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MONDAY
A&M
BUS,
1949
26
SEP
library
Reg. U. S. Pat. Office
New
Number 4841
Volume 170
Price 75 Cents
York, N. Y., Monday, September 26, 1949
General Corporation and Investment
RAILROAD
Prov.
expenses
of
pit.
acqui.
48,766
income
Int.
■
585,193
(3,933,717
(4,695,565
3,571,151
3,470,244
Divs.
Cr8,601
Crl27,803
$423,210
105,000
$8,062,444
1,260,000
$318,2K)
$6,802,444
$4,667,910
Curb Exchange
York
New
Chicago
Stock
Exchange
$629,582
Oper.
t
3,268,636
$634,221
$622,973
105,000
105,000
$8,073,693
1,260,000
$6,138,497
1,260,000
$529,221
$517,973
$6,813,693
$4,878,497
stk.
Balance
170,
—V.
corporation on Sept. 8 reported that it had purchased during
month of August,
1949, 18,800 shares of its series A preferred
The
the
of the corporation.
account
^
:
V
National Quotation Industrial
•
The
corporation
also
purchases
reports
y
shares
shares
108,187
the
during
of
Foreign
Exchange
"
received
i.
V
Total
1
(net)
566,286
599,257
$4,257,894
Fed.
taxes
Canadian
&
$4,431,469
1,628,000
income—
on
r:
i—_
dividends
1,680,190
5%
On
per
Earned
pfd.
share for
Remainder
1948
surplus, Jan.
Earned surplus,
Earnings
v-
per
—V.
P.
168.
845,835
1
June 30
:
13,816,769
$19,018,795 $15,735,973
$2.40
$2.51
—
share
common
$1,919,204
17,326,714
—
740,106
$1,692,081
——
Net
equity
937.
V'i-
the week
For
this
In an order issued Sept.
15 the SEC gave interested persons until
Sept. 26 to request a hearing upon the common stock financing
proposal of this company.
• yy
sol.
—v.
additional 498,081 shares of its common stock ($10 par).
rights would be accorded to common stockholders
of record Oct. 7,
1949, upon the basis of one new share for each
nine shares then held.
Competitive bidding for the shares (including
not in excess of
49,808 additional shares which might be acquired
an
'
,,
of
in
the
the
48
3
System
Church
and
will
stock
the
of
York
New
St.,
for
received
be
to
up
be used for additional equity
other corporate purposes. Bids
31:30
at
the
company's
lEST)
a.m.
Oct.
in¬
for
office
6.—V.
170,
1073.
p.
■-
;
■'
10.71%,
or
CONSOLIDATED
INCOME
Period End. June 30—
ACCOUNT
JUNE
1949—3 Mos.—1948
$
"X '
,
«
,
.
AND
12
designing
and
Sept.
10,
polymeric
protective
1949,
this
for
resins
coatings
Springfield,
facilities
for
lonltrile,
allyl
5,406,271
26,408,032
24,282,526
5,044,129
25,199,546
Total
$
46,916,160
Other
Prop,
income
Federal
taxes
Other
and
10,427,314
46,016,378
386,104
42,898,797
103,348
Corp.
240,427
11,803,721
46,402,482
43,139,224
2,698,046
11,392,960
10,843,780
553,712
573,161
2,265,364
2,293,554
8,170,335
7,259,455
32,744,158
30,001,890
Cr30,028
65,128
305,850
684,951
7,194,327
1,293,582
32,438,308
5,174,100
6,906,781
(net)
of
pit.
5,900,745
27,264,208
24,236,691
292,446
173,154
972,481
Balance
Transf.
to
surplus res..
divs.
to
public™
Portion
—
applic.
to
6,614,335
5,727,591
26,291,727
23,941,815
6,614,335
5,727,591
26,291,727
14,153
23,941,815
23,941,949
5,080,248
—_
909,589
652,645
170,423
Dr2,603
109,062
$27,376,880 $28,437,243 $38,194,013
2,152,926
1,849,393
1,682,406
819,702
413,374
781,819
396,658
137,955
156,261
176,335
2,987,142
2,252,497
204,166
1,919,769
10,830,933
8,183,760
12,685,640
1,477,989
$10,375,859 $15,377,791 $20,896,033
exps.—
gen.
$7,201,901
1,470,916
72,362
&
—<
business
etc. —
$1,867,778
new
inc.
State
taxes
U.
S.
&
foreign
inc.
Net
income
Earned
mines,
32,797"
1,871,553
84,211
$8.74
$0.05
smelting, refining and manufacturing plants,
from sales
$5.18
$3.28
share
com.
per
52,011
taxes
(est.)—
metals, by-products and manufactured products, and from treatment
of
metals
of
others,
before
deducting
administrative and general
of
expenses,
—v.
170,
corporate taxes, depreciation, depletion,
782.
p.
"American
;*.'
v
Steel
Oliver
that
on
the
E.
Mount,
taxes on income, etc.
v5:".'"!■
Foundries—To
Share—
and Treasurer,
Secretary
Book
Increase Stated
Value of Common Stock to $30 per
on
Sept.
19 announced
Sept. 30, 1949 the company will increase the stated book
1,210,103 shares of its no par value
$30 per share.—V.
min.
interests
1,608,906
28,142
Depreciation
of
Balance
2,763,452
294,876
acquis,
adjustments
253,890
Depletion
29,316,939
1,293,582
public and other
Amortiz.
♦Pfd.
10,530,662
3,079,674
—
450,705
misc.
income
taxes,
on
8,200,363
to
income
254,520
oth.
cos.
&
franchise
&
deplet.
(net)
329,520
—
12,061,827
5,067,272
1,051,955
approps.
income
13,412,291
64,643
taxes—
—
retir.
reserve
3,135,578
21,289,573
taxes
1946
$6,186,304
not
investments—
investing,
191,784,463 170,860,089
93,751,968
81,532,429
4,685,872
18,858,219
16,301,337
961,524
4,132,435
3,644,043
3,740,413
15,613,172
14,421,656
1947
1948
1949
$24,255,766 $26,403,394 $36,936,321
——
subs,
Exps. for research, mine
$
$
43,825,468
20,874,767
3,575,980
____
751,959
V;V"
••
inc., less misc. chgs._
on
23,125,040
183,020
26,422,185
435,216
787,423
Smelting & Refining Co. (& Subs.)—Earns.
subs.,
Profit
134
24,282,660
405,661
5,406,271
179,122
5,996,724
surplus
equity
170, p. 298.
paper,
began
co.
^
t
common
value
stock from $20 to
'
.
in
American
Power
&
St. Louis Listed and Unlisted Securities
Light Co.:
Net
equity in income of
(as above)
income
134
Edward D.Jones & Co.
Plant in Production—
corporation,
the
industry,
of
income of subsias
which
leather,
production
specializes
textile,
at
its
in
adhesive
new
Established
Total
6,614,335
26,305,880
79,186
114,026
450,363
173,834
Expenses
5,727,591
187,632
679,663
300 North 4th St.,
393,400
taxes
HI.
The
polymerizing
and
equipment
vinyl,
similar
acrylic,
polymers.
at
the
new
plant
includes
methacrylic,' styrene,
acry-
Balance
♦Full
earned
to
surplus.
dividend
or
6,361,315
5,425,933
25,175,854
744,019
22,804,530
requirements applicable to respective periods whether
unearned.
1871
St. Louis 2, Missouri
Members
"
Income
New York Stock
plant
Exchange
Louis Stock
Exchange
St.
near
24,282,526
con-
1078.
p.
from
Admin.
MONTHS
1949—12 Mos.—1948
11,739,078
Federal
Other
v
American Polymer Corp.—New
Effective
26,408,032
193,186
to
earned
170,
than
4,192,302
Operating revenues
Operating expenses
subsids.
'
5,406,271
6,310,649
-1-
—
American
15, 1949, the System inputs of subsidiaries
to 245,138,000 kwh., an increase of 23,over the corresponding week of last year.
kwh.,
722,000
Net
would
stock sale
subsidiaries
purchase
30
347,253
would determine the subscription and public offering
stabilization)
Proceeds
V 971,816
6,310,649
120,739
of
subscription
price.
198,491
6,310,649
above)-
carried
Bal.
amounted
previously reported, American would offer for sale at competitive
vestments
259,219
taxes
Income
ended Sept.
company
deductions
in
717,461
5,117,934
14,153
consolidated
Int.
As
30,465,174
329,911
5,130,701
Co.:
Total
Expenses
—-—48
(as
Int., divs. from
Gross
American Gas & Electric Co.—Hearing on Stock Fi¬
nancing—
■
Prior
32,840,460
159,850
1,293,582
income
♦Of
y
bidding
7,058,194
124,853
1,250,183
'
Lt.
&
Pwr.
Other
American Power & Light Co.—Weekly Input—
Other
__—
—
of net income
91,969
91,978
stock, $2.50 per share
stock, $.80 per share for 1949; $.70
com.
$2,751,279
$2,629,894
_
paid:
cumul.
On
—;
_
7,944,904
company
of subs..
income
Am.
Divids.
Subsidiaries:
income'
Net
Cash
43,629,068
13,163,894
res
surp.
equity of
exams.,
/
46,505,347
13,664,887
to
♦Earnings
of
—
3,352,555
6 Mos. End. June 30—
$3,865,183
royalties
of
income
for
Prov.
$3,658,637
—
10,410,749
3,628,829
nority interests
Net
-
largely
69,709
11,573,733
public—
applic. to mi-
in
Capital Flotations for Month of August
1948
discounts— $32,423,186 $31,102,779
Cost
of sales
:
25,105,718
23,697,734
Depreciation of plants, machinery & equipment
386,730
352,704
.'Amortization of■ patents—
0 7,467
; 9,144.
Selling, administrative & general expenses
3,264,634
3,178,014
Operating income
income
consisting
12,091,768
43,387,017
242,051
——
to
divs.
Portion
48
48
Rates
Statement of Member Banks
Federal Reserve
(Including Domestic and Canadian Subsidiaries)
Other
13,488,268
46,114,396
390,951
(net)
Balance
Pfd.
Sales, less returns, allowances and
.
3,141,964
10,288,67 1
122,078
deductions
Transfer
'
■
Banks___.
Condition
American Chain & Cable Co., Inc.—Earnings—
1943
3,511,399
income
Income
Combined Condition Statement of Federal
Reserve
6 Months Ended June 30—
82,952,605
16,767,686
3,713,615
14,526,176
11,504,024
revenues
income
Gross
Redemption Calls and Sinking Fund Notices..48
corporation
;
' *■'
-
-
-
Dividends Declared and Payable
also reports sales of 1,473 shares Seaboard Air
ldne RR. preferred stock and 12,905.85 shares of New York, Chicago
& St. Louis Ry. common stock.—V. 170, p. 1077.
The
x.
1,034,016
4,139,301
oper.
MOTHS
93,183,848
18,843,316
4,125,058
15,730,499
21,042,809
4,744,654
979,257
3,733,168
20,693,275
4,831,618
taxes
Other
Investment News..Cover
State and City Bond Offerings
—.57
The Course of Bank Clearings
47
of
month
taxes—
taxes—
Property retirement and
deplet. res. approps.-
General Corporation &
Southern Union Gas Co.,
preference
common
stock, 600
of The Pittston Co., common stock and
23,900 shares of Wheeling & Lake Erie Ry. Co., common stock,
of
August
Other
Stock Averages_37
V •'VMiscellaneous Features -:l
*.v
1949,
31,
Aug.
r
,
there were outstanding 342,091
shares 3of
(fatties A preferred stock, having a net asset value of $88.74 per share,
v, and vr.a, 13 shares of prior preferred stock, having a net asset value
of $722.20 per share.
of
As
-
the
for
6tock
45,713,633
—
income
Federal
12
$
$
$
43,930,523 191,485,385 173,438,867
$
i
AND
1949—12 Mos.—1948
1949—3 Mos.—1948
.
Investments—
Adds Utility Stock to
V
taxes
Net
of
direct
excl.
Other
JULY
STATEMENT
INCOME
revenues
exps.,
Federal
—...40
41
Montreal Stock Exchange.
42
Montreal Curb Exchange.
42
Toronto Stock Exchange*—
43
Toronto Stock Exchange—Curb Section—
45
Over-the-Counter Markets
--46
Transactions New York Stock Exchange
28
Transactions New York Curb Exchange
—28
Stock and Bond Averages (Dow-Jones) ——37
Stock-
Corp.—Buys Additional Preferred
Alleghany
Operating
Oper.
June 30, 1949, in
quarter ended
the
three of the subsidiaries for payment to stockholders
July, 1949, instead of June as, in the previous year.
''Subsidiaries:
40
—40
____
not
by
CONSOLIDATED
.
12 months ended
include dividends for
the
for
does
744,019
amounting to $2,099,964 on stock held by the company,
Period End. July 31—
San Francisco Stock Exchange
589.
p.
——
income
statement
393,400
$11,971,281 $12,834,399
——
.
1949,
in
record
St. Louis Stock Exchange
—
preferred
on
Stock Exchange
Pittsburgh Stock Exchange...
■
Income
Net
3,441,331
295,449
(net)
V
.
Exchange
Philadelphia-Baltimore Stock Exchange
$9,407,133
263,806
Los Angeles
de¬
other
and
ductions
$886,779 $11,515,024
$929,670
income
Gross
Interest
Divs.
2,864,774
taxes—
and
exps.
Stock
Detroit Stock Exchange
3,799,272 $45,633,027 $42,696,581
34,118,003
33,289,448
2,912,493
$3,794,444
revenue
Cleveland
1949—12 Mos.—1948
1949—Month—1948
Period End. Aug. 31—
Gross
_,
30,
declared
38
38
—39
39
39
—
Stock Exchange
450,362
679,663
company's
above
June
38
Boston Stock ExchangeCincinnati
Balance
The
the
$13,101,306 $13,971,819
—
taxes other than income taxes—
incl.
taxes
income
Net
17
29.
—33
(Stocks)
(Bonds)
New York Stock Exchange
$5,927,910
1,260,000
105,000
Stock Exchange
New York
30,552
$734,582
preferred stock
on
5,037
Cr21,312
deductions
income
Net
60,885
4,669
premium & expense-
Quotations
Page
3,162,639
57,807
Stock and Bond
disc.,
of
1949
1948
$13,087,153 $13,971,634
14,152
134
—
Income
ALONE)
(COMPANY
INCOME
income
Expenses,
$9,181,988
3,479,684
269,283
301,965
debt-
debt
Amortiz.
Other
$688,979 $11,472,133
$1,019,904
—
long-term
on
585,193
556,812
taxes—y
Gross income
;=
48,766
821,305
)
taxes
Federal
OF
Total
L-
adjustments
General
STATEMENT
subsidiaries
from
Other
In This Issue
3,851,520
4,312,500
334,000
377,500
News
12 Months Ended June 30—
Income
Copy
MISCELLANEOUS
-
COMPARATIVE
$3,634,482 $45,637,855 $42,047,374
20,638,746
21,387,277
2,005,925
1,362,755
___
deprec.—
for
Amortiz.
INSURANCE
-
1949—12 Mos —1948
1949—Month—1S48
$3,630,231
revenue
Operating
INDUSTRIAL
-
Power Co.—Earnings—
Alabama
Period End. July 31—
Gross
PUBLIC UTILITY
-
a
Chicago Stock Exch.
New
York
Chicago Bd. of Trade
Curb Exchange
Associate
Phone
CEntral 7600
Bell Teletype
SL 593
2
American
Stores
Period End. Aug.
gales
$30,164,051 $30,130,786 $171,731,373 $170,062,655
170, p. 782.
American
than
of
converted
been
i>rivilege
of
of capital
Sept.
on
payment of $30 in cash for each share of
conversion. On and after June 20, 1951, they
jvill be convertible by surrender of S100 of debentures and payment of
$.40 in cash.—V. 170, p. 1078.
Issued
of
its
called
cumulative
5%
office
of
normally
for redemption on Nov. 1,
preferred stock at $115 per
$1,25
4,301
share, plus
be made at
next,
per
—v.
corporation
$20,000,000
barrels, or
$64,000,000
cal
at
bakers'
yeasts,
.
to
St.
the
plant,
to
1329;
V.
168,
directors
natural
in
facilities,
gas
including
dividend of 60 cents per share
a
$40,000.—V.
165, P. 2130.
and
operate
163 miles of 20-inch
Estimated cost of the
the
authorization, the company will |?uild a 72-mile line
capacity of 200,000,000 cubic feet of natural gas per day
extending from Harrison County, Texas, to" Columbia County, Ark.,
and
approximately 90.8 miles of line between Columbia County and
Perla, Ark.
The latter line will have a daily delivery capacity of
;•
"
Locomotive
Baldwin
has
company
't
,
\
;
'
Works—Turbine
received
from
order
an
the
"•
"
'
rently
the
develop
the
for
than
lower
raised
to
full
rated
are
being designed
is
dam
turbines
at
120,000
the
140,000
horsepower, they are cur¬
horsepower under a head of water
ultimate
capacity of the dam.
When the
height, new runners will be installed to
horsepower.—V. 170, p. 590.
140,000
Co.—Earnings—
(Including
Revenue
passengers
Transfer
hearing
As
has
given
the
upon
Co.—Hearing
interested
bond
financing
Financing—
on
Sept. 29 to request
of this company.
proposal
passengers
7,780,730
___
oper,
revenues—
1949—7 Mos.
oper.
expenses
215,131
1,465,533
The
construction
$23,100,000
during
program
involves
of
1949,
$13,370,000
which
COMPARATIVE
Period End. July 31-
$2,443,003
taxes
Prop,
208,412
deprec,
129,118
—
expenditures
145,405
173,891
1,249,826
expended
of
to
$302,292
'$670,948
3,794
4,250
26,020
30,180
'$26,444
Fixed
Int.
'$156,699
$328,312
184,333
charges
income
oper.
for
revenues^—
lease
of
2,189,275
1,884,804
$5,513,116
Operating
Other
28,770
income
income
Gross
$490,532
(net)
income
Interest
337,556
$392,281
10,086
.
336,488
$5,176,628
$4,591,113
26,855
21,087
$491,612
oth,
and
27,520
1,080
$402,367
$5,203,483
$4,612,200
118,527
105,384
1,428,990
1,327,225
chgs.
'$84,163
'$219,274
*$80,082 'SI.076,155
170,
bonds of
the
The bank
the
net
Net
income
$373,085
$296,983
preferred stocks.——
—
applicable" to
the
trustee holds
£2,640,000 first mortgage bonds
payment of the peseta 6s.
form
for
The
interim
of
pledged bonds
certificates
bond
definitive
which
the
new
bank
security
as
held
are
wishes
to
in
ex¬
bonds.
motion
present
to
The
asks
permission
institute
to
action
an
for
an
bring
about this exchange.
If permitted the action would be against J. G, Glassco, receiver and
Manager4 of Barcelona, and the company itself. The motion was made
-V.
—
$3,774,493
$3,284,975
608,609
608,609
170, p.
1078.
$3,165,884
________
$2,676,366
\
Sept. 14 and hearing was adjourned for three weeks until Oct. 5.
Barcelona utility, with head offices in Toronto and operations
in Spain, has been declared bankrupt in
Spain and In receivership in
Ontario.
The company claims that the Spanish bankruptcy proceed¬
ings are illegal and an attempt is being made to have them upset.
The
Nominees of Juan March Made Bankruptcy Referees—
The New York "Times" of Sept. 21 had the following:
March, mystery man of Spanish high finance, on Sept. 20 took
over
this $350,000,000 company which he had forced into bankruptcy..
During a stormy meeting of creditors on Sept. 20, Senor March's three
representatives
Armstrong Cork Co. (& Subs.)—Earnings—
(Including Domestic
Net
sales
Cost
of
1949
goods
sold
_•
Profit
Other
from
1948
1947
returns,
The
61,634,446
52,007,454
9,628,237
7,677,094
2,272,238
1,927,119
1,622,648
$7,253,419
$9,729,775
$6,714,031
80,673
805,242
170,112
$7,334,092 $10,535,017
operations—..
income
66,211,580
10,452,288
8elling, general & admin, expenses.
Prov.Jor deprec. & amortiz
$6,884,143
—
referees
for
liquidation of the Barcelona
Under Spanish law referees
operating in conjunction
tors they represent are empowered to sell the
••
..
$81,612,391 $87,496,711 $68,021,227
——
elected
were
stock
Miscel.
Prov.
income
int.
for
other
and
Fed.
charges
State
&
inc.
ventory
33,816
2,241
continue
or
prize
at
Co.,
all
Power
Senor
4,146,000
March
to
stake
the
operate,
the
was
stock
dividing
financially profitable Ebro Irrigation &
which is owned by Barcelona Traction.
of
began
Spanish civil
2,570,000
.
_
in-
.
and
to
of
Beatrice Foods Co.—Conversion Price to Be
Changed—
205,000
+.
Net
profit of domestic companies.
eventual
replacement
of
existing low cost fixed assets
$4,425,276
$6,386,776
$4,105,981
for
'
"
/
1,060,000
$4,425,276
foreign sub¬
sidiaries excl. exchange losses
$5,326,776
$4,105,981
per
'Before
$1,112,000
—V.
1:56,351
for
recoverable
302,858
1,128,692
$2.80
replacement
Federal
350,493
445,474
1,128,713
share
common
reserve
659,526
479,193
dividends
Earnings
of
income
fixed
$2.70
tAfter
relative
taxes
1,128,692
$4.21
assets,
Delaware
the
thereto.
3%%
account
1949
1948
$617,387
$558,420
72,274
—
and
other
stock
$244,928
■
dividends
$135,641
80,423
paid-
$36.25
company
interest
$122,178
$55,219
1,108,663
816,603
$1,230,841
ship.—V.
sale
$871,827
investments-
of
169,
Black,
The
be
of
170,
148,415
The
p,
30
—r
$1 082 426
•
and
Financial
Chronicle
(Reg,
U.
S,
to
the
authorized
1,500,000
Oct.
on
issuable
10,
public
rights
up
to
11
by the
companv
(EST)
am
Opt
18
w •it"
'
■
£20
Banque
Lausanne-
Paris
the
for
On
account
of
the
fluctuations
In
the
rates
on
bonds,
made
the
plan
and
on
note
a
of
referred
the
to
Messrs.
and
sum
of
of
after
the under-mentioned
of
a
equivalent
further
the
old
on
first
reorganization.
Oct.
1,
1949, upor.
Paying Agents of the
distribution.
are:
.
Chemical
Suisse,
Bank
As
Geneva,
Co., at 143
at
J.
Henry Schroder &
E. C. 3. England,—V. 168, p. 2222,
London,
Fund, Inc.—Earnings—
'y
&
1949
1948
1947
$352,002
$271,284
13,626
11,981
46,875
interest
$438,882
11,702
Dividends
41,583
31,240
*
1_
income
Expenses
'Net
fee
income
$380,305
Dividends
investments
$20,687
in
$296,793
328,355
,cf
gains
(computed
in
1949,
losses
or
the
basis
gains
of
on
against
of
207,251
Realized
in
1948
loss
c.i
amounted
cost)
average
$302,523
$228,063
264,921
investments.
on
to
net
and
$253,943
1947.
NOTE
Company
—
no
p.
169,
files
provision
"regulated
as
for
Federal
investment
income
taxes
company,"
has
been
and
mad',
2747.
Brunswig Drug Co., Vernon, Calif.—Acquisition—
The
San
with
merger
Francisco,
and
will
of
be
both
into
this
of
company
consummated
firms
have
about
Coffin-Redington Co.,
1, it is announce-.
Oct.
overwhelmingly
the
approved
con-
solidation.
„
In
notice
a
to
shareholders
of
•
Brunswig
Drug Co., Roy V. Schwab,
President, notes that stockholders dissenting from the plan may, upon
compliance with the procedure prescribed
by the California Corpo¬
ration
—V.
Code,
169,
obtain
the
of
payment
fair
market
value
of
his
shares,
1776.
p.
(The) Budd Co.—Completes 141st Car for Penn. RR.—
It
is
that
announced
railroad
passenger
Sept.
by
22
that
The
railroad
of
excess
RR.
since
last
the
It
end
order
an
before
the
Co.
101st
the
at
war
the
all-stainless
all-stainless
RR.
was
Budd
car
steel
steel
complete.-:
bunt "'far
has
combined estimated
a
cost lis
.
.
40
built
for
Pennsylvania
was
the
of
of
car
the
on
Co.
$12,500,000.
Budd
On
the
cars
Budd
for
cars
the
Pennsylvania
war.
five assembly lines at Budd's Red
Lion plant are passenger
Brazil, Southern Ry.
System,
Norfolk.
Lackawanna, Santa Fe, Chicago, Burlington
& Quincy and the Wabash.
Other orders have been given the com¬
pany by the Union Pacific and the Southern Pacific.—V. 170, p. 784. i
for
cars
the
Western,
Central
Missouri
of
Pacific,
Bush Terminal Co.—Offers to Buy Bonds—
The
City
York,
N.
tenders
bonds
Bank. Farmers
Y.,
for
due
Notice
will
the
until
sale
April l,
Trust
shares,
is
effected
will
on
conversion
be
of
automatically
prior
or
Sept.
14
companies
the
announced
Lincoln
Loan
in
Corp.
four
purchase
of
July
to
name
but
more
than
as
of
1,
of
The
offices
500
offices
Ind.,
will
subsidiary
a
which
continue
of Beneficial.
under
place
a
prior
to
has
(
000
■
Office)
14
for
the
Co.
R.
S.
Wilkins,
and
formal
submission
of
to assemble
all
alternate
the
its
owner¬
i-V., ;
1952.
of
299.
P-
.
The
company
York
as
Mr.
Co.
to
Co.
of
he
is
Both
the
also
was
which
late
D.
named
J.
and
the
of
and
owned
the
of
162,
New
26.
Petroleum
the
of
the
of
executive
July
Bahrein
by
p.
the
on
member
a
Nichols
of
died
who
jointly
Co.—V.
B.
member
a
director
a
are
Texas
Howard
and
Hanna,
Vice-President
a
companies
California
election
Vice-President
a
succeed
Nichols
of
committee.
Co., Ltd.—New Director—
the
announces
director,
a
,
,
California-Texas Oil
executive
Standard
On
2813.
Calumet & Ifecla Consolidated Copper Co.—New Loans
In
August
the
Co.
surance
payable
First
National
installments
There
were
an
Aug.
Bank
of
also
Boston,
Feb.
of
1,
notes
the two loans
remainder
was
$5,700,000
dated
agreement
1964;
$8,000,000
the
and
1,
beginning
The money from
loans
borrowed
company
under
notes
Aug.
$2,300,000
which loan
1950,
and
used
on
from
in
on
Aug.
10
31.
$6,250,000 of bank
repay
working
Less:
173,'
capital.—V.
;
Quarter
ore
Metal
the
half-yearly
1,
1954.
Aug.
880.
Tons
3%$.',:
by
borrowed
matures
to
to
In¬
Prudential
evidenced
ending
outstanding
was
added
from
16,
was
Ended
June
Gold Mines
Limited—Earnings—
30—
1949
milled
marketing
1948
114',343
production
(gross)
charges
85,-595
$345,684
i
$301,694
3,058
2,638
$342,627
.
of
without
in
purchase
necessary
$299,3011
In
it
plan
called
inventories
B.
purchase
Operating
operating
foreign
the
other
and
it
has
the
considering,
revenue
not
been
about
170,
p.
to
Total
Provision
management
Estimated
Mr.
Capital
Wilkins
,"-';
of
amount not
assets.—V,
29,629
1,876
2,480
$52,913
Non-operating
addition,
is
payment
an
269,677
51,037
profit
$299,306
317,941
costs
Estimated
$1,200,000
for
for
$32,109
NOTE—The
—V.
2,033
profit
before
write-offs—
170,
p.
above
1,5 -I
50,880
13,814
taxes
net
expenditures
3l,6u2
figures do not include allowance for
2.
30,f
depreciation.
'
exceed 52,425,-
686.
Dana
for
and
for
property and
26,351
$368,978
Manufac¬
the
Products
management wishes to
hands of the stockholders
proposal
data.
assistance.
cost
Total
the
the
which
scheduled
action.
Treasurer,
report
was
considering
Liberty
—
Adjourned—
which
/■
original
for
of
purpose
proposals,
Climax Engineering
William
meeting
division
again adjourned
complete
received
stockholders'
added.'
the
Patent
to
Bryson, Inc.—Meeting
Engineering
was
mortgage
Oct.
Estimated
&
special
Sept.
on
first
2747.
p.
Climax
William St., New
27,
1949, receive
4% 50-year geld
agent, 22
on
Sept.
as
noon
$250,000
acceptance or rejection of tenders will be mailed not latir
3, 1949, and any tenders so accepted should be deliver.>a
to the company's agent on or before Oct,
10, 1949, for payment at
the
price indicated plus accrued interest to Oct. 10, 1949.—V. 170,
than
Canadian Malartic
controlling,
a
Indianapolis,
States.
Co.,
o'clock
12
it
to
(Continued
on
page
7)
i
Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D.. Seibert, Editor and Publisher;
William Dana Seibert, President; William D.
Riggs, Business Manager.
Published twice a week [every Thursday
(general news and advertising issue)
with a statistical issue on MondayJ_
Other
offices:
135 S. La Salle
St„ Chicago 3, 111. (Telephone State 0613); 1 Drapers' Gardens,
London,
E. C., England, c/o Edwards <fc Smith.
Copyright 1949 by William B. Dana Company.
Reentered
as second-class matter
February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of PanAmerican Union, $35.00 per
year; in Dominion of Canada, $38.00 per year.
Other Countries. $42.00 per year.
.,
*
MOTS:
30
bond)
income
distribution
holders
to
company
accepted
be
above
Zurich;
Leadenhall Street,
Boston
June
£20
per
trust
et des Pays-bas, at Geneva.
Broadway, New York; Credit
165
and
(10s
half-year
same
available
not
one
agents
at
half-year ended
collateral
f
the
is
of
will
stamping with
de
Co.,
any
for
have
who
to
for
paying
2 y2%
collect such interest upon presentation
of the corresponding coupons to any of the
bond)
liability
bonds
the
of
and
an
upon
preferred stock
conversion
Sivalls
held
turing Co.,
$871,827
978.
Commercial
hereafter
convertible
the
adjourned
the
The
Balance—June
-V.
share
existing
may
earnings
Balance
possible
on
stock
if
on
in
loan
12
According
Loss
or
common
the original
parent concern now has
The
353,972
122,750
income
the stockholders
operate under
to
Net
Preferred
the
initial
received
for
interest
mortgage
bonds
per
the
ox
bonds
Trust
p.
$489,614
300,185
deductions.
reclassify
$25,
par
68,806
%
$545,113
Interest
shares,
and
Beneficial Industrial Loan Corp.—Expansion—
to
(Vs
of
'
company
pay
5%
payment oi^VzVc
The
appropriate
will be filed with the Secretary of State
about Oct.
24, 1949, whereupon the conversion
cumulative
to
operates
,
750,000
change
1952; $37.50 per share if conversion is effected thereafter and on or
prior to July 1, 1955; and $38.75 per share if effected thereafter;
such adjusted conversion prices
remaining subject to further adjust¬
ment as provided in the certificate of
incorporation.—V. 170, p. 978..
tLoss.
'(Company only)
*
on
to
deducting
Co.—Earnings—
Dividends, interest, and other income
Operating expenses and taxes.
from
the
of
This
Associated Telephone & Telegraph
amendment
$12.50, is approved by
certificate of amendment
169, p. 893.
6 Mos. End. June 30—
stock
adjusted
dividends
Common
proposed
par
price
Combined net profit of
Preferred
a
common
Of
Balance of profit of domestic cos,
transferred to earned surplus..
initial
holders
old
1, 1949,
paying agents,
net
2,/2%1 <103
the
to
of said
the
committee,
If
Res.
the
one
bonds said:
after Oct.
Out
\
replacement
excess
..
above-mentioned
on
with the credi¬
corporation, dividing the
the profits.
buying Barcelona Traction bonds in the days of
war, when their value had considerably depreciated.
Agents of the Canadian National Trust Co., Representing American,
Belgian, British, Canadian and French security holders entered a vig¬
orous protest over the
proceedings and abstained from voting,
The company was forced into
bankruptcy on Feb. 12. 1948. by Senor
March, owner of the majority of its obligations. Interest on them has
not
been
paid since 1936 because of Spanish Currency restrictions.
See also V, 170, p. 783,
the
3,162
2,875,000
taxes
applicable to above profit
fNet charge arising from LIFO
will be
Mass.,
.
Total
the'
at
preferred
for
firm.
Subsidiaries)
6 Mos. Ended June 30—
to
the
cash
1078.
p.
the
Boston,
earnings of
under-mentioned
on
Juan
Balance
Street,
sufficient
are
Stockholders
company.
as
preferred
to
plus
Ry. Co.—Interest Payment—
and holders
Cs
this
new
offer
equal
1073.
p.
mortgage 5%
The
1949,
The
Dividends
the
share
Ltd.—Hearing
14, the Westminster Bank, Ltd., of London, England, trustee
due 1972, made a motion in the Supreme Court cf On¬
(Canada) for leave to Institute proceedings in connection with
order
—
Federal
49
therefore
peseta
tario
$4,928,669
plant
(net)
170,
of
first
88,172
347,215
Barcelona Traction, Light & Power Co.,
for
;
Franklin
A.
Regan,
Vice-President, in notice to holders of 5%
mortgage and collateral trust income bonds, series "A", and holders of
On Sept.
$419,801
;
76,226
f332,168
879,
P.
1949—12 Mos.—1948
155,032
$519,302
12,973
49,602
tAdjusted for children and students.
JExclusive of interest
accruals payable to the sinking fund trustee of $30,763 for the month
of July,
1949 and $216,917 for seven months of this year.—V. 170,
change
Net
Rent
10,043
+47,676
debents.
A
ser.
on
SEC
'$640,768
'Loss.
for
approp.
income
the
preemptive
common.—V.
the purchase
3 Months Ended July 31—
___
ACCOUNT
retir.
or
amount
an
for
at
1, 207,161
'$160,949
Operating income
Nonoperating income-
:
,
new
new
—V.
been
in
of
exchange
one
the
'Exclusive
$2,130,467 $25,925,874 $22,005,840
1,245,893
14,442,263
11,433,208
209,377
2,362,257
2,285,516
100,364
1,418,963
1,473,643
1,401,833
taxes
Other
INCOME
1949—Month—1S48
'
Operating expenses
reserve
had
v..
Operating revenues
federal
estimated
■
being
of
Bids
to
1, 427,671
'$30,238
—
,
with
proposal.
redemption price of $115 on the old preferred over
the
offering price of the new.
Eastern has waived its
1943
3,470,363
58,728,152
62, 775.093
$1,805,077 $14,548,845 $13, 091,324
1,577,004
11,531,194
11, 127,440
$1,873,384
1,554,125
204,092
Depreciation
Net
bidding $8,700,000 of first mortgage bonds, due 1979, the proceeds
to be applied to its construction program and other corporate pur¬
poses.
cash
shares
The
basis
a
previously reported, Arkansas would issue and sell at competitive
JUly 31St,
the
1,430
price.
the
on
Management
until
persons
be
presentation
Co
Coach
3,161,325
3,436,084
23,676,977
23, 519,592
16,149,517 tl9,208,311 128,636,0387143, 021,097
Total
Taxes
Baltimore
stock)
offering
will
This
1949—Month—-1948
July 31—
miles
Gross
SEC
public
old
Period End.
statement
financing
comomn stockholders (other than East¬
Associates, parent of Boston, which owns 99.17%
-of the
outstanding
full
its
registration
stock
new
Bolivia
of
Seattle, De¬
partment
of Lighting,
to
bulid
the
first
three
140,000-horsepower
hydraulic turbines for installation at Ross Dam located on the Skagit
River.
The total value of the contract is approx.mately $2,600,000.
Ultimately the Ross Dam installation will consist of four units, the
fourth to be purchased at a later date.
While
a
the
program.
Order—
City
filed
preferred
reported,
■
.
140,000,000 cubic feet, the company said.—V, 170, p. 978.
Arkansas Power & Light
a
—V.
-
...
16
proposed
company proposed to sell 35,000
shares
class of preferred stock ($100
par, cumulative) at competitive
bidding.
1 he offering will be subject to the
preemptive rights c!
common stockholders and to an
exchange offer to holders of outstandIng 6,c pieferred <12,942 shares), callable at $115
per share.
Proceeds
would be used to retire
outstanding preferred not exchanged and to
finance, in pert, the company's construction
to
$81,705 before Federal income tax and it is estimated
earnings
for
the month of September will
be
approximately
that
Line
a
The
its
mortgage
about
Louisiana,
and
declared
16
Sept.
company,
previously
Tm.r,?paliy will offer its
Utilities
shares of 6% cumulative preferred stock, payable Oct. 1
to holders of record Sept. 23.
This pays up all dividend arrears and
includes the full dividend for the current period.
Earnings for the first eight months of the current calendar year
Total
Texas, Arkansas
construction is $7,618,500.
with
Sept.
on
Baltimore Transit
construct
to
company
As
.
Revenue
the
dividend
the 25,000
on
1794.
p.
the
Nov. 1 on the common stock. This issue had
share each quarter to and including Aug, 1, 1949,
on
per
Automatic Firing Corp.—Wipes Out Dividend Accruals
The
somewhat
$1,250,000.
brewing beer, produces pharmaceuti¬
other baking ingredients; industrial
dextrines, corn syrups and livestock and
authorized
has
additional
Under
Louis
,
pipe
line,
said
where a
have been completed.
Louis plant is to be
St.
reported
.
plans to construct
estimated 1,250,000
Louisiana Gas Co.—To Construct Pipe
Arkansas
Facilities—
PPC
is
it
an
and
yeast,
food
starches,
feeds.—V. 169, p.
The
with
J„
company's
of
cost
a
addition
other
and
poultry
N.
President,
Jr.,
corporation, in
that
announced
19
Newark,
at
one-fourth of the
expansion program
August A. Busch,
expanded further,
The
Sept.
on
brewery
Dividend—
voted to omit declaration of
20
342.
p.
The
covering
ern
agent,
Anheuser-Busch, inc., St. Louis, Mo.—Expansion—
The
Sept.
on
25 cents
168,
The
a
SEC—
of
payable
received
amounted
share. Payment will
J. P. Morgan & Co., Incorporated, purchase fund
New York, N. Y.—V. 170, p. 977.
Wall St.,
23
Corp.—Partial Redemption—
dividends totaling
accrued
the
has
corporation
.shares
Blackstone Valley Gas & Electric Co.-Registers 'Vith
1078.
p.
directors
The
upon
Viscose
American
The
170,
Monday, September 26, 1949
Sale—
Segal,
A.
'
and
debentures
be
to
Robert
Atlas Steels, Ltd.—Omits Common
amount of 3Ve%
shares
into
effective
became
$100
stock
and
Telephone & Telegraph Co.—Conversions-
$739,000,000 face
debentures, due 1959,
stock since the conversion
1. These debentures were offered
for subscription by stockholders earlier this year, in the amount of
$394,372,900.
The latest figure for outstanding debentures
of the
issue is $321,279,300 (as at the close of business on Sept. 19). Initially
the debentures are convertible at $130 a share, payable by surrender
have
Segal
CHRONICLE
auctioneers, Newark, N. J.,
will on Sept. 27 sell at auction machinery, tools and equipment of
the Jakobsen Tool Co. on the latter's premises,
224 Glen wood Ave.,
Bloomfield,
N.
J.
Terms ' will
be
cash—for
immediate
removal.
—V.
More
I.
Herbert
1949—5 Mos.—1948
1949—Month—1948
FINANCIAL
&
Realization Co.—Auction
Asset
Co.—August Sales Slightly Higher—
31-—
———
—V.
COMMERCIAL
THE
(1182)
of
exchange, remittance
subscriptions
and advertisements must be made In New York funds.
Volume
Number 4841~
170
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE,.
(1183)
The Capital Flotations in the United States During the Month of
And for the
corporate emissions for August 1949 aggregated
placenient in the American market of $100,000,000 Gov¬
ernment of Canada 25-year 2%% bonds, due Sept.
1,
$124,(119,110, the smallest monthly total since February,
1974.
1947, when $217,767,388 was recorded. The month's total
compared with $447,552,109 for July, 1949 and $261,450,941 for August, 1948.
>
The decline in corporate financing is due in some
spects
Eight Months of the Calendar Year 1949
the
to
usual
re¬
and
effects
These
felt
were
both
in
Of
the
month's
Total
i
.
May
19
;
Total
1-.'
i
*
162,000,000
for
July
16
1
47,180,000
tl62,000,000
435,448,000
■
482*628,000
209,180,000
-
273,448,000
25
1
190,930,937
'
83,400,000
Janiiary
;
August
Certificates
98,040,000
.2.73,305,000
135,399,000
February
$116,500,610, or 93.4%, was for
$8,118,500, or 6.6%, for refunding.
Thus the course of financing followed the, same pattern
for the 37 consecutive month showing new money greater
V
.
482~628,000
342,011000
32
,
—.
total
_
-r t - T - r
'
32
—r - r -
Mai'ch
financing and
July—
1,061,076,500
112,740,000
44
June
•
$
^Certificates
V$19,220;000
•
14
.
Net Issued
Retired
21,648,851.500 20,587,775,000
for six months—
Total Amount
13
+_,
July
FINANCING
Issued
f
■
j
:
No. of Issues
August
the* public
private placement of securities.
new
,
months follows:
,
,
<jj
Corporate issues placed privately in August comprised
13 separate issues and aggregated $19,220,000, or 15.4%,
of
the
total
financing.
Comparison with preceding
markets and also to uncertain domestic and world-wide
conditions.
"INTRA-GOVERNMENT
V
....
...
*
•
V
securities
in The
dullness
seasonal
:
August
;
'
Total
3
„
...
August-
for
82,041,000
4,959,000
63,068,000
303,589,723
145,109,000
87,000,000
'366',657,728(
-ij_——L_
Total
Municipal financing for August totaled $174,981,416,
compared with $245,194,781 for July and $286,793,047 for
August, 1948. For the eight months of 1949 total munici¬
pal issues footed up $1,845,268,220, as follows:
«'
»
.Notes
308,548,728
.«
453,657,728
'
■
_
.
than
of May,
exception
refunding operations with the
1947.
The principal issues for the month
,
of
972,624 shares
were
stock
($19,452,480) Philadelphia Electric Co.;
$15,000,000 Northern States Power Co. (Minn.) first
mortgage 2%% bonds, due Aug. 1, 1979; two issues of
preferred stocks • of Pennsylvania Power & Light Co.
common
•New
January
February
March
174,381,015
of
month's -financing
The
SUMMARY
OF
was
CORPORATE
314,597,763
243,999,731
174,357,416
1,195,000
624,000
the
of
New
Capital
1949,
1948
$
s
'«
AND
New Capital
$
First
quarter
...
%
Life
Service
Retirement
Fund,
Postal
Insurance
Capital Flotations
During August, 1949
j
Maturing Later
Long-Term Bonds, and Notes (Issues
Than Five Years)
RAILROADS
•
f
<
1.295,000'
435,591,117
372,124.374
2,590,000
374.714.374
261,409,489
238,267,785
547,880,788
14,091,516
561.972,304
186,843,822
30,923,566
422,501,331.
604,461,395
97,041,541
701,502,936
312,323,947
139,824,303
368,444,693
217,767,388
452,148,250
47,650,700 1,096,360,233
1,524,466,557
113,723,057
1,638,189,614
760,577,258
277,783,073
50,212,500
382,349,500
80,964,460
463,313,960
381.550,874
>4,088,750
612,938,292
385.639,624
217,916,667
319,497,872
595,197,598
28,896,829
624,094,427
523,297,778
213,807,327
537,414,539
737,105,105
,
St.1 Paul
Milwaukee
'
;
&
trust certificates series JJ,
ment
1,038,360,331
562,725,792
107,035,204
'
■>.
Pacific RR: 2Va'!r equipdue $188,0.00 semi-annually March 1, 1950-Sept. 1, 1964.
Purpose, purchase of
equipment. Priced to yield from 1.20% to 1.50% according
to maturity. - Offered by Harris, Hall & Co. (Inc.); Blair
& Co.,
Inc.; Equitable Securities Corp.; Phelps, Fenn &
Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Graham, Par¬
sons &
Co.; Robert W. Baird & Co., Inc.; William Blair
£$5,640,000 Chicago
$
7.095,700
1,048,709,533
Foreign'
Fund,
Government
Details of New
Total
Refunding
$
39,260,000
434,296.117
•
March
Retirement
Retirement Fund, Alaska Railroad Retirement Fund,
System,
■
•$
certificates
1947
'
383,241,331
February
Zone
J-+1947
Total1
1,643,073,228
and notes;
certificates
series
174,981,416
231.172,035
January
special
Fund, National Service
Life
Insurance
Fund, Ffederal
Deposit Insurance
Corporation,
and
Federal Savings and Loan Insurance Corporation.
tNet retired.
$22,700,000 Puerto Rico Aqueduct and Sewer Authority.
Refunding
v
190,274,163
Canal
Savings
$17,353,921 $1,845,268,220
$1,827,914,299
MONTHS
Service
245,194,731
__
'•Exclusive
BY
of
sales
315,984,763
—f 1948
Totali.
$
$
1,387,000
eight months— 22,585,137,228 20,942,064,000'
346,375.519
August
-1949-
Refunding
New Capital
175,490,232
681,905
6,892,104
_
July
FIGURES
1,109,217
189,592,258
339,483 415
Total
feature
204,073,331
__
June
1969.
Another
$192,894,065
4,280,719
_
May
15
$1,183,976
199,792,612
for
"Comprise
sold to Adjusted Service Certificates Fund and Unemployed Trust Fund
and notes to Federal Old Age and Survivors Insurance Trust Account,
Civil
$191,710,089
,
April
amounting to $8,700,000; $8,000,000 Food Machinery &
Chemical Corp. 2%% sinking .fund debentures, due Aug.
15, 1969, and $6,870,000 Wheeling & Lake Erie Ry. gen¬
eral and refunding mortgage 2%%' bonds, due Aug. 15,
Total
Refunding
Total
.
.
■
681,165,940
1,056,250
294,929,400
31,250,000
682,222,190
326,179,400
1,211,487,818
30,519,224
1,242,007,042
April
May
June
Second
quarter
62,825,474 2,250,403,632
2,187,583,158
■
;
•
-
•
j
r
•
1,539,474,264
-•<:»>=
•
83.198,079
-
■
1,622,672,343
'
■
•
-
1,123,563,945
'
"
•
614,269,659
'
'
'
.
'
miek & Co.;
1
1,737,833,604
'
& Co.; Bramhall, Barbour & Co., Inc.; Uayden, Miller &
Co.; Weeden & Co., Inc.; Adams & Peck; Kebbon. McCor-
;
,
Wells'&
Corb'ett, Inc., and Mullaney,
Martin, Burns &
Co.
il,710,000 International Great Northern RR. 2%% equipment trust
;
certificates, series CC, due $114,000 annually Aug. 15,
1950-1964.
Purpose,
purchase of equipment.
Priced to
yield frcm 1.30% to 2.675% according to maturity. Offered by Halsey, Stuart & Co. Inc.
'
;
.
i
,
Six
months
110,476,174 3,346,768,865
3,063,940,821
17,864,226
447.552.109
503,630,336
14,724,735
518.355.071
494,500,121
125,726,255
620,226,376
0,118,500
124.619.110
259,360,941
12,090,000
25,757,281
261.450,941
158,250,417
112,461,407
270,711,824
458,744.588
484,501,869
265,676,364
122,187,231
387,863,595
quarter.
1.221,735,865
42,572,016
1,264,307,881
918,426,902
360,374,893
1,278,801,795
months..
4,285,670,686
239,493,152 4,525,169,838
2,802,568,105
3,236,292,691
"429,687,883
110,500,610
July
August
September
Third
196.921,136 3,260.861,957
1,884,141,203
892,052,732 2,776,193,935
Pacific RR. 2%% equipment trust certificates
MM,
due $335,000 annually
Aug 15, 1950-1964.
Purpose, purchase of equipment.
Priced to yield from
1.35%
to 2.6$%>
a,cQord|ng to maturity. Offered by Salo-
,?5,025,000 Missouri
series
•
Nine
628,499,165
:
647,242,184
458,524,576
474,476,470
87,318,960
630.719,965
946,003,815
69,701,999
quarter.
1,736.486,725
2,028-477,908
Twelvemonths
"Revised
'
1
z.
eliminate
to
$6,500,000 Consolidated
234,443,879 2,262,921,787
'277.058,031 6.261,656.563
4,831.046,013
1,486,871,504 6,317,917,517
refunding. {tRevised.
$3,985,000
T:
■
5.984,598,532
——
Grocers Corp.
Bros.
and
1,015,705,814
37,564,879
moh
Corp.,
607,997,623
77,422,920
3%
note
already
included
in
June
1949,
of
which
$2,515,000
capital
new
1.30%
purchase
of
Date
j
Amount
Offered'
Co.
W. Pressprich & Co.
Inc., and R.
Accepted
$
,..•11
which may be
the option of the United States on Dec. 15,
that the bonds of three-outstanding issues
.5
1949-51, dated July
Aug 12
1942, due Dec. 15, 1951; 3%% Treasury Bonds of
1949-52, dated Dec. 15, 1934, due Dec. 15, 1952; and 2V2%
Treasury Bonds of 1949-53, dated Dec. 15, 1936, due Dec.
15, 1953. There are now outstanding $2,097,615,100 of the
2% bonds, $491,375,100 of the 3Vs% .bonds, and $1,786,-
Aug 19
are
;
redemption
for
on
the 2%. Treasury Bonds of
These
that date.
i
*$1,700,000 Alabaina-Tennessee
1.000,432,000
99.739
1,001,542,000
99.746
"1.007
days
1.,585,985.000
1,000,676,000
99.743
: "1:017
92 days
1,625,308*000
1,000,510,000
99.737
"1.031
10-12 yrs.
449,120',928
449,120,928
5,402,500
4
91 days
91
.
,,
.
UTILITIES
mortgage pipe
series,, due ,1969. . Purpose,* finance con¬
pipeline.
Price, 102V4
and
interest.
Sold
privately to Northwestern Mutual Life Insurance Co.
line,
%
•
{ 1,656,268,000
Aug. 18
issues
called
;
91 days .; 1,391,380,000
Aug 11
are
<
Yield
,
12 years
Aug;
Aug
1949,
;
PUBLIC
Price
bonds,
struction
July 29
redeemed at
'
Amount
Applied'for
Due
Aug. 12
Secretary of the Treasury announced on
The
Dated
equipment. Priced to yield
to maturity.
Offered by
according
2.65%'
to
46,870,000 Wheeling, & Lake Erie Ry. general and refunding mortgage
2%% bends, series B, due Aug. 15, 1974. purpose, refund¬
ing. Price, 98.875 and interest. Offered by Halsey, Stuart
and
&
August
Securities
Stuart & Co. Inc.
Halsey,
TvT!%-
Financing in
Union
S.
$20,265,000
Treasury
Co.;
&
Inc.
Mexico Ry. 2%% equipment trust
series CC, due $68,000 annually Aug. 15, 1950-
Purpose,
from
' *
Drexel
Co.,
&
St. Louis Brownsville &
1S64.
'
Hutzler;
&
Stroud
ceitiiicates
.
Fourth
'
i l,020,000
685,420,543
561,795,430
,3,221,860
1,698,921,846
December
15,600.000
627,498,105
.
November.—
18.743,019
442,924,576
October
'
; {
1,252,427,625 4,054,995,730
"1.032
:
"r.
Natural
first
Co.
Gas
4%
of
"400,000 Butler Water Co. first mortgage bonds, 3Vs%
series B,
j v
due. Aug., 1, 1974.
Purpose, refunding ($250,000); working
capita],
($150,000).
Sold privately
to institutional in¬
■
.
15,
Aug 25
,
Aug 1-31 Aug
1
Aug 1-31 Aug,
,
Aug 1-31 Aug
3 years
1
t
,
|
L
a
a
5,402,500 100
.
nounced
the
Offered
Total
for
Total
the Treasury Snyder on Aug. 31 an¬
offering, through the Federal Reserve
for
August
L-—_
—
5,616,462,028
Peters,
Sale
redemption
called for
The
The
•
series
began
Sept.
1,
•
1948; and
interest
each
accrues
approximately 1.40%
month.
OF
vately
co.
Dated
Total
i;;:;; '
j
j. Refunding
Indebtedness
i
:
($100,000).
39,740,939,000
Treas.
bills
900,537,000
900,537,000
struction
v-V
i
bills
900.684,000
901,722,600
901,722,000
<
Tax Administration
July 28
91
day Treas.
bills
900,467,000
900,467,000
>'
July
1
Ctfs.
5,599,446,000
5,593,446,000
July
1
U.
Power.Co.
institutional
to
due
1,
Price,
Aug,
program.
>
.,
in-
.
first mortgage 2%%
(Minn),
finance coninterest.
Offered
1979.
Purpose,
101%
and
by Equitable Securities Corp.; Lee Higginson Corp.; Phelps,
& Co.;*R. W. Pressprich & Co.; Shields & Co.; Wil¬
liam
Blair & Co.; The Robinson-Humphrey Co.;
Cooley
<fc Co.; Auchincloss, Parker & Redpath, and Laird, Bissell
900,684,000
bills
privately
'
States
series
bonds,
1
' -r_—'
Sold
vectors.
%
44,813,935,083
.
Water Co. first mortgage 3% bonds, series C,
dtie July 1, 1979.
Purpose,' refunding ($400,000); working
,
+15,000,000 Northern
5,072,996,-083
months.—
six
for
Treas.
Savings. Bonds,
1 : '
:
.
91 days
1919
DURING
July
1,625,606,000
July 28
91 days
1,428,487,000"
3 years
July
:
S.
Savings
510,541,644
Depositary bonds—
{
-.7,914,500
bos.
5,599,446,000
510,541,644
•
i
j
>
{
:
1969.
I
1
notes:.
'
Tax Antic'n notes.
1,095,807,400
'•
1,095,807,400
Tax
Antic'n
——•
7,914,500
Aug 11
99.767;
*0.923
1,158,^78,610
10,817,119,544
1,614,263,544
1,001,542,000
900,331,000
;ADg 18
1,000,676,000
803,023,000
-197,653,000
1,000,510,000
904,524,000
>91
day Trfeas.
bills
91
day Treas.
bills
day Treas. bills
bds.
449,-120,928
.
-
f
Aug
900,467,000
*1.017
Aug
-1%
Aug
•
Depositary bonds—
5,402,500
Aug
'1
Tax Antic'n notes-
1,158,778,600
Total
for August
5,616,462,028
Total
for
5,599.446.000 100. M
a
7,914,500
7,914,500 100
1,095,887,400
1,095,807,400 100
*.
»
2
I
a
- "C
/
*
j
S;, Savings
1
95,986,000
449,{120,928 {
5,402,500
1,158,778,600:
J
'
Co.\3Vs%
Power
debentures,
:
;
i
;
3,409,865,000
2,206,597,028
eight months— 61,247,516,655 52,353,660,000
8,893,856,655
due
Fidelity-Philadelphia Trust Co., through The First Boston
$34,560,000
1
:
'
%
■
«
-\
;
'
!
I'D .JlLI
"Represents issues placed
t Indicates
issues
privately.
sold competitively.
(Continued
on
page
6)
101,211,000
July—
*0.928
99 743
&
1,Q95,807,400
9,202,856 000
for
92
Total
99.734.+ "1.052
10.817,119.544
Electric
;
:
510,541,644
>
Purpose, retire bank loans, new construction. Price,
privately to New York Life Insurance Co. and
100V2.!Sold
510,541,644
—„
Yield
901,722,\)00 99.766
.
Meeds.
:
1
July
Price
900.684,000
1,799,471,000
91 days
12 years
]
July
;
900,537,000
1,696,622,000
91 days
1 year
indebt
&
r
44,813.935,083
July 21
10-12 yrs.
of
•
% *4,000,000'Savan-nah
—
-Corp.
$
$
July
;
Amount
Accepted
Applied for y
July 14
July 1-31 July 1
Accepted
Treas.
months
July 1-31 July
;
(lay
six
1
,
j
day
Amount
July
;
Security
•'.■
due
pri¬
Life Insurance Co., Connecticut Genera!
Co., and Connecticut Mutual Life Tnsurance
Aetna
500,000 Lcx/ngton
capital
91
STATES TREASURY FINANCING
July 1-31 July 1
to
Battles &
Power Co. 3%
30-year debentures,
Purpose, finance construction.
Sold
Water
1979.
Life Insurance
*
'>
.New
,v;
-t
& Co., Inc.; E. H. Rollins &. Sons, Inc.;
Inc., and Warren W. York & Co.
^
I
91
Bills,
7
-
FUNDS
Total Amount
;
>
,
*5,000,000 Holyoke
.
Sept.
1,
per annum.
,
July 14
Due
July
lings
Co.,
1.07%.
11, 1949 these notes are sold at par and accrued interest
July 21
Dated
for
about
31, 1948. c Treasury notes
usual weekly sale
8
Total
C earnings
Department in August, outside of the
July 15
June 20
<j
interest.
,
D
USE
{
July 22
Aug.
day
:
July
on
91
Depositary Bonds.
UNITED
June 28
Series
C-1950.
7
Date
for
series
interest.
City Telephone Co. first mortgage, 3V2% series A
due May 1, 1969.
Purpose, finance expansion proSold privately.
,
.
?
'
;•
^
outstanding $1,292,443,600 of these bonds.
Treasury
Treasury
Total
and yield 2.53%
and
100. and bear 2'/2%
%
outstanding 2% Treasury bonds of 1949-51, dated
now
Co., arid' Thomas & Co.
gram..
...
Notes and
Offered
and
Type of
above, confined its operations to the
of
at
,from,the f)r$t.day of. the month in which purchased..
Secretary of the Treasury announced on May 13
are
sold
discontinued
was
Dec.
on
at -74,
and
140,000 Engineers Waterworks Corp. 5% debentures, series C, due
July J., 1971.
Purpose, expenses of financing payment of
$50,000 loan, purchase of additional. securities of utility
V;. .companies.! Price, >90 and interest. Offered "by C. C. Col-
issuds designated Treasury notes of tas; series
C-1S49
C-1948,
Effective Aug.
May 15, 1942, are. called for redemption on Sept. 45, 1949.
There
basis,
maturity, are
of 'these bonds
15, 1949.
that all
discount
a
of separate
If held to maturity of 3 years interest
Oct. 1, 1949; and .that a Treasury
note would be offered in connection with the refunding
bonds
61,247,516,655
,
C-1947,
tificates maturing on
Treasury
on
12-year
a
b Comprised
of
the
sold
are
have
.
Secretary Snyder said on Aug. 22 that a new certifi¬
cate of indebtedness would be offered to refund the cer¬
of
—
rey
bonds;
an
on
months
rate
exchange basis, par for par,
in authorized denominations, to holders of 2% Treasury
Bonds of 1949-51 (dated May 15, 1942), called for re¬
demption on Sept. 15, 1949, in the amount of $1,292,443,600. Cash subscriptions will not be received. The results
of this offering will appear in these columns next month.
open
eight
K
101
Price,
program.
by Halsey, Stuart & Co. Inc.; Dempsey & Co.;
Marshall; Mullaney, Wells & Co.; Otis & Co.;
Writer & Christpnsen, Inc.; The Robinson-Humph-
&
*820,000 Capital
"Average rate on a bank discount basis.,
a Comprised of three sepa¬
series, of which series E have 10-vear maturity, are syld on a
discount basis at 75, and yield 2.90% : series F have a 12-year maturity,
Banks, of 1%% Treasury Certificates of indebtedness of
Series G-1950,
construction
financd
c
■;
of
;
,
Foster
110,450 of the 2V2% bonds.
Secretary
;
?7,000,000 California Oregon Power Co. first mortgage bonds, 27/8%
.series, due Aug. 1, 1979. Purpose, repay promissory notes,
r
I
1,158,778,600 {1,158,778,600 100
vestors.
a
In the comprehensive tables on the fol¬
lowing pages we compare the August and
eight months': figures with those for the
corresponding periods^ in the four years
"preceding, thus
comparison.
affording
a
five
year
6,
05
ho
*1
Total
$
361,480 68,~ 5"6 15,461538
Refundi g 297,305 4 36,14 560 4,815,843
38,267 43 20,6 0 7,358,0
~-
.
Capital
64,17.60 32,"718,40 1,645 9
$
New
Total
$
•-
20,63480 35,0 0 59,176250 152,8 092 4,750, 0
Total
S
27,61 82 14,735680 3,59,316
Capit l 3,250, 0 6,234,0 1,50,0 125,0 0 27,6150 425,00 10, 0
Total
270,184 4,50 18,42739
Refundi g 7,357O6
-1947 105, 86407
12,461 07 40,3750 2,946,024
$
$
35,0 0 35,0 0 2,17,308 18,9281 47,654 8 30 ,0 0
23,50 0 136,4028 10,367250 1,20,0 26,09 0 25,0 ,0 6,12,78 23,6750
8,2 4,06
156,129
FYIEVARS btPRoASuqna$ied1cw2nrs,0h.efy
New
Total $ 197, 5 0
,i
•7,3608 3.59,316
25,0 0
$
38,569 7 25,7 964
Refundi g 2,09,0
2,09 ,0
12,750 49,81304
-1948
Refundi g
$
70,350 15,"7250 39,07160
90,0 0
$
8,1 8,50 94,0 0
Capit l 62,850 14^87250 38.73,10
16,50 1 6,0 0 174,35 16 12,0 0 308,5026
$
New
624,0
195,0 0 10,7 0 308,49750
notes
and
1,284,06
'114075,5,3086247
60 ,0
6,870, 0 650, 0
-1949 Refundi g
$
ACHANRCDTE Capitl
New
13795,0 3,910 1,80,0 12,450 "760, 0
60 ,0
5,4 3,940
158,0
750, 0
7,3 5,0
375.0
7,8 0,930 1, 90, 0
18,094 6 23,50 0 14,68 6 10,367250 1,20 , 0 3,960 3 26,190 6,12,78
375,0 0
7,8 0,930 1, 90, 0
10,79 6 23,50 0 45,81 6 10,36250 1,20,0 26,89 430 26,190 950, 0 23,89 71
4,134,689 64,295 41 38. 30. 0 78, 9527 30,5 0, 0 8.5 67 6 42,86 .07 31,29 0 2, 75,0
70,350
46,23420
8 5,0 0 718,690
30 ,0
298,50
62,85 0
45,93420
8 5,0 0 420,190
130478.5,269
2,09 ,0 rc-
^
■
28,34689
6,012,0 385,0 54,2 1 0 20, 650 80, 3420 1,80 , 0 13, 50 718,690 70 , 0 6,012,0 985,0
"
598,50
6,870, 0 950, 0
298.50
259,36041
124,691,0
8,1 8,50
6,012,0 385,0 53,645 10 13,950 79,853420 1,80 , 0 13, 50 420,190 70 ,0 6,012,0 985,0
<
fuobntaidesreig, manufctrig- hoeldtcin.g, manufctrig- hoeldtcin.g, manufctrig hoeldticng., manufctrig hoeldticng.,
3160477,2,532898
12720,4,618074
158,2047
28,34689 261,45091
2,6 0,6 0
4,134,689 64,295 41 38, 0 78,9527 30,5 0 6,5 076 42,7607 31,29 0 275,0 0
28,64527 2,50, 0 2,96 07 6,29,0
13476,82
24750
9,205 0 7,062,50 5,62,78 2^531*. 29
90,0 0
7,520, 0
20,650 34,560 1,80,0 12,450 "70b~,60
40 ,0 0
18,2 051
3,250, 0 8,405,308 1,50 , 0 143,8927 1 75,269.458 30 ,0 0 425,0 0 242,60
197,50
$
$
89,246824
2,09 ,0
2,0 76
275,0 0
Capitl 38, 0 50,1 0 30,5 0 6,30 0 19,80 25,0 0 24,0 0 195,06 0
Total
242^60
28,645,275 2, 50, 0 2 ,96 ,07 6,29 , 0
New
124,6910 10, 0 195,0 174,981 6 t2,70 617,35 26
Refundi g 7,520, 0 "To 'o o 298,50
23,5187
38, 0. 50,1 0 30,5 0 67367 6 19,0 0 25,0 0 2, 75,0 24,0 0
$
$
SOUMFARY
Totai
259,360941 50, 0 35,20 236,97 43 681, 084
New
-1949
.
174,6530
Capit l 195,06 38,5697 25,7 964
$
Total
New
261,450941 50, 0 158,07 0 286,793047
$
-1948
Cap.t l $ 23,50 0 4.197,80 10,36250 1,20,0 19.027,50 25,0 0 950,0
8,4 0, 0 185,4 295
158,20417
5,4 3,940 53,4962 1 7,90 , 0 7-2,89107
7,0 ,0
7,062,50 56 27 8
-1947 Refundi g 92, 0576
2517,4680
85613,554021,37,298,9827436
OGNCIROSTREUPUNPHFWIIAEED
CFGFOLOOARVRPEERNIGMANTDT,,
Capitl 12,530421
$
40 ,0 0
35,9607 1,716,251
New
367,2081
25,0 ,0
25,3840
51,2608
$
1589,34365261007.,829
SbSftFramaGteoShuonIvgBfidnRctDpeerycladmosveysslirlu.pkmdnt FTMOAFUHYGNIEERVSR
FMITNUMOAAHFCUPGRELSR Total
16,92 352 43,64135 10,24 0 4,3 .710 2,570, 0 3.6O 76 65,71 21 3,09,452 1, 50, 0 17,48 512
2.09,12 1,789,452
19,701
35,0 0 35,0 0 38,10738 18.92,81 59,370 9 30 ,0 0 "642760 94,60764 21,0432 1,50 81,296378 1,50,0 143,8927 1 93, 1509 30 ,0 0 425,0 0 642,60 139,70 64
1,50 43,1890 1,50 , 0 125,0 7 0 34,02 80 42570 10, 0
Refundi g 7,90 , 0 36,95 0 6,405,80
16,28 70 40,962403 75,0 0 109.835,0 56,0 82 13,96051 63,750
2,546,210
297,3054
$
-1946
64,207 83 1,0 ,0
Capit l 174,20 35,0 0 16,74 250 14,76381
$
361,480
10,7 .0 4,62,082 9,368,051
~
472,3891
New
1, 50, 0 5 8,160 64,17 60
New
3,19762 84,326538 85,240 14,79.210 58,62 082 3,0(76 79,62 17 6,789452 1, 50, 0 37,19 62
■
Capit l 10.24,0 1,79,50 2,570, 0 3,0 ,0 43,6120 1,250, 0
$
684,291
104,75 061 20, 0 32,90
$
13,246 10 4,62,082 31,46712 1,789,452
3,4 1,840
$
20, 0, 0 32,90 64,892074 1,0 ,0
Refundi g 46,5108 42,376 1,06421 4,750, 0
85,240 10,93 0 54,0 0 3,0 76 48,160, 0 65,0 0 1,50, 0 4,0 ,0
v-•;
Refundi g 75,0 .0 9,135 0 51,430 4,5 8,0 63,750
-1945
37,201523
107,541795
$
-1946
S
45,8093
$
-1945
Total
20,6 0 4,560 23
16,50 61
AUGST bonds —- stock bonanodte-dss — stock stock foreign- boannodtedss stoc—k stoc_k corpate toal fidIgnnucrloouedste OFAUGST BNooatneds-s
Corp ate— Comstockn
Short-em GovernmtInBteraanionklforgeoviegrnmntLGoaoaagnvndci,esMSu&ntaicpteals.,,SPotaseeisn $1a0,7nd utiles sccetooeptall,.,r,Equmiapnmufent aacnesdori induasntrdl ± bueildtncgs, Inttvrreaustdmsinng,,Miscelanous SBhNooortat-neTneds-dms utiles sccetooetpal.l,,r,Equmiapnumfent aacensodri indausntrdl bue1ildtncgs, inttvrreaustdmsinng,,Miscelanous utiles sccetootepa.—ll,,r,manufces anodri Induasntridl bueildtncgs, Inttvrreuastdmsinng,,Miscelanous ; , utiles sccetooetpall-,,E,qumiapnumfectnrtes anodi induastnridl bueildtncgs, Inttvrreuastmdsinng,,Miscelanous csoerpcuriatte.
OF
MONTH
Domestic— Long-term Short-em Pref red Candi — Long-term Short-em Pref red Com on Other Long-term Pref redCom on
,
.
Total
Can dian
Grand •These
§
Other Farm United
•
capital
MONTH
Long-Term Railroads Public
:
Iron, Motors Other Land, Rub er Ship ing
Oil
Total
Railroads
Total
Public Iron, Motors Other Land, Rub er Ship ing
Stocks
Railroads Public Iron,Equipment Motors Other
Total
oil
Land, Rub er
Ship ing
Total-
Railroads Public Iron,
Motors Other Land, Rub er Ship ing
Oil
Total
to
$
:
90 ,0
2,7480162
3,56402
2,84065 J17.3860 579,80 145,89 4,732,36760901
1.■
Refundi g 2,4179052 4,0 0 35,9083 7,36 05 25,0 0
17,3860 53,8 0 26,3 50
$
1945—
Total
v
5,0 ,0
7
$
.
914,2075 1,047530 19,20
3,0 :6 35,0712 159,0 3,57,0 35,0 0 l6,3~82:6 54.10 0
80,30
4,0 0 81,49201 7,916082 5,06:6 391,62 08 96,28 452 14,8~50:926
2,7301462
Refundi g 824,9075 186,930 20,5 72 129,750 3,215,0 26,509720 4,~3 2:6 30,128560
1,03652 0
149,~75:
4,0
80,30
4,0 0 69,7 230 6,4 02 ~237:56 154,6 91 61,4 905 6,50:6 53,905:92
4,0 0
$
1948
2,4 79052
914,3780 1,7294501 19, 6082 8.0 :5 746,280 25,89452 3,57,0 49,850926 15.382:5 203,8594
23T50
825,078 1,504673 193, 402 35,16.9 19, 1905 3,215,0 3,09720 4,3~ 20 84,03152
734539,02,79188324
t
YEARS
90 ,0
*
Capit l 30,2 568 275,8:62 17,0526
s
FIVE
New
126,950
90 ,0
7,50 , 0 7,942,50
7,50 , 0
126,950
90 ,0
3FA3EMOUFIDIGNHGOAH.CEG1146947TRoCNeTfatRuaopneidftluwngdl^i*gSVS-'•■84482,316,0541902594058,2362170,55073681193
5, 0 , 0
1,70 , 0
FARM
4,86532
2,654390
20, 0 51,470 138,52 91
1,8326 7
79,80 642,719643
10 ,50
7,841,0
39 ,0
521,50
YEARS
Total
5,38,328471590
1,20 0
56,0 0
Refundi g 20,35279 6,239405 5,19,187
4,0 67,9 150, 0 816, 0 2,0659,1
52,130 69,492
56,0 0
F3AEIONVUD1EGR.
30, 0
2,169750
Total
$
.
604,380 1,368 14 70,1562 246,5~8"60 1,03746 2 62,031 20,8650 53,70430 1,021,801 28,06173 462,031459
1,634785
812,718
52,14 03 569,8 0 1,063572 30,6250 384,6178 527,4327 8,3590 3,21957 1750,25 53,8924
2,719,57 2,69725 30,9 862
1,08326 34,50 273,51609 39,5062 245,7 842 652,84 7 98,5673 1,7250 50.48,3 1,02801 16,5012 408,13970
20 ,0 0
89,6185
59,67 0 63,9250 32,719 18,70 2 43,21653 37,58 67 3,20,0 2,06:0 89,0510 917,081 173. 0, 1,870.592 27,0 0 10.36,250 43,210 2 971,8697 139, 67 56,41 0 65,0 0 2,0 0 278.45,10
3,05,0 3,25,0
708,930
197,"02:7 28,90385
703.130
10,628317 237,4 09 24,30 87,9852 3,0 0 13,0568 3,9450 01,0 25,0 0 17,42.3
44
6,2154730897GboDenfvRadlcpsm.trui 3,527648091,360422,15'33,8789916740
TFSHOAE1947—ReCfuanpditgl 314869527,01.3653,0 678 4,091225..'—
"
— Capit l
New
Total
ONGREOUFWPING
$
$
56,40 60,9 0 12S:705 18,70 2 41,32768 37,5867 3,20 0 1,291,07 78,36783 679,462 148,70 91,72 27,0 0 10,36250 40,21 0 83,4097 165,38 7 12,40. 40, 0 *291.07 261,03 8
4,05 0
1
10,80
253,67923 10,738 0 2,50, 0 174,208 31 48,07 4 10, 0 96,832961 69,526 9 405,67 0 1,7340,67 7,38 0 13,60 18,50 817,92 31 47,10 4 34,12380 14,30 0 35,0 0 10, 0 39,67291
1,60 , 0 1,70 , 0
295,40
-PTIUCSNONHRITUEEADTE 1948. TNReoefutnwadilgj$"•-:}-'YKj44025,.679.,0 178943129 667,.500, 13 *60.. 1483,,7927150 298 3148,,156300 35,0.—
4,70 36
16,570 20,35279
36,47.0 1,4 60271 60,5 .0 13,60 16,30 0 624,8350 27, 50 15, 0 14,30 35,0 0 278,60 3,140 621
37,9260 1,6053426 7,90 0 6,39,0 1,80,0 564,30 384,0 39,720 45,60 C0 167,4250(
~
150, 0
5,625,0
3,2684
GFOOCVERRENPIMGNATT,,1931CNTaReoCpNifa;twup-nelditwgl$$~.■3,027163948,,9218755"=70•;6 — — 30,notes— - 136,,74852890— 6.0,-J'~c1n—0586,490agencis— 086,02581,519754,302433FfhrSmgutulycaysdIBntiUSteharManpQcioPueokrnesodlbv.bdinfccs S35,192046- ,390l856,7ma4nufctrig 310 ■-45,6 3,1587 Notes- . manufctrig heoltdcin.g,
02431,79-, 72&21 NC3aAepUitGw1lST heoltdc—in.g,120
1,250 8,329,26 8,150
-194 Refundi g 20,7340 60,92370
5,625,0
105, 26
175,0
42,7160 24, 570 14,36 2 1,36 740
5,7 0
4 ",474 4 ,474
15,60 14,986 2
$
1,430592 42, 90 83,21 865 6,50,0 24,9049 21,075 0 18,5630 17,6 51
10,80
15248,93 01 0,738 0 2,50 168, 491 143,8074 10, 0 96,23 45 685,09 7
1,60 0 1,70 0
10 ,6
596,516
6^093,40
36,470 1,690872 71.238,0 13,60 18,50 792,38.741 426,03 4 15,608 14,30 35,0 0 10, 0
•
<
ACHNARDTE
OSUMFARY
89,30 2,538 1 5,72,08 7/62^50 391,46 51 64,09754 360, 0 16,841206 e^Tol 19,82579
20 ,0 0
173, 0 1,5469 850 27,0 0 10,36250 24,50 0 524,63084 13,750 53,21 0 65,0 0 129,750 2,6819034
126,0 85 1,796450
10, 0 16,0 0 72,635.0 1,84526 0 2,70 0
812,718
290,7561 5,620 18,0239 10,9750
2,14,0
35,07 0 36,01 0 84,05923 20,53 62 108,245 52,3 92 26,18 0 6,502,50 9,53 93 1,02 801 9,60 12 297,30497
New
3,758,15
3,750, 0
3,91840
50,0 0
2,064,0
Capitl 34,50 18,75640 19,0 0 137,50 127,0 942 72,3157 5,25,0 40,9 50 6,90.0 75, 9873 708,2194
EIGHT
40 ,0 0
3,8269 08 150, 0 294,05. 1,9364527
.
$
MONTHS
4,150, 0
213,7581
1,20 0
604,380 95,480 4,0 0 137,50 30,6580 589,0 13,5840 41, 50 16,320 98,6250 2,83560
R1_946 efundig 569,850 70,2 594 25,0 0 203,5948 516,7842 8,359,0 50 ,0 9,23 0 2,90267
35,12 0 38,1250 374,8 14 26,15 62 109,58:60 76,3582 37,10 6,502,50 12,59 30 1,021,801 1,92 73 328,4395
2,50 , 0
$
$
2,5 31809
25,0 0 l6r2~73497 2,53689174 82,10 250, 0 30. ,0 17,50 1,63728 1 23,0 0
S
-15)48
1,04579 1
New
83,0 0 2G6,790 34,6941 29,0 0
1,30249
1,5 81 1,45208 4,762:506 236,95163 34,8754 8,350:926 95,84:357
$
25,0 0 l5j73:i7 3,671235 82,1 0 250, 0 13,0 384,50 1,678 26 52,0 0
39 ,0
Capitl 89,30 1,0250 4,270, 0 3,0b:60 154,06348 29,50 360,0 #490,280 6,056:0 23,«97140 30.2 ,568
20, 0 59,40 781,24 3
4,978,50
3S'$• ,2605,09
MAUNNICPDAL CTNaopeittwall 13,7,2075935410 432612,7,09805134,30955
LOAN
723,958 2
26.05, 0 290,813. 9 5,oqi,o
.376,504
;■ 4,0 0 25,0 0
61,9405 134, 5827
Total
20,4 0
~
4 7. 50 298,50
"
40,31.60 24, 570 140.95712 1,065240
5,730526
64,3082 37,9260 2,0357 864 102. 5,70 6,390 1,80,0 705,2346 385,76 40 39,850 45,~7CO!6 7,51,350 214,39 68
0 0 7,51 ,350 46,819 68
Yob:
175,0 10 ,0 7,51 ,350
28L250 21,4750 20,7340 81.32,70 1,250 8,76,976 298,50 8,150, 0
15,2 74
46,53871 624,87320
35,1920476 5,39018 64,352017 45,0713964 136,475882900
AEUNGDST Doim-erst>c"vbnoaontedsds PrsetfockdCosmtockn bnoaonteddss — stock stock boanndds stock stock corpate— GovernmtBIanternakiolfogorveernmigtnGavnd,'^♦Mcunitpael—sS,PoStanes indcfnliugduoresthobeligafns EMNODNTHSNoBtesoa—nds utileseccotpo.arl,,manufces orie inadunstdrl - beuiltdcngs, trtarudisng,, ■Miscelanou BSohaonrtd-Tesm utileseccotopa.rl,,manuf acesori inadunstrdl beuiltdcngs, trtarduisng,, utileseccotpoal,,manufctres oi minaanduufncsttrrdigl beuiltdcngs, ihterotaltrdcuins.g,, - utileseccotpo.al,,manufctres -—oi imnadanuufnscttrdrigl beuiltdcngs, hterotarltducins.g,, seccourrpitate
Total
,-V
MONTHS Corpate— Long-term Short-em Candi— Long-term Short-em Pref d Com on foreign Long-term Short-em Pref red Com on
.
8
'
V"
'■
Other
Can dian
§
Loan
Other Farm
toal •Thes tlncudes
Grand
"United
8
?Y
Long-Term Railrods Public Ir§o,ten,l, Equipment Maontodrs
Other Land, Rub er
sOil
Ship ng
.Investm
Total
o...
Railrods
ste l, Equipment and
Public jron, Motors Other Land, Rub er Ship ng
Oil
Investmn Miscelanou
Total
Stocks-
Railrods Publictron,tse l, Equipment Maontdrs Other
Oil
Land,
Ship ng Investmn
Miscelanou
Total
otal—
T
Railrods Public Irsoten,l, Equipment Maontodrs Other
Oil
Land,
Ship ng Investmn
Miscelanou
Total
6
(1186)
THE
COMMERCIAL
(Continued from page 3)
$300,000 Automotive
Ohio
1,
Aug.
additional
»/
1964.
Price,
capital.
working
Offered
par.
The
Co.
•1,500,000 Indian
Co.;
&
W.
&
Co.;
Clark &
$8,000,000 Food
Machinery
debentures,
aue
100.76
2%%
Corp.
&
Chemical
Aug. 15, 1969.
Price,
purposes.
Booker
Co.;
Offered
Kidder,
by
due
stituent
12-year
«
working capital.
company,
3%
Offered
sinking
by
V
note, due
Purpose, acquire new plant machinery,
Sold privately to New York Life Insurance
working funds.
fund
-Y'ivY
ETC.
* ! !*'%;:%
'
LAND,
$700,000 Roman
BUILDINGS,
Catholic
Bishop
by
■
%>V..
&
loan,
Co.;
.;
due
computed
stated par
a
the.r
at
taken at
are
of
W.
&
Co.,
Co.,
stock
&
are
f
;
•
underwriters
writers:
and
reoffered
at
Water
Co.
$100).
4,000
Purpose,
bf
working
4%%
capital.
preferred
Sold
institutional investors.
5,812,500 California
v
A.
Oregon
stock
(par $20).
$23.25 per share.
Boston Corp.;
Kidder,
Power
Co.
Purpose,
(
6
privately
250,000
of
Dean Witter & Co.;
M.
S.
&
common
Wi,
Shields
&
Eastman, Dillon & Co.;
Pierce, Fentidr &
S.
F.
Webster
&
>
Purpose,
•!
finance
pose,
share.
construction
Offered
Capital
City
preferred
by
E
program.
Witter
&
Price,
and
share.
per
Offered
for
$26.40
stock
(par
$11
per
Inc.;
Inc.,
and
$4).
pose,
fered
County
Offered
&
200,000
per
by
Rauscher,
Pierce
Friedrichs & Co.; Weil
&
Co.,
;'-;-!:%%YY:':!y%
&
Telegraph Co. 4,500 shares of
preferred stock, series B (par $25).
Pur¬
improvements.
Price, $25 per share.
Of¬
Utilities
of
80,000 shares of
series cumulative preferred stock
(par $30).
Pur¬
finance construction program and
repay loans. Price
pev
share
and
div.
Offered
by The First Boston
Corp.; W. C. Langley & Co.; A. C.
Allyn & Co., Inc.;
A.
G. Becker & Co.,
Inc.; Central Republic Co. (Inc.)Glore, Forgan & Co.; Harris, Hall & Co.
(Inc.); Hemphill
Noyes &i Co.; The Milwaukee Co.;
Quail & Co.; Wheelock
& Cummins,
Inc.; Hanna-Kramer Co.;
Co.
•400,000 Lexington
Boenning
of
California, and
Water
(par $100),
institutional
4,791,680 Northern
Co.
stock
program.
S.
Strauss
shares
of
&
4%%
Purpose, working capital.
Public
(no
Service
par).
Price, $15,375
Co.
Purpose,
per
share.
Sold
Offered
tion
Mohawk
:
Co •
V
,
;
California
Co.;
Straus
Far wen,
Chapman
Maynard H. Murch
Inc.;
Pacific
Doyle
City
1
Offered
&
&
Co.,
Harris,
Inc.;
&
Co.;
Inc.;
Inc.,
The Ohio
Rogers
and
cumulative
loans,
Offered
Albert
finance
by Conrad,
(no
Co.,
Co.
1,500
(par $100).
construction.
Price
stock
Bruce
&
'
Co.
Telephone
par).
&
Purpose,
Co.
5,000
Co.;'
Davis
Purpose,
finance
Corp.
working
A
W.
by
100,000
of
Price,
ner
P
shares
75,000,000
shares
of
stock
unit
of
$50,000
6%
&
Securities
&
J.
Co.;
M.
*X
construction
'
com¬
pro¬
Scars.
of
capital
Frice,
$5
stockholders.
by
common
31,555,000
Dain
&
per
$1).
(par
Price,
$1
Price,
Co.;
Doolittle
du
Pont
&
Co.;
Co.;
Estabrook
&
A.
SI
per
unit
Richard
&
&
Co.;
Scherck,
Horner
Richter
and
Mason,
&
Co.;
Pacific
Curtis;
Peters,
Sons
Inc.;
Hutzler;
L.
F.
Gordon
Anthony & Co.; Union
Co.; Watling, Lerchen
Walker
&
White,
Dean
Weld
&
Co.;
Whiting,
Witter
&
Co.; Wood, Gundy
Co., and Yarnall & Co,
&
Government Agency
Banks
&
Issues
non-callab.c
1.25%
Banks
C—1950,
non-callable
dated
Sept.
refunding,
consoli-
Federal
l-35^h consolidated
1949, dU3 Sept.
15,
Price,
Offered by
and 0 nation¬
par.
agent,
.
Intermediate
dated
Credit
Sept.
refunding.
1,
Price,
Banks
1949,
1.35%
due".June
Offered
par.
by
consolidated
1,
M.
1950.
G.
Pur¬
Newcomb,
fiscal "agent.
York,
Representing New Financing
Securities
$100).
2,000
Co.
Price
shares
of
stock
common
(approximately )•,^ $3,240
First Boston Corp.,
per
share.
and
The
The
436,250
Clarke
Corp.;
Inc.;'
Homer
&
Price,
Fenner &
Kern
(par
$5).
S.
&
Co.,
per
Laird,
con¬
per
&
Security Associates;
Co.;
Land
Co.
Price,
Corp.
$19
80,000
of
Offered
Products
3.000 shares of
Offered
Co.
per
shares
of
10.000
$43%
by
share. v
common
Merrill
Lynch,
stock
common
Offered
by
Dean
Co.
Kingsport
S8
Press,
Inc.
share.
per
12,400
shares
Offered
Manufacturing
Ludlow
shares
share.
per
..
per share.
Beane.
Price,
&
Price,
par).
Rigginson
85,905
.
Co.
by
of. common
Kidder,
shares
4,853
$33.25
Peabody
of
share.
per
stock.
&
Co.
stock
common
Offered
by
Lee
Corp.;
MacFarlanc's
Candies
Price,
share.
$9
per
9,545
shares
Offered
by
of
stock.
common
Stephenson;
Leydecker
Co.
&
304,250 Middle
(no
&
Utilities
South
Price,
par).
Co.,
Co.
$16.50
3.500
per
shares
share.
of
stock
common
Offered
by
Blyth
Inc.
Co.;
810,700
Pacific
Scott,
Shields
&
Mining
Minnesota
of
stock'
common
Offered
&
Merrill
by
j 344,000 Pennsylvania
Blyth
2,623,500 Texas
(par
Read
Corp.;
W.
Stone
and
&
(no
&
&
Bag
par).
Manufacturing
(no
C.
$5).
•Represents
$24
privately,
offerings.
Co.
$43
shares
share.
per
&
8,000
Beane.
shares
share.
per
218.625
$12
&
Co..
Co.;
&
Securities Corp.;
Price,
icsues placed
11,000
$73%
Fenner
of
Offered
per
shares
share.
Inc.;
Lazard
The
of
com¬
Offered
First
Freres
by
Boston
&
Co.;
Union Securities Corp.,
& Co.
Co.
special
Corp.
Paper Corp.
$15,882,167
tindicates
Price,
Price,
Blyth
Langley
We!d
&
Pierce,
Manufacturing
$10).
Co.
Price,
par).
Lynch,
Inc.
Co.;
Webster
White,
Union
&
Transmission
Gas
Dillon,
2,064,000
(par
Co.,
&
stock
mon
Salt
stock
common
by
Northwest
Atherton
Cementing
$5).
'
Collins
Emery
Inc.;
$31
County
(no
Co.; Dewar
Francis
I.
Co.;
(par
Boston
International Ccllucotton
Clayton
Investment
Detmer
161,362
Offered
W.
Columbia
stock
First
Well
Pierce,
the
$16.25
$100,000.
Oil
stock
with
Burr,
Schirmer.
Inc.;
Ohio
&
&
Bros.
Tucker,
H.
Co.;
Loan
stock.
Perrm,
Co.;
Rollins
New York,, fiscal
of securities dealers
group
Price,
common
between
of
O'Connell
Pacific
Curtis;
H.
Evereth Smith,
by
99,200
Co.; Paine, Webber,
West & Winslow, Inc.; Piper,
Jaffray & Hopwood;; Rauscher, Pierce & Co., Inc.; Rey¬
nolds & Co.; E. H. Rollins & Sons Inc.; Rotan, Mosle and
Moreland; Rowles, Winston & Co.; Sanders & Newsom;
&
Co.;
Purpose,
1,520,000 Halliburton
Kidder & Co.; Kidder, Peabody &
Co.; Lee HigginCorp.; Lentz, Newton & Co.; A. Lepper & Co.; MasonHagan, Inc.; McDonnell & Co.; Merrill. Turben & Co.;
California;
The
Jackson
.
M.
of
E.
&
Home.Loan
Issues Not
son
Jackson
Co.;
(860,000 Crucible Steel Co. of America 8,600 shares of 5%
vertible
preferred
stock
(par $100),
Price, $58.25
share.'
Offered by Spencer Trask & Co.
share.
per
identified
Co.;. DuBosque. &
Homer
Laurence
series
series
(par
ETC.
Emanuel, Deetjen & Co.; F.
&
Co.; Clement A. Evans
Co.;
&
Salomon
Struthers
and
*$6,480,000 Christiana
Pur¬
Steele
&
Co.;
$195,055,000
share.
per
&
Co., Inc.;
& Co.;
The First Cleveland Corp.; First
Co.; Graham, Parsons & Co.; Hallgarten & Co.;
Hallowell, Sulzberger & Co.; Hettleman & Co.; Hirsch &
Co.; W. E. Hutton & Co.; Ingalls & Snyder; T. H. Jones
& Co.; Kay, Richards & Co.; Kebbon, McCormick
& Co.;
Fauset,
&
Inc.;
G,
Stubbs;
1950.
New
Southwest
'
Federal
pose,
.
varied
Co.; Davies & Mejia;
&
&
Home
common
stock
etc.
securities
Price,
Coffin
Collins
&
Schoellkopf, HUtt'on & Pomeroy, Inc.;
Co.;
Scott
&
Stringfellow;
C'has.
V/.
Wood,
debentures
93,000
in
$15.82
Inc.;
Corp.;
Julien
Rhoades
Webber.
Co.;
% Sold
privately by
Bissell & Meeds.
by, White, Weld & Co.; Adams, Mudge & Co.;
Ball, Burge
&
Kraus; J. Barth & Co.; Bingham,' Walter &
Hurry;
Bosworth, Sullivan & Co.; Alex. Brown &
Sons; Buckley
Securities Corp.; Caldwell Phillips Co.;
Chace, Whiteside,
Warren
ower
Company;
Co.;
notes,
wide
cumu¬
properties.
wells,
invest
to
Hornb
Illinois
,
B—1950,- dated Sept. 15, 1949, due
Sept. 15, 1J£0.
Purpose, reiur.ding.
Price, par.
Offered
by, Evereth Smith, New York,, fiscal agent, and a nation¬
wide selling group of securities dealers.
by
Co.
industry.
gas
Co.;
The
,
•
$6,012,000 Gas Industries Fund, Inc. 400,000 shares of
national
Loeb,
•
Newton
Co.;
Corp.;
&
dated
15,
Securities Corp.
TRUSTS, TRADING,
Purpose,
&
Inc.;
Trask
Inc.;
Witter
(par $1).
Si
•
Wceden
Co.;
notes,
Offered
par.
(par $3).
Purpose, re- '
capital.
Price, $3 her share.
Purpose, refunding.
by Luckhurst & Co., Inc.
INVESTMENT
'5%
shnrp
of
&
&
Co.;
'
$718,690
•
repay
Waldron
M.
&
&
Spencer
.
Co.
stock
oil
of
oil
Dick
Singer,
$88,500,000 Federal
The
Yeaman
first S'/a Vt. preferred
subscription
equip
&
M.
Paine,
&
Co.,
Farm Loan
working
Offered
John
shares.
Offered
Co.
shares
and
by
Morgan
Purpose,
for
172,690 shares
drill
class
of
Co
Riter
Securities
Co., Inc. 298,500 shares of class A stock
50c), with stock option warrants to purchase 149,250
(par
First
&
develop
Offered
Inc.
Offered
inc.
$98
shares
preferred
loans,
& Co.;
Sitearson, Hammiil & Co.; Shields &
Deane & Scribner; Smith,
Barney & Co.;
Wil.iam R. Staats Co.; Starkweather &
Co.; Stein Bros,
&
Boyce; Stern Brothers & Co.; Stillman, Maynard &
Co.; Stone & Webster Securities Corp.;
Stroud
& Co.,
Inc.; Swiss American Corp.; Taylor, Deale & Co., Inc.;
Co.;
298,500 Yancey-Harris
Company; Raffensperger, Hughes
Tracy, Inc.; Sills, Fairman &
Nicolaus
and
by The Fiqst Guardian
share.
172,690 Oil,
Cleveland
Corp!;
McGann Securities Co
Telephone
preferred
Oregon-Washington
stock
&
Stifel,
bank
stock.
Co.; Whiting, Weeks & Stubbs*'
&
Co., Inc.; Blunt Ellis &
Simmons!
Corp.; Julien Collins &
Co.; Harrison &
Indianapolis Bond and Share
Corp.; A
E.
150,000 Oregon-Washington
mon
Co.;
Northwest
H
Corp.
' cumulative
of
$3). ■' Purpose,
share.
$247,500 Mafacaibb Oil Exploration Corp. 49,500 shares
OConnor
Masten
bank
Blosser; Paul
Co.;
The
First
per
$885,000
Securities
Austin,
&
&
Products
convertible
duce
construction
for subscrip¬
&
shares
(par
$3
Valley Investing Co., Inc. and Security & Bond Co,
(111.)
;
privately
shares
Co.;
Schwabacher
"
300,000 Steger
by
stockholders.
Unsubscribed
shares
underwritten
by Central Republic Co. (Inc.);
Blyth & Co., Inc.; Merrill
Lynch, pierce, Fenner & Beane; A. C.
Allyn & Co.
Inc •
Hornbiower & Weeks; Paine.
Webber, Jackson & Curtis:
Robert W. Baird & Co.,
Inc.; A. G. Becker & Co.
inc.-'
Harris, Kail & Co. (Inc.); F. S.
Moseley
2,000
Carl
Co.; E.
&
Scrantcn
;
preferred
311,654
finance
&
Co.
investors.
Indiana
common
J.
4,000
100,000
stock
Price,
Securities
Co.
Day
MANUFACTURING
60,000 (The). Matheson Co., Inc. 3,000 shares of non-convertible
6% cumulative preferred stock (par $20) and 600 shares
5
of common stock (no par).
Purpose, erection of plant,
general corporate purposes.
Price, $100 per unit of five
shares of preferred and one common share.
Offered by
$30
to
McBec
L.
R.
Hirsch
Son;
Co.;
&
Purpose, working capital.
by Ray E, Hawk & Co.
Delaware
5%%
stock
(The)
pose,
Co.
&
Rothschild
by
OIL
pose,
Pacific
Guardian
&
Hutton
Christensen,
&
Co.,
&
Florida,Securities Corp.
Southern
Corp.
preferred
expansion.
E.
Corp.;
Saunders
customers.
AND
Co.;
Phelps, Fenn & Co.; Piper,
Jaffray & Hopwood; Prcscott, hawley, Shepard & Co.,
Inc.; R, W. Pressprich & Co.; Putnam & Co.; Reynolds
Pur¬
directly
Hihiard
W.
Writer
Co.;
stock.
Sold
&
Davis
Northwest
privately.
preferred
$4
facilities.
H.
& Co.;
Mason-Hagan, Inc.; A. E. Masten &
McDonald & Co.; McLeod. Young, Weir Inc.; McMasHutchinson
&
Co.;
Merrill
Lynch,
Pierce,
Fenner
Cook
-
Co.
new
(par $100).
common
program.
bv sfock.-
shares of common
improvements.
Price,
finance
of
Clark,
Merks
ter
stock.
improved type of light-weigh't air-cooled diesel engine.
Price, $50 per unit of 50 shares. Offered by Graham & Co.
,
27,000
Shober.
Telephone
propei ty
by
Inc.
Labouisse,
Woolfolk
cumulative
2,400,000 Iowa
Co.,
Purpose,
share.
Howard,
112,500 Inter
5%
Service
preferred
construction, i Sold
Telephone
INDUSTRIAL
lative
Public
5%
25,000 Diesel Power Co. 25,000 shares of common stock
(par $1),
Purpose general corporate purposes, principally to develop
i
'
subscription
Co.
Snerrerd;
Co.;
Beane; Merrill, Turben & Co.;
The
Milwaukee Co.;
Mcore, Leonard & Lynch; F. S. Moseley & Co.; Maynard
H. Murch & Co.;
W. H. Ncwbold's Son & Co.; Newhard,
'
Pur¬
Co.
holders,
297,000 Gulf
•First
cumula¬
$25).
605,760 Central Ohio Light & Power Co. 25,240 shares of
stock (par $10).
Purpose, finance construction
Price,- $24
Power
new
$300,000 Conditioned-Aire
Offered
stocks
and
&<
&
&
Weeks
&
B.
ginson
Co.;
Co.
OTHER
Co. 3,000 shares 4Va%
cumulative
$100).
Purpose, refunding.
Price,
for subscription to holders of old
residents of Missouri.
(par
Whiting,
J.
M.
New-
an
5.28%
(par
Co.;
&
Clark
W.
Inc.;
Weeks;
& Co., Inc;;
Smith, Barney
Wood, Struthers
Yarnall & Co,
•
f f
Co,;
J.
Paul
Co.;
Sons; Butcher &
E.
Anuerson;
Hallgarten & Co.; Harriman Ripley
Harris, Hail & Co. (Inc.); Hayden, Miller
Hayden, Stone & Co.; Hemphill, Noyes & Co.;
Co.,
Weeks
Telephone
ctcck
$100 per share.
preferred
Dean
shares
series
Co.,
&
&
(Inc.);
Janney & Co.; Kalman & Co., Inc/; Kean, Taylor & Co.;
Kebbon, McCormick & Co.; A. M. Kidder & Co.; Kidder,
Peabody & Co.; Kirkpatiick-Pettis Co.; Kuhn, Loeb <te Co.;
Laird, Bissell & Meeds; W. C. Langley & Co.; Lee Hig-
$46 243 420
<
.
60.000
Bogan
Paul
&
&
Merrill
Co.;
&
Co.;
Clark' &
Co.;
Farwell .Chapman - &
Co.;
Boston Corp.; First of Michigan Corp.;
Folger„
Inc.; Glore, Forgan & Co.;
Goldman,
Sachs
&i
Gooclboay & Co.; Graham, Parsons & Co.; Green,
&
Co.;
Paine,
Webber,
R. W. Pressprich &
Deane & Scribner;
Witter
cost
its
;to
company
convertible
stock,
&
Co.;
Watling, Lerchen
Valley
finance
pose,
capital,
Co.
Ncwbold's, Son
Cook
W.
Weeks
&
Whelen & Co.; Blair
& Co.;
Blunt Lilis & SimBoettcher &
Co.;
Bosworth,
Brown
Co.
Robert
Baker,
Stearns
Biddle,
Blair
Inc.;
Alex.
Co.;
Co.;
Bear,
Fahey,
Co.;
Smithers
finance
150,000 Warwick
•
& Co.; Crowcll,
Wecdon & Co.; McAndrew & Co!
Puine-Rice & Co.; Stephenson, Leydecker &
Co.;
Wagenseller
&
Durst,
Inc.;
Waldo
Hemphill
&
Co.;
Weedcn
&
Co.; Wilson, Johnson & Higglns; Holmes &
Sandman; H. Irving Lee & Co., and Pacific Coast Secur¬
Service
H.
Sheridan
Co.;
Electric
Inc.;
preferred
W.
Inc.;
Co.,
&
&
Co.;
First
Ellis
Co.,
Co.;
Bruce
Water
Co.;
Co.;
Watts
Nolan
,
\/
Co.;
tive convertible
&
Co.;
Co.;
Securities
&
•200,009 Savannah
Co.;
1,500,000 California
Patton
&
&
The
,& Co.; Stein Bros. & Boyce; Stone
Corp.; Stroud & Co.,'Inc.; Suplee,
Inc.; Thayer, Baker & Co.;' Thomas &•
Co.; Spencer Trask
&
Co.;
Tucker,
Anthony & Co.;
Underwood, Neuhaus & Co.; Union Securities Corp.; G. H.
Whiting, Weeks & Stubbs; Dailey & Davidson;
Boettcher and Company; William J. Collins &
Co.; Conrad,
107,500
&
Stubbs; Dean
Wurts, Dulles &
Hayden,; Miller & Co.; Hill Rich¬
Lundborg & Co.; Mason Brothers;
Raggio Reed & Co.; Atkinson, Jones
& Co.;
Biankenship, Gould & Blakely, Inc.; Campbell &
Robbins Inc.;
Wes.ey Hall & Co.; Handel, Lundborg &
Patten, Inc.; William D. James Co.; Lester & Co.; Sutro
i/
Co.;
Co.; Singer,
Yeatman
Walker
Co.
!
"
c)uPoi)t
Hornbiower &
McJunkin,
Newhard,
&
P.; Harper & Son & Co.;
ards
&
Co.;
Irving
...
&
Co.;
&
Co.;
&
(
Co.; Davis,
Co.; Walston;' Hoffman & Goodwin; Wulff,
Co.; Pacific Northwest Co.; William R. Staats
Co.; Brush, Slocumb & Co.; Mitchum, Tully & Co.; Pacific
Co. of California;
Bateman, Eichler & Co.; Davies &
Mejia;, Foster & Marshall;. Graham, Parsons & Co.; .Wm.
L
Co.;
.
Merle-Smith;
Dillon,
Read
&
Co.
Inc.;
Dominick
&
Dominck; The Dominion Securities Corp.; Drexel &*Co.;
Francis I. c'.uPont & Co.; Eastman, Dillon & Co.;
Elkins,
Morris & Cot;Equitable Securities Corp.; Estabrook &
,
Co.;
Noyes & Co.;
&
SCranton
&
ities
j
& Curtis;
Parrish &
Putnam & Co.; Reynolds & Co.; Riter & Co.; E. H.
& Sons Inc.; Salomon Bros, & Hutzler;
Schmidt;.
Poole & Co.; Schoellkopf. Hutton & Pomeroy, Inc.; Chas.
&
&
&
Pancoast;
l.
Co.
&
William
Biyth
Republic
&
•
Bodine;
&
&
Francis
Whipple
Leeds
Su.livan
Loeb, Rhoades & Co.; Laurence M. Marks & Co.;
Moseley
Hansen
300,000
Morris
Crouter
Bacon,
Baker,
Inc.;
Co.,
mons;:
■
&
Masten
fikaggs
&
;
Co.;
Inc.;
Central
Cunningham
Roberstan
Dominick;
..
.
'Dodge & Co.; Coffin & Burr, Inc.; Julien Collins & Co.;
Cooley & Company; Curtiss, House & Co.; J. M. Dain
Collings
C.
to
Uliered
GOVERNMENT
Bartow
Becker
G.
&
i
&
Co.
&
Harden,
A.
:■
Co.;
Peabody & Co.; Merrill Lynch,
Miller
&
Rollins
Beano; Smith, Barney & Co.; H. M. Byllesby & Co. (Inc.);
Central Republic Co.
(Inc.); First California Co.; E. M.
Adams & Co.; Elworthy
Co.; Schwabacher &
Revel
Dewar,
&
Jackson
to
repay promissory notes.
Price,
by Blyth & Co., Inc.; The First
Offered
Co.;
C.
K.
class
Purpose,
snare.
of
Bache
Baird
&
E.
F.
'
shares
&
Dominick
F.
path;
stock
Lynch, Pierce, Fenner & Beane; Moore, Leonard & Lynch;
;
stock
1
Co.;
Co.;
per
interest.
Allyn &
Blunt
S.
dividend).
$5
Harbour Commissioners oi Montreal, oaiance
general funds of the Government. Price, 100 V4
Offered by, Morgan
Stanley & Co.; A. C.
Co., Inc.; Aimsterit Brothers; A. E. Ames & Co.,
B. Ashpiant & Co.; Auchincloss, Parker & Red-
bonds
and
Whipple
Bacon,
minimum
convertible
$6,000,000
Co.;
Co.; Coffin, Betz &
Julien Collins & Co.;
DeHaven & Town send,
Hemphill,
burger
shares
000
Equitable Securities Corp.;
Co.; Fauset, Steele & Co.; The First Boston
Corp.; First Southwest Co.; Glore, Forgan & Co.; Glover
&
MacGregor, Inc.; Goodbody & Co.; Graham, Parsons
& Co.;
Green, Ellis & Anderson; Grubbs, seott & Co.,
Inc.; Hailowell, Sulzberger
& Co.; Harriman Ripley &
Co., Inc.;- Harris, Hall & Co. (Inc.); Hayden, Miller &
Carl
Under¬
Inc.; Johnston, Lemon &
Cassell & Co., Inc.; Marx
Mason-Hagen, Inc.; C. P.
Co.,'and White, Weld & Co.
(par
share.
per
-Scott, Horner & Mason,
Co.;
&
*400,000 Butler
$11
Redpath;
Price,
shares
capital.
CANADIAN
Weeks; W. E.
Co.; The
Illinois Co,; Janney & Co.; Jenks.
Kirkland & Co.; Kay, Richards & Co.; Kidder,
Peabody
&
Co.;
Laiid & Co.; Laird; Biss3ll''& Meeds;
W.
C
Langley & Co.; Lee Higginson Corp.; Lehman Brothers;
Natural
Gas
Co.
90,000 shares of
stock (par $1). Purpose, finance construction of
pipe line. Price, $9.60 per share. Offered for subscription
by stockholders. Unsubscribed (65,421) shares purchased
by
&
capital
Government of 26-year 2^4% bonds, dated Sept.
1949, due Sept. 1, 1'974.
Purpose, reiund $7o,u00,000
outstanding bonds of Canadian National Ry. and $19,000,-
Purpose,
common
(40c
60,000
of
company.
1,
and
divs.
shares 4'/2%
of
Corp.
shares
expansion.
by
$100,000,000 Canada,
Baird &
&
Elkins.
Hutton
common
i
&
Co.;
Co.;
$864,000 Alabama-Tennessee
.
Parker
&
Inc.;
Inc.;
E'stabrook
PUBLIC UTILITIES
'
Clark
Dixon
while pre¬
par,
common
prices.)
offering
'
,
value
value and all classes
par
no
shares
stock
working
10,000
business
directly
'
103.75
75.000
Co.
Purpose,
Acceptance
common
Inc.;
972,624
Co.
Blair & Co.;
Dempsey-Tegeler
STOCKS
ferred stocks of
W.
Whelen
E.
annually June .1, 1951-58 and $120,000 June 1,
1959.
Purpose, retire bank indebtedness.
Sold privately
to Inveetots Diversified Services, Inc.
(Preferred stocks of
Electric
Robert
William
$60,000
~
offered
as
Casualty
Offered
$335,000
foregoing).
Auchincloss,
Biddle,
&
subordinated
(see
Smith
'
Co., Inc.; Battles & Co., Inc.;
Bioren & Co.; Blair, & Co., Inc.;
Ellis & Simmons; Blyth & Co.,
Inc.;
Alex,
Brown
&
Sons;
Buckley Securities Corpr,
Butcher & Sherrerd; Chaplin & Co.; Clark, Dodge & Co.;
'}
r;x>v!'
W\')'o
Corp.
Price,
&
par).
Price,
by Sills; Fairman &c Harris.,.>•/
4V2%
of
Weeks
■
share.
increase
par).
Co.;
&
of
direct
Finance
A
&
Inc.
shares
cumulative).
par,
program
bankers
fame
stock
York & Co.
12,000
Fire
per
300,000 Colonial
Purpose, finance construction program.
Price,
$20 per share.
Oifered for subscription by stockholders
and employees.
Underwritten by Drexel & Co.; Morgan
Stanley &i Co.; A. C. Allyn & Co., Inc.; Geo. G. Appiegate
MISCELLANEOUS
&
Co.
Y."«-
(no
$8.50
.
,
•$600,000 State Loan
stock
Co.,
&
construction
(no
the
Diocese of
Steubenville,
obligation first collateral trust,
bunas, due. serially Oct. 1, 1949-April 1, 1964.- Purpose,
construction.
Price, 100-101 according to maturity.
Of¬
fered by B. C. Ziegler & Co.
-,
2 % % -3% '/c
Ohio,
Croutcr
& Co.; Parrish & Co.; Schmidt, Pooie & Co.;
Bogan Paul & Co., Inc.; Singer, Deane & Scrib-
19,452,480 Philadelphia
v:
\
■
Drass
finance
Co.
*
$12,450,000
H.
Offered
Ohio
The
& Townsend,
Wurts, Dulles & Co., and Warren W.
preferred
15-year
Co.
F.
DeHaven
'
Co.
•1,500,000 Mojud Hosiery
Sept.
1,
1964.
Blair
Inc.;
1,200,000 Pennsylvania Power & Light
series
preferred stock ($100
5%
first mortgage bonds,
purchase of stock of con¬
Purpose,
Co.,
Watling, Lerchen & Co.; Whiting,
Harold E. Wood & Co. and Zuckerman,
*
>
$85,000 Southern
Co. Inc.;
Boenning
Buckley Securities Corp.;
Claybaugh & Co.; Theron
Inc.;
Co.
MISCELLANEOUS
Suplee, Yeattnan & Co., Inc.; Thayer, Baker & Co.;
ner;
York.
Inc.
1961.
15,
Aug.
Sheridan,
notes. Purpose, repay indebted¬
Sold privately to Mutual Life In¬
capital.
New
Co.,
Products,
J.
Newburger
15-year 3%%
working
ness,
surance
750,000 Itnland
Brothers,
Sherierd;
&
& Co.;
Inc.;
Stubbs;
&
Fenner
& Co.;
Reynolds
Inc.; Elkins, Morris & Co.;
Graham, Parsons & Co.; Green, Ellis & Anderson; Janney
&
Co.; A. E. Masten & Co.;'Moore, Leonard & Lynch;
Bodine;
fund
Purpose, general corporate
interest.
and
sinking
&
Conrad
& Co.;
Ncwbold's Son
H.
W.
Durst,
&
Peabody
Lynch, Pierce,
Biddle, Whelen
Rollins & Sons Inc.; Stroud &
Auchincloss, Parker & Redpath;
H,
Co.;
D.
Peaoody & Co. and Mitchum, Tully & Co.
•2,200,000 Guin & Co.
'
Co.;
E.
&
Butcher
MANUFACTURING
AND
INDUSTRIAL
Co.; William R. Staats Co.; Starkweather & Co.; Stein.
Bros. &
Boyce; Harold S. Stewart & Co.; Sutro & Co.;
Spencer Trask & Co.; Tucker, Anthony & Co.; Underwood,
Neuhaus & Co.; Viecor,'Common, Dana & Co.;
Wagenseller
Offered by
Kidder,
Co.;
&
Merrill
Brothers;
Eastman, Dillon
&
$1,800,000
Drexel
Corp.;
Lehman
Yarnall
I
OTHER
Offered by Conrad, Bruce
103.75 and dhrs.
Price,
program.
Boston
Eeane;
E
Motocycle Co. subordinated convertible 4% deben¬
Purpose, finance sales, etc. Sold privately to Atlas
tures.
First
&
Corp.
Monday, September 26, 1949
Co.
construction
The
by
share.
per
CHRONICLE
7,500,000 Pennsylvania Power & Light Co. 75,000 sharer, of 4%%preferred stock ($100 par, cumulative).
Purpose, finance
15-year 4'/2% sinking fund deben¬
Purpose, repay notes payable,
Co.
Parts
due
tures,
ACCESSORIES
AND
Price, $21.50
gram
&
MOTORS
FINANCIAL
&
86.000
per
shares of
share.
common
Offered
by
stock
Shields
Volume
THE
Number 4841
170
i
control
of
Wolfson
E.
transaction
The
attorney for the
of
the
and
the
North
$2,189,160
company
his
R.
handed
group,
American
purchase
eight
Co.
price for
In June, Wolfson had made
Central
Power
Light
&
Co.
Lane, Space and
Co., Inc.
Merrill, Turben & Co.___
Offered
Securities
6,000
Baker,
Langley & Co._____
Paine, Webber, Jackson &
6,000
Bateman, Eicbler & Co.__
Shields
&
Bache
6.000
•
Co
&
Francis
duPont
at
Elkins, Morris & Co
Bail,
share and the common at $29.50 per share.
Merrill Lynch, Pierce, Fenner & Beane and R. S. Dickson
& Co., Inc., offered the preferred stock and a banking
group headed by these two firms offered the common.
The
per
ciates,
Stroud
outstanding
—V.
preferred
$5
'
Profit
&
Trust
Co.
<
PROGRAM
CONSTRUCTION
—
for
with
Carolina.
The
'
total
a
of
.
/
;
estimates
company
current
on
prices.
has
of
holders
affected
bank
two
a
Corp.
1949,
the
(As
"
June
of
bonds, 3%%
two-for-cne
1979
1958
stock,
preferred
$5
Common stock
(no
cum.
par)
!
par)
(no
^Unlimited,
the
series due
due 1952 to
notes,
_
earnings,
property,
by
except
Cost
Under
($20
of
be
exps.
and
Other
(net)
income
and
ductions
other
and
Other
selling
1947
Net
Other
25,339,837
$9,346,265
$6,454,488
$5,746,865
386
113,556
292,355
287,042
265,566
income
$9,633,306
$2,831,701
345,947
314,891
969,195
484,000
3,174,000
642,249
2,870,679
19,000
and
tax
$8,357,948
272,210
1,125,889
depletion-;.-,
and
123,507
Earned
in
,
per
taxes.
The
Balance
—
—
—__.
—
DIVIDENDS—Although
the
dates
for
dividend
charter
the
payments
on
$4,490,940
of
.
780,440
$3,710,500
during
two
1949, a
declared
payable on Oct. 1, 1949, to holders of record on Sept. 19, 1949.
Since Aug. 23,
1946, the date of distribution of the company's
common
stock by National Power & Light Co., the former holder of
all such stock, the company has regularly paid quarterly dividends on
at
the
rate
share.
On June 8,
dividend
Nov.
1.
of
>
company^
1949, to
electric utility operating in North Caro¬
lina
and
in
South
Carolina, where it is engaged primarily in the
business
cf
generation,
transmission, distribution and sale to the
public of electric energy both at retail and at wholesale.
Electric
energy is sold
to residential, rural, commercial, industrial and other
customers and also is sold to, purchased from and interchanged with
other utilities.
Company is also engaged in the rendering of trans¬
portation service through the operation of a motor coach system in
Raleigh, N. C.
Of the total operating revenues for the 12 months
ended June 30,
1949, approximately 98%
was derived from the sale
of-electric service and 2% from transportation service.
The
has
company
(incorporated
in
one
property, easements,
and
privileges
in
Walters
pany's
wholly-owned subsidiary, the Capitan Corp.
This corporation owns and holds certain
rights of way, water rights and other rights
along the Pigeon River below
Waterville) hydro-electric plant.
Tennessee,
(formerly
UNDERWRITERS'
PREFERRED STOCK
the
-
R.
S.
Lvnnch.
Dickson
&
Pierce,
Co.,
Fenner
Inc
&
Beane—
basis
RR. and $30,000
present owns 56%
stock.
Gas
Electric
&
Corp.
—
Expansion
its
to
the
of
issue
shares
Corp.,
additional
5,000
parent, Niagara Hudson Power
outstanding shares of Old
Forge
6,300
Niagara Hudson.
Thereupon,
Old
.
York
Power
and
Corp.
application
joint
a
would
Forge
V,
'
..
and
.
cubic
of
feet
New
York
Power
&
Light
with
the FPC seeking authori¬
facilities which would carry
pipeline
operate
natural
gas per day for dis¬
Oneida and. Herkimer Coun¬
• ;V / .'•••:
.'y.' / :
.V.
Madison,
State.
....
Ohio
who
RR.
was
J.
primarily
sale
by
bonds
mortgage
of
and
preferred stock
felectric
Sales Anticipated—
R.
to Central
atlent'on
,
,
Hudson's increase of more than
.
,
100%
the
railroad
since
/
bring natural
to
rapidly rising customer demand for its products, Central
Hudson will spend $27,000,000 on construction during the next four
years.
This
program
includes construction
of a 60,000 kilowatt
Point
on
of "25.000
water
quired
unit
the
for
new
River,
a
kilowatts
Grahamsville,
near
introduction
for
and
Completion
of
the
and
natural
Central Illinois Light
on-the
directors
on
/
•
The
now
stock,
payable Sept.
a
300,000
^8 to holders of record Sept.
shares
of
'
outstanding common
•
accordance
with
the
Commonwealth
dissolution
26,
the
at
Interstate
Newark,
Chief
been
nine-man
N.
are:
Md,,
board.
reconstituted
of Philadelphia,
Pa., President of
Vice-President of the Jersey Central.
Cheston
of
Penllyn
Park,
Pa.,
President
Reading
the
of
the
delphia Savings Fund Society and a member of the board of
the
New
Baltimore
V.
&
RR.
of
&
Realty
State
Racing
W.
Kress
C.
La
of
and
the
Verona,
N.
of
Newark,
N.
of
a
Vice-President
J.,
Phila¬
directors
Reading Co.
Peapack, N. J., Chairman
Corp. of New York, and
Commission.
of
Savings Institution
Frank
Ohio
Griffin
Security
Jersey
John
Com¬
J.
Executive
board was
Board
the
member
of
the
of
o£
the
Howard
J.
Hills, L. I., N. Y., senior partner
of La Grange & Co. of New York, a member of the New York Stock
Exchange, and a member of the Chicago Board of Trade.
Earl T. Moore/ newly-elected President of the railroad.
Fred N. Oliver of New York, N. Y., senior partner of Oliver and
Donnally, New York law firm; General Counsel of the National Asso¬
ciation of Mutual Savings Banks,
and a member of the board of
directors of the Chicago & North Western Ry, System.
William I. Woodcock, Jr.,
of Haverford, Pa., Vice-President and;
Counsel
the
At
Grange
Forest
of
of
the Reading Co.
meeting the board
also elected Arthur C. Tosh oi
and General Manager, and Judson
I., N. Y., as General Counsel.
Mr. Tosh joined the Jersey Central in 1947 as Chief Operating Officer,
while McLester joined the company on Sept. 5,. 1947, as Chief Lawspecial
WeStfield,
C.
N.
J.,
McLester,
Officer.
1
William
Treasurer
as
Jr.,
Vice-President
of
Great
Neck,
'
■
■
Kohler
of
New
Y., will, continue as Secretary and
post he has held since 1938.
York, N.
the company,
of
L.
a
);,."■ The board also announced that the next annual stockholders meeting
of the company
would be held on Dec. 5, 1949, and that It was
/expected new securities provided for in the plan of modification would
be ready for exchange for present securities of the company early in
October, a short time after the Jersey Central ends an almost tenyear
period of bankruptcy.
The board has appointed
the Irving
Trust Co, of
1 Wall Street, New York, N. Y., as its agent for the
exchange
securities.—V.
of
170,
p.
880.
Central Vermont Public Service
Corp.—Earnings—
1949
12 Months Ended June 30—
1948
$6,535,601
Net
operating income_____
Non-operating income (net)
5,110,359
$1,043,750
revenues
$5,921,945
5,491,851
Operating
$811,586
3,909
Gross
income
84?
$1,047,659
other deductions
Interest and
Provision
$812,433
324,021
—
for
income
taxes
316,856
—
and
special
charge
169,000
116,500
$554,638
$379,077
equivalent to estimated reduction in inc. taxes
Net
income
Preferred
Balance
—V.
170,
—
stock
dividend
after
p.
pfd.
r——
157,102
157,102
$397,536
$221,975
requirements-
stock
div. requirements—
881.
plan
Belt Co.
9 Months Ended
(& Subs.)- -Earnings—
1949
July 31—
profits on sales after deprec.
Selling, admin, and gen. exp. liess
Gross
inc.)
——
—
__
$7,485,542
1948
$8,075,967
1947
$5,989,726
Profit before
Prov.
for
est.
prov.
income
for
inc.
taxes
taxes
4,725,621
4,647,851
3,446,318
$2,759,921
$3,428,116
$2,543,408
—
1,250.000
1,466,000
1,076,700
$1,509,921
$1,962,116
486,775
486,775
$1,466,708
486,775
$3.10
$4.03
$3.01
.
stock of this company
by The Commonwealth & Southern Corp. will be
preferred stockholders of Commonwealth on Oct.
10,000
1947,
1,
the
.
dividend of 55 cents per share
held
the
to
Baltimore,
has
Brown
former
Hamilton
other
Co.—55-Cent Dividend—
Sept. 15 declared
"
20.000
members
the
cf
W.
a
Chain
.
1949.
common
construction of facilities re¬
into Central Hudson's gas
will give the company generating
83% of its electrical requirements against
880./;.
..
'
.-■
Nov.
its
of
Court
who
gas
program
capacity sufficient to supply
12% at present.—V. 170, p.
The
plant at Danskammer
system.
distribution
of
generating
steam
construction of a new hydroelectric plant
to be located at the outlet of the New York City
Hudson
tunnel
transmission
-
gas
meet
generating
holders,
Moore,
during the past two decades, Mr. Acker said the company
to its customers before the end of 1950.
This, he stated, will greatly increase gas sales and at the same time
substantially improve the earnings ol the company.
expects
Mr.
of
and
a
District
S.
President of the Baltimore &
and Chairman of the Board of the Reading Co.
Mr. White,
President of the Jersey Central from 1926 to 1933,"
serve
Revelle
and
U.
election
White
of
security
the
President
prepared to emerge from
financial plan of modification,
company
terms
railroad's
and
the
of
B.
the
as
1 under
the
Chairman
as
Oct.
on
by
to
held
was
Commission
Roy
Jersey—President, etc., Elected—•
of Westfield, N. J., on Sept. 8 was elected
meeting of the board of directors.
,J"
election
General
$33,703,600 necessary
its
sales
/
V
were
Sept.
the
on
,
com¬
No. of Shs.
Merrill
Proceeds
15
to
1
par
Rights
Acker, President, In a special company report mailed to
stockholders on Sept. 8, states that the company anticipates a con¬
tinued large increase in electric sales over the next several years.
Pointing out that use of electric power in the company's franchise
territory has increased 250%
during the past 20 years and 60% in
the 'past
five years, Mr. Acker said that a
projection of electric
production and sales trends indicates a 45%
expansion in electric
sales during the period through 1953.
A major factor in this forecast
is the
economic
stability of the company's territory, according to:
Mr. Acker.
■
"
>
Tennessee).
real
Electric
clearance.
would
Moore
William
for expansion, the corporation plans
capitalization during the years 1949 through 1952 by
many millions of dollars.
Some of this new capital ($6,146,000) will
be generated within the business, some of it ($2,011,000) has already
been obtained by sale of preferred stock.
Further capital requirements
will be
met" by sale of mortgage bonds,
additional preferred stock,
and
$6,000,000 debentures bonds
(convertible into common stock).
Latter will be offered in Autumn of this year.
The $19,546,600 to be
To
an
at
and New York Central
Terminals Corp., which at
Hudson
obtain
increase
in gas
hplders of record on Oct. 10, 1949.
BUSINESS—Company is
T.
Officer
734.
Completed—
Calling
1949,
cents per
50
p.
RR.
&
Large, Increase in
share on the common stock, was declared,
which was paid Aug. 1,
1949; and on Sept. 14, 1949, a dividend of
50
cents per share on the common stock
was declared payable on
a
170,
Co.—Stockholders'
given the right to sub¬
15, inclusive, to 115,839
of one new share for
will be used to pay $75,000 mortgage
Aug.
Sept.
.$1)
Central
Warehouse
to
Ernest
1,
1949; and on Sept. 14,
the $5 preferred stock was
of 50 cents per
$4.76
outstanding.—V.
record
period
(par
shares held.
Michigan
To
$3,222,728
the company does not fix
the 35 preferred stock,
the
of
has adopted a policy of paying dividends quarterly and it
regularly paid dividends on its $5 preferred stock.
On June 8,
1949. a dividend of $1.25 per share on the $5 preferred stock was
stock
$5.33
will be raised during the next three years.
has
its-common
Central
by
New
filed
special
a
Prior
$4,507,963
$0.76
Warehouse
of
the
shares
provided
company
declared, which was paid July
div;idend of $1.25 per share on
Detroit
Central
7
$4,003,168
780,440
period
shares
905,472
stockholders
scribe
1,783,548
$301,742
$5,020,657
share____
common
on
common
$5,786,716
2,077,104
the
Corp.—Merger Approved—
proposed merger of Old Forge
Central.
construct
New
Brady
to
$6,568,044
for
to
approved
64,847
surtax
$887,921
Central
39,851
,152,680
$405,453
the
received SEC
stock
held
Central
The
$8,092,382
income
note
$454,422
stock
preferred
to
in
Power
in
have
all
into
have
Earl
$2,539,346
normal
''Based
de¬
income
applic,
for
stock
bankruptcy
30,390,756
24.104,122
deductions
Federal
91*
Divs.
and
which
'
ad¬
and
—
Depreciation
provisions of
$576,214
—
other
(net)
in
of
September
over-all capital cost of the proposed project is $972,000,
$965,500 will be expended by Central and the remaining
$6,500 by New York Power.
Both companies are wholly owned sub¬
sidiaries, of Niagara Hudson Power Corp.—V. 170, p. 979.
of
of
170,756
income
Gross
Interest
involved
approximately 4,100,000
$26,643,468 $39,737,021 $33,432,219
discounts)
expenses)
income——
Total
*
$454,036
$571,991
4,223
revenues.—
oper.
$500,000
contemplates expenditures
1950.—V. 170, p. 979.
Construction of Natural Gas Facilities in N. Y., State—
at
income
Plans
Net
borrowings from The First
intends to borrow from the'
program
$3,000,000
York
proposal,
reconstituted
•
1949—Month—1948
1949—12 Mos.—1948
$2,452,385
$2,152,491 $28,427,849 $24,743,448
1,880,394
1,698,455
21,973,3^1 18,996.583
taxes—
and
Central RR. of New
1948
1949
freight,
deducting
Uriel,
income
each
revenues—
common
preemptive
/
/.
construction
common
merged
The
became effective May 26,
dividends of 75 cents per
which
quarterly
split-up,
stock received
and
sales
Net
to
Oper.
the
par)
merce
COMPARATIVE INCOME ACCOUNT
Operating
v
New
exchange
Corp.—Earnings—
ministrative
indenture.
Period End. Aug. 31—
1949.
into Central
Corp.
687.
p.
(alter
allowances
in 1950
*
$43,930,000
*
15,000,000
$7,000,000
7,000,000
300,000 shs.
186,088 shs.
3,000,000 shs.
1,200,000 shs.
series due 1965
promis.
subscription
preferred stock
6%
outstanding
purposes.
in
$1,500,000
York
170,
sales
Net
Outstanding
Authorized
1st* mtge. bonds/3^8%
1st. mtge.
3'A%
the
of
company
Oswego, Onondago,
common
Celotex
1949),
30,
,
and
the prior
outstanding
ties
Nine Months Ended July 31—
Net
:
$10 par value.
dividend rates,
'
Co.
•f
to
outstanding
66.53%
of
the
Boston,
additional
an
Transactions
same-month."
the
15th-of
subject
construction
for
used
$10,550,000 in 1949
disbursed
were
be
company's
holder
interest
S, due
stock,
series
preferred
stock,
terms.
will
$2,500,000 of
of
company's
common
amounts
the
bonds,
series
common
the
determine
shares
As
of
12,
in
Like
will
of
to
Bank
October,
FINANCING
PRESENT
TO
addition
The
May
by
Financing—
mortgage
dividend
of
shares
underwriting
stock.
cash
treasury
said
on
Au^. 31, 1948 reflect
were
and
general
shares
200,548
bidding
common
and
tribution in
the
to
share.—V.
conditions
that the next permanent financing, probably
or'1951, will be largely through the sale of bonds.
»
EFFECT
$2,298,720
years
ently anticipated
GIVING
$2,416,312
Estimated
Prior
Other
CAPITALIZATION
501,606
$104,032
before the end of the appropriate month to stockholders
on or
of -record- on, the
of
sale
$2,800,326-
501,606
Secretary, states: "In respect to the common stock it
long time practice of the company to declare dividends
the
been
payable
$2,917,913
41,800
zation
-
•
-
and
1948
first
common
Central
20.
$145,832
41,800
30,000
(c)
the
National
construction
this
complete
issuance
Oct.
value,
prices
In
$1.00
and ended
of
(b)
of
3,762,875
$2.86
declared
record
0151,282
Proceeds of the financing would be used for construction and other
corporate purposes, including repayment of bank loans and restoration
E. Eornstein,
,
program
the company contemplates
approximately $20,000,000 of securities in
addition to the securities now offered, the amount and character of
which will be determined at the time of issuance and sale.
It is pres¬
To
the
of
holders
to
10
20
0225,484
•
par
of
Aug. 25 on the preferred and on Aug; 31 on the common stock/
on
J i
'
the basis of presently existing
on
expenditures over the 3J/2
construction
its
50
Nov.
of
ending with 1952
will approximate $45,000,000. It is estimated that of this sum $10,000,000 will be expended during the last half of the year 1949, $14,000,000
in the year 1950, $13,000,000 In the year 1951, and $8,000,000 in the
year 1952.
Of the total amount of $45,000,000, it is estimated that
$28,000,000 will be expended for additional generating capacity and
that the balance will be expended in constructing additions to and
replacements of electric and other facilities.
The estimates ol the
company with respect to the foregoing capital .expenditures .are based
that
$1.05
and
Sept.
on
Cr21,925
shares,
New
England Public Service Co.
will waive its
rights with respect to the new offering of common stock,
the regular quarterly dividends
per share on the 4.20%
cumulative preferred stock, par $100,
cents per share on the common stock, par $10, both payable
directors
'
to be located near Lumberton,
;'X
_
capacity
month
the
9,169
Cr 1,902
687.
1979.
rights
partial
Tile
approximately 120,000 h.p.'
N. C. The first unit
of-this new plant is expected to be ready for service in Sept., 1949,
and the second unit early in 1950.
Also included are expenditures for
the initial stage of construction of another new steam-electric gen¬
erating plant with a first unit of approximately'. 100,000 h.p. (75,000
kilowatts)
capacity to be located near Goldsboro in eastern North
units
(90,000 kilowatts)
for
9,169
$125,526
Sale
Declares Regular Dividends—
year
two
of
//%' "f;A:
of August,
764
$167,326
offering
500
10,941,726
$0.26 V
$0.09
""'V
562,959
764
stock___
Competitive
500
500
>;
shutdown of operations for employee vacations.
In
August, 1949, the two weeks' shutdown was complete for vacations
and the taking of physical inventories.
the
for
program
'
for
/-,7
Operations
>
construction
The
'.i
weeks':
1949, estimated to cost $18,500,000, includes expenditures
construction of a new steam-electric generating plant consisting
calendar
$100
161,701,361 123,210,723
NOTES—Operations for the eight months ended
effect of a strike which started April 8, 1948
1948.
$8,825,000) will be used
to provide for construction expenditures. Such proceeds/ together with
treasury funds, will, it is estimated, be sufficient to provide for the
company's construction expenditures as now contemplated to the middle
,
providing
562,959
has made application to the SEC for an order author¬
issuance and sale of the following securities at competitive
1,
1,000
$
13,281,460
961,889
418,703
■
—
46,913
_____
$5,000,000
(a)
1949—8 Mos.—1948
1949—Month—1948
share-
com.
$3,221,172
46,913
company
Oct.
1,000
Lloyd E. Canady & Co.___
Henry Dahlbei'g & Co.—_
Griffin & Vaden, Inc.
the
PTJRPOSE—The net proceeds (approximately
±
& Leach—
Agee
Alstyne, Noel & Co.—
dividend on preferred stock and based
3,764,480 shares of $10 par value common stock now outstanding.
First-Citizens Bank & Trust Co.;
Raleigh, N. C.
Registrar for common stock, Guaranty Trust Co. of
New York, New York.
Co-registrar for common. stock, First-Citizens
Bank & Trust Co., Raleigh, N. C.
/rv'iY
of -1950.
taxes
per
"After
preferred stock,
$5
after
"Earns.
$3,264,562
expense—
p.
izing the
bidding:
1,000
11,309,783
$171,5P4
disc.,
_____
170,
and
__—
1,770,200
debt_
debt
pfd.
on
The
1,000
1,000
1,000
Van
2,500
—
1,000
Co.__
&
Co
$
agent for $5 preferred stock, Wachovia
Registrar* for
Inc.-
1,437,993
Central Maine Power Co.—Proposed
880.
Period End. Aug. 31—
Sales
N.
Bank
ovia
Co.,
p.
(1,616,005
[1,766,400
income
Balance
Caterpillar Tractor Co.—August Earnings Lowers
Bank & Trust Co.,
C.: Transfer agent for common stock, Bankers Trust Co.,
Wall Street, New, York. Co-transfer agent lor common stock, Wach¬
16
&
170,
and Co..^
&
H. Pringle & Co
Sterns,
2,500
of
deductions
Divids.
—V.
Pacific Co. of Calif
2,500
Co._
Milwaukee
1,500
1,000
1,000
Inc.
Co.,
Co.,
Barnwell
Law
M.
2,500
2,500
—
& Co._—__
Other
Inc.
Simons,
&
Frledrichs
A.
E.
400,000
230,510
1,363,750
1,000
Huger,
2,500
William R. Staats Co
,
Transfer
Inc.
C. Legg
The
Read
2,500
llnc.)_
Arnold
Co.,
Inc.
2,500
Corp.
&
400,000
$213,100
long-term
on
premium &
Howard, Labouisse,
2,500
Kraus
33,300
taxes
income
Amortiz.
Net
&
Crawford
Frost,
Asso¬
John
stock has unlisted trading
privileges on the New York Curb Exchange, and the $5 preferred stock
now offered will have such privileges when issued.
All of the outstand¬
ing common stock is listed cn the New York Stock Exchange. Similar
listing of the additional shares of common stock now offered effective
upon oliicial notice of issuance, has been authorized.
LISTING—The
&
Harris, Hall & Co.
"redemption,
Raleigh,
Burge
Cassell
H.
4,000
4,000
&
Kirchofer
days' notice
unpaid dividends to date
share plus any accumulated and
per
M.
Interstate Securities
preferred stock may be redeemed at any time on 30
at $110
Co.__
Marks & Co.
Lemon
Laurence
,
8,317,038
1,500
F.
G.
4,000
Johnston,
&
&
Gross
Int.
Robinson-
C.
9,100,132
1,432,100
33,300
income
1,500
Humphrey Co
4,000
Hayden, Stone & Co,_____
—
I.
The
4,000
—
Sons
&
Evans
A.
116,250
acqui.
taxes
Federal
2,000
1,500
Boyce
& Co.__
Inc.
6,000
Co.—
Brown
&
Watts
Clement
Curtis
121,550
237,490
General
2,000
Weeks_^__
&
&
662,157
2,000
Stein
Offering of 30,000 shares of $5 cumulative preferred
stock (no par) and 200,000 shares of common stock (no
par) was made Sept. 21. The preferred stock was priced
of
Gardner
Co
Reynolds
Bros.
663,158
___
depreciationof
pit.
adjustments
2,000
2,000
2,000
1949—12 Mos.—1948
$1,203,801 $17,579,200 $16,510,154
$1,268,599
expenses
Prov.. for
7
ACCOUNT
1949—Month—1948
July 31—
revenue
Amortiz.
Co
&
6,000
_____
4,000
$110
Cook
Reinholdt *&
Co.
Co
Co.
—
Operating
Johnson,
6,000
Alex.
Carolina
Gross
2,000
2,000
The Illinois Co.___
Newhard,
INCOME
COMPARATIVE
Period End.
2,000
;
15,000
10,000
Inc.
Co.,
Co.
Fahey, Clark & Co
W. C.
of Capital Transit stock.
170, p. 1079.
shares
&
Republic
&
Hornblower
a
109,458
STOCK
&
27,000
(Inc.)
Drexel
$250,000 down payment.—V.
a
Dickson
ar.
of
John J. Manning, New York
check for $1,939,160 to officials
amount represented the
balance of
The
Beane_______
Goldman, Sachs & Co.--- ' 10,000
Kidder, Peabody & Co.—_10,000
Smith, Barney & Co._
10,000
when
over
&
(1187)
No. of Shs.
Courts
Pierce,
The First Boston Corp.—
formally passed into the hands
Florida associates Sept. 12.
completed
was
Lynch,
Fenner
Capital Transit Co.—Stock Control—
Stock
COMMON
CHRONICLE
NO. of Shs.
Merrill
(Continued from page 2)
Louis
FINANCIAL
UNDERWRITERS-
,,
General Corporation and
Investment News
t
&
COMMERCIAL
distributed
1949, in
1,
Net
income
,
Capital shares outstanding
Earnings per share
—V. 169, p. 2748.
—
.___
____
____
8
(1188)
THE
COMMERCIAL
Chemical Fiind, Inc.—To Pay 12-Cent Dividend—
The
directors
share,
per
pares with
Total
Sept. 21
on
payable Oct.
11
declared
to
15
cents per share for
distributions
for
1S49
declared, amount to 35 cents
share
for
the same period of
of
record
Sept.
Period End. July 31—
12 cents
This com¬
30.
date, including
share as compared
Prov.
31-—
Gross
U.
income
and
S.
come
taxes
Net
♦Earns,
per
&
6,076,058
4,266,858
$0.11
$0.54
share
14,750,039
;
taexs—j
income
of
&
,
,
1,307,526
1,222,858
15,367,759
62,579
63,762
754,313
770,952
138,555
144,187
1,511,831
801,986
S.
Other deductions
24,147,847
29,712,313
16,405,722
20,743,329
Divids. on pfd. stock of
subsidiaries '
744,317
778,675
9,103,732
$2.60
Minor,
131,046
124,309
1,971,407
and
Pere
Marquette,
after
and
2,020,435
2,564,879
1,983,945
31,348,599
28,033,132
allowing
—
NOTE—Dividend
1948 net income includes net debit of $2,808,900 representing
accruals for three-sevenths of said possible deficiency.—V. 170, p. 687.
Chicago Milw. St. Paul & Pacific RR.—New Equip. Iss.
The
at
arrears
June
preferred stock
$6
Series
(not
to $24,497,187.—V.
170, p. 1080.
meeting of
liability in
respect of
certificates, series JJ,
&
Trust
accrued
dividends
equipment.—V.
Chicago,
in
170,
exceeding $5,640,000
not
equipment trust
by the Continental Illinois National
trustee, and sold at 99.08 and
with
the
procurement of
certain
be issued
to
of
Co.
as
connection
*
881,
p.
30,
1949,
including
$17
of
share
per
fractional
the
on
scrip)
amount
Coleman Co., Inc.
•:
(& Subs.)—Earnings—
6 Months Ended June 30—
Net
sales
Net
profit
1949
$9,094,036 $13,476,377 $15,014,133
—-
taxes
^Earnings per common share
•Net
after
V':;-';'"
loss.
NOTE—As
far
that
states
taxes
Belgian
shareholders
and
of
other
Chade,
Spanish court, to be held on
called, and that any resolutions
no legal
effect.
,
advise
counsel
which has
Sept.
that
by
consideration
of
has
prior
for
the
have
Net
sales
amounted
for
$79,123,
of
months
six
losses
would
the
the
2,056,321
$5.03
1,013,245
$2.43
nored
in
not
been
first
concerned,
given
might
half.
to
arise
The
the company
refundable
any
carryback of
if taken,
from
tax
credit,
$213,772.
mouth
of
July
were
reported.—V.
company
is
loss
that
years
1949
to
net
$1,775,848
170,
with
net
a
profit
688.
p.
—5 Weeks Ended
,
3.97%—v|^
35 Weeks Ended
Sept. 3, '49 Aug. 28, '48
Sales
Sept. 3, '49
Aug. 28, '48
$15,868,374 $15,261,745 $110,713,983 $110,639,792
_
The company on S?pt. 3, 1949 had 375 stores in operation, as against
384 at Aug. 28, 1949.—V. 170, p. 882.
level
Colorado Interstate Gas Co.—To Construct Additional
The
intentional
has
company
tional
facilities
company's
received
designed
natural
FPC
authorization
increase
to
the
transmission
gas
daily
system
to
sales
by
addi¬
construct
capacity
62,000,000
of
cubic
the
feet
per day.
Estimated cost of the project is $4,328,930.
The expansion' program involves
an
increase to
feet in the daily capacity of the
company's
181,000,000 cubic
pipeline connecting the
Hugoton Field,
Kansas
and
Denver,
Colo.
The
program
includes
construction of 38 miles of 20-inch main line
loop on the Hugoton
pipeline in the vicinity of Denver; installation of three
1,200-h.p.
units
compressor
construction
pipeline
V.
166,
of
the
at
new
a
the
near
Lakin
station
8,400-h.p.
of
town
Kit
at
the
in
Hugoton
station
compressor
Carson
Cheyenne
Field;
the
on
County,
Colo.—
2208.
p.
view
directors
of
to
holders
be
made
in
At
the
net
Sept.
Lsue
16
announced
time,
the
is
The
14,
the
declaration
common
last
stock,
first
Since
of
cash
a
payable Oct.
14
the
1948
distribution
fiscal
year
Co
Weekly Output—
output of Commonwealth
Edison
Company and
asso¬
companies, excluding sales to other electric utilities, for the
ended
Sept. 17,
1949 showed a
0.3%
increase over the cor¬
week a year ago. Following are the kilowatthour
output
the past four weeks and
percentage comparisons with 1948:
of
Week-Ended—
Sept.
17
Sept.
3—
194S
227,483,000
% Changed
207,835,000
226,855,000
209,852,000
—1.0
219,697,000
222,778,000
—1.4
——225,046,000
228,102,000
—1.3
——
27
Aug.
—V.
1949
.
10
Sept.
+0.3
corporation's
amended
(1)
and
11(b)
(2)
of
Act
of
absence
has
of
been
plan
for
the
declared
compliance
Public
effective
Utility
and
it
is
the
Sept.
the
1, 1949, to
corporation,
full
satisfaction
For
each
the
holders
upon
of
share
all
of
of
the
surrender
rights
preferred
of
their
each
preferred
share
of
common
Co., and .OS share of
distribution agents are,
Bank,
Trust Co.,
New
New
Third
as
and
common
York;
and
stock
of
for
share
stock
the
of
of
U.
that,
stock
therefor
in
'
follows:
common
of
in
8.
services
would
will
outside
held
are
other
is
at
which
seem,
regret
believed,
by
its
head
p.
American
than
was
$3,000,000
distribution
will
preferred
the
common
stock
Edison
stock:
common
President
worth
begin
of
Oct.
1
Ji*9 corPcr^®n adjusted
output
to
of
show
electric
general
of
the
as
vital
importance
this
at
well-being of Spain
been
has
moment
very
well
as
country.
In connection with the
of
one
of
assets
the
of
foremost
the recovery and
European countries.
Jan.
economic
(Sodec),
J
out
that
that
the
government.
Spanish
At
the
Government,
time
recalled
was
that
Juan
the
and
disposition of
by the individuals
the court."
Officials of Barcelona
who
were
the
$16,000,000.—V. 168,
p.
of
to
♦
*
pow¬
12,
was
so
1948), it actually had in cash
*$185,971
*$120,070
6,687
40,918
$231,023
12,775
:
the
corporation,
its
100,000
sched¬
of
*$160,988
26,311
25,022
26,140
25,652
tricity
kwh.,
last
for
the
24,311
50,042
50,112
28,000
28,000
deplet.
*$243,617
period's
on
$98,859
*$236,682
expenditures shown above.—V.
21
announced
ending
with
Sept. 18,
197,000,000 kwh.
increase of 5.0%.
distribution of gas in the
year,
Local
Sept.
week
that
1949,
for
local
$85,826
169, p. 2641.
distribution
amounted
the
to
of
elec¬
206,800,000
corresponding
week
of
business
1949
subsidiaries
conditions
of
amounted
to
corresponding
week
50,310,236
45,822,789
688,083
8,833,333
7,065,333
25,000
25,000
300,000
300,000
855,468
(4,328,718
3,912,133
7,771,758
same
week
amounted
to
835,000,000
feet, compared with 809,800,000 cubic feet in the same
the preceding year, an increase of
3.1%.—V. 170, p. 1080.
The company has received SEC authorization to
issue
000 promissory note to Chase National
Bank, New York,
est
at
would
23/4%
be
and
used
ing Sept. 20,
to
week
1949.—V.
a
new
$1,307,685 $18,575,174 $17,808,683
345,428
4,130,42 5
4,044,125
343,444
disct.,
>
1
36,226
434,654
60,185
722,304
563,923
$986,231 $14,732,398
$13,892,405
$1,058,482
pfd. stock-
170,
36,211
74,331
280,753
280,753
$777,728
436,073
3,369,191
2,540,525
$705,477 $11,363,206 $11,351,879
688.
p.
'
<
.
(& Subs.)—Earnings—
July 31—
1949
1948
$58,693,391 $85,592,860
1,701,005
2,536,129
Earns, per share on 3,300,000 com. rhrs. outstd. ;>
$0.52
.-.£1
$0.77
C. J. Reese, President, stated that inventories at
July 31, 1949 were
22% less than a year ago, amounting to $14,175,077 against $18,123,468.
Currentv assets, including $11,225,803 cash and marketable securities,
totaled $35x368,470 against cunent liabilities
of $11,522,635,
leaving
net workingWpital of $21,845,835.
This was an increase of $1,209,005
over the totai\a year
ago.—V. 170, p. 980.
for Fed. inc. taxes.^_
Light Co.—Earnings—
Period End. July 31—
Operating
Oper.
Federal
Other
1949—Month—1948
$1,252,687
$14,532,519
$13,205,355
505,630
503,763
6,157,952
5,486,267
259,654
196,604
1,957,479
172,207
125,789
1,686,132
1,504,381
122,250
98,601
1,329,750
1,034,589
$406,224
$327,930
$3,401,206
3,837
2,473
22,299
$3,263,66a
7,82a
$410,061
$330,403
.
taxes
taxes
.
Depreciation
revenues
oper.
income
Gross
income
Interest
Trans,
Bal.
$3,423,505
$3,271,490
85,020
res
surp.
to
trans,
60,245
853,479
684,612
93,334
329,911
717,461
$171,774
$2,240,115
$1,869,417
corpo¬
earned surp...
$201,796
applic. to outstdg. 4Mj% pfd
rate
Divids.
1,916,456
122,445
charges
to
1949—12 Mos.—1948
$1,465,965
revenues
expenses
334,935
334,935
$1,905,180
Balance
$1,534,482
—V.
170,
882.
p.
,
Dobeckmun Co.—Stockholders
The
shareholders
issue
at
The
company
will
Services, Inc., at par.
company stated.
Stockholders
also
15-year
Approve Issue of Pfd.—
special
a
5,000 shares of 5V4%
sell
metting Sept. 20 approved proposal
preferred stock.
entire issue to Investors Diversified
($100 par)
the
Proceeds will be used to
approved
proposal
a
to
pay
off bank loans,
increase
the
the
company's
$1,500,000
loan
from the Equitable Life Assurance
The additional $500,000 will be added to working
Society to $2,000,000.
170,
981.
p.
The
ICC
upon
170, p. 785.
application of the reorganization man¬
of properties by the Duluth, South
in reorganization to Duluth, South
and
Mineral Range RR.)
and granted
acquisition
the
Atlantic
&
20
Sept.
on
approved
agers,
Shore
RR.
(successor
&
Atlantic
Ry. Co.
authority to it for the issue of securities and
gations and liabilities.
The
that
plan
date
creditors
zation
as
of
provides
to
determine
shall
be
managers
a
date
who
receive
and
that
shall
which
to
extent
the
the assumption of obli¬
date
the
effective
capitalized in
be
Jan.
claims
cause any issue of new securities to
than the effective date, but only if the
new
securities
1,
of
1945,
present
securities, and that the reorgani¬
new
may
other
such
the
the
shall
receive
the
same
be
dated
creditors
amounts
111
accruals of interest as if such
1, 1945.
The plan provides that the capitalization of the reorganized com¬
pany upon consummation of the plan shall be substantially as follows:
issue of
First
new
same
mortgage
Common
rights
stock
4%
respect of
in
securities had
been
income
50-year
(no par, but
dated Jan.
bonds
—
of a stated val. of $50 per sh.)
$5,000,000
10,500,000
$3,500,-
bearing inter¬
in one year.
Proceeds of the borrowing
off $3,650,000 of outstanding bank loans matur¬
maturing
pay
(7,812,078
•
income
on
cash
an
cubic
of
1949—12 Mos.—-1948
$6,508,920 $90,190,540 $83,580,697
Duluth South Shore & Atlantic Ry.—Reorganization—
taxes
compared
170, p. 3.
3,632,683
j
Net profit after prov.
54,910
Consolidated Edison Co. of New York,
Inc.—Output-—
The company
last,
$218,848
;
current
record
11,
770,416
debt.
debt
of
capital.—V.
$177,310
above
inc. before
•Net
of
July
3,918,392
Shore
Net
holders
on
1949—Month—1943
$1,363,821
long-term
present
6,312
*$192,283
income
to
13
made
April 11 and 30 cents on
paid a 10% stock dividend
948,351
9 Months Ended
more
1949—6 Mos.—1948
$183,997
Amortiz. of mine develop,
expend, shown
Depreciation
Oct.
was
on
Sales
net of current period's
First
paid
Continental Motors Corp.
2540,
1949—3 Mos.—1948
expenses.
quarterly dividend of 20 cents
a
$7,025,982
expenses
Balance
declared
Consolidated Coppermines
Corp.—Earnings—
exploration
taxes.
payable
cents
25
$2,257,156
than
Consolidated Electric & Gas Co.—Note Approved—
of
Net
to
Period End. June 30—
Net inc. bef. cngs. beiow
Federal
distribution
taxes__
on
Divs.
originally placed in control
company is bankrupt and point out that at the time it
than
$4.13
prem. and expense
Other deductions (Cr)__
Barcelona,
•
company
•£;
Traction, and of Chade, deny that the former
by the Spanish court (on Feb.
1949—12 Mos.—1946
$424,373
~
Net
trustees, "who apparently have broader
or
management
492.
p.
546,068
plant acqui¬
adjustments
Amort,
Albert
enjoyed
have
appears
seasonal
$0.78
stock,
Gross .income
Int.
Other
from
over
with
Federal income taxes
company officials pointed
in debt to the Argentine
is
March, one of the world's richest
men, has been trying to acquire the
$350,000,000 Barcelona Traction,
Light & Power Co., a
subsidiary of Chade through allegedly falsebankruptcy charges.
A meeting of the
company's creditors was to be held Sept. 19 in
Reus, a provincial town in Catalonia about 60 miles
appoint "sindicos,"
levels
ol
General
its obligations by surrender of
which
Government, had the option of settling
approved ; Argentine securities.
It
price
546,076
similar
A
Dallas Pov^et-^fe
a
of
because
$0.50
lor depreciation
sition
,
This
control
is
546,068
Sept. 21 declared
revenue
Amort,
26,
51.34% of the company's shares were voted to
liquidate
transfer its assets, which consisted
mainly of the $200,000,Argentina de Electricidad (Cade), to the Societe d'Electricite
Cia.
"This
$270,374
and
Period End. July 31—
Chade and
000
Ken¬
institu¬
an
above, The New York "Times"
Sept. 20 had the following:
On
added.
1949—3 Mos.—1948
capital
1949.
Operating
—V,
for
of other
as
Actual development and
Bankers
originally
energy
territory served for the week ended
Sept.
15
33?,679,272 as compared with 321,754,218 for
the
in 1948, an increase of
10,925,054 or
3.40%.
which
company
to
546,076
on
compares
Gross
American directors that
Chade required the adoption
the shareholders. The shareholders voted to
of private enterprise
engaged in investments and industrial
development in foreign, countries, a
type of activity which is of such
Weekly Output Increased 3.40%—
hour
a
Mr.
year,
par
'Consumers Power Co.—Earnings—
on
examples
Co.
The
stock,
assets
1030.
weekly kilowatt
on
past
at
Jan.
10,
1949.
In
1948, the company
and lour quarterly cash dividends of 40 cents each.—V.
office
directors further regret that the Spanish Government
attacks
the
sold
Canning Co.—V. 170,
charges
the
on
30,
which
Is
apparently permitted itself to be placed in the position of joining
these
fiscal
the
to
unwarranted attacks
measures
that
during
Consolidated
shart_
1 After
share
Sept.
In
a
in
the
Nil
per
per
majority of the share¬
unanimously to appoint liquidators
therefore, that the proposed meeting
done business
outstanding.
of
*$16,695
The directors
a
although the company has had only
close
of
nationals.
it
the
principal food
items, supply
availability of merchandise within
without peak accumulations due
...
•Loss.
not only be invalidly convened but, moreover,
be submitted thereat would be adopted by con¬
may
Spain,
arbitrary and
has
Circuit
more
The
?
and
At
the
Marshall
voted
profound
the
Federal
^endell L. Willkie
uled.—V.
The
in
of preventive
to
stockholders.
170,
It
1949,
which
1949,
there and has never otherwise
It is a matter of
stock
during
distribute
27,
Central Illinois
Ohio
York.
move
f
26,
and
Balance
.35
common
for
Company
Court of Appeals at
Philadelphia Sept. 19
stay the dissolution plan of the corporation.
The
petition was filed by Mrs. Adelaide H.
Knight of New York, holder
of 1,000 of the 17,000,000
outstanding common stock option warrants.
Under the plan,
the
option
warrants
are
wiped out and will not
receive any compensation.
Commonwealth & Southern, which
began
its dissolution proceedings after Federal
anti-trust action
a
Chade
majority of the outstanding shares. Such resolu¬
tions would be used
purportedly to rescind action already approved by
a
majority of such issued and outstanding shares.
The Chade has been an important factor in
the Spanish economy for
many years inasmuch as it brought to Spain
large amounts of foreign
exchange through the payment of taxes, general expenses and financial
Dissolution Plan to Go Into Effect Oct.
1, Court Decides
The
rejected
Jan.
on
siderably less than
enforcing the
practicable after
certificates
common
stock:
Southern
National
Holding
respect thereto,
as
stock:
2.80 shares of
Consumers Power Co., .55 share of
Light Co., and $1 in cash;
The
of
American
order
with
of
For
shares
British,
he
in
outstanding
of
represented
company.
resolutions
by
Sections
with
anticipated
a
stay of the U. S. District Court
distributions will be made on or as soon
plan,
Oct.
1935
issued
because
and
profit
Prov
was
of
ers
Commonwealth & Southern Corp.—Plan Effective—
the
total
June
past year,"
and
Earned
an
Swiss,
actions
Luxembourg
holders
are
The
the
of
Belgian,
the
the
Shares
of
purpose
transactions
during
Period End. Aug. 31—
Net
addition, the American directors are informed that the published
agenda for the meeting called for Sept.
27, 1949, contains matters
which have already been acted
upon by shareholders at a meeting held
to
170, p, 1030.
1Kb)
the
Luxembourg company created for that purpose on Nov. 18,
action was taken
subsequent to a decree of the Spanish
Government on July 17,
1947, which placed all of Chade's assets under
responding
totals
for
constitute
85%
by
1948.
Edison
ig¬
American
wrongly
aforesaid
the
shares
common
Consolidated Textile Co.. inc.—Earnings Show Loss—
and Illegally
aforementioned meeting of
the
of
Grocer Co.
In
to
cash
payment was one of 2Va%
Electricity
week
for
been
the
Moreover,
been
has
obvious. *
will
Commonwealth
ciated
omits
has
country,
1948.
show an improvement compared with those
when the company earned $565,221, equal to
40 cents per common share.—V.
169, p. 2749.
of
it
court.
right
issued
shareholders
or
867,492.
trends throughout the year
to buyer
competition for limited supplies."
:;.£
The company now includes the more than
90-year-old Reid Mur¬
doch Co., best known for its Monarch brand
foods; Sprague Warner
& Co., known for its Richelieu
brands; the C. D. Kenny Co.; Western
the Spanish authorities since
July, 1947 with
respect to Chade, the risk to the shareholders in
transferring their
certificates to Spain for deposit in that
in
the directors reported
that
preliminary and
the fiscal year ended June 30, 1949, indicate
for
profits
This
1947.
May
on
the
on
30.
since
made
figures
the
Sept.
record
this
stock
same
unaudited
that
of
on
on
cehts per share
50
common
Spanish
this
notice
that
and
who
of
The
Corp.—First Cash Dividend
1947—Profits Show Improvement—
dividend
the
in
the
that
the
of
approve these measures which involved the transfer of
the
the company outside the reach of the
Spanish authorities.
Columbia Pictures
The
and
Hugoton
of
right
at
its
ample and there should be
preventing shareholders outside of
overwhelming majority of the total issued
share capital, from
attending the meeting in person or by proxy unless
the shares held by non-Spanish
shareholders are deposited in banks in
Spain,
of
Hugoton-to-Denver Pipe Line—
on
order
in
This
financial
that
investor
receded
of
obligatory designation of
banks in Belgium,
Switzerland, Great Britain, France, the Netherlands
and Germany,
as well
as
Spain, as depositaries for the said shares.
According to the terms of the Spanish court order, such omission is
In
Facilities
Spain.
advised
are
circumvented
Spain.
'
;
the
directors
Spain
Colonial Stores, Inc.—Current Sales Up
in
noted
order
be
held
preferred
remain
15-year promissory note due June 1, 1964 in the
amount
of $6,500,000
bearing interest at 3'A%.
A
portion of the
proceeds was used to retire all outstanding 3'/2% sinking fund deben¬
tures in the principal amount of $3,985,000.
In February, 1949 the
Rosenberg subsidiary completed permanent financing
arrangements,
obtaining $6,000,000 on a 15-year, 4% note and debenture loan.
"In planning for the operating year now in
progress, we have
budgeted our wholesale inventories at a lower point than was the
convened in a certain manner, and one of the
requirements
such convening is that shareholders be
permitted to deposit their
shares In banks in countries outside of as well as In
Spain, as evidence
of the right of the shareholders to vote
in person or by proxy at
meetings
reviewing
tional
27, 1949, has not validly been
might be adopted thereat can
which
Consolidated
shares
proposed
a
called
been
of
common
nedy
The Charter of the Chade provides that
any meetings of shareholders
shareholders
the
as
*209,028
Nil
■'
Income
on
operating
1947
1948
its
part in this increase.
for
.
$3.08.
in
capital stock and surplus totaled $21,776,796 as compared with
a
total of $14,528,734 at the close of the
preceding fiscal year.
The
Rosenberg subsidiary, Mr.
Kennedy reported, played an important
have
shall
sales
Kennedy, President, said that the report included for the
operation of a new subsidiary, Rosenberg Bros. & Co. Inc.,
largest independently owned dried fruit, rice and nut
number
1.1
a
British,
$3.86
$2.85
,
highest
Francisco,
the
thaniel Samuels) in a published statement to the holders
of Chade securities in the United States on
Sept. 19 said:
Spanish,
the
year,
Hispano-Americana de Electricidad
("Chade")—American Directors Hold Proposed Stock¬
holders' Meeting in Spain Illegal—The American direc¬
tors of this company (James B.
Alley, Howard H. Bachrach, J. Donald Duncan, Samuel F. Newman and Na¬
and
reported
All of Rosenberg's outstanding capital stock is now owned
by Consolidated, Mr. Kennedy added, but acquisition did not increase
Compania
company will receive bids up to noon (CSTt, Oct. 3, for the
purchase from it of $4,500,000 equipment trust certificates, series KK,
be
dated
Oct.
1,
1949
and
to mature
$150,000
semi-annually
April 1, 1950-Oct. 1, 1964.
The ICC on Sept. 12 authorized the company to assume obligation
to
2,858,618
time
San
The
requirements.
3,540,604
company.
int.
Net income
preferred
for
$2.71
$
141,690,068 123,487,826
charges and income taxes.
corporation
M.
first
8,514,585
$2.03
31,
Bank
14,685,660
disc.,
expense-
2,636,102
share.
1946
S
2,506,032
.
com.
1947
$
125,379,518
history in the
fiscal year ended June 30, 1949.
Current assets at June
30,
1949 were
$32,570,906
with current
liabilities totaling $6,649,300, leaving net current assets
of $25,921,606.
At the end of the preceding year, current
assets were $15,575,178,
resulting in an increase of $10,346,428 during the fiscal year.
25,611,511
debt
stockholders
per
The
$4,029,364 $57,033,979 $53,222,779
$4,671,793
—
debt,
premium
Earns,
4,439,759
20,547,933
11,603,832
NOTE—August, 1948 net income includes net debit of $936,300 repre¬
senting accruals for one-seventh of possible deficiency in income and
excess profits
taxes years 1939-1945, and interest thereon to Dec. 31,
1947
less potential income tax saving on such
interest.
Period to
Aug.
\
4,246,709
(21,812,755
(27,427,238
T"
1948
$
151,404,174
profit
•After
358,059
3,389,745
number of shares outstanding after merger of Chesa¬
on
Ohio
dividend
11,660,000
11,457,972
—
com.
♦Calculated
peake
1,518,261
953,319
income-
3,144,280
1,476,889
1,888.344
1949
sales
•Net
24,632,349
4,109,075
subsidiaries
Amortiz.
840,000
ry. oper.
income
Net
profits
taxes-—
26,014,589
2,067,312
350,859
long-term
on
of
Net
acqui.
income
Gross
Int.
in¬
■
excess
Other railway
Federal
$
Years Ended June 30—
$
$
11,785,077 143,882,940 145,422,662
2,242,609
U
taxes
1948
32,504,247 198,335,549 219,585,821
23,346,503
—
Canadian
&
depreciation—
of
pit.
adjustments
$
Consolidated Grocers Corp. (& Subs.)—Record Sales—
1949—12 Mos.—1948
;
21,629,558 280,418,211 273,877,044
10,777,220
expenses
for
General
1949—8 Mos
$
.$
Monday, September 26, 1949
ACCOUNT
$
22,151,557
-
Amortiz.
last year.—-V. 170, p. 591.
1949—Month—1948
revenue
Operating
Chesapeake & Ohio Ry.—August Earnings OffPeriod End. Aug.
$
CHRONICLE
.
Gross
with 32 cents per
to
INCOME
1949—Month—1948
■.
period in 1948.
the dividend just
the corresponding
per
COMPARATIVE
quarterly dividend of
a
holders
FINANCIAL
&
Total
The
the
$15,500,000
series
plan:
exchange
A
(a)
for
bonds
will
be
delivered
$1,921,400
to
Central
distribution
to
the
as
follows
of
of
Bank & Trust Co., aa
$3,199,000 first mortgage
Hanover
holders
in consummation
Volume
Number 4841
170
due Jan. 1, 1937, and to holders of $4,000 of the subsidiary
consolidated 5%
bonds due Jan. 1, 1931, in exchange for
outstanding bonds; and (b) $3,078,600 to Canadian Pacific
Railway in exchange for certain securities issued or assumed by the
principal debtor and the subsidiary debtor and held by the Canadian
Pacific Railway.
1
...
bonds
5%
210,000 shares of common stock
will be
issued
and
The
Sept.
providing
of
the
minimum
required by
the
reorganized
stated
laws
consummation
the
the
of
of
of
State
the
the
of
will be
plan
at
as
part
a
in
delivered
the
to
Oper.
The
company
Sept.
on
will
be
used
to
cor¬
and
loans
general
construction
for
1,295,397
Fed.
inc.
Net
7,350
6,667
83,665
12,761
171,518
U.
S.
order
Circuit
Court
reinstating
plan
isues.—V.
of
Appeals
Cr2,870
inc
oper.
Cr389
60,028
to
170,
*$2,022
$154,014
4,4.5
8,699
59,237
for
$213,251
$2,001
Earnings
for "
Associates
Sugar
gated
$1,943
53,071
160,180
The Trust has
ferred
shares
Holders
146,006
$2.21
share capital stock.
that
The
a
of
common
Sept.
29,
$i
tenders
be
must
at
a
stated
ACCOUNT
INCOME
FOR
SIX
lowest
price and so on until the fund appropriated
preferred shares of beneficial interest accepted
must
be
delivered
the
at
risk
and
cost
holder
the
of
premiums
each
one
share
"In
30,
and
loss
Underwriting
Incr.
Vigilant
Insur. Co.
Consol.
783,207
$8,954,036
870,791
$1,176,153
$8,083,245
3,024,370
499,370
2,811,158
21,555
405,938
3,523,740
3,217,096
23,990
premiums—,
expenses
and
expenses
overdue
in
income
Federal
1949, to the Maryland Trust Co., or to The National City Bank
York, 55 Wall St., New York City 15, where payment of the
purchase price will be made.
Preferred shares of
beneficial interest purchased will be cancelled
&
prem.
tax
taxes
for.
bals.
dends
the
number
2,435
457,043
102,915
are
listed
Philadelphia-Baltimore
the
on
New
Income
of
York
Stock Exchange.—V.
Exchange
Curb
$165,495
$758,461
498,059
53,426
551,435
32,181
Investment
Fed.
169,
27,278
4,903
63,170
14,730
$33,793
Net
investment
Net
$199,288
$1,199,865
Dr3,616
56
JDr3,560
$996,961
$199,344
$1,196,305
480,000
income,
invest,
on
income
income
Net
gain
sale of investments
on
carried
Balance
to
surplus
declared
'
480,000
and the
Oper.
revenues
$1,168,937
—
766,596
Operation
BALANCE
SHEETS
JUNE
AT
Retirem't
General
62,393
96,959
1,287,771
51,251
39,138
865,766
$119,167
$79,179
$1,362,622
inc.—net
Other
42,108
55,584
income
$161,276
$134,764
$2,291,360
32,822
438,867
$122,677
$101,941
requirements—Blackstone Valley
$1,852,492
$1,566,745
38,598
deductions
Total
income
Net
dividend
Pref.
$77,652
Ealance
receivable
interest
recoverable
81,698
38,917
21,311
58,914
22,496
Crl5,696
Cr333,309
admitted
Total
$1,748,704
Divs.
$1,748,704
$1,468,228
$1,468,228
263,350
$1,700,596
164,348
and
held
taxes and
claims
and
and Oct.
5,633,576
170,
$1,847,706
$1,513,058
—V.
1,000,000
3,211,976
$42,981,014
128,
.Proceeds of the issue will be used tu repay
and to help finance
according to the application.
$1,465,000,
COMPARATIVE
Period End. July 31—
the
a
721,142
4,541,301
4,000,000
15,617,338
1,747,990
$7,488,096 $46,257,134
revenues
construction
INCOME
Co.
of
America
at
Baltimore—Notes
Placed
Florida Public Utilities Co.—Earnings—
ACCOUNT
1949—12 Mos.—1948
$5,666,792
$5,163,709
2,274,830
2,179,178
314,186
270,242
Maintenance
25,668
36,160
Depreciation
30,000
28,333
351,666
284
3,416
3,362
55,602
45,875
614,206
531,916
61,000
47,000
657,517
Period End. July 30—
Operating
Operation
taxes
Inc.
taxes
Utility
$141,012
$112,152
$1,450,968
$1,291,763
248
inc
oper.
1,642
19,774
Maintenance
1948
$141,260
$113,795
$1,470,743
$1,335,387
17,178
income
13,519
155,057
$124,082
income
dividend
Preferred
Proceeds
the
of
standing
financing would
notes
the
and
Federal
income
biography
requirements
$100,276
:
$1,315,686
$1,155,999
67,500
67,500
$1,248,186
$3.27
$1,088,499
$2.85
—
Earnings
per
—V.
p.
to
com.
corporation
883.
charitable
as
Co.—Biography of Mr. Wilson—
Corp.—Number of Stockholders Gain
had
organizations,
churches, schools and insurance com¬
represents many individuals.
<
shareholders in the third quarter, 405,108 owned
common
stock as at Aug. 11, 1949 and 30,897 held preferred stock
as
at July
11, 1949.
These figures compare with 404,852 common
stockholders and 31,010 preferred for the second quarter of 1949.
Of
the preferred stockholders in the thi.d quarter of 1949,. there
were 21,230 holders of the $5 series preferred stock and 9,667 holders
panies,
the
of
each
the
Of
which
of
436,005
$3.75 series preferred stock.-
New
Comptroller and Director Elected—
Ralph
Mark has been elected Comptroller, to succeed the late
Mr. Mark, since 1947, has been director of the Cost
Analysis Section, Comptroller's Staff.
Richard C. Oerstenberg has been appointed Assistant Comptroller.
He has been director of the Operations
Analysis Section, Comptroller's
R.
E.
C.
Hammond.
Staff, since 1947.
Henry C. Alexander, Executive Vice-President of J. P. Morgan
Co., Incorporated has been elected a director.—V. 170, p. 1081.
-
The
Chase
National
Gas Co.—Transfer Agent—
Bank
of
the
City
of
New
York
has
been
ap¬
pointed transfer agent of and The City Bank Farmers Trust Co., New
York, N. Y., as registrar for the $4.25 convertible second preferred
stock.—V. 170, p. 1081.
Bank
reduced
loahs
to
which
$751,781
amounted to $1,520,250 in December, 1948, were
during the last nine months, Howard S. Cullman,
reported on Sept. 21 at the annual meeting.
Directors
every
effort to see that these loans are liquidated as
promptly as possible, Mr. Cullman said.—V. 168, p. 2541.
Chairman,
will
make
Sept. 16j
kwh., or
0.9%, from the corresponding week of last year.-
Seeks SEC Authority on Proposed Financing Plans—
Application has been made to the SEC by the corporation and two
of its subsidiaries, Associated Electric Co. and Pennsylvania Electric
Co., for an order authorizing.
(1) GPU to make a $24,000,000 cash capital contribution to Asso*
Rochester Gas & Electric Corp.
Rochester
GPU
53,034
67,329
$140,604
Use of such funds by Associated (together with other funds to
obtained in the manner set forth below) to redeem its $32,046,000
of
$147,252
29,234
72,196
$176,486
income
$212,801
67,380
53,098
109,106
159,702
deductions
stock
dividend
common);
(2)
be
income
outstanding 5% debentures, due 1961, at their redemption price
($33,648,300);
Loan by Associated to Pennsylvania of $1,200,000 on the letter's
non-interest
bearing notes
(in addition to similar advances now
amounting to $4,190,000);
(4) Bank borrowings of $7,000,000 by Pennsylvania, the proceeds to
be used to repay Its then existing indebtedness to Associated and for
construction and other corporate purposes; and
(5) Bank borrowings by Associated of not to exceed $4,000,000 to
provide the additional funds necessary to redeem its outstanding de¬
28,500
28,500
$80,606
$131,202
$0.54
$0.87
Philadelphia—Proposed
Consoli¬
requirements-
105%
(3)
bentures.
Earns,
—V.
for
per
169,
stock
common
and
share of com. stock
p.
surplus
(150,000 shs.).
The
SEC
hearing
has
interested
given
persons
the application.—V. 170,
upon
p.
until
1081.
Sept. 29
to request
a.
2418.
Association
Fire
of
Payment
of
dation—
4%
cumulative
No.
& Utilities Corp.—Interest Payment—
interest
of 2%
will be
debentures, due
made
on
Sept. 30, 1949, on
surrender of coupon.
10.
H.
Thomas,
President,
that
announces
at
special
meetings
The
New
continue
and casualty Insurance;
of Lumbermen's Insurance Co., The Reliance Insur¬
Philadelphia and Philadelphia National Insurance Co.
into Fire Association of Philadelphia;
New
.
ing of both fire
2.
3.
The
merging
Co.
The
talized
of
incorporation of a new, wholly-owned and adequately capi¬
to be known as Reliance Insurance Co. of Phila¬
company
income
York
quoted
ex-interest
to
be
An
York, N. Y.—V.
on
in
170, p.
increase
in
capital
of
Fire
Association
sufficient, first, to acquire the assets of
Insurance
Co., The Reliance Insurance
Co. of
delphia
304.
Georgia & Florida RR.—Opperating Revenues—
Week End.
immediate
the
of
Phila¬
Lumbermen's
Philadelphia and
on
Stock
2%
dealt
delphia;
4.
1969,
Exchange directs that the debentures be
Sept. 30, 1949; that the debentures shall
"Flat," and to be a delivery in settlement
of
Exchange contracts made beginning Sept. 30, 1949, must carry
coupon No. 11, and subsequent coupons.
■"
Interest is payable at the Commercial National Bank & Trust Co-
Sept. 15, the boards of directors of Fire Association Group of
Companies voted to recommend to the stockholders adoption of the
following program:
,
1. Approval of appropriate charter amendments to permit the writ¬
ance
Equitable Office Bldg. Corp.—Reduces Loans—
&
Corp.—Weekly Output—
The electric output of this corporation for the week ended
1949 amounted to 117,561,285 kwh., a decrease of 1,078,662
47,545
held
El Paso Natural
out¬
436,005 common and preferred stockholders
in the third quarter of 1949, compared with 435,862 for the second
quarter this year and with 433,909 for the third quarter of 1948.
More than 75,000 of these owners of the business are groups such
Frank
170,
of
purposes.
a
General Realty
stock and surplus
share—(381,994 shares)
applic.
Balance
$14,800,000
construction
of
in
General Motors
This
97,787
income—net:
Preferred
retire
to
Charles Edward Wilson, American industrialist,
50-page booklet, dated Sept. 2, 1949, prepared by
this company especially as part of its program to honor its President's
fifty years in the General Electric family.—V. 170, p. 1081..
'
contained
of
Income
to
applied
121.892
taxes
Utility operating income
Other
used
be
balance
170, p. 690.
General Electric
is
112,644
taxes
Balance
Net
previously reported, the company proposes to sell at competitive
bidding $18,000,000 of first mortgage bonds, due 1969 (originally 1974).
902.891
179,387
deduc
inc.
persons until Sept. 27 to request a
financing proposal of the company (subsidiary
As
82,071
General
Net
Gross
interested
bond
Co.)
116,680
-
43,624
income—net
Total
given
Service
stock, and to reacquire from Associated, and cancel, 107,000 shares of
common stock for $1,504,402
(subject to a downward adjustment
of
the proceeds of Associated's sale of rights
to subscribe for the)
Depreciation
Gross
Other
has
upon the
$1,378,051
555,581
General
Fed.
franchises—
of
SEC
Cities
of
1949
$1,468,380
956,697
revenues
331,666
284
•
1949—8 Mos.—1948
Gas Service Co.—Hearing on Proposed Bond Issue—
ciated from the proceeds of its sale of
pro¬
v.p'v>
1949—Month—1948
$504,294
$469,393
190,725
199,586
Operation
Amort,
1949—Month—1948
2098.
p.
Privately—Kidder, Peabody & Co. and Stein Bros. &
Boyce jointly announced Sept. 20 that they have placed
privately $2,500,000 3% serial notes with a group of in¬
stitutional investors. The notes are dated Sept. 1, 1949,
and are due each March 1, 1957-61.—V. 170, p. 397.
short-term bank loan
company's
•
;
786.
p.
General Public Utilities
tures, to be dated Sept. 1, 1949, and to mature Sept. 1,
1969. Company proposes to sell the debentures to John
Hancock Mutual Life Insurance Co. at 100.67.
stock, the10% common stock
accordingly issued
common
a
were
$10,189,804 $13,218,404 $81,077,702 $98,261,284
170,
The
883.
p.
$2,500,000 3%% Deben¬
tures—The company has been authorized by the Federal
Power Commission to issue $2,500,000 in 3Vs% deben¬
Oper.
497.277
treaties..
reinsurance
Finance
gram,
87,301
4,000,000
15,617,338
1,747,990
320,000
1,688,108
294,156
633,841
-
reinsur.
Unrealized
El Paso Electric Co.—To Issue
of
1,393,952
4,044,024
expenses
under
320,000
1—
Total
—V.
$7,488,096 $46,257,134
$1,239,493 $10,829,786
1,157,893
6,791,469
187,538
interest
Balance
5,953,374
5,488,930
*
16,250
137,711
103,009
216,277
92,990
Cr926,909
Cr4,152,089
$9,590,293
1
1949,
stock
4,045,133
$42,981,014
stock ($10 par value)
(incl. paid-in surplus)
apprec. of investments—
Capital
Surplus
Expenses,
losses
Non-admitted
232,368
$2,012,055
Non-subsidiary income
Total
assets
payable July
Funds
(as above)
managers
premiums
Taxes
Earnings of subsidiary
—V.
10,414,762
LIABILITIES—
Unearned
UTILITIES ASSOCIATES
EASTERN
98,794
paid losses-
on
funds with
Outstanding
1
Applicable to E. U. A
—
934,327
535,252
157,363
Depos. with underwriting syndicates
70,494
Overdue prems. and foreign bals.__
Cr911,213
Reinsurance
premiums payable
Cr4,042,351
20,865
26,135
4,211,976 i,
5,019,047
5,177,249( ;
16,250
Accrued
$77,652
Applicable to minority interest
*
receivable
Working
$1,489,093
Co
Co.
97,800
63,695
10,351,067
banks
in
Bills
588,095
$1,774,840
Electric
&
Gas
770,642
Capital stock of Vigilant Insur.
Cash
the
on
29,
Gamble-Skogmo, Inc.—August Sales Off-
Consol.
$5,331,699 $22,692,364
732,740
1,503,382
750
671,950
3,948,133
.
Reinsur.
Gross
bonds
guaranteed stocks—
stocks
Common
$1,950,717
383,971
inc
oper.
$17,360,665
671,200
and
July
common
fund
Sales
Vigilant
Insur. Co.
bonds
Preferred
Premiums
$1,766,225
525,135
Utility
bonds
municipal
and
Other
dividends
on
resultant
The
Government
S.
State
1,166,015
700,335
62,486
?
taxes
U.
674,523
763,285
109,027
accruals
res.
taxes
inc.
Fed.
»
747,982
749,351
57,860
cash
balance of $2,500,000
by substituting for the 3%
note maturing Aug. 3, 1965, requiring fixed and con¬
sinking funds aggregating $210,000 per year, a new 20-year
3%
note maturing Aug.
1, 1969, requiring only a fixed payment of
$125,000 per year.—V. 170, p. 786.
1949
30,
Insur. Co.
$1,155,944 $15,684,337 $14,939,523
820,414
10,267,239
10,272,741
60,409
Maintenance
the
and paid
shares of
85,270
tingent
—V.
;
1949—12 Mos.—1948
1949—Month—1948
to
declared
hearing
ASSETS—
Period End. July 31—
the
of
$441,404
$1,000,577
tax
Subs.)—Earnings—
(&
the.
to
On
or
about
May 2,
1949, this company reduced its long-term,
with The Mutual Life Insurance Co. of New York by a
payment of $1,000,000 and secured a change in the terms of payment
77,900
$407,611
expenses
income
1224.
p.
investments
from
Federal
Utilities Associates
Eastern
and
waa
Indebtedness
559,958
$592,966
income
underwriting
Dividends
shares
amounted
Period End. Aug. 31—
Net
unpaid.
These
additions
underwriting
on
income
authorized shares.
There remain outstanding at this time 60,880 preferred shares. These
shares have a par value of $1 per share and are entitled to dividends
at an annual rate of
$5 per share, non-cumulative during the first
three years from date of issue (Aug. 30, 1934) but cumulative there¬
after.
They are entitled, in liquidation, to $50 per share and accrued
cumulative dividends unpaid, which amounted to $37.50 per share as of
Aug. 30, 1949.
Preferred shares may be redeemed or retired, in whole
or in pajt, at any time at $55 per share and accrued cumulative divi¬
reducing
for
Substitutes New 3% Note for Old Loan—
1949
New
however,
requirements
$1,398 was paid in cash in lieu of fractional shares."
j
—
$1,263,737
87,584
$7,690,299
earned
and
Losses
Oct. 21,
without,
immediate
All
volume
addition
directors
sinking
Premiums
than
later
JUNE
$6,907,092
written
unearned
in
Increase
is exhausted.
for purchase
not
ENDED
Federal
no tender may be amended or revoked.
Notice of acceptance or rejection will be mailed on Oct. 10, 1949.
Tenders at the lowest price will be accepted first, then those at the
The
for
Subs.)—Earnings, etc.
MONTHS
Insur. Co.
Net
without conditions,
share
per
value,
directs that the common stock be not quoted ex
until Oct. 14, 1949; that all certificates delivered
1949, in settlement of Exchange contracts made prior
14,
1949, must be accompanied by due-bills; and that all
must be redeemed on Oct. 18, 1949.—V. 170, p. 493.
Federal Insurance Co. (&
Oct. 4, 1949.
price
sales
dividend.
interest.
on
par
29,
and
jot
of
are
All
next
stock,
1949.
Exchange
Sept.
due-bills
preferred shares, desiring to tender the same to the
will be received not later than 4 p.m.
greatest.
"Current
assets
totaled
$9,663,431
against current liabilities of
$3,046,250, leaving net. working capital of $6,617,181,
"During the year $97,650 par value of the company's $2.20 cumula¬
tive preferred stock was retired pursuant to
sinking fund provisions.
"Cash dividends on the common stock
totaling $810,895 were de¬
clared and paid.
This amounted to 95 cents per share on the 853,574
common
shares outstanding during the year until payment of the
stock dividend described
below, which increased the total of such
shares outstanding to 938,844 at the
year-end.
cor¬
distribution
Oct.
to
for
Exchange has received notice from the
distribution will be made on Oct. 13, 1949, of
share
record
of
Stock
requested to send all tenders to Maryland Trust Co., agent
Trust, Calvert and Redwood Sts., Baltimore 3, Md., so that they
Trust,
for the
Froedtert, President and Chairman of the board, said:
$33,114,688 during the year, a
decrease of $9,895,799 from the
preceding year, despite a slightly
larger shipment volume.
This decrease represented the substantial
decline in barley prices and resultant malt
prices from the previous
Brewing Corp.—Stock Distribution Ruling—
York
additional
appropriated $1,200,000 for the acquisition of its pre¬
beneficial
of
such
of
the
"Dollar
1
170, p. 593.
New
poration
held
VV;
;
presently outstanding 938,844 shares.
on
year.
own
Trust)—Requests
(A
'
,,
$1.07
1946
to
plant were provided for and long-term
debt
materially reduced.
The financial
and
physical condition of
company at year-end was excellent.
$167,692
21,685
4,733
*$2,654
per
♦Loss—V.
after
Eastern
$1,085,990
$1.28
1947
"The fiscal year just completed was noteworthy in several respects.
was the largest, net earnings both in dollar amount
and per share were the highest, and common dividends paid aggre¬
$98,868
$2.42
<
4,655
income
said
Tenders—
$1,2CC,074
$1.57
1948
betterments
The
its
to
$1,553,772
Kurtls R.
68,824
$6,676
,
income
170,
1080.
p.
dividend
Shipment volume
♦$2,494
.
inc.—net
deductions
Total
Net
Sept. 20 issued
the corpora¬
Baltimore
at
temporary injunction restraining
exchange St. Regis Paper Co. common
a
completion
upon
stock
20%
a
$3.43
♦Based
137,805
68,123
accru.
taxes
Gross
Eastern States Corp.—Stock Plan Restrained—
The
of
1949
$3,299,204
Net
78,338
11,233
res.
taxes
Falstaff
tion's
secondly,
and,
•Earns. per com. share.
156,395
11,942
$1,789,778
p. 1080.
an
Co.;
declaration
Years Ended July 31—
income after taxes.
1,250,247
150,522
10,459
$1,915,146
the
and
purposes.—V.
corporate
Insurance
permit
to
merger
Froedtert Grain & Malting Co., Inc.—Earnings—
1949—12 Mos.—1948
88,023
Non-oper.
with
statement
registration
a
bank
repay
construction
$111,701
$125,695
96,736
Retirement
covering $15,000,000 of first mortgage bonds, due
1979.
The
names of the underwriters will be determined by competitive bidding.
additional
1949—Month—1948
revenues
General
SEC
Proceeds
the
of
the
9
stockholders of Fire Association of Philadelphia.
Information regarding the actual basis of exchange of stock and
complete details in connection therewith will be released shortly, the
announcement said.—V. 169, p. 377.
.
filed
16
dissolution
Maintenance
/V;1.1.',,v
J.V ' •
.:V
v4
Duquesne Light Co., Pittsburgh—Registers With SEC—
,
consider
Operation
and
and
to
asked
be
of
for
Fall River Gas Works Co.—-Earnings
be reissued
Railway as
(b) 210,000 shares will be issued
the Canadian Pacific Railway.—V. 170, p. 981.
plan;
will
Period End. July 31—
Minnesota, which shares, upon
resold to the reorganized com¬
the price originally paid therefor and will then
of the shares deliverable to Canadian Pacific
pany
provided
stockholders
(1189)
Philadelphia National
Adjourned
special annual. stockholders* meeting scheduled
21 have again been postponed, this time until Sept. 26.
poration at thfe special meeting.—V. 170, p. 883.
company upon its incorporation
with which to begin business as
capital
CHRONICLE
of
disposed
follows: (a) 20 shares will be issued to or upon the order of the
reorganization managers prior to the consummation of the plan upon
payment of a consideration of $50 a share for the purpose, among
with
FINANCIAL
adjourned
The
as
others,
&
F. A. R. Liquidating Corp.—Meeting Again
debtor's
those
The
COMMERCIAL
THE
1949
Oper. revenues
(appro*.)
