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BUS. ADM.

SEP 2 9 1947

LIBRARY
-a-vi

«>

MONDAY

Reg. U. S. Pat. Office

Volume 166

Number 4633

New York, N. Y.,

Monday, September 29, 1947

Price 75 Cents

a

Copy

the

lattery's

and Investment News
RAILROAD
ABC Vending Corp.

PUBLIC

-

INDUSTRIAL

Common Stock Offered—Rey^-

—

tiolds & Co.

chased more than 7%

supplier,

on Sept. 23 offered
145,000 shares of common
($1 par) at $7.50 per share.
Of the total 120,000
shares are being sold by stockholders and
25,000 shares
are being sold
by the company. In addition 20,134 shares
are to be
specially sold to A. J, Morris for services at
$3,775 per share.

LISTING—Company
Co.

to

its

use

the

on

New

Transfer
tion

New

has

The

Agents:

to

City,

Y.

N.

Co., New York,

Registrar:

Bank

&

formed

in

Delaware

in

brand-name candies and other

Candy,"
located

are

in

companies
the

drinks,

in

and

more

the

and

also

and

automatic

other

tobacco

others

as

communities

Columbia.

of

companies

Co.

Candy

and

its

Corp.

other

of

companies

,

two

to

be

arid

120,000-shares of

stockholders

offered

arc

stock

common

for

their

individual

the

f«id

plan becomes

stockholders

effective.
the

on

Such

basis

of

shares

were

The

"

CAPITALIZATION—Upon
organization,
will

be

and

the

follows;

as

summation

sale

of

of

45,134

the

:

the

5%

cumul.

preferred

stock

($1

stock

($25

par)

par)

"Including 120,000 shares registered for
and

45,134

shares

BUSINESS—The

registered

principal

purchasing,- storing
dise and servicing
the

sale

the

most

Popcorn

and

for

sale

issuance

operations

and

of

the

following

ch&ndise

sold

..

analysis

an

the

the

■

of

met'sales

the

Sanitary

50%

by

types
in

of

the

The

—1946——

to

Cigarettes and

cosmetics

and

>„•

those

Drinks,

Soft

The

bined

sold

-V

management
net

principally

classified

i

sales

at

above

'

effected

-758,183

ing
*

5% ^principally

the

On

Confections,

V.

..

the

be

wiir

Gun), and

Net

that

the

channels

through

for

the

calendar

year

were

by automatic vending machines.

and

Fed.

-the

consolidation.

stock

the statutory
Pack "Shops as

of

.

.-v...,

.

'

consolidation;

wholly-owned

y

ancf

exchange

Bell

Telephone: HAnover 2-2600

■

for

shares

K

.•«*

v

•* 4




+i,

>&■'

39,057

$1,098,781

$388,994

$1,425,029

% $838,672

62,145

18,030

$1,487,776
3,445

% $856,703

.

3,445

income--

410,228

income

27,208

on

3,059

.

544,045
27,208

133.817

'

—V

320,5jB9
! 11,699

,

V

$661,344--

...

$251,732-

..$913,076

$521,384

»

Electric

stock

common

under
-

of

the

were

the

-

plan, making the total Berlo participation
similarly, deposited all of the outstanding shares

under

issued

in

the
the

other

U;:X' 1]
York,

Transfer

that

companies
100%

of

of

such

the

Sanitary

shares

will

be

plan, 439,840 shares of ABC's
acquisition of Berlo and 217,798

Group.
deposited
common

shares

York

Stock Exchange

the

York

stock

Baltimore Stock Exchange—

sale

of

class

of

of

of

be

to

shares

covering

share

will

sale

proceeds

31,840

warrants

shares

of

.

derived

by the corporation from
stock (subject to commitment
additional shares, after deduction of

estimatefcexpenses
The

net

the

shares

sold,

are

will

are

sold.

offered

now

the

net

$100,000

proceeds

will

be

be

is

to

to

pay

connection

to

no

$114,495,

The

are

used

in

proceeds

26,940 shares for which there

which

.

.

be

common

10,000.

the

$126,468.

or

purposes

be

used,

total

a

fas

so

are

as

bank

current

with

such

the corporation from
commitment, providing
of

$240,963, if

determinable,,

as

follows:

loans.

#

BUSINESS—Corporation
of

electrical

and

is

electronic

engaged

the

in

manufacture

and

sale

transformers,

fluorescent ballasts, reactors,
battery chargers and miscellaneous electrical equipment such as spark
plug testers, ozonators and rectifiers.
Main plant,
which is owned,
is located at.Cuba,, N.
Y„ and a smaller, plant, which is leased, is
located at Allegany, N." Y*
'
* '
,:
■<"

„24

.

—33

The

Machine

by Acme Electric

34

business

—34

from

the

present

"1946,

34

by

—35

_„36

its

sale

38

principal

of

the

until

Cleveland,

May

the

under

of

Acme

name

succeeded

was

which

the

name

1946.
In 1937 the business
Cuba, N. - Y., and on June 1,

to

to

the

business

conducted

corporation.

activity

transformers

under

company

(Ohio)

31,

Ohio,

1917

in

original

corporation .succeeded
(Ohio)

prececessor

The

Ohio

Manufacturing Co.

conducted

was

In

1919

In

Co.

&

moved

was

—35

•

-

the

corporation Is. the manufacture and
fluorescent ballasts., There are two prin¬

and

cipal" types of transformers:
(a)
tho?e used in the field of heavy
electrical engineering for the transmission of
power in large quantities,
and., (b) those used in light electrical engineering, which involves
connect'on with electrical and electronic
circuits.
It is in the
secpnd
field, i.e., light electrical engineering, that the corporation has
spe¬

__1 —36

Exchange___^

was'founded

business

Electric" &

33

Montreal Stock Exchange.
Montreal Curb Exchange—
Toronto Stock Exchange

—36

cialized

37

the

—38

in

the

—39

of

development

inception of

concentrated

quality

Toronto Stock Exchange—Curb Section— —41
Over-the-Counter Markets
42

ap¬

the

in

of

PURPOSE—Net
the

—29

i

St. Louis Stock
Exchange—
San Francisco Stock

com¬

of

(2) The
remainder
will
be
added
to
working capital to finance
the .carrying of larger accounts receivable and work in
process.

Philadelphia Stock Exchange—
Pittsburgh Stock Exchange
L..

.

corporation.

result

.

thereof

—13

Boston Stock Exchange:—i———
Chicago Stock Exchange—--—
Cincinnati Stock Exchange„i_

-

York

a

corporation's

stock

shares

all

—

As

preferred stock
and
201,120" shares of its
exchange for- their 2,000 shares of preferred stock,
A
stock
and
2,570 shares of. class B stock
in the predecessor corporation. '
10,000

all

(Stocks)-

the'New

voluntary plan of exchange and

corporation.

common

and

f«ra«

Stock Exchange
(Bonds)
New York. Curb
Exchange^——

of

This was accomplished
reorganization of the prede¬
plan/ all the stockholders
predecessor corporation,
consisting of 204 preferred stock¬
and
167 common
stockholder. received 2,000 shares of the

a

holders
New

the

on

a

rather

and

business

than

of

manufacture

of transformers.. From
and its predecessors have

the corporation

quality line

of

products

price

and

alone.

competed

on

basis

a

-

.

•

r

CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING

—

Transactions New .York Stock Exchange- —24
Transactions New York Curb Exchange
Stock and Bond
Averages

,

•Warrants
°To
A

\ ;

nuriiber

at

1949,

,

of

of

the

and

of

$6.50

$6

total'of

a

and The.

10,000
'firfn

•

the

Foreign Exchange Rates.,—,———„___41

stock

.

•

.

of

common

reserved

thereafter,

but

/

-

and- warrants

be

shares of com¬
exercised on or before

exercised

if
-

if

May 15,"T950.

will

10,000

stock
to

on

or

»

underwriters

the

from

the

purchase

to

pur¬

corporation

an

additional

to

date

^tpck from the corporation will beebme
date, "subject "to certain rights granted to
their
obligations at any time prior-to
reason
of any of certain adverse changes

cancel

by

in
the- affairs • of
the
corporation.
No
firm
commitment
purchase any of the 61,623 shares of common stock subject
option froriv the corpOratibn and the selling stockholders.

exists
~

to

to

Subject
on

the

..

iat
\

(at

to
all

From

$4.25
?

the

terms,

commitment

purchase

Teletype: NY, 1-573

;

r

expiring

common

underwriters
settlement

share

per

'

shares

the; commitment

on

stock

common

aggregating

10,000

"

occuring

.„

.Reserve Batiks.,—^—1.———————_4i
Condition Statement of Member Banks of
^ Federal Reserve System——.——
44

61,623

of

2,000 shs.
260,000 shs.

10,000

commitments. of

selling. stockholders

shares

of

share

per

15, "1950.
,

chase

'

common

shares

warrants

price

a

Outstanding

2,000 shs.
400,000 shs.

UNDERWRITING/-The

Combined Condition Statement of
Federal
'

15,

Authorized

.

—

s—L—v

exercise

before" May

:. the

_

—

stock

May

General Corporation & Investment
News-Cover
State and City Bond
Offerings———
—51
Redemption Calls and Sinking Fund Notices_44

j

par)-,

underwriters to. purchase

the

mon

.

($100

($1 par)--

sufficient

for

Payable——4-—44

stock

Common stock

—24

The Course of Bank
Clearings—43
Dividends Declared and

;

.

5%'preferred

24

.

■

$349,936

23,088

income for period

cessor

"4.

M

»•

%

agreement

under

arid

assumption

New

u

»

v

»

.

6Mos. End.

the

New York

;

v

,

1946-

1

Sanitary,of

Page

.

NEW YORK 4, N. Y.

common

I:.
HISTORY—Corporation Wi;:trfganize4
30- 1948; "ill New York
to take over substantially riii ' the asset/, and all the liabilities of
fcompany (*'ABC")I by
their holdings in those 1 its predecessar,- Acme" Electric
Manufacturing Co. '(Ohio), in- ex¬
of ABC's common stock,
!
? change for 2,000 shares of preferred stock and 201,120 shares "of

fattsfei*- to

.

Be/io

(1)

MUNICIPAL DEPARTMENT

\

Dec.4l,

Sanitary
"
Grcupr

Registrar;
Marine
Midland
Trust
Co.y of,New
Agentr Corporation Trust Co^New York.

-

Slock and Bond Quotations

Municipal Bonds

'

the

25,000..

and 64,366 shares by certain stockholders.%

_^

for

FLORIDA & NEW JERSEY

Established 1922

of

is

Corp., Cuba," N. Y.—Stock' Offered—
Herrick, Waddell & Co., Inc., on Sept., 25 offered 123,246
shares of common stock (par $1) at $5 per shape. Of the
offering 58,880 shares are being sold by the corporation

SPECIALIST IN

STREET

shares

hereunder

$1,075,693

.

on

Acme

Miscellaneous Features

80 BROAD

number Of

company

expense

taxes

Net

ne¬
that

"

severally

company

-

Inter-

pur-

■H

company1

the

Combined - June'30,'47
$7,714,463 $21,089,067 $12,260,989
6,910,006 ' 3,804,765 " 10,714,771
6.342,455
5,388,903 " 3,559,762
8.948,665
5,079,861

■

taxes

State

Interstate,

....

In Thin

represented wholesale merchandising.

oAllen & Compan y

total

the

'Group
'
$13,374,603

sales—

on

income

Interest

the

The remain¬

Purchasing of almost all merchandise is conducted!, by direct
with the manufacturers and producers It isi believed
none of the past five years have any of the companies

"

.

sold.:---

•

.

Cleveland Stock Exchange—

during

"V

Total

of

and

Certain

which

1946

by

adm, exps.

&

profit

offering)

"

.

The

sold

—

goods

gen.

pro,,rata

addi¬

'"

.

of

Other

of

be

2.2

in

be

to

sales

.

plan

and- there

will

100.0%
are

from

:

.

Detroit Stock Exchange.,.-*
Los Angeles Stock
Exchange——

gotiation

f

Net

Pack Shops and
to. Sanitary
in exchange

"stockholders,

.respective

of

in

close

the

will

.5

$20,503,443

fountain-luncheonettes

under

the

issued in the acquisition of
Sanitary (as enlarged by its own
prior- acquisitions),, both Berlo and
Sanitary becoming Wholly-owned

proximate 50% over-th-counter (including candy stands, news-stands,
popcorn, cabinets, fountain-luncheonettes, restaurant, drug store and
miscellaneous), and 45%

and

.

3.7
>

129,870

.

estimates

were

--

3.9

449,479

——4

drinks

to

step

exchange

4.2

784,190

sundries—

Total
•Soft

tion

.

outstanding-'stock

—

companies

Sanitary

85,5%

_L—_-I

tobacco,

.Newspapers and periodicals,—.
•Food, soft drinks and ice cream
Drugs,

next

100% ;
of

Percent

857,417

that

underwriter,

purchase

"

1

$17,524,304

stock.

common

agreed

-

business on Sept. 19,
1947, there were deposited
3,098 shares (96.8%) of Berlo's outstanding
capital
stock, and 102 additional shares
were subject to the holder's

:

,

and certain soft drinks;—

gum

1

•.

as~the- surviving -corporation--after

-

-stockholders

fiscal

Amount

Confections,

taken

of -Sanitary's -new .common..stock;

of

mer-

provides

the

to

will

Berlo

.

Group)

1946:

year

.

and

are

lexcludiing

within

ended

vears

is

which

sell

—Year Ended

outsl&uding debentures at their principal amount -of
$47,224.$t pJus^ accrued interest; and will then, have
no securities
outstanding exoeptvits-n?w- common stock//:
^ >'

grouped about the larger centers of
machines, candy stands, news-stands, etc. '
are
accessible to large numbers of
people,-resulting generally in a.
high volume of sales per unit.
The companies managements are con¬
stantly engaged in surveying localities to place equipment Jn locations '
readily accessible to larger segments of the> buying public.
>:
The

of

stock

common

the underwriter

COMBINED INCOME STATEMENT

merchan¬

,

of

,

stockholders at $6.50 per share an aggregate of 145,000

„

'

consist

other

.

companies'' outlets
population where vending

stocky

subsidiaries.

the numerous vending machines and
stands - at
outlets
hereinafter described. : As
indicated below,, by far
important sale volume is in
confections, gum arid soft drinks.
is an ..item of growing importance.

The

stock

*702,772 shs.

companies
and

shares

its

stockholders, will

and

*

Cost

and
Schenectady - by virtue,
Sanitary' will""have"'Pacific"arid

and.

At

of

None

shares

657,638

Co., New York- as-underwriter, "ha$
agreement with the company and wi«\

underwriting
of

not Jointly,

Sell.,

by selling .stockholders,
sale by the company.

transporting confections

taken,

been

h'avtf been

Criterion

two

Outstanding

20,000 shs.

have

these steps

under

capitalization

1,000,000 shs,>

^

but

an

selling

and the selling

of Sanitary in place of "the various" securities
previously held by them;
Sanitary, will be the siicces'sor to the'" assets arid "business of

the

.

Authorized
Common

plan

company's

of

&

,

exchanged

'shares

new

the

finding
directing

all/the stockholders of Sanitary," Pack Shops,
state, Criterion, Schenectady and" Pacific "will* hold new common

/'

allocated

of

V

;

total

a

^

net proceeds to the
company from the sale of shares offered
estimated at approximately $231,500, will be
applied as follows:
expenses, $150,000; general corporate purposes, $81,500;

$231,500.

'

Sanitary will" pay" off

Organization
total.

amended

as

,

steps

Transfer-oT-alhV the

continue

By

-

and "no

approximately
#£.34
jter share for 602,998 shares, and approximately $8.42 per share
for 54,640 shares.
The purpose of their offering
is to distribute a
sufficient amount of common stock to
permit the creation of a public
market therefor.
by it,

organization

of

into

holders

Consolidation, under the New York Stock Corporation Law,
Interstate,--Ciiterrob" andv Schenectardy into • Sanitary which will

of

offered by the

ABC

of

valuation

a

steps

"(c)

Automatic

of the proceeds therefrom will be received by the company.; The
offered by them are a portion,
approximately 18.2%, of the
aggregate shares which they will receive from the'
company in ex¬
change for their stockholdings in Berlo and the
Sanitary Group
when

preliminary

-

shares

to

entered

and

board

for. shares

...

part

;

for
.

certain

approximately

adopted V resolution ordering the plan to be carried out.
the plan provides for the following
preliminary steps:

Pachic; by...thai*-

"

;of

sold

accounts

purchased

companies.

the

class-of-common

(b)

it.
Certain
outstanding* stock
at this time,

now

ABC

,

(a) Recapitalization of Sanitary-so that its
presently outstanding
preferred, class A and class B" stocks will be reclassified into, a

acquired ' by

wholly

50%i -Group,.'t- have"
which' will not be acquired

each

of

requisite
general

single

by
magazines,

Sanitary

preliminary
plan.

necessary

directors
In

principal groups;'Berlo Vend¬

subsidiaries

all

The

,

of

products, newspapers,
more fully
described hereinafter..

"Sanitary

*

50%

PURPOSE—The

selling

into

wholly-ownedi

and

companies,

Interests

divided

are

of

Group
30

ORGANIZATION—The plan

consummation

1947,

states

items

80%

Sanitary

confection, supplies from

OF

of

stock.

UNDERWRITER—Reynolds

.

"America's

26

The

the

subsidiaries
common

the year 1946 the Berlo
its confection supplies from

Corp.,

vending machines which
of public assembly. • The

places

populous
District of

include

novelties

by

that

one

\.,

.

.

The

ing

and

theatres

States

companies

soft

stands

operate

United

the

at

confections under the slogan

approximately

and

any

MISCELLANEOUS

-

during

Criterion Concessions, Inc., Pacific Automatic
Candy Corp.;, Schenectady
Pack Shops, Inc., and Pack
Shops of Connecticut, Inc.; and if the
board
of directors, of-the
company shall
adopt a resolution

Trust

January,

the

'■>
that

4, 1947 provides that it will become effective if there shall be
deposited thereunder more than 80% of the outstanding capital stock
of Berlo and all of * the
outstanding shares of each class of stock of
Sanitary Automatic Candy Corp.. Interstate Automatic Candy

that
was

its

of

merchandise requirements from

by. cost.

estimate

Sept.

purpose of acquiring the ownership and control of
vending
businesses presently conducted
by various companies.
The two major
enterprises to be acquired by the
company conduct vending businesses
which have been under their
present managements for approximately
20 years.
The principal business of these
companies is the sale of

Best

companies

PLAN

and Corpora¬

Chemical

purchased

v

the request of Reynolds &
the listing of the common stock

Manufacturers Trust

Co., Jersey
York, N. Y.

75

70%

upon

procure

managements

Group

Exchange.

COMPANY—Company
for

agreed

efforts

Curb

Trust

Co.,

best

York

of their

measured

as

*

stock

INSURANCE

-

per

;'.

,

conditions

date, the

(and, not, part)
the corporation,

share,
•

;

.

.

and

>

-

a

and

provisions

underwriters

of

the

total

warrants

are

of

the

severally

agreement,
obligated

to

following:
of

to

31.940

shares,of
purchase In the

; t * i.. i-f

common

stock

aggregate'*'an
i 11'; I s i i : •.
i
-

■A

(1250)

1

-.

for such

warrants.

Other

.

sare

as

,inA_

.

commitments,

and

"The

State

Co.*
Investment

—

:—

10,000
'430

—

6,000
Tattersall & Co.
:—4
3,000
Amott, Baker & Co., Inc.——
2,500
lteed, Lear & Co.—*
2,000
"'jlohawk Valley Investing Co., Inc....
j
2,000
George R. Cooley & Co., inc.^.-^--,----^-,—-COMPARATIVE INCOME STATEMENT
.jBEall,

Electric &

Jan. 1 ,to May
to June 30,

Operating

4,061,081
450,381

401,099

417,949

$427,485

$192,399

'68,858

$813,874

$597,634

profit

—/

Total income

—

Other deductions

assets

-

V.

163,

»

73,005

Divioenus

———

Int., diva, from hcs. other thhh Subs.,
misc.tipc., jess misc. thbrges
Pro.it

$151,196

Total income

1344

Total

,T

income

r

$2,938,604

-T-f-f-;-

.

& foreign

iProv. for Fed.

-

-

618,108
14,177

Co.—New Director—
: c
Barclay Robinson, a member of the law firm oi Robinson, Robinson
>#'*ind Cole in Hartford, Conn., on Sept. 12 was elected a director of
this company, the Aetna Casualty, & Surety Co., and the Automobile
3fnsurance CO:, to succeed Edward M. Day, who died, on May; 2.
Mr.
Robinson, is-also a director of,.the. Standard Fire Insurance
Go., the First National Bank of Hartford and the Billings & Spencer
p.'

165,

Co.—V.

Net

,

1445."

CoDsok vnet, income___
cum. Coilv. pfd. div.. '

.,.

Earns,

shr.

per .com.

112,560

Sept. 15.

871,487

U.

989,512
980,503
$0.57$1.39
$1.48
estimated renegotiation refunds of war con¬

.

The

-

Interest

.

1947

30,

JUNE

ENDED

-

-

ihcqme,

;

,,

Profit

413.

1

Alden Wonderall Co/, St. Louis

for

for
■

....

Sept 8

;

with

...

•.

•

■-

•

•

(par

....

The

*Net

profit

Com.

shares

lEarns.

share

com,

per

Federal

*After

ments.—V.

-

$0.37.

'

income

.

i

$3.01

-<

The

common

Oct.

V.

15

Oct.

On

^tvill

have

directors

The

*

.

be

165,

stock
to

10,

each

for

common,

a

share held.

of

has

total,

$1,963,492;

The distribution

stockholders of record Oct.

the usual quarterly cash dividend

paid on
2406.

the

common

stock

to

will

;

made

"

to

increase

date

a

be

to

to

$33

share^the

a

after

fixed

used

Hallgarten

&

Co.,

York.

New

Proceeds

Light's

'American

Pipe

Line-Cor ^
Logan,..representing

G,

A

Declare

Increase

price it

♦,

1617

be

'

$25

share in
'• - '

a

i

two

future

This
.

'

would
....

add

the pipe

and

should

requirements.—V.

162,




p.

$8

.

/

.

-

,

'■•••

"

any .new

must

plan goes

J.

Sept. 30, 1947.
agent of the corporation..
will receive any tenders made-

City,

but

where

a

share

fractional

payment in place of it/wlIL
in the case of American

exchange,

of $38 per share

a

that

company

an

would

stockholders'

common

independent
go

&

Dye

,

Into

the

Overseas

]
;

'

activities

'op¬

group,

'

Pa.—V.

3,

Inc.

Co.,

1041.

166, p.

Common

—

proposed

,

Stock

to

be

"If

hot,
J *

p.

1145.

the-

oy

i

..

.

of
of

...

stocks of Community Water Service,
.
" •'
*
Works. & Electric Co., Inc.*
sha.re-for-share. basis. Any shares not taken
be purchased by - the. underwriters. See also

a

will

....

Electric Co., Inc.—Output—

of the electric properties of
Sept. 20, 1947 totaled 99,446,000

output

Common Share in

incrdasfen of
i'"

Smelting Co.—Earned 38 Cerits

Second Quarter—

•'•!'

'

'

ended June 3®, 1947,- the company earned/.
share, as compared with one cent per common
the /corresponding period last year. Through error, these two
per

in

common,

appeared in the wrong columns

166,

• an

correspondihg/weelc

three/ months

the

cento

V.
^

kwh.,

M

American Zinc, Lead &

share

this company Iqr, the-

89,845,200 kwh. for the

the output of
of 1946.—V. 166, p. 1146.
over

figures

1042.

p.
L

.

/ J

in our issue of Sept. 15] Se?

„

.

Anaconda Wire & Cable

Co.—Earnings—

-

*. ,*

*,1947,
1946
1945
194$
$4,638,251
$378,949
$533,946
$698,$741
,•
fEarnings per share-*—
$10.99
$1.37
$1.27
' $1!.6<S
j
"After air charges, including provision for Federal income taxes and
contingencies.
tOn 421,981 shares of outstanding capital stock.—

I

to put

;

for sale Sept. 25

„

1146.

ended

10.70 %

38

%3

Mos.

*Net

,

tend.

June 30—

income

V. 166,

the Whole
i

up

associates

and

one received at the sale, offered a price
2,687,069 shares, less an underwriting commission

be]on

will
p.

Povver

week

For

permitted

Corp.

Boston

only
.

stockholders
168,

-

I
Airlines, Inc.—New

166,

for

'

:

,

public holders of preferred

to

per

line '

pipe

;

'

/
going

line,"

in Scandinavia.—V.

Works

American Water Works &

p.

257.

Products, Inc.—Rights to Stockholders—

Anchor Post
;

Appointment

Joseph D. Ryle has been appointed European/director of public'
reratfonl/'it is announced by Beh Wrrght,. (director.,.of publlo>felations.^ •
Mr.
Ryle succeeds W. Holden White, who is resi&n'nS becahse
health,
://
.'/...
..";:dui
' A :.••'? j i
Mr.
Ryle previously organized American Overseas Airlines' public
-relations

Number of Offices;

and Ohio Cities Water Corp,
offering to holders, of. .American

Co.

by

j

Mr. Dern said.
out the window."—V. 166, p. 1041.

American

a

.

a.

common

board should deter¬

_

'

share

and
■

line financing program were in. fact an entirety new
be treated ns such, and not" as 'a modification1 of

into-tha .pipe

Blvd.] Philadelphia

Water

& Co. and Tile First
issue of common Stock put

new

,

issues,..
: if American Light is

Corp.—Moves

share.,
/.
.
"The new stock will first be offered for.Qash at $8 a share to com¬
mon
stockholders of. American
Water Works & Electric Co., Inc.*

also sought to delay consideration of Amier-

know

Viscose

Langley

the

a

■

.

t

for

•-

N.

issued,

be

the

the rate

on

Jersey

from

cents

50

V.

Dern,

$25,000,000

...

2009.' ."

at

The

-

raise

company will offer rights to
at the rate of one share for
another 100,000 shares to-the

remaining 200,000 authorized shares would remain unissued

under

for

company.
Their
bid/the

reorganization.

plan.

pending

"We

.

of

will

shares

called
in cash

C.

won

proposal-to ptit $25,000,0OO Of Cash into "Michigan-Wis¬
Line without serving hotice on
all interested parties.
Cook, counsel for Allied, argued the amendments covering:

>

held.

amount outstanding.
The

,

shares

Bank

National

Pennsylvania

W.

,

counsel for American Light, said the company wanted
to-expedite the proceedings by ptftting the amehdrrfcjrts 1n now.
He
added
the
amendments
merely implemented the plan and did not

will be an increase in capitalization
from 100,000 shares to' 500,000 shares of no par common stock.
If
♦his increase is approved, Mr. Hater said, the directors plan a 100%.
atock
dividend, which would increase the amount of outstanding

each

Light,. and
the

Chemical

A.

John

-

Following approval of the above, the
atockholders to subscribe to new shares

Power & Light Co., 35
would be exchanged for each share of

cash

Awarded—

retire¬

Pipe

part of
the

100%

200,000.

in

expires at 3 p.m. (EST)

American

Light's

Alfred

special meeting of stockholders will be held some time in October
a
capital expansion program, H, J. Hater, President,

to

holders of

to the

_

to pay

;

Allied

consin

authorize

announced on Sept. 23.
The first step in the program

ahares

whether

plan

Capitalization and
Stock Dividend—Rights to Be Issued—
to

exchange options

two

Thb offer would ,'••

covering part of the financing of its pipe lines] ineluding purchase' of $25,000,000 Of common stock Of the. new Michigan-

ican

for additional working capital.-

Plans

fo

will

offered

corporation on Sept, 19 began moving several of Its principal
Wilmington, Del., to the Broad Street Station Building at

This

Light

mine

Aluminum Industries, Inc.—Files with SEC—
company on Sept. 17 filed a letter of notification with the SEC
for 2,295 shares (no par) common stock to be offered at $25.50 per
Underwriter,

.

Wilmington to Philadelphia—

offices

the SEC approves

venture.

The

share.

be

1

iatest offer7 however, ran into'opposition from a group of com¬
stockholders..—They also objected to other amendments filed! by

patent,' United

••

■

$43,620,430; surplus (substan¬
total, $243,769,276-

$31,457,254;

shares Of American Gas & Electric Co., common

and $6

fractional

made

/' j

—

payment of $33 a share to the preferred when the ch^ter
provides a liquidating price of $25.
He said such a payment would '-*
require a vote of stockholders on a change in.company's charter.',
provisions, and. that the parent United Light should not be permitted
to
participate in such a vote.
He
also
argued American
Light should be segregated from 1 its

of 25 cents per share
of record Sept. 29.—

holders

salaries: "

$23,668,290;

payable,

B one-half shaie of American

stock

American

senior stock.

Wisconsin

'

3.

p.

sub¬

exchanged for each share of preference stock tendered.

be

option

From

The
mon

share

be

than

other

$36,- '

Traction Co.—Offer for Preferred

offered

from

days

American

require¬

additional

one

materials

.

-

option A l'/a

First

No

be

.

J.'ght &

received dn

be

to

Stock Distribution—

distribution

purchase'

Superpower Corp.—Makes Exchange Offers

Exchange

would

*

*)

retire it's outstanding preferred stock.
30

the

Arthur

declared

surplusi,

earned

Place, Jersey City,
under the above exchange offers.

posed

Inc.—100%

Industries,

Is

corporation has

The offer

.

1717.

165, p.

Allen

companies

1193.

would,

One

-

355,181

dividend

preferred

fAfter

taxes.

sale,

tneir

preference stock tendered.

The /higher

1,085,270

2,068,027
355,181
$5.35

drafts

and

(2,191 669 ho par shales),

which

p.

Under

■'*
■
l'
offer on the preferred was contained in an amendment
to
^its-plan-before the~ SEC. Other parts qf the amendment call for
the company ~to purchase, at "per value of $14 A share 285,714 shares
of ;.thq,:subsidiary,, Michigan /Consolidated
Gas -CO./; and for ' the top
parent, United Light & Railways Co., to offer its common stockholders
the right to~ purchase mrt'*iess^ than 500,000 share's of commbn Stock of American Light-whiclr the parent owns.
■
t
i
United-.Light alsg_agree_s_within two years after the plan to dispose*
of its
entire interest in American Light and in. stocks of comp&rties
of

ment

——12 Mos. Ended——

767,717
355,181
'
$2.11

of

preferred

_

surplus,

earned

153.

p.

the, company's reorganization plan.
American-Light Originally had offered

June 28/46 June 27/47 June

355,181

for

preference stock.

stock

share

.

212,963

——

outstdg

•

stock

all

Under

1947 '

JUNE 30,

contracts

existing

on

concentrates, etc., received for
not settled for $3,690,203;

but

accrued, $1,115,497; due to subsidiaries not consolidated.,
dividends payable and Unclaimed, $2,033,600; taxes accrued,

164,

The

its

;

SHEET,,

'■

company

extend'for

28/46
$35,752,814 $30,155,704 $75,708,279 $56,995,767

Sales

$2,882,092;

166,

will pa.V' to

;

'80,000 shs

6 Mos. Ended

June 27/47

Period—

BALANCE

/
,

$3,596,041;

surplus,

;

Aldens, Inc.—Earnings—
.

$0.55 a common

or

I

Stock Raised to $33 a Share

'

'

basis,

,

American

Outstanding

Authorized

' '

—__

oil'ores,

toll

'LIABILITIES—Notes payable to banks and others, $10,395,000; acGas & Electr.c Co., common stock or $100 per share in the case of
American Power & Light Co., $5 preferred stock.
'
payable and accruals, $292,648; dividends on cumulative preferThe corporation owns 21,500 shares of the common stock of Amen—
stock/ payable July 1, 1947, $56,781; debentures redeemable,on
can Gas & Electric Co..
and 5,000 shares of the $5 preferred stock cf
Dec.
1,
1947,
$500,000;
thrifts accounts—principally officers
and
American Power & Light Co..
' :
.»
employees,
$190,293;. taxes payable and accrued
(est.), $1,505,441;
The asset value at the close of business on Sept.
16, 1947 of thev
deferred
credit—unearned discount,
$135,806; , 10-year 2'/2%
sinking"
fund • debentures
due Dec.
1.
195<v $9.500 000;' subordinated
3'/»„ corporation's preference stock, was approximately $67.50 per share,
based on market prices of the securities owned, but without any de¬
debentures
due Dec.
1,
1957, $3,000,000;
5% convertible preference
duction for the cost of Selling ^uch.-securities.-4-V.
stock —($25 - par),- $4,543,175;
common
stock
($1 parri,- $1,Ojo,268;
166, p. 1146.

■

80,000 0hs.
PURPOSE—The $64,000 net proceeds, will be used by the company
lor the improvement of working capital position.
'/• r f
stock

Capital

based

values

on

American

$0:85

——

—i—j

•

costs), $544,751; total, $36,030,996.

paid-in

-

FINANCING

PRESENT

u

profit of $712,638

$316,038

wages

—V.

$964,935),

t 030,996.—V.

The

TO

EFFECT

GIVING

•

reiund

,

■

products include: play
overalls, slacks,, slack suits, butcher boy suits/ sun suits,, shortie-alls,
coveralls, baby binder, zipper jackets/ waterproof coveralls, etc.
'
Company sells its product direct to the .retail store through its own
sales representatives who are paid on a commission basis.
Salesmen
ore chosen who handle othei'. items of children's apparel of like quality.
CAPITALIZATION

tax

(not

'

BUSINESS—Compan^

of Standards measurements.

Bureau

profits

(less reserve for doubt.ul accounts,

stocks

ence

<

S-

share*

net

a

months of 1946.

CONSOLIDATED

•

on

S.

U.

(Valuation

counts

.

1946

3,

—__——1—■' $1,016,493
1—
1,066,268

per ,common

"losses,

ment

.

«f

;"47

$41,075,020), $41,120,116;
bonds, $766,589; accounts

quotations,

securities of and advances to
$31,211,112: total, $246,769,276.

common

instalment, rtotses receivable < less reserve
$31,126,786; accrued interest receivable, $355,057; investments and miscellaneous assets, $218,552;. furniture, fixtures,
and office equipment (less reser ; for depreciation, $187,326), $189,810;
deferred charges
(Including $331,252 unamortized portion of develop¬

Park, Minn.—Stock Of¬

was incorporated in Minnesota
with'authorized capital of $25,000. Business is an
outgrowth of a partnership 'between the wives "of the two present
principal executives, Alden Elstrom, President, and Charles W. Pauly,
1
(Secretary
:
.
',
.
i'
I
The company is Engaged in the manufacture Of children's play
clothes, sizes 1 to 8, featuring certain unique ideas such as drop seat
construction
(patent applied fori, no buttons but "grippers" which
<3on't come off in washing, sturdy construction
with double seams,
seasonal styling, full adjustable lit, Size measurements according to
April

51,470

butstanding-——

ASSETS—Cash,

'

:

30,

$13,637,820;

premiums

not
due
(including estimated U. $. and foreign taxes on income),
$27,660,711; treatment charges unearned (metals treated on toll basis),
$1,125,135; miscellaneous liabilities. $1,537,643; reserves, $34,161,2)5;
7%
cumulative non-redeemable preferred stock <$100 par), $50,000,000;

—

-

shares

V

for

.

^HISTORY AND

markpt

LIABILITIES—Accounts
and.

others—229,658
583,723

the firsi six

:

:

shares of chmmon stock ($1 par) at $2 per
share.
This is a'speculative security.
This offering is
confined to residents of the States of Minnesota and
Wisconsin. :
:
'

t

deposits,

.

$38S,120;

(esc.I—

taxes

income

income

°Nct

Common

offered 37,300

•

le^s >amorti e.i

supplies, at cost or less, $11,827,943; miscellaneous assets, $5,314,land,
buildings, machinery and equipment, mines, etc.
(net),
securities of and advances to subsidiaries not consolidated,

sidiaries,

$1,778,411

,

offices deferred-..——

payable to banks and

notes

on

Earnings

i

fered—Holley, Dayton & Gernon, Minneapolis, on

>

JUNE

demand

excess

metal

conservative

813;

—-.-i-i——: $1,829,881

Provision

sold
part

y

,

—

——

*

deficits of newly opened loan

"Compares

i

SHEET,

and

cost

at

i.47,

30,

Government

tially

Albany & Susquehanna RR.—Definitive Bonds Ready
;*:r Definitive first mortgage 2% % bopds dee by'.extension April 1, 197 V
®re
available at the Chetfeical Bank & Trust Co., New York, N. Y./

(.

$6,466,747
$2.15

$44,217,630;

$4,239,588
2,521,177

J-

—

the

./■

;

$1,867,778
SJ.Oo

and

BALANCE

hand

on

securities,

treatment

and

,

receivable——1

notes

Total

;

'

announced.—V. 164,

from

etc.,

Expenses

Interest

,

refining

sme/ting,

June

cn

S.

or

FOR THE SIX MONTHS

INCOME

CONSOLIDATED

OF

STATEMENT

*

Co.—Registers with SEC—
The company on Sept. 19 filed a registration statement with
SEC
covering $10,000,000 20-year first mortgage bonds to be
through competitvie bidding.
Proceeds- will be used to finance
*>f its.,expansion program,—V. 166, p. 945.

f

$20,896,033
share—$8.. 1

common

$2,847,354; advances

'

Net

Inc.—New Treasurer— -v - •
.elected Treasurer.—V. 164,- p. 2953,

Alabama Power

-

1,44,2*,o,iaT

including metals treated on toll basis>
less unearned
treatment charges,
$62,258,337; ores and concentrates
on
hand at mines and in
transit to smelters,
at cost of production

investment Co. of Illinois (& Subs.)—Earns.

American

*;

t;

TJ.

116,627

$1,849,360;

confirming the same", it was announced
authorized number of common shares wis increased

Air Products,

on

per

$28,02V,914;

American Gas Macnine Co., Inc.—Plans Stock Split—
The
stockholders
will vote Sept, 30 on approving a
proposal to
split up trte .no, par, \a.ue class. B common stock on an eight-for-one
basis.
At Jan. 31, last^theie were outstanding i.3 395 shares oyit of
nh authorized issue cf 25,000 shares.^—V. 166, p.
153,
'
. ) '

shares
meet¬

Jtaymond F. Hart has been

:

84,211

52,011

.

12,6oO,uxd

lmvte.i.i

on

,an£. notes receivable

164,

135,000 shares to' 600,00 sharfs.
share certificates are available at

it Is

1,357,844
1,367,508

etc.

based

137,103

6r

**
the offices of the company's
transfer agent. National Trust Co., Ltd:, 20 King Street East, Toronto,
Ont.; and
225 'St. James -Street West,
Montreal, Quebec, Canada.
—V. 166, p. 561.
'
"
.
..
4

,

1,8/1,553

—j.___

i—

Government

$1,601,314

New

"

1,919,769

ASSETS—Cash

$1.61

*

provision for
p. 1198

tlncludes
tracts.—V.

.supplementary, letters

Sept. 4, 1947, and

ing of the shareholders held
patent have now beeh issued

'

173,255

-r

—

mines,

come,

15,810,360

$.1,511,513
137,118

$704,585

.

91,965

740,103

dividends

Common

Ltd.—Stock Split-Up—.
value Into

Agnew-Surpass Shoe Stores

j The proposal to Split up the: ccmmon shares without -par
common shares without p.ar value on the basis, of four hew
for each one old share, was duly sanctioned at a special general

from

32.7.97

including stale inc.

CONSOLIDATED

f4,600,006

489,003

$1,801,026

5%

*

J --

*iew

on

176,335

etc:

manufacturing plants, from sales
of
metals, by-products and manufactured products, and from treat¬
ment of metals of others,
before deducting administrative and .genelal expenses, corporate taxes, depreciation, aepmtion, taxes on in¬

$6,111,519 ,$7,411,575

1,137,578

tax;--*.-*---

433,334

taxe

1,662,40J '

.

income.

/

..

l,4i8,BSx

336,653

expenses

investig.,

foreign taxes

Earned

.

•

&

$7,201,901 $15,884,354:

1,070,91J

business

franchise

S.

"121,92®

examina-

mine

Depletion
L.

502,0^1

109,0o2

781,61)

research,

new

220,89®

652,643

.

$38,194,013

r_

_'_S

-

194p

1946
253,8^0

Dru,60S

Ampr.ti ation of emergency laci'ilties

2,48*,090

-$1,194,193

-

.

i

1

Aetna Life Insurance

1

for

Depreciation

.

-

'

Administrative and general

$3,651,775
$7,015,365
469,745,-. - -.3ao,56'J

—_

income

not

suns,

investments..

on

and

542,129

$352,064

$2,259,8^4
(net).—678,709

Profit

Othei

lroin

Corporate taxes,

591,148

\

'

$6,186,304 $14,953)512

£09,$89

.■»

/

was

,

vand

tions,

2,73^,2-4

261,271
,,10,953
2,560,98/

334,053

10,191
2,520,133

,

Co,

4oO,7Uo

Lxps.

1945

,

Light

&

Power

,toiis6i.-__

".r.

.

week of
189,01b,o0j kv/fr.

the subsidiaries for the corresponding

fended June 30—
1947
I,—i..—___—$36,936,321

6 Months

bEarnings

0Oi

-

•

i

*

„

p.

'

,.*

,

•

American Smelting & Refining Co. (& Subs.)—Earns.

,

$27,930,3G§ $17,374,725 $55,275,058 $37,510,396'
22,506,094 13,88-,,4'iJ 2b,235,443
27,3ul,0o4

plants, ma¬
chinery vfe equipment-*
Amortization of- parents.
Cell., adm. & geu. exps

53,588

269.

p.

'

1946
,

„

,

Subsidiariesi

If,6,

■

•

.*

Florida
1145. -

including

—V.

of

Deprec.

"392~850

$311,989

'sales

of

Cost

...

allowances

&

returns-

/ 30,024

Cr233,952
659,831

X7.034

$134,070

-$251,320

INet-;inoome;

•

'rit

T53_;682:-

/

takeS

Federal

for

76,342

——

Profit sale capital

$261,257
50,151

$481,345

—

discts.,

Gross sales, less

4,351,408
286,647

1-47

June 30—..

6 Mos. End.

$567,610

53,860

$763,761
1 j 50,112

sold

income

Pro V.

3,176.15,5

respectively.
System lhputs of

1946,

Inc.—Earnings—-

Canadian

and

Domestic

(Including

$5,205,665

$5,604,341
4,422,630

upon

18,

this, company,

kwh.,

Co.—Ruling on Rights—
registration uiioer the ioeouniies Act of

Brake Shoe

American Chain & Cable Co.,

$3,769,654

expenses

Operating
Other

from

$4,938,949

allowances

Cost of gods

160
160

December 31—
1945
1944

"1946

sales, less returns

and

200

Ending

—Years

JUly 1,'46 tO
June 30/47

.

Cross

240

Manufacturing . Co, for years 1944 1945. and
31, 1946, and Acme Electric Corp. from June 1
1946 and from July 1, 1946 to June 30, 1947)

1047, the System inputs of subsidiaries
excluding Florida rower & L ght Co., was 195,377,00®
kwh. No report was received frcm the. Fldrida company for that week.
Florida Rower & Light /Co.,
inputs for the corresponding week of
1946 and the wbek ended Se/'c. li, 1047 wcVc 16,947,000 a.id 20,302,000
For the week ehdetl Sept.

.

effective
1933 and the making of ah offer by the company, holders or common
stock of -record at the'close of business on Out. 1, lo4 7, tsr?a,. nave
the right'"to SubJcribe, for a period of approximately 15" to. 20 days,
for new, cdnVertib.e preferred stock, of $iu0 p..r vaiue,
to the- cx«ent
of one share for each liVe glares of common (.tick Mid, ...The • S0b'scrlption price and the ttrnis of .the new. convercib e pre.erred stock
are to .be. determhied shbrtly before the
orferirig is. made., ,
.
; , t
The New York Steak Exchange directs, • subject to- the, offering bcir.g„
made, that the common stock be not quoted ex-rights uiun .urUvjr
noticp and that ah certificated 'deTvered-arter Oct. 1, ly47, mu,t be
'accompanied by cfue-biLs.—V. 166^ p. 1041. . , / /
Contingent

Input—

Ahierican Power & Light Co.-—Weekly

-

of

The

6,680
1,280

16,000

year,

Ant ed can

Warrants

20,123

Inc

Waddell,. & Co.,

;SE,yle

i-

last

to Purchase the
and warrants

Herrick,

-{Acme

(ahd July

to^ the Mn<*

part.es

together
€1,623

chares

Kno

..

agreement as underwriters and their several
with that of .the managing underwriter,
shares of corfimon stock subject to Commitment
follows:
Shares

•-writing

;

■ &

.

Corp.—Declares 25-Cent Dividend
declared a dividend of 25 cents per snare
and common ,class B Stocks,•, payable Oct.
25. A Lke ahiotnt was paid on April l
1, last, and in each quarter Jin 1016. In addition, on Dec. 31,
art extra of 23 cents was disbursed.—V. 166, p. 6j7.

On-Sepfc>48, the directors
on the outstanding common
1 td holders of record Sept;

total of 29,683 snares

two of the selling stockholders a
stock at. $4.25 per share.
dealers
in "securifes •have become

common

"•

"i

i.I

American Bemberg

purchase

stock at an aggregate

or common

From

(b)
<of

$1,000

of

jprice

ghares

10,000

additional

Monday, September 29, 1947

CHRONICLE

COMMERCIAL & FINANCIAL

THE

£

The

of common jstock, par $2,. of. record Sept. 29 will' bet
right to subscribe 01 $6 per share to Additional cominoiB
tlfe ratio' of one additional share for each five common

holders

offered

the

shares

in

I '
«. •- i1"' "
.
.-.*
>'t"
Subscribe fw.ill- be exercisable atv:The Empire Trust Go*.
Y., and will, subscribe at 3 p.m> (E.S.T.) on Oct, 31*
166, p. 1146.
i u
•
*:

shares held.
Rights toNeW

York,

1947.—V.

.

N.

Volume

166

Number 4633

THE

COMMERCIAL

&

FINANCIAL

.RONICLE

(1251)
^\ro Equipment Corp.

.

Wi'liam

Pump
D.

the

A

like

In

amount

i

Sept. 19 declered a dividend of 15 cents per share
payable Oct. 25 to holders of record Oct.. 15?
paid on Jan. 24, April 25 and Juiy 25, this year.

on

common

stock,

was

1946, only one paime.it of
166, p. *6,2.
'

50

cents

share

per

—V.

made

was

Jan.

on

Director—

a

Sept.• 23, -the

share

the

on

directors

common

declared

dividend

a

of

Associated Dry Gocds

<

Total

net

Estimated

inetnqe

Estimated

•

Earned

per

Federal

Share

wi.h

(lees

through

Proceeds

will

Mode

until

action

later

tained.
The company has been
paying 40
ter do. and including. Aug. l, 194.7.
:

$4,030 000
$2.71

14,925,000

-convertible
s~> u

t&o

temporary

relief

rate

The

preferred

15,300,000

received
•.

■6

C

the

decided

to

apply

;

immediately

to

Months Ended

Junq; 20—

.

r

•

(&

.)>htu;ei

:. Avco Manufacturing Corp.—New
Appointment—
Stanley

'1-A1

chain's

Social

the

15

oulIcL—V.

retail

,156, p.

1042.

.

-

security,

property

DepreciationRent

and

stockholders

Nov.

on

10

11

w

vote

on

a

proposal

to

change the
each, to 568,-,.

outstanding common stock from 142,177 shares, par $1
708 shares, par $3
cac.i, in order to effect a four-ior-one
The

increase

from
V.

in

paid-in

capital is

account-

surplus

effected

be

to

to

capital

163, p. 66.

1

'

Total —'ii_Y—a—
Dividend paid in

' '

Y.

?

-

Baltimore & Ohio JRR.—rHolder Loses Suit—

•

A

New

York

stockholder's

attempt to halt

plqn of the .road failed Sept,
tlie

adjustment

under

-

ihs -o

onkrupecy

r

lered
shares

held

ing

the New

on

he

at

shares

,

the .United

$140

share-

a

York

of

in

Canadian

.Assignable

United

subscription

Oct.

and

6

funds.

from any resident
States

rights

will

will

for

Stock

each

that

7 ho

Total

been

has

sell¬

headed

block

a

stock

new

by

A.

E.

at

$4.05

with

will

expire

.an

at

stated

has

their

mailed

close

the

rights

to

of

Ltd.

right
•

stockholders

basis

Pre ident

of

of

subscribe

by

on,

Oct.

on

27.

to

subscribe

$164.75

for

an

braceS

dealers

Ttlephone &

one

•Telephone
>Tt

stock

has

rights

Johnson's

has

to

way

ccatt To

coast,

investment

the

owns

letter

announcing

that

the

very well received.
the .sale'of thd hew issue

of

syndicate's

shares

will

be

being

mot'ves.-

Bendix Aviation Corp.

and

(&
'<

•

.

taxes

$1.75G;538'Capital shares outstdg, " ' 2,117,453
Earnings per. share—Y
•
$0.33
^includes

appropriation

an

tingencies and

$1,400,000

of

including
tingencies

appropriation

v

On

of

record

1, last.'

15.
•

•

An

$9.10

tax

the

the

carry-back

tax

the

Co., Inc.—Dividend No.

■'

■

distribution
'

of

"

'

like

pi

'

'

e

-

on.

Sept.

20

announced

1.

•.

.

-'

pars

4

and

*

52. loco-

u'

.

cars and

76

locomotives,

as

$24,000f000-worth

earlier from an
appropriation, made
.orders- .announced'on
Sept. 20

the

FOR

THE

SIX

MONTHS ENDED JULY

31,

......

income

before

;

lighter Pacifies

"Net

taxes,

profit

Earnings
—V.

income

per share on

166, p.

:

504,000, common sh§. outstanding.___ ■•'
......

,

"

See

below.

In Dive Tests
,

-

Co.—Stratocruiser
---

;

r-

.-

Tops

$1.31

during

'

-■

.

.

•

.

...

.

.'Plans
a

Ohio,

for

Eiivision.
,

construction

of

a

$120,000

Tfte, laboratory

will

be

used

for

testing

fuel

new

dcrp.—V.

site,
166,

accord'ng
p.

to

C.

S.

Davis,

1046.

President

of

.

.

■

.

'

'

holders ,of the 6% stock
share,, held, the-five, shares
cash.

■

■

On

account

of

tha

fluctuations
1

I




•

In

tha
1

'■"

■

rates

of

A'A

a

total

to

Canadian
become 'effective

Alberta,

of

&

company

'

.[

4

l94ir

va^e

at

New Laboratories!

of
'

as

,

new

its

new-.'central

and

modern

■

i>

■

v

and
•'

'

,

have facilities

fbr

complete* scientiiic

Vice-President

re¬

140-r2O~u

many, separate labol'atmT.js4
•

experimental

equipment

antl

\

Technical

Director,

said

in

•

laboratories, at Summit,-consists of
groups
chemists?'synthetic organic chemists, dyestuff
chemists,
physical1 .chemists and
chemical-engineers.- The' greater part of the
personnel was. transferred from the
corporatipn's research

at

the

-

Newark,

"However,

N. .J., -and

one

should

department*.

Cumberland,

-

not

draw

Md.;

the

longer carried out at, .other, plapts.
iYin progress there and pilot
plants

are

operated.
is

of

In

Important
with

"~

that

while

the

large

pilot

fs

work

laboratory fa-,
the

at

or

scale

research

development

necessary

general, the research work
exploratory nature-carried

basic

a

-small

or

plants.

conclusion

no

(The) Celotex
Bror

out

-research

plants

central

jn

labora¬

work

at

with

or

th®

plant,

»•

Corp.—Proceeding

With Expansion—

Dahlber^,

President,
on
Sept.
17
reviewed ,,the
company'®
progress in its current expansion
program begun two years
ago. During;
this period additional plants have
been acquired and
existing
improved

n.ing

and

mpdernized. Tuday the
.volume substantially .more

at, a

E>ahlberg stated.—V.

166,

company's
than

are

runY

1945,

of

266.

p.

facilitiesv

sales

grcss

double'that

Mr,

...

...

Central Agnirre Associates—To
Vote on Plan—
rThe stockholders at a special
meeting to be held on Oct.
f

the

adoption

and

its

of

a

proposed

subsidiary,

1947.

10

will

plan of reorganization of this
Aguirre Sugar"
Cov dated Sept,

Central

'j

directors
per

have

share,

on

Sept. 30,

.

declared

the

and

-

preference

the Stockholders

following

on

155,

stock

with

$1.50

extra

an

in

1945.

:

Y

.

1.404.

'

?

to

Y

Y

change

which
the
-

Federal

.

;

taxes

Net

on

and

remittance
•

'i

1

,
.

' r.r

for

income

Income

3

Expenses

"Countries,-.^$42.00
.

per

Y.

i

.income_"_*.3_-—

1

—

income

on

hand

$115,464? BHtmore Hotel
869; total, $8,310,865..

year

must

be made

withheld.

162,

p.

244.

1945

$971,887

149,987

147,913

40,800
266274

410,003

159,800

168,435

$424,125

$195,864

'

30,675
"

1946

$478,199

49,671

1945

75,351

$475,015
75,013

13,303

19,762

24,34(5

119,442

201,423

.78,807

84,273

$184,835

$89,953

$194,355
JUNE

30,

1947

in

banks, $70,332; accounts
receivable,
$510,515; other U. S. Government obli¬

property,

value

of

$6,925,870;

life

insurance

deferred

policies;
charges, $77,-

'.LIABILITIES—Fedei'al taxes, $485,690; other
taxes, $45,292; account!
payable, $2,213; trust deed note pavab'e to (heCophccticut Mutual

group of in-

subscriptions and advertisements
nr.;

the
This

com¬

120,310

SHEET,

and

$107,645?.Treasury tax notes,
gations, $503,168;Ycash surrender

a

on

_63,170

.'

BALANCE

ASSETS—Cash

be

$436,355
105,216
'•

income—^.___—
amortization

exchange

,

share

$1,040,988'

$411,887

•

Y*-——
on

Depreciation and

of

of 37'A
holders oft

to

1947
—_

—

company's
Court

15

will

242,966

—

—^—

,

,

dividend
per

1946

amortization—130,101

Y

tax

$1,024,006
208,376

—

:„!

Federal ..taxes

,

Rican

'1947

•

—

Interest

Co.—Preferred Issue Placed
Privately—The
Sept. 18 announced the sale
of $10,000,000

foreign

Puerto

3 Months Ended June 30—

.

change has since

Supreme

cents

Corp.—Earnings—

——

Depreciation

Net

the

of. 50

Oct.

share in November,
1943.—V.

—

Interest

the
will

quarterly

payable

dividend

v6 Months Ended June 30—

Expenses

i

-

,

voted

Natural Gas
Co.,
the
approval
of
p.

'

.

above

regular

stock,

The

Investment

Income

-

authorized, there

the

common

stock, payable Dec. 1 to holders of record
Sept. 30.
wjll make a total, of $2. per share
paid, or payable in 1947, as

! Central

-

3%% first preferred
stock (-$100
par), to

'**

'

7he

coordinated'group

The previous extra was $1
per

Power

in exchange for
preference stock, plus

4%

150,000 shares,,
following the

Western

Canada.—V.

Carnation

•

exchange,
■

30,

cellulose

'

*OTB:

June

"The staff of. the central

pared

recently offered

of the new
t

subscriptions.

name

on

'"

were

.

•

Borg-Warner,

.

>

announced

iOn-Mayt-23, last,

.

I Because of .Pesco's lapid post-war growth and plans for the com-,
pany's expansion in new industrial fields, # may become
mecessary to
hiaild a modern manufacturing plant, in addition to the
the

George Schneider,
part:
:
-

rdcord

'

-'An initial
;'Y"'
quarterly dividend of 80 cents
per share was paid on
4% stock cn
Aug. 29 tb holders of
record Aug! 26.
' :
,'Qf the" 400,000 .shares of

sycterns.

laboratory,

J.

common

Shareholders Exchange
Holdings J
Stock—Name Changed—. ,l:
/

be outstanding

laboratory

quotations.

;

30,-1947

(market

'formally-opened
N.

production fs well
instruments for basic research!

cents

Light, Heat & Power Co., Ltd.,
Y

'

new

and

newly acquired 35-acre site in Bedford Township, near
Cleveland,
have been . airwm'ceA by- the
corpo-ation's
Pesco-" Products

Natural Gas,

,

each

...

Starting: immediate

•

was

$5 'in

Borg-Warner Corp.—To Build New Laboratory—
on

53,353

ended

Declares Extra Dividend of 50 Cents—

early this mont'h that holders
of the 6%
cumu¬
participating preference stock,
par $100, "in addition to
iqg their shares for new
exchang4%
cumulative
preference stock,
have
oversubscribed .for additional
24,590 -shares of the same
were offered
issue which
only to Canadian
shareholders on the basis of one share
of 4%" stbek for
each 6.%
preferertcer. share held. '
'
.'The

.

.

Canadian Western
Y. ' v
-

for New

,

22

AViil; "employ 20p scientists ahd^ will

The

lative

400YMPH
.' i • v.

air speeds cf greater than 400
prelim nary .shallow >dive
tests, .the Boeing
Aircraft Co', apnounced on .Sept. 22.
r
<
The Stratocruiser, powered by four 3,500 HP Pratt & Whitney
Waspmajor engines, has a c/uising speed of 340 MPH. Six major
air-lines,
have ordered a
total
of 55
of the
67!/a-ton double-deck airliners.
V. 166, p. 1147..
.
,

hour

per

cost

.

America—Opens

Sept.

,

..

The Boeing Stratocruiser has attained

miles

$30,583

'56,300
market

on

-months

AT JUNE

average

Summit,

.

Canadian Western
Natural Gas, Light, Heat
Co., Ltd.—Preference
Tt

Airplane

Boeiwsr

'

.

at

t

'

.

12

.

11t"

18,

t

,

404,000

1147.

on

project is.a
pilot plants.

and

company

Canadian Western
Natural Gas Co.,
Ltd.—New Name
—New
Stock -Sold—initial
Dividend
on
Preference
Shades,.Etc.y-Y
"' Y-:' ' •'
'•

$659.3)0.

---------

the

based!

2662,

p.

laboratories at

consider

-

.

taxes.—$1,063,310

Provision fpr Federal

for

Dr42,192

•

•

Net

income

160,371

$236,275

56,300

amounts

BALANCE SHEET

corporation

search

?

,

:

;

1947

440,231

83,539

of orders

last March.

Ont.; will handle a qontract for
$3,800,000, the cost of
being built by Canadian
locomotive-Co.
:
:
Scotia, heavy industry will-benefit
by $1,300,000 in orders for
250 hopper ears "to
be built
;by Eastern Ear Co, at
v. ice, <p. 1148.
Trenton, N. S.-r;■
;
,:
'.
'1
1
30

•

—

of

•

$522,037*

pilot plants
factories is usually carried out
in
scale equipment."-^-V.
166, p. 1047.

..

EARNINGS

150,542

$236,663
56,100

ASSETS—Investments,

cilities

-

on

'•

'

$72,775.

-

of

,

profit-—-.

laboratories

•Nova

made

was

$75,904

$81,836

.

that

a

Kingston,

cohY

$156,314

$36,121

*

of

•

tLoss

$165,024
89,120

'93,541-

Total

tories

was-awarded

an

851.

•"

'

.'

locomotives-costing $3,600,COO will be built by Montreal
Locomotive Co., and Canadian
& Foundry Co. will
Car'
build 10
mail-express cars and 10
cars for
baggage-express
$1,000,600.- < ♦"i'

2—Earnings—

amount

-

'

con¬

for

reserve

166,

*

-

tlncludes

$175,377

,

Y

heavv-*fr,eight Mikado

for

3,269

commercial

•

contingencies.

from

credit.—V.

&

the

Hamilton

reserve

credit,

for

reserve

in

$22,500,000 appropriation made in
and. ofders for -.11
locomotives and 500 gondola
cars to lake
the .remaining
$5,900,000 of the appropriation
will be placed soon.
tenders have been let
for
the
entire
appropriation it will
bring to $47,000,000 the Canadian
Pacific's expend'tures
this
for 4,970
year
In

,

$2.13

from

$3,009,525

carry-back

initial

stockholders

When

,

Oct".

to

'

,

cents

of

Underwriter, Butcher!

bi? offered

'

v

Sept^ 22, the directors declared, a regular ,quarterly dividend Iof
per share on the common stock,payable Noy.
1 to holders

20

Aug.

from

$8,800,000

and

.Benrus Watch

.

,

$352,602

'

•

:

5,2115

dune 30,
1947, $7,491,825), $6,773,800; cash in
banks, $518,343; dividends receiv¬
able-andinterest-accrued, $30,322;1 deferred charges,
$138,981; total,
$7,521,946.
Y
'
V. ■
r
LIABILITIES—Payable, for securities purchased,
$76,650; > accounts
payable,-.accrued'interest on 3(4
debentures, etc., $10,959? provision
for taxes,
$1,906; 15-year 3(4 debentures, due
May 1, 1961, $1,872,000;common
stock .(.par >$1),
$561,00,0; capital, surplus,
$4,939,431; total,
$"7,521,946.—V.

.

gets the biggest'
contract, one,lor $6,750,600 to National
Steel Car
750 box
Co.—$4,000,000 for .;
cars, $2,000,000
fori 175
Y-'Y.
refrigerator -cars and
"100 covered
$750,000 for
hopper cars.
t
t$820,015"
—r
Montreal-is, next with contracts
*: 2,117,453'?
totail'ng $4,609,000. Ten passengerfreight'1 Pacifies and 12.
"Nil

'.«$200,104 t$4.644,992
2,117,453
.2,117,453

$701,792

Federal

•appropriation
an

of

» •

.

4,791
4,823

0,757

exclusive

August,

under'

1947—9 Mos.—1946

sales

declared

up

in^

Subs.)—Earnings—

1247—3 Mos.—1946

6,753

income, $380,478; expenses?
$70,560;: interest 011 deben¬
amortization of debenture
financing costs, $91,222; net in-.,
of .-security gains
aqd l.pssea, $218,6.96..
*
"Total'net assets,' w.ttli securities
at market
quotations, ,apd before
deduction of principal
amount of outstanding
debentures, were $3,150,456 on June
30, 1247, as icompai'ecl. with
$3,483,957 oh Dec. 31, 1946,
On June--30,
1947 the net .asset value
per share of common
after, deducting principal amount
stock,
of debenturea.-^was
$10.84 per char®
qr 5% .lower.'thaq net asset?
equal to $11.40..per.share nn
.Die, 31, 1946,'

.

increase capital

The contracts were
awarded from

freight

charges

will

Manson, Vice-President
locomotive builders in

and

$147,83(1

and

The

Association—Registers

freightMontreal, Hamilton, Kingston and.
Tienton/N. S., Canada, have received
more than
$16,000,000 in orders
from this
company for 1,295 freight and
express

.

help

on

statement

follows:

1944

19^5
$155,410

8,1-26

,

165,

Canadian Pacific Ry,—Places
Large Orders—

William
car

*

.Net profit: after

$9,825,369

-

of,
.

applied to

the

Period End. June 30—

3,854,926

sold,

••

1J46

$151,741

82,1W

research

Shares

-

—$21,888,216 $23,368,068

Fire Insurance

.

SEC—

,

216,120

:

j

.

share for each four shares
held and any
unsubscribed,
publicly.
Proceeds will be used to

new

nefc

Y

$168,301

Celanese Corp. of

funds.—Y. 166,-p.'.755.

V

offering
.

are

widespread construction program now
additional demanas Tor service.—V. 106, p. 1147.

meet

Y

$12,53.2,582

YY__Y

Philadelphia.

ratio of one

ihe-

Y '

477,053
2,049 176

4,643,100

1.

liabilities.

-

.•

and

.

audi.

Y—

capital-stock.

Sherrerd,

giving

'

officia'iy

cost

current

1.900 417

664,111

witlm

-

1,500

—;

,

,

chare

new

been
of

products

The

$1,327,672
'•

The company on
Sept.Hi) filed a registration statement'with the SEC
covering 100,000 shares ($3! par)

purchased from the American
a substantial. interest hi Bell

was

which

now..„outst0nding.
iudicahad

been

Froceeds

meeting

from

Total-

$7.r416,9'26

$703 973

stock

•

-

1,981

_r__

etc. -2

oper.

come,

11,037,796,

2,216,533

•

$186,930,000

slock

1947

income

.profit

tures

"

1946
-

comma?

■

The

"Un/the form Of securities at"

;

$0,11-.
30

I

,

$15?,101

divs. distrib.

Dividends

Br$54,134

$34,400,793 $33,193,437

4.85%

Frederick

Telegraph Co.

for

•

3163.

of

trustee.

,,—i.

.income

Net

1,250,000

guaranty.-——356,519

T -

-

of

j

approximately

p.

shares

Parr,

ihvcstments.2,^—

•

'

above-;"
largd ryndicate*

for

Net

$561,315

foreign income taxes__ —3,628 333

customers
__a__

Camden (N; J.)
with SEG—

the

for

a

and

Working capital
——V.t 165, p. .463.

new issue
of; 212,000 .shares, this offering., was'.not registered in the'
TJnittd States through
the SEC wider the Securities
Act
of
1933.
The block of rights being offered through the
syndicat?, which < m-,

;

Expenses,

13,338^91

Ex-'

Montreal, Canada.
The, rights
in consideration of the cost of

which,

cost

to

S.

machine

.service"'

Canada

Foreign

business

announced

of

holder

the

total

rights

for

Prepayments-,-.-by

■

in

Canadian

the

be

been

Co.

&

per

a

yield

In

lt'7,498

issue

entitle

represents

approximate

As

of

Ames

which

rights

$140,

market—

States.

Exchange.

of

priced

five
at

or

assets-^,.—

Prow .for est. U.
Provision

•

■

on Security
Rulings of the New York Curb Exchange1
capital stock be quoted e:£ rights as of Sept. 18.
•' 1
will not be dealt in en the New York Curb

rights

mentioned
.are

current,

,

share

472,366

7,001^12
10,6.79,873'
7,167,249 1. 4,058,842

.

taxes

the

Offering

i

5,255,875

$6,893,346-

—_

CURRENT LIABILITIES—
Accounts fpaya'ble Yi-rYi
__——;
payrolls and commissions-Y:..i.Accrued tsxes other than income

five

The Committee

•

ruled

-

Total

JUNE

T ia

freslx

5,719

Taxable

382,849

1947

-

€09 000

405,932

CONDITION,

'

"•

■

Accrued

of-;

be

147.

the United

of

sell

may

providing they do so in conformity
change Control Regulations.
* *
about

-_i-Y_YYl—

Inventories at lower of .cost

been registered with•
Exchange Commi sion and no sub¬

Securities .and

the

24

share

Exchange at: around
subscriptions have not

offered Tcr

States

Residents

or

«"Y'

!

Sept.

Curb

scription will be acepted
•

FINANCIAL

I

—

capital Svock, par $100, of record
right to subscribe to one additional

the

OF

———•

U. S. &

Bell Telephone Co. of Canada—Rights—
of

10,000

F.

Interest

Misc, inpome.

'i70,0?3'

$1,133,382
>$0i53

foreign govt, securities, at,amortized.cost
Accounts receivable, less,reserves-,

\

Holders

_J.

I

shore__—.Y—--i

STATEMENT

Cash

haws.

Judges Morris A. Sopbr, Armistead M. Dcbie and W. Calvin
Cheonut"
maintained the evidence on which
Randolph1 Phi.lips moved to vacate
the approval was eymu.aiive-aikcl
"insufiiciept lo estibY'h, the charge
of fraud."—V.
166, p. 1147.
'

;

common

CURRENT ASSETS—

retract,:

to

per

\

linanciah reorganization,

a

16 when,Federal judges declined

;

•—r-—m—tt.——

Income for period—
Earned

1

lo,

H.

of

Dividends..

13,363,208

1,424,000

evaporated
evaporated

financing, company's capitalization in¬
$10,000,000 of 3% % first pre¬

■

,J8r.634,55i:

—

fm

the

three

inc.uding

Carriers & General.Corp.-Earnings-

$2,657,382 J $1,195,866

^cash_Y_,

thcr

milk

were
filed with the SEC on.
shares are to be sold
at marked
through J. S. Bache & Co., or Merrill
Lynch, Pierce, Fenncr & Beana
qn either the Nqw York Curb
.or
Chicago Stock Exchange.—V.
p. 155.
"
16fr»

5 $21211,638

required—~r

spl?t-up.d
$1,563,947
163, p. 1,446?
of

account.—V.

Sept!

behalf

; ;.6 Mos. End, Jurje 30—

:$2,657,382

evaporated

Carr-Consolidated Biscuit
Go.—Filing wi'h
On

:

stock

by the transfer

Libby,

Income—

.

of

$2,000,000

Public.

Netr

IncomeIfrpm operations——_
Reserves ho longer,,

for

firsi

and

debt,

$3,212,000.—V;' 165,

955

1,752,062

r

4%

program.

v

funded

38,171

8,107,931

Ayrshire Collieries Corp.—Plans Stock
Split-Up—

&

to

to

4)1,353

—

manufacturer

purchased

present

of

5a,734

..you,ooi

..

it

sales

income

422,633

,__LYY.-__YY——:

.

largest

value in excess of
$26,000,000.*
in 1946 amounted

Net

quar¬

1946

.16,707,563

company'^

of

company's current expansion

and-approximately

43,156

misc., taxea

the

issue

$5,999,800,

the

to the

$10,000,000
stock

book

ascer¬

effect

37,5.2

2

reimburse

stat.ons
and
a
can
factory.
substant.al expenditures to
expand its
division.

cream

55,313

-i

The

cludes

ferred

$30,898,528 $21,113,768

—Y*_ $"".,039,59

Cost of products and services
sold

has been appointed to the post of
Manager, rad'o
Crosley Division. He had been associated with Goldblait
Chicago, as buyer of-tad o and phonogiaph records for the

Eros.,

—a-Y—^-Y—

used "to

•

•

N. ,Y.-

ice

;

Total

Glaser

of

and

Giving

Subs.)—Earnings

.

-

section

the

*

in

Llbby,-McNeill

milk

a

readily
share-each

per

be

plants, two milk
receiving
company is
-also-making

trend

more

cents
..

Products and services sold—
J
Divioends from,
subsidiary not conso.idated
interest on U. S. and
foreign govt, securities-Other miscellaneous •
incomeY

•

,

aho

the

used

■milk

ordinarily

when

will be

will

recent redemption of-its
.entire
outstanding in the amount of

company is .the
the
country.
Recently
miik facilities of

•

dividend

year

be

can

Burroughs Adding Machine Co.

,

stock, series

buard

the

proceeds

the

stock,

The

Service Commission for
approval of further
temporary rate increases.
On July 25, the
Commission- granted the
company a temporary increase
in gas rates to
be efiective until July 1, 1948.—VI
1'66, p. 562.

mance,), about $21.50 per
New
York, as underwriters.,

having
166, p. 258,

dividend.—V.

from

•

Pa.—Filing with SEC—
k.c

earnings

the

on.

in

2,500,000

$0.61

,

stock

a

deferred
1

6,5"0,000

$1,360,000

Rjland & Stone,
to L beriv Products C rp,,

go

the form of

24

Nov.

,

re.fcrveY—Y-

*Y«J' Y

me

Sept.

on

about

or

0.0,000

-YY_ 1

taxes'

Sept. 22, 1,000 shares of 5%
filed

on

0i

shnre„_~<Y..

inventories

Autocar Co., Ardmore,
were

directors

payable

2,2',0,000

for

comman

The

'

-

160, p. 658.

On

iii

before'

apprcxim~t3kret- profits

Merchandise
—V.

opaivYng: profit

for

balance

cent*. per

Biooklyn Union Gas Co.—Defers Dividend Action—

July 27,'43

$62,2)0,000 $. 1,905,000

j—

taxe

prcviXn

Estimated

;

4

.approximate

Federal

;

Aug. 2,'47

sales

treasury

the

(preferred,

n'o par value, payable Oct. 15 to holders
of
record Sept. .30.
A s m.lar payment war
made on July 30, last,
These are. the first dividends-since
March 14,
1S42 wjen IVu cents
was
paid.—V. 166, p. 50.
v
'

2.

of

'

The

issue was placed
privately at
share through Kidder,
Peabody >& Co., as agent.

per

Part

Corp.—Earnings—

Months Ended—

Six

25

stock,

•

'

stitutlonal- purchasers.
.$101

(T. G.) Bright & Co., Ltd.—25-Cent Common
Dividend
On

•

,

.

Cum, Inc.—Yan- AlcLrn^

David Van Alstyne. Jr., senior member of
Van Alstyne, Noel &
Co.,'
Inc.,'investment bankers, has been elected a
director;—"V, '166, p. 258.

B

Co.,

/. -The,directors
on

Bowman

-B.

Fisher, President of Anchor Hocking: 'Glass iCo.,. and.
Obcrly, Chairman of the board of Tokheim Oil Tank fc
have been elected directors, succeeding J. p. Johnscn and
-Edwards, resigned.
•
.....

Chester
W.

New Directors—15(J Dividend

-r-

£

"

In

New

York

funds.

CONSOLIDATED- BALANCE

$1,180,000; deferred rental income, $4,671; reserve
stated capital (292,815 shares), $5,775,300;
capital flock assessments, $234,252; surplus (incl. $400,000 arising from
'revaluation bf land), $408,447; total. $8,310,865.—V. 166, p. 51.
life

Co.,

Insurance

Regains Control—

Co. and Union Securities Corp, on Sept. 25 offered $25,-

total, $38,755,271.
LIABILITIES—Notes payable, $5,875,000; accounts payable, $1,647,548; salaries, wages, commissions, etc., $1,003,853; due under contracts
relating to patents, $40,000; dividend on preferred capital stock, pay¬
able July 1, 1947, $59,448; accrued for Federal, Canadian,
and other
taxes, $4,078,696; due under contracts relating to patents—not payable
within
one
year,
$80,000; notes payable due 1949 to 1952, payable
$375,000 annually, $1,500,000; reserve for contingencies, $422,540; 7%
cumulative sinking fund preferred stock ($100 par), $3,397,000; common
stock
(677,844 no par shares), $4,405,986;
capital surplus (arising
from sale of common capital stock at price in excess of stated value),
$1,647,628;
earned surplus, $14,597,573; total, $38,755,271.—V.
166,

Harriman

,

Sticfel,

L.

G.

exit group

ox

the nine months ended Aug. 31
$2.65 a share on 132,000 shares
pf capital stock, -That compared with $1.32 a share in the corre¬
sponding 1946 period.—V. 164, p. 553.
Net

of the company for
$466,397, equivalent to

profits
to

amounted

1

Jersey—Protective Committee

Central RR. Co. of New
the

in

basis

well

as

Earnings

•

view.

ICC supports this

the

earnings

Net

road.

the

assessments' on

Ended June 30—
domestic sales
-

Net

of sales

Cost

—

Prov.

?

Central Vermont Public

Total

$421,591
318,547

4,311,447

$17,974

$103,044

$1,015,738

$1,547,175

(net)_

47

286

1,649

Dr 199

$18,021
21,536

$103,330

Cr3,000

28,000

$1,017,387
260,356
221,000

$1,546,976
267,506
486,750

INon-oper. income
income

Gross

for

—_

&c., deductions
Prov. for Fed. taxes—

Interest,

21,830

surplus

to earned

Earnings

unit

166,

Cash
U.

-

Manufacturing Co.—Earnings—

Chapman Valve

Accounts

Inventories

1947
1946
1945
Net profit
$249,688
*$229,823
*$307,956
*After depreciation reserve of $82,501 in 1947, $92,823 in 1946 and
$256,492 in 1945, and allowance for Federal taxes of $153,035 in 1947,
$140,859 in 1946 and $121,687 in 1945.
In addition to the above indi¬
cated profit of $307,956 in 1945 there was accrued a refund of excess
profits taxes of $121,687.
June 30—

6 Mos. Ended

f

—-

——

securities, at cost
receivable (less reserve)—

Prepaid

expenses

Goodwill,'
Total

$3,500,000; preferred stock, $500,000;
accounts payable,
$298,791; reserve for taxes, etc., $657,065; surplus,
$3,185,925; total, $8,141,782.—V. 165, p. 2923.
stock,

Company has issued invitations for bids to be
iiocn (E.S.T.), Oct. 7, at office of H. F. Lohmeyer,.
will

certificates

be

RESULTS

AUGUST

FOR

"

and Canadian

U. S.
its

Other

income:

oper.

income

Earns,

—-

com.

per

sh.—

$3.18

'

week

responding
totals

of
the company have overwhelmingly accepted the
plan of reorganization, according to a report made
Federal Judge Edward A. Conger by John F. X. Finn,

—

13

—

——

revised

Sept

6

Sept.

to

Aug.

30

—V.

166,

trustee.
Of

of

shares

324,415

the

common

holders of
of the plan, while

approval

V.

166,

/

Chiett, Peabody & Co., Inc.—Rights to
;rThe

company

mailed Sept.

it's common stockholders warrants

to

24

Stockholders-

them to subscribe to an aggregate of 112,974 shares of its
second preferred stock at $102 per share.
The second preferred
stock is convertible into common stock of the company, prior to Oct.

ehtitling
4 %

at

1957,

1,

ferred

each 6

stock for
of

close

the

which

warrants,

stockholders

common

each $40 of par
head

the list of

issue.

the

of

subscription

The

the

Sachs

Goldman,

value.

underwriters

one share of common for
& Co. and Lehman Brothers

of

rate

the

to

subscribe

to

on

one

Oct.

share

8, 1947, entitle
of the new pre¬

of common stock held

shares
24,

Sept.

business

expire

of

of

dividends.
"

'j?
>

CONSOLIDATED INCOME ACCOUNT
sales

Cost

—

sales and

of

expenses

from sales
from "Sanforized"

Income
Income
Other

(incl. discounts and

—J,---

depreciation)

~

1947
•
1946
$27,900,014 $21,562,748

6 Months Ended June 30—

25,716,365

income

Total- income

—:

—

deductions

Other

3,312,546
185,455

(net)

Income

Excess

;

taxes

tax

profits

(Canada

$1,150,249
2,573,091

$5,681,650
195,746

$3,822,295
161,793

2,180,000
15,000

royalties

20,412,499

$2,183,649

_

1,445,474

98,956

39,634

Common
'

shares

-mmon

per

l

,.3

.•

.

I

share—

t

'

.

Kj-

■

•

-

677,844

$4.68

!

outstanding

common

t; J
I

.At''

-

677,844

I—

dividends

J'J J'

118,895
677,844

dividends

Preferred

$2,175,395
118,895
677.844

$3.03

$3,290,904

income

Earnings

company

on

Sept.

-v, ■

■"

4-

•••

✓

'

'Am

;< ,v

,n

& 'O p T? .<>"> >| J

tfjVf)

have
cash

York, Inc.—Output—

24

'0

etf*

' .7

.v.

supply

production

elect-nc

($30,000,000),

projects

miscel¬

distribution

electric

($2,000,000),

($28,-

gas

studies

Engineering

Michigan.

of

State

The
be

available

the

hand

and

have

amounts

from

the sale
received

to "be

of the new bonds
from operations in

interest and dividend requirements.
available may not, in the opinion of the management,

so

adequate

proceeds
expected

capital,

working

its

finance

to

company during

all

of

construction requirements of the
officials of the company estimate

the

the next few years,

that, based upon the present level of earnings and current expectations
to

as

probable progress of the contemplated construction program,
such construction expenditures may have to be financed

the

portion of

have

stockholders

The

series

Corp.—Bonds Authorized—

the issuance, under a supple¬
first mortgage sinking fund bonds,
The bonds will be sold to institutional

authorized

indenture, of $1,250,000 3 %

due

B,

1,

Sept.

1967.

.

„

the sale of the new bonds, together with funds
sale last June of $1,650,000 3V2% debentures, will
be used
to finance the acquisition of the gas properties of Public
Service Co. of Oklahoma.
The properties, which were purchased by
Consolidated Gas on Sept. 4, were sold by Public Service in compliance
with an order of the SEC.
The base purchase price for the properties
Proceeds

received

from

the

frcm

$2,757,071, subject to closing adjustments for property additions,
taxes,
consumer
deposits, etc.
This was financed temporarily by
short-term bank loans and from general corporate funds.
;'
Giving effect to the issuance of the new series B bonds, the company
will have a total funded debt of $7,900,000.
The new bonds will have
the benefit of a sinking fund which is scheduled to
retire all but
$34,000 principal amount by maturity.
The bonds are also redeemable
at
prices ranging
from
104.75 and accrued interest,: if redeemed
during the first year, to par-if called on or after Sept. 1," 1966.—

was

166,

p.

947.

1,

1975

series due Sept.

1,

share

and

23,
the

: outfit.

Dec,

t.tlu

1

to

sdj

!

it

.

-'

\

to $2 per Share,
.

($113,825,000

25,000,000

{

payable to banksl

"Notes

11,475,000

$4.50 preferred

12,000

stock

1,000,000 shs.

—

(no

that,
until a supplemental
and recorded increasing

executed

and

advances

4,123,432 shs.

and

indenture or indentures shall be
decreasing the amount of future

or

indebtedness

other

and

which

sums

be

may

secured

secure future advances and other
exceed in the aggregate $500,000,000.

indebt¬

mortgage may

the

thereby,
edness

6,000,000 shs.'

par)—?

installments due in one year—1%%, due in equal semi¬
to Sept. 14, 1955.
tThe mortgage pro¬

instalments of $675,000

annual
vides

547,788 shs.

sums

to

not

AND

sale

243

in

and

communities

townships

and

the

in

production

sale in Manistee.
The
to be in excess of
Company also supplies steam
heat in five communities and water in two communities and, incidental
16 its electric and gas business,
sells appliances and cooperates-with
appliance" dealers
and
retailers.f ' Company's electric transmission
lines
interconnect
with
those
of Detroit
Edison Co.,
the
Lansing
manufactured

and

gas

distribution and

its

estimated

population of the territory served is
2,255,000 based on the 1940 Census.

municipal
At

area

have

92%. of

approximately. 84% of all farms
a
total of approximately 20,000
87,000 farms,
The company
approximately 1,000 miles of rural lines scheduled for construction,
■

and

company

This

embraces

area

serving

lines,

rural

of

the

by

service.

1947..

in

31,
to

served

miles
has

and Michigan Public Service Co.
1946, electric service from existing rural lines was
all the'farms In the 637 townships within the

plant

Dec.

available

than

more

.

•

principal

name

of

amounts

each

of

the

principal
new

bonds

,

underwriter

and

underwritten

the

are

as

follows:

Loeb

Union

Securities

—V.

$12,500,000

& Co.——

Kuhn,

12,500,000

Corporation

;•

1048.

166, p.

Cook Paint & Varnish Co.—Sales Rise—
Period End. Aug. 31—
Sales

——

—V.

166,

1947—3 Mos.—1946
1947—9 Mos.—1946'
$6,860,039
$5,619,021 $20,567,236 $15,636,357

52,

p.

'

.

'. ,'£1* '

.

against
"

oaohi-n

H

f'X

'

,

Cornell-Dubilier Electric Corp. (& Subs.)—Earningssix Months Ended
Net

1947

March 31—

earnings after depreciation
Federal income taxes——;

provision

and

Earnings per common

Blake,

Octave
ended

share after pfd. divs

$1.68

1946
, - „ $227,131
$0.42 '

President, stated that the net for the six months
1947, was the best in the company's history and
sales since then have declined, this has been due

although
principally to the
that,

balancing

customers'

of

in better shape, he said,
months to increased sale$;
they are,—V. 166, p. 52.

are

few

next

,

31,

March

Inventories

;

;

$759,418

for

inventories.

there should be
provided general

Now

that

trend in
conditions

a

Dividend—

extra dividend of $1 per
25 cents per share, both
record Nov. 20.
An extra of 25

the directors declared an
usual quarterly dividend of

stockholders of
cents was paid on Dec. l; last year.
Total payments in 1947 will amcmht
$1.25 in 1946;—V. 158, p. 2578.. <
payable

t

)

Property purchase obligation:
Preferred stock, cumul, (no par)—

continue as

sept.

Outstanding

1977——V-J

series

*2%%

PRESENT FINANCING

Authorized

bonds—
due Sept.

mortgage

27/8%

the

Consolidated Paper Co.—$1 Extra

senior securities or both.

or

-

respective

mental

stock

include common

may

CAPITALIZATION GIVING EFFECT TO

.

Cribben & Sexton Co.—Dividend No. 2—
On

share

Sept.
An

165,

1947.—V.
.

23, the directors declared a dividend of 10 cents per
common stock,
payable Oct. 15 to holders of record
initial distribution of like amount was made on July 19,

the

on

Oct. 4..

p,

3392. '
'jJVl

'

-

fis*'

1949.*

in

yet

PURCHASERS—The

Consolidated Gas Utilities

V.

The

$6,700,000.
late

with

miscellaneous

follows:

as

power

the

of

not

on

of

excess

of

1148.

166, p.

3.1%.—V.

On
Net

will
and

and

Corp.—Weekly Output—

investors.

The proceeds of the proposed financing will be used to repay notes
payable, as additional working capital and in connection with a plant
improvement and expansion program under which unexpended appro¬
priations aggregate approximately $4,000,000.-

Net

4

announced that System output of elec¬
tricity (electricity generated and purchased) for the week ended Sept.
21.
1947, amounted to 205,400,000 kwh., compared with. 192,000,000
kwh. for the corresponding week of 1946, an increase of 7.0%, Local
distribution of electricity amounted to 187,700,000 kwh., compared with
181,900,000 kwh. for the corresponding week of last year, an increase

4%

completed

be

unit

completed

have

HISTORY

1148.

p.

Consolidated Edison Co. of New

stock

preferred

approximately

of
will

fifth

BUSINESS—Company' was organized in Maine April
14, 1910.
It was admitted to do business in the State of Michigan
on
July 21,
1915.
Company is engaged, entirely in the State of
Michigan, in the generation and purchase of electricity and its dis¬
tribution and sale in 1,261 communities and townships as well as
rural
areas,
in
the purchase of natural gas and its distribution

8.4
12.4
12.5
13.6

193,189,000
193,446,000
176,491,000
185,006,000

record at

shares

112,974

The

1947.

being offered are a part of 150,000 shares
of second preferred stock which were authorized at a special meeting
of stockholders on Sept. 19,
1947.
The redemption price of the 4%
second preferred stock initially will be $106 per share and accrued
second

—_

209,422,000
217,356,000
198,610,000
210,096,000

output

comparisons with 1946:
1946
% Inc.

weekly kilowatt hour output

The

of

cost
unit

transmission

corner

been

"Including

of electric energy of subsidiaries of
this corporation adjusted to show general business conditions of terri¬
tory served for the week ended Sept, 18, 1947, amounted to 305,992,655
as compared
with 570,352,259 for the corresponding v.eek in 1946, an
increase of 35,640,396 or 13.18%.—V. 166, p. 1148.
The

852.

p.

Y., -is*

N.

York,

Following are the kilowatthour
and percentage

Commonwealth & Southern

rejected it, Mr. Finn stated.
Of the
37,000 shares of preferred stock outstanding, holders of 22,019 shares
have approved the plan and holders of 187 shares have disapproved it.—
of

holders

New

outstanding,

stock

signified

shares have already
7,565 shares have

169,414

Broadway,

1947

20

Sept.

Stockholders

cost of

and the type of plant and the estimated cost
been determined.
If construction is com¬
menced, approximately $5,000,000 may be expended in 1949.
In order to finance the above construction program,
the company

Co.—Weekly Output—

Ended—

Week

Sept.

a year ago.
past four weeks

the

of

trustee's

22

100

output of the Commonwealth Edison company and asso¬
ciated companies,
ex-cluding sales to other electric utilities, for the
week ended Sept. 20, 1947, showed an 8.4%
increase over the cor¬

the
earnings per share on capital

a

this

cost

electric

electric

Coinmon

Commonwealth Edison

Co.—Stockholders Approve Revised Plan—

"

Co.,

Electricity

consolidated income account statement of

above is a

and Pere Marquette Ry. and
stock after merger.—V. 166, p. 1148.

company

,r Childs

Trust

Inc.—Distribution to Noteholders

holders of five-year V/-zr/<? secured gold notes due June 1,
1936
that funds have been received by it sufficient to make a dis¬
tribution at the rate of $2.25 per $1,000 principal amount of notes.

M

NOTE—The

York

New

The

$2.06

Bryce

a

securities

Colonial Marble Co.,

9,795,028
9,905,618
20,842,568
16,580,585

$0.62

1,683,681
4,959,108
4,225,910
$0.53

taxes

railway

Net ry.

Net

14,G'33,473
13,440,334
29,896,433
25,270,033

at

that

estimated

eastern

First

2,005,740
1,426,814
5,502,159
4,883,237

2,630,934

taxes

the

that this unit

Manager

notifying

"

at

Comstock, at

A

J

eral

in-

unit

nameplate rating of
Morrow
steam-electric

with

through the issuance of additional securities in an amount
which
may aggregate-$40,000,000 before the end
of 1949.
Such additional

Little,

and excess prof-

come

..

..

..

Straka has rejoined this company as Vice-President and Gen¬
of the toilet articles department, according to E. H.
President. Mr. Straka had been Executive Vice-President of
Yardley of London, Inc.—V. 166, p. 156.
,

The
equal

$
$
$
25,380,695 202,117,747 156,341,752

$

28,906,861

income.,

Gross

$86,056,306 $96,458,711

Vice-President—

New

1947—8 Mos.—1946

1947—Month—1946

Period End. Aug. 31—

'

27,149,526

second

the

and

1948

of

unit

fourth

distribution ($5,000,000),
additions ($10,000,000), or a
which
it
is estimated that
approximately
$19,000,000 will be expended in
1947, approximately
$27,000,000 in 1948 and approximately $31,500,000 in 1949.
It is also possible that the company may commence the construction
of a new steam-electric generating plant on Lake Erie in the south¬

a

MONTHS

EIGHT

FIRST

AND

12,500,000
25,000,000
3,068,991
34,713,773

3,068,991

.—
—

Total

instalments

Annual

surplus

middle

the

the

capacity

neqr

estimates

estimates

thereof

9,355,554
18,517
162,703
6,526,417

4,667,166

—->——v--—-—-

S.

generating

steam-electric

Cobb

C.

000,000),- gas transmission <$1,300,000),
and heating, general and miscellaneous
total
of
approximately
$77,500,000 of

$5,112,756

to

surplus

;

Sec.-Treas,, Terminal

for $5,300,000 of equipment trust certificates.
dated Oct. 15, 1947, and aie to mature in
from Oct. 15,
1948, to Oct. 15, 1957.-

Cleveland,

Tower,

Capital
Earned

Ry.—Bids Asked—
received on or before

Chesapeake & Ohio

-

owing

in

of

Muskegon,

near

an

not

'

■

,

for U,

Amounts

a

1948.

($1,200,000),

$86,056,306 $96,458,711

income taxes
—
93,579
foreign subsidiaries1,005,967
Deferred
liabilities and reserves—:
7,582,630
$3.50 preferred stock (125,000 shrs. no par)—
12,500,000
Common stock (2,000,000 shrs. no par)
—25,000,000

Provision

of

rating

C.
Weadock steam-electric,
cost of approximaeely $5,325,000.

E.
approximately $5,325,000.
will be completed in 1949.
(d) The completion
of
the third unit with nameplate rating of
60,000 kilowatts capacity at the B. C. Cobb steam-electric generating

at

20,412,919
3,562,500

$4,988,447

——

accruals

Miscellaneous

ASSETS—Cash, $885,729; U. S. tax notes and bonds, $707,520;
receivable, $1,283,880; inventories, $2,605,925; land and build¬
ings,
$1,290,438;
machinery
and equipment, $1,221,862;
patents,
$50,039; deferred assets, $96,387; total, $8,141,782.
,

:

——

payable

completed

kilowatts

laneous

LIABILITIES—
Accounts

with

unit

nameplate rating of
60,000
the
John C.
Weadock steam-electric
generating
plant
near
Bay
City,
at
a
-cost
of
approximately
$5,200,000.
The company estimates that this unit will be completed
in
1949.
It is also possible that an additional 60,000
kilowatt unit
may be required in this plant.
*
(f) The construction of other additions to the company's property

7,398,562

18,386,097
3,750,000

made

John

B.

completion of the
kilowatts
capacity
at

819,347

6,009,035
(netj_
bal—

the

(e)- The

$7,464,434
11,508,000
15,917,956
23,374,993

—-——649,111

—

plant and equipment—at cost
trade marks, etc.—unamortized

Property,

accounts

LIABILITIES—Common

—

'
nameplate

are:

fourth

the

of

completion

company

company

981,403
$1.43

$6,778,468
15,400,000
10,192,909
' 24,890,636

Investments

1947

JUNE 30,

SHEET,

—

————

__—

—

BALANCE

—

be

fall of

plant

Govt,

expenditures

1948.

generating ulant

4G'7,628
265,630

Dec. 31, '46 Jiine 30, '47

——

S.

for

to

Muskegon

The

60,000

$3,182,547

ASSETS

1148.

p.

of

construction

will

(c)

455,084

$792,720

$536,031

$53,500

Def$515

Net income

early in

the

in

COMPARATIVE BALANCE SHEET
—V.

treasury

with an initial installed generating capacity
nameplate rat.ng of 120,000 kilowatts, at a cost of approximately
$13,500,000.
The
company
estimates that the first 60,000 kilowatt

$6,311,156

share

common

per

its

proposes

with

515,163

—

and

contemplation

completion

near*

The

218,754
981,404
$3.10

made

has

in

or

The

plant

$3,152,654
29,893

•-

authorizing

Commission

$5,500,000, of which approximately $5,200,000 will be expended during
1947 and 1948.
The company estimates that this unit will be com¬

♦■'*•-• ''-ti-i--*

218,755
2,000,000
$4.78

or

reimburse

to

kilowatts

pleted

$6,201,840
109,316

Depreciation
—-—•
Divs. paid on $4.25 pfd. stock-.
Divs. paid on $3.50 pfd. stock-—••
Dividends paid on common stock—

service,
or

capacity
at
the
generating plant near Comsock, at

$9,783,002

foreign divs.—

inc.. transf.

Net

Service

purposes."

The

(a)

50,000

$8,758,002
1,025,000

from domestic oper.—

income from

Net

declines—

inventory price

Net income

3,290,913

income

operating

Net

.

1947—12 Mos.—1946
$5,327,185 $4,838,088

440,196

$458,170
'

expenses

oper,

Prov.

Service Corp.—Earnings—

1947—Month—1946

Period End. Aug. 31—
Operating revenues
;

$25,270,175)
as provided

to amount to
the company,

by

use

property, the construction, completion,
of facilities or for the improvement or
for the discharge or
lawiul reiundiftg

of

improvement

of

company

struction

44,213,572- 47,249,931
18,771,860 14,659,140
3,652,232
5,770,000

4,659,033
2,400,000

for

Public

make capital expenditures
for
property additions from Jan.
1, 1S47 to Dec. 31, 1949, ,in an
am°un';
estimated
to
exceed
$100,000,000.
Among
the projects in¬
cluded in this construction program and which are either under con¬

1947—6 Mos.—1946
$67,433,760 $59,354,911

89,165,904
27,323,772

—

-

-

(estimated

available

Michigan

acquisition

or

such

101.03.

Co.,

proceeds

be

the

obligations,

for

1947
1946
1945
$132,306,711 $72,839,504 $70,831,725

exps.—less net misc. creditsfor inc. and exc. prof, taxes-

Oner,

the

extension

(b)

6 Months

Five other bids,

bid of 101.67.

thereof:

issuance

of

&

net

to

of

maintenance

Colgate-Palmolive-Peet Co.—Earnings—

Appeals.-^V. 166, p. 1148.

and

Errors

$0.31

Stanley

order

"for

.

Justice

by

opinion

an

or

share, for the

per

Joseph L. Boding, the Court he.d the
substantial issue had been resolved in the 1942 case where assessments
imposed by the State Department of Taxation
and Finance were
supported by the Supreme Court and, on last appeal, by the Court of
In

{

$4,578,587,

was

appeal against 1943-44

Court has denied an

J. State Supreme

the

the

1,178,416
$0.73,

"531,635

,

share

per

Consolidated net

Appeal—

Court Denies Tax

N. J. Supreme
The N.

Morgan

considered

in

1,303,819
2,460,058
$1.06
$1.52
profit applicable to the company for the 12 months
$2.71 per share, compared with $4,452,870, or $2.76
year ended July 31, 1946.—V. 165, p. 3392.
;

i

awarded July 23 on a

was

PURPOSE—The
are

Subs.)—Earnings—

1947—3 Mos.—1946
$32,235,019 $28,804,888

31—

Period End. July
Sales

introduced at hearings before

the view that evidence

expressed

plso

sound

a

cn

as

and

The

City Stores Co. (&

headed by Richard E. O'Dea, expressed
substantial equity exists for the common stock

issue

naming a 2%% coupon, were received at the sale.
They were:
Ripley & Co., Inc., and The First Boston Corp., 101.299;
Halsey, Stuart & Co. Inc., 101.2828; White, Weld & Co. and Shields
& Co., 101.275; W. C. Lang;ey & Co. and Giore, Forgan & Co., 101.117:

been

In a

company.

The
each

1148.

p.

organized to represent common
letter to stockholders, the com¬
the opinion "that a
both on asset value
basis of capitalization of earnings." It

has

committee

protective

A

stockholders
mittee,

000,000 first mortgage bonds, 2%% series due 1977, at
102 and interest.
The issue has been oversubscribed.

marks, etc., $1;

trade

President on Sept. 22 announced that the managethe company has purchased an additional stock interest
in the company from Eastern shareholders.
He said the acquisition
'.will give the group controlling interest, although he did not disclose the
'amount of shares involved in the purchase.

I

Offered—Kuhn, Loeb &

$6,089,386;'accounts.receivable
(net), $5,993,147; inventories (at lower of cost or market), $22,564,269;
New
York City bonds
(deposited under New York State Workmen's
Compensation Law) at cost (market value, $27,613), $25,178; property,
plant and equipment (less reserves for depreciation of $7,585,641),
$3,628,337; deferred charges to operations, $454,953; goodwill, patents,

Co.—Management Group

Central Ohio Steel Products

;

Consumers Power Co.—Bonds

SHEET, JUNE 30, 1947

ASSETS—Cash in banks and on hand,

contingencies, $175,000;

4or

Monday, September 29, 1947

CHRONICLE

& FINANCIAL

COMMERCIAL

THE

(1252)

A

•

'

.

.•

-t )<#

--'v-J.

'

il h

v

"

~

I

'

wm«i*taM4Uv#

.

Volume 166

Number 4633

THE

Cudahy Packing Co.—Dividend
The

directors

share

per

common

record

a

Sept.

18 declared
dividend of

spec.al

of

$10

a

f5

quarterly dividend of
cents

20

share

per

new

Nov.

15, 1912.
The company

par

value, both payable Oct. 15 to holders of
2. This is equivalent to
$1,05 per share on the old common
$30, which is being
split-up on the basis of thrbe new shares
of old,
according to a vote of«the stockholders on Sept. 15. The

engaged

par

for

one

old

shares

15, and

a

tins

had

year

received

quarterly of 40

addition

to

four

cents

30

and

cents

each

extra of

an

Jan.

on

40

15

cents

and

payments of 30 cents
1946, the company on Nov.
1, 1946 paid a special of $1
10% stock dividend.—V.
166, p. 1148.

electric

■

a

-

,

Curtis

U.47

Gross

1943

$2,618,0.14

Period—

•

.

t

♦Net

.Jqly 12,'47

„

incorpe

♦After

$1,821,622

—V.

depreciation,

165,. p.. c36.

Decca Records, Inc.
6

Months

Profit

Ended

alter

June

<&

30—

♦Adjusted

to

"

$1,481,915

share"

per

'

1947

charges

'

give

effect"

165,

ti

charges.

''

$967,534

in

$450,284

338,325

"$0.58

stock

split

.

1 he

issue

were

100.031
—V.

to

are

was

for

be

dated

1948-Nov.

awarded

received

166,

at

23«s;

embraces

RR.—Equipment Trusts

Sept,

the

and

sale.

Nov.

1,

1,

tion

25

on

They
Stuart

Halsey,

bid

a

were:

of

the

company

changes
'

.

It

98.357.

Two

Hall

Inc.

&

Inc.,,

for

$56,000,000

or

of

prevailing

expected

which

it-is

that

expected

economic-conditions

indicate

a

substantial

will

become

part

of

available

2y4s.

principal

the

cash

required

result

a

of

amounts

Almstedt

$19.50

per

of

of

names

bonds

$10)

share,

less

the

several

underwriters

(&

1947

Net

Sec.

Surplus

»After
common

J,———

per

paid

Company's

450,000

on

March

issued

-

in

assets,
1453.

1,

dividend

1947.

H.

connection

which

-••••,

not

with

became

the

acquisition

effective

*

156,060

B.

"July

of

as'

of

1,

F.

.

-

with SEC

Bullion

1947-

Non-operating

■

1946•

...

$2,754,444 I $2,706,859
;
257,507
355,493

income..

income

'Oper.; and gen,
Depreciation

$3,011,951
cost....

Outside

expl.

.

34,017
taxes.

••

276.756

•

expend.—■

381,716

•Earnings

per

the

$1,021,382

shares

of

'

; -

common

396,322

$1,162,736'

$0.57"

.

.Laird,

*

.

stock,—rV.

165,

.

-750,000

Boston

200,000

Thomas

—V.

sa'e.
and

Bissell, &

present

50

$1,387,270

200,000

Co.

&

Webster

300,000

The

1

Meed?

each

124,553

on. March

&

and

Dec.

17,

p.- 2925.

50

were

cents.—V.

made:

Electric Power & Light

165,

For

iof

deposit

$72,275,000

tion

Mellon

of

Chase

Mellon

bond3

with

National

all

Bank

unmatured

&

Trust

National

such

on

'date.

their

coupons

Co.,

attached,

Pittsburgh,

at

office

or

the

30,
4

GIVING: EFFECT

or

33.1%*-over
a.so

'
...

.

•First mlge.
!

'

bonds; series due Aug.

Authorized
*• * '

l,

0

Misc.
,.

23%%

PRESENT

long-term debt (incl.

withia-

First

5%

Steam

Outstanding

-.

pfd. ($100 par>'_->__^_^_i.._^_...
first: pfd..stock—

f

•

•

;4;205,690

will

used

for

purchase

of

company oni Sept. 15
(5c ..par). comnton

filed

Co.__l

Equitable

...

Offj.ce

Mailed—

;

stock ($100
Common-stock (no

par).__4:__^___t^

* **

^

*4,500,000 shs.
par)^wo.
.2,152,828 shs.
by afiy indenture.' The maxihitim
indebtedness presently
by stockholders is $100,000,000.
tRepresents )purchase obli¬
gations for, :g.nd secured by; coal-:
lands and coal pfoperiiiek.-y
^ooo.ujO
shares designated as 5% cumulative first

letter

* Unlimited

■authorized




preferred' stock,"7

-

-

is

on

Sept

the
12

plan

of

Co.,

900,000

were

trustee.

Sept.
first

approval

and

oi

in

These

164,
I

Stores, Inc.—Accountants—
have

been

and

all

1

designated
of

its

sub¬

ending Jan.

31,

1948,

filed

letter

a

of

with SEC—

notification

with

the

SEC

1947—Month—1946

-

1947—8 Mos.—1946

512,845

462,243

$14,481

income" tax____
tax accruals.

$25,786

$103,355

$154,431

5,198

1,700

4,000

ry.

income.

oper.

41,416

13,975

.f...

21,515

31,934
17,323

<

f

.

$6,801

$15,496

6,349

15,550

$13,150

$31,046

:

...

$316,674

3,971

4,120
<2,169

;l-

Income

after

fxd.

int.

on

:

.4,933.

$83,658

$66,978

$120,675

37,016

'

'

:

A

.

.

$43,993
22,985

22,930'

1,396

11,058

11,383

$25,508

$32,979

$35,046

2,259

18,077

$4,598

*

4,142

2,259

;

:

$23,248

$14,902

$66,969

3,271

26,533

26,161

-

1,360

chgs..

$6,858

■

funded

...

21,245

-

"18,077

and

(way

and. equip.....
166, p. G'54.

W.

M.

--

Cr2,450

-

-

. ,

Gunther,

has

been

with

the

store

since

formerly with Oppenheim. Collins
Vice-Presidents.-r-V. 163, p. 3417.

elected

the

1939, • rnd.
Co., I.rd.,

&

Co.—Earnings—

July 31—

1947

revenues

:

$550,834

302,242

Net

operating

15, 25 cents

Other

—

48.075

26,141

72,652

67,412

$186,822

$155,03jf

202

1946,

Dr 159

$187,025

$154,878

41.776

51.587

M

i

revenues

...

income

Total

income

Income

sources

1

1946

$624,007
316,455

-

(general)

this year. In
Oct.

who

Munroe,

been

Taxes

rl.

deductions, interest,

etc.^

Federal income tax_._'______:.
Net

-

—V." 166,

46,792.

25,355

$98,455

income

$77,335

370.

p.

■

;

have

'.

x.

of

notification
at

5

for

cents

'

standing

to

are

shareholders

returnable

by

bankrutcy...

the-stockholders', committee

The
and

plan,

Plan

has

been

437,932

for

President

There
the

July

number
the

for

quarter of
.

outf

solely

of

common

stock.—V.

166,

of

Robert

Heller

&

Associates,

a

manage¬

the

1946,

were

of

General

third
second

it

is

406,340

quarter

Motors

of

quarter of

common

1947
1947

was

and

and

436,917.

with

preferred
compared

428,874

for

stock¬
with

the

third

announced.

holders

of

common

stock

of

record

and
of 30,577 represents holders of preferred stock of record
These figures compare with 407,374 common stockholders and.
preferred for the second quarter of 1947. Of the preferred^
Aug.

14

balance

7.

30,558

-stockholders

in the third quarter of 1947, 21,697 were holders of the
series preferred stock and 8,880 were holders of the $3,75 series
preferred stock which was sold in December, 1946.—V. 166, p. 1050.
{

$5

the
fair

General Public Utilities Corp.—Weekly Output-^-

;

ibhe

"turea aTrd

$3,000 6'/^ tdld bonds.
Tne -offering will be underwritten
group
headed by- Wertheim & Co.
Under
the
plan present

consist

Aniline & Film Corp.^—New Director—

Heller,

total

Sept. 23 by
October 15.

termed

will

General Motors Corp.—Stockholders Number
436,917—■
holders

has

1, next, from its own funds, all
debentures due June 1, 1957.
An
was
sold
privately in July,

'

the

which

Oct.

engineering concern, has been elected a director of the above
crporation, and.Harry M. Gross has been appointed Executive Secretary
to E. Allan Williford, Vice-President in
charge of Ansco.—V. 166, p. 759.

.

by

on

3>/4%

debentures

ment

will .be

approved

these

of

capitalization

General

on

$4 400.000

854.

Robert

■

reorganization

$6,000,000

to the Equitable Life Assurance
Society of the
United States.
Following this redemption, and the recent call of the 5Va% convert¬
preferred stock (redeemable on Oct. 14, 1947) the
company's

share.

a

will redeem

outstanding
of

1942

6,000,000

Proceeds

:

corporation

the

ible

Proceeds

feasible by
the^SEC, -prpvides far raising, by ani offering of shares
stockholders; pi ah amoOnt: sufficient with other funds to pay off
tne
principal-and interest on
the::corporation's $4,754,000 • 5 % debeftta

6,000

Foundation

of

to

.by

Rockefeller

purchased

•;

Operating expenses
Depreciation

are, at

.

petition

Co., .of

...

had

from ry. oper.

Frontier Power

common

required

voluntary

the

Oil

Pcnn

.

$616,200

Operating

of

.

South
.

already

*

Va.;

W.

150,000

-

a

22

income..'....."...

have

1,000,000

;ruptcy/Act fot-btheiiplan-te~be-confirmed.
'
>
Confirmation, of the
reorganization .would bring to; an lend- court
.jurisdiction, .reaching-back
toi" April 10, • 1941,- when: the- corporation
filed

wAs

City of
Quaker

53,230

Lincoln

200,000

dividends

cash

Denver.

mailed

Ballots

and

Harrisburg:, Pa.—Files

income_._.u—__

Donald

Co.-—

of

it

the

Franklin Simon & Co., Inc.—Two
New Vice-Presidents

300.000

1,400,000

p.

;

.

of

Pa.,

of

4,000.000

underwriter.

as

be; offered

;

Charleston,

'

.

struct.,

.

—V.

Building- Corp..—- Ballots

-

of

Eank

$85,016

Depreciation

300,000

to file a court affidavit by October'24 stating
shares voted for the;
plan- and whether or not it has
accepted, by. the
percentage of stock necessary under the Bank-

.

;.v

on

Duncan,

trustee

number

;been

voting

Court

Donald

The

ij5oo.ooo.shsb+ > ■'
Vi
\
t f
:
.275,000 shs.
1,000,000 shs.'
None "•

for

companies,,

for

Gaylord Container Corp.—To Redeem Debentures—"

.

Underwriter, Fleetwood Investment
used for
drilling aftd exploration.

Co.,

from

ry.

Net

input of subsidiaries
kwh.,
an
increase of

some

New York,

a

oil

a

"

'

56,554

debt

300,000

-

and

$28

chare

a

$71,035

Conting.

issue

to

major

$28

Pipe Line company's outstanding stock.—V.

on

4%

rents___

Inc.

inventory, etc.

stock,

the

deductions.
Fixed charges

Empire Corp., Denver, Colo.—Files with SEC—
shares

/the

.

pfd.

of

offered

National

companies

stock

1149.

p.

rev.

Total

Sterilizing Co., Inc., N. Y.—Files with

Co;;

be

The

;

-

'

Eureka

Miscell.

Sept. ,2,2 filed .a letter of notification with the SEC
65,000 shares oftcommon stock
(par 10c) to be offered at 65 cents
share through Reich

per

State

expenses

Net

The. company, on

for

J.

$75,000,000
•••"

of

company

Other

:

•

three
Chase

.

;

Federal

'

amounts due

one

cum.

Part.

"

FINANCING

Quaker

revenues___,^

Net

corresponding week of 1946;
that "due to interruption of comfrom

1149.

-

The

Refining

oper.

the-

anounced

Elk

oper.

The

Electric
SEC—

Ballots,
TO

and

$67,000

Federal

System

71.285.000

kwh.,

by

been

year

166,

The

CAPITALIZATION,

'

Elk

Net

of

Bank, New York, and receive
the full amount
payable
redemption, including premium and interest to
the redemption

.

the

have

3393.

p.

the

hurricane, "deliveries
estimated."—V, 166, p. 1149.

been

of

office

this

The corporat.on
imunications by.

10314,

-surrender

ended Sept. 18,-.
1947,
corporation Amounted
to

of

the proceed?
National Bank & Trust
Co.-, Pittsburgh, for the redemp¬
$7C,0C0,000 first mortgage 3 Va %
bonds due June 1,
1965, at
and -to deposit out of other funds of
the-company the amount
of interest payable on the
3 Va %
bonds to the
redemption date.
The
balance of such net proceeds will
become part of the
general funds of
the company,-to be
available;for general corporate
purposes, including
payment of a portion of the cost of the
company's construction pro¬
gram.
•
"
The holders of the 3%2%
bonds-may, at their option, at any time
'on
or
after the day following the.
making of the aforesaid deposit,
with

by

Ry.

Corp.—Weekly-Input-»—

week

;17,762,000

..

to

the

166," p.

Stockholders Offered

Fonda Johnstown & Gloversville
RR.—Earnings—

400,000

Inc.—___

received

June

Clark,
Howard S.

law

—

company
19.

through

Period End. Aug. 31—

'

Gibson-)^—'..

19, June 10 and Aug.

following-cash payments

each;

Co.—$75,000,000 Bonds Offered—The

intends

this

Sept.
made

Oil

The

..

Co;_

Co.

Wisconsin

ivhich

shares,

directors
F.

closed mortgage
refunding bonds, clue Oct." 15,
1969, to be offered at 99 (exclusive of interest from
Oct. 15 to date
of
delivery).
Underwriter, Warren W. York & Co., Inc.
Proceeds will
be used to refund
$67,300 first mortgage 6s.
'

2,000,000

,'

outstanding

cents

'the

$0.71

bids, each naming .a 2%% coupon,, were
received at the
They werc;,Kuhn, Loeb & Co. and
Smith, Barney & Co., 100.56;Halsey, Stuart & Co.
Inc,y, 100.5297.:

PURPOSE—Company

.

the

company

Florin Water
Co.,

The

other

Two

,

of

Touche,
Niven, Bailey and Smart
independent public accountants for
Federated
sidiary companies effective with the
fiscal

150,000

Tucker, Anthony & Cor
H. C.
Wainwright &
Co.' 1

300,000
4,000.000

Co.

laul

200,000

-Securities. Coi'p

1,500,000

f

board I of

follow.ng:

of

Federated Department

Webster

Stroud &

bonds

Initial

Messrs.

4,000,000

Bros.-& Boyce—&

the

600,000

Smithers -&

Stone

900,000

Co

166,'p> 1148.

S.

Stein

.

4,000,000

—

!

Starkweather-"&'

-

200,000

400,000

Co.l_
&

F.

-

this

826.

p.

100,000
.

60 000

under*

mortgage,
and
862,098

1,3.50,000
,

&

directors have declared a 100'/ stock
dividend on the
stocky payable- Dec. 15 to .holders of.
record
Nov.
3.
There

510,043

Corp. and associates on Sept. - 24 offered
,$75,000,000 first mortgage 2%% bonds, series due
Aug.
il, 1977 at 101 229 and interest.
The issue was awarded
'Sept. 23 on a bid of 100.7699.
•'*?"
:
'

H.

Riddell

of

in

shares each

1

-

Scribner

4,000,000

&: Co.__

_

mortgage

pius

first

Mutual

Port

J.

E.

on

York

The

100,000

C;arkTi_

Bros.

$15,430,000

the

2,000,000

Pressprich & Co..

mortgage,
stock,

Life
Insurance Co.;
New York Authority; Seton
Porter,
Corp.; Edwin I. Hilson, partner of
SclnLer,
Vice-President
of
Bank
of
New

the

Refining Co., Oil City,
Bradford, Pa., expires Oct. 31.

.

Duquesne Light
First

Hancock
of

court,

include

Co.;

offer,

State

;,EI Dorado Oil Works—.100% Stock
Dividend—1

c-

-18,000

-

will

first

common

value.

par

the

of

Distillers

7 Months Ended

1,137,940
k "V 41,748

$0.60

:

-

New

$3,095,001
•

32,000

$1,101,799

share..$0.52

1,946,668

1,181,809
12,080

•

39,000

.

—■-

$2,784,949

9,222
:

.

income

*On

373,028

•

1,522,614-

without

Pipe Line Co.

stock

The

Other

'

$14,750,000

shares

and

their

200,000

Schmidt, Pooie & Co._Sheridan,v Bogan Co.—
Shields &TC6.--———
Singer, Deane &

600,000

Kirkpatrick-Pettis

$2,721,973

365,360

Co.,

Richards &

W.

Hutzier-».

duPont & Co
Dillon
Co.

Kidder,-Peabody

)

$2,419,589

$3,062,352

1,679,797

—

Reserved for. inc.

.

1944

&

(Inc.)

V.

Total

Net

•1245

R.

.400,000

Forgmi &' Co._^
Graham, Parson^ & Co.
Harris, Hall '& Co.
.

produced

John

Herman

announced

400,000

i—_

Salomon

200,000

Dickson

Co

——_

Richardson- &

&

Inc.

Kay,

Co.

300,000

First- California Co.___
Foiger, Nolan Ind._

.s

M

200,000

Glore,

Ltd.—Earnings--

6 Mos. End. June 30—

,

b

&

Phelps, Fenn & C6
Phil.ips, Schmertz &

-900,000

Eastman,
Fauset, Steele

.

Dome Mines,

200,000

Francis I.

eonipany on Sept. 18 filed a letter of
notification w.ith the SEC
15,000 shares ($1 par) common
stock, to be sold at $1.25 a share
underwriting.
Proceeds will be used for
operating expenses.—
166, p. 665.
'
'
'*■■•
-

.2

Newton

fixed

existing first mortgage bondls

a

.

York Hanseatic

Corp.

200,000

Inc.^j

S.

;

1947.

.

M.

the
year

exceed

.......

5,700,000
2,000,000

Moseley & Co

New

L.;Day & Co.J-

R.

D.

E.

& ' Co.,

Co.___^___^
Codings and Co^

Co.,

!

S.

400,000

C.

R.

of

Morgan Stanley & Co._
F.

&

Cunningham

extra

shares

without

V,

200,000

a

necessary
to
increase
to
to be purchased by th6

snares

National

Stockholders

600,000

—

of

be

may

stock

Ry.

—

not

and

of

$b00,000

will

Dana, President of the Dana
Corporation.—V.

Pierce,

Lynch

&

Cooley & Co
Courts & Co.'
S. K.

$0.83

tExcludes

^

include

as

Share— '

Moore, Leonard &

rJulien Co.lin5 & Co.„^£

700,000

•

of

Eureka

200,000

Co.,

Co.____

Inc.

The

•for

and

F,: Boynton

C.

$57,931

'

$1.07

A.

4,000,000

&

the

they

York

payment

to

firm Of Wickes, Riddell,
Bloomer,
McGuire; Jerome A. Newman, Vice-lrresident of
Graham
Newman Corp.; Frederick
Brunner, member of Arnhold Bros.; Junius
A.
Richards, partner in H, N.
Whitney, Goadby & Co. and Charles

4,000,000

Beane_—

Lynch,

Fenner

presently

New

Ox

Alter

reduced

loan

on

Bank

York.

1,206,938

approval of

Chairman
&

York;

and

corporation

Wertheim
Jacobi

——200,000

Minsch, Monell & Co.—

200,000

Chaplin

525,000

-700,000
•

.

requirements.

tDoes

-

$224,765' *;
-

$0.83

,

Doman-Frasier Helicopters, Inc., N.-Yw^-Files
•

&

Lcswortn, Sullivan

,450,000

525,000

the

of

for

400,000

Parker &

'

2,529,219

,

President

are

Merrill

100,000

Boettcher

$1,032,931

share--,—:—,

net

p.

1,127,784

$1,199,765

>.>$88,904
t700;00D

_■

outstanding^.-.-.

common

stock

—V?.165,

1,159,516

Co.

bank

consist

unsubscribed

common

new

President

4,000,000
:

and

of

il.e

to

200,000

Co.

t525,000

regular, preferred

dividends

Applegate

Inc.

shares

•Earnings,

900,000

G.

Inc.

$1,063,904
t450,000

dividends

Common

94,680

taxes ).*■'

dividends

Common

>

Soc.

95,368

160,022

1945

taxes

profit

Preferred

•

and

municipal

'

tne

Cullman,

McJunkin, Patton &

Corp.

$3,656,830

■

„

and

1946

$2,422,917

t.ne

will

loan

shares

of

Subject to

the

them, respectively,

shhres

principal

refinanc..ig

tne

be

capitax.zation compr.ses
debentures, 3,000 6% capital

of

scares

the

and

the

in

by

New

will

Present

$4,754,000

of

bank

additional
number

writers.

•

Redpath
Ballou, Adams

$2,383,442

.

purchased by

American Securities

cents.—

Subs.)—Earnings—

Operating income
Depreciation
inc.

60

be

Corp._$11,900.000 Lazard Freres & Co.,.
Brothers.:
200,000
Lehman Brothers-.

Auchincloss,

Diamond Match Co.

(incl.

of

Geo.

6 Months Ended June
30—

Federal, state

commission

a

to

follows:

as

565.

p.

for

of

$993,000

such

the

such

charges

The First Boston

Co.—Secondary Offering — The
Corp. on Sept. 15 effected a second¬
offering of 5.0C0 shares of common stock
(par

166,

Co.

charges

capitalization

$2,250,000

constitute 24%

as

stock

new

lVs

.

approxi¬

that

bonds

'

Initial

.•

that

program

ary

at

Trust

fixed

alone.

the

utility.

lor

Detroit Steel Products
First of Michigan

V.

total

prior to payment of
charges of approximately

.

UNDERWRITERS—The

.

Midland

loan,

while

It

electric

an

Marine

bank

the

in

of
to

*

reduction

from

Tiie

nas

factories,

required

energy

lor

mortgage

share

a

subscribe

with

appropriations for retirement reserve and amortization and
it is contemplated
by the company that the
balance, subject to the
necessary approvals of
regulatory bodies at the time having jurisdiction,
will fce provided
through the issuance of additional bonds or preferred
stock
although temporary bank borrowings
may be
made from time
to time.

ether

Co.,

98.81299

of

advisable.

are

is

foregoing

...

,

Harris,

Co.

&

,

electrical

system.

also

first

of
to

the John Hancock
Mutual Life Insurance Co. at reduced rates
amortization
and
interest, the latter to range from 3.65 'fe to
3.75% per annum
compared with 4.4% on the existing mortgage.
In addition, an
amortizable loan of $2,250,000, due 1557, has been
arranged lor by Wertheim & Co.

production, transmission and distribution system rehabilita¬
betterment, new business construction and many miscellaneous
Changes may be made in this program, if the business of

and

projects,

1947, and to mature $74,000

1962, inclusive.

1048.

p.

approximately

income

The certificates

the

provides
the

on

V's

of

mately $7,500,000 Will be expended in 1947
and approximately $13,400,000 in 1948.
The largest project in this
program is the installation
at an estimated, cost of
$8,500,000 of. the second unit at the company's
.Frank R.
Phillips generating - plant, -'The balance of the
program

'

maturity.

semi-annually May 1,

of

Rys.

pian

■

Bros. & Hutzier, Drexel &
Co., Union
Securities Corp. and Stroud &
Co., Inc., on Sept. 26 of¬
fered $2,220,000
2y8% equipment trust
certificates, series
L, at prices to yield from 1.15% to
2.55% according to

bids

company lurnishes all
of the Pittsburgh

businesses other-than that

of

.in

"

Offered—Salomon

ana

coct

entitled

outstanding $15,430,000 4.4'^ first mortgage, due 1974, with a new
$14,750,000 25-year iirst
mortgage.
The new mortgage was negotiated

the

by

1947-1951 CONSTRUCTION
PROGRAM—Company's program for systcm improvement in
.the-years 1-947-1951 contemplates the expenditure

388,325

v;°$1.25

•

Denver & Rio Grande
Western

sold

energy

.

382,849

common

•

■'

1945

$333,133

734,.>29

.

electric

Company ownsa.l qf the capital stock of
Allegheny County Steam
Heating. Co. which furnishes' steam heating service to
approximately 435
customers in the principal business section
of the city of Pittsburgh.
The company is a
subsidiary of Philadelphia Co. and utilizes certain
property and personnel jointly with
Philadelphia Co. and others engaged

■

1

$1.14

two-for-one

3050.

p.

:

1946

.

-

776,650

'

>

—.

November, .1946.—V.

$513,990

$1,701,863

f>92,766

$889,149

Capital shares
outstanding

July 13,'46

other

Subs.)^—Earnings—

profit'

Earnings

all

>

Provision lor income
taxes——•
Net

47

$334,351

taxes,. and

wlil
rccei\>e
without
share held and will be
stock at $3 a' share,

each
new

interest

of

supplies energy to some
extent under,
interchange, agreements to non-affiliated electric utilities.
Company owns and operates certain coal-properties and the
supply
of ccai for its
power .plants is largely secured from this
source, except
that coal for the
operation of the Frank R. Phillips generating plant
is now being
purchased.

r-28 Wfeeks Ended—

$168,864

Federal

the

now

sale

equipment,- electrical -macninery- and equipment,
refractories, building
material, plumbing accessories and chemicais.
Tne Pittsburgh district
is also an important railroad
and river transportation center.

,

The

July 13,'43: July 12,

$96,047

,

interest,

of

is

and

food products p.ants,
ferro.us and nonferrous metal
foundries, oil refin¬
eries,
steel
laoncaiing npianvs
ana
p.ants
manuiacturing
railroad

operation

Ended-

all

and

company

distribution

glass

Cushman's Sons,
Inc.—Earnings—
—12 Weeks

of

The
Pittsburgh district comprises a highly industrialized area particularly noted tor. .its output ox-steel, pig iron, coal ana coke.
Otner
important, industries located in, the district include <

.

.

earnings
165, p. 2797;

utility

transmission,

Substantially

energy.

for

The

operating; public,

an

production,

company

,

Net

is

the

stockholders

'

'

aggregate population based on. the 1940 Federal census of approxi¬
mately 1,440,000, of which,, according to such
census, 671,859 reside in
the city of
Pittsburgh.

operating revenue
l
$63,478,518 $46,739,406
Eamingo before Federal aiid State inc.
taxes—
'■ 4,790,263
2,910,^24
Reserve for Federal income taxes—■
2,022,000
987,950
Reserve for State
income taxes
•.150,172
100,752
-V.

5

(1253)

an

Publishing Co. (& Subs.)—Earnings—

6 Mos. Ended June
30—

CHRONICLE

company is generated in it3 own p.ar.ts.
The territory served by the
Company embraces the city of Pittsirtugh and surrounding municipalities
in Allegheny and Beaver
Counties, Pa., and one municipality in West¬
moreland County), Pan
This territory covers an area oi approximately
817 square miles, includes 142
communities (cities, boroughs and townships.) in which .eiectric service, is furnished by tne

in

ih cash and

in

'

April

on
July 15.
each made

quarterly

FINANCIAL

•

cents

ti>e

on

&

BUSINESS—Company was formed in Pennsylvania by the consoli¬
dation and merger-of
Duquesne-Light Co., Monongahela Light Co. and
Oakmont and Verona Light, Heat & Power
Co., under agreement dated

Oct.

stock,

•In

ore

and

stock

New Common Stock

on

COMMERCIAL

'1947
or

electric

output of

13.1%

over

J

this corporation, for the week ended Sept.
19)
139;063,791 kwh.,%an increase of 16,069,720 kwh*
the corresponding week of last year,—V. 166, p. 1150.

amounted

to

0

Operating
/

expenses

1946 1'
$5,208,879

4,610,195

(4,188,106

$1,190,914

revenues

Operating

$1,020,773

/_

—

-

Miscellaneous
,1
Total

Prov.

••

•

-

.

income

Class

?

amortization,

Prov.

—258,040

income

Federal

for

289,000

—-

profit

.Common

$596,899

a/-——

600,000

shares

outstanding——,
Earnings per common share—
y. 166, p. 268.
\
t

.

r

-

Week Ended Sept. 14
1S47

Operating revenues
166, p. 1150,-,

$43,300

.

$41,125

Falls

$1,716,003

$1,822,059

:

The

C$5

The
three

shares

•

for

■

.

.
*•

to holders of its out-

to subscribe for the r.ew stock at the rate "of

rights

standing stock,

t

'

.

plans to offer, early in October,

company

each.

shares

10

then

held

at

price

a

to

furnished

be

,
•

Iyy amendment.
-Any unsubscribed stock will be purchased by underwriters headed by
,

.Morgan Stanley
The

Co.

practically

writing ,'of

every

of

form

standard

.

Since

Insurance1 Co.,

dollar

creased

volume

sharply

strengthen
written.-—V.

in

of

premiums

recent

Gloria Vandertjit

the

except

insurance

between- its

funds

capital

premiums

and

President

Handman,

of

cosmetic

Products,

Maurella

Street,

60th

active

Continue

York,

New

the

in

Y.

N.

i

San Diego, Calif.—Filing with SEC

Stores Co.,

Grand

10,000 charei

17,

Sept,

On

*

of.which 5,000 are

(the SEC,

common stock were filed with
behalf of Edwin A. Barnes and 5,000
both VicerPresidents of the company.

($1 .par)
on

behalf of Harlan B. Eidred;
The shards ^re
to be sold at

On

1721.

Ji.

market

....

Great Northern Ry.—Obituary—

4

*

(died

;.

-

t

.

^

.

■

.

/

-

►

-

r

'"'

in New

Waiter

Great South Bay

described.

in

Hawley

'

.■

The

Co.—Partial Redemption—
redemption

A

(operation of the sinking fund, $7,500 of- first refunding mortgage 5%
Wold bonds, extended to Nov. 1, 1949, at 102. and interest. • Payment
W.U1 be made at The National City-Bank of New. York,.trustee, 55 Wall

JSt, New York, N.

164,

Y,-r-V.

Greenback

1594.

p.

-

Ine-.

-

,

manufacturing

business

Hawley

of

&

Deprec.
Net

company

stock

the

and

Hawley ft-'-Hoops/'--;11 -

changed five years later to

was

severally, agreed

have

underwriters

($10

the
set

forth

"

Blair

&

stock,

to

.

be

Associates

and

Inc.,

offered

Sept.. 25

on

F.

cluded

which

of

units

the

in

18,500

will

shares

:-writers

and to

to such officers and

be

customers

certain

«r

offerings of the balance of

or

private

sale

may" determine.

tC.

«I

New

Jstock

National

,

and

..

,

273,509

about

or

net

.

of

--"•••

Co.,

Inc.___;_

stock

to

be

shares

-

of

by

I.

'

class

purchased

-

1,000,000

1,000,000

1,000,000

1,000,000

$0.27

$0.52

$0.31

$0.33

'

158.

Preferred Stock Of¬

Inc.,

f

1,305

has

INCOME
-

311944

$2,367,652-, $1,369,641

2,278,416

' 1,499,369

684,998

587,643

v

965,845

-

Federal
•"
j

__'_i

-.

^

$489,3lr

$1,580,075

income____

31,303

normal,, tax

-.

13,498

237,380
$196 415

$280,634
^8,807

•

142,411

profits

200,000 shs.
8,172 '/2 sbs.
14.900 shs.
,('750,000 shs.

:

7,525 fihs.

-

14,900 shs.

410,000 shs.

into

5

^

for: the" previous fiscal year
^.payments i made during .the

t-6,932

,

t--

ending Sept; 30, less the amount ot prct
-ri^vious. fiscal -year (mot r required, by,, this

provision.
' ' '
-r
68,824^"36,045. ,T '/-.t'*'*UNDERWRITERS

103,271"

and

.

OF:PREFERRED STOCK

%o/bf

■

v 1

'

1
'- No. Of Shs.
400

101

588,000

exc.

400

126

taxes

40O
400

Consolidated net profit

'-,3.00
'300

Candy Corp., which wiir acquire certain assets of Haw-

'

ley & Hoops,

,"i

from

*"•

Shares

entered

$203y347

$289,441

$502,841-

$1,611,384

surtax

Fed.

par).

'

i

•

'

operating profit
Total othdr charges____

•

(10c

<$20 par)—

,

$1,100,000

of 59,600 shares are reserved for conversion of tht>
6% convertible preferred stock, series'Hi .tCompanyt
an
agreement with Bank of the Manhattan Co.,
The Marine Midland Trust Co. and Central National Bayk of Cleve¬
land
under
which
the banks have agreed that subject to certain
conditions and„ concurrently with the-delivery to the company of the
(stock oL Star Manufacturing Co.,
but not later than Dec. 1, 1947,
the banks will loan to the company an aggregate of $1,100,000.
Such
loan
is to be represented
by
notes of which an aggregate. of
-$150,000 are-to mature on Oct.
1, 1948, $200,000 on Oct. 1, T949*
$225,000 on Oct. 1, 1950 and Oct. .1, 1951 and $300,000'; on Oct. L,
:: 1352;
In addition 'to - the Required1 payments at 'fixed- maturities, the
company is required by the bank loan agreement to payr.on Jen/, 31", "
19491 nnd on eaeh/Jart. 31- thereafter- on account /of the principal *ft :
the. then last, maturing notes a sum equal to 50%
of the consolidated
net earnings of the company and its subsidiaries " in excess of $400,000
14,900

,

Total

A

-

(,

aggregate
of

"Ap

1.305

$3^452,757

stock

Common

1,305

1945

as

Outstanding

1,.*
,
—$1,100,000

1952

1,

stock ipar $201
—a
cumiHatlvc series a; J$20- pai'l —" J *

3,915

companies)

be

-

Oet.t

serb-lly ir-or*

due

Oct.

to

convertible series B,

3,915

—Years Ended July

will

capitalization

■.

Authorized

6%

i

the
will

Co.

•

.

7%

1.000

194S

1,148,135

other

.

Preferretl

admin,

Operating profit

Total

Manufacturing

Star

of

1

6,530

3,869,722

expenses
'

stock

of

1948

7,835

3,000

subsidiary

and

fund3 of the company.

the general

of

6,530

$6,597,934
&

folk such payment out

Notes!

t4%

7.835

re¬

sold

gen.

.

'

1

CONSOLIDATED

OF

Products,

turns, .etc.

Selling;

of

payment

-•

7,835

.

1.000

11 Mos. End.

goods

the

be

The

Co.

V CAPITALIZATION—After completion of this financing and acqui¬

-

'

'

Manufac!-

SJar Manufacturing Co? Tri the. extent that 'such balance is insufficient
to pay the full purchase price of such stock,
it will be necessary* to

follows:

,1,000

less

Cost, of

toward

•

provide

3,000

& Tornga.

$1,100,000

applied to the payment of an equal
notes of the company now held by Bknk
balance of the proceeds1 will be -applietl
the purchase price of the capital stock of

will
of the 4%

$650,000

Manhattan

the

sition

5,000

Corp

—

sales,

proceeds

principal amount
of

13,055 :

5,000

;

June 30,'47
Gross

a new bank loan in the amount of ■
the purchase of. the capital, ttock of Star

with

'

,

(Gum

such

,

_

19.590

6,000

-

b_„

STATEMENT

Registtat:' Bank
.

of 4he -175.000

common

eut-tdg-

share.,.--

11.750

9,000

Co., Inc.___.J_________i_:.
Company

Larson

•

pur¬

68.200

6,000

:

,_i

King '& Company.

-(underwriters, .after deduction of - expenses, estimated - at- $80,000,
amount to approximately $1,798,050.
Such net proceeds will be used
"■*bj the corporation for the following purposes:
To purchase, all the capital -stock of its subsidiary, H. Si H.
">
■

&

,

and an offering
stock at public
market price at* tiie

York.;.

New

$327,225

166, p.

concurrently

v-

44,395

6,000

Inc..

by' the

,

proceeds

shares

Bank,

208,405

$314,223

'.turiiig Co. "The aggregate net proceeds of the sale of the new preferretl
-.stock and the new bank loan will be approximately $1,350,750. y Of

common

the

182,039

$527,613

which it is- to obtain

(

,

Chase

PURPOSES—The

-

«

Agent:
York.

at

Williams

T.

DeYoung,

the .underwriters

of

&

Securities

not in¬

offered

424,233

$269,357

-

Co.__

Co.,

York

Bradbury-Ames

employees of the

shares

&

,,

offering, at Such later.' dates' 5as' the undefwri'oeSa
'
" .

Transfer

.

made,

be

may

such

(time of any

of

the

W.

Clayton

corporation
«nd in such amounts as may be requested by the corporation at least
JKbree days before the closing date, approx.mately 41,200 shares w;ll
fie offered to officers„_ directors and partners of the several undereeveral underwriters

Putnam

L.

Wairen

175,COO

additional shares, of common stock -are

98,500

$118,819

68 200

10,000

Emanuel,: Deetjen & Co,
Goodbody " & Co.___h

'cqiiVertible ((par
$5) and 175,000 chares of common stock (par $1); The
.stocks were offered in units of one share of each at-$l 1:50
per unit, plus dividends on class A stock from Sept. 15r*- .
addition,

$132,190

Hercules Steel Products Corp..—

'

34,000 >
15.000-

Fxfcik Knowltbh- &
r

.shares of class A stock 60b cumulative

I In

to

35,000

'V;./

'.!,

Graff & Co.
MbManus & Co.
Baker, Himonds & Co._J

Gum Products, Inc.; Bostbn—Stocks Offered—-Blair &

>

Co.,

$103,'381

293,603

per

4Loss.—y.

Common

35,000

■"

'

Joseph

two .shares5 of, common,

•

36,859

t'$24,247

—

shares

Eanlings

Nunaber of Shares

„

Inc._-___^l___.__.____r__._„„_k

Co.,

Hardy & Company__,____
M.. Hidder & Co.kl. "'-'

offered in units of one share-of preferred arid
at i$ 10 per unit.
Underwriter, L.-L.- Ha Ley &
<Co., Knoxville, Tenn-.
Proceeds" will bs- used to pay for equipment
end buildings.
' ***■■.',„
* ■
"'v.
.
common,

121,117

19,145

...

profit.

profit

Capnai

respective

stock

-A.

letter uf" notification with the SEC
preferred- and 50,COO shares (10c par)

parl

283,217

126,861

6,911

„•

income

Net

number, of shares, of class
beloW opposite their respective
-V. jf •»
-v.".» 4' . -•

corporation

common

Class A

17 filed- a

Sept.

on

shares

25,000

£35,064

105,437

5.785

(est.)

depletion'-.

and

oper.

Other

\ '
Hoops- was-estab¬
S. Hvwley & Cd.,

Townsend,

The

tor

201,034

56,065

■

accrued

.

j

r-

-

Hoops,

name

names:'

Industries, Inc.—Files with SEC

(Tenn.)

&

candy

chase from

through

Nov.., lr, next,

on.

$417,763

144,280

$181,884

sales

Taxes

the

UNDERWRITERS—The

-p

(

.

called-'for

been

have

1S44
$566,012

$513,259

Operating expenses

lished over 72 years, ago-under the firm name of John

'

There

1945

ore

*

which

.

from

receipts

,

-

Vice-President irr charge of the foreign^,department,
York, N. Y„ op Sept. 19.—V.-166, p. 949.

G. Dow,

"Harry

1246

'

1547

3 Mos. Endi June 30—

•

dealers.—Vi 164,

registered

to

'.

•

.

formerly occupied by the Vanderbilt, corporation on 60th St.
Idas been sold to Maritime Express," Ltd.," 19 Rector St., New .York,
JNT. Y.—V. 165, p.-3051.
The salon

.

<1051.

p;

5

manu¬

Vanderbilt, he rsaid, will
distribution of the product.

and

166,

.

Mrs.

manufacture

v

Hecla Mining Co.—EarningsNet

.

facturers, 100 Varick St., New York,. N„ Y., pn Sept. 24 announced-that
Iris company had absorbed the Gloria Vanderbilt Corp.,
perfumes, 16
.East

owned

which was previously a wholly

paraday,

-

..

Corp.—Acquired.by Maurella—

.&toc^

I

'

"Maurice

Manufacturing Co., of , Cincinthe corporate name) and

However, Hayes retains

of

■

Falls Group has1 in¬
capital is desired to

Glens

and. additional

years

the relationship
165, p. 54.

of

estate

real

organization

engaged

-

life.
The

'

fered—Dempsey & Co., Van Alstyne, Noel & Co., Sutro
'
; T
*
& Co. and associates on Sept. 19 offered 14,900 shares of
in January,
1940, the corporation v has been
manufacture and distribution of specialty lines of
6% convertible preferred stock, series B (par value $20)
chewing gums, including the sizes, shapes and types of chewing gums
at par and dividend from Sept. 1.
i
popular with the juvenile trade, and since May, 1943; the corporation
HiS'lOxtY
&
BUtilNESS—Corporation was organized in Delaware
has also been engaged in the manufacture and distribution of certain
May 10,. 1946 and shortly thereafter acquired all of the common rtock
other confections.
The current products-of the corporation
include
: cf
Gal ion
Metallic
Vault "Co.
(Ohio)
which had been engaged in
Yanks Bubble Gum, manufactured for the juvenile, trade and retailed
business since 19C5.
On March"12, , 1947
the Ohio corporation was
in 5o packages; Ja\7 Teasers, a large candy-coated ball bubble
gum
.merged into the company.
>■ ..
manufactured
for
the
juvenile
trade,
sold- at
retail at ;2c each;
The company is engaged "pi'imarily in the-manufacture and eale
Chu-Mor,
a
slabi bubble gum/ retailed in 2c ■ packages.
Cough-lets,
of products for use with motor trucks, principally dump truck bodies
a
medicated
candy-coated chewing gum, retailed in
10c packages;
and hydraulic, hoists, and to a leseer degree in., the manufacture of
B-Wise Girl/a breath freshener candy-coated chewing gum,
retailed
metallic
vaults.
For
the last
full
pre-war
production year
burial
.»
in 5c packages;
candy-coated ball chewing' gum sold through self(1941.)
net sales cf dump
truck bodies and hoists amounted to 73%
service machines; and Harvard Nut Crunch, consisting of nut candy
of total net sales while net sales of burial vaults amounted to ,24.3%
.centers
coated
with
milk chocolate,
retailed-in 5c packages..' The.
of
the
total net sales.
For the seven months ended July 31,
1947,
corporation also has a number of new products in-various stages of
the 'comparable percentages are . 84.6 %
:
and 9%.'
A
development which have not yet been put on the market.
•
h
The plant and principal office of the company are located in Galion,
ACQUISITION OF HAWLEY & HOOPS—Substantially all the assets
O; -Company has entered into a contract for the purchase of all df
(except cash) of the partnership of. Hawley & Hoops and certain real
the outstanding stock of Star Manufacturing
Co.' (Mo.) It is con¬
estate belonging to its partners are to be purchased pursuant to an
templated that such corporation may be merged or liquidated -into
option agreement dated Jan. 27, 1947, as amended, and such purchase
("the company.
Since its organization the company has from time to
is
to
be
consummated
on
the
closing date contemporaneously: with
.time had under consideration the acquisition of the assets and busi¬
the purchase of the preferred stoek and common kock by the under-;'
nesses
of other corporations or firms engaged in the manufacture of
( writersi
As
a
condition ' to
such
purchase "of : such securities,' the
steel products.
If favorable opportunities arc presented in the future
corporation, on or before the closing date, shall have" exercised its
for-the-purchase of other businesses, the company may make such
option to., purchase such -assets, and real estate-and such" assets apd
other purchases
if the funds therefor are available or .can be se¬
rear estate .shall have been
transferred to a wholiy-owned subsidiary
cured by borrowing or by the sale of securities.
' f
of
the; corporation.
Such subsid ary has been incorporated in New
PURPOSE—The net proceeds to- be 'received
by the company will
York under a name
which, after such transfer, will be changed to
amount to $250,750.
Company has entered into an agreement under

its, subsidiaries, Glens
has facilities" for

with

1C'*9 and,

Commerce

and'

herein

as

•

organized in

was

Indemnity

; the

Co.

&

company

Falls

•

.

(No

-

.subsidiary of American Engineering Co., of Philadelphia, Pa. - American
Engineering was acquired by Hayes a year ago through an exchange of

subsidiaries of1 the corporation:
Two
Star' Confectionery
Co.
(Mass.), incorporated May 26, .1243;
COughlin Bros. Co.,Tri'c. (Mass.), incorporated April, 5„ 1944; Remarc
Laboratories, Inc. (Mass.).,' incorporated April 13,-1944;' and H. & H.
Candy Corp. (such name to be changed to Hawley & Hoops, Incy,
a' New York" corporation incorporated on .Aug. 29,
1947,
All tlje
outstanding stock of said subsidiaries is owned by the corporation.
The Massachusetts subsidiaries are distributing organizations for ,the
corporation's products.
The New Yolk subsidiary has been formed
to
acquire the asSets of Hawley & Hoops and carry" on ^ its business

on Sept.
18 registered with the SEC 150,000 shares
capital stock.
An increase in the capital stock of the com¬
to 650,000 shares was authorized by stockholders

from 500,000
Sept. 5, 1947.

certaih

the

are

SEC
10

bemused for rehabilitation program.

will

Proceeds

named.)

0hio, .for cash.

nft

'

'

the

on

share.

a

Adrian, Mich., to the Sperti Electrical

Products,

companies

following

The

company

,

par)

pany
<on

With SEC

Co. Registers

Y.)—Insur.

(N.

°lthek corpJ J

Upon

1940.

5,

par-

Hayes Manufacturing Corp.—Sells Faraday AssetsR w
Clftrk preSident, on Sept. 24 announced that tnis corporation has sold the manufacturing assetSvot Faraday Electric Co.,, ot

Willi be

'
Jan.

$5

underwriter

Inc., was incorporated-In Massa¬
organization, the corporation acquired
as
a
result of a
purchase from a U. S. Referee in Bankruptcy in
the- U.
S.
District Court for the District of Massachusetts certain
assets of International Chewing Gum Corp. consisting chieily of guhv
manufacturing machinery and inventory, for $16,500 cash."
.
chusetts"

•

Glens

cash )

its partners

by

ORGANIZATION—Gum

Jan. 1 to Sept. 14
1947 1946'

*

1946

at

a

purposes.

Georgia & Florida RR.—Operating Revenqes"Period—r

owned

stock,

preferred

cumulative

(currency basis, one licco equivalent to 50
are
to be- offered for subscription to common
basis of one share for each 1%
shares owned

shares

The

stockholders

capi^z&tlon oEn1J5°0n^ares of caP ^

$0.77

.

J;

cents).

partnership and sub¬
and certain real^ estate used
is

Hoops

&

(except

assets

its

all

175,000 shs.
800,000 sns.

437,500: shares will be initially reserved
the 175,000 shares of class A stock.

HOOPS—Hawley

&

175,000 shs.

*

* 1,500,000 shs.

7%

shares

500,000

Philippines pesos per share

_

.

•

covering

Outstanding

s'f

.

$503,745
600,000

$0.92

(par, $51
—;

—

The company on Sept. 24

:/

,

closing date to H. & H. Candy Corp
^ f
organized for the purpose under the law*of New York .and upon
consummation of. such transfer , the name of such subsidiary , wm be
changed to Haw.ey & Hoops, Inc.
Such
es of-iaDltal'
pcrated; with an authorized
stock (par $100),..and all its outstanding capital stock . will be issued
to the corporation for $1,650,000 in cash to, be used
to. acquire the
assets of Hawley & Hoops
and such real estate and for: the other

♦

:,.2iet

273,500

shares

of

business and

its

in

244,345

398,000

taxes——.

conversion!

the

$11

(par

authorized

stantially

ad¬

of

stock

Hawaiian-Philippine Co.—Registers with SEC—
fi ed a,-.registration statement with the

and sale by the corporation of 175*000
shares of common stock is as

issue
and

stock, 60c cum, coriv.

HAWLEY

$1,037,090

$1,252,940

j

and

plant

display

the

stock

1

the'

'Of

for

.

vertising

A

Common,

.

-

—

retirements

for

•

.

14)
A

Authorized

16,317

62,026

(net)

income

class

of

follows:"'"'

'

..

V

Profit

shares

1947
$5,801,103

Quarter Ended June 30-^

and

Corporation,

General Outdoor Advertising Co., Inc.—Earnings—,

;
*

1947

Monday, September 29,

FINANCIAL CHRONICLE

THE COMMERCIAL &

(1254)

To

a partnership, and certain real estate
Hawley '& Hoops--L J_r_„„:_r._
$1,650,000
outstanding 5% preferred stock at- ll0__
60,500
part advances made by officers_n__..____ :
.
^67,550

the partners Of

redeem

its

in

repay

H. & Hi Candy Corp. will apply the $1,650,000 to be received
in consideration! of the issue of its capital stock as follows:
JFor purchase of certa+n" assets of Hawley & Hoops pursuant to the
cption agreement.
Total purchase price (estimated, incl." an estimate
«f
$100,000 for machinery and equipment received
after
May, 31,
vy

June
Net

,

llaw ey & Hoops, which deposit? arc to be credited against the pur.chase price, $187,500; for expenses of incorporating H, & H. Candy

Corp.

(est.),

$2,750;

for

working

capital,

$26,097.*

,

Vi'fhe sum of $187,500 paid to the corporat'on by Ha & H. Candy
Corp. to re:mburse the corporationr for deposits1 made by-it to secure
o~t

on

will

used

be

as

follows:

To

repay

balance of advances made

toy officers, $12,450; to increase the working capital of the corporation
8,175,050.

expenses

CAPITALIZATION,

(Adjusted
The

to

give

GUM

effect

to

PRODUCTS, INC.
present financing)

and as
®djusted to reflect (1) the amendment to the corporation's agreement
Of association and articles of organization adopted at a meeting erf
the

capital zation

stockholders

held

of

the

corporation

as

of

June 30,. 1947,

distribution of 526.500
record of lt755
(Shares of commbvv , stock (no par) outstanding ofl Aug. 27, 1947', in
exchange for tfcaif h ldings, representing a 300-to-l stock split-up,'73)
lire redemptlbh of all outstanding shares of 5% preferred stock of the
.chares

of

common

Aug.

stock

27,

(par




1947,

$L>

to

(2)

the

the

holders- of

453,167.

632,957

92,897"

r

123(233

•

Johnston,-Lemon

gen.

i.

rs__

profit

Operating

,

$141,077

_^__

income

Other

-•■,

$151,503 '

498

-

'V
'

—4-

2 375

."

1154.70
"17/7,

'

Vvf

; ;■

>

"-

m

•

.•«tR«-oK»7*«ion iw;

$156,257 '. (.'$120,137
239
,2; 028

.

•

Galion

(a),
•

*

r

Total' income

:Zz-

$141,575: "

'■# $156,497'

$153,879;

..

29/927

—.

*"•'

r

166,

'____

____".

Net profit
p;

$111,648 ' ;;

$121il77'.>' $156,497^/ $|20,18l

(C. M.) Halt LamprGo.—Gapitalization

X^crea|eid^50%

1

stockholders-ori

Sept, 24 voted

.one

new

proposes

;-share- .for each

determined later.
stock

by 89-,6-1714

Transfer
anc't

to

This

The

split.-1

two

action

shares to

to -increase the authorized eepi-

a

a

stock distribution

shares presently

held

would increase the
new

sharfes.

.

.

■

-

earned surplus is planned to accompany

17,078
83,816-

-

1.705,397

190,918

2,655,491

1

:.'V

336,179

/

578.830

-.404,500
425.000!'

5

583,829

427,000

—

*—

'

June 30,'46_

The Company— »
,

>

-

150,626

4,955,767

30, 47„

,

68,64^

,

93,800

303,145
122,213
-

.

■

/:

Yfeat Ended
Jan. 31

the

1348—/-a

$120,820 del.$59.034

—a

V1S47-J—

/

'*

046,88 7

def-.$59 034

t

358.887

*■$188,000
115.150 Z

-

172,724

876,655-'287.874.
^Reduced approximately $23,000 by .carry-forward of -.loss'* cf—pre*-

JUly 31:1047 (8mo5.)-i:/".
•

1,876,124

-•

<• •

ceding' year—V. 16G,- p. 1150. v

1

-fit***

-

4.

.

,

,

171,179
113,3"4p
154,955"
153,830
156.829
,.,.,,91,126

227,500

2.16,013

■

,

-121,918

,

,,

59,500

533,645

1,630,173
■

-

■

13,951

'

235,537'

348,877

559,455

896,752

-

88.14^.

.

15174 (
75,000 '
215(000

5,887,580

,

:

Proiit';

•

3,127

1,051,042

i

-

,$>18,372

29.989

Mayal,'47—July 31,'47_a .. 1,554,073
(cj star Manufacturing Co.— .. *

,

,

^21.0.c4

,

113,138

875,523

—

May 10,'46—Apr.

be

.meeting was adjourned :uritil" Oct/ 2 to eriable
stockholders to act on' any fehanges- which) might be>trequtred> byr State
or Federal agencies in
the amendment increasing, the capitalization.—
V. 166, p. 1150.
'
- «.

Taxes'

<9

;$39,426?

3,633", 428

;.v

/-

stockholders'

Fed. Taxes••

■

;' -^ejt

5,135,634

(b)

outstanding cdrnmoh

total of 268,851%

i

1.1:09.727

1945-'-,—

at 'the" rate of

at-a-1 date' to

/i Fed!

L344L—a

6 Mos. End.

capital aeeount of $230,319 from present capital surplus

$217,767 from present

stock

issue

to

1340'-

' f

1

1943—

tqlization from. $1,000,000 to $2,000,000 bv increasing the number of $5
par common shares authorized fiom 200,000 to 400,000.
company

Sales

a

•

Profit Before

$1,063,942./

V19421

^.

•"

The

1

.-1941—

,

'

.

•(

1937—

1938__r. _!i'_ __1—_'_L
-■1939^*—-—------

;.

i

Stock Dividend to Be Paid—

-

.

Metallic Vault Cfr—
"Net :

V"

.

949.

-

SUMMARY OF EARNINGS

'
'■

1936-—^-'

.

t '•

k

~

—V.

Y.;ars-

1,984

1

32,702
J

v

,•($122,165
-

Other deductions

■'

'

500. ■*%,. Ctysaig©
200-.
>4pj",.-•L'qu-is'-H-/ -Whitehead*200

-*,:

""Gebrge R1 Cboley & Uo., Incl.

1 i 1(346:
7
•'T,':'

/Calendar

The

.

•

sold——

goods

Selling, a-dmin. and

Chase

price, $958,959; for purchase of real estate from partners of
Tlawley & Hoops, $474,694; to reimburse the corporation-for the del<os ts
made by it to secure the option to purchase the assets of

$907,694'
"

it

1947, and commitments for addiUcnail machinery and equipment'be¬
tween that data and the consummation of the purchase-), $1,146 459;
less payments made on account of option,-$187,500-; balance for pur-

*"1946

30,'47

$687,143 :

sales,

-Ccst; of

• .

<

Volume

166

Number 4633

/

>

R.

,

B.

Has

Gookin, formerly

been

C.

•

.

A.

eiected

Brinkman,

le-elected.—V.

the

Comptroller's Division,-

the

"V"

,

since

Comptroller

1, -1945,

July

166, p. 949.

was

ENDED

..

sales,

less discounts,

Co^t of goods sold,

Profit

from

JUNE

returns

operations-

Other income

been

income

,

I__/„___/'

to

reserve

Balance of

net

lor

future

profit,

inventory

transfd.

Surplus balance Dec.
31,

to

earned

/_____

$6,782,804

decline--^-—

price

" '

that

further

expansion

ties

will

accomplished

$4,782,804

1946-'-—

$28,474,174"'

Common stock dividends declared

also

are

June

30,

Barney

R.

1,028,624

1947

J.

Pressprlch

W.

Ames,

$26937,863

Common

shares outstanding—:
Earnings per common share—

~^-V. 166, p.

&

stock

Emerich

The

W.
Lde

&. .Co.,.

Whipple &

'

Watts

ized

issue

~rV.

of

166,

Sept.. 22

on

60,000

shares

of

949.

p.

approved

second

the

creation

preferred

stock

of

.

......

'

»

of
no

value.

par

;

,

Manufacturing

Co.,

Farwell,

Inc.,

Rochester,

N.

covering

200,000

Rollins

&

shares

Sons,

stockholders

19 filed

Inc„

who

($1

par)

New

will

registration statement with

a

stock..

common

Y.—-

York.

The

shares

receive proceed?.—V.

-

•

■

have

of

been

amount

called

for

Cas

interest.

first

mortgage

redemption

reduced

Payment

South LaSalle

1051..'

p.

sold

^Lbrd

H.

by

36-•

by

15,

made

at

1947,

the

at

plus

Trust

The

Sept." 2,

dated

bonds

Oct.

on

be

^1.119/,
3".357

Hornblower

&

Weeks

and
-

3.357"

St., Chicago, 111.
-

Subs.)—Earnings—

.9 Months Ended June 30—
sales
1

Net

...

Gross

'.'1947

.

—

'•

•Cost

of sales, incl.
sellg., adv. and deliv. exps.,
Administrative and general expenses—'

$3,787,885

5,467,724
293,779

f

•Total income
Discounts, prov.
Prov,

for

:Nct

shares

outstanding

charged

to

and

manufacturing

other

Hooker Electrochemical

leasehold

of

of

166,

lm-

been

sold

■& Co.

shares

on

for

the

by

the

underwriters

for

after

purchase

agreement,
Such 1,262 shares have
baris to two purchasers by Smith, Barney

!

tax--_iL.

822

L\.

.

371,552

$4,764,095

455,600
2,678,100

"' 113,850

•

-

480,000
2,830,500

75,000

—-

—

charge to inc.-

i

.

ipcomd':

j

•

133,700

The

out

Alms

of

$1,694,018

$1,063,286

Hotel

Corp.

has

called

monies,

for

$40,550

redemption

of

class

- --«.-•

-

•*

*

u.

Ended
net

operating

and

ing

in

the

period

first

of

half

administration,

of

1946.—V.

against

165,

915,424

tons

in

ore

'

the-correspond¬

2799.

p.

writing commissions cf $101,472,
will

penses,

Egnk,

New

.PURPOSE—The net

•

available for

general

proceeds

to

corporate

be

received

by

the

including

purposes,

company

will be

financing

the

'

of a

v

The.

company

British

Refrigeration

the

proceeds of

term

obtained

by the company early

®ion

plant construction has

and

presently
will

be

contemplated
out of

met

ciation

and

of

proceeds

insufficient
raise

bt;

1947.

not

The

aggregating

extent

of

yet been; finally

financing of

and1 current

financing.
such

for

to

in

the

loans

such

$3,000,000 1 :

further

<

•The

:1

expan-

determined.

concern,

It is

expansion

that

such

resources

may

of

such

-

further

financing,

if

of/4%
(p,ar

is

GIVING

EFFECT

TO

PRESENT

notes

5:4.25

due

Dec.

Common

stock

i1:4'HISTORY

York

New

($5

at

oi The Development &
since

par)-

-

—

■

the

100

different chemical products.
sition'of salt solution in

of

cjilorine, caustic

soda

processed

and

materials

resulting

sold

chemical products.
tries.:

Its

•

"

•'

50,000

shs/7*

None-

.

•

in

20,

active existence

which

a

cell

involve

of

©f

the

first

hydrogen,

combined

and

electrolytic

first

input of
the

selected

plant

because

'

•>;» 11' '•.

.

>"■•

1'

issue 35,000

improvement
issue

stated

proceeds
166.

p."

of

operating

short-term

may

from

be

bank

required

the

to

proposed

facilities.

Company

shares

also

the

permanent

construction

financing

are

•

the

directors

declared

an

extra

dividend

of

These basic products

or

reacted

with

The

then

are

some

income from the

cells* anej

equipment

cells,

in

from" the
on

which

a

sale

and

licens-

-

licensing of certain

decomposition

basis

of

of

cents

This

on

Sept.

with

25

40

cents

on

were

Cmpahy
165,

is

on

each

cents

paid; Jan. 2
Oct. 1, 30 cents each.
'

took
or

and

2,

April

•=

.

controlled

about

were

Jan.

-

by

action

on

Oct.

1

the
on

the

April

1

In

1946,

15

cents

l,

40

cents

each;

,

•

The

and July

dated
of

Sept.

$330

months"

of

the

.

3

In

ex

33%)

an

Oct.

1,

would

pay

offered

group

a

('

•:••);

^

.

.

4

»

net
the

proceeds
109,866

derived

funds

from

the

shares

from

of

sale

of

the

$3,500,000

1977

common

operations,

they will be used as the basis of withdrawals of cash,
trustee to the extent of 60% of the cost or fair valub,.
less, of the property additions of the company,
plans call for the expenditure by the company of approxi¬
is

or

acquisition, of.

to

property

properties

gas

TO

COMMON

$15)

(par

of

are

its

principal pay¬
convertible 6%
gold
"
"'/ '*

debentures be quoted
1947p,that the debentures shall continue to be dealt

in

1947

con¬

additions,, consisting of approxi¬
and additions to electric generat¬

and

approximately

$828,600

for

mis¬

STOCKHOLDERS—109,866 shares

of

com-

to

the

issued

be

Time,

stock

of

record

ratio

Oct.

uDon

Vs

of

at

share

a

1.947.

8,

the

of

exercise

Oct.

tha

close

of

busincvi

The

of

additional

common^

subscription

warrants

of

price

together

if.

wit?*,

1947.

8,

addition-to -the shares covered by the
holder

covered

will

by

be

entitled

outstanding

as

to

subscribe

outstanding warrants,

nearly'" as'practicable

at

the

whic|i

warrants

are

upon

same

not

et

price for

exercised,

the basis that the

ch,

any

sub¬
num¬

ber of

share? covered by the warrant exercised by such holder beard
number of shares covered by outstanding warrants whieiv
are exercised
b7 holders desiring to subscribe for additional shares,
irrespectiv'e'of the number of additional shares subscribed for. For tlm
purpose of computing allotments, th,e number of shares covered by any
to

the

total

means

and

the

does

number

of

not "include

shares-specifically
any

additional

designated

shares

in

subscribed

suck

for.

result bf'the" first allotment of unsubscribed shares on th»
above basis, a holder would be entitled to receive more shares than thii
If, as

number

a

of additional shares

successively among
.

The

holder

of

a

shares

subscribed

other Subscribers
warrant

tional shares subject to

.,

being.offered by the company for subscription

common

York Time,

New

ject to allotment

1 and

that pursuant
Massachusetts,

16,

p.m.,
shares

she res

.

Telegraph

1947, payments will be made beginning OCt.' l; 1947,
per- $1,000 debentures
($30 representing interest for the six
period ended Oct. 1, 1947; $300 representing a
-

'••;•**. 1'

.

stockholders

made,

Sept.

York

stock.

16,

ment/ /on presentation for- stamping--of the
debentures, due 1944.
The Exchange on
Septa 23 directed that-the

they

and

holders

warrant

Stock- Exchange has received notice
the U. S. District Court for the District of

debenture "holr/ejc

and

'

preferred

a

the

stock

the

warrant

ip. 938.

New-York

orders of

for'

thojduly exefcised warrants must" be received by Manufacturers Trusfc
agent/55 Broad St., New York 15, N. Y., prior to 3 p.m., Nuvf

International Hydrp-Electrip System—To Pay 30% on
Account of Principal on Convertible 6% Gold Debs.—
to

.

.,

Co.,

v-

&

,

our

OFFERING
mpn

at

and July 1, last,
following divi¬

Telephone

of stock Holder

representatives
••'.

which

additions

the

the

the American

/

on

common

on

1947.

•

%

Tt fa
den/g't

stogk tor each one'share of common stock then held of record,
$15.75wper share.
The company is issuing to such holders of its common stock trans¬
ferable warrants, evidencing such subscription
rights and exercisas .u*
only in amounts calling for full shares.
These warrants were mailed
on or about Sept.
18, 1947* are exercisable upon issue and will cxphi?

declaration

made

unless
is

program

extra.

no

-

.

received.

dividend disbursing agent.—V. 166, p. 372.

18

'

-

with

by

warrant

1904/'

availability of electric power hydraulically
generated from the waters of the Niagara River, and of an
adequate
tupplv of salt within a relatively short distance,
coupled with excellent
transportation
facilities
connecting
with
nearby potential markets.
During" subsequent years improvements were made by the
company in




dends

salt ■*

The

the

compared

Co.—V.

of

experimentally operated in Brooklyn in
1,000 amperes per cell was contemplated.
fqr the

10
is

ordinarily payable

Distributions of

This

royalty basis.
the

directors

dividend

other

many

1947 the company paid

Interstate

effective."

mately $12,345,800 for improvements

to

1052.

Sept. ,48,

be. accepted

cannot

Further details follow:

struction

T

was

borrowing','aggregating'$2,000,000
finance

and

contemporaneously accepted,

declaration '-of

additions.
The company's cash construction budget con¬
templates, the expenditure of approximately $3,190,000 in 1947, $5,380,000 in 1248, $6,859,000 in 1949, $4,223,000 in
1950, and $3,835,000 it*
1951, making a total of $23,487,000.
As additional funds are required,
they may be provided from cash resources, from borrow.ngs and/inr
from the proceeds of the sale of additional securities.

;■'/
to

company

,

mately $23,487,000 during 1947/ 1948, 1949, 1950 and 1951 for the

for

Inter/Mountain Telephone Co.—Dividend Omitted—

decompo¬

construction at Niagara Falls, N. Y.,
Development & Funding Co./ where commer¬
production began in January, 1906, the site and
city having been

the

cial

was

.*

the

.

cellaneous

than

more

in the production of the "company's diversified ;
These products are used by a wide
variety of Indus-*-:

processes

were

power

authorized

/•

...

ing stations, approximately $3,510,500 for transmissioin line and .trans¬
mission substation additions, approximately $4,604,900 for distr'butioct
line
and
distribution
substation
additions,
approximately $2,197,20(1

ro

United

*

,

The New York'Trust Co.

