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MONDAY
*A-
r«l»-
:-:"'~
'■■
\
Reg. U. S. Pat. Office
New
Number 4731
Volume 163
Price 75 Cents
York, N. Y., Monday, September 6, 1948
Copy
a
General Corporation and Investment News
1i
RAILROAD
Akroii Canton & Youngstown
railway—_
from railway
Net
income-—
106,183
oper.
Net ry.
—V.
3,379,162
1,279.560
—
'
99,455
^
.
railway-
332,638
railway—
2,840,285
1.500.252
from
from
Ket
ry.
325,017
187,853
10.527,825
railway---—
-
1945 i
$1,698,818
578,688
plant
income
< f
oper.
9,186,390
1,843,150
8,145,532
966,581
194,893
1,015,840
stockholders
proposal
which
under
mendations
at
retiring
amount
the
in
2d,
Shane
The
,
that
of
urgent
the
the
"in
light
this spring.
now
.
in
which
It is used.—V.
the
and
products
the
r4;
Electric
if
construction
burg, Ind.
,
broke
Co.,
&
a
•
j,
new
plant
power
Michigan
with
Electric
construction
since
the
Service
Indiana
Co.
Corp.
It
Co.
sale of Cen¬
The
in
four
of
31
Aug.
company's
the
its
the company,
the
of
plan
comprises
200
>
are
Indiana
of
General
of 833,000. The com¬
than $120,000,000.
more
Service
Corp.,
has
Manager of the entire Indiana
of
American
the
\:Y. ;Y
Electric.
&
Gas
operating
two
properties
Indiana,
in
Mr.
further step in the integration plans
Electric Co.
at the
operations
the
which
System,
Securities
and
common
stock
the
in
Fort
Exchange
of
Commission
Indiana
Service
-
purchase
the
authorized
American
by
Corp.
,
.
Gas
&
1946, on condition that the transportation system
and the gas and water properties then belonging to
Dec.
on
18,
Wayne
Service
Indiana
V
be
Corp.
sold.
;Y:YY>^v'.Y^Y.v-.; .•-;Y
'
^
■•.■
.'■:
in April of this year to local
agreement was made to sell
the water property to the Town cf Churubusco.
The SEC has approved
the merger in advance of the sale of the gas property.
^vvX^";.
The
transportation
Interests
merger
in
Fort
was.
sold
Recently
an
property
Wayne.
discussing the merger, Mr. Sporn pointed out that it will further
huge construction program that Indiana & Michigan has under
involving the expenditure of $55,000,000 between 1948 and 1951, Y
including the addition of 368,000 horsepower to the company's electric
In
$55,000,000
the
way,
facilities,—V. 168, p. 737.
generating
land
of
acres
population
a
President
and
second
area
■■■
years
some
the
Mr. Sporn is President of Indiana & Michigan
of
as
<Ss
American
It3 service
order of the SEC, has the effect of
of American Gas & Electric Co. in its
comprises Indiana & Michigan- Electric Co.,
Appalachian Electric Power Co., Kentucky & West Virginia Power Co.,
Inc.; Klngsport Utilities, Inc.; The Ohio
Power Co., and Wheeling
Electric Co.
:_YY.'Y'";'
.•Y-'- YY-.'' ■
!''Y--Y' ■'
••
/
recently
acquired by the company and lies Just north of the town limits in
Dearborn County.
It will be known as the "Tanners Creek Plant,''
and is expected to go into operation in December, 1950/
site
operating
consolidation,
The
and its;cubsidiary, Indiana &
1 as the initial step in
to be located near Lawrence-
of
well
as
of
becomes
it
explained, represents one
The
will bring
360,000 h.p.
(275,000 kw.) additional to the company's generating facilities.
The
plant itself will cost $15,000,000 and the initial unit will have a
capacity of 185,000 h.p. (137,500 kw.).
which
program
•
the principal
of
one
merged companies
formerly
consolidation
Central
to be undertaken by Indiana &
part
Indiana.
northeastern
System
merger
two
Sorcnson,
concentrating
of
announcement
is
the
of'American Gas
,
This Is the first constructive project
shareholder,
the
Michigan Electric Co.
The
Sept.
on
Delphi
and
territory which has
a
assets of
Sporn
168, p. 837.
ground
Central
of
been elected Vice-President
has
company
stock of Indiana Service Corp.,
and in a number of smaller
common
Wayne,
the State of Indiana.
V.
Electric
commercial
the
of
completion
C.
*
American Gas & Electric Co.—Builds New Plant—
Michigan
,
Si Foreign Power Co. Inc. (&
American
'
Subs.)-—Earn.
1948—12 Mos.- -1947
1948—3 MCS.- -1947
Period End. Mar. 31—
$
$
Subsidiaries—>
of
29,762,949
113,748,738
99,771,398
20,148,023
93,206,194
79,087,141
5,301,706
revenues
25,483.833
24,461,243
Operating
lease of
Rent for
(net)
5,333,810
20,542,544
20,684,257
423
8,035
34,262
36,594
5,301,283
5,327,775
20,508,282
269,692
In This Issue
188,283
1,084,012
5,516,058
21,592,294
650,947
2,101,825
2,482,779
4,865,111
19,490,469
19,437,660
plants
?Y4-
.
.
»
Allied Stores Corp.—Consolidation—
Stock and Bond
The stockholders of Fashion Co.
that store with Allied Stores Corp,
have approved ft plan to merge
Each holder of Fashion Co. stock
will receive an equal number of shares of Allied Stores Co.
There
are
34,015 shares of Fashion common stock
outstanding.—V. 168,
i>. 437.
cymy
'••'.v;7ft.;*
-
Period End. June 30—
Consoli-
'
''
Profit
from
'
'
$1,879,429
j 110,686
operations-
.Depreciation
—
*3Balance
i $1,768,743 V $2,229,258
Misc. Income^—.
37,013
61,182
Diys. received from for-
elgn
York
Exchange
-36
Exchange—
36
Stock
Baltimore
Stock
Chicago Stock Exchange
Cincinnati
Cleveland
■
Los Angeles
—37
Exchange
Stock
other
$2,043,315
180,293
deductions-,—.-
Pfd. div.—foreign sub*J'rov. for income and
excess
Ket
profits
37
38
38
38
Stock Exchange
Philadelphia Stock Exchange
'NOTE—1The
been
results
in
-
St. Louis Stock Exchange
San Francisco Stock Exchange
24,393
723,176
.500,000
853,177
$964,179
at
statements
consolidated
official
rates
of
American Chain & Cable Co., Inc.—Earnings—
(Including Domestic and Canadian
v,
•
®
■
Cost
less returns,
of
1947
$27,930,365
23,770,764
22,506,094
Depreciation
Amortization
352,704
9,144
3,178,014
334,053
10,191
2,820,133
$3,792,154
639,316
$2,259,894
678,710
$4,431,469
$2,938,604
1,680,190
1,137,578
1948
;
—
of
of
—
equipment
plants, machinery &
patents
Selling, administrative
general expenses-—
and
Stock
prnm
■
Other income (net)—
—-
Total income
Provision for
Net income
Earned
Total
for
surplus
on
on
&
157,
p.
-
1
—
~i
-
—
——
Exchange
June 30
.—
—
!r„r'
$2,751,279
Dr73,85G
Cr209,994
4,534,225
4,335,537
17,381,927
17,476,125
190,212
216,905
802,357
4,394,013
4,118,632
16,579,570
16,617,257
4,394,013
4,113,632
16,579,570
16,617,257
6,732
29,971
100,238
119,303
4,143,603
16,679,808
16,736,565
638,634
573,824
2,580,041
2,566.064
871,188
868,688
3,502,999
3,488,953
2,706,091
10,596,768
10,681,543
adjustments
Balance *.—Portion applic. to min.
>.
interests,
equity of Co.
income of subs.
Net
!
40
&
Amer.
/
858,868
in
Foreign Pvtr.
Co. Inc.—
Net
Other
above)-
(as
equity
income
incl.
Int.
taxes
to
charges,
and
Expenses
————
amort,
public &
'
of
debt
disct.
&
exp._
—
13,816,769
whether
Investment News—Cover
Offering
54
dividend
earned or
requirements
unearned. -
applicable
to
the
respective
periods
1
1
General Corporation &
Redemption Calls and Sinking Fund Notices—46
45
•
St. Louis Listed and Unlisted Securities
The Course of Bank Clearings
Dividends Declared and Payable
Foreign
Exchange
Combined
$1,801,026
11,437,029
46
46
:
.
$15,735,974 $12,405,937i
-r
Federal
Statement of
Reserve
300 North 4th St., St.
of
Members
Y
—46
V
■
Auction
Sales—..
1871
Established
Federal
Member Banks
System
Edward D. Jones & Co.
46
Rates.——
Condition Statement of
Reserve Banks
—$16,568,048 $13,238,055
91.969
91,965 v
—*■,—
'
740,106
740,103 ..
—
j)f 9,758
4,400,743
Exchange
*Full
preferred stock-—^
stock
39
Miscellaneous Features
Condition
—
cum.
common
2246.'
Canadian taxes on inc.
period.i-
__L
sV
Earned surplus
^v-
—
——
federal
surplus, Jan.
Dividends
Dividends
——
-
17,266,131
Exchange
State and City Bond
"v-
cms*
2,171,529
17,455,783
519,816?:
493,462
public—
-
and discounts— $31,102,779
allowances
sales
2,034,686
4,345,295
Drl2,897
to
divs,
Stock and Bond Averages---^.—26
Subsidiaries)
Months Ended June -30—
Bales,
21,920,439
•4,596,822
*Pfd.
40
Exchange
41
Toronto Stock Exchange—Curb Section
43
Over-the-Counter Markets
44
Transactions New York Stock Exchange
_26
Transactions New York Curb Exchange___-__26
Toronto
$974,573
operations of the foreign subsidiaries have
$1,196,673 *
Curb
Montreal
2461.
p.
Stock
Montreal
$1,213,023
of
the
exchange.—V. 167,
24,498
650,000
——
included
—
-
..
$1,938,269
216.127
$1,644,459
180,280
•
taxes
profit—
$2,290,440
216,092
5,090,284
.
37
Exchange
Stock
Pittsburgh Stock Exchange..
Total -income——
Balance
-
,
Detroit Stock Exchange—J-37-;
212,560
—
480,691
36
-
237,560
subsidiaries
1,272,776
2,890,923
Boston
$1,880,805
>
57,464
$1,399,328
32,571
20,647,663
■
public &
Net interest to
Exchange
Stock
dated
$2,048,367
>167,562
Company
$1,507,954
Y 108,626
dated
$2,381,407
152,149
Company
(net)
income
5,570,975
(Stocks)15
(Bonds)
27
New York Curb Exchange
31
New
1947
Consoli-
-1948
YY-
Other
New York Stock Exchange
>•«K"v
»
Quotations
Page
American Bank Note Co.—Earnings—
;
prem-
American Cladmetals is concentrating on production of
Mcta\ a cladmetal
which has coppor sandwiched between
used
the
Fort
north-central
of
program
}
v<
the
in
in
Gas & Electric Co.
largest electric
includes all or parts
of 25 counties in central and northern Indiana, together with three
counties in Michigan.
The principal cities served are Benton Harbor
and St. Joseph in Michigan, and Fort Wayne, Eikhart, Marion, Muncie
and
South Bend in
Indiana.
The company
serves
83 incorporated
With
utility in
rolling mill installation with its electric motor apd
new
operates
subsidiaries
The 10-acre
on
proceedings begun n 194G when American Gas
the Securities and Exchange Commission for
petitioned
purchase
to
;; Indiana & Michigan Electric Co. is
levelling,
inspection,
Co.
communities
-
Y Philip Sporn, President of this company
opposed
is
management
stated
which
Electric
to the adoption of this proposal and.
the record of dividend payments and
modernization and expansion, and of the
increased requirements for working capital due to present high com¬
modity prices, the management submits that there appears to be
no
real practical
reason
to expend up to $40,000 for the purposes
set forth in the proposal."—V. 167, p. 2569.
\
;*
i
* ►
? V
T ' *' \J < '
1, "
' s 1
7#
include
Electric
permission
present,
product for
stock and/or the maintenance of current
full current earnings so long as any
the
will
The merger completes
&
received a
great number of inquiries concerning this new cladmetal from manu-Y
facturers throughout the country.
The copper inncriayer gives Rosslyn
Metal high conductivity of heat and cold while the outer surfaces of
stainless steel
provide hardness and resistance to corrosion to any
of
approximately $12,028,382 profits from the
tury Distilling Co. remains.
'
The expenses of
this committee are to be borne by
provided that these shall not exceed 5 cents a share. ;
of
part
'
bined
is
will consider a
a
t
of stainless steel.
The company has full rights to the Kinney
process by which many dissimilar metals can be permanently bonded
together without adhesives, welding or electroplating.
Rosslyn Metal
not more than three persons selected by
committee to study and to submit recom¬
stockholders' meeting on the possibility of
capital
the
of
part
dividends
H.
\
layers
a
1949
the
William
by
department
new
shearing, packaging and shipping facilities.
by railway and trucking facilities right
plants
Rosslyn
and
appointed
be
are
Shane
Mr.
to
him
Meeting Sept. 15—
yearly meeting on Sept.' 15
the
at
submitted
be
to
%
places, and
At
Commerce
Allied Mills, Inc.—Annual
The
v1
uj
drive are already installed.
The company expects to have its
mill ready for operation during the fall.
The power station
being completed by the Duquesne Light Co. and the heating furnace
fired by natural gas which is auxiliary to The rolling mill is being
made ready.
Tha company's cladding department at Wilmington, Del.,
.
•;
'
served
was started
■
'
is
Commission has permitted the corporation
to modiiy the terms of a $15,000,000 promissory note issued to The
Chase
National Bank of the City of New York.
The new interest
rate on a portion of the note,
under the changes proposed by Alle¬
ghany, will be V* of Yk more than the discount rate of the Federal
Reserve Bank of New York—now 1V2%—and will be changed as that
rate is changed. The new interest rate is to be applied on the portion
of the note for which the United States government obligations and
cash have been pledged as security for the loan. This portion amounts
to $6,108,000.. The
interest rate on this part of the note has been
IV*% up until the change now put into effect.
•
On
the
remainder of
the note,
due
1953, the corporation has
been paying
interest quarterly at the rate of 2V%7o a year.—V. 168,
p. 541.
y
;<• v-n,Yv.
■
,
being
rolling
Alleghany Corp.—Modifies Promissory Note—
Interstate
i V
facilities
heavy
168, p. 437.
The
,j1 -« )
.
...
The
12,783,047
4,706,680:
881,264
is
the
in
pattern sheet
138,827
52,072^,
>
.department
ises.
v
1—
Jan.
From
Gross
—V.
-
income
oper.
net
—-
finishing
Operations
1946
$1,190,061
,193,966
1947
$1,335,750
$1,650,237
" 535,481
railway—Y
from
from
net ry.
.
& -"1948
'
July—
Gross
net
'
'5
f
new
installed
at
the
company's plant will be started Sept.
15,
according' to Robert W.
Russell, executive in charge of the company's construction program.
The Carnegie, Pa.,
plant of the company is the only one in this
country
devoted exclusively
to
the production
of
cladmetals,
the
bonding of dissimilar metals together.
Alabama Great Southern RR.—Earnings—
•
'
V
Philip Sporn, President, on Aug. 31 announced the merger of Indian®
Corp. into Indiana & Michigan Electric Co. r::'Y..;
Service
American Cladmetals Co.-—New Department to Start-—'
The
360,498
'
"
,
I'V
2,797,753
879,889
467,048
income-*-
oper.
168, p. 541.
2,197,503
359,311
3,007,603
966,035
651,154
-
railway
12,981
^
1
«
railway
from
from
Net
35,049
32,908
From Jan. 1—
Gross
$333,592
50,426
MISCELLANEOUS
-
Completes Merger of Indiana Units--
Bootes, formerly District Sales Manager—New Ycrk Sales
District, has been appointed Assistant Vice-President.—V. 168, p. 541.
1945
$354,965
75,861
•
INSURANCE
-
Henry V.
1946
v
$396,482
86,997
$494,040
203,440
from
Net ry.
^
INDUSTRIAL
-
Amet>fcan Car & Foundry Co.—Official Promoted—
RR.—Earnings—
1948wy? 1947
July— ■
Gross
PUBLIC UTILITY
-
46
.
;
•
■
New York Stock Exchange
St.
Louis
Stock
Chicago Stock Exch;
New
Louis 2, Missouri
York
Curb
Exchange
Chicago Bd. of Trade
Exchange Associate
:
Phone
CEntral
7600
Bell Teletype
'SL 593
i
.
i
11-
%
"V
2
subsidiaries-'
Income fr.
Other income
and
Iiit.
and
■
2,580,041
2,566,084
3,512,139
3,509,253
$988,354
$7,373,793
,
871,933
$920,633
MARCH.31, 1948
BALANCE SHEET,
$7,312,873'
" ',V
7
/
■
and advances — subsidiaries, etc.,
$505,672,280; cash in batiks—on demand—U. S. currency> $3,713,110;
U. S. Government securities ($1,760,000 principal amount) (at cost),
$1,760,017; foreign currency at current rate of exchange, ,$135,350;
accounts receivable, $94,849; interest and dividends receivable, $2,635,097; "Other current assets, $2,894; deferred charges, $6,123,348;; total,
ASSETS—Investment
$520,136,745.,,
securities
7y7'.'" 7-vJ.:' >
■.'.•
,
_
-
'."7,
due
needs
Subsidiaries—
•
;
,
ton,
37,521,916 170,860,089 148,619,889
16,730,180
3,740,413
4,805,603
3,170,828
14,421,656
19,326,046
12,206,741
3,135,578 '
2,820,567
12,061,827
10,427,3147
103,348
9,994,738
39,916
42,898,797
240,427
40,866,783
204,538
10,034,654
43,139,224
41,071,321
2,648,525
10,843,780
taxes
retir,
reserve
depl.
7-7.-
and
approps.
-•
1:
11,245,903
5,647,396
19,945,380
finATine
r.n
'
,
oper.
t
(net)
r
to
Int.
10,530,662
—-
public & other
(net) r-7-
167
a •
of
plant
.Balance
Transfer
.
to
res—
divs.
public—
Balance
to
■
11,166,530
7,194,327
1,293,582
,
Bessemer & Lake Erie
"Nprf-.'rf
construction
on
during
the
and .the
war
uncertainties
1 i ^
>
-
•
7.
-
from
equity
friends
30,001,890
684,951
29,316,939
5,080,248
27,567,537
1,253,410
of
Israel
;Ann Arbor
throughout
from
Net
from
Net
22,392,528
294,876
33,939
173,154
United
the
V
ry.
from
5,727,591
sUfplus——
ry.
5,550,855
17,548
Gross
Net
•,
,
,
COMPARATIVE
'
,
*
134
23,941,949
393,400
•22,434,454
461,006
-
744,019
and
INCOME
OF
77
(COMPANY
-V. 160,
';VV
1948
■7-;:77; 1947
$13,971,684 $11,948,589
__
.7'.-j7'';i34
176,671
.
I''.
1
v ':
7
1945
-7.
$12,834,399 $11,007,295
p. 837.
Charge-
77
,
7■:• i'7''V'•
.■*
——
;
.
Grocers
Tower
Corp;:: below.—V.
168,
Co., Detroiir—Refunds
states that, it obtained,
58,886
Borden Co.—Sales
3,451,097
7
3,616,870
870,203
444,059
369,665
7
— —
-
—
,
..
843.
p.
Loan-rThe
(
com-
a
Higher
-Earnings Off—
'77/,.-^1948
79,508
Sales7—-7—
Estimated
States
as
Trust
Co.
of
New
has
been
G.
-4
1947
<■
;
,
•
charges
and
taxes
309,819,906 290,890,656
. ■
■
f
.
9,000,000
9,97^,000
$2.10
'*
-r—
$2.36
President, predicted that earnings for the
Montague,
will show
1948
an
obtained during the first half.—V., 168,
appointed
agent and sinking fund agent of the first mort¬
trust 6% sinking fund bonds, due April 1, 1936
called
after
income
second six months of
improvement
p. 247.
over
1
v
results
the
;
^
Boston & Maine RR.—Committee to Investigate Plan
redemption agent for the 6% bonds, due April 1, 1948, which
for redemption on April 1, 1946.—V. 167, p, 2358.
.
a
net
Theodore
Fun<J Agent— 7^
York
——
IM approxV) 7^7^.77
Earnings per share-
"r~b'iy:i7;V
437.
p.
United
the
7
A
protective committee has been formed to investigate the new 7
plan of the B. & M..
William T. .Skinner, Jr., of Walter J.
Connolly & Co., Inc.; of Boston, is organizing the committee in order
that: concerted action may be taken for or against the plan when the."
,
stock
finding are announced..,-77:- >7':':::;7;777;,7-;..
be voted on by the stockholders it is
necessary "to secure the approval of the ICC.
It Is anticipated
that it will be of great interest to all followers of the B. & M. to see
wl^at the effect of the protective committee will be on the approval
or disapproval of the plan provided it is passed by the ICC,—V. 168,
p. $43.'
•
■
results
the .committee's
of
Before
any new .plan
can
first
on
common
sales
of
Gross
sold
profit
Other lncotme
Total
$11,147,696
10,288,601
—————————
goods
on
sales
$859,095
(net)
income
v
$943,700
129,853
29,976
—;u_—7-
,071
$1;073,553
177,581
157,030
17,014 7.7.7 $,319
150,000
108,000
•
Admin., selling and other expensesInterest expense toet)
Provision for depreciation and depl.
Prov. for possible future decline in
inventory values
t
7'
'
July—
Gross
Net
from
71948 7
i'iXX.y77'7:777777777;
.-v
from
Net ry.
railway—7————7__
income
1946
for
loss
ducted from
on
amt.
future
to
be
»
Gross
7 47,961
from
Net
ry.
—V.
304,840
1,394,419
€51,131
,274,815
income.
1,084,535
7 440,421
174,927
D.
profit
per
——r.——.77 $337,576
share
7
:
$0,37
common
167, p. 2682. 7.7
7
.From
1948
244,218
7
69,100
From Jan. J—
Gross
from
Gross
from"
1—
'
6,282
7""
4:
$358,680
49,024
9,1597
1945 7
,150,081
33,951
2,247,782
v
7,,; 31,621
3,182.172
1,032,376
7 217,500
yt;
railway—
•Deficit.—V. 168, p. 542.
$0.70
2,297,075
v
158.017
257,052
•38,904 i
T
67,789
AMPAL-American Palestine Trading Corp., New York
—To Sell $10,000,000 Debentures-
^AHnouneement was made Aug. 31 by the
corporation of the flotation
1
and
make
available
funds
stated in
for certain
,
in
the State
cooperatives
for
available
the
as
loans
purchase
of
to
transportation
automotive vehicles,
and
;
July—
Industrial'
machinery and
2,632,117
railway!.——
"
„
1
$20,497
,7
income—
52,123
.
25,606"
..
398,027
i,945,375
:i 2,003,625
550,-817 1
2,215y123
482,228
•
744,844
S .391,347
177,934
50,943
•
,
Burson
KriittlngtCo., Rockford, 111.—Acquiredp," 15047*
California Water Service Co,
Statement of Income-^*
1948
i947
-
'
3,9)8,224
$4,607,140
3,520,305
$1,044,375
revenue
$1,086,834
$4,960,600
;
and taxes
.
66,886 •V 77:13^5»J
Balance before deductions
Net
*
£$£&
$1.1:00,094
$1,111,261
443,"561
,.447,018 :7
$664,242
7 152,902
income
Dividends'
\
Gross from
.
1948
railwayi—
railway———
$699,528
271,724
Nef ry. oper.Mncome—
1947
149,144
Net
from
.
■
-
,
1946.'
"
1945
$668,178
7 $628,379
246,080
179,757
64,745
4?,022 !
.
•.
From Jan.
i—
■■,,
Gross
Net
frpni railway.
from railway.^
Net ry.
p.
5427 "
-
" J
'•7
•'
• •,
6,109,789
"
oper. income—.
—V. 168,
7- i
—V; 168,
• 2,388,822
1,208,066
1,240,780
'
-*.?,* t'y-"
-
p.
843.
$51L340
$503,629
152,902
:;77:!7,r
•■" e
A
7
~
railway..
railway.—
aperi -inceme.,
July—
Gross from
;
Net
Net
ry.
1948
1947
$130,144 7;
.32,150
from
'
>
'
83,038 '
,
t
7
7
1946
$113,650
$144;295
•18,744
54,402
15,769
.
;,
;
83,467
1945
$149,587
r
62.248 !
52,110
;From Jan. 1—
.
5,386,220
-2,'517,258
'preferred stock—!
$656,533
Cambria & Indiana RR.
278,354
$588,877
210,549
on
Balance
Beaumont Sour Lake & Western Ry.-
.
,,
made
99,375
Operating income
Non-operating income
"
of Israel." Of the $10,000,000 total, $5,000,000 is to be made available
for mortgage loans in connection with construction of
lew cost housing
in urban and rural areas. The
housing needs in Israel are very great 1
in view of the
backlog of wartime demand and the substantial immigratiou.how taking pl.tce and even larger immigration in prospect.
(
It is contemplated that out of the proceeds a total of
$2,500,000
be
154,606-
64,155
7 77- 1945
$404,124 : $314,727
124,753 "7 7 85,708
$394,038
Beau Brummell Ties, Inc.—N. Y. Transf. Office Closed 7
The .appointment of the tran3fer- agent-dn New York Gity vwas
terminated as at the close of business on Sept. 1, 1948. Hereafter, v
the cflipital—Ptookt-par -value $1. will be * transferable at The Fifth ;
Third Union Trust Co.; Cincinnati, Ohio.—V. 164, p. 551.
♦
improve-
'
;
168, p. 438.
Operating
7
,
I
toe prospectus is "to
enterprises
77
railway,.
oper.
t
$395,199
•
i>1940;-
7! 1947; 77.
J948 I
"
^140,692-
>
sinking fund debenture issue, the proceeds '
be made available for development of .Israel.
This is the first,new f
investment undertaking to he initiated since Israel
was
established <■
on
May 15 this year.
The securities have been registered with the
6EC and distribution is now
being undertaken.
es
•
"
42. ?
p.
Deductions;
3
to
The primary purpose of the issue
168,
7; T2 MonthsEndedJuly 31—
7! Baldwin Locomotive Works — Westinghouse Electric
j;
Corp. completes Purchase of 500,000 Common Shares — i)
See Westinghouse Electric Corp. below.~-V.168i p. 643.
;V.:;:V7;
ota $10,009,000 10-year 3%
B.
JSee Kendall Co. below —V, 155,"
"
2,657,447
Net from railway.
' -485,000
Net ry. oper. income-— ; 7 m .651
$810,408
$0.38
A.
$443,174
"
62,194
♦7.
ry.
—V.
71946
1947
$321,313
from
Net
41,618
railway—r- 7:^
oper. income—
Jan!
i
Net from-raihvayu.
Net ry. oper. income—.
i-.t,
$352,444
7
from
Net ry.
Cr65,000
303,785
$3471364
announoed toe
30
and
and facilities.—V!"
property
Operation expenses
Earned
Aug.
on
J.
Burlington -Rock Island RR.-
852,068
v
"
.July—
Grqss from railway—
Net
.
July—
Net
$2,436,430
$45308
7
58,919
533,112
the
Gross from railway.—_
railway
oper.
168, p, 542.
of
lents
ments
7; 14,223
'
AUanta & West Point RR.-
de¬
206,900
of
agreement get ween the corporation and certain banks.
7 Proceeds will be used for ...the. company's .construction-and
Proi
$147,412
7, .41,;649
15,654
39,133
:
from -railway.
Net
150,000
rentals—7—
Provision for Federal income taxes.
7
$137,306
80,168
railway!-—_«7-_—
oper.
$947- 7:
$189,857
7
From Jan; 1— ',v':
$2,208,648
227,782
150,000
company
000,000
sudden
Atlanta .& St. Andrews Bay Ry.—Earnings—
■
$9,437,021 $38,324,190
8,493321
36,115,542
.
purchase for about • $3,Spfeckels Co/s interests in following
fiVe sugar-plantations: the Hilo Sugar Plantation Co., Hakalau Plantation Co.; Hui;chii>£on Sugar Plantation-Co;, "Ttilauea Sugar Plantation
Co., and the Paauhau Sugar Plantation'po,—^V. 157, p. 861.. .
This
stock at
'
-3 Mos. End. June 30-12 Mos, End.
1948
1947
-June 30, '48
Honolulu^Acquisitions^
so far this year have not been satisfactory due partly
to
ahd severe drop in prices in February, a 10-week strike
corporation's larger packing plants; and in' recent weeks, such 7',
Buffalo.Niagara Electric Corp.—Would Borrow—
severe competition for reduced livestock
supplies that livestock prices 1
The corporation has asked the SEC for authority to issue not more
have advanced far beyond levels warranted by the . selling price of
These
than $5,000,000 of Vfofy promissory notes, due Dec. 31, 1950.
meats, Mr. .Eastwood said.—V7 167, p. 1142.
7
" ^ ■ v ,
; notes" would 'be issued under provisions of an amendment to1 a loan
•
Period-
(C.) Brewer & Co., Ltd.;
-.
at !the
,
7
■.
•
••; "*v'"7 /
'■ 7" ,-''-*7" .7
7-'i'
'•♦ 7-,'77 •' "'7s 7\7.r''v''7
Amerkan Zinc, Lead & Smelting Co. (& Subs.) —Earn.
.
(111.)—Omits Common Dividend—
Results
a
on
,
will
$643,089
239,678
.
119,363
12,305
4,367,061
825,513
314,770
487,978
income--.
oper.
168',
;The directors
,7
has instructed
and after Oct. 1,
common
stock which
is
obtain
'
$521,946
53,052
Sept. 2 deemed it inadvisable to declare a dividend
this time, according to George A. Eastwood,
Chairman.
Distributions of 30 cents each were made on Jan.
14,
April 14 and July 15, this year, which were the first payments on
the' common-stock since 1937'.
'/:7V777'7(7:777:77 '7;""77":;''''>7
its transfer* agent to make a charge
1948, of 40 cents for each certificate for J
its
issued
by said transfer agent against
certificates for <the stock which ate presented for transfer!
Until
Oct. 1, 1948, no charge will be made for the issuance of certificates i
for the common stock against transfers.
7
:
It Is also announced that no charge will be made in connection with
the
issuance of certificates for the
corporation's preierenoe stock
against transfers.—V. 167, p. 2785.
777:77 7. 7;77':
7 7:7;777 ;
effective
'
•
$4,835
^
-
American Superpower Corp.—-Transfer
Net
:
$578,254
$275,977 7; $151,887
7
• -
,
Six Mon ths Ended June 30—
1.073,742
Armour & Co.
,
on
:
Tim corporation
—V.
"$759,416
$2,000,000 mortgage loan
from the Mutual Life Insurance Co., New
York, in coilnection with the redemption on Aug. 1 of the first income 3s-5s, due 1952.
"
>
■ ■
—
income
Prov.
/:i
-
Consolidated
pany
Arizona Edison Company, Inc.—To Offer Stock—
,
Net
1947
••
$4,254,536
'-3,676,282
),230
—1--"—- -"$807,998 "
7. " $807,998
income
Book
The company on Aug. 25 filed a letter of notification with the SEC
covering 24,000 shares ($5 "par) common stock, to be offered at $12.50
per share.
Underwriter, Refsnes, Ely, Beck & Co., Phoenix, Ariz.
Proceeds will be Used to partially repay bank loans and to provide
funds for the construction of,
additions and improvements to, the
company^, properties.—V. 1-68, p. 738.
77;7:7 77777v7>.7',%7'/ "7'7
ONLY)
-
Cost
1948 77,
income
See
7
21,316,489
$13,971,819 $12,125,260
Expenses, inck taxes other than income taxes7_ * -393,400
461,005>
Income taxes
-744,019 ,>
656,959 .<
■
a
—___7_..t.$4,939,646'
.
Total
Net
1946
$515,374
79,105
22,215
5,055.997
paying agent, fiscal
gage and collateral
656,959
22,804,530
-
.
Earnings—
•
'
4< 7
• ' 'V
f
.777 f •. <«%
;'v 7'-»■•:?■,7:;77,£•:;l>7:7.-v...-.;7
Blair Holdings Corp,—Acquisition Clarified-
^
„
STATEMENT
subsidiaries-—
from
1947
A. P. W. Products C6., Inc.—Sinking
176,672
•;7 :
5,568,403
88,981
170,220
5,425,933 7 5,309,202
12 Months Ended June 30—
Income
Other income
nn
.
1,807,2017
2[o75)233'
y $541,153 ;: $403,411
Dividends on $3.59 preferred7stpck__7
: : ■
:7'.7161.342777 101,342
101.342: i ,7
Dividends^ on common stock—'—7-7777.—7-7- 7/ 163,834
7
>150,182
22,257,782
23,941,815
,
requirements applicable to respective periods whether
unearned.
r*ati
10,764,961x
■
•
railway
Net
22,257,782
—V.
5,727,591
dividend
6,744,453
7 349,452
Tottil fntorest; and' qther deductions—— .266,845
266,845 ;
are ■Interested;; and
States
$593,725
;
7;!'" 100,705
'7
from railway
were
or
7
208,720
Income---
oper.
The
•Full
'
■
f1 "II41S u<,,,u
r
^
:: 1348 :v"
$780,611
railway—7-
railway
From Jan. 1—
Gross
134,746
23,941,815
5,550,855
5,727,591
Expenses •' 77—-—7-7—."'•>•■ 114,026
Income taxes —-.-77.7
187,632
earned
7{-:
*
RR.—Earnings-
Net
—
Balance,
846,876
13,999,8617 I2r220,611
5,633,788" ; 5,007;682
48.582,..
.
;77>
July—.
Gross
5,175,009
24,236,691
5,584,794
income
Total
1945
848,23:)
611,606
872,635
.
<
28,304,486
736,949
'•'5
above).
(as
1,053,55-5
railway-—
rrmi
:
-
$2,188,482
.
C,; ^ Chairman ; j Albed't- -K, Epstehi! Chicago
Seidel. Vice-Chairmari; Louis Segai, New,;
.enthusiastically
Amer, Pwr. & Lt, Co.Net
$336,672
..
'
Net equity.' of co. in inc.
Of subsidiaries 1—
Other
$560$76
RR^Earnings-
l2 Months Inded June 30-~
Totalroperating revenue—
* ODeratine iexDenaes and.\'t*xes7_77_.
_
vestors."—V. 167, p. 16S0.
Portion
applic. to min.
Interests -77'—-7—7--
'
V $196,229
!. ;■/'
v
<
•
$5,011,954
.
$4.79
*1'*
7
rf»j1.t^|»«.Ujirn
7
I
' .1948 - - .-7- 1947.77. 7,1946.
$2,929,806; $2,374.2847 $2,082,472
1,254.295
" 1,622,230
1,070,554
.
income—
oper,
From Jan. 1—
Gross
$2,559,302
777<> $2.42
"■> 7;"7
July— v •
' ; 7.
from, railway——
Net, from railway———
ry,
•
77; -77) 7 ; 7
^
r
•:
willing to translate their, confidence into a'eal investment. and this
first flotation, I am sure, will be readily sold.
I am convinced that
over the years Israel and its various ecouoinic7activibies Will not only
V serve to spearhead the economic development
of the ' whole 7 Middle
East but will offer excellent investment channels for" American in•
6,838,204
.
5,900,745
————
1,600,305
2,293,554
-
6,937,363
149,159
7,259,455
65,128
surp.
Balance. 7—^.■-7-
♦Pfd.
398,766
573,161
''
Gross
Net
^
43,297
73,660,-000
:
acquis,
—-
adjustments
7
'
Balance '_77_—
and favorahle. The .economic potentialities of .the new State have, been -h.
described by many authorities.' I am confident' •dihafc'.v.V-^rV.'1 :l67ft"pL.2570.
;f.'
;
2,698,046
C .'17 .7
7
$309,116
'
2252'
d
$8,715;25l
4,174
1
*/;i.
-
-
deductions
:v
Amort.
■'777;--7
;■'.■•
amortization
;
'
:
income
Gross
■
^Aftfer depreciation &
.i,:
~
/—v
_
f
revenues-
'
,
-•'•
tSo'lonrtA
Net
Other income
;
7; 7'
iti^lax i"f 7368*7!1;874;Q00;>t(i99fj66
Fed.
7: •Net profit
$900,550; $2,565,!208
7,— 7_L:
~ "T
Net profit earn.' per shu /•*• • $0.85.