—V, 170, p. 884.
*
$45,758
Sept. 7
1948
$47,318
—Jan. I to Sept. 7-—
1949
$1,961,628
1948
$1,940,71?;
10
(1190)
Georgia Power Co.—Earnings$5,750,790
revenue
Operating expenses
Prov. for depreciation™
Amort,
of
Federal
Gross
Int.
of
1,800,000
759,041)"
6,062,112
5,108,313
General
4,852,055
3,519,045
Federal
income
$925,911 $12,445,394
324,009
4,150,740
$9,747~373
Gross
$1,194,075
debt-
debt
357,670
Crl 18,590
Cr109,732
3,765,740
Int.
disct.,
prem. and expense™*
Other deductions
Cr9,717
Cr9,965
«
CrlG,277
12,639
_
Cf85,109
income
1
Balance'"
—V.
•
170,
$628,896
$8,498,354
223,005
2,676,064
2,676,064
$5,822,290
$3,397",702
$405,891"
$610,725"
—*»,-r'
Gimbel
Inc.
(&
retail
sales
of
sold
of
240,155
Cr35
Crl61
Crl,014
Cr2,283
Cr2,558
Cr3,163
Cr21,356
21,725
paid
141,147,233 294,364,594 307,963,654
Gross
131,635,012 268,422,971 284,380,780
1,503,167
2,874,224
2,884,199
(net)
Total
radio
$1,022,723
66,156
66,156
626,699
1,363,170
599,057
$1,035,232
sold on April 27, 1948.
A
periods shown above, excluding
were
1,413,583
67,289
$2,535,395
41.2%.
96.7%
assets
30,
and
the
at
Indemnity
264,072
812,734
9,145,096
175,572
187,583
2,036,086
a
with
209,541
—*—
of' plant acquis.
adjustments
1,420,000
5,350,000
Other
5,050,000
$2,335,396
$8,108,216
2,352,790
2,123,464
—
Federal
17,005
16,776
206,334
201,316
taxes-
income
taxes
Net
970,000
193,333
253,525
213,903
2,264,143
2,254,582
199,014
159,364
2,020,333
$0.62
included
and
-
.
oper,
$467,309
$5,882,292
$5,061,324
3,087
$513,404
revenues—
cost
Federal
of
$3.78
goods
taxes
sold,
Balance
Int.
$3.29
excise
and
Other
taxes
tArising from
Philadelphia bank,-'
from
1333.
p.
*
(net)—.
25,440
—:
$616,082
.
amortization-
$470,397
72,044
$5,907,733
$5,057,640
788,826
division
new
Co. and
new
will
operate
under
the
of
name
Durkee-McCadam
will
distribute Glidden's Durkee margarine and salad
products
and
McCadam
Yankee
Brand
cheddar, process and cottage cheese*;
throughout the six-New England states.
•.
„•
Headquarters
and
warehouse
Cambridge, Mass.—V. 170,
Great Atlantic
;
the
of
Pacific
&
unit
new
will
be
located
in
Tea
•
-
4,451
-
•
Prov.
All
Co.—Company Denies
753,000
New
means.
York, Sept.
and
„
,
t
•.
yt
,
15,
asked
the
court
processing facilities and break
$3,612,650
2,182,820
$1.76
The company statement said in full:
This
action
is
Amciican
every
dinner
table
threat
a
citizen.
and
to
If
fewer
the
welfare
successful,
dollars
and
it will
In every
living
less
mean
this
Is
not
&
P
merchants
for
on
the
been
lines.
in
There
voluntary
groups
adopted
by
Inc.
merchants
There
'
,
,
,
>,
inc.
Fed.
taxes
is
sions
the
the
is
fact
that
nothing
involving
dissolution
us,
of
in
sold
we
good
food
./
process.
This
action
which
for
were
if
it
force
the
to
just opposite
to
meant
succeeds,
prices
to
increase
it
A
up.
will
&
purpose^
competition
to
only
policy
by
breaking
selling
But
who
off
: /
on
thousands
of
A
this
up
&
P
make
tht
as
for
us
quality
farmers
who
their products; and to
There has never been
threat
a
"
laws,'
prices down;
competition and
and
enormous
anti-trust
foods
at
to
kept
amounts
lawyers
that
it
is
millions
of
consumers
low
prices; to
hundreds
of
rely on us for fast,< low-cost distribution1
110,000 loyal employees.
'
question
any
our
to
sell
in
good
our
food
responsibility
V''
Gulf Oil Corp.—Names 16 to
Sixteen
staff
appointments
for
to
new
•
to
mind
that
it
is
comprising
the
.
managerial
rV.
.
,
new
in
the
staff
will
firm's
be
Mr.
Meador
explained.
facilities—terminal and
maximum
-
Among
the
new
and
It
districts
will
appointees
marketing
sales promotion and
in
coordinate
its
has
service
been
serving
Commercial
market
station,
as
Research
analysis
(he
all
marketing area,'
domestic marketing
were:
(he
was
will
head
W.
R.
formerly
sales for
Huber,
as
Manager
General
of
home
heating
and
the
marine
Manager of specialty, sales).; C. E, Skinner as:
Manager and will be charged with direction of
was
formerly engaged in marketing economics
department).
W.
C.
Havelin
..
is appointed administrative
assistant to
charge of divisional sales. He previously was
of the general office sales
department.—V. 170, p. 884.
.
of
not
more
outstanding
provides
for
interest
an
rate
in
.
the
a
Vice-
member
'•
200
2,400
2,400
312,909
171,083
3,044,482
2,922,724
2,206,613
2,022,906
$6,417,658
209,244
$5,840,529
11,266
$632,653
$6,626,902
$5,895,443
$789,506
to
res.
—v.
$1,125,622
Stores
788,029
301.021
6,206
83,614
71.035
3.333
2.916
38,716
170, p.
mads
88,674
42,843
23,768
$9,437
'
$3,608
$83,742
New
-
3,318
18,084
33,232
$6,927
$101,827
$63,986
233
2
3,350
$6,924
$98,476
1949—Month-—1948
$83,414
$84,616
$1,124,420
82,304
1,035,787
1,221
1,410
17,894
31,456
$8,423
$3,722
$106,528
$62,166
for
-«-V. 170, p.
234
3
$8,189
3,582
$61,460
$1.25
$2.09
interest
Subs.)—Earnings—
—3 Months Ended—
of
rate
(2)
;
Years Ended
$1,463,892
$1,900,253
$5,650,096
24,859
26,266
128,633
178,169
$1,488,751
$1,926^519
$5,778,729
$4,241,411
._;_*—.
its
of Nov.
property
amortization
1949,
fund
for
p. 884.
Bonds-r-'ri,
said
on
amount
,
cash
cases,
1,
1949,
*
.
.
of
consolidated
1,
1949, plus, in certain
exchangeable bonds to Nov.
.
3%%
as
*
refunding
per
for
Illinois
terest
July 2,'49 June 26,'48' July 2,'49 June 26/48
$14,721,038 $17,006,284 $59,846,542 $58,990,46fj
Cost of goods sold—
11,889,851
13,709,255
48,852,056
49,911,397
Prov. for depreciation—
256,684
236,036
1,067,299
903,944
Sel.., gen. & adm. exps.
1,110,611
1,160,740
4,277,091
4,111,883
income
1,
1949.
RR.—To Refund $52,201,000
as
Central
annum.
like
a
$4,063,242
Central
;
principal
/
-
^
bonds, due Nov. 1, 1955,
of
amount
are
consolidated
Louisville
Division first mortgage 3!/2%
bonds,
exchangeable for a like principal amount of
bonds, series C, due Nov. 1, 1974<, bearing in¬
1949 to maturity at the rate of 3%% per annum,
1953,.
1,
consolidated
•
income
from
below,
Illinois
are.
mortgage
from
Nov.
in
1,
cash
per $1,000
bond exchanged. Interest accrued be¬
and Nov.
1, 1949, will be paid at the time of
^exchange. The $4.58 is equal to interest at %% per annum from Nov.
1, 1949, to July 1, 1953, less lU% per annum, the difference
between
the
July
interest
rate
(3)
which
rate
the
on
1949
1,
the
bonds
new
will
bear
and
the
interest
exchanged bonds.
—
Operating
period ended June 30,
money
dated
be
accrued
out
tween
Other
of
use
to
due: July
884.
(&
Oct.
National
Its Bonds—
the
plus, $4.58
sales
Chase
mortgage
bonds, series B, due Nov. 1, 1979, bearing interest at the rate of 5%%
per annum from Nov. 1, .1949 to Nov. 1,
1955 and thereafter at the
rate of 33/t%
per annum.
706
$102,946
$3,719
capital share—.
Hazel-Atlas Glass Co.
The
at
six months'
the
exchangeable
.
per
payable
Illinois Central refunding mortgage 5 %
Non-operating inc. (net)
Earnings
in
Bank, New York, N. Y.
payment is made pursuant to judgment dated May 26, 1949 in
action by Dennis A. Callahan et al., and not
by reason of surplus in¬
the
$30,711
income
is
be
due
the bonds be
quoted
Saturday, Oct, 1, 1949; that
"Flat," and to be a delivery
on
dealt
will
bonds,
1949.
mortgage 4% bonds, due Nov. 1, 1955,
are exchangeable
for a like principal amount of consolidated mortgage
bonds, series A, due
Nov. 1, 1979, bearing interest at the rate of
4%% per annum from Nov. 1, 1949 to Nov. 1, 1955 and thereafter at
1,031,718
$88,633
*
bond
be
l.
This
(1)
$1,062,423
76,212
_$2,312
Gross li. come
to
bond
income
Oct.
of Exchange
contracts made beginning
the April 1, 1950, and subsequent coupons.
carry
Interest
and
1949—12 Mos.—1948
1—■
Interest charges
73), due
directs that
Exchange
$1,000
per
continue
$1,000
per
adjustment
settlement
must
mortgage
$1/29
taxes
&
Stock
$10.02
shall
$10.02
(No.
coupon
coiipons maturing after Nov. 1,
1949, for a like principal
its (Consolidated mortgage bonds, to be issued under its
$63,277
$2.00
31—;
revenues
exps.
York
ex-interest
the bonds
the
able
709
$11,720
capital shr.
per
of
RR.—Interest Payment—
amounting to
on the
5%
1949,
EXCHANGE OFFER—The company offers to holders of the
exchange*
bonds the right to exchange said bonds, with all
appurtenant
$30,753
2,517
.
1*
; The company desires to provide* at this time for the refunding of
part of its outstanding bonds maturing in the years 1951-1955, both
inclusive, and accordingly submits a proposal for the exchange of bonds
to be issued by it under a new mortgage for the
exchangeable bonds.
85.582
3,073
$11,954
Interest
surrender
on
1949—8 Mos.—1948 ' V
$1,175,566 $15,719,718 $18,755,454
$950,825
-
Manhattan
&
of
Oct.
on
1957,
in
1949—Month—1948
691."
Exchange Offer Outlined—
35.000
6.884
3,943
—
389,588
$4,370,590
Corp.—August Sales Decline—
„*
Illihois Central
$1,047,160
63,969
6.942
income
389,588
$4,637,100
884,
p.
Payment
1949—12 Mos.—1943
$86,659
55,503
inc.—net
1,135,265
$4,760,178
preferred stock
purchases of bonds held by the public.—V. 170,
$87,454
accru.-
1,600,214
$5,026,688
of
-Earnings-
1949—Month—1948
I
120,208
This company disclosed that
its 5%
adjustment income mortgage
bonds, due 1957, had been reduced to a total of $17,605,000 on as
Sept. 12 from the $20,849,000 of bonds outstanding on Dec. 31, 1948,
through the notes to carry
the latter part of 1949.—V. 170,
is
54,914
$512,445
.
Reduces
obtained
program
$621,387
'
49-
144,189
applicable
170,
Sales
of
$7,202
Chicago,
St.
Louis & New Orleans
consolidated
mortgage
3V2%
and 5%
bonds, due June 15, 1951, are exchangeable for a like
principal
consolidated mortgage 3%%
bonds, series C, due Nov. 1,
1974, bearing interest from Nov. 1, 1949 to
maturity at the rate of
33,4% per annum, plus $2.03 in cash
per $1,000 31/2% bond exchanged
and $26.41 in cash per $1,000
5% bond
of
amount
exchanged; Interest accrued
June 15,
1949 and Nov. 1, 1949 will be paid at the time of
exchange.
The cash payment on the 5%
bonds is equal to interest
at %Vc
per annum from Nov.
1, 1949, to June 15, 1951, plus 1V4%
per annum, the difference between the interest rate on the
5% bonds
exchanged and the interest rate cn the new bonds. The cash
between
(est.)
563,000
748.000
2,156,500
$925,751
Cash
$1,178,519
$3,622,229
.
dividends
Earnings
—V.
169,
651,613
share—
per
-
1,588.000
651,613
$0.42
$2,653,41L
2,606,454
$0.54
3,040,863
$1.66
$1.22
.
2209.
p.
payment
the
on
3 y2%
from Nov.
the
on
bonds
is equal to
interest at the rate of %%
per
annum
1, 1949,
to June 15, 1951, less V*% per annum, the differ*
interest rate on the new bonds and the interest rate
between the
ence
3V2%
bonds
exchanged.
.(4) Chicago, St. Louis & New Orleans, Memphis Division first mort¬
bonds, due Dec. 1, 1951, are exchangeable for a like
principal
amount of consolidated mortgage 3%%
bonds, series C, due Nov. 1,
1974, bearing interest from Nov. 1, 1949 to maturity at the rate of
.
Home
Insurance.
Co.,
New
York
Reports
—
Record
Income for First Half of 1949—Assets Also at All-Time
Peak—
Man¬
advertising
for the-sales department); and G. T.
Ryan as Operations Manager
and will be responsible for storage and
transportation of products and
maintenance of divisional
marketing facilities (he was formerly with
the sales operating
President
value
operating income
entire
primarily retail farm;
markets); D. P..
Clark
as
General
Manager,
direct
marketing
(he
was
formerly
Assistant General Manager of
lubricating sales and is in charge of
the primarily
direct-to-customer commercial,
contractor, industrial,
fleet and transportation
markets); W. E. Dermody as Advertising
Manager and will head the advertising department with
responsibility
for all
advertising in support of sales and company goodwill (he
airport,
and aggregating
market
charge of all petroleum and allied product
bulk plants, rolling stock, retail
outlets—for
efficiency and for better service to the consumer.
,.v
-
retail
ager,
and
in
divisions
funds
use
income
tax
corporation's reorganized program of sales in its domes-,
marketing divisions, were announced Sept. 23 by H. G.
Meador,
Vice-President for divisional sales.
The
of
{
tic
sales
loan
8.295
charges
Net
f
•.
this
to
July 31—
Period End. Aug.
good
as
3,252,055
2,123,378
'
$645,366
Howard
The
total
a
our
Managerial Positions—
positions,
plans
construction
of;
wish,
cheaply as possible,
customers, our sup¬
pliers and our employees to defend this
company and that theory by'
every legitimate means.—V. 170, p. 10821
feel
we
year
fair
banks
taxes
Operating
Operating
alive
our
business and good citizenship
the
Net oper. inc.——.--i
Net
is
with
taxes
Net
keep
down
maintained
could
company,
parts.
this attack
one
or
———
Non-oper.
justify:
anti-trust
2,464,297
.199,153
,
income
through
Earned
the
believe
we
rely
and
Fed.
.
the
and
cut
always
within
value
par
revenues
Net
of
its
General
lp
the
serve
P's
competition.
the owners of
Frankly,
money
r
Is
3,629,446
181,839
$739,555
Balance
come
States
Gross
.
284,212
deductions
-V.
set
spirit of
and
of
v—
Chase
and
borrowings up to Oct. 31, 1949, with any subsequent borrowings
the then existing prime rate for notes of like character.
Int.
Obviously, it is the theory of the anti-trust lawyers that the
people
of America have no
right to patronize a company if their patronage
will make that
company grow;
and that any big business must be
destroyed simplyv because it is big, and evenfif the public
gets hurt
In'the
maturing
agreement
Retirement
cheap.
any previous court deci¬
.
Co.
j
themselves
Co.—Earnings—
395,380
tax
——*
revenue—*
Hudson
company to borrow
within nine months, as
June
Maintenance
too
operations, or in
the anti-trust laws
our
or in
A & P.
S.
200
income
Dividends
on
Oper.
is
There
before
the
Operation
and in the same pattern here under
attack.
lawyers succeed in destroying A & P, the
way will
the destruction of every
other efficient large-scale
nothing even approaching monopoly here; lor as
every
housewife knows, the retail
grocery business is the most competitive
in the country and we do
only a small part of it.
Nor was there
ever
any charge that we raised prices; for the whole basis of
this
attack
of
Period End.
of.
every
operating;
methods
for
in
U.
versus
283,290
income—net—j—
Net
authorized
p. 884.
.
individual
5%
Gulf
country and the methods)
other
grocers,
as
well
as;
today literally
hundreds of
are
$7,000,000
drafts
at
this
of
has
unsecured
on
and
anti-trust
cleared
distributor.
"
store
have
and
same
the
If
chain
to
forward
of *
■;
first
1948;
214,601
oper.
Gross
Unsecured Notes—
notes, to mature
part
of
a
loan agreement
With the Irving Trust
National Bank, New York.
*
Although the agreement with the banks calls for
The
to
other
in
stores
with
be
the
was
developed
we
chain
effort
an
pioneered.
company
A
;
Just
on
Federal Power Commission
$1,433,163.65
2%
envelope,,
>
destry A & P but an attack on the
entire system of efficient
low-cost, low-profit mass distribution whichThis
The
$1,433,163
Haverhill Gas Light Co.
standards
food
pay
share—__.
per
V To Borrow
;
■
of
$1.66
.—*
securities
to dispose of its
manufacturing
the company into smaller chains.
up
Earned
r
,
compare
items
$29,296,453
1949—Month—1948
1949—12 Mos.—1948
$2,834,366
$2,518,576 $29,223,364 $25,987,531
952,236
946,946
11,458,468
9,823,539
investments—
other
Net
668,000
$4,325,800
.*
-
shares——
common
than
Charge—To Fight Suit—Describing the suit
this company as a threat to the welfare and
living standards of every American citizen, officials of
the company announced
they would oppose it with everysuit, filed iii the Federal Court for the Southern District
to
total
$5,078,800^ $4,280,650-
•
2,461,299
stock*
to common
notes
to dissolve
The
and
principal
end
84%
12.7%."
shows
limited-term
of
Other
33,440
—
15, 1950, only $1,433,163.65 of the
amount requires FPC authorization because of
exemptions permitted
under Section 204(e) of the Federal Power Act.
This section permits
a
public utility to issue, without prior approval of the Commission,
Anti-Trust
legitimate
of
up
398.
p.
the
amounted
the
of
1949,
$107,440,297;
other
bonds
$122,046,G07f
investment
in
The
$7,122,847, against $6,871,511.
Company
revenues—clec.—
electric
743,549
40,106
68,474
1,359
Net income
$542,678
$397,471
Preferred dividend requirements———-—-j——
No,
joint marketing division to distribute marglT-;
rine, salad and cheese products in New England was announced
by the
Glidden Co. and the McCadam Cheese Co. of
Ogdensburg, N. Y. on
sept. 17.
'''O;;;
The
30,
year.
40.3%
total
unearned
"Period End. Aug. 31—
a
first-half
$292,197,812,
at
premiums
last
was
$141,729,267
Amort,
3,684
2,678
deductions
Applicable
Glidden Co., Cleveland, Ohio—New Affiliate—
The formation of
of
against
Houston Lighting & Power
income.
on
broadcasting,
from
interest
earned,
other nontrading sources.—V. 169,
and from
Other income
;v.,.■■■
$1.00
in
at
banks
$31,027,607
$109,769,689,
Period End. July 31—
1,755,038
—„
$7,176,362
-
June
Among
in
to
period
written
improvement
an
of
1948.
losses
same
year's
1948,
record
21,
of
the
premiums
this
as
new
ratio
in
net
hand and
Depreciation
8,157,193
1,924,902
result
a
Amort,
214^189
$1,565,395
sales
804,353
of
sheet
on
Maintenance
:——
as
premiums
were
$143,860,258
at June
30,
at the year end; reserves for losses were
$32,compared with $33,879,862. Surplus rose to
$79,178,432 from
$73,823,520 and capital stock was $20,000,000 against
$20,013 595.—
V. 170, p. 205.
1949—12 Mos.—1943
™™_„„
effected
278,571
$2,051,004 $23,907,132 $21,477,822
,
in
Dec.
cash
compared
for
to
first-half
reached
the
year
55.5%
ratios
$123,919,743
Reserves
Co.—Earnings—
$2,272,418
*.**-
operations
taxes
balance
bonds
stocks
Home
1949—12 Mos—1948
$5,032,947
$4,728,732
1949—Month—1948
$3,755,396 $13,458,216 $12,226,362
of
taxes
in
$285,245,438
June
this
against
as
Operating
company's
Oper.
revenues
Depreciation
taxes
—„
share
months
expenses
balance sheet,
on
594.
p.
Maintenance
$3,688,107 $13,194,144 $12,012,173
118,668'
net
170,
$956,567
1949—Month—1948
$456,644
$408,921
-
Operation
———
from
properties
gas
July 31—
revenue
Operating
1,270,132
1,072,126
$2,416,727
than
$69,972
$98,433
——
six
43.7%,
of
Government
$1,101,388
5,513
!
.5,513
Gulf States Utilities
3,829,022
stock
•Other
deducted
4,107,426
723,598
Federal
common
stock
Period End. July 31—
2,515,222
1,827,776
expense
Net
,
2,98.9,076
632,507
_*.
profit
Net profit per
—V.
rents
income
for
1,267,465
1,820,449
**—
income
on
$75,485
$103,945
pfd.
on
improved
more
large
Operation
1,231,938
1,524,993
——
profit
tCredit
Prov,
less
debt
with
the
income
first
was
admitted
&
repairs
—.
&
$126,529
——
Gross
—*,
*—
Interest
$1,240,007
25,176
debt
Period End.
de¬
Depreciation
received
-
debtdisct.,
of
the
against
against
745,985
due
ratio
The
5
comparison of gross revenues for the
revenue from gas operations, follows:
$
119,811,877
goods
The
391,643
567,101
taxes™)
NOTE—Company's
$
UC"
expenses
Rents
442,693
78,867)
101,299
and expense—
deductions
Net
1949—12 Mos.—1943
$
128,222,089
Maintenance
"In
earned
I
long-term
Dividends
(in-
leased
IbtU
part men ts»
•Taxes
48,000
401,171
and
Subs.)- -Earnings—
1949—6 Mos.—1948
July 31—
$
of
48,000
in
and
The
against
Brothers,
Period End.
Cost
4,000
932.
p.
those
4,000
$1,297,166
176,336
Balance
Net
2,591,764
$6,073,766
_223,0_05
stock
2,280,980
454,165
mergers.
al?o
satisfactory
results accomplished
this year
degree to the underwriting policy which the
management has applied in the development of the
company's widely
diversified business, from the smallest to the
largest risks.
$5,475,729
34,833
prem.
17,603
$833,730
™—
preferred
on
$5,032,946
202,567
$38,653
■■V 16,492
on
Other
Net
taxes
Amortiz.
*
Dlvs,
$408,921
40,000
depreciation™
Amort, of plant acquis.
adjustments
*«_™_™
business
the
are
184,814
—
for
Monday, September 26; 1949
increased
$456,643
Operating expenses
Prov.
CHRONICLE
1949—12 MOS.—1948
1949—Month—1948
31—»■
income
taxes™)
long-term
Amortiz.
1,800,000
1,157,039
income
on
150,000;
,
*_)
income
36,849,003
5,662,900
FINANCIAL
&
Co.— -Earnings—
Power
Period End. July
Gross revenue
6,106,500
150,000
taxes
36,516,540
3,015,335
469,700
535,750
—
General
1949—12 Mos.—1943
$5,320,938 $67,782,602 $62,686,644
2,723,665
acquis.
plant
adjustments
Gulf
1949—Month—1948
period End. July 31—
Gross
COMMERCIAL
THE
•The
June
33/*%
interim
30,
shows
report
1949,
made
of
this
public
for
company
Sept.
12
by
the: six
Harold
months, ended
V.
the
largest net income for any six-months
pany's history. Total admitted assets also were at
Smith,. President,
period in the com¬
an all-time
peak.
Net premiums written and earned premiums both
continued their'
upward trend in the first-half of 1949, and represent the largest of
any
American property insurance
company, amounting to $82,195,695 and
$80,064,704, respectively.
profit from sale or redemption of securities in the amount
$415,242,
net income from dividends and interest of $4,210,410,
and
net
profit from underwriting of $11,917,055,' aggregated $16,-542,707 in the first six months of 1949. After provision for Federal
income
former
of
the
for
taxes,
first
the
In
1,
six
that
message
of
totaled
$11,543,486.
Since
nine
of
ten
insurance companies were merged into the Home
and
months
first-half
his
in
the
of
will
one
of
as
1949
of
are
July
not
1,
1948,
strictly
operating
comparable
results
with
1951,
The
the
first
six
months
of
pointed out; that—
1949
of
will
for.
increased
corresponding period of last year,
%%
be
directors
of
of
directors
will
not,
as
offer
will
be
in
1,
per
effective
the
cash
1949
will
be
for
time
rate
unless
the
on
it
or
before
Oct.
to
declare
the
be
this
issue
is
Bondholders
be
deposited
bonds.
y
operative by the
on
notified, and the new bonds,
delivery shortly after Nov. 1,
must
exchanged.
on
exchanged
declared
is
discretion
company
have
for deposit may
bond
1949
payment
so
Exchangeable bonds
of
1,
cash
equal to
from Nov. 1, 1949, to Dec. 1,
difference between the interest rate
payments herein provided for will then
but the
Nov.
The
annum
they may deem expedient.
ready
$1,000
per
and
exchange.
annum, the
and the interest
not
of
the
of
per
bonds
board
or
June
time
rate
y4%
new
offer
$13.02
between
the
at
the
at
plus
the
on
plus
annum,
accrued
paid
who
28,
1949.
offer
have
The
operative
accepted
in temporary form,
1949 and the cash
made.
or
on
before
Oct.
be extended in the discretion of
17,
1949,
the board
directors.
those
The
1948.
to stockholders, Mr. LSmith
be
interest
income
fire
1948
"Net income
over
net
affiliated
June
per
Interest
board
.
.
Net
of
as
gage 4%
ICC
,
offer
for
the
is
contingent
issuance
of
upon the necessary
the new bends.
.
.
substantially
reflecting, in part
Acceptance of the offer is voluntary,
the
offer
will
retain
all
their
present
authorization
,
from
rights.
the
_
and holders who do not
accept
Volume
170
Number 4841
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(ii9i)
n
'
%
■
Those
METHOD
to
desiring
OP
the
accept
ACCEPTING
"and
Loeb
&
Co.,
agent
as
William
52
and
Street,
depositary
who
will be compensated
connection.
In
the
for
York
New
5,
who
President
■
1
OUTSTANDING
FUNDED
DEBT
OF
COMPANY
Louisville
Division
3V2S
of
St. L.
&
N.
O.
RR.
Co.
5s
St.
&
N.
O.
RR.
CO.
3V2S Of
1951
Other
i
Sterling
4s
of
mortgage
1st
•
mortgage 3V2S
4s
of
Extended
3 Vis
St.
1951
of
Division
St.
Louis
Division
Purchased
Lines
3Vis
Division
Litchfield
trust
-Collateral
Co.
bonds
Series
Bridge 4s
CO.
'
!_
7
,
Net
Grand
certificates
of
i
required
for
of
being
the
such
$33,138,000
would
company
redemptions.—V.
Insurance Co, of North
and
be
John
A.
-act
upon
stock
>
Diemand,
had
be
called
increased
stockholders
If
tors
will
declare
.capital
stock
from
Americar—Proposes Increase in
$15,000,000
stock
a
for
dividend
each
to
five
equal
shares
Diemand
Mr.
to
of
equal to 20%
shares
50
said, the
held,
three
directors,
are
•,
.
Employees
year.
the
in
The
foreseeable
future."
the.
■
v
•
■
.
of
and
America
totaled
its
attune
Machines
Business
The
Corp.
-.
:
United
States.
on
Mr.
Sept.
Watson
will
serve
as
Chief
1
they
-were
occasioned
-
J.
Thomas
1
-
Watson,
Vice-President.
Executive
•
.
Vice-President and
Mr.
Watson,
Jr.,
a
N.
Y.,
elected
was
New York.
William
*•-
Lewis,
L.
with'
Vice-President,
.•
:•
-
I.
-.7
IBM
Manager
of
headquarters
in
at-
to
promoted
Homer
to
F.
production
Eridicott,
"
The
arately
new
from
of officers
IBM
the
and
Trade
domestic
directors...
.
and
engineering,
at
also
Endicott,
sales
the
in
was
month
will
be
and
...
;
operated
under
..
was
entirely "
separate
a
,
,
■
of
'
(&
the
the
in
first
six
total still
of
amount
banks,
the
and
additional
equipment
corporation ii
The
S.
of
with
the
$3,846,000 oh
bonds
due
dollar
Subs.)—Earnings—
1949—12 Mos.—1948:
$434,615
"$1,776,723
$0.29
credits
$1.18
from
income
net
is
reorganization
was
March
months
12
U.
Not
effective
the
payment
4%
.
tax
credit
was
the
dompany's
sell
to
Co.
at
170,
31,
equal
1948,
to
$1
hence
available.—V.
construction
the
entire
price
a
of
of
$273,00,0.
share.
a
The
comparison
no
170,
available
885.
p.
of
;
,
The company
Massachusetts Mutual
program.
issue
101
to
plus
interest
accrued
from
said
Life
Sept,
1083.
p.
rv,
has applied to
competitive bidding,
company
and
sell,
at
Oct.
1,
.Proceeds
.
SEC
for
$10,000,000
authorization
first
of
to
the
bond
and
sale
will
acquisition
of
be
t6
applied
The
company
on
Sept.
for 3,000 -shares
of
SEC.
$45
share.
per
additional
Stock
filed
14
capital
will
be
offered
17 in ratio of one-for-eight.
shares not subscribed for will be
subscribed
in
shares-will
which
sion
bonds,
part,
in
property.—V.
company
then
166,
be
157,
Rights
to
with
be
the
offered
stockholders
of
at
record
expire
offered
offered
$25),
to
1
the
468,
p.
-
notification
of
(par
Oct.
Proceeds
serves.
program.—V.
letter
a
stock
Sept.
inr
issue
mortgage
finance,
Kittanning (Pa.) Telephone Co.—Files—
.
t
■
the
1979.'';^ ■//■;,' :"v
of
construction
April.
by
Novnl* after which
employees and any un¬
8 to public
in the area
to
Nov.
will
be
used
to
finance
expan¬
2252.
p.
Kroger Co.—Current Sales Slightly Lower—
J
compared
as
decrease
of
of
12.1%
Period End. Sept. 10—
with
^
Sales
13.2%.
from
sales
■}■
this year.
sales
of
this
fiscal
slight gain
a
over
1949—4 Wks.—1948
$58,677,687 $58,841,421
The
"
months
showed
the
mctor
1948, the gain amounting to. 2.2%.
decline of sales in the third quarter was
truck "sales.
Sales of farm implements*
industrial
credit,
made,
the
power
subsidiary,
new
'
number
average
epded Sept. lti, 1949
ot
was
stores
in
during the four
2,242, compared with 2,423 during the
p.
*
1949—36 Wks.—1948
$557,846,080 $555,359,903
operation
sponding period of last year.—V. 170,
International
Lake
i
weeks
corre¬
1
788.
St.
John
Power &
Paper Co., Ltd.—Partial Ret
demption—
!
The
;■
has
called for redemption on Oct. 17, next,
$200,000
sinking fund bonds, series B, 3V2%, at 100 and inter-t
,est.; ; Payment will-be made at the Imperial Bank of Canada in Mon-,
(treal, Toronto, Winnipeg or Vancouver, Canada, at the holder's option:
company
of iirst mortgage
—V.
Harvester
170,
495.
p.
June
and
the
operations
but
without
efficiently
the
15
be
Auburn,
to
found
•
whose
operations
Auburn
a
Lees &
Sons Co.—Fall Ad
on Sept.
8 that 65 full page
will be inserted by this company in
color,
the
nation
in
the
next
few
weeks
to
;r
advertisements, mos£
Sunday supplements
give impetus to Home
fFashibn Time, the Fall Promotion of the home furnishings
industry,
starting Sept. 22.
V, /
The company is also
providing portfolio, mats, display pieces and
'other helps for
dealer tie-ins in the cities where the national ad¬
vertising is scheduled.
The Lees
ads will
continue the same theme
.
..
.
that
has
In
i
two
won
addition
top national
to
the
.
advertising awards
in .18
months.
advertising, three full
two in American
newspaper
is
Sept.
on
said
the
1949
21,
directors
buildings
and
time
as
the
best
in
1,800
offered
to
the
sell
had
authorized
Auburn
plant
Vice-President of
a
transfer
of
the
con¬
building
be
and
could 1 decide
interests
is
With
still
these
at
?.
pages
will
Home
and
Sunset.—V.
quarter of
transfer
The
could
plant
em¬
170J
relations
believe
we
for
demand
the
questions
national
there
will
products
are
income
The
continue
unsettled
business, but
,
Share
same
through
rate
the
in
as
the
final
third
of
quarter
the
quarter.—V.
170,
fiscal
p.
at
year
about
398.
of
stock
the
on
class
after which
is
basis
of
convertible
added
to
A
no
for
each
additional
•CAPITALIZATION,
the
had petitioned the Court
System,
Mr.
;
Brickley,
tures totaled
before
:
in
Court,
v
.
approve
payment of
the $478,224 interest
hearing
a
District
stockholders'
by
scheduled
was
in
Court
authorized.
to be held
with
connection
the
on
the
•
deben¬
in
October
of
move
group
liquidation
prevent
to
and
a
dissolution
th:? Securities and Exchange Commission' in 1942.
Interest on the 6% debentures due April 1, 1944 at
be
6%
■
$15,940,800 and that said cash on hand now is $1,351,363
Meanwhile,
*
the pay¬
■
remaining outstanding
the
said
to
~
in
minority
as ordered
r
rate of 3%
unpaid principal amount Of $600 ($18 on each debenture), will
the Chase National Bank of -the City of New York. 43
Place,
Milk
or
York 15,
St.,: Boston 6,
at the First
Mass.,/ or Royal
New
Toronto, Canada.
.
or
>
•
;
•
.
National Bank, of
Bank of Canada,
.*
'
•
.
The
debentures
returned
p.
983,
along
will
with
be
stamped to show
check
a
,
covering
.
the
such
f
interest'payment and
interest payment.—V. 170,
'
".
.
into
class
for
common
A
each
'
,
capital.
EFFECT
4%
note
instalments
due
Dec.
1951
£%
instalments
t6 Sept.
Indiana
Preferred
Authorized
$500,000
in
..
1,000,000
2—
stock
•
.
1,000,000 '
1
i—
200,000
(par- $10)_:___-___
A
common
stock
an
effective
amendment
Sept.-17,
(par
(no
of
116,300
"
'
.34,382 shs.
'
$5.)
100,000 shs.
""eoO.OCO shs.
par)
%
7,500 shs.
the. company's
"19497 the shares
-
250,000 shs.
pfd. stock, 75c convert, series
Cum. pfd.-stock, 90c convert: series—-
Cla'ss 'B common stock
of
75c
certificate
cumulative
209.041 shs,
7,500 shs1.
of
incorporation
convertible
ferred
pre¬
stock immediately theretofore
outstanding were changed into
equal number" of shares of tlje series of preferred stock designated
cumulative
of
(
$500,000
.
Sept." 1,
1, 1956, incl.—-
,—-
'
Outstanding
in
Cum.
Class
aif
the
FINANCING
serial debs, of "Liberty Loan Corp.
of
f
PRESENT
31,
31, 1954, incl.—'
subordinated notes due
semi-annual
"
serial
bA
•
TO
1949 to Dec.
8-year
•By
the
made, at
Boston, -45
subordinated
>;■ semi-annual
Federal
of
A
by
working
GIVING
7
Judge Francis J. W. Ford at Boston, Mass., on Sept. 19
approv'ed payments of $478,224 representing interest due Oct. 1, I949>
on the
outstanding 6% debentures. Attorney Bartholomew A. Brickley,
time
any
class
right to convert shall exist.
;
International Hydro-Electric System—Int.-Authorized
at
of
net
proceeds
(approximately $1,336,000)
will
company's cash balances and will be utilized
the
company .as
the
3%%
ment,-
share
one
31,, 1954; thereafter, three-quarters of a
share of preferred through Dec.
31, 1959,
PURPOSE—The
It
experienced* probably will tend to level off rather than to /show further
sharp declines. If we are correct in this estimate, our business should
stock
preferred share thrbugh Dec.
yet
as
preferred
new
common
make.
we
The
new preferred stock is callable at
any time at $16 on or befor^
31, 1954, and at $15.50 thereafter, in each case plus accrued
dividends.
The stock is also subject to redemption
by a sinking fund.
Dec.
1949 fiscal year,
our
the general
and
present,
effective
labor
the
community.
■.
conditions
important
continue
and
Liberty Loan Corp.—Preferred Stock Offered—An un¬
derwriting group headed by Riter & Co. offered Sept. 21
a
new
issue of 100,000 shares of cumulative
preferred
stock, 90 cent convertible series (par $10). The stock
was priced at $15
per share to yield approximately 6%t
might exert an influence over our fourth quarter
is not possible to make any reliable forecast of events in this field.
is cur belief that the downward trend in sales which has been
it
..
Garden
692.
p.
-
levels
high
and
whether
the
of
,
the fourth
enter
we
substantial
a
Several
it
persons.—Ed.]
income
high.
to
appear in the Saturday Evening Post,
-one each in House Beautiful, House &
„
such :a
affected
farm
,
Campaign—
announced
was
full
across
Y„ jts
N,
factory by Nov. 1,
1950.
find products which we
Works.
4.
to
for
in
em¬
that
success,
at' Auburn
may.
It
announced
company
community .of
at
(James)
-
.
purchaser
be
OUTLOOK—As
;
sep¬
group
'
In
Boston
the
Federal.
$0.24
tax
1949.—V.
i
decline
a
Bank
Iowa-Illinois Gas & Electric Co.—Seeks SEC
Approval
Bond Issue—
'
'
'
•
sales
in
terminate
land,
Montreal,
,
by
$364,483
estimated
for
arranged
The
moderate
accompanied
City of Auburn, N. Y. for $1. Ralph C. Archer
'
Corp.
Central
of fiscal
our
of
a
Exchange
Superintendent
organization,
...
appeared
in
.
Superintendent.
World
high
and
company,
be
.
Assistant
first
decline
quarter of
company
Federal
Works Manager thefe.
Bockstaver,.
has
1,
June' and
the
satisfactory site.
have, "following a precedent "set
until
sales
a
and
finance
1949—3 Mos.—1948
1.500,000
the
income
Insurance
income
as
equipment to any public body.
Mr. Archer said the offer, to convey, the
plant to the City would stand
Homans,J Jr.,
promoted to Factory
recorded
continuation
indicated.
in
would
the
the
of
7,
■•,('
.
Vice-President.
elected
Smith
the
was
which
the
WORKS—On
to
ployees
■.--.,7'-'
-/7" -Assistant ta the President, was promoted to
Executive Assistant at the Poughkeepsie factory.
*
■ •
Charl-.s
F.
McElwain,
factory
Superintendent
at
Eridicott, ' was
-was
year
sales
months
field
hope
trustee
joined
the
$4,000.
elected
was
addition,
amortization
shares
% due
^
i
are
(May,
very
were
cern's
capacity in 1937, and became a Vice-President and a director in 1948,
Dause
L.
Bibby, General Manager of the IBM at
Poughkeepsie,
f
it
$2.90
stock
common
first;
Central
Company has applied to the FPC for authorization to issue $1,250,000
3%%
first
mortgage bonds, series B, to be dated Sept. 1, 1943,
to mature
Sept. 1, 1974.
Proceeds of the issue would be used
20,053,000
$3.50
special
a
Power Co.
on
to -.finance
of
-
director,
The
and
41,196,000
of
in
manufacture
We
growth of IBM and its
world which require greater
'
•
,
Jr.,
in
61,249,000
28,199,000
fiscal
;
(The
Phillips,
company.
of
about
executive personnel.
Executive Vice-President
and a
director, was
elected President.
Mr. Phillips, who joined IBM in 1918 as Secretary
to
Mr.
Watson,, has served in every other corporate office in the
G.
77,103,000
tax
over
the
Iowa Electric Co.—Seeks Authorization
to Issue Bonds
9,503,000
72,000
in similar instances, set aside
$1,000,000 to be paid to employees with five or more
service, either in pensions or as special termination allow¬
ances! 'Individual payments
to employees who remain with the opera¬
tion until terminated will range from about $100 to a maximum of
.
Officer
for
years.
maturity
York
to
rapid
by " the
program
of expansion throughout the
division cf responsibility and increased
John
sh.
net
51,668,000
5,455,000
Dr319,000
income
expected,
years
both companies" and will divide his time between the domestic and
•foreign organizations.
In announcing these changes and several others, Mr. Watson said
/that
71,973,000
companies—
approximately
•
Executive
year's
New
exported
income____________
reorganization
52,846,000
development of the third- quarter
u'S.
We
announced
19
the
could
Expansion
.
to
and
bonds
fincluding
$
Such
tractors
Works
the following promotions
and changes in its executive management for- the United States and
the rest cf the world.
""v ,"7" :7
Thcma-." J.
Watson,
President of the company, since 1914,
was
elected
Chairman
of
the board: Chairman of the Executive" Com¬
mittee and Finance
Committee of
the corporation,
and Chairman
of
the
board
of
the
IBM World Trade Corp.,
newly organized as
a
wholly
owned subsidiary to
handle
IBM
business outside
the
corporation
the
Without
1948
55,923,000
expenses
(net)
largest factor
Efforts
capital stock
—
of
Per
704,644,000 689,601,000
576,748,000 585,087,000
charges
oper.
subsid.
ployees of.Auburn .Works
using market values of
1949.—V: I70> p. 594.
30,
Brings Changes in Personnel—
-
other
admin,
share of
were
AUBURN
affiliated. companies,
$346,358,585
International
;
.
:
—
Corp., has been, operating since April 26. Its principal activity
financing the notes of dealers and distributors for goods they buy
from
held in 13,861 accounts at the close of 1948, the average holdings
some
11,000 individual stockholders being 70 shares.
Assets of the
North
first
the
sold
used, principally
Period End. June 30—
Net
604,442,000 596,862,000
100,202,000
92,739,000
;
reduction
In
is
were
securities,
884. .-7';;
48,910,000
nine
decision
""'
four
dated
annually
annum
Credit
who
$15,000,000
America's
being
be
Interstate
t;
.
six
equipment also were down, as
compared with the same quarter of. 1948.' These reductions were pot
offset by slight gains in
sales of steel, twine and. total sales to
overseas countries, nor by more substantial
gains in sales of refrigera¬
tion, and total sales to Canada.
max mum
a
In
holdings of Spanish Government
Dec; 31, I960.—V. 170,
p. 983.
formal
a
within
1949
»
our nine-month dollar
The
1
«
North
shares of
1,500,000
together
170, p.
States
quarter sales also represented
Because
the first
its decision to recommend; an increase in the author¬
ized capital stock,"
says Mr. Diemand in a letter to stockholders,
:"the board was influenced by the fact that, while the stockholders
during the past 20 years have Increased the paid-in surplus by some
$17,960,000 through
subscription to
additional
stock
at prices in
excess of
par, the present maximum capital authorized by the stock¬
holders in 1930 "is only $15,000,000.
The board, therefore, concluded
that it
is prudent to provide for increases in capital stock
needed
:
and
and
Federal
those
third
year,
"In reaching
.
for
the preceding
7
direc¬
elect to
purchase stock under the plan, however, will not share in the pro¬
posed stock dividend.
The number of eligible employees would be
.approximately 3,250, including officers of the company, of whom
one
ensuing
its
Co.—Earnings—
United
from
received.
farm
their annual salaries with
any
covering
are
will
manufactured
(terms
Equal Rights
it withheld
get
sales
trend
Our
•
of
in
lines
income
might
in
share of the increased
bringing the outstanding
,
amount
an
However,
two
NOTE—Dividends from subsidiary companies
one
to $18,000,000."
Furthermore,
Mr.
Diemand
purchase
the
in
from
income per
where
$30,000,000.
increase,
the
$4,000,000
per
on
these notes until paid.
Net income of the corporation
(parent company) for the six month's
.ended June 30,
1943, amounted to $1,182,807, as compared with net
income for the corresponding
period of 1948 of $1,092,424.
On May 4,
1949, a total of 140,048 shares of capital stock of the
corporation was issued in connection with the
acquisition
of
the
Farnsworth Television & Radio Corp.
properties and business.
The
present total issued and
outstanding capital stock is 6,539,050 shares'.
On June 30,
1949, the corporation received in
road should have rights equal to
the use of the International Bridge
in
Third
quarter sales amounted to $221,870,000
$255,712,000 in the comparable quarter of 1948, a
explained,
the
stockholders v/ill be
asked to approve an Employees' Stock Subscription Plan under which
employees having two years of service with the North America or
any of its affiliated companies
will be given the right to purchase
"North America stock at not lower than 20 % below the market price,
in
that
income
be
President,
capital
'"
the
Laredo,- Tex.
received
As
1083.
p.
Argentini
Company's
notes
contingently liable
creasing competitive pressure in all the activities in which the company
is engaged.
The company has moved promptly to meet these situa¬
tions; both bjf- direct selling- activities and helpful financing measures,
a
approve
RR.- -ICC
I--!—
sold
downward
supply
to
on
Sept. 20 announced .that the
special meeting of stockholders for Nov. 25 to
recommendations of the board that the authorized capital
directors
Northern
that
at
users
The .outstanding
July) of the 1949
$8,240,000,
used
170,
be
.
Capitalization and 20% Stock Dividend—
"■
to
McCaffrey, President, and Fowler McCormick,
Chairman, on Sept. 8 said in part:
;
be
premium
to
serial
pesos,
notes
$4,000,000
Trust
Co.
Teachers College,
of
its
Argentine Republic has agreed to make available, against
the necessary exchange to meet the dollar
obliga¬
In
proceeds
John L.
applied 1 a) to redemption at 103.55% of $32,000,000 first mortgage bonds, 3 V4 %, series, due 1970, and (b) to redemption
at 103% of $8,000,000 first mortgage bonds 3(4% series, due ly'Ls—
balance
The
include
receipt is dependent upon earnings of subsidiary
companies, exchange restrictions, availability of funds, and other con¬
tingencies, all of which preclude a regular pattern of receipts.
Sept. 16 filed a registration statement with the SEC
the sale of competitive bidding of $40,000,000 of first mort-r
due Oct. 1, 1979. •
•
;f->
and
several
Guaranty
President
for the
annum
States
Administration.
issued
foreign exchange requirement for
purchase of telephone equipment from our British and
Belgian
-subsidiaries in the amount of pounds
sterling 1,320,000 and Belgian
■francs 85,000,000,
respectively.
1083.
•Less taxes withheld at source.
.
company
funds
the
of
Russell,
p.
United
has
the
Secretary.
Corp.
the
per
•on
61,945,000
bonds;
principal
respectively.
Other
Trade
Net 'income
$243,299,070
aggregate
IBM
$181,354,070
Indianapolis Power & Light Co.—Registers With SEC
the
said
_'_
goods
Total
$38,309,800
___.
Proceeds would
World
in
the
Telephone
subsidiary
tions incurred under the
arrangement.
has agreed to make available the
sales.
General
of
3%%
payment
'
$
revenue
when
"The
the
IBM
Bank
>
Chauncey,
President
F.
170,
Mexican Ry.
collection,
Net
*
proposing
Kleitz,
17
and
Miscellaneous
„
gage
IBM
Mr.
with
IBM
■
'Dividends
694,000
1,164,COO
1083.
p.
the
with
1
subsidiary companies
Selling
716,800
released)-—-—
being
Total
170,
of
served
connected
formerly
cooperative arrangement.—V.
dealers
Cost
Net
—V.
of
Argentine
manufacturing
and
year
director
a
.
Manager
formerly
field
Wilson,
William
Grande
a
sales:
To
$735,000
1962__
debt, exclusive of equipment trusts
obligations
trust
Mr.
suggested
on
Provision
Equipment
the
Secretary,
L.
and
Sept.
and
$79,997,270
:____
funded
former
Nine Months Ended July 31—
88,270
Bonds
3s of
Total
Total
and
'
from
exported
the
1,
1949, payable in the amount of
five-year period, with interest at 3%%
a
associated
be
for
July
member
a
to
destined
Argentine
-—35,000,000
(mortgage
1950
of
became
as
'
the Texas
Total
1950
later
IBM
elected Vice-President
Treasurer,
in
and
was
recently concluded in Argentina which prof
$20,000,000 note issue to cover telephone material already
a
and
common
,__
stcck
and
joined
■
University.—V.
ICC
months
4,201,000
line
who
Vice-President,
-
the. Rio
order
14,611,000
3V2s of
IBM
World
trade" activities,
year.
International Harvester
„
leased
of
Arthur K. Watson,
G. Harry Sheppard, President of IBM, Co.,
Ltd., of
and
York,
The
"
u___
Other
Cairo
foreign
the
end
v..
was
this
directors
William
New
To
4%
He
43,205,000
Chicago Memphis & Gulf RR.
Forty-year 4%s of 1966
IBM's
to
the
joint refunding
1
4s
Sterling
time
of
manager
since
and
years,
arrangement
for
exported
J.
those of
-
Total
been
An
vides
addition
over
8,736,000
4,782,000
4ViS
D
•
accordance
1,203,000
1952_
5s
C
Series
has
organization
International-Great
1,066,000
*———
.
Series B
of
2,105,000
r
-2
1951
.
Series
v
17
his
earlier
Pennell,
of
;
Vice-
a
Delaware, previous subsidiary handling
past
of
sales
Watson,
Johnston
International Telephone & Telegraph
Corp.—Notes of
Argentine Unit Being Sold in United States—
■
formerly
and
refunding mortgage $10,846,000
!
C. St. L. & N. O. RR. Co.
1903:
;
5s__
Division
Asked—
1953T
of
4s
P.
J.
Kattell;
3,283,000
and
of
A
of
Trade
Board, the officers,
^
Committee,
221,000
1951
1952
of
of
Vice-President,
positions
Christenson,
Columbia
2,115,000
1951
3s
4s
trust
RR.
•
of
Division
Collateral
C.
3s
the
to
the
company
members
the
board
includes
Mrs.
Watson,
Drury W. Cooper, Jr., of the New York law
firm
cf
Cooper, Byrne, Dunham,
Keith
and
Dearborn;
George -L.
Hinman of the Binghamton, N. Y., law firm of Hinman, Howard and
830,000
of
all
Delaware
board
In
„
786,000
1951
World
President,
the
G.
Johnston,
manufacturing.
Thomas
1,001,000
Total prior lien bonds underlying the
Western Lines 4s of 1951
'
Omaha
Mr.
328,000
_:
3Vis of
of
Thomas
1,833,000
of
York
Canada.
1951
3Vis
IBM
.7 The
$399,000
___.
of
for
Watson,
Lawrence
Bonds
1
3s
K.
Harold
$52,201,000
1951
1951
of
Division
Springfield
I.
'
Lien
Chauncey,
management
1,194,000
______
Sterling 3s of 1951__
Louis
Prior
1951_
1st
Corp.
James
407,000
;
of
Executive
v.'"
devoted
New
world
9,441,000
i_
,C. St. L. & N, O. RR. Co. Memphis Division 4s' of 1951
Total
K.
has
the
of
12,686,000
18.095,000
.
1951-,—--.--—'————-
of
IBM
the
of
IBM
the world trade division.
__2.
C.
II
Arthur
$10,378,000
1953
Chairman
as
spending most of his time abroad.
debt
of
__„
C.
L.
funded
Exchangeable Bonds
■■
the
the
of
department
War
SUBSIDIARIES
AND
The company
and its subsidiaries had the following
outstanding in the hands of the public at July 31,
Refunding 4s of 1955___
Refunding 5s of 1955__~__
of
.
legal
Watson,
Chairman
business.
Harrison
a
Mr.
Wilson,
Manager
foreign
by the company for their services in that
.
T.
General
are
to
v'* A"'■•
1
Joseph
transaction
this
in
company
Y.,
N.
addition
are:
in respect of any exchangeable
exchangeable bonds without delay to
offer
bonds owned should transmit such
Kuhn,
acting
OFFER
the
preferred- stock,
company's
common
was
75c convertible series.
certificate of incorporation the
increased
from
400,000 shares
By the
amendment
authorized thus A
to
600,000 shares. On Sept.
17, 1949, 34,382 shares of the authorized but unissued class A commoa
stock were reserved for conversion of the 34,382 shares of cumulative
preferred stock,
75c convertible
series, then outstanding.
The
number
12
(1192)
of
shares
THE
class
of
A
stock
common
will
reserved
so
be
increased
by
100,000 shares upon the issuance of the 100,000 shares of cumulative
preferred stock, 90c convertible series, offered hereby.
,t > As of Sept. 17,
1949, the company had outstanding short-term bank
loans and commercial paper in the aggregate amount of $9,325,000 of
which $8,175,000
represented bank loans and $1,150,000 represented
commercial
paper.
'>
,
•;<
■
•
COMMERCIAL
Louisiana Land
and
gas
revenues
FINANCIAL
"
1949
>
Operation
Admin,
^
expenses
Monday, September 26, 1949
V
—w
1947
$2,846,517
295,610
lease rentals, taxes,
band., explor. exps., etc
Mengel Co.
1948
$3,074,579
,
>
Net
36,569
sales
and
985,870
$1,947,017
$1,692,053
$1,048,531
admin,
.
1949—6 Mos.—1948
$5,795,987
$8,519,301
6,348,997
7,882,344
13,707,062
17,269,294
*$553,010
;
$636,957
*$375,375
$1,891,502
$12,831,687 $19,160,796
selling
expenses.
729,003
Subs.)—Earnings—
1949—3 Mos.—1948
.AuiM
Cost of sales and
;
831,951
(& Wholly-Owned
Period End. June 30—
$1,814,103
168,594
exps,,
..
CHRONICLE
Exploration Co.—Earnings—
Quarter Ended June 30—
Oil
leases
...,
&
&
HISTORY
AND BUSINESS—Company was incorporated in Delaware
1932,
Company is engaged principally in the business of
lending money under the provisions of State "Small Loan Laws," and
to
a
lesser
extent. of making discount loans and of financing the
Dec.
on
^purchase
and
and
used
of
consin,
and
sale
various
of
of personal
types
property,
such
through
sales
of
which loans
the
number
are
as
made
are
the
and
personal property is handled.
(-■ -T UNDERWRITING—The
shares
of
names
which
has
each
financing of purchases
principal
severally
underwriters
agreed
Co
&
Co-
&
Pairman
&
Harris,
Scott,
Inc.
•
4,000
Straus
•
Co
Blosser
&
Woodard-Elwood
Doolittle &
&
Co
&
Horner
&
2,000
2,000
2,000
Snider
2,000
2,000
c;
3,000
T.
Williams
Inc.
3,000
2,500
&
Co.,
Metropolitan St. Louis Co.
2.500
Dewar,
Reinholdt & Gardner..—
2,500
Shaughnessy and Co., Inc.
Stirling, Morris &
2,500
O.
H.
Wibbing &
—V. 170, p. b85.
Co
170,
&
Federal
Beneficial
Inc.
and
;
to
income
Loan
Lunt
Corp.
above.—V.
sales,
less
1,000
ministrative
Net
and
selling
expenses,
and
Total
etc.
40,891,312
43,687,414
581,297
2,410,000
544,582
Earned
Shares
$4,988,912
28,887,280
per
21,839,707
$3,341,954
17,112,528
20—_ $31,155,572 $25,412,584
816,778
810,088
$19,444,570
outstanding..
share
common
after
•Earns,
$4.78
$6.16
♦Based
tAfter
1949
on
presently
and
for
1947
t$5,719,994
$3,039,143
$1,131,103
$2.01
$2.44
$2.59
$0.97
outstanding
$2,946,664 in
and
1948.—V.
Liquid Carbonic Corp.
Period End. June 30—
Net
sales
deprec.,
Provision
—
for
U.
^Canadian
Net
S.
inc.
and
taxes.
295,001
profit
outstdg.
Common shares
Earned
per
p.
2,340,789
taxes
of
shares.
$2,110,333 in
$0.73
,
*:Long Island
A
*
417,224
879,602
$640,425
$1,422,552
*888,505
828,100
$0.51
$1.49
$1.12
.j
on
—
Nov.
Sept.
15,
Sept.
ings
on
the committee said.
the Securities and
9,
tl^e
application
of the
meeting,
solicit
proxies for
the
await action by the commission.
■V* On the same
day, the common
the SEC its proposal for
that
poses
the
Under
the
shares
of
of
new
the
of
the
For
30—
the
each
for
Nov.
30,
common
The
and. its
solicitation
plan
material
1949
must
share
of
the
presently outstanding
stock
would
be exchanged for nine
stock. The
presently outstanding 179,750
common
not
eight
disturb
the
present
shares
company or the present status of its
Gas & Electric Co., and the
Nassau «fc
debt
of
shares
shares
the
structure
subsidiaries,
Suffolk
p. 885.
new
Queens
of
this
Borough
Lighting Co.—V.
170,
(less
1949
Total
of
bond
income
prems.)
pr
provision
files
company
2433*
$157,487
6,650
8,790
22,374
23,372
as
has
been
made
"regulated
a
$130,906
123,000
of
$154,029 in 1949,
for
Federal
investment
Los Angeles Biltmore Hotel
income
$125,324
Total
income
taxes
company."
terest, etc.
:
deral income taxes.
II
,
„
Depreciation & amortization
Net
-V.
I
p.
110.
after
'•"i
?.
r
»
J.
:
'
>
i
) .>
$1,107,810
200,253
$1,122,584
188,166
303^585
21,214
294,675
88,397
i
1
I
,
current
$4,457,797
other
assets
including
June
of
and
other
date
all
last
year
were
1949
iiV
chgs.
taxes
were
In
m
since
V.
168,
$1,024,006
208,376
$1.88
and
for
other
for
The
$8,795,489
and
and
1947
1946
$1,179,766 *$1,273,438
t 566,400
$2.08
$2.64
of
for
$1,097,118
568,400
$2.24
contingencies.
tAfter
Total
working capital amounted to $6,480,000.
assets to current liabilities was 5.36 to 1 on the
—V.
of
.
income
income
:
$0.45
$
92,789,003
100,753,250
1,806,688
Cost
crest
Mills
first
11
half
division
of
years.
$31.30
$1.40
we
goods,
ucts,
1948.
declines
None
other
depreciation
net
of
the
SEC
covering
These
was
for
Of
5%
loss
pet
a
period
19%
to
for
the
were
on
first
loss
in
the
inc.
and
fr. sales.
its
of
some
Net
—V.
and opinion suspending the
statement filed May
12, last, and
par)
common
Prov.
for
stock.—V.
169,
p.
received
Per
selling
28,695,407
128,401
121,068
credits
$490,128
$411,887
after
per
1949,
preferred
compared
common
were
40,121
251
2,731,220
2,015,000
with
$6,362,448 $12,837,598 $13,310,812 $26,545,171
1,556,386
1,758,583
3,160,776
3,468,618
595,674
687,063
998.817
1,002,438
1,191,500
3,675,000
2,774,500
8,350,000
income
$3,018,888
$6,716,952
$1.62
-
$3.62
share
per
$6,376,719 $13,724,115
$3.43
$7.39
company has applied to the SEC for authorization to maker
borrowings in the maximum aggregate amount of $4,000,000
during the next 12 months.
According to the application, the bank borrowings, together with
$3,000,000
Co.
of
equity capital
(Chicago—formerly
the
latter
part
of
$3,000,000
of
the
to
be
$2.17
$1.46
larger in the second quarter of 1949
during the three months ended
net profit was $1,476,092, equal
Sales
to
and
76
of
earnings
170, p. 206.
cents
a
share
$11,839,555,
of
44
:
will
to
be
provided by American
Light and Traction
used
of
to
1,
1949)
from
the
The
000).
The
a
Co.)
the
and
natural
to
lt>8,
upon the application.—V.
p.
at
gas
estimated
spring
of
City
Trust
Co.
Co.
of
at
1951. '
of
Bank
of
New
Pittsburgh
Milwaukee
The notes will mature
in 18 months and bear 2^2%
SEC has
given interested persons until Sept. 28
hearing
Gas
during
estimated
cost,
National
($1,100,000), Central Hanover Bank
Natural
cost,
facilities
and
through
program
made
the
pay
Milwaukee's
Dec.
construction
are
be
be
conversion
available
borrowings
York
to
American
1949,
($700,interest.
to
request
2687.
Period End. June 30—
& Manufacturing Co.
(& Subs.)-—
Net
1949—3 Mos.—1948
sales
Cost
of
&
gen.
Net
Inc.
Total
Fed.
Net
X
•
22,617,831
opers...
credits
State
stock
inc.
taxes
$9,562,260
$2,907,211
100,000
$5,724,260
2,275,000
divs.
paid—
on
100,000
from
for
the years
statement
the
refund
200.000
3,838,000
200,000
$2,807,211
$6,130,227
$5,524,260
Federal
$1.44
$3.11
$2.83
1,972,845
1,951,530
1,972,845
1,951,530
above
does
not
Government
under Section
1940 to
280,556
$1.53
outstdg.—
NOTES—The
$6,330,227
42,358,048
V'. re¬
share
com.
shs.
44,211,038
com.
$3,014,978
per
received
$4,943,211 $10,953,227
2,036,000
4,623.000
$3,114,978
stock
Common
claims
$9,281,704
340,374
$5,389,978
earned
Earns,
$4,817,461 $10,341,812
125,750
611,415
(net)
income
Amt.
22,079,809
$5,049,604
exps.
income
&
Pfd.
adm.
profit, fr.
Other
1949—6 Mos.—1948
$27,667,435 $26,897,270 $54,552,850 $51,639,752
sales, selling,.
722
reflect
in
of
Feb.,
the
$1,000,000 refund
1949 in settlement of
a
Internal
Revenue
Code
for
1945, inclusive.
sales.-
'
'
,
Stockholders Approve Stock Purchase Plan—
The
stockholders
Stock
Purchase
stock
on
Plan,
Sept.
16
approved and ratified an Employee*©
which no more than 75.000 shares of
under
be issued and
and its wholly owned subsidiaries.may
sold
to
employees
of
the
Not to Split Capital Stock—
In
W.
answer
to
L.
recent
McKnight,
"definitely have
V.
170,
p.
questions
Chairman
no
of
intention
:
from
the
of
company
stockholders
Board,
splitting
states
the
of
that
this
the
company's
i
company,
directors
stock."—
1085.
:
$2,860,107
$1.20
were
$13,537,846
sales
$3,999,661
shrs
com.
dividends
share
(net)
Milwaukee Gas Light Co.—Seeks Loan-—
93,631
2,985
taxes
quarter.
30,
5,016,444
The
20,136,487
1,464,220
than
June
43,274
345,982
State
Both sales and net
profits
in
the
first
30,675
242,966
130,102
55,280
$2,431,005
1,617,921
5,765,618
.
21,275,483
depreciation
on
2,641.284
1947
and
profit
share
3,029,094
$6,358,471 $12,803,545 $13,260,299 $26,403,498
3,977
34,053'
50,513
141,673
the six months ended June 30, 1949 the
company has provided a
reserve of
$500,000 for possible future raw material inventory losses
due to decline in market values. This amount
was charged to the cos!
$25,519,676 $35,587,477 $25,105,476
sold,
exps.
Income
Net
1949—6 Mos.—1948
For
2421.
1948
31,770
and
Subs.) —Earnings
169, p. 2754.
common
Federal
(&
$Loss.
•
the week ended Sept. 15,
1949, the System input of subsidiaries
this corporation
amounted
to
85,619,000 kwh., an
increase
of
10,551,000 kwh., or 14%, over the corresponding week i of last
year.
—V. 170, p. 1085,
I-''"
—•''
of
,1949
Sundry other deductions
for
taxes.
of
$25,377,401 $35,298,842 $25,004,998
110,505
233,354
57,204
Miscellaneous income
admin,
Federal
For
prod¬
finding
sales
Total income
Cost of products
for
$9,387,565 $15,444,829 $19,025,917 $31,421,942
abandoned
Earnings
reported
by this division.
to Reserve Against
Inventory Price
$8,100,000."—V. 169, p. 1992.
(no
dividends
provision
$33,455,508 $37,334,914 $65,095,076 $73,232,962
24,067,943
21,890,085
46,069,159
41,811,020
income
in
prod¬
finished
Maytag Co.—Earnings—
and
$1,297,225
before
Fed. and State inc. taxes
charged
at
Six Months Ended June 30—
Net
$11,572
1949—3 Mos.—1948
Deprec. and depletionLeaseholds surrendered
affected
textile
in selling prices
inventory losses on
the
registration
shares
451,436
$$118,240
,
sales
Total
Field-
time
severely
various
reductions
for
issued
23
the
but
profit from sales.
Other
the first half
Corp.—Registration Statement Suspended
Sept.
8,000
had
six-month
from
accompanying
remains
of
division
the
accounted
loss
Decline, which
$1,748,661
7,715
Earnings—
sales
manufacturers, sales in our
disappointing, totaling 35% less than
The
for
with
than
$19,287
2105.
p.
Minnesota Mining
lower
textile
ranging
manufacture.
together
more
$$121,532
Cr3,292
$2.25
stated:
business had
were
Results
by price
ucts
with
1,717,972
$$24,657
-—
allowances
Net
4,694,523
$12.04
$0.77
1949 compared with the same
period of 1948.
Our retail stores
experienced lower gross profits due to the
declining price structure In
consumer
goods generally.
These stores were also faced with
higher
wage levels than a year ago, as well as increases
in other costs of
doing business.
Despite the adverse influence of these factors, all
stores operated at a profit for the six-month
period and the number
of sales transactions continued at
high levels.
common
Z)r4,256
($1,100,000), Mellon National Bank and Trust
($1,100,000), and First Wisconsin National Bank of
$
of
"In
Drll3,233
Mid-Continent Petroleum Corp*
dividends.
our
30,689
J0rl39
York
1949—6 Mos.—1948
$19.21
Hughston M. McBain, Chairman,
of
$192,399
23.543
>
—
Period End. June 30—
The
$6.90
com. shr.
preferred
1946
$105,892
$8,299
taxes
income
169,
New
47,781,039
52,283,355
1,034,400 V 2,880,961
share..
divisions
1947
$53,610
opers.
.
(expected
1949—3 Mos.—1948
income
"All
1948
$21,214
$24,518
$$24,657
from
bank
V"':-
•After
1949
Co.—Earnings—
Cross sales, less returns
$1.92
788.
p.
sales
•Earnings per
The
sam©
.V;
income
Total
:
end
1949,
revenues
income
♦Net
th©
the
at
i
169, p. 2421.
$4,000,000 of its
pfd.
outstanding
$0.53
on
572,000
reserve
Marshall Field & Co.—Earnings—
per
'•(
;
based
are
Middle South Utilities, Inc.—Weekly Input—
-Earnings
Leon F. Banigan, who for the
past 10 years has been managing
director of the National'Council of. Private Motor
Truck Owners, Inc.,
Washington, D. C., has been named Editor of "Fleet Owner," a
newly
cqulred McGraw-Hill publication,
George Pfeity Publisher, announced
Earns,
$0.12
earnings
stock
$4,956,632
.
464,480
share—
Sept. 22.—V. 170,
$0.25
share
per
common
Merchants & Miners Transportation
against
Federal
corresponding
Banigan Named Editor—
on
1947
$1,147,700
$10,546,956
taxes.
1948
$1,227,251
—
outstdg.
reserve
"
$298,588
2315.
$150,000
$175,000 for contingencies.-
n
30,
current
outstanding.
reserves
State
p.
.
shrs.
year.—V.
1
all
currently
and
169,
taxes
♦After
These
income
169,
1948
$515,575
Stal expenses
1949
of
for
shares
66,847
$37,601
Co.—Earnings—
1949
30,
same
Earns.
Prov.
6 Months Ended June 30—
June
at
Interest
111,042
profit on sale of securities
1948 and $234,500 in 1947.
the
$159,930
$109,670
—
$1.74
reserves
5,674
7,357
-•Before
NOTE—No
5,731
22,845
•Net Income
Dividends
$1,063,567
$0.74
610,165
taxes
effectiveness
$151,813
«
$139,872
.J
$452,028
$0.61
for
on
liabilities
inc.
and
The
1947
$154,199
17,140
„
.
Expenses
Management fees
>/
1948
$122,732
amortiz.
180,434
income
Capital
of
of
Selling, general and ad¬
ministrative expense^
1949—6 Mos.—1948
$8,468,098 $18,125,600 $17,703,422
717,263
1,636,539
1,821,859
265,235
572,972
674,159
553,846
tBased
in
1949—3 Mos.—1948
$373,412
the
computations
shares
Gross profit
(Incl. Domestic Subs.)—Earnings-
taxes
Maumee Oil
Loomis-Sayles Second Fund,
Inc.—Earnings—
6 Months Ended June 30—
Dividends
Int.
At
♦After
(Ky.)—Weekly Output—
undis¬
in
included
1949—6 Mos.—1948
$139,091
$0.05
of
date.—V.
Philadelphia above.—V. 168, p. 2543.
share...
per
not
$69,477
share
Net
of
provisions
equity
is
$1,691,837
taxe3_-
respectively.—V.
74,750
now
held by them.
four
shares
of
the* original 3,000,000 common shares
stockholders would receive one share
of the new
common.
would
to
Fed.
Fed.
Net
called
Exchange Commission began hear¬
common
stockholders committee to
preferred stock would receive
for each share of the preferred
every
356,532
$2,048,369
* 356,532
$8,664,895
Net
preferred
$6
common,
•-
plan
7%
$2,156,238
carry-back
50%
Inc.
$31,196
Mengel
of the respective periods.
621,158
$201,043
loss
company's
Plywoods,
1949—3 Mos.—1948
w
number
$2,669,527
817,750
on
stockholder's committee submitted to
recapitalization of the company, which
pro¬
issue 2,855,150 shares of new
$8 par value
company
stock.
common
$2,973,988
68,985
$189,063
preferred stock
Period End. June 30—
Stockholders to Vote
directors, it was announced
on Sept.
12 by the common stockholders
committee, which represents
holders of over 800,000 shares.
The meeting was
originally scheduled
for
On
$270,028
54,343
under
tThe
$2.12
.
figures.
3 Mos. Ended June 30—
providing
current
foreign
figures
Net
828,100
meeting of stockholders will be
(EST), to elect a new board of
p.m.
$243,406
Net profit
.
Lighting Co.
Plan
Per
$2,657,681
11,846
——.
sales
before
1949—9 Mos.—1948
$990,796
,
special
at 2
77,820
6 Mos. End. June 30—
r*
Recapitalization
$2,896,168
138
McGraw-Hill Publishing Co., Inc. (& Subs.) ■
19,000 shares having been issued in
March, 1949, covering acquisi¬
tion of Paschall Oxygen Co. of
Philadelphia.
Earnings of that sub¬
sidiary included in the foregoing figures
only from and after Mar. 22,
1949.
Also
includes 41,405 shares issued as a
5%
stock
dividend.
—V. 170, p. 495
►
$269,890
8,722
Association
for
107..
615,160
$711,056
♦883,505
share.
com.
of
$10,436,768 $14,441,796 $28,314,496 $36,924,509
1,488,734
2,081,301
2,483,837
3,551,032
482,677
475,345
1,426,188
1,248,878
etc.
Depreciation
170,
income
1949—3 Mos.—1948
L—
Net before
capitalization
State
(& Subs.)—Earnings—
"'
of
taxes
Code.
U.S.-Mengel
Period End. June 30—
$2,657,700
$234,684
Federal
Revenue
earnings of
the foregoing
Federal
•Prof,
1946
Federal
tRefundable
Internal
Other
NOTE—At
1948
t$4,693,960
provisions
$2,896,168
$1,799,706
purposes.
1949
share.
com.
the
ratio
Period End, June 30—
$4.14
Co.—Earnings—
taxes
per
$269,890
170, p. 886.
•After
Net
124,632
,-j.
256,958
(net)
applic,
tEarnlngs
6 Mos. End. June 30—
389,198
Mengel's equities in such earnings'and
the equivalent per Mengel common
share were as follows:
to
income
Prov.
$1,229,233
39,936
any
1,172,083
256,958
$234,684
leased
McCall Corp.
Net
*$406,837
69,435
com.
NOTE—All
revenues
charge
See Fire
$467,324
19,103
807,930
170, p. 495.
Lion Oil
1,416,417
21,413
Lumbermen's Insurance Co., Phila*—Proposed
Merger
35,874,206
$32,789,128 $26,828,619 $20,454,483
1,633,556
1,416,035 711*009,912
—
June
stock
com.
Earnings
—V.
;
surplus
of
104,583
21,413
2,200,000
$3,901,848
-
1
dividend
150,000
Electric output of this company for the week ended
Sept. 17* 1949,
totaled 32,865,000 kwh., as
compared with 41,298,000 kwh. for the
corresponding week last year, a decrease of 20.4%.
After excluding
sales to other utilities, local sales increased
0.3% in the corresponding
period.—V. 170, p, 1084.
489,898
3,310,000
taxes
*$304,617
-32,312
Nil
and
—...
income
Jan.
1947
854,000
,
356.767
Earnings
Louisville Gas & Electric Co.
1948
$47,784,457 $52,530,908 $41,906,059
surplus
Common
t
Canadian
surplus
107,023
Gross income
-V.
37.475
tCr250.000
$0.80
•Loss.
19
Interest
16,093
324,000
200,680
tributed
retire.
&
income
17,752
tCrl88,000
and
inc
Nil
ad-
income
Earned
232,616
pit.
224,043
$2,115,545
180,717
of
$1,604,078 $19,301,640 $17,340,260
954,865
11,368,958
10,223,669
157,595
2,135,861
1,920,870
95,732
1,227,278
1,108,980
Balance
$47,724,690 $52,514,296 $41,891,417
59,767
16,612
14,642
„
Deprec. of prop., plant and equipt..
Federal
894,226
Operating Income
Other
1810.
p.
discts.
—
incl.
167,
1949
_—
of
Cost
expenses
oper.
256,013
*$619,362
share
1949—12 Mos.—1948
others
Net
(net)
Total
$1,639,962
adjusts.™
from
170,460
$807,417
—
Federal
taxes on
Net profit
tEarns. per
2,963,806
Light Co.—Earnings—
revenues
deprec.
Net
(& Subs.)—Earnings—
customers,
allowances
Other
$0.34
1949—Month—1948
appropriation
Corp., Indianapolis, Iud.—Control-*
Industrial
Link-Belt Co.
sales
$0.63
2,500
6 Months Ended June 30—
Net
July 31—
taxes
Prop,
f
Lincoln Loan
See
$1,892,152
2,977,306
$0.66
charges
for
State
$1,031,405
2,977,306
78,145
Deprec. (incl. above)-.
Depletion (incl. above).
taxes
Dividends
1
$1,962,395
(net)
*$474,865
Interest
Prov.
7.
p.
acqui.
1,000
1,000
1,000
1,000
Irving J. Rice & Co., Inc.
Shillinglaw, Bolger & Co.
2,500
-
76,132
income
&
Pancoast
2,500
Co—
&
income
Operating
Operating
1,000
Grubbs, Scott & Co., Inc.
Hamlin
Bousman
Stix
—V.
1,500
1,000
4
Robertson
75,026
profit
Total
of
Amortiz. of utility plant
Baker, Simonds & Co
Craigmyle, Pinney & Co.
—
78,029
r
,
'
2,500
G.
Net
1,500
Co.
Edwards & Sons—
A.
amortiz.
$1,107,537
Capital shares outstanding...
Earnings per share
Other
Mason,
Thayer, Baker & Co.__„
Prescott, Wright,
4,000
3,500
Co.—
and
Other
59,006
$1,967,178
intangible development coals-
Period End.
Inc.
4,000
Van Alstyne, Noel & Co.
Newhard, Cook & Co._—„
Boenning & Co.~:
depletion
275,125
$2,040,424
—
Operating
purchase,
to
Sears, Inc—
Granbery, Marache & Co.
Maynard H. Murch & Co.
4,500
<fc
93,407
income
Deprec.,
Whiteside,
Warren
6,000
Moran
income
Total
Louisiana Power &
Chace,
8,000
Mason,
-
No. of Shs.
20,000
Jones
Johnston, Lemon & Co
Sills,
and
Other
follows:
Edward D
{
new
"
.
the
of
No. of Shs.
Riter
as
automobiles,
household
appliances,
farm
equipment and
Company and its subsidiaries operate 52 offices in the
Illinois, Indiana, Maryland, Michigan, Virginia and Wis¬
livestock.
States
Profit
1,
cents
net
in
on
the
profit
the
first
common
of
stock.
$954,913
quarter
of
and
the
Minute Maid Corp.—Files New Preferred Issue—
The
corporation
(formerly Vacuum Foods Corp. which see)
oa
Sept. 22 filed with the SEC a registration statement covering
120,000
shares of cumulative prior preference
stock, convertible until Oct. 31,
1955.
'
<
,
At
the
same
time, the company registered 360,000 shares of 10 cent
stock, to be reserved for the conversion df- th»
prior preference stock.
par
value
common
!
Volume
The
,>
170
dividend
as
well
to
an
rate
the
as
Number 4841
value of j the
par
prior preference stock,
be supplied
offering price and underwriting
amendment.
Principal
the
and
THE
<
•„
underwriters
Paine,
are
terms,, will
,,
Jackson
Webber,
•
,
.
Curtis;
&
The
First
Boston Corp., and White, Weld & Co.The company is offering
116,440 shares of the prior preference stock
for subscription
by holders of outstanding $2 preferred stock and
common
share
five
$2
the basis
on
preferred
of one
and
share
share
one
of prior
of
prior
preference for each
for
preference
income
commoi).
'
"
the same time, Minute
preferred
stock
at
stock
the
the
of
rate
Maid
right
six
offering holders of outstanding
exchange their shares for common
to
shares
common
'
Minute
Maid
nigh-vacuum
company
two
operates
Proceeds
the
organized
dehydration
burgh, Fia. '■
burse
was
be
used
in
processes
to
for" each
National
concentrating
a;;;;
•>
will
by
increase
five
of
Research
preparing
plants
at
citrus
to
fruit.
Plymouth
use
The
working
and
Less-
capital and to reim¬
treasury for working capital.
'.A
<
'
Gross
revenue-.
The
25
to
holders
$699,862
291,520
$669,691
324,138
$7,784,977
3,510,308
$7,635,684
53,416
704,583
609,750
depreciation.
for
Amort,
plant acquisi¬
adjustments
tion
General
taxes
income
Gross
&
Net
30,687
President,
of
of
153
.2,567
3,006
87,770
47,076
$109,470
$1,317,534
$1,309,247
7,704
92,455
91,468
•
$137,458
stock—
V
261
13,590
7,704
V
$129,753
____—_
The
models,
industry.
3,509
$101,765
$1,225,079
$1,217,778
first
The
1949—Month—1948
$1,391,618
Oper. exps., excl. taxesFederal taxea
Other
138,673
taxes
_______
Depreciation
Amortiz. of limited-term'
97,971
91,776
investments
95,417
by
9,829,147
9,107,686
1,763,963
1,626,272
y 1,548,889 A 1,140,414
1,334,381
1,.567,919
is
oper.
24,941
______
$145,796
Other
$225,162
revenues—
income
1
5,122
$3,247,469
$2,531,921
51
11,429
170,
income
$230,284
$145,847
Interest
charges
89,351
60,354
This
income
—
$140,933
-j
$85,493
Divids. applic. to preferred stock
$3,258,898
877,207
$2,381,691
$2,537,371
—V.
170, p.
13
to
_
stockholders
$1,655,210
266,856
266,856
$1,388,354
have
voted to modify and extend the exchange
plan from Sept. 30, 1949, to July 31, 1950,
William G. Maguire, President, announced on Sept. 20.
Under the exchange offer, stockholders may surrender nine shares
annual
the
Mckan
stock
common
shares
180
or
of
Mokan
class
B
stock
due
the
He
of
stock,
preferred
the
common
stock.
it
award
has
the
to
To
and
declared
preferred
and
efforts
to
would continue to
recognition of the
secure
keep the corporation under Section 77 proceedings,
able during the last seven years to spend $540,-
been
075,796 of its earnings for improvement, debt retirement and interest,"
Mr. Davis said, "is ridiculous."
He then added that "stockholders
have about reached the point when they may insist that we resort
to
the
Mahaffie
Act
in
order
to
protect
their interests as
other
some
railroads have done."—V, 170, p. 886.
v
Montana Power Co.—Earnings—
Period End. July 31—
Operating
Operating
Federal
Other
revenues
1949—Month—1948
$1,745,928
-w
taxes
—
$1,624,498 $23,264,361 $21,378,024
585,908
509,181
7,515,429
5,855,561
297,134
4,088,297
only
of
201,882
2,381,376
2,336,427
125,000
_
125,000
1,500,000
1,500,000
investments
_'
of
—-
13,113
$585,503
$491,301
$7,762,285
$7,827,446
21,614
2,111
225,298
$607,117
$493,412
82,497
$7,987,583
1,188,621
$7,874,840
1,147,523
$6,798,962
$6,727,312
charges
Nassau
wells_in
»
$514,911
income
applic.
to
preferred
The
$410,915
stock——_
957,534
957,534
$5,841,428
—
—V. 170, p.
$5,769,778
886.
has
California
Mr.
———
of sales
and
oper.
expenses
—
State
inc.
taxes
1949
1948
entered
Net
profit
for
invent;,
$
$
*
1946
$
488,363,724 560,986,946 508,647,868 418,397,220
AAA.A.A>a
465,323,561 509,046,467 477,113,474 377,123,620
8,560,000
21,485,000
13,910,000
16,715,000
14,480,163
____
30,455,479
17,624,394
24,558,600
Inc.- -Buys
14,480,163
—-
dividends
30,455,479
17,624,394
common
per
after
705,439
705,439
705,439
705,439
6,502,378
—
6,502,378
6,502,378
5,217,147
7,272,346
23,247,662
10,416,577
•
Oil
of
6,502,378
6,502,378
6,502.378
Co.
and
financing
$4.58
$2.60
*' K-yr1
is
Life
Insurance
contemplated
this
at
of
Co.
time.
Sept.
year ago.
1
This
is
other
for
separate
kwh.
3,431,000
of
ft. for the
cu.
Credit
depreciation of $1,681,683 in 1949, $1,643,394 in 1948,
in 1947 and $1,638,969 in 1946.
tBefore inventory reserve;
reserve
.tNumber
of
the earnings
common
Walker
H.
$11.25
each
to
SHEET,
$22,502,073;
U.
cu.
for
the
kwh.,
JULY
31,
1949
•
(short
receivables (net), $157,794,878; merchandise inven¬
tories (priced at the lower of cost or market), $251,920,390; prepaid
catalog costs - and expenses, =$18,263,000; »:• properties and equipment
(after^depreciation reserves of-$42,761,709), $39,253,78S.t-^Total> $573,v
>
757,680.
LIABILITIES—Accounts
r-rr.'
.,
payable,
$39,165,317;
due
AAA'V
customers,
$9,-
597,649; accrued expenses and miscellaneous taxes, $12,542,178; Federal
week
a
reported at 136,885,000 cu. ft.
ft., or 2.57% above; production
on
per
notes
Such
required
subsidiary,
to
therefrom
erty.
of business
Sept.
at
common
basis
of
additional
one
the
following
banks
Any
stocks
its
Cambridge
additions
in
share
to
of
providing
1948,
and
under
Trust
the
of
shares of
a whollysale of such
for
preemptive
will
be
right,
aside
set
additional
SECURITIES—The
subsidiaries
stock
capital
(consolidated),
for
securities
of
balance to
After
lor
12 months ended
that period oi $2,269,288
for
annual
of earnings for the
summary
a
a
basis.
surplus
allowance
dividends
the
on
shares
outstanding compared with $1.32 per share
previous period. These earnings are after all
income taxes computed on the basis of a
Federal
)
all
Federal
the
for
all
12
income
months
charges
was
taxes
ended
$2,269,288
$4,344,360- compare^
1948. Balance to'
was
31,
Aug.
for
the
12
period.
1949,
Balance
the
surplus
$1,992,647
on
parent
a
for
has made
period of
company
renew,
of
outstanding
Sept.
■
ended
pre¬
■
.
$1,952,417
was
previous
sinking
period, after preferred
fund requirements.
New England Public Service
to
to
The
basis
company
months
corresponding
for
compared with $1,642,198 for the correspond¬
representing earnings per share on 'a parent
basis of $1.29 for the current period compared with $1.07
corresponding
tension
the
period,
allowance
The
for
months
12
previous
the
with
compared
..
to
current
before
for
a
its
1950,
9,
the
time
but
Co.—To Renew Notes-*
to
the
from
The
dividends
SEC
Oct.
11,
application
within
which
for
authorization
1949, $10,300,000
also seeks an ex¬
NEPSCO
sell
must
of utility stocks to repay such notes in full*
scheduled
the
application
for
hearing on
has
1949.—V.
year
notes.
of
holdings
Commission
166,
30,
one
promissory
Oct.
of
application
1585.
p.
t
■-.'A
New Orleans Public
Period End. July 31—
Operating
expense
Federal
Service, Inc.—Earnings—
1949—Month—1948
revenues
Operating
$3,018,543
1,718,257
_____
taxes
289,135
taxes
329,142
Property retirement re- '
serve
appropriations-
"
1949—12 Mos.—1948..
'
•
"
•
r3,600,000
300,000
$382,009
$348,691
6,849
$4,737,689
8,702
income—
$390,711
$355,540
$4,833,944
bonds
114,688
87,604
1,295,000
Other int. and deducts..
5,031
13,168
—
———;——•
:"
oper.
Gross
Int.
revenue
income
(net)
mortgage
on
.'••••
*•••;!•'
-T
—
income——
Net
Dividends
applicable
$270,992
preferred
$254,768
stock
-
1
Balance
—V.
to
*
$2,980,216 $35,681,058 $34,859,334
1,736,093
20,032,277
19,907,707
292,872
3,504,920
3,801,881
302,560 : .3,806,172
3,372,277
300,000
-
$4,287,442
1,051,250
236,052
r—
1
$3,330,980
369,541
$2,961,439
170, P. 887.
.
(
$4,177,469
109,973
207,964.
—n
,
.
3,600,000
96,255
$3,000,140
369,546
.
$2,63Q,594
A
$8)
.
Outstanding
5,173,000
77,625 shs.
pfd.
V
1,370,612 shs.
77,625 shs.
..
5,000,000
3%%, due 1962-3
3%%, due 1971-3—
payable to banks—
Long-term—subsidiaries
—
1,010,000
1,050,000
—
—
2,150,000
1,125,000
—_
1969—
$2,750,000
5,000,000
2,150,000
27/8%, due 1974
%, due 1973—
3
3%%, due
$21,977,000
interest due Oct. 1, 1949, of 2%% and 2%%, respec¬
the first mortgage 5%% gold bonds, series A, and on the
first mortgage 5% gold bonds, series B, both issues maturing in 1954,
will be paid on that date.
Said interest payments on bonds reprq-t
sented by certificates of deposit
will be made to holders of record
Sept. 28. 1949.
The New York Stock Exchange on Sept. 16 directed that the bonds,
and certificates of interest therefor, be quoted ex- said interest oil
Oct. 1, 1949;
that the bonds, and certificates of interest therefor,
shall continue to be dealt in "Flat," and the bonds to be a delivery
in settlement of Exchange contracts
made beginning Oct-. 1,
1949,
must carry the April 1,
1950, and subsequent coupons.
Interest on the bonds is payable at the office of J. P. Morgan & Co.?
Incorporated, 23 Wall Street, New York, N. Y.—V. 170, p. 985.
New York
(consol.) :
2%%, due Dec. 31, 1952______
,
in
of
(consolidated)—.—.—
A
1,375,000
&
v,
'1,623,000
AAA^'a'-AAA
;
;
" y
1947,
a
of
the
recapitalization
of,, the
the trustees have declared regular quarterly
on
the 4%%
cumulative-convertible
share
preferred shares.
Commencing with the initial common dividend
through
441,983
441,983
consummation
April,
$1.12%
April
15,
1949,
Certificates Of¬
Stuart
fered—An underwriting group headed by Halsey,
Short-term:
DIVIDENDS-^-Since
Central RR.—Equip. Trust
1,200,000
2%%, due Dec. 31, 1952
—
3.
%, due Dec. 31, 1952_;__?———
Association
on
1,050,000
$2,750,000
Notes
Subsidiaries
Payment^
Semi-annual
tively,
,
3,500,000 shs.
—
New Orleans Texas & Mexico Ry.—Interest
Association
the
;
(par $100)——
Subsidiaries (consolidated):..A A
■
extending
after
31,
the
common
adjusted to reflect the Issuance of
and Electric Association
(par
conv.
cum.
dividends
in
for
$3,627,524
Aug.
expenditures
imporvements
20-yr. coll. trust skg. fund, bonds:
27/8%, series A, due 1967———— $22,425,000
3%%, series B, due 1968_.____
5,225,000
■
$1.05
$.85
return.
provision
with
portion
a
requirements)
subsidiaries.
New England Gas
4%%
its
to plant and prop¬
$1,250,000 required for the
and
$1,311,599
$1.32
$1.10
(before
share before sink, fund require.
share after sinking fund require.
corresponding
surplus
for
of 11,400
Light Co.,
124,601 additional common shares, are as follows:
Common
as
Colony
applied
be
Electric
in excess
of the
short-term
bank loans
the
acquiring,
CAPITAL
and
purpose
acquisition
amount
of
of
of
will
which utilized the proceeds from
plant replacement fund assets
for
$1,649,416
34,205
Total
v
Net
proceeds
the
349,312
requirements.
including
consolidated
19
price
a
act
to
Old
reimburse
retirement
purpose
of
$1,660,911
349,312
ret'n
$1,626,706
$1,998,728
available for common shares
common
the
Other
for
the
for
stock
common
96,206
$1,966,843
31,884
——————_
association,
charges
the pay¬
net
—117,116 'Vj
shares, but before deduction of sinking fund requirements
$355,167 per annum on the outstanding consolidated debt of the
system, the balance of $1,919,976 amounts to $1.54 per share on the
for
amounts of
incurred
were
funds
additional
notes
in
749,559
of
of
payable to State Street Trust Co. and
$1,000,000 and $250,000, respectively.
estimated
short-term
Trust Co.
215,579
taxes
basis
(on
surplus
com.
company
1
agents in connection with the subscription offer:
Co., Boston, and Chase National Bank, New York.
of
inc.
income
taxes
—
consolidated
a
Other
PURPOSE—The
251,480
844,584
than Fed.
preferred
share
Harvard
other
income
—
sinking fund
Bal.
ing
Oct.
V/;
,
securities
,
out¬
1,93%
or
corresponding
for the additional
has-appointed
taxes
consolidated operating
revenues
for
the
latest
12
months
$28,736,225, an increase of 3.8% over the figure for the corre¬
sponding previous period. Net income before parent company charges
any
10, 1949.
The Association
$2,688,051
were
electric
reports
302,345
•'
the
1,017
$3,180,024
—~———_
——
—
dividend
sufficient
on
52,511
,
127
Earns, per com.
;■/'
now
held at the subscription price
of $11.25 per share
number of the additional shares not subscribed for through
exercise of rights under
the primary subscription, subject to allot¬
ment.
The subscription offer will expire at 3 p.m. New York time on
equal to
S,- Government
at Aug. 31,
as
169, p.' 1454,
shares of record at the close
subscribe
12,195
deductions from
to
Balance
share, in the ratio of one additional common share for
now held.
An additional subscription privilege entitles
per
30,675
9,076
^
resulting from filing of consol. tax
Preferred
;•
shares
10
each
$3.80 per common
shares outstanding prior to stock offering
are
at Sept. 11,
Co.
&
common
129,300
Earnings for 12 Months Ended Aug. 31, 1949 Show Gain
corresponding week a year ago.-
given the right to subscribe
are
V.; A.k : ::
July, 1946.'
ASSETS—Cash,
of
Bights to Stockholders—•
Holders of
$2,357,352
234,300
$2,988,131
—
subs,-
securities
return)
Balance
The
Townsend, Dabney & Tyson head a group of investment firms named
by the Association to serve as managers of a group of participating
dealers in obtaining subscriptions for
an additional
124,601 common
shares (par $8)
being offered by the Association to holders of its
1,246,011 common shares of beneficial interest.
Included in the dealer
group are A. C. Allyn & Co., Inc.; Draper, Sears & Co.; F. S. Moseley
& Co.; F. L.
Putnam & Co., Inc.; Smith, Ramsay & Co., Inc., and
G.
subsidiaries
Income
income
Net
week is
16
4
...»
1,015
Federal
vious
Sept.
j
.
1948
-
52,374
Aug. 31, 1949, shows
•'
decrease
a
ONLY)
1949
V
1
income
Prov.
,
increase
an
is
15,616,577
of
output for the
of 133,454,000
1948.—V.
this Association
16,
This
(COMPANY
.
indebtedness of subsidiaries—
and
Expenses and
Higher—
—36 Weeks Ended—
V
'J.
EARNINGS
—
Government
S.
Total
;"'a'aA
Gas & Electric Association—Output—;
ended
kwh.
t$4.57
term), $84,023,556;
-
Securities
contract with Union Oil Co.
take the entire production,
Mutual
at May 31,
$8.36
.
put of 15,314,232
below production
Gas
$1,642,870
$1.32
$1.10
$1.53
$1.25
will
The net asset value per share of this Fund was $8.64
1949, compared with
*5,217,147
$2.12
share—
BALANCE
,
\a---.A-.^
■;
•
long-term
a
Union
Insurance
public
week
$1,902,694
investments—^
Interest income:
170,
said.—V.
OF
..
security
1,246,011
14,636,014
shares
com.
inventory
share.
Other
of
Nesbett Fund, Inc.—Net Asset Value Higher—
the
$1,992,182
349,313
July 31—
of Massachusetts
Securities
for
•Including
$1,629,463
instalment
The number of stores in operation decreased from 672
1948 to 663 at Sept. 10, 1949.—V. 170, p. 1085.
For
490,647
$2,252,007
349,313
surplus
Securities of Maine and New Hampshire
Total
•
into
which
Sales
20,558,600
____'——
Surplus
Earns,
four
Sept. 10, '49 Sept. 11, '48 Sept. 10, '49 Sept. 11, '48
$20,437,124 $19,706,020 $185,855,398 $184,068,128
(The)
:>
,
457,045
Doheny's Interests in
...
No.
first
Authorized
dividends——
A
Common
made
Nash-Kelvinator
Mason
—4 Weeks Ended—
4,000,000
price
surplus
Class
the
Mr.
years,
future
poss.
dec.in&_
Net profit carried to
*
which
on
National Tea Co.—Current Sales 3.7%
the
Provis.
previously
to
SUMMARY
V,'AA'
No
of consolidated in1
dividend requirements
12 Months Ended
in
Life
York.
1,312,279
$1,501,536
—
Dividend income:
Co.*
under
made
1947
$
&
has
about
6,000
barrels of high
gravity oil daily.
The Guijarra Hills field, discovered last year, is still being developed.
Arrangements have been made for financing the transaction with
New
1,666,277
Balance available for common share
producing
are
com¬
Earns, per com. share before sink, fund require.
Bal. per com. share after sinking fund require.
The Coalinga Nose and Pleasant Valley properies are fully developed
owned
6 Mos. End. July 31—
Fed.
Preferred
said.
Brandi
from filing
resulting
tax return
Inc., of New York City, a subsidiary of
Inc., has purchased the interests of Mrs. Carrie
approximately 2,570 acres and 72 producing oil
Coalinga Nose, Pleasant Valley and Guijarra Hills fields
stock
Montgomery Ward & Co., Inc.—Earnings—
♦Cost
corporation
each on this loan.
indebtedness will
leave
bank
has announced.
Nassau,
$2,813,815
;
income
Credit
inches deep,
kitchen shelf.
16
average
County, Calif., for $35,500,000 Frederic H. Brandi, President
Nassau
the
Balance
sales
wide,
the
749,559
$3,461,239
■
Net
Associates,
&
the
Fresno
of
ment
Net
inches
$3,563,374
844,505
$1,794,962
return basis)
pany
$2,000,000
this
Doheny
47,394
92,206
income
Interest
13,113
-
$4,305,743
Gas & Electric Association
Prov. for Federal income taxes (separate
kitchen
will prepay on Sept. 27 its $8,000,000 of long-term
the next four years, George W. Mason, President,
22.
This is the remainder of an original $16,bank loan arranged Jan, 31, 1945, to provide in¬
Associates,
Read
for
met)
Gross
3,861
pit.
revenues—
oper.
Other income
Dividends
16%
299,236
'(
Balance
U.
shareholders
3,861
—
utility
acqui. adjustments
Net
the
in
use
$3,862,610
322,908
Net income before Federal income taxes
for
132,710
-
$4,628,651
New England
*
The
of
res.
Amortiz. of limited-term
Net
103%
up
corporation.
It is an all-white
priced at $129.95. Early delivery
but 26 pounds, it can easily be
$20,000,000 funded debt,
will not be due for five
Dillon,
3,841,616
203,827
_________
Prop, retire. & depl.
appropriation
1949—12 Mos.—1948
245,690
expenses—
taxes
Amortiz.
were
$3,729,900
141,279
Subsidiaries
-
fit onto
$4,487,372
:—
the
in
over
New England
directors Sept. 19, T. C. Davis, Board Chairman,
reorganization for the system recently issued by
stamped as "meager" the recognition under the plan
plan
increase
"when
is
to
"
Other deductions from income:
tele¬
new
California Oil Fields—
meeting of
for the old
i
It
enough
purposes."
Nassau
•
ICC.
22
offered
Sept.
on
payments of
109.
Missouri Pacific RR.—Wants Changes in Plan—
the
tube,
i
,
t
$28,787,501 $27,375,428
24,300,128
23,645,527
—
-
31
1948
1949
•
expenses
JULY
ENDED
...
j/"'::•!: Ci/.
a
of
after
1949 in exchange for four shares of common stock of Pan¬
handle Eastern Pipe Line Co. and two shares of common stoclt of
Hugoton Production Co.—V. 170, p. 1085.
At
line
new
/■,!;.
income
complete line
to
distributors
of record
t
shareholders
to
MONTHS
i
Miscellaneous
Sept. 30,
attacked
Net
12
FOR
revenues
income
886.
under
of Mokan
Other
this
by
room.
small
887.
change Approved—
The
Its
EARNINGS
income
the
for
creased working capital for reconversion after the war.
It was termed
then a "peace-preparedness loan" and was the first major industrial
financing of the war years to be specifically earmarked for "non-war
Missouri-Kansas Pipe Line Co.—Modified Plan of Ex¬
offer
to
specifically designed
inch
long-term
000,000
882,061
$2,114,835
_
____.
set
Sept.
high,
Metropolitan
Balance
most
Operating
■;
1949,
15,
'
operating
operating
Total
15
V.
distributors'; sales
dealers "exceeding
corporation
receivers
factory
in 1948.
seven
corporation
loans
and
Net
from
a
room
p.
announced
of
Gross
.
this
the
Oct.
payable
1949.
Balance
5,450
,
payable Oct.
payment, Paul
Nash-Kelvinator Corp.—To Prepay Bank Loan—
in
Net
the
expected. •' Weighing
from
Estelle
3,563
.o
announcing
declared
was
19,
Total
dividend
quarterly
$3,
"excellent,'V with
announced
as
on
with
inches
9
—V.
p.
'V"-
■
,
share
1949—12 Mos.—1948
820,654
110,000
recently
television
model
dealers
to
$1,251,614 $17,748,790 $15,474,212
786,390
127,830
par
shares.
CONSOLIDATED
A
sales
announced
was
table
$2,000,000
Mississippi Power & Light Co.—Earnings-—
___
usual
prospects; for»
are
television
of
the
stock,
the similar period
Retirement
Period End. July 31—
line
described
Initial
sales in
with
revenues
1950
In
30.
that
into. 1950
corporation
vision
—V. 170, pp. 8 and 692.
Operating
declared
common
1949, a dividend of 22 % cents per share was paid on thb
On Sept.
15, 1949, a dividend of 22 % cents per
July 15,
common
.
highest hopes."
production
Balance
Sept.
said
and
Motorola's
our
bank
'aAK-.
v:A' •'A/V AAA;''
A
..
record
1949
$1,606,706
348,045
Cr)
(net
pfd.
$1,629,483
402,286
$136,890
Cr._
income—
on
110,796
826,286
845,610
37,969
disct.,
expense
deducs.
110,796
J 1,060,695
( 769,110
debt-
debt
of
prem.
9,233
146,013
$161,683
long-term
Amort,
Other
9,233
174,925
\
taxes—j
cn
Sept. 13
share on the
per
of
rest
oarried
income—
on
Divs.
3,636,536
of
Federal
Int.
"
cents
the common shares.
regular quarterly dividends of 20 cents a share on
shares, at stated value), $211,231,385; earned surplus,
total, $573,757,680—V. 170, p. 1085.
directors
of
1949—12 Mos.—1948
62,500
expenses
Prov.
price
First Kitchen TV Set Introduced—
1949—Month—1948
Operating
inventory
Motorola, Inc.—Declares Regular Dividend—
•
over
Period End. July 31—
future
Sept.
.V, Mississippi Power Co.—Earnings—
.
possible
13
(1193)
(issued 6,502,378
$217,914,948;
•
the
for
reserve
CHRONICLE
On
Galvin,
common.
Corp.
$32,562,088;
FINANCIAL
$26,000,000; reserve for self-insurance and contingencies, $4,588,715; $7 class A stock of no par value (issued 201,554 shares, stated
at liquidating
value), $20,155,400; common stock of no par value
each
is
taxes,
&
decline,
of
At
$2
stock,
of
COMMERCIAL
the
trustees
on
July
have
15,
1947, and
declared
eight
Co.
Inc,'
won
the award Sept. 21
of $9,120,000
equipment trust certificates, due $608,000 annually Oct."J|
1950 to 1964, inclusive.
Issued under the Philadelphis
plan, the certificates were re-offered, subject to authori¬
zation, by the ICC, , at prices to yield from
2.925%, according to maturity.
"
1
.
Other members of the underwriting group were A. G.
Becker & Co., Inc.; Blair & Co., Inc.; Equitable Securi-
14
(1194)
THE
ties Corp.; Hornblower & Weeks; Merrill Lynch, Pierce,
COMMERCIAL
requests authority
the company.
Fenner & Beane; Otis & Co. (Inc.);
First of Michigan Corp.; Freeman &
Phelps, Fenn & Co.;
Co.; Hayden, Miller
& Co.; Wm. E. Pollock & Co., Inc.; Clayton Securities
Corp.; Julien Collins & Co.; Kebbon, McCormick & Co.:
McMaster Hutchison & Co.; Mullaney, Wells & Co.; and
Indenture
to
act
to
stockholders
it
as
may
as
,,
,
Outboard,
Net
issued,
Of
offer
an
which
of
of
$15,000
issue
awarded
was
2.82%.
■.
Harriman
'■
99.318;
:
Ripley &
Salomon
2^48,
8tS
bid
a
on
bid
Proceeds
.. ,
the
fiom
sale
•* •
t
for
the
Net
diesel
16
road
electric
flew
42,000
during the
More
ire;gnt
than
week-end,
multiple
On
Corp.—Earnings—
which
record
on
and
Sept.
is
500
three
a
high
year
Other
in
inaugurated Conva.r
Airlines
connections
with
Boston
from
from
New
Liner
Period End.
Operating
expenses
Prov.
for
plant
'
—
earned
Fed. inc. taxes (separate
return
Other
V,:V-
"''
176,000
'
basis)
taxes
4,037,816
3,722,630
'
2,227,000
4,421,013
4,087,533
$490,141
$426,356
$6,446,808
$6,012,741
income
income (net)
Other
__
508
213
Operating revenues
Uncollectible
Gross
income
$490,049
$426,569
$6,449,970
145,203
1,650,091
1,788,295
tion
in
reduc¬
in
Fed
-$281,366
Net
$4,799,879
inc.
operating income.
after charges
Net
$348,080
266,000
273,000
$310,366
$5,072,879
769,527
—V.
—
—
-
•Resulting from joining
and others.—V.
company
1,413,745
48,510,506
9,457,973
$1,333,1015
8362,573
$3,672,794
1,301,170
853,214
3,681,720
1
$4,303,352
-
consolidated returns with
in
170, p.
$3,791,446
former
$7,094,632
7,129,904
Gross
$
Operating revenues
oper.
$
Operating
revenues
expenses
Operating taxes
36,270,127
28,620,172
—
——
Net
aftei
—V.
2,899,104
2,734,614
20,104,085
income
Gross
1,967,621
13,492,737
80,560
966,720
966,720
595,854
14,040,046
3,662,249
(4,912,145
|
taxes..)
of
debt-
debt
and
prem.
.
$631,401
169,005
$696,068
long-term
on
$9,897,461
$9,518,431
194,386
2,284,819
2,015,314
disct.,
31,073
31.691
Cr43,124
29,595
373,958
Cr430,055
Crl51,525
$513,732
$460,298
$7,668,738
Nineteen Hundred Corp., St. Joseph, Mo.—Employment
All-time
records
Reach All-Tinae
in
production and
80,541
966,469
966,469
$433,191
$379,757
$6,702,259
$6,308,275
income—
pfd. stock
on
379,927
Net sales & other inc.
by this corporation, Elisha Gray, President, announced on Sept. 13.
The company is now
manufacturing 28.4% more washers, dryers,
and ironers than in
October, 1948, its previous manufacturing peak,
he reported.
Employment today is at the highest level achieved hi
the firm's 51-year history.
•/•.,"
corporation
showed
its
redesigned
Whirlpool line recently, in¬
it has ever produced.
The
cluding
'dryer is
off
-
a
new
electric dryer, the first
now iri production,; and a gas dryer is slated to start
coming
assembly lines in late October.
Gray said that
demand
for
Whirlpool's automatic washing
the
Mr.
machine
has continued to increase since the early part of this
year.
To meet high demand, the corporation opened its new 286,000 square
foot'plant, adjacent to previous manufacturing facilities, this summer.
The new structure, now in
production, is devoted to making automatic
,
washers
in
dryers, with
original plant.
the
*
and
The
is
company
wringer
in
now
the
washers
type
of
midst
and
ironers
expanded
an
Cost
nation's
chised
to
the
Prov.
dealers
Net
1888.
C
,
Inc.—Earnings—
1949
1948
1947
•
1946
i
$379,984
$377,403
$339,912
$237,935
85,638
87,627
35,373
25,138
-
22,607
21.117
____________
'
24,133
L953T
(excl. profit
•
profit
$269,024
securities sold
on
$377,335 in
1947 and
$269,153.
amounted
$836,210
to
in
$231,168
$48,041
1946.—-V.
in
•
1
,
$126,471
1949,
168,
$331,249
1257.
p.
(&
Subs.)-
Earnings-—
1949
1948
1947
$2,910,255
$4,361,181
$4,331,600
depl.
and
Profit
Int.
taxes
2,963,492
4,233,068
4,046,370
$53,237
$123,113
$285,230
________
operations-
inc. tax
on
from
defi'neies
General
interest
Prov. for Fed.
—.
17,384
prior yrs.
(net)
Cr 156
taxes on
599
tCr34,739
46,000
118,000
$35,725
income
Cr94G
$78,059
$164,475
Minority share Pacific Coast Cement
2,156
Prof,
Fed.
and
exps.__
inc.
Misc.
of
1,194,920
5,065,840
4,782,321
amortization.-—
income taxes—
inc.
Net
crude
results
oil
4,952,754
3,911,434
ferred
$13,246,116
due
the
6,563,377
declared
$3.79
$2.02
14,349.000
17,612,000
15,558,000
4,409,000
4,702,000
4,028,000
169, p. 2755.
that
first
A
dividend
distributor organizations have been franline, Mr. Gray said, and a vast increase
the equipment is reported.—V. 170,
covering
Sept.
12.
&
200,000
The
Co^
Electric
statement
Electric Co.
to
due
was
sell
170,
fact
shares
the
with
$20)
(par
the
to
250,000
instead.—V.
filed
shares
common
withdrawal
decided
8063)
(No.
Aug.
of
4
withdrawn
was
Standard
that
common
SEC
Gas
Louisville
&
Gas
597.
p.
$179,937
Federal
income
taxes
arising
from
to
Receive
Back
Dividends—
company
entitled
are
of
$4
its
The
the
basis
of
the
011
the
on
should
additional
to
in
share
the
corporate
a
second
common
a
determine
scale
dividend
the
of
of dividends
$5
share
a
on
and
the
amounts-^
with
net
earnings.
preferred
accordance
on
amount
second
preferred
be
and
stock
a
of $1 a share on the common have been held
up since
1947,
the Court ruling.
In 1947, the company declared a dividend
first preferred,
second preferred and
common
stockholders;
pending
Four
the
on
preferred, $4
yearly
dividend
for
registration
this
accountants
bnly the dividend
Oklahoma Gas & Electric Co.- -Registration Statement
Withdrawn—
and
Crl5,462
$53,347
loss.-
Stockholders
stockholders
4,922,532
6,563,377
$2.67
(barrels)—
recoverable
operating
net
stockholders of
ruled
6,563,376
stock
produced
Crl41
•$35,925
peticd___
tEstimated
of
Cr24,853
~Dr 199
payments.
6,563,377
Crude oil processed at ref'ries (bbls.)
—V.
for
Preferred
4,124,901
8,586,013
$17,512,007 $24,879,093
outstanding-
com.
years.—,
—
Judge Walter J, Freund in the Superior Court of New Jerseys
Chancery Division in Newark, N. J., on Sept. 16 ruled that the pre¬
958,148
7,219,714
stock
sh.
per
i—
paid
com.
prior
met)
other adj
&
sur.
tax
items
carryback
1949
1948
1947
$33,806,546 $93,514,576 $57,896,857
55,669,481
53,901;791
25,656,208
776,897
_
dividends
before
.
.
.
,
operating
Federal
Net
produced
/
I
—
income
Cash
advertising and
.
and
—
for
Shares
selling
596.
P.
——
invest.)
1348,
He
the Whirpool
of
sales
Pepreciation
The
outstanding
handle
number
of
Depletion
promotional campaign.
The
169, p.
Corp.
(& Subs.)—Earnings—
Six Months Ended June 30—
achieved
*
The
Again Increased—
per
taxes
•loss.
Ohio Oil Co.
High—
employment have been
con¬
f
Divs.
Balance..—
—V. 170, p. 597.
and Production
(exclud¬
other
and
-
85,820
inc.
Net
;
$1,825,773
expense
Cost of goods sold, oper. exps., depr.,
$7,274,744
80,540
expense
Other deductions_______
81,527,423
recently
Pacific Coast Co.
4,747,008
19,518,083
693.
p.
'
Six Months Ended June 30;—
Sales of prod. & merch. & revenues
from other operations
3,520,591
674,756
income
Int.
23,772,903
1,925,970
charges
170,
3,864,616
$
32,836,562 249,551,372 229,928.006
20,032,007 196,616,752 173,421,132
4,059,941
32,820,535
32,733,966
4,750,351
.......
income..__
oper.
304,073
80,560
taxes
Federal
Net
Net
,
334,893
acquisiadjustments
Amort.
Operating
in
of plant
tion
7$41,433
2423.
p.
:
inc.
•Net
$3,533,184 $47,760,359 $44,849,412
1,921,296
24,079,371
22.434,382
$3,607,837
1,821,559
*—
expenses
43,000
1949—12 Mos.—1948
1949—Month—1948
depreciation..
General
32,976,789 250,342,071 230,626,768
90,227
790,699
698,762
112,319
rev.
%
1949—7 Mos.—1948
$
36,382,446
" $1,151,860
cents
35
cxps.
,on
revenue
for
Prov.
Co.—Earnings—
$1,868,773
selling, general and administrative
depreciation).
tOn
inventories
163,
income
Int.
888.
p.
Operating
parent
887.
1949—Month—1948
*
Uncollectible
of
Expenses
Ohio Edison Co.- -Earnings—
>
New York Telephone
Period End. July 31—
,
Total
44,877,282
7,960,532
taxes
170,
Amort,
■
154,331
6,747,219
1,067,574
Period End. July 31—
Balance
for
company
•Net
705,261
—
'
,
'
$4,496,707
appropriated for pfd. stock dividends..
Amount
6,953,447
Net
''
'
I
29,000
income
$4,230,707
-
•'
to
surplus
shipping,
Fed.
-
taxes
-
J
Operating
,$348,080
-r
♦Reductions
188,259
shown
taxes
below/
$1,527,423
17,000
Pacific American Investors,
$3,677,371 $G6,641,?73 $59,932,445
$9,706,298
revenues
Operating expenses
.
(before
$753,433
r-~;,
"v'.v*
Six Mos. End. June 3C—
Operating
■
Inc.
17,695
29,901
rev.,
oper.
$1,151,860
res.
split-up in June.—V.
$8,693,066 $66,729,532 $80,036,777
$9,736,199
$6,019,002
142,569
Total inc. deductions...
117,629
1,671,900
$
S
6,261
3,162
1949—7 Mos.- -1943
1949—Month—1498
"
139,763
1,003,000
.v
.
announced the declaration of a quarterly
share on the common stock, payable Sept. 30
to holders of record Sept. 19, 1949.
This compares with 30 cents per
share paid on June 30, last, which compares with 75 cents
per share
paid quarterly on the old common /stock prior to the 3-lor-l stock
Ohio Bell Telephone Co.—EarningsPeriod End. July 31—
Operating
31,2i2
600,200
Pabst Brewing Co.—Dividend
The
1,921,000
363,818
$3,658,302
losses
carried
provision
dividend
.
133,000
385,727
_
112,911
$2,670,186
(Minn.)—Weekly Output-
totaled
317,110
351,263
——.
possible
earns,
•Pius
ing
Electric output of this company for the week ended Sept. 16, 1949,
63,695,000 kwh., as compared with 63.674,000 kwh. lor the
corresponding week last year, an increase of 0.03%.—V. 170, p. 1085.
deprec, of util.
•
102,831
$1,389,925
53,170
before
earns,
Net
•
Northern States Power Co.
>43,510
$1,950,130
—
745,100
tingencies.—V.
1949—Month—1943
1949—12 Mos.—1948
$3,612,573
$3,542,160 $45,853,861 $43,434,513
2,209,442
2,301,876
28,721,224
27,690,614
July 31—
revenues
$3,545,391
charges
Net
*
Operating
$2,567,355
20,924,704
50,143
income
Res. 'for
170,
497.
p.
392,400
$1,346,415
oper.
taxes
service
York.—V.
512,909
Fed., Wise. & Cana. inc.
3,000 more than over any Labor Day
than the record breaking July 4th week-end.
more
from
to
2,000
Northeast
25,
Montreal
to
New York State Electric & Gas
shpwn
was made known 011 Sept. 21 by George
Manager.
Through August,
1949, Nortneast
Sales
19,328,348
133,819
income
Total
traffic carried
F. Scott,
A.riines
revenue passengers which is 9,000 more passengers than
same month last year and the highest since October, 1946.
10,000 passengers were carr.ed over the long Labor Day
has
corporation
General
7,938,744
$1,899,987
sold
deprec
earns,
Other
during August, it
I.
will be used to provide for
railroad equipment, estimated to cost
switching locomotives. 22
locomotives, 500 hopper cars, 500 flat cars, and
unit passenger coaches.—V. 170, p. 985.
The
■;
bid
.
Subs.) —
(&
$22,408,612 $24,862,495
$9,418,973
*
Airlines, Inc.—Traffic At Three-Year High
Northeast
certificates
x-\\[
u
diesel
12
of
certificates
of
the following r.ew standard-gauge
$11,673,820:
both
99.199,
cost
>;>>+/■
Brothers (jointly*
Lehman
and
Inc.,
Hutzler
&
''
-
interest
net
a
.....
Co.,
Bros.
99.5227,
of
Co.
1949—9 Mos.—1948
1949—3 Mos.—1948
$9,452,440
7,343,837
208,616
products
for
Manufacturing
&
0
__
of
Prov.
were
Rand & Co.
The
sales
•Cost
$300,000 only $31,950 in notes have been
taken by Paul A. Gow,
the recent
President of the company, and $10,000 by J. T. Harrington the lar¬
gest present stockholder of the company.—V. 170. p. 791.
subscribed.
Marine
Period End. June 30—
.
the
company
which were offered
financing measure have been poorly
of
temporary
a
>
,
notes
Monday, September 26, 1949
-
the best interests of
fit for
see
'
protected
CHRONICLE
FINANCIAL
&
law
first
suits
second
dividends
Holders
common
the first
on
followed
preferred stock
declaration
the
preferred group claimed
preferred
of
out
and
profit
that
stock
common
surplus
of second preferred stock
stock holders,
while the
for
or
of
made
entitled
were
period
time.
be
to
on
paid
1935
through 1947.
claim against the
similar
a
stockholders
common
that
at
payment of dividends
they
the
paid.
was
dividends
before
asked
for
an
injunction against dividend payments until the Court could define the
right of each class qf holders.
Since the Court case first began in 1947, the company has set
aside,
.
Norfolk Southern Ry.—Interest
Payment—
'
Payment
•
general
render
the
interest
2%%
in
and
made
Interest
New
is
be
made
Oct.
on
1,
1949,
convertible
due
and
be
to
beginning
delivery
a
Oct.
1,
1949,
in
settlement
must
of
the
carry
12 Months Ended
on
income bonds,
due 2014,, on sur¬
Oct. 1, 1949.
Exchange directs that the bonds be quoted exOct.
1, 1949; that the bonds shall continue to be
on
subsequent
will
Stock
"Flat,"
jcontracts
2%%
of
5%
coupon
York
New
dealt
interest
mortgage
of
The
of
Exchange
1, 1950,
April
Operating
the
at
Central
Hanover
Bank
&
Trust
887.
p.
Retirement
General
and
Co.,
?
Utility
Other
•
Co.—Meeting Recessed to Oct. 3—
special
Aug.
at
29,
the
At
or
The
•
April
of
27,
11,
to
Oct.
called
to
3,
has
18,
27,
1949,
1949,-at
received
of
was
again
E.
who
met
Parker,
73,735
Motor
Co.,
Montant.
has
on
to
been
Mr.
for
noon
—:
—_
deductions
18.
1949,
Paul A.
succeed
and
elected
a
director
for
$4,833,232
50,219
$4,383,451
769,447
427,500
427,500
53,496.057
$3.41
Gow,
who
years,
letter
to
stockholders
—V.
dividend
applicable
per
170,
common
to
requirementsstock
com.
share
and
surplus
(1,102,684 sharesl-
Inc.
Provision
its Granite Mountain Mine and could
premium
for
Orbisouia
Water
Co., Harrisburg,
Sept.
Co.,
Proceeds
prove
Net
not mine
at
a
At
that time
profit without the
copper.
overhead
an
month.
per
to
off
pay
outstanding
$9,500
of
so
to
enable
the
proxy
as
In
rectors
and
of
the
conditions
such
essential
properties to
material
requested
two-thirds
Obtain
the
as
of
mailed
members
be
to
of
the
reoDened
staff
with
stochkolders
on
of
employees
Inc.,
Harrisburg.
bonds and im¬
it
may
the
deem
voting
necessary
power
of
the
and
June
7
1949
advisable
company
is
company
mud
necessitates
current
premium
adequate
the
expenses
on Sept. 21 approved a proposal to retire 65,000
$100 par preferred stock. Each share of preferred will be
exchangeable for .1.6 shares of new $4 cumulative dividend $62.50
par preferred stock or for $165 in cash plus accrued
dividends, at the
option of the stockholder.
The new preferred stock will be callable at
$107 per
properties
the
raising
until
such
owned
by
the
L.
stochkolders
of
A.
The present 6%
Petersen, President, stated
Paper Co.
terms
to
this
of money to pay outstanding debts
time as metal prices or
government
from
preferred Stock is not callable.
that the change
(&
,
inc.
Total
on
Fed.
will give this
com¬
at
sv%.'
1948
%
$1,743,456
705,000
802,000
$1,056,393
$941,456
92,500
71,875
$963,393
to
high
oi
548,634
$869,581
548,584
$1.76
$1.59
on
level.
7%
$2,079,015
42,222
$1,131,804
$2,157,426
$2,121,237
683,757
550,656
54,671
109,509
121,949
290,900
558,200
639,700
$439,592
$805,961
$808,932
$0.82
$0.83
$1.45
sh.___
com.
169, p. 2107.
,
On
for
equal to $22.35 per share
*
a
decrease
decrease
June
and
was
of
1949
30
for
of
first
the
12%
half
under
wholesale
in
was
they
date
same
last
of
the
the
year
period
same
financing for dealers,,
amounted
to $32,494,387, an increase
Retail instalment sales financing
year.
two-thirds
over
the
of
total
loans
discounts
and
15% oyer June 30, 1948.
insurance premiums written
up
automobile
by
Insurance
Pacific
Finance
out¬
1
during
subsidiaries,
the
the
six
first
Olympic
and
31% over the similar period
compared to $2,513,076.—V. 170, p. 207.
companies,
were
up
Pacific Power & Light Co.—Additional Bank Borrow¬
v.
to
bank
extend
maturity
to
the
for
SEC
$2,500,000
of
date
authorization
has
outstanding
$6,500,000
2%%
of
to
construction
for
$6,500,000
on
of
obtain
purposes
bank
outstanding
■'
Pacific
notes
...
held
because
of
'
,
,'v
by
Mellon,
National Bank & Trust Co., due Nov. 15, 1949.
A permanent financing
program,
involving the sale of bonds by Pacific and a $2,500,000
equity investment in the company by American Power & Light Co.,'
was
expected to provide for the retirement of £he notes by Nov. 15,.
59,939
364,300
1949,
and for
However,
additional
"American
$443,435
"""
applied
borrowings
the
notes.
313,778
'
has
company
additional
$1,181,452
346,641
per
whs
of business
volume
this
last year, $3,300,662 as
$1,159,831
21,621
______
stock
common
■
of
the
over
months
and
62,797
inc..
the
companies, and other types^f business loans, Maxweli
President, stated.
loans and
discounts outstanding
were
maintained at
a
Gross
">•
$2,094,629
debs—
i-_
ings—Permanent Financing Postponed—
_i.___.__
&
outstanding-__
share
finance
standing
.■
_____
notes
stock
common
.
their
791.
31,354
earnings
Earns,
—V.
of
stock¬
$1,761,393
taxes
taxes
stock-
common
$118,940,993,
Most
accounted
-
Net
value
the
However,
1949—6 Mos.—1948
•
for
corporation's
Marathon
$1,100,450
income
taxes
1949—3 Mos.—1948
(net)
Depreciation
Int.
by
buy
claim
California. (& Subs.)—Earns.
1
1949.
totaled
C. King,
Subs.)—Earnings—
before
opers.
depreciation
Other
face
shared
be
requiiements—
common
30,
1948.
The
Period. End. June 30—
.'Gain
income
book value of
The
v
Oxford
Approval
required
justify resumption of mining operations.
At
that
time
operating capital will be necessary and the
management
share.
pany more flexible financial structure and permit directors
discretion to reduce or eliminate preferred stock.—V.
170, p.
The
maintenance
of
stockholders
shares of 6%
di¬
management believes that it is essential
that the board of directors have the
power to act as circumstances
•may permit to raise money; otherwise the
management may be forced
to sacrifice major essential pieces of
equipment to satisfy a creditor
which would seriously retard eventual
reopening pperations.
The cur¬
rant income is below the expense of overhead
and
Protection
per
June
1949
time
reasonable
a
authority to mortgage the property upon such
authority.
should
income
:
dividend
shares .cf
of
The
at
mortgage
Otis Elevator Co.—Plan to Retire Preferred Stock
Ap¬
•
The
Federal
income
Earned
properties.
Personnel
of the company have been reduced to
a
level the management con¬
siders to be the minimum consistent with protection of the
properties
of
that
1949
Federal
for
prov.
income
loans
9
rehabilitating
At the present time the company owes $125,000 and
has
retention
profit
to
their
169, p. 2107.
for
Preferred
No.
Pa.—Files—
company on Sept.
14 filed a letter of notification with the
SEC for $21,000 4%% closed first
mortgage serial bonds to be offered
at
par.
Underwriter,
Warren
W.
York
&
since the veto of the Allen
on
Including maintenance of approximately $6,500
and
represented
funds
in
888. '
p.
proved—
No mining operations have been carried
before
Net
died
2,000
owns
dated
bill with regard to Premium Price Plan in
August, 1947.
jthis Company was still in the process of
reopening and
government
bonds
Pacific Finance Corp. of
$3,763,513
$3.17
these
holders.—V.
692,437
4,191,013
—_
its
The
22
said in part:
;
the
$4,624,021
as
.
a
used
Judge Freund decided against the .preferred holders
that the difference between - the purchase price and
3,923,557
stock
Balance
Earnings
shares
stock.
of
in
and
back
2,280,800
$4,693,004
income
income
Preferred
(MST)
775,492
the company, and persons related to Mr.
Parker
shares.
Mr.
Parker is also President of
Parker-Morelli
which
is
the
Studebaker
automobile agency
in
Butte
Parker
company retained its earnings
bonds below their face value.
-
1.183,762
2,072,800
taxes
in
-
$5 in 1945, $2,50 in 1946 and $5 in 1947 were paid on
preferred stock.
Judge Freund said that in the other eight
the
68,983
income
income
income
to
1949.
Parker,
of
first
1,338,630
state
operating
Gross
Net
1949
and
12:00
proxies
July
Joseph
June
company.
company
directors
of
for
July
outstanding shares
•shares of the stock
own
meeting
1949, then
again
the
the
the
board
Mr.
and
of
time
President,
-
July
1949,
56.80%-
years
Six Months Ended June 30—
stockholders'
to
office
this
the
1,382,531
income—net
Total
in
United
States
Treasury saving notes which represents
earmarked for dividend payments.
1933 through 1947 the company paid dividends in only three
although profits were earned in eight of the
11
years.
A
years,
dividend
1,056,946
1,313,471
accruals.
taxes
Federal
From
1,340.095
—_
reserve
1948
'
$20,409,937 $19,005,371
9,720,913 ' 8,268,097
•
Maintenance
v
North Butte Mining
recessed
revenues
money
1949
Operation
New President Elected—
first
July 31—
coupons.
payable
York, N. Y.—V. 170,
The
$460,000
Oklahoma Natural Gas Co.—Earnings—
tainty
as
$1.46
tional
$2,500,000
may
make
to
American's
such
equity
construction
considers
other
it
cash
funds.
impracticable
requirements"
investment in
investment
on
or
Pacific
about
May
by
1,
to
make
Nov.
1950.
15,
the
uncer¬
addi¬
1949,
but
Accordingly,
Volume 170
Pacific considers
until
on
In
to defer
May 1.
meantime,
Mellon
payable
it desirable
about
or
the
from
Number 4841
:
and
■
permanent financing program
a
hearing
for
Sept.
26
888.'
p.
Operating
Telephone
-'
&
Telegraph
•
Prov.
,
Co.- -Rights
to
of
State
Holders
of
the
preferred
right
to
and
shares
common
subscribe
on
before
or
of
record
Oct.
for common shares, to the extent of
preferred shares and/or common shares held.
share
'
.
Sept.' 23
1949,
17,
one
Airlines—
seas
The
corporation
$59,000,000
cluding
Irom
of
prerequisite
revised
of
of
sale
a
the
in
of
York
bank
new
for
the
for
20
nation's
credit
when
merger
that
the
banks,
its
with
""
in¬
tion
of
AOA
stockholders
final
for
of
had
earlier this
merger
examiner,
it is
Washington for
last
week
became
the
of its
one
a
signed
transaction,
which
be
would
airlines."
when
necessary
Revision
the
—Sept. ,13—passed ^without
amendments
The
and
•
Chase
involved
will
various
supply
Proceeds
of
agreed
to
the
cash
purchase
debtedness
certain
under
the
its
own
the
deal
with
amounts,
it
Sale
the
Pan
mwlths
be
not
be
not
deal,
the
beyond
that
date
if
American's
Pan
according
will
have
to
■
p.
1036.
•
Sales'
Federal
Other
!'
refund
write-down
of
inventory
charged
for prior
taxes
reduction
a
—
To
Sell
to
sell
»
in
York
to be
is
York
its
effected
prior
shares
of
for and purchase
to subscribe
capital stock
York
which
to
are
the
slow-moving
number of
which
would be
it
items and certain
discontinued.
be
of
from
Pennsylvania
York
and
into
k:nues
311,000
144,056
144,056
V.
!
that
machinery' and other capital
purchase of the company's new
of. $214,404
on
381,317
the
of
company
153,829
$898,666
revenues
7
Six Months Ended June 30—
1948
$5,778,507
842,650
771,874
$317,632
$538,355
$407,881
23,096
40,402
22,991
income
$340,728
$578,757
$430,872
10,000
7,138
9,176
Selling, warehouse and admin, exps.
' 337,718:
3,738,073
from
operations
credits
for
Prov.
Fed.
applicable
to
State
inc.
127,541
taxes—
226,843
$8,858,991
2,199,765
pfd.
of
trains.
$259,623
1948
As
the
on
required
June
I,
190,000
preferred
paid
v/as
then
shares
the
under
$159,015
into
1949 in which there
was
an
preferred
of
stock
the
AC-19,
Cleaner
the
>
t
new
170, p. 889.
v
;
.
store
was
utilized
for
the
redemption
at
call
price,
of
1,026
shares
of
preferred stock, leaving outstanding at Aug. 4, 15,060 shares.
31 the maturing installment of $100,000 on the long¬
-term bank loan was paid.—V. 168, p. 2011.
<
on
>■
July
profit
income
1949—8 Mos.—1948
v.
170,
69,564,391 505,584,494 498,274,070
597.
p.
of
Airlines Corp.—Interest—
Pennsylvania-Central
the
"
interest of 13A%
will be made on Oct. 1, 1949, on
15-year 2V2 '* convertible income debentures, due 1960, on sur- -
render
of
the
due Oct. 1, 1949.^
The New York Stock Exchange directs that the debentures be quoted
of
ex-interest
to be
contracts
.
and
in
made
is
Oct.
and
1,
1949;
to
Oct.
be
a
that the debentures shall continue
delivery in settlement of Exchange
1949,
the April
1,
1950,
payable at the Manufacturers Trust Co., New York,
N. Y.
subsequent
Interest
on
"Flat,"
beginning
1,
must
carry
coupons.
—^ 169, p. 1338.
;307,137
288,024
,3,848,616
108,682
37,500
$220,570
$161,549
$2,747,222
Drl,704
Br 1,029
$218,866
62,872
$160,520
: ei;871
$155,994
$98,649
p.
charges
to
,
"
——
-
——
tax_;
the
to
Henry
—V.
543,900
$2,251,773
-Br8,372
15,440
$2,738,850 .$2,267,213
r802,694 , /
.
631,546
28,560
{28,560
341,700
$1,635,667
* 341,700
$70,089
$1,594,456
$1,293,967
$0.13
$0.07
$1.69
$1.37
(ndw cutstdg.)_
170,
889.
p.
Puget Sound Power & Light Co.—Earnings—
Oper.
1949—Month—1948
revenues
$2,144,227
Operation
■■■'
213,400
2,128,180-
158,275
145,833
162,000
107,000
1,837,760
1,601,000
1,826,554
323,069
321,238
3,686,104
*3,744,489
$532,184
$494,014
$6,356,291
$6,897.77C
183
Br2,461
37,575
Br4,904
$491,553
$6,393,866
$5,892,866
Sept.
per
revenues
net——
&
1,688,602
134,124
_________
preference
2,327,711
194,972
2,208,254
2,395,651
$348,243
$296,581
$4,185,612
$4,497,215
amort
income
12,269,849
dividends—
687,500
687,500
$3,498,112
—
$3,809,715
170, p. 1086.
Railway & Light Securities Co.—Net Asset Values—
$972,449
85,385
96,739
Based
Per
upon
—
"387,736
.$641,723
343,200
$1.50
$1.47
collateral
$632,622
423,000
4%
—V.
cumulative
15
future.—V.
170,
p.
791.
31, 1949,
securities
Aug.
3j/4%
this company
follows:
as
;
preferred share,
$50 par_^_-
$24.75
'
—
148.98
2,519.06
bond
/>•{/•{.•.
'■
•
*
' V
*.
'.'
■
•'
■'
.
•
The directors on Sept. 21 authorized the redemption of 5,000 shares
the company's $3 cumulative preferred stock, of which
there are
outstanding 20,738 shares.
The shares are to be selected by lot from
those outstanding at the close of business Sept. 28.
of
Rate
•"
Increased—
The
redemption date
date
to
and
second
in the
price
will
be
regular quarterly dividend
will
be
stated.—V.
'
fixed at Nov. 1; 1949, which is
quarterly dividend on the stock.
the pay¬
was
the regular
$55
per
share,
of 75 cents a
plus
an
share.
amount equal
'
-
transfer books Will be closed at the close of business on Sept.
Reed
Stock
$1,061,882
$1.51
for
redemption
th<!
The
MONTHS ENDED JULY 31, 1949
taxes
of
as
outstanding
——
Raymond Concrete Pile Co.—Partial Redemption—
declared a
share
its
of
convertible
trust
170, p. 208.
ment
Co.—Dividend
quotations
share—
common
Per
48,830
393,314
market
net asset coverage
reports
$1,069,188
J. Kaiser,1 President, said the net earnings for the
ended July 31, 1949, were the best quarterly earnings
foreseeable
income-
Income,
Balance
+Includrate of tax for the year 1948.
amortization:
1949, $212,617; 1948, $197,675.
Cement
on
12,601,145
157,876
__________
Balance
Prior
1949—12 Mos.—,1948
,
354,295
$532,367
oper.
Other
'
$2,135,780 $28,210,480 $28,754,975
810,823
Fed.. taxes on
Other taxes
'
985.
$1,936,156
■
Period End. July 31—
314,955
history of the company.
Moreover, Mr. Kaiser stated, following record-breaking cement sales
in
August, the outlook for Permanente Cement sales
in Northern
California and the Pacific Northwest promise capacity operations for
'the
.
$127,434
Balance
stock
effective
and
earnings after charges and
quarter
1,520,328
„
Earned per share of com,
•
:::-^1948^;;:-
54,780
income
for
directors
Earnings
•
3,409,957
,999,791
79,826
1,829,508
540,100
Net
1949
Net
coupon
1%'/1
dealt
power----
,1949—12 Mos.—1948
$1,113,663 $13,872,540 $12,996,553
380,166
..3,686,033
4,185,978
145,686
Interest
$1,039,817
EARNINGS FOR THREE
Payment
Hampshire—Earnings—
50,000
Net
quarterly dividend of 50 cents
per share, payable Oct. 29 to holders of record Oct. 14,
Previous dividends totaled
$1.15 regular
and 35 cents extra for
the 1948 fiscal year and 35 cents a quarter for the first two quarters
The
68,292,634
$1,215,150
365,027
.
Pfd, stopk dlv. requjre.'ts
Reports Record Quarterly Earnings—
-
"
Sales
__L
income
The
1949—Month—1943
par).
40,000
notes.
160,308
*
sub¬
$1,004,432
"
Permanente
(J. C.) Penney Co.—August Sales Off 1.83%—
Period End. Aug. 31—
and
Public
of
($10
and
18,137
21,904,295.* 21,319,634
—
___
depreciation
170,
bonds
shares
common
preferred
—$22,908,727 $22,292,083
Federal income
."Adjusted
V.
IV2
of
1,202,924
.
was
326,342
period
—______i
Cash dividends paid on common stock
;—
Earnings per share on 429,000 shares of com¬
mon
stock outstanding
— _____
ing
shares
1949—Month—1948
Net income
'
Also,
to
and
Southeastern
of New
.
31—v
revenues
\
•
par),
of
4,832
addition
in
expenses
'
of $2,361. Of this amount $55,177 was expended in June for the
purchase,; for retirement, of 537 shares of preferred stock. On July 1
remainder
($100
share
one
outstanding
common,
cost of
h $22,582,385 $21,977,130
Income——.;
income
Estimated
year
the
stock
for
has
•Depreciation
,
compound
/ 1949
June 30
sinking
Net
proposed
reported, 4'/a -shares of Public Service common would
one
share of Southeastern 5V2% series
preferred
Per
k
the
Gross income
Total deductions
'J'
Total income i._^_
fund on
unused balance from the preceding
upon
stock
(no par)
in exchange for
Southeastern Indiana Power Co..
of
operating Income
Non-oper. income (net)
'
Co.—New Product—
__
Operating
company's
30
Ex¬
on
.
income
Miscellaneous
outstanding.
stock provisions
the
$2,162,443.—
was
6,235
the
Pennsalt
as
store
Other
period
common
Net
New Diners-
tCost of sales, store operating, warehouse, general and administrative expenses—_——
Net earnings for the first-half of 1949 were equivalent to 85'c per
share on the. 197,600 shares of common stock presently / outstanding
as
compared with earnings of $1.61 per share during the first-half
charter,
issue
to
Fed. taxes, on.income
new .cars, the railroad is moving ahead with the
modernizing 40 other dining cars, including new
trucks with improved riding qualities, and it is expected
of these will go into service this year.—V. 170, p, 985.
to
sales
Total
12-month
94,503
completely
some
Other
$111,790
new
'
Net
1948
■
3,428
$5,464,896
—
"1949
:
hearing for Sept.
a
-«,
$7,444,896
1,980,000
—
77
,
current
Depreciation—electric.
/ .Transportation
Taxes, Other than Fed¬
'
162,073
$344,776
1086.
p.
'
preferred, stocks
common
Other
Peoples Drug Stores, Inc. (& Subs^)—Earnings—
■„:f
of
the
scheduled
company
of
Total
•
•
has
and
"Operating
—
icals Division.—V.
$203,187
&
income
Net
for
Public Service Go
—V.
Gross
Income
170,
V- '
Period End. Aug.
;4,5§2,121
$502,004
$6,659,226
282,015
$615,832
tocks
stocks
—_
6 Months Ended
Profit
Income
dis-
Service
$839,722 $12,597,064 $12,007,017
coaches and Diesel and electric locomotives.
3,652,290
720,852
—
sold
from
The proposed
exchange is a step in a program under which Public
proposes
to acquire and make a part of its electric utillty
system substantially all the properties now operated by Southeastern.
—V.. 170, p..1086.,-. /'.
.•• • ::/ V-\,v.',;//. :;77
.
93,598
83,169
2,057
$897,847
$4,781,023
4,468,278
—
goods
received
been
V
previously
shares
announced that, out of its Whitemarsh
a
new, powdered, acid-type of cleaner,
developed primarily for cleaning exteriors of painted railroad passenger
" 1947
1949
3,934,929
charges
of
of
As
jected to exhaustive field trials by many of the nation's leading railroads before being placed on the market by Pennsalt's Special phem-
$5,095,211
sales
Cost
come."—V.
1086.
cumulative
company on Sept. 14
Research
Laboratories comes
(& Subs.)—Earnings—
already
be offered in exchange for
>;
■
$837,665 $12,513,895 $11,913,419
,Br819
(net)
charges
Known
Parkersburg Rig: & Reel Co.
cabinet.
have
$17.7,913
SEC
common
The
^350. "
has been underway
The Philco built-in
circuit itself and is
years.
television
the
of
the
orders
Maintenance
remains
sound, with current
assets as of June 30, 1949, of $3,676,955 against current liabilities of
$541,055, compared with current assets of $4,167,026 and liabilities
of $656,058 at June 30, 1948.—V. 168, p.
position
to
income
170, p.
The
>
plant
Pennsylvania; Salt Mfg.
.
Current
part
said.
system
several
Public Service Co. of Indiana,
Inc.—Hearing
change Offer—
1,728,675
1,728,675
351,308
income
four-wheel
President, reported.
was
expended
improvements, and $307,500 for the
Los Angeles plant.
' '
total
antenna
past
12-month period ended July 31, 1949, gross operating revdabout 10% greater than for the similar period of a year
were
Net
ago.
.
39,034,229
5,363,502
1,820,364
3,307,833
43,288,935
5,100,551
1,816,732
4,316,168
3,417,376
adjusts
addition
work
of standardization and simplification of existing product lines,
B. Taylor
A
time
the
For
7
$5,245,243 $68,764,956 $63,168,022
3,586,629
147,057
elec.
through
In
number
a
avail-
time
President, in a letter
12 dividend checks.
income
I Service
dining cars, in the modern decor, with roomier seating
improved service facilities, are. now going into Pennsylvania RR.
trains, marking another forward step in the road's broad program to
improve dining car service, it was announced on Sept. 14.
Delivery of five new cars has just been made by the builders,
another will be ready later this month and two are under construction.
These.are in addition to 16 new twin unit master dining cars which
the Pennsylvania recently placed in service. .
The new cars now being delivered,
each costing $135,000, will go
the year, continued development resulting in the introduction
of new products was carried on concurrently with the
During
program
rapidly
the
some
Gross
operating revenues for
July,
1949,
totalled
$1,613,920.
A
volume of sales, .plus the effects of rate increases granted in
May of this year,-accounted for a T4V2% increase over gross revenues
of July, 1948, Thomas W.
Delzell, Chairman said.
Penn-Western
between
1949—12 Mos.—1948
1949—Month—1948
$5,493,716
Pennsylvania RR.—Receiving
other high-
Balderston
Mr.
the
within
substantial
some
offer
after Dec. 31, 1949.—V. 170, p. 497.
—
income
Net
More
is being
that
are
allocated for
be
greater
and
realizable
•
William
built-in
77 Month of July—
Pennsylvania ..Gas-
stock
capital
a donation
entered into
as
will
-V.a 170Cep." *889~:
approx¬
■
indications
Balderston,
accompanying the Sept.
the
on
concealed
eral
resulting
year
v -
present
Portland General Electric Co.—Earnings—
\
transfer to
will
received
_________
income
Divids.
$56,000
1320.
p.
our new television receivers, and production
increased rapidly to meet the demand. All present indications
that the available supply of merchandise will have to be allocated
for
entire
In the event such prior sale is
proposes
offer.
—
of
Interest
7
" -T00,558
in inventory of
by
,
$5,581,415
of
165,
is being
,
366,000
taxes
Gross
year's operation and representing
market value or removal from
the
to
estimated
to
a
credit
year.
tributors and dealers for
,
note
of Its outstanding debentures
the Commission and on which
>
> ,' • <
/ *
before
interest
contract
expenses
oper.
Other
■
reflects
1949
manufacture of
items
income
fAfter
of 1949 loss.
loss in
$600,000
imately
Federal
of
taxes,
income
reported
stockholder^
"Very
1948 *'
J156.827
—
—
Federal
above.—V.
television sets is being increased
present television areas,"
entirely
sale).
$1,900,000
a
authorization
holders
additional
120
revenues
acquisition
Net
'
1949
$7,545,862
7
after
carry-back
NOTE—The
Net
Gas's
originally
company
taxes
Amortiz.
O.—Earnings—
/
charges—
after
income
estimated
from
S.
Corp.
.•
•.
30—
—_
loss
"Net
.
retire
is
our laboratories for
antenna
is
an
integral
240,000
for
it
"Research
of
proposed
short-term
construction
program.—V.
170,
SEC
the
Depreciation
.
■
Parker Appliance Co., Cleveland,
; Years Ended June
of
to
'
but all
in
..
additional
,
cost
to
Period End. July 31—
C. A-—Additional. $tock Listed—
for listing on the New York Curb Exchange.on Sept. 8
voting trust certificates for 300,000 one bolivar par
capital shares now held in the company treasury and issuable
pursuant to employment agreements.—V. 170, p. 694/
7
/i ./•
77 ' 77: ::7' ■'
/w 7 7,.-.
7
'
Vv
7.i■ '
the
216,000
remaining
Philco
tNet
received
latter's
service
new
). Operating
i Operating
•
Philadelphia
1950
new
demands,
Southeastern
on
common
for
the
Corp.,
A
the service
the
down
draw
the
come,
the
in
Approved
were
Net
■
,
the
last
"Fhijco has developed and incorporated in its new television models
a complete self-contained electronic aerial system which will eliminate
the necessity of aerial installations of
any
kind in up to 80%
of
$7,000,000
its
Electric
&
proposed that
holdings of
Gas.
•
_
lias
York's
under
Service
in¬
reports
to
meet
to
v
Pennsylvania Power & Light. Co.—Earnings—
/by that time.—V. 170,
announced
Pancoastal Oil Co.,*
retire
continue
payments
of
also
'
liabilities,
agreement may be extended for
the Government's decision should
the
1949;
and
Pennsylvania
shares
It.is
"
probably
but
from
to
of
able supply of merchandise will have to
stock
now
stockholders at $50 per share.
entitled
Currently those liabilities stand at
they may be much higher at the time
but
preferred
shares
possible, Pennsylvania Gas
901
lar-
to pay AOA $17,450,000 cash for
responsible for AOA's liabilities at
AOA
of
common
make
to
the -latterls
eliminate
loans,
.
Will
because
completing
three
'
American
by -Pan
cash
"
$10,000,000 line of credit to pay for eight Boeing Stratocruisers
on order.
'
'''77.7/ "
-■
/■■-7'777 '
:
American and AOA have set March 13, 1950, as the deadline
has
for
to
bank
18,
corporation
York's
write off
and
and
Association
Production of the
t
$5,646,872
to the issuance by .York of subscription warrants in connection with
its proposal to. sell an additional 6,000 shares of its capital stock to
.
completed.
$3,000,000,
merger
used
to
agreed
also
is
merger
approximately
of
'
**
It
assets.
the
time
be
AOA,
to
aircraft
has
American
latter's
would
outstanding
financial circles.
Pan
loan
payment
$5,360,301
shares
a plan now pending
hearings have been commenced.
'gest single participation said to be $7,500,000.the
7
2,544,764
unissued
pursuant to
-i
National, Bank.
banks
30
Dec.
rata
pro
to
country, it is understood.
Among the New York'-banks^ in¬
according to reports, are the New York Trust Co., Guaranty
Co., * Bankers Trust Co., Central Hanover Bank & Trust, Co.
The
1,740,353
preferred
but
of
Philco Corp., Philadelphia—Tc Continue Allocation of
present Interest In York County ■ Gas Co. (York, Pa.), consisting pf
4,506 shares of its capital stock.
The York stock is to be offered for sale at competitive bidding.
Pennsylvania Gas proposes to use the net proceeds of the sale to make
agreement
set for completion of
final decision from the CAB.
Fire
Television Sets—V
t
"•
the
Trust
See
$8,191,636
of Financing Plans—
bond
a
authorized
authorized
borrowings;
"
supplying the line of credit to Pan American are in -Pitts¬
burgh, Chicago, Sc. Louis, Philadelphia and other major cities through¬
volved,
filed
;
Pennsylvania Gas
•.Holdings— 7% 1
•
Banks
out
has
week
889.
p.
mere
a
agreed
merger
deadline
a>
$7,100,654
$6,500,726
in
46,000
bank
<„
the propbsed
his report.
The
in the case to
parties
the original
of
increase
maturing
a
as
on
issued
understood, has summoned
a
hearing to consider the
two
60,772
1,719,719
Proceeds of the financing would be used
„
when
stock
American
testimony
he 'has not yet
but
year,
take
$8,130,864
50,352
17,124
$8,220,445
company
corresponding
,
Philadelphia National Insurance Co.-^Proposed Merger
,
1,451,972
$7,050,302
$8,203,321.
income
the
over
317,826
{1,504,264
:}
340,116
Dec.
approval,
examiners
862,956
2,438,400
(
financing pro¬
posal with the SEC.
'
■.K.r; v
.777
" ' 7'7.
Under the proposal, the company would issue and sell at
competi¬
tive bidding $11,000,000 of first mortgage
bonds, due 1979, and 70,000
shares of cumulative preferred stock, series D.
In connection with the
latter, holders of outstanding preferred would be requested to approve
v
formality.
The CAB
The
an
13, 1948. '
With the
bank-financing program assured, completion of the merger
now
awaits Approval of the CAB and President Truman.
Affirmative
action by the Government would then bring the matter to the atten¬
agreement
merger
862,956
2,838,000
2,175,677
Income
(only
became
Airlines
the
for-Pan
of-
862,956
3,677,000
;;
—
Asks SEC for Approval
7
proposed
American
two
that
stipulated
cash-instead
the original
Pan
by
2,879,393
0.2%,
or
.170, p. 1086.
to
of
loan
a
largest
City, in connection
Airlines, Inc.
proposed
be
of
30
Sept.
Overseas
agreement
consummated,
provided
New
3,063,979
—V.
1,403,518
output of this company and its subsidiaries for the
Sept. 17, 1949 amounted to 143,079,000 kwh., an increase
kwh.,
2,478,777
income deductions—
Net
'
arrangements
syndicate
a
American
Establishment
<"**
'
completed
in
seven
acquisition
Corp.—Merger
Financed—
Lend $59,000,000 for purchase of Over¬
' '
1,683,941
electric
ended
272,000
to
The Bankers Trust
Co., New York, N. Y., has been appointed
York
agent to accept subscriptions for common stock and to
transfer the warrants, during the
subscription period.—V. 170, p.,J086.
Syndicate to
—_
.
of
12,758,758
,
New
Bank
The
week
$32,722,464
3,106,468
—_
—_
15
Philadelphia Electric Co.—Weekly Output—
1947
,1948
,
1,171,147
adj._
——.
income
income
Other
Total
Airways
r.
3,258,072
3,445,410
plant
acquis.
taxes—
taxes
Gross
American
resale___
'
taxes
Operating
per
live
each
Subscription Agent—
Pan
(1195)
shall
$100
at
for
for
util.. plant
income
Other
have
1949
$40,091,339 $36,656,377
17,297,756
16,206,351
for deprec. of util.
Federal income
Sub-
scribe—
share,
'/
Maintenance
Amort,
Pacific
CHRONICLE
FINANCIAL
revenues
Operating expenses
Electricity purchased
the
upon
&
Pennsylvania Electric Co -Earnings—
borrow the
additional
$2,500,000
$9,000,000 2%% note to the bank
the new borrowings and the extended
new
1, 1950, covering
maturity on the old.
The
Commission has ordered
COMMERCIAL
12-Months Ended June 30-—
would
a
May
application.—V. 170,
its
:
Pacific
execute
THE
reopened
169,
p.
Bit
Roller
Dividend
The stockholders
capital stock
dividend to be
Following
the
at
opening
of
business
on
Oct.
3,
it
28
was
1674.
Co.—Capitalization
Increased—5%
Approved—
on
Sept. 20 approved an increase in the authorized
from 630,000 shares 'to 1,000,000 shares and a 5% stock
payable on Sept. 30 to stockholders of record Sept. 23.
payment
of
the
stock
dividend
there will be outstanding
See also V. 170, p. 890.
661,500 shares, leaving 332,500 shares unissued.
Reliance
See
Insurance
Fire Association
Co.
of Phila.—Proposed Merger-
of Philadelphia above.—V.
165, p. 1321.
16
(1196)
Monday, September 26, 1949
Republic Natural Gas Co.—Earnings—
Years Ended June 30—
1949
COMPARATIVE
,
1948
Period End. July 31—
1947
.
Revenues:
Operating
Natural
Oil
$3,268,932
$3,192,241
6,428.672
3,951,971
212,462
111,914
—.
—
Total
revenues
Provision
________
lor depl,
$10,662,241
4,446,800
1,331,224
,
Interest
debt
and
for
Prov.
and deprec
Fed.
State
$9,735,101
income
Net
__
taxes
140,862
342,000
r,* 118,087
160,000
266,000
w
$4,394,153
_
$3,947,001
Utility
Properties
Cash
banks
in
Other
Other
assets
Total
hand
on
—___
1949
—
assets—-//'
———
'
■
---
Balance
866,995
--
expenses
taxjs
Income
Capital
stock
Capital
:
Earned
*
125,150
——-
r————
———
_
and reserves
<par
266,000
150,254
...
per
Operating
10,637,849
ment
of
1949—Month—1948
Gas
——
$906,668
$817,903
$6,274,541
the
daily,
1,612
952
12,581
that
Operating
$816,951
gas
it
620,273
$6,261,960
4,711,182
$5,484,219
091,131
4,376,291
We
121,030
112,254
860,177
692,999
taxes
Net oper.
income
charges
after
170,
$92,895
$78,424
$690,601
$414,929
43,498
54,917
359,965
233,448
-
(N. Y.) Cable Corp.—Files With SEC—
Sept. 8 filed a letter
shares of common stock.
27,500
of
assets
exercised
in
at
time
prerent
170,
with
directors
convertible
deferred
preferred
dividend
stock,
action
$12.50,
par
both
on
the
the
and
6%
supply
stock,
earnings
Distributions
of
share
per
1948
Safeway
18%
cents
the
on
and
to
Inc.
Period End. Sept. 10—
Domestic
sales
sales
The
share
per
stock
common
including
Stores,
Canadian
during recent months.
Mr. Butler
showing definite improvement,
ar
July
the
on
1,
1949.—V.
each
170,
Domestic
1949—4 Wks—1948
8,157,296
company
Sept.
and
of
pared with 2,129 a
10,
1949
S
less
than
South
working
ever
Justice
Arthur
an
not
order
Smith
Mr.
Stockholders
Superior
the
in
its
Court
corporation
annual
at
Montreal,
furnish
to
financial
Sept.
certain
that
of
with
is
gas
of
greater
filed
a
the
order
"is
The
motion asking
judgment
a
up¬
to
The
1945
gas
extent
than
doubled
will
and
result
is
all
between
be
our
not
only
may
appealed,
be
attacked
but
had
^the court to void the order.—V. 170,
Co.
at
$335,000
pulp
bleaching
plant
is
scheduled
of
to
doubled
third
a
a
pipelines
the
necessary
in the Atlantic
customers
to
City and
addition,
will
also
County Gas Co., serving the
Gas Light Co., serving the Bridgeton
Power & Light Co., serving the Ocean
and
company,
The
Bridgeton
Jersey Central
additional
directed
at
prices.
lower
toward
-N
meeting
;•'
•...
Production scheduled
the
for
the
last
challenger
of
better
quality
the
company
show
may
investment
new
will
year
capital
the
minimum
earnings re¬
financing the construc¬
for
months
of
1949
exceeds
actual
production for the first half of the year. The increase
largely reflects
additions to the production capacity of the company's
Hoboken, N. J.,
and Sandusky, Ohio, plants, the
rebuilding of one of the company's
paper
machines located
at
Milford, N. J., and the rebuilding of
one
of the paper machines at Marinete
Paper Co.'s Fort Edward,
N. Y., plant, all of which were
completed and in production by July.
In
addition,
the
work
machine
at
the
machine
is
expected
tribute to
1949
Fort
of
installing
Edward
to
plant
In
be
another
has
production.—V.
170,
p.
new,
been
operation
by
598.
high-speed
accelerated
November
will
expected
and
is
may
the
vicious
cycle
of
Co.—Weekly Output—
1949—Month
1948
1949—-12 Mos.—1948
9,834,502
4,703,282
1,014,698
4,939,516
58,080,626
60,064,120
890,450
11,701,997
10,559,329
expenses
depreciation-
of
plant
211,999
taxes
Federal
'•■■
S
S
211,999
2,181,111
1,702,465
2,543,989
[11,787,187
10,063,513
111,572,867
[
taxes—j
income
Gross
Int.
The
market.
be
on Sept.
12
60,000 shares
filed
company
covering
Underwriter,
used for
a
capital
Scudder Fund
on
of
2,543,989
8,994,501
investment.—V.
170,
stock
(no
statement
par)
Distributors, Inc.
Net
had
paid
off in
Sept.
on
full
all
14
Its
of
that
2%%
on
Sept.
notes.—V.
See
Shell
Union
Oil
Corp.
Shell
The
Union Oil
stockholders
1949
p.
Sept.
22
1,149,012
14,410,752
10,229.059
12,020,000
11,020,000
$1.20
$0.93
revenue
r'
for
of
for
The
approved
FPC
has
authorized
the
from
the
The
to
the
rate
company
promissory notes to mature not
Insurance or renewal.
The
of
issue
to
company
National
of not
more
help
said
finance
in
its
Shawmut
than
2%
application
per
of
year/
1,015,750
FOR
JULY
1949—7 Mos.—1948
211,999
211,999
1,483,993
2,246,313
1,542,838
14,708,271
1,483,993
11,452,233
"•
income
long-term
on
of
of
$2,486,477
to
later
issue
than
$1,700,000
one
that
Boston,
the
will
year
to
unse¬
the
proceeds
f
notes,
be
use
in
from
$1,803,959
412,296
412,296
$125,698
$1,466,993
$1,391,663
1949—Month—1943
$724,455
—
expense
5,025,690
4,467,451
CT28.745
CVS,484
CV5.052
CY38.573
Cr24,821
Cr31,048
Cr278,565
Cr304
341,222
pref.
341,222
2,388,560
Southern New England Telephone
Period End. July 31—
$1,452,779
revenue
v
$856,338
Provision
12
MONTHS
ENDED
——
$4,265,069
rev..
$4,167,086 $29,303,046 $28,276,364
7,692
64,376
48,168
$4,159,394 $29,238,670 $28,228,296
3,288,765
22,276,551
21,775,884
-
3,262,423
449,275
379,195
3,115,171
2,836,712
$553,371
$491,434
$3,846,948
$3,615,700
455,899
Net oper. income--.
Net
400,939
3,128,561
3,023,933
for
Amortization
$9,570,990
$6,366,236
plant
31
charges
170, p. 987.
Southern Ry.—Estimated Gross Earnings—
Period—
—v.
earnings
170,
Interest
adjustments
Other
debt
disc,,
prem.
and
_I
expense
deductions
Dividends
on
—Jan. 1 to Sept. 14—
'7;77'/
-
1949 7
Union
Gas
Interest—See
Per
2,543,989
$26,150,704
8,272,867
corporation
above.—V.
on
of
;
common
170,
;
share, with
commission of 80 cents.—V. 170, p. 112.
a
Southwestern Bell Telephone Co.—-EarningsPeriod End. July 31—
1949—Month—1493
1949—7 Mos/
$
Operating
revenues
Operating
Operating
21,462,895
oper.
S
21,371,865
16.C72.672
1,547.580
15.900,155
13,121,636
1,732,772
1,027.499
11,149,800
9,223,936
1,203,380
_.
18,847,751
17,348,624
2,290,469
revenues
expenses
-1948
1
18,913.633 150,262.612 127,802,899
65,882
584,059
466,372
91,030
rev._
Operating taxes __ir.
559,568
7,866,273
6,588,201
Net oper. income__.
Net after charges-—
149,678,553 127,336,527
122,628,598 104,990,955
—V. 170, p. 928.
(Indiana)—New Director, etc.—
Bentley G. McCloud, President and
of
Chicago,
vacancy
Bruce
the
on
K.
Brown,
subsidiary
Mr.
Sept.
on
Standard
with
21
caused
is
and
by
a
the recent resignation of
director.
Mr.
Brown
has
Pan-Am Southern Corp.,
headquarters
McCloud
director of the First National
a
director.
He fills the
a
elected'
was
board
Vice-President
become President of
also
at
New
director
a
of
Standard Oil
a
Orleans,
Dayton
(Indiana)
La.
Rubber
Co.
and
Miehle
Printing Press & Manufacturing Co.
After a career of nearly 43
years with Standard Oil Co. (Indiana),
Roy P. McConnell, Vice-President in charge of sales and a
director,
long prominent a.nd v/idely known in the petroleum
industry, will
retire
Oct.
R.
F.
it
15,
Baity,
advanced
to
was
announced
General
succeed
by A. W. Peake,
Manager of Sales and
Mr.
McConnell
sales.
''WJ
President.
a
director, will be
in
charge of
v7"'\
Vice-President
as
•"/ '
'.5
Dwight F. Benton, formerly President of Root Petroleum Co. of
Shreveport, La., will succeed Mr. Baity as General Manager of Sales
and
will
become
director
a
Standard
of
Oil
Co.
(Indiana).—V.
169,
2426.
p.
Company has received a $5,000,000 4V2% first mortgage loan from
Export-Import Bank of Washington, D. C., and has sold privately,
principally to
Canadian
investors,
$2,000,000
5%
preferred
stock
(convertible into
at
$1.40
Holders
1958,
The
to
new
of
common
stock
at
$3
share)
per
and 720,000
common
share.
per
common
stock
have
been
granted
options,
expiring
in
stock at $3 per share.
to increase production in highfrom 1,200,000 to 4,000,000 tons a
year.—V. 170, p. 987.
purchase
funds
ore
333,332
will
shares
permit
of
common
company
Sterchi Bros. Stores, Inc.—Reports Estimated
—New Directors Elected—
C.
La Rue,
S.
"Net
subsidiaries
$1.05
the
profit
4,094,675
to
same
$1.08
sales
six
Vicfc-President and
for
the
preliminary
comparable
"Net
64,365
322,539
preferred stock
income
share
r
Co.—Alleghany Corp. Acquires
latter
per
six
were
months
six
months
estimates
share,
of
1948
is
compares
1948.
which
a
on Sept. 19 said:
31 is not yet available;
earnings for the period of
Aug.
which
months of
$6,328,581,
with
decrease
earnings
IJT
compared
of
stock
;
(12,020,000 shares)
for
of
merchandise.
Sales
(Continued
on
the
$14,170,066
$1.18
page
55)
$1.86
for
$8,238,465 for the
$1,909,884,
accounted
prices
of
y
with
Approximately one-half of the decrease is
unit
Earnings
Treasurer,
ended
indicate
in
Net
1948
■
Southland Royalty Co.—Secondary
Offering—A sec¬
ondary offering of 6,750 shares of common stock (par
$5) was effected Sept. 14 by Shields & Co. at $31.50 per
11,365,433
long-term debt of subsidiaries
of
:
:
t
:
$6,219,671 $200,792,258 $229,696,875
928.
p.
11,525,973
taxes
income
on
Amortization
1948
$5,399,436
987.
p.
Southern
Stock
however,
Gross
—Week End. Sept. 14—
1949
Gross
grade iron
1
11,577,748
acquisition
taxes
income
JULY
58,316,859
depreciation—.
of
after
—V.
$121,470,709
Expenses
General
1949—7 Mos.—1948
$4,275,342
10,273
Operating revenues
Operating expenses
Operating taxes
shares
subsidiaries
Operating
$8,373,443
Co.—Earnings—
1949—Month—1498
revenues
Uncollectible oper.
2,388,560
.
stock
income
$9,012,490
Steep Rock Iron Mines, Ltd.—Private Financing—
640,473
disc.,
deductions
on
1949—12 Mos.—1948
«■:
$700,905
$1,801,933 $16,668,102 $13,193,197
722,781'
to
be issued
discounted at a
$1,879,289
34,358
,
493.
p.
Operating
debt
—
debt
and
prcm.
Other
____;
EARNINGS FOR
$1,700,000 Notes—
I
revenues
170,
54,438
$9,596,972 $71,205,141 $67,060,694
5,148,251
31,213,274
34,680,282
891,949
7,131,500
6,250,987
4,302,904
_______
taxes
•
Gross
a
company plans
construction costs.
Bank
STATEMENT
$10,263,445
deprec..
plant acquis.
Federal
date
INCOME
adjustments
Net
this
Sierra Pacific Power Co.—To Issue
cured
——————
1949—Month—1948
;
—
expenses
64,812
'
Corp.—Name Changed—
on
1,389,697
income
Prov.
It
695.
proposal to change the
company
to Shell Oil Co., and
commencing Sept. 23
dealings on the New York Stock
Exchange were in the common
stock of Shell Oil Co.—V. 170,
p. 986.
of
4,094,675
CONSOLIDATED
will
Adopted—
'
name
13,973
4,094,675
Period End. July 31—
U;
below.
r
322,511
341,223
5,039
of
___
shares outstanding
Earnings per common share
Divs.
Shell Oil Co.—New Name
35,592
341,223
subsidiaries
1,
$160,056
; :
$119,897
Standard Oil Co.
5,486
—
■:
1.772
9,053
34,358
Period End. July 31—
—V.
Bank
35,564
stock
y' i"
2,303
128,804
$154,255
pfd. stock
on
Gross
7,511,565
(Cr)_
Amort
170,
8,355,130
(Cr)_
Gross
announced
$4,000,000
640,468
exp.
Amort,
at
;
147
1,431
NOTE—Company's bus transportation properties were sold on July
23,
1948.
A
comparison of gross revenues for the periods shown
above, excluding revenue from transportation operations, follows:
debt
disct.,
Common
Int.
corporation
and
$2,067,236
252,450
21,766,888
deductions
on
pfd.
subsidiaries
the
sold
Sharp & Dohme, Inc.—Pays $4,000,000 Notes—
The
debt
Divs.
1087.
p.
of
prem.
Other
Prov.
Proceeds
26,473,234
722,731
long-term
2,090,073
this
with
be
to
2,412.602
subsidiaries
Gross
registration
income
Amortiz.
Oper.
SEC
21,037
201
deductions
Balance
122,159,900 113,992,340
acquis.
adjustments
$2,046,935
294,147
$179,810
18,045
expense
Uncollectible
$
10,523,692
revenue
for
Amort,
con¬
Scudder, Stevens & Clark Fund, Inc.—Registers—
$167,136
30,725
debt-
discount
Net income
Divs.
available,
and the
very heavy.
When natural gas does
immediate and substantial rate reduc¬
gas
be
however,
Jersey,
be
Operating
Prov.
paper
that
so
and
debt
872,218
1,003,576
t
elapse before natural
costs
Period End. Aug. 31—
■;-v.
six
income
of
86,400
758,661
U 003,407
taxes__J
long-term
on
and
I
taxes
income
financing.
'Research
prqgram
172,884
in
Cumberland
$
Pa., this month.
The installation
of
a
new
Chemical
Laboratory at Chester to improve and enlarge the
company's
research
facilities is also nearing completion.
It will include pulp,
'chemistry and physics laboratories, a humidity room, a pilot plant area
and a technical library, all designed to facilitate an
expanded research
146,085
(The) Southern Co. (& Subs.)—Earnings Show Gain—
by
General
Chester,
86.400
time
Electric
merely
completion
7,200
Other
gas pipe lines
now supply
produced by the entire electric
construct
54,000
the
The
p. 498.
for
794,836
7,200
that
energy
will
its
to
gas
attract
can
Gross
new
817,208
Gross
1935;
totaled
Scott Paper Co.—New Plant Soon in
Operation—Out¬
put in Second Six Months Scheduled to Exceed First
Half of Year—
A
4,772,258
66,956
Int.
railroad
nd
1925
output of this company for the week ended Sept. 14, 1949,
3,089,000 kwh., as compared with 3,259,000 kwh. for the
corresponding week'last year, a decrease of 5.2%.—V. 170, p. 1088.
financial
statement.
v/hich
had
company
$9,646,524
4,305.427
72,916
for
Federal
dis¬
pipelines—totaling
natural
in
consumption
1935
1949—12 Mos.—1948
depreciation—
expenses
anticipated."
network
already
Co.—Earnings—
the advent of natural
increasing costs will
be broken.
From then on."
Mr.
Smith
predicts, "greatly increased
sales will result in lower rates."—V. 170, p. 345.
Joseph
appeal."
Electric
$9,018,040
up the growing Importance of natural gas,
Gas
that
South
tions
.
way
&
1949—Month—1943
July 31—
revenues
General
to be directly competitive with oher fuels.
heating customers and a tremendous growth
nation's
conversion
reach
Mayr and Mrs. Senta Selz had asked for the
•court order in July. Justice Elie Savard issued it.
Then the company asked that the order be rescinded.
Justice Smith
held
695.
Amort, of plant acquisi¬
tion
adjustments-
added, "it is expected
rates, especially in pro¬
in
It is expected that
necessitate
so
"Over
com¬
18
p.
371,015
Smith
reduction
Southern Colorado Power
in
teiling
contained
170,
331,117
Prov.
Jersey needs, and the
since
to obtain more,"
tion of pipe lines across South Jersey.
St. Lawrence Corp., Ltd.—Fails in Bid to Void Order
held
Taylor & Co., Lynchburg, Va.,
Memphis.
Proceeds will be used for expansion
$797,865
is
initial
the
at $8.50
Elder
and Bul-
$724,455
as
gas
The
to
with
Strader,
Co.,
Southern Indiana Gas
year.
<to Produce Fiscal Data—
data
&
business.—V.
Period End.
Gross
the
serve
Co.," Mr. Smith explained,
quired
; 59,069,242
had 2,059 stores in operation,
year before,—V. 170, p. 1087.
on
next
general
ahead.
area;
will
"It
$816,820,245
66,166,965
to
rates
Off
1949—36 Wks.—1943
7,280,012
fuel
still necessary for the company to obtain the increase in
applied for last spring," he noted, "since the cost of manu¬
facturing the present type of gas remains high due to the continuing
high cost of labor and fuels.
This
modification
in
rates
is
also
20
from
Sales
start
reaches us,"
dividends
and
"and
695.
p.
$81,645,419 $85,021,314 $764,144,941
__
added
quarter
will
far
gas
from
natural
essential
Current
—
preferred
made
were
the
of
pipe line will cost about $2,500,000, and an additional expen¬
diture of $750,000 will be required to convert our
customers' appliances
so
that they will efficiently burn the new natural
gas.
All of this
cost will be borne by;tho South
Jersey Gas
to an announcement on Sept. 20 by C. L.
This action, he stated, was taken due to the neces¬
of conserving cash for essential capital expenditures and because
unsatisfactory
insurance
"The
Sutler, President.
'■.that current operations
Chattanooga;
lington-Schas
of
City, Wildwood and Cape May areas," Mr. Smith added.
"In total,
natural gas will thus be made available to over
90,000 South Jersey
homes and to many South Jersey industries.
according
value,
we
with five times the
natural
Glassboro
cumu¬
common
the
Jersey
Millville
have
company on Sept. 12 filed
a
letter of notification
for 10,000 shares
(no par)
capital stock to be offered
Underwriters are: J. C. Bradford & Co.,
Nashville;
Co.,
natural
been
business
of
decade
supply
Roosevelt Oil & Refining Corp.—Defers Dividends—
1,
Southern Fire & Casualty Co., Knoxville, Tenn,—Files
The
early approval of an allot¬
gas daily," Mr. Smith said.
delivering natural gas to our
of
priced
2,500
Natural
"South
792.
p.
receive
rates.
so
again
the
area;
Oct.
$2.03
utility industry.
call for the delivery of 27,500
such assets.
If option
is exercised,
exchanged for each 20 shares of A-C.
to
will be
allotment
will
of
was
gas
be a
miles—is
the country
the
would
title
for
of Rome stock
in
notification
Company has option to
Manufacturing Co., which option
Anderson-Carlson
exchange
shares
of
on
be
that
251,000
systems.
company
for
Cents
210,000
$1.96
A.
the
$459,197
Financing Necessary—
feet
have
Smith, pointing
doubled
Rome
t
$669,197
$443,753
surplus-
(226,584 shares)
we
part
this
have
type
closed
'■v.;
Yates, President, on Sept. 21 announced that Carl James was
Secretary and L. H. Jaeger was elected Treasurer at a meeting
board of directors held on Sept.
20, 1949.
D. B. Peck was
elected Assistant Secretary and Assistant Treasurer.—V. 170, p. 978.
the company was alloted 5 mllliop cubic feet of natural
will
will
this
in
936.
p.
E.
Operating
that
natural
now
—
Mr.
sity
$653,753
210,000
ar.d
larger
cubic
latter
but
there
$905,056
—
a
that
officials
"When
8,535
common
elected
Amort.
$5,492,754
rev._
oper.
Operating revenues
Operating expenses
pf
23,447 7
$47,646
Co.
probable
appears
motional heating
par
share
for
million
18
company
he said.
1949—7 Mos.—1946
*
\
y
the
of
are
confident
customers
$26,734,759 $22,760,305
——
feel
y'k'vyy
distribution
•
SEC
Jersey
"I
tne common
Corp., present owner of
Co.
that
to serve
gas
"This spring
revenues
Uncollectible
no
stock
com.
common
South
gas
lative
143,901
18,085
$50,649
requirements
Commission
843,771
13,581,465
——
the
Rochester Telephone Corp.—Earnings—
The
200,667
anticipated
-
-
now
very
bright for an abundant supply of
the homes and industries of South
Jersey, accord¬
to Earl Smith, President,
Mr. Smith's statement was made as
Transcontinental
Gas
Pipe
Line Corp.
applied to the Federal
ing
1674.
p.
Period End. July 31—
—V.
4,378
$818,098
Southern
&
Southern
Common Stock—
quarterly dividend of 20 cents
stock, payable Sept. 26 to
a
common
stock of The
Southern Co. will be made on Oct. 1, 1949 by The Commonwealth
&
Southern Corp.
Operating subsidiaries of The Southern Co. are
Alabama Power Co., Georgia Power
Co., Guif Power Co. and Missis¬
sippi Power Co.
'
v
' yy -•[.'V.;'','./ '-iv"-;v'
of
Power
46,474
843,746
!____
——
169,
shares
12,076
$854,420
deducs.__
prospects
2,901,398
-——
_
Total
U
3,657
$71,094
outstanding
Secretary and Treasurer Elected—
applicable to
natural
"It
if
$813,720
Natural Gas—Additional
912,709
152,102
2,901,386
___
S2)
surplu.;
surplus
acquire
$842,344
The
is
each.
$7,000,000
783,727
349,029
———
—.
-
Other liabilities
SEC
$67,436
of
It
170, p. 966.
The
$8,000,000
payable
Accrued
The
309,613
$67,393
1,340
Commonwealth
stock
the
on
on
Sept. 20 declared
on
share
The
118,139
$26,734,759 $22,760,305
debt
term
—V.
322,353
283,200
(net)
dividend
Earnings
—V.
1,025,910
249,698
—
-
Accounts
Net
380,582
26,509
directors
per
South Jersey Gas Co.—Seeks 18-Million
Cubic Feet of
Total
—V.
28,538
inc.
income
Preferred
1948
.
LIABILITIES—
Long
34.402
23,000
income
income
Net
$24,463,014 $20,936,165
1,155,050
680,090
__—-——-——
and
current
'
JUNE 30
'••-■
y"
(net)
196,579
$2.10
/V:^:-;'V
-•
•
,
306,301
257,692
taxes__
operating
Other income
$3,040,033
$2.72
'
CONSOLIDATED BALANCE SHEET,
ASSETS—
1,820,668
328,849
15,280
$68,734
income
1,194.587
share—_—$3.03
per common
2,104,428
26,874
taxes
Gross
Earned
163,052
The
$3,769,237
2,743,419
1,328,629
148,063
inc.
$4,197,096
__
Federal
$7,256,127
4,052,608
,
*
expense
and
$327,692
24,812
Operation
General
Expenses
Declares 20-Cent Dividend
1949—12 Mos.—1948
26,321
Depreciation
production
Other
ACCOUNT
$356,650
180,720
___
Maintenance
206,194
_______
$3,093,966
7,187,114
sales
gas
revenues
INCOME
1949—Month—1948
or
23.18%.
for by the decline
months
ended
six
Volume
170
Number 4841
THE
COMMERCIAL. &
FINANCIAL
CHRONICLE
(1197)
Stock Record «» New York Stock
Exchange
DAILY RANGE OF
WEEKLY VOLUME Of IRAK
YEARLY RANGE OF SALE
FOR EVERY LISTED ISSUE
Range for Previous
-.A:;.',.
Year 1948
Lowest
Range Since Jan. 1
Lowest
Highest
$ per share
37
16
Dec
2%
100
Dec
$ per
Jan
Jun 14
70
May
6%
STOCKS
NEW
May
18 y4 Jun
xl7y8 Jun
14
Jan
3y8Jan
13
Feb
Abbott
5
Laboratories
Abraham &
46%
Dec
7ya
Feb
Jan
Acme
44% Sep
36% Sep
Adams-Millls
16
Addressograph-Multigraph
14% Feb
41% July
22% Dec
5
21% Sep
23
Admiral
20
8% Apr
19
Affiliated
35
46
xl8y4
99
Dec
27% May
Nov
2y2
108
Nov
Dec
Nov
21% May
80% Jun
9
4% May
13%
65
3
97% Mar
May
2% Dec
37
65 V*
2% Jun
Dec
103
15
73
25
78
w
Alaska
Juneau
Aldens
Inc
7%
X171
~~84% Jan
17 y8 Jun
14
May
88
20
96
Apr
83
7
93% Feb
17
Jun
6
Jun
13
8% Jan
10
Allen
May
165
25%
198
Jun
21%
Jan
15% Jun
Dec
34% May
37% May
24% Jun
25% Feb
25
Feb
81
Mar
36
35%
35%
2,200
21
21'/i
30,300
4,700
7%
100
10
♦100
3%
15%
15%
72%
72%
2%
3
2%
54
77
54%
31%
7
*28%
26% Jan
3
2% Jun
14
31% May 10
83%
Feb
121
May
89% Feb
34 y2
Dec
52%
Jun
6y8
Oct
10
Mar
Alpha Portland Cement
Amalgamated Leather Co
6%
convertible preferred
Amerada
14
7
116
Sep
16
34 y4 Jan
3
45
Sep
9
6% Jan
3
10% July 22
American
67% July 26
24% Mar 31
3%%
Mar
51
Jan
4
18% Mar
29% July
20
Jun
13
58%
70
68
Jan 31
3% Sep
43
Apr 29
61% July
May
■*
6
67% Sep
Amer
600
•84
85%
6%
179%
17
/
/'•
163/4
28 3/4
283/4
283/4
32
31%
32
*95
96
31
Airlines
115
30%
3%
41
30%
3'A
39
1153/4
112%
41
114
*113
100
31
3%
39
•36
*113
39%
V
9%
9%
63%
65%
221/4
22%
64
65
22 3/4
223/4
223/8
22%
69
67
67
*67
40
31
41
4,400
23%
114
*40%
9%
66
233/4
*67
1,800
3%
39
114
V'/
9%
65
69
31 %
3%
*36
114
40%
91/4
64%
•67
10,400
86%
93/a
643/4
50
303/4
*85%
40%
v/9
10
preferred
30%
86%
*33/8
114
<0%
93/a
100
30%
30%
39
9%
96
*95
30%
3%
*36
100
preferred
3%
39
300
8,700
*853/8
30%
3%
*36
96
*95
1
common
conv
31
3%
200
28%
31
85%
•36
400
'2,200
17%
28%
30
1
7
182
17%
30%
85%
50
*63/4
181%
17
28%
29%
*85%
63/4
181%
•163/a
30%
86
86
85%
6%
16 3/4'
30%
30%
*84
181%
6%
181
29%
No par
Chemical_No par
Agricultural
6%
3,800
88
95
No par
com
American Bank Note common
15
20
88
95
Petroleum Corp
cum
78
19%
95%
293/4
37
78
•94
*85%
56
91
29
lOfl
56
773/4
32
Mfg common_No pat
56%
1,700
20
305/8
preferred.
34,000
•881/4
*28%
VJ%95>
3%
:
76
32%
Allls-Chalmers
3
25,000
,,
193A
100
preferred
40
31%
3%
76
32
12
'
29
63/4
181
*16%
73%
19%
par
13
Oct
63/4
180
17%
15%
72
19%
85%
183
3%
151/4
75
*84
*6%
33/4
15%
73%
3,300
1,400
85%
*16%
105
54%
541/2
•84
Sep
Jan
75
541/4
*100
2%
gtd_100
181%
105
15%
90
No par
9,300
3
*88
Sep
6% May
54%
*84
10O
22%
•72
19%
85%
48I/2
21a/4
3%
15%
89
1
7%
*451/2
22 %
33/4
.
19
86
50
15%
23/4
75
73/4
48%
•100
,
3
53%
77
105
3%
3%;'
15%
75
31
Nov
*100
15%
5
conv
105
3%
73/8
22 %
22%
88
Corp common_.No
100
42
•45%
47
21%
19%
Mills
Allied Stores
1,000
21%
7%
7%
47
22
•72%
No par
Allied
13
*100
3%
7
7%
48
21%
89
Kid _Co
21
7%
*46
105
22
Jun
7%
22
19%
Industries Inc
4%
•40
89
Allied Chemical & Dye
9
43
No par
preferred
conv
Allied
Sep
19%
20
*41
49
25
Jun
44
Feb
353/8
20y4
76
98
Nov
2,800
25 y8 Feb
42% May
Dec
if
20%
*38%
8
Dec
47
20 %
40
83 y2 Jan
73
Nov
20%
40
Jun
91
3y8 Nov
20
96
26%
X25
28% Sep
x33% Sep
19%
42
19%
44
21%
$2.50 prior conv preferred_No par
15
1,900
20%
•46
Allegheny Ludlum Steel Corp.No par
25
19%
•
"
1
7
1
19%
20 y8
23
18% Feb
19%
35%
Sep
188% Jan 24
14
19%
18%
27% Jan
16
Dec
19%
35%
Allegheny & West Ry 6%
11%
Mar
16%
19%
100
May
July
19%
1
May
$4.50
19%
5
75
Mar 12
19%
100
34
104
2 5/8
•41
50
109
Dec
CLOSED
25/8
19
Mining
20
23/4
20
EXCHANGE
No par
Gold
4,900
118
*2%
35%
common
44%
v
2%
18%
preferred w w—
Allegheny Corp common
5%%
preferred A
44
118
__
2%
35%
4%%
44%
•114%
2%
19
Vlcksburg Ry
9
443/4
44%
115
115
Shares
2%
36%
w
Dec
Sep
44 %
44%
•106
18%
Inc
for
the Week
tper share
2%
35%
Equipment com
Sales
Sept. 23
Sper share
19%
STOCK
1
Mar
90
24
Gas
preferred
Friday
Sept. 22
$ per share
1
Reduction
Thursday
*
2%
No par
Dec
23%
100
44
44%
PRICES
Sept. 21
Corp__io
Corp
&
SALE
Wednesday
$ per share •;
•106
10
Corp
2
16
3% Aug 11
56% Sfep 22
25
40% Feb
Sep
Co
Express Co
Alabama
Aug 10
3% Apr
16% Aug
Apr 14
2% Feb
$3
Air
23% May 16
21
13 y8 Feb
64
4% May
58% Oct
Feb
47% July 13
May 25
18% Jan
Adams
9
44%
HIGH
Tuesday
Sept. 20
$ per share
2.50
21% May 26
20% Sep 14
Steel
$ per share
No par
Co
AND
Monday
Sept. 19 V
_5
.
,
Straus
Motors
ACF-BrUl
7
27% Mar 28
23% May
Dec
27%
LOW
Saturday
Sept. 17
5% Jun
14%
35
;
>/
Par
45% Aug 18
Sep 23
16
"f
STOCK
share
118
2
1% Jun
YORK
EXCHANGE
Highest
$ per share
Sper share
17
1,000
900
41
95/8
29,400
66
66
23%
23%
*67
69
1,900
900
69
20
■
x7'% Jun 29
■
—■.I
31%
103
Dec
ji.I
10% Mar 29
43% May
Nov
30% Mar 23
35
Jan
10
Jun
96% July 11
104
Jan
11
10% Jan
3
American
111
6%
Sep
10%
Dec
5% Jun
1
3
Dec
6%
Jun
2% Jun
13
3% Jan
3
172% Mar 17
76% Feb
163% Oct
74
81
92% May
Jan
951/8 Sep
4%
21% Jun
6
33 y2 Jan
Jan
60
1
82
183/4 Mar
Jun
27
May
19% July
110
Aug
106 y2 May
6
38
Dec
61
May
15
Dec
20%
Jun
15% Feb
14%
Dec
22%
Jun
14
94
Jun
71% July 29
43
Oct
35 V4 Feb
8
99
Jan
3
25% Jun
14
~^Dee
81
33 y4
Feb
94%
Feb
107% Jun
25
Feb
39% Feb
49% May
Jan
11
23'/2 Sep
1
Jan
104 y4
American
7
100%
Nov
15
July
7
B
•
13%
1%
Deo
Sep
Deo
42
93%
Cable
No par
22%
100
•107%
Chain
non-cum
American
Chicle
Mar 11
87
46% Sep
•
14
110% Sep 14
36% Mar 31
Oct
15% Feb
13% Jan
5
4% May
1% Jun
89%
Jan
14%
Jun
77%
Jan
37
35 3/4
Dec
43% May
34
3%
Dec
44
7
Jan
3
6% Jan
3
Jun
17
46y8 Sep
7%
8
Jun
13
3 % Jun
24% Jan
5
29
5y4Jan
5
Dec
92
Jan
Feb
15%
Jun
Jan
19
Jun
16%
Dec
26%
Jun
12% Jun
14
Jun
73
Dec
55/»
Dec
Feb
Feb
23
11% Feb
7
15% Mar
1
73
"•
Jun
22
21% May
11% Jun
13
94%
76
108
Jun
10% May
35
Jan
<
4% Jun
3
7.