: ■

sale

solution takes place, have been the subject of chemical' and
engineering
for, over. 40 years, starting with the original Townsend-Sperry
units
when

,

Sept. 24

and

it

On

-

research,

small

the

similar

Co.'7nt"the

804,204 shs.

*

r

and

operations

are

or

had been

manufacture

and

;The company also derives

The; company's

contracts. for

refrigerators

-Illinois Zinc Co.—Extra Dividend of 15 Cents—

eiectrolylic cells resulting in the production

3ng .to ethers of its electrolytic

other'patented

50,000 shs*.

200,030 shs.
1,500,000 shs.

/

——"•■

is engaged in

company

made

•

$3,000,000

par)—/'

Funding Co., which

1903.

The

has

RefHgeratof

...

the

spokesman

bonds

Present

Place,
Products,.

...•'

pe/^shar^and the regular quarterly dividend of 15 cents per share on
BUSINESS—Company was incorporated in 1909 in
thjs capital stock, both payable' Nov. 20 to holders of record Nqv. 3. An
that time acquired
substantially all of the property' ./ extra of like amount was paid on May 20 and Aug. 20, while on Feb.

AND

and

par)—-"

—V.

Outstanding

$3,000,000

il/j-

1952/,_

1„

preferred stock (no
■Cumulative preferred stock (no
cum.

until

FINANCING

Authorized
2%

•,••'•

on

authorized :to

••.-,'

for

Grosvenor

■'

>

stock
will be used*
to provide a portion of
the funds required for the construction or
acquisition of permanent;
improvements, extensions and additions to the company's property
or
to reimburse
its treasury in part for expenditures made for sucfx
purposes.
Of, the net_prppeeds to. be received by the company from,
the issuance and. sale, of,the 1977 series bonds,
approximately $1,200,-000 will be added to the company's general cash funds and the trustee
under the mortgage will retain approximately $2,300,000 In
trust, pend¬
ing withdrawal by the company under the terms' thereof.
As addi¬

Hussmann

preferred stock, (par $100) and
100,000 shares of common stock
$20)/" The: purpose is
to
obtain
capital for the construction,

which

/CAPITALIZATION

Ltd.

of

Hussmann
•..

commercial

1

of

Po\v^r Co.—To Issue Stock—

FPC

extension

should

it

'

•

of

19

at

distribution

,

to

form

headquarters

Hussmann,

•"•'*/.

formation

stock,

stdck' is

the

become

at

'-

wh'chever

company owns one half of the stock of the British
the balance being held by British interests.—-V.
165, p. 3284.

,

Idaho
The

be

be- necessary for the company
through -further- capital financing. ' but it

the

Britain

by

'•

•

••-....

including'depre¬
together with the

earnings,

the extent

with

the

common

that

competing bid naming

held

American

...

further

pupose,. it. may

funds

predict

undertaken.

To

Great

"

States.

the cash resources of the company;

accumulated

this

additional

impossible

that

in

mahufdctuieil

bank

Ltd.,

announced

S, W. 1, England., for the
Great Britain,
.> •
Hussmann
British Refrigeration

-

and

2.4

London,
in

partion of the plant expansion program.
•The expenditures heretofore made and now under commitment for " production
lljis program have been and will be met from accumulated and current'. these
earnings

Sept.

on

•<

...

.

common

several

tions are

Hussmann Refrigerator Co.—Forms
English Unit—

,

.Transfer

to

Kern,

together

thecompany's property amounted to 912,722
1947

new

new

PURPOSE—The

$0.92

;

939.

p.

to acceptance of the bid for the new comnuo^i
hearings earlier by Chemical Bank &' Trust Co.,
York, trustee under the indenture for the company's debentures,

by

•

series

2,751;973".

depletion,

165,

fifst mortgage bonds 3% series due 1977 at 102y?/and in¬

$2,534,871

$1.41

;

(

opposition

terest.

■■'...•

.

NOTE—Ore milled from
tons

including

costs;,

all .taxes.;

$3,898,606
2,575,973

—.

Mass.

SEC Refuses to Permit Coi.if

—

i'

-

earnings

t

aff*»

were

issue of Sept. 22 of the offering by Glore,
Forgan & Co. and A. G. Becker & Co., Inc. of $3,500,00(1

Smelting Co., Ltd.—Earnings—
3a——-.-""
1947
/ '/
1946
'
1945

June

'

Johp T» Webb of Den.-,
Messrs'.- Webb, Danser aRd

committee, saft
holders/would prpbably fare better under a, reorganization id
bankruptcy.,
- ; ; "
•; '
/ ' 7
: •;
?'•" L 1
Halsey, Stuart & Co. Inc., and associates won the award 01 019,-*
400,000 in hew first mortgage bonds, maturing June 1,
1977./ Theitf
bid named a price of 101.90 for a 3%%
coupon.,'^
The award of the $8,635,500 of common stock
put up fpr sale 6/
the company simultaneously with the bonds went to a
syndicate leA
by Lehman Bros/, Goldman/Sachs & Co. and Wertheim di Co.
*
The company had asked bidders to
name the smallest number ct

Hudson Bay Mining &
Months.

'

the following

Iowa Public Service Co.—Bonds. Offered—Mention \vaj

"'

'

.

the

made in

sinking

bpnds, due March £ 1950, by extension, at 100 and inteiv
est.'
Payment'will be made/at the American National Bank & Trust
Co.;, LaSalle and Washington Sis., Chicago, LL—V. 119, p. 2186.
-

and

1947,

1,

•

this amount of cash. The Lehmar.-«
$4.05 a share for 2,132,223 shares.
priqe bf $3,872,422 a share, for the com¬
mon was
received' from a " group led by Harriman Ripley & Co., Ii»p.
Two
other bids, each
naming a 3V2%
coupon,
were received foe
the
bonds.
They were: Harriman Ripley & Co.,- Inc., 101.52;
aiui
Lehman Bros.,
Goldman, Sachs & Co. and First Bostpn. Corp., 100.399.
-v. iiw. J,.
1052....
•. ;
■,

fund income

royalty

such payment of $4,390 and after
deducting under- •
but before deducting estimated ex- ./
aggregate' $2,'784,649..
:
~
.
Agent:
New. York
Trust
Co.; Registrar: Chase National
York.
2

Oct.

on

"

•

Delforrl

t

officers,
Chicago;

of

of. Boston,

share.

a

Goldman-Wertheim

$1,230,564

6%' 12-year

A

share*

•

L,

.

as

the old board,—V.

ordered

voiced

A

$1,098,996

sinking, fund

the

shares

Cr60,23l

_

50,000

•

board;

.

——29,100

1,011,150

'

/

-282,901

of
•

the

preferred

$4,392,543

$4,271,986

690,000

of

of

Paul

renegotiation

."After, all

Accordingly, the proceeds
13^,034 shares of common stock,

crediting

328,143

$6,046,157
Capital shares outstanding./—_./_
2,757,973
Earnings per shave.//-—.
$2.19

purchase agreement.
^he sale of the

from

.

surtax

(net):

"Estimated

$27,133

accounts of

the company

2,260,917

$2,819,840

/

*'

by

,

groups.

Hotel Alms and Ifotel Alms Service
Building, Cincmnatl, OhioH—Partial Redemption—
-

""

the several underwriters at $28.50
per share,
m; an, aggregate of $35,913 (net of taxes), and in respect of such sale?
the underwriters will pay the company the sum of
$4,390 pursuant
to the provisions of the

to

•

"Equivalent to reduction in Federal income taxes due to certain
charges to surplus being allowable tax aeductions.—V. 166,
p. 1150.

750.

—

purchased

when-issued

a

the

were

of

2,127,389

168,080.

T

expenses

p.

•6
terms

and

profits
for

^Special

our

.

1,262

tax

refunds

details;;

the

2,372,093

$3,989,085

issue

an

ejected

Commission did not hand down nn opinioji on the case. tin.
supplemental order reviewing the proceedings leading up to salt*
bonds and stock the Commission said it would issue an opinioa

of New

$19,075,396 $18,434,910

-

were

Spanier

Denser

on

$4.75

Strong

.

$2,491,697

k

the

was

,

11,781,450

$1,796,741
7,745-

at

permission

'1944

^

12,958,922

—

—

Net

classes

follow:
t-The

;

•

Accept Bid for Common Stock—Action Prevent^/

shares

'$0.66

Co.
Stock Subscribed—As
issue of Sept. 22 Smith, Barney & Co,
and associates announced
Sept. 19 that of the 134,034
shares of common stock (par $5) offered for
subscrip-:
tion to. stockholders at $21.50
per share, 132,772 shares
were subscribed for and
1,262 shares were purchased by
the underwriters and have been sold.
Further

under

-

Prov.

417,120

^mounted to $169,822 in 1947 and $154,290 1n 1946.—V.

xnentioned in

1945

10,021,123

$1,628,661

———

—L—•
deductions,

Normal

"

$275,938

' '

were

thereby

'

on
Sept, 15 authorized
preferred stock.

Jerome

Harold,

bicT

1,332,640

income

Excess

,,168,000
"

$1.30

.

amortization

and

Other

$475,173
.
31,205 /

$545,776

•

•746

,

.

aii'l

"•.'•/'•

r.

"in due course."
'
•
•
•; •
/'Sale of Interstate's new common stock at the price,, to be pa?cl.
by the successful bidders,:' the Commission said, "would not effectuate*a

7,028,634

exps.

income. J-

Total

417,120
—.

•NOTE—Provision for depreciation
provements

"

;

—

share—

per

'

61,748

.

profit

Other

96,875

income—estimated—284,000
—12—— ^

Net

$378,298

80,850

-

doubtful accounts,- etc—.,

on

-a—_—__J

profit

Capital

income——-

1946

■'

..

2,612

of'Boston, Boston, Mass.,
Toronto, Canada.—V.

and

% I 7:

plan which would be,, fair and equitable /to, the persons affecte/t
thereby. It further appears that the bid for new first mortgage bonds
is" conditioned on the
company's receiving payment of $8,635,500 four

1.119
2.612

——Years Ended Nov. 30—

$9,989,935 $14,884,913

—

& adm.

gen.

•

,

Co.

.

3.357

Co;.—1—

.

Cft-f.

.

.

INCOME

May 31,'47

discts.,

&

the

The

3.357

—

of

Bank

/The denial;on the stoqk automatically prevents the company from
the high bid of 101.90 for an issue „qf $19,400,000 in nevf
3 y2 %
first m,ortgage bonds awarded the same day to
Halsey, Stuari
& Co. Inc., and
associates.
;
;
.;j
.x
1
• v
Acceptance of the bond bid was conditioned upon ..the compan/receiving payment of $8,635J5.00, for new pommoji stock. The
Halsey;
Stuart group had planned to sell, the bonds, to the public at 102.80.

of

"

:.

$810,674

-

sundry

$331,524
for

taxes

Earnings

—

and

:

.sales,—

of

Sell.,

3.166,fc'33
*y 242,754 /

*

■

Operating profit
Discount, interest

Cost

'

•

sales, less
'J//1 !-•

.etc.

1946

v

$6,572,177

Yarna,ll
OF

6 Mos. End.

.

(&

Witter

Dean

Co

bwH

of

its

1.492

Inc.———

Co.

Wisconsin

The

1.119

.

~

.

-

Hires Co.

'

STATEMENT

^

1.119

--

1.492 1

-

&

National

,

1.119

Spencer Trask
Co.,
Union'SecuHties Corp./G. H. Walker & Co;__._.

4.JQ4

Kinder, Peabody & Co._

principal

of. Chicago,

Stroud

,

accepting

Smithers & Co.—
1.119
Stone & Webster Securities Corp. —3.357

"

"part*

and

SEC

public

F. S.

1.492

Illinois' Co.L—L_'__
Janney & Co.__—

.

&

Pomeroy, Inc.
Singer, Deane & Scribner

«

Governors,

on
Sept. 25/refused, to permit the company to accept tlio
$4.05 a share for 2,132,223 shares of its common stock sub¬
Sept. 24 by Lehman Bros., Goldman, Sacfis & Co. and Werthe%i
ui'Cq.
The banking group had plannecl to reoffer the stock to

bid

.746

Huttop

Bank

T

'

of

as

mitted

1.119

—

Schoellkopf,

.746

Lunt_l__'__3_ '

*

(Chas. E.)

Co.

1,119

The

:

1924,

accrued

Go.

Co.

directors:

and

The

-

Co.—

/"

the

percentaage of the original
"
-•/,

The Chase

National

show

Sale of Bonds—

Co;1.119

Northwest

at

Interstate Power Co.

Reinholdt & Gardner,..
1.119
.The Robinson-Humphrey..

„

Ripley & Cq.,
Tnc."4.850 "1
Hemphill, Noyes & Co...
4.1C4

Z

previous payments)',

will

1.119,

Co...

&

Son

&

a

•

Angeles as Assistant Secretary.
;In addition to the above mentioned

1.119

Cook

Board

of

contractu
abov<*

Exchange
to

designated

Los

1.119

Newbold's

Pacliic

Harriman

*"'••.■ ♦

•

&

H.

the

Canada, " Montreal

value

par

pany to

Co.

.374

....

Hamlin

Corp., Chicago, 111.—Bonds Called—'

outstanding

thereof

unpaid
304

the

W.

Newhard,

n

\

J Hinman Terrace
All

being

are

166,

1

E,

;

1.119
3.357

--

of

basis

be

President; Frank E. Booth of Lot#
Apgele3 as Executive yice-President and
Treasure!;1 John E. Koster off :
Los Angeles as Vice-President and
Secretary; and Hugh W. Darling, at-,

3.357

-

.746

First
'

-

•

stockholders

$25

3.357

Maynard H. Murch & Co.

($1,000).
being made

following new officers
Fedderman of Denver, Colo.,

Pierce,

•<

of

•

Darling

Beane_-_-___

"

1.119

&

&

'

.746

Glore, Forgan &r "Co.-.1/1!. *3.357Graham, Parsons & Co.
1.492
Granbery,
Maracbb- Si\

the SEC

Underwriter,

-

The-

2.612%

2r612

Co.-Inc.

Chapman

Lynch,

178

the

on

.The

follows;

as

Rule

shall

Created—^New Board and Officers Elected—
of

percent¬

the

to

debentures

Interstate Engineering; Corp. (Calif.)—Preferred
Stcctc

ver;

Langley & Co
Higginson Corp

Fenner

1

Registers with SEC—
The company on
Sept.

&

are

Bank

elected

Moore, Leonard & Lynch
F. S. Moseley & Co.—,

,

Corp/-

Eastman, Dillon &

*
^

Hickok

Ridge

apd

1.492

Boynton & Co., Inc.
C. F. Cassell
Co., Inc.
Julien Collins
C9.— /—
J." M. Dain & Co/__*__l'

author¬

an

,

delivery in settlement of
1947, must be stamped

1,

the

amount

1151.

licensee.

a

C.

Merrill
,

1.492

Co.—

& Co.—:
Weeks" & Harden

A.'G.'Becker

stockholders

purchased by each

5.969

.746»

Blue

underwriters

9.725%

Co.

H. F.

Voted—

be

to

the

&

Baker,
Baker,

1150.

; Heyden Chemical Corp.—Second. Pfd. Stock

large'Installation for.

Co.—

Bacon,

685,749
' $6.05

u

a

of

names

Inc.

Balance

Royal
p.

a

be-made

Payments are
New York, at

of

company's chlorine and caustic capaci¬
through the use of. the "Type S-3" cell.

being built for

unsubscribed

of

Smith,

507,688

-

cells

UNDERWRITERS—The
age

Total

amperage,

the

of

pursuant
shall

principal

.

23,691,370""

Convertible preference stock dividends declared

be

be

Oct.
that

and offers

than any other one make of cell, the Installed capacity of these
accounting for about 40% of the total national chlorine capacity.
/Work on the development and improvement of the Hooker cell has
continued and an enlarged cell has' now been developed;
having the
same
principles, which'has beep " designated as the "Type S-3" cell
and which'has a raced
capacity of 20,000 amperes. It is anticipated

These
—

this higher

to

to

and

redeemed"

cells

2,000,000

surplus

close

or

and

beginning

payments;

States

356,466'-

$11,262,804
.2—
4,470,000

:

income

on

Net profit

•

$10,896,337

-

,2

operated at

"flat,"

made

since 1931, yvithout increasing the size of the cell buildings. A policy
of licensing the use of the "Type S" cell to other chlorine manufacturers was adopted in 1936 and at present the Hooker "Type S" cell,
or
slight modifications thereof; produce? more chlorine in the'TJnited

43,180,977

:

on

in

,As. a/vresult of the
gradual change-over to the "Type S" cell and the increase in amperage,
the basic output of this plant has now
beep increased, m°re than 200%

$54,077,314

expenses--

(net)

Profit before provision for taxes
Prov, for Federal and State
taxes

Approp.

allowances

and

shipping, sel.ing, adm. & gen;

power

input of over 7,000 amperes per cell.
Further developments
possible the operation of the "Type S" cell at 10,000 amperes
more and the, cells at the Niagara-Falls plant have for., some months

or

1947

30,

the

and

made

CONSOLIDATED INCOME STATEMENT FOR THE SIX MONTHS
t

cells

power

'

Hershey Chocolate Corp. <& Sub.)—Earnings—:

Gross

electrolytic

input * capacities were increased
from: time to time until in 1929 the development of the
deposited type
of diaphragm made possible the creation of a
cell, now known as the
"Hooker Type S" cell, having increased efficiency and capacity and

>

Comptroller." "•

Assistant

an

in

accountant

an

Assistant

T

(1255)

-

■

Heinz Co.—New Official—

1

i

%

.

(H. J.)

THE COMMERCIAL & FINANCIAL CHRONICLE

will

not

for,

no

be

a

(he excess w 11 bq realloted

comparable

entitled

allotment unless he

to

basis.

subscribe

for

addi¬

shall also subscribe for the

specifically covered by such warrant and unless payment
made, upon the surrender of such warrant, in full for the shares
specifically covered thereby and to the extent of at least 10% of ths
purchase price of the additional shares subscribed for.
•
'
Sioux City Gas and Electric Co., parent, of the company, has agreed
to exercise the warrants received by it, representing a total of 66,35/}

•

.

THE

(1256)

a,

scares/ antf,~iti "addT'tidn,* to subscr'befor 6,592 additional" shares sub¬
If the entire 109,866 shares are not subscribed for
the holders of warrants,* either on the basis of the shares covered
by outstanding Warrants or as a result of subscriptions for additional
shares subject to allotment, the remaining shares will be purchased by
Sioux City Gas & Electric Co. at the same pnce in accordance With

ject to ailotment.
by

its

agreement with the company.

COMMERCIAL &■ FINANCIAL CHRONICLE

Kaiser-Frazer
,It is announced
at Willow Run

Corp.—Completes 100,OOO^th Car—

1

CAPITALIZATION

FRESENT FINANCING

Authorized

of the Kaiser Custom, a luxury sedan * which goes - into volume'
production immediately.,
■, •
•,
;
.
/ .; <
*'/ <n
(
*;M
;
Edgar F. Kaiser, Vice-President and General Manager",: estimated the
tion

tNotes

i

3?75%

cumul.

—'

Kansas City Southern

-

'

Period End. Aug. 31—

Ry.

42,500 shs.
659,199 shs. I

principal amount but limited by property,

to aggregate

as

one

3.50U.000
1,000,000

pfd."stock '($100 pari—/
*42.500 shs.
($15 .per)——800,000 shs.

Common stock

»*Uulimited

—-

production will exceed
month.—V. 166, p. 1151. . '.:

automobiles;*, a new high for
■-1
! ." ) J - « J." •"

16,000

-j

r

"'.1946 -''
$382,014
*" $1-03

$0.64

%—v

share

...

•

with SEC—

Other

income

taxes™

tax

ry.

j

82,774,461 .$"22,87t987(I|l9;720,944
"1,•772,741*',' 13,870,880. >13,021,422
r' 175,000*
190,000 V 1,760,000
1,090,000
\ 159,00p , \l$3i000 ;/l,290v000; V 1,134,000,
15.7,396
171,247
X,297,037
1,008,879
-•"7,643 I' , * 56,564
49,567^
I * 8,641

-

Federal

1947—8 Mok—1946

1947—Month—1946 H

•„

expenses.

accruals.,

The company on Sept. 19 filed a registration statement with the SEC
covering 100,000 shares ($5 par) capital stock.
Underwriter, Geyer • & ■
Co., New York.
The shares will be oil eyed for subscrption to stock-,
holders pn the basis of one new share for each four held,
Unsubscribed

Ry.—Earnings-

$2,976,739
1,783,778

revenues___l

oper.

Ry.' oper.

.

Co.—Registers

and Insurance

Bonding

Massachusetts

Outstanding

*
$1,000,000

—

-

——•

1947.'
$244,887

income

Earnings per common
—v; 166;-pi■ 1152:

.

$13,750,000

*

series due 1976

1977 series bonds——

JUNE 30

QUARTER ENDED

THE

1
Net

,

EFFECT TO

GIVING

FOR

EARNINGS

built tts 100,009th automobile *
Sept.. 25 and marked the occasion with , the ihtroduc-i
that.this corporation

on

September

l&t mtge. bonds, 2^4

-Monday, September 29, 1947*

.

shares

will

p.

for expansion pf

Proceeds will be used

publicly.
812.

sold

be

business,—V.. 165,

>

.

.

'

earnings and other provisions of the mortgage, as supplemented. tThese notes evidence a bank loan originally in the amount of $1,750,000.
All
dated June

notes

are

Bank

& Trust

and

bearing interest at the rate of lVk% per annum, matured
paid June 24, 1947.
The balance of the notes, ten in number,

was

each in

1%%

of

the principal amount of $100,000,

per

.

of

shares

3.75%

authorized

total
<$100

hfeen

serially,

100,000 shares

of

remaining

designated as' to series."

•

-

-

June 30,*47

Prov.'for

Prov.

Fed.

inc.

Fed.

for

1944

1945

,1946

-

of

the- corporation

the
a

filed

—V.

453,242

361,795

325,510

-Current Sales.

Kroger Co*
6—'

Up-11%^
1947-^36

Wks.-4l946

1947-^4

"r3

578,714

633,527

723,163

767,362

716,525

613,557

652,663

275,522

684,035
181,225

Sales

•'*

179,500

758,902

The

$2,198,341

$1,297,809

$1,229,683

30,809

-28,150

44,118

41,632

$2,226,492

$1,341,927

$1,271,315

598,463'" 1,03b,537

707,879

621,296

$634,048

$1,263,843

$1,192,954

requirements

stock

preferred

on

2.549, ^ compared- with- 2,649
corresponding period last year,—V.. 166, p. 760, ended

Sept.

1947;

6,

Lay. (H. W.)

AND BUSINESS—Company

company

shares

($25

offered

at

in- the

was

Co., Inc.; Atlknta, Ga.
■'.v.'

&

•

mutual

company,

tb

and

service

Sioux

rendering

company

City Gas

was

Electric

&

Co.

at cost ; to the
their subsidiaries

services
and

to

to .other

companies outside the system.- v.-. '
--••'i *■.'
company is a public utility engaged in the purchase, production,
transmission, Tdistr:bution and sale of electricity for light, heat and
The

power. to

consumers

over

portions

p$rt of the State of Iowa.

It

the

of

western* and

about

serves

213

north

central

and

communities

over

10,550 farms in this territory with electricity.
It renders electric
sqrvice to about .78,843 customers and gas service to about 28,598 cus¬
tomers in the territory served.
*
•The"company for the 12 months ended June 30, 1947 produced about
72-4% of its electric, energy requirements.
It purchased the balance

1

••

>

_

(27.6%

of

i

its -electric

24.9%

from

energy -requirements

Sioux

City Gas
companies.

from non-affiliated

during said period as fol¬
Co.
(parent) and 2.7%

Electric

&

4.TheJ. company also Produces, -distributes and sells manufactured
retail
in

gas
Waterlco, Charles- City (propanei, Hampton (propane),
(propane), Waverly (propane), Ida Grove (butane) and
(butane), all in Iowa. It also purchases natural gas at whole¬

at

lRdepepdence
Sheldon
sale

from

Northern

sells

it

retail

at

municipalities

Natural

to

Gas
in

consumers

Co.

(a

non-affiliated

and

company)

Eagle Grove, LeMars

and

smaller

11

in

Iowa, having a total population of about 25,000.
_fTne company, in connection with its electric business, sells steam and
not water for
heating to consumers in. several municipalities.
It also

of

sale

from

of

the

water,

■

of

natural

gas; 1.3%
from the sale
the sale of water and ice."

from

of

gas;

steam

bonds, together .with the principal
underwritten, are as follows:

7.7%

and

Farmers Trust

City Bank

transfer

-

•

Lion Oil Co.—Develdpment

amount

of

the

of

1977

series

p.

'

*

■*.,

.

crude

oil

of

crease

Sept.

on

23

announced

for

production

17.9%

—

.

'

Operating
Gas

directors onrSept. 18. declared a dividend of 50 cents
per share
4%cumulative preferred stock, par $50, payable Oct.
1
to
holders of record Sept. 23. An initial distribution of like amount- was
made on Oct.

l, .1946;

since-ML

none

166,

Jacksonville Terminal Co.—Plans

:

*JjI
under

Wilkes, -President,
consideration

C

Sept.

on

22

to Refund Bonds—

announced

founding operation

1946,

may

involve redemption of

the

that date

on

general mortgage bonds and for the series A
and series C refunding and extension
mortgage bonds and 107 V2 for
the series B refunding and extension
mortgage bonds. The final de¬
cision with respect to refunding is
dependent upon action by the direc¬
and

tors

stockholders.

Action

by

them

is

within

anticipated

iuture.

H

the

near

.

The company-is controlled by Atlantic Coast Line, Seaboard Air Line,
Florida East Coast, Southern Railway and Georgia Southern & Florida
railroads.—V. 148, p. 3070.
_

the

on

™pt„* 20 declared

outstanding 397,843

shares of

stock, payable Dec.

fatfpAhnLr™°S N°V> 25' Since the two"for-one
the.c°mPany Paid three

10

to

split-up of the shares

quarterly dividends of 30 cents

eacn,—v.

loo,

760.

p.

!

*

.

*

•

:

*

•

'

-

-

1947—4 Wks.—1946

•

V*

4

to-

be

presented

to

with

approved.—V.

rehabilitation
the

the

166,

p.

of

company

is

company
which shortly is
Mr.
Stevens
stated
that
his

dependent

upon

this

plan

beintr

1151.

■

'

i

"

t ■' ■'

•

*

\

i

"Jones & Laugh lin Steel Corp.—New
*S.
the

S;

Marshall,

Executive

facturing
was

named

;V,. Hz
directors

Jr.,

to succeed

Lawrence,
and

retired

Committee

operations.

a

J.

and
B.

Mr.

on

Sept.

as

of

field

Andrews

member of

as

Mitchell,

General
who

has

was

been

..

-

>

director, a member of
in charge of manu¬
Manager of operations,

a

with

the
to

the Executive Committee.—V.




firm

44

years.

the

board

166,

p.

667.

L375.893

.

1,673,232

and

excess

profits

Other

2,740.749
2 401.243

1,434,600

taxes.—___

$4,785,153

(net)—

—

deductions—-^———

;Net .income ___!
Dividends

4,657,180

—,—

-—

Gross- income

Total' inepme

4,671,888
231,069

—$4,902,958

inebme

income

on

2,108.698
63,420

*

67,301
3,017,652

1,402,067

1,406.313

$3,500,891

—

$3 378.839

190,000

190,000

.

—.—

preferred

127,972

stock—;——

,

.

rMichigaii Wisconsin Pipe Line

dtViclerfd- 'of^^$1.50 per

19, the directors'declared-a^uarteriy

the

on

record

of-

6%

Sept.

,

* -

-t

r""

-

Loew Drug Co., Inc.—Declares Preferred Dividend—
On

Sept.

directors declared*-i

the

18,

%

cents

share

per

the

on

"*

■
.

Louisville
Electric

totaled

Gas

Electric Co,

&

of this

output

37,616,000

.';L.

-

Pipd Line Co.:-the
Ga*s

for the
1152.

compared

Leon

'.I.

;

i

all-time

an

Mr.

Chairman

high.

;

program

up

income

frpm

(& Subs.)^-Earnirlgs—
$1,836,260
J652.387

.a-i.—

reduced

$0.57

$0.08

.

.

«on 838 058 class B

After.: deducting $150,000. provision for probable /

abandonments.%-V. 164,.p. 3415.

steadily increased Betweerv: 1919 'attd-19467 cotjtofr spindles in place
while population went up $4:%\
■! '
,
••
"There have
been
a
nurpber' of reasons"'for -this' -,decline; in ,pro-.'.

$1,270,062
*
243.166

shares after provision for one-half of the prefer- !
entia) div-idend-at annual rate-of- $1.20 -per share, on 291,970 class A >
shares
tAfter depletion, depreciation and estimated ihcome taxes and T
1

mip'ority" interest;

has

*

,

.

'r

;

/

*

declined 32%

-

capacity. Some spindles were" discarded because of obsolesencp
corresponding replacements - ma-de; Many plants;, have1* been
dismantled and-shipped to foreign countries; Manufacturers'.of

Midland Realization

wool .blends

have

taken

over

many

cottbn

spindlei'.'-LV'; 166/p.* 372.

!

*

Div.—)

Co.—Declares Liquidating

a liquidating dividend of approximately
plusD/2 shares of capital stock of Midland Utilities
Co.
on
each share; of Realization .stock - outstanding/ payable " Oct. 6
to holders of record Sept. 25.—V. l6l, p. 2558.
.
' :

.

have declared

The-directors

no

sold,

|

1946

1947

S,.»-

30—

operations..—:

income

tNet

■

while

been

purchase

-f Z* .♦Earnings/per class,.B:/share.-_i-/j™—•

•

"The

standard .quality, merchandise.. Jtt also; follows' from- the r
the productive capacity of'the cotton textile; industry- •
materially over the past three-decades, population v>

that

has

the, construction

Middle States, Petroleum Corp.
Gross

present demand appears* to stem-in part, ^
from the fact that war-time .goods^are jbeing rapidly;

only in part,

Cover

6 Months Ended June

the

"

.

Lowenstein said:

by

of

to

American-Light

'

board,-,oiv-Sept. 22 announced" 7
that the company's backlog of unfilled orders, now -exceeds
£30,000,000, .-.'
Lowenstein,

:

would be acquired by
to $25,000,000 of the common
stock of Michigan-Wisconsin for cash, according to Mr. McElvenny.
The remainder of the funds would be raised by the latter company 1
issuing $40,000,000 of "Oryear first mortgage 3(4% bonds and $7,500f- '
000 of stfven-yea): serial notes.;—V. 165," p. 1457.
'
'
'
\
Funds

is*' ■'? j'
(M.) Lowenstein & Sons, Inc.—Has Record Backlog--•
*'

'

Co.,.:-;7:;

JLight

having'

20,'.1947,

with 28,170.000 kwh.
corresponding week last year, an increase" of 33.5% '.—y.: 166,
as

&'Railways/wbuld'control Michigan-Wisconsin, the Austin Field *
Michigah Consolidated Gas Co., and the Milwaukee

Light"

<Ky.)v^-Weekly; Output

company-for .the week .ended. Sept-.-

kwh.,

Hnder the plait,

•;*

f

■

of American Light,; which provides for the -com¬
continuation^ as; a holding company. -*
.
- *
'
'
American-Light, which is a subsidiary of the United

pany's

;

preferred

•

•

,

'organization-plan

,

*regular

quarterly- dividend Of ;
stock,tpa'r *$.5^paydbre *GCtr iLd
to, holders of record Oct. 1. The dividend of' 7l% .cents -whi(sh -Wa,s due 5
on
July 1, 1947,. was paid on Aug.. VI.. Like .atnoiints :were also* dis--*'
bursed on Jan. 2 and April 1, this year, and* on Oct. 1, 1946.-LV, .166,M
p. 409.
f.V *
■%
i. ' 3- *.?-•
7

,

operated by ■ the icqmpany'Will approximate $72,500,000 after allowing: .
$700,00d'for Tworking capital; thd SEC was told Sept. 17.
>
;
The costs were /reported .by Ralph T.-McElvenny, Vice-President of
American Light & ,Traction Co./' at a' hearing .on the amended re- :

-

165,-p. 3395.

hearing

the cojnpany will

Jfth- 15, April 15 and July. Jft, last,,whichr cleared up-'all- accumulated
on the issue up to att'tf including'July Lv 1047-.'I.
v :
Gordon K. Greenfield- has
been elected
a- direetor'to.
succeed'the -'
William T. Posey.—V.

Co.—Pipeline Hearing;

on the proposed pipeline financing program of
be held on Octohef 6, the,Securities and Exchange
Commission announced Sept. 22.
; v ■->
'
■Construction costs «£* the "first phase of a proposed pipeline to be

!A ^public

cumulative.preferred stoek- payable *001."; T tb holders '
20. Distributions of $6.50-each- per shsiffi weire** mdde" *

dividends

McQuay-Norris Manufacturing ^oi^-Earriings—
less
of

goods

Warehousing,
Net

returns

cents in cash,

79

;

•

>

1946.

1947

-

profit_'™_'_™_™™_"_I..

income

of

'/

Midland Utilities

;

:

♦

fl'-j

"$1.654,951)
NGT
.10,2771- AVAlL*
-j -ABLE
$1,6*65^281
'

T" *""

:

:■

income

♦Deductions

from

for

for

Net

income

..

^Federal income taxes
.

:

dividend

181,053

k

"

•..'r.

v

200,000 "1

:

35,699

Balance

available

Common

shares

Earnings

per

♦Includes

for

stock;_x-_^_.

common

outstanding.^..,-'..;-..

common

$173,952 excise tax,

•

r.v*

$684,433 Iv-$711,833
w

-.■>

h

352,167

-.'

.;

r.

been elected Secretary,* succeeding P..J. Stock,"
title of Secretary and Assistant to the President.—>

Petersbm has",

will

have the'

952.

.

Subs.)

-Earnings—

"

.6 MonKhs

Net-"

:

$2.02.,

profit

Common*

:
-

J. $1.92

St. Paul & Satilt Ste. Marie RR.—New

Mojud Hosiery Co., Inc. (&

40,079

;;355,915 *'Ji

'share.—.'—

share

V.1 166, p.

$751,911

requirements^.-.—

directors- have

per

Minneapolis,

and

—

$720,132

:

85

J * C.-

•;

-564,044 J

-

contingencies

income

Preferred

Ul

H

^

Secretary—'

"

Total

Co.—Liquidating Distribution—

declared- a' liquidating dividend of approximately ,
in cash, payable Oct.- 6 to stockholders-.of record
SeDt V26 v A" distribution of
$1.75 per share was made- on April.25,
last.—V. 164, p. 956;.V. 162, p, 355..
r
V
•
*
,
The

and

,

operating

Other

*

* !

allowarices^^l-ii^lLeoi
sold_i_^___^l_________L^-l_f>.i*
8,754,218
selling and adminis. expensesA/-i /-2,304;43l

disctsi,

Provision

Vice-Pres., Etc.—

elected

2,842.107

.

Texas,

County,

Vice-President

Marshall,

Vice-President,

22

8,240.340

—14,716.423

therefor__._____

provisions.

9,290.536

9^30,061

v,.

**

%
On Sept.
share

Provision

i

Hide

the

stockholders.

,

$37,953,267 $30,878,061

utility plant acquis, adjustments—
local and misc. Federal taxes—-—

Operating

Declares $1.50 Preferred Div.—Elects. New. Director-^

Cost

.Sevens, formerly Vice-President in charge of merchandising
Montgomery Ward & Co., has been elected President and a director
succeeding C. R. Underhill, who resigned to return to his own business.'
jMr. Stevens comes to Jim Brown Stores as part, of a plan for the

continuance

Dollar

6 Months Ended June 30—,

for

and

and

1946

1947- '

*

:——

-

Sales,

President—

*

recapitalization

.':^

_

•

-

_

Jim Brown Stores, Inc.—New

;

—/
,

Federal-income

1947—36 Wks.—1946

^Vail'6Sa pS"ll5rr"'""~~ $3>270-2U $7,551,125 $84,471,672 $55,583,263
•.

to $3,641,958 in

amounted

!

;

..

-

and

Period End. Sept. 6—

$0.77

.

taxes

purchased for. resale.

State,

-

ductive

; Jewel Tea Co., Inc.—Current Sales Increased
22.8%—

1945
$580,464
747,116

- -

,

the

fact

a dividend of 40 cents per share
common

■

1946

•

$3,310,891
$3,188,839
'Balance iL..1
Lion's third ;
well in the field, the Tennie B-l, tested on .Sept, 22, at 211
—V. *165, p.'3170*. "
barrels
" 4" :
:
in
24
hours through a small choke. Completion of .this well- proves
*
two additional locations on-the company's Tennie ,"A" leaser—V. -T66,
'Michigan Gas & Electric Co.—Dividend No. 2—
p. 1053.
•:
: ».
% v.'.*-/" " '•
The directors on Sept. 18 declared a dividend of 30 cents per share
•:
;
■;
*;
& -• •*.*
on the common stock, payable Oct.- 1-to holders of record Sept; 24. Aa
Lit Brothers, Philadelphia—To Purchase ' Pfd. Stock *
initial payment of like amount was made on July 1. this year.
The
directors have
authorized the officers to .invite tenders ,from ...
The
regular quarterly dividend of $1.10 per share on the 4.4%» *
preferred stockholders of $1,000,000 par value of ,6% cumulative pre¬
preferred stock was also declared, payable Nov. 1 to holders of record
ferred stock as of Nov. 15, 1947 at a price not, over par and. accrued
Oct.* 15. .An initial distribution of the same amount was made on Aug.
dividends to that date,
;
>-*
- * •
1,1 last.—V.-166, p." 1053.
*
In

replaced

Jaeger Machine Co.r—Increases
Quarterly Dividend—

„

.

"

.

Amortiz. ^of

in -the developcompleted five I
producing wells and one dry_holev A.seventh -well .„is. jdrjlling and the
company is moving in rigs^on.two more.locations..Lion h.as an addi¬
tional 400 acres under lease-in this immediate vicinity and development
is continuing. This is a shallow field with the .wells .producing'from
the Nacatoch sand at
a
depth of approximately-2,100 feet. - V
*r

but
;

•

$455,384
747,116
•
$0.61

■

Depreciation

.

,

the

that the call prices

940.

*

income

before

revenue—gas

Maintehance

.

In North Louisiana,.the.company also.bas been.active
of the Oro field, where it has in the past .month

company has
the possible refunding of its
$4,000,000 outstanding

pr^ent Tor the first and 1948, and
bonds .on Jan. 1,
are 105
■

372.

p.

property.

profit

Operation.1

194-7.vot 357,685. barrels,^ an rinf •
reflected-the .effect .Qf recent..addi-O

ment

late

the-

Miami

12 Months Ended June 30—'

.

;The company has just completed Its seventh .well in the-Mallaliettfield of Lipcoln County, Miss. Oh initial .test, this .well .produced; 1;235 1
barrels of oil in 24 hours. ;V
;
;
;
?:•;»
;."J* •
-

-The

on

.1

1947

'•

•

Michigan Consolidated Gas Co.—Earnings—

;.

an

August,

Agust,

over

tions.

Jack & Heintz Precision Industries, Inc.—Resumes
Div.

-

of

1947.—Vv 165,. p.

on

1151.

Subs,)— Earnings—

—$2,612,658
outstanding.-^,^--—-747,116
share
$3.49

NOTE—The

accelerated *oil" production %
development program, -marked; by-'-recent: completion, of oil wells -*
in Texas, Louisiana and Mississippi.. According jto_.C0L.-T.' H. jBarton. O
President, the company now has a total of 16 wells ..drilling,, .or*; in *.
process of completion in- Arkansas,-Lousiana, - Mississippi and Texas.
company

.

&; Co.—J—$1,750,000
Av G. Becker & CoM
Inc._/iL;—L__————1,750,000

187.833
$0.55

$6.90

'

The

Net

$104,391

°-After"deprepfatlori, rents; depletion of castle Dome property, Federal
State
income
taxes
and provision for contingencies,
but before

depletion

...

PrograAi Accelerated—^

per

56,609

$1,297,225
187,833

•!

,

Copper Co^ (&

shares

$161,000

451,436

and

value

-■■■>

>

-

v

outstanding--

5249.;.:.;. :.;

p.

Earnnigs

Agent—;

and

hot

Gjore, Foxgan
-^v. 166,

1,717,972
$1,748,661

$11,572
177,733
$0.06

share-

per

profit

Capital

York,"N.- Y.,* has" been ap- *
common stock.-^V.' 166, '

Ndw

Co.,

the no par

agent for

856.

p.

•"

WRITERS—The" name of each principal underwriter
series

bonds

113,891
47.009.

•'.■'*

6 Months Ended June-30—

'"Net

■

pointed

shares

Miami

5.2%

.

electricity; 13.1%, from the sale of manufactured

sale

and .4%

_

ls?77

an-

^ months ended June 30, 1S47. the gross operating revenues
company were derived approximately as follows: 77.5% from

the

the

.

in two municipallt*es and> until recently, sold ice in

oNier^

$277,097-

30,689

7,715;

taxes

^

$192,399
(

$19,287-

income

Capital

share

a

Net

Sept.

on

par)

$25

Federal1 ihcome

for

Earnings
—v.,'1.64,

,

lows:

1945

1946.

*

23,543
Dr4,256

income taxes

'
•

!—Files With;

Lima Locomotive Works, Inc.^-Transfer
The

incorporated in Delaware,
March 21,
1927.
Company is a public utility corporation operating
wholly within the State of Iowa.
Company has a small subsidiary, *
Nebraska Public Service Co.
(incorporated in Nebraska), which is a
gas utility corporation operating within the State of Nebraska.
Com¬
pany also has an interest in Penn-Western Service Corp., which, is an
approved

1947

.

$105,892

•

19 fi'ed-a letter, of "notification* for 12,000"'
cumulative convertible"preferred stock, to. be
thfottgh Clement A.-**EVans *& Co,, Tne., Atlanta,
Ga.,; as underwriter.
Proceeds will* be used for'construction of a* new
bakery plant.—V. 166, p. 950.
;
*
J * * • • • ^ • .
The

to

amounts
" ■

$159,375.
HISTORY

.

revenues

Provision
)

$650,019

$1,862,312

dividend

Months Ended June 30—

Net-inc.-before,Fed.

".

in-operation tiurihg the four^

of. Kroger stores:

number

average

weeks

646,717

$1,831,503

/

47,768,332.' 56^019,552. 366,294,285

_'_l;""53;234;391

-

■

(net)__.

annual

)

.

Transportation Co.—Earnings-—'

inc." fr. operations after deprec.
Net gain on other prof. & loss trans.

.

The

.

Miners

&

Net

:

Wks.—1946

•

Merchants

"

.

55.

V

,

t

company qould

"

633,870

'

income

1 Net

166, p.

*

a

that the

Period End. Sept.

2,827,368

tax.

&c./deducts.

chgs.,

Sept.' 20: reported a net loss of
1946, to last July *31,

on

$6,545,500

3,050,360

excess

income

Gross

int.

in Operations—

petition for capital reorganization, ,said there, was
be rehabilitated, .provided- it obtained
working capitai.~r-V. 165, p-. 1867.
.
■
-

concern

chance

sec—
income

/.

•*

*

However, the trustees who were1 appointed by the Federal Court .after

•

$6,967,658

.profits tax L___
Other

V' '■

".

Tptal

3,638,427

-

Net earnings

V

■

,

26>-Cent Div.

declared a dividend of 26 cents per share from
payable-Oct. 31 to shareholders of record Sept. 30.
This
compares with 29 cents paid on July 21, last, and 28 cents on
April.21, 1947. '
'
' " ■
*
"
Payments in 1946 were -as follows:
April 20, * 22 eents; July 20,*
2,6 cents; Oct. 21, 25 cents; and Dec. 24, 37 cents, plus a special of
70 cents (latter special payable in cash or stock, at holder's option).
investment income,

$18,128 in operations of the.business-'from OoU 18;

(The)

$7,860,774

depreciation—.

for

;

•

■

Massachusetts Investors Trust—Declares

."The ,trustees have

"$493,jSai; ■ $4,597,506 " $3,417,086

$661,081

x

—Years Ended Dec. 31—

536,392

taxes..^..*.....

'.

income.

The-trustees

additional

$8,697,036

revenues—

Maintenance

Prov.

not

4,275.243

oper.

Operation

General

stock

have

•

-12 Mos. End.
i1

and

unissued

are

(net Dr)

oper.

*

EARNINGS

SUMMARY OF

Total

preferred

cumulative

of

shares

57,500

ry.

Kellett Aircraft Corp;-r-Reports Loss

months,

six

each

one

rents

—V. 166, p. 760.

Interest on- the notes is payable quarterly

issue

the

part;

mature

Net

bear interest at the rate

be¬
and
may be anticipated at any-time.- - fThe 42,500
cumulative preferred stock constitute one series of a
and

annum,

ginning Dec.. 24,. 1947.
payment of sa d notes

(net Pr):_*

*

1946 and are payable to Commercial National
The first note in the principal amount

24,

rents

facil.

Jt.

Co., New York.

of $750,000.

are

Equip,

Ended Jfqne 3(P-:

.

;

--v-———-

■

payment of

share_/_.4%_—

dividends

.

1947

on

$0.83

preferred stock.—V.

-

',1946

'

i, $476,073
530.424

ibares .outstanding—

■♦Earnings per common

! ♦After

*; /

$738,186
-

530.424

*'
*

/

$1.32

165, p. 2923.

Volume 166

Number' 4633

Monmouth Park (N. J.) Jockey Club—To
Pay Int.—

The

directors

•Sept. :.30,

1947,-on

debentures.

debenture
ture

approved

-the

Payment

6s .of

.Sept.

30,

payment

outstanding

of

1954

of ; 1956.

6s

record

have

,18

of

all

cumulative

months'

will

interest

be

made

the

on

to

series

.registered

1947.—V. >165, p.,/812.

For

to
of

income,

,

A.)

Murphy

&

Co.,

of'

This

St.

Paul,

Stock

994.

p.

•

is-

the

G.. Steiner,
Chairman .of
Beck Shoe Corp.. and the Schiff

Namm's,
of

'Inc.

He

Wertheim

is

&

also

the

Co.,

associated

Co.—V.

166,

finance

1,763,000

has

with

been

the

elected

Sales

„

oT

by-produCts___

J

Total

''

per

common

;

for

.

1976.

$1,900,885

Operating
Operating

revenues

.expenses

4—

Income from operations-—

Other-income
Total

u—

income

avail.

income

spe.c.al

Operating
Operating
Federal

$1,922,074
612:323

$2,115,298

-

;;

revenues

expenses

15,819

—.

res.

on

Divs.

'266,456
294,500

-

$291,554
-

-

-

T_—

"

•

"■

'

'

'

'

'-

115,836

$305,811
;

; *
National Gypsum Co.—Sells
Additional Notes Private¬
ly—The company, Aug. 25 sold
$2,500,000 2V&%.
•

*11,890

$205,4-31

pfd.

»

..

al

instalment

$2,500,000 3% sinking fund

par,.to -institutional investors under
its
ment-dated Feb. 3, 1947
(V.
now

/

to

Federal

income

income

1870).

p.

East Rand

THE

6

MONTHS

JUNE

30,

Net

income

"$82,791

—.

"Includes
six

use

months

o)>erations
in -1946.

paid
'

•

•

(100,000 shares)

$65,000

and
ol

-'

insurance

collected

m

and

to

tuxes

I.

ASSETS—Cash in banks

SHEET,- JUNE

first"

1947

payable «to

/

/'

....

expenses,

income

571.

;

-

:

•

Net

stockholders

on

at

a

"Represent

special

be

back

held

Oct.

on

RR.

.

series, -and

■

1

^

Mos. End. June 20—

1947

-.Sales
dther income

;

1946

1945

V-

Total

Amort,

and

Misceli.

Prcv. for

Fed.

Prov.

State

for

18,387,950

'

22,392

depreciation

1944

/

inc.

tax_

"

"

Earnings

c/.?Includes

com. share
excess

$0.87

profits

tax

$45,000 in 1945 and. $2Q,000 in

76,592
"657,800

453,150

'
*

■'

82,750

•

Is.

100
.

'
,

!

50

-

10s.,

'

•

$669,890
47,978

9d.
2r

,6d.

on

6d.

i

.25

'7?/2d.

15,
.

-

;

after
1944.

deducting
.

•

Fed/

-lO'/ad.i

10

addition

credit

of'

"v

f

'

CONSOLIDATED BALANCE
SHEET, JUNE 30, 1947
A
-.
transit, and on hand,
•.
$1,430,746; sun-'
currently (less
Govt,
reserve), $424,730; U„ S.* '
securities
(market -'value
<$2,093,818), •• $2,085,000; merchandise
Inventories at stores,
warehouses, and in transit,:
surrender value of -life
$6,749,070; cash'*'
insurance, etc., $46,948;
property
■equipment
plant "and
(net), $6,035,986; deferred
charges, $918,157; 'total, $17,690,637.
.

.

.

166, p.

to

Mr.

761;971

banks, $1,200,000; accounts
trade, $632,942; accounts
payable,
payable, other, $901,451; accrued
on
interest"
bonds, $6,916; term
indebtedness due within one
accrued
year,
Federal
$10,000;
and
state
taxes,
$1,1-93,284;
term
$1,308,000;
serial- preferred
indebtedness/'
stock ■ ($100
sto*ck
par),
($1
$1,680,7.00; common
par), $614,G73;
capital surplus,
$400,477; earned surplus,"
$9,742,194; total}
$17,690,637.—V. 166, p. 1054. — :
;

'•

6d.

z.

,

RR.—Earnings—

whole

of

an
issue of $40,000,000 of
35-year debentures, due Oct.
1, 1S82, will be received
at Room 2315,
Broadway, New York, N.
Y., up io 11:30
—V. 166, p. 1153.
a.m., EST, on Sept. 30.




*

$464,895

$605,083
232,069

46,937

$417,958

1,737,-312 --.4,•967,-640-

1153.

profits

the

*

$3,204,108

New

Net

r

)

•

-

(&

1947—6 Mos.—1946

,

12,003,380
1,743,442
2.932,500
3,382,938

'3,581,075

3,604,425

387,725

448,625

1.401,499
2,650,000

y

"

.

income _:

on

capital

preferred

•

..

-715,602

1,094,'330 '

L.

Oliver

of

Stafford

Richards, Chairman

of

of

firm

&

Period End. June 30—

Oper.,

maint,

Federal

&

deprec.-

profits

Other income

Operating

8,955,452

8,513,283

18,538,556

Net' income

—

165, p. 3056.

2,826,000

1,969(685

.

$3,995,972

Ur9,361

$4,328,889
727,194

4,061,471

income

$3,601,695

Qross )ncomp
Total

inc.

Dr7,522

Dr 15,627

Drl5,217

$3,988,450

$7,245,169

730,380

1,471,444

1,526,348

Common
—V.

rearages on

on

165,

28,102

56,205

56,20®

$5,481,885

$9,974,609

$8,381,00®

-

-

2,815,111

3057.

p.

687,500

__

171,875

-

495,000

:—

i

/ 7

1,375,00®

866,250

2,800,000

•

-

5,615,111

4,900,00®

.

Northern

Sept. 18 voted to pay half of the
remaining ar¬
the first preferred
stock. Three quarterly dividends of $1.25

States Power Co.

—

_i„

—_

Maintenance
Taxes

.

279,095

Fed.: excess

Prov.

for

Net

Other

Net

69,331,932
3,704,314

$8,342,73®
2,781,579

543,855

565,731
788,34®
898,339

398,700

814,500

456,689

948:086

491,500

580,400

971,600

862,80®

71,200

94,600

149,300

316.19®
176,85®

$1,211,133

$1,172,332

$2,200,276

122,077

$1,960,90®

1Q4.125

233,814

162,70*

$1,333,311
446,168

$1,276,457

382,911

804,846

778,25®

$887,143

$893,546

$1,629,243

$1,345,349

inc.)tax_

—

inc. -tax

.

-—'

oper..

incomes

_

(net)

income

income

165,

r

deducts.—

income

Cum. ,pfd.

—V.

Subs.)—Earns*

1947—12 MOS.--1946

415,800

-

taxes

profits

State

income

Gross

Total

than

-income

211,468

(&

487,182

-.

(ather

Federol

(Wis.)

1947-^6 Mos.—1946
$4,877,256
$4,350,621
1,921,244
1,436,431

revenues

.Operation

Common

$5,457,995

Niagara Hudson Power
Corp.—To Pay Half of Remain¬
on First Preferred Stock—
directors

I

Preferred, $5 series.—
Preferred, $3.60 series

$6,984,343

$5,773,725

28,102

$5,340,783

Net

.

$13,457,878 $14,162,13®
244,089
176,17*

$7,255,5.08, $7,343,029 $13,701,968
$14,338,31®
1,886,'622
1,838,041 "3,671,154-5,901,10®

r_—,

deductions.—'

income
Dividends:

'1947—12 Mos.—1946-,
$58,768,279 $54,410,92®

$7,134,752
$7,246,301
120,756"
' 101,728

'

*

O

,

(& Subs.)—Earnat
"

-23„780,276, ,20,813,340 '45,310,400
-40,248,78®

Subsid. divs. & minority
interest

$6,999,560

$3,258,070

<

(net).'—_

Depreciation

3,854,298'

$7,26.0,796

.

week

.

operating income-

-2,534,000

ing Arrearage
The

/

17,578,953

1,593,000

$4,338,250

the

Mos.—1946
./— $30,915,029
$28,059,641

revenues'

Operating

I

1947—12 Mos.—1946

f

far

1947—6

Total opqr. exp?. & taxes

1,636,000

/___/—/^ "

Gross income •__/
Income deductions

Corp.—Earnings—

2,067,824

1—•

Operating income

,

.

Period End. June
30-r^

$17^205,526. $16,071,940 $32,686,823
$32,602-,811

tax_

2,386,433

.

tMills,-

1,844,000

income /taxes—:

Fed.- excess
Other taxes

2,049^03®

-Donnally; of

Worsted

-

1947—6 Mos.-i-1046

revenues —/--;

2,727,270
2,341,578

this .company

of

.

Other

|

Operating

1,363,635

1,170,789

;
'
y
Northern States Power
Co. (Minn.)

the. Boston Consoli-;

4

New York Powpr <&
IJght

$6,595,19®

1,170/789'

'

Period'End. June 30—

of

,

<

*__/

$8,497,345

•

Conn.;

L

I,'; James.

R.

Co.,

1,431,205

$4,557,121

f
1,363.635

stock:

—_

.output

Net

Co.,C

U,'

ended Sept.
totaled 55,765,000
20, 194T.
kwh., as compared with
49,636,000 kwh," for th®
corresponding week last year,, an
increase of 12.4%.—V.
166, p. 1153.

,)and

Pacific Tea

628,22®

-

$7,111,552 $13,262,829
$13,928,28*
1,838,828
3,671,154
5,901,88®

.

$4,617,208

5,098,"30®

1,480,19®
722,300

—-—

$7,009,823 $12,996,528
$13,752.'ll®
'
'101,728
266,300
176,17*

142,966

-

6,715,550

,

$6,883,967
"

r

Subs.)—Earning®
1947—12 Mos.—1948

;3,095,523

-.523,102.,

preferred"

Co.,

Hew Yprk; John L.
Halk sepior
:the law firm .-of
,Choate,.Hail-& Htewart, of-Boston, Mass.;
Hartford/ President of'the Great
Atlantic

Gas

$618,26*

58,768,279 $54,410,92®
22,798,325
19,117/58®
3,340,541
3,-118,17®
5,582,500
5,182,50®
6,562,533
6,033,52®

9,849,744

■

—

1

of

York;.. Edward

.

58,39®

$760.05®
ISS/ia'J
Crll;50®

Weekly ..Output Increased, 12.4%Electric

England Telephone

Oliver, of the law firm
H., Ratbbun^ .President,

701,65®

$^82,500

$30,915,029 $28,059,641

minority

7%

««venv

.the .State -Street .Trust
President jof the /Aetria Insurance

&

2,095.65®

; 2,610

111,133

"

■

1,886,622

&

6 %

carry--

of

T.

1946 %
$2,797,31®

2,513,084

—„_

taxes__

.i

——

(het)_—l

:

directors.are:

$798,11*

$693,634

Federal -income

income

Divs.'

.

new

$998-45®
200,04*

*

'interest'-

-

;r§organized -New

/

r

1947

Gross income
,"//.- $7,026,933'
inc. deductions.—

■

of

'

Co.—Earnings—

x

revenues

Subsid. divs.

5,065,-707
3,068,269,.

credit

287,24®

$373,013

:_

Total

•

Boston, Mass., and Edwin -S. S.
Sunderland, of the
Davis, Polk,. Wardwell, Sunderland &
Kiendl, of i^ew
•York—V. 166,' p.;'1153.
:

—V.

New England Tel. &
Tel. Co.—Invitation
for Bids—
Bids for
a

$570,03®
428,11®

..

891,023

operating income.

Other

,

as

$636,308
Dr31,225

.

Net

.for

Palmer, -the

■

.

payable,

purchase

$150,885
314,010

7~

;

Healy, -Professor-of
Transportation, Yale Uni-v
Conn.; James Lee
Doomis, Chairman of 'the Con¬
Mutual, Dife/Insurance
Co., of Hartford,. Conn.; ; John J.<
McKeop-, senior partner-, Chas,
W....Scranton & rCo., of New Haven,
Conn.; Maj. Fred N.

dated

ASSETS—Cash in banks, .in
dry, accounts receivable due

the

253)62®

y——

profits tax
income taxes.,.,—

.

6(1.

10

excess

York; Kent
vefsity, Hew Haven,

«.

195

163,991
276,196

/

excess

State

6d.

.

10

6,385,625

directors

New

law

:

.

LIABILITIES—Notes

47,098
71,625

t*~'

Taxes

/-*_

Sept. 24 elected Howard S.

Providence,

$1.25

..

of

New

50,066*

102,446

post-war
:

-

117/73®
196,99®

1.090,49*

33,952

$119,789

(other than .inc.)
Federal income taxes.—

4s,

17%

.

•

1947—12 Mos.—194*

195,021

$17p,125
50,335

Maintenance j.__—
Depreciation J_^_

.

3d.

4J/2d.,

,

.

20

•♦

142,980

25,623

Operation

•

9d.

5

.7%

-

31.150

..

$144,501

306.

p.

Operating

Palmer as
President.;and Chairman
executive-committee.
He had been
President and Chief Exec-*
O£fioej of the
\eompflny-since-Nov, 1„ 0.934, and trustee since"
Nov.-87 T935. V.v* ^
'(

partner

$306,615

$1.50

will b®

outstanding^

47,731

:

Period End. June 30—

•

2s.

necticut

40,350

102.446

$3.03

stock

$2,516,14B,

Northern States Power Co.
(Del.)

utive

John'A.

25,012. "<
"441,700 '

49 209

.102,446
....

of

three

arnt

4*

.Jbife.'-.'Inpurarw:.e'.

37<629 i

$358,059

12

_./

—V. -166,

*

50

an<®

wholly-

a

Sept.

$2,605,826
'1,191,328

74,503

in

Balance

41/2

"12>/2
.

..

40,256

deductions

Reduction

and

$631,227
,282,736

excess

f

1

43,711

"

m

).

.

166,'-p.\953.

Income
-

3d.
5'Ad./

.

25

/

288,084

retirements-_

3d.

5

$825,011

gen. exps.

to

ami

:

with

Corp.,

Subs.)—Earnings—

1947—3 Mos.—1946

revenues

Grpss income

6d.

1

1

on

•

Total other income-

.

212;604

78,750

the

i

(

•

Sept.

Allerton.F, Brqoks, .Pi^sident,
Co., New Haven, Conn.; Edward
G.r
Buokland, formerly Chairman of the
.hoard,.Hew- Haven, Dqnn.; -Myron
F.
Converse, President of .the
Worcester 'Five "Cjents
Savings Bank,
Worcester,/Mas^.;-Harry -C. CHagerty, Vice-P»e^dent and Treasurer of

15,634,669

35,079

196,901

235,493

40,155
.245,869

dividends
per

86,748

$575,793

16,294,593

34,974
■

389,600
38,400

laxes__

/Net profit
Preferred dividends
•Common

.

April

merger

Class

Total

.

.credit .accruals

1943.—V.

Southern

'

.

.217,557

229,152
•.

the

stockholders

•

30

Ltd.--,—1

Boston;^Morgan -S.:.Brainard,.•
Affiliated
Companies/ Hartford,

$21;«5;074--$20,08J,T63 $17,697,774 $16,698,578,
20,072,988

deductions

on

Refractories

by the

Se-pt.

income

„

Cost of sales & gen,
exp.
Interest

paid

England

Total .operating
revenue deductions—
Operating income

Rate per
Share

•

■

$20,932,681 $19,635^710
$17,347,738 $16,359r743
482,393
446,053
350,035, / ,338T836
.

record

15

Charles" "<Francis ' Adams,
/Chairman

Subs.)—Earnings—

.

New

1? Months Ended June 30-roperating revenues—

-

per- shartt

Co.—-Recapitalization

Involves

Northern Pennsylvania Power

partial .adjustment of estimated
un¬
profits credit -carry.-back Jrom
1946 to 1944 "and also- an
adjustment of J.945 income^and

to

In

(&

•

of -the

from

Inc.

"

!

-

-...

'

:

bonus!

of

v-V.

$2,112,255

:

outstanding!; 32,300

,Neisner Brothers,

on

which

approved

income

Net

New York New Haven &
Hartford «RR.—^New Board—
•/'i The new.i.l)6-man poar.d of

1 /Will

,4*/4 %v
preferred
shares to
/cumulative /preferred .shares
'/o
on
-increasing - the number of cumulative.
preferred shares
32,800 to 72,300 shares, to
permit the creation of
40,000 cumula-preferred -shares, '3.8%:
series.—V. 166, p, 1153.

•-cumulative

effective

excess

accrual

-

meeting to
designation ' of the

changing, .the

369,546

,

Hotels,

income—-

used

^

Naiioual.Tea Co., Chicago—To
Create New:Pfd. Stock'

The
vote

the

Gross incqme
Income deductions

1947—^Month—1946
1947—8 Mos.—1946
income—$7,639,838 $7,234,290 $59,632,077
•U. S. ;income taxes
,$47,453,493
403;000 "Cr537,703
2,770,063 "Cr937.703'
Other*railway taxes—_•
431,673
363;828
3,604,474
2,875,496
Net ry. oper.
income
.„•
921.802„. 1,977,973

accounts

v

}

cents

stocks, payable Oct.

,

banks/ $460,000;

*

J

'

New York Chicago >& St.
Louis

$225/245;

p.

of
was

'

Gross

taxes

1,62,

•

G&a Exploration
Co., Ltd.

Period End.
Aug. 31—

,

.

payable
due
to
employees, $318; proyisionr
(less U. S. Treasury notes
and accumulated
$103,910), $2,564; long terrrt
liabilities, notes-payable, bank,:
;$ia0,a00; Deserves,I$12,223;;
capital stock,
$1,625,009; surplufi, $700,Jlu;v
total; $3,206,-269.—V.
accrued

fqr Federal
interest of.

Refractories

recapitalization,

income ;and

Other

declared the-

Rate .per
Cent

Mines, „Ltd.
Co., ILt'd.l

(Farms

African

"Includes' 5%

on

.

LIABILITIES—Notes

'

,

Adlingten Jleldiugs, S. .A. -Ltd.—
Ltd._,
1—,
.Alkali, Ltd—--—
Union Cold
Storage of South Africa, Ltd.

'

;

„

,

and

of

$2,481,8011

'

:

have

shareholders

S. A. General
Industries,
The South /Vtrlcan

unereon

hand, $357,767;'accounts receivable
(less reserves),
i$415,457;• ach'ances on grain
-purchases and miscellaneous
-receivables, r $.45,584; inventories of
manufactured
products,
(grain and feed, ingredients and
supplies, $813,234; due from
,8550; investments,; $450; iflxed
employees,
assets, net, $1,487,118; deferred
charges,$86,199; total, $3,206,269.
;
;
.and

■"

companies

to registered

Kuper & Co. Ltd.

The

30,

of

group

•Radford

-

BALANCE

75

1, July
166, p., 1153.

Operating income

;

FjrsL Electric Cof p. of South
.Africa, Ltd—
Kinemas, Ltdl—
:

$0.76

applicable

1946

.dividend of

,

Group of Cos. (Union of South

1_
Development,& Explorat/n Co., Ltd.
Areas, Ltd.—
j.

Amalgamated

$76,031

;

ocqupancy

1947,

*'

following

West Rand
Western

-

share

per

*

Gold, Coal & Estate Co., Ltd

New Witwatersrand

1947

:_i

^

the

-Goidfiel'ds; Ltd._-J/_l__:_::_l/____

Lydenburg Gold
.New Mines, Ltd

;

iax_"

of

Rooderand Main. Reef
Mines, ,Lld.„_„
Somerset Investment
Corp., Ltd.___^.

ENDED

?each;

Other taxes

-

256/725

•

$2,144,944

'

Eastern Transvaal
Consolidated

are

of each class

tax

directors

New* Unioh

agree¬

There

a

1

company

for

Fed.

bond*

carry

Corp.—Dividends—
was

.

1,063,022
;

$2,514,490
369,546

•Prov.

the

must

payments were
n>ade: April
and Dec. ,<31, 75
cents.—V.

Period End, June 30—

$3,801,548

1,061,875
-256,921

period—.-

Company—

notes

6,761

Earnings

-

-

--

.

Co.—Earnings—

.EARNINGS FOR
before

—

dividends,-payable
19,1947:
y • ; • •' *. '•

outstanding. Proceeds
working capital.—V. 166, p. 1153..
*
;

National Oats
Net

165,

$7,500,000 notes

note

,

that

delivery in settlemea*

.

cents

Oper., iadm. &
.Maintenance

;
-

-

■following

addition-^

notes and

at

were added

stock-for the

Africa)'—Dividends

—•

/

.

$3,833,286

88,490

21,096-

applicable-to

The

A

Sept.

subsidiary,

Operating

$3,685,712

138,018

88,490

New Union Goldfields

$1.981

.

a

following

profits/.taxes

$3,695,268

„__A—$192,166

ineome

•

4,719,0313,199,491.
3,731,523.

-12,033

•

.

600,000

„

directed

be

A and class B
common
25.
A. like amount

Northeastern Water Co. (&

15,837,736

$293,778

10,198

$301,752

mtge.-bonds-^-i

18,123,436
3,243,282
3,164,340
3,688,500

-.$1,113,707 ; $1,187,998 5

outstanding——-A
/
1,415,363
share_T
$0.72,
p.' 2139.
...............

plan

Balance

185,305

—

165,

to

15, 1947,
Only one
outstanding - after -completion - of
exchange -for
classes of old
stock.—V. 166, pp. 1153 and

Inc.—Earnings-

300,900

int.-and-deducts.

Net

.

—V.

this

became

qther.

Sept.- -19
and

year.--

the

plan

owned

'

1,429,006
270,140

203,229
266,677

approps.

—V.>166,-p. 569.

Net income
Common shares
Earned per

and

470.

p.

.26,246
•

into
,

$0.69!

company's

166,

1,630,132

4—_

taxes

"

Int.-

1,066,300

60,996

$0.67- '

-

1947—Month—1946
1947—7 Mos.—'1946
$2,691,592
$2,553,880 $31,913,826 $31,173,493

Gross income

v

68,546

800 069

'

taxes, depreciation and depletion
all eligible
employees under

$2,534,397

124,704

—

——

'

$0.58

on-

"Flat,"

the directors declared

record

1946,

The

>

$1.08

tTo

Net Operating revenue
Other ineome
(net)

7,413,422

_T1_.

expense

18,

American
Effective—

\

t

xompensation.-r-V.

.

♦

$1,143,543

.

Exchange

North

,f

Period Ended July 31-

Other

_1_„—

$1,350,969

$2,113,192

deducting .costs,

Prop, retire,

provision for Federal income
taxes————
Amortization of
intangibles--—i—i.
Miscellaneous charges

interest

Stock

outstanding class

Oct,-1, -50

■

,

1946

$1,465(660

—-

$1,317,516

York

Sept.

the

In

the- year 1946 were not
suffi¬
otherwise be payable in
1'94®
Income bonds, due
-2014, it i*

would

convertible

-

contracts 'made
beginning-Oct. 1, 1947,
1948, and subsequent
coupons.—V, 166, p. 953.

holders'of

75,000

.

—

New Orleans Public Service

$9,335(496

.

225,000

250,000

-

.

New

July 1, -this

250,000

.

649,638

—

210,000

-

668.

$14,690,042
13,224,381

-I——.

—

286,262

$1,650:969

Other,taxes —'—

*

1947.

—---

276,136

$1,602,516
,75,000

which

mortgage 5%

North American
Rayon
on

$1,364,707

386,411

wages

Nov. 1, 1947.-to
holder*
of
these -dividends tli*
preferred stock will
totaH

payment
the first

during

any- interest

Exchange

109,538

$1,326,379

9,

1944.

declared a regular
quarterly dividend of $fo®
first preferred stock for the
quarter ending Oct..
3*l'to stockholders
of record Oct.
15.—V, 166, p. 96®*

continue to. be dealt In

April J,

36,638

$1,007,132

pay

general

The
of

-

•

.

——i—'„,

342,069

$1,393,543

„

dividends

"Alter

'

;

344,129
96,579

31

payable

the
on

.

shall

94,581

per' share on
1/960,000 shares —L__

.

6 Months ,Ended June 30—

13/367

388,929

Oct

also

the

announced.

$1,852,951

$2,363,192

operating ..expenses.

31,

75,970

to

the

on

100,947-

462,307

addl.

•

cient

$1,767,-087

•.

__

Earhings

Chemical Bank & Trust
Co., New York, N. Y., has been
pointed
ap¬
(trustee/, registrar and paying agent for
$766,000 3%% col¬
lateral trust bonds due
Dec.

(

$1,738:638

•-

After

1944

Norfolk Southern
Ry.—No Interest—
The/earnings of this company

69,824

$1,490,642

1947.

salaries

for

f

The

National City Lines,
Inc.—Earnings—
(
(Including wholly.-owned'subsidiaries)

on

1947, payable NoV.

On

income

contingencies.-

for

and

ox'

National Chain Store
Properties, Inc,—Trustee—

15,

share.
directors

share

per

166,

$1,621,294

losses™

income

tRes.

.

$0.75

/

Oct.

and,unpaid, dividends

per

The

ft.

cu.»

are

record

accrued

production

ago.—V.

71,511
-68,526

*

$2,466,489

emergency. expanses

Res.

$250,000'

$1.74

—-—

below
year

93,000

Non-recurring

1946

$583,000

——

share--—

166, p. 857.

124,647,000

a

$1,350,605

472,604

War

the

' v

of

a

1944

...

1947

1

,

week

;

'

week

1945

121,456

-

expenses

banking

-Earnings^—'

—

Earnings

•

-

_—

admin,

Oper.

National Battery Co. (&
Subs.)

at

1.39%

or

1946

-

Retroactive wage adjust.

director

a

or

Subs.)—Earnings—

110,023

Misc: other oper/income

Gen. .&

•

,

kwh.,

corresponding

.reported

ft.,

$2,235,010

Total Income
of

investment

470.

p.

Three Months.E'nded
July 31—.'
Net profit
(est.).—

•

is

cu.

corresponding

1947

•

-

—'

„

1,

the

3 Mos. End. June 30—

Other

committee

1,312,622
the

-•

"Sales

Namm's, Inc., Brooklyn, N. Y.—New
Director—
Frederic

A/S.

.

of

for

declared for the quarters
ended July 31,
31, 1945. The dividends

and-Jan.

output1
9.44%

$3.75

Sept.. 19 -week

of

ft.- for

cu.

kwh.

electric

each were

»

-

..

for

•

.Operating

\

increase

an

obliga¬

tions.

: —V.

(1257)
Association—Output—

this Association reports

>

Mutual Finance Co.,
Tampa, Fla.—Files with SEC—

of

19,

New Jersey Zinc Go. <&

The company on
Sept. 18 (filed a letter of (notification with
the SEC
for 2,420 shares
($100 par) 5% cumulative
preferred and 2,420 shares
(no par) common
stock, to. be offered at $105
per unit, consisting of
one share of .each.
The shares are to -be,distributed
by A. M. Kidder &
Co. as agent.
Proceeds will be used for
payment of current

firm

-

decrease

a

1153.

■

stock at $50 per
share.. Proceeds will be used for
partial'
payment of

outstanding bank loans—V. 153,

FINANCIAL CHRONICLE

'production .' of- 13,898,275

126,410,000

p.

Minn.—Preferred;

Offered—Piper, Jaffray & Hopwood, Minneapolis,
Sept. .23 offered 6,000 shares of 5 V2 %
.prior preferred

.on

ended Sept.
kwh.
This is

year., ago
Gas output

deben¬

holders

week

15,210,897

of

(A.

the

above

,the

on

B

r&

New England Gas & Electric

interest

10-y.ear .6%
cumulative
years' interest
will be made

:three

and

Payments

"COMMERCIAL

THE

—

5%

dividends
dividends"
p.

$2,434,090- $2,123,60®

13,$67

13,567

27,135

532,198

27,13®

524,397

1,056,595

1,136,193

3171.

Pacific Finance Corp. of
•

The company on

f

Sept. 24 filed
covering 19,750 shares ($10 par)

a

Calif.—Registers

with SEC—

registration statement with
the,SEC?,
stock, to be offered to officers'

common

and employees of the
company at $18 a share.
for general
corporate purposes.—V. 166,
p. 953.

Proceeds

will

be

used

Electric Co.

Pacific Gas &

proceeds

^°en

has

Joseph
elected a

•

inSmftaSs^earnings

^Undist

*-

company's direct and .indirect
sents stock outstanding after

'

307.

p.

,

Corp.—Earnings—

Pennsylvania-Central Airlines

June 30/47 Mar.

period—

.

Operating

revenue

Operating

-

5,348,582

profit
.
income deductions (net

$19,549
217,206

*$2,206,149 *$2,186,600
125,811
343,017

Dr)

•Loss.

Net

.

STATISTICS

Qtr. End.
30,'47 Mar. 31,'47
4,448
3,975

Qtr. End,
June

Period—

Avg. no.
during

•

Revenue

miles

in operation

of airplanes
period

scheduled

miles

«Revenue

6 Mos.

flown

—I

8,795,596

dividend

Preferred

90.04

—V.

521,910
17.8

Net

Net

—V.

318,304

shares ($100 par) preferred
Proceeds will be used

for 3,000

2,043,248
12,336,630

underwriting.

165, p. 815.

V.

SEC
stock, to be sold at par, without

corporate purposes.—

to

extraordinary construction program

carrying out an

of

of the

was

program

000,000
—V.

covering major

additions to the company's electric system.
estimated by the company at approximately
and work is expected to be completed by the end of
and

improvements

to

166,

Cost
$39,-^
J951.

858,

p.

an

of 15.0% .—W.. 166,-p,

increase

1154,ic. 000/. 'M

Cf

1

„

'iti4,,',

&-;.Co£c5;._Corji;^Fto

Subsidiaries)
1947—3 Mos.—1946
1947—6 Mos.—1946
$1,759,920 . $760,783 $3,836,778 $2,757,134

Gross earnings

-/

and taxes—

exps.

1,721,771
$38,149

Profit

•'•/• Divs.

allied

from

Radio-Keith-Orpheum.Cprp. (&

(XnclU-ding Wholly Owned

Period End. June 30—

1,037,753
$$276,970

5,210

.

'

21,502

7,533

Cr57,000

$30,392

$$203,877

$77,828

$$106,085

(est.)
•Net

inc.

for

the

shs.

Earnings

164,888

164,888

Nil

$0.47

Nil

$34,106

$26,709

$69,070

$60,283

165,

15.—V.

dperec.

tLoss. '

TWELVE MONTHS ENDED

JUNE 30

1947

$5,767,170

7,603,875

5,919,565

$93,462

$$152,395

16,210

Drl.342

71,251

63,802

$180,923

$$89,935

24,188

10,930

42,000

1,000

$114,735

Operating expenses and taxes—

•

1946

$7,697,337

earnings

utoss

$$101,865
20,117

Profit
Divs.

from

allied cos. operated

under leasehold

agreement
Sundry
•

^

income

income__

Gross

Charges to incomes
Prov. for income taxes
•Net income foi*

(est.)

the period

Depreciation charges of prior years
»' *•
f
»

&

Net

,

-

-

income

transferred to surplus

Earnings per share
•

♦After

charges for

$114,735

$$81,748

$0.69

Nil

$138,898

$110,327

depreciation

Sept.

20,

7,358,000 kwh.,

l^st

the outstanding

of

;

Phillips Electrical Works,
of

Ltd,, Toronto,

Qnt.—Regis¬

'

'

Ltd. (Canada)—Bonds Called

first mortgage 15-year

sinking fund 4'/2%

been called for redemption on Oct. 15, next,
Payment will be made at The Royal Bank of
Canada in Montreal, Toronto, Ottawa, Quebec, St. John, Halifax or
Vancouver, Canada.—V. 165, p. 2803,
bonds, series A, have
at 103% and interest.




9,386,985

Directors, Etc.—
William Hamhave been elected directors.
N., retired, and

Bros.,
also announced

President,

71,815,969
24,443,048
9,725,355

20,700,750

Eurroughs,

that W. H.

will join the
955.

Stock Of¬
130,000
shares of common stock, no par (represented by voting
trust certificates) at $5.75 per share.
The stock is being
(Mass.) Racing

fered—Bonner & Bonner,

Association, Inc.

—

Inc., on Sept. 25 offered

behalf of certain stockholders and no proceeds
will accrue to the company.
organized in Massachusetts, April 18, 1935
under the name of Wonderland Amusements, Inc.
Name was changed
to Wonderland, Inc., May 26, 1938, and to present title on March 22,
HISTORY—Company was

1940.

Sept.
Sept.

Greyhound racing meetings have been
property ever since the Summer of 1935.

shares of
(par lc).

cumulative annual dividends to the extent
of 7%
of par value, and is redeemable in whole or in part at $1 per
share plus accrued dividend,
if any; it is further provided that no
dividends shall be declared or paid on the common stock until the
entire issue of the class A stock has been redeemed or called for
redemption. The class A stock shall have voting power only in the
event that no dividends thereon shall have been paid for a period of
stock

A

two years

of the

is entitled to

after Jan. 1, 1948.

presently outstanding stock, prior to the sale and issue of any
stock now offered, consists of 300,000 shares of common, issued

the

by

company to the organizers at par.
These
are held for investment and have been put

and five days.

concentrates,
by processing them into

300,000 shares of
in escrow for one

far

the

country.

metallic salts, and initially to

market tungstic

scheeiite (a type of tungsten ore) have been con¬
verted by this process under the direction of Harley A., Sill and as:,
reported by him the conversion resulted in chemically'pure'"metallic
salts.
Other rare metallic salts, he states, should be successfully pro¬
duced
by this method, among which are manganese, molybdenum,/
titanium, zirconium, vanadium and lithium; conclusive tests in respect
to

of

the foregoing
The

of

No.

company

have not been conducted.
to base its initial

proposes

and processes, as set
2,390,105, dated Dec. 4, 1945.

the

methods

public offering of securi¬
country. However, there
racing companies listed on

that this offering is the first
greyhound racing business in this

It is believed

ties

of

are

about 20 stocks of

a

•Yr.

English greyhound

Stock Exchange.

London

the

End.

Length

re;

Meeting
100 days
100

days
100 days
100 days
84

days

50

days

100

days

11945
1946

1947—

•Company's fiscal year
the

tFor

(

DIVIDENDS *J,r*
of' 'vTotal Amount NdtS Eafhhigs

OPERATIONS AND

April 30

.

Paid
None

$13,581,915

$142,009

17,539,499
18,826,250
28,574,512

574,076

$424,557

455,539

375,180

501,680

ends on April 30,

452,157

565,460

34,750,881
25,803,724
49,915,633

460,000

608,212

460,000

1,445,952

1,038,400

thus earnings for the yea*

track operations during

ended April 30, 1945, company

year

^Dividends

(After Taxes)

Wagered

the Summer of 1946.

was

allotted 100 days

the Massachusetts Racing Commission. However,
racing meet was conducted by the company for the
agent for the National War Fund, Inc., to which
the 16-day meet accrued. The income and expenses of
are not included in the above figurs,
racing

by

a 16-day

benefit of and as
the entire profits for
the 16-day meet

CAPITALIZATION—The

capitalization of the company

is J,300,000

stock authorized and outstanding. Company has no
mortgages or preferred stock. All of the
ing shares "of the company are deposited with and held
trustees under an agreement dated April 2, 1940, which will terminate
April 2, 1948, unless sooner terminated by action of the

outstand¬
by voting
trustees.

outstanding bonds,

166, p. 1056.

—V.

Reynolds Pen
Milton

Co.—Acquires "Printasign" Firm—
board, on Sept. 23 announced the

Reynolds, Chairman of the

Chicago,
The

thta company of the Printasign Corp. of America,
111., for a price said to be "in the neighborhood of $500,000."
Printasign is a machine for printing signs and, is widely used
department stores.—V. 165, p. 1234.

purchase by

St..

Louis-Southwestern RR.—Trustee

operations upon utilization
forth in United States Patent

District

Federal

Judge

George

by

Discharged by

on Sept. 24 discharged
and congratulated him on

H. Moore

Berryman Henwood as trustee of the road
the road's return to private control under a
as well as bondholders.
reorganization plan approved

plan preserving

of stockholders
After a
sary

in view of the

"This

is

a

the rights

found unneces¬

years, the Cotton

where a railroad, unable
ago, has come back to pay off

rather unique situation

obligations some 12 years

its

by the ICC was

railroad's profits during the war
its former owners last July 24.

Belt was returned to

tq meel
its obli¬

commented

gations and return to private operation," Judge Moore
after approving Mr. Henwood's final report on his trusteeship.
Mr. Henwood told the Court that in addition to reducing its
debt

funded

than $15,000,000, the railroad had reinforced its. rolling
hundreds of new cars and steam and Diesel locomotives paid
out Of current income, improved tracks on much of its main line,
installed modern safety equipment.—V. 166, p. 955.
by more

stock by
for

to engage primarily in the business of treating
particularly those containing rare minerals

acid.

Concentrates

conducted annually on this
It is believed that the num¬

attending and the amounts wagered at the Revere track
greater than those of any dog or greyhound racing track in

ber of persons

Court—

3,

Class

a greyhound racing track and
and buildings are located on ap¬
physical assets are owned in fee

operates

and

owns

Company

at Revere, Mass.
The track
proximately 40 acres of land. All
and unencumbered.

park

shares of common

3174.

refractory

of this company and its subsidiaries for the week
1947, amounted to 136,233,000 kwh., an increase
or 5.7%, over the corresponding week of
year.—

V. 166, p. 1154.

All

p.

The company proposes

Co.—Weekly Output-

The electric output

.

$0.84

$1.30

$6,881,353
3,818,422
$1.80

1947.
CAPITALIZATION—Authorized capital consists of 300,000
class A stock (par $1) and 2,200,000 shares of common stock

Sept.

year

iMiv

C-i"' ended

$5,107,347
3,924,913

Chemical Co.—Stock Of¬
York, are offering (solely
as a speculation) 295,000 units comprised of one share of
class A stock (par $1) and one share of common stock
(par 10). The price per unit is $1.01. i
Transfer Agent; United States Corporation Co., Jersey City; N. J.;
Registrar: Registrar and Transfer Co,, Jersey City, N. J.
HISTORY
AND BUSINESS—Company
was organized in Nevada,

common

Philadelphia Electric

Reeves

Minerals Processing &

Rare

The

—

depletion and

$Loss.—V. 165, p. 2674.
(JiKT

$3,205,399
3,818,422

$2,836,664
3,924,913
$0.72

fered—Thornton & Co., New

RESULTS FOR THE

7

$8,067,347 $11,543,353
2,960,000
4,662,000

tration Statement Withdrawn—
The registration statement (No. 7104), which became effective
9 and .covered 460,000 shares of common stock was withdrawn

$0.18

for de¬

and

:

outstdg—
Earns,
per
com.
share
—V. 166, P. 705.

164,838

outstanding—
share

pletion

all

after

shares

Com.

164,888

per

•After charges

$5,347,399
2,142,000

Raleigh Red Lake Mines,

pe¬

riod

Cap.

$4,200,664
1,364,000

3,649

1,605,853

41,000

taxes

income

for

Prov.

$140,330

15,000

//Charges to income

taxes

est. inc.

profit

charges

$$254,026
6,851

$56,826

_

1,108,786

Assistant Treasurer of Burlington Mills Corp.,
organization as Controller on Oct. 1,—V. 166, p.

ended April 30, 1947 cover
Net

$$98,553

11,434

income

2,258

-

35,650

33,903

22,944

—

-

'

210

18,466

4,065,246

partner in Lehman

Reeves,

M.

J.

1944_

1,603,244

assets

for

Prov.

operated under lease¬
agreement

$2,597,420

29/46 June 28/47 June

the

on

capital

$$134,203

$101,217

operationssale of

from

Profit

Total

hold

Gross

Profit

2,891,337

3,735,561

26 Weeks Ended

29/46
$5,345,140 $6,461,494 $11,539,703

June 28/47 June

Period—

Subs,)—Earnings—

Ended

13 Weeks

cos.

Sundry income

76,154,444

formerly

are

Engineering & Service Corp.—Output—
Electric output of the operating companies served by this corpora¬
tion for the week ended Sept. 20, 1947, totaled 231,052,000 kwh., as
compared with 200,904,000 kwh. for the corresponding week last year,
Public Utility

><ir

brss

.

65,606,472
10,045,666

1—

from the sale

Bonds—

'

...

$9,791,949
2,859;902
995,175

1,951,088

sold on

...

Public Service Co. of Indiana, ^c.—To Issue
The company has asked the SEC for permission to issue and sell
$15,000,000 of first mortgage'bonds, series O. due Nov. 1, 1977,
finance its construction program.
The company said it proposes to
use part of the proceeds from the sale of
the bonds to pay the costs

manufacturer—contract

:i^X(*Pennsyiyania Coal

p.

merslough,

117,557
$0.39

for general

1944

$9,022,711

1946

Reeves Bros., Inc.—Two New
Rear Admiral Richard E. Byrd, U, S.

SEC

The

1945

$9,264,691
2,051,715
984,394

income
859.

oper.

166,

$1.06

8,211,932

—

income—

railway

from

ry.

628,110

$1.03

1947
$9,766,982
2,062,372
1,017,120

railway

from

Gross

$666,422

628,110

75,562,042
17,596,817

railway

oper.

ry.

$649,736

628,100
$1.79

Co.—Earnings—

railway

from

from

Net

Prosperity Co., Inc., Syracuse, N. Y.—Files with
company on Sept. 17 filed a letter of notification with the

51.45

$1,124,260

—

3327.

p.

Reading

*

Oper.

165,

Revere

136,819,296
265,944,714

banks;'5 $4,000,000; traffic balances
and trade accounts payable, $1,439,612; accrued liabilities, including
'payrolls, $1,069,865; transportation taxes, employees withholding taxes,
^fetc., $414,758; deposits on air travel card accounts, $39.9,074; unearned
transportation revenue, $200,870;
15-year 3V2% convertible income
debentures, due Sept; 1, 1960, $9,850,000; reserve for uninsured losses,
$53,867; common stock (par $1), $479,083; capital surplus, $2,838,729;
earned deficit, Dr$4,091,054; total, $16,654,804.—V. 166, p. 570.

-

——

income

August—

$154,672
37,115

_

profit applicable to common stock
Net profit per share of common stock
—V. 165, p. 2549.

$2,320,760)
l,196,500j

shares outstanding
Earnings per share

$273,859
13,124

Net

on hand and demand deposits in banks, $1,720,381;
securities, at cost, $920,000; • accounts receivable,
$1,821,050; inventories, at cost, less reserves for obsolesf''cence, $1,732,436; deposit due from aircraft
canceled, $440,000; property and equipment, at cost (net) > $9,327,598;
prepaid expenses and deferred charges, $371,333; unamortized debt
discount and expense and other assets, $322,006; total, $16,654,804.

LIABILITIES—Notes payable

tax—

earned surplus
requirement—

Net profit to

8,049,853

JUNE . 30, 1947

fless reserves,

V

19432

Net

taxes

income

.

1946
1945
Not stated

1947
:—

taxes

before

,

,

Domestic Subsidiaries)

(Including
30—

Capital

$286,983
3,188
129,123

—

deductions
for Federal income

Income

Government

S.

income

Gross

40

ASSETS—Cash

v

Profit

Federal

the board of directors.
:t,.,
,
.
... '

Inc.—Earnings—

Raybestos-Manhattan,

Net

4,448

4,129,874
3,544,478

115,446,946
43.62
147,644
170,660
1,110,445
932,803
7,795,209
4,541,421

BALANCE SHEET,

CONDENSED

■

r

-

46.2

43.2
4,665,722
4,505,375

ton miles

and air freight
Passenger ton miles

income

Other

44.7

miles

ton

Express

after parent company expenses

Operating earnings

End.

37

40

84.64
320,815
201,095
14.9
50,362,856

f'fu.

the

for

6 Mos. End. June

$344,862
71,003

——

——

including interest & gen. taxes

June 30,'47

cent of sched. miles flown—
94.81
^Revenue passengers (unduplicated)
•
Avg. no. of passengers per mile—
20.1
« Revenue
passenger miles—/
86,456,440
Revenue seat miles operated—150,497,768
Passenger load factor (%)
"' " 57.45
Mail

operating earnings
company expenses,

Provision

/Per

i

Farent

operation

in

Stations

operation

in

miles

Route
•'

—-—

the company with
and to provide working
will be used therefor as

this issue is to provide

erection of plant facilities,
capital for the conduct of the business and
may
be determined from time to time by
—V. 166, P, 1154.4 .
.
...
.

$3,991,603
3,646,741

—

—

month.

about $1,000 per

of

PURPOSE—The purpose of

capital

From January

OPERATING

.v^'

loss

Gross

$2,529,617

$2,331,960

$197,657

loss

Net

operating revenues

v

months.
designs for
estimated

(& Sub.)—Earnings—
INCOME, SIX MONTHS ENDED JUNE 30, 1947

Operating expenses

lease basis. This equip¬
lined tanks, electrolytic

tanks, motor
leaching tanks and

.

(including claim for

CONSOLIDATED
Gross

includes

tanks, mills, grinders, crushers, agitators, solution storage
generators, air receivers and compressor, furnaces,
other equipment.
' ' '
• - • .
„■
The test period of the pilot plant should not exceed
six
During this experimental period employees will be trained,
larger units completed and procedures determined with an

Portland Transit Co.

5,459,518 10,808,100

Operating
Other

31/47 June 30,'47

$5,368,131 $3,253,369 $8,621,500

expenses

-

6 Mos. End.

Qtr. End.

Qtr. End.

'.

.

.

.

...

present facilities will be available on a
a
chemical laboratory, lead

whose

Federal tax refund, $780,000), $822,006;
land, buildings, machinery, equipment, etc. (less reserves for deprecia¬
tion
and depletion,
$18,167,341), $5,818,622; investment in foreign
subsidiary (50% owned) whose only asset is land (less reserve), $57,000;
deferred charges to future operations, $207,704; total, $12,966,057.
LIABILITIES—Notes payable (banks), $600,000;. accounts payable
(trade),
$397,992; accrued liabilities (wages, taxes, interest, etc.),
$524,503; provision for Federal income tax, $352,831; first mortgage
bpnds (sinking fund payment due July 27, 1947), $400,000; first mort¬
gage bonds, 3y4% series due 1953, $2,450,000; reserve for self-insurance
(workmen's compensation), $252,476; capital stock ($7 par), $3,681,755;
capital surplus, Dec. 31, 1945, $3,169,658; surplus paid in on exercise of
capital stock warrants, $15,145; earned surplus since Jan. 1, 1946,
$1,121,697; total, $12,966,057.—V. 165, p. 2674.

$2.90

idle.

now

cost

ment

$46,000;

'46

mines

of

planned to equip a pilot plant at Los Angeles, Calif., at a pro¬
of approximately $20,000. It is to be located within the
established premises occupied by Harley A. Sill a consulting engineer

ASSETS—Cash, $1,629,712; notes and accounts receivable (less re¬
$1,190,277; inventories, $3,182,236; U. S. Govt, securities, on
deposit with State Workmen's Compensation Commissions,
cash on deposit with trustee, $12,500; sundry investments and deferred

non-consolidated subsidiaries, representing the
net interest as a stockholder. tRepre2-for-l split on July 8, 1946.—V. 166,

partially owned

•Of

30, 1947

.located in the far

sources of raw

is

It

company).
sales were

ended June 30, 1945, net

equipment comparatively

An operation of this type

inexpensive.

and

near

jected

serves),

$21,792,000
t7,504,272.

$10,205,000 $17,407,000
t7.504,272
7,118,872
$l.ll
' $1.36"
$2.45

885,000
7.118.872

$7

Net profit
—
•Capital shrs.voutstdg._-.
;Earnings per share
,

the three months

$1,197,592 and net loss amounted to $252,930.
CONSOLIDATED BALANCE SHEET, JUNE

$17,652,000
4,140,000

$9,151,000 $14,218,000
1,489,000
1,054,000 3,189,000

$6,396,000

'

tax and surtax (subsidiary

derived

is designed to provide a

materials and ready markets for company's
products may affect substantial savings in freight charges.
These
savings alone should justify the operation as economic. Utilization of
this process in the treatment of rare mineral and complex ores of low
values which are to a large degree now commercially unprofitable, can
be made profitable thus permitting operation of some of
the great

$214,803
525,965
525,402
$0.59 1
$0.41

for Federal income

NOTE—For

receivables

"Pland

simple

west,

number

been

6 Mos. Ended
29, '46 July 5, '47 June 29,

July 5, '47 June

Period—

through utilization of the patented process.
The patent relates to an invention which
more economical method for treating ores by

$308,922

profit
Capital share3 outstanding
Earnings per share
•Provision

Ended—r—

3 mos.

rj

$259,003
30,425
*13,775

Net

Inc.—Earnings—

Paramount Pictures,

jr

$483,875
26,653
148,300

„.

Federal income tax

provided to the company ■
calls for pay-

to use such patent is

license

exclusive

agreement with the assignees of the patent, which
of 5% royalties on the receipts from sales of products

ments

14,876

48,377

funded debt

on

Provision for

Paraffine
-

$244,127

—

income

Total
Interest

Sept. 19 filed a registration
'covering $100,000,000 40-year debentures to be
bidding.
Proceeds will be used for company's
Company will receive bids for the purchase of
a.m., Oct. 21.—V. 166, p. 1153.

Companies, Inc.-^New Director—
A. Moore, Jr., President of Moore Dry Dock Co., has
director, succeeding Bruce F. Brown.-rV. 165, p. 2419.,.

$435,498

_

profit

income

Other

Co.—Registers with SEC—
statement with the SEC
sold through competitive
construction program.
the bonds up to 11.30

Tel.

Pacific Tel. &
The company on

2,396,690
123,833

expenses

Operating

V. 166, p. liw.

27/8% coupon.

will bear a

bonds

The

by the company with
improvement of facilities,
Utilities Commission.

tie

by

1946
$2,764,650

3,105,444
135,610

—

—

and ordinary tax
Depreciation and depletion
Cost,

of $75,000,000 first mortgage bonds
to be used in expansion and
authorized by
California Public

The- sale
the

sales

Net

1947
$3,676,552

Ended June 30—

Months

3

An

(& Subs.)—Earns.

Pennsylvania-Dixie Cement Corp.

Interest Rate on Bonds

—

Fixed at 27/s%—
'

Monday, September 29, 1947

FINANCIAL CHRONICLE

COMMERCIAL &

THE

(1258)

10

and

Safeway
6 Months

Stores, Inc.

Ended June 30—

tNet income
"riertds
Preferred dividends
Balance

for

/.J/7/

common

(& Subs.)—Earnings—
1946
1947

t$4,771,774
-

$4,299,748

1945

$2,407,286

500,802'
Not stated

$4,270,971

outstanding
2,570,647
2,540,648
•Earnings per common share
$1.66
$1.49
•After preferred dividend requirements.
tAfter interest charges, de
preciation and income taxes. $After deducting $520,000 contribution
employee retirement plan.—V. 166, p. 1154.

Common

shares

Volume

Number 4633

166

Schiff Co.

THE COMMERCIAL

(& Subs.)—Earnings—

postwar

6 Months Ended June 30—

Net

profit

1947

sales

Net

shares

Earnings

per

half

holdings

share

and

of

S.

$3.96

the

shares

of

A.

213,053

Beck

dividends

in

of the issue outstanding,

of A.

222,750

—

include

$34,316

of

$170,442

half

1946

Beck

S.

year

Shoe

in

the

165,

Scudder, Stevens & Clark Fund, Inc.

To Issue and
Net Asset Value—To Split Shares Two

Redeem Shares at

notes

Net

the

Other

Fund

holders

that

who

these

The

and,

Fund

charges

are

it

necessary,

redeem

tion

under

formed
•will

be

curred

by

and

this

the Fund

redeem

firm

of

and
at

will

of

expenses

Stevens

be

these

of

net

Distributors,

the

Scudder,

there

because

shares

Fund

All

&

in

The

Net

of

the

a

premium of

1%..

1%

of net

Splitting

the

shares

issuance of additional shares

Net

asset value

and

redeemed

at

a

present shares on a two'-for-one
retirement of all shares in the treasury

and

of

asset

to

$50.71

V.

166, p.

value

of

the

share

per

to

Fund

being

accomplished

has

issued

for

bids

,

deposit,

income

U.

S.

Treasury

income

on

."

—

——

Provision

for

Provision

Director—

for U.

Colombian
S.

income

directors

per
stock.
In

ferred

share

per

Sept. 22 declared a regular quarterly dividend of
share on the 5 V2 % $20 cumulative convertible pre¬

on

cents

making
record

total

a

Oct.

An

of

cents

share

per

payable

Nov.

1

to

income

taxes

taxes.

the first dividends to be declared under the

are

As

payment
earned

Frederick

L, Chapman, Vice-President of
Herrick, Waddell & Co.,
of New York, has been elected a director of the corporation.—
166, pp. 472 and 308.

Inc.,

to

Seaboard Finance
W.

A.

pletion

President, announced Sept. 22 that upon' com¬
company's
exchange offer of new $2.60 convertible
(no par) for the outstanding series A and series B
stocks, 43,855 shares of the
new
stock
had been
taken

fered

the

preferred
under

the

exchange,

S53

Such

share

per

leaving
shares

plus

12,329

accrued

shares

offered

were

dividends

to

to

be

the

by

the

treaded

by The First Boston Corp.
Acceptances of the exchange amounted

.

•tock

and

over

Colo.

of the

group

new

and

money

offered

were

by

after

the

stock

of

exchange,
which

underwriters

of

serial

the

the

for

beginning

of the exchange period.
Delivery
exchange offer and' to the underwriters

of the new stock under
the
was made
Sept. 25.
The company expects -to make application in the
near
future for
the listing of its common stock on the New York
Stock Exchange.
The Chase National Bank of the
City of New York has been ap¬
pointed transfer agent for the $2.60 convertible preferred stock.
See
•lso V.
166, p. 1056.

Co.

shares

held,

at

1,810,000
$0.15

$9.50

the

to

holders

share

a

unsubscribed

any

of

the

Stork.

New

and

at

the

of

rate

Hutchinson

sale ' of

serial

an

in

Co.

of

are

1947

Serve!, Inc.^—Earnings—,

3L- "

be

of

notes

the

of

the

sale

of

the

company and
the common

balance

stock

is

together

1,726,926

in

Pueblo

and

environs.

tLoss.

provision

fBefore

$0.52

$0.41

,

for

Federal

provision

for

taxes,

Federal

•

$0.40

,

Months Ended June 30—

Expenses
Fixed

:

6,036,222

charges

Net

and

income

excess

profits

$1,807,483
1,306,950

—

Dividends
i

901,408

Surplus
—V.

166,

King

Coalition Mines

Period End. June 30—
•Net

profit

$102,561

Capital shares

Earnings
V.

per

all

•After

$327,317

outstdgshare

taxes

Co.—Earnings—

1947—3 Mos.—1946

$0.08

and

$$65,212
1,220,467

depreciation,

but

cents

Nil

before

$0.01

depletion.

Months

Ended June

(&

.

>

sales

.

1947

of

70 cents per
have

This

also

corporation

projects
18.

The

was

income

Total

—

—

1,915,883

near

paid

two

Oct.

on

income

Consol. net income for six

Common

dividends

$2,041,001

The

78,654

1

22,656

Long

1947

to

ended June 30

—

—-—

$1,610,681

surplus

596,400

$964,581

Earnings per share..
:

'

,

1————

amount
1946.

497,000

497,000
$2.47

CONSOLIDATED BALANCE SHEET, JUNE 30,

ASSETS—Cash,
coonts

$631,724

$3.24

—

and

$3,097,089; government
notes receivable (less reserve),

securities, $1,505,000;
$2,793,264;-inventories

ac-

not

In excess of cost or market, $5,641,251; prepaid and deferred
items,
§236,016; notes and accounts receivable, not current; $34,000; estimated




ferred

semi-annual

15,

1946,

dividends

for

made

166,

redemption

Net

profit

Earns,

per

share—

com.

the

$1,205,893

._

rate

'

1

.

1944

$1,129,032

•546,664;

of

.

70%.

$734,071

$3.50

.

tAt the

*690,323
100,000

■

$277,141

$2.13

rate of

$338,709

$0.96

38%.—V.

6 Months Ended June 30—
sales _______—1

166,

$1.18

801.

p.

1947

1946,

$4,366,498

expenses.

$2,428,412
2,370,044

3,991,676

_

i„

received

from

Total

*65,248

,

.

...

$309,574

.

subsidiary

company:

54,660

j-".':*",

bonds

on

1,936
iVX't

Provision for Federal

profit
shares

Earnings

for

income

-Br900

•$3,778

14,325
121,872
;

$198,844

*$18,101

83,832

83,832

-

$2.37

1774.

p.

flf6,583

redemption
taxes

outstanding-—

165,

?

229

$320,716

share

per

8,976

e

'

called

$3,707

.....

j,

Premium

•Loss.—V.

of

-

Nil

-

■

for

company on

Sept. 23 filed

letter of notification with the SEC
to be offered at $2.50 per

a

100,000 shares of capital stock

share.

(par $1),

Underwriter, American Canadian Enterprises, Ltd., New York.
will be used for
working capital and increase production

facilities.

Tennessee Corp.

p.

Dec.

40

All

one

three

on

for $194,000 on

for

awards

scheduled

to

be

let

>

1,

next,

net

Earnings per

stock,
was

payable

disbursed

Oct.
on

a

30

from

the

Sept.

on

on

income

U.

S.

California,
Army Engi-

for

trar

26,

for

five

other

1947—V.

the

New

164,

1st

'

4.25%

dividend

stock

has

been

also

of

50

declared,

on

cents

payable

15.—V, 166, p. 472.

;

Bank

company

on

Sept. 19 filed

covering 9,524 shares ($20 par)
to be Issued in consideration
for

Tampa, Fla.—V. 166,

p.

1096.

a

5%

letter of

Jan.

4

and Nov.

'

27,

will

mtge.

of

$598,129

$1.04

the

rev.

j

be
up

Service

received

to

bonds

noon

-

York

$100

p.

2591,

Agent, Etc.
has

been

Trust Co.

&

par

as

ap¬

regis¬

value.

For

Co.—Bids Invited—

the company at Room 2033, 2 Rector
St.,
Sept. 29 for the purchase of $7,000,000

by

series of

1977.—V.

from

166, p. 859.

Co., Inc.—Earnings—
'

1947

sulphur sales and misc. income $15,217,737
9,549,134
;

'

for

214.04O
545,290
100,000
2,635,000

profit

$6,054,804

contingencies
Federal and foreign income taxes—

Capital

$0.70

164,

(EST)

Operating profit
Depreciation

Surplps
•

New

stock,

Dividends paid

.

of

preferred

3,840,000

„

prior preference, stock,

City

Bank

3 Months Ended June 30—

Reserve

registration with the SEC

cumulative

.

$890,031

Chemical

Amortization

share-on the pre¬
Nov. 1 to holders of

the assets and plant of The Polk Cp.,
,

$2,198,129
1,600,000

the

and

Texas Gulf Sulphur
Gross

per

Stokely-Van Camp, Inc., Indianapolis—Files with SEC
The

840,000

(

V. 166, p. 1096.

see

York

Net

*

1945

($1,730,031

Stated

cumulative

Texas Electric

,

Bids

bids

National

pointed transfer agent

offering,

the Hudson River,

.

quarterly

1946

t

.

$2.09

]

share

Chase

The

separated

announced..,
the Colorado

was

dividend of 25 cents per share on the
to holders of record Oct. 15.
A like

April 25, last, and

usual

1947
Not

$1,785,951

taxes

Tennessee Gas Transmission Co.—Transfer

widely

$198,000 at Surfside,
were

Subs.)—Earnings—

income—._)

•After charges and Federal and State income
taxes.—V.

also announced that it has entered
were

consolidated

Est. Fed. and State income

376.

bidder

(&

6 Months Ended June 30—

Estimated

distri¬

extra

an

on

approximately $616,000, it
were a $224,000
project

Texas;

Beach.

which

record Oct.

i

1947

20

"

v,

Extra Dividend—Partial

contracts

The directors have declared

$1,228,124

646,100

:

100,000

$

'

common
mos.

June

$923,805

Capital

Standard Steel Spring
Co.—Distributions—

873,815

Capital shares outstanding

.

.

1946

$

597.

The

Balance

company

contracts

17,716

1,144,500

on

each

1945

The American Frog and Switch
Company
Interest and discquqt .(netW^—
Miscellaneous income and expens&ij
(net)—

,

taxes.——1—

common

100,000

charges

$2,119,655

1—_

Dominion

and

Federal

$2,962,837
185,000

——

trust—i

cents

Will

the

on

$1,183,986
1349,915

•Estimated

called

Hudson, N. Y., and another

just below

p.

income

Employees' pension
Other charges

$2,897,119
65,718

per share
stock, both

certificates

made

Co,—Earnings—

Operating income

—Jan. 1 to Sept. 14—

neers.

Operating profit
Other

cents

5,551,589 201,221,894 191,705,300

—

successful

totaling

River at Matagorda
Bay,

7,874,279

2,402,914

15

25

common

Scrip

90,000

norm,

Dividends

share.

directors

dredging
on
Sept.

1946

10,476,999
expenses—

1.

$1,944,989
t649,096

$Loss.—•

$15,777,033 $11,831,163

Cost of goods sold
Selling, general and administrative

of

the

on

Oct.

Proceeds

addition,

The

Subs.)—Earnings—

30—

dividend

stock

tax & surtax

Standard Dredging Corp.—Bids Successful—

Simonds Saw & Steel Co.
6

cash

record

18, this year, as against
1946.—V. 166, p. 1156.

Paper

31,
per

Telesonic Corp. of America, N. Y.—Files with SEC—

$82,800 of debentures at par.—V.

165, p. 3059.

Net

-vihjx.lL

$

& Bros.

year,
the
company
each and, in

bution

$18,502
1,220,467

$0.02

of

June

9,

July
$2.18

or

'

Stock Distribution—
a

common

holders

ended

$1,525,562,

Depreciation of plant and properties

directors

Last

1947—12 Mos.—1946

$31,448
1,220,467

1,220.467

in

with

1926

29,
1945.
based on the

on

472.

p.

Silver

The

at
-

declared

to

Cost of sales and

have declared an extra dividend of 75 cents
per share
the common stock, payable-Oct.* 15'to holders
of recdrd' Oct.1 8, and
the regular semi-annual dividend of 50 cents
per share on the common
stock, payable Dec. 15 to holders of record Dec. 8.
The previous semi¬
annual payment of 50 cents was
made on June 16.

1,089,125

$500,533

17

months

seven

reported

in

Dec,

share,

per

in

mills

Philadelphia

Reserve for conting——

The

$1,416,442

the

started

was

incorporated
$1.98

has

at

Taylor-Wharton iron & Steel
Co.—Earnings—

Earnings—

5,266,264

Spalding- (A. G.)
Redemption—

-i—

1-1'

'

>

com¬
•

and

1946

1,500,000

1,023,267

taxes—

earnings (est.)—
—V. 166, p. 1155.

38,578

1,575,000

depreciation
income

For

were

or

in lieu of fractional shares.
distribution of 25 cents per share was

after

Net

—Wk. End. Sept. 14—
1947
1946

-

Gross

1,435,953

1,875

for

Provision for

-

$

5,712,620

1,437,328

__

Provision

Period—

$11,881,177 $11,005,002

—

—

Exchange

1946

1947

—

which
was

of

shares

Exchange.

containers

Net

-

Southern Ry.—Gross

Shawinigan Water & Power Co.—Earnings—
6

Cross revenue

700.000

1947

""

output of this company for the week ended Sept. 20, 1947,
totaled 2,569,000 kwh., as compared with
2,324,000 kwh. for the corre¬
sponding week last year, an increase of 10.5%.—V.
166, p. 1155.

reserves,
and other charges.
taxes.—V. 165, p. 3398.

Stock

corrugated

Corp.—5%

Electric

Nil

,

-

list

to

.

Weekly. Output Increased 10;5%—v*>

1,726,926

Oil

Nov.

Dec.

•At

,

f$374,995

earnings
1324.

Sutherland

provide funds
includes the installa¬

~

$897,396
1,726,926

Chicago

6 Mos. End. June 30—

-

with

■

'

application

the

on

dividend

on

Profit

to

completion of the foregoing
transactions, the company will
outstanding $5,000,000 of first mortgage bonds, .3% series due
Nov. 1, 1970,.
$1,600,000 of serial notes and 476,970 shares of common
stock.\

•

made

have

cash

and

U. (Commission of Colorado.
Of the proceeds of
$780,000 is to be used to redeem the presently out¬

of

of

be

"

'

p.

stock

issued
A

stock

the

$7,228,808;

adjustment

to

Corp.—Listing Application—

directors

payable

Upon

1947—9 Mos.—1946

' t $781,324
-1,726,926

$973,107

Common shares outstdg,
Earns, per com. share—
•After

,y

1947—3Mos.—1946

.

'

"

5%

a

Fed.

to

series,

of

outstanding.

165,

Sunray

of¬

have

f„
Period Ehd. July
♦Net profit ————J—

shares

unaudited

The
and

Pueblo,

subject

for

and

tax

Franklin, Ohio, with fabricating units
111., where the main office is located.

share.—V.

.

securities

new

construction program which
additional 15,000 kilowatt capacity

operation

($5

Chicago,
Succeeding J. H. Stone & Sons,
capital
of
$1,735, corporation
Earnings for 1946 were $1,385,765.

•

the

company's

of

and

liabilities,

taxes

and

and

its

shares to be

accrued

notes,

applied in
$3,055,035), $7,164,594; reserves, $4,«
par), $6,502,910; capital surplus, $6i451,022;

amount

manufactures

company

700,000

steam electric. gener¬
ating unit, including boilers and other auxiliary
equipment; in the
company's Pueblo plant, improvements and betterments to the com¬
pany's electric transmission and distribution system
properties, and
the purchase, of new passenger buses soon
to be delivered and placed

,

and

income

Treasury

P,

notes,

proceeds
the

tion

of

issuance

other

S.

60.

p.

Cochocton

Bosworth Sullivan and
Co., Denver,
expected that $1,000,000 of the new serial notes will be
by the Travelers Insurance Co. and $600,000 by the Guar¬

Trust

standing

rep¬

at

in

company has
stock
($1 par),

mon

79,000

$282,493

Is

approval
the

the

stock

common

15

stock

common

$0.32

1947

surplus accumulated since Dec. 31, 1933,
$9,870,784; treasury
(4,762 shares at $5 per share),
Br$23,810; total, $41,375,304.

166,

by

It

anty

series A

thereof

payable

and

U.

The

public at $9.75 a share if 80% or more of the additional
subscribed for by
stockholders, otherwise at $9.50 a share

purchased

41%

of the series B stock.
In
addition
to the
12,329 shares
remaining
the underwriters are to purchase 43,816 shares

resented

underwriting
89%

each

of

JUNE 30,

,

Co.—Proposed Financing—

underwriting group consisting
Colo., and Boettcher and Co.- and

The

to

for

shares

$90,482
1,272,920

-

..

plan to finance extensive

additional

318,230

$730,412
1,295.820

—

a

an

purchased by the
public Sept. 23 at

(less

.

the

to

shares Is

.

Federal

'

84,400

*

$0.31

outstanding

share

one

stock

•underwriters.

the

presently

Co.-—Exchange of Stocks—

Thompson,
of

preferred

offer

$408,712

$1.05

Stone Container

35,900

improvements to its electric
generating and distributing system properties, to purchase additional
bus
passenger
transportation equipment,
and to
refund
its pres¬
ently outstanding serial notes,
company proposes to
issue and sell
29,810 shares of common stock and $1,600,000 of new serial
notes,
due semi-annually March 1, 1948 to
Sept. 1, 1962.
Company proposes

capitaliza¬

new

for

contracts

•—V.

1,865,940

of a

part

388,716

$1,366,872
636,460

—u—

paid—

LIABILITIES—Accounts
war

163.

p.

112,670

1,372,001

share..

per

provision

1946

82,900

share—

per

166,

$551,852
Cr245,576

equipment, stated principally at cost (less reserves of
$10,306,856 for
depreciation arid amortization),
$7,166',915; patents, licenses and good¬
will, $1; total, $41,375,304.

(less

$579,060

profit

Southern Colorado Power

of l2>/2
cents per share was declared on the
stock, payable Nov. 1 to stockholders of record Oct. 17,

...

...r'

$2,851,543

—

hand, $5,917,435; receivables (less
of
$660,199), $8,634,260; inventories, priced at lower of cost
(first-in, first-out) or market (less reserve of
$1,045,000 for possible
future inventory-price
declines), $15,078,246; investments and advances,
$3,682,652; supplies and prepaid expenses,
etc.,'$893,795; plant and

$571,531
89,738

-

30,600
124,200

—

shares

of

Earned
—V.

net

855 745

400,000

reserve

holders of

tion.

V.

No.

dividend

common

These

29 Va

17.

initial

class A

addition, a one-week interim dividend of two cents
declared, covering the period from July 24 to Aug. 1,

was

Consolidated

1946

22,100,519

:

operations

profit for period

The

The

27'/a

from

dividends

stock
1947

$922,505105,745

-——

Depreciation

Subs.)—Earnings—

CONSOLIDATED BALANCE
SHEET,
ASSETS—Cash in banks and on

Co.—Earnings—

^

—

—.

Depletion

Initial Dividends—New

(&

etc

reserves,

130,996; capital stock

Consolidated

$1.94

preferred

1947

$615,407;

South American Gold & Platinum

3,747 923

fAfter

1155.

p.

(net)
for Federal and other income
taxes

Cash

payable—secured
$231,500;
5Va%
cumulative preferred stock ($100
par), $1,760,400; preferred scrip—to
be purchased and retired, $75; common stock
($10 par), $1,769,070;
common
scrip to be purchased and retired, $5; earned surplus, $3,490,839; total, $9,772,915.—V. 158, p. 897.

6 Months Ended June 30—

outstanding,

1947

expenses

Net

to

up

(E.S.T.), Oct, 6, for $4,500,000 of equipment trust certificates
dated Oct. 15, 1947, and to mature
$300,000 annually from Oct.
1948, to Oct. 15, 1962.
Bids will be received at office of Willkie,
Owen, Farr, Gallagher & Walton/ 15 Broad
Street, New York.—V. 166,
p. 1056.
—

on

items,. $44,712; provision for Federal' taxes
Treasury tax notes), $587,200; long-term notes
mortgage and
assignment, $1,850,000;
reserves,

by

be

Container Corp.

16,950
$7.37

accrued

15,

Seaboard

Profit
Other

LIABILITIES—Accounts payable, $602,021;'dividends payable, $24,294;

,

noon

to

JUNE 30,

shares

$7,520,661

371 187

Adjust, of inventory,

U. S.

received

be

and

$1.82

36,555,566

Earnings

hand

on

$7,083,238
•3,763,248

$0.93

Depreciation

102,500

$3.93

3,747,923

$0.86

6 Months Ended June
30—•

$167,106

:

$3,588,990"

•3,763,248''

Not
stated-

Sales, less returns, allowances and
discounts— $40,178,296 $23,508,116
Cost of sales,
selling and admin, expenses

plus accrued interest, $82,800; accounts receivable (less reserves
discount, bad debts, and returnable cores of $37,116), $1,242,094;
accounts receivable, $1,420;
inventories, $1,588,368"; ad¬
vances
to
and
investment in wholly owned
subsidiary—assigned as
collateral on loan, $2,956,854;
plant and equipment (less reserves for
depreciation of $3,998,059), $3,205,582; unexpired insurance and de¬
ferred expense, $80,389;
total, $9,772,915.

<

to

share

common

$3,357,944
share.

notes,

Sept. 17 was $22,744,945, equal
shares outstanding onWJiat date.—

invitations

per

i

•Average number of common
dividend requirements.—V.
166,

$269,606

176,907

outstanding...

(.

outstdg
com.

11.865,433)
4,782,195]

J

Stewart-Warner Corp.

$743,922

—

shares

Not stated

Surplus for period
Capital shares outstanding

through

present holders.

shrs.

tEarns. per

Prov.

profit

and]

for

1155.

company

_——

1947—6 Mos.—1946

$66,447,482 $40,140,093

charges]

Federal

profit

Com.

$265,306
4,300

$1,181,122
437,200

bef.

Net

miscellaneous

Seaboard Air Line RR.—Bids Asked—
The

taxes

BALANCE SHEET,

on

449,412

on

is

but

all

foreign income taxes& forgn. inc.
txs.'.j

1946

115,873
income

after

11

Subs.) —Earnings—

1947—3 Mos.- -1946

Fed.

$5,090,987
4,825,681

$1,065,250

taxes

ASSETS—Cash

.

the cancelation

Fund.

Profit

Federal

1947

6,371,724

operations

Federal

will

changes provide for splitting

basis and
the

at

of

for

$7,436,974

(net)

in-,

expenses

underwriter

.

issued

'
s

mill

income

Earnings

investment

Provision for the changes
announced, has been made through amend¬
of the Agreement of Association and Articles of
Organization of "
Fund, approved by holders of more than two-thirds of the shares
outstanding.
Since formation of the Fund in 1938 the shares have

Other

provisions

-

income

Common

ment

been

$902,165;

(&

Period End. June 30—
Sales

A corpora-

the

-discount

from

Federal

direct

Inc., has been
this corporation

Clark,

increase

no

changes.

sold

value.

asset

Sterling Drug, Inc.

stock¬

on

(1259)

investment

excess

sales

Profit before

.its

Scudder

capacity.

by the
Fund,

the

of

of

name

in

act

borne

adviser
sell

the

to

payable,

and

,

of

Profit

shares.

shares, heretofore
investors, will hereafter be sold through an underwriter.

to

income

sales

Cost

frequently

are

hardship

undue

any

to

necessary
announced
that

also

longer

no

work

occasion,

on

find

may

$246,046;

pi*ofits taxes (less U. S. Treasury
$1,700,000),- $757,330; other accrued Federal, State and
$325,887; acbrued payrolls and other accrued liabilities,

of

6 Months Ended June 30—

policy in the investment field of issuing and redeeming shares
value, without fees or charges of any kind, has been
adopted by this corporation, it was announced on Sept. 19. This new
policy has been adopted because it appears to the management of
asset

misunderstood

tax,

Sorg Paper Co.—Earnings—

A new
net

profits

—

for One—
at

excess

owned

local taxes,
$599,250; provision for payment to employees' pension trust on account
of past service, $185,000; capital stock issued
(less 3,000 shares held
in treasury), $2,982,000; consolidated
surplus, $13,740,957; total, $19,492,589.—V. 166, p. 571.

2007.

p.

Dominion

tax

the company's
Corp., representing
on

but do not include undistributed earnings

Shoe Corp.—V.

fully

LIABILITIES—Accounts

$3.16

received

Canadian

of

assets

and

earnings

year

of

stock

CHRONICLE

and

703,810

222,750

outstanding—

common

NOTE—The

51%

net

881,487

iu-,

refunds

common

FINANCIAL

subsidiary, at equity in underlying
as
shown in subsidiary's books,
$122,515; real estate, tools
machinery, and equipment, at cost (less depreciation reserves of
$5,903,017), $5,815,408; total, $19,492,589.

1946

$14,490,190 $12,187,093
taxes—.1

after

Common

1947

In

&

for

shares

period

—.

outstanding..

Earnings, per, share.—
—V. 165, p. 2804.

$2,214,804
3,840,000
$1.58

1946

•

$9,476,812
5,611,550
143,426
352,555
100,000
1,446,000

$3,569,569
2,880.000
$689,569
3,840.000
$0.93

-'

•

Called—

CHRONICLE
A

7

[Including Wholly-Owned Subsidiaries]'

-

194*7

income1 from- operations-.-

Gross

Maintenance, repairs & general expenses
Depreciation- -----——--—
Taxes- (other than income)—!

-

244,024

■The

directors

#hare

Dividend—

the

on

Oct.
With

cents

the

is

as

declared a dividend of 25. cents perof record
payable Ocb.( 15 to holders
pkid on July 17, last, and compares

2

-V.

Sept.

on

23
stock,

common.

This

each

same

Jan,

on

and

April

1,

1946.-

166,

Other

.

994.

p.

!

-

„

.

——

Net

.

.

taxes

income

Total

•

beginning of year

at

surplus

surplus

-Dividends

tj

„

losses

capital

*

-

$85,31!

<•$147,354

non-recurring
•

■

.

1946

1947

were

"

of

$21,834.

"* '

■

-

-

"'After

$9,448,376
$1.67

per

'

749,000
$0.68

$1,023,509
749,000

$1.47

749; 000

$1,27

$0.65

requirements.—V.

preferred' dividend

V\

749,000'

$521,805

shr.

com.

1947—6 Mos.—1946*

1947—3 Mos.—1946

$543,628

shares-outstanding

""Earnings

.1,076,798

$10,929,440

there

3099:

period End. June 30—

Com.

1,345,997

-

-

-

-

165, .p.

Net profit- after charges
& taxes

j

$12,275,437 $ro;525'!74

—————
-

•

Victor Chemical Works—Earnings-

915,200,

-

$1,798,308
10,125,1508,726,865

'

• ' -

$883; 100

598,100

.

1097,

p.

_

addition

—V.

$2,150)287

income

V,-- )66,

Inc.—Earnings—

Its. Wholly-Owned -Subsidiaries)

(Including

<Tn

499;979

.•

-

$1,552,187

—

Amount transf'd from res. for postwar conting.

Earned

965/755-

...

of

Operating'loss,

$1,383,087

$2,517,942

_!

—

rate

6 Months Ended' June- 30^—

■

•

.

income

Net

:

88,129

55,531.

;

i

$1,294,958

«

interest

an

Universal' Laboratories,

—___

>

'

.

Provision for Federal

Film Corp.—To Call Stock-^
The company-on Sept. 30,.will draw for redemption on- NOV. 24,-1947}
A total of 4 957 shares of prior preferred stock at. $100.86per share,
tteing the redemption price of $100 per share plus accrued dividend
#rom Sept. 15, 1947 to Nov.' 24; 1947).
Books will be closed perma¬
shares.—V. 166, p. 1097,

income

;

with

217,757

$2,462,'411

———!

*

Tptat income,

Twentieth Century-Fox

nently on all drawn

inpome from operations.

Net

it

247,848''

\

248,724
_______

Corp.—Delates 25-Cent

$2,000,000 to $3,500,000.
The Metropolitan. Life* Insurance Co!»
ifc stated;, has
agreed to lend-the-company-an additional- $1-.500,00©A
subject to this approval. This loan would be repayable over 20: years*

1946

$5,816,476
4,055,914

—

special meeting of the preferred stockholders will be held on Oct;
approve an increase in
the company's permissible funded' debt

to

from

$7,156,480
4-,203;319

6 Months Ended June 30^-

the outstanding 5% first mortgage' sinking fund bonds due
Jiari. 2. 1959,, have been called for redemption on; Jan. 2, 1948, at 1Q0
mtid interest
Payment wjll be made in Canadian funds at the Royal
Bank of Canada in Toronto and Montreal;: Canada'.
•
,. >
of

TOfcor

Mqnday, September 29, 1947 V

Union Tank Car Co.^—Earnings—

-Bonds

(Hamilton) Ltd. (Canada)

Theatre Properties

Alt'

& FINANCIAL

THE. COMMERCIAL

(1260)

*2

$1,169,823

166;

610.

p;

Udylite Corp. (& Subs.)—Earnings—

royalties-,,,,,—--

from

income

72,^24

_•

,

Earned

Earned

Belling, general, administrative expenses, etc.__
Itafcerest expense (less miscellaneous, income) —

$1,218,450"

$2,578,425
1,125,212

„

(est.)

568,000

190,000

;

provision for Federal income taxes

Cr24,059

,50,000

Provision for contingencies-:

Deposits
FiXed

Net profit
©iVidendsCommon shares

—-—
—

outstanding-!-common share—

Burnings per

$302,501

$831,389
'369,204
739,002

—

Deferred

739,002
$0.41

$1.13

—

Other

sales

Bet
•Cost

gen. &" admin, expenses—
charges—net—
Brov. for Fed. income taxes (est.)
.

Bet

income

1947

$2,484,670
, 1,712,800
596,463
.2,126

66,805

Bahnings

per

165,

p.

$3.87 V2

377,849.

Gross

In

AND-

addition,

charges

based

taxes

©Dates

income

Burnings; per share!
b6tE—Deprec. and deplet,

above

166,

p.

360,000

$531,469

$530,458
'

r

.

•

_

•

-

-

742,710

641,003

$42,148,524 $28,944,057 $80,960,421
23.304,660
15,290,011
45,172,008

$57,001,285

5,367,968
.

&

depr.

284,375

5,252,727
575,000
1,075,000

depl".

contingencies

fox income taxes.;

11,016,262
2,072,609 '

,2,394,659.
1,059,392
284,375s
568^750
4,312,821 10,408.771'

,

568,750

Amortiz;

Net

Net

profit-

$4,992,963
4,686,270

$1,990,625

'

shares

outstand—

'

-4,666,270-

—V,

$0.38

>iln'

■■■

$0.72

j

.

.

ASSETS—Cash'

on
hand": and
in
banks,
$21,319,695;
marketable
(chiefly U. S. and Canadian Government bonds),- $2,330,597;
accounts, notes and other receivables, * $18,684,843;. invenof crude and petroleum 'products (12,206,000 barrels), $17,596,

^securities
Customer
♦ofies

1928

accruals;

$12,627)774';

dividend
Bayable, $1,166,567*;, interest payable, $57,292; accrued taxes, $4,157,410;
insurance
reserve,
$1,267,803;
reserve ' for-contingencies,
$575,000;
long-term debt, $40,000,000; preferred stock (250,000 shares cumula¬
tive $3.75,
series A),..$24,500,000;.■ common-- stocK C4,666,270- shares
outstanding), $116,656,750; premium on sale of common shares, $3,699,-

*17; earned surplus,. $39,643,012;

total, $244,350,725.—V.

# Months Elided
■Profit

after

June 39^

1947"

charges-,.——

Federal 'income

;;

165,

p.

1911,

taxes

-Earnings—

1946

"

$4)010,818
1,546,911

w

<

1946

1945

$714,694"

$610; 125

598,240

L

profit

"

$3,385,126-

1,303,336

1945

$3,604,499
2,885,719

$2,463)907

;

$2,079)790

$718,780

"

Ctommon

shares

Burnings

per
Dn

TOfllrements

outstanding_______

common

936,566
on

common

936,566

468,283

468,283

$2.63

share

*'$2,16

*■$0.70

shares

preferred stock




r

;

'

4

$116,454'

*

47,415
;-'j-

,

'

I"

1

1

V"

'i

jf

j,

14- to

1946,
was

5'[c)

\

7

V 37

authorized

2,729
<

additional
all

able

Nov.

this

on

were

1

••

60,833.

1,507'

20,950"

'»

202

201

■

.

-

,

20,980

1

^ $48,054

;

$24,420

Notes—:

been

called

7%

.

for

outstanding and after, dividend
then outstanding.—V. 166, p. 96.

n-,

share

in

217,637

Radiator
the

on

6%

of

Feb,

on

Sept.

on

stock

1,

Corp.-—Preferred: Dividend—
a

record

dividend

May

Oct.

l

and

•

from

net

of

earnings

75

preferred"^sfcock,-: par '$50, "pay¬

20.

A

similar

Aug.*!;

this

payment was made
year.

No

dividends

1946.

outstanding

Ore.—V.

of Fir

capital stock

166,

of the

dividend

just declared,

arrearages

share.—V. 165,

p.

on

2552.

Cot—Proposed' Retirement Plan

special

a

meeting

to

V.' 165,'p.

2! will

.

■

•

-

.

■

Financing for Expan,-

B.

Yates, President, on Sept. 19'told stockholders that de¬
wallpaper is expected' to continue high' for the next 12
however,; thht it • is'- improbable -that either sales or

for

He said,

will

the

common

Mr.

ori. Nov.

to adopt, as of Jan. 1, 1948', a retirement income
1, 1947, a group life Insurance and hospital and
insurance plan
for employees
of
the
company.—

210T.

William

months.

profits

held

of Dec,

United Wallpaper, Inc.- -Private
sion—

when

be

proposals
as

be

as

large

as

company! reported

share.

Yates said

.

the

.

,

..

in

the

fiscal

a

netr

of $1,842,344,'

4

year

June 30, 1947,
equal' to'$1.46 per

ended

..

plant at Aurora- 111.,- originally~scheduled to
$2,000,000, will probably involve an expenditure of $3,737,000.
To- meet? the
increased oosb and to maintain- necessary
working
capital; additional borrowings will be required, according to Mr, Yates,
H6

new

added'that while-open bank credit lines are' availkble it has been
determined" that' additional' long-term financing will be more, satisfac¬

tory,.

-

approved a proposal to. increase the
shares to 400.000 shares.
Of
125,000 shares will be issued ih exchange

p,

«

250,000

9901

Manufacturing

'

•

Co.

of

'

•

.

,

.

.

„

.

.

Corp.—International. Trading: Com*

to Invest in New Industries in Foreign Countries—

.

crisis

in

now

Europe

restrictions arising, from
and-other parts of :the world, will be-

facing

severe

the World) Commerce Corp,, which was formed- in February
name
of
British' American Canadian Corp.:
World

the

Corp.., has
J

*

.

.

between' countries,

a

.present* paid--in

capital

of

-

1940. under
Commerce!

$!060,000- and-ha^

.

*

access'

funds to achieve its objectives,^ according • to! Mr. Ryari *
elected President of the enlarged' corporation!* ...
V;
interested in the" enterprise are the Atlas Corp.;. Robert
Bdnsoh- & Co)
of London;
Glore;< Forgan & Co.! of New York and1
Chicago;, Hambros- Bank of London;, Ladenburg,-. Thalmann & Cbi of "
New
York;
the Mellon interests1 of Pittsburgh;
the Ryan Brothers *
of/New
York) and
Traiisamerica
Corp!; Also
identified with^thef*'1
corporation
are
former-•; Secretary. • of State--Edward- R;' StettiriiUs»
Major General William J. Donovan; former Ambassador to Japan;; v
Joseph C. Grew; Sir William Stephenson- and E, W- Sickle, J. H;
Gundry; Jambs- Y." Murdoch and-E. P) Taylor; of' Canada.
Regarding
the > operations of World Commerce Corp;, Mr. Ryanstated: ■
*
'.I
'/The firm has world-wide coverage, being presently represented in: ^
47. countries of the globe and. through six partialiy-ownedf subhidiaries' in. Canada, Brazil, Mexico, Egypt, Panama and the Philippines/ the
latter in course-, of organization.
The firm also has controlling- and'
management interest in Biddle-Sawyer Corp., an-international firm: «
dealing in bulk chemicals and drugs with affiliates in England, India
and the Argentine:
'
T
kiWorld'Commerce-Corp. currently is conducting: operations in Indus- "
trial and manufactured products of United States and foreign origin' as
well as
international commodities.
These activities are designed!,
to create foreign exchange in sufficient sums to permit the continuous
and
uninterrupted-flow of products despite - the current difficulties
in'foreign exchange payment facilities. :
-•
^
'"The corporation also, serves as distributor and agent for a number
additional

who

has

been

.

stockholders: at

benefit

^

22

from

150,000 shares,

Commerce

the'economic

$880,070" $1,030,960

$589,593'

cumulative

United States Tobacco

surgical

amounts were

Canadian; and British- financial1, and- :
to take speoific steps- in support of
international trade, according to- an- announcement made September 23'by Frank T. Ryany" spokesman for the group.'
/'
)'The medium; of the group's efforts to stimulate the flow of com*
merce

$973,i85,s $1,430,530 " $1,698,060^
383,592
;
556,460'
668,000

preferred stock will amount to $24.75 per

plan,, and

declared,

been

Like

Financially

holders

to

has

A grou" of leading American,
business. tLterest'S'' has: organized

-

1947—0 Mos.—1940

1947—3 Mos.—1946-'

$558,450"

Following distribution
the

per

of, record Sept. 30,
July 10, this year.

Witeok Chemical Co:, N. Y. City—Acquisition—
This compaiiy has purchased the 50% stock interest of the Phillips'
Petrojeurir Cb: in Panhandle' Carbon Co., inc., Borger, Texas, -- and
will market all of! the latter^ output; of channel carbon black;—V. 103; '*
p. 949.
'
■'
•

pany
■\

notes dated Oct. 15,
redemption on. Opt) ;25,
made at the Irving; Trust

second .mortgage

taxes

Slates

issue

paid

the

of

Myrtle" Creek,

'

1,399

117

$340,813

share

i

66,235
'

17,080

The .directors: have-declbred
per

*'

t'

Osgood Co,r—Capital Increased—Acquisition'

common

the

'$174,185

66;220'

1156S,

p,"

United'

'

Distribution—

payable *'
dls«f
paid an initial of five cents on Sept. 25; - ^
payment of 12 cents on Dec. 27.—V.. 106,

cents

and

company
followed by a

stockholders

The

27,758

45,484

exp~

have

profit

cents

$65,466;

.

& Fed;- inc.

reserve,

$1,304,800; common stock ($100earned surplus, $1,177,167;

par),

-rr.

World

the* outstanding

106,

five

the

for

$182,315
*

27,603

L*

Period End,-June 30-^-

—V:.

of

stockholders

April. 10

on.

164.

p.

-

39,850

$01,399

at

other
in

'

taxes-

disct. &
income

Profit befpre 'texes. .i-'jState

($100

surplus,

and

marketable' securities

$26,742;

reserve,

stock

capital

and

taxes

dividends "
governmental *■
general) $513,373; 7

$330,232;

accruals,

and

income

-

-

I__;i„i

bond

of

Federal

payable

1947>,
total,

•

for contingencies

reserve

replacment

dividend-

which

$146,389

65,615

$148,781

—

franchises

of

$3,593,760), /-

reserves,

463)736

L

^

obsolescence

•

reserve'for

preferred

$3,225,800;

!n

436,970

246

I

and

Wall. Street Investing Corp.—5-Cent

Calendar Years

cost

Bet

$2.93

1947
(amount at

SHEET, JUNE 30:

total, $7,220,013.—V. 166, p. 413.-

*

mand

-United Biscuit Co,_of America (& Subs.)

pat),

bursed

$538,336

deduction-

——1

for

cehsider

and

$142,206;
i

at 100 and interest. Payment will be
corporate, trustee, One Wall-St., New .YorkT Nt Y—V.s 162, p.• 1680.

The

payable

32.258

$4.31

marketable securities

•

iniientpry

)

$344,300
58;210 shs.
49,790 shs.'

A

$101,365

A

(extended

Co.,

.

LIABILITIES—Accounts

$117,320

32,258

(less subsequent write-downs to June 30,
charges
and prepaid expenses,
$18,583;

LIABILITIES—Accounts

166,. p,» 1156.

n

4,660,270'

$1.73

_

$161,851

and intangible assets, Including goodwill—as valued

processes

charges, g411',393;

,

STATEMENT

United States Asphalt Corp.—Calls 7%

$3,806,117

$8,543,594
4)666,270

BALANCE SHEET, JUNE 30, 1947

,

(

$1,02

BALANCE

depreciation, amortization

acquisition, dates
$1,000.00,0;
deferred

to

ii

(^aniings per conn, share
-Htfter pfd.- div. require.

(less

$872,603;
at

.

INCOME

income

Net

5501000'

2,175; 000

350)000

nil

Cam:

;

___—

8,409,901

575,000
f

!_j)

outstanding.,__,.__,-_
share
._.__!^!____

market
uotation^, $1,402,2791,. $1,203,003; accounts receivable," $410,540; - in*vehtories, $1,931,839; other investments, $186,244; plant' and equipment

;•

30,577,646

5,650)833 * 11,122,039

*■

1,235,831

70,000

58,210,shs.

United States Finishing Co.—Earnings—

state &. local taxes
for

,

58,2^0 shs.

CONSOLIDATED

income

Alf of

Brest paid

tov.

(par $1)

profit

interest

Reserve

:

r

•

jiral expense -*—

40,269

Cr2,846

./

common

CONDENSED

-

115,000

taxes

income

for period.

per

proceeds will be used to increase the company's

—

Depreciation

Bdiing, admin* and gen-

Pfov. r for

58,V10 shs.

expenses..—

_

1947—3 Mos.—1947
1947—6 Mos.—1946
$42,027,005 $28,803,891 $80,217,711 $56,360;282

—4.

1

Federal

payable,-$22,834;

100.006 shSi

r

income

J

*■*

on

income

for

shares

FINANCING

profit—non-operating

Gross

1947

^fotal

65,421
$224,744

$303,845
26,994

ASSETS—Cash, $1,597,201;

V.

B.

of

Outstanding

$373,-100

.

(par- $1)

"

,

31,860

$159,323

$243,217.

—

charges

"

1

PRESENT

.

operating

Other

!

Cost of sales——-

net

revenues

Total

Operating

$!85

140,166

TO

———

capita!

Merchandise

1,271,437

_

708,844

60,628

Net-income

Oct.

Total

121,519

1946

$900,026

1,254,278
30,675

$7,220,013,

EFFECT

stk,

stock

common

Ambrtlzatibn

sale of se¬
curities and properties

-

1947
$1,528,170

—

income

Wheeler,

$4.52

Union Oil Co. erf Cal.—Earnings—

profit

stock

common

July'31v'47
>

1,27!,437

'

$0.30

"J

reserve

Earnings

_

ifpar $1)__

com.

COMPARATIVE

I Total

132,000

Ipiscounts, divs., int. &

the

7 Mos. End.

135;532

$265,300 --"$208,642

Bales

appliances,'

$4,115,407
1,500,000

•

Period End. June 30—

B

1

'

:

860."

———'

' !

'

products

Common

-

GIVING

stock

common

working

to "in- '

charged

come

of

.

lv 1964

April
A

PURPOSE—The

87,035

234.338

1,271,437
$1.10

\ $2.42

-

share

Application of inventory replacement reserve!)...

public utility subsidiaries of the company operate under
distribution systems-, furnishing the inhabitants thereof
cooking, hot water heating, space heating, gas refrigerators

CI., A- non-redeem.

Glass
T

$2,347,935

1,271,437

Capital shares .'outstand.

100%

owns

other miscellaneous

due

$1,391',115 t $5,743,542

$3,071,601

Bet income

•-V.

-

3,759,000

79,000 *

195,000

Other

gas

for

Class
_

on

——

129,789

"$1.52

1947

sales and expenses

Reserve

Georgia Gas Co.

gas

$4,028,432

72,504

75,301

2.055,000

of

Total

Collateral Trust 4% sinking fund bonds

880,000

119,061

—^—.

1946
$1,983,359

652,015

30—

Other income

"

other! in¬

and

come

Federal income taxes-*.-

JUne

charges' & taxes

803.

Depreciation

a"

Authorized

$2,425,416 $10,092",880

$5,440,662

2716.

p,.

Corp.—Earnings—

Quarter Ended June 30—

.

company

and

,

$1.17

$0.41

48,232'

after

166, p.

Sale

various

franchises,

223,287

-

—

.

BUSINESS—Company;

Pipeline Co., Vandaliai 111.
The

$2,377,184. $10,020,376

$5,407,721.

165,

cents

'

174,366'
$261,548

.

32,941

income

Interest

:

share.;

per

Carolina Gas Co:,

12,216

1947—3 Mos.—1946 ,
1947—6 Mos.—1946
$15,807,942 $11,125,976 $30,097,517 $20,637,760
8,686,625
7,152,751
18,617,750 13,586,353
C&st of products sold—
©eliv., sell., admin, and
3,459,391
3,022,975,
1,396,04!
B®neral expenses,—
1,713,596

Operating profit

1946—V.

$109,180 in

or

(The) Vulcan Detaining Co.—Earnings—

Co., Chicago—Stock Offered—

Cities Utilities

CAPITALIZATION

Other income

$0.59
88

541,715

of. the public utility subsidiaries of the company are as foliows:"
Hastings (Minn.) Gas Co., Central Wisconsin Gas Co., Southeastern
Illinois Gas Co;, Tennessee Gas Co., Carolina Central Gas Co., South

;

i

—

$196,028

to

$5,418,182

—V.

.

;

3060.

Period End. June 30—

amounted

2054.

p.

United

Union Bag & Paper Corp.—EarningsBet sales

Months' Ended

156,907

$0.42

against

Earnings-'per #>mmon

Ray T'. Haas; Chicago; recently offered 41,790 shares of
class
A non-redeemable
common
stock
(par $1)
at

.1,889,534

$106,476
260,474

$66,322

share,

—

months

six

"

$2;715,513

1947 '

vr-.

r-—

540,755

.
——

—

61,540
$100; 407

share

the

Operating, profit

1946

outstanding—'i—- 260,474 ;
share-':——
$0.15

shares

1,974,298
371.236

!

$42,693,631 $40,514,622

163,

outstanding

common

for

192,445

$94,103
222,739

Sales
Net income

stock

'

Capital

576,289
360,498

—

—

Total

6 Months

40,036

sold—-—__i

goods

of

Cither

82,373
385,443

Cost of

-V.

shares
per

income

common

6

$698,104

987,920
513,482

Delaware corporation, is
a public utility holding company with its principal executive offices at
22 West Monroe St...Chicago. Company, operating-through. 100'/o owned
subsidiaries,-furnishes gas services to various communities; The names

$1,506,749
1-,055,763
344;036
592

Celling,

:

.

57,676

Victor Products

(1,200,OOo shares, no par)—'—' 30,000:000' 30,000,000
Earned
surplus
—
10,929,440 -9,448,375
Reacquired capital stock (123,203 shares) —_ Dr2,996,947 Dr'2,986,923
Capital

(& Subs.)- -Earnings—

——

per

-

3 Months

" * "

$1,772,195

—

contingencies

$354,392:

200,4'45

__

taxes

income

Net

74,823

61,450"

„

—

annuities-—

for

reserves*

COMPANY

" '

Earnings

1

Net

$42,693,631' $40,514,622

—

other taxes

for

Reserve

;

#. 36.

Period Ended June 30—

Common

20,008,310

'1

-

income taxes (net)

Receives for postwar

maturing within one year,
#140 000;
accounts payable—trade, $742,033;
dividend- payable on
jTttly'15, 1947, $184,750;„ accrued payroll, $276,002; accrued expenses
«nd miscellaneous accounts payable, $189,816; accrued officers' com¬
pensation
$37,000; Federal taxes on income—estimated, $1,178,767;
panic loan—installments maturing after one year, $490,000; unearned
Jdyalty, $12,723; reserve for contingencies, $250,000; capital stock
<*l;)par), $739,827; capital surplus, $329,277; earned surplus, $2,934,-V. 166,
T»3; treasury shares (825 at cost), Dr$15; total, $7,504,883.—"
1cc

Unexcelled Chemical Corp;

—:

604,742

$352,225

expenses.

' *

payable

Reserves

.

loan—installments

_L

LIABILITIES'

less

"

1,361,625
202,512

!•—

-

Reserve for Fed.

5and' $141,906 amortization), $65,095; deferred charges, $37,850; totaj,
$159 642; patents, patent applications, research and development
LIABILITIES—Bank

1,361,625
175,490

bonds)

chaises

.Accounts
-

.

#7,504,883.

3,174,873

—

$959,134

564,727

.

Federal income

22,558,170

subsid

Total

BALANCE

CONSOLIDATED

profit

Operating

2,706,686
2,341,053

'

SHEET, JUNE 30, 1947
ASSETS—Cash,
$1,399,040;
accounts receivable (less reserve for
doubtful accounts, $112,028), $2,278:260," inventories, $1,956,902; other
assets—estimated renegotiation rebates; $10,040; buildings, machinery
#nd equipment (less reserve for depreciation, $514,362),
$1,598,054;

-V.

Gross

9,870,532

!_)
(at cost)—

—

1946

1947
$916,952

'

„

sold

goods

1946

$3,949,077

of

2,929,098

S. Government
(net.)-

(U.

assets

Cost

7,746,853

will, patents, etc.-

Good

"

1947
—

1

non-consol.

in

"

30

Victor Equipment Co:—Earnings—
Quarter Ended June 30—
Net sales

$4,686,070'

"

.

.

hand——.

r.eceivahlei
and supplies

i Investment

.

•

JUNE

SHEET,

BALANCE

securities—

Government

Material

$1.99

:—:

CONSOLIDATED

banks1 and'on

in

S.

Accounts

750,008

3,824

.

30i
capital share

ASSETS—
J Cash

U,

Total

surplus June

per
;

$1,204,797'
.13,653

$2,505,801

profit

Gross

Bet

9,221,364.
9,221,364'

sold

goods

1946
$6,510,185
5,305;388

returns and allowances— $11,727,165

less discounts,
of

1947

Ended June 30—

6 Months

dales
Cost

■„

.

•

.

of

well-known

fundamental
rehabilitation
identified

American

manufacturers

policy of World Commerce
and

with

a

recovery
number

efforts of
01'

is

in

foreign'

to

assist in

foreign

overseas

territories;

producers

of

as

on page

50)

A

It

is actively

the

»

distributor

foregn products and commodities in* the markets of the
Hemisphere.
,
•
* •,
'"A further aspect of the corporation^ activities is to help

(Continued:

'

stimulating the

industry.:

:

Western
•

promoteja

Volume 166

Number 4633

COMMERCIAL & FINANCIAL CHRONICLE

THE

Stock Record

New York Stock

«»

DULY RANGE OF PRICES

LOW

AND

Monday

Sept. 30

Sept. 23

I per share

76%

8

17%

*7%

17

17%

37

37%

7%

20%
•98

♦20%
♦98

3%

3%

36%

37%

•64

3%

•95

20%

32% "32%
34

.-34%.

•99%

33

100%.

*

71

11%

100

23%

Industries

2,500

Allied

Chemical

100

Allied

Allied

Mills

700

-

32%

32%

33%

32%

33%

3,900

*99%

100%

99 %

99%

*99%

100%

100

37%

38%

38'

38%

38%

11,700

98%

98%

98'A

97%

98

30

30%

30%

31

30

30

*6%

6 %

*78%

79%

77%

78%

77%

78%

48%

47%

48

47

47%

47%

47%

8%

8%

8%

8%

14,000

66%

66%

1,400

21%

4,100

70%

30

68%

22

22%"

*69

♦11%

40

*5

84%
46

♦68

12%

♦11%

*102

5

105

104

23%

23%

108%

•106%

23%

*23%

51

109

82%

82%

340

44 %

♦101

23%

Amer

*107%

109

Mar

Brake

Corp

Shoe

Co

&

7%

♦107%

109

10

50 %

51

1,900

American

200

American

51

50%

50 %

50

50'A

21

•20%

21

19%

20%

♦19%

20

preferred—
Chicle (new)—.

Colortype Co_
Crystal Sugar
prior preferred-.

20%

*20%.

20%

•20'A

20%

20%

20'A

♦20%

20%

98%

98%

♦98%

99

•98%

99

98

98%

98%

98 %

80

45%

46 %

45%

45%

44

44%

5,300
2,100
1,400

American

114%

114%

113%

32

46%

45

114

30%

45%

113%

44%

113%

30%

31%

'

%

30%

113

112%' 113

113%

29%

:30%

4%%

-100

4%

4%

4%

14%

14%

♦14%

17

♦16%

4%

.

14

17%

•17

16%

4%

4

15

*14%

17

17

15%

3ya

17%

17

—10
_10

com

100
10

100

Distilling Co—

L20

92

92

16

16%

*16

16%

16

16%

16%

16%

85

♦81%
38'%

38%

7%

7%

7%

54%

.

24

23%

7%

102

•100

*54

54%

23%

7%

*7%
*98

12%

•i2ya

14

•i3y2

21%

20%

21%

•110%

112%

12%

112

112

LOW

Saturday

Monday

Sept. 20

Sept. 22

.

$ per share

24'A

♦10%

5,800

American

Home

7%

500

American

Ice

*12

14
21

20%

113%

112

*24

24%

99

97%
9

29

*31

99%

99'A

13%

32%

32
.

103%

10%

10%

*16%

17

10%

*16%

-

13%
*180

31%

104

31%

105

♦lOVa

17

99%

13%
185

3iya

104 Yz

10%
108%

100

13%
*180

32%

31

10%
109

99

13%
182

31%

104

10%

99%

13%
182

*10%

31

10%
109

„

*140

loya

30%

11
109

99

13%
182

♦178

32

10%
109

143

•10%

104

11

*16%

10%

17

♦161/a

$ per share

24%

24%

98

*97

9

142

*139

10%
31

142

10%

100

31%
104

10%

(

31V4

99%

7,100

103%
10%

10%

1,600

17

*16V2

39

38

39

37%

39

60%

61 Va

59%

65%

59%

59%

166 Va

167%

148

167%

167

34%

*146

167

*33%

148

♦146

34%

34

148

,

*146

28%

29

*28%

29

28%

25

25

*24%

25

*24%

25%

♦23

23%

*23

23%

*23

23'/a

43

43%

*133

136

133

55%

55

158%

42 Va

159%

72

'

♦55%

158%

72

72

43

43

133

*129

56

159%

158%

72%

73%
157%

156

156%

51%

50

50 Va

49%
•117%
15%
•100%

119%

73%

119%

*118%
15%

72%

15%

103

♦100%

45%

44%
•100

103

♦89

43%

94

6%

100

90%

6%

♦65

6%

70'

*64

103

45%
100
90 Vt

6%

72Va

72'%
155

49%
119

49*A
119

16

15%

103-

134%.
56V4
159

72J/a

.49'A
119
16

103

*100%

102y«

92

*88%

6%

6%
*64

*129

91

6%
67

49

15'A

19,800

44%

15,700

101%

6%

800

68%

60%

34%

34%

63 y4

34%

60%

63

60%

62

60y4

61%

17%'

17%

•11%.'

12%

4%
36%

" 4%
36.%

For footnotes see page 23.




42%

42%
110%
51%

•50

17%

17%' /•,

•17%

17%

12%

i2%,

12 Ye

12 y8

37

37

,

42%
•109y8

42Va

*42y4

110%

108%

42%;.;
109%;■

4%

51%

•4
•

•

37%

Apr 23
9% May 17

May 19
18% May 19

14% Aug 15
30% Feb 10
116
Jan
0

4

1,100

51Va

53%

900

17%

17>/a

2,200

*10%
12
,
*10%
12
4% :• 4'A i
\
r4
4
i, 37%~~38,'ml!1
-37*%, 37%

200

-51%

17%

-

18% Jun

10

94% Apr

19

9
Sep 25
x25% May 19
134

Jan

9

10% Jun

30

28'/a May 27
9% May 19
100% May 19
90

May 19

11% May 19
176

Jan

21

24% May 19
99
May 21
9% Aug 25

100

Am

V

Lowest,

28% Sep
101

2

Jan

3

July 17

14% Feb

-

American
Conv

Elec

Woolen

Oct

24

Sep
loye Sep

129'/a Feb

21

97% Jan

117% Feb

Smelt

& Cable

60

21

88% Jan

Feb

7

Jun

25

12% Nov
1173% Nov

37% Feb

7

27 y4

Jan

109 ya Feb 24

95 y4

42% Aug

Feb

166% July

17
183

16% Feb

10

64% July 28

123% Aug
23

Feb

186

Feb

14% Dec
19
Sep

20

33

...

12

Aug
33% Feb

Sep
45% Sep

Apr
73% Jan
191
Apr
80% Feb
172
Apr
10%
43

Sep

34

May 17
May 19
May 20

38 %

Oct

No par
com—1

25
50
:_No par

No par

Clayton

Anderson-Prichard

&

Co

Oil

Corp

Mining

A

2,900

Archer-Daniels-Midland

Co

Inc

July

22% Jun
133% Aug

24

common—No par

&

Jun

17% July
Apr

34%

16% Feb

25% Deo

-No par

preferred

Copper

11

39% Feb 24

163

27% Nov

100

P W Products

133% Deo

7

29% Jan

Anchor Hock Glass Corp com—12.50

Andes

Jun'

28% July 24

com—No par

prior preference

Anderson,

43%

Oct

Jun

-100

$5 prior conv preferred
Anaconda Copper Mining—

$4

Jun

23%

21

25

preferred

Anaconda Wire

25 y4

6

-—100
j.

Zinc Lead

106%

8

25

common

Preferred

Amer

45% Mar

Nov

12% Nov

32% July 17
147

* per share

Oct

98

15

15% Feb

21%

Feb

i-100

B—

Jan

May

Highest

$ per share

Jan

40

—

Jun
Jun

119

37

116

&

Sep

158

—,—100

Wks

16%
18%
44%

No par

Tobacco

1st

Jan

Nov

18% Mar
118
May

No par

preferred

Wtr

12% Jan
€3

18%

Apr 18
25% May 19
23% Jun 10

American Viscose Corp common—14

5%

27

144

.

class

May
88% Jan

172

Sumatra Tobacco—No par

preferred

118

May 14
May 19

Foundries—No par

American Tel & Tel Co—

6%

Jun

48% May 19

preferred

1,100

-

.

$ per share

33

Sugar Refg common—100

Common

129y« May
44% Apr

Year 1946

$ per share

159

Preferred

American

Oct

111

Highest

25

Co

July
,

28% Aug
14% Jan

Sep

31% Deo
8% Sep
89% Jan
9% Sep
11% Mar
22% Nov

12% Jan 31

12

—100

Steel

American

300

17%

„/.4»A
<

43

108%

*50

„

*42%

12,700
7,330

108%

-

36%

10

10% Jan 24
106% Mar 7

90

common

—

Snuff

non-cum

American

200

6%

*66

61%

*50%

27-

*34 Vi Jan

May 16

110% Jun

Jun

4

300

59

•109%

55

24

$6

43%

34%

5

Seating Co
No par
Ship Building Co
No par
& Refg common—No par

Stores

101%

35

52%

Jan- 16-

Oct

17% Nov
5% Oct
18

22% Feb

40

92

—100
;

Smelt

Preferred

76

11% Feb
23% Jun

BO
Sep
37% Sep5% Oct
44% Oct

8% July

227/8 July 30
6

>

42% Apr

39% Feb

101%

*87%

preferred

Stove

2,700

15%

100

com——10

Safety Razor

Jun

'

Sep

13%

,

25% Feb

Sep 16
July 29

15'A May 20

330

49%

34%

42%

5%

100

34

Am

200

119

Mill

Feb

34% Apr
32% Jan

41% Nov

8

Amer

4,800

*100%

conv

American

72%

35%

110%

4%%

American

No par

—

American

600

700

155

No par

com

—

Rolling

American

72

72

34%

41%

American

American

7,400
3,500

35%

52

49

Jan

Range for Previous

.-No par

100

157% 157%

*117%

Preferred

40%

108

7

Lowest

——No par

Light

72% M

132% Mar
160

Range Since January 1

Co—,——.1 :

Co

&

300
"

56

34%

♦109%

1

preferred

6%

134%

55%

72'A

44%

67

42

153%

101%

6%

July 28'.
Jan
6ii

6% Feb

5% May 19

100

$5

1,200

24

42

73

43%

•64

*23

155

*100%

44%

•89

70

157%

156

44 y9
•100

13

STOCK

Amer Rad & St San'y com

150

24%

23^2

*55%

72%

155

119%

16%

16

*100%

72%

48

3% May 19

1

No par
preferred—————No par

700

29V4

24%

44

News

Power

Oct

17% Oct
20'/a Sep
97% Dec

101% Feb

$6

148

*28%

25%

*130

159 Va

990

34%

23Va

72

73%

*146

American
Amer

17y« Feb
106% Jan
210% Mar

•

48% July 28
117

81

100

Molasses

Oct

Nov

Mar 12

37

common—_1

Machine & Metals

Jan

64% Apr
Sep

*137

104% Sep

115% Jan

—100

preferred—

American

30

May

21% Nov

4

Feb

American

-

6,300

166

29%

*42

55%

72

148

165%
*34

29V4

135%

55!A

34%

*24%

- •

43

156%
51

29

Sep. 9
112% Sep 26
25% May 19

88% Jun

96%

7

24

89% Sep 11
14% May 19

American Metals Co Ltd com_No par
6%
preferred—
a
-——100

260

17

39

.

Amer

10

31%
103%

62%

34

26% Feb

44

EXCHANGE

1,700

15,400

38%

167

102

74% Deo
49% Jun

5

6% Feb

1

preferred

NEW YORK

2,000

185

38%

•146

-

8,500

13%

13V4
*180

800

10%
109

99 Va

13%
185

200

31

10%
108%

50

10%

31

t<-

107/a
109

500
500

1,000

60%

'

19
Sep
5
xl9% Sep 12
95% Jan 22

Aug

Jun

Apr

>

42

•

17% July 28

Amer Mach & Fdy Co com—No par
3.90% cum preferred—
100

9%

62%

34%

56

63%

19%

Nov

Dec

1

20% July 15

3,200

28%

28%

38%
167

15

Par

98%

*9

29%

61%
*34

10
6

July

62% May

Oct

8

28% Feb
110
Feb

6

Shares

24%

38

•164

04 Va Feb

115% Jan

21

No par

American International Corp
American Invest Co of 111

Sales for

f per share

24%

♦140

21

Sep

39% May
12% Apr
75
Apr
91% May

Jan

106

Oct

79

21

49

Oct

Nov
Nov

184

12*

36

18

6%
44

5%

8

Mar

94

May
May
20% May
105% July

96% Nov

Sep

129

STOCKS

$ per share

*98

3

15

99

Nov

39

72% Oct
12% Nov-.
36 V* Oct

5

Feb

133% Jan

17

9'

50

American. Locomotive

7%

Jun

10

Products

non-cum

the Week

9%

S

6%

200

Friday

29%

11%

113%

*112

3,500

Sept. 20

9%

109

112

600

14

21%

Sept. 26

29%

31%

10%

12

12

Thursday

Sept. 24

10%

12%

100

50

.May 19

10

common—

PRICES

Wednesday

143

102

**13%

20%

9%

10%

•98%

*13%

29%

143

102

.

-

63% May

67% Nov
25%. Oct

7
7

Jun

com

preferred

23%

12%

99

conv

1%

14

SALE

6%,

May 19

Jan

Sep
Nov

>

9

-

Mar 26

Jan

77% Jan
17% Feb'

2% Jun

Co

Hide & Leather

23%

9'/a

10 '/a

31 Va

108 %

104

HIGH

American

100

80

31

29%

64% Sep
37% Nov

11

11

9

-

;

9

11% Apr

Aug
Jun

Deo

25

99% Sep
3
Jan 23
8% Feb
3

35

16

July

26
212 %

18%
29%
31%
99%
30%
91%

105% July 28
39% Feb 10

No par

$6' preferred
American Hawaiian SS

1,700

56

8

16% Sep

No par

1,000

7%

29%

143

♦52

•

23%

9%

•140

56

100

.

7

39% Mar

61% May
113

Oct

164

7

35% Feb

"/a May 19

65%-Sep

par

_No par

7%
*100

29'/a

♦9
29 Va

7%

21

24'A

♦97%

38%

7%

preferred

$7 2nd preferred A

;

July 24

Jan

Jan

m'

Foreign Power com—No

23'/a

7%

•111

Tuesday
Sept. 23

24

99

83

♦38%

8

20%

$ per share

24%

•97%

*80%

38%

2,100

$7

91% Oct
17% Oct

17

Jan

69y« Jan
82

S

Amer &

300

85

*13%

14

AND

*54

100

•12

12%

38%

*7%

23%

7%
100

21%

-

56

23%

7%
102

•13%

CLOSED

*81%

38%

7%

56

23%

.

85

38'/a

•

2,100

92

♦81

»

3,500

3%

92

7%

^

.T

American Encaustic Tiling
1
American European Secur—No
par
American Export Lines Inc
40

600

;

17

3

93

38%

•54

EXCHANGE

3%

♦91%

7%

STOCK

3

93

82

82

•38

:

3%

93

16%

16%

I per share

3

96

*93

400

15%

"

3

3 Va

4%

♦14%

<

3
*

/.

*% '

4%

.

38

12

Mar

8%

Oct

18

July 24
Sep
3

No par

iF'

•4%
14

52% Oct

7% Feb

Cyanamid Co com
preferred series A—

3%%

2

196% Sep

American

,

29%

3% May 19

100

conv

20%

SOVi Dec
3% Oct

8

82% Sep 23
184% Mar 21

Inc_—No par

American

500

50%

5r/o

4

Feb

20%,May 19
67
July 15

100

preferred---

Cable"

12% Feb
61% May
103
Aug

;_1

;

non-cum

Nov

—25

common

Chain &

Sep

25

90

36

American Car & Fdry com—No
par
Amer

5

2

50

*125

Preferred

300

8

Apr

100

Radio Corp.;

135

51

com—No par
.

Oct

7

;_1

preferred

Nov

22% Feb

8% May 19

10

26% Feb
59% Apr

33

104

34% May 16

50

Bosch

American. Can
•

1,600

,

23%

Jan

73

Bank Note common

Amer Cable

1,500

102

23%

46

Jan

1

196

26

—50

preferred

American

2,200

189 %

44

*20%

21%

6%

Jun

Jun

41%

6

Apr
24% Sep

24% May 19
5

68%

18

104

18

No par
Chemical_No par

Agricultural

American

8,300

18'8

91

Jan

24%. Sep
8% Dec

66% Sep
48% Feb

May 20
May 17

1

00m

44%

0% Feo

30% May 19

No par

Inc

preferred
Petroleum Corp

5%%

45

Co

Feb

10

Feb

44

13

99% Feb

24%

102% Aug 11

29 y4 May 17
30
Jan 16

American Airlines common
;_1
v
3 % % cum conv preferred—_100

1,300

5%

No par

convertible

Amer

127

5

82%

23%

109

•107%

39%

Leather

Amerada

100

102

102

23%

'

39%

190%

44%

104

"

21%

108%

189

45%

6%

.

Inc

Febi
May

Oct

6% Feb

May 19

18

*60

13%

31% Jan

July 2
15% May 19

164

Dec

May

19

3

10% Feb

93

^5

91

169

Nov

30% Feb.

July 25

38% Feb
112

8

Jan

32

100

preferred—.-

Amalgam

900

.

12

♦125li

'

5%

82%

191

44%

♦11%

39%
127

4%

83

189

45

39%

'125^

♦68

12

1,100

51

21%

70

40

82%

189

44%

22

21%

127

M25J.