$2:45
>"
•
Dickenstein,; Secretary-Treasurer. In addition to these off!
cers, the •board of directors includes Isaac Ham)in; New Y6rk; ©enjamin,
R.'Harris. Ohicago; Haroid J. Goldenberg, Minneapoli&;. Mayer Hiken,
Milwrn kee; Morris Schaver, Detroit; Ralph WechsIer, Harrison,7N. J.,
and Charles J; Rosenbloom,^Pittsburgh, Pa.
7, 7 >
>77' ' 7 >7 \ • 7;;.,';,
In-announcing the new issue the Chairman of the board of directors, Edmund 1. Kaufmann, stated:7' 7'. 77777;7»'7 V>777777:)
♦'The investment opportunities and ^requirements in Israel are large
64,975,316
81,532,429
,
$3,762,476
21,648
expense
Abraham:
7',,.X
;
43,825,468
-
—
Prop
$■7
;
D.
Herman
1948—12 Mos.—1947
'
,
20,874,767
Operating revenues
Operat.ilJg expenses
Federal taxes 7,^_
Other
•'7$;'-
7,7$
,
llQPrt
ovo
.'position., of, Its pew* bond Jtesue.. ; j.
v 7 : 7. ■''
Officers of the corporation include Edmund I
„
•
1948_3 Mos.—1947
Period End. June 30—
jMvmftra.ffirini
ments" in
Aug. 26, 1948, the System -iputs
COMPARATIVE STATEMENT OF CONSOLIDATED INCOME
7
,
.
.
.
prevailed in .the immediate .post war period, investment' require,the State nf Israel are now very greats In view of these
and opportunities 'AMPAL anticipates 'fheyearliestvpossiblevdls- ■
which
of subsidiaries
or this company amounted to 243,864,000 kwh., an increase of 30,164,000
kwh., or 14.11%, over the corresponding week of last year, - : /
;
ended
week
interest
Prorr for
by^Hhe >ot^oraClon ata ;»sed to finance-
Economic Corp:;
Palestine
the
restrictions
the
< ^ottd'inctmie^-llil-!/■• $42683507'$4,4630,8571
4,352,081
Co.—-Weekly Input—.
American Power & Light
For
expense
derating profit- 17— $1,181,855
Purchase * discount
etc.,
7
income
'————-7
86,695
7-; y~" iT".")'" :,>-'.-,;7 71 .■■<,'■7
purchasing and sale&-organiza¬
tion. -Palestine Purchasing Service, ; Inc.,
e New
York corporation.
Palestine Purchasing Service, Inc. has placed orders for over$7,000;pO0
4n the 1/nited States in behalf of various Israeli companies :and. organ¬
izations -in the fiscal year 1943.
It-handled..over $2,000,000 .worth ,of
•shipments to Paiesttne in the fiscal year 1947.
It serves as a purchasing organization for most hi the large ^cooperatives 4n- Israel and
for many of the privateiy-owchd industrial eslabiishments. there. /• :. 7^
Immigration, into «Palestine has been. (proceeding 7at' i? rapid • rate
allotment
$7
.
of
Selling!
,
of. equipment and\ materials in the United States.
In
facilitate this activity AMPAL owns and bperates jointly
to
with
stock (consisting of 478,995 shares of $7
387,026 shares of $6 preferred, 2,560,436 shared of second
series
funds loaned
the
purchase
order
certificates, $480), $393;940,452; gold debentures,
2030, $50,000,000 3 76 notes, payable (Electric<Bond &
Share Co.) due serially, $30,000,000; accounts payable, $3,102; .accrued
accounts, $2,433,717; miscellaneous current Mobilities, $572; deferred '
credits, $21,211; contingency reserve, $1,625,000; earned surplus, $42,112,691; total, $520,136,745.—V. 167, p. 421.
7
'7. .7;,77;v'■
5%
cf
Most
the
preferred series A ($7), 2,230,238 shares of common stock and option
warrants
(without expiration date) to purchase< 6,495,494■>shares of
common stock for $25 a share, and capital stock subscribed .(preferred
stock
Ket sales
•Cost
,
LIABILITIES—Capital
preferred,
1948-^3 MoS.—1947.t
period End;, June 3C-r-
,
of debt
expense...
surplus---—
Balance,
573,824
873,146
638,634
„——
amort,
disct.
119,308
100,238
charges,
and
incl.1; taxes
,
$2,435,324 $13,465,973 $13,388,190
.
Bendix H*mc Appliances, Inc.-
,
.
The corporation
$13,365,73$ $13,268,382
$2,405,353
!„• 29,971
$2,431,200
—
and various
'
$2,424,468
0,732
r--
Total
the U.,S. A, The balance is scheduled .to;,be used forpublic
construction.activities,. 7, i. ,"7
'
>. j
is a. New York .corporation organized.-in 1942 under
the stockj corporation laws -of "the State of New York; Its .principal
olfitie iis* at 386 Fourth Avenue, New York City. The Corporation has
>over 78,000 preferred stockholders throughout the,.; United States .and
currently nas gross assets in excess of $3,000,000'. Dividend '.payments
have bfen made annually to -.the' ■preferred stockholders.
/-:■ v
;
The corporation; makes its funds available, for Israel development ^
through- American organisations, thus avoiding the complications aris-. ,
ing out of exchange controls 'and cut of direct foreign" .investments.
The funds »f the corporation have been invested thitrngh-the<Amerfcan ^.
organizations "which in turn have, been making the' proceeds' available J
through..their beneficiary agencies hv Israel.Repayment;i®r\7k)an^7
made in dollars by these.American organizations lhrough their.vartous ;
fund-raising activities. Some of fheloans have been -of a Short term' ■
ave
nature.for one year or less. Others have extended for 'as long ji period ^
extended fbi' as long a Per"y*7
;
as
ton yewrs.
Payments of Interest and repayment ^instalments >on
• *
principal have been met proinptly in the past -without. exception.
works
1948—12Mos.- -1947
1948—3 Mos.—1947
,
Monday, • September: 6, 1948 % *
ft'*
,
parts in
STATEMENT OP INCOME (COMPANY ONLY)
Period End. Mar. 31—
Expenses
& FINANCIAL "CHRONICLE
THE" COMMERCIAL
1938)
'
^
5,613,956
2,808,937
1,175,787
•
,
6,384,368
3,2'70,609
683,8617
"f
"
Gross, from railway.!
795,539
? railway!.!..! - • 180,790 XTet ry; oper. income.!!: ;7
Net ry; oper. income.—- 7. 234,114 7;
Net .from
>beficft!—V. 165,
p.
5427
724,786
961,002
7
•19,590
116,767 1
369.056
-
239.177
340,197 I,
348,810
926,284
168
Volume
Number 4731
y
THE
Canada Wire & Cable Co., Ltd.—Earnings—;
Months Ended June 30
from Operations-,.—
provisi'on for depreciation
provision for income taxes—
'V 1
',/
Six
Central Illinois Light
1948
;
Profit
Period End.
L.1947 'V
$1,911,000
$859,000
161,000
Gross
v
925,000
^420,000
•"
J<;'
Earnings-
June 30—
Quarter Ended
33,300
milled-,———————
production
(gross)
Marketing
Operating costs
—.
Administrative and general expenses—,
provision forataxes-^ju—2———--
87,043
$327,894
2,688
.
260,291
3,338
265,979
the
9,010
1,551
3,036
$28,077
period—
Juiy—
.■
"
railway——
from
Net
ry.
from
from
Net
;
*47,881
16,632
*105,467
*47,743
railway:
Net ryi oper;
income—
"Deficit.—V.
168,
1.242,300
*•316,964
*691,034
*318,327
*733,298
" 1948
to
from
Gross
Net
railway——..
raiway—1—
from
Net ry.
$348,276
45,206
$309,067
*13,426
income.—
oper.
from
-raiway
raiway—a—
from
Net
Net
issue
$537,993
22,528
*36,957
197,520
*60,772
*115,242
8p,120.
3,719,237
3,507,022
953,888
293,404
225,873
3,212,174
1,667,244
*27,483
911,434
•Deficit.—'V. 168, p, 542;
the
riilway
railway—"
income.—
Net from
$207,514
•-*9,337
Net ry. oper.
Ffoni Jan, 1—
from
Gross
1947
$155,882
$126,708
*87,02.9
,r
*321,717
1,218,644
"322,762
*80,535
*730,753
*737,041
,
915,919
•
Period
it
Grogs'
desirable
that
$
they
whl
$
$
190.646,588
178,546.285
—V.
1C8, p.
1^958,491
1,765,012
f43.
.
expenditure,
and
of
Cost
of
less
goods
Selling,
'
discounts, returns and
a
sold
operating
profit
Income credits
I,y45,ll8
programs
■Total
1,018
10,040
$1,180,029
$45,378
18,040
cf
$35,338
•.
19,222
j
Income
-,■
-
charge
Provision
for
—
__—.————_—„.
Federal
income
taxes—curr.
$2.60
(30,000
convertible
shares
Earnings
per
~^-V, 166, P.
preferred
Period
bonds
share
V-
by
'
U——.
959,915
^Deficit,
1
NQTES.-^Qperations for the
the
effect?
of
for
Power
weeics' shutdown
of
months ending July 31, 1943, re¬
April 8 and ended May 12..
for
1947
have
been
adjusted
to
reflect
made
in
Net
3/fe; debentures
be
made
York,
due
the
at
N..
called
Oct.
office
Y.,. paying
the
that
(Including
common
1950
of
the
Depreciation
of
the
in
administrative expenses—
Operating
profitincome
charges)
Income
and
'On
on
income^^_. ^
lor
the
three
s
.
,
13.429,000
common
1949
or
charges
to
of
$1.72
(after
providing
for
Commercial
mmerciai
and
ana
$2,439,410
449,889
349,812
610,734
183,320
231,652
213,825
19,647,690
17,055,001
15,076,487
17,599,664
5,147,429
3,192,042
1,419,561
5,010,988
917,468
*576,342
1,611,023
railway-^—
railway
168,
1,943,847,
'
543.
p.
From Jan.
Net
$843,425
$586,355
173,684
176,040
(jiiiuu.
On
income of
ended
Financial
financial
»jo.uu
account
of
73,252
3.128,087
3,895,271
017.499
5,120,668
1,913,279
railway,!-
1,362,103
209,711
4,445,644 V
1,092,656
railway!—
'•
Net Yy. oper; income.-168, p. 44C.
560,408
1,432,478
773,252
;
f .[ v.:
-Earnings--^
■>;
•
1348
Gross from railway
$1,315,878
Net'from railway.——-'
353,419
Net ry. bpfer. income—
143,33.5
From Jan< 1—
from
,
1945
$1,177,433
$981,221
$121,153
40,797
73,250
240,513
*132,686
*67,585
145,540
10,815,996
2,407,460
8,477,608
5,750,291
917,714
359,770
7,286,995
2,276,123
1,143,342
*393,437
*550,415
1,295,820
,
'
1946
1947
July—
"v
,
railway—
Net
from railway
Net ry. oper. ihcunb—
"Deficit.—V. 168, p. 543.
Chicago Milwaukee St. Paul & Pacific RR,- -Earnings
July—
Gross
INCOME
1948—12
Net
Mos.—1947
'•
Net
2,385,27315,772,016
1,325,356
?,925',62213,409,283
2,661,650
6,175,602
5,559,524
2,518,761;;
5,346,281
2,016,576
4,293,076
income—.
1,371,082
514,967
451,929
2,383,495
139,753,638 126,453,215 110.204,525
20,020,763
23,167,297
9.329,110
5,632,215
8,318,254
2,819,151
135,203,648
ry.
37,500
1—
railway—.
railway—a--.
35,280,735
5,003,865
159,303
from
Net
$19,998,586
2,283,847
from
Net
1945 '>■;:
1946
1947
$21,409,320 $18,476,897 $16,729,802
3,634,274
From Jan.
Gross
' 1,306,146
railway—.
railway—a—.
oper.
ry.
1948
-
•
from
ifrom
37,500
1,490,600
taxes
$6,914,347
$6,472,164 $14,122,352
48.451
■
06,498
26,783
>
5,061,573
7,186,400
2,275,671
2,941,600
2,566,121
—
.
,
86,941,130
•
$6,520,615 $14,203,850
Chicago & North Western Ry.—Earnings—
$12,349,4701..
9^,338
$12,443,808-'
2,679,445
2,335,594
5,027,052
4,522,924
$4,185,021
$9,181,798
$0.65
$0.63
$1.39
'
July—
Gross
Net
1948
from
from
;
from
from
,
,
•x'"
<
•
'.tC"
98.349.900
9,187,786
1,267,046
26,631,750
13,790,923
13,618,313
.4,363,119
3,894,888
income
r~V,: 168, p. 543.
,
1945
?
97,607,110 >88,389,6">9
railway—-J 108 €38,484
railway
Net rO; oper,
V
1946
.
$17,220,589 $14,577,138 $14,047,640 $14,687,128
4,135,192
3,428,330
1,930,276
2,4?15,782
2,002,763
Income—
1,436,998
486,481
1,345,578
;
Frbm Jan. 1^—
Ne't
1947
railway A
railway
Net ry. oper.
Gross
$7,920,384
inc..,
17,068,419
—V, 168, p, 543.
4,404,306'.
5,744,500
,
income—.
oper.
V
'• '•
1'.
'•'*
"-V
on
of
6,600,-
coin.
-
'
1 " "
""
>
,
"
7
•
13,148,200
V
$1.20
Profit
$7,531,710
379,737
56,937
632,094
104,798
$4,654,586'
from
operatons
Income
from
1947
$104,377
>
income
Total
investments.
438
for
depreciation
Frov.
est.
Federal
income
29,220
53,000
taxes
3,14).
$1071,518
$163,340
Provision
for
•
29,392
53,000
,
$6,794,813.
taxes————-v--
payable.—
income
1948
$162,902
Quarter Ended June 30—
6 Months
12 Monthsf
$5,087,137
$7,526,58&
"• •'/ -,3»125.*■
5,124r
notes
Chicago Railway Equipment Co.—Earnings-
"r
1
stk.
Net
-V.
profit
167,
$23,125
$81,119
2254.
p.
Chicago Rock Island & Pacific Ry.—Earnings—
railway—-
ihctome
-
from
Net
from
Net
ry.
1945
:
Net
from
$789,757
172,106
75,309
*75,309
$'661,211
$728,110
Net
ry.
27,110
153,190
*58,222
63,666
5,523,214
934,441
-v 266,820
4,409,200
7.9,831
*593,130
■
6,075,000
1,177,251
481,273
rai*way__:._"
railway..—
income*
oper
1946,
,
Fvom Jan. 1—
Gross
Gross from
1947
.1^48
$825,000
100,442
798
railway-—..-
oper.
last, which was equivalent
share of outstanding common
30,
Chronicle
vnromcie
(Reg
(ncg.
U
u.
S
o.
Patent
raucu
Office)
v
t
-
(;
4,648,429
"627,195
7,576,078
5,617,403
3,629,601
income...
bper.
per
the
year;
uiwuuimixuu
fluctuations
In
the
ui
rate*
Deficit.—V. 168,
The
common
446.
p.
2,693,223
exchange,
h
1946
1945
$15,569,516 $18,561,213
4,793,169
2,364,459
6,998',613
2,872,247
from
Gross
Net
frcm
ry.
113,014,281 101,038,402
railway'-...
railway
oper.
29,924,177
—V. 108, p. 844.
26,103,941
12,013,030
income—
11,845,300
91,609.742 118,072,335
20,545,383
45,221,119
9,027,960
16,885,689
'
20,697'
Chicago St. Paul Minneapolis & Omaha Ry.—Earnings
.
to
value
common
at
$12
stockholders
subscribe on
right
or
record
7,
Sept.
'
1949 will be given
July—
the
29, 1948 for additional $10 pav
basis of one share for each 21 shares held
before Oct.
stock on the
per share.
Committee
of
Stockholders—
,
Securities.'.of
York, Curb Exchange on
Aug. 30 ruled that the common stock be quoted "cx" said rights on
Sept. I, 1948. The rights,will not be dealt in on the Curb Exchange..
Tire company on Aug. 23 filed a letter of notification with the SEC
covering 25 000 shares of common stock—V. 166, p. 246. ;
The
William
^
of
' '
1947
$20,267,393 $17,497,632
From Jan. 1—
Net
•
..
railway
railway—
'
$11,024,933 after all charges and
June
1948
July—
B.
on
Dana Company,
a_,—
.
the
New
Publishers, 25 Park Place, New
week
[every
Thursday
(general
Otoss
from
Net
ry.
and
remittance
-—--.
for
foreign
.7
--
■-■/v..-;,,|.
$2,458,346
from
ry.
1945
$2,362,553
703,448
*34,843
89,424
393,937
railway.
18,571,170
railway.—2,228,194
17,137,232
14,739,287
15,746,562
2,446.415
541,563
3,911,734
*70,515
354.485
*1,448,923
2,089,280
income—
1—
income.—
oper.
"Deficit.—V.. 168,
Herbert D
with
issufe)
^
'
543.
p.
REctor 2-9570.
advertising
~
314,592
209,776
oper.
Net
$2,219,368
287,319
from
Net
1946
1947
1943
railway.$2,886,447
railway.
548,479
From Jan.
Gross
York 8, N. Y.
news
'
:
from
Net
by
a
Seibert, Editor and Publisher;
statistical
William
Possessions,
v.^au
94,151
99,837
—V.
by
common
141.221
'
221,525-
Chicago Indianapolis & Louisville Ry.
application-
$564,801
$615,027
382,006
1—•
frbm
from
1945
1946
1947
1948
from
-"i48
NOTE:
1945
$2,176,964
from
Gl'dss
Income
$4,261,685
and
from
Preferred
alter preferred
dividends to $1.86 per
stock,; This contrasted with net of $9,743,930, or $1.62 a share, in the '
inree
months ended March 31,
1948,. and $4,852,881, or 74 cents
snare, in the three months ended Juno
30, 1947.
Second quarter sales
aggregated $59,713,809, against $57,352,379 in
ine first
quarter and $39,994,701 in the second quarter of last year.
~~v. 167,
p. 2682.
.r : ;
-
The
-
x
$2,461,271
railway
raii^ay----^
Net ry. bpfer. income
Net
and
bonds
corporation's
Mos.—1947
Century Electlric Co.—Rights to
net
1,745,001
$2,877,047
768,041
280,118
from
Gross
•
168, p. 844,
ry.
1,061,214
7,470,000
$3.49
stock—-
outstanding
months
>5,409,049
Chicago & Illinois Midland Ry.—Earnings—
$6,090,262
Net
$20,768,862 $11,033,445
of common
shares
315,826
the
generating,
authorized
have
18,620,077
13,704,260
.
487,951
*1,348,552
2,168,585
1,156,866
231,321
.
.
16,008,489
3,211,249
757,417
"p. 543.
168,
"Deficit.—V.
Central Vermont Ry., Inc.-
•
5,514,107Va
dividends).
18,490,895
income
oper;
from
Fed.
gross
July—
Gross "from
486,040
1.089,089
Corporation reported
taxes
Net
-V.
3,578,265
6,5233,825
;
474,746
ihccme
Earnings per share
Stock
,,
$35,286,951 $19,564,659
—
for Federal taxes
railway.*
railway.-—_
.;y
.
*'
■
54,206
25,953
.;
ty. oper. income—
shares
contemplate
$7,000,000
r
$2,618,925
$2,274,228
318,174:
248,214
111,373
Net
'
income-—
(net)-.
Intekest 'on
'•■
$34,812,205 $19,078,619
deductions
"rqvjsiqh
.
4,314.564
8,014,621
—
income
incomo
1945
1946
1947
$2,259,079
418,126
1—
Net
the
and retained earnings*
the saie of $6,000,000
of
> '
$2,711,038
from
Gross
directors
1948
.
financing,,
further
1948
non-cash
proceeds
1947,
-
From Jan. 1—
Southwestern.
Present
funds for the con¬
■income
Net
Total
x
:
railway
railway—*•_—
_
-
and
1947
18,898,865
from
Gross
capital by the corporation)
by
income
Expenses
and allows.—$117,066,188 $84,789,014
£
'69,924,798 55,898,305
—
oelling, general
Other
Companies)
1948
63,935,550
14,983,532
railway
Net from railway
aNet ry. oper. income—
required
from
65,601
shr.
Dividend
Other
Six Months Ended June 30—
Gross sales, less
discts., returns
Cost of goods
sold—
148,202,077
32,186,644
Chicago Great Western Ry.- —Earnings-1- ; .
■V 1947
1946
'
1948
(including approximately
stock to the corporation"
STATEMENT
Domestic Subsidiary
111,431.408
•Deficit.—V.
in
Total
.
2,556,414
July—
STATEMENT OF INCOME (CORPORATION ALONE J
PERIOD ENDED JUNE 30, 1948
agent.
INCOME
2,023,987
oper.
ry."
Net
The1
future
electric
1945
1946
1947
1,763,026
Net -from
considers'
740,000
with
844.
p.
Quincy RR- -Earnings—
3 ,111,158
from
Gross
the
of
connection
in
168,
railway.,.— 133 ,690.920 118,669,422
railway--—_
,987,741
37,749,246
income—
375,355
16,848,856
p. 543.
ry.
invested
sale
but
equipment.—V.
1—
From Jan.
share'
new
be
&
dividends
accrued
new
July—
common
.552,952
income
1965
CONSOLIDATED
and
99.40
certain
oper.
Net
acquis.
than
fr.
shrs.
000
redemption on ,Oct; 1, next, $750,000 of-;
at 101% and interest.
Payment will
Dillon, Read & Co., 28 Nassau Street, New
of
at
of
income—
Jan.
168,
Gross
2,830,323
income
for
1,
by
,
from
of
3,244,568
taxes
Earn, pti
Ceianese Corp.of America—Partial Redemption—
There have been
issued
'
...
...
sold
cper.
Net
■
-■
to assume obligation
$3,600,000
2%%
serial
the Bankers Trust Co., as
company
exceeding
be
Chicago & Eastern Illinois RR.—Earnings—
9,642,931
—-L-
j
olanl
of
Deducts,
,
the
not
to
railway-— $21 .395,304 $16,938,129 $16,387;177 $22,741,637
raiway
6 .604,273
4,967,187
4,343,871
9.038,098
July—
of
in
1948—6
Gross income"-——
the change
of
amortization
—
Net bj)e*.
August, 1947, retroactive to Jan. 1, 1947, in inventory accounting from
'first-in, first-out" to "last-in, first-oUt."—V. 168, p. 740.
;
>
'
•
•
0000: 000
of
from
Gross
$29,307,449 $26,139,114 $57,786,150 $51,256,454
—
Other income
two
a
,
Results
and
purchd.
gas
ether
income
started
by
—V.
•
such
of
Central;-
stock
in
(heir
of
$7,500,COO
supplied
adjUstmen ts
Taxes,
3,323,115
1947, were affected
operations for employee vacations.'
■
of
and
Amort,
$
July,
one
Southwestern
corporation)
remainder
balance
resale
Federal
seven
month
-1947
99,0.95,123
r
strike which
a
the
7 Mos.-
j
respect
YORX
Depreciation
109,929,263
2,800,986
if
Stock Exchange to have the
registered on that exchange.
Othefr operations
Maintenance
1948
;
$
8,703,026
*204,493
ry.
from
as
1948
stock,
or
common
the
SHARES—The
Operating revenues
-July Earnings—
$
and
in
will
of
additional
and
value
period End. June 30—
1948—Monthr-r-1947
V*
of
shares
necessary
facilities,
to
will; be
287.948"
Ry.—Equipment Trust Ctfs.—
authorized
24
1948
ry.
a
for
;
the
STATEMENT OF CONSOLIDATED
Nil
in
and
Net
corporation.
sale
issue
York
and
Ohio
Aug.
2,557,293
627,634
.
543.
p.
trust certiiicates
from
Gross
been
York,
$0.48
$1.60
the
future
in December,
March, 1948.
'
OF
New
listed
$18,881
.
for
cr
Central
in
168,
on
from
Net
TRANSFER AGENT—Guaranty Trust Co. of New York
appointed a transfer agent and Chase National Bank, New
registrar, ol the corporation's common stock, to effect transfers
in New York City.
\
lies
7,275
l
$18.60
—19,760,172
Operations
the
stock
earned
(430,000 shs. outstdg.)
End. July 31—
•■'■->
Profit
to
2682.
Sales
_
divs.
outstanding)
com.
Caterpillar Tractor Co.
flect
:436,500
when
the
sale
and
authorized
expansion
$2,SCO,COO
the
the unexpended
NEW
$725,489
Times
:
year
that
Southwestern
1.814.5*0
$1,179,011
—
par
and
are
p.us
4,944,966
—_l_.
expenses—
1949
or
LISTING
Net
Net
(par ;$5);
the corporation
stockholders
basis
the
stockholders,
contribution of that amount to
1948
65,641
*100,754
July—
general
'
authorized
common
the
the
respectively I
Central
or
(largely depreciation
1947
$6.794R«4
4,889,530
administrative
to
of
and
its
Central and
for
slock
by
struction
$8,013,659
;
general and
1351
estimates
1943'
.
allows.
issue
of
on
time
for
of
programs
common
stated
Capitol Records, Inc. (& Subs.)—Earnings—
sales,
the
proceeds ol"
the
$26,235,000,
$2,500,000
1,601;409 "■ 8,380,413
or
Six Months Ended June 30—
and
the
stock
stock
common
desirable
distribution
and
in
in
Gross
enable
Southwestern
this
by
primarily
2,174,474
491.255
procurement
Gro^s
approximately $59,674,000'"
the years 194L' through
1951.
To
finance these expenditures present plans
contemplate the.
sale
by Central and Southwestern cf approximately $23,500,000 face
amount of
their securities, $10,500,000 (including approximately $3,-500,000
-
.
the
financing be done, by the .corporation*
($33,439,000
$
to
common
instance
of
at
it
2,665.490
238,434
liability
trustee,
opinion
shares
net
available
stock
25,762,386 189,045,179 170,165,872
earnings
be
action
*746,552
27,720,877
oi
them
by
The
board of directors deem
1948—-7 Mos.—-1947
is
its
the
first
equity
authorize
to
$3,000,000
Net
the
held.
stock
further
without
808,045-
29.8i«,708
.
of
In
contemplates
subscription
*414,077
28,051,696
—
expenses
increase
shares
presently
has no plans
of the prouosed increase in
transmission
•
earnings
fcr
10 shares
common
*906,581
1948—Month—1947
first
on
■
Sept. 21 on increasing
shares to 8,000,000:3hares
in
42,390
555 173
ICC
Net
additional
*555,743!
Ry.~Jtily Earnings--^
•
Working
offered
37,479
$2,191,517
voie
thereloro
The construction
End.-July 31—
$2,298,720
through the sale
660,000
be
remainder
168, p/542.
Cahadlan Pacific
501,606
$83,661
$2,693,123,
of the■ management itthat the corporaticn invest additional fund3~
equity of Central Power & Light Co. and of';
stock
raised
eaqh
the
.
501,606
riesirabie.
or
19,353
$411,582
'•
Chicago Burlington
wLl
52,551
•_
250,863
(all
to
•-
1
•
;
2,991,051
equipment
necessary
corporation
the
so
1,378,593
41,800
management
*35,124*
*136,652
41,800
additional
and
corporation
in
*
railway.—
,Net from railway
Net ry.r oper.: income—
"Deficit.—V.
ee.l
common
should be
for
*
1945
.
$132,234
*54.838
*111,386
*43,530
'
1946
$2,800,326
portion
a
The
Vermont—Earnings-
.1948
fFom'
Gross
and
necessary
shares
Canadian Pacific Lines In
$125,461
and
542.
04j,
approximately
July—
%
81,270
income—
oper.
The
»•
6,217;
financing by the corporation will be required and recent opinions of
the SEC, in proceedings before it relative to the
issuance of securities1
by subsidiary companies of the corporation, indicate that these funds
4,163,198
658,381
i
9,169
Crl51,282
paying agent for principal and interest
bonds, all series.—V, 168, p. 843,
'
desirable
as
$251,171
>1,000,273
-
income.—
oper.
ry.
•764
9,641
$145,832
64,800'
$102,006
railway—
railway--^---
from
ry,
"Deficit.—V.
Gas
&
Electric Co.,
two
of
its
principal subsidiary
of whose common stock is owned
by the corporation)"'
of the funds required for the construction
programs of
those two subsidiaries should be laised
through common stock financing
in order to maintain the balanced
security structures of t+iose com-*'
panies.
To raise the required funds for such investment additional1
1945
.
From Jsfcn. 1—
Gross
pp.
companies
1946
:
»
•/
y Chesapeake &
764
Southv/c-stern
-Earnings
1947
:
9,169
48,328
562,953
Cr21,925
stockholders
deemed
is
Canadian Pacific Lines in Maine
July—
$3,271,439
562,959
46,913
Net
disct.,
expense-
capital stocx from.0,600,000
The purpose of the
proposed
1,435,800
*22,665
*455,776
in
;
$3,221,172
$182,780
46,913
$385,407
102.576
—
from
Net
Central & South West Corp.—To
Increase Stock—New
433;
p.
1,792,000'
Financing Contemplated—
The
1,178,400
1,299,296
Gross
From
*74,574
1,377.000
>332,463
!■; *717,660
ry.
-
$429,922
%
railway
oper. income.—
From Jan. 1—
.,
$229,300
v
railway
168,
mortgage
*126,306
$172,600
Net
400,000
$104,032
—V.
1945
<
' *2 ),07S
*80,205
From Jan.1—.
Gross
1946
$176,000
income'-..-
oper.
1947
1,295,000
400,000
(1,437,993
1945
.
railway^—
from
Central Maine Power Co.—N.
Y, Paying Agent
.The Manufacturers Trust Co., New York, N. Y., has been appointedNew York
$200,000
rai.way..—_
from
Net
1948
debt-
debt
and
Net
1,363,750
192,715
$171,584
——
deductions
5,875-
Canadian National Lines in New England—EarningsGross
of
220,509
-Net income !»—,*.—■
Divs. on pi'd. stock
$46,528
31,661
Operating profit for
Capital expend tures
—V. 167, p. 2682.' '
9,386
»
)
income
prem.
Other
..
from
7,006,906
■
taxes—j
long-term
Amort.
85,595
$301,995
ore
Tohs
Metal
Gross
8,317,038
(1.770,200
'
:
__
taxes
on
Charleston & Western Carolina Ry.- -Earnings1946
'■
;
.1948
"
1947
yv
acqui¬
income
Gross
Int.
1947
.
plant
550,205
(939)
..
! July—
:,
$16,510,154 $15,064,672
110,000
33,300
of
sition- adjustments
General
Ci
1948 :
1948—12 Mos.—1947
$1,069,001
i
662,157
116,250
expenses
for" depreciation—
Federal
Canadian Malartic Gold Mines Ltd.
'
Operating
$875,000
.-
y
$1,203,801
_
CHRONICLE.
Co.—Earnings-
1948—Month—1947
revenue
Amort,
profit
__
-V. 165, p. 935.
Net
July 31—
FINANCIAL
Prov.
,111,000
278,000
_j——
COMMERCIAL &
B.
issue
Dana
Territories
on
Monday].
Other
Company.
Reentered
and
Members
of
Pan-
.
,
.
subscription* and advertisements must be made In .New York funds.( y
i.;rt.Vr; )•
t.
J
.♦
'3.
COMMERCIAL
THE
(940)
4
directors of the successor corporation to be known
as
Con'smw
Liquidating Corp.
""°naatea
Alden G.
Roach, President, told stockholders that present offwill continue .in charge of operations for United
States Steel pn.„
,vf
In answer to a ctockhbldeb's'inquiry regarding
Canada, Ltd.—Omits Div.—
Consolidated Bakeries of
Cincinnati New Orleans & Texas Pacific Ry.—Earns.—
Monday, September 6,
1943s
CHRONICLE
FINANCIAL
&
.
.
;
omit the dividend which
ordinarily would become payable on or about Oct. 1 on the common
stock Of ho par value.' -Quarterly'dMHbutlon^ Of 25 hehts each had
been made to and including July 2, 1948.—V. 152, p. 2346.
'.'! ,
444,G93
531,320
436,441
.
stockholders
The
1947
1946
1945
$2,79S,224
$2,770,916 / $3,204,983
905,790*
800,114
1,147,349
1948
Gross from railwdy-iiJ 1 $3,433,388
Net from railway^-—
1,234,704
Net ry. oper. income—
751,350
July—
Net
ry.
23,253,408
I' "
railway-'-
from
Net
—V.
railway!.:
from
168,
8,174,433
440.
p.
3,685,663
3.481,256
7,515,331
2,031,764
2,725,646
•
inc.
Actual
before
to
19,409
38,210
12,775
$490,495
$218,847
.V-
6.687
of
Balance
City of New York, trustee,
V. 168, p. 844.. V
Amort., ,of
mine develcpment net of current
shown
for
Prov.
36,591
54,909
25,767
50,111
28,000
112,000
28,000
51,522
220,000
$98,859
$23G,136
$85,826
The
to
company
37,400
offered
be
of
12 Mos. Ended June 30—
operating
♦Total
company
increase
an
on
3.9%
of
•^H-.-r.vY
'
.•
«s> *«:•»'->
i)
Net
operating
$8,515,545
338,753
—
—
revenues
Period End. June 30—
$8,710,823
1,455,644
Sales
of
Sales
—
deductions
Total
gas.:
cf
Other
Net
!
income
.'.
--
—»—
-
Federal
•Incl.
revenues—
635,866
icvenues.
88,523,579
oper.
Operating
.*
>\„•
t
,r
income
3,818,000
taxes
3,910,000
;•/ '■l\
7-1
Clinchfield
i
y \t
,
*.*•>'
.V *
" Jv
income
""'v
*
1948
railway—
$1,607,430
Net from railway
643,644
Net ry. oper. income.589,692
than
—
Fed,: income
RR.—Earnings—
July—
Gross from
7,626,233
Net
Gross
Int.
ry.
railway
from
Net
—V.
oper.
168,
-"t-.
p.
4,096,642
income
543.
>
1
''
and
and
1948
$1,060,099
n-211
July—
railway
Gross Jrom
■Net
from
Net
ry.
/
railway-
income—-!!!
oper.
1947
$967,404;
187,728'
53,092
!
43,563,257
65,486
206,004
403,327
9,922,639
long-term
debt
Gross
Ml,282
49,080,111
railway—-.—
6,490,035
821,580
5,961,725
619,856
Net
from
ry.
income—.
314,-104
,58,053
97,847
^"♦Deficit.—V.
•>.
<
168,
p.
*
•
543.
*-
/ '
-
'
J'-1 '
^
The
1.23G.284
460,499
* • V
' " *t
•
July—
Gross
from
from
Net
ry.
railway
From Jan. 1—
,
Gross
•/'.••>'! r'- '■ ■■.'
1,5257232
1,098,653
.
Net
ry.
railway.
railway—
from
<~V.
.—
from
Net
?'■
80,044
#4,855
—
income
oper.
668,646
405,263
v
income
oper.
168, p. 446.
!
1947
$150,304
59,597
25,414
1J43
•:
$200,854
railway..— ,:,
j
gas
of
steam
-
-
'
-
'
Gross
Net
>;
Taxes,
>'
from
Net
ry.
1945
1946
79159,332
'
$123,037
$145,737
17,955
rv
13,922
26,593
/
.^ 19,285
16,812
1,193
>
,
railway^.—
1,102,238
railway—-*v
17G,20J
♦Deficit.—-V.
y
:
<...
M
■
961,660
♦ 69.903
120,727
♦143,738
O;
Electricity
ended
of
output
companies,
excluding
Aug.
last
year.
four
showed
28
weeks
Following
and
the
Gross
Net
979,085
143,619
- i:
38,875
8.6%
un
the
are
other
to
percentage
increase
Aug.
21
.Aug.
Aug.
14
"
of
gas
% Inc,
207,142,000
kilowatt
8.6
'
an
increase of 40,751,606
or
3Va%
Net
milled
ore
Income
'
14.18%.—V.
168,
Operating
p.
844.
The
-i
258,069
Total
revenue
Provision
for
Co.
J5r2,120
2576.
p.
t
$31,613
:
2,406
,
had
$24,958
and
to
Total
gross
June
,
'
■
■
1948
—
-.
Balance
Preferred
before
'
)*=;;.
•/
168,
227,000
438,547
445,199
-
2-43..:
has
asked
the
promissory
plans
to
of
v
•.