4
Sep
6% Jan
36 y2 Aug
11%
Jun
7% Feb 25
83% Feb 11
12%
Feb
70% Feb
16% May
10
Jan
169
176
Jun
6%
Dec
12%
Jan
Feb
28
Oct
23% Jan
38
Sep
46
Apr
37
46 3/4
Feb
68
May
Nov
163%
Jun
35% May
41 % Feb
3
13
56% Jan
7
142
Feb
11
14
7
27
Apr
2iy4Jan
6
34% Jan
130
27% Sep
16
Jan
7% Jun
17
12% Jan
13
31% Feb
25
40 y2
131% July
20% May
120
Jun
138
158%
68%
Jan
144
Mar
Jun
120
8%
16
Jun
July
6
Jun 14
60% Jan
135
10
Jan
3
3
49% May 10
X117V4 Apr
Apr
6% Jan
56% July
18
3
21% Jun
6
Jun
81% Sep
22
112% July
83% Jun
59% Jun
2
4% Jun
6
104
x5%
Dec
51
Nov
67
May
48% Jun
1
30%
Feb
14
Feb
41% May
45 % Jun
25% Jun
30
22% Jun
14
38%
Jun
3
25% Jan
99% Mar 29
Oct
98
Sep
July 26
May
Nov
25%
159 y2 Aug 29
Sep
115%
76% Mar
17
Jan
71% July
Dec
Jun
39% Jun
41
Feb
6% Dec
23
28
46%
90
Aug 18
41% Sep
150
24%
X33% Nov
8 %
107
Jan
Aug 18
126y2 Jan
19
150% Jan
5
74% Sep
23
151 y4
Sep 13
63% Sep 22
121
Aug 25
8% Mar 30
38% Feb
80
-Jan
4
6% Jan
7
62% Aug 18
35 y4 Jan
8
36 y4 Sep
14
Aug 23
48 y4 Jun
20
55 y4 Jan
18%
36%
Jun
15% Jun
13
26
14
Apr
8% July
7
6% May
2% Aug
4
Mar
Dec
Por footnotes
see
page 28,
7
35% Jan
106
Jun
4-
17
91% Mar 11
60%
8
17
Aug 26
46% Mar
Feb
7
14
3
41
Oct
Sep
22
5
Feb
54% Mar
14% Jan
178
16
22
14
Dec
131
4
Sep
8
Jan
10%
147% Mar
8
Sep
88
22
19% Jun
Jan
34%
Dec
6% Mar
12 y2 Aug
103
20
Jun
Dec
16%
6
105
19
35%
140
21
116% Mar
10
Mar 31
16%
Mar
30% Jan
8
95% May
86% May
20
7% Mar 14
3
Feb
25% Nov
Jan
14% Apr 12
83 y2 Sep 13
' Feb
32
Nov
31
102
5% Jan
Dec
Nov
125
Aug
5 "
13'A Aug lo
18y2 July 25
18% Jan 20
96% Jan
8% Jan
8
100
Dec
98
35
13
6%
Mar
May 17
9% Sep
22% Jun
69 %
139
5
July
80%
162% Nov
19
8% May
13%
93
49% Sep
37 y2 Aug 30
26% May
10%
29
22
27
46
Jan
79
24% Mar
Sep 22
24
Feb
Dec
23
13
51 % Sep
Jun
Dec
6
59 y2 Sep
'
22
47 V* Jan
5%
Feb
Sep
3
20%
12% Nov
72% Dec
3
8
Jun
Jan
6
"-
Apr
66i%
68
23
27
Aug 25
10% Aug 15
4% Jan
5
preferred
American
Gas
Electric
&
American Hide & Leather
6%
conv
223%
22i%
*1071/8
46
451/4
45»/4
451/4
18
181/4
*17%
15%
161/4
15%
77%
77%
77%
80
29%
*28%
293/4
Monday
par
EXCHANGE
*291/4
HIGH
SALE
5%i
53/4
*18
187%>
16
>
15%
2%.
23%
58
55%
5%
*5%
*18'
18%,
2%,
57
-
15%
15%.
/
46%
109%
46%
46%
30
293%
23%
55%
57%
103%
12
48% >50
47
493/a
47%
48%
471/4
363/4
36%
36%
36%
*36%
<
58%
12%
51
48'%
49
*36i%
48'%
37
4%;
.
4%
43%
*47%
48%
273%
27%
27%
27%
27 7%
93%
9%
91%
*93%
9%
27
93%
6% non-cum preferred
100
American International Corp.No par
*12%
13'/4
•123%
13'%
*12%
131%
1
183%
183%
18%
183%
♦183%
18%
183%
183%
1
13%
14
133/4
133%
13%
141%
13%
143/8
82
82
81
81%
84
83
13%
13%
13%
13%
13%
13%
83%
82
83
American Investment Co of 111
American
1%
Locomotive
common
100
preferred
Amer Mach 4: Fdy Co com—No par
3.90% preferred
100
*83
-
No par
*5
American Metal Co Ltd com_No par
29
100
*105
5
30
106
Amer Machine & Metals
.4% %
preferred
American
♦6
1
Co
Molasses
American News Co
32%
No par
11%
Amer Power & Light com—No par
$6 preferred
No par
preferred
$5
San'y com—No
preferred
American Safety Razor
American Seating Co
No
Amer Ship Building Co
No
Am Smelt & Refg common—No
7% preferred
7%
American Snuff Co
6%
Steel
•
100
5
American
.
Sumatra
Tobacco
American Tel & Tel Co
American
Tobacco
common
par
Water
American
1%
Works
Woolen
13
175
*174%
7%
7%
40 y2
38%
38%
par
47%
par
100
158
•40
148
38%
38%
105
6%
32%
12%
101%
86
13%
175
73/4
41
38%
82
5%
28%
*104
*6
*323/s
11%
99
85
13%
175
5
28%
105
•104
♦6
6%
32%
33%
12%
12%
102
102%
87
87%
-!
13%
13%
175
•175
*6
61/4
33
323/4
10
105
61/4
33
1,600
12
12 »/4
2,900
103
102
1023/4
6,500
88
86
12%
13%
l33/a
*175
176%
73/4
41
87
./
13%
3,900
16,700
176%
40
7%
4,300
41%
6,100
40%
250
47 7/8
47%
47%
7,000
1551/4
1551/4
260
391/2
40
*40
41
*40
41
•143
148
*143
148
"16
22%
22%
23
223/4
22 a/4
2,800
27
26
26
263/4
263/4
27
27
271/4
27%
1,200
10%
39
10%
*10
38%
39%
126
*125
100
142% 143%
*18
72%
25
150
61 %
119%
18%
■; 17%
142
143
72%
1501/4
60%
61%
119%
7%
6%
18%
71%
119%
<
82%
♦65
10%
39
127
*149%
73
150%
24%
?
7%
23%
119%
7%
24
83
65
68%
6 "A
-.
*80
61
.
653/4
6
6'/a
10y4
10%
*10%
*3Ri/2
39%
127
125%
*125
*173/4
18%
142%
39%
1423/a
72
149%
18
1423/a
73%
623/4
62
119%
120
120
7%
7%
3,600
243/4
19,500
65%
•64%
65%
6
6
6
26%
26%
No par
26
26'A
24
24'/4
22%
23 3/4
;
Btf
10
10
*93/4
10%
3
*23/4
*2%.
3
71/2
81%
25»/2
52%
520
243/8
26%
*51%
120%
81%
*59%
52%
♦119%
120
6,600
24%
61%
*52
6,000
813/4
27
343/4
63%
813/4
263/4
105
600
631/4
24
27
343/4
20,500
74%
149 y2
.
7%
26%
*103 '/a
142%
73%
•
83%
61%
...
2,300
24%
27%
35'/4
900
19
7%
27%
105
400
2,600
231%
*80
26%
34%
103/8
401/2
125
I491/2
63%
60%
27%
•103%
1421/4
1493/4
25
No par
18'A
142%
723/8
1483/4
50
Anchor Hock Glass Corp com—12.50
393/4
125
18
72%
$5 prior conv preferred
*60
10%
10%
40
125%
149%
Anaconda Copper Mining
Anaconda Wire <fe Cable
Mining.
*104
105
155i/2
383/4
47
*59%
Copper
500
5,000
22%
7%
W Products Co Inc
40
5y4
273/4
46%
41%
148
*143
831/2
5%
27%
'V
155%
383/4
*40
126
$4 conv prior preference—No par
Zinc Lead & Smelt com
1
Andes
:
26%
Amer
A P
5
28%
23%
100
5
21%
10
20
*82
83%
>'
800
3,000
22%
82%
ds Co_.
Anderson-Prichard Oil Corp
13%
231/4
24%
preferred
Anderson, Clayton
84
13%
7%
156%
5
$4
84
13%
.
411%
46
41%
83
73/8
155
148
100
1,100
5,400
403/8
47%
*40
13
*18%
183%
7%
*38%
100
13
800
141/4
403/4
158%
*143
'
-
100
6,800
•
14
7%
46%
411/2
*96
39%
156%
148
100
*81 %
*4%
28%
47%
100
Inc
82
'S
293/4
*96
1581/4
common—No par
Co
preferred
5
133/a
100
2,700
22%
6% preferred
100
American Viscose Corp common—14
5% preferred
100
Am
85 k../
7%
No par
No par
preferred
11%
99
39%
American Sugar Refg common—100
7%
12
-13%
175
25
American Stove Co
*6
32%
101
13%
par
Foundries—No par
American Stores Co
105
6?/4
32%
86%
100
com
preferred
non-cum
281/4
86 y4
No par
Amer Rad & St
American
101
5'A
*80
400
4%
27%
*96
5,100
15,800
48'%
47
100
10,400
30,700
37
473%
*47%
47
12% t 13 %
59'%
121%
50
9%
*96
300
•:
28,300
13
27 %
100
3
513%
9%
*96
100
4,200
2%'
59
*36
4i%
48%
9»/4
5%
12%
37%
Shares
18%
51
48
for
the Week
5%
.'
3
58%
Sales
.
16% .J67%.
,
27%
com
600
*18%
6
9%
Co
2,100
"293%
$ per share
18%
16'%
23%.
2%
41%
*5%
27%
Ice
12,200
r
Sept .23
v
—1
American
50
463/4
110
Friday
Sept. 22
No par
American Home Products
300
1,000
f
82
109%
16
11 %
4%
*80
110
18%
48%
4%
fie
$ per share
6 \:i*:'
10%
*46
18
*15%
:
Thursday
-
i87%
47%
41/4
900
45%
*173/8
81
*79
16
11%
48%
45%
1,500
108%
153/4
30
50i%
4%
18
500
233/4
*107%
46
153/4
,
30
9%
*46
*23
233%
108 %
150
4,100
67
67
PRICES
47%
50
*23
184% 185
25
yn 243/4
'
461%
109%
$ per share
54
CLOSED
1
com
AND
45%
109
S per share
23/8
10
preferred
46
;
Wednesday
Sept. 21
5%
No par
67i%
♦107%
;
Tuesday
Sept. 20
15 %
No par
Co____10
3,500
*173/8
f per share
STOCK
943%
*451/4
Sept. 19
•18
par
943/8
24%
67%
80
108%
.
94%
1851/4
V
15%
45%
1
40o
4,800
17,400
18
161/4
107»/4
par
33%
46
18%
46 »/4
Iper short
3%
943/8
108 y8
108%
-
6i%
3i%
*184%
:
23%
108 %
300
61%
:■>
221/4
108%
Saturday
American Hawaiian SS Co
68
*107y8
108 7/8
H 45%
■
Sept 17
$7 2nd preferred A—
$6
*67i/4
31%
100
6%'.
24%
68 %
31%
100
6,400
2,800
24%
185'A
233/4
313/4
101
93%
6
:/
933/4
1841%
24%
93%
3%
94
943%
185i%
29%
•
STOCK
American Encaustic Tiling,,
American European Secur
No
American Export Lines Inc
Amer & Foreign Power com—No
$7 preferred
No
3%
23%
77%
.
Par
19% Aug 10
18
3»/b
185%
LOW
$ per share
31%
•100
/
6
16
"
EXCHANGE
6% Aug 10
24
Apr
Dec
95%
,
94
31%
101'/a
5%
18%
10
10
10b
10
3%% conv preferred series A-100
American Distilling Co
20
NEW YORK
3%
-
9%
93%
46
No par
Colortype Co
Crystal Sugar com
4% % prior preferred
American Cyanamld Co com
/Highest
4% Feb 28
7% May
53
Co
American
19%
Jun
&
x31%
♦100
•/:
6
9%
25
•66'/2
American
173/4 Mar 21
19
Nov
46
common.
32%
31/8
.
8%
102
5%
94 5/a
preferred
*101
185%
24%
18 7/8 Aug 17
$ per share
37
6%
3'A
184 »/4
Range Since Jan. 1
$ per share
•
31/8
25
8
Lowest
Highest
Jan
14% Mar
1
STOCKS
Year 1948
Lowest
6%
Corp
9%
32%
1013/4
5%
100
Can
Range for Previous
$ per share
101%
preferred
5 %
!
8%
32%
100
American
<
5
47% Sep
Co
32
No par
Inc—1
Co
No par
100
7%
14
Jun
com__
93/a
American Car & Fdry com
1%
preferred
13
109
Co
preferred
Broadcasting
Amer Cable & Radio
7
Jun
Jun
Shoe
9%
2
Corp
conv
American
>
15
187% Sep
49%
177
28% Nov
Brake
Amer
7
Bosch
61
■
:
•59%
7%
♦65
68
6%
6%
68
6%
400
600
1,900
20
61
61
27%
263/4
27 y4
11,000
26
26 y4
1,060
34%
500
61
'
343/.
261/4
34%
103%
103%
103 '%
105
52%
•51%
52 y4
*511/2
52
23
23%
23%
23%
23%
23%
•93/4
10%
•9%
10%
•9%
10 y2
343/8
♦103'/2
*51%
3
343/8
105
3
3
3
*34
*
*2%
3
10
11,700
100
200
THE
(1198)
18
COMMERCIAL
NEW
Range for
NEW
Range Since Jan. I
Highest
Year 1918
Lowest
Highest
$ per
tper share
tper share
34%
Jun
32%
Oct
19% Jun
89
Dec
101%
Jun
77
Jun
5
Jun
2
37% Sep
9
27'/a Jan
26
26% May
Nov
95
Feb
3 *
6%
Dec
13
7% Jan
68%
Dec
Jan
49% Jun
7
.77% Jan
10
41%
Feb
56%
Jun
38% Jun
13
49 % Jan
21
88
Jan
99%
Jun
94
Jun
22
99% Feb
4
103
Nov
105% Jun
15
110% Jan
3
11%
15% May
115% July
18%
Dec
Jun
13% Mar
»
27
105
87%
Dec
106
July
87
Apr
12
100
28
Jan
36
Jun
30% Feb
14
'
80
14
105% Jan
7
Jun
24
Jun
97% Jun 14
10% Aug
4
103% Jan
19%
62
25%
Jan
64%
Dec
88
Sep
81
Dec
30
Feb
Feb
'
12%
6%
*11
111% Sep
24
Aug 18
24% Aug 11
Jan
4
42
Jun
10
58
Jan
100
Feb
7
107
Jan
16
24%
Nov
16% May
19
19%
Jan
11% Jun
7%
Feb
Jan
46
Feb
18%
8
14,
Jan
24
17% Mar 10
20
4% Jun
Jun
13%
4
14
7% Jan
7
34% Jun
14
44% Jan
10
Jun
8
14% Jan
18
Oct
4%
35%
Sep 19
14
15% Sep 21
11
4% Jun
Jan
3
7% Sep
25
13% Feb
Dec
Nov
Jan
20% Jan
July 26
4% Feb
9% May
Dec
13
15
100
20
Apr
114
Oct
Mar 18
39% Sep
1
64%
Sep
4%
Jun
•
94
14
Jun
'
.
$ per share
;
35%
37
36 %
37
37
22%
23
23%
24
23%
24%
87
88
87
87
88
86 %
86%
87
88
5
STOCK
6%
6%
;'.':,,.^6%
*86
&
6%
■' 6%
6%
59%
60%
59%
60 % V
58
58
59
59
59
59
1,400
CLOSED
47%
47%
47%
47%--
47
47%
47
47
47
48
2,800
99
99
No par
*108
1%
2nd
9%
*98%
103
14%
103%
8%
14%
*98%
99
108%
14%
104%
*104
104%
*104
101
*98%
101
*93%
100%
*99
100%
99
42
40%
41%
40%
41
41%
41%
41%
91%
92%
89%
92
90%
91
91%
94%
93%
95%
*101
Atlas Corp
•
,
4%
Tack
Conv
Avco
*11
14%
34 %
67'
64
65%
100
25
84
84
37%
111
A—109
100
98%
—5
*82%
38%
101%
11%
11%
35%
36%
36%
37
65%
65 %
*64%
83%
300
37%
37 »/8
37%
8,400
111%
111%
98%
111%
260
84
99
98%
99
560
22%
22
22%
22%
22%
22%
23
3,000
49%
50
50
50
50
50
*105%
107
*105%
18
*171/4
107
107
99
*105%
18
18%
*9»%
107
17
18%
*4%
5%
*4%
5
11%
11%
11%
12
Mfg Corp (The) common—3
conv preferred
No par
83%
36%
111%
37%
49 %
*15
If
*6%
15%
*14%
5%
5%
$2.25
*83
111
36%
111
9°%
*14%
of
84
600
300
65%
49
Amer—i>
Co
*64
3,600
22
($1.20)—No par
-T-5c
Canteen
300
11%
35%
10,700
101%
11%
.
22%
*6%
Co
5,700
51
common——No par
prior pref
20
42
99%
22%
*50
100
No par
Corp
101
<99
-
11%
84
37%
111%
No par
preferred
85%
33
111
111
101
150
104%
*63%
36
*65%
101
15%
151/4
34%
36%
common
Nichols
Autocar
101
11%
*11%
—
conv
Atlas
Automatic
-101%
11%
preferred
.
Powder
Austin
*101
11%
36
Refining common
preferred series
Preferred $3.75 series B
Atlas
101%
—,10
No par
Atl G & W I 88 Lines common—1
non-cum
900
5,400
14%
104%
RR
conv
8%
15%
14%
104%
41%
190
300
15,
8%
9%
10
100
109%
*14%
13
103
—
Atlantic
*108%
99
*99%
Topeka 6c Santa Fe com__100
preferred
108%
*8%
9%
*98%
104%
*104
'*
Line
99
•14%
*8%
,
14%
108%
*14%
14%
8%
14%
14%
99
108
.15%
*8%
Goods
*98%
108%
*14%
Investment Co———10
5%
9,200
EXCHANGE
Associates
4%
6%
6%
No par
No par
Coast
6%
6%
3.300
16,700
130
No par
Carpet Co Inc
non-cum
Shares
37
22%
for
the Week
tper share
36
22%
common__-l
100
preferred—
100
5%
Sales
Sept. 23
( per share
35%
1st preferred
Atch
Friday
Sept. 22
# per share
36%
6%
Atlantic
13
Thursday
Sept. 21
23%
com
com
A T F Inc
Feb
Wednesday
36%
:~5
7
70% July 13
7
PRICES
SALE
22%
Corp
7
93 % Jun
May
Constable
Dry
HIGH
No par
Co
preferred
conv
Jan
Jun
77
106
$4
Arnold
AND
Tuesday
Sept. 20
$ per share
$ per share
100
Illinois
of
Cork
Monday
Sept. 19
10
preferred
Jan
25% May
Nov
48% Aug
20
99
Feb
$3.75
15
30% Jun
50% July
114
Feb
99
53
Co
6c
Saturday
No par
Corp com
preferred
$6 conv prior preferred
Armstrong
47
13
32% Jun
July
Dec
91
13
Sep
44%
*19%
12
44% Sep
107 %
Dec
102
7
Sep
Sep
120%
Mar
Armour
Artloom
Apr
13%
conv
Associated
28
95
06
4%%
11
11% Feb
May
Jun
Steel
14
May
111
Feb
Armco
Monday, September 26, 1949
RECORD
Sept. 17
.
Archer-Daniels-Midlai.d
13% Jan
19
Dec
64
STOCK
CHRONICLE
LOW
STOCK
Par
15% Sep
7% July 18
17% Aug
Dec
8
16% Jun 30
1:
98
12% Mar
YORK
EXCHANGE
14
15
Nov
23%
13%
YORK
$ per share
share
24
106
FINANCIAL
STOCKS
Previous
Lowest
&
37
*6%
15%
5%
6%
15%
37
5
15%
4%
10
300
V-: 7%
*14%
4%
11%
300
106%
20
;Vv. 7
11%
11%
5
1,000
15%
100
5%
11%
800
11%
5%
3,200
15,700
37%
37
37%
37
37%
1,500
14%
14
14
14
14
500
10
9,000
5%
5%
37
*17
20
*14%
5
*11%
5%
37
*105%
106%
6%
15%
7
99
37
5%
5%
5%
B
11%
10
xl3
Babbitt
(B T)
Jun
8% Jun
13
12% Jan
7
Baldwin
16% July
7% Jun
13
11% Jan
7
Baltimore
17%
Dec
Mar
14
22% Jan
7
4%
13%
Feb
31%
Jun
14% Jun
13
25
7
Feb
80% May
60% Jun
13
72
July 27
Conv
15%
Jan
May
38
Jun
28
47% Jan
3'
Barber
OH
Jun
15
Sep
8
21 % Jan
7
Barker
Brothers
Jun
36
Jun
6
41
81
Feb
45% Dec
39% Mar
4
9
Nov
16% Mar
9% Feb
15
51% Sep
14% Sep
14
Bath
Dec
23%
11% Jun
20
Bayuk
36% Nov
16%
Jan
17% ,Jan
4
52
Sep 23
25
96 %
Dec
43% May
80%
Sep
90
87% Feb
4%%
Oil
30
Feb
6
3%%
8
Beaunlt
82
7
Beck Shoe
45%
*17%
17%
39
*37%
39
*37%
39
*37%
39
49%
49%
13%
13%
13%
Inc
No par
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
1,100
Co
common—25
49%
50%
49%
50
50%
50%
*50%
50%
50%
52
2,800
93%
95
95
95
95
(A S)
Corp...
Beech-Nut
Belding-IIeminway
Bell Aircraft Corp
14%
Dec
24%
Jan
11% Jun
14
17
Feb
18
Bell
90%
Dec
103 %
Jun
88% Aug 18
98
Mar 21
26
2
23%
Feb
30% May
25
Feb
37% May
30%
Feb
39%
Jun
9
26% Sep
14
82
102
Sep 14
Sep
7
2% July 6
26% Jan
11
32
7
Sep 13
33% Jan
129% Jun
3
136% Feb
22 % Jun
29
31% Mar 21
9% May 31
11% Mar 11
139 % July
Dec
37% May
Nov
26%
Bendix
13
Mar
125
14%
Jan
preferred
Bendix Aviation
Home
Beneficial
9%
13
Benguet
Best
$ per share
NEW
Bon
5
2
38% Mar
7
42%
Feb
66% July
42% Apr 21
Nov
06
;
1 % Mar
26
:
Jun
71
Feb
25% Jan
11% May
36% Jun
6% Jun
13
47% Jan 10
9% Apr
Jan
7
Jan
10
26
Sep
15
33
Jan
6
98
Jan
14
18% Jan
3
Oct
101%
23%
Dec
Sep
12% July
Jan
3
Feb
33% Aug
29% Mar 14
Feb
17%
Feb
15
Apr
99
Nor
9
Aug
95
24% May
124% July
Dec
13% Jun
11% May
75
July
Mar
Jan
15% Jun
23% Nov
Sep
16
29
Nov
*88%
90%
83%
88%
*88%
90
*88%
90
5
29%
29%
28%
28%
28%
28%
9%
9%
9%
9%
9%
10%
10%
25%
120
Feb
7% Jun
6
27
14
10-
13
100
22
Aug 18
Apr
4
17% Mar 14
124
11
Mar 19
Sep
23
Sep
13
14
29% Jun
15
19
18% Jan
Apr 26
12% Feb 15
24% Jun
13% Apr
Mar
97
Jun
77
Dec
100
Jun
Jan
Nov
,
73
6
77
Feb
10
16% Jan
7
Apr
13% Jun 44
7
Jun
Dec
89
23%
Feb
Jan
60
4% May
27% July
7
17
Jun
13
98% Jun
10
Jun
20% Jun
13
40%
Jun
30
54%
Sep
52
May
8% May
31% May
l
Dec
Dec
3
9
Nov
101%
Nov
119
37%
Dec
44
14% Mar
10
Mar
38
Mar
Jun
26
2
2
16% Jun
9% Jap
100
May
*19% May
19% May
47% Dec
see
Feb
May
Jun
3% Jun 27
15% May
For footnotes
1
Feb
52
Dec
13,
3
27% Mar
Jun
Jun
14
13
July
85%
7
Feb
6% Jun
105
11
Aug 12
x97% Jun
Jan
13
92
Deo
Mar
Jan
82
15% Jun
98%
34
7-
Dec
2% Mar
Sep 22
6
10% July
114
72
May
70% Jun
17% Jun
Mar
25%
2,800
80
*78
80
99%
100
100
'
99%
99%
2%
2%
2%
99%
25%
100
400
31
31%
5,200
28%
28%
27%
28%
28.100
—100
133%
133%
133%
133%
134
*132%
133%
24%
24%
24%
133%
24%
133%
_No par
*24%
11
11%
*10%
r
No par
2%
2%
*25
*132%
>
4
25V4 ' <
*24'%
11
; 24%
11
11
Saturday
3
24
9
Tuesday
Sept. 20
Wednesday
Sept. 19
$ per share
$ per share
$ per share
$ per share
No par
27
27
26%
26%
26
26
No par
13%
13%
13%
13%
13%
—1
12%
13%
12
13
12
Co
3%%
5
Brass
5
24%
11
2%
2%
*25%
;
66,900
26
200
600
25
1,300
11%
11
11
2%
2,500
STOCK
*lUV8
CLOSED
10
22%
82
Feb
2
4% Mar 30
26% Jan
24
36% Jan 26
58
Apr 18
1% Jan
7
22 %
54%
54%
19%
20
19%
20
17%
18%
17
17%
17'/a
17%
17%
17%
17%
18
15
5% Jan
6
22% Jan 10
12% Feb
4
109% Mar 21
41
20% Sep
May
6
21
.
44%
45
44%
45%
45
45%
44%
45
44%
48%
46%
47%
46%
47
47%
47%
46
*96%
97%
97
97
1%
1%
2.50
—100
No par
-
1%
7%
31%
7%
7%
*7%
7%
34%
33%
33%
7%
7%
7%
23%
23%
7
24%
24%
24
24%
25
2<t%
26%
26%
26%
26%
*103%
104%
*103%
104%
32%
No par
*98%
No par
33
5
121%
No par
No par
9%
100
19%
15%
32
70
*30
31
30
*94
common
Copper & Zinc—
—5
Co (A M) common
No par
participating preferred—100
Byron Jackson Co
Nopai
California Packing common—No par
5%
preferred
—50
*7%
7%
*66
Southern
Ry
Co
Canadian Breweries Ltd
10% Jun
13
15% Sep
19
Canadian
40% Jan
6
47% Sep
13
Cannon
Pacific
Mills
Ry
17%
100
10%
15%
1
*123
15%
54
17%
10%
104
40
10%
11
47,400
70%
69%
72
71
72
580
15%
33%
34
16%
*33%
31
100
95
100
.16
1,700
16%
15%
34
33%
17%
33%
1,100
17%
13,700
89%
89%
40
200
*82
83
*82
84
*82
83%
79
*74
79
*74
79
*74
79
14%
7%
106 %
7%
66 '
14%
100
14 %
7%
*7%
108
104
7%
7%
66
y
66
3%
*19
14%
7%
105%
8%
:.66
14%
33%
14%
7% ",r 7%
8%
67
3%
*3%
19%
19%
*108
108
3%
3%
20
102
*100
*100
107
23
23
*23%
23%
*34%
34
33%
34%
54
53
53
66%
20
23
*100
8%
66%
67
23%
34%
4,100
1,000
111
8%
8%
100
22%
14
14%
7% i:.; 7%
105
140
9,800
4'
70
3%
4,300
21%
3,900
102
23%*
34%
10
600
53%
34%
53%
1%
1%
1%
1%
1%
1%
1 %
1%
4
4,100
4
3%
4
3%
4
3%
4
2,900
1,400
*53
:
„
"lit
17%
10
10%
"103
104%
17%
10
103%
17%
10%
17%
10%
17%
10 %
"103
42
*40
20
20%
*20%
22%
14%
46%
10%
41%
*39
39% '
39%
*19%
20%
19%
40%
19%
25
13%
15%
133.
14%
No par
13%
13%
*46%
14%
47
47
47
46%
*46
*53
17%
104
—No par
47%'
6,000
124%
10%
82
34%
103%
123
100
700
10 %
*74
23%
No par
15%
121%
17%
90%
3%
No par
1.66%
19
19%
15%
17%
19%
4
Campbell W & C Fdy«
Dry Ginger Ale com
$4.25
conv
preferred
*18%
*19
100
*89%
1%
Can
100
*98%
17%
3%
4
3,800
*98%
3,100
33
89%
*19%
5
2,700
9%
9%
*32 %
*94.
3%
Calumet & Hecla Cons Copper
33%
9%
32%
*29%
19%
1%
33%
33%
9%
32%
16%
7%
101
500
26%
104%
89%
67
34%
26
26%
*103%
95
3%
*53%
*25%
26%
104%
17%
7%
1
1,500
90%
14%
Zinc-Lead
23%
82
108
*23%
23%
31
19%
*100
90
24%
25%
16-%
.7-.
1,300
10%
15%
i; V
8
300
2,500
*89%
83
14%
33%
100
500
32 %
7%
*93%
33%
107
26%
5,000
2
35%
*29%
33%
79
*25%
*103
4,100
7%
30%
33%
*74
24
*7%
*34
97%
»
7%
96
33%
*82
7%
35
1
*29%
16
94
7%
*32
32%
7%
35
2
*93%
15%
,
15%
123
9%
2
;7r
^3
94
18
_100
•A;
*1%
32%
*96%
97%
*70
15%
90%
15
-
30
'
19
*96%
4i'
t
95
17%
1
70
15%
90%
preferred—100
15%
M to
.
9%
69
69%
1
100
-
123
9%
9%.
100
19
16
*121%
9%
32%
.32%
*98'/a
n
19 -p.
15%
'
7:
100
*98 Ye
16
9%
*32 %
32%
19
121%
32
,
9%/
*32%
19%
.
32%
9%
:
%
,_100
preferred
23
26%
104%
9%
common
25
26%
:■
32%
Corp
24
*103%
9%
5
*31%
*33%
7%
*32%
i
31%
1%
32
7%
1
-
*1%
34%
7%
common——15
Inc
Bldg 7%
■
32
*32
—10o
2nd
4,100
47%
97%
340
1,030
45
47%
*96%
7%
Canada
;
5
preferred
Callahan
1,600
22%
54%
22%
54
Byers
4%%
;
22%
Butte
24% Jan 27
Bros
5.400
20
—
Bush Terminal
Term
19%
54%
3% % preferred
_100
Burroughs Adding Machine—No par
Butler
19%
22%
common
Co
200
19%
19%
preferred
Bush
11%
49
19%
53%
i
Inc
Mills
*11
*45
22%
„
conv
11
49
20%
—
3%%
11
*45
19%
55
preferred
Buffalo Forge Co
1
Buff Niag El Corp 3.60% pfd
100
Bullard Co
—No par
4%
11
49
18%
—100
$5
Burlington
*10%
*44
19
22% '!
preferred
Watch
10%
2,600
10,300
18%
54
common
RR
300
14
12%
20
preferred —
Brunswick-Balke-Collender
Bucytus-Erle Co common
Bulova
13%
12
22%
$3.60
Co
13%
12%
55%
Bigelow_",
(The)
12%
Shares
26%
20%
——
1%
13%
12%
*25%
20%
1%
Budd
26%
13%'
the Week
Sept. 23
$ per share
55%
*31%
7
25
23%
*25%
Sales for
Friday
Sept. 22
49
*44
*
(assented )_100
Co
10%
■
19%
Bearing Co
5
Braniff Airways Inc.——2.50
Brewing Corp of America
15
Bridgeport Brass Co
No par
Brigg3 Manufacturing Corp__No par
Briggs & Stratton_
No par
4
Jan
52
19
■
Thursday
Sper share
No par
(The)—
Feb
104
11%'
*45
EXCHANGE.
Sept. 21
__No par
1
A
preferred
May 14
16% Jan
8
2.50
No par
Inc
9% Jan
121
35% Jun 27
page 28.
Jun
7
Stores
Monday
Sept. 17
Shoe
16% Sep
36
Jan
88
102
26
*78
28
&
95
Apr
*99
*25%
26%
Brown
86
Feb
102
26
80
25%
*73
27%
Brown
Jun
12%
7%
>100
10%
10%
26%
14
90%
77
80
10%
7,300
7,900
31
13
21% May
43% Jun
Dec
26
80
29%
26
21
78% Aug
Feb
25%
82
40
29
30%
Sep
12%
Dec
26 %
*80
100
29%
*25%
10% Jan
,
Jun
Dec
28
30%
32% Sep
34
40
21%
90%
25%
Bristol-Myers Co common
3 % % preferred
Brooklyn Union Gas
103% Aug 23
61% July 6
26% Jun 27
6
*88%
Roller
3?
15% Mar
Bond
Bower
17
14
92%
34% May
37% Jun
class
& Maine
14
25%
1%
13'%
30%
——„—
Boston
20% Jun
Nov
Co
B
Borg-Warner Corp
T
21% Jun
25
16
*13
STOCK
&
Borden
Jan
8% Mar 30
5
Dec
Ami
Class
35% Feb
6% Jun 13
10% May
*27% Mar
73
13%
Co
Aluminum
97% Aug 18
2% Jan 13
17
Nov
Airplane
54
>;
9
Dec
8%
*12%
—
19% July 28
45% Sep 13
.
91% May 11
5% May
Boeing
12
16% May
79
13 %
—10
& Laughlin Inc__
Bloomingdale Brothers
Jan
27% May
Jun
8
47
Sep 13
25% Mar 30
64
87%
-
YORK
(E W) Co
32%' Jan
Dec
May
12
8
16%
16%
*12%
Par
9
Aug
72%
13%
EXCHANGE
Bohn
Aug
81
*12%
30%
-
18
18
20%
13%
30%
7% preferred
Bigelow-Sanford Carpet
Birmingham Electric Co
Jan
50
30%
13%
25
2
27
Jan
65
900
10
Bliss
Jan
7%
12%
26
13% Jan
96
120
800
•12%
13
28%
15
51
90%
12%
12%
33% '
30%
9% Jun
33% Apr 26
17% Jun 13
Apr
Dec
8%
2,400
12%
12%
$ per share
Aug 24
27
33%
*12%
12%
27%
Bliss
21
7%
33%
13
12%
30%
13% Sep. 16#
37% May
26
33
*12%
12%
*25%
6
17% May
44% July
6%
33%
32%
12%
1
8% Jun
Jun
30
-33%c
Black 6c Decker Mfg Co
Blaw-Knox Co
;
42
900
com__Nopar
14% Mar 30
1% Aug
32% Dec
7%
28%
*12
———
(Del)
30% Jan
44%
20
7%
——1
Foods
Bethlehem Steel
13
37% Nov
•
*27%
2%
25%
30
29%
v
7%
28%
2%
22% Jun
Dec
*7%
*27%
Co_18 pesos
10% Jun
30%
"
Mining
36% July
Nov
7%
160
1,800
13
com
19% May
14% Sep
22% Dec
57% Dec
,
Loan
Dec ,'M;
32% Mar
85
13
-—
Appliances
Consol
15%
*83
—100
„—
Best & Co
Range Since Jan. I
Highest
$ per share
19%
34
12%
*15%
'28%
*27
"
Lowest
Highest
Dec
33
7%
*83
12%
common—
Feb
26%
*13
34
7%
28
15%
85
15%
84
98
STOCKS
Year 1048
$ per share
34
7%
23
15%
*96
3,300
*12%
Cum pfd $3.25 ser of 1946~Nopar
Cum pfd $4 div ser of 1948_No par
Range for Previous
Lowest
,
7%
29
15%
*82
96
14,900
1
7
•
15
-82
96
49%
I
—
-
Indus
14%
82
*23
—10
Co
Co
ll
May 10
23 % Jun
Howell
34% Mar SO-
28
23% Feb
25
Oct
Packing
15%
7%
—50
*94
84
15%
*82
—4—1
RR
1
6
——
2.50
pfd__—100
4%%
30
4
*37%
13%
Feb
24
39
49%
Mar 30
v
*38%
1,200
1,500
13%
*.
16
Jan
50
-
——
Corp—
16 % Jun
93
90
45%
17%
37
21% Feb
44%
45%
14
73 % Jan
67
17%
14
87% Mar
67
45%
16
26% July
67%
*67
17%
10% Feb
102% July
67
45%
11% Jun
Dec
67
17%
30% Jun
Nov
67%
45%
19% Mar
68
67%
17
37% July
86% Deo
68%
45%
20% May
21
3,000
xl7
Feb
7
7,800
19%
17%
Feb
Jan
17%
19%
49%
Aircraft
6% Apr 13
17%
19
13%
Creek
Jan
17%
18%
49
Beech
21%
17
18%
14
Beech
Dec
16%
18%
46
Nov
9%
16%
19
49%
32% Feb
Jun
17%
18%
13%
10% Jan 21
38%
16%
19%
49
6
Feb
17%
19%
17
Mills, Inc
4%%
8,100
17
68
pfd——100
conv
&
9%
45%
14%
26
9
49%
30
13
9%
9%
13%
27% Jun
Jun
9%
8%
10
10%
32%
9%
8%
49%
69
4
9%
8%
*13%
Xl3%
Apr
34%
9%
9
1
Foods
Sep
Sep
9%
8%
5
Cigars
Beatrice
5
Mar
13%
9%
9
10
Co
Jan
100
Dec
13%
9%
9
(Delaware)
Works
Iron
6% Jun
69
14%
9%
common
Corp
preferred
Barnsdall
20% Jan
12% Apr 27
22% May
16% Mar
1
3
80%
Jan
3
Jan
32
.
Mar
common
non-cum
45
Dec
*13%
100
28%
59
40% Nov
x20
14% Jun
29% July
Feb
&
13
Works
Ohio
preferred
-100
& Aroostook common—50
5%
preferred—
—100
Bangor
60
_1
Inc—
Locomotive
*40
*103
104
54
18
10%
104
1,600
30
10,500
100
*40
•
41%
20
*20%
21%
700
14
14 %
165,600
46%
46%
300
Volume 170
f HE
Number 4841
COMMERCIAL & FINANCIAL * CHRONICLE
YORK
NEW
Range for Frevious
$ per share•
-i
'11
18
100
Aug
Dec
"
30
110%
7-
12% Mar 23
12% Dec
■ ' Nov
100
43%
"•'.•••6% Mar
s
Jun
7
17
30% Sep-14
14
35% Jan
12% Jun
■
Jan
108
7
5
9
37
4
May 5
7% Aug 18
May
6
Feb
24
52% Jan
30
Jun
10
40
Aug. 18
147% July
131
Jan
11
140
Mar 12
26% Jun
35'/«
7
9
Dec \u
130
Feb
34% Sep
100% Aug 29
22
Feb
Case
1f:
23% Apr 22
July
97
105
xl 14
JUB
105
140
Apr 23
Mar
15
131% Jan
•:
$4.75
Jun
13% Jun
17
26% Jan
20%
Jan
15% Jun
17
18.% Jan
11
Feb
14% Jun
29
17
21
16
Dec
18%
6% Feb
11% Sep
5%
12%
Dec
22% Dec
6% Dec
100%
17
8% Sep
112
3
Oct
83
7%
Jan
39%
10% JUS
13
33%
Dec
15
May
9 % Feb
28
7%
Dec
11
Jun
6% July
18%
Dec
28%
Apr
12%
Nov
20
May
12% Aug 29
9 V® Jun
22% July
Feb
33
i
Jan
17%
Feb
26"%
Jun
18% Jun
Feb
100%
Jan
91
Jun
Dec
15%
Jun
5% Aug 31
May
17% July 18
7%
9
.
11
Cerro
19
Certain-teed
i«
Chain
11
May 16
11% Mar 30 *
7 % Feb
24
10% Apr
Jan
7%
4 J/4 Mar
9%
7% Mar
30
Apr
Dec
26•
Dec
49% July
40
-May
49% Mar
7
Jan
8
Jun
13
5% Jan
7
13
8% Jan
7
Jun
17
23% July
Dec
18% Jan
10
4% Jun
41% July
13%
14
28
3
13
33% Jan
14
15
Jan
7
Jun
28
36% Jan
8
21% Jun
14
29% Mar 30
Jun
57
49% Jun 28
55% May
Feb
42%
Sep
25% Jun
17
34% Jan 21
■
45%
Jan
72%
Oct
56% Jun
14
74
*
10
;
July
10
15% Oct
May 11
Jan
20
12% Feb
4
$ per share
14'%
2%
!
Feb
Nov
,
25
29%
Jun
Feb
19%
Nov
27
36%
Jan
48% July
97% Jan
101% May
Feb
x20
May
42% Jan-
Dec ;
10
Jan
6% Feb
Dec
7%
75%
84%
Apr
3,
79% Jun
24%
Dec
15%
35'
Jan
*
17
Jatt
8
25
Jun
25
May
16 / Jun
6
38 % Aug
20% Jun
14
21
27% Mar
176 "
4.
11
July
176-
80
Jan
34%
Feb
105%
Jan
105
12%
27,
19% Sep
30% Jan
9
City Stores Co
6
Clark
Nov
4%
Dec
.
75%
Dec
Feb
17
Cleve
Jan
26
73
19
Aug
5% Jan
19
Clinton
12
15
30% Feb
2
Clopay Corp.:
Cluett Peabody & Co
July 19
26
141% Sep
82% Jan
28
July
133
92% May
71
147
.
Apr
3%
3%
3%
3%
4
6%
7%
7%
7%
7%
7%
3%
6%
•
~j
24%
23%
25
23%
5%
&
2nd
cum
5,600
26%
27
27
26%
26%
52
51
51
311/4
31%
32%
68
68
71
11
10%
10%
HIGH
SALE
3
'•
*13"
41%,:
*31
33
32
104
54
54%
54
54%
*71/4
7%
4,800
10%
400
31%
31%
'
54%
53%
*7V4
*31
33
7% ;;
51%
28%
18%
24%
28%
18%
18%
130
25%
3,400
54%
55%
9,200
7%-
7%
24
24
*120
169
*67
69
24%
*120
169
*67
70
41 %
-
40%-
41%
•
25
*111
%' 111%
25%
—100
*106%
*106%
68.
*38
No par
12
1
*4
No par
com
% I
il■■
iii* —
preferred--
■,
24%
142
*140-
*77%
77%
7
J
77%
140
*77%
7
107
106%
407/«
10
10
68
30
12%
12i/«
12%
7,600
30%
301/4
30%
5,500
,'
30%
> 7
78,-7
50
1,100
106%
'67
4
v/
.
26
*38
r.
14U
7,400
111
68 ' <
12
24%
,
111
*25%
39
4
24%
40%
40%
111%
26
*67
12%
;
-
*38
r
30 '
4
24%
40.%
*106%
12%
900
69
25%
29%
■">
4
1,300
169
*67
•
'
200
'
24%
*120
69
39
*
24%
24%
169
*111
68
*38
30»a
4
107
*67
39
28%
142
77 %
7
:
•
*_%
10
18%
*120
25%
*106%
18%
/
28%
*67
-
111%
25%
...11%, u-2%:*
4Va
24%
*139
100
.
67
*33:./
30%
..
.
24%
1C0
.
12%.
30%
1
,
4u%.
*111
*28%
18%
241/4
.
69
1
107
67
39%
24%
169
*67
25%
107
*67
a-Jt
*24%
*120
' /
111%
18%
1,400
7%
,89
*84
29
*28%
.
18%
6,460
317/a
103%
25%
89
*84
28%
283a
18%
29,500
31%
25%
54%
.7%
83.
86
28%
1
—
86
*82%
86..
20
517/a
IO31/2
104
25%
200'
2,700
3
41
31%
104
.
Shares
13%
3
52%
25%
the Week
41
33
51%
v
: 104
*13i/8'
3
*31
bi"%
Sales for
Friday
Sept.
$ per share
41%
53%
7%
.
711/4
10%
'131/4
2%
24%
;v\
17,800
•70%
*40
33
*103
25
13%'
3
31%
103
24%
50
,
31 %
-,ty4
103
25%
:
41%
00%
V 251/4
100
32%
$ per share
13%
*31
-
O* '8
1,200
52
32
Thuisday
Sept. 22
$ per share
133b
*51
PRICES
Wednesday
Sept. 21 /
,
33
gtd—_50
111
4%
4,300
301/4
3
->1 %
22,800
•
11%
29%
*40%
*103%
26%
'11%
*10%
""
10%
52%
261/4
-
11%
29%
3%
52
26%
11
28%
67%
*13
3%
25Vi
.v,
30%
$ per shf*re
111
industries Inc
1,900
45,700
11
*50%
52
AND
251/4,
*40 %
20
Climax Molybdenum
900
6%
28%
43
28%
stock
4,500
16%
26
L
Sept. 29
share
*18%
.
Pitts: RR Co 7%
Special gtd 4%
-
10%
*31
STOCK
100
1
preferred
16
16%
28
•
Tuesday 4
13%
5
h
9
21% Jun
3%
6 V2
7%
Graph Bronze Co com
43
36% May
,
3%
7
No par
14
31
3%
*13
Illuminating com—No par
Aug 15
10% Aug 23
6%
16
-•
$4.50 preferred
26% Aug 25
108
Aug 10
24% Jun 22
7
*81%
preferred
37
3% July 11
share
& St Louis Ry CO com—100
non-cum
62% Jun
Jan
6%
5
:
Equipment Co_
Cleve Elec
Cleve
15% Jan
6%
,—100
1
700
9
16V8
.—No par
■
11
10%
Feb
137
3
16
18% Mar
Dec
27%
42% Jan
112% Jun
35% Jan
Dec
23%
$ per
CLOSED
29% Jan
1,700
27,000
*6%
S per
—No par
_
9%
15%
Sept. 19
8.50
City Products Corp—
8%
9
1,400
4%
ny8
8%
11
6%
Monday
EXCHANGE
City Investing Co common5%% preferred—:
5%
8%
4 i/a
,
400
16%
23%
...
—25
16
9
8%
'
9%
11%
16,100
84
6%
3
21
/
4%
9%
10%
10
*41
Corp!
4%
9%
10%
8%
V>
100
29%
'
;
C I'T Financial
Mar
37'8
37a
9%
'
•
29%
*81%
84
100
900
21
6%
common..
13
85
3%
*79
*20%
3%
—10
Com
29%
811/4
LOW
25
29%
29%
81%
1,700
6y8
15%
Saturday
'
20 Va
e
7
*6%
Sept. 17
56% Sep
Sep
21
-■
».
97
97
6%
2OV2
29V8
3%
.5:
Copper Co
6%
200
<24%/ 24%
•
6
6
29%
8%
7
24% r
96
81%
*10%
Chickasha Cotton Oil.
24%
96
811/4
11%
Elec
26%
26%
24%
291/4
-
.
4
4
4% preferred
'
:
100
Cincinnati Milling MachlneCo—_10
8% Apr
83
11%
18,
86
30
—No par
78 % May
.
"Dec
39
29 %
*81%
68
&
*26%
16,800
v 300
-
97%
*20%
66%
47% May
Nov
69%
21
b8%
Jan
105
*20%
21
:
*67%
16
Jun
6
,_100
20% Jun
Apr
108%
'
Oct
•
109
Jun
34%
Nov
22%
36% Mar «,i
Feb 16
Dec
43
111%
Aug 10
70
*5%
31%
C C C
Jun
6%
26 % Aug
July
88
6
,
23%*96
30%
Gas
13%
26%
"
-
31%
Cincinnati
3,409
13'/4
*26%
*26%
25%
96%
share
7
17%
27
24
96%
,30%
16
26% Apr
65%
Nov
Nov
17%
27
/
25%
Chic Rock Is & Pac RR Co—No par
r
3,900
7y8
;
13%
*50%
32% Sep
105% Sep
Jun
50%
:
34,900
12%
*6%
13%
52
Chrysler Corp
58
12%
12%
r>
*50%
Chile
36
14.
,12%.
12%
i3
26%
7
16
44% Jun
12%
11%
*6%
13%
25%
preferred
12%
*
7
12%
26
Co
4,700
13%
26
5%%
200
14%
17%
111/4,
Childs
86%
17%
97'A
100
111!
14%
17%
*24%
Par
8'/4,
.
,
86%
18
*96
-
1,000
14%
131/8
9TOCK
1,100
3%
*110
17%
28%
YORK
8 'A
110
18%
10%
; EXCHANGE
2,700
8%
;
17%
27%
NEW
15%
8%
*3%.
7%
18%
No par
preferred series A
15%
86%
12%
*6%
309
*86%
12%
11%
7
11%
a
31
90
121/a
11%
*6%
28%
Jan
Jun
23%
121/a
11%
18%
13%
v:
131/2
i
*16%
15
8
17
17
17%
110
■
12%
7% *:• '
4.25
Chicago Yellow Cab—
:
111 %
*86%'. 87.
87
11
Conv
8%.
*110
28
Jan
Jun
42;
8%
-
—100
7
63% May
9;9* O
8V«
lllVa
Nopar
7
Oct
1,400
8%
8
*110
16%
Jan
Feb *
141/4
15%
5% Jan
31;
14%
8%
20
44%
14%
*8%
2% Jun
60
14%
8%
6
l
*13%
"
*8! 4
Jun
Jun
13%
8%
19
35
13%
10%.
'$ per
xl3
3%
8%
16% Jari
19% May
4% Apr
8%
3%
10%
i$ per share
$ per share
15%
8%
3%
10%
Highest
,
*151/4
8%
3%
No par
STOCKS
Lowest
Highest
15%
8%
31/4
10%
Range Since Jan. 1
Year 1948
*15%
8%
Chicago Corp (The)—
1
Chicago Great West Ry Co com—50
5% preferred
50
Chic Ind & Louis Ry Co class A—25
/Range for Frevious
Lowest
15%
12
100
110
31/4
*86%
*20%
100"
7,700
8%
-i!
27
13,309
;
15'A
87
:•
102
124%, 125%
17
12%
preferred
*101%
126% i
*16%
11%
27
28%
28%
102
>
16%
12%
preferred
300
16%
13%
No par
7,009
32
16%
81/4
7
10
321/4
101%, 101%
16%
Chicago Pneumat Tool com—No par
$3 convertible preference—No par
4
126
2,700
140 %
*138%
281/4
*101%
13
1
com
27%
:
'•>"
J
13
Chic & East 111 RR Co c0m__NO par
Class ' A
I
_'40
5%
27%
>
13%
Products
convertible
*iA
•
800
37%
*371%
32 y8
102%
*101%
200
7%
7%
37%
140%
: *138%
-
"*101% 102
9.50
com
.5,800
.
7%
31%
13%
.No par
Co_
15
37
7%
37%
com_5
Corp
14%
*35%
*35%
260
16%
-
111
*86%
Copper Corp—J:_5
Chicago & Northwest
s
25%
~
8%
15,609"
157'8
141/4
111
29%
31%
*31
*16%
3%
13%
.29%
31%;
14%
37%:
.
■
161/4
16
8%
.
7
9% Jun
27
15%
8%
.
v
.
Class B
-No par
Chic Milw St Paul & P vtc. .No par
Series A preferred, vto
—100
9
5% Jun
Jun
West
preferred^
2%%
12
12% Jun
13% JUly
33%
•
85
7
*
22% July
15% July
Jan
15%
21
13
Feb
12
16%
5% Jan
13
Jun
9
Jan
161/2
3
3% Jun
6
16%
7
8
14% May
12% July
16
Feb
9
July
17% July
Feb
No par
125
90.
29%
.
102%
271/8
12 6
34% Jan
29% Sep 21
79
Feb
102
124%
Chesapeake Corp of Virginia
—_5
Chesapeake & Ohio Ry common—25
Jan
Nov
26%
*101%
7
Jan
4-
.27%
101%
7%
102 >/4
32
*101%
27%
27»A
71/4
r- 14%
'
138%
31%-
101%
;
1021/4
37
138%
•-
33
*123%
28% Jan
90
31%
No par
100
*3%
36%
(
1021/4 102%
No par
Checker Cab Mfg
45%
140%
33%
7
Dec
9
Belt
*138%
102%
8% Jan
Dec
7%
de Pasco
$4.50
76%
-
33 %
*102 %
com
Champion Paper & Fib
31%
'
South
&
36%
:
140%
J10
Central Violeta Sugar Co
Century Ribbon Mills
30
Jan
*1381/2
:
37%
; V
____100
Corp of Amer
Central
20
25'A Mar
?
37
i
,
29%
7%
100
3,100
7%
*31%
361/a
15
54%
102%
31%
14%
36%
7%
7%
36%
700
*14%
7%
29%
14%
'
•
36
■
7%
Shares
102%
*
•
tor
the-Week
share
*53%
'
55
31%
•A.
14%
14%
36
72
•
29%
31%
7%
7%. i
Sales
Sept. 28
/
$ per
14%
55
102
102%
,
share
*14%
55
71/4
■
29%
14%
7%
NY'Pr Corp 3.40% pfd—100
RR of New Jersey
^—100
Central
29%
31%
A
37%
14V2
Hudson G & E Corp„No par
111 Light 4%% pfd
160
Central
Central
25% Aug 18
97% Mar 4
-
32%
*36
-71/4
$ per
(.141/4.)
*53%
•*101^W 10272
29%
*
preferred
'_20
Central Aguirre Sugar Co
5
Central Foundry Co__
1
Central of Ga. Ry Co. vtc__—No par
5% preferred series B vtc
100
Central
21
Jan
29%
>*31 % "
CLOSED
141
14%
55
7%
V;
101 Va
EXCHANGE
100
common
1st preferred
27
8
|
7%
■
)
*14
*54
lOxva
25
7%
13% Sep
14
7%
STOCK
1
,
4.20%
21% Jan
13
90
'
23
8% Mar 29
14
24%
8
Sep
12% Apr
12% Sep
8
14% July 13
May
7
88% Aug 24
35% Jan 20
79 % May 24
Nov
Jan
24% Jan,:
4
104% Jan
Jun*
Jan
6.
14
6% Mar
8% Mar
108
Jun
12% Jun
38% July
Nov
74
3
'■i
14%
Sept. 21 $ per share
/.
/
Friday
Thursday
Sept. 22.1
Wednesday
Sept. 29
$ per share
55
5%
11% Mar 14
7% May 31
Jun
*14
*54
2nd preferred
Celotex Corp common
7
17% Dec
*■
34%
$ per share
10
preferred
Celanese
'•
Feb
$ per share
A common___i
General Corp
&
Preferred
6
Par
..
(J I) .Co common
7%
7
Jun
Vyy
.•
,
Caterpillar Tractor
13
Mdy
Feb
Feb
"
FftlCES
"
Monday'
Sept. 19
Capital Airlines Inc
1
Carolina Clinch1 & Ohio Ry
100
Carolina Power & Lights
No par
Carpenter Steel Co
.
L
5
Carrier Corp crimmnn
m ;
Conv preferred 4% series
50
Carriers
102% Sep 13
32% Jan.
7
39%
97
123
22%
-
29
16% May
14
30% Mar
Feb-
Saturday
Sept. ill
SALE
LOW AND HIGH
Tuesday
'
'
*
exchange
Capital Admin class
$3 preferred A
17
25% Jun
19% May
/ 30
Jan
;
8% July 26
26% Jan
July
Jan
f41%
15
4
STOCK
YORK
;
55% May 11
Mar
5% Feb 20
Nov
32
Dec
t per sfpare
50
8% Mar
y2 Feb
26 V*
Lowest
$ per share
May
56
Apr
3%'Sep
NEW
' ;//;
Highest ■-
;
t per share
V
Feb
48%
Range Since Jan. 1
Highest ■[
19
RECORD
STOCKS
Year 1948
Lowest
STOCK
(1199)
4
24%
24%
139
*77'/8
24%
*137
139
771/8
78
800
4
24%
4
•
2,100
1-10
138
200
77 »/s
7-<.-;
134%
60%
1332
183
Dec
1332
13
60% Jan
Jun
6
64
Jan
5
1075
29% Feb
45%
Jan
Sep
96 ';
Apr
Nov
25% May
16'"
Feb
12%
Feb
r
26% May
22% Oct
12% Jun
16
Feb
1
22%
15
Dec
9%
5*
Coca-Cola Co
Class
(The) commonJNFo par
40% Aug 18
Internat
Corp-/—No
Colgate-Palmolive-Peet com—Nd
$3.50 preferred
.No
Collins & Alkman Corp
No
24
Colo Fuel & Iron Corp com__No par
13
jun
6
19% Jan
24
10
12
Jan
7
15
13% Jan
7
11% Jan
10
10
8i
5-%
conv
10
10%
Feb
12
Apr
13
Columbia
Gas
16
Columbia
Pictures
7
10
Class
2
13
32% Jan
13
Columbian Carbon
29
22% Sep
14
Columbus
48% Mar
23
Feb
28%
Jun
21% Feb
1,1
26% May 13
Jan
53% July
46 % Feb
55% Sep
90
Jan f
25
12
102% Sep
13% Jun 22
17% Jan
Jan
3
5% Sep
Apr
89% Jan
29% May
25% Jan
3
3
Jan
95
July
29% May
'
3%
Dec
Nov.
3
Oct
106;
90
25
T
23
107%; Sep 15»
28% Sep
23
10%: Aug 22
8%
Dec
11% May
7% Jun
Dec
36% July
24% Jun
30
30
Feb
May
25 V® Feb
11
31
Sep 21
x24%
Sep
21
>
<■'
103%
Mar
8%
37%
Dec.
51
Dec
10%
Dec
8%
D6Q
7%
NOV
/
23
13
8
11% Feb 23
29% Sep
15% May
Dec
19
Feb
38% Jun
Jan
.
July 15
35%
dec,
29%
92
8%
20%
21
21
21
21
Inc—Nopar
11%
11%
"1138
common—No par
12%
12%
&r
So
Elec
5
Co
65%
29 J4
30%
29%
2S%
21%
21%
21%
21%
21%
Inc
preferred
24%
No par
•55
55
102
102
54%
Ne par
15%
16 %
15»i
5%
5%
51/8
5 V*
$6 preferred series—;
Ne par
Commonwealth Edison Co_,
,
25
Conde Nast Publishing Inc—No par
IO6V2
107 Va
103%
106%
27%
28%
27%
28 y®
Solvents
.»
A
01/,
yt*
27%
Congoleum-Nairn Inc
Consolidated Cigar
28
*29%
27%
30%
*39
3
3%
3J/a
26%
25%
Sep
July
u,.ge
30% Jun
6
Aug 25
36% Mar 30
Jun
15
102% Aug 16
95
270
15%
4,700
5%
5%
223,300
106
27%
34,300
18,500
9%
1,000
27%
*31
;
3%
28%
9%
104%
934
27%
31%
3
300
3
26%
26%
108%
600
28
31%
1,500
27%
46,800
108 »4
108 >4
1,000
12%
12%
12 >4
12T/»
12
12%!
12 Vi
12 y®
1,700
10%
10%
10%
10%
10%
10%)
•10%
10%
41
41 y4
40 %
41%
40%
41'4
41%
16 Va
15%
15%
16
ley®.
16%
41%
i»ya
12%
12
12
12
12
j_
15
,
108
108
108
108% 108%
12
v
•
.
'
6%
pfd—
Inc
1
16%
100
Retail
Stores
Consumers Power Co com
Common
$4.50
$4.52
4%
"when
preferred
distributed"
—
preferred—,
^_100
Continental Baking -Ccr com
No par
$5.50 preferred
—No par
Continental -Can Inc common
20
preferred
$.7.75
preferred
2
9% Jan
7
Continental
56% Feb 24
65% Sep
14
Continental
6% Jun
26%
26'/®
'
28
'
2,200
15%
5%
105 Ve
9%
27%.
*31 y»
1,800
54
101%
10%
108%
*
12 Va
*12
108%
96
5 V*
j
.*3
3'/®
25%
.
25%
101 v*
10%
36%
5
28.
3
'
> 53%
12%
i
108%
3
28
31
:
108%
preferred
No/par
*
64% Oct
*27%
25 v4
25%
No par
$5
Container Corp of America com—20
13
9,700
Consolidated Grocers Corp:—1.33%
Consolidated Laundries Corp
5
110%.
Jan
13% May
•
26%
109%
Jun
28%
i<'
3%
26
Nopar
13% Jan
200
3,200
21%
543/B
101%
16 %
16%
104%
27%
104%
27%
30%
32%
85
51/*".
103%
*■;
31
14
67%
29%
21%
101
16'8
5%
31
9%
93
May
157 8
£
27%
30 V*
Aug 29
67%
29 Va
54
54-'y2
101% f-
y\
30'%
99%. May
I
54
16%
Commonw'ltb & South com—No par
31%
4
15
2r500
21%
-
25 V®
25
24%
-
101 «/♦
J2%
13
Dec
24%
102
30%
May
37% Jan 22
101
Sep 21?
15% Sep 13
For footnotefe kte
101
32%
31% Sep
109% Sep
92%
53%
-
-No par
12% Apr
17
99'
24%
25
10
.—100
—
10'/a
36
700
'■
Engineering
Superheater
Commercial
X21 %
127/a
31,300
11%
12%
29%
29%
!
v.
67%
*64%
65%
30 \>z
9%
20
40,
12%
66
11%
11%
12%
Consolidated -Textile; Co Inc—.
10c
Consolidated Vultee Aircraft——1
27% Jun
Nov
Oct
11%
12%'
Consolidated
105% Apr
17% July
11%
12%
21%
/
*63»/a
11%
13
7
Dec
.
66
11%
30%
*63
No par
Co
Ohio
13
8
42%-Jan
48% Mar
20%
9% Jan
106%
Nov!
20
Consol RR of Cuba
111
10% Mar ;
84% Mar
19%
Consolidated Natural Gas
Oct
90
20%
7
103% Apr 27
Sep.
33%
20%
20%
0
106% May
98% July
100
280
2.50
1,600
12% Mar
6
270
21 y®
16
JUli
370
20%
14
'
13,500
1,300
20%
Jun
8
16%
10%
20
46% Mar
30% Apr 27
Jun
15%
16%
10%
153'a
20
»
7% Jun
10
15% July
16% Mar
>
20
21% Jan
£9% July 26
29%
9%
20%
19
8
15% /
17
16%
978
10%
15%
16%
9%
20%
108% Sep
14 V* Jan
11
15%
16%
10%
Consol .Edison»of N Y com—No par
6
15
9%
1D4
23
14
15%
I6V4
*9
3,900
2,200
•V
10%
21
Jun
15%
19%
30
95%
15%
-19%
ny®
4% Jan
Apr
*93%
15%
2oy4
11
27'A Sep
11
95 Va
15'4
.
v
10%
20%
14
Xl06
*93 Va
19%
' 8
10 %
25
Xl8% Jun
12% Jun
19
10%
2% Jun
108%
Feb
/ 11% Mar
15
10%
21% Feb
1
94% i-
14%
.
10%
Commercial- Credit common
3.60%
94 %.
15
20 %
*9
25% July
Dec
:
3,500
*10
6% May
.
39%
10%
No par
No par
Consolidated Coppermines Corp—5
32
Dec
4
7
14
16
27%
r
910
38%
39%
39%
*19%
94V2
14%
39%
38%
2
10 "2
$4.25 cum preferred w w—No par
Combustion
18%
36%
39J
*9
System
13% Sep
67% Sep
18% Jun
.
2,700
*1275
*9%
B
26% Jun
Jun
37'A Apr
Feb
169
61%
61 >4
;
2.50
23% Jan
Nov
61 Va
*1250
10
Columbia Broad Sys Inc cl A
6
2%
167%
167 Va
*61 Ve
61%
16%
10%
9%
2nd preferred—100
22
9% Jun
10%
non-cum
17 % Jun
xl6
167 V2
135%
61 %
*1250
14%
9%
non-cum
16% Jun
■7% Feb
15
-•
16%
4%
32% May
Jun
14%
978
4%
31% May
104;
163
:
''
19%
'■
:
*16%
Ry com—100
1st preferred——100
Dec
13% May
15
2oy4
_20
preferred
^
93%
14%
Colorado & Southern
Nov
78%
"•
62
-1—
39
20
par
*•
20
Dec/
96
par
——-20
13
24% Jan
Dec r
*94%
—
Colonial Mills Inc—
Dec
49
40
7
8% Jun
7% Jun
28%
39 %
16
Jun
14%
61%
*1250-
par
17% Jan
96% Sep
20% Sep
19
Jan
18% July
■
.61%
*1275
8
17% July
•?% Sep
165
163
166%
61%
par
17
20%
r
165%
No par
A
Coca-Cola
Mar 22
15
Oct
18%
15
Jan
89
7% Jun
Dec
25
Jan
xl3% Feb
Nov '
9%
11
.
Sep
July 25
'
1075
July
15
31
x87%
172
Xl24% Jun
Jan
63%
Dec
July
—
—
i.
No par
Diamond' Fibre—
Insurance
5
_——10
7%
7%
8
37
14%
33%
*100
7%
64
i2y#t:
3oy®
30%
30%
30%
30%
18,000
30%
30%
30%
50,200
110'4
noy4
110%
110% noy4
108%
loa3^
108% 108%
*108% 109y®
T
•
-
36
36
35 Va
101
101
14%
S4%
33%
r
15%-
94'i
33%
~
63%
64
19,900
loy#.'
15
7
600
10 y^
30%
94.%
7
200
7%
9%
6,300
109 V*
r
36
*100 Va- 102%
7y»-
-12*4
*7%
5,800
30%
14%
33%
•12
s
7% : v/*
97/a
1QV0
,
9%
94'/»>
102%
<
77/®
18%
30%
;
109'4
36
*109%, 101
15%
94%
64%-
109%
;
;
*7%
42
30%
*108%
r
'
lQVn
109%
*100 >4 101
94%
7%
1,200
41%
18
.
•.
/
33%
33%
♦
*100% 101%;.
>
-
*7
63%
-
,
•100% 101
15%
15%94 y*
94%
33%
33%
*100% 101 %
7%
<•7%.
64 y.
64%.
WniTT'iCTTTTIiTTlfiTT'T!"'
-36
>
7%
64%
(
36
36
330
220
1,200
10
•100 y+ 101
15%
•94
33%
*100%
15%
4-100
94 >4
230
333/4
5; 100
101
L
7 ye
7 y®
600
64%
65%
3100
i
TnTTTTt
(1200)
20
nAUnranriT A T
a
THE
/i-tnnv
COMMERCIAL
&
NEW
I per
NEW
Range Since Jan. 1
YORK
CHRONICLE
LOW
AND
HIGH
Tuesday
Sept. 20
$ per share
6 per share
SALE
PRICES
Thursday
Wednesday
Monday
Sept. 19
$ per share
Saturday
Sept. 17
Par
Monday, September 26, 1949
RECORD
STOCK
'
STOCK
Sper share
4 per share
share
YORK
EXCHANGE
Highest
Lowest
Highest
Sper share
FINANCIAL
STOCKS
Range for Previous
Year 1948
Lowest
mr*r« *T«T t *
Sept. 21
5%
53/4
6
Feb
10%
Jon
5% Jun
14
Continental Motor®.
1
6
6%
Feb
89% Jan
47% Feb
11
65
Sep
13
Continental
Oil
S
62
63%
60
62%
14
15% Jan
3
Continental
Steel
12%
12%
12%
12%
*12%
19% Jun 28
6
48%
23% Sep
13
22%
22%
20%
22%
21%
21%
51% July 19
55% May 13
•53%
54%
*53%
54%
*53%
54%
10%
9
21%
Feb
13
15%
9% Not
13
12% Feb
17
Jun
20
19% Jan
6
49% Jan
50% Nor
42% Mar
Jun
12
Oct
7
Jun
4
13
Jun
49% Mar
3
50
Feb
18
Not
67% July
23% Oct
20
Apr 20
88
Not
97% July
94
Jan
iO
86
Oct
98
92% Jan
3
Jan
6
56%
Deo
13
8% Deo
S21
Mar
7
55% Sep 14
26% July 19
100
101% Sep
64% May
189
8
13
32% Jan
7
96
Jun 27
8% Jan
3
Feb
7
14
Jun
18
3
12% Sep 22
27% Aug
1
Deo
23%
Dec
46% Mar
34% Jun
20
Jun
14
28
94
Mar 17
101
Jun
90
May 24
Feb
103% July
129
155
Jun
55% Jun 30
34
Dec
12%
Jan
21
177
160
Jun
Deo
Dec
88
11%
Dec
15%
Dec
Feb
Feb
150
Aug
47%
Dec
61
May
4%
18%
28%
Feb
160
May
13
6
8% Mar 29
No par
CLOSED
Co
3%%
24
•101
Zellerbach
Corp
com
7%
7
19
19% Sep
7
9
Jun
13
87
Jan
24% Jan
Class
7
Jan
21
26% Jan
7
A
186%
185%
3%
3 a/4
1%
*13/4
28%
28%
100 %
Inc
1,300
*99%
11%
121/4
26%
26%
26%
12%
5,400
♦26%
26%
600
14%
143/4
14%
14 5/s
5,900
39%
401/4
40
40
27%
100%
25%
26%
26%
100 3/4
1003/4
100%
96
96%
96%
16%
17
17%
16%
6,300
100
12
14%
26
♦95%
*99%
40
14%
*39%
101
25%
101
28%
28%
28%
100%
12
900
2
27%
600
27%
*100%
3,500
30
101
98
16%
96%
96%
50
17
*96
16%
17%
3,300
700
58%
57%
57%
57%
58
58%
21%
22%
21%
22
22%
58%
24%
*58%
22%
23%
243/4
760
14%
14%
14%
14%
14%
14%
14%
14%
14%
1,300
*160
7%
*65%
12
*21%
6%,
127
47%
7%
1
pfd
14%
40
17%
170
3%
*1%
14%
20
100
—„...
Cushman's Sons Inc 1%
14%
26%
185%
33/4
2
27
10
2,400
63
184%
3%
1%
3,300
99
102%
63
185%
*3%
1%
40
97
B
Inc
Cutler-Hammer
185%
3%
187
14%
101
Cunningham Drug Stores Inc—2JO
Curtis Publishing com
No par
$7 preferred i
No par
Prior
preferred
No par
Curtiss-Wright common
X
137
62%
99
22%
100
8
3
623/4
yJ 130
■
58
100
10
preferred
Cudahy Packing Co common
4%% preferred
7% Jan
14
62%
3,400
.
24%
233/8
♦101
102%
62%
X26%
preferred
10®
Cuba RR 6%
non-cum
pfd
100
Cuban-American Sugar common—10
23%
100
1%
26%
26%
*95%
*101
3%
187
-
40%
*100%
*99
102%
*101
26%
23% Aug
Mar 14
62%
100
*99
102%
62%
23%
23%
23%
24
100
♦101
11%
28
7 7a Jan
23%
*99
102%
*99%
Feb
18% Jun
24%
100
11%
Cuneo
50% Aug 18
9% Apr
4
54%
28%
1
Jan
54%
100%
27
129
543/4
11%
Jan
14
*54%
27%
13% Feb
Jun
54%
54%
*99%
conv
150
54%
11%
17
1,700
50
54%
28%
Crucible steel of Amer com—No par
1,200
14
14
*49%
*54%
1%
26%
103/4
10%
14
50
5,400
8%
100%
•
10%
13%
*49 %
50
8%
11%
No par
No par
54%
8%
37a
14%
*53%
8%
187
26 %
2,200
8%
1%
*40
22%
8%
3%
28
600
22%
8%
*185%
.
12%
8%
63
B
preferred
$4 2nd preferred
Press
50
5%
63%
54%
22
14 %
14
9,800
5%
12%
22%
♦12%
8%
62%
No par
B
$4.20
5%
*49%
50
10%
*49%
*99%
73
133
July
54%
•99
2.5b
preferred
Crown
14
1
America—^
Cream of Wheat Corp (The)
Crown Cork & Seal com___
$2
10%
14
13
62%
6
62
62
61
100
preferred
of
10%
14%
8%
Corning Glass Works common
A
3%% preferred
100
Cum pfd 3%%
ser of 1947—100
Corn Products Refining com
2>
7% preferred
100
Coty Inc
1
Coty International Corp
1
Crane Co common
2B
Creameries
11
49%
Co—10
Corn Exchange Bank & Tr
6
14%
1
Steel Co common
Convertible pref 5% series
Cornell Dubilier Electric Corp
5%
-5
11
•
SO
Copperweld
13
43% Jun 28
x3i% May
21% Mar
Apr 21
16% Sep
EXCHANGE
14
109
Sep
137
72% Jan 24
31
STOCK
No par
Jun
16
12% July
Feb
Jan
7
0
27
May
Copper Range
21
Jan
com
4% Feb 24
<?: 13% July
122%
96% Sep
24
Corp
$3 prior preferred
13
Sep 14
Aug 31
14
5
10% Jun
60
July
17% May
24% Jan
7
7
5% Jun
13% May
7%
67%
July
12% Feb 24
17% Aug
Feb
Apr
133
14
78%
65% Dec
25
15% Jun
28% Jun
7
19% Jan
42% Apr
Delaware
Corp
Cooper-Bessemer
100% Aug 18
30%
Deo
6
9
23
Dec
Sep
2% Jan
36"% Jan
91%
9
21% Jun
Deo
95
9
4% May
26% May
20%
Aug 29
13
Jan
24%
17% Not
11% Jan
1% Jun
89% Jun
98% Jun
Feb
92% Sep
6
15
3% Mar 25
5% Jan
3% Feb
1% Deo
29
171% Jan
177
Oct
3%
57
66% Mar
Mar
Deo
104%
July
Feb
52
of
Shares
12%
*10%
July
65
x49% Mar
11% Jun
Apr
7
for
the Week
Sept. 23
$ per share
63%
*53%
19%
Mar
14
8% Jan
Sales
Friday
Sept. 22
$ per share
$ per share
*132
No par
7%
7%
*160
180
*160
180
180
7%
7%
*160
7%
*65%
11%
11%
*11%
12
21%
21
21%
*20%
21%
6%
6%
7%
*65%
68
12%
6%
*65%
68
68
6%
7
127
47%
127
46
127
46
7%
7%
20%'
19%
1'35
*132
21%
21%
i
10M>
11
3%% pfd series A.—— -LOO
*94%
9572
*1272
1372
*12 72
*16
17
*126%
7%
*16
12
*20%
21%
20%
20%
400
6%
7%
73/8
15,200
*128%
21%
21%
101/2
107a
1074
95
95 74
9574
*9474
13%
*J2%
1374
12%
10 7a
*16
1772
21%
107a
9.5
800
73/4
*132
16.800
20 3/8
7%
20
193/4
135
40
48
*47%
7%
19%
*132
1,000
128
128
46 %
7%
19%
135
7
128
46 %
*21%
21%
1,900
68
12
7%
19%
73/8
*66%
12
47%
*132
180.
73/8
7%
68
12
128
*48
7%
19%
135
.
*160
180
'
59
2,000
135
21%
21%
800
11%
11%
2,800
95
21%
95
D
V.
9472
Oct
85
Jun
4
96
5
14
Jan
13
18% Deo
20% Jan
1174 July
14%
Dec
177s
15
18%
Feb
Jan
xl67s Mar
22
Sep
3
31
May 12
4
98 72 Aug
18
927a Jan
11
99 7a Sep
22
772 Jun 30
103/4 Jan
8
Dayton Rubber
47s May 31
Jun 14
7
Decca
29
92
84
Sep
04
Jun
Nov
157s
Jan
1374 Jan
42
Deo
17
Jun
307s Jun
31% Deo
46 Vt
29% Feb
38% Jan
347s May
31
50%
26
7% Feb
1374 July
Jan
Jan
Mar 29
15
21
7
Jun
13
13
9% Jan
19
Jun 20
19
Jun
13
58
343% Jun
14
---
Deere
22
Sep
16
277s Jan
1%
24
9872
9872
160
83/4
83/i
8%
1,200
19,300
*98
98%
935/a
93%
9872
*9874
9974
99
8%
8%
8%
8%
83/4
7%
77a
77a
'
8 34
87s
8%
8
21%
872
87a
87a
30
23
23
23
237a
37
377a
36%
3772
3674
37
3772
357a
357a
353/4
357b
357a
357a
*3574
3774
357a
♦35%
35%
600
29
29
287a
2972
29
30
3072
3174
3072
30%
3,600
6 3/8
6%
77a
7%
77a
8,800
too
.
_
60
_
672
Light Co— 13.50
Delaware Power &
9972
9872
*23
Western-
&
5,200
9872
287a
*67 7a
20
Lack
2,000
29%
987a
21%
285/a
98%
1
preferred
Delaware
2174
2874
9872
2074
29%
77a
200
167a
29%
21%
9374
7%
*16
,
Nopsr
common
Delaware & Hudson
7
503% Jan
Co
&
1
13
283/4
2074
2872
9372
•
130
.
*12%
127s
213%
2174
2.9%
§0©
Inc
Deep Rock Oil Corp—
13
3674 Sep
407i Jan
Records
_
11
96
17%
213/4
28%
—»Q«
Co—
*16
217a
series B——100
3.75%
Preferred
11
*975/a
7
Dayton Pwr & Light common..
Preferred 3.75 % series Ai-i.; —10®
12
383/8 Sep
57a Jun
Jun
%
97a Jan
14
13
3974 July
«...
2
—
Davega Stores Corp common—2.50
.—20
5% conv preferred
1
Davison Chemical Corp (Ths),
8
Jun
8% Sep
177s May
Corp common
Jan
94
27
Aug 18
Jan 24
Dana
2674 Jan
287a July
3174 Aug
24% Feb
82% NOV
8%
1574 Mar 18
?4
*23
63/4
23 7a
6%
6 7a
217a
22
21%
21%
217a
217s
*21%
2172
2372
2474
2272
233/s
23
2374
23%
247a
413%
42
43
44
22%
23
23
23 74
55
*52
6,200
38
377a
'
67a
800
23%'
*23
21%
21%
5,300
23%
24%
6,900
43%
44%
2,100
.
Denver & Rio Grande West RR
14%
Feb
Escrow
ctfs
for
com__
_
-100
100
427a
4272
20
Apr
2174 May
20
Jan
3
2374 Sep
16
Detroit Edison
20
23
237s
56
Dec
; 60% Jan
50
fJun
7
58
Jan
10
Detroit Hillsdale & S W RR Co.—100
*52
972 Jan
7
32% Mar
8% Dec
22% MAr
11
July
■\ 137s
43% Jun 29
May
Detroit
Steel
15
167s
117s Jun 20
13
Mar 29
13
22
Jan
26
Devoe &
Jun
317a Sep
20
40
Jan
7
46% July
19% May
3774 Sep
1
10% Dec
35% Mar
88
Feb
11
Deo
Jun
14
247a Mar
2
23%
6
6%
|
*
Match
45% Feb
14
13
127s Apr
5
8 78 Sep 22
Diana
127s Jun
13
167s Aug 18
19
12%
12%
1274
19
1872
1974
*18%
34
3472
317s
33%
32 72
33
3372
3972
3972
38%
397a
3774
39
11
117a
11
117a
11%
6%
preferred
partic
Stores
Range Since Jan. 1
Lowest
Highest
$ per share
NEW
Oct
17
Jan
Jun
2474 Feb
14
31
Sep 23
46%
Deo
56
Apr
45% Jun
13
53
Apr 26
9% Feb 24
10
Deo
23
Jan
10
Jun
29
Feb
40
Jun
25
July
19
Feb
Feb
90
Feb
106 %
12
1
109
119
Sep 19
11% Mar 8
8% Jun 13
Dome
4
Jan
116
14
Feb
28
97% Jan
99% Jun
Feb
111% Aug
10% Dec
34%
Monday
383%
3874
3974
3972
11%
Tuesday
3
112
jun
Jun 20
3%%
Dunhlll
14
117a
8%
11
11
1,600
1,200
8
8
5,300
16%
16%
Sept. 20
$ per share
conv
50
497a
4972
*49
5072
50
50
107a
10%
10%
1072
1072
10%
11
10%
107a
1,200
327a
.33%
317a
3172
3134
317s
32%
32%
5,400
CLOSED
39,400
187a
18
3274
1874
177a
1874
173/B
3272
177s
1774
173%
587a
583/a
57%
58%
573/4
58
587a
587s
58%
59
IB
487a
49 3/b
48
497a
4872
49
487s
4974
49%
50%
*107
109
*1073/8
*107 7a
1077s
10774
1772
173/4
1778
177a
10972
108%
No par
107
1073/4
1063%
IQo
18
1874
78
common
.100
preferred
-1
International.
(E I)
17
18
78
'*76
80
♦78
80
18
18
18
*18
18%
137a
13
1374
127s
137s
52%
50 3%
527a
5072
523%
$4.50
series
No par
Preferred
$3.50
series
No par
1st pfd
1027s
*11372
114
10%
1072
19
88% Feb
157
Sep
46% May
175
Jun
7
33% Deo
21% Jun
Deo
82
Mar
19% May
92% Jun
14% Apr 18
88
Jan 12
16% Jan
10% Feb
10% Dec
32% Jan
18
Jan
94
7
10
4
14
Aug 12
Apr
5
July 25
101
2
Deo
106
5% Jan
89% Not
56
16% Oct
33% Apr 29i
12% Feb 25
43
11
37% Jun
32% Mar 18
34% Jun
95
8% Jun
Feb
82% Feb
:
1% Not
48% Deo
12% Deo
19% Not
17
Jun
1
1% Jun 13
Jan
27%
Deo
6
Jun
Jun
10% Jun
7
2
-
Jan
Jan
104
jun
Jan
10
14% Jan
" 6
x29%Jun 16
100% Jan 24
.4% Jun
Feb
Convertible preferred.
29
May 16
13% Jan
7
16% Mar 31
17% May 26
33% Mar 25
104
Jan
13
9% Jun 13
-14% Jan 21
48% Jun
Sep
68% Apr
55
Deo
1
July 12
3% Feb 25
Jan
20% May
6% Jun
13
.6% Jun 28
36
Jan
4
>3
Jun
15
page 28.
61% Jan 24
68
Jan 31
4% Jan
10% Jan
0
7
9% Aug 12
49
Sep 19
5% Apr
6
El
53
49,600
*12272
124
♦1013/s
10274
*1135/s
114
10%
10%
*1074
1072
143/a
9%
9%
9%
9%
800
43
427s
437s
10,400
190
*187%
190
50
26
2,000
*874
9%
9
9
9
*97s
437s
43
189
9
42%
♦187
4274
190
423/s
*107
-■
*10%
107a
300
197a
197s
3,400
14%
143/,
9,500
*8 7s
97*
2672
26%
2678
25%
267s
257s
163/4
16%
1674
16 J/4
16%
♦1674
1674
♦91%
927a
93
93
*91%
91%
9172
11%
113/S
11%
117B
1172
•'11%
11%
♦95%
117s
97%
11%
977z
*95%
9772
*9574
9772
*95%
6%
67s
67s
7
7
/-
120
197s
974
26
200
14
1474
*8%
*153/4
500
197s
19
187
114
10%
133/4
187
12372
10172
114
103/s
18%
42%
12372
1013/a
"
*95%
93
12
100
700
70
2,900
9772
•
7
7
*7
7
7%
1,400
39
39
3872
39
383/4
39
387s
39
387/8
39-
2,600
14%
143/s
1474
14%
14%
14%
147a
143/a
14
14
2,800
35
.No par
35
No par
41
41
17s
35
35
35
35
,
1%
l5/s
*4072
4172
41
41
117s
1%
1%
*35
172
36%
*35%
172
4072
1%
41
36%
600
1%
6,100
500
41
41
1174
1174
1,300
22%
2274
2,800
587s
58%
700
12
12
1174
1174
11%
1174
117s
213/4
22
2074
213/4
207s
217s
217s
22%
JO
58%
59
5772
58
57%
577»
*58 74
60%
*45%
47
*4572
47
*4572
47
*46
47
46
46
257s
1074
257s
257s
4,900
10%
10%
1,500
IE
——
257s
Phonograph— 0
25%
253/4
1074
97s
97s
15
157s
10
1074
15%
1674
16%
16%
313/s
3172
*313%
103%
10374
5%
5y.
107s
50
60
7%
874
48
-2 JO
10
1672
4%
.
257s
323%
•493/4
Ex-Cell-O
15
25%
16%
*57%
preferred series
Erie & Pittsburgh RR Co.
143/4
253%
32 3%
10%
Eureka Williams Corp—
Evans Products Co.
Inc
Corp—
Exchange Buffet Corp.
,
257s
10 %
RR common
Eversharp
52%
JLOQ
Empire District Electric Co
10
Endicott Johnson Corp common. BO
4% preferred
100
Equitable Office Bldg
5%
7,700
523%
XBO
Emerson Electric Mfg Co
Erie
13%
114
83/4
187
100
1
Natural Gas
Emerson Radio &
400
14
10
common
preference
Paso
200
1872
13%
123
143/s
1%
5¥s% conv preferred.
5%
81
*18
10274
42%
Elec & Mus lnd Amer
Electric Storage Battery
28
5% Aug 17
4
47
6
59
11% Jan
49% May
7% Mar
Sep 14
14
123
9%
B
10
Electric Boat common—
Elgin National Watch Co
15
*7872
♦1137s
19
93%
Elliott Co
16% July
65% July
see
:
Aug 19
2% Jan 12
51
7,000
81
*10072
83/4
*92%
common.
13% Mar 24
9% Feb
50% Feb
For footnotes
15% Apr 14
173/4
18
1017a
123
1872
100
preferred
4%% preferred.
Elastic Stop Nut Co
Electric Auto-Lite (The).
60% Sep
0% Not
9
7
2,200
114
137s
16 y8
23 %
Jun
42% Jan 14
23% Aug
2
8% Jun 14
12% Jun 17
20% July
16% Deo
16% Aug
84
1
114
9%
267s
Products Co
*10072
147s
16%
4%%
..
19%
26%
Ekco
*122
14%
Edison Bros Stores Inc common—1
17% Jun 18
Oct
Deo
Jan
preferred
Manufacturing Co
48
74% Jun
"
49
May
7% Apr
steel Corp
Eastman Kodak Co common
Eaton
109
17%
18
*8%
Co
Airlines Inc—
Eastern Corp commoc
36
2% May
56% Jan
Jan
1227a
*101
100
B
22% Jan
14
10772
173/4
52%
Preferred
Eastern Stainless
100
10774
133/4
527a
110
*7872
•
1,700
14,100
*107 3/8
108
& Co—
8
Duquesne Light 5%
D W Q Cigar Corp
108%
107
13
*173/4
No par
12% Deo
80% Dee
180
1072
EXCHANGE
122
6%
1,100
1,200
49
-
*107
Common
Sep 20
11%
31
49
_1
189
Shares
11%
30%
49
-IB
5
Sales for
the Week
STOCK
Eastern
Jan
11,100
f$ per share
117s
Sagle-Plcher
164
$ per share
30
16% Mar 29
13% Jan
7
47% Mar 29
$ per share
Sept. 23
11%
20% Mar 30
13
Friday
•
Sept. 22
30
14
38% Jun
Thursday
Sept. 21
117a
14
7
Wednesday
16%
2972
Jun
13% Jan
1678
11%
15% Jun
7% July 11
7% Jun 14
16%
PRICES
29
25% May
20% May
13
16
SALE
28%
19% Not
Deo
8
2,400
•
Sept. 1J>
$ per share
—No par
Duplan Corp
10
8
11%
common
$3.25 2nd preferred
19% July 26
53% Sep 14
123% July 5
102% Aug 26
115% Jan 12
HIGH
772
283/8
Deo
2% Dec
34
11%
12% Jan
9% Deo
7% Mar
14% Deo
1.500
1874
11%
13
97 .
Feb
4% Jan
0
3472
29
13% Oct
>
200
12%
18%
1172
9% Jun
Feb
Mar
"
187a
287a
15% Jan
12%
9%
12%
29%
*12
200
19
19
12 7a
No par
Co
Dresser Industries
86% Jan 21
Sep 23
163/8
4.
41% Deo
19
No par
Ltd
$4 preferred series A
20
Sep 23
24% May
Mines
Chemical
Du Pont de Nem
X50
*1872
1872
2,200
No par
B
Corp
10878 Sep
21
153%
*11
77a
8 per share
No par
Pepper Co
101% Apr 22
124% Jun
18
Doehler-Jarvis
Apr 29
43 V* Jun
"
:
6 78
6
No par
Douglas Aircraft
78
20
Dr.
33 %
Dow
July
May
May
98
Dee
14% Mar 29
50 Vt Jan
Sep 20
Jan
92
18%
6,400
55
1
63% Mar 31
Apr 29
Saturday
Corp
Dixie Cup Co common
Class A
3
17
12% Deo
Dlvco
7
101
12
8
12% Jan
Oct
83
163/fl
772
Sept. 17
Par
48% Feb
43
31% Jun
Xl8% Not
77«
LOW AND
STOCK
YORK
Sep 19
183/4Sep 20
67%
07
7%
16 i
$ per share
20%
Apr
50% Oct
106% Jun
2
—504
Corp
EXCHANGE
Highest
$ per share
41
11% Nov
2B
__
Car Co
Diamond T Motor
STOCKS
Nov
18
67B
127a
1872
*18
23
22%
*52
55
*6
67a
1972
Distill Corp-Seagrams Ltd
13% Deo
18
*12
*6
1272
Nopsr
common
21
26
04
*52
1974
12A0
Raynolds class A
Diamond
974 Jun
Year 1948
Lowest
118%
; ,
6
if
18%
55
*1874
•
6 74 Jun
——
xl9% May
$ per share
Nov
42
22%
*52
*12%
Corp—
Range for Previous
32% Feb
6 Is
42
55
'
46
——
47
1
.1
De Vilbiss Co—.
167a Jun
Jan
28% Jun
Mar
pfd—.—.
Detroit-Michigan stove Co
2674 Oct
Deo
13
Escrow ctfs for
*33%
43/s
774
872
49
37a
♦103
10374
♦103
15%
167s
32
104
153/a
163/4
*3172
♦103
157s
;
/ /
104
157s
-
1574
8,100
17
17%
1,200
313/4
17
313/4
100
313/4
*103
500
1033/4
10
5%
57s
57a
5%
57s
57s
57s
53/4
97s
7,500
107s
97.
10%
10%
103/4
10%
103/4
7,900
5074
50
50
49
*57%
474
7
8%
46
*3%
49%
60
4%
7%
8%
48%
3%
49
49
493/4
*58
60
*57%
4%
774
8%
47
*3%
474
774
8%
47
37s
4%
73/8
87a47%
*3%
60
*57%
4%
4%
77s
8%
48
37s
>
77a
87s
*48
*37s
1,000
60
47s
1,900
7%
2,200
8%
3,100
4874
1,900
37s
Volume 170
Number 4841
THE
COMMERCIAL
NEW
x.
Range for Previous
$ per share
FINANCIAL
STOCK
CHRONICLE
,>
;
«'
y
t per share
-■»
Range Since Jan. 1
Lowest
-
$ per share
LOW AND
% -NEW YO RK •: STOCK'''
:•
Highest
1'*■
"
Saturday
'EXCHANGE
Monday
Sept; 17
$ per share
Par
(1201)
M
RECORD
STOCKS
1948:1*.'
Lowest' Highest
YORK
&
8 per share
HIGH
SALE PRICES
Wednesday
Tuesday
Sept. ir
t per share
Thursday
,
S per share
$ per share
Friday
Sept. 22
Sept. 21
Sept. 20
'
Sales for
Sept. 23
S per sharp
•'
S
the Week
share
per
Shares
F
37
Not
*
20
■
Apr
,54% Jun
34-, Jun
13
^ 33% Oct
19
Feb
28
V 28%
23%, Feb
15
v -
*19% Not
Not
12y..Aug
5
4;
Nov
11-
Feb
35% Feb
16
Dec
43
20%
90-
32
Feb
Jun
6
14% Jun
3% Jun
14
24% Feb
9
Jun
.
Jun
Dec
24%
Sep
Dec
26%
Jun
12
Sep
12% Jun
53%
99%
Feb
42
,
;
18-
Dec
43
105
53
11% July 13
17% Jan
3
21% Jun
31% Jan
7
Feb
Nov
42%
63% July 13
Dec
Dec
*104
Jun
7
12
Jan
Jan
Dec
105
82% Nov
Dec
Dec
*37%
Fidelity Phoenix Fire
14
;i
26
Feb
13
10 Va
Feb
26
53
12% May
11% Jan
17% Mar
24%
Jan
16% Jun
84
Aug
08
19
May 13
Aug 11
16 y* May 27
6
20% Jan
12
Sep
23
78% Feb
2
4% Jun
15
7% Apr
4
4% Jun
14
14% Jun
30
*35%
36
36
36
353/4
36
*35%
17%
17
17%
%
•16%
16 y2
16%
li
143/4
17
15
36%
v
36%
17%
17%
500
4%
4%
29%
29%
29%
30
104%
103%
104
12%
12%
123/4
2,800
15%
153/4
153/4
68
68
68%
1,000
2,700
46%
45%
28%
103%
103 y2
♦103%
104%
104
5
12%
12%
12%,
12%
12
12
123/a
15
15 y«
*14%
14%
15
15%
•15%
66%
67%
663A
67
66 Va
67 y2
67 V*
46%
403/4
45
46%
45%
45%
453/4
1061/2
25
14%
li
•>
:; 4y8
30 y4
com
■
'
3%
4
3%
33/4
33/4
4
29%
283/4
30
104
*104
4%
v
2,000
4,300
.
220
106
106%
106%
106%
66
66
*65%
66
65%
65%
65%
No par
Fllntkote Co (The) common—No par
11%
11%
113/4
113/4
*11%
11%
65%
11%
11%
H3/4
600
26%
27 y*
26%
27
26%
26%
273%
21 Va
27%
5,300
$4 preferred
Florence Stove Co
106
No par
No par
*
102
21
21
104
*102
*21
21%
27
*102
"
104
*21
102
180
900
102
60
21%
21%
21%
500
16%
16%
163/a
6,600
20%
21
153/4
16
153/4
15%
No par
♦14%
143/4
14%
14%
15
15
15
15
15
10
10%
10%
10
10%
10
10%
10%
10%
10%
10%
I_i
13%
133/4
13%
13%
13%
133/4
13%
133/4
13%
IS3/*
5,100
5,900
26%
263/4
27
6,100
84
Corp
Machinery & Chem Corp__io
3%% conv pfd
100
3%% preferred—.
100
Foster-Wheeler Corp common
10
6% prior preferred
•
27
26>/4,
86%
85
94
94
28%
27%
23%
*23 5/8
26
24
9y8
9%
9%
9
52%
16%
85
*82%
85
94%
*93%
94%
*93%
94%
40
293/4
29 y4
30 y8
29
29%
8,700
24
24
24%
243/8
24%
243/8
430
9
9
9
9%
9%
51%
51%
9%
15%
15%
163/4
17
16%
17
16%
17 y8
17
70
*68%
70
*68%
70
68%
69%
*143/4
143/4
14%
15%
15%
9%
600
9 3/a
52%
15%
15%
17 y4
•68%
350
1,900
52%'
9%
9%
52
l
common
preferred
9%
9»/4
•9ya
52
—100
Fruehauf Trailer Co
26%
700
27%
52%
52%
85
*94
9
9%
9%
52%
26%
26%
85
28%
233/4
—25
♦143/4
94
26%
516
16
85%
94
26 3/4
♦85 %
Francisco Sugar Co
No par
Franklin Stores Corp
1
Freeport Sulphur Co
10
Froedtert Grain & Malting Co iinc-i
4%
102
*11%
2,300
7%
Florida Power Corp
Florsheim Shoe class A
Steel
106
104
*102
Food
Jun
15
14%
H
♦106
8
9
14%
%
66
18
8
14%
15
1,100
2,400
4,100
3,800
2,600
y 300
106
26
x38
14 y8
ii
14%
39
65%
95
30 Va Sep 22
25V«Feo
3
12% Aug 17
14%
%
14%
17%
100N
90% Jan
17
14 %■■
143/4
500
23%
No par
2
11
14
14
15
35%
Ins N Y____lo
First National Stores
Firth (The) Carpet Co
29
19% Feb
14 »/4
u
<
46%
106%
29 y2 Jan
21% Jun
38%
37%
23%
*
23%
38
29%
Food Fair Stores Inc
Jan
23%
38 yy
5
4%% preferred
Follansbee
July 18
233/4
38
•13%
5
;_v
Firestone Tire ft Rubber
7
May
233/4
37%
f
2
37%
38%
14%
37%
23%
37%
1
7
89
*36%
37 %/
/
23%
37%
100
14y4Sep
78
37
373/4
23%
37%
1
preferred
15
Sep 22
*36 %
38
23%
,
No par
Felt ft Tarrant Mfg Co
24% Jun
68%
Dec
4%%
OTOCK
EXCHANGE
•CLOSED
l
Ferro Enamel Corp
2
Oct
47%
Feb
16% May 19
May
10
6
l
Federal Motor Truck
24
Dec
16% May
8% Aug
Feb
35%
Jan
__2o
Federated Dept Stores com
Sep
20% Apr
38% May
25% Jan
Mar
Aug 26
'•
No par
Family Finance Corp common
FAR Liquidating Corp
Fodders-Qulgan Corp
Federal Mining St Smelting Co
Federal-Mogul Corp
May 26
Jun
92%
.■
Fairbanks Morie & Co
Fajardo Sugar Co
Falataff Brewing Corp
8% Feb
9 Va
12% May
47% Jun
Dec
Sep 13
28
40%
10
68
103
21%
9%
3
7
Dec
22
Jan
Aug 18
Vi Mar 31
107% Mar 17
18% May 25
13% Jan
3
Dec
9% Mar
24%
70
50
6
May 16
98% Jan
May
12%
79
July
36% May
15% Jun
22%
27
6
Oct
14%
13
17% Jan
Jun
28%
Dec
14
Jun
59% July
20% Aug
26
21
69%
107%
49% Mar
96
10
53
103% Nov
v
Aug 17
6% Jan
30% Sep 14
104
Sep 21
20% Jan
5
95% Mar 23
19%
17%
-
7
>
15% Sep 14 ;
38 Vi Jan 20
17
31% May
V
Feb
7% Jan
9
;
3
3R% Aug 5
-•14% Aug 10
>
8
11 % Mar
Oct
20% May
12% May
Mar
5
16
7
vr;25% May
1
% Jun
11% Jun
-
41% Jan
f
.
1,900
15%
900
17
17%
4,500
68
68 V2
230
G
6%
6%
Dec
10% May
10% May
16%
Dec
20
Dec
12
9
Dec
Jan
6yaJun
7% Jan 10
17% Jan
0
9% Jan
10
Dec
34
Jun
15
41% Jan
12
12%
Feb
Aug
48% Aug
17% July
1
38%
13
Feb
25
17% Aug 18
16%
Nov
23%
15
Jun
15
19
Jun
Apr 26
10% Jun
~5% De~c
27%
16ya
45
Feb
99% Mar
42
105%
Dec
100%
8%
14
13% Aug 31
6% Feb
3
13
32% Feb
4
15% Jun
14
23% Jan
7
13V2Jan
3
103% Jan
May
26% May
18 % May
Dec
11%
13
3% Jun
21% Jun
25
9% May
Dec
Jun
53 Va May
Jan
106
Feb
42
Apr
11% July
159% Dec
9% Mar
Feb
99
May
July
14% May
146
9
Nov
72%
15
82
Jun
6
14-
10% Jan 24
163% Jan
19
11% Mar 31
13
10
79% Jan 20
14
31
Jan
7
28
20
Apr
1
139% Apr
2
Nov
44% July
Dec
24
Jan
17
Jun
Nov
144
Jan
129
Jun
17
31% Mar
43
May
34
Jun
28
34
Mar
41
Jun
39% Jan
3
Nov
96
7
Jan
40
Jan
6
45% Aug 19
(The)
8%
Gamble-Skogmo Inc
conv
Gar
Corp
Wood
23%
*23%
1.66%
19%
I93/4
18%
19 Va
General American Investors com—1
17%
17%
17
17%
*105%
106 y*
$4.50 preferred
General
Baking Co
common.
$8 preferred
1st
4%
No par
4
128% Jun
7
4
107% Jan 13
51% Jun
14
123% Jan
5
x97
Jan
6
17%
Jun
13
Feb
25
16%
Feb
26
Nov
22% Jun
17
12%
Nov'
.
64
Sep
127% Sep
103
Sep
13
2
18% Sep 23
29% Sep 14
.
Dec
11% July 19
2% Jun 28
I6V4 Mar
8
3% Jan
7
3
23
Gen
15% Jun
14
15% Sep
20% Jan
7
Gen
29
Sep
May
128%
4% Mar
Jan
120
Feb
May 19
4% Feb
10
20% Jun
6% May
30% Jun
22
Nov
31%
Jan
24
110%
Feb
132%
Oct
99% July 18
22%
Dec
21%
Dec
98%
Apr
29% May
30% May
102%
Mar 14
22% Jan
18 % Jun
23
99% Apr
15% Jun
Dec
3
13
4
123
Jan
6
6% Sep 14
24% Jan
7
28% Aug
8
122
Jan 27
26"% Sep 23
22% Apr
4
102% Jan
4
21% Jan
5
No par
Co
1
No par
Corp
5
Jun
90
May
67
July 19
77% Apr 11
4%%
72%
Jan
82% May
70
Jun
9
73
5% Jun
15
12% Feb
14
33% Jan
27%
Feb
39% May
24
87
Dec
96% Jun
79% Jun
1
17
Dec
25
12 J/4 Jun
14
75
Dec
85%
May
Jun
Jun
91
3
28*
Feb
17
17% Jun
May
55% July
76
21V4 Jun
Nov
72% July 11
17
28% Aug 18
21% Jan
7
6
53% Mar 25
9% Aug
8
116
Jan 12
48
July
Jan
31
*
Mar
Mar
Oct
5% Jan
3
Nov
x95% Jun
13
6%
122
Dec
24% May
64% Oct
47% Mar
94% Mar
38% Mar
96% Mar
14% Jun
103% Aug
105% Oct
50%
Dec
52% Jun
104
Jun
14
10
Jun
2%
Dec
6% Jan
1 %
5%
Feb
8%
5% Feb
15% Aug
,
Apr
Feb
35
Oct
Nov
31
May
89
Nov
9% Mar
Mar
29
99
Jun
0 14% Sep
July
40
10
May 12
19
16% Jan
Oct
18
18
>
4
16% Jun
14
20% Mar
23
16% Mar
5
3% Jan
7
8% Apr 23
26
Sep
23
28 Va Jan
7
93% Apr 26
100
11
Jun
32
Jan
14
6
15% May
60% May
11% Jun
13
33% Jun
13
16
Dec
23%
Jun
16% Jan
Feb
145%
Jun
133% July
132
Aug
9
45% Jan 26
25
Feb
Dec
19
Mar 24
-
105% Sep
5
36%
Xl2
Sep
64
24
98% Jun 20
Jun
23
19
14
Jun
34
Oct
23%
29
100
May 31
Sep 20
16% Apr
9
36
April
3
66
33% Mar 19
13%
Dec
17% May
11% Jun 22
39% Aug 26
14% Mar 29
10
Feb
13% May
10% Jan
4
12
Jun
93% Jan
4
90%
Dec
98
16%
Nov
25% July
5% Mar
Jun
3
15
24
4
99
July 11
9% Jun
13
14
Jan
12%
Nov
20% Jun
44
Feb
58% Jun
41
57%
Feb
81
Jun
56% Jun
13
14
Jan
18% July
16% Jan
3
page 2b.
Jun .14
20% Apr
6
7% July 13
50
v
Jan.. 8
71 % Jan
20
.
7
Anr
7
10
61%
17
16%
17%
28
28
•28%
143/8
143/s
14%
17
16%
17
*121
24
231/4
28
18
18%
1,700
17
16 3A
17
123
6
233/4
233/4
28
27%
1043/4
1043A
29%
15%
♦71
68
♦64
68
♦64
68
8
8
26
25
y
7%
8%
30%
85%
73/4
20%
20
20
52%
52%
52%
9 %
8%
85%
85%
100
15%
15%
16%
6,900
76
*74%
76
76
76
25
25%
20
19%
53
*52
52%
9%
8%
9%
100%
♦101
103
18%
18
19
62%
63%
61%
63%
61%
62%
101%
101%
101%
*101%
102%
39%
39%
38%
39 Va
38%
No par
l
105 %
105%
*105%
105%
105%
11%
11%
11%
11%
*11%
5
1%
7%
1%
1%
1%
1%
7%
No par
24%
25'/a
5
•21%
22%
100
24%
99%
24%
com
preferred
107
1%
7
6%
7
25%
9%
23%
24%.
*100
100
15
15
15
15%
35
*35
36%
63%
♦102%
103%
600
39 y4
39y8
39%
5,500
•105%
105%
11%
106
11%
11%
105%
11%
1%
1%
1 %
1%
7
;
,
13%
13%
13%
13%
38
39%
37%
38%
17%
17%
17%.
17
139
*65
69
♦137%
139
*65
69
39
39
2,200
99>/4
260
15%
15%
1,200
36
100
13%
14
3,300
39%
17%
17%
•137%
100
24%
14
39
39'/4
8,700
4,500
'♦35
36%
38%
*137
1,100
3,100
22%
99%
15 y4
15%
7»A
26
600.
1,000
10,300
24%
100
*35
13%
17%
25%
♦22
24%
24%
100
39%
69
7%
7
39%
137%
4,600
4,900
101%
63
•13%
17%
18%
63
101%
13%
137%
270
18 %
22
35
200
9,300
105
*101
25%
15%
3,500
91/4
9%
62%
25
24%
2,100
20%
52 y2
19
18%
22
100%
25%
20
91/4
103
•101
400
♦52
20
52%
22
*21%
*85
25%
19%
24%
24 Vb
21%-
•65
17%
138%
139
69
♦65
17%
139
60
69
*65
2,900
39%
39%
39%
12%
12%
•12%
12%
•12%
38%
12%
38%
12%
*i2y8
12%
400
10%
11
10%
10%
10%
10%
10%
10%
10%
10%
41,600
100
preferred—
39%
12%
3
_
•98%
100
16%
17
39%
Grumman Aircraft Corp—
1
Guantanamo Sugar common—.—1
$5 conv preferred—
.No par
Gulf Mobile ft Ohio RR comuNo par
$5 preferred
No par
TWiftie* Co..
11%.
36
15%
100
Gulf OH Corp
25'A
*52
39%
♦35
6,100
30%
15%
101%
No par
No par
No par
31%
— —
30%
17%
No par
30%
.v
5,400
•84%
100%
24%
.
15
25
25%
20
100
2,300
.73
♦85
75
25%
99%
18 J/4
73
14%
85 %
14%
1
18'A
18%
18
♦71
29%
30%
85%
15%
6%
103
*99
103
18
♦74%
30%
85%
15%
24%
1,500
1,600
73
73/s
7%
*21
203/8
20%
*04
18
130
26%
20%
68
100%
500
28%
18
IVa
10
233A
104aA
'263A
♦99
-
5,700
1,200
*28'A
20%
103
6
*104 J/4
28%
105
104 %
26%
713/a
19
233/4
24
*28%
<■'
20 3/a
*64
100%
6
5%
24
123 '
♦121
123
5%
263/8
*99
18
•
*121
20
IO3
:
3 J/4
263/4
*71
9
*3
26%
26% y
203/4
75
2,900
16%
74
76
14%
*3
16%
68
♦75
14'%
60,400
3,100
*64
30
800
3 J/4
*71%
8
28 Va
15%
*71"
7%
27%
14%
27 Va
17%
2,200
15
104%
*99
103
400
13%
14 SA
3%
5%
23%
21 Va
104
600
175/b
•
143/4
*121
6
23%
106
.
123
53/4
6i/a
*84%
com
40,900
102
16%
14%
17
10
62%
*101 J/2
14'A
*3
3%
143/s
121'/a
for
the Week
1273/8
14%
145/8
3
Sales
Shares
28%
*165/8
23
61%
102
60%
.
127%
1273/4
14%
•
Sept
$ per share
62 %
*127%
*1013/8
13%
400
107%
Friday
sept. 22
127%
31/4
*99
100
(H L) Co Inc
l
Greenfield Tap ft Die Corp__No par
Greyhound Corp (The) —
Gulf
613/8
Thursday
$ per share
102
Green
4%%
Feb
•
$ per share
No par
pfd
Common
Jan
July
•
1263/4
Green Bay ft Western RR
July 27
100
Sept. 21
15
5
Co common
3%% preferred
Grayson-Roblnson Stores
7%
250
127
127
*105%
PRICES
Wednesday
No par
City Steel
July 20
5
97
see
3
15% Jun
Jun
Feb
ioui-iotea
Jun
92
9
851
for
66
SALE
10
144 % Mar
Jan
Jun
HIGH
No par
No par
com
8
77
40%
105%
102
20 3A
Inc
Great Western Sugar
Apr
127%
105%
62 3/a
26%
2.50
18% Jan
Feb
•126%
5
3
60
127%
105%
127%
*105
No par
Gt Northern Iron Ore Prop
Gt Northern Ry 8% pfd
29%
1,500
1,800
14%
;>
No par
No par
14
Sep 22
43% Jan
7
10
71/4
51%
127
203/4
Union Co (The)
conv
*7%
*51%
IOP/4
26 3%
common
$5 preferred
$2.25
7 3/a
513/4
Sept. 20
60%
31/a
-
100
Goodyear Tire ft Rub com
$5 preferred
Gotham Hosiery
Graham-Paige Motors
Granby Consol M S & P
Grant (W T)
7%
513/8
14%
CLOSED
conv
Granite
7%
51%
28
(The) com..—No par
preferred
50
Goebel Brewing Co
1
Gold ft Stock Telegraph Co
100
Grand
300
100y4
7
51
$ per share
203/4
..100
(B F)
*100...
100
IVa
273/8
Glldden Co
Goodrich Co
100
•j
51%
'■
26 3/a
Gleaner Harvester Corp
Goodall-Sanford
100%
100
100 Va
AND
20
com
preferred
4%%
44%
5,500
Tuesday
No par
...
$5 conv preference
$4.60
22.SOO
101'A
28
preferred
Glmbel Brothers
37s/a
43% .44%
28%
105
Gillette Safety Razor com
5
373/8
44
28%
1
7
13
373/a
»">.
*126'A
6
7
Jan
•
373/s
43%
127 Va
62%
121%
preferred
100
Georgia-Pac Plywood & Lumb Co.l
17% Jan
20
1371/2
373/a
EXCHANGE
10c
8%%
Mar
*136
137
1,400
43%
165%
$6 pfd—No par
4%% preferred
;
Gen Tire ft Rubber Co
30
*136
2,100
183/4
18%
180
29
*28 3/a
183/8
4,800
43%
16%
100
General Telephone Corp
General Time Corp com
Dec
18 3/a
600
75/B
72
72
XJO%
17
No par
Dec
137
*136
16 3/a
.
General Refractories
18%
29
STOCK
No par
76
*28 3/a
18%
106
127 Va
102
10c
Railway Signal com
0% preferred
Gen Realty & Utilities—
General Shoe Corp
Gen Steel Castings
29
18 ]A
10%
7%
7%
29
127 %
62%
•126 »/4
Gen Public Service.
11 % Jan
Utilities
7%
3,100
158
10%
10%
102
10
No par
15%
Public
*154
158
*10%
2,900
10%
J7%
♦50%
$ per share
$ per share
No par
series
Gen Outdoor Advertising
General Portland Cement
Gen Precision Equip Corp
Jun
10%
72
106
Sept. 19.
Sept. 17
par
18% May
4% May
Feb
Dec
*154
*71
136
Va
*7
Monday
Saturday
Motors Corp com
$3.75
10 Va
18 Va
*98%
LOW
STOCK
$5 preferred
Preferred
73/8
423/4
106%
'
"
General
10
10%
300
1061/4
42
*103
106 3/a
29%
Va
44
i
158
*105y2
43
43
*103
71%
127%
*105
100
EXCHANGE
23
*105%
43
71%
106
127%
..100
18
J1
STOCKS
Jun
2,700
7
7%
136
,
51%
Nov
17%'
72
29
-
45
51%
Jun
15
443/4
No par
99%
14%
38
General Mills
66
17%
106 y4
17%
106 Va
10
10%
7
138
37%
13
125%
113
*135
52% Jan
$ per share
'17%
*153%
158
*71%
*
15
Oct
4
71
General Electric Co
General Foods Corp
100
153 y2
7%
7%
71
44% Jun
$ per share
17%
*105%
106%
.-~-
10
103/4
*10 3/a
IVa
93% Feb
12% Mar
19%
158
*152
100%
$ per share
50% Mar
48%
*
is ya
NEW YORK
1,500
17
10%
29%
Highest
195/8
10%
18 y8
Range Since Jan. 1
19%
10%
•98 %
Lowest
19%
10 VB
y, 7%
Highest
*193/8
10'/a
1
Year 1918
19
10 y8
*29%
preferred
;
8% % conv preferred
183/4
106 3/a
50
5%
231/4
42%
42
4
23%
*103%
No par
Apr
3,500
12%
y..
..4
245/B
.42%
No par
97
2,500
4%
123/a
4
1CJ
*23%
1003/8
com
123% Jan
123/4
12 3/a
3,400
24%
*103%
No par
common
2,000
423/4
General Cigar Co Inc com
7% preferred
...
700
173/4
1063/s
$3.50 preferred
General Instrument Corp
100 %
16%
*17
42%
5
2nd preferred
*15%
17%
*102y4
Corp. com—No par
preferred
100
conv
16%
17%
5
General Cable
4%
16 y*
par
No par
General Bronze Corp
*105%
IVa
351/4
5
Amer Transportation
$4.25 pfd series A
No
Range for Previous
24%
100
—
7%
♦34%
4
23%
General
IVa
35 JA
12%
4
4
4%
24%
6
Jun
$ per share
4
600
IVa
*34%
173/4
*12%
12%
12 %
4%
*23%
com_
preferred
Gaylord Container Corp
11
Jun
22%
123/a
12 y4
2
l
Inc
conv
7,500
16%
*17%
7
*34%
50
4%%
500
7
17
35
16%
173/e
Sep
128%
120
153/4
17%
13% Jan
108
18%
153/4
4
Feb
2%
16
173/4
16
14
Feb
10%
IVa
34%
93% Jan
118%
119
(The)—
Industries
7%
34%
♦17%
5
7
7ya
17
7
7l/a
No par
5
17
5
7
17
35%
x6% Jun
.
7
17
7%
No par
5
6%
*163/4
*343/4
Jun
Feb
Lowest
17
8
Co (The)
Gardner-Denver Co__.
4%
4%
6%
17%
6%
IVa
17 y4
50
com
preferred
Game well
Garrett
6%
*17%
5
5
5%
1
20
com
preferred
5%
*4%
1
Gair Co Inc (Robert)
13% Dec
53
Oct
Mar
40%
97
2
11
25
18
9
17
Jan
Jun
28 Va
87%
Jun
46% Aug
106
6
July 15
9% Feb 24
65% Apr
24% Jun
*125
107
15
153
July
Sep
9% Jun
17% Sep 22
Gabriel Co
25
r-nat
-
•
5%
•98
5%
101
11%
10%
47%
47%
£8%,
...
69%_
M8% ...18%
*99
16%:
'■
5%
*98
10%
*47%
♦99
100
5%
17
16%
16%
■
5%"
5%
*98
101
100
11%
11%
11
48 i
101
47%
r
xtfi 66%
68%,
66%
«-"ie%
18%
18%
38%
•99
5%
67%
19 y8
19
5%
11%
68 y»
68
19 y#
19.
:<3:
<
5%.
'i 2,500
12%
2,100
13,900
ia
48%
600
■68%
•48 y2
48'/*
•"
16%
101
*98
12
48
67%
16%
5%
101
11%
100
.*99
16%
16 y2
•98
47%
»
100
10,000
19%
5,400
v.wi'Ju-'
22
COMMERCIAL
THE
(1202)
Range Since Jan. 1
Year lfM+i
S per
f per
I per share
NEW
„
FINANCIAL
CHRONICLE
..
,
Par
$ per
£$*
Sept. 22
Sept. 21
$ per
for
Sales
the Week
Sept. 23
$ per share
I per share
$ per share
Friday
Thursday^
Wednesday
Sept. 20
$ per share
shyre
PRICES
SALE
Tuesday
>
Sept. 19
;-j Sept. 1:
■'
5 per shar,e
share
Monday
Saturday
Monday, September 26, 1949
HIGH
AND
LOW
STOCK
YORK
EXCHANGE
Highest
Lowest
Highest
share
-
STOCKS
Range for Previous
Lowest
&
Shares
share
H
SI
Feb
15%
Nov
22%
12%
Dec
Dec
*14% May
12%
79
35%
Mar
Oct
7
Jan
3
12
11% Jun 27
72% July 26
Jan
Jun
Feb
21%
Feb
27%
146 %
July
150%
107
4
Jun
*101%
104% Apr
18% Jun
20
142
Jan
20%
Dec
Dec
-8
May 12
Hackensack
Water
Halliburton
Oil
Hall
13
Jan
6
4
149
Feb
6%
6%
4
3
24% Jan
19
5% Jan
14
Hat
79
Jan
Jan
5
67% Mar 21
Jun
6% Jun
28
8% Mar 14
Jun
5% Jun
7
Feb
11%
26%
9% Jan
24 %
Jan
19% Feb
3
Aug
4
27% July
20% Jan
13
25 % Aug
&
Jan
91
Jun
84
Jan
17
94% Sep
8
29 %
Dec
42
Jan
30
Jan
3
Hazel-Atlas
9
78
3%%
Heinz
36% Aug 19
(H J)
3.65%
Co common
preferred
4
17% Aug 22
Hercules
41%
Dec
57%
Apr
40
49% Sep
14
120%
Dec
128%
Feb
16,
25%
Oct
30%
Apr
5% preferred
Hershey Chocolate com-.
$4 conv preference—.
104
Jun
1
122% Feb
15
131
1
36
14
130
Sep
12
Sep
Helme
Sep
Sep 23
Sep 20
21% Jan
14% Jun
14
21% Jan
7
Oct
86%
Jun
79% Jan
3
84% Sep
1
9
Dec
14%
Jan
16
30%
16% Jun
Hires
26
29
Feb
20
Oct
24 % Mar lO
29% NOV
42%
Feb
34% Jaj)
24% Nov
35%
Jun
x24
Apr 29
Dec
100
Jun
1
94% Sep
8
99
Dec
11
103
Dec
18%
Jun
29% Dec
46%
Jan
34%
Jan
28% Jan
94%
Jun
86% Jan
27
Nov
81
Oct
88
<
Mar
20%
■*49
3%
47
8%
Sep
84%
Jan
12%
Dec
t
10 %
Dec
••'•2
Dec.
.6
7
May
96
Sep
$2.25
Year 1948
,
15% Sep
46% Jan
8% Jan
8% Jun
29
11% Mar
t per share
8% Aug 31
11% Jan
1% May 23
10% Jun
6 *
•2% Jan
95
Jun
29
96
Jan
4
20
Jun
13
28% Jan
21
30.
26% Aug
25% Jan
4
33% Sep
16
May
19a/4
*193/4
28
*28
45
28
2p %
28%
28%
28%
105%
1053/4
Feb
20%
Nov
7%
i;
12%
25%
Nov
Jun
15%
Jan
38%
Dec
56
Jun
68 %
Nov
76% Jun
150
Feb
180
6%
13
Feb
f
Dec ;i
Dec
88
'*
1%
11%
Dec
30
14
J 65
Apr 25
41% Jan
18% Jan;
8
8
8
Jan
3
12% Apr 30'
11'
Jan
37%
96
96
463/4
46%
46 3 4
1,400
40
41
39
40%
39%
40%
40 %
40%
40
40%
16.400
*14%
25
Leased
lines
stock
86% Jan
1
9% Aug 23
15 3/4 Sep
14
93% Apr 20
4%%
*10%
11%
11
11%
11%
11%
39%
40
40%
40%
40 %
40 3 4
6,700
11%
11%
11%
12 '/a
12
12%
13,600
39 %
43
9%
30
73% Jan
17
3% Feb
26
25% Jun
14
135% July
7
13
143
5
103
139% July
64% Jun
July
94
4% Aug 23
Jan
<-100
—
series
A-;—1000
4%
Feb
8
583/4 Sep
22
Aug 25
7% Feb.': 8
Feb
9
61
Feb
17
Jan
5
14
8
45% Aug 19
573/4 Jan 13
34
Jan 27
29
24
Jun
14
32
Jan
21
136% Aug 12
148
Feb
2
May
May
Aug 10
% Sep 13
2% Jun
13
Jun
11% Jun
14
81
Jan
3
May
44
Jan
24
58% Sep
14
May
95% Jan
17
104 % Sep
16
30% Jun
'
Sep
42 %
<
Jun
113% Jun
40% Sep
21
6
14
29% Jun
30
111% Sep
44% Sep
Feb
35
Oct
99
Dec
106
May
102
Feb
Jan
158
Jun
155
May 23
Oct
21
Feb
30%
Not
-
8
24
Aug 31
6
20%
39%
5% Jan
18% Jan
92
Jun
101
145
20% Mar
33
33%
33%
34%
0,100
27%
28%
27%
28%
19,300
82
82%
83
83%
*94
54
27
97
*94
97
*94
97
*94
*23
24
24
24%
*24
24%
33
33%
33 '/a
33%
33%
33%
54%
54
54
*53%
33%
8.700
33%
54
310
54
:
■
*53%
54
•
300
8%
8%
8%
8'/a
8%
8%
8%
2,000
28 %
.
8%
27%
27%
27%
28%
28%
28%
28%
29'/«
7,600
7%
7%
45%
•
7%
45%
44%
.
66
■/•
67%
161 '
67
161
*159
,
7%
*7%
8
44 %
7%
44
,68
44%
45
67%
67
161 /
36%
36 3/4
35%. i 36%
35%
36
35%
35%
12%
12%
12%
12%
12%
12%
12%
:
12%
165
*7'A
*159
300
8
*45%
45%-
*66%
68%
165
*157%
1
500
I
97
24
8%
*7%
66
i
23%
9%
15%
*91
Jun
15
14
93%
Apr
73
Jun
28
43 %
Jun
31
Sep
8
105% Sep
160
21
9:
Apr 26
33% Jan
7
Jan
3
86
9%
9%
9%
15 %
15
15%
92
91
91
•
173
27%
178
172
173
28
6%
7
29%
*75
y
•
68":
t1,8C0
2,000
165
*159%
34%
13%
7,300
v
~
1,600
*75
4%
27%
137%
137%
*137%
56%
54%
56%
102%
Preferred
_?_..__100
International? Paper/Co com^-—15
$4
preferred——
56
No par
*102%
Int'l Rys of Cent Amer com—No par
5%
preferred
International
4%
100
Salt
International Shoe
International Silver
47
No par
No par
.•
*54
Dept
Intertype Corp
$6
Jacobs
(F L)
7%
7%
7,COO
30%
30%
4,300
78%
*75
29
138 %
138 %
*138
4%
56 '/a
55
*101%
*5
5%
47%
137%
58%
102%
5
48 %
56%
56%
28%
29%
139
102%
103
4%
4%
56%
48%
*55
57
101%
5
5%
50
50
58
*55
44%
44%
44%
45
44%
46%
47%
48%
49%
50
31%
32%
*31%
33
32%
32%
•
*31%
.44%
,
78%
*75
78%
46
.
■
4%
3,400
29%
20,200
130
138
58%
38,300
102 :'a
400
5%
700
50%
1,860
100
58l
44'/a
44 %
1.200
49%
.
50
1,300
*31%
32%
400
9%
8%
9%
8%
9%
9'/a
9%
9%
9'/a
53,900
9%
8%
8%
8%
9%
9%
9%
9%
9'/a
7,500
15%
14%
21 'A
x20%
28%
28%
27%
28
*141
15%
14%
15 %
15%
15%
15%
15%
5.900
143
20 %
20%
21%
21%
20%
21
1,500
28 %
27%
28
28%
28%
28%
28%
2,300
27%
:
20%
28
28
28
27
27%
143
*140
*27
143
*141
*139%
143
*27
28
*140
143
900
.
3%
3%
3%
3%
*12%
13%
*12%
13 %
*13
14
*13
14
13
13
91%
91%
*90
92
*90
91%
*91%
92
91%
91%
110
No par
*56%
*55%
57
56%
56%
57
400
com
—____100
104
preferred——.
Johnson
39%
100
108%
common...12%
43%
4% 2nd preferred series A—100
Joliet & Chicago RR stamped—100
Jones & Laughlin Steel com—No par
5%
7%
30%
45
.
300
6%
29%
4%
5
23,400
179%
*178
6%
23%
57%
1.900
27
26 '/a
27%
179%
1
preferred—L_.
Johnson &
4%
176
293/a
6%
4%
47% ,48
21%.
Johns Manville Corp com-i— No par
3%%
26%
178
No par
Jersey Cent Pwr & Lt 4%
3% %
173
27%
178
1,000
9,600
pfd._100
Jaeger Machine Co__
Jewel Tea Co Inc
177%
173
26%
47%
15%
>
1
Co
177%
140
11%
8%
50c
preferred
10%
28%
*54
900
■
9
No par
common
10%
31%
Corp—
5
Stores
No par
Island Creek Coal
10%
473%
Utilities
Interstate
4%
10%
138%
*1013/4
47%
57%
10%
44%
25
common
103
500
.
y
91
; 1%
27 %
5
9%"
15%.
90 %
1%
*75
5%
*
*15%
1%
29
28 3/8
'•'*9
92
1%
29%
4%
9%
15%
*91
1%
78 %
>
*9
*15%
preferred series A—i.
40% Mar 16
Joy
12% Jan
Kalamazoo Stove & Furniture
40%
39%
43
170
24%
82
82%
32%
*155
25'/a
32%
105%
,
24%
-
:<
56
104
*104
40%
..
110
43%
3%
3%
56%
104
104%
40
111%
*109
44
105%
y:
104
111
105'/a
1
56
104%
155
100
Manufacturing Co.
58
3%
44
*105 'A
105%
*155
24%
81%
82
31'%
32%
;>•
100
*103%
104%
60
40%
40%
40%
12,700
111%
110
110
500
44
170
V
1,600
40%
44%
105'%
104
4
*109%
40%,
110%
170
3%
3%
.
*105%
*155
43% :43%
105%*
44
105%
170 ;:
24%
25%
25
82
82%
*82
31%
*155
25%
31'%
31%
3,500
10
*105%
170
25%
82%
82%
83
31%
31%
-
—_
11.200
25%
32
670
t
3,700
K
11%
Dec
21
May
98
May
94% Jan
12
102
Dec
100% Feb
11
105% Aug 30
433/4 Apr 12
.
8% Jun 30
8
Kansas
*89
Nov
98%
Dec
23%
Feb
48 %
Oct
48% Mar
60%
Jun
101%
x34% Feb
52
Jan
24
3
Dec
20%
Feb
18%
Dec
18
May
26% July
22% July
For footnotov
...<>
rn>e°
58
Aug 22
Sep
7
3.80%
4%
4%
preferred
cum
Kansas
10
*10%
...100
...
preferred
1
City Southern
com
14% Jan
7
213/4 Jan
8
Kelsey Hayes Wheel
17% Jan
7
xl3% Jun
13
Class
10%
10%
10%
*10%
*100%
101%
*100'/a
101%
*100%
*1C4%
'
105 %
104
*104
105
■■■:■.
non-cum
1
16 % Aug 18
10%
101%
5
100
No par
17% Jun 23
10% Jun
10%
101%
10%
10%
*100'/a
101%
*104
105
10%
-
400
City Power ,& Lt Co—
preferred
100
Kansas Power & Light Co com_8.75
Kayser (Julius) & Co
5
14% July 25
18%
'
10
35%
*12%
1 '/a
178
6%
28%
78%
*
9%
15%
91
172
6%
'
„.
91
173
177%
30
*9
*15%
27%
178%
<■
26%
179 3/4
27%
International
23
3
99
33%
273/a
82
1
Corp
13
17
Jan
48
33%
*81%
"
100
Mining
15% Sep
"July 28
18% Feb
24
Jun
Jan
Oct
Shares
27%
33%
8%
7% preferred
25
International Telep & Teleg—No par
Foreign share ctfs
No par
23%
83%
preferred
4
92%
Feb '
33%
33
Int'l Nickel of Canada com__No par
11
Dec
Feb
4%
International
11% Apr
Dec
89%
for
the Week
Sept. n
$ per share
share
82
54
Int'l Hydro-Electric Sys class A—25
Minerals & Chemical com___5
11% Apr
18
39%
$ per
26%
33%
Int'l
13
10
$ per share
Sales
Friday
Thursday
Sept. 22
Sept. 21
82
97
CLOSED
...100
14
26% May
Dec
34%
24%
No par
——
7% Jun
145
PRICES
Wednesday
28%
*94
No par
common
7% Jun
79%
33%
Machine.
7% preferred
Jun
39% May
Jan
100%
Rubber
Jun
35 %
,
Nov
SALE
83
*24%
STOCK
EXCHANGE
1
16%
17% Mar
HIGH
t per share
'
82
20
16%
:
22% Mar
137%
7
71
41
30% Aug
5% Aug 19
31% Jan
6
38% Jul*
Mar
81% Mar 11
20
Jun
14
29
14'
50
65% July
35
Jan
46% Sep
Jun
45
Jun
41% Jun
14
May
107% Jan
Nov
Nov
Jun
5% May
Oct
5% Feb 24
24
34%
Mar
8%
Jun
93
Nov
6'/a
Jun
38%
Mar
900
3,300
10%
Interlake
Harvester
64
1%
15%
10%
7
Business
Jan
1%
14%
10%
13% Jan
Int'l
Dec,
AND
13/„
14%
10%
29
Int'l
Dec
2,200
1%
14%
Iron——.———No par
9% Jun
Aug 10
6%
9%
9%
1%
14%
Sept. SO
share
9 3/b
1%
14 %
Tuesday
$ per
9%
9%
1%
Monday
Sper share
9%
1,200
14%
14
1%
2P% Sep 14
180% Sep
8
7% Aug 16
30% Sep 13
52%
9%
1%
1%
Sept. 19
—No par
Intercontinental
180
65
9%
10
14
*1%
8
3
99
15%
10%
1 %
2% Jan
1
Feb
6.6C0
1%
8
5
Jan
6,300
8
No par
Jun
22% Jun
86
38
7%
11%
9%
Corp common
.j—5
preferred
—100
164% Jan
42% Mar
37%
8
40%
Saturday
In&uranshares Ctfs Inc.——
*145% Jan
135
*14%
37%
7%
11%
Interchemlcal
Jun
'
14%
37%
7%
11%
1%
Inspiration Consol Copper
Jun
Dec
14%
38 %
7%
10%
LOW
Inland Steel Co
174%
8% Mar
200
15%
37%
7%
38%
13%
Illinois Power Co common..._No par
4.70% preferred ——4——.50
x34%
24% Mar
430
11
Sept. J 7
4%
ctfs
i"
71
1,200
1
>
Feb
37%
12
1
Co
*36%
40
No oar
Par
37
11
—<—6.66%
STOCK
*36%
39%
..100
V
;
5% Nov
37%
7%
8
STOCKS
Feb
23%
300
32%
96
—.—
Oct
Dec
*31'%
36%
preferred
Foods Inc
Dec
156
32
46 3%
Hussman Refrigerator Co
26%
,
32
3,OCO
95%
Min & Sm Ltd—No par
125%
160
11%.
'
3% May
16% May
Feb /
May 31
11% Jun
23% May
103
-
11
155
47%
21% May
8% May
Feb 1
Jan
Jun
Nov
34% Mar
15 %
22
11%
46 3 4
453/4
10
Sep 13
11%
95%
Industrial Rayon
1
Ingersoll-Rand common—No par
6% preferred
;
100
8% Jan
11%
11%
46 %
28
68% Sep
97
95%
Indianapolis Power & Light—No par
Industria Electrica De lilex, S A—
47
60
96%
46%
39
RR
300
95%
32%
*32
■
1,100
107
106
105
95%
96
23
7
32
105
95
46%
29% Sep
3
32
30%
29%
36%
4
4
11%
29'%
*28%
1,400
*94%
12
Jun
11%
22,400
46%
Illinois Terminal RR po,—»u_5
Jun
11%
10%
1,700
44%
96
7
4
95
28%
43%
37
10% Jan
33% Mar
95
19%
27%
36%
54% Aug 31
55
106
*94
19%
28%
44%
46%
7% Sep
21% Jan
Jun
*105
20
43%
*94%
51% Jun 28'
>9 %
19%
32%
33%
97% May
37% July
;
19%
27%
Jan
1,600
44%
<>-.20
84
2,000
14%
23
Illinois Central RR Co coramop-100
6% non-cum conv pfd ser A—100
13
300
25%
19%
7
24
Jun
14%
a
*13%
28
7
22% Feb
14%
25 3
13%
45%
Idaho
73
14%
25%
13%
23
8
July
400
24%
14%
;
2,600
i:'
*14%
14%
Power
■
_
93/4
14%
No par
—(
' $ per share
9%
14%
13 %
44
11%
9%
14%
14%
20%
*32
5,100
86
24%
44
94%
400
16%
16%
*83%
13%
28%
105
80
15
*14%
16%
86
1,200
V
128 3%
24%
28
94%
*14%
10
36
34%
*127
*14 %
20
104
131
*129%
35%
129
1,900
—..100
Corp——
YORK
14%
131
100
300
47%
47
471/4
1,600
16
13%
,
38%
NEW
9%
43%
.-10
30
——
Corp
16
*83%
9%
41
14%
13%
15%
Hunt
..
14%
*14
37%
Hupp
14%
15
86
28%
*15%
24%
14%
24
14%
EXCHANGE
42% July
95
Sep
24% Jan
15
24%
*34%
*127
129
16
9%
14
24%
—50
non-cum
16
*83%
9%
9%
14
14
*14%
16%
86
*129%
35
35
128%
14%
*3/4
16
47%
47%
131
131
343/8
7%
<
90
27% Mar
62% Feb
46%
36%
'
35% Sep
30% Jan
A
*14%
com
16
130
*83%
9%
9%
14
Hudson Motor Car—*..12.50
7
Range Since Jan. 1
Higiiest
7
15%
28 %
41
41
*15%
132
34%'
130
13
—
28%
*40%
16
*15%
47%
*130
34%
129
127 %
•v.
28%
40%
15%
,
1
132
283/4
28%
*143:j
5,%
23
31% Jun
46%
34%
■
105
102'%
105
40%
1
5
Lowest
85% Jun
lo'A
47%
*103
41
28%
1
Stores
■
Apr,
16'/a
35%
28%
*40%
15%
213/4
*
*103
1C5
29
40%
S
5
Gil of Texas v t c
Hudson Bay
6
15% Sep
*103
28%
40%
No par
No par
Howe Sound Co
r
14% Jan
Sper share
105
*103
No par
preferred
■
80%
40
5
Howard
9*
20
26
$ per share
400
103
21%
21%
21
21%
Hudson & Manhattan common.'.lOO
7
,
36
10
Co
Houston
3
47% Jan
33% Jun * 7
'
35
preferred
conv
3%%
5'
Highest
36 Vs
17
Houston Light & Power.:
Range for Previous
lowest
*35
Household Finance com—.—No par
22
7
Apr
35%
A
Houdaille-Hershey
37% Sep 20
14
Jun
35%
21%
86
$4.25 preferred
48% May 41
41 '•
Sep 19
28
May
*35
Co.—
2nd pfd ser
$4.50
3
4% Jun
5
14%
10
35%
35%
17
99
12 % Jun
Feb
200
93
109 % Aug
31% Jun
9
24%
27%
Jun
19
12% Sep
6
•
20
22% Jun
24%
93
Hooker Electrochemical Co. com—_5
12% Mar 30
29% Feb
Nov
24
94
23
Jun
50
24
*93
30% Sep
34% Aug 10
42% Jun
14% May
.'
3,200
24%
94
12.50
Dec
8%
21%
*24
*93
16%
preferred—
Mining
conv
4,000
24%
Homestake
13
Jun
23
Sep
Feb
5%
3,100
.
94
16
45% Sep 20,
,11
9% Jun
30
Oct
38%
Dec
83
Feb
Jan
14
(•
3
21%
"
*24
22
*83%
(A) & Sons—
Holly Sugar Corp
;
28% Sep
Jun
6%
*"
*93
Hollander
21
22% Jan
30
Furnace
8%
6%
*14%
Paper
(Charles E)
Co
8
63/8
—5
Dauch
Holland
Aug 18
14% Sep 19
8%
6
94
r__
4
15
Jun
*8% Jun
8%
5%
1
A——100
eer
May
3
20
7%
5%
*130
Hlnde
25%
7%
6
24%
Hilton Hotels Corp—.—
29% May
16% May
8
5%
.100
No par
—No par
2
Dec-
Dec
—
Inc.—
preferred
&
70
67
*65
67
65
8
47
Heyden'Chemical Corp
3%%
*65
65
65
65
8
6%
No par
May
12% Dec
15%
900
66
21%
No par
July 12
21%
25
Motors
15
12% Jan
200
5%
*93
—25
10
,
;
preferred—
16
<■
V
common..
non-cum
Hewitt-Robins
26
28% May
78
W)
(G
7%
23
17% Nov
Jan
24%
5%
*24
100
-10
Hercules Powder common
Feb
*23'%
7%
5
13% Jan
9%
40
145
145
147%
15
preferred—.
22% May
8% May 20
145
2,300
*
100
25
Co
Dec
11% Jun
20
80
21'%
21
6
*63
—
Glass
Hecht Co common
13%
,
300
78
106%
'
5%
41
Xl3% Aug 25
*145
800
>
12%
78
24%
29% Aug 31
Jan
145
18,900
14%
106%
21
*5%
6
27%
21
*23%
4
Nov
21
2C0
21%
:
*11%
12%
78,
5%
14
17
20 3%
36
107%
233%
34% Jan
;
*77
*106%
107
5%
98% Jan
V
142%
*11%
12%
78
106%
x233/4
23% Jan
113% Jun
143
143
*11%
*77
78
5%
Oct
123% July
21 %
21
11%
*76
*106%* 107%
20%
20%
142%
23a4
Nov
Mar
11%
78
108
5%
May
;
12%
*12
*76
*106%
CLOSED
233/4
35%
; 114
*14
5%
24%
26% Mar
14%
36
21
14%
24%
Dec
..
21%
14
5%
NOV
103
36%
20%
13%
♦23%
84%
05% Jan
*35%
20%
13%
10
22%
i
36%
20%
133/4
common——!
100
1
2
Marx
Mfg Corp
Hayes
1
Oct
Mar
STOCK
EXCHANGE
—.a,.—100
Schaffner
Corp of America
% % preferred
Hayes Industries Inc
7
20%
*20
A)
35%
20%
*35%
20
14
'
11%
61
1M
preferred
Hart
20
Dec
6%
——100
preferred
conv
35%
21%
14
Cementing—5
Co $4.25 pfd_.No par
Harbison-Walk Refrac com—No par
23% Jan 13
Feb
69
4%
Hanna
4% Jan
Jun
Well
„:
5
Hamilton Watch Co com.——No par
Mar 29
81
107% Aug
(W F)
37
20%
*35
Printing Co
Sep
20% Jan
34% May
4%
v
29
16
21% Sep 19
14% May 19
36
4
16% Jun
Sep
89
Jan
31
16% May
B
conv
class A_1
1
41%
*55%
15%
*12
>•
104
41%
39'A
41
57
55
55%
15%
15%
15'/a
\ *
*104
101 %*
105 1 :•
50
10
40%
40%
41
41%
40%
41%
7,400
*55%
55%
55%
55%
56%
56%
800
15%
15%'
15%
'15%
21,300
12
12
16%
15%:
12%
12
12%
*12
20%
20 %
20'A
20%
20
20
15%
15%
15%
15%
15%
15%
12%
*
*12
12'A
800
*19%
20%
19%
19%
1.3C0
15%
15%
15%
15%
1,400
Volume
Number 4841
170
THE
COMMERCIAL
Range for Previous
Range Since Jan. 1
Lowest
Highest
$ per share
$ per share
Feb
60%
Oct
40
Jun
40 y«
Not
51
Apr
39
12%
Dec
19
Feb
Oct
92
IIVj
89
Dee
6
56% Jan .12
Kennecott Copper.
20
46% Jan » 7
Kern
25
13% Jan
7
Keystone Steel
May
17
% Jun
15
22% Sep
23
90
Jun
14
101% Sep
xl4% Sep
15
,10% Jun
Jan
62
Feb
45 Va Feb
40% No*
14
Mar 18
25% Jun
37% Oct
95% July
39% Jun
Nov
•
48% Feb
49
43
Oct
»
72
7
Sep
.98
7
Jan
26
42% Aug 17
3
59% Aug
x55% Aug
2
8
Feb
Dec
12
Apr
3 % Jun
10
Dec
24
Mar
*17% Jan
4
14% May
9% Jun
Jan
14
7
46% Sep
14
26% Jan
19
9% Mar
42
Oct
29% May
4% Jan
53% May
25% Aug
*5
Mar
47
43
't
37
Dec
26% May
Dec
99
10
Feb
Koppers Co Inc
6% Jun
3
33% Jun
13
13
Jun
3% Jun
July
3% Aug
1% Jun
5%
Jan
26% July
10% May
41%
Feb
56
May
,
15
42
5% Jan
4% Jun
12
May
8% Feb
21
26%
Jun
56%
Jun
20% Feb
'•i 44% Jan
Jan
82
Mar
157
Oct
33
Nov
8%
47
Nov
72% Apr
Dec
68%
23%
Dec
f 85
13%
Jan
Dec
Jun
10% Jan
7
10
Sep
43
12
Sep 23
Jun
14
;
13% Jun
14
•17
Jan
7
65% Jun
14,
78
Jan
14
16% Feb
5
14% Jan
3
22% Apr
18% Aug
8
69% Aug 31
6
23
20
Feb.
153
Jan
28
23% Jan
,
4
31% May 31
168
Stores
4
Savers
■1%
Corp—.
Corp_i.
prefeired
T.„„
/
7%
1%
17
*5
*5
5%
49%
Belt
Lion
Oil
Co
:
3 % %
Sep
7
30% Aug 29
41% Jail 11
14
25% Sep
95
Jan
14
99
15
Jun
13
21% Mar 30
preferred
Louisville
&
4 % %
9
$ per share
Sper share
$
per
5%
543%
V,'£ 77/s
86 ¥2
87%
87%
184 Va
41
*184
186
41
41
*41
41
7%
7%
7%
58'A
57%
58%
23%
24%
No par
1
lo %
153/4
74
17 ¥4
70 ¥4
200
18 ¥b
9,200
17%
17
693/4
16»/e
17
68%
66 ¥2
66%
68
21%
213/4
22%
: 22
10
23%
24
23%
24
23%
24%
24
243/8
*167
168 ¥2
& Sons Inc com—1
181/4
:
23%
100
*30 ¥8
33%
98%
24%
*98%
10
30%
32%
LOW
STOCK
33
233/8
23%
98%
*98 ¥«
993/4
AND
Par.
SALE
HIGH
Saturday
Monday
Tuesday
Sept. 17
Sept. 19
Sept. 29
t per share
$ per share
$ per share
EXCHANGE
share
18
17 ¥4
•
'/-,'
3,700
253/4
8,200
168 ¥2
10
30%
30%
30 ¥4
33¥i
33%
333/4
1,700
3,800
2,800
*167
243/4
24
233/4
24
98 Va
98%
*98%
18 ¥4
18%
*18
18%
2,800
69
23
24%
22%
*30¥a
33%
30%
32 Va
24%
17%
18%
¥2
11,800
68%
22%
'
167
167
168%
30%
30%
33%
241/4
100
Co„_
*166
168%
4,800
18%
17
*30%
33%
7,500
15 ¥2
16 3/4
21%
■166
24 ¥2
15%
70
66%
50
900
24 V4
,b
■
16%
100
4,900
18%
74
17%
par
500
•
77/a
58 ¥»
16 3/4
21%
j.
43
1,190
18%
68%
(Ky) No
700
2,800
184
58%
21%
.
8,800
883%
;/|v:<-7%:
77/a
■68%
17
2,500
18 Ve
*70 ¥4
'18
.
88
43
247/8
24%
17%
18%
24%
■•■> 15¥a
15%
*70 ¥4
74 -¥;■/
24
15%
15 V8
i
-•
3,800
353/4
182
58
-
4,100
8 Va
3
35%
41%
:
8
//¥
184
41%
7 ¥4
58
11%
543/4
"
■/•■/
■' 7%
58
■"
41%
7 ¥2
58
*701/4
74
18%
184
185
184
3,600
25 ¥2
54%
;
88
184%
5 ¥2
503/8
24¥«
24 ¥2
; 54
par
common
YORK
//'; 24%
500
17%
103/4
24%
53 ¥4
77/a :'*■ 8
1,100
49%
.
11
10%
10
53%
88
87%
STOCKS
Highest
5%
49%
x49
87%
87%
7%
series A__.
NEW
Range Since Jan. 1
Lowest
5%
493/4
A„No par
__i
(M)
Steel
Range for Previous
,
*5 ¥e
36%
58%
Nashville
pfd
Lukens
*17%
<-.24 ¥4
;No par
Corp_i—No
Gas & Elec Co
Lousville
Lowenstein
14
Sep
7 %
Co
17%
36%
*70%
Lumber ; (Md)
(P)
2,500
36%
No par
23
2
36
24%
Cement
500
1¥8
36
15%
Bell
4
l7/'e
36%
24
Star
4
4
l7/e
8%
36 ¥4
preferred_^»^...100
conv
'4
4
436
.g
7,200
3,100
40%
"5%
17%
10
60
7 ¥2
7%
17%
.
49 ¥2
9 ¥4
400
95
40
37/a
37/e
*3 ¥8
2
5%
9%
7 ¥2
100
19
19
*94 ¥2
40 ¥2
40
800
41¥e-
40%
19 ¥4
4
50
243/4
'
94 ¥2
7%
7%
400
48
*24 ¥4
;•
41 ¥s
18 ¥2
94 ¥2
>
4
7% ;VR/v'
15%
Inc
24.
*40Ve
*
*46 Va
48
24
8%
.No par
—
ll¥a
l7/8
B
Liquid Carbonic Corp com
200
1,100
11%
8
„No par
•—
Co
;
100
Long
20% Jun
Highest
V.
49%
40%
13,900
11%
*46 ¥2
40 ¥a
*163/4
7 ¥4
3¥4
217/a
*3¥a
17
17
7%
*3%
217%
*3¥a
1%
'2,000
54
3 ¥4
4
1%
1,700
213/4
4
4
3,100
•
11%
95
7 ¥4
90
41 ¥a
;.(58¥a
*3%
40%
40
7%
180
3,000
95 ¥2
■
54
v
900
3,500
213/4
.
'
19
*94 ¥2
40%
*31/4
17
*18 ¥2
7%
,7%
2
40 ¥2
18%
40
•
25
com
Lily Tulip Cup Corp
Lima-Hamilton Corp-
Link
.
J.
Lorillard
35% May
98 % July
$ per share
4%
*3%
1
Lone
24%
Year 1948
*3%
preferred—No par
2nd pfd
No par
20
Jan
Dec
Lowest
7%
40%
1
41%
96
18%
*94
•
.
24%
24
24%
*40 %
41%
25
1st
Loew's
Nov
*
48
10
Lockheed Aircraft Corp___
17
,
*46 ¥2
23%
No par
5
91
Jan
48
*46%
25
19%
5
25% Sep
Jun
11%
96
27
24% Sep
3
Nov
*11 ¥4
Liggett & Myers Tobacco
14
66% Jan
May
11%
89% Sep
186
15% Jun
50
21%
Life
19% Jan
25
21%
37% July 27
•
21%
158
21%
54%
30% July
Dec
3 ¥4
21%
24
Feb
Nov
*3¥a
53%
Feb
Nov
3%
*94
Lerner
7%
7'/a
3%
48
Issued
54 ¥2
7¥s
7
3%
24
Nov
37
54%
58
*94
1,700
1
29 ¥a
40 ¥e
58%
537/e
54'/a
>
40%
58 ¥s
54»/2
24%
29 ¥4
.94 ¥a
40¥a
58%
7
"*71V«
29%
72 >
29
411/4
*46%
per
94 ¥2
57%
*11
Z
14 ¥4
71 ¥4
29%
28%
41
11%
$
■„
'
58
11%
Lehn & Fink Products
i
41%
22
(The)
100
,'*14
71%
7%
*18%
Corp
14 ¥4
73Vi
14%
*70 Va
7'%
*40%
non-cum
150
14 ¥4
*13%
.
*3%
5
non-cum
99 ¥2
54
.I'v-iV
3
$3
99 ¥a
;
.95'/a
22
„
99 ¥2
100
*99
t;.
95
No par
50
com
99 ¥2
9%
13
Jun
4
when
22 ¥4
54%
18
23
55
1
com
22 ¥s
21%
•
*94
.95
No par
Valley RR—
22 ¥2
24%
xl8
138
55
100
Additional
22
9%
15
x60
57%
com
Lehigh
21%
54%
Jun
Sep
410
58 Vs
pfd__75 Pesos Mex
Lehigh Valley Coal
13 ¥2
29 %
-
41%
—
13 ¥a
24%
20% May
68% Jun
57%
28%
29 Vs
57%
—No par
& Sons Co
13¥s
14%
41
No par
$ Tire
(James)
13
5
33
j
Rubber
16.900
44 ¥2
13
*12%
;
70%'*.'
70%
96%
Co
46 ¥8
43%
No par
52% Jun 17
Jun
24%
14%
29%
-
*95
Co
457/a
43 ¥2
'
71
71
*—10
(The)
46 Vb
43
100%
-
*13%
14%
45%
43%
Libbey Owens Ford Glass—No par
Libby McNeill & Wbby^^.7
23
x6% Jun
Jan
""*13%.
a
46/
43
22%
.21%
100
share
45%
55% Sep 13
8% Mar 30
25% Sep
13
19
15%
•11% May 16
14
;
CLOSED
3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
Lees
50c
Sep
Feb
Jun
Lee
Lehman
14
14
8
170
May
13%
70% May
101%
the Week
Shares
13
13
iq
Light
6%
Co
Lane-Wells
14
4
34% Jun
:Jan
91
174% Mar
55% Mar
6% Jun
*100'/a
for
Sales
Friday
Sept. 28
Sept. 2'i
$ per share
share
43%
•42%
—100
Bryant .common
4%% preferred
12
51
25
Dec
Apr
22%
EXCHANGE
l
Lane
8% Jan
15
Feb
38%
7
Jan
Gas
Consolid
Lambert
12
15
Dec
10%
22%
No par
common
(S H) & Cq_W„;
Kroger Co (The)™,
24% Jan
13
8%
Nov
12%
STOCK
100
Kress
% Aug 23
3
x41% Jun
10
1
4
Jun
6
Sep
4
16 V*
8
Mar 21
May 24
11% Jan
3
43 Va
31% Mar
21
22% Jan
98
4%
19% Mar
43
4
8%
Jan
*12%
No par
preferred _•
Kresge (S S) Co
Laclede
20
1%
com
4%
La
Jan
% May 6
11% Sep 14
29
4% Mar
43%
No par
(G R) Co common
$5 prior preferred
6
22
Jan
,
39
Co
2nd preferred
conv
7% Aug 17
•
16% Jun
•
Jun
13% May
Dec
30% Mar
5
90% Jan
May
21%
90
& Wire
$ per
45%
45
46%
43%
Thursday
,
Sept. 31
$ per share
45%
5
Wednesday
Sept. 20
$ per share
PRICES
SALE
Tuesday
Sept. 19
$ per share
No par
Land Co
Kinney
15
19% Jun
6% May
Par
(1203)
HIGH
AND
Monday
Sept. 17
•
14
Jan
4%
-
4%
22
31% Jan
20
90% Aug 11
x35% Feb 16
58% July
'
County
Kimberly-Clark Corp
4%
17
Saturday
'
V
Jun
75
CHRONICLE
LOW
STOCK
$ per share
11% Feb
Oct
24
Mar
32
YORK
EXCHANGE
104% July
14% Jun
\
Feb
63
29 y«
NEW
Highest
$ per share
42 %
16%
FINANCIAL
STOCKS
Year 1948
Lowest
&
50
99
f
600
18 ¥4
PRICES
Sept. i'i
for
the Week
Sept. 23
$ per share
$ per share
Sales
Friday
Thursday
Wednesday
Sept. 21
¥
Shares
$ per share
M
—•
-.|
9 ¥2 Jun
'
x35 ¥4
Dec
40
Jan
129
Oct
142
Feb
133/a
Dec
277/8
30
JanlO
9 ¥2 Jun
14
153/, Jan
27% Jun
22
333/g Jan
95% Jan
6
8 ¥2 July 27
100 ¥2 Apr
Dec
10
Nov.
x163/8
Feb
24% May
9 ¥4
Feb
21
Dec
5
Dec
525
Apr
430
7
103 ¥2
Dec
Jun
15%
Apr
Nov
153/4
103/4
^
\
Sep
133/a
.
Jun
6 %
Forbes
Trucks
Mack
23
20
Jan
10
Jun
24
193/4 Jan
3
Jun
13
24
9 ¥4 Aug 30
Mar 25
8% Aug 25
Mandel
500
Jan
26
Jan
.15 ¥4 Jun
14
18
Jun
6 ¥4 Feb
10
10% Apr
25'/4 May
17% Jun
13
x22% Aug
6% Jan
13
Bros
Shirt
Manhattan
7
Maracaibo
8
Oil
Marathon
29
Corp
Marine-Midland
17 ¥4 Jan
20
Market, St Ry 6%
29 ¥b May
19% Apr 29
95% Jan
5
/ 7% Jun 14
103 ¥2 Feb
Apr
12
11
13¥e Jan
7
1
Dec
Dec
103%
Jun
9%
Nov
22¥b
Apr
11¥b
Dec
19 ¥4
Jan
47%
Feb
69¥i July
39% Jun
13
57% Jan
7
Martin-Parry Corp
MasOnite Corfc
18
Dec
27% May
11% Jun
13
19 ¥2 Jan
7
Master
27%
Feb
45
Nov
176
X165
35 ¥4 Mar
10% Feb
Oct
34 ¥8
Sep
170
Feb
15
179
Jun
1
46
84
Feb
93
77%
Aug
85
8%
Dec
4
97
Jun
89
Jan'11
97
Aug
Jan
80;; Feb
23
86 ¥a Sep
7% Jun
27
10
43¥s
Jan
30
Jan
112
110
May 25
Jan
5
9
23
21
Dec
25
41%
Feb
36% May
30% Mar 23
347/« Sep
13
Jans
Nov
23 ¥4 Mar ;
Dec
101%
Jun
90
Jan
4
99 %
Sep
20
Jan
29 Vb Jun
14
40
Sep
21
Feb 24
34
Apr
21
"31
May
24
521% May
41% Jan
29'/a
Dec
4
Jan
35% May
Jun
30% Jan
87
98%
92% May
3
18¥b
Feb-.
24%
Jun
19% Feb
Jan
15%
Dec
24%
15
Dec
23% May
Jun
Xl3
3
11
16
3
8¥b
Nov
197/b May
t
7¥e Jun
14
13% Jari
34% Jun
30
49
18%
127/b Jun
14
Jun
50% May
=
7% Mar 21
27
85¥b
Nov
24 ¥b Aug 16
62 % May
Dec
Dec
Jan
95%
Jdn
vC Apr 28
35 ¥b
Dec
27% Jun
44 ¥4
Jun
Nov
92
101 ¥4
104 ¥4 May
Nov
106 ¥4
Dec
Jan
15 ¥4
8% Jan 20
3
18
Jan
July 27
8
9
8%
7¥b
8
"
13 ¥b
12%
13
24
13
Feb
19 ¥e May
8% Jun
14
14 ¥1 Jan
8
Feb
69 ¥4 May
37¥a Jun
14
47% Jan
7 ?
Dec
140
Jun
17 ¥2
11
Nov
16
May
9% Mar
14
July
42%
Nov
56%
87
Nov
98
54% Mar
98%
Oct
Apr
May
124'/2 July 14
10% Aug
2
7% Jun 15
43 ¥2 Feb
87
Mar
Sep
13
49
13%
41 ¥2
127/B
13%
12%
13
41%
40
*
44 ¥2
96 ¥2
96 ¥2
96 ¥2
*96
97
87%
*85 ¥2
87 ¥2
¥4
9 ¥2
*9¥s
9
33 ¥4
*
Jail
4
loomo!**
see
page
16'
107% Sep
14% Jan
15
25
1
10 ¥s. Jun
13
15
80
Feb
16
19
¥2 Julv 11
28.
*37
*111
*37
38%
"111
113
34
99 ¥»
100
21%
21%
*21 ¥2
33'%
34
33 ¥2
99 ¥e
*38%
39 ¥2
30 ¥4
*30
30%
57 ¥2
56
38%
39%
*30
•
..
45
100
50
97
86 ¥a
40
9 ¥1
9%
600
'100
38 ¥2
*37
38%
3,400
97
86
*111
113
3,900
10
45 ¥4
*95 ¥2
9%
-
177
I *96 ¥4
96%
900
1,700
113
;
10
No par
13 Vs
12%
pfd tlst series) —...100
4 %
2nd pfd (1st series) ......BO
Melville Shoe Corp
1
89%
90 ¥2
89%
13
89%
31
31
23%
23 ¥4
Corp common
4% %
Mengel
5%
Co
Merch
9
*39
common
Stores
Min
&
1
preferred—.,.—50
(The)
1st
conv
Mercantile
Transp
Merck & Co Inc
Inc
Co
14%
3%
8
Co.—No par
—500
33%
preferred .i.
—No par
2nd preferred——No par
*94 ¥a
common
conv
*111-34
Machine
21
& Scott—No par
Co_i..——.....—8
36 7s
30 ¥2
■■'•.
11%
Middle South
Midland
8%
Utilities
Steel
Prod
No par
Inc
com
17
new—5
23
23
128
128
1st
St
P
SS
&
Minn-Honeywell
3.20%
Minn
$4
No par
Marie
Regul
com
3
pfd series A
100
Mfg common—No par
conv
Min
&
1034
9%
9 ¥4
*39
•
14%
..
9¥e
56
57
94 %
112%
20%
19 ¥2
193%
1934
197/8
•
11 ¥4
44
10%
87%
87 ¥2
35%
1034
934
334
11 ¥8
16%
21%
*127
*10%
55 ¥4
•94 ¥2
84
56%
96
88
9
2,500
17 Vs
22%
129
11 ¥4
9
35%
35 ¥2
*101 ¥4
102 ¥4
*107
109
1134
'■'•;*
35 ¥2
109
12
12
12 3%
44
443/8
43%
44 ¥e
17
225%
17 ¥4
227/s
*127
129
4/ 11
11
9
9%
17
22%
127
*10 3/4
93%
55 ¥4
1,200
r
220
10
17 ¥4
22%
2,400
•'•
3,800
18,100
1.500
127
50
11
1,100
9 ¥2
1,800
2,900
56
55%
55 ¥4
55%
95»%
94 ¥2
95
94%
94 ¥2
130
86
85%
857/a
85
85%
2,700
84 ¥2
107
123%
11%
12
70 ¥2
70 %
*71
18
18 ¥»—
48%
19%
100
120
20
101 ¥4
*107
2,200
55 ¥4
71
12'%
71
V
*94%
108
Minneapolls-Moline Co common
1
$5.50 1st preferred
100
$1.50 2nd conv preferred
25
20
35%
••■•'
113%
43%
%■
1013%
353%
43
*106%
108
*106
*18 ¥2
.
'
34 ¥4
94%
17 Vs
16%
21% .23 ¥4
127
V/.- 127
•V
•
112%
101%
■>•'
Vs
*93 ¥2
*111%
108
;
600
95%
1013%
95 ¥2
34
60
3,800
8
■/'•: 8
34%
1,700
?.?■•
111 ¥4
*93
'■
9¥a
39
145%
Ul3%
95%
108
43
8
39
14 ¥4
1
14%
2,000
9%
9
9%
41
200
23 ¥2
23 ¥2
233/4
112%
*93
363%
•V"/
8
34 ¥e
34 ¥4
110
11
—No par
preferred
233/4
3,900
170
33
102 ¥2
11%
.
12% ;>
*30 ¥2
35 Va
11%
44%
173%
14 ¥»
12%
*111%
*103
110
400
14 ¥a
13%
33
-*1013%
37
43%
94 Vs
800
14%
*30 ¥2
23¥4
8
19-3/4
101%:'
13%
21%
21%
,
700
99
*963%
33
8
112 ¥4
21
*14
15
94 Va
97
3,500
21%
.
90
39
34
7,700
383%
38
37%
*89
39
7%
58 ¥4
57
58
99
90
15
34
500
*89
15
33 5%
112 ¥»
,-—10
9
31 ¥2
21%
13%
41
77/a
8
....—8
101-34
*108
23
50
31
100
90
14 ¥4
34 ¥4
Miami
Copper
Mftl-Continent Petroleum
.1100
8%
*30 V2
1,300
30%
37%
21%
*39%
14 ¥4
pfd_10O
23%
87%
9¥a
41
Metropolitan Edison- 3.90%
4.35%
preferred series
30 ¥2
23 ¥a
V
•;
99
393%
*96%
99
14%
12%
*89
34 ¥2
99
393%
57 Va
573%
*14
•
*34
*30
••37%
21 ¥2
34
900
223%
*21%
40%
*99
30%
*963%
14%
¥2
33 %
223%
*39%
•
37%
38 ¥4
99
♦96
33%
40
57 ¥4
58
57%
'/■■ 37
38 Va
99
21%
21%
100
*99
99 VB
39%
14¥e
19
16¥4 Jun
Kor
18
37%
30%
—10
Co
Minn
67% Jun
10¥b Mar
87
*9
%|
45 ¥4
97
*85%
9%
9¥8
112 ¥2
37 ¥2
*111
14 ¥4
Mfg
12
Sep
104
*85 ¥2
¥4
39%
21
Jan
Aug 30
Jun
9
87
97
96 ¥2
*85 ¥2
r 177
96%
'
1,600
,
40%
*95 ¥2
*96
97
*96
40
45
3,2O6'
/■
13%
44%
200
1,900
-
48 ¥a
*13
97
V
8
13%
48 ¥2
178
>177
<178 ;-v
44
44%
"
.
41
,40%
40%
;
*177
178
*176%
44 ¥2
178
44%
*96
12
Sep
13%
49
No par
preferred
——100
Minneap & St Louis Ry__i-.—No par
89
13 ¥»
48%
40
7%
13%
i
102
*13
49%
49 ¥4
13%
1
25
57
10
*48 ¥4
¥2
49
.—100
12¥a Jan
98
¥< Jun
% July
2
3
7
66
105%
¥8 Sep
10
May
78
24
139 ¥2 Mar
*13%
2,100
7,800
fh:<
23 ¥4
23 %
8
8
13%
49
'
128
i
8
13 ¥a
v.:
r.
17 -■'
*100'/2
102
6,200
<
8
7¥4
*16 ¥4
23 ¥s
'100 ¥2
8%
22
21%
v
::/
77/8
200
16 ¥4
"*■
»
17
23 %
23%
102
7%
*
/
13 ¥s
Norris
Mesta
Mar 14
38%
6
Vb
1
1
Co
26
110 ¥4 Feb
14
—1.1
38 ¥2 Jan
102
18 ft Jun
8
13
Merritt-Chapman
3
*100%
102
*100%
7 ¥4
*16%
17
23 ¥a
23 ¥2
23 ¥4
102
¥2
& Robbing Inc com_.— 18
20
3
23 Va
23 ¥2
*14 ¥8
Aug
20
14% Jun
*16%
217/8
23 ¥2 Jan
97 ¥2 Jan
21 ¥4
.
77/8
7 ¥4
*16¥4
21 %
$4
30 Vs Jun
7%
16 ¥4
21 ¥2
$3.50
106% Jan
21 ¥4
217/B
7%
16 ¥4
21 ¥2
Aug 19
97
113
90
8
22
July 25
34¥8 Aug
105% May 25
Feb
17
Jan
/ *16'/a
x8¥e
21%
21 ¥2
21
k
21 ¥4
McLellan-Stores
12
20% Jan
8 ¥4
21%
No par
22 ¥4 Mar 30
34
25
16 ¥4
8%
21 ¥2
38 ¥2
Corp com
preferred
preferred
15
46 ¥2 May
11%
$4
19
Dec
16%
83%
8 VB
112%
:
conv
McKesson
90 ¥a Sep
Dec
16%
16 ¥2
112%
Stores
3%%
12% July 14
20%
121/2
Sep 23
Sep 23
July 20
McCrory
Mead
31%
400
83%
*100
McGraw Electric Co...,—,,—
1
McGraw-Hill
Publishing.,
No par
Mclntvre
Porcupine Mines
8
McQuay
70% May 25
28¥4 Jun 13
1,700
163/4
*37 ¥2
Corp '
17% Mar 11
96%
Jun
58 ¥4
38 ¥4
100
McCall
17 ¥« Jan
Jun
80% Mar
47
10
42 ¥4
88
29
41
25
Jan
7 ¥4
8 ¥s
73%
77/«
20
•
7%
8¥a
*16 ¥4
17
490
7%
8%
7%
♦457 ¥2
490
11,300
'
19% Mar 22
Jan
^800
'
9 ¥4
9
9%
8 ¥4
16%
preference..—No par
cum
1,660
9
12 ¥2
12%
7 ¥4
8%
Co
1st
99 ¥4
-
-*8%
k
*7%
7%
8%
*16 ¥4
common——No par
preferred
No par
1,500
*98
12%
*457 ¥2
475
7¥b
*7%
*176¥«
$3
.
7%
8%
No par
Corp
475
-
7 Vb
41 ¥e
$6
12
Z
Chemical
475
475
8%
Electric Co.?..—1
Maytag
Aug 25
Sep
—
7,200
99%
8¥a
9
83%
No par
—No par
,
8%
9
8¥a
*8 ¥4
-
1
Co
8 3%
7 ¥4'
—
38¥4 Aug 24
113
L)
'
480
7 ¥4
7 % preferred
;
>....^100
May Dept Stores common..
1
8
$3.75 preferred
No par
$3.75 cum pfd 1947 series—No par
$3.40 cum pfd__.
—No par
Aug 25
12% May
Dec
Jan
(Glenn
Mathieson
Aug 12
89
1100
*98
*12%
.
8%
12 zi-
12.
12%
8 Va
83/4 J.
¥2
*475
No par
*.
12 ¥t
50
11%
•31 ¥4
32
100
8%
300
-
31 ¥a
11%
32%
31%
*98
99 ¥4
11%
31%
200
;
36
136 ¥2
'
~
8
1
com
12%-
" '
prior pfd—100
& Co
preferred
Martin
Aug 16
38
Jun
Apr
4¥4 %
13
Jan
93
33
42 ¥4
Apr
47¥4
84'% Mar
110
July 12
12
Marshall Field
8
14
32 ¥4
*8% •Z:.9
9
12%
—5
Corp
92 ¥a
24% Aug
*8%
■
'
13
16% Mar 18
May
17%
•:?■
—
8¥a Sep
Sep
8
Feb*
31 ¥2
•98
99 ¥2
'
*35
*133 ¥3
11 %
135
11%
11 ¥8
11 ¥2
12%
*12%
12%
35 ¥2
35%
135
135
■
—
Exploration
15
:
No par
0
_——
11
12%
12%
34%
34%
*132 ¥2
134
133%
32 ¥4
*98
353%
*343/4
11% ^
32%
-
CLOSED
*12 ¥4
12
,
134
11%
Magma
12
Mar
EXCHANGE
,,
12
123/4
35 ¥2
35%
134'
STOCK
Copper ...10
Magna vox
Co
(The)
—j
1
Mahoning Coal RR Co——60
Manatl Sugar Co.———
1
6% Feb
7
•
5
Macy (R H) - Co Inc com
No par
4¥4% pfd series A
—100
Square Garden.—No par
6
6
*12 ¥8
10
Inc
22%
.
•
:
com
—*
Madison
14%
Dec
Working Co
St
preferred
22
Dec
187/b Mar
& M Wood
6%
Jan
10% Jun
.
10
M
MacAndrews
13
Feb.
5%
9
%i
Apr 26
Jun
94 ¥s
67/a
36 ¥2 Jan
138
39% May
30 ¥2 Mar
490
14% Mar
6
31 ¥2 Apr
131
11%
107
107
107
*106%
113%
40
108
11%
12
11%
12
73 '■
72
72
*71
72
18 ¥2
18 ¥2
*18 ¥2
19 ¥4
...
7,100
28Q
500
COMMERCIAL
THE
(1204)
Range for Previous
42%
73%
Jun
38% Jun
9% July
Feb
13%
Feb
3 % Jun
34
54% Jan
14
10
Feb
Dec
25
35
9
29% July
61% May
Deo
44
45% not
99% Dec
105% liar
9%
10%
20
24% May 16
Monarch
4
56
Aug 17
Monsanto
14
112
Aug 16
$3.21)
103% Jun
16
11}.% Jan
13
4
,13% Sep
2
Oct
10
Jan
May
17% May
Not
8
4
10% Jan
13% Apr
3
-
27
Jan
16% Jun 29
23
11% Jan
21%
Deo
14
20%
Jan
29% May
19
$4
20% Sep
14
16% Jun
6
25% Jan
7
15% Jun
14
8%
9%
9%
4
3%
3%
3%
100
pfd.100
A
con
20
1.20
Morrell
17%
18%
18%
19%
19%
19%
19,900
4%
4%
4%
4%
4%
4%
4%
5,300
CLOSED
29%
28%
28%
28 %
28%
1,000
28
10%
23
5
53
•106
109%
♦109%
111
"
11%
22%
52%
►105%
109%
110%
110%
12%
0
12%
12%
12%
52%
53%
52%
'*10%
23
23
*23
23%
300
53
52%
53
52
52%
3,100
11%
110%
109%
*105%
110 %
*110%
111%
*110%
111%
12 %
12%
12%
12%
12%
3,100
52
51 %
52
50%
51%
16,400
11%
18%
11%
3,400
0
11%
11%
11
11%
11%
No par
*17%
18%
17%
17%
*17%
*17%
18%
18%
18%
300
19%
20%
19%
19%
19%
20
20%
20%
20%
20%
7,300
No par
0
22%
22%
20%
22
21
21%
21%
21%
22
22
1,300
*18%
19
18
Lines
Co
&
Inc
Motor Products
Corp
11%
11%
23
May
19% Mar 80
Motor
19%
18%
18%
24
Jun
11% Jun
1
17% Jan
8
Mueller
Brass
Co
.1
14%
14%
14%
14%
*14%
14%
15
15"
16%
Oct
x9% Jun
13
14% Jan
7
Mulllns
Mfg Corp
1
10%
10%
10%
10%
10%
10%
10%
9% Sep
21
Jan
7
Munslngwear
38 % Feb
17
47% Sep
23
14%
Oct
May
Jun
109
12%
Sep
17
Jan
10
34
Deo
48
Jun
30% Mar 22
60
Deo
May 17
Jun
66%
Jan
41
21%
Jun
10% Jun
—0
Inc
Murphy Co. (G C)
4%% preferred
112% Mar 17
13% Jan
Corp
6
1
14
22
Jun
13
28
Jan
21
Nashville Chatt & St Louis
17% Jun
14
23% Apr
11
National
10% May
Feb
5
Jan
3
9% Apr
13% Sep
4
Feb
9% Jun
13
10% Jun
13
Jun
14
41
30% Jan
3
32%
Oct
Oct
175% Jun
Not
9% May
48
Jun
Dec
4% Jun
7% Mar 29
National
13
National
Container
13
12
National
Cylinder Gas Co
27% Feb
10
34% Aug 12
National
Dairy
13% Feb
14
17% Aug 18
National
Department Stores
13
21
National
Distillers
Jun
12%
Dec
15
Sep
20%
5
22% May
14 % Deo
May
17% Jun
Jan
Not
Deo
9% Not
Not
12% Not
Jan
5% Mar 10
14
Jun
x% Jun
15
15
7%
Aug 19
12
6%
Sep
H Jan
15
Jan
182%
146
147
17
&
Power
National
29
Jan
13
Natl
Nelsner
103% Aug
Mar 28
93% Jan
37
102
3
Nehi
Lowest
Sep
19
Jan
8 % Jan
Aug
July
26% May
94
64
42
90%
65
9% Feb
Jun
10% Sep
3
13% Jan
25
121
Feb
144
56
*182
183
148
147%
147%
147%
*146%
6%
6%
6%
6%
6%
6%
16%
16%
16%
Itj"^
16%
16%
16%
90
600
17
2.400
■ft
%
22%
%
YV
23
*22%
*22%
23%
23%
23%
81
82
80%
81
80%
80%
*80%
24%
24%
24%
24
24
24%
24%
24%
%
*24
16%
17%
83%
83%
*30%
30%
30
Co.—.—1
16%
%
%
22%
83 %
120
30 %
303/4
30%
30%
*30%
1,500
10%
10%
10%
10%
10%
600
17%
17%
*83
17%
17
83%
*83
11%
11%
11%
10%
10%
103/8
13%
13%
13 %
*13%
133/s
*13%
*102%
*102%
104%
*102%
104%
*102%
131/2
104%
commonJNo par
35%
35%
35%
35%
36%
36%
36%
104%.
f\
35%
;
102
♦101
LOW
Saturday
Monday
Sept. 17
England Elec System
:
1
Jersey Pr& Lt Co 4% pfd—100
Mining Corp
1(L
'Newport Industries common
1
4%% preferred
100
Newport News Ship & Dry Dock—1
11
HIGH
SALE
9%
10%
102
*101
11
11%
10%
11%
15,000
10%
10%
1,800
13%
13%
*102%
104%
37
102
102
*101%
1,400
20
Thursday
Sept. 21
Friday
Sept. 22
'$ per share
Sales
$ per share
10
10
96
96
*95
97
*95
54%
55
55
55
55;;
55
55
..:
11%
12
10%
11%
11%
11%
12
12%
12%;
12%
67%
STOCK
EXCHANGE
67%
Shares
55%
97
53
*95
9%
9%
97
•
■
10%
10%
10%
97
for
the Week
Sept. 23
$ per share
53%
*95
Newmont
400
37
PRICES
Wednesday
$ per share
10
11
10
♦101
102
AND
11%
10
Sept. 20
$ per share
x9%
*10%
Tuesday
Sept. 19
9 per share
5,100
83 %
30
11
STOCK
17%
17
83%
13%
102
1,100
17%
10%
100
24%
83%
1
preferred
600
3,000
30%
10%
*83%
10%
common
6,800
81
10%
„
10%
YORK
30
6%
12,000
...
-
20
.y
2,600
y\
•
7,200
y;f. 40
*66%
67%
*66%
67%
*66%
26 %
26%
26%
28%
27%
273/4
27%
27%
*27%
27%
26%
26%
27%
26%
No par
*26%
27
27
27%
*263/4
27%
600
No par
N Y Chic & St Louis Co com—100
10%
10%
10
10
10%
10%
10%
10%
10%
20,800
71
72%
71
71%
72%
73%
753/4
75%
77
5,500
130
900
'
New
York
Air
New
York
CLOSED
Central
Brake
103/s
73%
*66%
67%
'i
67%y
.
5,800
6
81
Jan
21
13
140
Jan
21
14% Jan
g
N Y
City Omnibus Corp
No par
11%
26% May
New
York
11%
0
11%
11
700
No par
*22
24
22
22
*21
24
*20
24%
*21
100
No par
24%
*50
56%
56%
*50
55
*50
55
*50
80
54%
*230
*230
245
235
235
*220
Apr
10
Jun
20
Jun
20% Jun
5
Jun
48
Feb
14
59
255
Mar
225
Feb
10
<250
14% Jun
5% Jun 13
Apr 23
Mar
9
9% Jan 21
89% July
21
Jun
Not
14
33% Jan 21
96
Jun
91% Jan
Feb
4
19%
Oct
15% Feb
25
99% Sep 12
19% Apr
7
48% Sep 20
81
Jan
86
Jun
20
86
Deo
25%
Jim
13%
Dec
16% May
Jan
.
51
Sep
16
8
94
Aug 26
4
21
Jan
10
6% Jun
16
14
Dec
17% July
36% Jan
Jan
55
21 % Jun
Feb
6
28
Mar 24
62%
NOT
25
Aug
47% Sep
21
59 % Jan
10
28%
17%
Jan
26
7
28 % JaD
20
Mar
Jun
15% Jan
3
13% May
8% Jun
14
36% Jun
27% Jun
Jun
75% July 22
31
3
20% July 19
11% Jan
7
6%
preferred series A
$5
N Y
Dock
preferred
non-cum
&
Harlem
RR
Mar
Preferred
5%
series
Common
Electric Corp
Nopco Chemical Co
Norfolk &
North
Co
American
Aviation
85
Feb
18
Northern
Central
36 V4
Mar 17
Northern
Natural
17"% Sep
Northern
Pacific
17% Mar
7
27% May
Jun
13% Jun
•
32
6
14
Jun
15
1% May 21
7% May
Jun
11% Mar
2
10% Sep
22
94 % Aug
11
11% July 22
19% July 25
36
Jan
4
Ry
Gas
Northwestern
11
INorwalk
23
Norwich
17%
100
17%
50%
48%
50 3/8
94%
94
94
20
19%
19%
8%
8%
8'/a
8%
*23%
24%
11
_
99%
99%
17%
17'I
63/4
3,100
26%
'2,400
A
99%
99 %
99%
99%
70
j)
17%
17%
17%
17%
1,500
49%
50%
9,200
..
"—49%
48%
49%
93%
*92
19%
20
8%
8%
24%
48
49
27
27
27
18%
18%
17%
18%
9%
9%
8%
9%
8%
78%
78%
*78%
79%
78%
78%
34%
35
34 %
35
34 %
34%"
15%
16%
15%
16%
16%
16%
163%
10%
i
10%
92%
10%
93
10%
92%
92%
107%
107%
*107%
107 %
9%
23%
27%
18%
10%
Rubber
Pharmacol
25
25%
1,200
48%
483A
5,300
*27
27%
300
37,100
11,700
18%
9%
183/4
19%
9
9%
9%
*78%
79%
*78%
79%
20
34%
103/4
343/8
17%
34%
35%
17%
17%
4,700
44,600
10%
22,100
10%
92
103/4
10%
93%
93%
93%
1,300
*107%
10
9%
9%
10%
10%
10%
10%
6,900
*17%
18
18%
183/a
18%
1,800
34
34
100
2
1,000
173/4
18
17%
18
*33%
343/4
33%
33%
33%
33%
1%
1%
1%
1%
*12%
13%
*1%
1.9C0
25%
18%
92%
ioy8
18
*33%
108
108
107%
"h
34%
240
■
2
13
500
9
*8%
107%
10
2.8ft
20
107%
10
No par
Co
8 3/4
30
93%
20
48%
273/4
*27
9%
80
common
*92
20
25 %
48
18
50
193%
48%
25
47%
*27
92
30
6%
25%
49
10
235
63/4
24%
.
11
26%
93%
8%
130
11
16%
25%
*19
129
25%
6%
25%
2ft
&
128
11%
27
100
Telegraph
Tire
50%
SO
Co
Co
preferred
13% Sep
*98%
173/4
20
1
Ry
Northwest Airlines Inc
;'y 4% Jan
*
6%
25%
128
48%
Northern States Pwr Co (Minn)—
Common
No par
83.60 preferred
No par
$4.80 preferred
No par
4.6%
6
11
10
Ry com
preferred
American
245
25
100
*94
4
■
*126
20
2ft
Western
Adjustment
63/a
17%
126
*230
25%
*98%
1
*50
245
6%
25%
•
126
128
11%
2ft
Noma
North
*126
100
83.75 preferred
—10O
Nobiitt-Bparks Industries
£.00
14
109% Mar 22
A
N Y Power & Light 3.90% pfd—100
N Y Bhipbldg Corp partic stock
1
N Y State Elec & Gas Corp—
13
84
Apr 29
107% Sep 19
Dec
Co
N Y New Haven & Hart RR Co.lOO
Jan
22
100
common.
11% Jun
8% Feb 28
13%
*13
13%
2
133/s
2
2
13%
133/a
13%
800
O
Deo
84%
Jan
103
26%
Feb
48
16%
Apr
22%
Feb
Mar
Deo
Deo
20
Jan
27
Jan
144% NOT
15% NOT
Jun
27% Jan
3
27% July 26
02%
6%
3,600
82
New
v
33
"■
183
100
Inc
80
33
23%
New
10;
*182
8,200
94
%
Par
s
"*146
183
2,300
*93
Jun
61
88
20,300
V 117% Jun
27
02
20%
80%
EXCHANGE
16
Apr 12
33% Jan 12
13% Jan
7
Mar
26%
2,100
No par
NEW
35
49% Jan
14%
7,500
16%
No par
'
72% Jan 27
Apr 30
92
Deo
700
34%
16
6%
10
Newberry Co (J J)
3%% preferred
99Va July 29
59% Jan
8
14
39
Apr
10%
34%
17
23%
f per share
Mar 21
Jun
*182
148
146%
6%
17
Pa com—_lo
100
Co
Bros
4% %
23
Highest
9 per share
99
40%
10%
343/a
No par
Corp
Range Since Jan. 1
Highest
90
11
34
No par
Co
Vulcanized Fibre
Natomas
4
Sep
Tea
*6%
183
*182
STOCKS
S per share
109%
10%
No par
20
Corp
Corp____
National Sugar Ref Co
14% Mar 17
13
8%
ex-dlst
Lt
Shares
National Steel
12% Apr 20
11% Sep 20
13% Mar 30
12% Jun 10
xlOl'/a Jan 12
32%
182
13
9% Jun 20
9% Jan
3
*93
100
100
9% Jun
Jan
14
10% Mar
20%
preferred A
preferred B
Natl
4
23% Sep 19
91% Jan
7
13
14
Jan
Prod——No par
National Linen Service Corp
1
Nati Malleable & Steel Cast-Nopar
6% Sep
19% Jan 21
9% Jun
33%
*16%
—
19% Jan 21
13
23% Jun
Nov
16%
33%
24 % Jun
16
10%
343/a
16%
32%
Oct
Nov
10%
33%
16%
32%
Jun
8%
10%
34%
16%
32%
18% July
Oct
9,500
2,400
"
32%
34%
Aug
7
32%
48%
78
7
32%
Deo
Feb
103%
7%
33%
National
Feb
7
*10%
National Supply (The)
4% % preferred
Deo
6%
10%
Sep
16%
4,400
16%
Jan 24
25%
2,200
8%
34%
31
93
5%
33%
8%
94
Feb
Jan
5%
333/8
8%
10%
86
82 % Mar
5%
33%
8%
93
Not
8
6%
5%
33%
8%
92%
12%
14% Mar
7
5%
33%
92%
20%
23
6%
5%
33%
94%
31
14%
7%
5%
94
Year 1948
86
6%
.350
94%
Feb
Range for Previous
6% Mar
20% Feb
1
182%
34%
16%
4
23%
8
100
5,300
182%
183
343/4
5%
33%
15
July
July
8%
1,400
40
34%
33%
0
11
12%
8
5%
34
No par
15% Feb
Lowest
8%
Products
21% Jan
Sper share
8%
1
x80 % Jun
98%
5%
33%
*38%
34%
1,500
12%
10
May
Feb
182 %
1
Co
Jan
85
183%
10
.