84

189

103%

70%

39%

5%

82%

192

22%

•11%

127

68

70%

39%

•125}J

67

*21%
'

12%

39%

127

68

6%

♦49

51

8%

8%

68

72

*50

*6%

par

No par

Alpha Portland Cement

1,800

87/a

6 %

56

100
Allis-Chalmers Mfg common__No
par
3%% cum conv preferred
100

1,100
1,800

*49%

68

5

4%

19

2% May 19
25% May 19

1

Dye

Jan

8

38% Aug 21

92

1

7

16

$ per share

61% Apr
105% Oct

July 28

27

100

——-

Co

4

loo

Inc_'_—
&

55

18% May 19

Allied Stores Corp common___No
par

-

98

10

7

lu%.Rao

Highest

$ per share

17% Sep
55
Jan

__5

Kid, Co

32%

.

Mining

110

15
Aug 27
Apr 14

104

preferred-No par

conv

Allen

32%

38

prior

3,700

185

32 %

•32

Gold

common

Allegheny Ludlum Steel Corp_No
Alleg & West Ry 6% gtd„

20

24%

184%

80

•39%

51

*95

24."

4,900

51

•1251*

•21

100

185%

$2.50

33%

8%

22%

103%

67

33

—100

4%% preferred-.—...
Allegheny Corp common
5%% preferred A

32%

6%

•

45%

♦95

184

8,400

7,000

48%

68

83%

3%

♦64

33%

x237/a

Inc

79%'

9

190%

95
24
186

Juneau

Aldens

33%

'31

•49%

'47%

5

67

33%

Alaska

3%
37

May
30% May
6
May
27% Sep

No par

&Vicksburg Ry

4

38

1

Reduction Inc—

1,800
:

6%
51

80%

11%

33%

Air

Corp—-

1,000

20%

33%

6%

51

71

3%
37%

Admiral

99

33%

97%

22%

3%
37
♦64

1

38%

♦97

20 %

97%

67%

4%

20

99

*19%

30

8%

21

10

Alabama

20'A

30

47%

4%

*20%

Co

Jun

87% Jan

6% May 21
43% Apr 19
13 % May 19

Corp —.
No par
Addressograph-Multigraph Corp—lo

12,700

♦19%

98%

•79%

29

2.50

Adams Express

105

20%

•97%

•50

28%
♦102

4%

♦97%

3%

95

37%

,

29
105

4%

90

Co

Year 1946

Lowest

$ per share

66% May 20

No par

Straus

Motors

Steel

No par

com

Range for Previous

Range Since January 1
Lowest
Highest
$ per share

Adams-Mlllis

1,200
1,200

7%

20%

37

6%

7

Acme

500

20%:

37%

6%

28%
*102

67

23%

37%
29

36%

36%

186

34%
100%

,

*99%

36%

7

20%

33%

24

*20%.
*32 '

•

-

37

7

3%

186%

4,900,

17
50

<fc

ACF-Brill

1,100
900

16%

♦36%

Abbott Laboratories
Abraham

7%
55

48%

36%

98

23%
186%

7%
55

99

♦64

34

*95

24
187

♦19%

3%

77/a
55

17%

47/a

20

67

33%

100

23%

STOCK

Par

1,400

51%

105

*97%

36%

'

76

17

*4%

99%

*64

.34%

187

,

36%

67

34%

YORK

EXCHANGE

105

51%

29

•102

4%
21

7%

*54%

7

27%

105

4%

75

*85

105

51%
36%

7

28%

•102

4%
20%
99%

-

NEW

Shares

17%
-

36%

7%

27%

28 Vi
105

4%

7%

*50

7%

28 y8

Sales for
the Week

$ per share

76%

*85

55

17

51 »/2

76%

105

♦53%

36%

♦102

(■

8

54%

•50

7%'

CLOSED

7%

54%

t per share

76%

♦85

17%

36

STOCK

76

105

51%

,

STOCKS

Friday
Sept. 26

Thursday
Sept. 25

$ per share

76%

•90

54'A

•50

PRICES

Wednesday
Sept. 24

share

76

76%

8

EXCHANGE

S per

105

54

SALE

Exchange

.

$ per share

•90

HIGH

Tuesday
Sept. 23

13

WEEKLY VOLUME OF TRUING
FOR EVERY LISTED ISSUE

YEARLY RANGE OF SALE PRICES

Saturday

(1261)'

21%

149% Jun
62

Apr

15

19

Mar

5

7

Jan

2

146% Feb

24

x45

62

Aug 20

174% Feb

4

82% Feb

5

84% Feb

5

Apr 17

163% July 23

41J/a May 17
116% Jan
9

120% Aug 12

12
May 19
xl00% Sep 18
26% Jan 16
90

May 23

68'/a Jun

5

5% May 19
May
2
30"% May 19

62

45% Jan

15

40% Sep 12
108% Sep 26
46% Jan 16

14% Apr

20

12

—5

19

61% Apr
151

10

Noon

3

40

July 17

58% Jan

3

18% Feb

8

106y8Jan

30

165

Oct
34% Deo
160
Jan

138

47%

Sep
Jan

67%

Apr

159% Nov

>00%

Jun

73

Oct

76% Oct
150

July

48% Oct

78
121

May

116%

Sep

13%

Oct

50% Feb

13

110y4 Feb
103% Feb

13

100%

87%

Feb

70%

Jun

Deo

182% Jun

Deo

108% Nov

10% Jan

6

7

Sep

18%

69% Apr

1

04

Deo

42

5

35

Oct

May
Feb
60% Jan
82% May

Mar

41

Sep

4

38

Sep

111% Mar 10

108

Deo

63% Sep
61

Jan

58% July

23

7

43% Jan
15%

Oct

Sep

15

16

Sep-

3% Jun

17
29

Jun

28% Jun

110%

20% July 24

Apr

100% May
174

15

30

99% May
•

Sep

102% Sep
29% Jan

13

Feb

May
38% July
•8y« Feb
188
Apr

Jan

29

13%

6% Feb

21

4%

89

Feb

17

NOV

26% Mar

Jan

•0

81%

Xll4% Mar
x€4% July
27% May
24% Feb
10% Feb
*1%

Dee

:r

Monday, September 29,.

'

'

Saturday
Sept. 20
$

f per share

47%

14%

14

14

*14

12%

*12%..

14%

143/4

*110

113

110

111

*111

112

130

6%

113

113

*110

113

110%

112

113

113

110

7%

2d

33%

33V4

82%

80%

8P/4,

14%

102%

102%

101%. 102

200

•81%

5,000

1023/4
14%

51

50 'A

1,100

51

52

50

51

50

26%,

28

26

*20

26%;

*26

263/4

*71%

74.

*71 %.

74

*71%

74

327a

34

323/4

*112%, 114

112%

74

*71%
33%

34

113%

113%

117

117%,

*20

20
21

21%

21%

20

21%

4%

20

29

1,200
200

800

Autocar

*21%

21%.

21

21%

800

4%

41%.

40%

40%

143,4

14%

143%

*14%,

16,200

4%

41%

14%

5

4%

53/8

>

400

14%

♦14%
17%

17%,

16%.

12%

13%

12%

19%

\

14%.

19%

18%

17%

16%

17%.

10%

16%

16%

13%,

13%.

12%

13-

12%

13

19%

■

19%

18%

191/4

13%

183/4
*13

13

13

*13-

13%

*13

13%

68

67%

*64

66

*65

60

48

48

43

48

*47

47%.

50%

50%

29

48

-

30O

49

*23%

24',%

*23%

50

♦50

51%

*50

51'%

29 Vb

..

28%

200

4V2V0'

51%

30

28 S/8

28%

,7,300

Bath

12%'

13%

12%

12%

13

13%

13 y4

13%

"3,900

21%

21 Vz-

21%

21%

21%

21%

21%

1,700

46

45%

453/4

600

102

100%

46%

48%

*105%

31%

15

12%

22%

19
:106
8

34%

31%

31%

100

33%%

19

200

50

I

15%

15

12%

1,700

Bell

Aircraft

21%

800

Bell

&

1051/4

*105

106 y2

200

301/4

30

4

%7f

Co

2,700

18%

18%

3,600

,233/4 July

of

Amer—^5

xl7% May 13

273/4 Jan

27;

15%, Oct

4%'May 19

73/8 Feb

1

39

25 Ya

1,600

Beneficial

*95

97

Cum

97

28 34

29%

28%

28%

28

28 %

28

28 y4

4,600

£7%

86

87%

86%

86%

85%

86 V*

4,500

Bethlehem Steel

140 %

140%

139%

3
139%

*139 3/a

140 ya

)

500

53%-.

56 y2

56%

:

500

54%

; 54%

55%

55

15%

15%

m%.

15%

*15

15%

15%

15%

♦29%

30 %

29%

29%

*29%

30.%

♦29 V.

301%

29 y4

293/4

200

15%

15%

15

15%

14-%

13 %

151/4

143/4.

143/4

2.300

Blaw-Knox
Bliss

29%

30

28%

29%-

54

54

54

54

15

;

*15

17%. Nov

163/s Feb

11

Oct

30%

11 Ya May 17

25%, Feb

18%. Oct

47%

9% May 19

16%. Feb

12%, Oct

30

66

29%

54

29%

29%

29

29%

3,300

54

*28%

54

54%

54%

54%

2,200

*14%

♦15%

16%,

15%.

15%

*37

38

36%

36Vs

20

18%

20

19 y8

19%

37

37

37%

37 y4

37%

99%

99%

90%

♦52%

54%

52%

27%.

28%

28

42

42 %

69

16

50

Feb

27

54 % Jan

20% Apr

15

30

'E

$2.25
Bliss

600

*13

15%

*36

37%

36

36

20ya

19%

19%

4.600

Boeing

37 3/a

1,700

Bohn

19%

15%

,

42%

96%

96%

52 %

,

*96%
*51

*37

52%

37%

*37

*51

Bon

110

961%

95

52%

96%

95

*51

52 %

10

28%:

23'

28

271/4

273/4

27

273/8

42%

42%

42

421/s

42

42%

Class

'2,300

42%.

Ami

3,700

Co

class

8'

18%

Feb

7

21%, Oct

24 Va

Jan

2

46%, Sep

73

110 % Jan

31
7
15

111

Nov

1183/4 July

2
17

104

Feb

110

11

Nov

22

203/4 Aug

19

108 V* Feb

„

104

Jun

12

Jan

50

31 Vz May 16

40

Feb

30% Jun

17% Feb

12% May 16
10%.May21

,_10

16 3% May 19

5

6
2

7

39'% Feb

7

'

j

: 51

50

*iod

51%,

50%

51 y4

51%

*100%. ioi %•

100%

100 VB

♦99%

50%.

%,

101%

*3%.

*3% % 4%
38%

35%

*34%

: 8%

8 Vz

4%

8%

90%

*83

Inc

33%

37

.

31%
27%

27%

37

37%

06%, Dec

29%, Nov

22

22

99

J?'eo

%

150

Jan

66

Feb

3

18% Jan

23

19
21
19
19
26

36
Jan
x20%,Feb
.

54% Sep

29%
*104%

*104%

I,400

90%

*83

13 %

13%

13%

3,500

317/a

32 3/4

27.%

26%

27

900

37

37

1,900

*106

108

37
108

363/4
106%

.

20

1

29%

*104%

371/4
108

17%

105

18%

18%

18.3/8

8,200

*29%

30%

*29%

30%

700

105 :!/4

160

105

lOn

*104

22 %

>

i

t

x

:■*

22%

22

22

21%

21i%

21%

21%

21%

21%

18%

19

18%.

19%,

183/s

19%

18%

19%

18%

19 »/8

122%

*122

122

122

10%
i

11%

10%

78

78

77.

34%
♦98

34%

*

11%'

10%

77

*76%

34%

*33%

100

122

*121%

11%:

*33%

*98

99%.

122
!

\

10%

79

761/4

34%

33%

100

*97

*97

122

11%

*122

75 y4

8,200

76

230

33%

*33

34

300

99

*95

99

76%

17%

17%

17%

17%

17%

1T%

*17%

17%

17%

173/2

31%

30%

31%

•30%

3iy4

30%

303/4

30%

30%

1,400

18%.

19%

18%

19%,

19<

19-

191/4

19

19.3/4

10,500

98%

98 %

98%

98%

40

♦97%

•

18%.
*973/4

*973/4

98%

90%

98%

♦97%

90%

*90

88

*87

800

95
88

preferred

-

CO'—

Forge

Niag El Corp $3.60 Pfd
Co

Watch

Bulova

*87-'

89

89'

89

*87%.

90

88

88

13%

13%

13%,

13 y8

133/a

13

133/a

II,800

Burroughs Adding

8%-

8%

8%,

7%

81/8

8

83/4

,7,700

Bush

13%

13%

7%

7%

82%
13%

82%,
14%
101

*100

3%

*17%
102

13%
8

*80%.

19

13%,

14

13%

3%
18

*102'
25

*102

25%

131%.
*100

82%

13%,
101!

*80 y2

13%
*99

81%

13.3/4

3,100

33/4

400

17%

*i7y4,

17%.

500

24%

IO21/4

24%.

103

103

24%

50

25

Term

-

900

——1— 1

preferred—100

10
—100
—5
No par

—100
No par

Co—^

Jun

14

3'

Bep

34

Nov

18

Dec

42

Oct

8

101

Sep

67

Jan

9

52

Oct

Sep

Jan
Sep
May
Jan
May

7

27% Nov

493/8 Jan

9

42%

Sep

52 % Sep

25

30

Nov

Sep

10

09

Dec

6Va Feb

3

35% Feb
'

102

Mar

83%

Apr

May

18% Aug
66% May
35

'

11

4% Sep
30 Va

Mar

73%

Jan

112

Apr
60% July

48 % May
57 3A Apr

613/4

Jun

1073/4 Aug
11% Jan

39% Feb

1

Deo

21

12

Deo
Deo

35 Va

13% Feb

34%

Jan

Jan

3

72

Jan

95

Deo

18% Feb 27

13%

Sep

20%

Feb

40% Feb

11

30%

Oct

53%

Jan

31% Feb

10

23'

Oct

42% Jun

96

"

3B%

Jan

70

May

113

Apjr

Jan

2

109% Apr

3

105

Nov

28% Feb

5

25

Oct

38%

11

36% Jan

7

31%

Sep

45 s/8 May

14,

106% Apr

30

Oct

110% Mar

63* ;

19
2
19

15
20
.7
19
14
19
2
19

103

27V2lFeb

3

19% Sep

23

14

Sep

123% May 20.

10

84
Jun 4
.12% May 19
6
May 19
"2* Jun 6
1,1/4. May 19
99' Sep 12
3 % May 17
13% May 19
947/8^^May 22
19
May 19

+
100
Mach——No par

Bldg 7%

Jackson

Byron

100
—100

—

—

Jun

58

Feb

26
May
14
May
95 V2. Jan
80
May

common—1

fiutler Bros commoh —
4%% preferred
Butte CoRper & Zino—
Byers; Co (A M)' common
Participating preferred^

101'

3%,

102

24%.

Bush

60

3%

preferred

Terminal

33%

Jan

72Ya Jait
25V4.May
99
Jan
14% May

No par '
~l
100

preferred

conv2nd

3%%

'

173%

103

24%

3% %

70

*31/4

30%,

17%

17%

103%,

*80%

13%
101

*3%.

500
*

*87

82%

*100'

101

*3%.
18

25%

*80%

82%

♦100

3%
102

♦24%

lnc-

Corp

Oct

8ep

59

102
203/4
13 Vb
120
9

pjar*

No par
^^-5

Bullard. Co

Burlington Mills
4% preferred

90

*87

No

—

Feb

18%

116

253%,Jun

No par "

——

30%

16

23% May 19
35% Sep 12
106 , Jun 23.
17%,May 19

common——15

—

89 %

89

"t !

$5

Buffalo
Buff

31

Inc

Co

preferred

$3.60

110

10%

Inc

Bucyrus-Erie Co' common—,
:_5
1%
preferred
——:——100
Budd (The) Co common—No par

13,700

124

10%

(assented)_100

Bruns-Balke-Collender

600

.

Shoe

Brown

46

Oct

37%

23'

383/4 May21
37%>May 19
97%Mar 14
SVsMay 19
32
May 20
8
Sep
8
87
May 16
13
May 19
30
May 17

.;

Bearing

Airways

Nov

26
52% Sep 23
25 ' May 19

Co-———5
—2.50
Brewing Corp of America
15
Bridgeport Brass Co
No par
Briggs Manufacturing
-Nonpar
Briggs & Stratton^
No par
Bristol-Myers Co common
2.50
33/4% preferred—v
100
Brooklyn Union Gas
^.No par
Braniff

2,400

32

Roller

Bower

90 »/2

13 %

27

29%

,29%.

400

8'%

31%

18

105

4%
35%

*8

27%

*106%

20%

*3%

35%

8'/4

32 y4

37

108

20-

29%,
105

32

4%

168

15%

25

24

Deo

"Nov

31

6.

10

23 Ya Feb

31% July
114»/4 July

53

17%-Feb

Feb

52% May

Nov

143

July 25

31

Feb

85%

27

41% July

95

--5''
100

Corp common
preferred

cum

& Maine RR

Boston

35%

*83

13%

*27%

37

*108%

108

;20%

•20

90 y2

13%

32%

28

32%
♦27 %

*106%

13%

3%%

100

112% Aug

17
*>1

34

1
15

Jan

36% May

29% Sep

May 17
9
14% May 19

Brass——1—5
A_
l«_No par

common-

58

Sep

.3?i/».Ton

14

—5

(The)—s

Ca

Oct

24%

T

28 Vz May

_2.50

—No par

Borg-Warner

11,500

8%

8%

*83

90%

13%

52

100'/a

*3%

36

8%

51%
*99%

35%

4%

♦34%

8%

*83

13%

13%

*3%

36

521/4
100%.

Borden

283A

103% Feb

14% May
25
May
12% May
18%,May
41
Apr

^_1

Jan

Apr
Jan

;Jun 27

76% May 19
136%.May 19
46 % May 20.

——100

35%
37
112

25y2 May 17
19%. Apr 19

com—No par

Apr

28% May

Oct

28% Jan

96

^^_1

Mar

30%

Dec

163£
102

21 Vs May 20

com__No par

Feb

Nov

May

23% July 16

9

173/4 Sep

Oct

15%, Nov

18 V* Jan
24 % Jan

May 17

28

15

13

106% Aug

2

Jan

103

393/4

39% Mar 31

6

"

w

Dec

197/b Feb
62

30

com—-,_33%c

B

Stores

Bond

&

May

24

Sep

Brothers—No par

Aluminum

31

17

Jun

Airplane Co^.__

May

Sep

18

19

preferred——No par

Bioomingdale

110

Jun

57

21

May 19

100

Laughlin Inc„

&

15%
38

15%
*36

Aug

Jun

18.

100

common

Jun

64 %

41%

Dec

48%. Qct

9

%, July 24"

'42

—No par

Co

W)

conv

88 Va

Sep

xl2% Sep

1*00

Co

28r

28 Vs July

'25

I

Jan

Jan

May

25 Va

55% Jan

No par
1——X,

(Del)

'

36%
-

13

Sep

May 19

:

303/4, Apr

Feb

Jan

47,
18

60

.

Decker Mfg Co—_—No par

Black

Jan

243/b Feb

Bigelow-Sanford Carp Inc—-No par
Birmingham Electric Coy_—No par

1,000

15%

38%

16

:_5

preferred!—

lr/c

142%

54%

Feb

7%. May 17

"

*140%

54%

83%

May

8<

163% May 19

_l

&

86%

Feb

Oct

41

14 3/a

13'% May 27

—2.50
160

Foods——

29%

Jan

323/4 Aug

—100
_100

Co

Best

87%

37%

Nov

13

pfd $3.25 ser-of 1946_No par

800

26%

26 y2

Nov

6 Va

8

Feb

10

Loan

Indus

Best

19%

49

May 16

'

28%

V

123/s Feb

5%.May 27

Bendix Home Apj) Ino

25

*94%

Jan
Jun

Nov

Aviation——

Bendix

30%

18%
251/s

"•

Sep

18

preferred—

18%

55

25

16% Sep

common

25%

142

30:

Apr

973/4
135

10%

Co

18

142

Nov

18

Corp—

Howell

87

*

114

10*

Belding-Heminway

800

125/«

263/4

x533/4 NOV

9

Jun

34%

29»

»

Packing

Beech-Nut

*2oy2

26 3/4

22%. Oct"

51% May
130%

18%'Feb

RR—

Beech. Creek

1,100

31%

15

*94% ~ 97

July 24-

27% Jan

22% Mar 11

Corp

Aircraft

Beech

35

31%

21%

28%

Nov

29% Jan

pfd_—

conv

25

26 3/4

Nov

53/4 May 16

Mills, Inc.
"Beck Shoe 4%% preferred

.1,500

8%

*7%
*33

cum

18

27

31

105

May

19y2 May 14>

common.

25

97

8'

22

July 28

73

121

Corp__——1"
No par

Co

24%

27

49 Ya May

94

uuly

26 Vz

18

Inc—

18%

*94%

Dec
Dec

13% May 19

Beaunit

106

106

Jun

263/4
68

39% July

22

150

30%,

27%

15

Mar 29*

7-7

—5c

Co————

18%-

97

343/4 Feb

4

No par

commoh

24%

..

83

:/V.V

Works

12%

30%

Sep

1

Ohio

Focds

123/4

30

45

No par

Works—

30

30

13

*03/4* Aug
253/4, Jun

Inc

Oil

21%
105

Feb

Apr

57

B
T)

15

107

*105 %

29 Va May

113% Apr

100

(The) common-—3
preferred——No par

123/4

22

Oct

3—

18 Ms

*27

.

_No par

($1.20 J

25%

•94%

62

1.00

common

18%

30%

23 y2 Jun

ico

Oct
Oct

8!

24%

30%
.

~59

preferred—J

Iron

101

19

jun

13'

Aug

22

*12%

107

*105%

107

•105%

*33

15

15

12%

22

73/4

8% 31%

31%

15

12%
22

12%

*105%

'

34Vt

*33

31%

*18%

106%

8

34%.

31%

147/s

14%.

8ys

8Va
*33

34%

*101

19

*183/4

108%. 105%

31%.

*45%,

46

101

18%

8%

*8

*33

101

18%

-

106%,

*103%

46

101

46%

*99

19%;

Aug

323%

2

105

Bayuk Cigars
Beatrice

36% May
30

15-

18 3/4 Feb

21% May 19

Canteen Co

Barnsdall

21%

102

40%'May 17

preferred

♦50 %

12%.

46%

100

Brothers "common————10

'Barker

29

21%

♦19-

78

10

& Aroostook common
5%
preferred
%

283/4

12%

100

Jun

2

May 28
10% May 19

Feb

preferred-.

29

21%

.

May

125

Sep
Jan

•

24%

121

26

34

50
Conv.
100
Barber Asphalt Corp' (Delaware)_10

300

24

24%

May

14

conv

•Bangor,

110

66

66

*47%
*23%

28%)

<

29 V4,

148

-

13%

♦12%

48
24

50

25%

*24%

66

,*65

Dec

Feb!

113% Sep

Baltimore ,&

5,200

183/4.

18%

125

134

30 Ya Aug

Mfg Corp

4%

4

25

15

Locomotive

'

May

15

(B

22,300

153

31% Apr

Baldwin

.6,400

16%

12%

Dec

983% Apr

Babbitt

1,000

124%

107 % Jan

•

14%

14%

4

132 Yz Feb

99

common

Co

$2.25

.

Nov

25

66

Corp.1—No par

Automatic
Avco

Oct

17

112

series

prior pfd

Conv

Dec

12

25

Nichols

Austin

7%
15%

18%

13

Sep

100'

——

Tack

20

71/8

4

13

May 19

preferred—'

$3.75

conv

20*

*14%

Jan

110% Sep

<

112%. Feb

173/a Feb

_No par

RR:

Powder common

Atlas

no

Nov

July

20 3/8 Feb

22

22

Corp

20.

81/4

-

42

5

*40%

42

*41

41

Atlas

50

*24

15%

7,%
♦14%

21%

5%

5

5 Va

5

41

03/8.
15%.

20

21

410

118

29

•24-,.

*8%

20

:

*117

19

102

preference series A__100

conv

Atlas

67 y2

67

66%

1,900

17

Jan

Preferred

23 3/a

23

118

*117

28

103

4%

May

42%

10

Refining

Atlantic

120

1,030

65

10%. May 19
14% ^pr 14

_mo

Line

non-cum

Jun

Sep

Feb

I SS Lines common _—l;

G'& W

Atl

'

172

110

lo

Coast

Oct

6

com__100

—_

Inc——

P

Atlantic

'3,600

112

103

23%.

T

139

125

Co*—

Santa Fe

&

preferred

5%

32%

32%

1031/4

66%

117:

15%

*14%-. -15%

15 %■
20 %

.

*24

8%.

8<%

8%

117

,

28

♦24

28

4-

8%
15%

117

;

67'

*66%

67

66%

-67%,

67

22%,

300

A-

74

112

112%

1023/4
23%

103%,

23%

23%

23%

23%

23%

♦112

;

26

26

*71 »/4

31

32%

33

112%,

103;

103%-. 103%

103%, 104

♦117

Investment

Sep

12
7

gep

18% May

112

Sep
Jan

14

Sep

24

183

102% Jun

__100
100

10%

6

$ per share

130% Jan

8

May 19

55

5

common

Topeka

5%

i2,400

50'4

New

Atch

1,000

14

102 3/a

103%

-14%.

51

33%

81%

141/4

102 s/8

14%.

14%

14%.

33%

81%

80%

15 3/a Mar

Highest

$ per share

$ per share

10

common—1

preferred—
preferred-.

Associates

81

33%

♦33

33%

*32%

Goods

/,

38% jUn

——————_No par

Dry

1st

14%

26%!

Corp;

Associated

114

82%

*50)

Artloom

2,900

14%

Corp

Constable

Arnold

800

13

14%

300

143/4

12%,

$3.75

*111

33%

14%-

'

210

12%143/4

12%

14%

106 Va

share

9%,Mayl9

Co. com——No par
preferred;.
No par

Year 1946

Lowest

Highest

103% Sep
140

Cork

Armstrong

600

106 Va

107

47%

14%

*14

12%.

47%

473/4

♦106 Va

106%

106 y4

107

473/4

48

No par
_100

preferred

7%

$ per

com—5

preferred:

$6 conv prior

220

*47%-

of, Illinois

Co

&

Armour

1,100

185

14%-

103

103'

»

106

*183

47%

113%

♦24

106

183

15

82%

..

105

18.3

14%

113

CLOSED

105

183

14%

114

-

jPar

17,400

13%

106 ya

12%,

114

*32%

13%

14%

105 %
183

12%

14%

133/4

14

13%

13%
185

Range for Previous

Range Since January I
Lowest

Shares

$ per share

$ per share

share

*

'

STOCK

EXCHANGE

the Week

105%.

14

14

EXCHANGE

$ per

share

per

*106%

107

♦12%.

STOCK

Sept. 26

*183

48%

48%
106%

Sopt. 35

104%

107 %

183

Sept; 24

13%

13%

13%
105%
183

Friday

YORK

NEW

Sales for

Thursday

$

STOCKS

PRICED

Wednesday

Sept. 23>

share

per

SALE

Tuesday

Sept. 22

i

HIGH

AND

LOW

Monday

120

Jan

20%, Oct

38%

Apr

Apr

25% May
130

Feb

14% Feb
i

7

9%

Oct

22%

Jun

86% Feb

18

70 Va

Oct

99

Jun

37% Aug 12

25y<

Oct

06 %

Deo

45%

Feb

108 % Mar

102% Apr
23% Feb

11,
18'

38% Feb

10'

33*

22Va Feb

17
IS

16%

Oct

953/4

Deo

111<

Mar 12

84%

Deo

97

Deo

119% May
102% Aug

Nov

104% Feb
100

18% Nov

95 % Jan

S

15%. Feb

8

13

8
Jan 22

75

9%; Feb
88

24% Feb
108% Jan

7
4

Feb

10

21% Feb

10
3

6

104
26

Jan

July

7

NoV

6%: NOV
Oct

20% NOV
105

Sep

46%

59%, May

20% July

213/4
15%
98

Oct

99

Oct

19% NOV

Mar

Jun
Jan

May

39% May
110

4%Oct
15

Jun

9%
35%

May
Jan

Feb

112% July
40

May

'

'
_.

c
LOW

Saturday

Sept. 20
t per share

Monday
Sept. 23
I per share

AND

31%

30%

54
2%

*53%.

31

54

*53%

21,4

2ya

7

STOCK
EXCHANGE

CLOSED

7%

7%

7 y8,

7%

28

28 %

27%

27%.

271/4

157/a

16

I314

122%

15%

*118

*44% ' 45 %

*44

122

153/4

124

45%,

Thursday
Sept. 25

*118
.

$ per share

31

*30%

54

53i/2

2%
7.1/4

2714
157/s
124

*44

45%

*19

I91/4

..

15%
120
*44

19%

193%

10%

11 y8

103/4

11

*73%

74%

*73%.

74 7 a

730/4

73%

*73%

*12

13

12%'

12%

Hi/4

12

*11%

*42

18%
*42

56

55

118%

.

55

55

55

19%
103/4

*54%

*117%

118'%

3314

331/4

33

33

33

43%

421/4

42%

43

43

*42

19%

17,%

19%

18

43%

For footnotes see page

23,




*41%

44

*413/4

117%

18%
44

'■

30%

*52%

54

27%,
15%
120

45%

700

50
:
1'
Cons. Copper—r5

5Yo

preferred
Callahan Zinc-Lead

3,000

Calumet & Hecla,

27

1,200

Campbell W

15%

3,800
130

Can

30

*26

15%
*1203/4
*44

71/4

453%

1914

19

19

11

10 3/4.

11

74%.

73%

73%

preferred

com——1.66%

Southern

—No par

—

Ry

700

Canadian

14,000

Canadian

21% May 19
12% May 13
116
Mar 15

No par

& C Fdy

Dry Ginger Alb

$4.25
Canada

123

423/4 July

100

CoL

Pacific

Mills

900

Capital Admin class

9V2Mayl7

25

Ry

Cannon

No par

—

1

19' ' Sep 26

Breweries Ltd——No par

200

share

24% Apr 28
53
Jan 22
'2
May 14
6% May 19

California Packing common—No par

.

4,000
7%

$ per

Par

Shares

$ per share

*117%

18%

12%
55

118%

*11%
♦543%
117

123/a

:

56

Jan

55

20

117%'.

32 %;

32%

700

4234

42

42

600

18%,

18%

18%

3,200
'

42

42

•41,3/4,.

41%

$3

400

preferred

Carolina

130

33

.

Clinch

Carolina

Power

Carpenter Steel
Carrier

Corp

Preferred

A

—

&
&

11
50
115
30%
-"40'

A common—1

Ohio Ry
Light Co

Co,—,——v

commCm
4%
series

;10
100
100
;_5.4
.10.
.50 '

•

Apr
May
Mar
May
Apr

Year 1946

January I

Lowest

Highest

Lowest

17

'

34

117%

EXCHANGE

.303%

7 >4

19%

33%

the Week

53%,.

7
27

11%

♦55

Sept. 28

Range Since

NEW YORK STOCK

2%.

11%

*117%

Friday

Sales for

3iy8

2

*187/a

%

Range for Previous

STOCKS

$ per share

31 %

2%

PRICES

Sept. 24

$ per share

31%

SALE

Wednesday

Sept. 23

♦53%
2

HIGH

Tuesday

14
26
29
20

14
12VaMayl9
3534 Mav 19

$ per

share

S per share

Highest
$ per share
47%

Apr

68

Apr

18

27%; Deo

Jan

29

53?

Oct

3%-Feb

8

3

Sep

7%

8'% Feb

7

6%

Oct

123/4

Jan

30% Feb

7

20%, Oct

40 3/a

May

17% Feb

10

Feb

10
18

113

July
May

20
13

32% Sep

x55

132

483/4 Feb
25% Feb
153/8, Feb
78

Aug 22
1

143/4 Feb

57% Feb

18

Nov

18

Nov

147

Oct

58

Jan

24

Dec

25 3/a

Deo

11%

Oct

22%

Feb

51% NOV

733/4

Apr

12%, Oct

21 % May

Oct

59% May

12%
43

50
112

Sep

Jan

9

39V+Jan
50% Feb

2

38%/ Deo

1

39

193/4 Sep

17.

128

42

Sep

17'

Feb

Sep

13% Nov

34%, Nov

137
39 3/a

61%
34

60

May
Deo

Jan
Jan

Feb

Volume 166 '

Number 4633

THE

COMMERCIAL

&

FINANCIAL CHRONICLE

(1263)

NEW
LOW

Saturday
Sept. 20

Monday
"Sept. 22

$> per sham

(

AND

i

i pjer

7

38%

$ per

38

151

38

14b %

6%

149%

54

54 V*

53%

24%

<25

noo%

106%

106 %

106%

144

145

149

54

25%

145

<

24% '.

28%

28%

i29%-

20%

20%

*19%

19%

9%

9%

8%

8%

*111%

closed

8%

113

*91

7% *

7%

'

14%.

13%

10%

12%

23%

12%

100%

100%

*4%

5%

•

8%

9%'
T-%:

5%

,5%
11%

5%

'

5%

*5%

3%

*3%.
8%

31%

■

29%
*53

!

18%

S'

*33

39%

28%

"

*108

•;• 112

24%
44%.

16'%

189

*90

29%

41%

♦110

30

*165

111%.

32%

32%

321%

108%

*107%

108%

*79%

80

*79

80

*45%

48'%

*45%

18%

39

38-

40.'A

*142%

17%

145

,.

40%

145.

T*

per
•

•

•

f

share

per

180%

*179,%

62%

*62%

62%
*1300

47

103%

-

19%

13

*25%

14

*13

14.

*12

*

14-

13
13

13

25%

25%

25%

*25%

11 %

11%

26

2ft

38%<

16y8i

*15%
*70%

72%

42%

24

3%

113

29%

•

'

291/4
30%

5%

25'A

106%

106%.

15%
47.%

48

29%.

29%

'30

lil%",

11%

: 11%

29

28%

25

;

15%
*12

4

30%

"30

15

25%

25

35%

i'

104%

*1QQ%

36

34%

108

*107

10%
49%

7%
46'

10%
49%

7'A.

6%

47

*14%
23%

51%
*14%
*48

45

15%

*14%

35%

*48

I61/4

55

24%

24%

24%

15%

10,3%

,

*104

7

-

*1041/4

105.

,

14%

For footnotes see
page 23".




;

49%

35

108%

•'

Feb

;!

35% July

;i

15

>

17

Nov

37% Jan

43

Deo

59%

Jan

;:

55

Deo

67%

Jan

u

14

Deo

25%

21?

14 r

1

29% Jan

6

21%

Deo

36%
27%

9%
88%

Deo

Mar

.

ft

'<

Jum 20

37

May 19

95

43% Jun

109

Mar

101

33

•*104%

14%'

Sep

44% May

1.

Oct

22

May

J i

108% Mar

i i

38% May

.;

32
37
144

205

Feb

Jan

108

Jan

109

Sep

113%

Jan

106

Jun

108% Mar

99%

Jan

106i)

56%

Feb

Deo

35% July 28'

57"

15% May 19

1

Sep

-105

Jan 22.

;

>,

3
i

Feb 18t

24% Feb

3

Apr
Ju f

62

May, 21

39% Mar 13

Sep

Jum 10

>

19%
24%

48% Mar

36% May

6:-

39%

Nov

60%

7ir

152^

Jan

154.

Jup 30

% Sep. 26-

Feb

•44%

Fft
Jun

165

May

T7a Sep 25
Range for Previous

STOCK

Range Since January 1

$3,50

com

5%)

Mills;- mc—
& iron;

cum

4%v

;

non-rum

33

Nmpar

1st

May, 17

18

12b

2nd' preferred—100

1

"2;50

Colhmbia

8s

Electric——Nopar

71
Sep 25
39% Apr 28
"*

$3.60

3,900

preferred

Commercial Solvents

33,600.

Commonw'th

—-No par

South

&

'

1,900

103 % Juri

—a———100

— -

11.1% Sen. 9
27% May 19
8'/a MayTft

1,000,

28 %

$ft preferred series!,—x___Nmpar
Commonwealth: Edison Co_,——25
Conde -Nast Publishing. Inc—No:par

1,200

Corigoleum-Nafrn

5%.

25%.

Consolidated

13,700

106'%

3,000

Consol

of N> Y

10

63%

Jun

10%: Oct
.15% Oct

23%

Jan

<

24%

Feb

12%

Nov

41

Jan

Sep

39

Jan

-

12% Oct

38

Jan

28

Oct

47

Jan

27%

Nov

47

Jan
Jan

8%

Sep

14

ft

32 Y*

Nov

48

7

20

Deo

14%,

I8

'24'%
104
•63 %

190-

491%;
7:'/4,46%

52,;

,

86

Mar/21

78%

Feb, 11-

36%

Oct

36%

Oct

103%

Deo

123

Nov

32% May
5% Jan
132
Feb

47 % Feb

8

115% Feb-

3

26% July

7

4

19

14

2,600/

Consolidated

Vultee

1

14%

Aircraft—,—1

41 %

*101'

102,
14

1,200

34'%.
34%
*103%. 106

7,800,
300

1

Continental

' Continental

44J/4.

15%,

45

8,100:

15'%

23

600

23%-

*51

51%.

170.

16'%49
15

*55

4,100

23%

3,900:
110

1,200:

55%

420-

23%

103

103

103;

192

191

4,500

103

3 '%

3%

■33i%

33%

104%

104%

62'%:

1

60'
230

62%

3,800'

191

5%

5%

5%

5%

3%

100

3%

33%.
104%.
14%
14%.

32%

33
,

104.'% 104%
*14'%
14%

Can

Diamond
Insurance:

Continental Motors
Continental

—No par
Fibre.
3—5-

Oil

10

:—1

oft Delaware

Continental Steel Corp;
Cooper-Bessemer Corpr com

123% Jan

29>

33% Jan

2

29% Sep

36%

Jun

14% Jan

■>

2

2

18%

Sep

40% May

2%
111

.

7

11

Feb,

7'

29Va Feb

3

108% Mar 2ft

5%

1,000

32'A May 19
99% Jun 26

Co

common...

May 27/

97,

Jun

18,

34% Sep. 26

XI05% Jun, 11;
9..

May 17

44

55% May
10% Feb

Oct

24%/ Oct

105%

36

Sep

Feb

109% Jan

15% Feb 10
54'/2 Jan.
2

17% Sep
13% Nov

23%

42%

60

17% Mar

14% Nov

33%

16%

Sep

47

Jan

17

Nov

32

Aug

30

Jan

19% Feb,

38% Feb
114'/a Feb
48

Xlll

Feb

24

25% July

Jan

Deo

Apr

May
Jan

115% Mar

35%

Sep

64%

12%

Feb

22

Sep

109%

Jan

53%

Jun

Apr

104% July 31
20% Feb

10

106.% Apr

9

101

ft

44% Feb

33% Sep
103% Nov
8%, Nov

110% July, 30
13%, Feb' 7

July

113% Mar
18%

Feb

54% Feb

3

46% Nov

63

Jan

12% Feb

8;

10

24

Jan

July 24

33%

Oct

49% May

19

Feb

1ft

15

Nov

23% Sep

23

13%/Nov
4ft% Deo

x23% May
30% Feb

—50

preferred—-——^
100
Cum. pfd 3%% ser of 1947_„100
Corn Products Refining com
,—25

3%%- preferred
Creameries of. America

13 %

20% Feb 13"

Oct

12 % Apr 14

3.1/2%

Crane

200

Sep

14% May 19

Electric Corp
1
Exchange Bank & Te Co___20
Corning; Glass Works common
5

2,700

Jan

14

Corn

Coty Inc
Coty International COrp^^

May 19

July

Jan

Nb par

CornellrDublier

Preferred

50 % Aug
Jun

59%

48

—5

:_Np par
Copperweld Steel; Co common.—_5
series

34%

111% Jan 13

"

106%vApr

May 2Q:
6% May lOSS
Apr 14

1

$3 prior preferred:

Convertible pref, 5%

May 19

12% May 15
:

100

Inc common-—20

1,000
3,100^

,
•

preferred

preferred:

500'-

lS'/a-

193

$3,75

2,600
12,400,

7%-

15

24%

Continental

49%.

49

103

k

11%

7

Nonpar

Continental Baking Co com—No,par
$5.50. preferred:,
I
Nb<par

49%.

103%. 103%
63
621%

#

,

cumulative

11%'

55'/4

24

4%

102%'

15'%

*55.

10% July 30
17

$4.50 preferred
"
No par
' Container Corp of America com__20

10

Va

com

Deo-

33

11% May 211
11
Apr 29,
40% May 19

Corp

Consolidated Natural, Gas___—;_bl5

21%

15%

15%

5%,

14%

Grocers

Consolidated Laundries Corp———5

13%

49.

*48

5%

■

Consolidated

300

290

10%

103

1,400
4,500
7,100

1,700

107

15:
■

15

Apr
36% May

50

.

.

35 Va Feb

24% May 23r
xl05% July; 1

com—No-par

$5, preferrecL.——:—,—No par

60% July
Aug

110

Oct

13

4-

21

Feb
Deo

37

31% Aug . 15

Apr 14-

Feb

69%. May

12% Nov
24% Nov

47/8 MaylO'

Coppermines Corp!__5

Edison

20% Sep. 17
16% Mar 27
17'A Feb-

42%
*99

3Qi

Inc

20ft:

Deo

23'A May 19

—i—No par
Consolidated Cigar_——j.—No par

200,1,500

2c

10 "

12% July 25

20% May 19
<2'A May: 1ft

6,80ft

■

39% Aug;
22 V3 Feb

17

cpm—Nopar

29'%;
11%
31

MayTO.

Jan.
Feb

32% Jan

Apr- ia.

3 ft.

Credit ~common__—^10

61%

11

32 Va Jan; 10.

:

30% May. 281
14% May 19

w_-Nonpar
Columbus & Southern.Qhio Elec_i.lO

46

Highest
$ per share

Oct

May 22

17% Feb, 11
16% Feb
4

Apr 19

10

Carbon -Cor— *.—Nonpar

Columbia Pictures common^.No par
' $4-.25 cum preferred: w

56

130

5

20 % Feb
..

May 20
22% Apr 10

Commercial

,

,

Gas

Columbia

«

,

8

23

Aug

$ per share

105% July 25

16% May 19
8May 14
9% May 15

.

common—100

preferred_l_100

B

,.

''

Aug'25
May 17'

>

Lowest

65% Jan
T155f

May 19

,'26

Columbia Broad Sys. Inc oh A—^2.50:
Class

189

99% Mar 13

*

No par

-—5

Southern

non-cum

May 19;

x61% Jun 10
1140
May 21

No-par
Nmpar

Corp com—No par
preferred
i_20

conv

4%

$'per share

141

No par

preferred——"
;
L

Highest

$per shnre

No par

i

Year 1946

Lowest

41%

15%.

*102%\ 103.i%

3%

Oct

27

106'/a Jan 10
78 V2 Sep
a
45% Sep, 16

43

May 16
12% JUP 27

10% Sep,.' 2<

12%

Oct

23%

Feb

55

50

Oct

60

Apr

27%

Jan

67%

Jan

12% May 17
52

Apr 14
23^8 Sep 15-

101% Apr

61% Sep, 15
185

l

5

1
._100

_1

2.

302% Apr. 17

;_io0

!_25

Oct

47

Jun; 25

Apr
Jun

25
6

27/8 Aug
8
26'A May 19
103% Apr 15
14

Sep

15

53

Mar 25

Feb,

5

20% Feb

13'

Xl2%

56

NOV

Jan

"

52

Sep

32% Feb

19

25%

Oct

105% Feb

6

101%

Deo

105% Jun

20-

61

Jan

75% Jan
195

,

7.

7

107

15

Mar

Deo
Nov

39% May
109% Aug
75%

Deo

210% Mar
14%

Apr

Oct

7%

Jan

13

31

Oct

49%

Jun

5

101

Nov

4% Jan
40% Feb

58% May

4%

8'A Jan

*185%
7%

Aug 15

Ang 14

,

H
U

Nov

4*

;

Feb

15%

Jam 28

115% Feb

1

Consumers Power Co

23'%,

55

3%-

Deo

July 24;

IO71/2 Sep 26
271/4 Jun 10.
;

;

i i

38% July
68% Apr

114

'178%

May 19

>

No par

700

15

54%

5%

30%

Sep
Nov

20% Feb I®

600

23

15%

62%

May

21'

31

14'%

*51-

15%

190

,.

53

,108

12% May 19

35%

15%.

14%

5%.

4

Sep

Feb 1©

23

112%

49%

•

48

63%

Jan
Jan

Feb 25

94

85

|

15

28

Jam 28

;

11

25% July

111

84

35%

23,1/2
.511/4

■

14%

103

;
>

62% July 17

1

111%

10%;

49%

■

1ft.

24%

Jan

Jan

Oct

36

48% Jam 3032% July,24
U% Feb 10'

Ntrpar

38%

82%

Deo

6%

42% Mac 17»

May, 20
May 19

15

:

15%

Feb 18)

7% Mar

21% May 21
37% May 19'
■

I;

34%

14

Jan;

11%July

56
July 23:
57% May 15
15% Feb 11

9

ApB

11%

43% Jan
76% Feb

Sep 17

27 V4

t

Consol RR of Cuba 6% pfd——100
Consolidated Retail Stores Inc„—1

*100%: 104%.
34%
35
105%

11

50.

14%

•

400:

11%

14

15%

105

33%

20 ;'

a

3_:

).

Colorado

1,3001

48%.

*101

15%

191%

14%

Oct

31% Sep

25

•

l~.1G0

Internal. Corp-

Golo Fuel

21%

1

41%

6%,

*104%

11%

Sep
Sep
Sep
Sep

16

108

u

i—100

1:

(The)'

Class A

Colonial

560

11%.

14%

44%

34-

!?

7

4% May 1.7

(The) neiw—1

Colgate-Palmoltve'-Peet

1,500

47,%

102%

7

33%

-

*14%.

,

14%'

41%

45

106

Jan

8

35%

35%

6%

55%.
24%

■

17%

6% Feb

12% May 15
15'A Jan 13

10-

112%

*141%

44%

5%
3%

3%
34

15'
.12

45%

191%

5%

33%

14%-

14

11

63%

193

106%

*101

34%
*107

10%

*162% 103%

;

64%

3%

14%

35%,

23%

50

OR

106%

-*112

104%-

•51%

*5%

25%

-

14%

*100%

108%

49%

"

23%

5

,.

.

41%
1023/4

14%

23%.

55

'■

104%

-.

'35%,

41%

5l%,

14.%

106

•

113

*101

51%

15'A

*191

41%

23%

15

55

63%

'

v

111%

51%

*102%

25

106%

15%

*14%

35%.
112

23%.

*104

5

21%

.

14%

10%

0

*30

21%

41%

14% July

Oct

15% Fel?(;

51% May 19
52 '/a Juh) 27

100

new—

YORK

:

400

3'%
112'%

.

I'M

31

21%.
14%,.

102%

49'A

*30

;

29%;

113%
29

21%

14

108/

11 %•

28%

14%

*101

35%

■

3.

481%

14'A

ft.50

:1

Collins & Aikmant

2,200/

107

111%

14%

102%

com_

rights

Co

Coca-Gorla

<

29,200

r

3
31/8
---112%; 113%
29% - 30%

-

12

14'A

71

:

200

100
-

36%

IO51/2

47%

102%

Coca-Cola

1,200/

11%
16'%

'

*70-

107

12%.

111%

Elee

I

Nov

53% Feb 13

Par

60

44

141%

'35%

26% Jan

7%
5%

36% May. 19

EXCHANGE

200

42

48

41'A

*100i/2

36'/a
'-

23%

25%

*12

14%,

112'A

Oct

,;

Jan

1

3C%

56% Sep.

No par

NEW

460

26'%

11%.

42

14%

41 >/4

9%

fi
-,

8% Feb

'

21%.

35%

25.1%
*25%

43%,

473/8

14%

18%

14% Feb
8:
38% Feb 7
27% Feb 21

2.50

:

Common

800:

;

;
25%

44%;

14%.

21

Oct

6% MaylO

33

No par
■'1
IB

4,200

13

23%

106i%

*15

12%.

14%

14

42

48

14%

~4%

*

Octr

2.5

t

City investing Co'commoh_
fti%% prefepredi-_4—
City Stores .a

2,700

-

"

47%

14%
21%

&

700

17 yi

*1'5'%

13%

..

14'A

Gas

300

13%

'

'

37%.

5%

106%

13%.

Oct

20'/a Jan

—

2,000(

14'/4

*12%

16

301%

5

106%

211/4

112

,

48%

Sep

:

Cluetb Peabody &
Co-corn—__Nopar
Preferred
—;
ioo-.

300

62%,

17Ja

71- I

23%

-

29-

106%

12%,

-

'

29%.

5

15 %

*12;

'

30%

5%

25%

113

29

11%:

29%

30%,

Jan

Apr
25% May
66% Jun

1

>

Clinton, Industries Inc_

2,80Q>
10
53,800

•

46%.

.

42

3%

112%

■

*i3%

26y2
11%.

107

23%".'

3

'

46

44

11%'

.

*111/4

113

25% Oct i
32

arar

12% Jap 29
9'A Jan
3

,.

Jan

114

3%

;

■,

Corp.new—

Special gtd,4%
Climax Molybdenum

700

•

; 13%.

13

-25%

lfr

45

T

,•

37

107%

',23%

3 %

112%

43

Oct

23% May 1914'A May 17

,

10

Shares

180

14^'a,

14 '

-71

-

43-

*44

107%

23%

3

•

29%.

' 3.7%,

242 %

f

44%.
107%-

23%

.

3%

113-

43

44

,

103%
28%
19%"
J97%

14

11% '

16%

71%.

107'

13*

25%

38

42

%

28%

18

*25%

'11%

71%

44%,

<

103'

f

(26%,

*37%

•.

.

19%
114%

13%

*15%

107,»/2

148

62%

29%.

-13

-

16%;

24

..

-

18'

72'A

44%

■'

180

63i/a;-

14'%

16'A

107%

Jan

25% July

Sep

4)

1

7>W gtd_i___50 1
stock_:
u.
50'.

—x

X1300

' 18.

72

■-

May

51%

Nov

10% Jap 3D

:

100

5% preferred!—
Cleve & Pitts RR Go

6,100

$ per share

46%,
*103%- 103%

« 14-%-

38 'A»

42

24

12%
17%

102% July 23;
7% Feb 3

*

Clev Graph Bronze Co

10

i

par

No par

T $4.50 preferred)-—

.

—t

—

103%,

*17%

.

21%
105

STOCKS

46%

14%

11%

•.

11%;/

50

38%

*146

X1300

14%,

13%

800

?

y' 38

,,180%

.63;%,.

'47

46%

23%

26%

11%

*178<

.

19%

13

Deo

4% May l9
2% May 21

:
.>

C C e & St Lpuis: Ry- Co com—_ 100
5%, preferred"—
^._10o
Clevr Elec Illuminating 6om__No par

5,700:

36y4

%

29.

12%

1

')

25

QHC__l

Preferred

Sales for

19% •' 19%-

*ls2<

50 '

—

the Week

29% 2 29.%,

'

26

40

$. per share

63%

103%

18

10

30% Mar 10
54% Jan
2>

3

6'% May l9

Ry Co cl A_;^

:Clarte .Equipment Co<

3—;

Friday

19%.

18;

(

Sept. 26

29 %.

' 14%

,

13

£33.

104%

70Q

Sept, 25

29 %

.

13%

25%

'

-

1

•i

*46%' "48%
17%
■'17%.

.%

:

181

i* 62 i/a

"

13%

13;

,

*103%
.

18'A

*13

stock

*179%

'40

1,000'

108%
"79 (

36%

:

Thursday

Sept. 24
$ per share

63%

Jan

PRICES

Wednesday

181

T

Feb

23

4'A May 17!;
8% May lO

C IT Financial Corpj

—

(

95

79

.

i48

19

14%-

18'A

■

189

.

/■', *107 %
-

17%

*145

,

32%

37%.

39%

.148

SALE

28 % Jan

13

(

Ci£y Ice & Fuel—

'

1,500

"40*% 41%.
107%; 107%

■;

"'

J7,%

37%.

*1300

46

■

20%

14%

closed

■

10,41A
30'A-.

*29-1/2

exchange

HIGH

*1300

47".

•

AND

11

31% Sep
14% Jan
23% Nov

20 Va Feb

t

Cincinnati Mining Machine Cot

700

^

-16%
"29%,

29%

48%

••'•

18%.-

140 %

♦145

t per share

.

180

145

•

80-

*45%

: 37%

40"

Tuesday
Sept. 23

Sept. 22

share
...

:

*3.7

30%
88

•
.

4,900

;

Louis"

Cotton

Cincinnati

___•

32%

*79
-

18
'

102% July
23% Jan

2

27

3% Apr 14
6% May, 19

$3> convertible' preferred—No par
Pr pfd ($2,501 cum: dtv____NO
par
Chicago Yelloyb Cabx.
:
-No par.

Chryslei-

800

-

*165

*10734. 108%
'•

48%

.

Monday

Sept. 20
t

••'

;•

41%'

32 'A,

-

LOW

Saturday'

•

*45%

110

Sep

6

110% Jan

?

—No par

Chickrasha

4,500

;

-44

*96

*109%, 111

r 8ff'

*79

38

40.

*-

.110
"

18%

38.

..

41

29%,
95

41

.

'

8%

21% Jap

41% J up 10
95
Jun 12

,

Jun,
Deo

89

14% Feb Iff

4

Jan

comiwSD

Chile Copper Co—1__

26,700

26'%

16%-

189; -•/'
;

*90

31%
31%
*■107% ,108 '

-

48%

-17%

••

*165

41%.

110

32%

*107%

•41%

110%

35(4 Mar

10% May 10

.—11

3

JChilds Co

.

—1

>10%

V16%

29?8
'

-

400

"23%

101%
*83

...

::

1,500

.

3oya

10%

"

41%.

4

23

;

Series A preferred vtc__

200

i

c

110

23%
43%

86

16%

95

.

:

Jan

17%. Apr
13% Jan

Sep,

14"% Aug 29

103% Jun

40

1„_\_

29

Oct

8%

96 % Apr 13
12% Jan 31

Sep
9
11% May 19,
20% May 19
19% May 21

No par

—

Cliio; Milw St ;Pawl <5& P '.vtc—No

1,390
j

58%.

*107,
.

30%

.

8

-35

25%

I

•

"

111%

111'/*

:i89

*90

-

41%

-

1

10%-

23% •'29 %

95

'• 5.,

57%.

23.%
44%

43%.

16%,

.

cq_3

July

2

3

Jan

Sep
Sep

23

20

2

9'% Sen 25

100

Jun

20

12% Aug 21

Chicago & Northwest com___No par /
5% preferred!—^
—J
100\
Chicago Pneumat Tpol com^_No par

100

-13;

*33

'

189

*50

I.IO;

*83

16%

RR

Greal^ West RR Co

Class

1,200

*17%- -17%
•

w

26%

.

'

86

(

531/a

*12,

59%

26%

""

41

•

*53'%

23%
*30

16%

*163

-

100

41%

41

30

57%

*82%

.

preferred

Jan

161%
38%

19

14 % Jap

29 %

par '

109%

Oct
Jan

10% Jan
116
Feb.

10

Jan.

Sep

138,

14

21% Feb
22% Feb

6

81% May
23% Sep

22%

4% May 19

^.1.25

preferred^.

Chic Ind &

4,900
2,500;

'Sr.

*29% ; 30%
*9% •: 10%

9%
86

16%

29%

*165

29%

9

*82%

1'6%

29%

,

29%

9%.

ill

8f East

5 %

2,900>

18%

13

*107..

; 44

90

No par

Mfg—

Chicago Corp (The)—:

6,300

■

31%,

18

"

: 9;

'f 18%.

'55%

35

24

.

8%
;• 30%

30

*1.7%

.110

44

July 17

Nov

104%

28
32% Feb 24

7% May 19
8% AUg, 15

No par

convertible

Chicago

—-

*54%

5%

23%

COi

Claes A_—_i

60b

30%,

*33

17%

59

Chic

9,400>
4,600
600-

;

3%

53.%'

*12%

( 35"
■

Ift

112% Sep

1

preferred

3% %

1,600

5i%
-1'

■'

"

■'

13

•

1,300
—1

5%,

.'.53%,

53.%

'

*107

24

44

86

:.5j%

26% ; 26%

24

30%

29%,
53%. :

'

26%,

44%

9%

53

(

108 % Jan
166
Apr

18% Jun

Chesapeake Corp of Virginia——
5
Chesapeake <te Ohio fly commona_25

9,500

ll'/a

*3 %-

-

41%

58

24

30%

40 %i

"*5

.

'

•

',, * 5 »%-

19.^

17%
..

*5-

9 %.

31%

29%.

--53%

18%, Nov

Feb'

•

153

7*

'

5%.'

18%

,

>

8%7%.

*10%

.

3%
.

3074

*33

44%

*82%

8%.

59%

26

112

5%

; 4i%.

*12

5%

:

;

$4.50

Products^.

Checker Cab

200

5%. '

7%-

./

•

..

.i

10%.

*

35

57%

26%

*108

J

*5

35

58%

98%-

8%

i8%

*23%

18

45%

*4.%,

31%

/

*52

13

17

1,600

30

*98-

'•

7%,

.

*3%.

'

,

14o

13%

-44%.,

5%.

-

10%.

31*8

18% ;

*12

5%

*33

30%
40

53%

Champion Paper & Fib com—No

'

18%
29%

800

107'/a

13%

5%

.

7%-"
*5.

9%

.

41 %

54%

»

7%

10%
5%

8%

53%

Chain. Bfelt

Jan

54%

64

Junt 11
19% May 19

No par

300

Jun

a

20

L

:

Jan

55

183

2

No par

Copper—.

23%

8%,

.

8%

5%

V

*3% V

31%

*4%.

9%.

*5%

,

9

*52%
.

12%

IB¬

*

: 5.

3%

29%

53%,

'
■

.10% ;

18%

12'%

■

'•
•

39%

'

55%

53'

5%

7%

5%

1

30%

19'

41%
30..'

*4%

9ft

Pasco

8,200

•
■

de

10%

Nov
Nov

31%

26% Sep

_-_100

17

*29

45%.

;

Certain-tecd

100

Highest
$ per share

Oct

L7%Mayl9t*
104 7/a Jun 18'

20

28

106
-.

'30

99;'

Cerro

23

'14

x4.4%,

99%

;

*8%

5%

c

9%

18%

45%

.

99
•

10%

8%
31

44%

1,300

16%

107;

3u

900

10%

*27

23 'A

13%

14

30

6%

40% Aug IS

100 " xl39

:

tCentral RR of New Jersey
Sugar' Co^rNew capital1 stock
Century Ribbon Mills^

*91/4

17%-

*106

30

•

8

5
10%

'

30

20

-23%

-

13%

*29

9
.

*3%

41%

12%

6%

27%

107 Vi

*I3%:

9%

30

■

7%

11%

-

23%. '• 23%-

*106%

,

5%

*8%

7%

-

:

_J—

8,

158 Va Jap

No par

common—

7% Feb

S per share

May 23
49% May 19,

Central 111 Lt 4%% preferred100
Cent. NY Pr Corp pfd 3.40% ser_100

,

200

,

preferred

Corp

13

138

No par

preferred—

Jan

291/2 May 19

.__„__-__lQ0

Central ,Aguirre Association—No par
Central Foundry Co
:
1
Central Hudson G & E: Corp;—No.par

100

7i%

6

Lowest

$ per share

Central .Violeta

13%

»%

28

l'OO

*4%

5%

10

91

2nd

Ceiofcex

"1,400

*7%

1%

'

1,800

8%

"

*90

8

13%

10%

3

45%

99%
?

ya

*7%

17-

.

29%

44%

..

9%

113%

8%

*111%

30-

12%

*28

45%

8%

8%

113%.

%'»-

30%-

23%.
10S

9

8%
*112

16%

27

106

29

45%

.

8%

*27'%

17%

27

13

*27%

3,600

'

16%

107%

18%.

8%

14

30%

107

X18%

19%.

9-

*9%

30%

27%

19%

19%

*13%

*9%
30

23%-

300

8%

10%.

23%

3,200

'

13%'

30 %

*27.

150

28%

20%

91..'.

*9%

17%

146%

28%

Corp
25

Year 1946

Lowest

$ per share

Celanese Corp of Amer coin„No par
■ $4.75' 1st preferred-^.^___—No
par

!

300

*20%

'

30
17

*144

General

Caterpillar Tractor-i

14,100

(

107

29%

*7%'

'

.

145

'113%.

*30

24%

*106%

20 %

.«

*112

90%

70

'

106%.
146

&

(J I) Cor common
Preferred

3,100

28%

8% '•

•

113

90%

7%

7%
14

9

•

113

92

9

•

24%

'

20%

19%*

i' 9%

1

Carriers

Range for Previous

Range Since January I
Highest

',
par

Case,

'53%

20%

*20%'

19%:

149

53'

STOCK

'

3,800

29"

•28% 1

20%.

19%

37%

*14 3L

YORK

EXCHANGE

300

37%

25:

106%
• •»

6%

53%

24%

-

145-

28%

stock

25

144%

*'6%

150

53t

NEW

Shares

38%

150

54%

$ per share

6%

37

'140

53%'

*20>A

exchange

the Week

6%

*106 % ' 106%

•

RECORD

Sales for

Sept. 26

$ per share

37%

'

9

Friday

Sept. 25

6%

37%'

24%
144

Thursday

$. per share

6%

15

STOCKS

-

Sept. 24

*

STOCK

PRICES

Wednesday

share

6%

38 %,

151

SALE

^Sept. 23

share

*6%

HIGH

Tuesday

YORK

110% Aug

f

24 %

2 4 Ya

t*•»49,a/4

$

share

42%
5i 1/4

,

v?V.4£f.

3lVa

24%

23%

.

24

24

243/4

243/4

700

Cream

of Wheat Corp

41%

42 >A

41%

41 y2

800

Crown

Cork

51

300

$2

41%

*49%

31%
106 Va

50 Va

49 ya

49 ya

31 %

30 ya

31

30%

*50

*50

51

30%

30 3/4

30 3/8

30%

2,500

s

23% Sep

.

25

$4.20 preferred:.-———

740

No par
No par

102

106 ya"

104%

105%

105

105

104

105

*115ya

118

116%

II61/2

*115

118

115

115

90

27%

27%

27%

28%

27

27%

26 3A

27

2,000

79%

*79

79ya

79

79

78%

31

31

31

311/2

31

31%

303A

32Q

Cuba

32

78%
30 3A

5%

*78%

500

81
17

16%

16%

16%

16%

16

16%

15%

15%

2,700

16%

16%

100

*98.

exchange
.<>■•••
1

*17

*98%

-

iOVa

16%

10

•

-

■

'

■

'5%

5%

100

10

9,200
200

61

*60

61

10

137 y2

*133

137 >/a

*60

62

*60

5%

17%

5%

5%

5%

5%

8,700

17%

5%

5%

135%

*130

55

93/4

ioy8

*133

137%

*133

18%

17%

18%

16

1

5%

•

93/4

10%

10

200

17

*51

18

52%

61%

61

62%

*61?

-jv

*17

*51

138

138

138

*134

V"

17%
55

173A

173/4

*17%

173/4

1,100

135 y2

27

27 Ya

26 Ya

27

26'/a

26%

25

25

24%

25%

25

95

96

94'%

94%

95

*26 3/4

27 y2

27

27

1,300

25

24%

25%

9S

25%

2,400

95

*94%

96%

*94%

17%

*i6y2

21

*203A

;

preferred.:——

,

Inc——'—<,

13%

13%

12%

12%

.•34%

34%

34%

13'A

12%

12%

34%

39

34%

*34

41

40%

7%

7%

7%

preferredpreferred-

$7

common;

—!

CUrtiss-Wright
Class A

:

Sons Inc 7%

pfd

Cutler-Hammer Inc

23%

23%

23%

*62%

65%

*62%

39%

38 3/s

39

35%

34%

34%

700

39%

40%

39%

39%

1,100

Delaware

7%

7%

7%

7%

6,600

Delaware Lack

10%

11%

11

11%

3,000

Escrow

ctfs for com

8,000

Escrow

ctfs

6,000

373A

373/4

23%

23%

23%

233A

*62%

67%

67%

*62%

*24%

245/8

600

*16%

17%

200

De

24

24

*233/4

24

38

37

37%

37%

700

44%

44%

44%

*43%

45

800

*18 3A

19

600

17

24

23%

24

38

23%

39

*38

43%

*43

43%

37

*19%
:

19%

19%

19%

19%

19 Va

18%

19

15%

15%

15%

"15%

15%

15%

15

15%

38

38%

38%

39

52%

52%

53%

*26

Dome

35%

36

20%

2OV4

20%

20%

20%

20%

58%

59%

59%

59 Ya

*58%

59%

58

583/4

37%

38

37%

38

37%

363A.

37%

37

x20

112

112

112

112

112

112

111%

112

103

103%

102%

103

102%

102%

1023A

103%

800

9,500
700

112

102%

102%

2,900

17%

18

173/4

58 3A

37%

583A
36%
*111

17 5/a

2,400
200

18

18

17%

18 Ya

17%

17%

94'A

94%

*94'/a

95%

*94 ya

95 y4

*94ya

95%

*94 %

95%

*12%

13%

*12%

13%

*12%

13%

*123A

13%

*12%

13%

34

34

33

189%

188

190

34
188

106%

"

106

106 Ya

106%

111

in.

111%

112

14%

15

14%

14%:

1043/4

105

112%

112%

60

*14%

14%

2,000

14%

*106

*110%

*i4%

14%

"1113/4

128

15

700

58% Jun

43% July 28
20

31% Deo
33% Oct

42 y4 July

0

25 %

10% Feb

1

60% Jan
16 Ya Jan

Sep
6% Oct

14% Mar 24
39% July 28
27 % Mar 25

,

Oct

60

13% July

.

Apr
Feb

28

Oct

23

13

Jan

60

4

77

7

19
3
19
14
15

22

47

2

50

2

18% Jan

2

14% NOV

30

40% Sep

18

28% NOV

62

24% Sep

25

19%

Deo

Jan

2

15%

Oct

24

Aug

S

23%

Sep

39% May

Jan

17

34%

Oct

60%

Apr

Jan

25

42

Aug

13

16%

Sep
Oct

60

24"% Feb

31% Feb

16%

Deo

54% Apr

8

48%

Sep

Feb

10

25%

NOV

34

Jan

July

Apr
62% Jun
Mar

48

37% May

Deo

29% Feb

16%

18

Jan

76

34 Ya

X23% Sep

39% July 25
211/2 Jun

63% NOV

7

108% Mar

42% July 24
111%

14

Deo
Oct

118

Jun

103 7/a Aug 28

May 16

22% Jan

30

15%

,—100

91

Jun

3

98% Feb

19

91

Oct

33% Jan
116

Apr
41% May

10 % May 19

19

Feb

10

15

Oct

No par

25 Va Apr 15

34% Sep

24

25

Nov

com—20
No par

173
May 27
1243A Jan 13

197

July

8

161

Oct

227

Jun

129 % Aug

4

124

Deo

133

July

103% May 28
11
Spo 12

1071/4 Sep

3

115% Jun
19% Mar

9

112%

Oct

116%

3

13%

Sep

-1

Duplan Corp_

112%

105%

112%

127%

Dec

22%

45% Mar

38 % Feb

14

International-.:

Du

Pont de Nem (E I) & Co

Preferred $4.50 series—

500

Nov

50c

common

3%%, conv preferred

1,900

106

106%

128%

Industries

Dresser

2,700

127%

128

*127%

$4 preferred series A_
$3.25 2nd preferred

Dunhill

127%

"127%

128

127%

Douglas

Corp__

Dow Chemical Co new

34

187%

189%

.

Mines

188

34

34%

34%

188,%

34%

34'%

188%

190

34% Apr

17

11

II41/2 Feb

Doehler-Jarvis

5,600

36%

20%

16% NOV

111
Jun 19
102% Sep 8

2,100

20 3A

36%

•23% Feb. 11

20% Feb

26

34

36y8 July 21

No par
No par

353A

37

20

No par

.—No par
5

Co

Pepper

1

Sep

No par
common—15

353/4

26%

35%

I

A

Class

98% Nov

Nor

17

July 29

Aircraft

200

May

,i

No par

300

26%

July

45

el

Ltd

53

26%

145

May

19
19
22
25 Va Apr
7
283A May 19
16'A May 14
45% May 27
36Va.Sep
8

53

Dr.

2

2
No par

Ltd-.

common

27

39

52%
*26

25

Co—

Car

Corp-Seagrams

800

37

36%

Distill

Dixie Cup Co

39

27%

*27

-

12,600

No par

common

Motor

T

Aug

17

-12.50

partic preferred—

6%

Diamond

*38

52%
26%

27 Ya

15%

14%

Match

Diamond

Oct

101% July 24

8
May 17

10% May
17% Jan
May
20% May
35% Apr
43% Jan
18
Jan
11% May
25
May
49
May

1

Raynolds class A

Devoe &

23

Aug

59

-5

53%

*37%

39%

52%

38
52%

2,600

34Y4 Feb

16% Nov

23% July 14
35%;jan> 0

63A May 19

—1

Co

Vilbiss

12 Ya

Oct

31% May
36% July

.

101%

213/4 July 25

20

Detroit Steel Corp

17%

24%

17

Sep 17
Sep 26

253A May 19

—100

—

Detroit-Michigan Stove Co

24%

13 Ya

*24%

17%

39%

2,200

13%

24%

12%

24%

30

5% May 19

_100

pfd——

Edison——

Detroit

Oct

West RR

& Rio Grande

for

5%

91% Deo

1

13

34
Sep 22
32% May 19

50

Apr
Feb

76%

18

31

Detroit Hillsdale & S W RR Co__100

13

13

& Western

13

12%

17%

44%

67%

Hudson

Jan

26

146%. Feb

25% Deo

23

26

33

—No par
——-20
100

—

&

*16%

12%

24%

18
24

Preferred

Sep

128

Apr

10% Feb

123A Sep 25
11% Sep 26

50c

—1

35

12%

44%

1,800
5,300

Deep Rock Oil Corp_
Deere & Co common

Jan

17%

Feb

,

50c \

Decca

39%

24%

39'A

3,900
2,900

40%

12%

23 %

Dayton Rubber Co_
:1'-—
Records Inc__i—_

13%
12

60
'

20

993/4 Sep

123A

>

Oct

Mar

132

Sep
Noy

10

26 3A Sep

—100

11%

106
Mar
24% July
82% May

103

Sep

96 % Jun

series B

12%

Oct

-

45.!.!

:

6% Feb

; 16% Jan 16

7

Jan

28%; Jan

16% Nov

7

Feb

143A May 20

—100

Preferred 3.75%

13%

.95

20 y4 Feb

T

46%
165

18

Mar 12

12% Feb

18

54%

.

210

39%

*62%

.

993/4

233/a

173/4 Sep

Apr
Feb

150

115% July

Jan

160

7

19% Aug 26
91
Apr 25

99

Denver

67

..v:
1

series A,

33/4%

pfd

.

Feb

—100

36%

Jan

101

18% May 17

series A

36%

Oct

2

4% May 20
12% May 21

129

_100

common

35

24%

*17%

Cum

*

.

Preferred 3.75%

23%

Oct

17 %

0

21% Jan

70

Dayton Pwr & Light common-

35

22

34% Jan
165

6

230

X23%

Deo

Jun

56'

1,700

39

Deo

88 %

18

2,600

35%

35

35

34

Dana Corp new

34%

7%

29

139

—No par

12 3A

11

110

29

Jan
Jan

16

_1

—

34%

10%

10

8

13

06

40% Apr
110% Feb

Sep
Sep

113 Ve Jan

No par
No par
,_1

.

Prior

35

7%

7%

-•

9%

10

10

103

19% Feb

34%

*40%

Oct

66

38%

>

35

*39%

25

10 Ya May.14

No par

com-

i2ya

•

Feb

8

37% Feb

24

Jun

21

-

54%

39% May 17
6% May 19

fThe)

Co

35

38%
34

40%

993A

*99

Deo

,5

Pub

Curtis

34%

33%

39%

39

t

15% Sep

30%

99

Jan

47

128

7

90

Davega Stores Corp N Y
5
Davison Chemical Corp (The)—_1

30%

993/4

*99

99%

13%

12%

99%

•

13%

12%

30%

*99

-

90

Jan

•99 ya

*30

30%
100

J

99%

.13%

203A

21V*
•

30

*99

100

•99%

100%

*99%

5

99%

100

*21

30%

30%

30 Va

30%

*16%

17%

*16

21

20%

21%

21%
>100

17%

*16%

17%

*16%

.

17 ya

62

106% Feb 24

30

May20
13% May 19

100

D
96'/a

Oct

Cunningham Drug Stores Inc_—2.50

Cuneo Press

J"-

'

Jan

32

33% Jan

2

22

165

—100

,

Cudahy Packing CO com new——10
4Vs>%

35%

8

Jan

43% Feb

105% May 19
22% May 19
78 y4 Sep 15

—100

;«

preferred

Cushman's

135 ya

*130

-135%

*130

135 i/a

*130

*130

preferred

7"/o

-

17

*17
*50

10%

4,900

.

100

*98

100

52%

52%

16 3/s

16 Ya

16%

*98 3A

18

55 Va

1

-•

16%

16%
100

*98

100

*17

17%

.

*52%

*

165

16%

16%

,16%

.

:

•

165

165

165

180

>*165

:

of Amer com__No par

RR 6% preferred
—100
Cuban-American Sugar common—10

60

180

*165

180

*165

preferred

$4 2nd

Crucible. Steel

Jun

share

Sep

Apr 29

5

.

$ per

28

52 % Mar 27

10

Jun

$ per share

$ per share
30

313/4 May 19

No par

*105%

!»'*•<>

a" ?,

2
No par

com

preferred-..—

^\>105Ya
'*
115.V2 lie
*'
'
2*?%
28

16%

closed

(The)

com

Crown Zellerbach Corp

*31

stock

Seal

&

Highest

Lowest

Highest

.

$ per share

47

*79%

'

Par

..

42

42%

Lowest

■

•

Range Since January 1

>

..

EXCHANGE

Shares

$ per share

STOCK

NEW YORK

Sales for
the Week

24 ya

*23%

41%
"<

.

$ per share

share

$ per

share

per

Sept. 25

Sept. 24

Sept. 23

per

$

Range for Previous
Year 1946

STOCKS

Friday
Sept. 28

Thursday

Wednesday

Tuesday

Sept. 23

Sept. 30
$ per share

HIGH

AND

LOW
Monday

Saturday

RECORD

STOCK

YORK

NEW
PRICES

SALE

Monday, September 29, T947

CHRONICLE

& FINANCIAL

COMMERCIAL

THE

(1264)

Preferred $3.50 series
No par
1st pfd——100
Cigar Corp
5

Duquesne l ight 5%
DWG

14% May 20

58% May

Feb

21

May

E
LOW

Saturday

Sept. 20
t

per

*-•

,

share

Wednesday
Sept. 24

$ per

$ per

share

Sept. 25

.523%

23%

*23%

233A

19
193/4

is '/a

18%

i8

18%

18 3/4

19

18%

W?. 19%

.;,4

■

23

23%;,:23%

>18%

44%

43%

-,»v

t

„43Ya
191

193

*191

49%

51%
20%

*50%
20 y8

20%
*101

102%

102

17%

17

17%

*106%

108%

*5%

54%

13

38

13%
*36%

*191

50

*49%

Ya 1

20'/a

20 y4

*101

103

17

17%

*105

107%
5%

*53/a

54'/a

53%
123A

13'A

*37'/a

38

2%

18%

2%

2%

23/8

18%

2%

EXCHANGE
CLOSED

53

13%

38

STOCK

5%

5%

54%

*106

•42%

433A
191

18%

19 Va

18%

165%

166

167

154

155%

'

*53%

*152%

43%
193

50
20 Ya
103

17

107%'
51%
54

135/a
38

23/s

*165%

166

*152

156

53%

53%

54

*16%

16%

163A

16%

55%

56

16%

58%

58%

56

59

13%

13%

13

13%

13%

13%

183/4

49%

*191

'

*493/8

49 s/8

20

*20

20
102

17

*100

'

17

17

*105%

*105

107%

5%

53/8

5%

53'A

53%

38

*2%

Eagle-Plcher Co.;——
Eastern Airlines Inc_—,J.

2,800

Eastern Stainless

44'A

10,100
20

193

50%

500

20>A

1,000

102

1,400

2,400
200

23/a
18 'A

23/s

1,600

18%

32,200

166

164

166

152

152

56%

13%

54%

54%

MOO

17

16%

16%

300

56%

56%

13%

13%

Electric Mfg

600

Radio

16%

14 y«

14'/a

*13%

14

*133A

14

13%

13%

33%

32%

32%

*32

323/4

32%

32%

"104%

107%

104

104%

*103%

105%

130

3%
9%

33/a

-3%

33/a

3%

2,800

51%

513/4

*104%

108

*106

3%

3%

16'/a

3%

107

■3%

9%

9%

51%

50%

51

71

9'A
51
*65

67

67

9%

*64

9%
69

*,

'•) fc.

■

93/a

50%

*50 5/a

52

1,000

66%

*63

66

10

8 3/4

4,900

5%
Erie

preferred series A
Pittsburgh RR Co

&

500

Eureka

600

8%

Evans Products

Williams

100

50
Corp——-——5

13% Sep 26

May 7
2% Jan 2

102

8% May 14

47 /a May 19
67
Sep 23
7% May 17

13%

14

xl3%

44

44 3A

*44

11%

11%

*11%

12

300

Exchange Buffet Corp—

503A

50 3/4

3A

*50 y+

51

900

Fairbanks Morse & Co——No par

44

29%

29

*28%

29

1,000

25%"Jan 16

13%

13%

13%

13%

14

46%

45%

45%

44

44%

12

*11%

11%

11%

11%

50

9

21%

21

13%

2,200

Eversharp

Inc

44%

1,500

Ex-Cell-O

—5

Co

Corp

w

1
3
2.50

May 19

18

.'12/2HayH
32 Va May 19
7
May 13

Sep

16%

Nov

31 Ye May

30 Ya

Jan

61

Jun

190

Nov

209

Aug

Feb

39

Oct

23%

Dec

11

25% Feb

juft May

71

Feb

40% May
112

101

Oct

111% Feb

17%
106%

NOV

87/a Feb

6Ya

Nov

lb%

Jan

13

50%

Oct

80%

Feb

12%

Deo

353/4

Apr

10

34%

Oct

48% Jan

3% Jan 14
19% Feb
8

3Ya
13%

Dec

Feb

27% Feb

65% Feb
16% Feb
39% Jan

Oct

Aug

277/a

Deo

Feb

114

7Ya

Jan

Oct

29 Ya May

138

Sep

180 Ya May

24

128

Sep

167

55% July 14

40

Oct

66 Ye

Sep

61% Jun

171

July 24

156 Va Feb

Jan 3
16% Sep 11

21

45 Va

v'-'iV
*

9%

9%
50%
*63%

4% preferred
100
tEquitable Office Bldg-i.——No par
Erie RR common
—No par

57

109

47

27% May 17

iy

3
30

196% Feb 27

19

463A May 20
9% May 19
13
May 19

Jan

Highest
$ per share

487/a July 23

20
26

9%

12

•

*87/a
*20%

500

1,100

51

8

20%

*20y4

9%

'

Co-—

& Phonograph

$ per share

25% Aug 18
241/4 Apr

29

*8%

9%

21%

21

9%

/

Paso

333A May
2
Sep
11 'A May
152
May
137
May

20%

9'/a

21%
13%,

*9

3%

3
-4
5
Empire District Electric Co
10
Endicott Johnson Corp common—25
Natural Gas-

Emerson

x33%

;—15

Elgin National Watch Co
Emerson

14%

No par

Battery

Electric Storage
El

33%

16%

No par
No par

2,200

14%

com—No par

preferred
$6 preferred

2,000

*33%

No par

$7

13%

*16

16%

Electric Power & Light

56%

16

16

17

*16

common

Convertible preferred

800

54

54

*16%

Boat

-5
3

(The)—

Elec & Mus Ind Amer snares-.

1,300

155

*152

Elastic Stop Nut Co
Electric

135/a

5

100
1

preferred

Electric Auto-Lite

37%

100

;

Ekco Products Co common—

1,300

13 5/a

100
4

Inc common—1

preferred

4%%

53

*37%

2%

preferred

Bros Stores

Edison

4%%
300

common

Eaton Manufacturing Co

107%
53/8

Co

cumulative

6%

20

17

Kodak

Eastman

19% Jan .16
17'A May 19
18
May 19
42% May 17
182% Jun
6
423A May 17
19
May 17
101
July 31
15% Aug 29
107
Aug 28
43A May 19
50% May 17
10% May 19

i^l
--—5
10

Steel Corp

Year 1946
Lowest

$ per share

ipershare

U0

1,700
3,900

14

18 3A

Par

n

18

38

*135/8

17

53

*

.

183/4

*

43%

43%

*100

18%

165%

17%

,19%

193

165%

53%

54

43%
*191

19

155

16%

-

Shares

.•/' 23%

18 y4
.,

EXCHANGE

Range Since January 1
Highest"
Lowest

NEW YORK STOCK

$ per share

$ per share

share

Sales for
the Week

Friday
Sept. 28

Thursday

-

19,;,
19%

.it'%.

„
■

Range for Previous

STOCKS

PRICES

' -jr? 23$ 23%

* "

fc

SALE

Sept. 23

$ per share

,

HIGH

Tuesday

Monday
Sept. 23

*

AND

July
Jun

24% Mar 19

Sep

12

44%

15% Feo

21

11%

Nov

30Ya

21% Feb

0

17 Ya

Deo

43% Mar

,

19% Jan

8

17

Nov

21 Ya

Oct

;

38

2
104

Sep

*' Jan

;

59

:

107

Apr

Mar 24

4% May

2 Ya

Jun

5%

Jan

9%

5
3

12% Feb

111

Oct

23 Ya

Jan

67

Feb

3

48

Oct

93

Jnn

85

Mar 25

90

Oct

95

Jan

10

Oct

22Ya

Jen

;

Oct

13% Feb

8

24% Feb

7

15 Ya

25% Jan

7

21% NOV

333/a Apr
58 Ya Apr

!

46% Sep

22

34%

Oct

63 Ya

Jan

]

13 % Aug

6

Oct

11%

Jun

)

7

!

J

F
-51
29

51

*103

29 »A

7%
;

51%

29%
6%

7Ya

25%

7

-25%

.

51

29%

Ve

25%

25%

106

*36 y

>103'/a

36%

106

35%

36

'6%

6%

65/s

6%

6%

63A

3,800

Fajardo Sugar Co of Pdrto Rico—20
Farnsworth Televis'n & Rad Corp__1

25%

25%

25%

25%

253/a

25%

7,400

Federal

*29%
'

'

♦103%
♦35

-18%
.

;

19

''llVa
-25%

11%

10%

11

11

25%

24%

24%

24%

*18%

108

*106"

*21%

*106

22

"

*21%

22%

*22

19%

108
22

y

*18%

*106

21%

106

36%
18%
11

-243A
108

21%

29%

*103%
36%'

*103%

106

36%

*36

'">•

105

$6

Federal Mining &

800

Federal-Mogul

'

2,500

-

183A

183/4
10%

'18%

10%

*10%

11

23%

243/s

233A

24

*106

*21

108
-

21%

*106

is y2

700
..

108

21%

21%
23

700

22%

22%

22 3/4

22 3A

23%

23

52%

52%

52%

51%

523/4

52%

53

52%

52%

1,500

51%

50%

51%

50%

503A

50%

51

50

50%

2,500

*103Ya

104%

106

105

*104

104%

104

104

57

57 Ya

*57

'59

15%

15%

34%

35%
107%

*104

105

2,000

200

*"

-57

57

15%

35 Vb

35%

107%

107%

r

-»
1

(*33

-

35

*107
*33

35

15%

16

35

35%

*107

1073/4

*33

-35

57

*153/4
35%
*107

*33%

57%

*57

Federal

Motor Truck—1

Ferro

Enamel

4%%

preferred

575/8.

600

First

National

153/4

2,900

Firth

(The)

35%

34%

353A

107

*33%

107

6,600
630

35

Corp

Stores-

14%

No par
Flintkote Co (The) common—No par
$4 preferred
L
!
No par
Florence Stove Co

14%

For

14%

14%

14%

143/4

14%

143A

14 3A

2,700

Florida

*22 y2

24

*22%

24

26%

27%

26%

27%

263/4

27

26%

27

4,100

Follansbee

10%

10%

10%

10%

10%

10%

10%

10

10%

1,200

Food Fair

24

27%
10%

14%

27%

*22 Yo

.

footnotes see page 23.




*22 y2

24

*22%

24

-100
~No par

Carpet Co—

*

,4

1

Fidelity Phen Fire Ins N Y——10
Tire & Rubber com
25

Firestone

153/4

35

No par

Federated Dept Stores com—No par
4 %%-convertible preferred—100
Felt & Tarrant Mfg Co—
5

16

1073A

—
No par
Smelting Co
.2
Corp new~5

l

300

52%

-15%

preferred

-

37

51%

*22

Light & Traction com—15

Power

Corp—

No par

_T%

Florsheim Shoe cl&ss A——_Npjp&r

Steel" Corp

-10

May 19

4"%
20 Va
102%
.32
18%
9%
19
104
20%
20 %
463A
42%
104
51 %
14%
24
105
30

May 19
Apr 19

Mar 19
May 16
Sep 5
May 19
Apr 18
Sep 8
May 17
May 20
May 27
Jun 5
Sep 16
May 20
May 27
May 19
May 21
May 19

14% Jun 13.
May 29
14% Jan 13

..18

30

47%

NOV

88

31% Feb

1

21 Ya

Sep

36% Feb

9% Feb

7

7%

Deo

19%

Jan

25% Sep

22

20

Sep

26%

Jan

29
42% Mar 7

100

Ya Sep

112Ya

Feb

60

108

Jan

Jan

35,

Oct

May

54% Feb

23% July 14
10 Ya

Oct

28% July 23

21

Nov

107% Jun '12

104

Sep

14 % Feb '

26% Feb
26 Ya Jan

59 Ya Feb
61
Feb

107 y2 Aug

8

19%

4

Sep

28

49

Oct

21

51

Nov

105%

7

Dec

60 Ya July 23

52

Nov

29

16

NOV

21 Ya Jan

25%

37% Jan1

2
110 Ya Feb 25

105

0

33 Ya

17% Jan 1 6

16%

41% Jan
24

Sep 16

Jun

34 Ya Aug

Feb

13

,

;

,

Oct
Sep
Oct
Sep
Oct

34 Ya Mar

70

Feb

83%

Apr

109% Jan
70% May
28% July
46%

115

Jun

Jan

67

Apr
20% Jun

11 Ya Jan

Jun
21% Feb

12 Ya

23% May

20Ya

Aug 28

28 %

15% Feb

21%
108

10

.

Stores-Jtoct—® "~M&y 17

|

Feb

Oct

29

Volume 166

Number 4633

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1265)

V .I'lfUM

NEW
LOW

AND

HIGH

Saturday

Monday

Sept. £0

Sept. 22
# per share

SALE

Sept. £3

per share

i

Tuesday

t

PRICES

«♦

-

YORK
^

«•

-

STOCK
'

"""

At

*

RECORD

""

STOCKS

Wednesday

Thursday

Friday

Sales for

NEW YORK STOCK

Sept. 24

•

Sept. £5

Sept. £6

the Week

EXCHANGE

# per share

per share

t per share"

'$ per share

t per share

Par

'

733/4

'77

♦75 ft

76

106

*104

107%

u.24%

24'/2

•

23%

25'/a

25'/a

•

*25%

16%"

17%

39%

39%

*13

23'/a

24

26

25

v

24%
25%

25%
16%-

16%

20%

91Va

92'/a

93

93

16Va

14

•

20%

16

39 V2

39
14
21

2.200

'

2,200

1

2,200
500

Freeport

9,200

Fruehauf Trailer

92

*91 Va

92

Foster-Wheeler

590

217/a

14Va
22%

21

92

A
'

39 'A
*14

*13%

22%

♦91%

16Va

39%-

39%

14

320

24%

25%

Food Machinery Corp—:—
3%%' cum conv pid—

1,300

104%

103

24%

16%

20%

104%

"

74%

25Va

39%

20%

74

24%

39%

20 '/a

75

103

26

*25%

16%

13 Va -14

75

106

39%
*

75%

♦104

16

14

-

75%

106%

1

92

__100

-6%

prior preferred—
Francisco Sugar Co
;

Su.phur

No par

Co—^

10

140

100

4% cum preferred

/

12% Jun

.

common——1

Co

4

8

22

Jan

Sep

100 *

19%
25%
20%
46%

2

t per share

71

18

39

19.

Jan

Highest

S per share

26% Jan 16
26% Jan
6
80 % Feb 10

16

19 Va Sep
91 Va Sep

Froedtert Grain &• Malting Co Inc-1

Year 104G

Lowest

94% Jfcn
7
110
July 24
29% Feb 13

19% May 17
23% May 23.
12% May 20
36% May 19.

25

-

S per share

17'

69% May
102% Jun

.10

common—10

Corp

Range for Previous

Range Since January 1
Lowest
Highest

Shares

NoV

49% Jan

Sep
Sep
Sep

28

Feo

35%

Jan

61

Jan

16

NOV
28% Nov

103% Mar 10

>0

Apr'

27% May
48

Jun

112

Sep

July

•

9%

CLOSED

93/8

*9%

87/a

•

•"

9 Va

8%

20

;

/

19 "Va

20

*14%

15%

4

18 %

r

53/4

:•

19%

14%

14%

25%

181

11%
79%
41%

25%

25%
151

37%

39

102%
12%

48%

48%

♦127%

128

113%

111%

59

105%

106'A

17

17%

2%

14%

13%

26%

25%

4%

♦125

4'/a

28%

4%
27%

28%

110%

-

*29%

111%

30

25

*24%

25

•101%

24%

.

102%

101 %

92

♦89

28%

28%

22%

*96

'

-

r

27%

23%

22%

96%

•

.

44%

45

:

■

57%

57%

*57%

6%

6%

6%

i

123

123.

28%

44%

26%
55%

102%
,

90%

*121

54%

.

•

44%
•
.

106

21%

3%

*3%

3%

6%

6%

6%

35
20

27

34%
19%

27 %

'tr-'i
a* •

V

v

104%

11%

11%

33

15%

40

40%

-

23%

>

1*62

64 3A

15%

10
28'A
6%

67

15%

*127%

116

57%

58

126%

57%

2%

57%

20,600

126

126%

103%

104Vb

16

17

17

3

13%

16

16%

2%

4%

4%

*125

4%

Precision

Gen

Public Service

Gen

Public

200

Gen

4%

4%

28

27%

29%

29%

110%

110%

111%

:

28%

•27%

23

45%

6%

6%

54%
45%

44V2

6%

35%

*34%

19%

19 Va

1,700
:

1,200 "

.

26%

*

104

26%.
104

11%

11

33%

*31

15%

*6

19%

*107/a

15%'

16%
39%" "
22%

155

155%

*62

*154%

64j/4

32%
16

•

•

156

64%

32%

15Va

*

I per share

6%

Ry

pfd

—

Green (H L) Co Inc
Greenfield Tap

Greyhound

*88

12

45%

15

*88

90

15%

New

'

12

'

6,700

47%

900

67 %

66%

67%

8,900

15%
1

^

W'

.; i

15
f

m

t

'

*

a

15%

Feb

—

Aug 20

-

r

—

104% Jun

30

.

Feb

'

t

r

preferred

47

Jun

132

Feb

6

Mar

123% Apr

7

i

106

109

106

Oct

#6%

Deo

88

May

6% Nov
;

110

Jan,

8'A

Jan

1513A

Nov

v

Apr

May
Jan

Nov

473/4 May

4

*

59% Not
Sep

107

Mar

80% NOV

i

77

Apr

88%

100%
108%

113%

Sep

Apr

Jan

Jan

10

10% Nov

43

8% Feb

2

8

5% Oet
5% Oct
30% Mar

181

Jan

12%

Jan

8% Mar 27
-

41

Jan

2

.

20% Sep, 3
83

ofi'iu.web

;

18

21-'
25

Nov

101

Nov

40% Jun
112

Feb

10

12%

Dee

13% Dec

ra'.l

33%

Deo

35

16% Sep 25
49 7» J?UD

Feb

6

Sep

26

'

21% Mar

21

40%

84

Jun

34 3A

Jan

188%

Apr

a

Oct

22% NOV
158
Oct
55

Oct

35% Aug 22

16

.

Dec

13% Deo

;

J

27% liar 8 /
163% Jan 27
70

Feb

84% May
27% Feb

Oct

28

8

Mar

14% Feb

12%

10

Jan

107

May 10
May 2 Mar 28 '
Apr

11

21

Aug

24

25

Jun

108

27

July 23

61% Feb

May 19
Jan

Feb 18

71% Feb

5
9

Sep

42% Apr

Oct

;

33

104%

Oet

Jan

03

7

,,

Jun,

118

36%

2

17

0

Feb

60

100

Sep

.

Apr

111

Oct
32% Nov

.

58
■.

July
49% May

463A

22% Jan
102% Deo

6

49% Jan

13/

Jun

July 29

100% Jun

10% July 11
27

6

105% Feb

May 27
4% May 14

28% Sep
8% Jan

17

78

-No par

Feb

79

Feb

30%

Dec

—}

20% Deo

May 17

Oct

111

Deo

52%

Apr

8%

Oct

13%

Jan

July 16
14% Feb
3 *

80

Nov

108

9%

Sep

July 22

31%

Oct

78%

74

Aug

5

66% Sep

16 Va Sep

12

15

No par

Jan

30%

49

ff7% Anr

25

Apr

23%

93

6% May 19

102%

18
10

31% May 21

No par

Aug

14

6

Jan

Jan

78

May

* P

'>

*

■

.

*

'

Jan

•6

7

Jan

103

May 14

9

No par

-

preferred

»

Feb
Jun

102% Sep

106% Jan 20

15% Sep

Aircraft Corp—

Gulf States Utilities Co
?•

113/4
26%

106
"

6

32

Apr

Oct
Oct

28•

Mar 31

142% May 22
59
May 12

100

Gulf Oil Corp—

'6,800

180

90 %

.4%
"

Apr 18
40% Feb 11

32

22% Jun

——1

new

Jan

May

48

(The)—

Corp

conv

$5

i

u

Feb

98

Sep

34 % May

preferred

Grumman
$5

11%
46

15

«

106

May 27

13>
'

Die Corp—No par

&

__a

4%%

•.

12
46

67%

66 %

15%

90

11%46

-

27

31

Gulf Mobile & OhiC RR—__No pair

90

26

28% Aug 20
Jd% Jan 23

8

9
«

100

700

ll7/a

Feb

6% Feb

7%

23 aA May

24% NOV
137
Oct

22

102

-No par

6%

AND

HIGH

SALE

$ per

PRICES

'

share

Sept. 25

f per

35%
15%

*15

*15%

..

' 15%

*98'A

108'A

24%

101

*108

25

*150

33

*7%

-*89%

*150

155

32%

7%

7%'

7%

*89 %

92

--

7%

6%

6%

6%

U6

26%

100

l/v

26

25

•104%, 106
y

,

53%

148%

.*18%
\

51%
.131%

105%

53%

55

148%

*146

;.

19%

34%

35%

128 Va

128%

♦21%

11%

35%

128%

22%

*26
25
.

11%

11% '
29

29

26

25

.

12%

29%

-

-

17%

18%

*16

.

18%

44%

44%

17%

48%

*18

:

-rr




.

r"

'

11%.

17%

30

27 Va

,

*16

v::

17

48%

48%
—

45
■'

•

17%

16%

*16
18

*48

16%

"

:49 :
l-.iU

--

~

rL"T
.

i

37%

:■■■■■:

>

23

113/4

;

-

3.65%

20

Glass.Co—-

Co

J)

5o

W)

preferred—:

$4

77

J

"■■■-..

preferred—

■

4%
25 Ve

25

22

99 % Sep

35

25

conuNo par

19% Feb

Sep

25

4

15

Oct

17%

Oct

Feb

4

39 % Jan

6

jJan

8

8

Nov

20%

Apr

8% Feb

11

35% Jan

8

30% Jan

2

19
16

21

103% Apr 14

26

42% Feb

■

13

108 : ? July 14

19
•

"•08

Jan

29

' Jan 22
22% Feb •. 8

165

5

:

Feb

134

:

Mar 21

Sep

19

38

Sep

17

134

Sep

5
4

20

Sep

'

5

29% Jan

26

Jun

11

32

Feb

22% Apr

17

29

Jan

29

31% Jan

2

The———.1
(Del)—-.-.i

-

'

"$2.25
1

■

...

•

preferredr

.>

.

,

.

—
■

.

:
-

•

'

J

'

21% May 20

—5;

Hollander & Sons, (A)J-—.
5
Holly-Sugar Corp——:_C
No par
Homestake Jtfining-1,—
i___l.12.50
Houdaille-Hershey' com^—:i-No par
-50

Oct

5% Nov
29 % Oct
28% Nov
101

Nov

41% Deo
103.

Deo

01

Oct

169%, Dee
17% Nov

Jan

15% Jan
36

Dec

51
May
1093A Mar
44

105 %

Dec

Dec

90

Jan

192

Aug

"38%

Jan

72%

130

Jan

139

Apr
Apr

123

Nov

146%

Jan

22

Oct

46%

Sep

17
May 19
35V4 Jan 23

13%

May 19,

46% Apr

15

26.

Nov

21% Sep
.22% Oct

39% May
*43

41%

37%

18

Deo

Jan

23

22

Jun

13

34%

Sep
Sep

19 % July 17
-

May
Apr
J»x

40

25
48

14V4 May 28
--

>

8

25

119% Jun

Hires

E)

60 Va May

Feb

12

19

3
10

(C

Aug

16%
106%

13 Va July

Co

Nov

Apr

343A May

170

Sep

10% Jun 23

Holland-Furnace

33

,

Jan

Apr

99,

Hotels Corp—5
Hinde & Dauch Paper Co—10

*

20% Sep

151% Nov

109%

Aug

3

63

34

105% Jan

24

26%
119

7

9

>

conv

Oct

10% Feb

131% Jan 1G

,

103

40% May

100% Apr

Aug 22
14% May 17
50 V4 Sep

,

Highest
S per share

NOV

22

,

20

147
■-

38

Jan

19

3

U

108'A Sep 12
25% Aug
5
160
>Jan 27

17

19

1 per share

112

May 16

527/a July

-100
No par

——100
new

105

100

Hilton

1,700
200

8

preferred;—-—'__No par
Hewitt-Robing' Ino——————5

l,800r
-

Motors—*—:—

Hershey Chocolate

10o

,—..

V,

6'A

88'A

common—-——25

common——

non-cum

5%

1,000
-

28 y4

July
May
May
Aug
May
May
May
May

Jan

Lowest

19

May 27
Apr 15

19'/a Apr
155

100

preferred,—

cum

(G

7%

-100

j

104

common———j——15

preferred—

(H

'

1,300

49

:

Heinz

Helme

4,200
"• 200

,

45 ."

■"

Co

3%%

*100

16%. ••16%.
*48.

Hecht

2,600

r

127V2 "

98

Marx——10

Hercules

-

24%

^9% M6%:.

&

39

143A May 27

100

Hercules Powder common_^i_No par

27%

.45.^

*48

V

..

133%

30

v

30

"200

*.16%: 17%
,v173/4; 18 ■;.

,

18

Jun

2,700

-

*24,

-

17%

-

52

*26

25

Hazel-Atlas

160

19
,

600

40o

148%'

14

com._No par

Refrac

Schaffner

900

,

*28%

271/2

[Ki'J
.

11%

,

it
A

11%

45%..

.

■

;;

"

243A

18%

.45

127%
*22

-*28% . 30
-*26

24%

"18%

.

23

11%

39
55

—5

Hayes Industries Inc.—_———1
Hayes Mfg Corp——
2

20

105%

*18%,

128

-

24%'

18%

127
*22

23

*28%'

25

*146

18

■51%
52
./•>'?
52
*131% 133%
*131%
37%
38
37%

37

*26

26%

16%
—j

For footnotes see page 23.

4

39

*54%

16

No par

com

preferred-——-,

300

-

-

99%

:*105

•

148%\

.

26'A
25

99%

55%;

*146

129%

11%,

44 %v ,.45'% .'}.-.

17%

48%

%

35%

,.j

39%
105%,

55

51%

*21%

22'A

39

105%

18%

,

50%

129%

"

25

v.

39%

*131%-133%

;

35'A

-

.

•

*26
*24 %

148%

*127%

•

23

26%
25

100

55%

*18

52%

27

*29

*16

18%..

51%

*131%. 133%i;

2,300

25

Apr

Corp of Amer class A———1,
4%% • preferred
—-100 1

1,300

6%

Co

33

Hat

;

7%

•99

105%

400
*

7%

25

*146

t '

*26

7%
91

$ per share

25

preferred———-—100
(M A) Co $4.25 pfd__No par

Harbison-Walk

—6%
400
Hart,

6%

-

100

55%

>148%

*i8

52

132%.

26%

.

'

Watch

Highest

$ per share

conv

Hanna

2,800

33

*7%

6%.

105%

55

*32V2

7%

6%

*38 Va"

105%

-

7/2

*99

39%'

<

h7--

7%

lo

24%'.

(W F)

4%

—_

-

155

*88

.

6%

*24 Va

100

*39

24%

92

6%

.♦26

25

*99

39%

-*

Printing Co

Hamilton

108

*150

7 Va

26

*24%

100

*39

99%

Hall

200

101

7%

92

200

15%

*98

32%

7%

*89'/a

7%

.,*24%

iM,

**7%
"

-

7%

Water

*107

155.

*32

Hackensack

Year 1946

Lowest

Par

200

.

Range Since January t

EXCHANGE

15'A

15 %

24%

150

32%

'

Range for Previous

STOCK

NEW YORK

Shares

35%

*15

108

24%

155

32%

15Va

•

,92

,7%

6%

.

247/a

*35

15%
101

108

Bales for
the Week

tper share

35%
-

95

108%

♦150

..

,

*15

101

24%

.

33

15

15%

.

*108

24 %

35%

15%

15%

Friday
Sept. 26

.

t per share

35%

♦96'

108%

24%

155

*32

STOCK

share

*34%

15%

15'A.

STOCKS

Thursday

Sept. 24

*34%

101,

'

•

Wednesday

15%

*108

i'.-jV

Northern

6'%

45 Va

Oct

•

12% May 19
253A May 28

+

——100
-1
Guantanamo Sugar common—
.1

♦88

Oct

140

17

19

6

pfd—No par

conv

2,800

66

1

'U '!

cum

27%

12%

2%
14%

17

81

-

.100

27%

35%

15%

*

L_

preferred

27%

45

19

3

5-

' 330

6

Feb

4% Feb

16% Jan
31% Feb

105%, Sep 24
13% May 13

.

_-.No par

15,400

90

May
Sep
May
May
May
Apr
Sep

41 % Jun

1

9%

Tuesday
Sept. 23

**98

h

Co__

"Preferred—
Green Bay' & Western RR—

500

6

Jan

22

par

102%
27%

*34%

1

:

r—:---10

9%

*15

i

—

102%

15

Sept. ££

I per share

'

Inc

9%
103'/a

68

LOW

■

Telegraph Co:__M00.

9%

66

Monday

Sept. £0

CLOSED

1

*102%

6%

40%

26

Feb

>•'

f

Saturday

EXCHANGE

Co_-_:_i—:

9%
27

Apr

Sep 25
May 19
51% May 6
5% May 21

—50

103 Va

6%

Dec

29

19% Jan

96
34

No par

9%
27

103

17% May 19

preferred——No par

Union

$2.25

Gt

1,700

.

t

'

com—

>102%

j

.

"-5

Great Western Sugar com—,_No par

50

,

32

xl5%

132

101% Dee
If
Nov
21% Nov

16

Jan

102

—No par

Gt Nothern Iron Ore Prop—-No par

3,000

*62

15%

124% NOV

Sep

108

*102

.' !

«' 3,700

64%

15%

Mar 25

107 Va

23% May 19

Grayson-Robinson Stores com—1

*

5,800

•

'

32%

32%

•

129

2

13

92

Feb

l
<

101% Jun

par

3%%

100

-

23

*154%

156

*62

32%
■16

*22%

100

Granite City SteelNo par
Grant ,(W T) Co__———a—-5

400
>

IB
>16%
39Va v' 39%

'

21 Va

Jan

80%

Oct

par

cOnv

Oct

Nov

par

-240

11'A

39%

47%

24% Oct

Grand

2,800
,

33 Va

22%

22%

11

32

Gotham Hosiery^
—No
Graham-Paige MotOfs_:——
Granby Consol M S & P__

*•' 2,000

19%

*32

22%

123

68% Feb

3

101

200

26%

33% "

39 %: "'40 ■-

84% Aug
135% Jan

Sep

6

:

20o

>

*104%

•11%
-

Jun
Deo

114

Feb

-

.con^ii—No

$5

900

6%

26%

42

126

*122

1

preferred———':__No

$5

18,100

35%

104'%

54% July 11
131 % Feb 28

6

2

49

500

Peb

3

29

Goodrich CoMB F)

: 400

4

*34%

26yz

*11%

:

20%

r

104Va

4,900

105%

19%

26>/a

104»A

-

*31

15%

105%

-

16% Mar

30

Goodyear Tire & Rub com—No

;

66%

36% Jan

preferred--

Stock

&

Feb

Oct

Aug 21

124% Jan

common—

Goodall-Sanford

M,80o 1

102 Va

3%

Gold

82

19

•

Apr
Apr

Deo

293/4
19
19% Apr 14
101% Sep 17

100

<The)

Co

conv

40 3A

182

101%

20

com—No par

Razor com:—No par

Goeoel Brewing

40

.

44V2

-

26

47% Aug

Oct

33%
39%

-

*20%

6%

4V2%

<

:

44V4

35%

GlWden

500

r

3%

—

Brothers

Jun

28% Apr
16% Apr
907/a Aug

Oct

pfd—No par

preferred-—,

conv

103

May 19

18%

$4.50 preferred-;.——^-No par

3,500

54%

102

-

4% *
-

19%

.

$5

,

Q

10c

preferred

Gimbei

300

.>

29

53%

21

3%
*6

♦34%

i"

*28

45'A

21

3%

*6

34%.,

58
.

.

33A%

GiHette Safety

1

48% Jan

27%

Apr
Apr

200

Nov

186

Apr

14%

Deo

Corp

Corp

preferred

7,500

-

.

43%

57%

*105%" 106%

21
'*

3%

•

{

3

19

1

$S

Instr

4 % %

.

.

*6%<
6%
*121 :.:'122%

•

122'/a

54'%" 34%102 Va 102 Va

105%

21

3%

;

,

22%
96 Va

,

45%
'

28 V2 ' 283/4
'

103

45%

21%

102

22 Va

*96

Cast

Time

4,300

,

39% Feb

No par

preferred——
100
Gen Tire & Ruboer Co com——-5

___

28

*99

6%

*121

105%

.

27%

!

7

Dec

71%

8% Sep
74% Dee
*35% Sen

8

126

4%%

200

•

♦102%

>

"

45'/a
58%

*58

27% •-28%

■

28%
102
23

123

.53%

45%

92

Feb
Jan

163/4 Sep 26

Corp

General Telephone
Gen

-5,700

-

102

*89

96

*6% I

25%

*101

96

58%

-

25%■

92

22 Va

45%

31

102

23

121%

55%

26%

28

44%

63/4

10

*99

*57%

58%

101%

96%

♦96
'

101%

101%

102

23

„

96 Va

45%

103V2

31

Steel

Gen

200

*89

28 %

«

;

25%

25%

..

92

*101

1,300

*24%

33

2% May 16
12% May 19

^5

Utilities

&

9

160

—„_10c

Refractories-

General Shoe

-120

1

24%

*101%

101 y2

*89

1

31

Realty

General

1,300

30%

25

101%

lllVa

Gen

800

24%

•

103%

25

103

110%

31

25%

♦101%
.

4,800

28

29%

*170
13

11

8

106

Sep
10% Sep

1

10

Corp.—No par
Corp—

Signal com—,No par
preferred
100

6%

27%

Equip

Utilities

18% Jan
14% Feb

21% July

Deo

48

83% July 16
47% Feb 13

13% May 20

Railway

'

128

29%

31

No par

common-—No par

Gen

28

*24%

Outdoor-Adv

Gen

2,800

series

July

Sep

51% Jain
125% May
*101% Jan

—No par

$3.75

104 "

17

Jun

110

10

com

16

43
May 19
126% Mar 14

—100

preferred—i.

2,000

29%

*110

103%
25%

Preferred

Corp

185

Dee

13% Deo

9

13% Feb

May 19
Apr 28

11

—100

9,700

28

30%

$5

900

29%

"

Motors

General

Jain

68% Jan $1

37% Sep 26
1013/4 July 30

No par

common—

preferred

conv

15% July 28
109

Apr

May
67% May
24
May
141% May

Jan

•

1

preferred—

1,300

,

2%

*25%

128

Mills

Corp

17

Nov

37

No par

Jan

Deo

7%
38
18

24

Nopai"

com

29%

78

150% Sep 18
32
May 19

No par

Corp

27

13%

50

Co

14

2%

14Va
27

8

Jan

Sep

4

5

11% Jun
71

100

—

Instrument

2,500

17

13%*125

'

16%

17

*25%

128

4%

16
,

2%

14
27

♦125

6%

11%

15%

5%

57%

5

——100

preferred-

3%%

105

*25%

4%
27 %

General

100

100

126%

*2%

14

25%

2,000

$3.50

127

104Va

17

Electric

General Foods

4,10o

115

126

16

General

General

126%

16

preferred—

700

105%

-105

19,900

46 %•

127
*111 %

58%

4%
77o

-

12Va

46

128

*111%

45

68

46

128

116

27%

*88

12

45%

*127%

*111%

preferred.;
conv
2nd preferred

26

17

3

17

Mar

21

2

Mar 12

168'

par

Corp__—

1st

200

12%

—--No

18% May
11% Jan

Oet

43% Feb

May 17

9%

*6%

45 %

••

10

General Cigar Co Inc com,—No par

70

4

4%

102%

*102

5

103%

26%
:

46

15%

♦102%

93

11%

12%

46

33%

9%

10 j •%

45 %

102%

*12%

•64%-.'

33%

*88

38

102Va

12%

23

*62

1'5%

■6 %

37%

102 %

156%;,

33%

9%

38%

102%
*12%

140

*155

15%

27%

38

15%

22%
.

33%

♦102%

38%

11%:-

39%

V

.23%

1,200

-

600

38%

,

34

15%

156%

.

•

'

35%

Apr

General Cable Corp conu—-No par

760

26

48

7

18% Sep
24% Nov

20% Sep
X120% Sep

10% May 19
105

5

10% Sep

19% Feb 28
9% Feb
8

May 21

100

17

93/8 July 23
21

26% Aug
4
14% May 21
85

com—1

Investors

Baking—

General Bronze

700

151

3

4% July 22

j——hc—;

preferred

$8

5,600

40%

151

35%

27

;:rju .*11%
?32

.156%

.

26%

33

15%

104

*25%

36Va

19%

*103,''

,

,

40 Va

25%
151

$4.50 preferred

80

-

35%

6%

;

104%
•> •

21%

"...

.
•

40 «/a

25%
151

*17% Feb

1

com

General

11%

36%

106

21%

35

40 Va

25%
151

Inc

General Amer Transportation

-

79

35%

*102%. 103

,

45%
107

19%

25%
151

29

53%

102%

45%

•106

26

Industries

Wood

2,800

12%

11 Va
*78

2

12% May 24
143/4 May 17

(The),———No par

1,500

181 Va

*11%

11%
79

123

28

•

11%
79

92

*101%

.

11%
79
41

101%

*89

103

•101'/a

12 Vb

*78%

-25%

♦101%

•

181%

12

X41

110%

30%

25'A
103 %

181%

*178

79%"

30

110%

30%

*24%
•101%

10 Va-

Co

General American

___

10

12%

11%

2,600
1

Jan

4%% conv preferred
50
Gaylord Container common—1.66%
5%%
conv
preferred
50

5,100
150

56 %

41%

128

1

30

11%

300

4

109

55'A

181%

*12%

17%

13%

29%

12%

16

17

128

♦178

126%

26%
♦125

10

105%

16

2%

10%

58%

105%

•

16V4

10%

'

17% Feb

18 Va Jun

AO

Gar

14%

*105

1
1

com—

Gardner-Denver Co

20%

9% Sep
9
8«A May 17
12

No par

(Robert)

preferred—

2,900

126

14%

-

6%

2,500

55 Va
10 l/a

127%

57%

♦16

10%

14%

Galr Co Inc
Gamewell

28%

20

;

(The)-common

5%-

28%
*120'A

109

111%

*126

.

14%
55

Co

1,000

5Va-'

20%

Gabriel

19 V2

19%

124

*105

48

127%

♦111%

14%
55

600

300"

-14% MS

28Va

20%

109

19%

5%

*118

54%

6,800

19%

12%

47%

127%

14%
*105

s

8%

102%

12%

2%

14%

39

*102%

12%

20'/a
120

9Va

8%

-19%

28%'

54%

36%

38%

*102%

127

197/a

9Va

"

.

15%"'

5%

29%

120

152

36%

39%

58%

19%

181

12%

152

♦28

109

79

36%

28%
117

41%

*151

19

5%

10%

i.

11%

11%

15'A

18%

14%

12%

79

15%

5%

54%

181

♦40%

-

15%

.

18%

*105

10%

12%

20

5%

19%

55%

*178

*19%

20

18%

117

109

10%

9

♦193/4

14%

28%

193/4

55

9'A ' "

8%

18%

•

116%

•105

9'A

8%

5%

29%

116%

9%

87/a

197/a

14%

18%

*28 Va

*

*9%

"

5%

u

9 Va
9

g

•

.

STOCK

EXCHANGE

,»19% Feb

1

Feb

21

.66

May
34% May
86

Jan

12% Oct

28%

Feb

46

52%

Apr

■

Nov

17

CHRONICLE

& FINANCIAL

COMMERCIAL

THE

Monday, September 29, 1947

MMM

YORK

NEW

Sept. 23

341/2
<■103

42%

23%
24

36 y2

9%

*7%

36.-.

V 36

35%

17%

18%
20%

22%

23%

*23%

36%

*35 y2

.

*7%.

.

4'A

4-

35%

35%

36

25%

26%

25%

.4%

35%

35%

26%

26%

-

'

■

Howard Stores Corp_—z_—1

*23

.35%

500
;

35%

*900

•

29

31% May 19

17 y8

17%

20%

1,200
13,100

35i/4

20%

21

*,

1.

..

Hunt

Hupp

dSTOCK

*57

*96%

8%

CLOSED

96%

23

*22%

243/4

"

*22%

23%

*22%

8%

■

16%

8%

121

120

176

*172

176

*172

176

*-172

36

36 3/8

"

36%'

36%

363/j

16/4

15s/8

16%

15%

15%

15%

15%

63/4

63/4

•6%

63/4

*6%

7y8

*6%

7y8

13

14%

Oct

34'/a Mar

151/4 May 23

30

2

25%

1

33% May 20

I

12%
215

2,100

1081%

*3%

3%

1,100

Intercontinental

12%

12%

12%

12%

12%

2,900

Interlake

29%

181%

182%

180 34

181 %

6%

6%

6%

63/4

6%

6 3/4

30%

28%

293/i

*84%

87%

100

4%

700

16,100

*3%

29%

86%

86%

*84

•

4

4

*4

*

51%

4934

♦104% 107 %

*104%

493/4

12%'

27%

51%

12%

12%

1U

111

lll'/B

*52

54

*52

54-

52%

54

41%

41

54

*42%

42%

42

42%

59

57

58%

36%

*35

-

41

57 VB

■57%

Int'l

300

.

11

10%

10%

103/4

10 %

10%

11%

20%

20%

x20%

20ya

19%

20%

*25%

25%

26%

26

International

58

2,600

*25%

25%

26

51,400

201%
26

25

7,100
800

-

.

' 400

,'

'

52

*50

-54

*50

54

155

*152

155

*152

155

300

52

52

-

'

*152

7%

8

23%

23

23%
97%

*96
45

1033/4

43%

433/4

'

42%

*117%

121%

i

ii73/4

26%

26%

v

26%

109 y.
*140 •

T

1091

►

■

Foreign
Interstate

*i08y4

*94

«*»~i>

95

1

80

971%

41%

600

7,200

42%
118

25

100

;

103%

25

700

l

1,300

«*140

32%
♦

f

v

95

(*150

5

260

108%
<

__

323/4

*94

31%

323%

8,400

95

32

32%

Q4.

108%

94

94

> 200

37%

3,800

36 3/8

36%

37

37%

38

37%

*15%

15%

37%'

153/4

151/4

15%

15%

153/8

151/4

105%

104%

104i%

*22 3/a

22%

*51%

53

700

16

900

24%

300

19

500

373/4

*15%

300

22%

♦115

25%

*108%. 109

*138 y4

'

33 y8
95

*94

37%

109

*108%
■

v

.

*104

22%

22

51%

52

44

52

<52 y4

52%

16%

16 %

16%

16 y8

-16 Va

16%

24y8

*23%

24%

23%

23%

19

♦19%

I91/4

18%

18%

*23%

■

:

^.18%

453/4

45%

22%

22%

52

■„

:233/4
19 :

23%
*18V2

*22

*104

105%

21%

%

16% '16%
•

*104

105%

44%

-44

.

443/s

45%

*43%

.

22'A

52%

443/4

43%
44

'

500

,

16

'24%
*18

43%

441%

44

*43%

44

22

52

44

•23%

23%

23%

233/a

23%

*108%

109%

109%

109%

109%

IO91/2

109%

IO91/2

*14%

15%

*14%

15%

*i4y2

15%

*14%

15%

77

35%

-

101%

23%

77
-

75%

,76%

*75%

36

34%

35 •%

■'34%

101%

1911/2 101%

'36%

"37%

"37%

51%

51

51

47%

47%

47%

37

373/4

51%

473/4

•

2,000
410

-

18 Va

77

77

34%

35%

33%

34%

101%

101%

1013/4

1013/4

31 Va

37%

37%

37'%

50

47%

47%

49%

Saturday

Monday

Sept. 20

53/4

5%

11 y8

-11%

11%

SALE

•

47%

2,500

48

500

2,400

Thursday \

Sept. 25

$ per share

t per share

;.5%

5%

.5%

5%

*11%

11%

*11'/a

11'%

26%
*11

26 3/4

•

11%

*

25 Va

26%

52%

53

*52%

54

*53

42

*40%

42

*40%

42

42

*24

25

*23%

243/4

*23 3/,

CLOSED

99%

*103/,

103/4

35

35

<

*99

99%

10%

,10%

35%

35%

5%

5%

35%

2434
100

35%

24%

*99

100

10%

■23/a
*20

20%

5%

2%
36

2%
*20

20%

20%

6%

*6%

5%'

'

23/8

2%
*20

36

20%

*20%

21

7

*6%

:

.

2%
20%

*53

3,000

54%

433/4

7oo

;

170

;

45 3/4

*24

800
•

24%

99

99

•

*

100

-

.50

.

IO3/4

10%

1,700

35%

35'%

3,300

53/a

51%

'23/a

*20
-

300

353/4

•5%

2V4

36

8,700

lOS/e

3534

"5%

:

11'%

43

'

L5%

12%

47%
12%

36

sy8

"3,400

2%

2%
*20

3,600

20%

20%

-6%

6%

-61/4

46%

46%

45%

453%

12

12%

12

12'/a

47%

x46 %

46%

12%

12%

12

123/a

19%

19%

19%

■19%

19%

19%

51%

51%

50%

51

51

51

6%

8 3/4

•8%

35
90 Va

188

'35

90%
188

*43

46%

*53

54

*54

25%
22%
*92

*34%
89

186%
*42

53

54%

53%

25%

2534

22%
100

22%
*92

81/2

8%

35%

34%

90

89

463/4 Apr 23

——No par

186%
44

186%
**42 V8

«3%

*52

54

533/4

26

26

22%

223/4

100

*92

J

16

Fen

-

62

July 31

39% Nov

60 Va

Aug

Deo

42 Va

Aug

Jun

26

40

7

17% Feb

11

143/4 Nov

9% May 17

17% Feb

11

14% Nov

K

Kalamazoo Stove &

3iy4

Feb

Apr

14

26 7% Feb

11

23%

Deo

50

Apr

No par

20

May 17

26 Va Aug

19

20%

Deo

34% July

53

12

39%

Deo

50

Aug

Deo

163

Jun

38% May 20

>— __1

1433/4 Jan

6% Jun

10
25

20%
•

700

,

«y*

400

1

—

Furniture'

13% Feb

37

Jun

Jan

x93

2

53

45% July 25

2

112

Jan

11

May" 17

39

Feb

101% Feb

18

Sep

108

May

383/4 Aug 18

18% Oct

34

Apr

4

22% Feb

17% Oct

30

May

26

108% Mar

18%

Oct

40%

Jun

45

Sep

67

Jun

17% Feb

15

Dec

26'/» Feb

26% Feb

8

19%

Sep

34%

Jan

20

Feb

7

30

Jan

52% Jan

2

60%

Apr

28% Feb

2

NEW YORK

15

49% Feb

13

16

27% Feb

13

21% Nov

104 »/2 May 19

1163/4 Feb

13

Feb

7

15%

Feb

29

Jun

85

Jan

0

82

Deo

100

Aug

May 19

36

Sep

22

'26% Oct

46

Jun

IO2V2 Aug

5

96

Dec

101

Sep

•39% July 11

33

Nov

43

Sep

45% May
62% May

43% Oct

65% May

-.95% July 14
34

Jan

16

45

Jun

3

59

La 'Consolid 6%

51% July 15

40% Apr 29

•

//

t

.

Lambert

Go

Bryant

£ per

"$ per share

53%

53

53%

53%

53%

54

87

185%

871/4

53

53%

53%

53%

340

.

»

-100

1,200
•

preferred——-50
-5
Lees. (James) & Sons Co com——13
3.85 % cumulative preferred—i 100
Lehigh ,Qos£l ^ Navigation Co
10

9

28

31

14% Feb

8

13%

Nov

203/4

Sep

Feb

8

52

Dec

1023/4

Apr

13,

49

Sep

Sep

May 20

56

563/4 Feb

May 15

21

.

% May 19

97% Jun

30% Feb
101

13,

X24%

25'%

2,600

22%

22%

*22

22%

600

97

*92

97

14%

13%

133/a

4,300

193/4

20

19%

19%

19%

195/8

12,800

66

65%

66

65

66

65%

65%

3,200

21%

223/4

22%

23%

22%

23%

23%

24

233/4

23H4

23%

♦23%

24%

44%

44%

43%

43%

18

24

24

43%

433/4

17%
>165
24

133/4

18 Va

166 y2

13 y8

17%
165

24

*23%

44

43%

*

For footnotes see page 23




*43%

Co—1——1—No par.
Oil'Co new-,
:
-No par
Belt

Liquid Carbonic Corp
'
31%% preferred-^

com—No par

Lockheed Aircraft Corp———,
Loew's

107
--1.

Inc _l__—-1——i—No par

Lone Star Cement

10%

Nov

17%

34 %

Sep

553/1 May

6%

Sep

171/4

3% Feb

111

253/4 Feb

17

9% Feb

19

Jan
18% Nov

fP),Co common-—

-10

preferred-l:

———1'__ 100
Louisville Gas &-Electric A
No par
Louisville

May 16

29 % Mar 15
78

May 19

10

43

11

Apr

3

Apr

3

•96 3/4 Jan

2

16

191
x48

40

Apr

.May 19

& .Nashville

1__

-50

Nov

10

33% May 27

181

Oct

213/4 Nov

35

i

,

'

Oct
28% Oct
83
Sep

183

;July 25

Dec

37% Dec

Apr

38% May

15% Apr
65%
33

Jun

May

44% May
74 Va Jan

15%

Apr

37% Jan
102
May
210% Mar
653/4

Apr

Nov-

88

Jan

'

43

Oct

66

Feb

23%

Nov

43"%

Jan

60% July 14

24% Aug 25

28% July 24

Apr

Jan

5% Jan

64

44

Aug 29

14

47

-

02% Feb .17 i

19% May 17

30% Jan

10

109% Feb

4

99 *

Dec

1'0% May 17

20

Feb

20

18%

Deo

8

27

Feb

13

25% Nov

41

Apr

Jan

94

May

Oct

35

98% Sep
19

Aug

9

5

Lorillard

700

,

21%

8

59 % Feb

463/4 May 21
■8

Feb

26

Long Bell Lumber A———No par

1,800

25

6% Oct
41% Oct

24

793/4 Feb

120

7%

Aug 18
May 17

2% Oct

,49%

,

50% Feb 10
Jan
0

12

'17

24% Sep

7,900

44

.

13/
11

12 % May 19

4,000

Jan

.

7

58% May 19

18

Apr

8% Feb

;

Corp——No par

24»/4

82

9

38 % May

Lily Tulip-Cup Corp_1—
No par
Lima; Locomotive Wocksl—-No par

May >.

441/2 Jan

5% Jun

f

Liggett & Myers Tobacco com—-25
Preferred —11
—■"
100

.

13

14% May 19

:

,

-5

>j

1% May 19

Glassy—-No par
- —r- - -

68

■

30 Va Jun 10
4% May 17

,

Libby_i———-J7

165

243/4

4
*2

Sep

12% Feb

,

Lion

26

13%

Apr

'14% Oct

11% Dec
38

.9% May 20

*

Lehigh Portland Cement———25.
Lehigh Valley :RR-z—1J--—1-.—z-50
Lehigh Valley. Coa;l com^_l"_No par.
Npn-eumulative -preferred-——50
.$3 -non-cum 1st preferred—No par
*'
50c non-cum 2nd pfdlli 1—No par

Sabers Cor p_——_ _ -

9% Jan

»% Sep

S

Feb
Jan

38

-

Link

Highest
$ per share

Jan

24

-•

800

25%
*92

shane

share

7

49'% Jun 19

Corp--——No par

1,300

185%

43%

$ per

14

10

„

4%%

34%

*40

Lowest

44

4% May ly

Lee Rtfbber & -Tire

34%

88%

l

10% July 30

4.

(The),———,No par
common-No par

34%

44

Year 1946

J: Range Since January 1
Lowest
Highest

■

»

75 Pesos Mex

pfd

34%

165%

4

Feb

Range for Previous

STOCK

Co—l

Gas Light

Laclede

34%

188

Dec

20

17

11% May 20

65% Jun
25

108%

May
303/4 Aug
108% Dec

"

Llbbey Owens Ford

44

55

.

Libby McNeill &

*86%

Sep

">

Lerner 'Stores

20

18

ll7/» Nov
41

Apr

39

par
n

3,600

19%

165%

13

32% Jan

EXCHANGE

3,800

13%

18

11

22% Jan

:—-TO

'

L

5

13% Jan

4% ser__100
Kresge (S S) Co_z————10
Kress (S H) & Co——No par
Kroger Co (The)—'--——"No par

8%

65%

166%

10

58% July 24

May 17

41% May 17

Cmnulative preferred

Life

Feb

99

3

jun

Feb

53%

20% May 17

prior preferred—:—No par

Koppers Co. Inc common—,

50 a%

66%

18

150

Nov

133-4 May 19

1

(G R) Co -common—-

195%

20%

166 3/a

Feb

Mar

31%

3

16

•

'8%

14

18%

115%

Sep

-

47% May 19

-

19%

133/4

166%

Apr

May

8

104'/2 Sep

■

(The)—
.-1
Prod Corp———5

19%

m

153

109

111

6

34% July 28

May 15

Jun

14

10

123% Feb

26

25% Jan

—100
No par
.—100
Kayser (Julius), & Co———--5
Kelsey Hayes Wheel conv class A--1'
Class B —1—
——_—1
Kennecott -Copper—No par
Keystone, Steel & Wire Co_z .No par
Kimberly-Clark Corp com—-No par
4%* conv 2nd preferred—100

Lehn & Fink

900

59% May

Nov

45 V*

2

July

140

Sep

27%

preferred
Kansas City Southern com
non-cum
pieferred^

Lehman "Corp

*

Jan

108

Dec

100-

4

104% Sep

16

May 19

<25

1,200
700

24%

Deo

8%

14

24'/a July 28
104% Feb

95i% Sep 24
39% May 20

2,000

,

>65%

'165%

141

Aug 11

City Power & Lt Co—-

■50%

13%

Sep

158

2

213% Sep

1—:_i

3.8%

Lane

Feb

31%

19

107

8%

223/4

37.

Feb

;9% May 17

100
Joliet & Chicago RR stamped—100
Jones <fc Laughlin Steel com—No par
5% preference series A
100
Joy Manufacturing Co—:—;i_i—-1

$5

Jan

40% May 19

2nd preferred series A

56%

>1853/4

49%

36

110

4%

July

70% July

Sep
Oct

52%

*

Aug 25

3Vz% preferred^
1100
JohnsCta .& Johnson common—'_12'%

19%

44

26% May
125

101% Sep

5

Deo

Aug

113

11% Nov

20

Feb

55%

.953/8 Get

18

Feb

683% Feb

.

Feb

148

Sep

38%

2

12

116

Feb

42%

Oct
Aug

133

■

Co—!

8%

99

Aug

11 a/4

44

32

No par

:

19 %

26%

101

par

Stores-—1—No

50%

186%

Jun

Deo

Apr

2

37'% Jan

^25

u

:

8%
-69

45

4% Oct

•

36

7'

47

Sep

28%

53 3% Jan

-

'*47

27

90%

107 V8 Sep

3

1033/4 Sep

-

251/4

11

54%

-24%

/

10%

24

11%

*11

*40%

■*98% 100

Jun

cumulative preferred
100
Johiis Manville Corp com_-—No par

Shares

11%

11%

30%

$ per share

'53/4

263/,

96

9
May 19
104% May 16

Dept

the Week

5%

54

STOCK

Sept. 26

11%

11

20

>No par

3%%

i

Sales for

$%

*53

EXCHANGE

*

Friday

11%

26%

Jim

STOCKS

5%

11%

Apr

15%

•

11%

26%

202

Oct

6%

2

Jersey rCerit Pwr & Lt 4% .pfd__ 100
Jewel Tea Co Inc common—-No par

'

380

,

PRICES

Wednesday
Sept. 24

$ per share

Jun

8

'■

$ per-share

26%

HIGH

Tuesday
Sept. 23

Sept. 22

$ per share

AND

31

36 7% Feb

ctfs

'"■">' ^
LOW

102

...

136% Apr

Jaeger Machine Co common—No par

150

3,200

49i%

47%

*49%

-

:

100

Feb
Jun

175% Deo

12

11

23

Feb

250

66% Not

10% Feb

Apr

20%

Jan

July 14 i

186 3% Jun

May 19

13%

Oct

195

13

*•27% Sep 23
130 % July
9
383% May 19

Telep & Teleg—No par

(F L)

Jacobs

Kirmby

153%

77

37%

47%

23%
109

-*14%

35'

50

*49%

9,600
300

77

101% "101%

'

.107%

1,900

45

23 y8

1

30

-

43%

*43%

23%

23

May

8

share

■'//
106

112

29

preferred-—

Kansas

106

95

AUg

.

53/4 Dec
10%

.•

84

'

109

32%

33%

43

118

*25%

1,600

44

44
*102

1033/4

42 y^
118

(

26

26

44

*102%

"43%
118

1173/4

26%.

97%

96%

44

43%

13

113/4 May
May

105

.

Jan

Intertype Corp__ 1—
Island Creek Coal common

$6

8

*21%

22%

96 %

-

225 Ve Feb

Feb

22%

35% Nov

:

15 % July 24

Jun

59

11

5 3/4 Feb

Shoe

International

155

7%

8

213/4

23%

104%

i

42%.

,433/4
118

*140

>1

:

323/4

:

*103

8

95%

.: -'.43%'

44%

I O33/4

.

•

95%

96%

44%

104

■

*22%

23

*95

45

*103

8

8

Feb

3 % May 17

preferred—

;
8

9

Mar 21

;7

19.

Jan

Jan

50

108

May 2
May 19

Jun

Aug

44%

Sep

7%

Jun

190

13% Sep

.

com_.No par

7%. preferred—

20%

*51

8

22% May 19

International Silver common——25

36%

201/4

*152

13

8 % Feb

100

600

12%

52

'

54

'

123/8"

155

17 % Feb

5

Jan

151%

33i/2 Sep

Jun

May

22%

168% Maf

5

*

11%

52

5%

413/8

11%

*152

18

Jan

36

Oct

116.

,

40% Feb

6

-15

16%

Sep
11% Sep
36
Sep

180'% Feb

176% Jan 21

5

373/4 Jan

23

.

19

July 29
Apr

.70

—___uNo par
Int'l Rys of Cent Amer.c'om
No par

*40%

11%

25

4

192'% Apr 29

preferred

'

11%

*19%

17

Feb

25

1

International Salt—

*36

.Feb

35% May 17,

a.—100

Co com,

Paper

$4

900

36'/2

45

May 27

7

100

International

.

133

14

•

12% May 19

class A__25

Preferred

1 210

11

11%

6% Oct

9 '% May

common.

Int'l Nickel of Canada

1,900

11

;

11%

11

10% July 17

87

July 17

33

100

533/4

*

10%
10%

14% Get

3

preferred

4%

12%

57

25*% .July 24

105

International Mining Corp

10

36,500

52%

Chem

lll'/a

•

57%

*36

;•

Mining

12%

•

Apr

16

100

1

1_

Int'l Hydro-Electric Sys

*52'/a

112

57%

36%

*35%

.36%

112

99%

>

17 1

174

common——No par

*111%

41

♦52

Jan

Sep

Jan

No par

5,600

104

104

12%

111

110% 110%

513/8

.

105 3/4

Jan

85

30 Vb Jan

107

Machine—No par

Preferred

740

1341/4

1053/4

-

No par

-

-

2,200

27%

*133 %

51

1053/4

12%

28%

*133%

51%

1053/4

511/8

106%-

123/4

12%'

134 %

*133%

4

134%

28

28%

28

28 3/4

134%

29%

45%

'

181

180

88

4%

.

4%

27%

6% :

29

29 3/8
89

*133%

*34%

Harvester

183%

28%

58%

Int'l

85%

133% 133%

12%

9,300

843/4

28%

4

50%

Business

85%

85

Apr

Oct
Cot

97

x35% May 20

_No par

—

lnt'1

83%

*87

89

28'%

84%

44%

18%
41

Aug
1
Aug 22

12'% Jan

:_1

:

com__

Rubber-

Iron

600

214

214

215

63/4

.29%

4

214%

31% Hep

7

60»

23 % May 19

,_20

Inc„

Corp

preferred—'

41%

84%

6%

*85

215

••

No par

:

Copper

Consol

*107%

182%

184

63/4

Inspiration

3»/4

83%

84%

183%

Insuranshares Ctfs

108%

215

215

*213

215

83%

3,700

12%

13

'12%

13

1

Feb

30

73% May 19*

——1

Inland Steel Co_____

3%

43%

Jun

2L

"

Ingersoll-Rand common
'—No par
6%: preferred-—
l—
i._100

*107%

43

Jun

10%

Jan

1'5

<otfs. series A_—
lIOOO
Illinois Terminal, RR Co
_1__—5

3%

423/4

-

49%

6% «ep

39 % Aug

May 19

-

93

10Q

RR stook

108 %

42 34

*107%

33/8

30

18 % May 19
37% May 21

100

z

4.%,.—

3%

43%
108 y2

33/8

43

6%;pref3rrcd series A
lines

Oct

S

Jan

7% Feb

•

Co_'_———20

Interchemical

*107 %

3%

:—

71/e
43

Jan

20% Feb

15 5%

15%

Jan

133/4 Mar

12 % May 19

3,100
1,400

*6%
43

July
Feb

123/a
25

.

36%

60%

Oct

5

45% May

Industrial Rayon

500

176

36

47

303/4 Oct

28

Sep

2,400

*172

24% Get

Feb

7% Feb

7% May 16

Indianapolis Power fc -Light__No par
Industrla Electrica De Mex, S A—

176
363/4

5

383/4 Mar 28

33

42'%

42

16%

43 %

,800

*118% 122

36 y4

3%

1,300
-

Apr

11% Dec

1,200

1193/4

36%

*107 % *108%

160

9

25

3o

3

Corp_—__

Leased

Jun

14% Dct

1

*

111%

3

16%

<.

*16y8

43

1193/4

120

25

-

16%

43

43%

120

25

,

26% July 24

May 19

33.

Illinois Central RR Co common-! 100.

10

231/4

8%

25

16%

>42%

43%

42%

,

*16%

16%

16%

163/a

44%

43%

97 3/4

35% Jun

•9% Deo

3

43% Feb

Idaho! Power

500

*96%

98

25%

*24%'

24%

-

121

*172 '

261/4
58

'

25

44

*119%

"

8%

8%

8%

25 5/a
58

*96 3/8

23%

8%

8%-

243%
163/8

1

96%

"

EXCHANGE

58

-98

23

23%

23%

*57

59

58

98

58

*96%

13,500

26%
58

25%

26%
58

600

$ per share

Hep

May 14

:
'35%

35%

36

56

36

3

37

Inc_—_1—1-6.66%

Foods

400

i

-

t c

Manhattan common__100
5% non-oum preferred—
_100
Hudson' Bay Mln & Sm Ltd-lNo par
Hudson Motor Car
i___Nopar,

5,100

-

4

4

4%

v

Hudson &

100

8 3/4

*6

of Texas

Oil

—wg

Sound Co_lll—_l—1:

Howe

800

4

4

-35%

4

20'% May 19

__5

Houston

17%

17%

:

16% Jan 16

3,800

35%

*20 y4

i

25

Highest

share

30

22%
24y2

■*

17%

20 y8

20

4%

105% Sep
45% Jun

221/4

8

8

35%

97% May 26
37% May 21

Houatbn Light & jfower

.

20%

17%

V1B%

20

9

35%

35%

36

—100
put

preferred-'.—:

33/4%

40

4%

4

$ per

25

1,600

36 %

4V8

:i

4

$ per share

28% Jan

__No par

com

42y2

24%

*36

n

.

$ per share

Lowest

34% Sep

Finance

*104 y4 .io4y4

22%

*22%
'

■

O'A.

>

17'/a

*20%

22%

Year 1946

Highest

11

Household

1,200

343/4

Range Since January I
Lowest

Par

42

42

3%

3%

3%

3%
*7%

37

'

42

22%

\

'23%

23%
36

34%
104%

42

*41%

23 %

37%

23 %

,

.

42%

22%

42'A

23 %

34%
>103%

34

104%

*103%

104 V*

*103

x33%

s

Shares

$ per share

$ per share

share

34

34 %

34'/a

34'/2
104 v*

42

£ per

$ per share

$ per share

t per share

Range for Previous

STOCK

EXCHANGE

the Week

Sept. 26

Sept. 25

NEW YORK

Sales for

Friday

Thursday

Wednesday
.Sept. 24

Tuesday

Sept. 22

STOCKS

PRICES

HIGH SALE

AND

LOW

Monday

Saturday
Sept. "20

RECORD

STOCK

21% Jan

16
26
23 3/i Sep 22

172

May 14

53

17% Apr
165

40

Sep

Jan

17%

3

*20

Nov

29

166

Dec

29% Jan 31
Feb

64

3

120

Aug
451/4 Jan

313/4
197

Jun

Jan
Aug

34% Sep

32 3,4

Jan

Oct

72%

Feb

45%

Volume

166

Number

LOW

Saturday
Sept. 20

AND

$ per ehare

24%

24%

23%

37%

145%

36%

24 y4

54%

52%
35%

111

•109

14 y4

19%

19%
13%

53%

53

53%

500

*35%

13%

19%

*430

10%

10%

11

25

25

4%

4%
22%

7

-7

103

26%

pfd

Steel

13%

500

9%
*10%

26%
4H4

22%
6%

13%

13%
,27%

6%

,

13%.

110

'27%

*108

6%

27%

•

110

108

13

3,200

series

1,500

;

1,500

Marathon

„

9,400.

Marine
Market

St

27%

2,400
100

108

Marshall Field

4% %

&

16%

16

22

16%

23

3,200

•22%

Martin ' (Glenn

233/8

23%

233/4

50

8,600

50

22

50%

50%

21%

21%

1,100

Masonite

22

22

223%

1,400

Master

32%

3,000

32%

32%

•100%

99%

99%

99%

*93%

94%

94

94

ioy»

10%

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nu

10%

46%

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41%

29

40%

29%

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40

•39%

25%

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10%

10%
*45%

40%

•40%

28%

,28%

40

•25 Va

26
56

33%

108

*104

20

20

20

*104%
'

108

100

39%

600

39

25%

25%

"56

55

33%

1C4 %

104%

*101

20%

20

20

25%
20%

McGraw

McGraw-Hill

McKesson

100

20%

94%

94%

94%

46%

*45%

,46%

45%

46

23%

24Ve

233/4

233,4

23%

233/4

2,300

Melville

17%

17

17%

16%

16%

58 Va

2,000

Mengel

58%

58%

593/4

59%

40

14%

1,000,

44%

100

46%

23%

24%

23%

23%

17%

17%

17

17%

*17

59

59

59

*58

14%

14%

14

14

14%

,,14%

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44

*42%

44%

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44%

49%
*101

49%
101%

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43%

43

50%

49%

101
44

49%

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*43

43

*109

102

43%

110

10c? %

109 %

*109%

110

16

.15%

15%

*15%

49 Va

.16

*15%

*109%

49

49

110

4%

.5%

41%

42%

41%

41%

41

38%

413/4

38

38

41%

413/4

38

38

37%

38 %

*139

i42

*37 %

*12

138

12%

*9%

12%

10%

57

57%

108

108

139%
12%

9%

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57%

*107

v

*12%

'9%

57

67

66

07

12%

11%

12'/a

'12
118

*66%

-

119%

119%

119%

119%

42%

43%

41%

43%

4%

4%

67%

17

16%

17%

'16%

36%

36

36%

35%

9%

26%

61%
125

10

10

28'

60%
123

57

-

29

'

26 %

02

60

124

.54%

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59

*25

57

28%

54%

29

28%

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26%

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35%

35% "

10

*9%

10%,

*28%

58.

-59 Va

124

"

55

29%

58%

"

12%

12

12%

12

12

21%

22%

21%

*12%

■

21%

21%

19%

20

19%

20

19%

24

23%

24

23%

23%

105%

105%

12

105%

105%

12

105%

11%

36%

36%
110%

11%

36%

llOVa

*10-)%

12%

12 %

*39

53

LOW
'

•

'$ per share
16%

20%

12%

lO'/a
12%

11

per

15%

27

12%

AND

HIGH

Tuesday
Sept. 28
$

16%

27

-

.

share
16%

30%

26%
12%

10%

10%

13

13 %

30%

30'/a

30%

30 Va

30%

187%

*24

24%

9%
37%

9%
39

*185
24 •*!■

187 Va
24

9%

9%

37%

37%

12%

12%
39%

*52%

110%
*13

,30%

30%
*185

23%'
9 %

38

12%

Thursday

1

't % •*'

Sept. 25

.

Sper share
I534

.,

20%

15%
27

11%'

10%

-10%

10%

*13

13%

13

31%

31

31%

21

.'

13%,
•30%

*30%

30%

30%
"185

23%

"

-*23 %

;

'9%

9

38%

%

•10%

.30'%

293/4-

185

24%

*180
<

*23%

28%

39'/4

9%

9%

9%

*38

15%

21%

22%

*40%

41%

41%

41%

-19%
>104

20

104%

31%
487

31%
189

156%

156%

19%
104 Va
31

486
158%

20

*42

19%

31%

21%
42

*104

'

30%;1
15%',

•22.1/4

21%
*42

20

104%

19%
104

30%

30%

22%;

184%

184%

(

,

157

*156%

158%

"

•

19%

83

83%

82%

83

24

24

23%

23%

1

18%

1

82%

*23%

•17%

7% '

73/8

73/8

7%

19

1 %

1

82%

83

83

83%

24%'

24

24

24

18%

17%

19

19%
1

l'/a

700

1%

18%

19

17%

18%

18%

*18

18%

*173/4

99

59

18%

173/4

17%

*98%

99

98%

983/a

983/a
•243/a

24%

13%

13%

12 %

13

-

'

25%

25%

25

25

'

*24%

14%

14%

14 y8

14'/8

*13%

14

%

12%

12%

13%

12 %

12%

*12%

123/4

*12%

page 23.

25

14

123/4

*

preferred
Linen

18

Natl

National
National

Sugar

5,700

Natl

500

,

$2

,

110

'

300

-

'

4 'A

'

Natl

Natomas

&

Tea

Lt

30

Deo

110% July
61 Va Jun
113%

Apr

18%

Feb

'18% Mar

10%
31%

Oct

45% July 23

19

42 ya Feb

4

32

Not

6

140

Oct

18

156

5

Oct
Not

39%
104

19
30

Mar

May 19

14'A Jan

May 19

14% Feb 24

May 27

66y2 Jan
7
114% Feb 25

7

May 29
Apr: 16
May 19
Jan 13

67 'A Sep

9%

105%

12% Sep ,19

8%

Aug 19

100

43

>A July 28

28

Feb

3
7

51% Jan

14%

2

Deo

Oct

26% Mar
68 %

Apr
119% July

Deo

40% ?Apr

;121
8

45% May
62% Jan
173
July

Oct

45

26

25% Feb

Feb

,10% Not

4

May 19

60

Oct

Deo

18% May
129

Sep

Mar

44

Sep

May
17% Jan

6% Oct
19

Oct

52

42

Deo

70

11%

49

May 19
Jan

3

24

May 16
9'A May 19

17

13% Feb 14
32

Feb

17

64% Feb

8

30% Sep

25

Deo

57%

Jan

64

Deo

20

Not

60%

60

Sep

104% May
30% Apr
62

24'A Feb

7

15%

Oct

24% Jan

3

19

Oct

26

25
24

Sep

17

14% Sep

107% Mar 14

102

22% Jun
109% Feb

Oct

Oct

108%

Jun

10

9% May 17
37% Jan
2
,50'A Jun

10

112

May

Mar 28

29

Mar 26

Jan

27% Feb

108

14

Deo

Sep 10
26% July
1
13% July 14

Jan

Sep

27% Aug
49
May
114% Jan

15% Feb

11

9% Oct

44% Feb

13

33% Not

65% Feb

50

70

56

Jan 29

22

Deo

Jan

Jun

Year 1946

Highest

$ per share

$ per share

Lowest

Highest/
$ per share

14

May 19

10% Feb

7

13

Oct

25%

Jan

19

May 24

29% Feb

13

23

Oct

62 Va

Jan

May 19

30

6

27

Sep

11

Aug 25

41% May
34%-Jan

^5

_100

1
No par

ex-dist——No par

:9y8 May 19
10% May 19

24

Jan

13

27:

Jan

13

181

.'

Mar 26

Jan

16% Jan

6

14% Not

14

7

10
Sep
13% Deo

Feb

31% July 18
32% July 28
34y4 Feb
187

13

8'A May 19
33' May 19
'8% Jun 16

13% Feb

7

41% Apr
14% Jan

2
7

13% Aug

15 V*

4

13% May 16
27% May 19
14% May 19
17% May 19
30V2 May 26
14% May 19
103

Mar 27

25% May 20
183% Jan
6
150

6%

Mar 20

Jan

16

16% May 20

Jan

45%

Apr

34 %

Jun

22% Mar 28

19% NOV

32% Aug
67% Jan

43

Aug 15

25% Jan

.

31% Nov

23

2

16%

Feb

15

102%

35% Jan

9

27

190 Va Sep
167
Jan

15

178

Dec

207

28

X149

Oct

Aug

173

10,7

8'A Apr
28

Jan

20 y2

Aug
Sep

108%

Jan

40%

Apr

Jun

July

6V2

NOV

Apr
10% Aug

20V4

Oct

41%

15% May 17

20'A Aug

33%

Oct

7

40

100

Oct
Sep

31

—10

1
1
4

1% Aug
Sep
25% Deo

75

11%

Not

2 Va

Feb

Sep

101 Va July
38

Apr

25

Jan

32

Jan

16 %

Deo

89

NOT

106% Mar
42% May
15

20% May 20
13% May 19

29 % Jan

24

17% Feb

10

21% Oct
14% NOT

11% Jan

13% Jun

13

10%

3

24% Aug

Oct

10

1

45%

Oct

Sep

28 VA Jan

No par

Hot

13

15

21% May 17
12% May 19

Co

Feb

31

30

—No par

10

Apr

21%

15% Nov

Rsf

Mar,18

Apr

32%

3

2

88

205%

Oct

22 V2

d

21

8

100

37% May

Not

9% Nov

•

Jan

1% Jan

a

Oct

20% May
28% Jan
34% Apr

20% Jan

38

91% Feb

1

180

Oct

•

Aug 18

17 % Feb

Aug .19

com

25%

27

26% Feb

74% May 26

Co

20%

15

Jun

21'A JunlO-

—1-25

Fibre

$ per share

21

Corp

Co—

Vulcanized
Co

47 Va Jan

111% Aug 18

32% July
52% Apr
77
May

Sep
Sep

13%

.10

Corp

Co..

(The) Pa
preferred
%' preferred—

300

97

32%

1

B—_—

conv

600
'

64

3

10

100

Supply

National

10

10

^No par

—

A
Service

Steel

Power

3

-

65% Jan
103 y2 Mar

15% Feb

:—1:

common

Stl .Cast

800

*'

Prod

Co

5.400

98%

25%

Lead

Mal-&

Jun

40% Feb

preferred——No par

6%

Nat

Jun

105 y#

Apr

Stamping——.No;par

1,300

83
24

&

preferred

National

35 Va

8

Feb

May 29

Products—_No par

7%

s

Oct

35

(new)——1

Gypsum Co com
conv

National

1,100

19%

Dairy

Enam

18

10

10

Container

$4.50

160

7% ;
'

19%

99




40

186

156%

*7%

25%

3,700

186

7%

99

-

188

19%

Corp——

Can

Cylinder Gas Co,

Nat

20 V*

6

103'AMay26

No par

Distillers

"

30%

160

*7%

Corp

National

National

7

20%

—'—100

Share

&

National

210

5

24% Jan

52% May 19

5

Dept Stores.^—1^.—;

4,100

Feb

25% Jan

May 19

1

—

Corp

National

'•

67% Aug
26% NOT

Jun

1

National

300 '

1934

104% '

43% Oct
Oct

36

ilOQ

Louis

18,900 '

.

30% Apr
107% Aug

Lowest

1,900

45

Sep
Sep

103

11

May 20

May 19
19% May 19
17% May 19
14% May 19

Register.—No par*
;City Lines Inc
—_1

•

'105% Feb

Range Since January 1

8,300

-

Oct

18%

Range for Previous

National

600,

,

*157

19%

*18%

•

158%

1%

see

30%

-45%

7,800

13% ;

*186

7%

National

Not

22

135% Jun

■

preferred

Bond

133/4

42

30%

Nat

1,500 '

18.9

19%

17%

9V4

'

19%

104%

31

1

18%

20

*104

31%

7%

18%

-•

104%

*19 '/a

1

44

-

.7 %

200

13%

15%.

15%

22%

300

-

*13%

30%

15%

21%

4,500

r

,24%

20

8

Deo

National Battery Co—"
—4
National Biscuit Co common:——10

133/4

153/4-

15%

22'/a

•30%
185

600

13%

30

15%

21%

.

21

.

July 14

Sep
Sep

—50

—

Airlines
Aviation

Jan

Deo

31% Feb

50

69

66% Jun
108% Mar
35% Apr

102

43 Vi

Rational Automotive Fibres Inc.i.l

Nat

13%

15%

National

6

Jan

105% Feb 20

28%

National*Cash

-

31

National

1,700
1;200

1,300

13%

30%

2,900

10%

(5

Sep
23% Sep
44
Sep
39% Not

111%

Corp————L—5

Chatt & -St

2.100

13%

*13%

.

44

46% May
48% Apr

30

1
8

•

National Acme Co

9%

;9%
13%

"

•Nashville

38 '/a

'9%

13%

•

-

190
1,300

Feb

3

STOCK

YORK

Nash-Kelvinator

9%

9',4

13%

•

July 15

32

56% Feb

STOCKS

.

11%

Jun

Apr

4

Par

'

91%

13%

31%

21

27

.

.

187

com

EXCHANGE

10,500

13

21%

23

May

Sep

.

25

63% Feb

—No par

Bros

Shares

;

44

>

Apr

43
122

42

7

1

„

&

NEW

the Week

„

26 34

12%

9 Va

13%

(F E)

Mar 14

71

Oct

102% Deo

21

-100

preferred

Sales for

16

11%

13%

30%

4%

Myers

33 % Feb

—5

-preferred

.

,20%
26 3/s

9%

13%

4%%
•

100

Friday
Sept. 26

12%

27
■

137/s

31%

1

Murray Corp of America

300

-

$ per share

16%

9%

30%

"

53

preferred.'

48% Jan 25
107% Feb

May 26
May 22

No par

B_.

—

6,300

40

*523/a

Co -class

Mar

128 y2 Feb

—5

Munsingwear Inc
Murphy Co (G C) common.!

•

12%

40

53

13%
*13%

500
2,400
50"

.

111

Mfg

118

,—1
—1

—

n
»•

(16%

*20%

12%

12

353/4

*110%

$7

Jun

111

23% Sep
8
49 y8 May-17

No par

Corp—

PRICES

16%

21

12

353/a

39%

54

Sept. 24

27

12%
36

110%

80

-

$ .per share

12%

>/4

•

•

4

110'% May 16

No par

Wheel

Mullins

23%
106 %

Jan

Not

_5

No par

Products- Corp—

6,500 1

233/a

113

8

—3

Co.

May

28% Mar 11*

com——10

Inc

Brass

Jun

65

3% May 19
11% May 19
32% May 19

50;

Motor

Mueller

*106%

35

Co

&

Lines

Motor

300

l.S'OO

106 '/a

110%

'Wednesday

26V8

13%

*185

SALE
"

*20%

T

31

*30

#

2,100

,

21%

17

Sep

97

Apr
23% July
45
Apr

—

A

cum

19%

*106Va

12%
40

*52%

*21

233/4

Oct

No par

com

Motorola

20

9Vi
45%

-

Tool—-—No par

series

Ward

Deo

8

4

104

com—1

_20

800

12%
22

19a/4

*11%

$2.50

93%

Feb
Jan

1.25

100

12 %

19%

LlOO

preferred
Morrell (John) & Co

22

.

Montgomery

97'/a Mar 11'
12
50

Jun

10%
,6%
47'A
103%
51 %

——No par

Chemical Co

preferred

Moore-McCormack

900

23%

36%

'40

53

"11,600

61

$3.25

■

May 19

7% May 19

12% May
Apr
29% May
136% Jun

No par

Impl

70
May
112% May

Deo

6

!

33

—3

com

253/4

21%

*21

110

11%

40%

53

Sept. 22

20%

12%

30 Va

Machine

Monsanto

400

9,300.

-

'

11%

36

*109%

*39

Monday

*11%

37%
110%'

12 %

40%

*52%

'21 %

*21

29%

253/4

12%

-

55%

*59%

Monarch

6,400

>

121

22%

22

20%

23%

30%

25%

300

59%

54%

60

*25

;21%

59%

*118%

553/4

29%

58%
26%

'60

103

Feb '25

100% Aug 25

25

-357/a May 21
105
Jan
6

No par

Mohawk Carpet Mills.
•Mojud -Hosiery Co Inc

700

106

38% May
204% Not

Jan

45% Not

36%

•

1,700
-

28%

123

*118

•

'55 %

22%

105%

5,400

195

8

47% Jan

Corp——
10
Mo-Kan-Texas RR com—No tpar
7% .preferred series A__>
_100

"

29

Power

24% Sep

10

49% Feb

41
Mar 21
(43% May 19
97y2Jan
3

No par

Mfg—J_—

Moline

Aug 18
Jan 23

61
"Not
18% Deo

:10

vtc

$6.50,preferred—

Apr

73

Mission

2,500

.

10

12%

21%

4%

16%

29

,61

*120%

240

75

39% Jan 28

100
A

Jun

Sep

16

5

com—

M

Feb

30%

48

112% Mar

20

pfd^lOO

pfd

SS

91

45%

Oct

2

Jan

190

24

Sep

Sep
Sep

12%

13'/aMay20

a

,3.20%-conv pfd series A_^
Minn' Min &
Minn

; 11,000

10

22%

21%

4%

,

11,000
-

43%

16%

17

36

2,200

120

40%

4%

16%
35%

^36

*9%

28

62%

*57%

4%

(17%

119

423/4

28

*9%

*26%

26%

28%

5

'•

90"

f

11%

&

Jun

44 '

No par

3.90%

Prod

25 'A
33

Mar 12

98

31

63% Jan

18'/4July23

100

X109

6

23% Sep 26

24% May 27
185

Feb

9

111% July
34
Jan

Sep 22
May 17

14

14% May 19
39'% May 17

No par
.
4.

Co

Minn-Honeywell Regui

.

Apr

55% May 17

Petroleum-

1st

cum

St* P

Jan

67%

88% Jun

Minneap & St .Louis ,Ry__—Nppar
Minn

1,400

67%'

11%

.119

41

.58%
109

Hi67

,

'

125

56%

67

'12%

*117

-

58%
*10»i.

8%
;

400

11%
20%

„5Q

common—

Edison

Midland. Steel

1,000

10

Oct

—3%

Ltd

preferred—

Mid-Continent

80

12%

10

58%

66%-

141

*12%

109%

41%

42%

4%

16%

93/4

-.58%

118

36%

12%

*108

'12%

41%

*139

9%

109-

12%

139

12%
-

-

58

109

109

4%

12%
•10

'57

66 y8

4%

-

139

Deo

11V*

25% Feb

Miami Copper—

300

'

Co

Transp

Inc

cum

Metropolitan

6,100

37%

preferred-

Jan
Jan

8

30% Nov

23 Va

_50

Mesta Machine Co

900.

43%
142

Co

$3.50

10

15%,

1st

Stores

46% May

~7%

17% May 20

—

Min

Not
Sep

19

8% Feb '• 1

24'/a Sep
9
16 % May 19

Corp
__i
(The) common———1

conv

26

f

27% Feb .17

1

.100

preferred——1

Shoe
Co

Merck &

700

110

15%

2nd

Aug

16% Apr
26 Y*

10

10

1

—No par

preferred——_i,

Merch .&

300

42%
*139

Co

common

Mercantile

2,000.

,

*38Va

'

Gbrp

4% %

700;

43

*109%

15%

'

1017/a"

43

15%

,

160

45%'

101%

43

Inc- com—18

"

14%

49%

Mead

1,000

95

*43

101%

400.

...

20'%

95

14%

44

101

25%

20%
*44

44%

50

*25

626

Oct

3%

4

5% Feb

Jun

8% Oct
12%

13

24
May 17
46'/a May 9
30% May 19
102
Jan
2

———No par

Stores

,20%

*94 %

'

Robbins

32% Feb

14

35

No par

Norris Mfg Co

25%

20%

94%

.

&

13% Deo
620

18

24

1

Co

Mc-Quay

900

26%

20%

04%

26%

Pub

$4 /preferred

20%

27

Co—

111% Apr
*17% Not
30% May
17% Sep

1

14% Feb

100

100

McLellan

94%

46%

For footnotes

Electric

Oct

2

35'A May 19

com—i.l

preferred

Mclntyre Porcupine Mines————5

2,700;

•

♦

Stores Corp
conv

6

17

42

——No par

Corp—

McCrory
3'%%

3,900■

105

20'/a

McCall
>■

200

<-

333/s

20%

*20

800

1,900

455

May

12% Sep
16 Va Sep

l

18% Aug

17

106%

Jun

65

108% Mar 20

1st

40%

Mar 28

15 % Feb
21 % Mar

39% May 19

$6

pfd

.111

Jun

108

—5

No par

cum

7

76% Jan

14% Sep

par

—No par

101%

33%

Co

41% Jan

42% May
180

38% Oct
37%; Not

34% Feo

1

common

8

May 19

Co

Stores

Jun

9

par

common

28'%

55 %■

33%

Maytag

25%

*44

108

22% May 19

_100

Co_—

preferred—'

40 3/4

25%

55

L)

$3

*99%

39%

25%

-55%
33%

1,000

21

*57%

Sep
Deo

56% Feb

12% Jan

.

No par

com

46%

28%

101%

39

1,030

10'% "

Dept

94%

*45

32
140

152

10% May 28
*6% May 20

5

100

Corp.——No
Corp
No

Elec

20%

CLOSED

Co

13

'3% Jan

6.25

preferred————

25%

*25%

Sep

May 17

1

111%

*111

40%

28 3%

26

55

-33%

108

20

40%

39%

*25%

55%
33%

*104

EXCHANGE

5

$3.75 preferred—.
No par
$3.75 cum pfd 1947 series—No
par
$3.40 cum pfd—
No par

440

93

10%

101%

103

39%

93

*45%

May

130*

98

10%

111%

3,400

1003/4

46%

v

*111

41%

98

94

46%

102%

55%

*100

98%
'

10%

103

33%

33

14

Mar

9% May 19
24% Sep
4

(nsw)
1
Mathieson Alkali Wks com___No
par
7%
preferred
100

188

40%

1003/4

98
*93

111%

*186%

41%

1003/4

94%

32%

188

40%

*45%

28%

•1C2%

323/4

*186%

.99%

*111

40%

.28%

103

*25%

98%
*93

111%

*102%

32%

188

101% .101%

43%

•111

22

41% '41%

10%

*45%

111%

16

32%

*186%

100%

16%

,

32%

188

41

99%

STOCK

1

Martin-Parry

22

*50%

;16%

*6

No par

Corp__:
Ry 6% prior pfd

50

•186%

«

43% May
July
30% Jan

Deo

39% Aug
5
Apr 21

Mar 12
Jan

455

Midland

720

50

,16%

100%

1 per share

50

Exploration-.
Corp—

22%

32%

-07

20

16% Apr 14
12% May 13

.1

Maracaibo Oil

16%

41%

$ per share

20% Not

101% Aug 22

11% May 19

1

Manhattan Shirt—

7

*

41%
101%

■5

100

;

49%

192

$ per share

27% July 24

31

41% May 19
30y8 May 19
107% Jun'2o

No phr
10

Go—..

23

13%

108

Sugar

22

41 y8

•

A

Garden,

vMandel Hros

100

43/8

Square

Manati

300

26 Va

26%

108

.

9%

4%

22%

.27

pfd

__

300

11%.

*24%

4%

223/4
6%

*13%

4%%
Madison

Magma (Copper
Magnavox Co (The)
Mahoning Coal RR Co__1.

*430

34
140

No par

.

1,400

13

10%

—10

—100

com

3,600

13

4%

6%

Forbes

13%

17

21%

Jan

13% May 17

Macy (R H) Co Inc com—No par

51

*186%

Sept. 20

10

—

19%

23%
6%

27%

800

22%

32%

97

Year 1946 r
Lowest
Highest

$ per share

17% May 19

100

preferred—-i—i.