..
and surplus
v
•
.'•>
&
Copper
19,
9.390.558
8,705,124
41,312,378
to
of
acquire
the
steel,
•
$563,366
while
two
SEC
)'• )
vibrator
improved
vibrator power supply.
such
electric
razors
companies -stated,
Laboratories,
permission
two
banks.-.,
par
to
sell
•.
lighting
buses,
011
The
.:
to
Central
.
National
proceeds,
retire
together
$5,200,000
166,
of
167,
•
&
These products are used in indus¬
and
frequency
changers
of
the
other
outstanding
for
the
■:
charges____
1947
1948
___w_$100.920,000 $62,006,401
$3.37
$2.33
.
further'.addech
Aug!. 25
on
first
six
months
1648
of
purchased
'
continued
possible
and
it
Chemical
Bank
York
New
was
on
Aug.
Cummings
from
business
consummated
of
at
San
;
V
V
; v.
.
'. V-
,
Pipeline is being pushed to completion as
expected that the first shipment of oil
167, p. 2465.
1, 1943."—V.
York\Kegistrar—
Trust
registrar
Dec.
on
Co.,
for ihe
New
York,
common
Y., has been ap¬
168, p. 544; V.
N.
stock.—V.
p. 2577.
May
at
1,
first
1967,
the
N.
Y.—V.
mortgage
are
office
of
167,
Curtis
bank
sinking fund bonds, series C, 25/8%, due
ready and exchangeable for temporary bonds
& Co., Inc., 35 Wall St., New York,
now
Halsey, Stuart
1256.
p.
*
'
-
.
Publishing Co.—Earnings—
1947
1948
-a
..operating revenue
$69,819,640
Earnings before Federal and State income taxes
6,259.304
Reserve for Federal income tax___».
2,760,000
Reserve
for
State
sub¬
by Blair
"approximately
Net
r-V.
letter
a
3% -5%
net
the
to
bonds
income
holders
due
for
May
the
of'
1,
first
the
fixed
interest
to
be
date
be
retired.
paid
to
at
the
revealed that itmonths»of 1948 of
.'.
>.
full
rate
of
and
\viVv:
5%
non-!-'
and
per
is
'j/,.'.
asking
\
and
to
the",
Oct.
dissolution
Columbia
of
Steel
this
Co.,
corporation,
subsidiary, of
whose
the
assets
United
Steel
Corp., at the close of the fiscal year on Aug. 31, was
by the stockholders at the annual meeting on Aug. 27.
V"!;
:
At
the
directors
F.
J.
same
t
time
from
15
Knoeppel,
to
the
stockholders
five,: and
James
R.
voted
to
reduce
the
were
States
approved
number
230.812
167, p. 2577.
$3,268,492
$2,618,094
•
:
'
"*
Curtiss-Wright Corp.—Sales and Earnings Higher—
..
Six Months Ended June
Net
profit
$$49,716,997
4.953,705
taxes__
taxes„^.™--
income
!vi'*"
1948
;_!
income
after Federal
♦Deficit,
the
30—^
——
Profits-before Federal
82.661,367
1947
$38,687,455
*5,899,703
f*241,8o7
f After
applying a tax credit of $5,000,000 determined under
provisions of the Internal Revenue Code,-and after
$665,511 from the reserve for postwar contingencies,
carry-back
transfer
of
eludes
$1,010,000
year
the
resulting
1947.
from
SIncludes
retroactive
price
increase
applicable
retroactive PrttB
!jj;
"
.i
The company has been informed that the U. S. Air Force plans to
.order 88 aircraft cf the new Curtiss Blackhawk type, the first multijet. fighter ever designed for "all-weather" operation, and orders for
larger quantities are definitely indicated, according to Guy W. Vaugnan,
$606,000
President.
v-
.
v
;
from
annum
taxes
$63,478,517
4,790,265
2,022,000
150,171
resulting
from
increase applicable to the year 1947.
1962,
six
income
earnings
Sales
_V
- ,v
record
.at
cor¬
announced
Corp.,
Francisco
price
a
30
«
..
for
oil
is
made
&
royalty
Six Months Ended June 30—
Board,
purchase
Brothers
for the
radio
Cudahy Packing; Co.—Permanent Bonds Ready—
Trust
1048.
p.
Indian¬
enabled Cor¬
of heavv-duty
Hanover
Bank
with
design
Corp.—Earnings Show Large Gain-
the Ulc-Amuay
011
as
pointed
$5,000,000
,
Inc.,
supplies,
new
Pullman
on
Crown Drug Co.—New
a
will
in
1
metals,
power
and
converters
as,
t, Proudfit, .President,
rapidly
"t.-,i
for
to
the
and
1943.—V.
;v
bonds
of
been
aluminum,
Electronic
the
an
through the line will be
31, 1948.
Consolidated Western Steel Corp.—Liquidation Voted
36,000
$599,672
under
years,
have
.
non-ferrous
of
manufacturers \of
of
"Work
adjustments made
wage
no
Liquidation
$599,366
36,000
been
two
businesses
the period
an
average
of 630,073 barrels daily.
This compares with an
average of 578.076 barrels daily for the corre¬
sponding period of 1947. Production is currently running at 643,727
barrels per day.
V/1';
upon
in
new
and
purchase
Ind.,
Permanent
announced
income
of
American
have
last
the
for
two
,
merger,
of
time
Jobber
"Production
.
45,879,014
10,842,432
' v'
notes
use
redeem
indicated
transferred
„.
$635,672
dividends declared-—.
p.
'■ *'
'
f.u
1
pre¬
Blake,
first
recent
of
Preston Hotchkis, John E;!;Jardihe,
Page and Alden G.- Roach were elected
j
Fifty-five F-87 Blackhawks will be for combat; and 33
hawks
will
be
for
photo-reconnaissance.
Now
being
Curtiss-Wright Airplane Division, this jet fighter has
than
j
•W-Y.
11,276,158
:
new
share
share
common
Steel
1
year.
levels, with net production pius
totaling 114,673,375 barrels, or
l, .1948.
The Title Insurance & Trust Co.,:
Los Angeles, Calif., is trustee for the issue.;—V.
161, p. 982.
!!
186,300
204,000
,
last
277,940
;-
dividends..
Balance for common dividends
30,843,056
■".:
.
2.131.424;
representing portion
V
and
Interest
106,338
186,600
272,496
;
—
"
30,586,125
omitted)
ft.)—
company,
an
tenders
81,182
90,535
Depreciation ———
Taxes, other than Federal income taxes——'
for Federal
income tax——..!
Interest and other charges——
;
-•
9,479,114
(000
approximately $135,000 for bond sinking fund purposes,
329,007
417,432
—
"Provision
*'
!
1947
$2,252,332
373,496
Maintenance
'(
13,304,334
2.251.541
•
that
cumulative
$2,618,779
/
a
the
;
the
of
fabrication; of
equipment,
A.
associates
received
had
earnings
Purchased power
44,147,390
10,685.011
Consolidated Rock Products Co.—Tenders
Sought—*?
Operating expenses, ether than the following—
American
of
of
579/1,OOOths
and
old
>
manufacture
to
■
30—
41,271,136
3,677,370
the
said
The
Ended
13,156.484
447
Connecticut River Power Co.—Earnings—
;i
!/;6 Months
8,267,234
completion of the transaction he will resign as
director of Rosenberg Brothers.
He added
that he
salary or dividends from Rosenberg Brothers or from'
the Cummings Corp. and that all benefits of the
Rosenberg Brothers
capital
stock dividends
have
accrued
to
the
Cummings Corp.—V.
168, p. 741.
•
'
♦309
Cri.OOO
He
$27,078
♦Loss.—V. 167,
3,035,519
2,460,192
recently
mings said.
$27,388
3,815
Profit before write-offs—
Capital expenditures;
.
698.274
(
original cost to the former owner, the Cummings
Corp.
During its period of ownership of Rosenberg Brothers capital
stock,
the Cummings Corp., received
approximately $4.50&!000 in dividends,
or
substantially the profits of the business in that period Mr. Cum¬
215,416
$30,613
4,.
(
2,404,834
CUmmings, Chairman
the
equal"
i.—vf:.
——r
issue
each
for
share
a
stock will be given for
by shareholders of ContinentalSteel
&
Copper will be given
common
held
American
preferred
Earnings after taxes and
Earnings per £hare__._,
41,111,871
163,752
!
funds, to
due Sept.
Nathan
—'.
taxes
40,572.862
5,807,042
1-year
President
i
of
one-fifth
new
now
Gross
30,040
$242,805
'
$26,797
-
of
stock
Creole Petroleum
Consolidated Grocers
Corp.—Rosenberg Sale Clarified
1947
30,760
$284,867
v
—
..i.-—
—
10,751,650
(kwh.)
company
notes,
1
1948
——J
revenue
8,103,482
b
porate
&
——U-
-
produced
profit
14 ,493,000
sidiary, of the Rosenberg
"
Development and operating costs.—
Non-operating
39 ,650,590
13,695,000
security for these notes. Consolidated also plans to pledge certain
portfolio securities of its own and those of its direct and
whollyowned subsidiary, the Islands Gas &
Electric Co.
Ltd.—Earnings—
—
metals
from
43,151,862
2,950,000
3,050,000
As
Corp.—Weekly Output—_
Quarter Ended June 30—
Tons
10,196,311
(est.)_
Co., $2,500,000 to each bank.
that
v
38 ,555,933
Fed¬
company wants to sell the notes at
Trust Co.
and
Continental Illinois
Bank
4.7
hour
Coniaurum Mines
■
29 ,672,572
26,053,861
company
The
12,3
>
output of electric energy of subsidiaries
Of this corporation
adjusted to show general business conditions of
territory served for the week ended Aug. 26, 1948, amounted to 328,155,239 as compared with 287,403,633 for the corresponding week in
1947,
33,170,913
t
of
140,000
1,000,000 shares o£
and
cars,
new
and improved
transmitters, direct current tele¬
vision, and medical and dental equipment.
They are also used on
farms
having small 32-volt generator plants which. desire to use
standard
110-volt
A.
C.
food
mixers, sewing machines, fans and
other equipment.—V.
168, p. 249.
■!.'V;'v'-"'
4.3
204,344,000
'
the
fluorescent
Consolidated Electric & Gas Co.—To Sell Notes—
The
of
1947
210.149,000
Commonwealth & Southern
weekly
'V'VvV
$
150,770,658 127 ,665,745
—
"
d
;
past
210,096,000
'
844.
p.
'•
$'•
C,377,233
tcu.
meetings jet.
companies
operation
6,C50,000
$1,100,100
the
Continental Steel &
that
trial
1948—12 Mos.- -1947
307,415,156 281 ,149,711
electric,
for
as
capitalization
value,
Continental-United
of
be
vibrator and
(COMPANY SEPARATELY)
^June^ 1948,^ applicable to the three months ended March
week
the
of
228.102,000
208,969,000 V.
—
set
a
sales
The
0,211,528
—
\
week
216,098,000
:
—
-
168,
The
the
corresponding
.
have
that
share
contemplated
will
metals;
apolis,
1948.
in
219,963,000
:
—
7
—V.
the
over
31.
70,860,311
*
Copper
Ernest G. Jarvis, President
been
$25 par
&
distribution.
—10 830 977
income
of
associated
for
output totals
with 1947:
1948
28
Aug.
and
Co.
utilities,
kilowatthour
comparisons
Week Ended—
.
Edison
electric
resulting
31,373,589
income
Sales
53,927
Co.—Weekly Output—
Commonwealth
sales
tax
M0,697,180
tax
♦Includes
Edison
income
77 325,499
Incomev deductions
168, p. 543.
Commonwealth
Federal
,
,
962,770
> '
103,309
In
1948—3 Mos.—1947
._
income
Sales
income.—
oper.
<
March
Non-operating income.
$123,599
5.G58
C.342
from
Net
the
regular
7.993,860
income
1
Steel
the two companies and
to stockholders at special
six Months Ended June 30—
income—.
From Jan. 1—~
Gross
14,200,912
reduction
Operating income
railway—
oper.
ry.
:
.
16,322,353
revenues
other than
eral
Fed.
1,1947
.
2,925,283
2,977,243
ended
Depreciation
by
;
American
of
President, on Sept. 1 announced that the company
in its history is offering to the trade through its
manufacturing
channels,
products other than
capacitors.
The new products
are
light-duty vibrators, heavy-duty
vibrators
and
vibrator
power
supplies. . They
are
now
ready for
for
9,184,824
estimated
expenses
the
1
has
will
consolidation
-
than
more
Octave
50.442,665
Maintenance
903,031
,' 287,373
136,046
railway.—.,—
from
from
Net
.1943
9.942.967
59,519.507
$
Columbus & Greenville Ry.—Earnings—
July—
2.257,924
INCOME STATEMENT
Operating
Operating
below,
Cornell-Dubilier Electric Corp.-—New Products—
$1.80
13,459,709
(pounds)
months
Inc.—May Issue
31,621,356
$2.03
2,387.538
Period End, June 30—
f*.
,
three
447.
p.
Co., Inc,—Merger Pro¬
merger
Sept.
date
exchange
1 •• t,
divisions
for
nell-Dubilier
11945 $124,059
42,761
20,047
■
699,134
202,198
152,016
208,172
the
;
168,
their
stainless steel and
alloys and steel
into many wire products and the production of tools, die's and
stamp¬
ings..'! ■: ;
•;
v/l'V V!
'•
<t
refinancing costs and other surplus items,
(Includes $1,257,800
representing portion of wage adjustments made in June 1948, applicable
to
work;
indicated that they believe the merger will increase
from about $18,000,000 annually to $30,000,000 and they
they intend to do some financing through the flotation of
long-term debentures.—V. 167, p. 152.
from
:
-
stands.
Inc.,
be submitted
on
provide
new
in
Copper,
business
said
14,124,558
/
'!■■••■.•
443,082
-
(kwh.)
to
Co.,
Industries
No
one
of
three
The
M,375,505
8,160,854 V 34,590,726
'
on
(cu. ft.)
♦Equivalent
inventory
par.
management
other
Cr678.547
:
electric,
cf
Sales
'
1946
$119,460
30,940
17,291*
still
below.—V.
corporation and
Stockholders
After
(009 omitted)
,
Colorado & Wyoming Ry.—Earnings—
Net
6,581,844
of
Industries
the proposal
terms
stock
progress
14,112,223
stock
Sales
,,
j, .
share
a
Corp.
approved'a
common
share
&
their
.
1,516,184
oper.
on
,
393,571
share.;,
per
common
9,305,388
3,034,415
railway——
$50
Steel
announced
and
of
negotiations
48,966,584
11,691,643
900,000
Sales
7,595,991
1,253.858
from
^et
;
Steel
misc.
(net)
income
Earned
T-''From Jan. 1—
■m
52,407,949
12.731,995
3,210,642
2,947.224
stock
common
16,023,400
:
this
have
$1
merger
l/25th
r-
43,874.107
81,019
stock,
United.
3,589,600
surplus
Net
1946
1945
$880,232
$1,422,509
134,032
468,94G
83,853 ;;
264,304
..
around
States
of
was
share
each
*
'
made
merged company Is expected to be known
ferred
12,666,509
12,392,617
it
common
3,558,500
...
income
expense and
Colorado & Southern Ry.—Earnings—
•
i'MV.''1
the
at^-this time to estimate
with
liquidating dividends, or the time
however, that his earlier estimate
the
Industries, Inc.; and
shares of 5%
preferred stock,
♦Adjust, between income
'■
v'
The
9,841,620
(est.)
income *.
on
deductions
■'*
:
••
•••'.
of
Copper
Other interest, amort, of
debt
premium,
disct;
8,437,713
4,195,516
3,445,466
-
of
Continental-United.
of
48,344,510
17,013,800
13,114,937
„
7,231,420
4,612,970 > 2,864,309
4,098,409
2,142,805
10 032,795
lirSGM
4,587,742
rii v/ay——
from
be
,'
directors
meetings,
33.680,459
34,067,933
38,236.744
31,087,861
Y
_—-—
tax
Non-operating
414,235
-465,371
10.338,886
7,925,000
Fed.
^Operating Income
From Jan. 1—
Gross
v
the
1946
f
1945
$1,206,866
$1,107,589
;
549,365
509,318
1947
$1,112,449
318,563
264,965
:
2,669,969
2,799,244
689,828
!
9.246.529
-
Taxes,- other
>
The
80,904,403 356,231,221 322.828,529
34,290,563 169,601,160 141,158,570
t44,836,993
expenses
Depreciation
740.
168, p.
provisions "of
$
$
$
i
*
"ft
whirh
* u
impossible
amount
United
have ordered that
^
in
r,
portions
will
told stockholders,
Industries,* Inc.,
230.443,591 255,808,300
12,898,058
52,041,374
49,017,184
3,206,651
20,042,012
15.333,076
13,358,616
3,820,893
;
Maintenance
—V.
is
it
the
Continental-United
The
$7,255,179
$7,301,917
—
that
posed—
..
64,109,871
70,708,199
steam
oper:
Total
"
explained
payments
Continental-United
1943—12 Mos.—1947
1948—3 Mos.—1947
electricity.
of
Sales
income
Gross
» u
CONSOLIDATED INCOME STATEMENT
V
$8,417,877
292,946
$8,854,298
1,552,381
revenues
non-operating
also
See
.
1
Total
(•■>
Debentures Following Consummation of Merger—
Sept. 1 announced that System output of elec¬
tricity (electricity generated and purchased)
for the week ending
Aug. 29. 1948, amounting to 212,400,000
kwh., compared with 203,200,000 kwh. for the corresponding week'of 1947, an increase of 4.5%.
Local
distribution of electricity
amounted to 194,300.000 kwh., com¬
pared with 187,000,000 kwh. for the corresponding week of last year,
1948,„ .,ni9„4L
—
.
said
He
return
total
a
See
Inc.—Output—
Consolidated Edison Co. of New York,
$56,557,848 $49,328,009
48,042,302 40,910,132
,
expenses
hp
1148.
166, p.
The
(& Sph.)^-Earns.
-
revenues—
operating
stockholders
Continental Steel & Copper Industries,
Proceeds will be used for working capital, etc.—
Electric Illuminating. Co.
depict.
to
wnnlH
uncompleted
on
either
payment.
r
Aug. 26 filed a letter of notification with the SEC
shares of 50c cumulative convertible preferred stock,
at $8
per
share.
Underwriter, Cantor, Fitzgerald &
Cleveland
Total
*
inc. before
—V.
on
Co., Inc., New York.
V. 165, p. 2274.
V
Vr.-7
"V!
SEC—
covering
With
Co., Inc., Brooklyn, N. Y.—Files
Mfg.
Secretary,
Subsequent
and
Roach
Mr.
accuracy
of
Net
Clarostat
letter
onmimnv
The final payment,
$659,141
inc. taxes
the
contracts, he stated,
he declared, will be made seven months
follow1*!*
the closing date, allowing time for necessary computations
to be madA
at the end of the six-month period following the sale.
53,193
24,310
__—_——
Fed.
Robinson,
process
if-
Yi:!y• ".v-'s'.•:.v"vy"•::•'
■/
M.
contracts.
in
;
26,140
above
Depreciation
•
:'■•
^
$983,856
"
expenditures
period's
Broad St., Hew York, N. Y. —See also
11
$177,310
——
recent
a
agreement provided for the delivery on Aug. 31, 1943 by United stofif
Steel
Corp.
of
cue "check
for $8,200,000 for 'the fixed
assets
-mi
another for $5,000,000 on account of inventory and
completed^
development and
exploration expenses—
of
$5,000,000
to
nntiofnnteri
pay
John
$1,022,067
$231,623
$509,904
$183,397
referred
wnc
an
1948—6 Mcs.—1947
1948—3 Mos.—1947
chgs._—
navminf
liquidating
Roach
Mr.
Co.-^-Redemption Agent—
5% gold debentures due April 1, 1958,
which were recently called for redemption on Oct. 1, 1948, at 102 and,
interest
at any time receive payment of the full redemption
may
price,
including interest to Oct. 1, 1948, upon presentation and
surrender
of
said debentures at The Chase National Bank of
the
the
of
v.."
-
said
■'
: •
Coppermines Corp.—Earnings—
Period End. June 30—
Net
■-
Cities Service
Holders
to
''
'
Consolidated
21,156,528
6.359,422 1
4,828,521
inoome—
oper.
16,634,275
19,761,408
decided
1
,
"v>,
Prom Jan. 1—
Gross
Sept.
on
600
An
has
miles
initial
been
per
hour.
production
received
Curtiss-Wright
from
Flight
'
-
order
the
■
.
amounting
Air
Simulators,
Force
an
for
to
more
41
of
all-ejeotrlc
the
built by w*
speed of mor
!,
a
than
$2,000,000
newly-des'g:1160
training: unit.
of Curtissmore tn
7-cylinder ,wr'°
engines nnd is cur
Wright Aeronautical Corp., the engine-building division
Wright Corp., has received Air Force contracts totaling
$7,000,000,-necessitating-large
Cyclone
rently
R-1300
and
negotiating
scale
production
9-cylinder Cyclone
with the Air Force
R-1820
on
cf
contracts
for
18-cyhfl
Number
Volume 168
Cyclone R-3350 engines, as well as further orders for the
7 and 9- types.
■'//
: ■''/.
Vaughan said the Wright company is well along with the testing
und evaluation of
an advanced type of turbo-jet engine designated
the XJ-37.
He alsp disclosed .that the company has recently developed
for the U. 3. Navy the most powerful 18-cjhinder aircraft engine in the
n-nrld
but said that details on Its performance may not be released
Wright
CONDENSED
BALANCE
rvcionc
—Cash- $361,206;
Mr
Co.—Earnings—
1948—Month—1947
-•
revenues ___1
Operating
$1,252,687
deduct.
924,757
revei ucs__-
$327,930
Total oper.
rev.
Net oper.
Other income
$1,082,094 $13,205,355 $11,458,431
: 823,793
9,941,693 ' •; 8,375,404
$258,301
;
$3,263,662
Net income
charges—
surplus res.
est,
Transfer to
and
$3,083,408
108,
270,158
211,550
2,586,878
98.384
65,874
717,461
2,444,583
$171,774
$145,676
$1,869,417
Day & Meyer, Murray
Net
&
Young Corp.
of
accrued
and
100
unpaid
eluding
and
-
unpaid
interest
non-cumulative
thereon
additional
Oct.
to
interest
at
1,
the
from Oct. 1, 1947). -Payment will be made
trustee, 120 Broadway, New York, N. Y.
will amout to $35 per $1,000 bond.—V. 147, p. 2243.
pet; annum
Trust Co.,
Hudson RR. Corp.
Delaware &
July—
1343
from
Net ry.
Net
of
Total
^July—
Gross
Net
ry.
—V.
-Earnings-
.'1947
7
1946
1945
$3,539,256
908,028
877,130
444,972
421,920
517,748
305,107
399,162
income—_ f
ry.
$3,386,300
892,680
Net
ry.
34,015,740
30,302,166
23,776,725
28,217,621
7,257,147
2,836,050
5,954,459
3,495,375
1,355,768
income—
168, p. 447,
843,168
Duluth
Gross
1948
from
Earnings—
1946
$7,691,113
$6,430,382
1,299,573
746,953
943,637
579,734
^
$5,926,259
1,393,017
railway
1947
220,029
from
railvay
ry. oper. income—
■:
;v
v
.
Gross
ry.
Gross
—V.
raihvayrailway—././
52,461,366
45,847,185
38,513,144
,h
44,591,302
11,333,142
9,799,704
4,533,737
10,062,263
5,612,934
4,618,076
1,703,636
2,775,482
168,
Gross
-
,
railway
railway———.
Net ry. oper. incomeFrom Jan. 1—
,
.
'
r
1947
1946
$5,521,691
1,387,088
877,606
i
$4,669,533
$4,594,391
1,047,018
558,419
753,619
stcck
a
37,037,369
of
31,161,575
6,447,771
7,044,734
3,675,339
On
30,147,157
1,754,146
Curb Exchange
the .$8
on
Sept. 24,
each
full
1948.The
share
stock,
common
held
is
payable
dividend of one-half
contingent
30
share
a
will
vote
convertible
$20
value.,
/
'
stockholder
on
1949.—V.
share
one
of
from
issue
INCOME
194?
Net
.
194$
ptofit
552,946
474,604
$1,984,134
357,909
par
136,645
,194.181
302,880
Inventories
745,000
8,881,739
.
(except
1,831,991
168, p. 447.
A
reserved
construction
for
...
Federal
Accrued
Other
...
taxes
$731,706
Gross from
railway—.
Net from
railway—.—
Net ry. oper. income
Prom Jan. 1—
$363,173
228,205
142,481
$342,121
119,914
40,434
25,203
77,263
•
2,306,686
897,606
215,807
3,310,369
1,952,780
1,621,537
560,650
income.—
p. 447/
644,717
2,596,911
391,020
1
168,
six
and
including
Exchange
The
Par
time
March
1,
working
of
ti
]
'
.
for
exchange
into
and
two
each
of
three
old
shares
shares of
7%
of
110
common
par
Curtis
E.
election
vacancy
nounced
,
1,937,000
267,662
V.
3,417,470
2,503,753
at
of
Safety
Mine
created
the
Chairman
C.
T.
of
of
Wes/ott
the
by
resignation
death
of
H.
the
board
Aug.
on
of
par
Mr.
Wescott
is
President
of
1948,
the
thereof
one
the
of
and
above
refcired
share
846.
in
purchaso
currency
r
V/.-;
■■
:\.x//;/;/•, //:>;•/
$103,760
$1,789,778
76,965
13,072
b,.33
1,250,247
156,395
b,ot>7
12,761 V
Cr38>
?
/
$1,491,042
991,163
;
144,935
76,000
78,338'
12,795
2,531
v
>
:
f
; ' 1943—12 Mos.—1947
11,942
v.
''-i
•
j
96,736
/
upon
to
States
United
Co.—Earnings—
$125,695
units
to
will cs.l for the right
1: 48—Month—194 7
Z
Dm,022
8,699
income
(net)-—
'
^
,
Dt$2,920
9,100
137,805
68,123
•;
•
157,326
65,035'
$56,580
$93,868
68,824
$6,161"
$6,676
-
85,92$
Ap¬
to
"
' 29,783
~
1,964
$1,656,126
,
1,020
1,911
$973,553
$1,267,005
185,000
265,000
330,000
528,535
708,553
1,155
•
445,000.
1,211,126
937,005
.
but
1694.
P.
Ry.—Earnings—
railway.
*15,682
*163,349
railway
income
oper.
from
frctn
Net ry.
-
1945/
$1,936,368
410,2G9
•
255,964
3,201,344
3,811,391
railv/av
1,984,139
Income/—
.16,243;762; 19,143,025
12,133,716
7,590,425
2,362,861
1,207,753
,
3,331,5^3
"
an¬
net
—-
leased
Income from
1
'
"
i
L',
'
f
''i-
Corp.—Earnings1947—3 Mos.—1943
period End. June 30—
Sales,
/
1C,881,800
18,450,170
•Deficit.—V. 168, p. 545.
,/
i''Kr
'
4
*389,905
1346
$1,611,481
11,359
24,494
./
railway..,-
oper.
1947
$1,695,184
*170,118'
1948
$1,731,733
\
from
Food Machinery
of C. E. Groesbeck.
He also
H. Dinkins. Jr.. as Secretary of
.
27,518
$713,535
-
$2,06
1948—6 Mos.—1947
'
■'
15,350
1
$136,523
do.—Earnings-
13,808
'
;
depreciation
ry,
Net
announced
31
directors
21,665
$146,006
/ $2.21'
—
1
.
$142,'507
' 0,184
$167,692
1948—3 Mos.—1947
tax
From Jan. 1—
the
Ebasco
of
concentrates
from
Director, Etc.—
the Board,
iraction
or
23,
■
be
but
the remaining
to the extent of the remaining
per
p.
-
167,
Gross
fill
to
sicnk
■
income
Gross
Pittsburgh,
Calder,
$2
168,
Florida East Coast
3,476,680
•
1947—6 Mos.—1948
$23,963,981 $20,964,728 $38,813,705 $36,526,818
ma,
Total
income
-
for
Prov.
on
possible
loss
3,233,215
20,820,254 / 18,655,125 /33,899,299 /32159^170
•'
//.
'644,439
1,338,283
1,358,813
1,310439
2.119.928
$2,284,243
inventories
2,377,869
2,064,884
$25,087,219 $22,247,843 $40,878,589 $38,904,687
Total costs & exps.V net
Services
Inc., a wholly-owned
service subsidiary.
Mr. Ginsburg has been Treasurer of Electric Bond
& Share Co.
since April, 1945; Mr. Betseh has been Assistant Sec¬
retary and Assistant Treasurer since 1944; and Mrs. Gilbert was as¬
sistant to Mr. Dinkins
V. 167, p. 941.
^
1,123,233
chinery and processes
the
company, and the election of Lester Ginsburg, Vice-President, of B. M.
Betsch,
Secretary-Terasurer, and of Helen - M. Gilbert, Assistant
Secretary.
value
no
Executive Vice-President
jr.,
will
before deducting depletion. Federal income
tax and year-end adjustments.
tAfter depreciation and provision for
Federal income tax but before depletion and year-end adjustments.—
Pa., the exclusive distributor of the Edison
miners, has been elected a director, filling one
two additional seats recently created on the board.—V. 168, p. 544.
the
cumulative preferred
stock,
Ryan,
cap
part
as
stock
1949.—V.
1
income
'After
1
3,417,470
Electric Bond & Share. Co.—New
Offer to Preferred Stockholders Extended—
$100,
stock
issued
income
Net
of
stock,
convertible prevalue, pursuant
Plan of
recapitalization which became operative Feb. 1, 1938, has
extended
to
Dec.
31,
1S48. ^Holders
of 7%
preferred stock
value
ned
be
......
of
TNet
lamp for
capital
1943.
T.
Stockholders
units desired by them,
subscriber will be allotted
Aug.
on
Federal Minfn? & Smeltin?
v*Net
845.
electric
ended June
months
and
p.
units.
of
each
capital
name
the subscription privilege
sees
68"349
$14,937,857 $12,861,561
pliances Co.
30, 1948 and its
of the company,
*he
directors on Aug. 5 voted to defer declaration and payment of a
Dividend on the convertible
prior preferred stock which, under favorconditions, would have been declared for payment on Sept. 1,
**48,
Regular semi-annual payments of 50 cents each were made
the
surplus
of
produced
Tons of shipping prod¬
uct produced by les-
(Thomas A.) Edison, Inc.—New Director Elected—
:
Douglas Shoe Co.—Pfd. Dividend Deferred—
In view of the loss
for
effect oh 'the earned
*0
shares
income
Net
-V.
1-5,000
number
any
period Ended June 30—
200,000
——2,503,753
Earned surplus I—5,318,992
/ 1,271,504
,
,
for
taxes
Federal
surplus
John
(W. L.)
comprise
July—
3,854,010
became
Curb
to Aug. 25, 1948, must be accom¬
subscription rights; and that such due
21, 1C48.
v
.////>.,.) /;/;:.
i
income
180.780
—
$10)
1933
of
Aug.
deductions
Tons
$809,867
350,000
Total
Net .ry. oper.
-V. 168,
<
(par
*
1,528,000
/--/A——
York
New
7 40
601,000
payable to bank (due 1949-1952)
stock
Common
Capital
.
43,550
.
notes
Total reserves
Act
$5,421
*
railway.—railway
from
2%
1945'
$295,549
110.6*22
'
$439,332
Gross from
Net
1946
1947
the
oversubscription
25
capital
oper.
——
callable Oct. 1, through sinking fund—
payable—banks
mortgage 3'JA% bonds due Oct. 1, 195.9—
1st
Detroit & Toiedo Shore Line RR.—Earnings— '
1948
to
cf
85,437
211,499
Notes
of
accruals—
6,850,714
—,
•
unit.
per
currency
4,733
111,384
—
•
prior
the
on
...U—..
190,000
stock
liabilities
K yk
Securities
$1,943
Earnings per share capital stock
—V, 168, p, 742.
98,678
income
on
p&yable—common
accrued
States
Ihe
under
made
for
registered in his
March
Net
$14,937,857 $12,861,561
,,
United
in
Securities
on
will
of
each
Gross
25,648
Bonds
j ;
$7.50
statement
bills
JNon-oper. inc.
214,000
,
,
Curb—
on
Total
7,553,356
-
J.£
fk
,}
1
1,580,696
purposes
reserves.
2
22,000
1,093,973
"
Dividend
,
July—t
of
subscribe
event
General
2,471,551
7'
;
——
LIABILITIES—
Accounts payable
5,479,644
2,163,437
1,192,111
749,661
1,840,748
y-
,
Fall River Gas Works
$491,595
—
charges—,—7.
9,945,511
"
128,238
and deferred
*1,365,631
Federal' income taxes
1047
1,531,687
2,079,383
2,686,414
logging operations
6,544,466
6,080,787
69,114,935
$1.94
30
1948
h
1,329,372
"
■.
17,384,922
Ltd.—Ex-Rights
Maintenance
136,699
$860,101
pulpwood)
147,194
'
;
88,010,641
23,569,268
Operating revenues
SHEET?, JUNE
on
'•
85,235,159
24,337.153
10,118,023
redeemed
Operation
$662,123
$3.68
investments
Total
77,966
5,252,797
1,448,599
7,755,972
3,422,016
3,465,794
income
due
be
to
for
Net
BALANCE
497,129
'
/ •••:
383,000
,,
Plant, property and timberlands—less
'
railway—__
r
transactions
by
offering
until
15,256
Treasury obligations./
Receivables—Jess reserves'
$619,623
144,660
235,345
of
the
V.
$1,060,379
Crl8,210
CONSOLIDATED
Funds
523,661
1947 75
.A/—$1,2:57,344'
eommofr stock
I—1.-^
170,874
on
/J
1945
3,209,294
1,495,179
1948.
Committee
shares
$7,236,851
operations
(net)
1946
.
99.826,875
'
u,
price
a
exercise of
5,701,868
',
Aug. 23,
warrants
__$9,038,547
expenses
"
subscriptions will be accepted pro rata
units. :/b;/r;' /:.//'■:''■ />//-::■/;/.>..
//: ////;//:/>v/-/'-":l;//;/;
The right to subscribe will expire en Oct. 1, 1948 and will be repre¬
sented by a non-transferable subscription form which, however, will be
assignable or.ee by the registered holder thereof. Such rights will not
be dealt In on the New York. Curb
Exchange,. The stock purchase
-
6,501,467
•'/■.ASSETS-"Cash in batiks' 6Ad
1945
1946
$778,656
%' Wvt
must
unit
ACCtOUNT
sold
Miscellaneous
$974,797
in
Arling-
(Including Canadian Subsidiary)
•
1947
-
1,943,859
1,494.085
,
'
'
.
registration
The
ex¬
selling stockholders;
to
go
Pulpwood and
$1,233,650
'
panied
bills
registration statement was filed with the SEC covering
($10 par) common stock.
Underwriter, Carl M. Loeb,
Proceeds
income—
railway
Retir. reserve
of
stock, no
plant at
a
1948
3,501,970
railwayIncome—
at
ment
5
from
of
share
an
capital
of
with
Earned pef ebmrnon share———1^.——
each
changing
1915
in
•
;
$14,491,033 $11,812,722 $11,107,535 $12,684,16?
railway
railway
oper.
,v
-
• 2,366,563
4
,
>
entitled
plastics
544.
Provision for Fedferal taxes on Income—,,./^../—
Rl£«—Earnings—
& Irbntfat
railway—
oper.
industry
p., 45.
RR.—Earnings—
5,561,470
.
*107,509 '
Exchange ruled
that the capital stock be quoted "ex" said rights Aug. 25, 1948; that
all certificates for said stock delivered after Aug. 26, 1948, in settle¬
a
goods
Profit
16$, p. 845.
1943
Net from
on
1.040,550
from
The
Corp., Brewer, Me.—Registers With SEC—
Prepayments
Toiedo
From Jan. 1—
ihe
single
U; S.
railway.—
Net from railway
Net ry. oper. income—
—V.
into
authorizing
on
and
railway——
10,231,346
8,203,310
oper.4 income--f 4;257,-OS,200,111
from
stock,
*
Deductions
with sufficient funds to finance its construction
from
Net ry.