80% May
15% May
*27% Mar
183%
184
-i.
12
15%
25% July
Jan
34 %
13%
.•»
•
153/8
21% Feb 28
May
34%
13%
10
Jan
19
*38%
34%
34%
183%
184
12%
40
—Ho par
Corp
Register
City Lines Inc
25% Aug 19
19% May 16
19%
184
33%
*11%
20%
73 % Jun
104
Jan
14.200
13%
12%
39%
10%
Oct
Feb
200
13%
13%
*11%
*36
15%
Jan
12%
34%
12%
12
39%
20%
May
94
34
13%
11%
*36
410
15
Feb
11% Mar
73/8
10
Jun
20
7%
7%
20%
183
80% Not
12%
38
7%
10%
149
Not
12%
13%
12%
7%
14%
4
25%
7%
20%
4
Not
1,500
7%
21%
7%
10%
135
70
26
21%
14 'A
169% Jan
Not
13,800
13%
26
21%
14%
Jun
26
Cash
7%
13%
26%
21%
10%
Apr
Deo
13%
25%
20%
20%
147%
12%
13%
26
20%
19%
177
Feb
*25
21%
10
Not
38
13
25%
20%
14%
130
114%
13%
Enameling 61 Stamping—12.59
Gypsum Co com
1
$4.50 preferred
No par
National Lead Co common—.—10
33% Jan 21
Not
90% Mar
13%
12%
*25
10%
14
Not
13%
10
14%
Oct
81% Mar
200
20%
162
1
48%
14%
95
Dec
3,900
*45%
48%
20%
10%
86% May 13
7%
70
12%
37
National
7
25% Apr
24%
12
*35%
.
Nat
Jun
Feb
12%
37
500
1,300
111
Aug 18
14% Feb 25
00% May
Dec
9%
47%
47
*110
1.6% Jan
38
6%
*9%
47
111
13
Oct
8
*45%
9%.
2,200
3,300
14
Jan
87
47
200
14%
10%
7% Jun
•
29%
9
12
*35%
19%
14%
10%
xl 1% Jun
Jun
15%
Can
National
11
85
100
21%
38
2QO
35% Aug
5
8"% Aug 19
9"% Jan
8
9% Jun
21
preferred
6
14% Aug
32
jun
Deo
7%
15
13
10% Mar
24% Mar
Not
1
13
9% May
13% Jan
10%
13%
25%
*7%
Fibres lac—1
5% Jun
Dec
14%
National Automotive
30% Jun
Feb
17%
1
National
9%
21
1
National Aviation Corp————ft
National Battery Co
4
National Biscuit Co common
10
Aug 28
35% Sep
185% Sep
170% Mar 15
6
.
4
13% Apr
28
July
6%
32%
16%
100
Co
National Airlines
16
13% July
17% Mar
45
Nov
162%
20
46%
48%
12
37
*36
'
Mar
A
19%
13%
25
21%
i
Sep
Jan
26%
*47
11%
46%
*110
*19%
'
•
32%
0%
46%
Corp
29
8%
•45%
Nash-Kelvlnator
Deo
29
12%
36%
1
18
Sep
11%
36%
12
19
*9%
46
111
36%
8
Acme
46
111
12%
*110%
111%
*18%
9%
9%
9%
46%
111%
46
*35%
Jan
il
*9%
10
47
*110%
Murray Corp of America com
10
4% preferred.
00
Myers (F E) & Bros
No par
37% July 12
Feb
4%
47
100
N
14% Mar
*9%
1
common
18% Jan
14
July
11
Wheel
20
■
11%
10%
Deo
45
200
12%
51
Deo
112
1,100
109V2
Deo
Jan
11%
*106
10
:v
10%
109%
*106
53
-
28%
11%
23%
52%
53%
53
23%
*10%
*22 %'
29%
11%
23%
Not
Feb
5,400
18%
4'/a
15%
33%
4,400
17%
13%
107%
3,600
9%
V:'4/V;Z:y4%:
1
(John)
Motorola
48%
9%
4%
4%
11
Co
47%
9%
3%
Shares
18%
JNo par
Utilities
47%
9%
for
the Week
4%
18
•
No par
No par
series B
pfd
47%
9%
3%
■
Sales
Sept. 23
Sper share
*29%
STOCK
EXCHANGE
•23
com
pfd series A
conv
conv
Co
47%
No par
Tool
Moore-McCormack
7
6
9%
3%
Montgomery Ward & Co
6
Jan
Jun
9%
Friday
Sept. 22
$ per share
share
47%.-47%
47%
Cnemical
Montana-Dakota
59% Mar 29
47% Jun 13
Machine
46%
47%
$ per
No par
Carpet Mills
Hosiery Co Inc
Mojud
$ per share
S per share
Thursday
Sept. 21
——.10
0
Mohawk
20
6
13
101% Jun
65
Deo
Jan
11% Jan
Jun
Jun
Wednesday
Sept. 20
tpershare
PRICES
SALE
Tuesday
Co
series
preferred
45% Jan
May
112% Apr
Dec
7%
y
Monday
Sept. 19
com
RR
Missouri Pacific RR 5%
5% Aug 16
21% Jan
122
47% Mar
10
Jan
Mo-Kan-Texas
HIGH
AND
Saturday
Corp
Mission Development
7
25% Mar 30
15 %* Jun
22%
Mission
14
Jan
Monday, September 26, 1949
Sept. 17
Par
6
Sep
6'
13
15% Jun 14
3% Aug 16
July
133 y4
9
CHRONICLE
LOW
STOCK
YORK
EXCHANGE
S per share
S per share
7% Jun 13
4
NEW
Lowest
t per share
Feb
Range Since Jan. 1
Highest
'u-:''
■/t
Highest
$ per share
FINANCIAL
STOCKS
Year 1048
Lowest
&
Jun
Jun
18%
Jan
36% July
*100% July
12% Apr
100
Jan
78
Jun
37%
99% Jan v3
23% May 31
17% Jan
8
20
Jun
14
91% July 26
6% Feb 11
79% July 13
18% Aug 22
Jun
28
Jun
13
154
Jan
148
Jan
15
33
May 18
30% Sep 23
106% Sep 19
33% Jan
7
19% Mar
31% Jan
7
99
7
Jan
7
8% Jun
3
90% Jan 10
22% Jan
7
34% Sep
14
166
23
Jan
80
11% Jun
Deo
1
89
Sep 22
16% Jan 24
Feb
47%
Deo
64% July
49 Vs jan
7
79
78% Jan
3
Jan
59% Sep
28
7
11%
8%
Feb
Dec
15
Jun
Sep
May
8
60%
84%
78
6
10% Jan 18
Aor
51
FH>
Sep
1
48% May
71
29
18% May
11% Mar 29
For footnote
An?
16
14
40
Jan
Apr
Jan
7
4
17
Ohio
Edison
Common
4.40%
Ohio
Co
common
"when
Oil
8%
convertible
Corp
convertible
Oppenhelm
common
Owens-Illinois
Amer
Paciflc Coast
1st
2Dd
Glass
Co.
Fisheries
Co
preferred
preferred
24%
23%
24 y8
23%
23%
96
94
94
93%
93%
931/4
93%
7%
7%
86%
20%
861/2
7%
861/2
*19
20%
*19
-0
.10
30y4
•18%
23%
86
JNo par
non-cum____Nn n»r
29 Va
18%
333/a
*7%
34%
164
33%
164
*13%
*164
133%;
*70
75
13%
*70
7%
86
20%
34%
165
13%
75
•18%
73%
86%
•19
333/i,
•164
13 y8
•70
19
34
165
57%
*12%
■
13%
8%
"*£50%
29%
8%
>
57%
12%
8
57%
571/4
12%
*12%
8%
8%
•19
34.:
165
7,800
30%
44,100
106%
30
30%
•
•18%
19
24
24
*93
•:
;
7%
87%
24
250
-V.
17,400
300
2,200
110
94%
7%
87%,
19%
1,400
;: -
19%'
34%
•166%
166
*13%
13%
75
*70
58
58
58
58
*13
18%
34%
•70
9%
30%
343/4
13%
13%
...
203/a
75
"
57%
30
30%
293/4
'y
293/4
106%
24%
.12.00
29%
106%
29%
29%
106%
30
89%
Inc.
29%
29%
106 Va
18%
*85%
common.
non-cum.
29%
29%
29
:.f,
100
100
29%
106 V\
18%
7%
2.00
30
30%
7%
No par
30%
106 %
%
*94
No par
Co
Pacific
A
4
29%
106%
,.lo
preferred
6% preferred
Outboard Marine & Mfg
Outlet
2.9 3
y
106%
18%
20
No par
common__0
Collins
Otis Elevator
30
pfd
preferred—10©
(The)
31
30
106
No par
Co
Omnibus
303/4
29%
100
Oklahoma Gas & Elec 4%
Oliver Corp common
4%%
.ft
distributed"
preferred
13%
.
*13%
13%
8%
510
167
500
133/4
75
58%
70
100
8.700
•.
-
1,500
13%
200
8%
1,390
8
9%
52%
51%
55%
60
65
66
66%
65
65
270
29%
30
31%
32
35
35
36%
33
33%
630
Volume 170
Number 4841
THE
COMMERCIAL
NEW
Range for
Previous
Ranges, Since Jan. 1
Highest
$ per share
15 Mi Mar
21%
Jun
29%
36%
$ per share
Jan
Nov
24
21
'Apr
34
Sep
13
47% Mar
55% July
50
44 y4
27% Jun 14
89
Dec
130
Nov
July
104%
Jun
Mar
" Jun
89
14V
135
3%
Dec
39%
Nov
4
6%
Pacific
8
5
1
13
3y4 Jun
4% Jan
6*
13
4% Jan
9
Packard
3
10% Apr
9
16
Jan
3
49 y4 Jan
5
59% Apr
14
95 y2 Jun
23
Jun
5% Jun
13
May
15% Jun
14
92
Oct
100
May
Dec
11%
28
Jan
Feb
105
;
102% Jan 27
8% Apr 16
20
Jan
Jun
102% Feb
8
104% Jan
7
18% Jun
14
24% Feb
3
14
21% July
37
May
3% May
Mar
23%
Dec
33%
24 Mi
Nov
80%
6% Mar
10
9
16%
Feb
24% Jan
Jan
4
3
30
2
26% Aug
7% Jan
23% Mar
Jun
Jun
x6
May
2% Feb
9
15
9% Aug 30
Jun
5% Aug 31
6
27
Dec
37
Jan
27% Jan
31
38%
Feb
49%
Jun
42% Jan
3
Dec
15%
Feb
27
Dec
15% Jan
7% Jun 14
21% Nov
17% Feb
5
34% May
23% Jun
6
Parker
Parmelee
10
54% Sep
Jun' 16
111
20% July
16% Jun 29
22% May
14% Jun
13
32
13
Jan
106
Dec
48
103
Feb
120
28
Dec
86%
Feb
9%
Nov
20% May
7%
Nov
24%
Jan
Dec
30%
Jan
21
May
102
Feb
48%
Dec
93
Dec
104
29
Jan
3
36
Oct
96% Feb
9
120
Mar 28
7% May 31
Jun
12
28
Jan
9
9% Jun 14
Sep
53
52%
29%
29%
30
99%
100
Jan
3
31% Aug
6
51% Jan
7
203/s Jan
3
24
25%
Sep
23% Jun
8
110% Apr
6
117
Jan
7
104
Aug
110% Sep
19% Jan
Jun
103%
Jun
98
Jun
105
Apr
8
11% Jun 28
14
Jan
28
Jan
45% July
22 3/4 Jun
81
Sep
91
21% Nov
28
25% Mar
39%
Dec
80% July 11
37 5/8 Jan
4
87
97%
Jun
93% Jan
Jan
82% NOV
July
88%
Oct
13%
Dec
87% Jan
Sep
Dec
Jan
0
10% Feb
10
88
92% Aug
77% Jun
Jan
3
55%
*15
,r.
56
56
102
5%
6%
18%
103%
*102%
103 %
20%
193/4
20%
18 %
18%
38%
38%
19 %
39%
39%
2%
2%
2%
28%
29%
25
25
6
2%
Co
2.50
28%
6%
6%
—5
5
10%
10%
6%
6%
25
•16
3%
6%
*102%
103 %
*102%
103%
20 3/a
20 3/a
20%
20%
♦102%
103%
20%
*18
19%
*18%
19
*18%
19%
*38
39
•38
39%
*38%
40
2%
2%
28%
29%
26
26
7
7
7
103/4
10
6%
6
*2%
29
10%
7
8%
6%
6%
*15%
*32
53%
10
*8%
8%
7
22%
22%
21%
*24%
28%
*24%
Milk
16%
15%
32%
52%
*32%
54
...
83/4
9%
400
22
22 %
21%
22%
5,900
28%
*25
28%
*253/4
28%
110%
8%
83/4
*8 3/8
110%
*106%
183/4
18S/8
18%
18 3/a
185/a
183/4'• 18%
18%
14%
14%
14%
14%
14%
14%
145/a
14%
40
40
39%
40%
393/4
14%
393/4
40
40
*109
112
*108
112
110
110
*108
111
35
35
*35
36
*35
36
100
*8%
33 %o
9%
*27
100
*106
preferred
Corp of America
110
*106
108
108
12%
12%
No par
-1
Brewing Co
(Chas) & Co Inc
12%
23%
23%
453/4
46%
42%
43%
54%
54%
$1 conv preference
54%
*106%
10%
19,400
27s/a
100
108
*106%
108
200
8 5/a
8%
*27
♦12 3/a
23%
23%
233/4
23%
46%
46%
46%
46%
46%
41
42%
41%
54%
42%
42
54%
54%
54%
55%
*100%
101%
23%
25%
233/a
233/a
23%
23%
23%
25%
25%
25 %
,25%
25%
8,200
1,100
116%
116%
130
101%
23%
23%
23%
23%
25%
25
25
•25
*9%
hv,
275/a
12%
54%
1013/4
No par
% ff. 9 %
8%
8 3/a
4,100
12%
No par
com
9
20
200
117%
12%
23%
No par
common
36
117
60O
111
*35
*27
108
*106%
5
18,200
117% *117%
27%
27%
3,900
143/4
40%
*108
35%
83/8 T 85/B
27%
18%
40 3/a
35%
"
9%
V-S,*8;.v/
83/s
*27
*106%
115%
115
8%
8%
27%
110
*106%
115%
*8%
.
8%
8 3/a
No par
800
6,100
22%
*106%
18 34
Co common
500
32%
54
*8%
*25
28%
114%
1,100
21%
8%
22
50
1153/4
2,900*
15%
53%
No par
xll5
700
*6%
16%
*106%
1,100
7
10%
323/,
110
3,100
25%
10'/a
523/4
100
29 3/a
*6%
10%
32%
preferred
2,800
10%
6
100
200
2%
29
26%
7
700
21,660
*25
29%
25%
*15%
8%
160
7,400
6%
19%
16
Co
101%
6%
32%
Corp
2,700
,
19%
32%
Cement
100
57%
57
6%
153/4
Coke
12,500
19%
52% ..54%
8c
32,000
8%
153/4
101%
101%
19
54%
Coal
3%
8%
57%
32%
16%
35/8
15,200
*143/4
8%
57
2%
6
2,600
15%
101%
6
25%
10%
1,900
18%
2%
7
35/a
38 %
18%
.
29%
•
*24%
No par
120
35/8
37%
33/4
38
83/4
101%
20
19
147%
•143/4
56 3,4
♦101%
360
*146%
3%
9
15
56
102 %
183/8
6%
6%
33/8
8 »/8
1,400
32
35/a
35/a
31
99
A
•37%
15
56%
♦101%
102
33/4
37%
8%
153/4
30%
147%
33/4
33/4
.
•
1,900
101
101
12 3/4
12%
24%
24%
24 3/8
473%
47%
473/4
42 3/a
101
12%
42
101
1,400
2,300
2,400
11,100
42 3/a
55%
330
101
*100%
4.4%
preferred
10o
116%
116%
116%
3.8%
preferred
100
102
102
102
102
*1003/4
102 %
102 %
102%
102%
4.3%
preferred
100
109
110
*109
110
*109
110
110
110
110
110
1021%
1
110
Pblla 8c Reading Coal 8c Iron
Phllco Corp common
7
40% Jan
7
883/4 peb
3%%
8
493/4 Sep
23
4%
94
Sep 21
12% May 14
51% Jun
14
64
Apr
11
Mar 30
100
preferred
13%
14
29%
28%
293/4
85%
47 5/b
101%
94
291/4
29
85%
*84
473/8
101
94
94
-
14%
4,400
293/4
283/4
29
7,600
84
84
85 %
48 3/a
No par
583/4
B
*7%
95 %
*94
*11
11%
*11
11%,
*11
11%
*11%
90
*88
90
*88
90
*88
59%
56 3/4
58 3/4
573/4
7'%
7%
♦75/a
8
58 3/8
*7%
»
400
■■95%
30
11%
100
90
r
.59
58
8
11,500
101
*99%
*88
*93%
20
493/4
48
100
99
11%
*92%
150
14%
90
11%
*88
500
143/a
.
48%
48%
101
94
117
14%
28%
48%
*100%
,
14%
*84
48 5/a
101 %
*92%
100
14
85%
48
100
Hosiery
87
*85%
/•'
•100
No par
Petroleum
14%
283/4
3
preferred
Phillips
117%
14%
*00
Phoenix
*116%
'
preferred series A
3.60%
8ft
19
8
1
preferred
Phillips Jones Corp com
11
117%
*116%
Philip Morris As Co Ltd common—5
102 % Aug 24
Feb
Sep
8%
83/4
15%
400
5,600
52 %
8
90
7 %
3%
33/4
8%
,
333/4
22
87% Aug 18
14% May
33/4
Shares
,
203/4
,
99
V
for
the Week
3*3
147
36%
38
♦18%
Enterprises
$6 preferred
Phila Electric Co
May 17
Sep
1471/4
33/4
36 3/8
30%
100
3*3
533/4
Pfizer
26% May 16
115%
*33/8
.
.
39
*15
Phelps-Dodge Corp
25
Philadelphia Co 6% preferred—50
3
jun
147%
147
1
Welffer
3
24%
8c
A
32 3/a
4%%
19
102 % Aug
4
33/4
38
i
*1453/4
l4o%
30 %
•99%
3*2
No par
Transportation
Petroleum
553/8 Aug u
90% Mar 24
100
No par
Pet
53% Jan 21
X48% Mar 30
99%
1
Mines
Peoria 8c Eastern Ry Co
13
17
V
20 s/8
Pepsi-Cola Co
14
Sep
29%
30
100%
146 %
Pennsylvania Salt Mfg Co com—lo
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light 8c Coke
100
105% May 16
13
V
1
Consolidated
Mines
5%
19
36% Jun
111
10
52%
*102%
Pennsylvania RR
Apr 11
40% Jun
July
55
May
104% May
Jan
54%
11% Jan
3
Mar 11
8% Jan
Sep
11
52 %
1
Inc
Penn Power 8c Light Co
May 16
Sep 13
59
i
Jan
91
52%
Penn Gla<<s Sand Corp com—No par
1
64% July
■
20% Dec
103%
Mar
20 y4 May
Dec#
Nov
Jan
17%
Feb
52%
100
preferred
Pictures
Penn-Dixie
43
Aug 18
111% Aug 24
104
104
Feb
22
Jun
Apr
Apr
99
40%
52%
No par
Penn
3
May 18
17% Jan
7
45%
44%
52 %
Penney (J C) Co
20
Dec
112
Oct
33%
•20
Penick & Ford
3
23% May 14
28% Jan 21
Dec
9%
14%
33%
♦18%
Peabody CoaJCo common
5 %
conv prior preferred
16
10% Feb
16 ya
98%
33%
No par
com
Rust Proof
Patlno
4
19% Jan
Inc
Parke Davis 8c Co
3
Jan
16%
22
•20%
33%
No par
When issued
7
33 % Aug
Car
convertible
Park Utah
July 19
8
Oct
35%
203/4
33%
1/64
1
lo
Park & TUford Inc
28
14% Jan 18
109%
I
4%
Cos
Paramount
7
42% Mar 30
Aug
1% Jun
15% Sep
9%
Paraffine
7
fiT
Feb
2
*203/a
333/8
100%
Panhandle East Pipe L com__No par
4% preferred
130
Panhandle Prod 8c Refining
1
18% Sep
34 y4
20 3/a
33%
30
EXCHANGE
American Airways Corp
2%
Pan-American Petrol Ac Transp
5
26% May
-
203/a
33%
21
Sales
Sept. 23
$ per share
52 %
100
Motor
Friday
Sept. 22
t per share
$ per share
20%
Pan
10
$ per share
CLOSED
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
8
43% Jan 10
Thursday
Sept. 21
20%
STOCK
issued
preferred
Jan
Oct
Feb
$ per share
$ per share
Wednesday
33%
No par
when
25
PRICES
Sept. 20
■f...
Telep As Telesr common—100
Rights
Sep 22
147% Sep 22
32
Jun
66
18y«
1033/4 Sep
8
Feb
97
:
2% Jun
\
Pacific Mills
12
46
6%
7
20
Jan
6
SALE
Tuesday
Pacific Finance Corp of Calif
10
Gas As Electric
28
Pacific Lighting Corp
No par
11% May
21% Jun
8% Nov
13% Mar
18%
Feb
Jan
Monday
Sept. 19
Pacific
34% July 20
29 y4 Jun
Apr
62% May
5% May
Dec
54
6
1/64 Sep
■
Par
14
3
HIGH
AND
Saturday
Sept. 17
,f
$ per share
Feb
;
18
(1205)
RECORD
LOW
STOCK
EXCHANGE
30% Jan
.
29%
Dec
STOCK
CHRONICLE
'
NEW YORK
Lowest
Highest
$ per share
YORK
FINANCIAL
STOCKS
Year 1948
Lowest
&
59%
58%
8
♦7%
13,700
100
8
v
Range for Previous
STOCKS
Year 1948
Lowest
t per share
30
Range Since Jan. Is
Highest
NEW YORK
Lowest
Highest
$ per share
$ per share
Dec
84%
Jan
103%
Jan
100% Jan
5
105% Apr
Sep
100% Jun
22
100% Jun
Par
4
113
22
Jun
10%
Dec
80%
26
15%
Dec
93
Jun
11
Jan3
79
Jun
15
85
32
Jan
7
7
16% Jan
7
155
Apr
Feb
169
Dec
142
13
*35% Sep
Jan
6 3/4 Jun
13
8% Jan
Jun
7% Jun
14
15% Jan
20
170
Dec
Feb
96
Oct
Apr
65% Jun
70%
Dec
Feb
82% May
26% Oct
59% Sep
15
14% Jun
Jan
26%
161
Dec
33
Jan
29%
Feb
11%
Dec
12 %
Jan
70 3/4 May
46
Jun
■
175
88
7
7'
7
May 18
Jan
24
8
71% Jan
27
15
21% Jan
24
1
147
Feb
29
Apr
8
24
36% Feb
11
503/4 Apr
18
32
Mar
8% Jun
3
14
14% July
11% May
12% Apr 21
Jan
28
24
4%%
16
25
Dec
30% May
25% Jun
13
28% Aug
32%
Nov
53
Jan
30% Feb
25
37
x25%
Feb
42
May
24% Jun
14
32% Apr
Feb
IB
Feb
109
.7%
9 '
No par
100
34%
100
154
*149
165
*163%
165
7%
>;
9
155
*150
155
165
*163
165
34%
343/4
34 5/a
7%
7%
8%
9
9
91/a
9
*127%
145
/
,
74
613/a
*60%
613/a
163/4
*15'/a
16
74
-
;
*127%
73%
61%
•60%
•15%
■
16%
*
*137
140
'*
Co
22%
21
21%
21%
•137
21%
11%
11%
11%
11%
113/4
11%
42 3/a
$4.75
$1.40
8
Inc
Co of
300
*137
140
21%
21%
900
11%
43
42 3/a
213/a
11%
21%
42%-
11%
43%
4,400
*40 %
41%
*39%
11
,11
143/4
11
143/4
15
400
500
41
1,400
11
14%
4,900
•
5%
•
5%
g
6
g
23
23
22%
67%
67%
16
16%
85
*84%
500
68
16
4,700
22%
67%
15%
16 3/a
85%
23
23
67
67%
67
67%
15%
16
16
<
*843/4
85%
85
85
84%
44 3/8
445/a
44
44%;
24%
24%
24%
245/a
433/4/44
24 %
245/a
28
28 3/a
28
28%
28%
28%
28%
28 %
28%
33%
32 3/a
33
32%
32%
33
32%
31%
31%
31%
»1075/8
108 %
107%
107%
107%
27%
27%
27%
♦18%
19%
♦18%
*
40
33
30%
32%
31%
2,400
1,400
28%
33
Inc
(The)
16
5%
5%:
223/4
223/4
61%
No par
dlv preference
Pure Oil
16
5%
67%
,
"70
73
■'
*163/4 :; 173/4
Colorado— -20
Gas com
Pullman
5%
23
67%
—8
com
preferred
Pub Serv El As
4
53/4
23
No par
Industries
cum
1
com
*60%
1,900
1,300
145
73
:
8,400
73/a
.9
*127%
;
73
*11
42
■«
613/a
17 %
140
17
140
22%
-10
145
♦72
*60
*73
74
*137
35%
73/a
*16
No par
Power
300
73/a
*127% 143
140
2,400
7% V
*73 V
*60%
*137
273/4
i 14%
9
*8%
90
27%
73/8
7%
10
1,700
81
81
*163%
;
No par
com__No par
nn par
,
No par
common
31
313/a
30%
313/a
.100
107 3/a
107 3/a
♦107%
108%
No par
27%
27%
275/a
275/8
14
Quaker State Oil Refining Corp_l$
•18%
19%
*18%
19%
300
,
*13%
34%
34
343/4
12
83%
,
12 3/a
*150
152
,*163%
0; 33%
*127% 145
preferred series A. -50
conv
Public Service
Apr 30
44%
85%
44%
24%
*85
243/4
44%
443/4
2,400
24%4. 25
14,800
8,500
14,800
17,300
313/4
107%
27%
Radio Corp of America com—No par
6% conv preferred
Purity Bakeries Corp
July 11
29% May
Electric
Publlcker
1
Sep
7%
No par
Procter As Gamble
90% Mar 17
Sep
633/4
*149
'
Co class B
Pressed Steel Car Co Inc
24 !
25
18% May
165
34
11%
45
Dee
154
•163%
_10
11%
*81
14%
3
17%
•149
.100
14%
3
6
14%
10%
Jan
17
14
15
843/4 Sep
Jan
14
11%
20% Jan
25% Jun
•133/4.
11%
Apr
107
133/4
14%
39% July
243/4 jun
Sep
*13%
15%
Poor 8c
2
July
13 3A
11%
Feb
81
28
11
22
108%
27%
15 '
14
Feb
273/4
Potomac
14% Jun
Feb
113%
81
27%
.<;i: 11%
15% Sep
8% Jan
283/b May
101%
81
27%
•40%
Feb
x25
82
27%
41%
18
21
113/8
82
28
133/4
corn.. 100
ll%
83
273/4
CLOSED
30%
105
12%
83
EXCHANGE
_l1
Shares
103
*95
12
for
the Week
share
•30%
*1023/4
105
♦95
413/4
16
30%
103%
*102 3/4
105
*95
$ per
share
*30
*102 3A 103%
43
13
38
30%
30%
:
42 3/4
69% Sep
94
♦IP/a
303/4
—1
26
Dec
105
Pond Creek Pocahontas
57% Feb
Jan
102%
*95
443/4 Sep 13
123/b Mar 30
21
Mar
30%
102%
Sales
Friday
Sept. 23
Sept. 22
413/4
35% May
71% Jan
81
30 3/a
4105
:t
Thursday
$ per
$ per share
43%
Feb
20
__1
STOCK
$ per share
103%
30 %
*102
*95
share
Sept. 21
41%
Nov
32%
No par
>er
PRICES
Wednesday
43
Nov
.
i
SALE
Sept. 20
42%
5%
13
share
HIGH
AND
Tuesday
,
—5
62%
Mar 22
Sept. 19
Plymouth Oil Co
22%
4% Jun
9 per
5%% 1st ser conv prior pfd— 100
Pittsburgh As West Virginia
100
Pittsburgh Young 8c Ash pfd——:100
Pittston Co (The)
1
Plough Inc
—8
4
113/4 Sep
83/4 Feb
IB3/, May
...
7
21
136
Aug 12
Xl9% Jun 14
July
46% July
12 % July
9% May
135
Pittsburgh Forglngs Co
Pitts Ft Wayne 8c Chic Ry
7% gtd preferred—
Pittsburgh Plate.. Glass Co
Pittsburgh Screw 8c Bolt
Pittsburgh Steel Co com
>. 7%
preferred class B_
6% preferred class A
L
Aug 31
28
283/4 Jun
10
Feb
$5 convertible preferred
Pitts Consolidation Coal Co
Jan 2&
26
156% Jun
Jun
Jan
145
149
170
Jan
July
39%
Monday
*
_25
common
No par
Pitts C C 8c St Louis RR
lOo
Pitta Coke As Chem Co com—No par
Feb 1 2
13
Dec
7% Nov
PUlsbury Mills Ino
(4 preferred
14% Mar 14
10% Jun
Jun
30
73%
323/4 Aug 26
243/4 Jun
July
157
140
13
36% July
Feb
138
10%
Jun
23%
Mar
12%
26
Saturday
Sept. 17
$ per share
98% Apr
110
LOW
STOCK
EXCHANGE
9
18% Jun
19
20% Jan
Jun
9% Jun
28
14% Jan
7
66% Jun
14
74% Jan
22
x7
Jun
15
9% Apr
4
92% Jan
4
100% Sep
7
,
*27%
28
*18%
400
900
19
R
Oct
75% May
11% May
80
Nov
98%
253/4
Dec
22%
Feb
x36
31
Jan
35
26% Jun
17
34% Feb
3
163/4
Feb
27% July
173/4 Jun
14
23% Jan
7
36%
Feb
45
Apr
36
Jun
13
43
Jan
3
4%
non-cum
31
Feb
39
Jun
28% Jun
29
36
Jan
7
4%
non-cum
10
Dec
15% May
10% Jah
3
13% Apr
18
Real Silk
14
233/a Jan
25
Reed Roller Bit Co
6%
—
,
34%
Jun
Jun
233/4 Jun
14
29
Jan
19
July
213/aJun
14
30% Feb
$3.50
.iv'
_.
18
Jun
preferred
1
100
> Raybestos-Manhattan
Rayonier Inc
12
11%
72
11%
72%
7%
7%
7%
.
72%
7%
7%
983/4
98%
*98%
99%
99%
99%
1
267/a
267/«
*26%
27%
26%
♦98 3/4
26%
11%
11%
723/4
72%
7%
73/4
100%
•72
73/4
*98%
100%
26 3/a
26%
600
25%
2,400
27
27
253/4
253/4
Dec
7
Dec
V. 14% Jan
25% May
13% May
18
May
11% Jan
14
15% Sep
14
4% Jun 29
8% Jan
Reeves
27
Eels
\
8
173/4
8%
52
Dec
Dec
Dec
66
183/4 Jan
6% Jun
Dec
Aug
15% May
50
8%
78%
Dec
99
Aug
73
29%
Jan
10% Dec
63/4 Feb
Aug
8% Apr
4
14
3
22% Sep
9% Jan
54% Feb
25%
24%
25% •;
24%
25%
31
31
31
31
31
31%
31 J/4
31%
1,200
19%
193/a
19
19
19
19
19%
19%
19%
19%
900
38%
38
38
*37 %
38%
37%
37%
37%
37%
400
e *30%
32
*30
32
*29%
30
*29%
30
293%
29%
11
*11
11%
*11%
113/4
♦11%
11%
*11%
113/4
300
19%
19
19%
*18%
18 3/4
*
18 %
19
*
19%
18 %
18%
1,100
143/4
14%
14%
143/a
14%
14%
143/4
14%
143/4
3,300
63/4
63/4
6%
*6%
7%
*6%
;
50
*37
5
■
No par
83% Feb
3
6% May 31
12% Jan
43/4 Jun
0
8% Jan
7
2% Dec
2% Jan
3
3% Apr
0>
6%
11% May
5% Jan
4
9% May
2
$4.50
8
13% May
5% May
Nov
For footnotes see page 28.
(Robt) 8c Co—
-
■
-
Reo
'
5
convertible
>
—
preferred
20
—
*7%
*52
50c
9%
*77
-25
—
Republic Aviation Corp
Republic Pictures common
$1
■'■{:&&
.".
iOO
preferred
Motors Inc
.
6% ,y
22
*20
213/4
•
Conv pfd 3%% series
Remington-Rand common
10% July 29
17
V:ir,
50c
Inc
Reliance Mfg Co common—
3
26
Jun
50
10%
50
dlv prior preference
10
Reliable Stores Corp
No par
24
8,200
25%
;)■.*
50
$1.25
13
t
31
—29
__
Hosiery Mills com
Bros
^25
900
i
14%
—
1st preferred
2nd preferred
■;
*31
•
11%
41,500
12
72%
73/4
11%
113/4
72
113/4
72%
7%
■%
No par
common
$2 preferred
Reading Co common
11%
72%
No par
Radlo-Keith-Orpheum Corp
Ralston Purina Co 3%% pfd
4
May
1st
54
9%
82
7%
7%
73/4
■
*52
93/8
*77%
,
54
9%
82
*21
73/4
*52
9%
*77%
22
73/4
53
9%
82
7%;
;
7%
8
*21
22
♦21
•52
9%
♦78
•
53
,*6%
i".
.
93/4
82
♦73%
•52
9%
*78%
7%
100
200
213/4
8
54
10%
1,100
---
15,000
82
1
8%
8%
8%
8%
8%
8%
8%
8%
8 3/a
8%
1,800
1
50e
4%
5
43/4
43/,
5
5
4%
5
5
5%
7,000
2%
27/s
23/4
2%
2%
2%
2%
3
2%
3
2,000
8%
8%
*77/s
8%
8%
8%
8%
8%
83/8
8 3/8
10
::v
600
26
COMMERCIAL
THE
(1206)
&
FINANCIAL
STOCK
Highest
t per share
if
$ per
$ per share
$ per share
33%
Jun
111% July
91% Jun
15
Dec
21% May
10% Jun
15
Oct
17
31
12
Republic Steel Corp
NO
com
$ per
Jf'
par
Tuesday
u-
PRICES
SALE
Wednesday
Sept. 20
19%
-
Thursday
Sept. $1
$ per share
$ per share
share
•
HIGH
AND
Monday
Sept. If)
Saturday
Sept. 17
Par
7
Jan
16% Jan
13
Feb
LOW
STOCK
share
27% Jan
13
Jaa
YORK
EXCHANGE
Lowest
.
103
22%
NEW
Range Since Jan. 1
Highest
Year 1948
Monday, September 26,. 1949'
RECORD
STOCKS
Range for Previous
Lowest
CHRONICLE
$ per
20%
19%
19%
102%
*100%
103%
13%
12%
13%
20%
the Week
Sept. 23
$ per share
share
19%
$ per share
20%
203/a
*100%
1023/4
13%
13%
96
20%
for
Sales
Friday
Sept. 22
Shares
20%
16.500
"
02%
4%
92
Dec
;f
8
Nov
29%
104%
Jan
5%
83%
Dec
43
80
Sep
Jan
Dec
4%
Sep
6%
Feb
19%
Feb
19% Jan
13
21
Jun
28
25% Jan
36
Jun
15
47
9
10% Jun
13
14% Sep
14
Jun
17
Mar
27% May
16
13
18% Feb
Dec
72
39% Apr 25
55 % Jan
18%
May
8'/a Jan
Jan
6%
6%
6%
6%
*6%
G%
38%
39%
39%
39%
39%
39%
Hi.;*# *48%
A •; 50
*17%
No par
39%
40% V:
No par
16
17%
17%
18
*43
96 Va
105%
1053a
450
17%
183/a
18%
18 Va
1,300
39%
40%
*15%
16%
17%
39%
38%
5%
5%
5
5
com—1
8%
8%
8%
8% A
8%
8%
8%
*23%
24%
*23%
24 %
24%
*23%
45%
45%
44%
44%
1
14
14%
Inc
*23%
44%
99%
*99
;
16
45
40%
ft
—
—
27,100
16%'
5
5 Va
5.400
8%
8%
2,200
*23%
45%
46
200
24
13%
47
1,900
*99%
99%
*99%
99%
13%
13%
13%
13%
13A4
18%
*18%
183/4
50%
50'/a
800
8%
83/4
1,100
1
18%
18%
18
18%
*18'/a
18%
18%
No par
50%
50%
49%
49%
49%
49%
49%
5
(The)
9%
9%
*9%
9%
9%
9%
8%
(Jacob)
38%
20
—
*15%
/■;%
24
45
50
99%
14%
13%
9,000
*95%
*15%
*99
'
30
1,500
39 Va
96%
5%
99%
%
50
25
Wks
39
6%
105%
16%
*99
1,700
*6%
*48%
39%
20
13,000
105%
5%
.100
4%
19%
100
*95%
105%
173/4
'
19%
99
*963/4
105%
38%
Typewriter
Ruberold Co
Ruppert
A
105%
*15%
common
Metal
1.900
96
50
*48%
50
;
*95%
105%
105%
5%
preferred series A
Art
96
39
10%
preferred
conv
& Haas Co
13%
*98
5Va
8%
Company
Antelope Copper Mines-
Royal
12% Mar 12
3
;':K
6%
1
Ronson
8
Deo
8%
98
50
4%
3
54*
19%
98
105%
Rohm
23
99% Sep
19%
*95
Controls
500
*13%
5
19%
98%
lOt
4%%
3
Sep
96% Apr 21
v
19%
*96%
100
Robertshaw-Fulton
10% Jan
*',/4%
102%
'
19%
—.10
7
7% Jun 13
4%
*lt)0
*94%
4Ai
98%
series
Roan
4%
*94
19%
series
Ritter
96
*94
5
ft/'
*/
*96%
4.50%
5
13%
12%
'A
99
3.60%
13
101
101
96
4%
19%
Preferred
12
21
39
*94
-5 ?.;>
Preferred
Jan
15% Jun 21
x3% Jun 23
July
29% July
Common
5% Jan
Jun
7% May
/
6%
41% Sep
3
24% Jan
Jun
28
12
—1
10
Rheem Manufacturing Co
Richfield Oil Corp—'
49
;
*96%
Aug 18
Mar 25
13% Jun 13
24% May
4%
Xl9%
CLOSED
100
19
50
98
107
EXCHANGE
No par
:7
96
*94
STOCK
100
2.50
com
13%
.*.
Reynolds Spring Co
Reynolds (R J) Tob class B
22
4
Dec
17 %
39% Sep
.
convertible preferred
5%%
13
3
102% Jan
15%
6% Sep
7(-
Jun
Dec
Reynolds Metals Co
3
42% Mar
Jan
17
26
85% Jan
50
94
103%
18
Jan
3
Oct
Dec
5%%
5% Apr
23
102
100
Revere Copper A Brass com__No par
5
34% Jan
Jan
prior pfd series A
conv
103% Feb
Sep 22
4% Jun 14
Dec
103%
6%
preferred
Rexali Drug Inc
2
98
41%
i
99% Jan
1
18% Jun 28
11% May
Dec
Aug
4% Aug
May
Apr
Mar
19%
91
Oct
102
Feb
110
50
'
8%
3,300
-
1,300
ft;..;..,: ft../.
.
'
18%
16% Jan
31% Jan
Deo
107%
Sep
113
39%
Feb
61%
8%
Feb
3
28
Jun
7% Jun
32%
Feb
31
Jun
13
67
Jan
139% May
87
Jun
13
58
Jan
101
78
Jun
9
8
Feb
79
Feb
Jun
13
Safeway Stores common
16
48% Jan
13
16% July
48% May
Sep
113% Feb
109% Apr 27
35% May 11
Jun
5%
St
3
42% Jan
91
26
Jan
25
Jan
19
j
Ry Co
Preferred series A 5%
9% Jun
14
12% Jan
7
25% Mar
22% Jun
14
30% Jan
12
39% Mar
51
May
46% Jan
6
62% Sep
13
Scott Paper
88
95
Jan
Jan
13
Feb
Nov
1
9% Jan
87
8
Jun 17
90
x96
xl03% July 13
87% Nov
93% Apr
78
12%
Dec
15% Jun
Oct
87
83
Apr
May
5
Jun 29
102
Sep
3
14
Jan
20
5
91
Sep
13%
Feb
26% July
13% Jun 28
18% Jan
13
7
44
Feb
62%
47% Jun 10
55
11
Feb
20% Jun
59% May
16% Jan
15%
35%
5
Feb
Mar
Jun
98
*95
90
*86
5
19% Sep. 19
54% Sep 23
100
14
337/s Jun
13
42 % Aug
18
Sears
Feb
48% Nov
9%
Dec
12% July
5%
Dec
94
8% May
Feb
11%
11%
11%
11%;
11%
12%
8,200
27%
28%
28
28%
28%
29%
233/4
29
9,900
60%
60%
60%
60%
*60%
61%
60%
60%
1,100
100
100
—
*87
101
v
94%
94%
943/4
106%
106%
106%
*1063/8
87%
87%
87%
87%
*87
*87
14%
t c__No par
*48
.....100
100%
13%
13%
*90
91
101%
13%
100 %
101
*13%
94%
101%
*100%
13%
94%
94%
40
106%
*93
106%
106 Va
560
88
*87%
88 Va
20
*100%
101%
90
13%
13%
600
1013/4
*13%
13%
90%
90%
~
91
91
91
90%
*90
30
15%
14%
14%
14%
15
15
15%
15%
15%
2,500
49%
47%
48
48
48
49
49 V//
49%
49 %
600
2,700
19
1
19%
19%
xl9
No par
50%
51%
49
50%
10
10
*9%
10
No par
41%
42
40%
41%
40%
41%
40%
40%
40%
41
18,100
5
Co
13%
13%
13%
13%
13%
133/4
13%
13%
13%
14
3,500
18%
19
18%
18%
183%
18%
49%
50%
50%
52
52 Va
54 Va
10
9%
9%
*10
10%
9%.
3,100
1,800
4%
43/8
*4%
4%
4%
43/4
*4%
4%
1,300
8%
8%
83/a
8%
8%
83/4
8%
8%
4,400
—No par
1
*83%
$4.50
preferred
Feb
79
'
Dec
Feb
10
83
May 18
$3.50
Dec
15%
Jan
8% Jun
13
10
Mar 11
14
Oct
11% Apr
8
14% Feb
10
Sheaffer
Feb
46%
Jun
30
Jun
13
39 % Jan
21
ilShell
Dec
7%
Jan
5
Jan
3
Oil
Shattuck
4
4
common
Shamrock
31% May
377/a Jan
Feb
77
94%
*105%
95
106%
'
13%
*90
11 %
8%
9
28%
4%
11%
61
4%
17%
Mar
11%
29%.
4%
68
12
11%
8%
40% Oct
27% Jun
22% Jan
—
30
l
101% Feb
Jun
—
26,200
1
13
24% Jun 13
21% Aug
—
7%
83
60%
Refrigerator Co
Seeger
11% Jan
77
73/a
*80%
Servel Inc
3
Jan
7%
83
Seiberllng Rubber Co
14
6% Jun
Jun
30%
Feb
7%
*80%
28%
5
&
7%
83
5
Co of Del
Roebuck
7
*80
14% Aug 25
6% Jan
7
4% Jun
Jun
104
24% Nov
30
9% Jun 14
Seaboard Oil
81%
.
No par
Seagrave Corp
4
7%
81%
7
7%
82%
Seaboard Finance Co
10% Sep
31%
14%
7%
*81%
■
1.75
preferred serle& A
7
150
90
100
27
14,000
98
*86
preferred
5% Jan
37%
*96
(The) common—5
36% Feb
.7,500
36%
96
pfd
com
38 Va
36%
90
♦94%
5%
37%
36
36%
*95
106 %
Seaboard Air Line
12,100
*86
No par
Oct
8%
9% Dec
Jan
9%
8%
96
No par
Co
5.100
9%
9
90
preferred
3.35%
45%
*95
Co common
Scranton Elec
27%
112%
45%
*86
Paper Co common
Mfg Co 3.65%
4.30%
preferred
26%
112 %
45%
9%
8%
9
35%
36%
27%
112%
443/4
96
1st
Scovill
8%
263/4
*111%
44%
90
$3.40 preferred
9
Jan
Jan
St Regis
9%
43%
43%
27%
111%
44
*95
$4
106% Aug 26
91% Mar 8
94% Jun 30
12
79
7
35%
44%
26%
111%
112%
*86
pfd 4.40% series A
Savage Arms Corp
Schenley Industries Inc—
8%
6% Jun
July
8%
A
27
26%
112 A
100
18% May
91% May
15 % Aug
35% May
77
43-
27%
113
t c
-100
Co—100
v
preferred
non-cum
113
t c__No par
com v
St Louis Southwestern Ry
5%
27%
5
100
—10
_—
Lead Co——
Joseph
St L-San F
12% Jan 25
122
preferred
Sharon
&
Gas
Steel
Corp.
Sharp & Dohme common
33% Sep
(Frank
(W
A)
Union
G)
Pen
Oil
*83
'/85%
84
84
27
26%
27
27
27%
27%
27%
5,700
22%
22%
223/a
23
22%
23
23 Va
23 Va
3,300
33%
31%
32
32%
32%
32%
32%
6,900
80%
81
80%
8IV4
1.500
9 Va
9 %
9
J
Co
Corp„
Sheraton Corp of America
6% Aug 17
-
84
26%
23%
32%
80%
No par
-No paj
_
84
27
22%
pref series A—No par
conv
86
27
-No par
*13%
15
36
1
/
6%
85%
*83
80%
33%
80%
*80
9
8%
8%
9
14
*13%
37
35 %
36%
35%
36%
6%
6%
6%
323/4
6%
6%
81
*13%
14
*80%
9%
9 '
9
14
*13%
35%
35%
6%
36%
7,900
6 Va
36%
6%
800
14
*13%
14
60
6%
4,200
i
•
,/-
Range for Previous
:
Year
ft-
/// Lowest
3%
Dec
Lowest
$ per share
36
Dec
44
15
Feb
32% Jun
92%
Feb
18
2% Jun
t
May :
97
EXCHANGE
4% Jan
12
27% Jan
7
Simmons
36% Jim
24% Sep
7
13
127 % Jan
7
Jun
20
-
14
Feb
25%
Oct
16% Jun 20
28
Dec
35%
Jun
19
Jun
14
29% Sep
Dec
39%
Jun
22 % Aug
3
31% Jan
90l
Dec
91
Dec
14%
Feb
90
Nov
98
Sep
15%
■
26
Jun
10% Jun
7
17% Jan
Jun
14% Jun
14
17% Jan
7
100% Sep
104%
Jun
3% Nov
5
May
97% July
3% Jan
8%
Oct
7% Jan
39
Feb
45% Aug
40
52
Jun
60
53% Mar
11 %
NOV
Oct
Mar
3
1'
,
3
16% Jan
11% Jun 14'
36% Mar
44
Aug
26% Feb
26
30
42%
Jan
36% Jan
7
Dec
25
25%
24%
25
28%
28%
29%
29%
30
No par
23%
23%
22%
23%
22%
23%
23%
103%
103%
STOCK
15
EXCHANGE
—20
103%
preferred
19%
;
Amer Gold &
Carolina
5%
E
Platinum
prreferted
5%%
Co
G
&
Southeastern
8%'
preferred
29% Jan
5
33% Sep
Feb
3
34
13
7
Southern
50% Jun
70
July
25% Jun
14
41-
Jan
7
45% Jun
1*
61
58%
Feb
Feb
05%
Dec
78
12%
Dec
20% May
7% Jun
4
Feb
Jan
4
Dec
03
Aug
73
Jan
68
Jan
24'
22
Dec
29%
Jan
21
Feb
7
8% May
20%
Feb
30% JUn
7%
Dec
14
5
74
15%
23% May
29% Jan
Feb
21% Aug
95
Nov
19%
Dec
May
104
Jan
Feb
27% May
109% Oct
97%
Feb
121
Oct
54%
Jan
73
Jun
367/a
Feb
53
Jun
Feb
r:
64
Jan
23% Feb
5
100
5
Jun
6% Jan
7
5
7
Spear & Co
Apr 13
v
21"% Jan
Jun
13
3
98 % Jan
3
89% May 12
39% Sep 22
133
Sep 16
4
147
Sep
22
70
109
Jan
$4
$3.50
$7
prior
Standard
60% Jun 13
74% Jan
7
Standard
Oil
of
35
jun
20
26% Jan^
7
Standard
97%
Oil
96% May
11%
Feb
15%
Oct
12
Jun
14
40
Jun
7
Nov
43% May
41 % May
X27
Jun
15
11% Mar
16% May
10
32% Mar
39%
97
35% Jan
3
94'
100% Sep
16 % Aug
0
38
Feb
30%
88
Feb
23%
Dec
12%
Feb
9%
jun
jun
30% May
16% May
44
Jan
38% Jan
6
8
24
7
3%%
Jan
24% Jan
Jan
18
41% Aug
2
100
3
9% Jun
13
50%
61%
61%
61
61
12%
11%
12%
12
12
12
12
*12
34
34
34
34
*40
17
31-
Jan
27
Sterling Drug Inc
3% %
preferred
Stevens
(J P)
Stewart-Warner
2
30%
29%
30%
29 %
30
30%
32%
31%
32%
13,300
59%
51%
3,400
No par
Stokley-Van Camp Inc
5% prior preference.
16% Feb
24
13
7
70% Nov
15% May
Dec
34% Mar
July
Jun
117
9*'
15
Jan
8
Jan
17 *
Jun
14
July
8
26% jun
16% Jun
43
36% Feb 14
For footnotes
July
see
page 28.
'
13
96
24%
>'
24
Sep
24%
24
24%
25%
25
25%
7%
7%
68%
68%
25 %
77/a
*68%
15%
15%
15%
15 %
1
29 %
29%
29%
29%
*105
20%
69
*105
106
20%
20%
*86%
68
20%
20%
*86%
88
,
35%
131%
131%
132
131
145%
146%
143%
146%
144
43%
147
145%
59,600
132
146 Va
900
3,200
67%
67%
673/4
673/8
68%
10,400
42%
42%
42%
42%
43%
24,100
14%
*99%
15%
*43
r
*43
31
30%
*10%
11 %
37%
11
38%
*98
100
15
45
*30%
38%
*98
110
38%
132
41%
15%
31
37
134
146%
8,700
88
88
■
39%
10
20%
66%
15%
38%
107
20%
68%
100%
31 %
11
700
2,400
42%
100%
—5
88
38%
15%
30%
*106
20%
*132
90
15%
*30%
106
87%
.
"
15%
8,300
;.
68%
41%
•
100%
43
; =
38%
68%
69
800
4,400
8
66%
68%
42%
35%
36%
7%
30%
20%
146
68
•'
25%
106
.
132
44
100
.,
88
87
36%
*100
25%
*15%
20%
130
!
25%
7%
300
24
,
29%
106
87
4%
72
24
*68%
A
15%
29%
*105%
106
3,100
*68
7%
.
68
29%
34%
—1
«
73%
*15%
-
*4%
4%
1,100
4
23%
72
'
7%
3%
25%
24
7%
12%
23%
*68
72
20
58%
*11%
3%
4%
4%
*57
12
33/4
3%
*68
72
50%
11%
100
45
"
.
*98
7'
V"
37
.
44%
200
;
*30%
31%
10%
11
37%
37
1,900
37%
C9
100
200
5,500
*43%
10%
10%
10%
373/8
12,700
16%
31%
*30%
30% i
38 %
31,100
15%
15%
*43
■v
'A 1
25%
100
*99%
45
15%
15%
70
253^
25%
100
*99%
i:
68%
69%
25%
25%
10%
■»:!
68%
69%
100
*98 3'4
99
//..
1,000
8,200
100
100
;_i5
28%
29%
28%
28%- I
28%
28%
28%
23%
28 Va
29%
6,800
—5
12%
12%
12
12%.'
12
12%
12%
12%
12%'
12%
3,300
1
12%
12%
12%
12%
.xl2%
12%
12
12%
20
i,
*17%
17%
17%'
17%-
17%
18
17%
17%
17%
18%
13
21%
223/a
21%
22
21%
22%-
22%
36
37%'.
'
13
8
38% Sep 14
7% July 27
52% Feb 10
21%
*24
3%
*4%
4%
*4%
*68
25%
100
Stone & Webster
29% Jun
18% Sep
6% Feb
■V
12
15,200
33%
53
*57
59
113/4
3%
3%
'
4%,
2
Corp
17% July 29
28% Jun
3%
72
No par
—5
«
13 % Aug
120
4%
1
common
4
Feb
3%
*68
49%
49%
*56%
*
68
3
Dec
11%
.
25
9% Jan
9%
17%
187s
57
11%
49 3/8
49%
57
12
25%
12% Feb 25
Jan
49
57%
*11%
69%
15% Jan
50% Mar
50
57%
1
25
Jan
118%
50
100
1
Inc-
1
3,400
30
"
21,000
'/vr.: 68
Jan
90
200
33%
25%
18% July
Jan
40%
41%
70%
18
11 %
40%
40%
25%
20
98% May
41
33%
69%
Jan
Dec
900
33%
10
Dec
6% Nov
34
40%
33%
25
Dec
Aug-
34
333/8
& Co Iiic_.
7
.1
800
33%
*39%
common
15
91%
40%
•
Aug 17
14% Jan«
10
34%
40%
Jersey
11%
16% Mar
34%
42
700
12%
32%
com—No par
New
Stores
35
61%
61%
39%
Steel
Bros
*49%
51
200
52
*50
50%
59%
33%
Spring common—1
4% convertible preferred
50
Starrett Co (The) L S
-No par
Sterchi
8%
8%
8%
52
59%
*49%
400
393/4
'
July 12
8%
20,400
32%
preferred series A
Standard
13,000
9
32%
common
of Ohio
Jun
9
4%
33%
No par
of California—No par
of Indiana
25
92% Jun
I3
100%
4%
61%
No par
89
Jun
100 %
4%
38%
No. par
28% Nov
Oct
8%
100%
4%
33
preferred
Oil
83/4
8%
8%
100%
39%
—
Standard Oil
14
1003/4
4:%
44,900
33%
preferred
13
4%
1,200
16%
38%
1
Brands Inc
Sep
100%
4%
12 %
16 %
32
preferred
43% Sep
100%
4%
12%
16%
40
Standard G & E Co $4 pref—No par
$6 prior preferred
No par
55
Jun 13
36% Jun 14
*99%
?■ 4%
I
190
12%
16%
33
preferred
Standard
>
100%
99
12
>
33%
;
Squibb (E R) & Sons
10
18% Jan
$4.50
16%
35
_No par
Sperry Corp (The)
Spiegel Inc common
Conv
99
11%
16%
38 %
common——.
Squar- D Co
99
99
11%
16%
32 %
Mobile & Ohio stock tr ctfs
$5.50 preferred—
Spencer Kellogg & Sons
71% Apr 28
16% Apr
6
30% Sep 22
106
Sep 22
99
*98%
99
12
16%
.
10
33%
Spalding (AG) & Bros Inc
Sparks-Withington Co
10% Mar 31
13% Jun 28
82
Nov
7
29% Mar 30
13
91%
Oct
17%
69%
6% Jun
17% Apr 25
86
9
May 7
25% Sep 15
22% Jun 13
29% Jun
79%
28
Jan
87
87
12..;
*40%
•
May
01% Mar
Jan
73
87
*85%
25
Edison—
66% Feb
3% May 233% July 19
87
87
52
Railway common—No par
5% n6n-cum preferred.--100
:
25%
*35%
*85%
87
40%
33%
Co
13% Jan
57
Sep 20
10% Jun 20
25%
1,900
*60%
Southern
33%
Pacific
8,600
25%
—7.50
Southern Natural Gas Co
32% Jun
May
497/a Jan
3
Feb
30% July
62% July
28% Jan
43%
California
29%
25%
No par
30% July
20%
Southern
500
29
'.'1 *98%
25
25% Mar
13
19 Vt
29
*25%
*12%
,
South Porto Rico Sugar com.No par
Aug 16
19%
28%
25 Va
98 %
8%
50
Greyhound Lines-
19%
28%
*49%
50
'
20
19%
25%
16%
x4%
900
27%
12%
*100
105 V4
1,200
19
16%
1
36,700
105
105
*19
400
23%
28%
25%
,
98%
com_4.50
preferred
conv
105
12 Hi
Socony Vacuum Oil Co Inc—_—15
Solvay American Corp 4% pfd—100
South
105
3 3/8
30%
19
25'/8
*85%
105
3%
25%
27%
28%
25%
.
19%
27%
CLOSED
100
South
105
3%
*24%
24%
23%
23%
Corp
*3%
3%
3,600
3%
24%
30
3
Shares
*29%
25%
29%
4.20%
preferred
100
Smith & Corona Typewriters-No par
22
4% Apr 18
9
Aug 8
50% Sep 15
62
Aug
8
14% Apr 20
39% Jan 10
45
i 3%
3%
3%
for
the Week
Sept. 23
$ per share
$ per share
25%
3%%
100% Mar 25
13
$ per share
*28%
Sloss-Sheffield Steel & Iron
7
5% Mar
20
_5
Smith
(A O) Corp—-10
Smith (A) & Sons Carpet Co com—20
8
23
83% May 21
95% Jan
3*
share
,
$ per share
Sales
Friday
Thursday
Sept. 22
No par
No par
Co
Skelly Oil Co
7
Apt
July
Sepl
Sept. 19
$ per share
'-7
>
PRICES
Wednesday
Sept. 21
Sinclair Oil
3
80
21% Jan
King Coalition Mines
$ per
SALE
Simonds Saw & Steel
24
88% Feb
Silver
16
27%
*
Sept. 17
v
HIGH
AND
Tuesday
Monday
Saturday
m
Par
6
18% Jun 14
Jun
LOW
STOCK
$ per share
May 31
28% Sep
Jan
160
22
YORK
NEW
Highest
$ per share
7% May
Dec
34
Since Jan. 1
Range
Highest
t per share
25
STOCKS
1948
12
62% Sep 23
120% Sep 21
11% Sep 13
17% Jan
13
21% Sep
13
49% July 13
common
>,
No par
Sunbeam
Corp
Corp :
Sun Chemical
Corp
22%
*36%
37%
1
common
preferred
series
Biscuits
Inc—
7%
ft
x7%
7%
*94%'
36
7%
97
12
xl7
7%
*17%
36
7%/:
/
*36%
7%
12%
17%;
37 %
7%
•
*17%'
'
22%
*36%
.
ft
4,000
'
1,300
17%
18% /
•
•
17,300
31,200
37n/4
900
7%
A 7%
3,800
No par
B
*96
_No par
Class A 4% % pfd
•
Sunray Oil Corp common
4%% preferred series A
4%%:
21%
,
$4.50 series A preferred
Sun Oil Co common—
Sunshine
1
No par
Studebaker
17%
18
62
100
*119
119%
11
11%
10%
11%
10%
11
11%
11%,
17
16%
*16%
17
16%
16%
*16%
17
19%
16%
20%
19%
20
20
20%
*20
20%
2,000
49%
49 %-
48%
49
49%
49 %
49
;
1,600
1
97%
62
:
25
*16%
;
25
20 %
49%
—12.50
60%
119
20%
49
>
.
*94%
.
61%
97
*95
97
61%
:
•
61%
61%
120%
119
61%
120%
*118%
120 %
*95
62
97
ft
62%
—-
j
1,100
120%
120 Va
80
11%
11%
18,900
48%
200
|
•'
•
•
•
i
Volume
COMMERCIAL" &
THE
Number 4841
170
STOCKS
Range for'Previous
-
>.
9
Dec
140
$ per share
Mar
13%
235
Dec
.-
11% Mar
<
Dec
31
Lowest*.
Highest
,
$ per share
8%
Range Since Jan. 1
Year 11)48
Lowest
44%
•*
127
jun
Jun
Nov /
16%
Dec
36%
Jan
8%
Dec
22
Va
Feb
26
Par
*
Sep
16:
Sunshine Mining
11
Superior
Oil
12
Superior
Steel Corp__i._
Jan
7
of
Sutherland Paper
PRICES
i._«_
Co—
25
9% Apr
26'
Sweets Co of America (The)__4il6%
14
32% Jan
25
Swift
14
12)
21
Swift
160'
9%-
EXCHANGE
10
17
:
io%
V
g
'
k
g
_
8^
-J
<
:
the Week
Shares
11%
30,800
1074
9%
\
-1
2,500
200
35
*34
R
300
158
974
35
*7%
share
per
♦154
974'
*34
8
$
■if,
159
VB >•'
y
?
1174'
*154
35
*7%
•-
111/a
:
9%
*34
: 8
i
-
11%:
160
?9%
35
35
$ per share
for
Sales
Friday
Sept. 83
Sept,
t
share"
11%
*155
9%
9%
.
'
-u%
159"
158
■
9%
35%-35%
CLOSED
$ per
,;$ per shares-
■
12%
11%160
STOCK
>'•«'
Sept. 21'
V
<
Thursday
Wednesday
Sept. !;0
$ per share
per-share
:__25
___50
7% Feb
91)
$
10c
_
California
27% Jun
Jun
Dec
..
.
SALE
Tuesday
Sept. 19
•
30% Jun
Jan
Monday-
(1207)
HIGH
AND
LOW
Saturday
Sept. JL7
Jan
36
CHRONICLE
">
STOCK
14% Jan
12 Va
168
15
8% Aug 30
Jan
28 Vb
Jun
YORK
EXCHANGE
.
$ per share
$ per share
7% Mar 25
Jun
19%
NEW
'
Highest«
.
FINANCIAL
g
g
■
1
700
'
17
,79
t
4% Mar
Aug
7% May
9% Mar
\
8% Jun
Dec
5%
&
Co
25
*
International
Ltd:
24% Jan
7
9
89
£
Sylvania Elec Prod Ihc coni__No par
$4 preferred
NO par
3% Jun
14
7
Symington Gould
9% Jun
14
2 % Jun
-
6
Jun
Mar
5% Jan
5 % Sep
19% May
13% Jun
14
17'A Aug 11
67
Jun
48% Jun
13
61% Sep
Texas
Co
15%
Nov ;
25% May
11% Jun
14
Texas
Gulf Producing Co__.
56
t
17% Jan
Corp
Feb
71 % July
19
Nov ■•.<■
25*
29
■; Feb
Jun
14
48% May
33% Feb*
65% May
36
45%
Dec
10%
Dec
*14%
Dec
24"-
51/4
May
Dec
14%
Dec"
46"%
Jan
12%
Apr
15% May
5%
:■!
Dec
Dec!
8%
Dec t
19
47%
Oct
17
Mar
Textron
The
.1% Jun 20
20
7
7% July 27
Jan
Feb'
59% May
34% Jun
15
45% Jan
85
Feb
95 %
84% Apr
14
90% Aug
4%
19%
Feb1
95%
Janf
23% May 19
35%- Aug 12
Jun
19% Jun
14
25% Jan
July
102% May
3
xl05% Sep
13 Vk Jun
13
104%
'/ITi:.- Mar'
Dec
2% May 23
Nov
32%
.
Jan
31%
1% Mar
19% Mar
23% May
'
55
-
May
Dec5
10 •
9%
13%
Nov
23%
Jan
32% Jan
6
98% Jan
13
4% Jan
3
Jun
20
1§
67/a Jan U 7
Jan
Dec
12
Jan
Dec
24
Jan
14%
59% Jun
1574
15%
4,900
65 1
64%
65%-
22%
22%
23%
43%
41%
43%
3,4
2,200
65
65%
4,600
-■•23%
23%
23,800
43 V4,'
44%
6.100
41
42
3%
167s
*16%
16%
8
34 y»-
-2274
5
14%
No par
Bearing
)
1274
13 tV
1474
*7%
V,
*90%
V'
3%T-
*105%
106%
400
-
no
■
3%
r
1,200
-V
900
3474
23%
.
10.700
.
10574
105 »/2
14%l;
14%
14%
3,700
37%
37% i 37%
4,500
14%
141/4
14%
14%
37 vb
37%
37%
37%. r
371/8
13%'
12%
12%
1274-
12%; 1
14%
141%!
14%- T
1474;
1474,'
*127'#
774
13% ?:
*12%;
I
500
V
91%
3%
23%
-
400
41%
-
34 %
34i/at
: 23%
i
8
*41
"
'
50
16%
8
2374
105%::
1,000
.16%
3%
34
5
^
1374
'■
14 v2
2
:
320
3%
91%/
--
800
'•
39%
*3'/a
12 Vb
37%
<.
*47(j
*3874
?
42
*90%
-
500
13%
16% C
*41
23%
105'A
10474*
*13%
141/8
145/a
37 %
34
6%
3%
*16%
•
4,100
30%
J
4 74 a
)
c.
?7%
41
2274
6%
30%
: 674
*4 74
91%
*3274
674
*3
8
.
1474
*38%; '39%:
*374i >u"374
:
34
10474
106
*105
No par
"
3%
23i/a : •-
3274
23%
*7%
*9Q'A-
147a
13%;
16% 1/
40 y2
91%-
*3%
374
3%.
774
4074
23%
-
-/:
774
*90 'A
14%
*13%
3% /
V.
9%
30 %i
38% /
*2%
16%
4074
;
-
'
9%
30%
474''
38%
3874''
*2%
34%
10
474
38%
3%.
90%
13%/.:
400
974
-
"
5
i
3074 f
*1374?
47/a:
4%
5
674
*
v
41%
97®
14%
*30 »/4
13%'
3874-
90%
T-No par
r
i
14%
*6%
6%-
3o%-
43%
*39%
9% I
*14%
*13%
13%)';
*774
No par
"
6%
4274
42
x9 Va
14%
30%
30%:
5
//
9%
14%
67/8
*40
41%
9y8-
:■
14%-
100
com
;
9%
41%;
1
No par
Corp
*127s
77'a
common
Coal Co.
±
Twin
Coach
Co
2174
3534
par
•
12%
110
12%
)
1474
15,600
14%
27
27
50
:
13
1041/2
7%
-8i/e
•:
»«.
.„
8%
104
105
105'A
10
10%;:
lO'A
10%
10%
5,100
21%
21%:
21%
21%
22%
3574
36V2
100 i/2
27-
36'
!i
*35%;
100%?
*99
*99
7'
7
7
27
27%-
271A
5
4%
36%
3574
*99
100'A
7
:
7 '
*
*27
950
-
3,100
,
13,000
v:
35%
i
-500
:
100%
,
"
7
7
?.
25,900
,
10%
21%
7
:
104 %-y
*1274
:
2174
v
*99?
7
,,
774
i
13%
10
*3574
3574c
7
par
8
103%
104
97/8
21:
100'/a
*99 V2
par
/
8
103
10%
21%
par
13%;-
7%
,
104
10
5
1,800
2774'
*2674
27%
120
5 Va-
5%
5%
2,200
'
4%
5y4
5'A
i—1
—
8Va,
103%
■
*12%>
13»Ar
No-par
Century Fox Film com—No
$1.50 conv. preferred.
No
$4.50 prior preferred
No
Twin City Rap Transit com—No
5% cmv prior preferred
29% Mar 14'
.4% Jun
32%
Dec
15%?
41%
*40
42
1678
20th
7% Mar 14'
Jun 7
5%
15%
43%'
9%
41%
,
preferred
Truax-Traer
102% Aug :12
8% May
36%
$6
,
13:
100% Jun
15%
21%
1
15
^
preferred—».—
Tri-Contlnental
24% May 16
36% Aug. -8
Dec '■
24,100
va
•
23
3
60%
64
No par
Transue & Williams -Steel
13
19 y8 Jan
5974
65y4
*13%
4
8% Sep
900
59%
22%'
Transcont'l & Western Air Inc.—5
15% Jan
5'/®
16%
5874
21%
67»
Transamerica
105 % Sep
11
59
64%
*14%
=
10
11
6% Feb
*10%
*
1,700
574
43%
lft % Feb
13
4%
*16%
22%-
No par
CThe)_
Corp
79
5%
65%
*2%
Roller
'
474
16%
15%,
"40
19'
9% Aug 30
,
25% Mar
Jan
24
Timken
11
5
15%-
«
13 % Sep
4'
78%
16%
22%-.
16% Aug
19
18
;•
4%.
*1074
15%
30%
Timken-Detroit Axle;.
10
98% Feb 40
19% Aug
17% July'
31% Dec ■
4%
Jan
,11% Jun
Apr
107% July
12% Mar
92
Jan
10s
10% May
Nov*
96
10
Jan
Jan
$3.75'
8
:
:4%
.
4%
16
,*38%
-
.
11
474
4%
58%
1
preference
43% Mar 30
37y8 Sep 20
22% Mar
15% Novi
5% Feb
19
$3.50
*10%
11
59%
No par
Tide Water Associated Oil com
21
7,400
320
58
50
preferred
,
Thompson-Starrett Co
18i/a
'■7
:
*78'Ac 79
16
Transit Corp_Nopar
Co
18%
79
''-4%.
4%
16y2
common
Steel
17 % -
17%
*78
c.
65%
1
4%
2
4 Va Aug 15
Jun
15%'
50c
Thompson (J R)
i
Thompson Products,- com
7
13,800
16
preferred
Avenue
Thpmas
6
Mar * 9
9
39%
60%
100
Ry .Co
preference
Co
$2.50 conv
IThjrd
8!
10%
3,700
*
»
(
Thermoid
19
7% Jan
10%
■>'10%
11%
597®
10
Fair
1074
4%
conv
conv
101%
*15%
No par
Common___
$2.40
10%
17%:
•
4%
4%
preferred
No par
Thatcher Glass Mfg .Co common___5
22
6% Jan
Inc
29%
18
16%
ctfs
Pacific
&
$1.25
x39% July 18
2
14% Jun
Texas
T
7% Aug < 4
32% Aug
5
13% Aug 12
19
share
3
15% Jan
4% Jun
Jan
Sub
Apr 25
Jan
11% Jan
35
Jun
10%
48
46
23
Jan
24
-
7
16
4% Mar 21
;i3% Abr
Apr •"
7%
Pacific Land Trust—
29%
79 % 7
4 %
>10
Sulphur^
2974
10% •
79
16 %
Pacific Coal & Oil
13
25% Apr
12% Jun
10% May
:
34%
Gulf
Texas
Jun
13% July 12
Jan
25%
Texas
7
8''Jun
20% May
-
14
66'A Sep
23% Jan
14
16ya Jun
Oct
*10%
-
Texas
47
29%
/•' 17%
.
—5
Nov
29%
4%- -■-JrV*
-5
52
1
18%-
80%
4%
„9
Corp
Tennessee
14
18%'
25
Telautograph
22
14% Mar
29%
10%
107A
11 VB
80 %-
l
(James).
Talcott Inc
liyaAugl8
Corp.:
29%'
29%
29%
10%
17% Aug>5
-
29%-
•
76% Sep
11% May
3%
Feb
5
5
U
9%
9% Mar
16%
39% Jun
17
Udylite Corp
Underwood-Corp
-No par
Union Asbestos & Rubber Co_
5
10% Feb'
Jun
17
33% Jan
13
Feb
37%
Nov'
.43% Nov
Oct
110
Jun
107
91
Feb
98
Jun
94
Jan
13
80
Nov
90
Jan
86% Jan
7
21%
Feb
13
Nov
38% July
96% July
25% Jun
70%
73% Jun
14
103
45%
Sep
"51% July
48
31%
Jan
41% Jun
Jan
31
//■
$ per
103% Nor ;
110%
36% Jan
•
Lowest
,
104% Jun
Jun
109
14
3
19
Jan
23% Oct
Dec
15%
Sep
29% Jun 13
38% Jan
3
35
Sep
16
2 "A Jun
13
3% Apr
United
18
29% Jan
6
36
55
Dec
40'A Jun
Jan
13
2'/a
Feb
3% May
2'A Jan
3
4%
Feb*'
9
3% Jun
24
60
Dec
1674
Feb
May
82%
45
Jun
22
14 % Aug
Apr
-2ay2 jun
2
37%
Jan/
4674 Jun
34% Jun
48
Feb
58% May
x44% Jun
<
Dec
23
Dec
May
:■
Feb
92%
Feb
113%
Jun
166 y2
Nov
179
Jun
8
Dec
United
Gas
15
United
Mercb
24% Apr
13
United Paramount Theatres wi
Dec
76
42%
Dec
21%
11%
Sep
7%
Dec
Feb
185
6
Jan
49
Jan
58
Dec
82
.92
29
Apr
Jan
112 % Jun
37% Nov
58 va
Jun
36 ya Jun
28
17%
:
••7
72
i
8%
85%
2%
129% Jun
140%
Jun
Feb *
19%
Jan
38% Jan
6% May
4% Feb
Dec
98%
Jun
6%
Jun
22
Dec
34
Jan
16
Feb
20
80
19150
10%
Mar
;
7%
Dec
Deo
42
23%
Feb
Feb
:
Co
170
4
15% May
,70
May
10% Sep
14
17% Jan
19% Jan
;
9% Sep
25
17
156
:
Mar
5
Feb
10
.43% Jan
3
7
;
„
2
Sep
1574
15%
15%:
*3874
"3974
*3874-
Leaf
Tobacco
50%
48a4
17%
Universal
17%
17%
4%%
preferred
17'
Dec
27% Oct
15% May
8% Aug
8
Feb
26% May
20% Jun
14
9%
21%
For footnotes see Dasre 2fl-.
Jun
28
25% Apr
25
11% May 13
24% Aug
19
'
2,800
700
34
*
*34'
35
*3374
35
100
274
274
3
274
3
7,600
4 6',4
46%
47
4
4 »/8
•
7
55%
1574
.
: 3974
*39'
.
48 3/4
1578:
1774
1774
56,900
1,300
..7
200
54
*1574'" 15%
15%
;
4'A
7
53'A
55*';
,
280
4 74
4%
71/8
.
47 %
46
900
'
-
3874
400
51 '/a
11,900
1774
18
77,200
24%
1774
38%
50%
*3874'? 39
.50
5074
4974
17%
7
X53%,
J
2"'%
24%
10,300
12%
131/4
1274
12%
17.400
*22%
23%
22 'A
22%
*22
23
*22%
23%
*2274
100
*21
2374
23
*21
23
*21%
2374
*22
23%
2374
25%
25
25%
14,700
r^
t'*
26
2574
*21
24%
*97
*97 ■::*
98%
13%
1374
97
96'A
*
774
14%*
1474'!
15
14%
*8 »/a
8%
*6074
6174
61
2514
2574
24%
33%
3474
124%
125%
123
3974,
4074
39
69%
6974
69%
92
25%
*90 74
•
'
\
21"
.?
pfd^_5
*25
50
1
*
I
comJNo par
2474
25'
169
^
974
1
91"
J
25
1074
-..,.
..
(
■
-
57,
v
*8% '
2374
18%974
24
374'
.
8%.;
1,500
45'A
61%
900
2574
5,600
*8974
92
7°«
.
:
-
'
.
■ :
{
*•'i
:1 •'
*17%;
*8%'
*23%
1074v
*865/s~
''374C
3Vi
"
,4,600
800
66,600
23%
-436 Vb
•2074
2.100
-
2.500
2074
130
43
<43
,
"
>
*574
5%
600
10%
.
10%
9T
~
1074
4,100
*86%
91
374
.3%
1434
*14
147s
*14
>
•
5,600
300
*2474-. 25%
••
874
24
168
9
9
87k
9
*2374
2474
168
168
*5674
18; ;
974
1474
200
8%
d'/a
31,300
*2374
24'/2
168
•1774
58
*5674
800
100
168
974
■""•■"9^
58
*5674
57
.
136
2574..
24
>
51/4-
2,070
3774
*24
168
9
43i%
14,000
123
36%
2374"
.
13674-
*43
>5
12174
6974' 69 %
2074; 2174
.
34%
3374
34%-
25
'
;
18*
...
*14
170
9^ 7
1
'
25
2474
*168
1074
374)
7%-:
24%
9%
I *56%.. 57;
574
'
14%
7%:
:
4374
*86%*" 91
/
:
100
4,400
25'A
25%
2 3 74
23 74
2p74
574
3%
14%
169..
C
2034
5%
25-
.....
v
774
7 741
1474
*874
'70'
135
13474
*42%
43
,
70
2374 '
13374
2074
'
3V*-
13=4
13%
'
1
22%
22%'
*86%
'
334
-
70
"10%- 1074
10%
26
,200
1,400
147445
123% 12374 '*
39
.3974,
3974
*68
*5'4-
91
-
*39
135'A
2074'
574
34
3374-
123%
123
r
6974.
.
"43
43"
10'A
/
4742 074
*61%
*8774 792
92
40
-12074
'
>
61
»
1,800
2474
43a-
8%
25%
,
920
20 74
45%
61
-
25%.
3274
124%
22%
574
61
*8974
32% -33%
133%
43
2474
92
*8%
45%
-
2,600
46%-
'
23%
25
—1
6074
*4474
8%:
4474
'
-61
14%
-
24%
20'A
>-14%
8%
874
4674
474.
19%
.
100
185
185
•
24%
4%
47{,.
*874
8%f,
4474
*44%
40
700
5.800
9 "
24%
1474
1974
:
14
99
46%=:; 4674
24
,
;
14
9774
185
*874
1974
14%^
45
2374
1974
19%
*90 »/4
-*4%-
-
97
*96
C
98%
*182
8%
2374
4%
97
14-
13 74
96 74
46%
>
c
'
,
183
8%
45-74
20
19%
45
"t:
*4-
/'•
4%
183
8%
45i/2
23%
24.
96
185
*4474
*96 '
13%
9774
8
774
45%
*874-
97
96%
185
186
*183
•97
,13%
13
25
25%
1374
95%
"
24%
981/2- '.:
-
13%
12%
12%
12%
25%
24 '/u
23%
23%
2»%
23%
5
Vanadium Corp of America—No pat
Van Norman Ct»
2.50
Van Raalte Co Inc
10
6 '/a
32
:
13%
V
Feb
70
106
6 74
32
"
13
I
14%
1,700
32
67/8
1774
1 36 74
Pictures Co Inc com
25
; 106
6%
;
100
24 74
106
,
77
231/2
1
1
1
100
6
8 800
13%
32
15%
49%
"
2274
preferred
;: V
300
108
.
-
4
39%;
50%
3%
8%
5%i
-4.
74
*74
25%
•
5,200
;
32
'
135 74
conv
: 2474
;
*107
77
*105
;55>A
15%
*86%
preferred
conv
26%106
Shares
22 ye
.13
13%
-
Sales for
the Week
$ per share
2174
109
*741/2
v
56
50-
preferred—
Stockyards Corp,
1,700
Sept?. 23
!
22";
*107
i.
674
56
100
Co com
2,700
32
Friday
Thursday?
Sept. *12;,
.1274
574
474
63A
58
'
4,100
»
?
*46%
47
4I.4
.:
774
7
No par
non-cum
Universal
20
4'A
4%
31%
21%
"
56
10.600
31%
50%
*3374
2%
274
461/2
„
,
No par
common
Universal Laboratories Inc
170
Jun 14
10% May 18"
57
47
•10
>50
81
t
321/a
76
32
34
2%
10
100
50
common
preferred
Universal-Cyclops Steel Corp
23
25% Sep
4674
31%
80
V. 49%
12%-
106
V
3274
34
3
'■
92
5074
$ per share•
107
2*4%-
5%
.
V
,
217®
*74
106%.!-
5%
*31 Vz-
35
No par
$6
4%
7
3% Feb
106
United Wall Paper Inc common—2
—
13
25-
:
10
20
10
1
100
1st preferred
United Stores $4.20 non-c 2d
14
25
*105
274
1
preferred
United
Jan•;'• 8'
25% Sep
Corp
Tobacco
7%
16'
4
8
Jun
Jun
U S
2
87% Sep
:
Apr 29
Steel
3
7%
26
12 % Jun
May
U
74%!
32%; 3274"
95%
*91
32
$ per share
1274-
74%.
*34
::
5074
,
Wednesday
Sept. 21!
107 *
107
7574
574'
82
32 'V
217a
12%
*574
31
...
21%;
26
*105
No par
Ref & Mln com
preferred..
7%
5% Aug 12
24
Co
2iy®
12%
"4-
Plywood Corp common
3%% pfd series A
r
13
26
CLOSED
/
'*
31%
'80%
50- iiv-
6,300
24,400
111%
*93%
.
,
-:31s
8174.
<
92
2,100
-
HIGH SALE PRICES
AND
,107
'
31%:
7974
•*111
9574
;
2,200
..
-
40
39%
39%"
*01
: :
.
11174
*9374
92%;
3074
■
Sept. i-d'
,
9274
50
■•-$ per share
..
21%
107
/•
-
Tuesday-
share
2374
common.
non-cum
31%'
No par
preferred
Rubber
3D
No par
S
S
3374<'
100
common
U S Smelting
18
Mar 17
Feb
121
Jun
•4
Co
50
*4414
Pipe & Foundry Co
Playing Card Co
8%
21% May 19
2% Juni 29
.
U
21 '
.44% Sep
3
8% Junf 14
12% May.
Dec-
Dec
U
26'
Jan
140% Jan
4
*
U S
24% May 14
8
18% Jan
42% May
U S
Aug 11
Jan
72
13
64% Jan
Apr
Nov
4% Mar
Lines
S
4% %
18
46% Apr
20% Jun 13
37
U
287
43
13
129% Mar
Leather
S
Partic & conv class A
21
133
31% Aug 12
137%
Dec
com
preferred
U
Jan
EXCHANGE
28
100
U 8 Industrial Chemicals
14
61% Aug 18
25% Sep 16
3
Dec
63%
4%%
27
8% Apr
12
19% May
May
49% May
Dec
7%, preferred
S Hoffman Machinery
23
49% Jan
13
Jun
52% Jan
July
94
Dec
U
16'A Aug 12'
3
19'
7% Jan
38
37% May
37%
Gypsum Co commoa.
S
8'1 %
50
*7474
STOCK
No par
No par
No par
'
22 Vb
86
U
Jan
211
13
1
1st preferred
5% Jan
13
11% Jan
53% July
w
Freight Co
1
57
May 25
17% Apr 28
15% Jun
interest
Foreign Securities
S 8s
$4.50
24
;
Inc
24% Sep
43
3% Jun
Sep
8% Jan
Mfrs
U S
8
10
v
121
U
14
May, 17
17% Jan
Jan
9% May
39%
26% Sep
100
7
18
6% Jun
175
Jan
36
Mar
of
Certificates
104%'jan -26
Jan
17%
23% Apr
13
Jan
8%
20
x89 % Jun
Jun
Dec
Dec
Jun
28
17% May
4%
6
&
31%//
80
1274
Corp————10
Improvement Co—13%
United Gas
23
6
12% Jun
24% May
19 va
54%
7
3074
5078
•/:
3974
*111*
,
*93y2 .9574/
9574-
92%/;/''
92%;
31%*
107
,—No par
13% Sep
July
share
Corp—No par
18% Aug/8
94
Jun
101
54% Mar
7
18% Feb 11
32% May
Feb
Feb'
Aug 17
*937/3
:
-
42%
.
11174; 111%
111 74/.v
*111
si %
21%
No par
24% Sep
19
15%
:
*
3
39%*
39%-:/'
3874
:
Sept. 19*
common—10
24
.
19yaJun
16%
40
22
18% Feb
21'/2 May
89
22%: Jan
$ per
' Par
:.
9% Mar 23
.16
1874
11%
7% Aug 19
65 K Jan
7
3874*
$ per
Cig-Whelan Stores com—30c
$3.50 convertible preferred
I0o
United Corp (The)
1
United Dyewood Corp common
1
7%" preferred
,
100
United Electric Coal Cos
.
5
United Engineering A Folindry
5
United Fruit Co
;
No par
"
25
Monday
-
Unite
47% Sep 23
4% Aug 31
2474
93
Saturday
——No par
Corp
10
Fastener
25
32%'
Sept. 17
Co.
Carbon
United-Carr
2434
9574
Carton
&
24%:;';
501'8-
100
preferred
Board
United
24 7'8
LOW
preferred
$4.50
12
25?
80 3 4
a
United Biscuit of Amer.
21
7% Jan
July
38%
Nov
Dec
41
106-
28
Inc
Lines
24
•=
,///>
Air
4%%
Sep 14
>
25%
2,100
11%
31 Vb
Aircraft Coyp common——5
convertible preferred
IGo
United
8
5% July
Feb-'
Feb
2%
4% Jun
Aug?
27
19% Feb 16
103
Jun 27
Jan
5%
Mar 24
77
...
'
United
14% Mar 29
13
61% Jan
:
$ per share
26%r Mar 30
20 % July 15
11%
/
43
1174
*93%
EXCHANGE
v
.
,
4274-
1174v
*92-
RR Co
NEW YORK* STOCK
*
Highest
42%
1174 '
391/2-
com.—-—50
preferred-;
50
Tank Car Co<_
No par
'
1
974
-42 0':
11%
11174'
California—.—4—25
of
o%
?
42
H%-
39
non-cum
Union
Range SiriCe Jan. 1
10% Jun
29
Oil
Pacific
4%
5
90 y2 Mar
27%
Union
Union
15
-19% Apr
6%
14
21
51% Feb
Nov
NOV 7
Preierred
•:
9%
42 '/4'
11%
*111
pfd $4.50 ser__No par
$3.70 series
No par
$3.50 series
No par
Preferred
5
16
Apr
57%
9%
13
Aug
32% Sep
89% Jan
$ per share
share
30% May
Dec^
Jan
94
Mar 28
V
Highest
$ per share
'22 Va
94'
974
42
12
2474
Un El Co Of Mo
Aug 30
974r:
9%
9%-
44% i? -; >
1174
Bag & Paper Corp.^__No'par
Union Carbide & Carbon.,—No par
'
Year 1948
1
112
6
9%
4374
Union
STOCKS
Range for Previous;
Lowest
'
12
12% Apr- 6
31% Jan V/J
42
Jan! 7
8
19% Jun
39% May
27%
Jan
9%
9i/2
——1
(The)-
10% Mar 17
46
8% Jun 14
--
39
9ya
3,200
60
58
■' *
'
17%
16%.
9'
2374
•
"
23%
24
9
24
18%
•
9%r
24
1874
8%
24%
18'A
•
9
24'A
poo-
1
700
1,500
28
COMMERCIAL ;&
THE
(1208)
YORK
NEW
Range Since Jan. 1
:
Highest
Year 1948
$ per
NEW
Lowest
Highest
Sper share
STOCK
CHRONICLE
LOW
$ per share
share
STOCK
YORK
Saturday
$ per share
Par
t per share
^
Sept. 20
Feb
16
13% Jan
6
Vertlentes-Camaguey Sugar Co_6%
11%
12
20
Jan
3
23% Sep
23
Vick
23%
23%
85%
Dec
94
May
85% Mar
5
89
Feo
10
86
Feb
95
Jun
85% Jan
5
90
Feb
1
Vicks Shreve & Pacific Ry com_100
5% non-cum preferred
100
48%
Jun
33% Jun
17
38% Jan 26
Victor Chemical Works common—B
32% Dec
oct
««
98% Sep
7
91
Jan
5
Jun
6
82% Jun
96% Apr
17
7% Mar
14% July
Feb
124% July
14% Not
18% May
15% Jan
109
117%
Jan
15%
Dec
14% Jan
Jun
23
V
113% Jun 29
Jun
27
Not
38% May
34% May
24% Deo
39% Apr
25% Jun
25%
32%
23% Mar
28% Deo
29%
Deo
29
29% July 27
Jan
14
5
Maris
30
32% Jan
Apr
3
July 18
118
3%%
15
11% Jan
3
03
2.50
Co
Chemical
6%
18% Sep
'
19
Virginia
Feb
14
preferred
Va Iron Coal & Coke 4%
118
share
Shares
12%
12
12%
2,200
*23%
233%
22%
233/4
2,400
•<
$ per share
12
12
*23%
S per
89
*85
89
86
86
*85
89
*85
89
*86
89
*86
89
*86
89
*86
89
36%
*36%
363/4
36%
99%
*97%
99%
*97%
40
89
36%
36%
*97%
36%
♦97%
99
7
36%
36%
99%
*97%
6%
7%
6%
6%
7%
7%
99%
7%
73/8
400
36%
7,000
7%
800
10o J
10
100
pfd
25
*17%
19
18%
17%
17%
*17%
19
*17%
19
Virginian Ry Co common
6% preferred
Vlsklng Corp (The)
Vulcan Detinning Co common
6
8
30% Apr 30
32
partlc preferred
28
28
•28
28%
28
28
28%
28%
27%
27%
*27%
28%
400
31%
31%
31%
31%
31%
31%
31%
317/s
31%
900
31
900
Elec & Pwr Co com
$5
23% July 14
32% Jan 12
33% Apr
31% Sep
dlv
for
the Week
SepC'23
23%
$ per share
12
12
23%
Sales
Friday
Sept. 22
•86
100
preferred
21
22%
Thursday
Sept. 21
•85
Va-Carolina Chemical com—No par
21
Jan
•11%
PRICES
Wednesday
$ per share
Sper share
15% May
29% Jan
10
Dec
% July
SALE
HIGH
Tuesday
10 Mi
12
AND
Monday
Sept. 19
Sept 17
EXCHANGE
Monday, September 26, 1949
RECORD
STOCKS
Range for Previous
Lowest
FINANCIAL
7%
Apr 26
91
92
17%
18%
115%
115%
31%
8
•31
20
20
preferred
•27
*91%
17%
115%
*17%
30
32
18%
18%
17%
115%
115%
18
116
92
115%
30%
30%
31
92
30%
94
93
115%
3i
150
115%
*30
50
28%
•27
28%
*27
28%
*27
28%
*30%
32
11,800
18%
18
18%
115%
*27
28%
•30
93
92%
93
32
*30%
32
*30%
32
*30%
32
47
*47%
48%
W
'
'
57% Aug
86
15%
45
,35% Jun
Dec
28
105
100% Apr
6
60% Jan 28
Wabash
Jun
30
14% Sep
Waldorf System
13
31
May 19
21% Jun
1
6% Jun 29
Jan
Jun
12
25% Jun
Jan
12% Dec
105
101
Aug
'
13
Aug 11
Jan
Jun
14
>83% Mar
101
Jun
x87%Jun
9% Not
14
May
9% Jan
14
3
95% Sep
12% May
32
22
13% May
8% Feb
xl2
16% July
10% Mar
>
Jan
18% Jun
Jun
14
25% Feb
22% Jan
20% Jan
34% May
27% Aug
: 23% Jun
27
25
12%
Dec
20% May
11% Jun
16%
Dec
22
13
Deo
Sep
30% Jan
16% Feb
3% Dee
6% May
Not
22
>19% Not
<
4%
8
26
'
Feb
;
13%
15% Jan
25
Sep 23
107
Apr 18
113
Jun
105
Apr 25
108% Jan
14
2
4
14
35% Jun
Sep
7%
17% Jan 20
West
5
Feb 24
7% Apr 11
41% Mar 12
Western
12% Jan 20
Western
4%
6
68% Jan
May 31
21% Jun 13
20% May 31
17% Sep
23
34% Jan
7
90% Jun
3
99% Sep
98% Feb
15
104
19
Aug 11
16% Sep
21
17
Sep 23
21% Jun
7
26% Jan
11
Mar 30
114% Sep
12
40% Jun
115
July
57% Oct
Jan
102
Jan
71
27% Feb
31% Not
28% Feb
Feb
19% Jun
.7% May 31
6
7% Jan
8
x42% Jun 22
56% Jan
70
Jun 21
19
Jan
10
Jun
18
Jun
14% Jan 14
>138
Jan
128
37% Oct
22
Feb
49%
41% Not
13%
23%
24%
24%
243/8
24%
24%
30,900
22
32
106,000
115%
115%
115%
115%
115%
115%
115%
115%
1153/4
115?s
116 Va
116%
1161/8
1,970
111
111
1,150
111%
111%
100
100
100
100
100
0
15
6
Mar
Deo
116
STOCK
12% Mar 10
107%
*104
105%
13%
107%
1073/4
*107
108%
6%
63/8
6%
6%
6%
63/g
6
6%
34:%
35
35%
Elec
(The
27%
*65%
68
68
*66
68
Prior
♦111%
1,291,050
Total
6,365,930
*111%
115
•111%
of shares
International Bank
Foreign
—
Railroad ft Industrial
Total
*1111/2
400
115
37%
37%
100
27%
28
28%
28%
29%
33
33
33
33
33
10
10
10 %
3,500
4%
7,300
34%
26%
33
36
353/4
78
Motors
com
26%
*32%
*32%
33
9%
9%
9%
93/s
9%
9%
9%
1
43/4
4%
4%
43/4
4%
4%
4%
48%
X48 %
48%
37%
5,500
160
79
78%
'
28%
33
49
47%
48
48
4%
4%
49
49
600
49
2,200
10%
3,700
11
10%
10%
10%
IO3/4
10%
*73
74
73%
73%
733/4
733/4
*73%
76
*74
76%
10
*10%
11%
11%
11 Va
10%
10%
*10%
11%
*10%
11%
400
10
18 Va
183%
17%
18%
18%
18%
18%
183/s
18%
18%
4,400
No pax
10%
No pax
180
Co
*138
10
26
26%
10
Co
48
48 3%
142
*138
26
25%
253/4
47%
47 %
47%
13%
13%
13%
68
*673/4
69
70%
*69%
70%
77
13%
11,600
14
14%
2,000
68
*68
72
68
110
*69%
70
460
*
•
68 %
72
10
71
68%
68%
77
76
76%
76
76
77
77
77
77
10 %
10%
10%
10%
103/4
10%
10%
21
207/s
21
203/4
20%
*20%
21%
800
10%
1,900
10%
10%
10%
21%
213/8
21
10%
103/4
10
10
10%
10%
36%
363/4
363/4
37
37
21%
21%
*203/4
21
21%
21%
643/fl
65%
63%
643/4
633/8
65%
*11%
113/4
11%
113/4
113/4
11%
No pax
26'/8
26%
25%
26%
25%
1
3%
37/s
,'t 3 Va
3%
filed for company's
500
46%
14
70
36%
petition has been
26%
45%
68
70
71
*67%
133/4
68
69%
69
200
*25%
47%
69
13%
*67%
•
142
*138
26
47
70
10%
10%
142
*25
48
13%
*68 3/fe
*138
142
♦138
142
*25%
68
4
reorganization.
fiEffectJve Sept.
23,
name
103/a
10%
10%
600
5,500
400
38
38
*37%
21%
21%
*21
21%
800
65
65%
64%
65%
9,400
113%
ll3/4
12
12
1,100
26 %
26%
27%
267/8
27%
3,800
37/a
3%
3%
3%
3%
2,000
was
*37%
changed to Shell Oil Co.
a
Deferred delivery.
Ex-rights.
Exchange
Transactions at the New York Curb
TotaI
Stocks
Government
Bonds
Bond
(Number
8alee
Bonds
Week Ended Sept. 23, 1949
$2,654,500
$7,000
3,288,000
$10,000
2,692,500
3,131,000
2,459,000
$10,000
$14,225,000
Jan. 1 to
$7,000
Exchange
Daily, Weekly and Yearly
United States
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Bonds (Par Value)
Domestic
Foreign
Government
Foreign
Corporate
Total
Cosed
—
$24,000
81,000
$171,000
320,735
130,000
54,000
8,000
192,000
318,600
111,000
29,000
346,260
64,000
13,000
77,000
347,605
146,000
20,000
166,000
1,676,990
$597,000
$140,000
343,790
Sept. 23
1949
of
Shares)
—
Total
$146,000
Week Ended Sept. 23
1948
1949
1948
140,000
$9,000
$746,000
Jan. 1 to
1949
Sept. 23
1948
*
6,365,930
4,131,670
170,905,599
221,867,187
$10,000
$20,000
$410,000
$852,500
7,000
23,000
1,188,500
862,000
2,254,000
66,543,270
3,693,000
63,310,680
11,954,000
12,392,000
499,332,100
707,399,800
$14,225,000
$13,623,500
$567,147,370
$775,255,980
..
1,676,990
1,204,510
41,451,997
55,825,511
$597,000
Stocks—No. of shares.
Bonds
XJ. 8. Government
115
400
24%
273/4
Closed
Week Ended Sept. 23
1949
1948
Stocks—No.
24%
26 3/4
1
36
I
$587,500
$2,254,000
36
36%
115
24
1,600
28,100
20
Radio Corp
Products Corp
foreignBank
$11,954,000
*111%
*233/4
3,600
13%
ft Towne
Int'l
2,087,000
115
25
Daily, Weekly and Yearly
646,000
308,500
340,000
372,000
24
*23%
320
17
'*13%
Co
Transactions at the New York Stock
-
24%
24
163/4
13%
Zonite
$2,067,000
2,625,000
2,384,000
2,791,000
163/4
13%
Zenith
1,297,200
1,345,280
1,148,230
1,284,170
16%
13%
7
•
102 5/8
24%
133/a
4% Jan 15
Bonds
97%
*1021/4
25%
133/4
32
Railroad
97%
102%
16%
13%
4%%
y
98%
102%
13%
34%
York
or
24%
*97%
13%
preferred
prices; no sales on this day. fin receivership,
Special sales.
wdWhen distributed,
x Ex-dividend,
243/4
98%
1023/a
*98
27%
*.
$4.25 preferred
asked
24%
*26%
com
Wilson & Co Inc common
6%
24
pfd series A—No pax
cenv
102%
24%
79
Co
Willys-Overland
$4.50
*102%
243/s
98 %
1023/4
27%
preference
Oil
97%
102%
*78
Co
Sewing Machine
Wilcox
99%
1023/a
16%
24%
98%
*26%
20% July 12
3% Feb 0
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
100
78 3/4
July
Number of and Mtscel.
Shares
Bonds
400
27%
6
Week Ended Sept. 23, 1949
300
-■
*26%
14% Jan
Stocks
*65%
3,800
78
10% Jun 28
s
*26%
26%
>19% May
and
26%
78
13% Deo
sale,
263/4
26%
Aug 17
•Bid
26%
79%
Jan 28
rCash
*26
26
27%
74
Jan
26
26
*78%
23
6% May
23%
*26%
53% Jun 13
35
11%
23%
No pax
No pax
20
8S)
Oct
3% Dec
11
23%
—1
Mfg
89% Oct
19% Feb
11
23
10%
243/a
100
15% Feb
65% Dee
24
10%
24%
*66%
J»
Mfg Co..
..1
Corp common.
conv preferred
50
Young (L A) spring & WireJNo Par
Youngstown Sheet ft Tube—No pax
Youngstown Steel Door
No pax
7
10%
♦22
26
12.S0
Instrument
Yale
Jan 20
39% Jan 18
10
23
13,200
3
12% Jan
9%
*21 %
25%
(F W)
Jun 13
10%
243/4
26%
24
8
1,600
9%
*21%
27%
30% May 13
16% Jun 17
May
343/4
34%
180
35%
9,200
Iron
19% Jun 15
Jan
16% May
333/4
*35
4,600
26%
78% Sep
2
10% Sep 23
48
36
700
6%
6 3%
36
1,300
41%
107
107
26%
79
34%
Deo
41%
1073/4
#
14
14
14%
42
41%
1073/4
42
200
104%
26%
Feb
10% Feb
41%
42
42
1043/4
26%
Feb 25
37
14%
14%
14%
41%
1083/4
42
140
107 Va
*105
104%
26%
Woodward
8% Feb 25
1043/4
*1073/4
No pax
12Mb
100
100
4
66
11% Jun
105%
13%
107%
*105
107%
*1043/4
26%
Woolworth
10
133/4
*105
105%
27
2
10
Jan
14%
112%
111%
111%
107%
27
49% July 29
9
105%
Westlnghouse Air Brake
Westlnghouse Electric com
3%% pfd series A
3.80% pfd series B
West Kentucky Coal Co
68
July
111%
*105
17,400
34% Jan
15% Mar 30
111%
111%
*105
CLOSED
17%
2
69V* Aug 17
72% Apr
7
111%
111%
EXCHANGE
700
16%
4
10
110%
16%
Jun
24
110%
15%
Jan
Jun
110%
15%
Wisconsin Elec Power Co com
11% Jun 14
64
116%
1?0%
143/4
18% May
x59% Feb
May
116%
110%
15
Wilson-Jones
Sep
116%
110%
66 3A
Apr
2
13% Jan 17
138
116
111
14%
79
5
116%
106%
1103/4
10
10#
100
69
Jan
22
24%
Worthlngton Pump ft
Machinery common
No par
Prior pfd 4%% series
100
Prior pfd 4%% conv series—100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
No pax
Wyandotte Worsted Co
1
94
80% Mar
8
23%
96% July
Not
68
~
44% Jan
25% May
81% Feb
Deo
58% Deo
>62
Jun
24%
663/4
13
88% Jan
Deo
23"%
1,400
15%
16
12
65% May
17% May
28
33
23
Sep
Deo
125
Sep
11% Jan
10% Not
,
2,500
22
68
White
3
8
14% Deo
370
193/4
21%
15
29% Sep
18% Jan
12% Dec
83%
19%
u
Western Union Teleg class A_No par
Motor
»% Feb
8% Jun
21%
83
193/4
100
White
13
Mar
21%
83 3/4
19%
A
16% Mar 30
12% Jun
69
series
Dental
24% May
22% July
51
21%
833/4
19%
No pax
White
Dec
4% Jun
21%
83
19%
com
7
13%
May
RR
28
27% Jan
12
21%
82%
1
48% Jan 27
89% Jan 12
Feb
6% Mar
21%
pfd
2
Mar
23
9
Pacific
Preferred
26
7
3,100
No pax
5
29% Jun 13
Mar
83
July
23% Mar
Jan
1,600
5%
*
Wheeling & Lake Erie Ry
Wheeling Steel Corp com
$5 conv prior pref
37
92
27
133^'
5%
82%
Supply Co
Maryland Ry com
2nd pfd
Weston
13
13%
5%
20
Lines Inc
Air
Western
100
13%
82%
non-cum
53% Jun
26
5%
19%
Western Auto
13
15
5%
13%
5
20%
4% %
Jun
68% Deo
13%
13%
5
20%
Virginia Coal & Coke
Pulp & Paper com_No par
preferred
100
10% May
46% May
16% July
38% July
20
133/4
5
1,600
171/4
22%
West Va
108% Jan 25
36% May
74% July
17%
133/8
700
13%
*16 3/4
82%
preferred series B
4.10% preferred series O
May 12
29% Apr
8
30
Jan 24
*16%
13%
*5
17
213/4
4.20%
104
32% May 23
8% Feb 24
21
Sep
8
17%
*13%
13%
17
5%
*16%
,
13%
17%
1
West Penn Power 4%%
51% Jun
80
24
13%
V
14
14
400
82%
preferred
preferred
6%
43% Sep
14
*233/4
\
8,200
No par
preferred
A
110% Jun
Jun
181%
24
-■
Class
2
38% Feb
Jun
17%
24
19%
Rights
26
106
101% May
13%. Mar
5
West Indies Sugar Corp
West Penn Elec Co com
14
Jun
95% Apr
19%
18%
24
19%
No par
$4 conv
Sep 23
107
•
1
———
Inc
19%
19%
17%
24
*16%
Wesson OH & Snowdrift com—2AO
7
Oct
8
Co
.
18 Va
233/4
Not
Dec
46,000
13%
103% Feb
25
/ 190
12%
233/4
111% Oct
113
Jun
101%
94%
113/4
13%
119% Jun
Feb
94 3/8
11%
24
24% Aug 10
91%
94%
11%
133/4
3
33 Va
94%
■11%
23%
14% Jan
Feb
14%
94%
11 %
*
19% July
85%
14%
943/8
Waukesha
84% Jan 24
400
*143%
113/4
9
27% Jan
15
14%
94%
11%
14
23% Jan 21
39% Jun.
*143/4
14%
14% Sep
14
29% Not
23% Deo
1,600
94
»■
18% Aug
16% Jun
May
8,100
73/4
15
10
Apr
Dec
27%
73/4
11%
11% Apr 21
22% Oct
26%
7%
14%
94
14
July 13
10
104
26%
73/,
18
Webster Tobacco
*102%
104
26%
7%
19%
Wayne Knitting Mills
Wayne Pump Co
400
14%
18%
5% July 15
800
30%
11%
19 3/8
3% Jan
3
xl9% Jun 13
*1023/4
14
30,%
94
1
100
Pictures
Motor
100
13%
26%
18
Mar
25% Not
73%
26
193/8
117% Sep
Deo
7%
19
117% July 11
111% Aug 10
Mar
7%
20
108% Mar 22
Mar
26%
73/4
183/a
113% Feb 25
Not
103%
25%
*30
104
*1023/4
103 %
7%
Warren
100% Feb
5%
34%
7%
22%
30
303/8
13%
30%
13%
14%
*29%
*19%
Jun
16% Apr
*13%
No par
3
Washington Gas Light Co—No par
32
XI13%
103%
105%,
100%
14 Va
26%
104
47
47
*45%
46%
25%
Warren Foundry & Pipe_
Petroleum Corp
1
7
78
114
104% Mar
30
30%
30%
*103
♦13%
11
26% May
19% Mar
133/4
0
Baking Co common
preferred
Bros
*45%
47
13%
No par
Co
5%%
Warner
86%
Not
13%
Ward
8
4
*453/8
_i_Nopar
100
No par
.
preferred
Walworth
100
No par
Jan
14
34% Aug
Jan
Sep
:
>80
preferred
Co common
Walker (Hiram) G & W
27% Sep 23
9% Jan
7
15% Jan 21
27% May
Xl8% Mar
RR 4%%
Walgreen
$704,000
$25,840,000
140,000
38.000
7,455,000
$37,894,000
6,853,000
9,000
10,000
1,242,000
1,349,000
$746,000
$752,000
$34,537,000
^-$46,096,000
Bonds
Domestic
Foreign
Foreign
Total
government.
corporate.
Volume 170
Number 4841
THE
COMMERCIAL
Bond Record
Italic
letter!
in
the
column
FINANCIAL CHRONICLE
headed
WEEKLY
-
"Interest Period"
Range for Previous
Tear 1948•'
Lowest
*
*
Highest
Highest
101.11 May
105.1
Sep
Sep
—108.28 May
101.11 May
9
■;.
108.13 Jan 26
BONDS
YORK
9
the month
case
S2d
of
a
when the bonds mature.
point.
Monday
Sept. 19$
/
Sept. 17
Low
High
Low
■:v,
Tuesday
,
Sept. 20
Low
High
High
:V.S
Thursday
Wednesday
Sept. 21
High
»
Friday
Sept. 23
Low
1949- 1952
100.20
*100.19
100.20
•100,19
1951- 1955
•104.9
104.11
♦104.9
104.11
♦104.9
104.11
•104.8
2%s
1955- 1960
•109.15
10
♦109.15
*109.15
109.19
♦109.14
109.18
*109.12
2%s
2%s
109.19
1951- 1954
•103.9
.u3.ll
♦103.9
103.11
*103.9
103.11
•103.8
103.10
*103.8
1956- 1959
•110.23
110.27
♦11D.23
110.27
*110.23
110.27
♦110.21
110.23
♦110.27
2%s
-110.23 Mar 11
_
•100.19
•:'/■
;
v
100.20
♦100.19
.19
the Week
Bonds ($)
High
3s
)
Sales for
"'■<
•■i:;,;
Sept. 22
High
Low
Low
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
1 Treasury
♦100.18
100.19
♦1048
100.20
' 104.10'
104.10
1
109.16
,103.10
110.21
1958- 1963
•111.25
111.291
♦111.25 111.29
*111.25
111.29
•111.23
2%s
I960- -1965
•113.9
113.13
*113.9
113.13
*113.9
113.13
•113.8
113.12
♦113.4
113.8
2 Vis
1949- •1953
•100.15
100.16
♦100.15
100.16
*100.14
100.15
*100.14
100.15
♦100.14
100.15
•101.21
101.23
'
Feb
102.22
more
^Treasury 3 Vis
108.13 Jan 96
110.23 Mar n
101.18 Dec
er
one
each
Satnrday
■
S" OCK
EXCHANGE
vl05.28 Mar
107.4.
NEW
In
LOW AND HIGH BALK PRICES
GOVERNMENT
Range Since Jan. 1
Lowest
29
YEARLY
-
indicate
Figures after decimal point represent
1
(1209)
New York Stock Exchange
«o>
FRIDAY
The
&
*111.20
111.27
11.24
r
102.23 Sep
102.31 Jan
1102.23 Sep
w
104.9
101.7
102.31 Jan
14
Feb
Sep
101.11
101.19
Jun
102.1
Mar 11
100.24 Mar
100.25
Jan
103.8
July 25
3
Jan
101.19 Jun
Feb
104.9
3
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
14
100.23 Jan
100.23 Sep
100.26
101.12 Feb
Sep-
100.16 Sep
100.7
Oct
101.12 Jun
102.26 May
102.26 May
100.23 Jun
100.7
100.27
Oct
101.14 Sep
100
Mar
101.7
9
Feb
6
100:28 Jun
101.28 Jun
14
20
100.17 Feb
' 103
9
100.13 Jan
Feb
Aug
9
9
Aug
105.4
2
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
30
8
Aug 10
20
Treasury
Treasury
Treasury
JTreasury
Treasury
102.30 Sep
101.3
Jun
14
-100.21 Feb
9
101.13 Mar
Dec
100.31
102.30 Feb
May
100.2
100.21 Feb
101.7
101.13 Jun 24
103.2
100.4
100.31 Sep
July 25
7
100.18 Jan
May
"
102.13 July
Mar
100
Agu 10
103.8
Apr
100.24
.
104.6
*
101.26 May
Sep
101.19 July
100.7
Jan 26
101.8
Jan 26
101.18 July
100.30 Sep
101.8
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
100.16 Apr
Oct
101.18 Feb
101.18 Feb
9
9
2 Vis
.:
2 Vis
,
2%s
94.10 Jan
Jan
•Bid
2s
due
98.24 Jan
and
Dec.
asked
15,
price.
1949-51,
10
99.11 Jan
98.30 May
99.30 May
5
101.2
called Dec.
15
at
100.
this
a
♦101.21
103.9
•103.7
•106.7
106,9
*106.8
•105.1
105.3
•104.14
104.16
♦104
104.2
*103.29
1962- 1967
—
2%s
1963- 1968
_
2Vis
EXCHANGE
'
Jun 1964- 1969
2 Vis
STOCK
CLOSED
Dec 1964- ■1969
_
■
/:
2
New York Stock
Period
Exchange
♦103.4
103.6
*106.2
106.4
105.10
•105.5
105.7
♦105.2
105.4
104.23
*104.19
104.21
*104.14
104.16
104.9'"
♦104.5
104.7
♦104
104.2
*104.4
104.6'
*104.2
104.4
*103.29
103.31
*105.5
105.7
*105.8
*104.18
104.20
*104.21
♦104.5
104.7
*104.7
103.31
♦104.2
104.4
♦103.30
104
*104.1
104.3
*103.31
104.1
♦103.26
103.28
2Vis
2 Vis
2Vis
2 Vis
2 Vis
1966-1971
*103.23
103,25
♦103.26
103.28
*103.29
103.31
*103.27
103.29
*103.24
103.26
-Jun 1967-1972
.
103.2
•1U3.1
103.3
•103.3
103.5
♦103.1
103.3
♦102.29
*105.25
105.27
*105.26
105.28
*105.27
105.29
*105.23
105.25
*105.19
105.21
-Dec 1967-1972
.
*103
-Sep 1967-1972
.
•103
103.2
♦103.1
103.3
*103.3
103.5
•103.1
103.3
♦102.29
102.31
1951-1953
*103.2
103.4
*103.2
103.4
*103.2
103.4
*103.2
103.4
*103.1
103.3
2Vis
-1952-1955
•102.23
102.25
*102.23
102.25
*102*23
102.25
♦102.22
102.24
♦102.21
102.23
-1954-1956
*106
106.4
*106
106.4
*106
106.4
•106
106.4
*105.30
106.2
2Vis
1956-1959
•104.28 104.30
•104.29 104,31
*102.26
•103
103.2
*102.29
102.31
-Dec 1959-1962
*1,02.26 102.28
*102.29 102,31
*102.31
103.1
*102.29
102.31
2s
-Dec 1949-1951
•100.11
100.12
♦100.10
*100.10
100.11
•100.10
100.11
_Mar 1950-1952
*100.15
100.16
*100.15 100.16
*100.15
100.16
♦100.15
Sep 1950-1952
•100.29
100.30
•100.29
\00
30
•100.29
100.30
♦100.29
2s
1951-1953
*101.21
101.23
•101.21
101.23
*101.21
101.23
*101.20
101.22
*101.20
2s
1951-1955
*101.27
101.29
*101.27
101.29
*101.27
101.29
*101.26
101.28
*101.26
101.28
102.4
*102.2
102.4
•102.1
102.3
*102
102.2 v
*102.10
102.12
*102.9
102.11
2s
__
2s
102.28
102.30
102.30
100.11
102.13
*102.11
102.13
*102.11
102.13
104.2
♦103.30
104.2
*103.30
104.2
•103.30
104.2
*103.29
104.1
*100.16
100.17
♦100.16
100.17
•100.16 100.17
•100.15
100.16
♦100.15
100.16
♦101.2
101.6
•101.2
101.4
*101.2
101.4
*101.1
101.4
♦101.1
101.4
*102.12
102.16
102.11
*102.13
102.15
•102.13
102.16
♦102.13
102.16
Bank
High
1972
102.11
for redemption: 3Vis due 1949-52, called Dec. 15 at 100; 2Vis due
BONDS
Low
Interest,
New York Stock
Jan. 1
No.
104
3 Vis Series No.
107%
J-D
J-D
17
J-D
3Vis Series No.
18
J-D
19
fund
6s
JAExternal
f
s
fAExternal
J-J
1945
1945
f 7s series D;
s
AExternal
s
AExternal
sec
AExternal
sec
'
46'/a
46%
37
46%
46%
46%
37%
46%
*45%
56%
37%
46%
f 7s 3rd series—1957
A-O
*45%
56%
37%
46
(City)
Australia
external
5s_„
(Commonwealth)
5s
1958
J-D
1955
J.J
99 %
99% 100%
104%
104% 105
95
106
98%
12
240
103%
10-year 3Vis
10-year 3 Vis
1956
F-A
91%
91%
93%
41
90
97%
.1957
J-D
90%
90'/a
91
15
89
95%
20-year 3Vis
1967
J-D
87%
87%
88%
12
85%
92%
20-year 3Vis
1966
J-D
87%
87%
88
85
93%
15-year 3%s
Belgium
(Kingom of)
External
lABrazll
s
1962
——w
f
exll
s
f 6s__1955
7s
(U S of)
s
f 6%s of
86%
111
J-D
1941
J-D
87%
111
120
13
121
*74
*
121
111
80
84%
2
102%
112
115
121
,
21
93%
--
60%
—
74
1978
A-O
A-O
54
*72%
—
54
21
45%
54%
__
—
62
46
977/s
98%
F-A
100 IS
J-D
A-O
104%
100
102%
102
1041/4
104%
107%
1942
*27%
30
1960
A-O
35%
35%
1960
A-O
27%
28
A 6s
A 6s assented
Mortgage
A6s
AChllean
27%
A-O
A-O
28
28
29%
37%
36
5
34%
37%
27%
1
26
29%
27%
~5
36%
25%
28
29
29
26
29
25
21 %
34%
37%
26
29
34%
37
40
•35%
J-D
27%
1901
J-D
J-D
27%
~i
*35%
28
sink fund 68——1961
A-O
A-O
27%
28
34
27%
"2
27%
"2
37%
26
29
M-N
1962
M-N
27%
7s—»——1960
US
*35%
35%
1960
US
*27%
26
6s
Munlc
assented
(Hukuang Ry) 5s
-1951
4%
J-D
4%
"4%
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal
s
1979
J-D
53'/4
55
1957
A-O
72%
72%
72%
1
1979
A-O
54%
52 Vi
54%
53
43
54%
1952
f 6Vis of 1927
J-D
—
61
72
1978
J-D
—
46%
55
A-O
—
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7s
(Central
Ry)„
Stamped pursuant to Plan A
(Int reduced to 3.5%).
5%
*72
—•
*55%
--
—
For Financial Institutions
FOREIGN
funding bonds of 1931 due—1951
SECURITIES
Stamped pursuant to Plan A
(Int reduced to 3.375%)
External $ bonds of 1944
(Plan
1979
•
J-D
'•to*—
J-D
Series No. 4
J-D
3 Vis
Series No.
5
J-D
3Vis Series No. 8
J-D
3Vis Series No. 9.;
J-D
—
—
3Vis Series No.
10—
11
12
3Vis Series No.
J-D :
i—
33.
62%
71
66%
57%
69
67
5
8
59
FIRM TRADING
MARKETS
69
1
70
73
62%
73
58 '/a *
73
60 Va
73
58%
65
—
*?
——
70
70
70
70
••
—
—
'
75
70
*63%
65
——
*63 %
65
——
*63%
——
»
*63%-
—
5
——
58
-
65
59
——
—
65
rAHL MAMS & C.O- mc
69
69
3
—
57 Vi
58%
67
*70
J-D
page
2
*66
70
J-D
3Vis Series No. 13
14-.-
67
*66%
J-D
3 Vis Series No.
'
a.—
J-D
3Vis Series No.
For ioomotes see
53%
66%
J-D
3Vis Series No. 7
i'
42%
66%
—/
3 Vis
'•'■
7
67
J-D
3Vis Series No. 3
.
53%
B)—
3Vis Series No. 1
3Vis Series No. 2
52%
65
55%
66
FOREIGN SECURITIES SPECIALISTS
/
V
50 Broad St., New York 4, N. Y.
Telephone HAnover 2-0050
,
29
26%
72%
A Chinese
36%
35%
*35%
1962
sink fund
29
36
;
*35%
—1961
36%
34%
59
v
37
25"%
35%
27
J-D
29
34%
26%
1957
28
25%
26%
•27%
—1961
-
/<
37%
~2
*35%
27
J-D
1957
-
9
28%
34 y*
1
37
25%
*35%
M-N
6%s
35
*35%
US
1993
assented
Cons
US
M-N
2-3s
assented
AGuaranteed
27%
1963
A6Vis assented
AGuaranteed
J-J
1962
Bank 6%s
fund
36
.——1963
—
A 6Vis assented
J-J
1962
sinking fund 6s
assented
27%
Sep 1961
Sep 1961
—
f $ bonds
27%
36
59
54%
—-
*35%
F-A
Jan 1961
fund 6s
>h'
34
F-A
Jan 1961
f 6s
AExternal sinking fund 6s
A Sinking
UVj"'"'
Feb 1961
assented
A6s
28
—
101%
10
59
$5 26 ;
sinking fund 6s_——Feb 1961
s
V
102%
104% 105
101%
98 V2
25
98 3,8
100% 100 Ji
102
63 %
Vs
97
54
98%
55
60%
98
•
60 ya
//J
74
303
M-8
—
M-N
assented
AKxtl sinking
A7s
*63 5/a
—
A6s
1957
1926
86 %
j-j
1955
external 8s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
F-A
4
65
—
*35%
f 7s_
A6s assented
A Chile
65
64%
58
——
*57
s
A 6s assented
Extl
59
65
M-N
AExternal
Antwerp
60%
64
J-J
s
65
*63%
•63%
1942
ARy external
66
,
56 Ye
—
1954
(City) 8s__
(Rep) External
46 %
A-O
65
/•J
37%
A-O
•63%
70
60
—1961
—
J -J
2d
25-year 3 Vis
46%
*45%
57
65
55%
8
*64
1950
37%
1945
7s
1958
47
J.J
5
64'%
J-D
1960
4s
AJCxtl
1957
f
s
of)
62
*45%
65
65
64
'
■
1957
93%
J.J
64%
65
60%
55%
v
•63%
'
.
J-D
■
(City); S f 5S—
47
62
10
64"
59%
;
67%
J-D
——
81
47
65
1
——
J-D
3 Vis Series No. 29
37%
—
46%
series__1957
1st series
f 7s
s
*93Vi
47
58%
•64
:
AExternal sinking fund 6s
A6s assented
*61
M-9
1945
f 7s series C
s
lAExternal
1968
A
series B
7s
A-O
4s
7s
65%
*63%
J-D
A Carlsbad
1948
coll
(Dept)
56
*63%
'
Sinking fund gold 5s
Sinking fund gold 6s
71
65 Vb
64%
*63%
J-D
3Vis Series No. 30—L.
70
58
J-D
J-D
IA 7s
65
64%
J-D
3 Vis Series No. 28
(Colombia)—
65
60
*63%
-
J-D
fAChlle
High
59%
1
64%
J-D
(Dominion
~'5'
•
65
3 Vis Series No. 25
Canada
Jan. 1
Low
f No.
.
*63%
J-D
...
V 3 Vis Series No;
Brisbane
High
65
Range Since
Sold
64%
m.M
v'
.3 Vis Series No. 27—i'—-
Foreign Govt. 81 Municipal
*63%
P".
Bonds
Friday's
Low
-
*61
or
Bid & Asked
Sale Price
High
.
100;
at
Week's Range
Last
<■
Period
Exchange
3Vis Series No. 16
31
7,000
15
*
Dec.
SEPTEMBER 23
Range Since
Sold
called
;
Friday
Bonds
1949-53,
;
-
,
3%a Series No. 26
(King of Norway)
'•
for
3 Vis Series No. 24—
sink
101.22
♦103.30
3%s Series No. 23
AQtd
100.30'
*102.11
-
lAAntioquia
101.16
*100.29
1950
3 Vis Series No. 20
Akershus
♦100.15
100.30
1953-1955
105 Vi 106
F-A
100.16
Dec 1952-1954
2s
IVis
3% s Series No. 21.
1947
10,000
100.11
2s
•
SAQtd sink fund 6s
♦100.10
•102.2
*'
Agricultural Mtge Bank
102.28
102.28
102.4
Bid & Asked
J-D
♦102.26
♦102.26
*102.2
3 Via Series No.
.1980
104.27
Jun 1952-1954
3%« Series No. 15
Corporate Stock
•104.25
2s
Friday's
Low
104.24
104.30
—Jun 1959-1962
.
Week's Range
Sale Frice
♦104.22
*104.28
2 Vis'.
2%s
tThe following Treasury bonds are being called
Odd lot transaction,
r Registered bond transaction,
t
or
102.31
2 Vis
New York City
Transit Unification Issue—
3%
*
*
103.28
day.
Last
101.22
103.7
106.5
103.8
106.9
•103.26
RANGE FOR WEEK ENDED
Interest
*101.20
101.23
*103.5
♦106.3
*103.6
*106.7
1965- 1970
25-year 3s
Friday
BONDS
•101.21
101.23
♦101.21
103.9
106.10
:
2 Vis
Reconstruction & Development
10-year 2 Vis
1957
July 14
102.16 Sep
No sales transacted
101.23
•103.7
-1956- 1958
2Vis
International
94.14
1950- 1952
j.1952- 1954
Teletype NY 1-971
4'/4
.
.
37%
29
7%
ili
'ttTJO-t.'
30
YORK
NEW
for week
range
Friday
Interest
bonds
Period
New York Stock Exchange
Last
Colombia
or
ended september 23
Friday
Bonds
Friday's
Bid & Asked
High
New York Stock
Jan. 1
Oct 1961
A-0
j.j
82
70
82 Va
45%
35 y2
external
1970
A-0
44
*|AColombia Mtge Bank 6%s—.—1947
-,f ASinking fund 7s of 1926
1946
A- O
"41
f
s
bonds-
$
*M-N
*47
4iy2
F-A
*47
41%
J-D
A 6s
79
80%
68%
74%
76%
63%
79
Rica (Sep of) 7s
—.—1951
(Republic of) >4 % s exti
1977
Czechoslovakia (State)—
M-N
17 Vi
15%
11V*
12%
17%
*108% 110%
104 %
113%
A Costa
J-D
6 %)
IA Denmark
extended
20-year
to
extl
1960
A7s
6s
1942
90 Vi
91 Vi
81%
series
gold
5 VaS
1955
87%
89
74%
gold
4%s
——1962
79
80%
64%
B
(Republic
s
f
f
of)
t
-3s
extl
s
•AEstonia
-French
••Greek
•71
74
71
j.j
*55
58
55
J-J
*45 Va
48
J-J
*12
15
A 7s
1949
.1964
•A 6s
part paid
-Helsingfors (City)
.
8%
"
A-O
5lA
9%
*65 Vi
M-N
6
10%
*8%
F-A
,~
53
68
100'A
*100%
fund
($
—
Metropolitan Water Sewerage &
Drainage Board 5Vis
(1942
'5A5s
Of
104%
84 %
89;!4
82
83
79
88
f-a
*88%
—
81%
89%
j-j
extl
due
10%
A Adriatic Electric
Alabama
Great
Southern
3lAs,___ 196?
Power
1st
3%s—1972
j-j
32 %
Co 7s
10 Va
J-D
46'A
Amer & Foreign Pow deb 5s
American Telephone & Telegraph
100
&
7
10 Vb
46
46 V4
37'A
99'A
100 ,V
100
2%s
2%s
60
U Va
4%
1922
1904
15%
(1942 agree)—1963
■—
8%
..1954
7%
7%
10 V*
6s of 1913
11
4
J-J
8
6 %
8
7%
7%
6
8
9y4
■•
9%
and
reduced
to
f
s
Plan
and 3%
to
Plan
US
88
99 Va
83%
j-d
*92
83
A-0
*96
81%
96
f 5s
s
1963
s
J-D
.1967
104
'
—
1959
103
110%
103 %
107%
112 V*
112
106%
114
104 Vi 104%
103
104%
104 Vi 104%
102%
105
j-d
a-O
104%
104%
Q-j
,-1966
A-0
113y4.
*78
102
78
81%
69
A-0
69
69
92
4s
cons
*118
m-n
*102% 103 Vi
July 1952
ms
—,1964
j-d
1966
122%
127% 128 >/4
127%
M-N
128%
109
118 %
102 Vi
118 V*
104%
102 Vi
102%
101%
105 Va
96 %
98%
93 Vi
103%
101% 101%
97 Vi
J-J
fund
"99%
102 %
f
94
102%
—
*37
—
35
.
103
40
29%
29%
2
25%
20%
21 Vi
11
17%
20%
21%
25
17%
21%
20%
21%
20
17%
21%
a-0
*9%
*10%
1947
a-0
16
16
"l
.1968
a-O
10
10%
18
7s
"
1950
J-J
—1963
J-J
196I
-due Dec 1 1995
G—
*12
87%
80
88
89%
90%
83%
95%
59 Vi
49%
63 Va
59 va
58%
ms
•59
58%
59%
49%
62%
ms
59
58 Va
59-
49%
63
j-d
65
67%
59 Va
73
May
45%
46%
39%
52 %
M-N;
83%
83%
3
75%
35%
j-j
66%
67%
53
60 %
74%
j-j
71
71
—1951
j-j
84 Vi"
85%
1951
j-j
-
due Dec 1 1995
J,_
income
conv
Feb 1 2010
4s
series
*
j,
Ac
„+1980i;
,
ser A
M 4s
ref
«St
.
~
ser
D
1985
-
2001
1953
2%)
to
Plan
10%
18
*33
—
J-J
*30%
2012
15
16
35
5%
15
19
6 Va
14
39
40
3
66
78
25
80
95
A-0
—
27%
31
a
39
1926.
27
33 Va
to
(State)
3
24%
modified 4%3^^
Terminal
Consolidated
Bush
29 Vi
f-A
28Va
A-0
"
28 Vi
*44
Terminal
1st
5s
gtd
to
see
45
46
^
debentures
2%s
34%
34%
38
27%
15
29
34"%
38
2
35
38
27%
1
24%
"_
5
72%
92
443/4
83%
59 Vi
35 Va
35%
A-O
*104% 105 Va
103 Va
104 Va
F-A
*100
100%
102
M-S
*103
103%
J-J
100
100%
8
90 Va
Af-N
,101% .101%
5
985/a
54%
*101%
95%
J-J
ia-O
—I960
106
28%
cons
<Canadian> National
i
Guaranteed
1959
-
,_I976
97%
55
505/a
5
100%
__
96%
106
10
91 Va
103%
100%
102 Va
61%
102
99
105
106
100
7
101Vi 101 Vi
a-o
*102
rj-d
M-N
gtd 5s A___1962
-a-o
101 Vi
99 Vi
103
102
*103Vi
95
95%
96 Vi
94%
103
104
104%
Ry—
U-N
*38%
J-D
*29 %
39%
113%
•a-o
104% 104%
104%
107%
gold
5s
-f-a
106
106 3'2
108%
Guaranteed
29%
113% 114
5s__,__—Oct 1969
Guaranteed
40,:
27;^4
—
gold
gold
4%s—
Guaranteed
,
gold
4%s
4%S—
4%s_
•Guaranteed
"
gold
Guaranteed
gold
Canadian
Pacific
54 »A
Carolina Clinchfield & Ohio 4s
*57
53
55%
Carthage
2001
U-N
f_,_;——i.1957
*53%
Af-N
*57
2012
U-N
55
1936
J-J
—
a
4%
conv
j-d
•F-A
M-S
105
111%
j-j
.97 Va
105
113%
111%
105%
113%
105
111 Vi-. 112
"»
115%
106%
deb stock (perpetual)—1
& Adirondack
1st mtge gtd 4s
-
1965
1981
j-d
98 %
5
93%
56
107 Vi 107%
96 %
M-S
101 Va
106%
108 %
'
Ry—
•
54
Celanese Corp 3s-debs
1965
Celotex Corp 3%s debs——,__il960
33%
55
55 »A
83%
■3Vis debs (1947 issue)
_T1960
lACent Branch U P 1st gold 4s—_1948
*53
—
57Vi
__
59%
62
44
a
55
106,';
,7111% IIIV2
1956
1951
34%
a
11334
j:195o
46
—
;
J-J
Ry—
29%
25%
>
1957
—197U
27%
f-a
f-a
102%
*103% 104%
a-0
101
—
■
104%
6
99 V4
101%
101%
101
*101
101%
75
79%
30
55 Va
67%
63 V4
•2
63 Vi
42%
56
j-d
77%
77%
2
j-j
59%
60%
63 %
41 Vi
Central
1999
J-J
3
41
72
J-J
1
<66
86
of Georgia Ry—
- mtge 4s ser A—,__^.,______1995
AGen mtge 4%s ser A._,^Jan 1 2020
2.5%)—.—1999
J-J
73
AGen. mtge 4%s ser B-.ViJan 1 2020
Central Illinois Light 3%s.
19bb
46%
,1974
49 Vi
page 33.
87
101%
C I T Financial Corp—
California' Elec Power 1st 3s_Calif Oregon Power 3%s
29%
Stamped pursuant to Plan
74
A-O
29%
2.5%
83
101
—
'
—1950
to
72%
—1952
4s
49 Vi
A8s external
1033/a
89%
45%
M-N
a-0
2%)
82 Vi
..i-
J-J
—1957
Af-N
Stamped pursuant to Plan
100%
101
F-A
————-——,1955
Bldgs 5s
Canada Southern
1966
8s
*—
M-N
—
J-D
Stamped pursuant to Plan
97%
5
Va
100%
8
38 Va
2004
2.375%)
s
*75
*101Vi
a-o
1952
to
97 3
*102% 103%
M-N
,
—1952
Stamped pursuant to Plan
99 V4
105
102%
■
33%
1
a
2.25% )
mtge 5s series AC
mtge 5s series II
1955
40
a
8s
A6%s extl secured
m-S
121%
94%
-
21
100
100
119 3/4
10
6
100
M-N
1967
100
99% 100 %
J-J
mtge 4%s series JJ__,_,___ 1961
1st mtge 4s series RR—;——.1960
AInc mtge 4%s ser A-——July 1970
ABreda (Ernesto) Co 7s__
.1954
Bristol-Myers Co 3s Debs, 1968
.1950
Bklyn Union El 1st gold 5s——
Bush
2
J-D
to Plan
to
1st
29%
f-a
•
J-D
Plan
1976
1979
99
95
80 %
5
105 % 105 Vi
j.j
1970
1st
i
1946
gold
1st
Stamped
'a-0
-
a-0
to
99
M-N
F-a
;
85
100
120% 120%
a-0
1964
s
85
*97
a-o
3Vis— 1951
••
1968
of
1st
Buffalo Rochester & Pgh Ry—
27%
__
J-J
2%)—2012
to
Extension
—_.
-
1999
fund
Creek
Bklyn Union Gas 4s debentures—..1969
Gen mtge 2%s
.1976
Buffalo Niagara El 1st mtge 2%s_ -1975
14%
9%
19
9%
J-D
10%
6Va
Plan a
6Vis
reduced
86%
90
j-d
due Mar 1 2000
—-due Mar 1 1996
stamped
3'/4s
30%
8
11
/ r
1967 stmp pursuant to Plan a
(Int reduced to 2.25%)—2004
reduced
4_
A-O
contingent interest)—
lien
4s
21 Va
J-D
(State of)—-*
reduced
For footnotes
110
82
a-0
8s__
to
Stamped pursuant
redrced
89
a-0
Plan a
to
loan
(Int reduced
A-O
fixed
i debentures—
Bethlehem Steel Corp—
Cons mtge 2%s ser I
Cons mtge 2%s ser J
Cons mtge 3s ser K
m-s
1961
.1940
gold 8s
to
reduced
(City)
July 1975
(4%
B
Bell Telephone of Pa 5s series G_L 1960
Beneficial Indus Loan 2'/2s debs___ 1961
M-S
>
1960
:
sink
(City of)
1
4
-88
"103%
MS
2008
2d ser
s
Stamped pursuant
(Int
107% 108
106 % 106%
Boston & Maine RR—
(Int reduced to 2.5%)
(Int
107%
106%
a-O
Toledo Cincinnati division
Beech
a
■
external
85%
—1958
Stamped pursuant
external
100 Vi 102%
MS
'
1947
Plan
2.125%)
f 6s
M-N
1994
7s
to
to
do Sul
Paulo
102
j-d
1962
f Con ref 4s
1
IA8s extl loan of 1921—
(Int
94
101% 101%
%
100
(Bangor & Aroostook RR—
98
extl
reduced
Paulo
J-D
97
105%
92
99 Vi
J-D
July 1995
K—
1st
97%
assented
(Int
99
93%
1970
1955
j
96%
^External sec-6%s
Stamped pursuant
(I A San
96 %
80
.
/ASao
96
A- O
80 %
assented
(Int
99 Vi
1959
S'western div 1st mtge 5%
30
96%
MS
Plan a
(Int reduced to
2.25%)
2006
lARio de Janeiro
(City of) 8s
1946
Stamped pursuant to Plan a
(Int reduced to
2.375%)
2001
ARome
93
25%
90%
flnt reduced to
2.375%)
7%s 1966 stmp pursuant to
la
95
,29%
96%
Stamped pursuant
|
94
96 'A
(State of)
AExternal sink
'■
*28
M-N
95%
A4Vis assented
AForto Alegre (City of)
A7s
39 %
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JAStabilization loan
1
30
37
>90%
v.JAPoland (Rep of) gold 6s
A6s
25%
F-A
reduced
Rio Grande
A-O
.1963
M
Ref
29 Vi
—
A-O
pursuant
ANat .loan extl
,
*39Vi
MS
_J965
ruf 3%s series B
(Int
100%
88%
101 Va
(3%% fxd & 1 % % cont int)__1980
(Rep of) -external 7s
ANat loan extl s f 6s 1st ser
:■
♦27'/i
US
loan—.1963
APeru
.
94 Vi
96%
96%
Hef & gen mtge 6% (2%% fixed
and 3% % contingent interest)—
A
sick fund 4Vis
lAPernambuco
A4Vis
,
A4'/2s
(Republic)—
A4Vis
100 %
96
105% 105%
100
105%
-.1973
Pgh Lake Erie & West Va—
AStamped assented 5s
.'Stamp mod 3V4s ext to__
•
38
,,,1957
fund extl
(Int
1C0
J-J
—.,1987
3%s
Series
54%
38
ms
—1959
f external
(Municipal Bank
sec
A-O
92
Santa Fe—
&
Series
:
11%
26%
49
11%
8%
10%
A
2.125%)—2008
6 Vis
pursuant
Stamped
100%
1%
Series
,—1958
to
External sink fund 4V4s
:
10%
-
49
A-~0
Hint
i
►10%
10 Vi
reduced to
2.125%)—2008
Netherlands (Kingdom) 3%
—1957
•Norway / (Kingdom of) 4Vis
.1956
Ext
92
—1995
Series
Y-j
'
—1952
f 6%s_;
s
fASec ^external
•
76
99%
contingent int)__July 1975
Ref &'^en hitge 5% v\2% fixed
;
J-J
(1942 agree) .,1963
Stamped pursuant
Oslo (City)
88 Vi
99
1969
1st mtge 4s spr A
1st mtge 5% ser
8
,
(State)—
-ASec external
^Panama
86 Va
99%
Baltimore & Ohio RR—
■
1933
(City of) 6 Vis—
Micas Geraes
1
92
5%
J-J
(ass'td
agreement)
—____„
s
60 Va
100
,--.1957
General unified 4y2s A
Atlantic Refining 2%s debs
________
3%s
75
j-d
debentures
Atlantic Coast 1st
J-J
'Aflmall
»4s sink
92
7%
"7%
Afls/New ass'td
ASmall
-(Int
90
83
Stamped 4s_„
July 11995
Atlanta & Charlotte Air Line Ry—
11
6%
ASmall
Stamped
92
1982
1st gold 4$^
A P W Products Co 5s
11
8%
j-d
A4s-New ass'td (1942
agree) —1963
A Mi 1 an
98%
(assented-to
agreement)——1945
ASmall.
1922
9%
9%
*9'/a
A4s new ass'td (1942
agree)_1968
1910 (assented to
to
66%
,1961
Ann Arbor
15%
i97/»
—
agreement)
IATxeasury
101%
75
99% 100
*70%
M-S
1986
debentures
1st mortgage
1922
t
108%
100 Vi
—
1047/8
104 Vi
1975
deductions-.
Atchison Topeka
IA4s of
*
57
104%
—
F-A
debentures
3s
5
36%
—
106% 106%
*101%
ms
debentures—
conv
2%s debentures
2%s conv debentures
3%s debentures—
4%
COMPANIES
1930
2%s
102
4%
.
A4s of
*50
'*104%
106%
A-O
2030
3y&s conv debentures^
Amer Tobacco Co deb 3s__
agree—1945
-L—
9%
5%
Co—
debentures
2%s
46%
——..
New ass'td
INDUSTRIAL
A-O
51
—
-ALarge
ASmall
1952
mtge
37
28%
56%
e55%
J-D
A-0
AND
M-N
Alabama
101%
39%
ASmall
A5s
14
-
7
1945
ALarge
v
; -81
6
12
12%
General 4s
1922
*5
*6Vi
89%
70
82
f-a
f-a
1984
7s
65
_„
to
*77
1958
1958
readjustment
(City) external
assented
RAILROAD
——•-—
ASmail
86%
83'A
89%
83
conversion——..——1979.
27%
31%
J-J
J-J
1968
1899—
§A5s Assented
81
—
16 >A
MS
agree)—1968
A Large
130 y2
M-N
A4%s
(Republic of)—
-
*121
93
130
3%s
agree—1943
——
Mexico
m-n
Jf-N
6
90%
J-D
AWarsaw
14
1943
assented
ASmall
*130%
j-d
16%
1950
A4Vis .small
ANew
-
Jf-N
—I960
readjustment
2%s
■
*126
26
18
32%
-—1954
1922
f-a
A-O
36%
31%
;/ Italian Public Utility—
vt
Credit Institute 1% to 3%
1977
AExternal '7s
—;—,—1952
-Altaly (Kingdom of) 7s
1951
A
Jugoslavia (State Mtge Bk) 7s_„1957
AMedellin (Colombia) 6Vis
♦Mexican Irrigation—
5A4Vis assented to
92 %
1946
1937)
11
•9%
91 Vi
1979
of
*6%
j-j.
6s
bond
j-d
Albany & Susquehanna RR 4y2s—1975
Alleghany & Western 1st gtd 4s__ 1998
Allis-Chalmers Mfg 2s debs
1956
American Airlines 3s debs
1966
36
J-J
-1947
3%
tu
9 Vi
9V2
18
1957
37
40%
j. j
.1977
-
Public Works t%
}A7s series B
■
101%
104%
104 Vi
U-N
.1968
ext 6 Vis
.1960
-Irish Free State extl s f 5s:.
-I960
Italian (Republic) extl s f l-3s—
.1977
Italian Credit Consortium for
-
10
*8'/2
conv
—1978
4-4JA-4%s extl readjustment—_1978
52 Vi
45
9%
9%
'
:
paid
part
US
.
j-d
1964
sink
3%-4-4 Vis
61%
.1967
m-n
—1958
1958
AExternal
77
„
,
f
j-j
(Republic of) 7s—.
Republic extl 7s,—
Government—
?
7s
3%-4%-4/,s extl
1, 1976
-Jan 1. 1970
—Jan 1, 1976
$
extl
6s
External
Jan
vi
a-o
m- N
1962
extl
sec
of)
fund
—
f
3%s extl
-
s
78
—
1962
:
assented
External
extl
1
High
j-j n;-
2012
(Kingdom)
sink
83 Va
•4s
Jan.
Low
58
1968
AExternal
90'A
External
Range Since
Sold
No.
j-j
2%)
external
(Prov
A4%s
97%
•External
EI Salvador
to
Sydney County Council 3'As
fAUruguay (Republic) extl 8s
63
52
57
*47
reduced
secured
ASilesia
"
to
Bonds
ms
2004.
extl dollar loan
A8s
Stamped .assented (int reduced
"
High
Stamped pursuant to Plan A
84
74 y2
Cuba
—1956
2.25%)
to
Serbs Croats 61 Slovenes
79 y2
Af-N
—
reduced
(Int
1953
25-year gold -4 %S
Friday's
(continued)—
loan
water
(Int
47
1952
lASinking fund 7s of 1927
Copenhagen (City) 5s
or
Bid & Asked
Stamped pursuant to Plan A
47 %
47 Vi
1947
"
extl
46 Vi
42 Va
"11
Week's Range
Last
Sale Price
Low
A7s
70
A--*
"11
Jan 1961
Period
Exchange
High
LOW
No.
Interest
BONDS
Range Since
Sold
Ban Paulo (State)
192b
A6s of 1927
3s
Monday, September 26, 19-49
RECORD
BOND
(Republic of)—
A6a of
CHRONICLE
FINANCIAL
Week's Range
:
Sale Price
Low
<
&
COMMERCIAL
THE
(1210)
A
68%
73
12
-41
1st
-
May
-
-
May
a-0
42%
*
108 Vi
—"
40
108
72
52
108 V4
Volume 170
Number 4841
-
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1211)
31
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
New York Stock
Exchange
Period
of
N J
gold 5s
or
Bonds
New
York
Power
2d
78%
Detroit & Mack 1st lien gold 4s—,1995
A Second
gold 4s
1995
J-D
*55
68
J-D
*62
65
64%
55 '/<
5o */4
48
70
Detroit Term & Tunnel 4'/2s
Af-N
J-J
Q-j
x-O
3s
M-S
gold
i
1st "&
1958
ref
1st
&
1st
&
4'As
ref
101 Vi
101 Vi
101%
16
97
103
31
97
103 y2
104
Vi 105
19
6113'A
ref
mtge 2%s
A Gen
mtge
inc
5s
inc
108% 108%
1985
99
mtge 4%s
J-J
1982
A
98%
35
33%
120V«
A 1st
mtge 4s inc ser A
A2d mtge 4'As inc ser A
Chic
Milw St
1st
mtge
4'As
conv
&
Pac
Chicago & North
A__Jan 1 2019
Western
mtge conv inc 4'As
1st mtge 3s ser B
1st
mtge
Chicago St L
&
New
Orleans 5s
l9t>i
1st
118
*101
A-O
*101
Gen
1st
cons
cons
1st
cons
97'A
'.!>
97%
81%
94'A
96;
16
A
53%
56'A
68
48%
46%
96
38%
46'A
48'A
190
46 Vb
59%
86'A
91%
47 V4
*86
—
87'A
105
Apr
105
105'A
96%
97'A
J-D
-
"
105
A 4s
21
193
98
88%
8c
J-D
'
—
j.j
—
j-j
*70%
73
66
—
101 Vb
__
71
80
65
~1
66
72%
3
101
103
9
102%
104%
1962
M-S
104
104Va
10
101%
106%
1975
A-O
100
103
j-j
102'A
102%
1969
F-A
1974
104
105% 106
<-
102%
6
102'A 102%
*102'A
—
f-A
Cleveland
1966
8c
Cleveland
1st
■
1
102'/8 102'A
102'A
17
106%
J-D
j_j>
.1993
Vi
'
111
95
95
3
92
96-
83%
12
79
71%
2
65%
65 Vi
59
104%
1969
M-S
89%
M-N
88
102%
105%
J-D
86
54%
*—
__
99
89'A
99%
2
103'/a
107%
110%
4
120
124
10
116
118%
96%
12
93
95 Vb
95 Vb
10
92%
92%
91'A
92'A
10
,86'A
80'A
80%
80'A
3
J-J
*107'A 108
J-J
1976
J-J
1990
J-J
96'A
2000
J-J
1982
J-J
2010
J-J
1961
J-J
4!/2s
series D
ctfs
N
0__^
P
Q
R
deb ctfs A
&
1975
J-J
1969
,„Jan 2044
B
ser
Apr
Gulf
States
Util
1968
M
1st
2%s
_1976
:
74
95%
102
58Vi
60
56 Vi
56%
56Vi
1
77
77
2
M-JV
,
J-J
48'A
61
"5
95s/a
100
*98
J-J
M-N
100
100
100
105%
3s
68%
,
77
a-O
A-O
J-J
105% 106
104
Hackensack Water 1st mtge 2%s__1970
yT"
101%
97
97%
107
107%
31
*103'A
103
103'A
101
—
1
104'A 104'A
96
M-fl
Hocking Valley Ry 1st 4y2s
1999
Finance Corp 2%s__1970
J-J
J-J
Hudson Coal
62%
87%
104%
F-A
1961
1978
1969
3s
debentures
104'A
H
50
*106% 107
J-D
i
J-D
Household
107%
107 'A
Hudson &
>v
1950
1st mortgage
101%
23
56%
56%
58%
101%
60
2
69'/a
€9'A
10%
97
*99% 100%
*99
70'A
7
100% 103%
101% 101'A
A-O
92'A
98
62%
8%
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J-J
seris D
95%
80%
94%
*64
101 %
98
75
98
*__
A-O
_July 2015
inc 5s ser A
mtge inc 4s
r
Feb
1959
series B
4s
ref
& ref 3%s
123% 123%
118
118'/a
-
Feb
B
Collateral trust 3%s
t
89'A
82
14
'
102'A 102'A
__
60
J-J
gtd 4%s
I
F)
86'A
J-J
AAdj
101%
1st
f 5s
s
series A
1962
90%
121'A
l"c
127
127
100%
1
95
62 [
79
96
100'A 100'A
90%
96%J 99%
1
99%
99'A
127
127
91
1957
F-A
63
60%
63 3A
215
55
67 V*
Feb 1957
Manhattan
A-O
27%
27%
28
110
19%
28%
1st 5s A
Income 5s
101%
Co—
mtge 5l/xf\ series A-.,.
1972
,
A-O
;
5
104%
108
1973
x-O
105%
105 Vi 105 Vi
7
102
106%
1977
x-O
103:%
103 Vi 103%
18
4'As series C
& Southern Ry—»,*,
4Vis (stamped modified)
Colorado Fuel & Iron
98%
Illinois
103%
1980
M-N
1964
X-O
44 Vi
44%
39%
50%
3Vis
Gas
3Vis
3s
&
Gas
Electric
*98
100%
98
,1973
1974
___________
Columbus
&
Sou
&
Toledo
Ohio
El
*104
104Vi
101%
3s
1970
102 Vi
M-S
,195*
F-A
102 %
Collateral
106
108,%
Refunding 5s
Consolidated
1st
f 3Vis A
s
Edison
of
1st &
ref
1st & ref
3s
104 y4
conv
Consolidated
Natural
Consumers Power
Continental
Crucible
3s
1963
2Vis
2Vis
1st 5s
112
M-S
104%;
102 Vi
J-D
J-D
;
.
1952
95%
43
43
1
43
30
30 Vi
36
j-j
rets
*81%
27%
1946
J-D
5A6s series B deposit receipts—1946
J-D
30%
30%
*29%
27
27 Vi
25%
30%
31
3
.,1
81
30%
V
29 V
35*
30
•
35
&
4'As
series
N
J-D
99%
94
102%
A
,
1st
A
Adjustment 6s
A 1st
6s
5s
series
series
*1-;:
99%
—
—
101
*102%
—
I,—
--
100'/a
—
103
100
—
101 y3
101%
■
102
101%
3
—-
.
103
100%
100%
100
—
103%
100%
100
100%
101%
99%
98
99'A
83
92%
93%
94%
26
86
86%
8
78
92% -92%
9
91
100%
98 ya
100%
M 86
'
*100
101
*90
■'93
74
75
—
i
94'A
87
Co—
Ref & Imp 2%s ser C_
^International Great Northern
-
c
O—
ser A
1st gold 4s
Indianapolis Union Ry
36
79
83
ref
Indiana 111 & Iowa
52
J-J
L
^Illinois Terminal Ry 4s
,
;
J-D
100 VB
93 >A
St
1986
103%
1942'"
107%
77
6
*100
J-J
101%
99
Chic
—
—
v
100%
101
——
—
1970
1950
1
5
VV
~
*100
J-J
113%
16
103
103
123
87%
•
*99%
—
——
J-D
105%
95
—
J-D
359
103%
101'A
F-A
1963
ref
103 Vi
84%
F-A
1963
&
1st
*102%
J-J
1951
1st gold 4s
J-J
1951
3'As
C
1st
105%
94
iA Deposit receipts
§A7%s series A deposit
1951
gold
1st
mtge 4s ser D:_
105'A
M-N
"J-J
gold 3s
3'As
1963
102 »/4
103
3s
Joint 1st ref 5s series A
102%
,103
gold
Div & Term
111 Cent and
,
6
1966
gold
102
2
1965
1st 5'As
98%
1950
Registered
99
,110% 112%
A-O
1975
101%
94%
105 Vi 105 %
J-D
1968
.
96
4
105% 105 %
,
debs
Northern Ry
§ A Deposit receipts
RR
J-J
34
99
*101% 102
M-N
*
99% 101%
mtge 3 Vis
1st
§ACuba
A Cuba
1979
1st mtge
Baking
Steel
J-D
1972
Gas
Gold
1st
Western Lines
1972
3s series D
Div
Springfield Div
York—
mtge 3s ser E_
debentures
Bridge gold 4s___
Litchfield
t
106%
99
F-A
1951
105 Vi
101
100%
1966
101%
100
23
105
J-J
*~
A-O
103
St Louis
105% 105%
M-8
105
104%
A-O
1977
M-N
101%
24
101
101'A 101'A
F-A
1982
100
F-A
1965
ser A
1st & ref mtge 2%s ser B
1st & ref mtge 2%s ser C__
101
1951
,_1961
New
M-N
12
*100%
Omaha
101%
ref mtge 2%s
&
;
103
101
100
J-J
105 </s
104 % 105 '/a
103 %
101%
*100 Vb 104'A
A-O
3'As__
100
101
*102
„1999
Cigar Corp
gold 4s—
101%
:t.: ;
70
100
101%
J-J
106 »A
103%
*35
U-N
J-J
107%
104
*102
M-8
_1955
trust
103
101'A
-V.':
J-D
104
106'A
__
Div 1st gold 3s
1951
Louisville Div & Term gold 3'As_1953
106% 106%
,J-J
102%
100
*101
<
1953
3'As-L
Debenture 4%s
*105 '/i 106 %'
Vi
——
1955
102 V s 102 Vi
J-D
102%
97
.1
—
101
1952
4s_
*106
106
gold 4s
lines
J.F-A
1951 *•
trust
Purchased
1978
Ry & L 1st & ref 4%s___
Consolidated
A-O
3s
Refunding
1977
series L
Conn River Pwr
1952
gold
105%
__
106'/a
A-O
Cairo
debentures
f
s
J-J
1951
1951
gold 3'As
sterling
103%
100%
*105%
M-S
•
3'As
1st.mtge 3s series N_i
Conn
1951
Collateral
•
*101
1st
104%
Commonwealth Edison Co—
1st mtge 3s
J-J
3'As
108Vi 108%
X-O
extl 4s
1st
1951
gold
1st
M-S
1971
Columbus
*106
4s
Extended
Corp—
debentures
debentures
J-D
gold
100
System, Inc—
1013A 101%
J-J
1978
RR—
1st
debentures
Columbia
2%s series A—1981
3s series B__i
Central
1st
Corp—
Columbia
Bell Telep
1st mtge
Illinois
1st mtge & coll tr 4s
-
104%
108
*103
1973
1st
83%
70%
Colorado
.
53
103'A
45%
—
50
102%
3
103% 103%
*103'/8
51%
Co 1st mtge 2%s_1965
Ry Co— ~
5'/2s series B
1952
1956
inc debs
(B
Gen mtge
.
102%
1st mtge 5s series B
;
M-S
M-S
Greyhound Corp 3s debs
+Gulf Mobile & Ohio RR—
1st mtge
i.
J-D
101%
45%
M-N
1959
I"
ADebentures
,
83
;
—
1991
1982
Terminals
106%
99
..1977
1st 4s
Pittsburgh RR—
Union
7
-
—
110'A 110%
*■
J-D
1961
J
Series D 3%s gtd
Cleve Short Line 1st
99
102
1
Div 1st coll trust 4s_-1990
Cleveland Electric Ilium 3s
-1970
3s
87%
102
Northern
Gen
St Louis
1st mortgage
1961
,1974
debs
M-N
mtge 3 Vis ser
Gen mtge 3%s ser
Gen mtge 2%s ser
Gen mtge 2%s ser
Gen mtge 2'As ser
AGreen Bay & West
,
103
105%
Louis Ry—
Div
A
1952
series A
July 1952
75
J-J
A 1st
gold 5s" series C_
lAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B__
J-J
»'£rV: V,.
1956
J-J
69
.
•
76%
59
10
.
26'A
13
20'A
f.'
69
69
11
53%
71%
i
69
69
10
53%
71%
24%
A-O
1956
B
--
RR—
24
t
:
24%
"
1944
1972
M-N
V
__
61%
63%
*97'/a
98%
65%
65%
1013A 102'A
62
A-O
107
60%
71
97
100
14
64%
15
96%
77
102'A
—
D
Dayton Pr 8c Lt 1st mtge 2%s
1st mortgage 3s
.1975
A-O
.1978
J-J
.1978
.1965
Deere
Co
&
2%s debs
Lack
N Y
1st
Coll
Tr
mtge
1st
mtge
1st
&
Light 3s
ser
A
(3%
1%
Salt Lake
contingent
Edison
Gen
&
ref
Gen
&c
ref
conv
(3%
mtge
2%s
96%
79
79
10
M-N
50
50
G
'
M-N
Dm
A-O
1977
J-J
J-J
2018
Apr
58%. 57,
%
29
J-D
1979
A-O
K
Kanawha 8c Mich
105
105% 105%
1978
87%
Kansas
1st
City Southern Ry 1st 3s_.-1950
1973
mtge 4s ser A
1st mtge 3%s series B____.
1968
Kansas City Terminal Ry 2%s___ 1974
-1987
Kentucky Central gold 4s
1961
Kentucky & Indiana Term 4'As_
11961
Stamped %
1
A-O
52%
69%
103
105%
106
104
mortgage 2%s
.
91 Vb
91%
4
87
93
60 Vi
61%
19
58
65%
81%
20
99%
102 Va
—
114%
__
*35
J-J
*98
99
114ya
50
"
108
108
J-J
M-S
100%
98
J-J
-1961
>s—IE
Laclede Gas Light 4%s conv debs—1963
Lakefront Dock & RR Terminal—
ctfs
104%
*102'A
M-S
5s
101%
105%
99%
*114%
A-O
Toll
10011
103'A
J-J
1959
1st mtge 3s
&
96
103
104%
100 i9o
A-O
1964
Co
100'A
"102%
—
103% 103%
*97
103-
II
*179
A-O
tAKreuger
79%
79%
104% 104%
100 hi
104'A
J-J
1997
Koppers
61 Vi
*103%
J-D
1961
4'As unguaranteed
Kings County El L & P 6s
79%
102'A 102%
A-O
68%
Plain
__
79%
J-D
73%
104
•103% 104%
City Power & Light 2%s .1976
48
106
7
1st gtd
183
103% 103%
*1
180
173
101%
105
%
14
1%
2
107%
120
—
fixed
int)
J-J
„1993
I
page
1966
J-D
".
J-D
80%
107% 108
77%
82
107%
110
104%
106%
~6
98%
101%
100
105'A
V
5
*106Vi 106 Vi
101
M-S
1982
—1958
33.
81%
M-S
1970
G
H
series
see
gold 4s_,-1990
65%
J-D
(4'A%
debentures—..:
For footnotes
M-a
103%
90%
M-N
""
1993
3'As series
3s series
J-D
1976
& Lt 2%s
102
101%
8
91%
Jamestown Frankl & Clear 1st 4s__1959
Jersey Central Pow
104'A
102
fixed
mtge ser A
contingent int)
3s
1993
May 12042
&
AIncome
Detroit
104
Grande West RR—
Rio
&
91
105%
19
103% 103%
91%
mim
102 %
Kansas
1973
coll tr 3'As
& coll tr 2Vis
Income
—
—
*102
98%
102%
1st
C
ser
contingent int)
Denver
*
!
division
&
mtge
1%
M-N
*105'A
■
A-O
——
div
4-6s
Power
1st
5s
Essex
v..
23
*106
Co—
rstge due____
&
Delaware
RR
Western
M
ref
AIncome
Morris
Denver
&
West
&
/'
I J-D
.1965
.1963
Lack
Delaware
101 »A 102
102
",V
J-D
'
,
99%
89'A
79'A
99
M-S
of
Gen
102
103
.1993
Mich
t.
72
80
Jf-S
General 5s series C
104
103'A 103 »A
5s series B_^
impt 4Vis series E
Wab
105%
_5
•
Realty 8c Utilities Corp—
General
98%
102'A
J-J
General
&
♦101
57
82%
General
*102% 103%
—
j-D
J-J
gold 4s
Cin
*—
,1953
lst-mtge 3^*8—
conv
Great
107%
J-J
City Investing Co 4s debs
Ref
J-J
^1971
mtge 2s ser H
Certificates
General
1978
St
-83
31
102
83
54
1952
4s
mtge gtd 3%s series E
1st mtge 2 Vis ser G_
City Ice & Fuel 2%s debs
&
*98
J-J
65
4 3'A
^1963
conv
1st
Chic
105 Vi
106 %i
95%
60'A
59%
A-O
2000
deposit
Francisco Sugar coll trust 6s
103%
55'/2
Cincinnati Union Terminal—
Cin
/-J
1990
G__.
ser
A 1st & ref 5s series A
1st
General
105
101'/»
104'A
1964
ilFlorida East Coast 1st 4y2s
u
2r
88
65 ya
51
__1963
G__
mortgage 2Vis
Cleve
Jan 2015
A
ser
3ysS
mtge
/Ohio Div
,
Cine Gas 8c Elec 1st
mtge 2%s
1st
inc 4y2s
mtge 3'As ser F
1st
Goodrich
1954
ser
mtge
1st cons mtge 3lAs ser E
Firestone Tire & Rub 3s
45'A
33
40%
88
Station—
Wqst'n Indiana
147% .149
2
10
.
46 'A
■'
Apr
1994
2% 4Vis
mtge 2Vis
stamped
„
120%
10
1951
1st & ref 4 Vis series D
(
i 21
49
1951
_
1st mtge 3 Vis series F_^
Chic &
A-O
1965
75
49
*36
—
j.j
A__Jan 2019
ser
Chic Terre Hautu ^ S'eastern
Ry
1st & ref y 2%-4 Vis
.,r.;
.1965
5s
x
.
87
j-j
Memphis Div 1st gold 4s
Income
105 VB 105%
*110%
77%
J-J
Gold 3'/2s
Chicago Union
147% 149
105'/a
.46 ft
"
37
70
75
1994
4'As
conv
32%
67
35
56%
Apr
Jan 1 1999
mtge 4s series A
Gen
149
Jf-S
99'A
4
-—-1989
Pacific Ry—
&
94%
19
3
Apr
-
J-J
101%
75
J-J
-
49%
102%
Ry—
2nd
Chicago Rock Island
98'A
RR—
ser
M-N
1995
112 V2
62
j-j
B—____Jan 1 2044
1956
.1970
111'A
6
120% 120%
j-j
1956
1994
ser
109%
108%
75
Jan 2003
A
ser
4%s inc
inc
9
61'A
Jan 1983
Southern 4s
Paul
mtge 4s
Gen
&
100'A
100
10
110% 112%
1st 5s
1st cons gold 5s
Elgin Joliet & Eastern Ry 3y4S
113%
J-J
Chicago Ind & Louisville Ry—
Chicago Indiana
East Tenn Va & Ga Div
iEd El 111 (NY)
125
J-J
-
102% 102%
1977
87'A
46
50'A
El Paso & Southwestern 1st 5s
118
12
.
99'A
*67
__'
M-N
1988
Jan 1 2038
|
Jf-N
.
-
112'A
ICO'A 100'A
F-A
1997
B_
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
AGen
112
108'A
F-A
RR—
conv
1st mtge 3%s ser
F-A
97%
88%
Erie Railroad Co—
112
F-A
1970
Chicago 8c Eastern 111
*46%
107%
109%
.
11
100 % 100 »/8
J-J
130%
1041/4
—
J-J
»
122%
*122% 124 Vi
J-J
1977
B
*87%
J-J
103 %
102
1985
series
mtge 3Vas
M-S
Chemical 2,35s debs
—1961
*§ADul So Shore 8c Atl gold 5s
1937
105%
89%
96%
101 y4
102
Chicago Burlington & Quincy RR—
General 4s
100
130%
J-J
r
Det Tol & Ironton RR 2%s ser B__1976
73'A
71
19
100%
105Vi
130
9
100
100%
Duquesne Light Co 2%s
103
*101% 102 Vi
1961
Dow
102 :•
130
J-D
*. -
1989
99%
F-A
-
1973
4s
10
105'/a
M-N
1996
1989
7
49%
102 Yb
M04
J-J
1996 >
gold 4s
cons
4
-j
165%'-
,101 Va 101%
F-A
1992
■/
49%
105 Vi
F-A
-
1965
D
High
65
78
imp M 3%s series H
consol
Jan. 1
Low
49 Y4
1968
1st
Range Since
Sold
No.
High
49%
series E
Div
Low
93
B
impt M 3'As
A
High
60%
.1974
series
&
Bonds
Friday's
Bid & Asked
59%
1974
3s
Ref
R
'Or
60 Vi
A
General gold 4'As
Ref & Impt M 3%s
&
Low
Last
Sale Price
Q-J
Chesapeake & Ohio Ry—
Ref &
No.
Period
New York Stock Exchange
76
ser
Champion Paper & Fibre deb
»
High
Interest
BONDS
Jan. 1
60 Vi
ser
3%s
mtge
Range Since
Sold
59 %
Pacific Ry Co—
1st
Week's Range
Friday
Friday's
Bid Si Asked
60%
1987
Central
3'/2s
23
J-J
1987
Central
ref
SEPTEMBER
1987
registered
1st &
ENDED
1987
gen
a 5s
registered
AGenerai 4s
A 4s
WEEK
Week's Range
Last
Sale Price
Low
ACentral
FOR
111
100%
110% 111
111
1st
mtge sf
3%s
ser
A
1968
J-D
118% 118%
53
'
i
THE
COMMERCIAL
& FINANCIAL CHRONICLE
Monday, September 26, 1949
new york bond record
SEPTEMBER 23
RANGE FOR WEEK ENDED
Friday
Friday
Interest
BONDS
New York Stock Exchange
Last
or
Peried
Low
Lake Sh & Mich Sou gold 3%i
registered
Lauiaro Nitrate Co
89
.1991
J-D
89
89
J-D
84 %
84
No.
BOND 8
Range SInea
81
2
N Y Lack & West 4s series A
96%
74%
90%
4%s
N
A
.1575
DM
92%
92%
4
.1970
A-O
*92%
93%
—
88
5s
JL954
stamped
F-A
*99%
F-A
*81 Va
—1974
F-A
Lehigh Vai Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%s ext_1950
Lehigh Valley RR—
4s stamped modified
2003
F-A
4s
registered
4%s stamped modified
4Vis registered
5s stamped modified
2003
series C
A 4s
96%
80
3
65%
85%
80
66
12
33%
2
60
72%
30
41%
33%
33%
33%
6
36%
37%
63
32
37
11
31
42%
M-M
A-O
F-A
3 Vis
1st & ref mtge 3s
Louisville & Nashville RR—
1st &
3%s series F
2009
A-O
2%s series G
M 3%s ser H
ref
2003
A-O
2003
A-O
M
Sc ref M
1st
A
ref
8t Louis
Dlv 2d gold 3s
Atl Knox A Cine Dlv 4s
52%
54
56
Ref
60
Ref mtge 3s series P
N
Y
mtge 3Vis ser E—
15
27
29%
Niagara Falls Power 3%s_„
28
30
32%
Norfolk
35
71V*
4
61
74
—
—
120
123%
106 Vs
108 y*
103
—
104
Southern
AGen
103
lien
27
—
108%
102 %
105 V*
104
4s
50%
106 V*
95 V*
82%
99
108%
87 V*
82%
99
100 V*
*90
14
92%
3s
fund—Feb 11957
(Southern Lines) 4s—1955
May Dept Stores 2%s debs
1972
Mead Corp 1st
mtge 3s
1966
Manila RR
76%
Metropolitan Edison 1st mtge
2%*-1974
Michigan Bell Telephone Co—
3%s
trust
Northern
series
C
2%s
series
1st
1st mtge
5s
1st
1st
(John)
&
§ A 1st
1st
103
♦99%
100
102% 102%
99%
75
75%
108% 108%
105%
J-J
M-M
108 V*
M-M
♦—
—
debentures
105
-
3s
A-O
♦48%
A-O
2
5s
A
„
\ A
5.Vis
Certificates
;
4s
j-a
72
70%
72%
A—.
N
4s
1st
&
ref
3Vis
3%s
13%
14
20
100% 101
10%
16%
3
105% 105 %
A-O
100%
105 %
23
96
101
3
100% 100%
A-O
3s ser A—-I960
105%
95
101
105 % 105%
j-d
103%
105%
106
*106%
1970
J-D
*105
1971
j-d
105
L
1974
j-d
M
1979
j-d
N
ref
3s
1st
&
ref
2%s
70
37
100 %
J-D
J-D
K
&
79
F-A
—1975
102%
I
1st & ref
74%
•
87
53%
1st &
85%
1—1977
j-d
1981
j-d
I—
series
series
series
series
1966
P—
ref
2%s series Q
M 3Vis ser R
ref
&
Pacific
3s
series
M 3s
106%
Tel
&
Tel
105%
16
101%
105 % 105 %
24
101 Va
105%
105
105%
13
101%
105%
*100
102%
105%
102%
104% 104%
105%
102%
5
100%
105
1980
debs
J-D
J-D
95
102
102%
*104% 105%
1983
2%s
j-d
-1982
S
ser
105%
♦103% 104
1985
j-d
99%
99%
15
105%
100%
102%
105%
103%
99%
98%
103%
104
5
93%
100%
4
95%
102%
105%
3
100%
59
80'/a
3Vis
debentures
1978
ir-a
106% 105%
35
103
107
3Vis
debentures
1983
v-«
104% 104"%
13
100%
105%
101
101
104 Vi
104%
I
A-O
71
66 V*
71
88
F-A
88
86%
88%
76
75%
89%
M-M
47%
Pacific Western Oil 3%s debs
46%
48 Va
411
37%
49%
Paducah
ir-«
88
86%
88
198
75%
89%
88
87
88
45
75%
89%
494
20%
27%
28
75%
89%
M-M
25 %
23%
25 V*
A-O
88
87
88
F-A
88
86%
88
V*
58
75%
50%
1
102%
5
101
102
102
54
54
54%
33
71%
72%
6
66%
2
"• 102
66%
M-M
♦97 V*
A-O
89%
3s
f
s
58%
70
81%
Cons
75%
General
4Vis
General
5s
65
93
91
100%
Pennsylvania
98
105 %
*86
83
89 V*
mm**
M-M
102%
103 %
105%
Peoria
104
105
Pere
103 %
105%
Phila
20
45
M-M
117% 117%
A-O
Jf-8
*104
1988
J-J
*106% 107%
F-A
1974
m-m
117
4
a-a
*103% 104%
>
___
&
*75
99%
Marquette Ry 3%s
Bait & Wash RR
103%
a-a
A-O
98
*95%
75
1st
&
ref
2%s
1st
&
ref
2%s—
.
'
ref
&
2%s
J § A Philippine
1971
98
88
98
89%
50
Ry 1st
f 4s
s
93
♦93%
lb
93%
96
U-M
97
85 Vi
94
98%
92
99
Gen
mtge
95
Gen
mtge 5s series B
mtge 3%s series E
*112
*102
113
50
61%
Pittsb
57
55%
57%
216
52
2013
A-O
66%
Pittsburgh
63
a-a
a-j
F-A.
....
64%
75
*73%
84
52%
53
52%
F-A
F-A
73
F-A
104
1960
J-D
52
*50
a-j
3043
a-j
19
95
*91
100%
A——
*100
t>
99%
100%
12
99 V*
102%
99
101 Vi
8%
9
7%
~1
101%
s
104
8%
j-d
,
22
*102% 108
a-D
M-M
*103%
A-O
&
4 %s
j-d
A-O
Chem 1st mtge 3%s_1964
Consolidation Coal—
mtge
r
1965
—
U-M
97
10%
10
103%
100
107%
105%
103 V*
103%
108%
113%
—
109%
114%
100
100%
100%
13
96%
107
100
100 »/*
4
97
108
9
75
76
*100
76
100%
89
99%
101%
a-a
102% 103
100%
103
a-o
*99% 101
97%
103
j-d
*84 Vi
series
A
4%s
series
B___;
1959
A-O
85 %
85%
1
series
C
1960
A-O
83%
85%
21
60%
F-A
*108 %
86%
si y*
92%
81
92
80%
92
107%
109
'
58
100%
gen
5s series C
1st
gen
4%s series D_
95
Pittston
92%,
Potomac
101 %
100
100
100
100
95
22.
7%
„
4%s
100
'
96
102%
104%
103%
„
mtge
Pitts Youngstown & Ashtabula
Ry—
1st gen 5s series B_———
1962
103%
105
mtge
1958
103
102%
~2
i
*8
1975
110
106%
10
1st
85%
99%
——
99%
1970
116%
106%
103% 103%
99% 100
a-a
1975
103 Va
114
1st
5
104%
104 V*
61
2
16
96
56%
94%
90%
92
100% 100%
10
50%
49%
—
95
A-O
F-A
series
1st
99%
119
61%
50
52
5
52
99% 100
A-O
M-M
52%
Coke
5s
Pittsburgh Steel 1st. mtge 4%s—1958
Pittsburgh & West Virginia Ry—
1st
87
103%
50
14
52
52
103
102 Vi 102%
F-A
—1957
3%s debentures
.
75
106%
102%
103
102%
*110%
54%
81%
101%
101%
102
105%
M-M
53%
59%
85%
84%
98%
*104
54%
68%
14
—
105
*109%
A-O
83
.
12
114
*107%
105%
F-A
F-A
37
104
75
102
F-A
.1996
63
51
14
102
1960
.2012
77%
104 Va
113% 116
94% 106%
96% 110
5
gtd 4%s series I—_——1963
Cons gtd 4%s series J———-—1964
Pgh Cine Chic & St Louis RR—
Gen
61
68
109
*102
Cons
76%
100%
12
77%
j-d
_1937
Cons gtd 4s series G
Cons gtd 4s series H.
94%
25
103 Va
99%
116%
*51% 55%
115
—1978
88%
96
99% 100%
—1981
93
97
87
*11%
U-M
A Certificates of deposit
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer & L Erie 2%s—1996
Pgh Cine Chic & St Louis Ry—
Cons gtd 4 series F——
—1953
105%
103
*103% 105
a-D
1967
——1974
—;
93
F-A
2043
M-M
a-a
96
96
&
2000
33.
F-A
a-a
2%s_
100% 104
M
1°96
A
Apr
ref. 2%s—_—
9
98
—
1997
1996
A-O
1974
87
77
116%
F-A
ref
103%
a-D
1974
&
6
a-a
1977
&
103% 103%
102% 102%
1985
100
86%
86%
———.
a-a
74
104%
Co—
1st
98
A-O
Philadelphia Co coll tr 4%s——1961
Philadelphia Electric Co—
.
86%
j-j
D—1980
ser
1st
2
99% 100%
—I960
ext;
1st
99%
mm mm
100%
Apr 1990
4s
4s
5s series B__—
General gold 4Vis series C
118
103%
100%
95 V4
JnD
A-O
.1984
& Pekin Union Ry 5%s
107
103%
'**
E
J-D
113% 113%
94% 96
—1963
105
75
——
'
F-A
1952
104%
99%
52
102
% 103%
1968
3Vis
103%
——
„
*105% 105%
series
103
.
104 Va
A-O
1965
General
98% 100%
101% 102
—
151
103% 103%
*103% 105%
1981
A
B—
debentures
A Income
93%
3
'mm*
series
Peoria & Eastern
89 Yt
8
*101%
—
deb
conv
102 V* 102 V* a
J-D
104
103
A-O
1965
series
mtge 4%s
105 V* 105 V*
105
74
*103
j-d
1960
Gen mtge 3Vis series F
Peoples Gas Light & Coke Co—
3s
J-D
69
RR—
sinking fund 4%s
General 4%s series D
..
F-A
72
M-M
1952
debentures
50%
'104% 105%
A-O
debentures—1960
Pennsylvania Glass Sand 3Vis
1960
Pennsylvania Power & Light Co—
1st mtge 3s
1975
m
-
income
Gtd 4s series E trust ctfs
102%
59
conv
104% 104%
J-J
105%
Pennsylvania Co—
104%
*56
M-M
A3 Vis
.
J-D
1964
& 111 1st s f gold 4%s„_1955
Pennsylvania-Central Airlines—
62%
102% 102 %
f-a
1996
page
107
102'/a 102%
1996
f
see
105%
105
1996
series B
For footnotes
a-a
U-M
1979
series
ref
62
1967
A
gold 3%s
series
107
A-O
Connecting RR 2%s series B—1975
1st gold 4s
1951
4s
107
A-O
Y Dock
Mtge
99%
97
1987
.1954
registered
Mtge
101%
100
1986
deposit.
New York Chicago A St Louis—
Ref mtge 3 Vis ser X
N Y
♦99
debentures
1956
3%s registered
N Y A Harlem
102
98%
debentures
deposit
Mich Cent coU gold 3%S
ser
98%
__
2%s
1956
General
mtge 3s
2
17
101% 101%
101 Va 101%
♦101%
3 Vis
1974
N Y Central A Hudson
River RR—
1st
101%
69%
1986
Now York Central RR
CoCons 4s series A
3 Vis
95
103%
70%
1982
Light 3s
mtge 3%s
3%s registered
Lake Shore coll gold
95
•
95%
61
1961'
lmpt 4%s series
Ref A lmpt 5s series C
83
81
59
Co—
Ref A
1
8
48
1
—1954
deposit
of
86%
88%
99% 100
64%
Pacific Gas & Electric Co—
&
41
1958
D
series
86 %
1975
1978
1st
66%
U-M
C
of
79%
1974
3s—
3s
27
deposit
of
F-A
_1948
3 Vis
mortgage
ref
26
M-N
gtd 1st 4s
Certificates
A 1st
4s
1st mtge 3s
2%s
&
69 V*
J-D
———
series
62 %
85%
99%
U-M
1st
44%
104% 105 V*
*99% 100%
series
4%s
a-a
a-a
1979
3s
68 Va
104%
A Certificates
88
♦57%
76%
1
{New Orleans Texas
A Mexico Ry—
A 1st 5s
series B———————
1954
A 1st
61%
72%
79%
62%
61V*
1953
A 1st
54
41
J-J
99
61
85
61
New Orleans Great
Nor 5s A
1983
New Orleans &
Northeastern RR—
Ref A Imp 4%s series A
1962
New Orleans Term
1st gtd 48
,
101%
56 Va
72
M-M
ref
44
A-O
of
106%
94%
88
62%
__
102% 103%
*--?•
Q-F
Q-A
1979
&
44
105
Certificates
2047
2
Telephone—
1st & ref 3s series J
68%
2000
gtd 4%s series B
A
107%
97
♦104%
103%
A-O
1st
j-a
105
&
105
37
q-j
Q-J
1977
mtge 2%s
105 %
101%
82%
A-O
Jersey Power
I-
u-M
A-O
105%
J-D
1956
Jersey Bell Telephone 3Vis
New
112 Va
77
81
108%
48%
82%
J-D
N J Junction RR
131%
111
J-J
105
10
♦102% 103%
a-a
1958
3s debentures
New
128
♦111
1975
102%
53
1970
debentures
♦130
1978
mortgage
1st
100
98
105
3Vis debs_1974
mtge 3s
1963
2%s debs
1967
1st
1
77
A-O
61
1986
Tel
A-O
61V*
& St Louis—
Nat'l Distillers
Products
National Steel
Corp 1st
&
109 V*
a-a
National Dairy Products
2%s debs_1970
Tel
105 Va
106%
102%
66
100
♦105% 105%
1991
3s series B
England
101 Va
3
u-a
1974
Oklahoma Gas & Electric 2%
Conv
New
2%s
guaranteed
mtge
Gen
National Supply
Naugatuck RR 1st gold
"I
a-a
Mountain States Tel A
Tel 2%s—1986
3Vis debentures
1976
3s
105% 105 %
106% 106%
3s
1st
J-J
1966
gtd 3 Vis
Constr M 5s series A
Constr M 4 %s series B
1st mtge
101%
106%
Co—
Oregon-Washington RR
M-M
1981
B
Co 3s debs
Chattanooga
75
97%
103 Va
100
M-M
1949
Morris A Essex 1st
Nashville
62
8
10
__
tOgdensburg & Lake Champlain Ry—
1st
107%
1980
H
gtd 4s
Monongahela Ry 3V*s series
■
Power
M-M
1st A ref
gold 5s series
& ref 5s series I
Mohawk Si Malone
+
100%
u-a
1977
A
ser
22
1962
series P
5%s
46 Va
35
14
m.S
1975
mtge
mtge
Ohio Edison
100%
103%
1962
A 1st
'
97
107
series G
§AConv gold
33
28
6
101% 101 %
♦106%
107%
a-a
2047
1970
ref
ref 5s
16
62
j-j
98 %
104%
1976
General 4s
A
62
M-M
F-A
2047
1966
A
96
36%
5
63 %
95
100%
1990
A 1st A ref
5s series A
Morrell
61
103%
RR Co—
A 1st
50
H
14
2%s
1st
1st
A 1st
36 Vi
2047
4Vis
States
(Minn)
91%
61
♦106
A—Jan 1967
{Missouri Pacific
a
85
♦102
RR—
A
40-year 4s series B
Prior lien 4Vis series D
A Cum
adjust 5s series
A
J-D
87%
100%
♦100
1969
1st 4s
5s
J -J
1969
Missouri-Kansas-Texas
lien
88
88
54%
♦103% 104%
1967
IS AMidland of N J 1st
ext 5s
1940
Minnesota Mining A Mlg 2Vis
ivo l
Minn St Paul A
Sault Ste Marie—
1st mtge 4Vis inc
ser A
Jan 1971
A Gen
mtge 4s inc ser A
Jan 1991
Mo Kansas A Texas
Prior
88
88
♦50%
M-M
Cons Gas 1st
mtge 3Vis_196f
mtge
4
71'/a
A-O
1979
1st mtge 3%s
3%s s f debentures
54%
11%
1017/a
102 Vi
65
1952
Jack Lans A
Sag 3%8
1st gold 3 Vis
Ref A lmpt 4Vis
1st
65
195JL
Michigan Central—
Michigan
88
54
2047
3Vis debentures
M-M
93 %
'
93%
109 Vi
1982
debentures
—Jan
&
•Coll
100 V*
97%
92%
107%
100%
65
M-M
13
35
1997
3s
Ref & impt 5s series C
Ref & impt 5s series D
84
10
♦102
J-D
2%
14
.-1997
1st mtge 3s
Northwestern Bell
m-m
6%
10
♦—
—2014
.
registered
lmpt 4%s series A
Ref
94%
—
*108%
J-D
20
F-A
.—1966
registered
General lien
m
1172
1960
1954
Maine Central RR 4%s
ser A
1st mtge A con 4s
aer B
Manatl Sugar 4s sink
8%
3%
Co.—-
4s__;
(Wise)
Macy (R H) A Co 2%s debs
Ry
mtge 5s conv inc
Prior
'
m-m
103%
104%
8
3
F-A
Norfolk & Western Ry 1st gold 4s_1996
Northern Central gen Si iel 5s
1974
Gen & ref 4%s series A
1974
Northern Pacific Railway—
/
M-M
101%
♦102
A-O
1981
27%
3IV*
*95
1955
48%
101% 101%
—1978
27%
*104 % 105%
1910
69%
33%
J-D
1st gold 5s
—1943
Telephone 2%s ser D———1982
*«%
50
26%
u-a
56
178
U-M
gATerminal
jy
♦106% 106%
104% 104%
M-M
1st
.
16
J-D
1965
201
39%
M-M
!
1971
61
37%
1937
5s
—
*122
A-O
59%
39%
1940
4Vis
gold
16
*106% 106%
1963
debentures
Louisville Gas A Elec
gold
41%
*101
1951
3s
61
May
a-a
§A2d
§ AGeneral
.
—
U-M
Lorillard (P) Co deb 6s
J-J
♦98 Vi 100
50%
A-O
1952
1962
81
105% 105%
32
Little Miami gen 4s series A
ALombard Electric 7s series A
71
a-a
71%
A-O
9
j-j
30%
fr
72%
73%
1963
40%
—2003
Lehigh Valley Terminal Ry ext Bt-1951
Lexington Sc Eastern Ry 1st 5s
1961
Liggett Si Myers Tobacco 5s
1951
40
30
56
2003
62 %
1977
50%
*54
—2003
A5s series P wi
3
Y Susquehanna & Western RR—
§ Alst refunding 5s
—
1937
46%
36%
40%
69 Vi
73%
?N
37
High
69
1955
—
146
M-M
A4%s series E wi
4s
67%
Jf-N
50%
Jan. 1
Low
M-M
1954
34%
2003
i
AGeneral
70%
M-M
2003
Range Since
Sold
No.
RR—
mortgage 4s
67%
M-m
2003
.
Hartford
33%
w
Bonds
M-M
N Y Power & Light 1st mtge 2%s_1975
N Y & Putnam 1st cons gtd 4s
1993
93
56%
&
N Y state Elec & Gas 2%s
N Y Steam Corp 1st 3%s
2003
w
72
Haven
High
1973
JAN Y Ont & West ref 4s—June 1992
101%
78
2003
wl
series D
98
—
2003
Gen cons mtge 4s ser A wi
4Vis series B wi
5s
__
84
Friday's
Harlem
1st
.1964
or
Bid A Asked
1973
—
1st & ref mtge 4s ser A——
2007
A Gen mtge conv inc 4%'s ser A-2022
River Si Port Chester—
97
Lehigh Coal
Lehigh Valley Coal Co—
5s stamped
5s stamped
B
series
New
Y
94
91V*
Week's Range
Last
gale Price
low
Ltd—
1st mtge income reg.
& Navigation Co—
S P mtge 3%« aer A
Peried
High
Low
3
84%
Interest
New York Stoek Exchange
Jan. 1
Sold
High
-1987
3
Bonds
Friday's
Bid A Asked
1st
Co
5%s
Elec Pwr
1974
inc
debs
1st
mortgage 3%s
1st mortgage 3s
1st mortgage 2%s
Providence Terminal
j-d
1964
mtge
3%s—1966
——1977
1983
j-j
100
j-j
*106
F-A
j-a
—__—_1984
4s
~
j-D
—1977
M-m
99%
100%
106
*104 % 106
107 Va
106%
108 V*
102
104%
.