16%

Saturday

A

Mack Trucks Inc..,

2,000

111

11 %

*25

6%

&

50%

.

series

Co

22%
21%

4 per share

(M;) & Sons Inc com—1

cum

MacAndrews

10,

35%

4%

6%

•108

"4%%
Lukens

200

53

*,22%

,4%

13%

108

37

*19

500

10%
*11

•25

23

13%
277/8

10%
,

27%

:

13%
27%

Lowenstein

700

148%

*109

13

*430

1-1

27

111

13

500

10

23%

18

35

13%

18%

11

4%

36 '*

14

13%

10%

23 %

50

53

36

;i9%

11%

CLOSED

Par

2,100

*36%
*144

*13

10%

*24%

37

*109%

11%

,

STOCK
EXCHANGE

23%

Range for Previous

Range Since January 1
Lowest
Highest

EXCHANGE

Shares

100%

•17%

148%

111

14

•430

*36%

48%

13%

500

17%

*144

53%

19%

13%

23%
•99

13%

14

19%
*430

23%
100

17%

37

*<103

*13 %

$ per share

148%

*35%

112

14

STOCKS
NEW YORK STOCK

Sales for

the Week

M

36

*109

23%

99%

18

*144

54%

36%

$ per share

24%

*36%

148%

*3S7/a

Friday
Sept. 20

Thursday
Sept. 25

101

17%

36%

•144

'

share

per

"100

17%

*537/a
'

$

24%

1/%

37%

145%

Wc!l"eSo?y
Sept. 24*

101

•100

18%

PRICES

Werinperiav

$ per share

101

18%

SALE

Septus

$ per share

101

HIGH

Tuesday

Monday
Sept. 22

,/

Sep

24% May
Feb

W

THE

(1263)

LOW

AND

SALE

HIGH

FINANCIAL CHRONICLE

STOCK

YORK

NEW
Wednesday

Thursday

Sept. 28

Sept. 24

Sept. 25

Friday

Sales for

Sept. 36

-

*20%

-

20%

15

-20 y»

.20

-

15

30

»i06y2

30

105

♦ 104

*106%

107%

♦107%

*39

39%

*27

28

*95%

96

STOCK

22 %

..

41%

14%

*

23

41%

105

Newberry Co (J J) common__No par
33A % preferred™—
..
„_100

107%

New Jersey

38%

38%

38%

27

263/8

26%

96

96

96

22%

227/8

22%

22 3A

4,500;

42%

42 V4

42

42 Va

1,200

*26%
96

•

42%

29%

14%

14%

14%

147/8

33%

34

32%

323/4

35

33%

32%

321/4

32

V118%

119

13'A

119

119

*13%

<

13%

.'13%

23

*52%

58

♦232

255

-33%

*20

*53%

58
255

1197/8

-56

*232

500

119%

1,300.

6%
N

56

25

102%

24%

103

24%

24%

103'/a

103 '/a

102%

14%

14%

24%

243A

243A

25

York Dock

$5

>

j

99

*97%
*48

-

.14

13%

13%

1027/s

r

36%

*97%

491%

*48

99

97%

49%

48

$3.75

120

.

cumulative preferred

Noblitt-Sparks

49%

*48%

493/a

100

36

*48

Corp partic stock
& Gas Corp—

*343A

36%

800

100

36%

.

37

*35%

58

1

58

58%

*30

31

36

36%
58%

*30

31

s#

Industries

5

*30

31

*30

:

.

New

:

3,300

58 3A

58%

31

Nopco Chemical Co——
Norfolk & Western Ryj*Jt

'

'.?• A

58%

58

31

f

Adjustment preferred

common

4
«

23%

23%

23%

23%

23%

8%

8ya

7%

7%

8%

233/a

233/4

23%

77/8

23%'

J

1

-

-:25

new

—

8%

77/8

8

North ;American

4,300

North

2,300

8

Northern Central Hy Co—
—_50
Northern Natural Gas Co new—;_20

Co—1

*90

91%

*90

*89

91%

28 Vs

28%

♦28%

28%

20%

20 y2

19%

20%

*97%

98%

97%

97%

'

28%

29y8

19s/a

,

*89

91%

28 3/8

193/4

28 3A

28%
20'A

*96%

20

91

*88

91%

97%

\

28 3A
i

American Aviation-!

Northern Pacific Ry

13,600

*95y2' 07V%
13%
"13'/a

5Q

19%

20

61% May

24

Sep
20% Feb

-

.1

Mar

Sep

May
Feb

113% Mar

Deo
11% Not

102

25

513/4 Sep

3

53% Jan

Sep 25
Sep. 22

16

28%

Feb

53

31% Oct
41%

Sep

23 %

Jan

72% May

Oct

v

63%,Sep

-

17

,

,4*-.

30% Sep 17
83% Jan
1;
10% Feb 17

*

39%
•

9% Deo

111

22% Feb

>■

I

16%

; |

Apr
Feb

'!

May

16%

117

Jan

115% Jan 11
287/aSep 12

Sep 19
13% May 19

.

76

•

Jun

275

100% Aug 19

28 V*

—100

Feb

323

Oct

63%

•"

Jun

37%

41% May

17

16

23% Sep 24
6% May 16
87 Vi Sep
8

-

1——i

j.

S
20

107

9

,

21%

1

Feb

133

Sep
16% Deo
Oct

4

25% Sep
,•

79

3

Aug

02% Jan

9

30% Sep

•

j.u_w_-10

•

:

35%

290

58

25

9,306

23%

Jan

Oct

Sep

•

■'

"

Jan

13%
26

May 23
May 20

36

•,

69 %

3

124

32% May 19

-

,

-

' V.

Oct

3

26

•96% July

Jun

34% Apr

,

33% Sep

5
10% May 21

1

Jun

109%

22% Feb
37% July

Elec

State

1

37

58%

58

97

*95

97

Y

36%

19

23% Sep
102 % Aug

Light 3.90% pfd—100

Y Shipbldg

10

45

18% Nor

Apr

250

series A "wP'-^-lOO

N

1

24

53

-

Oct

27
Sep
95% Oct

19

No par

lio% May
113
Oct
50
Apr

"

80 * May 19
11 Va May 19

Co————50

30%

3

,

Jan

43 Vs May

>

Deo

46% Feb

•

Sep 26

& Hart RR Co-

N Y Power &

11,200

1

No par

common,

,

Preferred 5 Vo

150

153/a

15

16

*96

102 7/g

*102%

102 7/a

147/8

97%

48

'}

*30

14%

32

106

23% Sep

9

12
May 17
187A May 19

_100

N

103

'

;

-

25% Nor
103% Nor

7

Feb

102

32% May 19

No par

com

preferred

non-cum

Y New Hav

9,500

25

17% Juh

distributed——

N Y & Harlem RR

■

1

Deo

13

42% July 14
32% Feb
7

23

32%

22
Sep
109% Aug

16% Dec
104

Mar 11

108% Jan

24% May 21

953/a Sep

Feb

100

27

$ per share

18% Oct

July 25

38

July 14
Jun

17
10 '

107

35 y2 May 20
,.

preferred series A;
i._100
City Omnibus Corp——No par

Y

New

255

Highest

<

J per share

18% Feb

13

283% Aug 26
104

—No par
:

St Louis Co

.

N

24%

Brake-

when

Common

800

133/a.

21

*232

255

Y Chic &

N

(

*52%

56

*232

14,000

32

13

Air

York

New

New York Central

Feb

*102

—100

Newport News Ship & Dry Dock

900

♦19%

>

pfd—100

4%%' preferred^

60

143%

Pr & Lt Co 4%

105

Newmont Mining Corp
10
Newport Industries common—-1

700

500
'

32%

119%

13

22

♦52%

255

143/a

120

13

*20

22

1,600

293A-

*32

*20

-

*104%

,<

Lowest

,

24% Feb

UV2 May 29

100

*106

-

$ per share

18% May 19

-

.

preferred

105

>33%
•'

____No par V

serial

conv

1073/4

23%

41%

4%%

38%

26%
96

23

Corp_—_—

Neisner Bros Inc common

50

Year 1946

$ per share

par,

106 Va

-

14%

13%

*52%

26%
*95%

600

'

Highest

'

Nehi

1,000

14%
107

Range Since January 1
Lowest

>

20%

14%
*106%

34%

23 ^"*

*232;

383/4

27

*34

119

13%

383/4

38 ya

14%

35

*20

*

*41

34%

118%

♦104%

1073/4

.

95%

14%

*33

130
105

*106%

/...,

22%

41%
,

29%
*104%

30

27

CLOSED

107
*29.3/4.. 30

...

EXCHANGE

Shares

share '

20%

20%

14% " 14%
*lOHVa

105

37%

23

20%

$ per

*

1

.143/4
107

107%

95%

.

EXCHANGE

*34

>/a

$ per share

" 20%

143/4
107

107

*29%

„

*104%

per share

*20

•

14%

14%

107

♦106%

$

share

per

Range for Frevious

NEW YORK STOCK

the Week
'

$

-$ per share

if

STOCKS

Tuesday

Sept. 22

$$ per share

Monday, September- 29, 1947

RECORD

PRICES

Monday

Saturday
Sept. 20

&

COMMERCIAL

; ?

—

Jan

36

Oct

Northern States Pwr Co

97%

.97%

•

"I4y8

13%

13%

23y8

23%

22%

23 %

*35 %

35'/a

35%

35%

6%

*-6%

:13%
"

■>'

'

133/B

133/4

223/4

13%" "14

23%

35%

*

35 V2

6%

*12%

13

35 „
107^

;

35

;

*34%

35%

1063/4

*106

106 3A

90-

25%

25%

25%

25

253/a.

7,100

21

203/4

23%

24%
102 Ya

203/4

23%

102%

101%

:-.83/4

9

100%

101

*8%

23'A

24%

29y8
162

^

18%

29%

; 29

*160

,

22%

18

8 3/4

9

100%

100%

173/4

29

.

162

22%

.29%

173/4

*85

85

85

74

75

t

,

28%

29%

160

17

22%

r

29 Va

22%;

200

160

87

86%

86%

*84%

-86%

73%

73

72

727/8

72%

72%'

15%

14

*13%

14

*13%

14

*13%

14

70 y4

73

70%

71

*69

72

*68%

14%

16

15%

15

153/a

40

40%

40

*39

39

39

39%

39%

397/a

x38'/a

39%

38 Va

383/4

55%

55

55%

55

55

543A

54 3A

*54%

33%

33%

33%

33%

33%

'

100% 1003/4

*33%

•«

159

100

I

#:*157%

333A

33%

' 101

101

158%

'

*100

ioo3/8

159

*157%

159

43%

4%

43%

41%

43%

-

•

4%

4%

42

4%

423/4

4%

4"%

93/4

43/4

10 Va

*14

:

47/a
10

9%
*14

•

15%

503/4

107%
-

*■

237

2% $•

38

,

L09>
•.."23.'•

2%

7%

*9%

;

34

>43"

1,

'

12,600

.43/4

25,000

Packard

93/4

11,500

Pan

22%

6%

*106%

41%

2%

-37%

'■

-

i

2 %

-

28%

40 %

38

*28%

7%

7%

9%

9%
33

33

42%

43%

31

7%

7'

7

7

-

14%

14%

'18%

18%

48%

17%

18

*173/4

OQ

*27

31

*29%

31

*108%

112

♦108%

112

_

*108 7/a

143/a

112

*1087A

193/8

19%

19%

19

;

18 y8

18

18%

173/4

*45%

45%

45%

45%

*45%

116%

115%
.51%

116

*51

52

91%

29%

*8%
:

29%'

30

*107

10%

10%

1

1;

Saturday
Sept. 20

10%

AND

HIGH

Tuesday
Sept. 23
$ per share

15%

16

r

*427.8.

44 %

'./-

4-1%..

":*54%

.

EXCHANGE

r

10%

29

28

•30

28%
30

on

*107%. 108%

i03/8
SALE

*90

.

10

29%

30
108 3A

"10%
►

29%

10

107%

107

10

Friday

Sept. 25

Sept. 26

*157/8

S per share

53%
101

16

54%

29%

237/a
293/a-

16%

42%
41%

41%

16

55

101

101

86% Mar
Mar

122% Oct
164
5

447/8 Sep .26
7% Feb 13

4

14%. Feb

"18

May 13

107 r Sep

16

18% Not
5%: Oct

21

.11% Dee

lOOZ

Mar 24

9% Feb*

Deo

66

Sep

July i-Af'' 105%
27%
32% Jan
2
62
53% Jan
4
>4% Jan ; 6 v / 3%

2 % May 17

Jan ; J

43

7

/

Not.

Heps'

20:

<

Oct;

12

-

24

15% Mar 31 ^

8% Mvy 19

-

;

.32 Vi Sep

V

11

35% Aug
22% Jun
24% Jan

-

11% Deo

38
Apr
7.
48% Feb 11

11

383/4 May 27

27% Jun

40% Not

f

Apr

May

48%-May

Oct

'

f

39% July
62.
Apr
7% Jan

.35% Jan

34% Feb 21
,14% Feb

Apr

;ilO

Oct

.

Feb
Jan

90%

Oct

109

'■ f

Feb

Apr

56% Apr
111
Apr
14% Jan

-4% Deo

J

>45%

Jan

16%

Feb

4 *

12%

Dee

153^ Sep .26 24% Feb 27 -

6%

Oct

17% Sep

30% Jan

25

36

28%

Feb

.* 107% May 20

117

37% AUf
115% July

18% May 17

22

6% July

15% Jan

1

23%

28%

2834

29%

15 y4

15

28%

283.4

15%

15%

28

28%

28

95%

28 %

28%

28%

28

*95

95%

947/a

947/8

94%

95%

-

95%

30

,

*102%

30%

103%

*117

107%

30

*102%

119

1073A

*116%

•70

2,500

-

99%

.

29

*28

29

*28

29

92 7/a

*91

927/8

*91

927A

*

51% Jan

Brewing Co^

24% Jan

100

99 Vz

43

Jan 21 *
Feb

/
>

47% Feb
51% Dee

Jan

Oct

t

21%

Sep

68
May
Apr
61% Jan

115.

*

14

'

Jan

34

8% May 17

40%

.

11% July 25 '*

Jan

43% Mar

28% Sep
105% Sep

4

5

Feb.

;

86% Not

-

9

34% July. 25

16

Ttaage Since January 1
Lowest:
Highest

■■

•

—

•

I per

Par

No parf
.

*

109

8% Deo/

Mar

14% Apr

13% Jun
9
*
May 14
36% Apr 14

common.——

16% Sep 25
62% Jan

37

Jun

53

2

Year 1946
i

;

Apr
35%; Jan'

2

44% July 28
Mar 20

59

<

Highest

.

$ per. share

13

-

■

.

Lowest.

$ per share

$ per share

share

,

29% Sep >

,18% -Fob
80
May
248: May
76%

Jan

Deo.

117%

Jan

24%

Sep

27%

Dec

30% May
34
July
122
May

51% Deo

5
2
39% Jan 21

107

115% May 16

120% Aug 12

116

4

109 % Aug 12

*98% May 28

105% Feb

——

3
3%% preferred series A
—10o
Philip Morris & Co Ltd common—-5
4% preferred—
"
100
3.60 series preferred
100

290

27% Jan

25

108% Jun ; 2 '

.105

preferred —
—100
preferred
—100
A. Reading Coal & Iron—1

3.8%

4,700

.

22

23, May 13

3

Corp

65

May 19

6

26% Jan

Co

Jan.

'

20% Sep
Sep
37% Not

;

101% Feb 13

-

81% J un

;

,

118% Sep2

May 19
5

47

0

-

110

6

115% Aug 12
-

'

3

May 13

38

(Chas) &. Co Inc—U—1

Philco

;

6

Li 28% Jun

Phila

953A

*98

■

Electric

1,600

29%

Jan

26% Feb

$1 preference common——No par

•-

•

Apr 18
Jan 29

26

common—No par

Phila

153A

103 7A

Sep

17% Sep

.4.4%
,

-

^

Philadelphia C0 6 ^ preferred—50
,'$6. preferred-—1
iNo par

28SA :

x29%

*98

Pfizer

500
8,600

*1023/8

99'/2

Pfeiffer

4,000

.

107%

30%

*98

29

1

..Phelps-Dodge Corp———^-25

118

107'A

Apr 15
13% May 19

STOCK

570

29%

1037/b

99%

:

1,600

237/s

"1

10% May 19'
21
Jan 16
*

89

,

May 23

26% May l9

'109% Aug

27% Jan

3

Deo

19%

Feb

Deo

47

Jan

>

Deo

102

11%

15% July 24
30% Feb 18

89

Oct

20%

98% Mar 17
18

33%

Feb 25

104%

Dec

8

96%

Dec

43% Jan

102% July 15

109

96% Aug 11

.101

-

Mar

Sep

<

71

Jan

112

:

-

Z

Sep1
Jun

1

>
.

106% Aug.

"

*

29

29

*91%

58%
*13

*91

14

36

57%
13%

36

*105y4
*

*28

92%
59

34%

107

*i05y4

*105

58 ya

15%
35 %

107

*102

133/4

14

97

98

28%

*203/a

28%
21

*13%
91
27

?2G%

57%
15%
*35

*105%

58
16

36%
107

*102

133/4
91

283/4

*133/8

56%

58

16%
*353/4

16%
36%

*105%

106 %

"105

28

16%

600

Phoenix

353A

800

Pillsbury Mills Inc common

*105%

106%

*105

13%

13%

13%

13%

,000

94%

95

943/4

943A

860

273/4

28

28%

29%

29

29%

21

21

22

22

22

170

*158

170

'158

170

*158

*170

174%

*170

174%

*170

173%

*170




$4

*21%;

22

-170

173%

-

11 ,000
400

Hosiery

preferred

Pitts C

13%
95

*158

23.

•

92

174%
page

,000

cumulative

353/4

170

see

No par
preferred—-—100
Phillips Petroleum—
^—Nopar
Phillips Jones Corp com
5%

563/4

*16

*170

footnotes

200

92%

56%

*158

For

28

*91

C

A

——5
—25
No par

St Louis RR

convertible

No par
Pitts Consolidation Coal Co^
—1
Pittsburgh Forgings Co—
1
Pitts Ft Wayne & Chic Ry com—100
7%

preferred

preferred—.;

Apr 29
Jan

17

50% Mar 15

31% July 17

Jun

100

May 16
Sep

23

18% Jan

2

91

Not

^

.v,

16%

Dec

41

Jan

29%

Sep
Sep

36

Deo r'

102%

110

Feb

Oct

136

May

Feb

123
10

Jan

89

73% Jan

1

18

108

12

.

38% July 24
Feb 19

10

30% Apr 28
2

103% Jan

36

Deo

84
49

93

Feb

Oct

20%

July 25

633A July 14

—100

Pitts Coke A Chem Co com—No par
$5

21
81

14% Aug 15

7%

Sep

Mar 29

89%

Deo

102

293/4 Sep

25

263/4 Feb

10

17 Vs May

19

165

Aug

1

169

170

Sep LO

203

Aug 22
2

Jan

17% Not

15%
106

>

Feb
Feb

26% May

Deo

30

Feb

197

July

202

May

200

Not

210

Mar

*16%

!

Jun

July

20%

37% JanZ,;

4

i

Apr

27

Oct

13;

70% Feb

8

Sep

Oct

Sep

100

9

160%
181%
11%
34%
12%

Deo
•

July 18

52

13

48

Range lor Frevious

9,300

.

101

23%-233/4

108%

30%

t

t

Not

2

Feb

-

STOCKS
EXCHANGE

1,900
/

55

101
-

55

120

103%

16%

..

14 %

29%

Corp, of America——5

NEW YORK

Shares

443A %

417/s

*1073/4

*98

1

43%

*118

*102%

Petroleum

the Week

;

5

2nd preferred—"—-.i-i. 100

4V4%

Sales for

/

43%
54

101

23%

-

41%

-

15%

99%

-

8 V* May 19

7 % Sen

Pepsi-Cola Co—1——1-^—-33 y3c
Pet Milk- Co Jcommon—-—No par

2,400 ;

"V

.

$ per share

120%

30%

7

Jun

28 Vs Me y 20

Ry.Co———100

Peoria & Eastern

50

16

1083/4

103%

<

8

168

,

37

People® O L A Coke..(Chic)__i—100

1,600

%(

10

l43/4

:

Peoples Drug Stores Inc

7do

1,000

*118

29%

.

13",800

*1073/4

103%

.

29%.

15%

*98

130
100
;

283/4-

108%

*95

6

;

preferred—100

29%

15
;

49

13

129% Jan
Feb.

Aug 25

3% May 16
21% Jan 10

.34% M^y

Pojver A Light Co—No par

28%

*108

'

CLOSED

v.

,5%

v,

>
10% *

Thursday

41%,/

237/8

19

20% Sep

a

com—No par

Penn

100

'9T

Sept. 24

42%

102

39% Feb

58% Jun 10

Pennsylvania RR————50
Pennsylvania Salt Mfg Co com_j;_10
3%s series A preferred
:—^100

'■*''■•

$ per share

41

"233A

-29%

-

51%

\

Wednesday

42%

102

..

*107%

103/8

42%

547/a

47% Jun
67% Jun

"

Corp.,
10
Cement Co
——1—7

Glass Sand Corp

Penn

PRICES

44%

'• 54 %

Pd

28_%
29%
*118% 120%

*9%

41

*•

102

_

10%

16

'

23%

90%,y

42%

r.

54%

*100%
.

STOCK

•>

90%

16

42%

u

*51

92

"

$ per share

,

.

30

Monday
Sept. 23

t per share

*115%

52%

>8%

108%

10%

LOW
.

116

yf

*91

10

28%

30 /

108%

'

* > *50

'

2934

30
*107
•

*115

Vi

92
"

10

48

Oct

«
Sep 24
5% Jan, 13

Coal & Coke

20,900

115%

52%,

116

Deo

36%

I

Sep 12Sep 15

42

104

Penn-Central Airlines Corp-—— 1

45%

46%

913/4

•

No par

Penn-Dixie

July

24

"40% Jan

Enterprises—.——5

Penick A Ford—I——

Jan

25 %

64% Sep
28% Oct

4% Sep

No par

15,800

18

52%

19%

Deo

18

13

_100

Transportation-,

Patlno Mines A

200

19%

IB

*50%

».j

Apr

11

,

Penney (J C) Co—i—No par

.

19%

18 y8

10

Parmelee

112

19%

18

'■-■7 91%

t-,l

100

10% Oct
12%

.

Jun

111% May

Oct

69% Not

Sep 24
Feb

35

43 Vs Jan

Pictures, Inc—i———1.
Tilford Inc-!
Z—!—1

Penn

{

19%
*45%

•6%

'.

62% Jan

Cos Iric* common—No par

1,400 ;

15%

193/4
46%

16

Jan

j

Z180% May

3

Refining——1

2,100 :

18%;

29

31

117 y4

4

.July25

f

•

14%

18%

*45 3/4

Oct

158
Sep
-19% Deo

3

,

Transp—5

6,800

'

r

Deo

•

3,200

7% 1

73/e

7

93

80

:

1

'

8

j

;

Feb -

51% May i'
39% Feb" i

Jan

-

No par

Parker Rust /Proof Co—^.—^>—2.50

200

'■

&

28% Feb

17% •Jan

.120

Sep

-26

13;

163% Jan 16/

(1

19

91

.Parke

600 '

-

423/4

Prod

33% Feb

..

{|

Jun

'*

*119% J»n

10% Hot
25

Jan ,.4-»

22% Jun
36

;

99% Ocfc
*113.

t!

37% iter

-29% July z

75

:

park Utali Consolidated Mines—L
Davis & Co—>———No par

•

2,300

33'A

42%

19%

*116

&

;

J

May

-vll2'

-

28% Feb* 13;

May 28

152

Airways Corp—2%
Petrol

27% July 14

July 23;
25% Feb
8

c

;

30% B69
im%. Jun
19% Feh
21
Sep
18 % Not

*

25

Apr 10
25% May 19

~10

convertible preferred-

Park

300"

f

1,500

14%

*293/8

112

Corp
Car—

19% May

.

16

Paramount

2.200

10

•

*32%

•V 4%

.

.{2,100

;

7%'

*9%

9%

333/8

43%

43%

Paraffine

<-

S"

29%

*7%

7%

Panhandle

'

19,300:

.

40%; •
,5%;:.

2%

29

600

,

*37%

38

2,800
-

223/4,

'

2%

V*,

1Q9

22%

240

>

9

70

*69

22'A

*40%

105

*104

63/8

*106%. 109

28%

*33

14%

18%

Motor

American

Oil

.

34% Jun

Panhandle East Pipe L com—No par
4%
preferred—100

2,000

'

9%

33%

7%
■

Western

Pan-American

51

18.

V

Pacific

.

15%

50 3/4

69

38%

7%

-43%

14%

18%

*108%

44 7/a

not

Jan

>

24

Telep & TelCg common—100
preferred—
j.
^—100

6%

•

Jan

22

54

—No par

—

9

'

No par

Pacific Tin Consolidated Corp_—_1

'

7-%

*29 %!

>

•"

283/4

10'A

*33 %
-

14%

*,18%

109

373/4

28%

43%

.14

Lighting Corp

Pacific

.

10 :

4%

105%

6%

*403/4- jr'41%

'2%

38%

7%

TVs'

■

290

1,100'

9%

51

69

-

.-*21' i'!

'22%

"

i

Pacific Mill3

43/8

*14

'

2%
28%

.10

15%

*104

6%
69

*106%
'

.

403/4 >40%

.

;

i

43%

..

22%

7%

*9%

/

500

157%
,

42

10

50%

104%

6%
*68%

.

29

34
1

Pacific

\\

8% May 19

2nd preferred non-cum—-No par
Pacific Gas & Electric———1 -25

■

800

{

10.1

43A

43/4

9%
*14

~

50%

104

6%
70

38

*7%

IOO

43%

4%

9%
15

50%

38%'

*28%
4.

*106 %

109

2%

,

6,300

10
50

non-cum——No par

(

'

106

*68%

43/4

*14

51

6 '/a

>•

,

.3 '/J'
*40% .>41 Va $
.

f - .22%
'

106

6%
69.

:

*106%

t

> ■

108

6y2
68

<

50%

4%
93A

15
1-

>50%

70

;

;
33%,

Xl57%

43A

41%

•

'

■

40

common

1

85% Jan

16% Dccrr"

.

107
Feb 17;
13% Feb
4/
118
Feb;6

Aug 28

70% July

—5

preferred

"•

43/4

43

101

*157%

'

43/4

40

40

84

12.50

—10

1st

.

May 12
19% May 15

No par

Pacific, Amer Fisheries Inc

Apr j.4

154

&, Mfg——2.50

Glass Co

31

J6%Hep 26
24
May 19

..

No par

common---

,

Pacific Coast Co

«

55%

*39

>_^lo

•

|

*111% Feb 16

i9% Jun
9
17% May IT

Ai_100

Co

Owens-Illinois

90

40%

*157%

■

preferred

15

97
Jun 11
'7% May 7
86
May 7

preferred—i——i_lOO

Outlet

'

-54%
*37

r

60.

70

14%

Elevator

6%

3,500

14%
*13J/4

'•

convertible

13% Feb' 11
xl«% Fob

:

r

No par

preferred_i_100
Corp- (The) common^.—6

'>66% Jan

Oct;.'';

44

'

15

31% Apr
21

•

,

45% Jan.> t

106% Sep <24

;

2

104% Hef

96% Dec
18% Not

24% May 22

12

12% Sep

pfd—2©

common__—

Outboard Marine

2,300

14

<

8%

Otis

140.

22%

*158

22% Apr-

•

>

17

'

Jun

-6% May 16

.

.

convertible

Oppenlieim Collins

3,100

f

22%

160

*22%

14

40 y8

:

•

1,800.

i

,38%

:

Corp

4%%

Omnibus

70

100%

16%

73

.

<

800

83/4

100%

Oklohoma Gas & Elec 4%

Oliver

400.

1

*22%

75%

29%

160

160

,

22%

87

14

18

CoJi.——2.5q

4,40%. preferred——
—i_100
Ohio Oii Co—:—_^—No par

6,100

v

Rubber——No paT

'

>*18

Aug 20
19% Aug 20

33

Ohio Edison Co common-———8

200

23%
102

102

102%

83A

102

*20% *21%.

"203/4

233A
102

9

;

...

-203/4

24

i

102

♦100%

-

.-25

300

35%

*34%

*13%

*

&

Pharmacal

1063/4

-♦71%

>

Tire

Norwich

35%

"74%

.

Norwalk

300

1063/4

*85

'

400.
-

<

25 Va

:

18%

*160,
*22Vs

•

13

>'■102% Feb

24

11

1,

Telegraph..——__50

*34%

;*20%

101
r

29%

.

-7

97% Sep

.

cumulative.preferred—25

.

Northwestern

.1063A

9

101

*18

123/4

4.6%

250

35%

24%
102

" 8%

;

>

7

7%

123/4

;

.

v

'

107%

21%,

23%
102

*6%

13

3,900

.

35>/4
25

26 y8

*20%

<

" V 36

*12 3A

36

,7

*123/4

12%

"

106 3/4

,

107%

25%

,

•.-7

,7

12%

23

36

'

36

4,600

.

23

22%"~'23%

1

(Minn)—.
pfd $3^60 series——.No par
Northwest Airlines Inc cdmmon—10
Cum

.

?

j

3

Volume' 166;

Number 4633

■

THE COMMERCIAL

&

FINANCIAL CHRONICLE

(1269)

N EW
LOW

Saturday
l

■

I

Monday

Sept. 20

Sept. 22

per share

$per share

-

37

\

SALE

37%

9

8%

Sept, 25

.

$ per share

12%

12'/.

,

♦130

-1

■;

,37yB

37%

9

X8%

9

12%

,

12%

'

,121/4: i2%

,v

*130

?

,

♦130

.

83 V2
•'

83%

14

.

14

;

♦154.

24

ST0GK

10%

*35%

iov®

-4

66%

25%

*35%

94 %

22%

129%

116%

145

145

-

»*111%
53%

53%

25 %

•107

,

>145

.

-

30%

25

22

22

8

31

-

•22

8%

8

75

10%

*103%

104%

♦103%

31%
27'A

106%

107%

116 >/4

1163/4-

144

•

*.29%

37%

37%

19%.

18%

,19%

453/4

43

38

36

*13%

14

99

•95

14

14

113

13%
14

*1121/4

114

24 yB

24

11%

11%

U%

99%

30 3A

30%

303/8

30%

7%

7%

7%

7%

43/4

4%

4%

♦11%

11%

♦11%

lls/s

261/2

26 3/4

253/4

1113/4

111%

111%

111%

19%

20 y.

100'A

7

20

♦100%

7%

21%

22%

*103

•10%

11 yB

*10%

40%

39%

49%

49

•101%

1023/4

102"

20%

21

20%

16

153/4

26%

26%

♦6

*25%
*20

101

30

5,100

4

3/4

3,600

11'A

400

4%

253/4

26V4

111%

111%

111

19%

20%

19

*103

10%

10%

39%

40

49%

101

*49

101

101

20%

15%

15%

*25%

27%

♦25%

27%

5%

6

♦20%

21

:

*26

"27%

58

58%

57%

20%

20%

*20 %

AND

HIGH

S per share

SALE

Tuesday
Sept. 23
$ per share

44%

44 3/4

43%

8%

8'A

8%

6

58

58%

20%

20 %

44

Sales for

Sept. 26

the Week

43

81/4

$ per share

44

8%

42%

8"A

,

43

8'A

293/4

28

28%

28

28%

10

28 %

10%

10%

10

10%

10

10%

93'A

93%

94

23

9%

34%

351/4

45 5/a

EXCHANGE

102%

99%

,

CLOSED

114

22%

46/8

*102

*99%

34

♦45%

463/4
102

*99 s/s

100

151/a

15%

151/4

♦95%

96%

153/4

161/4

16

34%

102

96%

102%

99%

46%

*102

99%

*99%

..■»

,

102%
99%

40
>

6%

*5%

363A

36%

11%

11%

6

♦11%

36%
11%

8%

8%

83/4

8%

8%

11%

11%

11%

11 %
.

11%
104

153/4

16%

♦44%

*45iA

30%

*5%
11%

36%
111/4

*8%

8%

11%

11%
104

*'•'

46

293/4

5%
36%
113A

83/s

8%

113/a

2,800

113/8"

cum

(The)

pfd—100

;

_5

:

Seiberling Rubber Co—_——

23%

235/a

23%

23%

23%

33%

1,600

34

Shamrock

331/4

333/s

1,600

Sharon

79

79

♦79

21'A

1,900

17

17

295/a

*79

6%

4%

4%

35%

36%

♦12

♦42

15%

43%

353/4
*42

363/a
43

21%

21

*79

81

*79

16%

80

17

100

17

17

17

1,400

12%

29%
-

21%

60

80%

16%

30 3/4

63/4

7

*12

29%

29

7%

♦43/s
36%
♦42

4%

36%
44

6%

12%

♦12

12%

29%

■

29

7

4%

4%

35%

1,100

36%
423/4

35%

35 5/«

2,300

*42

42%'

15%

16

153/s

15%

88%

15%

86%

153/4

87

15%'

15%

18

843/4

18%

86

843/4

55%

55

55

343/a

34%

35

18,i/»

*99

101

*99

27%

273/4

27

27

♦26

16

;

19

18%

56

34%

18%

55

55

34%

34%

34%

101

*99

101

18'A

18%

*55

*99

1,000

26%

26

26

15%

16%

15%

16%

*26%

4%

15%

16

4%

4'A

153/4

4%

6

4%

4%

4'/a

6%

4'/a

"6%

6%

g

g

19%
41

171

31%

19%

4lVa
171

31%

19%
413A
*167

52

193/a
41%
171

19%

.41%
♦169

51%
10%
41%
171

*50

183/4

41%
169

51%
19

271/4
16

50%
♦41

167

18%
-

411%
167

2,000
'

3,500

preferred
Southern California

2,200

Southern

31%

31%

32

23%
43%

23%

24

313/4

24

24

423/a

42

235/8

43%

42%

38 %

43%

37%

38%

36%

373A

42%

43 Yb

36%

37%

62

37%

62%

62%

/5.400

78

78

8%

;.8,700

365/B

*78

82

For; footnotes see page 23.




611/4
♦78

62

82

60%
♦78

82

♦61
78

Greyhound Lines
Rico Sugar com—No

313/4
23%

31%
23%

313A

233/4

37%

r? -5 '-1

South Porto

130

63'A
78

!800
70

'

Natural

_—_100

Southern Pacific
do^r
t*^Np oar
Southern Railway common—Ro
5 Vo

non-cura

L,

*100

preferred

04

11%

Deo

80%

Deo

12% Deo
33
Deo

42

116

Mar

18 1

100

Oct

100

1033/4 Sep
102'A July

May

34% May

110% Sep
9% Not
63
Not

49% Jan

98% Mar
65

Feb

Deo

Jan

Auf
July

61

110%

Jun

95% Deo

102% Not

17% Sep
Sep

37% Jan
77% Feb
19% Apr
17% Feb

3

9

16% Fe b
167/b Feb

Sep

22

110

11

Jan

7

33% Jan

Jun

82

May 16
Jun

13% Not
12% Oct

1

May 19
3

36

Feb
Feb

106

17%

18

23

22

Jan

24% Jan

113% May
32% Apr
40% Feb

27% Feb

July 17

39% May
81% May
81% Apr

43%

Feb 10

34

Jan

77

49% Apr
33% May
32% July
'

17% Sep

21% Feb 18

20

Dec

Oct

23% Oct

6
19

19

Oct

6V4 Not
35% Not
10% Not

403/4 July 14
16 Va Feb
8

May 19

19

9% Feb

17

14

63A Feb

8

19

41

Jan

7

Apr 22
May 19

51

Feb

21

Mar 15

167/s July 28
88'A Sep 23

8
•

Dec

6% Oct
33

Not

Jun

17% July
14% Feb
M%

Jun

38% Jan

61

15

10% Jan

Oct

May

64

Jan

13

14

Sep

15%
27%

Jun

20% Feb

60% July 11

42

Oct

91

Jan

Jan

39

23

102% Jun 30
35% Jan
6
17

July 11

5Vt Feb

8

9

Aug

4

8% Jan

26

64% Apr

22% Jan

9
7

Jan

18

35% Nor
99

Dec

29% Sep

41

13%

16%

Oct

4% Sep
7% Deo
62% Deo

20% Deo
48% Sep

Feb

15% May
100
July

May
Jun

•%May
•

Not

•3

Not

12% Deo

167

Deo

34% Jan

7

30

Sep

19% Feb
123
May
39% July

28% Feb

4

22%

Jan

33% May

19
28*— May 19

47% Feb

8

38% Oot

70

Jun

50% Jan

2

33

68

Jun

573/4 May 19

77

8

64% Oct

74 % Jun

81

154May 19
30,%;Apr 25
22 Vij July 29
34 % Apr

100

Mobile & Ohio sick tr ctfs

55% Jan

50 % Sep

par

•

Not

4

11% Feb

14% May 28
37'/4 May 19

_5

Edison^-f—25

22

114% Mar

273/4 July

6

par

G«is Co!*_l/_7.50

23

133/4 Mar 14
3 % May 20

50

Southeastern

700

*

43'A

31%

preferred——

Highest
tper share

Sep

23

8

May 20
May 20
29% May 19
98
Apr
2
24% July 1

par

5%

•

65

15
South Amer Gold &
Platinum
ll
South Carolina E & G Co
com—7.50

100

431/4

62'A

Jan

15

10

Socony Vacuum Oil Co Inc

2,700

50%

18%

41%

169%

600

2,100

23%

62%

Apt

38

20

(A) & Sons Carpet Co com
20
cumulative preferred
100
Smith & Corona
Typewriter—No

28,600

2

48

42

39

15

'

Aug 8
113/4 July 17
98% July 24
26'A July 17

14

No par

No par
—

31/2%

63A

*50

Oct

$ per share

33% July 24
10% Feb
6

Mar

24% May
6 34 May
4
Apr
27% May

Smith

101

4'A
52

6% Oct
17

12% Jan

12

1

.1

Sloss-Sheffield Steel & Iron
Smith (A O) Corp

700

341/4

16%

*50

44

Oct

2

16

15

*

Corp of America.

Sinclair Oil Corp—I
Skelly Oil Co

1,500

56

34

6%

6%
♦50 f

Co

Oil—

Union

Simonds Saw & Steel.

19,100
4,600

4%

6%,

Jun

20% May

26

65% Jan

75

par

100

86

*55

30

12% Oct

Year 1946

18

Silver King Coalition
Mines—^..5
Simmons Co
[No

43/8

87

101

Pen

Sheraton

43/8

423/4

(W A)

Shell

16%

34%

Sheaffer

6,700
4,100

87

*99

Jan

108% Feb

Dec

Lowest

20% Apr 15
243/4 May 19

[No par

6%

18%

55
■;

Feb

33

-

13

56

181

Aug 15

Feb
■

Aug 26

;

86% Feb <
46% Jun
00% July '

Not

15

102

1

!

Corp.

29%

18%
■

100

No par

Oil & Gas—

Steel

6%

8.4%

f

43

100
19

24% Feb 13

10 %

Sharpe & Dolime common—No par
$3.50 conv pref series A—No
par
Shattuck (Prank G)
No par

4»/8

136

12% Not

36% Sep

Feb

Apr

18% Jan 20

11% Sep
8 % Sep

l

.17

I"'.

'

1

Servel Inc common—
$4.50 preferred

1
3

5% May 17
30% May 19

No par

Seeger Refrigerator Co.

34

7

7

23

5

21%

30%

16% May
46% Jan

111/4 May 19
393/4 May 17

No par

21%

43/«

11% May
110% Jan

14% May 19
90
Jun 26

100

34

23%

23

May 19

96% May
96% Jan

common—5

—

Sears Roebuck & Co

1,000

104

No par
No par

22

63/4

Sep
Sep

9% Oct
24% Sep
105% Sep

$ per share

9

7'A May 19
23 % May 17
41% Mar 14

34%

30%

Feb

118

87

28

60

46%

Oct

7
8

2

Jan

21% Feb i

Oct

Feb
25% Feb

17

20 Va

*1.75

preferred

Seagrave Corp

400

104

cum

Jun

5

34

12%

Apr
Jan

Range Since January 1
Lowest
Highest

xll0% Jun 17

213A

*12%

Oct

34%

100

221A

12%

13%
24%
107%
18

24% Apr 1
17% Feb >

40% Sep

92% Sep

100

251/4

12%

4

21

.*

Deo

104

9

9 % Jun

—5

5% preferred series A
Seaboard Oil Co of Del;

14,800

11%

A

34'A

17%

7

Apr

14% July

7% Not

3

16% Feb

5% May 19
May 19

cumulative preferred
100
Seaboard Air Line com v t c„No
par

400

35%
.

series

common

preferred

21%

81

106%

7

44% Feb

$ per share

3.35%

1,200

5%

pfd 4.40%

34'A

-24

101

Oct

11% Feb

18

Scranton Elec Co

600

293A

6

36/

*102%

15%

46

293/4

:

Scovill Mfg Co 3.65%

3,400

36%

23%

17% May
May (

Dec

21% Oot

40

$3.4o

70

15 %

15%
30%

,

Jan

74

20% Feb 21

Par

«

24%
•

14% not

Range for Previous

•

Savage Arms Corp.
Schenley Distillers Corp
Scott Paper Co common.

10

8%

'

26% Deo

13% Feb
30% wm
08 /Ma*

—10

1st

1,600

♦102

Feb

<

?

120% Jan
45% Apr,

17% Aug
31
Feb
10% Mar 31
24 34 Mar 31
61% Sep 18

:

'

Joseph Lead

5%

300

15%

11%
v

*46

95'A

45

103%

76% Sep
-

28% May 19

_5

■

Safeway Stores

38,500

15%

45

♦102

46%

34

951/4

30%

104

33

151/8

45

102

102

2,900

963/8

30%

11%

*46

9%

15%

44%

11%

34%

350

*95%

30%

36%

32%

4,400

9%

9%

720

22%

112%

15%

46%

36%

9%

94%

22'A

963/b

31

6

July 25

May >

31
Apr
112% Feb
16% Oct

Oct

39
124

16

/

Feb i
Feb i

19% Sep
4
42% May 19

.No par

,

15%

15%

46%

61/4

Deo

20

110

14

St L-San F Ry Co com v t c__No
par
Preferred series A 5%.
100
St Regis Paper Co common—
5

4,000

112%

22%
113

St

15,100

*95i/4
,

303/4
*6

112%

*93%

"

102%

15%
15%

9

100

*95%
'

223/4

114

9

353/4

46%

22%

♦113

9%

333/4

99'A'

22%

114

9%

461%

102%

STOCK

22%

114%

93/8

Apr

STOCK

'

■

5,800

291

10%

22%

12%

11

15% Feb

May 27

5% Sep

EXCHANGE

•3,000

83/s

28%

93%

NEW YORK

Shares

103/8

114%

Ruspart

Sep

30% Feb

23 % May 16

par

1

(The)_
!
(Jacob)
—!

80

113% May 28
243A Feb 16

9

133A Jan

No par

Co

4

STOCKS

Friday

Sept. 35
$ per share

44%

8%

921/2

Rubfixaid

500

Thursday

share

29%

92%

Corp

Company———No

Royal Typewriter——

1,990

20%

10»/e

93'A

Oil

19

Roan Antelope
Copper Mines.*——

700

59%

29%
93'/4

Richfield

Not

8% Feb

45
May 29
1003A Jun 26

-*_1

Ritter

Oct

15

IOO

9
May 19
36% Apr 14

—100

800

•20

59%
20%

-

series

100

6

19%

3.60%

Manufacturing Co__

2,500

90

lo

Preferred
Rheem

1,400
'

19 % Jun

!

Apr

Apr f'
33% Feb i
03% Jun '
40 % Jan

Sep

36%

1

97/« Jan

May 19

t

Mar

PRICES

$ per

8%

*53/4

20%:

58

203A

Wednesday
; Sept. 24

45

6

20%

2.50

Common

700

20%

153/4

:

July 14

2

Jun 30

v.

Dec

323A Aug 12

Sep 10
67/a Sep 15

5

40

101

20%

15%

14/

Jan

33

102

100

Feb-

19

86%
89%
112%
40%

•

106% Dec

84% Feb 18
17
Aug 11

22% May 19
110% Jan
3

com—No par

9
No?
76% Dee
15% Oct

,8

4

Jun

30-

16% Feb

25

Feb
Jan

May

08% Abf

17% Sep

4% May 19
4% Aug 25

—.100

Feb

33

Jan

Jan

117%
00%
30%
118%
38%

Sep

If %

13

11

Not

30

14

17

_50c

120

139%May
166

47% Sep
19% Feb
m - Oct

10

29% Feb

—1

convertible

112

3

July

116% Jan

32% Not,
16% Sep

125

14
Sep 24
99% Sep 23
24% Jan 13

1

Co

'8
25
17 :

;i% Sep

——25

-

9

20% May 21

Sep

41

30% Jun

Sep
108 ' Sep
114% Aug
119% Jun

40

May 16

70

May
100% May

103

Iff

18% Feb
108% Mar

May 17

'A % convertible preferred—_100
Reynolds Spring i—:
,_1
Reynolds (R J) Tob, class B
^10

100

49%

11

5%%' preferred.*.!,
Rexall Drug lnc„—_—*•

21

39

9

85

Reynolds Metals

4,100-

20 3/4

„

<

50

11,

15%

58%

Sept. 22

2,300

20%

203A

Monday

15,500

15%

58%

Sept. 20

7 Va

104

v

'

Saturday

30

Sep

Inc..—.—__50c

preferred
*—10
Republic Steel Corp com—No par
6% conv prior pfd series A
100
Revere Copper & Brass
com—No par

400

21%

/

.

21%
♦103

99

07

9*44 doc
31
Sep17% Oct

1

5

oa% 1%

W Apr

Not

28J/4 Sep 18/

3

(Robt) & Co 1st pfd
100
Reliable Stores Corp—
;
No par
Reliance Mfg Co common—No par
Conv pfd 3'A% series
_!-100
Remington-Rand new common
50c

$1

3,500

Mar

.

,

38% Feb

9ya May 17

100

ST

22% July 25
48% July 25

34% May 22

5

:

Republic Aviation Corp—
Republic Pictures common-

14,000

193A

40

393/4
*49

102%

•

102

HL

>21%
104%

*10%

26 »/8
111

%

.*100

7%

21 y4

11%

253/4

5o

preferred

41

common

$4.50 preferred
Reo Motors Inc—

1,000

7%

11'A

102

:

100"

30'/a

43/4

7

:

7%

11%

*100

10

♦29%

7%

..

"

3,800

1011

50

Reis

1,400
■'

14%

♦99%

30

7'/B

49%

*20%

S per share

11%
70

20%,

21

LOW

*11%

Real Silk Hosiery
Preferred J
Reeves Bros

200

*68'A
14%

.

40

70

1st preferred—

27% Feb
r -[ 30 •• Feb
'

4

Feb

Oct

SDec
Oct

10% Feb • 1
00% Feb./
15% Jan
2
105% Mar 12
41

[OS*#

Sep
"

102% Feb 1338% Jan
2

17

31% Jun
88
July

Oct

-11% wo*

13% Jan 27

May 28
,38% May 19
17
May 19
35% Jun " 9
16% May 17

50

Oct

-2 1

Mar 14

102

——r

common.

nbn-cum

4%>non-cum 2nd
>

1,200

114

11%

*99

39%

101%

200

—

*24% ■r 25

14%

4%

600

,

pfd—.*1^00i

common—

82% Jan

Feb

r»

86%
m
M
fcta*
34% Jen
206
Hot

Not

i67y4Julyl7

7% May 19

preferred-—25

Reading Co

100

'

*

$2

•

1,400
*

133/4

♦1121/4

25

43/4

39%

6

20%

20%

6

115

-

191/4

13%

11%

♦48%

27%

6%

115

11%

*10%

15%

13%

♦243/a

105

21%
*103

(20%

15%

13%

101'A
7y8
21%

7

49
102

99

20%

100%

;40%

49%

13%

*95

43A

20

11%

40

*12%

11%
263/8

•

*111%

104

13%
99

13%

1113/4

26

22

102%

38

*95

101

♦11%

7%

22

104%

*36

14%

43/4.

101%

7

38 •'

7%

,

20%

45

Rkyoniex Inc

Feb 13?:
Feb 17

36% Feb

Apr 15
10% May 21

Raybestos Manhattan———No par '-

5,700 /
600 :

-

373/4

19%
♦41 %

70

7%

26%

*37%

30'/8

43/,

37%,
19%

800

-

Jen

22
141

not

13

12%
18
20%
: 14%
:

Jan

14

Oct

200

:

..

43

48%

'081
nay
68% Dee
UK Oct

34
Sep 10
118%'Feb
3
•'» 10

16

70

par

108

26% Juiv 28

May 19

20

Radio-Keith-Orpheum_—__ 1—1
Ralstdn Purina Co 33/j,%

271/8

25

Radio Corp of America com—No par
$3.50 conv 1st preferred—No
.

!'
,

par
No par

common

conv

Quaker State Oil Refining Corp—10

800

r

X26%

r,

12,500

30

'

t-

,14% Jan 28

25% Feb
103% Apr 24
111
Aug
109% May 14- " 120V4
July
117
May 28 . 130 ' Aug
127
Jan * 2
146% July
110% Jun 24
114% Feb
51% May 19
61% Feb
21% May 19
28% July
1067/a Jun
2
109% Jan

Inc————*—„No
(The)

21% Jan

,

preferred!—^
—_100
Purity Bakeries Corp.—i——No par

16,400

,

45

71

30%

30

;

27%

,

11%

♦99

*103'A

303/4

.

14%

14

8

11,
104%

5%

-

100

76 :

10%

*36

25

♦70

14%
99%

14%

7%

*74%

.

104%:

19%

1133/4

113/4

71

14%
100 «/a

8

"22%

*41%

13%

♦24%

*22

74%

*37%

13%

1133/4

.

223/4

11

27

99

13%.

11%

♦70

14%

•99%

100%

1,100

*29%

38

13%

24

71

30%- '301/3

18%

♦95
.

X24%
•70

Pure Oil

"1031/2

45

*36

99

13%

114%

Pullman

400

1

53

,

8ep
<7% Deo
8% Oct

14

,

15%May 17
93'A Sep 25
30% May 19

preferred-,.-—Lj——i—lOo

3,000

523%

Inc

8% • preferred-!—l.--——-100
Pub Serv Elec & Gas pfd $5—No par

7,100

10%"

37%

18%
*41

37

13

♦96

.-.*37%
4
.

43

■

;

7% r

•

:

50

25 lA

27%

27%

1

170

.

f1

■

IO71/2

7%
74%

30

>

220

;

-

111%

25

,.♦22

♦103% .104%

28'A

'

•

♦107

8%

303/4

770

25%

-10%; 11

27%

143

"

111%

_No par
com
5

cum

53%

75

„

143

;

t-

<

430

Industries

193A May 19
11% May;17
May 17
34
May 19
57 - May 20

('9:

preferred,—_No par.
Public Service Co of Colorado—20Pub Serv Corp of N J com__No
par
$5 preferred-*!—.—!
No par'
6% preferred—-——
-100

■•

.5,500

•

$4.75

;

2,100
-

-

129 v 1291/4 '

144
:

80

25

223/4

7%,
743/4

94

523/4

30%

♦22

*93

107% 107%
30% ''30%

25%

107%

30%

.

f

♦111% 113

53

25

30%

37%

*35%

Publicker

1073/4'108%

"

-

4,600

M16% 117y4
129% 129'/4

107%

104 %

19%

24%
35%

'

11%

•43

233/4

93%

'223/a

75%

11%

37'A

25%

35 »/8

8%

77

•

Procter & Gambles

221/B

129 %

22%

11%

273/4

2,700

353/4

,

•

77

31%

663A

13

$ per share

30

Sep 16
87% Sep 25
; 84% Sep 18'
17% feo
:
200 •; Jap 23
35'A Sep 26

Sep 22
Apr 19

21

Prewed Steel Car Co ,Inc com—--L1
/■
4%% preerred series A____i___50

200

22%

52%

;

7,100

663/s
;

10

-

1

9% Feb

Highest

$ per share

136

10% May 19
171
May 15
17V* May 16

_5

66%

"

■

Jan

*

13% July 25

Apr 22

67

Pond Creek Pocahontas__/___-——1
Poor 48c Co class B_^i./_____No
par,.

800

1

36 >

353/4

*143% .145
*111% 113

:

25%

♦30%

.10%
-

22%

117 y4

107% 107%

30%

J

14

-

36 % "

*116%

-

53%

25%

14
10

353/4

Plymouth Oil Co.:

400

22 %

■

129%

111%

1,000

•

-

13%
10%

"

93%

,;108% ,108%

*

53

107%

•

.23%
30 %

30%

500

42% Feb

59% May 17
;

-Pittsburgh Young & Ash pfd_—._100
Pittston CO (The)
—1
Plough Inc —i.__i
5

'

66%
24%

"

' 145

111%
.

313/s

8,100

:

114

Year 1946

Lowest

$ per share

32ye Apr 21
7
May 19
:
8Ya May 19

.

preferred class
j—. 100
5%% 1st ser conv prior pfd__100
Pittsburgh & West Virginia—:—100

_.i.

94

221/4

129%

i129%

ii2ya

>

$ per share

5%

500

i

•

11

->

23%

.

310

;

*35%

22%
108%

116%

117

129%

23%

*10

37%

"

Par

,

,

160

35%

♦93%

108%

,

7,700/' Pittsburgh Steel Co com^„_No par
__L
7% preferred class B—-i.iJ-,_100.

166

34%

10%

133/4

■

>

♦154

ioy8

25%

.

'

A■

82%
13%

*12%

•

34%

'

•

•

Range for Previous

Ranye Since January 1
/'Lowest
Highest

Pittsburgh Plate Glass Co
__10
Pittsburgh Screw & Bolt_'_„__No par

3,100

/

.

"

86%

*353/4

•:

66%

.

24%

"

.

94
36 y4

109%

116%

10%

; 66%

13 '

167

31

14%

.

8%
13%

82%

23%

,*35Vz. 38

36%

22%

22%

,

: 10%

.

25%

♦9? %

36%

109

14%

.

■

STOCK

.

5,000

'140

*85

83

10%

31%

66%

24 y2
"

35%

*30%

38

66

26

94

11

8%
,13

-

33

♦23% .'24
-

Shares

37

*130

87%

154

32%

•10

"'

37%

66%

>.

167

32%

'

32
14%
10%

*

13

24

'■V *31%
'/ 14

14%.

>10%.

QWBm

23%

,.

; 14

-

11

8%

133/s

83

•13

37

140

07

•164

33 y2

NEW YORK

-

.EXCHANGE
:

♦130

86

83% ' 83%

,■
:

167

32
♦10

.32

14%

.

EXOHANGE

♦154

24V4.

♦31%

83 y4

UVu

,

10%

84%

•

83 y4

\

..

85

• ■»

*13%

.

33 %.

10

84

-.

167

♦32%
,

•\

84V2

Sales for
the Week

*

;

$ per share

37%

12%
'

__

,

84%

Friday
Sept. 26

„,

S per share

•

.

RECORD

.

37

9

21

STOCK8

Thursday

Sept. 24

38%

STOCK

PRICES

Wednesday
.

,K

$ per share

f.

37 %

9

HIGH

AND

Tuesday
Sept. 23

YORK

73

Sep
Oct

«o%
96

Jun
Feb

-tf

JL2

,

,

'

(1270)

RECORD

STOCK

YORK

NEW

Range for Previous

STOCKS
LOW

Monday

Saturday

51/8

9%

*8%

9%

*8%

*8%

*78%

61%

♦78%

84

78%

26

26

*26%

267/a

-26%

27

26%

23

22%

'.'22%' '22 y2

22 y8

*23

75

16%

16%

16

-

28%

98 %

27 y4
87 Va

CLOSED

28%

98

59%

59

40'/a

39

-40%

76 %

72%

29%

30
•

39%

39 %

43

•42
*43

*44

47

*13%

.14%

33
221/4

22%

20%

,13%

54%

121%

*120

120

121/8

.12%

37%

'37%

'37%

9%

31/4

0%

.20%

-21%

21%

21'/a

.

21 y4

21%

21

21

21

21

13

13%

12% ."•13
20

20

20%

12

11%

'11%

*104% 106%

*104%

,53%

53%

12 y4

108

408

16

16

1,300

39

39 '

*106

108

10%
39

"33%

33%

33%

33%

33 y8

23%

23%

22%

23%

23

22%

22%

22%

22%

22 y8

99%

09 %

*99

-

,•

5

5

*5

5%

5

17%
5474
in

,

17%

17

17%

16%

16%

56%

54%

55%

54 %

54%.

54%

2%

21/4

1%

2ya

112

15%

15%

15%

15%

15%
52%

53%

15..

500

54%

53%

15%

Gulf

53%

54 y4

2,800

Texas

Gulf

35 %

5,600

Texas Pacil'ic;'Coal &

2714

2,500

53

34%

34 %

34%

34%

35

34%

28

27%'

27%

27%

27%

27'/a

46%

*45%

46%

*45 %

46%

100

14 y4.

*13%:

14

*13%

14 •:

400

52

*50

52

*50

52

27 Va

14%

53

*45%

45 3 4

14%

14

49%

49 y8

49%

190

7%

7%

7%

400

Oil
Texas Pacific.Land Trust
—x—1
Texas & Pacific Ry Co
2———100
Thatcher Glass Mfg Co common—5
.$2.40 conv preferred—
No par
The Fair
•
—
No par
Thermoid Co common————1.
82% div conv preferred—__-50
Third Avenue. Transit Corp__No i>ar

-

20

52

*50%

14

*14

14%

14

14

14

14

14%

.14

14%

10%

10%

10%

10 %

10%

10%

10%

1,600

10%

10%

10 Va

51 %

51%

*50%

51%

50

50

51

•'8

21%

21%

20 y2

10%

10%

*10%

*42%
100

43%

21%

20%

20%

20%

20%

800

*10%

10%

*10%

107/8

10%

10%

200

Thompson

4%

25%

20%

20

47

11%

*25%

27

20

19%

20

107

*106%

107

*25%
'

100

27

7,500

<19%

19%

4

280

107

107

No par
Oil com—lo.
$3.75 preferred—^———No par
preferred

•$3.50 cum

107

16%

16%

16%

2,300

Detroit

16%

*16%

Timken

16

48%

47%

48

2,600

Roller

47%

47%

Tlmken

47%

11%

11%

11%

11%

16%

17

16 y4

16 y4

14%

14%

47%
11%

47 ~

6%

.

6%

-.

T

6%

i

106

106%

106

*24

24

24

24

26%

26%

25%

26%

25%

*35%

37%

36

36%

36

*101%

101%

102%

9%

9%

9

3(37%

39%

*13%

14

38%

36 y2

13%

tTransamerica Corp___

2,200

_2

Transcont'l & Western Air

200

& Williams

Transue

■.

Inc——5
Steel——No par

3'6'%

37

*36%

37

180

13 y4

13%

*13%

13%

600

Twin

50

25%
37

2,500
12,000

1,000

100% 100%

700

8%

500

8%

*

5,200■

25

37

8%

13%

-

25%

37

10014

36%

13%

108

24%

25%

25 Va

■

13%

*38

6,100
'

6%

6y4
-*106

100 y4

iooy4

8%

No par

Bearing

,1
No par
,_No par
20th Century Fox Film com—No par
•81.50 preferred
_i
No par
$4.50 prior preferred
No par
Twin City Rap Transit com—No par
5% xonv prior preferred
—_50'

36%

914

-

6%
107

24%- "24%

36

100

102
"

*9

♦

15

6 %

107

25%
'

17

15

6%

24%

.

11%

16 %
-

107

*106

24

11%

«'

15%

*15

15%

*15

'6%

1

"

8%

,

Tri-Continental
$6

Corp

common

Coach

—1

Co

Sep
May
Aug
May

Jan

25%

Jun

Feb

68% Aug

62

than

>

Friday

Thursday

S per

<

4 per

share

share

%

Shares

1,100

13

13

■13

i3 y8

12%

12%

*13%

13 %

13

13

49%

49%

49%

49%

48%

48%

48%

48%

48%

48%

10%

10'/«

700

-;33%

34%

4,200

103%

102

102-%

113%

113%

114

114

105

*104 V2

closed

22%

% -136%

106

105 y2

35

22%

107%

107 %

20

Tosy*

105

*104%

*104% 106%

22%

*107

.

19%
*104%

*105%

34%

20%

5,200
2,300

*105% 108%

300

22%

107%
20 %

19%
105

105

33%

33%

34%

21%

108

21%
136%

21%
135

108'

107%

220

102

102

22

136%

135 V2

106

101

101%

21%

34%

21%

•

105%

106%

101%

105%

20%/

19 %

20%

*105

22%

107%

150

22%

*33%

34 %

21%
*107

*113% .114

136

105%

105%

-34%

35

22%

21%
135 y4

.

4,800

114%

102%

102

101%

101%

22
134

101

*113%

*104% -106%

108

101 % 102

22%
136

106

_

"

102

22'/a
135%

10 y4

34

103

114

102

Stock

^exchange

10%
32%

33

114

*104%

10%
33

10%
33%

T03%

33%

*ioy4

10%
-32y4

10%
33%
104 V4

10%

1,400
•

22 y4
107 y2

'.22

107

.

19%

►

500

12,400
-

200

14%

Oct

26% May

18

35

Sep

65

May

18

13 y4

Sep

18

Sep

13

47

Sep

81% July

13

15

Sep

30% May

13

10

15

48

Sep
Oct

70

Feb

14% Feb

5

Oct

20%

Jun

•

Dec

18% Nov
21% May

9%
16

227/a July 25

11

14 V*

Oct

59% Jan

30

38%

Oct

69%

Jun

Oct

112%

Jun

Oct

13%

Jan

32

Oct

68

Jan

22
July 25
108% Feb 24

17%

Nov

24%

APr

99%

Nov

4
21% Feb
51% Feb 13

16 y8

Oct

26%

Jun

38 y4

Oct

66%

Jan

15% Jan

3

13%

Oct

21% May

22% Jan

6

18%

Deo

71:

3

14

Deo

83%

Feb

Oct

12%

Jan

102

Mar 10

106

7% Feb

8

39% Feu

1

19% Feb

13
28
19

5%

5%

7

•7% Feb
112% Feb

8,800

20

400

105%

*104%

'

31%

31

19%

*19%

31%

31%

31%

30%

29

29

*2814

30%

28%

28%

5

4%

4%

•4%

4%

5

4%

!

*

*62

62

02

*62

63%

2%

3

2%

46%

45%

46

45%

'8%

8%

3

2%

*7%

3,600
200

6,000

8%

*7%
*85

89

2%

•2%

46

86

2%

46

*7%

8

*84 %

2%

35,300

45%

100

8

17%

17%

18

18

18%

17%,

18

5,900

United

36%

36%

37

37%

371/4

37%

800

United

10,400

United

37%
54

53%

20%

%

*20 ya

54

52%

53%

52%

54%

20%

20%

20%

20%

21

16%
107%

15%

16 i/a

"15%

15%

*107 y4

107%

♦i07y4

107%

16

15%

16%

16

15%

1512

*107%

10%

16%

20%

19%
104%

104%

!20

20%

104%

20%

18

*17.

*17

,

"

1O0 %
192

16%
*77

16%
79

footnotes see page 23.




T

17%
<99% TOO

•187

t

1 192

16%'
'77

10%
77

104

.

r;

■

*17

98 Va

*187 "
16
*77

17%
'99

:

11
(

>171/4

;

—

192

16

104

.

■

5,300

i9%

2,600

U S & Foreign

15%

II,200

-08%
187

•98%

' 187

*77

78

'40

107%

*104%. 106

3,04%

*15%. :.16

No par

17

107%

171/4

•17%

Fruit-Co
^—
Improvement

19%.

10734

19% "20

20

104 >1

I———

16 %'

15%,

*

:

1
«—.5
1

Co—T3%
inc. com
1
5% preferred———
100
United Paperbuard
—"... 10

I,700

'

15%

For

53

54

20 y8

Corp__

100
Electric Coal Cos
1——5
Engineering & Foundry-—5

Preferred

18 Va

20%

*99%

preference
Dyewood

36%

20%

*187

$3

United

36%

86%

preferred-—100

United Corp ^common

1R

■

53 y4

*101

$3.50 convertible

30
'

107%

United Cig-Whelan

18

*87

*37%

No par
Corp___No par
Stores com—30c

United Carbon Co——

89

86%

No par

Biscuit 'Co

United

89 yB

*84%

No par

preferred

United-Carr Fastener

1,000

*7% ■

—

common——5
100
United Air Lines Inc cbmmoh—.10
4%% cumulative preferred—100

40

63%

45%

2%

45%

'814

*62%

63%

*62

Car

'

*17

,

98%
*184

16%
'*17

17%
99%
187

16%
79

United Gas

United Mereh & Mfrs
;

—

,

200

2,900
10

1,000
90

NO par
No par
Freight Co——^———NO par

$4:50

■80
U

8

Securities
preferred ——

Co common-—«— 20
preferred——~i——-100

U 6 jGypsum

7%

.

Corp—w/_l5
preferred-—^100

U S Hoffman Machine

4%%

\

|
\

.)

Jan

:

/

Mar

114

20

105

Sep

Sep

16

16

Sep

22% May

38% Jan

8

37%

Oct

63% May

26

48

Jan

8

46%

Nov

'79

104

Jun

27

102%

Deo

100%

16

Feb

11

11%

Oct

24

Apr

51% Feb 18

43%

Dec

71%

Apr

:

11% Nov

26%

Jan

!

15% Mar

5

May

i

Jan

'

Year 1946

share
2

$ per

$ per share

share

'

Highest

Lowest

Highest

$ per share

15% July 23
58% Feb

7

49

80% May

Sep

23%

Apr

15% Jan 25

12

Nov

25% May 19

par

United Aircraft Corp

'

03

•46

800

19%

30

19 y2

31%

4%

5

4%

19%

31%

19%

*28 y4

30 %

*28%

20

19%
31

19%

19

31

Tank

:

Feb

112

9% May 17

,-5

35% July 28

23

Jan

39

May

110% July 11
115
Mar 31

88

Sep

123

Apr
Jan

89% Jan

15

xll2y4 Jan

par
par
par
No par

$3.50

convertible

Feb

17%

16% Feb

43% May 19

par

series
Unitin Oil of -California——:
25
Union Pacific RR Co trommon—^^100
4% .non-cUhi preferred
—100

5%

Jun

18

60% Feb

24

12% July

1

Paper———/No
Union Carbide & Carbon—No
Un El Co of Mo pfd $4.50 ser__No
Preferred $3.70 series
^-'No
Bag &!

Union

$ per

Par

Corp (The)
—
Underwood Corp
1.1
Union Asbestos & Rubber Co

Preferred

Jun

Sep

Range for Previous

Udylite

Union

18

32%

137/a Feb

Lowest

'i.

i

Sep
Oct

60%

21

Range Since January 1

YORK STOCK
EXCHANGE
,

NEW

Sales for
the Week

Sept. 20

Sept. 25

Sept. 24
4 per share

4 per share

'f per share

PRICES

Wednesday

Sept. 23

Sept. 22

Sept. 20
I per

SALE

Tuesday

Monday

Saturday

HIGH

Mar

46%

July 24

U
AND

July

~9%

STOCKS
LOW

19% May

17% Feb

Sep 8
Aug 21

25

34%
100
7%
' 36%
B7/a

13

Sep

21% Feb

101
Jun 2
15% May 19

preferred—

Truax-Traer Corp__.—

Dec

59% Feb

May 19
102 Vi Jan 2
15% May 19
40% May 13
' 10% May 17
13 % May 17
14
May 13
5 % May 19

-5

Axle—z

Jan

6%
14%

58% Feb

18

Water Associated

Tide

16%

11%

15%

6%

27

19%

4

4%

.

^100.
Thompson-Gtarrett Co com-_No par
-

11%

9

29

38
May 19
98
May 21
-3% May 17
20
May 19

Products com—No par

-4%' preferred

106%

'ley#

17%'

*15

*106

300

*4

*25

27

.20%

47

47%

^11%
17%

4

99

•

16%

167/a

♦16%

180

106%

107

107

99

Thompson

800

100

4

41/a

♦25

20%

43%

999%

100%

"

"

4%

43%

4

*99

99

*4

43%

43

43%

*42%'

43%

17

36% Aug 18

Sep 15

10

-2—__25;

(J R)

Jan

16%

7% Nov

Feb

58

15% Jan 16
41
Jan 13
13
Sep 8
51
Sep 23
12
May 19
9% May 19
49V8Sep 26
'6% Aug 21
16% Jan 4

(The)

Thomas Steel Co

*20%

10 %

99

25%

7%-

..

800

2l

42%

100

7%'

7%

"7%

*7%

49%

7%

No par
:
101

Sulphur^__^

^1

36% Jan
41
Feb
109% Ang

15
'687/a July 28
2 % Sep 17
17% July 28

1% Sep 23

;

————

Feb

41%

7% Jan

10 Ve Jan 13
-46% May 27
21'% Jan 13

Producing—

:)

Aug

21

Nov

19 Va
101

20% Aug

t

25

—

Texas

54%

*52

.

Rights

3,100

Dec

23

55% Apr

f

14

May 16
37/a May 16

13% May 20
' 53% Sep 26

.—5

441,000

337/a

f45%

(The)l

Texas Co

.

May

Nov

25% Nov

13

Apr

35% May

10% Feb

10

-_5

x

1%

.

25

Sep

31

104% Mar 11

5% May 19

^9

i

Corp

15 >/4

1%

53%

14%

(James)
Corp_—

Tennessee

07% Jun

2714 Jan
28% Feb

.2

T

-

.Telautograph

1,800
92,000

17%

34%
47%

l

28
1

Talcott

54"%

28%'

Apr

19

Jan

13% Sep

19

'37% Jan

100

Inc

19% Nov

9

21% Sep

160

38

2

20% May

24

Oct
Oct

7

30% Jun
•

66% Aug

Oct

5

14% Jan

Jun
May

14

Sep

102

i____25

Co—

78%

124% Aug

10%

Mar

-47

38% July

24% May
May

110

17%

24% Feb

May 19

May 19

23% Apr

42%

<

July 25

128

Apr

T% Oct

18

45% Jan

Sep

61%
117

4.162/3

(The)

10 Va

10

34%
28

13

SWift International Ltd—

54%

*45%

;25

700

♦17

15%

53

1%

113

i

—

Sylvania Elec Prod Inc com—No par
84 preferred-—.:—^
No par
Symington GoUld " Corp
21 ■■

99%

5

.5

17%

*141/4

12% Sep

7% Jan

Swiit &

*9%

85%

16

75% Mar 24
123
July 10

10

Jan

32% May'27

1,400

*99

10%

*10

17

IO

May 26

"

1,18

2,200
2,900

33 y4

,22%

*6 %•

10%

*10

51/4

•5

10

103%

36

Corp

.

10

17

51

,

Paper

Sweets Co of America

23

-0%

>

6%

Sutherland

-

10%

•TO

S

109% Apr

•

Superior Steel

100

18%

*17%

90%

"

"

6%

*6%

*

Sep

15% Feb

July 28

3,400

15%

Nov

10% May 19
105

21%

*106

Oct
Oct

12%

21%

*33%

.

11

3
8

.23%

; 6%

18%

£

Feb

17

17

23%

100%

14%

25% Feb

23% Feb

,33%

6%

L10 % May 19
16
May 19

17% May 30
101% Jan 13

18%

.22%

39% May
93
Feb

No par

18%

*99%

28% May

Jan

Superheater Co <The)___
Superior Oil Pi California

*17%

6%

Oct
Dec

9%

.

May

63

21

9%

39y4

100%

26% Aug

109% Aug

13%

13% Mar

16%

Jun

20 y4

8% May 19

108

Jun

63%

Oct

-

i__10c

21%

Feb

86

3

Sunshine Mining Co.

21%

25

4

21%

.

July

30

21% Jan

Sunshine Biscuits Inc12.50'

,

78% May
108% Jan

241/4 Jan

y4 Jun

19

1,300

.

49% May

3

-

1,300

.

-

18%

6%

33% Sep 18
7
19% Feb

9

9%

*38%

22%

16%

38%

*17%:

*991/2

31% Sep

Sep

60% Aug

41% Jan
102% Oct

•

2
'5

'93/a

108

22%

18

Jan
49
104% Mar

9%

40%

.

"

12%

,18,%

23%

May 20

37

38%

*39%

21

Oil

Suhray

Feb

Sep 22
Jan
2

13% May 17
14% May 13

(4%% eum)__#__l00

pfd

49
45

12%

*17%

23%

55,500

A

37% Nov

7

3

39

34

33%

Class

11

May 17

-

No par
comxnon„^___^__Noj)ar

Sun Oil Co

29

38%

*38%

*171/2

„

€0

J'^

12%

40 Vs

*391/2

600

.

121%

20% Mar

12

:L-.l

Corp common

Apr

01% Nov

37

$4.50 series A preferred

106%
.53%.

531/4

-

*120

121%

*120

Chemical

Sun

Apr

17% Fto

*35% May 13
102
Mar 14

Dec

149%

100% Dec
11
Oct

105

6

May

Oct

July 24

-411/4 Jun

55

00%

31% Ausr 19

10% May 19

Mar

Oct
'42% Feb
37
Feb

•

38

*15%

16

700

80

3

101% Jan

No par
3,500 / :Stone fe Websterl
Studebakei- Corp (The)l__Li___>__l

11%

10

May

'60% May

78

July 24

Mar 17

Apr

55

Oct

70

19

va July 21

63

10,300

11%

Feb

125
44

23% Jan

24%

185%

114% Feb 18

'

63

37 % May

Stokley-Van Camp Inc common___l
5%. prior preferred
___l20

300

May 17

5.0% Mar 11

(J P) & ;Co lnc/____^._-,_i'5

Stevens

*

May 17

89

"Stewart-Warner Corp__:___i„"___L5

20 y4

20%

81

£

36% Jan

Apr

118

.08% Dec

20%

Jan

39%

109% Apr

34% Nov

■

102

17% May 16

July

40%

6

Jan

37%

3
20

104

Dec

Aug 1'4

'

26 V2 Jun

j__100

preferred—

.

1,900

y4

22

3%'%

6

'112% Feb ll

16

97% Jun

J—1

tnc__

2,900

V

21%

,37%

.

108%

15%

16

IS 1/2

,

108

111

*198

15

'.131/4

>

'21 'A

9%

32%
*14%

21%

"9%

•

4,200

33%

14%

.,.12% .12%

12%

37

-32%

32%

106%
,*53y4w53%
120
.120

121/4

100

♦101

4
£

109% Jan

.Sterling Drug fine common____/.J__5

4,200

ooy4 Feb
18% Feb

•45% Jan

Sep

14% Nov
84% Sep
15% Sep
33% Feb
107% Oct

7

May 12

(The) L S__^^_^^No,par

Stcrchi Bros Stores

300

r

i 37%
102 %

31%

"14%

,

♦104%

53 y4

102 %

.

21

19%

106%

53%

.

102%

14

' *13%

38%

Starrett Co

200

•47

*43

13%

37%

"

14%

*11%

12

47

J 3%

33

.

*20%

^13%

*104%

106%

.64 '/a

120

21 %.

'13%'
20%

42

-102%

21%

20

12

*11%
♦104

22%

*11%

13

42

*43

38%

14%

,

13%

•"

21

20%

15

*20%

20%

<119%

32%

14%

.

2,300
20b

13

iry4 Feb

May

i8%

25

23% Feb

27

02

93% Jan 13
31% July 14

May 19

32

3% % prefeirred series A__v.__J100
Standard Steel Spring common—Jl
4% convertible preferred
:___5o

100

43

Oil Of Ohio common

Standard

104

12%

.14

;32%

32%

' ,

15

12%

47

21%

v

14%

*102%

*42

•

*102%

103

*102%

103

♦102%

27%
104%

iSTew Jetsey___

Standard Oil Of

11% Nov

13% May 19

:25
:25
10

Standard Oil Of Indiana—

10,300

27,500
20,100

'26%

43

38%-

:<

73 V2

25%

*io3y2

t

14

38%

38

38%

38 '/a

72%

13%

12%

.13

43

10,700

39%

74%

27 y4

:104

2,500

6,200

;

,

5814

57%

73

>12%

141/4

118

116% 118%
39%

13'/4
45

'29%

43,900

110%

39%
74%
27%

27y8:

141/4

500

121

58%

•104

481

6,700

103

109

58 y4

44%

*43

80

28%

28%

28'%

27%

111%

28%
*98

,

71% May 20

Squibb (E R) & Sons common—;1
$4 preferred—
_No par
Standard Brand® Inc 'com
No par
$3.80 cum preferred-.j_____no par
Standard G & E Co $4 pref _-Nb par
$6 prior pr0ferred_^_^_____No par
$7 prior preTetred__'_^_,
No par
."Standard Oil /of fCaltfornia__No par

60p

27

Jun

Apr

30%

13% Jan

!«% Oct

,

1

14% Jan

May 19

8

r5

Square ,D Cc__—

8

23% Sep
8
16% May 19

preferred——No par

$4.50

Conv

j101%

♦110%

29%

101%

58%

72%

29%

105

♦104:

'•

105

•104

32%

393/'a

'75%

„

32%

■

58 14

,59%

58%
<

10
78'/a

V

2,100

33

108

117

113%

114

111

110

108 %

50

16

*99

106 y»

101

100

75

29

28%

27%

28%

26%

97%

11'A

16

*116% 111%

99

99

99

99

100

31%
75

*32

29%

28%

29

29

7,500

16%

11%

16

33

22 y»

■

76

■

7% Feb

4 per share

10% Nor

4

76
,

Spencer Kellogg

1,000
10,100

20% Feb

6

„_i

No par
& Sons new_—
_1
Sperry Corp (The) —
„i—1
Spiegel Inc common—r—
2

~30

26%

21%

22%

11 y4

-

*110% 111%

111%

111

111%

28%

STOCK

32%

32%

33

33

M*%

0%

*75

16

16
*32%,

>

16%

.

76

*75

76

*75

11%

11 %

11%

11%

11%

'73

EXCHANGE

Spear &. Co cammonJ...
$5.50 preferred——

9%

81%

$ per share

share

4l/8 May 19

lnc_i
:l
Withingtfon————_No par

Sparks

1,100

78%

81%

22%

-

5

5

;

*81/2

11%

.

5

$ per share

May 17

i5

Spalding (A G) & Bros

700

19

5

26%

26%

»

19

19%

*19

-

■55

514

*

20

y$ per

Par

'

Shares

share

91/2
87

•81%

'■

*i9y4-

'■

'

<

S per

$ per share

shhre

$ per

Year 1940
.
Hig'hest

....

Lowest

Highest

Lowest

EXCHANGE

the Week

1

Range Since January

YORK STOCK

NEW

Bales for

■S'A

"5Va
•8%

'

Sept. 20

20

20

20

,

Sept. 25

<

share

$ per

4 per share

tfoare

Thursday

Friday

Sept. 24

AND HIGH
Tuesday

Sept, 23

Sept. 22

Sept. 20
$ per

SALE PRICES
Wednesday

29,1947

Monday, September

CHRONICLE

COMMERCIAL & FINANCIAL

THE
:22

29

111

Jun

115%

104% May 14

106

July 18

108

Feb

111

14
Apr 14
Apr 15

104

Jun

6

96

Deo

107%

147

July 28

110

Oct

168%

3
May 21

111

Feb 26

102%

Oct

120% Mar

Sep
Nov

42% Jan

99% Feb
20
120
,

Jan

105
30

16% May 19

15
18% Sep
4
101% Sep - 2

103% Jan

24% July 28

38% Feb 10
23% Sep
110

Sep

28% Apr
120% Apr

17

5
2
1

18 % Sep

9
10

32

10%
101

Oct
Jun

May

37%
119

Dec

64%

19% Nov

Feb

Jan
Jan

Jan

22% July 25

28% Jun

29

20% Nov

32% July 25

26% Jan 15

4% May 16
55% JUn

10

2% May 19
45% Sep
6 % May

15
28

78% May 22

32

Feb

8

8% Feb

8

Jan

10

83

4% Jan 81

23%

Oct

40

6%

Oct

17%

Deo

89

78

3y4
44

7%

Oct

27

10% Feb

10

Jan

2

71% Mar.

12% Nov

8%

Apr

Sep
Jan

56% July

Oct

53 % Mar
95

May

16% Aug

Deo

105% Aug

21%

Feb

Jan

11% May 20

18% Sep

18

May 17

43% Jan

2

34%

Deo

60

Oct

63% Aug

Oct
Oct

33

44% Jan

14

59% July 25

41%

20% Sep

23

24 % Jan

0

18%

17
110% Apr -12
19% Feb 21

12 y4

12% May 17

104% Jun
Jan

12

17
16;

15% May 19

May 28

102

12% May 19
86

.

19% Feb

21% Feb

13

Aug
Jan

Oct

:0%

Sep

18% July

Oct

32% May

18%

109%

July;

Jan 28

101

Nov

19% Aug 29

13

Nov

29% Feb

93

Sep

May
>205
Sep
47% Apr

106

11.

May 19

107% Feb

JUly 16.

196% Mar £9
33% Jan

26

Dee
Fab

77

94

90

Sep

11
Aug 26

Apr

22

104%

14% Sep

'187

30%
110

-

«
Feb IB

187%

132

„

90%

Aug

Volume 166

Number 4633

THE

COMMERCIAL

NEW
LOW

Sept. 80
$ per

$

share

45

45

7

Sept. 24

$

7

$

share v

per

44%

Thursday
•

share

per

S per share

•,

,45

45

7

7

7

34

34

33%

18%'

19 %

19"

32 %

33%

33%.

331'a

19 %

19%

13%

19 y2

10

*9%

42%

42

9%
*51%

7%

7%

*

STOCK

74%

71
145

19%

*19%

20

19%

46

*43%

46

*43%

19%
*44

%.

'

19%

9%

9

9%
108

*104

*44 %

7%

400

74%

68%

69%

20

20

9%

9%

108

*104

7%

7'A

44 %

-44'/a

17%

*'17%

17%

7%

7%

7%
183

<

-7%

*182y8

,

""

7

100%

100

100

183

99%

99%

99%
*181

183

183

19%

18% '

18%

72%

19

*71%

71'A

71'A

15%

7%

-

18'%

■

15%

15%

15%

15%

15 y2

*15iA

32%

32%

*32

32%

14%

14%

14

14%

*14

>

29%

29%
*82%

29%

29%

*83

87%
:

*83%

45%

45 % '

,

101

7%

29%

90

92

91

15

15%

*117
*90

92

*

36

36

%

34%
*

35

'

32 %

88

33

Pictures Co

163/4

1,700

Vanadium Corp

15%

*151/4

151/a

1,200

Van

Norman

*32%

33

300

Van

Raalte

^

-

Inc

14'A

29%

*83

87

*84%

e.-,

'45%. '453A

■

Vertientes-Camaguey Sugar Co..6y2

1,800

Vick Chemical Co—....

..2.50
Vicks Shreve & Pacific Ry corn—100

'

87%

87%.

V

86%
1

451/2

*44%;

,

5%

8%

92

93%

15

153/a

151/a

117%

•117%

118

i

60'

91

94

100

!

40

35%
34

-

15%
118i/2

*88

36

36

34'/a

34%'

•34-"

32%

32%

♦32'A

91

33

35%

35%

8

92%
15%

■

13

$5

'

3534

36

36

34%

33

33%

f

32

32 3A

323A

i

4,900(

preferred

;

Virginian Ry Co
6% preferred

2,000,
200

32%

*31%

32%

*31

32%

*31

32%

*31

32%

Vuican

*32

33%

*32

33'/a

*32

33'%

*32

33%

*32

33%

7%

166

4% Sep
7% Oct

25

10% Jan

30

7

26

Jun

52

Feb

17

41

22

17

Feb

7

11% Feb

10

8

Feb

102% Sep

8

91

192

7

187

Nov

29% Feb

Sep

69

15

13

27% Feb
22
Apr
110% Jan
200% Apr

49%

77% Dm

7

Jan

101

Apr

Feb

17H Hot

39

18

15%

Oct

13

35

Nov

20% Jan

2

25% Apr
68% Apr

15%

Sep

39

6

30

Oct

83%

Oct

13

91%

NOV

49% Aug 18
104% May 14
9% Mar 0

15

36%
100

Deo

Feb

94% Feb 20

8

94

.May 19

Jan

94% Aug

1

ltv'A Sep
121
Feb

22

117% Sep 25
85'
Aug 25

-.26

Feb

July

Feb

187a Feb

30

Sep

18% Deo

3

91% Feb

Jan

11% July
54

May

25

Mar

9

Jun

9% Jan
20% Apr

Nov

20

Jun

128

Deo

17

25

Sep

-

Sep
Sep

20

Sep 12
5% May 19

-

4

100% Nov

35% May l9

100

common—

Deo
Nov

21

26%

115

Feb

53

May

Sep

108% Aug
12% Jan

5% Deo
Sep

100

<•

5

Sep

63 %

99% July

117% Deo

26

80
40

123% Apr
105
Apr
63
JUly

Jan

21

Deo

17

37

35% Sep

23

45

25

33

Sep

26

40

32

Sep

a

38

Feb

'il

Jiuy 28

33

Aug 13

20

30

Aug 21

32

Sep

preferred——100

57

Apr

Jun

51% Apr
May

113

3

(The), class A_..__..5

Visking Corp

*31 Va

pfd

Feb

97% Feb

18

100

100

Iron Coal & Coke 5 %

71/2 Sep
12% Feb

22

28

6% div partic preferred—
100
Virginia Elec & Pwr Co com—No par
Va

142

Feb

89

Oct

109% Jun

Jan 27

41

89

3%% cumulative preferred
100
Va-Carolina Chemical oom__.No
par

'8,100

*32%

34%

-

101

'

117%

91

*99

:
7%
*91

Jan

85'A Aug

100

Victor Chemical Works commons._5

1,700
!
30
I 7,600
! 1,400

,8

101

preferred—

non-cum

65%

84%

Sep

X72

Mar 27

Feb

29% Jan

13y«Mayi7

i0

293A

29%

30.;"-'

*83

*84

150

14% May 21
30% May 17
12 V* May 19

.2.50

4,600

8

Apr

55%

71

of America..No par

14i/a

14

/

40% Oct

28

Oct

80

187

Nov

47

15'A Sep

100

Inc..

144

20% Nov

May
4Vi May
79% May
165
May

com„L.l

Co—....

Co

Feb

106

48% NOV

11

79% Feb

84
Apr
39% Deo

Deo

Sep

19

6% Sep

?1

prelerred-.—;

323/4

..

92

*117%

92

4'A%

101

15

118%

Universal

6Q

8%

.

92

15%

118

i

101%

8

--

93

,15%

,

118

29%.
87%

*101

8>A

;

*16%

! 1,400

11

Feb

Sep

100

21

102

Universal Laboratories Inc
1
Universal-Leaf Tobacco com—No par
8%
preferred-..—1—^
—100

32%
14.,

*83i% ; 88
45% '46'

101%

7%

..I

18'A

Nov

36%

Feb

16

72

35
69

23

44

10

5

Jan

48% Feb

Universal-Cvclops Steel Corp

580

26% Aug
11 % July
60 % May

Dec

51% July 28
81

13

8

iNo par

-

*83

45 Va

45%
*101

101

7%

16%

I

Jan

9

19

60y2 Feb

1

Jan

100
i 1,400

2

165

May 19

5

t

2d pfd—5

non-c

preferred,

13%

19% Apr 29

^_1

400

J

7

18'A

conv

*15'A
'

•

141%

87 '/2

'

*

'•

$6

May
13% Jan

44

44% May

25

.o.

Corp.t,,

United Wall Paper Inc common—2
4%- cum conv preferred—,.
_-50

183

*70

.l_No pa?

preferred

United Stores $4.20

Feb

Jan

62

Sep
Sep

6%

103% July 24

61 'A May 19
140
May 19

100

Stockyards

73

5

68

37% Nov

10

39

$ per share

25

July 24

10
Apr
44% Feb

38% May 17

No par

13

23% July 16

16

U S Tobacco Co.

6,300

100

.

18%
7iy4

•', 46

15%

■'

88

.

*83%

88

15%' :

7

100

40% Jun
142 Ve Jun

50

"

Highest

S per share

8% July 24
39

23

_lo
com

common.^

non-cum

JuA

preferred_i__100
__50

Corp

United-

7'w

,100

Lowest

53% Feb

May 19
49% May 24
23 Va May 19

100

common

non-cum ,1st

Steel

13

35

lo

Smelting Ref & Min

S

Jan

53/a May 19

20

Preferred

1,800

I81/4

*182%

183

18 %

15%

32%

.'

7%
100 1

71

-72%

15%

,

■

100

*32%

15%

7%

-

Co

*41

10

i

Preferred
U

! 5,400

45

.

7

I 1,000

71/a

*17%

9 V* Jan

preferred

!

10

*42

-

17%

*182%

-■

18%

*71

45

17%

22

Rubber

S

108

•

6%

3

16 V« Jan

-8%

3,000

7

9%

.

S

400

20

*104

7%

*42

18

'

<

10 Va

-108

6%

25% Jan

^____1

S Plywood Corp common,
3%% cum pfd series A-i

U

19,800

46

.6%-

No par

'

143'%

*43%
•

7 "/a

U

1,600

*74'A
143

46

7

-

-

45%

*44

17%

9%

*104

108

7%

46%

17%

7-7

9%

*104

'

7%

7%

'7y8

U

46%

No par

A

Pipe (is Foundry.
S PlayinB Card Co_i._:

U

6,800

'

7

7%

b'/a

100

147

40%

common

S

j

t per share

class

Co

conv

Lines Co common

4y2%

j3,500
110

.

44 %

*145 Va

70%

*43%

i

53%

28%
101%

44 %

144

20

46

-

74%

68%

143%

U

28

47%

74%;

70 %
145

50 6
i 1,200
!

9%.
41 »/4

$ per share

No par

Partic &

Year 1948

Highest

Leather

U S

*53

147

47 %

74%

68%
144

'

23

Range for Previous

Range Since January 1
Lowest

Industrial Chemicals

S

;.3,200f

■101%

44%

*145%

47%

*73%

68%

7iy8
145

53 %<

44

147

47%-

144%

70%
144%

53%

44%

147
1

49 %

*73 %

74%

74 >/4

CLOSED

44%'

147

x47%

50

49 %

EXCHANGE

147'

147

147

45%

U

1,500
1,300

!

19

41-

27%
28%
*101V'2 102

102

i

S

34

*9%

42

53%
23%

.

102

7 V2

U

19

9%

42

STOCK

Par

i 4,100

34

34

YORK

EXCHANGE

Shares

43

7'A

NEW

the Week

share

42%

"19%

*9%

42

28

102

44 y2

45%

44 %

9%

'

*52'%

'■29%

29*

*101%

102

102

9%
42

'

53

*51%

52»/a

29%

*29%
1

9%
42

f per

45'

43

-

41%

(1271)

RECORD

Sales for

Friday
Sept. 26

Sept. 25

,

45

7

STOCK

CHRONICLE

STOCKS

Wednesday

Sept. 28

share

per

YORK

FINANCIAL

PRICES

Tuesday

Monday
Sept. 22

Saturday

SALE

HIGH

AND

&

:

Detaining Co
cumulative

emmaon

preferred

Fen

Jan

Sep
32% Nov

17

45 % Jan
52

Apr

15

w
*69
•

72%

16%

*68

70%

*68

70%

*68

72%

*69

Wabash

RR

15%

15 %

*15%

16'A

*15%

16'A

16

16

400

Waldorf

32

32'A

System

*31%

32'A

33

33%

33i/a

800

Walgreen

16%
33

*105%

107

*20%

*"

*105

r.

20%

9%

12

94%

96%

13%

*24%
38%

104%

*95%

25%
39 y2

40

40

104%

14

103

12

96%

22%

22%

21%

21%

13%

13%

25'A

*24iA

39

101 y2

39

103

102

102%

*23

.23%

*21

21%

21v

*20%

21%

*20%

21%

*32%

33%

*32i%

33"

6%

6® 8

6%

*6%

43%

44 «/4

117%

117%

*116%

118

109%

*109%

Monday
Sept. 22

Saturday
i

Sept, 80

'

-

I per share

.7'A!

34%

♦103

*35%

32%

46%

95%

97

9

?

C'rf

26%

*113/4-

12

*85

33

*31%

33

*31%

8%

i

' J

r

1

89 %

-

-.

60%

45 '/a

85%

45%

■

t

..y

Sep

43% July

89% Aug
Apr

Aug
Feb

113% Oct
32% Nov
111% Sep

119% May
53% Jun

3

May
July

32% May 19
1109% Aug

45

Feb 24

113

8

Jbn

27

45

116% Apr

26 »/4

-33

-

*83%

85%

90%

90%

Pacific

RR

series

pfd

$ per share

3,80%
Weston

74

cum

Eldc

10% Jan

93

Jan

57

35

Jan

C%

42% Feb 48

27

90

71

Oct

Sep
,

8

14

Maf 29

26% Sep

17
1

Jan

5%%

2,000

17%

1,900

24

'

$4

V

Prior

60JA

Willys-Overland Motors com..1—1
$4.50 conv pfd series A.
No par

'

600

^

17%

>

'

58 3A

1,500

453/a

7,400

57
85 y4

70.

92

30 *

68 '/a

68

68

68

*63%

65

*63%

64%

63%

64

'64

10%

10 %'

10

10 »A

02-"*

*89

•

—5

—

Wilson-Jones Co
Woodward Iron

.No par
—10

l

6%

pfd—.100

Co

(F W)

lo

Co..

10

Worthington P & M (Del)—NO par
Prior pfd 4%% series...^
loo
Priorpfd 4%% conv series.—100
Wright Aeronautical
..No par
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co..
_s

900

10 y4

No par

com.,

preferred

Woolworth

40

65

10'A

'

600

68

-

Co

Wisconsin El Pow Co

85

1

$4.25

3,100

58%

*65

Oil

Wilson & Co Inc

145

56%

68

^-28

Wilcox

1,000

89

preferred.—i

6,700'
4,600

89

conv

4,400

13%

*64

1

8%

45
"

—_

Machine com
1
preferred.....—.No par

83/4

943A

*136

—20

Sewing

r

___

Nb par

1,700

36
Aug
1
102% July 18
67
Apr '8

99

May

103

31

May 19

93% Sep

1—.100

preferred

—

.White

100

conv

May 14

62'/a Mar 27

—No par

$5 conv prior pref
White Dental Mfg (The S S)
White Motor Co__._

1.100

y

54iA-

*163A

,.

145

preferred..

Wheeling Steel Corp com.—No par

-

180,

133/4

1

26

Common' .j.———No par

v

94
May
26% May
19 Va May
9% May

24
2

Jan

Jun

Deo

95

May

39% Jan

Feb

1

08

Nov

63

Aug

72

Jan

Oct

106

Jan

107% Jan

36% Nov

62% May

90% Nov

107% July

7

27% Feb

44

May

44

Jan

29% Feb

8

21% Nov

19

17 % Feb

1

11% NOV

90

Feb

3

81% Sep

34

Feb

13

30

9% July 28
13% Feb 11

9

July 31
29% May 13
51% May 17
6% May 17

10

-

56

23% July
105
July

Nov

36

6% Oct

15% July 24

94% Sep

99

12%

Sep

21

28

95%

Sep

101

2T

19% Mar 18

15%

145 Va May 19
43
Jan
2

145 Va May 19

142

Oct
Mar

34

Feb

T6

43

Jun

May 19

48% May 19

Jan

60% Aug 29
Feb

1

68% Feb

13

Jun

11

84

Jun

9

100

Feb

20

59

Aug 14
Sep 10
May 17

80

Feb

,8

63

8

160

94 Va Apr

70% Mar

18% Feb

3

6

100

May

106

13% Deo

Apr

103

75% Deo
89% Oct

10

Jun

52
May
62% May
74
Aug

47
Sep
84% Sep
87% Sep

83

July
July

21% Feb

43% Sep

53

May

12% Jan
26% Jan

Nov

Aug 12

10% May 19
26

Deo

63% Jun

100

13

46% Sep 18
101% Mar 31
34

Apr

41%

19

84

51% Sep

.

28
19

Feb

Jun

39

.106

55

56%
53%

91

7

30% July 28
Aug 20
106% July 21

2

32% Jan
101

18% Oct
26% Oct
21% Nov

'

36% Aug

Jan

90% May
13% Jan

Sep
Sep
Sep

102% Sep 26
35% Jutt
8

'—12.50

$ per share

7% Deo

6

( 3

20

11

Highest

,

$ per share

4

7% Feb

17
May 19
27% May 19
22% May 19

par

—No par

Instrument

Jun

Year 1946

Lowest

73%. Jan

May 16
9% May 17
27 % Sep
5

pfd series A.:
.100
pfd series B__„jIOO

cum

$ per share

4

100

Teleg class A.No

Highest

5% May 19
38% May 19

com__A_No par

v

r

..

Lowest,-

At-———100

-

$3.75

943/4

14 '/a

85

•

70

88

*8%

95-.

85

Range Since January 1
"

,

Wheeling & L Erie Ry com—.100

33

8%

*P9%

700

11%

*31%

8%

5?'/2

85'/a

Range for Previous

*

"

«

Westihghouse Air Brake
WesfcinghoUse Fi«etri»
3 Wo

•

300 <•

^

45'A

*84

1

80

26%

11%
*85

-

571/a

'

STOCK

Inc——_—i—l

2nd

non-cum

Western Union

30

53%

*59

YORK

EXCHANGE

Preferred

17,200

953A

•

45V8

*56

4%

Western

3,900 !

45

-

8%

*136

1,000 <

102

44%

95%

95

■'1

2,600 ;

1,600

531/4

*16%

'

....

Par

1,600

*29

1-3%
1

NEW

:
.•

Feb

82% Apr
25% Jun

i

.-1

Sep

85%

117% Aug

110% Jan..

;

.j

31%
29

Westvaco Chlorine Prod—

-

57

57%

10%

Feb

116% Aug 19

73

*101%

45%

*57

10%

Apr

90

34% Jan

Apr

7

94

10%

10

48

16

83% May 22
21% May 19

Feb

113

32%

65%

65

9%

34%

West Penn Power 4%% pfd
100
West Va Pulp & Paper com„No par
4'% % preferred
—100

93%

-

8'/2

60 y4

45%

37% Jan

.

AUto Supply Co—1—i.10
Maryland Ry oomi—.100

361%-

531/4

14

144

*59

Jan

Sep

119

Western

>-

70

*67

' j

59

45%

89%
■

1

8s/a

8%

53%*

17%'

60%

Sep

47%
16%

12% Jan

May 17

122%

Western

•

-

102%

*68

88

-95%-

58%

29%

Sep
Sep

20

Sep

32 y4*
••

26%

12

13%

60 %

-30

88

*136

Oct

31

8

Feb

Jan

-4,400

-

*35

97
-

12

144

20%

23% Feb

Deo

106

10,100

102%
*

'45%

*85 '

*16%

*136

26% Feb
41

22

108

Air Lines

-

300 to 101

102

-

45%
*29

*94%

-

'

-

35%

*95%-

17'%

142

27 '/a

12

8%

Deo

35% Mar

Jan

115

400

26%

72

27

-

24%

93%

102

46%

3

'

34%

32%

30

8%

39

25%

17

27

14

Western

78

233A

93%

101%

'

34%

32'A

97

X53%

18% Jan

Sep

106 % Sep

14

700 r

-

-

29%

297/s
*77

104%
-

*68

14%

f

'

»

\.t

■

r f

v

V

35%

i

i

35%

13%

34

13

13%

•44%

45%
18%

f

*17%
69%
*17

2

35%

72

8%

17

41

13

117*% Mar 11

the Week

-

6 '/a

24%

103

104-%

37

93%

9

Jan

112% Jan

1,300

-

19

34% :

,103-

105%

447/a

6 '/a

19

26% -27%

* v

7%

44%

77,t?
-

33 %

32%

53%-

50

121% Jan

Shares

*7 V4

301/a
-

23%

27%

32%

8%

23% Aug

Nov

-

6

Sales for
(

t per share

6%

77■

'v

95 y4

•)»

I <

34

17

85%

l'

►.

93%

53%

Oct

22

105

70

18%

30

<>

14

58%

i

-

*35%

26%

*44%
17%

35

34

13

34

12%

45%

*44%

f,34

45%'

173/4

♦17

n'/a"

69

17%

17

17

*16%

"

*44

69

r

34

13

44%

171/4

69%

34

13

44%

171/4

68

35

131/4
45 y3,

173/4

70

"17
.

17%

12%

12%"

600,

1,300
*

Yale

&

Towne

Mfg Co

—25

-.1.1

33 % Aug 28
10% May 19

45

Corp common
"4%% cum preferred

__so

41

50% Mar 31

York

-

100

-'200v

69 -■

70

69%

69%

7,600

16'A

16%

16%

16%"

Young Spring & Wire.
-.No
Youngstown Sheet & Tube—.No

1,500,

Youngstown Steel Door

par

par

—No par

May 19

Jan

11

14% Mayl9
53% May 17

72% Feb
21% Feb

13% Nov

21

May 17

Feb

27%

Jan

15%

18

15

23

61% July

Oct

33

3

16% Feb

35%

Jan

7

Oct

67% Sep
Nov

83% May
31

n

Jan

.

j

21%

<

i

•Bid

and

asked

21%

6i/a

6 'A

prices




no

•

*2iya

-

■

'-61/4

sate*

or.

21%
61/4

this

dav

21 y4

213A

21 '/a

21%

213/4

213A

6 y8

1,700

6 y4

6 'A

6 y4

*6y8

6'A

1,800

tin

i

16%

31

113% May 14

111%

45

6Va
-

951/4.

45 y#

i

30

104

96

Sep

6

—No par

.;

7

Jan

100

111%

7%

*18 '

-

25 i/a

14 y4

U

4

*103

'

Sep

18% Feb
28

100

1,000

Friday

*7.1/4

76 Va

•

>

96,%

*136

1.4'

4

27 Va

45

18% July
107"% Feb

preferred—.—.

.20

1

•

Sept. 26

45-

"17%

14

v,

33»%

105

100

preferred

42 34

.

xll% Mar

7

6';'o

42%

112

Jun

13

7%

10
•

113 %

423/4

Oct

19% Feb

20%

Sep
Sep

.*-1121/2

<

preferred—1

conv

West Indies Sugar Corp
1
West Penn Electric class A—No par

29%

Oct

30% May 23

No par

com

Jan

Nov

9%

106% Mar

May 14

99

23%

3

100

112"

$ per share

6Vs

*95%

IV
!

•

$4

Mar

105

7

13% Feb

240

116 y4

'

-*17%

v;

380

5,100
'

112

88

8

7%
54 %

v

111

July 17

24% Jan

22% Apr 28
177/a May 20
20% Apr 29

5

STOCKS

45

29%
24%

*29

27%

*31%

7%

'•

30

11%

-

233/4

Sept. 25

19y2

101%

95%

32%

53 V'4

102

95%
27

87%"

116

113%

Wesson Oil & Snowdr

1,900

113

*111%

Thursday

,

7'A

..

'

*68

46%

*85

8%

t

32%

88

32%

37

72

*29

%

12%

12
*85

105%

45%

30
27

27 %

28 'A

93%

*100%

102

*29

34%

93%
*68

72

43%

111

*my2

6%

75%

32%

94%

87%

23'A

*

'

•.

103

105 y4

46%

'

103

36 y2

93%

•

27%.

104*

*32

*

34%

105%

*68

*100%

45

29%
26

-

-

900

.

Apr

109

PRICES

*18

78

,*. 24%

28%

36%

CLOSED

*76

;
,

"

.

117

112

7»/a

45

29%

35 y8

28

EXCHANGE

7%
6%

74 y2

'

42%

$ per share

,

19 Va

26 y8

87

24%,

111

Sept. 24

61%

29%

28

SALE

43%,

113

*112%

Wednesday

18%

74%,,

*105'A

Tuesday
Sept. 23

45

117

"

6s/a

u"

6 y2

25%

STOCKo

HIGH

*

■

-23%

42

*111%

18%

*18

r

AND

•7 y8

45%w45%
6 %

112

44

*111%

113

42

$ per share

7%

.

113

42

*111%

LOW

t per share

114

42

112

87

24%
113

Waukesha Motor COv-SC.

6%

.

.

Apr

31

Wayne Knitting Mills.L.*_.
.5
Wayne Pump Co..:
—;
:1
Webster Tobacco Inc.——:—.—5

100

Jun

54

21

3%% cum conv preferred— .100
Washington Gas Light Co.._Np par

200

Feb

23%

Deo

May 21
94% Sep 23
13% Sep
9--

100

500

20%

86

Oct

33%

11

—1

common.

preferred—;

700

32

Sep

15%

103V2 Mar 17

23%

20%

86

11

xl7% May 14
7% May 19

.No par

Bros Pictures—.
5
Warren Foundry & Pipe——No
par
Warren Petroleum Corp com—.—5

990

It
25

367/a Feb

—No par

& W

Co

21

>

32

v

6%

43%

111

109%
*113

24%

1023/s

21t>

32%

G

78% Feb
177/a Jan

1.100

;

:

Warner

100

1,100

*23

No par

16

13% Apr 21
297/a Apr 30

No par

common.

Baking Co

5»/2%

38%

*1013/4

21%

6%

8 7Va

♦111

42%

♦111%

fc'7

25%

117

114

42 %

87%

112%

14

Co

(Hiram)

330

s

"

32%

43 %

25

110%

114

43%

*111

117%

109%

44

*20%

•

6%

Ward

7,500

•

25 »/4

38%

23% -23%

21 y2

87%

39

21

33 %

25%

963/4

13%

6%

87 y2

96 >A

*24%

*20%

111

Walworth

900

13%

*32%

25%

Walker

3,400

24'%

38%

21%

87V4

2,500

97/a

11%

24%'
-

104 Va
23

21%

111

20% *

96 y4

*

11%

4%%

preferred—.

11 3/8

*20Va

10

*95

4%

93/4

'20%

9%
11%

.

107

*105iA

13%

22%

43

107

20

9%

12

14'/a

*24%

*1051/4

•.

20 Va

9%

12

25%

14

107

19%

„

9%

11%

95

95

*105

21

20%,

9%

9%
♦Ill's

107

•-

70 3A

recelver&hip

a

Deferred

delive

r

New

atork

-

•

Cash

Zenith

Radio

Zonite

Corp^.j.

Products' CorpJ
■,

Kweial

snip*

;

wn

No par
,..^.1

wh»rr

14% May 19
5% Jun

d)sf.rih»uert

8

25

July

10% Jan

*-Bx-dividends

19%

Deo

42%

Jan

9

7

8ep

14%

Apr

31

v-Bx-rlghU

.1

4

*

i

E

I

f,

c

1

l

v

24

COMMERCIAL

THE

(1272)

&

Transactions at the New York Curb Exchange

Stock Exchange

Transactions at the New York

Daily, Weekly and Yearly

Daily, Weekly and Yearly
673,000
881,820
571,400
765.470
640,260

Closed
$28,000
60,000
45,000
26,000
24,000

$1,561,500

$2,629,000
3,300,000
2,287,000
3,485,000
2,960,000

3,531,950

$14,661,000

—

$183,000

*

_""

Tuesday"
Wednesday
Thursday

Friday—

'

Total

.

Weeifc Ended Sept.

$11,000

$16,416,500

54,381,620

34,065,200

662,845,700

^

943,398,900

$738,183,820

$35,384,200

$16,416,500;.

..

'

ir

the New York Stock Exchange as

on

Sept.

$1,250,000

$61,877,000

$53,560,000

240,000

4,769,000

9,339,000

10,000

2,000

460,000

384.000

$1,492,000

$67,106,000

$63,283,000

fact that

we

were

we are

not

to

publish the official volume of

indicating them below.

—

Bonds

151,075 shares

i

$258,000

176,955 shares

717,000

262,135 shares

372,000

214,570 shares

280,000

:

169,645 shares

312,000

974,380 shares

$1,939,000

51,833,366 shares

$65,054,000

—

10

Indus-

Grade

Utili-

Rails

Ralls

ties

First

40

.

total

Week's

—

Bonds

105.95

90.13

108.64

103.03

63.67

35.15

total

Year's

Closed

-

48.25

178.00

112,539,695

$1,659,000
383,000

*

Closed

22

52,803,216

Total

Second

trials

Stocks

tles

roads

trials

20

65

Utll-

Rail¬

Indus¬
Date—

1947

1946

Tuesday,

10

10

Sept.

Jan. 1 to Sept. 26
1946

Sept. 26

Stocks

Grade

10

to the

Due

Monday,

compiled by Dow, Jones & Co.

Total

624,000

2,223,480

~

Sept. 15
Sept., 16
—i.—L—
Wednesday, Sept. 17—.
Thursday, Sept. 18—
Friday, Sept. 19

bonds

of representative stocks and
Bonds—

IB

~

trading figures last week,

-Stocks20

30

$2,052,000

$1,023,541,000
• '
•"'fV '•

Stock and Bond Averages
the daily closing averages

;

Foreign corporate

NOTE:

listed

$383,000

969,850

Foreign government—

18,124,000

,

are

$1,659,000

$10,000

120,000

$2,052,000

61 997 200

14,661,000

__

504,000

403.000

308.000

390,000

303,000

200,740

2,000

Bonds

$18,145,000

$2,832,500

$327,000

$3,000

"si ooo

211,700

1947

$119,000

183,000

Total

-—

44,000

WeeA: Ended

1,200,000

$11,000

TotaL..

346,000

Stocks—No. of shares

1,561,500

International Bank
Railroad V Industrial—

272,000

139,730

Domestic

Tt.B. Government—

Below

223,475

969,850

278,614,385

179,318,261

Bonds

Closed

$90,000
129,000

$234,000

194,205

TotaL

1946

1947

——

—

Monday
Tuesday
Wednesday
Thursday
Friday—.

Foreign
Corporate

Government

Domestic

Shares)

to Sept. 26

Jan. 1

26

8,421,740

3,531,950

Stoafca—No. o! chares—

______

Sept. 26,1947

Saturday

$3,019,000
3 650,000
2.512 500
3 869,000
3 366,000

■

Bonds (Par Value)

Foreign

of
Week Ended

—

—

$11,000

1946

1947

Stocks

(Number

Bond

Sales

Bonds

.$351,000
290,000
180,500
358,000
382,000

——~~—~

Saturday
Monday

Government'

Bonds

Bonds

Bonds

Shares

Bank

Foreign

Number of and Miscel.

26, 1947

■Week Ended Sept.

Total

untied States

Int'l

Railroad

Stocks,

Monday, September 29, 1947

FINANCIAL CHRONICLE

101.94

23

35.02

62.98

102.98

108.36

90.19

105.80

Sept.

176.04

101.83

24

176.39

47.95

35.13

63.21

102.89

107.70

90.06

105.76

101.60

Sept.

47.54

34.95

62.80

102.85

106.99

89.84

101.26

25

175.29

105.37

Sept.

47.43

35.02

62.69

102.95

106.78

89.55

105.26

101.13

26

174.86

Sept.

—

47.54

Bond Record

New Yoirk Stock Exchange

«»
FRIDAY

NOTICE—Prices

"and

are

WEEKLY

-

week, and whan outside of the regular weekly range are shown in a footnote in the
The italic letters' in the column headed "Interest Period" indicate in each case

the

Figures

-

YEARLY
disregarded in the week's range, unless they are the only transactions of
No account is taken of such sales in computing the range for the year.

Cash and deferred delivery sales are

interest"—except for Income and defaulted bonds.

week in which they occur.

the month when the bonds mature.
after decimal point represent one or more 32d of a point.

'pv
■■■?.

LOW

Sept. 23

Sept. 22

Sept. 20

HIGH

Tuesday

Monday

Saturday

AND

5k'"

" ■:•

'xu'

.

A
3>A

v

SALE-PRICES

Friday

Thursday v,

Wednesday
Sept. 24

Sept. 25
High

•

High

Low

High

Low

100.9

*100.6

100.7

*100.6

100.7

*100.6

100.7

*100.6

104.31

*104.28

104.30

*104.28

104.30

*104.27

104.29

*104.27

104.29

*107.24

107.26

*107.23

107.25

*107.23

107.25

*107.21

107.23

*107.21

107.23

111.22

*111.21

111.23

*111.21

111.23

100.31

111.23

*111.22

111.23

High

Low

111.24

*111.20

101

*100.30

*100.30

101

101

*100.29

*100.28

106.15

*106.12

106.14

*106.12

106.14

*106.11

106.13

*106.11

112.16

*112.11

112.13

*112.9

112.11

*112.10

112.12

*112.9

*113.14

113.16

*113.11

113.13

*113.9

113.11

*113.10

113.12

*113.9

114.29

*114.24

114.26

*114.23

114.25

*114.24

114.26

*114.23

*101.22

101.24

*101.22

101.24

*101.22

101.24

*101.21

101.23

*101.20

101.22

EXCHANGE

*103.16

103.18

*103.15

103.17

*103.15

103.17

CLOSED

*104.18

104.20

*104.17

104.19

*104.17

104.19

,*lp4.17t }Q4.1?f,

STOCK

*103.15

103.17

*103.14

103.16

105

*104.29

104.31

*104.29

104.31

*104.29

104.31

*104.29

104.31

*107.1

107.3

*106.30

107

*106.31

107.1

*106.29

106.31

104.31

*104.27

104.29

104.28

*104.26

104.28

*114.25

114.27

*104.12

104.14

*104.10

104.12

*104.9

104.11

*104.8

104.10

*104.7

104.9

*103.29

103.31

*103.27

103.29

*103:26

103.28

*103.26

103.28

*103.26

103.28

*104.26

*103.27

103.29

*103.25

103.27

*103.25

103.27

*103.26

103.28

*103.25

103.27

*103.23

103.25

*103.23

103.25

*103.23

103.25

*103.23

103.25

*103.24

103.26

*103.22

103.24

*103.22

103.24

*103.22

103.24

*103.22

103.24

102.29

102.29

*102.24

102.26

*102.23

102.25

*102.23

102.25

*102.23

102.25

106.7

*106.1

106.3

*105.29

105.31

*105.30

106

*105.28

105.30

*106.5

106.6

108.21 Feb

4

110.3

Jun

111.18

Fell

112.6

Feb

3

112.21 Aug

115.26

Jan

101.8

July 24

102.6

Feb

4

102.11 Dec

102.12

Deo

106.13 July 24

106.13

July 24

Apr

113.3

Nov

114.8

May 14

118.15 Mar

118.23

Feb

104.12

Feb~21

104.12

Feb~21

106

106*

Apr

113.3

1963-1968

102.29

*102.24

102.26

*102.23

102.25

*102.23

102.25

*102.23

102.25

105.29 Aug

105.6

*105.3

105.5

*105.3

105.5

*105.2

105.4

*105.2

105.4

104

*103.29

103.31

*103.28

103.30

*103.29

103.31

*103.28

103.30

*107.15

107.17

*107.15

107.17

*107.15

107.17

*107.14

107.16

*107.14

107.16

*105.13

105.15

*105.10

105.12

*105.8

105.10

*105.9

105.11

*105.6

105.8

102.15

*102.10

102.12

*102.9

102.11

*102.8

102.10

*102.6

102.8

Treasury 2

*102.13

102.15

*10240

102.12

*102.9

102.11

*102.8

102.10

*102.6

102.8

100.10

♦100.8

100.10

*100.8

100.10

*100.7

100.9

*100.7

100.9

*100.16

100.18

*100.16

100.18

*100.16

100.18

*100.16

100.18

*100.15

100.17

*101.15

101.17

*101.15

101.17

*101.15

101.17

*101.14

101.16

*101.14

101.16

*101.17

101.19

*101.16

101.18

*101.16

101.18

*101.15

101.17

*101.15

101.17

Treasury 2s

*101.22

101.24

*101.21

101.23

*101.21

101.23

*101.21

101.23

*101.20

101.22

Treasury 2s

*101.26

101.28

*101.25

101.27

♦101.24

101.26

*101.24

101.26

*101.24

101.26

Treasury

*101.31

102.1

*101.31

102.1

♦101.30

102

*101.30

102

*101.30

102

Treasury

*

3O2.10

*102.7

102.9

*102.6

102.8

*102.6

102.8

*102.6

102.8

Treasury 2s

108.41 Jun

107.27 Apr

Jan

104.14 Sep

2

104.23 Feb

14

104.7

Nov

107.4

Apr

Jan

2

104.18 Apr

30

103

Jan

107.9

Apr

13

102.22 Jan

107.19 Apr

102.11

107.9

104.4

104.4

Jan

6

Jan

30

Jan 29

104.15 Apr

12

102.21 July 30

103.20 Apr

9

101.16

Jan

106.15

Apr

2

105.17 Jun

2

106.28

Apr

109.15

Feb

101.15 Jan

106.16

Apr

106.15 Aug

106.15 Aug

105.17 Jun

102.20 July 30

9

104.10 May

103.19 Apr 10

-1951-1953

—1452-1955

June 1959-1962

Jan

102.11 Jan

Apr

107.10 Apr

108.17 Aug

1954-1956

1956-1959

Vis

107.5

Jun

105.22 May

103.29 Jan

Dec. 1967-1972

Treasury

*100.8

14

104.2

June 1967-1972

2Vis
2 Vis
Treasury 2 Vis
Treasury 2 Vis
Treasury 2 Vis

*102.13

104.24 July

104.7

.—Sept. 1967-1972

Treasury

*103.30

104.24 July 14

1966-1971

Treasury

*105.4

107.15 Jan

1965-1970

Dec. 1964-1969

2Vis
2Vis
Treasury 2 Vis
Treasury 2Vis .
Treasury 2Vis _

*102.27

Apr

108.4

1952-1954

June 1964-1969

Nov

106.16 May

1956-1958

.

Feb

Apr

May 14

1950-1952

1962-1967

109.22
115.23

107.5

114.8

—1948

—1949-1953

Deo

113.12 Aug

1958-1963
1960-1965

Treasury

5,000

Feb 21

1
4
22

106.1

1956 -1959

Treasury

103.27

*103.25

Highest

104.27 May

111.23 Sep

Treasury

*104.29

v

108.21 Feb

Treasury

107.7

'

104.14 July

0

1951 -1954

2Vis
2Vis
Treasury 2 Vis
Treasury 2 Vis
Treasury 2 Vis

*104.30
*107.5

Lowest

102.22 Jan

1948 1951

Treasury

^04.1^104.19

4

102.13 Feb

1951- ■1955

2Vis
2Vis
Treasury 2 Vis
Treasury 2 Vis
Treasury 2 Vis

114.25

y/

1955- 1960

__

27/8s
Treasury 2 Vis
Treasury 2Vis
Treasury 2Vis

Treasury

Treasury

113.11

*114.27

•

■1952

1949 ■1952

3 Vis
3s

n

Year 1946

1

Highest

Lowest

1947

4 Vis

Treasury

112.11

*100.30

Range Since January

EXCHANGE

ilTreasury
Treasury

6,000

106.13

*112.14

—

100.30

*106.13

<

-

oVi

Rangc-for Previous

GOVERNMENT BONDS
NEW YORK STOCK

Bonds ($)

100.7

*104.29

Sales for

tkoVMk

Sept. 26
High

Low

Low

High

y

•* L

*100.8

Low

,

'

105.17 Feb

7

105.18 Sep

102.16 Apr

18
6

102.24 May

8

102.24 May 14

10~8~.17

104.22 Sep

107.14 Apr

100.29 Jan

104.16

Aug

102.8

i

Treasury

2s
2s

102.22

*102.19

102.21

*102.18

102.20

*102.19

102.21

*102.18

102.20

102.27

*102.24

102.26

*102.23

102.25

*102.24

102.26

*102.23

102.25

Treasury

*102.29

102.31

*102.28

102.30

*102.27

102.29

*102.28

102.30

*102.27

102.29

Apr

*103.1 r

100.20'

*101.1

101.3

100.12 .100.12
100.29
'Bid

and

asked

,




No

*102.31

103.1

*103

103.2

105.21

♦105.19

105.21

*105.18

105.20

*105.17

105.19

Treasury

2s

100.20

*100.18

100.20

*100.18

100.20

*100.17

100.19

Treasury

IVis

101.2

♦101

101.2

*100.31

101

*100.31

101.1

Treasury IVis
International Bank

July

9
7

100.13^2100:

100.22

100.29

.

100.19 100.22

this

day.

a

Odd

100.20

E>

100.6

100.8

100.20

100.21

--

55,000

10-year

2Vis

128,000

25-year

3s

lot transaction, r Registered bond transaction. HThis issue

Deo

102.8

Jan

103.91 Jan

103.7

Jan

107.22

1—

102.6

9

May 27

Feb

'

102.23 Apr

104.3

102.20 Oct

104.14

103.1

9
12
Apr 26

102.16 Oct

102.25 Apr

103.13 May

103.13. May

103.2

Jan 24

102.14 Nov

104.26 Feb

July 21

102.22 Nov

104.29 Feb

29

101.14 May

102.28 July 21

103.4

-1953-1955
1948
1950

100.30 Apr
9
100.30 Jun 23

101.2

Jan

101.8

Apr 26

1957
1972

^"*i

Dec

102.4

June 1952-1954

1951-1953

<

102.23 Apr

for
Reconstruction & Development

ico.8

transacted

102

July 22
24
102.30 Apr 24
102.28 Jun 13

Sept. 1950-1952
1951-1955

103.2

sales

102.12 Apr

102.12 Apr

.Dec. 1952-1954

—

Treasury 2s

*i02.30 103

1949-1951
1949-1951
1949-1951
1950-1952

—

—

*100.18

*103

-

100.30

price.

June
Sept.
—
Dec,
March

*101

105.21

*100.18

Dec. 1948-1950

*105.19

103.3

*105.19

104.7 ! Apr
102 * > Apr
—

..March 1948-1950

—

Treasury 2s

8

Apr

102.8

Jan

Jan

102

102.5

—1947

-

2s
2s

*102.20
*102.25

-

Dec. 1959-1962

101.4

103.9

.

2 Vis
Treasury 2s —
Treasury 2s —
Treasury 2s —

100.6

Sep

100.18 Sep

being redeemed on Oct. 15 at par.

26
11

101.3

Sep

102.00 July

15

July 15

Jan

101.31 Mar

102.17 Mar
"f";».

103.4

Mar

Volume 166

Number 4633

THE

COMMERCIAL

NEW

YORK

RANGE

Friday

FOR

FINANCIAL

BOND

WEEK

ENDING

Interest

Last

Period

Sale Price

or

Friday's

Bonds

Bid 61 AaKed

Low

Low

New York

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mis

in.

in a

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91%

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63

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6s

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Financial

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3Vis Series No. 29
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♦

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•

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56%

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A

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83% 100 %

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1959
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1979

1957

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1957

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3%s Series No. 12
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.

109

16

1,1976

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.

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J-D

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3%a Series No. 5
3%s Series No. 6

i

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1978

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.

Jan 1,1976
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1955

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1962

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s

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1957

series__1957

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25

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79

23

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81

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17

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to

Wertheim & Co.
Members

(City)

Week's Range

Last

Period

A

Foreign Securities
REctor 2-2300

Friday
Interest

Exchange

25-year gold 4%s__.
Costa Rica (Rep of) 7s
Cuba (Republic of) 5s of 1914
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4%s external debt
■»

114%

110%

A

T elephone

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High

Copenhagen
1960

26

bonds'

January 1

No.

TranMt Unification Issue—

Corporate Stock

(1273)

RECORD

SEPTEMBER

Range Since

Sold

High

New York City
3%

CHRONICLE

Week's Range

BONDS

New York Stock Exchange

-

&

'

:

Teletype NY 1-971

41

range

week

for

RECORD

BOND

YORK

NEW

ending september 86
Friday

Interest

Last

Week's Range
or Friday's

Period

Sale Price

Bid A Asked

Friday
BOND S
New York Stock

Exchange

i

—1950
Stamped pursuant to Plan A
(Int reduced 2.5%)
1999
A7s ©attl water loan——-luott
Stamped pursuant to Plan A
• '
(Int reduced to 2.25%J,
2004
A6a extl dollar loan
—
1968
Stamped pursuant to Plan A •
"
(Int ituuced to 2%
2012

J-J

•

f 7«__

s

1940

—

48

12

43A

5

96 V*

97 VA

*96%

J-J

Chesapeake & Ohio Ry—

M-N

86%

12

89

-

•

Southern

104%

1989

J-J

126

1989

J-J

%s series E

A Div 1st cons gold

2d consol

100

4s

gold 4s

100%
100

General 4s

93

102

1st

J -J

*__

89%

84%

•—

15%

18

21%

8

17%

9

B...1

COMPANIES

Alabama

Power

1st mtge

3 Vis

1972

J-J

104

105

106%

109 y4

104

108%

A-O

105

A-O

Amer

M-3

25/as
2%s

107%

98%

J-J

94 %

94%

95%

1961

J-D

198i>

110% 111%

110%

J-D

103%
*

deb——1967
1995

Jan

Ann Arbor 1st gold 4s
A P W Products CO 5s

——1966

A-O

Nitrate

104

38

102%

75

103%

103%

1995

85

4

96

„

84%
95

Stamped 4s_—
Atlanta & Charlotte
1st mortgage

July l 1995
Air Line Ry—

3%s

Atlantic Coast 1st cons
unified 4Vis

General

Atlantic & Danville Ry
Second

mortgage 4s

Atlantic Refining 2%s

1963
4s
.July 1952
A——
1964
1st' 4s
.1948
1948
debs
1968
—

*112

124%

105 %

105

106

20

104V4

103%

Chicago

J-D

108

108

104%

43

31%

31%

2

J-J

22

22

1

22

\

.

103%

.

eey*

53

90 ya

92

A-O

101

93%

21

86%
70

89

Series
Ref

77

78%

45%

47 %

187

35

J-D

•; 58%

58%

59%;

72

54

"

M-S

58%

(

59

58%

59 %

20

51%

J-D

71

M-N

86%

52

73%

60

84%

86

84%

97

Series

96

ref

Series

4s

stamped

1951

:

87%

—

_

Cleve

~3

3%s_—1951

125%

A-O

Telephone of Pa 5s series C—1960
1961

A-O

Beech

Creek

Extension

1st

Beneficial Indus Loan 2'As debs

Bethlehem Steel
Cons

'■)

Cons

Corp—

+

1st

1970
1976

1967

mtge 5s series AC

5s series II—
1st mtge 4%s series JJ
1st mtge

—1955
1961
1960
—July 1970

4s series RR

Ainc mtge 4 Vis ser A
tABosten & N Y Air L 1st 4s

1955

Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures—1969
Gen mtge 27sS—

1976

«...

Buffalo Nlagara El 1st mtge 2%s„1975
Buffalo Rochester & Pgh Ry—

Stamped

modified

3%s gtd.—
3%s gtd
Short Line 1st gtd

100

__

100

<

143

5s

Bush Term Bldgs 5s gtd

16%

103%

80

82 VA

80

91%

51

51%

55

42

66

54

54%

48

27%

57.

M-N

51
54

.

M-S

105% 106

J-J

*»9

100%

66

100% 100%

105%
99%

100
6

J-J

61%

62%

19

32%

A-O

61%

33

18

100Ve

95

95

A-O

105% 105%

55%
25

101

*97% 101
3
4

Elec

Power 1st 3s

18

242

101%

-

105,
100

97

93%

80%

104 7/a

104%

104 V* 104%

48

104%

108 V4

105% 105%

1

105%

107%

25 y4

2

24%

34'/a

24%

34%

J-J

J-J

78

25%

>/4

*25

—

102

*111

106'/4

81

'

60

80

*101

85
107 %

103

—

*75

M-N

—

,

A-O

•

«—

98

72

J-J

67%

7 2'/a
67%

67%
*

105%

105% 106%

*101%

M-N

87%

98 '/a

65 V2

63

82~%

2

64'A

11

105%

80%
96 Va

90

92

M-N

J-J

88

106

71%

J-J

99

81

87 %

87%
*__

J-D

105 VB

97

86l/4

*84%

113 V»

102 Vb

104

*97

105

111

*102
—

109'/a

102% 104

—

100%

104
108%
109

103%

F-A

*101% 104

A-O

%

102%

V'2

■'"T

J-D

<

27%

12%

5

..

104%

J-D

series L——
+-1977
Conn Ry & L 1st &, ref 4%s
—1951
Conn, Riv.er. Pwr s f 3%s-A
1961
Consolidated Cigar Corp 3y4s._--.1965
Consolidated Edison of New York.1953
3%s debentures'.
.1982
1st & ref mtge 2%s ser A:
.1977
;
1st & ref mtge 2%s ser B__
.1972
1st & ref mtge 2%s ser.C—_—
.1954
$AConsol Ry non-conv deb 4s...
.1955
v ^Debenture
4s"_L
.1956
•'
ADebenture 4s_^_
.1975
Consumers; Power; 1st mtge 2 7/a s,
.1965
Continental Baklug 3s debs.——
.1966
Crucible. Steel ,1st ;mtge 3 y8s_'
..1942
tACuba Northern Ry 1st 5V2S—
A Deposit receipts
——'—■
_~1952
ACuba RR 1st 5s gold
:
A Deposit receipts
.1946
A7%s ser A deposit rets..——.
..1946
A 6s ser B deposit rets

107%

103%,

105%

11

105

104%

33

103

107 Vz

103

12

101

106%

49

51

36

44%

63%

105

105

10

104 %

106%

102%

103 '/a

A-O

105

105

A-O

103 '/8

103

A-O

101

101

91

105

72
39

103%;
97

51

M-N
M-S

,

*102y4

A-O

1

106%;

1976

J-D

*

104%

r

103

F-A

106

F-A

M-N

105

105

1

104%

106% 107

9

106%

108%

106

106 Vb

108

J-J

*108'/a

102% 103 '/a

J-J

16

101%

12

101

M-S

*98%
101

J-D

104%

102 %

104%
103%

101

13

101

103%

101

J-J

49%

14

30

51%

48%

11

34

51 Va

48%

J-J

48%
48%

48%

J-J

48%

2

33 %,

J-J

102%

56

102

101% 101%

102%

M-S

37

101 %

102

99

4

09

09
50 y8

50 Vb

2

40%

M-N

40

40 %

55

JD

*79

J-J

34%

35%

47

36%

9

*35%

J-D

s

51 VB

106%
104

98% 101%
49 Vb

63%

39

52 y4

76%

81

36

35%
J-D

113

108

.99%

99

101 VB

109 %

108%

102%

—

106

105%

*103% 104%

A-O

114

108%

59*

*105% 106 Va

A-O

>8

110%

114

ii4ya

F-A

107

A-O

108

86 %

32

44%

39

36

46

37%

45%

106

1974

Canada Southern cons gtd 5s A_—1962

—

*„

i

M-S

'

104

•

California

16%

83%

1

»

V

57%

62%

104% 104%
104 V*

J-D

1st mtge 3s

*105

F-A

56%

42 Vb

76%

F-A

Commonwealth Edison Co—

F-A

55 V*

28

2

F-A

.^1955

extl 4s

Columbus 6c Tol 1st

06%

18

39

99

J-J

...1969

•

101

80

308

101'/a 101%

A-O

(stamped modified!
.1980
Gas & Elec 3VeS debs.._1971
Columbus & H V 1st extl gold 4S..1948
Columbus & Sou Ohio El 3y4.s—-1970

104

A-O

1960

57%

1- —

Columbia

98%

1955

tAlst & Coll 53
Bush Terminal 1st 4s

M-S

25 Vi

Colorado Si Southern Ry—

96%

J-J

88

51%

51

129

100%

Af-N

A-O

A-O

.1972
1973
1977

92%

—

82 %

66 y«

14

78 V*

51%

M-S

Union Terminals Co—

mtge 5%s

101% 101%

*100%

59

83

82

78

,

83%
101%

238

82%

•82%

J-J

1948
1950
4y2S_____1961

*__

1957

82%

w

103%

100

99%

*98%

...

100 y»

*

5

61 %

*80

1970

M-N

1952

1

.

—1993

A-O

Af-N

117

'

97

at

(interest

1947) due
tBurllngton Cedar Rap & Nor—

Consolidated

99%

99%

99%

M-S

1934

to May

3%

M-N

65%

M-N
J-D

4%s

J-J

64

—1974

99%

14

97

97

'

(

1st mtge
:

125% 125 %
•—

,

!

mtge 2%s ser I
mtge 2%s ser J

Boston & Maine RR—

AT-N

64%

64

P—1966

1st mtge 5s

100

■

Beil

49

.

series A—
series B
1st mtge AVaS series C

1st

98%

91 y8

19

91%

91%

91%

91%

95

*92

J-J
j-j

88%

63

J-J

B_^—....

D

Cleveland
1951

4s_

69

54%

F-A

Cleveland & Pittsburgh RR—-

Bangor Si Aroostook RR—
Con

37

53

Apr.

St Louis Ry—

C

79

105%

53

J-J

3s

99

104%

69 V4

..1094

series, E

32
87

93

J-D

.....

Cleveland Elec Blum

61

89

86%

J-J

104%

J-J

.1993
Ref & impt 4%s series E.v—+.1977
Cin Wab & Mich Div 1st 4s—.1991
St L Div, 1st coll tr gold 4s,
<+1990

71%

70%

,

—1959

66 %
45%

/

J-D

Terminal—

General gold 4s_
General 5s series

73%

36

-

58%

58 %

Jf-S

Toledo Cinn div ref 4s A_

50

10

^.^..1951

23/4s ser G—

Cleve CIn Chic &

i

1980

12

37

1961

74

A

51%

1951

1st: mtge gtd 3%s

,

,

J————due Dec 11993

501/a

Apr

^1960
1)951

59

77

(2%% fixed
contingent interest) —

series

4s

50%

1

I

23/4-4ycs

1st mtge

46%

Pgh Lake Erie & West Va

56%

88 >/a

140

Apr

4y2s__Jan 1 1999
,rr
1989

City Ice 61 Fuel 2%s debs^

Ref & gen mtge 6%

and 3%%

45

J-J

Cine Gas 61 Elec J.st mtge

J-J

due Mar 11996

M__

24

26

L & New Orleans 5s

Cincinnati Union

due Mar 1200o

Series K

52

104% 105'%
70%
69

(..1952
8 A Choctaw Okia Si Gulf qons 5s
,2%S—...1975

101

May

—due Dec 11993

Series G_—
Series

88%

88%

A-O

1950

,.Ref & gen mtge 5% (2% fixed
and 3% contingent interest)—

51 y4

—1957

Feb 1 2010

4Vi&. income

52

...1943

21

int at 3Vi%")---:

(fixed

,

Conv

88

*87

.1994

B
T
July 1 1948
Stamped modified bonds
1st mtge 5% (interest
Fixed
at
4%)
.July 1 1948
6'western Div 1st mtge 5%

80

J-J

'■

Chicago Union Station—
...1963
1st mtge 3yas series F^_.
...1963
1st mtge 2%s ser GChic & West'n Indiana conv 4s_. __1952
—1962
1st & ref 4v/4s series D._.

Baltimore & Ohio RR—
mtge 4s

23

126'%

..1994

-

1st

84

75

129

J-J

gold 4'/a?

^

Income

30%

101 y4

82%

—

Chic Terre Haute & S'eastern Ry

41

19

10

101% 101%

101%

J-J

28

5

1956

'

MemphisDiv 1st gold 4s.

.

111%

108 %

J-J

102

75

J-J
J-J

1988

3%s

Gold

107107%

*103% 104

M-N

A__^

mtge conv inc
mtge 3s ser B

A Conv

M-S

ser

44%

25

36

75

37

4s

.

35

35%

t

Paci RR—

&

3

M-N
M-N

J-J

Certificates^ of deposit.
^
{ARefunding gold 4s
..I..1934
SASecured 4y2S series A
1952 /

112% 119%

3

100 Va

96%

A

118

'

104

94%

101 %

96%

101

J-J

AGeneral 4s

132

116

'

—

—

114% 115

115

M-N

—

98%

F-A

25% partial redemption^.—.^..1927'
tChioago Rock Islri & Pacific Ry— f

96

53

124% 127

124%

Nov

Paul

1983

15AChicago Railways 1st 5s stpd

95 Vb

1

85

96

__

A-O

July 1 1995

—

Adjustment gold 4s

'1st

'

Q-J

Topeka & Santa Fe—

General 4s

,2nd

108%

97 y2

103 %

112%

17

Chicago Si North Western Ry—

102 y4

100

112%

11

F-A

mtge 4y2s inc ser A__Jan 1 2019
conv inc ser B
...Jan 1 2044

4%s

105%

103% 104

103

A-O

50

361

St

mtge 4s

Gen

101%

98 y8

98%

103

A-O

_1969

—

1st

119%

100%

98 y8

100

———.1962

debentures—'.

110%

Milw

Chic

100 y2

100

98 Va

A-O

1987

'

Amer Tobacco Co deb 3s

94%

14

,..2003

mtge 4%s inc ser A

Chicago Ind & Sou 50-year

103%

761

+

A 2d

103%

99%

110

99%

98%

113

99

99%

112y4 112%
112% 112%

'

ioiy4
108%

71

98%
99 "A

2%s debentures

Atchison

106

F-A

debentures

AAnglo-Chilean

61

A-O

debentures-

3s

100% 100 3a

107% 107%

M-S

^Chicago Ind & Louisville Ry—
A 1st mtge 4s inc ser A_

100

87

'

100%

1980

:

debentures

;

10

1986

debenturesdebentures

2Tas

91%

_1975

2%s
23/4S

conv

1

105

*88

foreign Pow deb 5s..—
2030
American Telephone & Telegraph Co.—

ioia

■

*107% 108%

Albany Sc ,Susquehanna RR 4,/2S__1975
Alleghany & Western 1st gtd 4s
1998
Allls-Chalmers Mfg 2s debs„
—1956
&

100%

2

101A 101 A
*104 y4

114%
115%

J-J

.

.1977

,1st & ref> mtge 3%s
„i985
1st & ref mtge 2%s
r._„_1970
Chicago & Eastern 111 RR—
AGen mtge inc. conv 5s
1997
1st mtge 3%s scr B
^.1985
Chicago & Erie 1st' gold 5s__
,..1982
Chicago Gt West 1st 4s series A___1988
AGen inc mtge 4%s__—.Jan 12038

90

F-A

series

132
124

124

F-A

^1958
4%s

ref

&

.

126

126

Chicago Burlington & Quincy RR—

83%
87

1

U

135

104%

1

M-N

143%.
107
107 V*

.

•

104% 105

6

M-S

104'/a

104% 105 ]/4

94

_1948

3

101% 101%
135

83'A

'

Great

51»A

101%
135

101%

J-J

101%

87

.11967

Express coll tr cold 4s-

107

39"

44ya.r44y4

135

831/4

RAILROAD AND INDUSTRIAL
Adams

105%

F-A
:

,

Alabama

103%
103 V*

103% 104

F-A

94

*6%

47

103 VB

102

102

108

1996

87

F-A

27 Va

24%
102

Ref & impt M 3

F-A

—1958
——1958

36%

24"

10

M-N

Af-N

8%s extl readjustment—,—1984

30%

M-S

J-D

__r.

40

1996

R &

87 %

41

24%

Ref & impt mtge 3%s D

*120

►

89

25%

27

General gold 4%s_.^,_„_r,.,.^_1992

.

130

121

12J.

121

32

•

.

5s stamp (partial redemption;)—1942
Champion Paper & Fibre deb 3s__.1965

*120

F-A

86

65

66

■

32%

*25

b'-A

...1974
1-

109%.

34

>31%

,

66%
27

20

67 y4

65%

31%

A-O

,

20%
101%

12%

9%

*__•-

"42%
108

32

1974

jst & ref series A,
;
(4%% to Aug 1 1949).

1

26

21

York Power 3s__

New

jACentral RR & Banking Co

,10%

4%

2

17%

17%-

15

'

10%

5

19
-

J-D

80%

65%

10

5%

66%

J-J

Central Pacific 1st ref .gtd gold 4s_1949

67%

8
8

20%

,

j-j

j-j

39

8

>io9y8

A-O

55

102%

"

52

*

J-J

91%

60

,

Central

75%

J-D

:
J A Mobile Div 1st gold 5s___—.1946
Central Illinois Light 3%s~..
1.1966

Va

79

13

9%

52

13

76

9%

9

J-D

High

Low

No.

;

9%

9%

A-O

38
2

5

M-N

External conversion
1979
8%-4%-4As extl conv
—1978
,4-4%-4%s extl readjustment
1978

external 7s-

49'/a

A-O

85

37

86

5'A

M-N

A4 Vis assented—

91

M-N

''

1945

5%s series B

.1959
A Ref & gen 5s series C„—_1969
AChatt Div pur money gold 4s__1951

.

59

42%

40%

...741/2

74 y2

A-O
M-N

& gen

tACent New Eng 1st gtd 4s
—1961
$,A Central at N J gen gold 5s.,
1987
;
A 5s registered—..—
I9a7
A General 4s
—...1987
A 4s registered
^
1987

46

45

86

33/4-4-4y8s

AWarsaw (City)

56

ARef

65

48

*32

A-O
A-O

XI- N

6s

42

_

*40

1964

fund

44

*

J-J

SAConsol gold 5§—

64'/3

67

-January 1

Sold

49 Va

F-A

—.^JNov 1945

8A 1st mtge 5s
48

50%

J-J

<$, bonds of 1937)—
readjustment-—.+1979

sink

92 y4

91

Range Since

Bonds
■

High

tCentral of Georgia Ry—

68

48'A

M-S

Sydney County Council 3y2s
1957
AUruguay (.Republic) extl 8s—1946
ABxternal sink fund 6s——1960

External

Week's Range
or Friday's
Bid A Asked
Low

■

50

*36

L/

Stamped pursuant to Plan A
■'*
(Int reduced' to 3.5%)+
1978
Serbs Croats Si Slovenes (Kingdom)—
A«e seoured external
—1962
A 7s series B sec extl———1962
ASilesia (Prov of) extl 7s~.
1958
AdVis assented...
.1958

AExternal

Sale Price

High

Low

No.

*46

-

I ASecured

Last

Period

'

1999
*—>

*36

—

Interest

Exchange

-

48

*46

J-J

1936

IA0*n Paulo (State) 8s_....
Stamped pursuant to Plan A
(Int reduced 2.5%)
Ate external—.—

J-J

York Stock

New

January 1

Sold

High

Low

BONDS

Range Since

Bonds

1947

Monday, September 29,

COMMERCIAL & FINANCIAL CHRONICLE

THE

(1274)

Calif Oregon Power 3%s
Canadian

—

104

D

National Ry—

Guaranteed gold 4%s
Guaranteed gold 5s
Guaranteed
Guaranteed

gold
gold
gold

Guaranteed

gold

1957

J-J

114% 114%

6

114%

120%

Oct 1969

J -J

109% 109%

12

109 %

113%

Dayton Pr 6c Lt 1st mtge 2%s
.1965
Dayton Union Ry 3 y4s series B__.

—1970
,1955

J-D

109%

114%

Deere

113 %

119%:

Delaware Si Hudson

Delaware, Lack A'West
N Y I+ack & Western

43As—
4%s_,
4 Vis,

Guaranteed

.1975

5s___

*109% 110%

J-J

113% 113%

3

1956

A-O

113

113 VB

4

113

119%

1951

F-A

107

107%

19

107

112%

107%

& Co

1st A ref

Can

Pac

Carolina

Ry 4%

1965

Carthage & Adirondack Ry—
1st

.

mtge gtd 4s

Celanese

3s debs
3%s debs

Corp

Celotex Corp

F-A

deb stk perpetual

Clinchfield & Ohio 4s

ACent Branch U P 1st gold 4s
For footnotes see page 29.




i

100%

M-S

101%

100

107

Morris

F-A
A-O

*—

103

103

'

65

103%

F-A

103%: 103% •

J-D

*68%

72

63%
11
109

103

103%
61

78

105%
106

81

•

M-N

1st mtge ser A (3%
1 % contingent int)

fixed
—

104%

102'/a

105

97%

25

96%

*78%

—

2042

.1973

A-O

1993

J-J

53%

55

26

106 y4 106 V\

5

80%

161

78

90

42%

47

80

99

77

47

106%

93

—

47

54

Si Essex

Delaware Power & Light' 3s -—Denver St Rio Grande West RR—

96%

M-N

1993

100 '/a

1

100% 101%
*103y2

A-O

M-N

15

102% 102%

100%

J-D

.1973

———

AIncome

110

.

-1981
1965
1960
1948

RR Co—
div

M 5s ser C

mtge due ————
division
Goirtr 4-6s_
——May 1

94%

107%

84

*107% 108%

.1965

2%s debs
.1963
4s extended—

A-O

49 '

58%

! 62%

106%* 109%

78

89%

Volume 166

THE COMMERCIAL & FINANCIAL

Number

NEW

YORK

RANGE

Friday
York. Stock

Last

1-eriod

Exchange

BOND

WEEK, ENDING

(1275)

Sale Price

or

Fridays

Bid & Asked

Low

High

'

Bonds

26

Friday

Range Since

Sold,.

Low

Interest

East

Week's Range
or Friday's

Period;

BOND S
New York Stock
Exchange.

January 1

No.

Sale Price

Bid & Asked

High

Low

Kentucky & Indiana Term 4%s.
Stamped
*
—,—
Plain

J-J
J-J

---—

4%s
70.%

69

108% 108%

10U.'A

106% 106%.

6,8%

100'

65

50'/a

104% 105

103%

90%

99%

997/a

99%

*36%

39%

110%

90

*35

-

Range Since
January 1

Sold

Low

No.

57'/*

noe%

—

.

J-J

*184% 186'/a

A-O
;

103

—

*-«

1 'A

103.

l'/a

l'A

High

53
68'/a.
105%. 108
112 V# 112%,
102% 102%

-

*112'/a

—

Bonds

180

187-

103

11

105%,

43

1%

37/a

Lake Sh & Mich Sou gold 3%s_...1997
3%s registered
-.-.1997

94%
101'/a

30%.
103%

High

55

50%

103% 103%

—

\ A-O

106% 109%
62%, 68

68%

*55

unguaranteed

Kinga County El It Si P 6s——
Koppers Co 1st mtge 3s——
JAKreuger St Toll 5s ctfs_—

73%'

••

j-or

'

69%

27

RECORD

SEPTEMBER

Week's Range

Interest

B O ND S

New

FOR

CHRONICLE

Lautaro

37 %

Nitrate Ca Ltd—.

'

A 1st mtge Income reg
—1978
Lehigh Coal & Navigation Co—.
S P mtge 3%s scr A
1970
Lehigh Valley Coal Co—
1st & ret sink lund 5s_
—1954

107%

<

.

5s stamped

East Tenn Va St Ga Dlv 1st 5 s.

*115%

Ed El 111

*150

(NY) 1st cons gold 5s
Elgin joiiet, & East Ry 3%s—

El Paso

& S'western 1st

s

25

110

8

mtge

ina 4%s

104.%

112%
105% 113

cons

series A

43,

59%

5s

cons

Ohio

3%s

mtge

ser

1st

mtge

102%

88

G~

94%
94

87

mtge 2s ser H

Div

stamped

1974

99%

3ViS

1

Firestone Tire St Rub 3s deb.
^Florida East Coast 1st 4%s.

103'A

100 V*

103

105%

103'A 103%

103'A
100V*

103 V*

102

54%

A

Certificates of deposit.
Francisco Sugar coll trust 6s.

50

54%

Guaranteed
4s

65%

101 'A

101%102%.

7

72%

56

102%

12

stamped

•

42%

28%

39%

31

45%

33%
36

38

9

67

43 '
52%
80

127%., 128%
112

5

116

118

5

118

101%. 102%
102

102'/a-

102

102

1963

*107

101% 10A

10

101% 104.

5

111%

*111
112Va
*103% 104%.

1966

Louisville Gas & Elec 3%s

82

27

—1949
1951

-—;

76

53

ref:gold 4s-_——.—1949

Lorillard; (P) Co.deb 5s
3s debentures

106

58

66%,

-

22

Lehigh; Valley Terminal Ry ext 5s,1951
Lexington; & Eastern Ry 1st. 5s
1965
Liggett & Myer& Tobacco 5s
1951
Little Miami gen 4s series A__——1962
Long Island unified 4s
1949

105%,

102

A 1st St ref 5s series A—

1954

Lehigh Valley Ry Co NY 4%s ext-1950
Lehigh Valley RR—
4s stamped modified
2003
4s registered
2003
4%s stamped modified.*
_2003
4%s registered
2003
5s stamped modified.,—
2003

81

99%

mtge 3%s ser F

cons

1st

1964
1964
1974

Leh Val Harbor Term gtd 5s

1st cons mtge 3'As ser E——
1st

—-—1954

ref sink, lund 5s,
stamped

1st & ref sink,fund 5s—

i

v

Gen

1st

106,%

105

*106'/a

—

&

5s

105

5s

5s stamped
Erie; Railroad Co—

1st

.

107%

115%

106
10.5*%. 107%.
104

Louisville & Nashville RR—
1st &

Gas St Elec of
Berg Co cons 5s——1949
General Realty St Utilities
Corp—
A4s conv lnc debs
—1909

Goodrich

(B F)

Co

Grays Point Term

1st mtge

1st

2%S-1965

gtd 5s

Northern Ry Co—
General 5%s series B

General. 5s series C
General 4%s series D

.

Gen> mtge 3'/#s
Gen mtge 3%s

:

N

——2000

mtge 2%s

Gen

mtge 2%s, ser Q

A

ser

ser

P

Mobile St Ohio RR
1st & ref 4s series B

——^—.1975

Gen, mtge inc. 5s series. A

,

1st St, ref 3%siseries D_
Gen mtge inc. 4s ser

100%

*—

98'/a

97

Oft

7'A

98%
-

5.7:

100

100

9

101%

2Q

100%

105'A

...

23

176

71

86%

98

f\&,: ;^ioo

72%

tSAHousatonlc Ry

cons

Finance Corp

Hudson Coal 1st s f 5s series A
Hudson Co Gas 1st gold 5s—;
Hudson St Manhattan 1st 5s A

101%

1st

A Ad J

income 5s

«*'

99'A- 102%
137

mtge 4%s

89 y#

99

1021/4

79

1957

lien

Telep 2%s series

A

1981

/-J

1st

gold

1951

4s

1st gold 3'As

J-J

23%

._1951

1st

gold

3s

Collateral

sterling

trust gold 4s

Refunding

Refunding

*101'%'__

A-O

*101% 105

M-S

5s-

9S%

99%

99%

99%
99y8

89

J-J

M-N

—1955

»

1st

gold 4s

—:

—

1951

M-N
F- A

99%
98%

98%

102

102

77'A

5s series A

J-D

F-A

1st

St ref 4 'As., series C——1963
1st. ref mtge 4s. ser D_„.—:—.1963
Illinois. Terminal Ry 4s ser A——1970

Indiana, 111 St Iowa 1st gold! 4s__—1950
Indianapolis Union Ry Co—
Reft St imp; 2%s ser Ci—
198®

"

r-

-'

195ft
AAdjustmenfc. 6s series, A_„July l952

A 1st

5s

series

B

_1956

Al&t

gold 5sc series C
JAInternat Hydro-Elec deb 6s
Int Rys

Cent Amer

1st

5s

B

1956

98

98 v

96 1

'

J-J

*98'

J-J

100

J-J

1965

F-A

;

—

Alst &

gold 5%s ser A——i—1949
ref gold. 5a series H——1980

——1981
66

88%

J-D

■

J-D

'

100

103%

99

101%

-'98 'A

J-J

81%

81%,' 84'A

*65.

J-J

73;

69

70:

98%

•"

*—.

.

98%
92%
' f 85%

98%

*100%. 103

J-D

101%

99%- 101%

95'A

A-O
J-J

97

'A

98

58'A

57%

58%.

30,

24

43

23%

.24%

65%

37

14%

53

30

547/a

28>.

40 y»,

J-J

54%-

1944

A-O

99%

1972

U-N

-

53%

547/a
99% 100

101

101

16

42

77

97%

3

99%

59%

1

Alst" 5& series B
-ACertificates of

•

—1986

—-1954

*

J-D

80

if-8
J-J

*102'/a
1C2%

81
102 y8

102'A 102%

105

77%

93

102

105'A

102'A

104'A

C

Alst

of

•New

*101

City Southern Ry 1st 3s
1950
1st mtge 4s §er A
.—1975
Kansas City Terminal
Ry 2%s
,_1974
Kentucky Central gold 4»— —1987
For footnotes

see

page




29.

103%

100

105

101% 101'A

101%

105'A

„

103% 103%

103 %

102%,

104%

102

103'A

101%

105-

;

*-—

104

—

*122%

—

23

65

7

59
96

74
68

101V*
100'/a

-

103'A

105 Va

122

123%

103% 103%

J-D

66%

,

2

101

106'/#

103%
65%

84

81%

65

Jf-N

68

6
14

105%

109'A

121 'A

1057/s

20

121'A

124'A

*—

F-A

121%
HO

Jf-8

105'A.

105y2 105%

J-J

-

101

99'A
1

105% 106

J-J
J-D

66%

66%

66%

99%
106%

100%

*99% 100%.
*__
100

*-N
J-J

106

104'A

105

101% 102 y4
106

J-D

.

96%
101%

97

J-D

103

103.

103

15

5

105%

109

101

105

r

J-J

-

-

105% 105%

8

104% 108

J-J

103% 103'A

1

101

87'/8

A-O

*76%

Xh

95

87'/#
-

95 y2

106%

78%:
78%
80

'

93
87
98%

83%

96

•

r^A

94%

96 y8

F-A

91

91%

81%

97
95%

83
-

79

90'A

-

T-b

86

86

York Central RR CO—

95%

99%
101%
99

—1998

F-A

C67/a

66%

67%

61%

81%

impt 4VaS series A___
2013
Ref" <fc impt 5s series C___
^„201ft
N Y Central & Hudson River RR—

A-O

70'A

70'A

71'A

64%

82%

78%

79y2

72%

92 Vi

82 '/a

83'A

82'A

98

85

84

94

-

Cons 4f

Ref

series A

&

3'As

Kansas

*—

F-A

ACertificates of

General mtge-3'As

Kanawha St Mich 1st gtd gold
4a—1990
Kansas City Power &
Light 2%s—1976

7ft

101% 103%
53 y4
63

'

deposit
1—-—
5%s series A—
1954
ACertificates of deposit——,

James

60

105% 106

100

A-O

t1

deposit-—

1955
deposit-———
4,%s series D—^
;
.1955

Alst 5s series

1^3

ACertificates

Frankl & Clear 1st 4s——1959
Jersey Central Pow & St 2%s
1976
& Laughlin Steel
3'As
1961

-

48

St Louis—

Alst

Jones

96

66
96%

1

*100

llfANew1 England RR gtd 5s___—1945
t A Consol gtd 4s
—1945
England Tel & Tel 5s A
1952
;
1st gtd; 4'As series B____—.—1961
» J? junction RR gtd 1st: 4s
„1980i
:
New:1 Jersey Power & Light 3s>—^.-1974
New Orleans Great Nor 5s A—---1983
New Orleans & Northeastern RR-4Ref & Imp 4%s series A
1952
New Orleans Term 1st gtd. 4s_-,
1953;
tNew Orleans Texas & Mexico Ry—
jANon-cum lno 5s series sA_-——1935
ACertificates of deposit—

59'A

54%

30

58

60%
65%

96

''

J-J

59%
70%

58%
69%

2%s debs_1970
'National Steel Corp 1st mtge 3s—1965
National Supply 2%s debs
196T
fANaugatuck RR 1st gold 4s
1954
Nfewark Consol -Gas cons 5s_:
1948

100

101%

90

1

1

65%

New.

J-D

66

105% 105%
102y4102y4

102'A

A

Nashville Chattanooga &

__

—

series

5s

1st mtge 3s ser B
National Dairy Products

100%

98%

97

*102% 105
*100

4s

Mutual Fuel Gas 1st gtd 5s_

100

97
100

*100-

^International Great Northern RRrAlst 68 series A__~.

99% •'

*96%

-

—1978

106

100%

99%

,

1962

D^_

s series; A—Jan.1967

4'As series B—
Mountain States Tel & Tel 2%s_.

84%
108%

107%

*98-

J-J

series B—:
4'As series

100%

98%
6 7'A

78 %

*106% 109'

J-J

—-

1963

102

77%

Chic St L & N O—

ref

199Q
1962

1975

General

Constr M

93% 101'A
93% 100%
98% 102

1952

—

103% 103%

Constr M

71

M-H

195ft

—

4s
1

Lines 1st

Registered
Joint

102

1955

21

35%

35'A
*100%

103%

106%
102 y#
35%

98%

alOl

RR—

Alst & ref 5s-series I_.

101%

99% 100

Springfield Dlv 1st gold1 3%s—_1951

111 Cent and

99%
71

A-O

40-year 4%Si——
*
1966
Cairo Bridge gold 4s
1950
Litchfield Dlv 1st gold 3s_—
1951
Louisville Div & Term gold
3'As_195ft
Omaha Div 1st gold 3Si—1951
8t Louis Div & Term
gold 3s—11951
Gold |3%s
—1951
Western

191%

103

*100'/a 102'/a

•Monongahela Ry 3'As series B—1966
Monongahela
B—
Murrell
Morrell ( John) Ss-C0 3s debs—is Co
debs--—1958
2000
Morris St IPcsp* 1st Btd 3%s
& Essex 1st gtd 3 'As

105

195ft

4s—

Purchased lines 3'As
Collateral trust gold
*

J-J

1951
1951

Extended 1st gold 3'As_—
,

102

93

80
100'A

105%

*103
alOl

Moh'k <te Malone 1st gtd gold 4s_.
As
4s—1991

—

99

1977
1st & ref 5s series G——.——1978

A

102'/# 103 Va
*103%

79%.

86%

1940

Alst As, ref 5s;series A_

A Conv

Bell

79,'/a.

85%

1966

A

,

Illinois

79'/a

77%
102

Alst & ref 5s,series F

i

;

Illinois Central RR—

97%
81'/a

^Missouri Pacific. RR Co—
•

63'A

13%

98

97%

inc ser A__i_Jan 1971
Jan 1991

ACum. adjust

109%

48%

Feb 1957

Prior

88%

107

1949;

40-year 4s

140%

74

1962

111% 112%

*98'A 100

1972

Prior lien 5s series A

gold 5&—1937.
2%s
—1970

103 Vt

Minn fit Paul is Sault Ste Marie—

Missouri-Kansas,Texas

Household

98'A

90

06%

1954

AGen mtge 4s* inc ser A
Mo Kansas; & Texas 1st 4s.

Hackensaok Water 1st mtge 2%fc-_1976
Hocking Valley Ry 1st 4%s__
199ft

108%

91

1960

ser B.

t§ A Midland of N J 1st ext 5s

101%

52'A

colics

-

104'A

75.

98'/a

.56;55'/c

112'A

Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5'As
1950
t§AMet West Side El (Chic) 4s__1938
Michigan! Cr^ralV—
:
Jacfc.Lans & Sag 3%s
—1951
■i
1st gold 3'As
1959
Ref & impt 4y2s series: G
1979
Michigan; Cons Gas 1st mtge. 3 % a. 1869
1st mtge 2%s
1969

65

2

102

100% 101%

-2018

i.——196£

B——.—_264<
Gull States Utll 1st M 2%s
197(

98%

62

1

*111

May Dept Stores 2%s debs
Mead Corp 1st mtg# 3s

91

9.

102.

f.

—

93%

63'A

16

99'A

Manati Sugar 4a sink fund—Feb 11957
AManilaiRR (Southern Lines) 4s
1959

104%

87

97%

63,'A-

/' 1st mtgafii

104%

98'/a

87 'A

*8%

.1959

Gulf

100

93%

■

*—

—

s—

Greyhound CorR 3s debs__,
t

*—

,

—

1961

Green Bay St West deb
ptf* A
A Debentures
ctfs B—

129

99

103%

11

95

91
*97

Central RR 4%s ser A

Maine

133'A

93%.

2010

Atl Knox & Cine DiV 4s

117%

128%
122'/a

100%

103% 104

2003

101%

114%

9ft

2003

—1980
1855

103'/#

101%

*100

_1982

...

R

100%

122%, 122%

•

—

1990

O

14

series F—

M 2%s ser G-

Bt Louis DiV 2d gold 3s__,

86%

128% 129

1976

ser

105%

7.7

114%. 115,

1973

s—a.—

43

*100%

—1952

ser

Gen

Gen mtge 2'As

100% 101

,-1947

Great

86%

8.6

104

M 3%s

ref

1st & ref

1

—,

1997
1997

registered—
Lake Shore coll gold 3'As
1998
3'As registered
1998
Mich Cent coll gold 3'As.
_1998
3'As registered
1998
New York Chifcago & St Louis—
Ref mtge 3'As ser E___
—1980
1st

mtge

3s

ser

F

1980

A-O

-

J-J
J-J
F-A

F-A
F-A

F-A

78%

*—.

66

81'A

73%

74 V#

62%

77
72%

61
94
90 %

101%
97%

,

THE COMMERCIAL &

(1276)

28

RANGE

Friday

Interest

Sale Price

Stock Exchange

New York

Week's Range
or Friday's

Last

Period

BONDS

Bid & Asked

Y Connecting RR 2%s eer
N Y Dock 1st gold 4s

B... 1975 *

-

Friday

il95l

N Y A Harlem

gold 3%s:—_——.2000
Mtge 4s series A
,———2043
Mtge 4s series B
—2043

N
<

Y

Lack A

deb

99%

APlttston Co 5%s inc deb—

101%*
103

,

110

t A Providence Terminal 4s
Public Service El & Gas 3%s

1st

.

60

1st A ref mtge 3s.

;

4844

4844

49

72

28%

52%

Jf-fl

48

47%

48

7

27 Va

1954

13

*155

2037
2037

*107

165

*237%

—

108'A"

51%

28 Va

48

47 Vi

4744

477/s

A-O

1955

J-J

49

48 Va

49 V4

94

28%

52

1950

Jf-N

49'/a

48 Va

49

Va

120

28

52%

47

48 Vt

75

28

51

A Debenture

certificates

AConv deb 6s

lACollatferal

i

3 Vis—_1950

6s

Debenture

1st A ref 4Vis- series of
A

52'/4

53%

186

30%

79

80 V4

49

53%

1144

11 Va

11 Va

36

9

20%

53%

49 Va

50 Va

293

29

53%

65%

G4 44

65%

681

64%

70

J-J

32%

32

33 Va

622

32

38%

-

m-w

Gen mtge inc 4 Vis ser A w i
2022
$ A Harlem River & Port Chester—

—1954

M-S
J-D

1st 4s

——

General

1955

4s

N Y Power A Light 1st mtge
AN Y

&

Putnam

*

N

Y State

2%s_1975
gtd 4s_i_1993

1st. cons

Elec

N

Y Steam Corp 1st 3 Vis
1963
JN Y Susquehanna & Western RR—

51st

refunding

J A 2d gold 4 Vis
J A General gold 5s
J A Terminal 1st gold

8

64

3

'

5%

17

100 Va

104 Va

10044 101

661/4

6644

11

66 Va

83 Va
101 Va

22

11

11 Va

26

107% 10744

9

83 Va

Niagara Falls Power 3Vis„.
1960
Norfolk Southern Ry Co—
A Gen mtge 5s conv inc—_
2014
Norfolk A Western Ry 1st gold 4s_1996

M-S

4444

12

A-O

133

134'/a

3

North

M-S

*_Y

129

Central

Gen

A ref 4 Vis

series A

4s

lien

3s

registered
4Vis series A
Ref A impt 5s series C
Ref A impt 5s series D
Ref

.

.

L.2047

A .impt

2047
2047
2047

1971
1996

2d

J-J

100

96 Va

66

1st mtge

48%
136%
126% 126%
33%

*64 V4
95

90%

9

92%

104

.

94

trust 4 Vis
Northern States Power Oo—

(Minn)

1975

MS *

..1974

mtge 2%s
1st mtge 2%s
(Wise) 1st mtge 2%s_:

103%

102

1975

100

100%

100

A-O

100

100

101%

guaranteed

1st

,

2%s

mtge

4s

1948

Oregon-Washington RR 3s

A

ser

F-A

11
7

103 Va

1960

12%

19

11

99 Va

105 Va

99%

10

99 Va

98 Va

1

98%

103

105 Va

24

105

104 Va

3s

1st

ref

Indiana

Pacific

A

ref

ref
ref

A

J-D

*_.