26
118,560
effective
greatest
415,182
The holders of capital stock (par value $1) oi lecord Aug. 26 have
been given the right to subscribe to shares of capital stock and stock
purchase warrants in units, each unit consisting of live shares of
capital stock and stock purchase warrants lor three shares of said
448
Pont's
1945
$2,562,140
674,291
20,693,837
Period End. July 31—
from th'er sale of the ftetf fleb&ntures ate expected
July—
Gross
2,044,200
du
1946
$2,524,611
460,832
Eureka Corp.,
ap¬
.■
The net proceeds
program well into
Oct.
debentures
value,
par
to provide the
companv
Gross
22,423
Selling, shipping, and general
Co.—Plans Debenture Issue—
stockholders
Detroit
*54,057
———
Cost
Sept.
Dividends
capital stock.
18,402
represent
1»47
892,791
13,638',4G8
ft
63,105
Six Months Ended June 30—^"'
Net sales
has been notified of the declaration
par
mount,
388,575
ry.
52,275
'
to
stockholders
$2,855,478
income
From Jan. 1—
Gross
368,736
shares
preferred
21,998,989
Net
1,621,200
Rhoades & Co.
to
1,553,715
railway—
from
1945
122,981
p.
continue
arrears
exchange
603,897
from
$247,000
*15,972
CONSOLIDATED
Detroit Edison
or
1946
$184,400
65,267
*191,082
Aug. 26
25,000
3,865,619
of an increase in the authorized common stock at a meeting
Sept. 15, 1948, The stock wid not be quoted ex dividend until further
notice, according to the Exchange, which added: "Due bills for the
dividend
must
accompany
certificates
for
common
stock delivered
after Sept. 24, 1948."—V.
168, p. 845.
The
1947
$288,100
4,221
eniereu
dividend
in
♦Deficit.—V. 166, p. 448.
1,466,500
it
per
$3,669,910
Net ry, oper.
503,891
since
$7
a
846.
p.
July—
484,859
106,966
Eastern
proval
$47,000,000
*83,925
133,111
''
record
for
common
295,372
$347,200
63,151
facilities
at
26,340,301
company
431,309
10,706,247
——„
dividend
of
570,134
394,511
168,
railway
oper.
Net
777777-'
ton, N. J.-—V, 168,
544. v....
New York
The
345,291
674,743
p.
Issued
railway
front
Erie
544.
:
'
to holders
37,019
2,486,458
2,318,990
133,054
672,419
new
pansion
Derby Oil Co.—Ruling on Stock Dividend—
of
13,704
3,035,020
2,629,000
■
railway—-w——-——
Net.lrom railway..-Net ry. oper. income
—v. 168, p.
87,876
3,656,899
168,
'
-
dividends
fx'om
59,087
income™
'Deficit.--V.
The
1948
,
from
front
1945
income.—
oper.
to
Jan. 1—
n
1-y.
$348,882
44,552
The
Net from
Gross
rv.
Fro
company on Sept. 1 announced that its new
plastic materials
manufacturing plant on the Ohio River near Parkersburg, W.
Va.,
will be ready for full-scale
production this fall.
Denver & Rio Grande Western RR.- -Earnings—
Juiy—
Net
(E. L) du Pont de Nemours & Co. (Inc.)—New Plastic
Plant Soon Ready—
644.
p.
1946
$386,004
133057
railway..__
railway———
from
ry.
preferred
not
^ 'Deficit.—V. 168,
1947
$497 877
55,465
from
Net
equal
1948
from
from
Net
1948
i34ft
Net
$6,537,045
1,627,933
768,719
oper^ income—
from
ry.
2,261,875
105,937
railway
railway—
oper.
stocks
Juiy—
Net
The
lrom
Ntt
2,099,145
Gross
From Jan. 1—•
1945
shares, /
Elgin Joliet & Eastern Ry.—Earnings—
Winnipeg & Pacific Ry.—Earnings—
From Jan. 1—
Net
3,817,190
$561,919
..
,
from
from
Net
Delaware Lackawanna & Western RR.
Gross
10,213 685
5,408,322
July—;
3,006,507
C
■
•
,
respec¬
4.3
be allocated
proportionately to common stockholders and War¬
holders, with warrants being considered equal to one-third sharfr"
Gross
p.
second
common.—V.
Net
railway
July—
Net
4,527.449
19,799,957
8,660,590
4,569,452
10,071,622
5,843,995
-
-
.7
168,
shares,
and
from July
while
of
21,602,507
income—
oper.
6.25
added.
staff
rant
14,540,673
income
7 'Deficit.—V.
4.1
and
would
1945
railway
railway—
from
5.9
$5,808,832
railway
oper.
given
second
warrants
-
1946
from
Net
Net
Net
of
the
From Jan. 1—!
Gross
$4,120,921
oper.
reorganization
$5,545,796
3,310,958
1,851,377
3,956,253
2,376,618
23,985,817
railway
are
share
1, 1948, to the date the plan becomes effective.
preferred stockholders to the plan was geared to
speed in consummating it, the staff said.
Tney should be compen¬
sated
for any delay which ensues, rather
than permit earnings in¬
crements to seep down
to holders of the common stock and option
rate
Gross
...
,
from
from
preferred
preferred stockholders
annual
*' 1938' $10,°42;
1947
-
railway—.
first
$6
•
only change recommended by the SEC staff is that cash be paid
second
Assent
cumu-
$5,172,009
2,149, i50
railway-
oper. income..
168, p. 544.
Net
railway*/—,;7,422,145
from
The
to
Duluth South Shore & Atlantic
Ey.- -Earnings—
interest
$4,747,272
irom
Net
/
Net
2%
railway.™
oper.
7%
of
tively, and holders of $7 second preferred get
respectively, under the plam /'■/'•:,7',j';
' /■':
par
$5.498,5b3
3,905,117
-
Fy.
—V.
Prom Jan. 1—
Gross
from
fiom
the Empire
railway./_—
Net from
$2,177,940:
no
Holders
,
1948 -tin-
rate
at
railway
railway
ry. oper. income—
Net
Gross
from
Gross
outstanding first mortgage 3% and income bonds due
have been called for redemption on Oct. 1, 1948* at
1952,
of
1948
,
from
Net
the
1,
stock
From Jan. 1—
(N. Y.)—Calls
Bond9—
All
preferred
shares)
M,«6.M3.-V! l1";p<,STo42."UrPlUS SlDCe
Gross
$1,715,206
Net
Oct.
pr.or
108,897
Duluth Missabe & Iron
Range Ry.—Earnings—
:
729,377
■
741.
P.
insur-
Subsidiary
surplus
Balance
unexpired
FebU1iP ^Q-?RU^io2iA1948' r*sultinS from capital
at
total,
July—;
—V.
No change Is
suggested In the exchange ratios which provide that
holders of $7 first preferred stock receive
for each share and dividend
arrears
(6.5 .shares ,of United Gas Corp. common and 4.5 shares of
common of,the
new
holding company to acquire control of the four'
electric operating companies in the lower
Mississippi River Valley.
(par value $100 per share), $74,500; common
(issued and outstanding
87,998 shares), $37,998;
value
pr.r
convertible
outstanding
5"v* of no
Preferred stock
stock
381
$3,271,490
$258,301
(issued
alter inter¬
etc.,
$330,403
1948
°r defexred expenses, $86,960; goodwill, $1;
PleP
ol00,000;
as
V
income
Gross
30,
J for dePreciation $1,144,659), $729,431;
S3 420 683
value
$3,083,027
v...7,828
;
JUNE
cost
«^ABILrrJ,E&TAccounts Pftyable, accrued payroll, etc., $369,332;
Ptr^Fffa«oi/ri00,000: accrued Federal a«d other taxes, expenses,
^n^'filif- 'i
'
reserve tor inventory price fluctuations and other
"
1948—12 Mos.—1947
2,473
—'
store
inf leS!!
total
Light
&
Dallas Power
Period End. July 31—
(at
alterations,
time.—V. 168, ^ 741.7
this
at
SHEET
accounts
receivable (less reserves $16,707),
or less» ndt'in excess of .market),
bu.ldings, maohinery, factory equipment, factory
implements, store fittings, office equipment, etc.
!i #9?
$2,224,005
$3,548,923
,
Prov. for Fed. inc. taxes
/
—
2,391,689
.
ditirf02
wends
exchange will receive the proportionate share of all back
paid
fPr,LJune 30Rho»
ares
st°ck.
of
V<
the convertible" prior preferred stock/-/' :..*•<
1948 there were outstanding 745 shares of 7%
pre108,897 shares of prior preferred stock and '87,998
on
common
'h
1
stock.
r
ffl ^xes
slon
for
PrJS l0iS
uerred
Profit.
'
V
/
INCOME
-
'7
7
PphII] 8 loss
•
after Charges—
Electric Power & Lijht Corp.—Weekly Input—
f
•.
recoverable..—../
Federal
income
'
STATEMENT
1947
—'
$76,891
115,564
—-
e
$354,874
• 54,542
1946
....
>$141,925
taxes
dividends __a
•
7 •:/>;/
of
—Calendar Years—
6 Mos. End
June 30, '43
$569,374
214,500
-
53,583
*$88,342
'
,
*$38,673
the
this
week
V
ended
corporation
10,532,000 kwh.,
;
or
Aug. 26,
amounted
14.9%,
over
income
dividends
corresponding
week
of
last
49,923 /
—
•
56,875 '
Interested
staff's
parties have until
recommended
is scheduled
findings.;
for Sept.
21.
Sept.
,
16
to
file
objections
Oral argument before
>
>:/'
/
to
the
SEC
the Commission
available,
common
stock.-
%
49,923
$3,920,828
113,750 /
/'
$2,234,320
$2,177,130
$3,499,000
$3,807,078
Billings to customers for Ihe quarter ended June 30,
1948, amounted
less than billings in the
corresponding quarter one year ago but was the second largest quarterlybillings in company's history. •
•
to
year.
SEC Approval Urged for Reorganization Plan-
Approval by the SEC of the reorganization plan of the corporation
only slight modification is recommended by the Commission's
Public Utility Staff in its findings and opinion on the plan.
•
income
to
1948 the System input of subsidiaries
to
80,888,000
kwh.,
an
increase of
the
Net
«.
with
——
'-24,468 7,^ 24,468
r-- iia-t./,: /
Net
Preferred
,
/.For
COMPARATIVE
'
Oopraiir.
•
...
-
$22,247,943.
This
amount
was
Billir.gs to customers for the
to
$38,904,687
months
of
$10,443,787.
compared
1947.
With
Unfilled
$2,839,276
first six months of this year amounted
billings of $40,878,589 in the first ^ six
on
June
30,
1948,
amounted to
orders
'
Company has completed negotiations for the acqu'sitlon of all the
outstanding stock of Stokes and Smith Co. of Philadelphia, in exchange
THE
(942)
<5
shares of company's common stock.
It is anticipated that
acquisition wilt be consummated shortly.
Stokes and Smith was
founded in 1900 and is a leading manufacturer of equipment for
manufacturing paper boxes and of filling and wrapping equippent
for
COMMERCIAL
General
65,000
for
<fry products.—V.
The
>
to
£>u%,
cojueap^uumg
from
Net
from
Net
ryi
722 016
377,191
1,034,834
™
9,289,946
2,523,999
income—
1,241,429
8,065,655
2,326,906
1,144,784
income-.—
opev.
599,725
Prom Jan. 1—
Gross
from
Net
rv.
railway,—
oper.
588.280
Net
profit a.ter charges and
per
share
S
Mutual
2,953,861
•
Georgia
RR.
Florida
&
$2.52
:;
from
ry.
railway
1947
$228,891
53,508
*■2,108
1,603.247
1,469,834
145,845
>
7
r:
It
24,691
.
7,661
121,978
1,361,940
122,G91
1,347,423
192,222
*83,755
*50,786
in
3,226
"The company
pn
covering
plan
certificates
8(124,400;
Net
systematic
and
and
75
interests
aggregating
certificates, both
Mutual
plan
income
beneficial
Fund,
Founders
in
market,
at
railway.
railway
yy.
income
oper.
*73,087
4b,541
.
V
—Jan. 1 to Aug. 21-
Week Ended Aug. 21
1948
Operating
Francisco Sugar Co.—To Pay $1.50
directors
capital slock,
first
have
payable Oct
declaration
made:
declared
July
this
75
1,
In
and
Dividend—
$1.50
1947
1948
1947
$56,600
revenues
following
the
1947,
Oct,
$1.25.—V.
1,
167,
$60,475
$1,813,577
$1,676,359
180/.
n
'■
were
Net
Froedtert
Grain & Malting Co., Inc.—Increases Com¬
Dividend and Declares Special of 20 Cents—
~
The
directors
cents
share
per
common
stock,
represents
rate
on
Sept.
and
declared
1
special
a
payable Oct.
increase of 5
an
paid since January,
dividend
30
clared
on
record
Oct.
the
$2.20
dividend
preferred
Oct.
15.
Net
Net
ry.
168, p.
—V.
This
>
EARNINGS
Net
sales
SIX
MONTHS
ENDED
;V
—-i'
—
582,709
;? 312,267
1,481,064
Gross
income—
693,036
376,034
94,809
1,247,795
Cost
from
railway
1
Total
Prov.
service
doubtful
taxes
sold
and
selling,
;
notes
and
ry.
earnings before
of
Net
earnings
Dividends on 4%
on
per
Net
111,004
$569,025
% 57,657
-
'
210,425
,
selling,
sales,
;
1,784,765
:
i
income.
323,258
3,273,700
3,987,200
57.7,852
tion
and
i-——
:
It
>
v
-
after
stock.
share..
common
accrued
,
CONSOLIDATED
BALANCE
SHEET,
JUNE
meeting
June
declines and, other
i
icontingencies;,''--!,^-----,^----^/-----^—— /
$5,362,571f
expenses,
v
Federal
taxes
i
$3,667,-
$15,000,000;
End.
Gair Co., Inc.
(&
Subs.)-
and
—_—$203.772^
taxes
June
shows
30
a
.•;
>
.——
at
current
ratio of
/ $219,006
$0.68
.'•■
assets,
5J/4-to-l.
•
Other
$0.73
.
•'•
to
Prov,
on
Co.
on
Cincinnati
July 31—■>.
S.)
which
company,
U.
S.
Co.
3%rk
notes
and
for
de¬
after
co._—
operations
Profit
~
^
Profit
—V.
Canada
1948
:;-v
.'i. 1
M
$4,106,000
$3,512,000
647,541
408,202
railway—/—
from
Ltd
2%%
for
$3,851,084
611,210
21,717,000
railway—
4,146 024
5,131,070
*75,346
4,591,098
.oyer, income
1,614,351
2,279,176
*1,624,208
321,252
602,891
$4,453,975
sinking
serial
income
■'.July—
\;t(V
V
90,000
180,064
1,411,000
railway—.^
Net' from
income—-
$254,151
27,186
$227,209
42,022
46,450
9,122
22
9,116
ry. <opev.
fropi
railway
$1,469,620
—
179,287"
applicable to common stock
sh. on com. stk. outstdg.
$1,379,976
per
from .railway——
oper.
-
530,756
164,004
146,587
3 Mos. 1948
Bales
taxes
561,960
/
Bus, miles; operated____.
Other
Period—.
depreciation,
and
for
state
taxes
after
all
and
Income
♦Earnings
♦Based
,
,
ilncome
share
per
on
of
2,338,317
above,
for
inc.
(est.)
1,431,900
2,828,400
now
for
givo
14,
June
effect
1947,
of
30
to
all
Selling,
admin,
Provision
lor
and
general
tNet
Net
—V.
i
$6,513,682
855 340
depreciation
408,496
—
before taxes—
Federal, income taxes
'
-
■
54 24^
3,515,047
11,611,501
'
.y
i"
'i
.
20,339,091 '1 5,841,971
/ /pany,
t
f67,
p.
2683.
,
„
,—v
expenses
4,672,DlS .V l,,467,9g9 .1,685,463
-
2,110,000
$3,265,910
;-ized
7%
> "
35,000
35,000
6,108
85,582
78,443
3,415
23,768
35,063
$4,549
$30,753
$58,155
3,073
$0.46
$1.66
t
,»
t
.
34,833.
.
$0.62
i
-/
/
taxes
)
j
78,867
;
*>>•>%
Gross
Int.
•
j
income
long-term debt_
debt
disct.,
prem/ and exp. (Cn_
: 1948—12 Mos/—1947
' $5,475,729
$4,971,521
>2,591,764
.-,1,936,699
400,171 /
30,000 ki
■
•/; 4.000
r
48,000
100,188 " >•'. (391,643
y,,V
-
1745,985
,;V>
Other
$111,187
16,492
deductions
''
the
48.000
;' >387.257
.
806,762
14,164
161
205
$1,297,166'
-
176,336
$1,417,802
'170,031
i
Cr3.163
'«
2.283
2,464
2,821 /'
21.725
15,435
has
S3,232
V
,
30,082
.
•
$7,669
$63,986
'
$88,237
338
>
.$63,277
$87,893
.$1.29
$1.79
-
retired
of
Chairman
as
^illrvofe Oct.-21
common
the
of
board
this
of
com-
1809L;.
v'*" ' '<■
-
vahie;
par
•
-
be
of
the 320,000 authorshares of
shares of 7%
to" 800,000
value,
par
the* authoaized
33,800
435,200 shares 'of
$25;. par .value;, and changing the
the preferred ^stoek from 4. to -SMj vo.tes. per share.
preferred
-
changing
on
stock,. $25
$10
stock
preferred
$100 .par.'value, *t-o
stock,
issued in
new
exchange for "eacn present outstanding common
shares, and in exchange:-for; each outstanding share of
7%: preferrofl
par
stock
,
stock.—rV. 156,
Hiltoii
-
Hotels
June
same
21
On
30,
foiir
the
shares:.of
2038.
p.
n
,
r
$25
new,,
'
,
value
par
/
Corp,^Quafterj^. Report—
owned 69.4#%
corporation
1948,
O.;
and
in
earnings
period
cents
like
a
per
of
Palm
amount
of
.
these
1947,, the
common
1948,
30,
of
stock of the
of the
equity, in
the
-
Biltmore
not
earnings; was $348,172,
■•.;>. ■>•>'
its
Biltmore
Ne.l
Beach
was
:
disposed of
Beach
Palm
the
of
Palm
the
companies
share.
corporation
/."Neil* House Co, and the
>
D>e.h- 50%
Corp.t- Washington,
July
in both the
securities
Co.
and
the
title >to the
Accordingly, the , Neil
House
no
longer, is a part of the Hilton system,
while the Palm
Beach
Biltmore
now
is
a
wholly owned property of Hilton Hotels
'Corp. ' v. //•/'
?% >'••.;•
•••';; '>>.■";>>>•' . •
For
:
k
House Co.,
Co.
included in the
//income account for the six months ended June 30, 1948. inasmuch as
A no
dividends
were
received.
Company's r'equity
in
the
earnings
/amounted to $279,998 or 17 cents1 a share on ; common stock. 'In
325,000
•
of
,
>
Pineapple Co., Ltd.—Chairman Resigns—
stockholders
Golumbus,
$38,053
on
3,119
$6,927
share
.non-cumulative
As
,cr
income .taxes
:3,3I&
'
709-
Dole
shares
hare, 2-^:
>
171,289
4,000
Federal
i
is/-■ ' r-y.''7
•There will
i
,
$416,664
202.567./-
depreciationAmort,
of plant acquisition adjustments
$3,608
,
«
.voting-rights of
v
Beach
the
>$10,514,933.
year
ago."
Bdtmore
quarter
This
: Hotel
ended
was
June
compared
acquired.
30,>1948,
with
revenue
gross
$10,447,331
the
in
amounted to
months a
same
'•;■'■'
.
; t Net income in
the 1948 period was $999,273; or 58 cents a
/on common stock after payment of preferred dividends.v During tne
./three months ended June- 30, 1947, net income from hotel operations
.
Net
Divs.
income
on
stock
:
$94,407
5,513
5,513
$69,972
pfd,
$75,485
$88,894
'
$1,101,388; i $1,234,799
66,156
66,156
was
,
2,916
p. 743.
/ preferred
"1948—Montfi- -1947'
for
'Amprt.
1,335,000
62.734
2.916
taxes—
capital,
per
15,666,973
$408,921
<r«.
v.^-
-
402,996 '
5,375,910
598.892
71.035
/which he founded 47 years ago.--V. 167,
The
+?■
'
of
,
July 31—
revenue.
Operating
768,568
$5,342,117
33,792
$868,290
801 021
5 705
(George W.) Helme Ce.,; Inc.—Plans to"Split Stock—
^ 7,616,034
"
$2,180,047
—
income
167, P. 2635.
$3,460,805
—„
—
$1,047,160
48,622
Li
i Hawaiian
-y$]00.
'Gross
1947
$4,724,641
>
(net)
expense
income
Prov, for
Earned
v
taxes.
General
—
Net
operating profit—
Other
income
(net)
1,204,383,
income.^——.——
Period End.
sub-
preferred
1948
before depreciation
1948—12 Mos.—1947
$71,317
charges
.
The. equity
_
Six Months Ended June
30—
•
'■
>
•
6,884
10,640,202/ 12,985,208
-common
stock,
,4,7^8,231 ^ 5,369,174// non-cumulative
income
—V,
1947
the
6.381.773
6.206
income
'-V.168,
11,286,882 ,13",453,062
.646,680;.467/8(34 /
.....
Gulf Power Co.*- -Earnings—
months ended
8,751,642
-f-
Net
-/Mayflower
Corp.—Earnings-
sales,
.
^00,635: >I,ft4i,56F>
35,830,903
deductions.___
for income
Prov.
on
———J"
income
applic. of stock of
coipo*f.tk)p
_—L
Amount earned per share of com-.
man stk. outstdg. at end of period
outstanding.
purpose of comparison
and retirement on Oct.
General Cable
8,986,247
'
$2.03
six
1,347,173
$80,659
income-
'
the
conversion
-
f
74,521,592 ; 67,118,842
Net
-
$4,751,016 /
the
1.502,500
2.852,190
83,507,839 >78,730,343
•
4,945,024
applicable tn stock
subsidiaries held by public
"3,576,200
stock
com.
share
Net
77,911-
shares
per
•
347,854
900,000
stock.—V. 167, p. 2685.
Gross profit
182,132,893
—
income
Net
$9,652,982'
381,832
1.502,500
1,343 193
•••"■. v
■
1947 £••
$7,439,730
190,306
charges
NOTE—Earnings
stated
$3,764,5 J 5
contingencies!
on
\
7
charges
Fed.
sequent
etc.—_
depletion
Provision
V "WCi1
"
Prov.
1848
79,600
W
2,852.190
1948—Month—1947
!
income
Gross
151,241,009
Total, income
*1,897,623
6 Mos. Ended June 30
June 30, '48
before
Interest
Federal
—6 Mosi; End- June 3.0r— /
A: 1948
1947
:?iC.
-Earnings—
3 Mos. End.
62,559
1,030,205
J,
52,435
—
Gaylord Container Corp. (& Sub.)-
Depreciation
*5,458
480,127,441 229,563,685k 216,328,353
income
Net
Income
■;.
.
$
$1.74:#'v; Nil
.
1,096,888
61,929
•
/ >•
accruals
res.
Tnterest
/Yr. End.
June 30,
'
9 Mos. '47
2685.
p.
1,045 000
1
63,969
/. James D.
1,897,105
$0.51;;
July
•
•
■ ■■
General taxes:
1,613,954
334,£'34
$8,303,609 $26,233,176 $24,674,815 *
———
Net profit after
prov. for Fed.
Earned per.common share
'
•'
Net oper.'rcvehuei-L.i.--,L--——.« 130,891,884
9 Mos. '48
-;r
.
operating Income
Non-oper. income, net-i
Period-r-
,
Industries, Inc.—Earnings— "
i
payable
'$2'
$24,862,693 $23,413,031
Net
Operating -revenues
'Operating expenses—
167,
230,540
450,721
;
income—
V/v$1.75
168, p. 654.
Gar Wood
1,509,042
1,800,557'
Grey hound Corp.—Consolidated Income i Statement-
$3,046,187
$1-51
.
.172,300
*
.170,412
$2,683,623
$0.78
385,722
160,000
.
1150.
p.
,r
•
Maintenance
i*Deficit.—-V. 168, p, 540. ""
$3,216.'599
89,643
s
166,
Ret're.
2,100,014
ry.
;
Operation
'-
*
,
:
;
period
dividend—,
dividends,
common
:■>••' Period. End./July 31
Operating revenues
$234,234
15,394
$302,403
>
37,100
Net
•
156,390
"1,677,000
$2,362,910
685,000
854.500
352,531
Haverhill Gas Liffht Co.—Earnings^1945-
1946
.19481947-•
-
/Gross from raUway^.-
fund
notes
tax..i
&
Total
•
$5,049,989
.
879,024
>
2,853,706
/. /
-Gross
general taxes—_____
income taxes—
preferred stock ($100 par)_^_
,5 ri( cumul. pfd. stock second issue ($100 p^r)
Common
stock
($10 par).
A—,.
Capital surplU3 -.j———.
Earned
surplus
—2—
-V.
Net
bonuses—2.
cumufative
5%
387,973
18,662,000
i,a*7,4U0
1,321,197
'957,179
777.683'
'
.
and
Wisconsin
$3,000,000
>
84^,0u*
1,084,711
2,131,131
4
from
ry
estate
and
$3,000,000
'
for Federal income taxes, less U. S.
Treasury notes V—_--A-.—u_——_
Green Bay & Western RR.—Earnings-
$4,630,539
419,450
1
«;
pa,yabh to 'hapk$..!phsecur^d--r----i-ii^2
Preferred
'
A12,989
25,552,000
28,622,000
1
96,271
/
Reserve
From Jan. 1—
Gross
1
$24,862,693 $23,413,031
/
$3,144,000
-
62,027
4,983,103
126,662
for
-■
130.205
5,196,053
■
real
1945
350,599
/
/.:im365:
313,751
oiieji' income---
$3,213,000
131,13L
etc
Accrued
;C
•
•
.
cost)—
wages/ commissions
"V '
ft*?: 1946 /V;
> " 19.47
.
$2,124,040
71.745
plants .(r.t
Accrued
'
Net
secured
•Loss.—V.
30
1947
insurance ,fund__.
Advance payments o.n contracts from customers
Accounts payable, trade—.—;-l—.—i—;—
Other accounts payable and miscell; accrual—_
$5,004,055
W^slerri RIt. -Earnirigs--.^.'
Gr4ni^
1948
Profit
JUNE
-1948
.
.
4,253,544-: > 4,254,220
LIABILITIES—
MOs.—1947
$6,872,682
•:
FromJgn.l—
$1,923,367
'•
Total
k
•
1948—6
1948—3 Mos.-^1947
$3,709,930
$3,144,262
July
"■Net' vy.
Ended//-/
.
,
12,872,588 > 11,669,709
■
> 84 291
;;.>. 88,455
Patents, patterns,
Peferreii charges
6 Mos.
.Ended
$2,244,620
Federal
Preferred
BALANCE SHEET,
assets_i_——
current
Operating
acquired
was *
s\"
'
from ra ilway
i
Net-from railway—--.,
June 30,'48 June 30,'48 June 30.'47
$11,638,050 $23,528,021 $23,349,219
2,168,771
4,333,504
5,013,889
235,653
1363,850
462,920
9,750
19,500
19,500
profit
on
Prov.
(U.
deductions
Gair
Total
Int.
customers
from
Profit of
$1,532,727
receivable
accounts
Reserve
168, p. 743.
Grcss
stock .(par
6 Mos.
Ended
pfd. stock of sub.
Profit
.
s
-
.
Other, assets—
Earnings—
Quarter
'
(below).
depreciation—
—-
for
Divs.
CONSOLIDATED
'
Compensation
$3,757,402,
•
"'
Period-—'V,../''v
before
300,000
$1,700,585
,
Inventories
that on July 29 the purchase of The Cin¬
was
completed, as approved by a special stock¬
June 22.' The earnings reported do not include
—
Net
sales
172,300
..v,—--.-,'.
$2,126,763
Notes' and
; 1947
1948
;
deprecia-7
income,
Period
~V.
$474,745;
accounts
on
'
167, p.. 1469.
Sales
$80,752,099.''H.;
payabld
!
$13,000,000;
charges
the
of
30.—V.
Net
(Robert)
Profit
1.127,700
price
483,033 !•
163,539
Notes
2578.
Net
$3,078,577
—
/•-Balance.. surplus
(A. C.) Gilbert Co.—Quarterly Sales Higher—
1948
30,
preferred
'V
$2,835,653
y'-
£lso. announced
was
.earnings
$100', $12,279,000; common stock (par $1), $1,215,956; capital
surplus,
$10,994,468; earned surplus, $18,284,784; total, $80,752,099.—V. 167,
•
1947
54,150
^
COMPARATIVE
sheet
Planer
607,978
:
$2.53,
636; 3</c sinking fund debentures, due Aug. 1, 1966,
ferred finance
revenue, $947,684; 4%
cumulative
p.
1948
.
——•
.
share...
per
balance
cinnati
——$3,322,018
246,590
—
preferred stock—-.
LIABILITIES—Notes payable to banks,
and
\
$3,132,727
1,565,707
281,4.15
449,"'1
against current liabilities, $710,217,
$2,911,470
410,548
expenses, $479,089; investments and other assets,
plant and equipment, at cost (less reserves for
amortization of $5,204,165), $16,570,007;
total,
property,
^
(net).
Total; income
:f
income---
income
The
•
ASSETS—Cash, $4,633,356; notes and accounts receivable, less re¬
serves, $28,163,527;
inventories, $30,429,375; prepaid taxes, insurance
other
.;••
income
income
69,643 :> Prov..; for
-inventory
3,557
,>/;
3,608,549
867,132
oper.
Earnings
389,105
non-recurring
common
CpNDENSED
and
'
allowances, etc.—_ $22,961,252 $20,347,050
adm. and gen. expense-.. 20,125,599
17,268,473
less returns,
sales;
$2,905,565
Federal income taxes'------------i;045,000
Wisconsin in'come tax—'160,000
1945
$435,159
713
-
rairwaiy-L;--- % 4,283,503
holders
Earned
167,
69,912
.
66,812
41,156
6 Months Ended June 30—
38,024,388
1
Non-recurnng income (net)—
Dividends
reserves.—V.
(& Sub.)—Earnings—
Harnischfeger Corp.
Giddings & Lewis Machine Tool Co.—Earnings, EtCw-~
and
——
accounts, less recoveries
-
income
on
admin,
—
expense—
Federal
Net
and
expenses
for
material
raw
„
6 Months Ended June 30—
Other
:
$497,517
151,611
income— ^
1,132,355.
—V." 168, p.
$43,220,732
—
products
Intorest
the
40,423
income
of
general
their
to
addition
substantial
a
ASSETS—
Cost
on
operating
fame
1922.
p.
Eartiings-^
railway——
from
Net
439,057
income.
from
Net
$585,112
railway
oper.
From Jan. 1—•
$42,741,252
—
revenue.
854.483
from
ry.
•
interest
operators
and management
parties.
Operating
Gross
1948
30,
substantial
a
ore
in
168, p. 546.
Gross
JUNE
5,709,698
i.
Interest' in
30 that sale of
the large iron
of
one
Agent for Group Whi'ch
Mesabi Iron
as
210,164
"
Net
-
Finance
Other
FOR
4;513,030
stitute
245,158
;
X*/•).'' 194? V;
of 55 cents per share was also de¬
stock, payable Oct. 30 to holders of.
(& Subs.)—Earnings—
4,557,149
Georgia Southern & Florida Ry.-
150.
Fruehauf Trailer Co.
5,030,663
open,
Net
15.—V.
railway-—
railway—___
from
///>:>-.. ^
v
59,960
income---'
oper.
$858,268
$724,019
V-
•
both the quarterly
dividend declared a
in
110,776
93,111
/* 56,733
from
Gross
the
on
88,941
•'■7
:
railway
railway
•/From Jan. 1—
•
17Vz
of
share
per
record
of
the special
V
usual. quarterly
The
cents
20
share
per
in
year ago.
s
of
holders
to
cents
1945, and
dividend
quarterly
a
1945
1947
$635,311
122,525
from
from
fy.
V.
1946
1948
$738,176
.>>:>
July—
Gross
'
-
Georgia RR- Earnings—
:
Net
mon
•
.
payments
p.
•
-
share on the
15.
This is the
per
holders of record Sept.
to
1
year.
cents;
of
dividend
a
5,639,733
personnel, but Hanna will... assume the
of the operations, as agent, for the
'
'
'
'
;
butler Brothers this year are operating five groups of mines on the
Mesabi Range, shipping. approximately. 3,090.000 tons, and have
large
undeveloped ore reserves on the Mesabi and Cuyuna Ranges in Min¬
nesota.
In
addition to the Butler properties, undeveloped properties
owned by Hanna Coal & Ore Corp. will be
included in the arrange¬
ment.
Subject
to fulfillment of
the outstanding ore contracts of
Butler Brothers, this tonnage in the future
will be available for use
by the steel companies participating in the purchase and will con¬
the
by
supervision
—V. 168, p. 742.
The
15, (45,796
'
Aug.
on
Brothers,
Range
interested
Period—..
$124,400.
4,026,722
income-
announced
was
name
"Deficit*
viz.:
50,000 systematic payment plan certificates, at market, $286,000; 20,000
accumulative plan certificates, at market, $124,400;- and 20,000 income
plan certificates,
from
from
Net
.
10,322,020
4,322/923
4-5,845,613
41,351,451
11,658,654
2,002,740
651,347
Minnesota, has been made to a group composed
of
Armco
Steel Corp.,
Inland Steel Co.,. Wheeling Steel C„rp;v and
Hanna Coal & Ore Corp., a' subsidiary of The M. A. Hanna
The Butler Brothers business will be continued under. the same
From Jan. 1—
Gross
Aug. 20 filed with the SEC a registration statement
payment plan certificates, to be offered at/
full-paid plan certificates consisting of 75 accumulative
buO
each;
46,081,249
Eutler
Mesabi
'
f;l,500
railway-
railway—
oper.
^Deficit.—V, 168, p. 546.
$190,942
$213,573
>> 32,290
26,768
19,150
raiJway.-^_^_,.,
income
oper.
1945
1946
1948
from
Net
-
35,633,888
3,obo,u^a'
*1,222,910
oo9,d<±3
$6,553,352
y.ty
•
(M. A.) Hanna Co.—To Act
Acquired Substantial Stock
Range Firm—
<
Earnings-
$292,054
July—
Net
Colo.—
'
;
ry.
1945
$5,304,667
444,745
*233,obd
1,202,480"
•
864,774
from
from
Net
$5,630,964
1,956,742
income.
oper.
Net
1943.',.'
1947
.
$6,974,118
ruLway.
From Jan. 1—
Gross
1,932,021
$2.45
—
929,670
Denver,
Registers With SEC—
l,ob6,104
taxes
ry.
'<(■
9,786,124
6,679,038
1,071,907
488,754
Corp.,
Depositor
I
from
1948
.
1
from
Net
1948 '
1947
$58,329,445 $54,995,157
'
•
Ohio RR.—Earnings—
.4
railway-
'
;
168, p. 45.
,
Gross
Founders
Gross
.
;■'^:.vA-:":':7>
Earnings
545.
p.
>•>/'•
31—
200,403
v
i68,
—V.
Ended July
sales
—V.
'
.
from .railway
Net
9 Months
u*
Shoe. Corp.—Earnings—
Net
$1,646,171
$1,226,129
417,567
526,606
2,040,071
''
1945
1946
$1,735,558
railway.
railway.,...—_
even we
General
Earnings—
1947
1948
July—'
•
increase of 12,576,052 kwn., or
las<, year.—V. 166, p. 846.
151,309,981 kwh., an
July— ;.
v
Net
168, p. 645.
Fart Worth & Denver City Ry.
Gross
27,
the week ended Aug.
output of this corporation for
1943-amounted
"
.
electric
Gulf Mobile &
Output—
Public Utilities Corp.—Weekly
the
f
Monday, September 6, 1948
FINANCIAL, CHRONICLE
&
Balance
—V.
163,
p.
$1,035,232 > $1,168,643
vi net
$1,195,284.
or
non-recurring
67
cents
profit,
net
per
common
share.
income; totaled
.^common share, in :the second quarter,
a
year
Including
$1,221,908,
ago. y- •A."
or
a
$26,62*
68 cents
'''f
*
'
Number 4731
168
Volume
REVENUE PROM
:.Y
department .!
Food and beverage dept
Other
operated depts
..._
1;; J, 7
i,;
'
''1947
$8!l68,424'!'
Oper.
dividend requirements
annual basis.
v•
and cut
an
on
INCOME
:
':■V:'--,---
h
and
Operating
administratixc"
163,906
Prov:
All
for
Fed.
inc. ,tax
operating
15,949,110
Store
•!
income,
income
Dividends
521,326
profit.!
and
Deprecation
Provision
v*
'
i
Net
$6,071,406,
The
••'.