M-N
1956
100
108% 108 V*
99%
99%
99%
'
Volume 170
Number 4841
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1213)
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
New York Stock
Public
3s
Exchange
or
Sale Price
Low
1963
1st
ft
&
mtge
ref
,1-J
.2037
High
105
0-0
L_1B72
mtge 2%s
1979
SEPTEMBER
23
Low
106
v
107%
J-D
*103%
104%
100%
RR
of
Orleans
New
3%s__1974
or
Friday's
102%
Ohio
ft
Bonds
Bid & Asked
J-D
Range Since
Sold
High
1960
*102%
J-J
45 Vi
I960
A-O
19
Cent ref ft impt 3%s__1960
J-D
AAdj income 5s
T01
106%
103%
—
Week's Range
Last
Sale Price
Jan. 1
No.
Low
High
100%
102%
Pacific—
tThird Ave Ry 1st ref 4s
148
220
104
Pacific-Missouri
Term
109 %
146 Vi
106
*
Period
Low
105%
215
__
106
Interest
/vi-V;':-
High
101%
6
■t
,
New York Stock Exchange
Texas
'If:
BONDS
"V
Jan. 1
No.
105 %
*217
Jl-N
ENDED
Range Since
Sold
*108% 109%
*148Vi
W.«
J-J
b*
mtge 3s
WEEK
Friday
Bonds
—
ref
ref
1st &
M-N
1968
1st & ref mtge 3ViS
1st & ref mtge 5s
Friday's
Bid ft Asked
Service Elec ft Gas Co—
debentures
1st
Last
Period
FOR
Week's Range
Jan
Tri-Continental Corp 2%s debs
44 %
46
120
41
17%
19%
164
16%
94
Jf-S
1961
„
94
1
*99
110%
102
98%
100%
110
71%
45%
94
100%
U
Quaker Oats 2%s deb
1964
*
J-J
102 % 103
Union Electric
1st mtge
Reading Co 1st
ft ref 3%s
D—1995
Union
Jf-N
Reynolds (R J) Tobacco 3s debs__1973
A-0
Rochester
Gas
ft
Elec
ser
90%
90%
1
105% 105%
1
mtge
4%s aeries D
1977
US
Gen
mtge
3%s series H
1967
85
mtge
3%s
1967
us
1969
us
93%
run
mfcse
I
3%s series
J
fARut-Canadlan as stamped
ISARutland RR 4%s stamped
1949
J-J
Saguenay Power 3s
1971
US
1996
J-J
1996
A-0
1955
106 Va
.
J-J
2d
A
gold 6s
Rocky Mt ft P 5s stamped
St Louis-San Francisco
Ry Co—
1st mtge 4s series A
A 2nd
1st
4s
4s
bond
inc
certificates
bond
1997
4%s
J-J
Southern
Pacific
J-J
ser
—
mtge 27/bs series E
1st mtge 2%s series F
101
100%
26
64
58%
100%
98%
987/a
49
99
98%
A-0
3
95
123
106% 106%
15
100%
100% 101 Va
3
J-J
*103
....
J-J
97%
Jf-N
89%
Jf-N
85%
A.1975
J-D
70
87
89%
35
74%
85%
53
75
100
„
88%
83
83
83
6
77
1961
1st mtge 2%s series G
Southern Ry 1st cons
J-J
J-J
J-J
94 74
94'A
94%
5
92%
1994
J-J
11178
23
109%
A-O
102
79%
1956
A-O
1951
Southwestern Bell Tel 2%s debs
1985
3 Vis
1950
A-O
J-J
...
85%
J-J
«...
10
102% 103
*—
•
"
Apr
_
43
*104
104%
102%
93%
ft
2Vis
Co
J-J
J-J
1973
debentures
J-J
1972
2%s debs
21
101%
U-N
98 Va
104%
101%
104 V.
112%
*103%
JS
*—
A-O
Jf-N
1973
A-0
103%
80
102%
103%
80
7
104
79
16
102% 102%
*105%
96
98
102%
103%
—
106%
85%
F-A
*44
F-A
*_
4s
guaranteed
real
ft
estate
5s_
4Vis
J-D
mtge
ft
3 Vis series
Central
105%
107%
10
106% 106%
106%
109%
54
31
52%
51%
52%
24
49%
98%
99%
65
97%
May
55
100 % 100%
U-N
J-J
80
3
99 Va
101
100
30
95 Vi
102
93%
-
US
95
41
86»
101%
102%
60
64%
86%
22
100%
101%
101% 101%
J-J
80
100% 101
100%
14
98 >/a
101 Va
102'/2 102%
ij-f*
J-J
99
A-O
—I960
J-J
•<H
96%
deposit
74%
'74%
75%
52
115%
42%
41%
42%
45
71%
J-J
Electric
Power
...
1976
J-D
1979
MS
J-J
J-J
101
ioo
—
ioo
74%
36
49%
35%
1971
Service
78
71%
If-N
2%s
mortgage 2Vis
Public
104
112'/a
—
100
102%
Ry—
3%s
1st
Wisconsin
99%
96%
103%.
*115%
103
'**"
99
*103
J-J
1949
99%
*98
100
.53
J-D
US
3s——1958
62
77%
95
J-J
63%
101%
99 Bi
99 Bi
U-3
1967
.
105% 105%
*104% 105%
106%
52%
1973
D
55
99%
106%
55
1971
Co
45
99%
98%
1951
—
106%
103%
MS
1960
debentures
48
-
A-O
———1951
92
85
104%
100%
105 %
Af-N
1950
76%
99%
102
'103% 104'/2
US
1st
85%
106% 106%
J-D
1967
94%
98%
" 85%
106%
83
64 Va
98%
*101
A-O
1950
69%
68
.
Jf-N
A—1970
69 Vi
66%
U-N
1970
ser
69%
66 Vi
Apr
2361
Wisconsin
98%
97%
101%
"2
104V4 104%
—
—
—
97
6
*100% 101
10b
98%
SASu ft Du div ft term 1st 4s—1936
A Certificates of
deposit
103
98
.
102
106
107%
Yonkers Elec Lt ft Power 2%s__1976
1974
1960
Sunray Oil Corp 2Vas debs
Swift
102
102%
gtd———1979
gAlst general 4s
A Certificates of
98
102% 102%
3s
Shore
^Wisconsin
52
28
*
114
1995
stpd gtd
1st mortgage
Winston-Salem S B 1st 4s
107%
«...
97%
102
107%
106
J-J
1st
104
97%
F-A
'
102
-*„
1968
Wilson
102%
41
10
•
5s
2.65s conv debentures
108
96
103%
42
_
—.
83%
*105
Wheeling & Lake Erie RR 2%s A-1992
Wheeiing Steel 3%s series C
1970
110
101%
17
96
75%
*101% 102
2003
3Vis
mtge
mtge
2%s
107
99%
*106%
1st gtd 5s
Westinghouse El & Mfg 2 Vis
98
104
-
102%
101% 101%
Af-N
.90
84%
95%
4
108
*102
A-0
Jf-N
1971
;83%
f
100% 101%
1996
debentures
1983
A Spokane
Internet 1st gold
4Vis__2013
Standard Oil of Calif 2%s debs
1966
Standard Oil (N J) deb 2%s
debentures
lllVa 111 Va
85
06
Af-8
1958
25-year gold
30-year 5s
116 Va
1956
gold 5s
Devel & gen 4s series A
Ds^el & gen 6s series A
Devel & gen 6Vis series A
Memphis Div 1st gold 5s
St Louis Div 1st
gold 48
84
102
1979
5s_
Funding
95%
1
947/a
MS
Registered
2361
Western Maryland 1st mtge 4s
1952
Western Pacific 4%s inc A
Jan 2014
Western Union Telegraph Co—
101
1986
1996
88%
101%
A-O
West
92%
—
1975
Baking Co—
debs
(subordinated)
Gen
95%
84
*100%
97
99 Va
93'/a
«...
*101
West Penn Power 3 Vis series I
101%
88%
—
91%
5
11
94%
1978
2%s.ser G
M
F-A
Jf-N
Warren RR 1st ref gtd gold 3 Vis—2000
77%
89
—
98
ref
Westchester Ltg
101%
103%
97
71
96%
24
103
103%
1963
Washington Terminal 2%s
106 %
94%
.
103%
*—
--
lOCVa
;
96
Apr
Gen
IO6V4
F-A
1953
1957
debentures
conv
cons
5Vis
123 Va
J-J
g 4s
series B
ft Southwest
Ward
99%
—
1979
series A
cons
Apr
54%
102%
32
—
1985
Jf-8
99 'A
25
100
99
*123 Va
95%
94%
*96% 100'A
1st mtge 3Vis series B
1971
Walker (Hiram) G ft W 2%s debs_1966
Walworth Co conv debentures 3%s_1976
100%
96
27
49
102%
99%
100%
101 Va 101%
94%
*84
Gen mtge 4s inc series A
Jan 1981
Gen mtge inc 4 Vis series B—Jan 1991
98
*102
2
21
103%
Wabash RR Co—
69%
94%
987s
~4
W
102%
53
104%
A-O
102
128
100
mmam'
103
Jf-S
103%
107%
106%
■
127
.
97%
F-A
J-D
11'
""
104 %
.1959
debs
Virginian Ry 3s series B
1st lien ft ref M 3 Vis ser C
92
*100 Va 100%
J-J
Va
112
85%
—
62'/a
—
A- O
105
f
;.
„
*96%
Co—
1st
2%s
63 V2
J-D
J-D
12
102 %
100 %
.1967
Pictures 3%s
f 4s
s
ft
1st
111%
100% 101
——
J-J
1981
mtg 3%s
RR
61%
*126
--
1969
4Vis
San Fr Term 1st
46%
*102'/a
1977
A
4%s
Gold
301
1st
88%
*107%
„
U-N
1963
83
*90% 94%
102% 103
103
1994
(Oregon Lines)
100
147
1987
debentures
Southern Indiana Ry 2%s
Southern Pacific Co—
1st
debentures
Jf-N
110%
99%
—
103
—.
Cons
86
97
—
88%
111
—
A-0
1971
2%s
Gold
71%
-
C
Virginia Electric & Power Co—
1st ft ref mtge 2%s series E
1st & ref mtge 3s series F
76
53%. 55%
lll'A
J-D
i§ASilesian-Amer Corp coll tr 78—1941
Skelly Oil 2%s debs
„1965
Socony-Vacuum Oil 2%s
1976
Nor Ala RR
gtd 5s
Southern Bell Tel ft Tel Co—
3s debentures
2%s debentures
__
series
103
«...
102
67
-100
87
55 Va
J-J
1990
South &
*99
88
U-N
AGen mtge 4%s series A
Jan 2016
Seagram (Jos E) & Sons 2%s
1966
3s debentures
1974
Union Oil 2%s debs
,
102% 102%
108%
4
—
12%
97%
68
'
*73%
.!•
May
Nov 1989
Seaboard Air Line RR Co—
1st mtge 4s series A
102%
.*—.
J-J
_1989
ctfs
*102
—
F-A
Jf-S
Universal
10
8 Va
V ~6
10%
J-D
.1970
A-O
3Vis
Gen & ref gold 5s series A
1990
St Paul ft Duluth 1st
cons gold 4s_1968
St Paul Union
Dept 3%s B
1971
Scioto V & N E 1st
gtd 4s
1989
Shell
9%
103% 103'A
*101%
*104'A
RR—
2%s
mtge
2%s
106%
7%
...
110 Va
.1991
.
mtge inc 4%s ser A—Jan 2022
Louis-Southwestern Ry—
2d
105%
„.
10
J-J
1970
debentures
Vandalia RR
series
Adir 1st gold 5s
Bt L
St
*8%
9%
— —
.1967
deb
3s
Jf-N
United Biscuit Co of Amer 2%s— .1966
U S Rubber 2%s debs
.1976
119 Va
"""■
107%
*106
....
J-J
1941
St Lawr ft
117
—
■
*11
•
Pacific
2Vis
Ref
*119% 122%
——
series
.1968
Calif
of
Jf-N
A-0
debentures
Union
106%
US
Gen
Oil
2%s
102%
Corp—
Gen
.1971
.1975
debentures
3s
R
of Mo 3%s
Co
& coll trust 2%s
46%
95%
100
101%
4
101%
104%
106% 106%
107
104%
.Y
*96%
96 Va
94
—
Terminal RR Assn of St Louis
—2019
Ref
imp 2%s
Corp 3s deb
Texas
ft
1st
New
series
&
ref
M
ref
M
J-J
A-0
U-N
*120%
3%8 series B.
3%s series C.
-1970
A-O
-2000
J-D
-1985
103%
106
106%
A-O
-1990
115%
—
*103
106
RR^-~
Orleans
1st ft
D.
-1985
-1965
ft
Texas
J-J
*95Vi
93
96Vi
92
Deferred
103%
Included
106'/a
not
94%
93
97%
118%
100% 102
8
97%
in
delivery sale
the
included
not
year's range
the
in
year s
Included
the
In
Under-the-rule
n
year's range,
d Ex-Interest,
sale not Included
e
Odd-lot
the year ■ range,
in
sale
not
r oasn
■
y Ex-coupon.
range,
§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.
99
88%
8
*1247/a 137
100%
a
119%
99%
104%
31
_
,
..
__
_f
the Bankruptcy
127
ABonds
102%
selling
flat.
NEW YORK CURB EXCHANGE
WEEKLY
In the
following extensive list
furnish
we
a
AND
YEARLY
complete record of the transactions
RECORD
New York Curb Exchange for the week beginning on Saturday, Sept. 17
and ending the current
Friday, Sept. 23. It is compiled from the reports of the Curb Exchange itself, and is intended to include
every security, whether stock
or bond, in which
any dealings have occurred during the current
year.
RANGE
Week'8
Friday
STOCKS—
New York Curb
Last
Exchange
Par
ACF-Brill
Acme
Motors
Aluminum
Acme
Wire
Adam
Hat
Co
Alloys
1
common
Stores
Ainsworth
Air
Mfg
Associates
Inc..—
Air-Way
Stores
Electric
(N
Appliance
Great
Power
4.20%
Airlines
Fisher
&
Inc
Internat
Investing
Products
(Mich)
Co
of
Aluminum
Aluminum
Goods
Corp
common
America
—
1%
—
20
1
65/s
200
7%
Jun
4%
6%
Jan
8 Va
Jun
5%
«...
....
5%
Jun
3% May
1% Mar
500
9%
9
__
'
——
1%
__
—
81
100
93
4%
Feb
High
5
•
3%
Jan
American
32%
Jan
American
-
6
Jan
7%
Jan
6%
Apr
•
common—•
Mfg
common
100
*
•
....
——
■
•!
Class
4%%
50
98%
98%
„
6
Low
46%
4,-069
35%
U
Jun
51%
Jan
n
3,000
&
Sep
1%
Jan
1
Jun
1%
58
July
■:
'
/'-:i
High
—l
——
—mm
Sep
American
Hard
Apr
American
Laundry
Jan
7%
*r
6
2,400
Mar
111
7%
•o;'
100
2%
—1
iV
V'
...
.lOo
_
preferred
3%
3%
100
Feb
Feb
6
5%
Sep
2%
Feb
3%
Apr
American
13%
Jun
17%
Jan
American
5Va
Feb
6 %
May
American
9%, Jan
American
/
American
Rubber
36
2%
35%
''
1
Co
28
.20
Mach
Mfg Co common
Maracaibo
.
Jan
2
Jun
7%
2%
900
36
350
27%
Feb
36 %
—I
900
Mar
5,000
45%
Jun
200
93%
Jan
200
20% July
4% Jun
54
Mar
6%
100% Aug
37%
Sep
200
9%
Jun
13%
Jan
19%
18 S/8
19%
350
18i/4
Sep
25 %
Apr
xl4'/e x14V8
4
26%
Jan
Class
6%
Jan
American
100
3%
4%
10%
10%
300
38 Va
100
.
'V
9,300
13
July
15% Mar
3
Jun
5'A
Jan
7%
Jun
10%
Aug
Feb
41
Jan
'
common.. —2
.10%
•
•
Co
com__—
Potash
38%
38%
28
26%
28%
11,500
28'A
Sep
30
Jun
32 Va
Sep
*
24%
24%
24%
100
22%
Jun
28'A Mar
•
Natural Gas Co
preferred
American
T
Meter
Sep
Jan
10%
«...
32%
114% May
2% July
10%
4.."- •'
25
Co
Metal Products
Sep
•/
10%
*
Jv
Jan
Jan
•
.
Corp common
prefer»ed
convertible
66
Light—
—
98%
convertible
J8
Electric—
&
American General
For footnotes see
page 37.
class A_..III
7%
Gas
91
__
6
Range Since January 1
High
44
100
&
preferred
$2.50
6
43%
46%
B
American
1
Co
Co
Jun
„
.
Shares
■:
Low
•
common
Power
Mar
■
50
Book
Cities
7
'
6%
Beverage
American
10% Mar
Car
92 Va
1,800
5%
5%
Par
common
Bantam
American
Aug
1%
Ltd
75
•:
5
.'J,
'
■'
for Week
Range
of Prices
'
Aluminum
78% Aug
.—
•W-.'
«...
Sale Price
Sales
Week's
Last
Exchange
•
98
5%
1
:.%/
,
Jan
1V»
20
2,200
81
4%
•'
1
preferred
Industries
•
1
Altes Brewing Co
Altofer
Bros
common
cumulative
„
1%
1
common—
Allied
$3.75
1
50
pfd
Allied
Aluminum
200
New York Curb
$2
Southern
Alabama
Alles
2Va
——
1
Alabama
Alaska
Low
% May
1% Jun
—
2%
__3
J)
Friday
(
'
1
common
Inc
Ye
23
STOCKS—
.
Range Since January 1
High
—
2
SEPTEMBER
.
Shares
10
Aero
Supply Mfg
Agnew Surpass Shoe
....
ENDED
for Week
of Prices
Low
warrants
WEEK
Sales
Range
Sale Price
FOR
on
25
24 V,
25
700
22%
Jun
26%
26 Vo
27%
3,700
20%
Jun
28V4 Mar
27% Sep
25
&
B
Republics
Chem
class
A—
I10
__
34
17%
Jan
.
COMMERCIAL .&
THE
(1214)
34
Week's
Range
Friday
'A
STOCKS—
Last
:
■
Sale Price
New York Curb Exchange
WEEK
FOR
RANGE
EXCHANGE
CURB
YORK
NEW
ENDED
SEPTEMBER 23
Low
American
Amer
Seal-Kap
prelerred
series
Thread
American
preferred
5%
American Writing Paper common
Last
STOCKS—
Shares
4%
2%
500
4%
%
Sep
4"%
4% May
200
5%
7%
Feb
300
4%
Jun
5%
8
300
7% Feb
Jan
6%
~E
~e
::
Jan
102
Jan
58
700
Apr
Jan
12%
£1
1
1
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4% 1* pfd
10#
Argus
preferred
Asplnook (The) Corp
Associated Electric Industries—
conv
Feb
3% May
Clark
5
Jun
8%
Clarostat
2%
.350
103%
1,700
2%
1%
Apr
Jun
5%
Jan
5%
Jan
10%
10%
10%
300
10%
Jan
50
113%
Jan
115
7%
400
6
Jun
7%
Jun
17%
6
Jan
10 V« Mar
8%
8%
100
6!
Jan
9% Mar
51,400
38%
Feb
57
14%
700
12.%
Jan
14% Aug
13%
13%
200
10%
Jan
14
Jun
16
16
200
14%
Jun
17
Mar
2%
1,600
1% Aug
3%
2%
50,500
1%
Jun
2%
-4
6
€
100
5%
Jun
8
Feb
Product* do.
Aluminum
Sep
r
Colon
Assert* ted Laundries of America
Associated Tel & Tel class A
Atlantic Coast Fisheries—
34 Mi
Apr
300
4
Aug
5%
Jan
10
4
Mar
Jun
--
"5%
3%
Jan
5%
2,000
4
Jun
7%
Jun
19%
Jan
Colonial
21%
Jun
23%
Feb
3%
Jun
4%
Apr
4%
Jan
4%
4%
%
11
43%
37%
43%
5%
4%
5%
3,900
30%
30%
30%
200
—I
Colonial Sand ft Stone Co
Sep
4%
4%
—21
14%
1,800
Colorado Fuel ft Iron warrant*
—
-
mm
1
-
o%
2%
3%
—
40%
50
5
•
%
Jan
Community Public Servlo*
Compo Shoe Machinery—
31
500
Sep
33
16%
Feb
1 'A
May
3%
Jan
July
51 Mi
100
1
tt Aug
4,800
33%
43%
Jun
4
11,950
Feb
1
,
5%
6,100
4
15%
1,100
11
400
4%
400
series B preferred
4%%
9%
9%
200
8
Mar
21%
100
20
July
13% x 131/2
400
10
4%
5% May
6% July
Jun
Jan
1%
41
2,200
Steel
&
"9
Baumann
""
(L)
ft
Co
(a 8)
1
.1
__
I
1
Co"
com,*
Sep
18
85%
91%
1,900
70%
Co
common
Breeze
11%
11%
1%
n%
1 %
1%
500
1%
300
37
7%
7%
Feb
6%
Jun
Jan
53
~6%
Jan
52
Jun
14%
7%
Buckeye Pipe
125
2%
Jun
13%
Mar
9
Sep
$6
Jan
9
Feb
5%
""—
•
Sep
Day Mines Inc..
Dayton Rubber Co clasa A
43%
Apr
100
Sep
200
Aug
16
Derby Oil Co
Feb
Jun
34%
Sep
1%
Apr
Sep
11%
Feb
Devoe ft
12%
1% July
2
Jan
75
21% Mar
25
Sep
11%
12%
1%
Jun
3%
Jun
4%
Feb
13% Aug
5% Aug
7%
Jun
12%
Sep
14% July
4% Jan
10% July
20%
Jan
Dominion Tar ft Cheat Co Ltd
May
11% Sep
Dominion Textile Co Ltd common
•
5
900
12%
Jun
Jun
Feb
Duke
%
%
ft
20,600
A Jun
%
Jan
2%
2%
2%
4,200
lMi Jan
Dunlop Rubber Co Ltd—
Amer dep ret* ord reg—
Duraloy (The) Co_.
Draper
2% May
8%
•
——I
'
8%
4,100
Jun
8% Mar
5% Jan
21
6% May
19 % Jun
200
22
r2 %
21
10
Jun
15%
Apr
100
7
Jun
9%
Jan
1%
5,100
1%
Jun
2"%
Jun
23%
Jan
Jun
12
Jan
20%
8%
4% *
July
Sep
8%
8%
Mar
Feb
22%
24 %
100
9
14%
200
10%
Jun
14%
Sep
9%
300
6%
Jan
10%
Jan
9
3%
8%
300
7%
Jun
10%
$7
tfl
100
7% July
9%
Jan
8%
,8%
__
111
I
3
__
—
l
_9%
65
475
Jan
22%
Apr
300
65
14%
20% Mar
preferred
1
Jun
12
May
21
•57
Jun
65i%
23
.Jun
321/2
Jan
_•
74
Feb
82%
Sep
65
6%
2%
Jun
Jan
13%
69 %
71
70
69%
70'%
13%
3%
40%
Jan
51%
111
112%
250
109
Mar
3%
3,100
2
Feb
__
——
12%
__
—
2
—
'•
3%
25
■: 4%
•
3%
.10$
300
eerie*
•
Apr
51%
Sep
5 %
Feb
15%
Aug
Sugar
2%
600
"l%
Sep
4% Mar
Jun
77
Feb
6IM1
Jun
75
Apr
Feb
13% Mar
Mar
2
common
Inc
preference
24
3%
82%
9%
--
3%
25
4%
■—
100
200
5,200
■
x4% Mar
3%
Feb
22% Aug
3% Jun
/
1%
common
America
25
50
Jun
69
Aug
1,200
39
Jun
63
Sep
Associates—
13%
14
2,100
A-74
70 %
74
2,300
60
1
141/4
11% Mar
1
convertible
oommon.
preferred
«
8%
17%
.
1
8%
15%
17%
Eureka Pip* Line oommon
Sep
10
Jan
17"%
Sep
13 Va May
•
300
97%-. 97%
10$
10
101%
Apr
*
1
.
5%
500
12%
15 %
B
12%
300
7,400
5%:
lOo
:i%
1%
1%
_i
39%
38%
39%
4%
1
Ltd
10%
-74
9% Jan
92% July
223,800
10%
Sep
Mar
5% May
10% Feb
700
1
Corp
Jan
600
iu
7%
Apr
Feb
13%
Apr
1%
%
600
31
600
5
5
4% Aug
11
4
Feb
Jun
Mar
%May
3,000
f.
1% Mar
40%
5
Sep
Jun
A* 'ft Jan
Feb
14
1$
Feb
18
21% Aug
Mar
4%
36
4%
Jan
Jan
Jan
82%
10
9
9%
700
88
88%
125
74% May
Camera ft Instrument——1
Falrehlld
Engine ft Airplane
Metallurgical
85%
Sep
Fire
Sep
9
83
15
Jan
First York Corp commoz
Jan
88%
Apr
Feb
14%
Aug
Feb
89%
Sep
13%
11 %
14
1,025
88
85
89
960
12%
13%
50
5% July
14
12%
13%
200
5% July
14
Aug
"3
Association
(Phils)
1
•
10
18%
4%
73%
2%
70
2%
1,000
12%
Feb
12,400
3%
Feb
10%
3,500
8 Mi
Feb
13%
73%
4
18%
"4%
17%
9%
10
530
57%
Jun
73%
2,500
2%
Jun
3
$2 div cum preferred.
Jun
25
51/4 Mar
Apr
Sep
3% July
33
Jan
17%
Sep
Aug
13%
loo
100
10
%
5%
55
5
__
3
35
May
9%
Jan
500
3
Jan
3
Jan
35%
50
35
Sep
36%
Apr
l
2%
2%
2%
700
2%
a.oo
6%
6%
6%
100
6
io
page 37.
2%
Jun
2%
67%
63
5% Aug
100
10
common
37% Mar
Aug
14
Eureka
Jan
62
61
•
Esquire In*
/;
41/4
Jun
175
675
.
1
A$I
112%
100
preferred
Conv pfd opt div ser
Conv pfd opt div ser 1929
Aug
67%
•
A_
shares of beneficial lnt_.
Fair child
l
Feb
2% Mar
13
Jun
26
•
Corp
preferred
3%
IB
preferred ^rles W
Fansteel
log
—100
Sep
10% Mar
3
13%
—101
Empire District Hoctrie |% pfd
Empire MUlwork Corp
Emsco Derrick ft Equipment
Equity Corp oommon
8% Aug
Jun
49
2%
7%
Apr
1%
400
9% July
•
Electro graphic Corp oommon
Jan
7%
475 *•
lOMi May
9% Mar
1
„
148% July
1% Jan
2%
100
■
May
"
*
j
7,300
8%
—
jg
.
1%
__
•
fi
1%
—
2s Id
-
148% July
«...
Aug
33
Jun
1,300
$8 pfd shares of benafldal Int.
Easy Washing Machine claw B.
Jan
7%
'
3%
Jan
Jan
11%
2,800
14%
2%
26%
3%
2%
preferred
Eastern States
July
7%
'«■
Jan
900
10
il
Eastern Malleable Imn
Sep
Aug
8%
1%:
Aug
21'A
•ommonH~v
prior preferred
Eastern
—
140
Jan
18
~9%
•
;
Eastern Gas ft Fuel Asan com.
r2% July
X24
•
_
-
common—;
1,700
7%
liy4
Jun
Jun
3%
11,300
—100
-
see
13%
9% May
132
Jan
Electric Bond ft Share
~
Central Ohio Steel Products
Central Power ft Lighi 4% pfd
For footnotes
1,000
Jan
2 %
Com
common
of
7%
5%
4%
3%
-5
Jun
l'/eiJuly
•
Central Maine Power Co—
3.50% preferred
Charl* Corp
2%
Jan
10%
Sep
1|
Co
Duval Texas Sulphur
•
•Castle
Chamberlln Co
Corp
Power
Durham Hosiery clasa B
Duro Teat, Corp common
—•
common-
Investors
Jan
400
If
21
Driver Harris Co
6%
22%
12 %
Jan
400
Carolina Power ft Light $5
pfd
Carr-Consolidated B'scuit Co
Conv
8
6%
*
200
2,000
."Lslif
Cessna Aircraft Co
Feb
6%
Sep
14%
<r3%
Dominion Bridge Co Ltd.
Dominion Steel ft Goal das* B
8%
Carman ft Co
Century
32
10
*9%
Domestic Credit Corp elaas
8%
11%
•
Century Electric Co
Jun
'
1,700
16%
Capital City Products common
"""g
Carey Baxter ft Kennedy Inc_—
~i
7 %
22%
20%
21'A
1
8,300
7%
5A
3
1%
1%
II
-
~4% "4%
•
7%
Jun
230
28
Jun
1%
Sep
2,400
•
Sep
5 Mi
v
Amer dep rots ord reg
Dobeckmun Co common.
5Vb
200
34
900
7%
—
12 %
3%
Jan
12%
13%
Raynolds claw B.
5
3%
14%
10%
—
If
12
5
12%
Jun
Sep
Jan
6
6%
8
Detroit Steel Products.
500
100
May
15%
200
■
-100
common.
Jan
1%
3
1%
27
Detroit Gasket ft Manufacturing.. —1
Detroit Gray Iron Poundry.
-1
11%
24%
,24
___
1
-
8% debenture-
Aug
Sep
21%
7%
~7%
19% Aug
Jun
10%
100
May
106
5% Mar
27% July
"7%
1
—II
23
13%
.
common—
Dejay Stores common
Dennlson Mfg class A fommpn
Alcohol—""
(Central States Elec 6%
~6%
65
Apr
Mar
Sep
4% May
Jan
14%
J.BV
Mills.
Jan
19% Mar
10
"7% ~7%
Hosiery
6
33
—
12%
1%
Sep
18%
3% May
21% Apr
350
Jan
3%
1% Jan
12%
—
—50c
16
Apr
Jun
1%
1,500
102
_10o
21%
IN'I
CY"
D
Jan
16
Apr
Sep
7
21%
6%
8%
13%
30
•
4% July
15% Jan
--
Sep
Jun
Feb /
4%
Davidson-Brothers Inc
200
~3
3,600
1
Feb
41% Jan
1 % Aug
7% Jan
3% Aug
8% Aug
11%
preferred
Products
3%
Jun
5%
700
5,400
Davenport
4%
~7%
17%
Sep
4%
Sep
Apr
Jan
42
A Jun
2 %
1
Lighting Inc common..
Curtis Mfg Co (Mo).
15%
voting
A ord
Amer dep rets B ord
6"%
11% Aug
~7
7
15%
22
4%
Aug
6%
16 Mi Mar
Feb
5
16%
f78
8,300
2,800
~8
Jun
18
2,700
14
Mar
15%
n
2%
16%
62
23%
——II
Class B non-voting
Canadian Industries Ltd—"
7%
preferred
Casco
'
28%
Curtis
8%
common
12
2%
2%
•
13%
HH'-IHZZ*
(AM) ft Co__.
Catalln Corp of America
5,400
106
common
11%
common
(J W) Co
34%
1
preferred
8%
170
i
6 Mi %
preference
Canadian Canners Ltd
Carter
33
"2%
100
■
Carreras Ltd—
Amer dep rets
12
7% Jun
1,900
2 Be
*
18
Cuban Atlantic Sugar common.
15%
:
Canada Cement Co Ltd
Carnation Co
34%
-•
1,175
•
.
—
Marconi
11
ft Jun
2% July
1
preferred
—i
California Electric Power
Camden Fire Insurance
Canadian
Jun
36
1
Co
-iio
Calgary & Edmonton Corp Ltd
Class A
31
43%
common——IM
ft Wireless—
American dyp rets 8%
pfdn
Calamba Sugar Estate
i
Convertible
300
22
.1.10
1J%*
Canadian Industrial
36%
76%
Cables
1
36
40
ret.::::::
Ltd
2,700
17%
S'ul* ®*ctrio Products
Co
6%
___•
Co common
Cuban Tobacco
c
Bread
Jan
6
ft Jan
Jan
14%
4%
73
3
""
Bunker Hill ft
Sullivan'""""
Burd Piston
Ring Co
Canada
4%
1,700
42%
24%
—l
common
B™ao,°rp.Amer dep
7,900
74%
-II
—1$
Burry Biscuit Corp
6%
21
9
—I
comnion
Line
Jan
16%
1
Oo_.
Crystal Oil Refining common
Jan
300
13
mm
-los
b
28%
5%
I
Petrol
Cent
Crown Drug
Jan
6% May
100
4,000
A™.
Junior pfd
Co
Sep
Jun
15%
8$
Distillers Co Ltd—
Bruck Mills Ltd class
14%
dep receipt* (ord reg)_*l
(Md)
Crown Cork Internat'l **A" partlc
Sep
~6%
37%
Jan
Jan
Jun
~6%
convertible preferred
Crown
Sep
35%
8
—II
ord reg
b8« Co
%
6%
Crowley Mllnerift
Apr
40
::
--
Forman'Sstmers"!
/»UT
Bruoe (E L)
7,700
3 %
1%
Jun
% May
20
1
Crosley Motors Inc..
Sep
2
33%
52
9
"H
umbla Power class
%
Jan
10%
ft
•
preferred class A
Croft Brewing
Jan
5%
11%
500
3%
—'•
Amer dep rets ord
bearer
dep rets
300
1,500
—I
Creole Petroleum-
Mar
1,700
7%
52
16%
■
ord reg
2%
800
1%
80
..
Reynolds common
American
Jan
26%
35%
9
nrf^?r dep rets
14
Sep
13%
-Hi
British Celanese Ltd
3
13%
1%
13
13%
16%
5%
7% Aug
4% May
8% Mar
7%
Power
_.
cum
100
•
Class A
4%
"5
3%
9
British-American" OllCo
British American
Tobacco^!
Rrn!!La
"5
7%
~ -21
Corp common
Bridgeport Gas Light Coll
Brlllo Mfg Co
common
Brown
Jun
3%
.100
~
LTghVft
2%
2%
103%
Jun
Sep
May
Courtaulds Ltd—
Jan
16%
Feb
1
.
Tractlon
91%
•
ft Varnish Co
1% Aug
Feb
5%
*
1
Blue Ridge
Corp common
Blumentbal (S) ft Co
cominon-I
Class b
13%
600
52
common
(H 0)
100
6%
•
Blrdsboro Steel
Fdry & Mach
Bohack
15%
common
<5% % prior eunt
Borne, Scrymser Co
Bourjols Inc—_
6
Aug
12%
7%
Cosden Petroleum common
Sep
Jun
108
1,100
Corroon ft
Jan
13
—I
common
s
55% Mar
Jun
3
3,500
114% May
Jan
8%
Jan
9
Jan
100
7%
15%
6
109
30
108
liquidating Corp
•
Consolidated Mining ft Smelt Ltd
1
Consolidated Royalty Oil
—10
Continental Car-Na-Var Corp
1
Continental Fdy ft Machine Co
1
Feb
Feb
10%
SI
"
Convertible preferred
Inc
"4
""
1
common
Canada common
Benrui Watch Co Inc
Benson ft Hedges
Biauner
7
200
6%
—
1
of
Bickford's
104
Jan
Apr
36%
290
112% 114
9%
25
Aug
15%
1
Aircraft
®
Sep
Sep
•
common
Ties common
Shoe Corp
~3%
"4
Beau-Brummel
Bell Tel
9
Pwr Ltd
"
8%
70%
Consol
4% July
1% Aug
Corp
Jun
Jan
2,100
11%
Jun
32
mm.
Barlow ft
Seellg Mfg—
$1.20 convertible A commonBasic Refractories Inc
Beck
52
sharM
Barcelona Tr Lt
Barium
6%
58 Mi
10%
49%
""
200
3,700
12%
Utilities
Gas
Cornucopia Gold Mine*
preferred
American
8%
68%
12%
$1
Baldwin Rubber Co common
Banco de los Andes—
~
8
X
Consolidated
Cook Paint
50%
Apr
66
114
100
100
preferred series O
Jan
8 Mi
Ii
Babcoek ft Wilcox Co—
Baldwin Locomotive—
Sep
5% Mar
32%
27% July
8
Consol G E L P Bait
Jan
21%
Jun
5
8%
21%
I
com
Apr
66
1
1951
Vtc ext to
Jan
6
Jun
8 %
'mm
Apr
Jan
35
4%
1%
21
—
Ayrshire Collieries Corp
Commodore
'
1
»
common
preferred
14%
14%
Feb
A Mar
5,700
40%
3%
-r
5%
Plywood Corp
Automatic Steel Products Inc
Automatic Voting Machine
Inc
7%
700
30%
i
M
Atlas
Avery (B P) ft Sons
%
%
%
•
—
Atlantic Coast Line Co
Atlas Corp warrants
Hotel
6% July
Jan
12
3,100
5
$1
6,700
10
_5%
1
Airlines
19%
•
Sep
22
--
Development ordinary-
22%
II
Jan
700
29%
4
;
Cockshutt Plow Co
Apr
8%
Jun
,
.
28%
Colt's Manufacturing OQ
dep rets reg
Sep
1%
18%
6%
1,100
•'
Aimer lean
Jan
57
14%
2%
22%
600
1%
'"■>% Jun
52%
2%
19 MI
9%
1%
1%
56%
~2%
22%
8%
1
Feo
Sep
11
114% 114 %
7 %
11%
300
-1
Club
3,600
26,900
57%
225
8%
-I
Mfg Co.
Aug
9%
10%
200
15%
1
Controller Co.
Aug
9%
Aug
65
8
8%
Clayton ft Lambert Mfg.
Cllnchfleld Coal Corp
9%
65
10%
15
14%
Jan
10
Jun
10%
.1$
3%
10%
Jan
Claude Neon Inc common.
Jan
109% July
~9%
•
2.M
1
•
1
—
2%
108% 109%
109
•
it
Arkansas Power & Light $7 pfd
Equipment Corp
Ashland Oil & Refining Co
Aro
500
500
»
High]
13%
62
-1
3'/a
7
/
Jun
62
.1$
3
•
common
Common class A non-voting
9%
preferred
Feb
;
t,Low
10
150
8%
City Auto Stamplng.
Clty ft Suburban
5%
6%
1
Inc
Arkansas Natural Gas
17%
Jun
Range Since January 1
High
15%
Cities Service common-
Mar
8
Shares
10%
1
1$
Cherry-Burrell common
Chesebrough Mfg common—
Chicago Rivet ft
Chicago ft Southern Air
Voting trust ctfs
Chief Consolidated Mining
3% Mar
Feb
% Mar
28,200
li
Ltd—
Co
Amer dep rets ord reg
$1.20
3%
102
LOW
Par
High
Low
Sales
for Week
Range
of Prices
Sale Price
Exchange
New York Curb
Range Since January I
High
ft
99
1
Angerman Co Inc common
Oil
%
101 %
-—2
Anchor Post Products
Anglo-Iranian
3%
2
lOo
•
•
1
common
Superpower Corp common
$6
Week's
Friday
Sales
for Week
of Prices
"
par
Monday, September 26, 1949
FINANCIAL CHRONICLE
Jun
July
7% Mar
Flshman
Bo
to
(M h) Co$1 Stores.
Ford Motor Co LtdAmer dep rets
Ford Motor
4
Jan
Class B
Jan
Ford Motor
Jan
of
ord reg.
Canada—
• w»er
■4%
20%
20%
20%
21
voting
den
of
5
4%
20%
Class A non-voting
7%
10 Vb
13% July
1,200
3,000
100
Jun
4
17%
20
5%
Feb
Feb
211%
Sep
23
Feb
Mar
Franoe—
rots
bearer
...
n
%
12
5,500
ft July
%
Jan
Number 4841
170
Volume
1
-
~
THE
•
COMMERCIAL, & FINANCIAL
YORK
NEW
-
Friday
■
STOCKS—
New York Curb
l
♦
conv
Fuller
(QeoA)
1,250
9
;
10
23
400 f
11%
9%
10%
Sep
32
7% .Jun
11
800
Kings County Lighting
Sep
4%
cumulative
•6%
common.
<Kicin
'
'■
v;'
'
*
:
Omtlneau Power Oo common
Alloys
General
Builders
conv
Oo
14%
91
1
common
General
&%
14%
100
Gellman'Mfg Oo
91
5%
-14% Mar
15%
100
88% July
4Vi Jun
92%
V:
900
1%
23%
1
2u0
3
3
3
29
1,000
5%
1%
1
com
•
5 %
•
Supply Oorp
preferred
200
Jun
2%
125
23%
22
.5%
£1
7%
1%
2%
7%
100
7%
Jun
57/a
6%
700
5%
Jun
50
•7%
Jun
8%
Georgia Power $8 preferred—
'IB
preferred
Gilbert
(AC)
1,000
3%
4
4
100
Jun
Jun
106%
3%
Jun
6
5%
•
%
4
Jan
9,800
Le
Mar
Co
Alden
Coal
*
Glenmore Distilleries class B
Globe-Union Ine
—
200
42
~~lh
"V;
,
1%
Lit
%
—
preferred
Sep
7%
Feb
Hartford Electric
Hartford
Rayon
-Harvard
Sep
142
Class
vl% %
preferred A ctfs of
Public
Service
Mangel Stores
common
nr..
Jun
40%
Sep
Manlsohewltz
Sep
28%
Sep
x8%
200
7y2
Jun
8%
Feb
80
102
108
Feb
13%
Feb
Marconl
Sep
13%
(The B)
13%
47%
47%
1%
1%
International
Horder's
Hormel
Marlon
i%
Hurd
Lock
ft
Jan •>.:
11
6
8%
300
Inc
.
94
94
71
71
20
8%
42%
44%
91
31%
5%
525
39 y4
31%
7%
40 *
31%
v4
Aug
33
Sep
19
77.:
IZIa
19%
73
3%
.
3%
«
47
6%
^
500
77 "
Jun
500
3%
50
5%
6%
175
2%
3 VB
1,200
42% May
—1
preferred.
Hydro-Electric Securities
—1
Hygrade Food Products
'III
1
Zinc
Oo
16%
16%
13"
14
Amer
dep
68 y4
i
Jun
79%
Indianapolis Pwr ft Light 4%
Jan
4
Jun
47%
;
Apr
1%
10%
Jan
Jun
6%
•
Sep
:3%
22%
Jan
Jan
3
Aug
Jan
6%
850
10%
Jan
16 Vu
9,^00
15%
500
11%
11%
200
11%
Jan
8% ;Jaii
1
Metal Textile Corp common.—...
'
IBe
Participating preferred
II
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
100
8%
Feb
107/s
Jan
13%
Apr
100
13
Feb
14%
Apr
Apr
27%
Sep
Juu
38
97%
6%
4%
4%
4%
1,600
4%
Jun
8%
Jan
16%
17%
700
13 Vu
Jun
19 Va
Jan
3%
4%
1,100
2%
Feb
4%
7
7
100
5%
Jun
7
Sep
1
1%
3,700
«
Feb
2
Mar
17%
5,500
11%
Jun
34
Jun
; 40
July
33
16%
'
'
iim-m
25 %
~7
"7%
Middle
West
Midland Oil
$2
Corp
_3%
3%
8 %
7%
1
Midwest
5
Abrasive
Oil
2%
Miller
Refineries
Wohl
4%%
Co
*
1
;
80c
common
convertible preferred
Minnesota Power
&
cum
4.80%
cum
Plan
11%
•
—-
10
11%
11%
100
8% Mar
•
B.
%
%
100
1%
1%
7,300
% May
1% Feb
■
-
1%
14%
1
Oorp
com cl A
4"
5%
•
.100
of America
11
8
15
200
5%
%
2%
States
Tel
•
common
ft
Jun
2%l Sep
9
Mar
^ 10% May
18
July
9
Jun
16%
Feb
3% Aug
4%
Jan
Jun
19%
Jan
24 Va
Sep
1%
__
21%
300
11
225
18
300
500
19
25
May
,
2%
.
16 Vu
4,100
24%
*r
2
,
7%
■
2
Sep
3% Mar
6%
Jun
7%
Jan
29 Vu
Jun
32%
Jan
7%
Jun
10%
Jan
93%
Jan
24
Feb
32%
75
9%
.
Apr
800
v
30%
.
10%
4,100
102
Sep
101% 101%
25
31%
31%
100
7%
500
6%
Jun
8% Mar
2%
2%
1,900
2%
Jun
3!/a Mar
—
95
•
86
25
•
2%
2%
July
95
May
104
Apr
27/a
167%. Mar
185%
900
182
182
31%
98
95
i
•
"2%
2%
10
Sep
Mar
Aug
Aug
Sep
'
'
30%
Jufl
37 %
Jan
4%
4%
1,000
3%
Jun
4%
Sep
12%
12%
900
10%
Jun
14%
30%
750
28 %
—
..
~4%
30%
30%
100
July
550
17
Mar
100
20
24
80
21
28
'
—
>
'
'
"
-
'
Up—'
'
Jan
33 Vu
Feb
103%
Jan
-
Jan
30
Aug
Jun
10%
Jan
10 Vu
July
137/«
Jan
Jun
12%
Jan
10
Jun
13
3
-
22%
Apr
7%
200
7%
7%
Sep
95
101
28
21
M
common
Company
8%
common
1,100
13
13% Aug
3% Mar
%
300
Jan
T
Mar
7
500
9
N
.Tan
l7/a May
17
Jan
6%
Apr
1%
Jan
Nachman
Inc
Namm's
National
Bellas
National
Breweries
Hess
common
preferred
Fuel
Jan
5%
3%
500
4%
Feb
6%
Jan
3%
Aug
Jan
Sep
4%
Jan
National
30%
Jan
3%
200
18%
25
5%
pfd
Co
Kennedy's Inc
Key Oo common.
3%
ICt
National Radiator
I
——.
-
3%
3%
10%
•
10%
9
9%
Transit
Meter
«•'
-
-
Sep
Sep
May
New
Tngland Tel ft Tel
Feb
13%
Sep
Ne"
Haven
100
9 %
Jun
l.«
Jan
6% July
127
9%
Sep
4 h %
Feb
12% Mar
100
37.
100
-100
10
100
Sep
105
May
Clock
ft
Watch
convertible preferred
New Jersey Zinc
New
Mexico
New
9%
11%
Jun
iU-fr
1,200
100
17%
18%
-
5%
Jun
7% May
Jun
9
Feb
Jan
Jan
8% Mar
18%
Apr
75
14%
27/s
3::v- -J- 4.900
2%
Sep
3% Mar
2,%
3
13,200
2%
Sep
4%
1,000
6%
Feb
11%
Sep
Jan
10%
15%
15%
800
12% July
16%
Aug
5%
5%
300
5% Aug
6%
Sep
£7%
360
n
15%
11%
2,200
78% May
!3 Jun
9% Jan
3%
12%
300
Jan
11%
Jun
7%
1
common
117%
ft Oo
page
8
Co
40
Kimberly-Clark Oorp—
.
common
Aug
Jun
7%
'.y
Aug
10%
6V4
7%
.
35%
9%
7%
3
Jan
6%
100
Jan
July
Jun
100
7
18%
4
800
8%
10%
7
5
Mur
3,900
7%
Corp
(Herman)
Le
;"
common
400
20,600
13%
11%
Sep
1
5%
8%
34
10%
7%
Co—
National Union Radio
Nestle
13%
34 Vu
8%
"7
Machinery
National Rubber
N»»ntiine
117% 120
•
,
29% Mar
33
10%
common-
National Steel Car Ltd
3%
18% July
100
3%
1
Kansas Gas ft Electric 7%
Stores
Mfg ft
3%
:3%
70
"9%
10%
:T:—
Jun
18%
2% Mar
— —
Gas
1%
;
8,500
33
common
500
•
300
3%
■
7%
Jan
4 %
3%'
~3%
11%
4%
common
3 Va
*
200
11%
Corp
5%
.1
Oo
see
9,200
7%
Ring common-—2.50
2%
1
Kaiser-Frazer Oorp
footnotes
10'
2%
2
—10
National Pressure Cooker common-
.—..
preferred
Feb
11,600
7%
12% July
K
For
Feb
Sep
A.Sep
6%
9%
23
24%
Jan
7
Muter
Nelson
4%
Aug
'
Jefferson Lake Sulphur Co
Jim Brown Stores common
^Walter)
8%
8%
38%
Jan
Jun
Sep
Jan
May
Feb
6%
9%
Jun
9
17%
.199
1
•
11
6%
Jun
% Aug
29%
•
"2%
pfd.
pfd series B
Corp
Co
Mar
6%
i*
common
Producers
Muskogee
Mar
48
25
10%
Light 5% pfd—109
Missouri Public Service
Muskegon Piston
Jun
"
21%
10%
~9%
Mt Vernon-Woodborry Mills
Murray Ohio Mfg Co
6%
.
6% July
800
r
—
50
Mining Corp of Canada
Sep
1,700
6
Jan
4j/2
1,900
7%
36
2%
•
10
Aug
7%
45
400
80c
Co
98%
7%
Apr
'
13
shs_*
Jun
:5Ve
3% Jan
•
.
-
116%
Aug
500
8%
8 %
6%
9%
•
Jan
22
Jan
110%
'•
36
*
Jan
63
1,600
jfiyY:—
1
dividend shares
Jun
Sep
4%
—
■
6
Feb
3% Mar
> ■
% May
5% May
10
common
10 y2
Jan
4%
,4%
4%
—
•
88 y2
20
2%; Apr
2% July
■108%
:
6
pfd
conv
98%
47
1% Mar
Products—
non-cum
Mldvale Co
v
common
Corp $1
Steel
20
100
Jan
1,000
—
100
1,600
1,700
15%
100
lei
62
Sep
Jan
13% Jun
300
Mountain
20%
Sep
9%
6
12 Va May
20%
Jan
Aug
7
800
1%
Mountain
60%
~7%
„
6%
12%
Sep
17%
Sep
'
'
19
900
,
Feb
<—4%
.1
3,250
13
Jan
2%
Feb
5%
preferred
97 %
12%
2%
1%
Morris
Jun
July
6%
17% May
Feb
20%
Jeannette Glass Oo common.—.,.
KMde
6
•
Micromatic Hone Corp.
National
K&wneer
Jan
200
2.60
Middle States Petroleum class A
:
Class B v t c
109% 116 y2
Mfg vtc
Kokenge
14%
17%
*
National Mallinson Fabrics
ft
;
6%
14
25
National
Preference
Feb
113
10% Aug
600
109% 109%
Co
17% May
4%
61 %
Irving Air Chute
Julian
12
6%
preferred.
Iron
.191
1
Montgomery Ward & Co class A—*
Moody Investors partic pfd— ~
*
•
shares
Italian Superpower
6% July
80
International Safety Razor
Investors Royalty
Fireman
Sep
Sep
Xl2% X12V8
—
r4% % ; A
Mesabl
Midwest Piping ft Supply common
18
15%
•
International Products
Iron
24 V*
1%
Mid-West
Jun
15%
16'/a
115
Feb
11'%
16%
•
Feb
Feb
■»3% Aug
13% Feb
14% Feb
10
Preferred $3.50 series
International Metal Industries A
International Petroleum coupon
Reglsteied
6%
pfd__100
Cigar Machinery
International Hydro-Electric—
16 Va
11,200
_.
Co
ft
Mountain States Power
International
Sep
24
_
•
_
Apr
4
2% Jan
.43
11%
£1
Insurance Co of North America
88%
1%
Mid-West
B
ft Ireland.
99
Feb
1
Aug
32% May
•
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Feb
66%
111% July
"l%
Mfg Co
111% Aug
21
Jan
50
£1
•
77%
1,150
''
.—1
Monroe Loan Society com class A
registered
Imperial Oil (Canada) coupon
Registered
450
87%
14%
4.40%
6%
Sep
96%
13%
Feb
30%
2
14
Industries—
rets
1%
1
106% May
16% Jun
700
—•
common..
Feb
25
—1
—
Corp
Monogram Pictures common.
Monongahela Power Co—
Imperial Chemical
Sep
%
19,000
•V
Molybdenum
Illinois
May
9%
•
23
v
«■
-10
common
Johnson
Midland
"
common
1st conv
24 %
Jun
•
145
6,200
47
17% Jan
Aug
Aug
700
10
8% May
? :48%-<Jaaa
V 11-.* ?Apt
Jun
39
50
32
y,y
Jan
25 y2
300
108% 108 %
May
*
12 Vu
—B
pfd..
Jun
7%
MerrlttKJhapman & Scott Corp—
Feb
Sep
Sep
ill y*Mayv.,
Jun
:
32%
I
ii%
Mfg Oo
12%
11%
Jun
8,500
Feb
133
common
20%
1%
14
•
preferred
Menasco
Apr
'.Mar
100
10
40
ff
Aug
85
-10
common
Feb
8%
Jun
68
July
14
-
Jan
20
•
?8%
9%
9%
2 Ye
10% July
v>.'
Jun
10%
i
Sep
26
500
Mead
Jan
15%
rJun
10%
^y •"
.
:
•
8% July
43%
-Tan
26%
Jan
4,200
(A G) & Co class B__
McWilliams Dredging
Jan
2%
*
;•
Corp
$2.50
-
'
18
Hussman Refrigerator $2.28
Common stock warrants
Huyler's
700
2,200
7%
10 % Mar
Refining
ft
13
100
Co
—
common
Mfg Co
McKee
x50%
1% July
3
-
-
>8% Mar
250
•
'y
&
(Harvey)
100
300
1,900
-100
Oil
Jun
11 %
9
preferred
Humble
2,800
.1%
1%
12
8%
Sep
95
95
11
Power Shovel
McCcrd
Jan
9% May
17% Mar
•
-
Jun
12%:
Horn ft Hardart Baking Oo
Horn ft Hardart common
Hubbell
44%
9%
11%
-15
r.
A)
70
11 V2
common
Tnc
(Geo
Jun
9%
i7'/4
;;
96%
Marine
Communication Co Ltd
Apr
16%
Apr
12 y2 xl3%
ft Co class
Holophane Co
4%
12
1%
-100
8%
23%
'
•
convertible preferred
McClanahan OH Co common
7% Mar
Holllnger Consolidated G
Holly Stores Inc.
Co
5%
4%
■.
25
Mapes Consolidated Mfg Co.
100
-100
6 Vu Mar
9%
1%
1
32
—2 U
common.
Mar
31
Co
26%
13
Sep
26
"
22%
9%
100
350
<7%
Aug
16
Jun
800
-
■
26%
22
1%
100
500
•
4% preferred w w.
Henry Holt ft Co common.
Hoe (R)
9%
dep
27'A
_•
:
preferred w
22%
_1
•
40 %
25o
A
Heller Oo
.19
dep
26%
t
24%
Feb
21% Mar
26%
106% 107%
•
8%
Apr
13% May
24 % May
7%
--
__
X8%
_fl
10%
Sep
10%
9% Mar
18% Jun
A
39
"9%
7
Feb
Jun
24%
Apr
.
M
Feb
'
500
—
Hears Dept Stores common.
Hecla Mining Oo
:
:
Helens. Rubinstein common
300
3,600
12%
128%
1
6%
10
6% Mar
23
Jun
9
4,300
-10
660
1
Apr
—««
16
6%
128% 134
1%
8%
6Va ;Jun
5% Jan
100
23%
Apr
4'/a
Brewing Oo
/
-
10
15
—J
11%
130
(
Jan
Sep
Jan
Feb
2B
Hathaway Bakeries lac.
Haseltine Corp,
'y
->
class
53/8
14%
19
22%
lfaine
8
7'
Aug
1
100
23%
MactLntosh-Hemphlll Co
Jun
300
13 y2
common.—
1,000
15%
•
Jan
Jun
Jan
Jan
•
Light
6%
20%
—
,13%
Jun
37/a
|
11%
Jan
124
1
common
Aug
14% Aug
Jan
11%
Feb
%
8'A
8%
14,500
preferred—II
1
5%
82%
Jun
6
.8
■
10
14%
97/a
— —
Lynch Corp
Jun
49% Mar
—
600
*
Bridge Oo Ltd
Paper
1
—
H
Lamp Oo
100
Aug
July
23
;
12'May
—I
Inc 6%
Groceterias
MoAleer
Hamilton
inc
common
Massey Harris
Hall
300
-«r
10"
23%
103%
100
Gypsum Lime ft Alabastlne
12%
—
'
10
|
1
1,100
26
14
6%
—I
•
123
40
12 Va
■
Feb
—
Louisiana Power ft Light $6 pfd
116
25c
it
Apr
--6%
20%
Jan
123
_2
18%
6%
preferred B ctfs of dep
Louisiana Land ft Exploration
if Jan
53%
5
29
Brewery
Stores Products common
States Utilities 14.40 pfd
Hammermill
1
.1
6%
10%. 10%
100
Western
32%
6%
l
■*
100
12%
Tea—
stock
common
Feb
'
6%
|
9%
400
— M
12%
—I
Co
■Common ctfs of
Jan
:80
Sep
.--■■n
-1
Lone Star Gas Co. (Texas)
Longlnes-Wittnauer Watch Co
Long Island Lighting Co—
Jan
43
Jun
3%
•
6%
2%
Jan
45 Vu
12,100
u
Sep
Locke Steel Chain
17% Sep
Mar
74%
<an
1%
i 10% Mar
1
Class B
Jan
Jun
Brothers
Loblaw
Jan
11%
;Jun
•
Pacific
21%
21
",
Jan
Jun
35
Jan
■la*.
7%
12%
1
3
Feb
Jun
21%
13%
Corp common
Llpton (Thos J)
10% July
13% Jan
..
200
«...
%
9%
50
32%
32
'•-ili'
pfd—28
vji^cery
Gulf
500
1%
10
cony
•yor^j1<irn
Griesedieck
32%
1
Gray Mlg Co
1st
17%
18%
Jun
'16
80
class A
Mfg common
Graham-Paige Motors Ifc
Grand Rapids Varnish
Non-voting
300
42
•
Gorham
ft
3,200
1%
•
Atlantic
18%
10%
17%
17%
•
B
Gorham Inc
17%
i
14.50 prior preferred
Goldfield Consolidated Mines
Goodman Mfg Oo
1%
Jan
—
10%
B
(Adolf) Ine common
Godchaux Sugars class A
Great
13
1
-
Qobel
Class
July
9%
•
—
Glen
12%
--r—
(R G)
Material
Lionel
2g
Gilchrist
'
—
—
Tourneau
Line
Feb
4% Aug
6% Sep
'
5%
Jan
May
'
116
1,200
Jun
9%
1
f
Co
i Sep
17%-Sep
9,900
7%
Brewing
Sep
36
?,■.
4,300
21%
Lamson Oorp of Delaware
Lanston Monotype Machine
La Salle Extension
University
Lefcourt Realty common
Feb
105%
•
—
Jan
Feb
2-
.1,900
6W
.19
Lakey Foundry ft Machine
Sep
,6%
Jan
Xll2%
"
3%
104%
Jan
1% July
95
-
Co.
Lake B^cre Mines Ltd
Feb
.Jun
100
1,600
2'/a
—'
—
3%
1
Gladding McBesn ft Co
Jan
37% Aug
Jun
■
4%
—
—
1
common-
29%
400
'■
—
2*
•
.
Corp
—
;
•
Giant Yellowkmxe Gold Mines
35%
8%
'
;
1%
™2
common.
Laclede-Ohrlsty
Company.
L'Alglon Apparel Inc..
6% Aug
8%
-4%
2%
12%
1A
6%
Apr
8%
35%
2%
11%
1ft
26%
(15
1,000
High
y
Jan
Jan
7%
4'/<
v
3%
.225
23% Aug
1
General Fireprooflng common
•
General Outdoor Adv 0% pfd
100
General Phoenix Oorp
1
General Plywood Oorp common
50o
General Public Service $6 preferred—.*1
17%
Btores
Krueger
Feb
3%
Jun
"Feb
=Kobacker
16
6,400
Mar
10
preferred series A
Gerlty-Mich
Apr
8
General Electric Oo Ltd—
Amer dep rets ord reg__
General Finance Oorp common
Oo
Range Since January 1
Low
6%
36
12%
Klelnert (I B) Rubber
Knott Corp common
'
•
!_-8% preferred
(D Emli)
6%
35%
17%
Klrkl&nd Lake G M Oo Ltd
Shares
High
36
King Seeiey Corp..
Kingston Products
Kirby Petroleum
»Sep
Sep
for Week
Range
of Prices
■Low
preferred
Sales
Week's
Last
Sale Price (
Par
11% Sep
Jan
8
4
New York Curb Exchange
High
8% May
6% Jun
>23% Mar
I
SEPTEMBER
Friday
50
Oo
ENDED
STOCKS—
Low
10 %
8%
CURBv EXCHANGE
WEEK
Range Since January 1
1001
11%
''j
(1215)
Sales
Shares
High
9%
9
■
FOR
for Week
11 %
.10
1'
common
preferred
-
Low
11%
=
1.18
Brewing
Franklin Simon ft Oo Ine
Range
of Prices
Par
Brewing Co
vPetei)
Week's
Last
Sale Price
-
:Y-:l - ■■y':
;
Fort Pitt
Fox
Exchange
RANGE
CHRONICLE
Park
Vpw
Process
ft
Arizona Land
Mining
Co
Co
common
-100
Co
87%
86
1
3
Mar
88
Sep
2%
Jan
7%
Jan
20
25
567/a
56%
600
51
Jun
67
1
7%
7%
8
2,800
6
Feb
11%
Apr
1
1%
1%
1%
2,100
1
Ju*
1%
Apr
*
58%
65
f
Apr
75
Jan
Jan
35
36
THE
(1216)
COMMERCIAL
YORK
NEW
RANGE
Friday
Last
STOCKS—
Range
Sale Price
Exchange
New York Curb
Week's
of Prices
Low
H
Y Auction
N
Y
si
N
Y
Merchandise
Y
Shipbuilding
N
Co
8
common
II
.10
6%
2d
C
Low
250
26%
Feb
32
10
Jun
13%
Jun
20
13%
89,2uj
7%
Jan
13%
100 % 101%
1,050
0
Nlles-Bement-Pond
j:II%
11%
*
*
9%
Nineteen Hundred Corp common
9
13%
0
Mines
American
North
Central
Northeast
North
Utility
RR
conv
Samson
Sep
Savoy
United
Oil
Inc
Sayre
Jan
Schulte
11%
Sep
Sep
Scovill
Scullin
Steel
9%
3,300
7%
Jan
1,200
8%
Apr
5,500
%
Apr
14
IA
34%
39
4,900
26%
34%
39
3,100
28
12%
2%
pid.100
1
a
Securities
Sep
Seeman
Co
39
Sep
39
Sep
Selby
Selected
Corp
105%
Feb
2%
Jun
July
15 Ya
Jan
Convertible
stock
5
Jan
3%
Apr
$5.50
stock
—25
Feb
Allotment
101%
89
Jan
107
105% 105%
50
5%
5%
3,400
5%
Sep
16%
900
13 %
May
Co
4
Oklahoma
Old
class
Ya%
OOfl
Natural
Polndexter
Oliver United
B
2%
Jan
Semler
19
Aug
Sentinel
130
15
30
Gas
Distillery
29
30
Feb
112%
27% July
700
Jun
106%
31%
Filters class B_—
Jun
(R
Leather
4%
Sherwin-Williams of
Jan
Silex Co
Jun
9Va
Sep'
Bimmons-Boardman
800
6%
35%
•
pfd
Page-Hersey Tubes
Pen
98
Ltd.
Breweries
May
common
26%
100
23%
Jan
26%
__
273/4
Apr
20
2.50
8%
34%
34%
100
ZZ100
59%
10
400
8 3/4
Jun
10
%
Vi
15%
7
3,600
z% July
500
1
16
15
17 Yb
l
_3%
~3%
1%
3%
15%
8,400
1
1%
1%
12%
$1.60
Jan
25o
4
America
1
5%
5%
6V2
12
10%
9%
100
150
10%
100
1%
16,900
73/4
200
9%
12%
12%
5
11%
—
14%
8 3/4
8%
Jun
11 Ya
Jun
1%
8%
10 Ya
Sep
953/4
Jan
101%
Jan
101%
1,200
11%
111/8
100
•
Jun
21%
""100
Quebec Power Co.
~
Mar
12%
93
Aug
Feb
MM
25%
Jun
26% Mar
10
103%
4,300
83/a
Jan
12 3/s
Apr
&
1,000
Ya May
2 3/4 Jun
1%
Jan
33/8
Feb
2%
28%
1,100
9%
3
--r
MM
3
2%
30
500
3 Va
6%
2,000
93/8
Jun
2%
400
30%
Jun
25
Sep
35/a July
Jun
16
16
40
14
May
18
Jan
Jan
44
42
44
120
37
Jan
45
36%
May
27%
29
300
31
1,800
28
29%
293/8
30
1,500
263/4 Mar
30%
Sep
26%
26%
265/8
400
23% May
263/4
July
4%
4%
100
4
July
6%
Jan
31%
32%
500
26
Jun
2 3/4
23/4
600
2% Mar
3%
Apr
3%
4
200
3% Junf
4%
Jan
1
Aug
——
2%
mmrnrn'
Ya
31
39
Jun
Feb
Sep
Jan
MM
8
300
5
Jun
87/a
Apr
18
200
16
Jun
21%
3%
33/8
3%
163/8
MM*
97
150
85%
Jan
200
16%
2%
16%
200
20
143%
Apr
a
156
Jun
19
May
Jun
103/8
Jan
...10
34%
32%
34%
1,400
28%
Feb
34%
1
2%
2%
3%
93,600
1%
Feb
3%
Sep
Sep
-1
-
«
8 3/8
9
•
Co
2%
3
147
147
8
800
800
734
1 Ya
Feb
3
Sep
140
3
148
7%
73/8
1
9
112%
Jan
148
Sep
400
3%
3%
7,200
2%
2%
1,000
2
Jan
2% Mar
35/a
4
2,800
2 3/a
Jan
4% May
76
72%
76
160
23%
23%
150
10
10
200
•
Brewers
•
1
com
Inc
6%
...
6%
67%
19%
7%
33/a
Feb
76
Jan
Sep
Jan
'
Jan
i
7% July
1
1%
600
3% Mar
3%
3%
2,300
47/a
Jan
12%
Jan
2%
(S)
Co common.—*'
Si Co
Inc
Power &
300
% Mar
17%
17%
200
11%
1%
„1
—
—
*
common
300
1%
12
12%
4%
2%
10%
100
23/8
16%
Apr
173/4 Sep
Feb
Jan
200
16%
500
—
*
10%
400
4%
16%
12
250
1% Aug
2% May
95/8 July
1%
•
....5
4%
13%
5%
Jan
Jan
'
Apr
18
Aug
:
2%
Jun
3
Jan
7%
Jun
11
Mar
14
Jun
'
1
—15
—
—
__
Co
ZZZ100
&
Allied
&
14 %
30%
15
120
14%
400
8%
200
12%
13 Vs.
500
72
72
72
mmmm
am
Sep
Feb
17%
Jan
133/4
Jan
Feb
13%
Sep
7% July
10%
Jan
11
—
8%
1
Stocks
15%
128
May
Sep
8% July
.
——
~8%
•
30s/a Aug
Jan
.13
14%
25c
Construction
10 5%
10
14%
1
Jan
26
600
2,200
'
122
122
122
5
Inc
__
Realty
14%
8
common
Markets
30%
•
.
pfd
common
new
Corporation
Tobacco
•
common
common
Light 1%
Roofing Inc
Tishman
10%
90
13% Aug
Jan
52
Jun
72
Aug
Tobacco Security Trust Co Ltd—
Amer
Aadlo-Kelth-Orpheum option
warrants
Railway & Light Securities—
Voting common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
$3
convertible
%
Ho
•
preferred
Manufacturing common!
Za
Reading Tube Corp class A
6.21
Shoe
%
1%
1%
25
24%
~5%
,
Valley Gas
(Texas Corp) v t c
•
dep rets
Cable
22
55
Roosevelt
for ord
Field
Jan
True
22
Sep
Trunz
56
Apr
5,000
Jun
7%
100
2% July
:5%
700
3
May
4Va
300
% Mar
1%
Rowe (The»
Corp common
l
Royalite Oil Co Ltd_*_—^..IIZII
«
Russeks Fifth Ave.common..
1.25
Aeronautical
Ryan Consolidated
Byersnn fr H»vnc»
Petroleum
page 37.
80c
25
xl7%
July
21%
100
19%
Jun
25%
2%
97%
l'JO
1%
Jun
2%
Jan
1%
2,200
1%
Apr
2%
Jan
' /
%
x39
•
l3/4
Feb
Jan
Feb
Jan
Jun ;
Jun
91%
700
Jan
60
/
23/4 Mar
98%
50
%
%
11
3,600
■fit
Jun
il
Jan
3%
3%
3%
500
3%
Apr
4%
Jan
2%
2%
6,900
2%
Feb
2% Mar
15%
Jun
20
Sep
"
*
i
«...
•
Inc
17
_
convertible
Union
96%
com
ZZZZZi
"4%
18
700
98% Aug
18% July
Jan
24%
4%
4%
300
35/a
Jun
7%
Jan
9%
8
preferred-
9%
1,600
8%
Jun
11%
Jan
U
Realization Corp
Unexcelled Chemical Corp
Gas
of
96%
220
/:
89
Jan
96%
Sep
38y4
Jun
27
Jan
—
2%
23%
•
11%
11%
9%
IOO
8% May
4
22%
23
8%
6
7
1,300
20'/8
400
x6%
53/8
Feb
15,000
5%
Aug
6%
8%
10
Jan
Jun
Aug
37
$3.75
pfd series A
•
50c
98% 100
100
Aircraft
Feb
United
Chemicals
Apr
United
Feb
United
com
United
Light & Railways
United
Milk
Feb
75c
43/e July
6 3/4
Jan
3%
3%
3%
200
3%
Aug
5%
Jan
6
6%
1,000
3%
Jun
6%
Sep
Jan
Jan
92%
Jan
Products
participating
600
common
preferred
59%
2%
1,900
~~Ya
533A May
50
2%
19,300
1%
32
•
Sep
6
Jun
•
common
warrants
Elastic Corp
Sep
•
Jan
1%
7%
59 3/a
2%
Corp
J
1
600
100
"~372
Products
8%
10%
2%
1% Apr
3%
Jan
13% Aug
6% Apr
Union Oil Co of California—
7
/
1%
12
4
United
9%
3 Vs
8
Canada
2,200
6%
10c
Union Stock Yards of Omaha
«
:
250
2%
Union Investment Co
"7
3,700
1
warrants
Ulen
1%
23
44
.1
Jan
1,200
__
see
4%
2%
Co
common
2%
Jan
18%
22
•
ZZZZZZZZlO
%
2%
Temper Corp
2
3
Co
-
'%
6%
Jan
18%
96%
.
40%
Jun
Mar
%
%
42%
—
Corp
Jan
3%
'
Uo
Tung-Sol Lamp Works
Jan
3%
22
5
Inc
For footnotes
26
52% Mar
£i
reg
Lux
Tri-Continental
30
%
1
common
8teel
Trans
2,600
5%
5s
3%
Z- Z- ''
mm"'
20
common—
pfd
Tonopah Mining of Nevada
May
1% Sep
3%
0
100
Jun
£1
Toledo Edison 4Ya%
19
21% July
16% Jun
--
Corp
Rotary Electric
Rvan
175
Royce Ltd—
Amer
Rome
'•«
25
CoZZZ
Rochester Gas & Elec 4%
pfd F
Roeser & Pendleton Inc common
Rolls
,
%
100
Shipyard Corp
Toklan Royalty Corp
« Jan
Jan
3%
j
Grande
% July
51/4
(Robert)
& Co
ZZ—ZZZZZZl
Reliance Electric &
Engineering
5
Richmond Radiator
1%
20%
Reis
Rio
9,000
55
21%
Co
Rice-Stix Inc
A
15%
•
Ravtheon
Regal
Todd
10
1
'
dep rets ord regis
Amer dep rets def regis
R
30 %
7
:
30%
•
8%
*
19%
30 %
293/4
31
3
19%
25%
19%
80
.
100
Jun
Feb
7% May
35% Jun
Sep
59%
3%
40
Jun
21
100
150
May
Yb
26,100
8%
Jun
Sep
Jan
Aug
■fg Jan
30% May
31
Sep
l(i Ya
Jau
21
Mar
United Molasses Co Ltd—
::
j
24%
I
Tilo
14% May
13% Aug
ti
15
Jun
9% May
5% Jan
300
Jan
3%
Inc
Tampa Electric Co
Sep
$
43/4 Mar
Jan
4
Technicolor
99% Aug
•
Feb
7%
17
...20
293/4
Apr
Mar
MM
7%
1
..
Swan Finch Oil Corp
7% May
j-
Jan
30%
common
Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Jan
Jun
155% 156
156
87
MM
Jan
9
5
—
95%
Jan
3%
3%
Thorofare
common
236%
2%
Thor
Oats
preferred
Corp
Forgings Corp
(Ky)
Thew Shovel
6%
July
2% Mar
220 %
110
400
1
Texas
Quaker
Jan
Aug
13%
7s/8
'
Sep
94%
Jun
5%
'
3%
{'e
1
Bun Ray
Jan
150
Jan
Apr
1
Stroock
Jan
9%
400
4%
29%
1,700
MM
10%
.2.78
(Hugo) Corp
Stop & Shop Inc
Jan
Jun
Jun
27
MM
6
2%
—10
Btinnes
Jan
1%
Aug
May
May
MM
231% 233%
•
Oil
Stetson (J B)
Jun
7
3%
15
16
•v
{Sterling Engine Co
Jan
Feb
Jan
Jun
5% July
2 3/4 Jan
Sterling
Jan
38
115%
14%
Sterling
Apr
95 Ya
100
99%xl00
ZZlO
Sep
Jan
Jun
232
5
Stein (A) & Co common
Sterling Aluminum Products
Jan
7%
101% 101%
•
6Va
8%
4%
600
29
Steel Co of Canada
13% May
91 Ya July
26
Jun
__
1%
Jun
11
__
7%
Light—
Pyle-National Co common
Pyrene Manufacturing
4%
50
Jun
Jan
5% Aug
600
32
10%
Coforado—""
com"III*
3%
6,200
63/4
—
«
preferred
6'/8
32
•
$5
100
Sep
Jan
20
Standard-Thomson Corp
Sep
Mar
11%
12
—
32
1%
I
prior preferred
Puget Sound Pulp & Timber
4
„
Sep
Standard Tube class B
Starrett (The) Corp
Jan
6,000
ioo
Nevada
25%
20
14%
6
„
•
convertible preferred
Standard
Feb
Jun
17%
•
•
Jun
14
20
io
-
.
553/4
69 Ya
15
MM.
MM
I
Apr
12%
.
Sep
109% July
......25
cum
2%
39
1053/4 Mar
25
$7 preferred
Standard Products
Feb
40
30%
preierence
conv
Jan
Jun
66
29
Sep
10 y2
990
17
Jan
25
preferred
preference
"3"%
361/2
58
Apr
/
Jun
53
mmm.
25
.
24%
25
121/4
37%
561/4
22%
19%,Aug;
103/4
...10
Sep
1,200
ll3/4
37 %
.
700
1,150
Edison—
15
Jun
Apr
5,400
83/4
Standard Power & Light com
Common class B
1%
Jan
Feb
3%
17
„
1
Line
~2% Jan
400
57%
~50
~
1%
cum
conv
Standard
Sep
8%
Pipe
Standard Dredging
Jan
Feb
5% July
11
1,100
1,900
13%
IP/4
Jun
63
14
12.50
Brewing Co
Standard Cap & Seal common
Convertible preferred.
Apr
Jun
Jun
16 3/8
1
Standard
Mar
8%
— -
Btahl-Meyer Inc
Jan
Jan. ,.';
\'s Apr
2%
3,300
•
Royalty Co
Spencer Shoe Corp
4% Mar
Jun
6%
common
of
41%
Jan
9%
common...Z.2.50
of
3
50 Va
4Ya
59%
—
Southland
Sep
Sep
1
Jan
5
.
,
Jun
8%
..
-£I
preferred
Southern Pipe Line
5% Mar
323A Mar
21%
%
MMM
_
California
4.32%
106 % May
750
10
i
class B
Providence Gas
Jan
Jun
56
14%
Co
Prosperity Co
3
2%
.Jan
.'""2 -''.Juii-
MM
original preferred
4.48%
shares
Erie~RR~
Producers Corp
9%
Jun
54%
6%
ZZ
Jan
iy4
100%
Pa
4.56%
Sep
7
150
3'/a
3%
54%
15%
2
&
11,300
Sep
•
Paper Mills
Corp-
4.88%
Mar
4
common..ZZZZZZ2.50
cumulative
700
400
*
common
Puget Sound Power
2%
"a
common—J
of
9%
2%
104 3/a 105 VA
104%
50o
,
Metals
4%%
9%
1
Sep
Sep
88
May
3.
......
600
5001
107% 107%
IZZZi
Manufacturing Co
5%
29 % Mar
•
21
85
'
62
ZIZIi
Southern
Apr
26 %
Metallurgical
Service
5Ya
47
•
Polaris
Public
Jan
Jun
so
Inc
4,600
41
Erie
Prentice-Hall
Jan
200
common.—II.
Mining Co
Powdrell & Alexander
Power Corp of Canada
6% 1st preferred
Pratt & Lambert Co
4%
Jan
43%
~1
Johnson Ltd Amer
Pioneer Gold Mines Ltd—
Scale
4%
2%
1,300
— —
2%
—1
Southwest
Jan
15%
80
43%
100
__ZZZ.
Pinchin
Pleasant Valley Wine
4%
24%
May
3/4
—.
_•
Manufacturing common
South Coast Corp common
South Penn Oil common
Jan
Jun
19
2%
%
Boss
Jan
3
50
2.50
common
Lake
17
Apr
33/4
2%
3/4
_•
_
(Howard)
Sonotone
Jan
50
$
pfd
common
Bess & Lake
4
11%
Jun
Jan
Jun
Jun
Publications—
SSolar
Apr
10% Aug
Z23
Philadelphia Co common
Phillips Packing Co
Piper Aircraft Corp
Pltney-Bowes Inc
22
38%
3%
2%
__
Solar Aircraft Co
July
•
;
Governor
22
2
common
Pharis Tire & Rubber
6%
14%
26
Jan
25
Pep Boys (The)
Pepperell Mfg Co (Mass)
Periect Circle Corp
Pressed
17,600
II
common
Penn Water & Power
Co
Pneumatic
43,400
7%
a
Co
&
3%
7
•
Light 4%%
Pittsburgh
Pittsburgh
Pittsburgh
2%
7%
j
_
Penn Gas & Elec class A
common
Penn Power &
Pierce
3%
„
$1 cumulative preferred
$1.32 cum preferred
Traffic
37% Aug
1% Jun
_
~
Penn
23%
•
Ltd
Smith
Mar
19
3%
—
Sep
Jan
Co
Corp
Sep
Feb
•
Patlcan
Pennroad
33%
105
94
common
Telephone
36% Aug
Jun
15
I
21
Peninsular
100%
475
76
——
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
8.90% preferred
Jan
•
Parkersburg Rig & Reel..
Patchogue Plymouth Mills
Co
32% Aug
29% Apr
2,000
103% 103%
103%
8%
100
com
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
Parker
36
28
Pacific Lighting $4.50
preferred
Pacific Power & Light 5%
Pacific Public Service
$1.30 1st preferred
35%
6% July
100
150
2%
15
•
Canada
...
7%
88
25
Simplicity Pattern common
Simpson's Ltd class B
7%
87%
3%
72% May
— -
$3 convertible preferred
Pacifc Can Co common.
Paciilc Gas & Elec 6% 1st
pid
5%%
1st preferred
300
Feb
•
Jan
1,100
1,450
,.
1
Shoe Corp of America class A
Mar
8%
9,200
^
1 % Aug
16%
0
Sick's
14
14
22%
16%
July
2%
#
Jun
8
Jun
12%
20%
2%
...100
Apr
15%
%
250
85
HUB
preferred
Aug
8%
Apr
.7,' / 2
V.17%, Jan
19%
1
common
11
1
Jun
16%
Sherwin-Williams
Sep
11
16
Securities
19%
Aug
1,400
14
20%
1
common
•
12%
Jan
Jun
1
83%
2%
1
Inc.
B)
Radio
Safety
1
O'oklep Copper Co Ltd Amer shares
1%
1%
14
;
V
Jan
15
"Z
__
20%
Bheller Mfg Co
Sep
8%
Jan
2% July
10
600
85
certificates
3%
28%
**"
Shawlnigan Water & Power
Apr
9va
_1
1,400
1%
.1
2% Jan
■»
20% July
88
common...
Corp common—
Control
Serrlck Corp class B
2% Sep
40% Mar
Feb
2
2,500
112%
110
Jun
1,400
__
Sep
Jan-
2% Mar
Jun
1
1,800
1%
19%
Aug
11%
32%
110
Omar Inc
Overseas
2%
2%
100
Inc
Shattuck Denn Mining
•
common
preferred
2%
ls/8
15
"
14
'
^
2%
July
•"
Jan
115/b
Jun
500
3
24(4
'
1%
•
j
10 %
Xl6%
5%
•
common
Brass
Power
1
Co
prior
*
24
1%
«■»«*
300
82
"
8%
1% July
l5/8 Jun
•
Industries
Shoe
Seton
Ogden
*
Hill
900
2%
O
Ohio
24%
15;
common
4%
200
1%
1%
Inc
Sentry
Ohio
3
1%
Segal Lock Si Hardware
Apr
Mar
5,300
25
Corp General
Bros
2,500
6 3/4
3
2%
12
50
;
11
19%
6%
3Va May
14 Ya Jun
..
1
common
1%
0
1
Northern Indiana Pub Serv 5%
Aug
14
Brick Co
Inc
A)
12%
•
Co
9%
Fisher
(D
4,000
18%
6%
——
ZZ..1
Manufacturing
Si
193/8
1
7%
6
1%
Aug
Jan
1
49
common
%
9%
High
•
7%
1
Corp
(Del)
:'a
600
9
1
common—
Salt Dome Oil Co*
-.Apr
98
39
—
Northrop Aircraft Inc
Novadel-Agene Corp
Ltd
preferred.
Feb
39
Securities
Oil
Texas
Lawrence Corp
Jan
•
Airlines
Penn
St
101% Aug
94% Mar
Low
)
92%
11%
13%
l'd
500
•
class A
Rayon
Class B common
North
1
97%
Range Since January I
High
(
Feb
13%
Shares
K
Aug
100
of Prices
LOW
8% Jan
10%
96%
Nlplseing
American
7% Aug
200
Sales
for Week
Range
Par
%
preferred
optional warrants
Nlagara Share Corp common
North
Last
Sale Price
High
31%
13%
Week's
STOCKS—
10%
101%
23
New York Curo Exchange
1st
1st preferred
5%
EXCHANGE
SEPTEMBER
Range Since January 1
Corp—
1
100
100
Monday, September 26, 1949
Friday
Shares
Founders shares.
common
CHRONICLE
for Week
30 %
.10
Niagara Huuson Power
Class
CURB
WEEK ENDED
FOR
15%
Rosarlo.
Honduras
FINANCIAL
Sales
High
8
Par
&
Amer
dep
United NJ
100
rets ord regis
RR
&
Canal
100
3% Aug
241
July
4%
Feb
2463/4
Feb
Volume 170
Number 4841
THE
COMMERCIAL
NEW
YORK
RANGE FOR
Wwk'i
'
.
.
10%
Sharing
25c
com
preferred
25
common
Preferred
United
Specialities
U S Air
U S Foil Co class B
U S and International
.1
$5
U
1st
S
preferred
Radiator
warrants
•
with
common
49%
39%
3,300
52 %
Jan
6%
Jun
1%
1,100
3,700
3 Va
82
Apr
200
8
U S Rubber
Universal Products Co
2%
84%
125
Power
Rights
&
73
50
24
23%
23%
24 %
2,100
1/128
%
Aug
68,000
J-J
$4
convertible
preferred
$100% 103%
100
102
A-O
1967
1961
M-S
1st mtge 3%s
1968
mtge 3s
1971
Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
A-O
Jan
26
2%
Apr
1/128 Sep
&
Sep
Sep
Milwaukee Gas Light
4%s_
New England Power 3%s
Ohio
:
Power
1st
Park
1970
1
Petroleum
Venezuela
Syndicate
Inc
A6%s
63
70
61%
Sep
71
28%
28%
50
25%
Jun
34% Mar
4%
4%
1,100
3%
Jun
2%
*
Venezuelan
2%
2,100
11%
—
11%
200
4%
20c
Vogt Manuafcturing
Hydro-Electric
A6%s with Oct 1
5
61%
5
Vanadium-Alloys Steel Co
-
Jun
6% Jan
Jan
3
1% May
10% Aug
6%
50-year
Aircraft
Co
12% Jan
1%
;
preferred..—-
Waltham
Ward
Watch
vtc
wi
Aircraft
1%
1,200
11 J/4
1,100
1%
1%
1%
1,200
1% July
2% Feb
3%
Western Maryland Ry 1%
Western
Tablet
&
37/a
1.25
Stationery
River
Oil
(The)
5%
Brothers
Winnipeg Elec
w
Woodley
155
23
31
& Jun
36
Jan
21%
250
20 Va Mar
22
debs
15%
100
14
Jun
3%
300
2
May
pfd
15% July
9
8
Apr
8% July
2% Apr
10
Jan
9%
3%
75
3%
•
400
250
287/a
102%
13
29
200
102% 102%
8%' Jun
8
12%
12%
700
10% Aug
8%
8%
300
x6% Jun
"2.V ~2,7ff
II,300
Jan
5s
8%
*
2/,r
Week's Range
or Friday's
Bonda
Sale Price
Bid & Asked
Atlantic
City Electric 3%s
Telephone of Canada—
1964
108%
108% 108%
Last
J-J
series
1960
J-D
6s
1998
Q-F
2%s
1970
J-D
Central
C
States
Electric
5s
1948
/ 3%s
14
ser
Cities Service
148%
160
103
101%
104%
F-A
105
1970
A-O
106%.
1971
1970
j-j
M-N
1950
A-O
1966
A-O
1946
J-J
1946
(Calif)
Elec
&
i-0
$100
Af-S
100%
$110
101
109%
103%
114
13
1
105%
106%
4
104
105
103%
106%
■99%
101%
112
105% 105%
105%
-106% 106%
105
105
11
; 106% 106%
106%
—
3%s
$100% 101%
F-A
107
107
79%
1041%
80
76%
107
95%
.
130
130
123
/
$71
78
63
72
41
41
1
18%
52
41
41
1
18
53
$50
54
30
59
28%
50%
„
__
130
Corp—
stamped
2nd
103
,
Industries—
stamped
__
*
Terni
Hydro-Electric Co—
A6%s with Aug 1 1940 coupon—1953
A6%s ex Aug 1 1947 coupon
1953
United Electric Service
A 7s
with Dec
A 7s
ex
Dec
1
Waldorf-Astoria
1940
1
$30
Co—
1956
2
50
50
1956
coupon
1947 coupon
$30
Hotel—
1954
1964
J-D
Electric
5s
2030
A-O
West Penn Traction 5s
1960
J-D
1959
82%
90
90
M-S
Washington Water Power 3%s
F-A
debs
income
A 5s
Penn
92%
107%
106%
108
105% 105 %
104%
109
118%
119%
100 %
103
$107
119%.
119% 119%
Western Newspaper Union—
6s conv s f debentures
8% May
~2ft
106%
Apr
Jan. 1
Low
High
105%
108%
106%
106
108%
160%
165
100%
103%
No.
13
106% 106%
J162% 170
103'A 103%
17
M-S
96%
96%
97
48
89%
101%
102
22
92%
104%
91%
101
101%
Foreign Governments & Municipalities
Range Since
39
91
Transit Authority—
revenue
159% 160
A-O
J-J
3%s
Gas
51
26
Jan
105%
High
$105% 106%
J-J
1954
debentures
Chicago
50
J-J
M-S
5s
(Hugo)
A 7-4s
Jan
Corp—
" 5s debentures
;
Apr
10 7%
Sold
Interest
Period
j-D
"
106%
£1 '
Low
'
105 %
—-
1970
,
Stinnes
West
104% Mar
Jun
98
300
Gas
(Hugo)
A7-4s 3rd
33
23% Feb
20
10%
Appalachian Elec Power 3%s
Edison
Stinnes
15% Mar
Jun
10'/a
Friday
Boston
13
$ 106 % 107%
M-N
AStarrett Corp inc 5s
5s collateral trust
Jan
5
9%
13
106%
J-J
1965
3s
1st mtge 3s
Spalding (AG)
Jan
Feb
13
105%
1973
Gas
96%
$105% 107
1989
Counties
Southwestern
May
Jun
5%
BONDS
Steel
19
7
150
New York Curb Exchange
Bethlehem
Sep
200
2
American deposit receipts
6% preference
Wright Hargreaves Ltd
5s
3%
7%
100
Petroleum common
(F W) Ltd—
Southern
106%
93
J-D
1973
Edison
Southern California
108
103
~
Feb
26
Jun
7%
•
4%%
Inc
Woolworth
Bell
27
7%
1
series
105%
106%
105%
11
106%
$97%
3s_1981
1952
A
15% Mar
21%
25
7%
1
1998
California
Jun
50
104%
105% 105%
$105
J-J
50
Safe Harbor Water Power Corp
San Joaquin Lt & Pow 6s B
Apr
2%
3%
25
common
Industries
115%
Jun
*
w
Wisconsin Pwr & Lt
Woodall
Jan
138
5
common
preferred
112
30
149%
10
& Co
Willson Products Inc
Wilson
10
Sep
Feb
15%
1
Corp
Apr
87/a
31
21 Va
1
Corp
(R C)
1%
I
23
10
Wichita
Jan
21%
20
Weyenberg Shoe Mfg
Whitman (Wm) & Co
4%
114% 114%
149
•
com
Sep
1 % July
s/a July
6% May
500
Jan
11%
149
•
Westmoreland Inc
Williams
I,350
_7% _7%
7%
1st pfd—100
Westmoreland Coal
Wickes
4%
105%
A-O
65
103%
106%
$30
Queens Borough Gas & Electric—
5%s series A
1952
Mar
2%
U May
Jun
1
Wentworth Manufacturing
West Texas Utilities $6 preferred
111
6%
1
Corp
Jan
9%
Baking Co warrants
Warner
Apr
9%
"l%
30
Co
l7/a
7% July
108% Sep
800
11%
1
preferred
cum
9%
100
Waitt & Bond Inc_
$2
8%
$104
1960
1st & ref M 3s ser B
1% Aug
9%
57
104% 104%
M-N
coupon—1960
coupon
& Gas Co—
3%s
*
61
Jan
W
Wagner Baking voting trust ctfs ext_*
$58'
Co—
1940
1947
Service Elec
Public
Apr
5%
Oct 1
ex
Southern
Waco
40%
F-A
24%
1,600
21
1963
Jan
4
36
Midland Valley RR—
Extended at 4%
to
Sep
4%
5
52%
36
$30
.1963
109%
Piedmont
1
common
27%
105
V
Corp
84
51
$49%
—1952
Superpower 4b
3%s
Valspar
High
62
69
108%
Feb
21
1952
1947 coupon
1
83%
102%
50% July
x25% Feb
21% Jun
2
Nov
ex
82
$104% 105
Jan
100
A7s
Altalian
,
$108% 109%
2%
150
Isarco Hydro-Electric Co—
A 7s with Nov 1 1940 coupon
83%
J-J
86
35% Feb
2,200
J-J
J-D
Jan
2%
ctfs
escrow
1969
1956
Jan
25%
A Debenture
Jan. 1
Low
Co—
Power
1966
1%
24%
1/128
common
Interstate
Range Sine*
No.
Kansas Power & Light 3%s
McCord Corp deb 4%s
6%
2%
Sold
High
Kansas Electric Power 3%s
Jun
25
2%
i
w
'
Bonds
Bid & Asked
3% Aug
1% Aug
4,300
Week's Range
or Friday's
Last
Sale Price
16 % May
Jun
24%
—
*
2
Jan
3% Jun
1,200
47%
47%
25%
10
5
Light
4
1%
__
„
.10
common
33A
1%
Feb
1
10
Utah-Idaho Sugar
Utah
374
41% Aug
8% Feb
% July
12% Mar
1,000
Period
Low
Jan
Jan
13]A xl4%
__
1%
7'A
37%
7%
2%
Jun
150
•
Interest
High
4% Aug
42% May
1
50c
%
1%
__
1
United Stores Corp com
Universal Consolidated Oil
Universal Insurance
50
39
13%
....
•
Reclaiming Co
5'A
__
X
,
Securities
500
__
100
BONDS
LOW
37
23
New York Curb Exchange
Ran re Since Januarv 1
.
48%
__
1
common
Conditioning Corp
v
5%
49
25
High
%
__
SEPTEMBER
ENDED
Friday
Shares
%
__
10
'United Shoe Machinery
of Prices
Low
Par
;v
,
United Profit
•
Sale Price
(1217)
EXCHANGE
CURB
WEEK
CHRONICLE
(or Week
Last
Exchange
FINANCIAL
Sales
Range
Friday
STOCKS—
New York Curb
&
1978
91
91
(Col) —
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
v
ACauca Valley 7s
—1948
Agricultural
A
91%
1966
M-S
106% 106%
4
105
1958
A-O
103% 104%
5
102%
104%
Debenture
5s
1969
M-S
107% 107%
2
106
107%
Debenture
3s
1977
J-J
95%
195
87
Sale Price
or
Friday's
Bid & Asked
Cons
High
Bonds
Range Sinee
Sold
Jan. 1
Low
NO.
High
Bank
Mortgage
20-year 7s
A-O
$71%
—
—
$71%
J-J
J-D
717/eia 717/a
—*
46%
46%
79%
—
80
371/4 *46%
r1' 10
Municipal Loan—
External
5%s_—
—1955
5s_.—
—1953
79%
M-N
External
107 %
Debenture 5s
F-A
7
70%
5
6%
■
:;s3%
95%
Consol
5s
j-j
Last
Period
Exchange
Low
Danish
of 1947
Week's Range
Friday
Interest
BONDS
New York Curb
Gas El
Jan
Lt
Pwr
&
(Bait)
ALIma
1st ref mtge 3s ser P
1969
1976
1st ref 2%s series R
2%s
Gen
mtge
$105
J-D
106%
104%
99%
106%
16
99%
103%
2
102 %
107%
102% 103%
"~2
A-O
103
1962
Gas
J-J
1981
debs
conv
94%
—
1st ref mtge 2%s ser Q
Consolidated
95
Danzig Port & Waterways—
AExternal 6%s stamped
M-N
107% 107%
103
4%s
1954
$lll7/8
A-O
Interest reduced to
AMedellin
1st mtge
of
N
111% 112%
—
1993
1993
4s ser A
A 1st
mtge 4s ser B
Eastern Gas & Fuel 3%s
Elmira Water Lt
& RR
1965
50%
$49
A7s
J-J
J-D
50
100
$103%
—
52%
61
65
99%
103%
M-N
1955
40%
49
48
40
5
103% 103%
J-D
—
103%
58
46
106%
...
60%
60%
1
32%
60%
60%
25
31%
60%
60%
1
32%
60%
59%
1
F-A
1957
59%
60%
60%
.1955
61
15
31%
61
1
61
.1957
.1952
J-J
60%
60
60%
7
37
62
.1952
MM
60%
59%
60%
9
32
60%
Stock and Bond Averages
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.
Below
listed
on
46
trials
Util¬
roads
ities
—
17
15
Rail¬
Total
65
Stocks
First
Second
Grade
Grade
Util¬
(ser A B C D E)
ities
Bonds
■
Closed
Closed
10
Total
Interest
A5%S
46%
49%
~2
41%
49%
M-N
J-D
$30
1972
J-D
$72
77
2008
J-J
$31
34
1997
J-J
$49%
49%
A-O
to
Government
2012
1919
61%
2%
6%s
—
80
—
26%
31%
.
177/e
18%
84
15%
18%
27%
27%
10
24%
29
"2%,
2%
2%
12
2
3%
2%
2%
2%
2
2
3%
--
J-D
1921
reduced
37%
1947
1947
1931
—-
J-J
M-S
•No par value,
a
transaction
(not included in year's range), d Ex-Interest,
year's range),
f Ex-distribution,
g Ex-stock div.
hEx*
Deferred delivery transaction
(not
included
in
principal,
n Under-the-rule transaction (not Included in year's range),
rTwnsactlon
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
being transacted during current
ABonds
being traded flat.
SReported in receivership.
/
certificates of deposit; "cons," consolidated; "cum," cnmntotive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc,
voting trust certificates;
"wl," when Issued; "w w," with warrants; "xw," without warrants.
Abbreviations used above—"cod,"
Over-the-Gounter Industrial Slock Average
(35 Stocks)
*
Date—
Closing
Sept. 17
Closed
*
•;
Inc.
Range (or 1949
High
33.26 Jan 24
Low
27.79 Jun 18
Sept. 19
19
181.42
46.63
37.75
64.81
102.94
104.90
83.34
105.69
99.22
Sept.
20
178.04
45.39
37.43
63.61
102.87
104.71
83.05
105.67
99.08
Sept.
21
180.02
46.22
37.74
64.39
102.80
104.62
82.86
105.67
98.99
Sept.
22
180.83
47.33
38.01
65.00
102.85
104.71
83.25
105.72
99.13
Sept.
23
181.30
47.78
38.19
65.30
102.77
104.71
83.64
105.60
99.18
(or cash
week.
32.57
Sept. 20
32.41
Sept. 21
32.27
Sept. 22
32.38
High
Sept. 23
32.53
Low
—
Sept.
29
8
46
(Plan A)
40
Rails
Rails
15%
24%
10
10
Indus¬
trials
12%
46%
J-D
Compiled by National Quotation Bureau,
-Bonds
10
20
30
Indus¬
Sept.
30
■82
13%
—
are
-Stocks-
Date—
16
$27%
M-N
$Friday's bid and asked prices; no sales
Sec—
C
$13%
(Republic of)—■
Is to 2%s
eOdd-lot
$46%
—
70
102%
102%
1
—
__
$45
Power
Peru
Rio de Janeiro stamped
ARussian
100
100
1970
series
100%
117%
RR—
Western
1958
A6%s
33
54
$56
M-S
1963
International
96%
116
•.
1950
&
(issue of Oct 1927)—
Mortgage Bank of Denmark 5s
Parana stamped (Plan A)
Interest reduced to 2%s
$30
.1961
stamped.
Guantanamo
1
48%
Co—
A6%s with Nov 1 1940 coupon__1953
A6%8 ex Nov 1 1947 coupon
1953
Finland Residential Mtge Bank
5s
22
117% 117%
100%
63%
32%
40
100% 100%
M-S
49
27
55
$38
J-J
1956
5s
Ercole Marelli Elec Mfg
55
M-N
May
M-S
6%
1951
stamped
AMortgage Bank of Chile 6s
Division—
J
7s
Mortgage Bank of Bogota—
A7s (issue of May 1927)
Delaware Lack & Western RR—
Lackawanna
City (Peru) 6%s stamped_1958
stamped (Plan A)
2%s
2008
J-J
6%
—
83
Maranhao
103%
(Bait City)—
1952
$80
Range fori948
37.83 Jun 10
32^7T5ec 29
THE
(1218)
38
COMMERCIAL
&
CHRONICLE
FINANCIAL
Monday, September 26, 1949
OTHER STOCK EXCHANGES
KANtiK
FO» WEEK
ENMD SEPTEMBER
'29
Friday.
Boston Slock
Friday
Week's
Last
stocks—
of Prices
Sale Price
Low
•
American
Agricultural Chemical
Sugar Refining
Tel & Tel
.100
pfd
Bigelow-Sanford Carpet 6%
40% Aug
32% Mar
150%
Jun
138
24%
552
22%
Jun
38%
Feb
213
25%
Jun
35
Jan
20
110
109 %
90
100
44%
2,726
40
118
108
109%
43%
44
Boston Edison
120
Apr*
7io
12%
preferred
prior
34
100
——
3%
5
17%
17%
110
61%
50
10
52%
54%
300
10%
10%
45
70
70
25
Service—
3%
Co——
—*
Fuel Associates—
4%% prior preferred—
—100
6% 1st pfd series A———.—100
Range
12
—
Sep
70
61
61
25
61
.
SS Lines
Inc
Stores—
National
First
preferred
Service
National
North
38 Y»
8%
Northwest
55'%
Feb ^
12 y4
Jan
Sep
68'%
Jun
57
Jan
16c
18C
1,000
x9%
10 %
3,376
87%
85%
88
4%
Waldorf
10%
13c
8%
79"
5%
Penn
Switch
Elec
St
Louis
Apr
25%
59
lo
20%
class A
Jan
Jan
25c
Jan
Jan
10%
Sep
88
Apr
Sep
9%
Jun
364
36
250
Jan
17%
Jan
7
Feb
15%
292/2 Jun
48%
48
49%
Jun
capital—.
Co
&
Standard
105
315
Sep
36
50
Aug
Jan
Laboratories
Week's;
Last
Steel
Acme
Admiral
Advanced
Co
(new)—5
10
common
Range
of Price#
Share#
common
new
Co
&
Armour
Asbestos
5
AVCO Mfg Corp
Belden
Mfg
Co
common:
f
200
5,300
5%
100
4
%
11
100
10%
Jun
13%
23%
800
19
Jun
24%
Sep
5%
5%
300
6 Ve
Jan
.1
3%
3%
3%
700
4% Aug
2% Jan
__
6%
300
6%
Sep
Bruce Co (E L)
Butler
200
46%
Convertible
14%
Jan
8%
8%
8%
550
6%
Jun
11%, Jan
29%
29%
29%
500
27%
Jun
32%
Jan
—
10%
Jun
11%
Jan
Feb
61
capital
Co
£
stock
Swift Intl Co Ltd ctfs of dep..
10%
10%
400'
58%
25
(The)...
Co
Texas
59.
300
9
10%
Co
(The)
10%
208 South La Salle St Corp..
100
46
38%
39%
400
34
3p
30%
200
25j/2
22%
23%
2,400"
24%
24%
200 "
10%
10%
950
10%
10%
45,
—•
300"
25%
45
2
common
11%
25
5
Corp
Trane
49%
Sep
10%
50
-
Sep
13%
Jan
27 %
Aug
Jun
46
Sep
Jun
41%
Jan
Jun
30%
Sep
20%
Jun
24% May
20%
Jun
26
Jun
10% Mav
9
Jun
11
76
Sep
76
Sep
9% July
13
Jan
8% July
20
Union
Carbide
United Light
8 Steel
Carbon
&
capital
*
20 •
May
42%
& Rys Co com..
(new)..
7
Elec & Mfg com
12y2
Westinghouse
Bankshares
Industries
23%
•
common
10%
*
common
100
150
Unlisted
.2
common—
Mach
capital-
;
Jan
Aug
Stocks—•
3
1
Corp
Lines
1
Inc
Air
Radiator
Copper Mining capital
& St
San
Corp.
26%
50
10
100
—
3
13
4C0
1,400
10% July
Jun
14%
Jan
Jun
35
Jan
Jun
26%
JTan
May
25%
19%
•
'
»
f
Jun
10
•
94
Feb
7%
300
21 Va
103 %
Jah
Jun
33%
Jan
10%
Jun
15-
9%
Jun
13%
Sep
Junf
11 Va
Apr
8%
Jan
94
100
86
27
28%
200
23%
13%
15
1,700
13%
13%
300
11%
11%
94
3% Aug
2%
1,200
9%
13 Va
9%
*
com
new..
common
Pacific Ry Co..
Canadian
Sep
21 %
25
10%
13%
Columbia Gas System Lie
Continental Motors
—
Curtiss-Wright
Jan
-1
5%
300
33%
50
12
5
150%
Jan
7%
Jan
Apr
5
750
1% Aug
Jun
Jun'
III—II
-
,
10
6
•
-
;
1,300?
100
5%
7%
7%
6
7%
600
7%. Jam
Jun
Sep
9% ' Apr
Sep
5% Mar
7%
Jan
25%
Jun
36%
Tele & Radio...
Farnsworth
200
11
Jun
15%
Feb
29%
300
27
5%
800
General
Electric
Public Utility Corp.—
Graham-Paige
Laclede Gas
1
...^
1
Co
7%
May
Motors
37
37%
900
34 %
Jun
15
14%
15
500
11 y4
Jan'
1
,
1 %
4
—
~7y8
5
Light
Nash-Kelvinator Corp
13%
7%
(00
1%
7%
10%
10%
600
3%
*
13%
3%
15
1,300
1,000'
10%
Sep
3%
1 Va May
4 %
1,300
13
Jan
39% Jan
37%
IIII—5
Jan
Junr
7Va Aug
15% Jan
Jun
13% Jan
July
Jan
250
11
34% Mar *
Jun
4%
10
■
New York Central
Pan
American
RR capital-
"3%
Car
Motor
.
Paramount
Pictures
Jan
Pepsi-Cola-
Co
13%
Jan
Pure Oil
11
1,100
9
Feb
11
Sep
Jan
47%
200
43
Apr
53%
16
22
16%
450
14 y2
Jun
8%
900
6y4
Jun
1
2%
2%
3
2
Feb
1
1%
1%
1%
16
16
5
12%
12%
12%
1
11
11
11
800
7
200
4%
Jun
31
31
100
26%
Jun
88
90
143
6«%
Jan
90
52%
700 1
45% Jun
57%
54%
400-J
39%
55-
8%
21
15% Aug
28%
28%
25 '
28%
11%
20%
50V
16% July
30
27
70
22
38*
Radlo-Keith-Orpheum
Republic Steel Corp common
Rexall Drug Inc
20%
19%
20%
2%
4%
4%
4%
Jan
Jun
14 y4
Jan
Jun
9%
Apr
Jun
27%
Jan
4y« Aug
1,300
500
-
3»
17%
1,000
•
12
Jun"
5%
Apr
25
1
Jan
27
12
Jan
9%
700
20%
Jun
8%
300
31%
•
common
Sep
20%
America
Jan
27%
30or;
4,950'
8%
30%
21% Aug
Apr
Apr
Sep
20
20%
Jan
53%
of
19%
409
20'%
31%
•
Aug
50%
Corp
Jan
Jun
7 %
1
common
common
4%
10%' Apr
8%
33%
(The)
Co
9%
3% Jun
2%
Airways Corp
7%
Jun'
Jun
7%
common
preferred
*
W common.
Central & S
Sep
Jun
May
25
&
11%
8%
com
111 Secur Corp
43%
Swift
9%
Jan
Jan
Schenley Distillers Corp
Biscuit
Carr-Consol
Central
Feb
10
Jun
36% Feb
5
76?
46%
2%
300
11%
Jun3
138%
1,300
1%
Xl0%
8Va
100
43%
76
—10
common
common
Bros
11
10
5
(George W) Corp
Borg-Warner Corp common
4% Mar
9%
Radio
Borg
9
42%
*
20% Aug
15%
6%
5 Va¬
9
.
5
45 %
Jun
il
Apr
11
Certain-teed Products
18% July
Feb
21%
28%
5%
Jan
,,
22 %
*
>-
28 V4
Jun
5%
■■
Yates-American
High
Jun
19%
11%
1
1
Jan
Apr
8%
23%
•
Wrigley Jr Co (Wm) capitals
Range Since January 1
37 %
5%
5
Aviation
Bendix
Bergholf Brewing Corp
Binks Mfg Co capital
Sep
13%
22'
II
Atchison Topeka & Santa Fe
100
49%
33%
5%
1,050'
750
Bethlehem Steel
1 %
*
10
150
24%
200
Packard
Bastiah-Blessing Co common
10%
23%,
8%
Armco Steel
6%
1%
1
3
Jan
42
Sep
Low
142% 143%
100
common
Co common——4
Mfg
10%
24%
,
12%
General
American Tel & Tel Co capital
Sep
11%
Jun
9
34*
7%
Jan
5%
1
200
900
Jan
14%
6%
5%
*
common
II
35
Jun
30 Va July
10
11%
42
Jun
26%
18%
21%
33%
43%
20% May
19%
1
Jan
40
Jun
High
44%
.
—5
Corp common
Aluminum Castings..
Aetna'Ball Bearing
__
17%
Woodall
for Week
•?
Jun
14%
1,100
Sale* >y.
FrMtty
.
Jan
14%
Jan
Chicago Stock Exchange
Low
13%
9
12%
Anaconda
Sale Price
Jun
41
*
American
Par
100"
11
—
American
STOCKS-
Jan
11
52%
31% Aug
275;
19%
8%
Wisconsin
39
■
Sep
12%
54% Mar
34%
13%
Jan
Aug
5
35%
39
13%
Jan
Jun
5%
15%
-1
Jun
32%
24% .24%
9%
8
6%
700
200
Corp common.
8tone Container Corp common
Sundstrand Mach Tool common
Sep
10
24%
Corp..
Forgings
44%
25
Il7.50
700
6
16
33%
i
__
Society Brand Clothes commonStandard Dredging common—.
Alleghany
Abbott
—
»
-
Sinclair Oil
26
12y8
8%
25% Mar
22% Feb
Jan
18%
Feb
42% May
38% May
*
50
Jan
45c'
3% Aug
18%
50
Jan
24 %
Aug,
14%
14%
II
Stewart-Warner
13l/a
12%
2,972
1,250
Jan
31
3
*
capital..
15%
807
51
Jan
20%
24
25
ir
50
Jun
800
27
31%
17% July
200
6
_1
Jun
48%
Jun
600
15%
10
:
Schwitzer Cummins capital
Roebuck
8%
.1
5
25
—
25
Sep
27
50
19%
25
24 %
*
26%
19%
20
common.
Sep
Mar
25
5
Stockyds
Nat
Jan
Jun
common
Manufacturing
Sep
Jan
14%
Aug
21%
common
14
25
11
11
47%
Standard Oil of Ind capital
26c
15
2%
Jun
Sep
400
51
common. III25
Corp
3,750
Sep
35
5
Electric
12%
59
4%
4%
25%
—
System Inc—
Westinghouse
12%
42%
17%
—II*
IIII*
Co.——.
Rubber
10
26c
14
14%
Drill
12%
11% May
14%
26c
26C
720
6 %
6 %
15
Co
Fruit
1%
5% July
450
100
common..,
Peabody Coal Co common
5% prior preferred
U
Twist
1.900
4,400
Aug
8
10
—25
—
2%
6%
Jun
34% July
46
110
—.50
Unhcd- Shoe Machinery
6% preferred
8
Oak
Thor
Torrington:Co
U
Jun
8%
..2.50
—
& Webster Inc
United
68%
13%
—100
Pennsylvania RR
Union
Feb
8%
Bhawmui
Stone
58
12 7/a
-100
England
Y New Haven
Quincy Mining Co
Association
40
1
1
,Tnn
14% May
10
20
56 V,
Jan
30
Mar
10%
2%
250
Serrick Corp class B common—
Shellmar Prod Corp common...
10
315
12
9%
25%
Sep
105
51
9% Juiy
19%
6%
Sign ode Steel Strap common
41%
Jan
39
6%
33% Jan
50
Apr
24
100
700
52%
Jan
40
41%
64%
Apr
49
23%
25%
67%
23% Jun
63
July
49
52 %
Sears
330
62%
Sep
23%
*
40%
Jun
Sep
——•
35% Mar
Jun
210
—5
England Electric System—
Tel & Tel
& HartfordNorth Butte Mining—
New
Jan
May
46%
63
New
N
39
23
30%
10%
_
Aug
19% Aug
25
8%
17%
Sep
70
Jun
65 % July
Bancorp
Feb
Jun
July
2%
Inc
Car
100<
10%
common
Ind
39 %
6%
35% July
1,500
....
Feb
13
xl4 %
60 :
8'/a
17
.
Feb
7% Mar
July
10
& Co
Standard
American
39
7%
17
10
1
common..
Noblitt-Sparks
150
Jan
15%
,
Jun
5
vtc
prior preferred—
National
12%
6V4
•
.1
common
Ward
50
Jun
23%
Corp capital
Mfg
6%
7%
Feb
*
Co common..
Hart Inc
Sep
45%
50
Cos
$1
West
&
Feb
29%
♦
—
Miller
Jan
53% Jan
33% Jun
30%
Mergenthaler
Nash-Kelvinator
&
•
6%
10
600
39
8%
High
Low
7%
13
12%
39"
Range Since January 1
200
6%
6%
-*
7
1
*
Mickelberry's Food Prod
Middle
6
336
-100
——
Field
17%
1,538
10%
Linotype —_—
Narragan&ett Racing Assn—.—
Marshall
12%
•
Cumulative preferred
Libby McNeill <X Llbby common
Printing Co common
Lindsay Lt & Chem common—
80
Jun
;
common
14% July
Sep
III—.5
Shares
High
7%
13
common.—.
Univ
61%
3V2
—
common
Lincoln
Modine
38%
x36%
10%
Mathieson Chemical Corp—
Co
Montgomery
66%
65 Vb
37%
-100
Mkine Central RR common——
&
Jan
29
35
—
—
Ext
43
29% July
237
337/a
•
Kennecott Copper
5%
75
65 Va
I-1*
Co
Razor
Safety
Gillette
215
29
35
•
Electric
General
29%
X20% X20%
29%
*
III*
III*
Employers Group Assoc—
Leath
common
bf Prices
Low
1
Pennsylvania RR capital
..100
adjustment
preferred
Eastern
Salle
Jan
Eastern Mass Street Ry-—
— 5%
La
Co
Switchboard
19%
Aug
&
Gas
Eastern
15
—100
Boston & Providence RR——
Copper
34
61'/2
17%
Boston
Cities
925
Jan
44%
July
Maine Railroad—
&
class A 1st pfd stamped.--—100
Personal Prop Trust
•
5%
13
34
.100
Stamped
Jan
120
Mar
Boston'Elevated Railway—
Boston
Jan
27%
118
.100
RR
Boston & Albany
15
2,909
22%
24%
IZso
Anaconda Copper
39%
Sep
26%
•
American Woolen
40%
39%
142 %
46%
34% Mar
Drug
Kellogg
High
LOW
65
39%
-100
Range Since January 1
High
141% 143%
:ioo
American
American
Shares
Katz
t
f
for Week
| Range
Par
for Week
Sales
Week's
Last
Sale Price
Sale*
Range
Par
STOCKS-—
Exchange
Chicago Corp common
1,100
350
% Mar
Socony Vacuum OH Co Inc
1%
Jan
Standard Oil of N J
250
11%
Jan
16
Sep
Standard
2,200
10%
Jun
12%
Apr
Studebaker
9
Feb
11% May
Steel
Jan
17Yc Jan
15
Spring
16%
16%
16%
2.800
14%
Jun
__25
68%
68%
69 %
500
60%
Jun
100
12
Jun
16% Aug
16%
Feb
24
15*'
1
Corp common
Sunray Oil
30
25% Apr*
1%
•
4% Mar
l
Corp
-
15
22%
22%
1,100
11%
1
21%
10%
11%
1,800
4%
4,500
-
'73%
Jan
Aug
9y4
Jun
11%
Sep
2%
Jan
4%
Sep
rJan
11%
Jan
'
United
Chicago Milw St. Paul & Pac vtc
Chicago R I & Pac Ry common
Chicago Towel Co common
Chrysler Corp (new)
Cities
Service
Coleman
Co
(The)
Inc
Common
;
54%
21
5
Commonwealth Edison common
Consumers
89
10
common—
Co
6%
*
*
•
2%
28
•
28%
Feb
Jan
7%
Apr
Corp
Wilson
&
•
Co
*
(new)
50
11
31% Aug
Cincinnati Stock Exchange
STOCKS—
Jun
' Week's
Friday
Co—
Cumulative preferred (new)
4
4%
*
common
Last
Par
Dodge
Mfg
Corp
Doehler-Jarvis
Domestic
10
5
common—
Corp
Credit
Corp
class A
6
32%
1
Elgin National Watch
3%
3%
75
*
15
Four-Wheel Drive
32%
10
Eddy
Paper
Corp
(The)
Autoi.
-
6%
200
5%
Jun
7%
Jan
American
32%
100
28%
Jun
32%
Sep
Burger
3%
850
2%
Jan
70
4%
v
46
Jun
95
Jan
Champion Paper & Fibre
Churngold Corp
xll
Aug
13
Jan
Cincinnati
Jan
6
General
General
Candy class A—
Finance
Motors
5
Corp common
Corp common
6l%-
13
13
20
6
:y
1
10
6
50
60%
62%
1,800
7%
730
4,
10
5%
52
N
O
Gas &
T
&
Jun
14%
Jan
Cincinnati
Jun
6%
Aug
Cine
Jun
&
P
*
1
•
30
30% •
600?
•
13%
14
750
39%
39%
100-
14%
15
300
Goldblatt Bros common
Goodyear Tire & Rubber •Co.—
Great
Lakes
Dr
Die
&
*
common
Hammond Instrument Co common.
<01
Hein
Werner
Bibb Spencer
Brew
Co
new
7%
*
-
14%
10%
1
1
cap
Corp.
6%
19
1.0%
200
18%
19%
1,700
3
Bartlett
6%
25
common
6%
42%
42%
7
43%
Illinois Brick Co
capital......
!i4i
Indiana
Steel
Prod
1
common
see
•
page
28%
•
International Harvester
Fop* footnotes
113
,i<y
100
common
Indep Pneum Tool common.
46,
28%
50
23%
25
Street
Sub
Bell
class
5
25
Tel
Sep
Coca
Jun
9%
Jan
Dow
32%
Jan
Formica
8%
Jan
14
.
High
18% Sep
25% Feb
Jan
16
18% Jun
25
8
12
Jun
42 % Mar
Gibson
14%
Jun
18
Hobart.-Mfg' Co
common
_io
common
31%
75
*
IK) '•(12
.
Sep
26'/a
Apr
76
Jun
.4
Jun
Jun
210
20' '
4%
251
75 V2
Aug
Apr
32% Sep
July
325
63
10-113
31%
78*
75"
5
90V'4
V/2
76Y2
125 V
8Vb
34
Feb
Jan
Jan
Sep
Sep
37%
-
4y4
50
Jun
5
78
__
20
6
8% Mar
15%
Feb
450
6
Apr
185
42%
Sep
64
Sep
11% May
20% Aug
9%
53
Cola
A.
.*
Drug common
Procter &
Jan
Randall
8Ve
«
•
claa»B—^
100
Jun
13
200
24
Feb
30%
Jan
150
13
Jun
18V2
Jan
Amfericafi
Airlines
:-2% Jun
4%
Jan
American
Roiling
28% Sep
American
11
__
.
•
47
47
Jan
25
'
44
Jan
250 "
19% July
195
11
34
July
'
45%July,.
53%
53%
54s/«
173
43%
67%
66Ts
68
634
13
13
136
7%- Jan
__
33%>33'/4
AO*
28
July-
54
Sep
21% Jan
13% Jan
"47% Jan
57%" Feb
Jan
Jan
Sep
-55% AUg
.
70"
-
..
Sep
13-
Sep
39
Jan
Sep
28%
21%
n>
Feb
23
564
*
54
21-
•
Printing common
11%
54
21
Augit
6
40"'
8%
33%
_i
'V
—50
Gamble
125
7%
33^
—
•
5% preferred.^—
Kroger Co commort.
S
•
—
Art
(E)- Sons
Jan
125
*
Insulation
15%
X15%
~3%
45
16
__
Electric common_8%
common
24%
U
Illinois Central RR
19%
16
*
Kahn
Gibson Refrigerator Co common
Gillette
Safety Razor common.;
Low
18%
16
Jan
50
C
General
*
Range Since January 1
High'
19%
*
1
-
Shares
of Prices '
Low
20
Brewing
200
11%
4%
Mach
17
75
11%
11%
3% Aug
Laundry
Sales
for Week
Range
Sale Price
3%
27%
3%
27%
100
400
7%
23
Jun
Unlisted
Stocks—
Tel
&
—
Mill
Tel
—
1
10
100
9V4
24
142%
22 %
9%
24
141% 143 %
30
429
237
7y4
19%
138
Jan'
10% July
Jun
27%
Jan
Jun
150%
Jan
,
Volume
170
Number 4841
THE
COMMERCIAL; &
FINANCIAL
OTHER STOCK
RANGE
Friday
STOCKS—
Week's
Last
Par
Chesapeake & Ohio
Cities
Low
Columbia
29
30
57%
52%
57%
28%
'
Commonwealth
Gas
28%
11%
11%
489
5%
547
11 %
i
Southern-
&
Range Blnee January 1
Low
29%
}. City Ice & Fuel
5'A
,i,v
;
^
5
SEPTEMBER
23
396
29 f
V:
'
'
f f
f: f "'
\
Feb
Sep
Apr
57%
58
25%
Jun
29
9%
Jun
3
Jan
Hurd
Kaiser-Frazer
12
Apr
5% Sep
T
Lock
&
Power
Federated
&
Light
General
Electric
General
29 %
28%
29%
424
Stores
Dept
29%
29%
29%
80
37%
37%
61
62
Motors
National
New
Cash
York
Ohio
__
10
Register-
33%
33%
Central—:
Kresgc Co
_
.50
Socony
Vacuum
Oil—
3
Jan
4
3%
3%
550
3%
Sep
8%
Jan
17%
Sep
Feb
1%
Apr
10
Standard
Oil
2
Timken
U
S
R
McAleer
July
Sep
McClanahan OH
1
~2.:
1
1%
Micromatic
1
7
7
7
100
3%
3 %
200
3%
3%
460
1%
1 %
500
1%
Sep
1%
1%
400
1%
Jun
23%
23%
125
18%
Jan
58
30% Feb
35
Apr
Mfg
14
Jun
17% Mar
Park
50
25%
Jun
31%
Apr
Hone
Peninsular
16%
4
14%
Jun
17%
Jan
Pfeiffer
Jun
10
13%
Jati
50c
_
_
Chemical
-
Brewing
_
20%
116
17%
Apr
21%
Jan
Rickel
255
60%
Jun<
78
Jan
j;*
Cleveland
$4.50
?
20%
Jun
26%
Jan
Rudy
37'%
100
37%
Sep
23%
75
20%
Jun
24 Vi May
<
Cliffs
Week's
(H.
&
W.)
Iron
Range
Gas
Consolidated
duPont
Erie
•I"
(E
Natural
I)
Gas
Motors
jf Glidden
Warner
16%
Jan
f 150%
Jan
Walker
Sep
34%
Jan
Wayne
349
10 %
July
16"
Great
Co
63%
76
Bros
(TTnV
268
70
9%
Jun
Jun
a41 % a41%
Lamson
..
Jan
31%
Aug
3C0
1,500
200
1%
Jun
11%
11%
448
10%
Jun
12%
Jan
16%
16%
1,535
11'A
Jun „:
16%
Sep
Feb
class
11%
16%
f,
B
'•
;
■
1
2%
1
9%
4
'
Feb
6%
Jan
1% May
'
6
1
Sep
6%
9%
600
8%
Aug
2%
100
9% Sep
2% Mar
2%
2%
1,400
2%
Jun
2%
Jan
9%
-
200
2%
'
,;j
6
9%
535
R%
Jun
10%
Mar
100
6%
Feb
'
"
7
•
L—'
■
2% July
7
10
•"
1
Distributors
4
8%
'
—.
1
common..i
common...
2% July
5% Aug
6
1
...
Juni
42%
10
150
8% July
4
980
3%
37A
4
75c
75c
7
Sep
11%
Feb
6%
Sep
Jan
common
1
Co.
Products
Apr
15
15
—
—1
common.
95c
■
1,010
*
15
100
1.00
1,200
72c
13
July
July
93c
1%
Apr
15
V
Sep-
Aug
1%
Jan
Jan
12
36% Mar
Aircraft
&
Screw
Los
46% Mar
Angeles Stock Exchange
60
38%
a52%
190
43%
Jun
53%
Sep
1
9%
Jun
14%
Jan
240lv
17% July
23%
Jan
350
34
Junv
40 s
Jan
16® '
51%
Jun
64
Sep
Alaska Juneau Gold Mining Co
19%
44
17%
Jun
21%
Jan
Aliis-Chalmers
11%
11%
220
10
Jon
14%
Jan
American
Airlines
21
20%
_10
21
Feb
23% Aug
American
Power
Smelting & Ref Co
Towing
G)
__
_
*
class A
Sales
Week's
Range
Friday
stocks—
Last
BalePrlee'
10
Metropolitan
National Acme
1
Nestle
8
Brick
LeMur
4
Inc.
class A.
for Week
of Prices
Shares
Edison
Oil
—
Patterson
—
200
21%
101
32%
11%
Jan
American
Jan
American
Woolen
42
Sep
Anaconda
Armco
Jun
5%
Sep
Feb
3%
19
21%
50
a
—
Steel
11
5%
Jun
6%
Sep
Atchison
10
a6
% al0%
9%
Jun
13%
Jan
Atlantic
Roebuck
Sears
&
Co
75
23%
Jun
33
23%
Jun
33%
21
90
20
24
Jan
Baldwin
14%
50
14%
17%
Jan
Baltimore
14%
a
164
19%
a
19%
138
42
455
41%
May
Jun
May
a
—
16%
a
Jun
14%
Jan
17
Jun
27%
Avco
Jan
37
Jun
—25
Standard Oil of Ohio commonThompson Products Inc
1
Union
?
US
Carbide
Carbon
62
161J'
33%
Jan
42% Aug
14%
Jun
17%
Dorn
Iron
Works
50
Co
Jan
Barker
(Un)
Barnsdall
60%
Jun
74%
Jan
(Un)
Bendix
20
Jun
20%
45%
Jan
Bendix
Jun
42
Jan
Bethlehem
23%
510
20%
Jun
24% May
7%
7%
200
a 65%
a65%
15
Jun
6
53%
9
Jan
Jun
74
(Un)
Blue
Detroit Stock
common—
Consolidated
Consumers
Paper
Power
/;•'I
Davidson
Bros
common
common
„'v:f
Cleveland
Detroit
&
Detroit
wd
for Week
Range
of Prices
Shares4
Kan re Sine* Janaary 1
High
Low
High
3
100
2%
Feb
3% Aug
Crown
200
5%
Feb
7%
Jun
6*% May
11% Aug
Curtis
285
3
9%
143
9%
90c
300
75c
14%
225
13%
Navigation
9
20
common.—.—..1
Detroit-Michigan Stove common1
~6%;
Friars
Ale
Brewing common..
Brewing common
Trailer
Fruehauf
—
1
1
1
2%
47c
Jun
7
30
Aug
31% Sep
1.805
Jun
Sep
Jan
Ho6kins
Howell
(Un)__
For
1
Motors.
20%
Jan
Exeter
footnotes
see
page
46.
__
7
al9
/
35
Jun
2.50 Apr
9%
4%
Apr
21
Jan
37-%
Jan
75c
27% Jun
5%
F.
A.
4%
Aug
Garrett
Jan
23%
Sep
General
Jan
34% Mar
Jan
2%
Jan
General
Foods
6
6%
425
4%
Jun
9%
Jan
General
Motors
2%
2%
2,350
2% July
3%
50c
17
4,300
5
!
Sep
33%
Jan
"'
Jun
7
'
Jan
(Un).—
(Un)
:
Jun '
Sep
10
387/s
46%
Jan
44
6Va July
Feb
101
Aug
47%
295
53 %
Jan
7%
795
6V4 July
10
Jan
10%
11
765
7%
Jun
11
Sep
23%
23%
275
23%
Sep
24
Apr
13%
15
1,144
10%
Jun
15
Sep
31%
31%
*
*
25
10
1
11
9
0
(Un)
13%
Sep
Jun
56%
Jan
38%
Feb
56
3%
Sep
44 Yt
56
507
3%
462
34%
Sep
'.f
Sep
5%
Jan
al5% al5%
65
12%
Jun
19
Jan
11%
175
10
JUn
11%
Apr
15% al6%
96
13%
Jun
17%
Apr
25 %
Jan
28%
Sep
3
Jan
5%
Sep
July
1.80
Apr
21% Mar
27%
11%
a
28
28
135
5%
5%
5%
19,514
1.15
1.25
2,210
27%
14
7"%
10%
27%
27%
346
14%
14
1,830
6%
Jan
14'A May
7%
7%
1,100
10%
10%
250
7% May
8% Jun
17% May
12 % Apr
5%
5%
150
a60% a60%
12
12
26% 26%
50
—
1
—
5
*
—
-j.
7%
(Unir-*
*
Inc
May
6,466
53%
—
al5%
(Un)_5
(Unk
(Un)
Jun
10
560
52%
3%
25
common
Feb
28
13%
50%
—
56
Corp
(Del)
243
12%
•
1
—
*
25% Mar
7%
10
(Un)
Corp
1,000
18%
47%
~
a6%
400
456
68
.
ab%
325
7%
7%
ao8 k a58 A
95c
5%
J un
8%
54% Mar
Sep '
55%
Feb
12'
22
8%
Jun
Feb
7%
Jan
Jan
27
5
Jan
7
"Sep
Jan r)
Jan
..
9%
Feb
*
25
60% Feb
59% July
500
11
Feb
5
4
.1
16%
17%
17%
Sep
13%
13%
210
12% July
13%
Jan
36c
40c
400
31c
65c
Jan
U
(Un)
Corp.
%
1
8%
8%
200
7
% July
Aug
12%
275
10
Feb
381
—
7
Jun
•
Corporation
2
9%
40c
Sep
95c
July
20%
Mar
Corp
(Un)
(Un)
'12%
12%
common
Corp
(Un)
•%
700
Aug
7%
Jan
8%
Sep '
13% Aug/
41% Mar
45%
Sep
34
34%
Jun
39%
Jan
1,189
52%
Jun
63%
851
11%
Jan
15
Sep
Sep
—
*
10
5
I
—
'
Goodrich
(B
F)
Company
(Un)
*
Jun
6%
Feb
7% Aug
9%
Jan
Greyhound Corp
500
3
Jun -v
5%
Jan
9% Aug
—
a62% a62%
-
50
a__
V
—
39 39%
1%
1%
a37% a37%
400
20
36%
Feb
39%
11
520
10%
Feb
12'
34 Va
Jun
40
.
..
Jan
Jan
5%
220
-
37% 37%
a43% a43%
62 <1
61
62
15
14 %
15
•
—
Goodyear Tire & Rubber Co common..*
Graham-Paige Motors Corp (Un)....1
Great Northern Ry CO pfd (Un)
0
100
1,000
275
11%
11%
100
3%
ki*
...,
Co
Corp
565
-
13
3%
10%
Jun
•
Corp
Sou
38
5%
Apr
.
Apr
l%c May
5
25
Electric
1%
9
7
23%
1,466
'•
a44% a45%
Liquidating Corp
R.
20%
40c
100
673
2,000
al9
5%
1
Oil Company Ltd A
800
13
"3%
28
5
.
Co
Products
7,738
1
1
Electric
25
665
10
a9%. a9%
27%.'
28
3c
3c
6%
< 1
__
.-—a
Corp
1,000
4
Manufacturing
9%
a28%,a28%
—15
Zellerbach
1%
4
10
2%
800
25c
a48% a49%
10
5
(Un)
Publishing Company
6%
8%
:
Jan
51 %
<te
23 %
8
Bearing
10%
18%
25c
—
—
& Iron Corp common-"
6%
4
&
Apr
7%
Sep
Gas System
22%
4
Ball
12
Jun
—
Curtlss-Wright
17
3%
Jan
100
11% July
10% Jun
3% July
Hotels Corporation..—
Development Co..
19%
Jan
Holly
14
Jan
Hudson Motor Car Company
6
Mar
Hunt
Foods,
Inc.
—
—
3
(Un)_
Hancock Oil Co of Calif class A
Hilton
Hoover
Jan
8% Jun
7% Sep
1
"9%
15
Jun
Electric Bond & Share Co
1,243
1
—_
Jan
7%
40 f
1
5
(Un)
Electrical
7%
Industries common
Gerity-Michigan Corp
Goebel Brewing common
,
Jun
Sep
31%
\
17
4
a9%
5
25c
Consolidated
Jan-
...
Jun
Manufacturing class B
Gar Wood
380
36
Jan
16
17
19
_
Gemmer
39
70
General Public Util
Frankenmuth
95% Mar
Feb
37%
Products
1%
6%
23
Jun
33%
37%
Fltzsimmons Stores Ltd A
Edison
82 %
20
.-50
1%
July
860
18%
30%
Detroit Gray Iron
Jan
45
Sep
Jun
9%
7% Mar
88 c
14%
7%
Jan
7%
15
Creameries of America Inc
6
•
27 %
Jun
1,149
Continental Oil Company
10
1
Jun
5
17%
(Un)_—•
Cons Chollar Gould & Sav Mng__
1
Consolidated Edison of N Y (Un)—•
Consolidated Engineering Corp_
_l
Consolidated Liquidating Corp
Consolidated Vultee Aircraft (Un)_._1
Continental Motors Corp (Un)_—
1
-' V.'.
common
20 %
210
17
Inc (Uni
Commercial Solvents Corp (Un)
6
18%
310
10
common
Tractor
Colorado Fuel
Sales
Week's
Low
90C
23 %
6%
6'A
a91% a93%
a36% a36%
5%«
5%
205
(Un)
Columbia
10
1
Jan
1,150
(Un)
Co
Co
-2
"
10
Jan
35 %
;
4
Douglas Aircraft Co
Mfg
37%
Jun
9
Chica Oil Corp
1
Brown-McLaren
Feb
Jun
25 %
3%
Clary Multiplier Corp
Exchange
Last
Burroughs Adding Machine com_.
57%
23
360
■I
Chrysler Corp
DETROIT
1
54% Mar
274
8%
Corp
Commonwealth
Baldwin Rubber
Feb
Jan
4
Corp
Chicago Stock Exchange
1
54
150
9
Commonwealth Edison Co
4
Jun
.Tun
26%
a9%
Steel
Caterpillar
Building
Electric
42
138%
1
Co
Byron Jackson Co
Pacific Ry Co
New York Curb Exchange
Exchange
Brewing
12% Aug
24%
13
Appliances Inc..—33%c
Corp (Un)_—
*
Cons Mng Co.._—10c
Home
Diamond
Budd
Telephone: WOodward 2-5525
Altes
—
___20c
Cities Service Co
Allen
—
—
Mammoth
Black
Certain-teed
American Metal Prod
Jan
Jan
Members
Par
8'A
Jan
Jun
Exchange
Bale Price
—
3
.
Aviation
33%
—
Friday
10% July
Railroad Co (Un)_100
Canadian
stocks—
Sep
Jan
23%
5
(Un).
Works
Oil Company
34%
215
a25'4
WATLING, Lerciien fit Co.
Ford
Apr
7
26%
26%
10
(111)
Borg-W'arner Corp
(Un)
Broadway Dept Store
Stock
65
3%
30%
24%
*
Oil Co
Borden
Detroit
202
1,325
47%
a60% a60%
14
(Un).
Corp
Barnhart-Morrow
Bolsa
New York Stock
47%
142% 143%
47%
(Un;__30
Co
Eoeing Airplane Company
'
__
100
(Un)
Preferred
10
•
—
*
(Un)_._*
(Un)—;
Co
Corp
Bros
22%
__
(Un)
Mining
& Ohio
35
•
•
Youngstown Sheet & Tube
all% all%
Light
Petroleum
39%
25%
a40% a40%
8
|
281
Locomotive
39%
a
8
"■
229
a68% a70
10
(Un)___
(Un)
Steel
Van
&
9%
Manufacturing Corp
Basin
j
9%
Jun
Jun
43% Mar
9%
70
a417/s a41%
—15
Standard Oil Co of N J (Un).
9%
High
2%
27 %
Jan
12%
42
8
(Un)
Socony-Vacuum Oil Co (Un)
1
Topeka & Santa Fe (Un)-lOO
(Un)
25
25
a
a
*
Richman Bros
(Un)
Refining Company
30
all%
*
Republic Steel (Un)
424
Corp
Copper
20
-
*
of America (Un)
Corp
a31
__
Sep
Bandini
Radio
a29%
Inc
Viscose
33
^
a30%
& Tel
Jun
Jun
30
—
(Un)
5
26
'
3%
•
&
July
8%
75
50
"100
a29% a297A
8
Pennsylvania RR
42
a6
50
Sargent
10%
32%
Low
3%
(Un)
10
Range Since Janaary 1
High
Co
Mfg
American Tel
alO
8
_
American
Apr
21%
__
(Un)
Co
Jan
35
Low■
200
Armour & Company
♦
Ohio
13
31% July
5
21%
N Y Central RR (Un)
Ohio
9% Mar
381
10%
8
jj
548
40%
——
•
12
33%
32
8
B
1113%
94
33%
33%
_
Cement
a
Par
11%
«
_
37%
% a62 V2
19%
.100
com
class
Portland
a
*
'
Sessions
(A
a 60
——
——
H
?
Jan
37/»
,
1%
1
10% al0%
21
20%
a51
*
Steamship
&
McKee
Medusa
i
Jan
3
•;
2%
.^_u—1
37%
___
..10
(Un)
com
Cooperage
Interlake
{/
37A Jun
4%
Jan
41%
a
(Un).
Lakes
Greif
;
Mar
Jan
50
12%
40%
20
p Gray Drug Stores
j
Jun
High
July
all% all%
...1
Eleet.rie.
B
Feb
3%
f
Sep
8
5%
10
Tube
Shirt
Jun
12
70
—
..15
(Un)
Rubber
General
j
Sep
3%
4
1%
*
'
General
It
7
Jan
1%
200 Mar
■
2%
...
Investment
29%
138
70
*
;
(Un).
i
j
F*b
5%
--
United States Radiator common.....—1
90
50
640
,/
12%
(Un)
:
•j
12%
142% 142 %
1
System (Un)—-
Railroad
Faultless
1
Low
a29% a29%
common —•
Apr
2% Mar
95c
2%
1
__
Corp
United
Range Since Janaary 1L"
High
12%
——
.100
Electric Ulumin
200
3,780
5%
.
Manufacturing
Union
Share*
2
.
...
Bcotten-Dillon
Udyllte
for Week
25
common
.
Co
Manufacturing
Superior Tool & Die
Sales-
of Prices
.100
RR (Un)
'<;
—
k 4
.
Columbia
f
'Uni
Exchange
LOW
5
Eody
Tel
Jan
43 % Mar
Last
preferred
Cleveland
if
&
Ohio
—
River Raisin Paper common
202
22%
&
&
..
*
common
691%
Bale Price
Tel
_
Prod
1
1
common
Metal
25%
Friday
American
;V
_»
Packard Motor Car common
Standard
Chesapeake
.f—
Jan
31%
24%/Jtrttf
common
Mid-West Abrasive
33
(new)
American Coach
3%
Apr
42% Aug
2% May
Feb
Jan
14%
Cleveland Slock
■
1%
63%
Simplicity Pattern
Soss Manufacturing Co
i
1%
2,950
39%
Sheller
/•
1,210
1%
Jun
68
Par
1%
1%
50%
common.
37%
stocks—
1%
1%
1
34%
31%
B
Steel
Mar
25
4
68%
__
36
4
Products
Screw
25%
J)
140
Masco
90
20%
(N
(Ohio)
40%
1%
Sop'
14V2
Brands
Standard
Standard Oil
950
40%
$
40%
15
750
1%
167
.
33%
16%
17%
1%
17
17%
1
common
30%
10%
.15
High
109
30% May
Jan
30y4
14%
Oil
Low
3%
24% Mar
:
10%
Pennsylvania RR
Range Since Janaary
High
3%
(S S)
29%
—
Low
1
Drug
31%
Oil
Pure
26%
Shares
5
LaSalle Wines
Dayton
for Week
—1
Mfg
King-Seeley
Kinsel
Sales
Range
•f Prices
Par
Jan
34%
Sep
37%
/
■
High
263
\
Week'*
LastBale Price
stocks—
'
High
..10
____
:
Shares
39*.
EXCHANGES
ENDED
Friday
for Week
..25
Service.'
WEEK
(1219)
Sales
Range
of Prices
Bale Price
FOR
CHRONICLE
10%
*
5
'
—12.50
——6.66%
10%
100
731
1% May
100
Feb
v
»%
119
'fn
Feb
July
110
-
112
a9%
a9%
5
8%
Jun
9%
Jan
1.80
1,000
1.70
Jun
4%
Jan
11%
—
12
400
9%
Feb
13% July
a9 %
a9 %
35
8%
Feb
11%
1.75
a9%
:
.
;
May
Jan,
40
COMMERCIAL
THE
(1220)
&
FINANCIAL
OTHER STOCK
RANGE FOR WEEK
Friday
Sale Prloe
Monday, September 26, 1949
EXCHANGES
ENDED
SEPTEMBER
23
Sales
Week's
"
Last
STOCKS—
CHRONICLE
Range
Shares
Philadelphia-Baltimore Stock Exchange
for Week
of Prices
Range Since January 1
"
Par
Illinois CentralRR Co (Un)
Low
100
a26% a27%
3c
3c
9 % 10%
—
Imperial Development Co Ltd——25
Independent Exploration Co
33 VaO
Intercoast Petroleum Corp
—10
International Nickel of Can (Un)
•
3c
9%
—15
a57%
International
(Un)
Co
Paper
Laclede
Lt
Gas
Lane-Wells
& Libby
Libby McNeil
Lincoln
170
380
17
165
14'A
Jan
25
350
20%
Jun
26'A
Jan
a9'A
95
6'A
Jun
17%
50
37%
Aug
37% Aug
575
l'A
Jun
1%
95c
1%
1.25
North
American Oil
(Un)___l
(Un)
10
Cons
Northern Pacific Railway Co
Aircraft
Northrop
Oil
Oceanic
Ohio
Ohio
Oil
Company
Jun
Jan
1.90 Jan
17'A
Mar
14%
Jan
48
15%
5%
■>
—
Jun
Jun
11
Sep
8% Aug
85
6%
130
17'A
Jun
20'A Aug
505
10%
9
485
9%
Jun
13 y4
Jun
Jan
755
8V4
Jun
ll'A
206
16'A
Jan
20
July
48
100
45'A
Sep
48
Sep
17%
5%
700
12'A
Jun
17'A
Sep
210
6,
May
ll'A
Jan
I
1
1.40
1.30
1.45
4,950
30y8
30'A
29'A
30y8
700
28
10
(Un)
Co
2%
59
—8
*
d
w
18% Aug
48%
9
5%
5%
Finance
20'A
33%
Pacific
preferred
preferred
57c
25
Gas & Elec common
5%%
6%
Corp of Calif
*
.25
25
25
1.30
Jan
Sep
2.65
preferred
5%
redeemable
July
30%
Sep
32%
Jan
30'A
235
24%
20'A
375
18% Mar
33%
33%
870
Jan
33 7A
a32% a32%
35'A 357/8
a29% a29%
—
preferred
10
30%
Feb
500
"32%
Apr
33'A Aug
35% Sep
Jun
30'A
Sep
79
27'A
Apr
29'A
Sep
28
28
175
26'A
Apr
28%
28
315
27%
Sep
28%
Power
&
Lighting
Pacific
Western
Packard
—
Car
Motor
Co
Pennsylvania
RR
(Un)
Inc
Pictures
Paramount
*
—10
Corp
Corp
Oil
Co
328
50'A
Jun
53%
Apr
960
41
24
325
124
19%
14"A
175
14%
a8'A a8%
a41'A a42%
60
3%
__
50
(Un)
3%
al9% a20%
3%
1
14'A
—
—
51%
7%
1
Incorporated (Un)___
Company (Un)
Radio Corp 01 America (Un)
Radio-Keith-Orpheum Corp (Un)
•
Oil
Fidelity
21%
10
63%
& Deposit Co
Finance Co of Amer class A
General
Motors
Gimbel
100
Corp
*
•
1
—
11%
Jun
14'A
Jan
170
8%
Jun
12%
Jan
184
13%
-
11
1%
Jun
495
2'A
11%
150%
11%
138
9
Jun
16
Feb
Jun
11
Sep
1,005
7%
52'A
816
44%
Jun
4%
3.25
Jan
50%
57%
Jan
6%
7%
316
Jun
7%
Jan
20%
21'A
190
16% Mar
22%
Sep
21
21%
426
16%
21%
Sep
Jan
Lehigh Coal & Navigation
Lehigh Valley RR.„
(Glen
L)_—
Power
195
195
2
Jun
75'A Mar
217
Sep
Jun
&
62%
60'A
62%
1,196
51%
Jun
64
Sep
5
Brothers
Martin
56%
184
63%
61%
195
10
15%
15
15%
175
12 %
Jun
17 %
Jan
Jun
11%
Jan
5»A
Jan
10
*
Light
*
Pennroad Corp
1%
420
6%
3%
4
110
3%
Jun
7%
200
7%
Jun
%
——
7 >A
7%
—
—1
—
%
1,000
9'A
3,093
„
1
.
9%
8%
12
Apr
ft Jun
ft
6%
Jan
9'A
Jan
Sep
Pennsylvania Power & Light
Pennsylvania
RR
J
•
18%
18%
19
1,934
16%
Jun
20
50
14%
14
14%
2,825
14
Jun
17%
Pennsylvania Salt Mfg
10
40%
39%
40%
330
32%
Jun
42% Aug
34%
35'A
440
33
Apr
36'A
common
Pennsylvania Water & Power Co
Philadelphia Electric common
$1 div preference common
*
*
23%
23
23%
4,312
•
25%
24%
25%
21
May
Jan
Apr
20%
Jan
24 '/a May
23
Jun
25%
Feb
Philadelphia Insulated Wire
*
17
17
17
17
Aug
Philco
3
28%
28%
29'A
455
22%
Jun
40%
Jan
•
24%
24
25
446
20
Jan
25
Sep
28%
28%
361
25%
Jun
28%
Feb
167
17%
Jun
23%
Jan
Corp
common
Public Service
El & Gas
div preference
common
•
common
Reading Co
10
17% Mar
Scott
50
Paper
Oil
19'A
19%
19%
•
common
Co
60%
60
60%
177
46%
Jan
62'A
Sep
60%
61%
525
52
Feb
61%
Sep
•
Tonopah Mining
United
Gas
%
;—1
Corp
United
1
Westmoreland
24%
600
4%
13%
Improvement
Coal
% Aug
2
ii
Sep
727
24'A
1,110
18%
Feb
24'A
Sep
30'A
20
4'A
23%
30%
35
27%
Jun
37%
Jan
$100
100%
Jun
105'A
Sep
Apr
61%
Feb
Feb
5
Aug
BONDS
Tel
Baltimore
Transit 5s
&
Tel
2%s
17%
1975
A
105
51%
51%
43
1,000
Apr
118
39% May
53
Jan
33
190
32'A
Feb
36% May
75
25'A
Jun
32
Apr
415
9%
Jun
14
Jan
123
7%
Jun
9
Pillsburgh Slock Exchange
Jan
12
8
105
1961
series
Jan
Jun
Jan
33
__
■
13%
com
Friday
STOCKS—
Pullman
Sep
Jan
Jun
578
9%
9%
High
27%
,
4y4 Jan
Jun
a30'/8 a30%
11'A 11%
7%
7%
—
33'Ac
.—25
Jan
Ar>r
32'A July
3»A Jun
—
•
(Un)
Pepsi-Cola
Company
(Un)
Phelps Dodge Corp (Un)
Pure
—
11
*
Light
American
Pacific
1,957
14
2%
13%
2%
Sep
Sep
a52 a53 %
37% 33%
—
141% 143 %
21%
20% May
27%
—
redeemable preferred class A—25
57o
*
304
Jan
30'A
__
100
Low
27%
9%
*
t c
Corp
Delaware
$1.40
20'A
357/8
25
-—,
1st preferred v
Company
Range Since January 1
High
25%
13'A
13
Curtis Publishing Co
Davison Chemical Corp
Sun
Pacific
142%
„
Baldwin Locomotive Works
Baltimore
Transit Co
common
National
1
Co
Edison
85c
Apr
612
al7% al8%
—
(Un)—100
1
Inc
22
Jan
17%
10Vs
—
-100
Arundel Corporation
Budd
Low
27%
& Tel
Shares
Jan
51%
13%
a8%
a20'A a20%
al8%
10
16'A
4,600
1.45
July
15'A July
__
Company
90c
208
10%
Aviation Inc
Tel
for Week
Feb
•
American
8V2 Mar
Jun
18
(Un)—•
American
6%
45
Jan
3,425
Prod Corp
North
7% Aug
26%
1.20
a38'A a38'A
1.10
American
Chrysler
17
—
Stores
Range
of Prices
Jan
Jun
17
North
Jan
46 %
Jan
507/b
13%
a3'/8
Central RR (Un)—
56 %
Jun
5
17<A
New York
May
39
20
50%
13%
a8'A
National Distillers
43
842
40
1
&
Jan
Aug
200
(Un)—*
.-5
——1
Ward
Montgomery
9
16
7
Co Inc
Nash-Kelvinator Corp
(Un)
National City Lines Inc.,
Utilities
South
Middle
15
462
24%
a8%
1%
1
Sep
Aug
3'A
1,855
Apr
17%
—
-1
8
1.15
24%
a9'A
Magnavox Company (Un)
—
1
McKesson & Robbins Inc (Un)—_—18
Co
11
7
—
*
Mfg Co
Merchants Petroleum
Jun
220
9%
3%
15%
a24% a24%
a7%
a8
—
Menasco
49% Mar
—
—
Biltmore Hotel Co——20
Jan
31
a45% a46'A
42"% 43%
—
1.15
(Unj
Inc
Los Angeles
1.50 Mar
Jun
Par
American
Sales
Week's
Last
Sale Price
May
July
Jun
3%
—1
95c
1,700
20
42 y«
15%
10c
Aircraft Corp
Lockheed
l-oew's
(Un)
Co
Petroleum
9c
Jan
Feb
27% July
9'A
a46%
1
.7
2c
7%
Friday
stocks—
Jan
75
__
4
(Un)
Co
Company
6,000
3,551
1.25
29 %
Feb
75
3%
Corp
22%
a57% a57%
„
Kansas Power & Light Co
40
High
a28% a29%
—
—————1
5
Kennecott Copper Corp (Un),
•
Kern County Land Co
5
Kaiser-Frazer
1.10
__
(Un)—_*
Tel & Tel Corp
International
Low
High
Sales
Week's
Last-
Range
for Week
Sale Price
of Prices
Shares
Par 4
Low
Range Since Jannary 1
Low
High
Republic Petroleum Co
;
Republic Pictures Corp (Unl—_
Republic Steel Corp (Un)
Oil
Reserve
&
5
5
50c
*■__
20%
2%
2%
110
2%
Jan
19%
20%
886
17%
Jun
6%
6%
7
4.148
3'A
Jun
•
1
Co
Gas
I
1
5
1,800
4'A
Jun
Apr
High
6
Allegheny Ludlum Steel
19
19
50
17%
Jun
26%
Blaw-Knox
__
13%
13%
76
11
Jun
14"% Mar
Co
3% May
27%
Jan
Clark
(D
L)
>
Co
*
_
Rexall
Ir.c
Drug
Ranch
2.50
Oil
4%
1
CompaT.y_„
4%
2,476
4% Aug
5% Apr
72'Ac Mar
2,900
48c
Aug
40%
4,085
25
Jan
41%
27'A
27%
604
17'A
Jan
27%
Sep
a28% a28%
10
22%
Jun
30
Sep
Lone Star
Mountain
5
Harbison
Joy
Schenley Industries Inc
Seaboard Finance Co
Seaboard
Sears
Oil Co
Roebuck
(Delt
&
(Un)_
1.75
__
1
(Un)
18%
*
Co
18'A
a52%
•
8'A
200
7
Apr
10% May
11%
ll'A
122
9%
Jun
12%
ll'A
11%
288
8%
Jun
5
__
ll'A
10'A
10%
60
9%
Sep
11
10
' 40%
19%
760
a50% a52%
16%
41 Va
47
47
30
Sep
41
11%
362
8%
Jun
41% Sep
Jun
50%
Refractories
Manufacturing
*
21%
—1
31%
com
ll'A Aug
21 %
21%
140
18%
Jun
Security Company
30
Signal Oil & Gas Co class A
_»
Signal Petroleum Co of Calif
Sinclair Oil Corp
Feb
•
23%
30%
350
20%
Feb
Fuel
30
31 %
Jun
39% Mar
22'A
19
20%
Jun
10
17%
18
15
Jun
24% May
23% Jan
Supply
719
*
12c
2,000
12c
Jun
28c
Jan
23%
2,568
18%
Jun
24%
Sep
National Fireproofing Corp
5
*
*
34%
34%
$3.50
common
preferred
Pittsburgh Plate Glass
Southern
Calif
4.88%
Edison
Ltd
com—25
33%
4,48%
25
25
preferred
pfd
Southern
Pacific
of
(Irffa)
(Un)
(Un)
Stone
Webster
&
Inc
1
Eunray Oil Corp common
4%%
Texas
preferred B
Sulphur Company (Un)
Incorporated common
Textron
Preferred
Tidewater
Oil
Assoc
Co
Union
Oil
Union
Pacific
Co
&
of
Carbon
2
1
«
(Un).*'
Corp
Calif———
Railroad
Co
United Aircraft Corporation
25
(Un)_„_5(B
(Un)
—*0
1
United
Air
United
Corp (Un)
United
Gas
Lines
Warner
Steel
_10
10
Corp
Bros
Pictures
Air
Western
Union Tel Co
Lines
Inc
(F W)
(Un)_
;
(Un)——
(Un)
35%
Apr
Jun
49%
Feb
Apr
21%
Jan
69%
17'A
Jun
a43
270
37'A
Feb
70
578
62%
Jun
al8
10
13%
Feb
18
725
16%
Feb
V
28%
Jun
35% Aug
6% July
Jun
16% Aug
Feb
3'A Aug
July
60
7%
15%
16
289
8%
12 Vt
Jan
4%
4%
100
4%
5%
Sep
Feb
26
27
122
21'A
Jun
34%
Jan
24%
175
20%
Jun
26%
Jan
Exchange
•
Friday
STOCKS—
Range
for Week
of Prices
Shares
Last
Sale Price
Sales
Week's
Range Since Jannary 1
23% Aug
Par
43%
Sep
72%
•
Jan
American
Invest
Sep
American
Tel
1
&
Tel
Low
1
common
(Un)
1,370
9%
Jun
11%
Sep
60
17%
Jun
19%
Jan
Burkhart
a29% a29%
84
28"%
Jan
30
60%
Sep
_100
18'A
142%
142
LOW
High
18%
357
143'A
361
16
High
18% July
Feb
138%
9
150%
Jun
Sep
Jan
Feb
59%
59%
451
49
Feb
a65 a655A
135
58
Feb
Clinton
Mfg
a9%
50
c
al4% al4%
23%
Bottling
64
Mar
Falstaff
Brew
11
Jan
General
Electric
12%
12'A
13'A
__
7%
77A
200
a21% a21%
90
a217A
40
15%
Motors
Jan
General
shoe
Jan
13%
Sep
Grlesedieck-Western
6%
20
Feb
Mar
8'A
24
Sep
May
397
35%
Jun
Jan
International
842
25
Jun
32%
Sep
Johansen Shoe
175
76'A
Jun
86
Jan
Johnson-S & Shinkle
170
al2% al2%
a4
41%
20% July
26%
11
18
17%
60
a4
100
14% July
4'A Sep
Apr
2%
Jun
Jan
12
46'A
Shoe
1
29% Mar
30
16
Jun
23
30%
24%
Jun
30% Aug
Key common
Knapp-Monarch
100
22%
38'A
290
23%
Feb
393A Aug
37
38 %
165
34%
Jun
40%
398
52%
Jun
common
Sep
39%
62%
27'A
10
430
24% July
19% Jan
28'A Aug
2 7'A
27%
125
23
39%
2%
44%
1,273
20 Va
Jun
24 Va May
Meyer Blanke
48'A
2,150
35
Feb
51
Missouri Portland Cement...
North American com (Un)
3,550
9%
Feb
5'A
Feb
12% May
7% Apr
Rice-Stix
13'A May
14% Mar
St Louis
8
a24% a25y4
a4%
a4%
46'A
47%
60
•
.
14
585
.
21'A
Jun
4%
Jun
45% Mar
26'A
July
Laclede
Gas
Steel
common
common
common
_
Jan
Sears Roebuck
7%
Jan
Stix-Baer &
48 Va
Aug
Wagner
Fuller
Electric
common
common
45% Aug
9%
245
5
960
4%
12%
7%
10
9%
8%
14
Jun
Sep
Feb
Sep
Jan
Mar
12%
225
7%
1,210
5
Jan
80
23
July
34
Jan
Jan
7% Aug
10
19%
27%
14
124
14
Sep
18
18
18
100
16
Jan
18% Aug
18
19%
475
15 3A
Jan
20% July
22'A
18
22'A
10
19%
Jun
25%
700
3%
Jun
5%
4%
42
:*■
13%
—-5
35'A
,
5
41%
—
•
15
10
6% July
4% Sep
14
25
_.50c
7
3
2% May
7% May
27%
20
•
common
Jan
9
»
Public Service class A
407/a
300
_
common
155
44%
300
4%
Feb
2% Mar
8
12%
Jan
Jan
3
1
Sep
1%
8
5
—_
64
29% Aug
100
3
Feb
47
Feb
Jan
60%
4
18
12
25%
Jun
26%
0
common
Laclede-Christy
Jun
al7
24%
1
_
•
16% July
a6%
Aug
27
2%
_
35%
23%
180
32% Aug
27'A
62%
26%
•
_
common.
105
ll'A
I
2
common
common
492
a6'A
a25»A
25
21
37
5
18
al67A
—
al67A
—.10
_
common.
a33% a34'A
__
32%
21
24%
37%
1
Huttig S & D common
Hydraulic Pressed Brick
40
21%
1
(Un)
Brewing
31%
21%
__
—
common
30%
21%
9% May
28%
1
•
—
common
a79% a81%
31'A
50
32'A
—
1
(Un)
common
40
a80%
9
Jan
25%
10
8,403
8
common..
Jun
9
—15
common
19%
395
3
_
common
8% May
14% Feb
50
23%
__
_
common
Industries
Coco-Cola
47
1
100
3%
24%
26%
12.50
Sep
81
56%
22%
5
42
Jan
37%
1,254
47'A
■_»
27% May
SI. Louis Slock
35% Aug
32%
27% July
68'A
23%
10
For footnotes see page 46.
330
•
Inc
Co
1,245
29%
10
Westinghouse Elec Corp (Un)
12.50
Willys-Overland Motors Inc (Un)—_1
Woolworth
202
40'A
33% Mar
Laclede
(Un)
Consolidated Oil Co
Western
35'A
33% Mar
•
Corp
a20'A a20%
1
Co
20
Apr
■
10
Rubber
States
Universal
(Un)
Corp
United States
United
Inc
1,147
a9%
*
110
Sep
26%
General
10
125
7%
16
1
common
Brake
Electric
Bank Bldg & Eqpt common
Brown Shoe common.
__
(Un)
3
41
Sep
26%
Glass
Air
11'A
,i a65%
*
Tri-Continental Corp (Un)„
Twentieth Century-Fox Film (Un)
Carbide
30
23 »A
States
22%
50c
Corporation
Union
26'A Mar
United
V/estinghouse
Westinghouse
11
59%
————
Transamerlca
—
„
25
Texas Gulf
701
29%
1
Spring
__
25
3
2% July
2'A Apr
41
*
Steel
21%
ll'A
25
Company (Un)
29'A Aug
31% Sep
al8
„
__1
Company (Un)_,
Swift &
33%
Apr
68'A
70
al8
(Un)
Sep
Jan
28 % Mar
a41'/8
a43
(Un)
Studebaker Corporation
27%
a20 a20%
,
525
Jan
66%
25
Standard Oil Co
29'A
25
17%
700
35'A
a20'A
25
Standard Oil Co (N J)
3,224
31 Va
29%
•
Calif
Jun
38%
40'A
•
Co
14'A
a34% a34%
„
•
Standard
26
„
•
Southern Railway Company (Un)
Standard Brands Inc (Un)_
Oil
33%
29%
25
Company
1,042
30'A
—
25
preferred A„
16%
a28% a28%
__
25
Southern Calif Gas Co 6%
16%
33'A
-
a28%
preferred
preferred A—
4.32%
16%
25
Co
preferred
4.56%
6%
15
3%
3
10
Pittsburgh Screw & Bolt Cor^u
Standard
Socony-Vacuum Oil Co Inc (Un)
Jan
32'A
22'A
33% Aug
12c
22%
—
1
-
23%
31%
10
Co
Gas
Apr
Feb
45
65
19%
Apr
34%
563
Jan
41
47
40%
Walker
1
Pittsburgh Brewing
-
Apr
11% Aug
24% Jan
Sep
40'A
Safeway Stores Inc——.
4%
48c57'Ac
Brewing
Follansbee Steel Corp
Fort Pitt Brewing
38%
—
Richfield Oil Corp common
8'A
•
,
Columbia Gas System
7% Sep
Duquesne
Rice
Jan
Mar
13%
35
35'A
•'
.
205
15
380
34
V.
Jun
Jun
Jan
Aug
13 3A Mar
12% May
33 Vs
42
Feb
;
46
Jan
t
Volume 170
Number 4841
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1221)
OTHER STOCK
RANGE
San Francisco Stock
Friday
STOCKS-—
Last
Par
Air
Reduction Co (Un)
American Airlines Inc common
Amer &
Foreign Power
American
Factors
American
Power
Amer
Radiator
Ltd
&
&
American
Tel
&
l
Co
22
Feb
al3% al3%
85
10%
Jun
53%
al3-,<2
47%
•
a61% a61%
27%
450
29%
'29%
50
1,163
10P
24c
(Un)
Corp
of
7%
al9%
a45% a48%
*
(Un)
Ry
Paul
23%
(Un)
32
31%
32%
643
27%
Jun
34%
26%
28%
1,070
24
Jun
30%
1.30
3,065
90c
Jun
1.80
29%
Motors
Nat'l
Zellerbach
(Un)
Dominguez Oil Fields
Dow
Chemical
Dumbarton
du
Pont
Dorado
Electric
Oil
Bond
(Un)
&
General
Kleiser
90%
100% 100%
4%
Goodyear
Graham-Paige Motors
Great
North
Ry
Hale
16%
Jun
5%
Feb
7%
Jan
785
3%
3%
200
6%
a43%
6%
Mar
3
440
50%
—
52%
5
52%
1,541
a42a43%
11
100% Aug
20% Apr
7% Jan
9%
Feb
6
Jan
38
5
40
245
17%
July
47% Mar
Jun
14%
Jan
12% Mar
17%
Sep
31
585
39
%
332
% July
7%
Jan
1,000
22%Mav
28%
6%
a44%
62
Jan
150
60%
5
34%
Jun
39%
93
41%
Jan
53%
Jun
43% May
63% Sep
902
62%
22
100
14
760
63%
13%
22
13%
__
*
20
a38% a39%
209
al%
•
__
Feb
14%
Jun
Jun
a__
1
66
37%
Jun
a__
44
—
Feb
Apr
11% July
215
12
Jun
15
1% May
Jun
39%
15
15
*
17%
17%
18
1
1.70
1.70
1.75
500
1
4%
4%
300
3%
52%
56
1,905
42%
Jun
66%
Apr
30
Aug
Apr
28%
Jan
27%
Sep
28%
Sep
•
52%
52%
52%
778
50
Jun
♦
54
Jan
104 %
103% 104%
129
___10
55
(Un)
*
100
(Un)
15%
381
ia
al48
3%
545
3%
725
8'A
15%
Jun
20
730
a__
105
Sperry
2.25
25
2.05
July
2.75
Jan
a__
(Un)
Corp
•
Honolulu Plantation
Hudson
Motor
Foods
Idaho
Co
Co
Car
Power
12.50
_6%
Mines
Corp
(Un)__l
Co_
International
Nickel of
Tel
Johns-Manville
&
Canada
Tel
Corp
33%c
com
(Un)
Kaiser-Frazer Corp
Kansas
Power
Kennecott
&
Land
(R
Jun
24%
Feb
Sep
17%
Jan
8% Jan
vi Jun
11%
8%
8%
42 %
345
37
49%
59
59
197
60
6
6
50
52% Feb
3% July
0
5
5
70
12%
12%
•
a33%
13%
1,048
SO
155
25% Feb
11%
__
11%
4
Jun
IIV2
325
10
312
25
131
21%
a33% a33%
10
__
10
10%
a28% a29%
9%
9%
9%
a39% a40%
(Un)
•
a45%
5
„*
100
235
_
14,800
60
1,563
Jun
14%
7 % Mar
28%
369
28
July
34%
Feb
20%
20%
20%
431
17% Jun
26%
Jan
10
39%
1
39%
39%
class
40%
38%
(Un)__•
A
160
26%
25%. 26%
1
35 %
40%
~
Jan
39 %
Sep
156
14
Jun
19%
Jan
1,288
al7% al7%
—-
•
25
Jan
41%
1,010
21%
Feb
27
Sep
Sep
23
Jun
29
16%
Jan
27%
6c
Feb
11c
28
28
35
26%
27
470
P10
23
8c
8c
38,062
a40%
a42
335
34%
Feb
41%
Sep
5%
5%
175
5%
Sep
8%
Jan
—
—
•
a40%
•
changed
name
a36%
a35%
a37
293
31
30%
30%
30%
150
20% Jan
•
18%
Jun
24%
874
*14%
Jun
17%
Jan
5
26'A
25
27%
3,010
21
Jun
28%
Apr
33
33%
2,523
29%
(Un)—•
33%
25
com
a29%
preferred
a29% a29%
25
30%
25
41'A
1
38%
25%
Standard
Indiana
of
Sunset
McKee
Texas
N
J
(Un)
Company
Co
Sep
140
27%
Apr
29 %
Sep
33%
Jun
49%
Jan
July
27%
25%
25%
156
a7%
50
a28c
a28c
10
20%
20%
205
66%
68%
2,497
a28c
25
(Un)
Sep
Jan
31
1,280
—•
Calif—
of
33%
29%
25
a
af>9%
1
—
lUn)
10
(Un)
28
42 %
a43
24
8% May
22%
10
10
35c
Jan
21
Sep
55'A
Jun
70
Sep
Marchant Calculating
Machine
Bancorporation
(Un)
common
39% Aug
61% Jun
72'A
Jan
24
Aug
10
Sep
14
Jan
Jun
60%
Sep
19% Jun
1,375
Feb
48%
312
10
25%
13%
Jan
Aug
42%
10%
Feb
8% Aug
1.70
Jun
23%
13% Aug
Union
United
Aircraft
United
Air
13,518
10 "f
Jan
14%
14%
116
10%
Jan
15%
40
38%
40
562
33*%
Jun
41% Jan
31%
31
31%
1,877
13%
13%
200
11% Mar
21%
21%
21%
160
21
Sugar ——_—,——12%
11
816
13%
5
Oil
23%
12%
•
Aug
32%
Jun
2.25 Aug
35
Sep
7%
Feb
19% July
Co
Carbon
&
of
Calif
Corp
Lines
Universal
11
Apr
Utah-Idaho
40%
Sep
Warner
Jan
Weill
Victor
5
10
33_%
Jun
3%
Sep
al5% al5%
322
15%
Sep
a44% a46%
41%
Jun
55%
Jan
Westates
381
39
Jun
46%
Jan
West
Jun
32'A
Sep
13%
Jan
Jun
24'A Mar
14% Mar
12%
12%
298
10%
Jan
4%
4 %
4%
OO
2%
Jan
4'A
*
23 'A
22%
23%
20%
Jun
24%
35
Feb
51
Consolidated
Sugar
Oil—
common
*
*
-10
(Un)
48
48
43
108
5
2.60
2.50
2.60
200
a7%
a7%
12
850
155
155
87
85c
90c
1,650
5
15%
850
a20% a20%
2.05
70
11%
10
1
Sep
Feb
7%
Sep
9%
Jan
2.70
9%
Sep
Sep
July
Apr
Jan
15% Aug
323
a42% a43%
25 %
1
Equipment Co__——1—U
171
25
common
Corp
Jun
(Un)
(Un)
U
Steel
common
Inc
United Corp of Del
S
(Un)
Sep
12%
2
__—
Carbide
2,680
203
100
8
27% May
9% Mar
7%
8
420
6%
Jun
17%
—
17%
160
14%
Jan
a31%
a32
"110
a9
a9
21
25%
25%
200
36
36
10
—
*
I
9
Bros
&
Co
28
*>%
18
35
Pictures
(R)
(Un)
Indies
(Un)
—
Sugar
32% Mar
Western
8%
Maf
Jan
88c
5%
Western Union Telegraph
,(Un)1?
Westinghouse
(Un)
Jun
18
Jan
Woolworth
(F
Jun
27%
Sep
Apr
Yellow
Co
May
1
37
6%
Cab
Preferred
Elec
W)
Corp
(Un)
common
Sep
1.20 May
7% Jan
22%
5%
200
Jun
Feb
7% Apr
16% Aug
13%-Mar-
Jan
25
6%
30
14%
a 16%
50
25 %
648
21
Jun
26%
47
12%
25
5
Aug
17%
812
-
Feb
85c
12% May
150
25
al6%
1
16
Feb
130
a66% a667/a
*
47
180
44%
Jan
49% Julv
6%
100
20
80
a
10
—
6%
16
6%
Western Pacific Railroad Co pfd——100
18% July
31% May
Jun
;\f
(Un)—1
;
Inc (Un)„..i
1
Stores——-----—50c
Dept
.!
1
common
common..
Western Air Lines
13
5
100
common
Petroleum
Preferred
30
For footnotes see
page 46.
Oil
Corp
Transcontinental & Western Air
8
10%
5
Ass'd
Union
716
29
Macy & Co (R H) common---——a31%
Magnavox Co—
t
1
a9
Feb
Water
Jan
10%
•
(Un)
5
Tide
Transamerica
__
Mai-
16%
60
a58% &60Vb
10
Jan
18
300
21%
Apr
9% Mar
32c
86
a68% a70Va
22%
Mar
29 %
___•
(Un)
Jan
26% Mar
41%
a7%
2
Sep
28
73
343
31
28%
•
Standard Brands Inc
of
Aug
1,212
16%
*
Corn
34
23%
16%
—
Oil
38% Jan
22%
common—,
Oil Co
Feb
16%
Co
Co
Sep
Mar
18
(Un)
Edison Co
Oil
/Apr
to
•
4.56%
Corp
1
15
(Un)
Oil
Pacific
31%
30
Loew's
Jun
Jan
Jan
31%
•
convertible preferred—.
Jun
—
7
4%
Jan
10% Aug
Jun
31%
(Un)
Corp
Calif
26
1
Inc
19% May
Jun
Jan
Apr
32% Apr
r-
5
convertible
115
10
G)
1.65
Jan
21%
35
31%
Spring Valley Co
3%
3%
__
Company
16% July
Feb
7
Jun
9%
10
25
__
Apr
Mar
6% Mar
32% July
a30%a31%
__
•
650 '
a33% a33,%
__
•
Union
10
2.25
*
Libby McNeill & Libby
Inc
9%
2.15
al5%
Corp
1,290
12
—
8.75
Leslie Salt Co
LeTourneau
(Un)—*
1
Light
Copper
County
(Un)_*
12
__
2.20
20
Independent Exploration
International
56
1
Inc—
Maryland
__
Sep
.
19
14%
.
42'A
.—7.50
Pulp Co
Studebaker
—
Jan
__
20
Jan
10% Mar
20
__
•
Sep
Sep
4%
Feb
375
al9%al9%
__
—25
•_
Preferred
4.88%
Sep
A
Jun
8%
18%
al9% a20%
14%
14%
__
50
33%c
103
147
'
8%
al9%
1
19% May
Sep
Jan
18%
•
Co
Co
Soconv-Vacuum
Southern
Feb
1/64
135 %
Sep
Jan
58
Feb
tid
10
104'A
July
7,198
146%
3%
8%
100
(Un)
44
1/64
a
__
•
(Un)
108
150
99 100 %
•
(Un)
55
17%
99 %
•
(Un)
100'A Jun
54
17%
—
Jan
2.25
Co
Oil
Honolulu
Marine
27
26%
819
Mining
Sept
Oil
Standard
10%
Oil
Idaho
162
690
Signal Oil & Gas Co A
Southern
Jan
30
common.
Co
Soundview
Aug
32%
28%
Corp__
Water
Sinclair
Sep
36
28%
Union Oil CoOil
34
Apr
Apr
28
^
—-|k
Effective
Shell
Jan
33
27%
Roebuck & Co_.
Standard
34%
540
*
Shell
Jan
25
Maurico
Shasta
Feb
6
28%
—
America
Feb
8%
28%
common—
com
Jan
25
Safeway Stores Inc
San
2% Mar
50
145
10%
of
Bros
Jan
al%
10%
30
30 %
2.65
30
Sep
—
a39%a39%
10%
351
Sep
A__25
series
com
Cement
Spiegel Inc
25
Feb
56
85
a33%
•
50
aG2% a63%
Apr
July
10
65
a62%
*
4,856
1,557
32%
Manufacturing Co—1
4.48%
1,462
38
a43% a44%
.
35%
(Un)
Oil
Roos
Jan
37%
__
*
33%
35%
32%
25
Airways
Riverside
Jan
5%
33%
35%
32%
100
Co
1,250
25
___!
Companies
Jan
Jun
27
5%
33%
4 %
1.40
30
25
.
Sep
%
__
•
(Un)_*
7
53%
Jun
9%
1,305
38%
Feb
Aug
26%
__
__
Hunt
25
a7
4 %
__
—
Richfield
July
Pineapple Co Ltd
Development Co
Holly
Holly
common
Cement
___,
Corp
Sears
Jun
47%
110
11
15%
„
2%
Inc
Jan
13%
Republic Steel Corp (Un)___
Reynolds Tobacco class B (Un)
48% Mar
1
pfd
13%
Apr
6% July
3% Apr
a7
5
Preferred
Sep
30
Hawaiian
Kern
94
50
27%
Apr
(Un)
Jun
12
Motor Co
Oil
Rheem
Apr
3
Stores
Sep
24%
Corp
Bros
90 %
43%
(Un)
non-cum
Jun
Jun
20
25
Rubber
&
87%
1,454
(Un)
10
60
5
preferred
American
Pure
Sep
a49
10
Co
12%
50
a6%
7%
7%
100
F)
Tire
Greyhound
a6%
10
preferred
(B
Jan
8%
29%
common
665
al3%al3%
■_—1
Puget Sound Pulp & Timber
Ina
(Un)
Jun
44
al6% al6%
*
Corp
Sep
Jan
Tel
&
Sep
Jan
30%
Jan
55%
1,116
„
Ltd
8%
Jun
20
1,448
__
Jun
54
100
27%
Tel
16'A
14
33
Radio
5%
24
200
Jun
Railway Equipment & Realty pfd—100
Rayonier Incorporated com
1
300
16%
12%
Sep
a49
(Un)
Gladding McBean & Co
Goodrich
5"%
16
__
12
Pullman
Apr
Jan
28% Aug
Jan
12%
60
23%
27%
Jun
Jan
37% Jun
13% July
8% Aug
Sep
703
Service
Jan
8
76
439
Jan
May
385
43%
Sep
Mar
30
49 %
19
30%
41%
750
25%
__
(Un)„10
common
Co
35
10 %
44%
70
72%
48
11%
Feb
30'A
34% July
21% Mar
28%
(Un)
State
650
27%
14%
Jun
30%
Pioneer Mill Co Ltd
Sep
Sep
a49
(Un)
Golden
27%
12%
__
Electric Co
Motors
170
11%
•
Co
General Foods Com
General
37%
90 %
5
Machinery & Chemical
Foster
Jun
29%
Emporium papwell Co—
FAR Liquidating
Corp
Food
25%
27%
10
common
Share
293
5%
•
Works
&
Jan
Mar
814
17%
29%
Pepsi Cola Co (Un)
Phelps Dodge Corp (Un)
Fhiliips Petroleum Co
Pig'n Whistle cony prior pfd
Jan
Jun
2"%
—15
Nemours
Co
17
14%
10
30%
Paramount Pictures (Un)
Pennsylvania RR Co (Un)
Apr
12%
*
(Un)
de
Kodak
Co
11%
50
5%
1
common
Bridge
(E I)
Eastman
El
Co
Jun
a63%a63%
__
*
;
9%
5
30%
—
320
2,556
10
_*
Doernbecher Mfg Co__
11%
5%
10%
__
Co of Amer
Jan
92
49
*
Preferred——
Jan
Apr
100
(when distributed)—8
Portland
Pan
Jan
19
22%
59
64
26%
*
Publishing Co (Un)
Curtiss-Wright Corp (Un)
18%
18%
200
a41%a41%
27Vb
a41%
0
—
13% July
16% Aug
15%
9%
al8%al8%
70
Corp common
preferred
div
Jan
Jan
100
Lighting
Paraffine
Sep
37%
_25
Curtis
1st
Rights
Sep
31
Jan
9%
1.50
12%
9
Preferred
Jan
54%
44-v4
a27% a28%
__
1
new
57%
25%
5%
__
5
Corp common
Jun
42% Mar
154
Jun
20
preferred
Public
Jan
220
July
9%
1.40
preferred
red
Pacific
Jan
1.25
150
72%
100
preierred,
Pacific
Jan
8%
32%
54
al6%al6%
1
(Un)
34%
30%
11%
__
1
Sep
Jun
300
al3% al3%
__
10
(Un)_
1.30
10%
9%
10O
(Un)
Electric
1st
Packard
Jun
5
18%
1.30
10%
9
red
Sep
740
15%
5%
•
29%
1.30
___1
"
Pacific
52
al6% al6%
__
(Un)__15
Inc
590
a20% a20%
♦
Bank
Jun
1.40
Co
&
1st
4.50
Jan
54
__
25'
(Del)
Amer
Feb
10
1st preferred
Pacific
Jan
30%
1
*
(Un)__
Continental Oil Co
190
200
50%
__
__*
Aircraft—.
7%
__
(Un)_i_*
(Un)
29%
7%
a25 a26%
52
(Un)
Co
Jun
17%
Jan
29%
13% Sep
20% Aug
11% Sep
9 %
500
10
Fisheries
Can
Gas
5%
Jan
1.00
1.15
10%
14%
-
13%
1.40
5%
Jan
Sep
*
Consohaated Edison Co of N Y
Vultee
36%
Jun
Consolidated Chem Ind A
Consolidated
Feb
10%
common
Gas
30
10%
7%
Edison
Natural
Sep
142
a2ti%
(Un)
Consolidated
1.15
2(i9
200
20
Commonwealth
254
14%
10
common
Amer
6%
Apr
2.50 Jan
10%
3%
Southern
1.15
Jan
1,390
Coast Aggregates
5% %
8% Mar
84%
15%
3,053
(Un)
bJ/8
14%
(Un)_*
Prefeired
&
Jun
Jun
10%
Columbia Broadcast System class
A_2%
Commonwealth
4
5%
Jun
1
5%
240
2,600
1.15
__
25
com
Pac
Sep
4
10%
al3%
Jan
3%
510
5
Jan
34'%
__
(Un)
Solvents
45
50%
25 %
Jun
10
Co
Columbia Gas System
Feb
44% May
21 %
240
131/4
12%
Pacific
Mar
14%
25
Iron
40%
24
Sep
13
11%
(Un)
Feb
57% Mar
12 %
20%
com
July
8
.
23%
*
Pacilic
23c
'
Jun-
19% Mar
Pacific
Jan
July
6% May
Jan
Jan
670
10%
Cons
Ry
2.10
35c
23%
100
com
Co
15c
20%
Oil Co—
Oil
48
Apr
Jan
23
Oliver United Filters class B__
Jan
2.60
25
100
Co
14%
18% Aug
52
23%
Jun
1.95 Mar
7%
__
1%
(Un)
RR
7
Ohio
4
1
Colorado Fuel &
Crucible Steel
5,335
a45%
•
Chemical
Preferred
625
2.15
al8%
__
(Un)
Crocker First
7%
2.10
*
Chrysler Coip
Crown
600
__
2.10
•
common
Ohio
of
28%
2% Aug
33% Jan
20
105
•
(Un)
Invest
Sugar Co Ltd
Ohio Edison
2,200
7
Jun
Jan
_•
preierred
Oceanic
34% Mar
50
America
Chicago Milw St.
Creameries
Jun
2% Aug
23% Jun
36
Mining Co
Eureka
Continental
26V4
1
Tractor
Commercial
346
850
26%
*
Railway
Jan
Jan
2%
al9%
common
10%
355
23%
a44% a45%
Co
Pacific
Service
Aug
28
__
Co
Pacific
18c
7
•
American
Oahu
Jun
237%
2%
__
Cities
8
30
16c
a51% a52%
18c
1.35
22c
—
American
Northern
23,600
17%
37'A Aug
24
-
13%
1
Oil
100
33c
Jun
(Un)
Products
(Un)
American
1.50
8
Mining Co
Aviation
North
Feb
22
23%
1
North
Jan
15
1.50
a51%
10
(Un)
American
5 % %
33% May
—
•
Fibres
RR
'
(Un)_lO
capital—
Central
Y
11%
110
31c
1
I
Corp
620
__
P10
(Un)
Range Since January 1
Low
High
High
135/,,
a37% a38%
a22% a22%
18
______
Co
North
Mar
7%
(Un)
Shares
131/3
1
Cement pfd
Co
Park
Mar
32c
(Un)
I or Week
of Prices
Low
10
North
Sep
Jun
30
Cons
Distillers
New
Jan
22%
Jun
252
5
Packing Corp
Canada Dry Ginger Ale
5
102
6
a8%
a4o*,a
(Un)
California
Clorox
22c*
100
io
California Art Tile B
Preferred
14,244
__
1
(Un;
Chesapeake &
25c
5%
M
Auto
Jan
Jun
250
2%
*
Calamba Sugar
Ceianese
4%
a8%
__
Central
725
23c
—
PI
^5
5
&
Natomas
31% Mar
Aug -
5%
250
5
(Un)
4%
__
2
Cement
34%
207/s Mar
5
M
N
Jun
87
&
National
Sep
155
J
Nash-Kelvinator
Pep
28% July
Inc
Sales
Range
•
Inc
Ward &
Morrison-Knudsen Co
Jan
62%
37%
25%
Robbins
(Un)
Mfg
National
149%
Co
Montgomery
Feb
Jun
278
—2%
Jan
May
22%
22%
Holdings Corp (Un)
Berg-Warner Corp
Byron Jackson Co
51
610
94%
Bishop Oil Co
Caterpillar
10
24%
26%
94%
Benguet Cons Mining
Bethlehem Steel
(Uni
Canadian
Jun
24%
100
Caiaveras
138%
—
100
Co
Apr
974
22%
(Un)
Borden
45y8
al41%al43%
__
A
Boeing Airplane Co
294
—
Bank
Blair
47%
100
Baltimore & Ohio RR
N
47%
24%
3
Corp
M
12% Aug
14% Jan
15
&
Frank Co
Monolith Portland
Jun
7%
Mfg Corp—
California
Sep
200
5
Atok
2%
400
*
(Un)
Avco
Aviation
Jun
177/s
*
Week's
Last
Co
Mindanao Mother Lode Mines
23% May
10% July
Jan
1%
12%
100 al42%
iUn)____14
—
Imp Diesel Engine
Big Wedge Mining Co
of
7
—
Meier &
Menasco
12
20
Bendix
50
100
Navigation
McKesson
High
Feb
16%
Anglo Calif Natl Bank
Atlas
9(4
2%
20%
16%
50
Top & Santa Fe
Atlas Corp (Un)
Low
90
12%
American Woolen Co (Un)
Anaconda Copper Mining
(Un)
Atchison
Range Since January 1
High
9%
(Un)
American Viscose
Corp com
Matson
*
(Un)
Friday
Par
Shares
2%
__
23
Sale Price
20
(Un)
San
Refining (Un)
Tel
9(4
*
(Un)
cap
Light
Stan
American Smelting &
(Un)
(Un)
SEPTEMBER
STOCKS—
for Week
a217/8 a22%
__
EXCHANGES
ENDED
Sales
Range
of Prices
Low
—♦
WEEK
Exchange
Week's
Sale Price
FOR
*
6 %
20
'
a
—
13 % May
5
a„
16% Mar
July
7%
18% July
20%
Jan
Apr
Jan
41
42
(1222)
THE
COMMERCIAL
CANADIAN
RANGE
Montreal Stock
STOCKS—
Laa$
Abltlbl
Power
St
Si.SO preferred
Acadia-Atlantic Sugar 5%
Anglo Can Tel
4%%
Bathurst
Bell
Ltd
it
Paper
Hgnt
Bank
American
class
Class
26
Ltd
25'/a
25%
2%
2%
3
•
27
27
28%
2
2
3%
15%
200
A
•
5%
6
32%
13%
3%
14
Jun
13%
28%
780
10
150
13%
15%
3,297
35%
1,115
21,352
33
23%
6
Sep
Jan
16% May
15
25
13
Jun
17
21%
20%
23
5,240
19
Jun
23%
Sep
36%
36%
36%
75
39
Jan
15
24%
24%
24%
133
134
34% July
24% Sep
5
133
25
•
30
•
9%
9%
31
130
655
9%
14%
24
618
8%
27%
134
July
Jan
Jan
Feb
Sep
31
Jun
11%
Jan
9
9
125
8
May
11%
30
2,925
24
Jun
36%
Jan
13%
Companies
13%
13%
225
12
July
15
Feb
15%
17%
61,407
Jun
17%
Sep
12%
12%
610
11
May
14%
Jan
99% 104%
4,179
81
Jun
Jun
23
104%
Dominion
Stores
18%
19
1,585
14%
38%
40
2,580
31%
Jan
40
&
&
18%
565
16
Jun
21
7%
75
7
Jun
25
25
75
22%
Jun
27
a42% a42%
10
35%
Feb
41%
31
Feb
35
r-
—
16%
16
a
prelerred
1
,•
aieei
wares
Goodyear Tire 4%
,100
common.
pfd Inc
Bridge
Smith
I*
common
50
Hudson Bay Mining
Imperial Oil Ltd
4%
preferred
5%
preferred
Wabasso Cotton
100
_•
Walker
Gooderham
Weston
(George),
St
Worts
5%
preferred
McColl-Frontenac
Breweries
Mill*
a34
Heat
16%
2,079
5% preferred
Page-Hersey Tubes
aee
101
Jan
101
—
101
^
Jan
27
•i
May
101
Jan
14%
15
580
14
-sMay
167/a
30%
1.945
24
Jun
30%
Sep
23%
23%
25
21
Apr
25
Apr
18
18 %
50
17% July
19
32%
33%
1,333
k
Jan
29%
—
—
S -i.