107 Va

.1971

series

3s

1st

J-D
J-D

105

105 Va

K

L__,

3s

1st A

,

I960

...1974

J-D

1979

J-D

3s... series N-;-*—.—1977

J-D

series M

1st 8cv ref 2%s series P
..1981
Pacific Tel & Tel 2%s debs__.___1985
2%s debentures
:
..1980
Paducah A HI 1st s f gold 4y2s__._l955
Paterson & Passaic G & E

(Oregon Lines)
Gold 4VaS

cons

5s_1949

Pennsylvania Co—
Gtd

,

4s Aeries

E

trust

Power

A

etfs*__.

1st mtge 3s
3s s f debentures

Light

109

108%

105

109
109

9

104%
104 Va

20

105 Vi

109 Vi

101%

104

"r 102

99%

104%

6

101%

106%

104

104

106%

*104

._

a

197J

Standard Oil of Calif 2%s

A-O

42 Va

4244

/

if-*

41

44

*JL

J-D

'100

106%

107 y8

Standard

/. .£1
108

104%

—

..1965

stamped dollar.,
.1948
sinking fund 4V2s_—_il960

106%

19

102 Va

105

102

15

101%

104

10133 102

Jf-N

2

101 tt

103%

Terminal Rft Assn of St Louis—

4VaS .series A—___1965

series

5s

Genferkl

444s

Gen

mtge

Conv
Gen

deb

B__

i_—1968

series D___

4%s

1981

series E.—_____1984

3 44s

....1952

...

mtge 3 Vis

F_.

ser

Peoria'& Eastern

1985

ext..—;

4s

102

102
115

115

115 Va

8

115

122%

J-D

104%

104%

104

124

104

118%

J-D

107%

107 % 108 Va

62

10?

125%

A-O

100 Va

99% 100 Va

82

99%

99%

99 >/a 100 Va

100

99%

118 Vi

100% 101 %

56

99%

103%

87 Va

101

J-J

101

A-O

•

*_.

J-J

87%

..I960

A-O

Apr

,

F-A "

"106V4

65%

66

1644

17

2
v

15,

59

12%

118%

75%
39

••

100%

103% 104%

100%

105

*

103%

MS

106

123%

130

120

126%

—

•

Phila Bait A Wash RR Co—

series B

....1974

General

gold 4%s series C—
Philadelphia Co coll tr 444 s
Philadelphia Electric Co—
1st

&

ref

234s__

1st

A

ref

2%s

1977

J-J

.1961

J-J

—.1971

...

F-A

123

*120

-

121 Va

105 Va 106

106

J-D

102

v..102

—1967

MS

1974

MS

101

101 Va

1981

J-D

*._

101%

1937

J-J

1964

F-A

f Pittsburg Bessemer & L Erie 2%s_.1998
Pgh Cine Chicago A St Louis Ry—
;
Cons gtd 3%s series E
1949

J-D

1st

&

ref

...;

244s

JIA Philippine Ry
A

—

2%s_

,1st A ref

Certificates

-

;

1st s f 4s

of

4s

13

13

13%

T

gtd

102 V, 103 Va

deposit.:

Phillips Petroleum 2%s debs.

Cons

102 %.

series F__

Cons

/Gen mtge 5s series B

Af-N

i960

106
112

F-A

1904

__

106

*109

F-A

...1963

....

100

*102%

J-D

1957

....

101% 102 Va
*—

F-A

1953

.

gtd 4s series G__
Cons gtd 4s series H___
Cons gtd 4Va8 series I...
Cons gtd 4 V2s series J
Pgh Cine Chicago at Si Loua>
Gen mtge 5s series A

101%

*__

119%

118

Jf-N

118 Va

*118
..

_.

KR—

i__1970

J-D

1975

A-O

107 »/4

107 %

107%

107 %

107 V* 108

.1975

A-O

1st mtge 3%s_1964
Consolidation Coal—

Gen

MS

103%

103% 104

103 Va

mtge

3%s

.

E__

ser

Pittsb Coke & Chem

Pittsburgh
3 Vis debentures
Pitts Steel
-1st mtge

i960

J-J

1st mtge 4V2s

1950

J-D

4Vis series B

—1950

J-D

Pittsburgh A West Virginia Ry
1st mtge 4 Vis series A

93 Va

103 Va 103 Va
103
*

103

103 Va 105

1958

J-D

.1959

A-O

86

86

..I960

A-O

84'/a

86

Youngstown & Ashtabula Ry
series A...
1948

J-D

1st mtge 4 Vis series B
1st mtge 44is series C

Pitts

92

1st gen 4s
1st gen 5s

series

B

gen 5s series C
:
1st gen 4Vis series D_._-.__
see

page

29:v




F-A

1974
.

90

*101% 102%

_1962

1st

For footnotes

*86%

J-D

*120

1977

J-D

*11844

*—

117

4s ser C—
27/aS series D_
deb.

Ref & imp M

F-A

: A Incomer 4s
—Apr 1990
Peoria & Pekin Union Ry 5%s——1974
Pere Marquette Ry 3%s ser D_.__1980

General lis

debs—_1966vi

'(NJI deb 2%s_——1971 I
2%s debs—Y,—-1966
debs
1972 ..

104%

102%

35

102 Va 103

A-O
Jf-N

General

Oil

Sunray Oil Corp
Swift A Co 2^8

102% 103%

103 %

A-O

—.1948

sterl

Cons

Merles F—1

Co—

.Consol gold 4s

General

E———1986
—1998
G.:—~—1901
Southern Ry 1st cons gold 5s.*—1994 1
Devel A gen 4s series A——1956
Devel & gen 6s series A——.—.1956
Devel A gen 6%s series A———1956
Memphis Div 1st gold 5s
—1996
St Louis Div 1st gold 4s
1951
Southwestern Bell Tel 2%s debs—1986
ASpokane Internat 1st gold 4'/as__2013
2%s

,

21

V4 102'A

*104

Jf-0

Va

104%

99 V4 100

99 V*

109

1969

.11981

1st mtg3%s ser A.1978

1st mtge 2 Vis ser

Pennsylvania RR—
4s

...

1977

Pacific RR Co—

1st mtge

12

J-J

.1952

15

*10044 101%

A-O

Pennsylvania Glass Sand 3%s—__190O
Pennsylvania

4 VaS

1994

A

1st mtge 2%s ser

108%
106 Va

L.j,.

105 V» 106

Y

•

,

n

104 Va 105 Va

105 V4

J-D

-

'

104% 104 Va

104 Va

J-D

Pennsylvania-Central Airlines—
.-344 s conv inc debs...:..*.*—..I960
•>

*108%

1987

Ry 2%sCo—

1st 4%s

San Fr Term

....1970

1988

—

debentures

Southern

106%

,

1979

Southern

Southern

series

3s

1963

debentures

2 %s

103 %

98 Va

98 Va1

A-O

"

2%s debentures

Pacific Gas A Electric Co—

1st A

1971

1941

Gold

'

A.
debs—

1960
1976

P
•m A ref 3Vis series I.—■
1st A ret 3s
series J

Oil 2%s

Union

Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
South A Nor Ala RR gtd 5s

107 Va

11V4

A-O

1975

'?

12%

103 Va 103 Va

J-J

MS

1975

—...—

Oklahoma Gas A Electric 2%s

1996
2016

Southern Bell Tel A Tel Co—

1974

1st mtge 3s

1989

A

ser

t§ASilesian-Am Corp coll tr 7s

JOgdensburg A Lake Champlain Ry—
A 1st

gtd 4%s_—1941
3%s B
1971

Gen mtge 4V2S ser

Shell

.

Ohio Edison

Union Depot

1st mtge 4s
A

104 Va

*_.

100

A-O

.___1977

1990

Seagram (Jos E) A Sons 2%s debs. 1966

104%

10244

F-A

—Nov 1989

Scioto V & N E 1st gtd 4s
Seaboard Air Line RR Co—

■

1st

Line RR

§ A Short
St Paul

103%

99%

6

106

—1989

ctfs

tSt Paul & Kansas City—.

101

100

101 Va 102 »/a

101 Va

bond

inc

A ref gold 5s series A

St Paul A Duluth 1st cons gold 4s_1968

,

Coll

4s

A Gen

1997
2022

Ry—

certificates

bond

4s

A 2d

76%
72%

61

1O0

98 Va

98 Va

J-J

33

97

98

99 Va

J-J

109%

60%

4s ser A
4%s ser A—i

Louis-Southwestern
1st

113%

99

4

68

-

2nd mtge

'St

128

101

39

67 Va

1996
1955

St Louis-San Francisco Ry Co—

128

100

Q-J
Q-F
Q-A

-'

109

132%

44

105

67

:

Jan 1 2047

3s

Power 3s ser A
1st gold 5s
gold 6s
St L Rocky Mt & P 5s stpd
St Lawr A Adir

<

20%

9

107%

120

103

103 Va

Q-J

1997

1997

registered..:

43%

MS

—1974

1934
.1949

-1941

Saguenay

101%

101

.

A-0

A ref 5s—...1974

gen

Northern Pacific. Railway-rPrior lien 4s
General

f

U

17%
92

83 Va

5

101

&3V4

Rutland

a

40

~9%

55

17 Va

Jf-N
J-J
J-J

Y

—1969

stpd____
RR-4%8 stamped.
4s

34

14%

5s
—1943
Telephone 2%s ser D——1982
JjAN Y West A Bost 1st 4Vis
1940
N

93 Va

•

105% 108%

Ref & imp
Texas Corp 3s

95

*102 Va 103 Vi

107

29%

3844

*22

16%

103%

105

38

series J

3%s

mtge

tARut-Cahadiaii

103%

"105

J-J

Gen

t§AR I Ark A Louis 1st 4%8

77

59

100

J-J
F-A
F-A

1937
1937
1940

5s_

13

4%

J-J

—.1977

2%s

Gas

&

9%

344

100l/4

MS
A-0

i

14

9%

444

Reading Co 1st A ref 3%s ser D, .1995
Revere Copper & Brass 3%s
-I960
Rochester Gas A Elec Corp—
Gen mtge 4%s series D
1977
Gen mtge 3%s series H
—1967
Gen mtge 3%s series I
—1967

104%

97%

99 Va 100

AT-N

JAN Y Ont & West ref 4S—June 1992
A

101

80%

j-d
J-J

.

,—2007

101

56%

80

_

1927—1907

1—

w

53 Vb

A-O

,

1957

4s

ser

Quaker Oats 2%s deb

J-J

.1940

:

a

1st & ref(4S

J-J

—1948

—-

trust

A

-

5s_.

No.
7/

100

51

ANon-conv deb 4s

y

*__

2016
198B
—1966

Bonds

Sold

High

109% 109%

.j—____.1972

1st & ref mtge

ANon-conv deb 4s

■

*10%

1956
...1968

1st A ref mtge 8s

If-8

Range
Friday's

*111

1977
11957

85%

68%

77

"73

or

Bid & Asked

1960

mortgage 3448—
t A Providence Securities 4s—.

00

69%

69

69

1st M 3%s

El Pwr

Potomac

110%

103

108

"104

Week's

100 ': 100

1964

103 Vi

1947

:

3%s

3Vis—

ANon-conv deb,

-3

96 Va

1947

ANon-conv deb 4s
ANon-conv

99%

Sale Price

Low

*103% 112'/a

Jf-N

-

11

Last

Period

York Stock Exchange

New

High

Low

No.

*101

—

Jf-N

4%s -series B—
—*
-1973
IN Y New Haven & Harford RR—

97%

99%

J-/

series A—1973

4s

West

-

High

Interest

BONDS

:■

January 1

Sold

96 Va

A-0
F-A
Jf-N
J-J

26

SEPTEMBER

ENDING

Range Since

Bonds

Low

N

WEEK

FOR

RECORD

BOND

YORK

N EW

Monday, September 29,1947' ■'

FINANCIAL CHRONICLE

►

1

mm

Volume 166

Number 4633

THE COMMERCIAL & FINANCIAL
CHRONICLE

(1277)

NEW

YORK

RANGE

Friday
BONDS

Last

Period

Sale Price

or

:

Bonds

Friday's

Bid & Asked

Low

Walker (Hiram) G & W 2%s debs.1966
Walworth Co conv debentures 3%s_1976

BOND

WEEK

ENDING

M-N

Range Since

Sold

Low

*99'/a 100

Af-N

95

A-0

New York

94

F-A

*__

J-D

2

100

1st mortgage 3s
Winston-Salem S B 1st 4s

107%

^Wisconsin Central Ry
8 A 1st general 4s—

105%

57%

*100%

50 ;

Wilson .&

60

110% 110%

3

101%

102

103

103

V

110%

113%

106

106

106

10

105%

§ASu

of

or

107

107

6

106%

102%

102% 103

10

101 %

101% 101%

22

101%

93 %

16

79%

*103

67

Low

J-D

J-J

21

105%

118%:

60

83%

82%

66

21

98

98%

13

*—

108%

.*97

100

75%

15%

10

*19%

1976

High

103

116%

6667

Af-N

2%s

NO.

103%

*—

deposit.

Power

Range Since
January 1

Sold

'*117%

J-J

lst4s—1936
I'

Bonds

High

24 y8

18

21

98

102

106

M-N

-..-1949

Low

106%

101%

A-0
J-J

109%

May

of

Electric

1958
—I960

Friday's

Bid & Asked

deposit—

& Du div & term

Wisconsin

*

107%

107

A-0

West Penn Power 3%s series 1—1966
Western Maryland 1st 4s
.—1952
Western Pacific 4Vas lnc aer A—.2014

Sale Price

.

ACertificates

J-D

,

Week's Range

Last

Period

..

Co

ACertificates

100%

—

J-J

—

Friday
Interest

,

Exchange

100%

40

107

*53

Q-Af

Stock

High

•

98%

96 y»

107

F-A
,

26

BONDS

January 1

Ho.

■>

High

Ward

Baking Co—
5%o debs (subordinated).
.--1970
Warrfen BR 1st ret gtd gold 3 Mrs—2000
Washington Central Ry 1st 4s--_1948
Washington Terminal 2%s aer A—1970
Westchester Ltg 5s stpd gtd.1950
Gen mtge 3%3
——1967

RECORD

SEPTEMBER

Week's Range

Interest

-

New York Stock Exchange

'/

FOR

t

Wisconsin

Public

Service

3%s

1971

108%

109%

Western Union Telegraph Co—

Funding & real estate 4 Vis

1950

25-year gold 5s
30-year 5s

——1951

West

debentures

197JI

1st

ref

2%s

M

3%s

mtge

95%

75

93%

*101% 102

95

100 7/a

101

101 %

6

M-S

65

64%

65%

25

57

64

63

64

11

55%

104%
100

102 %

100%

103

A

1992

D

ser

J-D

1970

*97

M-S

1

1967

—;

__

99%

*99% 100%

J-J

99%

99% 100

50

76%.

99%

1976

J-J
,

106%

*104%

& Power 2%s

101%

100

dellv?ry sale not lncIuded la the

year's range,
d Ex-interest,
e Odd-lot sale
not
in the year's range,
n Under-the-rule sale not
included in the year's range;
r Cash sale
not included in the year's
range,
y Ex-coupon.
...
SNegotiability impaired by maturity.
fThe price represented is the dollar
quotation per 200pound unit of bonds. Accrued interest payable at the
exohange rate of $4 8484.
V
tCompanies reported as being in
bankruptcy, receivership, or reorganized under Section 77 of
the Bankruptcy Act, or securities assumed
by such companies.
*
Friday's bid and asked prices; no sales being transacted
during current week. '
*
ABonds selling flat.
.

72%

Af-N

101

Elec Lt

f
included
.

103

M-S

-1949

series

Yonkers

103

101

%

Af-S

guaranteed

Wheeling Steel 3148 series C1st

76%

102

2361

——

4s

Wheeling & Lake Erie RR 4s
&

106

92

-2361

Shore

Registered
Gen

93%

90

J-J

94

92

?o

J-J

1951

Westinghouse El & Mfg 2%s
2%8

M-S

1960

93%

101%

,

i

NEW YORK CURB EXCHANGE
AND

WEEKLY
NOTICE—Ca3h and
in

footnote

a

in

the

RECORD

YEARLY

deferred delivery sales are

week in

which

they

disregarded in the week's range unless they are the only transactions of the week, and when selling outside
the regular weekly range
No account is taken of such sales in computing the range for the year.

occur.

•

In the following extensive list we furnish

*

•

are

shown

«

complete record of the transactions on the New York Curb Exchange for the week
beginning on Saturday,
Sept. 20, and ending the present Friday, Sept. 26. It is compiled from the daily J 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.
,

a

RANGE

Friday
STOCKS-—

New

York

Curb

Par

ACF-Brill Motors warrants
Acme

Aluminum

Acme

Wire

Adam

.

Alloys

4%

Inc..

,1

.

3

:

Appliance.:

pfd__

Airlines

lnc

Altorfer Bros Co
$3.75

Co

common

of

Aluminium
<■'

'

Ltd

American

;

,

'!

Co—

—

convertible

-

25

10c

Blue

Feb

Blum

1

:;Jan

Bohack

Bourjois

lnc

300

161% May

195%

Feb

Brazilian

Traction Light

,

Scrymser

90

50

50

Mar

52%

Sep

7%

Jan

»

100

37%

9,000

36%

200

110%

Apr

2%

May

17

100

Amer

113

49

Jan

43%

Sep

51

Jan

13%

Jan

19%

Sep

32%

33%

400

19%

19%

45%

124% 124%

3%

1,900
,

2,900

American

Mafacaibo

American

Metal

3%

Jan

29% May

37%

Feb

18%

Sep

24%

Jan

28%

Jun

32 % July

14%

American

Meter

Co_____-__i

American

Class

Potash

& Chem

*

—'

Amer Superpower

Apr

17% July
4% Feb

'

Amer dep

Common class A non-voting

:f.f

6%

7

7

_

British

American

iji
'

{i

*5
v.

;

t

-

■(

....

18

17%

5%

Amer dep rots ord reg
Class B_

18%

—

"5"%

"5%

600

8'%

100

Atlantic Coast Fisheries

;_*

1

^

1

Avery
6%.

Voting Machine.^.

(B F)

& Sons

Ayrshire

Collieries

*

common

5

.....

25

preferred

Corp

1

63

19%

19%

13

13

200

3

200

100.

3

23%

23 %

100

-* "
21%

21%
7%

22%
8

1,700
500

Feb

May

9%

Jan

110
'
5%

110

-

111

-

500

1700
260

5%

5%

.

5%

1,500

5%

5%

6

3000

syA.

10%

__

"

53410%

1,000

__

10%
12%

10%

12%

300

110

800

%

SVs

__

6

6

1

„

800

8%

100

6%

900

5%

5%

2,700

31%

30%

32%

2^600

5%

5%

__

200

24

July

5%

Feb

10%

Feb

Sep

114% Mar

rs% -Feb

3'% May
Jan

10%

Jun

9% May
10% Jan

Sep

% May
4% Jan
5%
50

__

Aug
Apr

6% July

6% July
11% July
114

14%

Mar
Feb

127/8 July
11% May
1%

Jan

11% July
9% Feb
63

July

3% May

7

Feb

24% May
5% Sep

37

Feb

9

Jan

13%

-

♦

52%

1%

preferred—
For footnotes

30
see

page




33.

__

40

Calamba

7%

Feb

Sugar Estate.^

California

Electric

Tungsten

Camden

Fire

Canada

pfd-

6% May
14% July

Feb

5% Aug
26%

10%

Jan
Jan

22

Feb

Jan

,*6

Feb

19%

Sep

#5

Jan

14% Aug
Sep

13

-r" !21%

Jan

20%

Feb

2%
23

Sep

4%

Feb

July

27% Mar

1% May
15 % May

2% Mar

5% May
Jun

23% July
9
Feb
47

Ji.a

Feb

26%

Feb

10%

Jun

12%

Feb

16%

16%

16%

1,000

15% May

—

14%

10% May
% Jun

1

%
3%

14%

100

%

18

6,100

3%

3%

1.200

__

.

,

V

3%

Sep

12% May"

19% Mar
15

Sep

1% Mar

-7, rPeb
13% Aug

"

Co

4% Apr

7%

400

7%

8 %

3,000

2%

2%

2%"

300

7% May
2% May

21%

3% Mar
8-

10

5%

Mar

Jan

Feb

Jun

23 % Mar

*

Jan

20

Jan

26

May

26

May

*

—>—T

20

^20

Canada Gement Co Ltd common

preference:—

IV2
8

22

May

22

May

Canadian Canners Ltd.—

Convertible
Canadian
A

Class

B

Canadian

7%

preferred

Industrial Alcohol—

Class

non-voting—
Industries

1

Capital City Products—
Carey Baxter & Kennedy
& Co

Carolina

Co

Amer

1

.

10

common

&

,

——

Light $5 pfd

Biscuit

1%

1,600

"7% "7%

400

48%

49

210

~8% "9

3,400

Jun

Jun

165
3

Jan

45

Mar

34%
6%

Jan

10%

23

~

July

32%

Jan

43

% Jan

51

Aug

Feb

115%

Feb

119

July

7%

Sep

20

Jan

1% July

1%'

2s 6d

Jan

54

Sep

Catalin

3

Apr

53%

Sep

3.50% preferred—
T
Central Ohio Steel Products—.——

Power

9

1
:

(A M) & Co
Corp of America
Maine

"I

*

—1

Co common

Casco Products common

Castle

Jan

,

dep rets B ord
(J W)

1%

*

Co

Ltd—

27

Carter

1%

.-*

lnc—

common

Power

Carr-Consol
Carreras

Jan

15

1% May
Apr

165

100

preferred—.

Carman

15%

Ltd—

Canadian Marconi

Carnation

9% May
9 % May

—*
*

voting...

Jan

Jan

2% July
6% Jan

*

Ltd—

Feb

42%

3% Jun

5

24%

Sep

500

1

Corp.—.—:

31%

37% May

3%

1

Power—...

Insurance——

Bread

6%%

3%

£l
—:—1

25

40

20

Jan

Jun

Feb

25

50c

Products common

dep rets 5%

300

200

4

Apr

17% Jan
22% Jan

Wireless—

American

Feb

40

12% Aug

Jan

(

:

16

3,000

14% May
17% May

:r

1,200

.

.

5% May

53%

i},

37

11%

._i—_;_25c

(

*

Cable Electric

Central

52

Baldwin Locomotive—

132

Jun

11%

--

12 %c

10% May

54

May

H /a

:
rets..—

600

25%

116

2.50

—

1,000

25 %

__

15

55

*

14%

53

—

14% Jatf
; Apr

May

32

—*

6V2

__

B
Babcock & Wilcox Co...

I

Callite

4% May
3% May

9
1

May

7% Jan

110%

__

12%

.3 %

Corp Amer dep

Cables &

Jan

3%

Jan^

Feb

9%

16%

9%

——5

;

Bunker Hill & Sullivan
Burd Piston Ring Co..

Feb

5%

Jan

A Sep

8"%

Buckeye Pipe Line

<

7% Jan

3%

8%

...

Jan

Apr

__

,

,

—*

Bruce IE L) Co common....1Bruck Silk Mills Ltd..

Jan

5%

5%
1™.

1%

300

50

i

.Atlas Corp warrants
Atlas* Ply wood Corp
Automatic

1

...

Co

*

■

6%

.

Jan

11% Feb

6%* -Feb

•

Sep

__

•

__

23%
l"l*c

%

.

Jun

11%

33

:•

—

Brown Forman Distillers.—...
—1
Brown Rubber Co common..—:—1

Burma

6%

.

r4

May

7%

600

8 %

>

——10c

J.—

.—

Burry Biscuit Corp
Butler (P H) common

200

6

24% Mar

23

£1

British Columbia Power class A

Feb

2,100

£1

America

) Automatic Products—
1;

i

of

Assooiated Tel & Tel class A

if Atlantic Coast Une

•

;

dep rets reg—

Laundries

600

Sep
Apr
42
May
4% Aug
1

1',300
*:

.:

Feb

Celanese Ltd—

Feb

A

i«i Assooiated Electric Industries—

riLAssociated

3%

'17 100

r

Jan

21%

rets ord bearer——.-£1"

43

7%

&

Light $7 pfd__.
ti^ Aro (Equipment Corp.-;
^2.50
? ?t.'Ashland Oil
<k Refining Co—^
1

*

Jun

2%

23

37% May

.

*

dep rets ord reg....—:

43%

%

...

:

10

1%
56%

24% July
48% Sep

29% May
16% May

7%

.

•

preferred..—.—

( Arkansas Power

May

600

""

£1

t,t:

',

56

;

common...

Jan
Jan

17%
1,200
4%::,*- 7.00,

37/3
I t

V

5%

1
■

15
35

__

_

.

4i/s

A

rets ord reg

Arkansas Natural Gas

35%

1

AngOstura-Wupperman
l
Uf^Aper-Elec Manufacturing Co__i—__Ll
'^-Appalachian Elec Pwr 4%% pfd—^lOO
;Argus Inc_^.->-——U
1 i f

34%
17'

"

'600

32

23,% —

45C

56

2

\

"2% May

100

23

"I

5

Angerman Co lnc common..

Anglo-Iranian Oil Co Ltd—

.

^

'

5

Post Products—
Rights w i—

3,300

II

_*

Anchor

"

34%

—2

rcommon

700

3

17%

-

Corp comi^._—10c

American Writing Paper

15%

45

__

_•

»,

46:series preferred—_____—
American Thread 5% preferred.—.

,

2%

10

*
■

15%

3

—

Republics..,...--....
Seal-Kap commoni

American

{

CI

—__2

class A____*

B_—

American

__

.1

Products Co

Co.—.

,

25

common.—'

35%

500

...

American Mfg Co

Apr

Sep

10

*

'

Feb*

3

10

—*

*

6

6

6%

1,200

Apr

11

Mar

6

May

9

Jan

30

10
1

1%

"9%

10

3,500

May
9% May

43%

Feb

17%

Feb

Co—

1

87

87%

40

18%

18%

600

15 V8

98%

98%

50

98%

97/a

10%

15,900

87

100

Central Power & Light 4% pfd
.100
Central & South West Corp..——*

f

Jan

%

Sep
7% May
6% May

100

1

Co..^_—:

180

May

25

32%

11%

45

3%

——*

American Tobacco^—t

Amer dep

Jan

400

19%

British

Feb

19%

18%

11%

45

-*

BritishrAmerican Oil

Jan

3%

May

17%

—1

—

A..—J-

23

44%

44%

Class

43%

2% May
42% Sep

43

200

3%

*

...

Aeronautical.

V'

8% Mar
23

'

May

50

43

17% xl8%

•

& Power

Feb

1

14,700

11 %

*

Bridgeport Gas Light Co
Bridgeport Oil Co
Brillo Mfg Co common

.1% Jan

Sep

111% 112%

; 2%

17%

Co..——25

Corp common

Brewster

Feb

3% Mar

% !?Jun

19

1%

.

5

4% May

36%

l36% Sep

_*

—

Feb

31

1

1st preferred—-——100

Sep

2% May

May

Jan

7%

1% July

140,

1

common....

32%

700

-:lff%

300

Feb

20%

Jun

16

1,200

1

&.Co common

Co

Jan

"1,700

19

7%

(S)

(H C)

Borne,

%

...

Hard Rubber Co.———25

Blumenthal

Feb

80

Ridge Corp common——
(Philip) & Co lnc

Sep

5%

__

American

i-

Aug

Feb

*,»«

__

_i

Laundry Mach__J:__:
20
American Light Sc Trac.common__.__25
6%
preferred..—..
;
25

5

22%

5 %

36%

18%
1%
2
136% 141%

6%

19%

16

1

—

105%

'£•

%

200

—

*2 3
25

common

Feb

(

May
5 % May9% May

Birdsboro Steel Fdry & Mach Co com.*
Blauner's common
3

.'Apr

'r

5%
■"

111%

—

Jan

18

52%

16

*

Jun

Breeze

52%

50

17%

136%

1

Jan

lnc

19

1,300

Apr

Mar

100

2%

6,500

6%

Feb

11

July
3% May

*

Bickford's

Aug

102%

&

ISO

—

'

13

6

18

1
100

5%

:

6'/a

1

common

Canada

Hedges common
Convertible preferred
__1
Berkey & Gay Furniture

.

52%

_1

preferred..
$2.50 convertible preferred...

Benson

2% July
70
Jan

10

American General Corp common

Jan

(A S) Shoe Corp—

22'

2%

100

preferred

Jan

of

.

1.
1

Fork & Hoe commoiV——^

American Gas & Electric——

Aircraft

Bell

High

9% May

1

common—

172%

;

171

__

.

500

Bellanca.

Ties

32%

22

32

__

Americah & Foreign Power warrants—

American

103% 103%

...

Beck

Feb

(L)

11%

„vJanJil
Jail 1(1

17

200

1

Feb

108

48% May

14,10o

5

common

& Co common

Bauman

Beau-Brummel

6"% July

"4 %

17

4%

1

Feb

92

~4%

Low

10%

8

1

...

lnc

Feb

Tel

Range Since January 1

High

10%

^

Seelig Mfg—

Refractories

9

6% Aug

13

57%

&

$1.20 convertible A

5%

Jan

Low

1

Corp..

4%

Sep
May

3

100

...

...

._*•

—

$2

1,600

,

100

B

4%%

6%

56%

57

•

American Cities Power & Light—
Class A__

American

4%

15

103%

Barlow

Feb

38

Jun

5 '

_♦

American Beverage common——.

:

4%

„

•

American Book Co

Class

4

67/a

*

...

V

Car

500

-

103

4%

100

w_—

common..:

Bantam

6

300

1

common—

f

\

5%

*

common...*

preferred.!.;

Aluminum Goods Mfg
Aluminum Industries

4

.

..5

l—;

America

cumulative

2,400

Steel

12%

July
Sep
3% Sep

Shares

shares..

i~5

1%

81

1

Aluminum

lYa

37/a

J

1

Fisher common..—

3%

for Week

los Andes—

de

Barium

3% Aug

Sep

3% May

1%

__

100

Allied Internat Investing Corp
;
Allied Products
(Mich) common

Aug

10% May
7% Jun

50

Alles &

\

300

300

—

„

Feb

2

'

■

Aug

11%

31

3

Banco

Basic

8%

1%

10

Alaska

I

j._

Feb

American

Sales

Range
of Prices

Par
Baldwin Rubber Co common

31

Week's

Last

Jan

2%

400

13%

8%

Friday
Sale Price

Exchange

12%

Jan

6% May

1,300

2%

Curb

High

—

13

__

50c

Alabama Great Southern
Power 4.20%

3 '

—

__

2

900...

10

;
...

2%

—

1

Convertible preferred—

23

York

New

5%

May
4% Aug

3,200

7%

2%

__

5

Aireon Mfg Corp common
60c convertible preferred—

6%

.

—

—1

,

Ainsworth Mfg common..
Air Associates lnc (N J)
Air Investors common.-—

Alabama

L

Low

4%

-

26

STOCKS—

„

Supply Mfg capital stock
■;
.1
Surpass Shoe Stores.;—_—...*

Air-Way: Electric

4%

SEPTEMBER

Range Since January 1

High

10

Agnew

.

Shares

3

T

*_—

common

Hat Stores

Low

ENDING

for Week
-

-

Aeronautical Products Inc..
Aero

of Prices

WEEK

Sales

-

Range

Sale Price

*

,

Co

Week's

Last

Exchange

FOR

18%
10

Sep

May
Sep

8% May

96%

Feb

21 % July
102

11%

Jan

Feb

■

%«»

a*.*

0

COMMERCIAL & FINANCIAL CHRONICLE

THE

(1278)

RANGE

Week's

Friday

Exchange;

Curb

Shares

Conv
Conv

Co

Aircraft

Charts

Corp

Low
125

11% May

24%

common

72

260

46

83

22%

Jan

May

12

Apr
12% May
3%

3 %-

3%

2%

1,200

18

May

5
70

4

18

17 %

1

225

77%

Mar

14

400

1

May

300

93

May

36

35%

37

15,000

23% Jan

.—5

12

11 %,

12

300

10 % May
8 % May

—10
1

Development
Colonial Airlines

7

7/

300>

7%

1

6%
X33y2

—1

7%

1,900

7%

2,500

4%

3,600

25%'Jan

5y8

1

8%

4Vs%
4%

8%

77/b

1,200
1,200
500

series

Mining
Royalty

—1

Oil

Consolidated Steel Corp common

Car-Na-Var

Cook

&

Varnish

ll3/4

12%.
x23/4

200
900

♦

34%

Hi

Ltd—

11%
13%.

Petrol

Crown

CO

Drug

(Md)

1%

% May

8

July

1 %

700

7%
2%
..

1,200

4

$5

CO

18%

18%

3,400

105%

105

105

19%

870

14%.

—

37%

1

i

8%

Derby Oil

8

Co

epmmon,
—
Detroit Gasket & Manufacturing-

Detroit Gray
Detroit Steel
Devoe &
Diana

Products' new

Co

107

p

28

6%
32

200

—

17

•

150

9

V4

100

2 3/a

500

Dobeckraun Co

1

common

Domestic Credit Corp class A

1

Dominion Bridge Co

3,300

Co

Draper

25

1

Power

20

Sep

16

Durham Hosiery class B common.
Duro Test Corp common

19

12%

300

117a Sep

3 V4

1,900

11%
763/4

70

72

40

40

'

*"

**

aw

1

,

me"

6%

preferred—

May

79

May

Auk

77e Sep
12

5%

5%

100

14%

100

May

4% May
11% May

Malleable

Eastern

1,800

82-

837a

200

67*

69%

"27a

~3

1,200

68

States, Corp

Iron.

66

69

300

1

137a

l35/a

14%

—1

565/a

56%

57%
9%

1,600

6 % May

6972

800

35%

preferred series B

Eastern

Jan

17* May
50
May

preferred series A

$6

37a

..25

;

$7

2% May
81
May
49
May

3%

.100

;

Eastern

10

Jan

Jan

67e Mar

22%, Feb
54% Aug
17% Jan

Sep

29%

Apr

18

Jan

25

Feb

2,200

16

Jun

19,74 July
143% Mar

127a

800

9% May
13% Sep

37a-

2.100

3% May

75-

59

400

34%.

30

100

..74

61%

577a

597*

300

14%

15%-

1,000

8

—

8%

900

104 Va

102%

75-

Jun

I V*

% May

Jan

51%. Aug

Apr
7% May
47% May

62% Jan

9% May

17% Feb

t

1

5"^> 8%

Jan

34% -Sep

May
July

Jan

,

55% Jan

Jun

48
25 V*

100

5,300
100

17

44

5974

.•

Jun

100

101

—10 *.

Sep

4

52% May

14

stock

136.

100|iS;3.3ft

:

common..250^4*

15%

Jan

9%. Feb

Mar

8

Sep

95% May

30

45
107a

133%

Jun

350

1377*

1Q

39%

14

Feb

-

112

July

145

Apr

47

July

Jan

1,100

—

15%. Jan

9% July

-

109%

Sep

114%

Feb

11%

100

109% 110

—100$$*-J.

& Alabastine

.

43.7a

25;^i—.

:

5,7*'

13 %

-

Paper
Electric Light

1,000

14

~~

—

Bridge Co Ltd

"

Jun

15%

Feb

Jan

1474

Sep

Corp-.,

,

Dept Stores common
Mining Co
Rubinstein——

130

571/2
3>/4

59
3Va
2%
7
7,
73/4
77a
13% 14

<

Heyden Chemical common—
Hoe

fB)

Co class A

&

40

May

700

13

Aug

750

42% May

4Va, Feb

300

6 V* May

300
200

48

Feb

Holly Stores Inc...

10% May

18% Feb
6% Feb

Hormel*

15% Jan

Horn

777*. July
74%. July

Jan

13'/2

13% Aug

20 3/4

.

203/4

53%

Jan

Sep

16

.Jan

300

8%
55

14%Mar

May

25

50

137* Feb

9 V* May

101V* May

400
100

107

Jan

85

Mar

May
Jan

157a, Feb

19% May
Mar

x35 V* Feb

8%

97a

93/4

1074

450

3,200

—

57

7% May

Aug
107a. Feb

4% Apr

#•

67* Feb

49

.

—
'

Horder's

July
50% Aug
37a July

9

10

23%

Horn &

&

Inc—

40%
37%

(Geo A) & Co common
Hardart Baking Co.
:—

,

(Harvey) Inc

—ife',35;

35

Co
Hussman- Refrigerator Co
$2.25 preferred
i

Jan

23

Aug

Jan

41% Aug

70%

325..

181

Jun

50

4,400.

43,,
Feb
116.7* July

28

Apr

36V2. Aug
72% Aug

55% Apr

common.

warrants

&

—

Huyler's common

—

1st

preferred—
Hydro-Electric Securities
Hygrade Food Products

~6

'

.—IP*:
...

—

9%
1m'- 46%

12%
6;

500

25

12 Va

aV^ Feb

Sep

42

127a

—

Feb

Mar

34% May

4%t Jun

& Mfg,

stock

35

67,%

——

27%

37
155

io°rII—

preferred

Common

3774

10

Jun

113

1

Hardart common

40 Va

Jan

20

Holophane Co common

74

9 V*. July

17% Feb

10% May

Apr

Jan

Apr

May

7%

900

107s 10%
1033/4 104,

Feb

9

13

225

%-454%

...

106

97%

Sep

900

13 '

Feb

5

27a

9

8%

—

7QV* Feb

Apt

2% May,

300

81

Hollinger Consolidated G M

4% Jan

55%

800

27a

11

'C*--

'

357* Aug

May

;87a

7v

preferred w w
preferred w w

87a. Feb

5% May

Ay' 10%
10 ^'8
—12%

4^'8%
—

—

Jan

,

9

28

—J'

Henry Holt & Co common..—...—

Feb

39

9mm*.

4%

Feb

67

50

mmmm

.100

200

"i% "i%

■

—

common

5%%

Jun

94

763/4

75

'

177a

25%

Sep

24%

^

20

143/a

__

19'/a
537a

96 %

4% May
13% Jun

■

Stores Products

Hurd Lock

preferred

110 Va

300

33.%

25«%—"•

5%

prior

Jan

100

57a

100

Humble Oil & Refining

%

115% Mar

58.%

^

10 (7;

Hubbell

4 %

Apr

3%

_* i&j—
1'
11
50

Heller Co common—

4% Jan
Feb

33%

Jan

107a May
Jan'

1,200

■'

3%

112%

12

—

Feb

96

11%
763/4

-

*

•

98% Aug

21%

'

1.1_1

common

Mar

13 %

19% Feb

2% May

33%

•

•

East Gas & Fuel Assn

May

27 %

*%^34%

Non-voting common
7%, 1st preferred—

Helena

Feb

20 V*

12% May

!

Duval Texas Sulphur

Jan

3

197b

Rapids Varnish.

Heam

7 7* Jan

Feb

400

3 Va

£1

Aug

May
25% Feb

89

Feb

——

!

Feb

31%
109-

13%

Hartford Rayon common

Feb

37a

47* Ay?

»

dep rets ord reg

Ja4

93/i

30

18%

Hazeltine

14

11% Sep

Dunlop Rubber/Co Ltd—
Amer

J»b

9%

Jan

24

xl03% July
18 % May

53.7a

Hartford

July

17% Aug

117a

"Ho

Co

Co..

14

937*

■

Feb

17

500

3 7*

*

Jan

Apr

10% Aug
6
May
7% July

700

5%

1
3%
Harvard Brewing Co
1
-l'V%.
Hat Corp of America. B non-vot com—1 ^ '. -Hathaway Bakeries Inc.
1
J 73/4

500

147*

—

32%

22

89

Hammermill

Feb

1,100

1474

— —

Jan

400

3%

Great Northern Paper—.

May

6%

177a

*

Corp

Driver Harris

Puke

12%

12%

—-

>__* '•

Ltd

6%

Feb

20%

18.7a

prior preferred..

Hamilton

12%

*

Chem

Dominion Textile Co Ltd

Jan

"3 7a

21%

Hall Lamp Co

6%

—■

Dominion Steel, & Conl B
Dominion Tar &

20

..

1

Gulf States Utilities $4.40 pfd

19

«

Ltd

300

—...

Gorham Inc class A—;

10%. Feb

23/a May

'

37a

Feb

193/4

-■

Inc common

Grocery

155

May,

9V4

tr

31
106

191/*

Inc

Jan

38

Aug

25/a

—

100

2.5(1 («^21.%

Distilleries class B:

Jan

8

Apr

6%, May
9% May

600

11%

—

117a

1

common.

300

^

—%

Feb

11%

£1

8%
8

29%

§x

Goodman Mfg Co.

Hecla

rets ord reg

50

25,

377*. Jan

May

27a

6 3%

Sep

May
3% May

700

lOo

18%

Goldfield Consolidated; Mines

Grand

8V4

43/4

8%

'vCf~

^0

Coal,

Mfg

May

2

111% 113

Class B

Gorham

104 Va

700

-

Godchaux Sugars class A
$4.50

11V4
193/4

Apr

"3V2

—

(Adolf)

Apr

6% May

93

Co

Glenmore

Gobei

15

2 V*

8

preferred—

Feb

147*

10% Apt
9% Sep

»

Feb

1

4.

25-

■iri9%'

preferred-

i.

Globe-Union

Jan

8

May

1074 May

16 %

50c

"

2,900

4%

/106

(A C) common

Alden

Glen

Jan

17

Sep
7%, May

16%

19

—10

com

common

Feb

110%

$6

Gladding McBean & Co
Gleaner Harvester Corp

Ltd

Amer dep

Corp

Corp

-

Feb

Great Atlantic & Pacific Tea—

105

300

7%
7

7

11"
—

1
1

Foundry

Raynolds class B

Distillers
Dlvco

Iron

Stores

7- 11

5

127a
29

16% May

~7.y* _8V*

1%:I|-

Jan

——

pm~

„50c

400

J/%*.

—10i

pfd;

26%

18% Sep

125

37%

774

—100

debenture

Feb

26%

H
37

•mmm

35

38 V2

200

common

Gray Mfg Co.—

•

Dayton Rubber Co class A
Dejay Stores common..
Dennison Mfg dass A common.

14V2. Feb

Sep

preferred

Gypsum Lime

..2.50

Davidson Brothers Inc

IOV4; Jan
31% Feb

Jun

Sept

67* May

1,100

D
Davenport Hosiery Mills

7%
20

200

2%

Feb

150*

14%

Mar

29%

,

16%

fx |<J|
2^./.\^5
^ #

Feb
Feb

5%

2.5o
5

Sep

3

Sep

8 3/a

—

33

*

22

V* Aug

18

50

29%.

153/4

Power $6 preferred

Gilchrist

Feb

6%

Apr

Sep

83/4

«v;8

^

common

Preferred

Feb

2%

67a

207* Feb

Sep

7%

8%

Graham-Paige Motors $5 conv pfd__25

Apr

16%

94

20

560

^00

__

29.7a,

Shareholdings Corp- com

Gilbert

Feb

147a

Feb.

600

>'15%

Giant Yellowknife. Gold Mines—.—._

67* Feb
Feh

May

1,700

7'/4

10

ley* May
3% May
1% Apr

1

3,500

25

7 Va

reg—

Public Service

Georgia

Jan

10%

Sep

~9 Va

2274

Plywood Corp.

357* Aug

Apr

7%

2,000

V*

125.

i€:8%

Ltd—

General

46% July

25% Jan

213/4

21

"33%

*37*

io

common.

Co

Fireproofing

General

14% Aug,
47a July

Jan

~4% ~4 7a

"4%

125c

(Ma)._.

Co

Jun

3

6% May

Sugar.—————5
——..100

Curtis Lighting Inc

Electric

General

Jan

4s/a

36

8,800

15%

7 Va.

"7%

preferred...—

Mfg

34%

1

Cuban Tobacco common*

Curtis

11%

21

common

General Outdoor Adv 6%

Feb

15%

Jun

*

common

Corp

General

Jan

100

6,100

4%
46

33%

33%

1—5

.

A

preferred
Atlantic

1%

2,200

14

447a

«

^Crystal Oil Refining common

Cuban

274

1

—...

International

Cork

800

1,000

■

Feb

11

9 % May

1,600

3>/B

4y8

4%

1

—

Crowley Milner & Co
Crown Cent

1278

163/4

25,%

preferred series A

Sep

6

14

5

—„

Crosley Motors Inc......

Crown

Iff

27b

2%

1,100

(ord reg), ..£1

—_I

Co.—4

Brewing

9

16%

Jan

64

47a Sep

77a

General Finance Corp

33/4 Aug.

Sep

87a July
Va May

1,200

5Q

;

-

33/4 Aug
197e Feb
417*. Feb

May

3%

20% July-

5%

Stores

Amer dep rcta ord

Feb

127a

Jun

Jan

47a

fr

preferred

conv

General

•

dep* receipts

Petroleum

5%

1,900

-50

American

26

400

10 %

9

Hi

Creole

$6

3 s/8

9%
I®

Petroleum common

Courtaulds

400

3%

9%

lie

A—

35

3%

convertible* preferred

Croft

34%

7%

16

47s

~8%

General Builders Supply Corp
5% conv. preferred

July

347a

10% May

3,500

43%. Jan

1.25

preferred
i
Gellman Mfg Co common
General Alloys Co,

Feb

3 %

2% Sep

13 %

Jan

„

5%

Jan

85%

21% Apr

2,000

13%

12

class

27

x23/4

*,

Reynolds

preferred

5%,

26 V*

11%

*

$1

Cosden

63% May
2% May

200

40

Gatineau Power Co common

9% Jan

*7;% May

675

13 y2

common

8c

2,300

25/8

Brewing Co

$6, convertible

III

com

Co
Cornucopia Gold Mines—
Range

Corroon

26 y4

8%
70

x2%

Co

Cooper Brewing Co class A

Inc

8%
2%

...1

Fdy & Machine Co.

Core

1107a

69

100

(Geo A) Co

118% Jan

108

...1

Corp

Continental
Paint

1157a Mar

10

-10c

Consolidated* Textile Co
Continental

Copper

40

109

8%

41%

t

Jan

116

1%

41%

14

1

Feb

83%,

Mar

23/* Jan

1%

(Peter) Brewing—

Garrett

Jan

2

109

6c Smelt Ltd:

Consolidated

43

68% May

800

1% May

£lix,

voting.

Fuller

Jan

Apt
% May
34% Jun

116

5
—10
*

Consolidated* Gas- Utilities—

Consolidated

71

600

Feb

10%

7

2%

dep rets hearer

472%;

347* Jan
2 % Jan

7a Apr

210

2%

Franklin Simon & Co Inc

Ps Jan

30% Jun

B

Franklin

57* Aug

350

4,600

463/*

,

July

7

2,400

117a

46

a*

i|/J^,,

non-voting

Fox

36% July

A Aug

tt

71

100
100

preferred
C

series B

preferred

71

8

A

Fort Pitt

137* Feb
47a. Feb
117* Feb

3% May

n

2—•

Bait common

Aug

4% May

—•

preferred.

$3

7

16%

11

«'•

::iocf?s%

dep rets ord reg

Amer

Sep

61,100

31

Conn Gas 6s Coke Secur common..—*
Consol G E L F

May

157a

& #5%

in

—

Glass

Jan

11,400

32

%

%

3,

Aug
223/* Jan

Ford Motor of France—

3

X
Iff

30%

-1

1966...

35

5%

.25

Community Water Service
Compo Shoe Machinery—

4%,
X33 V2

iV

Southern warrants-

.

37s May

400

6%

4%

600

30 Va

Apr
12% May
11
Sep
45
Aug

——

(M H) eo—

Class

10% Aug

9% May

25

Community, Public Service.—

37a

33/4; Feb

May

Ford Motor of Canada—

Jan

129

674 Aug

3 y8)

Amer

157* Feb*

Jan

Jan

21

28

—

Corp.
(Phila)

to $1 Stores.;

5c

2

1,000

27

Ford Motor Co Ltd—

Jan
Feb

37a

1% May

3

warrants

Commodore Hotel Inc.

11%
19

Sep

66%

170

•

Colt's Manufacturing Co

to

5,800

Fishman

Jan

397* July
15
Feb

13% May

97a
7

Colonial Sand & Stone Co.,

ext

2%

,1

Colorado Fuel & Iron

550

129

125

ordinary,

Colon

17

2y8
128

—

Cockshutt Plow Co common

&

15 y2

4

.100

Club Alum Products Co

Vtc

y8

1%

1

,—

Clayton. & Lambert Mfg...
Clinchfield Coal Corp

Commonwealth

16

1

Clairostat Mfg: CoClaude Neon Inc common

Jul*

l3/4 Mar
148

—

First York Corp common
$2 div cum preferred

Jan

18

May

iy4
128 y2

125

Fire; Association

700

6,900

Feb,

9%

7% May

8%

3%

1'

*>-C;16%
4;. 721%

Fedders-Quigan

14

25% Aug

Cities Service common.J,r.-,-l--. ...10

CitX Auto Stamping
City & Suburban Homes
Clark Controller Co

Feb

Jan

25

70

50

18

i Vo

-

127

.100

71 y2

Falstaff

Brewing..
Fansteel Metallurgical

19% May

..10

High

Low

3 3/a

8

_„1!

Fairchild Engine & Airplane——

Feb

4%

July

12

1

Fairchild Camera & Inst Co,

23%. Feb

Jim

5

.-10

Cherry-Burrell common—
Chesebrough Mfg common..
Chicago Rivet & Mach
Chief Consolidated Mining
SChilds Co preferred-

Range Since January 1

High,

Jun

—

common

Low

Sales

for Week
Shares

Jun

.100
1

Range
of Prices

Ss$e Price

Exchange

Curb

Par

66

66

York

High

18%

.100

Co/ of. America

Chamberlin

High

17.

.100

preferred
pfd, opt div- ser_—
pfd; opt div ser 1929-.

Cessna

Low

New

Range Since January 1

Week's

|f, 'Last

STOCKS—

for Week

preferred. .100

SCentral States Elec 6%
7 yo

$• fTriday

Range
Of Prices

Par

$%:■

I,-#-

26

SEPTEMBER

ENDING

Sales

Last

Sale Price

STOCKS—
New York

WEEK

FOR

EXCHANGE

CURB

YORK

NEW

Monday, September 29, 1947

14.

Aug

5% Jun

83/4

9%

4.000

47%

275

July

47,%. Feb
15
'Feb

:

10 y*

7% May

56%

,

37% May,

.

2% Sep

Feb

51.% Feb
37a, Feb

49%. J,an

21

May

25

May

jiy* July

May

64

;

—

Sugar-Associates—

Com. shares

of beneficial

int

...

$5 pfd shares of beneficial int..
Easy Washing Machine B

97a

9

14%

Sep

59

Sep

10% Aug

feV'1
5%

Electric Bond & Share common-

5

Electric Power & Light 2d pfd A
Option warrants—.
Electrographic Corp..

1

.

Electromaster

Inc

12%
150

117a
150

56/e

21%

11%

21,300

155

280

6

87s May

1,800

21%

115

May
27a May

100

17

Jan

177a
155

7%

Jan

Illinois Zinc

Sep
Feb

Imperial Chemical Industries— 1
Amer dep rets registered

21%. Sep

1

274

2%

27/a

200

274 Aug

474

Feb

Elliott Co common.—.

„10

215/8

215/8

22%

1,100

157* May

24%

Sep

5 %
preferred
Empire District Electric 5% pfd.
Rmsco Derrick & Equipmentequity Corp common
$3 convertible preierred—:
Esquire Inc
Eureka Corp Ltd

—50

443/a

45

—1

3%

33/a

37*

41,500

Eureka

-1Q

28%

28%

29%

400

_

.

Pipe

Line common—

For footnotes

see

page

33.

 I


..

50

437* Aug

-100

101

5

87a
1%

-10c
—.1

45

i

45
X9 %

J.f

17a
45

9%

3,800
100

„
-

500

Jun

Jan

1% Aug
43% Jun

..

50

Mar

111

Jan

12% July
27* Jan

May
1 If May
28.

OS#;;-

Co common

Registered

58'

900

55

13 %

700

12%

113/a

12'

3,800

10%

—5 V
jV'.—

.

—

International

Cigar Machine—— —*

E.

Hydro-Electric—

|

30 a/4

International

Metal

Industries A

14,

Feb

Sep

147s

Feb

Sep
Sep

111

100 % Mar.

50
*

Apr

85%

88

800

85%

Sep

15 Va

600

15

Aug

—

9 nnn

2,000

% May

70

683/4 70

45

Sep

25

Apt

29

Jan

—

„o3/

\,697a
■

213/* Jan

1474

87 Va

International

Preferred $3.50 series

14% Feb

12%

'

Britain

8c Ireland

Indianapolis Pwr & Light 4% pfd. .100^
..10 £
Insurance Co of North America

6% Apr

Apr
10% May,

'

..£1

Imperial Tobacco of Great

Feb

Jan

21V4 Mar

104%

—

Imperial Tobacco, of Canada

Sepr

12 Va

11%

Jan

Apr

2,100.

297a

57 3/a

6
—

Imperial Oil (Canada) coupon

12
Feb
37* Sep

53%

-

6,

„5

convertible preferred

28%

123/4

—<^,28%

Illinois Power Co common

"*■*—

.

21

21

Jan

Number 4633

Volume 166

THE

COMMERCIAL

NEW

YORK

RANGE

Friday
York

Exchange

Curb

Week's

„

Range

;

Low

10%

shares-j.
-*
International Products
10
International Safety Razor, B—,——*
Registered

International Utilities ppmmonT

>.

—5

Interstate Power $7 preferred
*
Investors'Royalty
-—:—1
Iron Fireman Mfg voting trust .ctfs—♦
Irving Air Chute
—-T-.
1

Italian Superpower A,

14%.
2

.

.

Sep

15%

Feb

Mountain

States

Apr

16%

Sep

Murray

May

8%

Feb

Muskegon Piston Ring common
Muskogee Co common.

0 % May

12% Jan

9%

Sep

30

1

Sep

1,000

18y»

325

4%

4%

600

%

7/a

100

—

*

States Power common

2

2,900

1%

18'%

,

Mountain

11 '>'—>1300

1%.

18 %

.

200

15% Feb

14

9%

—

—

Range

Sales
for Week

of Prices

Shares

Per

High

Sep

ii%

l.ioo

2'/a

11

11%
.

15%

.

.

%

Tel

Ohio Mfg

Tel

&

Co_,

Low

•

109%

24

2.50
10

Jan

•

Corp—
Inc

-

Jim Brown

Stores

1

.l

common

1

10

Class A preferred—.

700

Hess

l7/8

2%

8,000

1%

8%

|

8%

3,100

5%

-7% Jan

Sep

6%

Sep

♦

r

22% Feb
.

24%

6%

Feb

Jan

18

Jan

-

preferred

25

30

Jun

National Mfg &

K
Kawneer Co

I

Kidde

17

300

15% Aug
15
May

6

16%
8

.

5

10%

8%

150
200

'

preferred

—100

110% 110%

100

King Seeley Corp
Kingston Products

56%

48%

10

14

14

14%

1,200

1

—

common—
Kobacker Stores

1%

1

,

26

1

:

1%

26

7%

Feb

Ltd

Nelson

(Herman)

New

England Tel & Tel

New

Haven

Feb

New

Process Co

1

Mining Co

1

common

Mines

-5

Langerdorf

United

N Y Auction Co common

„

Feb

N Y Merchandise

N Y

class

Line

CorpLipton (Thos J)
Lit

Class
Locke

!

5

;

100

9%

3,800

Steel

Chain—

16

; 16 Va

.

1,300

18%'

18%

18%

21%

21%

200

10

200

%

Long Island Lighting. Co—

7

Jan

May
Jan

44%

Jan

Sep
Sep

2

Mar

13

11%

19%

19

-1

11%

5,800

8%

Jan

19% Sep
36% Feb
32% Jan

May
25% July
23% Sep

12.900

%.*;i9%

Jan

29

13% May
19% Apr

x2i

11%

.10

'

11%
A31
29

Jun

400

11,300

69

% Sep

Founders shares

55

2

1.

14%

,

14%

Jan

11% Jan
1%

Jan

69

Aug.

1,650

15%

55

Sep

82% Jan

Jan

lb% July

6,600

16%'16%

11%

Jan

90

109% May
15% Jan

200

Jan

9%

9%

100

9

16%

300

13

Feb

5%

5%

200

91

92

210

90

58 %

58 'A

60
5

1,000

1%

134

Apr

3% May

500

Co

Maine

Co__

Public Service

9

100

113

Jan

20

20%.«20%

warrants—U.

Manati Sugar Co

Mangel Stores

(The B)

Manischewitz

:

;

Massey Harris
McAleer

£1

Merritt

Mfg

!

_1

33%

300

47%

Jan

14%

14%

350

13

May

21%

Jan

14%

14%

15%

1,200

10

Jun

15%

Sep

8%

9%

23,600

10%

109% 111
120
121%

375

108 Va

Sep

124

Jan
Jan

220

110

Apr

122% July

100

optional warrants
5

11

10%
__

5
_1

1%

North American Rayon

1,600
1,300

11%

8% May
9% May
10% Jan
1A Aug

__

1%

North American Utility Securities
Northern Central
Northeast

RR

41 %

5

1"

i

Co

50

;

Northern

Indiana Pub Serv 5%

pfd_100

States

class A

25

Northrop

Power

May
6% May

20%
11%

Feb

185 %

450

155 Va May

185%

Sep

41 %

100

185

'

11

—

—

32

Apr

43

Jan

12%

12%
4%

10

100

3%

—

—

1,600
50

108% 108%

—

36%

—

5%

23%

23%

37%

5% Aug
21

400

Apr

.

Metal
■

Textile

25c

Participating preferred

Co -class

Ohio Brass

Ohio Power 4%%

B

*

common

preferred

—100

United

Filters

1%

150

20

113%

30
6

Jan

Overseas

Securities

—

Class

vtc—£

B

Ex-distribution„

non-cum

Midvale

Co

-

„

•

pfd

37%

Jan

8%

Feb

Jun

14

Oil

Midwest

500

1%

Miller
>

Wohl Co

Minnesota
Missouri

P &

L 5%

Public Service

Molybdenum Corp
Monogram Pictures
Monroe

pfd

Dakota

Investors jpartic pfd_
Morris Plan Corp of America
Mountain City Copper common
Moody

Mountain

25%
—

Producers

For footnotes see page




;

33.

6% Jan
50

%-:;A 2%

to

5% May
7% Sep

800

2,800

%

400

*

4 Va

i5%.;^a6%.

25

200
.

l,ff00

9
r

3% Aug

May

Jun

13% Mar

11

100

9%

Jun

12%

Feb

200

9%

Sep

16

Feb

7%

Jun

9%

14% Feb

16

Feb

20 %

3% Apr

57,000

,10%

50

2%
7%

;•••'25 %

825

24

33

15

2%

•

100

14

?

50

2%

8%

38%

40

900
•

103% 103%

50

35%

400

X103

X103

38% May

1,300

36%
104%

36%

Motors

Mar

<

Apr

27% Mar

Jun

24% Jun
3% Jan

% Aug

18,600

9%

9

9

tfr

8,700

8%

Apr

11
29

29

150

Jan

29

1
1
*

16

26%

5

Farkersburg Rig & Reel

Jan

Aug

Feb

24%

%

%

Corp__

38% Mar
105

12

1

Co

12% Feb
41% Mar
105

103 Va

*
*

Pen

Jan

102% Apr
Sep

120

—*

1st preferred

Patchogue Plymouth Mills—

May

12% Jan
15% Feb

52%

Feb

16%

17

800

13% May

19% July

78

78

20

59%

Jan

90

45

45

50

40%

Jun

51%

Jan

28%

Jan

~6

7,500

25%
5%

Apr

~6

17

1,100

.

7%>

7%

700

33%

6%

7

100

3,500

Aug
Apr
12% Jan
13 % May

15% Jun
17% Jan

1% May

3% Feb

6% May
31%-May
6% May

102%
7%;?

8

3%

3%/:'

3%

28

V 28

2%

184

184

*

40

40

!10c

4

4

1,000
2,800

11%

187%
A 40

-

100
190

75

9

A

4%

900

V4

%

9%

50
900

3

11%

*

-

A

7,600

9%

900

*
.-25

Peninsular Telephone common

$1 cumulative preferred—.
Pennroad Corp common
Penn-Dixie Cement warrants

1

Jan

7%

6 %

A common
*
4%% pfd--—100
2.50
Penn Water & Power Co—.—
*
Pep Boys (The)
-1
Pepperell Mfg Co.—
20
Perfect Circle Corp
-2-50
Pharis Tire & Rubber common——50c
Philadelphia Co common
*
Phillips Packing Co
*
Traffic

Co

160

2%

200

111

Penn Power & Light

Penn

6%

2%

—

Penn Gas & Elec class

111

50

5%
,

5%

57%

6

May
2% May
110% May

400

56%

5%

300

4% Apr
53% May

5% Aug
53%

55

40

Mar

6

300

Apr

11

53%

~6%

July

Aug

4%

Feb

114% AUg

5%
69

Jan

jan

9% Jan
56
Aug
14

Apr
12% Mar
Feb

6%

6%

700

11%

11%

800

0% May

13

.

Feb

11% Feb

13

200

12% Jun

21%

25

11%

Feb

4% Jun

Pierce Governor common—

25

100

14%

27

,

•

Mining Co
& Alexander

Powdrell

Power Corp

of Canada

9% Feb
38,
Feb
Jan

Inc

Sep

106

Mar

Pressed iMetals

30

Mar

3

May
2% July
11%
184

Apr

Sep

31% May
3% Apr
%

Sep

8% Aug

700

437/a

43 Va

55%

55%

57

9V0

100
*

9%

9

2%

10

50

437/s

310

49 Va
8

550

13 %

Feb

4

Va

12%

of America

1

1

5%

Feb

Providence

3%

Jan

Public Service

15%

Jan

11

194

July
41% Sep
5%

Jan

2%

Jan

10% July

4% %

Gas

46% May
61
Feb

11%

Feb

7%

Jan

17

Feb

3% May

6%

10 Va May

19%

Feb

13%

Feb

94%

Sep

10 V8

94%

10

40

40%

200

10%

100

8% May

50

94%

94 Va

Sep

Jan

35

May

48.

Feb

80

Apr

85

Mar

9% May

12%

Jun

1%

1 VB

1%

4,000

1 Va

May

2%

Feb

12%

12%

12%

100

11%

Sep

17%

Jan

8%

Apr

10

Sep

of Colorado—

100

cumulative

preferred-,
Puget Sound Power & Light—
$5 prior preferred—_—
Puget Sound Pulp & TimberPyle-National Co common
Pyrene

*

—

Sep
Apr

May

700

*

Feb

Corp of Nevada
Prosperity Co class B

Jan

Feb

300

10%

—

6%
14%

13

_*

common

Feb

Sep

"4%

10 Va
—

"4

July

May

4% May
14% May

—

*

common

Producers

6% May

800

3 Vs

•

.

May

24

2%
11%

2% May

2,300

2%
11%

3 Va

25c

Pratt & Lambert Co
Prentice-Hall

3%

2%
11%

2.50

common

1st preferred

10

-

1

Pioneer Gold Mines Ltd

Polaris

Jan

Johnson Ltd Amer shares—.

Pinchin

Piper Aircraft Corp common
1
Pitney-Bowes Inc
2
Pittsburgh Bess & Lake Erie RR—50
Pittsburgh & Lake Erie50
Pittsburgh Metallurgical common
5
Pleasant Valley Wine .Co
1
Pneumatic Scale cqmmon—
10

6%

8

.

July

30% Aug

28

lo

12

25% Jun

—

.5c

Jan

Sep

100

33

3

16%

*30

15

6%

12% May
7 Va

Aug

6% Apr

'

•

14

1

PuMic Service

$1.30

Page-Hersey Tubes common—.
Pan American Airways warrants

Parker

38%

12% Feb

8% May

3%

15

*

Jan

7% July
10% Feb

1% May

300

8%'-»9
19 .yS.' 19%

'

5
^

200

7% Y8%.

30

___1

A

8% July
111% May
6% Jan

May
Sep

44

1

common

21% July

Apr

Sep

3% May
3

1

Utilities-,

Montgomery Ward

2,300

*

,

4%
108%

.

10'A

„

.—100

Loan Society A

Montana

16 %

*

common

Jan

25

5

4%:

50

»

Feb

3%

Apr
15% May

200

v
A
6% y;<6 %

_i

50c

common

4 % r/o
convertible-preferred
Mining Corp of Canada

7

1

200

4%

2

19

May

5y4 May

1,300

18 %

10-rk
''

10

—

-1%

7«'

2

50c

Co_—

V1<3%

—At

10

.

—♦

Midwest Piping & Supply common
Mid-West Refineries

Feb

6 % fA! (6 %

8%

*

Sep

12%

Feb

-*

common

21%

■

dividend shares

Mid-West Abrasive

7% Aug

13% Jan

—1

v

Pacific

1st pfd

1st preferred

Pantepec Oil of Venezuela Amer shrs—

July

„

5

,t

Midland Oil: Corp $1 conv
Midland Steel Products—
$2

!_1

—

;

Mar

Sep

200

8

5

25
—25
Pacific Lighting $5 preferred—
*
Pacific Power & Light 5% pfd_——100
5%%

Paramount

45

l

Middle States Petroleum class A v t c__1

Middle West Corp—

Pacific Gas &'Elec 6%

Feb

33% Jan

-

,

Jan

14

9%

1

Fe b

6% Aug
8% Aug

15

'

1

2%

87% Mar
118

11

10%

250

109% 109%

*

Jan

Feb
9% Mar
31% Feb
46%

13%

O'okiep Copper Co Ltd Amer shares

20%

Mar

38% May
8% May

4%

10

'

12 Va

-1

—

May

5

5,300
25

Jan

4% May

29%

100

6

Jan

112

600

30%
„

31

*

B——

Omar Inc

1 Va May

2,000

35%

112

112

1

Old Poindexter Distillery
Oliver

1%
35 Va

35%

15

Natural Gas

Sep

24

,

18%

______2.50
—-

Jun
Jan

800

.

Preferred

25%
65

1%

*•

—1

Micronfatic Hone Qorp

Jun

600

—15

Michigan Bumper Corp
Michigan Steel Tube—
Michigan Sugar Cp__

*b% Jan

6%

1

Corp

Apr

25%

t_100

;

<

;^i

-

13

-

preferred.

A

8

-•

7%

O
50c

Ogden Corp common

t

200

13% July

110

Xl06% Mar
30% May

Jan

101% Jun

Feb

1,500

24%

-

Mar

2,200

6

Sep

5%

3% May
97%

—

—

Jan

Sep

44

30%

—

Apr

3 Va

41 Va

5%

11% May
6% Aug

600

.

Jan

2

600

9,000

*

Novadel-Agene Corp

Feb
Feb

14% Aug

8

1

Aircraft Inc

15%

16

*

Texas Oil

Airlines

North Penn

10%

7*%

185%

•

common

1%

7%'

*

class A

-

1% Jan

% May

15%

__

*

preferred

400

}j|
9

—

North Amer Light & Power common—l

B

9

—

7% May

300

%

♦

Noma Electric

Class

—

1

Mines

Nipissing

8%
111

—

3

500

,

12%

•25%

*

Messabi Iron Co—

100

*6

41

;

__

25%

5

common

9

;,

8

1

Co

Warrants

300

19%;;21%

*

-

1_;

Co

Chapman & Scott

6% %

21

*

Dredging

Memphis Natural Gas
Menasco

8

*

preferred

Johnson &

8%
6

10

—

$2.50
Mead

13

6,900

3

,v

12%

—

1

preferred.—^
Corp common

McWilliams

8%

*

—

common

convertible

McCord

A Aug

21% Aug
4% Jan

38% July
3

10

common—,

Mfg Co

%
14

•

Ltd

Power Shovel

Marion

5'/e

Co

iV
13%

,

*

Mapes Consolidated Mfg Co
Marconi International Marine
Communication

A

'

_1

Co

6% July

Jun

23%

1

jL

common..

Sep

20%

100

'

Feb

July

5%

10

Jan

10 %

32%

1

Hundred Corp B

Nineteen

$6

9

14%

100

Pacific Can Co common

—5

i

—-

Jan

82

Aug

M
Mackintosh-Hemphill

2%

1% May
70

—

Jan

8% Jan
15% Jan
67% Jan
0% Feb

68 Vb May

400

4%

1%

120%

Sep
May

10

——

—

18% July
10% Jan

4% Jun
4

—

Feb

13

May

16%

—

__

Feb

Sep

600

62%

5%

1

—

preferred

2d

Oklahoma

*

Lynch Corp

69

58

of dep
preferred B ctfs of dep—
Louisiana Land & Exploration
;
Louisiana Power & Light $6 pfd_,

i 6&

May

1

19%

7% May

%
72'A

%

Feb

2

900

Jan

'

%

2%

Shipbuilding Corp—

,

,

Common ctfs of dep
7% preferred A ctfs

t.

Sep

2Va

Jan

HYb

Jan

8%

Feb

5

Sep

Jun

Feb

38

5% May
16%

24

Sep

4

19% July

Jun

26% Aug
9

14% July

20

-

1,600

7% May
31
May

Northern

100

21%

__1

-

Jan

16

-

—5

Logansport Distilling Co
Star Gas Corp common
Lpngines-Wittnauer Watch Co—

30

Sep

1

*

Lone

Jan

20%

7

—*

B

34

5%

100

-1 %

Jan

Apr

21% May
12% Apr

600

5%

"l

_*

:

Jun

15%

preferred—25

class A

Feb

44

'

16%

10

Groceterias

19 Va

9%

—

~1

-1

,,

Inc 6%
Brothers common

Loblaw

19

5%

"25

-

*

Material Co

Lionel

19

6

0%

30%

;

-

Ino

3,300

•

—-

-

^

._i

Development(R G)

20%

—

5

Realty common—
Prior preferred

Le Toyrneau

19%

1,400

2%

lo

Niagara Hudson Power common
5% 1st preferred

Jan
Jan

17% July
1B% Feb

6% May

"5

Monotype Machine—

La Salle Ext University

OH

800

300

%

1

Lefcourt
Leonard

7

7%

A.

Class B

Lanston

6%
7 '/a

2%

Mar

10

10%
18

Y

& Honduras Rosario

N

Niles-Bement-Pond

7'/a

14

Sep

10% May

700

4%

89% Jan

Va

*

Aug
26% Sep

12

6%

-

Bakeries

100

20 Va

-

Lamson Corp of Delaware^
Lane Weils Co common

.,^16

%.v127/a

._1

12%

13%
__

4%

Jan

21% May

Feb

20

May
11% May
5% Apr

_1

.

Lakey Foundry & Machine

16

12

_

—5

Ltd—

12%

*

Niagara Share Corp class B com
Shore

12%
—

May

Jan

July

15

x9%

__

*

25

Park

Class B

Lake

„

20

New Jersey Zinc

5%

Laclede-Chrlsty Clay Products

3,200

100

Clock & Watch Co

convertible preferred

New

6

7% May
13% May

—

36%

__

4,800

1

New Mexico & Arizona Land

25%

1,100

34%

30c

Feb

Sep

7%

34%

*

17%

15% May
10% Apr

100

18

1

new common

Jan

Jan

~

13

_«

Machinery^—...

Car

87%

iy*
17

200

National

69

13% July
111 July

1

-

111%

Jan

1,400

16%

*

7%

1%

16%

5

2,900

,

16%

5

Sep.

—

—

Jun

12
May
10% Apr

15%

300

Corp

4

13

Jun

Jan

14%

Neptune Meter common

10% July
14% Feb

Jun

48

__

Aug

4% Feb

13

Nestle Le Mur Co class A

Jan

1,300

*

-

—

4%

11%

—

10

'NJKnott Corp

4'A

13

1

(IB) Rubber Co

Krueger Brewing Co

4'A

.

-

—

8

14%

26% Mar

46% Jun
12% May

;59

*

—

50

12%

-4

Rubber

■

37

•

14%

National Radiator Co_
Steel

37

800

xl2%

26

July

20

48%

1

-

108

57

48%

1

Petroleum
Kirkland Lake G M Co Ltd
Klein (D Emil) Co, common—

10

57

—100

43

3,900

Feb

125% Feb

8% May

45

300

3%

2

National Pressure Cooker common

4%%

preferred D

Kirby

•%

6% May

10%

10%

'

Rings County Lighting 7% pfd B.

Kleiner t

50

May
122% July

46,800

*

*

(Walter) & Co_

51o

9

123

5

-

Kimberly-Clark Corp—
4 Va %

8

123

__

15% Feb

5% Apr
2% May
36% Sep

6%.

3%

1

National Tunnel & Mines common

8%

100

!

Kennedy's Inc.;
Key Co common

-

pfd—

11% May

13%

6%

Mar

•

National Union Radio

1

j.

7%

14% July
12% July

400

300

87

—1

Stores common

National Transit

Kansas Gas & Electric

12% July
10 y8 May

14

3%
—

National Malllnson Fabrics—:

National

Kalser-Frazer Corp

24% Feb

12

•

—

1

common

Rational Fuel Gas

9% Aug'
8% Jun

.* '

2%

___♦

Julian & Kokenge Co

10

:

1

common

9%

-

18% May

13%

137/e

,

1

common

Bellas

National

■

v.

Co

138% Feb

N
Nachman

National Breweries common—

Glass

Sep

11%

Feb

1%
f

Jefferson-Lake Sulphur Co

Jan

98

100

24

30

90

Jan

7%

Namm's

Jeannette

-

High

300

13%

11%

22% Feb

Jun

Low

33

100% 109%

*

—

Range Since January 1

High

32%

100

.

Jan

1%

18% May/
4% Sep

Week's

East

Sale Prloe

Exohanga

10%

;

.

Low

York Curb

New

10 %

;

15%
2t

-

26

STOCKS—

7,700

31,

EXCHANGE
SEPTEMBER

Range Since January 1

High

1014- 10%

■

->

(1279)

Friday

Shares

shs__»

coupon

ENDING

for Week

of Prices

Par

International Petroleum

CURB

WEEK

FOR

CHRONICLE

Sales

East

Sale Price

STOCKS—
New

•

& FINANCIAL

Manufacturing

101%

100% 101%

400

100 %

Sep

103%

Sep

102 Va

102 Va

102%

75

100 Va

Sep

110 Va

Jan

35%

400

25%

.

*
*
5
—10

35%
11%

35

11%
—

11%
—1

475
—

9%
8

Jan

38% Aug

Apr

14%

Feb

May

11%

Feb

irtKMrXifc*1*!!'1

'v

THE

(1280)

COMMERCIAL

YORK

NEW

RANGE

Week's

Friday

Exchange

Curb

York

FOR

ENDING

Monday, September 29, 1947

EXCHANGE

CURB

WEEK

CHRONICLE

FINANCIAL

26

SEPTEMBER

Range

STOCKS—

for Week

of Prices

Week's

Friday

Sales

Last

Sale Price

Shares

STOCKS—
New

&

Curb Exchange

New York

r

Range Since January l

Last

/
1

.

Sales

Range

for Week

otPrioes

Sale Price v

?'

Shares

Range Since January 1

*

Par

Low

High

Low

Par

High
Tilo

88 3/4

100

155 %

87

88 3/4

470

270

155 % 158

85
155

May
May

15

-

May

——*

96

Jan

170

Feb

18%

Feb

R
Radio-Keith-Orpheum option warrantsRailway & Light Securities—
.Voting common:
;•
Railway & Utility Investment A
Rath Packing Co common
*

10

Reed

Roller

Regal

Bit

Shoe

Reliance

15%

50

35%

500

7(4

333%

6,200

7

19%

18

21%

*

Richmond Radiator

1

Tung-Sol

Jan

55%

100

'474

Rolls

l3/4.

100

1474 May

203/4

Feb

Ulen

V?

24%

100

22

May

32%

Jan

Unexcelled

474

2,800

374 May

6%

Feb

Union

5%

100

2%

25

Feb

107% Mar

Sep
Mar

*

32

Aug

Royce Ltd—

Ronson

Metal

Art

Roosevelt Field
Root

:

5

6

!

1

13

1

Co

Electric Steel Co

Russeks Fifth

Ave

;

12

Aug

143/4 July

700

14

Jan

20%

53/4

6

1,000

3%
6 Va

Ryan

Aeronautical

Co

Jan

18 %

18%

700

15%

Apr

15

Apr

11

11

100

10 % July

Ryan

Consolidated

Petroleum

4 3/4

6 3/4

_♦

200

674

3,600

53/4

_i

common-

43/4

6(4

1

.

July
6 3/8 Sep
133/a Sep

Apr

7,300

13%

■

*
1.25

common—

Ryerson & Haynes

200

19 3/8

12

10

Royalite Oil Co Ltd

12 V4

19

19 >/4

6

24%

of

Oil

Union

Corp Ltd

•

Class A $2 conv pref
Salt Dome Oil Co

50

Samson

United

Corp

1

,

5

Stock

3%

Feb

11

5%

Apr

15%

13,300

7% May

41

393/4

41%

4,400

27 % May

87/'e

Savoy Oil Co

;

5

Sayre & Fisher Brick Co

*

Schulte

common—

(D A)

Inc

common

Steel

Co

4%

Feb
Mar

1

prior

3314

1,600
100

Allotment

certificates—
(R B) Inc—

Semler

Sentinel

Radio

Sentry
Serrick

Corp

Seton

class

Leather

8,800

334

293/4
2 %

100

Jan

Apr

37%

Jan

May

13%

Feb

Aug

4V4

Jan

May

2 34

3,300

2

Apr

3%

17%

750

13

May

213/b

250

78

May

90% July

"6%

jun

92

July

3

300

2ya May

4%. Feb

1%

500

1

Apr

2

83/4

Jan

200

..

2%

2%

2%

2,100

17%

173/4

18%

300

i

12%

12

12%

1,000

69%

800

.

683/4

13%

Jun

11%

Simmons-Boa rdman
$3

convertible

Jan
Feb

4%

—

11%

Smith

preferred-

7%
269

Paper Mills

Soss

Corp

Coast

Corp

South Penn Oil

4.32%

cum

98

120

Sep

Apr

x255

100

98

11

4%

warrants

Milk

Products

May

United NJ

RR

33/8

10%

S

Graphite

S

and

—

U

S

Rubber

Feb

12

4

3%

4

7%

7%

Venezuelan
Venezuela

Vogt

41/4

4V'4

31

,*

■.

Apr

293%

Feb

3 Va

133/4 Mar

60

2,800

Jan

Sep

71 Va

Apr

Sep

49 %

July
Feb

45 Va

80

100

14%

874 May
May

23%

Jan

15

May

20 %

Aug

2

May

3 3/a

Feb

Apr
Feb

1,100

11

200
200

650

82

Jan

89%

600

10 % May

183/4

300

3Vb

3

3% Aug

Aug

500

2 Vb

500

2%
39

26 Va

3%

Jun

J

800

100

-

32% Mar

150

23

May

3%
22 %

2,600

3

May

900

21

May

223/4 Mar

8%

400

8

20

94

May
May

126% Mar

Jan

7% May

8%

5%'

1

98

57/a

43/4

6

5%

2914

130

7%

preferred—

'

2,200

33.4

800

2%

Feb

4

July

100

11V«

Sep

14

Feb

Waitt

$2

Bond

&

Inc..

Watch

274-

*

——30

Co—„

Virginia Coal &

1

-

Jun

$6

—

~6V.

12 Va Feb

1,250

374 May

8% Feb

374'

4

2'/a

2 V.

500

8

8%

300

....a.

15%

,

25

Apr

Westmoreland

15%

Jan

Weyenberg Shoe Mfg———:—.—L

8%

Feb

Whitmafi

4

Sep

Wichita

9

Feb

Williams

i

874

20

-

105

136

May
Jun

325

Sep
May

27

Jun

7

333/4
35%

39

41

80

3Q%

30%

20'

41

29%

1,500

Jan

Jun

100

474 May
IV2 Apr

preferred

10

common——1

preferred

'

imm•

——

Forgings Corp
(Ky)__-

Power &

Light

16(4

1774

28

28%

374

Products

Inc*

w

Feb

9

25%

Aug

36

3

May

.

1374

100

9%

Sep

'2,200

2774

Jan

2 Va

2%

2%

3,900

1% May

4

2

274

600

174 May

374

Feb

—

—

113

124

874

8(4

5

474

100

180
400

8%

8%
3

A

-

5(4

1,000

4 Va

*

63
19

8%
2%

1934

19

8%

400

8%

100

2%

2%

x8%

x8%
14

225

_

1,400

Feb

474

Feb

9%

Feb

Feb

27%

Feb

7

Jan,
Sep

293/a

Corp

7l/s

2a

.

Sep

53/8

Feb

May

13%

6c/o

pfd

71/8

2%
18

Sep

20

May

32

Feb

26

May

153/4

16%

500

3V4

3»/4

1,100

Jun

12 % May

10

20%

Jan

3%

Jun

4%

Jan

Apr

14%

York

Writing

Paper

Elec

Power

Associated

*1

Light 7%

10

•

33

32

33

121/4

12 I'd

12%

z*

pfd

Texon Oil & Land' Co..

100

9%

10

500
„

Tel

Assoc

110% 119%

1,300
■-

10% May

20

117

22.
.

T-»c_

For lootnotes

50c
see

page

33.-




11 %

% 1%

12

-12,300

Jan

29% May

Jan

50

16%

Sep

213/4

Feb

1174 May

15%

Feb

Jan

108%

Feb

16%

Feb

12% July

17 Va

13%

500

107
11

14%

14 3/4

200

11 V*

11 Va

200

May
9% Jun

Sep

14%

Jan

2%

234

3,500

2 % May

~3 %

Feb

5s
£1

'

*

Week's Range

Interest

Last

Period

Exchange

&

Tel

deb

Jan

122

..8%VAPr
•11% May

12

20%

May
Aug
Feb

3'As.,*—1970
6s_*-_^L,„2024

4%s_—

deb

5%s

Sale Price

or

series

5s

Bethlehem
Boston

1013/a

100 74 1013/a

103%

103 5/4 104

J-D

102

107%

111%

100%

103%

8

102%

105 Va

107%

106 Va

108%

110% 110%

.

110%

1153/a

165

165^
1.0,6 *

6s

_1998

Q-F

J-166

180

2%s

1970

J-D

1102

10374

1948

J-J

Steel

States

Electric

119 %

1173/4

7

119

33

fl07

J-J

1960

Edison

§Centval

119

Jlf-N

.*1964

High

100%

92

1077-4,108%

108%

119

Low

3

J-D

>

January 1

No.

102

J-J

A—*.1955

C

102
•

Range Since

Sold

High

J-J

-

,

Bonds

Friday's

Bid & Asked

J-J

—1953

City Electric 3V4S—
Telephone of Canada—

Bell

10374

Corp—

92

9174

87%

92

73

64

M-S

92 Vi

87 V4

93

177

.64

§AChicago Rys 5s ctfs (part paid) .1927

F-A

81

8074

81 Va

299

Cities

Jan 1966

M-S

6

103%

1958

A-O

104(4

104(4 104(4

19

103 Va

ikf-Q

106

105% 106

22

104 Va

399

90(4

A5s ' (10%

A5%s

redeemed)

redeemed)

(10%

Service

5s

Debenture

5s*

Debentures
Consol
lst

Gas

—*

—_—1969

*

3s——

El

Lt

ref

2%s

Gen

—1969

Gas

1st

mtge

of

4s

(Bait

Gas

&

tl02

M-N

N

J

Fuel

M-N

—1993

B
3%s

%• 106%:

1053/4

119%

116%

RR—

Division—

A

ser

937.0.

110'A 114 Va

114

*116'/4 U9

A-O

105-

1067^:
,

104

103

112(4 113% '

—

-

105%

107 V8' 109,*

U02% 104(4

A-O

City)

81%

104

J-J

1981

—1954

ser

'«■' A 1st mtge 4s

Eastern

91 %

*

-OTa

57 Yi.

107'/a

1976

Q_—

R—

4Vas_

Lackawanna

90(4
107 Va

SO (4

:

J-D

—*.=-1962

series

Delaware-Lack .& Western

,

104 3/s 105

10474

(Balt)-^-

debs

mtge

J-J

-1977

Pwr

&

ref -mtge 3s ser
ref mtge. 2%s ser
conv

1954

5s

Debenture

1st

10 % Aug
34% Feb
19% Feb

1961

6s

Atlantic

Feb

8%

600

.

83/4

9%

17%
13 V4

133/8

—*

Power

Electric

Consolidated

common.

Sep

'.1

;

receipts.;
:
!l

Curb

Appalachian

2%s
common.*

Jan

5%

100

Ltd

Appalachian

July

12%

~3%

Amer

35 3/4 Aug

7

Jan

Aug

19%

Low

Jan

50

500

20%

1,200

6

Friday

Jan

.500

8

19% July

Sep

.—2

Inc

BONDS
New

Feb

17%

31

10

Tampa Electric Co common—r

May

14(4

*

1st

Oil

13

5%

5%

25

4%%

Wright Hargreaves

Feb

8%

25

25

29%

*
1

12%

Sep

131/4 May

*
_»

25c

Sep

May

77%

2%

1
common—

Feb

liy4 May

_5

Corp

130

13/g May

*

Ray Drug common
Superior Portland Cement, Inc.:
Superior Tool & Die C02

May

Sep

6%

100

14

___i

Sun

400

11%

—1

w

deposit
preference-

32% Mar

17% May
14% Jun

.*

i

Stop & Shop Inc

J»n

Feb

l

Corp—

Jan

27

—1
:

Petroleum
(F W) Ltd—

Feb

10

.a

common

Sep

173/»

Jun

19

18

July

2874

l

—

24 Va

Apr

Feb

21 %

10

l

& Co common

Jan

19

4% July

28%

i

Steel Co of Canada

18

300

Jan

14% May

17% Mar

L

23

3/4

Jan

26

50

&

1

22

Jan

274

150
.

P

150

23

22

.

*

common

preferred

24(4

14

24 Va

10

Co——

American

July

8%

300

2,000

374
19

19

124

Sterling Aluminum Products
Sterling Brewers Inc.*
Sterling Engine Co
Sterling Inc__——

Co

—

Jun

2874

,»

—

Corp

(Hugo)

—

Corp

&

Woodall Industries

874 Mar

1

r

Products Co
Standard Tube.class B

Co

%

—

1

Standard

b.)

—

■

10

Common class B__
Preferred

(The)

16
—

20

Oil

Standard

5%

Co

&

Oil

C)

Mar

37% July

Woolworth

200

Standard

:——10

Brothers

Woodley

174

convertible

(R

Aug
33% July

6%

Corp

Wilson

Feb

(Wm)
River

Willson

Feb

46

174

Dredging

Jan

Inc

Sep

32

May

26

70

37

34 %

36 Va

Sep

k

136

132

136

Sep

16 Vb

Jan

25

Maryland Ry 7 % 1st pfd—100
Western Tablet & Stationery com—*

9

H3Va'Mar

Feb

Ill

3,708,

16 Vb /j

2 3/4-Feb

l%May
6% May
.

.—

15%

Feb

27

May

6VaMay

2Vb

preferred—*_*

Coal—'

Apr
Feb

800

7

374

Westmoreland

5%

14

-

7

,

.—1.25

Coke_^———45

Feb

113%

2Vs Aug

200

!

Corp

137/a

Apr

83/4 May

400

~2%

"2%

3% Jan

'

.10%

—1

Baking Cb warrants—
Aircraft

:

110

1.

pfd—L—

cum

10

10

.——100

Apr

27

Feb

12%

11%

3%:
11%

;—*•■

Co_

West

6%

10

Jan

1%

3%;

ll3/8

•

102%

3V4 May
May

1,300

28 Va

25

-

Jan

29(4

3Va
22

95

20c

5

15,800

30(4

25

Sep

23

W
Aircraft

Wisconsin
>

Feb

39

Apr-

19% July

29

3V'a

Feb

10

—

—

Winnipeg Elec common

Inc

&

■

5

Aug

99

Apr
7V4 May

31%

29

Brewing

Power

73/4

Sep

1% May

251

13

2%

—

Inc.—

Jan

312

♦

Texas

Apr

2574 July
28
Feb

86

37

1

Petroleum—'

Syndicate

Utilities

Co
—2.78
Standard Cap & Seal common,
1

Textron

2%

5

Manufacturing

Texas

30

Taggart Corp

Sep
Feb

Apr

100

2T*

3

„

„

Western

3%

7%

25

Jan

27%

May

12%

10

Valspar Corp common
$4 convertible preferred

West

8% Aug

Jan

Technicolor Inc

18
18

85

85
—

1

1%

2/4

__

—*

Manufacturing

May

Swan Finch

—

*

common

Ward

4 V*

&

18

new.:

common

Wentworth

16%

(S)

1774

.

Light

Jan

800

Stroock

Co

Sugar..

Feb

5(4

Sunbeam

13%

—————10

17

5

( T.

10

12%

10

39%

*

Stetson

47

10

50c

Products

Aug

29%

Stinnes

46%

"
—

1

Universal

Aug

45% Mar

19 Va

100

—

Feb

27

23% July
3 Va Aug

(A)

251

1%

1

Wagner Baking voting trust ctfs ext-*

800

Stein

251

—

—1

warrants

Insurance

Jan

40

7Va Mar

—5

Universal

Apr

7 3%

May
Apr

24

65

—

Co

Jun

62

3/a May
29

16%

60

common

&

Apr

1474

150

„

60

Sep

800

Starrett

with

5,800

__

Securities—_*

Reclaiming

Power

Jun

7,400

22%
„

25

Consolidated Oil

Utah-Idaho

7

1043/4

2% May
26
Mar

—

73

2874

Standard

23

22%*

__

common

Stores

Feb

Feb

,

Sep

3,700

„

common

Universal

Utah

18

—10

common—;

Radiator

United

yV
38%

17 Va

„

...

International

1st preferred

S

102

900

38%

—25

U

$5

33/a

25c

Machinery

U

U

3 Va

__

—100

Sharing

preferred
Shoe

3%

93/4 Jan

»

'

Apr

2,000

3%

10

Feb

11%

Sep

57/a May
50

——

Canal—

&

Profit

United

'

—

103

17%

—*
.

.

rets ord regis—.

5%

24

~9%

3 3/b

31%

Ja n

12%

7Vb May.

_*

•

Preferred

1153/4 July

2874

$1.60

3 %

May
Aug

56

_7

common

Jun

1,900

9%

12.50

preference—-—
preferred

Convertible

6

%

United Molasses Co Ltd—

dep

—

_*

10

Waco

23

Standard

1,300

6%
—

102

„

102

*

United

Amer

6

—

Corp

Feb

5

Standard

9

—*

common

2% Mar

10

l

1

common.--:

common

Southern Pipe Line
Southland Royalty Co
Spencer Shoe Corp

Stahl-Meyer

100

-

1

Southern California Edison—
5% original preferred
conv

May

6%

2,500

4%

l

common

Southwest Pa Pipe Line

4.48%

8%

1

-

Manufacturing

South

ro

*
——

Manufacturing Co—

Sonotone

4 74

327a Feb
77a Jan

'

(Howard)

6olar Aircraft Co—
Solar

225

11%

2721a.

4%

,—100

-

900

;

A Va Mar

Jun

2Va Aug

com——50c

United

Warner
8

9

(4

"

-

Apr

36%

Amer dep rcts ord regis-—l
Sioux City Gas & Elec Co—

3.90%

11%

*

Simplicity Pattern common——*„_1
Singer Manufacturing Co
^-2—100
Singer Manufacturing Co Ltd—

9

Jan

Publications—

preferred

6

July
1027a Aug
l7/a Jan

3% May
1% May

Omaha——100

Products

Elastic

Waltham
»

800

27

,

*

14

106 % May
27
Feb

*•

:

2,700

6%

6

*

:

A

24

Sep

9% May
68% Sep

»

Silex Co common

1,100

2%

105

May
100% Sep
1 Va May

13% Aug
143/4 Mar

2% May
18 Vb

loo

Sick's Ereweries Ltd

5Vb May

113/4

5
*

Canada—i

Jan

79

Feb

iya

68%

Jan

2%

Jan

Jan

3

*

•

12%

Feb

84

4%
24

6%

common-——25

/

350

17a
4

*

Gas

Feb

1

;

July

Feb

17

21%

1

Shelter Mfg Co„„

of

Feb

1

,

Shattuck Denn Mining—
Shawinigan Water & Power

Sherwin-Williams

6'A

May
2% May

l

preferred.:

Jun

17

•

4%

6%

2,500

80'/a

B

new

Feb

1714
2%

2%

~2%
17 Vb

101%

2%

6(4

5

Corp common
Light & Railways

July

83%

•

„

common

Sherwin-Williams

53/8

19

~2 %

25

Corp, common
Control

Safety

4

8

1

j

10

2% Mar

~3Va

5

stock

-

33% July

•

common-

stock

Jan

Fen

iya May

"314
%

43

% May

Sep

3% May
X25% May

32%

17

15%

200

2,200

x8

-

——

Corp

Yards of

Corp

United

Feb

400

5

3 %

1

Selby Shoe Co

6Va
2

*

-

,

3 %

»

Inc

2V«

37%

3'/a

Segal Lock & Hardware

$5.50

31%

25

—

common

Industries

4%

36

1

Convertible

600

32 3/2

Securities Corp General
Seeman Bros Inc..

Selected

4,900

l

Manufacturing

Scullin

9ya

2%

1%

1

Schiff Co

Scovill

8%
2 3/4

63 V*

—10c

United Specialties common
U S Foil Co class B

14%

•

Jun

Calif—

of

Chemicals

United

Feb

67/a

Sep

15 3/4

1

common

190

IV.

*

Preferred

Lawrence

9474

101

2%
1

Corp

series

United Aircraft

United

St

92%

174

:1

Canada—

Co

pfd

$3.75

Feb

18%
14

3ya May

500

—

73/4 July

Apr

49

1(4 Aug
92%
101

preferred—

Chemicals

Gas

United

12 V4

5
2

Inc

Petroleum

Rotary

£.1
.

Works—

Sep
Jan"

'

*

Works

Realization

United

Amer dep rets for ord reg
Rome Cable Corp common

574

30

*

8% Mar

Sep

1% May

40

.

Apr

U

775

2,000

53

— .-

Jan

2,400

1%
1%
100% 101

7%

53

'

—

convertible

80c

Ur.ion

1

17%

3%

Unioh Investment Co..—
.

12

41%

Sep

Rio

Grande Valltey Gas Co—
(Texas Corp) v t c
Rochester Gas & Elec \c!« pfd P
Roeser & Pendleton Inc

600
600

Jan

Jan

2374

227a Jan

*

Lamp

5%

24

*

—*-■

21%

Feb

13 3/a

12% May

16%

—

Inc

193/4

5%

_5

Trunz

38 V*

—

1

warrants—^

Tri-Continental

4%

_1

Engineering

Feb

Feb

—

—

pfd.——

4%%

Edison

Feb

6% May
18% May

.

»

Tonopah Mining of Nevada
Trans Lux Corp

31

2974 May
51

,

7 Va

_5

7

33

900

*

Tobacco Security

2

19%

Apr

1% May
27% May

'

Co

Dry Goods

150

29 Va

BY* Jan

2% May

5,900

*

common

Co

Electric &

Rice Stix

29%

29%

*

-

Manufacturing

3%

18%

18

10

—

16

High

500

■

1

Trust Co Ltd—
Amer dep rets ord regis—
Amer dep rets def reg.
Todd Shipyards Corp*.

16

Low

40

15%

.

,

1

& Construction*
Brewing Co
Tobacco & Allied Stocks

Realty

High

40

1

Tivoli

Toledo

274

l

Raymond Concrete Pile common:
$3 convertible preferred

Raytheon

274

Low

5

common

Inc

Roofing

Tishman

*

Quaker Oats common
6%
preferred—
Quebec Power Co

Co

Shovel

Thew

59(4

-

593/4

27(4

29

r

,

-

'

May

=.1993

*'—1965

"27%

J-J-'

103 %

,

103 V4 103

v.

Vi'

88
25

101

-

;

88%

36%
106

Volume 166

Number 4633

.

THE

COMMERCIAL

YORK

NEW

RANGE

Friday
York

Curb

Last

Period

Exchange

Sale Price

Friday's

or

Finland
5s

Residential

1956

Mtge

M-S

CURB

WEEK

High

$121

—-

Sold

SEPTEMBER

Low

No.

__

120%

—

M-S

$—

JrD

$63

77

Curb

Rayon Co 6s

A—1948

ser

Grand Trunk Western Ry. 4s__
Green1 Mountain Power 3 %3-

1950
.1963

Guantanamo & Western 6s

1958

Week's

55

income

Wash

84

65

Range
Friday's

Last

or

Period

Sale Price

Bid

St

Bonds

Range Since

Water

Asaed

Sold

January 1

High

No.

Low

73'/3

75

debs

1954

Power

Penn Electric

West

Penn

M-S

1964

J-D

2030

A-O

1969

J-D

—1959

F-A

3'/2S
5s

Traction

,___

5s—

11

108
108'/a
$106% 108
$120'/a

63 Va

3

103% 103%

'

•

—.

J-D

103'A

104 »/4 105

J-J

—

A-O

«»«•

$59

105%

104%

5

63

Western

106'A

56'A-

—

6s

Newspaper

conv

110

102'/2 103

122

101%

6

68

108

115%

Union—

debentures

f

s

82

108

105'A

,,

J-J

High

Hotel—

West
A General

Friday
Interest

Exchange

Low

Waldorf-Astoria

124

63

—

York

High
A 5s

1961

26

BONDS
New

'January 1

Bank—

standard—,

(1281)

EXCHANGE

ENDING

Range Since

Bonds

Bid & Asked

Low

Elmira Water Lt & RR 5s

FOR

FINANCIAL 'CHRONICLE

Week's Range

Interest

BONDS

New

&

105%

'

Hygrade Food 6s
6s

series

A__

ser

Jan

B

1949

$104

104%

104%

107%

1949

A-O

104%

Indiana Service 5s__
1st lien & ref 5s__

104%

1950

J-J

103%

103% 103'A

5

102%

104

1963

F-A

103%

103% 104

6

103%

Indianapolis Power

105%

1970

M-N

106% 106%

1

106 y* 108%

1955

J-D

Jan

& Lt 3'As

$103% 104%

A

6'As

series

A6%s

C

(Dec

1

1941

coup)

1955

A7s series E_

(

A7s
A 7s

__1957

(Aug 1941 coupon)

_1952

7s (July 1941 coupon)

J-J

32

J-J

1952

J-J

J-J

99

Kansas Electric Power 3'As
Kansas Power fit Light-3y2s—:

;

;

1969

J-J

32

2

32
32

~

42

132

98%

81

186

65

94

30

1

30

.

103

110

1

111

102

—

103

-1963

A-O

M-S

•

■

■

"58%

58%

.,

104

5

53
103

104

105%

103% 103'/a

"

107%

'

New

England Power 3 (As

.1961

M-N

—

,

N Y & Westchester Ltg 4s
Ohio Power 1st mtge 3'As

.2004

J-D

Lexington 1st mtge 3s

1964

Park

103%

103% 103%

3

106% 106%

J-J

mtge 3s

$106% 107

■■

AO

.

1968
1971

'

1st

Agricultural

Mortgage

A 20-year

7s

A

20-year
Bogota (see

1

101%

104

106%

/

Danish

$104

■

__

106

$87%

—

'■

107

77

Range
Friday's

or

A-O

No.

Low

High

66'A

66'A

78

$64'A

75

69

76'A

1948

J-D

$38

45

22

45

1955

M-N

83

84

83

F-A

$-

88 3A

88'A

94

J-J

$15'A

20

21

29

M-S

$__

15

15

18%

M-N

$27

30

28

34

J-D

$38

45

30

47

52'A

52

Loan—

.,2

96

-

Si

reduced

Interest

AMedellin

High

66'A

J-J

Waterways—
AExterr.al 6'As stamped
1952
ALima City (Peru) 6%s stamped_1958
Maranhao stamped
(Plan A)
*

Range Since
January 1

Sold

of)

5s

Port

Bonds

Bid & Asked

—

Jan 1947

Municipal

External

7s

to

2%s

stamped

2008

,__1951

87

of Bogota—
of May 1927)
of Oct. 1927)

Bank

Mortgage

Pennsylvania Water fit Power 3JAs_1964

Last

Sale Price

1953

Cons

Danzig

109

105%

„

(Col)

April 1946

7s_

5'/2S

■

A-O

Bank

_t

Mortgage Bank
ACauca Valley 7s

65

16

"

'

""103%

Interest

Low

External

—,1967

Week's

Friday

Exchange

Period

-

Extended at 4% to___
Milwaukee Gas & Light 4'As

Curb

102%

104% 104%

__

York

New

42%

$110% 111'A

■

BONDS

42

6

'

65

-

F-A

:

42

99%

$104%
:

42

31%

4

41

30

72

J-D

1956

McCord Corp deb 4'As
Midland Valley RR—

1966

43

31

34%

32

98%

—

.

32%

2

32

32

,

11

35%

32

1903

A.

Altallan Superpower 6s__

32%
.31

$32

——

31%

,1957

6s

32%
31

F-A

1952

Interstate Power 5s—Debenture

32%

—

1957

series

A

!•

.'

.

International Power Sec—

•

1970

Public Service of New Jersey—
6% perpetual certificates—

J-D

—

J-J

$105

—

108

106%

$107% 108%

—

M-N

154

A-O

105% 105%

Queens Borough Gas fit Electric—
5 'As series A

1952

Safe Harbor Water Power Corp
San Joaquin Lt fit Pwr 6s B

3s_1981

M-N

1952

M-S

1951

A-O

1965

M-S

1970

A-O

1971

J-J

1970

F-A

1989

M-N

154

5

1947

M-N

$44

A-0

$44

55

50'A

53

J-D

$~

30

21'A

25'A

A7s

109

154,

170

104%

(issue

A 7s

108

107%

—

1947

AMortgage Bank of Chile 6s——1931

3'As

(issue

Mortgage Bank of Denmark 5s—-1972

106

Parana

105%;

1

Scullin Steel inc mtge 3s

Southern

California

Edison

Southern

California

Gas

Southern Counties Gas
1st

3s

3'As

(Calif)

Gas

Spalding (A G)

Elec

fit

3'As

5s

AStarrett Corp inc 5s
5s

collateral

105'A

—

A5'As

105% 105%

20

105%

8

105%

A7-4s

1950

105%

(Hugo)

$-,

90

90

98'A

$26

29

25

37

(Plan

$20

26

24 V2

32

A)

2%

to

J-J

.2012

J-D

1921

—

2'/8

2

2'A

140

2

6

J-J

6'As—-1919

2%

2

2%

236

2

6

107%

104

$103% 106

—

—

$106% 107%

A-O

107%

"6

103% 104

—

A-O

1966

trust

(Hugo) Corp—
3rd stamped

Stinnes

2008

107%

$113

116

108

101

a

Deferred

n

Under-the-rule

1

37

2

33

47%

35%

37%

7

35

47%

104% 104'A

5

68

1946

75

A Bonds

■
,

J-J

1946

A-O

1949

United Electric Co of N J 4s

J-D

104'A

being

106%

Cash sale,

r

x

e

Odd-lot sale.

Ex-dividend,

f Ex-dlstribution.

y Ex-rights.

traded flat.

'

'

'

Abbreviations used above—"cod,"

104%

d Ex-Interest,

sale,

sale,

§Reported in receivership.

Industries—

A7-4s 2nd stamped

par

$Friday's bid and asked prices; no sales being transacted during current week.

117

68%

37

■—

delivery

value,

Ex-stock dividend,

104%

89%

68%

'

•No

g

\

Stinnes

2'/aS

stamped

reduced

Government

ARussian

97% 100'A

105% 105%

—

Janeiro

de

to

"

$100

--

121'A

Interest

108%

118

;

reduced

—

mtge 3s_

Southwestern

108'A

$117% 119

J-D
M-S

stamped (Plan A)

Interest
Rio

$107
__

52

certificates of deposit; "cons," consolidated; "cum," cumula¬

tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;

"xw." without warrants.

"ww," with warrants;

when issued;

"wl,"

OTHER STOCK EXCHANGES
RANGE

FOR

WEEK

26

ENDING, SEPTEMBER

'

•

Baltimore Stock

Range
of Prices

Sale Price

Shares

Par

Arundel

Transit

Baltimore

5%

Co

preferred

1st

v

com

v

t c

t c

America

U

;

prior preferred

Amsterdam

New

S Fidelity

•

4%

20
10

40

40

205
70

63
182

16

May

4 Vo Apr
19'A Aug

Century

1

High
25'A

Feb

9 'A

Jan

preferred

J an

44'A

Eastern

Apr

40

Jan

160

Jan

40'A

6'/o

Jan

300

1

295

Jun

315

53

54

48

37

Jan

54

100'A 101

30

100

Aug,

tl04

Mar

Eastern

100

100%

26%

Lines

SS

28

89

24% May

29

Jan

44

288

39% May

46'A

Inc

1975

75

75'A

5s

series

:_1975

A

83

85

$17,000

71

July

90'A

Feb

1,200

83

Aug

98

Isle

Safety

Lone

Boston Stock
Friday

■1.1'

Exchange
Week's

Last

Range

Refining
Si Tel

Shares

Low

•

47%

100

American

Tel

American

Woolen

•

Anaconda

Copper

42'/a

50

I..

—

*

Bigilow-Sanford

100

&

Son

Carpet

6%

157%
44

Boston

Elevated

25

Ry

48%

Boston

7%

*

fis Maine

43'A

135

157% 159%

2,508

&

34% May
34% May

149%

43%

45%

276

26%

35

299

31

42'A

10

18'A
18%
124% 126%

150
90

Central

Jun

National

1

High
49%

Sep

44%

Feb

174%

Providence

New

For footnotes see page 42.




zz

29/2

J6% 57%

132%

Jan

May
Jun

14% May
117

Jun

50%

39% July
74

July

|1.99

25

2

Sep

9

Jan

20

72

Aug

93 y4

Jan

145

20

Aug

47

Jan

225

83

285
50

20%

Jan

25

Apr

51% May

140

19%
135

Northern

Feb

37 A

23
7/2
J '4

23%
< ,a

6,3

^3% 45%

--

46
--

65%

—100

pfd

45
15'A
65%
27
oj

--

55

15%
66%
28
00

2,188"
288

39% May
57'A Feb

50'A

58%

(N H)__

RR

39.50

Apr

24% Mar
30

Jan

60 »A July

44.15

Feb

1,674

31% May

40

279

23 V4 Mav

32% Mar

280

7'A

Sep

1,385

2%

Jan

Jan

Jan

Shawmut

'

91%

90'A 92%
52c
139

—

53c
139

Feb

Sep

41% May

51%

200

43

Jan

46

May

14
May
58% May

17

Feb

8

304

60
141

Jun

23

1,380
400

590

78%

Feb

32%

Feb

43'A May

60'A1 Feb

121A

21

Feb

67c

Feb

26c

Sep
May

90% May
lA Aug

600

10

Jan

120

Feb

121

Jan

1%' Jan
140

—

May

26% May

39%

17%

Sep

26%

Feb

2'A May

4%

Feb

11%

Feb

33

33%

166

17%

17%

18','a

1,293

3'A

4
7%

664

14
13%

199
160

10% May

17'%

160

32% May

42% Aug

18%

29%

77

__

•

2.50

7/s

7, a

-*
*

& Webster Inc—

May

Torrington

$3%

13%

—

13%

50

6%

Sep

13'A Aug

27

29

263

20% May

39%

Feb

16'A

16'A

60

12% May

18

Jan

Warren

20

43

Sep

Westlnghouse

Union

Jan

United

Machinery

U

S

S

Smelting

common

Rubber

U

(S

Refin # Min

D)

Co-.-,--

Electric Corp

37%

37%

39%

41 A

41 A

95

—

53%
60

52'A
60

54%
64%

2,397

Jan

59% July

500

60

Sep

71'A

Apr

44%

45%

356

40"%

Jun

60%

F*b

—49%
15%
21 Ya
2?

49%
15%

Feb

*
25

Fruit Co
Shoe

Feb

*

Drill

Twist

15% Mar

5

Co

28%

Sep

United

37'A

—25

Jan

722

Feb

33%

50

—

Assn

460

May

•JDC

4

280

Jan

19'A

25

13'A

3SC

10'A

Feb

*

Quincy Mining Co
Rexall Drug, Inc

26

Sep

12'A

~

2.50
100

Mills

18'A

25%

12%

-100

Mining

25'A

Sep

1
1

Cos

Pennsylvania RR

Stone

42'A

43

"/a

35,8

42% Mar

58'/a

43

5%

Racing Assn

Butte

25%

•

—

—,-25
"

England Tel & Tel

North

•

100

RR

Service

100

RR

Jan

May

Feb

40%

RR—

prior preferred

*8 /a

—

-*
.-50

pfd—

Theatres

Cement

18'A

Corp

Boston Personal Prop Trust
Boston

Low
175

13 3'A 133'A

126%

100

Stamped
Boston Herald Traveler

2%

J4

^2% 23

—

1
15

Co

6%

(Del)

Narragansett

Range Since January

34

*

100

Bpston Edison

Zl '4

—

1

Copper

Star

Pacific

pfd—100

Inc

Boston & Albany RR

,

35,4

Razor

Boston

Maine

High

..(! 1

Bird

2%

--

74

Mergenthaler Linotype

for Week

of Prices

Par

Agricultural Chemical
Sugar

60

Sales

Sale Price

STOCKS'

23%

50

Feb
Lamson Corp

<v!

93

—

Copper—1

Royale

Loew's

American

Feb

Feb

67%

Electric

Kennecott

American

8%

30.93

37

*

Capital Corp—

General

Gillette
4s

6'A May
26.48 Aug

67%

•

common

Hathaway Bakeries
Transit Co

66

Jan

BONDS—

Baltimore

■■

22

353/^

—

Stores.

National

First

General

26%

\

'

-

100
-,—100

Employers Group Assoc

43

'

Range Since January 1
Low
"
High

—

100

Sep

20

•>

JH'-d

100

—

—

pfd adjustment—,

Jan

"I'

Ry—

pfd series A

1st

5 %

I

-iiiuti.

Associates—

——

Street

Mass

Common

144'A

Shares

High

27.87 27.87

—|

'

Sales

for Week

$0
Fuel

&

Gas

of Prices

nV'on oVon

—

—-1

Trust.:

Service

Eastern

6%

50

& Guaranty

Ciiles

Shares

Week's
Range
Low

5

Calumet & Hecla

Range Since January
Low

355

Sale Price

j

Par

300

2

Casualty.

4y8
25

145'A 146
40

STOCKS—

High
17'A

24

class A_—_100

Mount Vernon-Woodberry Mills—
Common

6.75%

17

100

Fidelity & Deposit Co__
Fidelity. & Guar Insurance Corp
Finance Co of

Low

_•

Corporation

Last

Sales
for Week

Last

STOCKS—

Exchange

Week's

Friday

Friday

10
Co—50
*

—

—

12%

—

—

28%

40

44%

May

46

38% May

50%

25

13%'July

18

272

22% May

10

Jan

Apr
30'A July

33

COMMERCIAL

THE

(1282)

34

&

FINANCIAL

CHRONICLE

Monday/September 29,.1947

OTHER STOCK EXCHANGES
RANGE

FOR

WEEK

ENDING

SEPTEMBER

26

Week's

Friday

Chicago Stock Exchange

'?

Week's

Friday

Shares

Low

Admiral Corp

common

Laboratories

Allied

American

Tel

Manufacturing

Avco

Corp—

Belden

Co

Mfg

common

——

Berghoff Brewing Corp.—.—
Binks Manufacturing Co capital

Corp

W)

(George

Borg

&

Co

(E

L)

common

Piston Ring

Burd

Central
&

cent

Util

W

S

common

preferred

Sep

850

18%

Apr

237b

Aug

13 7b

300

10%

10%

350

52

400

387a May

49%

51

300

40

Mar

40

41

100

35

Jun

14%

14%

400

7%

2

550

13%

13%

9%

107.

13%
10

8%

(The)

-

(new)

Corp common new—
Domestic Credit Corp class A—

Sa fety

Feb

Oil

Co

Jan
Feb

Corp

8% Aug
25

9y4

July

Car

Feb

6574 Mar
13%

97b

Feb

Standard

,

iW

of

rilson & So
Snited Corp .

Aug

May

85

62

•

33%

28

980

25

May

28

400

32

May

39%

Feb

4

1,200

3

May

5%

Feb

Apr

6%

4%

41

150

35

Apr

41

100

147* May

19%

Feb

147b

14%

300

12% May

22 3/b

Feb

24%

Jun

337/b

Jan

%

4%

1,800

4%

Sep

7%

4

474

10%

10%

200

9% Jun

13%

Feb

Aluminum

3'/a

3'/a

3%

150

2% May

474

Jan

American

AUg

9%

300

1474

Feb

22%

100

22%

Sep

31

Jan

25

Jan

25

257b

200

21% May

33% July
28 3/i July

•

9% May

•

7%

57%

N

206

10%

26 Va

200

23

16

16

16%

900

13% Mar

17

July

300

64

793/4

July

13'

200

11% May

20

20

20 3/b

500

16

1274

12 7a

12%

4,000

27/a

300

14

*■

Corp

12%

1
1

Zll

■.

753/4

73%

—25
*

2%

*_

17

Feb

24%

May

Feb

12%

Sep,

474

Jan,

2% May
10% May

200

14

Mar

7%

Sales

Week's

Friday

Jan

157a July

~

104

26% Mar

Range

for Week

Sale Price

stocks—

of Prices

Shares

Low

Par

Industries

Brewing
Churngold > **—

100

16%

Sep

800

13%

Feb

197a

Sep

31

Feb

Cincinnati Gas

70

17%

Jun

20

Apr

52

Jan

Feb

Cincinnati

37%

Sep.
Feb

28

Feb

Sep

2174

Jan.

Jun

29%

31V4

*

120

29% May; '

23

165

16

26

195

1174

10%

11

—8.50

15

3374

223A

♦

Cinlonnati Street

High

Low

17%

32%

32%

32 7t

Jan

Jun

8%

.

19% July

750

20

,

Range Since January 1

High

32 74

*

Laundry Mach

—

common

58%

700

8!/b

1,200

2874

100

23% May

6%

Apr

65

974 Feb
31%

Feb

2

.

Telephone

Cincinnati Tobacco

.50

Warehouse..

11%

1174

10O

10

Jun

16

20

350

167. May

21

Feb

Eagle-Plcher

17 7b

17%

600

16% May

20

Jan

Formica

157

71.

7

81%

35

30

35

73/4

_*

.

14 7a

Feb

Jun

99%

Jan

Jan

7%

10

7%

Feb

AUg

7

36

Feb

Sep

14

Feb.

Feb

20

80

80 7a

'

110% Aug

1067a Mar

203

7%

77a

*25

Motors

Crosley

41

108

108

7

25

396

26%

26

.100

17 7b

Gibson

9% May

500

10%

10

11

Mar

200

15

Mar

67

68

180

56

Apr

70

Feb

Kahn

207b

21

150

20

Jun

x24

Jan

Kroger

x29

Jun

10%

:

58

8

24

Jan

327a

265

53

JUI1

69

Jan

class

Hobart

A*

*

41

——

8

5

Jan

11

July

60

Jun

70

Mar

20

40

Jan

50

67

67

-.

20

50
Sep
4074 May

8%

8%

100

...

257a July
Feb

Jap

29

58

•

preferred

20

21

24

29

56%

*
*,

Participating

24% Aug

23%

10

*

.

Art

Hatfield

197. May
107a Sep

23 7.

.

*

500

23%

9%

10

common—.—25

common—

Feb

Cincinnati Stock Exchange

20

107a

Spencer Bartlett

Feb

30%

11%.

25 7/8

14

J

Aug
Jan

"

3

(new)

Werner

Feb

15%

11

15

common

39% July

May

-

7%

8

23 7.

Hibb

81

2874

_

.

10%

Sep

May

7% May

900

8

1

Preferred

10

common---—1

.

*

.

Burger

22

19

Feb

9%

22%

Sep

1,800"

•

Feb

15%

15%

33%

common:

Sep

18%

(G)

Inc

37

1

com

common

July

27 7a May

25"

Jan

Feb

30

16%

Feb

87a

Feb

5
68

200

17%

*_*
common.—.——*
common..—*—*•

H)

Hein

41

43

Apr

54

Mar

"

preferred

35

35

35

100

35

13

12%

13

550

11% May

177a

Jan

Meteor

26%

26%

200

18% May

29%

Feb

National

20%

21%

250

19

Feb

8%

50

May
874 May

25

8%

18

Jan

720

77a

Sep

24%

Jan

1,700

1%

Sep

674
15 74

50'
473/4

<

196

-•51% July

Jan

11 7b May

47 7a

—

Sep

.—10
Illinois Central RR common*-*—*.100
Independent Pneumatic Tool com.—*
Indiana Steel Products Common
1

50

47

50

...

,*

Harvey Inc common..—_—-5

Hubbell

Brick

Illinois

capital

Co

pfd

Interstate Power $6

-*

Lunkenheimer

21

1

common

7%

11

11

Co common
1
Switchboard common.
——*
Kentucky Util jr 67c preferred
100
Li bo J McNeill & Llbby common—
7

Katz

11%

Drug

Kellogg

7 Ya

West

Miller &

Hart

Modine

Lqc

common—*1
—*

Co

Mfg common.
Chemical Co common—

Monroe

Standard

National
Northern

common

Northwest

Bancorp

Northwest

Util

Bush

Nunn

Oak

common*.

Shoe

Manufacturing

Ontario

Co

Mfg

common——

common

Peabody Coal Co class B com.
6%

preferred

Gas

Lt

Perfect Circle
Potter

Co

Process

Rath

(The)

Packing

common.....

common

.*-*

Sangamo Elec Co common.
Schwitzer Cummins capital
Roebuck

Sears

Serrick

Co

&

—

11
42

50

2674

Jan

16%

2,300

13%

Jiily

8% May

&

1,700
10

16

Jun

21

22

50

1774 May

22

Randall

U

S

100

56

56

100

97i

18%

4%

—*

Preferred

9Va

*
—3
100

Feb

647b

Feb

48

Jun

Akron: Brass Mfg—**

15

Jan

Alleghany

Corp,

26%

Feb

American

Home

8%

300

21

10

148

19

130

Apr
Apr

*

Jan

180

Feb

18%

Sep

23

678

19

430

672

960

93

17%

17%

18

1,400

917a

92

270

917a

11%

11%

250

11

5 VS

5%

100

*

674

6%

30

29%

29%

10

287»

250

1574

15%

50

36

36%

500

12

12

27

Aor

1074

Feb

Sep

20

Jan

0% Apr

1,700

1007a

97

36

: STOCKS—

Prod

Corp

.

Sinclair Oil Corp*

Society
South

Brand

Bend

Apr

17% Sep

974
110

capital

Louis

Nat

Standard
-

Stockyards capital

Dredging pfd..:

Common

Storkline

93%

Mar

14

Apr

6

Jun

5

Apr

6 74

Sep

28

May

32

Feb

jun

29

Feb

May

18

Feb

22%
12

Sep

30% May

8%

Jan

407a July
12% Aug

337a

34%

12

12

12

400

15%

15%

15%

500

77a

7%

500

May
67a May

27%

27%

27%

200

33

33%

50

Illumin.

Electric

100

21'

Aug

*

25

Swift

common..

3%

39%

General

Electric

General

Motors

Glidden

Co.

international

Certificates

of

Co

Co,

208

La

5

deposit

(The)
Salle

...

8

Steel

Lakes

Great

Towing

x247t Mar

1,350

10

Mar

347a

Corp..***

Interlake lron

For

footnotes

common—

capital—

see

Low

3y4

Feb

5%

Feb

al58%al59%A

July

34%

Jan

149% Jun

-174%

.

*

a233/4 a23%-

100

'

5%

3%

'250

■

High

Sep

^3/« May

300

3%
•

45

22%

1

234

(

19

13% May

100

16 3/4

16%

Fee
Feb

"

127a'

12%

1,916

13

8274

82 7»

83

a327a

47%

69

84 3/4

July

37

Mar

5

327b

47%

80

2

alO97a»1097a

13% Aug^

1174 July

280

1474

a417a a4l74-

110

2774

,

Feb,

35% July
Jan

Juri

165

-

July

447a ?eb
1157a

Sep

4074 May

54%

65

75 *

70'/a

100

a51% a51%

50

42 74

32

July

Fe"b

61

Jun

Feb

Feb
Feb

a3678

May

a57% a57%

66

51%

Jan

65%

a457a a45%

25

34

Mar

49%

Jarw

*

a45% a457a

6

61%

Feb

a

__*

36

417a

Jun.,

17%

17%

301

177a

Sep

23

Feb

100

30

30

14

27 7a

Jan

30

Aug

5

23

23

25

23

Sep

31 3/b

*

al3

al3

200

•

common

14

16% July
974 Feb

Interlake

237a May

34%

Kelley

Feb

(Un)

Feb

37a

3

200

May

4 % July

McKee

Medusa

May

24%

Aug

N Y Central RR

33%

34

500

31

May

37%

Jan

Ohio

22%

2274

100

217a

Sep

26%

Jan

547b

54%

567a

1,500

1%

2%

20,400

217B

1,050

x22

Feb

31

Jun

25

19

May

13%

225

1174

11%-.
70

36%

220

9

240

52

37,,,

175

57.

700
40

a5%
14 7a

25

25,74

20

21

32

37
5

Metropolitan Paving Brick.J
National

Oil

class A

Mur

(Un)

5

74

Acme

-

11% July

a26% a265/a

16

July

607

22 3/8

10

class B
Portland Cement.

350

44

32%

13

*

(A G)

150

300

32%'

a22%

••

*

k
-

a57a

*

a

(Un)

—

*_*.

14%

a257t

...

15 7a July

97a May

70

Steamship

Machine
I
Island Lime & Trans

Jaeger

2374

25

30%
*

48

*

Bankshares

Range Since January 1

Sep

137a JUly

22%

22%

common

common

Yates-Amer Mach

Shares

*

(Un)..

common

17

Packer Corp

*
*

*—

_*—

3174

48

48

Sep

597a

Sep

Sargent
Radio Corp of America

Sep
May
21
May
47% May

274

Sep

Republic Steel

547b
1%

14

400
'

140

68%

page 42.




«»4r

400

62

28

300

237b

117.

4

5

717a

27%

Westinghouse Elec & Mfg common -127a
Wisconsin

Sales
for Week

(

(Un)——10

Gray Drug Stores.—:

11%

950

J2%

13

250

,

Feb

Richman Bros

3174

Sep

32
28

a7%

*

a

-

34

36%

*

Jan

13

Apr

71

34%

Juri

52

4%

Jun

21

47*
12

May

Feb

247a July
16% Feb.

87a

July

Sep
Jari-

Feb

30

Jan

Jun,
May

10%

Jan

22%

Feb

Apr

27% July.

60

30

May

357a Mar

28

45

247. May

30% Feb

a8

67

->

*

45%
267a

45

7V2 May,

10%

Feb

22% May

30% Feb

457a

692

447a

Sep

543,4

293/4

681

233/4

Jan

31% Aug

a257/s a26

..10

Standard Oil of Ohio common

64

32

•

...

23%

54

Feb

Feb

May
Apr

797b

Jun
97« May

137a

II

(Un),——

(Un)

*

tJ S
U

Feb,

39%

Goodyear Tire & Rubber common

17

1%

St

52 7s

-

51

common

3774 May
15% May

10

*

Co

So

Jan

"

♦ '

common

40

Corp

Trane

Apr

49%

Ltd—

(The)

Rights
Thor

37a

25

•Patterson

Texas

52

High

3%

3%

1

(Un)***—*.*.*.

39%

25

capital stock

Low

Par

15,

Tire & Rubber (Un).

Firestone

22%

common.—

Tool

Range

—*

Electric Controller

20%

Switt & Co

Mach

Jun

51

of Prices

com———*

—

Nestle Le

Sundstrand

Jan

38

Feb

197b

30
Apr
17% Mar

38

197a

1
5

1

Furniture

;

__——100

A4i60 -.preferred

Consolidated Natural Gas (Un)

Feb
Sep

26%

33 7a

20

Standard Oil of Ind capital.—

167a

81

Week's

Sale Price

l

Iron common—

Cleveland' Oliffs
;

_i___

*

Lamson & Sessions

St

Jan

"

(Un)*_——

47a % preferred
Cleveland Graphite. Bronze (tin)

•

common

Works

3%

Sep

67% July
57a Sep

127. May

376

1

(Un)

Products

American Tel & Tel

Jan

4% May

50

...

Jan

*

—

Clothes

Lathe

50

50c
:i

*—*

(Un)*_

Cleveland

•

common

Signode Steel Strap common

50

•■■■,
■*

Halle Bros

Shellmar

50

Jan

774

1,450

19

57a

Last

8%

97

1

477<

Friday

Sep

167

9%

9
19

6 V2

45

200

14

Feb.

7%

July

56% May

Cleveland Slock Exchange

137a Mar

Clark, Controller

1

5%

133/4

50

5

120

Feb

May

6 74

4% July

606

14

—

Printing

34 y8 Aug

50

974

77a
66%

7%
66

667a

•

B

49 7a May

200

22%

10

47

class

-

Aug

5

21%

*

:

«

July

39 74

273/4

Jan

'

G

Feb

117a

167

1

capital

24%

1774

.

Apr

8

350

July

40%

11

23 7b

50

5%

Apr

16

39

•

class B common

Corp

May

10

(new)

common

(The)

Corp

8

£'%

5

167

50

Co

300

20

97a

57a

Mar

100
2%

—

Coke

&

(The)

111

*

Preferred
P

Feb

May

1

—*

Pennsylvania RR capital
Peoples

<

Feb

10

107

22

s.——

preferred——100
common—
272

7%

67a May

1

17%

^■ril

10
*

common.

Corp

111

*

450

40%

16%:

*

Montgomery Ward & Co

1,000

77a
110

87a

11 7b

vtc

common

Brewing

Minneapolis

5

capital

Corp

1274

77»'
110

Lindsay Lt & Chem common.—.——*
Middle

2%

2

2%

25%

97a

5%

;*

Pumps

257a
97a

♦

,**

....

Motors

Rapid
Stores Inc

Jim Brown

.

1

,,

**

Oil

29%

22%

674

„2%
new

Standard Steel Spring

32

16%

Feb

Jun

J ah

July

3%

•

■.

,

(The)

StudebakerCorp
Sunray Oil Corp

30%

17

12%

4%

10

Socony Vacuum Oil Co Inc

Jan

16%

12

May

Mar

35%
.

5

...

Sep

Instrument Co common.—1
Brewing Co capital—_1

Hammond

300

'

Radio-Keith-Orpheum
Republic Steel -Corp common

23%

Razor common.
Inc common

Bros
Co

~5%

72

May

5% May

_5

20%

7

"57a

42

May

10

4

,.

Radio Corp of America common
2%

160

95

Feb*"

31 Va May

400

113/4

11%

11%,

•

■

...

Pepsi-Cola Co
Pure

22% Mar

94

Feb

Feb

Feb

56%

94

5%
17
417a

12

1
j,

Airways Corp
Pictures Inc

Feb

400

17%

Great Lakes Dr & Dk

Horder's

Amer

200

5

Corp common—

Motors

Heileman

Paramount

57%

IVi

Brewing common

Refrigerator Co

Gossara

Pan

10%

Inc**.—_5

America

of

(Peter)

Goldblatt

Sep

41

10

General Candy .class A

Gillette

Co

Motors

Motor

25%

1
Eddy'Paper Corp (The)———*—*
Elgin National Watch Co
15
Mills

300

343/4

343/B

II

Radio.

.

36

*
;-50

Dodge Mfg

insucrai

North

57%

297/a

May
May

2% May

Last

preferred

Cumulative

Gibson

<te

Light

Feb

36

-

12
26

\

Central RR capital
American Co

30%

57%
_*

Co

(new)

Common

Fox

•

,

York

Jan

20

7% May

1,400

75

73

900

Co—

Consumers

pjour

7

6%

7

74

150

500

9%

Gas

21

6% May
60% Jun

200

Electric

Laclede

23%

1972 May

65

65

Inc—*———>—5
Commonwealth Edison common —25

Coleman

40

8

100

•

New

10% July

125

7%

3 7B
13%

15% Mar

87.

247a

3 7b

13 74

1

Electric

Television

Graham-Paige

Packard

-16%

Sep

24%

8

24%

&

3 7b

13%

50

_*

Motors

Farnswortb

517a

*

'■ High

Low

——10

Curtiss- Wright

45

8% May
77b Mar

1,700

-

Gas

Nash-Kelvmator

Apr

12

150

Products

Continental

Sep

52

174 May

.

Certain-teed
Columbia

Range Since January 1

High

•

com_

Rolling Mill -*—**
Anaconda Copper Mining

Feb

1374 Feb

Apr

8%

_1

2%
10

(new)

17%

11% May

874
1%

•

Cities Service Co common——

Jan

167b

8%
2

*—

Chrysler Corp common

10%

400

200

18
14 7B

Convertible pref

Chicago

150

177.

137.

Chicago Milw St Paul & Pac

Chieago

150

13 74

5

14%

9% May

12%

Low

1

Corp

American Radiator & St San
American

General

12%

-

507a

1
———_•
v"fc c
*
& South Air Lines
*
Towel Co common
—♦

Chicago Corp common
V

1,200

127a Sep
11% May

127a

Shares

Feb

22

5

common

77*

4% May

Feb

37%

5

50

50o

common

Burrell Corp

5%

Apr

12%

Central States Pr & Lt pfd

Cherry

372 Aug

28

123/4

*—*

——

15% July

9% May

300

20

10

Corp

Secur

111

Convertible

800

4%

250

common—1

Biscuit

Carr-Consolidated

13%

37%

103/4

Butler Bros common

Feb

4%

.--1
12 7a

common

Burton-Dixie Corp

Sep

174%

37%

1

—

237a

Jun

4%

Corp common.,
-5
Sons (E J) capital*—-*—-*--*

Brach

Jan

377a

Borg-Warner
Bruce

17
150

47.

*-10

—

Feb

13%

•
10
*~1

Bastian-Blessing Co common

Feb

11%

Jan

300

158% 159

3
—3

common

Feb

7%

97a

300

22%

22%

67a May
3% Sep

1074

500
200

100

.

for Week

Stocks—

Alleghany

High

Low

4

1174

10%

capital™. 100
:
—5

Tel Co

&

Washer

Automatic

3%

3%

•

common

Co common-

Armour &

5

common™——•

Bearing

Ball

—-

Castings—

Aluminum

Advanced
A«na

7

Range Since January 1

High

7

Par
—l

Unlisted

for Week

of Prices

Sale Prioe

STOCKS—

Range
of Prices

Par

Sales

Range

Last

Sales

Last

Sale Price

STOCKS—

30

Feb

July
Jan

15% July

Steel

common

Van

Dorn

Iron

Works*

Vlchek Tool
World

*

*

Youngstown Sheet & Tube...

117a
20

*

•

117a

'11%

*

—

Publishing

*

26%
69 3,4

*

(Un)

20

70

13

61% May

79%

Feb

Jun

20%

Feb

11%

140

10

1174

100

1174 May

12%

20

20

34

86

53% May

20

a687/a a693/4

Jun

72 7a

Feb
-Jan

Feb

COMMERCIAL & FINANCIAL

THE

Number 4633

166

Volume

(1283)

WEEK

FOR

ENDING

26

SEPTEMBER

Friday

Week's

Sales

Last

Range

for Week

Sale Prlee

STOCKS—

of Prices

Shares

Par
Pacific

6%

Corp common

—25

&

Gas

oommon

Indemnity Co

pacific

Western

1

1,000

38%

300

49%
55%

44%

325

35V4

Republic Petroleum Co coihmon_. —1

7'%

Drug, Inc.
Rice Ranch Gil 420-;—,—_——

Week's

Friday
Last

STOCKS—

of Prices
Low

Pat
Aeronautical

Electric

Alien

3%

3%

TOO

23%

23%

300

3

1

3%

-

Low

2

520

3%

-

'ir.

RangeStnee Jaaamry 1

High

3%

—1

Products

Shares

3%

Southern

3% Sep
5% Feb

Jun

'

American

Metal

croduot:

—

—

.2

15'/4

24.

Jan

4.32 %

4.48%

466

22%

22%

73

36%

280

31 Vb May
48

-30

51%

*52

1'5
_25c

29%

29%

30%

85

a

Corp—.—.■—

21%

Sep

»1%

Pen

75

Jan

1'7% Aug

Jan

'25% July
40% July

May

59

July

26% Mar

33

July

17c

15c

18c

36,900

10c

50c

.1

Sep

20

52 '/a May
14
Jan

507

>

Sinclair Oil

High

-

Aitg

15%

82

'

May

300

22%

Company

y

" Jan

7

1,255

—S

Petroleum Co of Calif

Signal

for Week

Rang:®

Sale Price

'

9

2,061

BO

.*».•—m~.w

«o

38% Aug

7%

Inc

f

Apr

26%

44%

15%

1

Feb
%

Apr

18%

1'5%

Trading

Sierra

Sep
Feb

7

—*

Shell Union t)il -Corp

Sales

55

•60

Sears Roebuck iSs Co.

Exchange

49%
54

common—

Safeway Stores
Security

11% Apr

'25

Corp

Oil

Jan

38% May

'36%

Rexall

Richfield

42

97

19%

18%

-2:50

Sep

Jun

180

44%
35

21%

50

•

1

High

Jan

34%

1,163

39%

54%

44%

.10

-39%

49Va
49%

__

Co.

Timber

Sound 'Pulp Af

Fuget

Low

13%

39%

__

—

10*

—

Corp common-—.
Oil Corp

^Lighting

Pacific

20%

Range Since January

High

20%

20%

—25

1st preferred

Pacific

torn

.—10

Elec

Finance

Pacific

Stock

35

STOCK EXCHANGES

OTHER
RANGE

CHRONICLE

"50c

60c

23,900

45c

Sep
July

14

May

18c

Sep

1.35

Apr

■

Corp-^.

com

15%

140

131

31%

1,103

Jan

28%

918

30% May
28% Sep

34%

28%

29%

Jun

30

30%

579

29 y8

Juh

32% July

36 %

July
Apr

15%

—^—*

Calif Edison Co Ltd
preferred
preferred

25
25
25

16% Aug

July
"

La.dwln

Rubbjr

—L

:

Bro.wn-McLaren

-

—

Edisun

aaretiuit

21

400

21

20
4

4

-.-5
—-20

common

130

2%

2

2Va

—TO

Consdlidated Faper
Detroit & Cleveland Navigation

19%

10%

—_1

TO

19

1,310

21
M

3% Sep

"800

.4

"23 '/a

.

23%

3,042

23

13 V4

1,472

10% May

120

Feb

2% Jan".

May

12%

23%

127/a

May

1% July

18% Sep

May

Sep

Southern

13

-10

19 % "

19%

13% July

.

inc.

Eiectromaster,
Fnar

Ale

—1

—

1%

"

Finance

common

July

16'A

class B.

Manufacturing

Gemmer

GePefail

16 y4

"400

12

May

'8 !4

104

7

Jtm

8%

11%

Juh

10%

.May

52

15 %

Jun

21%

22%

2,705

20

May

20

102

Apr

1

'912

9%

9%

V%

5%

6%

567

4

Graham-Paige
Lamp

Hocklns

4

4

1

_—

——

.—5

—

Hudson

Car--,

Motor

Hurd Dock

&

17

v.—-

16% Sep
,

Jan

9 y4

LaSalle Wines

1,137

is

490

71%

250

'63 % May

40

1,385

'23 y4 May

40

7%

' 7Ya

119

6% Aug

10

'Gold Mng Co___

Juneafi

Co

■4%

Mng

-1

'9

13 y*

Sep

1.00

Feb

2.00

Apr

28,200

2l/aC

Apr

6c

Sep

al57%

a!57%

T%

-1

14

Sep

American Radiator & Stand

Feb
Feb

Smelting & Refining Co
American Tel & Tel Co

May

20

May

9

5

5%

1,120

Feb
9% Feb

Apr

3

100

2% May

3%

300

2%'

800

3% Aug
1% Sep

3% July
2% Jan

6%

415

1%

3,105

_•
100

Anaconda
Armour

&

a61%a6T%

River Raisin

1

Va

4%

'4%

6

Aug

75c

1,440

4%

400

May

6% Aug

<•'

4%

1,100

3%

4%

Sep

4

Jun

7% Feb
"

6»/4

-

600
952

3% May
3% Mar VjV,
7y« Jan

921

7%

4

3%

9%

—2
Paper common———5

9%

Tube

12%

'1

B

clasB

Superior Tool <fe Die common,

Bendix

Aviation

—5

Corp

Jan

Borden

Borg-Warner Corp

5% July

Canadian

4% Jan

Case

9y4 Sep

—

12%

12

Jun

10

a30V8

fed

Ry

Shirt Distributors—,

Walker & Company class B
Aircrait

Screw

Caterpillar

*

Co

Tractor

Service

Co_^.

3 y4

100

3%

Sep

4% Feb

common

'3%

320

3%

Jun

4Vb

Commonwealth

1-6%

425

16

May

21

~2%

11%

-625

10

May

14

Jan

16

14% May

16

Aug

1,500

2%

900

2%

2% '

2

Jan

3,550

1% May
a

2% Aug
2% Jan

jan

Angeles Stock Exchange
Friday

Week's

Co—

Edison

Continental Motors Corp—l
Continental

Oil

Co

Zellerbach

Range

Shares

Low

(Par

■:

High

company.

reirmtium

Barker Bros Corp

'

■Low

—

—50
4%% preferred —
1
Sarnhart-Morrow Consolidated-

•Berkey & Gay Furniture Co

1%

Sep

5,700

3%

Jan

24%

25

70

50%

v

5%
OK

18% May
50

Jan

51

55c

80

27

Aug
Jan

55

55

300

9%

10%

8,545

1%

1
2

—

10

—

Blue Diamond Corp

200

5%

1%

800

1% Sep

7%

—

■<•

Co

1

Corp

7%

200

6%

5

Dept Store
Corp—

Broadway

9%

10%

2,052

12%

9Ts

*

1.00

Jap

Preferred

:

—

Corp—

Steel

Coneolidated

com——*
L2Q

Corp

Iron

Fuel (&

•Colorado

Feb
Feb

Jun

10% Hep
'2% Feb

May

b%

Feb

12%

300

it

6%

Jan

13

'Apr

July

,

Industries

Dresser

Electrical
Exeter

/'Farmers

Corp

Co J td

Gdrrett

Merchants

&

Tele

Corp

&

Nat'l

Radio

.

14%

14%

180

17%

17%

Motors Corp

Interlake

Iron

—

Montgomery Ward

Feb

—

■Kaiser-Frazer

580

17%

90

21%

Feb

Pepsi-Cola Corp

13

-Apr

15%

Feb

Pullman

*65c

Sep

2.05

700

9,500

320

10

6%

250

8%
58%

747

28 y4

100

45%

120

105

126

105

12%

52%
26

"

"Lincoln

Petroleum

Jah

239

Lockheed

Aircraft Corp

Mascot Oil Company
.,

,

3,000

'8%

8%

—

Feb

__

Nordoh

Corporation Ltd
Aircraft Inc

Nbrthrop
.

Occidental

13%

13%

Corp—

Oeeahlc Oil Co

For footnotes see page 42.




-

85

Jan

75

60

9%
20c

26c

5%

5%

SVa

30

30

30

500

1.40

1.40

1.40

4,050

1

14%

30

7

125

38% July
12

Jan

26% July

al4%

a

2% May

3%

Jan

17%

Apr

12%

Feb

11

3T0%

140

a5%

25

7

"

Jun

'

'

26

4Va

•

•

Jun

Feb

45% July
•'

'v.-'

;

31% Mar

„

Jun

6V4 Feb

5

37

13

May

20

Feb

591

al7% al7%
35%

May
May

41%

55

h44% a447/8

31%

33

May

3Q%

Feb

75

38)%

13%

209

13%

4

4

320

12 %

&38 V2 a39%

;

3

42%

Jan

Sep

13%

Sep

May

5%

Feb

Sep

"

235

10%

Jun

13%

Jan

a28%a28%

110

28%

Sep

36

Jan

11%

276

17%

Feb

a44%a45%

80

;

9% May

__

a8%

10

al9%al9%

25

a8%

I

46% Aug

43%

Apr

8%

Jun

10%

Feb

19% Aug

25%

Jan

220

51 %

62%

F*b

16

16

150

16

Sep

16%

Sep

14%

T4%

360

12

May

22 %

ItD

a7%
a23%a23%
a25'A a25V4

73

Jun

10%

Feb

55%

—

.

55%

a7%

a23%

7%

A pr

120

24 % May

Peo

50

21% May

27% July

4%

4%

300

4%

22%

22%

111

22%

.50

18

18

587 '

18

a29

25

42%

■

75

Oil

15,900

25

—

a527/8
—

7%

Sep

Feb

30%

Jan

26Va

Feb

•140

9%

14,700
-

70

•

Btudebaker Corp
&

Texas

Rights
Texas Gulf Bulphut Co

May

1.70 July
19
Jan

May

95c

l-2c

Apr

3%

Mar

95c

Sep

Tide

Company

1.4®

Jan
n

Apr

54%

Jan

a25% a25%

110

22% Apr

IIIIIIII25
.25

7.111111—111-1

__

8

195

7% Ma y

10% Feb

26%

685

23 y8 May

30% Feb

37%

•

Warner Bros

Mar

17% Aug

253
152
37

31% May

31 y® May

35

37T2 May

44

73%

171

65% Feb

78% July

13%

150

13%

Sep

15 y4

20%

21

523

16% May

25%

Feb

33%

180

33%

Sep

37%

Jan

__

60% May

33%

30%

Jun

Feb

47

July

Jan

53%

56

2,745

53%

Sep

1%

Ifff

29,943

1A

Sep

*

54 y4

54%

54 y4

140

47%

Apr

—

20%

420

18 y4 May

21% July

Oil

al02%al03%

138

93%

IIIo

20%

—

10

Pictures Inc-^,—

Teleg Co class A_

9%

Feb

Western Union

62%

Feb

a.05

Feb

Westinghouse Electric Corp——
Wooiworth Co (F W)

5
•

-12%
10

A

Sep
Sep

Jan

93%

Sep

27V3 Mar

Jan

22% Sep

Jan

al9% a20%

10

21%

111

17%

a4'4%a457/8

200

43 % May

al3%

a 14

75

13 % May

251/4

150

a27% a277/8
a45% a45%

100

22 % May

30% July

100

44% May

90

21%
a 44

19

2

54y4

25 Va

—

—5

10

53%

y8

Jan

Aug

14

16

37%

a28% a29:i/a

1%

United

Mar

Feb

25%

'

Union

14%

60%

28% July

.25
—

Carbide & Carbon Corp—
Air Lines Inc
United Aircraft Corp
U S Rubber Co

Jan

43% Aug

13%

—

__

—

Water Assoc

Jan

31c

•

Jun

5% Sep

37%

170

—

Sep

30

360

73%

1*

25

Co—

Feb

9%

42 y4

a527/a a53%

a40a40'/8

15

Standard Oil 'Co
Stone

a—

16

-II

Brands Inc—
Standard Oil Co (Ind)_.

(N J).
& Webster Inc—

.

—

Socony-Vacuum Oil Co .
Southern Railway Co—
Standard

Sep

May

8

America

9%

48c

—

Company—

Corp of

Radio

20%

1%

4%

—

Jan

70fc

449

9Vs

1

1,725

Feb
Feb

Jun

._1

*

May

11

200

1%

85

1%

—1.

3 %

i.o® Feb

1,20 Sep

53

1%

—1

—

——

Petroleum

Mar

28%

11%

Aug

12% Aug
20% Feb

29

Pure

Inc

Jan

15%

1,358

1

Inc

24-

82

4

—

Nhtiotaal City Lines,

20

a30

—

—i—

5

535

1.25

—1

Co

a23% a23%

13%

__

._1

Railroad Co—.

Pennsylvania

65c

3,686

20%

T.20

—1
1

—

Menasco Manufacturing
Merchants Petroleum Co

85c 87 %c

20%

1

May

Jan
Feb

110

15% May

——

Jan

10

35%

Co

Car

Motor

Republic Steel Corp-

65 % Mar

13% May

250

Feb

9% Feb

85

82
Jan
11% Sep

,

800

Feb

34.

Jun

17%

Co

24

550

30%

*
■*
—*
—1

.10

Paramount Pictures Inc

10

Mhy

42%

Packard

350
„

7% May

20%

8%

93

11%

a5%

—

Phelps Dodge Corp

Jun

17

1.20

a35% a36%

a29

16% Mar
3t% Feb

5% May

300

44%

305

20%

.

63

Sep

Jan

14%

65c 87%c

17%

;—i

34% Mar

54

23% -Jan

17%

11% Ma?
-14
May

11%

-10c

Corp

34% Mat

30

'

„

20
"

Swift

-Lane-Wells Company

"9% May

25

7

a44%

Oil Company

14%

28 V4

85 c

540

-

Co—

American

North

Ohio

21% May

57%

10c
—1
1

15%

11%

3

„

*.

& Co, Inc

Aviation Inc.

North American

12% May
17% May

20 '/a

—

Aug

&3V/Ba3iya

.

50

—6.66%

Intercoast Petroleum Corp

Sep

51

a29%

a23%

7
*

—

Nash-Kelvinator Corp

2,520

:J*

^Hudson Motor Car Co —
; Hunt Foods Inc feommon

43%

46 % Mar

11%

*

—

26%

.8%

—

40 % May

130

a53%a53%

*

McNeill & Libby_—

Libby

Loew's Inc

17%

6%

A common——*.

15

a50y8 a51%

—

of Canada—*

—

Corp

Kennecott Copper

26

"320

44%

Jan

Corp

Nickel Co

Int'l Tel & Tel Corp

14

—1,

96

12%

Corp—;

Foods

Public Utilities Corp

14

70c

Cladding McBean & Co__—.—
—*.
Goodyear Tire & Rubber Co common^-*
class

61% July

-_2
LTD

Hilton Hotels Corp

■

25

56% Hep

Bk__T0Q

Corp

(The)

Hancock Oil Go

1

19% May

125

'4
1

.

General Motors Corp common
,r

200

17%

class A

Farnsworth

21

59%

90c

Inc

Products

Oil

21

57%

1

vCreaiperies df America, Inc

.

May

Feb

Feb

21

26

.—

78

24

-Apr

57%

—20

Investment

Central

Feb

150

11%

New Work 'Central RR

Oil

Chica

Bolsa

Sep

39%

1

High

1%

5%

50

r

—10

common—

Co.

Electric

International

5%

29%

Sep

53 %

1

A

Graham-Paige

Range Since Jannary

l%
1

Mar

32

a42'/8 a42VB

—5
—1

Corp

General

for Week

of Prices

:*
,25
*

5

(Del)—;

General

Last

Mfg Corp

22

—

a

,1
—1

Vultee Aircraft

Consolidated

General

Sales

Bale Price

STOCKS—

17% Aug

100

Feb

11

11

1

Products

Los

Oil

Mar

15% July
-7% Feb

May

4% May

a30''/a a30 Vb

—*

Commercial Solvents Corp

3%

Class

Basin

4?

10"

756

50

a51%

10

—

& Electric Corp

Columbia Gas

Crown

-ctuiUim

31% May

230

5

80

„

.25

Cttrciss-Wright Corp common-,

Aireon

262

14

a!7al7%

_25

Co

Co

(J I)

16

—1

-5

;

—

Pacific

.15

—

16%

"3%

5
—*
.—-J*
1

Timk en-Detroit Axle

Wayne

34%

Jan

13%

1,030

(The)

Company

Commonwealth & Southern Corp

"Warner

Jan

64% July

a28% a28%

al65/a

-5

Co—

Oil

Barnsdall

3 y4

1

common

7%

7%

—10

ivmuuiacttumg

United

173

US6%a87%

.13

Baldwin Locomotive Works—

Cities

Standard

Jun

13%

—

-3

Apr

150ye

a

1% Fen

j9 '/4

4%

1

Products—:

common

Scotten-Dillop
ou«ner

Feb

5iy2

731

5

—5

—-

_ _——

16%

40

159%

34%

.50

Copper Mining Co.
Co (HI)

Corporation

11% May

50

al3% al3%

San CorpJ*

Amer

«% Feb

3%

4'/a

4%

—*
.1

jt,——

Metal

(HW)

May

Stocks—

21

•

1%

•

2%

—1

Car '

Motor

Chemical

Rickel

A5V8 Bep

180

6c

Bethlehem Steel Corp

Peninsular

4

4%
1.25

5c

25c

G & S

Chollar

200

4%
1.25

—1

Imperial Development Co Ltd

6

-1

7

Mig common
McClanahan Oil common

Park

Bep
f Jan

•

:

Products————.

Screw

Packard

79% Feb

5V2c

10

Cons

3

-2

-

McAieer

•

103% 103%

1N

9% Sep

14%

100

5 Va

8%

8%

;_i

———...

Stamping

Masco

69

36%

—

Mining Stocks—

Awjd

Lahsing

Inc

Lines

Air

69

6% Feb

Toys Jan

250

15

y2

5'/a

._5

Mfg

TLatsef-Frazer common

Feb

24% July
103 % Hep

39%

Jan

6

14

14

'14%

-2%

1—

Manufacturing

Jan

lo

Steel Corp—;
Oil Co

States

Unlisted
Hall

Feb

20%

100

Uelity Michigan Die Casting
Brewing

19%

21%

5% May

9,14-5

—1

12

25
-*
•

Preferred cla-ss A__;

Alaska

Goebel

Fen

12% Sep

9% Feb

•

—_

12

2,424

United

5

Jan

11%

Universal Cons

145

7%

Mar

92% Julv

"

16%

2% Feb

5%

8,445

11%

Corporation

4% Feb
5V« Jan

•5%

Industries

12%

40
47

51% Mar

16%

Western
Gar "Wood

12%

~50c

—

Jun

4

1,000

'964

-2

Inc

1% Aug

300 '

*4%

1%

255

58%

19% Sep

;

2% Sep

1,055
4%

——

—

'35

43%

;57%

12'V4

•
1

Union Oil of California common
Frankdnmuth Brew common

182

37%

43%

57%

_*

^Transcontinental Ac Western Air lnc-5

Textron

Transamerica

—1

Detroit-Michigan Stove —
"Detroit Steel rrodueui commoal.

37%

-25

Jan

27% Apr

,

pfd class A
Pacific Company

80 Calif Gas Co 6%

standard Oil Co of Calif—
Sunray Oil Corp-

al3%
•

„

—„

17%

Jan

59

Feb

18 Va Feb

25% Aug
Feb

\
m

THE

(1284)

COMMERCIAL" & FINANCIAL

CHRONICLE

Monday, September 29, 1947

•

other stock exchanges
RANGE

Stock
Friday
Last
Sale Price

stocks—

\

Par

American Tel St Tel ——i—
Baldwin Locomptive Wks v tc„_,.

'

-

Securities Corp

Bankers

common.:

Budd C.o
■

"

•

American Stores

-100

new

com

——

Low

.*13

17

17%
100

10%

Curtis Publishing

Co———-—,

dels ware Power & Light,

,

112

9

May

15

295

56%

Sep

62% July
12% Feb
24% Jan

9%. 10%
18%

"■i

Mills

8!/a

Jan
Jan

5% Jan
18 % May
17% Sep

7%

Feb

-

Cons Vultee

22%

Jan

1

5% July

9%

19%

24%

28%

29%

Jan

115%

Jan

Cons

Aug

21

Jan

30%

Feb

55

17

May

22 %

July

i'

Preferred

!

*1

;

i,

10

July

49

...

74%

Feb

59%

Sep

65

Jan

Ewa Plantation Co—

3% jan

5

Apr

2%

312

'54%

54%

63

20

21 Va

593

20

21%

21%

50

18

Mar

35

35

50

26%

2%
54%

•

-

Chemical

Co

20%

10

—20

4%

Fe b

Sep

Sep

Galland

Linen Service

Sep

24%

Jan

General

Metals

22

July
37% July

Jun

-

FarnSworth

& Radio

Tele

Alleghany Ludlum Steel———.

33%

Columbia

Gas

Devonian

Oil

&

Electric——.

——«

34

83

15%

25

11%

29

29

State

Corp

1.65 Aug

Sep

62 %

20 v,

Apr

30

29 %

-

Apr

32%

Apr

41

31v,

;

July
'Jan

!

Jan

July

V

1,25

—

a

15%

a

A

Sep

16

Jap
Jap

32

May

32

Jan

July

6

80

Mar

ii-

Aug

23

Jan

38 Va

i

41% July

559

7 Va

,

•'

Ftetr 'i

38

437

32 V, May

8,075

2.30 Aug

233

17% May

,

:

Jan

•

may

60
,

-

1.40 M&y

90

3%

-

t

Sep

,"'3% Sep
•

25% Aug

::

-

■

__

2

a5%

593

a5%

12%

12%

common-

17

1

21%

6%

123

93

39%

3

May
May

Apr

1.20 Aug

500,

38%

21%

~

102
107

1

7%

38%

3%

'■

"

!-t
if

Jan

Jan

220

60

v+i

38%
38%

common—.1

23%
32%
108

1,300 ~

15%

60:
7

—

25%

-41

1.25

al5% al57/a

—

•

17% Feb

11% May

1,707

104% 106 Va

■

70'-' "42%'May

265

1167/a 116%
1.25

1

..,.10

common

■S:

5

,

50

:

May
4% Jan

100

12 V,

9 V,

Feb

;

•T e va- juiy

:
I

-

Sep

15

Jan

Jan

05 y4

Feb

::

May

Ltd

Co

58%

0

:—

21%

58%

734

28%

Feb

V

62 V*

20%

—

,#

20%

400

19

21%

21%

<■

preferred*".—.

120

25%

25%

24'/a

24%

pfd—.—100

4 r/c

94

94%

70

9%

97/a

585

21

22

21
May
24% May

927

—

—

"

23

22

180

;•
s

29

High

32% May
13% May

5

10
24

20

May

100

Feb
Feb

48%

Jun

12 % July
"

•

Inc

Stores

Bros

Hawaiian

R»ng« Since January 1
Low

15%

—•

-10

—■—

Share*.

33%

—

Hale

High

11%

Blaw-Knox Co

30

—

Greyhound Corp

for Week

of Prices
Low

Feb

-63

Jap

56%

;

35%

"

94

Jan

35

Sep

Feb

Jan

Jun

9 Va

July

;'

103% Mar
10% July

r

Sales

Week's
Range

Sale Price

*

Sep

"

General Motors

Golden

57c

^

..^Jarivv

32

'

capital.—. -2%

Corp

*

14%

a37y8a38v8

Golden State Co Ltd common

Pittsburgh Stock Exchange
Par

34%

.—20

-

—

stocks—

25

30%

1

Convertible' 2nd

Last

68

___•

General Paint Corp common
Cumulative preferred

Friday

100

al37/» al4% .'

*'

:

common

54%

2% May
45%

-

-

250

•

a40

44%

•

El Dorado Oil Works

1,431

251

-

1,459

*

al37/a

>

Jan

50% May

4%

••

a23

a40

*

Mfg: Co—

99

2%

j

•

11

7
Sep
24% Apr
50% May

!

Jar.

Mar

8

•,

v

a28%a29%

__2

—

Emporium Capwell Co common—.
Eureka Corp
1

487

Apr

240

Jun

w

583/a

*

,

Doernbecher
Dow

Jan4
Jan

6%

May

6% Mar

a22 %

*._<

Di Giorgio Fruit Corp class a com—'..5
Class b common..,
5
$3 cumulative preferred

46%

100

"400

31

192

/

1.40

*

...

2nd preferred
Cypress Abbey Co

54%

60

7%

•

4 v*

1.40

*.

Corp*.

7% May
41% Mar

10

.

'

Air

93

9

120

a53 Va a54V»

,————25

Chemical Ind class a—

36
.12

58%

—3 %

Commonwealth,Edison

High

Apr

6% May

10

7%

31

—2.50

common.

Low

28%

100

29% July
120

465

59%
4%

—

13%

Westmoreland Coal—..-i,..-.

26%

15

19%

53 %

1

...

316

27% Jan

Jun

!

Chrysler Corp new
Clorox Chemical Co

Jan

28%

9

*_5

United Gas Improvement

23

,

-Feb

27

19%
46%

;

Westmoreland Inc

50

.

Feb

13

28 %

28 %

•

„

4,934

118% 119

•

—

.

-

.2,406

Corp.—*—1.1

common

-

5%

50
:

-

18%
5%

23%

119

3

—,

4496 '
3,282 -

a

19 »
17%

*

Jan

220

7 va

7%

Creameriea ot Amer inc common*—,1
Crown Zellerbach Corp common.,
.5

5%

•

39%

"

——5

>

4%

23 %

100

...

Cott)

Cotton

% Aug

July

65% Feb
-

.
"

Packing Corp common—*
Caterpillar Tractor cto common—> a53%
Central Eureka. Mining Co common__l
1.40

9% May
4% May

May

•

5%

California

75

17

40

.1

56

Jan

51% Jan

950

220

7%

150

135

1,407

'

1,650

7%

220

385

• •

common.

preferred i__.

California

i

31%

5%

1

5%

1

Tacony-Palmyra Bridge—
Class a participating
Corp 6% part pfd—25
$3

i
r

.

Rang* Since January 1'
t

'

-100

10%.

5%

•

common

Paper common

United

Asso.

10,%

10%

Transit Investmt
"

Natl

23%

—

Sun Oil Co——.

California

59

*

preferred
Philco Corp common.:

Oil

of

Calamba Sugar

22%

10

4.4%

Dome

-

Bank

Shares

High

7%

7 v,

1

—

54'/a

-

Salt

47

Sep

Bandini Petroleum

•

30%

r-2.50

57%

—

-

Scott

18%

1,068-

—

•

Imp Diesel Engine*

53%

Pennroad Corp -j.
—,—1
6
V PennsylvanHrPbwei: & Light—' 19%
panncvlvbtila rr
•' so
Pennsylvania rr
150 •
18
PepBoys
—.——1

Reading Co

6% May

565

19%

i

-20

57%

-50

—

preference

Feb

11

3

Lehigh Coal |t Navigation.
Lehigh Valley rr
National bower .& LightJ

$1

Sep

National Bank—,.

54%

10

—

——.

Philadelphia Electric Co

24 %

100

July

59%

•19%

Electric

Gimbel Brothers

r

Atlas

Feb.
Feb

10%

9%

1,,,,;, 43%

Storage Battery.
General Mqtprs Corp

96

8

174%

*

Low

.

Calif

Anglo

Sales
for Week

of Prices

Par

28% July

58%

-2%

f

-

May
149% Jun
16% May

70

-

Range

Sale Price

stocks—

High

23.

Exchange

Week'*

Last

•

Low

1,171

100

Friday

,

.

Range Since January 1

-200

157% 159%

—50

26

'

Shares

25 va

<■

SEPTEMBER

San Francisco Stock
.

High

24 ys

•

157%

>

--T-'

Chrysler Corp

'

'

■

Sales
for Week

of Prices

247/s

ENDING

Exchange

Week's
Range

'

WEEK

FOR

21

0

Pineapple Co

Hudson

Hunt

Motor

Foods

—

3.66%

common

a

22

1.05

——

m

Co

Car

Ipc

21%

1.05

48%

*>

—III

Development

Holly

49%

17%
20 %

—

470 -

a

21

218

320

18 V,

150

20%

1.35

* May
15% May

'

Jan

52

Apr

14

400

■

25% Feb

May

39%

Feb

30

29

Apr

17%
95c

2,100

-

Feb

Sep

July

20V4

Feb

29

Jan

1.45

Feb

;

'

P2
Mining Co
Kaiser-Frazer Corp common..— —1
•
Langendorf Utd Bk class A,—

IXL

Follansbee

Steel

——

10

—...

Fort Pitt

Brewing—.—

Harbison

Walker

Star

Lone

Gas

—..

;

9%

19%

San

Oil & Gas—

United States Glass

Vanadium

Alloys

19 Va

com

tc—

v

6

5%

15%

100
162

-

6

Sep

10%

Jan

25% July
19% Jan

5%

2%

Jan

5%

Aug

7

July

Lockheed Aircraft Corp

12%

Sep

16"%

Jan

Lyons-Magnus class Br

,

Westinghouse »Air Brake——
Westinghouee plectrlc JSoisl,—. —12.50

'

'

34%

200

9%

Feb

Menasco Mfg Co common—,

72

20c

25%

Jun

14%

Feb

43

July

36% July
30 % July

22% May

National Auto Fibres common
Natomas Company
American Oil

North

Utd

Oliver

—,——

,-10

Cons

5%

Co.

Established 1871

York
Louis

Stock

New

York

Exchange

Phone
CEntral
,

Bell

.....

preferred——

1st

Last
i

Service

Public

Paraffine

common—

American Inv common

Range
of Prices

Low

__l

Bank Building & Equipment com
Burkart Mfg common

Co's

common

...

10

Clinton Industries common..

Columbia Brewing common
Electric

Emerson

Falstaff

pfd

Brewing

General

Electrtc

1

common

General Motors common
General

common

Blanke

Service

Electric

«Fcr footnotes

„

.

*

m*

1

145
25

74

75

31

class

common

common

see

21%

356

58%

30%

32

16

%

,1319

.*

■

7

"w32

5

15

,

110

28

44

Feb

139

37%

Jan

53

44

Sen

6% May

10

July,

9

12

Feb

May

141
350

Jun

7

Feb

170

21

Jan

28

Mar

300

15

July

18

Mar

'7 v, 138

Sep

':»j52 '

•4240-'

:-v40>.

'

4%

Jun

~

7...

Sep

32 '■ Sep
13% May
''4<691'v,-. 33
May
4

41%
24

17 %

July

,

Jan

-

May

Mar

13

11

Feb

13

45%

15%

Jan

10

503

15%

220

10%

Jun

15% -Sep
12 Va

400

8

7%

Jun

6

505

5%

Sep

9'%

Feb

39

39'/a

2,549

34%

Jun

42 Va

Jan

39%

40

911

38% May

41% Mar

36%

36%

521

35%

Jan

38 Va

Feb

55

55 Va

605

54

Apr

62%

Feb

8

186

104 104'/a

102 v3

Apr

13%

333

12%

Feb

27

27

150

26% Sep

100

100%

61

13%

*
4

101

181

92

a43 Va a43%

45

69

720

69

Aug

26%
65

Feb

78

108

Apr

Sep

18

Mar

10

14

Sep

a74

a74

30

74

Aug

27%

27%

250

37%

37%

135

al3

al3

10 pesos

Sears, Roebuck & Co capital
Shell Union Oil common.——*
Saundview Pulp Co new common

20

36%
28'

—25

Water Associated

Transatnerica Corp

Jan

21% July
26

Jan

26%

263
269

25 '/a May

40% July
33% July

845

27% Aug

30

307/a May

,

V4 July

20o

?

July

28 V*

160

28 %

Sep

29%

30 Vo

210

29 Va

Jun

32"% July

373/4

71

42%

a22%

43%

90

75

....

-2

Apr

47

Jun

22% Sep

:

15%

Jan

'

1.25

Jun

9% May

Feb

a90c

4

60

3,403

' 20

150

18%,Aug

19%

11%
a

-5

20%

1,280

18 Va May

22

11%

3,480

Jan

5

10% May
14% Jun

15%

16% al6%

16

;

32

11%

-10

Oil

40%.Mar

35

20

40

I

17 Va

57%

Jun

a90c

57%

——

36% July

459

Jun

1.05

Jan

51% Mar

62% July
Feb

July

Sep
Union

>

47

30 3,4

all% all%

Transcontinental Si Western Air.