1,312,500
1,057,864
;
987,892
ta-X—
1,285,199
1
profit...;.
non-recurring
Dividends
items^—!___•'.$2,097,127
Earned—■
1
\.
-
Including
non-recurring
f Based
?
1.616,397. shares en June 30i
1947.—V. 168j1 pv '640.
'
'
on
Jufte
cn
30,
stockholders
32.6 times;
•
»
•
Name
$1.20
55,747
90,253
1,135,265
1,034,795
Interest
,
>
Net
;'
"
system
i,624,002 shares
1948 iand
$4,760,178
♦
389,588
$3,522,364
V 389;588 'X
•
and interest.
Waosau,
■'
,
_
the
at
yfausain.
of
present
has
time
was
two
April 30,
1948 of
additional share !
one
from
.
started
-
on
-
Boise
220-mile
a
transmission1
and'American
line
built
at
will
become
Falls,
in
use
the
estimated
an
Superintendent, sa.id.
the
in
other
school
fall
operate
will
-
constructed,
parish
recreation'; center.
*
\
*
4
r
the
by
at
of
cost
The
of
for
Federal
increase
1S43."»i
May .31,
uncertainty
the
to
Due
of
an
from
will
of
$3,000,000,"
B.
largest
than
more
in
50%
as
the Snake
on.
add
to
obtain
business if or
in
York,
New
and
certain
The
gasoline
recently acquired
to
devote
with
their
.v'cw
a
attention
toward
to
making
an
Bridgeport,
will
It
areas.
will
y~1
permit
.The;
company^
of
assistance
the
the
eventual
Lectro-Max
acquisition
the
In
next 1
kilowatts
first
'
.*
.
*
New
by
months
its
over
construction
of
the
an
underwrite",
$1,962,901
1,268,348
968,336
19,286
238,361
5,960
16,821
*125,042
165,986
accruals—
12,500
10,833
138,333
,127,083
income-
$29,651
$432,360
$444,890
Other Income- (neb)-a..
J9r737
4,777
$28,914
$42,136
Taxes
Retire,
EARNINGS
FOR
SIX
MONTHS
ENDED
JUNE
Total-income
$118,000
over
spent
Selling and
•-j'.
Other
;
■-
and
general
admin,
expenses
133,765
income
_!
lines
of
Gross
Net
l
'
'
•
from
from
Net ry.
^
*
;
; i
;
!•
1,359
railway—.
!.
railway
>
-■
-
•
.
$2,548,341
(2)
1,034
ICC
The
V.
profit
for
period!!-.——
$1)6,627
date
168|
$'.8,253
ASSETS—,
in
w
banks
and
on
1948
.*
hand
v.!
*
:
1945
1946-
$2 ,574,068
716,888
16,G74,448
15,621,634
,583,P85
2,473,341 v; 2,240,880
485,905
271,501
•
252,005
Net receivables
Inventories;
;
423,210
———v
Total:; fixed'!
deferred
,
Aug,
on
*
,088,753 "
.
$1,148,758
24J97
common
an
trade-!!^!!!:
-31,704
—
Customers'
Accrued expenses and general taxes!—
_!_!
Federal and- state income taxes..—!•
Noncurrent liability,.,, net
Capital stock ($i par).!__!-_.___.:
Earned surplus
,!•!:
.
.
v
V
r
11
$1,148,758
/
■,
,
earnings
Net
74^230 V
: 91,950 »
—
and
i
taxes
;
,
required
to
other
taxes
operations
Legislative
are
pay
to
con¬
.
the State.
branches
of
the
and
being
is
held,and
illegally
'
,
•
-
advised further concerning this. matte*.—
j
'
1948—12 Mos.—1947
1948—6 Mos.—1947
$10,359,213
$9,559,693 $20,624,741 $18,944,496
4,167,047
10,338,8208,089,131
617,398
1,845,160
1,240,390
747,798
income
taxesi__
1,511,184 y
1,495,592
1.069,709
317,500
714,700
930,600
-1,204,340
1,071,541
2,322,680
2,154,830
$1,581,319
$2,241,208
$3,676,295
$4,894,851
income
5,131
9,660
$1,586,451
——i
income
$2,250,869
•
15,306
26,759
$3,691,602
7
income
-V.
911,568
933,393
1,841,717
$674,882
deducts..^
$4,921,611
2,159,384
$1,317,475
$1,849,884
$2,162,236
168, p. 152.
Jewel Tea Co.* Inc.—Current Sales Rose 21%—
'
•
•
'<
•
>
—^4 Weeks Ended--—
•
•
sales
•
•
:
——
Aug. 14, '48
—-32 Weeks Endedr—
Aug. 9, .'47
$9,595,947 $91,108,274 $75,201,395
Aug. 9, '47 Aug. 14, '48
$11,603,686
647..
Jones &
Laughlin Steel Corp. (& Subs.)—Earnings-
Period Ended June 30—
1948—3 Mos.—1947
! 1948—6 Mo*.—1947
4
85,522,657 202,554,006 163,786{005
Sales, and" oper. 4;evs.— 105,022,481
Income from oper. after '' '
and an 1
on
the
::
1947
;.
8,460,108 ' ■y 6,865,533
of
sale
—V.
of
(Ind.)
common
per
168,
11,547,197
3,933,452
434,993
2,967,681
244,392
2,969,000
3,131,000
27,893,804
24,904,163
7.600,349
5,784,583
876,062 ' 481,324
6,935,000
6,472,000
Ham¬
est.
6,341,197
2,476,502
shares-
share
1,453,492
1,453,492
!..
real
Income..
Earned
"
income, taxes..
on
mond
No.
I..'
charges
Federal
Lossl
depletion..
and
Interest
Net
1948
15,294,134
expenses
Deprec.
$10,172,442 ! $8,697,036
$1,331,503
19,853
—
2,476,502
11,491,901
2,476,502
11,703,256
2,476,502
$4.34
$2.02
$4.43
5,366,124
'
$2.41
449.
p.
Kansas Oklahoma & Gulf Ry.—Earnings—
^
30,809
Gross
Income
■—
!i!!!*!!wfcw!^!!!--
$1,732,187
$1,862,312
—
647,941
598,468
$1,084,245
$1,263,843
r
159,380
'.;
deductions;
'"f'.V. ^v:*vr-'
Total
Net
income
*$767,759.
.
Gross
___.!_.
v'--''. V'.-v'vf?. *4!f
n
-
Net
from
Net
<
—
from
ry.
'
fBalancei^i!!! !ru!!!!!!..i!---.-.~~ !—V.
168,
p.
744.
railway
oper.
income—
'
159,382 1
From Jan. 1—
Gross
from
Net
-
railway—-
$924,863
$1,104,463
from
Net
ry.
—V.
railway.—
railway..
oper.
income—
168, p. 449.
$415,377
$393,339
137,523
158,416
67,817
38,726
yi\*;
3,233,466
1,435,785
'y..
'
545,926 >
;
_
.
1945
1946
1947
1948
July—
—*—
,
•
revenues—
—V. JL68,, p.
$1,712,333
...
"12,513 I " Dividends' accrued •'on-prefer red stock.
'
?44.
p.
Period—
Distribution—
•
net.
income,
:
,
■
'
-
is
and
taxes,
company
and
company
-
Net, lnaome^!—
Co.—Earnings—
revenues
•
30,000
'
—
this
taxes-.'__^
Total
1948 to stockholders of record
regulars-' semi-annual; dividend" of two cents: per share
of one cent per share have been
declared
expenses
439^380!
40,0001
205,438
-
38,576
67,500
449,380
.
!.!_!_!-!C__—!——!!l!—.—■
168, p'. 1743.,
.v:,
v
168,
Gross
,
140,040
;•
I—".
V:.!!
'*
Total;
—v.
!
-
all
stockholders,
the
to
income is derived from outside
Executive
will be
! Operating income
.
Dividend—
dividend
Other
87,178-
...
surplus :_!_i.!__!!!!!z!_,!!_'!5_!-!'-!!!-
•
7,500
,
though
letter
basic reasons:
company
33,295
■
29,221
deposits and credit balances...!.!.
instalments due within one year—-
Mortgage
Paid-in
•
Operating
$47,813
'
payable,
stockholders
Other
inloial dividend of 15 cents per share
stock, payable Sept. 20,
Operating
$90,793
payable.'
Accounts
the
said,-belongs to
the State.'
*
The
Retail
12 Months Ended June 30—
LIABILITIES—
Notes
of
,
stock,?, both payable Sept. 30 to holders of record Sept. .15. 1
Ah extxa' Qf ofcwo cents-was paid on March 20* last.
*Payments will total seven cents per share for the year 1948, as >■
against .four, cents for the year l947.—V. 167, p. 942. " - *
$767,759
,
of
the
Operating
expenses—
5,441,745
Maintenance —1,043,878
Prov,
for
depreciation
/
of utility plant——
770,430
(Buffalo)—Time Set for Filing Plan
judge John (knight at Buffalo. Aug. 30 has set Nov. 1> as
plan of reorganization must be filed with the court.—
Iowa, Public Service
'•Total
failure
a
two
franchise
income,
even
of total
a
capital
103,235
-
;
total
on
Louisiana,
99 Va■%
Louisiana."
in
for
•
27
directors have -declared
extra
396,426
-
8,146
charges.-..
?
$
284,715-
Prepaid expenses and
Goodwill
r/i\
$1.70
J
to
pay
the. State's
Juat
and
legal
obligations,
the judgment awarded this company against the State in jtho
$897,466, which amount, the Supreme Court of Louisiana, In.
Federal
10.—V. 168; p. 744.
The
■
f. 196,463
191,773
CI
i
/..«{**
.
•
15,000
*.
'
$230,008
j
ni
$1.31
—
,115,640
-
2,913,536
977,428
Investors Royalty Co., Inc.—Extra
$31,835
"V
shares)
the State of
President,
corporation,
Period End. June 30—
p.' 744.'
the
Sept.
."•'1947
;
$240,911
—
of
Total ,oper.
v'.
Cash
$177,197
p. 547.
184,474
Interstate* Power Co.—Initial Common
The
on
Net
96,390
$360,078
f 130,069
Government
effect
$2,451,475481,391
511,850
19.265,504
International Ry.
Federal
the
52v000
state
surplus
"
used by
authorized the company to assume obligation !
and liability,
as guarantor, in
respect of not exceeding $1,640,000 of
certificates, series AA, to be sold at 99.162 and accrued dividends in fconnfectldh with the procurement of certain equipment.—Vi. 168, p, 647.
f
3,734
87,500
and
taxes
The
Other
2,344
Income "taxes..
for Federal
114,490
$322,740
-
145,543
and
(125,000
action-is prompted
Louisiana
and
State-
of
Wafet,'Jr.;
a
State
ducted
236,312
502,996
opef. income-,-
From Jan, 1— *
^
from railway
$133,988
$204,611
charges
Provision
7,861
f
domicile out
this
As
income
RR.-—Earnings—
1947
1948 ..
$3,071,906
781,858
Gross
$131,644
*
that
(1)
Bonds—,
share
common
Eugene; H.
V.
above.—V. 167,
'
Net; from, railway.*^!--,,
Net ry. cper. income
91,918
.
$456,4()J>
$34,275
stock
com.
2468.
p.
its
remove
proposals for the purchase from j \
written
10,075
$18,838
*;•
•
applicable to
167,
said
other
$25,000,000 first mortgage bonds, series due 1978.
Such pro¬
are to be presented to the company, at the office pf American 1
& Electric Service Corp.,
30 Church Street, New York 8, N. Y.,
July— '
.
Total income i
Other
.
$203,252
11,572
$437,230
,
Jefferson Lake Sulphur Co., Inc.—To Reincorporate—
603,827
...
4,869
.
Jersey Central Power & Light Co.—-Earnings—
$827,389
Profit,.'from:': operations-!-!—
256,598
The directors at their meeting of Aug. 10, 1943, adopted a resolution
recommending to>: the* stockholders "to re-incorporate the company and
.
International Great Northern
1947
806(196
v
:
..
.
connecting
>
deductions
Earnings ,per
'
30
$1,143,212
J-
of: goods
?
$37,358 *
dividend. requirements—
Balance
—V.
was
!..
income
Preference
■
Cost
oper,
Gross income
Magar
1348
res.
Utility
"
a
Equipment Trust Certificates Authorized—
Net;: sales
revenues
"
Indiana Service Corp.—-Merged-*
(
-
1948—12 Mos.—1947
18.155
sum
a/
7
Subs.)—Earnings—
(&
$2,202,444
1
ar.
of
Ltd.
1948—Month*—1947
85,446
namely,
current
intervention
Service
115,858
Gas
opportunity to pu'-chase these debentures at the same
discount
which might otherwise have to be paid to an underwriter,
the company is
offering the debentures -to the stockholders without
the
K
$169,746
Net
•before,ll:30>.m. (EDT)-on Sept. 14.
:
See American Gas. & Electric Co. &bove.—V, 1681, p. 346.
position of the company,- even after the
acquisition of the Sylclohm plant, is .better than- at any time in the
company's history, the management believes that in these times it is
sound pol'cy. to have a large cash
reserve.
Therefore, in order to
help defray the.cost of the Gyclohm plant ar.d inerca.se the company's
working capital, the board of directors has authorized the sale- of
$150 000 1 0-year f t convertible debentures. In order to give the stock¬
holders
Crosley Wash¬
President,
Jacobs,
$182,125
stock profitable.
Although
C.
>
Period End. May 31—
program
and
See American Gas <fc Electric Co,
$1.51
'
Rex
Maintenance
lines /
feeder
*"
Company is inviting sealed,
inquiries,
major appliances.
Operating
Life
which
pn
'calls for
The
lines
own
—
stock__.
an
program,
next-
stock
negotiations have not been completed, and at such time as they
full announcement will be made, Mr. Jacobs
posals"
;
890,797
Operation
McCail
Meadows,
'•'/
of *1948,
and
year
to
Jamaica Public
pro--
the
of
$1,787,599
1,603.434
$2.20
common
be completed a
said.—V. 168, p. 151.
)
•
service
electric
"
construction
three
this
both
of
may
The agent in the transaction was the
Republic Co.
on
—
stock-
common
Jacobs Co.—May Manufacture
answer
line
to
-
•.
Indiana^ & Michigan Electric Co.—Bids for
it
$2,618,643
925.000
on
Aug. 25, said
that the company is negotiating with the. Crosley Division of Avco
Manufacturing Corp, for the manufacture by Jacobs of an automatic
washing machine to be distributed by Crosley as an addition to, its
'
Division
the
of
due in 1975.
dividend
for
(F. L.)
and ready for t
completed
supplement
also
stock
ing Machine—■
either com-7
River,
155,000
Vf*»
Ore.
extension
comoanfes;—V.?162,"'p, 2148.
option
$1,863,406
!
75,807
.
*
■
to
company's
the
service
exercisable until July 15,
1949, to purchase 464,650 shares, representing approximately 80'Ui of
the out-1 tending stock of Magar Home Products, Inc., at a price of
15 cents per share, or a total cost of $69,697.
Magar Home Products,
Inc., operates- Lcctro-Max Division7 in Geneva, 111., which manufac¬
tures
motors
similar
to
those
manufactured
by the ElectriG Motor
Corp. Division. > Some of the company's personnel has been directed
company
$2,694,450
75,807
taxes
a
additional transmission circuit for. the
$1,500,000
together with approximately '300 motor generators
engines, for a total consideration ofy$150,000.
Since this purchase
warcompleted, aggressive efforts have been in¬
stituted
to procure
business for this division, which is capable of
manufacturing a complete line of motor generators,, as well as a line
of high quality sub-fractional horse-power electric motors.
The new
plant has a piouuction capacity at least equal to that of the Electric
Mbtor Cos p. Division. 1
(
'
City,
:
income
Dividends declared
total outlay of about
Is necessitated by the, ;
expansion of the company's business and by conversion of a con- .siderable number of its
exchanges to dial operation.
*
Incorporated in Illinois, in 1924. the company supplies local service j:
in the
south
central part of the State and furnishes long
distance
Cyclohm Motor. Corp. Division were at a stand-still until early in
May.
At that time the
company
purchased the Cyclohm " building
containing 28.000 square feet, located at 5-17 46th Road, Long Island
558,893
depreciation
Equivalent per share of common
—V. 167, p, 2468,
C.
trans-
51-mile, 69,000-volt transto New Meadows, Idaho, and a 29-mile
Burnt River in eastern Oregon reaching
the
on
be
1949.
Cambridge
extension
Cascade.,
The
efforts
location,
the
394,8*10
598,993
1,325,000
requirements
and
taxes
volts.
much
as
include construction of
Cambridge
Central
sales' and" profit" records during the six months''
298,810
559,143
income
profit
Balance
the company's*
company's
138,000
transmission will
new
latter part
lines
new
line
Industries, i Ind.—S^mi-Annual - Report-^To'M•'
President, states
bonds
1 r
;■
%
'
',
*
Company again broke
period- ended
$4,040,950
—
375,804
expenses
Federal
depletion
will
Insurance
Co. of New York to finance its construction program for
1948.,
The loanuwas in form of 3V4%
first mortgage
"
than
across
that
independent telephone'
operating company serving a population of more than t
200,000* in south central Illinois; it .was announced Aug.1
Sell $150,000 Debentures—Ray T. Haas,
■7
140,371
$5,553,393
general
for
Preferred
line
Idaho,
trunk
31, has borrowed $500,000 from Mutual
in part:"
$3,900,579
92,644
_i—.—i—
Illinois Consolidated Telephone Co.~Borrows $500,000;
hall land
building, this structure will be used as a
1947
12,099,495
$5,204,968
255,780
operations.—
capital assets
Prov.
The
Privately;
1947 and now being used for church
activities.
After completion of
the new
of
'
15,539,814
income...
and
other
v
1948
$20,744,782 $16,000,074
from
Total
Admin,
Taxes,
lines.
Durkee
and
families
load
expected the
viding
incorporated*! in!
the
be>ng
or
The
parish has purchased 11 large lots on which is located the y,
Parish Rectory- one additional^ residence' and' a
temporary church: \::
-
'v iVr"''v:
!
sales
22Q~Mile
on
$537,937
',
(& Subs.)—Earnings—
sales...
Prov.
-Construction Started
years.-'New generating facilities
Other
interest*
600
on
127,980
$496,238
...
Interest, royalties and misc. income
XThe
Howard
451,443
74,5io
& other deducs.
exp.,
Gross profit from sale of
has .possibilities^ ofbecoming one jof the/ largest". ' to new customers,..including', a sawmill at Tamarack, Idaho. Substa-■*,
tions will be built at Tamarack and Evergreen, Idaho.—V. 167, p. 2467.
Catholie congregations in^ the city;
V ;
•
1
*
'/<r
and
474,978
&
168, p. 744.
Income
cents'
share,
carrying 230,000 volts.
estimate
neers
,
than
more
20
company on June. 25 paid a quarterly cash
Prior to the stock distribution, 40 cents
paid on March 18, 1948.—V. 167, p. 1694.
between
now
•transmission
-
of
line is part of the company's $55,000,000 expansion
keep ahead of the increasing demand for electricity in
southern Idaho and eastern
Oregon, which has nearly doubled in the
lust lfour years from a peak load
in July,- 1944, of 84.000 kilowatts
to a peak load in August,
1948, of 162,000 -kilowatts. Company engi- '
101
„
Wis.,
dividend
extra
an
to
company-
and
declared-
£30,000.-volt
miss,ion
'
,
_
has
General
program
at
30
quarterly dividend of 50 cents per
stockholders of record Sept. 10, 1948.
enrolled;; " The parish
and
30,234
$1,117,367
;
disc.
Island Creek Coal Co.
the
was
will be
lines
Offered—{ ^ ft is
Aug. 19 offered' service
:■
Hold ; Name : Parish
services
bonds
on
Cost' of
transmission
new
and
mission
Wl?.—Bonds
Dated
June
1, 1948;. due June 1, 1958.
Principal
payable at First NationaLBank of Minneapolis, trustee*
church
24,919
$1,045,728
—
Six Months Ended June 30—
$3,132,776
regular
held,
Idaho
' Russell,
'••';;
& Clarey, Incv Minneapolis, on
$150,OQO 3Vz% first mortgage rpal estate bonds
erected
$1,087,133
i
income
Net
"This
$1.48_
Keenan
building
516,000
$1,020,808
—-
'-earnings
Gross
to
693,934
528,000
$4,557,159
120,208
Power. Co.-
southern
$1.30\/.
*
profit....—
Parish,
and
income
Net
>
Amortiz.iof debt
Aug.
434,150
4
795,162
retirements
'
pleterl
1946.
54,914
$5,895,443
$4,370,590
20
cash
be capable of
;
.
Sept.
on.
on
the
Construction
11.5 times*
;
'
April,
366,025
for
operating earnings...—
Other
I
*
taxes
,
Line
f;
10.2 times,
•
1: approved a ' proposal changing .the' •
authoriaedv capitalization^\from!500,000-shares ! of common stock, $10-parvvalue,. to 185,000 shares of preferred stock, >$30-; par < value- • andV: >
850,000 shares of common stock, $10 parvajue.—V. 168, p. 847,.
\? The
.
2,135
t'ne distribution
share in
The
Holy
m
$535,078
$512;445$444,825
preferred stock—
...,
to
Sept.
share
Idaho
$2,628,116
■
Holly Sugar Corp.—Increase in Capitalization—
V- The
i
$632,653
1
-V.
and
each,
per
.
ineome- inch
,
..
1,610,389■
3,188,065
taxes
Net
$4,501,412
;-11,265
292,067
Before non^recumng profit
'—7.
a
Including non-recurring- profits!'.!:...!
j
tEarnings per Common Share—r
•
«
Before non-recurring -profit^-..—a_—a.-.—
.
2,022,906
$5,840,529
$5,919,282
3,910,609
-
dividend of 50 cents per share.
*
'
2,641,366
167,216
..i.iL-.--
directors
Following
for
v
-.$2,097,127 -$2,336,049
non-recun-mg
Net
2,400
2,922,724
1267,845
...
bow payable
1,434-,965
-
*.*''■ T'.'-'t "-7
income
Preference
2,400
$532,943
deductions
applic;
share
per
1.346(768
amortization.,^
income
for
*
.
Net
.
-
200
-
$621,388
net.;..
-jV. 167, p. 743..
522,063.?
$5,786,958
real estate and personal property
insurance, interest, etc...!.*
^
taxes, -
Other
15,310,568
$5,549,343
Hotel rentals,
v
Income
1,884,293
1947
$6,620,606
(Harvey) Ilubbell, Inc.—Extra Distribution—
7 Gross '■) operating
4
2,596,883 ' :
2,123,379
171.083
revenue
Net .Income
-
*:
$5,265,632
a!.!.^.
3,252,055
i.
Net
Balance
profit
—'.J.!*.,i
rentals ..!!!_._
House
'
312,908
taxes....!
Gross: income. u-I—
1947
9,261,895 1
Provision
•200
1948
operating revenues...
Operating expenses & maintenance
9,823.538
,
7
Iowa Southern Utilities C<>. of Del.- -Earnings—
12 Months Ended June 30—
Total
,
limited-term
investments.^
other
Total
•
of
Other
$2i:,214,742 $20,859;911
expenses.."—
1247,662
181,839
30
1848-
.
.
—.!*.!..
281,212
*
STATEMENT, SIX MONTHS ENDED JUNE
revenue \l
761,494
electric
convertible preference stock $108,034
Ended June 30—
0 Months
Gross
on
946,946
Amort,
$20,840,576. $20,455,942'
(943)
''
1948—12 Mos.—1947
$2,141,266 $25,987,531 $22,498,638
Ma.ntenance
^
imately 64,000 shares o£ the outstanding 47o
convertible preference
stock at a pr.ce not to exceed $35 a share. A total of 54,017 shares
was acquired at a cost of $1,896,595'.
Effects of. the transaction were to increase capital surplus $810,255
.
$2,518,576
CHRONICLE
Co.—Earnings—
1948—Month—1947
electric
reveneus,.
FINANCIAL
Power
&
Operation
7,005,645'
5,281,873'
2 last corporation offered to purchase from holders approx¬
On June
Lighting
Period End. July 31—
-
&
Depreciation
....
operated. depts._._A—
Total
COMMERCIAL
Houston
*
1948
$8,582,823'
7,084,261
5,173,492
—i—,
Rooms
;..
DEPARTMENTS'
OPERATING
Months Ended June 30—
6
THE
s
2,896,660
1,392,765
642,555
$283,661
.102,901
44,231
•
'•
*
•?.,
2,147,958
869,613
397,554
$434,208
!
f.i.
248,906
103,233
*.'• "
2,731,581
1,472,436
038,985
8
purchased the Burson Knitting Co., Rockford,
B1
large manufacturers of elastic stockings, for operation by Ken¬
dall's Bauer & Black division, Chicago, 111.
Its plant occupies two
company«has
will
Ralph S. Williams
167, p. 1810.
blocks.
Knitting Co.—V.
full'city
remain
of
President
..i..
V,
Prov.
:
SIX
FOR
EARNINGS
MONTHS
ENDED
JUNE
Jfet profit for period of six months ended June 30,
Balance
Jan.
at
1948
1,
over
stock
shares
of
Dividends
share
the
of
stock)—
new
paid——
stock
old
—
.'V
',
,
Net
60,000
charges,
Net
36
cents
on
(he
record
of
ers
shares
S-l
cents on
Aug.
31,
cents
60
the B-*
semi-annual
regular
The
Mar,
snares
and
15,
shares
B-4
last.
$110
Kimberly-Clark Corn.
Period End. June 30—
Coat? of
ry.
—V.
on
in
Total
cents
33
Fed.
Wis.
and
Canadian
sales.
♦After
Net
309,675
110,050
$6,147,214
491,864
$2,971,993
1,100,268
$2,271,193
3,141
inc.
Provi
for
divsi.
before
divs.—_
pfd.
Net
ry.
—V.
Nfct prof,
$3,717,462
,*«
FOR' 12'
'•
•
MONTHS
ENDED
ry.
$
Net
from
Net
ry.
Cost) of
102,574,149
Profit
Other
from
income
Tptal
3,940,490
340,904
4,587,631
; 3,811,522
;
t883,074
Net
Nft)
divs.-i
7,512,079
pfd. dividends
for
of
Rrafit
common
Dr35,435
tIncludes
of'Bederal
2,681,077
North
Star
Timber
Co.—V.
168,
346.
p.
:
Cost? of sales and
/FtF>F/HFFF
_/
...
oper.
charges..;—
Pension plan.
charges,*..../s./F/FFiFs^lF;-F/
Miscellaneous
Net
credits
profit..;/.
(net)—__
——
Depreciation and
amortization.
Fvwt for
income
-Net?
Federal
income—.......
-
JUNE
-1948
„
less
Merchandise
Prepaid
reserve..^.^——
—
expenses...,
232,267
damages
$465,731
216 644
;
——
57,959
3,162.077
1,205,940
961,319
MtMM^ers' security deposits and employees'U. S.
savings bonds payments (contra)
579,235
472,779
\1948
stock
309 948
279,361
1947
:
v
1946
Pi
1,139,61'J
683,086
26,302
580,055
37,244,636
6,105,563
48,446,402
Gas
8,282.013
7,330,371
2,936,364
4,005,017
75%
contingent
bonds
upon
being
are
reorganization
V.
;
.
Accrued
and
miscellaneous
$762,340
liabilities.—_...
Series
A notes (current)
Prov* for Federal taxes on income
'
v-
3
maturing serially to 1953
maturing serially to I960.———
Managers'
security
deposits
and
employees'
notes
S.
savings bonds payments
Reserve
for
Common
(contra)
(no
86,000
374,000
462,000
828,000
828,000
1,367,000
par)—
3,113,950
stock^....^—
202,739
Surplus
2,399,997
—....
168, p. 547.
to
make
other
any
"more
plan
was
32,341
1,017,000
3,179,950
202,739
1,894,552
$10,698,045 $10,004,053
Lake Placid Co., Essex County, N. Y.- -Partial
Redemp:
The company has called for
redemption on Nov. 1, next, through
of the sinking fund, $16,000 of second
mortgage 3% bonds
due. May l, 1972, at 100 and
interest.
Payment will be made at the
Lincoln National Bank & Trust
Co., South Salina
operation
p.
32CC.
;
St., Syracuse,
:
•
.
the
Co.
of
to
through
the
'
'
the
Queens
purchase
'
,,
follows:
as
the
exercise
Borough
of
its
&
Gas
Electric
stock
common
of
complete
the
Co.
Nassau
Co.
/
result
a
of
has
Co.
securities
this
been
sold
dominated
forced
by
it
to
to
•
purchase
out
pay
for
pay
in
Queens
Borough
interest
these
and
stocks
Gas
dividends
net
a
sum
of
the
the
take
to
the
over
stocks
of
Nassau
&
Suffolk
the
and
pay back to Queens Borough Gas & Electric
of the stocks purchased
plus the loss in income suffered,
Borough, a total sum of $8,084,325.
The Long Island Lighting Co. caused Queens
Borough Gas &
full
cost
Queens
.
(3)
to
assume
and
certain
pay
indebtedness
Suffolk Lighting
Co. and the Long
Beach Gas
Phillips & Co. and the Long Island Lighting Co.
that
this
action
sideration
of
the
sacri¬
by
directed
Electric
forced
was
being
board
The
paid
of
to
Queens
directors
petition
to
Queens
on
and
done
was
of
Queens
Borough
claims
that
the
Co.
owed
Long
.
made
were
Island
for
Lighting
petition total close
-
the
benefit
Co.
to
The
of
E.
without
Gas
con¬
the
approval"
Electric Co.
which
&
Phillips
involved
sums
$2,000,000.
L.
E.
any
indebtednesses
these
L.
to
without
Borough was forced unlawfully
to
assume
and
Improper under the Public Service Law. of the State of
and
&
Nassau
The petition alleges
Borough
Court
the
of
Queens
?l'Vy
approved
be
by
the
'■/' '
:
suing stockholders ask the Court that the Long Island Lighting
Long Beach Gas Co. and
security holder.?
...'■M-.-'/.y
because
the
petitioners
previous
fixed
a
plan's
valuation
aL general
of
of
decline
provision
for
the
$112.50 per share,
the
in
market
pre¬
would
for
ciated
pre¬
/
after
shares
par
would
the
on
for
be
basis of
each
distributed
this
in
4
1
pay
were
New
Co.
&
York
portion
v"
"
the
the
and
of
'
•
''i
'
one-tenth
a
sales
v
v
'
1
1948
~
zations
rests
to
;;
...
Prov. for Federal & Canadian
taxes
on
544,582
income
$4,988,912
—
Total
surplus
Common
___________
dividend
$3,341,954
17,112,528
1,416,035
N.
Committee
Statement—
Issues
A.
Island
2,000
stockholders
voting common stock of
the
committee
amended
the
very
plan
the
PSC
meanwhile
and
The
of
Y.
10
Federal
net
N.
result
that
recent
very
on
simple
a
divided
1,009,912
:
Long
Court.
this
of
the
to
common
'
$26,828,619 $20,454,483
—
Lynne
now
pending before the SEC, 7 hearings were
beginning March 5, 1948 and closing April 30,
hearings were held before the SEC from April
7, 1948 and the 11th hearing is set before that body for Sept, 28,'1948.
In addition to this,
there have been numerous court actions in the
2,200,000
21,839,707
^
the
over
the
before
"State
Net
Earned surplus Jan. 1
and
the
1948;
489,898
3,310,000
from
of
the
held
$52,530,908 $41,906,059
43,687,414
35,874,206
inc
Stockhloders
Aron
for
upon
end
On
....
G.
.
customers, less discts. & allow
$52,514,296 $41,891,417 '
income, less sundry income deductions..
16,612
14,642
incl. selling & admin, exp. etc...
Prov. for depreciation of
prop.,.plant & equip.
Co. and its asso¬
Borough Gas &
owning approximately 735,000
Long Island Lighting Co., there
definite duty of finding a way
maze of litigation and
proceedings which have been going
on
since 1944, which are
obviously a jockeying of position between
State and Federal regulatory bodies to
keep the present management
in power,
v';./;./ ■, o,." \/.■///•:/
From
Nov. 23, 1945 to Feb.
10, 1947, 30 separate hearings were
held on the original
plan, 10 before the PSC, 20 before the SEC.
shares
to
Cost of sales,
Queens
v.
1947
•
Lighting
the
Warren, of Warren and McGroddy,
Lighting Co. Common Stockholders
Committee, issued today the following statement:
In view of the fact that the committee now holds written authori¬
?
Subs.)—Earnings—
to
''
Common
co-counsel
'
(&
Island
sums
,
.-y'
6 Months Ended June 30—
Net
Long
The
:
by National
of
•
Harold
the
of
the
these
repay
Co.
Queens Borough Gas
& Electric
Co.
preferred stockholders'
committee consists of Dr. John M. Chapman
(Chairman), Dr. Ivan
Wright and William A.
Cluff
(Secretary)
of
111
Broadway, New
York; N» Y., with Boehra & Fiscbman, 60 Broad
Streetr New York,
N. Y., as counsel.1
*
/
common.
to Its common stock¬
share of Transit's new common
that
request
interests
Electric
.
also
date
has
been
stockholders
are
opinion
an
entitled
by
stock
common
between
the
present
the ;P6C'
nothing
to
opinion of the SEC ordering the company to
ana
recapitalize
the new common to be equitably
preferred and common stockholders. Tbe
basis,
effects
Earned
No.
surplus
shares of
of
per
June
com.
share of
30..
stock
common
.comparative
—
_______
outstanding..
_>
....
receivable trade
Inventories
...
Other
current
to
assets
Total
property, plant and equipment
Prepaid insurance, taxes and miscellaneous
Y.
1948
$12,709,592
;;
(net)
$4.14
SHEET, JUNE
"
Accounts
807,930
$6.16
consolidated balance
Marketable securities
810,088
'
stock
on
the company and its stockholders' of such prolonged and
proceedings and litigations is obvious, and in the hope ol
bringing the affair to a constructive close without further unnecessary
delay and expense, the committee under date of Aug. 23. 1948 proposed
varied
$25,412,584 $19, 444,570
•
assets—
—Vv 149,
control
Co.
companies claiming
Borough Gas & Electric
and control of this company
\
listed
were
Lighting
company
Electric
As
The
.■;
upon
Cash
tlOTP—
action
these
of
Queens
exceed
&
on
earnings.
>.
recapitalization
r,
decided
plan
Earns,
Total
-V/
and
Electric
a
30,744
by
■$4,io9,ooo.
556,406
;
contingencies..^...^.^......
$5 prior pfd. stock
767,981
88,000
787.959
Series A notes
U.
$977,084
'
743,316
incurred
$18,000 and the stock of Long Beach Gas was worth¬
petition alleges that the purchase of these stocks should
made by Long
Island Lighting for its own account and
their acquisition
was
unjustifiably foisted on Queens Borough
(2)
&
10,238,557
> 2,910,571
1,988,479
asked
than
•
this
Island
:
Total
(trade)
stock-
been
that
986,459
41,599,901
848.-^''-.i;-!i.-;i"• v■-;%s■
$10,698,045 $10,004,053
payable
preferred
The
have
;
?
past and present officials
$11,249,853
this
not
less.
$6,508,850
1,528,240
45,525,865
Link-Belt Co.
32,341
1 872 984
LIABILITIES—Vyv^y'V'''
Accounts
Electric
&
Suffolk
did
(
1945
vy(
$5,854,899
fa77,626
vY>yi"-/
30,744
2,315,872
j y 3
v'
of
Long
caused
5,456,100 shares of outstanding National Power
:■
'"■?
The Commission has
applied to the U. S. District Court In Phila- i
delphia for approval and enforcement of this amended plan.—V.
168,
Other
Total
Gas
Lighting Co. and the Long Beach Gas Co. at a cost of
$3,975,325.
Subsequently the New York State Public Service Com¬
mission determined that the book value of the
Nassau & Suffolk stock
$5,458,260
1,232,664
amended
had
common.
6,412^865
■
Borough
result of the complete domination
a
domination
•
Fixed, assets, less depreciation and amort
Ernsts, patterns, dies, trademarks and
goodwill.?;
as
(1)
637,385
700,498
1,004,299
'
744.
p..
stock
These
1947
207,301
■
Queens
on
by the Long Isl.and Lighting Co*
133,503
3,637,464
National Power & Light
Co., the company's parent, would retire
its
holdings of 98,350 shares of Lehigh Valley Transit's
preferred
through an exchange of 545,610 shares of new Transit $2
$1,096,551
6,793,'l07
y
the
Co.