32%
27
Feu <
Jun
Jan
'
37
Apr
100
Feb
-to
26%
25
JUU
26%
Jan
,1
.10
36%
34
Mar
36%
Sep
j
-10
26
24% Jun
26%
Apr
8cotla
V
I
26.%
36%
525
26
26%
2,667
Canadian
Friday
STOCKS—
Funds
1,640
Last
Aug
26% Mar
Acme
Jan
26% Mar
Anglo-Nfld
21%
275
19%
Apr
22
Aug
Atlas
11%
15,880
10%
Sep
12
Jan
Jan
Glove
Works
1*
Ltd
Development Co Ltd
Steels
Ltd
170
Aug
14%
110
13%
Jun
17
Jan
115
11%
Feb
14%
Sep
Brewers & Distillers of Vancouver Ltd_5
Brit Colum Pulp & Paper Co Ltd com.*
Brown Company common
.1
Preferred
100
24
Jan
30
Sep
5,860
19
Apr
28%
95
16
July
17%
Jan
Canada
&
60
100%
Jun
Malting
A
class
7
8%
15
7%
...*
Range Since January 1
Low
High
High
1,000
7
Aug
15%
317
14
Aug
18
9V2
7,695
7%
Sep
12%
Jan
5%
645
3%
Jun
6%
Jan
1.15
Jan
Mar
15
Jan
.
40c
2.000
14%
15
2,055
13
Jun
15
85%
85%
30
77
Jun
106
Feb
3 %
3%
16.710
2
May
4
Jan
80
82%
740
71
Jun
103
Jan
35c
14%
3%
35c
Sep
Jan
Jan
17%
Ltd
8
7%
14%
Millen
Shares
5%
.•
Brand
&
for Week
Low
5
—
Sales
Range
of Prices
Bathurst Pr & Paper Co Ltd class B__*
50
Par
js
Week's
,
Sale Price
21%
165
-
26
36%
•
Montreal Curb Market
25%
104%
103 104%
16%
•—
17
13%
52
15%
15%
Jan
.........
Butterfly Hosiery Co Ltd
Dominion
Feb
Canada
17%
Sep
Canada Packers Ltd class A__
50% May
14% May
390
52%
Jan
Canadian
Dredge & Dock Co Ltd
Jan
Canadian
Fairbanks-Morse Co Ltd
106
17
Canadian Gen
Ltd
Co
10%
21
21
9
10%
75
21%
1,755
18%
Jun
Feb
Jun
12% Mar
47
55
42%
32
32
25
31% July
32%
Feb
_«
20
20%
300
20
Aug
28%
Jan
*
Electric Co Ltd
47
.*
a34
a34
15
30
Mar
33
Apr
a228
a228
2
230
Jun
230
50
9%
240
8
Jun
31%
775
10% May
Canadian
30
27
Mar
31%
Sep
Canadian Industries common..
,*
42
Aug
46%
Jan
Canadian Ingersol
,:*
•
a43
a43
10
45%
48
3,660
38%
Jun
56%
Jan
16%
Feb
19%
Gen
Jan
23
.*
9%
31%
'
82
1
j*
Sugar
Jun
13
30
15
Jun
'
255
52
15
Investments
Ltd
•
16%-
.
50
Jan
Jun
16%
16%
121
15% Mar
17%
Jan
20%
21
591
19% Mar
22
Jan
a60
a60
5
64
July
81
Jan
4
4
150
3
Jan
4
May
23
Sep
Jan
j.
—
Rand Co Ltd
'
Canadian Int'l Inv Trust Ltd
Jan
Canadian
5%
25%
*
com
Light & Power Company.100
23
23
25
1.55
1.55
250
Paper Inv Ltd com.*
&
1.00
1.00
1.00
15
*
9%
9%
Company
preferred
1
9%
1.15
Jan
Jan
290
9
76
79
175
62
3 %
3%
6.275
3
55
98
98
98
350
97
Jan
98
27%
27%
Sep
40
25
May
30
Jan
6
6%
Canadian Westinghouse Company Ltd.*
Cassldy's Limited common.;
I
150
Jan
16
Catelli
16
16%
95
15% July
22
31%
33%
5,991
29
Jun
36
Jan
59%
64%
13,298
44
Jun
64%
Sep
Jun
11
Jan
Jun
84
Mar
Aug
,
4
Apr
Jan
33
62%
Jan
2.00
2.00
•
Co
33%
Jun
1.25 Mar
£
...
Ltd common
27%
4%
Jun
8%
Food
Products
8%
49
8
/
'8%
531
7
Jun
43
Aug
12%
Jan
131
2C5
19%
70
19
Jun
23
Jan
•
19%
59%, Jan
13% May
11% Mar
17%
Sep
13
Apr
Ltd
8%
Alcohols
preferred
Consolidated
10%
—
•7
17
•
13
55
Sep
July
12
Feb
Feb
35
Sep
25c
Sep
3%
3%
3%
3,140
2
Sep
4%
4%
2.000
4% Aug
fi 7% Jun
25c
25c
10%
10%
125
A__*
a30c
a30c
14
al5
a!5
4
25
24%
25
17%
17%
.
40
22%
Jun
29
75
16%
Feb
19%
Jan
Dominion
Oilcloth & Linoleum
10%
10%
55
Feb
Dominion
10
Square
25
10% Aug
10
Aug
15
10
15
Mar
6
Sep
Jan
7% Jan
12
Aug
50c
Aug
16
Jan
Aug
15
May
65
24 t.
July
30
Feb
18%
28.574
13%
Jun
18%
Sep
Jan
19
Feb
-
■
18
18
205
18
Co Ltd.*
39%
39
40
177
36'/a July
65
65
40
15%
15%
16
318
5
5
50
1.20
1.25
Jan
18%
1.00
30c
18
Donnacona
7
8%
100
7
7%
135
17
17
19%
'
9%
Jan
Fairchild
.
Products
Aircraft
Ltd
*
Ltd
5
6
July
14% July
3,780
7%
Jan
Fanny Farmer Candy Shops Inc
19%
Jan
Federal Grain
15%
50
19%
Jun
Corp
Paper Co Ltd
Steel
22%
Jan
Fleet
Jun
595
53
Jun
5
74
Jun
20%
Jan
7%
Jan
1.55
Aug
60c
Apr
31
July
;
37
36%
37
75
*
Manufacturing Ltd—
40% Sep
Aug
13%
...I
class A
Co
9
8
9%
750
1.55
1.65
1,100
1.25
Jun
20%
Feb
9%
Jun
•
13
13%
101/2 May
15
40
Jan.
Ford Motor Co of Canada class A
»
40%
135
33
Feb
41
18%
IIII*
III*
II100
May
10
*
•
25
18%
8%
19%
130
47
30 .i
4%
Consolidated Lithograph Mfg Co Ltd—*
Consolidated Paper Corp 010
■*
Consol Textile Mills Ltd 5% pfd.
20
Eastern
1%
10
»
.
25
18%
526
•
of Can Ltd....*
Standard Sec cl
......
25
11
35
5
common
—
Bakeries
Consolidated Div
Preferred
Ltd
....
55
11
35
35
common..*
Claude Neon Gen Adver Ltd cl B new.*
Commercial
19%
Sep
825
17
Aug
23%
Jan
Great Lakes Paper Co Ltd com—
Halifax Insurance Co
10
Jun
40
,
37
5% May
914
:
Sep
Sep
Sep
214 Jan
26
Jan
Jan
31%
2,545
31%
45
•
0
27
....
Hotel de LaSalle
40
38%
40
1,060
42%
41
42%
120
5
11
34% Mar
39%
Sep
Hubbard
40
43
Aug
International
Jan
11
11
75
10% May
HI/4
Jan
20%
19
20%
3,105
16%
Jun
23%
Jan
59%
58%
60%
6,575
49
May
60%
Sep
Felt
Inc
Co
preferred A
6%
convertible
MacLaren
Ltd
pfd
Ltd
791
13%
2.565
9%
234
15 %
8% May
16
,
Jan
10% Jan
15%
15%
Sep
*
15
15
53
15
Sep
18
Feb
22
22
270
22
Sep
25
Jan
250
:
.
Sep
9
9
70
8
Apr
a50
a50
10
49
Aug
51%
Jan
14%
14%
275
13%
Jun
16%
Jan
common—*
preferred
50
•
14%
*
33%
&
24%
20
(Walter M)
Power
23
9%
15%
9%
♦
Ltd
Paints 5%
Investment Foundation
Lowney Co
'
12%
23
*
9
Sep
685
Feb
33 34
34%
1,060
32
20
Aug
39%
Jan
24
24%
25
Sep
225
18
Jan
25
26%
Sep
*
9%
10
425
May
11
Jan
605
Maple Leaf Milling Co Ltd
8
27
20%
Jan
102
102
102
Sep
18 34
50
46%
24
50
25
66
Maritime Teleg and Tel Co Ltd com
10
Massey-Harris Co Ltd 6%% conv pfd_20
18%
10
50
225
8
8
100
22
«
•
•
22
144
16%
24
v\!--
27
'
60
.11100
-»t>
7
—
5% Jun
Montreal
Royal
21
2,075
"•
24
Nova
75
49
1
15
-
——
\
24%
12%
~~
Jan
535
6%
'
Sep
17%
common
preferred
Placer Development ;
Powell River
Co
7%
6%
•
;
Jan
48
•
u
Jan
6%
5%
Sep
29%
12%
IIlOO
;
Jan
7
a27 a27.%
158
Sep
17%
16%
•
Feb
170
Jun
105
29%
13% Jun
21% Mar
17
"
16%
Jun
15
a7%
24%
155
12%
com
13% Aug
165
a7
Feb
900
•
Power
100
165
Feb
Feb
*
Mmmnn
61
13%
165
28%
29%
25
Products
13%
J
22%
8% Mar
~.3
•
Feb
50
23
..._•
—III—I*
85%
Jun
•
864
Vickers
Ltd
80
29%
Western Lumber
ro
135
85
24%
Canadian
pfd—"II
%
84%
——
29%
Canadian
...
Sep
24%
Sep
common
Sep
Sep
86%
29%
17%
24
«
preferred
9%
89
78% Mar
24%
Jun
National Drug & Chemical
Jun
Feb
5
370
-10
25%
;_I
-V
>'
82%
5
86 %
-10
86
Tramways.....
8,725
a88
85
Imperial
Feb
Molson Breweries Ltd
Montreal Locomotive
9%
8%
a88
-
—
Banks-
Jan
~
•i
Commerce
19%
QU
185/b Mar
Sep
83%
*
Jun
i
Sep
20
...
17
28
1,260
1
370
Jun
a84
common
18
24%
25%
*
Corp Ltd
Massey-Harrls
I:
18
18
V
'■
75
55
*
Mailman
Sep
28
25
Class B
2014
25 %
a84
II—*
Feb
28
.
__
1,410
1..100
I
17
25
preferred
Marconi
common..
50
46%
Pwr
MacMillan Export class A—
20
Feb
Canadian
"♦
20
-
—
39
Canadian
Ltd....
Apr
97%
Apr
•
97%
165
Jun
A»_„
Jan
Jun
July
290
7%
(John
24
94%
46%
14%
mm*.
Lang & Sons Ltd
22
10
98%
14'/a
common
Jan
50
44
25%
(John)
30
Sep
101
37
Apr
Jan
102%
50
Jan
Sep
■
\
.
98
Jan
com
■[t
Jan
46%
common
Jan
Ltd
,;
Sep
20%
22
100
Limited
6%
Corp
24%
<•
-*
Zellers
13% Mar
Utilities
Woods
*
common
24%
!_•
1,400
Jun
Sep
18%
Feb
t
19%
'■■■j
Winnipeg Electric
100
25
24 %
16
19%
a96% a96%
•
255
__100
25
24%
—
w—
30%
•
common
25%
common—
*
Wilsils Ltd
>7%
Jamaica Public Service
footnore$
*
z*
:
7%
International Paper common________
15
International Petroleum Co Ltd
•
International Power
«
Ltd
Corp
common
25%
•
515
20
*
;. ?■
Steel
Biscuit
25%
„
18%
.
'■
15% Mar
a7%
4,085
£i
18
•
"l00
preferred-
4.636
preferred
International Nickel of Canada
Steel
7%
Twin City Rapid Transit
14
Bronze
Llcht
Ltd
Tuckett Tobacco
-
18%
6%
Flour
-25
13%
„
Mines
Stores
18%
85
preferred
17%
Intercolonial Coal common.—.
Ptpfi
7%
1,041
9%
*100
common
18%
_
Lindsay (C W)
oommoa
Canada
13%
preferred
the
Chemical
of
•
....
Acceptance Corp common
Ltd
Power
preferred
Co
•
—
*
Canada common.5
of
cumulative preferred-...__.__100
International
5%
15
19%
*
'
-
Canada
Htanaaro
138
19
22
.100
Southam Press Co
Steel
138
„
preferred
Southern
138
19%
.
—
ii
50
19% Aug
46%
Sc Smelting
preferred
International
Class B
4%%
22
20
...
Simpsons class A—__
'
a
common
25
Imperial Tobacco
6%
& Sons
29%
>
...
Paper
(H)
14%
_*
preferred
Simon
*
certificates
29%
50
Gypsum Lime & Alabastlne.—
Apr
trust
—.
•
1927
145
•
.
~
14
——•
;-s
Aug
Too
...
14%
"•
common
135
preferred
24%
10%
—
—
•
common...
Powo
preferred
Jan
14%
■
20
Famous Players Canada
Corp
Foundation Co of Canada
Jan
25
169% 169%
11
100
class
48%
July
21
•
—
•
preferred
Jun
15
47%
'•■
•
24%
——
23%
common..
45%
5
•
29%
*
♦
Textile
260
al9
-50
com..
24%
_«
common
Redeemable preferred
Bros
a34
—
25
Ltd
47%
19
Aug
•
B
47%
22
>
Sep
10
—
.
•
class
Sep
Feb
7%
Steel;
Coal
25%
common.
Sep
18
C
Co
Jan
187/a
♦
common—
Dominion Tar & Chemical
Eddy Paper Co
Electrolux Corp
122%
38%
25
20
Steel
11%
•
preferred
common
Dominion
Dominion
16
•
3
•
6%
Jun
5
.
Jan
27%
•
1
Sep
22%
Sep
28
Jan
3,454
5%
Aug
Jan
14%
25
Jan
•
20
23%
22 Yn
Jun
24 %
United
Jun
/ May
9
24%
Viau
July
17
1,195
Jan
Sep
9%
205
14
*
Jan
Feb
19
22
48
Sep
360
21
13%
86
15%
1,370
V
Apr
24
37%
12%
.
Jan
10
,
Jun
Apr
22%
'
Sep
103%
May
Sep
Jun
12
7.85
Feb
Jan
4
Aug
Jun
21%
5.90
100%
36%
Feb
12%
'
1,200
21
Jan
22%
8
70%
11
•
7%
745
30
•
common
16
Feb
Jan
3,082
26%
Sep
12,370
Apr
17%
Jan
80
Jun
23%
7.85
102% 102-%
16
48
Jun
Jun
166
78
27
18%
17
46%
Mills
-
21%
8%
16
-
11%
10% Mar
78
Flour
Lawrence
Thrift
12
34
1,075
Jan
33
May
12% Aug
275
25%
22%
17
4% Aug
27
28%
14
preferred
For
Jun
Sep
Sep
9
Glass
6%
28%
2
312
Feb
10
Investment.
Dairies
Penmans
24%
Jan
270
47
Lawrence
Voting
Jan
3
11%
7.20
102%
preferred
7%
Jun
87
2% Aug
1,080
32
11%
8 s
Sicks Breweries common
Jan
101 %
25
<7.70
Series A 4%
preferred
Sherwin Williams of Canada
.
25%
common
Dominion
..
10
5%
23%
Foundries
Ogilvle
100
32 %
Corp
common..
Dominion
Ottawa
Apr
2,203
15%
Jun
97%
1,535
A
34%
Dominion
Ontario
87
2,975
100
25%
Apr
96
Paper lat preferred— -99
preferred
—1
Shawlnigan Water St Power com..
Sep
25
Coal
National
24%
5
•
Bridge
Noranda
30
a88% a88%
common
Celanese
Dominion
7%
25%
25%
98
96
-
'
2nd
Apr
Feb
Jan
Jun
100
pfd
Sep
14 %
Jan
-
22
1,765
100
28%
Bronze
Dominion
National
25%
21%
12
Apr
$5
96
14
Aug
17% May
16%
60
*
22
Bt
Sep
10%
Jun
Jun
1
St
Jan
43 y«
Mar
25
pfd.100
cum
Distillers Seagrams
Montreal
23
Jan
8
75
Canadian Pacific Railway
Lewis
Jun
38%
200
35,568
5
Cockshutt Plow
of
17%
2,854
10%
21
Consolidated Mining it Smelting
Lake
1,490
43
10%
12%
45%
.49
2nd
Jan
21
100
Power
Oil
Labatt
26%
525
6,552
;16
—
„
42%
common
Canadian
5%
76
Jun
13%
Locomotive
414%
Sep
21
18
B
Indust
61
915
13
Canadian Ind Aicohoi class A
$2
30
24
*
Canadian
Howard
Mar
68
23
Jan
High
15
57%
•
Corp common
1st preferred
Sep
18%
Dredging
Foreign
Hamilton
7
13%
•
Canadian Cottons 0% preferred;
25
Canadian Fairbanks 6%■ preferred—100
Genera,
Jun
•
$1.75 Series
5%
5%
68
Breweries
Canadian
Gatineau
1,460
♦
Canadtan Car St Foundry
Class A
Fraser
7
61%
Low
14%
•
Ltd
Range Since January 1
High
54%
St Lawrence
Jan
Co
Transport
Oil
Shares
56
__100
Saguenay Power 4%%
Sep
47
•
Canadian
7%
26%
Sep
42 74
Product*
T
Jan
42%
6%
25
class
Canada bteamship
5H preferred
V
25%
70
——30
—„
$1.30 preferred
Canada Northern
7%
655
43'/a
20%
—
Canada Cement
Class
1,280
26 »4
20%
B
Canadian
52'/2
26
Jun
for Week
14%
*
common
preferred
Royallte
Jan
Jan
56
May
43%
•
Canadian
102%
30 <
41
B
Building
99'/a July
25
Power
<st
Note
preferred
Bulolo Gold
Jan
1,405
Oil common
—
Mills
201/4
44
•
British Columbia Forest Products
British Columbia Power Corp cl
Bruck
Jun
16
100
A
Ltd
Sep
42
23%
Co
Quebec Power
17%
100
10'/a
Brit Columbia Elec Co 4%
Class
5,406
it
Provincial
High
9% May
51 %
„•
_
irar
British Amer
4% %
19'/a
100
Telephone
Preferred
19
:
44
Bralorne Mines Limited
British
15,020
„•
common
Power
Brazilian
17 %
Low
25
50
pfd
pfd
Co 4'/a#
preferred—
Corp
Asbestos
15%
4%
Banre Since January 1
52'/a
;
Aluminum Co of Canada 4%
Corp
Shares
*
Aluminium Ltd
Argua
»f Prices
Bros
8ales
Range
ef Prices
Low
Corp of Canada.
Price
•
Aigoma dieti
Week's
Last
Sale Price
High
.100
pfd
Friday
STOCKS—
for Week
19»4
-30
23
Par
16'4
—
Monday, September 26, 1949
MARKETS
SEPTEMBER
Power
Low
Paper common-
ENDED
Sales
Range
Bala Prion
Par
LISTED
WEEK
CHRONICLE
7
Week's
i
FINANCIAL
Exchange
Canadian FinIs
Friday
FOR
&
Maxwell
Ltd
Paper Co—
*
...
McColl-Frontenac
60
325
56
Aug
63
Jan
144
Oil 4% pfd—
Melchers Distilleries Limited com
10
142
Aug
147
Apr
Mica
of
Canada
15%
16%
550
13%
Jun
19%
Jan
39%
Minnesota
41
1,930
34%
Jun
42%
Jan
Moore
&
Ontario
Corporation
100
*
a
95
a95
40
Paper Co
Ltd
5
a5
1
10
Ltd
1.00
1.00
300
5
15%
17
3.676
*
72
73%
775
a
17%
Feb
18%
23% Aug
27%
6
Jan
92
Aug
5
,
50c
12%
65
Jan
8
97%
5
Sep
Jan
May
Feb
Jan
Feb
1.10
Jan
Jun
22%
Jan
73%
Sep
Mar
Volume
170
Number 4841
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
STOCKS'
Week's
Last
Mount Royal
Rice Mills Ltd
Newfoundland
Range
Nova Scotia Light & Pow Co
Ltd com.'
Corp of Canada 6% la pfd__100
■^6% N C Part 2nd preferred
Quebec Pulp & Paper 7%
Russell Industries Ltd
red
Canada Pr 6%
Southmont Invest Co Ltd
21
52
100
pfdl
Gas
United
of
Corporations class
United
Fuel
United
Securities
Westeel
Inv
52
15%
15%
preferred
A
Windsor
Hotel
;
Mining
Anacon
Canadian
Mines
Mines
125
9
19
July
a54
10
,49
July
Consolidated
Jan
Aiuminlum
205
10
Sep
21
Feb
Aluminum
450
35%
Feb
41
Sep
11
Jun
12%
Jan
American
13
50
16
Jan
Anacon
2%c
Mines
Mines
3c
Co.
65c
Sep
36 %c
Feb
37c
34c 38 %c
27,000
65c
Jan
6c
8,500
4c
July
4%c
3,500
3c
Jan
4c
II0
Min
25o
24c
13c
Sep
13c
16c
2%c
1.10
500
6c
8c
59.500
5%C
7c
16,000
2.40
2.40
300
l
5,000
...
500
12c 12 %c
90c
90c
5c
6c
30c
Jun
10c
37 %c
16c
Sep
95c
7%c
30c
class
22
1,850
15%
60c
8,000
39c
May
62c
July
He 11 %c
8,500
6c
Jun
16%c
1.85 May
3.05
1.65
3.45
Jan
3.00
3.40
43,200
52c
Mines
52c
1,000
35c
May
52c
64c
(1945)
Gold
78c
35,500
42c
Jun
78c
Yellowknife
14c
Mines
Gold
Gold
1
Mines
Ltd
Ltd
Mines
Gold
10c
9c
31,000
4c
July
10c
14c
7.50
700
10c
5,000
5c
Jun
11c
5,000
3c
Jun
9%c
14 %c
16c
4,500
8c
Aug
16c
10%
11%
12%
16c
5,800
9%c
Feb
23c
42c
43c
7,500
42c
Sep
43c
1 %c
l%c
500
l%c
Jun
3c
3%c
3,000
2%c
Jun
57c
12,600
l
.
Ltd
Mines
Gold
,
3c
1
50c
1.
Ltd—^
Mining Co
50c
17%
17%
19%'
1.65
1.67
Ltd._l
Lake Lingmair Gold Mining Co Ltd—.*
Lake Rowan (1945) Mines Ltd...
_1
Lake Shore Mines Ltd..
l
26c
Feb
Lamaque Gold Mines Ltd!
Gold
Mines
a——*'
Ltd.—
9%c
14%
7.20
7.20
Macdonald Mines
l
a
17c
Ltd
17c
i
Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd.
59c
—5
108,500
8c
Sep
11
645
11%
11
66
2.00 May
19c
..
7,700
1,100
2.12
51
8.50
16%
Goldvue
Mines
Mines
Gold
91c
45c.
2.90
,
May
w
Jan
70c
3.15
Sep
Jan
66
Jun
12%
Gold
Mining
Co
Labrador
24c
28c
2,500
18c
Jun
31c
Quebec
Yellowknife
64c
500
51c
Jun
75c
Mines
Ltd
Gold
Stadacona
Mines
Sullivan
Cons
Torbrit
Mines
Mines
Gold
Apr
1.17
&
class B
Brand
Gaspe
Home
New
Pacalta
Omnitrans
Pacific
class
For
8.25
9.00
600
35c
35c
500
8
8%
400
28c
36c
56.900
8c
22,200
115,450
L
Gold
Oils
Petroleums
footnotes
British
;
♦
Millen
class
•
Distillers
3%C
22C
-.m.
9%
I—
1
Oil
4c
4c
•
25%
-25%
25%
25'A
25%
pfd—_ 100
4%%
99%
99%
Products.
16c
Jan
25c
1
May
22c
Power
class
♦
L_•
A
•;
i
6%
27
—
5%c Jan
Sep
45c.
8%
Jan
1.25
Feb
9%
21%
100
120
Sep
'
13% July
•,:?>
3c
22
100
165
97
3
2,725
11%
11%
300
>
1
(
Feb
7%c Mar
25% Sep
Mar
25%
;
Jan
May
2'A
10
125
;
Sep
Sep
Apr
1,
15%
Jun
24
8%
Apr
10% Aug
Son
17% .Jab.
4
20
:
Sep :
Jun
30c
1,000
»v.v..
Apr
2c
A.25 Mar
2,125
:•
Sep
4c
25c
2%
•
11%
^
5%c
Sep
Sep
36c
45c
510
25%
25
common
Forest
14%
Sep
Apr
8%
May
■
75
14%
Sep
9.00
2%c July
fie- M«v
24,441
105
Feb
55c
May
11c
250
21
100
■
9%
6
14% May
43%
3%c May
6,800.
17%
——
18%
—
40C
Feb
10 %c M
3,732
8,890
Jan
Jan
18c
8,000
27c
10%
30c
■
■
5c
25c
65c
Mar
5
38,607
10 %
?
Feb
5.00
Sep
1.06 May
July
32c
40,800
2%c
10'Ac
12
38%
2,500
16c
'
'
■
5
;
Columbia
British Dominion Oil
Broulan
Porcupine
2.32
22c
101%
Jan
Aug
3
Jan
13
Jan
Jun
7
July
25
Jun
28%
Sep
2,800
2
Jun
3%
23c
9,500
18c
Mav
30c
Jun
27
28%
3%
3 %
22c
910
»
:
45c
-53C
5% May
■
50,700
15%
15%
15%
31ft
5%
5%
5%
150
Buiiadlson Gold
20c
18c
25c
155,900
Buffalo Ankerite
2.10
2.05
2.50
10,750
10%c
45c
___
Bruck Mills class A—
■I; Class B
—
Canadian
Buffalo
Jan
Red
14c
7c
7c
9c
32
33
3%c
3%c
13%
940
15%
15%
7%
7%
Bunker Hill
Burlington
1.55
800
7c
8%c
1.60
1,000
13%
—
Steel
8c
Sep
Feb
53c " Sep
17
5%
Aug
Jan
Sep
25c
Sep
Jun
3.05
Jan
Jun
5c
May
May
27
3%c
12'
37c
Jun
10c
240
13%
4%
44,850
33
14% July
10.800
Lake
Products
Building
1.72
4%c May--
12c
&
Co
class
class
B..._
A
Jan
Calder Bousquet
Caldwell Linen 2nd
*
Jun
2.50
Sep
Calgary &
•
.1.08 May
1.55
Sep
Callinan
1.45
10,500
4c
Mar
8%
1
preferred
Edmonton
Flin
Flon
Sep
Calmont Oils
9c
11c
2,500
4c
Jun
11c
Sep
t'nmpbell Red Lake
22 %c
27c
62,250
17c
Jun
67c
Jan
Canada
3 %c
3%c
4c
9,700
3c
May
7c
Feb
16
16%
950
11%
Jun
16%
Jan
4c
4c
2,000
3c
7c
6c
8c
76,000
6%c
40c
40c
57c
11,700
35c
Mar
Jun
July
4c
v
Feb
14c
Jan
57c
Sep
4
Sep
jn v
20c
Feb
9%c Jan
'33
•
5c
14%
Jan
May
Jan
Cement
1
2.85
2.75
3.15
34c
42,150
42c
Jan
84,400
25c
Mar
98c
Sep
Class
58c
26,833
41c
Jun
58c
Sep
Canada
1.82
1.83
300
3c
May
8c
Jan
Canada SS
8c
8c
1,000
Apr
1.90
Sep
1.95
2.15
61,405
1.30 May
2.15
Sep
1
1
8c*
2.02
1.35
3.30
1.13
1.20
8.600
74c
13c
16c
41.500
8c
52 c 64 %c
121,300
53 c
4.10
300
4.75
6.00
5c
Jun
3.45 Aug
Jun
■-V 1.34 May
73c
Jan
Aug
42c
May
1.25 May
400
4c
2.
4.10
6.00
.
2.90
5,000
3,100
5.15 Aug
3%c
Jan
1.28
Canada
;
Packers
Permanent
Ltd—
Sep
6.10
Sep
Conv
Jun
4%c
Jan
1
1.30
Sep
Jan
25%
25%
25%
100
22
Jun
26%
Jan
20
29
29
29
100
27
Jun
30
11
11%
165
11
Sep
11%
Sep
46%
47
30
43
Jun
50
Jan
29
Jun
33%
Jan
7%c
Sep
Canadian
6c
8c
83,500
13c
1,000
4.25
5,100
3c
Feb
10c
Jan
8%c
Jun
36c
Jan
2.90
Jun
8.30
Jan
6.00
300
6c
3,000
5c
Jun
12c
Jan
2.000
10c
Jun
32c
75
17%
345
14% July
190
27
187 % Mar
13
14%
2,375
1,325
35
12
50
7
130
—*
•
33%
79
5%
Jun
Jun
17%
Sep
192% May
15%
37%
Sep
Sep
May
83
May
Apr
Feb
8
Jun
25
10
24%
24%
25
•
Canners
23%
22%
23%
11,505
19
Jun
23%
Sep
16%
16%
16%
860
13%
Jun
18
Jan
24
24
24%
305
22%
Sep
25
Mar
July
common
—20
———
f
22 %
1,315
Sep
1,900
—
13%
Jun
18
660
9%
Jun
14%
Jan
Jan
15
14%
15
420
13
Jun
17
21%
20%
22%
1,115
19
Jun
22%
37
37%
125
35
Jun
39
May
20%
20%
22
40
20
Aug
22
Mar
20
21
950
18%
Jun
28%
6
6%
360
4%
Jun
10
45
8%
Jun
1125
„25
—
Products common-
—
170
12%
10
•
common
Preferred
—
16%
12%
20 y8
..20
Celanese
New preferred
Canadian Dredge
A
12%
—.
4:
Class
16%
•
6
;
3.85
Jun
6.60
Jan
Preferred
Canadian
.100
65
65
Electric—— -50
220
225
9%
9%
——
General
1.34
89 %c
Feb
a80c
100
75c
Sep
90c
Mar
Canadian
Locomotive
80c
a86c
500
72c
Sep
88c
Apr
Canadian
Malartic
10%c
12c
Canadian
Oils
10c
1
a
3,148
10c
500
6c
14.500
.
3.05
2.75
3.10
3.400
♦
i
Feb
.
Sep
Jan
8% Jan
13%
Jan
Feb
;
5c
Ltd
32
17%
189%
80
•
;
Sep
99%
53
34
1.26
Ltd
3%
Aug
80
&80c
a86c
Jan
3 75 Mar
Aug
6%
A
—
Class A
Sep
15 %c 15 %c
*
Jan
2% July
84
7
Cable class
preferred
2c
6c
2.70
40
34
&
Canadian Car common
7%c
5.90
54c
— .—_ —_50
preferred
1,000
*
*
__
Aug
200
10,500
,
Jan
5c
1st
9,400
*
Ltd
30c
3
32
Canadian Bank of Commerce
3%C
;
26,800
36c
3.75
3
80
A
common.
Bakeries
Canadian
7%c
4.00
9%c Aug
13%
Canadian Food
4.20
Jun
_*
Wire
7%c
•
4%c
1,215
Mortgage— —.100
Canadian Breweries
Jan
4.75
Lines
Preferred
Canada
class
B
3%c
:
12,000
Sep
Canadian
2.30
8%C
47%
17%
13,700
98c
Aug
99%
♦
41c
50c
Jan
45
47
77c
Sep
6.60
97
«
50c
14c
18
Jun
•
common
Malting —
77C
Jun
Sep
3.75
47%
*
•
5%c
125
7,755
50
100
Preferred
1
3.35
Jan
6.15
32c
3
Canada Crushed Stone——
1.25 May
20c
May
Feb
8%
16
3,000
.■■V.1«V%V-
17%
5.70
3.30
1
—
Canada
12% Jun
6% Jun
270
7%c
common
4%% preferred
i:\ B preferred ——
:
18 ?■'
_1
—
Bread
70
•
11c
11c
5.85
•
23c
13c
A—
45C
3%c
18 %c
III-II*
—^
Class B
1.45
...
46.
15c 20 %c
3%C
x
British Columbia Packers class A.
H Class B
3,100
Ltd
page
Jun
—■ 3% July
30
40c
40C
__i
-
•
see
17 %C"
Canada
Petroleum^ Ltd
5c
6c
1
Columbia
48,850
——
Ltd
|
~_~l
-
'
28c
j
P*»M<;h
2.50
Ltd
Co
—
1
Gold
American
2.00
Ltd
Brazeau
8.25
1,
-IIIIIII*
B
Preferred
2.00
6%c
Exploration
Sep
Jan
Jan
Pan Western Oils Ltd
South
5,671
Gold
British
3.70
*
Co
25
195
43
,;;i Brewis Red Lake
Jun
Mines
Petroleums
4.10
27c
*•+
13,300
"A"
Oil
5
13%
42%
_1
Kirkland
Brewers .&
11c
'
Class
5
13%
42%
Brantford Cordage common
:
*
Brazilian Traction Light & Pwr com. .*
Preferred
100
2.77
Oil Ventures Ltd
General
Jun
Jun
4%c
6,000
13%
_
Sons
&
&
8c
l
:
3.00
14c
...375
25
Pershing
2.50
1
Co
10c
26%
II—*
Mines
9c
1.20
Oil
7c
—_'_r—*
Bros
2.70
50c
Edmonton Corp
Homestead
5,125
Ltd
Telephone
Burns
...
Decalta Oils Ltd
24,825
20c
1
Mining
Bralorne Mines
Sep
Jun
Oil Stocks—
Cons
4.10
17c
Feb
Jun
Burrard
Anglo-Canadian Oil Co Ltd
Calgary
3.55
18c
Jan
38c
20c
Sep
Ltd
Wiltsey-Coghlan
3.55
Sep
— ll%c
61,850
Jan
Mines Ltd
Mines
1
-
Scotia
Ltd—1
Vinray Malartic Mines Ltd——
West Malartic Mines Ltd
Westville
37,400
I
1
United Asbestos Corp Ltd—
Upper Canada Mines Ltd
Ventures Ltd..:
L__
Villbona
20c
33c 38 %c
49c
Ltd
Ltd
10c
16c
25c
37c
22c
Ltd
Trebor
8c
17c
Jun
Apr
Sep
Ltd
Mines
Jun
May
9c
-_1
Jan
8c
Sep
Jun
Ltd..:
Mines
6c
10c
-1
Jan
12%
65c
6c
Gold Mines Ltd.—
Hughes Gold
18c
94c
2,700
46c
Steep Rock Iron Mines
Teck
15c
Apr
May
Sep
74c
1,000
____1
(1944)
6,910
18c
7%
73c
29,700
...
Sladen-Malartic Mines Ltd
Standard
50c
74c
11c
__1
Mines
9c
21,800
9%
*
49c
1
Sherritt-Gordori Mines Ltd—.
Siscoe
28,500
76c
7%
9%c Jan
_•
Co
Metals
11c
Mining Corp Ltd
•
Red Crest Gold Mines Ltd——»
bant la bo
May
15c
70c
7%
5,500
21,100
Boymar
Feb
Quemont
Senator-Rouyn Ltd
Jun
Jan
46c
Ltd.
Mines
12c
3c
38
46c
Ltd
Gold
12 %c
10% May
Jan
•
Co
25
2,000
35%
Boycon
Mar
64c
Ltd
Develop
Jan
12
3c
531
Bonville
Jan
400
O'Brien Gold Mines Ltd
..1
Pamour Porcupine Mines—
*
Pandora Cadallic Gold Mines Ltd.—.1
Quebec
Sep
13%
12
38
1—1
Corp
15c
37
Bob jo
Sep
1
Mines
Mining
Jan
3c
III
__I
—
Bonetal Gold
Sep
1
Norseman Mines Ltd..
8c
15c
•
I
Consolidated
Bevcourt
Jan
9,900
1
19,296
12c
Sep
37%
Bidgood
Jan
1.17
1
May
Jan
1.35
Norlartic
joe
13%
Mines
Bertram
Sep
1.32
Ltd
Ltd..
Jan
:
10
Jan
1.00
New Marlon Gold Mines Ltd—
8c
26c
"
.
Berens River —,.
Sep
7.20
1
1.00
Feb
74,900
21 %c
Jan
Toronto
Bell
Apr
f
72c
20c
72c
Buffalo
Dredging Ltd
New Calumet Mines Ltd
July
of
Jan
H6 %c
May
100
66
•
Jun
80,600
10c
Jan
Sep
10c
Jan
1,000
3.15
•
300
11c
-
2,90
2.85
15c
Aug
36%
Sep
1.67
55c
Jun
-
7
Mar
19%
5.85 Mar
3c
45c 60 Vic
57c
2.85
•
25c
2.90
l
Gold Fields Ltd
90c
11%
450
11,500
.
23c
Jun
5%
26%
Sep,
57c
•
31 %c May
6%c Jan
970
7.20
6%c
90c
x
Mines Ltd.
16%»
5c
*
Macassa
2,000
14%;
__1
Little Long Lac Gold Mines Ltd
Louvicourt Goldfields Ltd—
9%c
May
350
Jun
4%c Mar
Feb
1.35
3,000
10c
7
34% July
May
3%c
Jun
14%
900
52c
17c
•
3,025
50c
15c
16c
7%c Jan
385
Sep
1
1
7.50
8.75 May
Jun
37
Apr
4,427
May
5c
36%
Jan
15c
"
3c
12,000
1,000
25%
Sep
16c
51,500
36%
Feb
10%
6c
10c
21%c
Gold
Eeatty
/
Sep
7%C
l
Aug
4c
•
_1
'■
vBordulac
Jan
70c
26%
Mar
5.60
Jan
5.30
10% Jan
10
Mar
-
Jun
Feb
10c
.10
(1937)
British Columbia Elec
Pitt
4%c
2.85
8.65 Mar
22 %c
10
24 %c July
10c
...
Lake
Mar
May
6%c
5
Inspiration Mining & Dev.
Consolidated Gold Mines Ltd:
Kerr-Addison
Aug
3c
6.65
l
J-M
Mines
19c
13,000
l
„
Mines Ltd
Joliet-Quebec
500
3%c
6c
Mines
—_
Gold
5c
19c
3c
»
l
Ltd
Cons
Hudson-Rand
138,100
19c
II".
Ltd—
Heva Gold Mines Ltd...
Normetal
23,600
Nova
Jan
11c
Ltd
Mines
Goldbeam Mines Ltd
New
4,872
41c
Montreal
Sep
64c
12 %c
Ltd
41,710
10
35c
—
Bathurst Power
Sep
Jun
4.25
3.80
9.25
36c
of
Ease
Seg_
800
3.30
Jan
of
Jan
22
3.05
„
Jan
68c
—1
,
Belleterre Quebec
Mines
New Jason
A
Mines
Barymin
Sep
60c
2.92
20c
Jun
Bank
Apr
Jan
Jun
16c
Bank
Sep
90c
May
Sep
9c
88,000
Bank
Sep
Jan
10c
27c
30,700
_1
Bankfield
Feb
Jun
Sep
88c
8,000
Jan
26% July
25% May
12c
May
40c
1
—
-
*
43c
3%c
3%c Mar
61%
Jun
Jun
15c
Hardware
Bagamac
•
56
7
—
Yellowknife
Aunor
Apr
Jan
Feb
19%
U %c
Mines Ltd..
Cons
12c 14 %c
Feb
27%c
25 %c
1
_
Jan
2.75
11 %c July
14,000
28c
29c
Limited—
Ltd
Pen-Rey Mines Ltd..
Nechi
57,583
-1
Aumaque
Jan
Jan
8c
85c
,
May
40%
195
27c
1
Mines
Aubelle
1.15 Aug
13c
2.05 Aug
1.500
i
Elder Mines Ltd
Malartic
26%
common
Atlantic Oil
Jan
July
4%c
70,400
90c
l
1.05 Aug
3%c
4,000
8%c
3c
2,080
26
21c
4.15
Atlas Steels
Atlas
35
•
Asniey Gold & Oil
Athona
679
44
52%
13q
103
Jun
9.25
Porcupine
Ashdown
Sep
16c
21c
III
Armistice
Jan
500
26%
Oil
Arjon uoid
Jan
79c
39c
Jun
l%c July
6,600
69c
Ltd.l
5c
128,200
4%c
5c
20c
6IV2C May
88,000
18c
1
Mines
Corp
Warrants'
Sep
Jun
Jan
Jan
Aug
42
39c
Argus
Feb
Sep
1.10
2
1_II
Mar
18c
79c
6c
Ltd—1
Ltd
6c
3,500
2c
2c
1.
,
41,000
5c
55c
Sep
20V4
25
..
July
2,000
12,900
51%
—1
Area 'Mines
Mar
13c
1
Co
5c
12c
mil
Mines
9c
Jan
99
6c
80c
18c
Lead
Rouyn
200
17%
Jun
..25
Mines
Yellowknife
Aquarius
9%c May
4%c Sep
3c
79c
12c
Ltd--,——1
_
.
500
24c
23 %c
Lt4—»
Ltd
4c
7%c
l
1
Jun
8c
3%c
4%C
•
20%c
6c
IIII*
..,.111
Mines
Lingside
pfd—I
Canada
Jun
19%
70c
70c
52%
of
High
16
560
99% 100%
-1
-1
Larder
Low
9% May '
7,999
6c
___I
Apex Consol Resources-
Feb
Aug
Ltd—
Ltd
Mines
Kirkland
2%c Aug
3,385
21%
——
Canadian
Anglo
Jan
May
Ltd
Sullivan
Lake
65c
15c
.
Cadillac
East Malartic
HoUinger
Jun
54c
—_1
Mines Ltd.
Foimaque
100
17%c
1,000
Miping Co Ltd
GOid
2%c
60c
153,800
96,900
Ltd
Mines
40c
65c
Ltd
Duquesne
Gold
28c
19%
44
Amalgamated
100
39c
17%
19
21%
Ltd
11
12% May
15%
Steel
10
i
16%
m,
Knife
Range Since January I
High
19%
II—20
Oil
41
17 %c 17% C
——
Explorations
Mines
Jack
51
„
common
m
Pacific Cons
Algoma'
Low
I—100
&
Yellow
11
2%c;
mill
Gold Mines
Gold
Central
El Sol Gold
Gas
Alberta
63c
Consolidated Astoria Mines Ltd
Consolidated Beattie Mines Ltd
Goldora
Acme
Akaitcho
15% Aug
24
Sep
17 %c
Chesterville Mines Ltd
Giant
1
;
Paper
;•> Preferred
19
x
Gold
Mines
Fontana
Jan
Shares
«
Acadia-Atlantic class A
40%
11
—1.
Patricia Gold Mines
Cheskirk
El
M*y
-1
Ltd—
Mines
Malartic
Centremaque
c.ast
Mar
65c
&
61.50 preferred
Apr
..III1
Mines Ltd
Cartier-Malartic
Donalda
48c
July
220
0
I
Ltd
Gold Mines
Duvay
-Jan
25c
24
*
•
Buffadison Gold Mines Ltd
Buffalo Canadian Gold M'nes.
Dome
41e
4,600
113
Power
13
..
Gold
Gold
Cournor
3,344
25c
31
for Week
Anglo-Huronian
Gold
Coriea
Jun
44c
13%
#
Mines
Bouscadillac Gold
Consol
108
111
23
Mining Corp Ltd.
Lake
Bonville
Central
Jan
'
Range
«f Prises
Par
Abltlbl
Anglo
Ltd
Metals
»;
18%
13%
"
Metals
Corp
Aumaque Gold Mines Ltd
j»ouzaii
Jun
23
_<■
~~
Ascot
Bob's
Jun
16
,100
Sales
Last
Feb
24
Week's
Bale Prios
Mar
54
Feb
stocks—
Stocks—
Lead
Mines
Base
111
-Jun
12%
1,075
V
Sep
25c
loo
" I
Ltd
51
Friday
Sep
21
Apr
115
17
Exchange
Canadian Panda
Jan
43c
„
~~
(J C)
.
104
13%
___*
Limited..
.
9%
15% May
16% Apr
6
....
Toronto Stock
111
43c
43
23
High
8% Mar
a54
B
Products Ltd
Wilson Ltd
Arno
•
55
al09%
22%
15%
•
Ltd
21
108
52
:
~»
Canada
750
300
22%
t
—:
—
Union
9
17
20
a
100
Trans-Television
Low
9
al08
(1223)
MARKETS
SEPTEMBER
Range Since Janaary 1
High
17
50
pfd
•
Southern
Shares
•
Power
ENDED
for Week
Low
Powers*.IIZI~10
Light &
LISTED
WEEK
CHRONICLE
Sales
of Prices
Sale Price
Par
FOR
FINANCIAL
17c
16 %C
18c
6.250
0
13 %c
13 %c 13 %c
4,000
8.50
8c
3%c
2.10
Jun
13%
Jan
Jun
14c
Jan
Jun
7c
Sep
Feb
9%c May
10 %c
2.00 May
Jun
3.10
Canadian Indus
5%
Alco
Cos
preferred
"A"
voting
Sep
Canadian
25c
Apr
Canadian
Jan
Canadian
Tire
9%
62
Sep
77
Feb
210
Jan
245
Apr
950
Jun
11%
Jan
24
Jun
36%
Jan
55c
Jun
85c
8%
*
Corp
Utilities preferred
Wirebound class A
28
30
300
72c
72c
85c
40,475
13%
13%
415
12%
Jan
100
100
15
97%
Jun
15%
17%
36,752
11%
Jun
•
common
—
28
•
—
-
rvuadian Pacific Railway———
22c
•
10
40
•
__
100
25
16
28
•
100
*
„
24%
28
99%
99%
10
24%
25
285
2
v
15%
101
17%
Sep
Feb
Feb
Sep
22
Jan
98%
Aug
102
Feb
23 % May
25
Sep
28% May
.
THE
(1224)
44
COMMERCIAL
&
CANADIAN
RANGE
Friday
Range
Bale Price
1
——-
caBtie-Tretnewey
1.65
1.85
MARKETS
SEPTEMBER
Sep
1.50
Jan
Greening Wire
1,40
Jun
1.95
Sep
Guayana
82c
76c
85c
22,100
56c
May
1.65
Jan
87c
1.15
49,080
65c
May
1.45
Jan
1
18 %c
13 %C
21c
25,000
14c
Jun
"
Hull
Lead
Mines
Gold Mines--
Patricia
Centremaque Gold
Chatco
Steel
Chemical
Researcn
57c
75c
27,300
19,700
1
5%c
5%C
2.02
2.00
2.40
75,903
18C
25c
24,200
1.30
1.30
1.30
170
3%C
3%c
4%C
26,500
1
——-——1
Oils
1
•
2.81
2.83
50
13J/2
13 V2
*
1,500
76,600
12%
687
27c
25c
28c
17,200
8
8
335
-1
-
12 %
—1
Plow
CccKsnutt
6c
5c
8c
35,500
•
——
Lake
Collingwood Terminals preferred
Coiomac
24C
3.20
24c
——*
Wilians
Cochrane Dunlop class A
Caiii
10
6%C
——_—
Cocnenour
25
Vk
---1
-—
Malartic
Coastal
11,500
6'/2
7%
57c
50c
Chimo Gold
Chromium
Citralam
9c
6'/2
*
*
Mines
5'/2C
7%
10
—_——
Cheskirk Mines
Chesterville
6%C
1
—
preferred.-—
Chateau-Gai Wines—————.
>
Yellowknite
Coniagas Mines
Coniaurum
24c
13
11
1.45
600
1.05
1.25
11,925
85c
1
13c
12c
15c
9.500
.
12c 13'/2c
1
Consolidated
Beattie
•
Mines
Central
U
10%
11
437
62c
62c
1.00
229,200
40c
4c
7%
0%c
6%c
1
89C
80c
1.00
•46,833
42c
1
9c
8c
9c
3,110
5c
Srneiting——o
104
99% 104%
2,868
Cadillac
Consolidated Mining &
1
...
40
g%
6%
0
1.75
1.75
1.75
40
1G0
Consolidated Press class
9
1.60
Class
153
152
154
197
4
A—
B
—
Conwest
Exploration
Cournor Mining
Craig Bit preferred
__
Crestaurum
;
20c
Jun
11%
Sep
1.00
Sep
Cromor
18V2c Aug
Sep
Apr
1.00
81
6
July
Pershing
Crow's
Nest
Coal
14,530
76c
30c
11,000
10c
1.45
Jun
D Aragon
Davies
Davis
Petroleum
Leather
Class
B
A_.
Gold
25c
5,500
XL
21 %
9i>
8'/2
235
Oils
Ltd
—
•
Detta
Red
-
13%c 15 %'C
14c
1
...
8.500
1.90
13,150
1.61
1.61
Hunts
2nd
Imperial Varnish
Indian
Inglis
Donalda
Feb
International
lbc
Jan
Gold
lbc
Jun
43c
Jan
International
20
Aug
23
Jan
10c
1.20
East
Crest
East
Leduc
Eastern
Easy
Eldona
El
19% Aug
Jack
Mines
22
Sep
Joburke
26
26%
85
24%
Feb
27
Sep
Joliet
7%
7% Aug
9
53
July
'
00
52%
52 %
52%
7%
140
24%
24%
30
24
.
—
25%
370
9%
51%
Apr
•
24
Mar
24%
Sep
22 %
Jun
27%
Jan
9%
575
8
Jun
5
300
3%
Jun
16
16%
10
4%
16%
2,225
13'% Jun
preferred
class
14%
Jan
5
Co
17%
Jan
Waite
Quebec
Kelore
Ken
Kirkland
Golden
5%
May
65%e
53c
62c
131,700
9%
100
16c
20c
9c
12c
3oc
Power
9%
Steel
5
7c
»
6c
Jan
Feb
Mar
1
Labatt (John)
July
Lanrador Mining & Exploration
19c
Laguerre
Lake
Lake
Lake
Shore
Wasa
Mining
38c
Jan
1.83 May
3.25
3.40
3.00
3.50
135,403
1.62
5
5%
800
5%
5y4
40
14%
15
120
Jun
Jun
3.50
Sep
Lake
4y4 Aug
7%
Feb
La
5
5%
Sep
Lamaque
July
13 % July
17
Jan
46c
45c
58c
77,175
30c
62c
G2c
82c
255,475
41c
Jun
82c
Sep
15c
15c
20c
16,077
15c
Sep
25c
July
12c
9%c
15c
56,320
20%
19%
20%
10% 1 10%
37c
4.00
Jun
58c
Jun
15c
145
19 y4
Sep
20% Mar
25
10 y2
Sep
40c
2,310
27c
May
4.25
3,476
14 y8
14%
735
13 %
36%
37%
915
30% Aug
7%
9y4
6,775
114
118
115
8%c
12c
68,300
9
3.10
Jun
Jun
9
225
8y4
8y4
100
5
May
98% July
4c
Jun
7%
Feb
7%
20
1.65
400
1.30
24
2,425
20 V2
25
7,625
2.15
2.50
27,800
18
680
2.15
17%
17
7% Aug
Sep
7c
Luz
_
1.75 Jun
16
July
Jun
82c
82c
2,000
82
Sep
17
17
380
13
Jun
101% 101%
20
99 y2 May
4.75 Jan
6.55
3c
3c
3c
1,500
2c
July
1
56c
52c
57c
32,250
40c
May
•
Larder
"U"
Laura
7.60
55,212
10c
10,000
Sep
Leitch Gold
Jan
60c
4.50
Lencourt Gold
Jan
Lexindin Gold
Jan
16
37%
Little
Sep
Loblaw
Long
12c
Sep
Lynx
10
8%
Macassa
Great
•
_
West
Paper
;
common
Coal._^_-_
'*
iLL
«X»
8c
90c
39,400
65c
3 %C
1,500
50c
29.250
30c
Jun
64c
Jan
8c
12c
3,200
6c
Jan
12c
Feb
14%
17
15,414
10%
Jan
17
Sep
47c
60c
72,100
34c
Jan
60c
Sep
2.10
2.70
1,525
Jun
2.85
Aug
7.30
3,666
Jun
Sep
1.45
May
3 Vic Aug
2.00
Vic
Jan
6
5 Vic May
5.80 Mar
7.30
Sep
18
13
20
16% Mar
19
6c
8c
27,000
5%c Mar
12c
4%C
6c
26,700
2%c July
14%
15%
440
13
Jun
15% Mar
63c
500
53 c
Jun
86c
1.18
1.31
46,775
95c
May
5 Vic
8,500
4c
Jun
7%c
8c
4.000
69c
90c
37,550
30
29
30
375
31
May
Jan
6%c Aug
16 %c
16 Vic
35c
20c
26c
29.200
14c
14c
17c
11,500
31
30%
10c
Aug
Sep
Jan
6c
130.200
21 % c
Jan
1.31
Sep
12c
Feb
55c
May
1.08
Jan
Jun
31%
Jan
27
279
1
27Vi
Jun
31
Sep
8C
Jun
45c
Jan
Jan
26c
Sep
Jun
17c
Sep
10 Vic
.
8c
2.75
2.75
1
55c
46c
62c
66,300
21c
May
74c
Jan
6 V2C
6c
7 %c
31.000
5c
Jun
13 Vic
Jan
Macho
River
Jun
34c
Jan
1
Jan
3.10
67.535
1.90
Jun
2.90
Jan
18
Sep
106% May
2y2 Sep
82
17
Sep
y4
102
Sep
Mar
7.60
11c
Class B
1
Gold
_
_
17c
7.100
15c
1.41
1.85
146,800
77 c
3.10
Jun
8%
8%
8%
105
8
Jun
n
___
—
Lake Gold Mines.
1
__
3.00
3.00
7
1.320
-
3.70
202,105
22c
30c
3.25
3c
2,700
9%
10'/b
830
9%C
15c
11,700
5c
1,500
19%
19%
3,275
25
2.40
173,625
2%c
6
13,500
2.82
24%
1
2.85
4c
Fields
Gold
1
22c
1
Consol
Malartic
15c
1.45
a
*
Madsen Red
Magnet
16c
1
Mines—
Export class A
50
16c
2.02
1.85
Sep
Jan
10
7,
Sep
'
Jun
7%
Jan
3.70
Jun
30c
Jan
Sep
Jan
Jan
3.25
Sep
Aug
May
4 Vic
May
11 Vi
Jan
15c
Sep
-
Manitoba
*
Eastern
&
——
*
Maple Leaf Milling
Marcus Gold
_
—
_
_
1
_
—
13c
Sep
2c
8
8c
Jun
Apr
3V2c July
74y2c
Jan
Martin-McNeely
Massey-Harris
a
common
Preferred
19%
20
5%c
Feb
Mclntyre
9V2c
Sep
McKenzie
Red
Jun
3.15
Jan
McLellan
Gold
12%c
Feb
gy2c
Feb
McWatters Gold
4c
Feb
Mercury
5c
8c
10,000
7%c
74,000
2c
3c
4,000
1.55
4c
Sep
3c
Jun
l%c May
85
85
52
9%
15c
9%
15C
45
■
iVi; 45
•■■''■v
225
500
80
50 y4
9 V2
Grain
10 y4
Sep
103
Jan
Apr
53
class
3c
15%
23
Aug
6c
Feb
Jun
22%
Jan
July
271%
Feb
1,155
lu%
65
67%
5,905
50%
52c
62c
70,750
30C
4c
4 Vic
3.500
4c
Aug
5
Lake
_
_
1
—
11%C
*
10 %c
15c
6%
a
3%c
4 Vic
13,500
16
16
50
1.10
1.20
400
11
10%
11%
Jan
67%
Jun
62c
Sep
Sep
12c
Apr
8c
960
1.20
a
—
Sep
May
22 Vic
8c
4,050
6
6%
-
9
15%
Jun
12c
6
16,000
10c 10 %c
16
a
_
11 %c
3%c
_
_
_
*•
Jun
Sep
3 Vic
Jun
Jan
Sep
Jan
7%
Jan
7 Vic Mar
Feb
Midland
Milton
Aug
/10%
Jan
Feb
^16%
Aug
Mining
&
Pacific
Grain
Brick
Corp
Knitting common..:
13
12%
13%
7,080
Jun
16
Jan
Monarch
35
37%
720
34
Julv
40
Apr
Moneta
20
16%
20
1,680
16
Sep
20
Sep
V11
£
r
330
13%
1
36%
9j/4
Jun
9
13
57c
a
Porcupine
Oil
8
9
13
A
common
Mills
•
For footnotes see
page 46.
83c
2.85 May
1
Jun
6c
!•.
Jan
2%c
Lake
July
52
t
Jan
6.50
2,500
20,000
Mines
5c
7c
•__♦
23%
Aug
4.15
69c
•
Mines
3c
2 %c
1
19
Sep
Aug
Red
»
A
110
22c
May
MacDonald
McCabe
*
Bousquet
11c
6%c
1
A
a
McColl-Frontenac
50
Lakes
Preferred
Jan
Apr
1.85
Macfie
Mid-Continent
Great
10c
95c
Jun
Feb
Feb
10,100
Graham
Jun
Jan
1.19
Apr
34,125
A
19 %
3c
41c
Jan
Aug
Jan
15,500
class
Sep
2%
16c
5c
Mackay
29,950
-
8
56c
2.19
Gordon
class
Yellowknife
19 %c
9%c
85
8c
Jan
Jun
7c
*
Fen
5c
_
Jun
1.95
common:
Sep
19%
Jan
4c
1
-
Goldflelds
Jun
4'%c
Preferred
_______
Gold
9c
5c
Goodyear Tire & Rubber
6c
1
—
Louvlcourt
Lunward
118
29c
2.15
•
14%
3.90
1.18
•
14c
7%'c
_1
16,209
63c
—1
..
15,000
1
;
19'%
4%c
a
B
Sep
Sep
.
Lac
12,500
1
_________1
_
Groceterias
25,750
__l
_______ _____
9"y4
_
15c
Manitou
Porcupine
_
19c
Arrow
Mining
17%
Feb
6c
•
Leduc-West
50c
Golden
Mines
Jan
13c
5 Vic Mar
26
2,600
»
17c
Golden
Goodfish
23c
32%
July
50
44,500
18
_
45c
17c-
1
7c
32
7.00
_
Mines
Secord
10 %c
1
Jan
2.60
1
MacLeod-Cockshutt
Jan
6.25
14c
15%
_
MacMillan
1.55
8%C-
Sap
4%c Jun
50c
*
Lang & Sons
Sep
100%
.
36,uG0
58c
10c
20c
_.
Sep
39
Gold
10 Vic 12 %c
18c
*
Gold
14c
200
Goldcrest Gold
4,000
Jun
3 %C
*
30
104
*
•7 c
3,000
8c
—1
Mines
26
2%
.
6c
26c
289,018
14%
Jun
May
103
17
61,900
86c
_1
Feb
25
2y4
»
58c
'
7%
23 .»'■
May
8 V2
1.55
23
Sep
50c
11% Mar
14 Va
7%
Aug
28c
Sep
4c
36%
8%c
8c
15 Vic Mar
9Cc
Sep
9
Jan
4 Vic Mar
31,400
4.0C
Mines
7,500
129,250
4.20
19c
500
28c
19%
—1
Rowan
23c
July
6c
23c
1.85
Lingman
Jan
3.25
9c
Sep
Sep
45c
Sep
21c
500
1.35
5c
16c
2.60
8%c
Goldhawk
3%c May
75c
—
Gold
10 %c
2.60
i
Goldora
45,000
1.41
*
Gold-
Jun
5c
_*
_
300
9 %c
75c
1
Ltd
Fortune
7c
5,000
100
Gold Eagle Mines
13c
1.35
8c
1.42
Lake
33,400
7c
1
Mines
Jan
Jan
32
1
30
common
10 %C
*
14c
Gold
Lake
Sep
13
52c
9c
Mines—
1
God's
150
Jun
16c
Sep
1.15 July
15 % c 15 % c
51c
Dufault
30
Lake
Goldale
Apr
7
Feb
Jan
6c
Lane
lie
.
3%c
-.1
Jan
—*
Oil
143
1.35
50c
17c
Giant Yellowknile Gold Mines
Globe
36
2,411
Jun
Gillies
Glenora
110%
Jun
18.500
5c
*
_—
99% Mar
19c
43,400
16c
•
Wares
Feb
8%
143,350
12c
•
Preferred
Jan
101%
150
Feb
100
General
Feb
25 %
99% Mar
8
12
5%c
•
;
common
20
21% July
15
150
25c
7c
»
com
Petroleums
60
356
1G%C
Jun
„•
General
Aug
Feb
Jan
16%
18c
Sep
13c
*
—
Sep
54c
Jun
16
Jan
23%
8%
loc
11c
__lo
preferred
8c
9
23
May
13%
9'%
*
—
General Bakeries
30c
29
Townsite
12
9%
1
Exploration
Gatineau
May
7% July
15
Gate
Sep
53 Vic
*
__:
Frobisher
17%
3c
9,590
17%
Sep
1
A
Sep
16
100
-^Addison
10
425
*
common
class
25% Aug
33 %
»
10%
1,035
•
—
Co
Jan
32
Lake
11%
l
;
Gold
Jan
24%
100
Kirkland-Hudson
11%
—25
common
Motor
Jan
14%
16%
___
Kirkland
*
Manufacturing
Ford
Aug
19%
100% 100 %
__
1
___
Sep
1
Francoeur
30
Feb
100
_
Gold
Feb
l
—
:
Products common...........
Foundation
Jan
13% Mar
33%
Kelvinator
30
10
_20
—
425
23%
.
22
10%
*
•
—T
25%
16
Mines
Apr
10%
—100
Preferred
25%
Sep
1.17
Feb
16 y2
»
Mines
Class
Fleet
27%
1,260
23c
Feb
1
Fittings Ltd
190
27,357
14
(1939)
19%
1
Kirkland
30
18%.
•
Mining
21%
l
—
—
Federal
30
17%
26%
*
105
1
Players
Fanny Farmer Candy Shops—
Fibre
Jan
8
Jun
13%
100
common
Kayrand Mining
Sep
1
Grain
30
*
Jacknife Gold
1,080
10%
•
,
Preferred
6c
6% Mar
1.10
13%
25
A_^.
Mines
21
1
Gold
Federal
10
28,600
30
1
Nickel
DO
50c
21
——u——*
Famous
Jun
8
1.14
41c
'23%
—
*
Mines
Corp
Falconbridge
2c
8
1.14
Feo
*
Eureka
Jan
13%
Gold
25
:
57
43c
Sep
Jan
1
Empire Brass class A
Equitable Life Insurance
Jun
Sep
Jun
Gold
Sol
38%
20,500
1
Jan
15 %
-
——
2,666
4C
75
Lapaska Mines
Elder Mines
47
203
3-3 c
14%
*
El Pen-Rey Mines
Jan
32,966
54c
Mountain
1,020
50
Eddy Paper class A
Sep
39c
16
Island
11,771
*
Washing Machine
41c
Jun
4G
-
1.14
5/100
22
•
Steel
Jun
23 %c
8c
Petroleum
187/B
__I
Sullivan
Feb
27c
3,000
7%
International
19%
Oil
East
Feb
32c
Sep
86,950
5c
International Uranium
18%
"
—
12c
41c
7%
aep
I.yO
187/a
*
Malartic Mines
Jan
35c
5c
Feb
33c
Jan
Jun
„
aast
274,800
7%
15c
Jun
Jun
—
Duvay Gold MinesEast
Amphi
18c
*
Nickel
"
—
12%
11 Vac
3%C
46%
100
Milling preferred
International
May
common
Ltd
Sep
Jun
Feb
9%
oy2 Aug
5c
•
Mines
Sep
19% Jan
35c
1
100
20c "
pfd__$23.50
Mudge class A
Jan
12%c
8.75 May
4c
Sep
65c
Mar
15%
Feb
30c
•
Preferred
Jun
27c
B
Mines
&
Duiama
36 %c
12c
6
Kirkland
Donnell
25
Co
Metals
14c
Jun
7c
5%c
12,700
Dominion Stores
Woollens
6c
16,300
»
Bronze
32,1)00
Coal
Dominion
Sep
59c
17c
Jan
52
139,121
Dominion
Dominion Textile
12c
50c July
13,141
8%C
1
38c
•
Chemical
16
11%
6c
common
&
54c
Investment com—1
&
16
10%
6c
12c
Lake
(John)
10c
Magnesium
Tar
16
10%
1
10
Sep
25c
Dominion Scottish
Dominion
3,600
118,300
*
Sep
8%
47c
Steel—
class
61c
10%c
_I_j
Jan
30c
Kenville
&
60c
10 %c 12%c
13c
»
7%c
———
Steel
May
Aug
Jan
'
Dominion
Jun
6c
Oil
19%
&
21c
177,600
Bank
27c
2
Foundry
9,700
17c
Imperial
10
preferred
Dominion
32c
13c
3%c Aug
Sep
'
Imperial Tobacco of Canada ordinary .5
4%
preferred
25
47c
Dominion Dairies common.—.
Dominion Fabrics 1st preferred■"
25c
Imperial
8%C
Ltd
Dominion Bank
6c
Feb
Jan
Jellicoe
Mines
Apr
18,000
Ltd class A
1
-
Distillers Seagrams
Dome
Jan
8 Vic
12c
Huron & Erie common
1
—
Lake
tfeiiowkniie
uisoovery
83c
7c
Bay Mining & Smelting
Malartic
Hugh
i
Lake
Dexter Red
Jun
1
Preferred
Decalta
Delnite Mines
Jan
35c
35c
Jun
6,500
Howey Gold
Hoyle Mining
40
23c
10c
1
50
Vk
Jan
July
Mar
9%
39,183
Inspiration Mining
8%
12
5c
15c
5c
Mines
50
*
265
100.370
1
Hosco
Sep
•
10% May
18,500
5
72c
*
——
class
——
Jun
4c
Consol
Feb
4,000
8
4%t
Yellowknife
40c
38,500
75:
10c
*
26,800
13c
9%
Feb
9%
1
72c
15c
Jan
7%c
July
34c
•
30c
10c
Sep
4.50
4c
65c
& Dauch
Jun
9'/2C
3c
3.50 Mar
7c
Highland-Bell
Jan
10c
l%c Apr
100
26c
High ridge Mining
8
9%C
4,000
50c
;
lfc'c
1
—
—
15,000
3c
9%
"III
Mines
50
1
Patricia
Mines
7c
4.50
—__1
International
Crowshcre
Jan
Jan
2C
__i
7,500
45 y2 Mar
25c
17
9%
Hinde
Homer
Bep:
Jan
17 %c Mar
Sep
Jun
50c
Mascot
Gold
Jun
5c
14
1
Gold
Heva
16c
•
4.50
26 %C
Gold
Hedley
Aug
Jan
65c
;May'
80c
1
23c
100
5%c
2c
Sep
2V2
156
Jun
825
4%
:
Jan
8 %
Sep
148% Mar
11,500
7,800
5%c
High
-'''3% Mar^
•
8'/2
65c
i
—
1.75
Feb
123
Jun
Sep
17%c
July
lie
15 %
1
Mines
65c
1
.
Gold
Headway Red Lake
Heath
25c
15
9%
Gold
20 %C
10
.:
Sep
Jun
27c
—1
.
——.
Mines
Hasaga
6c
5%c
IIIIIIIII*
Harding Cdrpets
Kclimger
Feb
1.25
1.11
Jun
3bc
8%
1.16
*
Feb
1.25 Aug
Jun
''
Consumers Gas
Jun
8c
Rock
10,500
!
6c
IIIIIIIIIIi
Hudson
2,000
Consolidated Duquesne
Consolidated Lebel Oro
Jan
Apr
July
Sep
9%c May
2
Bakeries
Consolidated
19,300
Sep
14%
12c
Mine3
Jan
:>0c
Jan
1.32 Aug
1.45
1.05
Jan
13% May
7% July
5
Hard
3.20
Jan
May
4c
Sep
36c
May
17c
Feb
Harricana
9c
8c
1
Hamilton Bridge
5%c
Sep
2.00
Jan
1.75 Mar
45c
1
~~~
Hallnor Mines
25c
Sep
5,800
15
Alabastine
Halcrow Swayze
Halliwell Gold
2.85
July
2 >4c
Jan
Jan
85
58c
24c
Mar
Low
4%
8c
j
&
10c
May
1.25
Lime
1
Lake
Saute Since January 1
High
49c
Jan
7
Sep
10c
•
Consolidated Astoria
Consolidated
1.90
Gwlllim
Shares
3%
1
Gold
98c
May
May
4c
July
11
Sep
7%
41c
—
Mines—
Consolidated Ansley
3%c July
5% Jun
-—1
——
32c
13 y2
Gunnar
Gypsum
Central
IIIIIIIZ
IIIII
—
for Weel
of Prices
Low
♦
Mines
Sales
Range
Par
1.05
19,825
1.95
Last
High
Low
5.400
.....
Week's
Friday
Sale Price
87c
Central Porcupine
23
STOCKS—
High
1.35
Monday, September 26, 1949
Range Since January 1
*
1
Oil
Central Leduc
8hares
1.25
l
_
ENDED
lor Week
of Prices
Low
Par
Gold
Cariboo
LISTED
WEEK
CHRONICLE
Bales
Week's
Last
STOCKS—
FOR
FINANCIAL
"
Porcupine
Montreal Locomotive
a
a
a
-
a
—
10
65
44c
30,700
18%
19 %
210
July
17%
Feb
95c
July
1.55
Jan
8.25
6,683
10
39c
10
1
16
...
10
37c
Jun 4"
Sep
Jun
17%"Aug
•12
'
r%4
60c
j 23%
t:
r-T
Jan
Jan
Jan
Jan
Volume 170
Number 4841
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
STOCKS—
Week's
Last
Moore. Corp
Range
•
Mosher Long Lac.-,
Mylamaque
National
1
Grocers common
!
Preferred
National Hosiery class B
18%
17 Va
18%
42c
39c
47c
21
„
Jan
28%
19
Sep
Stadacona
47c
Jan
Standard
Chemical
Paving
16%
23%
Jan
29
42,170
30
Jun
25
50
9%c
12c
1.95 May
100
18,998
ovac
Jan
5c
31,900
3c
68,300
84c
Dennison
104
North
Inca
Jun
15c
Feb
July
9c
O'Brien
Jan
78,200
5c
Jun
23c
Jan
5c
2,000
Jun
6c
Jan
18c
Jan
Ontario
Steel
Orange
10c
12c
9c
12c
27,900
Jun
7c
May
i
14c
12c
11 %c 14 %c
72,750
9c
Jun
26c
3c
Sep
8c
60c
67c
May
85,500
VI.03
1.25
2,710
90c
Jun
1.25
Sep
60%
9,215
48%
Jun
60%
Sep
45c
52c
49,850
5c
4.000
40c
Sep
52c
6c
2.75
45,625
1.70
Jun
3.75
8%c
46,000
4c
Jun
13 %c
Jan
7c
12c
52,600
3%c May
8c
Sep
12c
625
800
45c
July
60c
9%C
9 %C
3,000
9c
Sep
15c
Sep
Sep
40c
Feb
16c 19 %c
13c
1.99
2.70
167,981
1.42
9,900
17%
Jun
19,510
1.11
Feb
18c
20c
4%C
United
Apr
3c
Jun
6c
116,500
3c
Jun
7c
68,637
Jun
2.10
34c
1,000
34c
Sep
34c
Sep
7%c
8c
1,700
5c
May
10%c
Jan
1.90
2.35
73,170
Jan
2.35
Sep
16,500
1.90
23%
25
Feb
18
6c
Jun
5c
95c
1.12
77,450
45c
May
13'Ac
16c
100,400
7c
Jun
23%
May
9%
Class
B
3%
Jun
6% Mar
Upper
Sep
70c
Aug
7c
Jun
12c
Feb
Jun
10%
150
15c
4,800
45c
50c
22,900
20 %
20%
20%
20%
226
17%
Jun
60%c 67%c
14,100
55c
Feb
90c
Apr
3,700
25c
Jun
65c
May
Jan
Walker
Sep
133,580
77,500
Wekusko
7c
8%e
17,000
5%C
11,500
1.65
Sep
24 %c
July
8%c Sep
2%c July
8c
6c
3c
Apr
6c
3c
3%c
12,000
lc
Feb
6%c
45c
92,500
30c
Jun
45c
14,200
55c
Jun
89c
14
3,735
24c
44,375
23
23
25
8%c May
18% July
24%
Jan
53%
53%
53%
60
47
Jun
55
Sep
20%
20
20'A
860
17
Mar
21
Aug
2.95
2.75
3.05
34,200
1.22
Jun
3.05
Sep
9%c
9%C
9%C
1,000
8 %C
Sep
17c
Jan
6%
6'A
6%
1,085
4.15
4.10
4.85
424,100
5.50
5.50
6.10
6.245
4.00
Jun
8c
8,000
2.20
2.70
35,303
*
(Hiram)
7c
Apr
1.71
(G
Sep
Y—
5c
6c
1/6,000
2c
Jun
6c
Sep
15%
Feb
2.70
3.00 Mar
Sep
Win gait
8c
Jan
50c
53C
Winnipeg
51,900
30c
Jun
58c
Sep
41
3,535
1.00
1.30
30,700
1.25
12,000
57c
Jun
15
250
12%
52%
33
50'A
llVa
150
33%
Jun
65c
Jun
Winora
1.30
_
71c
Quesabe Mines Ltd
Quinte Milk class A__
78c
Gold
1.30 May
1.95
8%C
4,200
6c
Sep
9c
41
1,600
46'/2c Mar
83c
11 %c
265
6'A May
9%
38c
1,500
25c
Jun
50c
105,400
17c
Jun
67c
35%
Feb
41%
Sep
75
29%
Sep
32
Feb
33%
80
24
100
—:
Knitting
Mines
6c
8c
48,500
32%
34
900
99
99
25
4%c
6%c
.
36c
70c
75c
11,750
46c
Jun
72c
1.05
101,874
40c
May
15%
16%
16,815
11
May
70c
88c
5,500
9
125
70c
8
2.50
1,600
8%C
20,400
2.50
2.95
1,000
5c
5%c
5,000
4c
10
35
1.15
5
2.75
42,790
Royal
Oils
10
1.45
Apr
Sep
1.04
Class B
*
_
-
__
Toronto Stock
Jan
1.20 Aug
17
10c
Last
3.75
3c
May
8%c
Sep
Andian National
1.99
July
Aug
3.00
Sep
Asbestos
8c
Jun
British
Columbia
Sep
11%
Jan
Brown
Co
Jan
Sand
River
Preferred
Sherrltt Gordon
Breweries
Pulp
&
Sllanco Mining
Ltd
44C
18,000
18c
1.15
25,510
61c
Jun
1.15
19,500
3c
Aug
6C
Feb
6%
340
6%
Sep
7'/a
Jun
2
2%
1,420
1%
Jun
3
Silverwood
For
Mlnp.«s
18%cMay
footnotes
6ee
page
Sales
Week's
Range
for Week
of Prices
Shares
LOW
—_
.
High
26
Jan
1
3%
3%
6,100
2
May
4
Jan
81
82%
250
103
Feb
2,030
70'/a Jun
12% Aug
common™
_
Range Since January 1
High
114
-
.
Bulolo Gold
.-100
82%
_______V5
13%
13
13%
_•
21%
21
21%
*
13
25%
26%
901
24%
Jun
26%
Sep
Canada
7.15
7.90
53,560
5.85
Feb
7.90
Sep
Canadian Industries common
•
13c
16c
11,000
9c
Feb
Canadian Marconi
1
4 %c
6c
43,000
15%
16%
2,160
46%
47
225
4.10
4.75
70,214
5c
6c
3,000
7c
10c
24,000
and Dominion Sugar
Canada
Vinegars
26%cMay
Fairbanks
4% Sep
7%
Jan
Jan
16'A
Jun
22%
Jan
Jan
80
125
3%
3%
4,950
54%
54%
10
Sep
Consolidated Paper
*
17%
17%
19
38c
36c
39c
Jun
3%c July
7c
Mar
30c
Jun
4.75
6c
May
60c
11% Mar
Dominion
46
48
Jan
20c
Jan
Foothills
13
Sep
Hayes
300
2.85
2.75
3.10
239,628
19%
19
19%
980
15% Mar
19%
Sep
Sep
18
18%
770
15%
Feb
18%
Sep
7.00 May
9.50
100
32%
20
47c
29,400
•
'8%
8%
9%
245
75
1.01
Jun
1.25
Jun
29c
Aug
11% Apr
32% Sep
32c
8%
Jun
Apr
60
Jun
3% May
85
Jan
May
4
Apr
49
Jun
55
Aug
12,505
13%
Jun
19
Sep
54,140
26c
Jun
""46c
Jan
10%
22%
Bridge
__.
Oil
•
Steel
International Paper common
3.40
65C
Sep
Minnesota & Ontario Paper
Oil
15
Sep
33
Apr
Jan
Pend
Sep
V loo
13% Jun
20
Mar
1,900
2.30 Aug
21% Aug
43% Jun
3.65
Jan
::
2.60
2.70
25%
125
59%
64'A
\> 12,050
__100
16%
17
450
1.25
1.25
10
50
50
50
5
5%
20
13%
Feb
11% May
Mar
24% May
Jun
50c
Jun
50
Aug
31%
Jan
64'A
Sep
17
Sep
1.50 May
55
Apr
15%
16%
4,950
12'A Jun
22%
Jan
3%c
3%c
2,000
3'Ac Sep
5c
Jan
5.15
5.10
5.30
5,405
55
Oreille
Price
40
15%
25%
2.60
63
335
420
42c
42c
10
40c
Mar
45c
Sep
May
60c
60c
1,000
50c
May
79c
Jan
•
Selections
Bros
Southmount
31% Jan
1.25
•
common
—
Apr
48 %c Mar
9%
Preferred
85
16%
International Utilities
Langley's Ltd
25
165
40
63%
•
1.60 Jan
10%
22%
15%
Preferred
22%
38%
Donnacona Paper
May
6,000
43c
•
common.
Sep
Sep
13
32%
Steel
25'A
1.30
14
Lumber
Dalhousie Oil
22% Jun
13
45c
common
Western
2.00
Sep
17c
1.25
32%
July
*
13
1
1.15
Jan
1.30
40
715
"
10'Ac May
7,900
1.90
Canadian
6,500
15
Jan
1.60
Canadian Westinghouse
20
35c
22
Sep
47%
14
Sep
Jun
47
47%
29c
33
19 y2
30
Jun
665
31c
30
25
31
240,650
1,725
11% Aug
July
13'A
85
21
10c
60c
9.50
13
33
18% Jan
24%
8.25
1.60
13
Jun
Vickers
Feb
21
Jun
3.50
19
32%
common..*
3c
40c
"8.25
Morse
645
14%
24%
1
46.
Mar
Apr
1
Dairies class A
Sep
Sep
Mar
18%
-
May
75
13c
•
r
48c
285
50c
4.10
5
r
Jan
85
Jun
1«
i
Sep
80
Aug
•
•
Miller
Mar
50o
Preferred
Silver
9c
14%c 17%c
common
Sep
Mar
2.75
Paper com_*
6c
47%
_—
6%c
118
Jun
23c
Disher
common
May
2.00 May
Anr
July
21
1,000
40c
Voting trust certificates
Sigma Mines (Quebec
Silknit
16,600
24%
class A
Jun
4c
110
Jan
37'A
100
205
20,000
Canadian
____________—
May
260
7c
7c
Shawkey (1945) Mines
Shea's Winnipeg Brewing
Sheep Greek Gold
Sick's
lie
47
com.
11 %C
Feb
6
45c
,
Senator Rouyn Ltd
Bhawinigan Water & Power
May
97
23%
7c
5c
Gold
5c
27
23
34c
15%
Mines
Jan
5%
13c
St Lawrence Paper 2nd preferredAntonio Gold
Sannorm
9%c
Canadian
San
Jan
lie
4'Ac
Low
-J"
;
7.75
Russell Industries common
Jan
37c
July
•
_™_,_____—
Corp
25%
Eank
100%
May
Exchange-Curb Section
Par
Jun
10
2%
Sale Price
7c
Royalite Oil
Roybar Chlbougamau
Rupununi Mines
Jun
7c
5c
3'Ac
35c
'
Friday
STOCKS—
45c
__
90%
f
Canadian Funds
Jan
1.18 May
9'A Mar
Preferred
Co.
Feb
Apr
6%
—
'
Roxana
35
25
96c
96c
*
class A
2,000
1.15
2.45
2.45
'■
_
1,000
6c
1
..
_
6%c
99
1
Bear
20
56,700
6%C
32%
100
•
97%
12c :15'Ac
12c
■
100
Mines
Jan
2.40
Rochette Gold
Jun
Mar
29%
21
Jan
27c
165
Jan
22c
41%
30%
24
■
May
7%
_
Wright-Hargreaves
Sep
July
5'Ac Jun
Feb
41
•'
—
30%
33%
—
,*~ —
Ymir Yankee Girl
2,500
-
preferred
Yellorex
5%C
Roche Long Lac_
Sep
8c
-
_
(Alex & J)
Yellowknife
61c
«
common
__
Jan
2.40
-73c
Jan
8c
~"
1
Electric
Jan
5%c
__
Gold
12%
Reeves MacDonald
Gold
11%
15c
97%
57%
Regcourt
__
Sep
Sep
Jun
_
Jan
9
73c
30%
8
7c
*
Larder
9'A Jun
38c
16%
23%
8,700
*
—
Jun
7
Mining
35
15c
—20
common
Sep
1.25 Sep
16% Jan
9 %c
common
Queenston Gold
6.50 May
Jun
8,098
10 %C
*
preferred
Preferred
42'A Jan
8c
23C
14,680
10%
Sep
4.00
May
60c
_____
9.25
%\
29%, -30%
8
1
3c
121,515
30
*
1
8,600
1.95
9 60
*
& W)
Wiltsey-Coghlan
3,280
1.65
Jan
"
Preferred
York
1.65
Sep
6.40
1
—-
(George)
4.00
14%
Mines
Jan
4.85
-
13c
____.
A ___—:
5 %C
52'%
Airways
7%
1.10 May
Jun
1
Class
Wood
Preston East Dome
Jun
5%
Sep
6c
1
Grocers
3.55
11%
24c
2,000
common—
Weston
15%c Mar
Jun
1.04
100
15% Aug
13c
Consol
4'/2C
Metals
Jan
8C
Winchester
Corp
.
8%
11c
•
Products
Jan
7%c
Aug
Aug
20
-25
__
Westeel
Sep
Sep
Sep
78c
21
17c
West Malartic
Jan
35c
24,500
Sep
Apr
4c
Jun
Sep
51c
May
17
Jan
15c
.50
preferred-
..
Waterous Ltd
1.08
665
30c
13%
29c
11
23
Amulet
3.05
50'A
5c
Mills
13%
Mines
Western
Purdy Mica
25c
9 'A Jun
7c
Jun
17 %c
Gold
Feb
4%C
Prospectors
62c
1.35 May
1
Jan
Jun
May
50c
•
2.02
May
22c
69c
.
Canada
36%
9c
Sep
8%c Jan
2,170
Hill
785
16C 18 %C
Apr
3.75
9,650
18c
96c
5% Aug
Jan
17,575
20%
Vicour Mines
Villbona
10
2.54
12c
Resources
Ventures, Ltd
1.18 Aug
Jan
4% Jun
9% July
300
July
50c
•
Sep
51
1.22
A___.
Steel
Feb
Feb
Feb
11c
*
9c
36c
28% Aug
50
1.11
46c
class
preferred
20c
Jan-
26% July
10
9c
Keno
72,139
37%
22,900
18c
Sep
10%
United
Sep
1.27
.
Sep
1.20
Oils
1.65
51c~
15c
•
27c
11 »/4C
United
3.15
8c
12 %C
Mar
1.27
125 i :
5'A
Jun
16c
53,819
13c
1.26
70
3.75
Corp class B
50'A
2.21
9%
3.15
5'A
Mining
46
68c
51
20%
1.21
36c
29c
28%
51
3.15
-1
—
Finance
2.78
_
20c
51
Sep
830
17c
Premier Trust
Robinson Cotton
18,800
2.10
34c
28%
Mines
United Fuel class A
Jan
7c
4,600
Voting trust certificates
Reno
Union
6c
17,000
40
Mines
27c
1.92
Transvision-Television
July
9c
3.55
Quebec Labrador
Quebec Manitou
21'Ac
2.03
50C
Transcontinental
Sep
Feb
21'Ac
Petroleums
Waite
common—
Sep
Elevators
50
Mines.
Jan
1.95
;
1.21
Porcupine
8%c
13'A
*
3,000
.10
Gold
Traders
Jan
2.60
24c
lie
3.05
Powell Rouyn Gold
Renabie
2.70
53
Jun
6%
70c
Purity Flour
Quebec Gold
Tower
Aug
July
10
12c
8'Ac
7'/2c
Gold
19c
12,100
19,923
14c
__
3%c Jun
Jun
39,800
13%c Aug
Jun
40c
96c
...
86
common
Gold
Union Gas —_
6%
River
Quemont
May
,
7%c
Pioneer Gold
Pressed
6
1.33
23%
Ltd.
78 'A Mar
Jun
8c
United
Porcupine Peninsular
Porcupine Reef Gold
Power
2,350
25c
10'Ac
Consol
Crow
Powell
9%
6%C
Gold
Piccadilly
3c
4c
Parbec Malartic
Partanen Malartic
Pickle
1.91
14c
256,635
1.64
Mines
Paymaster
8%
15,000
19C
18c
Pandora Cadillac
Perron
'
25c
Mines
Sep
180
Towagmac Exploration
May
9 %
Tubes
87
86
Jun
4
50c
1.92
Class B
Porcupine
Pan Western Oil
Sep
Mar
18%
1.75
Torbrit Silver Mines™
Feb
Lake
Paramaque
Tombill
Jan
9c
55c
13 %C
Petroleum
15
78
20c
Gold
Toronto
55c
common-
Hershey
Feb
345
150
Pearson
Toburn
Jan
5c
16 %C
Pamour
50
87
85
1
Pieferred
Feb
9c
Mines
15
85
735
Sep
2%c July
—
Mines
Pacific
Page
15
Thompson-Lundmark Gold Mines.
2.50
™
Gold
32,200
common-
Tech-Hughes
Sep
390
83c
85
River
Taylor
Api
4%
»
Preferred
Apr
1.05
58%
Aug
5
83c
22%
-50c
Ltd
23
22
—1
._
Cons Mines
Tamblyn
Sep
Sep
1.79
Sylvanite Gold Mines
Jan
9'A
11%
68c
_•
-
Sturgeon River Gold
Jan
34,000
Sep
Jun
Jan
69c
Sep
5%c
55c
5
7
—1
Steep Rock Iron Mines
Jan
5%c July
47c
Crush
Osulake
common
Surf Inlet
9C
Mines
1,405
Jan
4%
Superior Oils Ltd_
3c
July
22,120
3,325
1 Aug
7c
12c
29,500
31,000
23c
41c
Sep
20
9'A
Mining
8'Ac
4%c
Mar
July
55c
Feb
3c
17
10c
11'A
"1~25
May
1.74
Lake
Steeloy
94c
635
11
22%
Jun
Feb
9,600
8%
1
_
75c
2.72
Omnitrans' Exploration
Osisko
Preferred
31c
5 %C
Gold
Gold
Canada
18 %c
15c
12 %c
•
Aug
3c
Oils
Red
of
Co
93
24c
20
9%
—-.
May
—
O'Leary Malartic
Omega Gold
Orlac
Bros
47c
45c
Mines
19%'
180
11'A
Gold
20c
1.05
Ogama-Rockland
Orenada
Stedman
Feb
2.35
Jun
59%
North Star Oil common.
Okalta
242,500
97
Feb
—
.Northland
Jan
24,370
94c
._,
Olsen
60,113
62c
Northern Canada Mines.
Northern Extension
Jan
44c
41c
76c
96%,
Standard Radio class A
Starratt
Taku
Mines
99%
30c
common
Apr
4c
—
Jun
97
50c
11,625
11 %c
Malartic
Jan
77c
common
Preferred
70c
9c
.
26%
Mines
28c
10c
.
Sep
12 %c
54c
.
Mines
21
30'Ac
Brazeau
Jan
2.63
Mar
1.50
4c
Oils
Jan
670
Jan
22 %c
8 %C
Norgold Mines
Normetal Mining
Norpick Gold
North
14-".
Apr
Sullivan
Nipissing Mines
Norseman
28
30
22%
20
15 '/2 Mar
1,820
Sep
21%
Co
July
Jun
.
22
—1
,
27c
1,725
18,600
High
1,465
.100
Malartic
South
Low
24
.—1
Gold
Sladen
54c
Mines
Norbenite
Preferred
Siscoe
22 %c
Thurbois
Noranaa
Jan
11% July
Range Since January 1
High
22
22'A
4%c
Yellowknife
Nicholson
27%
2.50
1
Rouyri Merger
New
12
75
2.25
4c
Norzone
Nib
12c
.Mar
25
*
102% 102%
1.30
Newnorth Gold
New
21
1.50
Mines
Pacalta
Sep
Jun
10
13 %c
Shares
24
Class B
Steel
Goldvue
New Jason
New Marlon Gold
New
19%
5c
New
New
27'A Feb
Standard
.
28
„
2.25
100
Bidlamaque
Calumet
.
for Week
of Prices
Low
Simpson's Ltd class A__
Sales
Range
Par
Jan
May
5'Ac
,
73%
Week's
Last
Sale Price
High
Jun
Apr
8c
50
25c
—
—
New
11,504
13
-*
25%
2,000
28 %
__10
64%
125
10%
13
*
325
9y2c
28 %
Car
.
7»/2C
28%
23
STOCKS—
Southam
Alger
New
26%
*
20
National Trust
Negus Mines
Neilson (Wm) preferred
..
10%
*
;
National Petroleum
New
7y2c
45
MARKETS
SEPTEMBER
Range Sinee January 1
Low
12%c12%c
5
National
Steel
12 %c
1
Mines
Drug preferred
National
73%
26 y2
(1225)
Friday
Shares
High
72%
72%
—25
ENDED
for Week
Low
'
common
Preferred
LISTED
WEEK
CHRONICLE
Sales
of Prices
Sale Price
Par
FOR
FINANCIAL
Invest
Yukon Consol
3.35 May
45%
Jun
6.70
63
Jan
COMMERCIAL
THE
(1226)
46
&
CHRONICLE
FINANCIAL
Monday, September 26,, 1949
OVER-THE-COUNTER SECURITIES
Quotations for Friday September 0S
^
;:
Obligations Of Government Agencies
investing Companies
Bid
Ask
1
Aeronautical Securities
4.62
3.81
5.07
4.17
31%
IVt
Amerex Holding Corp
10
American
Business Shares
1
Associated Standard Oilstocks
Affiliated Fund
Inc
series
Shares
29 %
4.05
3.70
6.89
15.13
47/s
Holdings
7.45
13.92
Fund Inc_
Axe-Houghton Fund B—
5'/a
Automobile
lc
3.00
shares-lc
sharee-lc
3.66
Petroleum
3.52
4.26
Mass
8.14
15.31
16.61
Mass
Mutual invest Fund Inc
Bullock Fund Ltd
16.99
18.62
Century Shares TrustChemical Fund
33.75
shares
Investors
2nd
Investors
Panama Canal 3s
7.00
"
25.90
28.00
Inc_l
11.65
1
13.87
5.06
13.10
14.31
1.44
1.58
Howard—
A
1
—1
Stock Fund
27.34
25.57
17.26
18.46
3.88
26.57
1.91
28%
Equity Fund Inc
20fl < • 3.68
Fidelity Fund Inc—
5
24.58
Financial Industrial Fund Inc_l
1.74
First Boston Corp*.—t—_——10
26 %
First Mutual Trust Fund
1
4.89
Franklin Custodian Funds Inc—
Preferred stock series
5.49
Common stock series
—
4.77
Fundamental Investors Inc
2
13.63
Fundamental Trust shares A—2
5.89Gas
Industries Fund Inc
1
15.35
General Capital Corp
1
47.55
General Investors Trust———1
4.78
shares
Automobile
shares
Aviation
Series
Dellar
3.63
1
14.59
15.65
1
'
6-
1-49
3-
1-50
bl.30
1.15 %
1-49
4-
3-50
bl.30
1.15%
Building supply
1
8-
1-49
5-
1-50
bl.30
1.15%
1
10.24
11.22
1.50%
5-
2-49
12-
1-49
bl.30
1.10%
1.35%
9-
1-49
6-1-50
bl.30
1.15%
1
1
10.73
11.38
1.55%
4-
1-49
1- 3-50
bl.30
1.15%
1.30% wi
10-
3-49
7-
bl.30
1.15%
3.69
4.04
Diversified Investment Fund_l
10.33
11.32
7.58
*
—
>
Chemical
.
Corporate bond series
Industry
Diversified
6.23
4.22
4.56
1.65
1.80
20.54
'
7.30
22.21
73c
81c
,
^
8.10
1.02
1.13
11.58
24.28
12.69
26.39
7.39
8.10
-
13.80
15.62
17.04
9.68
16.32
22.36
•
28.47
15.35
11.72
4.72
1
4.45
'// 4.88
25c
2.35
2.56
96.12
Fund—10
46.88
10.63
Diversified-preferred stock—1
Electrical equipment
1
7.24
7.93
1
11.56
12.67
1
1
9.26
10.15
10.10
11.07
*
Merchandising
7.76
10.51
Oct. 6,
7.97
4.69
Sept. 29,
11.52
7.27
1
Utility
Railroad
5.14
Oct.
7.98
NOV.
11.10
14.87
1
2.21
Petroleum
A
Trading
Putnam (Geo)
Ex
Fund
Fund
Investors
Fund
Berg
100%
stock
Inc—
dividend
13.27
98.08
47.84
2.42
Scudder, Stevens & Clark
Fund Inc
Selected Amer Shares
10.11
10.94
Bank
of
the
20%
Bank
of
New
2%
Shareholders Trust of Boston—1
Sovereign Investors
19%
5.57
1
Inc
Standard Invest Co
91c
10c
6.10
!
48.75
Television Fund Inc
—1
9.02
9.83
Trusteed
25c
Investment
Industry Shares
Union Bond Fund series
65C
17.47
1
1
6.81
United Income Fund
Shares
1949
1
8.99
1
1
9.70
3.54
42
53
Trust
A
Co
Bank
Series
County
Trust
6.83
Federation
54%
2.00
2.29
Bank
National
A
Trust
32%
Series 1955
1
3.54
1
2.20
Manufacturers
94
10
17%
30%
100 1 ,230
27
194
100
295
310
100
515
Co
National
Bank
20
26
28
16
32
34
.10
33
34%
16%
Natl Bank—100
290
32%
Bank
of
Detroit
19
30
Pittsburgh
Farmers Deposit
Mellon Natl Bank A Trust
1,540
25
42
20
50%
Jersey Insurance of N Y
20
-12%
.100
(J P)
York Trust
226
232
43%
25
.
Bank A Trust_17%
84%
39%
87
25
12
7 %
.100
46%
I
10
15%.
16%
48%
51%
preferred—5
23 %
20
_.,5
0
22%
24%
Casualty
Prior
$1.05
13%
$2.10
common
Convertible
preferred
Massachusetts Bonding
Merchant Fire Assurance
__5
National
American Re-Insurance
lo
29%
National Fire
American
25
58%
National Union Fire
10
46
New Amsterdam
28
30
-5
30%
620
Recent
7%
Bid
Bonds—
Bell Telephone of Pa 3s
32%
4
193/4
C"* '
.
Bankers
25
10
Boston
Camden
Fire
*
;
—
—5
Portland
National
First
New
common
41%
United States Natl
Cram
A
Forster
San
8%
8 5/a
Bank
Employers
Federal
105
105%
1974
Canada
(Gov't of)
100%
100%
Cen Aria Lt
.10
.10
Fir*
Assn of Phila
lo
58%
37%
39%
35 y4
3/%
44
General Reinsurance
palls—
Globe &
Globe
A
4.75%
Conn
10
Corp.
Par
& Pwr $2.50
66
68%
New York
20%
22%
North
Fire
.16%
River
2.50
preferred
Lt
104%
1979
:
105
&
Delaware
Pow
100
$2.20
1st
mortgage 27/8s
;.
/■
1979
Kentucky & W Va Pow 3s_lJ)79
173/4
103%
104%
Hartford
Power
&
103%
55
100
104
105
56
Light—
Electric
pfd__50
3.90c
103
51%
Narragansett
lo
Co
112
56%
Elec
3s
14%
1978
105
1978
104%
105%
3s 1979
104%
Y
State Elec
4% 7k
pfd
A
pfd_30
32 %
Gae—
North States Pow (Wise)
pfd—100
104%
105%
4.40%—100
110%
112/
105
107
106
108
(series 1949)—100
Pub
10
34%
36%
'5%.
(Colorado)
pfd_10O
Rochester Gas A Elec—
5%
.10
Ser
-
4 3,'8
(NY).
32%
*
107%
105%
" 106
,Ohio Power 3s
1978
105%
$4.75 preferred series G
106
Ban
Republic
52
106
Pub SeiV of Okla 4.65%
16%
93
5
Providence-Washington
England Power 3s
59%
90
5
10
Preferred Accident
New
105%^
104
Penn Pow A Lgt 4%%
Indemnity Co
Reinsurance Corp
(Texas)
Ask
51%
.
N
98%
25
Casualty
Bid
50%
•
pfd
4.28%-preferred
Kansas Power & Light—
29
6 s/8
?
Public Serv of Indiana 3e__1979 _103%
104%
Diego
4%%
Gas
It
100
Elec—
20
preferred
21%
21%
'30%
.'S
fltaten Island Edison—
12%
90
"Term Gas Transmission 3a—1963
93
Surety
lo
50%.
10
363/4
46 %
48%
15
Standard
10
35
37
15
5
Travelers
.790
815
10
U S Fire
10
TJ s Guarantee
101%
4.90%
preferred
100
106
108
3 8 3/4
10
101
53 %
(New Haven)
Springfield Fire A Marine
com
U
Plre
Hartford Fire
27%
12.50
Pacific Fire
Security
American
Hartford Steamboller
46%,'
'
Rutgers Fire
Great
pfd_50
Iowa Southern Util 5%%
Seaboard
._
preferred
Hanover
2%S
—5
Republic
2nd
44%
46%
.
St Paul Fire & Marine
(Hone
Power
60%
5
2
10
Duke
.10
.10
of Frisco
Ptremen's of Newark—
55
Central Hudson Gas A Elec—
—
2%s
293/4
Phoenix
—
Fireman's Fund
27%
Pacific
Inc-,
Pldellty & Deposit of Md.
65 %
52
Francisco
of Amer N T A 8 A__12%
Stocks—
Ask
1974
-
(Detroit)—10
Northern
-10
Group A
Reinsura
62%
Security issues
92
Peerless
Employees
20
Bank
92
650
.10
—;
Casualty
.__12%
Bank
87%
*
Connecticut General Life—
Continent hi
Casualty
Casualty
New Hampshire Fire
^•
A Shippers
'
243A
46%
Surety
.33
Trust
&
52%
A Co lac
City Bank.
Bank
,
13%
•
290
31
Peoples First National
44
Co
Trust
118%
_
A Casualty_5
2%
"
100 x270
17%
34%
114%
American of Newark
■
"
!
Detroit
National
Ask
5
10
23%
Automobile
T
32
277
:
100 1 ,480
United States Trust.
Bid
186
Cleveland
1,290
268
lo
i
Title Guarantee A Trust
Par
85
100
Savings
Trust
87%'
Trust__33%
National City Bank
34%
91
__10
Series 1956
!
56%
16
Bank
Irving Trust _x___
Kings County Trust
Lawyers Trust
North Amer Trust Shares—
A
10%
50
1
100
Industrial Bank of Commerce_l0
7.90
1
Northern
Central
9%
Guaranty Trust
2.50
Trust
&
Bank
Co
(White Plains, N Y).
Empire Trust
Shares—
E
Ask
200
Illinois
Bank
National
Harris
■
Trust—
A
Stamped
Corn Exchange Bank A Trust.20
First
Independence Trust Shares
First
51
Bank
Trust
Fiduciary Trust
Trustee
National
42%
131
40
Type Trusts—
Diversified
-
10
3.84
Unit
Continental
337
40%
126
20
Bank.
Bid
100 <190
Commercial National Bank A
17.11
Wisconsin Investment Co—1
Par
City Natl Bank A Trust
37%
18.79
.
322
.100
95%
9.90
17.22
X15.91
1
25%
35%
9.77
1
Inc—
>100
x_10
__
National
Continental
Whitehall
Fund
Companies
Ask
24%
'i
Wall Street Investing Corp
Wellington Fund
Merchants A Mfrs
American Fidelity
1.03%
15
18.26
1
Insur Co of North America
4
Equitable Assur
1.03%
bl.07.
92%
;
Home
>—10
Casualty
bl.07
1949
-s
Trust
Chemical
18.59
Maryland
American
1949
22,
Chase
5.80
Union Common Stock Fund
York
-25
American
15,
Dec.
Central Hanover Bank A Trust 20
73c
-10
Automobile
Dec.
1.00%
1.,
8,.1949
Chicago
Manhattan Co__10
Fifth Avenue
Bankers
20.82
1
A
Series' B ——————————1.
Series C
Par
American
0.97%
■
Brooklyn Trust
51.75
Street
&
i
1.01
Corp.*
State
York
49.20
-10
American Alliance
1.09%
Dec.
Bid
Par
New
49.20
(new asset value)_•
_10
Life
1.00%
1.09%
bl.07
Dec.
Banks & Trust
*■
?
Insurance Companies
Agricultural
bl.07
bl.07
_______
0.92%
0.95%
bl.07
Sterling National
Aetna
1.00%
bl.07
1949
1949
Public Nat'l
Surety-
25, 1949__
1.09%
bl.07
—
New
A
Ask
bl.07
—bl.07
15.99
National
Aetna Casualty
NOV.
1_.
1949—
15
1
27,
3,
Morgan
Aetna Insurance
0.90%
10,
17, 1949___
bl.07
_
12.16
5.70
5
Tobacco
0.88%
bl.07
1949—
13, 1949
Oct. 20, 1949
7.28
equipment
Bid
Nov.
Nov.
bl.07
1949.
Oct.
6.25
I
1
Railroad
Ask
Bid
17.79
1
Pacific Coast Invest Fund—1
Public
United States Treasury Bills
8.50
16.23
—1
Metals
Union Preferred Stock Fund
13.48
Fund—*
9.70
3-50
8.45
.
Sayles Mutual
Loomis Sayles Second
1.15%
7-
(Speculative Bonds).
1
8.86
pfd Stocks)
1
14.95
K-2 (Appreciation pfd Stks)_l v 20.49
8-1 (Quality common Stks)~l
26.09
8-2 (Income com Stocks)—1
14.07
8-3 (Appreciation com Stks)_l
10.74
8-4 (Low Priced com S'tks)—1
4.32
Loumu
1.15%
bl.30
1.35%
r
K-l (Income
Fund
bl.30
1.55 %
24.86
Trust
3-50
1-50
1.55%
22.79
Lexington
Due
1.10%
28.54
Fund_
12-
1.10%
27.30
Knickerbocker
Ask
1-49
2-49
1.10%
5.68
1
Bid
75-
bl.30
•
B-4
Dated
1.50%
1.55%
bl.30
4.26
1
Rate
1-49
1
10c '
Grade Bds)
B-3 (Low Priced Bonds)
1.10%
bl.30
1-49
4.68
4.95
B-2 (Medium
bl.25
1-49
12-
4.51
Bonds) _—1
3-49
Due
11-
Russell
(Investment
Ask
10-
1-
6.14
1-49
Republic
B-l
Bid
3-49
Dated
1.60%
9.97
5.60
1-49
2.53
E^ystone Custodian Funds—
9.10
1-49
7.71
>
.0442
2-
4.39
-
J 259
.
3-
3.99
Insurance Group shares
100.0245
4-
3.60
8tock and Bond Group
1950 wi——
1.50%
2.29
lc
lc
Investment Co of America
1
Investment Trust of Boston—1
Investors Management Fund—1
.
1,
.1185
.0716
1.65%
3.27'
shares.—.
!l%s Oct.
1950-.——— 100.0428
1.55%
Automobile
XtR
Bank Group
15,
Federal intermediate Credit Bank Debentures
Rate
Agriculture
Railroad Bond shares
*
UVeS Sept.
8.44
7.98
5.58
5
.1140
1950 ——100.1108
3.63
3.34
1
5.88
3.32
-Tulv
100.1049
3.04
Selected Group Series
1
Low Priced Com Stock Series l
,08«1
100.0883
*
1950.—:
4.82
5.38
,t1J/4s
1950-
1,
1950-;
1,
tl%s June 1,
100.0218
1, 1949—
6.85
5.77
lc
lc
.0531
tl%s Oct.
11.40
7.28
5.08
Fund
Incorporated Investors.
Institutional Shares Ltd—
Aviation Group shares
100.0450
100.0733
tl%s Mar. 1, 1950
6.25
5.26
Income Foundation
II%a Jan.
tl%8 Apr.
.0739
7.70
lc
lc
lo
4.36
Ask
Indebtedness—
Ask
Bid
-
100.0633
51.13
5.13
6.52
I
■'
(cont)—
1950—t
10.40
8.34
—
3.99
Bid
indebt
1.
1
7.61
Utility shares
.1188
tl%s Feb.
Aviation
8.91
Hows Plan Fund Inc—
100.0746
.1659
Bank stock
6.77
shares—lc
lc
II %s Dec. 15,1949-
■/>
of
100.1557
X*h%
11-
Investing Company shares—lc
Low Priced shares
......lo
shares
.Maturity-—
Certificates
Treasury Notes—
lApril l, 1950
1
1
7.83
7.15
9.35
Tobacco
wi_.
100
Price
Ask
Bid
6.84
4.41
7.45
C
Int. Rate
6.26
2.78
7.14
•
100.14?
6.38
1
6.79
shares.;—
-lc
-lc
Equipment shares——lo
Railroad stock shares
lc
Steel shares
1
lc
100.10
99.26
16.59
5.87
Petroleum
1957-1955
Feb
l%s Oct.
5.84
1
Fully Administered shares—10
General bond shares
lc
Industrial Machinery shares lo
•
1,
119%
118%
7.22
1
9.32
4.86
*
102.28
9.25
Industrial Stock Series
8.50
4.42
shares
100.14
102.20
6.61
Speculative Series
Machinery
Merchandising
Mining shares
100.8
1955-1051
X8.56
Stock Series
Insurance' stock
Institutional bond
1953-1951
1,
1
Series
6.02
5.23
14.94
5.87
5.54
,
1,
1
Stock
6.44
shares
l%s Jan.
100.5
1
England Fund
5.30
5.05
6.91
lo
Electrical Equipment shares lc
Food shares
lo
Chemical
-
14.34
York Stocks Inc—
7.06
lc
1952-1950
100
..
U. S. Geriificates of Indebtedness
Certificates of
Series
Low Priced Bond
New
16
lo
_
_
1,
1
Corp
New
lo '/ 6.44
Building shares
1%S May
1
Investors
5.44
Group Securities—
Agricultural shares
100.2
!
.
13.36
Security Series—
series
Income
1950-1949
1
Fund
National
Bond
/
1,
15.16
National
138
Ask
l%s Oct.
12.59
Fund
tfatlon-Wide SecuritiesBalanced
Bid
100.5
100.3:
—_
-1961
Maturity—
Preferred
Balanced Fund
t
3,610
5.48
Investment——1
Delaware Fund
-1
Dividend Shares
25o
Commonwealth
Baton
14.72
13.61
1
point
a
7.67
Interest—1
36.29
Christiana Securities com—100 3, 460
133
Preferred
/
100
100
1950_x_
Trust—
beneficial
of
32nds of
more
or
3.94
8.13
Ctfs
one
Federal Land Bank Bonds—
4.70
3.57
if-
2%s
.
15/1950—
15,
Ask
100.3
——
3.83
lc
21.73
2%
Sept.
Bid
Other Itstiet
3.26
lc
96.00
2
Bowling Green Fund Inc
Broad Street Invest Corp
2.95
lc
Metals
shares
92.16
America
Feb
1.35s
3.41
lc
Manhattan Bond Fund Inc.-10c
Steel
1.25s
3.65
Banks—
Loan
20, 1950
3.92
3.09
3.31
shares
Paper
3.55
shares—lc
shares—lc
Industries
Non-Ferrous
Home
1%» Jan.
3.31
3.32
shares
Business Equipment
Electrical Equipment
20.10
Corp
Bond Inv Tr of
Boston Fund Inc
Figures after decimal point represent
Ask
Federal
Home Furnishings
Axe-Houghton
Bid
Par
*
Managed Funds—
General
A
Beneficial Corp
Blair
Mutual Funds—
Par
Mutual Foods—
;
——10
8
Accident
100
-
Fidelity A Guaranty CO—2
4
56%
.
64%
/
58%
67%
a Odd lot sale
(not included in year's range). b Big yield price, d Deferred delivery sales (not
in year's range),
e Ex-interest,
f Plat price,
k Admitted to listing on N. Y. Stock Ex¬
change. n Admitted to trading N. Y. Curb, r Cash sales (not included in year's rangeK t Exllquldatlng dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, .wl When
Issued, x Ex-dlvidend. y-Ex-rights.
z Ex-stock dividend.
. "
"
-included
*
Westchester Fire
10
3
74
78"
*No
21%.
23,.;
H1949
par
value.' tin default. tThese bonds
adjusted (50% stock div. paid
range
are
subject to all Federal taxes.
on Aug.
31).
,v
-'""v/'
■
Volume
170
Number 4841
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1227)
THE COURSE OF BANK
CLEARINGS
Bank
clearings this
week
will
Preliminary figures compiled by
show
Week Ended
Sept. 17
1949
V'i
decrease
a
compared
with
a
year
ago.
1,324.402
total stands at
center
there is
loss
a
for the
week
summary for the week follows:
ended
,,
*
same
Friday of 6.4%.
'
'
v
,
-
Clearings—Retarns by Telegraph
Week Ended Sept. 24 V
;
v
1949
New York
988,000,000
475,714,227
City
3,460,109
895,000,000
2,860,185
8.3
3 209,099
1,011,000,000
—11.5
878 000,000
3.713,778
—23.0
5,916,071
2,988,860
2,909.039
4,175,753
13,255,287
12.565,897
6,735,955
"937,377,092
506,203,397
+
387,316,000
375,271,000
+
3.2
339,785,368
371,754,389
341,384,484
387,470,096
239,580.009
242,178,841
$11,160,839,346
$11,700,786,729
2,675,617,425
2,901,188,870
Baltimore——
-
*
-
All cities, one
-4- $13,836,456,710
day—
Total
our
issue of next week.
We cannot furnish them
are
(7
cities)
t
In the elaborate detailed
i
Virginia—Huntington—.
District of
Total
6.0
—
today, inasmuch
we
able
are
to
give final
and
complete
ending Sept. 17. For that week there
results
of
the
v/eek
loss of 9.1%.
a
ing to the Federal Reserve Districts in which they
that
appears
in the
New
York
District
going to
press.
falling off of 8.9%, in the Boston Reserve District
Reserve District of
11.2%.
of 6.8%
Reserve
Kansas
District
The Chicago Reserve District shows
of
and
from
totals
and in the
10.4%
and
the
in the
and
a
loss of
we
a
8UMMARY
Week Ended Sept. 17
: •
1st
OF
1949
f.
BANK
,
*
1948
Boston
12 cities
$
555,934,976
597,887,354
Inc.
838,563,997
3,118,464
—13.6
this
record
4,990,559
6,435,386
4
+ 13.2
3.1
+
9.0%.
In
>
3.9
2,924,095
11,337,000
3.8
152,581,884
—10.7
3,894,725
257,466,8t6
—
—
—
6.8
575,235,163
"
Wisconsin—Milwaukee
1.1
—
76,016,677
504,221,247
454,524,791 "
19.283,205
70.625,884
237,300,000
4,534,078
+
2.3
—
4.7
+
7.5
—22.5
2.6
5.2
2.2
+
0.9
8,212,768,191
—
8.9
7,330,053,079
8ioux City
^
6,896,508
67,149,000
>
7,783,303
1,055,499,999
—11.2
915,566,414
Cleveland
7
"
869,312,411
863,822,619
997,242,700
—13.4
779,987,797
•th Richmond
«
"
838,563,997
459,766,015
462,889,666
—
0.7
504,221,247
688.368,721
692,093,211
—
0.5
10
7th Chicago
"
2,853,121
71,508,179
93,411,483
485,664
5,772,740
327,347
104,629,516
124,096,659
0.5
620,562,663
600,978,220
—15.1
1,473,886
—10.7
10,102,421
15,5
5,220,550
5,398,663
53,297,000
5,032,446
1,203,574
9,551,537
4,418,110
4,586,479
46,033,000
4,499,444
—
—
—
—21.2
—
8.4
+
6.6
65,778,912
+
~3~.9
3,670,538
+
7,0
30,040,419
15,283,652
'
1,334,739
806,283,916
*
.
1,280,113
826,634,724
3,175,124
-
1.5
4.3
—
2.5
t
760,687,520
3,209,252
9,506,851
882,193
5.2
9,804,853 *
2,4
4,938,300
3,821,101
21
970,153,430
832,351,470
—13.9
284,100,000
130,017,019
—13.1
125,935,711
279,700,000
113,776,347
96,260,726
98,673,806
13,296,814
+ 11.0
—
-
,2,788,292
v
4,371,452
5,510,600
4,231,732
1,048,351,386
1,070,500,916
277,700,000
112,992,635
110,414,956
2.5
2,349,396
1,882,081
+ 24.8
1,777,657
1,372,430
503,456,987
562,095,301
—10.4
508,074,094
493,522,583
» 7,040,440
320,228,306
8,032,719
376,797,410
—12.4
7,867,437
—12.3
6,629,538
119,897,185
353,753,920
108,242,392
+ 10.8
8,396,590
96,169,604
8,909,304
255,201,372
76,779,337
4,655,560
4,621,818
4,916,640
'
•
t4
€20,562,663
Missouri—St.
—
+
3.3
Loafs—
Louis
Kentucky—Louisville
-
Tennessee—Memphis
Illinois—Quincy—Total (4 cities)-:
600,978,220
16
"
1,048,351,386
1,070,500,916
2.1
970.153,430
8th St. Louis
4
"
562,095,301
—10.4
508,074,094
493,522,583
Minneapolis
7
M
476,337,767
523,250,016
—
9.0
481,901,698
10th Kansas City
360,650,325
"
504,485,293
583,517,335
—13.5
517,065,190
Minneapolis™,
«
"
421,928,071
330,390,055
363,274,422
—
9.1
308,862,353
259,514,449
878.972,734
973,547,731
—
9.7
853,756,604
750,154,496
14,432,591,496
16,094,566,842
—10.3
14,365,440,632
14,448,626,438
,+
-
Minnesota—Duluth
10
—„
'.: r
107,696,201
+
,
832,351,170
503,456,987
9th
11th
Dallas
12th San
—
Francisco
10
Total —;
"
111 Cities
Outside New York City
7,248,263,645
8,194,750,598
I-
—
—11.6
now
add
detailed statement
our
Ninth Federal Reserve
North
'
Helena-
Total (7 Cities)
1948
$
$
Inc.
1947
$
5.9
494,997,461
2,023,481
1,213,474
New Bedford
$
999,257
1,774,661
Omaha
4,535,584
—
7.4
489,768,140
467,942,756
+
2.9
1,989,338
1,704,652
+21.4
790,978
698,148
2,285,517
+
6.0
1,967,164
—
6.5
6,676,794
,New Haven
6,214,804
26,963,662
11,549.821
Rhode Island—Providence—
29,209,600
—
Hampshire—Manchester
1,408,034
—
0.9
5,106,421
8.9
22,837,172
21,000,219
12,333,705
—
6,ji
9,403,127
9,514,456
34,528,400
—15.4
1,653,974
—14.9
28,849,800
r
•
556,934,976
New
Reserve Distrlst—New
York—Albany
3,335,148
Buffalo
——
■lmlra—"
597,887,354 '
—
6.Ka
41,626,477'
3,758,117
3,177,037
r
(10 cities)
$75,235,163
*
-
"
Cennecticut^Btarnford
New Jersey—Montclalr
-
",,
549,954,633
,.■>>'
2,483,238
583,517,335
—
4.0
409,254
!'
293,554
—32.6
577,748
414,107
7.0
6,938,431
5,801,523
—11.0
131,865,743
100,654,989
—
+ 20.1
6,972,255
6,066,573
2.9
290,317,148
1.8
10,735,910
344,244,803
11,210,580
+ 21.4
2,283,374
1,195,137
5.4
1,827,092
1,518,383
—13.5
517,065,190
421,928,071
4.1
7,336,097
217,448,000
—
—16.0
—
—
9,579,353
273,071,383
25,586,972
9,302,161
6,364,496
Galveston
,
+
—11.9
6,518,351
256,313,006
25,984.599
1.6
7,654,000
4,110,346
—15.2
3,058,357
2,434,951
13,027,776
—12.2
9,334,046
7,986,931
330,390,055
-
Wichita Falls
9,203,938
29,060,753
6,497,000
4,848,739
11,443,001
Fort Worth
363,274,422
9.1
308,862,353
259,514,449
300,636,216
6,599,000
—
>
—
Total (6 cities)
—
+
9.2
.
19,180,470
5,128,000
99,557,536
2,035,562
Twelfth Federal Reserve District—San Franelsee—
12,025,256
11,311,350
9.9
2,885,656
2,365,483
—11.3
—
92,313,881
3.0
2,101,603
Rochester
2,617,878
2,349,390
504,485,293
—;
—
Dallas—..
1,102,641
+37.3
—
2,401,151
7,184,327,851
Jamestown
Syracuse
88,288,945
1,975,428
New York
481,901,698
—
York—
57,163,997
—
Binghamton
7,231,023
14,515,309
390,932,344
11,583,219
——
Texas—Austin——————
28,870,700
1,535,984
>#»*■■,..
Federal
9.0
2,946,220
Eleventh Federal Reserve District—Dallas-
4,625,094
+
:
Second
144,817,268
328,326,145
"
Louisiana—Shreveport
Total (12 cities)
360,650,325
3.3
5,624,741
3,263,330
3,873,588
4,093,807
8,952,214
6,309,481
6,158,807
Connecticut—Hartford
10,205,787
0.7
2.0
2,010,351
8,734,137
29,357,732
—
715,673
14,097,951
Pueblo——
Total
511,993
8,109,390
8,687,976
—,
Missouri—Kansas City—
St. Joseph
Colorado—Colorado Springs
4,550,367
2,422,978
—
Worcester
—
Wichita—
1,625,768
8,162,967
—
491,747
———
Lincoln
9.4
—
2,081,932
—
Springfield
+
5,052,166
458,315,739
Lowell
New
2,100,790
-
4,756,135
Pall River
523,250,016
482,382
7,544,631
128,933,958
...
Hastings—.-——
1946
Kansas—Topeka
2,297,757
.
476,337,767
-
Nebraska—Fremont
or
Dec. %
First Federal Reserve District—Boston—
Massachusetts—Boston
11,729,733
7,191,128
+
—
—
city for the
Week Ended
Sept. 17
Portland
4,774,003
11,345,683
-
5.8
Tenth Federal Reserve District—Kansas
City—
1949
Maine—Bangor
—
—
6,649,959,967
week ended Sept. 17 for four years:
Clearings at—
Dakota—Fargo
South Dakota—Aberdeen.—.
'
each
—
Montana—Billings...
7,277,816,599
showing the figures for
District—Minneapolis—
St. Paul
'
.
We
7,899,816,244
—
22,290,623
22,436,809
—
1,712,466
9.1
0.7
—12.5,v 2,279,201
Washington—Seattle
127,341.961
1,271,896
1,628,887
7,798,666,471
17.373,644
16,485,516
14,528,646
16,029,572
—
9.4
10,762,237
9,779,060
11,673,060
13,493,849
—13,5
11,610,059
>
742,678
743,224
39,544,065
48.254,366
—18.1
Northern"New Jersey
53,344,742
62,615,284
—14.0
—
0.1
604,544
645,447
38,664,895
<
—
5.6
129,597,241
109,398,876
4,792,023
—11.8
4,895,077
197,265,968
—11.6
Utah—Salt Lake City
4,808,521
111,137,489
58,315.664
70,182,639
—16.9
182,848,146
57,295,876
California—Long Beach—
18,508,306
12,684,684
+ 45.9
10,458 812
13,463,963
9,502,281
+ 41.9
7,774,614
452,348,499
7,443,788
511,730,380
—11.6
432,874,453
16.307,943
436,123,257
15,407,787
5.8
13,556,198
12,187,046
Santa Barbara
4,971,984
5,348,135
9,108,850
11,778,922
—
Yakima
Oregon—Portland———————
Pasadena
San Francisco
——
——
San Jose
10,520,004
Ncwark
134.854,906
4,226.770
174,358,794
Stockton
78,989,668
7,087,624,033
^
+
46,370,194
9,672,558
7.0
4,479,724
8,977,622
—22.3
9,976,463
9,635,145
—
ZT
37,985,918
52,198.107
47,521,592
Total
(10 cities)
Grand Total
878,972,734
Outside New York
I
in.
^
973,547,731
9.7
853,756,604
750,154,496
14,432,591,496
(111 cities)
16,094,566,842
—10.3
14,365,446,632
7,248,263,645
8,194,750,598
—11.6
7,277,816,599
14,448,626,438
6,649,959,967
'
,.»Total (12 cities)
7,479,871,786
8,212,768,191
—
8.9
»
21,229,326
659,859,551
2,568,498
7,819,008
3,699,982
2,957,512
>'"■
5,378,502
-w--——_
+
<
50,326,853
3,663,754
28,246,770
14,325,320 >:
1,017,813
+ 15.2
+
A ■>+
60,334,741
322,500,000
3,525 949
12,602,734
t
454,524,791
8th Atlanta—
:
6.6
5.3
—
7,298,390
t
15,510,136
Eighth Federal Reserve District—St.
8,017,171,292
937,377,092
4th
4,614,742
76,458,524
,98,137,395
5,672,877
+
34,602,000
Illinois—Bloomington
Chicago
16,292,185;
63,602,758
218,499,000
3,435,520
—
—
68,362,702
3,928,105
—
Des Moines
549,954,633
7,479,871,786
"
-
8,928,000
0.7
3.0
+
$
11
ltd Philadelphia
2.322,839
148,177,201
3,556,459 1
218,675,242
72,865,050
t2.993.198
1946
$
1,583,188
12,528,953
=:■'* 6,142,249
61,506,000
+
Rockford-.*—
1947
692,093,211
5,437,336
Iowa—Cedar Rapids
the
7,105,149
489,904
|
...
,,
of
...
1,344,683
11,191,776
5,188,047
South Bend
Atlanta Reserve
4,217,233
92,478,901
118,055,122
134,580,026
—.
Terre Haute
12
2nd New York
3,924,361
6,196,509
District—Chicago-
Lansing
Indiana—Fort Wayne
Indianapolis
smaller
are
^94 077
688,368,721
Michigan—Ann Arbor
Philadelphia
19,918,979
464,090
Seventh Federal Reserve
a
13,188,000
7,166,966
Total (10 Cities)
it
V
169,914,225
3,874,815
125,746,039
Orleans
Total (16 Cities)—
or
779,987,797
115,514,515 V
Decatur
Dec. %
—13.4
227,700,000
Mississippi—Vicksburg
CLEARINGS
■
$
997,242,700
87,705^099
__
Springfield
Federal Reserve Districts
326,120,838
,81,112,511
;7-'
Louisiana—New
by Federal Reserve Districts:
summary
289,295,882
77,27l',634
Peoria
furnish
—14.4
244,800,000
Mobile
9.1% and in the San Francisco Reserve District 9.7%.
following
24,047,900
5,145,564
7,475,430
336,319,433
20.384 842
>
Florida—Jacksonvilfe
City Reserve District the decrease is 13.5%, in the Dallas Reserve District
In the
30,395,200
4,450,629
7.079,050
5,096,688
District—Atlanta—
Alabama—Birmingham
2.1%, the St. Louis
Minneapolis Reserve District
7,596,242
166,589,863
304,088,284
+ 13.9
462,889,666
Grand Rapids
the
In the Cleveland Reserve District the totals
by 13.4%, in the Richmond Reserve District by 0.7%
District by 0.5%.
located
288,070,346
—17.4
82,796,766
Macon-
We group the cities accord¬
are
152 708,839
—14.1
459,766,015
Augusta
previous—the week
(including this city)
7,987,851
—11.8
392,133,235
43,992,800
189,051,069
83,743,093
Columbia—Washington
(6 cities)
Nashville—
ings for the whole country having amounted to $14,432,591,496 against
$16,094,566,842
in the same week in 1948. Outside of this
city there was a loss of 11.6%, the bank
clearings at this center having recorded
7,731,242
204,444,996
3,459,185
194,749,486
Georgia—Atlanta
decrease of 10.3%, the
aggregate of clear¬
was a
869,312,411
2,694,841
12,674,000
,
Tennessee—Knoxvllle-.———
the week
as
present further below
we
915,566,414
163,391,737
Sixth Federal Reserve
has to. be estimated,
cases
—11.2
+
District—Richmond—
Carolina—Charleston
Maryland—Baltimore
836,732,586
statement, however, which
6,436 224
1,055,499,999
863,822,619
Richmond
not available at time of
Accordingly, in the above the last day of the week in all
9,617,515
5.6
237,910,384
Virginia—Norfolk.—
$14,507,520,024 $15,438,708,185
ends Saturday and the Saturday figures
5.5
7,706,668
Fifth Federal Reserve
1.1
—
Complete and exact details for the week covered by the
foregoing will appear
in
3.972 141
+
—
—
—11.9
$14,601,975,599
671,063,314
Total all cities for week.
5,661 373
5,823,912
Youngstown
South
Total all cities, five days.
2.906,083
—19.5
5,184,555
36,317,800
Pennsylvania—Pittsburgh
West
cities, five days
Other Cities, five days
1,347,914
1,076,436
2,747,319
831,000,000
2,810,823
4,620,849
2,075,478
3,322,759
14,233,636
2,284,480
180,371,064
8.6
—
927,687
2.7
336,888,568
Mansfield
1.5
2.9
—
—
9.4
8,804,223
;
Cleveland
6.0
—
301,106,746
Pittsburgh
~
Columbus
302,800,000
Cleveland
~
(11 cities)
Cincinnati
5.5
292,383,145
Francisco
Z
980,509
1.385 266
3.772,780
Ohio—Canton
+ 17.4'
—
1,166,546
+ 42.1
Fourth Federal
Reserve District—Cleveland—
6.4
—
307,300,000
8t. Louis
Ten
612,562,549
934,000,000
Philadelphia.
Boston
Kansas
«
$7,613,439,711
719,070,820
Chicago
San
1948
$7,124,305,293
T
New Jersey—Trenton
Total
5.5
—16.1
——Z
Delaware—Wilmington
-
$
1,130.888
„
Wllkes-Barre
comparative
'
1.400.864
—
1,170.172
,_3_
York
Our
'
'
At
1946
$
5,362,779
Philadelphia
Reading
preliminary
week in 1948.
1947
6,360,310
Scranton_
Our
year.
the
or
982,218
""
Chester
Lancaster
$14,507,520,024 against $15,438,708,185 for
Inc.
Dec. %
1,607,189
„
Saturday, Sept. 24, clearings
$
District—Philadelphia—
Pennsylvania—Altoona
States from which it is
possible to obtain weekly clear¬
ings will be 6.0% below those of the
corresponding week last
this
$
Bethlehem
cities of the country, indicate that for
the week ended
for all cities of the United
1948
\
Third Federal Reserve
based upon telegraphic advices from the chief
us,
47
7,330,053,979
\
8,017,171,292
•Sstimated.
tNot
included
in totals.
tNot available.
V
4
48
FINANCIAL
&
COMMERCIAL
THE
(1228)
CHRONICLE
Foreign Exchange Rates
PARTIAL REDEMPTION
Company and Issue—
American
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
rxt
tha
iirnrlH
Wg
to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world,
give below a record for the week just passed:
V
Pursuant to the
_
FOREIGN
■
,,
.
EXCHANGE
.
CERTIFIED
RATES
r
a
16,
1949
•
Al
„
Jiff
OF
SEPT.
TO
22,
1930
Value
Country and Monetary Unit
United
in
States
1st
Money
Ceylon, rupee
♦ 0
Lorillard
1st
.019925
.909090
.909090
1st
.909090
.890000
.889531
.893203
Free
.020060
.020060
.144963*
.144963*
.002854*
**
.002853*
Norway, krone
^Philippine Islands, peso
.262880
2.773102
straits Settlement, dollar
Sweden, krona—...
**
2nd
Ward
West
.193380*
.233629
Baking
Assets—
$
22,889,431
mortgage
ENTIRE
.561798*+
.561798*+
.561798*+
.531914*+
.531914*+
.531914*+
25-year 5 V2 % debentures, series A
Canadian National Ry. Co., 5%
guar, bonds,
1948
+
12,492
Telephone
146,170
23,104
535
16
advances
68,077
7,282
163,171
371
U. S. Govt, securities:
Bills
3.532,374:
Notes
Due
securities.
F. R.
Notes
Bank
of
—
—1,405,626
95,836
17,300,829
-4,705,863
72,748
-4,869,405
48
other banks
1
.132,640
-t_
items..3,092,213
premises.,
Other
896,031
237,000
17,154,074
securities—
and
from foreign banks
Uncollected
+
—1,546,400
7,538,200
Total U. S. Govt,
loans
—2,649,868
185,300
298,100
Bonds—
Total
44,136
5.785,400
——
—
32,872
assets-
Holdings of Treasury certificates of indebtedness in¬
$63,000,000 in New York City, $31,000,000 in the
San Francisco District, and a total of $157,000,000 at all
reporting member banks. Holdings of United States Gov¬
ernment bonds increased $29,000,000 in the Chicago Dis¬
trict, and $18,000,000 in the Cleveland District, and
4,159
—
151,327
-
Demand
deposits
adjusted
assets
44,399,419
posits
credited
domestic
to
banks
increased
U.
—
gen.
15,759,802
~t-__748,487
562,103
acct.
801,350
467,234
434,507
Treasurer
8.
acct.
12,577
Foreign
Other
527,440
—2,934,211
—
+
18,159
+
17,523,099
Deferred
availability items.
liab., incl. accrued divs.
Other
64,133
2,760.206
—
10.033
in
+
400
and
liabilities
43,541,758
—
155,143
Capital
Other
Investments—Total
+
318
Commercial, industrial,
loans
Loans
Other
97,827
capital
13,171
S.
brokers
7,141
+
accounts
+
3,733
+
—
dealers
for
Government
securities
for
S.
—
U.
Satio
151,327
—4,032,946
gold certificate re¬
serves, to deposit and F. R.
note
liabilities
combined
Contingent liability
ances
on
trial
0.3%
7.2%
+
accept¬
3,311
make
1,195
+
+
2,535
indus¬
loans
-
1,143
191
—
5,168
—
Condition Statement of Member Banks
The condition statement of
banks of the
shows
the
weekly reporting member
Federal Reserve System in leading cities
following
principal
changes
for
ended Sept. 14: Increases of $319,000,000 in
the
United
States Government
deposits, and $203,000,000 in demand deposits credited to domestic banks.
Commercial,
creased
industrial,
in all districts and
and
a
agricultural
total of
loans
in¬
District, $17,000,000 in the Boston District, and
258
3
__
19
+
46
+
16
+
251
+
101
+
7
—
4
of
indebtedness—
with
+
21
+
290
'+
216
+
2,850
3,229
+
12
+
741
+
157
+
2,459
6,633
1,129
4
—
26,603
+
51
5,038
+
H*
273
817
Reserve
domestic
Banks
+
banks
-
46
2,347
+
117
+
520
+
70
12,096
vault
Federal
—
+
—
+
—
1,541
1,191
563
1,613
14
193
1
397
Oct
1
400
Oct
1
792
Oct
1
112
Jan
46,930
15,272
S.
deposits, except Government
Government
Then
follow with
we
1
696
deposits
——
516
+
377
+
992
2,311
+
237
9,471
News
+
Foreign banks
Borrowings
203
1,335
188
Debits to demand deposit accounts, except
interbank
and
U.
S.
Govt,
accounts,
during week
30
—
113
+
Aberdeen
Company
Petroleum
(quar.)
l'/2c
Corp., 6% conv. preferred
Affiliated Fund, Inc
Affiliated Gas Equipment, Inc
Paper Mfg.,
7% preferred (quar.)
Fire Ins. Co.
Extra
Coach
&
&
+
85
including
those
called
under
5%
called
sinking
bonds, notes,
for
redemption,
fund
provisions.
page
NOTICES OF TENDER
Terminal
Heller
Sugar
Co.,
1st
Date
4% bonds, due
preferred stock
Co., 5Yz% preferred stock
mtge.
Associates,
(Walter E.)
10-14
15c
(Pittsburgh)
11-
1
10-
1
$1.50
(quar.)—
10-
1
9-20
10-
1
9-20
25c
(quar.)
5c
France
Arrow-Hart
Associated
4y2%
&
9-20
10-
5
9-20
9-30
15c
10-10
10c
50c
11-
1
10-
1
25c
(quar.)
Foamite
Co
10-
1
9-20
9-30
10-14*
-
9-23
9-21*
9-30
9-20
10-15
9-30
10c
9-30
9-17
15c
...
9-20
$1.25
(quar.)
9-30
133,ic
10-10
9-30
+56y4c
Hegemen Electric Co
50c~
$22.% c
(quar.)
5%
preferred
(quar.).____
Atlantic City Sewerage (quar.)
Wedge
Mining
Attleboro Gas Light
Auto
9-20
5
11-
1
10-
1
10-11
9-23
11-
1
10-15
11-
1
10-15
10-
1
Telephone Co., Ltd.—
preferred
Atok-Bid
9-20
9-29
10-
25c
Co.
Corp.
(quar.)
Ampco Metal, Inc.
9-29
9
$1.75
Casualty
Manufacturing
9-
25c
(quar.)_
Angerman Company
Anglo-Canadian Telephone Co.—
4y2% preferred (quar.)
Finance
+25c
20c
Co
(quar.)
Co.,
9-23
lc
common
10- 5
9-23
$2
...
10-
1
9-15
37V2C
(quar.)
preferred
10
1
9-23
68%c
10-
1
9-23
60c
Automatic
Firing Corp., 6% preferred.
Automatic Voting Machine, common (irreg.)
$1.50 convertible preferred (quar.)
Automobile Banking Corp., common
(quar.)
10-
1
9-23
10
5
9-24
10-1
9-20
9-20
37*/2C
37V2C
Class
A
(quar.)
,
5c
10-
1
5c
Extra
10-
1
9-20
5c
convertible
preferred
Locomotive
Works
1
9-20
10-
1
9-20
3IV2C
(quar.)
10-
5c
Extra
10-
1
9-20
25c
10-31
Co.
(quar.)
5c
10-14
9-30
Corporation
(quar.)
40c
11-
1
10-15
75c
11-
1
10-20
$1.50
Stockyards, common (quar.)_
50c
(quar.)______
—75c
Ben-Hur Products, $1.75 prior preferred
75c
11-1
10-20
$1
10-1
9-23
Beverly Gas & Elecjric (increased quar.)___
Binks Manufacturing Co. (quar.)
Birdsboro Steel Foundry & Machine Co.
Birmingham Fire Ins. Co. (Ala.) (quar.)—
75c
9-30
9-22
Brothers
(quar.)
Apartments, $3 prior pfd. (quar.)
1st preferred (quar.)
$6
Belt
Railroad
6%
1952
<
Page
Sep 27
-Oct
4
*
•
Sep 26
898
preferred
Bloomingdale
Brothers,
Bobbs-Merrill
4V2%
Brandon Corp.,
(quar.)
(quar.)
9-26
10-13
10- 3
9-15
$1.12V2
—10c
10- 1
9-20
9-27
10-1
9-22
$1
5%
non-cumulative
California
6%
preferred
Oregon Power,
(quar.)
preferred
4.70%
preferred
(quar.)
conv.
(quar.)
10-
10-15
9-15
1
9-23
40c
$1.25
pfd.
(quar.)
(quar.)_
common
9 27
10- 6
50c
Manufacturing, 4V2 %
9-20
10- 1
10- 1
10-25
Brandtjen & Kluge__.
Co.
1
10- 1
15c
15c
class A
Bridgeport Hydraulic
Brinks, Inc. (quar.)
10-
10- 7
40c
70c
Inc
preferred
Bowling Green Fund
Bush
Company and Issue—
Eastern
10- 5
Bessemer Limestone & Cement Co. (increased)
number gives the location in
the current volume (except where indicated) in which
the details were given in the "Chronicle."
Bush
10-20
9-26
$1.75
Products
preferred
Baldwin
20,445
The date indicates the redemption or last date for mak¬
ing tenders, and the
9-15
12'/2c
$1.50
list of corporate
stocks
9-26
1
American Spring of Holly, common (quar.).
5% convertible preferred (quar.)
American Telephone Co. (Kansas)—
American
101
Notices
a
1
(monthly).
Corp. (irreg.)
334
—
Redemption Galls and Sinking Fund
common
10-
10-
7c
Beaux-Arts
and
1
2y2c
Body
Fidelity
Home
Holder9
10-
37J/2C
(quar.)_
_
American
When
Payable of Rec.
20c
pfd.
6%
American Air Filter, common
$7 preferred (quar.)
Baystate
Below will be found
are:
Share
Extra
Bartgis
preferred
table in
Department" in the week when
,
Interbank demand deposits:
Domestic banks
second
■
8
—
a
previously announced, but
Per
Name of
5V2%
Demand deposits adjusted—
$164,000,000 at all
reporting member banks; the principal increases were
$48,000,000 in New York City, $27,000,000 in the San
Francisco
452
+
37,594
securities—Total
loans, $216,-
ties, $520,000,000 in demand deposits adjusted, $237,000,in
+
248
week
000,000 in holdings of United States Government securi¬
•000
2
—
4,140
Cash
O.
purchased for foreign
to
2,012
Liabilities+
Jan
stock
The dividends announced this week
American
—
488
Time
57.5 %
correspondents
Commitments
777
25
_
215
bonds
in
837
carrying:
bills
Balances with
of
857
obligations
loans
Government
S.
2,576
4,202
Treasury certificates
Treasury notes
63,435
•—
164
+
646
or
loans
Reserve
~
980
882
are
show the dividends
American-La
obligations——
Other securities
44,399,419
1
1
this issue.
Investment
American
...
purchasing
Government
estate
Treasury
+
—
pur¬
Loans to banks
18,522
—.
156,439
S.
and
Other securities
U.
-
in
Albermarle
carrying:
or
loans
U.
5,901
27.543
491
Corporation
and
•
and agricultural,
...:
to
chasing
70,184
+
466,711
873
1
Oct
collateral trust certificates
week.
we
Allemannia
319
+
—4,122,044
83
+
1
Oct
Oct
Alabama Fuel & Iron (resumed)
605
+
23,967
33,306
Accounts—
306,968
1969
declared.
1948
(In millions of dollars)
66,294
Other
Capital paid in—
Surplus
(Section 7)
Surplus (Section 13b)
393
685
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
nearly
1949
23.662
>
we
which
Sept. 7,
Loans—net
Real
Total
30
14
Nov
:
due
.
Assets—
634,762
—
Page
Oct
Warehouse Co.—
Aerovox
1949
—3,465,483
14,867
•—
929
grouped in two separate tables. In the
bring together all the dividends announced the
current
(+) or
Dec. (—) Since
Other
deposits-—
first
Inc.
U.
Total
1
DIVIDENDS
member banks follows:
39,934
Deposits:
Member bank—reserve
4%
Dividends
Borrowings increased $91,000,000 in New York City,
$36,000,000 in Chicago, and a total of $113,000,000 at all
reporting member banks.
A summary of the assets and liabilities of
reporting
Loans
75,743
!
Co., mortgage bonds, due 1951
Power & Transportation Co.—
•Announcement
all districts.
Loans—gross
23,248,420
Terminal
United Rys.
$321,000,000 in
New York City, $35,000,000 in the Boston District, $31,000,000 in the Dallas District, and by smaller amounts in
nearly all of the other districts. United States Govern¬
ment deposits increased in all districts, and demand de¬
-4,032,946
Liabilities-
Federal Reserve notes
833
Oct
Telegraph Co.:—
mortgage bonds, due 1958
United
increased
Sept. 14,,
Total
538
3
Sep
Scullin Steel
$22,000,000 in New York City; the net increase
reporting member banks was $51,000,000. Holdings
$53,000,000 in New York
City and a total of $70,000,000 at all reporting member
494
I*
18,567
—
19,840
54,774
7
+
122,130
-
113,088
403
1
of "other securities" increased
833,684
—
pfd. stock
General Fireproofing Co., 7%
preferred stock
Mickelberry's Food Products Co., $2.40 pfd.
Russell (F. C.) Co., preferred stock
$14,000,000 each in Chicago and in the Atlanta District.
$16,000,000,
Real estate loans increased
banks.
—
&
at all
901,761
+
1
decreased
$
—
1973—;
County Gas Co., Atlantic Highlands, N. J.—
1st mortgage bonds, series
A, due 1952
creased
+
Oct
Oct
stock, ci. A & B
depends upon type of merchandise.
38,001
498
CALLED
.531914*+
Sept. 22,
*
1
Oct
Company and Issue—
2.783750
2.783750
ISSUE
.561798*+
36,418
Industrial loans
Certificates
due
Associated
278,659
and
2Vz%,
.588235*+
1,583
cash—
Discounts
A,
.588235*+
23,440 028
reserves
series
.588235*t
550,597
ctf.
gold
bonds,
.588235*1
R.
...
Total
Other
Co.,
Aetna-Standard Engineering Co., 5%
American Bemberg Corp. preferred
$
1
Oct
Utilities Co.—
2.801171
(—) since
985
Nov
bonds, due 1971
.658300*+
1949
7
Date
3Va%
2.800625
Sept. 14,
1949
1086
.
mtge. bonds, due 1952_
5J/2% debentures, due 1970
.658300*+
crease
Sept. 21,
15
Corp.—
.658300*+
dollars)
984
983
Oct
1st),
.561799*t
of
1
1
1975—Oct
Oct
2.801160
+ Application
due
preferred stock
2.783750
Increase ( +) or de¬
notes
B,
.531909*t
.....
thousands
F.
series
.658300*+
Reserve Banks Combined
for
bds.,
2.783750
Statement of Condition of the 12 Federal
fund
$4
.233622
5%
."Redemption
3>/4%
.588223*+
•Temporarily omitted.
certificates
debs., due 1958_Oct
Co.—
Towers
Distribution
Cold
1084
2.800416
Closed
4.007500
——
peso..;...———
*
1
4.027539
Africa, pound-—-.
Kingdom, pouiid sterling
Uruguay, peso
Uruguay, peso..
Uruguay, peso..
(in
886
.Oct
Ltd.—
.193351*
.233622
1
bonds, due 1956.
Inc., 15-yr. 3V4%
mtge.
(now
Texas
1st
.193423*
1
.658300*t
Union of South
United
*
00
ref.
Street
4%
*0
.233629
.233629
i
29th
.034965*
00
Co.,
& Co.,
Water
and
886
Oct
bonds, due 1975_Oct
Co.—
mortgage
Haven
885
bonds, due 1974
Union Depot Co.—
1st & ref. mortgage series B
.497340
.034963*
00
**
.278228
i—
.
.497380
.497380
«e
.469266
Switzerland, franc.
rate.
.497300
.040036
...
1st
1
Light Co.—
Service
Electric
•
1963—-Oct
debentures, due
17
Saint Paul
.140154*
.140154*
3%
20-yr.
&
Oct
—
2.773308
0 6
Co.,
Power
Public
Paper Co.—
bonds, series B__
&
Light Co.— :
.(v
mortgage 4V4% bonds, due 1972—
Raymond Concrete Pile Co., $3 preferred stock
Safeway Stores, Inc., 5% preferred stock
.262887
2.773308
«. *
.497400
Portugal, escudo
•Nominal
.155718
.201580
stock
1st
.155718
.115718
2.772689
Closed
preferred
&
ZVz'k
Pillsbury Mills, Inc.,
Puget Sound Power
**
OO
.115718
3.987620
...
983
4¥2 %
mortgage and collat. trust 27/s%
Gen.
*0
M
,
**
.376042
...
New Zealand, pound..;
.002857*
»•
.115718
Netherlands, guilder....
Uruguay,
**
.301678
A
884
(P.)
4V2%
New
.003022*
...
....
India, Dominion of, rupee
Mexico, peso
881
series
1
Mayer (Oscar)
»*
• 0
-r»
.020060
**
.004671*
880
1
mortgage 3%
Maine
.054406
.054406
(Metropolitan), franc—
Official..
879
1
Co.—
bonds,
Power
mortgage
Louisiana
.019925
• 0
*«
.054406
1st
2.731905
2.231739
2.231905
.020060
.020060
.208535
1
1
mortgage 3%% bds., series D, due 1969_Oct
Light Co., 3% debentures of 1937
Oct
ref.
**
**
.301166
Denmark, krone
3% bds., due 1974_Oct
debentures, due 1965—Oct
due 1958
Oct
debentures,
103
• 0
■
Czechoslovakia, koruna
394
1080
**
»*
.945267
1
Electric
*»
1.000000
j.
France
and
St.
Maritime
Free
*
Oct
'
I
John
Canada, dollar—
Official
1078
1
Co.
3 %
gold
Inc.,
Hartford
.054406
.054400
15
—Oct
Mills,
Lake
*»
.021900
Foreign "bank notes" account
Oct
Nov
15,
1
**
«*
.022750
Belgium, franc.
Brazil, cruzeiro
1078
1969
stock
Oct.
Oct
**
2.231407
Closed
3.209160
5%
5V2%
* •
.200000*
-
——
America,
Terminals
*»
.251247*
—
mortgage
1st
$
$
of
**
**
.297733*
1
15
preferred
Machine
&
Co.,
Union
River
Page
Oct
Gulf, Mobile & Ohio RR.—
Sept. 22
Sept. 21
$
$
$
$
"regular" products.:
For "non regular" products
For certain industrial products
Australia, pound.——
Sept. 19
Sept. 17
Sept. 16
For
Corp.
Service
Cleveland
Dan
Argentina, peso—
Foundry
5%
1962
mortgage 5s, due 1954—;
Birmingham Electric Co., 1st mtge.
Celanese
Sept. 20
due
Corp.,
15,
1st
Cable Transfers in New York
Buying Rate for
debentures,
Viscose
Bethlehem
Date
Co.—
debentures, due April
25-year 3%
Cities
Noon
3%
American
INCLUSIVE
1949,
Tobacco
20-year
A
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
FEDERAL
BY
SEPT.
A
Monday, September 26, 1949
(quar.)
10-15
9-30
9-26
9-16
28VsC
31 Vic
10-1
9-16
10-
9-16
40c
$1.50-
16-20
$1.17 Va»
1
10-15
10-15
9-36".
•
9-36
8-36.
Volume 170,
????.'i?;1,
Name of
California
Number 4841
Company
Portland
THE
? "V
When
per
:???■?'.'
Cement
Share
Co.
(quar.)
Holders
COMMERCIAL
Name
10-25
10-14
50c
11-
10-10
11-
10-15
$30c
11-
10-15
+$5
10-
9-30
(Bait.) (quar.)_
15c
Carolina, Clinchfield & Ohio Ry. (quarj"~
$1.25
Carpel Corporation (quar.)
??■ 25c
Carey (Philip) Mfg. Co., common
(quar.)___
" 40c
5%
preferred (quar.)
?
" $1.25
10-
9-21
Camden Fire Insurance Assn.
Canada Iron
(s-ai
Foundries, Ltd.,
_____
common
6% non-cumulative preferred
Canada
Life
Assurance
(s-a)___
i.quar.)_J_
Cannon Shoe
__
5% preferred (quar.)___
Centlivre Brewing Corp
9-21
9-16
Johnston
Joyce,
9-30
9-16
10-20
Kellogg
10-20
Kellogg Switchboard
25c
10-31
10-
7
5%
25c
10-
7
Kendall
10-14
10-
1
Kirkland
9-28
(quar.)-.
com.
40c
10-15
■-???■
(quar.)
10-
1
1
50
10-15
10-
90c
■
;
12-. 1
11-15
non-cum.
convertible
preferred
(quar.)
5%.
preferred
Chemical
Chicago
of
Beneficial
9-30
11-
10-10
1
Union
Stock
15c
10-
$1.50
Cleveland
9-17
1
10-6
11-
1
10-
6
10-31
30c
Clinton
.
(quar.)
$1.25
Union Stock Yards
Trust
<N.
Co.
Y.)
10-
(quar.)
10-
1
9-23
62c
10-
1
9-15
10-
1
9-15
5c
10-
$2.20
preferred
preferred
(quar.)
Printers
Consolidated
v
$6
1st
preferred
9-26
10-18
10- 4
11-
10-
1
5
1
10-
5
47'Ac
11-
1
10-
5
25c
10-
1
11-
55c
(quar.)
Machine
1
Tool—
10-
$1.50
<quar.)_
9-22
1
Royalties, Inc.—
Patricipating preferred (quar.)
Consolidated Royalty Oil, common
Consolidated
Textile
Co.,
Continental
Car-Na-Var
Continental
Insurance
Cottrell
6%
(C. B.i
Telephone
Tire
&
Steei
Diocesan
Disher
$1.50
Co
Dominion
5%
&
$1
10-
1
9-20
10-
1
9-20
$$5
10-
1
9-30
(quar.)——
$1.50
Douglas
Oil
1
10-14
11-
1
10-14
Co.,
Elgin
Sweeper
Elizabethtown
&
(quar.)
Co.
(quar.)
Consolidated
9-14
9-24
Class
McPhail
Medusa
5%
Electric
class
Fund
Fireman's
Firestone
Public
Florida
4%%
Gas
Fort
Worth
Radio
Fostoria
Steel
Telegraph
Frontier
Fund,
Products,
<D.
convertible
Funsten
E.)
(R.
preferred
10-
9-22
1
30c
10-15
10-
10-31
10-14
5
Tank
Co.
Gas
&
$3.60
prefeired
Northwestern
10-
1
9-26
10-
1
9-22
10-15
9-30
10-
1
9-21
Osborn
10-
1
9-21
10-
1
9-21
5
$1.18%
10-
1
9-26
$2
10-
1
9-30
15c
10-
1
9-22
15c
9-26
9-23
9-30
15c
—$1.25
11-
Oglethorpe Fund,
Oilgear Company
Gordon
Halle
Co.,
Electric
Haverhill
7%
Steel
Holophane
Company,
Honeymade Products
Houdry
Process
Houston
5%
5'A%
Oil
Corp.
Field
Industrial
&
Bank
Chemical
10-
1
9-28
1
11-15
10-25*
11-
1
10-10*
10-
1
10-
1
Cement
1
9-29
1
9-24
9-30
9-20
9-30
of
$1,50
60c
10-
!:■
5
9-26
9-19
9-29
10-15
10-
9-30
7
9-22
45c
1
9-23
25c
S**£J!,iF
10-
10-25
9-30
50c
35c
lc
—50c
—12c
*
10-
9-23
1
10-10
10-25
11-
10-10
1
10-25
9-30
9-30
-
9-30
9-22
9-22
50c
10-20
51.25
$1.37'A
9-30
9-20
9-30
9-20
10-
1
Co.—
(N.
Co.
pfd
Wico
10-
1
75c
10-
1
75c
10-
1
11-
1
11-
1
10-14
10-
1
9-30
10-
1
9-20
50c
10-
3
9-27
quar.)
50c
(quar.)
'
(quar.)
1st
1
9-21
9-19
10-15
9-30
10-
Inc.
(quar.)________
redeemable preferred
Reliance Life Insurance
Cos.
Co.,
common
A
;Richman Brothers
Metal
(quar.)____^
Company,
common
$1.25
partic.
Rochester
Russ
Button
Co.
St.
\
\
(accum.)
9-15
11- 1
10-15
9-26
Admiral
9-30
9-20
9-24
pfd. (quar.)
preferred (quar.)
Paper Mills, Ltd.—
(quar.)
2nd
preferred (quar.).
preferred
Savannah
5%
&
Atlanta
preferred
Scarfe
&
Class
Ry,
1
9-19
Aetna
9-30
9-19
Aetna-Standard
1
10-15
10-15
,10-5
10-25
10-10
1-1-50
12- 9
10-i
4
$18%c
4
10-25
10-
4
$60c
10-25
Corp., common
_/
(quar.i
Extra
Shaffer
—
Stores,
5%
preferred
Association
(quar.)
Extra
Simplex Paper Corp. (quar.)
Smyth Mfg. Co. (Hartford)
(quar.)
(s-a)
preferred
Alabama Power
Allen
$1.25
10-10
5
9-20
&
Super
Electric
&
Equipment
$2.50
9-23
Allegheny-Ludlum
9-23
Allen
Allied
Laboratories,
1
9-20
Allied
Paper
10-
(Quar.)
Inc., common
preferred (quar.)
9-23
1
10- 1
10-7
9-10
0-23
9-30
9-30
9-10
9-1#
5c
conv.
1
1010-
Co.
Extra
Allianceware,
10- 3
5c
$2.50
5
1
15c
20c
10-
10-10
10-
1J-JI
$1-50
12-10
50c
S- 2
$2.53
$1.05
$3
$1.50
37'Ac
$1.06'A
2%c
—
12-10
$1.25
1
9-30
12- 1
50c
———_____
(s-a)
12-10
7'Ac
Alabama
Albers
D-.XT
9-2
9-13
13%c
34%c
1
Extra
5%
12-28
7'Ac
^
_/
Common
1-3-50
1
10-15
9-15
9-30
10- 1
10- 1
10-
-
i
1-3-50
10-15
11-
9-15
10-10
Industries,
Steel
Corp.
Inc.___
Mills
Inc.
'
_
par) (ac,jp.um.)
preferred ($25 pafc) (accum.)
Canton & Youngstown RR.—
31 '/4C
9-21
1
$10c
(quar.i
1
11-
10-10
75c
25c
Co., 4.20% pfd. (quar.)
Vtcksburg Ry. (s-a>
Markets, 6% pfd. (quar.)____
Alden's, Inc., common (quar.)
4'A% preferred (quar.)
10-
$20c
(quar.)
:
preferred
10- 4
?
9-18
0-19
N. Y.)—
(quar.)
conv.
Akron,
,t
9-30
'
—
Corp.—
preferred ($10
5'A%
$$1.50
10- 1
Co.
—
Corp.
7
9
9-1
0-1
50c
Manufacturing
9-7
Foods
5'A%
10-
$1.25
class A
Ainsworth
1
*01.25
$15c
Co
Surpass Shoe Stores
Agricultural Ins. Co. (Watertown,
? Quarterly
Airlines
*
Insurance
Agnew
10-25
Co.—
Common
5%
Life
Engineering
preferred (quar.)
10-25
(quar.)
Securities Acceptance
Casualty & Surety Co. (quar.)
Aetna Insurance Co. (Hartford)
(quar.)
10-
50c
(quar.)
Company, Ltd.,
B
—
Corporation
1
10-
10- 1
10- 1
20c
62'Ac
40c
(quar.)_;—
Corp.
Holder*
75c
preference (quar.)____—
Manufacturing Co. (quar.).
D.)
10- 1
Ltd.—
partic.
10-
Lawrence
$2.40
A
(J.
$50c
2nd
$6'1st
Class
Adams
When
Payable of Rec,
$25c
25c
50c
Aetna
11-
9-26
9-15
9-15
$25c
$37'Ac
Paper Co., Ltd., common—
Extra
9-30
10-28
$$1.06
pfd.! (accum.)
40c
(quar.)
5c
&
(quar.)
Acadia-Atlantic Sugar Refineries,
9-15
50c
10- 1
10- 1
1
10-
Share
preferred
11-15
' $1.25
(quar.)
Sagucnay Power Co., Ltd., 4'A%
St. Lawrence Corp., Ltd.—
$2
1st preferred
(quar.)
75c
Laboratories
Power
?? $1.50
5%
class A
9-20
9-36
9-20
give the dividends announced in previou*
Extra
Abitibi
10-1
Co.—
Building Co., 6%
Abbott
10-1
15c
10- 3
12-15
9-16
9-10
9-23
9-23
1
10-
$1.75
50c
62'Ac
—
:__
of Company
$1.50
(increased)
10-15
1-3-50
9-15
10- 1
9-30
9-30
10- 1
10-15
9-30
75c
(quar.)___
(quar.)
we
75c
Corp.
9-30
10-14
9-19
50c
$1.25
3c
$1.50
25c
30c
$2
$1.12%
com.__
10-16
11-1
Per
Name
75c
(quar.)
Products
Cement
fi-26
10- 3
preceding table.
75c
Co.—
10-1
10-14
50c
31'Ac
50c
(quar.).
(quar.)
Addressograph-Multigraph
Rhindlander Paper Co.
Rhode Island Electric Protective
9-20
10- 3
11-12
$$1.75
$1
(quar.)
Massachusetts
Below
$25c
(quar.)
9-26
9-30
weeks and not yet paid. The list does not include divi¬
announced this week, these being given in the
3c
(quar.U
9-30
10-14
11-25
dends
50c
(Pittsburgh)
(quar.)
9-26
9-28
50c
& Telephone—
(initial
quar.)
preferred
8%c
(quar.)
10- 1
10- 1
$1.25
50c
(quar.)
Brothers, common.-?.—preferred (quar.)
5%
'
9-24
$1
8-36
8-30
9-20
8-36
10- 5
10-26
9-21
$1.25
(accum.)_
9-36
9-30
9-30
9-30
9-30
10-15
11- 1
25c
preferred
Younkers
9-22
45c
preferred
Electric Co
10-15
10-30
$1.50
(quar.)
'
(J. S.)
7%
10-15
87'Ac
preferred
$5
Co.,
preferred
Young
9-21
$1.06'A
A
Co., 8% pfd. (quar.)
Wisconsin Gas & Electric, 4'A% Pfd. (quar.)
9-23
2'Ac
10- 3
11- 1
$1.50
class
Electric
6%
9-19
1
■
Shawmut
$$3.75
75c
(increased
Water
Security Storage Co.
-r*-—
Commerce
Union
Rayonier,
9-20
common—5c
$3
9-30
10- 1
10-15
Co.—
Will & Baumer Candle
3
10-
(special)^
Reed Drug Company, common
Class A (quar.)
Reitman's (Canada), Ltd.—
5%
9-20
9-30
10-
10c
ru.—•.
(quar.)--
Corp..
35c
(quar.)
common
Insurance
Western Tablet & Stationery Corp.,
5%
preferred (quar.)
Westgate-Greenland Oil
(quar.)
Westmoreland Water, $6 pfd. (quar.)
9-22
37'Ac
Co.,
(quar.)
preferred
5%
9-22
10-
9-29
10-
10c
(quarjmr
Quarterly
Gas
9-27
9-27
10-28
10-21
Imperial Life Assurance Co. of Canada7
Indiana
25c
12- 9
10-15
62'Ac
30c
20c
62'Ac
(quar.)
Common
9-30
50c
1-2-50
87'Ac
Light
Western
9-30
(quar.)
10-15
10-11
10-11
Cuba—
(quar.)
Brothers
preferred
Western
9-30
10-20
10-15
'25c
of
Co.
Engineering Co
West
Kootenay Power & Light—
7%
preferred
lquar.)__
West Virginia Pulp & Paper
(year-end)—
9-30
10-10
10-15
15c
$25c
pfd.
Material
10-10
20c
(quar.)__
11-1
?
11- 1
11- 1
11- 1
5c
5c
Inc
Sugar
Wellman
9
9-28
$25c
'
—-
preferred
(quar.)
preferred (quar.)
9-
9-19
9-28
$75c
?'
(quar.)'
Extra
9-26
10- 4
Rieke
.
,
50c
Riverside
pfd.
Inc
(quar.)
(irreg. 1
10-10
$1.31'A
Pickering Lumber Corp
Pittsburgh Screw & Bolt Corp.
9-20
——„
Corp.,
9-30
25c
10- 7
11-
Co.—
9-30
9-20
(quar.)
$1.25
'9-20
9-20
1
10-10
(quar.)
(quar.)
1
9-30
10- 7
5c
(quar.).._,
Mining
&
(quar.).
Weatherhead
10-14
1
75c
Co.
9-28
9-30
1
Co
Products
9-30
9-30
10-10
10-
6%
Development
9-30
10-15
10-29
10-
•
preferred class A
10-15
90c
$1.65
(quar.)
25c
10-25
(increased)
Hayes Industries, Inc. (quar.)
Hercules Cement Corp. (quar.)——
Holly
9-30
10c
25c
Haverhill Gas Light
Hercules
9-23
10-20
17%c
common
Permanente
10-10
conv.
$2.40
10-14
3
Perry-Fay Company
10-25
(quar.)—
Brothers
9-10
1
10-
9-30
10-
common
(quar.)
GrandIndustries, Inc.—;
Guilford Realty Co. (Bait.)
1
11-
25c
9-26
$1.75
Inc.,
10-
97'Ac
B
Non-cum.
9-15
$1.06'A
(quar.)_
A
(quar.)
Common
9-30
1
class
Waterbury Farrell Foundry & Machine Co.—
Quarterly
10-14
10-
9-36
$2.50
15c
10c
preferred (quar.)
Products, Inc.—
Washington Title
10-14
10-31
Brewing Co. (increased)
Mfg. Corp., 6% preferred (quar.)
Chemical, 5% conv. preferred (quar.)_
Pemco Corporation, common
(quar.)__
$3 preferred (quar.)
(increased)."
Pumps,
10-31
10-14
10-
75c
5%
9-30
10-31
12c
(quar.)
6%
9-20
;
10-14
Park
10-24
—
preferred
1
$1
Pabst
(quar.)^—25c
"$1.12%
Inc.
$50c
10-
10-31
10-31
10-31
9-2T
9-27
9-30
50c
preferred
preferred
Warren
1
37'Ac
Pantex
62'Ac
(quar.)
Co.
Mfg.
10-
(quar.)_
Pennsylvania Power Co., 4.25% pfd.
(Pennsylvania Salt Manufacturing-—'
3%% preferred A (quar.)
5%
1
10-15
9-27
11-15
11-15
11-15
'
•
(quar.)
Syndicate,
A
Class
10-1
10-
9-30
$1
Foods,
Goulds
5%
(quar.)
(quar.)—...
Goodman
10-15
10-15
••
9-20
10-10
10-10
9-27 <;
87'Ac
(quar.)
convertible
Class
;
10-10
7'Ac
(quar.)....—.
(quar.)
Co., common
>10-4
75c
Co
9-28
preferred
10-14
10-10
10- 1
11- 1
11- 1
9-26
10-16
10- 4
9-15
9-22
9-30
Ltd.—
preferred
Refining
Walker Vitamin
7
$1.25
(s-a)__^
pfd.
Corp.,
Investments,
A
preferred
4%
9-30
n»
10-25
,11- 1
10-20
10- 1
9-30
Virginia Iron, Coal & Coke Co.—
10-11*
1
75c
Elevator
General
preferred
11-
10-15
Phillips Screw Co.
(quar.)
Wernicke
10-
50c
1
11- 1
11- 1
12-12
10-15
11- 1
25c
75c
Quarterly
10-15
10-15
12c
4%
Fuel
Venezuela
9-21
11-1
25c
Extra
Corp., 5%
7%
9-30
15c
(resumed)
Manufacturing Co.
Portland
$4.50
$1.75
_______
11-
10- 1
$12'Ac
(quar.)
Corp.—
Tool
&
Smelting
7%
9-30
25c
Polaroid
Globe
10-31
9-15
10-17
9-28
9-28
10- 7
10- T
10- 7
11-28
9-30
10-20
,
(quar.)
class
6%
9-15
1
Inc.—
common
9-30
25c
(Minn.),
B
United
9-20
9-20
1
10-24
10-15
10-15
62'Ac
(accum.)
Vertientes-Camaguey
(quar.)
Light
Drill
Class
S.
10- 1
.10-
87'Ac
92'Ac
$1.12'A
preferred
Realty
preferred
United
9-30
Inc
Plainfield
Inc.,
10-15
\
Oklahoma Gas & Electric,
5'A % preferred (quar.)
Novadel-Agene Corp.
9-22
Brothers.
$1.50
convertible
Cities
5%
10-15
'
10c
Northwestern Nat'l Insurance (Milw.)
9-22
Gimbel
9-30
10-31
12'Ac
Corp.
Telephone
1
Co.
50c
$12'Ac
(quar.)
Bell
1
9-30
9-28
$1.20
Northern States Power Co.
$4.80 preferred (quar.)
1
Co.
Razor
(quar.)_
(quar.)
Electric
9-27
10-
9-15
12'Ac
Bedford
10-
1
1
10-15
9-23
9-23
9-20
10- 4
10- 4
10- 1
10-15
10-15
5c
Canada
of
9-22
1
10- 1
9-30
Cigar-Whelan Stores—
United
U.
(quar.)
Ltd. (extra)
(quar.)^
10-
10-20
10-
5c
Corp.,
1
10-17
9-30
$1
10-15
10-
9-10
97'Ac
England Firq Insurance Co
New Jersey Water, $4.25
preferred A (quar.)
New York Power & Light, 3.90%
pfd. (quar.)
No
Sag Spring Co
Otis
9-20
10-25
Co.
9-30
Missouri—
Manufacturing Co.
Sulphur Co., Inc
United
9-20
25c
of
Co.
9-20
9-27
10-
30c
$1.12%
$$1.75
Corp.,
Gas
Union
10-15
'35c
——
5c
Union
$3.50
1
15c
10-15
50c
25c
$1
25c
65c
$1
10-
(quar.)
—
Union
10-5*
11-1
$1.10
Extra
1
Safety
10-20
;
Mfg. Co.
Car
10-
Gillette
9-23
; 50c
$4.50
9-17
25c
10-
Art Co.
9-30
25c
$4c
$1.12%
50c
$1
50c
50c
$1.50
$1.75
$1.50
—
class A pfd.
preferred
(quar.)
preferred
(quar.)_
preferred (quar.)
$3.70
10-15
37%c
Stores
25c
(quar,)——.
preferred
11-1
Co.
56 'Ac
convertible
$i5c
$2.50 non-cumulative class A
National
9-26
•••
(quar.)—
Mines, Ltd
Corp.
Electric
$3.50
>
9-22
(quar.)
pfd.
(reduced)
B
Temper
Union
9-15
$1.50
(s-a)__
&
1
Co.—
(quar.)
Screw
10-
9-30
1
$1
(irreg.)
10-
Inc.
conv.
$ It 10c
$75c
$43%c
$31'Ac
25c
$12'Ac
(quar.)
4'A% pref. (quar.)—_
Tuckett Tobacco, Ltd., 7% preferred (quar.)
Twin City Rapid Transit Co.—
5% conv. pfd. (quar.)______—
9-22
Inc
Products
(quar.) J?
25c
General Cable Corp., 4% 1st pfd. (quar;)—
$1
4% convertible 2nd preferred (quar.).—
50c
General Foods Corp., common (quar.)^,3^
50c
$3.50
preferred
(quar.)
——87'Ac
Georgia-Pacific Plywood & Lumber Co.—
$2.25
preferred
(quar.)
:
56'Ac
4% %
9-30
True
10-11
Manufacture & Stores Corp.—
Steel
Class
9-30
11-1
25c
preferred (quar.)__
Mfg. Co. (quar.)
&
10-
Co.—
Galveston-Houston
10-10
Lock-Co.* (quar.)__
9-19
Inc.
———-—5'Ac
Inc. (quar.)—.
10c
& Company,
B.)
10-10
13%c
$7
$1
(s-a)-
(quar.)
National
National
9-24
1
l'Ac
(quar.)
Fund,
Co.,
Gas
National
9-30
10-
37'Ac
Distillers
9-16
20c
30c
Corp....
'
,
Fuel
preferred
10-20
40c
Department
Common
10-15
Co.—
preferred
Casket
1
.
(quar.)_
Taylor-Colquitt Co.
(quar.)
Taylor-Wharton Iron & Steel Co.
Texas Electric Service,
$6 pfd. (quar.)
Texas Power & Light, 7%
pfd. (quar.)
$6
preferred
(quar.)
Todd Company, class A (reduced)
9-30
11-
5%
$1.50
12c
Super Mold Corp. of California (quar.)
Taunton Gas Light
(quar.)—
8-30
10-25
Stores,
Company, 4'A%
Towmotor
National
9-19
.
Co.
9-15
$15c
National
1
—
Pressed
Franklin
1
9-16
9-30"
9-26
V
(quar.)___
common
preferred
Consolidated
Sun Oil
Co.—
National Chemical
1
(quar.)
Co
10-
Canada, Ltd.,
Press, Ltd.,
Sullivan
9-23
$1.12'A
;
,
(quar.)
Jersey 1
Strawbridge & Clothier
9-15
(increased)
Investment
National
9-26
Co. (quar.)
Rubber Co.*.—
Utilities Co., common—
Transit
1
1
$$1
Co.
Electric
&
convertible
National
10-
5c
$1.25
(quar.)
Depot (s-a)
10-
10-
(New
(quar.)
of
Brothers
Stovel
5
25c
(quar.)
Cement
Sterchi
5
31'Ac
Co.
participating
Participating
2
10-
(quar.)
(quar.)
Radio, Ltd., class A
B
Co.
10- 5
10-15
50c
Gas Co., $6 pfd. A (quar.)
Engineering
7%
10-14
10-
$1.50
voting trust certificates
Royal Rice Mills, Ltd._
Mutual
10-
11-
10-15
Mountain States Telephone &
Telegraph
Munising Wood Products Co.—
17'Ac
$1.25
Insurance
Union
Street
11-1
New
——
preferred
Fort
11-15
30c
Common
10-15
(quar.)
&
Tire
9-20
10-15
(quar.)
A
Class
Steel
9-23
l'Ac
Co.
Portland
Monumental
1
(irreg.)
participating preferred
1
1
8c
& Ontario Paper Co
Missouri Power & Light, $3.90
pfd. (quar.)_
Monroe Loan Society, class A
(quar.)
11-
(quar.)
Participating
Gibson
Co.,
15c
preferred
Light
10-
10-
Minnesota
New
4
9-22
3
(quar.)
Common
10-15
9-z9
10-
?;... 4.40%
preferred
(quar.)
Mid-States Shoe Co.
(quar.)
10-15
Standard
10-
10-18
10 15
(quar.)
Ltd.—
preferred
Stores
Michigan
$2
1
in-
25c
Bridge Co. (quar.)__
Copper Co
5%
Standard Fire Ins.
9-20
$1.75
A
Ice & Cold Storage
6%
preferred?(accum.)
Mercury Mills, Ltd. (quar.)
1
________———
Co.
Oil
Co.
9-20
34%c
Trust
class
Oxygen
1
10-
10-31
25c
$1.75
50c
(South Carolina)
Southwest Natural
Southwestern
$1.25
Merchants
10-25
——
Gas
Ltd.,
Southern
10-5
Carolina)—
Process,
Co., common
preferred (quar.)
9-19
$1.06'A
Candy Corp., 5%% pfd.
Inc., 5% pfd. (quar.)
McQuay,
Mount
7
9-20
10- 5
30c
Franklin
9-23
15c
;
(North
Ice
9-30
7oc
Fund
Stores,
B
Miami
10-
10-14
(quar.)___
Quarterly
Southern
10- 3
25%
Investors
non-cum.
McLellan
$1.12%
Phonograph
9-21
(quar.)
Aircraft Corp.—
McFadden
11-
Fidelity-Phenix Fire Insurance Co. (quar.).
Filing Equipment Bureau, common
6%
9-20
9-30
10-
$1.50
(quar.)
30c
River
Fuller
9-20
10-HL
11-1
$1.50
(annual)
Grain,
■■
10-1
Co.
preferred
6%
15C
Mills-—-—
Cotton
Eversharp, Inc.,
Fry
'»
10-14
11-15
15c
—
vtc
McDonnell
30c
(quar.)
Extra
Erwin
4%
1
324Ac
12'Ac
Empire Millwork Corp. (quar.)
Empire Southern Gas Co. (quar.)
Fall
11-15
1
Alloys Corp.—
—Jl
&
9-30
12-
$$1.25
■??
$$1.12%
ts-a)
Radio
Emerson
10-14
v
(quar.)_,
(quar.)
preferred
1
Fire
38c
National
10c
common
common
Refractories
5%
1
Southern
(irreg.)
preferred
McColl-Frontenac
California—
preferred
Common
11
10-
8
10-15
$37'Ac
(quar.)—
.
Electro
9-30
11-
Common
4'A%
9-23
Corp., Ltd.—
preferred
Edgewater Steel Co.,
Products
1
10-15
10-
————
5'A%
convertible 1st preferred (quar.)__
convertible 2nd preferred (quar.)-
*
9-27
$30c
5%
Ekco
1
10-
common—
preference
Investment
of
Co.
9-9
9-30
10-
12'Ac
5;30c
——
(quar.)
—__——
Paper Co.* Ltd.— I:
•????•■'
convertible
4'A %
9
15c
_
(quar.)—
Ltd.,
(quar.)
Anglo
9-
?9c
pfd.
(quar.)
preferred
Donnacona
9-30
50c
pfd.
Co—
A
1
(quar.)
Trust:
class
10-
$1.50
conv.
Construction,
Dixie-Home Stores
i
9-30
—______
Investment
conv.
10-15
$1.50
6%
Products
Steel
10-15
(Toronto 1
Rubber, 5%
Edison
Detroit
5c
50c
(quar.)_
(quar.)
Co.,
(A.)
McCabe
-
Y.)
Co., common
preferred
Detroit
9-30
(quar.)-—
Cuban
Denman
10-10
(N.
Life Insurance Co.
Pinna
10-25
10-13
15c
& Sons, common
preferred
6%
9-30
8c
20c
Corp
Co.
Crown
De
10-15
<s-a)___
(quar.)___—
Inc.
Light
Massachusetts
Miami
Consolidated
4
4V2C
Common
9-30
10-
50c
(quar.)_
(quar.).
$1.90
$2 pfd.
9-20
10-14
10c
;
3
50c
20c
(quar.)
10-
25c
& Moore, Inc
Maryland Drydock Co., common (quar.)
4'A% preferred
(quar.)
Maryland Theatre Bldg. (Chicago) —
4%
___;
Hotel, Inc
Light & Power,
Connecticut
9-23
$1.25
Breweries
Commodore
1
10-31
10- 7
Power
Ins.
1
20c
(increased quar.)
Manning Maxwell
(Cina.)—
(quar.)
Columbia Pictures Corp. (resumed)Commercial Banking Corp
Connecticut
9-23
25c
_
Bottling Corp.
$2.50 class A
Extra
Columbia
10-
25c
1
Company
25c
10-
10-31
10-31
17'Ac
(quar.)
Southern
$7
9-20
28'Ac
preferred
Colorado
4
(quar.)
Extra
5
10-
12'Ac
(quar.)
Extra
Coca-Cola
(N. Y.)
Bond
convertible
Southern
10-
Southern
dividend
Manhattan
4.56%
1
1
9-20
1
50c
(quar.)______
6
12'Ac
1
10-
28c
common
preferred
$lc
Stores, Inc., 5'A% preferred (quar.)
(George), 7% 2nd preferred (quar.)
Maltine. Company, common
conv.
Edison,
10-
9-26
10-
$1.75
(quar.)
convertible
30c
Lucky
4'A 7o
preferred
10-31
(quar.)_
9-15
25c
10-
Mining Co., Ltd.—
9-15
1
$1.25
*
(quar.)
4.48%
9-26
3?$*
1
10-
Trust, Inc.—
(accum.)
Southern California
9-22
vr
10-
Bleachery & Print Works—
15c
Mabbett
9-17
9-30
30c
(quar.)
9-16
?
11-
$1.50
(quar.)
1
9-30
Cleveland, Cincinnati & St. Louis Ry.—
preferred
Co.
Gold
Electric
7%
Holder*
$1.25
35c
common
semi-annual
Stock
Yards
City Stores Co., common
5%
Lake
Co.,
(Charles) & Co., 6% pfd. (quar.)___
Brothers, 67c
preferred
(quar.)
Longines-Wittnauer Watch Co. (quar.)
9-22
9-29
$2
9-30
When
Payable
49
17'Ac
(quar.)
common
Investment
preferred
Common
9-26
Co.,
(quar.)
$1.25
Supply
Leich
Co.—
Interest
City Railway Co. (Dayton), com. tquar.)__
6%
non-cum.
preferred
(quar.)
A
9-20
15c
(quar.)
Trust
1
10-15
10-
$1.25
__
1
10-20
Shar&
10c
&
Company (quar.)
'
Kreuger (G.) Brewing Co. (quar.)
Landers, Frary & Clark (quar.)
Lowell
1'
10-
20c?;
Kirsch
'
Certificates
Class
9-23
1
12c
Chicago Produce District
Cincinnati
10-
56'Ac
Inc.__
Corporation
9-23
11-
12'Ac
1st
Southern
10-11
87'Ac
Lit
(accum.)
Fund,
9-30
50c
9-30
•
(quar.)_
Lawyers Trust Co.
Chadbourne Hosiery Mills, Inc.—
4'A%
convertible preferred (quar.)
Champion Shoe Machinery—
10-15
$5
Gas
preferred
Southeastern
9-30
13c
Atlantic
5%
9-20
_____L____
Refining
Reduced
9-20
10-
1
(quar.)
preierrea
10-31
9-26
Inc
Company
55c
Century Investors, Inc.-—
$2
Inc.
19c
-«u_
preferred
10-10
11-10
10- 1
10-15
per
,
Name of Company
South
10-15
20c
9-30
Fund,
1
$20c
__
Mutual
11-
11-1
20c
_
Ltd.
(interim)
Investors Management Fund, Inc
Johns-Manville Corp., 3'A% pfd. (quar.)___
Johnson-Stephens & Shinkle Shoe Co.___
_____
___
(quar.)
Foundation,
11-10
_____
Illinois Light Co.
Central Ohio Light &
Power,
3.60%
Investment
50c
f
,Extra: wi
Inter-Mountain Telephone Co., com.
6% non-cum. preferred (quar.)
»—
»
10-15
10c
$1.05
___
rtUlwor
(1229)
Payable of Rec.
15c
(quar.)_
9-30
_
Caterpillar Tractor Co., common
4.20% preferred (quar.)
Celotex Corporation, common
(quar.)
Central
Brownhoist
10-20
Co.
wntrt*
Share
Extra
$40c
Per'
-
of Company
Industrial
$1.80
CHRONICLE
FINANCIAL
??
;>
Payable of Rec.
&
„
(quar.)___—
25c
62'Ac
50c
15c
—
(quar.)__
—
25c
15c
10-1
9-15
10- 1
9-U>
10101010101010-
1
1
1
1
1
1
1
?v-l£
10-
1
10- 1
10- 1
9-30
9-30
10- 1
10- 1
9-16
0- 8
9-6
9-9
9-36
9-20
9-10
H-16
9-19
9-13
0-l»
50
—
■
"V":
Products
Allied
Stores
Allied
40c
iquar.)
common
Allls-Chalmers
Mig. Co., common
Aluminum Co.
of
4%
Co.
75c
___
9-15
10-
1
9-16
75C
9-29
9-15
$1.50
-m'm
U
$3.50
25c
45c
9-29
9-15
'J Barber Oil Corp
Note,
9-20
10-14
25c
—
_____
Bank
40C
10-
1
9-
10-
1
9-
1*
Bath
10-14
$1.30
preferred A
convertible preferred
4%
Can
American
7%
preferred
American
iquar.>
Cigarette
__
prior preferred
4%%
9-15*
'!
1
9-15*
30c
(quar.)
com.
American
Furniture
pfd.
;4%%
preferred
9-
2
1
9-
2
$1.75
10-
1
9-20
Beech-Nut
Belding-Corticelli, Ltd., common (quar.)
7%
preferred (quar.)
Belgium Glove & Hosiery Co., Ltd., common
' 5% preferred (quar.)
—__—
$1.50
Common
9-16
10-
1
9-15
12 V2C
10-
7
9-23
25c
10-
1
9-12
;
'
(irreg.i
8-19
i-10-50
11-10
iquar.)-—.
com.
10-10
50c
10-
(irreg.)
Rubber
American Hard
American Hardware
10-
$1.50
7%
Co.,
pfd.
10-
25c
in-
Products
Home
American Ice
Co.,
6%
5%
preference (quar.)
preference (quar.)
1
10-
1
9-
10-
1
28'/aC
10-
1
9-15
31 '/4c
10-
1
9-15
35c
(quar.)
common—
.American Machine & Foundry
preferred
—
/10-
Steel
(quar.)—
Co.—
,5%
,
Machine
g-14*
^Birmingham Electric,
Metal
American
Molasses
10-15
9-30
pfd.
12- 1
11-21
(Philadelphia),
Co.
American Natiojnal
American Power
Ins.
Fire
&
preferred
$5
,
Co.
9-30'
25c
3
10-14
9-20
Extra,
50c
Light, $6 pfd.
(accum.)
10-
1
9-15
I $1.50
10-
1
9-
6
$1.25
(accum.)
_
10-
1
9-
6
——
.
Screw
Co
9-
American
Stamping
American
,
States
Co
Ins.
10-
1
9-15
10-
1
9-23
9-14
10-
1
1
10-
1
9-10
10-
1
10-
1
9-26
—
*
Stores
American
Sugar
Co.
9-16
Bluefield Telephone Co
9-30
9-16
Bohack
10- 1
9-15
■.
(Indianapolis)—
_
American
9-30.
.
30c
—
.
50c
1
10-
1
9-
8
35c
10-
1
9-
2
3
9-
6*
Class
9- 8
$1:50
(quar.).
10-
5Vi% prior
Ami Co.,
t$l.50
t$1.75
fl5c
|25c
10-
1
1
10-1
10-
$2.25
10-15
$1.50
10-
$1
American
$1.75
10-14
9-30
Boston
10-
9-15
j Boston
Woolen Co.,
American
Wringer
American
;
$5
pfd.
pfd.
7%
Co.—_
(quar.)
_________
%nc, Lead & Smelting
prior
preferred
6%
Corp., $4 pfd.
Products,
preferred (quar.)
6%
preferred
(quar.)
Horg-Worner Corp., common
3 Vi %
preferred (quar.)
$1
10-
$1.50
(qua?.)
1
10- 6
9-29
50c
__.
11-
$1.50
_
Angostura-Wuppermann
Apex Electrical
Applied
9-
6
9-23
1
pr. pfd.
(quar.)
^Arizona Edison Co., $5 pfd.