United

:

July

28% ^

a22% a22%

42%

1

—!——

Super Mold Corp capital-

Jun

May

Feb

17

37 %

37%

*

Standard Oil Co of Cal

Feb

9c

Sep

25%

30 Va

'

—

Spiegel Inc common
Spring Valley Co Ltd——-

22 %

12,200

30%

—

Sperry Corp

16%

15% May
20% May

>625

12c

Jan

Apr
14% May
31
Sep

28%

preferred
preferred

Cai Gas Co pfd ser a
Pacific Co

Tide

23

11c

28

V

Feb

38

Calif Edison—

Southern

So

•
13
5

Jan

27% Sep

'

22%
11c

27% Jan
93

18% May
35% Jan

18%

—10

common-.*-—%--■9

Mining.—

Feb

Sep

50%

100

and w Fine Foods Inc..—

Jan

39% Aug

May

106%

18%

Safeway Stores Inc

129

Feb

21

115

San Mauricio

Feb

28 V,

160

33

common——

;

15% July

106% 106%

32

Corp common

105

Jan

a57% a58%

1

s

Jan

5%

19%

Bros

Feb

27c

150

12

10

Oil

60c

;,

Sep

30c

200

Richfield

Feb

13% Jun
36

10%

314

Oil

Co

Union Sugar

7%

53

12

60

Feb

,

12

-l
—25

Southern

5%

14

1,205

260

4.48%

109

32

1,057

36

157/a

4.32%

109

•

12%

20%

Feb

10

(i

14

Jan

15

6% May

18%

Feb

Aug
Sep

139

12% Apr

157/a

Feb

July

18 %

500

20%

65%
81

16%

Feb

3%

135

18 Va

36%

16 y4

16 v4

■

89%

Aug

27%

5%
27

Sep

40 '/a Mar

14

1
•

Jan

51%

50

38

12%

com—'"

Petroleum Co com
Manufacturing Co,

26% May

400

100

30

Feb

Apr

32

8v4

a—50

18

Jan

10%

Feb

17%

32%

36

—100

39% Mar

113%

May
Sep
Sep

8v1

18

Feb

42

41

'

Apr
May

20 >

11% July

55

10%

5%

Jan

14% May
7% Jan

25

1

s

Feb

4%

11

1

Roos

85

109

28

16%

Apr

High

225

31%

Apr

•

20

13%

Rheem

1

28%

%

109

25

Investment common—

Stix-Baer & Fuller

Wagner

37v4

Jan.

13 Va May

111

110

57%

*

Cement

preferred—

Public

Securities

28

30%

20

common

Portland
1st

28

35%

5

common—

35%

10

4

common

7%

20

___»

Steel

Louis

100

17

113

*

:

15 "Mar

425

17

100

Laclede-Christy common—

Rice-Stix

11
38

113

100

Key common

St

100
v<

10%

•

___*

Knapp-Monarch common

Missouri

Aug

38

1

Hydraulic p Brick pfd

Meyer

10%

10

Huttig s & d common

Gas

Jan

6%

;_5

common

-

Laclede

12%

300

l

l_

Laclede

125

7

•

common

International Shoe

14

5

Griesedieck-Western Brewing

Preferred

Low

100

:

(Un)
(Un)

Shoe

High

17% 47.%'

;__i

Sep

1.25

Republic

Range Since January

7

t_i

Century Electric Co common

Aug
v4 May

29%

38% July

10%

—

100

——rt

Preferred

14

3

12

May

Jan

10%

100
10
*

Rayonier Incorp common.,:

Shares

120

*

—

Preferred

Sales
for Week

Par

1.55

33

33

110

•

Corp common

Pacific Western Oil Corp

sl 593

Exchange

Sale Price

stocks—

100

29%

3

v..

Fee

34 V,

25
25

Railway Equip & Realty Co Ltd

Week's

35%

33% Mar
10% May

--y%

5

common

Pac Tel & Tel common.

7600

Teletype
'
f

Co

Preferred

Friday

100

1.55

Philippine Long Dist Tel Co——p100

St. Louis Stock

100

•

^.5
25

common-—

Elec

&

preferred

1st

Exchange
Chicago Board of Trade
Exchange Associate

Curb

{/o

Pacific

Missouri

Stock

Chicago Stock Exch.,

Co

Gas

Pacific Lighting
$5
dividend

Members
St.

135

3%

•

30c

1st preferred—.—

6%

New

37

13%

29%

—_.t5

Pacific Coast Aggregates..—
Pacific

,

27% May

al2% al2%

—

class b_——-

Filters

Sugar Plantation

Can

Pacific

St. Louis Listed and Unlisted Securities

300 North 4th St., St. Louis 2,

5% May

226

35%

"

—

5,816

3%

j
*■

Pacific American Fisheries common.—5

&

-

9
31

13 V,

Occidental Petroleum
Paauhau

Edward d. Jones

Jun

36%

13%

1

10

70c

Jan

Apr

27 Va May

"

50

27%

Jan

77/a Sep
33% Mar

619

35 Va

27%

Macy (r h) & Co common
—*
Magnavox Co
—
—-——1
Marchant Calculating Machine ——5

10c

"

600

8

—

Feb

79c

31

9
—

*

Morrison Knndsen..

38

34 Va

:

1

Feb

22%

25

77/a

37

Feb

79c

__

10

:
—v—

5

Sep

VA May

17,542

23%

77/a
-

»

115

20c

"23%

10 %

Leslie Salt Co—————

42%

2%

80

9Va

14c

20c

23%

5% May

200

38

8%

—•*

.

650

2%

37%

—

17%

300

550

27 Va

Jan

7% May
19% Apr

1,860

14

5%

2%

1
♦

19%

13%

—.1

Steel-.

"

•

—1

Mining—.:

Toy

9%

24%

5

10

Supply

100

27%

8%

24%

Nat Fireproofing Corp
5
Pittsburgh Brewing common
...*.*
Pittsburgh Plate Glass—
.10
•
Pittsburgh Screw & Bolt Corp..

Shamrock

26%

*

1—40

Mackintosh-Hemphill
Mountain Fuel

27%

1

—

Refractories—

—

141

10%'Jan
34% Mar
18
54

Jan

July

Air

u s Steel

of

21%

20
Apr
18% Aug

244

19

Aug

68%
———10

69%

816

36%

39%

1,350

9%

540

22
,

'

Corp commoiw

Victor Equipment Co common.

300

19%

20

19%

Corp.——

Universal Consolidated OIL,—

702

20

19%

Calif

common

Lines

62

May

24%

Jan

39%

8%

>

Sep

8

Aug

11%

Jan

~

1

24% July
Apr

23%

28 V,
Apr
78 y4 Feb

;

page 42.

'




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Volume 166 -Number 4633 ;,/

THE

& FINANCIAL

COMMERCIAL

CHRONICLE

(1285)

37

OTHER STOCK' EXCHANGES
RANQF

Friday

Week's

Last

Range
of Prices

Shares

Par

,-Walalua Agricultural Co

Yellow Cab

Cb

Unlisted

—

Cement pfd_

American

i>

Factors
Power

—♦

Ltd

capital
Light:

&

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..

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'

Corp

.100

a!57%

Bendix

; ——14

.50

—

Bunker Hill

a857/a

Commonwealth: &

!

69

16% May
77/a May

24%

Feb

2%

Jan

3,784

3%

Apr

5%

32

40%

Jun

40%

Jun

a

,10%

10

15%

15%

a

10%

a44%

_

54%

33

33

33

113

26

Jan

11%

411

"10'/a

Apr

12

;

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a23% a237/a

45
'

3

3

898

317
21

.15

a45%

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Amer„

21% May
2% May

"

"3

a24% a25 Va

a45%

7"'

49

38%

Apr

24 Va

Jun

"

45

835

17% May
12
May

22

a8

a8%

Co

alO

III

curtiss-wright Corp :
Dominguez Oil Co___

j,

Kodak Co-il

50

5%

common.—

Inc

25%
1

_5

2G%

1,225
114

al2 al2%

65

al2

50

•,

Feb

21% Mav

22%

825

23'a

2%

125

17%

47 Va

class

General Electric Cot.

95

25

21% May

a7%

lio

•

16%

Cement-

11

26%

Goodyear Tire & Rubber

745

90

a53yfl a55%

a53%

60

44%

common

44%

common.

45%

3%

32% May
39% Jun

39%

3%

Tel

&

Tel

50

7

60%

Jun

2.80

3% May
36

100

2.80

700

a277/a

28%

5

44

Feb

14

May

35
Sep
16% July

14

Mar

17

--229

37 V\

371/4

___25

stocks—

260

United
{

Last-

preferred
preferred

$2.50

.'

Corp of Del

20

Algoma Steel common

1

1

Petroleum

Preferred

Sep

36 %

Jan

9% May

-17%

Feb

Woolworth

28 Vs
•

•»

Western

Air Lines

Inc

_•

FOB

LISTED

WEEK

ENDING

(F W)

Can

4%

./Argus.Corp Ltd

pfd___

.25

Asbbstos Corp

~-

forWeek
-

Shane

Low

96

July

20

550

20

.-Sep-

104 104%

45

9%

9ya

14% May
17 % May

21%

38 %

857

204 208%

22%

315

27

,192

695

52

52
.7

375

50c

50c

26 y4

27

Jan

51% Aug
6% May

81

26%

Jan
Mar

26 Va

74

7

50c

Pow

&

Pap class A_

350

Righ.tS

.

.

British

•

v

Trac Light &

50c

Jun

Power___^

•

Bank

Note

,

;-,-4%

21%

20%

Ferest

Products

- ■

Silk

Mills___™

21%

-4

Foundries

Dominion

Glass v7%

Feb

106

3%

26%

_•

'

Dry

Dock

Co

Ltd

class

A

41

214

100

20%

Jan

-3%

3%

3,385

8%

Apr

26%

27

825

2%

60

21

29%

29%

8%

20

25% July
2ya Jun

.21

125

20

30

575

28

8%

100

•

8%

Aug
;May
Sep

9%

Feb

2

Jan

Z

;

•

Canada Northern Power Corp—

| f * CUnakia Safeway "Ltd/4% %

18%

18

_*

10

18%

30

•

/30

565

Eddy Raper

5%

23%

3%

5%

Co

10

10

101

20

5

Feb

1

<

8%

Sep

#31%

Sep

11%
101

./'Canada

common...

Wire & Cable class-B___

\y. Canadian Breweriea
f

|; Rights ■

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—

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95
15

•

330

13

22%

22%

22%

22%

23 %c

26c

113,520

Aug

50

Apr

22%

22%
-

17%

19

6,500

,24c

Aug

41

""

Sep
Sep

19c

12 %

12%'

415

12

16%

220

16%

May

'23

%

23

23%

Ffeb

Jan

Shares

Range Since Jansary 1
LOW

32<

'

38.

7

200

:

28 >1

f 30 //

Sep

,17

Mar
July

Jan

Feb

Jun

\

23

Jan.

36

Jan

36% May

12% May

696

13%

37

14 ;>

.

251

;

19

30%

1,02$

,

High

-

14 % May

*

1,935

I81/4

26%

Feb

23

12

27V4

185

25% Jan

30% May

27

850

25% Jan

30

94

,

21 Vat May

Jan

May

225
.

23

Sep

201
.361

23'%

94i%

183% 183%

'92

/ Jan

180

Mar

185

106% May

26

Feb

•loo % Mar
Jun

75

102

July

20

20V4

175

20

Feb

29

30%

2,165

17

Jan

30%

Sep

19%

19%

200

19%

Jun

21

Jan

16%

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50

17%.-, ,17%

17%

4,275

1021% 102%

102V«

:

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Corp—T—-•
u,

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21

15% May

May

18% July

preferred

a.

5

25

17

110

19%

Feb

26

23

19

Jan

110

125

109

Feb

20V4 July
111V2 May

111Va 111'%

25

110

Jan

111% May

4 Va

225

110
__

4»%-

-

Apr

3% May
14%

14%

14%

14%

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105

105

105

65

105

531%

53%

280

100

Goodyear Tire 4% pfd inc 1927
Gypsum Lime & Alabastine—

23

19

-

—*
•

—

16% Aug
July

23

23

*

——-—--•——r-100
100

5%

Jan

Sep

18%

Jan

Apr

108 V2

Feb

53

Jan
Jan

July

14

14

55'/4

14

195

13

May

1R%

26

27

440

24

July

297/a

53

50
—*

•

Howard

$mith
$2 preferred
•

'

f

'
.

(

*

50
'

'

'

"

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'

•

'

53

60

50

Apr

53%

Feb

40'A

Apr

45%

Feb

12%

Jan

15% July
15% Apr

42'/a

385

43
'

Feb

h

'

Imperial Oil: Ltd
*
-Imperial Tobacco- of Canada common_5
6 %
preferred
—£1
Industrial Accep Corp class A_
*
5% preferred
_^___—_100

13%'
'

.

131/2

14 Va

14

14

14%

527

v13%

Jan

7%

—

-

27

43"

•

■

'

/

■v

•'

I

Jan

Aug
Feb

common—:

Hudson Bay Mining & Smelting

Jan
Jun

Paper

•7%

7%

1,340

7%

Apr

4,045

Jun

37

38

397

30%

Jan

,39.1/4

Jun

103%

105

30

103%

Sep

106

27

.

—

8%

37

i03%

——-——

27

116

Jun

28

Feb-

Mar
Intercolonial

Coal

27

Feb

International

Bronze

29c

Sep

6%

preferred

100

common-—

■'*

common

of

...

Canada

24

125

24

355/a

36

50

32%

32Va

33V2

2,202

56%

53%

25

:

____^

Nickel

•

20

23%

Jun

26

Mar
Jan

35%

Apr

38 V2

Jan

32

Sep

37%

Feb

41

May

Feb

59

469

56

Sep
Apr

40

67%

Feb

40

International

5

39

24

24 Va

Aug

42%

Jan

International

Power

Canadian Converters class B

130

24

Jun

,_*

25

12

12

May

International

Utilities

20

12

May

14

Mar

.y

31%

•

13 y2

•> i f

common—:

series
series

Foreign

Canadian Ind
1

'

preferred—

25

$1.75

$1.00.
►

<

13%

27%"27

com

Sep

14%

13%

—

Power

International

16%

12%

13

bAV*

*

Canada

^^__25

<

Investment

Alcohol

class

A

;Clas«> B

Canadian

Cockshutt

*

57

Locomotive

*

Railway

Mining & Smelting
Consumers Glass
!

31

55

30

13%

85

13%

100

11% May
11% Apr

see

page 42.




Jan

International Paper common—;
Petroleum Co Ltd

Apr

24

13 Va

13%
11

24%
13%

155

2,452

11%
84

40

165

84%

1,213

40

40

22%

Apr
11% May

Public

Feb

16 Va

Jan

Lake

16

Jun

Lang & Sons Ltd

Labatt Limited

37

15%

of

the

Bros

(John)

Woods

.

100

57

Sep

12% May

16%

Feb

39

Sep

45

Jan

May

13%

Feb

Jan

141/4

Aug

12%

510

10

13

375

11%

24%

24%

250

23% May

26V2 Mar

33

33

115

33

Sep

36

19%

19%

25

19%

Apr

21%

Feb

15

15%

885

14%

Sep

16 %

Feb

151%

15V4

15%

25%

25V2

26

784

23%

Jan

30

Jnlv

15

16

345

13%

Jun

20

Feb

36

36

2S'0

34%

Jan

40 Va July

•

_*

2,066

12

•

1

9,567

13V4

39%

12%

12%

•

—

5.7

12%
39 Va

12%

IB

Ltd———*

common

.

151/2

.

Jan

Jan
Feb

Sep

14%

Feb

Massey-Harris
McColi-Frontenac Oil

89%

Feb

Mitchell

40

43

Feb

Moison's

Sep

•

Corn

(John A).
Ltd—

78% May

11%

IB
•

Service

38%

Lewis

24

11%

*

31%

13%

25

_5

19%

Jamaica

*

Plow

Consolidated

For footnotes

57

13%

•

Canadian Pacific

:

42

22%

20

''Canadian Celanese

H •'*-

.

13%

37%

27%

20
—1:

—-—<—

Canadian

i

•

13%
42

»
•

Canadian Car & Foundry common

*

13%

50

:

May
May

•

.

IIV- Canada Steamship
] {/ * 5% preferred

7
44

for Week

29%

37%

100

pfd!

A

General Steel'Wares common

Jan

Feb

Jan

8% July

100%

15%

r-^———*

General Bakeries Ltd

.

Jan

130

355

100%

pfd—_100

50

High

15 Va

196

pfd^__

—

class

preferred

5%%

29

23%

Sep
30V4 Jul*

529

18%

18

94

———T

Players

Gatineau

Sep
Jan

32%

May

Apr

25

Sales

Week's
Range
of Prices

29%

*
23%

Foundation CO of Canada^'-:

23% May
*% Feb
29 Vi

I

45%

30%

common

"

Famous
1

-191 vwpebi

17

355

<

1

Sep

7%

6V4 May

a8V2

15%

.

common--'*

—

-preferred

Electrolux

,

'

___i._100

July

5y2

Jan

31

•

.

Dryden Paper •____——'——

-

/ "Canada Cement common.
; >' $1,30 ^preferred

Feb

60c

Jan

Low

Steel——t/J/*
preferred-'-—J20

Chemical

&

Bros, Ltd

52% Mar

Feb

Sep;
Hep
May

Jun

3% May

50

a7%

45 Vk

&

Donnacona Paper 4%%
Donohue

Feb

Feb

-4%

25c

1,190

14

17ya

r*

V/o

July

27%

30%

166 y2

13%" Sep

370

5»/a

23%

18%

25

Tar

-Red preferred
Dominion Textile

Sep

23%

1,495

145

40c

12

Friday

—25

Dominion Steel & Coal class B
Dominion

Voting trust' ctfs

Aug

May

2,653

*

18 Va

-

*

Feb

9Va
>

May

22

.

Jan

708

Sale Price

Dominion'Stores Ltd

,

23% Mar

19

37,593

-

20%

28

t; -Building Prodpcts
Burrard

255

5%

4%*

4

Class B
y Bruck

21%

,166y2.172ya

20%

Co..—*

British Columbia Power Corp class A_*

/

166%

Jan

4%

a8l/2

•-*

Dominion

Jun

26

2%

American

Bniash Columbia

,

--■£»*

_

Brazilian

.

20%
100

i

Sep

4Ve

May

28ya

45%

*

Dominion Bridge—

,

Bathurst

/ Bell Telephone

23 y4

2'/2 May
3

1,200

28

—*

1

Feb

22

43%

,

103% May
9% Se p

10

37

-

647/a July
2is« Sep

Sep
May

.

26

'. Dominion Coal 6c/o 'preferred--

;

27

1

1U Sep
17

MARKETS

SEPTEMBER

<

15

4,936

.

"

High

;

2,435

-50

;;

-SaiwtfBliiee January 1

20

common__-i™

__—

f

-

3 V4

a7%

Par

37

27

-I-—

Warrants
r

pfd____

53 %

a23 % a24 Va

__

10

common

Distillers Seagrams

37

204

Co. of

Anglo Can Tel. Co 4y2%

Jan

5

Last

19%

37

36 Vt

Jun

^

36c

5%

1

STOCKS—

37

20

;

Feb

200"

27/a"

13%

__

36c

1

—

Union Teleg class'A!
1*
Westinghouse Electric Corp com:
12 Va
Willys-Overland - Motors common
il

15%

20

i

24 Va

32

321

3ya

-

1

common-

Feb

High
: 16%

Mar

16% May

-

78% Aug

Jun

July

Sales

of Prices

Low

39% Mar
35

14,625

-2%

.

Range

■

36% July

11,965

2V4
22%

3%

Warner Bros Pictures.

Jan

19%
..

Aluminium Ltd

Aluminum

-

•

56%

1-14

1

Feb

63% Mar

150?

-

22%

——_5

3v2

16%

20
i

^Acadia*Atlantic Sugar A—
•
b% preferred
,100
Aguew-Surpass Shoe: new common..:*

il

-"

Par

.VAbitibI Pdwer> & Paper corn-

$1.50

1

53%

—5

Utah-Idaho Sugar Co

Exckange

Week's

Sale Price h

-

h-

t

53%

--400

-

July

,

34 ya

Jun

28%

50
343
-

Apr

30%

350

337/a

Canadian Fund*

Friday ;

20
...

a28% a28%

33%

8%

Jan

RANGE

•'

25%

252

_25

Feb

CANADIAN

Montreal Stock

Aug
Feb

1,045

Swift

Feb

,5%

May I

2.80

95

11%

a

10%

18%

16

37%

Westerh

Co

40%

14% May

a31% a31%

a3l%

1

International

40% Aug

35

207/a

Feb

50% Aug

250

7

Idaho Maryland Mines Corp
International Nickel Co Canada_

80

,

Feb
Feb

15%

in

39 Va Aug
55 Va Sep

43

175

-

a40Va a40 %

Great Northern Ry non cum pfd
Holly Oil Co

Feb

15%
30%

!

.

20 y4

Westates

Grahara-Palge Motors

10%

Sep

" May

315

16%

!

"

37%

a38 Va a39%

General Food COrp "™_:
L_;
Goodrich (B F)' Co common

23

35

15%

25

Corp__

10%

449

Mar

15%

•

15

Texas Company common—

58

V

28% July

-18%

-•

capital

Jan

7% May

735

-

a40 a40ya

16%

__50

——

250

a8

10%
26%

A—_

common™.

'

37 %

Feb

33% July
427/a Aug

a25 Va a25'/a

common—

Aircraft

26%

25%

_1

United

Jan

lf% Sep
37% May
54% Jan

74%

-

Jan

4'A

670

74%

Co

30%

Sep

470

.25

&

Sep

2%

29%

a77/a

1

Feb

21%

42%

-1

Feb

15

.

-912
-

J

Sep

July

7%

Sep

a52 Va a53%

a53%

6%
20

9% May

28

25

Jan
\

4%

55

18

Standard Oil Co of N J—Z

Sep
July

16

670

42%

<

Studebaker Corp

Feb

27

43%

Sep

Jan

22 V'2

17%

Southern California Gas Co 6% pfd__* *
Standard Brands Inc
i__;—
_•

-Feb

-

6%

10% May

Jun

13

4%

'

—

Portland

Cruz

Bo Car Ed Ltd

:

"

"i'4Va May

4

50

a9%

>

12

100

4%

-33 %o

<—

Sinclair: Oil Corp
Socony-Vacuum Oil

v

467/a Aug
.

Feb

27 Va July

a9%
22%

Feb

Apr

5%

1

Mines———

Cons

22

24

18%

•

V

22% Mar
Feb

Ill

-

.

Jah
Feb

;
.

'

Feb

5%

4%

2.50

19%

22%

70

2.50

Sep
May

10%

18%

•

Airways—-—

Feb

-

32%

r25

-

64

May

a25

__

Feb

7% Mar

Apr

7

a20

10

com

Feb

23c

Jun

24% May
14
May

2

-

-

al97/a

a25

J

Utah

Santa
v

Sep

36%

7% May

820

a433/a a43%

Electric Bond.-de Share Co_J.

t

.

5%

j

Eastman

.

5%

alO

95

•

a23% a23%

v

Publishing

468

-

-

a20

i

.

29% Feb

44 y2

Co

Riverside Cement Co

26% Aug
3% Jan

Jun

14

147/a

.20

—

Motor

Corp of Anierica—
Radio Keith Orpheum —
Republic Steel Corp common™.
Reynolds Tobacco class B___—

July
July

24% May
>

50c

135

21%

a23%

Radio

Jan

39

11%

a23%

._

Southern.-^.™

Co1- of

9%'May
42%. May

11%

—

700

-

Pure Oil Co common—-——

16% July
M4% Feo

602

320

a44% a45%

50

22

*

common—

Portland Cement

Pullman

18% Mar

15% Sep

60
1

10%

May

Co

Pennsylvania >RR Co__.
Pepsi Cola Co
Phelps Dodge Corp

Feb

a4l% a42Va
16%
16%

._

459

57c

Feb

26 Va

May

G'A

49%

25% Feb

Aug

15c

't

91%" Mar

3%

16

55%

__

100

cap

Park

Feb

1,000

150

.14%' >14%

.-

______10

common-

Paramount Pictures common

Feb

16%
38%
"

Oil

Pan American

28

a477/e a47%

Steel

Feb

125

.15

Curtis

7%

"78% May

Co

Packard

134

101

American

Pacific

Jan

210

Consolidated Natural Gas 'Co
Continental Oil CO (Del)—V...

'

96y2

Sep

8,000

7%

alG'/a al6%

■

1

Olaa Sugar Co

25% July

1%

Aviation

Ohio

15% Mar

*

608

21c

50c

_•

RR capital——

American

Northern Pacific Railway

Fen

May
May

100

Central

17 Va

44 y4 July
•

Va Aug

55%

•

Y

19

17%

.

5

<-—

S

N

Aug

41%

May

230

___

49

17

3%

Jun

20c

20C

pfd ._10

8%

High

Sep

43%

'

•

7%

i<—1

_____

Cement

North

al_.

13

l'/a

41

-418

..

20

17%

17%

cons

North

>

25% July
4% May

9

200

a85% a87%

Consolidated Edison Co of ,N Y__

5

10

3%

Ginger Ale——
Canadian Pacific Railway

'

...

___

28 % May
31 y2 May

M

&

Portland

National Distillers Prod.

62% Aug

13

Cities Service Co commot—_•

v

a__

125

l'/a

&

Nash-Kelvinator Corp

174% Feb

17

Canada Dry

Columbia Ga3 & Elect
Commercial Solvents

<»;

75

*

8ullivan___i__.

/ .Chesapeake & Ohio RR~

Feb

a30% n30%

:_

...

&

Feb

610

..

-

•Borden Co

Feb

17

M.l\

20

Navigation Co
M

J

Mountain City Copper

16%

13%

common..

Corp;
;
Oay Furniture Co__

Berk6y &

;

302

1,014

4%

Low

125

-—

35

a80% a82%
a23% a 23%

47/a

—

Range Since January 1

High

a42% a43%
a43% a457/a

Montgomery Ward & Co—™_

a—

___

11% May
53% May
151
May

160

13%

Shares

Low
a42%

—

Matson

May

26% May
9V2 May

15

280

•4%

Bethlehem Steel common.—
Blair & Co Inc
capital—

■

100

44

13%

67c

Apr

a__

497

a343/a a35 '/a

a81%

»_

62c

-

.

for Week

Aug

10%

a

44

a34%

*

Locomotive-

*

Jan

13 %

365

a49 Va a49%

44

Aviation

-

34'/a

Apr

Monolith

al57%al59'/2

;

...

Baltimore & Ohio HR

•Sep

9

100

13%'
a593/a a62%

Mining

Manufacturing

Baldwin

23

Kennecott Copper Corp
Loew's Inc

.

13%

™.

■

Atlas

"

100

9Q

alO%

San

Armour & Co (111)
__t
Atchison Topeka <Sc Santa Fe
Avco

I

OQ

Refining..

Viscose Corp

Copper

330

200

-

a28 Va a29%

' 29

American Woolen Co Gom___

Anaconda

'.

63c

S

Amer

r

12Va

63c

2«2% May

Sales

Range

Par

Johns-Manville Corp——

Feb
Jan

37%

M

American Smeltingj &
American Tel & Tel Co

■

12%

' "

27% Jun

♦

5

23%

__

1

1

American Radiator & Std

?

23%

Week's
of Prices

Sale Price

High

LOW
-250

-

296%.296%

.23%

__10

Friday
'Last

STOCKS—

Range Since January 1

High
35%-

Securities-

Air Reduction Co

American

-1.

.

.^1

common

Yosemite Portland

__

-100

West Indies Sugar common,-,-..!
,

Low

35%

r

--<20

Wells Fargo Bank &

SEPTEMBER 2G

Sales
for Week

Sale Price

STOCKS—

WEEK ENDING

FOR

(Robert)
Breweries

36

1,043

14% May

21%

Feb

u-jf

38

COMMERCIAL

THE

(1286)

& FINANCIAL CHRONICLE

CANADIAN
RANGE

Friday

Week's

Last

Par
Montreal

Cottons

High

LOW

12%

12%

337

40%

—25

Week's

Last

40%

50

40

Aug

Low

15%

430

15

Sep

Motor Co of "Canada class A—

Ford

Feb

14

for Week
Shares

High

12% Mar

Sales

Range

STOCKS—

Range Since January l
*

12%

—

26

Friday

Shares

15

common.

MARKETS

SEPTEMBER

for Week

of Prices
•Low

.

ENDING

Sales

Range

SmiePrlM

STOCKS*

LISTED

WEEK

FOR

Monday, September 29, 1947

Fraser

41% May

Range Sbtee January 1
Low

High

High
May

20

fclL*

20

65

20

Jan

23

50%

49%

50%

1,084

42

rMay

55

Feb

18

Companies

17%

18

3,054

13% May

•18

Sep

—

44%

45

252

44%

47%

Jun

•

Montreal

Locomotive

Works

Lakes

Great

Feb

22%

A

Class

'Montreal

Murphy

—40

Telegraph

Montreal

50

preferred

50

13

49%

Jun

.51

31

Jan

40

Jan

Hendershot

23

150

24

Jan

Horner

Ltd

new

cor

ft1

-

50% July

33

.22%

22%

50

33

100

Tramways
Paint Co —

Paper Co

21

May

Paper (Products.
(Frank W) class A

Ltd

«

National Steel Car Dorp
Wire Weaving

22»/4

"~~e

Naranda Mine* Ltd

1%

Car

Lt

Ht

794

22

22%

580

23%

25

43

43%

-27%

27%

27%

42

,21%
23

26%
53

Jan

29

Jan

Rwys

&

189

_•*

•

old—.

Power

189

203

7%

8%

8%

4,685

Jan

190

Ltd

8%

•4% May

t80

10

75

July

85

25

15

Feb

18

May

30

66

130

33

Feb

25

65

Mar

18%

.18%

19

1,220

16

jran

37

36 V*

37%

220

34

Jan

•

•12%

12%

12%

.750

10 y4 May

15

1,966

50% May
100% Mar

•

60

59

60%

preferred
Corporation common

Mount

Royal

101

101

30

103

Feb

6%

14

150

13%

Sep

17

Jan

19

18%

19

166

18

Aug

20%

Jan

12%

12%

12%

50

12

Sep

17

104

*

104
19

1,715

Apr

106
19

30% May

48

5

32

July

35

St Lawrence Paper >G% pfd
100
Shawinigan Water & Power com
:*
Series A 4% preferred
.50
•Sherwin
Williams
of
Canada
pom
■•■•

135

134

136

265

116

Jan

137

21%

22

1,444

49%

49%

400

28%

29

465

25

Jun

175

175

45

170

Jan

14

.

flicks Breweries

common

Press

14 y2

13%

14
104

5

>•

17%

17%

140

Co

1% .preferred

*

v'.

Cotton

preferred

12% -Apr

Service

17%

United

18

90

76

July

82

May

115

79

July

89

180 y8

Sep

100

18%

Mar

7%

9%

Sep

8%

325

10

7% May

77

77

24%

24%

25

25

35

26%

27

250

21%

35

16%

335

13

Jan

35

35%

105

35

May

27

92

Arno Mines Ltd

Beatrice

Red -Lake

Beaulieu

Yellowknife

Bob's

Sep

31

Feb

Brazil

20% May

23

22

26%

26%

27

596

25 %

35

35%

903

34

Apr
July

28

35

39

22%

23

2,105

22

Apr

25

Week's

Gold

Range

May

Low

.*

B

n

*

common—*

Ltd
Ltd

Low

<8%

9%

220

n

ny4

1,135

e

100

9

9%

•8

1.50

2,500

23

23

Jan

9

24%

*

A

13%

13%
6
62

260

5%

5,518

61%

5

4Y8

100

91%

91%

93

14%

14

14%

285

•

20%

21

183

110

111

100

13

13

25

97%

97%

5

14%

'

:*

Claude Neon

Co

A

*
*

Consolidated

Div

common

Standard

Sec

"-Consolidated

Textile

Mills

pfd

David

&

Frere

Limitee

class

Steel

Products

Ltd—

43

Mines

Ltd-

67
.

9%

8%

e

16c

12 %c

Jun

30c

Jan

22c

11,800

14c

Sep

44c

Jan

5c

Jun

15c
89c

Sep
Sep

25 V4 c

Sep

43c

14c

10c

43c

Ltd

16,500

48c

4,700

14c 25 %c

20c

137,500

-

27%c Jun
5c

Sep

11c

Mine

11c

500

6c

July

11c

3c

Corp.

Gold

H

j
•

•

3c

2,000

2c

Sep

7c

;

(

J

Sep

Jan,

j

i

86c

87c

1,500

86c

Sep

87c

Sep

j

6c

6%c

2,000

4c

July

8c

Sep

j

20c

Mines

21c

3,500

15c

Apr

28c

Sep

10,000

13o

Aug

44c

Feb

19,000

9c

Aug

32c

Jan

,

Ltd-

■

Jan.

14%

20%
109

13

Jan

15c

33

j

97% Sep

185

3%

3y2

128

3

May

104

104

1

100

tJun

2

16

10

26%

75

25

33

100

26

9

38

6

6

135

39c

Jan

1

24%

735

25

Sep

• |

18%

Jan

!

Sep
Sep

;

4.65

Jan

Gold

Sol

336

30c

114

49

828

9

17%

17%

17%

75

80c

80c

90c

1,625

56c

Sep

Aug

92c

Feb

|

'5c

Apr

97/ac

Feb

1.1

80c

May

Jun

Apr
May

j

1.15

1,100

33c

39c

43,900

18c

May

45c

Sep

30c

30c

2,000

25c

July

95e

Feb

15,500

.

Gold

May

14
"

'

Feb

9 %c

Jun

4c

500

2c

Mar

5c

5 V2 c

6 %c

11,500

5c

May

13c

Jan

47c

48c

3,500

33c

May

90c

Jan

4c
6c

J&",

8.50 May

Feb

Jan

70c

July

10c

lie

12,000

1.60

1.65

2,700

1.35 Aug

3.55

Feb

2.85

2.75

2.95

1,975

2.27 July

4.80

Jan

£'.25

8.00

8.25

500

1.09

,1.05

lJlO

12,950

1.02 Jun

1.20

1.45

iv

---g
—s

—

137/8

500

10c

M
-SK.

150

75c

1.45

1.50

650

1.35 May

2.05

11c

4,000

2.35

600

t

,

Ltd-

13

15%

75c

16

16

^

4|g'*"

Ltd——

100

15%

75c

2.30

J%;

;

Ltd__

Mines

,

■

10c

Mines Ltd,

;

16

Feb

I61/4

Jun

1.28

7%c Jun

Feb

Feb

22c

-

8.00 May,

5c

Aug

16 V4

10

July

•

1.82 May

Janr "

Feb
Jan

12c

Jan

2.65

Jan

,

Feb

Ltd

Mines

18c

18c

1,000

Mm:'

87c

87c

5,000

10 c

2,500

"

-

7c

—

ft ¥97c

May

21c

Feb

10c

Sep

23c

Jan

8c

May
Sep

27c

87c
9c

1,000

■' llc

Co Ltd—1

Mining

1,500

11c

Ltd-—MMjr 10%c

—

•Pen-Rey Gold Mines Ltd
Perron -Gold Mines Ltd—:
Gold

10c 10% c
Tic

TOc

Cadallic -Gold Mines

Paramaque

110 Sep

3%

28c

July

Ltd.

Aug

4%

May

5c

Mines Ltd.

Gold Mines Ltd

(Pandora

Feb

190

10c

500

Apr

15

May

-

Jan

1.23

Jan

18c

Fjpb

'•

Feb
Feb

30%

Feb

36 %

Quebec Manganese

Apr

M;:

;

^Quebec .rYellowknife Gold
Red

Gold Mines

Crest

—

73c

41,800

58c

Aug

73c

Sep

10c 11 %c

•10,700

10c

Sep

25c

Mar

8c

1,300

5c

Jun

9c

Jan

19c

71c

'73c

Mines Ltd-^gt? ;s

Ltd-:.—

8c

8c

55c

Jun

12c

May

60c

100

40c

May

3.10

5,400

50c

50c

1,200

17 c.

-1—

Mines

Ltd—-.

,34V2c Feb
60c

Aug

5<35

2.10 Jan

Feb

Sep

55

Sherritt-Gordon

6,500

•60c
2.90

5(

Mines

.Senator-Rouyn Ltd

5% July

•

Siscoe

50c

Gold Mines Ltd

48c

67 %c

Aug

8c

Soma-Duvernay Gold Mines Ltd
Mines 1944 Ltd

17
19%

Jan

10% Mar

July

18%

Feb

Vinray Malartic

Sep

2%

Apr

Westville Mines

8c

1,000

7c

Sep

19c

60 %c

66c

7,108

50c

May

Apr

2.15

2.10

2.20

2,800

70c

39

39

25

36%

Apr

38%

38%

5% July
42 % May

75

36

18

18%

2,450

4% Mar

;1

(Sullivan Cons Mines Ltd—

Oil

>—

35c

7%c

—

5%c

—

^Calgary

&

Feb

Consol

20

Feb

8% May

12

Jan

O'Kalty

75

1,275

2

Sep

15

Fleet Mfg & Aircraft

50

•

May

650

2

May

3% May
61

47/8

Jan

Feb

5,000

Sep

5c

'

Ja,n

•4i%c- Sep

Aug

20c

July

14c

4%c Aug

Feb

Homestead

J

Oils

2.50

200

17c

71,500

12c

Sep

6lc

Jun

54c

2,500

40c

May

75c

Jan

63c

2,000

60c

Co Ltd—

Co Ltd

^—

7c-

12c

51;000

9c

Sep

7c

7%c

7,000

7c

Sep

17%

17%

30

14%

Jan

2.35 July

Sep

9c

—

Exploration

Royalite Oil

1.90 May

2.65 July

12c

Ltd—

60c

Oils

Omnitrans

JPacalta

Oil Co

•

53c

Gaspe Oil Ventures Ltd

51

53,500

6c

2.50

Edmonton 'Corp Ltd

40

9%

2,000

7%c

•

35c

Jan

Stocks—

Apr

2%

35c

7c

5%c

2 80

1.70 Mav

•

14% May

51

*' Jan

78c

Thurbois

17

—

8c

62c

Feb

14% May
8% Jan

Sep

,

Sep

500

6c

6c

1 /•;.

Mines

Normetal Mining Corp Ltd
,O'Brien

12%

12c

6c

,

Lake Mines Ltd-,—

Mines

375

12c

4L

Ltd

Mines

Gold

12c 12V4c

1.99 May

,

-

3%

j

'

6c

43;;

Mining Corp of-Canada
Nechi Cons Dredging

16% Feb

5%

25

Feb

19c

1.00

Ltd

Consolidated

Macdonald

Jun

5%

2%

Mines

Malartic Gold Mines Ltd

Stadacona

50

25c

2.60 Aug

July

5c

Louvicourt Goldfields

Jun

5

2

4,500

109,300

39c

Lake Gold Mines Ltd..
Gold

Santiago

6,858

42c

26 %c 30 %c

Lingside Gold Mines

Sep

6

55c

9

Jan

28c

Ltd

Addison Gold Mines Ltd

6

52%

15

Apr

7,500
55,300

j

2.74 May

!

3.50

Gold

Lake

1.60

Aug

1.39

1j10

Sep

5

173/4,

Mines

-

3.25

Gold Mines Ltd

Shore

Feb

50

2

May

Jan

Kerr

3%

50c

2ya

19c

28c

Lingman Lake Gold Mines Ltd

154%

5

9%

2,125

47c

Lake

Mar

52%

18%

24c

Aug

Sep

Feb

2% Aug

*

*

J

May

July

Feb

25

1.75 May
10
Sep

33

15

jj

Sep

11c

12c

Pitt

26%

17%

Feb
Jan

8c
21c

15,000

35c

Jan

99 %

Mar

2,500
ibo

17%

'!

60c

25c

8,500
20,700

8c

1.05

Feb

15 %

Sep

24

23/4

*

16%c Apr

9c

21c 23V2c

74c

(Hugh

Feb

112%

Jan

146

•

a&d

Mines Ltd

9 %C.

6,500

Hudson-Rand

23% May

Jun

July

2

—

Hollinger Consolidated; Gold

,

5% July
94% July

May

2%




«

Sep

10c

Mines Ltd

Goldvue Mines Ltd

Jun

64

2% May

9%

page 42.

Jan

3.00

13%

May

1

For footnotes see

Feb

26c

4,500

Jan

14

142

*

12%

*'

16

21

•

Limited—

7c

Aug

4,100

God's

Feb

27

5

Aircraft

Aug

14c

20c

Found

Mar

Sep

Fanny Farmer Candy Shops Inc

Fairchlld

Gold

Formaque Gold Mines Ltd

7

T3% May
5% Sep

262

20

B

-,3c

1,500
•f~ 500

14C

Ltd.

1,500

39c

Joliet-Quebec

230

2%

'Dominion Oilcloth & Linoleum Co Ltd-*
'Dominion Square Corp
*
'Donnacona Paper Co Ltd
•
'Eastern

H.

com—*

5% cumulative preferred—
Cub Aircraft Corp Ltd

31%c Feb

Jun

11,000

16c

.1,12

Jack

23

142

,*

Ltd

15 %c

19c

4%c

17c

Jan

189

2%

com

Paper Com Ltd

•

Jan

36c

Feb

100
Ltd

2%

,

4c

24%

17

10
.,,

<■

—

'Consolidated

17c
.

Mines Ltd

25

14%

2

Ltd

Alcohols

1.00 May

24c

Feb

22

100

General Advert Ltd

Preferred

'Commercial

—

*

common

preferred—

Knitting

II
_I

100

—-

Canadian Western Lumber Co_
^Celtic

Sep

1,000

16c

Apr

187%

22

com—*

-Canadian Power & Paper Inv com
5%
cumulative preferred—

cum

14 %

100

class

Feb

14

1.00

13 %c

Norseman

97%

:•

common

preferred

Ltd

21

16c

r

20%

100

pfd

'Canadian Food Products 4%%
pfd—100
Canadian Gen Investments Ltd
_.*

7%

-

*

Products

Feb

Mar

60

Yellowknife

J-M

23%

630

I

Vinegars Ltd

Silk

30%

17

150

,9c

21

375

1

-

Vickers

,

May

29% Sep

370

18

13%

p

& Diamond

15%

151

5%

24%

62

common.

Ltd

Jan

43c

11% Sep

29%

14c

El

12%

12 % Mar

680

i*

Pulp & Paper com_:*

Trust

Jan

,

11% Mar

Sep

1.30 Aug

50

23%

:*

Ltd

______

Industries

July
Sept

123

Apr

18

-

Explorations Ltd
-Counter Mining Go Ltd

High

9% Aug
5% Sep

350

•1.45

100

————

Canada ft Dominion Sugar
Northern Power 1%

24c

13%

Consol Central Cadillac Gold Mines..

Range Since January 1

High

5 y2

—

:*

Canada

116

29%

Mines Ltd

Eldona

210

Canadian

15,776

15
12 %

Feb

C
"

Donalda Mines Ltd..—„—

Shares

16

Canadian

19

43c

10%

;!'

9% Aug

Apr

12 % May

;

preferred

Cortez

for Week

of Prices

16

preferred

119

42c

pfd

Century Mining Corp Ltd

Sales

:5

5%

5

Jan

Dulama

45

Inter; Inv

50

119

4

625

12

May

Duvay Gold Mines Ltd—
East Sullivan Mines

13

Canadian

8%
13%

Colomac

.Jan

12%

79c

30

Cheskirk

Jan

22%

.*

Canadian

14 % May

19

Jan

Butterfly Hosiery Co Ltd

.

12% Sep

765

Cartler-Malartlc Gold Mines Ltd

Feb

23

:*

Canada

100

26

1.00

Gold Mines

Lake

Canadian Malartic

Feb

Sep

Brand ■•& Millen Ltd A

Preferred

'

Sep

'

17% Mar
38

21% Mar

Brandram-Henderson

Company

61

Jan

12%

Ltd

B

i

112% Jan

Apr

55

Mar

26%

.10

class

107%

75

Jan

Sept

22

Limited

Mines

Feb

19%

-Ltd

Packers

,.

;•

14c

Feb

435

Sale Price

i

5

110

59%

22
33

12%

—1—

Jan

805

Limited—

Columbia

32% Aug

Mining

37

Heva

Brown

6%

class

81

20

Par

British

Inv

26

21%

Last

Columbia

Apr
y4 Mar

14

May

'

Corp class A
Corporations class B

Apr

19%

STOCKS—

Class B

112

11

13% May

12

Co

.Sep

72

'

■

Pr

Invest

21% May

21%

Friday

Co

108% May

39

8%

Fuel

Aubelle

CanadlanFunda

Oil

Aug

400

13%

Canada

Ashley .Gold

Montreal Curb Market

British American

Jan

21

May

25

Stores.

25

150

—J.0

Vancouver

10%

Sep

9

20%

150

110

Amusement

Dome

of

Apr

Feb

19%

—10

Hosiery

Mar

33

59 %

Alger Gold Mines Ltd
r-

Jun

190

21%

_

■&

Sep

74
17

Jan

Mining Stocks—

Sep
Feb

•

class

21%

l53^May
65'/2 May

10a/8

13%

Western Grain Co "Ltd

Jan

16

10

Products

Jan

33

33

United

18% May

Apr

.—10

Commerce

I

Feb

14%

14

pfd—J

red

Centremaque Gold Mines

Royal

Jan

Aug

13%

pfd

United

Jun

Banks—

British

Feb

104

7%

T4

Industries

Soutbmont

15
July
14% July
105%

Jan

16%

Works

125

110% 110%

C

Southern

Apr

325

80

N

Rands

30% Mar
175

12% Mar
104

77

35%

& Co

Jun

Sep

12

40

15

Bonville Gold Mines Ltd

Montreal

3,505

21%
71%

Ltd—.

Russell

21%

Noya Scotia

168

20%

Sarnia Bridge Co Ltd—

—

"Canadienne

13

160

Sep

24%

___• •

.i*

Bright

Sep

5 %

200

Quebec Pulp & Paper 1%

Sep

76

180% 180 %

._*'

Worts—II"

10
50

97/a

Band-Ore Gold Mines

Weston (George) .com

Dis

19%

Feb

31%

Sep

102
5 >/8

20%

Jan

18

80

80

*

&

102

143/4
21

May

93/4

50%

7%

8%

Ltd

Brewers

28

20%

26%

Sep

76

100

■,

Grocers

Glove

50

13

of Can .6%
1st pfd—
part 2nd pfd—
Purity Flour Mills Co Ltd common.

July

7%

7%

28

,

7%

Gooderham &

Belgium

Jun

May

28 3/4

Corp

6%

Sep

18

•

_•

Corp

Steels

46

,11

Ltd

49%

305

104

•

Canada Power—
Standard Chemical oommon
Steel Co of Canada common

Fabrics

14% July

Jan

common

21% Aug

415

*

100

;

preferred-—

Southern

Tobacco

29

ioo

—_

Voting trust ctfs
■Simpson Ltd 414 %

Atlas

Jun

40

15

Manufacturing 7%

Power

Sep

104

753

preferred

Mills

Enterprises
Orange Crush Ltd

Feb

9% May

40

17 y2

19

48

Auto

11

332

102

preferred

Paton

33

Glove

400

41

Jan

100

..

Rice

Nuclear

33

Acme

12%

5y8

Ltd

Nova Scotia Lt & Pr

13%

46%

Western

-Jan

71%

Feb

33

Walker

9

193/4

'

Corporation

47%

Steel

Mar

157

Royal Hotel Co Ltd

„*

United

8

240

pfd

Mount

50

Wabasso

May

6

12%

common.

Moore

*

common

4%
Ltd

39% Aug

13%

Class A preferredSt Lawrence Flour Mills

Tuckett

•90

283/4

pfd

preferred

0

—100

Transport

SagUenay Power 4%%

•Boutham

11

Apr

l93/4

Minnesota ft Ontario Paper Co_

67% Julv

-

Distilleries

Melchers

Jan

19%

m

—1

-

Quebec Power

7%

Apr

79

Jan

71

27% July

•

:
—

Price Bros ft Go Ltd common
4%
preferred —:
:

St 'Lawrence

41

41

conv

McColl-Frontenac Oil

Feb

16%

29%

*

common

'Development

Holland Paper

'Paper

Massey-Harris 6%%

Sep

80

*

Powell River COh
Power Corp of Canada

(Provincial

12%

Jun'

10

Sep

180

16%

xri

16 y2

...*

common.

Page-Bersey Tubes
Placer

•12%

11% Aug

10% AUg

5

•

Maple Leaf Milling Co Ltd
Maritime Teleg & Tel common—

42

,395

8

50
125
'

w

Aug

MacLaren

26% Aug

600

8

ft-:
■Wi,

Power Ac

82

12

common.

Jan

6%
Penmans

Ltd

Lowney Co Ltd (Walter M)

Feb

26

Sep
July

Investment Foundation

May

48

Apr

11

10%

Sep

-

Electric

Ottawa

45%

23%

100

Aircraft-.

Ottawa

44%

43

_•

common

(preferred

Ottawa

23%

rT

Niagara

•Ogilvie Flour Mills

45%

*

common

11

w—

10%

J

l|

10 y4
82

ral*.'
j

Inter-City Baking Co Ltd
National Breweries

■

,

-

.

24c

July

15c

Jun

20%

Jun

i

Volume 166

Number 4633

THE

COMMERCIAL & FINANCIAL

CHRONICLE

I

(1287)

.<♦

CANADIAN

5

RANGE

LISTED

WEEK

FOR

ENDING

MARKETS

SEPTEMBER

26

—-^

Toronto Stock

Exchange

Canadian Funds

Friday
STOCKS—
Par

"•

$2.50 preferred

new

common

Yellowknife

:

Steel

—*

Anglo Canadian Oil
Anglo-Huronian
Anglo Rouyn Mines
Cons

Aug
Sep

26c

Jun

12c

May

32o

Feb

235

100

37%

21,050

5,800

—T

L.

97c

50

_——:_1

„

190

3,500

60c

3,500

„1

Aug

2,500

Arjon Gold Mines

43c
6c

May

i

9,500

—1

Hardware class A

Mining

-

Feb

—1

30c
1.03

Mar

16%

13'/a

100

6c

May

27c

8c

May

23 %c

5,480

11c

May

38c

Feb

Atlas

3,125

9

Aug
May

12%

Feb

35c

Feb

8V4c Jun

39e

20c

76c

Jan

11c

25,500

Aumaque Gold Mines
Gold
1
Electric

Class A
Auto

Bags mac

Bank

Montreal.

of

Jan

Baihurst Power class A

Aug

39%

Jun

40

23c

Beaulieu

Yellowknife

Belleterre

Quebec

Bell

Telephone
Rights '

:

__l

Bidgood Kfrkland Gold

.

common

1

—

66ip

60c

23%fe

Bobjo Mines Ltd

liY#: -

•

Brand & Millen class A

10%
1.4b

:

10%

Brewers & Distillers
Red

Latte

Oil

———1
*

——

British

Columbia, Eiec

British

Columbia

2.1

pref—100

10c

24%.

British

Columbia

Power class

class

B-

A-

_•

—•

Broulan Porcupine

__1

Buffadison GoldAnkerite

Buffalo

Canadian

Buffalo Red

Building
Bunker

Mines-—

Lake Mines-

Products

&

Burrard

——-i„

Linen

%fe

15 c

*

4 % %,

Red

_^____-__l

-»

4c

36c

l

lake

2.90

Preferred

ill"—-____£—*

-———

—

Canada Foundries class A

Ca,nada

Packers

class

20

—i-*

;——

Feb

Jun

27c

Aug

48 % c

Feb

13,100

80c

A

2,500

983

12

110

12

152

156

156

159
94c

2,930

22

15

21c

21c

335

12

250

15%^?

4,400

12c

100

29

Aug
May

.20

.^I-

:

113%';|

.13 %

2.30
^

4c

2.60 ™

8,800

3AM

.r,7-i|

18%

Sep

24c

.'

'

5:
Aug
101% Aug

15
50

69

729

-L

•

Aug

Feb
Jan

16% May
2.70 July
17%c Feb
"73c

2.90 Jan

200

•

'

Sep

33c
32

.

Jan

2,850

5%|

'■

4c

4,533

34c 39

2.90:

1.70 Jan,

8,762

-Vftfa-

Sep

9

Sep

;

•

16

8% Sep

Jun

3.50 Feb

6%
105

Jun

Apr-

1

75

Mar

16% May
30

15

7%.

*

Sep

31% July
26% May

20

6% Sep

,_50

Canada Wire & Cable class B

6
e

Commerce.

10

Breweries

250
16

16

198

200

13%

67

41

22%

8%

21%:

24c

—

preferred

:

*

__20
*

20

41

22%
8%
21%

91

22%

75

Sjjra

206

22i

22'%

5,237

24c 25 Vac

324

22%
20

227/b

25




430

Apr

8

Feb

.1

*

Tar

&

Malartic

Federal

Sep

Federal

17

8

13

13

56%

29

29 %

22 %

Sep

20c v Sep
20
Jun

May

29c
2b

25

Sep

225

29% Jan

20

Apr

26

Jan

Apr
Sep
Jan

Apr

9%

40

13%

489

12% May

18

Feb

22%

125

20

27

Mar

23%

115

23

12%

12 %

12%

670

1.01

1.15

71,500

64c

May

33c

40c

240,500

17c

-May

70c

75c

5,900

70c

Sep

17 %c

22c

34,200

11c

July

35%

S8c

12,000

c

11

26% May
15
Feb
1.62
90c
1.58

Jan
Jun
Jan

28%c Sep

26 %c Mar

57c

Jan

7c

8c

5,000

Jan

12 %c

Jun

1.91

2.07

8,800

1.50 May

2.45

Feb

3.25

3.55

16,200

2.70 May

4.75

Jan

11%

Jan

5c

9%

10

170

8% May

14%

15

75

14 % May

15% Aug

19%

19%

19%

Sep

21

60c;

Aug
May

115

81c

06c

27,087

1.15

1.13

1.32

313,300

39c

39C

47c

52,800

17

18%

175

17

28c

*

Sep

17

Sep

25%

Jan

4

4

18

4.45

63,316

3.95

4.10

4,185

17%

17%

760

16

51

51

51%

202

49 %

5

4%

95

7c

7%c

8%

*

common
—

5

95

8%

^

125
10

4,500*
10

4"

Sep

3.90

5.50

Feb

5c

7

12

50

,2%

1,365

20

20

20%

940

19%

17

17

500

12c

2.50

2.45

2.55

4,400

19

19

19

107

100

109%

110

110

100

lliy4 1111/4

30

*

class
——

*
"

Sep

19%

11%
2

Sep

Feb

67

Aug
May

4% May
95

2

—

Jan

4.45

12

—

7%

Sep

1.96 July

2

——

Feb

60c

3.95

7c

Jan

Apr

3.95

1

1.36

2.60 Aug

20c

4

.A

preferred
5%%
preferred

Sep
May

3.40

1

common

May

7c

—1100

Power

Feb

1.95

common

Exploration

Feb
Jan

13

17%

of

4%
45

23

4.10

Ford

Jun

Aug

35 %c

—

Mfg & Aircraft

5%

56%
33%

22

9%

Fleet

Gatineau

15

Sep
Aug
May

13%

Sep
Jan

Feb

22%

Machine

Gold

Sep

11

17 %c

—-

Kirkland

Frobisher

Jan
Jan

70c

*

—

Mines

Canada

1.34

25%
29%

34c

*

pfd__—23 V2

Players

Francoeur

.26-% 'May

13

100

Mar

23% Feb

•

Feb

Jan

54

41

7%

Feb

10

1.70 Jan
98c

1.03

Chemical

Preferred

23 %

Feb

Sep

27

41

25

——

Apr
..May

10

7

Fanny Farmer Candy Shops

.-place

Feb

85c

75c

265

3

Corp

Fittings Ltd

Feb

10
v

81c

Grain

26c

Sep

550

Falconbridge Nickel

200

18

360

English Electric class A

Mar

8%

7%

Mines

12% Sep

2.44

Apr

8'%

Mar

'

Jan

2b

56%
29

Eddy Paper class

188

18

430

3%

Kldona Gold Min
El Bol Gold Mines

Eureka

32,800
1,560

7%

Eastern .Steel

Easy Washing

Jan

7% Aug

Aug

24%
27%

3%

East Sullivan Mines-

Elder

1.07

23%

Mar

14

s

July

27%

1

common

East Amphi Mines
East Crest Oil
East

1.14

24%

50

—

Duquesne Mining Co
Duvay Gold Mines

Apr

19

70c

44c

Jan

21

; 19%

87c

'

50

Donalda Mines
Dulama Gold Mines Ltd

18

49% Mar

May
Aug
May

8,400
65,350

*

—

Dominion Woollens

40

Sep

14

,1.10

Apr

31

•

common

Preferred

12

41

j.

1.02

—

—

Wominion Magnesium
Dominion Scottish Invest

July

-

May

May

50c

70c

»

common

Dominion Foundry & Steel

36% July

20

i

preferred

Famous

§1

20

1st

Jun

62

36c
30c

8c

46c

10

—

Class B

,25
.

For footnotes see
page 42.

505

Dominion Fabrics

8% Jun

84

12%

•

Dominion Dairies

16

.

200

198

22%

__i

Canadian Canners common
1st preferred

52

430
16

!

—

23% Jan

24% Jun

35

18,750
11,000
10,000

1.25

•
—

Dominion

Apr

,10c

820

Bank

2%

.

Sep

79c

Dome Mines Ltd

Mar

tefim Feb

1,60 May

65c

.

.1.50 Jan
45

h

10

70c

,

■J

July
Sep

50

'50C

.

Jan

3,500

18%

Diversified Mining....

70c

Jan

55c

1.85

69c

Dominion

12c

38c

''

Sep

17%

*

.

Feb

4

27

18

Fee

Jan

9c

July
Aug

90

70c

Jan

12%

9%C

28

1.49

23% Mar

10

,

1

50c

7%c Feb

1.71

4,000'

2

common

32 y«

29

90c

..

Feb

Apr

174%. Jan

69c
May
397/a May

145

JL7.500

L02

Sep

Jun

10

8,700

,

1

May

Sep

,90c
42%

80C

1.71

Dominion Steel & Coal cl B
Dominion Stores

July
May7

20c
25c

16c 201/2 c

27%

Feb

4c

78c

42%

10

35c

11

90c
18c

2,000

Aug

13

Jan

-3,800

Feb

89%

Apr

16%

Sep

1 61c
;! 34c

Aug

26c
-

-

Fek

1.05

.

Sep
Jan

21

Sep

85c

24c

25c

class

1

Jan

1.56

12 %c

140

87c
22

B

1

Feb

2.00

Sep
78% May

12

_1

51c
35c

Sep

800

42,850

84%

80C

1

23c

24c

16c

84

1

Mines—

Feb

Jan

23c

Aircraft

Nickel

65c

12 %c

.1

Feb

23c

4,600

14c

.100
Gold

Feb

■

60

87c

24c

1

1^5

May

18

80c

84%

1

4.75

28

500

13%

oi

17%

7c

Feb

15

1.10 May
17% Jan

*

common

May

15c

"

5,800

":4«ff

V

:

Bank

Box

2.50 Apr

300

-

n1 iv-.>

•

Convertible

Feb

Jan

3%
30c

70

*

,

loo

Rights

9

29%

Jan

;2f

♦

:

Preferred

Ce^adlan

Jan

103% Sep
4% Fdb

-

«

Power

Class B-

o*n»oian

27

Sep
Sep

5 % Sep
25% July

10

Northern

2,400

Distillers Seagrams

Apr

15c

2pc':

,

103 y, 103%
71'

_l_____i__i_50

common

Canada Machinery
Canada Malting, ——
Canada

''32c

Sep

22

5%
i100

_

preferred-

1.30

87c

Coal

Leather

May
Aug

1.27

100

Patricia

30c

Feb

Jun

3.45

Sep

1.40 May

*

Mining

Nest

11.

4,400

Discovery Yellowknife

Feb

50

15c

2.4p

common

Canada Cement

/

50c

2.10 May

235

2,200
101,900

80c

5

Gas

Paper

5,400

Jan

30

'

11c

•

Press class A

Dickenson Red Lake

Jan

17

275

30

__1

preferredB-

3:15

13%

'

Class

24

8%

»

.—

Bread

Feb

2.00

1

Detta Red Lake
Dexter Red Lake Mines

May

500

1.2jT

C

29

64,400

27

*>
__

—^

13c

1.80

Exploration

Denison

Jan

July

33fc

24c

3%

Sep

15%

■i

Caimont Oils

2,600

8%c

Delnite Mines

Jan

2

29%

1

27

1

preferred

preferred

Campbell

135

16c I8V2C

18 '/a
i'

Cub

13 Va Mar

SVa May

75

11%

*

Ll?t

17c

2.85

.11%

Jan

4.30

Apr
Sep

2.70

35c 35 %c

Jan

33c

May
May

20

1.90

2

& Smelting

ll7/s

2.20

5c

•

Mining

25c

79'/a c Jan

14 %c

115

31,500

1.30

Homestead Oil

Sep
May

Jan

8%c

Cadillac

39 %c

Jan

30

-35c

5

Mines

Crowshore

75c

7%c

11

Beattie

Jan

i

61c

15c

Bakeries

2.20

Aug

2.70

1

1.45 Mar

.

>

2.60 May

5%C

•_!

Willans Gold—

J

8%c Sep
21c

Jan

Apr

3.00 Feb

„

July
13 %C Aug
7
Sep
30c May

556

Pec

July

26%

13c

1.50

1.60

Feb

15%
105

29

Central

Crow's

Feb

May

9c

925

3.05

____—*

Calgary & Edmonton
Cgllinan Flin Flon.

Canada

6 '•

1.16
.

Feb

Jan

10%c Feb
17c

33c

18% Feb
106
•

29

5%C

_

Jan

44c

3.30

30c

Bep

Sep

1.60

Croinor Pershing Mines.

$r

2%

33c

A--*

-

A

Calder-Bousquet
2nd

20

25,725

27.% *
'

4c
A_

r

class

Caldwell

•.

—*

class

—

3.10

30C

Smelt-

Crestaurum Mines

*

Co

&

Sep

15% Feb

150

23%

26

24 c

26%

100%

2%

29%

Hill

Class B

18

__l

Burlington Stee]
Burns

•

325

500

•

3.05-

Gold

3.10

_1

Mines

Class

May

<145

•l.ll

Buffalo

58,300
1,947
4,100

.1

.

Yellowknile

Cournor

^ug

14

1.25 Aug

3,580

10% <5

5%

%
17%!c
33b

10

1,975

26%

31c

14%

Aug
Aug
May

3% ;>-:3%-

2

Qfll—

Dominion,

Oils

Corrugated

Jan

23% 24%
100% ,102%

100%

*

Class B
British

390
950

"22-

•'

Packers

5c

16;

9c

..

Columbia

6c

26%

yr
i6

•

Forest

British

1,000

my

26 %

21%

5

Mines

British American

8%C 10 %C

9c

.

Jan

90c

May
2.00 May
1.10 May
1.50 May

2,100

22c

Jau

Jan

37%

24.

185

41c

I

Malartic

Conwest

•

i;£o"

1.40

Brantford

Cordage preferred _.——25
Brazilian Traction Light & Pwr com—*

26c

'

ft

Bralorne Mines Ltd

Brewis

8

40c

Lake

Davis

14c

1,716

-

7e

:

6c

—

i

,

1.35
..

Jun

16,000

33c

Gold

'

-10

3,300

-1

GoldfMines

Mar

11% Sep

1

Bonetal Gold

,,

8

Sep

20y4

Aug

-16c

25%ci

23c

*
•

Boycon Pershing

Min

Consumers

Feb

5

17% Jan

*

__t

Blue Ribbon Corp common—-

Bonville

18c

40c

...

Sep

16

May

101

Jun

15%
lb-%

Sep
July

26%

200

21c

*

:_1

i—

370

36c

Mines

Consolidated

Sep

191

25

l

''

11% May

401,400
60,500

Consolidated

9.75 Mar

166% Sep
47/a Sep

5

1

Consolidated

jun

89c

50

31c 39 %C

Consolidated

Mar

42

6.75 July

100

Bertram & Sons class A__
Bevcourt Gold
Biltmore Hats

Aug
26%c May

<28

„1

Consolidated

Feb

91c

104

102

24%

—_il

Canada

!

May

36

1
JL.

of

60c

_<1

;

13

15

27

1

.

i

.

100

1,958

100

Consolidated

Jun

23%

19% J un

Exploration It Radium
Beatty Bros

14%

13%

28

Coniaurum Mines

Jan

•7%e Jan

—_*

Bear

13

5,350

Coniagas

Jan

35

60 %c

1.60

Colomac

Aug

33

10

Mining-

6,225

1.26

Coin

10

-

Toronto

Metals

85c

13 »/a

Cockshutt Plow

Sep

19c

22%

2.40

Cochenour

May

8c
Sep
25% Jan

10

Nova Scotia

of

Base

7

34c

11%

1.55

Citralam

9% Sep

Mar

11%

110

Circle Bar Knitting

5% Aug

16c

1

_.

360
.150

•24

1.26

Chromium

1

—

13%
13 y*

105% 105%

•

Chimo Gold Mines

Apr

Jun

8% July
5 % Sep

'

„

Consolidated

of

4%

6.20

Sep
May
May
Aug
May

2.40

Coastal

Jun

3.90 May

*

.—J—*

class B

Mines

Bankfield

Bank

common.,!

—

Fabric

Bank

__1

15%

1.57

Chesterville Mines

1

_

Aunor
Auto

100

,

lie

Feb

2,500

Aubelle Mines Ltd

1

15%

1

Cheskirk

Jan

Atlas Steel

Feb

100

1

Chateau-Gai Wines
Chemical Research

Sep

14,450

Yellowknife

A

J

Porcupine
Centremaque Gold

Jan

176,200

Astoria Quebec
Athona Mines

class

Jan

20

Sep

102

-*

Jan

13

60

May

105%

Wirebound

15%

Jun

80c

25

Gold

10

97 V*

24

100

Feb

Feb

16

13%

———•

43

30

•

10

13%

——-—*

—

common

Central

Jan

41c

151/4

.13%

Sep

May
May

60
•

Central Patricia Gold Mines

13 %c Jan

10%cMav

27,300

10

-.1
A—•

39%
18

Sep
Feb

67% Feb

305

17

97%

Castle-Trethewey

1

Armistice

16%

97%

14

Cariboo

Sep

70c

May

3,000

,_1

14 c

16%

97%

*

Canadian

0.85 Aug
1.30 Feb

6%c Jan

11%

Canadian Utilities preferred

~

—

22%

11

5!/e preferred
Canadian Pacific .Railway
Tire Corp

July

Jun

55

22

*

Canadian

Mar

Jam

8.45

May

105

16

19%

Sep

55

11

*

Canadian Oil Cos

Feb

19c

16

85

-100

Class B

1.90 Jan

9%c Aug

255

40

22

—

—

Canadian -Locomotive

Aug
July

2l3

100

1

A

Canadian Malartlc

—

Resources

Gold

1.50 Jan

360

17
59

1

High

11% May

16

:•

common

Canadian .Ice Machine class A
Canadian Industrial Alcohol com

Sep

10c

_•

Mines

Ashley

9%

560

1,300

Porcupine

Asndown

3% Sep
90c

42,140

%p

Class

55

*

Preferred

Low

16

57

Dredge

Canadian Food Products

£3% Mar
107
Feb

103% Jun

140

Canadian

•

common

American Yellowknife

Feb

Range Since January

High

39%

—25

——

Jun

000

_i
16

25

22

43%

Shares

12%

20

-

for Week

Low
16

—

-l

Celanese common—
Preferred
;

21% Feb

17% May
36% July
19% Sep

-

A

Sales

RsiifAk

Canadian

1

High

14%M»|

25

_i

Ll

Aluminum »ol Canada 4%;
pfd—
Amalgamated Larder Mines

Area

1,-895
1;605

__

,,

—1

comnxm

Aluminium -Ltd

Apex

1(

20)

37

:

'

—1

-a

Pacific Cons

Aquarius

15%
19%

■'■11'

Range SIiim January
Low

*

Alger Gold Mines
Algoma

Shares

Class

Htih

____100

■

Agnew-Sucpass
Akaitcho

A

•;

of Prices

.

Low

- '

16 %•
19%

i•

j

Canadian Car common

220

Preferred

Alberta

,20

--^----20

Acadia-Atlantic class

•*

•

Sales
for Week

Week's
of Prioes

-

Sale Price
Par

Range

Sale Price

r

AbitHol Power At Paper common
il,S0 preferred ■jzli

Last,

STOCKS—

.jjF

Weekjfc

East

Friday
♦

Jan

9%
134
*

Jan
May

lie

Feb

Feb

10

Mar

Sep

13%

May

Feb

Aug

5

Feb

Jan

23

May

May

38c

Feb

2.05 May

3.25

Jan

16%

20

Aug

Apr

1091/4 July
109% May

111% Mav

111% May

39

40

COMMERCIAL & FINANCIAL

THE

(1288)

■s"

Week's

Friday
Last

STOCKS—

1

Bale Price

j

Par

Preferred
Giant

—

Lake

Range Since January 1
High
"LOW

High

15

105

.100

:

—

Gold Mines.

l

1

—

6.25
19c

105

•

18c 22%c

23c

God s

Lake

Goldale

4c

42c

98c

120,800
51,400

—

Golden Arrow Mines

Golden Manltou

Goidhawk

Goldora

Feb
Aug
Mar

32c

Aug

23c

Mines

Tire
preferred

;

1,900

16C

68,000

West

Coal

35c

34c

40c

:Jan
Jam

*■
•

45

Hamilton

Bridge

*.

11—♦

Gold "Mines

1

2

.1.

—1

:

14c

10c

lie

8,000

78c

80c

5,800

,

....

8c

8c

8c

10c

10c
1.09

2,000
3,200

33c

79c

,

*

1

1.05

10c
1.05

33c

29c

,■»

Qil
Homer Yellowknife

11%

1

11%

12

3.75

3:90

1

10c

—1

30c

30c

33c

—1.

33c

33c

35c

Hqwey Gold
Hudson Bay Mining & Smelting
Hugh: Malartlc
Hunts Ltd-class A—j..

•

*

—_

•

__i.

£1

42 Va

,

5Vac

43 %
5y2c

5c

'•

13

^100

Imperial Bank.—
——10
Imperial. Oil —^
Imperial Tobacco of Canada ordinary_5
Preferred.

43

.1

—

common—..

21,000

9V'2ClOVic

'

40

26

26

13%

14%

14%'

14%

7%

-

Milton

55% Sept
5% Mar

Indian

Lake

Inglis &

Gold.

Co

57c

Inspiration-Mining

class, A_-

Preferred

——1

111—i2l—1—*

———

50c

.

;

• •

10c

Jan>

47/aC Mar

_i

International Nickel-.; Co ;jcomipon
:•
32%
'International ^rol^m^^iliL^i/12%
International Uranium.-

'1-.—^
1.
Island;M»untalh^Mtoe&.iw—-i—ii50c

;

Jacknife Cold

"

—•

.——_—

Jack

Waite Mining..
Jason-Mines

Jan

12

Joburke
Jotiet

Mines

Mines Ltd

Publish

Kayrand

Mining

j——

Kerr-Addison
Klrkland

———uU-—

45c

18c

1

'

Dufault

-,6c

15c

33c

32c

35c

40c

__

45c

.15%

16
22c

16Va

70c

-' -

2.12

Calumet

Marlon

v

Newnorth

>

Nib

'

Feb

45%

!

13c, Jan

30

—

Oil

Le^indin. Gold

5gc

59c

65c

5V2C

5V4C

7Vac

i5c

i3c

8% Mar

i6c

."

87c

■

•

•

■

3.05

.

.

.

29c

'31c

Feb

42c

Class B

1

6%c

Lbuvlcourt Goldfields

,

Lynward. Gold Mines-

^

1.21

1

33% Aug' -

16%

Feb

nc

-

,,

15o

9c

55c

,

1.64

'

——1 1

——J—r

—1
—1

1,800

27c

10,220

17

17

*

46c

1.05

Page

25c

July
Sep

81c

.—

86c
,15c

26

Jan

28

^
f.

3.50
,

25c,

lOc
.'

2.75 ,.l3c^

58c

-

"

3.00

*

fl3cl3%c./

.!

7e

Sep

May

1,500

4c

2.55 Mar

Sep

30c

July

12%c Jan

22o

1.40

l;40

38C

4c

4c

1.49,

Jan

1
1

.

;—1

•

2.20

•

—

—

-»—■«.—.

1.25

4.50
22

13c

Sep

50c

May

'

Jan

May,

Quebec

<

Jan

*

'

Jan

i

16c-May
9o .July

•

Sep

i

*

Aug

Jun
Aor

Jun

9a,

.

'

10c

Jan

6

•

-

11c

Feb

.

27c

65c

May

54,800

-8

23

-

Feb

lft%c FCb
70c

-

"

Feb,:

H.26 Jan
81c

45c

May
4% Feb

915

•

25%c July

,

July

Aug
4$lc July

.

'
■

Jan

19c

20c

14,700

7c

,

May..

9c

»

4,600

73c

7c

7c

1.77 Apr
2.35 July

.

May

13

55

3,500

.

-

Jan

60

2.67 Feb

-

Jun

-

40c

26,400

13%

.

1.80 May46c

.

,

2,500

1.17. '1.31

,

4,500-

:

21,000.

10qll%C
,24c

I

9,725

r

7c

7%

' 7c

•

9%C

S^j
Sep

8

29%

:

Mines.i

30

1.65

1.80

9c

*

85c

10c

1.72
10c

lie

'

■

-

3,000

•

6c

9c

87C

91c

4,600

86c

9c

1,000

7c

2.60

4,972

2.50

2.50

—1

3-®5

3.85

3.95

25c
50c

25c

26c

48c

55c

37
91c

36%

1
100

--

—.———•

r

l

*

—

Manitou -Mines:—*

——*1

91c

800

75c

45c.. Jun

55c

100

71c

Jan

66

66

23

49 V»

Jan

11

11

450

2.15

2.25

15%
7V4C

15%
7%c

12%

•

67c
100

>

12%

67e

1.67 Feb

1.60 Feb
66

9% May

Sep

13% Mar

-

19C

20c

-

7c

40

5,232

60c

24c

67,800

18c

Sqp

..

:

20c

.

-

.

Roxana

34^

1.20^Jan

July
:

.i

———1 •
Mines
—.-1
Oils Co a———L.—i.——•

Rupinuni : Mines;

J

Jan;

Jan

I

—u:

Russell:.IndustriesJtsommon;

,

5
5
I

•

-

25

-

——

27c

commobu.—1—18%
preferred!--^-—i—t—.———
5d • 47%
?

750

2,200
4,500

34c
: 13
18%

■

-<13,
1

"•

38

120;

70
..

303,200

Jan

\

jlPqb- ;
58c; Fftb.f)
1.03'Jan I;

'•25'..-jab';

Sep

^

Jan

■

45c

32 Vi May

117

Apr

3.25 May(

Juti

38c

Sep'
11% Apr
9'A Jan

-

;Mqr» I.-

12c

30c
"

'r^eb£jf

10% May.

Aug

16c

,

14

May

x4%

.

230

}17%

4.00- 4.20

4.00

■f ■

47

134 :.134

14

*

15C

47crj'eb.v3

Aug:
22% Apr-

590

•17%

"-i

:

_

30c

-23

-

Jun

67/a Apr
Oc May

4,500

:i2%

30c

j.—1 '

j.—;

-

63,566.

17%

30C

,

•

32C

16c 18%c

:

18%c

—-1

■

35c

.

33C

-22%

22

11

1,000

8c

8c

28C
,

33c,

■

S%

-

"

Jan

'

,

80qf Fqb)r

July

32 Va

£0

--

28c

16

:A,
,St Lawrence Paper preferred.^-.-—10U
San Aiitonio Gold Mines: Ltd-L__i.i-i_l
.

.

-

450

:

4.85 Jan ~

7c
*

12,800
-

11%

11%

11 k

8%

Royalite Oil.
I—I—
Roybar Chibougamau —

34

■

com

,—...x—-16

29c
•

-

I JO Aug
21% -Jan'i

'

Aug

23c

8,500

14c

.

27C
-

Rouyn Merger iGold

I'

il%C

--

2<c

(1936)

Jani

14% May: :

-

64c-May
13% May

-

2.135

-

Sep

11% Aug

:

1,600
-

2.45

15% Aug

12%

105

1,000

15 Va

15

1.32 May
Feb

10,220
,

68c

■

97e' 1.07

*

^15

;

Gold-

Little

-

Sep

39 Va Aug

May.

1.00

f

,

4.40 May

May

90C

Feb

Feb

3.30 Feb

33% Jan

560

37

17c

May.

27c

Jan.,

1.31

,

11 ;

————'——*

25c

1.00

:

29c;

Sep
July

2.30 May
3.25 May

4,966
51,400

Jun

670

7V4C Aug

.

1,130

—.1————~1
—
1

-

23 %c Jan

Aug

80,700

——.—1

Mines

1.89 Sep
Feb

20c

July

9,000
30,970

•
^

33% Jan

May

42c

lie
51c

,

Feb

.

1^1 July

Jan

1.18 May

33,600

Jun

.

65o

Aug
•

27% July

440

16c 19% c

■

1

Reef Gold

84c

.

86c

11c
47c
17c

.

—j————---—-1

Royal Bank' —t—t...

28c

,39c: Feb

700

9o

-7

45c

9c

3,300

-

15c

5V4C May

11,000
J

lie

85c

9%c

"

Roche Long Lac 1——

»

4.20 Mar

3.05 May

5c

3%

Feb,

85c

Jan

.

Feb-

•4Ro

May

24c

350

66c
t

:13%
,

St Lawrence Corp

2.25 July
lie Aug

56c"

4,000
•

76c

.

60p
,6%C

.

1<21
-65c

;

——1

Metals

Robinson

39a
'

4%

70c.

'„-"'24c ;

—II—■-———'

Ftlchmac Gold

■

3.60- Feb
'

40

8,700

.

:2.2a ;'2.35

•

10c

,

—'.l—73c
—1
Riverside Silk class A———*
Robinson Cotton Mills—

Reno

!

31% Jan

1.35-Aug

3,400

4,500

16c

'•
-

1.32, Marj

..

May

.

2.06 Jatr

-

-

-

..

•

1

33% Jan ;

Jun

7c

'

1.32 May

27,000

<

6c.6c

13%' '■

•

Queenston Gold Mines —i-—
Quemont Mining——

2.40 Feb

-Jun

44c

33c

Jan

May

34c ♦ Jan-;

145 May

Sep

6Qc

9a

>

,

4— 1

j

Jan

16c

.

10c 11 %c

4%,

—1
—.1

:

Jan

9c

6,000

32c

70c
60c

Jan

83c

3V»cMay

20c

■

25c

Jan

54

Aug
July'

3,000
4,500

60c

—

2.10

1,25 Jun
42

104,800

1.56

33c
6c

r

.

Preston East Dome——-—
*—1
2,2°
Proprietary Mines ——:
—15/2
PUrdy Mica Mines
:—
Purity Flour Mills common..——10
^

,

Sep

26%

Jan

Jan

5c

17C

.

Sep

lvc

50c
.

1.49,

10c

70c

13c

325

1,500

'

Feb

9%c Jan

May

6c

500

43%

Jun

Jun

10c
63c

7c

Jan

65c

5%cMay

3,400

43%

,

—_—

Pressed

2,500

28*

10c
.

1.45
1

Aug p
Aug

50c

'173,350

70C

43%

45c

1—:

Mines" (1940)-i

Gold

Vtc

28c

,

4c

75c

6V2C-

i—,—*

Powell Rouyn Gold

Sep

7,500^

5,500

11,500
18,900

5%c

9%c

—,——l

Powell River

23c

3,600
5,500

6c

37c.

56c

;

1
1

—

Porcupine Peninsular,

Jan

16%

2.80 Aug

12,750
r

3.55

3.45

2.75

25c

lie,*

1.82 May

80c
'

6V2C

Fcr footnotes see page 42.




100

9,625

30c

5

Cadillac

Porcupine

Feb

33c
.

19%-Sep

438

,

Jan
Jun

28

5%C

——•

Pickle Crqw Gold
Pioneer Gold

4,500

1.75

13

2.15

1.40 Jan

27% • 28%

.

26% Feb

27

1

40c

Sep

76c

—1

—

Premier Trust

Sep

400

730

10
July
17%cMay

250

22

5c

—*.„l
—

Piccadjlly Porcupine

7.50 Aug
61c

1,612

445a

Jan.

19% Jan

230

34c

■

—i—

Hershey Tubes

Perron

26% Mar

35c
4c

39,000

Jan

37c'

May
May

2,000

1.95

f.l

lnca Gold—^.—

Paramaque

Aug

1.16 Jun

^

25c

May

15c

23

76c

*

•

Paymaster Cons Mines——.—.L——~i
Pen-ReyGoltf Mines——1
—*

,

,

Sep

55c * Sep

30V2

14c

17

80

12

1

Pamour Porcupine,Mines Ltd——-—>

Jan

2.25

Sep

29%

Feb

74% July
27% Aug

22c

.

1

Mining,

Pandora

Jan

39c

*

22%

22

2.05

Pacific (Eastern)f Gold———^——1
Pacific Petroleums
——
——1

.

Feb

87c. v
1.70 *

.

12

„

Jan

12c

Feb

19C

•
10

——.1

16% Jun

Feb

1.60

.

Mines

—

:

'Placaita Oils

,

July

17c

lie

Feb

8V4 Sep
72c

26% May

15c

OmtlAJce Mtn«&v —.—*.—*■——.—1
Car —^

Jan

57c

.

4V2C

27c

300

26%
27c

Oidso. •Red>Lake,.^i.Aii*—--i—1
Osisko: Lake Iffiries.——_.t..l~

Jan
Mar

10c

8,000

15%

May

15c

Orange Crush

i

21%

1.27

65

24c

12

—

Grenada Gold-

<

.Feb, "

3.40 May

17,500

15

15c

—1
^

Omnitrans Exploration

i

Feb"

55c

4c May
16% Aug

r

43c

Jan

10,50 Jan

-

Jan

50

72

.25c

Omega Gold——

4

Jan '

2V4C May

.52c

3%

Sep

7%

Apr

,

14 %c Jun

Jan

19c

.

3,000

45c:

2

165

-

72

•

class A

CMtalta Oils

;

1.68 Jan

11,700
370

1.65

30%

25c,

Macfie,Red.Lake

15%

71V4
26%

Norzone

t

Jan

90c

3c

75c ;

1.65

•

*

1

Macassa

15

July

5VaC Apr

Sep
Sep

-_1

0*BitoD,.Gkvld:Mines.——a—

1

•-75c,

,

Lynx Yellowknife Gold^—..———•

MacDonald Mine?

2,300

15

Yellowknife

.t

"

7%c

23c

28 %

—

45c

OgamarRockland

1

18 %

1.20

__

1

.——

43c

19

12% July

30

-

i

•»

37% r Jan"'

17%

3c

—

208^ Ffeh

7.90 May

25

—

i

-•

104%. Jan

-

6V2C

17%

——*

—

2,310

8

North Star Oil common—--a-*

,

Little Long Lac Gold Mines Ltd.
LpMftw Groceterias class A.—

8.20
13 Va

8

—

Gold

Northland

'

I

Mar

23

-

16 V4

8.00

'

Apr

May
Apr
13c
Sep
13% Jan

6,100

Feb

62cFeb

ll%cMay

•

100

Northern: Can Mines.—i-_-—-_—60c

-

10c

2,000

1,000

2

"North

j

-

,

Jan

85c

May

1,100

20

7V2C

May

2

)

Apr

11

July
1.33 Jan

2,950

3.05

7C

30c

300

■;

common

Norseman. Mines,

-

Jan

24c
-10 Va

50c

8>0oo
-

90c.

19%

/_
29c

1

21,500

•

19 >/4

—1

—

.38q

July

67% Sep
94c

47%c May

38,300

Normetal

'•

-

31

2,200

13,700
6,700

15 .15%

Lingmah Lake Gold Mines.————1

33c

Nbrpick Gold Mines ———————1
»

Jan

•

24c

14c

85,100

—50c

—

6,500

9c

*

12% Mar

15

1

Leitch Gold mines, Ltd
Lencourt Gold

62c

16%

J

15% Mar

Jun

3,525

—3

—

58c

:

3Gc

'

Apr

15% July

'

Mar

40c

25

10c

30V4 July
104 %

Jan

1

Norbenite- Malartlc Mines
Norgold Mines i
•.

!

,

13% Sep
115

May

12,300

Jan

9% Mar

Apr

54

13

Mines

Regcourt: Gold

Candy

101

1,310

"

25

21c

13c

—,—1

Larder_"U" Mines.

10

67

7c

j

Noranda Mines

6%c Aug

29,200

6.85

21c

Feb
July

23% Jan

102

—

Nipissing Mines

Jan

18,725

Aug
8% Jun

180

25%

102

-

Gold-——.

Feb

,

Jan

6.25

He

__

JlS6
Leduc-West

25%

———*

Nicholson Mines

Jun

3,470

9

66%

8.10
common

Bidlamaque

New

47c

95c

6.25

1

_1

Lapaska Mines—

25

20
11

32.

Jun

„_<•

—

New

Feb

16%

4

—♦
——

8

16 Va

—

Sep

60c

20c

•

Sons

125

'

Hosiery

15c

May
Sep

20c

1

Lapa Cadillac Gold

10

21% Feb

'

17%: Jart

13c 13%c

Long Lac

64c

July

24,350

75c

1.99

;

..

——1

La Luz Mines

27%

•

Negus Mines

New

Sep
July
J3ep:

3,000

"

22c24%c

2.00

—I

67
25

i

...

National Trust

4.80 July

15 '

25

,

Apr

•

12% Sep

33o

4,000

18c

14% May '

1,457

.

8

60c

.__l

^

New

33c

9c

16

28V2

—

National Steel Car..

Feb

50

25

8%cMay

18%

—-2.

preferred

National

1.40 Jan

9,300

8c

,

9

66 %

Oil—

National Grocers

Feb

35c

16,622
•

25

*

Lake Wasa Mining
8c

1,166

__l

——

Lake Rowan (1945)
Lake Shore Mines.

Lang

8c
14c

25

Mines——

...

5,000
51,200

15

'

2,500

Feb

10 %c July
1.15 Jan:

;

Apr

7%cMay

'48c

15

(John)

Lake Fortune Gold

v.

6c

.

50C -May "

28%

25%

.5

National Petroleum

12,% Sep
35c July
1.35 July

.1

Mining & Exploration
Laguerre Gold Mines

—•

Gold

Mylamaque Mines

,

1.45 Feb

"32% Aug

12.500

9c
9 Vac

45c

9c.

—1

Labrador

Jun

3,220
:5,800
.200

15%

II

——_x.

-

4 °/o

21 %c Feb

Mar

3,540

..

35c37%c
•

1

Lake

"

26

102

•

22c

.

19c

35c

—1

Townsite

Lake

1

1

Klrkland
Kirkland

1.60

€c

__1

Kirkland-Hudson

Labatt

19c

1

1

Golden Gate——

r."

■*

Ottawar

_

Keno Hill i——

1.60'

9c

i.

——A.-—:.

.

13 Vb 4
45c"

8%c

«

Kelvinator Co

Kplwren .Gold

-

8%c

1

:
j

-

1.60

——„-l

—

QUebea Mines..

Journal

—

(193?)-.-

33Vi

32%

Lake

Brick

Mosher

Apr

Apr

8% Sep
46c
Aug.
36c4 Jun

1,270

9»/2c

,1

———

Jellicoe

205

403

:12%
38c

38c
,

30

103

-

38c

11 % May

4%c Aug

.

Mar

65c

ic "Sep'

18,000

38c

»

Feb

14%

37

9%C. 9%c._

10

—

Porcupine
Montreal Locomotive

9% Feb
18

6%c Aug
'

2.500

57c

Jdly

•

vSVic Feb

1,000

18%'

Moore Corp common.

13 % Jati
7% July

450

28%

.

..

28%:

—100

—_

.

'

Red

Mbneta

.

12% Jan

11,400
" 220

,

8%

2%cJuly

"

9»/a0

—

Jan

May

25

1,130

8%

8%'8Vi

■

_1

International Coal & Coke.
Int l..Metal

g%

1

'

—

Modern Tool Works

Jan

16%

107% Jan

*" 200

9cl0%c

9c

1—6

^

________

69c

2.45

6,000

t»'C
:60c

—8'"

Mining Corp
Modern Containers

,

/

Ingersoll Machined class Ai._i*—^

8c

52c.

1

Mills

Mercury

Sep

13

May
Jan
May

10

/

4,801'

14%
'7%

7%"

-

12%

8c

■

"

'

1.50 May

11,875
14,000

Jan

3.95

'

Lake

McWatters Gold

t

"

.

6% Sep

,

,

July

275

27

13%

12%

4,500
:

3%c

__ioo

Mid-Continent

18c

29c
40
4c

" 22

Sep

'

Jan

8,500

13

.111

'

111

—

40c

2%c

;„20

McMarmac

Feb

3,800
622

a-

5Va

2.80 May
30c May

1

38c''

2.02

——,

common

McKenzie .Red

1

"

*

2.75 Jan
6%c Aug
24%c Aug

5,700

-—

Hosco Gold Mines

2,850

•"

3«q

•

Preferred

Aug

11

8c May
8c
Jan
9.50 May

4,060

—

6%,
3.35

1.90

McColl Prontenac Oil common—

Sep

18e

6,500
1,897

3.8O

HoUinger Consolidated Gold Mines—_5

.

Feb

97c

9,100

10c

10c

lOc

3.15

,

—54c

Class B'"——-L

Jan

23%cJuly

20,800

.

10cl0%c

—i—10c

2

Sarcee-

;

,

(L) preferred-^—
Grain class A_

McCabe

47% "Jun

Aug
May
Sep
Aug

75c
7c
10c
95c

7,929
1,500

1

5.%
3.15

Sep

18%. Sep

35c May
9% May
9 Vic May '
7c May

545

10%

2.25 Feb
10
Sep

—3c

—

Preferred

16c'. Feb

May

2,900

.

Massey-Harris

Sep

12

May

15

13%c*

10c

__1

—,

Highrldge Mining

& rErie

40c

6

60

l

—:

;

Heva Gold Mines;

Huron

114

1

-

Lake

Gold

Home

'

9%

4,766
825

1.90

Mclntyre Porcupine Mines—:

May

16

•

Sep

11c

May
Jun

2c

13

500

67/a

16

10%

__

——1

5c

2,000

,

High

1.30 May

9%

5%;,

_1

1

——

Martin-MdNeeley.

•55%' Jan

July

2,500

7c

37%c

.

10%

_»

Hedley Mascot

Highwood

*

37%c

x

—,

'

3%c

6%

__

__

Harker Gold
iiamcana Gold Mines

Heath

614c

•

__

,

31c

"500

'

•

'

113

Jun

4

1 1.61

10-

_i

Gold

Marcus

;

46c

8% May
51% May

260
1,141
300

14%

14

■

3%c

-

_l

.

38%c38%c

14

l

.4

Harding Carpets

Hasaga Gold
Headway Red

55

4%

—

Cotton

Hard Rock

55
4%

200

11%

•J

...»

:

-

11

55
'

.—2_1

_

'

585

10%

1114

—♦

12,055

18%

.

Gold Mines—:

Maple Leaf Milling.,
!

>

Jan

20c

9%c
1314
44%
10

550

-

45 Vi

10

10

___*

Gypsum, Lime & Alabastine
Halcrow Swayze

17
44%

18

»

;

-

•

Lake

Manitoba & Eastern

3.30 Jan
74c

11% July
Aug •
May
Sep
Sep

135

11%

Low

5,720

10

High

"

1^*

Malartlc Gold Fields—.:

Feh

50c

Aug

7c May
17c May
4c -Sep
95
July
52 % Sep

70

1.62
'

Magnet Consolidated Gold———.x—1

McBrine

425

1114c 11 Vid

'lllAc'

—.50

Hamilton

100

11%

1

—

Gold

4%c
5314

>

—^

common

4c
99%

__

8c

11,000
112,000
4,000

52%

l
99 %

1st preferred

Greening Wire

Halllwell

18c

50

Great West Saddlery common.:

Gunnar Gold

14c

1
^

14c

Mines——I

Maralgo Mines

2,800

2.17

Great Lakes Paper new common
New preferred

Great

18c

17c

13c

ii

•

July
4%c July
13c
Aug
2.05 July
11c

1,300

17c

—

Bousquet

8c

2.05

GordonMackay,.class*'A-_--_^i_Graham

7 Vic

1

1

J

„

common

16c. July

10,300

2.05

„—j.

Uoodinm Mining

Goodyear

21c

13 %c

!

—

—

20c

i
l

;

,

;

——

Jan

—•

——.

Mines

Porcupine—.

Goldvue Mines

.

—

57c

2,000
*

20c

,.1

;

44c

July
Sep

1.17

"

:

3c

18c 18 Vic

18c

Gctfdcrest Gold ^
Gold Eagle Mines

37,500

53c

1.05

Mines

?

4%C

52c

Gold

4c

Gold

—_—

Madsen Red

.Sep

9c
71c
i.«8
22c .

10c- July

1

Glenora Gold
Globe Oil L

B

Range Since January 1

.

1.70

Low
1

MacMillan Export class AClass

Shares

7.15 Mar

5.40 May

613,900

-

MacLeod-Cockshutt

for Week

Range
of Prjces.

Sale Price

•

Par

Jan

107

July

105

5

3,133

6.40

■

•

18% Feb

14% Aug

125

15 v»
v

6.20

>

Jan

5%

3% May

25

'4%

4%

—-

—

Yellowknife

Gillies

Shares

Low

General Steel Wares common
.

Last

STOCKS—

Sales f

Week's

Friday

for Week

*

General Bakeries

SEPTEMBER 26

WEEK ENDING

FOR

Sales

Range
of Prices

-

RANGE

MARKETS

LISTED

CANADIAN

Monday, September 29,1947

CHRONICLE

Sep

15

July

18% Sep
-47% Sep

^

135r(July<;^
,

4.50 Jan

■Volume 166 " Number 4633

THE

COMMERCIAL

& FINANCIAL

CANADIAN
RANGE

Friday

Week's
Range

Last

STOCKS—

,

Sale Price

Low

Sand

River

Sannorm
Sarnia

Gold

Bridge

Scarfe

Ltd

class A

Sheep Creek GolcL
Sherritt-Gordon Gold
Breweries

54c

22

21%

14%

A

14'A

14%
133/4

190

25c

2,100

245

159

24%

1,100

45c

46c

17,600

36c

50%

80 "

50%

'

(1944)

Standard Paving

17

1.25

1.39

63C

62c

67c

.

com

7%

Starratt

Olsen

5%

Gold

1

Steel Co of Canada

10

17"

21,500

Apr
May
May

91c

9,200

50c

"

1

67c

Preferred

.25

20

175

19

Apr

23

6

no

5

Aug

8

50

70c

7

215

80

2.08

2.15

9,350

22c

500

2.10

2.05

2.21

5,500

26c

27c

5,900

2.25

2.20

2.30

May!!"'

97/a

7,783

Feb

8

May

75'A

5

22c

1

Surf Inlet Consol Gold..

.50c

Sylvanite Gold Mines

—1

Ymir

;

York

River

Gold

69C

_.

69c

Tamblyn Ltd
Preferred

73c.
27

Thurbois

Aug

1.75
17c

1

3.85

3.80

4.05

'52c

Jun

1.70 May

68c

Traders Finance class B
Preferred

Corp

;

Co

Canada

&

Canada

Jan
Jan

Dom

Sugar

9%

9'A

9%

Mining
United Corp class A

„_i

—,—.

12 %c 12 %c

*

1.00

Canadian

Feb

Vickers

Feb

28 y2

Jun

54

4.25

Jun

Canadian

60c

Jan

Preferred

Sep

Fuel

Class

B

class

A

-50

preferred.

preferred

65c

Paper

For footnotes

26

Sep

31

May

64

3

May

92

92

93

275

67% May

20%

21

175

20%

Jan

12 %,

14

155

12%

Sep

23

23

10

33

33

75

148

148

10

2%

20%

__

__

33

2%

Oil
Aircraft

Bridge

Feb

36%
154'A

Apr
Sep

1,800

2% Aug

,39

30

37% Au«

100

1.05

1,549

14 % May

19%

Feb

35c

38c

4,600

32c

72c

Jun

19

19

25

Feb

Hayes

May

10'/a

Feb

Humberstone Shoe

?!2ic

Jan
Feb

Apr

49%

Feb

Southmount

14%

Sep

Temiskaming

—*

18%

18'A

18%

2.50

2.45

2.50

1,300

25

22%

25

245

23

23

53

Minnesota & Ontario Paper
Price
Bros

5% May

94

1,025

0c

—.

—

May

30

10

18

250

Aug
17% May

42%

30

h

—.—__*

—

Paper common

37

Feb

Jan

100

Mar

14% May.

20

Aug

425

1.90

20

Jan

3.00

Jun

Jun

30

Feb

16

21

Apr

9,360

,4 41

May

49

25

49

20%

21%

60'A

60%

10

41c

41c

504

8c

9c

2,500

21%

•
*

—

—,—*

J

—

Mar

Apr

92

57

56 %

100

Mining

26

31

15

49

—

•

Invest

Jan

5
-

Jun

21

31

94

Langley's Ltd preferred —1%

,31

31

94

Feb

1.10

Jan

13%

—

*

Sep

103%

8 %

Jan

35c

—•

—

*38

8,650

Feb
Mar

2.40

17%

,*

Jun

Steel

3%
50

Sept

17'A-

.24 % I Feb

Sep

21 % July
67% July
42c July

52% May
23c

Sep
Jan

'

15% May

3,325

57
68

V

Jan

6%c May

12c

Jan

page 42.

see

Statement of Condition of the 12 Feden

;; «...
I

\

1T

Treasury the buying rate for cable transfers in the different countries of the world.
give below a record for the week just passed:
EXCHANGE

RATES

CERTIFIED

Reserve Banks Combined

BY

FEDERAL

RESERVE

BANK

(In

TO

TREASURY

UNDER

dollars)
Increase ( + ) or

Decrease (—) Since

TARIFF

ACT

OF

1930

Sept. 17,

1947
Assets—

Gold

Sept. 21,

1947

1946

$

certificates

—

fund

for

F.

•

20,017,674

—

L996

+

for Cable Transfers in New
Value in United States
Money

R.

notes

York

705,068

—

459

;»

it

2,690,46)6
■

■

.

Buying Rate

Unit

of

Sept. 24,

Redemption
Noon

Monetary

thousands

We

SEPTEMBER 19, 1947 TO SEPTEMBER 25, 1947, INCLUSIVE

;j.

and

25 »A

Mar

17%

Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily

Country

Jan

26

*

to the Secretary of the

FOREIGN

21

1.05

*

May

May

58c

May

15% Jan

130'A Mar

38

Feb

Foreign Exchange Bates

j

2%

July

23 7A

.

1.05

39

Feb

94

-

*

Donnacona Paper
Foothills Oil

1,694

—

Feb

5% July

•

Dominion Textile common—

110

26%

l

High

43

___

Dominion

14%

Low

205

2

Feb

49%

Range Since January

160

*

Feb

14

14

Sales

6,325

^5

12%

27

JUn

i

62

—

116'A

102

16% Mar

5'A

Lumber

Westinghouse

Sep
May

10

Mar

Sep

High

26

*

10

55

Jan

'

,

Week's

Low

100

108

48

—25

50

4%

common

DeHavilland

5,750

10c

14

30c

'

14

Shares

•

—

Dalhousie

%

Jan

May

60%

common

Jan

10

Aug

5

Coast Copper

18

18

20,500

17% Mar
3.40

19c

Aug

30

.

Class B

12c

Jaa

Apr

n

for Week

*

Industries

International

Union

-1,000

of Prices

__*

25

37

70c

23c

Aug

20c

61

Vinegars

70

102% 102%

Onion Gas Co—

United

37

23c

Jan

May

2.70 May

1

10% Aug

109

65 %c

*7c

Range

Pulp & Paper com—'*

common

Preferred

30c

10%

37

13%

20c

100

British Columbia

Aug
Sep

108

—

1,675

*

:

.

Aug

10%

Too

.

Transcontinental Resources

21 c

Mar

2.75

Aug

.32c

6,500

*

Aug

4,000

Par

Asbestos

Sep

2.85

3.20 May

300

23c

.50

2uc

10c

Sale Price

16c

10%

20c

10%

A

Mortgage

July

19,500

14

STOCKS—

52%

107,650

10'A
23c

Toronto Iron Works class

Toronto

34c 39%C

A__

10c

16c

Last

Mar

31c

May

Feb
Jan

16c

2,280

Friday

26

35c

31
108

7%c May

Canadian Funds

Jan

2.70

27c

May

39% Mar

Sep
btp

22,000
3,500

13c

*

—_

Jan

'

89%

1.98 May

6,100

35c

class

:.

Sep

26%
104

10'Ac

10%c

common

Sep

3.20

.

Feb

22'AcMar

May

19c

4,485

49c

Mines

16%

Jan

29%

10c

__

1

Jan

'

25

Gold

>

Mar

|

Consolidated

Canners

Tombill

i

50c

23c

3.10

lie

I*

*

Canadian Western

Tip Top

16

16'A

1

Sep

July

;

Feb

83

Sep

10c

300

53

49'Ac

Teck-Hughes Gold Mines
Thompson-Lundmark Gold Mines.

13c

Feb
Feb

8

36%

47

rr

1.06 Jan

Sep

78

1,200

27

53

.50

—

14y2c

Girl

Knitting

45

12C

4.95
26

Jun

20c

1,171
,

10 %c

13c

_•

——

Yankee

10 %c

_1

_

common

Mines

Canadian

Taku

26%

1

Brown

Sullivan Cons Mines

36%

104 104%

.Feb
Mar

,,

14c
July
23% May

120

26%

7

1,900

28%

104

-

55c

3,000

2.15

4

5% May

2,800

76%
17c

1

15c

28

'

100

-

80

Steep Rock Iron Mines

Sturgeon River Gold

15c

26 %

1

Yellorex

4.20 May

21% May

28'

J«n

22

410

36%

*■

100

12

-i

6

17c

17c

common—.

Wright-Hargreaves

1.43 July
Jan

7%

75'A

Steeloy Mining

(George)

Winora Gold

18% May

7%

66c

common-

30,100

*

Preferred

Wingait Gold
Winnipeg Electric

Jan

78c

5%

———————.

34c

31c

Feb

2.65

Sep
Aug

10

550

,

10

2.00 May
7.20

2,409
-

15c

»

"

19%

Preferred
Standard Radio class A

8

,

Winchester Larder

Feb

51% July

4.60

24%

33c

Wiltsey-Coghlan Mines

Apr

33%

4.35
24 %

,

Grocers class A

•

Jan

54c

4.35

7%

Consolidated
Mines

15c

High

7% May

5,200
1,645
1,000

24%

(G & W).

Westow

1

Sep •

68c

6

V

com

15c

,

106% Mar

May
50% Sep

2.34

7.60

'

•17

1.34

Springer Sturgeon

Sep

28

I10

+
.

133/a July

Aug

30

'

103

2.25
7.40

Westeel Products

Feb

32 3A

May

30

-50

120

52c

40c

43c

—L

-_20

104

52C

July
July

-12

Jun

103

52c
-

Mines

15

11% May
6% Jun

625

Southam Co
Stadacona

53c

12

125

,

1
1

275

2.25

common

Western

15

May

26%

12%

Jan

5.35 Feb

12%. Apr
May

11%

103%

Wekusko

Low

8%

7.45

Walker Hiram

Range Since January l

High

8

—1

Waterous Ltd

Jan

1.65

25c

—1

Ltd.;

Mines

Waite-Amulet Mines Ltd,

Sep
Jan

13%

12

12%

1

Standard Chemical

Upper Canada Mines-

Ventures,

Jan

50

1.00 May
2.06 Jan

26

—

25 y2

Shares

8

Sep

43c

Sales
for Week

Low

Steel

West Malartic
500

43,230

11%

common

Preferred

30

1.05

A.

^

(N)

21% Aug

12%

.1

Sep

75c

49% Sep
15'Ac May
10% Sep

25C

Preferred

Co

150

3.10

1

Sladen Malartic Mines

13

United

;16 y2 Jim

May

240

2:85

2.90

Oitass 8

Simpson's Ltd class

Slater

io%

31c

3,800

13%

class

Par

Aug
Sep

29c

.

Sep

1.05

.1

Voting trust ctfs

Gold

22

10 %

common*—.

Silverwood Dairies

20c

May

16

50,300

20c

-6O0

Mines.

11

10

;

49%

18c

18c

»

A.

May

105

62c

49 y2

III

Silver Miller Mines—,..

Sisicoe

16%

59C

*

4

16c

11,500

Aug

Range
of Prices

Sale Price

High

6c

Week's

Last

STOCKS—

Vicour

—1,

Shawkey Mines
Shea's Winnipeg
Brewery class

9,000

13

16 %

16%
—

Low

27c

13

26

Friday
Range Since January 1

High

22 %C

—

Senator Rouyn Ltd
Shawinigan Water & Power
J
Preferred

Sicks'

24c

l

,

MARKETS

SEPTEMBER

Sales
Shares

14c 14 Vic

,__1

Mines

ENDING

(1289) ' 4;

for Week

of Prices

Par

LISTED

WEEK

FOR

CHRONICLE

iA

64.54J9

—

,

Total

Sept. 19

Argentina, peso—

$

Official

| >

Sept. 20

——•—i

Free—--

i-iLL

1~,

$

.251247*

Australia, pound

—

:»'"4

".29^733*

Sept. 25

Sept. 24

$

.297733*

—

—

Sept. 23

$

„

$

.

.297^33*

,297733*

.297733*

.251247*

.251247*

Discounts

'I

3,211633

Closed

ctf.

reserves

20,722,742
259,082

3.211783

3.212116

3.212116

.022826

.022833

.022847

.022835

Brazil, cruzeiro-

.054406

.054406

.054406

.054406

118,646

1,901

—

13,910,979

Certificates

7,015,916
471,800

'Bonds

l.f

Total
Due

I.000000

Free,

.899843

.896875

y

,.569800*

.

bzechoslovakia, koruna
.208604

—.

Closed

1.000000

.901875

.901250

.900937

.569800*

.569800*

.020060

,

.020060

.208604

fengland, pound sterling

.208604

.208604

"4.031328

,

4.031250

4.031406

.008407. "

U—

—

;

Netherlands, guilder

.205776

>

-•

.377398

T-i

.008407

.008407

.008407

.301729

India (British), rupee

.301729

.301729

.301729

.205775

.205775

.377411

.377460

.205797

.205790

■;

"

.377413

.377338

'•

loans

from

R.

Uncollected
Bank

securities-

22,118,385

securities-

and

foreign

notes

Other

22,238,932

banks

other

of

2,500

+

134,758

items

2,727,757
33,264

assetb

Total

:

—

—

-

|

T*-'

Free-I—

—

New Zealand, pound

——
——

Sweden, krona

•

—

.278214

fr> i;

_

4.007500

1.000000

1.000000

,898750

.898750

j

3.225000

.201580

.201580

.201580

.040304

.040244

.040263

.091324

.091324

.091324

.091324

"

•

.278264

.233628
Closed

4.007500

,278221^

.278264

'•

.233628
'

4.007500

(

.278214

,233628

.233628

4.007500

4.007500

+

351,701

+

"524

^658300*

•Nominal rate.




—

—1,924,748
+

—533,753
1,401

+

46,166,064

j;[i7

—:

4,838

287,795

+
;

$22

+-

319

+

-176,523

+

76,085

+

73,546

16,830,557

—297,448

+

855,935

—

;

.658300*

.658300*

.658300*

.65830Q*

•.582040*-

.562040*

.562040*

.562040*

.562040*

3.302
947,425

Deposits:
bank—reserve

U. 8. Treasurer—gen.
Foreign

acct.
acct.

799,663

400,720

+
—

559,269
31,418

523,507

+

25,821

18,554,447

+

256,224

deposits
Deferred availability items
Other liab., incl. accrued divs.
Total

liabilities

2,393,983
20,899

—361.053
+,

2,301

45,459,141

-178.613

193,442

20

Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other

128,403

—

266,924

—

20,058

—

+

439,703

+

374,826

7,502

+ '

895AQ7

+

capital

27,455

accounts

46,203

deposit and F. R.

liabilities

combined—

Contingent liability
on
purchased for foreign
respondents
Commitments
trial

loans

to

make

bills

46,166,064

+

9,328

+

439,823

Total liabilities & cap. accts.
Ratio
of
gold certificate re¬
note

...

i

35,600

—1,747,418

-

Federal Reserve notes

serves, to

.

———

123,800

3.225000

3.225000

.201580

.040238

•

.

Uruguay, peso—

V

_

"

>

;

3.224660

.

.233628

Cnioh of South Africa, pound

Controlled

''

.091324

—

Switzerland, frano

Noncontrolled

Closed

.040244
——

1.000000
.899583

/

.894375

3.224500

—.

.201580

(Spain, Peseta

i

LOOOOOO

.897500

SNor^, krone
Portugal, escudo—

i

'

1.000000

759,4913

—

24,489,812

assets

Liabilities—

49,430

828,525

—

362,762

Total

[ Official.

870

3,338

—

Other

Newfoundland, dollar—

,

—

9,500

99

banks—

premises

Member

'

•

F.

40,563

174,862

'+.

+ 374.762
—

—

.020060:

.208604

,4.030546

France (Metropolitan) franc—

1.000000

.569800*

;.i

.020060

Denmark, krone

Mexico, peso-

1.000000

72

+

2,625,947

—-

719,690

Canada, dollar—
Official

+
—

11,133

—

.Notes

Total U. S. Govt,

,

2,455
6 378

+

purchased

.054406

I

—

—

Govt, securities:

Bills

3.212116

.022846

advances

loans

Acceptances

.251247*

Belgian, franc

and

Industrial

U. S.

.251247*

gold

Other cash

•

Sept. 22

81,468

+ ■;

+

-176,523

127

39,^05

2,070
+

947,425

-•

48.1 %

0.3 %

+

3,125

111

+

3,125

7,400

67

+

1,439

'

-

,

5.|f»

cor¬

indus¬

THE COMMERCIAL & FINANCIAL CHRONICLE

(1290)

42

Monday, September 29,19(47

OVER-THE-COUNTER MARKETS
Quotations

foe Friday,

September 26

Investing Companies
Par

Funds—

Mulutal

Aeronautical Securities

1

X3.81

Holding Corp_x—10
1

Amerex

2914

American Business Shares.)

Par

5.55

Series, S-2

4.17

!

11.59

Knickerbocker Fund

7.88

15.12

16.43

Loomis Sayles Mutual Fund.
Loomis Sayles Second Fund

M

14,93

5.13-

*

...

12.65
4.71

4.31

-—

8%

a

(When,

Ask

13.68

Series S-3
Series S-4—

•

4.25

,7.29

Axe-Hou'ghton Fund Inc—_
Axe-Hough ton Fund B
;

Bid

as

and

if

issued)

Keystone Custodian Funds (Cont)-

3114

,

3.88

Oil shares-

Standard

Associated

Reorganization Rails

Ask

5.05

l'A

Fund Inc

Affiliated

Bid

Bonds—

1-_:

1st 4s

5,70

Conv

99.68

10

'

Bid

■

Ask

Chicago Rock Island & Pacific—

Stocks—

Bid

Ask

,

Chicago Rock Island & Pacific—

-1994

4%s_

income

_*

2010

102

103

78%

Common

80

5 %

24%

preferred——

._1G®

2<y

58'

*

59'%

48.21

47.25

'

Managed
Beneficial

—1

Corp

Blair <fcCo_—

5%

1,

Paper shares
Petroleum shares

101.32

19.69,

Invest Co Inc

Automobile

4

97.27

Boston Fund Inc——L——5
Broad Street

614

314

Bond Inv Tr of America—______

Funds—

shares

4.18

3.79
4.43

4.88

4.21

.

.

4.64

Manhattan Bond Fund Inc—

21.29

Common

10c

7.52

8.24

-1

24.84

26.85

1

10.94

11.83

Mutual.Invest Fund Inc

10

13:70

14.97

13.51

14.51

9.66

10.44

6.95

7.63

Aetna Insurance———

Ihcome series—

4.44

4.91

Aetna

Industrial stock series

6.00

6:71

Agricultural

priced bond series

6.60

7.26

priced stock

17.90
18.62

l

Low

10.56

16.99

——1

Fund

Low

Bullock Fund Ltd

:

Mass Investors Trust
Mass investors 2d

Ltd:

Canadian Inv.Fund

1

Chemical

Securities

Preferred

4.95

27.86

29.96

—I

Fund—a—

Christiana

3.85

—*

Century Shares Trust

13:55

10Q,

Balanced

>14.66

com_L~100 2,990

-

Nation-Wide

15a

-

—1

5:68

6.17

Delaware

Fund——,::———1

14.71

15.91

Dividend

Shares——.

—25c

1.43

1.57

Commonwealth

Invest-

Eaton 8s Howard—

Bond

23.99

1

series—,—

Par

—*—_>

.

Life—1__——_

25.65

4.04
8.26

American

15.81

Selected group series

3.64

4.04

American Casualty

25.42

3.65

American

Equitable—

2.02

Speculative series,
Stock series

3.27

1.85

5.07

5.63

American

Fidelity &

14.74

15.81

First

Boston

—10

Corp—

New England Fund

34'A

3 l'A

First Mutual Trust Fund-L——5

1

Fundamental

Investors Ine_—_2

13J.9

14.45

Trust

shares A—2

5.6T

6.54

Automobile

Corp_j.——41.66.

44.80

9.63

Agriculture

Fundamental
General

Capital

Aviation shares———.

Electrical

Boston

12.55

10.69

11.72

Camden

11.01

12.13

City

8.10

8.88

Connecticut

9.93

Continental Casualty,-

7.88

Mining shares—

8.31

RR

Steel

•

_1

Fund

10c

1.68

21.52

23.26

Securities Ltd—v

shares

Group

86c

90c

1.00

Group shares

13.11

-14.36

Investment Co of America.-—10

26.19

28.47

Invest Management Fund Inc—1

13.31

13.62

Secies K-l
Series S-l_

48

48

•28

31

_10

Preferred

14.50

68

71

Providence-Wasnington

11.66

Federal

48,%.

6.81

Fidelity & Deposit o£ McL

5.61

Fire

7.87

Fireman's Fd'of San Fran____10

Assn

Firemen's

_20

of. Newark

145

150

10

of Fhila.

46.

49

Republic

84%

88%

Revere

.5

12

5

41%

5

*•

Globe & Rutgers Fire
2nd preferred^-

49.85

2%

Republic

10.87

11.76

6.35

6.96

Great

14%

19!

Bankers Trust

7.30>

Union Common Stock Fund B.—_
Union Preferred Stock Fund,
street Ihvesting Corp
1

U

S

25%

U

S Fire

99%

U

S

32%

35y»

Westchester

Brooklyn: Trust——100.
Central Hano.ver Bank & Trust 20

Chase National Bank

loo

105

93%

—15

Chemical' Bank & Trust..

42 '

96%

•

34%

36%

41"

10

Ttust

Co-

1

17.36
15.16

16.30

1

7.18

7.87

2.50

6.61

;7.55

.

Federation

Bank

&

Trustee

Recent

North

2.27
3.30

Detroit Edison

1

2.71

El

2.56

First

Trust

100

Graces National

National

J..

Kings. County - TrustLawyers Trust

xl65

180

190

10

—.100

210,
274

14%

:

1,525

25

49,

20

15%
1,575

51%

56%

New

72'

76

Public

19

Sterling. National

39

Title Guarantee & Trust

1,355

"

1,415

York Trust

United

25
NatT Bank & Trust.17%

States

l%s

Land
Oct,

Bank Bonds—

Bid

Ask

1,

1950-1948

1%S May

1,

1952-1950

99.20

.

52

247

98 %
lOO'/a

Connecticut Light & Power—
$1.90 preferred

2%s——1976.

99
99'A

100
100'A

New

100%

101%.

Paso

Electric

3 %S—1972

41%

43%

92

,

95

41%

25

68

1,

1953-1951

100.10

10%

1955-1953

103.10

103.14

-

32%,

52-'.

3o%

100, 610

Service

(Colo)—%-

Co

Brook

1977
27/aS—19-76

2%s__19o6
Toledo Edison Co 2%s—-1977
Tenn Gas & Transm

Utah

Power & Light

*

53 %

54

102%

104

100

96%

Service-—

102

102'A

101%

Pennsylvania Electric—

98

102%"
99.

100%,

101%,

Pitney Bowes 4%%, pfd

.102
Ohio
98'A
Pacific Pwr & Light 3%s—1977
100 "
Pennsylvania Electric 2%s„1976
98 (
Philadelphia Ei Pwr 2%s—1975
99%
Portland Gas & Coke 3 Vstf—1976
98

preferred:

3.70%

103
99'A

'
103 .
99
98y2

100>/2
100 :

T00%
99'%

3.50

100

preferred

Tucker

Container

Corp

—100
"A"

102

51%-

52%

87

90

6"

—1

"A".

pfd

6%

4%,w

,'^l

Victor Chemical 3%%

White

100

(Indiana)—

preferred—

Seaboard

5Q-

97%r

100< >10Q

Auto Stores

..

6%

5

10iy2.
7%

103%
100,/2,.

,

101'A *

99'%
102%

99%

100%

2%s__1976

-

:

640

Bate*

100.1

purchase

100.4

100.1

100.4

1947

October

125%

Bid
Ask
b0.375: 0.34%
b0.76
0.70%

Treasury bBla—

October-2,
1961

quoted are far discount at

Ask

Other Issues
Panama Canal 3s

Public

101

Light 3%s—-1965
Public Service 2%s____1976

2%s- 1st. mtge—

52%

106

;

.

101%.

Laclede Gas

Scranton-Spg

10%

51%

United States Treasury Bills
Bid

IVis- Apr. 15, 1948
1 (45 Sept.
15, 1948

100.12

Ohio

Ask
96

9%

England Gas 8c Elec—

4% % preferred
3.90%

—

•

Bid
94

11%

100:14

1,

44%

;

:

69/

72

12

Trust

1977

-

&

Gas

2%s

$2' preferred-

Public Service

53%
253

39%

Federal Land Bank Loans—

99.24

t%s Jan.

2%S Feb.

100.8

Par

Stocks—

Birmingham Elec $4.20 pfd__100
Clopay Corp——
1

97%

Obligations Of Government Agencies
Federal

99 V*.

lOO'A

Public

54%
16

8$

98%

Ask

265

16%

100

Bank—

Bid

100

:

15%

x3Y

_2.50

—1982

2%s

1977
Illinois Power Co Z'As
—1976
Iowa Public Service 2%s~-1976
Kentucky Utilities 3s_______1977

100

Guaranty Trust
Irving Trust-

Morgan (J. P) & Go-Inc
loo
National City Bank
...12%

10

Fire_

Cudahy Packing 2% sl—1967

Shares—

1955.-.

Par

Fulton

Ask

83t

Arkansas Pow & Lt 2%s___1977

1

Amer Trust

1966

American Airlines 3s

*

42%

__10

42'A
49;

Security Issues

Bid

Bonds—

Shares—

Independence Trust Shares

10

Trust..

Fiduciary Trust

Id

TfP®- Trusts—

40%

Exchange Bank & Trust-20
Empire Trust.—
50

2

—4'

.

m

Manufacturers Trust Co^

Corn

I

Guarantee

H

18.95

1

20

Continental Bank & Trust

Fidelity & Guaranty Co

568

9.47

43

Commercial National Bank &

29%

553

21.96

9.28

Wellington Fund
Fund Inc.

Ask

353

-ioa

7.99

20.03

City Banks & Trust Bos.

40

31%

29%

6.58

Electric

338

.10

26%
108'

103%

19.94

6.01

c-~%

Series 1956

Bank of New York——100

Travelers;

95)

18.24

TT®erie®

2T.43

26%

-24%,

10

22.47

Series

24%

Security New Haven
10
Spring! ield. Fire. &. Marine—25.
Standard Accident

83 c

19.41

Co..10

48%

23%

10

—'

3s

Manhattan

69*

46y*

27%

75c

Iowa-Illinois

the

66

10

__5

Fire.

Florida Power & Lt

of

—12%

Sulety_

—lo

—.

——

19

23
86

Firestone Tire & Ruh 2%s—1972

Bank

8%

,

82:

21.79

10c

Series E

Bid

16%
44

7% '

15

American

Hanover

5%

28%

17

13

15

com
—

,

28%

>

Globe &

3.33
28.22

4%,

,

10

Glens, Falls Fire___

3.08

34%

10

Fire__:

16.12

14.99

26.24

%

( N Y).

(Texas)—

(Paul)

St Paul" Fire & Marine;

23.14

Par

Reinsurance Corp

4%

32%

_

Seaboard

Fire__,————._5

Hartford Steamboiler lnspect_10

Diversified

New York

78.

51%

—10

50.50

17.83

25.14-

:

*3%.

Accident

20%

1

10a4

52;

7.4

28%

new

TV*.

73/

..

48

Co

19-

17.78

1—

Indemnity

26%

1

70

Fire

Pacilic

General Reinsurance Corp
:_10
Gibraltar Fire <fe Marine—_—10

I

6%

•

98-'v

Pacific

30

47.50

26.54

9.67"

5
12.50

rhoenix

State Street Investment Corp
Trusteed Industry Shares— —25c

29.21

8.88

—__

—

5

lh

77

,_10

Crura & Forster Inc

10%
22'%.

—

—a—

Franklin

—21.21

———

74

Life.

Hartford

16.3.4

—

Series K-2

Northern

81c

24.33

,

—.

,

Northeastern

16%

k

48%

.5

8.46

Investors

27:92

—

Series 8^4

22%

14%'

10

73c

_

Series B-2

20%,

York.
General

• ■

2.5a

11.33

Standard Utilities

Keystone Custodian Funds—

Series B-3

5

32

18%
4jfi

-.—.Id-

28

8.24

world Investment Trust

Series B-l

Fire

of New

28%

2)

River

7.72

Series. B
9.18

78o

—

Bond

Sovereign

Hampshire Fire

New York Fire—

10.34

Fund lnc

"J
8.37

—

shares
shares—

Group
and

>

'

Insurance Group
Stock

■

1.63

—5

Investors,

69c

'

,

North

Union Bond Fund series A_.

»-v

1

Bank

62c

Inc

Common

Institutional

4.53

5.60

New

61%

■

20.

Trading

Selected, Amer Shares

Holding Corp...

Aviation

4.17

71

57%

5%

29%
26%

;_i0

&

Putnam (Geo) Fund—
Republic Invest Fund
•
Russell Berg Fund Inc
Scudder, Stevens & Clark

4.65
5.25

Brunswick

-—.

Tobacco

5.16

—

;

Income Foundation

Incorporated

Steel—
Petroleum

4.53

25
_I0

5.12

7.35

4.83

New

5%

■

•

4)%

5

74

4%
■

6.21

.

2:71

4.28

.—

Shippers-.

7.18

Railroad
Railroad equipment.

5.59

2%

-■27%

~~2

Amsterdam * Casualty

10.64

—

6.78

■

;

HUroh

7.58
'

&

10

Employees Group
_•
Employers Reinsurance——10

7.52

Pacific Coast invest Fund
v ' Public
Utility

4.17

—

shares..

•■Oils

Baltimore American

Fire—"

New

"1

10.59

13.23.

7:60

6.77.

stock shares™-,—.shares...

Tohacco

Utility

'

11.20

9.66

——

2.48.

—

shares.——

Metals

9.06.

10.22

;

8.16

6.25

shares—

Equipment shares

Railroad

4

9.99

'

——5.15

shares——,
Bond

Machinery
Merchandising

5.81

7.52

snares———,

Diversified preferred stock
Diversified industry.
' Electrical equipment
Insurance stock

; *

10.74

■

6.99

shares—-.^.—

Petroleum

10.71

11.54

7.66

—:——.

Railroad

.

9.77

10.88

9:52

Low Price

National Liberty—-—".,—
National Union-Fire

11.45

9.9-1

47%

National

Diversified Investment Fund-

6.92

44%

18 %

35

6.61

5.43

2®%

56 V*

7.50

8.77

6%

26%

16%

•

34

(Detroit)J__10r

Casualty

32

Bankers

Institutional bond shares——

investing

National

54 %

9.59

T.01

Merchandise

27%

lo

'

21%

5%

Automobile

,

5L%
'

20.'

18%

■

25%

„10

13;%

40%

25%

American Surety—_ _—__^25
—

36%

12'A,

5

Y

7.04

11.06

industrial Machinery, shares..

-

Reserve——-!

33%

4

Assur:

8.22

8.75

7.26

shares—

1.7/-

„10

Fire

Mlrs, Fixe N

6.42

—

10.09

5.35

——

Administered^ shares:—
bond

2%

Building supply.
Chemical
Corporate bond series

6.38

Equipment-

Food-, shares——
General

Merchant

Merch

Bank stock——.

8:09*

shares—:———

FuHy

16%
12-

5.7'4

5.00,
i__

.

Chemical

•

9%

10%

89%

-2a

7.50

—

____

—

Building shares

20

" 36.-

10%

American of Newark.

American

18

33%

North

Maryland Casualty common—X
Prior; preferred
._
-10
Convertible
preferred
,—5.
Massachusetts Bonding
12%

15%

6.09

—,—

shares—

Automobile

10.55

Jersey Insurance of N Y

5

6.91

1

General Investors Trust—

Group Securities-—
Agricultural, shares

5.32

Aviation

Insur Co of

23%

68

—__5

American Re-Insurance

New York Stocks Inc—

5/78

5.23

46
42

65

Casualty-5

,

.10

43%

__4

14.79

Inc_

5

America-

Asit

Bid

Par
—

a

40'

10

Automobile

23.62

Fund,

Industrial

Home

_l0

American Alliance

7,48

1

Stock Fund

77%

25

Fidelity Fund Inc-———_____1•
Financial

Ask

74%

.—10

_.

3.58

common

Bid

10

Aetna Casual & Surety

Preferred stock series

-

-1

Fund—

Balanced

shares

National Investors Corp
National Security Series—

3,090

147

Insurance Companies

Securities—

9,

October

126%

16,

1947
1947

b0.76
b0.77
bo.77

1947

November

6,

November

13,

0.70%

b0.78

October 23, 1947
October 30, 1947—^

0.73%

bo.78

1947

0.71%
0.71%
t

;

Bid

Ask

November

20, .1947.

bO.78

0.73%:

November

28,

1947-

b0.79

0,74%..

1947—

b0.80

0.75%'

1947—

b0.80

0.75%

1947—

b0.81

0.77%

1947.

bO.82

0.79%

December 4

December
December
December

11,
18,

25,

0.73%

Quotations For U. S, Treasury Notes
Figures after decimal point

Maturity—

Int. Bate

tSept. 15, 1948
HOct. 1, 1948—

—1%%

Bid

represent
Ask

b0.97

0.94%

b0.98

0.95%

.

x

w

Maturity—

Dollar Price 100 Plus

one

or

more

32ds

of

Maturity—

a

point
Dollar Price 100 Plus

Certificates of Indebtedness—

*%S Feb. 1,

1948

t%8 Mar. 1, 1948

100.0128

.0255

100.0157

0309

100:0016

0217

99.9948

.0183
.0495

1947

—,—100.0134

.0207

1947

100.0171

.0275

t7/as Jan.

1948

100.0153

.0257

%s

1,

Indebtedness—




Bid

Ask
—

b Bid yield.price,

d Deferred dellyery sales (not-

.0178

100.0198

100.0000

f%s Nov. 1,
t%s Dec. 1,

t%s Apr. 1, 1948
t%s June 1, 1948;
*%S July 1, 1948 Series F
t%s July 1, 1948 Series G
t%s July 1, 1948 Series H

of

(not included In year's range),

Odd lot sale

.0173

99.9953
99.9958

1947

V/»s Oct.

a

Ask

.0240

1,

Certificates

Bid

100.0137

Oct

1,

1943 wi—

Included in year's

(not
w

included

In

i When issued,

♦No

dividend.

par

range), eEx-interest.
year's
x

value,

t Ex-stock

range).

Ex-dividend,

fin default.

fFlat price^^kRemoved to Stock Exchange., r Cash sale*

y

}

dividend.

Ex-rights.

(Un) Unlisted
.

issue-

w

d When, delivered

•

tThese bonds are subject to all Federal taxes.
'ft

SEx-liqUidatingr

Volume 166

Number 4633

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE
(1291)

THE COURSE OF BANK CLEARINGS
Bank clearings this week will

Preliminary figures compiled by

show

increase compared

upon

telegraphic

with a year ago.

advices from the chief

cities of the country, indicate that for the week ended
Saturday, Sept. 27, clearings
for all cities of the United States from which it is

possible to obtain weekly clearings*
9.7 % above those for the
corresponding jfiveek last year.
Our preliminary

wUt be

total stands at

$13,836,323,784 against $12,612,074,652 for the

this center there is

same

At

week in 1946.

Our comparative sum¬

Pennsylvania—Altoona

Clearings-—Returns by Telegraph

'•<#&

New York

1946

$3,77^364,718

Chicago

53^322,371

Cleveland-

Baltimore.

;

+ 23.7

240,400,000

+

4.4

340,661,000

+

L.8

196,696,040

+ 50:8

216,852)562-

+ 41.1

1,166,546

980,509

+ 19.0

578,591

1,347,914
1,070,436
2,747;319

—31.2

+ 16.8

4192,692
679,980
1,678,420
662,000,000

151,377,718

2,073,938,795

Philadelphia
Reading

Total

■

We cannot furnish them

'

we

able

are

■

West

+ 11.2

today, in

ended

Sept. 20..

For that week there

in all

week in 1946.

same

was

it appears that in the New York District

.

-:.

results for the week previous—the week
a

decrease of

0.6%, the aggregate of clear¬

a

gain of 9.4%, the bank

a

loss of 9.1%.

We group the cities

located

are

District the totals register a

and from

(including this city) the totals show

ing off of 8.6%, but in the Boston Reserve District the totals

decline of 7.0%

record

a

ac¬

fall¬

improvement

an

In the Cleveland Reserve

but in the Richmond Reserve District

gain of 10.9% and in the Atlanta Reserve District of 3.3%.
by 2.0%

and the

The

Minneapolis Reserve District by 33.6%.

In the

Kansas City Reserve District the increase is 22.5%, in the Dallas Reserve

District

19.0% and in the San Francisco Reserve District 13.8%.In the following we furnish

U

a

OF

BANK

of

Federal

1947

20

Reserve Districts

1st Boston

2d

York

New

3d

$

12 cities
,

12-

.—

IT

Philadelphia

4th

Cleveland

7

5th

Richmond

6

6th Atlanta

—

10

.

17

7th Chicago

4

6th

St.

Louis..

6th

Minneapolis

7

Kansas City..

10th

10

.—

6

HUi Dallas
12th

San

10

Francisco

"

Total

S

549,954,633

7,330,053,979

••

1948

(6 cities)

8,017,171,292

•

Tennessee—Knoxvllle

438,571,751

+13.4

+14.2

3,000,865
4U8;507,

242,875,574

302,230,126.J

655,002;969

707,211,789-

504,221,247

454,524,791

620,562,663

984,970,638
508,074,094
481,901,698

44-'

8.6

7,225,615,729

5,720,796,388

5.3

687,443,834

695,164,006

7.0

655,002,969

707,211,789

+ 10.9

344,595,510

318,115,419

+
—

'■

•

600,978,220

+

3.3

462,631,954

845,500,511

+ 16.5

698,605,422

493,522,583

+

2.9

349,768,820

326,120;838"
838,563)997

—

+ 33.6

289,845)947

44

We

add

now

421,928,071

+ 22.5

339,638,410

+ 19.0

176,572,719

173,940,550

853,756,604

750,154,496

+ 13.8

601,747)328

586,950,068<

14,380,257,840

14,461,775,779

0.6

12,270,040)393

10,585,680,104

6,663,109,308

—

9.4

+

5,232,777,208

showing the figures for
Week

gearings' at—

Ended

1944

Sept.

Inc.

$

5,038,668,935

each city for the

Mobile

I
ZZZI

...

454:524,791

+10.9

344,595,5101

318,115,4104

Portland-

-

x—s

-Vr

.

1944

$

$

Seventh Federal Reserve

Pau River.

■'

Bedford*

—

Bpringiield

4,550,367

467,942,756

1,989,338'

——

fcowell
New

1,625,768

4,535,584

:

1,704,652

"790,978

698,148

1,967,164

"

2,010,351

6)676,7 94

0)300,481

9.2

+
—

5,100,421

Mhode
New

Islandr—Providence

Hampshire—Manchesteir.
im:

Total

—

....'

9,514,456

28,849,800

;

21,000:219

9,408,127

New Haven

4,625,094

22,837,172

-£

Connecticut—Hartford

28,879)706:

1,535,984

1,102,641

575)235,163

540,954,633

3,972)070

.

373,523,188

+ 16.7

+13.3

748)0593,677,620

-

383,215,868

1,235;499
.

s

1,032,327

436,483

430,452

+

2.1

1,601,818

1,344,816

5.8

—

4,560,032

York—Albany—,

Rapids

;

Moines

1,712,466

Jamestown

2,279,201

York

Bochester

2,365,483

92,313,881

Buffalo

New

11,311,350

2,885,056

Blmira

7,087,624,033

+ 10.4

3,041(674

+

8.7

19,252,654

17,314,390

—

1.2

6,224(067

5,292,641

0.1

22,999,500

19,097,400

+ 39.3

683,793

694,727

—

4.6

+

438,571,751

430,267,895

69,380,000

72,600,000

+ 34.6

1,435,841

39.9

1,117,582

.1,628,887

7,798,666,471

+

16,485,516
9,779,080

10,520,004

604,544

•645,447

9.1

7,037.263,125

5,547,011,169

5.4

11,421,000

10,898,808

+ 10.4
—: 6.3




37,985,918

+

8,017,171,292

6,902,108

8,221,772

5,718,104

8,111,636

;

—

574,274

^ 520,455

1.8

+

47,521,592

7,330,053,979

1,594,731

+

+ 10.1

38,664,895

—

955,412
-

—

52,198,107

Northern* New Jersey

$0t»l (12 cities);—

1,305,865

+ 16.9

1,271,896

ll,eiQ;o59

Newark

68,270,851

58,126,713'

1.7

4,633,297
281,337

—15.7

lOf,655,811

5,162,027 >
338,579:;
98,804,820

3.3

462,631,954

430,705,850;,

600,978,220

+ 48.4

+

1,203,574

+ 22.5

662,460

9,551,537

+

5.8

4,418,110

+ 18.2

6,240,424
3,602,260
•2,745,212
34.358,000

4,586,479

+ 17.7

46,033,000

+ 15.8

4,499,444

+ 11.8

13,149,341*

+ 12.7

^0,326,863

.3,663,754

+ 50.7

8,804,405
524,337

882,193

659,859,551

2,788,292

2,568,498

9,804,853

+ 25.4
+ 33.5

2,957,512

+ 29.2

845,500,511

2,140,492

.

r

3,082,920;

14,077,297/;
7,307,682

556,251,925
1,647:361;
7,383,314
2,417,304

8.6

3,699,982
L

984,970,638

+ 15.3

+

7,819,008

4,938,300
'

+ 13.4

1

4,742,607
3,293,492
31,542,000
4,339,043
8,234,050,

38,544,1391,

3,131,195

15,520,096

9,506,851"

,3,821,101

.

39,1O4;970

+ 14,2
+ 33.1

760^ 687' 520

(17 cities)

+ 19.9

3,209,252

1,017,813

.

.

2,765,769
11,265,292

21,229,326

14,325,320

580,645 ;
5,285,986

512,69b
490,422,606
1,663,102
6,386,778"

,

2,235,377
2,260,761

+ 16.3

698,605,422

624,511,176-

1.6

214,700,000

.

209,700,000"
75,062,688i.
55,098,783
1,156,000

Eighth Federal Reserve
District—St. Louis—

Missouri—St. Louis
Kentucky—Louisville

+•■

284,100,000

279,700,000

125,935,711

113,776,347

96,260,726
1,777,657

98,673,806

508,074,094

Tennessee—Memphis
Illinois—-Quincy

493,522,583

+

+ 10.7

85,390,258

2.4"

48,703,876

—

Total

_

(4 cities)

+ 29.5

974,686

2.9

349,768,820

341,017,471

+ 18.7

5,769,766

38.6

208,041,902

4,699,731
171,272,655
53,935,958

+

Federal Reserve
District—MinneapolisI

Minnesota—Duluth

7,867,437

Minneapolis
St.

1,372,430

Paul

6,629,538

353,753,920
96,169,604

„

255,201,372

+

76,779,337

+ 25.3

Dakota—Fargo

62,551,050

South

7,191,128

Dakota—Aberdeen..

5,624,741

+ 27.8

3,873,588

3,263,330

+ 18:7

4,039,852
2,402,322

4,093,807

2,946,220

+ 39.0

Montana—Billings
Total

—

8,952,214

(7 cities)-.

481,901,698

10,205,787

360,650,325

3,289,012
1,752,332
1,751,245

—+12.3

1,864,633
5,175,822

+33.6

289,845,947

241,478,669'

+ 39.4

164,614

+ 39.5

19:6

366,721'
4,115,085

+ 31.0

85)047,958

205,661
249,229
3)680,944
71,168,825
2,326,284'
8,933,407
212,382,165
5,711,844
1,023,016

1

4,777,736

Nebraska-—Fremont
Hastings

409,254

577,748
6,938,431
131,865,743-

Kansas—Topeka

z

6,972,255;

Wichita

414,107

6,066,573-

+

+14.9'

3:452,751

+15.4
+ 18.6

229:140,062

76.L

7,256,932

10,735,910
344,244,803
11,210,580
2,283,374

Colorado—Colorado Springs
Pueblo

(10: cities)

6,364,496
1,195,137

+

1,518,383

+

517,065,190

City

St. Joseph

9,302,161
290,317)148

1,827,092

Missouri—Kansas

Total

293,554

5,801,523
100,654*989

7,571,534

+ 91.1

1:545,142

20.3

972,031

833,448

421,928,071

+22.5

339,638,410

306,520.823

Eleventh

Federal

Reserve

7,336,097

—11.1

District—Dallas-

Texas—Austin*

6,518,351
256,$13)009
25,984,599

Dallas
Fort Worth

Galveston
Wichita Falls

7,654,000*

217,448,000-

+17.9

4,134,258
144,436,000

145,032,000

19,180,470
5,128,000

+ 35.5

10)61,2,058.

15,029,204

+

49.3

,

3,569,000

2,538,286.

4,434,300;
1,467,169
5,439,591

3,058;357

+ 25.6-

1,767,908

7,986,931

+16.9

6,052,895

308,862,353

(6 cities)

2,434,951

9,334,046

Louisiana—Shreveport

259,514,449

+.19,0

176,572,719

173,940,550

95,481,058

102,407,289
2,928,728
86,939,837
30,696,716

6,944,156

1,570)766

17,373:644

;

8,830:340'

+ 22.0

10,762,237

Connecticut—Stamford*
Now Jersey—Montclair

6.3

+

"

^

Syracuse'

5.1

—

2,503,759*

78,989,668

„

6.9

+

5,772,740

28!246,770
;—

%

Total

12,025,256

Binghamton

^

1,793,676 jl
50,232,818

+

71,508,179
93,411,489

60,334,741

Sioux City"—_

3,915,836*

S«c«nd Federal Reserve
District—New York—

Mew

„

1,921,877
55,642,440

5,032,446
14,817,208

..

Wisconsin—Milwaukee
Des

15,323,037
42,700,525
156,800,000
2,423,655

+ 20.4

2,853,121
-

\:\

2,404,809

5,398,663
53,297,000

_—

■

1.7

—

1,473,886

Indiana—Fort Wayne
Indianapolis

Iowa—Cedar

4,614,742

14;306,239
46,606,293
166,900)000*

8.6

10,102,421
5,220,550

Z

Omaha

1,037)913

0.3

4.7

+

1

Rtoroe.ster--

2,581,0441
41,076,7051

District—Chicago—

Rapids
Lansing

South
Bend;
Terre Haute

+ 18.4

+

327,347
124,096,659

Arbor

Grand

Lincoln

'

489,768,140

—

Massachusetts—Boston

101,399,544;

2,355,866-

+ 11.0

620,562,663

(10 cities)

Michigan—Ann

16,202:185

485,664

'

1,774,661

9.5

+ 17.7"

63,802,758
218,499,000

104,629,516

Louisiana—New Orleans
Total

a

164,816,201;

+

3.0

Tenth Federal Reserve
District—Kansas City1048'

r

Mdiner—Bangor

1,395,925

6,938,000;

180:362)792
40,846,3-71

+

North

20

or

Dec. %

First Federal Reserve District—Boston e-W

6,387,000
104,160,481

4.3

3,433,520
76,458,524
98,137,395
5,672:877

week ended Sept. 20 for four years:

1947

1,483,000

+ 27.0

+

19,283,205
70:625,884

Mississippi—Vieksburg

306,520,823

259,514,449

.

detailed statement

our

+ 25.9

8,928,000

237,300,000
4.534,078

ZZ
zzzzz:
ZZZI

Alabama—Birmingham

Helena

I

2,322,839

1

Macon

Ninth

517,065,190

308,862,353

44.

7,292,633,807

3,832,558

241,478,669

430,705,850

624,511,176

44

112 oltles

7.0

2,915,079

148)177,201
3,550,469
218,675)242
72,865,050

44

Outside New York dty.

20:095.300

—11.3

341,017,471

360,050,325

:

• 4

M

+ 26*

439,267,895

869,312,411

838,563,997,

124,998,322*
247,117,593
22,252,600

-

Augusta

$

"

4.6

—

779,987,797

3,865,513

141,513)192
239,557,960

5.3

;

Nashville

Georgia—Atlanta;

1944

+

915,566,414

41

3,835.571

8.3

—

District—Atlanta-

*

Decatur

II

llf

5.2

+
—

504,221,247

.

Sixth Federal Reserve

Total

Dec. %

n

575,235,163

695,164,000

3,'924)301

3,894,725

Springfield
or

687,443,834

6,198,509

Rockford

Inc.

8,653^900;

76,016,677

Chicago

CLEARINGS
1946

7,596,242
166,590,863

257,466,866

Columbia—WashingtonZ

.

Week Ended Sept,

1,659,783,

,

24:047,900

Peoria
SUMMARY

5.3

+

304,088)284

2,924,095
11,337,000
152,581,884

Illinois—Bloomington

by Federal Reserve Districts:

summary

1,573,943

District—Richmond—

this

Chicago Reserve District has managed to enlarge its totals by 16.5%, the St. Louis
District

809,312,411

779,987,797

cities)

Florida—Jacksonville

of 4.6% and in the Philadelphia Reserve District of
5.3%.

Reserve

4,136,075,

+ 19:5

289,295,882

ZZ"
Carolina—Charleston"!!!'.

Total

present, further below,,

we

Outside of this city there was

clearings at this center having recorded

a

8,675,673-

+ 26.3

the week

as

f/

cording to the Federal Reserve Districts in which they

the totals show

—32.4

5,096,688

7.079,050

appear

ings for the whole country having amounted-to $14,380,257,840 against $14,461,775,779
ill the

(7

District

has to be estimated.

cases

1,691,991',
2,605,441
1,342,394

1,908,283

30:395)200
4,450,029

Richmond

9.7

+

much

as

1,818,054
3,207,173

3,322,759
14(288,636

7,987,851
152,708,839
288,070,346

„.

Virginia—Huntington

South

—10:6

874,386,407

however, which

to give final and complete

+ 10.1

915,566,414

Maryland—Baltimore,

In the elaborate detailed statement,

3-.4v

+ 22.5

849,068

1,590,109
675,000,000

9,617,515

cities)..

Fifth Federal
Reserve

ends Saturday and the Saturday figures are not available at time of
going to press.
j

+

4,620,849

2.075,478

v

488,011
1,283,309

6,436,224

Jersey—TTentoru.

Pennsylvania—Pittsburgh

+ 31.3

$13,836,323,784 $12,612,074,652

Accordingly^ in; the above the last day of the week;
?

5.7

5,661,373

Youngstown

H

■

+

2,8*0;823

2,284,480*
3,972,144

Cleveland
Columbus
Mansfield

Complete, and exact details for the week coveted by the foregoing will
issue of next week.

+ 28.7

831(000:000

2,906,083

Scranton

(11

.

878,000;000

York

Ohio-—Canton,
Cincinnati".

6.9

+

$11,737,688,245

781,830,278

Total all cities lor week

our

3,209,099

Virginia—Norfolk-

$13.0^4,493,506

cities, five days

All cities, one day

,

4.7

—

$9,663,749)450

2,723,438,540

Other cities, five days

in

__

+ 33.8

282; 504,584

$10,3^1,054,966

Ten cities, live days

Total ail

218,035,455

296,648,145

.

468,1241278

3^.986,100

Pittsburgh;

+ 11.5

3^p.769,000

St. Louis..
San Francisco

I

Fourth Federal Reserve
District—Cleveland—

+ 33.7

230900,000

Kansas City

510,627,260
650,000)000

4^5,938.569
2^9,621,479

Boston

1944

$

1.5

+

873,000,000

Philadelphia

1943

927,687
1,385,266

*

$6,670,975,131

or

Dec. %

Chester

Lancaster

Total

.

#47

Sept. 27

Inc.

«

43

20

Bethlehem

New

Week Ended

1946

Sept.

District—Philadelphia—

Delaware-^wnmingtoiT'ZZZZZ

for the week follows:

mary

Third Federal Reserve

Wilkes-Barre

gain for the week ended Friday of 1.5%.

a

1947
I

an

based

us,

Week Ended

29,350,756

24,375,730

9.8

49,482,175

8.6

7,225,615,729

Twelfth Federal Reserve District—San

Washington—Seattle

City

California—Long Beach
Pasadena

—

——

San

Jose

:

432,874,453.
,

Santa Barbara.

Stockton
Total

13,556,198
4,479,724

4,806,821

-

^

'

,

■

,

+ 18.5

1.8

3,718,163

+64.5

86,510,630

46,370,194

+23.6

34,900,081

9,072,558

+15.3

7,443,788"
436,123,257

+

8,040,699

4.4

5,253,956

4,090,558

—

0.7

351,772,000

335,448,000

7,564,566
2,689,241
5,252,634

+11.2

7,319,556

3,977,622

+12.6

2,415,909

+

9,638,145

853,756,604

750,154,496

14,380,257.840

14,461:775,779

7,292,633,807

6,663,109,308

8,932,409

+

12,187,046

9,976,463,

(10 cities)

Grand Total (112 cities)
New York

Outside

111.137,489

7,774,614

Francisco

San

40,760,322

' 5,720,796,388'

Lake

109,398,876

4,895,077
182,848,146
57,295,876
10,458,812

Oregon—Portland
Utah—Salt

Francisco—■

129,597,241

Yakima

3.5

6,326,216

+13.8

601,747,328

586,950,068

—

0.6

12,270,040,393

10,585,680,104

+

9.4

5,232,777,268

5,038,668,935

yjp.

44

THE COMMERCIAL & FINANCIAL CHRONICLE

(1292)

Company and Issue—
Montana
Now

reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
ended Sept. 17: Increases of $139,000,000 in commercial,
industrial, and agricultural loans, $323,000,000 in -hold¬
ings of United States Government obligations, $148,000,000 in demand deposits adjusted, and $319,000,000 in
demand deposits credited to domestic banks.
Commercial, industrial, and agricultural loans in¬
creased in all districts, the principal increases being
$48,000,000 in New York City, $31,000,000 in the City of
Chicago, and $11,000,000 each in the Cleveland Minne¬
apolis and San Francisco Districts. Loans to brokers
and dealers for purchasing or carrying United States
Government securities decreased $115,000,000 in New.
York City and $130,000,000 at all reporting member
banks.
Real estate loans increased $16,000,000 in the
San Francisco District and $19,000,000 at all reporting
member banks.
"Other loans" increased $51,000,000.
The condition statement of weekly

of Treasury bills increased $243,000,000 in
New York City and $265,000,000 at all reporting member
banks. Holdings of Treasury certificates of indebtedness
Holdings

Power

Rflvpn

General

1st mtge. 4s, ser. A, due 1961—Oct
Penmans Ltd. 1st mtge. 3V4% bonds; ser. A, due 1966—Oct

14
1

1153
1055
1055
t3327

North Shore Gas

Co.,

and

ref.

Tennessee Gas

29th

Street

and

investments—total

leans—total

:—_——

—

Commercial

21,383

+

.

to

chasing or
U.

Shoe

Brake

Anglo-Chilean Nitrate
Antilla Sugar

"

securities

Other
Real estate

.

Gas

Amsterdam

_1*~

130
+

499

•

2nd

+

17

+

94

51

+

/ 780

+

265

+

196

4,146

+

51

2,711

+

3

194

3,224

—

1,077

indebtedness
—:

of

,

4,907

—

2,638

—

31,088

+

4

+

513

4,309

+

35

+

236

—

Reserve with Federal Reserve Banks_——

12,348

bonds

Other securities
Cash

in

vault

+

791

—

—

+

2,512

Ralances with domestic banks

+

+

47,498

+

148

+

1,256

14,510

+

2

+

776

973

—

61

+

319

+

86

1,435

+

4

+

46

+.

1

+

25

,

189

—.—;—

———

during week

JVol.

Co.

&

Iron

Corp.,

a

Home

News

Co.

States

common

Wire

Co.

Company and Issue—

Page

Date

,

Sugar Co., preferred stock
Oct
6
Cincinnati & Muskingum Valley RR., 1st mtge. 4% bds—Sep 30
EUicott Square Co. of Buffalo, 1st mtge. 5s
Nov 14 /
Lit Brothers, 6% preferred stock—
Nov. 15
Pittsburgh, Cincinnati, Chicago & St. Louis Ry.—

Topeka

Consolidated mortgage

bonds, ser.

"E"

to

"J," incl._Sep 30

PARTIAL REDEMPTION
y

Company

and Issue—

Ambassador East, Inc.,
American Cities Power
Class

A

American Tobacco

20-year

Nov

Page
1145

1

»

1st

367

Class A

6 %

' *

'

1150

-Oct

bonds, due 1959 (as ext.)
Oct
Hygrade Food Products Corp.—
1st & ref. mtge. conv. 6s, ser. A and ser. B, due 1949_Oct
International Rys. of Central America—
5% 1st mortgage bonds——
Nov
Lorillard (P.) Co., 20-year 3% debentures, due 1963—Oct

1

1051

1

*

Maine Public Service Co.—
;

1st

mtge. & collat. trust bonds, 2%%




&

bonds—Oct

1

761

Oct

1

1053

debenture^ due 1958-,-Qctt lit £ J053:

10-

10- 3

$1.75

10-15

10-

1

1
3

6»/4C

10-

1

9-24

$2

10-

1

9-20

10-

1

9-20

30c

10-10

10-15

10-

11-15

10-15

30C

(quar.)

10-10

$50c

—_

10-15

10-

$1.50

(quar.)

9-30

9-30

9-30

$1.50
87 '/2C

1

1

9-12

9-30

11-

25c,

9-12

1

10-20

11-15

11-

1

25c

10-15

10- 3

93%c

10-15

10- 3

quar.),,

10c

10-

'

I

9-25

•

25c

9-18

9-30
9-30

9-30

$1

10-20

10-10

$30c

11-25

10-31

$20c

11-

1

$75c

11-

1

10-15

$37'/2c

11-

1

10-15

.

,

Ltd.,

common
(quar.),,
(quar.)——,—
(quar.),—__

preference

$50c

Corp. (initial)
Metals & Supply Co.

Square

Massachusetts

10-15

9-25

10-15

17c

11-

1

10-15

20c

(quar.),.

-—

11- 3

10-15

9-30

9-20

$1.50

11-

1

10-15

(quar.),,—

$15c

12-

1

11-15

$25c

10-

2

9-15

10-10

10- 6

(quar.)

preferred

$1.50

(quar.),,—
Railway—

Street

50c

11- 1
10-31

1

10-

1

10-

1

10-1

9-20

10-1

9-20

$2
20c

9-30
11- 1

9-30

65c

-40c
" 60c
$1
$$1
t25c
$1.25

9-29
10-15
10-15
10- 1
11- 1
10- 1
12- 1
10-15
9-25

50c

9-15

8-30

$10c

(Ala.)

(quar.)

Co.,

Co.

(quar.)
'

(quar.)

„

Power, Ltd.

Ltd.

—

(interim)

(s-a)

—

preferred

1

preferred

(increased)

9-30
9-30

(quar.)

:

10-20
10-15
10-15

(quar.)
(quar.)_,
<1927

L

series)^

Canadian: investor mp.

(quar.)

$1.60'

37(4c

(quar.),,

Association

& Dominion Sugar

$1.75
$1.60

,

California Packing Corp., common
5%
preferred (quar.)____
Insurance

40c

\

10-15.

9-16
10-17

9-30

(s-a),_

■
.

$20c

X, 12-^1

; ktiac i

llt-fii

10-8

9-24

9-25

9-2,-5

1

9-24

10-25

10- G

10-25

10-

10-29

10-15

10-29

10-15

11-15

11-

6

1

9-18

1

9-18

10-

1

9-18

11-

1

10-15

25c

10-

1

preferred
(quar.)

Co

(quar.),,
—1,^

•

9-28

15c

—

11-

1

10-17

37J/2c
$20c

11-

1

10-10>

11-15

10-17

$$1.25

11-

10-

1

8

20c

10-15

9-30*

50c

10-25

10-18

10-25

10-ia

$1,121/2
25c
75c

10-

9-24

1

9-30

9-2»

$62y2C

10-

1

9-25

$62>/2c

10- 1

9-25

$$1.50

10-

9-25

1

__

$1.75

10-10

30c

10-10

25c

11-

1

10-15

11- 1

10-15

$2.50

10-21

10-

X

IV2C

(irreg.)

11-15

11-

1'

9-30
9-30

50c

Knitting Co., common.

Gas

;,

,

convertible

$4
HInes

preference

(Edward)

(R.)

& Co.,

class A

11-10

Holly Development Co.

10-6

Home. Gas

& Electric

10- 1

9-19»

10-

1

9-11'

11-

1

10-15

50c

9-30

9-18

50C

9-30

9-18

40c

10-1

9-22:

10-22

10- 3:

10-15

9-30

10-16

9-30^

30c
40c

9-28

9-29
10-

9-25

1

$1

(quar.)

(initial)

10-17

10-

40c

10-31

10- 8

93%C

—

10-31

10-

t.

1

8

$1.25

11-15

11- 4

37,/4c

11-15

10-25
10-25

$1

(quar,) —__L:—

(guftt)

9-10

37l/2c

(quari)^-,,,,,

(quar.)

1

5c

(quar.)

Lumber Co.

10-

15c

_______

Hershey Chocolate Corp., new com.

.

9-10

50c

Co,,

Co

1

68%c

preferred

Brewing

10-

$1.25

——

Co.

Cooley

preferred (quar.)
Hercules Powder, 5% preferred

10-31

SOcLVll-;!

9-30

10-

1

3% %

"

62(^c

10-14

10-

Lithographing Co., common,,
6% convertible preferred (quar.),,
Haverhill Electric Co.
(irreg.)
Haverhill Gas Light Co. (quar.)
Haytian Corp. of America,,
Hecht Co;, common
(quar.),

9-30

10-31

Co.

preferred" (quar.)",

Harvard

9-30

11-15-.

9-30

10-15

10-

Havana

9-26

11-1^,

-

9-30

10-15

$1.50
75c
12V2c

common
(quar.)
(quar.),,,,—
Hartford Steam Boiler Inspection & Insur¬
ance
Co. (Hartford)
(quar.)

9-30

(initial)

com.

'

9-30

10-15

12V4c

—

Inc.

H.)

(P.

&

8%

9-26

$1
$1.50

conv.

Baking

Hartford

10-14

-

5%

Mills,

10-15

——_—75c

Co.

(initial)
Hartford Electric Light (quar.)

10- 6

11-

Co

Process

Mobile
Ohio RR., $5 pfd.
Products, Inc. (initial)

5%

9-15

'

(cash dividend)

(quar.):

Hart

9-30

10-16

$1

1

8-16
9-23

50c

9-25

10-

12-16

9-30

5%

Kleiser

Co.,

Hanes

10-10

11- 1

Co.

preferred

Gum

9-19

$$1.50

,

common

Gulf

9-30

20c

com.

new

9-23
9-30

J$1.50

:

1-2-48

4-1-48

50c

10-15

,

!

(quar.),,,

Brewing

Company,

10-10

L

■

9-23

$1.75
50c
$25
75c
$25c
$25c
10c

dividend

(quar.)—
General Steel Wares, Ltd., commou (quar.)
5%
preferred
(quar.)
Gerity-Michigan Die Casting (quar.).
Gimbel Brothers,
Inc., common (quar.) —
$4.50 preferred (quar.)
Good Humor Ice Cream of CaliforniaPreferred series A (quar.),,
Goodman' Manufacturing Co..
Gordon & Belyea, Ltd., class A
(quar.)—T\
Glass B
(quar.)
—
6% 1st'preferred (quar.)—
Goulds Pumps Inc., 7% preferred (accum.),
Greenfield Tap & Die Corp. (quar.)
Griess-Pfleger Tanning Co. (quar.)

9-26

50c
75c

1

Co.—

;

(quar.)

6%

9-26

_

Co.

Galveston-Houston

9-23

35c
43%c

Dyeing

(quar.)

Frick

9-25

10-

&

B

Pitt

Franklin

10-17

1

Cleaning

_—

General

I

10-

$1.50

(quar.)

Associates Co. (irreg.)
& Wallace, Inc., $3 class A (quar.),
Ford Motor Co. of Canada, Ltd., class

General

10-

50c

Conduit

Gabriel

6

10-10

$2.50

Forbes

&

10-

(Wash.,

Corp,

Fifty

Foster

1

(Syracuse,

(quar.)

preferred

Stock

6

11-

50c

Ins.

—

common

United

Class

10-

15c

Life

—

preferred

Fort

9-22

10-15

75c

(irreg.)

(quar.)

C.),

Fibre

9-20

1

$2.50

Light

Services s Finance

7%

10-

25c

(quar.)

Frocks

Fenton

10-15

10-

Y.)

9-26

25c

(quar.)

Extra

10-15

50c

9-24

$1.25

(quar.)

Co,

preferred

Traders

&

6%

9-23

1

Gas

Phonograph Corp.

Electric

River

D.

9-23

11-

9-24

1

Inc.

Federal

—

i

5%

Quarterly

10-20

$1.50

(N. Y.)

Mills,

N.

9-15

7c

1

10-

5c

35c

&

Fashion

10-20

11-1
10- 1

10-

$1.25

i

—

(quar.)

Consolidated

Farmers

10-31

10- 1

12-

$1

preferred

Fire

1

11- 1

17'/aC

____—

(s-a)

Radio

Fall

10-15

$1.12

Manufacturing Co.,

Canada

8

10-25

(quar.)

Ale

Esquire,

9-23

Company
;
Bullock's, Inc. (Los Angeles) —
4%
preferred
(quar.),

Camden

10-

75c

Telephone

Esmond

10-15

1

:

preferred- (quar.)

preferred

951

10-

10c

Ltd.

preference

Elizabeth

10-20

10-

(quar.),,

preferred

951

8

(quar.)

Elgin Sweeper Co.

10-10

10-1

.

(quar.)

Corp
Columbia Telephone Co.—

6%

1

10-

Washing Machine, Ltd. (quar.)—___
Elqctric Boat Co., $2 preferred (quar.),,.
Electro Refractories & Alloys Corp.—

10-15

$25c

Co.

951

1

i

37J/2c

.

(quar.),

Yards

6%

.

25c

Easy

9-30

5c

(quar.)__

_

(quar.)_

7%

ser., due 1975_Oct

—

com.

(quar.)

760

1

1

11-20

$1.50

preferred B (accum.)
Eastern Steel Products, Ltd.

7

11-15

30c

Buda

6%

11-

5c

(quar.)

(monthly)

common

G,)

Inc.

2nd

1

6%

5

11-15

$2 ~

„

California-Oregon Power,

3s, due 1974_'—Oct
: "!'

Maritime Electric Co., Ltd., 4y2% 1st mtge.
5(4% general mtge. bonds due 1956

Mayer-(Oscar)." & Co., Inc< 3

468

11-

' 10-25

$1.50

Brass

Butler

1

Stock

1st

5

12-

common

Corporation
Magnesia Talc

9-30

10-21

62 (4c

(quar.)

(T.

11-

(quar.)

(quar.)

Eastern

10-14

10-15

11-

25c

Wilcox,.

Edison

British

6%

10-10
11- 1
11-15
11-28

$3

(quar.)

Brazilian Traction Light &

Bristol

5

11-20

20c

Eastern

Inc.—

Co.,

Birmingham Fire Insurance

6%

income

Louisiana Power & Light Co., 1st mtge,

Seal,

&

convertible

Ducommun

1

Beverly Gas & Electric (irreg.)
Hats, Ltd., common (quar.)!

Brink's,

9-20
11-

Co

Fabrics,

1st

Eastern

10-20

25c

Ry

prior preference

Banking Corp.,

preferred

Bright

9-26

1

$1

(W. S.) Clay Mfg. Co;—
Bridge Co., Ltd. (quar.)—

Dominion

9-25

10-30

$1.25

,

Bourbon

IJotel Alms and Hotel Alms Service Bldg.—
:

Fe

52
948

10- 1

15c

Santa

60

1051

10-

11-20

Press,

2nd

1

;

&

preferred

Boston

11-20
10-10

50c

1st pfd.

Telephone Co., common
(quar.)__

6%

3

;

Commercial Corp,

A

1

10-25

10-10

62 Vic

—

Sons,

Sexton

State

9-25

1

10-

Biltmore

1041

10- 1
10-

10-

(quar.)

Mills,
&

Class

12-

6c

$1

preferred

9-22

10-

Telephone Co. of Pennsylvania
Benrus Watch Co.
(quar.)

1146

U-20

9-24

25c

(quar.)

Ginger

9-25

10-31

;

Associates, common (qflar.)_„
7%' preferred (quar.)
.——
Belt Railroad Stockyards Co.; com. (quar.)
6%

10- 1

10-15

(quar.)—

1146

-

Telephone & Telegraph Co.—
mtge. 3J/4% bonds, series A,' due 1967

Co.

1041

1

debentures due 1962_
Oct 15
debentures due 1969
Oct 15
American Viscose Corp. 5% preferred stock
Nov
1
Armour & Co., $6 convertible prior preferred stock
Oct
1
Bethlehem Foundry & Machine Co., 1st mtge. 6Y2s
Oct
1
Cleveland Union Terminals Co.. 1st mtge. 5 Vis. ser. A—Oct
1
Firestone Tire & Rubber Co., 4(4% preferred stock
Nov 15
Great Lakes Power Co., Ltd. 1st mtge. 4V4s, ser. A
Nov
7
Great South Bay Water Co.—
1st refunding mortgage 5s (ext. to 1949)
Nov
1
Hartford Electric Light Co., 3% debentures, 1937 series-Oct
1
Home

6%

1

common

Inc., common
3(4% preferred (quar.)
Dana Corp., new common (initial
3%% preferred series A (quar.)
Dean (W. E.)
Co. (quar.)

9-19

1

10-15

Bell

Co.—

3%

&

preferred

$4.50

12-

.

25C

r:—

&

Forster

8

12 (4c
683/4c

(irreg.)..

Beacon

3%

25-year

954

10-

10-

$1.75

Badger Paint & Hardware Stores
Bankers

' * Date

■

Babcock

-i

1st mtge. inc. bonds due 1952—Nov
& Light Corp.—
*'

stock, 1936 series

Avondale

*

10-25

50c

,

Bottle

preferred

947
1149

:

,

■

'

♦

&

&

6%

9-30

10- 7

15c

„

common

Cable

(quaih)——

Class A

$1.50

10-15

Corp.,,,,:

B.)

Cork

Crum

(Kansas)—*

Corp
Light

Gas

Nichols

1143

9-24

11-17

$1

(quar.)

Heater

(C.

Crown

Payable of Rec.

10c
25c

(s-a)—

Plywood

Austin

1

(quar.)——

Corp;, 5%

preferred

5%

25c

Convertible

Caribbean

&

Corp.