105,469
$6,521,306
proposed
"unfair"
holders
"
amortization
# "
91,656
;
.
such valuation was fixed.
provides for retirement of the 141 shares of the
company's 5% preferred stock ($50 par), by cash payments of $90
per '
share for all shares held
by the public.
;;
"
.
■
$1,134,374
receivable,
$628,901
190,703
1,124,427 /
consolidated
the
SEC
The
$529,521
30
for
committee
and various
and
other
stock, based
ferred
156,745
347,000
-
' / $578,111
Oa«h,
Accounts
the
company's
Aug. 25...
The
be
$1,033,266
360,000
.
SHEET,
ASSETS—
Co.
3,861,359
y
~
...
:
-
—
158,404
*
BALANCE
$579,026
.
(
their
of
ferred
Cr7,791
$1,096,515
.....
—
.......——
CONSOLIDATED
♦
—
f
tax
and
•
.
28,896
54,162
Cr4,455
I
depletion
■; •
(4) The petition alleges that the Long Island
Lighting Co. caused
The -plan
calls for the retirement of the company's
outstanding ; ./the Queens Borough Gas & Electric' Co. to
pay
out dividends to
$4,915,000 of refunding and improvement mortgage 5%
bonds due
Long Island of at least $458,594 out of capital and not out of surplus.
11, 1960, in a principal amount and accrued interest.
\
.The petition claims these dividends were paid out
illegally and should
Bondholders would have
the option of receiving cash or
be returned by
part of
Long Island to the Queens Borough Co.
their claim in shares of
/ '
Pennsylvania Water & Light Co. preferred. ;
r.:/ Several other additional causes for action are given in the petition
The
price would be determined by the New York Curb
Exchange
covering various intercompany activities which resulted in losses to
market prices
on
this issue before the optional exchange offer is •;
•the
Queens
Borough Gas & Electric Co. of over $600,000. / The
made.
v.'"'
1947
33,812
depreciation,
June
$16,022,824 $15,452,228
14,842,790
14,397,857
exps.—
•Interest'
:
;
,
\
The
,,
1948
$716,723;
behalf
of
a
group. of
preferredsharehoders
2,500 shares of stock Sept.
1 instituted a suit against the
Long Island Lighting Co., E. L. Phillips & Co., Nassau &' Suffolk
Lighting Co., Long Beach Gas Co,, Queens
Borough Gas & Electric
1945
of
168,
SEC
$1.64
OR. R.) Kinney Co., Inc. (& Subs.)-~
•Earnings—^
SbuMonths Ended June 30^Nsales
Attorneys
hoders
;
1946
-
Lehigh Valley Transit Co.-^Plan Approved by SEC—
$752,500 adjustment in December, 1945, for excess accrual
taxes for 1945.
JNet profit or loss of Wm. Bonifas
and
1947
,
232,862
__
railway
and
in
—V.
income
Co.
1j48
changing
holders
$2,220,169 > $1,974,735
1,199,520
1,199,520
$1.85
etc.,
v,;
protective committees representing the holders of $2,600,000 of
consolidated
bonds, presented witnesses who testified that the
the
499,975
$4.84
'/
'X
Long Island Lighting Co,—Suit Filed—
;
Holders Object to Plan of Reorganization—
interest
2,474,710
460,908
$4.52
;
99,548
152,692
railway
ry. oper. income
fices"
628,130
1,499,520
shares.
362,102
155,501
22,130
1,940,187
680,855
172,415
payments on $71,000,000 of the general consolidated mortgage
gold bonds.
The latter now have interest rates
ranging from 4% to
5 Vo.
The reorganization
plan would make 25%
of
this rate fixed
2,650,551
Drl75,841
6,430,691
$5,802,561
1,199,520
share..—.
per
lAJcaber
2,716,512
149,059
profit.-i..^^.—_$6,771,171
529,477
interest
347,500
3,272,100
-
"
1,487,064
Two
6,281,633
740,908
2,502
1,795,351
-
6,270,151
y
$9,243,933
SHEET, JUNE 30,,1948
reserves,
$50,681,525; reservle for accident
and
surplus, $2,047,182;
contributions in
aid of
construction, $506,839; total, $160,103,115.—
v.. 167, P.. 2688. \
company's general consolidated mortgage gold
bonds
objections to the road's plan for reorganizing out¬
standing securities.
The plan is before the ICC for action.
The plan provides,
among other things, for extending the matur¬
ity dates on $45,000,000 of outstanding bonds and
and
7,239,079
273,000
81,854
; 5,033,545
from
presented
930,820
338,509
$7,430,812 $11,690,364
$8,820,609
—
$71,132),
construction,
$261,572
53,467
15,432
income...
oper.
from
Holders
5,339,331
1,254,350
10,431,664
tNdtJ income of subs.—
Ertm
V
4,998,031
2.686,139
12,194,689
income
Net inc. before
48,457,101
927,630
F 367,978
;
Can.
taxes.....
ry.
Net
58,794,464
;
—
stock ($10 par), $54,990,000: earned
surplus
payable to banks
($1,500,000 matures within one
$25,000,000; accounts payable, $2,232,501; customers'
deposits,
$1,501,028; accrued Federal taxes on income, $6,378,580; other
taxes
accrued, $920,447; interest accrued, $289,310; customers' advances for
n
$223,147
.
..
:■
vt
railway
railway
From Jan. 1—
Gross
9.504,034
496,210
__
Federal,
Net
6,366,058
(net)—.-
income
Wis.
7,346,661
11,698 479.
oper...^
Bond, etc., interests
Est.
7,287,131
exps...
1945
■V 1946
39,278
$674,185
..
from
Net
FF
83,588,538
sales
Gen. and selling
income
Causes for
income..
848. !
p.
from
1945
58,507,688
49,455,490
325)591
144)(M)Q
5,015,392
LIABILITIES—Capital
Lehigh Valley RR.—Earnings—
30
79,666,606
62,815,911
144,000
5,832,499
year),
:
•
railway-
foper.
168,
Net
sales)
72,000
3,044,280
owning
railway-
July—
•r;
shares
Net'sales (excl. of lnter-
plant
72,000
3,856,160
__
income
on
$14,838,980;'notes
■
.
railway-
from
Gross
1946/F'
•
$2.47
'
$212,819
y
From Jan. 1—
-
,
JUNE
1947
income..
railway
oper. income..
Net
1948
•/<,$
,
"
_
abandonments
materials and supplies, appliances,' etc.
(generally at cost
less),
$4,735,986;
prepayments,
$252,879;
other
current
assets,
$53,221; deferred debit items, $300,606; total, $160,103,115.
F;FF ? V t
1,981,075
592,595
191,222
railway..—
from
Net
$2.81
1,199,520
304|99i
3,017 567
526.676
or
$3,374,512
$2.48
1948,
1947
497,479
3,467,355
175,000
;
from
160,000
,370,454
and
1948
176,513
1,613,970
240,000
$3,842,838;
allowance for esti¬
$262,594
77,190
32,474
July—:■
Gross
$3,584,966
370,454
$See footnote below.
,
EARNINGS
:r
30,
1—
oper.
275,772
1,825,783
l—
.
$3,744,966
$1.33
June
$2.76
.....
taxes.—V. 168 p. - 347. /" /.
Lehigh & New England RR.—Earnings—
2,225,107
$4,087,916
$1,601,912
$1.39
shares
1,499,520
1947.
..
$2,080,236
share...
,-on
Jtm& 30,
stk.
on com.
per
♦Based
income
railway—
168, p. 547. ;
—V.
"•Profit
1,540,704
2,311,056
stock
common
,
from
167,614
206,490
$3,886,862
201,054
$2,265,463
$1,787,139
185,227 V
185,227
3,851,760
...
preferred dividends paid and
railway—
railway..—
oper. income..
from
Gross
Net
$25,717,417
taxes....
430^293
ASSETS—Property, plant, and equipment, $141,990,090; miscellaneous
securities, $54,220; cash, $8,848,275; U. S. Treasury tax notes, series
C, $25,000; accounts and notes receivable
(less reserve of
'
$5,977,687
/ 2,545,726
$1,783,998
Dr5,731
,
taxes
from
Net
y
1,484,252
of
and Federal
From Jan.
$5,458,967
518,720
'
$6,639,078
V-fc'-y 87,727;, /,
estimated
1947.
$19,161,405
3,466,738
1,386,695
/ 2,080,043
1948
—__
income
$14,589,527 $12,280,535 $21,251,754 $17,62118e
500,797
232,040
906.619
...
CONSOLIDATED BALANCE
tF'F'''
**
,
—
Federal
from
Net ry.
3,794,335
$2,662,318
'•
^
•
—$15,090,324 $12,512,575 $22,158,373
$18,051,473
charges
Federal taxes
Net
estimated taxes....
and
July
Gross
and
income...——
Lease
.
...
deduction
Net
Net
122,008
4
♦Earnings per share of
34,427,590
3,887,398
$3,865,495'
$Ne& income of *subs.___ J
402,517
mated State
/;
45,210,596
income
Income
Lehigh & Hudson River Ry.—Earnings—
1948—6 Mos.—1947
2,087,903
taxes—.
444,316
547.
after
and
17.808,095
interest.—
etc.,
Bond,
Est.
income.
oper.
State
(& Subs.)—Earnings—
352,922
income——
3,378
(& Sub.)—Earnings—
Depreciat.on
1,574,466
687,229
346,329
942,511
803,209
Net profit
1947
1,971,437
(net)—
1,872,160
845,778
Estimated
totaled 61
the o-l shares.-—V. 168, p. 547.
$3,512,573
income
134,868
2,113,387
Net profit before
of
Gross
Other
177,357
railway..
168, p.
Net
;;
distributions
23,561,075
selling exp3.
.
Gross
$46,486,451
814, 044 shares
1948—6 Mos.—1947
credits—
income
(James) Lees & Sons Co.—Earnings—
$29,045,085 $22,558,316 $55,245,209 $43,680,892
sales_.-_i..___-
Genaral &
$382,601
239,733
and
....
Depletion
Six Months Ended June 30—
received
Payments
1948—3 Mos.~1947
sales)..—
198,569
$361,355
V 196,109
$534,433
railway—;
from
Net
Net-sales (excl. of inter-
plant
336,453
income.
oper.
Net
■?,/
1948.
on
railway^"
339,343
$547,867
rev.
Other
1945
195,557
railway..
revenues
Operating income
1946
1947
1948
1948—12 Mos.—1947
$28,207,294 $22,519,620 $46,337,224 $35,821 433
deductions..
13,617,767
10,239,085
25,085,470
18,200,247
Operating
Ishpeming RR.—Earnings—
Dr95,713
$56,262,103
—
in
15,399,543
19,444,570
<Dr95,713
25,412,584
treas. stock..
as
871,927
15,544,767
——
Star Gas Co.
Lone
Oper.
1948
from
Gross
Rue tievsto c Bond Fund B-4 pnd of 56 cents
Fund S-l, both payable Sept. 15 to sharehold¬
share on
Common Stcck
per
$0.90
.
held
—
Period End. June 30—
$0.54
"
announces
stock reacquired &
605,947
572,577
3,523,879
5,528,617
•
—-—•——
♦Represented by 816,202 no par shares
1947.—V. 167, p. 2790.
in
574,916
2580.
p.
from
ry.
long-term
debt,
$30,000;
capital stock
surplus, $1,099,115; total, $2,239,274.—
Keystone Custodian Funds, Inc.—Distributions—
corporation
$1,306,803
2,433,620
2,433,636
;
Total
1,392,448
699,637
—
surplus
Earned
$4,771,268
810.088
& other conting. '
price declines
(♦Capital stock
From Jan. 1—
payable, $93,870; customers' deposits,
$L8fi,364; pay rolls and pay roll taxes, $40,469; property taxes and
other accrued
expenses,
$45,816; payment due within one year on
lwoft-term debt,
$10,000; Federal taxes on income (est.), $364,374;
The
167,
Net
$14,664;
accounts
operating reserve, $50,266;
((par $1), $320,000; earned
k' 168, p. 449.
-v".
$1,482,694
2,433,636
$0.61
$2,191,784
share
per
.July—
Gross from
.
LIABILITIES—Trade
$1,881,719
—
Lake Superior &
ASSETS—Cash, $428,515; U. S. Govt, securities plus interest, $386,961; trade accounts receivable (net), $74,430; inventories, $881,176;
deferred
$2,190,788
708,094
1,371,534
....
outstanding
income
—V.
BALANCE, JUNE 30, 1948
$453,529;
17,746
inven.
for
$1,863,973
22,243
__
income
Net
$1,099,115
equipment,
810,462
$2,168,545
Prov.
Res.
638,600
$3,533,837
29,481
income..———
deductions—
Shares
162'52°
--
—
property, plant and
tptal, $2,239,274.
825,500
905,595
income
Income
exchanged for
Surplus, June 30, 1948
,
1,282,900
income—
r;
the
(each
456,939
1,689,100
taxes
Federal
revenues
oper.
Total,-other
$1,319,115
,
value of 320,000 shares of new $1 par value
par value of 80,000 shares of old $2 par
par
stock
value
902,249
314,073
387,470
Prov.
Com.
Net
$326,400
992,715
surplus
of
467,406
stock
Common
1948
30,
1948---
Gross
Total
Excess
income
than
other
Taxes
:—
_—
874,902
$3,563,318
Prov. for Federal
Organization, Inc.—Earnings—
Kent-Moore
7,652,916
$7,456,594
3,442,016
"
$6,421,018
1,941,102
Advance billings
$9,033,759
4,209,774
retirements—_.
for
payable and accrued liabilities
and collections on sales cont..
dividend payable Sept. 1——
for taxes other than Fed. taxes on inc—
for Fed. & Canadian taxes on inc
Accounts
1948—6 Mos.—1947
'48
$15,935,904
12 MOS.,
Operating revenues
Operating expenses..
Maintenance.
Burson
LIABILITIES—
Earnings—
Period Ended June 30
Monday, September 6, 1948
CHRONICLE
FINANCIAL
&
Laclede Gas Light Co.
Co.—Acquisition—
Kendall
This
>•
COMMERCIAL
THE
(944)
"
30
1947
$7 612,265
3,261,615
„
365,000
9,850,893
8 081,922
15,057,503
51,145.
16 633,812
,
the
present officers and directors that the board of 7 be enlarged
to 9 immediatly, and 5
places thereon be opened to persons designated
by and representing the Preferred as well as the Common Stockholders
,
Committees.
such
13 156,509
613,122
607,029
At
on
—.....
$56,262,103 $46,486,451
a
In
the
would
written
"be
questions
free
request for this
to
relating
reach
to
novo
action
it was
decisions on
recapitalization
stated that
their merits,
and manage¬
r
meeting of the board of
Aug.
is
de
merger,
27,
1948
the
board
directors of
declined
committee.
It
Total
all
ment."
29,910
14,718,230
board
to
as
clear
deliberately
to
Long Island Lighting
accept
the
Co¬
suggestion of to®
•
to
the
seeking
committee
to
revoke
the
its
management
exemption
of this company
the application
from
nj
0*
Number 4731
168
Volume
THE
Public Utility Holding Company Act has sought to avail of the
of the SEC to effect a reorganization as to which the stockwere not consulted at the time of the filing. The first actual
notice Which the common'stockholders of this company had on any
of these proceedings was a printed notice sent out early this year
on which' we had insisted.
' ; V" '
1•"
'■
the
remains
it
as
has
been
from
of
any
Net
contending
been
have
■we
the
of
value
present
' i:V:;
\
of
the
<j'(-
'•
' ■+
1943-
:
July—
6MOS.—1947
Gross
$8,519,301
7,882.344
7,597,154
17,269,2)4
15,522,45*4
$636,357
170,460
$585,034
$1,891,502
224,043
$1,770,008 *
138,649
% Operating
Profit
(net)....
before
taxes
income...
$347,980
16,844
$807,417
16,093
V
._
324,009
$2,115,545
32,312
$1,908,657
33,813
854,000
$467,324
$1,229,233
%///'• $2.12
$372,135
$0.80
$0.63
$1,105,844
:
Uet ry.
From Jan.
from
Gross
Net
income—
oper.
net ry.
1—
railway™"
income—
oper.
•Deficit.—V.
168,
1946
1945
$4,904,410
$4,996,429
1,619,787
875,067
1,108,897
Net
$4,775,479
1,915,179
1,235,567
1,854,198
Operating
2,305,648
26,595,436
3,886,403
'*3,082,272
.
♦ 1,520,024
,V(''* "
547.
p.
*
26,070,399
5,321,362
26,388,636
Deprec.
298,586
2,003,680
■
>
©f
the
sinking
Trust
166, p. 951,
—V.
;;
f,
York,
New
of
Co.
trustee,
Broadway,
140
V-'. ;.s-*•''
York,
New
'..V
•
Operating
Operating
income
—
expense
——
—
—
last
'
-
Y.
N.
income
Other
38,005
23,676
$1,024,003
$1,136,628
505,892
611,001
*
.
deductions
Other
income
(incl.
tax)
______
Earnings
share
per
stock
common
—V.
$518,110
income
167,
p.
of %;%/■•/•
shares
1,095,440
on
i
interstate
extending
railroad
of
Colorado
from
miles,
55.90
/
414,443
494,065
$3,867,688
538,717
1,188,126
1,208,102
$1,440,675
$1,407,424
$2,697,008
$2,659,586
294,000
198,000
544,267
396,000
$1,146,675
$1,209,424
$2,152,741
$2,263,586
47.
Net
—V.
Gas & Electric Co.
Louisville
Electric
totaled
Income—
From Jan. i—
(Ky.)—Weekly Output
this company for the week ended Aug. 28, 1948,
kwh., as compared with 34,738,000 kwh. for the
45,925,000
corresponding week last year,
railway.™
1,199,026
Net
ry
Louisville & Nashville RR.—Earnings—
Gross
1948
1947 •> 'f. 1946 1945
Cross
from
railway— $17,054,625 $13,987,989 $15,217,561 $17,269,205
Iget from railway—
2,876,094
.5,655,824
2,900,958
1,518,415
Uet ry. oper. income
1,698,584
2,351,936
1,884,815
593,510
61,19%
122
40,552
From Jan. 1— ^
railway.™ 119,497,523 107,817,094
Net from raiiway.
19,937,909
20,383,831
Net rv, oper. income..10,560,501
9,670,138
—V. 168, p. 547.
95,275,881 124,182,214
14,463,820
45,111,733
from
Madison (Wis.)
7,454,408
,
to
Cripple
Montour
Gas & Electric Co.—Credit Agreement
asked
has
comoanv
the
■*■
Maine Public
'* *"■
;
SEC
to
permit
'
.
its
V'-■'AJ-.V
"
i
."'.'.r;-;
.
'
-
■'•■j'J
Service Co.—Partial Redemption—
The .company has called
and interest.
$30,000 of
l, next, at
101.45%
first mortgage and collateral trust 2%%
bonds, due Oct. l, 1915. Payment will be made at The Chase National
Bank of the City of New York, 11 Broad Street, New York, N. Y.,
or
at
the Continental Illinois National Bank & Trust Co., trustee,
231 So. LaSalle Street, Chicago, 111.—V. 168, p. 848.
for redemption on Oct.
Net
offer
sexlended
The
to
Eastern Time, on Sept, 30,
p.m.,
directors
announced
the
that
1948.
913,771
193,286
1,030,279
358,414
57,191
Net
Mountain
Operating
Operation
Files With
'
income.—
Power
35,421
/
income.—
1,285,207
434,256
175,037
•
$9,173,273
2,171,602
250,304
325,447
4,795,291
372,302
297,743
•
: 364,251
—™_.—
408,828
■
393,050
$7,841,904
4,165,367
565.993
505,807
685.994
638,566
773,346
734,902
570.415
294,700
752,800
$636,734
$1,599,846
$1,226,845
49,038
100,445
108,281
4,004
16.094
9,593
$874,119
164,897
$699,778
147,386
$1,716,386
321,013
$1,344,720
337,426
$709,222
$542,191
$1,395,373
$1,007,293
$817,351
!
*
-
%
50,327
'
*
6,440
.™—
Total income deductions
income
cumul.
pfd.
stock
66,250
144,999
311,538
623,086
,
dividends
p.
168,
73.740
!: 311*543
....
Common
—V.
169,127
O»
44,512
40.918
Mullins Manufacturing Corp.—To
The
on Oct.
13 will consider increasing the authorized
stock, so as to effect a two-for-one split-up.
At the same
time they will vote on a plan to retire
28,775 shares of the company's
$7 (preferred
stock on or about Oct.
11
at
$105
per
share, plus
dividends
1945
1946
11,028
2,582
The
$155,032
47,789
of
855,088
last
per
will
accrued
out
year
directors
share.
be
stock
mon
on
dividends
their
Months
proposals are approved,
exchange for each share
is
made
the
up
year
from Jan.
year
of
cash.
Ended June 30—
INCOME
to
1
placing
Oct.
the
l';:1948
Six Months Ended June 30—
1947
%
$8,383,920
7,163,848
Sales—less returns, discounts and allowances— $14,635,386
Cost
of
sa'.os
12,655,155
....
Selling, admim and general expenses
—;■
803.847
455,752
operations.——
$1,176,383
$764,320
87,790
67,982
revenue
Operating
from
income..;
——______
income™™-!™-—™—™—---
Interest, corporate
Federal
taxes
expenses,
$1,264,173
•
income™—..,
Earned
per common
share———
—V, 168, p. 47.
275,865
•
V
,
i
the
announces
ment,
radar
and
Electronics.
Mr.
the
■
expansion
high
associated
and
appointment
of
of
its
engineering
frequency research
••
Charles
Nuebling
A.
activities
and
as
ACCOUNT
:
/
—V.
to
Director
$1,606,706
$1,^377,950
348,045
270,944
pfd.
on
22,470
261
-
:
Cr3,006
;;
;
sales..™
dividends
inconie
from
ry.
!;
$35,587,477 $25,105,470
-
Cost of products
sold, sailing and admin, exps..
28,695,407
121,068
Prov.' for depreciation
.deductions...^..
Prov. for Federal. and State taxes
40,321
2,731,220
—
on
income—
from
Net
ry.
—V.
!».
$110,261
$1,217,778
$1,312,823
20,136,487
93,631
251
2,015,0OJ
1,617,921 common shares—:
168, p. 548. ■
:■
'
•
1
•,
;
$3;9S9,661
$2,860,107
$2.17 .,* $1.46>1
'
k 1,192,120
1946
Total
$299,183
$4.07
128,116
2,270,885
^
974,243
1,883,290
686,723
2,037,983
895,206
464,933
322,568
259,256
*
1948
1947
earnings...——.—
...
$11,672,119
costs ....
...——.——
6,308,601
847,513
$9,469,611
4,670,315
887,897
950,047
679,563
914,772
480,382
448,682
before capital charges—$2,197,677
$2,034,348
874,370
$1,159,977
Maintenance
$326,412
111,286
50,275
$314,134
108.482
/
615,530
•:
41,774
,
$7,605,596
2,401,482
Income—
1,028,589
from
Npt ry.
1947
1948
railway.--.
Net from railway^
Gross
oper.
From Jan. 1—
i
$2,324,581
gross
Operating
Balance
721,928
-————...—_
Balance
,
before
declared on cumul. pfd. stock—„_
for
Balance
—V.
etc. charges..——-..--™:—
dividends.—-——--—.—
interest
Total
37,512
Missouri-Kansas-Texas RR.—Earnings—
Net
77,518
1,417,000
919,497
$1,278,180
167, p. 2470.
*
%.%://'//';.//! !
202,506
202,506
$1,075,674
common—
$957,471
^:
/ *
/
168, P. 548.
July—
—V.
$3,819,099
; :
$3,113,125
Nashville Chattanooga & St.
-Net
85,664
1945
1947
-
>
1,915,200
—$5.52
Depreciation
—-——-——
Taxes, other than Federal income..—™.—Provision for Federal Income tax—.....
*
income—
$5,113,989
End. June 30—
6 Mos.
120,594
Dlvids.
railway—;
oper.
""
Narragansett Electric Co.—Earnings—
$1,433,417
2,702,26o
$3,751,741
67,358
*
.
.......
share
2259.
p.
4,236
%
■.•ailway_^__
■'
income
per
-
Cr22,175
$1,309,247
91,468
80,025
from
,
$6,424,730
1,645,379
.
1946
from
*
662,976
1,246,594
507,669
2,329,513
'/ailwayi
.
35,502,030
v 7,331,070
2,758,931
r
' ♦'..-
'
" '"/'
•
'//• :'
from railway:-railway.-™-
Net
from
Net
ry.
511,548
oper.
52,781,322
17,442,352
4,263,743
Gross
.
irom
Net
from
Net
ry.
;
income—- -
From Jan. 1—-
•
168, p. 548.
'•. >
Gross
$7,582,494
..
*
oper.
/'
448,770
1945
$3,294^84
681,434
168^217
:
■*'
'
20,610,272 17^)51,911 -17,002,779 23,917,6551
3.785.021 *
3,075,192 - ' 905,577.
6.66L207
•
railway—
railway—™
Louis Ry.—Earnings—
1947
1946
$2,596,473' $2,611,483
434,724
351,536
185,362 *
143,942 145,022
1948
$2,804,309
July—
1945
$5,603,464
-
45,171,840 38,398,651
from railway^—: 11,286,201 / 8.334,959,
ry. oper.
income—
4,621,332
3,015,668
Gross
Net- profit_L^.™_™_L_.^™ —
Per share on
3,509
Cr47,076
10,049
157,095
income—
From Jan. 1—
—
-
railway——
oper.
Net
1948
—
/;
-
j 1948
$374,462
from
Gross
Net
1947
$35,293,842 $25,004,99?
received.—j.——-—- - • 233,354
•
• 57,204
55,280
43,274
income™™——
!:!
349
income
167,
1947*
$17,291,773
12,210,177
1,329,855
—
Net
RR.—Earnings—
Net
/■
charges
_.u_™
for Federal income taxes—.....™.
Earnings
'
1,767,993
expenses™
/%
Income
—V.
;
;'v"/v
railway—-
July—
■'
income
Total
•
$101,765
>
;
2,623
,,
7,704
stock-/
745.
/
$120,310
$109,470
—
168, p.
$145,055
'
(Cri.
of
Maytag Co.—Earnings-
Sundry other
916,030
541,000
; :
$5,017,305
/; 96,684
administrative
&
com¬
;
1948
,
Provision
30,687
debt-
find exp.
Balance
formerly
six Months Ended June 30—
Total
Other
disct.,
deductions
Gross
Interest and
Miscellaneous
762,879
'
Operating
Other
develop- J
.
Net
(826,286
$136,890
——
debt
income
Divs.
with the Servo Corp. of America, Lindenhurst, N. Y., as administrator of the Electronics Department in
the
development
and
manufacture
of
pilotless aircraft guidance
equipment and radar research.—V. 168, p. 848.
%
!:••!>s 4y.%
was
149,858
'•
•
Nuebling
income
of
prem.
Other
This corroralion now engaged in the development and manufac¬
ture of electro-mcchanical and electronic devices for military applica¬
include
87,131
146,013
,
taxes—j
long-term
on
Amort.
Net
(W. L.) Maxson Corp.—Expands Activities—
tion,
>•*' 110,796
1845,610
/
income
Gross
"
"
"
-
9,233
106,340
429,402
$700,701
$450,096
> $2.58 V,;
$1.59
i
-
,
9,233
taxes
Federal
Int.
Net
3,636.536
609,750
adjustments
tlon
$832,302
134,010
; i.
etc...—.—-—.
(est.——
266,752
47,166
'
General
Total
$7,635,684
53,416
depreciationplant acqui-,
of
Amort,
selling
/'■'
$6,856,541
2,871,551
$618,065
$669,691
324,138
——-
expenses
for
Prov.
Profit
Other
Shipping,
1948—12 MOS.—1947
1948—Month—1947
Period End. July 31—
Gross
11,
new
'
sales —$22,929,609
Cost of sales—™:..
.———..16,144,311
Mississippi Power Co.—Earnings—
.
follows: $1.75 de¬
1947; and thd balance
as
regular $1 annual dividend basis..
a
167,190
6
the
in
stock, plus $7.20 in
intention
COMPARATIVE
548.
If
offered
common
of
indicated
390,06*3
62,578
$7.20
earnings for
$5.45 being accrued dividends this
The
1,150,922
194,687
in
$7.20
clared
18,785
of
stockholders
four shares of the old
held,
$66,481
Split-Up Stock, Etc.
stockholders
common
ACCOUNT
INCOME
131,511
515,869
;
348.
Net
COMPARATIVE
'
t-
8,854,646
2,033,773
888,979
1,034,873
271,052
9*,360
■
408,383
1948—12 Mos.—1947
$4,051,092
2,503,035
—
accrued
; ;
549,003
-
Co.—Earnings—
1948—6 Mos.—1947
—
Gross % income
1945
'
1947
1,697,346
:
$1,227,241
$128,254
31,456
11,245
1,328,635
149,560
185,447
$4,784,265
(net) /—.i..._
income (net)
Other
•—
oper.
ry.
—V. 168, p.
445,303
leased
:
Earnings—
$212,386
79,423
railway.--.
Net from railway-.-—Net
States
revenues....
dividends
1946
$1,169,095
54,733
012,110
142,219
/
1945
$272,136
94,911
68,217
—
(Net operating revenue
Income from elec. plant
168, p. 548.
from
Gross
530,004
456,500
(other than Fed.)
Federal income tax
Not
$1,491,373
354,836
„
!943
From Jan. 3
automatically become
effective when 10,000 shares have been deposited.
As of the close of
business Sept. l more than 6,000 shares have been deposited.
407,815
...
Taxes
-
*337,693
.;
op«r.
ry.
1,831,618
income™
450.
p
45,603
1,635,69*1
railway
oper.
168,
55,417-
railway
174,628
1,048,989
oper-
railway-..Net from railway-.™.-
will
plan
—V.
10,145,462
2,533,422
from
Gross
*
*
ry.
preferred
preferred
3
from
Net
7,711,054
Mississippi Central RR.-
exchange dated April 9, 1948, to the holders of 7%
stock,
as
amended Jure 30,
1948, has been
of
from
Net
%;■ 1947
■■■
1946
:
From Jan. 1—
Gross
76,700
812,198
raliway..——
income—
from
668,613
55,735
49,266
41,463
11^)08,119
1,072,610
railway
'Deficit.— V.
July—
The
•
*
171,199
Net ry.
Marion Power Shovel Co.—Extends Exchange Offer—
cumulative
848.
$1,650,290
346,764
from
291,250
$254,269
on
P.
1947
34,221
35,146
15,158
Operating Corp., New York
railway—
railway
Gross
^ 370,277*
Period End. June 30—
Net
%
1,734,766
1,339,064
8212,646
$181,546
1.113,978
t
1948
from
1,332,815
775,766
37,136
1945
1946
155,114
ry. oper. income—
From Jan. 1—'
Net
3,559,952
$233,87G
Minneapolis & St. Louis Ry.—Earnings—
/
3,164.457
railw ay—
$149,336
355,131;
July—
from
130,132
4,812.841
2,539,092
from
5%
Gross
73,024
railway......
Net ry, oper. income—
step
168,
70,642
1343
from
Gross
Depreciation
Pa.—V.
$545,226
July
in its $2,500,000 physical expansion.
The first step, construction of a new building, is well under way,
said Henry F. Dever, President of Brown Instrument Co., Philadelphia,
entering into a
credit agreement with Harris Trust & Savings Bank and First Wis¬
consin National Bank of Milwaukee.
Under this agreement, the banks
would -advance to the company a maximum of $2,000,000 on
2'/4%
18-montn
notes.
The
a
subsidiary of American Light &
company,
Traction Co.. plans to use the oroceeds to finance
construction of
additional facilities.—V. 163, p. 906.
;K:
The
1945
$519,513
222,112
2,223,354
Maintenance
company
second
1946
250,572
RR.—Earnings
Creek,
! Minneapolis-Honeywell Regulator Co.—Expansion—
A three-year .program for expansion of development and produc¬
tion operations has been started by company's Brown division as the
15,050,303
4,686,050
1947
$586,318
-
from
railway....
Net from railway
^
Net ry. oper. income—
—V. 168, p. 548.
Aug. 30 filed a letter of notification with the SEC
for 300,000 shares of common stock, to be offered at $1
per share.
Underwriter, Henry P. Rosenfeld Co., New York.
Proceeds will be
used for working capital, acquisition, etc. *
%
From Jan. 1—
1943
$717,282
336,848
111,906
from
from
Gross
SEC—
The
347.
p.
railway.:..
railway.—...
Net ry. oper. income™
Net
7,734,368
•
122,748
%
oper. income—
168, p. 450.
;
Minit-Man
July—•
surplus
168,
Moiiongahela Ry.—Earnings—
12,639,410
.
331,142
railway—.—.
from
Net
—V.
Cross
oper.
from
Gross
increase of 32.2% .—V. 168, p. 848.
an
15,424
Net ry.
of
output
railway™—_
from
...
July—
25,292
220
1947
$180,111
51,969
21,691
$188,195
40,953
railway—_
from
dividends
and
98.23%
71,633
.
Springs
•
1948
July—
Gross
income
Balance for com. stock
Valley RR.—Earnings—
Midland
$0.4$
$3,373,623
$3,885,134
and Teller Counties, Colo.—V.
El Paso
in
123, p. 708.
:
$0.47
____—
$3,470,691
Aug.
approximately
$525,626
1,822,000
$1,797,406
$1,847,960
...
198,735
Net
Net
1,596,000
1,426,000
1,525,000
$1,996,141
25 issued a certiiicate permitting abandonment,
and foreign commerce, by the company of its entire
oh
ICC
to
as
line
—______________—1_
income
Total
1,425,000
189,197
June, '47
i
carried—_—_™1.
Mall, express and freight tens
.____—;——,
Mail, express and freight ton miles
—V. 168, p. 450.
-
The
742,000
965,000
840,000 \
-
:'.*'
$1,112,951
™—$985,997
profit
1,107,759
1,804,600
742,000
depletion.
taxes en income
Preferred
Midland Terminal Ry.—Abandonment—
Gross
1,375,269
£10,000
$2,037,157
596,482
Net
1S48,
Revenue passengers
/"*Y
!
:
5)'3,207
964, OCO
,
Fed.
than
and
1948—12 Mos.—1947
.
$9 .409,789 $20,036,897 $17,542,637
t 592,17a
10.376.9*7,
8.217.255
Gross income
Total income deductions
year.
factor of 61.71%' in June,
Operating efficiency——:
" * 1948
*1947
,
$12,655,934 $12,892,397
11,669,936 11,779,445
..*■/V.
month
same
i-:v' June, '48
99.96%
29,572
Capacity passenger miles ilown..——™. 14,274,406
Revenue passenger miles flown—_
8,808,236
Revenue passenger load factor™...'
61.71%
1,
Angeles Transit Lines—Earnings—
Los
6Months Ended June 30—
the
Other statistics for the month follow:
Payment will be made at the Guaranty
$10,566,508
/ 5,419,283
753,262
—......
Operating income
Although the revenue passenger
was only slightly above the factor
miles were up 13%.
Operating expenses of $574,50*3 in June, 1948, were 21'r above June
a
year ago,
reflecting the increased costs of labor, materials and
services, and the cost of operating additional airplane miles.
1948, for account
Subs.)—Earnings-
Non-operating income-
in
load
.
•
-
1,
debentures due Oct.
$320,000 of 20-year 3 %
fund,
and interest.
3963, at 101'/a
$5,3.'2
for June of last year, passenger
Oct.
on
*$32,312
for the second quarter of 1948, after tax adjustment,
as compared to a net loss of $104,914,
share, in the first quarter.
revenues of $617,337
in June, ! 948, were 21%
greater
$0.27 per
than
/■/'■%
redemption
been- called for
have
$19,319
(&
1948—6 Mos.- -K47
exijcnses
other
Federal
$72,602, or $0.19 per share,
Operating
6,902,507
12,543,654
1948—6 Mos.—'* 47
'Loss.
or
29,219,114
.
$25,496
97,329,655 133,940,626
18.640,225
54,998,370
8,556,382
19,057,467
25%'02,149
.
Maintenance
$1,90
The net profit
(P.) Loriliard Co.—Partial RedemptionThere
profit—;—-.1.™.
was
railway,...--,
from
1947
$5,083,867
1,116,863
374,128
-
Period End. June 30—
Total oper, revenues—^
income
1948—Monrh—1947
?9.917,387
14,292,370
income—
oper.