Arkansas
!
Class
B
4%%
9-30
12-19
12-23
12-19
Ashdown
Class
15C
Corp.
9-15
1
20C.
(quar.)
9-30
10 15
9-15
25c
Ltd.
iquar
Electrical
'Ordinary
1
TO-
1
1
$30c
___
•
9-26
9-20
1
9-«2
$1
50c
30c
25c
10-
1
9-20
414%
10-
1
9-23
Canadian
9-30
9-15
9-
8
tl5c
10-
1
9rl0
J40C
10-
1
9-10
a5%
10-19
Atlantic
City Electric
Atlantic
Greyhound
(increased
Co.
4%
Refining Co.
4% preferred A (quar.)
3.75% preferred B___
Atlas
Imperial
Series
Atlas
7%
Auto
A
Engine
Thrift
British Columbia Elec.,
6%
11-
1
10-
5
*
10-
5
56'Ac
(quar.)____________
11714c
9-30
Brown
5%
»-* 0
9-16
25c
25c
75c
62Vic
25c
37Vic
$1.50
t$l
tl5c
10-
1
9-15
(quar.)
UOc
10-
1
9-15
Products
Corp.
10c
Automobile Insurance Co. of Hartford
6%
(quar.
Products
Inc.,
4%
pfd.
(quar")
10-
1
9-20
25c
)_JIIII
9-2
10-
3
9-19
10-
3
50c
10-
1
9-19
Class
4c
Mills,
(monthly)
Common (monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
preferred
$4.50
II_III™
~JI
10-
1
9-15
6%
11-1
12-
Buffalo
Buffalo
____________
4c
2-1-50
1-15
Bullard
4c
3-1-50
2-15
Bulova Watch Co.
4c
4-1-50
3-15
Burlington Steel, Ltd,
4-15
Burns
Axe
Houghton
Axe
Houghton Fund B,
IIIIIIII
(quar.).!
(quar.>—"IIIIIIII
Manufacturing Co.
Collieries
(B.
&
T.),
Baldwin
Inc.
Wilcox
Backstay Welt
Extra
Corp.
I
Co.
Co.
Co..
Baltimore
6%
Steel
7%
preferred
preferred
10-15
Class
A
pref.
2-1-50
1-15
Class
B
9-29
9-19
20c
9-29
9-19
9-30
9-20
(quar.)
Bldgs. Co., 7%
common
10-10
9-23
10-
9-9
Cable
C.
I.
T.
&
Inc.,
Financial
Wireless
Corp.
1
9-
4
9-24
514% preference (s-al.
Calgary & Edmonton Corp.,
4
9-24
California
10-15
9-30
$3
I
8%c
10-
1
1-2-50
9-
3
12-13
Electric
preferred
preferred
5.60%
514%
Power
Ltd.
1
convertible
convertible
Pacific Ry.
50c
10-
1
8-31
10-
1
9-15
10-15
9-30
9-22
1
9-15
c
10-31
9-30
$$1.75
10-15
9-15
$1714
$$1
9-28
9-14
$15C
12-15
11-25
10-
1
10-
1
9-, 1
10-
1
"'9-, 1
10-
,9%
J
1
8-22
10-15
9-28
$37'/2 C
10-
1
9% 1
$50c
10-
1
9-15
$3714 c
10-
1
9-9
75c
10-
1
9-12
10-
1
9-12
75c
10-
1
9-23
65c
10-
1
9-15
$$1.12 V2
Ltd.
Co.,
(quar.)_
(quar.)
9-30
8-31
9-30
10-
1
9-15
1
10-15
9-10
9-23
<
50c
10-
1
9-9
Capweir,
37 '/2c
12-
1
11-15
Carnation
'
9-15
10-
(quar.)
933/4C
10-
1
9-15
50c
11-
1
10-10
$1.25
10-
1
9-19
Transit Co._—
Sullivan & Furth, 6% pfd. (quar.)
Co., 3%%
1st preferred (quar.)_
Carolina Power & Light_Qo., common—:
$5
preferred
(quar.)
—
Capital
i
9-22
1
common
Capitol Records, Inc"-—
$2.60
convertible preferred
9-15
10-
Co.,
Capital Administration Ltd.—
$3 preferred A (quar.)
9-15
,
Mills
Cannon
'
Carolina Telephone
& Telegraph
$2
Carrier
4%
Corp.,
9-20
10-15
9-20
Carriers
9-15
10-
1
9-.30
9-16
9-%0
9-15
9-30
9-20
50c
35c
10-
1
9-20
10-
1
9-20
10-15
&
(J.
General
Corp.
(J.
I.)
Company,
1
9-
6
1
9-
6
a2Vi%
19'/sC
10-
7
8-30
Central'Aguirre
10-
7
8-30
Central
Is
10-
7
8-30
$4.75
Sugar
preferred
10-
7
8-30
Central
10-
7
8-30
6%
10-
7
8-30
Central Hanover Bank
$$1
10-
1
9-15
10-
Quarterly
Central Hollywood
9-15
9-30
1
9-16
1011-
1
10-
1
10-17
9-22
6214c
9-30
9-20
10-14
9-30
10-
1
9-15
10-
1
9-15
20c
10-
1
9-14
10-
1
9-14
10-
1
9-14
90c
10-31
10-14
9-30
9-30
..9-19
;
9-30
4%
preferred
Maine
Central
10-
I
1
9-30
9-19
.9-20
9-20
9-
6
10-
1
9-15*
10-
1
9-10
10-28
10-
7
10-28
10-
7
10-
1
& Trust Co.
Building
Power
Co.,
common
9-15
40c
10-
1
9-19
10-
1
9-19
$1
10-
1
9-30
25C
10-
32 »/2c
1
9-16
9- T
9-16
10-
1
9-16
10-
1
^-i6
10-
1
9-16
9-30
9-17
(quar.)_
9-30
30c
9-10
87'/2C
10-
1
9-10
$1.50
10-
1
9-10
15c
9-30
9-20
9-15
9-15
62'/2c
9-30
9-15
1
9-15
4.15%
414 %
(quar.)_
.
Products
preferred
Corp.,
10-
$1.04
(quar.)——;
Trust (quar.)
preferred
Shares
9-27
25c
com.
(quar.)_
10-15
15c
9-20
9-
8
$1.12%
(quarJ
pfd. (quar.)
Chapman Valve Mfg. (quar.)—
—
Chase Candy Co., 5%
conv. pfd. A (quar.)
5% preferred B (quar-)—
Champion Paper & Fibre, $4.50
10-
1
9-15
$1.12 %
10-
1
9-13
1
10-
1
9-15
25c
10-
1
9-15
(quar.)_
45c
10-
1
9-15
Rivet Co. (quar.)
Chesapeake & Ohio Ry., common (quar.)__
314 %
conv.
preferred (quar.)
Chicago Mill & Lumber Co. (quar.)—^
Chicago Molded Products———
2V2C
Chemical Bank & Trust Co.
(N. Y.)
Cherry
Pneumatic Tool,
preferred
convertible
$3
Chicago,
City
preferred
(quar.)
28c
10-
1
9-15
TCity
10-
7
30c
9-30
9-15
10c
10-22
9-17
1
9-19
1
9-19
9-30
9-15
9-30
9-15
1010-
75c
10-
25c
10-14
9-
10-
1
9-20
10-
1
9-15
10-
1
1
9-20
8
Securities Co.
preferred
Gas
$1.75
(quar.)_,
& Electric,
& Suburban
4%
pfd.
(quar.)
Investing
Products
si
,
Bell Telephone-
Quarterly ' ■ ———■—_—:—
Ltd., 514% preferred (s-a)
Bar Knitting, Ltd., class A
(s-a)
9-15
1
35C
Circle
1
7
11-
$1.25
—
—
Co. 514% preferred
Corp. (quar.)
$1.12
9-16
$23/4%
Cinzano,
10-
9-
8714c
(resumed)
Cincinnati
28c
1
50c
com.—
9-22
10-
75c
common..
(quar.)
Rock Island & Pacific RR.,
-Cincinnati
(quar.)
9-30
75c
preferred series A (quar.)—.—.—
5%
preferred
50c
9-16
10-
25c
7%
10-14
9-15
9-15
Christiana
1
9-15
9-30
9-30
9-10*
1
9-30
$1
1
11-
9-30
62'/2C
$1.12%
10-
10-
9-16
9-16
$1.0214
(quar.)—
Chicago & Southern Airlines, Inc.
Chickasha Cotton Oil (quar.)
63c
1
1
10-15
$1.0214
(quar.)——
9-15
9
—
(quar.)
(quar.)
9-15
9-
__
(quar.)
com.
1
9-1
—
:-_„—
(monthly)
1
7
1010-
(N. Y.)—
:
—
10-
10-15
2
9-16
3714c
10-
10-
9-
---
9-30
Chicago
9-15
9-30
9-30
Certain-Teed
9-29
1
9-30
3714c
9-13
10-
10-
37 %c
1
9-28
/*)- 2
4 3 3A c
10-
9-28
1
$1.75
(increased)
com.
(accum.)
(accum.)
Co., $2.50 pfd.
Central Vermont Public Service—
d$1.75
9-28
10-
$1,183/4
(quar.)
preferred B
preferred C
Central Telephone
Century
10-15
9-12
9-$2
6%
9-13
10-15
9-20
1
1
6%
9-20
10-15
1
10-
10-
60c
___
1
9-28
10-
58%c
+25c
preferred
(quar.)
6% preferred (quar.)
^Central Paper Co. common (quar.)
Central States Electric, 7% pfd. A (accum.)
1
9-28
9-15
$$1.75
3.50%
10-
10-15
1
f 15c
(quar.)_
preferred
414%
10-
5c
10-
/Central Illinois Public Service
d40c
10c
9-15
Illinois
Central
$1.25
10-15
1
59 3/8 C
preferred series A
preferred series B
Light Co.—
4.10%
9-15
10-
3714c
Electric & Gas,
Illinois
Central
9-23
1
d40c
$2.50 pfd.
Products,
Fibre
preferred
9-15
9-30
10-
d$1.75
(quar;)
19'/5C
Is
1
(quar.)
Co
Electric & Gas,
a2Vi%
10-15
pfd.
common
preferred (quar.)
Ltd., common
*7% preferred (quar.)_
Catelli-Food Products, Ltd., 5% pfd
Celanese Corp. of America, common—
$4.75 1st preferred (quar.)
7% 2nd preferred (quar.)—
10-
10-1
$1
60c
7%
10-
9-30
$1.50
,
Cassidy's,
$25c
$23^0
10-20
10c
Mills, Inc., common
6% preferred A (quar.)
6%
preferred B (quar.)
Cascades Plywood Corp., 314%
Case
9-23
1
10-15
5C
(quar.)
Co
W.)
1
11-
50c
Carthage
Carter
10-
$1
(quar.)
4% pfd. (quar.)
preferred (quar.)
Carpenter Paper Co.,
10-15
a2% %
$5c
1
10-
$50c
ordinary
Co.,
Westinghouse
class A
$1.50
9-16
$1.75
$20c
Canadian Wirebound Boxes, Ltd.—
9-24
75c
;
8-^1
$$2
(quar.)_
A
class
Canadian
9-16
10-16
Co.,
(quar.)
(quar.)__
1
$$1
75c
(s-a)
8-31
10-
$$1.25
1214c
(quar.)
10-
8%o
10-14
(Holding), Ltd.—
10-
$2.50
(accum.)
8-31
1
%
1
28Vbc
10-
$1.50
pfd.
(quar.)
preferred (quar.)
25c
9
10-31
1
90c.
9-30
1
10-
75c
9-15
$30c
;
Butler's,
414%
Cos., Ltd.—
preferred (quar.)
preferred (quar.)
preferred (quar.)
Canadian
;
10-14
$30c
(participating)
Bush Terminal
25c
1
1
10-31
75c
(quar.)
20c
10-
10-
$40c
10-15
10-
Canadian Silk Products Co.—
$20c
(quar.)__
10-, 6
$20c
9-15
10-
25c
(quar.)
2
$$2
(quar.)
______
9-30
1
$40c
!
Ltd.
Canadian Refractories, Ltd.—
414%
preferred (quar.)
Ltd.—
1
$1.12
Corp.—
(quar.)
7%
(quar.)
$1
Hill
iquar.)IIIIII
preferred
Porcelain
Ltd.
(quar.)
11-
2-2-50
Ltd—
—
9-26
1
45c
Products,
Co.
(quar.)
Co.
9-23
15c
pfd.
Company
&
Electric
9-30
50c
Co
9-2
Oil
Canadian
9-19
9-30.
10c
(quar.)
9", 2
1
$25c
Corp.,
9-30
Co.
1214c
~~
(quar.)
Forge
Building
30c
(quar.)
___.
11-
8%
$1
Niagara Electric, 3.60%
8c
Inc.
Axelson
Ayshire
5-1-50
9-19
9-30
3V2C
12-15
4c
5%
93%c
preferred
11-15
$1.12
4%
1
10-
(quar.)
(quar.)
10-15
(quar.)
Fund, Inc..—
1
10-
1
114c
B
convertible
1
(quar.)
11-
10-
10-
'
1-1-50
IH"~I~
'"III
_I__IIIIIIII
"III"
III.IIZI
11-15
15c
*_
4c
preferred
Babcock
4c
1
1
10-
Company, common—
"
4c
9-12
$1.25
(quar.)
1
10-
$$1.50
Industries, Ltd., common (quar.)
(quar.)
—
preferred
Canadian Ingersoll-Rand Co., Ltd
"Canadian Motor Lamp Co., Ltd. (quar.)___
11-
$1
common
10-
$18 3/4 c
common
(quar.)
Investment
(quar.)
9
$70c
$25c
7%
11-
18c
,___
Distillers,
_—
_,
9-26
' 25c
25c
* $1
common
(quar.)_
9-/9
9-
$25C
Canadian
11-15
$$1.50
(quar.)
9-30
9-30
$$1.1214
Ltd.,
Foreign
A
4.10%
Extra
Common
$4.50
Co.,
preferred
Extra
Class
9-19
Corp.—;
Brunstfifik-Balke-Coilender
.
Products,
$25c
$30c
.
9-19
$$1.50
$5 preferred
(quar.)
Bucyrus-Erie Co., common—
7% preferred (quar.)
—
Budget Finance Plan, Inc., class A (quar.)_
9-19
Avondale
Babbitt
9-15
1
37 V4c
common
preferred '(quar.)
Allied
_
10-
18 3/4 c
(quar.)
Avery (B F) & Sons,
Avon
9-30
25c
(quar.)
■
(E. L.)
3% %
9
Reduced
11-15
9-29
$4 preferred (quar.)
:
4% junior preferred (quar.).
Bruce
(quar.)
.
Durrell
9-
$35c
9
$4334c
'
9-29
^Brown Shoe Co., $3.60 preferred (quar.)
B
Steel
(quar.)
(quar.)
Investing
preferred
9-30
—
Canadian Ice Machine Co., Ltd.—
9-15
1
Ltd.—
A
Class' A
2nd preferred
Brown-Forman
9
9-21
$$1.19
;
class A
Columbia Telephone Co.—
1st preferred (quar.)
:
Street
9-
9-21
Ltd., 4% pfd. (quar.)
Broad
11-
(interim).
(quar.)
Brockway Glass, 5% preferred
Bronx County Trust Co.___
Class
Automatic
preferred
British Columbia Power, Ltd.,
9-23
Class
:
deposit receipts bearer
Ordinary
bearer
(interim)
9-16
$1
Products Co.,
Amer.
10-15
93%c
.___
(quar,#
Corp., Ltd.—
Plan
preferred
—
10- 1
Co.— j
preferred
Fabrics
(quar.)
$i
(quar.)
9-. 9
1
9-30
93%c
(quar.)
30c
pfd.
Atlantic
1
10-
9-30
Co., Ltd.—
preferred registered shares (s-a)
Amer. deposit receipts reg. (interim)—
Ordinary registered
(interim)
5% preferred bearer shares (S-a)
6%
10-
(quar.)
General
$1.37 Vi
35c
5%
4%%
9-
$15c
preference
General Investments,
$$1.50
(quar,)
preferred
1
9-, 9
9-9
1
Canadian
British-American Tobacco Co., Ltd.—
9-16
75c
quar.)
(quar.)
Corp.,
Common
1
1
Canadian
$32Vic
pfd.
10-10
10-
9-15
50c
Oil
1
10-
9-15
& Power Co., Ltd.—
3%%
Co.,
11-
10-
_—
preferred
112 Vic
common
,
10-10
$25c
9-30
(quar.)—
British-American
British
<interim)___
Co.
Ltd
(quar.)___
8-31
1
$3114c
9-30
Manufacturing
Bristol-Myers
" 9-19
9-30
Industries, Ltd.—
registered
Investment
(quar.)
Ltd
Cordage,
Class A
9-20
9-30
Sons
&
1
11-
(quar.)__
(quar.)————
Class A
10-
__________——
common
(quar.)
conv.
Food
Canadian
9-21
1
$ioc
Ltd.,
25c
Co.—
Bri'lo Manufacturing, Inc., common (quar.)_
9-15
1
J.)
Mines,
preferred
3% %
10-20
9-23
9r23
10-
$$1.25
preferred
1
$1
31 Vic
37V2c
75c
tlOc
Co
6% preferred (quar.)
Bridgeport Brass Co.—
5 Vi %
convertible preferred
(quar.)
Bridgeport Gas Light Co. (quar.)
9-10
9-30
10-
(E.
$1.30
9-16
50c
Warehouse
5% preferred (quar.)
preferred
(quar.)
prior
iBriggs
9-15
1
9-30
10-15
$3114c
$31c
$1.75
6%
1
9-15
$5c
"Participating
10-
(quar.)
Brazilian Traction, Light
9-16
10-
25c
6%
Brantford
9-16
12 V4C
._____
Hardware, Ltd., cl. A (quar.)
(irreg.)—
Associated
10-
593/aC
Co.—
(quar.)
.
9-15
$1.1214
(quar.)
Storage
Bralorne
.
■-9-
1
$50c
common..
(quar.)——
Canadian Dredge & Dock, Ltd. (quar.)
Quarterly
—1
Canadian-Fairbanks-Morse Co., Ltd.—
6% preferred
(quar.)l
—
-
9-15
9-30
9-30
11-
40c
(quar.)
RR
Herald-Traveler
^Boston
9-15
_
pfd.
Albany
—
):Botany Mills,
9-15
1
10-
(J. H.)
Associates
9-30
9-15
10-
(quar.)
Construction
B
'
1
$1.75
(quar.)
preferred
Corporation
Corp.,
9-23
25c
Constable
Asbestos
10-
■■■; $1.25
(quar.)
Metal
Arundel
9-10
12-23
<v $3
(quar.)
conv.
class A
convertible
Arnold
9-30
■
(quar.)
Co.
414%
Armstrong Rubber,
9-20
$1.50
Gas
Corp.,
1
' ■/ $1
■
(quar.i_.
Western
Steel
10-
9-19
.-■■■ay $1
(quar.)-.
6% preferred (quar.)
Arkansas Power & Light, $7 pfd. (quar.)
Armco
9-19
9-30
10c
Arkansas Natural Gas,
$6 preferred
1-21
:
9-30
$1.75
Arts
10-22
1
1-31-50
5c
—
Mfg. Co., 7%
&
(quar.)
Insurance Co
Brach
25C
(quar.)—
:Corp;_——.
Arcade Cotton Mills Co., common
Common (quar.)———
6% preferred (s^-a)
Art
9
Post
Anderson-Prichard Oil Corp.
"•»
9
9-
11-
$1.25
Anchor Hocking Glass
i
9-
Boston
(reduced)
'
' 60c
1
1
9-15
1
10-1
$50c
(quar.)—_—
Canners,
non-cum
9"
$$3.50
—
(quar.)
Ltd.
Ltd.,
1
10-
J$2
Celanese, Ltd., common.'.
—
preferred (quar.).:
preferred (quar,)__
Canadian Cottons, Ltd., common (quar.)__
9-10
9-30
87Vic
; $2
(quar.)
.
Corporation
Borg
9-27
15c
.
(quar.)
Anaconda Copper. Mining Co.
Anchor
_
Club
W.)
(George
9-15
"
9-30
9-15*
$25c
class A (s-a)____—
'';(s-a)li___^_-T__'i_.-.-.-._-__---_^-.'
$1
,
1
B
Canadian
9-15
'9-15*
10-
9-15
^Participating
■
9
1
,9-20
1st preference
60c
9-
1
10-
1
preferred
5%
/ 9- 9
10-
15C
;
10-
10-
,
10-1
$$1.1214
10-
Canadian
9-15
1 Vic
Book-of-the-Month
$1.75
7%
1
10-15
11 Vic
(s-a)
Extra
(quar.)
Refining,
5%
9-15
10-
t50c
1
10-25
Breweries,
8-31
$1.37Vi
25c
$1
(quar.)
9-? 6
9-?l
10-
$1
Packers, Ltd.,
$1.50
Bond Fund of Boston
American Telephone & Telegraph Co. (quar.)
American Tobafcco Co., 4r% pfd. (quar.)
American Vitrified Products pfd
(quar.)
'
A
9-30
$2.50
9-20
$15c
Bronze,
8-31
10-
22 Vic
preferred (quar.)
class B (reduced)
v.Bon
9-15
$75c
Canadian
Co.
C.)
1
$15c
Canadian
8-29
50c
(quar.)
10-
$1.06 lA
1
9-14
9-20
—
9-20
34%C
■
.
9-10
50c
40c
9-20
(quar.)_
1
$6214c
—_
4 Canada Permanent Mortgage Corp.Canada Starch Co., Ltd.—
7%
non-cum, preferredCanada Steamship Lines, Ltd.
(s-a)
Canada Varnish, Ltd.,
5% pref. (quar.)
9-15
50c
37 Vic
8114c
$1
50c
i—
—
Canada Flooring Co., Ltd., class B—:—
Canada
9-14
10-
I25c
(quar.)
preferred
/.Canada Northern Power Corp., Ltd. (quar.)
'*
1
,;Bloch Bros. Tobacco Co., 6% pfd.
Blue Top Brewing, Ltd., class B
50c
—
Co.
Quarterly
/American Snuff Co., common—
6% preferred (quar.)
.'
?
9-21
1
—
(H.
1st
preference B (quar.)
Dry Ginger Ale, common
$4.25
preferred (quar.)
9*
1
3
10-
preferred
(quar.)—
preferred (quar.)
Bliss & Laughlin, Inc., common
5% convertible preferred (quar.)
25c
...
414%
; 9- 9*
9-28
10-
'■
American
9-15
10-
5%
9-26
10c
(quar.)
10-
1
25c
$3
9-15
10c
Optica.5" Co. (quar.)
American
,
■'
(quar.)—
TO-
$1.05
common
1
10-
•
(quar.)—
(quar.)
$1.1214
Co.——_
Products
Canada
—
4.20%
JiBirtman Electric Co.
'
American
1
9-23
/Black & Decker Mfg. Co. (quar.)
'
5%
10-
9-22
10c
9-14*
jBlauner's
9-16
9-22
9-23
Co.
97 V4C
_—
'
1
9-30
10-
1
■;
(quar.)
1
10-
Co., Ltd.-1-
Bread
12'/2C
25c
——
—
convertible preferred
Bird & Son, Inc._
Bird
Canada
9-10
10-
25C
Campbell,
9-14
$1.75
(quar.)
10-31
6214 c
(quar.;
preferred ' (s-a)—— ——■
Taggert Associated Bakeries, Inc.
6%
9-20
4
50c
pfd.
7%
Corp.,
1
Co.—
preferred (quar.)
414%
pref.
Cement
&
10-1
—
iquar.)—.
Metal Co.,
—
fi Bibb Manufacturing Co, (quar.)
iBickford's, Inc. (quar.)__
—
jBingham-Herbrand Corp., common (quar.)__
9-15
1
10-15
1
(quar.).—
$1.75
American Locomotive Co.,
7%
preferred (quar.)
American
9
Extra
—~—
preference class A
conv
3.90%
9-
Limestone
preferred
Bethlehem
9-14*
3114C
4 14 %
i
1
Illinois—
of
common
Bessemer
4%
9-23
1
10-
1
——_
(quar.)—
9-23
45c
Co.
(quar.)
Co.
$4
9
10-
10-
—
preferred (quar.)___
Benson & Hedges, $2 conv.
9-
1
"9-30
$1.50
preiened—
(Newark, N. J.)—
Increased
American Investment
$1.25
10-
IOC
(monthly).
Corp.
non-cum.
American Insurance Co.
Packing
9-20
1
9-30
$1.75
(quar.)
nn»ar,»—
9-15*
135c
(quar.)
I Beneficial Industrial Loan,
I $3.25 preferred (quar.)
9-20
1
;
American
preferred
Creek RR. Co.
Bendix Aviation Corp.
9-1
1.
IOC
IOC
Corp.,
.
1
10-
I Bell Telephone Co. of Canada (quar.)___—
10-
$1.183/«
—
preferred '(quar,)—.
2nd
$6
10- 1
$1.40
Beech
10-
10-
(quar.)—
9-20
1
10-
$1.50
iquar.)—-
General
American
Ltd., class A
(quar.)__
1
10-
___
American Hair & Felt Co., com.
,
Co.,
10-
& Electric Co.—
American Gas
Lumber
Beaver
9-10
$1
Ltd.—.
Brothers,
Beatty
,
8714 c
(quar.)—_
Inc.
Mart
9-20
J7y2c
—-
treuuced*
Building Co., Inc.
Fruit'Growers,
American
9-15
1
1
10-
62Vic
$1.1214
(quar.;_
common
7%
Inc.,
9-30
10-
9-20
10-,31
11-15
'50c
10-
43%c
75c
84%c
(quar.)
.Beatrice Foods Co.,'common (quar.)
3%%
convertible preferred (quar.)__
(quar.)—
convertible preferred
7%
9-26
11-15
6214 c
_____——
Campbell (A. S.) Company, com. (quar.) —
$2.50 preferred (quar.)—
_i_
Camden Forge Co., 514% conv. pfd. (quar.)
Camden Refrigerating & Terminals Co.—
35c
-
preferred
5'/o
(quar.)
Service
Water
California
9-10
t25c
3
10-
preferred
5%
9-10
1
'Class'
<quar.)_;—
Beacon Associates, common
1
1
10-
50c
10-
American Express Co. iquar.;—...
American Felt Co., 6%
ptd. iquar.)
*
:
50c
$1.12/2
—
$3
$1.50
r;xar:i.....•'
i
Corp.l_
10c
6214 c
California
10-
see
$1.75
(quar.i
Co.,
Cyanamia
preferred
American Dairies,
■I
9-15*
Co.
preferred
(quar.).
American Crystal Sugar Co.,
3%%
(L.)
:—
6%
American
9-23
1
(quar.)_
f-
t annual)
Co., com.
___—
Cigar
&
(quar.)
10
$1.75
56'Ac
75c
(quar.)
Works
Iron
Baumann
9-23
'
9-30
$1
iquar.;
preferred
7%
Co.,
American Car & Foundry
9-30
50C
50c
Ludwig Baumann—
Bausch & Lomb Opt. Co., 4% pfd. (quar.)
'
American Brake Shoe Co., common..
preferred
4%%
'
■
.50c
(quar.)
10-
10-20
Corp.—
convertible preferred
(accum.)
Packing Corp., common (quar.)_
$1.50
r
Holders
Payable of Rec.
Share
1
r
(quar.)
common
Bastian-Blessing Co. (quar.)—
Bates Manufacturing Co., common
'
I*
75c
(quar.)___
common
iquar.)
American Bemberg, 4 14 %
preferred
414%
preferred
I,
—
——
Corp.,
Brothers
Barker
:
(N. .Y.)—
Co.
Insurance
Quarterly
6%
10-1
9-12
£
Company
Pacific Trading
California
9-19
1
;; Bank of New York & Fifth Ave. Bank (N. Y.)—
Quarterly ——————.
Bank of Yorktown (N. Y.)
Bankers Trust Co. (N. Y.) (quar.)
9-16*
1
10-
1
10-
$*
*LOo
*30c
i
Alliance
American
1
10-
7%
2
25C
Extrflt ' '
American
11-
,,
Hydro-Electric Co. common (quar.)
preferred (quar.)_———
preferred (quar.)
414 % preferred (quar.)
—
Bank
of the
Manhattan Co.
(quar.)
:v9- 9
20C
Manufacturing
Agricultural Cnemical Co. (Del.)-—v
Quarterly
'
12-
$25c
Amalgamated Leather Cos., Inc.—
convertible preferred (quar.)_
6%
'
1
10-
oc
$1,25
40c
20c
5% pfd. (quar.)
Name of
9-19
—i,—.
4%
(quar.)
Goods
American
Extra ■'
Bangor & Aroostook RR. Co.,
,
1
When
Per
Holdera
When
Payable of Rec.
10-
(quar.)——i
Bancohio Corp.
8*
9-
Par
Share
of Company
Bangor
Amalgamated Sugar Co
'
9-14
9-15
9-30
933/4C
iquar.j—__
Canada, Ltd.—
of
preferred
Aluminum
1
10-20
Name
Anurica—
preferred
$3.75
Aluminum
10-
75c
.
.
(quar.)—
'V;.]' I:
Payable of Rec.
d40c
(quar.)_
Corp.
Corp.,
Holders
When
Per
Snare
.»•
Name of Company
Monday, September 26, 1949
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(1230)
—
(quar.)
9-30
9-15
$50c
10-15
9-3'J
$1.3714
62 '/2c
I
9-23
9-30
9-12
10-
Volume
170
THE
Number 4841
COMMERCIAL
FINANCIAL
&
*
Name of Company
vv
Clary
Multiplier
Stock
Share
'
x
.
Corp.,
Eiectric
Clinton
Co.
Corp.
Industries,
r
Peabody & Co.,
7 %
preferred
4%
2nd
Coast
preferred
A
9
Diamond "tq Motor Cax Co.
International
COi.ateial
Loan
Radio
&
10- 1
9-16
9-30
9-10
9-30
9-10
30c
Corp
Iron
50c
partic.
&
3.60%
Credit
(New
Commercial
i
Solvents
9-21
1
9-20
10-
1
9-20
9-29
9-12
Investment
preferred
1
10-
1
9-15
10-
1
10-10
Co.
Co.
Connecticut
Fire
Insurance
Quarterly
General
cash
Quarterly
Stock
10-
1
9-17
100%
-
10-
3
9-17
$5
preferred
Consolidated
Co.
of
4«/a%
4%
preferred
Consolidated
Consolidated
90c
10-
1
9-15
10-
1
9-15
10-
1
9-15
Co.
25c
9-30
9-30
Mfg.
25c
9-28
9-13
9-30
8-30
$50c
Ltd
Co.,
A
(quar.)
10-
50c
1
9-15
9-28
$16'Ac
—
Co
9-21
30c
10-
1
9-19
53 Vic
10-
1
9-19
$$2
10-
1
9-15
$1.12 y2
10-
1
9-
$1.13
10-
1
9-
Baking Co., common (quar.)
preferred
(quar.)
Continental Can Co., $3.75 pfd. (quar.)
$5.50
Commercial
9-30
30c
(quar.)
9-15
25c
10-
1
10-
1
93 %C
1
9-15*
10 c
9-30
10c
Corp
9-30
Continental
Foundry
Common
5%
(quar.)
preferred
Continental
4Vi.%
Gin
Co.,
(Peter)
9-19
1
10-
1
10-
50c
9-15
1
12-15
10c
10-26
50c
9-30
9-19
75C.,
9-30
9-19
Corp
Corp.,
(quar.)
common
—
(quar.)
6J/2%
Corp.,
10-
7
$1.62 </2'
(quar.)__
10-
1
9-16
$i.3iy4
pfd.
10-15
9-23
9-30
9-20
Gornell-Dubilier Electric Corp.—
$5.25
,preferred
(quar.)
A
(quar.)-lS^
12»/ac
preferred series 1945 & 1947 (quar.)
Coronet
Phosphate
Co.~___
—
Corroon & Reynolds,
$1 pfd. (quar.)_.
_(
87y2C
County Trust Co. of White Plains
Grain (R. L,), Ltd. (quar.)
Crane Company, common (quar.)
37y2c
Corning Glass Works,
common
3Vi%
Cream
Wheat
oi
Creameries
of
Class
A
5%
Steel
&
8%
1
9-15
9-
9-24
9-30
9-10
1
9-20
10-
1
9-
40C
10-
1
9-13
$1.25
9-30
30c
(quar.)—,
(quar.)
common
10-15
___
9*
9-16
10-
1
$2
9-30
9-17
$2
12-30
12-17
(quai\)
(quar.)__—
Securities Corp.—
Forster
Class
A
< quar.
30C
9-30
9-17
Class
B
(quar.)
30C
9-30
9-17
Crystal
Tissue
15c
Co. (quar.)___—
Sugar Co., com.
Cuban-American
Irregular
{irreg.)
9-30
9-20
$1.25
__
_____
___,
__
9-30
9-16
25c
1-3-50
12-19
,
Atlantic
Sugar
Co.,
50 c
0%
preferred
6%
"
preferred
preferred (quar.)
5% preferred (quar.)
Cudahy Packing. 4Vi% pfd.
Eastern
$6
Corporation
CUlver
Cummins
Engine
4% %
ts-a)
preferred
States
L_.—
—
Eastern
6%
New
Edison
5
Stores,
Drug
■»»/•>%
Cur lee
Clothing.
Curtis
Publishing
Co.,
$4
prior
preferred
Dan
River
Mills.
Inc.
25C
(quar.}
10-20
9-27
5
9-15
9-15
10-
1
9-16
10-
1
9-16
$i.i2y2
10-
1
9-16
$1.12 y2
(quar.)
(accum.)—
pfd.
(quar.)_
1
$1.75
75c
preferred
$7
—
10-
10-
1
1
10-
1
1,
Ltd.
—
(irreg.)—
10-
1
9-15
10-
1
9-15
25c
$1.12 Vi
25c
10-
1
9-15
9-30
9-20
9-29
9-19
10-25
10-10
10-25
10-10
$1.25
10c
25c
25c
50c
10-17
9-15
9-30
9-15
of N. Y.—
'5%4 preferred (quar.)
Davenport Hosiery Mills, Inc
David & Frere, Ltd., class A (quar.)
Stores
Davega
preferred
(quar.)—
Davidson
Davison
Inc.
Brothers.
Chemical
Corp.
40c
De
Bell
Delnite
De
&
Richardson
(quar.)_.
Mfg.
Co.
Quarterly
——
Products
Decca
Records,
Ltd.
Inc.
9
(Calif.)
Corp.
(quar.)__
(quar.)—
common
9-l(
10-
1
10-15
10-15
Manufacturing Co.
Dejay Stores. Inc. (quar.)
fl-10
9-30
9-16
1
9-20
10-
1
9-16
10-10
9-27
1
9-20
9-30
9-16
9-30
9-19
1
9-20
10-
10-
1
9-20
9-30
9-19
9-30
9-19
10-
Delaware
3.70%
4.28%
Power
&
Light, 4%
preferred
preferred
pfd.
(ouar.)_
(initial
Equity Fund,
Erie
Pie
Fafnir
Co., $5
Mills.
Eskimo
(quar,),
pfd. A
Inc.
Railroad
Esmond
Ltd.,
5%
Corp.,
(T.
5%
H.)
&
Co.
(s-a)_
(quar.)
common
4%
preferred (quar.)
Fairmont Railway Motors
5%
Fall
preferred
River
Falstaff
Common
4Y2 %
10-
(stock
Park,
Life
Federal
Federation
9-30
Insurance
10-
9-20
Felin
(J.
Feltman
Bank
&
1
9-12
Detroit
Aluminum &
Brass
Corp.
10-
1
9-
9
5%
10-
1
9-15
Ferro
(quar.)
9-30
9-12
10- 1
9-15
10-
9-15
1
10-
1
11-
1
Co.
&
(N.
J.
Trust
Co.
$1
9-30
9-10
Fibre
9-30
9-10
(quar.)
9-10
9-
1
Fifty
10-14
9-29
9-10
1
10-
1
9-13
10-
1
9-13
——
Products of
10-
1
9-20
25c
$1.50
10-
1
9-19
9-27
9-15
-
Finance
Co.
of
Co.
(Boston)
Pennsylvania
(s-a)—
9-15
First
National
Bank
12 Vic
9-30
9-15
First
National
Stores,
(N.
Y.)
Inc
(quar.)
10-
1
9-
1
9-30
9-19
$20c
9-21
9-
9-27
9-20
$2
(quar.)
$3
—
9-27
62'/2c
35c
$25
Ltd.———
Extra
25c
—
—
—
$20
75c
10-
1
10-
1
9-16
11-25
11-10
10-
1
9-16
1-1-50
10-
1
■
9-19
; 10- 3
'V 9-16
10-20
9-30
9-
9*
$1.25
10-
1
11-
1
10-10
11-
1
10-10
10-
1
10-
1
A
Class
B
Genuine
$6
(S.
(quar.)_
1
9-
9
10-
1
9-
9
9-30
9-20
9-27
9-20*
9-28
9-
7
$3
10-
1
9-20
55c
10-
1
9-15
(quar.)_
10-
1
10-
1
9-19
9.-19
.
preferred
(quar.)__
$1.06'/«
9-30
9-20
933/iC
pfd.
9-30
9-20
81 Vic
9-30
9-20
Insurance
Company,
Co.
$5
Godchaux
&
10-
1
79-15
$1.12 V«E
25c
Co.,
9-29
9-16
10-
1
1
1
9-14
40c
10-
1
9-
2*
9-
2•
56V4C
10-
1
9-28
9-16
$1
10-
1
9-17
$1.12 V2
A
(quar.)
—
10-
1
9-17
$1.50
10-
1
9-15
12 '/2C
10-
1
9-
9
62 y2c
10-
1
9-
9
5c
10-
1
9-
9
(reduced
(quar.)
A
9-26
9-30
9-12
$1.25
9-15
9-30
9-15
9-30
$$L
1010-
1
9-
1
75c
quar.)__
Ltd., class
Varnish Corp
10-15
$i
___
Company,
25c
$1
common
Fisheries
9-15
11-25
10-
25c
class
9-30
11-30
11-
$5 preferred
(quar.)
Goodyear Tire & Rubber Co. of Canada, Ltd.
Grafton
9-15
40c
(quar.)
F.)
1
$1.25
Telegraph Co. (quar.)
Goldblatt Brothers, Inc., common (quar.)„
$2.50
preferred
(quar.)
Golden
Manitou Mines, Ltd.
(interim)
Golden State Co., Ltd., common
(quar.) —
(B.
10-
(quar.)_
Stock
Goodrich
9-16
$1.25
(quar.)_
prior preferred (quar.)
preferred
9-19
1
Y.)
(quar.)
preferred (quar.)
Inc.,
Sugars,
1
10-
pref.
(N.
common
convertible
10-
15c
(quar.)
Safety Razor Co.,
9-19
$1.50
pfd. (quar.)__
preferred (s-a)
4]/2%
Co.,
Co., 5%
1
20c
(quar.)
10-
15c
(quar.)
Refrigerator Co.
$25c
9
9-21
*
11-25
12-15
10c
9-26
9-15
Toy Co., Ltd
$15C
9-30
9-20
City Steel Co.
50c
9-30
Grand
Rapids
&
Granite
10-
9-30
40c
(quar.)
Steel Tubes Co
4%
9-30
1
$1.06'4
pfd.
(quar.)
Co.
A.)
Falls
&
9-30
1
15c
Products
$4.50
1
11-
50c
(quar.)
preferred
4'/2%
Gold
1111-
30c
(quar.)
Parts
Gerrard
Globe
9-12*
$1.50
George Putnam Fund—See Putnam (George)
Georgia Power $5 preferred (quar.)
Gerber
9-15
9-15
v
25C
(accum.)—
pfd.
Rubber, 4'/4%
convertible
9-30
$1
9-16
'
Grant
(W.
3%%
Gray
25C
10-
1
9-
7
933/AC
10-
1
9-
7
(quar.)
20c
10-
3
9-20
Stores, common
(quar.)
25C
10-20
9-30
T.)
Company, common
preferred (quar.)
Stores
Drug
Co.
Lakes
Class
A
Class
B
(quar.)__
(quar.)_
Great Lakes Steamship,
preferred (quar.)___
—
Felt Co., Ltd., common
—
preference (quar.)__. _—
Great West Life Assurance Co. (Winnipeg) —
preferred (quar.)
—
Tap & Die Corp. (quar.) _____
Greening (B) Wire Co., Ltd. (quar.)_
Extra
80c
10- 1
8-22
Class
_
class
B
9-15
9-20
$1.12»/t
9-30
9-20
9-20
?30c
10-
1
ti2y2c
10-
1
9-15
10-1
9-20
9-10
30c
10- 3
10- 3
30C
9-29
9-10
9-19
$5c
10-
1
9-15
$5c
10-
1
9-15
20c
'
Greif Bros.
9-15
9-30
9-30
$1.75
Cp., common (reduced)
1%
Greenfield
9-16
1
$*5
Great Western Sugar
9-16
9-15
9-30
11-
50c
convertible
1
9-20
9-30
$30c
West
10-3
10-14
$62'iC
common
4y2%
50c
11-15
30c
Co., Ltd., commmon
preferred (quar.)
-i
preference (quar.)
Paper
56V4C
t25c
—
(quar.)
Quarterly
i
(quar.)—.—.—
Canada.
9
Co.—
(quar.)—__—
Corp.
9-
11-10
$1.50
(quar.)
Great
9-15
7
11-25
20c
9-16
10-15
9-
$1.37 Vi
9-30
1
7
10-14
40C
:
Grayson-Roblnson
$2.25
preferred
1
—
25C
(quar.)
Great American Insurance Co.
9-30
7
9-
933/4C
(quar.)
pfd.
9-15
10-
6
$1.25
(quar.)__
(quar.)
9-15
11-
10-
9-
6c
(quar.)
1
9-30
10-
9-15
10-14
15c
(quar.)_
Corp., com.
Grand
10-
9-15
9-23
-
(quar.)
&
2nd
Class
Great
——
Company
&
Associates
3
40c
(quar.)_^
(N. Y.)—
—
Curme Shoe Stores
Enamel
9-
10-18
1
Brewing Co., Inc.—
Gorton-Pew
15c
quarterly
preferred
9
$2.50
15c
50c
Shops, Inc
J.)
9-
Co.—
Co
Insurance
Increased
3
50c
Inc.,
Rubber
9-26
9-16
10-
(quar.)
Traders
Bake
9-15
10-
100%
dividend)
N.
Y.
(quarterly)
Frocks, Inc. (quar.)__
Fashion
1
7
10-15
$26c
$2.50
65c
$2.50
50c
(quar.)
Syracuse,
Fashion
11-15
10-
Corp.—
preferred
&
1
1
Inc.
(s-a)
Wbrks
Gas
Brewing
9-16
12-
35c
35c
$1
Co
Co.,
2
Ltd.—
North American Ry.
Foods
9-30
11-10
12-
11-
t25c
$1.25
(quar.)__
preferred (quar.)
(quar.)
Corporation
Bearing
—
pfd.
Co.,
preferred
(quar.)
1-3-50
1
10-
$1.75
preferred (quar.)
3 >4%
Glidden
9-15
1
3%%
Genesee
8-19
1-10-15
10-
25c
preferred
preferred
10-10
10c
5c
$1.25
6
9-15
.
10-25
$1.25
(quar.)
Castings, $6
Tire
Gibson
7y2c
TVzC
9-30
10%
(quar.)
Time
4'/4%
General
Glens
__—
9-
6
9-
$L
General
Gillette
/
9-19
1
al0%
Telephone Corp., 4.40%
9-15
(irreg.)
1
10-
$1.75
General
9-15
common
10-
reg
Corp.
1
(s-a)
10-17
(s-a)
Co.
1
(irreg.)
9-26
1
25c
Reinsurance
10-
preferred
1
11-
a7'/2%
Refractories
10-
20c
11-
25c
semi-annual
9-19
Common
1
2c
ord
for
Steel
1
5
9-30
General
10-
5c
lc
1
10-
(annual)
receipt
General
9-19
:
9-20
10-
(quar.)
General
9-23
9-30
10-
Increased
9-30
——
9-20
$1.06 y«
Railway Signal Co., common
6%
preferred (quar.)
General Realty. & Utilities Corp.—
1
(quar.)
9-16
1
(quar.)
(s-a)
preferred
7
11-30
2c
2nd
preferred
10-
2c
$1.07
quar.)
Deposited Bank Shares (N. Y.) series A
Derby Oil Co. (Kansas) (reduced)
$4
10-
Participating
Equity Corporation,
9-16
1
10-
37 Vi'c
Public Service $6
$5.50
10-15
92 Vic
(quar.)—
General
•
9-15
Equitable Credit Corp.—
20c participating preferred
1
10-
31 'Ac
common
Portland Cement Co.
1
10-
10-
15c
Corp.
A
preferred
9-15
$1.75
$25c
75c
40c
$1
10c
$1.12 y2
Corp.—
$1
9-15
5c
•
Paint
1
Mfg.
9-21
(quar.)
preferred C
conv.
10-1
preferred
8%
Co.,
1
7V2%
$1
10-
15c
A-'-
(quar.)
1
1
10-
'
Decker
9 30
1
10-
quar.)
Investors Trust
General
9-"
10-
1
9-
Inc., com.__
Mills, Inc., 5% preferred
Motors Corp.—
preferred (quar.)
$3.75 preferred (quar.)
9-11
9-30
9-
General
9-15
1
1
1
1
15c
(quar.)
Industries, 5% pfd.
Instrument Corp
50c
Federal
9-16
1
9-
10-
10-
preferred
50c
Faultless
9-30
1
10-
1
75c
com.
General
9-15
10-
10-
9-15
$$1.37
Fireproofing Co.
preferred (quar.)
_—
(quar.)
Drug
Electric
$30c
(quar.)
General
9-15
10-
9-16
$2
7%
9-15
9-30
9-15
9-30
1
•.
conv.
General
2
'9-30
9-30
Corp.
7%
(quar.)—
preferred
9-15
12'/2C
9-
9-30
34%c
25c
General
Co., 8% pfd. (quar.)
7%
preferred
(quar.)
Empire Brass Mfg., Ltd.. class A (quar.)—
Empire Trust Co. (N. Y.)
(quar.)
Endicott, Johnson Corp., common
4%
preferred (quar.)
5%
$1
(quar.)
1
9-15
Co., Ltd.—
preferred
9-19
9-16
—
9-2
9-30
28y8C
(quar.)
A
registered
4%
9-23
1
37 Vic
50c
deposit
5%
9-19
1
1
1
1
12-
9-15
common
Co.,
Finance
1
Emerson
(quar.)
9-21
7
12-20
1
(quar.)
Bonus
General
10-
10-
15c
(reduced
Controls
American
9-16
$1.50
Electric Co.
Ordinary
9-23
9-15
9-30
10-
75c
preferred
General Electric
1
10-14
(quar.)
(quar.)
(Texas)
Supply
preferred
1
5
50c
6%
General
10-
1010-
Co.
conv.
10-14
$$1.25
series
Builders
5%
10-31
30c
(quar.)__
(quar.)
Box
9-10
10-14
Transportation Corp.—
Co.,
preferred
10-
(quar.)
preference
10-
$1
$8
9-30
1
10-31
25c
pfd.
6%
common
Oil
preferred
Baking
10-
i2yac
(quar.)___
General
2
10-
20c
25c
25c
10-24
(quar.)
General
2
9-
10-
50c
$2.75
$1.50
50c
9-20
5c
preferred
American
683/ic
62V2c
5V2%
$1.25
+
9-
1
10-
25c
Extra
87»/2C
—__—
preferred
$4.25
9-27
1
10-
10-
10-11
9-
1
10-
25c
pfd.
conv.
&
9-30
9-30
15c
—
General
10-25
.—
(resumed)
Long Hook & Eye Co. (quar.)
Mines,
10-
75c
$2
9-15
10-21
9-15
25c
Bonus
$L12Vi
30c
1
$50c
(quar.)
American
General
9-27
Farmers
9-30
6%
1
—
(quar.)—
(irreg.)
Electric Ferries, 6% prior preferred (quar.)
Electric Storage Battery Co—
—
Electrical Products Consolidated (Seattle) —
Co.,
Co.,
participating
Common
9-27
10%
9-15
10-
50c
(quar.)
Manufacturing Co.—
General
9-15
1
$1.06,/4
1
(quar.)
General American Investors Co.,
$4.50 preferred (quar.)
10-14
1
9-15
37y2c
(quar.)___
Malleable Iron, 5% pfd. (quar.) —
Dayton & Michigan RR. Co., common (s-a)_
8%
preferred (quar.) __—
1
10-
9-15
9-19
12-
11-
10-
9-22
—
Dayton
12-15
7Vic
7 Vic
25c
$1.75
$1.50
25c
1
10-
1
$3
9-15
20c
(s-a)_——
9-15
10-
$35c
preferred
Gemmer
9-15
10-1
Power
preferred
5%%
9-22
1
9-30
50c
10-
5%
9-12
1
9-30
25c
Gatlneau
9-15
9-30
_$0.185625
Family Finance Corp., common (quar.)
30c
4y2%
preferred (quar.)
56V4C
Fanny Farmer Candy Shops, Inc. (quar.)—
37y2c
Corp.
1
10-
$25c
(quar.)__
9-20
10-
10c
preferred
1
9-30
10-
$5c
$10c
t$l
12Vic
1
(quar.)
Co., Inc., class B conv. pfd.
Garfinkel (Julius) & Co., Inc., com.
4y2%
conv.
preferred (quar.)
5V2 %
preferred (quar.)
Garlock Packing Co.
(quar.)
9-21
10-
$1.50
$1.50
$1,50
10-
37 Vic
Gannett
8-27
10-
$25c
4Vi%
1
9-15
10-
25c
$5
Auto-Lite
Fairmont
9-20
10-
Company,
10-
37 Vic
55c
A.)
(Robert)
9-15
$$1.18
Company
Manufacturing Co
General
(Texas)
Controller
Ex-Cell-O
11-
11-15
1
10-
25c
25c
—
Boat
European
9-30
10-15
Gair
Inc.
Electric
Company,
Fuller
9-16
9-15
10-
50c
common
General
(quar.)
Ltd.
Electric
Elliott
-1
9-20
$1.50
(quar.)
El Paso Natural Gas, common
(quar.)
Elder
Manufacturing Co.
(quar.)
Electrical
9
1
9-29
10-
>
preferred
Electric
1
10-
Ltd.—
Trust,
Stores,
Electric
Paso
10-
9-20
10-
75C
(quar.)_
(quar.)
Industries
(quar.)
Power
Co.
(irreg.)
(George
10-
20c
(quar.)
common
11-24
50c
$1.50
(quar.)
________
preferred
Fuller
10-15
(accum.)__
,
participating
$4.50
9-15
$1.50
——
dividend
$2.20
10-15
12-
Ltd.,
9-16
9-24
1012-
25c
of Canada, Ltd. (quar.)
Sugar Co. (reduced)—
Cos.,
General
A
1
9-15
10-1
75C
__________
1st pfd.
4% %
preferred (quar.)
Froedtert Grain & Malting
$1.12 Vi
(initial)
Corp.,
Sault
Stock
12-16
3
pfd.
___—
Bros.
Edison
El
$7
Investment
4Vi %
Fraser
10-15
Co.
Machine,
common
Extra
Economic
1-3-50
11-15
Frontier
(quar.)—
(irreg.)__
4.16%
10c
Frontier
2
(quar.)__
(irreg.)
B
Estabrooks
$1.12 y2
1
9-
B
A
9-16
—_____—^
9-
1
tquai.>
Corp.,
Washing
9-16
Co.
(quar.)
1
10-
(accum.)
Class
1
10-
10-
9-15
10-15
9-19
9-19
10-
25c
1
11-12
1
1
9-30
10-
25c
Foundation Co.
Francisco
Associates—
Class
Easy
10-
10-15
1
9-27
9-30
General
preferred (quar.)_
Washing Machine Corp.—
Easy
1
9-16
$1.12 y2
(quar.)
10-
10-15
Co.—
pld.
11-20
i2y2c
Corp., common
prior preferred (quar.)_
10-28
$1
50c
75c
$1.75
(accum.)
Steamship Lines (quar.)
Kodak Co., common
(quarT)
10-
25c
Cunningham
A
B
preferred
1
$1.25
1,
preferred B (accum.)-.
Eastern Racing Association, Inc.—
Common no par stock
(reduced quar.)__
Common $3 par stock
(reduced quar.)—
$1
preferred (quar.)
—*—
$1.25
5%'
11-
6%
10-
com.<(quar.)
Co.
Coal
& Fuel
Gas
25c
Cuban
Loaf
Emerson
10-
$1.50
;—
1
(quar.)_
prior preferred (quar.)
preferred
(accum.)
Eastern Massachusetts Railway—
9
1
25c
preferred
Forster,
&
Crum
10-
25c
common
America—
of
preferred
preferred
8%
9-15
9-26
40c
Corp.,
Co.
convertible
Crum
9-22
10-
$10C
(quar.)
Zellerbach
Crucible
9-20
1
10-15
International Corp.—
Cork
Crown
9-20
Works
& Knowles Loom
preferred (quar.)
6%
10-
25c
(quar,)
Inc.
1
9-30
$1.50
(quar.)__
Corp._
America,
10-
40c
Cronipton
Crown
Sugar
Electric
—
10-
6%
9-15
1-3-50
1
__
1st
12- 1
12- 1
$12%C
(quar.)
preferred (quar.)
:
Company
& Kleiser Co., class A pfd.
6%
$1
$1.75
4Vi%
9-19
$1.13
preferred
prior
Cooper
1
10-
(quar.)
common
■
Motors
Cooper-Bessemer
10-
$1.12
preferred:
Continental
$3
40C
preferred
4 Vi %
9
$1.25
___—
11-
Inc
Sulphur
Ecuadorian
(quar.)
9-27
87 Vic
$1.12 V2
5%
Texas
East
9-15
Machine—
&
10-15
(quar.)
&
9-21
HJ.50
$i.i2y2
Foster-Wheeler
Company
"
9-
9-15
tl5c
(quar.)
Co.,
Company,
9-16*
10-
Copper & Steel Industries, Inc.-
1
$$1.75
$50c
$25c
25c
$15c
—
10-1
(s-a)
class A
Foremost Dairies, Inc., com. (quar.)
4% conv. pfd. (quar.)___^
8IV4C
Nemours
Light
Duriron
9-13*
$1.37 Vi
•-—
10-
_
(quar.)
preferred
Eastman
Co.
de
I.)
Duraloy
9
(quar.)
Continental
Continental
(E.
preferred
$4.50
9
(quar.)_
common
(Toronto)
Pont
Duquesne
9-15
(Boston)
Trust
du
9-16
$1.25
(quar.)__
—
6%
Foster
__i_
(quar.)
8-19
12- 2
$1.25
Formica
9-10
common
International
Dunhill
Gas
(quar.)__.
Foreign Light & Power, 6%
40c
preference
&
Wallace
9-30
(quar.)—__
i—
Oil
$25c
$25c
t25c
(quar.)
(quar.)
DuMont (Allen B.)
Laboratories, Inc.—
5%
convertible
preferred
(quar.)
Dun & Bradstreet, 4Vi%
pfd. (quar.)
Eastern
Co.
Assurance
Continental
7
Power
&
com.
class
10-
Company,
V
10-10
1-3-50
(quar.)
pfd.
Class B
9-30
preferred
Duval
1
(quar.)
preferred (quar.)
preferred
(quar.)
$4.52
Continental
9-26
11-
(quar.)
Power
$4.50
9-26
1
$1
Retail Stores,
Consumers
1
10-
$1.12 y2
Light
Corp.,
Ltd.,
preferred
Gas
10-
(quar.)
Rendering
Consumers
9-19
25c
-
(quar,)__.
Lithograph
Consolidated
9-12
9-30
$3.50
—
(quar.)
C
Press.
Consolidated
(quar.)
9-30
$1.25
Investment
Consolidated
9-20
50c
com.
common
Grocers
preferred
4Vi%
B
9-6
1
(N. Y.)—
Electric
preferred
1
10-
Power
7%
Forbes &
9-10
1
(quar.)
4%
Foothills
9-10
10-
common
Corporation,
9-15
10-15
(quar.)
preferred
1
9-26
10-1
10-
10-15
(quar.)_
Mudge, Ltd., class A
2nd
$3.50
(quar.)
Gas
Baltimore,
Consolidated
5%
Co.
10-
10c
70c
Dry Goods Co.,
preferred (s-a)
Edison
1
75c
a
(quar
(quar./)
Corp.
Consolidated
7%
H
50C
'
Light &
Power
Inc., 40c preferred
1
Co.—
Insurance
Connecticut
Consolidated
HO
10-
certificates
trust
preferred A (quar.)
Dow Drug
Co., 7% preferred
Draper Corporation
Dravo
1
9-
$44c
$35c
i$l
$25c
135c
$40c
$75c
(quar.)
common
$4
Duke
dividend
Cigar
9
"
Consolidated Cement Corp.—
$1.40 class A
(accum.)
Consolidated
9-
10-30
$5
Life
:
r
:
10-17
12- 5
30c
Stores,
$12 Vic
c
Chemical Co.,
Dow
—
dividend
Connohio,
9-15
1
pfd.
4%
$5
preferred
9-16
Lomason Co
Industries
(quar.)_
Dover
9-14
11-15
75c
______
Connecticut
1
10-
$1.50
___
Co.
9-12
9-30
Electric,
Co., Ltd.,
________
(irreg.)
Ltd.,
:
(quar.)
Florida Power & Light, 4y2% pfd. (quar.)
Florsheim Shqe Co., class B (quar.)
Class
A
(quar.)
Food Machinery & Chemical Corp.________
1st
6%
9-30
&
$3.25
(accum.)
(Hartford)
Fitzsimmons
9-20
(quar.)
Steel, Ltd
&
(quar.)
&
Douglas
(Del.)—
Corp.
6
9-12
12-15
$1
Corp., common
9-30
Textile, Ltd., common (quar.)—
preferred
(quar.)—
Donnacona
Paper Co., Ltd., common——
9-21
10-
be
2-
9-27
(year-end)
Holders
Payable of Rec.
50c
•
York
9-30
(quar.)
& Linoleum Co.,
preferred
$1
6
9-30
$1
$2 preferred (s-a)
Fisher Brothers Co.,
10-31
7%
—
_______
preferred
9-
1
10-
37y2c
;
7%
7
First
9-26
25c
Dominion
6
Donnell
(Del.)__,
(Indianapolis)
Southern
Co.,
9-30
Voting
7
Co.
1
(quar.)
&
9-30
12'/fee
25c
62Vic
17Vic
$17Vic
quar.)__
Oilcloth
Common
9-26
9-
90c
(increased
Ltd
Dominion Square Corp., Ltd.
(increased)
Dominion Tar & Chemical Co., Ltd.—
9-15
35c
90c
preferred
Dominion
9-15
(quar.)—
Trust
&
preferred
Gas
7%
&
.
10-
Co.___
Corp..
Loan
$6
Glass
1
50c
Commonwealth
Concord
Dominion
10-
(quar.)
Commonwealth
Gas
12'/2C
common
Bank
Commonwealth
4%
Dominion
10-
(quar.)_
National
York
9-13
25c
Electric
Ohio
Co.,
preferred
Commercial
1
$1.50
(quar.)
Southern
9-26::
1
3-1-50
20%
preferred
non-cum.
Foundries
$1.25
Participating
Columbus
Commercial
5%
25c
preferred
Corp.
Dominion
9-13
$1
1
When
'
Share
<
Corp.
10-
two
tCOi;-' tommon (quar. >
9-12
1
Columbia Baking Co., common
Thteafttes
9-12
10-
(quar.)
District
Springfield
_
(final)
each
for
(quar.)
Doeskin Products, 70c preferred
(quar.)
Dome
Mines, Ltd—
Dominguez Oil Fields
__________—
Dominion
Dairies, Ltd., common (quar.;
$1.50
—
(quar.)
First
10-
256
$2.50 class A
683/4c
(quar.)
Corp.
9-12
share
Per
Name of Company
11-10
held)
9-30
87>/2C
(quar.)_
shares
(One
1
10-
$7.50
___;
pfd.
pfd.
$2.75
10-
$1
Company, common
preferred B tquar.)
Fuel
9-16
—
dividend
Dixie Cup
10-1
25c
Ice
Colorado
<*
,1
$1
(Boston)
Co.,
7
10-20
'
75c*
(s-a)
(quar.) L—- -
9-23
Co.—
$3.50
participating preferred
Co., Ltd.—
American deposit receipts ordinary
1
Holders
11-15
,
Stock
11-
When
51
(1231)
Payable of Rec.
50c
50c
25c
Distillers
9-26
:
—
9-16
$1.75
(quar.)____
Co.
9-12
9-15
50c
—
Match
————
10-11
10c
_____
(interim)
(quar.)____
1
10-
$4
_______
• 7
9-30
20c
_____
1
9-26
25C
(reduced)
Electric
&
10-
10c
(reduced)
common
Coigate-Palmolive-Peet,
§6
9-
6%
(Monthly).
Company
Coca-Cola
Collins
Diamond
(quar.)__
preferred B
Coca-Cola
Colonial
6
(quar.)
Gas
preferred
4.80 '/>.
9-
$1.12 Vi
(quar.)
Counties
47c
9-30
B
(quar.)—
(quar.)—: 1
9-15
(quar.)_;
Inc.
Clopay Corp., class A
Club Aluminum Products
Cluett
Raynolds, class A
12-15
50C
(quar.)____
Coal
&
pfd.
9-30
Class
Per
Share
.
12-31
Illuminating Co.
Molybdenum
Clinchfield
Devoe
.
5%
Stove,
4%
preferred
Climax
Detroit-Michigan
9-15
6 Tic
p'/2% convertible preferred (quar.)__
Cleveland Builders feuppiy______.
64.50
9-30
"
dividend
Cleveland
Name of Company
Payable of Rec
2V2C
(quar.)
common
Rolderi
When
Per
v
CHRONICLE
10-
1
9-23*
10c
10-
1
9-23*
Cooperage Corp.—
A
(quar.)__
(quar.)
—
——
V
52
THE
(1232)
Per
COMMERCIAL
FINANCIAL
&
Holders
When
Per
CHRONICLE
Monday, September 26, 1949
Holders
When
Holders
When
Per
"
Name
of Company
Payable of Rec.
25c
9-30
9-
9
$1.06%
9-30
9-
10- 1
9-15
37>/2C
11-1
10-17
Griesedieck Western Brewery Co.—
Common
Grocery
Gruen
(increased)
preferred (quar.)
Products Co, (quar.)
Store
Watch
Co.
20c
preferred
Guardian
(accum.)-
Public
Class
A
9-15
4%
10-
1
9-16
9-15
7%
9-15
International
Shoe
(Hartford, Conn.), non-cum. series I pfd.
Guaranty Trust Co. (N. Y.) (quar.)
50c
10-1
9-15
International
Silver
10-
1
9-14
Interstate
Mobile & Ohio RR., $5 pfd. (quar.)—
preferred (quar.)
preferred (quar.)
preferred (quar.)
Power Co., $6 preferred (quar.)
$1.25
9-30
9-12
$1.25
(Hartford, Conn.),
Gulf,
$5
$5
$5
Gulf
Rail
preferred
—
investment
Shares
Trust
$3
International
'
$4.80
12-28
12- 8
$1.25 3-30-50
3-10
$1.25 6-30-50
6-12
Interstate
5%
Public
Gypsum
Hal.
Service
Well
Oil
10-
1
9-20
10-
1
9-23
Intertype
12-
1
9-30
37yac
Cementing Co. (quar)._
Company, common
25c
(quar.)
1
11-
9-18
1
9-15
10-
Corp.
(quar.)
of
Co.
bridge
Hamilton
Mfg.
Hammermtll
4V4%
Co.
Investors
10-
1
9-15
10-
1
9-15
10- 1
9-15
Investors
9-30
9-20
Paper
AV2%
Co.—
preferred
Hanes
(P.
5%
preferred
Fire
Harding
Ltd.
Co.
(N.
Y.)
25c
Hartman
10-
1
9-20
25c
10-
1
9-20
10-
1
35c
10-
1
9-19
10-
1
9-15
Iowa
10-
Fireman
Co.,
10-15
9-30
Irving Trust Co.
30c
9-25
9-12
Island
11-11
10-31
33%%
(George
7%
W.)
Co.,
Common
5%
(quar.)
preferred
Henkel-Clauss,
Hercules
$6
9-17
10-
1
9-26
9-16
Quarterly
9-30
9-20
40c
10-
1
9-12
43 %c
10-
1
9-12
Furnace
Co.
convertible
Holmes
Holt
(D.
(Henry)
"5%
&
preferred
conv.
Horn
&
9-20
10-
1
9-20
50c
9-30
9-20
9-30
33A%
preferred
50c
—
2
10-
1
9-16
10-
1
9-
9
9-30
9-20
1-2-50
12-22
Oil
Co.
'
Ball
&
common
10-15
$2.25
Co., Ltd.
9-30
9-16
9-30
9-16
9-30
9-16
25c
pfd.
(quar.)
&
Co.
$4.75
Ordinary
preference
1
9-16
9-15
9-20
9-16
'
10-
4V2 %
5%
Katz
7%
1
9-30
9-20
12-30
12-20
9-30
10-
30c
10-
Kennecott
preferred
(John)
9- 9
v
1
1
9-15
9-19
class
Group
(s-a)
2Vac
International
6%
Bronze
preferred
Klein
(D.
4%
participating preferred
International1 Cellucotton
Extra
Jj'ci
Emil)
preferred
1
1
9-16
Kroehler
Products
mVac
(quar.)_
10-15
37 %c
—i_____i_
Infcernationaf'Educational Publishing
$3.5j preferred (accum. V—
International Harvester Co., com.
Co.IH"""
'1
•
9-15
10-
1
9-19
10-
87 %c
(quar.)
1
9-19
v
Marine
Midland
3
9-19
10-15
9-20
10-
9-10
1
10-
1
10-
1
<«S
10-
1
9-15
9-1Q
10-
9-10
1
9-10
9-10
1
9-15
9-30
9-10
9-30
9-10
10-31
10-15
9-15
Common
7%
Corp.
120c
10-
1
10-
1
9-22
10-
1
9-15
9-30
9-20
Marven's,
32c
9-30
9-20
9-15
3. y2c
10-
1
9-16
37yac
10-
1
9-16
$1,121/2
10-
1
9-16
—
—
Mathleson
7%
9-
2
McAleer
9-30
9-
2
McBee
9-28
8-31
10-
1
9-23
25c
10-
1
9-15
35C
10-
1
9-12
$1.12 y2
10-
$15C
Chemical
1
9-20
1
9-26
10-
1
9-26
40c
10-
1
9-16
$1.06%
9-30
9-15
20c
9-28
75c
9-
9
9-
9-28
9
10-
4
9-20
J$1.25
10-
1
9-15
12c
9-26
8-31
50C
^ 9-30
9- 6
9-30
—
(quar,)—
9- 6...
9-26
5c
—
9 16
i2yac
1
9-15
10c
10-
1
9-20
43 %c
pfd. (quar.)
10-
12-
1
(quar.)
convertible
v..-
25c
-ommon
pfd. (quar.)
preferred (quar.)
McClatchy Newspapers, 7%
$3.50
10-
10-
$1.75
Corp.,
Corporation,
9-20
Fund—
Manufacturing Co., 5%
McCord
1
$1
(quar.)
Second
—
$2.50
McCrory Stores Corp.,
9-20 /
10-
$1.50
Corp..
Company
1
25C
—
preferred
——
Macotta
.
9-30
$1.50
5%
Investors
preferred
Maul
25c
(quar.)
(quer.)—
Ltd.,
Quarterly
10-
$1.50
&
Massachusetts
9-30
9-20
20c
common
(quar.)
Co., 4%% pfd. (quar.) —
Martel Mills Corp., common (quar.)—
6%
preferred
(quar.)
—
——
Martin-Parry Corp.
(irreg.)
;
Field
9-30.
10-15
xnvzc
Sons
&
(M.)
Marshall
25c
-
Co.,
preferred
6%
Marsh
10-
9-20
1
Telephone Co., Ltd.—-
(quar.)
Basket, Inc. (Calif.), com. (quar.)_
$1 preferred A
(quar.)
Marlin-Rockwell Corp. ————»—
Marshall-Wells
10-
10c
(quar.)
—,—
preferred
9-22
preferred
'•
62'/2c
9-30
9-15*
50c
9-30
9-16
(quar.)
common
1
9-16
9-30
87c
(quar.)
Mfg.
37y2c
9-20
10-
<
3-23
9-15
8-31
9-12
10-
1
9-12
$3.50
Meredith
1st preferred
$1.50
(quar.)_
d20c
10-
1
9-15
•
&
(John A.)
Sons.
&
Ltd.
common
9-15
9-24
preferred
&
Co.,
>
Metal
9-30
9-15
4 >/2 %
10-
3
9-16
Lewis
Brothers, Ltd. (quar.)
Life
Insurance
Co.,
S.
C.),
Class
75c
B
9-14
1
8-17
Michaels (Stern
1
9-17
9-30
10-
1
9-21
11-
1
10-31
10-
Michigan
Bumper
9-10
Michigan
Steel
9-10
Mickelberry's
10-15
9-30
10-15
10-
1
11-
9-12
dividend)
Middle
States
10-
11-
1
10-18
10-31
9-30
9-26
3
10-
1
9-23
30c
10-
1
9-23
35c
10-
1
9-20
of
10-
1
9-20
18%c
preferred
10-
1
9-20
75C
10-
9-20
1
8%
$2
7%
$1.75
10-
1
10-
1
9•
9
9-15
10-24
11-
I
11-
1
10-11
11-
1
10-11
-
*
50c'
87yac
1
at
Piping
1
9-6
10-1
9-6
$1.12 ya
11-30
11-17
common—
$45
27yac
$1.50
&
■;
V/
10-
1
9-12
10-
1
9--A
25c
(quar.)_
1
$2
10-
•:
9-15
.<"■
•
1
10-
1
9-16
9-16
9-16
10-1
9-20
75C
(irreg.)
/
9
5%c
—
10-14
10-4
-
u
(quar.)
10-
56%c
1
9-14-
25c
9-30
25c
"■
—
9-30
9-8
9-30
9-
$1.75
(quar.)—
Inc.
9-30
10-
37yac
50C
—2
(quar.)
»-23
27 Vic
(initial)
common
-
•
•
9-
8
8
,
-
(quar.)-!.,^—.------!.
Miller Manufacturing Co.,
A
9-23
;
.9-29,
for redempshare plus
(quar.)_
/-Common., (quar.)
;
"$1 prior, preferred
9-15 /.
v.y
per
Supply Co.
Reclaiming—
preferred
9-15 '
•j
1
10-14
15c /
C9.jp-
Company,
Miller & Hart,
Class
10-
15c
—
9-23
10-1-
60C
Inc.
Extra
prior
9-30
$2
(quar.)—_
preferred- (quar. 11
preferred
9-10
9-20
10-
—
Rubber
9-20
•.
97 %C
(quar.Ti--—
preferred
Midwest
Falls
;
1
—
Midwest
o4%%
"
9-30
10
0-
$1.08%
Productsf common
convertible
9-16
9-30.
15c
____
Equipment
9-10
,-9-10
10- i
TelephofrtFCS:- of Illinois—
Steel
0-12
1
30c
preferred
Millers
9-28
10-
10-1
,
Products
Utilities,
non-cum.
.-7%
-V 15c
$3
Quarterly
Midland
Mid-States
class A
Oct.
South
10-15
$25c
on
Middle
10-7
$1.12ya
conv.
this
9-30
9-10
9-12
+50c
Corp.Mquar.)—
Tube
tion
9-15
v
(Greenville,
'
1
9-30
9-28
$$1.12%
—
preferred (quar.) —
Food Products
preferred Xcalled
10-15
1
30c
(quar.)
10-
25c
75c
(quar.)
Associated Telephone,
preferred
(auar.)^i_/;—
Bakeries, 5V2%^'pfd.
6%
9-10
35c
preferred
9-12
(quar.)
Michigan
1
50c
(quar.)
(quar.)
Virginia
Liggett & Myers Tobacco Co.—
7%
preferred (quar.)
Lima-Hamilton
Corp... (quar.)
$3.50
9-12
1
——
Michigan
10-1
$50c
(quar.)
National Life' Insurance "(quar
Lincoln Printihg Co., 'commbh——J.
4
1
10-
$1
—
(quar.)_^
—
& Co.,
10-1
96y4c
(s-a)_.
—
Co.
11-
10-
87yac
$1.75
10-
$2.40
—
convertible
11-15
37yac
(quar.)
Thermit
&
25c
(quar.)_
Insurance
9-20»
62'/2c
10-
$25c
-
9-30
Y.)
(N.
Corp.
common
Metropolitan
4.35% preferred
30c
Corp., common
preferred
(quar.)
9-16
9-20
10c
.r
9-30
Co._————————
62 %C
(quar,)
pfd.
1
Corp., 7% pfd. (quar.)-. :T
Brick (quar.)
Building (quar.)
Edison, 3.90% pfd. (quar.)
Metropolitan
Metropolitan
45c
Lehman Corp.
Stores
Lerner
Machine
Mesta
9-30
$3
(quar.)
3.85%
9-16
10-
—
1
62 V2C
(quar,)
Sons
1
50c
Ltd., common;
(quar.)—
Mersey Paper Co.,
4%%
preferred
10-
50c
(quar.)
Jones, Ltd., class A
10-
(quar.)_
Lintoype Co.
Mergenthaler
$12c
(quar.)
(James)
Y.
Publishing Co.
10-10
Langendorf United Bakeries, Inc.—
'Common
N.
preferred (quar.)
2nd preferred (quar.)—
30c
Company,
9-15.:
35c
conv.
37yac
-
Co., $2.50 pfd. (quar.)_
Inc., $6 preierred (s-a)-
preferred
1
-37y2c
Assurance
Company,
5c
(quar.)
(quar.)
H.),
10-10
5c
Sessions
(M.
&
$25c
—
Company
9*30
7yac
'■
-■
—
Light Co.
9-15
10-
(quar.)
class A
Extra
9-30
20C
(quar.)
(quar.)—„
9-19 V.
1
12-21
(quar,).
University
9-19
1
10-
Quarterly
Merck
$4
9-21
of
Fire
Merchants
9-15
9-27
1
10-
15C
—
1
12-28
10-
$1.06 V*
(quar.)_
(quar.)
Extra
1
: 10- 3
30c
Bank
Merchants
10-
$i.i2ya
preferred
Extension
$1
9-20
10-15
25C
1
5c
preferred
$1.50
10-
75c
—
10-
Industries
Gas
&
4-1-50
$1.12%
;
Laclede:' Steel; Co.^———i——,
Lamaque Gold Mines, Ltd
$2.50
12-23
<
(quar.)
(John), Ltd
Extra
50c
(quar.)
A
Lambert
1-2-50
25c
—
class B—
Company,
McQuay-Norris Mfg. Co., common
4%%
preferred (quar.)
Mead
Johnson & Co.
(quar.)
2%
dividend)
,
A
Laclede
9-21
50c
Co.,
convertible
——
&
vMcKesson & Robbins, Inc.
$4 preferred
(quar.)
$1
preferred
Corp.
1
37 %c
(stock
preferred
Salle
10-
37y2c
4 V2 %
4%
Co
G.)
Merchants Acceptance Corp.,
Lincoln
12-31
35c
Exploration Corp.
Maritime Telegraph &
25c
.
30c
I"*
12-10
30C
4V2%
Life
(quar.)
9-27
12-20
1
'
9-20
10-11
_
7c
9
1
(quar.)—
Liberty Loan Corp.,
10-
9-20
Marine
9-
10-
common
9-15
10-
10-15
9-30
25C
Company
Company,
9-30
50c
(quar.)__
10-15
10-
preferred
Koppers
8-31
'
Y.)
Co__j(N.
1
20c
25c
/. Quarterly
50c
f
60c
9-15
'.(M,
(quar.)
50c
10-
(quar.)
9-15
Powders, Ltd.—
10-
1
d$1.25
Oil
$1.75
preferred
1
10-
20c
(s-a?
pfd.
9-30
27yac
10-
30c
—
(increased)
$1.25
(quar.)
Kittanning Telephone (quar.)
Liberty
Exchange Building (Chicago)
Inter-Cxty Baking Co. new com. (initial)
$$3
—
9-20*
-3
Company, 5% preferred (quar.) —
Calculating Machine Co. (quar.)_
Magnesium Products Corp. (irreg.l-
$1.12'/a
Company—
$1.50 preierred (quar.)
$1.80
Insurance
9-22
1
10-
10
Marchant
9
Lees
9-20
9-24
1
25c
80c
Marathon
9-
Lawson
9-16
10-
$1.50
Maracaibo
9-26
1
1
9-26
9-15
9-30
5c
9-26
9-30
1
9-30
10-
t25c
(quar.)_
9-15
9-30
25c
7
9-20
$1.12 y2
.
(quar.)
Extra
9-
10-
9-30
9-20
-
9
9-30
20c,
9-30
10-15
$12.50
(accum.)
preferred
Trust
9-
1
$10c
9-
10-15
— ---—
preferred
6%
convertible
$1.20
9-26
1
I_IIIII
9-20
10-
Mansfield Tire & Rubber—
25c
9-
9-15
9-20
1
1
20c
(reduced)
Co.
Sugar,
2
9-
9-15
1
1010-
33%C
Service.
Sugar
9- 9
X
25C
25C
(quar.)
9-
9-30
1
9-30
50c
Inc.common
(quar.)
Coal
Public
9
•|9- 9
'
Corporation (quar.)
RR (quar.)
Mailman
Corp., Ltd
Maine Central RR., 6%
prior pfd.
Manati
9-
9-30
tl2'/2C
Car
Maine
9-15:
h*
9-15
9-30
10-
preferred
1
t$1.06%
10- 1
55c
Magor
Mahoning
1
9-30
J12yac
Stores,
9-30
Lang
$$1
MO
——
& Company,
10-
1
$12%c
$5C
9-30*
9-30*
11-12
Mines, Ltd.—
Publications, Inc., common
participating preferred
$1.50
Macy (R. H.)
Mading Drug
50c
La
1
$3C
12-15
Macfadden
20c
Labatt
10-
10-15
tlOe
Kingsport Press, Inc. (quar.)
Kinney (G. R.), Inc. (quar.)
9-
tl5c
$1.50
(quar.)
(quar.)
Kings County Lighting Co., 4 % pfd; (quar.)
9-19
2i/2c
9-20
9-16
10-15
Extra
9-15
9-
!
B
'
9-30
9-29
50c
25c
Export Co., Ltd.—
R.)
1
10-
3
A
Class
(H.
10-
10-23
9- 9
MacMillan
9-15
$1.25
—
common
——
25c
convertible
9-20
10-
Mines,
Resumed
1
9-15
ie-15
*25c
(quar.)
Ltd.
(resumed)
MacLeod-Cockshutt Gold
9-30
1
25c
(quar.)—
common
France
9-21
Macassa
Co.,
9-30
11-
1
10-
$1.U6
Market
(quar.)
Crosse Telephone
10-1
9-30
10-15
25c
Corp.
preferred
La
1
preferred
(quar.)
5%
9-30
;
Inter-Ocean Securities Corp., 4%
Inter lake
Steamship Co
1
10-
$1.75
—
La
1
6%
Forbes
&
9-30
10-1
Ltd
Shares
9-26
$1.25
(quar.)
com.
10-15
45c
& Co. (quar.)
Electric (quar.)—
&
10-15
:j37'/2c
initial)—
Investors, Inc. (interim)Institutional Shares, Ltd.—
10-
$1.50
Gas
10-10
50c
(quar.)
8-16
Ltd.—
(quar.)
6
9-12
9-15
1
11-
$1.50
Bauman
Gas
MacAndrews
40c
tt 25
Inland
Bank
R.)
Ludwig
Lynn
(quar.)——__
$$1.25
A
10-
9-17
9-12
3
3
9-30
$1
(quar.)
common
preferred
(quar.)
8-16
,"1 i'.C ;'•••«
_
(quar.)
10-15
25c
$4.50
K'ng-Seeley Corp.,
11- 1
30c
(quar.)
Co.,
Co.,
1010-
11-15
Manitoba
62yac
—
pfd.
25C
$1.75
12'/2C
2
$20c
common
4%
3-20
50c
MCKee'(Arthur
Leath
participating
9-
12-20
4-1-50
10-15
McKay. Machine
9-10
£0o
1
9-20
1-1-50
62y2c
10-15
50c
Lamston
4%
10-
.9-16
1
$1.25
9-12
Lamson
Inglis
2
1
10-
31j/4C
9-12
t25c
-
—
9-
10-
(quar.)
Manufacturers
(quar.)(initial quar.)
Co.,
9-30
Co.—
(quar.)
9-12
10-25
1
50c
Extra
Co.
9-29
11-15
10-
9-16
621/2 c
—
preferred (quar.)
(quar.)
preferred ($25 par)
Lowenstein (M.) & Sons (quar.)
4%%
preferred series A (quar.)
Lowney (W. M.) Co., Ltd. (quar.)-
1
9-19
(new
9-15
1
62 %C
—
(quar.)
10--^ 1
9-19
Tool,
9-30
Ltd.—
-
Copper Corp.
2nd
1
&
9-15
9-12
,
10-
$20c
(quar.)
(quar.)
$1
4%
1
preferred
Ottawa,
Gold Mines, Ltd.
(interim)
Corp. 6% prior pfd. (quar.J—
(Walter) & Company (quar.)——
Kimberly-Clark Corp., common (quar.)
4V2 %
preferred (quar.)
10-
Stamping & Mfg.
10-18
11-
$1.25
Fibre
10-
Machine
1
9-30
10c
—
Kerr-Addison
$1
Industrial
9-16
65c
Kidde
$1.25
In^crqoil
9-16
9-30
$1.25
Special
25C
__
9-30
&
9-30
$0.2337
(quar.)___
9-16
5%
—
4%
preferred (quar.)—________________
5% preferred (quar.)
Indianapolis Water Co.—
preferred
8-31
8-31
$1.25
(quar.)
com.
Kelsey-Hayes Wheel, class A (quar.)
Class B (quar.)
Kendall Company, $4.50 preferred (quar.)
10-15
preferred
00.,
1
9-30
10-
9-30
$15c
5%
.
10-1
9-10
5%
9-15
93 %C
dividend)
of
Natural
preferred
10-1
conv.
9-15
1
$1.75
(quar.)
(James
40c
4%%
1
25c
Kelley Island Lime & Transport Co
Kelling Nut Company, common
Keyes
10-
10c
$1.03%
fc%
9-23
10-
$25c
—
—
Kroger Company, 6%
(common)-
1
10-
x$$1.75
common..
non-voting-
(stock
Company
Kearney
$1.50
III
5%
preferred A (quar.)_
A
Industrial Acceptance Corp., Ltd.
9-23
(
Class
Co., Ltd.,
Company, common
preferred (quar.)
11-
$1.18%
—
9-
1
$1.50
Extra
11-15
50c
Co.,
1
10-
$1.25
preferred
$1.50
$3%
Light
6
10-
$1.50
—
Electric
preferred
561/4 c
—
(quar.)
9-15
75c
Light Co.—
(initial quar.)
Drug
10-20
(Madison,
(reduced)
11-10
1
9-30
20c
T
—
——
&
Power
common—
£%
(quar.)
12-
$1
Sons
Gas
Common
II- 1
tl2V2c
&
30c
common—.
common
Johnson
(E.)
-Kansas
9-16
:/
$1.25
Michigan Electric
Indianapolis Power
i2yac
(quar.)
3%% pid. (quar.)
Supply, $5 pfd. A (quar.)_
B
(quar.)
Sulphur Co. (quar.)
preferred
9-18
(s-a
preferred
$7
$5
1
—
&
1
10-
$1.25
(quar.)
9-15
preferred (quar.)
preferred
(quar.)
30c
(increased)
—————:
Independence Trust SharesIndependent Pneumatic Tool Co.
4 Va %
10-
9-30
Incorporated Investors
Independence Shares Corp.—
Indiana
9
9-30
com.
Telephone Co.
82'/2C
prd.
Kirsch
(interim)
preference
9-
(London, Ont.)
(quar.)
Imperial Paper & Color Corp. (s-a)_
Imperial Tobacco Co. of Canada, Ltd.—
6%
1
$1.50
preferred
.4%
9-
30c
(quar.)—
Commercial
Wis.)
1
10-11
$1.50
66 %o
t$1.50
preferred (quar.)
preferred quar
Cement
9-20
9-26
$$1.25
(quar.)_
Door Co.
9-20
10-
30c
(quar.).
1
9-30
$12%c
___
preferred
Illinois
10-
$1.12 y2
(quar.)___
Quarterly
Sash
9-30*
20c
common
Hussmann Refrigerator Co.,
Huttlg
9-30"
'50c
(increased)—
Huron & Erie Mortgage Corp.
$2.25
/;
62«/2C
Houdaille-Hershey Corp.,
preferred
9-19
-10-15
(quar.)
W.), Ltd., class A (quar.)__
Hoskins
Manufacturing Co
Hotel Gibson Corp., 6% preferred
(quar.) —
Humphreys Mfg. Co.,
f. 9- 2
9-29
50c
(Texas)
Shoe
;
93 %c
__
(Frank
Humberstone
9-27
$2:'
(quar.)„
common
9- 2
9-27
$1.12%
—
9-15
(quar.)
1
Kaynee
"
preferred
Ideal
9-16
9-
12 Vic
(quar.)
Bearing
6%
1
$1
A
J.)
Hoover Company, 4'/2%
Hoover
Horner
5%
8-31
50c
(quar.)
(quar.)__
(N.
9-15
1
(quar.)
Lake
Kawneer
(quar.)
Co.
-
1
9-30
$1.06%
(quar.)—
Natural Gas,
preferred (quar.)
Houston
6%
10-
$6c
(ouar.)
A
Co.,
$6
.6%
Baking
Houston
'5%
10-
25c
preferred
Finance
1
10-
(quar.)—
Kansas-Nebraska
1
9-15
10-
—
—
Company,
&
Kansas
9-
9-30
10-
preferred (quar.)
City Southern Ry.,
5%
1
10-18
9-15
$1.75
Publishing Co.
Quarterly
Julian & Kokenge Co
10-
9-20
9-30
9-16
i 9-13
9-30
87'/ac
1%
8-31
9-20
$1.62 ya
;—,
(accum.)
Journal
20c
(quar.)
Hardart
Household
5%
$1.50
25CI
9-21
9-29
87 yac
—
Ltd. (quar.)
(quar.)_
—
common (quar.)
Corp.
(P.)
Company, com. (Interim) —
preferred (quar.)
Los Angeles Transit Lines (quar.)
Louisiana Power & Light, $6 pfd. (quar.) —
Louisville Gas & Electric Co. (Ky.) —
9-15
9-15
Kansas
(s-a)
$4.50
9-30
9-19
9-30
Lorillard
9-16
9-15
1
Laughlin Steel Corp.,
preferred A
(quar.)
9-16
Electrochemical—
$4.25
9-29
9-30
75c
—
&
9-16
$25C
class
9-15
10-15
10-
Service
Water
Jefferson
1
—
Company,
preferred
Hooker
5%
9-19
1
9-30
—
Theatres,
preferred
preferred
preferred
5%
9-15
1
10-
1
Dock
Coal &
Lorain
1
81 %C
(quar.)
preferred
1
9-30
Company, Ltd.
$5
10-
—
(quar.)
10-
12-
10-
$$1
Corp
(quar.)
Cement
9-21
H 12-23
10-
"40c
Hosiery Mills, Ltd.,
class A (quar.)
80c
9-15
I
12-15
Star
/T 9-20
1
1-2-50
$2
50c
London
iy2c
shares
Tea
Kahn's
(increased)
Lone
9-15
9-22
$1.50
Co.,
Brothers,
Jamaica
10-
30c
preferred
H.)
Jewel
$25c
of Canada, Ltd.—
;
—
9-15
9-30
10-15
10-
2-21
9-30
$2
$2
';V7
(quar.)—
Aircraft-
Common
(N. Y.)
Coal
preferred
$$2.50
Hollinger Consolidated Gold Mines, Ltd.—
Quarterly
Hollingsworth & Whitney
$4
9-20
10-28
Co.
Paper
7%
9-20
9-30
20c
Hinde & Dauch Paper G».
Holland
9-30
$1
Monthly
Dauch
(Marcus)
12c
Co.
Co.
Public
Founders
Jones
15c
—
(quar.)
Inc.
Loew's
9-30
11-24
>.
3-10-50
10c
b%
(s-a)
B
preference
Johnson
Corp. (quar.)————.
Creamery Co. (quar.).
-
&
7%
Jenkins
9-17
30c
Creek
Jamaica
9-16*
9-12
1
Hlbbard, Spencer, Bartlett & Co.—
Monthly
"
Hinde
1
9-30
10-
Motors
Hershey
10-
1
91 %c
—
Loew's,
24c
preferred A (quar.)—
1st preferred (quar.)
6%
9-21
15c
——
—
preferred
10-
$1.37 y2
—.
(s-a)
9-30
45c
(quar,)—
(quar.)
Hendershot Paper Products, Ltd.—
5%
9-15
10-15
30c
,
-
preferred
9-20
9-20
$75c
(accum.)
Mfg.
Ironer
preferred
$6
9-13
9-23
1
10-
75c
(quar.)
common
1
10-
10c
—
Helme
1
Jamestown Telephone Corp.—
9-16
10-19
50c
common
9-16
1
10-
60c
preferred
(quar.)
Helemano Co., Ltd
Helena Rubinstein, Inc. (see Rubinstein, Helena)
Co.,
9-30
$1.25
3.65%
&
10-
10- 1
(increased)———--
preferred
$1.12 y2
——.
(Walter E.)
Lockheed
2c
preferred A (accum.)
& Light Co., 3.30%
Ironrite
45c
preferred (quar.)——
5»/2% preferred (quar.)
7 %
Iron
—
4%
6 V2 %
9-20
9-19
Co., common
$3 non-cumulative preferred (quar,)—
Hazel-Atlas Glass Co.
(quar.)
Hein-Werner Corporation
Heinz (H. J.) Company common (quar.)
Heller
9-14
25C
—
(accum.)
C
9-19
(quar.)
-
preferred
1
35c
Tobacco
6%
,
2-21
12-10
50C
BOO
9-15
1
Iowa Electric Light & Power—
10-1
15c
———
-
preferred B
$1.25
common
Insurance
6Vi%
Chain
Steel
1
50c
Power
(quar.)
(stock dividend)
prior preferred (quar,)--—.
Hart &
Cooiey Co.
(increased)
Hart, Schaffner & Marx
Fire
9-10
$20c
$5
Hartford
1
(quar.)
Insurance
Harris-Seybold
10-
——
Harnischfeger Corp., common
5% preferred 2nd issue (quar.)—
Harrisburg Gas, 4J/2%. pid. (quar.)
Harrisburg Steel Corp (reduced quar.)_
Fire
9-10
(quar.)
Carpets,
Hartford
1
—
Insurance
Locke
10-
10-
$1.50
(quar.)
Electric
10-
$1.25
common
9-15*
10-1
75c
10c
quarterly basis
Co., 7% pfd. A (accum.)
a
11-24
3-10-50
$1.10
8% preferred (quar.)
B% preferred (quar.)
50C
Fund
Selective
on
$1.12 y2
Common, class B
Hanover
Iowa
Co.
9-16
13-10
$1.10
—
(monthly)
Common
9- 9
30c
——.——————■
$1.06%
—
(quar.)
Knitting,
H.)
Royalty
Extra
Now
(quar.)
9-29
$1.25
(quar.)_
1
10-
ZVhC
Lock Joint Pipe Co.—
2
Investors Telephone Co.—
(quar.):
preferred
3
9-15
8-
$1.20
America
$12'/2c
(quar.)
pfd. (quar.)—
(quar.)
com.
Foundation, Ltd.—
6% convertible preference (quar.)
Investors
Mutual, Inc
25C
Ltd.
Co.,
10-
Investment
$1
preferred (quar.)
Hamilton
I
9-29
43 %c
,
;
common
$12y2c
4%
—-
7%
Hosiery Mills, $6 pfd.
Corp.
(increased)
Investment
Ltd.
1
10-
75C
(quar.)—
Department Stores (quar.)
Interstate
20c
of Canada,
Co.,
11-
$1
prior preferred
$1.50
(quar.)__
Lime & Alabastine
lrton
'
Haloid
Co.
9-16
$1.50
—
Co.__———————
Company,
Original capital
Original capital
Special guaranteed (quar.)
Special guaranteed (quar.)
10- 3
$1
Bakeries
Interstate
9-30
11- 1
t8%C
(quar.)—.
(quar.)
Co.—.
Salt
preferred
$25C
Gulf
$1
——
common
9-16
9-30
25c
Llpe-Rollway Corp., $1 preferred (quar.) —
(Tnomas J.), Inc., 6% pfd. (quar.)_
V. 9-30*
10-15
37'/2c
(quar.)
Lipton
Canada, Ltd.—
of
Co.
Payable of Rec.
Share
of Company
Oil
Little Miami RR. Co.—
(quar.)—
preferred
10-1
Guardian
9-16
10-
t$1.75
(quar.)
50c
■
9-30
preferred ($100 par) (quar.)
preferred. ($5 par) (quar.)—
$4
•
9-15
50c
International Paper Co.,
Trust
9-15
10-1
$40c
International Ocean Telegraph
55c
1
$$1.12 V2
(quar.)
preferred
Name
Lion
(quar.)
International Nickel
7%
/
Payable of Rec.
Industries, Ltd.—
preferred
Common
9-17
10-1
Metal
(quar.)
International Minerals & Chemical Corp.—
9-22
1
9-27
$1.25
______
Investment
Utilities
10-
$1
&
Engineering Corp.__—
Guantanamo Sugar Co., $5 preferred (quar.)
Guardian Investment Trust (Hartford, Conn.)$1.50
9-30
35c
f.
(quar.)
Grumman Aircraft
International
4% %
convertible
5%
Share
Name of Company
9
45c
(quar.)—
Corporation, common
preferred
(quar.)
4V*%
Share
■
Oreybound
common—i,—_—
2-__—
37%C
25e
10-
2
10-
2
5c
9-30
15C
10-15
9-20
9-20
9-20
10-
5
:
Volume 170
Number 4841
THE
Per
Name of Company
Miller-Wohl
When
Share
Company,
COMMERCIAL
FINANCIAL
&
Holder•
CHRONICLE
Per
Payable of Ree.
Name
of Company
10-
1
4Ma%
convertible
preferred
(quar.)
Minnesota Power & Light, 5% pfd.
(quar.)_
56 MiC
10-
1
$1.25
10-
1
9-15
Mississippi Glass,
4%
preferred
(quar.)__
Mississippi Power Co., $4.60 pfd. (quar.)
Mississippi River Fuel Corp. (quar.)
Mississippi Shipping
(quar.)
15c
10-
1
9-19
Partial
$1.15
10-
1
9-15
of
9-30
9-16
stock for each
10
ican
Gas
(J.
&
1
Extra
Mitchell
Electric
S.)
;
$25c
10-
1
9-15
North
A, B, C and D
Almerican Refractories
$50c
12-15
11-15
North
Shore
Corp.
9-16
1
9-16
Northern
Ltd.
(quar.)
Corp.
of America
3
9-20
10-
1
9-15
Northern
10-
1
9-15
9-30
10-
4Ma%
9-15
1
Mohroe Chemical Co.,
Monsanto Chemical
$3.25
class
Montreal
A
A
pid-
A
B
Drop
4%%
1
9-13
10-
1
Norwich
9-21
10-
1
9-15
Mac.
1
1
10j
1
9-15
10-15
9-19
(quar.)
50c
$1.75
Works,
10-
1
10-
1
4.40%
Ohio
9-19
Ohio
9-15
Ohio
Old
Colony
10-
1
8-31
Old
Line
10-
1
8-31
t$1.75
10-
593/oC
9-30
9-16
$1.50
9-30
9-20
Morrison Cafeterias
:;ri
$1.75
1
9-24
9-29
9-12
25C
&
10-15
Co..
Brass
Murphy
(G.
Murphy
Paint
C.)
Co.,
6%
Mutual
-
Chemical
Co.
preferred
preferred
6%
(F. E.)
Nachman
."Nation-Wide
.National
3
Pacific
Car
9-14
Pacific
Coast
9-20
Pacific
Gas
1
Co.
Co.
9-15
Paraffine
9-28
9-
10-
1
4%
7
preferred
Insurance
10-31
30c
40c
10-14
9-
9
$50c
10-
1
9-
9
$44c
(quar.).
11-15
10-
1
9-
9
50c
10-15
HO
H
2c
10-29
Corp.,
Telephone
12-15
12-
$1.50
(s-a)
Class
B
National
12-15
10-
1
1
9-15
$37 Mac
10-
1
25c
10-
1
National
6%
Lead
Co., com.
preferred B
10-
pfd.
8c
25c
(quar.)
(quar.)...—
National Linen Service Corp.,
$1.50
9- 2
9-
1
10-20
>
9-
9-30
11- 1
10-
2
9-23
-
25c
12 Mac
9
4Ma%
4Ma%
3.8%
9-29
9-15
10-15
9-30
National
Tool
National
Union
9-23*
6%
9-20
$6
$37 Mac
Nehi
Corporation
New
Britain
New
1
10-15
10-
1
9-15
(quar.).
10-
1
9-19
$1.12 Ma
...
10-
Brunswick
11-15
1111-
4
9-30
9-30
9-23
35C
9-26
9-
(quar.).
17 Mac
25c
10-
9-16
9-30
10-15
England Gas & Electric Assn. (quar.)
4,/&% convertible preferred (quar.)
New England Power, 6% pfd. (quar.)
New England Telephone & Telegraph
22 Mac
21
New
New
New
Jersey Power & Light 4%
Co.,
common.
4%%
RR.
10-
1
1
York
New York State
$4.50
&
Rosario
.
Mining
_______
$1
Newberry
33/4%
(J.
J.)
Co.
$1.50
North
American
10-3
6
9-6
10-
1
9-30
9-
2
9-20
$1.12 M«
10-
933/4C
10-
1
9- 9
$1
—
10-
1
9-16
1
10-10
9- 9
9-29
50c
10-
1
9-15
933/4C
11-
1
93 34 C
10-
1
9-15
$1,0614
$40c
30c
1
9-16
9-30
8-30
10-
10-
1
9-20
9-12
40c
9-30
25C
,9-30
..$10c
9-30
9-
9-30
9-20
Inc
Ltd
Acceptance,
class
3
9-14
1
9-14
convertible
1
preferred
Philco
v
be
Co.
Metals
Co.,
6c
A
.
„
'
A-
"
9-20
2
1st preferred
2nd preferred
Riverside
10-
50c
1
9-8
9-21
10-
1
9-12
43/4%
10-1
9-12
Common
15c
10-20
11-
1
10-
3
3
9-
10-
1
9-20
10-
1
9-20
preferred
&
•
*■
&
lO-.
Jl
9-23
9-?8
9-11
.
,
,
$50c
2914c
9-29
9-29
11-1
10-3
$10c
Ltd.
11-
10-
9-30
20c
$1.12Mt
1*0- 1
25c
12-15
Company,
10- 1
$1.25
10- 1
$1.25
10- 1
10- 1
25c
—
Cable
convertible
15c
—
30c
1_
17'/2C
83/4c
—
5c
(irreg.)
(Helena),
Inc.,
50c
$1.75
75c
common
(quar.)
Extra
25c
Russell
1
10-17
Russell
30c
11-1
10-17
Russell
$20c
$$1.75
20c
Class
10-
1
9-20
75c
10-
1
9-15
9-15
A
■
(quar.)
(Jacob)
&
Berg
20c
—
St. Joseph Light & Power, 5% pfd. A (quar.)
St. Lawrence Flour Mills Co., Ltd., com. (quar.)
preferred
(quar.)
10- 1
9-10
St.
Louis National Stockyards
$1.75
10-
4
9-10
Bt.
Louis-San
25c
10-
1
Co
25C
(quar.)
9-30
9-10
9-16
15c
10-
1
10-20
9-30
6c
10-20
9-30
Francisco
Oil Co. (quar.)
Mining Co
Pollock's, Inc.
(quar.)
Polaris
10-
1
9-15
10-
1
9-23
Ban
5c
Co
Sulphite & Paper Co.—
(quar.)
2*
9-25
9-
9-27
9-15
10c
preferred
10-
1
9-26
$1
10-
1
9-26
62 MaC
10-
1
9-15
9-30
9-23
(quar.)
Porter (H. K.)
Company, 5% pfd. (quar.)_
Portland Woolen Mills, Inc., 6% pfd. (quar.)
$1.50
Potomac
22 MaC
9-30
9-
7
9-
7
(quar.)
—
1
9-21
•
9-10
9-19
9-29
9- ®
9-9
9-21
10- 1
9-30
9-30
9-30
9-30
9-21
$1.25
10- 1
11-1
11- 1
10- 1
9-3
9-15
$40c
$$1.75
9-30
9-30
9-21
12- I
12-15
10-1
9- %
1
1
9-13
£-14
9-16
9- •
25c
30c
$1.25
$$1.07
10101010-
1
1
•
Antonio Transit
Quarterly
Quarterly
.Quarterly 4J
San Diego Gas & Electric,
4Mi%
preferred (quar.)
-
,
5%
-
com
preferred
(quar.)
(quar.)
San Jose Water WPrks, common (quar.)
Sangamo Co.,
Ltd.
(increased quar.)
45C
9-30
$$1.50
(quar.)__.
10-
10- 1
9-30
$1.10
Safety Car Heating 3rLighting Co., Inc.—
Quarterly
;
—
Safeway Stores, Inc., common (quar.)
5%
preferred (quar.)
Saguenay Power Co., Ltd., 4M»% pfd. (quar.)
50c
Plymouth
9-10
9-21
9-21
$1.25
preferred A vtc (quar.)
Paper Co.,
pfd. series A (quar.)
1st
$1
..i.
9-26
10- 1
Ry.
conv.
Regis
4.40%
10- 5
9- 7
10- 1
50c
20C
common
Power, common
3.60%
preferred (quar.)
Power Corp. of Canada, Ltd.—
6%
1st preferred
(quar.)
6% non-cum partic. preferred
5%
Bt.
9-15
60c
____.
9-30
10- 5
3Gc
$1.75
(quar.)
10- 1
10- 1
10-15
10-15
10-15
10-15
9-28
$$1.12V2
Extra
St. John Dry Dock Co., Ltd.—
4%% 1st preferred (quar.)
7%
9-19
9-19
9-19
9-9
9-1*
9-14
9-30
50c ' TO- 1
$1.12Mi
(quar.)_
(F. C.) Company
Industries, Ltd., common
7%
preferred (quar.)
Ryerson & Haynes, Inc
9-15
..
25c
4
4Mi% pfd.
Fund, Inc
Common
(quar.)
preferred
(quar.)
10- 1
81.25
Company
3
9-13
9-15
9-19
12- L
,
Ruppert
9-15
1
$20c
(quar.)
9-29
1
9-12*
$10c
——
9-15
10-
10-1
1
1
11-
9-12*
1
10-15
$1
9-13
1
10-
10-
90c
10- 1
10-
10-
$50c
$62%c
93a/4C
53 MaC
.
9-23
9-15
50c
9-1®
9- 3
J.
22'/2c
(quar.)
Ltd
Co.,
9-lt
I
9-27
10-
10- 1
,
9-19
37MiC
—
Pittsburgh, Ft. Wayne & Chicago Ry.—
; :
10-
62 MaC
Pittsburgh, Bessemer & Lake Erie RR. (s-a)
i
10- 1
;_
Little
Rubinstein
1
6
$1.75
common...
Ruberoid
1
10-
Electric
9-19
,
9-15
1
15C
non-cum.
9-21*
$1.25
9-16
1
9-
1
4%
10- 1
10- 1
10- 1
'
10-15
9
9-
9-21*
$1.37Mi
90c
$1.12Mi
-
10-
12-
9-30
9-30
1
50c
35c
1-3-50
4
10-
(quar.)_____
4%
5
Common
25c
9-9
$1.75
50c
25C
9-15
20c
Mills,
preferred
Rome
30c
1
(resumed)
Corp., common (quar.)
preferred
(quar.)
Rothmoor Corporation, common (quar.)
Class
A
(quar.)
Royal Typewriter Co.. common....—
7%
preferred
(quar.)
Royalties Management
$1
(quar.)__
9-9
10-
preferred A (quar.)
prior preferred (quar.)
Roeser & Pendleton,
Inc
1
10-
9-9
10- 1
5%
1
$1
(quar.)
(quar.)
5%
1
9-
of
10-
5%
9-30
10-
9-9
10- 3
10- 3
$1.50
(quar.)
Cotton
Rockwood
9-15
9-15
25c
<
Telephone Corp., common
preferred
(quar.)
Ages Corp. (quar.)
4»/2%
Rock
9-26
9-15
•
1
4
Extra °
$1.25
common
25c
(quar.)__
Rochester
10-
Huron
10-15
9-26
(quar.)
Co.^—
convertible
Robinson,
10-15
Port
11- 1
; 9-15
-
v
(P. L.) Mfg. Co.,
preferred
(quar.)
Robinson
$1
Pocahontas
10-13
9-19
•
(accum.)
Robertson
2
10-
Creek
11- 1
I2M2O
-
-
9-
9-30
Pond
10- 1
15c
(quar.)
Cement
1
9-8
9-9
9- 9
.
10-1
10-1
r
partic. class A (accum.}___—
Riverside Silk Mills, Ltd.—
$2 participating class A preferred (quar.)
Robertshaw-Fulton Controls Co.—
10-14
1
$15c
'
common
preferred
10-
$1.50
1.12 Ma
(Hartford)
Plymouth Cordage Co.,
Employees stock
1
,
15C
Ry.
Glass
1
10-
9- 6*
11-19
9-23
1
10-
$1.12 Ma
$1.25
10-20
Plate
10-
(quar.)
9-15
25%
Package
Company
"10-
(quar.)
9-15
10c
1
40c
25c
common
7%
9-15
12- 1
9-29
.
,
1
1
10-15
87M2C
(quar.)__
Inc.—
1
10-
9-23
10- 3
$40o
(quar.)
10-
50c
Inc.
9-23
9-30
$25c
preferred (quar.)
(R. J.) Tobacco, 3.60% pfd. (quar.)
preferred
10-
75C
Pittsburgh
10-21
9-30
stockholders
convertible
52c
(quar.)_
Plough,
10-21
1
10c
50C
$1.50
.
Northern
&
1
11-
Bros
Ritter .Company,
(quar.)_«_
Pillsbury Mills, Inc., $4 preferred (quar.)__
Pilot Full Fashion Mills
(quar.)
Pitney-Bowes, Inc., 4M»% pfd. (quar.)
Paper
&
7%
about
(quar.).
Insurance
Piedmont
11-
25c
convertible prior preferred A
Richardson Company
25c
.
Corporation
Phoenix
10-1*
50c
25c
9-10
20c
33/4% preferred Class A (quar.)_
Philip Morris & Co., Ltd., common (quar.).
4% preferred (quar.)...................
3.60%
preferred
(quar.)
Pictorial
9-15
$27o
common
9-10
$1.25
:
i
8-29
$1.25
class A
preferred
10-
1
9-15
V
10- 1
11- 1
(quar.)___
10-
9-15
9-22
<
1
(quar.)__
10-1
$1.50
preferred
10- 1
(quar.)
B
Rice-Stix,
9-10
9-9
1
25c
preferred
5 V2 %
9-12
9-2
10- 1
10-13
$1.25
A
Fund, Inc.
(quar.)___
„5%
should
preferred
50c
(s-a)_.
preferred
$1.15
(s-a)
2nd
60c
(quar.)
20c
(irreg.)
(subject to
A
Reynolds
10- 1
10- I
10-
Co.
Investors
Reynolds
8
9-15-
9-15
1
50c
Extra
payable on Oct. 3 pre¬
in our columns must be
2nd
87MiC
933/4c
$1.183/4
preferred
$2.50
Electric Co.,
preference (quar.)
5%
10-15
(quar.)
(quar.)
Corp.,
10-
$1.12 Ma
payment
non-cum.
Pittston
70c
(quar.)
Noblitt-Sparks Industries,
Nopco Chemical Co
Mining
7
9-15
9-
Co.
Corp., 334% pfd. (quar.)_
Newport Industries, 4M»% preferred (quar.).
Niagara Wire Weaving Co., Ltd. (quar.)
Normetal
9-
1
3
$1.50
Company
2-
10-
"5%
Bit
Republic Steel Corp.,
11- B
9-
9-9
*
7%
Newport Electric
File
9-15
10-
$1,183/4
(quar.)
preferred
Nicholson
6
Electric & Gas—
preferred
preferred
10- 1
9-
10-
___—
(quar.)
3.75%
preferred
(quar.)
New York Trust Co. (quar.)
Newark Telephone Co. (Ohio)—
6%
9-30
:A
9
$1.75
Service, Inc., common..
(quar.)
Honduras
Interim
1
9-16
9-
56M4C
preferred
New York, Chicago & St. Louis RR. Co.—
6%
preferred A
(accum.)
New
10-
9-19
9-16
;
9-30
40c
Co.
■r
10-
30c
$1.12 Ma
....
10-
$1
pfd. (quar.)
(quar.)
Northern
New Orleans Public
9-21
1
10-15
$1.50
50c
Hampshire Fire Insurance
Haven Gas Light (quar.)
10-
$1.12 Ma
(quar.)
New
New London
c
9-21
9-30
'
1
10- 1
$1.25
;
Philadelphia National Insurance Co. (s-a)_
Philadelphia & Reading Coal & Iron Co
Philadelphia Suburban Transportation Co.—
9-15
25c
Ltd.
10-
9-11
1
9-30
$3
(quar.)
Republic Petroleum Co. (quar.)
Republic Pictures Corp.—
1.
non-cum.
$1
9
1
$12c
England
9-23
10-
10-
9-22
'
(quar.)
6%
9-i6
9-30
11- 1
$27c
pfd.
conv.
6%
1
9-26
40O
(quar.)
Philadelphia
9-20
9-30
(quar.)
(quar.)__
New
10-
10-15
9-22
10-10
11-30
$50
Republic
8
4.50%
preferred
$4
4
11-15
25c
(quar.).
Machine
(quar.)
Telephone Co.,
Electric System
next
preferred
$4
9-19
1
53 Mac
47 Mac
Co.
9-16
9-
33c 2-15-50
(quar.)
$5
preferred
(quar.)
Philadelphia Dairy Products Co.
$4.50
1st
preferred tquar.)
9-15
50c
400
(quar.)
Paper
(quar.)
Nekoosa-Edwards
10-
—.
(quar.)
Insurance
1
9-27
50c
(quar.)
shown
$2.40
Renfrew Textiles, Inc.,
Renold Coventry Ltd.,
Class A (quar.)
Corp.—
Brewing Co. (stock dividend)
Philadelphia Co., common (quar.)
9-23*
Co
Fire
■
incorrect.
Dec.
9-30
30c
—
_______
Corp.
10-
22 MaC
(quar.)
(quar.)
common
preferred
the
9-30
5c
Terminals
9-15
(quar.)
Pfeiffer
(quar.)
(quar.)
9- 9*
The company is paying a
quarterly payment, but the last div¬
idend was paid on Sept. 1, consequently
Inc.—
...
9-30
10-10
10-
25c
10c
Ltd.
$1.50
Pfaudler Company—
The 25c dividend
20C
preferred
National
1
15c
preferred
(quar.)..
Tea Co., 4Mi%
preferred
National
10-
9-15
25c
(quar.)
Year-end
Car,
9-15
11-15
9-19
Corp
Steel
9-30
10-14
30c
1
$2c
Stores Corp.
(quar.)
Mfg. Co., 3Mi% pfd. (quar.)
Remington Rand, Inc., common..
$4.50 preferred (quar.)
33c
Pet Milk Co.,
10-14
1
1
15c
—
Quarterly
National
$1.75
1
10-
$1.75
$1.50
Reliance
9-19
Reymer
be
National Sugar Refining Co..
National Supply Co. (Pa.) common
9-20
9-28
3
Corp.
$2
Reliable
10-15
25c
2-
viously
(s-a)
9-19
$1.12 Ma
1
9-30
1 '
10-
25c
non-cum.
2-15-50
Circle
Co.,
dividend
$1.60
25C
9-20
pfd.
9-15
(quar.)
9-20
conv.
10-
9-9
10-
v
Bros., Inc. (quar.)
Knitting Mills, Ltd.
Regent
preferred
10-
6%
25c
Reeves
9-30*
cum.
10-1
__
Stamping,
10-1
1
10-20
25c
approval)
1
6%
9-15
National
10-15
9-23
10-
9-15
B
Stock
5
9-15
National Shirt Shops of Delaware,
9-30
10-15
9-30
15c,
$1.25
—
Stores, Inc.
preferred A
Roller
11-
1
Shares
9-15
11-15
1
National
1
25c
10-
National Rubber Machinery Co.
10-
Class
(quar.)
10-
(quar.)
9-14
preferred
$1.25
Co.
1
8-31
9-23
25c
;
(quar.)
Corporation, common
5%
preferred
(quar.)
Reed (C. A.)
Company, class
9-l-4-_
10-
9-20
1
10-15
Reece
cum.
$1.12 Ma
Radiator
9-15
Owl
H 43/4%
9-15
preferred (quar.)—
preferred (quar.)
National Motor Bearing Co.
(quar.)...
National Pressure Cooker
(reduced quar.).
4Mi%
National
10-
Red
10- 1
9- 1
10-
*9-30
_
T—."
common
Co., 4% 2nd preferred
Real Silk Hosiery Mills, Inc.
5% preferred A (quar.)
12-15
15c
5%
9-23
1
(quar.)..
com.
10-14
10-1
1
9- 1
9-30
$1.25
$3.50 convertible 1st preferred
(quar.)
Purina Co., 334%
pfd. (quar.)
Rayonier, Inc., $2 preferred (quar.)____.
11-15
$1.12 Ma
9-30
2 »/2%
Ralston
$1
1-1-50
Perfect
$1.75
(quar.)
Bearings, Ltd., class A
Corp. of America—
$$1.75
20c
(quar.)_
$2.10
preferred
(quar.)
Pennsylvania Water & Power Co., common__
$5 preferred (quar.)
Peoples Drug Stores, Inc. (quar.)
Peoples Gas, Light & Coke Co
12- 2
10-
$30c
—...
(quar.)
1
1-1-50
$15c
9-15
M.
Raytheon Mfg.
(quar.)
preferred
(quar.)
Pennsylvania Telephone Corp.—
9-16
pfd.
Reading
$1
4.60%
9-15
—
■
&
Radio
9-15
(quar.)_
Common
9-15
10-
$15c
Corp.
R.
$1
(quar.)
5% preferred (quar.)
Pennsylvania Power & Light
4Ma% preferred (quar.)__.
1
(quar.)
Semi-annual
9-20
62 MaC
cum.
Co.,
10-14
10-
62 MaC
$1.32
Ltd.
__________
10- 2
$1
preferred
preferred
9-15
10-
40c
35c
Quincy Market Cold Storage & Warehouse—
9-21
(quar.)
cum.
1
Extra
4Ma%
Penney (J. C.) Co
Pennsylvania Glass Sand
12- 5
50C
;___
Investors
9
1
(quar.)
$1.32
5
$15c
common
(quar.)
9-
25c
.
A
9-30
10-
50c
common
Co.
9-15
10-
common
common
7%
preferred
$1
10-18
$2.50
preference
(quar.)—
National Gypsum Co
Class
9
6%
"
$1.50
National Hosiery Mills,
Class A (quar.)
9-
Oats
$1
9-17
1
I 9-20
Coffimon
9-30
$1
9-30
9-30
Common
Co.
Ltd.,
(quar.)
Transportation
Peninsular
Gas,
original
Industries, Inc.—
1
preferred
Peaslee-Gaulbert
(quar.)
"National Grocers Co.,
Companies, Inc.,
Parmelee
9-15
9-22
$45c
9-15
15C
Co.,
11-15
(irreg.)
9-28
(Md.)
preference
$50o
Ltd.
9-27
35c
.
$-30
Quaker
9-16
$25c
Co.
75c
(quar.)
11-23
9,-26
•^
$$1.25
Panhandle Eastern Pipe Line
4%
preferred (quar.)
12-12
1
$2
Express
Co.
9
9-16
50c
Packard
Car
9-
10-
$1.50
(quar.)
9-30
Tubes,
8
25c
9-30
Motor
9-
10c
(quar.)
Service
1
25c
10-15
12c
&
Quebec Manitou Mines
(s-a)__
9-20
1
$1.44*/,
(initial)
Electric
Pure
9-15
Reed
10-15
Page-Hersey
dlv.
3
Oklahoma—
Puget Sound Pulp & Timber Co. (reduced)
Oil Co., 5% preferred (quar.)____
Putham
(George)
Fund
(Boston)
Pyle-National Co., common
(quar.)
8%
preferred
(quar.)
9-12
<
$$1.25
4c
12-15
1
9-30
$10
(quar.)
Co.
Electric
Public
12-28
10-
(quar.)
Lighting Corp.,
9
9-15
1
9-26
37 Mac
25C
2nd
Conn,
Foundry
Pacific
9-15
of
10-
10-
Common
(stock dividend)
Puget Sound Power & Light—
$5 prior preferred (quar.)
10-
9- 6
9-16
$1.31 V*
_
Publicker
10-
9-14
9-15
Y.)—
(quar.)
preferred
Publication
9
1
1
9-26
10- 1
Mexico—
9-15
9-
10-
10-
$1
New
8-25
30c
(quar.)
(N.
(quar.)
9-15
28c
(quar.)
A
$1
RR
1
9-30
9-Zai.
8-31
30c
$2.50
(quar.)
Trust Co.
1
$15c
Intermountain
9-
of
Co.
Service
$1.40
7
$1
Co.
preferred
Terminal
&
&
9-30
9-28
50c
Co.
preferred
preferred
Public
America—
(quar.)
$4.50 pfd (quar.)
(quar.)
Pacific Telephone & Telegraph Co., common
6%
preferred
(quar.)
City Lines—r...
$4 preferred Class A (quar.)
National Electric Welding Machine Co.—■
Quarterly
'
."National Erie Corp., 5%
1st pfd. (s-a)
Hartford,
4%
preference
&
Bank
10-
37 Mac
of
Carbon
Indemnity
National
National Fire
&
Pacific
9-28
Aluminate
non-cum.
Co.
9-20
9-15
10-15 '•*' j>-23*
12c
;
10-
$1.25
37 Mac
Co., Inc.
1
(quar.)
9-14
11-10
10- 1
10-iu
30c
;
(irreg.)
Worcester
Service
4%
'
(Boston)
Insurance
Pacific
$1.50
Corp.
10-
Co.
$25c
$1.10
(quar.)
Co.
Pacific
Corp.
(quar.)
.National Biscuit Co. (quar.)
National Breweries, Ltd., common
7%
preferred (quar.)
j
National Cash Register Co
i
3%
Co.
9-22
1
9-30
common
Securities
9-
(quar.)
9-16
:»
15c
—;
Nash-Kelvinator
9-16
1
$1.50
Co.
1
97 Mac
(quar.)
Pacific-American Investors, Inc.—
America—
Brother
&
Corp.
10-
(quar.)
.
preferred
$1.50
10-
50c
(quar.)
$25c
20c
9-15
10-
50c
Mutual Telephone Co. (Hawaii)—
4.8%
preferred A (quar.).;
Myers
(quar.)
Co., common
Service
9-30
$20c
of
Inc.,
9-30
$1,183/4
(quar.)
(quar.)
System,
preferred
5 %
10-
Corp. of America, 4% pfd. (quar.)
Murray Ohio Mfg. Co
Muskegon Piston Ring Co. (reduced)
6%
9-15
50c
(quar.)-_
Insurance
Common
11-10
10-
Murray
Mutual
11-10
11-30
25c
Ltd
1
(quar.)
common
Corp.—
preferred (quar.)
Industries,
11-30
25c
■«..«
Manufacturing
Co. (quar.)
Co., 43A% pfd. (quar.)
10-
common
Ribbon
lc
-
9-21
$2
&
Service
Public
Holding
Life
lc
___________
Mullins
9-30
Development
Co. (quar.)
Extra''.
Mueller
10-
$1.25
;
Mining
1
(quar.)
Inc., common (quar.)
;
6% preferred (quar.)
Omnibus Corporation 8% pfd. (quar.)
Ontario Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
Ontario Loan & Debenture Co. (quar.)
Ontario Steel Products Co., Ltd., common
7% preferred (quar.)
Orange & Rockland Electric—.
4% preferred (quar.)
Oswego Falls Corp., 4Mi% pfd. (quar.)
Ottawa Light, Heat & Power Co., Ltd.—
Morris
(quar.)
10-
Omar,
9-19
Oil,
Ltd.
Olin
9-24
Inc.
9-11
Quarterly
Town
Public
9-21
1
(quar.)_
9-15
1
Diablo
pfd.
9-15
1
Motorola,
1
10-
$2
Quarterly
2
10-
(accum.)
Gas
Washington Ins. Co.
National
4.65%
1
10-
Mount
9-
Cement—
Old
10-
59 3/a c
Consolidated, Inc.—
preferred (quar.)
Finance, $5 preferred (quar.)
Water
preferred
Providence
9-15
35c
10- I
15c
(quar.)__
Haven)
9-30
9-26
933/4C
8-31
1
10-
(New
$4.50
5'/4%
3%
1
12- 1
10-
$15c
60
non-cum.
8-31
50c
see
22 Mac
(quar.)
RR.
Lid.,
Service
Service
$5
1
62MiC
Bank
9-15
Co
preferred
10-15
Moore (William R.) Dry Goods (quar.)
Morgan Engineering Co.—
;
$2.50 prior preferred (quar.)
Plan
1
45C
& Power,
preferred
$25c
preferred (quar.)
Philip Morris & Co., Ltd.
10-
Co
Public
3.90%
t$1.75
4%%
Providence
Public
(quar.)
!
10-
(quar.)
(quar.)
(quar.)
Forging Co., common
preferred (quar.)
(Philip)
Oil
$50c
preferred
Mills,
Candy
$75c
(quar.)
Providence
9-15
10c
Light
Ohio Edison Co.,
9-19
$40c
Ltd
9-23
9-26
1
Co
Portland
Worcester
Scotia
Oceanic
9-15
conv.
Paper
&
States
Nutrine
11-10
10-
(quar.)
common
12-
20c
$1.05
com.
Telegraph Co
Moore Corp., Ltd., common
preferred
10-
$1.62 Mi
Co.,
1
10-15
Quarterly
87
(auar.)
Montreal
preferred
Northwestern
6
Nova
(quar.)C
7%
6
9-
12MiC
(s-a)
Locomotive
redeemable
9-
9-27
Ogilvie Flour Mills.
Utilities
4%
9-27
62MiC
$3.50
10-
Co.—
preference
Gas
-
$1Mic
Co., 8% pfd. (quar.)
B.)
Company (extra)
(Fred
10-
50c
$25c
Co.—
$4.20 preferred (quar.)
Montgomery Ward & Co.,
7%
Natural
33/4%
preferred
(quar.)
Northwestern Leather Co.
9-15
Co.,
pref.
conv.
Montana-Dakota
Motor
convertible
Holder*
Payable of Ree.
56M4<?
Proprietary Mines. Ltd
Prospect Hill Apartments—
Northland Greyhound Lines—
62MiC
(quar.)
3
$83/4c
(quar.)
Service
TO-
$25c
Equipment
preferred
(quar.)
Morris
Public
20c
(quar.)
Auto
Morris
Indiana
$25c
(quar.)
pfd.
10-
1
15c
(quar.)
60c
25c
_>
America
Gamble
&
Prophet
75C
1
25c
5%
Procter
40C
Co.
10-
(quar.)
share
Co.
10-
Co.
Co.,
Brewery,
Molybdenum
Moore
Gas
40c
(quar.)__
9
common
Common
$1.22 Mi
common
(quar.)
Ltd., class A
1
Rayon Corp.—
(quar.)
North Star Oil, Ltd., 7%
pfd.
Extra
7%
American
20c
Rubber
Co.
11-
9-22
9-15
Petroleum
Molson's
"•/ $7
common
1
North
(One
Coal
Metals
Pressed Steel Car, 4Mi% preferred A (quar.)
Preston East Dome Mines, Ltd. (quar.)
53
"
10-
shares of North Amer¬
1
.
Hosiery
5%
dividend
Kentucky
Lambert, Inc.
Pressed
9-
of
When
Share
9-21
TO- 1
50c
(quar.)
25c
liquidating
West
Company
Pratt &
Co
10-
preferred
Mohawk
.
9-22
preferred
American
10-
Ltd
Extra
Monroe
convertible
North
Per
Corp.—
$1
Containers.
Mohawk
Mojud
<
1
$2
Car
Ltd
;
(Robert),
4.90%
10-
9-19
American
$$1
Co.,
Mobile Gas Service Corp.,
Modern
25c
Service
North
Name of
Payable of Rec.
held)
Missouri
Mitchell
45c
9-19
Holderi
When
Share
20c
common
(1233)
10-15
9-20
Sangamo
$75C
10-15
9-20
Extra
Electric
Co.
(quar.)
—
12%c
11-15
12 MiC 2-15-50
12MiC 5-15-50
20c
10-15
22MiO
10-15
25c
10-15
50c
10- 1
$17MiC
9-26
40o
10- 1
30c
10-1
-
11- I
2- 1
5- 1
9-39
9-39
9-3®
9-1®
9-2»
9-17
9-176
54
When
Per
Name of Company
Arabian
Saudi
Savannah
Schuster
>
10-31
15c
50c
(quar.f
Corp.
Sugar Refining
&
Ltd..
Syndicate,
.(quar.jk—
10-
10-
Line RR.
vtc
Common
1
;
Stromberg-Carlscn Co.,
7-18
11-
10-18*
10-
9-14
12-
11-14
12-
11-14
10-
9- 9
Sun
10-
9-17
Sunbeam
10-
9-17
9-30
9-
25c
12-31
129-
$1.25
12-31
12-
45c
10-10
9-22
65c
15c
10-10
9-22
—.——
9-30
9-15
preferred (quar.)__
Securities Acceptance Corp., common
5%
preferred A (quar.)_
Security Banknote Co., common (irreg.)—
75c
12 %c
31 %c
25c
9-30
9-15
5%
scries A non-cum.
Finance
Seaboard
convertible
$2.60
Seattle
6%
Co.,
Gas
Co.,
(quar.)
common
preferred
(quar.)
common..
convertible
____
__________
_
1
9-
9-29
$1.37%
$1.12%
Bottling Co. (St. Louis)
Company, class B
(quar.)
Seven-Up
(quar.)_
10-
9-20
10-
9-12
15c
(quar.)_
10-
10-
9-16
1
Teck
10c
1010-
Shamrock
Oil
&
(quar.)___
40c
10-
Boston
20c
9-27
9-21
50c
Gas
9-30
9-16
35c
9-30
9-20
10c
9-22
9-
Shareholders Trust of
Sharon
Steel
Corp
(increased)...—:
G.)
Company], (quar.)—
Sharp & Dohme, Inc.
Shattuck
(Frank
9-16
4%
preferred A
(quar.)
Shellmar
Products
Corp.,
$50c
_
(quar.)
com.
10-15
9-30
10-
9-28
3
1
9-15
9-30
59%c
2
9-
1
10-
40c
4%%
preferred (quar.)
Sheraton Corp. of America—
$1.25 convertible preferred
10-
$2c
$1.25
__
(quar.)
9-15
-
& Pacific
Texas
Mills,
9-30
9-16
Thorofare
$25c
9-30
8-30
5%
conv.
5c
9-30
9-20
5%
non-conv.
Sick's
Seattle
Silverwood
Class
Slater
Oil
Company, Ltd.,
preferred (quar.)
$2.12
Steel
(A.
(H.)
4%
Co.
1
9-
1
9-
9
10-
9-
1
1
10-
9-
9-
S
10-
9-
1
9-30
25C
10-
9-17
1
10-
1
9-23
31 %c
10-
1
9-12
62 %C
11-
1
10-15
1
1-3-50
Markets,
(quar.)
10-15
12-20
12-10
11-
10-
1
3
9-30
9-21
10-31
9-30
10-20
9-30
4'/4%
Edison,
1
9-16
10-
1
9-1f
Waukesha
10-
10-
1
1
1
9-
Sommers
Drug
Bonotone
Stores
35c
9-27
10-
1
•
$1.75
10-
1
1
Corporation,
9-26
T*om Bell Royalty
10-15
9-30
Tooke
tlOc
10-
3
9-i
9-30
Toronto
tl5c
10-
1
10-
1
9-22
tl5c
10-
1
+$1.25
10-
1
9-17
45c
10-
1
(reduced)__
8c
9-30
31 %c
9-30
South American Gold
Platinum
&
(s-a)
99-
6
•___
Traders Finance
10-
3
South Carolina Electric & Gas,- com.
5%
preferred (quar.)__.
(quar.)
preferred
10-
3
9-21
B
37 %C
(increased)
4%%
Trane
15c
10-
1
9-20
10-
1
9-20
10-
1
9-20
Tri-Continental
9-30
9-16
Treesweet
Products
10-
Co.,
1
10-
t37%c
Southeastern
Telephone Co.
Southern
Advance
Southern
&
Southern
Bag &
Atlantic
California
Original
4.32%
Edison
Canada
4.8%
preferred
&
M.
&
O.
(quar.)_
series
$3
common
preferred
Standard
Paper
Mfg.,
(quar.)
Partic.
convertible
Participating
_
$7 pfd.
Screw £o._
Stanley Brock, Ltd., class B
Class A (quar.)
—
Works
(accum.).
State
Steak
Street
n
Shake, Inc.
5%-preferred
Steel
Bros.,
Products
(Boston)
(quar.)
(quar.)_
Engineering
Co.
9-15
10-
1
9-15
1
9-
9-30
11-
1
$i
1
9-19
11-
1
50c'
10-
1
9-20
10-
1
Stern & Stem Textiles,
common
Special
;
4%% preferred (euT.l.i.;
10-17
pfd.
$6
Corp.,
Salle
La
(quar.)_
1
5
tlOc
10-14
9-30
10-
9-
25c
35c
10-
1
a-ip
10-
1
9-15
50c
10-
1
20c
1
St
9-20
11-15
Western
10-
10-15
10-
1
10-
10-
3
6%
25c
50c
10-
1
9-
IOC
10-
1
9-15
$1.25
10-
1
9-
6
$1
10-
1
9-
6
Investment
Union
Pacific
4%
9-27
9-27
10-1
Co
RR.
preferred
Co.,
(quar.)
common
(s-a)_________—
9-
9-19
preferred
United Fuel Investments,
6%
class
United
A
Gas
75c
10-
1
10-
1
pfd.
1
9-30
10-14
10-
75c
9-23
9-24
1
10-
1
9-15
10-
1
United
Industrial
10-
1
—
Bank
(Brooklyn)
United National Corp.—
Non-cumulative
$4.25
10-
1
9-15
1
Printers
United
9-30
11-
$15c
11-
10-
1\
9-
7
U.
S.
(quar.)
10-
3
9-
3
9-. 9
10-
1
9-12
9-10
W'ichita
Publishers
&
Markets
20c
1
(quar.)
9-20
10-
9-16
30c
Islandt
10-
1
10-
1
9-15
10-5
37%C'
—
Cold
Storage Corp., common_________
partic. prior preference (quar.)
Participating
10-
9-20
5
50c
9-30:
9-30
XT.
preferred
8.
Foil
Class
7%
U.
S.
9-30"
9-16
10-14;
9-26
2nd
U.
S.
Gypsum
10-10
9-22
10-15
9-30
10-
(N.
1
9-15
12-31
12-15
Co.,
10^ 6
U.
10-
1st
preferred
1
1
9-17
U.
S.
U.
S.
U.
S.
9-30
9-30
9-21
9-30
9-21
9-30
9-
(quar.)
10-
$1
>>
(quar.)_
10-
*1-75
$1.25
1
'
9-19
I2%c
10-
1
9-19
10-
1 I
66c
1-3-50
10-
1
4% %
Pipe & Foundry
Playing
Card
Plywood Corp.,
Co.
22 %c
(s-a>__
(quar.)
75c
_______^_
~
9-15
1
9-15
(quar.)
S.
preferred A
(quar.)
Printing & Lithographing,
5%
preferred
9-19
U.
S.
Radiator
U.
S.
Trust
United
Steel
Co.
A
(quar.)_____
9|-21
12-16
Corp.,
(New
6%
Corp., Ltd._^
10-
10-11
62 %c
8-1*3
10-
1
1
10-
Co.
1
9-16
11-1
10-21
1
9-
9
10-
1
9-
9
10-
1
9-19
10-20
20C
10-15
25C
30c
(quar.)
10-
10-
1
10-
1
$1.12%
1010-
1
k
(quar.)_
9-20
9-23
49-
1
9-12
9-30
S1.50
—
1
30
9-20
1
10-
1
1
t25c
$1.06%
(quar.)___
A
9
9-20
1
75c
series
9-23
10-
10-15
$1.06%
—i.___
9-15
1
9-23
10-
56 %C
A: (quar.)_
25C
(quar.)
Woodward
Iron
Woodward
&
Co.
(William)
9-10
-9-10
$1.25
9-19
1
9-30
t50c
9-30
'8-3*1
50c
9-29
9-12
50c
9-28
*9-
8
$1 25
9-23
■9-
8
—
common
10-17
10-31
10-
12 %C
common
Combing Co. of Canada,
Wrigley
1
1
dSl.50
___
(quar.)—
Lothrop
10-
10-
Co.—
5%* preferred '■ (quar.
Wool
9-14
*
Ltd.—
'
' <tOf
25C
10-
1
r'
•1-
1
I4C
(monthly)
*9-23
10-10
10-
1
9-20
■
].
Common
(monthly)
; v.
Wright-Hargreaves Mines, Ltd
Wyatt Metal &; Boiler Works——
Yale
&
Tcwne
Yankee
Fibre
.
$1 80
,•/:
Mfg.
Co
Machine
Co.
2'c.
(quar.)
Cab
37 %c
Co., 6% cony. pfd. (quar.)
Corporation, (quar.)__r___:
4%.% preferred (quar.)
County
Gas Co
York
Corp.,
9-23
1
9-
*
9
9-16
10-10
9-2B
10-31
10-
/'
—
-8-26
9-30
10c
.
10-20
.
8-30
ip-
v
Tile. Mfg.
Yolande
York
'
;
1
75c
11-
10-20
9-15
10-1
•9-1«
1
10-15
9-15
1
9-15
•Transfer
10- -1
9-23
1
9-i 9
books not
closed
for
tPayable in U. S. Funds, less
tPayable in Canadian funds,
this
dividend..
15%
•
Canadian
tax
deductible
'
.
aou-resldents'
a*'
the
*
tax.
source.
o
7pss
11-
1
10-20
3
9-15
dLess
9-30
9-15
x
Less
British
3%
30%
income
Wisconsin
Jamaica
tax.
■
:
V'
dividend tax.
income tax.
-
Non-
..rjesldent tax 15%; resident tax 7%.
10-
tl5c
10-
9
10-
—.—
preferred- (quar.)
75c
-
9-15
1
50c
(Alan) Steel Co., 5% pfd. (quar.)___
Woodley Petroleum Co.
^
Woods Manufacturing Co.. Ltd.—______
$8.75
(quar.)
(quar.)!
1
10-
——
Wood
,
preferred
York)
11-30*
12-20.
10-1
93 %c
___]
10-
75c
$1.25
common
preferred
preferred
Oil
Yellow
9-30
1-3-50
-\
25c
(quar.)
common
25c
15c
(quar.)_
9-15
9-13
9-
$1
Company, $4.25 preferred
Yates-American
50C
33/4%
U.
12-16
9-16
preferred
8
9-15
10-1.
50c
9-15
10-.1
57C
Lines.
9-15
9-30
S.
Inc.,
1
1
1
15c
Wiser
9-21
60c
7% preferred
(quar.)
S. & International Securities Corp.—
$5
U.
87y2c
25c
4% %
9-21
6
$1.50
common
Stores,
1010-
10-
(irreg.)
Wisconsin Electric Power
9-21-_
10-
$1.75
9-13
9-30
10-
;b
8-10
$1.12%
Y.)_
9-19
40r
Co.
1
(quar.)
.
(quar.)
preferred
Guarantee
2-
t25c
Line, Inc. (s-a)_—
Lovett Grocery Co.—
8-10
1
$1.75
(quar.:—
Foreign Securities Corp.—
1st preferred
(quar.)___
S.
1
20c
^
U.
10-
20c
Class A_^
CO.,
preferred
&
$1
$1.75 V 10-
1-
B'
$4.50
$6
(quar.)
2-15-50
&
6%
$7
1
$1.25
9-16
50c
S. Fidelity & Guaranty Co. (Baltimore) —
-Quarterly
U. S. Finishing Co.,
$4 convertible preferred (quar.)_
11-
$1
Corp.-.
Wilson
9-16
50C
12 %c
,
11-15
Inc._
Oil
&
Winn
9-20
$1.25
—
Ltd.
9-20
62 %c
Co.—
Fund,
conv.
10-20
1.
10-1
25C
Wilsil,
9-20
15c
(s-a)
(quar.?
11-
$1.50
$1.25
Wilson
U.
9-23
1
75c
—
—
$4.25 preferred
(quar.)
6%
preferred (quar.)
Willys-Overland Motors—
$4.50
1
9-13
9-15
(quar.)—
Corporation
River
Wieboldt
9-15
10-10
$1.06%
4%
10-10
9-30
.
Whitehall
9-20
9-30
/
$2.50
(quar.)
(Rhode
lOr
10-15
Co.—
(quar.)
Inc.
Paper
Whiting
9-30
9
9-23
10-15
68 %c
10-
9-20
.
t50c
(quar.)-— __
prior lien (quar.)
Wheeling Steel Corp., common
r
$5 prior pTeferred (quar.)
Whitaker
1
9-30
t35c
class A
4%
,,
—_—_________
Machinery, common
preferred* (quar.)
1
9-30
20c
8
9-20
9-30
10-
$1
5
9-26
10-14
$1
(quar.)
preferred.
Shoe
6%
10-15
11-
jlOc
10-
15C
_
.
partic.
preferred
United Public
9-15
$1.75
'110-15
55c
United New Jersey Railroad & Canal
United Piece Dye Works, Inc.—
9-15
t31%c
50C
40c
u
—
9-30
v
9-15
(George),
t75c
—
10-25
10-25-
9-15
1
RR.
preferred
25c
preferred
Corp
United
10-15
9-17
1
10-
—
Ltd. (quar.)—
Weyenberg Shoe Mfg. Co._
Wheeling & Lake Erie Ry., common
9-23
$1
Ltd.—
(quar.)
5 %
Weston
9-15
1
10-
$1.50
—
City)
(Kan.
(quar.)_
Pacific
10-
$1.25
(quar.)
(accum.)—
A
Westmoreland,
9-20
9-30
$1.75
(accum.)_—
Illuminating Co
Income Fund___;_
9-17
11-
$1.50
9-30
$1.12%
(quar.)
United Dyewood Corp., 7%
United Fruit Co.
(extra)
9-17
$56%c
$1.75
85c
9-20
10-15 *
$1.12%
preferred A (quar.)
5%
preferred A (quar.)
Western Tablet & Stationery Corp.
2
25c
Stockyards Co. of Omaha, Ltd._______
Twist Drill Co. (reduced)
Biscuit Co. of America,
_________—
United
9
9-30
9-30
$1.12%
Insurance Securities
class
Union Carbide & Carbon Corp.—___——
(quar.)
9-13
10-15
1
45c
5%
Co.
9-20
9-27
11-
$1.75
(quar.)
preferred
9-10
Rubber
&
9-15
Co.—
_—
Ltd.,
Grocers,
$2.50
10c
$1
1
17%C
Stores (quar.)
Co.
preferred
Western
9-20
1
25c
7
9-12
-
1
10-
30c
quarterly
Electrics
Western
11-10
$1.40
62 %C
10-
30c
—
$6 preferred
Western Department
Corp.
—_
9-36
35c
Casualty & Surety Co.
Increased
9-16
1
q-15
'9-15
9-30
50c
(quar.)—
preferred (quar.)
Western
10-
1
3
3t%c
pfd. (quar.)
preferred
$4.50
5
10-
1
9-15
10-
$1.50
9- 9
10-15
9- -7
10-15
62 %c
9-16
10-
12 %c
9-30
31 %C
(quar.)
9-20
1
10-
(increased)
(quar.>_
—
Asbestos
United
9-30
9-30
25c
25c
:
9-16
1010-
(quar.)__.
Water Service
Virginia
3
9-20
120c
(quar.)_
(quar.)____
9-17
9-15
10-
10-17
n'25
II
1
9-20
1
$5
9-15
9-15
9*
75c
5C
(quar.)
10-
9-23
.
1
25c
9-15
1
10-
U 25
(quar.)
Ltd.
(quar.)
3
10-
Common
9-15
Corp.
(quar.)
preferred
1
10-
60c
Sterling Aluminum, Products
Sterling Drug, Inc.. 3V2% preferred
4%%
10-
50c
Investment
preferred
Stedman
"II
Company
Stesher-Traung Lithograph
5%
$1.25
g0c
_
__
S.)
10-12
t50c
__.
Standard
Stanley
9-15
t31%c
preferred...
Standard Power it
Light,
Starrett ;(L.
9-30
1
$12%c
non-cum.
10-
(extra)
West Texas Utilities,
Corp.
Union
Union
10-14
93%c
6%. preferred
1
10-
5
■<.
Standard Paving &
Materials, Ltd., com.,
Partic. convertible
cum.
preferred
10-
25C
Western
Union
5c
(quar.)
9-23
1
25C
9-20
9-15
Ohio,
A
9-10
1
10^
9-20
10-1
10-15
25c
of
1
10-
9-20
10-
(quar.).—_______
Corp.
(liquidating)
Underwriters Trust Co. (N. Y.) (quar.)——
9-20
18%c
Corp., common
preference
(quar.)
Co., Ltd., 4%% pfd. (quar.)
Standard Gas&Elec., $6 prior
pfd. (accum.)
$7 prior preferred (accum.)
3%%
1
10-20
10-
$1
(quar.)
Co.
-
3.0-15
d25c
Fuel
Standard Oil
11-
47%c
& Steamship
participating
Participating
Standard
9-30
10c
Co
10-
10-15
1
Realization
Ulen
United
A
Factors Corp.,
Fruit
10-15
$1.27"%
.
preferred
11-15
40c
■
_
(initial)
9-15
10-15
—_—
pfd.
$1.25
Quarterly
Udylite
$4.50
(quar.)__.___
Stahl-Meyer, Inc., $2 to $5 prior preferred.
Standard-Coosa-Thatcher (reduced)
75c
5
40c
Square D Company (quar.')__
Squibb (E. R.) & Sons
$4
preferred
(quar.)
Standard
9-
$2
Insur.- (Dallas)
preferred
Standard
9-30
$1.20
(s-a)__.
1
$1.05
1
25c
South
208
Co.—
Trust
Life
preferred
5
J30c
Sovereign Investors
Springfield Fire & Marine Insurance
$4
9-
37%c
com._
Southwestern Gas & Electric—
5% preferred (quar,)_
4.65%
9-15
;
9-30
t$1.50
Electric Co.,
(quar.)
Stock
Southwestern
9-15
Ltd.—
Southern New England Telephone Co
Southern1 Railway
1
10-1
50c
(quar.)
partic. preferred' (quar.)
10-10
10-
$1.02%
10-
Corp. (quar.)__
Trinity Universal Insurance Co.
0-15
10-
27c
Co.,
10-20
25c
(quar.)—
preferred B (quar.)
;—
preferred C (quar.)
West Virginia Pulp & Paper (quar.)
Union
(quar.)
9-15
35C
7%c
4.10%
11-
8
9-20
Co.—
Common
6%
Southern Indiana Gas
8
9-
1
9-30
25c
62%c
(quar.)
Power
10-
20c
(s-a)
9-
9-28
I0o
(quar.)____
Co,
participating preferred
preferred
Southern
9-28
$1
50c
(quar.)
Paper
Telegraph
9-30
25c
A
class
d50c
Trico Products
306
,
9-21
75C
(quar.)_—__——.—
Co.
t$1.12%
preferred (quar.L
Company (quar.)
68%6
South Porto Rico Sugar Co., common
8%
preferred (quar.)
Southeastern Public Service Co
it
9-21
Coast
West
(increased)
62 %c
(quar.)
(quar.)
9-30
9-30
4.20%
-
5%%
South Penn Oil Co.
7-17
$1.75
4%% "preferred
a
Corp., Ltd.—
A
Class
9-21
5c
(quar.)
________—
Class
6
12%c
._
Mortgage Co.
Torrington Company
-
Extra
4-17
9-20
Toronto
$1.25 convertible preferred Class A (quar.)
common
1-16
5-1-50 \
8-1-50
—
9-15
1
<
10-17
$1.27%
(quar.)
West Penn Power Co.—
9-15
10-
Mfg.
7%
9-15
9-30
9-15
1
37 %C
Telephone Co.—
preferred
(quar.)
West Michigan Steel Foundry, com.
(quar.)
7%
prior preferred (quar.)—:
—
West Penn Electric Co., com. (increased)
9-15
2c
Co
Brothers,- Ltd
Iron Works, Ltd., com.
(quar.)
60c participating class A (quar.)
1
11-
37 %C
$1.20
11-16
10-15
10-
2-1-50
preferred (quar.)
Inc. (quar.)
Fund,
West
9-15
12-
10-10
-
(quar.)
$1.50
37 %C
Wesson Oil & Snowdrift
•
9-15
$1.06%
9-1.7
9-20
Company—
convertible
Wentworth
9-15
15c
12%c
Co.—
preferred
conv.
4%
J
$i
(quar.)
Weeden &
9-20
10-
15c
pfd.
Co.
Motor
Knitting Mills
Wayne
9-20
10-
8- 8
9-27
9-30
37 %C
Waterloo,
9-1?
25c
10-1
40c
37 %c
10-
tl5c
'
9- S
87 %C
Cedar Falls & Northern RR
Waterous,
Ltd.
(reduced)
1
10-1.
62 %c
9-16
t25c
(quar.)
$2.50
Baking Co., common (quar.;
5%% preferred (quar.)—
Brothers Pictures; Inc._!
Wellington
preferred
9-20
Warner
9-10
—
Toledo
9-15
9-20
1 '
Ward
Weber Showcase & Fixture Co., 5%
—__—
1
1
25c
1
10-
9-21
$1.75
10-
93 %C
1
25c
9-28
9-1C
$3.75
9-21
10-
25C
3-15
9-30
1
10-
Co
6-15
9-16
preferred (quar.)
Timely Clothes, Inc._
Tip Top Cahners, Ltd., class A (s-a)
Tip Top Tailors, Ltd. (quar.)
Tishman Realty & Construction Co. (quar.)_
Tobin Packing Co., common (quar.)____—
7% preferred
(quar.)
3
Cotton
10-10
$1.06%
1
10-
25c
4-1-50
1
9-10
12-
10"
common
6-26-50
9-30
12-10
10-
Baking Corp., common—
7%
preferred (quar.)
•Waldorf System,
Inc.
(quar.)
Walker &
Co., class A
(quar.)
Walt Disney Productions—
6% convertible preferred (quar.)
12-15
$1.12%
Stores, Ltd._—
10-10
10-
Co.,
31 %c
(quar.)_
$1.25
7%c
3
9-15
1
9-30
$2.50
31 %c
_
12-22
10-
20c
(quar.)
common
t25c
initial series
preferred series B
preferred
1-3-50
25c
(quar.)_.—_____________
25c
(quar.)
common
9-20
t56c
25c
—
1
t25c
50c
.
10^
t$1.25
50c
—
—
9-
Wagner
9-15
10-
50c
1
62%C
(s-a.
Tool
Wabasso
9-17
10 15
25c
:
9-23
9-30
10-
62%c
preferred (quar.)___
Corporation—
$3 convertible prior preferred (quar.)
Vulcan Detinning Co., 7% preferred (quar.)
Vulcan Mold Si Iron Co._l
9-26
25c
15c
40c
7%
9-26
9-30
9-15
Vulcan
9-23
$1
1
(quar.)_'
preferred
Vlchek
0
$1.25
10-
w"~
2*
9-29
9-15
$2
Virginian Railway,
9-15
1
1
Virginia-Carolina Chemical Corp.—
6%
participating preferred (accum.)
6% pfd. (quar.)__ __—
6%
preferred (quar.)
6%
preferred (quar.)
6%
preferred (quar.)
S
1
1
10-
preferred (s-a)
3%%
10-14
10-
9-28
10-
Corp. of Canada,-Ltd,—
preferred (quar.)
common (quar.)
Victor Chemical Works,
8-17
1
1
11-10
9-28
66%C
—
preferred
5%
9-16
10-
1
Metal,
Common'
9-15
4
9-16
10-
Vicksburg Shreveport & Pacific Ry. Co.-—
9
1010-
10-14
1
$1.12%
(quar.)
Ltd.,
5%
9
10-
1
10-
5c
4%%
9
(quar.)__—
11-
1
(quar.)
scries B preferred
Verney
Viau,
Tide Water Associated Oil Co.—
9-
12%c
(quar.)
i
Solvay American Corp., 4%
50c
10-
tsc
10c
Aircraft
Extra
10-
10c
7
1
50c
Society Brand Clqthes (quar.)
1
9-15
9-
(quar.)_
10-15
10-
$50c
__
(quar.)_
com.
9-15
1
—
11-15
t50c
Paper Mills, Ltd.,
(ouar.l
8-12
1
10-
—i.__
Thrifty Drug Stores Co., Inc.—
4%% preferred A (quar.)
4'%% preferred B (quar.)
60c
preferred
Solar
Thrift
7
40c
O.)
Corporation (quar.)____
Smith, Kline & French Laboratories
Smith
7
9-
Iron
&
Quarterly
Smith
9-
1
50c
common
1
10-
$1.06%
$53c
(N.)
Bloss-Sheffield
1
10-
$$1.25
(quar.)_________
10-
11-
$2
Extra
Corp—
$30C
(quar.)
Corp.
10-
'
•
9-20
$1.02%
common
Corporation
jl5c
._
Ltd.—
Dairies,
9-20
1
t5c
preferred
Common
$ 15c
(quar.)__>
___!
—
Western
preferred
Sinclair
Co.__
Dairies, Ltd., class A
B
Silverwood
5%
Brewing
1
10-
25%
Common
—
10-
50C
Thor
_______—.
1
35c
(quar.)_
com.
Common
9-14
(quar.)
& Malting
9-
25c
_______
10-10
Ltd.
1
1
9-30
40c
___
1
Breweries,
9-
10-
t50c
—
Textiles, Inc., common
—
4% preferred
Textron, Inc. <R. I.), common (quar.)__—
$1.25 convertible preferred (quar.)
Thermoid Company, $2.50 conv. pfd. (quar.)
1
Sick's
2
t25c
;
Railway Co., common_L__—
non-cumulative
10-
__
2
9-
56 »/4c
—
Company (quar.)____
Texas Engineering & Mfg. Co.
11-
________—_—
9-
1
10-
(quar.)
_______—_______—t20c
preferred (quar.)
t$1.75
Shuron Optical Co. (quar.)___
35c
of
1
10-
10-15
9-20
7%
10-
9-20
11-15
30c
—
2
J
9-30
12-? 1
_____
4%% preferred (quar.)
8% preferred (accum.)—_
Utah-Idaho Sugar Co.—
60c
class A preferred
(quar.)
Utah Power & Light Co
Utica Knitting Co.— '
5%
prior preferred (quar.)
5%
prior preferred (quar.)
Utility Appliance Corp. $1 conv. pfd. (quar.)
Van de Kamp's Holland Dutch Bakers, Inc.
Vapor Car Corp., 5% preferred iquar.)_—
Velvet
Freeze,
Inc.
(quar.)
9-20
10-
10-15
25c
(quar.)______
com.
(quar.)_I
preferred A
Upresslt
9-22
9-
50c
25c
_______—
Michigan Fower & Light Co.—
4% %
9-15*
10-15
10-
1
Common'
3
9-30
15C
10-
Sherwin-Williams Co.
10-
10-1
j
9-23
10-15
75c
Co._l_
Tobacco
preferred
6%
9-22
75c
31 %c
+__
3
10c
Thomaston
(quar.)
Canada, Ltd.—
10-
15c
—
8% preferred <quar.)
Tower Co. (Cleveland)
2
8%
9-15
Texas
5%
—
1
Terminal
Shawinigan Water & Power Co.—
Sheep Creek Gold Mines, Ltd..
Sheller Mfg. Corp., 5% 1st preferred
Inc.
Products Si Chemical
Tennessee
10-
tl%c
common..
—
(stock
Wallpaper,
Upper
5
11-
$1
Inc.,
Mines. Ltd
Transmission,
dividend)
4.10%
preferred
(quar.)
4.25% preferred (quar.)___
9-15
____
Extra
11-15
35c
(quar.)
Gas
Common
9-14
15c
—
Hughes Gold
^Tennessee
9-15
10c
•
9-30
40c
______
Technicolor.
Leaf
25c
preference (quar.)
Instrument Cos. (quar.)_—
Taylor
Universal
9-20
9-10
26 AC
9-20
10c
Selected Industries, $5.50 prior pfd.
Servel, Inc., $4.50 preferred (quar.)
4%
9
9-26
1
1
28'/a C
Mines, Ltd. (quarj_—____
Inc., common (quar.)
4%%
preferred (quar.
Tamblyn (G.), Ltd., common
9- 9
1
10-
10-
50c
Gold
Extra
10-
t$5
(quar.)
common
Electric Products,
preferred (quar.)
Sylvanite
Insurance
$1.13
(quar.)___
Talcott (James),
9-15
9-29
Corporation
Company
&
$4
9-10
10-
_____
(Canada)
Co.
Sylvania
9-10
1
25c
__
____
Selected American Shares
Shaler
1
10-
25c
Seeger Refrigerator
Extra-
10-
Swift
Universal
10c
(quar.)___—
series A (quar.)__
preferred series B (quar.)
Sunshine Mining Co. (quar.)—
9
preferred
preferred
non-cum
Universal-Cyclops
9-26
62 %c
4%%
9
series A
A
United
9-23
1
31 %C
——
common^
Corp.,
Assurance
Sunray Oil Corp.,
4'A% preferred
9
9-30
5%
Life
9-23
1
Upson Company,
(quar.)_J
$4.50 preferred
9
$1.25
vtc
Common
Chemical
Sun
1
Corp.—
Suburban Propane Gas
preferred
10-
50c
4%
17%C
(quar.)_________
Inc., 4% pfd. (quar.)
Steel * (quar.)
10-
50c
(quar.)
pfd. (quar.)
Studebaker Corp]'':(;:ii_rf-_i_'i-'i---_---.------;Struthers
Wells Corp., $1.25 pfd.
(quar.)_
5%
Stockyards Corp.—
convertible preferred
70c
r*
Payable 0) Rec.
-y
United
9-15
$1.25
Strawbridge & Clothier $5 preferred
10-18*
.
10-
25c
-Extra
1-18
11-
9-16
8
9-30
25c
—
4-18 ]
8-1-50
25c
._
(quar.)
5-1-50
■■
lOx
:.
10c
Stop & Shop, Inc.
10-18
c
15c
9-20
Co.—
(irreg.)
(quar.)
Stokely-Van Camp, Inc., common
______
.«
5% prior preference (quar.)—
2-1-50
—
Air
Seaboard
43%
9-20
1
11-
Corp.
Htldert
When
Per
Share
Name of Company
Paya bie oj Rrc
25C
(quar.)
Stix, Baer & Fuller Co., 7% 1st pfd.
1
10-
1
10-
$1.06%
4%%
preferred
(quaf.)__~__
—
$1.18%
Bchwitzer-Cummins, 5%% pfd. A (quar.)—
27%c
5%% preferred A (quar.)
27 %c
*5%%
preferred A (quar.)___
—27%e
5%% preferred A (quar.)
27 %c
Scott Paper Co., $3.40 pfd.
(quar.)
85c
$4 preferred
(quar.).
—
$1
Scovill Manufacturing Co., common
50c
3.65% preferred (quar.)
#
—
91 %c
4.30% preferred (quar.)
.—.
$1.07%
Scranton Electric Co., 3.35% pfd. (quar.)—
83%c
Scruggs, Vandervoort, Barney, Inc., com
15c
$4.50 series A preferred
(quar.)
$1.12%
—
Stewart-Warner
9-17
1
10-15
25c
Company, common (quar.)
preferred
9-23
Share
of Company
Holdert
When
Per
Name
Monday, September 26, 1949
CHRONICLE
FINANCIAL
&
Holdert
Payable of Rec.
Share
Mining
(Ed.)
4% %
COMMERCIAL
THE
(1234)
-
;
;
]
\
v
/
y'1*-
J
"
'
Volume
170
Number 4841
THE
Tucker
General Corporation and
investment News
The
tendecL-by
The
The
board
elected
D.
L.
six
any
months'
in the
period
director of the
For the past 35 years Mr. Whittle has been successfully
corporation.
identified with
various
business
interests
Texas,
a
of
the
executive
Texas.—-V. 170,
in
1088.
•
Calces:1
Neb
loss
after
charges—
♦Net income before
in
but
$2,255,905,
provision for Federal income tax.—V. 170,
•
of
lease
-
comparative
,
have
Operating
the
The
cruals
.
General
reserve
$8,883,516
4,837,119
5,262,503
35,995
455,073
443,170
56,263
856,835
covering
71,970
991,261
"
the
loan
a
Gross
Total
71,000
34,000
781,000
$173,557
$98,018
$1,720,336
Ad¬
the
deal
and
purchase
equipment.
heavy
for
'
'
operation
overs
In
costs
possibly sale,
or
1,272
9,216
35,126
82,879
$174,829
$1,755,462
$1,335,579
35,915
$107,235
4,635
305,851
51,300
$102,599
$1,449,610
$1,284,278
(598,441.86 shares)
$2.42
$2.15
deducts.—
normal
the
better
mats
'
use.
and
to
a~season
once
,
in
the
battery's
construction
All-rubber separators
power-producing plates.
insulation
only
;
used
are
help
provide
extra
to
help
pre¬
used
are
for
power
for
quicker
starting.
The battery will be produced for all makes of
automobiles
trucks using passenger car-size batteries.—V.
170, p. 833.
and
for
Vacuum Foods Corp.—New Financing and
Recapitali¬
this
maintenance
rental,
in
Fiberglas
op¬
zation Planned—To
In
the
annual
report
Change Name—
just
released, John M. Fox, President, advised
recapitalization to provide new funds for
company's expanding operation.
Under the plan, it is proposed
to sell 120,000 shares of
prior preference stock at a price tentatively
to
of
be
June
on
to
23.
in
five-year
repaid
a
net
The
set
approved the proposal to borrow $525,000 from
Finance Corporation,
which approved the appli¬
of
plan
a
of
monthly installments of increasing
period with a net earnings clause
earnings.
Interest
has
company
Frank
Bownes
Co.,
The
expenses.
agreed
will
be
limit
to
at
the
salaries
will
to
bank loans
repay
wholly
balance
Th& company
rate
4%
of
its
to
officers
go
owned
the
of
toward
payment
and
$100,000 as
to be used
subsidiary,
loan
will
be
of
reserved
has
-
stock
new
and
the
will
be
effective
Presently
for
common
writers
of
&
son
outstanding
will
be
offered
date
of
convertible
to
the
make
additional
in its subsidiary, Union ElecUiC Power Co.
to be applied to the latter's construction program.
stock
preferred share for
one
the
preferred
prior
preference
into
stockholders
common
for
limited
a
registration statement
the
be
limited
same
headed
are
offered
of
the
now
Co.
of
Under¬
Webber,
;;
Jack¬
'
response
the
over
FISCAL' YEARS
RESULTS FOR
i
ENDED
—
Net profit after charges
Number of common
and
taxes———
JULY 31
,
1949 .. ./
1948 $8,308,207
$2,972,267
908,577
149,566
<,
Sales
!
shares—310,810
♦Earnings
♦After
per
share_.
common
requirements.—V*
$0.22
170,
600.',
p.
income
Earnings per
-V.
170,
share
common
United
Corp.—Holders
Recapitalization—
928.
p.
Appeals
by
summation
Circuit
Acquire Section
NaturaL_Gas Pipe Line in New Jersey From Public
Service Electric & Gas Co.—
The
Federal
acquire
New
Power
Commission
has
authorized
mission
-
capacity
of
10,000,000
Middlesex
located
in
Central
Gas
Eastern's
Texas
of
Newark,
N. J,
Works
Big Inch
cubic
feet
County
in
is
day,
per
line
Township
to
a' point
South Plainfield Borough.
in
of
Approved for listing on the New York Curb Exchange onJ Sept.
voting trust certificates representing up
to
a
maximum
1,300,000 $1 par common shares.—V; 170, p. 733.
preference
the
office
Sept.
on
The
20
site
by
the
of
by
contended
groups
new
near
dismissed.
that
the
is
3-story structure at 1140-1144 Avenue of the Americas
44th
of
coiner
Building,
Fawcett
Street,
which
together
recently purchased
Inc,
was
by
natural
By
a
feet.
Frontage on 44th
Texas,
by
gas
of
reason
United
The
single
cost
for
the
changes
the
of
in
plans and
plan,
including
the
19th
The
executive
its
as
as
Opened
Corp.—Defense
in
Transamerica's President.—V.
Gas
Increase
in
170,
corporation
to
Monopoly
.
Capacity of Texas-to-New York
nas
•'
■.
"■
-
■
.■
'
-
..
-
.
(
is
increase
to
proposing
and
customers
on
The
serve
South
now
to
other
utility
has
construct
The presently
natural
v
$12,000,000
bank
investment
which
loan,
and
from
funds
Transcontinental
proposes
to
18,000,000 cubic feet per day, and
Co., 100,000,000 cubic feet per day.
application pending before FPC for author¬
an
511-milc
a
pipe
line
system
*
Co.
New
Consolidated
Gas
Lighting
Public
now
Union
Service
Electric
authorized
set
forth
to
President,
in
company
a
summary
and
Un¬
at the annual' meeting
August
of
the
Mr.
on
approximately
were
Ottinger's
remarks
the
Some
the
Sept,
the
as
in
high
the
eleven
which
haye
changed
prices.
170,
corporation
W.
services
It
for
the
appears
now
Plankweld.
30,000
60,000
37,000
70,000
9,000
1088.
they plan
the
to
date
asked
file
to
court
suit
170,
for
for
division
within
extension
an
until
their proposed decree.
would,
after
then
both
reeclving
hearing
a
would
sign
or
have
pro¬
the
of
one
final
a
decree
from
suit,
Paramount
The
government
with
to
respect
and
won
these
404.
p.
National
President
Great
Insurance
of
Northern
this
Life
proposed
a
National
Chicago—Pro-
Co.,
Insurance
Co.
the
until
company--^ind_ H.
Co.,
consolidation
Insurance
independently
Washington National
Great
The
details
of
G. Royer, Pres¬
Milwaukee,. Wis.,
the
of
latter
companies
the
of
will
with
the
continue
transactions
have
to
been
the
will
all
assume
the
of
life
and
accident
well
as
firm.'
the
1949,
Washington
Nat'onal
had
the Great Northern, $15,937,496.
$506,090,565 and $65,012,477 respectively.
was
assets
Life
totaling
in
insurance
Wells Fargo & Co.-—Preferred Dividend Deferred—
The
directors
annual
to
policies
Northern
As of Jan,
1,
$96,730,398, and
same
stock¬
Sept. 20 announced that the payment of the semi¬
on
dividend
cumulative
of 22Vz
cents per share due Oct.
convertible
preferred
had
payments
been
stock,
made
par
to
up
and
1, 1949 on the 4%%
$10, would be deferred.
including April 1, last.
as
if
total
production
operated by U. S.-Mengel Plywood,
Plywood has a 50%
interest.
Several
units
have
begun
Sept. 21
when
operations only
recently.
announced plans for
the
said:
war
"The
began.
corporation
Demands
by
just
armed
had
the
standard
It
S.
was
C.
plywoods forced us to conclude production of
only with the post-war completion of our new
plant that we have had production facilities to
manufacture
of
this
tive
will
be
brochures,
via
advertising
and sales
mats for
company announces that no dividend action was taken because
"the further devaluation
of the
Mexican Peso last June,
which
affected the dollar value of the company's investment in
subsidiary, and the continued though decreasing operating
losses ofAVells
Fargo Carloading Co., Inc."—V. 164, p. 1254.
West
Electric
Penn
Brothers
lumber
yards,
descrip¬
letters.
As Plankweld becomes available in
the company's twenty-nine warehouses,
national advertising will be
instituted.—V. 170, p.~599.
Co.—Bonds
Goldman, Sachs & Co. head a purchase
group of 49 underwriters that offered to the public
Sept. 22, $31,000,000 3.%'.% sinking fund collateral trust
bonds, due Nov. 1, 1974, at 102.526% and accrued interest.
Award of the bonds was won
Other
The
bids
First
Co.
and
Boston
corporated
controls
railway
and
31,
approximately
C.
Dec.
The
and,
public
to
a
utility
electric
follows:
and
their
found
SEC
and
that
the
was
directly,
owns
minor
very
extent,
During the
operating
electric,. 90.6% ;
revenues
bus,
&
in¬
or
Co.,
in
the
The Potomac
respective
electric
5.7%;
electric
months
gas,
12
were
derived
gas,
electric
•
.
operating companies
Co.,
company,
Company
services.
consolidated
Monongahela Power
Power
Co.
the West Penn Electric System is the
sale of electric energy.
It also furnishes
of
and
service
1949,
as
1925.
11,
holding
a
railway and other, 3.7%.
are
&
Langley
voting stocks of corporation en¬
of public utility and related businesses.
business
other
May
W.
corporations,
distribution,
transportation
ended
bid of 101.5799.
a
were:
BUSINESS—Company,
Maryland
principal
production,
on
sale
the
(jointly), 101.3099 for 3y2s; Kuhn, Loeb
Ripley & Co. Inc. (jointly), 100.55 for 37/sS.
through other
various forms
gaged in
The
AND
in
at
Corp.
Harriman
HISTORY
bus
received
West
Electric
Penn
Edison
System
Co., and West Penn
subsidiaries.
1937
In
the
public-utility
(electric and gas) subsidiaries of
single integrated public-utility system under
Public Utility Holding Company Act of 1935.
the company constituted a
the
provisions
System
and
The
cipally
small
with
the
interchange arrangements between themselves
adjoining non-afiiliated electric systems.
certain
territory served by
the electric
properties is located
prin¬
in Pennsylvania, West Virginia, and Maryland, and also in
adjacent sections of Ohio and Virginia.
The territory has an
of
area
of
companies have
also
United
approximately
States
Census,
29,600
the
miles.
square
territory
had
According
population
a
the
to
of
1940
approxi¬
mately 2,300,000.
During
the
12 months ended May
revenues
follows:
retail
Offered—Lehman
and
operating
product."
By Oct. 1 the factory-finished panels will be stocked at tKe plywood
company's warehouses in Los Angeles, Chicago, Boston, Milwaukee,
Detroit, Philadelphia, ard the Bronx (New York).
Initial sales pro¬
motion
The
adversely
better
units
States
Vice-President,
Plankweld
Orangeburg,
resume
on
Antevllle,
for
14,200
p.
additional
United
distributing
newer
introduced
•,
defendants
as
the agency and home office staff of
Following the merger, the companies will
operate as the Washington National Insurance Co., with executive
offices in Evanston, 111.
moderate
Ottinger also told the stockholders that
completed its program for the erection of
11,000
35,000
of
application.—V.
of
well
S.
128,000
Newark, New Jersey, which
cubic feet
per
day from
additional natural gas under the
Co.,
the
health
the"
company's
national distribu¬
tion of Plankweld, a factory finished plywood panel, which will come
packaged ten pieces to a bundle and the necessary clips and installa¬
tion instructions will be placed in each bundle.
At the present time,
Plankweld is made in birch and oak although it is eventually planned
to produce the panels in other woods such as Korina and Walnut.
ft. per day
production
plans
13
the
7.500
70,000,00
no
because
The
c'u.
-
The
and
force
"Demand for our products is strong and there is every indication
will remain so at least until the winter months,,, Up to the fourth
quarter of our last fiscal year, demand greatly exceeded supply,
resulting in high prices both at the point of manufacture and at the
points of distribution.
Adjustment -in prices, which occurred with
the change in economic conditions, was very sharp and undoubtedly
has
resulted
in
plywood's recapture of markets
which
were
lost
20,000
.
Gas
conditions
7,000
—
receive
(1000
parties
Kendall,
Regular
8,000
—-—-
would- receive
in
100,000
Co.__
Co.
Gas
Transcontinental,
schedule
is
Sales
working capital of this corporation as of July 31, 1949 amounted
$15,727,000, including $5,224,000 cash and U. S. Government bonds,
compared with a net working capital of $15,961,000 on April 30, 1949.
Proposed
Co.-————■——
Brooklyn Borough Gas Co.—
is
this
August
—
Net
New total
cu.
ft. per day
.
York, Inc.—
Long Island Lighting Co.—
Philadelphia Electric Co.
Brooklyn
Ottinger,
of
Corp,
to
for
(1000
of
County
Plywood
Year Ago—
quite sharply;
our sales for August, 1949 were almost identical with our sales
during
August last year despite substantially lower prices, which means we
are
moving a larger volume of merchandise.
The price trend now
is upward and although the price increases have been modest, pros¬
pects for our second quarter are much brighter.
of
Co.,
.
Kings
a
the
in
'
■
submit
its Mexican
as
.
Edison
Elizabethtown
sales
Inc.,
authorized utility customers which would receive addi¬
gas under Transcontinental's proposal include:
V- T
•.
by
the corporation has
additional manufac¬
units, all of which are now in operation.
It has also very
substantially expanded its distribution system and now has 29 whollyowned distributing units in the more important cities of the country
idle funds.
of
Authorized
Consolidated
States
from
defendants
York
could appeal.
Washington
contemplates
units,
units
in August,
now
the project by the issuance
bonds and $2,650,000 in
;.
Y
Hydrocol
turing
Presently
,
by
additional
Mr.
utility companies in the
;;
transportation
and sale of natural gas at wholesale in the six New England states.
tional
600
industry, while large, will be consumed at the lower prices and
the whole industry is in & much healthier state."
mortgage
customers
Gas
authorized
R.
of
of
Transmission
Gas
Northeastern
3%%
from
Jersey
Northeastern
ization
presently
its
two
would finance
temporary
a
additional
two
it
to
'earnings
plus
are
IVa
in
stock,
hand
to
to
\.
$32,000,000
common
deliveries
service
extend
to
:\;,r
Transcontinental said
of
to
the
against
Universal
New
completed.
it
"The, company, which estimates cost of the expansion at $50,386,000,
East.
units for
production and decreased consumption. This, as well as in¬
ventory write-offs to adjust to market prices, sharply reduced our
earnings in the final quarter of our fiscal year.
expand
feet.
G.
creased
1088.
p.
The
they
'The last quarter of our fiscal year, ended April 30, 1949, reflected
the sharp change in general economic conditions as well as a serious
price reduction in West Coast plywoods due to a combination of in¬
applied to the Federal Power Commission for :
the capacity of its Texas-to*New York City
natural-gas
pipeline,
now
under
construction,
from
the presently >
authorized 340,000,000 cubic feet per day to a new total of 505,000,000
cubic
$10,000,000
stock, sold in units
holders:
Corp.—Asks FPC to
Pipe Line
by which time
six
three-judge« statutory
decrees, either set a
Washington
acquired
subscription, United acquired 35 additional
financing
new
of
posed Merger—
first
1948, despite substantially lower prices.
increases have taken place and prospects for
present quarter are much brighter, he said.
City Pipe Line—
The
subscribers
decree
Columbia,
Court
estimated
•
"Happily,
Transcontinental
authorization
selected
proposed
The other two defendants
to
the original
R.-K.-C'., have already signed consent decrees.
divorcement, so the decision was handed down
working capital, has
to $38,168,000, of which latter amount
price
:
Authorize
later
a
Following
corporation opened its defense in the monopoly case before the
Reserve Board'Sept. 19 by calling as its first witness Samuel
Husbands,
other
the
time
same
17,
which
necessary
the offering of sub¬
including- 60 units being acquired
way of over-subscriptions, all for
aggregate cash consideration of $833,454.38.—Vi 170, p. 988,
said
offices.
Federal
H.
the
its
Loew s,
District
that
business
defendantst last July.—V.
now
Transamerica
The
costs,
proposed
exhibition
operate
In
United
construction of
Sutton
Terrace, which will
and two 12-story rental
apartment structures, including a 300-car garage and covering the
entire westerly York Avenue blockfront from 62nd and 63rd Streets,
scheduled for completion April 1, 1950.—V. 170, p. 928.
Suit—-
and
changed From
has
under way the
consist of one 13-story
company
'V?;''
increased
their
the
posed
manufacturing gasoline
known as the "Hydrocol
filed
20
Southern
days after the decree of either party is approved by the court.
At
decrees.
of
process
Sept.
the
also
announced
Lawrence
blockfront
Department
split
90
be
Oct.
purpose
synthetic
a
in
11-year old anti-trust suit against the movie companies.
The
to
Artists
of
feet.
square
the
two
Department
Brothers, Twentieth Century-Fox,
have
frontage which measures
125 feet. Construction will
8,000
Justice
United
ident
ao
modern store and office building
of
areas
and
notes, due 1980, and 75,000 shares of common
consisting of one $10,000 note and 75 shares of common stock.
The
aggregate consideration was $10,075,000, of which United's share was
The
operation
floor
Gas
scriptions
structure
entire
should
The
Warner
paid the
equivalent value In shares
receive
or
$352,625.
the northeast
will be the first business building project to be
this company since it completed the 21-story air-con¬
at 445
Park Avenue, covering the entire easterly
between 56th and 57th Streets and in which it occupies
new
the
8
of
Warner Brothers" Picttti'66, Iiic.'—-Justice Department
Files Proposed Decree Against Movie Firms—
10%.
.
a
undertaken by
ditioned
of
Americas
Street measures
floor space
stock
of
begin at once on the project which will increase the existing building
space from 100,000 square feet to 160,000 square feet and will make
available
S.
170, p. 833.
by United Gas plus 22.725
Plans call for the construction of
con¬
U.
the RFC has agreed to loan up to $18,500,000.
adjoining Fawcett
interests from the
the
Tishman
objections
-
aggregate
Publications
utilizing the entire Avenue of the
75
with
the
at
with
main
Process."
Bldg.—
improved
now
The
preference
share,
a
stock.—V.
common
Brownsville,
from
a
building operation
new
the
corporation has received SEC authorization to make additional
investments in Cartuage Hydrocol, Inc., which is constructing a plant
21-story addition to the Fawcett Building
44th Street, New York, N. Y., which will increase
area in
that structure by 60%, it was announced
Norman Tishman, President.
space
halt
by
[the provision in the plan that the preference shares
an exchange of stocks from the company's portfolio.
been increased from $14,000,000
to build
to
dismissed
United Gas Corp.—Additional Investment—
Eastern
Tishman Realty & Construction Co., Inc.—New
stockholders
were
The
up
The company is
at" 67 to 73 West
plan
The
was
ordered by
the Commission last February to
to 4,500,000 cubic feet of natural gas per day to Public
Service, and the latter company subsequently constructed the 23,792foot section of line for the purpose of receiving the Texas Eastern
gas.—V. 170,. p. 403.
'
" * '
deliver
also
appeal
redemption price of $55
Texas
near
of
groups
^recapitalization
Halt
of
to
was
bo-' retired
The line is
Public Service's
from.
Raritan
this
groups
$87,300.
extends
and
ordered
The
plans to operate the line as part of its main transto
make
deliveries
and
sales of
natural
gas
t©
Estimated cost of the line, which has a maximum
system
Service.
Public
23,792 feet of 8-inch
Public Service Electric & Gas Co.
from
Eastern
the
corporation .to.,,
natural-gas pipeline in 1
approximately
Jersey
Texas
the
to
Appeals at Philadelphia Sept.
19. A
committee
representing some holders of preference stock agreed to the dismissal
of its appeal,
while another group headed by Waterman sought an
extension to file a brief.
This was refused by the court, which
Texas Eastern Transmission Corp.—To
of-
two
of
Court
Denied Pleas
Group
:
Waltham Watch Co.—Stock
Listing Authorized—
were
Net
.
171,605
$2.57
regular preferred dividend
The
proposal involves the issuance and sale by the subsidiary to the
parent of $6,000,000 additional common stock ($20 pari during the
period ending Nov. 30, 1949.—V. 170, p. 929.
shares
period.
by.Paine,
&
six
to. Minute Maid products advertising
in.,
radio, stockholders were advised, they will
annual meeting on Oct. 5 to
approve a change in<
from Vacuum Foods to Minute Maid
Corp, (see latter above).
name
,
will
Curtis, First Boston Corp. and White, Weld
newspapers and
be asked at the
1088.
p.
authorization to
received SEC
The
share
a
following
for
stock investments
(both of St. Louis)
share.
a
$10
Because
$150,000
a
at
period
yearly in the aggregate.
operating
$30
at
stock
being prepared.
Union Electric Co. of Missouri—Additional Investment
$1,252,699
taxes..—
income
income
Assets
War
certain
trustees
operating expenses of the corporation.—V. 170,
r.'\" \"
$138,914
income
required
less
or
stockholders
proceeds of the loan,
income taxes, $150,000
common
Other
due
,
of
a
pre¬
was
170, p. 1088.
over
50%
annum.
for
793,570
481,000
82,066
income
(net)_
oper.
the
the
delay
WAA; take
the
machinery
relieved
negotiate
>
more electrical power for accessories.
It has three times'
the liquid capacity of ordinary batteries. This additional
liquid reserve
permits the battery to better withstand engine heat and eliminatesthe need for frequent refills.
Water is
„
70,074
-
income
Utility
plant,
be
to
amount
is
$100,000
650,571
•'
J
ac¬
this
loan
past-due
$9,641,625
453,906
amort.
taxes
Federal
1949—12 Mos.—1948
$750,153
52,940
and
would
have
amounts
Of
335,138
Retirement
for
fixed
per
$784,777
Maintenance
of
officials
reviewed
the
the Tucker plant.
time
Reconstruction
cation
account
1949—Month—1948
revenues
Operation
that
Unexcelled Chemical Corp.—RFC Loan Approved—
928
p.
construction
income
with
talk
trustees,
disclosed
provide quicker
starting and
serve
the
for
then
Co.—New Battery Introduced—
A new automobile
storage battery said to have more power, longer
life and other advantages was announced
by this company on Sept. 21.
Known as the U. S. Super Powerliie
battery, it w.ll
\
counsel
and
covering
trustees
would
the property.—V.
to
:V..
L.
States Rubber
55
the
Tampa Electric Co.—Sells Debentures Privately—The
company, it was announced Sept. 22, has sold to the New
York Life Insurance Co. $4,000,000 3% debentures due
1969. Proceeds of the sale will be used to pay temporary
Period End. June 30—
Michael
15.
,
Stockholders
new
Judge
Sept.
<64,4??
64,839
bank loans and finance
for the corporation
impractical was exIgoe, Sept* 17 to Oct. 4.
is
was
scheduled
a
the
the
way
1948
$1,578,662
been
plan
reorganization
of the trustees is to have
plant but to preserve for the
the
tions
Swan-Finch Oil Corp.—Correction—,
1949
to
♦-The plan
of
6 Months Ended June 30—>
District
had
ministration regarding
com¬
p.
Federal
H. Nachman,
published report
part
(1235)
United
reorganization
a
that
Norman
Dallas, Texas.
At this
time Mr. Whittle is engaged in the business of
property management,
and is a director, and member
mittee of the Texas Bank & Trust
Co;, Dallas,
filing
report
extension
viously
in
Investments,
CHRONICLE'
requested by Aaron Colnon and John H. Chatz,
reorganization trustees, at court hearing on an interim report which
expressed
doubt
that
the
corporation could
be reorganized
as
an
automotive operation. The
report, due on Oct. 4, is scheduled for a
heaaring on Oct. 7 before Judge Igoe.
•
■
;
Whittle, of Dallas,
for
a
deadline
The
FINANCIAL
&
Corp.—Hearing Oct. 4—
deadline
submitting
or
.(Continued from page 16)
Aug.. 31, 1948, were the highest lor
history of the company."
COMMERCIAL
residential,
other, 3.7%.
CONSTRUCTION
West
Penn
structing
war
the
in
Electric
additional
1945.
estimated
Based
of
the
31,
System
32.4%;
PROGRAM—The
System
have
electric
on
1949,
were
commercial,
present
expenditures to
had
plant
be
operating
an
under
plans,
the
electric
approximately
as
industrial,
47.8%;
subsidiaries
extensive
way
which
made for
consolidated
derived
16.1%;
program
since
are
the
subject
construction in
of
of
end
to
of
the
con¬
the
change,
the
period
56
from
June
Allocated
Electric
1,
1949,
will
31, 1950,
follows
Dec.
to
approximately
as
facilities
Transmission
Other
25,900,000
$55,006.- 90-
__-i-___-.__---_--._----------—.——*—
financing and aMMtn*
lng
continuation of the present trend of earnings,
the company
^estimates
that
no
financing, with the possible exception of shortterm bank loans, will be required to carry the System's construction
program through 1950, except in the case of Monongahela Power Co.
which
will
require approximately
$8,500,000 in 1950; the nature,
time
and extent of such financing
will be determined in the light
West
1, 1974)
Nov.
shares
Traction Co.
Penn
1st
stock
Common
par)
(no
$31,000,000
cised.
3,200,000 shs.
debt
-f—
—$146,241,600
62,875,379
—*.—
(incl. premiums of $789,279 )
capital stock and sur¬
Almstedt
indenture.
purchasers
and
bonds
the
of
the
100,000
Co
&
Masten
Minsch.
450,000
Geo. G. Applegate & Co.
Xache
E.
A.
1,990,000
Goldman, Sachs & Co.—
The
Ohio
Phelps,
A. G. Becker & Co. Inc.-
1,100,000
Reinholdt &
Blair
&
Alex.
Kraus—
&
Sons
AUchard W. Clarke Corp.
Dick
Merle-Smith.-—
&
Dominick—
JSstabrook
Co
&
Steel
Fauset,
Granbery, Marache & Co.
-•Grubbs, Scott & Co., Inc.
Hornblower
M.
&
Sills, Fairman & Harris,
I.
300,000
Bros.
&
Stern Brothers &
Stix
&
Co
300,000
Burnham and Co
!____—
200,000
Yarnall & Co
Central
Republic
The
Sept,
company
will
stock
common
be
rates at which the
announced
20
offered
price
the
stockholders for subscription
to
outstanding 7%
preferred, 6%
Penn
Traction
West
due
which
1960
been
have
Crouter
(1)
follows:
From
the
sale
and
of
Doolittle
$31,384,769
issuance
and
sale
additional
the
of
Co
du
common
Ferris
stock, after deducting underwriting compensation and
estimated
expenses
19,717,423
&
Field,
Richards
estimated net
«nd,
with the
-cash
cash
^Folger,
funds of the company,
of approximately $2,219,984 from the general
will be applied with reasonable promptness
the following purposes and in the following order:
to
13)
the
To
amount
redemption
$5,000,000
of
gold
at 105, plus interest estimated at
C4) To purchase by company from West Penn Power Co. of
583,999 23/25 shares of common stock of Monon¬
gahela Power Co., pursuant to the corporate simpli¬
fication
plan
of
the
preferred stock and $115
7%
cumulative
plus in each
case accrued
dates
estimated
the
To
stock
and
that
extent
all
or
part
shares
of
initially available under the exchange offer are issued in ex¬
change for shares of the preferred stocks pursuant to the exchange
item
(2)
above
will
equal to $24,375 per share
that
extent
•the
for
pursuant
shares
the
and
reduced
amount substantially
of additional common stock so issued. To
Item
to
(2)
above
$23,625
above
by
stock
common
the subscription offer
to
exchange offer,
stantially equal
Issued
of
be
will
per
an
offered
but
exchanged
reduced by
be
additional
of
subscribed
not
the
pursuant to
are
share
an
amount
sub¬
stock
common
share of
shares
so
the
preferred
by
an
common
stocks
stock
are
amount equal to
so
so
Issued.