Automobile

TENDER

(quar.)

common

Equipment Ccrp

Attleboro

10-

10c

Holders

15c

Extra

Atlas

$3.50
1

Qreamery Package Mfg.

995
995
1097

50c

(s-a)

Telephone Co.
preferred (quar.)

Atchison

1

(s-aj

Co.

Gas

10-

1056

25c

-

(quar.)

Utilities,

preferred

Oil

$1
25c

—

(quar.)

preferred

Common

Wheji

$1.25

—

(monthly)
(bi-monthly)

Co.

Thermos

Aro

—

Products

6%

(Reading, Pa.) —

& Casualty

American

Argo

9-19

50c

Rubber

Cottrell

764
1056

are:

50c

Products

Anaconda

preferred and common stocks called for redemption,
Including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
OF

week

pfd-

conv.

(quar.)

Smelting & Refining,
1st preferred
(quar.)__

5%

list of corporate bonds, notes,

NOTICES

this

——

Fidelity

5 (4 %

9-24

(Iindianapolis)

Co.

Refining, common,,
7% " preferred
(quar.)

*

25c

Bemberg

American

Notices

■

2nd

*

20c

pfd.

American

.

.

1

25c

non-cum.

5%

Distilling

7%

9-20

1

of America,

preferred

Corn

69
' *

Share

American

Below will be found

4%

second table in

a

(quar.)

Casualty Co.

American

2

10-

Papeir Co.

Corp

Dominion

(quar.)

American

Redemption Calls and Sinking Fund

9-20

10-

50c

|

Container

164.

B

American

2

Dominion

follow with

announced

$2

American

20,389

—

Class

American

10-

(quar.)„__

Royalty Oil Co. (s-a)
Consolidated Textile Co., Inc. (irreg.)
Consumers Public Service, 5%
pfd. (quar.)

571

Jan
1
Oct 15
—Nov
I

IVol.

165.

Quarterly

demand deposit accounts except
interbank
and
U.
S.
Govt, accounts,

Debits to
.

Inc.,

Aggregates,

American

10,047

Borrowings.

Investors,

America

5c

Inc.

Natural

Emerson

Alabama Fuel

Interbank demand deposits:

9-20

(s-a)

Extra

$2004

—Oct 25

T

of Company

Air Reduction

4,902

—

10-1

.

dividends

Name

Air

Foreign banks

preferred

Converse

2

Per

Liabilities—

68 %C

9-30

previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week .when
The

9-22

(quar.),

9-24

Cuneo

46

■

1

10-15

51

+

10-

9-15

declared.

517

82
63

118

25C

9-30

Cuban

we

,—

1

Crlbben

notes—

due 1953

Then

9-20

1

10-

which we'show the dividends

1,006

19

.

9-26

1

10-

11-20

grouped in two separate tables. In the
bring together all the dividends announced the

we

1

10-

6

10-

50c

are

current week.

18

—

+

'3,208

—

—

._

first

10-

25c

1

$2c

DIVIDENDS

673

5

1

43%C

$1.12Y2

(quar.)

Diamond

Dividends

!„—

Consolidated

951

—

Wentworth Mfg. Co., convertible preferred stock
Windsor Gas Co., Ltd. 1st & ref. mtge. 5s

157

—

10-10

(quar.)!
Co., $2,75 preferred

Consolidated

Ccrp.—

this issue.

10-1

1

preferred (quar,),,
Y.)
(quar.)

(N.

Breweries,

Coroaire

(extended at 5%)

•Announcement in

10-15
11-

:

Co.

Consolidated

Welsbach Engineering & Management Corp.—

Collateral trust 5s,

11-

4(4%

preferred

7%

.

due 1950
Oct
(Hamilton), Ltd., 1st mortgage 5s—Jan

7%

mortgage

40c
5c
10c

(quar.),,,,

Y.)

Mines, Ltd. (interim)
Printers, Inc. (increased quar.).
Consolidated Car-Heating Co. (quar.)
—
Consolidated Dry Goods Co., com.
(quar.)

San Francisco Terminal—

445

_

7

476

—

——

loans

Treasury bills —
Treasury certificates
Treasury notes U 8.

4s,

11-1

Connecticut

*

1

preferred

mortgage

11-15

Extra

—

1st

9-20

25c

quar.)

9-30

$2004

Co.,

1

(quar.),

Diamond

•

Other

1948/1959, incl._Oct

9-22

1

10-

Coniaurum

1148
1050
*
854

5%

Pacific

10-10

10-

pfd. (s-aK,

$1

:4%

.;

12004

Southern

10-25

50c

(N.

Columbia^ Mills,
Inc
Commonwealth
Loan

■■

5s, due

oi Colorado—

12-19

$1.25

Bank

Co.

Radio

Dickey

449

———.—

loans to banks
:

Collins

i

Co.—

10-20

Co

(increased

Paper,

Trust

(Dan>

2,946

475

—

loans—

Clinton

1147
12142

series P, due 1965—_—-Nov 17
debentures due 1950
Nov 1

ref. "mtge.'4s,

carrying:

securities

Other loans for purchasing or carrying:
U. S. Government obligations—.—

1

139

753
754
945
367

'i".V

Co.—

and

10-31
1-1-48

Extra

Estates,
(111.), 7% preferred stock—:
Oct 1
Burrard Dry Dock Co., Ltd.—
1st mortgage 3%
and 3Y2 % bonds——.
Oct 9
Butte Electric & Power Co., 1st mtge. 5s, due 1951—Any time
Edison

Co.

preferred

-

Chillicothe

Page

Co.

&

Armour

15c

,,

CALLED

ISSUE

9-24

10-10

$1.12(4

common

(quar.),,,

Chaser's, Inc. (quar.)
Chicago Corp. (quar.)
Chicago Railway Equipment—

707

stock
Oct 1
7%
and 6% preferred stocks
Oct
1
Republic Petroleum Co. 5(4% conv. pfd. stock, ser. A—Nov 15
-Silknit Ltd. 1st mtge. 5s
Oct
1

3,528

+

National

*

1

X

lc

Transit

Chase

572

Date
Co., 5Y4% preferred stock——-Sep 30
Corp., Inc., debentures, due 1967-Oct 20
6% income debentures, due 1951-Sep 30

pur¬

Government obligations

S.

Other

...

for

dealers

and

brokers

+

+

12,858
I«oans

64

Oct

10-

25c

preference

Candy

7%

bonds, due 1952

1

Co

Charleston

Cohen

ENTIRE

5%

3,072

,—.

Belt

9-18

11-

common,,,

Champion Shoe Machinery, 5^o

agricultural

and

Industrial,

Chain

956
*

Company and Issue—
American

(quar.)
Products Corp.,

prior

Columbia

Public Service Co.

1946

422

1
1

Film Corp., prior pfd.

(now 1st)

United States Asphalt

+

64,714-

375

bonds, due 1948
—Any time
bonds, due 1949
—Any time Phillips Electric Works, Ltd., 1st mortgage 4(4s, ser. A_Oct 15

assets-—

Xaaas

4(4%

10-15

9-30

13c

$1.12(4

Electric,

&

11-15

50c

Process

Gas

Holders

Payable Of Rec.

(quar.),^.—$20c

preferred

Certain-Teed

Corp.—

Towers

2nd mortgage

4%

1

2%% series, due 1966_Oct 1
stock
Sep 30

mortgage pipe line bonds,

1st

4(4 %

& Transmission Co.—

Twentieth Century-Fox

Franklin
Hudson

When

Share

-

Ltd.

Co.'s,

Chase

Purchase money 4%

Sept. 18,

1947

*

mortgage series B

1st mortgage

(—) Since

Sept. 10,

1

1948
Any time
New York Gas & Electric Light, Heat & Power Co.—

Inc. (+) or

1947

.—.—Oct

3V8% bds., due 1971_Oct
Southern New England Ice Co., Inc.—
1st mortgage 4V2s, due 1967
—z
—
Oct
Spalding (A. G.) & Bros., debentures
_Dec
1st

Theatre Properties

Sept. 17,

———Oct 15

Pillsbury Mills, Inc. $4 preferred stock
Safeway Stores, Inc., 5 %
preferred stock
Saint Paul Union Depot Co.—

Oil

•

1054

1st consolidated mortgage

•' '■
Dec.

Central

1

...

(in millions of dollars)

1054

j—-—■———Oct

New

deposits credited to domestic banks increased
districts, the principal increases being $116,000,000
in New York City, $39,000,000 in the Chicago District,
and $33,000,000 in the Richmond District.
* A summary of the assets and liabilities of reporting
>

1

Central

Ltd.—

Light & Power Co.,
5s due 1956—

Oct

1975-

due

Libby, McNeill & Libby, ser. debs., due

in all

■

Canadian

series B,

mtge. 3'/4s,

Per

Name of Company

856

Gaylord Container Corp., 3(4% debentures, due 1957—Oct
1
5(4% convertible preferred stock——
—.—Oct 14
Hinman Terrace Corp., 1st mortgage bonds
-Oct 15

Demand

member banks follows:.

Page

1

f

Fortnightly of Chicago 5(4%

creased

Date

bds., due 1975—Oct

27/s%

mtge.

•

General mtge.

General

$51,000,000. Holdings of Treasury notes de¬
$70,000,000 in New York City, and increased
$55,000,000 in the San Francisco District; the net change
at all reporting member banks was nominal. "Other se¬
curities" increased $35,000,000.
/
Demand deposits adjusted increased $79,000,000 in the
Chicago District, $32,000,000 in the San Francisco Dis¬
trict, and decreased $30,000,000 in the Richmond District.
tJiiited States Government deposits decreased $61,000,000.

ref.

&

Newfoundland

Detroit

Increased

Ho

*

,

1st

Co.,

"WfLfpt*

Monday, September 29, 1947

11-15

25c

10-15

$1

10-15

lc

10-25

SOCKTO? 1

9-30
10-

I

9-30
.7

9-20

THE COMMERCIAL

Number 4633

Volume 16&>

When

Per

,

Name

of'Company

Share

'

Holder•
Name of Company'

Telephone
&« Telegraph
(Fort\
Wayne) (quar:)
J—:
$1
Hooks Drugs, Inc.
(quar.)
:______——
25c
Houder's, Inc. ;(quar.)_;.
—30c
Hotel
Barblzon,
Inc
$6

9*-30
9-30
ll" 1
10*10

9-25
9-20
10-20'
19* 6 s

Ulinols^ Terminal

11- 1

10- 9?

RRlv (quar.)

Imperial Life Assurance
Quarterly,
Industrial

18c

___

Canada—

of

——

Brownhoist

(quar.)

Isle

Royal

Copper-:
L.) Co., 5%

(F.

Jaeger

Machine

James

Johnson

Co., 7%

Service" Co;

Kahler

,40c

L___..

25c;

.

(quar.)

preferred;

Lee

Rubber

&

Tire,

Sanborn

>

Savage

10-

1

9-19

10-15

9-30

$1>

10-10

$1.12y2-

(quar.)_

10-1

25c:

Co.

Leland

(irreg.)

Co.

Longhorn

of

City

2nd

&

$1.30

10-15
10-

$1'

10-

10-10
10-10

10-

20c

10-

75c

Minnesota

&

voting

10-15
9-25

10-31

10-1

9-24

11-1

10-14

10-

1

9-25

10-

1

(Baltimore)

trust .certificates

10-1
10-15

10-

50c

National Chemical

&

.

;

—

National Distillers
National

Folding

Nattonal

Lock

National

Screw:

Box

Neisner

Co.

Britain

Machine

(reduced

Fire

Niagara

Norfolk: &
New

Class

11-1

10-15

$3.50

10-15

$3:70

Rivet

'Texas;

-

Northern

6%

Indiana

States

Transit

BfelF

Telephone

Northwestern--N & fcl b

(Milwaukee)

n a

1

1

10-15

Match

Co.

-(irreg.)
Gas, !

Natural

9-30

10*

1
1

Paeific

Greyhound Lines
Corporation

20c

10*15

$1.50

Panama

Parke
Park

CoCa-Cola

Davis
&

&

Tilford;

10-

10*1;
10*

25c

Pemco? Corp.

$3

1

*v

11-10

9-25

'

Western

9-23

Western

5%

Westvaco

9*3flF'!"

Whiting

$1.75,

•

10-20

9-30

$3.78

.

10- 1

.

75c

>

*

Wood

,.

25c

'

9-22"

10-16

10-

75c

11-15'

$0.59375'
(quar.)

$lV12y2

L._

'

$1.50

*

50c
50c"

30c

.40c

75<i
.

(quar.)

6

Plomb;
Portis

Tool

Style

Portiand

Gas

:

10-

10-15

9-30

fr

10-23

10*

10-10

Chemical

9-20

10*10

9-30

Inc..___._

Co.,

Co.

50c

1

(quar.)

10-

1

10*

11-

1

10-10T

11-

1

10-20
10-1

6

Abbott

$1.12'/a
-

7y2c

1

$3.50

10-15
10-

$3.50

10-15
9*30

(quar,).

11-

10* 1

10c

IT-

10-10

li

10-

10*15

3iy4c.,

r

1

9-17'»

Ltd.—

$$1.75
15c

10*15

11-1

9-16

9*30
?

10-15

114

1

$3iy4c-

11-

1

10-15

$37%o

11-

T

10-15

this

week, these being" given in the

Laboratories

10-16

10-

Aetna

1-

6

9-22?

(quar.)

piior

preferred

(J.

'

'

Payable of Reo.

50c

9*30

9-

8

30c

ii

9430 +

9-

8

Ltd.—

;

_I

(quar.)

Refineries, Ltd.—
partic. (quar.)
Works,: Ltd. (interim)
Stores (quar.)
D»)!'Mfgf; Col (quar.)

_

$37y2c
$62y2o

10*

1

9-

10*

1

9-

2
2

125C '

10t 1

9-10

$25o

__

10*

9-18

15C

10-

1

9-16

T

Corp.;

6% "conv.

pfd.

Life Insurance
(quar.)
Standard Engineering—

50c

5%
preferred (quar.)
Affiliated Fund' Inc—
Extra (payable in;cash or.
stock)
Agricultural
Insurance
Co.
(Watertown,
N. ;Y.) ,(quar.)___.

10*10>

9-18

10-10''

9-18

9*30

37y2C

•

10-

1

9-10

62c

(quar.)

_

9-15

50c

Casualty & Surety (quar.)
Insurance Co. (Hartford)
(quar.)____

7

20C

_

^

9-15;

$1.25

Share

Extra

Aetoa

Prosperity Co.,

Company

Holderr

When

10-

1

9*

40c

10-

1

9-1X

30C

10-

1

9-

5

5

American

Optical

American

Paper

9-27f

9-30'

5C

10-20'

9-26'

10420'?

9*26

350

750,

10*1-;

0-10

10-

1

(quar.)'

9-17

9-17^

.

9-19*v*
9-19*

pfd.

10-

1

10-

1

9-16
9-18

10-1

9**4"

10-

1

9-* 4

(quar.)

25c

10*

1

10-

1

$1.50'

10-

1

>

9*19

10*

1

-.v

9*15

,$1.50

;

30c

9*23

10-15

25o
-

..

.

'9-23

12-15

$1.12Vi-

common

10-

9-30*
9*28

v

10- 1

Co., common
(quar.)

_

12- 1
.

9

$1.18%,

9- 4^

25c

10- 1

$1.50

10- 1

$1.60

10- 1

,9*19

11-14-

10-31

$7

$1.75

9*19

9*19";•

9*30

(quar.)

25c

10-

10c

10-

9-16

1

(monthly)

1

2c

"

9-12

?

0*15* :

10-25

$1.50

(s-a)

10-15

9*30

25c

1010-

1

10-

1

8-29'

-

8-29

-

135c

common

•

1

31V4C

9-15
9*11*

10-1

$1.75

10-

,

9- 8

1

100
of 111.—

Co.,

v-

9-15

9-30

$1.75

97y20-

1

8-11*

Co.

*

(quar.)
i
Light, $5 pfd.

9- 8

9-*'8

9-89

10*1$!

Safety

(quar.)

Raaor Corp.
(irreg.)

(quar,)

Co;,

pfd.

(quar.)

^

9^'B^

10-18

9-18

10-

1

9-20

$1.50

10- 1

9-10

$1.50

10*1
"

.

$1,75

:

'30c

com.

9-22

■

10-13

10- 1*

9*16

11-1

10-9

9-29

-

<

9-13 ?

30c

12-

1

11-20

50c

common

10-15

10* 6

$1

10-

li

9-23

$1.50

11-

1

10*22 '

....

u

$1.50 1-31-48

1-21
9-17''

25c

9-30

533/»c

9*30

9-17

10-10

9-25

10c
com.

(quar.)
(quar.)

prior pfd.

$$1.12y2

12- 1
12- I

10-31

$1.75

10- L

9-20-

$10c

,

(quar.)__

10*317

10c

common

(quar,)___

Common

(quar.)
preferred (s-a)

$5 preferred-(quar.)—
6%

pfd,

(quar.)

Arkansas Power «& Light Co.; $6 pfd. (quar.)
$7 preferred (quar.)
i
-

(Increased

quar.)— n

9-30

9*10

$1

9-30

9-24

$1"
$3

Co.,

Gas

10*1

10c

;

Gas

9-16 ?
9-16 '

$1.25

Corp.

Co.,

10-1

$1

prefei'ence

Cotton Mills

9-18

10-1

Smelting—

Oil, common.
(quar.)_

Apex Electric Mfg., 7%

10-1

15c

(quap;)__

__

Western

■' '

9* flt.

15c

Angerman Co.;, Inc.
Argus Corporation Ltd.

Arkansas

■
1

' 10* 2

$2.25

9-l8.y,:

■

'

•

-

prior preferred' (quart)—!
prior preferred (quar.)__

Natural

1

Co.—.

Processing,

Hocking Glass,

Arkansas

1

10-

$1.75

preferred', (quar.)

Edison

10-

53%c

$4 preferred (quar.)
Anchor Post Products—

6%

9-17'.
5

prior preferred (quar.)
Ampco Metal; Inc.;, common
6%
preferred (s-a)

Arcade

9-20- r

9-30?
9-30?

30o

$5

Arts

,

9*4"

10-1

35c

(quar.)

preferred

't

9-12
9*

30a

(quat.)___*.
American Wringer Co; (quar.)

Anderson-Prichard

1
1

$1.50

preferred

American Yarn &
1 Class B

1010*

12yao

(quar.)
6%

9-19'

50c

50b

common

American Water Works & Electric Co., Inc.—
$6 1st preferred (quai.)
i

conv?

.

9-18

10*15''

25c

Co.

Snuff

■

4»/2%

v

Sanitary

Mill—

preferred

Applied

Hh"

10-1
10- 1

$1.12%

Standard

Thermos; Bottle

6%

12-18

$1.25

—

preferred

4y4 %

8-18i;!

.

$1.50

4y2 %

'

9-18

10-1

,,

<20o

&

American Tobacco Co.,

6%

9-18

9-1$.

11.75

(accum.)_

(accum.)

American

Anchor

v

9*30
9-30'

40o

preferred
(quar.)
American Spring of Holly, Inc. (quar.)'
American Stamping'Co. (irreg.)
American States Insurance (Indianapolis)—
Quarterly
^
American stores Co;
(quar.)
American Sugar Refining iCo.—
; 7% preferred' (quar.)
American Telephone & Telegraph (quar.)

7%

1.

50c

(quar.)i
Goods Co.—

common

10*

fl-30?

,

20c1

Cquaru)

Co.

Radiator

10-15

25c

Products

preferred*

Arizona

$1.29

3

25c

(quar.)

Metal

4%

*

1

10-

87 Vic

__

$3iy4c

10-

'

6%

1-13

93 %c

$1,75
$3
$1.75

$1.12ya

(Newark, N. J.)

Molasses

American

Products—

(quai^)

Aetovox

'

10*

preferred

American Screw

10-15

1-31-48

'

(quar.)

Co.,

Locomotive

'9-15

9-301

1'

—

4y2%

9-18

10-31?

$20c

c

9-18

10-

Felt

Co.

American Rolling

10-16

$20C

$1.50
common

10-lt

-

9-30

preferred

Corp.,

9*26 ?

1

11-1

6c

(quar.)

2nd

American

Addressograph-Multigraph Corp. (quar.)__I_

'

9-20"

'

preferred

American

9-18

25 c 1

10*11

683/4c

(quar.)

preferred'

$6

Co.—
...

James),
(accUm;)

Gas

7%-'preferred

10-10

1

10-17'

1

(quar.)

American Power &

10-10

25C

(quar.)

v

9-26'

$1.50

1

-30c

Growers, (quar.)
& Electric—

American

9-29

9-30'
10-

94 4*

11-

11-

Fruit

American

9-29-

$1,50

9-18!

' 9* 4#s,

1

$1.31Y4

Machine & Foundry
prefmred: (quar.)
American Manufacturing Co„

10-25-

9-30

10-1

9-30

3.90%

10-25

11410

common

'

9-25"

9-30

10- 1

ll^lO

$i.ooy4
$3

-

common

(accum.)

Extra

9-30r

9*30

$2.50''

io-15

10-

American

if

1

9-19
9-301

10-1:

ser.) (quar.)

common,

Co., 6%

preferred

American

6

10*15

10-15
10-15

50c

(quar.)

Co.

Extra

9-30,,'

11-

37yac

preferred—

announced

Name of

Aetna

20c

(quar.)

-

Aetna

ZtViet

(quar.)

10-

9-20

6

60c

common

American Zinc; Lead &

9-20

10-15

10-15

10-

10-15

10c

10*20

10-14

10-

62V2c

common

American Investment Co.
5%
preferred (quar.)

1

10-

Pdr

Adams

10-10'

$1.25

;

Express

American Ins.

10-15

5C

com

preceding table;

9-20

25c

__

1!

9-20

40c

quar.)

(initial quar.)

1st

7%

9-16

,

75o

American Woolen Cb.—

Adam? Hat

10-10

9-30

15c

11-

20c

Acme Glove

1 !

11-1

'

10*

9-17

1

40c

Hydraulics, .Inc.
(monthly)__
American Ice; 6% non-cum. preferred.:

9-15'

7

10-1
10-

25c

American

10-15*

10-

50c

Acadia-Atlantic Sugar
Glass A preferential

10*15-

11-1'

50c
-

1

9-20

$3

preferred (quar.).

$2^0

9-24

11-15

$l'.06y4
$1.10?

A

11-

150

(s-a)

150

Abttlbt Power & Paper Co.,
$1.50 preferred (quar.)

l

9-24

t$1.50

Iron..




9-30

65c

.

Below we give the dividends announced' in
previous
weeks and not yet paid. The list does no1? include) divi¬

1

9-19

95c

Providence & Worcester RR." Co.

9-17

,Co.> 5 fc preferred A (quar.)

.

pfd.-(quar.)__

preferred

1

10*10^ '

10-31

10-1

75c

(quar.)

preferred

10-31

9-30

—

Chlorine

(Alexander

dends

6

(quar.)
Portland Transit CO:, 5,% preferred* (quar.)
Prophet (Fred B.) CO. (quar.).

5%

11-15

9-11
9*11 ?

10-6

$1.50

American Hardware Corp.
American Home Products

10-31'

9-10
.

25o

(quar.)
American Hard Rubber, 7%
pfd. (accum.)._
7%
preferred (quar.)

10-31

25c

75c

(quar.)

(opt. div.

Cyanamid,

6%

10-1

11-15

1

com

1936

6%r

9-23

10*15

10-

10- 1

50c
Shoe

American Hair" &

10-31

9*30

11- fl

1

(quar.)
(quar.)___

(increased

Dairies, Inc.,
preferred-(quar.)

4%%

10-3T

11-15

1

,

prior preferred

American

8

11*15

12-

10*

:25c

(quar.)

preferred A

4%%

8

10-

9-20

75c

&

-

1

9-23v

9*23'

1

10*15

11-

10*

10-1

t75c

CQ

Industries:
Lightf, $5

-

9-30
10-

l1

10-15
.

$1

&80%

Mills

$2'

11-

•

50c

(irreg.).

Ltd.," common*- (quar.)
preferred
(quar.).--i
Pennsylvania Power 4.25% pfd.-(quar.).:

Fashion

9-30

10-

$i.i2ya

preferred
Youngstown: Steel Ckr Corp. (quar.)
Zeller's, Ltd., common (qhar.)
5%
preferred (quar.)
6%

11-1'

10-31
10-15

15c

8%

Full

11*15

:

50c

•

10-15

11-20

(N. Y.)

Corp.

(quar.)
Crystal Sugar,

American

9-26

10-15

1

12Vao

Co

American Fork & Hoe

9-15:

9*26 : '

10*15 "

50c

1

9-29'

9-30

1

11-15

—.

1%

-

$1.25"
-

10*

92y2c

Co.

Paper;. Ltd.,

preferred
Qprp/ !

Wlremold

"9-20",

9-30r
.

A

preferred'

9*20''

Co.

3

87y2C

;

(Mmirion

2

10-20

,.

7

10* 6

12-

20c

Note, common
(quar.)___;

of

American Felt

3

1010-

$4

-

Insurance Securities

16* 1
.

10-

10*20

A

American

—

-

Westminster

'<

10*

10*15

10*15

11-20

$1.75

American

7%

25c

(quar.)

Casualty & Surety Co.

25c

-

4.,

preferred
(quar.)
Philadelphia & Reading Coal

Co.

Corp:, class A

class

class

$T.50

common......^

Porry-Fay Co, .(irreg.) ___L
Philadelphia Electric, 4.40%

$2.50

10-15
*

10-17*

60c

(quar.)...—

Extra

ll-20v

10-14

1

15c

common.—

L__

Non-cum.

1

12-10

11- 1

11-

15c

(quar.)__

(quar.)
preferred (quar.)

10*1

37%c

'

(extra)

(quar.)

Mfg.

& Massachusetts RR.

Extra

9-25

1

10-20

$1>
30o?

pfd.

$4125

10-15

10—1

10-

10-20

9-ll«

1

$250

preferred

3»/a%

1

"

9-18

9-30
12-

933/4c

1

1

non-cum;

4% %

11-

10-20

40o
35c

Can

American

11- 1

50c

...

(quar,)_

!

or

American

9-29

25 c

(quar.)
-

9-15

Cos.,

Roof

Board

6%

25C

Washington'Railway & Electric,
Participating omits
:

9-25

;

1.......

common

9-29

Equipment Co
Street' Investing Corp

$4.50

■

9-19

1

$K25*

_.

Penman's,

PHot

Radium^

;

(quar.)-..j_.^
Mills
pfd.

9-29

1

'

(Mo.)

Company
Washington Gas Light

-

(quar.)......

(Baltimore),

preferred

Industrial

250

'Bottling -Co..-

Patchogue-Plymouth
Pathe Industries, 4 %

1

10-

,

r 9-301'

9-30"

$2

75c

Co..

Inc.

10*

9-18

1

750

common '

preferred (quar.)
American Cigarette & Cigar Co.—

75c

Washington Title Insurance Co.,

A_:

...

(quar.)

25c

Victor

9-22

...

Fisheries,
Pacifitf Car & Foundry Co.,
$6 preferred (quar.).,

1

Warner

9-24

10-

.

common-;-._^^j^:

American

Packer

S.
8.

Wall

-

Pacific

(quar.)J_

10*

1

10-

Co., common (quar.),

Co.

7%

$1

—

Co.

U.

9-19

93%C

'4%% preferred series A (quar,)
Oliter'.Corpi, 4 V2% obnv.'preferred

7

$1.50

10-

.

9-22

25c

-j^th share of class B stk._,
Co., 7% preferred (quar.)
American Car & Foundry Co., common

7

10-

Sulphur Co

Vermont

9-30

40c
12c

Co..__L__^i^i

1

(quar.)

&

Carbon

U.

9-22

10-16

quar.).

-Insurance

No*Sa'g:Spring Co. (irreg.)...
Oklahoma

9-22

'

*-.-*■

10-

1

25C

preferred

Manufacturing

Union

10-15*

(quar.)^_^___

Greyhound"*Lines—
preferred (qMtf.) -----

Northwestern

Ohio

1

10-

(Delaware)—.......

Northland

*,

10-

11-1

—.....

Pcrwet

1

11-

1

11-1

(quar.)

(quar.)

IT-

$3iy,c

(quar.).
Union Stock Yards Co. of Omaha, Ltd.—

9-24

10-

$1.50

preferred (accum.)
preferred -(accUm.)__^u._."..__w.___.

J%1%

1

75c

CO....

preferred'

Northern

10-15

$1!'

Corp.—
-;
'
f$1.50 convertible preferred (quar.)
Northern Indiana Pub.lic •'Service—
S-%

10-

Union

-

Illinois

$43%C

u-

(quar.)
preferred (quar.)
preferred (quar.)

35c

Co.

:__L

cl.

Cash

7

75c

10-11

75c

Co. (N. Y.)
Railway Co.—

insurance

10-

10- 3

.9-22;,:

1

—

American

10-10

1

preferred

$4.50

10-15

75c

North

Northefrn

11-1

11-1

50C

B

North

11

11-1

__________

class

ThermatomiC

Electric

quar.f

(Initial

1

11-

-.

Corporation

*

Rayon Corp,,

11-

10-15

preferred

$2.75

10-10

I

$10c

—

preferred

Mfg.,

Union

Co

adjustment preferred
American

North

6%

convertible

$2.40
Thor

Insurance

Western

Glass

9-301

10c

I T-

5c

10-3

50c

9-19

"

10-1

,

(called for redemption on
Sept. 30 at $125 plus this dividend)
American Business Credit class A
(quar.)__

10-15

$75c

(quar.)

com.

Book

5y4%

10-15

11- 1

$15c

(quar.)

Vertientes-Camaguey Sugar (quar.)

England Fire Insurance (quar.).
England Gas & Electric Assn. (quar.)
England Laundries (irreg,) —
Telephone

Ltd.,

Malleable

9-30

$1.50*?

Ehgland Confectionery Co

New

1

$l'.183/4

New

NeW

11-

50c

New

New" York

Haute

9-30

New Bedford Gas & Edison Light Co.—
Reduced
(quai\)
.——
New

Terre

10-20

,

(quar.)

A

(quar.) ___.^

10-20

;

pfd.

Cb.

10-15

___

(s-a)

1

10*30?

50c

(quar.)
Biscuits, Inc

10c

____

Water

Bros.,-4% %. conV.

10-

25c

—

62(4c

(quar.)

Special
Naugatuck

50c

___:

preferred

Thatcher

62V2c

—

Co.

10-15

Gfts- Light
Co.
(quar.)
Taylor-Wharton Iron & Steel_

15c

Co

Mfg.

2nd

56y4c

(quar.)

1

Taunton

9-22

1

—

11-

10-11

20c

»

class

Super Mold Corp. (CRlifbrnia)Superheater" Co. (quar.)

2

10-

10-30

(quar.).:

&

•

'

Products Corp.

Co.

9-30'

10-1

56'Ac

pfd. (quar.)
(quar.)____

10-15

$1.03%

;

(quar.)__

(quar.)_

Paper,
(quar.)

Superheater

9-20

50C

4y2%

ll*1 1

_

preferred

Sunshine

4

37y2c

__

Ltd.,

Bank

preferred
Box

.

9-20
9-29'

75c

Bakeries

American Brake

Suburban Electric Securities Co.—

$4

10-15

10-15

5c

?

(quar.)_

10*15

Strawbridge & Clothier
'

—

(quar.)

Mfg.

11- 1
10- 1

"'25c
,

.

preferred

of Canada,

Common

9-19

10-15

$1.50

'

11-15

97yac

(quar.)

Co.

Strathmore

10-15

:

1

IT- 1

common

Participating

9-24

11- 1

„

Narragansett Electric,

9-30

10c

30c'

$2.25' preferred series A (quar.)—,
Mountain States Power,"common (quar.)—
5*% preferred
(quar.)
Fund

40C'

9-19

-

1

10-

(quar.)

American

,

30c

Co

Leather

Extra

12-

92yac

9-20

$1.10

_

Brock,
B

7%

30c

—

Spring,

convertible

Steel

15c

Motrell: (John) : & Co.
(quar.)
Morris Plan Corp. of America—

Mutual Investment

1

9-30
10-

62V2c
25c

(quar.)
(quar.)

Co.,

Mfg.

Asphalt

American

10-15

1

50C

1

10- 1
11-14

___

(increased)

Steel

11-

9*19

10-10

,

(quar.)

American

Service—

(increased quar.)

preferred
preferred

Class

25C

_

Common

Ptiblic

55c

9-10

9-30

America

American

6%

9-10

9-30

<25c

______—

American

(quar.)

9-30

_______

Mississippi Power
Light, $6 pfd. (quar.)
Mississippi Shipping Co. (quar.)
Monroe1 Loan Society, class A (quar.)
Co.

9-20

1

5o

American Alliance Insurance

Telephone—

10-21

Supply

Radio

9-30

(quar.)

9-10 '

10^

2y2c

Canada, Ltd.—
(quar.).

of

$7 preferred

50O

Co.

Associated

10- 1

of

American Air Filter

9-18

n

400

'

Inc.—
6%
convertible preferred
(quar.)
Amalgamated Sugar Co. (Increased quar.)»

9-22

10*10

.—_

»-

(quarT

dividend

(quar.)

preferred

Amalgamated

9-22

9-30

$1.75

3.70%

25c

(quar.)

9*30

9-1^

1

common

Mfg;

preferred

Extra

9-22

25c

1

10-

(quar.)

cash

common

Co.

Aluminum Goods

11-17

1

10-

15c

$3.75

4

preferred

Stanley

4%

4r

Oxygen

Stores,

(Louis)

Aluminum Co.

11-10

10-

c_li

Extra

10-14

11*20

9*15

100%

Inc.,

Aluminium Co.

9-18

9-26

____

t

11*25

10-

3

________

liw

9-15

1

(quar.)._

dividend

Products; Corp.

Allied
Allis

6

10-

26c

Cement__

9-25

9-30

10-

__

9*19

1

10-31

25c

(quar.)

10-

1

10-

10-31

Standard

<

10-10
10-

50c

10-

11-

10- 6

37y2C

preference (quar.)
Process, common
(quar.),:
:

10-15

-

iq*io

25c
;

preferred?

4%

9-25

Co., Ltd.—

1

7

9-25

1

$2

(quar.)

11-

9-25

1

10-

28c

Common
'

.

10-

1

1

I

25c

~

Allied

12-

10-

$1 06y4

10-17

1

10- 2'A!

10-

$3

$2.50 convertible preferred (quar.)..__
Allied1 Laboratories
1

70c

(irreg.)

11- 1

Trust

Paper

Co.

Industries, Inc.

Alllanceware,

9

$30c

(Irreg.)

Co.

$1.06%

;

(quar.).

A

10*

9-24
9-24

-

10-

3 7 y2 c

10-17

12-15

10c

(quar.)

(quar.)

Southwestern

9-22

10-17

10-20

•

1

L

10-15

$1.05

(quar.)

Extra
Allen Electric & Equipment

15c

(quar.)_

pfd.
(s-a)_

Allen

Franklin

$2.20

>

9-23

1

l'l-lO

L

10*

4

9-24v

50c

(quar.)
(quar.)

preferred

Stock

9-18,
9-18
9-24

„

$2.60

;

Allemdnnia-'Fire Insurance (Pitts.)

6

convertible

Southwestern

1

Iron

&

4Vtr%

10-

10c

common 1

9-30

10-

11- 1
11-

Inc;;,

9-30'

10-15

11-

Aldens,

(s-a)
Co., 4.20%

Pbwer

Allis-Chalmfers

-

Southern

~l

Electric—

Ontario

Monumental'

7%

1

9-30

$2

Metropolitan Building Co. (quar.)
Metropolitan Paving Brick.Michigan Gas & Electric, common...
&

Steel

$1.06V4

11-

__

Piping

1

9-30

$2

Corporation
(quar.)
75c
McGaskey Register, 4Va% preferred (quar.) _$0,140625
McGraw-Hill Publishing
25c
McDonnell Aircraft,
6% preferred (quar.)_
$1.50

preferred

Louis

(quar.)
3.90%
(quar.)
4.15% preferred (quar.)
Stahl-Meyer, $2.25 prior preferred

(quar.)__

10-15

10*18

preferred

Allegheny-Ludlum Steel (quar.)

9-30

$1,25

—

4.48%

10-1

10c

(initial)

10-10

10c

10*15-

10c

California Edison

Southern

10-2!

7V2C::

O

25c

(quar.)

Products

Common

9-19

1

10-

11- 5

$1.25

Mining (irreg.)
Water & Power Co.

Extra
Southern

9-20

11-

4

.

50c

Co. of St.

Co.

Manufacturing

Sonoco

i

9-30

1

10-1

$1.50?

(irreg.)

Investors

Portland

9-24

9-24

_

Water

Smyth

9-24

McCall

McLellan Stores Co.

3
1

(irreg.)

4%% preferred (quar.)
Macy (R. H.) & Co., 4»/4% pfd.
"Manning Maxwell & Moore
Massachusetts

10-

1

-—

preferred

Inc.

Gas

10-15

75c

(accum.)

Cement

8%

BleaChery,

Extra

-

10-15

10-

Virginia

Mills, class A

Portland

Midwest

Shawinigan

Sloss-Sheffield

10-

_

Taylor,

4(40%

1

10-28

10c

__i

London Hosiery

Medusa

9-19
10*15

56V4c

Drug Co., Inc:, 30c preferred
Lonergan Mfg. Co., class B (quar.)__;

Luzerne

9-26
10-28

10*

29y2c

Shattuck-Denn

25c

6%

Bottling

Seven-Up

>

Shasta

5%

Loew

Lowell

9-19

10-28

50o"

;

(initial)

5%

9-27

1

8'

12'/ac

11-10?

9-30

50c

preferred
Company

Lockwood

&

11-29
10-

3

10-10:
10-

10-15

13%c

1

50c

Alabama & Vicksburg:
By

5%

10*25' •'

25c

A. (Initial)

(quar.)
preferred; (quar.)
Security Storage Co. (quar.)

>

10* 1

34%c

___u

10*

10-15

3

10*15?

250

Common

11-15

35c

Co.u_:

Insurance

Lit6Brothers,"

Lord

12-15

25c

Co., 4y2% conv. preferred (quar.)—
Lexington Telephone; Co., 5.2% pfd. (quar.)

Extra

9-30
11-15

Special
Alabama

$1
12y2c

-

preferred

9-T9

10-

10*> 3

50c?

9-27

10-15

10-

25c

(quar.)

Appliance- (quar.)___
& Youngstown RR. (s-a)__L_

10-14

50c

class

1

9-20
1
"

(quar.)

Electric

1

10- 3

(quar.)

5^%, preferred ($10'par),

Air-Way

Akron> Cantoni

10*15?

20o

Corp
(quar.)

convertible

T

10*16'

$70

Seaboard Oil Go: of Delaware, (quar.)
Securities Investment Co. of St. Louis—

12-15

37Vic
j.

(quar.)

Co.

5>A%

1

5c

—:

Container,

1

10*

75c

Distillers
Electric

10-

par)

H older «

10-3

25c

_

(quar.)^,^
($25

10-

25o

10c

l

,

11-13?

$1.50'

(extra)

prdferted

25c?

(quar.)

Co.

5%%

10-13

$1.75

,

Scranton

9-19

$1

Electric

Map

9-19

23c:

(quar.),

Arms- Corp;,

9*29'

10-

45

Payable of-Rec.,:

83/4c

quar.)

common

400'

—^

(accum.)
(quar.)

Gold

Schenley

'

3c

Roi

Life

10-

10-10

$1.50'
.

dividend

Leece-Neville
Le

9-19'
"»

Extra
Stock

AntoniO

9-19'

Products

Electric

&

Paper Co.

A

10-13.

$1.50

....—

Mines, Ltd. (s-a)
San Diego Gas & Electric, com.
(quar.)
5% prefefrred" (qpar.)J

9-24""

9-30

$4.50

pfd.

Frary & Clark
(quar.)—.
Company, Inc.
:___
Gas

San

9-19

9-20

'

Landers

Lawrence

Croix

,

25c

(quar.)

Corp.,

Class

12 Vic?

...

Foods

10* IT

12y2a
—

;

Fifth :Avenue

Seaboard

u-

___

Laclede-Christy.. Clay

9-30

St.

*■

1

(quar.)

Kellogg Company
Kentucky Utilities, 6% pfd. (quar.)
Keystone Manufacturing Co. (quar.)
Extra

Russek's

11-25

*'

(quar.)

A

;

preferred
(quar.)
Building^; 6 % ' preferred

Russ

j

62y2c

__i

(accnm.)
Light, 4 % %

&

7%

<

9-30 :

10-

30C

Ry., 4*% pfd.
City Structural Steel¬

Kansas Power

9-24

25c

Sons, common
preferred
(quar.)

5%

'

'

10-15\

$1.75 J 10- 1
25o;' •
9-30

(quar.)-

Kansas City, Southern

Lane

12-10

(E.i

Kansas

9*30".

10-31

; (quar.) x
Co. (quar:).

Rhode Island" Electric Protective Co.

10*15

! 9*30

10-23

50c

Corporation

Kahn's

ed

30c

'

(quar.)
preferred

Roper' (George1 D.) Corp. (quar.)
Royal Typewriter Co;, :common-....

class

B

Airline

When

Share

Alnsworth Mfg.. Co ^.(increased
Extra
i,
•

9*26

11-25'

50c

'

10-15

1

10-15*'.

,

62 Vic1

(quar.)-

(increased)

Co.

Glass

$1

.

s.

pfd.

conv.

"Manufacturing Co.

Jeannette

(quar.)_

11-

10c:

.

Jacobs

(extra)

Brewing Goi,

Top

Jpfif

ofGompany

Ahlberg Bearing Co., class A (quar.)

11-14

10-15

$250

Reading

Glass

Name

10*15

—

•

9-22

1

11*1"

15c

'

__

Milling Co., 4% pfd.
Investors-Mortgage Co.MConn.)

Cm

Purinai

1

13* I;

$1.25!

Red

9-30

10*

20c'

Extra

International

RalXton

•

11-

$1.06 y4,

prior preferred! (quar.)
Quebec■? Power Co. (quar.)

»

(1293)

Holdere

Payable'of Ilec.

4iy4c

-

$5

1

10- 1

$$3.75>

(quar.)—____

(quar.)

preferred
(quar.)
Sound Power & Light—

Puget

.

When

Share

Colorado, com.

4y4%

.

.

___—,—*

Bancshares

Industrial

Co.

J,

Public'Servfce GO: of

"J

■

-

*

Per

Payable of Wee.

Home
i

& FINANCIAL. CHRONICLE:

12-23

$1.25

10- 1

12-23

12-18
12-19'"

9-15^

9*30

9-15

$1.50

10* 1

$1.75

10- 1?

9-15
9-15

15o

20o

-

9-30.

9-18-

,

OP:1

THE

(1294)

46

Share

Name oj Company

Name

Payable of Reo.

$6

Co.

10-

$16.50

1

8-26

10-

$68.25

10-

1

9-16

1

9-10

59 %C

10-

I

9-16

75c

10-

1

9-30

5%

9-11

9-11

Extra

$4

Asbestos

Corp. Ltd.

1

9-15

Brown

10-

1

9-23

Bruce

9-30

0- 5

Brunner

Atlantic

City Sewerage Co.

Atlantic

Co.

10-15

9-23

1

9-24

10-

1

9-19

Burger Brewing Co.

$1

10-

1

9-15

11-

1

30c
20c

(quar.)

4%

pfd.

(quar.I.¬

(quar.)
.

Atlas Thrift

Plan Corp.,

■'

60c

B ; (quar.)

#- 5% %
Avco

preferred

.?,17%

convertible

7%

Bahcohio

"

.

Bank

of

Bank

of

Barber

•

York

New

1

10-

,4.
'

1

1

9-10
/r9-20
,

9-

10-10

10-

1

9-15

9c

9-30

9-22

Camden

9-30

9-22
9-15

30c

10- 9

9-25

5%

30c

10-

1

9-10

Canada

10-

2

9-19

10-15

9-30

50c

4

'/2%

10-

1

7%

1

9-22

10-

Canada

Barker
:

1

10-

1

9-10

1

9-10

10-

1

9-18*

$3.50

10-

1

75c

10-

1

9-19

45c

10-

1

9-10

50c

10-

1

9-22

9-30

9-15

.

(increased)

Co. (quar.)
(quar.)

15C
37 %c

4% %

•

9-30
9-30

preferred (quar.)
Bates Manufacturing Co., 4Va % pfd.
Bastian-Blessing Co. (irreg.)
_*
Bath Iron Works Corp. (reduced)
Baumann (Ludwig) & Co.Bausch & Lomb Optical Co.,

(quar.)

.

—

"Beech Creek Railroad

Co. (quar.)—
Packing Co. - (quar.)
Belding-Corticelli, Ltd., common (quar.)—_
*}.■ 7% preferred (quar.)

10-

1

10-

1

50c

10-

1
1

9-

$$1.50

10-

1

8-31

$$1.75

10-

1

8-31

$15c

10- 1

9-12

$25c

10-

1

9-12

10-15

9-15

t$2
50o

9-30

9-10

37 %c

9-30

9-15

30c

9-30

9-15

8iy»c
5Ge

,

9-30

Corp.-, 7 % preferred (quar.)
Co. t (quar.)

10-

;

1

9-15

,

:

1

9-20

$1.75

10-

1

9-

50C

10-

1

10-

1

9-20

40c

10-

1

9-24

5

The

-

Bird
-Bird

Machine
&

Son,

Birdsboro
Bliss &
'v

Steel

Fdry.

Laughlin,

&

Inc.

Bohn

Aluininum

&

Brass

Bon Ami Co. class A

•

Class

v

B

9-15

9-29

9-15

9-30

9-20

30c

common—

10-

$1.05
Machine

(irreg. )„

25c

com.

Bloomingdale Bros., Inc
Bobbs-Merrill Co., 4Va%
•

9-20

9-29

25c

9-20

9-15

1

10-15

25c

10-

1

9-30

9-19

37 %o

9-30

9-19

$1.50

9-30

9-24

56'Ac

5% convertible preferred (quar.)_
;
Bloch Bros.' Tobacco, 6% preferred (quar.)

'

9-30

(increased)

*$4.20 preferred (quar.)

<*;

9-30

10c

Birmingham Electric Co.,

<

25c
12 %o

Co

Inc.

10-24

pfd. (quar.)
Corp

$1.12%
50c

10?

:

$1

1
1

9-15

25c

10-15

10-31

10-15

10-

preferred (quar.)
Boston & Albany Railroad

-

10-16

65c

10-

87 %C

_

9-16

1

20c

quar.)_

3%%

10-

$2

10-

2

9-17

1

1

9-17

9-30

8-30

Boston

Herald-Traveler

50c

10-

1

9-22

Boston

Insurance

55c

10-

1

9-22

9-30

9-22

Corp. (quar.)
(quar.)
Boston Storage & Warehouse Ce. (quar.)—
Botany Mills, Inc., class A (quar.)
$1.25

-

!

Co.

preferred

Bowman

$1.25
25C

(quar.)

Orach

Gum,' Inc

(E.

<
'

1

20c

Bridgeport * Brass

Co.,

$32 %c

Hydraulic

preferred

A

Ordinary,
,

9-19
9-

6

1

9-23

10-15

9-20

10-15

9-20

10-

9-15

1

9-16

9-30

9-16

9-30

9-12

40c

10-15

9-30

9-30

9-19

:

(quar.)

50c

30c

—

10-

1

9-15

60c

10-

1

9-15

(quar.)

933Ac

—

(s-a)_.—

Ltd.

10-15

$$1.75
$25C

1010-

10-1

1

1

Is

(quar.)

10-

9-26
9-

5

1

9-30

Ordinary registered (interim)
8% preferred fs-a)
—_—;
S% • preferred registered
(s-a)_—

Is

—

8-29

a2%%

10-

10-

8J29

-

•

$$i

$40c

10-

10-15

9-15
C

9-30

5%%

2

10-

1

9-15

10-15

-

10-

9-19

1

9-22

12-15

11-30

Clopay

(quar.)

1

9-10

Coast

9-10

$15c

10-

1

9-30

9-12

10-

1

9-22

11-

1

10-

6

11-

1

10-

S

67Ac
25c

quar.)_

9-30
10-

9-29

1

9-29

9-30

9-19

50c

10-

1

9-

5

10-

1

9-

5

12 %c

1

Gas

9-10

10-

1

9-1®

9-30

9-15

9-30

9-12

Extra

9-12

Coca-Cola

Company

9-30

9-12

Coca-Cola

International

$433Ac

$55c

9-

3

10-

1

9-

3

10-

1

8-29

10-

1

8-29

Colonial

$$1.12%

1

10- 1

$3.50

8-29

10- 1

$$2

10-

8-29

Common

9-13

10-

1

9-12

10-31

.

(increased

Enterprises, Ltd., 5%

10-

1

9-19

11-

1

9-22

$37y2c
$$1.75

10-

1

11-

1

$35c

10-

1

8%

Southern

' ,$37y2C

10-

9-15

9-10

1
1

$1.25
50c

$1.25

(quar.)„_

$6

preferred

(quar.)

(New

$3

Connecticut

General

10-

1

9-15

10-

1

9-15

10-1

9-12

10-

1

9-12

10- 1

9-2

Consolidated

A

Consolidated

9-16

Consolidated Edison

10-31

10- 9

37'/2c

$5

10-31

10-9

10-15

9-30

Co.

12-

1

9-30

11-

1

10-15

9-30

9-10

59%c
50c

10-

1

9-22

25c

10-

1

9-22

10-

1

9-22

32'/2c

Consolidated

10- 1
10- 1

9-17
9-19

Consolidated

(quar.).

10-

1
1

9-15

35c

10-

1

9-20

11-

1

10- 3

11-

1

10- 3

75c

10-

1

9-15

10O

10- 1

9-2®

10-

9- 5

35c

Corp.

$6

10- 1

9-20

Consolidated

37%c .11-3
50c

$1.25

Electric

Trust

Machine

Press,

Class A common

Corp.—
(quar.)
Ltd.—
(quar.)—

Retail

preferred

Stores,
(quar.)

Consumers

Power

1

9-10

$5.50 preferred (quar.)
Continental Bank & Trust Co.

9-15
9-15

62 %c
12%c

9-30
10-

9-10

1

12-12

9-19

'

12-2

,

Co.,

Assurance

10- 1

8-19

9-15

$25c

9-30

$1.50

10-

8-28

1

9-22
I

$16'Ac

10-

1

9-15

40c

10-

1

9-18

10-

1

10-

1

9-15

t$2

10-

1.

9-15

—

$1.12%
30c

(quar.)

25c

$1.37%

10-

1

9-30
10-

9-12
9-15

1

9-12*

10- 1

9-12*

(N. Y.)—

20c

10-

1

9-12

933Ac

10-

1

9-15*

—

Co.—
33A% preferred (quar.).
Continental Car-Na-Var Corp
Continental Foundry & Machine—

9-1®

Continental Can

Common; (quar.),
5 % „preferred
Continental Gas

(quar.)
&

5c

10-15

9-3®

12 %c

(irreg.)—...
Continental Gin' Co., common (quar.)
4 % % preferred (cjuar:)
4%% preferred (quar.)—

10-

1

$1.25

<.

Electric

...

$1.12%

9-30

53 %c

(quar.)
$4.50 pfd. (quar.)..
(Chicago)
(quar.)..

Continental

9-30

9-15

35c

;.

.(Toronto)

Continental Baking Co., common

9-30

9-15

25c

Co

9-18

433Ac

9-15

1

Steel

Gas

9-10

9-20

1

10- 1

common

9-30

9-30

10-

10-

Power

Tool

9-30

9-10

Id- 3

90c

&

1

Lithograph Mfg. Co., Ltd

9-30

11-10

0-15

11-

(Boston)

10-15

1

9-30

$1
$1.12%

Light

30c

10-1

10-15

(quar.)

$1
$1.19

12-

10-15

Co. of New York—

Investment

1st preferred

Consolidated

Consolidated

85c

9-13

11- 3

—

9-19

10-

9-30

37 %c

"

(quar.)

Gas

1

Corp.—

Increased

9-19

2%
.

10-

50c

(quar.)

—

1

37'Ac

dividend

9-12

47 %c

Irregular
Consolidated

10-

15c

(quar.)___

9-11

(quar.)..

common
(quar.)
preferred
(quar.)
4%%
preferred
(quar.)

Quarterly

(cash dividend)

i

10-32

(Bait.),

10- 1

$1.50

.

Cigar

preferred

Consolidated

Corp.—

,

Insurance

4%

87%c

Central Telephone Co., $2.50 pfd.

,

11-15

(accum.)

9-16

4'A %

_>

A

(Hartford)—

Consolidated Chemical Industries, Inc.^—
$1 partic. preference class A (quar.)
$1 partic preference class B (quar.)

Consumers

(accum.)

k'

1

75fe

Life

Cement

class

$1.40
'

$1.12%

pfd.

t

1

10-

$25c

9-16

Service—

States Electric, 7%
6%-preferred (accum.)

^,9-12

10-

Quarterly

$1.02'/2

(quar.)

9- 9

Securities—

(quar.)
Inc., 40c preferred

1

~

9-30

.10- 1

Consolidated Bakeries of Canada, Ltd.—

Common

$1.02'/a

(quar.j__

9-2#

$1.50

Connecticut Light & Power $2 pfd.
$1.90 preferred (quar.)

1

(quar.)
(quar.)

0-9

1

$1.37 %

(quar.)

9-30

preferred

37 %C

10-

$5

preferred

Coke

&

10-

4% preferred (quar.)
:
Central Kansas Power, 43A% pfd. (quar.)—
Central Maine Power Co., common

0- ®

9-30

Hampshire)—

Connohio,

Illinois

Light Co.—
preferred
(quar.)

9-3®

9-30

$1.50

9-15

—

(quar.)

9-3®

10-15

'

9-16

$1
A

10-15

$1.75

Insurance

10-

(quar.)_

9-15

$10o

(reduced)
(Del.)—

10- 1

40c

Quarterly
series

Corp.

10-1

37'Ac

Central Illinois Electric & Gas, com.

9-15

9-26

Quarterly
Connecticut Gas

15c

(N. Y.)

1

10-15

50c

(accum.).'

Fire

25c

Central Hanover Bank & Trust Co.

10-

10-10

$$1.25
$5o

preferred (quar.)__
preferred (quar.)

$1.75

1

0-15

(accum.)

37'Ac

s

1

87 %c

^ Southern Corp.—"

$1.183A

(initial)

10-

6c

preferred

I

9-15

12%c

Co.—

9-19

$$1.75

Electric & Gas, 4.75% pfd. (quar.)_
Central Fibre Products, common (quar.)

9-8
10-

1

—

Connecticut

50c

preferred series B

Trust

9-30

40c

Central

9-30
10-22

90C
&

10- 1

60c

(quar.)

9- 9

10-

(quar.)

10-15

$1.75

(quar.)

$1.75

-

Bank

Solvents

Concord Gas Co.

9-17

$1.50

Extra

10-1#

(quar.)

com

common

$1

(J.J.) Co., common__
rr
preferred (quar.)___
Cassidy's Ltd., 7% preferred (accum.)
Celanese Corp, of America, com. (increased)
$4.75
1st preferred (quar.)
7% 2nd preferred (quar.)—
Celotex Corp., common (increased)

9-2®

10-30

37 %C

(quar.)

,5c

7%

9-15

1
1

70c

pfd.

$2

Cfise

9-30
10-

10-

Electric

50c

(quar.)

9-12

10c

Commonwealth Water, 5%% pfd.
(quar.)_
Commonwealth Water & Light Co.— *

9-^1

1

1

50c

^Commonwealth

v. 9-16

10-

9-15

10-

(quar.)

National

Quarterly,

7%

•

9-15

9-11

Commonwealth Investment Co.

V

Vr

1
1

Quarterly

/,.

25c

•

Commercial

10-

50c

Co:,

preferred

-

2

9-

10? t

$1,';.

3.60%

Credit

Commercial

10-10

,

General Corp. (quar.)
Mills, common
preferred A (quar.)
preferred B (quar.)

Extra
*
6% preferred (quar.)_

Ohio

Alcohols, Ltd.,
preferred (quar.)

Commercial

9-1®

10-

$1.50

-

——

&

9-19

9-30

1

25C

Combined

9-19

1

9-30

10-

quar.)

Columbus

1

11-

Iron Corp.—

0-15

$$2

Carthage

Products—

Stone

9-30

10-

9-17

$1.25

-

(quar.)
(quar,)

Commercial

Carrier'&

Aguire Associates

(quar.)

10-15

10- 1

2

9-30

1

10-

87 %C

(Boston)

11-20
.

10-

10-

Co.—

(quar.)_

$2c

$$1

10-15
10-10

$5.60

Corp

$$1.75

$$1.25

8-19

$1.25

Manufacturing Co. (special)
Baking Co., common (quar.)50c participating preferred (quar.)
Participating

9-30

,

62 %C

Columbia

$17y2c

10-15

12-18

25C

preferred B

&

1-1-48

$1.75
*6c

Colt's

9-30

1

$17y2c
' '$20c

10-10

prior pfd.: (quar.)

$6

Colonial Sand

11-1

Power

Ice,

Colorado Fuel &

common

preferred

preferred

11-19

75c

Colgate-Palmolive-Peet

Corp., Ltd.—

(quar.)

(quar.)

-

Collateral Loan Co.

10-

10-19

1

$1.75

j.

$30c

1

12-

17 %C

:

$183Ac

10-1
11-

Electric—

9-30

$25c

Light,

&

$50c
■

(quar.)

preferred A (initial quar.)
Coca-Cola Bottling Corp. (Cinn.)—
$2.50 class A (quar.)

9-10

10-

Counties

$25c

(quar.)

com.

$5 preferred (quar.)—
Carolina Telephone & Telegraph

Stock

9-29

4%

9-16

*ya%

9-11

1

200

1

9-30

Certain-Teed

1

10-

7'/aC

quar.)

10-

9-16

Century Electric Co.

9-19

30c

pfd.

(initial

10-

9-19

Paper Co.

Corporation

}25c
$5c

9-30

Central

9-12

fc-15

9-30

10-

(quar.)

Peabody & Co., 7% pfd.
Coast Breweries, Ltd. (quar.)

9-30

preferred

1

50a

Cluett

9-11

3.40%

1

10-

20o

8-29

11-18

Central New York

10-

20o

9-10

1

preferred

9-15

9-15

200

1

1

3.50%

1

10- 1

30C

1

$50c

Public

10-

$1

Co

10-

12-

Illinois

8

$1

$1.37%

(quar.)

10-

10-

4% %

9-

9-201

$1.12%

$50c

50c

Central

—

10- 1

common

$31'Ac

I7%0

preferred

Molybdenum

Industries, Inc.
Monthly
Monthly
Monthly
Monthly
Clinton Water' Works, 7%

$7

4.10%

9-1®

1

1-0-15

$1.75

(quar.)

(quar.)
(initial

2

$6

Central

11-

75c

com.

9-

$10c

Electric

& Coke

9-1®

9-1®

1

15c

Illuminating,

9-

9-15

,

Iron,

1

9-19

Coal

preferred

Cliffs

1

1

Central

1
1

10-

(quar.)

10-

10-1

preferred

1010-

23A%

common

10-

10-

5%

conv.

Corp.,

Climax

65c

Central

$1
75c

(quar.)

9-19

75c

6%

9-15

62 %c

$4.50

(quar.),

6%

9-30

11-18
$1.78
11-19
$1*78 1-16-48 2-10-48

10-15

8-29

a2%%

British Columbia Electric, Ltd. (quar.)-——

British Columbia Power, Ltd., class A (quar.)

10-

8-29
•

Clary Multiplier

Capitol Records, Inc., $2.60 conv. pfd. (quar.)
Capital Transit Co. (quar.)
Capwell Sullivan & Furth OakPreferred 4 quar.)
Carborundum Co.
(quar.)
Carey (Philip) Mfg. Co., common
5% preferred (quar.)

4%

10-21

30C

(quar.)

9-19

$$2

Pacific Ry

Corp.,

1

10-31

8*

of

10-25

$50c

Co,-"(quar.)
Capital Administration Co., Ltd.—

Carrier

10-

250

preferred
(quar.)—
Cleveland Union Stock Yards

$31'Ac

Malartic Gold

Power &

®

10-15

$2.25

(s-a)

$$2

(s-a)

preference

Central

Co., Lta.—

(interim)




10-

(quar.)

•$1.50
Cannon Mills Co..———

6%

.

.

British-American Tobacco

10-

>

1

9-30

(quar.)—-

Bristol-Myers—
3%%
participating preference
Co.,

9-30
10-

25c

(quar.)

Oil

9-15

35C

common

British American Assurance
British-American

10-1
•

9-15

$1.37%

(quar.)

(quar.)

Co.

t$5

Cannon -Shoe

Carolina

10-

(quar.)

$75c

Westinghouse, Ltd. (quar.)
Wirebound Boxes, Ltd.—
class A (quar.)—

4.10%

$$1.50

Briggs1 Manufacturing Co._
$2

(■:.

25c

$12 %c

—

common

convertible preferred

Bridgeport Gas Light

Brillo Manufacturing Co.,
■

60c

&

Brazilian Traction Light & Power, Ltd.—
••
6%
preferred (quar.j

Bridgeport
'■

& Sons—

Kluge, Inc. (quar.)_
Brantford Cordage Co., Ltd., com. (quar.)
$1.30 preferred (quar.)

5%%
-

J.)

9-30

3iy4c

'

Brandtjen

Cleveland

$75c

preferred A

9-

1

30c

Cleveland Electric

Canadian

9-20

10-

10-31

(quar.)

—

•

9-15*
9-15

Canadian

10-14

_

(quar.)

Book of the Month Club (quar.)
Borg (Geo. W.) Corp. (quar.)
Borg-Warner Corp., common (incrd.

"

1
1

Canadian Silk Products, $1.50 class A (quar.)
Canadian Vickers, Ltd. 7%
pfd. (accum.)—

$3

1

11-

Yards

common

10-

Mines, Ltd. (s-a)
Canadian Oil Cos., Ltd.—
4% preferred (quar.)
*
&% preferred (quar.)
8% preferred (quar.)

9-20

$1

—

—

9-2®

16-

(quar.)

10-

.

Canadian

A

9-12

General

Canadian

1st

Class

9-15*

...

Bickfords, Inc. (quar.)
Bihgham-Herbrand; Corp. .(formerly
Bingham Stamping Co.), common
5% convertible preferred .(quar.)

"

5

7%

City Stores Co.,

$1.06'A
$1.06 V4

(quar.)..

General

11-10
75c

$1.75

pfd.

preferred
preferred

1

Investments, Ltd. (quar.)
Canadian Ice Machine, Ltd., class Al__
Canadian Industries, Ltd., common (quar.)_
7% preferred (quar.)_
'

9-10

1st

1

Quarterly

9-10

10-

7%

10-

(quar.)—.

pref.

9-221

87 %c

(quar.)

Stock

5%%

10-

(s-a)

Products, Ltd.,

Canadian

9-15

35c

Class A

Ltd.

15c

jl

Canadian

9-12

$35c

(quar.)—

—

9-12

$15c
$$1.75

9-159-3®.

$5o

City Investing Co., 5%% pfd.
City of Paris Dry Goods—

<:

(quar.)

com.

1

9-30

each

Washington (Pa.)—>
preferred (quar.)

'7%

9-15

1

10-

10-15

Clinton

A

Canadian Foreign Investment

9-12

$50c

,

1

10-

for

common

Citizens Wholesale Supply Co.—
6% preferred (quar.)
*
City Ice & Fuel Co. (quar.)

9-10

series

4'/2%

10-15

1

Bethlehem "Steel

Mfg.

10-30

&■

preferred

Extra

9-15

$1

^O-IO*

10-

1

45c

$1.12
Union

Citizens Water Co.

34%c

9-15

2%c

Quarterly

10-1$.

1

9-16

(quar.)

(quar.)

$62y2c

Corp.

class

conv.

non-cum.

Food

preferred

11-1.
10-

1

$0.2083

Oil

Cinzano

1

(Toronto) (quar.)

Co.

preferred

Cotton

Cincinnati

'

10-

.

RR.

10-15

9-15

(quar.).
-

Steamship Lines, Ltd.

Canadian

9-15

1

1

—

Bessemer Limestone Jfc Cement—

Bibb

1

10-

,

10-

<

c'

10-

25c

10-

-

•

9-19

50C

Hosiery- Co. .of. Can'
ada, Ltd., common (quar.)
1
?
45 %
preferred (quar.)
Bell Telephone Co. of Canada (quar.)
Bendix Aviation Corp.-—
(Bendix Home Appliances, Inc.
('Beneficial 'Industrial Loan, .common——
$3.25 preferred 1946 series-'(quar.)^_
4%

9-30

84%C

__

,fi Beech-Nut

-

9-15
9-19

35c

Foods Co., common (quar.);—_—
convertible: preferred (quar.)
•
Beatty Bros., Ltd. (quar.)
•Beaver Lumber Co.,. Ltd., $1.40 pfd, (quar.)

Glove

1

1

$1

Beatrice

Belgium

10-

10-

25c

<>•-' 3% %

45

9-10

1

$1

common

pfd.

$1.75

9-19

1

25c

preferred (quar.)
Baystate Corp. (quar.)

.

10-

$1.12%

4%

-is

10-

56'Ac

Louis

11- 1

9-30

—

Participating

$1

9-15

11-17

50c

Celanese, Ltd., common (quar.)
preferred (quar.)
preferred (quar.)
Canadian Cottons, Ltd., common (quar.)
6% preferred (quar.)
;

9-19

1

10-

Cincinnati Gas & Electric, 4% pfd. (quar.)
4%
preferred (quar;)
Cincinnati & Suburban Bell Telephone Co.—

9-15

1

Canadian

9-19

37 %c

com.

Extra

10-

9-16

11c

convertible

7%

9-23

„

10-

Participating
60c

1

1

10- 6

Varnish, 5% preferred (initial)
& Cable, class A (interim)
Canadian
Breweries,
Ltd.
(quar.)_
Canadian Canners, Ltd., common (quar.)
5% 1st preference (quar.)

9-19

(quar.)

10-

10-

Y.)

(N.

1

10-

Christiana Securities Co.—

9-15
9-22

10c

Canada Wire

30c

(quar.)

1
1

63c

Canada

10-

(quar.)

Brothers

conv.

Permanent Mortgage

.$1

10-

10-

Co.

10-

Fund

$2.50 prior preferred

9-12

(s-a)

$1.75

10-20

$3

Ltd.—

Packers,

participating

■

>•■/

Power

B

Canada

40o

2

10-15

(quar.)

$1.50

9-10

1

9-15

10-

(quar.)

$25c

Northern

preferred

Class

$1.25

9-10

10-1

15c

(irreg.)
Chicago Mill & Lumber (quar.)"
Chicago Pneumatic Tool Co.; com. (increased)
$2.50 convertible prior preferred

2

9-

10-15

Ginger

Dry

Canada

9-22

10-

(N.

Corp.

Forge Co.,5y2%

Canada

If- 9

1-2-48

8%o

10- 1

9-

11- 1

Ale, common—
$4.25 preferred (quar.)
$4.25
preferred
(quar.)

9- 8

1

9-30

9- 5

31'Ac

common

Mines, Ltd
.Chicago Allerton Hotel Co.

9-l6«

1

10-

10-15

Chesterville

10-25

1

1

25c

(quar.)_
(quar.)-

share of Chesapeake & Ohio Ry. held
(quar.)
3 '/2 %
convertible
preferred
(quar.)

9-26

11-

10-

50c

pfd. A

Common

9-11

9-30

10-15

56'Ac

(quar.)
j
Chesapeake & Ohio Ry. Co. (stock dividend)
l/40th of a share of New York, Chicago &

9-12

$5c

1st preferred (quar.)
Class
B
(quar.)

Canada Life Assurance Co.
10-

1

9-2®

$1.12%

conv.

Chemical Bank & Trust

9-12

75c

Canada Bread Co., Ltd.—

9-30

$1.50

1

11-

9-20

1

Cherry Rivet Co.

9-20

1
1
1
1

(s-a)

$1.50 conv. preferred (accum.)
California Water Service (quar.)

5c

Manufacturing

10-10

1

1

10-

Co.

Mfg. Co.,

preferred

Chemical

9-19

$$1.12%

California

9-15

(quar.)
(N, Y.)

Asphailt

Barcalo

10-20

101010101010-

25c
$1.75
50c../

(initial quar.)

9-18

1

20c

Y.)

9-25

Master

(quar.)

10-

56'Ac

(quar.)

Mfg.

When
Holder#
Payable of Rec.

5c

(quar.)

Candy-Co., 5%

5%

9-18

10-

preferred
Fibre

&

preferred

Chapman Valve

10-15

9-30

$4.50

Pacific Trading—-

1

Yorktown
Co.

preferred

$2.50

1

10-

10-

10-

83Ao

Y.)

1

10-31
9-30

(quar.)—

California

15c

(quar.)
(quar.)

(N.

9-18

$1.25
31'Ac
31'Ac
12'/2c
28'/ac
$2.14

Co.,

Calgary & Edmonton Corp., Ltd.
Electric Power $3 pfd.

5

10-15

Trust

Bankers

(P. H.)

.

the Manhattan Co.

10-1

Champion Paper

Chickasha

20c

-i.

Bank of

Chefford

$15c

7c

Hydro-Electric, common (quar.)
preferred (quar.)
...
preferred (quar.)

7%

10-

11-

75c

Bangor
4 %

Chase

9-18

28yaC

(quar.)

50c

■Bangor & Aroostook Railway—
r
5%
preferred
(quar.)
-

Ltd.

Steel

convertible preferred (quar.)

37 %c

(quar.)-;

Corp.

Extra

10*1

25c

—

preferred
preferred

convertible

9-15
10-16

1

56y4c

(quar.)

Inc

Steel—

.

683Ac

jl—:—--

Axe-Houghton Fund B, Inc
Axelson Manufacturing Co. .(quar.)
"Ayrshire Colliers Corp. (quar.)__.
Babbitt
(B. T.) Inc. (quar.)
Backstay Welt Co. (quar.)
Baldwin Company, 6% preferred (quar.)
Porcelain

9-15

1

40c

Buildings, 7% pfd. (accum.)
5% conv. pfd. (quar.)__
5% non-conv. preferred series B (quar.)—
Butler's, Inc., common (quar.)
4%% preferred (quar.)
Butler Mfg.- Co. 6% pfd
Byers (A. M.) Co. com.
7% preferred (quar.)
C. I. T. Financial Corp. (quar.)—*—
Butler

9-15

10-. 1
11-

500j

———

Corp., $2.20 conv. pfd. (quar,)..
Avery : (B. F.) & Sons, common (increased)
(.
6%
preferred
(quar.)
Avon Allied Products, 4% pfd. (quar.)
Avondale Mills, common (monthly)

Baltimore

6

9-15

1

tlOc

(Hartford)

1

10-

40c

:

4%%

9-16

1

10-

$15c

Mfg.

Axe-Houghton Fund,

10-

17 %c

$25c

(quar.)

;

10-

4'/2%" convertible

1*

Bush Manufacturing—

6

10-

1

9-30

56V4C

—

_—

Automobile insurance Co.

9-15

30c

—

Atlas Steel,. Ltd. (increased)
Auto Finance Co., common (quar.)

'

10-

Ltd.—

participating class A „(quar.)

?. Clas3
•

11-

933Ac

.

pfd. (quar.)

7%

1

50c

(quar.)

Extra

..

.

.

10-

$1.25
35c
$1.75
90c
$35c

Bush Terminal

Atlas Imperial Diesel Engine. Co.—
'J Series
A preferred
(quar.)
Auto Fabric Products,

9-12

Burlington

convertible preferred A
3.75% preferred B (quar.)

4%

10c

9-22

St.

10-

9-22

9-30

45c

,.

(quar.)

Atlantic Greyhound Corp.,
Atlantic Refining Co.—
■'

(extra)

$1

(initial quar.)
City Electric (quar.)

Atlantic

>

Manufacturing

$5

9-10

1

10-21

a5%

'

common

9-15

90c
25c
93%c
10c

—

25c

(interim)

1

$1

(quar.)—

preferred

preferred (quar.)
Bucyrus-Erie Co., common
7% preferred
(quar.v
Buffalo Niagara Electric, 3.60% pfd. (quar.)
Building Products, Ltd. (increased quar.)—
Bulova Watch Co. (quar.)
Bunte Brothers
(quar.)

10-

$15c

Associates Investment Co.—
(■> New

$3.60

10-

Brunswick-Balke-Collender—

Hardware Co., Ltd.—
C-Class A (quar.)-;
Associated Electrical Industries, Ltd.—•
(J. H.)

Ordinary

(quar.)*

Co.,

L.)

Co., common
preferred (quar.)—

3%%

B- 5

9-30

$200

(quar.)

$100
Ashdown

Shoe

(E.

10-15
10-15

20c

,

preferred

10-

9-18

9-18

$1.25
20c

-—

9-30

50c

(quar.)—

common

Share

Hosiery Mills com.
4'/2% preferred (quar.)
Chain Store Investment Corp.—

9-30

10-

Company

Chadbourne

15c

preferred (quar.)

25c

Per

Name of

9-19

$25c
—

..

Brown-Forman Distillers,

7%c

(quar.)

(quar.)

Corp.

Holdera

1

50c

Extra

9-18

9-30

10-

25c

Brown

Artkraft Manufacturing Corp.—

convertible preferred

(irreg.)

Bronx

10-

When

Monday, September 29, 1947

Payable of Rec.

18c

*_<.

Brompton Pulp & Paper, Ltd. (quar.)
County Trust Co. (s-a)
Durrell Co., common (quar.)

1

25c
25c

50c

CHRONICLE

§hare

Investing

Extra

50c

6%

of Company

Street

Brockway Motors Co.

t.

Arundel

FINANCIAL

Per

Broad

prior pfd.
(accum.)
This payment clears all arrears
7 % preferred (called for redemption Oct. 1
at $115 plus this dividend)
''Armstrong Rubber Co., class A (quar.)
*f *
Class
B
(quar.)
K43A% convertible preferred (quar.)
Arrow-Hart & Hegeman Electric (increased)
Art
Metal Construction
(quar.)
&

Armour

&

Holden

When

Per

COMMERCIAL

10-

1

0-17

9-30

9-23

9-17

'

$1
50c

$1.12
$1.13

10- 1
10- 1.

1-2-48

9-15
9-15

12?15

Share Payable of Reo.
75c
9-29
9- 2

of Company
Oil

(Del.) (increased)
Industries

Co.

Continental-United

25c

9-30

10- 1

$1.31%
12 %c
87'Ac

10-15
9-30
10-1
9-.»0

9-zc
9-lb
9-16
9-23

preferred (quar.) series A
Corning Glass Works, common
3%% preferred (quar.)
$5.25

$1.50

Coronet Phosphate Co
&

Corroon

$1
'

Reynolds

Corp.—

•

L.), Ltd. (quar.)
Cream of Wheat Corp
Creameries of America (quar.)
(R.

—
—

Crompton & Knowles Loom Works
6% "preferred
(quar.)
Crosse

Blackwell

&

Zellerbach

10- 1

10- 1

10- 1
10- 1

$2

9-30
9-30
12-31

12-17

30c

9-30

9-17

30c

9-30

9-17

15c
25c

9-30

50c

' 9-30
1-2-48
10- 1

9-20
9-18
12-18
9-19

$1

10-1

9-19

10- 1
$1.25 ,1-2-48
(initial quar.)-.,...
15c
10-15
20c
10-15
$1.12 %
10-15
(increased)
50c
10-20

9-18
12-17
10- 2
10- 2
10- 2
10- 6

$2

^Class B (quar.)
Crystal Tissue Co. (quar.)_.
Cuban-American Sugar Co.,
Common

common—!

(year-end)

Atlantic Sugar,
Extra
i

$1

(quar.)

common

:

preferred (quar.)

$1.25

„

5%

preferred (quar.)
Cudahy Packing new com.

Special
4%% preferred

,

!

Cuban

5%

—

(quar.)

Cunningham Drug Stores
Curlee Clothing Co.—

4% %

preferred (quar.)
Davenport Hosiery Mills (irreg.)
David & Frere, Ltd., class A (quar.)
Extra

Davidson Bros.

(quar.)—.

Chemical

Davison

Corp.

1—

(quar.)

Dayton & Michigan RR. Co, com
8% preferred (quar.)
De Long Hook & Eye (quar.)
De

Pinna

6%

(A.)

Co.,

(s-a)

class A

preferred

conv.

»—

(quar.)

De Vilbiss

Company
Records (quar.)

Decca

Decker Mfg.

(quar.)

Co.

9-30

,

Ex-Cell-O
Fabien

7%

preferred

7%

preferred

Fabricon

&

Brass

Detroit

Aluminum

Detroit
Detroit

(initial)-*

Detroit River

Tunnel

(s-a)

Class

B

(quar.)

Diebold, Inc. (quar.)
Disney (Walt) Productions, Inc.
6%
preferred
(accum.).
District Theatres (quar.)
Dixie

—

Fashion

Motor

9-10

9-15
9-15
9-20
9-25
9-25
10-10
9-16
9-17

Federal

5%

10-10

10- 1
10- 1

9-30
9-30
1- 5
9-22
9-22

10-25

10-15

10- 1
10- 1

9-13

Foster

9"19

Foster-Wheeler Corp.,

*25c$$1.75
$50c
$50c

convertible preferred

(quar.)™.!

$1.12%

10-

1

Douglas & Lomason Co. (quar.)

!

7%c

Extra

11-15

(quar.)
(initial)
Draper Corp. (quar.)
1
Dravo Corporation, 4% preferred (quar.)
Duke Power Co., common—
7% preferred (quar.).
Dun & Bradstreet, Inc.
4%%
preferred
(quar.)
Dunson Mills —;
duPont (E. I.) de Nemours & Co.—
$3.50
preferred
(quar.)
$4.50 preferred
(quar.)——
preferred A
2nd
preferred

;
!

•

Duval

9-30

Texas

Sulphur

'

$2.20

l

Eastern

Gas

$1.50
&

Fuel

9%

1st preferred A

10-10
9-10
9-22

10-10

$1

(quar.)
preferred (quar.)—

v

\

4%
\4%

_

Corp.,

Ltd.

Trust, Ltd
(quar.)

10-

1

9-15

General

12-18

12- 1

(quar.)

—

(quar.)

12-

17 %C

11-20

Co.

1010-

9-15

10-

9-15

Greenwich Water

9-19

Greif

75c

9-30

9-30

50c

10-

$12 %c

9-13

9-17

1

9-15

10-

9-30

1

9-15

37 %C

10-

1

37 %C

10-

1

10-

1

25c

10-

•i!$35c
12V2C

9-20

7%

10- 2

fl-20

General

25c

10- 1

9-19

General

50c
35c

10- 1

9-5

10- 1 9- 5
9-30 1 ' 9-15
,

9-30

9-15

$80c
12%c

10- 1

9-2
9-10

$1.06%

10-1

9-30

,

_

9-20

$1

10-

1

9-15

10-25
10-25

9-30

1

10-15

1

10-15

10-31

10-15

''Gtiardian Public

El Dorado Oil Works

(stock dividend)

100%

12-15

11- 3

General Portland

10-31
10-31

10-15

2

7%c

10-

1

10-

30c

Non-cum.

$1.50

Gulf

9-19

9-19

7

9-23

9-30

9-25

9-30
10-

1

9-19

9-30

9-15

9-30

9-16

;$ 1.75

10-15

9-30

9-30

9-20

*12%c

10-

1

9-20

*$3.75

10-

Class

■5%

8-29
8-29
8-29

10-

1

9-20

10- 1

9-19
2

9-

9-19

1

9-

9

Utilities

series

10-

1

9-

9

Hartman

9-20

11-

1

10-

1

10- 1

9-26

1

9-26

45C

10-15

9-30

25c

10-

1

9-15

37 %C

10-

1

9-11

9-25*

10c

10-

1

9-25*

25c

10-

1

10-

1

-

—

10-

1

$1.25

10-26

9-19

$1

11-25

11-10

25c

11-25

I

Hreinz

Heller

1

9-18

11-

1

10-10

$1.25

10-

1

Invest.

25c

10-

2

6c

1

9-16

$3

(quar.)

Co.

(N.

.-™i™
Y.) (quar.)

10-

1

9-20

10-

1

9-20

Helme

*20o

1

11-15

10-

1

9-15

$1

10-

1

9-15

9-30

25c

9-22

$1.12%

10-

1

$1.06%

10-

1

9-10

50c

10-

1

9-19

10-

1

9-19

10-

1

,9*19

10-

1

9-17

*

t

$1.25
30c

(J.

;

9-10

9-30

9-15

10-20

10-16

10-

1

15c

10-

1

9-20

$1.25

10-

1

9-20

$1.25

10-

1

9-20

*15c

—.

25c

9-30
10-

9-15

9-22

1

9-22

$1.12%

10-15

9-30

12 %c

9-26

9-12

$1.25

(quar.)

Co., com,

-i

9-30

8-21

(quar.)™

Glass

(Walter E.)

(quar.)_

Co.

& Co., common

(Geo. W.) Co. com.

(quar.)

—™
-

—■ ■

9-12

1-15-48

1-

5

10-

1

9-19

10-

1

9-20

1

9-13

10-

1

9-15

10-

1

9-15

9-30

9420

10-

9-30
9-30

9420
9-20

10-

1

9-t 6

10-

1

9-

6

J150

10-

1

9T'l5

*$2.50

10-

1

9-15

$1.50

10-

1

8-20

25c

preferred (s-a)
$6

9-11

1

15c
$1
$1.37'/a
$1
$1.75

(quar.)™

*

10-

1

9-24

10-

1

9-19

10-20

10-15

(quar.)

Henkel-Clauss,

1

10-

75c
$1.50
30c
45c
91'Ac

—™

7% preferred (quar.)
Hendershot Paper Products, Ltd.—
Common

10-

50C

J.)

(quar.)

preferred

Hercules Cement Corp.—
New

(initial

common

quar.)

Corp
Products

—

(quar.)

1

10-

6

10-

6

Hinde & Dauch Paper Co. of

Quarterly

9-16

9-16

11-11

Co.

11-1

9-15

9-19

1

25c

Tobacco

10-

1

12

50%

5

9- «

50C

$1.25

1

12-

9-

20c

* 10c

Insurance

933Ao

9-30

«

9-29

$1.50

Motors

10-

9-15

1

$1.50

Steel

10-

1
1

25C

—-

Hlnde & Dauch Paper

25C

1010-

Co.

Hershey Creamery Co. (quar.).
——
Hibbard, Spencer; Bartlett & CO. (monthly)*

25C

9-15
9-15

:18- 1

15c

Hercules

25C

9-10

t-

10-

^

Hercules

9-10*

1

$1.50

9-15

id- 1

10-

50c-

preferred (quar.)„

9-19

$1.25

1.-104 IV-

.

n55C

50c

9-16

——-

9-2

10-

25c

1

10-

9-25
9-13

Tr., pfd.™ :.

10-20

12 %C

1

9-29

1

(quar)

preferred (quar.)
5% % preferred (quar.)

9-20

——

5

10-

4,.

4%

5%
10-

9-

9-15

$1.25

Co., common (quar.)
3.65%
preferred
(quar.)
Helena Rubinstein (see Rubinstein, Helena)—

-

$1.75

9- 15

1

30c

preferred

Insurance

Fire

Hazel-Atlag

11-10

87 %c

10-

$50

$3 non-cum. preference (quar.)
Hawley Pulp & Paper, $6 pfd, (quar.)

9-20

40c

10-

75C

.

Common

9-15

15c

10-

1

9-20

——

Fire

Hartford

$1

9-20

1

Harrisburg Steel Corp.
Hart Battery Co., Ltd
Hart & Cooley Co.

1

25c

9-20

1
1

<•

preferred (quar.)—>—,
Harrisburg Gas Co., 4'/a% pfd.

1

50C

1

10-

1

preferred ■ (quar.)
Harding Carpet, Ltd. (interim)
Harnlschfeger Corp. com.
5% preferred (quar.)
5% 2nd preferred (quar.)
Harris-Seybold Co., common (irreg.)

10-

9-15

10-

10-

6%

10-

9-30

9-

(Hartford)—

Winkle-Munning
Harbison-Walker Refractories

10-

9-30

1

10-

(accum.)

preferred '(quar.)

9-20

1

10-

50c

9-30

1

9-10

*5c

B

9-15

-

$1 preferred (quar.)_
preferred (quar.)

10-15

10-

(stock dividend)
(quar.)
4% preferred (quar.)
—*
Hamilton Mfg. Co, (irreg.)
—
Hammermill Paper Co., 4%% pfd. (quar.)™
4'A%
preferred (quar.)
Hanes (P. H.) Knitting Co., common

9-30

!

$5 pfd. (quar.)

1

$1.06%

Hanson-Van

31'Ac

(quar.)

9-19

11-

Corporation

Hajoca

$2

*

2

Haloid Company com.

75c

(quar.)

10-

20c

Quarterly

Hanover

(quar.)

(quar.)

2

50c

(Bait.), 6% pfd. (quar.)
Gypsum Lime & Alabastine (Canada)—

9-15

1

8-30

10-

$1.75

Guilford Realty Co

9-15

10-

8-30

9-30

40c

(quar.)

Gulf Power Co., $6
Gulf*Public Service

9-30

10-

9-19

9-30

*75c

(initial)-™-

common

new

Corporation

9-30

10-

1

*750

25c

9-12

9-16

Oil

37 %c

•

Cement

10-15

Guardian Rail Shares Invest. Trust—

Holland Furnace Co.
•




10-31

*62 %C

$5

$5' preferred (quar.)

2nd

9-23

11-15

56'Ac

Sugar

$1.50 preferred

10-15

10-

(quar.)

Corp.,

i

9-30

75C

(quar.)
Corp., $3.50 pfd. (quar.)
Industries, 5% pfd. (quar.)

Paint

9-20

10-

(quar.)™

Western

Guantanamo

9-17

11-

(quar.)

Foods

convertible

1

—

9-17

$30c

Co

preferred

9-15

10-

$1.50

pfd,

9-30

1

'"

$3.75

9-15

1

25c

•

1

$$1.37

com.

General Motors Corp.,

9-20

1

10-

31'Ac.

10-31f
*

$$1.25

preferred

General Mills,

1

10-

(quar.)

Guardian Investment Trust

50C

Corp.

10-

(quar.)

com.

9-20

10-

40c

(quar.)
Dry Batteries

General Machinery

10-15

.1.

9-15

11-

—

'

General Instrument Corp. (quar.)
General Investors Trust (Boston);

9-19

10- 1

1

$1

Brewery Co
Griggs Cooper & Co.,
5% 1st preferred (quar.)
Group No. 1 Oil Corp
Gruen Watch Co. (quar.)—

2c

Co.—.

11^

Co., Inc.

0^30

10-

:12%C

(quar.)

(quar.)

General Flreproofing

9-20

2

10-1

25o

10-15

*27 %c

Co., $5 pfd. (quar.)
Guaranty Trust Co. (N. Y.) (quar,).iC

»

9-20

1

15c

(quar.)-—

9:30;it'
,

9-19

11-

25c

-

10-15"

1

:25C'

$12.50

9-15

9-30

10- 1

$1^
40c

(initial)

pfd.

Class B

Griesedieck

1

9-10
9-10

$0.0529

9-17

10-

1
1

—

'

System, 6%

1

10-

1010-

10c

(N. Y.)

Cooperage, class A

10-

$1.12%

common

•■A.

m

—*.!•—

Bros.

9-20

±

Corp.—
preferred (quar.).

Corp.

9-12

9-12

$$3

Participating

9-15

1

Co.

1

Corp

2nd pfd.

9-30

9-30

32 %c

preference

pfd.

10-

(quar.)

Electric

$1.25 partic.

t$1.50

—

Brewing

Greenwich Gas

9-19

Greyhound Corp.,
4%% preferred

25c

pfd.

$1

preferred

10-

9-19

9-22

Co.—

20c

•

10-15

$1.25

-

70c

(quar.)

$4 preferred series C (s-a)
5% preferred A (s-a)

General

participating preferred

9-19

General Finance Corp.—
"■

Edison Bros. Stores—

4%%

1

$12%c

(quar.)

preferred

General

12 %o

Investment

Ecuadorian

10-

9

9-8

40c

(quar.)
Great-West Life Assurance Co. (Winnipeg)—
Quarterly
Great West Saddlery, 6%
1st pfd. (quar.)™
6%. 2nd preferred
(quar.)
Great Western Sugar, com. (increased quar.)
7% preferred (quar.)
Green (H. L.) Co., Inc. (quar.)
Greening (B.) Wire Co., Ltd. (quar.)

4c

Baking Co., $8

General Capital Corp
General Controls Co.,

9-15

(quar.)., $1,50...
Easy Washing-Machine'Corp.; common A™ '*;12%c'
Economic

$1.25

$50c

(quar.)

1st preferred

25c

B

9-15

Investors—

conv.

1

preferred

Common

4

9-15

$1.25

(irreg.)

~

6%

9-12

10-

1

B

convertible

34 %c

American

convertible

$1.12%

*

Eastern Steamship Lines, com. (quar.)
$2 convertible preferred (quar.).:
1!
Eastman Kodak Co., common (quar.)™

10-

West Felt

50c

28 %c

preferred

10-

$1.80

$2 par and no par value (quar.)

1

10-20

75c

E.)

General Cable

/ 6%

(quar.)

Common

10-

1

55c

participating preferred A

$1.50

L," .Eastern Racing Association, Inc.—
'

9-12

General Builders Supply

Associates—

6%
preferred (accum.)
4%% prior preferred (quar.)
Eastern Massachusetts Street Railway—

1

$2

—

Extra

5%

10- 1

10-

10-

General American Transportation—
Initial quar. —

9-20

37%c

9-20

Gemmer Manufacturing—

I

(quar.)

9-20

12 %c

Power Co.,
common
preferred
(quar.)
preferred (quar.)

9-15

9-30

Great

1

$$1.12%

Gatineau

10- 1

10-25

Great Lakes Steamship

class

new

20c

preferred (quar.)
5%% preferred (quar.)
Garlock Packing Co.
(quar.)

General

25c

9-20

$1.20

40c

4 V2 %

General Box

1

1

62 %C

(quar.)™

com.

pfd.

9-

pfd. (quar.)

(quar.)

10-

$50C

conv.

9-18

1

9-30

30c

preferred

A

Great Lakes Power, Ltd., $7

9-19

9-15

10-25

Co., 6%

1

10-

?$1

-

9-26

25C

Co

10-

62 %c

Lakes Paper Co., Ltd.—

$1.18%

(quar.)

common

$1.12%

-

(quar.)

1

(quar.)

Ltd.,

J.),

9-18

*15o

10-

I

Canada, Ltd.

1

—

(irreg.)———

Co.

9-15

9-19

10-

-

933Ac

$6

1

1

pfd.

conv.

Class

1

1

9-11*

1
1

(quar.)-

common

9-

10-

10-1
10-

(quar.)

1

10-

9-II*

10-

Quarterly
Great

1

10-

8-30

87%c
$1.12%

9-

$1

Co., 4%% pfd. (quar.)
Gair (Robert) Co. 6% pfd. (quar.)
Gannett Co., Inc., class B conv pfd. (quar.)
Garfinckel (J.) & Co. com.

9-20

1

1

56'Ac

(R.

10-1...

10-

10-

9-22

$4.50

Toy, Ltd.

T.) Company,
preferred (quar

Great American Insurance Co.

9-16

1

$3

$2.25

9-16

1

>

1

Grayson-Robinson Stores—

10-21

1

10-

10-

10- 1
10- 1

10-

9-17
10-21

10-31

$3

preferred (quar.)
Industries, Inc.—

75c

$1

9-30

10-31

Funsten

10-1

$1.12%
„

9-17

10-

15c

75c
•

9-30

10-

9-11

50c

Graupner (Robert H.), Inc., 6%
Gray Drug Stores (quar.)

$1.50

General

(quar.)

pfd.

(A.

$1.75

...

9-20

1

$1.50

-

10-

:

50c

—

1

1

1

$1.75

;

33A %

Bag & Cotton Mills (irreg.)
J—
Fulton Trust Co. (N. Y.)
(quar.)^^/—

General

(quar.)

1

10-

10-

56'AC
•

Fisheries, Ltd. (quar.)
Hosiery Co., Inc. (increased quar.)-

Extra

.

——————

Brewing

Mfg.

10- 1

10-15

10-

$20

Brewing Co. of Mich,

(D. B.)

5 V2 %

Foods

9-17
10-

11-

40C

,

9-20

10-16

1

10-25

$1.25

Gorton-Pew

15C

Fulton

9-20

10-13

Gordon

(W.

"25C

Fuller

*

Eason Oil Co.

(Peter)

Frontier

10- 1

$1.
67 7/10e

6

9-15

10-

62 %C

_

1

10-30
'

60C

*

&

Extra

9-20

9-30

10-15

9-

9-30

25c

prior pfd. (quar.)

6%

15c

87 %c

(quar.)™

Extra

Grant

(s-a)

class A pfd.

4>/2% preferred (quar.)
Froedtert Grain & Malting,

9-10

25c

(Initial)

$4

;

1

6

Grand

Co

Sixth

West

Luxe

Freiman

10-15

10-

1

4

9-

40C

Extra

9-1

2%c

Dow Chemical Co., new common

'

de

5%

$25c

10-

11-

1

9-15

Francisco Sugar Co. (irregular)—
Fraser Companies, Ltd. fquar.)

ponnell & Mudge, Ltd.—
convertible class A (Initial)

10-

9-10

—

Depot Co.

Co.

Foundation Co. of

10- 1

10- 1
10-15
10- 1

11-28
1

$2

A

Pressed; Steel

Fuller

,10- 1

$$1.25

Extra

$1

Union

,Foiir-Twelve

10- 1

11- 1

9-15

9-15

10-15

Corp.

Insulation

& Kleiser

(N. Y.)

50c

Common,

10- 1
9-1
9-5
9-15
9-1

$25c

9-11

1

1

1

Dairies, Inc., common (quar.)
preferred (quar.)

Street

11-25

10-

common

20c

Class

Steel

..

9-26
9-26
9-30
12-31
9-30
12-31

9-30
10-

10-

9-30

Foremost

9-30
9-10

9-30

60c

Stores,

Shoe,

9-15

11-29

75c

(quar.)
Bros., $2.50 preferred (quar.)
Co., Ltd., 4% pfd. (quar.)—Common (quar.)
Goodrich (B. F.)
Co., common
$5
preferred
(quar.)—
*
Goodyear Tire & Rubber Co. of Canada,
Ltd., (quar.)

10-

*—

9-30

25c

.j„.

preferred

10-15

$1.06%

(Increased)
Food Machinery Corp., common (quar.)
Foothills Oil & Gas Co., Ltd
Foreign Light & Power* 6% 1st pfd. (quar.)

9-30
9-17

$4.50

9-18

(quar.)

$1.12%

(s-a)

(quar.)

Golden State

1

B

Follanrbee

(quar.)
Company, preferred

Co.

Co.,

1

—

(N. Y.)

11- 5

Fox

9-15

$1

Rubber

&

11-18

Fox

preferred
(S. A.)
Art

11-

(quar.)

15c

Goldblatt

37 %c

4%% .preferred ..(quar.)—_:

jFostoria

9-30

9-fO

35C

-.

Tire

9-26
9-19

,9-30
9-19
11- J

1

50c

9-16

t.'^d-l#

9-15

10-20

10-

com

Pennsylvania

of

National

Fort

1

Gotham

Inc.
(quar.)
Fisher Bros. Co., $5 pfd. (quar.)
-i.—
Fitzslmmons 3tores, Ltd.—
7%
preferred
(quar.)
Florida Public Utilities, common (quar.)—

W- 3

4%%

Co.

Formica

10-

9-11

56 %C

(quar.)—

Extra

6%

9-15

$1.50

1

37 %C

Participating

Florsheim

1

2

10c

York

New

Equipment Bureau, Inc.
4% participating preferred

Firestone

9-15

10-

62 %C

Filing

Finance

9-15

$1.25

10-

IOC

of

15C

9-15

10-

40o

(quar.)

Bank

Avenue

First

9-30

,

preferred

,

9-19

(quar.)

(quar.)
4%%
preferred' (quar.)
Globe & Stock Telegraph (quar.)
Globe-Wernicke Co., 7% pfd. (quar.)
Godchaux Sugars, class A (quar.)

9-11

10-15

*15c

(quar.)

9-30

1

Glidden

9-19

15C

9-30

Voting trust certificates (quar.)
$1 preferred
(quar.)™
™
Dominion Textile C<y., Ltd., com. (quar.)„
7%
preferred
(quar.)
Donnacona Paper, Ltd. com. (s-a)

„

J.

9-19

1

50c

of N.

9-19

9-30

$1.06%

HI

class A

Glens Falls Insurance Co.

9-19

9-29

$1

Department Stores, com. (quar.) —
4%% convertible preferred (quar.)—
Federated Publications (irregular)-—
Federation Bank & Trust Co. (N. Y.) (quar.)
Feltman & Curme Shoe Stores, com. (quar.)

10-15
10- 1

—

3-

9-29

30C

Extra

12-15

—

9-16

10-

60c

Truck

12-23
9-29
12- 1

common.
^/'
'^250• 10-23 '
A ,(quar.)
tJ. $2%c
10,
Dwie-Homes Stores, Incf (quatJP™".,™™_™:
,
,15c
10-15.
Dixon (Joseph) Crucible Co.__ilii_,r——r ;
$1
: 9-30
Dodge Manufacturing Corp. (quar.)—:_™„
15c
11-15
Dome Mines, Ltd
—
*25c
10-30
Dominguez Oil Fields (monthly)
15c
9-30
Dominion Dairies, Ltd.—
5% non-cum. preferred
(quar.)
*44c
10-15
Dominion Foundries & Steel, Ltd. (quar.)_
*35c
10- 1
Dominion Glass Co., Ltd., common (quar.).
t25c
10-15
7% preferred (quar.)
t35c
10-15
Dominion Malting Co., Ltd., com. (quar.)_
*25p
11- 1
Common
(quar.)
*2&c
2-2-48
5% preferred (quar.)
$$1.25
11- 1
5%
preferred (quar.)-,.
$$1.25
2-2-48
Dominion Oilcloth & Linoleum Co., Ltd.—
Quarterly
;
:
J40c
10-31
Dominion Tar & Chemical Co., Ltd.—
Common (quar.)
$25c
11- 1

2

9-17

93 %C

1

25C

Co.

1

9-30

Refrigerator Co. (quar.)
(A. O.) Co., $3.50 preferred (quar.)Gillette Safety Razor Co., common (quar.)_
$5 preferred (quar.)

11-15

10-

30c

(irreg.)

Shops, Inc.

9-17

10-

BI'AC

Gilbert

9-12

1

10*

9-23

1

10-

6c

—

Federated

10-1

Cup'Co.,

9-30

250

(quar.)

1

10-

Gibson

30c

'

10-

40c

10-

4%%

9-25

12-

9-13

55c

Gerber Products Co.—

9-25

•

,!■
(quar.)_

10-

12-31

1

>

9-30

9-10

)5C

Gerrard

1

12 %C

9-10
9-19

25c

Gibson

10-

$2.50
'

1

9-30

_I

3

10-

5c

1

10-

50c

(quar.)™-.

9-19

$1

$1.25
*62 %c

10-

30c

$1.06 %

preferred

9-

10-25

40c

Co

Insurance

9-30

$2.50, clgss

"

1

(quar.)

Inc.

Rubber

Bake

10- 1
12-23
10- 6

20c

10-

1-25-48

25c

$1.50

(quar.)

$2.50

Park.

Faultless

9-10
9-10
9-20
9-20

87%o

9-19

—

Quarterly

9-15
9- 2

30c
15c
25c

Devoe & Raynolds, class A (quar.)

9-19

1

$1

new com. (initial)
Foods, 4% preferred (quar.)
(irreg.)
Falconbridge Nickel Mines, Ltd. (.irreg.)^___
Family Finance Corp., common (quar.)
4%% preferred A (quar.)
Fanny Farmer Candy Shops (quar.)
.™
Farmers & Traders Life Insurance Co. (Syra-

10- 1
*0- 1
10- 1
10- 1
10-1
10-20
9-30
10- 6

25c
10-10
$4 1-15-48

Extra

8

10-

Common

Class

Detroit-Michigan Stove Co.—
6%
preferred (quar.)
Detroit Steel Products new com.

10-

50c

Fairmont

25c

,

75c

Fafnlr Bearing Co.

80c

(quar.)i.

Edison Co.—*——
International Bridge

9-19

>

30c
20c

!

(irreg.)

Common

9-19

1

(quar.)

Products

12Vic

Derby Oil Co., common (irreg.)

9-30
10-

9-30
9-30

Georgia Hardwood Lumber (quar.)
Georgia Power Co., $5 pfd. (quar.)
$6 preferred (quar.)
;
;
George Putnam Fund of Boston (quar.)„™

9-25

9-15

20c

9-30

1
1

_•

(quar.)

preferred

65C

$1.78
$1.78
40c

(quar.)

1
1

11-

II

Rubber, 3'A% pfd. (quar.)™

Genesee Brewing Co.,
Class B (quar.)

9-22

1

10-

10-

$1.75

(quar.)

Printing

First National Bank
—

—

(quar.)

common

25c

quar.)

10-

10c

Corp., common

preferred

4%%

9-20
9-15

50o

Corp.

Textile

Federal

9-30
9-30
10- 1
10- 1

1

$1

Johnson

4%%

Holdert

1

11-

$1

preferred

General Tire &

9-30

$3.50

Equipment

Federal

92 %c
$1
10c
12%c

preferred (quar.)
—
4%
preferred
(quar.)
Denman Tire & Rubber, common (quar.)
5% convertible preferred (quar.)
Dentist's Supply Co. of N. Y.

10-

62 %C

(s-a)
&

Eversharp, Inc.,
5%
preferred

Delaware Power & Light—
3.70%

9-20

25c

9-15

10- 1
9-30

1

20c

preferred (quar.)
Fund, Inc
Co., 5% preferred (quar.) —
Essex Packers, Ltd., 5%
1st pref. (quar.)—
European & North American Railway (s-a).
Evans
Products
Co.
(quar.)...
—

1®"25

15c
$5

10-

11-

$1.37 Va

33A%

Railroad

Fifth
elaware-New Jersey Ferry
Sejay Stores (quar.)—_—

25c

4%

Erie

9-19
9-5
9-20
9-20
9"22
9-15

10c
25c
87 %c
$150c
5c
15c
25c
25c
5c

(quar.)

Dan River Mills, common

10-1
10- 1
10- 1
10-1
10_ 1
9-30

*25c

preferred (quar.)
Curtis Publishing* $4 prior pfd.

9-10

47

Payable of Rec.

$1.50

(quar.)

4.40% preferred (Initial quar.)™
General Time
Instruments, common

9-10

1

Equity

■

$1.12%
75o
25c
$1.12%
$1
*25c

4% %

1

Quarterly

10-21

100%

Stock dividend

preferred

9-19

10-

75c

(quar.)

General

10-

—

Derrick

6%

When

Share

preferred

Signal, common
(quar.)
Reinsurance Corp._
General Telephone
Corp. (quar.)

9-17

9-19

$1.50

Storage

Endicott

■

(quar.)

A

7%

Company

$4 conv. preferred
General
Railway

9-20

1
1

$1.75

Co.

Emsco

9-12

9-30

$1.50

Battery.
5% pfd. Oquar.)
Realty Associates.;
Einerson Drug Co., 8% preferred (quar.)
Emerson Electric Mfg. Co., common
7% preferred (quar.)—
Empire Trust Co. (N. Y.) (quar.)
Emporium Capwell Co., common—

9-30
9-13
9-16
9-18

40c

$1.25

conv.

9-10

1

10-

10-

$2

Embassy

9-10

10-

75c

(quar.)—

Quarterly
Elliott

1

9-30

15c

—

&

Power

Name of

General Public
Service, $6
$5.50 preferred (quar.)

Inc.—

preferred

prior

Electric

9-16

10-1

Co. (quar.)
(quar.)
Mfg. (Irreg.)

&

Light $6 pfd. (accum.) —
$7 preferred (accum.)
Electrical Products
(Calif.)
(quar.)
Electrical Products Consolidated
(Seattle)-—

9-10

Crum & Forster Securities Corp.—

Class

6%

Electric

9-10

9-30

40c
t$5

pfd. (qua!*.)—
preferred (quar.)
(quar.)

preferred

Electric Ferries,

10-

60c

common

Manufacturing
Auto-Lite

9-22

25c

Corp

Crucible Steel Co., 5%
Crum & Forster, 8%

8%

10-^1

Gas,

Controller

Per

Payable of Reo.

$1.12%

(quar.)

Natural

Electric

™

partic.

Crown

Elder

9-23
9-18
9-15

Co.—

1st pfd. (quar.)
Crown Cork International Corp.—
Class A (accum.)—
Crown Life Insurance (Ontario) (quar.)
$1

10-1
10-18
10- 1

Paso

Electric

no

40c
35c
$1
$1.50

preferred A (quar.)™.
International Corp (resumed)

Crain

'

„

25c
20c
tlOc

dividend

Coty

El

(1295)

Holdert

(Texas)—

Co.

preferred

$4.50

9-15

Electric

Cornell-Dublier

Electric

Paso

When

Share

Name of Company

.

El

9-10

$1.62%

pfd. (quar.)

Cooper (Peter) Corp., 6%%

CHRONICLE

Per

Holdert

When

Per

Name

Continental

& FINANCIAL

COMMERCIAL

THE

Number 4633

Volume 166

Extra

-

Co. (quar.)

—

(quar.)

25c
8c

,

.•

.

50c
.25c

9-30

9-20

10-31

10f,21

50c

9-30

9-

5

Canada, Ltd.—

?25c

10-

1

8-30

25c

10-

1

9-12

25o

10-

1

9-13

(>#

48

THE COMMERCIAL

(1296)

.

.

Honeymead Products

(quar.)

Horn

Hardart

&

iHorner

Baking

9-12

9-30

10- 1

9-20

<9-30

9-20

9-29

9-18

Ltd. class A
(quar.)_
Corp., 6% preferred (quar.)—

10-

9-

1

10-

2

4%

$2.25

pfd.

conv.

Household

(oaur.)

Finance

Houston

;5%

Natural

Houston

Oil

common

Field Material Co.,

Howell,.Electric Motors

9-15

9-30

9-15

9-30

9-20

$1.3,7%

9-30

$2.50

10-15

50c

9-30

.10c

10-10

$$1.25

10-7

—

(annual)

Humphreys Mfg. Co., -common
0% preferred
(quar.),
Huron <& Erie Mortgage Corp.
(Ontario)—
-Quarterly
Huttig Bash & Door, 5% pfd. (quar.)—.
6 %
preferred (quar.)
Huyler'js,-$2 partic.:lst preferred .(s-a)
$1 convertible 2nd preferred (s-a)
Co.

$4.75

preferred

Imperial

9-19

10-1

9-15

La, Plant-Choate

9-30

9-20

LaSalle

12-30

12-20

11-

1

10-15

11-1

10-15

Laclede

Gas

9r30

9-13

Laclede

9-30

9-19

Lake

Dufault
St.

1

9-15

,

50c

—

10-

$1.18%
30c

—

(quar.)

1011-

1

10-

11-

1

7%

'

11-20

11-

Independent

Pneumatic

Tool _(quar.)—,

$1.03%

—

Common: (quar.)

414 %

5%

preferred

.

9-17

10-

9-12

9-30

9-

—$$1.06%

9-

-

1

9-15

Lerner; Stores,

20c

8-29

9-30

9-16

50c

9-19

Class

50c

.

10-

1

9-15

50c

10-15

9-15

10-15

9-15

$37 %c
$37 %c

(quar.)—

;

vInternational Paper

Co.^ co.mmon

(quar.)
International Salt Co. (Irreg.)
International
Shoe
Co.
(quar.)

9- 9
9-19

1

10-

$8%c

11-

1

10-

10-

1

of

10-

1
1

9^15

10-

1

9-11

1

9-13

15c

9-30

9-15

9-30

9-15

50c

10-15

9-25

10-

10-

10-

Lord

10c

10-15

2c

9-30

9-15

,9-30

9-15

10-

$1.50

1

10-

1

$1.75
JJOc
,15c

10-

1

&

,4%

1

Heintz
Public

:lfl-

1

9-; 8

$1

10-

1

9-18

9-15

50c

10-

1

10-

1

.7%

n%
5%

.5%

A

.10-7

quar.)

10-1

:x25c

C__
D

8-29

9-15

Co^; .5%: preferred (quar.)
3%% preferred (quar.)

10-

Stephens & Shinkle
Joliet & Chicago RR. Co.—
'Stamped

common

Shoe

Journal Publishing Co.
Quarterly
Joyce, Inc. (quar.)„

pfd.

of

(quar.)^

I

(quar.)

Natural

$1.25

10-

1

9-15

$1.75

10-

1

(cash

div.)—

20c

10-1

9-15

10-

$5 preferred '(quar.)

Keith

(George-E.) Co., $5 prior pfd. (quar.)
$2 junior prior preferred (quar.)——
Kellcy Island Lime & Transportation (quar.)

KellingHut Co., .6% preferred (quar.).
Kellogg Switchboard & Supply Co.—

Class

B

Forbes,

& Co.

Co.,

Tire ,&

7%

preferred

class

A

(quar.)

—




s9-li
;9-15
9-19

Market Basket,
Inc., common
$1 preferred A
(quar.J

10-

1

9-19

Marlin-Rockwell Corp.

"L

9-15

50c

-10-

1

-9-15

9-30

9-22

15c

30c

9-30

9-15

10-31

Marsh

<M.)

9-15

37'/aC

10- 1

9-15

-.<

.•>•"

,

&

Son,

6%

preferred

'

Maryland

Drydock

4 %

%

10-

25c
*•

«..5dc

preferred

>9-19

i

1

9-30

r

' f:9-30*

>

1

10-

6

9-25

■10-

1

9rl6

10-

1

9-16

10-

1

9-16

10-

6

10-

1

50c

(liquidating)

$2.85 1

•

5Qc

56'Ac

corn,

(quar.)

10-

7%c

_-

9-26

9.-12
9-15
>9-19

9-29

9-19

15c

10-15^

10- 3

20c

10-

1

9-11

56'Ac

——

10-

1

9-11

(quar.)

25c

9-30

9rl0

25c

"

$4.60

1

9-29

2%c"

i

pfd.

(initial

quar.)

9-30

9^10

9-30

9-10

10-

1

9-15

1

9-15

10-

10-15

9-30

$1.15

10-

1

9-12

17%c

-

10-

1

9*20

(s-a)

$1

Light $3.90 pfd. .(quar.)_^

10-15

97%c

10-

9r30

.

1

9-15

$75c

10-

1

9-15

35c

10-

1

9-19

$1.22'/2

10-

1

9*19

t25c

10-

2

$12V2c

10r

1

9-15

$12%c ' 1-2-48

12-15

•

20c

Co

Knitting Co., Ltd.,

9-25

10-

9-15

12 %c

10-

9-19

$15c

10-

9-. 2

tlOc

10-

9-

t$l.-12%

10-

9-: 2

—

(quar.)

:

Co.—

'

■

.

Chemical

Co.-

$1.75

'

;

<

,

„10-15

62%c

10-

10-

1

-10-

1

,

-87%o
.<

>••

___*

(quar.)

!

-preferred

20c

10-

•do-

;

5

9J5
9"-

10-

10-

15c

1

1

5,

,9- 5
,

1

9- 5
9.-

5

10-

1

10-

1

9J5

10-

1

J J»J9

10-

40c '

,

9-

'10- 1

62%c

•

9^15

1

10-

...

___J
(quaf.)
R.) 1 Dry Goods >(quar.)
Morris (Philip)
see Philip Morris
,
Morris'Pftper Mills, 4%% pfd. (quar.)

9-15

10-15

59 3/lOc
■
'! V

preferred

9-15
*9-15

.10- I

t$1.75
__'•'
t25c

(William

1

10-15 *

75

-

'

9-13
11 JO

1

10-

* t40e
$55%c:

<

9.-13

12- 1

'/'• 130c

^

1

9-20

.

■'

-

$1.62%

....

10-

1

25c

>
.

Lines—

2

,

Equipment, 5% pfd. (quar.)___
"Co., -common L_.
!____
preferred
(quar.)
-.
''

conv.

9rl5

"10-15
'

62V2c

(quar.)

com.

9,20

10-1

50c

pfd.

preferred

i J Moore

.

.*

(9-30

10-

,25c

8>29

9--30
10-1

1

fl;25

1010-

r

9-15

>

1

$17%c

-<10-15

25c

10- 3

9-20

9-20

Pv20
9-20

10-

1

.40c

10-

Co.

8%

=

Nashua

Mfg. Co.-2nd pfd.

<9-20

convertible

11*15

1

9e30

9-30
.

9-16

1010-

1

2

9-3p

9.-15
9-16

9'-15

10-

1

9-19

10-

1

9r22

9-30

41.50

•

9-12

12-26

13-18

(quar.)—

37 %c

(quar.)

50c

10-15

9-30

10-

9JO

1

Inc.r—

preferred

(quar.)

37%c

,10- 1

9-16

Nation-Wide Securities Co., Inc. -(Md.j.u
National-Battery: Co.______-.____—

20c

"10-

1

9"-15

'40c

11-

1

National

Biscuit

10-20

40c

10-15

National

Bond

Co.,

&

common
Share Corp,

1

9-13

9-15

$1

10-31

9-26

•National

10-1

9-26

(quar.)
com." (quar.)

National-Breweries.
.7%

Ltd,

15c

(quar.)
Register Co.

;5C

12-15

1

National

(quar.)
/___
$7-pfd. (quar,)__
City Lines, $4. pfd. A (quar.)_^

10-

4

9-20

National

Department Stores

J$1.25

10-

1

9-15

National

Electric

37%c

10-

1

9-15

$1.12%

10-

1

9-15

Common

National

9

Corp.

(quar.)__

•

'

10,-15

9o30

$50c

•

preferred
Cash

9-

10-

1

9:

5

$44c

National Casket Co1.,

12-

lljr.13

America—

preferred

,9-30

;$1.<06%
;

of

(quar.)
:
System "6% preferred

6%

3

10-15,

30c

Mutual
.

10-

;12- 3

_______

Ghemlcal 1C0.

Mutual

9.-24

10-10.

75c

___

Mfg.

$1.50

(quar.)

50c

9-12

& Development—

Nathan Straus-Duparquet,

1

$1.25

.

9>30
9-11

10-1

10-

•-

9-20

,

10-15

,:20c

Inc

•

10-15

$20c

.

Corp., ^class B (irreg.)
35c
..Murphy (G. CJ Co. 434% pfd. (quar.)T___— $1.18%
Murphy Paint Co., Ltd. (quar.)j;____Li;_____' ■
• f20c'■
f
Murray Corp. Of America, 4% pfd. (quar.)_
50c
Murray-Ohio Mfg. CO.—1._
_______—_
'
40c*
•Muskegon Piston Ring .(irreg.)—
'
.40c

9-9

<

Brass

9f20

1

9-29

_________—___—lc

quarterly

Mullins

,9-15

1

10-1
-

'

10-

12-

—

■

.

50c

<

.

l___i

Mueller

-

9-19

10^2

- 10c
10-1,7
*$1.25 <:J10- 1

-

Quailterly

^Reduced

*

'.;30c

$1.75

*^22

I 9-30

Mountain States Telephone <& Telegraph—

9^25

10.-15

60c

*

>,

1;
10-1

$5

Extra——!

9-12

<9-30

,f!0'

'''

Finance;

59 3/10c

-$1.75!pfd.~(quar.)—$1.25

Motor "Products Corp.
MOunt Diablo Oil Mining

*

9-26

>

Consolidated,-Inc.—
(quar.)-______!

Motor

:

8

'

40c

$1.06%

.

9-

Cafeterias

r

'9>26

.10-15

*$1.50

^___

'

10-15

•

50c
$12.50
'

1

,10- ;1

■

Morrison

7%'preferred

>9v 8

;!0rl5

20%

•

9-10

1>

10-

13%c
,

,-9vl0

<0-30

•

60c
' 20c

(quar.)

Co., common
(quar.)

9-25

$2

_<

common

Moore-iMcCormack

9-19

'

•

Co.

(quar.)

6

,

(irregular)__

preferred

9-10
9-10

10-

>

Auto

$2.50

9-19

10- 1

50c

*

9^30*

10-15
-,10-

1
1

50c

B (quar.)__
(quar.)
Moore IDrop Forging com. (quar.)
43A% conv. pfd. (quar.)

9-20

lO-15

-

Corp.__'_

9^20

1010-

Midland

,-,

&

4%

.9- 5

*

10- 1

(quar.)

Corp.
5%

of

15c

Mar-Tex Realization

10-15

25c

Telegraph Co^ ( reduced quar.)__
Moore Corp;, Ltd., common
(quar.)_____J_
"7% preferred A. (quar.)

i

9.-12

9-15

7yc

Montreal

;

$1.25

■

(quar.)_

Ltd.,

share

Montreal Locomotive Works

;

1

4

15c

S.) Co., Ltd. (quar.)_^___
Service Corp. com. (quar.)

7%

,

10-

4.20%
preferred
(quar.),
$1.05
Montgomery'Ward-& Co., com. (quar.)- '50c
$7 diass A (quart)——___^
:^_____
* $1.75

..

-

4W5?.<,;i;9-15

-

;50c<

(quar.)_

Marven's,

10- 1

9-19
•

9>-18

10-' 1

com.__

pfd. series A (s-a)__Montana-Dakota Utilities com.

r;<9-30

•<

10- 2

60c

'$3.25

I2%c«<--<JiO^<T't,;<--<'^9-'22

$7%c

Field, 4'A% preferred
Marshall-Wells Co., common

10- 7

37%c

<

$12%C

Marshall

Martin-Parry

—

tl7%c

,

*

;

,

1

9-15

10-15

9-18

shares of Midland

each

Valley Water
preferred (quar.)a

$3.50

9-

2

$1.50

(quar.)___

Rubber

rMonsanto

•

9-30

10-1

r:.

(quar.)_
Co., 7% preferred (quar.,)—
Maritime Telegraph & Telephone, Ltd.—
Common
(quar.)
*

1

1

.10-15

,

$H06

-

(quar.)

-7%

9'-22

10-_ 1
10-

10c

;

Petroleum-

Extra

Monroe

9i-30

$1.50

Calculating Machihe

1

1

<

.

9-16

$1.25

$2 class A pfd. (quar.)_
Co. (.irregular)-,

preferred

97 %c

-

Monogahela

9t16

10-20

10-15

(quar.)

(increased)

10-

10-

,10-20

25c

.37.%c

Rubber—

convertible

-9-19

9-30

Reclaiming—

4'/2 %" preferred

10rl3

50c

C.)

"9-30

(quar.)

preferred

Monarch

9-15

31'Ac

common

9-16

^0- 1

(quar.)__^_^___
Molybdenum Corp. of America

1

11- 1

pfd.

(quar.)
preferred

Co.,

(J.

J

9-10

10-20

A

Power

Mohawk

9-10

9-12

2c

(liquidating)

Mojud Hosiery Co., 5%

,9-10
10-

10-

1

Monroe, Chemical

quar.)

10-

10-

1

10- 1
10-15

37%c

(quar.)

10-

25c

10-

j

9-30

—_

common

25c
$1.75

$1.25

25c

3.90%

i

Gas

MohaWk

9-17

<$1.50

,

par)

$1.12%

$1.25

(quar.)—.
Kelsey-Hayes Wheel—
convertible

1

,

preferred

$1.50

10-

10-1

9-12

'

9-30

-

Quarterly

9-24

1

,

(quar.)
Modern Containers, Ltd.
(quar.)___<
Modern Tool Works, Ltd.
(quar.)_

10-27

1

10:

$1.-12%

(quar.)___
Gas & Electric Service

4.90%

2

1

»

$1.25

Katz Drug Co., $4.50 pfd. (quar.)
Kaynee Company, common (quar.)_^
1% preferred (quar.)
Kearney (James R.) Corp. (increased quar.)-

5%

10-31

10-

<10-

,11-1

$1.75

(Ky.), common
(quarj

.Marion Water
>

16%%

10-16

30c

__—

Marchant

9-15

1

9t11

12%c

.Manufacturers Trust Cp. (quar.)
.Maracaibo Oil ,Exploration
Marathon Corp., 5%
preferred (quar.)

'9-15

$1.50
Gas

dividend

9-10

15c

(initial quar.)
H.)

(R.

$1.20
9-18

9-30
.9-30

(quar.)

Mansfield

■

9-17

t$l

10-

c

25c

;

___».

class

Mitchell

Mobile

9-13

<$2

1

1

9-30

,

5

10-15

10-

;35c

87%

(25c

Products

Missouri

9-15

—

9-

10-

1

(quar.)

10-

5

dOc

9-20
9-15

9-20

9^11*

$1.75

MahufaCturihg Co,

Extra'

Missouri

12-22

1

$2

1

9-

1

10-

9-20
_

"9-30

62 %c

•

Missouri Edison

9-20

<87.%c

Maine

9-26

10- 6

10-

10c

(quar.)

10-

$17c

.

Stock

&

(initial

(R.

Mahon

Ottawa, Ltd.—

Kansas .Electric Power, 5% preferred (quar.)
Kansas Gas & ^Electric, 7% pfd. (quar.)
$6 preferred

9

.9-24

10- 6

<2-23-

1-2-48

500

50c

Mississippi- Fewer,

..*

10rl5

;

2-23
11-21

9-30

9-30

7% prior preferred (quar.)_______U:
!
' "$1.75
Milliron's (D. J.)
(reduced)
L
15c
Minnesota Power & Light, 5% -pfd.
(.quar.)_
-$1.25
Mississippi Gas & Electric Service (s-a)
$1

Hr21

12-10

10-31

*9-30

outstanding

Extra
I

8

'11-15

}

(quar.)

Co. -for

Steel

Millers Falls

;

;

9-20

1

10c

^

.

.

(quar.)
Miller-Wohl Co., Inc. com
4%% conv. pfd. (quar.)_

9-18

10-

50c
'

;

(quar,)_:

preferred

Conv.

9-13

1

$1.75

par)

f

9-30*

1

9-30

3-10-48

37%c

$1.50

5Qo

—

Kansas-Nebraska

10-

1

9-15
:

-

<■'•

dividend of 1%

Rubber

4%%

10-20

12-10 '

50c

55c preferred (jjuar.
Magnavox Company, stock dividend
Magor Car Corp. (irreg.)

.9-19

1

1

10-

$2

&

Mading Drug Stores,

10-18

10-; 1

=

$2

;

(quar.

!

Realization

Midwest

9-10

<

'

Lines

'($25

<

30c

Central RR., 6% prior pfd.
,(quar.)_
Maine-Public Service Co. (quar,) _i_,
Maltine Co., 4JA% conv. pfd. (quar.)__

$1.75

10-

<10-15

<

-25c
37%c

—

($100

(M.)

11-

$1

$1.25

:

—

10-1

37%c

.

(quar.)_^_

Mahoning Coal RR.

Laughlin Steel, common
preferred ,A (quar.)
6%

1

11-

25c

&

Joplin (Water Works,

0-15

11-1

A

Extra

•

9-15

10-

93%c

Johns-ManvilleGo., 3V2% pfd. (quar.)—87'Ac
Johnson

1

9-30

.31,'Ac
t

,11-1

(.Walter M.)

•Class B

Macy

,50c

I

:

(quar.)

preferred

Class

,.

$.1.50

10-21

-9-15

9-30

$1=75

Telephone—
(quar.) ;
i

preferred

Miller

Publications^ common_^.___
participating preferred——.
MacMillan (H.,R.), Export Co,„ Ltd.—

8-29

,9-30

.

11-1

1

25c

;

2% (non-cum.
Midland Utilities Co.
Midvale Company

9r23

1

$1.75

,$1,50

B-29

10-1

,

Jewel Tea Co.,

Jones

1

8%

9-23*

12%c

Macfadden

.8429

$1.25

,

&% 1st preferred .(quar.)—
Jefferson Electric Co

,Jessop*;Steel

10-

1

6%

$-29
,

xiy4%

,

_

<10-

xl%%

_

12-31

10-

10-1

(monthly)

preferred (quar.)
Ludwig Baumann & Co. .(see Baumann
(Ludwig) & Co.
Lux Clock Mfg. Co.^_-___-_
Lynn Gas & Electric Co. (quar.)___
Mabbett 10.) & Sons 7% 2nd pfd. (quar.)__

9-2!

1

10^- 1

,xl%%

Jamaica- Water-Supply, $5 pfd. ,(quar.).
Jamestown Telephone Co.—
.

10-

x$1.75

;9r30

25c

1

10-

(quar.)

preferred

Midland

10^-20

t

Transit

MacAndrews

(quar.)

1

10-31

9-22

<10-

Co

Realization

5%%

9-27

J50c

B_—

11-

10-1

Associated

Utilities

1

9^17
9-22

25C

(quar.)

preferred

stock

9--20

10-

9-17

-

1

5c

1

i

Midland

9-16

10-15

1

1

•15c

Co

Copper'

*$2.40
A

10-

10-

Co.—

Michigan Bumper 'Corp.- (increased)
Mickelberry's Food Products,-eom. (quar.)__

'

3

50c

Sons, 4'A% pfd.
Co., Ltd.—
Increased quarterly
Lucky (Stores, Inc. com. (quar.)

Industries—

(accum.)
Service, Ltd.—

preference
preference
preference
preference

1

;(quar.)

Co., common

B

Lowenstein

9-18

;79c

(final)

Common r (increased

1

10-

:6%

9-20

10'- 1

-101

35c

,

t

Michaels Brothers _'i

^9-26

$1,10 3-10-48

common

preferred
preferred

Lowney

9-18

$1.50

Precision

(P.)

Angeles

5%

11-10

_,

preferred

10-

10-

t25c 1-31-48

Hotel—

MOc

1

10-15

Co.—

preferred

Michigan

10-15

,

8

,

preferred

5%

JtalOrArgentine .Electric. Co.—

Jamaica

,10-

$25c

j

<•

9---10

-

-

$1.10

(quar.),

Taylor,

Common

9-15

.12-

;$6,preferred .(quar.)—„

Jack

1

10-15

$1.75

Louisiana Power & Light, $6 pfd. (quar.)„_
Louisville Gas & Electric Co. (Del.)—
Common A (quar.)

,:9-15

$L62ya

Irving (Trust Co. (N..Y.) (quar.)
Island Greek Goal, common (increased)—

shares

1

11-

(quar.)

Louisville Gas & Electri" Co.

_

.tAmerican

10-

;

<9-10

>10-

$1.25

(quar.)

Food

'•Extra

v.9-24

-

$1

Disintegrating Co., Inc.—

Miami

9-10

1

20%

(guar.)
Angeles Investment—

Los

9-30

,,$1

&

7%

9J5

—

Inc.

Lorillard

9-15

10-15

t

■*

1

37%c

—

Baltimore

Lord

9-16

1
1

175c

—

1

10-

(qufir.)__

Chain

,2nd ((preferred

Los

Investors (Royalty, common .(s-a)
48% preferred, (s-a)—_—
Iowa Electric Light & Power Go.—
:6 % preferred C (accum.)
;6%% preferred B (accum.)—
,7%
preferred A (accumJ
Iron Fireman Manufacturing ,Co.~ .(guar,)—

10-

37%c

Loew's (Marcus)
Theatre, Ltd, Jquar.)
Lone Star Cement Corp,
(quar.)
Longines-Wittnauer ;Watgh Co., com. (quar.)
$1.20 conv. preferred (quar,)_

9-15*

10-

25c

preference
(quar.)
Investors,Management Fund, Inc.—

Extra, j.

5

$1.50

convertible

—,

9-

$1.20
.

America

shares

9-30

$1.25

•.

»9-19

;2&c

preferred
Steel

Extr?i
Locw's,

5

43 %c

(quar.)
Investment; Foundation, Jjtd.—

Investment

9-

6Cc

_

Co.

9-30

75c

—■---

8%
Locke

9-15

75c

—__

,10-1

62 %c

_

Pi^e Co., common
preferred (quar.)

8%

2

$1.50
$1

_

9-20

;96%c

pfd. ,(quar.)
(Ind.)—

Joint

Co.

Metropolitan Edison Co.;

<12-22

;J0-

——

Special guaranteed
Original capital
Original capital

2

_

1

12-31

50c

——

.

9-19

9-30

$$1.75

——_—

'

1

9-30

11-

—

International Silver Co. 7% pfd. (quar.)
Interstate Bakeries, 4.8% pfd. (quar.)
Interstate Company, common—
5% prior preferred (quar.)
Interstate -Department Btoies
(quar,)—
Interstate Telephone Co„,$6 pfd. (quar.)™

,

9

Lock

(quar.)—

preferred

6%

9-

1

Nickel Co. of .Canada, Ltd.—

7%

,10-

9-30

$1.06 »A

Products
Thermit Corp.

4 % %
'

9-18

10-10

(quar.)^

i

j,

-preferred

Metals

-

12- 4

•

He

new common (initial quar.)-,-.
Lipe-Rpllway Corp., $1 conv* pfd. (quar
Lipton (Thos. J.), Inc., 6% pfd. (quar.)—
..Little Miami RR.-f'Special guaranteed (quar.)

9-19

10-

$1

12-11'

,25c

—

&

9-30

$3

Quarterly
Lion Qil Co.,

9-15

9-18

>9-30

(incrd.)I

Glass

Metal

?9-30

25c

7%

9_i9#

-

10-10

(accum.)_

Machine

7%

10-15
=10-15

30c

—

—

A

Quarterly

Metal

9-10

50c

$1.12%

9-19

10-

40c

1

5

50c

,175c

(quar.)

10- 1

"\

—

(quar.) :
!
preferred (quar.)—;

,10-

11-

25c

9-15

Chemical Corp.—

.Common

11-15

t

Mesta

Casualty Insurance Co, of Tennessee—

Stock dividend

10-1

1%%

Merck-& Co., common
(quar.)__<_^^__^_^
3%%
preferred '(qpar.)—
Meredith Publishing Co,
(quar.)

9-17

$1.25

(quar.)_.

1

9-30
1.

9-30

-9-30

87c

Merchants ii Miners Transportation Co.—
•

9-19

Lincoln National Life Insurance Co.

10- 1
10-15

_

preferred (quar.)—*——
1
7% preferred ($5 par) (quar.)
International Ocean Telegraph (quar.)—

1

—

10- 1

25c

1

'

8-22

\,

1

J25c

;(accum.)—

pfd.

(quar.)

preferred

Life &

1

10-

,25c

(quar.)—

Liggett & Myers Tobacco,

r
25c
(quar.)——$1
Industries, Ltd.—
Common A
(quar.)—_—
$40c
4 % %
preferred (quar.)
$$1.12 Ya

International

B

1010-

—

preferred (quar.)

:9-30

30c

________—.

9-22

Brothers, Ltd. (quar.)
■Quarterly
*
Liberty Loan Corp., class A (quar.)

10-1

Metal

International Minerals &

4'/2%

$75c

2%c

—-—

International

Investment

9-18

9-30

International Harvester Co.

$4

,

common

10-20

35c

<

7% 'preferred .(quar.)
;
Merchants Bank of New York
-Extra _L_"
:

9-19

.

class

common

i

:

Mengel
Company
Mercahti^ Stores

9-30

10-15

Lewis

;

Internationa) Cellucotton,Products

11--20

;

Leich (Charles) & Co. 7%
Lepox Water Co. (quar.)

9-20

m

$1

(quar.)

&

Extra
50c

9-19

30c

1

•

'

10-15

5c

Corp.

1

10-

•11-29

62 %c

-

3.85% pfd. (quar.)
prior pfd. (quar.)—

10-

_

■4%

9-26

1

2

preferred

Megowen-Educator
.

>9-15

11-

10-

>

<

-9-16

&

(quar.)

10-

9-18

10-1

11-30

Ltd.-—.

Co., common
preferred
(quar.)

convertible

4'A%

10- 1

10-2

,

& Sons Co,,

10-

<.9-15

43 %C

(quar.)

(quar.)__.

Mead Johnson

9i-15
?

10-1

;5c

17c

-—

$10c

50c

9-30

50c

——

(quar.)

common

;9'-15

1
1

1% %

preferred

5%

_

—^

1

1010.-

10c

$1.50

preferred

B

McQuay-Norris Mfg. Co.,

10-15

'

9-30

—

,$12%c
_

—

_

Co.,

preferred

Lehman

11- ;1

62 %c

pfd.

Co.,

Qil

9^30

'

y McKinney Manufacturing

9,-15

10-10

(interim)

—

7%

$4
-

.

conv.

10-

12 %C
1

McKee (Arthur G.) &
Co., class B
McKesison &
Bobbins, Inc.—
-

-

12-22

50c

Lefcourt Realty Corp.,

9-f 5

9-30

t$l*25

v

Co,, Ltd.—

(quar.)__

Lees (James)

5

,

(quar.)_.

&

Extra

5

9-30

Shares; Ltd.—
.JBank Group Shares, class A
Inter-City Baking C.o., Ltd. (quar.)
luter-Ocean Securities Cprp., 4 % pfd.: (s-a)
Interlake Steamship Co.
(irreg.)
International Bronze Powders, Ltd., com—
6%
participating preferred
(quar.)——
International
Button-Hole
Sewing Machine

..

Leath

$2.50

—

Institutional

Extra

1

,137%c

_

(quar.)
rlhdustrial Bank pf Commerce Xguar.)__
Ingersoll Machine & Tool Co., Ltd.. (quar„)__
Ipglis (.John) Got,. Ltd. (.interim)—-——
Inland Investors (interim)

>Co.

2

10-15
10-1

$1.25

(quar.)

(quar.)
preferred

convertible

10-

37%c
=$1

—

————

12-29
,10-1

t25c

(quar.)

8

10c

(initial)
(quar.)

preferred

McClatchy'.Newspaper,

Class

9-22

20c

Electric Steel Co. (quar.)
Lawyers Title Insurance, 6% preferred (s-tR)
Lawyers Trust Co. (N. Y.) (quar.)
Le Roi Company (irreg.)

4

-

15c

(quar.;

Co.

,convertible

McColl-Frontenac

9-20

<9-29

7%c

(quar.)

$2 class A (quar.)

,

,,

pfd. (quar.)

(quarO

Paper

8

'9-

10-18

Co., class -A_
Manufacturing Co.,! com

4% preferred (quar.) _;
;
McCord Corp., $2.50 pfd.
(quar.
McCrory Stores Corp., common (quar.)
; $3.50
convertible preferred (quar.)
McFadden
Stores, Inc., class A

,9-20

1,

<10-

'

$1.50
$1.75

Latrobe

9-

1.

10-

10- 1

$1

(John A.)

B

<

9-23

;40c

& Sessions Co.—

Class

9-30

$$1.50

Langley's Ltd.,' 1%

-

,4%
preferred (quar.)_
Indianapolis Water, 5%,preferred A
Industrial,Acceptance Coip., .Ltd.—

•

9-25

'

•

<9-30

$1.12%
.$1.21%

& Sons,. Ltd. (quar.)
Langendorf United Bakeries, Inc.—

8-12

9-30

11-1

15c

,

&

9-

9-30

20c

&

-

9-15

$3c

Ltd. .(interim)—.——:

Mines,

Landis, Machine

9-16

_

Indiana

■

10-31
10- I

,

10-1

t25c

John rPower

9-30

.

—

——

Co.*

5%

Holdert

Payable of Rec.

$1.75

preferred ' (quar,)
Factor

When

Share

37%c

McBee. Company, common
(quar.1-)
6%
1st preferred
l quar.)

V.

25c

f

conv.

7 %

McAleer

9-12

r

,

.

Light Co—

preferred

$2.50

8-12

3%
25c
40o

—

& Michigan Electric—
<4%% preferred (quar,).._,
-Indianapolis Power & Light—
Common? (increased quar.)—

9-24

;

Lambert

Z*

9-30

(JchrJ,

Lamson

3*

tlOc

—.

.-,9-12

:9-30

—

—

Mfg. Co
University
Ltd. (quar.)

Lamaque Gold Mines, Ltd.

Lang

Imperial Tobacco Co. of Canada, Ltd.—
•Ordinary
(interim)
__———

9rl2

Quarterly

7

11-

1,5c

———

6% preference
(s-a)_
Incorporated Investors

10- 1
10-1

$1

(quar.)

Extension

Extra

10-) 7

1.1-20

2nd

Labatt

9-16

1

15c

—

__——

>9-24

8-29

.

preferred
La France Industries, 4%

■

Extra

10- 1
10-1

35c

(quar.)
(quar.)

Steel

.

40c

—.

Co.

9-30

-50c
62%c

Paper; &

Zinc

Kroger Company
6% ilst preferred

-;9-19

—

Color; Ccrp
Illinois 'Power Co. com. (quar.)
.5% conv.; pfd. (quar.)
Illinois

9-25
9-15

9-30

——:—

(quar.)

<9-30

$1.50

Kroehler Mfg. Co., 4V2 % preferred A (quar.)
4%% preferred A (quar.)

Lake

(quar.)

Illinois >Bell Telephone (resumed)
•Illinois; Commercial Telephone—

,

8

9-19

$$1
$1.25
$1.28
$1
50c

—

Ideal Cement

10-28

*

Koppers Company, common
4% preferred (quar.)

9-20

10-

20c
$1.50

-

.

I3c

Knapp-Monarch Co.,

(quar.)

Co.

Humberstone Shoe Co., Ltd.

9-17
,9-17

Kirkland Lake Gold Mining Co., Ltd. (irreg.)

common

5%% preferred (quar.)——
:Howe Scale, 5% preferred (S-a)_
Howe Sound Co. (quar.)—
v

9-30

12 %c

(quar.)
(quar.)————

preferred

9-30

50c
62%c

(quar.)Gas,

9-30

9-30

10c

9-30

9-20

1

•

Max

$112%

10-15

.»

9-20

f?9~30 "

2nd

10-15

10-

i Name
of Company
Mathieson Alkali Works__„

,!8-29

50c

93%c

(increased)-

com.

1

9-30

75c

convertible

Per

■'

9-17

<50q

(quar.)

preferred (quar.),
4%% preferred Uquar.)
Kingsbury Breweries Co.-(quar.)
King-Seeley Corp.—
5% .convertible preferred
(quar.)

56 %c
50c

—_

corp.,

3%% preferred

1

10-

25c

Kerr-Addison, Ltd- (interim)
;
Keyes Fibre. 6% prior preferred (quar.)—
Klmbetly-Clark Corp., common (quar.)—^

Houdaille-iHershey Corp.—

.

35c

-

;Speclal
Kerite (Company
.Special

9-20

1

10-

Monday, September 29,

Holdert

Payable of Rec.

$1.12%

iK6nnecott iCopper CO, (quar.)

9-23

When

Share

(The)

<Co., 4'/2% preferred (quar.)
Kendall Refining Co. (increased)__i_

9-12

10- 1

50c

(quar.)

Kendall

2

$ljl2%
$2
t!2%c
$1.50

-(Prank)

Hotel Gibson

10- 1

,

*„

(N. J.)

9-

<9-30

36c
$1
*50o
12c

Hoover Ball & Bearing (quar.)
Hoover Company, 4%% .preferred .(guar.)___

Name of Company

Payable of Rec.

Share

Hollinger Consolidated Gold Mines, Ltd
Hollingsworth & Whitney $4 pfd. .(quar.)—
Holmes (D. H.) Co., Ltd

CHRONICLE

.

Per
'

Name of Company
<?

FINANCIAL

Holdert

When

Per

&

10-

1'

9-

5

50c

10-15

9-30

$1.75

9-30

9-15

$1

10-

1

9--20

25c

10-15

10-

20

10-30

:$-2o

$1

9-30

9-15

2

Welding Machine—

(quar.)

Enameling & Stamping

(irreg.)

Volume 166 -Number 4633*
4

>

Share
•

-

•
,

pref.

(quar J

9-30

■"

1

9-13

*

10-

1

9-13

t

J15C

(quarT)""—"""

'

*"""

'

"

10-

1

$1.12ya

;

Year

7 ""

end

,

Refining;.,..,

mriwX::::::::

25C

Telephone & TelegraphHampshire Fire Insurance (quar.)

&

Watch

1010-

1

25c

quar.
State Electric- &

9-22

$1

Trust

Common(J J
Newport

5%

1

9-10

$1

10-

1

pfd."(quarjl

1st

preferred (accum.j__!_!
Wire Weaving Co., Ltd.

Nicholson File Co.
8pecial

(quar.)

Chemical

North' American

New

North

Judd

for

Gas

North Star Oil.

Northern

'

4%

Old

'

9-11

9-11

10-

1

9-20

preferred

$1

(quar.)I

Corp.,

10-

1

10-

1

10-

1

t25c

10-

1

$1,10
$1.12%

10-

-Participating
Ontario

.

conv.

&

10-

1
1

9-10

10-

1

9-21

10-

1

9-21

'

97%c

10-

1

'~"

30c

10-1

10-15

9-30

$5

10-

1

10-

1

9-19

$1

9-30
9-30

9-16

.—_Z77'

25c

9-30

$2

(quar

F_

1

$25c

Gas

common

Electric

Pacific Public Service
Pacific Telephone &

/preferred

Peninsular
Common
"

*$1
-

$1

preferred

Penney" (J.' C.)'

(guar.)

(quar")""-"
Z_Z_~~

•

(quar.)

(quar,)

10- 1
10-

.

1

10-29
10-

9-

10-

1

50c

'

37%c

(irreg )
Co., com.""(quar V"~"
__

—

1

_________

Co._______J__"__l_/_/_f~~iJ

9

1

29"

50c

preferred
(quar.)
Corp." (quar.)i»_
Reed Drug Co., .class A
Class

Reed

B

Roller

Bit

Brothers

Knitting

Reliable Fire
Reliance Life

10-

9-12

1

Reliable Stores

Reliance Electric &
$2.10 convertible

9-24
10-

1

9-25
9-19

9-30

9-15

Reliance
3V2%

Mfg.

Corp.

Co.

Remington Rand,
$4.50
Renfrew

•

; ■

preferred

10-

1

9-12

10-

1

.

1

5%

1

Co.

10-

9-30

10-15,
8-29

10-15

10-

10-

76C

"50c,

Selected

10-

(quar.)

3Cc

Sharon

8-29

Sharon

9-18

1

10-15

11-

1

10-15

10-

5

10-

I

10-15

10-

1"

9-12

1

9-10

1

General,

1

9-30

9-18

■

\

•

-

10-

1

9-15

10-

1

9-20
9-

5

10-15

9-30

10-

9-12

$1.25

9-15

1

8-30

10- 9

9-18

10-

1

9-12

____

$1.75

10-

1

9-12

20c

10-

1

9-15

8%c

(quar.)

10-

1

9-13

7%c

10-

1

9-13

9-30

9-15

25c

(quar.)
(quar.)

10-

1

9-

T25c

(quar.)______

10-

1

9-15
li-

3*

$40C

12-

1

35C

10-

1

9-25

9-30

9-25

75c

—

40c

9-12
11-14

1010-

9-19

10-

9-19

"-

Oil

&

10-

1

i

9-24

9-12

1
X'

(quar.)__

15c

9-30

——-

62 %c

9-30

$1.50

9-30

9-16;

$1.75

9-30

9-16

$1.13

JK

9-22

9-22

B

,

B

\30c
30c
■

,

1.

10-

9-15
9-13 /

.

1

9-18

10-1

$1"
50c

9-20r

9-30
10-

"XO- 1

9-23

9-13

9-30

$50C;

(quar.)

10- 2

9-

2

15c

10-

1

25c

10-

1

9-15

59 %c

9-30

9-15

31 %C

—

common_!_!_

10-1

9-24

9-20

$20c

11-

1

'—

(quar.),—

(interim)—

$$1.75

10-

1

10-10 1
9-10

35c

9-30

$20c

9-30

8-29-

9-29

9-19

5c

9-19v

$15c

10-

$10c

!—____—

Dairies,
(quar.)

10- 1

9-15

10-

1

9-15

1

9-15

Ltd.—

,_!.

$$1.25
15c

10-2

9-23

13%c

10-15

9-30

25c

.!___.

(quar.),

11-15

10-15

Pattern Co.—

5%%, convertible preferred

Corp.

(quar.)
(quar.)—

'

.

Skenandoa

Rayon, 5% prior (quar.)
preferred A (quar.)
1—_—
& Zook (quar.)
—_!_!—
(A. O.) Corp.—,!
(L. C.) & Corona Typewriters———
(Howard) Paper Mills, Ltd.—

—

$1.25

10-

$1.25

10-

$1

9-

9-15
9-15
9-

9

25c

11-

10- B

50c

10-

9-15

Common

$25c

10-30

4%

$50c

10-20

9-30

10c

9-30

9-10

15c

10-10

9-27

(quar.)
preferred (quar.)—,
Tool & Engineering
(irreg.)
Society Brand Clothes, Inc. (quar.)————
Sonotone Corporation com.
$1.25 conv. pfd. series A (quar.)
Snyder

—

Sorg

Paper

Co.,

South

American

South

Carolina

5 %

preferred

5%%
Gold

pfd.
&

Electric

(quar.)

Platinum
&

5c

31 %c

9-30

9-30

9-

2

9-30

9-

2

$1.38

Co.——

10-

1

9-15

10c

10-

2

9-18

Gas* Co.—

(quar.)

62 %c

!

9-30

9-19

11-

1

10-17

25c

9-30

$1.12%

10-15

$1

9-30

9-16

$1

52%C

South

South

(quar.)

9-30

9-16

Penn Oil Co.
(quar.)
Pittsburgh Water, 4%% pfd. (quar.)
South Porto Rico Sugar, common (quar.)

—

—

(quar.)

87 %C

(initial).

1

(quar.)__

(quar.)

10-

1

9-

2

25c

10-

1

9-

9

South West

$1.12%

com.

10-

1

9-

9

Southeastern

10-

1

9-10

J15c
62 %C

common—.

.'

9-30

9-10

15c

11-1

10-15

8 %

Southeastern Investment

$5

$2

preferred ■ (quar.)
Pennsylvania Pipe Lines
Greyhound

1st

Southern

preferred
Advance

Lines

(irreg.)
(quar.)_—_

Trust, Inc.

Atlantic

Telegraph Co.

10-15

Southern

12 %C

12-20

12-10

11-15

10-

1

9-15

12-

1

11-J.T

$1.25

10-

(-s-a)

1

9-15

9-30

9-12

9-30

62 %C

r-4 O

$1.75

10-

9-12

•-»

9-15

1

9-20

Southern Bleachery &

68 %C

9-16

50c
40c

55c

(quar.)

——

1

1

20c

—-

& Paper

9-30

9-16
10-

(Ky.)—

(accum.)

Bag

Extra

15c

11-

7%

&

■'

Canada, Ltd.—

Western

Oil

'

'

—w

Simplex Paper Corp.
Simplicity

9-20

,

_

(quar.)

preferred

9-13.

; 9-15
'

(quar.)—1—!_—

Corp.,

1

9-30

'

10c
"

Association

9-15
9-16 <

.

9-30

-

$1.25

(quar.)__:

'

9-15

1

10-

25c

/• 25c

.(initial).

Products

10-

,10- 1"

$1.12%

——__!

Gas

10- 1

,

$1.25
$1.37%

.

Silverwood

Smith

:

10-

Railway Co. ——!—
Steel Corp.-—
_—
W'ater & Power—

preferred

Smith

9-20

35c

37%c.

Optical Co.. (quar.)_
Breweries, Ltd. (quar.)
Sick's Seattle Brewing & Malting Co. (quar.)
Silverwood Dairies, Ltd., class A (quar.)—

Sloan

9-10

10-10

•

Sick's

5%

10-17*

10-

———-—

Shawmut

7%

1

1

12-

15c

Shuron

9-12
11-

11-

10-

,

Common

9-20

10-10

11-29

9-20

91 %C

pfd. (quar.)—
.____!!:

$6

(quar.)___

Shefwifi Williams Co. of

9-20

1

83 %C

preferred .(quar.)
Sheraton Corp. of America—
$1.25 convertible preferred (quar.)

10- 1

10-

50c

4%%

1-1-48

9-10 /

1

25c

Corp., com.
A (quar.)—.

Corp.

T

1011-

$10c

'

(quar.)

preferred- A

Smith
'

10-1

50c

$20c

10-

9-12

50c

;

10-10

9-30

10-

C

9-15

Mo- 4
9-20.

10-10 !

Shellmar

$1.18%

9-10

'

37%c

Co., common (quar.)^—_
(quar.)—________—_

8-29

1

12-13
9-15

1

9-30

7 $1.25

(quar.)_

com.

9-12

•

5%

:____!

10-

.'"Vic:,

(quar.)

9-30

10-

>

1

1

.25c! :10-15

..

—

Industries,

Extra

1

8-29

60c

12-20

10-

9-12

$1.12%

preferred

$5.50 pfd. (quar.)——
Servel, Inc.; $4.50 preferred (quar.)
Services, Inc. (initial)^———
Shaffer, Stores Co., common——_!!
5'% preferred (quar.)—!

9-30

1

5

9v

10-

'40c

..

Rubber Co.—
4%%
prior preferred
(quar.)—
5% class ,A preferred (quar.)—

;

•

9-15;

1

1

9-22'
9-15*

$1.10

——_—

3.35%

B

preferred

9-30

10-

9-22.

1

9-30

tfi-o.T.

(quar.)——

SeiberlUig

■'

; ii-i5

10-

9-22

10-15

50c,'

-

Commercial

$7 preferred

1

■

(quar.)

;

$$3
50c

—_

(quar.)

Finance

preferred

Sinclair

(quar.)

Republic Investors Fund—
6%
preferred A (quar.)
6% preferred B
(quar.)__—_—_______
preferred

7

_

Electric,

Securities

,10- 1

Engineering—

Republic Petroleum Co.,

9-30/

/.

—

preferred

Seaboard

9-19

-.

9-15

5% %

$1

9-12

10-

50C

9-22

Motors, Inc.

9-30,:

1

$1.50 preferred A

10- 4

50c

12-15

9-10

5

93 %c

1

9-30

—

50

.'

10-

2-5-381

11-

87 %c

:

A

1

11-

———i.—_>———_

$4.50 Series A preferred

4%

(quar.)___

Textiles, Ltd. class

11-

———

9-19*

10-

9-15!

10-15

(quar.)___

10-15

10-

9-237

1

10-

$40c

—

common

(quar.)

ShaWinigan

(quar.)

,10- 1

$25C '

Scudder, Stevens & Clark Fund—
New common (initial)—,—

75c

1-1-48

2-15-48

Co.

Scruggs-Vandervoort-Barney,

9-20

$1.50

Reo

b;

_____—_

Works,

Seaboard

$1.25

9-18/

9-iS^

,

9-17

$2

(quar.)

10-

10!

$1.25

Co.—

■.

9-15

25c

1

11-

—_—^—_

& Pacific

10- 1

30c

pfd.

new

/

1

•

$1.75

__:

(quar.)—
(quar I

Inc.,

25c

9-16

Ltd.—

10-15

10-

9-10"

10-

/.."$i

10-

50C

9-10

9-30

"

Shamrock

(quar.)___

*

(Illinois)

$$1.75

9-20

' 50q

9-10,

9-30

•

9-12

-

10-

11-15

;

Manufacturing

Class

convertible preferred

1
1

1

$3

preferred

1010-

115c

Stockyards-——,—

Shaler Company,, class

preferred

9-15

9-10'

$1.12%

1

$1.25

Insurance

10-1

9-24

$$1.75

"

;

Insurance

9-30

1

10-

25c

9-29

1

non-cum.

10-

110-

$1

r.

9-30

*1.60

9-10

25c

Scranton

10-

v

1

9-19

.

9-15 !

10-

10-15

/•"•

Co:—

10-

'
—

Water

Jose

v

30c*

$3.65

30c

(quar.)
Mills, Ltd.

9-10

Scovill

.

Co

Reeves

9-15

1

9-19

30c

(quar.)

1

10-1

9-15

10-

35c

(quar.)__

prior preferred A

9-15 1

10-

9-25 i

1

,10-

\

T_

7%

Regent

"

25c

5%

9-15

1

1

30-

$1.16%

i__

•

1

10-

4%%,

•

—___

preferred

10-15
10-

9-29

250

preferred

9-30

10-15

60c

convertible

10-

Schuster

(stock; dividend)—
stock for each

3%%

9-15

15c

(quar.)

com,

Schulte Real

-

:

-

&" Gas

preferred

Reece

-

9-18

9-18

Y.)—

common.____-__.____;

9-15

10- 1

50c

(N.

(quar.)___"___:

9-18

$1

50c

Co.

(quar.)

9-29

2%c

15c

,

6

Mills, Ltd.,

(accum.)

National

Class', B

9-25

$1

4% 2nd preferred (quar.)__
Real Silk Hosiery Mills—

9-15

10-15

20C

~




65c

$1.50

$1

__

,r

2ftc

10-

$2.40

4%%

3

9-3

'10-! 1

5c'

:

Co.

1

10-15

preferred-

I,/'

3"'

$1.25

(accum.)——

9-30

Inc.,

10-

$1.12%

pfd. A (quar.)

50c

Purina

20c

—

9-15

'

1

convertible

10-

_

New Jersey—

Reading Company—,

2

10-15

$35c

_

(reduced)

:

9-

9-23

$1.25

preferred (quarF"
preferred (qunr.)

Telephone
(quar.)

preferred

1

9-23

•,

Telegraph

Transportation

10-15

10-

Inc.,

Raytheon Manufacturing Co.—

10-15

11-15 '

9-30

"~

•

(quar.)

Chemical, 5%

11-15

50c

(quar.TZ

(quar.) _Z
Panhandle Eastern Pipe Line Co.—
4% preferred
(quar.i_____

Parmelee

9-15

9-30

)~

Page-Hersey Tubes; Ltd.

Peck Stow & Wilcox
Peerless Cement Cjrp.

1

•

9- 5

1

10-

,

9-20

9-30

}3c

(quar.)

pfd.

10-15

$1.25

____—

1st

50c "

$1.25

Sanger : Brothers, Inc. (quar.) !___—
/San-Nap Pak Mfg., 70c pfd. (quar.)——_
Savannah & Atlanta Railway Co.—
5% preferred (qUar.)_—_____———
Savannah Sugar Refining Corp. (quar.)—
Scarfe Co., Ltd.; class A

9-30
9-30

,

1

io-: i

$l%c
$2'

Pulp & Timber, common.,™,.

conv.

Rayonier,
$2

10-

Corp., of America—

Ralston

9-20

9-20

15c

(quar.)

Pantex Mfg. 6% prefwred
Parafffne Companies, 4%

37V2C

2
2

$1.50

Co.'(quar

Co.. (quar.)
Pacific Lighting Corp., $5 pfd,

Park

50c

FquarT

(quar )

(quar.)____!.

Pacific ^Indemnity

.6%

$15c

Cb: (irreg.)__

&

$$1

/

$$1.25

Pacific American Investors $1.50
pref.

$6* preferred

10-

10-20

45c

—

Radio-Keith-Orpheum
,

10-

$$1.75

"

J

10-

t25c

$$1.25

'

preferred

Extra

•9-15

10-20

.

56 %c

pfd.. (quar.)
preferred
.1

$3.50

9-19

9-20

.

10-3'

$75c

(quar.)

9-20*
10-

10-15

(quar./—!——

preferred

Semiannual

9-16

;io- i,

5c.

helfl.
____

1

11-1

50c

"

1

$i

common

10-

*

9-20 /

tlOc

15c

(monthly)-

,

$62%o

$$1.50

Ltd. (quar.__^—
pfd. (quar.)

9-12

$1.12%'

pfd.

conv.

8angamo Electric

9-19

10-1

•

(quar.)

—

Electric

I

75c

pfd.

Semi-annually

9-19

1

2

tlOC

j

pfd~. 7quar.)7777

10-

10-

10^

A

Regis Paper—

San
•

»

9-22

10-

Estate Co.,. $6 pfd. (resumed)
'4
$1-35
(Ed.) & Co., Common————
25c
preferred (quar.)
:!.
$1.06%*
Scott Paper Co.,* $3.40 Rfd. (quar.)—_
85c

(quar.)

Oil

Radio

1

10-

75c

Quaker Oats Co.; common (irreg.)
6%
preferred (quar.)
Quiney Market Cold Storage & Warehouse—

9-16

$1.50

'

(quar.)
preferred (quar.) ~

Pacific

9-22

9-10

9-29

,'$1.

Co., 5% convr. preferred
Pyle-National Co. com.
8%
preferred (quar.)

9-19

9-30

Pure

1

75c

conv.

6%

9-19

9-30

30c

'

1777717777

Debenture

Foundry

5

1

20c

-

Common

&

9-

9-30
10-

10-30

6%

9-10

10c

(quar.)

10-

■

10-

tquar.j!^

(auar.)

Lawrence Paper Mills,

St.

"

(quar.)

Puget Sound

8

55c

__

Pacific Car

9-

40c

Steel

Otis Elevator;

9-15

7

Colorado—

of

9-11 /*

$50o

4.40% 1st preferred series A (quar.)*——-./
Saguenay Power Co., Ltd., 4%% pfd. (quar.)
Saa
Flancisco Remedial Loan Associates,

9-29

20c

—

share

share

10-

10-21

83 %C

preferred

Extra

$1.25

Co.

1

50c

___—«

St. Louis Rocky Mountain
•

9-10

15c

$5
preferred .(quar.)/,
Publicker Industries, com

l/40th

9-15

10-1.

,10-21

6o

pfd. (initial)

Trust

10-

$50c

com——

Lawrence Flour

6%

9-15

1

50C

Service

7%

9-10

10-

40c

$1.25

Products, Ltd. com
~
7% preferred (quar.)
Ottawa Electric
Railway Co~. [quaiT"
Ottawa
Light Heat' & Power, Ltd —
-5%

9-12

10c

(guar.)

Public

class

7%

9-19

.10^

•

12 %c

___

4%

"

15c

i—

com.

preferred
(monthly)
Service Co, of Oklahoma—
preferred ;(quar.).

Public

9-11 V.
9-10 '

\

tioc

Ontario Loan

8-28 •'
'

9-30

1

10-1

$1

Co.

preferred

0%

St.

1

10-

50c

1st pfd.

preferred

Common

4%

9-20

10-

10c

(interim)

Service Corp.. of

6%

2

6

15c

(quar.)

Apartments,

Gas

preferred

9-18

1

10-

50c

Ltd.

Ltd.

St. Joseph Light & Power, 5%
St. Lawrence Corp., Ltd.—

9-15

Ry.—

preferred

9-13;
,10-

10-

60c

9-16

preferred (quar.)—!———— ;
$1.25
Dry Dock & Shipbuilding Co., Ltd.—
4%% 1st, preferred (initial)-——_!— $$1.12%/

St.

(quar.)

9-10

1

Co.—

preferred

St. Louis

..

10- 1
10-

5%

9-12
10-

9-30

53%C

.

9-10

1

■

;

St. John

10-15

■

1°- 1

10-15

$1 4

-

10-

'

9-19
;;
'1''* v<:

$1.50

_

1

,

75c

Industries, Ltd., common—-—:—_
7% preferred (quar.)
Safety Car Heating & Lighting (quar.)—!!
Safeway Stores, Inc., common (quar.)—_

9-15

10-20

.

lO-iO

$1.75
$1.75

Russell

9-3Q

11-1

30c

—

•' ic

■

"

convertible

"

Service

7~%

v

10-15

;

'

—

National Bank &

5 %

10-1

9-30

(quar.)__

Quarterly
Public

9-15

.10-. 6

$1.50

(qua~rj 77.77

common..

preferred

.

$1 25

__

(quar.)__.

Public

9-19

10-15

50c

(irreg.)

Mines,

;

preferred * (quaf.)
Rubinstein (Helena)- class A (quar.)——,
Ruppert (Jacob), 4%% pfd." (quar.)

9-15

,11-1

.

20c

—.

3.60%

&

Cable fiorp.

4'

10-

50c

(increased)

6%

4%%

Mines,

Providence

10-17

1

1

50c"-

Old Town Ribbon &
.Carbon_______,__

8%

1

1010-

$25c

-

(quar.) _;
Colony Insurance (quar.)'

6%

11-

9-30

6%

com~~~~~~~r~~~*""

A

Proprietary

2

10-

$1.75

preferred

Proctor & Gamble Co. 8%

9-13

Public

preferred

Industries, 4% pfd.
Omar, Inc., common___

Dome

Prospect Hill

$2

~

Olin

1

10-15

40c

1

(quar.)'

Electric

&

:'

————

—ii

Car.

East

9-

10-22

$1

(quar.)—

Products

Steel

2

.10-22

93%c

—

Paper

'

9-22

;

*

9-

10-15*

37 %c

—

Co,

9»-20

1

—

:

Electric Power,
Corp. of Canada,
par tic.
& Lambert, Inc.

Preston

Rome

40c

>

non-cum.

Pressed

9-20

1

"10- 1

75c

pfd.

1

preferred
(quar.)
prior preference (quar.)—_____:
Series A pfd. (quar.)

5 %

500

—

(quar.)__

7%

&

pfd.

6

50c

!_7TZI

Company

Omnibus

10-

5%.

4%%

(quar.)

—

Sulphite

Prentiss-Wabers

9-15

Rockwood

9-20

9-30

25C.

Co.

Pocahontas

9-19

25c

"(quarT)""

Service

10-

1

10-1

9-30

62 %c

Chicago

(quar.)„i

non-cum..

10-

$1.75

Potomac

9-12

9-30

28 %c

_!____!__!__

preferred..!

Gas

Creek

Huron

4%

9-12

1

10-

$8%0

$5 convertible preferred (quar.) '
Ohio Public Service Co. 3.90%
pfd.
Ohio Service Ho.ding Corp.—
Water

9-22

10-15

25c

90c

4.40%
'Ohio Finance Co. 4%'%
pfd. (quar.)!,"!5% prior preferred
(quar.) - _!
r—Ohio Leather Co.,
common.

: •<'

10-

50c

pfd. (accum.)___
Co., common________„„Z_
preferred
(quar.)_I

Gear

Inc.

Extra

Pratt

Ohio Edison

Ohio

9-22

1

1

"10- 1

35c

—

Scale,. Ltd.,
Polaris Mining Co.
Pollock's, Inc. (quar.).
Pond

20

Ohio Cities .Water, $6

Oil

9-15:

10-15

_____

2

25C

_____

Water

10-

10-

r

—

2

9-

$1.50

Pneumatic

6%

preferred (quar.)_____:__„_.„„_____
Scotia Light &-Power, Ltd!—

Oklahoma

9-20

9-30

Worcester RR. Co.—

non-cum.

,

fower

Northwestern States Portland Cement (quar.)

$5

1

10-

25C

i

(initial, quar.)

9-

1

„

4

9-20

9-30

-

Novadel-Agene Corp. (quar.) _!___!
Noyes-(Charles) Co.—
Ogilvle Flour Mills. Ltd., common

1

10-

Plymouth Cordage Co. com.____——
Employee's" special- stock

Wis-

pfd.Zquar".)"ZIIII

i

9-

1

10-

—

&

50C

$1.25 '

(quar.)*_____!!_—_!_
Extra
'-*1—j—.—1
Rochester Telephone Co.; common (quar.)
4%#> 1st preferred A (quar.)—

.

Plume & Atwood Mfg. Co.

10-15

,•

10-

11-

___________

Extra

Port

_IIZ_ZZ7~~'
_7__
(Miirn.")—"

Co.

;

com.

1

10-

15c

Power

Extra

/ New

1

50c

$3.60 preferred
(quar.)
Northwest Airlines 4.6 %
Northwestern Leather
(quar.)____

8%
Nova

1

10-

50c

,

(irreg. )!!_

(accum.)

10-25

90c

Wayne

(quar.)

Extra

Co.____^

Ltd.

States

Norwich &

10-

„,20c

each

9-25

30c

(quar.)

:

9-10

9-22*
'

"

$1

—_______

Plough,

9-19

liquidat"

share" of

10-10

—

com.