Monongaliela Power Co.
Taxes,
period End. June 30—
1948
July—
from railway—..
Net from railway
Cross
ry.
railway—..
railwav—/
from
.-•'//
-Earnings—
Long Island RK,
-
1945
!
Mid-Continent Airlines—Earnings:
1946%
124,614,585 112,031,503
irom
Net
Net
769,000
259,000,
•
Profit per common sh.__
—V. 167, p. 2649.
;
company's
Gross
62,046
profit™.:—■—!-
Net
ry.
—V.; 168, p. 745.
taxes..
cn
1947
-
railway^.. $20,921,159 $17,571,126 $15,643,961 $20,269,833
railway
6,619,095
4,185,403
3,086,227
8,246,094
oper. income-:
3,469,815 ' 2,125,631
1,674,277
2,658,260
from
From Jan. 1—
interest
income
and
1948
from
Net
,
profit—...
income
$8,132,188 $19,160,790 $17,292,492
Net
Interest charges........
Prov. for Fed. and State
.
properties.—V. 168, p. 848.
Missouri Pacific RR,—Earnings-
1948—3 Mcs.—t947
sales—™™;.™:
Other
further to have opened the door for the proof for which
plan, and
30^-1
9
„
Cost of sale* a,nd selling
and
admin. cxps.—
the
the last * opinion of - the SEC, the committee appears
to have carried its point of e'imination any possibility of the common
stockholders being paid out in cash as proposed in the Management s
of
view
CHRONICLE
(Including Wholly Owned Subsidiaries)1
i /
•
Period End. June
present book value, and as well the company's own statements that
St will by .1951;, show a.gain in net revenues of approximately ;;3,000,ooo a year, as
a result .of the introduction of natural gas, under
the recent order of the Federal Power Commission.
In
(,rW i'(
,
that the. common stockholders are entittled to have the
the company's properties fixed as of the present time, and
reorganization must recognize this enhanced value over the
beginning
-value
that
of the committee
position
FINANCIAL
&
Mengel Co.—Earnings—
powers
holders
The
COMMERCIAL,
,
•
income.— -
•Deficit.—V. 158, p. 548.
1,560,295
•
1,209,926
^*312.552
'
,
2,602,293.
'
>
rv
\
10
V
'
Nationality, lines, Yric. (
revenues
Subs.)—Earnings—
&
'V > 11 *' •' *'•?
6 Months Ended June 30—
1948VJ r1
-
.
The company
$13,860,006' equipment
dated SeptJ-15,^1948^ and'*
x
ments
operations————
from
Income'
L
__
$1,688,225
t'4"48;878 '
•••
Other incohie
•
Mos;—1947f
1948—6
u
Period End: June 3(Pvi.vV-'.fts •'>:
;
■
$1,465,660
d49;63$
are to mature in 10 equal annual
Sept.T5, 1949, to Sept; 15, 1958.'—V. T68f "p; 849.:
from
'
;y,-
-
'
.
,4
>
i»u$,——vz Mos."1948—12 mos —-Iqi?
""
V
'"8-
ting"' reveWU'es-t—y; 69;92tf^59i>i6^^;7^^1^^102i57^^^4|4;o»^
42;892,689
34,820;2§5- ' 84;460;734 '
Oper., maint. & deprec.
maint'.V & de
Vt>o'
5 OR7 700"
R 578
1 n Q*<o nnn
5,087,700 ;
Prov. for Pcd.-inc: taxes
6,535,700^ > 81839,700 iWi0
108?3T0h
7nn,7S7>.
.«JOMt-fUBUvf-Vt.'^and-v';_'lu0
Canadian income taxes. -300:757! :t u >281,220 + *»:605,968 •';=
653'isr
,
J
,
..
Interest expense
Amortization
of
Miscellaneous
charges
v
- 850:000" ^8ta;WKFT:l-fifths*
o>cm 14
a- n«i coe'
tewie^
8:745,611' -8.050.586" 161856,370
,
$2,137,103
.
—
intangibles—
•Earnings
net
...
.income—___
$1,237,184
•
$0.81
„„—_—
share-'
___
$0:72
Earns,
income.
*■'
„••'/
,
>*. ,/.
■
"
Period Ehd. June'30—
salCS_
Net
Operating
♦
3,245,976 ;
•,
$*$63,471
income--..--'
21,201-
"*
I
Total
income:
Other
deductions——
Prov.
for
deprec.
depletion
Int. on 5%
>$558,107
$584,673
'
■
'
I
J
'
■
$390,199
•
40,884'
163,028'
II
cum.
139,212
$280,905
•.
63,646
63,320
63,832
STATEMENT
^Net
71*187
v-v*5v
"
Net
>-■
«'«
by
-J-———"
income
ResCrv'if
a' subsid.
■
-Ur,
;"
7,776,275
9,792,437-* 12,844;214
OdvI-.-r V
'24B.OOO
j.:.:24«|000.if;V480,000
netdincome
of
-
v"i
'• v
:*
"
'
'
'
~~
'T.'i"
"
-
1;
^
Prov.
ftfr
•
taxes.
/
profit-;*.—-a——
;
income
78,593
.
:
31,910
1.
90,841
.
income—._
<net)__i.—:and conting int.J..-^
railway .operating
Fixed
income
charges
'i
•Railway:
Noranda Mines, Ltd. (A Subs.)*
Earnirigs—
Operations
Total
Six Months Ended June 30*—1948'
$1^160*192 .;:xv
$1,46.8,192
♦RnV-ii'R
'3rt4ViatCopper'produptipn.from Home Mine (tons)—„
,020
9,1
;
„T(C^zz- •. *"■? ca >"V odn'71 <
Gold'production from' Home' Mine (o*zs.iL*—• V-v 67*634
"*
840
|
1 ' Number"bf^"employees' (avferage1*30L ;
Railway
31,916
78,593 '
.
.
000'
;
.
Federal
income
•Including operating,
V.
$117,889
selling,
$223*935 '
,
administrative
168, p. 745,.
$129,620'
,
and
$93,209
general expenses.—
•'"•
T
Net
Mon th of
V-::"Net
*■?'.'
Period—
:
3 Mos. End.
.
6 Mos. End. 6 Mos. End.
July 3/43 Net
profit
for
Prov.
from
depreciation———
Fed.
income
Net inc.
Prov.
31,887,238
,
$3,047,012
1
Net
.profit
Earned
—V.
per
5,191
•Net
railway
Carroll
'4^/. '
18,581 >
381.300
1.354,600
22,704
.
$951,842
share———..
41,038
t..:;
745,600
Crl9,739
174,956
$1,653,871
$2.00
1,664,000
United
resigned
States
,
has
been
C.
John*
Radiator
elected
Vice-President
^f '"7
Corp.; 'and
alsb
director
a
President
as
and
by Rockford,
In
men
the sewingj machine
Morley Kasler was
Jay Kasler was chosen
Vice-President
and
and
elected
President
Chairman
Director
of
the
of
Sales;
...
Treasurer
board;
and
income tax carry-back
*BefCrfe
;«ccrued
of
Alex
Ior
(Natibnal Tea Co.—Stock Offered—
share
held
3
in
^
List
as
record
3
p.m.
(EDT), Aug.
warrants
98,640
to .purchase
shares
30,
1948;
1948.
shareholders
/.
29,590
The
offer, expires
/
have
agreed
to
shares.
r
exercise
The
offering
v
at
*>:
v
«
Lynch,
agreed
to
"^e
proceeds
from
the
sale
will
be
.
,
organized
subsidiaries
groceries,
frozen
In
the
in
fresh
foods,
the
to
for
the
general
and
the
retail
vegetables,
corporate
6,
!Se,t'ry.
bakery
and
:
New
o*
food
849.
p.
York
of.
^
the
week
15,514,523
above
'
ended
kwh.
production
year
Aug. 27, this
This
of
/
for
Association—Output1—
Association
increase
an
kwh.
.
output
the Aug., 27
Tono'n «a ^ecrease
week
of
is
reports
^'961,000 cu. ft.,
or
Gross
'
According
acquired
ported
by
price
to
reports,; control
Tinguaro, S.A., a
press-
Central
of
$48
per
of
share.
Net
1948
1947*'
from
railway- £ $1,109,404
railway
,w549.201.
oper. income. ii-.V.': 257,296
ry*
From Jan.
Gross
371,135
166,708*
railway..
from railway——
Net ry. oper.
income!
—V. 168. p. 450.
7.255.280
Net
»
ry.
oper.
income—
bebn
a
•
1
for
Net
railway,*,*—
from railway
Net
ry.
—V.
oper.
1948—12
2,928,849
33,996"
3,307,004'
1.504,073--
j
$286,617
10,762
13,103
;v
$2,445,542
inccme_
Net
$965,549
*•
$299,720
279,835
48.521
p*
Other
JUNE
...
.
STATEMENT,
1948
30,
*
"
,
*
_i_2
—•—
±__
!„__'
59,564,247
8.125,244
.
8,583,725
,w——:
'. 9.762,494.
9,701,707
!
$19,925,597
2,595,306
revenues
3,440,065
300,$21
income-
interest
-
$30,115
*$1,097,405
2,977,243 y,
.
/
2,925,283
16,322,353
-
1948
1947
$351,982
$314,'338
4
railway
railway—
62,733
14,2tM>,9l2
from
4
IW:
1943
*7,022
'
$380,398
146,964"
;
60,818
16,"291:
*70,983
railway
2,960,542
;
2,357,470
820.439
5
634,267
567,964
169,898
*63,597
192,062
2,279,815;
End. Jime 30—«
2*.867,140
1,155,034
406*186
expenses
oper.
82,625,269
(net)!
.
'
9,l84;il4
/ 163,252
10.751,589
278,789
11,030,378
2,138,930 "
Interest' deducticns' !__
holdings
Ry.—Earnings—
1
1947
1946
$561,891
$522,680
169,752
169,822
382,368,817
340,424 703
244,45l',331
55,439,371
38,700,490*
1,441,443
40,533,982
.111,409
9,347,366
40.141.933
40,645.391
1,119,192
6,966,491
"
"
!
3,430,572
4,766,727
5.629.297*
1,749,510
4,639,198
2.142,412
2,434.632
3,036,342
1.480,131
1,772.539
2.G53.971
1,821,752-
—*
>
465,448'
8,228,174 -33,175,442
8.426,000
*197,826
/ *528,558
.
33,704,000
37,214i819
.1945- V
•Loss.—V.
168,
p.
shares
of
include
not
,
3,510,819
549.'
New York Title A? Mortgage
Potomac
Electric
of
Pacific
Gas ! &
Electric
common
;-'
* stock"
on
Pacific Gas and Electric.
Dissolution
under
y
North' AmericanVLlght
of
amended
"
plan I of North-American
„/»
*-
*
.
>
v"
"
^
& Powerf COi. as proposed
Co., awaits decision of the
^
Circuit
Court of Appeals* i>iv the uppeaF
taken; by • certain minority
of Light- & Power. - North American owns all
outstanding
securities, of Light & Power, excepjt about 15%' of its common-stock.
Under the plan, as approved
by the SEC and the" District Court, the
minority common stockholders of Light <&'" Ppwer are to receive threestockholders
tenths4 of-a4 share" of Illinois
for
each
for
a
share
limited
to
share
of
a
of
Light
period
North
Light
to
8s
American
8s
Power
Co,
Power
coihmon
Power' common.
tender
,
for
the
Illinois
cash
at
They
Power
exchange
stock
are
be
to
* equivalent
649. r
a-price
common.—V.168,
p.
entitled
stock
common
so
to $7.30
;*Northern Pacific Ry.—Earnings—
Net
Net
ry.
1946
.'
194$
1947$12,858,805 $11,126,110
$9,796,754
2,746.411
1,9807384" " 1,249.989
income.,.
1,598,713
1,275,278
830,513
l§'i$
...
from
railway
$12,018,180
raiway—
from
2,277,693
1,959,774
oper.
—V.. 168,
;
:
1
regular income payment will be made Dec. 31.—V. 167,
*
.
and
Co.
Power
also4 havfe rjuit
North American.
• This
distribution will be made
to North American stockholders of record Oct; 4, with cash
the amount of 433/4C in lieu of - fractions ■ for each
l/80tn
Nov.
Gross
1812.
•
shares, of
80
The trustees of Mortgage" Series F-l have1 announced another
prin¬
cipal distribution of 6%. or $1,626,504, to be made Sept. 30 to holders
of record Sept. 10."
Since" 1935, the trustees have distributed 57Ts%,
or
$14,224,899. income and 60%, or $16,311,417 principal. * The' next
p.
.
authorized 0?" the company's remaining holding of
166,667
stock of Pacific
Gas
and" Electric** Co. and the .
balance' through4* a partial" liqtddating distribution
th«S.
of
of
Cd;5-Directors
Power
part
share
one
July—
Co.—Principal Payment—
;
any-
stock
common'
common
divestment
of
'
-
of.
the ' sale' of'
Gross
223,441/
170,477
1
-
33,704,000
$599,347
4.908*434
Balance
8*891,448
8,426,000
sales* of
Electric'
received
1
'
share'of
756,395
income
$1.76 '
states;in*^:parti
.
its
1948—12 Mos.—1947
$•
J/-;
60,438,918> 288,814,152"
13,002,237
54,854,175"
14,240,192
—
income!:—
income
99,882,397
—74,890,616'
taxes.
$15,249,254'
—
paid .in
•
,
incomeVf rom- North ^American- Light
&• Power Co.
The carrying, out ofx a plan providing-for.>the liquidatlon of Light & Power has been
delayed by the filing of an appeal.
The' company has completed the" distribution or sale of all
each
1948—3 Mos.4—1947
revenues——
dlvs. and1 surplus!___»l
1
in this
and
results do
Wisconsin
,
*
year's corporate net "income* is due entirely to
investments by
North American in compliance with requirements of the £EO under the Public Utility' Holding
Company* Act/4 Thus, in the- main, it represents earning power transferred by the company .to its stockholders.■;
*, i
The
$277;479
66,467,
14,296
.
The4 reduction
distributions
2471.
^
eariis:-per sh. of ccuh. stk. of North Amer. Co.
Herbert :Cv Freema%' President-
$354,799
$22,520,903
4^612,897
2,475,345
183,407
charges*.;!**.!*^
dividends of4 subsidiaries—
deductions—
.'
Prcrtorma bal. for com",
from
Total
7,487,693
$591,393
162,7l2
77,609
MONTHS ENDED
operating revenuesl
Other
$2,494,063* $1,016,654
1,146,658 >•;* 1,121,453
■
xNfet income Xll
Dividends
168, p. 548.
702,000
expenses
Pro forma
(pounds)
11
from
.Net
106:443
1,182.671
202,324
215,072
684,549
$2,948,975- $12,300,796 $16,795,221
$0.34
*
$i;43
$1.96
$0.30
FORMA^ CONSOLIDATED INCOME
non-operating
Gross
-Net
51,105
net
$83,793
■
Operating
Operating
Operating
1945
2,374,825
1,036,317-
209,307
:,45*958
(Including North American Light & Power Co. & Subs.)
operating rev'enuesLj__l,'-.ll";
rJ
L_
$115,663,014
Total
14,431,435
New York Telephone Co.-
the
4,732,211
>
1,193,525
114,252
630,000
83*113
$2,552,03^ *
,
,
67,438
t
938,883
123,000
45,089
.
16,926"
9,341
'
Operating
kos.~1947*
17,669,376
v^Defidt:-^v;'.i68r;:,p7';549/'
re¬
$1,016,674
449,486
138,841
'
V
'
336,857,,
120,000
*.«■--
122,906
$3,537,027 $14;029,889 $19;584,602
oir nwi
•i kjiW
*
938,883
25o,45l;,
rTaxes, other,than'income taxes
Provisions for incomeVtAxes
Appropriations for depreciation' reserves'—
' ■'
$3,215,466 $20,114,918 $15,396,984
283,655
Fxom' Jan. 1—•.
Frbm'Jan. 1—
Gross, from
t
;
"
"
Total
w
\
'
*
Mds.--1947;
$249,862
Net; ry. dper. income
1943
from
railway—
Net from railway
Net
;
Net from
railways
Net'rj.^ Oper. incottiU--
5.931,786
New Orleans Texas & Mexico
July—
*
'
share
per
1948—12 Mos.—1947
11,120
Wt 4Si
,
.r,-" Maintenance —1
•
—
^aiy—->
Gross
1—
from
Net
Gross
1946
cents
-
Earnings—
1948*—3
loss
I^rioa
$674,116
50
$3,519,307 $13,906,983 $19,517,164
27,224
'$2,"953,750
income—;
.
New York Susquehanna & Western RR.
-
$859,740
from
Net
dji»
Corp.
income'
-v.
•Profit.—v. 167,
,
NortHeastern RR.—Earnings—
July
Net
of
1948—3 Mos.—1947
-
12
on
bid
372,901
•."•'■■s-: ..J*■'
'
,
dividend
a
$2,926,526*
bank loan notes
PRO
•*
.
$
&
*
"
a
lricbmei
on
Net
.
deductions
:-;:"j•'
a year ago*—V. 168.
July-last* the stockholders had been advised-that
company had * been * submitted.—V; ~
165, p.v 2147
Gross
.*95,107
(000 omitted)
*
at
952,672
the first dividehd paid by the company, since Sept. 19,
distribution of $l:per share was made.—V. 168, p. 549.
a
Earns, per common sh._
$774;948
1,45,664
25,925
\
47,567
^
$3,831,233
income
a
In
l^eW Orleans
Tdtal
1945
1946
$751,401-
^
•
v ,'f
114i628,000 cu. ft.
below production of
corporation,
'-'i'-v'/i:t'-1-:-.;.
,
declared
27
,Fxm»nses
-Eapnings^-
electric output
Yhis- corporation^-h'a'i^
Cuban
Steam
Mlsc; • reservation of
New Niquero Sugar
Co.—New Control—
•
Aug.
on
income.**
*
:
GrosS
•
X
'*
,
Other', /taxes'-
•>/'*,-«w: 6.y'V-"
revenues
rev.
Income
at
4.8'6*,(
v.'".':•
H4Q
?-X?enseS*
———
Federal income tax—
basis of reorganiza-
*149,760
-
$239,100
kwh., or 1.54^
-cerresponding; week a
reported
on
1947..
$691,287
3,592,133
234,798
for* the
:■/,
CU ^ for tlle corresP°nding week
849
p
is
15,279,725
ago.
Gas
Electric
"
;
p.; 548;'
deductions-
.
As of June
19, 1948,
the company operated
through subsidiaries, 682 stores, of which 569 i
departments, located in eight midwesterh states.—V. 168,
-
•
Preferred
type.
-•/
'•
n
IrRerest income"
Total
-
fish and other items customarily sold
business.
All but 12 of the stores are of
New England Gas A:
'
v:
Trpeome-t'—
Sales of" steam
Wkrii
For
|
»;f-
4,857;726
4,092,742
4,945.648
,63,493
400,094 y f);^85577 ;/ >, 52,167
*844592. ' *586>936t.*875,698n? ,*719,734
Operating income
Non-operating income—
..^'~
in
products
.
4,625,834
pur¬
indirectly,
include meat
irn
-
Period End. June 30—
*1,614
4,59li897
Period End. June 30—
.
directly,
oper.
Operating
dealing
dairy
:
*90,531
1:
is engaged with
stores
income—^
oper.
Net from .railway
Oper.
' L;!
1902,
food
4,539,709
: 487,628,
•; *59",973
;NoMh Aihcilrifcait Cbi----Inc6me Statement-
tt$967,568-
$2,701,949
(Deficit.
ugain^t ■Bo8ton- df. Proy^enet income
;properties^
and
oond interest.
1947
34,466
Ofoasfroittl-Jriiaw'ajri-J-
com¬
"!
Feb.
on
of
taxes.-
$655,924'
railway—
railway———
*DeIicit.^--V, 168,
U V "''"-rt
'
poultry,
retail
self-service
Illinois
operation
fruits
meats,
in
continue
general
,
The company,
its
ry.
of stores and other facilities and will
partially restore cash heretofore expended
poses. .C
V
i';'; ';,':
'Y
.-i//':.. •v./fcA
,
used
1946,- when
taxes
+948
from
,.
neI
pany's^ policy of modernization
,
.
be
underwritten
by Hemphill, Noyes & Co. and
Pierce, Fenner & Beane, and these underwriters have
purchase any unsubscribed shares.
;>
Merrill
42,451
i
From Jan. 1—
'
subscription
the remaining
of
Co.
from
Net
>
their
will
i®*v^38T ;
.
on* the 3*435,033 outstanding- shares- of capital'stock, payable Sept. 29,
1948 to holders of record Sept. 13, 1948.
''
$2,701,949 +$1,642,558
taxss.f+$3,669,517
charges and contingent interest
July 1, 1947.—V. 163, p. 849.
July—
Net
its
(EDT), Sept. 15,
p.m.
Certain
•
.
116:348
675,000'
.
/
|
V -'
.
.'/-'x The directors
Qda
"
675,000
New York Ontario & Western Ry.-
Vice-
as
Aug. 30 that it is offering 128.230 common
shareholders for .subscription at $20.50
per
ratio of one'common share for
each five common shares
to
>
9*701
39,903
•
1945
$620,077
NbHli-xAWricaiK'''''Aviation>cInc.^Ilesumes: Dividend--'.
*
«6 -7fVi~Qd6;*
$2, /ui,a4p.
110,303
railway'---'
-
1.
.
Jnt.
„U'-:-L
v
■
..
.
6,704,846
Haven' Federal; income
Terminal
tion effective.
announced
$10)
the
of
'•
$2;360*329
'
-1946-
from
;y,
'
$2,010,886":+$3,531,721
+$520,835
credit.
and; pnimid, charges
Boston
Gross
(par
,
National;
A."Roger
a
New
includes* fixed
.
Raymond, F.
Secretary.—V. 132, p. 2600..
The company
$3,7.1,7*1':
1,190,000
—
tlncludes operations of the Ebstdn 6c Providence' RR. but excludes
fixed charges of that company under plan of reorganization. Includes
industry;
The Harmor
M. Kasler, his son;
and.
r
$673,109
-84*692
-
'5;8I9,696"
5,001,126"
railway^-Kv 1,402,174'
842,208
Net ry'T oper. income539,569 ^ 229,522'
Net
—-p.
Net inc. attfef Fed. income'
was
111.,
;
882,734
from
'
•'"«
w-$735,604
railway- s 336*688
ry.'Open* income
148*316-
From Jan. 1—
director
a
p. 1696.
company executives are Jay Kasler and
Morley
cl .the Free Sewing Machine Co.
of Rockford.
shares
$2,893,620
"
307,266
.
.
Tpis will be
sold on Aug. 31 at a reported price of $5,000,000
the Harmor Development
Co., a recently organized concern headed
President
^
/. $328,101
Months Ended July 31.-1947—'
Fed.
the
of
1947**^
$963,995
from
Gross
5,920,672
Net income lief. Fed* Inc. 'fcaxbsli f$4,344^17'
National Slewing Machine Co., Belvidere, III.—Sold—
to
Net
:
------
5.920~672
„income aftef* Fed. inc. taxes.
$2',T38;Qo6
$0.9!p
Earnings-
;;;
July*—
$6,748,773
$2,893,620 i. 2,893,G20;
$6,748,773
.
railway .operating income-^
Non-operating income (net)
Fixed chgs, and conting. interest--
in charge
Mr.Baumgardner
and
CapH;a| Finance Corp., Detroit, Mich.—V.' 167,
Thfs company
Norfolk Southern Ry.
*
..
Vice-President
resigned..
Barnes,
Executive
as
+$48,862*
.Net
operating income
income (net)4.*.^——
digs, and conting interest—
Net
$0.39
•
per';-;§hare.-i—
146,-000
;
280,000
1——1.1 $'4,012,0W
' *
- $1.79v,
-v; 167, p. 2561;
$522,259 k* +$176,138
—
BaumgaWner
Earned
,225,000
++$346,121
•Net
succeeding1
recently
$522,259
225,000
credit-
•
L
820,378 *
t$57lj21
taxes—
Net income bef* Fed. inc. taXel/.'
Federal", .income taxes—
il*
,$184,897
$3.48
*
'
:
Radiatbr Co.—^New Vice-President—
M.
sales,
of
v
$759,734 f--' Fixed
$3,072,213
167, p. 2033. '•
Nationa
of
;
—
cominon
inc.
$249,757
4: 522*259
7 Months Ended July 31,1948—
$754,546
25,201'
$1,637,975
i;
20,322
—:
for income taxes—4—
fof possible inventory losses-
ProV.
Fed.
carry-back
after Fed. income taxes.
Non-operating
Interest
$522,259'
J' 820*873
interesit__
net' profit...
tJ Gross from rallway_:__ "
328,292
10,737
Total Income—j—
$249,757':
(net)—.
conting.
tax
Estimated
xi,
.
•
(net),.
income
383,922
and
-Net income bef.
*
June 28/47
$3,430,934' $1,082,835
196,404
Net profit from cp6r———
Other
July 3/43
$1,883,642
operations——^—,
chgs.
/r
income—
operating
railway
Fixed
.
1,049
$4)228,000
000
f$392,
taxes_
July, 194 7—
Non-operating .income
Natiokial jni&ll^able & Slber Castings Coc—E)arnin^*i-
inc.
27,630"
3
000
taxes——————
income after Red.
1947
4',264
,
'
I; Net income before Fed. inc. taxes
57.128
'/■
"
,
000
Net
480 00o
:OperatiUn's
con v.
debentures—_
"
:
z
'
income
.16,928,803
;
:-f<n
INCOME
OP
■
Month of July, 1948-'— '
.
27;463
**
" 86,429'!
7
.
-New
& Hartford RR.
on ;
Other than
'r
Non-operating
161,341
!
$2.40
12.
Aug.
on
•—— 4
n
and
——
.
Whitcemore
P.
,10,689
'
I
-
^
$270,'2'15
9,003
64,949^
-
,■
1,804,818
$381,195
■
.•«
of provision "
foregoing^ figures are> inclusive
ifxiCONDENSED
$493;i57
_*
•
r.
185,771
Whittemore, who 1S also President of the
of 'Boston,: assumed* Ws new duties on Sept
the bank in air advisory capacity until his successor
$2,075,034'
2,419,399
,
149,662
Mr-
1948—3 Mos.— 194*T
$2,800,595
$3,738,733
3,903,634
profit—
inisc.
Other
$4,457,105
fOWx.<
holders
Corp—Earnings—
1948—6 Mos.—1947
^
«...
•Cost of ,products
95,437'
1^36l:84'4 ^21;552,232- ^6,481472
$418*280"■■f
Augr:_"31 was elected;: President . at a
meeting of the board of directors.
He takes over the;' Presidency froim.
Frederic C- tDuimaineir who had been serving since the, retirement of; .
Howard S. Palmer" as Pre^ideht' at the' annual meettnr of the stbek-; ^
Laurence
,-,'1
..
National Flreproofing
-
167* p, 2363.
New York, New Haven
partially-owned subsidiaries are not reflected in
above"statement, except to the extent of dividends received which
amounted- to $162,678' for' the six months ended' June 30,
1948.—V.
of
the
168, p: 348'.
$1.85
share:-i_v__—-■7—-
per
NOTE—The
taxes —V.
V/"
$379,783 ■*>
——!
income
Net
-l*Tl5;363:i shares outstanding, after prodding for dividends on
stock,
pother income, *$448,878 comprises $331,795 of dividendsv received/$$6*39$ net gain*'on tangible property sold and $60,684*
Tlie operations
Is'k^'r^
Qth^r iric0^g,■•pr44;92omi•^.^•:-pri4ii88''
$1,118,707
-preferred
miscellaneous
108,578
-
nx
ZZZ
cominon
per
»
'\1:"86->'4T?
—
——
-
—
______
Consolidated
-
'
,_———!!!,'—t
Federal income taXeS.
Provision* for
V
ww
'
"'■u wnimy.5 state ; wuter cttg.r'V
I Including New York Dock Trade Pacilities
Corp.).: iV-l" ;-.vv: • -. Other;, ttates
$2,115,293
"v
124;;704 ,1'* ■'•-peHod'EndlJuns'JO68;269-:
:
"
Revenues
644,561'
800*069'
$2,928,080
$3,093,671
$3,076,508
setve approp. ten—
—59,485
60*996
Expenses
1,642,395
1,792,976'
l;728:384j
*
^
i"r'«Qns oiw4—88^415 V(-,[924 399^ ^tdperatih^dhcom^^-12,008^71^
—_-_':'^^"6,424^
15,819 .V Taxes^interes^feW-r^^i^;^-.;:;^:J»905^q2
.
882:415
,
—l"
i—
income.
,
WoS'SS "
.
«,««•
Total
•
a
instal-. 6
j,J v. /
;>V'vv.'w'-y'v,1*'
l)6ck«C6*—Earnings-—'
Ne-W "York-
r
<>,■ 1943
S'ul>6.)—Earnings—
'
.
noa iiina. June ju—
be-rteceive<f-8fept/ 13
invitations fbf bids to'
has issued
r
13.224,381
14,051,759
..iv
————:
expenses
Niagara Hudson Power Corp:k(«£
New forli Central" 101*.—Eids for .Equipment Issue-
,
l&W4 iV / '■
$15,739,984 $14,690,042
■
Monday, September
FINANCIAL' CHRONICLE
&
COMMERCIAL
THE
(946)
Operating
Operating
>
J.'
.
,
From Jan. L—•
from
railway_!„
railway.-.^.—
Net
from
Net
rV. .oper. .income"!—
p.
549. .:
82,542,956.w 76,574,896^ 68,170*290- 84,988,58$
13,726.688
8.788,983
6,899.205-
13,925,176
7,783,868
w
20,380,606
3,419,744
11,811,926
-^
^
THE
States Power Co. (Del.)—Weekly Output— '
Northern
V
Number 4731
168
Volume
Old Pomdexter
output cf this company for the week ended Aug. 28, 1948
64,768,000 kwh., as compared with 54,311,000 kwh, for the
wipetric
«nMied
corresponding v/eek last year, an increase of 19.3%.
Court Approves Plan— The reorganization plan hps been approved by
mart
at Minneapolis.
The plan had previously
ihe SEC.
The plan provided'for distribution ' of'
il
XJ.
the
//•■;:•/■
/
S.
Delaware
stockholders of the Delaware
company.—V. 168,
com-
revenues+— $34,291,273 $30,915,029 $65,110,047
Operation
15,042,243
——
1,743,442
3,210.000
3,837,607
taxes/-— ;; 3,294,725
income taxes——:
354,075
Depreciation —
—— (Other than inc.),
Taxes
stale
oper> income-aiJi $6,667,550
Net
(net)—
Other income
$6,621,024
deducts.—
income
Balance
and
divs.
Subsid.
$5,240,728
—<
—
min.
interest
-
Exps.
and
Prov.
for
22,651,976
Net
3,340,541';
:,
6,142.500
•en
Cash
Earnings
Dividends—
Preferred,
preferred,
$10,030,814
56,205
56,203
188,
—V.
Interest
ready
first
2,815,111 > 5,630,222
Operating
CONSOLIDATED
April
1977
l,
———.1
.—
323,304
—i—„
(other
than
income
income
are
415,800
574,143
inc.): :>
taxes//
// 487,182
1,114,034
Sept.
of
Net
of
Cuniul.
71,,200
108,150
Prov.
■
$1,886,335
122,077
$2,140,291
293,882
446,168
j;. 741,062
,.804,846
233,814
..
Federal
before
V.: 13,567
13,567
540,000
532,198
«—V.
167,
2792.
p.
-
.
27,135
—V.
July—
Gross
Net
from
from
railway——
ry. oper. income.From Jan. 1—
• -^'Vv
Gross
Net
from
from
Net
168,
Not
tax
2,486,757
*485,413
3,617,144
Other
365,798
*842,153
Other
1948—3 Mos.—1947
1,066,935
926,006
and taxes..
4
'•/,/.
$202,424
Fed.
income——
income..—
337
Ohio Edison
stock
The
Sept.
1948
stock
$716,308
for
Common Stock
» ://•..:•
(all
outstanding)
to
seven
shares
held
at
$27.50
to
Co.
the
under the
stock
common
256,549
now
additional
outstanding,
shares
subscription plans.—V.
R.
N.
Montgomery,
168,
to
it
and
plans
will
Samuel
A.
who
East Texas field.
The Illinois Pipe
formerly
Co.
of
its
\
Line
l-for-3
affiliates.
Co.
of
,
He
for
the
company
over
the
Texas
v
took
39
%
1947
1948
Gross from
railway'—'.'? >$108,435
Net from
railway
47,69)
Net ry.
oper. income—
18,?90
From Jan. 1— ''
from
Net ry.
railway—
railway
oper.
in
'
of
p.
$2,869,738
..
by
the
..
.
It
*1,629
is
$1,769,370
239.001
-
71.020
11,902
*
$909,433
$518,460
$1,707,370
109,988
$0.80
declared
Aug. 30
Months Ended June 30—
operating
*
$3.66
revenues...,
Gpei alien
:V
$1.14
8,179,580
retirement
yeneral
General
dividend of
a
reserve
accruals——-
submitted
if
and
to
purchase
to
20 cents
per
taxes—
and
State
income
:_i_
:
_
income
1,893,497
1,467,605
taxes—
1,169.409
by the
shares in
' 2,052,950
Aug.
on
iL;
income.-
$4,777,759
45,938
27
mcome
Not
that
18
electronic
during flight
trouble
will
trans-Atlantic
additional
be
fleet
order
__
stock
dividend, requirements——^
427.500
$3,703,113
$2,610,480
$4.48
$3.16
Net
47,075
com.
v-
1,J8,
p.
H:
to
sh.
common
on
827,013
stk.
and
surp.
T'
shs
154,
-I
xfi* f* r},;
t i,
- V Y
f
*. 1?.:»(
^
'
,738,000 .>
$1.79
:
'
•
• F!'- •
;
June
payment
15,
of
1948.—V.
Steel
A
cents
per
30
165,
1872.
p.
taken
or
on
qlass
■
has
company
ordinarily) payable
convertible
about
stock,,
share
par
••
Corp.—Preferred
action
no
made
was
on
Placed
"
'
/ ~
1
.
Stock
,>
Sept. 15
$10.
The
v
Formation
.
Pri-
-
,
of
Steel
offices
the
of
corporation
in
are
Naval
Birdsboro, 'Pa.,
Industrial
Reserve
where
Plant
the'
for
/
;
its
2690.
p.
Maintenance
the
on
Airline's
LaGuardia
to
raises
$63,000
Other
Fed.
'
,
,
,'
V.
«
;
Net
int.
+
income
income
Shares of
available for
stock—
common
:
99,330
$4,560,754
469,637
38,931,191
963,059
$8,668,410
930,147
$4,091,117
$7,968,131
$7,738,262
per
.
.
V
v.
3,811,117
7,415,691
stock
1,620.000
1,620.000
1,620.000
share—
$2.44
$2.35
common
income
,
3,949,876
,-
.
,
Light
7,178,262
1,620,000
$5,245,243
taxes
3,417,376
381,317
.
153,829
Amort,
Net
electric
of
/
$5,646,872
/
1,820.364
5,526.215
1.649.118
3,307,833 /
3,344,767
$837,665
$826,107 $11,913,419
1,962
r 93,598
',
2,057
'
<
/
>
^
—
/
:
.
94,709
^
$828,069 $12,007,017 $11,569,773
Net inc. aft
chgs...
502,004
450.573
7,444,8'36
.'7.122,-34
Dividends applic. to pfd. stocks for the period- - 1,980,000
1,980,000
income
;
$839,722
-y
_
'
,
> —V. 168, p. 850.
.
,
.
>
_
Pennsylvania RR.—Earnings—
"
July
1948
•
/Net
ry?^»per.
Gross
from
Net
from
Net
5
"Deficit.-
v
railway— $86,131,799
NeTfrom railway-:;::
16 657 874
*
t; ;'
>;>>
l,728,67j '■ '*
144,056 '1,728,675
/
? •>'//
32,565,313
39,034,229
5,363,502
144,056
(net).^—
/>
,
'1948—12 Mos.—1947
2,799,001
> 387,884
"1- 137.925
292,506
adjustments—
revenues—.//
;'/
$4,587,479 $63,168,022 $5.6,289,152
"
income
^
'
Co.—Earnings—
plant
oper.
Gross
$4.43 1'
$4.58
2,544,764
'>
" 1940—Month—1947
/ 311,000
Other
3,310,000
$4,690,714
/
'
\
&
taxes
acquis,
1,214,302
3,705,000-
'
expenses
Federal
*•
1,513,550
2664.
p.