To
exchanged,
the
item
their redemption
extent
(5)
values,
above
that
will
including
dividends.
nacerued
«nd total
If
additional
such
of
reduced
the
Stix
Correspondingly, total estimated net cash proceeds
estimated cash disbursements will be reduced.
bonds are issued and sold but no offering is made of the
common stock,
the net cash proceeds of such sale will be
Applied to the purposes set forth in items 3 and 4 above and to the
redemption of "as many of the shares of the 7% and/or 6% cumuJative preferred stock as can be redeemed with the balance of such
proceeds.
.'v.'v./C '.■'.■■■(
f
OFFERr—Subject
to
the
sale
and
delivery of the
Iwnds, the company proposes to offer to the holders of its outstanding
■2,343,105 shares of common stock, an additional 468,621 shares of
common
stock.
This
subscription offer will give to the common
^stockholders:
<1) The
Jbasis of
of
right
one
record
on
to
subscribe
for
share thereof for each
Sept. 22
at
additional
five
commop
shares
the subscription price
of
stock
common
of
$23,625
on
stock
per
the
held
share;
and
(2)
Any
as
The
privilege to subscribe at the same subscription price for
number of such of the 468,621 shares of additional common stock
are
not
subscribed
for
through the exercise
of
rights to subscribe,
AUbject to allotment.
The subscription offer will expire at 3
p.m., N. Y.
1949.
Stone
&
CitjutJine^ Oct. 7,
.12
.35
.24
J.
&
.45
Son
&
Co
Henry
—
& Co
Corp
.12
—
.24
—
Swift
F.
American
.12
Swiss
Townsend,
Dabney & Tyson
Varnedoe,
Chisholm &
Thomas
&
Co
.24
.12
Vietor, Common,
.12
Wafke'r
.45
White,
.18
Harold
E.
.12
Wurts,
Kebbon, McCormick & Co.—
.35
Yarnall & Co
A.
.12
Zuckerman, Smith & Co
._
Co.
M. Kidder & Co
EXCHANGE
OFFER—If
the
then, subject to the limitation
to
holders
the
class
stocks
of
stock
A
for
its
the
shares
6%
of
the
Wertheim
on
of
common
&
.12
Co.—_
.12
shares of
cumulative
7%
Exchanges
extent
in
that
the
received
prior
pursuant
shares
order
of
of
preferred
shares
common
for
stock
to
the
each
of
for
.12
stock
stocks
and
of such preferred
of the company on
share
of
6%
cumulative
each
share
of
1%
3
same
time
each
common
acceptances
or
share
of
the
class
A
stock.
offer will be made, to the
stock are available therefor,
time
follows:
such
&
not
late.
what
to
be
Peabody
&
Co.
Everybody
do
upped
about
its
it
bid for-
deadline.
to
Kidder, Peabody at the postponed saleThat
Lynch,
original
out
beat
Pierce,
when
unrevised
an
Fenner
&
of
one
andi
Beane
;;
information,
the
that
opportunity
for
changing bids, Kidder,.
purchase to Merrill Lynch,
its
offer
to
to
was'known
it
assign
This
according
bid a price for the bonds of 102.071.
the
of
to
intention,
was to
intention
successful
decl'ned.
was
reoffer
other
the
bonds
houses
Kidder,
to
the
not.
had
Peabody
then,
at 102.54,
public
maturity on Sept,
101.129.
Co.,
sale
of
$2,500,000
Electric
Co.
at
bonds,
new
to
rities,
short-term
bank
to
finance
of
the
prior
par
short-term
of
be
used
the
to
balance
loans
CAPITALIZATION
and
the
GIVING
with
the
1949
the
sale
the
of
These
extensions
the
of
presently
finance
from
the
theand
said!
of
such
secu-%
$6,000,000
loans
to
of
and
Gas
sale
of
were
the
of
used'
properties-
together
proceeds,
sale
1979,
1,
Standard
to
payment
outstanding.
betterments
The
company.
will
simultaneously
proceeds
to
with
Sept.
stock
or
net
presently
additions,
due
common
needed,
loans
series
of
to
the
extent
simultaneously
intends,
bonds,
value
par
apply
the
to
with
the-
expected to be made later
Construction program.
EFFECT
TO
NEW
im
FINANCING
Authorized
First
mtge. bonds, 3(4 % ser. due 1971
mtge bonds, series due Nov. 1,
1977, 3%
Outstanding
*
$24,750,000
*
3,960,000
*
5,250,000
*
4,000,000
First
First
mtge.
1978,
First
bends,
series
due
Aug.
1,
3(4 %
-
mtge. bonds,
27/8%
Preferred
series
due
Sept.
1,
stock
(cumul., $100 par)
200,000 shs.
series
Common
132,000 shs.
stock
•The
($10
under
132,000 shs..
2,000,000 shs.
par)
authorized
amount
1,625,000 shs..
indenture
the
is
unlimited
in
ex¬
pressed amount.
HISTORY
Gas
Light
The
AND
Service
lias
company
tomers,
BUSINESS—Company was incorporated as Oshkosh
Wisconsin July 17, 1883, and adopted the nameCorp. on Sept. 20, 1922.
in
Co.
Public
Wisconsin
122,086
electric customers and 47,303 gas cus¬
has 10,053 electric customers and 5,491 gas;
and the subsidiary
customers, making
total of 132,139 electric and 52,794 gas customers..
a
CONSTRUCTION
1949-195C
PROGRAM—It
is
estimated
that
con¬
struction
dar
expenditures will be approximately $9,600,000 for the calen¬
1949, and about $8,800,000 in 1950. based on present priceIn
addition
to
the
estimated
construction
expenditures of
year
levels.
be
required
the
Of
that
Power
from
Co.
$20,100,000
in
and
in
1950.
it
is estimated that
raised from outside sources.
required,
to be
need
and 1950, approximately $1,700,000 will
additional capital stock of the Wis¬
of
1949
approximately
It is expected
funds will become available as a
of
charges to income for depreciation and amortization and
undistributed earnings.—V. 170, p. 1089.
" "// .-'v./";
the
result
purchase
the
for
River
balance
the
of
required
Yellow Cab Co. of Philadelphia—Files With SEC—
The
SEC
except
13
on
Sept. 13 filed a letter of notification with the
shares of ($3 par) capital stock, to be offered by the
company
for
5,563
and
company
19,437 shares of
the
same
stock to be offered by
Price, 75
each.
There is no underwriter.
Com¬
stockholders.
11:30 a.m.,
stocks
day,
shall
too
was
Kidder,
Merrill
PURPOSE—Corporation
$4,000,000 first mortgage
Corp.,
preferred
purpose
York
then
1, 1979.
Other bids leceived for 2yss at the competitive sale were : Salomoni
Bros. & Hutzler, 102.0779; A. G. Becker & Co., Inc.,
101.739; Union
Securities Corp., 101.66; Halsey, Stuart & Co. Inc., 101.429; EquitableSecurities Corp.,
101.415; The First Boston
Corp., 101.279; Otis &;
Co.,
101.2569;
Harris,
Hall
& Co.
(Inc.),
101.226;
Carl M.
Loeb,.
All
that
each
its
2.75%,
the
on
this
Chicago.
New
coupon.
by
to
associates.
that on the expiration date the
p.m., New York City time.
In case
acceptances of the exchange offer shall exceed the shares of addi¬
tional common stock available therefor, the company shall select by
lot from the acceptances received on the day on which such excess
of acceptances shall have been determined to have occurred sufficient
thereof to equal the shares available therefor.
It is the present intention of the company to redeem all shares of
time for
in
acceptances
San Francisco exchange agents
as
26,
on
sale,
offered
indicated
New
p.m.,
Sept.
on
same
and
cumulative
York, Chicago or San Francisco time, respec¬
1949, shall be deemed to have been received as of
day.
Similarly, all acceptances received there¬
after and prior to such times on each succeeding full business day of
the exchange offer shall be deemed to have been received as of the
the
of
went
27/8%
$15,000,000 will
for
by the New York, Chicago
to
tively,
bonds
a
themselves
consin
exchange
additional
receipt
the opening,
corporation an¬
reached
$18,400,000 for the years 1949
stock
stock
common
*
for
>.
the
availed
.24
:
preferred stock.
4.7179
set
question
postponed
Peabody's
Peabody
2.87
Co
&
Wood
'
shares
stock¬
2.87
Co
Weld
exchanging
of
preferred stock.
4.7538
&
subscription offer is made,
available shares, company will offer
additional
'the following bases:
4.5436 shares of common
.45
Watling, Lerchen & Co.—
foregoing
and
privilege
the
submitted
Kidder,
.45
Dulles & Co
Co
&
H.
Co"—I—
Johnston, Lemon & Co
Jones
submit
to
The
firm
swapped in New York,
5%
Dann &
T.
Richards &
bid.
York
for
deadline
1979,
Co.,
G.
H.
to
outstanding
banking houses in New York, entries
exchanging information on the bids their
about
postponement
the
of
(CDT),
a.m.
the offering in Chicago, the
postponement of the sale.
already
were
at
102.11
1949,
.18
Co—
.35
,12
.12
Kay,
Award
10:30
for
other's
New
proceeds
.24
1.15
Hutton
E.
of
at
any
time at regular redemption,
initially to par on and after Sept. 1, 1978.
Sept. 20 on a bid of 102.11.
2.87^
Co., Inc.—.
Co
.12
The Illinois Co
Janney & Co.—
JenkS7 Kirkland & Co
rata
pro
repayment
.12
Blosser—
&
&
.18
.24
W.
offered
investment
were
the
submission
.12
.45
&
Co.—
the
.24
Co
.24
.
of
each
.35
Inc.
—
Stroud &
2.87
.45
& Co.,
Sweney Cartwright &
—
Hilliard
B.
Co
—
Co
&
Lowber Stokes
Straus
Noyes, Graham,
Co
Co
Sutro
1.70
Co.—
&
Brothers
&
Edw.
.12
.24
Co.-
&
Stern
2.87
Additional
SUBSCRIPTION
Miller
Hooker & Fay—
Hornblower & Weeks
,
2.87
Co
.12
balance
required from the general cash funds
of the company will be reduced by an amount equal to 75 cents
per
4be
Staats
R.
1.70
Hirsch
common
Atock
-offer,
Barney & Co—
Moore & Co
William
&
Stifel, Nicolaus
J.
$53,322,176
388,274
.35
Simon
M.
.24
Parsons &
._
the
of
Deane & Scribner—
Henry Herrman & Co
dividends to the redemption
disbursements
Singer,
Starkweather
Hill Richards & Co
39,422,851
cash
Co
.35
Stein Bros. & Boyce—
Hemphill,
stock,
A
I.
.24
.45
Sons
Word
knew
Rhoades
.18
Smith,
&
the
.12
Sills, Fairman & Harris Inc.
Smith,
Hayden,
of the
case
class
.35
Sheridan Bogan Paul &c Co.,
.18
Hayden,
thereof
Total
the
per share in
preferred
.24
Hammill & Co.—
Shearson,
.24
.18
Hallowell, Sulzberger & Co.-
<5) To redemption of the preferred stocks of the company
at $110 per share in the case of the 6% cumulative
.24
Co—
Scranton &
Grubbs, Scott & Co., Inc.—
Hallgarten & Co.—_
8,633,353
company™
.35
—
time
race,
to wield
Co
.12
Robert
$5,265,972
.18
1.15
&
Green, Ellis & Anderson—1—
series due 2030,
1.70
Co
&
Gerstley, Sunstein & Co
Granbery, Marache & Co.—
5%
debentures,
W.
Garrett
"First of
$51,102,192
proceeds
Chas.
the
After
1.70
Stringfellow—
&
that
By
the
bids
half-hour's
a
representatives
.35
Inc
Pomeroy,
Scott
Michigan Corp
Nolan Inc
,T1\£ First Cleveland Corp.—
Total
be
for
associates.
.18
Co.;
&
will
callable
are
awarded
was
competitive
.12
.12
Co.—
used
169, p. 2689.
bonds
issue
102.0891,
.12
Rothschild
Schwabacher
.45
Co—
&
which
largely
issue,
be
Shortly before
at
Schmidt, Poole & Co
Schoellkopf, Hutton &
.24
—
Pont
Co., Inc.—To Increase Capitalization)
shares.
Approximately 99.8% of the stock out¬
by American Telephone & Telegraph Co.
President,
on
Sept.
13
said
that
the
proceeds
proposed
new
The
.35
.45
.45
Elkins, Morris & Co
.24
Elworthy & Co
.24
Emanuel,'Deetjen & Co.—
.45
Equitable Securities Corp.—
1.15
Fahey, Clark & Co.———
.18
Fauset, Steele & Co
.12
the
terest
&
I.
.12
Rollins & Sons Inc.—
F.
owned
Bracken,
.24
L.
.45
Inc—
& COi,
6.67%—
properties
the
would
The
and
Co
&
H.
E.
Merle-Smith——
Francis
bonds, after de¬
ducting estimated expenses and excluding accrued in¬
C2) From the
&
Dickson
S,
.12
Humphrey Co
.35
electric
prices ranging from 105.54%
Robinson-
The
.24
_
Palmer Co
.12
Dick
R.
•
issuance
Bodine
Pancoast
.
OF
PROCEEDS—Assuming, for the purpose of esti¬
mating the net cash proceeds to be received by the company, that all
shares of the additional common stock will be issued pursuant to the
^subscription offer or sold to the underwriters, such net cash proceeds
as
Riter
Townsend,
Dewar, Robertson &
by a nationwide group of 164 investment bankers
headed jointly by Lehman Brothers and Goldman, Sachs & Co.
be
&
stock, payable Sept. 30, 1949, to>
1949.
at 102.54 and accrued interest.
.12
Rambo, Close & Kernes Inc.
Reinholdt & Gardner
.35
Dempsey-Tegeler & Co..
underwritten
will
.18
&
per
Wisconsin Public Service Corp.—Bonds Offered—Kid¬
in
2.87
Shepard & Co., Inc
.24
Haven
De
offering of common stock to common stockholders and the
offer to holders of the preferred and class A stocks have
APPLICATION
Co
—
Inc.—
—
Piper, Jaffray & Hopwood—
Precott, Hawley,
Skaggs & Co.—
Davis,
by
assumed
the
■exchange
4>een
bonds
5%
Curtis
.18
H.
25 cents
of
der, Peabody & Co. (as sole underwriter) on Sept. 22 of-fered a new issue of $4,000,000 first
mortgage 27/8%
bonds, series due Sept 1, 1979. The bonds were pricecK
.24
Paine, Webber, Jackson &
.24
Electric Co.
Penn
Both
Co.
Northwest
Pacific
Christensen,
Paul
rate
10,500,000
the
of
Co.—
Davis & Co
the
at
1949
of
this company for the17, 1949 amounted to 102,859,000 kwh., a decreaseoutput of 110,199,000 kwh. for the corresponding
Sept.
is
Stanley
nounced
&
the
stockholders
.12
.12
Davenport
The
.45
Curtiss, House & Co
of
—Rights to Be Offered Stockholders—
.12
Co
Peters, Writer &
Co.
company
stock
1948.—V, 170, p., 1089.
Ohio
Crowell, Weedon & Co._
Additional 856,895 common shares is an integral
week of
York Hanseatic Corp.—
.24
&
Sept. 9,
the
of
below
6.67%
Pacific Co. of California
——
of
the common
on
record
output
The
.12
Co.-
in March
and
per share
ended
New
Peltason, Tenenbaum Co.—_
&
of
.24
—
Roger S.
Courts
be exchanged for shares of common stock.
may
Cook & Co
.24
.24
Collins
the
of
common
paid in June, 1949, was 37Vi cents per share.
1949, the board of directors declared a quarterly dividend
Weekly Output Decreased
Power
week
.24
.24
Julien
and the
preferred and class A
Issuance of an
part of the refinancing
plan, announced Aug. 9, which provides for the retirement of all of
the company's senior securities except $4,372,500 of non-callable West
stocks
.24
CjJC. Ceilings & Co., Inc.—
shares of
which
at
.35
& Co
.35
Clayton Securties Corp
Underwriting Group Formed for Stock Offering—•
cents
.12
Corp
1948,
stockholders of
.45
(Inc.)
Co.
Richard W. Clarke
45
of
.12
.45
—
W. Clark & Co
E.
1,100,000
.12
H. Newbold's Sons & Co.
Newhard,
.___—
stock
all
dividend
9,
indebtedness.—V.
1.15
S.
.35
C, F. Cassell & Co., Inc.—
of
The
On Aug.
holders,
.45
Moseley & Co
Mullaney, Wells & Co
.18
Brothers—
share.
from
.35
F.
Securities
Byrd
thereto
Since such public distribution of the common stock of the company,,
dividends have been paid on such stock in March, June, September and
December
2.87
—
Co
Moore, Leonard & Lynch—
Buckley
200,000
the, common
prior
owned;
tion.
.12
Minsch, Monell & Cn
.24
200,000
1,100,000
1948,
January,
publicly
.12
Co
Beane-
Milwaukee
W.
Watling, Lerchen & Co._
Rhoades
Loeb,
&
Fenner
Newburger
Wertheim & Co
became
company was owned by American Water Works and Electric Co., Inc.,.
which distributed such stock to its common stockholders in liquida¬
.45
&
Merrill, Turben & Co
.24
Harold E. Wood & Co.__
DIVIDENDS—In
first
Lynch, Pierce,
.24
200,000
Co.
Merrill
&
Corp
San
Francisco.
standing
Miller & Co.—
Mead,
Cabell & Co
300,000
——
1.70
Co
&
McDonald-Moore
1,100,000
Inc
%
Association,
at a special meeting to be held Sept. 27 will act
proposal to increase the authorized capital stock from 9,000,000
The
— _
.
,
„
to
Branch,
200,000
Sweney Cartwright & Co.
Co.,
Bonbright
B,
:
'
shares
.18
Co
&
D.
•
exchange offer:
upon a
.35
Simmons
the
Trust Co., New York.
.35
.24
Co.—
&
&
with
Bankers
Gity National Bank & Trust Co. of Chicago.
Bank
of
America .National
Trust
and Savings
.24
McDonald
Co—.24
1.15
Bosworth, Sullivan & Co
J. C. Bradford & Co
450,000
Co.——
&
Boenning
George
CO.
630,000
Boyce_—
300,000
1,100,000
Co
Blair
Ellis
200,000
M,'sin^&"c^-rir
Stein
1,100,000
John Kormendi Co
Carl
Blair
Blunt
nection
Inc
Marks & Co—
M.
McCourtney-Breckenridge &
.35
Co
&
Whelen &
&
Co., Inc
William
100,000
Co—
Weeks.—
&
Illinois
The
Stringfellow—
Began Paul &
& Son.
Hllliard
E.
J.
A.
Bear,
300,000
Co., Inc.
Stroud
Hayden, Stone &
-J.
Eichler
to make exchanges of all shares of the preferred
V.'
^1•;R-':;;;:'
offer will expire at 3:00 p.m., New York City time,
Oct. 7, 1949 (the "expiration date").
The company has appointed the following exchange agents in con¬
E. Masten & Co
Laurence
Mason-Hagan,
.12
Biddle,
&
Sheridan
100,000
1,100,000
Jtarris, Hall & Co. (Inc.)
Bat'eman,
.18
Co
&
.35
Co.—
Scott
200,000
300,000
450,000
Co
First of Michigan Corp..
1,100,000
&
850,000
—_
&
Co._
&
Lundborg
Irving
Stearns & Co
2.87
A. G. Becker & Co. Inc—2.87
450,000
&
&
Hutton
Barth
J.
Inc.—— 1,100,000
Schwabacher & Co
450,000
1,100,000
Deetjen & Co.
Dominick
Baker, Weeks & Harden—
Burge & Kraus_.
Ball,
300,000
V'.'/
exchange
Western Electric
1.70
.35
.35
.24
.35
1.70
Baird & Co., Inc.
necessary
The
.45
-45
—
Whipple & Co.—
Robert W.
Pcmeroy,
100,000
1,100,000
Emanuel,
Rothschild
F.
Higginson Corp.—
Co
Carl M. Loeb, Rhoades &
John C. Legg &
Baker, Watts <fc Co
1,100,000
Gardner—.
Schoellkopf,
630,000
200,000
Sherrerd-—
&
L.
1,100,000
Inc
Co.,
Brown &
Butcher
Bacon,
300,000
Co
&
Co.—
Bache & Co
630,000
—
Fenn
&
.24
300,000
Co
Bear, Stearns & Co
Burge
Lee
2.87
.18
1.70
Strudwick
&
200,000
Co.—
Roger S. Palmer Co
630,000
1,100,000
Ball,
&
.12
Ladenburg, Thalmann & Co.
Laird, Bissell & Meeds
Redpath
1,100,000
Co
&
Monell
.12
—.24
Applegate
EXCHANGE
to such subscription offer are subscribed for
the number of shares of additional common stock
exchange offer will be approximately 24%
of the
stocks.
2.87
.12
Co.———
Kormendi
John
Auchincloss, Parker &
Laurence M. Marks & Co.
Brothers.———$1,990,000
Lehman
G.
Geo.
Inc.—
Brothers
Anderson
BONDS—The
OF
PURCHASERS
respective amounts to be purchased bv each are as follows:
Co.,
and
Kidder, Peabody &■ Co.—
Kirkpatrick-Pettis Co
5.86
5.86
1.15
Sachs & Co
Allyn
C.
A.
FOR
Percentage
.12
Brothers—
Goldman,
3,200,000 shs.
•No additional bonds are to be issued under the
principal
Lehman
2,430,294
35,372,500
———
stock
Common
proposed
the
of
names
Percentage
Minority interest in common
plus of a subsidiary—_—
Company—Long-term debt
.
UNDERWRITERS—The
STOCK
underwriters of the additional common stock and
the respective percentages of the shares of additional common stock
not subscribed for pursuant to the subscription offer or issuable pur¬
suant to
the exchange offer severally proposed to be purchased by
each, are as follows:
Company-and subsidiaries (consolidated basis):
Long-term
■;
'
.
several
Consolidated subsidiaries:
Preferred capital stocks
pro
COMMON
5,000,000 shs.
the
AVAILABLE
stock
common
pursuant
the
number
shares
by
rata among those who exercised the additional subscrip¬
privilege, proportionately, not to
the number of shares they
requested, but to the rights to subscribe which they have exer¬
have
,
additional
additional
shall not
required to satisfy all subscriptions pursuant to rights to subscribe.
the shares so available are not sufficient to satisfy all subscriptions
tion
4,372,500
*
500,000 shs.
(due June 1, I960)——.
preferred stock——
stock.
common
pursuant to the additional subscription privilege, the available
will be allotted to the extent practicable and
as determined
5%
mtge.
of
the
of
one
The only shares available for subscription pursuant to the
subscription privilege are such of the 468,621 shares of
common
stock offered pursuant to the subscription offer as
FINANCING
$31,000,000
gold bonds
Cumulative
subscription agents.
additional subscription privilege may be exercised only for full
company
—
offered
stock
thereto,
to
SHARES
offer
pursuant to the exchange offer 388,274
plus any shares not subscribed for
pursuant to the subscription offer.
If all shares of additional common
for
If
(due
a
privilege.
stock.
A
OF
will
additional
of
available
The
Oustanding
Authorized
Company, alone:
3%% sink, fund collateral trust bonds
NUMBER
pursuant
be
PRESENT
TO
EFFECT
GIVING
CAPITALIZATION
to subscribe,
right
the
class
OFFER—Company
unless the
rendered
and conditions as they develop.
cf circumstances
San
right to subscribe is also exercised.
Full payment of the subscription
price in respect of each share subscribed for pursuant to the addi¬
tional subscription privilege must accompany the warrant when sur¬
the completion of the present
the basis of
On
to
pursuant
subscribing
redemption dates being Nov. 15, 1949, in the
cumulative preferred stocks and Dec. 30, 1949^
7%
and
the
of
case
LIMITED
Association,
also exercise the
additional subscription
subscription privilege may not be exercised
may
additional
The
Total
of
time
subscriber
2,000.000
the
shares
the
At
2,000,000
—
of the 6%
case
in
Francisco
6,800.000
facilities——-
available
earliest
the
4
City Bank Farmers Trust Co., New York.
City National Bank & Trust Co. of Chicago.
Bank
of
America
National
Trust
and Savings
$18,300,000
facilities—.-^-——
distribution
and
distribution
Rural
subscription agents in connec¬
tion
——
Monday, September 26, 1949
CHRONICLE
FINANCIAL
&
Company has appointed the following
with the subscription offer:
$55,000,000,
to
amount
plant:
General
COMMERCIAL
THE
(1236)
proceeds
pany's
will
be
used
for
additional
working
capital.
3
acquired
pursuant
to
the
exchange
offer.
York
County Gas Co.—Bids for Purchase of Stock—
Pennsylvania Gas & Electric Corp.
from
Gas
it
of
Co.
4.506
Such
at
Room
on
shares
bids
will
803,
Oct.
15
of
be
common
received
Exchange
3, 1949.—V. 170,
is inviting bids for the purchase
($20 par) of York County
stock
by
Pennsylvania Gas & Electric
Place, Jersey City, N. J^ up to
p.
988.
Volume 170
Number 4841
COMMERCIAL
THE
FINANCIAL
&
CHRONICLE
(1237)
57
mmi
STATE AND
CITY
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
CALIFORNIA
Goleta
Union
11 a.m. (PST) on Oct. 4 for the
purchase of $2,760,000 not to ex¬
School District,
ceed
Santa Barbara
County (P. O.
Santa Barbara), Calif.
Bond
Sale
Details
—
The
sue
Savings
.Francisco,
Association
or
registered bonds.
July 1, 1949. Denomination
$1,000.
Due $120,000 on July 1
of
coupon
Dated
$85,-
C00 school bonds purchased
by the
Bank of America National Trust
&
6% interest water, fourth is¬
from 1952 to 1974 inclusive.
from 1950 to 1955 inclusive.
.sealed
bids
Oct.
•on
Clerk,
until
for
18
will
10
1947
bonds,
divided
to
1989
bonds.
1
Jones, of San Jose, will
furnished to the
purchaser
A certified check for
the
to
District,
ment
Bond
awarded to
the
Bank
Due
Wheelock
held
authorized
&
publicly offering an issue
$664,000 3% refunding water
Nov.
on
1,
$35,000 in
$38,000 in
1955; $36,000
1957; $39,000
in 1959; $42,000
in 1961; $44,000
in 1963; $46,000
in 1965; $48,000
$41,000
$47,000
$50,000 in 1967,
1968 arid 1969.
follows:
as
in
in
in
in
in
in
1956;
1958;
1960;
1962;
1964;
1966;
$55,000 in
and
1969
1950
Blyth
was
&
FLORIDA
for
Co.,
l%s, at a price of 100.30.
to
Woodlake, Calif.
1, 1949. Denomina¬
tion $1,000. Principal and inter¬
est
(M-N) payable at the City
at
the
of
furnished
be
to
as 3V4S.
Due on .Sept.
from 1950 to 1958 inclusive.
68,000
High Sch. Dist.,
Merced County (P. O.
Merced), Calif.
Bond Sale—The $650,000 school
bonds offered Sept. 20—v.
170,
p. 930—were awarded a syndicate
composed of the Bank of Amer¬
ica National Trust & Savings As¬
sociation. Blyth & Co., Weeden &
Co., both of San Francisco, Cali¬
fornia Bank, William R. Staats
Co., both of Los Angeles, J. Barth
& Co., of San Francisco, Paine,
Webber, Jackson & Curtis, of
Chicago,
Dean
Witter
& Co.,
Kaiser & Co., Schwabacher & Co.,
Xawson, Levy & Williams, Stone
& Youngberg, all of San Fran¬
cisco, William Blair & Co., of
Chicago, C. N. White & Co., of
Oakland, and Hannaford & Tal¬
bot, of San Francisco, at a price
of 100.09, a basis of about 2.34%,
follows:
$80,000 as 2s. Due on Oct. 1
as
1952
from
to
1964
1965
The second
to
1969
Oct.
1
Oct.
1
inclusive.
highest bidder
was
Boland, Saffin & Co.", for 2.35s,
at a price of 100.38.
Moorpark
Memorial
Union
Ventura County
(P.O. Ventura), Calif.
Bond Sale Details—The $75,000
school bonds purchased by Weed-,
&
Co., of San Francisco, for
$25,000 as ms, and $50,000 as
l%s, on a bid reflecting a net
cost
of
about
1.45%, as
previously noted in v. 170, p. 442,
were sold at a price of 100.05. and
have been approved as to legality
by O'Melveny & Myers, cf Los
Angeles.
Santa Clara Valley Water Con'
servation District (P.
O.
San
Jose),
Calif.
Bond Offering—Jean Worcester,
Sale
The
—
$10,000,000
obligation
water bonds
Sept. 22—v. 170, p. 835
awarded to a syndicate
general
offered
on
—were
Finance, will receive
bids - until 11 a.m. (EST)
Oct. 5 for the purchase of $1,-
authorized
issue
of
interest
net
2.02068%,
follows:
as
$340,000 3% s. Due
■■■
about
of
cost
on
Oct, 1, 1954
••'"'•.J •'
j 955
"'l " ■-/
1,360,000 2%s. Due on Oct. 1 from
1956 to 1963 inclusive.
680,000 2s. Due
Oct.
on
1
chaser
1953
without
1.90s.
Due
on
Oct.
1
4,900,000 2s. Due
on
The
after
in
bonds
Oct. 1 from
Oct.
inverse
dated Oct.
1,
maturing on or
1, 1968 are callable
numerical order, on
Bond
000
are
&
Kidder,
Illinois
Trust
Co.
Peabody
&
1949 coupon or registered
bonds, divided as follows:
$4,000,000
Due
Chicago,
Co., Braun,
of
National
Bank, of Minneapolis, Julien Col¬
lins & Co., of Chicago, Schmidt,
Poole &
Co., of Philadelphia, Rob¬
inson-Humphrey Co., of Atlanta,
nix, William
of
New
R.
York
Co., of Phc*$-
Comnton
and
&
Co^
McDougal
&
Co., of Chicago.
Close
Bidding
—
The sale
was
featured
ding,
tors, will receive sealed bids until
first
by extremely close bid¬
particularly
between
the
and
second
high
bids.
The
were
St.
Paul), Ind.
Sale—The
bonds
$16,000 grade
Sept.
20
George F. Red-
offered
awarded
to
elman, of Greensburg, as iy2s, at
a price of
100.312, a bashrbf,.about
1.443%.
the
are
dated July 1, 1949.
Denomination $1,000. Due on Jan.
1, as follows: $2,000 in 1950; $1,-
furnished
without
cost
to
Bonds
000
Warrant
Offering—Bryan Hart-
District
Clerk,
will
sealed bids until 11 a.m.
$2,000 from 1957
approved
(CST)
East
on
375,000
(1949) corporate purpose
tax anticipation warrants. Denom¬
ination $1,000. Principal and in¬
terest payable at the office of the
Treasurer.
the
rate
of
Bidders
interest,
to
ex¬
multiple of Vs of 1%.
a
able in numerical order, beginning
the lowest
number, solely
with
from
the
anticipated
tax
to
1956
inclusive,
to
1960 in¬
J-J.
Legality
by
& Miller
Ross, McCord,
Indianapolis.
of
receive
Sept., 29 for the purchase of $3,-
District
1951
clusive. y Interest
Chicago Sanitary District, III.
nett,
from
and
ILLINOIS
Ice
Gary School Town, Ind.
Sale—The
$16,000
im¬
Bond
provement bonds offered Sept. 21
—v.
to
170, p.
1027—were awarded
McDougal
basis
a
&
Condon, of Chi¬
price of 100.36,
2V2s, at
cago, as
of
a
about
2.414%.
Dated
Aug. 15, 1949 and due semi-annu¬
ally from July 1, 1950 to Jan. 1,
1958 inclusive. Second
high bid
of par for 2V2s was made
by the
Gary National Bank.
Hobart
collec¬
School
City, Ind.
tions
for
1949.
The
approving
opinion of Chapman & Cutler, of
Chicago, will be furnished to the
purchaser at the expense of the
W. Fraser,
Secretary
of
the
Board
of
Trustees, will receive sealed bids
until 7 p.m.
(CST) on Sept. 2d
District.
for
A
certified
check
for
Chicago Transit Authority, III.
Bond
Offering—G.
the
purchase of $44,500 not
interest building of
to exceed 5%
1949
bonds.
Dated
Aug.
1,
1949.
Denomination
opening
1949.
v
Wednesday, Sept. 21,
trading in
on
Ticker symbol for
these bonds will be CTA.
County
No. 44 (P. O.
School
sewer revenue bonds.
on
Feb. '1, as follows:
Sept.
13—v.
awarded
to
170,
a
p.
1027—were
composed of
group
Mullaney,
and F. S. Yantis &
Co., all of Chicago, at a price of
100.045, a net interest cost of
about 2.201%, as follows:
$240,000 2s. Due
on
1951 to 1959 inclusive.
bonds
are
dated
1977
to
4,000,000
1980 inclusive.
sewer
bonds.
revenue
Due Feb.
tion
1, 1985. The resolu¬
requires the following
minimum
ments
for
amortization
retirement
of
pay¬
Sept.
1,
1949.
the
bonds by Feb. 1, of the follow¬
Due on Dec.
from 1960 to 1968 inclusive.
Dated June 1, 1949.
tion $1,000.
1
1
Denomina¬
Principal and interest
(J-D) payable at the Mercantilein 1956;
Commerce Bank & Trust Co., St.
1957; $49,000 in
Louis. Legality approved by Chap¬
1958; $31,000 in 1959; $44,000
man & Cutler, of Chicago.
in 1960; $52,000 in 1961; $34,1
Hinsdale, III.
000 in 1962; $44,000 in 1963;
Bond Sale—The $160,000 water
$55,000 in
1964;
$68,000 in
1965; $49,000 in 1966;; $62,000 works improvement bonds offer¬
in 1967; $74,000 in 1968; $52,- ed
Sept. 20 were awarded to
000 in 1969; $65,000 in 1970; Bacon, Whipple & Co., of Chicago,
as
l%s, at a price of 100.04, a
$74,000
in
1971; $86,000 in
1972; $55,000 in 1973; $71,000 basis of about 1.74%. The sec¬
in 1974; $83,000 in' 1975; $95,- ond
highest bidder was Harris
000 in 1976; $74,000 inl 1977; Trust & Savings Bank, Chicago,
$86,000
in
1978;
$98,000 in for $160,000 as 2s, oij a bid re¬
net interest
cost- of
1979; $111,000 in 1980; $369,- flecting a
000 in 1981; $381,000 in 1982; about
1.86%.
Bonds are dated
$397,000 in 1983; $409,000 in June 1, 1949, and mature on Dec.
1 from 1950 to 1965, inclusive.
1984, and $854,000 in 1985.
ing years:
$44,000 in
<
as 2i/2s.
Due on Dec.
from 1950 to 1959 inclusive.
$115,000
135,000 as 2%s.
$34,000
of
1%.
Interest
J-J.
The
}.
V1
.O'.V >
..
Jasper, Ind.
Bond Offering — A. J. Sermer.
sheim, City Clerk-Treasurer, will
receive
chase
4%
on
of
until
7
p.m.
Sept. 26 for the pur¬
$420,000 not to exceed
interest
enue
bids
sealed
(CST)
works
rev¬
Dated Sept. 15,
bonds.
1949.
sewage
Denomination
$1,000. Due $4,009
1951, Jan. and July 1,
1953, $5,000 Jan. and
July 1, 1954, $4,000 Jan. and $5,~
000 July 1, 1955, $5,000 Jan. and
July 1, 1956 to 1958, $6,000 Jan.
and July 1, 1959 to 1962, $7,009
Jan. and July 1, 1963 to 1966, $8,July
1,
1952
Dec. 15 from
510,000 2V4S. Due on Dec. 15 from
I960 to 1969 inclusive.
The
V4
-;'V ,./?/''v!
Sale—The $750,000 school
and building bonds offered
Bond
site
of
approving opinion of Ross, Mc¬
Cord, Ice & Miller of Indianapolis*
will be furnished to the purchaser
at the expense of the School City*
District
Lombard), III.
Gallatin County Community High
School District No. 57 (P. O.
$60,000 from 1956 to 1958 in¬
clusive; $9,000 from 1959 to
Shawneetown), III.
1961
Bonds Sold—An issue of $250,inclusive; $120,000
in
1962 and 1963; $125,000 in 1964 000 building bonds has been sold
and 1965; $155,000 from 1966 to
Blewer, Heitner & Glynn, of
to
1968
inclusive;
$185,000 St. Louis, and Wheelock & Cum¬
from 1969 to' 1972 inclusive;
mins, of Des Moines, jointly, at a
$215,000 from 1973 to 1976 price of 100.15, a basis of about
inclusive, and $245,000 from 2.67%, as follows:
National
Chicago,
Writer & Christensen, of
Kenneth A. Ellis &
revenue
series
of
Northwestern
airport
Oct. 5 for the purchase of $8,000,not
to exceed 5%
interest
E. F. Hutton & Co., of New York,
Ohio Co. of Columbus, Kebbon,
Peters,
Denver,
$125,-
hank, City Controller, will receive
a.m. (EST) on
den, Stone & Co., all of New York,
Central Republic Co., of Chicago,
Co.,
Bond
school
A certi¬
fied check for $160,000,
payable to
the city, is required.
DuPage
Details—The
Sale
Tampa, Fla.
Bond Offering—Hobart D. Pel-
Sons, G. H. Walker &
Co., Otis & Co., R. S. Dickson &
&
a
The
purchaser of the bonds.
basis of about 3.15%.
&
McCormick
(P. O.
/
Second
high
bid
of
100.518 for l%s, was made
by the
Union Trust Co.,
Indianapolis.
the Northern Trust Co.,
Bosworth & Co., Inc., Hornblower
& Weeks, Barr Bros. & Co., E. H.
Rollins
in
Wells & Co.,
with
Continental
the
name
expressed
1/10 of 1%.
or
bonds pur¬
chased by Leedy, Wheeler & Alleman of Orlando, as previously
noted in v. 170, p. 639, were sold
as
3.20s, at a price of 100.45, a
Halsey, Stuart
& Co. Inc., in the underwriting
were the following:
Bank
certified
Orlando, Fla.
Oct. 1, 1967 or on any subsequent
interest payment date, .at par and
accrued interest.
Associated
A
000
those
and
cost.
sealed bids until 11
1972 to 1978 inclusive.
1949
inclusive.
1961
$30,000, payable to the
City, is required.
from
from 1968 to 1971 inclusive.
to
check for
1964 to 1967 inclusive.
2,720,000
interest,
Township School Township
$1,000, except one
for $500.
Due $3,000 on Jan. 1
Principal and interest (A-O) pay¬
Bonds Traded on N. Y. Curb
able in New York City. Bidders Exchange—The New York Curb and $2,000 on July 1, in 1954; $10,000 on Jan. 1 and July 1,
to name the rate of interest, ex¬ Exchange announced
1955;
Sept. 20 that
pressed in a multiple of Vs or 1 /10 Chicago Transit Authority 3% % $10,000 on Jan. I and $5,000 on
July 1, 1956, and $4,500 on Jan. I*
of 1%. The approving opinion of revenue
bonds, series of 1947, due
Mitchell & Pershing of New York July 1, 1978, would be admitted 1957. Bidders to name the rate of
City, will be furnished to the pur¬ to dealings at the Curb's market interest, expressed in a multiple
by Halsey, Stuart & Co.
Inc., New York, at a price of par,
a
Bidders to
INDIANA
Adams
City.
$67,500, payable to the District, is
1, as follows: $12,000 in 1951;
$282,000 in
1952, and $134,000 required.
headed
Secretary of the Board of Direc¬
(City and County),
Shaw.
of
500,000 not to exceed 4 % interes.1
sidewalk, series A coupon or reg¬
istered bonds. Dated Oct. 1, 1949.
Denomination $1,000. Due on Oct.
High Co., Adams, McEntee & Co., Hay-
Sch. Dist.,
interest
1
Colorado
inclusive.
150,000 as 2V2S. Due on
from
in
1951.
2V4S. Due on
Sept.
on
COLORADO
Denver
Union
1950 and
Due
on
from
pur¬
Bond
420,000
3s.
as
1
from 1959 to 1970 inclusive.
quired.
en
a
$54,000
chaser. A certiifed check for $30,<000 payable to the City, is re¬
Merced
previously
as
v. 170, p. 538, were sold
price of 100.007, a basis of
about 3.05%, as follows:
at
election
the
Francisco,
noted in
May 27, 1947. The ap¬
proving opinion of Ray L. Chesefcro, City Attorney, and O'Mel•veny & Myers, of Los Angeles,
as
San
on
will
sealed
Details—The
$121,000 sewage disposalnsystem bonds
purchased by Schwabacher & Co.
office, or at any fiscal
agency of the City in New York
City. Bidders to name the rate
of interest, expressed in a mul¬
tiple of V\ of 1%. These bonds
authorized
Director
Sale
Bond
Treasurer's
were
York
the first instal¬
Warrants will be numbered begin¬
ning with A-1306 and will be pay¬
Miami, Fla.t
Offering — G. N.
Bond
inclusive.
Dated Nov.
held
New
are
an
pressed in
"
from
1
of
name
May 20. The second high¬
on
bidder
est
election
the
at
Salomon
-
are
$45,000
&
-
Cummins, Inc., of
Des
Moines,
Lucas,
Eisen
&
Waeckerle and George K. Baum
& Co., both of Kansas City, joint¬
$43,000
were
from 1950
inclusive.
Nov.
on
bonds
of
multiple of Vs
be
of America
Trust
and
Trinidad, Colo.
Publicly
Offered—
Bonds
Savings Asso¬
ciation," of San Francisco, as l%s,
at a price of 100.65. These bonds
National
as
Beane
bonds. Due
Sale—The $255,000 school
offered
Sept.
19
were
bonds
&
Bros. & Hutzler.
of
(P. O.
Bakersfield), Calif.
300,000 Series F bonds. Due $15,000
Bank,
These
City
ly,
Wasco Union Sch. Dist.
follows:
.$1,200,000 Series E
$30,000 on Nov.
syn¬
approving opinion of Mitchell &
Pershing, of New York City, will
receive
not to exceed 4 V2%
fire protection facilities,
Election
a
Fenner
$138,000, payable
is required.
$1,500,000
_jnterest
made by
managed by the National
Bank of New York. Other
Na¬
rate
a.m.
(PST)
purchase of
the
was
dicate
payable at the Cnase
were
Blyth & Co., R. W. Pressprich & Co., Merrill Lynch, Pierce,
without cost.
Angeles, Calif.
Bond Offering—Walter C. PetCity
tional
2.02068%,
(F-A)
1, 1949. Denomina¬
Principal and interest
$13,000,000.
be
Lcs
person,
of
Dated Aug.
leading members of this account
Herbert C.
1
tion $1,000.
the
to
Prin¬
previously noted in
Bidders to name the rate of inter¬
V.
170, p. 639, were sold at a
est, expressed in a multiple of V*
price of 100.02, a basis of about
of 1%.
The approving opinion of
JL.96%, as follows:
Orrick, Dahlquist, Neff & Her.$30,000 as l%s. Due on July 1 rington, of San
Francisco, and of
as
as
2s.
Due on July
from 1956 to 1966 inclusive.
a net interest
city of 2.0271% as
compared with the winner's offer
cost
cipal and interest (J-J) payable at
the
County
Treasurer's
office.
San
55,000
latter, providing for
and
000 Jan.
$9,000
1972,
and
Jan.
July 1, 1967 to I960,
July 1, 1970
Jan. and July
and
$10,000
to
I,
and
July 1, 1975 and 1976, $12,000 Jan.
and July 1, 1977 and
1978, and
$13,000 Jan. 1, 1979. All bonds are
redeemable at the option of the
City on July 1, 1950, or any inter¬
est payment
date thereafter, in.
their inverse numerical order, at
the face value thereof, plus the
following premiums: 8% if re¬
deemed on or before Jan. 1, 1955,
6% if redeemed after Jan. 1, 1955*
and on or before Jan. 1, 1960, 4%
if redeemed after Jan. 1, 1960, and
on or before Jan. 1, 1965, and 2%.
1973
and
1974,
$11 000
if redeemed after Jan. 1,
prior
to
maturity;
accrued
case
fixed
plus
interest
Jan.
1965, and
in each*
to
the
date
for redemption.
name
the
rate
Bidders to
interest, ex¬
of
multiple of Vs of 1%.
The approving ooinion of Ross, McCord, Ice & Miller
of Indianapolis, will be furnished
to the purchaser at the expense
of the City. A certified check for
$5,000, payable to the City, is re¬
quired.
pressed in
a
Interest J-J.
Union
Bond
age
City,
Saie—The
Ind.
$150,000
sew¬
works revenue bonds offered
..
58
THE
(1238)
Sept.
15
170,
v.
—
awarded
931
p.
National
were
—
the
to
City Securities
Corp., and the Indianapolis Bond
& Share Corp., both of Indian¬
is,
1951
second
to
inclusive.
1975
highest
bidder
0.87%.
lb51
Raf-
fensberger, Hughes & Co., for 3s,
at
School
July
on
bonds.
Twp.
1 from
1951
from
1
vov.
bidder
Union
was
Co., Indianapolis,
price of 101.60.
for
949.
$40,000
for
23/4s
Bond
high
bid
iy4s, at
the
at
Inwood
Bond
from
1
1951
Details—The
Sch.
Dist., Iowa
Bond Offering— E. H. Kettler,
Bank,
$15,000
3
for
the
construction
purchase of
bonds. Due
1, as follows: $2,000 in
1951; $3,000 from 1952 to 1954
inclusive, and $2,000 in 1955 and
1956.
ized
These
bonds
the
at
author¬
were
election
June 7.
price of
held
on
(,
Chicago, and
Co., Chicago,
100.76, a basis of
follows:
as
4s.
Due
1
from
May
on
1951
to
l^ts. Due
as
and Nov. 1
from
May 1
on
1958
1954 to
inclusive.
1,120,000
-
1 from
inclusive.
1,980,000
1959 to 1962
and Nov.
1
1969
inclusive.
Dated
'
Nov.
1,
1949.
Blom-
mers,
until
8
(CST) on Oct.
17 for the purchase of
$225,000
building bonds. Dated Nov.
1,
1949.
on
p.m.
Denomination
$1,000.
Due
1, as follows: $8,000 in
$9,000 in 1951; $10,000 in
Nov.
1950;
1952; $9,000 in 1953; $10,000 from
1954
to
1957
inclusive; $11,000
from 1958 to 1960 inclusive; $12,000
from
1961
to
1964
inclusive;
School District, Iowa
Bond Sale—The $135,000
struction
bonds
offered
con¬
Sept,
19
1969
inclusive.
will be.furnished to the purchaser
by the District. These bonds
authorized at
March
14.
A
an
were
election held
certified
$4,500 is required.
check
Due
Nov. 1 from 1951 to 1968
on
inclusive. The second highest bid¬
der was Halsey, Stuart & Co., for
2s, at
price of 101.16.
a
1
LOUISIANA
Bond
(P. O. Plaquemine), La.
Offering—J. Gerald Ber-
Bond
ret, Secretary of the Police Jury,
will
2
receive
sealed
bids
until
(CST) on Oct. 11 for the
purchase of $250,000 not to ex¬
ceed 4% interest public improve¬
p.m.
ment
bonds.
Dated
Denomination
to
to
inclusive; $7,000 from 1959
1962 inclusive; $8,000 from 1963
1965
inclusive; $9,000 from
1966
to
from
1969
000
1968
from
to
inclusive; $10,000
inclusive; $11,to 1974 inclusive;
1971
1972
$12,000 from
1975
to
1977
inclu¬
sive; and $13,000 in 1978 and 1979.
Principal
and
interest
(A-O)
payable at the Treasurer's office
—were
awarded
Jury
cost. A certified
or
at any bank
ta
the
bonds
p.
1027
Security
County
(EST)
noon
on
Oct. 6
for the purchase of $100,000 not to
exceed 4% interest bridge 1949
bonds.
Offering—John
1,
follows:
as
in
1951
Chairman,
will
sealed
bids
office
State
(EST)
(A-O) payable
County Treasurer's office.
Bidders to
ests
the rate of inter¬
name
expressed
The
the
in
will
of
furnished
purchaser without cost. A
to
cer¬
of
Bank
office
the
at
of
Sept.
trust
or
State
i'-
bids
Street,
(EST)
chase
—
F.
Board, 18 Tremont
Parish
Sch.
Dists.
(P.
O.
Sale'Details—The
school
bonds
bonds
$110,by
Scharff & Jones, of New Orleans,
as
p.
previously noted in v.
170,
1028, were awarded as follows:
sealed
15, 1949. Due
$120,000 school
Aug. 2—v.
offered
Aug. 15 from 1950
on
price of
1.20%.
—
bids
at
Thomas
office
the
of
Kingston, Mass.
Bond
man,
Offering—George W. CushTown Treasurer, will receive
sealed
bids
chants
National
in
bank
care
of
Bank
or
trust
the
Mer¬
of
Boston,
a.m. (EST) on Sept. 27 for
purchase of $380,000 coupon
bonds, divided as follows:
until 11
as
of
$175,000 school loan, Act of 1949
bonds. Due on Oct. 1, as fol¬
lows:
$12,000 from 1950 to
1959
inclusive; $11,000 from
1960 to 1964 inclusive.
to
Pitts field
Chairman,
Woodhead,
will
re¬
ceive sealed bids at the office of
State
Housing Board, 18 Tre¬
until 11 a.m.
mont Street, Boston,
(EST)
on Sept. 29
of
$1,750,000
Dated
ries
notes.
Due
on
1950
to
1959
inclusive, and
$13,000 from 1960 to 1964 in-
and
elusive.
proving
&
Fourth
Oct.
10,
Se¬
1949.
opinion
Donovan
for the pur¬
interest
205,000 school bonds. Due
1,
as
Dated
follows:
on
$14,000
Oct.
from
Oct.
1, 1949. Denomina¬
Principal and interest
payable at the Merchants National
the rate of
Bidders to
name
interest, expressed in a
multiple of V4 of 1%. The approv¬
tional
Y'ork
April 18, 1950. Principal
payable at the Na¬
Bank
of
Boston.
The
ap¬
of
Sullivan,
Heenehan, of New
City.
1949.
Due
Feb.
on
highest bidder was Alden
second
State
Bank, of Wayne,
Dated Sept. 1,
1, 1950. The'
interest.
2%%
Bank, Alden.
Bad
Mich.
build¬
Dist.,
Sch.
Axe
Sale—The $350,000
Bond
ing bonds offered Sept. 15—v. 170.
j
1028
p.
Corporation, of
;
2s, at a price of 100.03,
basis of about 1.99%. The sec¬
Detroit,
a
awarded to the
were
—
of Michigan
First
as
Paine,.
Curtis, for
$230,000 as 2s, and $120,000 as
2V4s, at a price of 100.0002.
highest bidder
Jackson &
ond
was
Webber,
DeWitt
,
awarded
as
Township School District
No. 4, Mich.
Sale
school
000
Details
follows:
—
The $30
awarded
bonds
-
Gilbert & Co. of Lan3V2s, as previously noted
170, p. 1131, are described as
sing,
in
,
to
Donovan,
-
as
v.
follows:
Bonds
dated
are
Denomination
Oct.
$1,000.
1,
1949.
$3,009
Due
April 1, 1950 to 1959. Bonds ma¬
turing in 1955 to 1959 may be re¬
deemed at the option of the Dis¬
trict in inverse numerical order
interest payment date on J
1, 1954. at par and :
accrued interest to the date fixed
on
any
and after Oct.
for
Plymouth Housing Authority, Mass.
Note Sale—The $460,000 1st Se¬
ries notes offered Sept. 15 were
ing opinion of Storey, Thorndike, $230,000 purchased by Salomon
& Dodge, of Boston, will
Bros. & Hutzler, at 0.77% in¬
be furnished to the purchaser.
terest, plus a premium of $11.
Palmer
at
Bond
Housing Authority, Mass.
—
Frank A.
Note Offering
chase
1028—were awarded to
170, p.
v.
Authority.
the
(P. O.
York
New
nished
.
County
the Wayne State
the
Donovan & Heenehan,
City, will be fur¬
the purchaser by the
Sullivan,
the
.
company
-
ticipation notes offered Sept. 15—
J.
be
1949.
1,
Bellaire), Mich.
Note Sale—The $25,000 tax an¬
State
may
Due
1950 to 1955 in-
June
Antrim
Street,
rated
Toledo, at a
basis of about
100.15, a
Dated
Bos-
Braun,
Inc.,
elusive.
receive
will
to
Co.,
Aug. 1 from
on
New
designated by the pur¬
chaser. The approving ooinion of
to 1969 inclusive.
Bank of Boston.
purchased
Offering
&
»
2092—
169, p.
16—v.
awarded
were
worth
Housing Authority,
Chairman,
Sept.
VA% '
$99,000
245 bonds of-
District No.
i'ered
Massachusetts
Note
Arbor, Mich.
Sale—The
Bond
Sewer
City, will be furnished to
the purchaser by the Authority.
Barry,
>
MICHIGAN
York
Northbridge
&
Palmer
Thorndike,
Storey,
Dodge, of Boston.
Boston,
ntil
11
a.m.
on Sept. 2.,
for the pur¬
of
$471,000
First
Series
of
1949.
1,
$1,000.
Principal
payable at Day Trust
Co., Boston. Legality aDproved by
the
of
Oct.
dated
are
Denomination
and interest
receive
office
the
at
Daniel
.
inclusive.
Ann
will
inclusive,
1954
to
1950
Bonds
Massachusetts
Chairman,
•
$7,000 from 1955 to 1969
Newburyport Housing Authority,
Offering
of:
school loan bonds. Due
1, as follows: $8,000
and
Caldwell,
Marshall, Trimble &
Mitchell, of New York City, will
be furnished by the Authority.
Note
Na¬
Oct.
from
designated by the pur¬
chaser. The approving opinion of
O'Brien,
First
the
to
from 1950 to 1969 inclusive.
on
as
Housing Board, 18 Tremont
Boston,
until
11
a.m.
170, p. 443—were awarded to the (EST) on Sept. 29 for the pur¬
of
$250,000
First Series
First National Bank, and Robert chase
10, 1949. Due
Hawkins & Co., both of Boston, notes. Dated Oct.
on
Sept. 15, 1950. Principal and
jointly, as 2s, at a price of 100.94,
interest payable at such incorpo¬
a basis of about 1.89%. Dated
Aug.
Sale—The
Bond
addition
for
145,000
be
may
Walpole, Mass.
$445,000 bonds
sale
on
Sept.
22,
Sale—The
consisted
Sale
Tremont
11
a.m.
company
-
$300,000 school loan, Act of 1949
bonds. Due $15,000 on Oct. 1
15, 1950. Principal and
payable at such incorpo¬
bank
rated
a
Dated Aug.
Bank, of Boston, as l%s,
at a price of
100.62, a basis of
about 1.68%. Sale consisted of: ;
on
interest
100.58,
of
Aug. 1 from 1950 j
on
awarded
were
of
notes.
20—
tional
Sept. 29 for the pur¬
$772,000 Second Series
Dated Oct.
10, 1949. Due
(EST)
chase
Due
Bond
Mose-
the
price
a
inclusive.
1954
offered
Authority, Mass.
Housing
Board,
18
Street,
Boston,
until
at
1, 1949.
to
ley, Chairman,, will receive sealed
bids
iy4s,
as
opinion of Sullivan,
Donovan
&
Heenehan, of New
York City, will be furnished to
the purchaser.
B.
mac¬
Sept.
basis of about 1.04%.
approving
Note. Offering—John
$90,000
offered
170, p. 1130—were awarded to
C. J. Devine & Co., of New York,
The
Boston.
Mass.
Sale—The
v.
15, 1950. Principal and
payable at the Second
Sept.
interest
tified check for 5% of the bonds,
Ashland, Mass.
premium
a
bonds
adam
the
a
be
Trust
Bessemer
Taunton,
until
11
a.m.
29 for the pur¬
of $640,000 second
Series
Dated Oct. 10, 1949. Due
Heenehan,
Baltimore,
the
plus
Bond
receive
Boston,
Sept.
State Housing
the
the
at
sealed
Prin¬
the
to
in¬
of $7.50. J
second
highest bidder was
National Shawmut Bank, of
terest,
on
notes.
$10,000 in 1950; $5,-
1952; $10,000 in
v
Co., of Jersey City, at 0.78%
Housing Board, 18 Tremont
Street,
Dated Oct. 1, 1949.
Due on Oct.
and
awarded
Cava-
J.
nagh,
Denomination $1,000.
tion $1,000.
Winn
Bond
170,
of
Commissioners, will receive seal¬
check for $5,000,
payable to the Police Jury Treas¬
urer, is required.
000
Sale—The $150,000
Board
MASSACHUSETTS
,,
Sioux City, la.
the
of
Iberville Parish Road Dist. No. t
Winnfield), La.
offered Sept. 20—v.
County (P. O.
Cambridge), Md.
Bond Offering—J. Thomas Price,
Sale—The
Mass.
Authority,
Housing
Note
on
Dorchester
Housing Authority, Mass.
$100,000 First
Note
Series notes offered Sept. 10 were
City Treas¬
The
approving
Needham Housing
Sept. 1, 1949.
City.
Revere
1
The second
highest bidder was Alex. Brown &
Sons; Kidder, Peabody & Co., and
John C. Legg & Co., jointly, for
$144,000 as 4s; $36,000 as 23/4s;
$144,000 as 2!/2s; $324,000 as 2(4s,
and $252,000 as 2s, at a price of
par, a basis of about 2.23%.
Clerk
York
Boston, at 0.778% interest.
Lynn
payable to the County Treasurer,
is required.
on
for
Sept.
Sept. 26, 1950. Le¬
on
approved by Sullivan,
Donovan
&
Heenehan, of New
multiple of notes. Dated Oct. 10, 1949. Due on
—v.
170, p. 1129—were awarded Vs or 1/10 of
1%. The approving Sept. 15, 1950. Principal and in¬
to Shaw, McDermott &
Co., of opinion of Thomas W. Simmons, terest
payable at the National
Des Moines, as 2s, at a price of
of Cambridge, Attorney for the Shawmut
Bank of
Boston.
The
101.48, a basis of about 1.86%, to
County Commissioners, and Mul- approving
opinion
of
Sullivan,
maturity.
Dated Oct. 1,
1949. likin, Stockridge & Waters, of Donovan &
specified by the purchaser. The
approving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished to the purchaser without
to
Dated
at
000
1967
on
cipal and interest
of the Police
from
Due
1974 inclusive.
1970 to
0.77%
premium of $7.
Sept. 26, 1949
a
gality
Bank
to
highest bidder was
dated
are
and mature
the
from 1955 to 1959 inclusive.
$13,000 in 1965 and 1966, and $14,Optional Nov. 1, 1960, and any in¬
terest date thereafter prior to ma¬
turity. The aporoving opinion of
Chapman & Cutler, of Chicago,
on
National
without cost
1953; $20,000 in 1954, and $10,000
1958
Iowa
J.
1
Due
1969 inclusive.
2y2s.
as
from
Sept.
2y4s.
1966 to
furnished
be
National
1
Due
1961 to
as
from
000
bids
Offering—John
from
coupon
May 1
on
from 1963 to
Notes
purchaser.
on
on Sept.
1965 inclusive.
2s.
as
144,000
.
l3As. Due
as
May 1
on
interest, plus
the
at
or
office.
chase
Due on Sept. 1
l%s.
ed bids until
IVzs. Due
as
and Nov.
;
Due
from 1958 to 1960 inclusive.
1
Secretary of the Board of
Education,
will
receive
sealed
Indep. Sch. Dist.,
1,
4s.
1950 to
as
180,000
1953
Dec. 31, 1949.
$1,000.
Due
on
Oct. 1, as follows: $5,000 in 1951
and
1952; $6,000 from 1953 to
Pelia
Bond
Due on Sept.
from 1954 to 1957 inclusive.
par.
of
of
as
1,250,000
Dec.
on
a
1129,
Trust
1.68%,
Secretary of the Board of Edu¬
cation, will receive sealed bids
Oct.
5s, at
and Nov.
$8,000
$2,000 in 1955.
1
108,000
previ¬
p.
West Des Moines Independent
mature Nov.
1, as follows:
$1,000 in 1950 and 1951; $2,000 in
1952; $1,000 in 1953 and 1954, and
on
Sept.
1953 inclusive.
180,000
price
a
to
will
until
Co.; Baker, Watts & Co., and
Balti¬
more, jointly, at a price of 100.16,
a basis of about 2.21%, as follows:
Stein Bros. & Boyce, all of
as
First
the
at
Boston
premium of $11.
a
second
J. P. Morgan & Co. Inc. at
of
Storey,
Thorndike,
Palmer & Dodge, of Boston, will
Mercantile
144,000 as 1
as
170,
v.
The
$1,000. Due
follows: $10,000 from
able
Sale
$650,000
1,
building bonds purchased by Rock
Rapids State Bank of Rock Rap¬
ids, as 2Vzs, at a price of par, as
previously noted in v. 170, p. 835,
Irwin
in
as
the
to
Trust
inclusive.
Indep. Sch. Dist., Iowa
Sale
Washington,
Northern
about
price of 100.02.
a
of
noted
sold
National
by
Oct.
awarded
were
$56,000
Indep. Sch. Dist., Ia.
—
The
$5,000,000
milding bonds offered Sept. 20—
v. 170, p. 1027—were awarded to
a
syndicate headed by the First
1957 inclusive. The second highest
bidder was Carleton D. Beh Co.,
for
Iowa
plus
a.m.
opinion
improvement of 1949 bonds of¬
fered Sept. 21—v. 170, p. 1028—
$144,000
sewer construction bonds
Bond
of
made
Dated
Nov.
on
a
Waterloo
sewer
Moines, Iowa
Bond
Sale—The
$110,000 fire
fund
bonds
offered Sept; 19—
v. 170, p. 1129—were awarded to
Halsey, Stuart & Co., Chicago, as
l%s, at a price of 100.06, a basis
1949. Due
protection
by .the
Washington
Bank,
and
the National
Uate
on
was
1.23%.
Beh
re¬
11
Denomination
urer's
County (P. O.
Annapolis), Md.
Bond Sale—The $900,000 capital
purchased
a
Des
about
flood
D.
Sale Details—The
anitary
Shaw, McDermott & Co.
of
Co., for
Is, at a
as
Carleton
Washington,
Co., Doth of Des Moines,
jointly, as 2a4*. at a price of
100.137, a basis of about 2.722%.
Dated Sept. 1, 1949 and due $4,000 on Sept. I from 1950 to 1959
Second
Arundel
from
Beh
100.125
100.40.
..10s, at a price of 100.06.
Sept.
20—v. 170, p 1129—-were awarded
to Sparks > Co. and Carlton D.
inclusive.
bonds,
sewer
price of 100.60,
nd Salomon Bros. & Hutzler, for
400,000 water revenue bonds, for
ously
offered
MARYLAND
inclu¬
dated Aug.
Beh
until
Sept. 27 for the pur¬
chase of $100,000 school, Act of
1949 coupon bonds. Dated Oct. 1,
of
on
Iowa
Sale—The
bonds
D.
for $50,000
jonds, as Is, at
,.vere
revenue
1952
bids
on
1949.
from 1962 to 1965 inclusive.
1
1,
highest bidders
The second
Bank
Clarinda,
to
are
Jo.,
IOWA
Bond
1950
Carleton
>100,000
price of
on
at
on
Due
on
(EST)
will
Treasurer,
sealed
Dodson Sch. Dist. bonds, on Oct. 1, as
price of 100.04, a basis of 1950 to 1954 inclusive, and $5,000
about 3.11%, as follows: $52,- from 1955 to 1964 inclusive. Bid¬
000 as 3y4s, due on
July 1 ders to name the rate of inter¬
from
1951 to 1961 inclusive, est, expressed in a multiple of y4
and $28,000 as 3s, due on July Of 1%. Principal and interest pay¬
Anne
were
Trust
2y4s,
1.02%.
nil the bonds
Dated Aug. 15, 1949. The second
highest
about
3s,
as
ceive
Na-
of
interest,
0.77%
at
Boston,
the
Bank,
Shawmut
tional.
Mc-
at a
the
to
1 from 1961 to 1964 in¬
City
Ardle,
80,000
$100,000
offered
awarded
$10,000
clusive.
sive.
.
,
bonds
due
and
July
inclusive.
Sale—The
were
of
July 1 from 1951 to 1969 in¬
*
j
' r, ' \
.
1955
31/4S, due on July
inclusive,
as
J.
by
purchased
230,000
Lynn, Mass.
Offering—Daniel
Bond
1949
Monday, September 26,
CHRONICLE
1 from 1951 to 1960
inclusive.
to
revenue
basis
inclusive.
■
$20,000
from
1
FINANCIAL
&
$30,000 New Calvin
Sch. Dist.
bonds, at a price of 100.08, a
basis of about 3.11%, as follows:
White-Phillips Co., of Davenport,
as
D/ss, at a price of 100.13, a
1969
60,000 Civil Twp. bonds. Due
clusive.
1950
date
same
Due
to
Dec.
on
1953
Additional
va.er
Washington Township (P. O.
R. R. No. 3, Logansport), Ind.
Bond Sale—The $125,000 bonds
offered Sept. 15—v. 170, p. 1027—
were
awarded
to
a
syndicate
composed
of
the
Indianapolis
Bond
&
Share
Corp., Fletcher
Trust Co., City Securities Corp.,
Raffensperger, Hughes & Co., all
of Indianapolis, and the National
Bank
of Logansport, jointly, as
2s, at a price of 100.42, a basis of
about 1.95%, as follows:
$65,000
Due
to
from
price of 100.41.
a
as
50,000 flood protection bonds, at
a
price of 100.75, a basis of
about 0.89%. Due on June 1
The
was
Bank,* of Sioux City,
follows:
as
yxov;,uuu sewer bonds, at a price
of
100.40, a basis of about
apolis, jointly, as 3s, at a price
of 101.72, a basis of about 2.85%.
Dated Sept. 1, 1949. Due on Jan. 1
from
COMMERCIAL
redemption,
for
each
bond
follows:
$20.00
called
or
$15.00
on
on
plus
so
on
a
premium
redeemed
each
before April
-
as
bond
1, 1955,
each bond called
after
and on or before "
April 1, 1956, $10.00 on each bond /
called after April 1, 1956 and on
April
1,
1955
Volume 170
before
or
Number 4841
April 1, 1957, $5.00
each
bond
1957
and
called
on
THE
on
after
April
1,
before
or
April
1,
1958; if called thereafter
no
pre¬
mium will be paid.
Principal and
(A-O) payable at the
Lansing, Lansing.
interest
Bank of
Ecorse
Twp.
(P.
O.
Sch.
Dist.
No.
7
Wyandotte), Mich.
Sept.
836
—were
Donald-Moore
on
15—v.
awarded
&
170,
to
Mc¬
Co., of Detroit,
bid
a
reflec; ing a net interest
cost of about 3.04%. Dated
Oct.
1,
3949.
to
Due
1964
on
May
highest bidder
dred
net
&
1
inclusive.
Co.,
from
The
3.10%.
Township Sch. Dist.
(P.
No.
5
O.
1454 Petts Road,
Fenton), Mich.
-
Bond
Sale—The
$90,000 build¬
the
First
of
Michigan
on
Dated
June
1949.
The
name
highest bid¬
der was Stranahan, Harris & Co.,
Inc., for 2y4s, at a price of 100.12.
inclusive.
the rate
Saginaw,
cer¬
of
Co.,
iy4s, at
as
170,
spe¬
bonds.
1950
Due
to
92,000
1950
Due
Dated
highest
&
derson, Town Clerk,
sealed
1
from
Ripley
&
Co.,
Chicago, on a bid reflecting
interest cost of about
Inc.,
net
a
1.883%,
as
follows:
$50,000
2s.
Due
April
on
from
1
1950 to 1954 inclusive.
20,000 iy2s. Due
and
100.04.
1957 to
April d-from
on
2s.
Due
1960 to
April
on
inclusive.
1968
to
$90,000
as
are
dated
Interest M-N.
Due
All
est,
bonds
dated
Sept. 1,
1949 and those maturing from 1955
are
to 1964 inclusive
in
inverse
are
redeemable,
numerical
order,
on
Columbia
Heights, Minn.
$325,000 per- !
improvement
revolving■
bonds offered Sept. 20—v.
Sale—The
April 1, 1954 or on any subse¬
quent interest payment date at
varying premiums, depending on
finlrl
of redemption. Second
high bid, based on a net cost of
made by Braun, Bos-
was
worth &
Huron
Co., Inc., Toledo,
;
awarded
stone &
of
97,
R.
Living¬
Co., of Detroit, at a price
net interest cost of about
a
4.127%,
follows:
as
$26,000 33/4s.
1953 to
64,000
S.
to
Due
Due
and
are
on
April
from
1
dated Feb. 1, 1949
redeemable, in inverse
numerical order, on April 1, 1951
or on any
subsequent interest pay¬
are
ment
Bond
supply
enue
date
at
varying premiums,
depending
on
the date of redemp¬
Dated Jan. 1, 1949.
bonds
offered
1028—were
p.
Schneider
system
Sept.
19—v.
awarded
to
County (P.
::iManistee), Mich.
E.
are
offered
the
to
dated
on
Manistee.
Sept.
Feb.
County
Sept.
15
Manistee
15,
1, 1950.
1949
Prin¬
Savings
Purchaser
to
Bank,
fui nish
and pay for
legal opinion and for
printing of the notes.
Roseville, Mich.
Offering — William Utt,
Village Clerk, will receive sealed
Bond
previously noted
170, p. 1131—were awarded
price of par. Dated Oct. 1,
2s>
ag
as
at.
a
$1,000.
inclusive. Callable
interest
payment date. The successful bid
on
any
follows:
£215,000
as
from
810,000
3J/2S.
1950
Due
on
1953
to
3V4s.
Due
on
1954 to
1961
inclusive.
as
from
from
Dated
May 1
inclusive.
1962
Aug.
1964
to
1,
on
May
1
May 1
inclusive.
Wayne, Mich.
Bond
Sale—The
$110,000 street
special assessment
improvement
offered
Sept.
1131—were
the
second
19—v.
awarded
to
to
1959
highest
2y4s.
on
Sept.
inclusive.
bidder
1
age bonds offered Sept. 21—v.
1029
—
were
awarded
National
Bank
of
The
1,
1950
second
McDonald-
was
4
Moore & Co., for 2V2s.
MINNESOTA
Minnesota
Bond
ney,
&
District
Clerk,
will
Co.,
Denomination
$1,000.
Due
for
inclusive.
bidder
13/4s,
at
was
a
hall
and
fered
The
Bond
Sale —The
offered
Sept.
$25,000
were
St.
a
water
city
system bonds of¬
170, p. 1029—
awarded to Kalman & Co. of
basis
of
about
a
price of 100.10,
1.97%.
Due
on
July 1, as follows: $2,000 in 1952;
$4,000 in 1953; $5,003 in 1954 and
1955, and $4,000 in. 1956.
Peeler,
A.
water
works
will
serial
and
be
the
bonds
the
choice of the Town Coun¬
If amortization bonds
sold
are
the
di¬
or
several
may
time
and
single bond
one
into
Council
of
bonds, as the
determine upon at
sale, both principal
interest
be
to
payable
in
semi-annual instalments during
period of 20
years
of
serial
issue.
If
a
from the date
bonds are is¬
sued and sold
they will be in the
$1,000 and $750, the
of
amount
sum
of $2,750 of said serial bonds
will
road
become
1950,
1—v.
170, p.
737—were awarded to Piper, Jaf¬
fray & Hopwood, and the AllisonWilliams Co., both of Minneapolis,
jointly. Dated July 1, 1949, Due
on July
1 from 1952 to 1963 in¬
and
a
day
same
until
all
payable on Sept. 1,
like amount on the
each year thereafter
such
of
bonds
paid.
are
The
bonds, whether amortization
or
serial, will be redeemable in
full, at the option of the Town on
any
clusive.
interest payment date on and
from the date of
after five years
issue
Swift County Com. School District
No. 17 (P. O. DeGraff), Minn.
Bond
Offering —H.
F.
for
1:30
p.m.
(CST)
Powell
on
bonds. Dated Sept. 1, 1949.
Denomination
$1,000.
Due
on
1,
and
on
the
subsequent
any
payment
rate
date.
of
Bidders
interest
to
name
interest, expressed in
a
suitable
bank
or
trust
com¬
designated by the purchaser.
check
the
to
Town
County Sch. Dist. No.
awarded
a
follows:
as
certified
A
payable
1
(P. O. Deer Lodge), Mont.
Bond Sale—The $245,000 school
bonds
offered
Sept.
16—were
pon
Sept.
thereof.
$2,750,
Clerk, is required.
Burk,
Clerk, will receive sealed
until
to
the
State,
price of par.
2V2S, at
as
1
,
,
NEBRASKA
Omaha
-
(P.
Public
O.
District
Power
Omaha),
Neb.
Bond Offering—Karl C.
Brown,
Secretary of the Board of Direc¬
tors, will receive sealed bids until
11
(CST)
a.m.
on
Oct. 5 for the
purchase of $5 000,000 not to
ceed 4%
1949
interest electric
coupon
bonds.
ex¬
revenue
Dated
Aug.
1, 1949. Denomination $1,000. Due
Feb. 1, as follows: $100,000 in 1951
to
&
in 1970, $270,000 in 1971, $280,000
in 1972. $285,000 in 1973, $290,000
in 1974, $300,000 in 1975, $305,000
approving opinion of Faegre
Benson of Minneapolis, will be
furnished without cost to the
pur¬
chaser. These bonds were author¬
ized at an election held on Aug.
15.
A
certified
check
for
$1,200,
payable to the District Treasurer,
is required.
Princi-
in
1968, $260,000 in 1969, $265,000
1976, $310,000 in 1977, $315,000
in 1978, and $320,000 in 1979. The
bonds
to
maturing in the years 1951
both inclusive, shall not
1954,
be redeemable in advance of
Stearns
and
Pope Counties Joint
Indep. Sch. Dist. No. 145 (P. O.
ma¬
turity. Said bonds maturing in the
years 1955 to 1979, both inclusive,
shall be redeemable at the option
$98,000 build¬
ing bonds offered Sept. 20—v. 170,
p.
1132—were awarded to the
of
Perham
or
Bond
.
15—v.
Paul, as 2s, at
choice
vided
Spring Hill (P. O. Route 1,
Regal), Minn.
sec¬
Kalman
price of
Kinney, Minn.
s
Sale —The
$20,000
Sept.
V.
receive
and issued the entire issue may be
high bid of 100.43 for 1.70a
was made by piper, Jaffray &
Hopv/ood. of Minneapolis.
Hopwood, of Minneapolis.
Brooten), Minn.
Bond
Mont.
—
will
interest
6%
put into
ond
100.01.
receive
(CST) on
Sept. 28 for the purchase of $90,000 building bonds. Dated Oct. 1,
1956
highest
Offering—Lester E. Ches-
sealed bids until 8 p.m.
1949.
olis, as 1.70s, at a price of 100.12,
basis of about 1.68%.
Dated
July 1, 1949. Due on Jan. 1 from
ond
County Indep. Sch. Dist.I
No. 23 (P. O. New Brighton),
The $60,000 street
a
to
previously
as
1029.
The
improvement bonds offered Sep*.
15—v. 170, p. 1029—were awarded
to J. M. Dain & Co. of Minneap¬
1951
Anoka
—
for
bonds
bonds
cil.
1 from 1950 to 1959 inclusive. Sec¬
pany
Sale
school
p.
Offering
second
the
any
Bond
Louis
bidders
Amortization
Minne-
price of 100.3131.
Keewatin, Minn.
St.
Dated Sept. 1, 1949.
first
170,
to
multiple of 1/10 or V4 of 1%.
Principal and interest payable at
the
Sept.
from
North¬
170,
Dated
as
Due
was
170,
v.
Clerk,
exceed
County (P. O.
Olivia), Minn.
Sale—The $240,000 drain¬
luth; First National Bank, St.
Paul, and First National Bank,
Minneapolis, jointly, for lV2s, at a
Corporation, of
1949.
highest bidder
Minnesota National Bank, Du¬
successful
Mo.
Blewer,
—
of
sealed
bids until 8 p.m. (MST) on Oct. 3
for the purchase of $55,000 not to
Renville
$3,000 from
1952 to 1968 inclusive, and
to
$9,000
Harris, Hall & Co., and the
in 1969.
All bonds maturing on
Milwaukee
Co.,
of
Milwaukee,
Sept. 1, 1964, and thereafter will
jointly, as IVzs, at a price of
be subject to redemption at
par
100.3132, a basis of about 1.43%.
and accrued
interest, in inverse
Dated Sept. 1, 1949. Due on Oct. 1
from 1950 to 1958 inclusive. The numerical order, on Sept. 1, 1963,
ern
1949.
v
:
Dist.,
Details
Glynn
Eureka,
Bond
Town
Sept. 27 for the purchase of $60,000 building and equipment cou¬
—
Or¬
MONTANA
Due
Oct. 1 from 1950 to 1959
New
system bonds.
bids
on Jan.
1, as follows: $4,000 from
(EST) on Sept. 26 1952 to 1956 inclusive, and $5,000
purchase of $175,000 re¬ from 1957 to 1970 inclusive. Prin¬
funding, series 3 coupon bonds. cipal and interest payable at any
bids until 8 p.m.
for
Bank
Sch.
$20,000
1%%
offered
Sept. 13,
pur-
District
Detroit,
cipal and interest payable at the
Manistee
wooPd>
and
on
State
was the only offer submitted for
a syndicate composed
Stranahan, Harris & Co., Inc., the issue.
Toledo; Welsh, Davis & Co,
Duluth, Minn.
Barcus, Kindred & Co., both of
Certificate Sale
The $519,000
Chicago; and Watiing, Lerchen &
sewage disposal revenue refund¬
Co., of Detroit, at a price of
ing 1949 certificates offered Sept.
100.02, a basis of about 2.96%, as 20—v.
170, p. 1029—were awarded
First of Michigan
O.
County Savings Bank, of Manis
tee, at 4% interest.
Notes
sold
improvement
Sept. 12 to the
of Cotton-
grading
bonds
of
1132.
p.
the
required
bonds
the
were
chaser by the village. A certified
check for 2% of the bonds, pay-
p.
&
of
of
H.
Note Sale—The $30,000 tax an¬
and mature
street
Empire
on
170,
inclusive.
Manistee
notes
Moody,
Paul, will be furnished to the
Minn.
Details—The $40,009"
Denomination
p.
1954
awarded
Sale
$4,000
bonds
ticipation
Cottonwood,
Bond
1949.
from
were
Bank, Minneap¬
olis, for 2V4s and 2.90s.
Pontiac), Mich.
Bond Sale—The $1,400,000 high
school
building
bonds
offered
Sept. 15—v. 170, p. 1029—were
Co., of Kalamazoo.
Dated Oct. 1, 1949. Due on Oct. 1
to
western National
in y.
revenue
&
1950
a5'iI°Si
*rom v?-? to 1962 inclusive. The t
second highest bidder was North-1
Twp., Twp. Sch. Dist.
(P. O. 1150 Scott Lake Road,
Waterford
Kalamazoo, Mich.
Sale—The $225,000 auto¬
parking
2rw
water
sewage system-rev¬
bonds
offered
Sept.
19—
375,000 as 2%s. Due
Bond
j
v. 170, p. 1131~were awarded to
Barcus, Kindred & Co., of Chi-
tion.
mobile
W.
170,
Sale
Heitner
apolis, as 1.40s, at a price of 100.023, a basis of about 1.393%.
Dated Oct. 1, 1949 and due on Dec.
and
3%s.
Harold
of
1964 to 1978 inclusive.
The bonds
Utica, Mich.
Sale—The $75,000
of
awarded to
April 1 from
on
1963 inclusive.
4s.
Can-
nofr'ftH
Ctnino
Rt
cago, as
Boston), Mich.
Bond Sale—The $90,000 water
supply system revenue bonds of¬
fered on Sept. 19—v. 170, p. 1131
—were
Miller
,
i
Township (P. O. Box 37,
New
bv
field, Paddock & Stone of Detroit.
the, date
1.937%,
approved
1/10 of 1%.
or
Arnold
Pattonville
Bond
St. Paul, and Briggs, Gilbert, Morton, Kyle & Macartney, of St.
fund
170, p. 1131—were awarded to
lows: $2&000 from 1950 to 1958 in¬
J. M. Dain & Co., of Minneapolis,
clusive, and $30,000 in 1959. Prin¬
cipal and interest payable at the
vSi aao
;y
Le- P
4
County Treasurer's office.
galitv
'
a
First
nil
&
v.
multiple of rtoted in
The approving
in
Equi¬
MISSOURI
1949.
manent
July 1, 1949.
May 1, as fol¬
noted in
I able to the Village Treasurer, is
mu„
on
expressed
Bond
Bond
Weil
Denomina¬
by the successful bidder.
Bidders to name the rate of inter¬
,
The
AugV 1,
Details—The
leans,
in the purchase of the
$750,000 industrial p^ant general
obligation bonds, for $75,000 as
3s; $185,000 as 2s; $280,000 as 2V4s,
and $210,000 as 2V4s, as
previously
nated
%
$120,000 as 4y2S, and
4s, at a price., of par,
Sale
Jackson, Max T. Allen Co.
Hazlehurst, and Harrington &
of Jackson, were associated
with
Principal
and interest payable at
any suit¬
able
banking institution desig¬
Sept
1, 1963, and on any subsequent in¬
terest payment date.
Bidders to
name
the
rate
of
interest, ex-!
pressed in a multiple of J/4 or 1/10
basis of about 3.91%.
Bonds
Dated
opinion
callable
be
Co.
of
Due $500 cn Feb. 1
from 1951 to 1964 inclusive.
p.m.
thereafter to
Sale—The
for
from
1
1964 inclusive.
1962
bonds.
the
Securities Corp., J. S. Love
tion $500.
will receive
1:30
of
numbers, at the premi$30 for each bonds so
sewer
to
County (P. O. Yazoo City),
Mississippi
Bond
1969
order
awarded
Co., of Jackson.
Co. of
there¬
date
inverse
Love
table
inclusive,
called.
7,000
An¬
$210,000 drain
bonds offered Sept.
15 were
awarded to H. V. Sattley & Co., of 1%. The approving opinion of
and McDonald-Moore & Co., both Faegre & Benson, of Minneapolis,
of
Detroit, jointly, as 4s, at a will be furnished without cost to
price of 100.14, a basis of about the purchaser. A certified check
3.73%. The second highest bidder for $600, payable, to
the Town
was the First of Michigan Corpo¬
Treasurer, is required.
a
1959 inclusive.
until
of
um
payment
S.
Yazoo
All bonds maturing
in
serial
bonds maturing Sept. 1, 1964, and
'
(P. O.
Sandusky), Mich,
ration,
1956.
80,000 l3/4s. Due
50,000
April 1, 1955
on
bids
J.
Feb,
after,
1132—were
p.
De¬
1966 to
Kosciusko, Miss.
i
Bond Sale—The $135,000 school
offered
Sept. 19—v. 170,
to
interest
$27,-
bonds
1, 1959, to be sub¬
redemption and pre¬
payment on said date and any
(CST)
on
Sept. 30 for the purchase of
$24,000 road bonds. Dated Sept. 1,
1949.
Denomination $1,000.
Due
on Sept. 1, as follows:
$1,000 from
1952 to 1961 inclusive, and $2,000
inclusive.
county Drain. Dist.
after
ject
O.
(P.
Jan.
Counties, Black River Inter-
Bond
Minn.
1965
:
.
inclusive; $2,000
to
of
MISSISSIPPI
bonds.
$3,000 from
inclusive.
bonds
Belgrade), Minn.
Offering—J. Alfred
Bond
1, 1949. The sec¬
bidder was Braun,
Co., Inc., for 114s,
price of
a
improvement
1959
1960
and
$30,000
Colfax,
from
Sept.
Bosworth
at
1
to
from
1
Details—The
improvement
-
on
1959
to
Jan:
inclusive.
sewer
bonds.
ond
improvement
on
1959
1951
years.
issue
works bonds has been
sold to the State Bank of Tower.
$1,000.
Due
on
follows: $1,000 from
Feb. 1, as
price of
a
Sold—An
water
—
water works,
59
Tower, Minn.
Bonds
000
nomination
by Kalman & Co., of
Minneapolis, as 2y4s as previous¬
ly noted in v. 170, p. 641, were
sold at a price of par.
price of 100.07,
st reef
two
and
sewer
basis of about 1.23%, as follows:
$196,000
5s, at
as
in
Offering
$33,000
purchased
Sanilac, St. Clair and Lapeer
1130—were awarded to
p.
the
at
LeRoy Strei,
Village Clerk, will receive sealed
bids until 1 p.m/ (CST) on Oct. 1
for the purchase of $40,000
coupon
bonds, divided as follows:
Cleveland, Minn.
$288,000
a
Due
Bond Sale
cial assessment, Series 1949 bonds
offered Sept. 19—v. 170, p. 1131—
were
awarded to Halsey, Stuart
a
Big Falls,
par.
Mich.
Bond. Sale—The
Bond Sale—The $150,000 coupon
building bonds offered Sept. 20—
Harriman
payable
the
Odessa, Minn.
Bond
been sold to the First State Bank
A
from
v.
interest
of
Village Treasurer.
The
second
highest .bidder was
J. M. Dain & Co., for
2y2S, at a
price of 100.21.
of
$3,500, payable to
Village Treasurer, is required.
the
Galesburg Rural Agricultural
School District,' Mich.
<
and
office
Bid¬
tified check for
Due
second
1967
the purchaser without cost.
yune 1 from 1951 to 1960 in¬
clusive.
1963 to
to
Corpora¬
1,
pal
company
Faegre & Benson, of Minne¬
apolis, will be furnished to the
interest, purchaser without cost. A certi¬
expressed in a multiple of y4 of fied check for $1,500, payable to
1%. Principal and interest paya- the District, is required,
able at the Detroit Trust Co., De¬
■'V
Big Falls, Minn.
•;
troit.
The approving opinion of
Bonds Soid—An issue of $6,000
Miller, Canfield, Paddock & Stone,
bonds has
of Detroit, will be furnished to liquor store building
tion, of Detroit, as 2 %s,- at a
price of 100.25, a basis of about
2.20%.
trust
or
(1239)
ion of
from
&
ing
bonds
offered
Sept.
13—
v.
170, p. 1028—were awarded to
bank
CHRONICLE
sive; $12,000 in 1962, and $15,000
Barcus, Kin¬
bid reflecting a
a
FINANCIAL
$5,000 from 1954 to 1957 inclusive;
$10,000 from 1958 to 1961 inclu¬
was
on
suitable
Denomination
on
&
designated by the.purchaser. Bid¬
ders to name the rate of interest,
expressed in a multiple of % or
1/10 of 1%. The approving opin¬
second
interest cost of about
Fentcn
1950
1, 1949.
Due
Nov. 1, as follows:
$7,000 from 1950 to 1953 inclusive;
ders
Bond Sale—The
$275,000 school
bonds offered
p.
Dated Oct.
$1,000.
COMMERCIAL
Sale—The
State
the
time
on
District,
or
in
whole
at
any
subsequent to Aug. 1,
1952, and in part at
any
time
on
subsequent to Aug. 1, 1950. Any
Bank, of Perham,
as
2J/4s, at a price of 100.01, a
basis of about 2.24%, to maturity.
Dated Sept. 1, 1949. Due on Sept.
turities.
1 from
(F-A) payable in New York, Chi¬
second
man
1952 to 1968 inclusive. The
highest
bidder
& Co., for 2.60s.
was
Kal¬
such
redemption in part shall be
made in the inverse order of ma¬
cago
or
Principal
and
interest
Omaha, at the option of
the holder. The approving opinion
CO
COMMERCIAL
THE
(1240)
highways, is scheduled to
cost
during
of Wood, King &
Dawson, of New
City, will be furnished by
the District. A certified check for
modern
York
open
the public late in 1951,
Paul L. Troast, Chairman of the
Jersey Turnpike Authority,
announced Sept. 20.
said
of con¬
period
the
struction.
payable to the
District Treasurer, is required.
CHRONICLE
FINANCIAL
&
2%
the bonds,
of
to
New
This
NEW
Penacook
HAMPSHIRE
on
of engineers who com¬
their preliminary engine¬
ering studies and presented their
final reports to the Authority in
the record time of 120 days. Cov¬
reports
School District
Union
opening date is based
(P. O. Concord), N. H.
Bond
Offering—Richard V A.
pleted
sealed
(EST)
building of the Turnpike,
Troast, will proceed at
The
receive
Mr.
6%
of
high speed in order to minimize
Due
paid during the
be
to
permit
construction period and to
the
production of revenues as
promptly as possible.
Early in
1950 it is contemplated that con¬
tracts will be let for all grading
for
to
not
road
11
the
a.m.
pur¬
exceed
improvement
bonds. Dated Oct. 1, 1949.
coupon
have
until
30
$48,000
interest
the amount of bond interest which
will
bids
Sept.
on
chase
Monday, September 26, 1949
Oct.
on
1,
follows:
$10,1953, and $8,000 in 1954. Principal and inter¬
est (A-O) payable at the County
Treasurer's office, or at the Un¬
ion County Trust Co., Elizabeth.
000
from
as
1950
to
Greenburgh, Greenville Fire Dist«
(P. O. Scarsdale), N. Y.
Bond Offering—W. W. Whipple,
District
Treasurer
will
receive
(EST)
purchase of $25,exceed 5% interest fire
sealed bids until 11:30 a.m.
Oct. 5 for the
on
000 not to
1949
truck
nomination
registered
or
coupon
Dated
bonds.
Sept.
$1,000.
1, 1949. De¬
Due on Sept.
1, as follows: $2,000 from 1950 to
Superintendent*of
Bidders to name the rate of in¬ 1954 inclusive, and $3,000 from
ering such essential data as routes,
Schools, will receive sealed bids
Bidders
operations
and
major
bridge terest, expressed in a multiple of 1955 to 1959 inclusive.
costs,
traffic
and
until noon (EST) on Sept. 27 for 1 construction
foundations. Major bridge super¬ 1/20 of 1%. The approving opin¬ to name the rate of interest, ex¬
[revenues
and
other
necessary
the
ion of Reed, Hoyt & Washburn,
purchase of $95,000 school
structure contracts will follow as
pressed in a multiple of Va or 1/10
facts, these reports also indicate
-coupon bonds. Dated Oct. 1, 1949.
well as contracts for overpasses, of New York City, will be fur¬
of
1%.
Principal and interest
Martin,
Due $5,000
Denomination $1,000.
inclu¬
Principal and interest pay¬
Oct, 1 from 1951 to 1969
on
sive.
Shawmut
National
the
at
able
Bidders to name
the rate of interest, expressed in
that
record
The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge of Boston,
multiple of Va of 1%.
will be furnished to the
purchaser.
will
1951,
construction
for
With these
of
a
mediate
be
taken
im¬
finance
the
have
to
steps
the sale of revenue
bonds to private investors. When
the bonds are sold, actual con¬
project
by
undertaken
be
will
Mr.
Troast.
Meanwhile
detailed engineering
Hachensack, N. J.
plans are in preparation.
Bond Offering—Ethel M. Hoyt,
The new Turnpike, which will
City Clerk, will receive sealed
be 118 miles long, will be the most
bids until 8 p.m. (EST) on Oct. 3
modern all-weather highway that
for the purchase of $152,000 not to
provement
im¬
general
interest
6%
exceed
registered
or
coupon
1, 1949. De¬
Due on Oct. 1,
as follows:
$16,000 from 1950 to
1954 inclusive; $17,000 in 1955; $8,Oct.
Dated
bonds.
nomination $1,000.
1956
from
000
inclusive;
1959
to
$6,000 from 1960 to 1962 inclusive,
and $1,000 from 1963 to 1967 in¬
Bidders to
clusive.
name
the rate
in a multiple
of 1/20 of 1%. Principal and in¬
terest (A-O) payable at the Peo¬
ples Trust Co. of Bergen County,
in
Hackensack.
The
approving
of interest, expressed
opinion of Reed, Hoyt & Wash¬
burn, of New York City, will be
furnished to the purchaser. A cer¬
tified check for $3,040, payable to
the city, is
required.
Sale—The $258,000 bonds
Co.,
Minsch, Monell & Co.,
York, jointly, as
and
of
New
1.70s, at
of
a
about
price of 100.19, a basis
1.67%, as follows:
^12,000 storm sewer bonds.
33,000 street improvement bonds.
98,000 improvement bonds.
24,000 street bonds.
91,000 park bonds .
Dated Oct. 1,
1,
1949. Due
Oct.
on
1950 to 1967 inclusive.
second highest bidder was
from
The
West Hudson National Bank,
Har¬
rison
at
for
$258,000
as
l%s,
a
supply
Hawthorne, N.J.
Grillo,
ceive
on
bids
V.
George
Clerk,
Borough
sealed
(EST)
—
will
until
8
re¬
p.m.
Oct. 5 for the purchase
of
$100,000 not to exceed 6% in¬
terest water coupon or registered
bonds.
Dated
Oct.
1, 1949. De¬
nomination $1,000. Due on Oct. 1,
as
follows: $6,000 from
1950 to
1954 inclusive,
and $7,000 from
1955 to 1964 inclusive.
Principal
and interest (A-O) payable at the
United States Trust Co., Paterson.
Bidders to
name
Troast. It will
traffic artery
rapid movement
traffic
throughout
express
an
the safe and
for
of
vehicular
the
length of the State in
ner
heretofore
a man¬
impossible
of
at¬
tainment.
Actually, there is
length
highway of
within ' the
United States to compare with the
no
equivalent
Turnpike in
new
its direct
nection with tremendous
trations
con¬
concen¬
of
people, buildings, in¬
dustries, wealth, commercial ac¬
tivity and highway traffic move¬
ments.
Starting
Deepwater,
at
N.
J.,
direct connection will be
a
Bridge
the rate of inter¬
est, expressed in a multiple of Vs
or
1/20 of 1%.
The approving
under
now
construction,
this. Turnpike will roughly par¬
allel the Delaware River, passing
close to the Philadelphia-Camden
thus
and
areas
trial
areas
ark.
From
serving the indus¬
of Elizabeth
there
it
and New¬
will
connect
with routes leading to the Holland
Lincoln
and
Tunnels,
the
and
George Washington Bridge, Access
throughout the full length of the
highway will be provided to cen¬
ters
of population
many
public roads
and industry.
leading to
now
the State's renowned seashore
sorts
to
which
traffic
are
re¬
volumes of
great
It will also
attracted
serve
each
the State's
rich farm lands in quicker trans¬
portation of the major part of
New Jersey's agricultural prod¬
ucts by truck to city markets in
New Jersey to the New York and
Philadelphia metropolitan
areas.
As
projected, the Turnpike will
provide direct connections to the
cities of
Wilmington, Philadelphia,
Camden,
Trenton, New Bruns¬
wick, Elizabeth, Newark, Jersey
City, Passaic, Paterson and all of
the many other communities in
the
State
New
as
well
as
to
those
in
York, Pennsylvania and Del¬
aware.
similar
struc¬
fied
will
the
to the
purchaser. A certi¬
for $960, payable to
County, is required.
check
Wallington, N.
Bond
dation construction. In the fail of
the
1950
major paving
contracts
will be let along with contracts
lor buildings, toll plazas, neces¬
sary equipment and small items.
The working season of 1951
be
devoted
will
primarly
to paving
operations, construction of bridge
superstructures and completion of
all minor structures, buildings and
$22,000 bonds
16—v. 170, p. 1030—
to
Boland, Saffin
York, as 2s, at a
price of 100.08, a basis of about
1.97%, as follows:
Co.
&
of
New
water
$9,000
meter bonds.
Oct.
on
from
1
1950
1954
to
bonds.
apparatus
5,000
Oct.
from
1
1950
Due
to
on
in¬
1954
clusive.
Due on Oct.
1957 inclusive.
8,000 water bonds.
1 from 1950 to
engineer's reports estimate
an
average of 9,910,000 ve¬
use
the Turnpike
each
years
of
in the first five
operation. The total revenue from
year
Oct. 1,
Dated
The second
1949.
highest bidder was Peoples Bank
and Trust Co., Passaic, for 2V2S,
at
price of 100.22.
a
the
Turnpike, including that from
concessions, for that five year
period averages $10,030,000 a year.
Under the Turnpike Act, the
Authority, in financing the proj¬
ect, is empowered to issue bonds
with maturities up to 35 years.
Based
.
earnings
over
the years, however, a bond
issue of $230,000,000, at a con¬
servative rate of interest, could
be entirely
repaid by 1975, or
within a period of 25 years. In
the
following 10 years, a very
considerable sum of earnings will
have
accumulated.
In their estimated
the
revenues
for
Turnpike, the engineers have
recommended
ule of
particular sched¬
a
ceive
Ofiering
bids
sealed
chase
Sept.
on
of
$951,000
interest
4%
istered
until
29
3:30
not
1949
p.m.
the
pur¬
for
exceed
to
coupon
bonds, divided
re¬
or
reg¬
follows:
as
tion
inclusive.
1959
to
Oct.
Dated
New
Jersey
River),
stated in
Oct. 1,
bonds
The
$1,000.
will
Bond Offering—James K. Allar-
dice, Clerk of the Board of Chosen
Freeholders, will receive sealed
bids until 11
a.m.
(EST)
on
Oct. 5
for the
purchase of $280,000 not to
6% interest general im¬
provement 1949 coupon or regis¬
tered bonds.
Dated Oct. 1, 1949.
Denomination $1,000. Due $40,000
exceed
on
follows:
as
office.
Bank,
name
the
at
Toms
the
First
River.
rate
of
National
Bidders
interest,
to
ex¬
pressed in a multiple of Vs or 1/20
1%. The approving opinion of
of
Caldwell,
Marshall,
Trimble
&
Mitchell, of New York City, will
be furnished. A certified check for
$5,600, payable to the county, is
required.
to
Bidders
the
name
rate
Va
approving opinion of Hawkins,
Delafield & Wood, of New York
City, will be furnished to the
purchaser without cost. A certi¬
fied check for $19,020, payable to
the City,
is required.
and
Callicoon
Liberty
Central
O.
N. Y.
$75,000 school
School District No. 3 (P.
Youngsville),
Metuchen Sch. Dist., N. J.
Bond Sale—The $240,000 school
bonds
offered
1133—were
p.
Van
Ingen
Sept.
20—v.
awarded
to
170,
B.
J.
& Co., of New York,
and
MacBride, Miller & Co., of
blewark, jointly, as 2.30s, at a
price of 100.15, a basis of about
2.28%.
on
Dated
July 1
clusive.
der
was
2.35s, at
July 1, 1949. Due
1950 to 1968 in¬
from
The
second
highest bid¬
Boland, Saffin & Co., for
a
price of 100.38.
Jersey Turnpike Commission
(P. O. Trenton), N. J.
$230,000,000
Highway
to
Be
.
Beady in 1951—New Jersey's hew
gingers, Will
en;-!
be the "last word" in;
engineering and
cost
of
this
con¬
v
Sale—The
Bond
to
Roosevelt
& Cross and Tilney
&
Co., both of New York, jointly,
2.20s, at a price of 100.44, a
basis of about 2.20%. Dated Sept.
as
1,
Due
1949.
1951 to 1969
on
March
inclusive.
1
from
The
sec¬
118-mile
been
set
aside
as
a
not
as
occur,
These
others which
reserve
may,
funds,
are
or
as
for
may
well
not required
immediately, will be invested by
the Authority for a short term to
yield an interest return and thus
offset, to some extent, the interest
to the purchaser.
A
certified check for $4,000, pay¬
able to the Board of
Education, is
required.
Union
Bond
Pierson,
County (P. O.
Elizabeth), N. J.
Offering — Arthur
County' Treasurer,
Y.
N.
—
Sanford
Wiri.
Montanye, Village Treasurer, will
receive sealed bids until 4; p.m.
(EST) on Oct. 3 for the purchase
not to exceed 2%% in¬
terest
water
system
and
fire
of $15,500
truck coupon or
registered bonds.
terest, expressed in a multiple of
1/10 of 1%. A certified check for
required.
Island Central
(EST)
chase
Offering
Bond
extension
Denomination
Oct.
from
1
Oct.
Dated
bonds.
tered
1,
1949.
$500. Due $500 on
1950 to 1957 inclu¬
Bidders to name the rate of
sive.
interest, expressed in a multiple
of Va or 1/10 of 1%.
Principal
and interest (A-O) payable at the
Treasurer. A
payable to
office of the Village
certified check for $80,
the Village,
is required.
Newark, N. Y.
Bond Offering—J. Arthur Dear,
receive
will
Treasurer,
Village
(EST) on
sealed bids until 1 p.m.
Sept. 28 for the purchase of $71,000
not to exceed 5%
interest
sewer
1949
or
coupon
registered
to
and
interest
—
1949
coupon
Richard
or
G.
registered
bonds. Dated Oct. 1, 1949. Denom¬
$1,000.
Due
on
Oct.
follows: $20,000 from 1950 to
inclusive,
and
$10,000
in
Principal and interest (A-O)
the
Marine
Buffalo. Bidders to
bonds/ Dated Sept. 1, 1949.
nomination
1,
as
Trust
name
1, as
1966
1967.
pay¬
Co., of
of
Due
payable
(M-S)
Bidders
on
Principal
inclusive.
Rochester
Newark.
rate
$1,000.
1964
Lincoln
Sept. 28 for the purchase of $350,not to
exceed 4% interest
at
Sept. 28 for the pur¬
4% water main
1949 coupon or regis¬
$4,000
Sch. Dist.
000
able
on
of
Island),
Buzby, District Clerk, will receive
sealed bids until 3 p.m. (EST) on
ination
Al-
M.
lendorph, Village Clerk, will re¬
ceive
sealed
bids until
2 p.m.
1954
.
No. 1 (P. O. Grand
New York
school
:
Nassau, N. Y.
Offering—Leroy
Bond
,
is
Village,
the
to
1953
highest bidder was C. J. Devine & Co., for 2.20s, at a price of
Grand
payable
$310,
De¬
Sept.
follows: $4,000 from 1950 to
inclusive, and $5,000 from
ond
100.33.
Oradell School District, N. /.
Bond Offering—John J. Eschenr
super-highway, including the cost bach, District Clerk, will receive
of acquired real estate for the sealed bids until 8 p.m. (EST) on
Oct. 4 for the purchase of $200,000
right-of-way, is placed at $183,not to exceed 6% interest school
925,000 by the engineers. To this
coupon or registered bonds. Dated
figure, for financing
purposes,
must be added several other items Oct. 1, 1949. Denomination $1,000.
Due $10,000 on Oct. 1 from 1950
such as a large allowance for con¬
to 1969 inclusive.
Principal and
tingencies, interest costs and fi¬
interest (A-O) payable at the of¬
nancing costs, administrative and
fice of the Custodian of School
legal costs,
and
repayment
of
Moneys. Bidders to name the rate
funds advanced by the State High¬
of interest, expressed in a multi¬
way
Department.
These
will
ple of Vs or 1/20 of 1%. The ap¬
bring the total financing required
proving opinion of Hawkins, Dela¬
to $230,000,000.
field & Wood, of New York City,
An amount of $22,075,000 has
will be furnished
contingencies which
Hew
Turhpike which; according to
The actual
struction
Offering
Bond
building 1949 bonds offered Sept.
15—v. 170, p. 1030—were awarded
■
opinion of Hawkins, Delafield &
Wood of New York City, will be
furnished
to the purchaser.
A
certified
check for $2,000, pay¬
able to the Borough, is required.
multiple of 1/100 of 1%> ; The
approving opinion of Reed, Hoyt
& Washburn of New York City,
will be furnished to the purchaser
a
and
1950,
expressed in a mul¬
or 1/10 of 1%.
The
tiple of
Principal and interest (A-O)
payable
in
$96,000
interest,
Oct. 1 from 1950 to 1956 inclu¬
sive.
mature
$95,000 from
of
*
on
of
,
1949. Denomina¬
1,
1951 to 1959 inclu¬
sive. Principal and interest (A-O)
payable at the City Treasurer's
'
Sept. 26 for the pur¬
$258,000 not to exceed
2% interest tax anticipation notes.
Dated Sept. 28,
1949.
Due on,
May 25, 1950. Bidders to name
the rate of interest, expressed in
(EST)
chase
sewer
calculated by the engineers to be
Ocean County (P. O. Toms
Village Clerk and Treasurer, will
receive sealed bids until 8:15 p.m.
Dated Oct. 15, 1949.
Denomina¬
bonds.
Due on
Due on
Oct. 1, as follows: $85,000 in tion $1,500 and $2,000.
1950
and
1951, and $80,000 Aug. 1, as follows: $1,500 from
1950 to 1954 inclusive, and $2,000
from 1952 to 1959 inclusive.
from 1955 to 1958 inclusive. Prin¬
141,000/swimming pool bonds.
Due
on
Oct.
1, as follows: cipal and interest (F-A) payable
at the Village Treasurer's office.
$11,000 in 1950; $10,000 in
Bidders to name the rate of in¬
1951, and $15,000 from 1952
$810,000
the final charges will be adequate
to produce the revenue which is
the project.
Mamaroneck, N. Y.
Offering—F. H. Bull, Jr.,
Note
E.
combination
necessary to finance
is
May field,
Everette
—
City Comptroller will
Allen,
toll
charges. This recom¬
mendation is being studied by the
Authority and, when agreed upon,
$500, payable to the District,
required.
for
Binghamton, N. Y.
(EST)
projected
on
Sykes, Heckler &
by the Village.
NEW YORK
Bond
Co.,
Trust
&
The approving opinion
Gallowa.y of New York City, will
be
furnished
to
the
purchaser
without cost.
A certified check
Due
inclusive.
The
hicles will
J.
The
—
awarded
were
permit the Turn¬
opening to traffic in No¬
vember, 1951.
that
Sale
offered Sept.
ether features to
pike's
Bank
Scarsdale.
Scarsdale
at the
payable
(M-S)
National
of Vandewater,
primarily to grading
drainage, and to major foun¬
*
.
nished
devoted
and
The Turnpike will connect with
year.
Offering
fullest
produce, said Mr.
tourist
price of 100.05.
Bond
advanced the¬
experience can
techniques,
and
made with the Delaware Memorial
offered Sept. 20—v. 170, p. 1030—
were awarded to White,
Weld &
both
latest
ories
where
Harrison, N. J.
Bond
added
promptly,
and
tures.
The working season of 1950
reports in hand, the
Commissioners
struction
NEW JERSEY
in
underpasses
establish a
opening
Turnpike
project of this size.
Bonk of Boston.
jt
the
November,
Trust
to
name
expressed
interest,
at
Co.,
the
in
a
multiple of Va or 1/10 of 1%.
The
approving opinion of Vandewater, Sykes, Heckler & Gal¬
loway of New York City, will be
furnished to the purchaser with¬
out
cost.
A
certified
check
for
$1,420, payable to the Village, is
required.
New Castle and Mount Pleasant
Cent.
Sch.
Dist.
No. 4
(P. O.
•*
the rate
Chappaqua), N. Y.
of interest, expressed in a mul¬
Bond Offering—Amy T. Page,
tiple of 1/ 10th of 1%. The approv¬ District Clerk, will receive sealed
ing opinion of Hawkins, Delafield bids until 11 a.m. (EST) on Sept.
& Wood, of New York City, will 27 for the purchase of $1,100,000
be
furnished
to
the
purchaser not to exceed 5% interest school
without cost..A certified check for
N.
will
1949
$7,000,
Dated Oct. 15,. 1949; .Denomination
payable to the District, is
required.
'
V
coupon
$1,000. Due
or
on
registered bonds.
Oct 15,
as
follows:
Volume 170
Number 4841
THE
$35,00<J in 1950 and 1951; $40,000
on
from 1952 to 1955
clusive.
inclusive;; $45,-
000 in
1956;; $50,000 from 1957 to
1967
inclusive; $45,000 in 1968;
$40,000 from 1969 to 1972 inclu¬
sive, and $35,000 in 1973 and 1974.
Principal and interest (A-O) pay¬
able
at
Bank.
r
the
interest,
of
Va
Chappaqua
Bidders to
or
in
expressed
1/10 of 1%.
National
the rate of
name
multiple
a
The approv¬
ing opinion of Vandewater, Sykes,
Galloway, of New York
City, will be furnished 10 the pur¬
Heckler &
Sept. 1 from 1950 to
der
The
&
of
kins,
Village
ceive
sealed
(EST)
on
Treasurer, will
bids
until
11
Sept. 30 for the purchase
of $9,000 not to exceed 5% interest
motor street sweeper 1949 coupon
or
registered bonds.
Dated Aug. 1,
1949.
Denomination
$1,800
on
CHRONICLE
at
These
bonds
bonds
been
author¬
were
ized at the election held
Bonds
$41,000
has
Aug. 9.
on
I, Bond Offering—F. W. Dummer,
City Auditor, will receive sealed
bids until 8 p.m. (CST) on Oct. 11
the
purchase
dam
and
Dec.
1,
of
reservoir
$5,500
bonds.
4%
Dated
payable to the
District,, is required.
inclusive.
$1,000.
Due
Aug. 1 from 1950 to 1954
Principal and interest
(F-A) payable at the Citizens Na¬
except one for $250. Due $250 in
New York City
tional Bank of Waverly, Waverly.
Bidders to the rate of interest, ex¬
2%
chaser, ; without cost.
check
A
certified
for $22,000,
Housing Authority,
New
York
Notes Sold—An issue of
$18,615,000 issue XLII notes, dated
Oct. 17, 1949 and due April
17,
1950, was awarded on Sept. 20—
v 170, p. 1133—as follows:
$2,420,000 purchased by Lehman
Brothers, New York, at 0.73%
interest, plus
premium
a
of
$24.20.
1,030,000
purchased
Saffin
0.76%
mium
1,000,000
by Boland,
New York, at
&
Co.,
interest, plus
of $16.75.'
purchased
Trust
Co.,
a
pre¬
by
Toledo
Toledo, at 0.77%
Williamson
and
0.77% interest.
&
Trust
Co., New York, as follows:
$1,000,000 at 0.77% interest,
plus a premium of $25, and
$1,000,000 at 0.79% interest,
plus a premium of $25.
10,165,000 purchased by Salo¬
mon
Bros. & Hutzler, New
York, as follows: $2,000,000
at 0.79% interest, plus a pre¬
mium of $23; $5,000,000 at
0.80%, plus a premium of $46,
and $3,165,000 at
0.81%, plus
a premium of $51.91.
and
$60,000
inclusive.
1966
from
Bidders
1960
to
to
(EST)
p.m.
30 for the purchase of
on Sept.
$240,000 not
for
1958
and
from
000
1950
from
1953
to
1954
from
inclusive, $11,1958 inclusive,
to
1959
1962
to
inclu¬
$15,000
in
1968
Chase
City.
National
Bank, New
Bidders to
interest, expressed
of Va or 1/10 of 1%.
in a multiple
The approv¬
$22,000, payable to the
is required.
Sept. 23 for the pur¬
$290,000 not to exceed
5% interest building 1949 coupon
or
registered bonds. Dated Sept.
1, 1949. Denomination $1,000. Due
on Dec. 1, as follows: $15,000 from
1950 to 1967 inclusive and $20,000 in 1968. Principal and inter¬
on
check
for
is
$4,800
(J-D) payable at the United
States Trust Co., of New York.
Bidders
terest,
of Va
or
to
name
the rate of
in¬
expressed in a multiple
1/10 of 1%. The approv¬
ing opinion of Vandewater, Sykes,
Heckler
&
Galloway,
of New
York
the
City, will be furnished
purchaser without cost.
certified
check
for
$5,800,
able to the District, is
to
A
pay¬
required.
Ravena, N. Y.
Bond
1949
Sale—The
bonds
$135,000 water
14—
offered Sept.
170, p. 1030—were awarded to
E. H. Rollins & Sons, of New
v.
York, and the Marine Trust Co.,
of Buffalo, jointly, as 2.10s, at a
price of 100.35, a basis of about
2.06%. Dated Sept. 1, 1949. Due
except
A
1975.
and
certified
$300
check
in
for
Dated Sept. 1, 1949. Bidders to
the rate of interest, ex¬
mutliple of Va of 1%.
a
Not
Bonds
Sold
—
The
approving opinion
of
Peck, Shaffer & Williams of
Cincinnati, will be furnished to
dated
are
Oct.
1,
Norwood
Bond
City
The
Sch.
Offering
—
Dist.,
Denomination
Sept.
1,
Bond
follows:
as
Offering
—
Robert
Kent,
Note Offering
one
for $500.
Due
Bidders to
name
the
of
check
for
$470, payable
Village, is required.
to
the
Bear
receive
(EST)
noon
on
Oct. 6 for the purchase of $250,000
6 % street
improvement/ Series No.
1, 1949. De¬
Emma
office. Bidders to
the rate of
name
interest, expressed in a multiple
of 1%. The approving opin¬
of Va
ion of Squire,
Sanders & Dempsey, of Cleveland, will be fur¬
nished to the purchaser. A certi¬
fied check for 1 % of the notes,
payable to the City Treasurer, is
required.
20—v.
170,
1031—were award¬
p.
Inc., for 2%s, at a price of 100.01.
Jerusalem Local Sch. Dist.
(P. O.
Ohio
R. F. D. No. 1, Curtice),
Bond
Clerk
will
Offering
—
Otto
of the
Board of
receive
sealed
Klaege,
Education,
until
bids
Dated Oct. 1,
$1,000.
Due
Denomination
p.
210,000
from
435,000
as
the
for
$750,000
2%
building bonds.
Dated Nov. 1,
1949.
Denomination $1,000.
Due
$16,000 on May 1 and $17,000 on
Nov.
1
sive.
Bidders to
from
1965
to
inclu¬
1973
name
the rate of
interest, expressed in a multiple
of Va of 1%. Principal and inter¬
est
(M-N) payable at the Nor¬
of
Park
Bank
&
Trust
The
Norwood.
approving
opinion of Peck, Shaffer & Wil¬
liams of Cincinnati, will be fur¬
nished to the purchaser at his own
expense. A certified check for 3%
of the bonds, payable to the Board
l3/4s.
Due
on
eral
April 1
as
2lks.
Due
on
April 1
from 1964 to 1974 inclusive.
225,000
from
as
2s.
1975
Due
to
on
April
1979 inclusive.
Dated Oct. 1, 1949.
Oct.
1,
1949.
1
Dec.
1
from
and
OKLAHOMA
Alva, Okla.
Sale—The $130,000 water
offered Sept. 20—v.
Bond
p.
National
Bank,
of
Alva>
bid reflecting a net interest
cost of about 1.60%.
The second
on
a
highest
bidder
First
was
Securi¬
ties of
Kansas, Inc., Wichita, and
City National- Bank & Trust Co.,
Kansas City, jointly, on a bid re¬
flecting a net interest cost of
about
1.60%.
Caddo
County Indep. Sch. Dist.
(P. O. Hydro), Okla.
Bond Sale—The $60,000 build¬
ing bonds offered Sept. 20—v. 170,
No.
1
1031
p.
awarded
were
—
First National Bank of
to
the
Hydro, at
price of par, a net interest cost
basis of about 1.375%, as follows:
a
50,000
1V2S.
Due
from
1953
to
1957 inclusive.
yer,
created by
was
the 1949 Ohio
islation
permit
sought
the
its
enactment
of revenue
highway fa¬
cilities, estimated to cost $200,000,000, which would run approx¬
imately ! 234 miles, from about
Petersburg (eight miles south of
Youngstowrt)
across
Ohio, just
to
bonds
south
Cleveland
and
Toledo.
vania Turnpike when the latter
extended to the Ohio line.
Murray Seasongood,
attorney.
The commission
up
decided to set
temporary offices
ters of the State
Messrs.
ment.
Kauer
were
prepare a
Cincinnati
in the
a
election
on
Nov.
8,
in
amount of $160,000.
the
committee to
draft of rules and regu¬
15
mann
&
were
awarded
Co., of Cincinnati,
as
in 1970.
92,000 park improvement bonds.
Due $5,000 from 1952 to I960
inclusive, and $2,000 in 1970.
These bonds
authorized at
were
the election held
Aug. 23.
on
A
certified check for 2% of the bid
is required.
■;—/:' -/ :■/
Roosevelt, Okla.
Bond
tary
170,
the
$50,000 sani¬
bonds
sewer
19—v.
to
Sale—The
offered Sept.
1134—were awarded
p.
First
National
Bank
Trust Co. of Oklahoma
bid
reflecting
City, on a
net interest cost
a
of about 2.96%.
1968
Due from 1952 to
inclusive.
est bidder
The
second
high¬
First Securities Cov
was
of
Kansas, Wichita, on a bid
flecting a net interest cost
re¬
oT
about 2.87%.
'
Bond
Town
bids
Spiro, Okla.
Offering—Ree
Clerk,
until
will
V.
Smith,.
receive
sealed
2:30
p.m.
(CST) oa
Sept. 29 for the purchase of $67,-
ations.
000
Bond
Welsch,
Offering
—
Emerson
M.
will re¬
ceive sealed bids until noon (EST)
on Oct. 1 for the purchase of $8,000
not
Village
to
Clerk,
exceed
4%
fire
000 in
2%
certified
1968. A
of
bonds
the
(These
bonds
scheduled for
were
sale
Dated June 1, 1949.
Ohio
Wid- $93,397.31 street improvement spe¬
cial assessment bonds. Due on
3J/4s,
Stephens
on
Carter
and
Velma Alma
check for
is /required.
truck
and fire fighting
Tallmadge,
sanitary sewer bonds. Due on.
1, as follows: $4,000 from
1952 to 1967 inclusive, and $3,-
Oct.
Port Washington, Ohio
Bond Sale—The
to
' improvement
$7,000 from 1952
inclusive, and $6,900
Due
1969
lations for the commission's oper¬
$97,807.31 bonds
Mount Pleasant, Ohio
offered Sept. 17—v. 169, p. 2695—
Bond Sale
The $20,000 water were awarded to Ryan, Suther¬
works improvement bonds offered land & Co., of Toledo, as follows:
Sept.
interest
6%
follows:
as
quar¬
Highway Depart¬
Shocknessy and
named
exceed
sewage
bonds.
to
is
L.
to
$132,900
toll
superhighway
would connect with the Pennsyl¬
O.
not
bonds, divided
issuance
build
of
900
to
—
1
Dated
June
1951 to 1975 inclusive.
$10,000 iy4s. Due in 1952.
Turnpike Commission (P. O.
Columbus), Ohio
Officer Appointed — James W.
submitted to the voters at the gen¬
1957 to 1963 inclusive.
1.91%.
on
1134—were awarded to the
13
equipment bonds.
Denomination
$500, except one for $1,000. Due
series A bonds
on Ddc.
1, as follows: $500 from
Bonds Not Sold —The $120,000
offered Sept. 20—v. 170, p. 1134
1951 to 1964 inclusive, and $1,000
—were
awarded to Alex. Brown improvement bonds offered June
in 1965. Bidders to name the rate
& Sons of Baltimore, at a price 28—v. 169, p. 2695—were not sold,
of interest, expressed in a multiple
of par, a basis of about 2.66% as because of an error made in the
advertising of the election held on of Va of 1%. A certified check for
follows:
Feb. 15. The bonds are being re¬ $100, payable to the village, is re¬
$130,000 as 33As. Due on April 1
quired.
—
from 1952 to 1956 inclusive.
a
about
170,
Oct.
on
Teagarden, Oak Harbor
Co., of Cin¬ banker, was named Vice-Chaircinnati, as 2Vas, jt a price of mari of the commission, and State
100.08, a basis of about 2.21%.
Highway Director, T. J. Kauer
Dated
Sept.
1,
1949.
Due
on was elected
Secretary-Treasurer.
Sept. 1, 1951. The second highest Other commission members are J.
bidder was Doll & Isphording,
Gordon McKay, of Cleveland, and
Oct. 1, as follows: $9,000 from
1950 to 1964 inclusive, and $8,000
bonds
Irving Co.,
and
Fox,
Co., all of Cincinnati, as
price of 100.92, a basis of
Central
(EST)
purchase
of
noon
ed to J. A. White &
$7,700
6%
offered Sept. 17 from 1965 to 1969 inclusive. Bid¬
934—were awarded to ders to name a rate of
interest, ex¬
William C. Chuppell of Belvipressed in a multiple of Va of 1%.
dere, at a price of par.
A certified check for $1,750, pay¬
Robeson County (P. O,
able to the Board of Education, is
Lumberton), N. C,
required.
Bond
Sale
The
$1,000,000
Mogadore Local Sch. Dist., Ohio
school building,
drainage
170,
—v.
&
Reusch &
blut, Clerk of the Board of Edu¬
cation, will receive sealed bids
The proposed
Ironton, Ohio
1949.
Sale —The
Roth
until
on
Bond
Miller & Co., both of
Cleveland;
Ryan, Sutherland & Co., of Toledo;
Provident Savings Bank & Trust
Co., Doll & Isphording, Inc., Weil
bonds
Principal and Interest (M-N) Legislature to build toll highways
payable at the City Treasurer's, in the State. Advocates of the leg¬
equipment bonds.
Swamp Drain. Dist. (P. O.
City), N. C.
Sale—The $1,950,000 storm
offered Sept.
16—
works
1951.
(EST) on Oct. 6, for the pur¬
chase of $175,000 3 °!p building and
Elisabeth
July 1, 1949.
Ohio
sion
will
Clerk,
until
noon
NORTH CAROLINA
Due
1954
to
nomination $5,000. Due on May 1,
bids
or
$1,000, except
1950
99 notes. Dated Nov.
City
parking area
Note Sale—The $93,500 street
registered bonds.
Oct. 1, 1949. Denomination improvement notes offered Sept.
coupon
from
Dated
Midwest City,
Okla.
Shocknessy, a Columbus law¬
Bond
Offering—F. B. Foster,
was
elected
Chairman of
City Clerk, will receive sealed
the Ohio Turnpike
Commission
bids until 7:30 p.m.
(CST) on
at its recent organization meeting.
The
new
five-member commis¬ Sept. 30 for the purchase of $224,-
Cain,
sealed
to exceed 4% interest
1949
Agnes Brown,
—
in¬
v. 170, p. 1031—were awarded to a
syndicate composed of Braun, Bosworth & Co., Inc., Toledo; McDon¬
ald & Co., of Cleveland; Stranahan, Harris & Co., Inc., of Toledo;
Fahey,
Clark
&
Co.,
Hayden,
Ohio
Jung-
Ohio
1949.
1953
bonds
the successful bidder without cost.
Columbus, Ohio
Bonds
Bond
sewer
Due
any
1
Warren.
2s, at
on
Dec.
on
inclusive.
interest.
Co.
name
pressed in
numerical
or
wood-Hyde
$123 is required.
re¬
of
est
inclusive,
and
not sold.
certified
interest, expressed in a
Oyster Bay Con. Sch. Dist, No, 18 multiple of Vt or 1/10 of 1 %. The
(P. O. R. F. D. No, 2
approving opinion of Hawkins,
Hicksville), N. Y,
Delafield & Wood, of New York
Bond
Offering—Mrs. Jean D. City, will be furnished to the
pur¬
Briggs, District Clerk, will re¬ chaser without cost. A certified
p.m.
1974
quired.
rate
3
$500,
for $300. Due on Sept. 1,
follows: $500 from 1951 to
one
as
on
1, 1966, are callable as
in part in their in¬
or
$12,300
ing opinion of Reed, Hoyt &
4% street improvement bonds of¬
Washburn, of New York City, will fered
May 2—v. 169, p. 1934—were of Education, is required.
be furnished to the purchaser. A
Park Bank.
certified
Denomination
York
the rate of
name
certified
is required.
12,300 street improvement bonds.
1969.
and
A
1959.
check for $175
Principal and interest (A-O) pay¬
able at the Central Trust Co., of
Rochester, Williamson, or at the
County,
(DST)
follows: $2,000 from 1951 to
inclusive, and $1,500 in
check for
chase
$1,000, except one
on • Sept.
1,
Due
1957
Oct. 1, as follows: $3,500 in
1950, and $5,000 from 1951 to 1954
inclusive.
Principal and interest
(A-O) payable at the Williston
until
De¬
as
Denomination $1,000.
Oct. 1, as follows: $10,000
on
bids
bonds.
Oct. 1, 1949.
&
Galloway, of New York
City, will be furnished to the pur¬
ler
sealed
$500.
Bonds maturing
whole
to
follows:
as
assessment
nomination
Dated
ceive
cial
5% interest school 1949
Co., of Utica. The approving opin¬
ion of Vandewater, Sykes, Heck¬
A
bonds, divided
registered bonds. Dated
bids until 3:30 p.m. (EST) on Sept.
29 for the purchase of $23,500 not
cost.
Charles Shep-
—
bids until noon (EST) on
Oct. 6 for the purchase of $29,800
coupon or
Village Clerk, will receive sealed
multiple of Va or 1/10 of 1%.
Principal and interest (J-D) pay¬
able at the First Bank & Trust
without
Ohio
Grove,
Offering
to exceed
on
$500 in 1978 and 1979, and $1,000
1980.
1950
4,500 fire apparatus bonds.
order on Dec. 1,
interest payment
date thereafter at par and accrued
4%
2
1965, $500 in 1966 and
1967, $1,000 in 1968, $500 .in 1969
and 1970, $1,000 in 1971, $500 in
in 1972 and 1973, $1,000 in 1974,
$500 in 1975 to 1976, 1,000 in 1977,
1965,
$17,500 street improvement, spe¬
until
$1,000 in
in
from
1
61
clusive.
in 1959, $500 in 1960 and 1961, $1,000 in 1962, $500 in 1963 and 1964,
verse
bids
name
a
chaser
Coal
Dec.
of
basis
a
Sept. 1, 1949.
Denomination
$500. Due Dec. 1, as follows: $500
in 1951 and 1952, $1,000 in 1953,
$500 in 1954 and 1955, $1,000 in
after Dec.
sealed
Y.
expressed in
the rate of interest,
for
Offering—Otto Ver How,
District Clerk, will receive sealed
.
1959,
check
required.
pard, Village Clerk, will receive
$1,000.
Due
on
$10,000 from
to
1953
Oneida County (P. O. Utica), N. Y. 1950
inclusive; $11,000
from 1954 to 1958 inclusive; $12,Bond Offering—John H. Heid000 from 1959 to 1962 inclusive;
errich, County Comptroller, will
receive sealed bids until 11 a.m. $13,000 in 1963 to 1965 inclusive;
$14,000 in
1966 and
1967, and
(EST) on Sept. 29 for the pur¬
Prin¬
chase of $1,100,000 not to exceed $15,000 in 1968 and 1969.
cipal and interest (M-S) payable
5% interest airport 1949 coupon
at the Chase National Bank, New
or registered bonds. Dated June 1,
York City. Legality approved by
1949. Denomination $1,000.
Due
Reed, Hoyt & Washburn, of New
on Dec. 1, as follows:
$60,000 from
York City.
v^v
1949 to 1955 inclusive; $75,000 in
Williston Park, N. Y.
1956 and 1957; $55,000 in 1958 and
>
1966
OHIO
Bond
Bond
and
3,000,000 purchased by the Cen¬
Bank
is
100.56,
dated
Interest (J-D).
a
Cent.
School District No. 2 (P. O,
Williamson), N
certified
bid
1/10
or
Marion
A
the
payable to the Village, is required.
$12,000
Hanover
of
A certified check for $100,
purchased by Girard
sive, $13,000 from 1963 to 1965 in¬
Co., Philadelphia, at
clusive, $14,000 iri 1966 and 1967,
Trust
tral
multiple of Va
a
1951, and $350 from 1952 to
Due
interest.
1,000,000
pressed in
of 1%.
1949. Denomination $350,
inclusive.
of
are
1956, $500 in 1957 and 1958, $1,000
Sykeston, N. Dak.
for
price
a
(1241)
about 3.20%.
Dist., N. Dak.
addition
re¬
a.m.
Sch.
Bonds Sold—An issue of
sold.
Wat-
FINANCIAL
NORTH DAKOTA
school
100.42.
&
Beulah
&
Waverly, N. Y.
Offering—John W.
Bond
in¬
bid¬
Cross, and
jointly, for 2.20s,
Co.,
price
a
1976
highest
Roosevelt
was
Tilney
at
second
COMMERCIAL
originally9.)
Aug.
Counties,
Indep. Sch. Dist.
Velma), Okla.
No. IS (P. O.
Bond
Offering—S. M. Van De-
venter, Superintendent of Schools,
will
sealed
receive
2 p.m.
(CST)
purchase
of
bonds.
on
$88,000
These bonds
ized at the election
Washington
Sch.
until
building
were
on
author¬
Sept. 9.
County Independent
No. 7 (P. O.
Dist.
Dewey),
Bond
bids
Sept. 26 fOr the
Sale—The
Okla.
$60,000 build¬
ing, site and repair bonds offered
Sept. 14—v. 170, p. 1031—were
awarded
to
the
First National
62
THE
(1242)
of Dewey, at a price
basis of about 1.66%,
Bank,
par,
a
follows:
$30,000
variation
Vks. Due from 1952 to
as
30,000
as
•
inclusive.
1956
13/4S. Due from 1957 to
as
OREGON
No. 52
County Sch. Dist.
(P. O. 1000 Bethel Drive,
Ore.
Bond Sale—The $16'j,000 school
bonds offered
Sept. 15—v. 170,
p. 935—were awarded to the First
National Bank, of Portland, at a
price of 100.03, a bas.s of about
1.15%, as follows:
Eugene),
$130,000
35,000
Due on March 15
2%s
as
from
1951
inclusive.
1963
to
13/4S. Due on March 15
as
equal
of
as
be,
may
much
so
Portland,
on
after
or
July
1,
ma¬
for $50,000 as 3s;
and
$70,000 as 2'/2s,
$45,000 as 2%s, at a price of
par.
5s.
as
Oct. 1 in
Due on
Due on Oct.
40,000 as 2*4s.
1
from 1953 to 1956 inclusive.
as 2%s,
from 1957 to
42,000
Oct.
Due on
1
1960 inclusive.
Dated Oct. 1, 1949.
check
fied
for
3%
the
of
par
the District, is
value, payable to
required.
Bonds and
—Will
obligation
general
Sept. 9
v.
—
not sold
were
—
all bids received were
as
rejected.
:
Malheur County Sch. Dist. No. 61
(P. O. Adrian), Ore.
Bond Offering
Lawrence L.
Kreager, Chairman School Board,
will
receive
sealed
until
bids
8 p.m. (EST) on Sept. 26 for the
purchase of $52,000 not to exceed
4%
interest
school
bonds.
Dated
Oct. 1,
1949. Denomination $1,000.
April 1, as follows: $3,000 from 1951 to 1966 inclusive,
cost
of
about
Certificate
Commerce,, Seattle, on a bid
a
net interest cost
re¬
11
PENNSYLVANIA
Sept.
on
Bradford,
a.m.
for the pur¬
chase of $75,000 4% public utility
(PST)
29
interest paying date, on and
15, 1954. Principal and
interest
(A-O)
payable at the
City Treasurer's office. A certi¬
fied check for 2% of the certifi¬
any
cates, payable to the City, is re¬
quired.
Sale
Bond
of
2.49%.
Offering
until
bids
sealed
National
Pa.
Bond Sale—The $60,000 coupon
improvement
Sept. 21
offered
1134
p.
on
were
—
Harriman
to
Ripley &
l'/4S, at a price of
basis of about 1.13%.
Co.,
Inc.,
100.409, a
Dated
170,
v.
—
awarded
bonds
as
Oct.
1,
1949
and
due
on
Oct. 1 from 1950 to 1955 inclusive.
Second
high
bid
of
100.196
for
1V4S
was made by E. H. Rollins
Sons, Inc., Philadelphia.
&
Carroll
Sch. Dist.
Twp.
O.
(P.
D. No.
R.
1, Monongahela),
Pennsylvania
Bond
$35,000 school
Sept. 15—v. 170, p.
awarded
to
the
First
National Bank of Monongahela.
Details—The
approving opinion of Burgwin, Churchill, Ruffin & Hazlett,
Pittsburgh, will be furnished to
the purchaser by the city. A cer¬
tified check for
the
East
obligation water system
bonds purchased by the Commer¬
cial Bank,, of Tillamook, as 4'/2s,
as
previously noted in v. 170, p.
642, were sold at a price of par.
Deer
Twp. (P. O.
Creighton), Pa.
Offering—Charles L.
Bond
D.
tem, series A bonds. Dated July 1,
1949.
Denomination $1,000.
Due
Lyons, Secretary of the Board of
Directors,
will
receive
School
on
on
receive
sealed
bids
until
8
p.m.
A
certified
check for
2%
the
of
value of the bonds, payable to
the city, is required.
Oct. 10 for the purchase
of $65,000 school bonds.
Dated
Oct. 1, 1949.
Denomination $1,000.
Due on Oct. 1, as follows:
$6,000 in 1951 and 1952; $7,000
from 1953 to 1955 inclusive, and
par
$8,000
sold at
(PST)
sive.
able
on
from
1956
to
1959
inclu¬
Principal and interest
at
office
the
Treasurer
of
of
the
Multnomah
pay¬
County
County.
The
approving opinion of Winfree, McCulloch, Shuler & Sayre
of Portland, will be furnished to
the purchaser.
for 5% of the
Northern
*
Wasco County
Peoples
Utility District (P. O.
The Dalles), Ore.
Bond
son,
bids
Offering—Roy
I. John¬
Secretary, will receive sealed
until
5
Portland), Ore.
Bond Sale—The $75,000 drain¬
age
bonds
offered
3s.
as
3V4S.
as
:
'"W* r
-
-
' •/:/'-/
•
Washington
revenue
Dated
nomination
fund
July
$1000.
commencing
Series
1949
1, 1949.
De¬
Due serially
July
1,
1953, and
ending July lr. 1979, in such an¬
nual
bined
installments
total
of
that
the
principal
com¬
and
in¬
terest becoming due on July 1, of
each
est
said
years
becoming due
plus
on
the inter¬
the respec¬
tive preceding January
1, will be
Due
Sept.
15
Sept.
on
a"'*:
:
'Y*V
County
Oregon
Bond Offering —
Henderson, District
1
.•
.
Dist.
Home),
Mrs.
D.
Clerk,
on
of
Sept. 29 for the pur¬
$25,000
improvement
coupon bonds.
Dated Oct. 1, 1949.
Denomination $1,000. Due $1,000
on
Oct. 1 from 1951
sive.
W.
will
(PST) on Sept. 30 for the pur¬
chase of $56,000 not to exceed 6%
school bonds. Dated Oct.
to 1975 inclu¬
Bonds
Oct.
1,
whole
maturing on or after
1951, shall be callable in
or
in part, in the inverse
numerical
order
of
maturity, at
option of the District, at par
the
and accrued interest on said date,
on
interest
any
Bidders
thereafter.
•■
Sch.
(EST)
chase
or
receive sealed bids until 7:30
p.m.
rate
of
paying
to
.
date
the
name
interest,
expressed in a
of 1%.
The ap¬
multiple of Vs
proving opinion of K. F. Ralph
Rochow, of York, will be fur¬
nished to the purchaser without
cost.
the
A certified check for 2%
of
bonds, payable to the District
Treasurer, is required.
*
interest
1, 1949.
Due
inclusive,
bonds.
follows:
as
on
No. 92 (P. O. Garden
lows:
electric
were
from 1961 to 1978 inclusive.
to exceed 6% interest second
lien
Due
29
from 1951 to 1960 inclusive.
58,000
(PST) on Oct.
18 for the purchase of $50,000 not
p.m.
Aug.
price of 96.50,
a
$17,000
A certified check
bonds, payable to
the District, is required, y
-
Sauvie Island Drain. Dist. (P. O.
p.m.
$6,000
April 1,
on
from
and
1951
$8,000
as
to
able
at
the
Treasurer,
of
the
The
office
or
State
of
in
the
fol¬
1958
1959.
Principal and interest (A-O)
pay¬
County
at the fiscal agency
in
approving
New
York
opinion
of
Meadville,
City.
Win-
Bond Offering—G.
well,
City
Clerk,
delphia to the Ohio line,
2.69%.
the
* the
right
1, 1950, and
purchaser.
A
certified
for $1,000 is
required.
check
on
or
to: call* said
in part on Oct.
April and Oct. 1,
in any year thereafter.
name
the
pressed in
rate
a
of
Bidders to
interest,
ex¬
multiple of % of 1%.
tance
of
divided
Barber,
ceive sealed
(EST)
of
R.
State Treasurer, will
bids
until
re¬
12:30 p.m.
Oct. 4 for the purchase
not to exceed 4%
on
$8,500,000
interest,
Series
D
bonds.
Dated Oct. 1, 1949. Denomination
$1,000. Due on Oct 1, as follows:
coupon
$850,000 in 1950; $650,000 in 1951
and 1952; $700,000 from 1953 to
1957
inclusive; $750,000 from 1958
to 1960 inclusive, and $600,000 in
1961.
Principle
and
interest
(A-O) payable at the Philadel¬
phia National Bank, of Phila¬
delphia, Loan and Transfer Agent
,
of
the
to
Commonwealth.
the
name
pressed
Vs
in
Bidders
of interest, ex¬
multiple of 1/20 or
rate
a
1%. The approving opinion
Saul, Ewing, Remick & Saul,
of Philadelphia, will be furnished
of
of
to the
purchaser without cost.
check
able
the
to
for $170,000,
A
pay¬
Commonwealth,
is
required.
Pennsylvania
(P.
O.
Tunpike Commission
Harrisburg), Pa.
firms headed by Drexel &
Co., B. J. Van Inven & Co., Inc.,
Blyth & Co., Inc., and The First
Boston Corporation is expected to
place on the market next Tuesday
(Sept. 27) a new issue of $77,500,000 Pennsylvania Turnpike Com¬
ment
mission
revenue
327
tunnels
to two
crossings
out.
of
It
to
dis¬
a
four-lane
through
where
stop-lights
estimated
it
nar¬
through¬
that
vehicles
kinds
will be able to
between four and nine hours
save
traveling this distance
with the
pared
free
of
use
as
com¬
competing
highways. The toll for
senger
cent
cars
pas¬
approximates
one
mile. Tolls for other types
vehicles
depend upon their
of
a
weight and size.
Last
year Pennsylvania Turn¬
Commission sold through a
pike
similar
banking
000 revenue
$134,000,-
group
refunding and exten¬
sion
bonds, consisting of $87,000,bonds, due June 1,
1988, for the construction of the
Philadelphia Extension, and $47,000,000 214% serial bonds, pro¬
000 31/4% term
ceeds of which
redeem
to
are
December
on
be used
to
1,
1951, at
104% and interest the $45,088,000
of 2Va% bonds which were issued
in
1946.
tion
Thus,
of
the
the comple¬
upon
present
$77,500,000
financing, and redemption of the
$45,086,000
2!&s,
the
Turnpike
Commission
ing
will
have
outstand¬
total of $211,500,000 of
a
rev¬
bonds.
enue
The present turnpike,
from just outside
extending
Harriiburg, Pa.,
just outside Pittsburgh—a dis¬
to
tance of 160 miles—was
cpen fur
traffic
in
October, 1940. Total
operating
income
months
ended
amounted
bonds.
of
lanes, without grade
or
is
various
in
miles
highway except
seven
rows
Pennsylvania (State of)
Bond
Offering — Charles
Constituting one of the largest
pieces of revenue financing to be
to
for
512
the
July
31,
1949
$6,501,038.
Richland Twp. Sch. Dist.
(P. O.
l
Johnstown), Pa..
the forth¬
Bond Sale —The $210,000 im¬
coming issue will be the third ma¬
provement bonds offered Sept. 15
jor public financing operation to —v.
170, p. 1031—were awarded to
be
done
by
the
Pennsylvania Blair &
Co., Inc., Philadelphia, as
Turnpike System. Specifically, the
2%s, at a price of 100.20, a basis
proceeds from this issue will be of about
2.33%. Dated Oct. 1, 1949.
undertaken
this
year,
have not yet been determined
by
the syndicate managers and will
depend *
and
market
upon
conditions
preliminary investor interest
just prior to the marketing.
Distribution
be
of
the
bonds
will
effected
through a
selling
group e consisting
of
about
215
security dealers located in all
Due
j Construction
of
.
the
der
a
little
next
over
2%s, at
and,
years
ac¬
cording to J. E. Greiner Company,
consulting engineers, this exten¬
sion
should
open
be
completed
and
for traffic late in December,
1951. The
in Pennsylvania to
area
be served
by the Western Extent
sidh contains
approximately 20%
of the State's total population
and,
to
the
report
of
the
traffic
engineers, Parsons, Brinckerhoff, Hall and MacDonald, the
with
the
Middlesex
for
existing
and
turnpike
extend
approximately- 100
"
"at
eastward
Sherrerd, for
price of 100.11.
a
Scrantcn
School
District,
Pa.
Bond
Offering—Jacob EckersDistrict Secretary, will re¬
ley,
ceive
sealed
(EST)
on
of
bids
until
8
p m.
Oct. 3 for the purchase
$334,000
bonds.
refunding
Dated
coupon
Oct.
1, 1949. De¬
nomination $1,000. Due on Oct. 1,
follows:
as
$34,000 from 1950 to
inclusive, and $33,000 from
1959 inclusive;-Bidders
1953
1954
to
and
.
the-rate of interest, ex¬
pressed in a multiple of Vs of 1%.
name
The approving opinion of Townsend. Elliott & Munson. pf Phila¬
delphia. will be furnished to the
purchaser". A certified check for
2%
of
the
bonds, payable to the
Treasurer, is required.
District
Upper
Western
month, will take
two
1/from 1950 to 1959
The second highest bid¬
Butcher &
was
Dublin
Twp'.
(P.
O.
,
Amber), Pa.
/
Extension, which is scheduled to
commence
Oct.
on
inclusive.
parts of the country,
city-
reserves
bonds in whole
the
receive
Philadel¬
scheduled
sion and Western Extension have
been completed the
Turnpike will
extend from just outside Phila¬
bonds
.
free, McCulloch, Shuler & Sayre,
to
will,
is
purchased
by
Butcher & Sherrerd, of Philadel¬
phia, as previously noted in v. 170,
p. 1031, were sold as 2%s, at a
price of 100.27, a basis of about
according
Stanley Max¬
Extension
for traffic in December 1950.
When the Philadelphia Exten¬
Nanticoke Sch. Dist., Pa.
Sale Details—The $31,000
sealed bids until 5 p.m.
(EST) on Western Extension will carry a
Oct. .4 for the purchase of
$60,000 ^heavier volume of traffic than any
general obligation coupon bonds. other section of the Turnpike. ./,
Dated Oct. 1, 1949. Denomination
r A
little more than a year ago
$500. Due $5,000 on Oct/1 from financing
of
the
Philadelphia.
1950 to 1961 inclusive/ The
JSxtension, which will connect
of
Portland, will be furnished
Pa.
covering
bridge construction have
open
July 1, as follows: $8,000 in sealed bids until 8 p.m. (EST) on
1954; $9,000 from 1955 to 1959 in¬ Sept. 28 for the purchase of $200,improvement
clusive; $10,000 from 1960 to 1962 000 building and
and $4,000 in 1967. Principal and
inclusive; $11,000 from 1963 to bonds. Dated Oct. 1, 1949. De¬
interest (A-Q) payable at the
1966 inclusive; $12,000 from 1967 nomination $1,000 Due $10,000 on
used for the construction of the
County Treasurer's office, or at
to 1969 inclusive, and $13,000 from Oct. 15 from 1950 to 1969 inclu¬
the fiscal agency of the State in
Western Extension to the turn¬
1970 to 1973 inclusive. Bonds ma¬ sive. Bidders to name the rate of
New York City at the option of
turing on or after July 1, 1955, interest, expressed in a multiple pike—a /distance of 67 miles to
the
purchaser.
The approving
extend from the present western
may be redeemed upon the pay¬ of Vs of 1%. The approving opin¬
opinion of Winfree, - McCulloch, ment of the
terminus of the turnpike at Irwin.
face value thereof, ion of Townsend, Elliott & MunShuler & Sayre, of Portland, will
with accrued interest, on July 1, son, of Philadelphia, will be fur¬ Pa., to the border of the state at
be furnished to the purchaser. A
the Ohio line.
1954, or any interest paying date nished to the purchaser. A certi¬
certified check for $1,040 is re¬
Principal and interest on the
thereafter. Principal and interest fied check for 2% of the bonds,
quired.
(J -J) payable at the office of the payable to the District Treasurer, bonds, which are dated June 1,
1949 and mature on June 1, 1983,
Multnomah & Clackamas Counties City Treasurer. Bidders to name is required.
will be payable solely from the
the rate of interest, expressed in a
Joint Sch. Dist. No. 15-302
Manchester Twp. Sch* Diet* (P. O. revenues of
the Turnpike System
multiple of V\ of 1%. The approv¬
(P. O. Route 1, Box 3750,
York,**. D. 4), Pa.
ami will be an equal lien with the
ing opinion of Winfree, McCul¬
Portland 66), Ore.
Bond
Offering — L. W. Koch- bonds
Bond Offering—Mrs. George W. loch, Shuler & Sayre, of Portland,
presently outstanding. The
enour, District Secretary, will re¬ interest'' rate
and offering
price
Bartholomew, District Clerk, will will be furnished to the purchaser. ceive sealed bids until 7:30
Due
phia
pres¬
contracts
been entered into. The
$2,000, payable to
$77,500,000 Bonds to Be Marketed
—A nation-wide group of invest¬
Jacques, Township Secretary, will
receive sealed bids until Sept. 28
for the purchase of $35,000 gen¬
Salem, Ore.
eral obligation coupon bonds. A
Bond Offering — Alfred Mundt,
certified
check for
$700 is re¬
City Recorder, will receive sealed
quired.
bids until 7:30 p.m. (PST) on Sept.
Chester School District, Pa.
26 for the purchase of $215,000 not
Bond
Offering — Thomas J.
to exceed 3% interest sewage sys¬
all
road and
Bond
refunding
underway and at the
time
ent
city, is required.
$70,000
general
been
of
certified
Sale—The
bonds offered
Monday, September 26, 1949
The
2.49%.
flecting
about
Rockaway, Ore.
170, p. 935
bid
15
were
& Co., of
reflecting a
of
1031—were
$55,000
bonds offered
a
the
Gibson, City Auditor, will
receive
Sold—The
Not
Sept.
Fordyce
on
was
Portland, Ore.
Ore.
Madras,
«
Bonds
to
Bank
after Oct.
^ 1951 and 1952.
offered
interest
der
certificates, Series 1 public audi¬
torium bonds. Dated Oct.. 15, 1949.
County Sch. Dist. No. 19
Denomination $1,000. Due $5,000
(P. O. Springfield), Ore.
Bond Sale—The $100,000 school on Oct. 15 from 1951 to 1966 in¬
bonds offered Sept. 19—v.
170, clusive. The City reserves the
p. 1134—were^ awarded to Blyth right to redeem all or any part
& Co. of Portland, as follows:
of the certificates outstanding on
:
bonds
turity (less than the whole of a
Yamhill County School District
single maturity to be selected by
No. 48-14 (P. O. Sheridan),
lot) as follows: On or prior to
Oregon
July 1, 1955, at 103, and reduc¬
Bond Sale—The $105,000 school
ing annually thereafter lk of 1%
bonds offered
Sept. 14—v.
170,
until July 1, 1960, thereafter at
p. 1031 — were awarded to the
par. Principal and interest (J-J)
First Nation?.' Bank, of Portland,
payable
at
the
First
National
at a price of par, a basis of about
Bank of Portland. The approving
2.45%. Dated Aug. 1, 1949. Due
opinion of Chapman & Cutler, of
on March 1 from 1950 to 1965 in¬
Chicago, will be furnished to the
clusive. The second highest bid¬
purchaser without cost.
A certi¬
Lane
$18,000
Bond
net
CHRONICLE
County School District
(P. O. Yakima), Ore.
Sale—The $25,000 school
terest
date
FINANCIAL
&
33
awarded
Dated
Sept. 15, 1949. The sec¬
ond
highest bidder was United
States National Bank,
Portland,
No.
being inconsequential. This issue
of the bonds is subject to redemp¬
tion prior to maturity on any in¬
from 1964 to 1967 inclusive.
.
Yakima
a
$1,500
as
195X), in the inverse order of
^ 1961 inclusive.
Lane
nearly
of
as
COMMERCIAL
Bond Sale—The $36,000 town¬
ship bonds offered Sept. 16—v. 170,.
p. 1031—were awarded to Blair &
Co., Inc., Philadelphia, as l3/4s. at
a price of 100.31.
The second high¬
est
bidder
Scribner,
100.63.;
r
;
Singer,
2s,
atr
Deane
&
price
a
of
*
Verona, Pa.
I
>
Bond
was
for
YY
•
Offering—Clyde E. Burk-
hart, Borough Secretary, will
ceive
sealed
(EST)
chase
on
of
bids, until
Sept.
$60,000
26
for
street
re¬
8/p.m.
the
pur¬
improve¬
ment and fire trust couoon bonds.
Dated
Oct. 1, 1949. Denomination
$1,000.-Due $5,000 Oct. 1 from
1950
and
to
1961
inclusive.
interest payable
Principal
at the Alle¬
gheny Valley -Trust Co./ Verona.
Bidders
to
name
the
rate
of
in¬
miles * to. terest, expressed in a
multiple of
within seven miles of Philadel¬
Va of 1%. The approving opinion
phia, was successfully completed. of
Burgwin, Churchill, Ruffin &
Construction of this extension has
Hazlett, of Pittsburgh, will be
THE
Number 4841
Volume 170
furnished to the purchaser with¬
out
cost. A certified check for
$56,000
the Borough, is
17,000
$1,200, payable to
required.
Abbeville
22
No.
Carolina
issue of $90,000
sold to the RobinHumphrey / Cov of
Atlanta,
Associates/ as follows:
2Vz %/school bonds.
$52,000
1
March 1
the
March
Due
March
on
of
1
Due
Feb.
1961
in
school bonds.
1,
follows:
as
and
Due
$7,000
1962, and $8,000
from 1963 to 1965 inclusive.
Hosmer, S. Dak.
Bond
f
i
Sale —The
jPated Aug. 1, 1949. Denomina¬
Principal and interest
(F-A) payable at the Central Han¬
over Bank & Trust Co., New York.
Legality
by
Sinkler,
approved
Oibbs & Simons, of Charleston.
Beaufort and Hampton Counties
School District No. 26
the
(P. O.
Beaufort), S. C.
Bonds Sold—An issue of $30,000
Farmers
Hosmer,
Sept. 1, 1949.
of
Due
on
Dated
Dec. 1 from
The
sec¬
ond
highest bidder was Kalman
Co., for 3s, at a price of par.
&
Lemmon, S. Dak.v
Bond Sale—The $50,000 general
obligation paving bonds offered
Sept.
14 — v. 170, p. 935 — were
awarded to the Bank of Lemmon,
at
2s,
as
price
a
of
awarded
were
to
3)4%
school bonds has been sold
ond
S. Dickson &
bidder was J. M.
Co., for 2y2s, at a price of
Dain &
of
about
1.58%.
of about
highest
Offering—Turner
bids until
clusive.
Principal
Trust
Co.,
name
the
Lebanon.
rate
Bank
Bidders
1951
inclusive.
1962
to
&
of Chicago, will
be furnished by
the County. A
certified check for $3,000, payable
to the County Trustee, is required.
Sale
The
—
offered
$1,000,000
Sept. 22—
3%
interest
not to
building and
bonds. Dated
equipment coupon
Sept. 15, 1949. Denomination $1,000. Due on June 15, as follows:
$580,000 in 1950; $595,000 in 1951
a
Dickson
&
Co., Charlotte, Mer¬
cantile-Commerce
Bank
&
Trust
Co.. St.
Louis, Ira Haupt & Co.,
New York, Courts & Co., Atlanta,
Juran
&
Moody, of St. Paul,
Frost, Reach & Simons, and E. H.
PiIngle & Co., both of Charleston,
at
a
price
of
cost
of
about
par,
1951
to
as
follows:
from
1
1955 inclusive.
to
Jan.
on
1
from
1962 inclusive.
120,000 2.20s. Due
and
interest
Jan.
on
360,000 2s. Due
1956
net
a
2.275%,
$205,000 4s. Due
Jan. 1, 1963
on
1964.
315,000 21/4S. Due
on
Jan. 1 from
1965 to 1969 inclusive,
ill of the bonds
1,
1949.
Second
are
high
dated
bid
of
for
$160,000 4s, $240,000
$690,000 2V4S, or a net
ce
a
Cleveland,
170, p. 1031—were awarded to
syndicate composed of R. S.
v.
t of about
'roup
Co.,
2.28%,
composed
Robinson
2s,
Oct.
par
and
interest
made by
Shields &
of
York
Sch.
20—v.
Texas
Bonds Sold—An issue of $75,000 water works bonds has been
170,
Tenn.
$100,000 street
bonds offered Sept.
935—were awarded
p.
to J. C. Bradford &
ville,
a
l%s, at
as
basis
of
Co., of Nash¬
price of 100.01,
a
about
Sept. 1, 1949. Due
1.74%.
Dated
Sept. 1 from
on
$50,000 as 2!4s, and $50,000
at a price of 100.01.
as
2s,
Securities
as
follows:
Due
on
1961
E.
H.
Pringle
Due
1961
Jan. 15 from 1952 to
inclusive.
on
follows:
bonds
were
election in July
an
McCall,
Parkhurst
le¬
&
Crowe, of Dallas.
1965 to
1969
1960
000
1951
1959
3)4%
water
bonds.
as
follows:
to
sewer
Due
1966
142,000
from
1950
475,000
rev¬
water
system
from
from
1
1950
to
inclusive.
and
2y2s. Due
as
from
1950
to
1974
1950
as
interest
to
and
1979
Nov.
$15,inclu-
from
way
1950
Nov.
1
100,000
payable
Bank, El
grade
to
inclusive.
1979 in-
to
author¬
from
Aug.
separation bonds,
1950
100,000
right
to
Due
way
Nov.
1
improvement
5s. Due
as
of
on
1959 inclusive.
general
bonds,
1 from
inclusive.
3s.
as
Nov.
on
1974
street
Nov.
on
1
from 1950 to 1959 inclusive,
Dated Nov. 1, 1949.
The
$12,000,000
offered Sept. 20—v.
170,
936—were awarded to a syndi¬
McGregor, Texas
bonds
of
1974
1950
from
bonds,
Houston, Tex.
composed
to
2y2s. Due
170,000
Legality approved by McCall,
& Crowe, of Dallas.
—
Nov.
196\ inclusive.
elusive.
Parkhurst
Sale
system
on
major street and^high¬
bonds, as 2y2s. Due on
870,000
cipal and interest (M-S)
on
1950 to
garbage
incinerator
bonds, as 2y2s. Due oh Nov. 1
1950
at the election held
in¬
450,000
are
as
were
on
1974
y
1 from
payment
date
are optional
bonds
wel¬
Due
15,000
public
library
bonds, as 2y2s. Due
at par and accrued interest. Prin¬
National
and
1959 to
from
1
Nov. 1
l%s.
clusive.
thereafter, the bonds
These
hospital
on
health
bonds,
1974
State
inclusive.
1974 inclusive.
to
public
.
any
1974
to
tuberculosis
as 2y2s. Due
fare
inclusive,
from
hospital
2y2S. Due on Nov. 1
as
200.000
Sept. 1, 1964, at which time, and
cate
on
in-
grounds
Due on Sept. 1,
$13,000 from 197G
optional for payment on Sept. 1,
1959, at 102.50 plus accrued in¬
tercut. This premium reduces y2
of
1% each year thereafter to
p.
1974
to
1950
1,150.000
bonds,
bonds.
1973
Bond
from
rev¬
turing in 1960 and thereafter
13.
1954
tuberculosis
bonds,
Sept. 1,
from 1960
Dated Sept. 1, 1949. Denomina¬
tion $1,000. All of said bonds ma¬
ized
1
exposition
Nov.
on
1969 inclusive.
sive.
Paso.
Nov.
buildings bonds,
on
$5,000
follows:
the
to
1950 to 1979 inclusive.
on
500,000
inclusive, and $8,000
3y2s
enue
at
1950
to
;
1974, inclusive.
700,000 police and jail buildings
bonds, as 2y2s. Due on Nov.: 1
inclu-
system
Due
from 1967 to
on
2Vzs.
1950
inclusive.
enue
as
from
675,000 police administration and
jail building bonds, as 2y2s.
sive.
59,000
from
1
1 from
and
$5,000
inclusive.
to
1
420,000 civic center improvement
bonds, as 2y2s. Due on Nov.
to
$4,000 in 1950, and $5,-
from
from
as
elusive.
;•
as
general obliga¬
Due
$6,000 on
bonds.
lows:
the
Bonds
000
National
Sold—An issue of
31/2%
3%,
system
revenue
$225,and 3%% water
bonds has been
City Bank, Shields & Co., both of sold to R. A. Underwood & Co., of
New.York, Drexel & Co., of Phil¬ Dallas.
;
</;
adelphia/ First Southwest Co^ of
Megargel Rural High Sch. Dist.,
Dallas, Hallgarten & Co., of New
York, Braun, Bosworth & Co.. W / y/Vyy
Texas
Bonds Sold—An .issue of $16,500
Inc., Underwood, Neuhaus & Co.,
of Houston,
3%
refunding bonds has been
Schoellkopf, Hutton
& Pomeroy, of
Buffalo, Laurence sold to Moss, Moore & Co., of Dal¬
M. Marks & Co., A. G Becker &
Co., both of New York, Weeden
las.
&
Boothman
Co.,
of
Francisco, Harris,
Georgia,
Winthrop &
Co., Andrews & Wells, Inc., King,
Quirk & Co., all of New York,
Provident Savings Bank & Trust
Co.,
of
Cincinnati, - Mullaney,
Wells
&
merce
of
Chicago, Com¬
of Kansas City,
Fahey, Clark & Co., of Cleveland
Fridley & Hess, of Houston, Ly¬
Aug.
1, 1949. Legality
of Dallas.
Orange,
Bonds
-
000
Texas
Sold—An issue
bonds
has
been
Securities
Columbia
$50,000
31/4%
Corp.
of
follows:
as
improvement
Sept. Vas fol¬
lows: $5,000 from 1961 to 1966
inclusive, and $10,000 in 1967
bonds.
.
of $100,to the
sold
Texas, of San Antonio,
Trust Co.,
Co.,
Dated
approved by Dumas, Huguenin &
San
Hall & Co., Trust Co. of
of Atlanta, Robert
dock
Due
on
and 1968.
&
ons
Robertson & Pancoast, of San An¬
tonio,
follows:
as
Floyd County (P. O.
Floydada), Texas
000
Sold—An
court
sold
house
50,000
3%
bonds.
dock
improvement
Sept. 1
Due $10,000 on
from 1969 to 1973 inclusive. Y
issue of $200,has been
bid reflecting a net in¬
terest cost of about 2.87%. Dated
on
a
Sept. 10, 1949r Due in 25
Optional after 10 years.
Corp., Nashville,
2s, at a price of par.
Sept.
Char¬
of
to
Jackson
170,
C.
H.
3s,
p.
1032—were
Little
&
Co.,
price of
Bonds
ning Sept.
on
as
or
maturing begin¬
1, 1960 shall be call¬
after Sept. 1, 1959.
Bond
on
Aug. 15 to
a
to
1.979
inclusive.
on
inclusive.,
Nov.
1
from
$44,000
1950
to
Dated
of Dallas.
4
syndi¬
300,000
:
v
bituminous
VERMONT
surfacing,
street improvement bonds, as
3s.
Due
to
1959
on
Nov.
1
from
1950
inclusive.
of
1,100,000 storm
follows:
Bonds Sold—An issue of
E. Davis & Co. of Lubbock.
1,500,000
sanitary sewage
dis¬
posal system bonds, as 2y>s.
as
Roosevelt Rural High Sch. Dist.,
Texas
Aug. 15, 1949. Legality approved
by Dumas, Huguenin & Boothman
1950
1
Emerson,
Co., Dewar, Robertson &
Pancoast, and Volz, Carswell &
Co., all of San Antonio, at a price
par,
1962,
900,000 permanent paving, street
improvement bonds, as 2y2s.
Nov.
on
1974
cate composed of Harold S .Stew¬
art & Co., of El
Paso,
Roche &
1,
4% school house refunding, series
1949 bonds has been sold fto C.
2V2s. Due
Due
(not $525,000 bonds, as pre¬
viously noted in v. 170, p. 1032),
sold
&
from
as
$375,-
000
were
Frederick
1, 1949. Denomina¬
Bonds maturing Sept.
and thereafter are call¬
&
$870,000 permanent paving bonds,
These
Sept. 3.
Details—The
Paul
Dated Sept.
tion $1,000.
Wood.
son
& Co., of Philadelphia, at a
price of 100.0001, a basis of about
2.51%, as follows:
Stockton, Texas
Sale
Seasongood & Meyer.,
Cincinnati.
Co.,
Small
years.
authorized at the elec¬
on
Fort
at a
par. Dated Sept. 1, 1949 and due
on Sept.
1 from 1952 to 1964 in¬
able
tion held
$25,000 water
22—v.
clusive.
were
Tenn.
Sale— The
bonds
of Chicago.
of
Gundy & Co., John able in inverse numerical order
Co., all of New York, on Sept. 1, 1961, or on any inter¬
Westheimer & Co., of
Cincinnati, est payment date thereafter at par
to
Sills, Fairman & Harris, of Chi¬ and accrued interest. 7 Principal
cago, Weil, Roth & Irving Co., of and interest (M-S) payable at the
at
Cincinnati, Folger, Nolan, Inc., of American National Bank, Austin.
These bonds were authorized at
as Washington,/ D.
C.,
James
C.
Tucker & Co., of Austin, Barret, the election held on June 18. j Le¬
Fitch & Co.. of Kansas City, Rand gality approved by Chapman &
& Co., of New York, and Harri¬ Cutler, of Chicago.
to
bonds
,
land Securities
of
of
by
Bonds
July 15, 1949. The sec¬
ond highest bidder was Cumber¬
awarded
Co.
gality
Jan. 15 from 1952 to
Dated
Inter¬
&
Corp.
Dated
and have been approved as to
inclusive.
20,000 street improvement bonds.
Bond
Charleston, jointly, at a price of
par, a basis of about 2.38%, as
authorized at
4V4S.
part of the $600,000 issue.
Gainesboro,
lotte, Hamilton & Co. of Chester
smd
July
$30,000 sewerage extension bonds.
the
Corp.,
of Texas
-
S3j—were
state
First
Antonio, as
15, 1949. The
.
works improvement bonds offered
to
to the
San
$28,000 as 3 V4S. Due from 1951
Fayetteville, Tenn.
1953 inclusive.
Bond Sale—The $50,000 bonds
422,000 as 3y2s. Due from 1954
offered Sept. 15—v, 170, p. 935—
1979 inclusive.
were awarded to J. C. Bradford &
Co. of Nashville, as 2s, at a price
These bonds were authorized
of 100.03, a basis of about
1.99%, the election held on Aug. 23
$175,000 school
Londs offered Sept.
16—v.-170, p.
awarded
of
Nov.
sewer
Sept. 1,
bonds
Nov.
on
1
inclusive.
airport
.
as
Bond Sale—The
sold
inclusive.
Shafto, of Boston, Kaiser
1950 to 1959 inclusive. The second
& Co., of San
Francisco, Russ &
Floresville, Texas
highest bidder was Fidelity Bank¬
Co., of San Antonio, Breed &
Bonds Sold—An issue of $450,ers Trust
Co., Kiioxville, and J. 000
Harrison, Ellis & Co., both of
light* and
power
revenue
Osborn Wood & Co., jointly, for
bonds has been sold to Dewar, Cincinnati, Barcus, Kindred & Co.,
-
County, Ebinport Con.
Dist. No. S3 (P.O.
York), S. C.
Sale—The
Bond
improvement
was
Humphrey
Co.,
Trust Co. of Georgia, Peoples Na¬
tional Bank & Trust Co., Rock
Bill, G. H. Crawford & Co., and
Yarnedoe, Chisholm & Co.
Crane,
TENNESSEE
inclusive,
000
purchase of $5,650,000
$4,000
Nov.
on
1974
63
1974, inclusive.
5,000 park bonds, as 2y2s. Due
clusive.
TEXAS
the
1959
on
to
Board of Regents of State Teachers
Colleges of Texas' (P. O.
5
Austin), Texas
Bond
Offering—Claude Isbell,
Due
1950
49,000 3% water system revenue
bonds. Due on Sept. 1, as fol¬
Cutler,
exceed
to
Due
to
1,500,000
Sept. 1 from 1970 to 1979 in¬
t
interest, ex¬
pressed in a multiple of V\ of 1%.
The approving opinion of Chap¬
man
1950
from
from
tion
of
12, S. C.
bonds
1955
improvement,
&
to
2V2s.
obli¬
Sept. 1
60,000 3y2% city hall and
interest
and
Lebanon
sewer
inclusive, and $3,000
follows:
10
at the
on
tion bonds. Due
the
payable
and
general
improvement, general obliga¬
Evans,
a.m.
(CST) on Oct.
purchase of $150,000
road bonds. Dated Aug. 1, 1949.
Denomination $1,000. Due $10,000
on Aug.
1 from 1950 to 1964 in¬
for
10
hall
45,000 3M>% city hall and
1964
County (P. O.
Lebanon), Tenn.
-
Bond
from
1.59%.
Wilson
,
100.56.
Secretary of the Board of Re¬
gents, will receive sealed bids
Raymond Indep. Sch. Dist., S. Dak. until 10 a.m. (CST) on Oct, 5 for
Bond Sale—The
$12,000 fund¬
ing bonds offered Sept. 16—v. 170,
p.
1031—were awarded to Kal¬
man & Co., of Minneapolis.
Dated
Sept. 1, 1949. Due on Jan. 1 from
1954
from
V
$1 000 in 1963; $2,000 in 1964; $1,and 1952; $605,000 in 1953; $620,000 in 1965: $2,000 in 1966; $1,000
White, S. Dak.
000
in
in 1967; $2,000 in 1968, and $1,000
1954; $635,000 in 1955;
Bond Offering—R. E. Cameron,
it! 1969.
Principal and interest
$650,000.in 1956, and-$665,000 on
City Auditor, will receive sealed
June 15 and $705,000 on Dec. 15,
(A-O) payable at the Bank of bids until 8
p.m. (CST) on Oct. 6
Veinassee; Yemassee. These bonds for the purchase of $3,000 not to 1957. Bidders to name the rate of
wer j
authorized at the
election
exceed
3%
interest well bonds. interest, expressed in a multiple
heU on Sept. 24, 1949.
of
y4
or
1/10 of
Legality Dated Oct.
1%. Interest
1, 1949. Denomination
approved by Sinkler, Gibbs &
$500. Due $500 on Jan. 1 from (J-D). The approving opinion of
the
Simons, of Charleston.
Attorney-General
of
the
1951 to 1956, inclusive. All bonds
McCall, Park,hurst &
issued to contain a provision per¬ State,
CfJkoun Falls Sch. Dist. No. 9,
mitting payment or redemption Crowe, of Dallas, and VandeVvv
South Carolina
prior to maturity on Jan. 1 of each water, Sykes, Heckler & Gallo¬
Bond'Salmpetails—The $121,000 and every year. Principal and in¬ way, of New York City,, will be:
sc hool bonds ptir<?hased
furnished to the purchaser. A cer¬
by R. S. terest
(J-J) payable at any bank
Dickson & Co., of
Charlotte/ and or trust company designated by tified check for $113,000, payable
to the Board of Regents, is re¬
Associates, for $65,000 as 2%s, and the
purchaser. These bonds were
316,000
as
21/&s,
as
previously authorized at the election held on quired.
i^ted in v. 170, p. 643—were sold Sept. 6. The
printed bonds will be
.'at a price of 100.08, a basis of
Camp County (P. O. Pittsburg),
furnished by the City without cost
Texas
'
about 2.57%.
to
the
purchaser.
A
certified
Bonds Sold—An issue of $200,check for $250, payable to the City
Rock Hill School District
000 road bonds has been sold*
Treasurer, is required.
No.
school
to
Corp.
bid reflecting a
on a
city
gation bonds. Due
as
follows: $1,000
Securities
cost
3%
(1243)
improvement,
second
Dated
par.
Sept. 1, 1949. Due on Jan. 1 from
1952 to 1965 inclusive.
The sec¬
to H.
Co., of Char¬
iot re. Dated April 1, 1949. Denom¬
ination $1,000. Due on April 1, as
follows: $2,000 in 1950; $1,000 in
1951; $2,000 in 1952; $1,000 in 1953;
$20)0 in 1954; ;$1,000 in 1955; $?,000 in 1956; $1,000 in 1957; $2,000
in 1958; $1,000 in 1959; $2,000 in
1360; $1,000 in 1961; $2,000 in 1962;
2.99%.
inclusive.
1964
Bank
price of 100 05,
a
about
of
to
State
3s, at
as
basis
a
1950
tion, $1,000.
$20,000
County Judge, will receive sealed
to
on
Tenn.
highest bidder was
Equitable Securities Corp., on a
bid reflecting a net interest cost
SOUTH DAKOTA
1960.
33,000 214%
15
interest
Bond
$20,000 fire
prevention bonds offered Sept. 13
—v.
170, p. 935 — were awarded
-
Sept.
Nashville,
net
CHRONICLE
$100,000 elec¬
refunding bonds of¬
Cumberland
The
$5,000 from 1954 to 1956 in¬
clusive; $6,000 from 1957 to
1959/inclusive, and $7,000 in
..
FINANCIAL
Sale—The
system
fered
~
on
Dated Sept. 1, 1949. Thie_second
highest bidder was Trust Co. of
Georgia, Atlanta, and Associates,
for $139,000 as 2v2s, and. $36,000
as 2 Vis, at a price of 100-.04.
1, as follows: $4,090
1951 to 1953 inclusive;
from
Due
2V2S.
as
Feb.
on
on
from 1965 to 1969 inclusive.
Bonds Sold—An
and
Due
2V4S.
as
56,000
Sch. Dist.
(P. O. Abbeville)
bonds has been
son-
2s.
as
&
Gallatin,
Bond
tric
from 1960 to 1964 inclusive.
County
South
March 1
on
in 1958 and 1959. ^
CAROLINA
,
Due
from 1951 to 1957 inclusive.
46,000
SOUTH
2V2S.
as
COMMERCIAL
Due
1979
on
Nov.
1
Vt.
Sale—The
$75,000 mu¬
nicipal improvement bonds offer¬
ed Sept. 15—v. 170, p. 1032—were
awarded
1950
to
to Kidder,
Peabody &
Co., of Boston, as 2s, at a price
bonds,
as
Dated Sept. 1, 1949.
from
inclusive.
sewer
Cambridge,
Bond
of
100.46,
a
basis of about 1.93%.
Du6
on
Sept.
«4
(1244)
from
1
The
F.
£
THE
1950
to
inclusive.
1964
second
highest bidder was
Moseley & Co., for 2V4S, at
price of 101.30,
S.
purchase
ceed
Treasurer will receive sealed bids
until
11 a.m. (PST) on Oct. 7 "for
purchase of $7,000,000 not to
exceed
interest school
6%
Denomination
check
for
5%
$1,000.
of
bonds.
certiifed
A
the
bid
is
re¬
quired.
scheduled
Bond
000
Bond
County Everett School
No. 2 (P. O.
sealed
will
bids
until
Oct.
as
for
No.
Sept.
14.
Wash.
tle
$325-
improvement
previously noted in
544, were awarded
as
v.
as
County School District
(P. O. Yakima),
on
purchased by Seat¬
viously
noted
sold at
were
a
1951
a
to
1958
,
J
1953
1954;
Bond
1955; $37,000 in 1956 and 1957,
were
1959.
the
$30,000
1949 bonds offered
sewer
$38,000 in 1958, and $39,000 in
Sale—The
awarded
to
the
000
2%%
a
Metropolitan Sewerage
District, Wis.
will
receive
bonds.
exceed
extension,
Dated
nomination
price of
1,
as
Oct.
$1,000.
coupon
1949.
Due
De¬
Oct.
on
follows: $35,000 in 1952; $40,-
000 in 1953 and
1955
1957
to
1954; $45,000 from
inclusive, and $50,-
000 in 1958 and 1959. Principal and
interest (A-O) payable at the Dis¬
New Issue
trict Treasurer's
Chicago
ceptable
$12,000,000
bidder.
office, and at
or
New
to
the
York
Bidders to
$27,000
3s.
1960
the
Dated November 1, 1949. Principal and semi-annual interest
in New York
(May 1 and November 1) payable
River8, Wis.
Sale—The $250,000
bridge
Sept.
22—v.
awarded
in the opinion of counsel named below
are
general
March
Due
Prices
3%
to
2'/2%
Yield
2>/2%
1961
$433,000
$10,000
$47,000
$434,000
1951
10,000
47,000
434,000
1.10
1962
1952
10,000
47,000
434,000
1.20
1953
10,000
47,000
434,000
1954
10,000
47,000
;
.90%
or
1950
account
to
1955,
high
bid
VUs
made
by
Mil¬
composed
Co.,
1963
433,000
of
&
1.40
1964
433,000
434,000
1.50
1965
432,000
County (P.-O, Laramie),
Wyoming
Bond Sale Details—The $350,000
memorial
hospital - bonds
pur¬
chased by the syndicate headed by
2,40
2.45
1955
10,000
47,000
433,000
1.60
1966
432,000
10,000
47^00
433,000
1.70
1967
432,000
1957
10,000
47,000
433,000
1.80
1968-69
864,000
2.60
1958
10,000
47,000
433,000
1.90
1970-71
864,000
2.65
1959
10,000
47,000
433,000
2.00
1972-73
864,000
Boettcher
2.55
2.70
1974-79
1,042,000
100 (price)
follows:
Sch.
Commission,
Sept.
the
to
15
were:
Cana-
Banque
follows:
as
$223,000
from
81,000
\
1950
31/2S.
as
from
1960
Due
St.
Aug.
on
1949.
*8*4'
School
Gabriel-De-Brandon
Quebec
Commission,
Bond Sale—An issue of
school
bonds
1
inclusive..
1969
to
1
inclusive..
1959
to
Dated Aug. 1,
J
-
»*.
Due on Aug.
314s.
as
,
$150,00(b
awarded
was
on
Credit Interprovincial,
Sept. 7 to
Oct. 1 from 1950 to 1964 incl
Simon-De-Drummond School
St.
Commis&ojn,
Quebec
Bond Sale—issue of
school
bonds
.
$205,500 r. f:
awarded
was
,
/
on
1969 inclusive.
$53,000
3V2S.
as
from 1950 to
Due
on
July
as 114s. Due on July
from 1953 to 1957 inclusive.
2.75
35,000
1%%.
as
1
1952 inclusive.
87,000
Due
on
SASKATCHEWAN
1
July 1
in 1958 and 1959.
70,000
as
2s.
Due
on
July 1 from
1960 to 1963 inclusive.
and
•
1,1949,.
& Co., of Denver,
as
Sept. 7 to McNeil, Mantha, Inc.,. I
previously noted in v. 170, p. 644,
of Montreal, at a price of 96. The
were sold on a bid reflecting a net
bonds are dated July 1, 1949, and.
interest cost of about 2.07%, as
mature on
July 1 from 1950 tCr-v
(Accrued interest to be added)
The above Bonds
dated Oct.
are
Ltd., of Montreal, as 3s, at a price
of 97.29, a basis of about 3.478%*.
Dated Oct.
1, 1949, and due on
Albany
2.35
w
1964, inclusive.
of fe red
of
the Marshall
and
.
from:
Nationale, arid the Credit.
Interprovincial,
Ltd.,
both
of.
Montreal, jointly, at a price of"
98.28, at a basis of about 3.60%,.
in¬
was
1
dienne
Trust
WYOMING
2.20%
2.30
2.10
Northern
Second
for
100.364
Price
S 433,000
433,000
offered on
1032—were
Ilsley Bank, of Milwaukee.'
1956
1960
m
17th
Yields
Nov. 1
1950
from
1
waukee
AMOUNTS, MATURITIES, COUPONS, YIELDS AND PRICE
_5%
the
to
clusive.
an
Due
bonds
170, p.
Oct.
on
Quebec
Bond Sale—The $304,000 school-
Co., Chicago, as 114s, at a price of
100 437, a basis of about 1.096%.
Dated Sept. 1, 1949 and due on
obligations of the City of Houston, payable both principal and interest from ad valorem taxes
which may be levied upon all the taxable property therein, within the limits prescribed by law.
Nov. 1
District,
Two
Bond
Street
These Bonds, issued for various purposes,
the
to
1949.V
1,
Mont-Laurier
bonds
City. Coupon Bonds in denomination of $1,000.
Interest Exempt from Federal Income Taxes
Under Existing Statutes and Decisions
to
awarded
payable
required.
1
the rate
name
A certified check for
$10,000,
Oct.
on
1964 inclusive.
Due
The bonds
Chicago, will be furnished to the
is
inclusive.
1959
Due
to
1
1950 to 1959, inclusive.
*
17,500 31/2S. Due on Oct. 1 from
interest, expressed in a mul¬
tiple of V& of 1%. The approving
opinion of Chapman & Cutler, of
5%, 3% and 2V^% Bonds
1960
,
,
Oct.
on
Bond Sale—An issue of $44,500*
refunding bonds was sold on Sept.
19 to Morgan, Kempf & Robert¬
son,
of Montreal, at a price of
98.46, a net interest cost of about.
3.502%, as follows:
purchaser.
;
were
Megantic, Que.
ac¬
and
to
3%s.
Dated Oct.
any
bank
District
14
•
Due
1950
as
from
of
City of Houston, Texas
3s.
from
interest
1949
1,
Sept.
the
\
54,500
Blied,
sealed
6%
«
McNeil, Mantha,
Montreal, at a price of
basis of about 3.44%, as
$115,500
to
sewerage
Sept. 15
Milwaukee
Co., of Milwaukee, at
not
a
to
as
of
98.69,
bids until
10:30 a.m.
(CST) on
Sept. 26 for the purchase of $350,-
Gillett, Wis.
$36,000 in
offered
awarded
follows:
Secretary,
1
Quebec
elec¬
an
Oct.
on
Bond Sale—The $170,000 school
'(/
Bond Offering—Frank C.
WISCONSIN
and
April, 1949.
Madison
$34,000 in 1951 and 1952; $35,000
in
authorized at
were
Due
Dated Oct. 1, 1949.
•
V ' •" >_
y'::
yW;'. y"
Contrecoeur School Commission,
•
Inc.,
41,000 as 2V2S. Due on Oct. 1
from 1959 to 1969 inclusive.
follows:
of
bonds
tion in
Oct. 1 from
inclusive.
State
price
a
■;
bonds
on
at
314s.
as
/ from 1960 to 1964 inclusive.
cipal and interest payable at the
Gratiot State Bank, Gratiot.
The
2.41%, as pre¬
in v. 170, p. 1136,
price of 100.06, as
2s. Due
as
87,500
The
bonds
are
in
denomina¬
tions of $500. Due $500 on March 1
from 1951 to 1962 inclusive. Prin¬
follows:
$21,000
Citizens
Sheboygan,
101.25.
Bank, of Seat¬
bid reflecting a net in¬
a
the
was
Bank,
terest cost of about
p.
l%s, at
101.42, a basis of about 2.29%,
maturity. The second highest
Sale Details—The $62,000
bonds
Monday, September 26, 1949
to
bidder
First National
tle,
bonds
170,
CHRONICLE
205
Bond
school
Details—The
FINANCIAL
Washington
price of 100.27, and mature Sept.
receive
26
Sale
street
on
bonds.
&
originally
by Grande & Co., of
Otis Co., of Cleveland,
and Associates, on a bid reflecting
a net interest cost of about 1.71%,
Everett), Wash.
Offering—Verne Sievers,
Treasurer,
sale
Yakima
ex¬
Seattle,
District
County
for
bonds
to
purchased
1,
Snohomish
the
Tacoma,
King County Sch. Diat. No. I
(P. O. Seattle), Wash.
Bond Offering — The County
not
school
interest
are
WASHINGTON
the
$440,000
of
6%
These
COMMERCIAL
105,000
offered subject to prior sale, for delivery when, as and if issued and received by us
subject to the approval of legality by Messrs. Reed, Hoyt and Washburn, Attorneys, New York City.
are
as
2i/4s.
Due
on
July
1
Saskatchewan
(Province of)
4 Notice Pertaining to Debt Serv¬
ice
Relative
tion
C.
—
to
Sterling Devalua¬
M.
of
Sept.
issued
21
Provincial.
Fines,
Treasurer
Saskatchewan,
on
following,
the
statement:
from 1964 to 1969 inclusive.
"In view of the decision of the;
British
the
Government
devalue:
to
pound, it is considered desir¬
position of the Sas¬
able that the
The National
First Southwest
City Bank of New York
Company
Shields & Company
Hallgarten & Co.
Drexel & Co.
Canada (Dominion of)
Treasury Bills Sold—An issue of
Braun, Bosworth & Co.
Incorporated
$75,000,000 Treasury bills was sold
on Sept. 22 at an
average yield of
0.512%.
Underwood, Neuhaus & Co.
Schoellkopf, Hutton & Pomeroy, Inc.
due
on
Dated Sept. 23,
Dec. 23, 1949.
1949 and
katchewan
gard
"Ever since the
and
A. G. Becker & Co.
Incorporated
Trust
Harris, Hall & Company
Incorporated
Robert Winthrop & Co.
Company of Georgia
(Incorporated)
Andrews & Wells, Inc.
in
ONTARIO
Weeden & Co.
St.
Therese
de
Lisieux,
Provident Savings Bank & Trust Company
Incorporated;
Mullaney, Wells & Company
;v.\
Cincinnati
Commerce Trust Company
■;
/
,/
,
"f.VvV
Fahey, Clark & Co.
Bonds Sold—An issue of $40,000
works bonds was sold on
water
19 to Grenier, Ruel & Co.,
LaFlamme, Ltd., both of
Quebec, jointly, at a price of 96.77,
a net interest cost of about
3.816%,
and J. E.
as
follows:
Fridley & Hess
Lyons & Shafto
Kaiser & Co.
Russ & Company
Incorporated
Breed &
Harrison, Inc.
Ellis & Co.
Seasongood & Mayer
All of the bonds
Paul Frederick &
Company
Wood, Gundy & Co.
^
John Small & Co.
Westheimer and Company
Sills, Fairman & Harris
The Weil, Roth & Irving Co.
James C. Tucker & Co., Inc.
Barret, Fitch & Co., Inc.
*
'
t
Rand & Co.
Harrison & Company
Gairdner
before
a
Co., and
Commerce,
Toronto, jointly, at 97.52,
basis of about 3.38%, as follows:
$102,500
as
234s.
from 1950 to
the:
Sept.
1949. After thatwill be made in
19,
payment
ex¬
change.
"This statement is made
there
ing
as
so
that,
misunderstand¬
to the position of the Sas¬
be
may
no
with
Government
DIVIDEND
AMERICAN
re-
v;
Due
on
Oct.
1
Board
of
West
COMPANY
Streets
22,f New
Directors
York
of
the
America**
Manufacturing Company has declared, the regu¬
lar
quarterly
dividend of 25c per share on.
the
Common
Stock,
payable October 1,
1949
to
Stockholders
business
will
1959 inclusive.
and
Brooklyn
The
NQTICE
MANUFACTURING
Noble
&
the Canadian Bank of
both of
September 26, 1949
on
gard to those sterling securities."*
Bond Sale—The $190,000 school
bonds
offered
Sept.
15
were
to
register
holders
dollars. It is;
proposed to continue payment in
pounds to those on the London
register. Those persons on the
Canadian register
will continue
to receive payment in dollars if'
their stock was registered on or
Bedford Catholic Sch. Commission,
awarded
in
London
to
Quebec
~
;
and
katchewan
QUEBEC
Incorporated
Folger, Nolan Incorporated
dated July
are
2, 1949.
Incorporated
of
stock
1954
July 2 from 1950 pounds at the current rate of
to 1954, inclusive.
32,500 3y2s. Due on July 2 from
1955 to 1969, inclusive. ',i
Incorporated
Barcus, Kindred & Co.
on
of
the
on
pounds
date
$7,500 3s. Due
4!/2%
Canadian register in
Que.
Sept.
King, Quirk & Co.
se¬
of 4%
issue
London, interest has been paid to
holders
Laurence M. Marks & Co.
re¬
of sterling
clarified.
curities be
1951
with
Government
payment
to
of
September
remain
Record
21,
1949.
at
the
close
Transfer
ROBERT
B.
of
books
open.
BROWN, Treasurer.
,
@FedFRASER