1

Co.

$1.12%

(s-a)
preierred (s-a)

Plainfield Union

-

'

(initial)

Mfg. Co.

Shore

1

11-

40c

one
Power

Mills,

Button

___—

Co

Electric

common

&

North

10-

Car Corp.—

chares held.
North American Refractories-

.

9-15

$5

convertible preferred (quar.)
North American Co. (cash
dividendF—IIII

consin

1

30C

~~r

4,ing distribution of

Cotton

Rochester

$1.50

7%

-

,9-15

J25c

$2

\

1

10-

$i.06y4

__

(Stock dividend) A second
partial

Robinson

9-10

Pittsburgh Screw & Bolt Corp.—

10-16

,

40-

93%c

(quarTI

9-10

9-30

$1.50

(quar.

1

Mills, Ltd., class A (quar.)_
L.) Mfg. Co., Ltd.—
(quar.)
___'——
1
preferred
(quar.)——

$2.50'

9-10

10-1

1

10-

Common

9-10

i2%c

preferred (quar.)
Pittsburgh Plate Glass—

9-30

1.

•'

1

9-i5

10-

■" 10-

(P.

10- 1

(quar.)

Pittsburgh/ Fort
."

9-12

10-10
11-

50c

(quar.)""

Indus~trFes""Fqu~ar7-"~""~

Noblett-Sparks

'

'

$1.50

93%c;

10-

'

10-10;
10-18

90c

Works, 6% pfd. (quar.)
common—!——

Inc.,

3

4

Silk

Riverside

Robertson

$1.25

Co., Ltd.
(quar.).

preferred

Common
.

Ritter Co.,

5

9-20
8-20

11-

'

,

$1.37%

(quar.)
"Co.

15c

:

Common

10-15

1.

EFec.trFZcorpT 3%"%"rpfd/(flimrT"

Niagara

Nopco

11-

4

9-

9-30

$0.1944:

.___.

2nd

&

Water

'

9-10

1

10-22

25c
12 %C,

;

preferred
Brothers

Z 9-30
"

$1.06»/4

4% % convertible preferred (quar.)
Pittsburgh Bessemer Si Lake Erie RR.—

8

10-

"

Newport Industries, Inc. 4% % pfd/
Niagara Hudson Power Corp.—
•

1

9-

2nd

Richmond

" 10-1

$1.06%

—__

Governor

6%

97%C

pfd. (quar.).

"

10-

1

93%%

Co.

Co

•

v.

Gas—

(quar.)!
Telephone (Ohio), 6%

Newark

10-

7%

Richman

9-22

1

10-

:

25C

(quar.)

,

10-15

$1.50

10-15'

20c

(initial)

Co., Inc.—
Pillsbury Mills, Inc., $4 preferred
Pitney-Bowes, Inc.—
'

9-22

1

(quar.) __!„___

preferred

Morris

Pierce
1

9-15
9- 8

10-

$1.31%

(quar.)_

•

9-15

1

10-

37 %c

Phoenix Insurance Co. (Conn.)
(quar.)____
Pictorial Paper Package (irreg.)————"
Piedmont & Northern Railway (quar.)——

'

9-15

10-

>-15

10-" 1

$1.50.

(quar.)
Reynolds Metals Co., 5V2% conv. pfd. (quar.)
Reynolds (R. J.) Tobacco, 3.6% pfd. (quar.)
Rhinelander Paper Co.- (quar.)—-5%, convertible preferred (quarO——
Ricq Ranch Oil Co. (quar.)__
:
Rice-Stix Dry. Goods—
"
7% 1st preferred (quar.)
;

10-15*

1

10-1

$1.75

(quar.)

preferred

$3.60

9-15

1

1

10-

pfd.

9-ia

10- 2

,25c; ,.10- 2

(quar.)________^

& Brass, 5%%
Association-.

9-10.

10-1

' 25c

,

Bros,

*

preferred

4%

'

10-

pfd.

York

10-

!

/ 9- 5
9-10

56'/4c

(special)
"""
Chicago, &-St. Louis RR. Co".—
(accum.)..
New York Power &
Light—
' ' ,
York

1

,Ur

$ic;

(quar.)——
Philadelphia Transportation Co.
Participating preferred (s-a)_.
Philco Corp., 3%% pfd. A (quar.)

9

$1.18%

6% preferred A

3%% preferred
New

5%

9-20

1

$1,75

PubFicServFce—

T

9-

10- 1

$i.06y4

,

1st

non-cum.

Philip

New York

New

1

9-10

$1.37%

Philadelphia National Insurance (s-a)______
Philadelphia Suburban Transportation Co.— \

9-10

10-

10-1

$i

pfd. (quar.)
Philadelphia Electric Co. com. (guar.)—.
$1 preference
(quar.)

9-16

10-

;

com.,

Co

preferred (s-a)
preference
(quar.)

$4

9-19

$1

4%% preferred (quarjITT
New York Air Brake Co.

-

1
1

9-30

22y2c

New Jersey Water, preierred A (quar.)
London Northern RR.
(quar.)_________

Rubber

pre.efen.ce

$4.50

9-12

10-

Reymer &

Philadelphia Dairy Products Co., Inc.—

1

10-

,

50c

New

,

"

9-30

1

9-10

40C

.___—

$1

(quar.Z

&

$6

11-1

•

Tire

$5

1

11-

1

10-

$1.50

—

Light, 4% pfd.

f

6%

Co.—

4% % con v. preferred
Mquar.)
New Jersey Power &

.

11-

10-15

$1.12ya

..

Pharis

1

5

9-20

1

,12-

112c

& Electric Association—
convertible preferred (quar.)
Pfd- (quar.)„ZIII

New, Haven Clock

12-

9-12

$1.25

__________

2nd
preferred
(quar.)
(Charles) & Co/ preferred

Philadelphia Co.

9-18

12-1

"~~

(quar.)

11-

1

50c

'
,

10-15

9-30

System (initial quar.f.

N®^,^ngl'ind Qas

3.90%

10-

Co.

preferred

1

820

Mines,

4y4 %

9-18

11-15

25c

$3.50

Telephone, Ltd

'

9-15

1...

Stove

Gold

prior

10-

,

87 %c

_____________

9-12 :

10-31

25c

Sf«, Ingl,an<i Pcwer<
New England

New Orleans
Common

.10-

,

53 VsC

(s-a)!_!:.

5 5ngl.aPd Electric

Extra

1

6%

Revere Copper
Revere Racing

$1.12%

"7

9-19
9-12

10-1

30c

—

(quar.)
Ltd. (quar.)
Pet Milk Co., common
(quar.)
4l/4% 1st prefeired (quar.)

Perron

9-15

-

9-30

$1.25

"

25c

-■

—

' JO- 1

35C

Holier^

Share1 Payable of Rio.

77

.

______

Extra

"

Perfection

•

9-20

9-30

50c

Brunswick

9-22"

10-15
10-

t.

9-22"

:
.

10-1

25c

____T

preferred

4%%

9-29

$1.12 V*

Corp./ (increased, quar.)
Nekoosa-Edwards Paper (quar.)_.,_;
Now Bedford
Cordage,: common...
Class B

-9-22

9-29

10c

50c

___

(quar.)

*v*%

1.

Pfizer

10-year preference, (flpal)__7.
4%% preferred (quar.)™,

SiHW Tea ,CoNehi

10-

of Company ' '

,

lOo

"

$5 preferred (quar.)
Peoples Drug Stores, Inc. (qiiar.)_
Peoples Gas Light & Coke (increased)—.—
Peoria Water
Works, 7% pfd. (quar.)___—
Perfect Circle Corp.' (quar.)_

9-20
9-20

40C

.

$2

9-30

&

Common ' (quar.)

9-15

1

87yac

,

"9-12

10-10

When

per

Name

Republic Pictures Corp. $1 conv. pfd.~ (quqr.)
Republic Steel Corp., common (quar.)
"

Pennsylvania Telephone, $2.10 pfd. (quar.)__
Pennsylvania Water & Power Co.—

9-15

10-1

30c

National Supply Co.—

National Tank Co.

:
-

/
■<

10-

20c

"

10- 1

10c

Light Co. com
4 % % preferred
(quar.)
Pennsylvania Salt Mfg. Co.—
New: 3%% preferred (initial)—

9-15

•

10-1

i5c

: ' ' 40o

"

(quar.)

com.

When Holier•
Payable of Reo.

;

Share

.—_________

25c

0' Deto«r;rinc:-

'

New

1

""""

National Stamping Co., 6%
conv"pid.~Ts-aZ
National Steel Car
Corp. (quar.)
National Sugar

m

8

10-13

,

buc

NcS™„sT,ru.rS)ops

7%

10-

$1.25

.

New

8

9-

1

Pennsylvania Power

•p'-i:

KXa!
,

11-

15 c

.5% preferred (quar.)
4%% preferred (quar.)-"'

Bearing

9-

9-30

$1.50

,.

12-5
1

9-30,

; i2%c

""

Pennsylvania Glass Sand' Corp.
5% preferred (quar.)

:

9-5

1-1-48

12%C

""

•

(quar"IZIZ

B

F

.

10-1
.

ZF

.

Pennsylvania Co. far Banking & TrustsQuarterly
Pennsylvania Engineering Corp
Pennsylvania Forge Corp.__"_-__—E

10-20

•

10-

J15C

Extra

Per

Name of Company

9-i5''

10-15

" '

National Linen Service Corp.
Common
(increased)______"

Motor

"11- 1

f

20c

___

National

15c

:

t37VaC

Hosiery Mills, Ltd,
Quarterly
;
National Lead Co., common
preferred

10- 1

$ 15c

(quar.

National

6%

Holiert*

Payable of Rec/,

50c

_

$1.50

When

Per

Name of Company .
<
National Fire insurance
(Hartford) (quar.) National Pood Products;___
"
'
National Fuel Gas Col
(quar.)"
'National Grocers, Ltd.,
common. (quar.)

—

Print Works, Inc;—
preferred (quar.)_———

1

;

,

50

THE COMMERCIAL & FINANCIAL CHRONICLE

(1208);

.u,.

f.
"

Payable of Rec.

Share

Name of Company

5%

preferred

37V2c

4)8%

9-

5

9-30

9-

5

(quar.)_________——

10-15

37 V2c

lU-15

Indiana

Udyiite Corp.

9-30

Union

Asbestos

11-

$1.20

10-15

1

9-30

$2

10-

1

$1.50

10-

1

9-22

Pacific Railroad,

Union

9-15

preferred

4%
Union

9-15

10- 1

$1.25

(s-a)_

Co.

-

^

participating
Patricipating

/■'

—

United

9-20

1

9-20

United

10c

9-30

9-25

9-30

9-25

United

Industrial Bank

United

Light & Railways,

1
1

9-20

10-

1

10-15

9-20

Stahdard Paper Mfg. Co.—
75c

(quar.)_*i

'

•

«<-$l

!

participating convertible preferred (quar.)

9-2<)

10-

t3iy4c

10-

j.iCommon (irreg.)
Standard Paving & Materials,-Ltd.-**

1

1

10-

j3i y4c

8-29
8-29

Radio,

class

Ltd.,

qiass, B (quar.)

%

9-21

Standard

Co._

Screw

—

1

'

jj——

,_r

10-10
10-10

9-21

5%

60c

9-30

9-22

5%

12-10

1 cash

Stanley Works (The]
'stock dividend of

50c

dividend_

share

one,

of

Hart

9-30

12-

9-10

of

Stanley

Worj&s

75c

10-10

9-10

75c

9-30

9-19

(Boston).—

35c

10-15

9-30

Stecher-Traung Lithograph (irreg.)
Stediuan Brothers, Ltd. (quar.)—_—__

75c

9-30

(L.,S.)

Company (quar.)nn—_j__

St^te, Street Investment Corp,

—

25c

Cbmmon

:

Sterling,
Stern

n/
(quar.)
Textiles,

Inc.

&

Stern

4%%

53c

53c

50c

preferred

4%%.

Stop & Shop,

$1.25

4-1-48

$1.25

7-1-48
10-

1

10-

1

(quar.)__

6>

common...........

Sun

Oil

Sunshine

common

12-31
9-25
9-16

$1

1

9-17

$1.75

I-2-48

12-17

10-

9-30

States Gypsum Co.,

7%

preferred

United

States

(quar.)

Securities

10-

1

9-23

U.

1

9-23

U.

S,

15c

10-1

9-22

10r 1

$1.25

$1.25

9-30

12-17

Extra

——

10-

62y2c

(quar.)

U. S.

Plywood Corp. com.

9-10

1

preferred A

preferred

5%

9-15

(quar.)

9-22

U.

8.

Radiator

9-22

U.

S.

Rubber Reclaiming—

$$4.25

10-

1

9-15

$1.12ya

II-

1

50C

.

9-20

11-17

10-

75c-

1

9-10
8-29

$1

10-

S.

9-15

1

8-29

1

9-19

1

9-19

70c * convertible

10-

1

$1.25

11-

1

9-17

9-30

9-15

75c

9-15
9-15

9-30

9-15'

15c

4y2'% preferred (quar.)——

10-

1

9-15

5614c

Ltd.,1 common

—

10-

1

9-15

'

preferred

4y4%

(quar.)
(initial

preferred

Tennessee Products
•

preferred

8%

Texas Company

9-12

1

9-12

Uprpssit Metal Qap, 0%

I

9-12

1

9-15

10-

1

10-

$1.75

8-22

1

$1.02

9-15

y?

10-

1

9-10

10-

1

9-22

& Chemical—
10c

$6 preferred
Oil

Texbn

&

Land

Co.

>

.

9-10«

1

9-16

9-30

10-10

11-

10-10

(quar.)

1

9- 2
9-20

25c

(quar.).

50c

Quarterly
Quarterly
Quarterly

9-10

1
1

10-

1

9-15

12-15

50c

4-1-48

3-15

50c

6-25-48

6-15

Thi^it

Stores, Ltd. (quar.)
t25c
-i-.
;
Thrifty Drug Stores, common
25c
■.
■f,
preferred A (quar.)
_i_i. * $1.12»/2
4V*%
preferred B
(quar.)
$1.O0V4
Tide Water Associated Oil, $3.-75 pfd. (quar.)
93%c
Time Finance Co., common (quar.)__i
lc
6%
15c
preferred (quar.)
55c
Timely Clothes, Inc

10-

TipTop Cahners, Ltd., class-A (s-a)_in__Tip Top Tailors, Ltd. (quar.)wi

1

9-30

9-

8

9-10

'

7%

Todd

Toledo

Edison

Co.,

Brothers,-

Toronto
Class

Toronto

Iron
A

Torrington
Traders

iV2%

Co.

Trlao

Corp.

Products

TraiJmobile Co.,

4'/4%

$6 pfd.
(quar.)

1

10- 1

7%

2

(quar.)

-10-

1

9-19

10-

1

9-27

10-

1

$2

-

$1.06 Va
$1.50

10-

&

Co. '(stock

Lothrop,

-

1

10-

-w -

»

v

•*;;

9-2®

1

10-

-

,

9-25
t

$1.12V2

'.

9-19

1

"

9-19

1

10-

$1.25

9-

*.

*

2

.

9-15

1
>

9-30

9-15

■

,*ii

56y4C

$1.50

^

j

.

k

1

9-25

10-31

10-15

10-

pfd. (accum.

10-

1

10-

1

10-

1'

'

$1.75
J,

10c
150c

9-30

9-10

9-15'.
8-30

9-29

:

9-17

$1-75

9.-29
10-10

8-21

t4C

1

—

10-

25c

"11-

1

10-20

12-

1

11-20

1U-

1

15C

To€ne Mfg. (quar.)__
Cat^VCo.—

.

9-20

2aC

25C

_________

;

9-25

10-

.

9-17

*25c

J:-« i

-

10-31

11-10

50c

(quar.)

.

9-20

*

9-30

100%

dividend)

common

'

9-10

25C

—____

Co., 7%

1

9-

5

1
.

•'
25C

25c

preferred -(quar.)_—.—

convertible

preferred

6%

convirtiDle

preferred

10-20

;

1*20

;

4-20

:

7-31-48

7-20

10-

1

9-15

$1.50

37'4c

(quar.)

preferred

1-24

10-31

37ViC 4-30-48

C^poration (quar.)_____

Corp.^4Y2%

"

2-1-48

37%C

(quar.)________

Young (J.Company,' common
7% preferred (quar.)

10-25

1

20c

cotjWrtibla

volnnde

11-

1-31-48

37 V2c

convWtible preferred (quar.)

6%

—__

(quar.)

10-

1

9-19

$1.75

10-

1

9-19

56V4C

(quar.)___

10-

1

,

9-16

'

Less 3qf: Jamaica Income tax.
•Transfeairibooks not closed for this

x

9-15

1

9-10

9-30

10-15

1010-

12-

»Pavable-4n

U

8

funds,

less

15%

Cuuaman

nop-rasioen«

Non-

*i

1

12-10

dividend,

tPayable *fn Canadian funds, tax deductible at the sourca.
taSP tSlfc; resident tax 7%.
a Less British Income tax

resident

1

10-15

10-

5%

Victor

9-

1

9-20

,; $2.50

preferred

(quar.)

preferred
preferred
Tool

10-

1

9-22

Warner

10-

1

9-22

Warren Bros.

10-

1

9-15

1

9-19

10-

1

9-19

53V8C

10-

1

9-20

9-20

15c

10-

1

9-12

Inc.,

and'iiarther in' Bache & Co.; Frank T. Ryan, President/Sir Wil¬

10-

1

9-12

liam

Stephdnson,

10-15

/ 9-30

10*20

10-10

35c

10-

I

9-16

10-

1

9-13

25c

10-

1

9-19

1

9-19

'

:__■
_—

—;

j„J!

$1.37(4

Pictures

(quar.)
(quar.*)—

333/4c

9-

$0- 3

37 (4c

11-

5

1

1

10-17

1

11-

63Vac

J

15C

J
Co.

Wayne Knitting Mills

75c

9-30

9- 9

Wayne

37 %0

9-30

9-

Weatherhead

Screw

$5 pfd.

-

■'

9-30

!

io-

50c

,

10-

2%C
:

industrialist; Edward R. Stettinius, Jr., former Seta-J

retary of State and former

Chairman, United Stages Stee^ Corp;

'< ;?.i

Yolande Corp.—New Secretary—

-'> ' 1

9-16

i;

'

.

9-23

9-12

1

10-15

Harry Robinson,
Sales Manager, has been elected Secretary,
pssumes
h's new responsibilities
immediately and will continue
duties'as Sales .Manager.—V. 164/p. 2738.

He
his

9-11

1

10-1

$125

(quar.)

the

The full.hoard

9-16

10-

50q

i

Products-Co.

9-16

25c

.

i

Oo.__i_l

9-25

9-30

25c

I-

'

(qv.arj

9-30

50c

MotOr

in

Bickle,

10-17

'

Quarterly

Wayne" Pump

9

9-20

1

"■9-15

(quar.)^

(auarf)

Extra

11-10

1

10-

9-20

9-30

$1.50

Washington .Water Power, common.
Waterbury Farrell Foundry & Machine Co.—

Waukesha

10-

9-20

9-30
9-30

5c

&

B

10-

25c

v

t$l :

9-15

(Continued from page 12)

$1.75

7-15

75d

J

1

■

development in backward areas of the world and in those!
areas
lavaged by the war by mak'ng available the services of out*-"
standing. technicians
and the introduction of modern production; j
methods." This will contribute to a general, raising of living standards

62»/2c

4-15

8-2-48

$1.75

(quar.)

Co., class A
Baking Co., common——

•r.w«•'
industr'al

badk^vard: countries."
1 of: directors of World Commerce Corp. follows: B. W- >
senfer. partner W'lls," Bick'e & Co., Ltd.,-Canada; James "FL •
Cavagnar§;r.^enior Vice-President, Transamerica Corp., Saq Francisco;
William WT'Cumberland, partner Ladenburg, Thalmann & Co., invest-'
mpnt." ha nicer?,
New York;
Daniel A." de Menocal. director French-:>
American Banking Corp.^ former Vice-President the First .National,Banit, .
of Boston^Major-General W l'iam J. Donovan, senior partner Donpvai^ i
Leisure, NeWton & Iri'ine, New York;
'
Also;
Russell- Forgan, partner Glore, Forgan & Co., ...investment
banker?, New' York and Chicago;
Joseph C. Grew, former, ,U, SJ i
Ambasradofi: to Japan;: L. Boyd Hatch, Exequt've Vice-president^ the
Atlas CorjAtTJames D. Mooney, Chairman of the board and President^
Wipys Oyefiand Motors, Inc".; John A. R. Pepper, President/'iBiddle-.
Sawyer Coro:; Johh -t. Ryan. Jr., President. John J. Ryahf Jt Song;

1-15

5-1-48

25c

:i_:

Cp;

Co., class A

10-15

37(4c

Co;, common

Brother?

9-15

11-1./

2-2-48

37 (4c

___*

7%

preferred

10-- I,

$1.50
37y2c

Vulcan

CV2%

9-30

9-20

37 (4 c

(quar_*_*„*_

Ltd.

8

9-17

—

(quar.)_i._'

(quar.)

Coifton,

8

9-

9-27

87(4c

Virginia-Carolina Chemical Corp.—
6%~partic. piieferred (accum.)T
T
Virginian Railway, 0% preferred
6%
preferred* (quar.)

8

9-

10- I
10- 1

40c

:

General Corporation and
1
Investment News

9-10

10-1

; $2.50

(s-a)

non-qum.. preferred
(s-a) T.
Chemical Works com.*—

3xh%

1

9-15

1

1

10-

10-

Twentieth Century-Fox Film Dorp.—



mm

10-*

+25c

Ward

j

9-16*

.

-

6%

9-20

$56C

9-15

.

10-1'

^

1

10-

10-

30c

:

i

9-30

15

10-15

$1.06

Common-^fquar.)

12-22

$$1.25

pfd. (quar.)
Ltd., common (initial)-.
;
preferred
(quar.)
Vicksburg Shreveport & Pacific Ry,—"

1

J.4

io-

r

5

1
1

27C

Verney Mills of Canada 4J/2%

10-

1

9-

1010-

10-

Walker

10-

•

10-

•

9-3®

9-20

1-2-48

5c

9-15

$1.50

\'r

9-15

$1.75

9-15

_____

9-15

I
1

9-30

-$1.25

—

9-27

11-14

(Dallas)—-

preferred.!.

5

9-1® '

-

4„

1

(quar.)

5

9-

1

-

1

preferred (quar.)„

Venezuela Syndicate

3

11-15

10-

20C

(quar.)—,
J
class B preferred (quar.)„_

Wabasso

9-

1

10-

250

(/^

256

preferred

A

10-

(quar.)___

Co.

convertible

non-cum.

Vulcan Mold & Iron

1

10-

02'/2C

pfd.

Common

class

5%

Cl.ass

conv,

•^41.50

5%;

9-23

10-

$'$1.12%

Trinity Universal Insurance
Quarterly

9-

1

10-15

'

30c

A

Monthly

Co.—

10-

(quar. )J-

t

10-22

$1.75

Commonquar.)

12-30

10-

30c

6-15

9-20

Finance

Corp.t

10-15

1-1-48

'(qUar.)

45c

Corp., Ltd.—
preferred (quar.)

Co.—

10-gQf

10-

10-

750

_=___

1

-

10-

12*40

pfd. vtc (quar.)
8% pfd. (quar.)__—

1

9-27

-10-20

10-

11:

60C

25c

1

11-1

$1.25
$5

preferred (quar.)
—
Combihg Corp. of Canada, Ltd. (quar.)

Yale &

9-29

Bakers—___

25c

Tri-Continental

10-31

62y2c

9-15

1

I

Corp.

Sciver (J. B.)

Dutch

*$1.25

Co. (quax'.-)x_-_n_(increased)
i

Mortgage

Towmotor

Van

Kamp's Holland

de

10-10

(quar.)_J,

9-16

10- 1

preferred,(quar.)__
^
Corp;. $3 cohv. prior pfd. (quar.)__
$4.50 preferred (accum.) —J J—_j.jj.__—__
Vulcan Detinning Co.—
*"
Nqw 7% preferred, (Initial <luar.)

10-

2c

1

62(40

U5c

Ltd._

Oir-Co.

-

9-20

9-30
J

25c

(AliinFsteei

Yellow

12-30

J__

Wagner Bakjng Corp., common——
7% preferred (qua).)_
i—_—
Waldorf System. Inc." (quar.)
i_—"

Works, Ltd., common tquar.)_

10-

10-

prior pfd, (quar.)_

Vlchek

9-19

Tpni Bell Royalty Co.___
Tooke

preferred

»

'

9-20

1

1

10-15

15C

9-20

10-

12-

6%

Monthly

Yorx

9-10

1

$1.06 Va

1

'

1

10-

$1.75

(quar.)______

9-16

9-30
11-

1-1-48

$1.12

tlOc

pfd.

9-15

$1.37'4

(quar.)___—_______—
Wisconsin;Electric Power, 6% pfd. (quar.)_

9-29

pfd, (accum.)_____

fl5c

4y4%

9-16

9-30,

66 (4c

1

10-

15c

9-25

10-15

1

•

6%

t7»/2C

_i____

9-

1

$1

—

Wright^H^lgreaves Mines tquar.)
Wrigley (Wm.),:jr. C6. (monthly)

66y«C

7

0%

t25c
-

1

10-

75c

(quar.)—r_

^—

9-10

75c

9-10

10-

50c

Packing Co., common_-_
prefen-ed 'quar.)
Company (Irreg.).

10-

.

9-15

12y2c

(quar.)—__——*—__

& LoYBtt Grocery

6%

9-10

-

•

common

'

9-ltt

12c

9-30

y2p

75C

9-30

______________

1

1

•

$1.50

(quar.)—

Company, $4.25 preferred (quar.)_
Lin&I tnc. (irreg.)
—

Woodward

'

9-30

•

Tobln

;

prior preferred (quar.)_
Utility Appliance Corp. $1 conv. pfd

Common

11-25

1-1-48

50c

;;

9-20

9-30
1012-

$2.50

12-18

10-

10-

25c

7%

5%

9-29

9-30

3iy4c

1-2-48

$1.25

$20c

Wool

Viau,

IOC
50c

;

9-18

Vapor Car Heating Co.—

_

11- 1

„:___i_

______

«;i

1

10-

$1.50

Textron, Inc., $1.25 conv. pfd. (quar.)
Carbon, $5 preferred (s-a)
Mills

10-

$1.75

Thermatomlc
Thomaston

9-15

$1

(quar.)—1„;

Textiles, Inc, com.
■4% preferred

1

50c
'

10-

$1.50

!

Tex'as Electric Service, $0 preferred (quar.).
Texas &; Pacific Railway Co
_i___
Texas Power & Light, T/o, pid. (quar.)_____

9-2$

1

10-

——

9-20

50C

____J

5%

Van

(quar.)

,!»Li

10-10

$1

______

—L_

(quar.)

WoodwaiiSiSQn

$2

44/2% preferred (quar,)
Utah-Idaho Sugar Co.—,
60c class
preferred (quar.)
Utah Power & Light Co

Utica Knitting Co., 5%
_____

2-16-4fl

"

25C

(quar.)

Inc.,

t

$1 25

Woodley Petroleum Co, (quar.)___—hm—_—
Woods Manufacturing Co.. Ltd. (quar.)_—

9-25

$1

Upson Co.

$5c

quar.)

(quar.)_

(quar

1

$1.06 »/4

mi:

B

10-

10-

11-

2-1-4#

2-15-48
11-15

(irreg.)_

&

Wiser

9-IS

£

11-15

75C

_______

9-15

(quar.)l_£

„(quar.)__-.

10-

Tennessee Gas & Transmission Co.—

4;l0%

preferred

B

JO-

25c

Teck-Hughes Gold Mines, Ltd. (interim).v.
Telluride Power Co.,'7% preferred lquar.)__
s

preferred

4Mj%
4La ^

$5c

•

__

9-15

*10-15

1

9-30

50c

(quar.)__

$6 preferred

10-10

17(4c'J

Upper Michigan Power & Light—
6% preferred A (quar.)
6% preferred A (quar.)

$50c

...

preference (quar.).
Taylor Instrument Cos. (quar.)

11-

tl 25

10- T

25c

(quar.)_
J
Pictures Cc. (quar.)

$25c

(quar.)

'

4%

9-15

10-15

$1.25

10-15

preferred

Universal

9-30

9-30

50c

(quar.

10-15

"

75c

-

....

9-24

31 y4c

—______

com.

1

$17

£—common

9-25

9-20

$50c

Ltd,: .(quar.)

Wood

9*25

10-15
11-

15c

8%

50c

;i_i

(quar,)—

Lqaf Tobacco,

9-35

1

1

9-30

75c

$2.50

.

*

Cyclops S^eel

Universal

10-15

si

*•'•

preferred

9-30>

75 c

(quar.)

$8.75

(quar.)
(quar.)_-

United

Universal

*

9-26

62 (4c

•

2c

Winn

10-20

"87V2C

8-18

1

1

i.

-

____-__r_-___i

Trust: Co,

31-

10- 1

10-

10-

:

,J9-2S

10-15

20c

:

(N. Y.)
i.
NewbJersey Railroad & Canal (quar.)
United Steet Corp., Ltd. (quar.)____—
United Stockyards Corp.—
U.

1

9-30

10-

10c

(accum.)n—

(increased)

Common

•7% preferred (quar.)
United Transit 5% pfd.

1

10-

11-17

5%

$i.06y»

______________

10-10

9-30

25 c

pfd.

10-15

40c

t

10-15

10-30

10-1

—

*

-9-15

1

10c

t$1.40

(s-a)

Willys-Overland Motors, Inc.—
$4.50 c6nv pfd. series A (quar.)

Wilson

9-15

35C

Njew $1.40; convertible preferred (quar.)
U. S, Smelting, Refining & Mining-f-

6%

*10-

10-

$1.12te

_

'

9-15

10-15

15c

1

Corp.

1

Oil

preferred

Wilson

9-20

10- 1

10-

Inc

preferred

Wlisil,

10-10

lo-1;

9-15

Stores

Ri^tnr

4V2%

1

dividend).'

10-20

62 (4C

10-

10-

(G.),

:

9-15

93%C

(quar.)—__—r_—1_

10-

10-

Extra

1

9-15

1

(quar.)___—__

preferred

Wiggins Terminal

U. S. Printing & Lithograph Co.—

15c

35c

./

10-

1

10*

(quar.)—
Corp—;
—.Water Co., 7%
pfd. (quar.)____—
Electric 6%
pfd. A (quar.)___
/___

6%

9-15

20c

(quar.)__—

$1.13

A <quar.)i__i_

(cash

.9-18

1

40c

Tamblyn

1

50C

-

10-

9-22!

10-

10-1?
r

Co.—

Ttmd,

AutP

$4.25

9-22

1-2-48

50C

10-15

*

10-1T

•

$35c

Cos.

Ltd;
Mfgr;

Wieboldt-Stores,

9-15

10- 1

,

22 (4 c

Lines,

3%%
10-

50c

(quar.) ni___Ji.jii.i__

Inc.

9-15

1

"

Sylyania Electric Products, common._i____.
$4 preferred (quar.) _i___.xi
....
Sylvanite Gold Mines, Ltd. (quar.)
__
Tacony-Palmyra.Bridge Co., 5% pfd. (quar.)
Common (quar.) £___£—__n
i.-.i__

(James)

9-15

10-

$1.12'/2
$1.50

(quar.)

Will & Baumer Candle,

$5 1st preferred (quar.)_r_jj._____
4V?% preferred (s-a)_
;—
flaying Card Cp. (quar.) ______

S.

10-

10-

Talpett

Wico

8

9-30

10- 1

11-15

Wichita

-

Corp.,

25c
25c

25c

A

9-

50C

50q
*5

—

International

&

Whites

-9-22

(quar.)

common

b-30
11-15

$20c

(quar.)J

conylrtible

Whitehall

9-22

$1.50

9-22

$1.75

25c

A

*

10-ZX

$1.75

—

class

Vtieorge),

Wichita
9-30

y

United

9-15

9-30

43 %C

Superior Steel Corp...
Swift & Co.; (quar.) £___

Class

l-

$1.12(4

10-15

Wheeling "Btefel Corp., ' common^
$5 convertible prior pfd. (quar.)__:
WhltakerT'&ner Co. j(increasert)

*

•

______

Mining Co.

9-C2*

1

56c

Co. of Canada (quar.).l.

-Stock dividend
V/a % ; preferred A

k

2

~

;

9-19

10-

(increased)

Corp.

10-1

$1.75

-J—n—_
U. S. Foil Co., 7% preferred -(quar.)-—
United States & Foreign Securities Corp.^f-- $4.50 1st -preferred (quar.
—i__
$6 2nd preferred (quar.)_j—
U. S, Guarantee Co, (N. Y.)______—_

10-

57c

4Vjf%< preferred

Co.,

$1.75

■

—

preferred

1-10-48

•

$^.50 preferred A (quar.J.1—
Sunbeam

9-19

9-30

—

Sunray Oil Corp.,

1

10-10

(quar.)

Assurance

10-

$i

9-11

"

Stromoerg-Cavlson Co.—
'convertible preferred (quar.)
Suburban Propane Gas, 5% pfd,*(quar.)T___
Sun Chemical
Corp.,' common___.i--._i.i__j.
Sun Life

9-25

9-16

Clothier, $5 preferred (quar.)

Strqwbridge

9-25

10-15

1

i2y2c

9-16

10-15

2

12y2c

6

9-231

1

25c

Wheeling ^T&ke Erie Railway, common.__
4%
prist ilien (quar.)_
5Y2% eontertible preferred (quar.)—_—

"

25C

10c

________

50c

25c

__
—

Finishing, $4 conv; pfd

10-

37 (4 c

—.

1

11-

(quar.)—

Stationery,

Inc.

Wheeler^sgctod

9-16

(quar.)

preferred

Weston

9-20

10-

10-

(quar.)

Weyonbem Shoe

9-23

30c
62 (4c

(quar.)__

(quar.)
(quar.)_.

a

preferred

5%

3-15

48%c

preferred

WestmoreiSna',

9-23

(quar.)_

pfd. (quar.)
Publishers; Inc.

(quar.)—_

c'.ass A

RR., common
.!___JL

Westmoreland Watei;,

6-15

1

Pacific

5%

5

10-

3

(quar.)

5% prHefied A
Western Tablet &

12-15

30C

com;

11-

JLight & Telephone Co., Inc.—
prefetfed "(quar.)
———_~

5%

9-15

9-

50C

Common liquar.)

11-15

I

Grocer's, Ltd.,

Western

10-15

1-2-48

87y2C

_____

10-

$1.25

10-

(quar.)

Inc.

9-19

-

1

9-201

$1.50

Co.____

Western. Massachusetts

10-15

$1.25

Shoe

7%

12-

10-

common......

(quar.

preferred

9-19

S.

10- 1
11- 1

50c

Electric

5%

9-15

50c

.

I-

Western

11-15

11-1

10-

(quar.)„,

Stores

Department

$1.40. preference

11-15

*

—_—

Machinery, common
6%
preferred (quar.
U. S, Fidelity & Guaranty (Bait.)

U.

1

9-15

30c

(quar.)____

(quar.)——,—__w-—

Western

10-15

1

1

Water Service—--

Western

9

i

12-

no-

53c

25c

Stix Baer & Fuller Co., '7% pi a.- (quar.)___
Stokely-Van Camp Inc., common
5% prior preference (quar.).:—

,

United

&

Western

*

10c

SteHin'g Electric, Motors,
,

9-15

9-30

20c

Sterling Aluminum Products (irreg.
Sterliug
Brqwers. Inc.
Sterling Drug, 3y2%! preferred (quar.)

i

9-30

10-

}15c

Ste£l Products Engineering Co,!:;.—

.

Printers

12-

58y3c

-

10-

$30c

9*15

11-1

9-12

50c

(quar.)_.

Western Commonwealth Corp.,

9-20
10-

0-17

10-15

17y2c

Petroleum, 70c pfd. (accum.)
Assurance Co. (Toronto)--(s-a)____

Western^Bxeareries, Ltd.

7-31

1

9-10

1

—

preferred

Western

9-15

1

Vrr^TSla

$4.50

9-11

10-23

58Y3c

9-15

Starrett

"

participating

United

held____T__

common

10-

10-

58 (4c

preferred

United Milk products Co.

&

1
1

9-30

25c

common

preferred (quar.) ________nJJ____
(quar.)——

5%

1

oVCooley common stock for each 50 shares

10-

16%c

n__——

Virginia Pulp .& Paper

Westates

Y.)—-

(Brooklyn, N.

preferred (quar.)
preferred (ouar.)_—

5 %

Stahdard Wholesale Phosphat & Acid Wks.—

West

Manufacturers, Inc.—

United Merchants &

tlOc

tlOc

(quar.)_,

A

_

10-

t$l
25c

10-

$1.25

9-lQ

.

55c

prior

60c

Stahdard
■

1

9-15
;

t$1.75

SpeclaPTTi_i.

~

-

preferred (monthly)
7%
prior "preferred (monthly)—
1% prior-preferred (monthly
r
6.36%
prior preferred (monthly)
1
6.36%
prior preferred (monthly).
6.36%
prior preferred (monthly)r_
j;
6% prior preferred (monthly)__n___
6% prior preferred (monthly)
:
U!
6% prior-preferred (monthly—
7%

9-30

10-

93%o

—

9-10

10-

$1

9-20

10-

•

&%' participating 'preferred

9-18

9-20

10-

25c

25c

_.

.

10-15
10-1

25c

Illuminating Co
zzr
Fund (irreg. )„.;:..n-:—

18%C
75c

Standard Oi) Co. of Ohio—
y%%
preferred A (quar.):

9-18

$1

Income

United

(quar.)

West

9-26

$ 75c

preferred

1

6%

10-

22*40

—

West PenitlFower Co.; 4*4% pfd.
West TeYds Utilities, $6 preferred

Investments, Ltd.—

Fuel

class:. A

10-

10-31

10-15

A

Electric, $7 class
preferred (quar.)
preferred, (quar.)

Penn

7%

-6%

10-14

1

50c

______

10-

10-31

West

10-14

i

"10-15

$1.75

pfd. <&ccum.)___

Dyewood, Corp., T/o
Fruit Cq. (quar.)

$1

-

1

12-1

f $1.25

li-

-

9-30'

20c

Light,-Ltd.—

preferred (quar.)
__2
Micnigan Steel" & Foundry^—
7% prior: preferred '(.quar.)—

1

75c

12-

10-15

1

1

11-

n-1

1

—

7%

9-15

15c

—

9-15

1

10-

West

9-19

9-30

87 (4c
'

(quar:)

(quar.)
United Gas- Corp.
(increased)
United Grafo Growers, Ltd.—
5%
hon-cum. preferred A

tioc

9-30

5c

9-18

9-30

20c

11-

J.—

_

preference

United

9-15

$1

Standard Factors Corp., common (quar.).—
75^ preferred
(quar.)
—
——
Standard Fruit & Steamship Corp., common.
.

10- 8

1

2

8

United

—r-—i—

__n__

10-15

10-

2

9-

50c

•'

Springfield Fire,& Idurine Insurance (quar.)
Sqiiare "D", Company___..___\._____'__..__-__
Squibb (E. R.) & Sons
$4 preferred (quar.)_
—Stahdard Chemical Co., Ltd., com. (quar.)_
5"%
preferred
(quar.)—
_______—

."5fear-end

10-13
12-

$1.13

9-

1

(irreg.)

Snowdrift

West Kootea&ji iPower &

9-20

1

10-

10c

10-15
12-15

75c

-

1

10-

—_—

preferred-(quar.)—____

convertible

$3.50

United Drilll& Tool class A

35c

50c

—

9- 5

10-

1

10-

6uo

common—

—

West Coast Telephone Co., $1.20 pid. (quar.)
West Indies Sugar' Corp.,
(special Interim)

9-10

1

$2

———

(irreg.)
United Cigar-Whelan Stores—

—

2

$1,50

—

(quar.)—

Co.

10-

.

'

10c

Fund

Bond

Wesson

9-22

i

(quar.)

common

(s-a)

Drill

Twist

1

10-

17(40

(quar.)—___

Carbide & Carbon
Union Investment Co.__j

10-15

$1.50

10-

9-16*

10-

3iy4c

&tFIxture Co.,

15c

preferred (quar.)_
Weliingtqn Fund, Inc.(quar.) ____—
Wells Fsflgo & Co.,■ 4 '/2 % conv. pfd. (s-a) __
Wentworth;Manufacturing, $1 conv.' pfd.__^

1

$1

Co.

Rubber

&

Union

'

Standard-Coosa-Thatcher,

9-30

Underwriter? Trust Co. (N. Y.)- (quar.)—_

10-15

u___

.

$1

$1

10-

.

5%
preferred (quar.)
Weeden & Co,^4% conv.

9-22

10-

10-15

—-

15c

United

5%

& Brps.

(irreg.)

1

Weber • Showcase

9-25

25c

:_

i_

Corp.

10-1

37 (4c

9-19

Gas & Electric—

(Dallas)

nn—.—

9-20

1

Holder*
whe*
Payable Of Rec.

Per

Share

Name op Company

9-30

10-

62 (4 c

(quar.)

10-15

(quar.)
:
:——
BJngiqnd Telephone
_
Railway Co., M. & O. stock (s-a >_
Southwest Natural Gas, $6 pfd. A (quar.)__

Quarterly '
Spqlding (A. G.)

$1.50 pfd.

10-15

62(40

—

Holdert

Pavaple of Rea.

$$1.75

—

(quar.)

When

Per

Share

pfd.-(quar.)

t$1.50

(quar.)

preferred (quar.)'
Southwestern Life Insurance

Co.

Underwood

New

Southwestern

Coach

'

\

Co.,'7%

prior' preferred -(quar.)

Twin

y-od

preferred

Southern
Southern

Tobacco

208 South LaSalle Street Corp.
Twin City Rapid TranS.it—
--

9-30

Power Co. /__£
Gas & Electric Co.—

Colorado

Name of Company

5%
37y2c

participating preferred

#%

9-30

270

Southern California Gas Co.—
6% preferred (quar.)
6'% preferred A (quar.)
Southern Canada Power Co.—
Southern
Southern

i

Tuckett

(Qalif.)--.
(quar.)__

preferred

original

4^.32%

.

• 1.

p.y

Holders

When

Per

1

>

V

Southern California Edison

Monday', September 29,

,,

■

f

10- 2

York County Gas

Co_--*-Definitive Bonds Ready—

bonds, series due 19*76, are available
delivery, in, exchange for temporary*bohds at, The' Chase National
Bank of the City of New York, 11 Broad St., New York, N».Y.—Vf, 1C4»
Definitive' first mortgage 3*/4%

for;

,,pi. 735.

"Bar:

-

..■•-•■'■-

Volume 166

Number 4633

THE COMMERCIAL ft FINANCIAL CHRONICLE

PROPOSALS AND NEGOTIATIONS

BOND
arizona

|

bridge
State

Bpnd ELecuon—The issuance of

(following
bonds,- totaling
.$190,000, will be submitted to the
voters for approval at

an

.

election

scheduled tor. Sept 30:
$100,000
pipeline construction; $40,000 air4
port improvements;
$35,000 sew-:
ers, and $15,000 street
equipment
and garage

bonds.

.

.

mentation.

$275,000

Offering—Sealed bids will
be received
by' the City Clerk un¬
til 2 p.m. on Oct. 9 lor
the pur¬
chase of $475,000

bonds,

'

>

•

.

as

•

bid different rates of interest and
to

bonds

of

the

The in¬

terest stated in the bid must be in
a

multiple of V4 of 1%. Principal
(M-N) payable at the
County Treasurer's office. These

and interest

aft

bonds

Oct. 24.

on

split rates irrespective

maturities of said bonds.

will

issue

of

part

are

of

authorized

an

$445,000.

The purchaser
accrued interest from

County, Bryant Sch. Dist. must pay
(P. O. Fresno), Calif.
\] the date of the bonds to the date

;

Not

Voted—At

tion

held on Aug.
12
$89,000 school; bonds
jected by the voters.

.

50,000 fire apparatus, bonds.

Fresno and

the bonds authorized
at the election held on
Aug. 12.
are

of

issue

an

of

-

elec¬

an

delivered

was

delivery.
at

bonds

the

be

can

will

office

County Treasurer

re¬

bonds

as

be
the

of

soon

the

as

prepared, which is

estimated to be about Nov. 1, 1947.
The bonds will be
approved as to

Kings County, Latonl

Joint School District

The

(P. U.

tion $1,000.

or

Nov.

nomination

Fresno

$225,000 swimming pool bonds. 1
200,000 fire station, construction

These

registered
1, 1947. De¬
Due on Nov.

coupon

Dated

Donds.

j

submitted to the voters at

be

election to be held

fol¬

.

*

:

construction

Bonds

bonds.

provement

Bond Election—The issuance of

Smith, Ark.

Bond

lows:

found

.

arkansas
Fort

have

Compton City Sch. Dist. (P. 0.\
Los Angeles), Los
Angeles
I
County, Calif,
!

|

,

which

local

$1,000.
1, as follows: $70,000 from 1948 tb
1951, incl., and $40,000 in 1952.
to be anticipated; but the need
fof Bidders must specify the rate of
some additional facilities has
long interest, which the bonds shall
since passed the stage of argu¬ bear. Bidders will be
permitted to

.the

•

plans
and

support. Since a"
great; many interests have to be
satisfied
by
the
plan
finally
agreed upon* no speedy action lis

.Flagstaff, Ariz.

.

51

(1299)

Due ort June

1 as fol¬

1948 to 1966

inch, and $89,000
inch*
1,982,000 airport bonds. Due seri¬
ally on Sept. 1, $78,000 from
1948 to 1966, inch, and $50,000
from 1967 to 1976, inch
1,215,000 library bonds. Due seri¬
ally on Sept. 1, $78,000 frqm
1948 to 1966, inch, and $36,000
from 1967 to 1976, incl.
576,000 auditorium bonds. Due
serially on Sept. 1, $24,000
from 1948 to 1966, inch, and
$12,000 from 1967 to 1976, incl.
500,000 sewer bonds. Due serially
on Sept. 1, $20,000 from
1948
to 1966, inch, and $12,000 frdm

lows:

$8,000 in 1948; $9,000 in
1949; $10,000 in 1950; $12,000 in
1951; $13,000 in 1952; $14,000 in
1953; $15,000 in 1954; $16,000 in
1955; $17,000 in 1956; $18,000 in
1957; $1-9,000 in-1958; $20,000 in
1959; $21,000 in 1960; $22,000 in
1961; $23,000 in 1962; $24,000 in
1963; $25,000 in 1964; $26,000 in
1965; $27,000 in 1966; $28,000 in
1967; $29,000 in 1968; $30,000 in
1969; $31,000 in 1970 and 1971;
$32,000 in 1972; $34,000 in 1973;
$35,000 in 1974; $36,000 in 1975;
$37,000 in 1976, and $38,000 in

from 1967 to 1976,

-

1977.

1967 to 1976, inch

The certificates

maturing in the
1977, inclusive, are
redeemable on June 1, 1957, or on
in

after

the

at

on

to

interest payment date there¬

any

their

inverse

numerical

250,000 park bonds. Due serially
on Sept. 1, $10,000 from
1948
to 1966, iricl., and $6,000 frdm

following percentages of
value, plus accrued in¬
102V2%

if

redeemed

1966, inch, and $6,000 from

.1967 to 1976 inch

order

par

terest:

y

fire bonds. Due serially
Sept. 1, $12,000 from 1948

288,000

1958 to

years

in

legality, by
Orrick,
Dahlquist,
Neff, Brown & Herrington, of San

,

City National Bank, of Fort Smith.

1967 to 197$ inch
1957; 102y4% if redeemed in 1953;
'
102% if redeemed in 1959; 101%%
193,000 garage bonds. Due seri¬
build¬
Francisco. A certified check for if redeemed in
ally on Sept. 1, $7,000 from
ing bonds offered on Sept. 15—V.
1960; 101V2% it
$5,000, payable
to
the
1948 to 1966, inch, and $6,000
County redeemed in 1961; 101%% if re¬
166, p. 1098—were purchased by
Treasurer, is required.
deemed in 1962; 101% if redeemed
from 1967 to 1976, incl.
the
Bank
of
America
,;i V
National
in 1963;, 100%% if redeemed in
Trust &
San Mateo
Savings Association, of
Dated
Sept. 1, 1946. Interest
County (P. O.
San
nl964; 100% % if redeemed in 1965; payable M-S. Denom. $1,000. Prin-i
Redwood City),' Calif
FrancisCo, as 3s, paying 5
100%,% if redeemed in 1963 and cipal and interest
Note Sale—The issue of
premium of $25.00, equal to 100.50.
payable at the
$1,000,Only other bidder was the Fresno 000 tax anticipation notes offered 100% if redeemed in 1967, or option of the holder, at the office
County
of the City Treasurer, Atlanta, or
Employees ' Retirement Sept. 23— v. 166, p. 1195 — was thereafter.
Ass'n for 3s, at par.
awarded to the- Bank of America
Principal and interest payable at the City's fiscal agent in New
at the Office of the City Treasurer, York
National Trust &
City. The purchaser mttst
Savings Associ¬
Lake County, Lower Lake
County
ation, of San Francisco, at 1 % in¬ or at the Chase National Bank, pay accrued interest from the date
Water District (P. O. Lakeport),
New York City, at the option of of the bonds to the
terest, plus a premium of $6,800.
date of de¬

Interest F-A.

■"' Bond

Izard

<

County (P. O. Melbourne),
■*

Ark.

Bond

'

Election—At

special

a

election

to be held on Oct. 11 the
voters will consider the authoriza¬
tion of an issue of

•

Sale

:

•

,

—

.

1

County Memo¬

rial

Fresno); Calif.
The $5,000

Bond

.

.

Hospital bonds.

.

Washington County, (P. O.

,

Fayetteville), Ark.
Bond

■

Sale—The

$300,000 2%%

interest hospital bonds offered oft
March 4 were purchased

by, the

Calif.

-

Election

An

—

The notes

issue

of

and

water bonds will be submitted for

california

•

the

.

authorization

at

•

an

held

issue

The present level of income will
be sufficient, if

on

of

bonds to

maintained, - to
remaining $8,008,000
sinking fund bonds by June 30,

Oct.

24

to

$275,000

their

ap¬

County Hospital Dist.
(P. O. San Rafael),
Calif.

i

Bond Election—The

produce

toward

their

$5

some

call.

bonds

tion to be held

million

Reserve

issuance of

ftbw

believed

Bond

ducted

extremely

March
the

tion

within

i:

•

standing.;

■,*■

as

bonds

are

a

under:

thorized. at

Seph 16.

Bay

1

out-;

(P. Oi\
Bond

■

some

San

,

■

imperative,

;

^

in

the
;

near

r ?5

The various plans differ

future

j-

an

pending

is

voters

the

Ventura

O.

Unioh

Salinas),

•,

election. held
s ).

4.

an

San

Scfu

held

on

construction

•-

Bend

election

coftstructiori

,^^Caiif:-^'-<^',^ ;;.vi

Election^^he issuance of

subrqitted to the voters.for

(P.

Calif.
—

Sept. 16
bonds

OJ

'

'

"

At the elec¬
an

issue of
not

was

au¬

delaware
'

1

Neuf Castle
''

1

County (P. O.
Wilmington), Del.

.

3 Bond Sale—The issue of
$46,000

iinprpvenient bonds offered Sept.
^/l6?! p. 1195—Was awarded
Ealrd,: Bissell & Meeds, of Wilr

ftttingtori/
1 100:045;

ap¬

l%s, at a price of
basis of about 1.369%..

as

a

r^he bonds

are

dated Oct

1, 1947
serially on Oct. 1 from
1967 incl; .Other bids (all

and mature
1949 to

'

$5,000,000 construction bonds will
be

Dist.

thorized by the voters.

''

Novembb^ arilissue

Bernardino);

of

County, Simi Valley

Bonds Not Voted

;

Sacranxenio), Calif ?'*

Election—At

will

on

'*

1

the

electiop

authorization

Ventura),
tion

Bernardino* Cityy and /High
School, Districts. (P. O.

„

makes"" relief

'

$150,000 construction bonds.

issuing

bonds will, be; subiftitted. for):
voters- approval.^...

■"v are already unavoidable. The
un-j
.mistakable growth trend on both
Francisco

of

$3,750,000 deep-water port; and

ji that traffic delays at Certain hours
entering i San

O.

Election—At

consider

'

Pajaro

terriiinaK facilities I;

(^,799 vehi-j

July, 1947y* is not excessive
; in
itself, ?it involves morning 'and;
*revening conimutntionrpehks such

bridges

aft

».-'y;

to -be held .in

cles in

that

An
con-^

—

be

Sacramento-Yolo Port District i

vr time.? Although? the
average daily
s«i load on the Bridge

■V

•

Calif.

'

v

of

,

District

(P.
Red Bluff), Calif.

.

Bonds Voted—An, issue of $225,r
000 construction bonds ^.was au¬

,'st\ ••'., . \
second crossing have
_■

School

•

construct

miles of the

to

matter

County,

di^cussiohR* for

/■ v;

Plans for

been

10

long

so

the

School District; (P.

(.

Bridge,

High

County, Red Bluff Union

Unified

Au-

forbids? such

in

Monterey

> tority to proceed with the con-'
struction of another span, across
•;vSan Francisco Bay. The present
indenture

scheduled

is

$400,000 water 'bonds.

free

1, 1950, in order to
California Toll- Bridge

elec¬

Sept. 30.

Martinez, Calif.
Election
Pending

election

likely that all outstanding debt of
the Bay Bridge will be called on
'

Tehama

Bond

!

.

is

an

on

'

funds

of at least $4 million will also be
available if the entire issue is retired at that time.

,It

on

unless

1947

for

l%s) Were: Farmers- Bank of

the

State 'of Delaware,
Wilmingr?
ton, 101.005; Laird & Co., 100.80;
Schmidt, Poole & Co., 100.686;

Francis L du Pont &

Co., 100.25r
widely proval at an election scheduled
in scope and! type,
Bonds Authorized
The Levy
ranging-in cost for. Oct.'23. :
from $91 million to $231 million.
'Court'Commissioners are reported
San Joaquin County,
Van Allen to
have authorized an issue of
Vr^The later figure covers, not a sec-;
School District ~(P.' O.
;»
ond bridge, but a combined tube
$50,000 County Airport bonds.
r..v.c»v», £t*6cktonfc. Calif.
.Si
1
* L
\ and causeway plan which would
Bonds Not Voted—The
$150,000
FLORIDA
eventually
main-line construction bonds
bring
weTtevn.ot au4
passenger trains into San Franthorized at the Sept. 3 electibn>
Ocala, Fla.
r
cisco. The train installation, whichi
Certificate Offering—H. C. SisSan Mateo County (P. O.
would in itself cost an estimated
trunk, City Clerk, will receive
/
Redwood City), Calif.
$97 million, could be withheld for
sealed bids
—

•

■

,

Polk

"

■

'j.

J./t

t-

re¬

vtures. The latter plan has recently ceive sealed bids until; 1|, a.m.;
been endorsed by Army and Navy (PST) on-Oct. 7, for 'the purchaseofficials, •' as .against
duplicate of $320,000 not to exceed 6% im¬

;;




Bond

•

■

tion

Twp. (P. O. Ashton),
Voted^-At

the

voters

a

are

recent

said

ili.

elec¬

to

haye

approved

»

Districts

the issuance'of $30,000
improvement bonds.

road

(P. O. Bartow), Flay,

Chicago, III.

Bonds Voted—At a recent elec¬
Bond

to

the

issuance

to

of the following

be

Election—At

held

an

in November

election
the

fal¬

bonds, totaling $750,000: $600,000

lowing bonds will be submitted .to

Lakeland Sch. Dist., and $150,000

the voters:

Kathleen-Winston

Dist;

School

'"r ■'

$15,000,000 slum clearance bonds.
15,000,000 re-housing bonds.
'r
6,000,000 voting machine bonds.

bonds.

^

Special Tax School.
District No. IB (P. O.
Chicago, III.
Bartow), Fla.'
>
Warrants Called —C. J. Whip¬
Bond Offering—F. E. Brigham,
ple, President of Board of EdiiSuperintendent Board of Public cation calls for payment on Sep¬
Instruction, will receive sealed tember 19, the following Board of
Polk County

<

until 11 a.m. on Oct. 23 for Education Tax
Anticipation war¬
purchase of $90,000 not to ex¬ rants:
K
ceed 3%
interest' school bonds.
Building
Fund,
193T,
N 0 s.
Dated Oct.. 1, 1947. Interest A-O. B-102223 to
B-102232, dated Nov.
Denomination $1,000., Due $5,000
23, 1934.
^
on Oct. 1 from 1950 to 1967 inch,
Building
Fund,
1933,
Nos.
optional Oct. 1, 1957, or on any B-15763 to ; B-15765, dated April
interest payment date thereafter, 12,1935.
;
at par and accrued interest These
Building Fund, 1934, No. B-7041,
bonds were authorized at an elec¬ dated Oct.
7, 1935.
tion held on Sept. 9; Principal and
Playground
Fund,
1933,
No.
interest
payable
at
the Chase P-2325, dated Jan. 28, 1935.
National Bank, New York City.
Educational
Fund,
1946, Nos.
Bidders shall state in their bids E-1628 to
E-2003, dated Oct. 15
the rate
of interest the
bonds and Nov.
15, 1946.
•
should bear; The bonds will be is¬
Building
Fund,
1946,
Nos.
sued- subject
to ■)} the; approving iB-5501 to B-6120, dated July 18
opinion of Chapman "& Cutler of and 22, 1946.
•
Chicago. A. certified check for 2%
Playground Fund,
1946,
Nos.
of the amount of bonds, payable EP-361
to P-368,
dated July 22,
to the Board of Education, is re¬
1946.
quited. i *
;
Free
Text
Book
Fund,
1946,
bids

the

''

.

•

GEORGIA

Nos.

Bond

Offering

—

B.

Graham

T-587

to

dated

July

Holders of these warrants

were

22,

Atlanta, Ga.

T-599,

1946.

•,

^

Au¬

Ashton

A

payable

tion the voters gave their approvar

4

v'

and

'

County School

,

anany years, leaving a cost of $134
Bond Offering — W.' H..
V million for the basic traffic struc- gustus, County Clerk, will

time

another

.place is mutually agreed upon.

Sept. 16 the police sta
tion, fire station, recreation build¬
ing and equipment bonds aggre¬
gating $365,000 were authorized.

Marin

submitted to the voters at

should

,

.

held

final

term

>

will

to

'

election

an

as

^certified check for $14,000
South San Francisco, Calif.
Bonds Voted —At an election to the City, is required.

$1,750,000 hospital bonds'will be

of

-

mitted to the voters at
to be held on Oct. 7.

an

$26,190,000 will be outstanding;
Heceipts to that date from the
retirement

(P. O. San Jose),

cant.

certificates

livery. The approving opinion. ;of
Spalding, Sibley, Troutman and
Kelley of Atlanta, and Reed, Hoyt
and Washburn, of New York City,
will be furnished by the City, A
certified check for $307,080, pay¬
are
desired on forms which will able to the
City of Atlanta, is re¬
be furnished by the City.
Deliv¬ quired.
ery will be made at the office of
>
the City Treasurer on Oct.
Illinois
31,
u ; ,

Valley Water Cohser.

The

legality by
Caldwell, Marshall, Trimble
&
Mitchell, of New York City, whose
opinion will be delivered to the
purchaser without charge.
Bids

Bond. Election—An issue of
$2,500,000 water bonds will be sub¬

\

submit

;

.

approved

1

1949. Serial bonds are not callable
until March
1,1950, at which time

•

.S;-

holder.

be

Only

1947.

submitted for the is¬

vation District

proval.

the

22,

!

Santa Clara

-;

construction

the voters for

the

dated Sept. 10, 1947

Dec.

•

"V"".'"

■

.

Bond Election—An election will

;

be

follows:

was

sue.

oft Oct. 14.

■■■■?.

1

Calif ."*

concerning the above Authority's
holdings,, Heller, Bruce & Co.' re-j

retire

''

County, Paramount
Elementary School District»,
(P. O. Los Angeles),

Franc ise o-Oakland
Bay
Bridge Debt—In a brochure pre
pared
on
current
developments

as

'•

bid

pne

Los Angeles

San

port in part

voters'

election to be held

California Toll Bridge
Authority
Early Retirement Foreseen on

are

mature

West, City
ceive

Comptroller, will

sealed

bids

until

12

re¬

required

to

present them

to the

noon

Board of Education, City of Chi(EST), on Oct. 7, for the purchase
Of $15,354,000 iy2 % interest bonds, icago, Room 356-228 North LeSallo
divided as follows:
Street, on or before Sept. 18, 1947,

until 3 p.m. on Oct. 14 $7,750,000 school bonds. Due seri- ,in order that same might be veri¬
the purchase of $700,000 not i
ally $310,000 on Sept. 1 from fied and interest computed so that J
to exceed 3% % interest water and
1948 to 1966 inch, and $186,-

for

sewer

tered
1947.

cash warrants drawn

,

revenue

coupon

certificates.
Interest

or

Dated

J-D.

regis¬
1,

June

Denomina¬

000 from 1967 to 1976, inch
2,600.000 traffic bonds. Due seri¬
ally on Sept. 1, $90,000 from

on

the

City

^

Treasurer may be issued
mont thf»rpr»f

in pay-

rx

52

THE

(1300)

Cook

2i/2s from 2.10%

County Sch. Dist. No. 110
O. Chicago 38), III.

reference to the

(P.

Bends

Not

Sold—No bids

writers

were

received for the $500,000 building
bonds offered on Sept 15—v.
166,

1099.

p.

The bonds

dated

are

Bond

Sale—The
road

Bank

merce

Louis,

paying

Trust

dated

Sept.

This

was

The

bonds

14,

1947,

bonds

is

interest

Co.,

are

Bank

of

ex¬

Authorized

■

The

~

\

;;

$650,000

water

•

Bonds Voted—At

tion

the

suance

bonds,

voters

of

;

7

■

Terril, Iowa

Offering

that

G. Untiedt,

E.

—

$30,000 water
to

the

is¬

revenue

j

report.

approved the issuance of

works and fire station bonds.

nomination

$1,000.
period of 16

date of issue.

Due
years

The date of issuance

said bonds and the rate of in¬

of

received.

of said bonds
Town

Clerk.

The maturity dates
on file with the

are

These

authorized at

bonds

Bonner

Voted—The

a

Bond

Sale

Details—In

connec¬

$111,000

Dated Oct.

for $27,000 as

July 1, 1948 and $500
and July 1 from 1949

our

1957 inclusive.
'

be in
not

multiples of -y4 of 1 %, and

more

named
^

Rate of interest to

than

rate-shall

one

by each

bidder.

The

proving opinion of Ross, McCord.
Tee & Miller. of
Indianapolis, will
be furnished* 1A certified check
for $500 payable to the1 School

.

>

"Township, is required.
Terre

Haute Park

-

,?.

;
v

$200,000

park improvement bonds was purchased on -Sept. 23 by the Northern Trust Co.. of Chicago, and the

Indianapolis Bond
-

-'

District; Ind.

Bond Sale—An issue of

of Indianapolis,

100.781,..
bonds

Share Corp.,
as iy4s, at
1.11%. The

>jointlyv

basis

a

are

^ $20,000

of

dated Oct. 1, 1947.

13/4s,

op.

Jan.

1958. inclusive.;

1

from

learn
at

sold
of

that

100.03,

1.727%.

a

the

bonds

were

net interest cost

The7bonds

due

are

serially from 1948 to 1959 incl.

Holyrood),Kan.
Bonds Voted—At
tion

the

voters

a

recent elec¬

said

are

to

have

approved the issuance of $120,000
school bonds,
'7 7',..'7
1
Lcoville

School

District

(P.

O.

Leoville), Kan.
Bonds

Voted—The

$45,000. construction,
approved
cent

?

.

issuance
bonds

by the voters at

of

was

a

re¬

election.

Plains
-

School
v

District

Plains), Kan.

(P. O.

Indianapolis.
offered

,

The

the

bonds

purchasers
at

prices

University
T(P. O. Blocmington), Ind.
Publicly Offered—A syn¬
City Secu¬

dicate composed of the
rities
Corp.,

Raffensperger,

Hughes &

Co., Inc., Kiser, Cohn
& Shumaker, Inc., all of Indiana¬
polis, and Slade & McLeish, of

1947.

Bonds Voted—It is reported that

Rawlins
,

'

.

Bond
that

an

County

,

.

.

(P.

Kansas

O.

...

a

t

.

,<5>

serially,
$39,000
1, 1943 to
1959, incl., and $120,000 3% bonds
from July 1, 1949 to 1970, incl.
Prin. and int. (J-J) payable at the
Southern Deposit Bank, Russell¬
ville. Registerable as to principal
only. These bonds are offered on
when

a

r* W-

and if

bpsis, subject to
the approving opinion of Chap¬
man^ Cutler, of Chicago.
The $39,000
4 y4%
bonds due
July 1, 1948 to 1959, inclusive are
as

and

3%

bonds

Election —It

is
be

will

held

op

Sept. 30, to have the voters pass
on
the issuance of $50,000 addi¬
tional County Hospital bonds. (An
issue of $150,000 bonds for the
same

approved
cently by the voters.)
purpose

was

re¬

1967

will

Kan.

incl.

also

The

bear

entire

f

1%

on

after July

or

1;,
y4
fraction

100 plus a premium of

for

each

year, or

Jefferson

a

Bond

Water

Offering—O.

wold,

Secretary,
missioners,
will
bids until 10
the

exceed

4%

1947.

authorized

of

B.

The

the

at

fied

check

be

held

Nov.

on

Bonds Voted—At
the

voters

Rayne, La.

.

bonds.

'

,

'

voters

bonds, to White, Hattier
Sahford, of New Orleans,
at a net interest cost of 2.83%*
Due
serially from
1949
to
1977, inclusive.
nue

a

2.438%.

Bond

dated Nov.

in

The

1, 1946.

bonds

are

Interest pay¬

Due Nov. 1

as

follows:

The

$55,000 park bonds are due
serially from 1949 to 1972, in¬

L.

2.345%.

1953 to

Denomination
able

reve-

as

'

f

•

couoon

Nov. -1,' 1947.
follows: $400,^

1955, incl.

$1,000,

RegisterPrinci¬

to principal only.

as

pal and interest payable in Baltic
more.
Bidders
are
required to
in their bids the rate of in¬

name

terest

be

to

paid on the bonds.
be a multiple of
Separate bids will be
received for each loan, and shall

The

rate

must

Vs of

1%.

name

but

one

rate of interest for

bonds, were sold to a
each loan. Bids will ;be received
syndicate composed of the
for the whole or any part of the
Equitable
Securities
Corp.; amount offered.; i No bid of less
Newman, Brown & Co., Kingsthan par and accrued interest will
bury & Alvis, and Glas & Co.,
be considered. The bonds will be
all of New Orleans, at a net
sold
subject to the approving
interest'cost of

on

Co., Almstedt Bros., W.
Lyons & Co., and Stein Bros.
& Boyce, all of
Louisville, as 2%s.
at a price of 102.00, a basis of

000 in

900

Dated

Due Nov. 1, as

port

(P. O. Bowling

syndicate composed of the Bank¬

-r-

p.

follows:

85,000 bonds, made up of $55,000
park bonds and $30,000 air¬

...

Green), Ky.,

$24,000

as

follows!
1957,
1962,
from. 1903 to
1,

$100*000
incl.
v
1,200,000 . sixttr school
.

Sept. 1—v. 166,

1947,

1,

1967,

.

.

„

&.

election

building revenue bonds offered
Sept. 19, were purchased by

,

Sale-—The $325,000 bonds

$240,000 water and electric

Bond Sale—The $218,000 school

about

!

Nov.

and

have

"

sewer

Warren County,

ers

to

of $20,000

on

coupon

Nov.

$75,000 from 1953 to
$125,000 from 1958 to

recent elec¬

said

Dated

bonds..
;

Bond

will consider the authorization of

$17,000

a

are

swimming pool bonds.

,

the

4

Due
V

^

n

recreation

bonds.

-

\

follows:

1957, and $225,000 from 1958

for $2,500,

,

as

to 1962, incl.

1,500,000

payable to
the District, is required.

..

an

8

opinion

Ponchatoula, La.

■

(

Campbell, of New Or¬
leans, will be furnished. A certi¬

on

Election—At

Sept.

15,

*

coupon
15, 1947.

Aug.

2,000,000 school equipment cou¬
pon
bonds.
Dated Nov.
1,
1947.
Due on Nov. 1, as fol¬
lows: $175,000 from 1953
to

A.

sold

Bond

Oct.

1, from 1948
They are the

approving

Aug.

on

■

,

school

Dated

2,500,000 stadium coupon bonds.
Dated Nov. 1, 1947.
Due on
Nov. 1, as follows: $100,000
from 1953 to 1962, and $150,000 from 1963 to 1972, incl.

im¬
1,

public

follows:
to, 195.7,
to 1967,
1968 to

as

$750,000 in 1956 to 1959, incl.

Denomination

Oct.

inclusive.

1967,

bonds

election.

Due

14, for
not to

Dated

Interest A-O.
on

Barne-

Oct.

on

1,

Nov.

fifth

3,000,000

coupon
1, 1947*

Nov.

Dated

on

bonds.

$112,000

interest

$1,000. Due
to

of

bonds.

provement

offered

<

Works

A.

^

seventh* sewer

$100,000 from 1953
$200,000' from 1958
and
$250,000 from
1977, incl.

Board of Com¬
receive
sealed

a.m.

purchase

-i-were

4

Due

1%

as

1953 to ,1957,
1958 to 1962,
from 1963 to

incl. ,;X'l

bonds.

Marrero), La.

With

numbering.

of

1,

from
from

$600,000

5,000,000

coupon

coupon

Parish

turity date of the respective bonds
maximum call, premium of
3%, "in inverse order of : their

and

1967,

District No. 3 (P. O.

hereof to elapse between the re¬
demption date and the stated mar
a

-

coupon
1947»
follows:
1,

Nov.

1

Nov.

on

$200,000
$400,000

from date of issue to Sept. 1, 1948.

approved the issuance

1948 at

able M-N.

Stockton,

Bond Election—The issuance of

Sept.

on

Dated

bonds.
Due

airport

sixth

$6,000,000

$11,000 in
2y4s; $47,000
1,' $11,000 in

tion

,

-

to

ma¬

(EST),

for the purchase of $21,200,000 bonds divided as follows:
Oct. 1,

1958;
as

payment date

Atwood),
reported

and

1960,

turing July 1, 1949 to 1970. Jnclusive, are subject to redemption
prior to maturity on any interest

1960; $31,000 in 1961
and 1962; $32,000 in .1963; $33,000
Evansville. made public
offering $77,000 water softener and treat¬ in 1964 and
1965, and $34,000 in
on
Sept, 25 of $6,500,000 student ment plant bonds will be consid¬
1966. The county will furnish the
dormitorv first mortgage bonds of ered by the voters at an election
approving
opinion
of
Skaggs,
1947, as follows:
to be held on Oct. 7.
Hays & Fahey,of Louisville, to
$2,500,000 2y4% bonds. Due Nov. Sylvan Grove
School District, Kan. the purchaser without cost.
1, as follows: $100,000 from
Bonds Not Voted—At an elec¬
1951 to 1953 incl.; $200,000 in tion
louisiana
held recently an; issue of
1954 and 1955;
$300,000, 1956; $216,000 construction bonds was
East Baton Rouge Parish (P. O.
$350,000 in 1957 and 1958, and not authorized
by the voters.
Baton Rouge), La.
■-77,
$400,000 in 1959 and 1960.
!
Bonds Not Sold—The only bid
4.000,000 2 y>% bonds. Due Nov.
kentucky
received for the $3,925,000 sewer
1. as follows: $425,000 from
Kentucky Military Department j district bonds offered Sept. 18—
1961 to 1967 incl.; $475,000 in
v.
Armory Corp. (P. O.
f
166, p. 899—was submitted by
1968, and $550,000 in 1969.'
Frankfort), Ky.
' a syndicate composed of Walter;
All of the bonds are dated Oct.
Bond Sale—The $250,000 3y2%
Woody & Heimerdinger, ProvL
1*
1947.
Principal and interest first mortgage bonds offered
Sept. dent Savings Bank; & Trust Co.,
(M-N) payable at the Indiana Na- 22 were purchased
by a syndicate Weilt Roth & Irving Co., Seasontional
Bank
of • Indianapolis. composed
of;the Bankers Bond good & Mayer, Fax, Reusch & Co.j
Legality a p proved by Ross, Co., Almstedt Bros., Stein Bros. & all of
Cincinnati,... A; M. SmithMcCord, Ice & Miller of Indiana¬ Boyce, all oft Louisville; W. C
] Wood Co~7t."j. Fiebleman &"Coj
polis. <•' The underwriters, in re- Thornburgh & Co., of Cincinnati-»D'Antoni "&
Co.,; Ernest M. Loeb
offering the bonds, ■ priced- the .O'Neal, Alden & Co., of Louisx^Go., all of New •
Orleans, Corn^
2%s' to yield from 1.20% to 2%, ville; Russell & Long, of
L.exirigT merce Umon Bank, of Nashvillei
according to maturity, and the iton;X W^ter,
Weod^ .;^ Reimer- Kalmam & Co., of St.: Paul, and1



»

,

receive

City Treasurer,, will
bids
until noon

her,

1961; $12,000 from 1962 to 1964
incl.; as 2V2S, and $39,000 matur¬
ing on Sept, 1, $13,000 from 1965

Due

-

.

election

1957

and

maturing

bonds from July

-

;

on

system
!
i

cessful bidders for general invest¬
ment. Denom. $1,000. Dated July

to

the voters ratified the issuance of

to

Trustees of Indiana

Bonds

election

sewer

-

in

1959

.

re-

yield from 0.70 to 1.15%, according to maturity.

'

000

the

Bros., and the Bankers
Co., all of Louisville, joint¬
ly, are being offered by the suc¬

j

■-

v

.

/

to

Seneca Vista (P.O. Louisville), Ky

City Treasurer. Legality approved $125,000 improvement bonds at
recent election.
7':
r
by Ross, McCord, Ice & Miller, of

.

general

$460,000

non-callable

Holyrood School District (P. O.

to

Principal and in-

to

interest

—we

:

1949

bonds

Co!, of Wichita,
l%s, and $84,000 as

A-O., reported in
Sept. 15 issue—v. 166, p. 1099

Due

terest payable at the office of the

-

>

improvement

the Dunne-Israel

,

7

■

be
ap-

recent

tion with the sale of the

bonds.

to

a

submit

Russellville, Ky.

1,

hospital

on

ap¬

Columbus, Kan.

sealed bids until 4 p.m., Oct. 3 for
the pu^base of
$9,000 not to ex¬
ceed 4 Vi % interest sch.

1

4,

to

bond issue.

4y4%

Bond

Offering-—Leland Arend,
Township
Trustee, will receive

of

was

Township School Township,
election.
(P. O. Eminence), Ind.

1, 1947. Inter¬
Denomination $500. Due

Nov.

the

at

pre¬

on

Bond

issuance

bonds

proved by the voters at

building

City Council is said to have
adopted a resolution calling for
ordinance

a

Sept. 1, $8,000 in 1949, and 1950;
$9,000 from 1951 to 1954 incl.,
$10,000 in 1955 and 1956," as 2s;
$42,000 maturing on Sept.. 1, $10,*

—

The

an

sold-for

were

of $10.00, equal to 100.005,
follows: $72,000 maturing on

'

'

_

sealed

Almstedt

Springs, Kan.

reservoir

$90,000

Adams

Contemplated

bonds

•

Offering—John J. Ghing-

Bond

as

Richmond, Ky.

voters

maryland
Baltimore, Md.

...

900—we learn that

p.

$3,-*
and

$4,000 from 1958 to 1962 inch
Legality
approved -by Verrill,
Dana, Walker, Philbrick & Whitehouse, of Portland.
♦

mium

i

,

were

kansas

'

INDIANA

the

general

;

•

Election

Bond

election held on

an

November
v

166,

sue—v.

Bonds Offered to Public —The
May 28.
A certified check for
revenue
$500, payable to the Town Clerk, $159,000 coupon sewer
bonds that were
is required.
purchased re¬
<
cently by Stein Bros. & Boyce,

Bonds

Jan.

the
■; -

De¬

serially
from the

$35,000

road bonds.

on

$400,000 municipal airport
bond issue will be placed on the

will receive; sealed ballot at
until i p.m. on Oct. election.
6 for the purchase of $14,000 water

from

& Smith, of New Or¬
leans, at a net interest cost of
2.52%, reported in our Sept 1 is-*

reported

the York
The bonds

15,■ 1947. Due
1948 to 1957 incl.,

dated Aug;

Baudean

is

a

Clerk,

over a

It

Sale

improvement bonds to a
syndicate ..headed
by
Nusloch,

Owenshoro, Ky.
—

O.

(P.

2

Marrero), La.
Bond

of Louisville.

Election

No.

at par, by
National Bank, of Saco.
purchased

000

$200,000

;

-

District

construction bonds was

2% sewer

are

public

are

Tuscola Twp. (P. O.
Tuscola), III.
Bonds Voted—-At a recent elec¬
tion the voters are said to have

$500

notice

Water Works

proving opinion of Stites & Stites,

tax."

Town

recent elec¬

a

approved

according

est J-J.

published

Jefferson Parish

connec¬

Bond

Rosiclare, III.
.

interest payment date on 30 days'

Orchard, Me.
Bond Sale—An issue of $50,000
Old

have

to

any

Bond

Citiy

'

said

1, 1947.
Due on April 1,
approved the issuance of $875,000
Subject to redemption prior
power plant revenue bonds by a
to maturity in whole or in part;
wide margin.
in inverse numerical order on

iowa

revenue

>/.. 7

maine

recent elec¬

a

are

1972.

and open bids

III.

voters

Details—In

terest to be determined after bids

?•

April

the

tion with the sale of the

*

Council is said to have passed an
ordinance
authorizing the issu¬

■

tion

by payment of
principal
and
accrued
interest,
plus a premium of 4%. The cor¬
poration will furnish the legal ap¬

ance

Monmouth.

Rock Island.

of

are

$8,000 in 1957.
Interest A-O.

Houma, La.
Bonds Voted—At

dated

are

1,

tional

bonds.

bonds

104.00, a basis
only bid for

at

Indiana* except the state inherit¬

102.411,

terest

ance

on

Corp.,

issue.

and all other taxes in the State of

Principal and annual in(Jan.) payable at the Na¬

Bond

interest

the

exempt from fed¬

these

all incl.

.

of

empt, under existing laws, regula¬
tions and rulings-, from the in¬
tangibles tax, gross income tax,

of St.

The bonds

of

1947. Due Jan. 1,
$7,000 from 1950 to
1953, and $8,000 from 1954 to 1959,

•

date

ion of counsel, the principal $nd

follows:

as

under

and

inclusive,

1956

to

1954

dinger, Pohl & Co., Hill & Co., McDougal & Condon, of Chicago.
Weil, Roth & Irving Co., all of The offer,
specifying
a
3y4%
Cincinnati, and the Equitable Se¬ rate, was rejected.
of 3.261%.

Revenue

eral income tax, and in the opin¬

price of

a

basis of 1.375%.

a

v.

&

the

"In

the

these

bonds offered Sept. 22, were purchased
by the Mercantile-Com¬

•

follows;

as

curities

March

$76,000 1%%
bridge'funds

and

With

29, 1947

Monday,- Ssptember

FINANCIAL-CHRONICLE

ternal

Aug.

Monmouth, III.
mtefest

2.50%.

to

bonds, the under¬

&

opinio* of counsel, based on the
ruling of the Commissioner of In¬

1, 1947. Interest J-D. Due serial¬
ly from 1950 to 1966 incl.

V

state

COMMERCIAL

clusive, and the $30,000 air¬
port bonds are due from 1949
to 1962, inclusive.
The bonds are dated Oct. 1,1947.
Interest A-O. The unqualified ap¬

opinion of Chapman &
Cutler, of Chicago, to be furnished
by the town.
'
\
proving

opinion

of, Wood,

King & Daw¬
City, the cost
.; paid
by the
Mayor and City Council. A certi¬
of New York

son,

of

which' will

be

fied check for 2% of the par value
the
bonds,
payable
to
the

of

Mayor

and
required.

the

City

Council,

is

Massachusetts!

:i

,

Dcdhzm,, Mass.

<

Webster

;

Parish

School Districts

'

(P. O. Minder), La.
Bond

Sale—The

offered

on

—were

sold

$144,000 bonds

Sept. 15—v. 166, p, 1099
as

{

t

i

Note Sale — The coupon notes
aggregating $85,000, offeired ;fob
sale on Sept. 23wv.
168, p. llOe-^

awarded-to

were

the

Norfolk

follows:

County Trust Co.,_of Dedtiami, .as
$80,000 Cotton Valley School Dis* Is, at a price of 100.469, a basis of
trict No, 12, sold to the Peo¬ about ' 0.83%.
The : notes 'are
ples Bank & Trust Co.,. of divided as follows: $71,000 i street
/
Minder, as iy4s, paying a pre¬ construction, ; and $14,000 street
mium of $25, equal to 100.031, construction.
Dated Oct. 1, 1947.
-

•

.

='
Due on Oct. 1, in 1948 to 1952. In^
Sarepta School District terest payable: A-O. Runner-up in
No. 35, sold to Weil & Co.. the bidding was
Whiting, Weeks
and Scharff & Jones, both of & StUbbs;
offering 100.234 fbr'Is.
New Orleans, jointly, paying
;
Hamilton^Mass., Z ',.
1a
premium of $15 equal-to

a

basis of 1.239%.

64,000
-

-•

-

,

;;
r

-

w

,

100.023, a net interest cost of
1.905%, as follows: for $35,000 l%s, maturing $7,000 on
Oct. 15, from 1949 to 1953 inElusive; -and $29,000 2s, ma~

turingJ$7,000

Oct.

15,

from

Bond; Sale—The

v

$33,000 water

offered Sept: 22—v, 166, p,
1196
»«v

—

were

purchased by •; R„ L,

& C0., pf Boston, as

100.63* Va-* basis oi
The bonds'

are

about

dated Oct.

134^ at
,

h 155 %;

1, 1947*.

'Volume -166

interest

A-O.

THE.

Number; 4633
Due

serially from

1948 to 1962 incl. The next highest

bidder

—

An issue of

Street construction notes

of

Boston, as
IV4S, at
basis of about 1.16%.
are dated Oct, 1, 1947.
Due on Oct. 1, as follows: $8,000
from
1948
to
1952, and $7,000
from 1953- to 1957, incl. Runnerup in the bidding was Tyler &
Co., offering 100.379 for iy4s. The
a

The notes

Second

National

Bank

of Boston

followed, offering 100.31 for l%s.
Bond

Sale-—-The

$350,000 vet¬
housing bonds Offered on
Sept,25 were purchased by the
Harris Trust & Savings Bank, of
Chicago, as l^s, at; 101.389, a
basis of 1,349%. The bonds are
dated Oct.: 1, 1947. Interest A-O.
Due on Oct. 1, as follows: $18,000
from 1948 to 1957: inclusive, and
$17,000 from 1958 to
1967 in¬
clusive.
Principal and interest
payable at the First National Bank
of Boston, or at the office of the
City Treasurer.'The favorable
'opinion of Storey, Thorndike,
Palmer & Dodge, of Boston, ap¬
proving the legality Of this issue
,to
be furnished the purchaser
without charge. The second high¬
est bidder was the. First National
erans

,

.

"Bank, Boston, for D/fcs, at 101.29.
(P. O.
East Cambridge), Mass,
Note Offering — Charles P,
Middlesex

;;

,'

Howard,

County

County

will

Treasurer,

receive sealed bids until

11

a.m

Sept. 30, for the purchase at
discount of
$350,000 temporary
.loan notes.
Dated Oct. 3, 1947.
on

Due April 14, 1948. Denomination
to suit the purchaser, but no note
will be smaller than $10,000,

The
their
by
Storey," Thorndike,
palmer & Dodge, of Boston* whose
opinion will be furnished to the
purchaser. The notes will be de¬
livered on or about Oct. 3, at the
notes will be approved as to

legality

.

Second N ational Bank of Boston,

against payment in Boston funds,
and will be payable at maturity
at

the

above bank

or

the

Chase

Rational Bank, New York City.
*

Mystic River Bridge Authority,
Mass.
4

.

$27,000,000 Bond Offering Plan¬

by the
Moseley
Co., and Tripp & Co., all of New
York, is scheduled to make public
offering on Oct. 1 of an issue of
ned—A syndicate managed

First Boston Corp., F. S.
&

$27,000,000 bridge revenue bonds.The

issue

Will be dated

1947 and mature on March

Sept.

1,

1,1980.

Proceeds of the loan will be used
in the construction Of a new highlevel

bridge

Kiver

between

town

across

an

the

Mystic

cities of Charles-

apd Chealsea, Mass.
Walpole, Mass.

bon

school bonds
postponed from Sept. 22 until

Was

Townships Oct. 22, The bonds are dated Oct.
Consolidated School District
1, 1947. Denomination $1,000. Due
(P. O. Gaines), Mich.
April l,r as follows: $3,000 from
Bond Election—An issue of $75,- 1948 to 1952, and $5,000 from 1953
000 gymnasium construction bonds to 1971, incl.
Bids are to be in
was
voted at a special election even multiples of Vs of 1%. Prin¬
held on Sept. 20.
cipal and interest payable at a
place to be designated by the pur¬
Fruilport Twp. Sch. Dist. No: 5
chaser, subject to approval of the
(P. O, Muskegon R. R. No. 6),
Mayor and the Board of CouncilMich.
Gaines

Bond

and

Argentina

school
bonds offered Sept. 22,
were
purchased by S. R. Liv¬
ingston & Co., of Detroit, as 2s,
paying a price of 100.062, a, basis
L975%.

The bonds

dated Aug. 1, 1947.

are

the bonds author¬

ized at the election held

The

5.

will

district

on

Aug.

furnish

the

egal opinion of Charles & Trauernicht, of St. Louis; and will pay
for tbe printing of the bonds. A
certified check for $2,200, payable
to the District, is required. /

are

Due $8,000

These

men.

Sale—The $40,000

of about

on

Nov.

15, from 1948 to 1952, incl.
Principal
and
interest
(M-N)

Brookhaven, Miss.
Bond

payable at the Hackley Union Na¬
Bank, Muskegon.

tional

to be

Election—At

held

on

Oct.

an

election

13 the voters

will consider the authorization of

Marine City and

Cottreville
the following bonds:
Township Frac. Sch. Dist.
$495,000 school bonds.
No. 1, Mich.
150,000 water works and sewage
Bond Sale
The $38,000 school
system revenue bonds.
bonds offered on Sept. 22—v. 168,
150,000 water works and sewage
p. 1196—were purchased by H. V.
system" general obligation
Sattley & Co., of Detroit, as IV4S,
•'
bonds.
paying a premium of $3.80, equal
to 100.01, a basis of 1.246%.
The
Ripley, Miss.
bands are dated June 1,
1947.
Bond Sale Details—In connec¬
Interest J-D.
Due serially from tion with the sale of the
$30,000
—

1948 to
ond

inclusive.

1952

highest bidder

ald-Moore

&

Co.,

The

sec¬

was

iy2s,

water works and sanitary sewer
improvement bonds to the Peoples
Bank of Ripley, reported, in our
Sept. 8 issue—v. 166, p. 998—we

McDon¬

for

at

100.03.

Michigan (State of)
Call
State Highway
Commissioner Charles M. Ziegler
reports that
various State
of
Michigan
(Lansing,
Mich.),
Assessment County and Township
District
Highway -Improvement
refunding bonds, totaling $174,000,
are called for payment on Nov. 1
at par and accrued interest. These
bonds, with all coupons appurte¬
nant thereto, should be presented
to the paying agent as specified in
Bond

now

learn

sold

as

that

follows:

the

bonds

were

maturing
$1,000 on June 1 from 1948 to
1952 as 2s; $5,000 maturing June
1; $1,500 from 1953 to 1955 and
$500 in 1956 as 2%-s; $4,500 matur¬
ing June. 1; $1,500 in 1957 and
1958 and $500 in 1959 as 2%s;
$10,500 maturing June 4; $1,000
in 1959, $1,500 from; 1960 to 1962,
and $1,000 from 1963 to 1967, incl.,
as
2%s;
and
$5,000
maturing
$1,000 June 1 from 1968 to 1972 as
3s. The * bonds are dated June 1,
Nov. 1,
interest 1947. Interest J-D. Legality ap¬
proved by Charles &Trauernicht,

—

^

opening of

the

NEBRASKA
*

$5,000

"

Crete, Neb.
Bond Sale—An issue of $110,000
hospital construction bonds was
purchased
recently
by
the
WachOb-Bender Corp., of Omaha,

l%s.

as

Bonds

elec¬

Sept. 9 an issue of

on

$65,000 park improvement bonds
did not carry.
"

Oakland Schoot District, Neb.
Bond Sale—An is3ue of

construction

bonds

$185,000
sold

was

phia Nat'l Bank, of .Philadelphia,
Bramhall, Barbour & Co., of New
York, Julius A. Rlppel, Incy of
Newark, and Bartow Leed 3 Co.; of
New York, purchased $2,631,000
as
1.70s, at 100.156, a basis of
1.629%. The bonds

are

dated Oct.

1, 1947. Interest A-O.
Due seri¬
ally from 1948 to 1967 inclusive.
The approving opinion 01 Wood,
King & Dawson, to be furnished
the purchaser.

Hawthorne, N. A

North Platte, Neb,.
Not Voted—At an

tion held

53

re¬

cently to the Robt. E. Schweser
Co., of Omaha/as follows: $30,000
maturing on Sept, 1, $7,000 in 1949
and 1950, $8,000 in 1951 and 1952,
as l%s; $42,000 maturing Sept. 1,
$8,000 in 1953 to 1955, $9,000 in
1956 and 1957, as l%s; $47,000 ma¬
turing Sept. 1, $9,000 from 1950 to
1960, incl., $10,000 in 1961 and
1962, as 2s; and $66,000 maturing
Sept. 1, $10,000 in 1963 hnd 1964,
$11,000 in 1965 and 1966, and
$24,000 in 1967, as 2ft* Dated
Sept, 1, 1947. Interest M-S. Bonds
maturing from 1958 to 1967, shall
be optional on Sept. 1,1957, or on
any interest payment date there¬
after, in inverse numerical order.

Bond

Offering

Grillo,
ceive

—
George
Clerk, will

Borough
sealed

bids

until

8

V.
re¬

p.m.

(EST) on Oct. 1, for the purchase
of $40,000 not to exceed 6% in¬
terest, emergency housing coupon
or registered bonds. Dated Oct. 1,
1947. Denom. $1,000. Due $5,0001
Oct. 1 from

on

Redeemable
in the

1948 to

as a

inverse

whole

order

1955 inch

in part

or

of

numbers

at par and accrued interest on
Oct. 1, 1952. Principal and interest
(A-O) payable at the Peoples Na¬
tional

Bank

of Hawthorne.

proposal must specify in
tiple of ft or 1/20 of 1%,

Each

v

mul¬
a single
rate of interest which the bonds
are to bear, and no proposal will
be considered which specifies a
rate higher than the lowest rate
stated in any legally acceptable
proposal. The successful bidder
will

furnished

be

with

proving

opinion

of

Delafield

&

of

Wood

a

the

ap¬

Hawkins,
New

York

City, that the bonds are valid and
legally, binding obligation of the
Bonds Voted—At a recent elec¬
Borough. A certified check for
tion the voters approved the issu¬
$600, payable to the Borough, is
ance of the following bonds total¬
required.
ing $165,500: $86,500 main trunk
sewer line construction, and $79,Ridgewood, N. J. *

Scottsbluff, Neb.

Bonds

000 water works bonds.
Bonds

Defeated—At

the

same

time the following proposals total¬

ing $155,000, were voted down:
$120,000 Municipal Fire Depart¬
ment Building, and $35,000 gar¬
bage disposal plant bonds.

Authorized—The

Board

of Commissioners passed recently
an

ordinance calling for the issuA

ahee of

$299,000 water department

bonds.

■.

:

/■ /

Spring Lake, N. J.
Bond Sale—The $233,000 bonds
offered on Sept. 8—v. 166, p. 998
—were purchased by B. J. Van InNEVADA
gen & Co., of New York, and MacWashoe County (P. O. Reno),
Bride, Miller & Co., of Newark,
Nevada
jointly, as 1.60s, at 100.059, a basis
;Bond Sale-r-The $400,000 county
the bonds
of about 1.59%.
oiy or'before
The sale consist¬
hospital bonds offered Sept. 15
1947, 5 on
which
date
ed of: $142,000 street improvement
—v. 166,. p. 1101—were purchased
ceases.
bonds,
which
mature
serially
by Halsey, Stuart & Co., and C. F.
of St. Louis.
from 1948 to 1967, inclusive, and
Midland, Mich.
Childs & Co., of Chicago, jointly,
Bonds Voted—An issue of $22,$9 $000
sewer
and
equipment
Wayne County, Bucatunna Special as l3/4s, at 100.079, a basis of
000 special assessment bonds was
bonds,
maturing
serially from
Consolidated School District
1.742%. The bonds are dated Aug.
1948 to 1952 inclusive.
approved on Sept. 17 by the State
(P. O. Bucatunna), Miss,
1, 1947. Interest J-J. Due serially
The bonds are dated Oct.; 1,1947.
Municipal Finance Commission.
Bond Sale Details—In connec¬ from 1950 to 1967; inclusive. The
Interest A-O. The second highest
Paw Paw, Mich.
tion with the sale of the $72,000 approving opinion of Pershing,
bidder was Fidelity Union Trust
Bonds Voted—At a recent elec¬ school bonds to the Max T. Allen Bosworth,
Dick & Dawson, of
Co., Newark, and Julius A. Rippel,
tion the voters approved the is¬
Co., of Hazelhurst, reported in our Denver, to be furnished.
Inc., jointly, for 1.65s, at 100.156.
suance
of $80,000 sewer system
Sept. 8 issue—v. 166, p. 998—we Washoe County, Sparks Sch. Dist.
revenue bonds by a wide margin
Vineland, N. J.
learn that the bonds were sold
No. 28 (P. O. Sparks), Nev.
Bond Sale
The $100,000 elec¬
jjyhitehall School District (P. O. at par, and mature $3,000 from
Bond Sale—An issue of $400,000 tric
light plant bonds offered Sept.
June 1, 1948 to 1971 incl. The
Whitehall), Mich.
building bonds was purchased by 15
v. 166, p, 1101 —♦ were
dated June
pur¬
2, 1947.
Bonds Voted—At a recent elec¬ bonds are
the
First
National - Bank
of chased by the Vineland National
tion the voters approved the issu¬ Legality approved by Charles &
Nevada, of Reno, as 3s, paying a Bank & Trust Co., and the TradeTrauernicht, of St. Louis.
ance of $355,000 building bonds.
premium of $1,586, equal to 100.- men's Bank & Trust Co., both of
MISSOURI
396, a basis of 2.96%,
Vineland, jointly, as 1.10s, paying
MINNESOTA
a price equal to
100.077, a basis of
NEW JERSEY
Belle Creek Township (P. O.
Kirk wood, Mo.
about
1.085%,
The
bonds are
.

i

.

.

,

—

—

,

'

"1

Goodhue), Minn.
Bond

Sale

Details-^In

Bond
connec¬

of

Election

—

The issuance

Note
Offering -—Herbert W.
Bewis, Town Treasurer,! will re¬ road and bridge bonds to the First
ceive sealed bids until 5 p.m. on National Bank, of Cannop Falls,
Oct. 2 for the purchase of $175,000 as iy2s, reported in our Sept. 15
highway construction and sewer issue-r-v. 166, p. 1100—we now
learn that the bonds were .Sold at
coupon notes; Dated Oct. 1, 1947.
Denomination $1,000. Due Oct. 1, a price of par. Due $3,00Q from
as follows;
$18,000 from 1948 to Oct. 1, 1948 to 1957, incl. Interest

Marshfield, Mo.
Bonds Voted—At

a

recent elec¬

tion the voters approved the issu¬
;
1952, inclusive, and $17,000 from payable A-O.
ance
of
$60,000 water system
1953 to 1957, inclusive. Bidder to Marshall
County (P. O. Warren),
bonds.
*
'
name
one
rate/ of interest in a
/ ' ■ Minn.
i ;
.multiple of % Of,l%. No bid for
Bond Sale —The $90,000 drain¬
St. Louis County (P. 0«
less than par and accrued interest.
..

...

••

.

'

•

,

Bergen County (P. O.
Hackensack), N. J.,
•
Bonds Authorized—At a meet¬

the

following bonds,, totaling
$750,000, will be submitted to the
voters for approval at an election
scheduled
for
Oct.
7:
$120,000
water system, and $630,000 sani¬
tary sewer system bonds.

tion with the sale of the $30,000

dated Oct.
to

1957,

1, 1947. Due from 1948
inclusive,, Interest A-O.

The second highest bidder was
Board of County Free¬ Stroud ,& Co., and MacBride. Mil¬
holders passed on final reading an ler & Co.', jointly, for 1.15s,! at
ordinance calling for the issuance 100.17.
of the following bonds aggregat¬
NEW YORK
ing $1,253,000: $1,153,000 for vot¬
ing
machine purchase,
Bergen
Amityville, N. Y.
Pines Hospital, sewage disposal,
Bond Election—The issuance of
bridges and culverts, and $100,000
$37,000 playground bonds will be

ing

the

Vocational School bonds.

..

Brigantine, N. J.
Report Issued

on

;

Default Status

submitted to the voters at an elec¬
tion scheduled for Oct. 23.
Brookhaven and

Smithtown Union
age repair bonds offered op Sept.
Clayton), Mo.
—This city is listed as being in
Principal and interest payable at 24 were
Free School District No. S
purchased by the AllisonBond Sale—The $225,000 health
default on! $1,326,123.44 prin. and
thO. Day Trust Co., Of Boston. No
(P. O. Lake Ronkonkoma),
Williams
Co./ of Minneapolis, as center building bonds were pur¬
$1,286,978.75 int. due on bonds as
New York
telephbne. bids will be accepted. 1.10s, paying a premium of .$31,
chased
by., the
City
National of June 30, 1947, in a report re¬
:Del(very will be made at the Day equal to 100.034, a basis, of 1.09%
Bond Sale—The $325,000 build¬
Bank & Trust Co., of Kansas City.
Trtist pp., of Boston, against pay¬ The bonds are dated
lating ; to the current financial
Sept. 1, 1947.
ing bonds offered Sept. 22—v. 165,
position of New Jersey counties p. 1197-s-were purchased b.v a
ment in Boston, funds.
Due on Jan. 1 as follows: $15,000
MONTANA
and municipalities, prepared by
in 1949
and
syndicate com nosed" of Roosevelt
1950, and $20,000 Beaverhead
MICKldAN
County School District Walter R. Darby, Director/Divi¬ &
from 1951 to 1953 inclusive. The
Cross, of New York, Marine
No. 34 (P. O. Dillon), Mont.
sion of Local Government, .De¬
Commerce
Trust Co., of Buffalo, R. D. White
Township
Fractional approving opinion of Dorsey, ColBond
Sale — The
$3,500 con¬ partment of Taxation and, Fi¬ & Co., and Vostal, Hall & Co.,
.Sch. Dist. No. 1 (P. OJ, Walled
man, Barker* Scott & Barber, of
nance.
"
both of New York, as 1.70s, at
I ; l,ake),,Oakland County, Mich, : Minneapolis, will be furnished the struction bonds offered Sept. 15
v. 166, p. 1101—were purchased by
100.42, a basis of 1.65%.
The
Note
Sale—We are informed purchaser.
Essex County (P. O. Newark),
the State Bank & Trust Co., of
bonds are dated Sept, 1, 1947, In¬
New Jersey
that $80,000 tax anticipation notes
Winona, Minn.
Dillon, as 2s. The bonds are dated
terest 'M-N.
Due serially from
Bond Sale — Of the $2,635,000
Bond Election—The
City Re¬ June
were purchased recently by Wat1948 to 1967 inclusive.
The ap¬
15, 1947. Interest J-D.
road, county building and altera¬
corder states, that a special elec¬
proving- opinion of Vandewater,
Jing, Lerchen & Co., of Detroit, as
Great Falls, Mont.
tion bonds offered on Sept. 22—
tion will be held on Nov. 3, to
Sykes & Heckler, of New York
-l3/4s, at a price of 100.0025, a basis have the voters pass on the issu¬
Bond Election—The City Clerk v. 166, p. 1197—a syndicate com¬
City, will be f urnished to the pur¬
<>f about 1.749%. Due $40,000 .oh ance of $200,000 municipal^ swim¬ stateSi itbat. at the general elec¬ posed, of J. P. Morgan & Co. Inc.,
chaser.
tion qmNov. 4, the voters will be of N. Y., Drexel & Co., Philadel¬
ming ppol construction bonds.
April 1, in 1948 and 1949i
.

,

.

proposed

issuanpemf $1,300,000 sanitary and
storyi sewer system revenue

bids for the $110,000

Sept. 29.

on

coupon

Lynn, Mass:

;
*

the voters at

election to be held

hurricane

the

(1301)

asked to7 pass: upon the

Bond Offering Postponed—Due
to

was pur¬

chased recently by Hornblower &

Weeks,
100.44,

Detroit), Mich.

be submitted to

$75,000

CHRONICLE

Biloxi Municipal Separate
Sch. Dist., Miss.

,

$255,000 construction bonds will

Lexington, Mass.
Note Sale

.

Bond Election—The issuance of

{Salem, for l%s, at 100.04.

,

East

Or

& FINANCIAL

MISSISSIPPI

Twps., Frac,

School District No. 2 (P.

Naumkeag Trust Co.,

was

Warren

and

Erin

COMMERCIAL




,

54

*

'

>"v

THE

(1302)

COMMERCIAL

bonds

from

1948

A-O.

Due

1, 1947.

on

incl.

Interest

The

basis of -about
The
approving opinion of Vandewater,
Sykes & Heckler, of New York
City, will be furnished to the pur100.14,

to

approving opinion of
Vandewater, Sykes
Heckler, of
New York City, will be furnished
the purchaser without cost.

of 1.161%. The
dated Aug. 15, 1947.

p. 902 — were purchased by the
Bank of North Dakota, of Bis¬
marck/ The bonds are dated July

Due

1, 1947. ' Interest J-J. Due serial¬
ly from 1949 to 1966 inclusive.

New

Hyde Park, N.Y.
Ottering — Henry

are

on

inclusive,

Vandewater,
New York
City, will be furnished the pur¬

sealed

receive

bids

until

11

a.m.

'*

& Heckler, of

Sykes

100.12,

at

Cambridge, Ohio

highest bid
that of

second

The

iy4s,

The

cost.

bonds

(EST)

on

.

land Corp., both of Cleveland, and

Fox, Reusch & Co., of Cincinnati,
paying a premium of $1,314, equal
to 100.438, a net interest cost of
1.874%," as follows: for" $181,000-'
l%s, maturing $6,000 April and
Oct. 1 from 1948 to 1962, arid $120,~
000 2s, maturing $6,000 April and
Oct. 1, from 196J to 1972. .interest

OHIO

■

Note

.

Sale—Tne $74,000 special

improvement A-o.
;.
■
15—-v. 168, p.
Maple Heigh's, Ohio
)■
1102-7-were purchased by StranPotsdam and Norfolk Union Free
Bond Election—The issuance of
ahan, Harris & Co., Inc., of Toledo
School District No. 1
$7C0,0C0 sewer construction bonds
as
Is, paying a price equal to
will be submitted to tne voters at
(P. O. Norwood), N. Y.
100.11, a basis of about 0.94%. The the
Bond Offering—E.
J. Mulholgeneral election to fc>e held on.
bonds are dated July
1, 1947. Due Nov. 4.
land/District Clerk, will receive
'
:
oh July 1, 1949. Interest
payable
sealed bids until 3 p.m. on Oct.
J-J.
Stark County (P. O. Canton),
The second highest biddei
15 for the
was

assessment

the State Bank of Albany.

notes

street

.

offered Sept.

30 for the pur¬
chase of. $118,750? not to exceed
a^e due serially from 1948 to 1957
5% interest, public improvement
inclusive.
coupon or registered bonds. Dated
Sept. 15, 1947. Interest M-S. De¬
Chester, Pottersville Water Dist.
nomination
$1,000 and one for
purchase of $12,400 not
(P.O. Potter sville), N. Y.
wqs the, Provident Savings Bank
Bond Sale —The $45,000 water $750. Due on Sept. 15, as follows: to exceed 2%% interest, coupon
& Trust Co., of
Cincinnati, for
registered
building - bonds.
system bonds offered Sept. 22— $10,750 in 1958, $11,000 in 1949, or
iy4s, at 100.03.
v.
166, p. 1197—were purchasec $12,000 in 1950 and 1951, $13,000 Dated Nov. 1, 1947. Interest M-N.
Columbiana Exempted Village
by the Union Securities Corp., of in 1952, $7,000 in 1953 to 1955, Denomination $1,000, one for $l,-:
New York, as 1.90s, at 100.14,
School District (P. O.
$6,000 in 1956 and 1957, $5,000 in 400. Due on Nov. 1, as follows:
basis of 1.891%.
The bonds are 1958 to I960, and $6,000 in 1961 $1,000 from 1948 to 1952, inclusive,
Columbiana), Ohio
dated Sept. 15, 1947. Interest M-S. and 1962. Rate of interest to be $2,000 from 1953 to 1955, inclu¬
Bond Election"— The Superin¬
Due serially from 1948 to 1987 in¬ in a multiple of l/10th or % of sive,
and $1,400 in 1956.
The tendent of Schools states tnat. ai
without

choser

Sept.

of

opinion

proving

for

Bond
A.
Schroeder, Village Treasurer, will

basis

a

chaser.

a

Dated Sept. 15,1947.

1.37%.

1956

Oct. 1

a

Monday, Ssptember 29, 1947

Aug. 15 from 1948 to 1957,
interest F-A. The ap¬

dated Oct.

Bond Sale—The $10,000 fire ap¬

price of

premium Of $72.55, equal to

100.213,

paratus bonds offered on Sept. 15
—v. 166, p. J101-—were purchased
by Geo. B. Gibbons & Co., Inc.,
of New York, as 1 40s, paying a

:

ing

premium of $150, equal to 100.13,
a
basis Of 0.95%. The bonds are

Chester, Blooming Grove and
Goshen, Chester Fire District
(P. O. Chester), N. Y.

FINANCIAL CHRONICLE

&

,

,

Ohii

"

.

'

The second highest bid¬

clusive.
der

for

Newburger, Loeb & Co.,
2.10s, at 100.95.
was

Cortlandt, (P. O. Cronton-On
■
Hudson), N. Y.
'Bond Sale — The $3,300 water
main bonds offered on Sept. 15
I

v.

166, p. 1101

—

purchased

were

by the Peekskill National Bank &
Trust Co.,

of Peekskill, as l%s, at
price of par.
The bonds are
dated Sept. 15, 1947. Interest J-D.
Due serially from 1948 to 1953 in¬
a

clusive.

■ w.,->;

;

(P. •O.
Lake), fit Y.
Bond Sale—The $156,000 airport
of
1947 bonds
offered Sept. 22
Harriettstown
Saranac

v

—v.

166, p. 1197—were-purchased

by the State Bank of Albany, as
1.20s, paying a premium of $30.61,

equal to 100.019, a basis of 1.196%.
$118,000 air¬

1%, and must be tlje same for all
Principal and interest

at

able

payable at the Chase National
Bank, New York City. The bonds
will be valid and legally binding

interest

general obligations of the village,
all
the
taxable
real " property
within which will be subject to
the levy of ad valorem taxes to
pay the bonds and interest there¬
on, without limitation as to rate
amount.

or

The bonds will be de¬

livered at New York, N.

callable

are

the bonds.

interest

and

par

redeem¬

and

payment

any

on

prior

date

-

to

for all

same

No bids will

bonds.
for

the

be

must

of

be accepted

Bond

Offering

District

—

urer

be

Ellis M. Mace,

will

Treasurer,

receive
sealed bids until 11 a.m. (EST)
on Oct. 7 for the purchase of $18,-

"

the

to

that

states

held

of

an

Oct.

on

28, to have the
the proposed issu¬

voters pass on
ance

City Treas¬
election' will

$2,500,C00

Fahey, Clark & Co.; for

was

l%s, at 10Q.63. ;

:

:

:

Bond

Election

—

municipal
will

voters'

be

Greens

Municipal

An

issue

submitted

of

systen.

the

for

the

at

series B bonds, due

by;

general

School District
Troy), Ohio

Troy

Election

Bond

—

bond

construction

(P. O.
\
.An $890,000

issue

>

will

be

submitted to the voters at the gen¬
eral election to be held on No^.

Election

Bond

—

issue

An

of

$70,000
incinerator,
equipment
and building bonds will be sub¬
mitted

for

approval

the

at

gen¬

eral election to be held on Nov. 4.

Youngstown, Ohio
Bond

Sale—The

$185,000 bonds
Sept. 1—v. 165, p. 902—'
purchased by Halsey, Stuart

offered
were

on

& Co. Inc.
of

sale

M^s, paying a price
basis of about 1:405%.

as

100.628,

a

consisted

of the

follow-.

$93,000 refunding bonds. Due $9,000 from 1952 to 1959, inclu•sive.

gen¬

72,060

*

*

•

equipment

bonds.

Due

from 1949 to 1954, inclusive.
20,000 street opening and exten¬

County (P. O. Xenia),

sion bonds. Due from 1949 to

Ohio

$38,000 airport of 1947
Building bonds.
Bond Election —At the general
serially from
election to be held on Nov. 4 the
Durham, N. C.
1948 to 1957, inclusive. The bonds 300 not to exceed 5% interest cou¬
Bond Election—The issuance of voters will be asked to pass on the
are dated June
15, 1947. Interest pon or registered bonds, as fol¬
Issuance
of
$950,000
$1,750,000 water system bonds will, proposed
J-D.
The second highest bidder lows:
was
the Marine Trust Co., Buf¬ $13,000 series B, 1947 bonds. De- be submitted to the voters for ap¬ county hospital bonds.
falo, and R. D. White & Co., jointnomination $1,000. Due Sept: proval at an election scheduled for
Hamilton, Ohio
sive, and

4

election.

Nov. 4.

on

construc¬

considered

the Nov.

at

ing:

water

consideration

eral election

house

court

voters

The

Glenmont, Ohio

bonds

the

Wapakoneta, Ohio

ly from 1948 to 1957, inclusive. In¬
terest A-O. The next highest bid¬
der

$2,000 000

tion bonds will be

'

•

dated Sept.,1,1947. Due serial¬

are

$10,000

Bond Election—The

,

submitted

Forest, Ohio
Bond Sale —The $16,000 water

'

Charlotte, N. C.

York

be

voters for approval.
i

:

NORTH CAROLINA

village, is required.

New

will

,

maturity or at less
works bonds offered Sept. 15—v.
than par value of the bonds. Prin»cipal and interest payable at the pL66, p. 1102—were purchased by
J. A. White & Co., of Cincinnati,
State Bank of Norwood. The bonds
as 1
y2st paying a price, of 100.459
will be delivered at the office of
a basis.of about 1.41%, The bonds
the District Clerk on or about
separate

certified check for $2,375, payable

Niskayuna Fire District No. 2,

bonds

the,

Y., or at
be agreed Nov. 1, 1947, and the purchaser
with the purchaser about ;Oct. 15, will be notified when the bonds
1947.
The approving opinion of are ready. A certified check for
Vandewater, Sykes & Hecker, of $248, payable to the district, is
New York City, will be furnished required.
to the "purchaser without cost. A
to the

the general election to be held on
Nov, 4, the issuance of $335,000
site
purchase
and
construction

maturity. Rate of interest to be
in a multiple of 14 of 1%, and

such other place as may

The sale consisted of

port of 1947 series A bonds, due
serially from 1948 to 1957, inclu¬

bonds

:

i

-

Bond Election—The issuance of

;

1958, inclusive.
second highest bidder was
Blair & Co., Inc., for lV2s at a
price of 100.54.
The

OKLAHOMA
.

*

,

.

•

4

.r.

•

..

„

^ ■

v

v

/ '

ly, for iy4s, at 100.10.

;

y

15

' *

and

'

HastingS'On-Hudson, N.

/

Bond

receive

—

Y.

bids until

sealed

$2,000 in 1948
and $3,000 from

1949,

10

5,500 series A,
nom. ; $500.

Bond

1947 bonds.
De¬
Due Sept. 15 as

as may be
agreed upon with the purchaser.
The approving opinion of Cald¬

$370,

payable to
required.,
."

the

000

quired.^

Sept.

Hempstead Union Free Sch. Dist.

awarded

7

Sale—The $70,000 build¬
bonds offered on Sept. 18,
were purchased by the First Na¬
tional Bank, of Bellmore, as 1.40s,
paying a price of 100.271, a basis
Bond

ing

1.345%.

The bonds

are

dated Jan. 1,

1948. Due on July 1,
$6,000 in 1949; $9,000
from
1950
to
1956
inclusive,
and
$1,000 in
1957.
Principal
and interest (J-J) payable at the
as

follows:

First National
The

next

Bank

Second

National

Co.,

Hempstead,

of

of Bellmore.

highest bidder
Bank

for

was

&

the

Trust

1.40s,

at

100.035.

$115,000 public
bonds offered
on

♦.Sept. 22 —v. 166, p. 3198 —were
purchased by the National Bank
of

Middletown,

as

Is,

paying

of

the

a

and

sive.

are

mature

dated Sept.
serially on

until,
the

17 'for

tre.

■

North Carolina
Not

not

Voted—The

authorized

County

at the

;

(P.

O.

Sept.

.// T'"..:*?

Bonds Voted
held

At

—

J.

~

;

election

an

Sept: 16 the

on

''

Greenville),

North Carolina

voters

are

said to have approved the issuance
of $452,000 hospital bonds.

Winston-Salem, N. C.
Bond Election

—

election to be held

:

v

(P. O. Orchard Park), N. Y.
Bonds

Voted

states

—

that

Sept.

at

At the
on

>

genera]

Nov. 4, the

'

NORTH DAKOTA

an

election

9,

Henry, N.

Sale—The

Y.

$34,000

street

improvement bonds offered Sent.
15---V.
166, p.
1102—were pur¬
chased

'

Bond

purchase of $1,000,000

tion

ing

at

follows:.

as

were
.

.

1950 to 1953, as l3/4s, $120,00D
maturing $20,000 in 1954 t».<
1959, as XV2S, and $82,000 ma¬
turing $20,000 in 1960 to 1963,
and $2,000 in 1964, as l%s.
50,000 water works bonds, divided $20,000 maturing
$4,000
'

*

1;-1957,

payment

mium of 2%

100.03,

-

1.64%,

learn that the bonds

$282,000 sanitary sewer and dis¬
posal
plant
bonds,
divided
$80,000 maturing $20,000 in

"

Oct.

First National Bank

net interest cost of about

sold

Oct. 1, 1958, and thereafter
redeemable as a whole or in
part in Their inverse numerical
on

connec¬

$372,000

Co., of Oklahoma Citv. at

we now

on

interest

Sale Details —In

bonds to the

are,

order

Okla.

with the sale of the

& Trust
a

1970, and $55,000 in
1971, all inclusive. Bonds matur¬

date

or

any

on

in

thereafter

if called

thereafter

1950 to 1954, as

l%s, $20.maturing $4,000 in 195S
1959, as Vks, and $10,000
maturing $4,000 in 1960 and[
1961, and $2,000/ in 1962, as

000
to
f
1

or before Oct. 1; 1966; and
/
l%s.
V'
40,000 fire equipment bonds, di-'
premium of. 1 % of par if
vided $15,000 maturing
thereafter pribr to mature
$3,009:
in 1950 to
1954, as l3/4s, $15,ity.
Rate of interest to be in
000 maturing $3,000 in 1955 ta
multiples of y4-of 1%. Principal
1959, as 1V2S, and $10,000 traand interest payable at the office
of the .-City Treasurer.
;
turing $3 000 in 1960 to 1962,
The apand $1,000 in 1963.
:
;
'
/
roving opinion of Peck, Shaffer
Williamof Cincinnati^ will be
Maysville, Okla.
furnished the purchaser without
Bond Offering—G. F. Copeland,
cost. A certified check for $25,000
Town Clerk, will receive 'sealed
payable to the City, is requiredbids until 2 p.m. on
Oc?t. 3 for. the
Kirtland Township Sch. Dist., Ohio purchase of $48,500 not to exceed
Bond Election
An issue ot 6% .interest bonds, as follows:
$230,000 construction bonds will $45,000 water works bonds.
;
i

and

on

plus

a

.

.

■

.

.

-

1

—

.

.

be submitted to the voters at the

general election

by

the

Citizens

National

Bank, of Port Henry, as 1.20s, pay-

r,f**

*

"N. Dak.
Bond

Bond

*

Offering—H. L. Mitchell.

District Clerk, will receive sealed
bids until 2 p.m. on Oct. 6 for the

on

Lorain,

Ayr Schocl District No. 72,

The District

the voters ap¬
proved the issuance1 of $1,375,000
construction
bonds
by a
twothirds majority.
.
on

Bond

Oct.

from 1967 to

Orchard Park, Central Sch. Dist.

held

on

interest, plus a
premium of 3% of par if called on
or before Oct. 1, 1961; plus a pre¬

high bid of 100.152
the proposed issuance of $4,000,000
for 1.10s was made by the South
Water system bonds.
'
/ ;vv
Shore Trust Co., Rockville Cen¬

Clerk

noon/ (EST)

at par and accrued

County (P. O.\Sanford),

voters will be asked to pass upon

Second

'

■

National

Sept. 15 from 1948 to 1952 inclu¬

...

,4t;(2gX!'

Second

The bonds

1947

'

t-.'t
 ■ -J!" '
\


McDaniel Lewis & Co., for $11,000
2%s, and $4,000 ;2y4s, at 100.031,;

of

Hempstead, as Is, at a
100.057, a basis of about

»

Bond Sale—The

improvement

orice

0.978%.

bids

Reno,

.

to

Port

Middle***wn. N. Y.

(M-S) payable in New York City.
The second highest bidder was

Pitt

1198—was

p.

1, 1958 to

16 election.

$26.bonds offered

purchase
24 —v. 166,
of

15,

issue

land

Bank

(P. O. Bellmore), N. Y.

of about

Sale—The

Buechner,

purchased

1964, inclusive,
as 2y4s. The bonds are dated Sept.
1, 1947.
Principal and interest

Lee

El

City Manager, will receive sealed

$15,000 water
Sept. 22—v. ,166,

»

Westbury), N. Y.
Bond

Bond Offering—F. R.

$50,000
county airport construction bonds

-

Hempstead Union Free
School District No. 1 (P. O,

purchaser without
charge.
A certified
check' for
$450, payable to the Village, is re¬

Hu.

March

Bonds

District, is

on

1198—were

were

Trimble & Mit¬
chell, of New York City, will be

■,

by the not to -exceed 3% interest first
watel, works revenue
National Bank of Alamanche, of mortgage
Graham, paying a premium of $5, bonds. Dated Oct. 1, 1947. Interest
equal to 100.033, a net interest, A-O. Denomination $1,000. Due
cost of 2.162%, as follows:
For On Oct., 1 as follows: $30,000 from
$8,000 maturing $1,000 March 1, 1950 to 1953; $35,000 from 1954 to
1956; $40,000 invl957 and 1958;
from 1950 to 1957, inclusive, as 2s.
and $7,000
maturing $1,000 "on;1 $50,000 from 1939 to 1966; $60,000
p.

North

well,; tMarshall,
furnished

the

'

Sale—The

bonds offered

follows:
$1,500 in 1948 and
a.m.J(EST), on Sept. 30, for the
$1,000 from 1949 to 1952 incl.
purchase of $27,000 not to exceed
Dated Sept. 15, 1947.
Interest
5% interest, street improvement, M-S.
Rate of interest to be in
sewer system and equipment cou¬
multiples of 1/10 or.% of 1%, and
pon or registered bonds.
Dated must be the same for all the
Oct. 1, 1947. Denom. $1,000.
Due bonds.
Principal and interest pay¬
on Oct. 1, as.follows: $4,000 in 1948;
able at the Schenectady Trust Co.,
$5,000 in 1949, and $6,000 in 1950 of
Schenectady.
The bonds will
tp 1952.
Rate of interest to be in be
delivered at New York, N. Y.,
a
multiple of 1/10 or y4 of 1 %, or at such other
place as may be
aqd must be the same for all of the
agreed with the purchaser, about,
ybonds. Principal and interest (A- Oct. 20, 1947. The approving opinO.) payable at the County Trust ion of
Vandewater, Sykes.& Heck¬
Co., Hastings - on - Hudson. The
ler, of New York City, will be
bonds Will
be delivered on or
furnished to the purchaser with¬
about Oct. 14, in New York City,
out cost.
A certified check for

of at such other place

V..

'

Graham, N. C.

1950 to 1952 inclusive.

William J.

Clerk-Treasurer,

Village

Neely,
will

Offer ing

Oct. 4.

follows:

as

Election

Nov. 4.

<

at

Ohio
—

An

h aiFo t improvement
bonds -will be submitted for ap¬
$750,000

proval at the

of

Surrey School District
\
•" N. Dak./
Bond Sale

—

bonds offered

No.

The $24,000

on

Sept.

41,

school

1102—were purchased by a syn¬
dicate
composed
of
Stranahan,

p.

Harris

?Co,," vlnd./V of

election

of

general election on
Nov.-4.
/ "i'
$$,000 school bonds.:
Denomination $500. Due $509 on
I
Mansfield, Ohio
Nov. 1 from ,1948 to 1983 incl.
A ■\ Bend Sale—The $300,000 water
certified check for 2% of the bid works
first
mortgage
revenue
is required.
bonds offered on Sept. 15—v. 166,

purchase

the

/
issue

Toledo;
Co., First Cleve¬

.

3,500 fire dept.; bonds.
:\ ■
;
These are the bonds authorized.
;

held

on

Sept. 9.

Miami., Okla.
n Bond
Sale Details — In connec¬
tion with The sale of the
$651,000 >
bonds to a% syndicate headed

by

the First National
.

Bank

&

Co., of Oklahoma City; at
interest

cost

of

about,

ported

in

166,

1103—we

p.

the bonds

$405,000

our

were

water

Sept.

a

1.60%,

15

now

Trust
net
re-:

issue—v.

learn

that

sold'as follows:

"works

'

extension:

and improvement bonds, divided $62,000 maturing $31,009

.

■4'

THE

Number 4633

"Volume 166

COMMERCIAL & FINANCIAL CHRONICLE
SOUTH CAROLINA

Oct. 1 in 1950 arid 1951,

asj New York'/ Fidelity Union Trust
Co., of/Newark, Green, Ellis &
1952 to 1959 AndoTson, Of New York, E. W(
•inclusive, as lVzs, and $95,000 Clark - & Co., of Philadelphia,
maturing Oct. 1, $31,000 inRattle-First
National Bank of
on

$31,-J,

XW4s, $248100 maturing

(P. O. Charleston), S. C.

1960 and 1961, and $3o,000 in geattle, Brahihall, Barbour & Co.,
l962j as 1%S.
Z
I1 of NOW York.
Trust Co. of Georgia, Of AtlariBQ,G0O electric light extension
v
a, Schmidt, Poole & Co., W. H.
bonds, taking $12,000 matur¬
Co., Biddle,
ing $6,000 Oct. 1, in 1950 and NOwbold's, Son &
1901, as l%s, $48,000 maturing Wheleri & Co.* all of Philadelphia,
Tucker, Anthony & Co., of New
$6,COO Oct. 1, from 1952 to
Zi959 inclusive, as l%s, and YO£k, Moore, Leonard & Lynch,
•
$20,000 maturing Oct. 1, $6,- of Pittsburgh, : Mercantile Trust
;
■; .000 in 1960 and 1961, and $8,- Co»>
of ~ Baltimore,
Francis
L1000 in 1982, as l3As.
duPOnt: & Co., Mackey, Dunn &
59)000 fife station and equipment Co.) both of New York, Elkins,
" .tonds, taking $3,COO maturing If orris & Co,, of Philadelphia, F.
r
$4,000 Oct. 1, 1950 and 1951, S. ".Sihithers & Co., of New York,
:
as 1%'s, $32,000 maturing $4.
Arthurs, Lestrange & Klima, of
~t
000 Oct.. 1, from 1952 to 1959,
itislftirgh, Ellis & Co., of Cincin¬
"*
as 1%'s, and $19,000
maturing nati, Sheridan, Bogan Co., Wurts,
I
Oct. ir $4,000 in 1960 to 1962 Dulles & Co., Aspden, Robinson &
inclusive, and $7,000 in 1963, Co., Hess & Co., all of Philadel¬
V •- as l3/4s.*.
•
.j
i4'
/ phia, Warren W. York & Co., pf
55,0CO park site and improve¬ Allentown, Phillips, Schmertz &
ment bonds, taking $8,000 maCo., of Pittsburgh, and Williams
c*
luring $4,000 Oct. 1, 1950 anc/ R, Compton & Co., Inc., Of New
1951, as l34s, $32,0C0 ma-ur- York, as l%s, at 101.6899, a net
ing"$4,0C0 Oct. 1, from 1952 t
interest cost Of 1.27559%.
The
bonds are dated Oct. 1, 1947. In¬
"1959, inclusive, as 114s, an
$15,000 maturing Oct. ~1/$4,C6
terest A-O;
Due $2,000,000 from
in I960 and tool, and $7,CO
Oct. 1, 1952 to 1976, incl. The pur¬
in 1962, as l%s. .•••
chaser will be furnished the legal
; '
I

voters

for

1%%

water

;

works

system

rev-

Said bonds Will be callable

sive,

Sept. 1,1948, or on any subse¬
quent interest payment date, as
provided by the law. The. bonds
are
approved as to legality by
Huger:Sinkler of Charleston.

on

,

.

.

results in the lowest interest cost

combined

public

utility

systerti
purchased by

Revenue bonds was

,

R. S. Dickson & Co., of

Charlotte,

100.065, a net interest cost of
about 2.385%, as follows: $64,000
riiatut-ing on Aug. 1- $4,000 frorh
1948 to 1953, inclusive; and $5,OOu
at

.

"

-

from

.

1961

to

1954

inclusive,

Qpinion v' of)

into

consideration

;

in

executed
bonds,
purchaser. A
check for 2 %
of the

Chicago,

and

without cost to the

certified

bonds, payable to the City Treas¬
urer,

is required.

Bonds Voted—At

as

a

recent elec¬

tion the voters approved the issu¬
ance of $150,000 bonds to be used
for
the
purpose
of
extending
water mains and sewage lines for
a

.veterans housing project.

i

Morristown, Tenn.
Bond
eral

Sale—The

improvement

$125,000 gen¬
bonds offered

.

,

.

School District

Keizer

;he Commonwealth for State and

Salem), Marion

1103—were purchased by
the Milwaukee Co., of Milwaukee,

.ocal

as

Exempt from taxation in

(P.

O

County,

Bonds Voted —The issuance

$75,000 construction bonds was
.approved by the voters at a recent
v

Philadelphia, Pa.

Of

election.

& Trust Co., of Cincinnati,
Haupt
&
Co.,
Campbell,
Phelps & Co., both of New' York,
First. Southwest Cq„ of Dallas,
Lyons & Shafto, of Boston, Don¬
ald MacKinnon & Co., of New

York, Wurts,. Dulles & Co., of
Philadelphia, Neuhaus & Co., of
Houston, Blewer, Heitner &
Glynn, of St, Lbuis, and Ginther
& Co., -of Cleveland, purchased on
Sept. 23, the following bonds ag¬
gregating $4,340,000, as 1.70s, of¬
fering a price of .100.05, a net
interest cost of about 1.695 %:

$1,560 000 Water Works improve; • merit, Series No/ 2^2 bohds.
1,300,000
sanitary v. sewer v and
sewage disposal plant, series
No. 243 bonds.
/
*
760,000 storm Sewer improve¬
ment, Series No. 244 bonds.
640,000 street opening and wid¬
ening, 'series No. 245 bonds.
40,000 fire station hnd signal sys'/..

- tern, series No. .246 bonds.
;
40,000 4 public market construlction, series No. 247 bonds, |
The bonds a to dated Oct. 1,1947.'
Due from Oct.
1) 1948 to 1967,

'

Bonds Not Voted—The

Zbonds

not

were

$150,000

improvement

approved

at

the

flection held on Sept. 9.

Harrisburg, Pa.
Bonds Voted — The Deputy Di¬
the

Finance

of

rector

that

states

primary election held

Details—The

Sale

$40,-

2% judgment funding b
purchased by the Union National
Bank and the First National Bank
Uoth of Mount Carmel, jointly;

000

.

previously/noted in
sold "at

v.

166, p. 11

price of par. Dai
June 1, 1947.
Denomination $
UOO. Due Dec. 1, as follows;. $6,^were

'

a

and 1948 and $7,000
1949 to 1952 inclusive.

in'1947

000
«.

from

announcement

Pennsylvania (State of)
Sale

Bond

p u

b lie

series K,
$ _ y.
chased
1

r-

The

building

$50,0000,00(

constructiob

bonds offered on Sept>

166,
by

Drexel

&

*

Co., Inp., Kidder. Peabody & C<L
New York, Philadelphia N&-

1

not

.

bonds,-due Jan. 1, 1949;
r
2,456,700
Series
B
refunding

bonds, due Jan. 1, 1949;

-

/

.

.

Jan.

1,1948-78;

- r;

7

,

Philadelphia National Bank,
fiscal agent, for the city, and all
on

them will

Dec. 31,1947.

cease

\

*

as

/

<of

,

Equitable

York,

Graham, Parsons &

Loan

Authorized

City, Council on Sept. 11,
passed on third reading an ordi¬
nance
authorizing the creation of
proceeds

of $7,500,000,
tp be used for en¬

largements, additions, extensions,
betterments and improvements to
and

the

acquisition

of

property

Scaled

bids

will

be

asked

the issue, in the immediate

.

)

,


\


an

:

12,000 fire protection bonds. Due
$1,000 from 1949 to 1058, inelusive, arid $2,000 in 1959.
The

1947.

bonds

are

dated
•;

,
'

"
•

^

July

bonds

cost
are

of

about

10 years;

TENNESSEE

No

bid of

less

than

par

for

fufure.
will

be

considered,Z.?•.

have

Buena

callable
Vista

after

10

District,

-

of

at

voters "pass pri

$11,000,000 road
"

.

)

Texas

Bond

2.32%.

The

bids until dO

a.m. on Oct.
16, for
purchase,,of $3,970,000 / im¬
provement bonds, divided as fal¬
lows:
\
■' '•
'
Z;

the

-

years;

'

years.

Independent

;;.;f ■ •

OffeHng^G, R. Daniels,
City Auditor, Will receive sealed

$27,000 for the next 6 years, and
$23,000 the next 5
years.
All
bonds

the

issuance

El Paso,

due $30,000 for the first

$20,000 the next 5

■: • '■],

Contemplated —
that the county

bonds.

Sale—The $100,000 muni¬

cipal airport bonds offered Sept.
15, were purchased by Dittmar &
Co., of San Antonio, at a net in¬

I.

'

to

the

for the
issue of

„

School

Tex.

Bonds Voted—An issue of

'

$2,000,000 grade separation bonds.
!i
Due Dec. 1, as follows:
$56,000 in 1948; $58,000 iri
1940;
$59,000in 1950; $60,000 in 1951;
$61,000) in 1952; $62,000 In
1053; $64,000 in 1954; $65,000
in 1955; $66,000 in
1956; $68,^
000 in
1957; $69,000 in 1058;
$70,000 in 1959;
$72,000 in
1960; $73,000 in 1961; $75,000
iri 1962; $76,000 iri
1963; $78,000 in 1964; $79,000 in 1965;
$81,000 /in 1966; $82,000 :in
1967; $84,000 in 1968; $86/000
in 1960; $88,000 in
1970; $90,000 in 1971; $92,000 in
1972;
1

$6(),-

000 construction bonds was voted

bonds.

$1,000. Due Sept. 1, as follows:
$17,000 in 1951 and 1952, $18,000 in
Corpus Christi Independent
School District, Texas
1953, $16,000 in 1954, $25,000 in
«
1955, $37,000 in 1956, $38,000 in
Bond Sale
The $2,500,000
1957, $34;000 in 1958, $35,000 in School house bonds offered
Sept.
1959, $41,000 in 1960, $42,000 in 15—v. 166, p. .1103—were
pur¬
1961, $44,000 in 1962, $45,000 in chased by a
syndicate composed
1963i $46,000 in 1964, $47,000 in of, Paine,
Webber, Jackson &
1965, and $49,000 in 1966 and 1967. Curtis, Lee Higginson Corp., A.
Bonds maturing on or after Sept. C,
Allyn & Co., C. F. Childs & Co.,
1, 1956, shall be callable in in¬ all of
Chicago, Stern Bros. & Co.,
verse
numerical order, upon 30 of Kansas
City, Rauscher, Pierce
days' published notes on Sept. jl, &
Co., of Dallas, Russ & Co., First
1955, or any interest payment date of Texas
Corp., both of San An¬
thereafter, at par plus accrued in¬ tonio, Fox, Reusch &
Co., of Cin¬
terest and a premium for each
cinnati, - Milton
R.
Underwood
bond so called as follows: $25 per
& Co., of Houston, Dittmar & Co.',
bond called Sept. 1, 1955 to March of San
Antonio, and F. Bert Smith
1, I960, inclusive. $15 per bond &
Co., of Corpus Christi, at a net
called Sept. 1, 1960 to March 1, interest
cost
of
about
2.78%,
1964, inclusive. $5 per bond called divided as follows: $750,000 maSept. 1, 1964, and thereafter. Rate tUrifig - April 1, $10,000 in 1948,
of interest to be in multiples of
$45,000 iri 1949 to 1953, $50,000 in
y4 of 1%.
Not more than three 1954 to
1957, $60,000 in 1958 and
rates o£ interest should be speci¬
1959, $65,000 in 1960 to 1962, as
fied and there shall be no more
2%s, $405,000 maturing April 1,
—

Councilmanic
—The

f

Securities
Co/rpf
Igevf York, Stroud & Co., of PhW4*i
delphia*. Marine Trust Co., of Buf-j
Za ^io, Wood, Struthers & Co., of

Cor^L

submit

authorization

is

$400,000 road improvement bonds.

terest

<

Denomination

The

■

jNew

follows:

to

election

;

'

:

contemplated
voters'

tion

Election—An

Bond

,

Philadelphia, and equipment for the Philadel¬
Goldman, Sachs & Co., Barr Bids. phia Gas Works. The loan will be
&, Co., both of New York, Blair &
paid off in equal amounts semi¬
Cofi IncZ, Yarnall & Co., of Phila¬
annually. The ordinance was for¬
delphia; Harris, Hall & "Co:,~ of
7 Chicago, ) Dick & Merle-Smith; warded at once to Mayor Bernard
Hemphill, Noyes & Co., both .Of Samuel for his signature. /
■
/ 7
o

Co., .Inc., of Sioux Falls, divided

Texas

Election

is reported
officials are considering

T exas

Brenham, Texas

Sale—Ah issrie of

County (P. O. Dallas)^

'/ '/^

Bond

at an election held on Aug. 30,
:
1,787,700 general loan bonds, due
Lawrenceburg, Tenn.
Corpus Christi, Texas
)
Jan. 1, 1948-78; •
•
Bond Offering—P. E. Hickman,
10(10 general loan bonds, due
Bond Election—The City Man¬
City Secretary-Treasurer, will rfe"Jan, 1, 1948-78;
ager states that an election will
/ /• "7 7 . ceive sealed bids until 10
a.m.
be held on Oct. 4, "to. have the
6{j0,009 general loan bonds) due
(CST) on Oct. 7 for the purchase
voters pass on the issuance of the
71 "Jan. 1, 1948-78; ~
/
"
of $600,000 not to exceed 3% in¬
393,500 general loan bonds, due
following water bonds totaling
terest, electric system revenue,
/
Jan. 1, 1947-78.
tax
sup¬
"series 1947, bonds. Dated Sept. 1, $9,550,000: / $4,800,000
ported,
and
$4,750,000 revenue
The. bonds will be payable at 1947. Interest M-S.

the

^,/"

Angelina County (P. O. Lufkin),

Bond

bonds was; purchased by Gefke &

>

Dallas

;

It

;

5,266,200
Series
D
refunding
bonds, due Jan. 1, 1973;.
f I
1,280,000 general loan bonds, due

*

fionalBank,

1957,

—

—Bond

as

Interest A-O. The ap¬
proving opinion of Chapman •&
Cutler, of Chicago, to be furnishfed
the purchased/

~~

1000 — were putsyndicate composed .i. Councilmanic loan

p.
a

Co., First Boston
/ Corp.,1 Smith, Barney & Co.) I
\ /New York, Harriman Ripley,
*of

to

Due
sinkipg.fund and other sourcPS- $24,000 "water works bonds.
on 'or before Jan.
$2,000 from 1949 to 1958, in¬
1, 1948, follow:
clusive and $4,000 in 1959.
!
453,000
Serifes
A
refunding

Interest
!

1

the

to

was

the

on

Township Sch. Diit
(P. O. Mount Carmel), Pa.

Due

serially from
incl.
The
next
"highest bidder was John Nuveer

—

$15,000,000 f of 4s, but; additions
apade^ to the list.
The bonds
tq be; redeemed with1 funds .from

&;

Mount Carmel

1, 1947.

at 100.03.
to retire $17,187,- &Cd.Vfori%
city's 4% bonds. A.pre-_
Toronto, S. Dak.

were

Sept
3 the yriters approved the issuance
*jf $300,000 sewer bonds.
j

Bond

six/ordi¬

dated Oct.

are

A-O.

Interest
1948

effect that "the plan was to retire

(P. O. McClellandtoum). Pa.

athletic stadium and

v

vipus

Under

The City Counci

inclusive.

TEXAS

.designed

100 of the

Township Sch. Dtst.

airman
>-f"

—

has upder consideration
nances

PENNSYLVANIA

.

The bonds

Large Bond Retirement
Consideration

"

,

Ira

p.

1%/s, paying, a price equal to
100.106, a basis of about 1.227%.

purposes.

Oregon

166,

,

Bank

•

.

'

'

Dallas, Texas

'

t

Morgan,/; .Lewis._ &c 2y4sr- and $36,000 maturing oh Sept. 8 — v. 166, p. 1000 — were
^rhent and machinery bonds, Bockius,
of
Philadelphia.
The Aug, 1, $5,000 in 1962 and 1963; purchased by a syndicate cofritaking $8,000 maturing $4,C00 second .highest bidder "; was. Na¬
of
Davidson
&
Co.)
of
$6,000 in 1964 and 1965, arid $7,000 posed
Oct; 1, 1950'and 1951, as l3As
tional City Bank, New York, in 1966 and 1967, as 2%s. Dated Knoxville, Cuhnberlarid Securities
$32,COO maturing $4.C00 Oct
Bankers Trust Co., New York, Aug. 1, 1947. Principal and inter¬ Corp., of Nashville, Fisher Hawds
1, from 1952 to 1959, inclusive
Chase National Bank, New York
est <F-A) payable at the Central & Co., of Knoxville, and C. H.
as'l%s. and $12,000 maturinf
First; National Bank, New York, Hanover- Bank & Trust
Co., ~ of Little, of Jackson, paying a pride
-$4,000 Oct. 1, 1960 and 1962, ai Harris Trifst & Savings Bank, New-York.
equal to 100.092, a net interest co$t
Legality approved b
l%s.
/.■;
■
' ./ )of about 1.875%. as follows: $80,.■•!. Chicago, arid associates/for all as Huger Sinkler, of Charleston.
*
Interest A-O.
000 bonds maturing July 1,
l%s, at.a ptice of 101.5399. Third
$l5r
best bid was an'offer of 101.0849,
7™
SOUTH DAKOtA
000 in 1948; $10,000 from 1949 to
Shawnee, Okla.
tendered by the First National
1952; $5,000 in 1953; $10,000 in
Bond Election—At an election
Estelline, S. Dak.
1954 and 1955, as l3,4s, and $45,Hdnk of Chicago syndicate..
scheduled for Oct. 7, the voters
Bonds Voted—An~ issue Of $28;Bonds Offered for Investment— 000 sewer construction bonds was 000 maturing July 1, $25,000 i|n
"will pass on the issuance of the
1956, and $20,000 in 1957, as 2s.
following bonds aggregating $150,- The successful bidders reoffered authorized at the election held on
Principal and interest (J-J) pay¬
uhe above bonds for general sub- Sept.
000: $65,C00 fire fighting equip¬
9..
able at the office of the City Re¬
ment
purchase;
$50,000
bridge :cription at yields ranging .from
Huron, S. Dak.
corder,. or at the Central Hariconstruction, and $35,000 garbage 180 % to 1.35 %, according to ma¬
Bond Sale —The $146,000 air¬ ove£r/Bank & Trust Co., New Yotk
turity.
Coupon bonds, registerdisposal bonds.
port bonds offered Sept. 15—v. City, "at the holder's option.
ible as to principal only. Denom
SI,000.

y

'

will

Millington, Tenn.

Matlins, S. C.
'■
:
Bond Sale—An issue of $100,000

.

OREGON

'

.

any,

computing

,

-

*.

terest A-O.
1

Premiums, if

taken

~

.

equini

$100,000 in 1963 to 1965, $105,000
in 1966, as 2
% s, and $1,345,000
maturing April 1, $115,000 in 1967,
$120,000 in 1968, and $370,000 in
bonds will be awarded at not less
1969 to 1971, as 2%s. Said bonds
than par and accrued interest to will be
callable on and after Oct.
the responsible bidder whose bid
1, 1962.
Dated Oct. 1, 1947.
In¬
ma¬

Bond Sale —A syndicate com¬
interest cost only if
posed of the National, City Bank,
necessary to determine which of
two identical bids results in the Drexel & Co., both of New York,
Trust Co. of Georgia, of Atlanta,
lowest interest cost.:> The bonds
will be delivered at the American Schoellkopf, Hutton & Pomeroy,
of Buffalo,
Braun, Bosworth &
National
Bank, Nashville.
The:
Co.,- Inc., J. C. Bradford & Co., of
city will furnish the approving
Nashville, Provident Savings
opinion of Chapman & Cutler, of

wa> purchased re¬
cently by Johnson, Lane, Space
& Co., of Savannah.
The bonds
are dated Sept. 1,
1947/ Denom¬
ination, $1,000.
Due $6,000 on
Sept. 1, from 1948 to 1957 inclu¬

.

52.000 street maintenance

one

be

bonds

emie.

-

.

any

Sale—An issue of $60,000

Bond

,

,

for

"Florence, S. C.

t

.

the

rate

one

turity, Principal and interest pay¬
able at the
Chemical Bank
&
Trust Co., New York
City. The

to the city.

.

r

to

submitted

consideration at an election sched¬
uled for Nov. 11.

.

"U

;800,OhO improvement bonds will
ie

5

"

,

20

Bond tel^ction—The issuance of
;

—

"

than

Charleston School Diatrict No.

Oct"; 1, from

OOu

(1303)v 55

„

<

.

and $93,000 in 1973 and 1074.
1,280,000 storm
sewers
bonds.

Due

Dec.

000 in

1,

follows: $40,-

as

1948 and

1949; $41,000
1950; $42,000 lrY 1951; $43.000 in 1952; $44,000 in
1053;
$45,000 in 1954; $46,000 ' in
1955; $47,000 .in 1956; $48,600
in 1957; $49,000 in
1958; $50,000 in 1959; $51,000 in
1960;
$52,000" in 1961; $53,000 in
1962; $54,000 in 1963; $55,000
in 1964; $56,000 in
1965; 57,000 in 1966; $58,000 in 1967;
$59,000 in 1968; $60,000 • in
1969; $62,000 in 1970; $63,000
in 1971, and $65,000 in 1972.

"in

125,000

street

equipment
Dec.

1

from

1948

and

bonds.
follows:

as

sanitary
Due

/on

$12,600

to

1952 incl., and
$13,000 from 1953 to 1957 incl.

100,000
bonds.

lows:
from

recreation

Due

on

$7,000
1949

to

equipment

Dec. 1, as fol¬

in

1948; $8,000
incl., and*

1954

9,000 from 1955 to 1959 incl.
100,000
fire
station
building
and sites bonds.
1

as

Due

on

Dec.

follows: $3,000 from 1048

z

A;

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:£'0'.iiM.pk?7\,,'' 'te&y •*/•

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r'i-»■

WASHINQTON

Bond "Offering Expected KThe
$5,000 from
City
Council is said *to have
1965 to 1972 incl.
l
r
70,000; paving bonds. Due on authorized the offering in the
Dec. 1 as follows: $3,000 from near fbttire of the following bonds
1948 to 1957 inch, and $4,000 totaling $5,000,000 : $3,000,006 sani¬
tary sewers; $690,000 storm sew¬
from 1958 to 1967 incl.
69,000 fire department equip¬ ers; $210,000 street topping; $750,ment bonds. Due on Dec. 1 as 000 permanent paving; $300,000
Civic
Center ; development,
and
w/4 follows: $4,000 from 1948 to
1953 incl./ and. $5,000 from $50,000 street markers bonds. /
to-1964 incl., and

•

1962 incl,

1954 to

Dec. 1

follows:

as

1948 to

1957 incl., and $3,000
to 1967 incl.

Due

000' construction bonds

equipment bonds.
1 as follows:

48,000
;;

tax

Election

Bond

is

Commis¬

City

future

near

the

have

to

:

Dec.,1

on

as

and $7,000

in 1952.
airport paving, bonds.

30,000
Due

.

Dec. 1

on

," i. ,15,000

as

-

equipment

hospital

i,; 14,000 engineering equipment
.

;

Due

bonds.

as

fol¬
1

improvement
"

'I,

Dec. 1 as fol^.

on

2.73%,

:

.50,000

lows: $2,000 in 1948, and $3,000 from 1949 to 1952 incl.;

a

i

r p o r

bonds.

t

improvement

;

l

.

Normangee, Tex.

1947. DenominaBidders are invited to
name the rate of interest in multiof ^4 of 1%. Principal and
-table: at the Chemical
Co;* New York City,
•'furnish the necesDated Dec. 1,

Voted—At

Bonds

:

election

an

...

held

000

Aug. 30

on

sewer

bonds

issue of $50;-

an

authorized.

was

,

as

Dec,. 1/a*.

JFluvanna

.

.

*■

»W

'

'

...i". i

_*

.

W'

.

"

f:fexa»y~-'Z
s
;issue of $52,000
s was purchased
"HZLu Shaffer & Co.;
15, 1947.

.

'

and

$l>00Q

m$

^-js-to 1961, and
,_,000 from 1962 to 1968, all incl.
Principal and interest (F-A) pay-,

able at the

State Treasurer's of*

Legality approved by Gib¬
Gibson
&
Boothman, of

fice.
son,

Interest

ported
house

Austin.
Harris County (P. O. Houston),

a.m. on

-Bank,
tChaise

Harris

r

of

National

Bankers

;

and

Trust

Chicago;

Bank,

and

&

the

2.10s, at

a

priice

Dated Oct. 15, 1947.

1948 to
Interest payable

of about

1947,

15,

a

1.795%.-

Due from

1977,
A-O.

net interest cdst
Dated
Oct.

99.0002, a basis of
2.065%, and mature Oct. 1

is

now

bonds

re¬

field

revenue

purchased

in; 1955
1957

and

to

1972.

3s.?.//;•

years

UNITED

sold

as

about
as fol¬

1956;

$16,000

from

1959; $17,000 in 1960 and

Callable <

on

and

after

10

from date.;

/

;

STATES

Offerings
Sealed
been invited by 30 local housing authorities, the offerings
will take place on Oct. 7, and Oct. 28, for temporary loan
gregating $55,851,000.
Details of these offerings are given

bids have

of which
notes ag¬

herewith:

■,-\ z: ,N
Opening Oct. 7,1947Z:^ZZi:Z:,z':'/:-Z'/ /Z

z:/.:• List No. i

.

,Z-!vz

,

(Notes dated Oct. 28, 1947 and maturing as indicated)
Local Authority
Amount
Maturity
Nov.
Tucson, Arizona
$664,000
9, 1948
Port Angeles, Washington^--------Nov.
174,000
9, 1948
Feb. 24, 1948
Boston, Massachusetts
-]L
2,777,000
•
Nov.
Annapolis, Maryland Z
-——225*000
9, 1948
;
Nov.
Allentown, Pennsylvania
493,000
9, 1948
Nov.
1948
Beaver, Pennsylvania
i-Z~
1,753,000 Z
1948
Beaver, Pennsylvania
_/-U—/ -—397*000— Nov.
-

-

-

-—_ - -

-

be

furnished.
,

.

Wheeler,

t

Texas

est

Dated Oct.

A-O.

Due

on

Oct. 15,
15, 1948 to

Long Branch, New Jersey__.___.____..
Washington, D. C.__:_______.._-__-___
Rantoul, Illinois—
Columbus j Georgia
l—__
Galveston j Texas
—_

_

_

Galveston, Texas Z--_c_____

—

448,000
5,993,000

359,000
1,471,000 ;
731,000"
993,000

<

Nov.

Interest

1967,

inclusive.

A-O.

The second best bid

payable
was

an

H offer of 100.263 for 2s, tendered by

Bond

bids

Nov.

1948

Nov,

1948

Nov.

1948

Nov.

1948

National City Bank syndicate.

yzz,z---.

iz;v
<

.




the 1948-1961 maturities and from
dollar

a

price of 100 to 99 % for

the 1962-1967 maturities,
-•

.

WASHINGTON

z'f. ■

Wapato, Wash.
Bond Sale—The $10,000 general
obligation bonds offered on Sept.
22

were

at

iyjsr

par.

sold to the

State,

as

W

Raleigh

County

Plan of Bidding—The Notices of Sale will

provide that proposals

be for all or any part of each series of notes and separate pro¬
posals will be required for each series where more than one series of
notes are offered for sale or for each part of said notes for which a
separate interest rate is bid.
The issuer reserves the right to award
to any bidder all or any part of the notes which such bidder offers
to purchase in his proposal.
Said notes will be awarded at the lowest
net interest cost to the issuer under such bid or bids, and in compute

O.

(P.

Beckley), W. Va.
Bonds

Voted—The

issuance

of

$350,000 airport construction bonds
was approved -by the voters at a
recent election.

-j;

Sparta, Wis.
Bond

,5

;/•''-^z^z—$39,373,000

Sale—The

$40,000 1 ¥2%
parks bonds offered
Sept. 22 — v. 166, p. 1200—were
purchased by the First State Bank
of La Crosse. The bonds are dated
int.

public

Feb. 1, ,1945, ;Interest F-&.. Due
serially from 1948 to 1955, incl.
Z

Spring Green, Wis.:

Bond Offering—ZE. T. Hill,

lage

Clerk,

will

receive

Vil

sealed

bids until 7:30 p.m. on Oct. 1, for
the purchase of $30,000 3% water

pumping 4 station bonds.
Dated
Oct. 1/1947. Interest A-O. Due on
April

1

follows:

$1,000 from
$2,000 from 1958
optional on and
after April 1, 1957. These are the
as

1948 to 1957, and
to 1067, all incl.,

bonds

authorized

election.

A

at

the

certified

Aug.

27

check

for

10%, of the amount of bonds/pay
able to the Village Treasurer, is
required.
z'Z
: -; -;z'•

may

ing such interest cost the issuer will take into ; consideration any
premium which any bidder offers to pay. No bid for less thhn $50,000
principal amount Of said notes or for less than par and accrued inter¬
est will be entertained. If only a part of the notes bid for in a pro¬
posal are awarded by the issuer, the premium, if any, offered in such
proposal will be prorated and said notes will be issued in denomina¬
tions in the order of the lowest denomination specified in such pro¬

posal; provided, thai one: note may be issued in a
tion than is otherwise specified.

smaller denomina¬

Proposals for the purchase of Notes are required to be submitted
in a bidding form approved by the issuer.
Unless the bidding form
Z

required for a particular issue is set out in the formal notices of sale
published elsewhere in this issue, copies of such bidding form may
be obtained from the issuer or from the General Counsel, Federal
Public, Housing Authority, Washington, ?5, D. C., or from Regional
Counsel, Federal Public Housing Authority, in the cities of Boston,
Massachusetts; New York City, New York; Chicago, Illinois; Atlanta,
Georgia; Fort Worth, Texas; San Francisco, California] Seattle,Wash¬
ington, aind Cleveland, Ohio.
VERMONT
.

livery will be considered. Princi¬
District,
/>;;■' Vermont Z / ZZ Z =. v' 'Z /..! pal and interest payable at the
Bond Offering—Harry G. Web¬ First National Bank of Boston.
ster, District Treasurer, will re¬ The bonds will be approved as to

ceive sealed bids until 8 p.m. on

house bonds.

ref.

legality

Oct. 8 for the

CANADA
Canada (Dominion of)
Bond Sale—An issue
of,

>

000,000

three

months

Treasury
Sept. 25, at ar
yield of 0.409%. Hie bills
are dated
Sept. 26, 1947, Due Or
Dec. 26, 1947.
A
1

bills

sold

was

on

average

•Z

:.-Z::z:';;} ONTARIO
;

^

.

Caledonia, Ont.

Bond Sale—An issue of

village bonds

was

$150,00(

sold recently

Bell, Gouinlock & Co., of Toronto
at

99.927,

Dated

from

a

Oct.
1948

basis of about 2.755%

1,
to

1947.

Due serially

1967, inclusive.

Gloucester

Township, Ont.

Bond Sale—An issue of $285,00(

township bonds

purchased

was

re

cently by J. F. Simard & Co.,

Ottawa, at 100.287. The bonds

Brandon Graded School

until 1 p.m. on Oct. 22 for the pur¬
chase ; of
$400,000 2% % school

..Dated Oct. 1, 1947.
Denomination $1,000. Due $16,000
from 1948 to 1$72, inclusive. Prin¬

ates reoffered the bonds at

Z;

by

Storey,

Thorndike*

Palmer & Dodge, of Boston, whose

purchase o£$60,000
bonds. Dated Nfov. 1, opinion will be furnished the pur¬
1947. Denom. $1,000. Due on Nov. chaser. No telephone bids will be
Hearne, Texas
J\
1, as follows: $2,000 from 1948 to accepted. Bonds will be delivered
Bonds Voted y^-'-Atya
recent
inclusive; and $550,000 in to the
election the voters are said to cipal and interest (A-O) payable 1967,
purchaser on or about
1968. Bidders to name oiie tate of
have approved ;the issuance
of at the State Treasurer's office or
Nov. 3, at the First National Bank
interest; No bid for le#S than par
$138,000 water and sewer im- at the Chemical, Bank & Trust
the

Publicly; Offered—Hal

Stuart & Co, Inc., and associ¬
prices
to yield from 0.65% to 1.25% for

sey,

1948

'(1 ■ z. 'Z"

Offering—President James

B. Boren will receive sealed

dated

are

WISCONSIN

Bid Opening Oct. 28, 1947

;

College Dist.,

bonds

approving opinion of Wood, King
and Dawson, of New York City
to be furnished the purchaser. The
second highest bidder was Barr
Bros. & Co., Wood, Struthers &
Co., Schmidt, Poole & Co.* and
Folger, Nolan, Inc., jointly, for
$1,000,000, iy4s, at 98.91, a net interes!'cost of 1.2896 %.
Zz
^ zJ

1948

Nov.

;

:

''Texas

The

Z-Z$16,478,000 i

::;.Z;.yz List No.,n :z;

1, 1947. : Inter¬
Oct. 1, as fol¬

Wichita Falls Junior

1.2704%.

Sept. 1, 1947. Due $50,000 on Sept
1 from 1948 to 1967, inclusive. The

-

''

^

improvement ; bonds offered
Sept. 15—rv.f/166, p. 1104—were
purchased by Halsey, Stuart &
Co. Inc.* Northern Trust Co., of
Chicago, and W. H. Morton, of
New York, jointly, as 1.30s,; pay¬
ing a premium of $3,099, equal to
100.3099, a net interest cost of

--

—_

Due

zZ' /v Lynchburg, Va. /■;,,
Bond Saie—The $1,000,000 pub¬

lic

Bonds

Federal Public Housing Authority

Local Housing Units Schedule Note

lows: $500 from 1948 to 1967, in¬
Bunner-up in the bidding was- a clusive, and $1,000 from 1968 to
syndicate headed by the National 1972, inclusive, optional) in 10
City Bank of New York, offering years. Any rate or rates named
a price of 100.184 for 2.10s, figur¬
must be in the multiples of % of
ing to a net interest cost slightly 1%.
The city will furnish the
.-■/'bigher.vm ■
printed bonds, a copy of the prcn
"• Additional Sale—The $1,650,000 ceedings, and the approving opin¬
road and bridge, series D, limited ion of any market attorney of the
tax bonds offered for sale at the purchaser's choice, and will de¬
liver the bonds to the bank desig¬
same time^v. 166, p. 1200—were
awarded to Rowles & Co., &nd the nated by the purchaser without
A certified check for $300,
National Bank of Commerce, both cost.
Houston; i jbintly, as 1.80s, at a payable to the city, is required.

j^rice of 100.657,

were

at

.

bonds.

inclusive.

1200—we: now

learn that the bonds

1200—were sold to the said group
as

Oct. 1 for

about 2.08%.

Oct.

22 issiie—v. 166, p.

Co., of
Sept.

our

Huntington), lows: $13,000 in 11950 and 1951;
:
$14,000 from 1952 to 1954; $15,000

It

j,: -•

of 100,3499, a net interest cost of

from

Wisconsin

from 1966 to 1968; $21,000 in 1969
and 1970, and $22,000 in 1971 and

until 6:30 p.m/on Oct. 2 for the
purchase of $15,000 not to exceed
4% interest water works system

J>m

the

"(Notes dated Nov. 18, 1947 and maturing as indicated)
the purchase of $40,000 • revenue
Local Authority
Amount.
Maturity !
bonds.
Dated Sept. 1, 1947. De¬ Bakersfield, California
30, 1948
$434*000
nomination $1,000.. The bonds will
Nov. 30, 1948
Oakland, California
3,653,000
bear interest at the rate of 6%
Nov. 30, 1948
Anaconda, Montana
•
378*000 ;
Nov. 30, 1948
per annum, payable: monthly" be¬
Providence, Rhode Island
4,482,000
Nov. 30, 1948
ginning on Dec.; 15, 1947, and on Chester, Pennsylvania
5,043,000 :
the
15th day
Nov. 30, 1948
of each. calendar Uniontown, Pennsylvania
1,980,000
month thereaf ter, and being calla¬
Nov.
9, 1948
Buffalo, New York ,/—-/■
--1,675,000
ble
Nov. 30, 1948
singly or in aggregate on Fort Wayne, Indiana
295,000
Sept. 15, 1948 or on any calendar Chicago, Illinois
May 25,. 1948
802,000
month thereafter.
-Nov, 30, 1948
Detroit, Michigan
;
12,028,000
NOV. 30, 1948
Detroit, Michigan
; 2,672,000 ;
■/'South Houston, Texas
I
Nov. 30, 1948
Newport News, Virginia
;
1,602,000
Bond Sale—The $100,000 water
Nov. 30, 1948
Memphis, Tennessee _____:
.
1,430,000
works and sewer system revenue
Nov. 30, 1948
Porstmouth, Virginia
: 1,511,000
bonds offered Sep& 22—v. 166, p.
Nov. 30, 1948
Darlington, South Carolina—
" 208,000
1200—were purchased by Emer¬
Nov. 30, 1948
Corpus Christi, Texas
757,000
son, Roche & Co., of Austin, and
Nov. 30, 1948
Alexandria, Louisiana __________
623,000
Rowles & Co., of Houston, jointly.
The bonds are dated Oct. 1, 1947.

the

the. Central; Republic
as

to

Milwaukee, reported in

Sept.' 15 by a syndicate headed

Trust

•Co., of Chicago,

bonds

water Z revenue

by Walter, Woody & Heimerdinger, of Cincinnati—v. 166, p.

Bond
Co., both of New
Offering — Mayor R. H.
Stroud & Co., of Philadel-. Forrester will receive sealed bids

/•

(not i $405,000)

1961; $18,000 in 1962 and 1963;
$19,000 in 1964 and 1965; $20,000

,

the

—

^

Bond -Sale Details—In connec¬
tion with the sale;of the $400,000

2s,

the" $415,000

—

serially from 1948 to 1970, in¬
clusive.
Principal
and
interest
"'irpadu-'
payable at the Harrisburg Na¬
■series C 1947 bonds offered for tional
Bank, Houston.
The ap¬
T
sale on Sept. 23—v. 166, p. 1200—
proving opinion of Vinson/Elkihs,
were/purchased by a syndicate Weems & Francis, of Houston, to
of

Rate

that

."V

—

:

>ws:

1949 tol953,

/

Cabell County (P. O.
W. Va.

,

Washington, Wis,

•

of the

Independent Sch. Di&t,,

^

Bond Offering

lic auction at 10

bby can b<

r.

"Y

soon

checlc for 2%
or Js required
J

A cer

City Housing Authority,'

Town, of Pecos City, Texas

J

.

VIRGINIA

WEST

Alton Hughes,
Secretary Boa r d
of Commis¬
sioners," will receive bids at a pub¬
*

Bonds

bonds.

/

s

legal

papers,.

sary

/;

Not Voted—The follow¬

_ _

Pecos

:

WISCONSIN
Port

■

ing bonds totaling $30,000 failed
to carry at the election held on
Sept. 8: $26,000 revenue, and $4,~
000 general obligation bonds, •
/

was

Tucker &

net interest cost of

Montesano),

Bonds

16

Sept.

purchased by James
Co., of Austin, and
of
Nacogdoches,- jointly, at par, a
C.

$3,000 from 1948 to 1952 lows;
/ ZizZ^Z; ;/>
).
$150,000

fZZ incl.

the

at

the Stone Fort National Bank,

-

Due on Dec. 1 as fol-

bonds.
lows:

authorized

election,,

follows: $2,-

airport

.

bonds

.

000 from 1948 to 1962 incl.

:v.'•;

f

Nacogdoches, Texas
!
Bond Sale—An issue of $200,000

incl.;

1951

to

1948

from

000

bonds.

revenue;

;' 31,000 police equipment bonds.
Due on Dec. 1 as follows: $6.-

(P. O;
Wash,

1

District No.
,

■:

Coutvty Water

voters

foilows: $3,000 in 1948 and 1949; pass on the proposed issuance of
$1,500,600 water plant refinanc¬
and $4,000 from 1950 to 1957
ing,
improvement
and
reserve
incl,

;

..

Texas
Expected—It

sioners will call a^h election in the

equipment

office

Harbor

on

McAllen,

.

bonds., Due

.

auth¬

orized.

reported, that the

incl,

38,000

was

Dec.

on

$3,000 from 1948 to 1959 incl.,
and $4,000 from 1960 to 1962

.

Independent School

District, Texas
; Bonds, Voted—At an
election
held on Aug. 31 an issue of $20,-

•

1958

from

Lindale

;

Due on
$2,000 from

50,000 grading bonds.

Mondays September 29/194'

—

incl., $4,000 from 1958

*0 1955

Z/,;
:-A>'

i

&FINANCIAL CHRONICLE

-the

-

dated

Sept. 1* 1947.

from 1948 to

PRINCE

Due serial^

1967,; inclusive.

EDWARD

Charlottetown,

ISLAND

Prince Edward Isl

Bond Sale—An issue

coupon

improvement

bonds

chased in July by

about

2.865 %.

1,00

_

.

was

pur

R. A. Daly &

Co., of Toronto, at 102.02,
of

o
ari

a

basi

The bonds

ar4

.

K#.CtC|4f^a5M*5CI^-

o£ Bofjon, ior Bostpn fnnds.l //

due.

on

Ji^ >2* < 1967Z

/
im

m