$8,191,636
$5,360,301
...
>.
$8,130,864
60,772
$7,100,654
—
-—
/•
....
v
$7,050,302
/• / 50,352
—
...
income
167,
l
v/
317,826:/
-—
1,740,353
—
deductions^:
revenues—
$8,577,339
91,070
;
«...
'
1,451,972
•.1.*• j?*
——:————--
-——
Operating
4,240,008
4,895,892
$8,714,431
2x6,759
465,397
:
Operating
A'
2;015,000
$4,224,816
income
Period End. July 31—
%
>
$4,503,801
56,953
deductions;
income
340,116
—
1,504,264
■ ■
..•
Depreciation
$4,531,38%
)
income-
—
/
(
10.492.915
1,230,646
11,805,534
1,539,456
646,181
758,531
income
...
—
-1.,v
*
Pennsylvania Power
income
—
—
,
Pan
1948—12 Mos.—1947
•• •
revenue
————»
———• --
l
••./.'•
income.
Net
head¬
Field
2;120,000
cper.
taxes
*•
income
Total
.
Co.—Earnings—
1948—6 Mcs—1947
Federal——
'
"
1947
-
resale
taxes——
taxes
"• >..
,
Operating
pre-detects powerplant
all Lockheed Constellations
6,146,303 / 5,329,624
788,464
566,080
-
Income
1948
,*
$36,656,377; $32,722,464
16,206,351
12,758,758
1,683,941
1,403,518
3,106,468
2,478,777 /
1
3,063,979
2,879,393 :*•£./%
862,956 ./, * 862,956
'>
2.838.000
2,438.400
t/•
;
a———
income
State
which
installed
at
~
'
'*
—
——
Federal
analyzers for
ordered from the
been
"
.
a
/.Prov. for deprec. of utility plant„_
Amort, of utility plant acquis, adjustments
engine
more
have
rfy't
^
quarterly
on
Gross' from
Net
'-
$1,321,390
$0.94
f '.' :/■
.
Aug. 30 that the
on
dividend
cumulative
/.Operating
revenues—
Operating expenses___
Electricity purchased for
$17,026,016 $15,286,127 $32,173,865 $29,065,211
—
for
Gross
Net
Earning6 per
aPPNcable
'nmgs
$0.77
'
.
.174,428
''* 875,771
Pennsylvania Electric Co.—Earnings—
the
$3,037,980
427,500
/
"
7
shooter
amounting
revenue
gross
misc.
Prov.
.Total
income.
"red
regular
Gross
'
,
635,056
$4,130,613
;y.;
$0.66
12 Months Ended June 30—
$3,673,036
693,084
_
deductions
"
•
.
New Orders Received
—
clippers
Airways
Period End. June 30—
Other
Trt*?*5 incorne—
lal
$1.20
Main
$3,625,961
$4,823,698
—
—
/
$2,371,590 /
$568,500 /A $697,317
738,000
738,000
738,000
■
,
quarterly
issue
Other
Corp.
Co.
taxes
(net)
88,753
$492,897
share
"corporation has leased the
initial production.—V.
167,
•
deplet.! •""-/• / ' '•/'"
'
,.,r
and amort—
—~V
2,621,331
2,225,439
Taxes—State,' local and
939,399
2,295,000
-
-
$1,313,813
87,103 "
178,784
376,016
437,711
' / /
the corporation by a group of former officers of the : /'
:
Corp., headed by Samuel E. Magid as Chairman of the
board, and Joseph B. Montgomery, Jr., as President, was announced
//;>
June
15 last following the sale of Empire
Steel to the Studebaker; > o
Corp.
*»
v
share
approved
100,000
^
World
Maintenance
694,736
—
—
the
Empire
month that the directors are considering a
company's outstanding 15,000,000 shares by a
exchange into new stock. - To facilitate such
Prov. for deprec.,
■
utility ( operating
Jl"er
'
'
Penn Electric Switch Co.—Defers Dividend—
last
Operations
7,789,104
1,008.217
$1,031,624
'312.421
outstdg.—_.
per
the
/
payable Oct. 18
cents per share
the
expected
new
the
Total
1947
$18,897,572 $17,050,709
;
^mtenance
v
4
'
^
vately—Hill, Thompson & Co., Inc., New York, Sept. 1,
announced the private placement of 5,000 shares of 5% > \
($100 par) cumulative preferred stock at $100 per share. •>"/'
$2.46
$1.89
'
tux.
income
Other
Vi.'/
1948
$894,072
>
inc.
Penn-Ohio
'-'.'•
:::v;;
$1.11
$1.02
Panhandle Eastern Pipe Line
'
Oklahoma Natural Gas Co.—Earnings—
1,199.889
—...
'It was announced
$1,146,447
"
12
1948—6 Mos.—1947
;
167, p. 2472.
last
(
41,267
V'
and:/'/'*' •/.
gen.
for Fed.
shares
.this
American's
investment in the
new
trouble shooting technique to $133,000.
Pan
American, first airline to acquire the new analyzer, recently ordered
20 from Sperry to equip the new Boeing Stratocruisers which will be
delivered late this fall.—V. 168,
p. 650.
* /,
.
'•
336,300
\
.
Inc.—Earnings—
$2,092,154
expenses—
income
on
.y
l-for-5
American
This
761,291
40,563
487.
..
.
inc.
/
i
46,375
.
quarters, New York.
Delivery of the first analyzer is expected this month.
38,999
190,389
-
35,725
on
$1,193,322
,
^553,913
,,^
///
$2,335,865
A
—
62,000
v"
announced
was
The
$100,277
1,732
/>r>'!' >
^
"'?4G8,139 '
'151,017
surplus,
•
1948—3 Mos.—1947
;
/
pre-
capital
$3,263,271;
12,328
"
23,437
$1.95
Spcrry Gyroscope
...
1945
7
earned
1953),
$190,000;
$1,301,484
adv.,
.::v
690,100
31,000
Pan American Airways
of
16,774
$544,102;
par),
and
cumulative
2,344,373
.'.109.932
-
.
-7*.
from
operation—
Earned
of
<-
troubles
$62,919
:
9,236
in).
1952
2,390,623
•,
Pan
746.
paid
in
$4.25
($1
1,102,253
No.
$1,993,353
149,96?
950,400
56,150"'
319(600
1
$940,433 '$541,898
r
^
487.
p.
operations
p.
$917,649
80,579
466,700
—
15
and
$125,000
$501,168;
317,848
v
(est.) A
stock,
and
stock
common
Depreciation—
"441,991
392,786
stockholders, the
open market
to have
available in/the treasury a sufficient
amount of
stock for sale to stockholders who may want to bring their holdings
to amounts that can be divided evenly into shares of new stock, if
the exchange plan becomes effective.
A total of approximately 60,000
shares have
already been purchased, according to reports.—V. 168,
v
168,
1946
-
•' .*'$62,785
602,313
/
income-— '
♦Deficit.—V. 168,
477,637
157,607
33,235
on
1951
contingencies,
$4,680,238
years'
succeeded
was
,
Texas
after
1
by The Illinois Pipe Line Co.—V.
gross from
Net
222,325
193,423.
$1,960,120-
reduce
a
exchange,
an
entitled
Superintendent
Sept.
to
or
company
in
order
Oklahoma City-Ada-Atoka Ry.—Earnings—
July—
237,241
170,703
with
for
$3,692,107
.
.
$2,699,035
reported
was
proposal
746.
General
retired
Superintendent
was
■
conducted
and
Texas,
and
company
click,
"
$1,487,713
common
compares
banks, $100,000; accounts payable,/: *
$646,856; notes payable to banks (due
to
$2,114,775
Prov.
'
1949
$1,662,300;
profit
Total
16,932
1925. y
p.
•<
to
196,212
"
directors
the
It
of
sub¬
to
be
167,
»
.
May Reduce Number of Outstanding Shares—
record
share.. .This
per
and
which
849
pp.
Vice-President
Line
203,875
to holders of record Sept. 18.
paid on Mar. 29, last, and on
.April 1, 1947.
The latter payment was the only one made last year.
George T. Christopher, President^, stated that the company's earn¬
ings are continuing at a better rate than at any time since 1929.
4,000,000
share
net
S
.
.
'
Operating income....'/:/$892,264
$1,012,518
Mlscell./income.,(net)- //:. :
1,807 /
19,105
3,539,023
114,756
$900,716
stock
$259,623
1948
demand
payable
Period End. June 30—
Gross
$6,455,195
4,083,192
income... i
pfd.
30,
1948— 6 Mos.—1947
$7,856,527
...
—U
JUNE
$1,144,460;
accounts,
reserve
admin,
$1,339,136
luxes
SHEET,
'V :.i
9,176
162,073
$344,776 %
and
;
$430,872
7,138
BALANCE
,
22,991
•
226,843
——
hand
annum
(donated
Selling,
1,821,129
%
stock
This
Ohio Oil Co.—New Vice-President—
The Illinois
Pipe
service with the
$179,937
H
on
The
and;
call for the issuance of 285,713 additional common shares.:v,7,
The Commonwealth & Southern
Corp., the parent, owns 90% of the
scribe
$53,347
v
will
Ohio. Edison
15,462.
$3,216,536
stock
>•'•/
of
from
'J
l2d,852
$407,881
income taxes—.—
Penick & Ford, Ltd.,
Packard Motor Car Co.—Declares 20-Cent Dividend—
*
:
1
A
increasing the authorized
'/:....'>/ ./'/'/
771,874
$538,355
'
—
total, $7,819,159.—V. 168, p. 155.
2__
Fed.
-
pfd.
—V.
' :
*
State
on
accrued
per
stock,
surplus
$164,475
141
1
opers..
Common
,
shares
2,000,000
each
,
:i
income—-:
$682,898
"•
plans shortly to offer common stockholders
the
right to subscribe to one additional
company
22,
common
ferrde
2,156
$73,059 ';
v
'•
1947
—$578,757
ar.d
receivable,
$550,000;
y 118,000
"
•
^
"
f
3,652,290
40,402
CONSOLIDATED
$261,462;
$100,000
599
*
Cr24,6'53
:
and
-
on
To Increase
/
.
•
46,000
—
Earnings per share; i
'
184,227
1
..
Sept. 20 will consider
on
from
shares.
-,
"
The stockholders
l;
-
$4,781,023
expenses—- /
!
——
LIABILITIES—Notes
$285,230
Cr946
1948—3 Mos.—1947
Estd.
$867,125.
r
160,115
.,.:
$177,095
.
Co.
$876,424
42,577
$165,918
/
Issue Rights—
common
$123,113
...
/
,
f
4,046,370
•
2,140,533
subsidiary
1,313
/
$219,671
36,536
v.
I
*
„
$4,331,600
"
—148,576
income
Div.s.
3,636,693
$865,811
5
/
.
$202,453 ,7
r
487.
p.
••
103,076
-
Net
$876,087
admin,
income..—
accounts
$4,013,411
than
from
income
1st
Net
'
rove-
•'''
<
deposits, $666,276; notes and
inventories, $3,842,476; sinking fund ? "
for
retirement of
preferred stock, $2,361;
notes receivable
not. due
within one year,
$102,977; property, plant and equipment (net), $2,029,/
140; deferred charges, $31,469; total, $7,819,159.
1948''';-->^f'V-1947
y
repairs
Income
;:v".7A
$4,502,505
4,244,919
^$219,666
,
30
V
Int. and other deducts..
«-V. 168,
and
V
•/
reserves,
- •
,
* "
>-
deprc-
4,468,278
—_
charges.-:.————
ASSETS—Cash
.'
f
,
other
:
;
—
income
from
income
Deducts,
>/>
$5,121,006*
and
operations
for Federal
—V.
1948—12 Mos.—1947
"
$1,145,672
income
Gross
years
period—
—
inc.
Total
"•///
-''/V
/
and
to
346,392
$1,269,359
income
Prov.
Net
$4,361,101
(net)
—*
(other
Net
716,851
-.7'.
154;
;
credits
Net
Service Co.—Earnings—
from
,
"
income
on
prior
depletion
income)
235,867
revenues
oper.
made
$32,263,932;
p.
for
reserve
$5,778,507
sold
warehouse
Income
compares
849.
p.
surplus and other adjustments.
lor
and
Taxes
867,370
Period End. June 30—
Oper. exps.
7 18,270
-
3,870,256
549.
p.
and
amortization—
$507,279
7 80.395
*5,463
4,744,749
Northwestern Public
Operating
52,113
*
92,942 777
share
per
share,
per
This
v^;./; /-.>://;/>■>/■/>/;>■./• »•
,
income..
•Deficit—V.
$484,899
,
174.455
cents
10.
expenses, depre-'4:
taxes—
———4,238,068
revenues
Deprec.,
1945
-
772,279
railway
railway
oper.
ry.
1946
$647,714
112,23 9
168,
eight
Sept.
"'
Maint.
1947
194,507
Net
cents
:
Pacific Public Service Co. (&
Subs.)—Earnings—
'
Operating
RR.—Earnings—
''.7,.
1948
railway
4/
$814,561
record
merchandise
Period End. June 30—;
•
>
of
oi
fl\e
$2,533,429;
—
goods
Gross
168, p. 349.
'• 7
J-
'
27,135
1,056,595/
■
1,080.000
"
"'A*'
•
operating
taxes
Operations—
Northwestern Pacific
dividend
a
of
operations
items
A Net results
-
—
and
other
Miscellaneous
$666,330
$887,143
$1,399,228
$1,629,243
///>■■•:',, >»" '--'J-'. >/> '/'//
>>;:'> > 77 v.V
5%
of
Income
Co.—Earnings—
sola,
depletion
for
Profit
$2,434,090
253,955
.
jV/'
..
»f
1948
sales
Selling,
$2,200,276
$1,333,311
pfd.,
declared
stockholders
Minority share Pacific Coast Cement Corp,^—-
$1,211,233
..-V*'-
Profit from operations—.
General interest (net)—'
149,300
$965,212
Common
V.
•
$3.00
..
814,500
.128,116
Dividends—
to
goods
ciation,
948',086
•/
——
income
vvs'^-Vr
,
.-j.
Parkersburg Rig & Reel Co. (& Sub.)—Earnings—
Net
Aggregates, Inc.—Larger Dividend—
have
24
products
from
nues
Cost
543,855
deducts.—
income
:
Six Months Ended June 30—
971,609*'
-
Coast
directors
Sales
724,650
.■
$1.46 v
liabilities,
Six Months Ended June 30—
132,426
$808,932 5 $1,395,939 3
$0.83-1'
*
deferred
"
$9,331,932 " ;.i
851,520 7 >
(i.V-•. •j''*V
V
Federal income
Total
1,009,000
•
*
«
was
Profit
Pacific Coast
;
i 3,704,314
'
share.—,
quarterly distributions
Including June 24, 1948.—V.
491,500
h
$837,095
(net)—
income
Gross
452,068
639,700
364,300
$443,435
common
V.,..
The
70.700 /;//
V
): ■ '■
income_I>
$2,989,436
550,656
121,949
59,939
taxes..
with
•;!
406,700
.,
laxes__.::>
income
•/'
\
,
per
payable
now
1948—12 Mos.—1947
435,720
•••///
oper.
ACCOUNT
$4,877,256 $10,391,795
1,921,244
4,952,123
V;: 279,095 > 754,981
2,811,394
,
Depreciation
Other
due
INCOME
$5,464,053
-
$2,121,237
313,778
168, p. 319.
Pacific
(Wis.)—Definitive Bonds—
1948—6 Mos.—1947
_
Maintenance
Net
f
for outstanding temporary bonds at
of the City of New Yoik, 11 Broad
Street,
.////•■ //, ::/ /; ./ ;?
revenues
Operation
State
5,615,111
2%7c "bonds
Period End. June 30—
Taxes
—V.
exchange
m
Y.-
N.
;
Federal
Earned
National Bank
York,
72,506
debentures—
sales
gas
Govt,
Exchange Aug. 31 by Dean Witter & Co. The
offered at $26.75 per share, with a commission
of 75 cents.
The sale was completed in nine minutes.—
V. 168, p. 155.
stock
$2,916,929
42,222
S.
York Stock
June 30,'47
$2,079,015
earnings.
171,875
866,250
"--■'■■I,'*'/V";
mortgage
1947
,
$1,131,452
:
U.
Parke, Davis Co.—A special offering of
13,000 shares
of common stock
(no par) was effected on the New
Cost
Net
2,815,111
deli\<ery
for
The Chase
New
1943
$1,159,831
21,621
end
income
y'-'V
y
|Tr;.y.,; ■ -if'tv
(net)__
notes
V
$192,031;
ciation,
depletion
and
amortization,
$1,362,149; total, $162,940,912.—V. 168,
—3 Mos. End. June 30— 6 Mos. End.
-,'3
.
interest,
$0.66
•
$169,146;
Sept. 1, 1956), $18,900,000; total
'capitalization, $120,669,768;
accounts payable,
$1,056,577; dividends declared, preferred stock, $137,470; matured long-term debt, $4,843; accrued
taxes, $4,720,413; accrued'
323,869
Co.—Earnings—
/ "i.
operations—
on
for
—
495,000
Northern States Power Co.
Definitive
'•''■ '
$9,974,(309
'
849.
/'.:.y
deposits,
notes
$2,000,000
on.."each May 1,
1S49
to
1971,
promissory notes (principal payable $1,100,000
1, from Sept. 1, 1948 to March 1, 1956, balance
payable
247,965
*$0.12
(due
each March 1 and Sept.
$680,936
161,934'
..
income..——
Depreciation
990,000
495,000
——
p.
stook^__a.^_—^._^
share
—
ser-
Common
common
debentures
inclusive), $46,000,000;
453,084
~
1948
investments,
,
6,414,530
184,930
other
stock (1,620,000 shares, no
par), $20,250,000;
surplus, $275,000; earned surplus,
$21,497,558; 4% cumulative
preferred
stock, $13,750,000; preferred stock in
treasury, Dr$2,790;
■
7,181,331
.
'yf,'v; v"
income
1947
contracts, etc., $493,393;
LIABILITIES—Capital
$7,548,551
Federal)———U.
tax
Total
:
$3.60
than
,
; t. .
Gam from
Other
" '
1948
JUNE 30,
intangibles, representing
paid-in
serial
'
plant, $132,826,257;
11
$2,557,092;
obligations,
receivable (net),' $4,052,G70p materialand
supplies, $2,579,9.75; prepayments and other
deferred
charges,
$631,777; total, $162,940,912.
472.
,
purchase
cash, $13,129,587; special
$6,501,014; accounts and
Subs.)—Earnings—
166, p. 2472.
Period—
244,089
$9,478,154
ASSETS—Gas
and
This
$7,532,694
common
Oxford Paper
$9,534,359
series—
$5
per
V;,"•Loss.—'V.
772,300
,,
297,919
$5,340,783
the 'proposal.
on
—$166,412
pfd. sto^k...^^—' - 247,965
dividends
5,582,500
6,537,533
28,102
$5,212,625
——
(&
income
on
6,425,550
587,650
and
stock¬
60
a
(other
dividends
7,325,754
$5,368,886
28,102
——
income
taxe.?
Federal
income.
Prov.
Net
elaborate
—
Cash
.
.
revenues
/
$7,255,508 $12,859,677 $13,701,968
1,886,622
3,325,317
3,671,154
1,580,296
operates
common
proposal.
Six Months Ended June 30—
Gross
*
5,866,350
120,756
the
Beisel, President, declined to
Omnibus Corp.
$7,134,752 $12,531,757 $13,457,878
153,473 :
income
Gross
Total
3,965,890
2,293,500
3,370,438
3,436,075
387,725
income
red.
28,660,144
,
consider
dissolution
of
$58,768,279
11,910,095
4-——* 1,885,071
-Maintenance
to
of
meeting
p.
Northern States Power Co. (Minn.) (& Subs.)—Earns.
period End. June 30—
1948—6 Mos.—1947 '
1948—12 Mos.—1947 "
nnTaliug
called
CONDENSED BALANCE
SHEET,
program
barrel daily
distillery at Ekron, Ky.
It
formerly A. K. Taylor, then the Franklin
County Distillery, Inc., '
finally Old Poihdexter Distillery, Inc.
Principal brand is "Old
Pomdexter," a bonded whisky.—V. 167,
849.
p.
E.
be
approve a
a
special
company,
and
holdings of Northern States Power Co. of Minnesota to its
Stockholders on a basis of approximately 78% to preferred and 22%
common
will
(947)
Distillery, Inc.—May Liquidate—
on Sept. 7
this
was
by
iMiiv's
10
for
corporation
District
approved
directors
u
holders
E.
*y
been
u
liquidation
..
the
COMMERCIAL & FINANCIAL CHRONICLE
'
4
/'" Z
*
.
/-
-
_
;;>//%/> > •/•••'
1947 > •
1946
1945
'
$73,679,563 $7i,850,499 $81,311,251
10.718,760
9,752.567; 1»,271,30^
j
income—i V. .7.128,407 / 4,389,238 / 5,229.140 " 8.771.369^
railway
-
railway
Incomi—
563,553,308 512,328,459 453,080,360 575,908.408
80 346,30 1
65.797,62 4
27,690,878 134,565,905
25.223,173
16.132,333
"1.056,046
1
.
-
76.166,269
:-yyVV" t
>
12- "
(948)
Extends Postwar Program—
and
equipment
augmented,
Aug.
the
single
total
a
greatly
$216,700,366,
of
dletn'eht, "Presidents
102
of
/it«
betterments
included in
Now
reaches
years
the
lightweight
305
new
unit
extended
on
Gross
■'
coaches,
twm
and
'
reconstruction.—V.
'
I
"
:
168, 'p.
650.
•
•
'
•
*
(,
,*/-
i
•
1
' • "; *'
•,
•
...
July—
1948
from
feet from
ltct
Prom Jan. 1—'
from
Gross
Net
l-y,
'•
'■•
•
527,174
563,768
727,743
89,011
237,363
305,335
456,820
'
railway—
'-v
?
5
6,530,470
•■'
•
.$1,567,771
.$1.592,898
"2-
"
6,384,501
6,013,659
the
219,113
215,210
.*1,145,211
The
'of
electric
ended
'
•
this
of
28,
kwh.,
9,895,000
'
output
Aug.
7.5V,
or
and
company
amounted
1948
the
over
CONSOLIDATED
its
•;./!'-
kwh.,
corresponding
INCOME
(thousand
Cas-H thousand
Steam
feet)
cubic
(.thousand
;
revenues
Operating
for
for
M.
.y
'
Other
'•
income,
services
net
■ -
'
.
———
; f
Interest
Net
'
end
other
income
remaining
-2 Dividends
on
Dividends
on
> Dividends
i
on
Amount
.
$1
6,871,596
div.
stockholders
',1
pref.
in
'
Philadelphia
Suburban
2
'$1.62
'
.
..
Gross
revenue
operating
Opencting
taxes
•••;*: Depreciation •!
—
.!
1948
$1,863,026'
-2.—.-
—22.
84,987
'
r
;
——_j—
—
Net
earnings
•i". Other
.iV
Total
Debt
charges
taxes
expense——2
a——-
'■''
from
rev.
VV-w' Net income
dividends
Conimon
i
.u.—
—
'
,
to
V, .168,
J
1
'*>
r'
7
-
.
•'
..
'
i\- '■
•'»/.
—V.
'.2
.
r"
Proceeds
expected
.Joints
—V.
of
take
to
until
164.
the
end
of
of
' V
"
'
water
with
retained
company's
Drexcl
&
Co.
832.
p.
—
Six Months Ended June 30—
Gross
"
•
Oooi ating
.:
.2
.
the
from
<■
-2
13,475
earnings
Interest charges
,
40.585
discount
Income
1
and
'
^
expense—-
2
2
350.
p.
.
707
v
;
from
Total
Darnings before
June 30.'48
Taxes
x»et
taxes
1_
non-recurr.
$35,156
•
after
,i:
for
.
168,
2,128,000
Gommon
shares
per
of
185;000
la
5Va/l
to
on
$4,215,000
and
S/98,000
$*.80
or
a
per
total
share
of
on
2
ing at thai time.—V. 168,
$1.44
.
16V
the
155.
as
720,000
:
six
after
shares
by
the
distribution
c^sept^io 1948S °f eaCh
The
Pot
New
-quoted
certificates
York
ex
Stock
said
distribution
delivered after
■due-bills.—V. 167, p. 1475.
Sept.
of
preferred
common
766,896
857,861
1,144.681
"759,112
.
.
$3,843,718
:f- 711,952
^
$4,339,921
? 839,276
119,268
expense**—
-89,317
+830,257
.
?
40,440 f.;\
35,032
$2,827,287
V
i$fe30.;2'Sl7^A""W4Tiltf^Udeii
(ft
explained
as
"Note.""
in
Federal
and"state Income" taxes
for
purposes
tax
debt
discount
scries
(contra
expense")-.
82,083.885
and
expense"
cred't
199,281
S2,346.253
made
to
a
of cost of redemption and
relating to first mortgage
"unamortized debt .discount
'
-r
-,
..
as
+3eing equivalent
resulting from claiming
NOTE—Under
with
ing !in
of
unamortized
.extraordinary
an
taxes.
3o30,257
A
in
and
reduction-
portion
income
of
the
of
on
-
has
the
above
been
tax
a
in
discount
represents
basis,
thereby result¬
1947,
and
Federal
state
the reduction
"unamortized debt
equivalent' to
credited
company's
income
of : "debt
$263,330
$830,257- in-
these expenses
of
taxes
expense.'';
special charge In
>
balance
applicable to
these
boirds on
deductions for income tax purposes
discount
706
the
expense"
income
to
and-included
books
statement.—V.
Public Service Co, of Indiana;
'v"*97,554
.
v 133)661
J
Period End. Juno 30—
164,243
850.000
Operating
390,000
$1,538,051
$731,354
678,968. V;
(339,484 «shs.)
rediiction
and
340,000
,.,•
p.-155. 1
168,
as
ft
• •
$1,516,813
v
139,118
:
3 fV/r
allowable
$1,512,107
:; 128,354
,
$2,545,539
$2,972,059
preferred •stdck.i*^*..
1348—12 Mos.—1G47
•
$17,5-19,779 815,225,573 $33,390,646 $29,154,386
7 36.936
988,728
1,827,476
1.386.389
*i—i* '
6,819,736'•'' 5,232J730
12;74G,323 1 0.239,956
1,058.067
980,592 ! 2,181,441 *: 1;905,443
revenues:**—
purchased
Other
•
operation
Maintenance
339.484
$4.53
In^.—Earnings—-
,1948—6 Mo,s.^lG47-
—
T '-tprov.'idrtd(ejyM}Oi«tf6n"2^vl,619,W3^.»!l,526,010 ^'3,139,923 '-
$2.15
'.•u>**'?■
State, local and
2.986,119
-
mtsc.
"
-
-
f
•
10,
*
«
directs
until
that
V
further
•
1948,
•
outstand¬
cf
'
preferred
the
in
cash
company
Pressed
Metats
six
sales
on
shares "of
stock
tentative
stock
'
.is
to
stock.
?
incidental
with
-
operations
months
of
of
V.
7
ex¬
r
the
(exclusive
1948
$5,835,314.
show
of
Acorn
het
..a
income
.
other
deduct.
Operating
Federal
Other
* 7.
$7,756,932
2,25o,773
$6,040,147-•
$5,501,159
$8,270,015
1,109,533'
$3,129,475
543,194?;
2,229.868
$4,103,849
$2,994,316
'
,
v
'
....
Service Co. of New Hampshire—^^Earnings—
Period End. June 30—
Operating '
Prod-
.
$7,241,933
514,999
$7,726,821
322,730
>
1,126.493
'
168, p. 850.
Public
$3,781,119
264,531^
V$4,255,968
income
&
$3,991,437
*
Net -income
provide
would
of
operating
income
Gross'
issue.
payment
connection
Net
Other
•
Interest
underwriting arrange¬
net!the company
which
(before
in
shades.,
common
stock
common
preferred
.a
71,545,998-; v 1,258.135 ^3,029.663^ 2,367;056
1,495.000
1(666,000
2,739,000
3,027,00!)
;1948—3 Mos!—1947
.-
revenues
„i_
$3,175,433
1!,694.715
taxes**
297,000
expenses
income
.
Acorn
.
Mos.—1947
$11,299,382
$2,759,675 $12,750,702
1,403,398
8.540,889
' 280,000
521,400
;V 400.689
taxes
profit "after
194&-—42
1
6»238,*„„
1,023.700
' 356.214
Products Corp
(Its
>
Net operating income
$783,029
$720,063
earned. -$40,138 for.the cfirst half of .this;!
fNon-oper. inccme (net) ■:M 28,641 !:a!-;•
$56.130.for the entile year of 1947.—V.
2.314
168, p. 748. ■jfi i vr •>
'
< • •■•■•.
t
^5, '
-r.
10—
of
no
•
r
additional
-
business
stock
that
be
'
•
■ •
\
,
*
~v
Gross
w
—_
•
*
-r;.l
■
•'r
*
*
$2,213,424
$2,723,777
10,'317
'
f- z. 29,669
:
.
•!
■.■
laxesi*;**^
—1
*
net
profit
iTd.
♦
\
■
■
■
•
•
■
.1..
.
'•
:
surplus****
by
Preferred dividends—
dividends**.
depreciation of $4;524.795
38.300.C00
1347
and
*
"$605,609
85.680
85.680
per.thare
(on
838,434 shares) com.*.
r-V.' 168.
•
-
546.204
341,700
$519,929
-$1,302,173;
$1,844,656
$0.62
(*
$541,599
—*
$2,187,890
343,234
$1.55"
;:""""$2.20
$0.65
P:.550_v__.
29,700.000
4,520,296- 3,534,483"
.
,v.af^uWic Service
.
j
Electric & Gas Go.—Earnings—
STATEMENT OF INCOME,
Operating
revenues
Operating
revenue
6 MONTHS
ENDED JUNE 30.
46.924.170
23,000.000 .14,000.000
—;
42.418,689
deductions
_*_I___*_
^71,556,4J»
r_"*_r
$14,439,965
Operating
Other
1&43
—*___*_
65.418,68§
>—
income
income
126.140
—
-
32.924,170
22 431 808
180,000
in
112,140
>•-
1 25,636.518
..
Balance
464,622
81.858,653.,
•
1*______
t
Earned
fluctuations*..**i,70o!ooo
year
;
-$627.279-
diy. acquire.
.$2,734,094
$1,643,873
$717,749
•
•
£
•
.
stock
r
184,391
?
.
81,394,031
Z>rl23,374
■(~
for
income
Net
!
$2,243,093
599,220
'
$311,670
deductions
'
v
^
-'4,ir
Apin-opriation for inventory price decline res.**
V:.' v '•••••••
V'-.-r.r■?'•;!:"
Balance to earned
"Afior
1947
inccme
Total
723.679;232 533,911,332
.'.y-;■'
taxes-*?—?—..—1*
foreign exchange
«■,'■•'•>•
»
V
——l___-*V.rT08.238,985
—
income-'
income
>■■■?
;
and ?" Kv-
general
*
:■
income
for
,*4948:
-operations.-—L-_*_i—*_•!_——'W-l08,362,359.
(net)
t,"
Common
.
'i
f
expenses.V_i.w-—615,316,973 452.517,301
all
accompanied
•
.
from
Consolidated
•
marketing,
^v/'/'* *''•■.?•
Federal
•
filed
J—
ft-qods ysold,
Total
.stock,
be
the
into
*l!*
subsidiary)
against
Othfr..income
*"
must
of
of -$467,324
^Profit
common
and
results
?••*;;
f.:
Other
notice:
entered
67.500
*rT
281.099
authorized
proposed
$1,200,000
administrative
•Prov.
common
has
issued
the
and
*
>;'.;;!£V.
Cost
on
the
has
in
the
"each,
stock, non-participating, par
'c
-
.
one
$1
par
!!
increasing the authorized
class),, par $1 ..each,
ol
^Net' -salesc
no
two
of
on
all
preferred
r.V
YCars Ended June 30— '
of
of
convertible
now
taxes
income, taxes*:
-
vote
stock',
Faderal
•;
Procter & Gamble Co. (A Subs.)—Annual
Report— ?
V
with
stock
1948,
will
Issue of
,*
dividends
be
15
shares
common
the sale of
as
common
will
s.
Sept.
Federal
Create
.
dividends
stock
incorporation
Sept.
10.
below
in
deduction
together
*
'
-^
-on-
extraordinary
Provision for tuxes—
■???!•?!■''':■•?■.•<!
payable' by
The
1948
of
°f record at the close of"
Exchange
!?.
•
the company's 1947 refinancing
plan,-premiums and
aggregating $1,820,655 were incurred to June 30,- 1947, in the
redemption of -the first mortgage bonds ~3'/2''/r
series, v Such expenses,
__1
^11,927^-)
$1.70
compared
months
:•
wholly-owned
•
on
:
/.
•
taxes*!*—
300,000
of
conversion
for
;year,
>
10,
value,
•.
•
.
1948, pursuant to which each share of
par value, will be changed into three
shares of
par
1947
expenses
•
on
from
company
.
taxes,
487.
certificate
and
_i*_——*—_L_**_—.Lu-i**-^^
charge
a
7
> $5,966,996-"
"-4,974.137.4,454,889
—
v:.'.-,'-'f
discount
dividends
reduction
and
'
$7;789,'49T
,.
depreciation.^.**—151.762
outstdg.
^ucts Corp.4 for-the first
93 "750
? /
stock.
of
<
1372 143
Phillips-Jones Corp.—Split-Up Effective
Sept.
An amendment to the
Dept.
r
.
$2,632,059
as
financing). :
The net proceeds are to be used
to .pay ..for -the
completion of the
expansion -program and .the balance added to
working, .capital.
?
nr.^/cC
i
•
'-rl-
approximately
•
•
•
:
.
equivalent
common
v
*
2 $1.24
.
first
1,372,143 shares
p.
stock
i>roposcd .increase
ment
$2,425,000
• "
$4,035,000, equivalent, after preferred
the
I.
expensesi—i*—***
income taxes**.
income
cumulative
the
penses
6am/ period 8 year ag0- earni»gs from operations were
-il/PL.000 and net non-r^"rring income after taxes amounted to
U>
«■ After
and
•
375,000
1,495,343
totaled $124 617,000
were
1,502,462 shares of
.
747,108
:.*•
.
to
bonds
1947
1948
*
.
.period—
corporation
The
O
$3,520,000
$1,959,000
93,750
2
--
th,e firSt half cf 1948
to $2.68
for
'
600,000
1.502.462
share—
$107,941,000 last year, an increase of
Earnings, after appropriations, in
amounted
...
.
$2,256,000
93,750
requirements
(& Sub.)—Earnings—
-s
and
repairs**!—
debt
of
income
special
"
1
general
stockholders
The
)
2.275>000
»
$2,744,000
191,000
1.000,000
outstanding
common
been
8,747,605 1 • 7,128,820
'
charge ___**_*_**r.*;_*t*_—*—«r—_*_r.«:
charges;-—!————2——**———
Balance
x
*
: ; 945,131
125,637,
;
.income****—_*r^b*/
Federal
depletion
for
p.
500,000
to
"
$3,447,000
—
Darnings
•> 677,320
Pressed Metals of America, Inc.—To
The
:
earnings
Preferred aividend
^
1,000,008 ••;.'^':l39.07Iv<:- 1,541,022
-
,
.
Cr798,000
Net
.
:•*''t.i5.".'\\\.i'
income: &fter extraordinary. reduotiori"7:'7 :
"unamcrt zed
.-L2.il—and
for Federal
profit
The
June 30247
.
Earnings before appropriations—
Approp. to research reserve-:
Appropriation to inventory reserve-
have
con¬
$17,647,943 $14,892,421
income
Net
.
,.*4,540,457.
2,483,890
"
:
Preferred Stock—
$48,704
,
-
'
taxes
July
1948
1
revenues—
and
•Provision -for
operations——*__—,V—————£$2,815,359?
other than
share
—V.
,
22,620
2
Mar. 31,'48
2,490.000
income,
ACCOUNT
Miscellaneous
$454,506 " $533,450
80,340 >
78,303
; 71,599 -^
^257,636
4
■
$65,956,COO $38,661,000 $57,754,000
5,937,000
4,872.000 ' v4,997,000
—
1,670,297
miscellaneous
capital
*
"
'r~
income
$20 each.
Quarters Ended—
;
declared
•'SO
v
2
/2: .';2 !-2.;
fiales
cV
107,216
:;!< (,
Net
15,344
16,702
Philco Corp.» Philadelphia,
Pa.—Earnings—
,
The
of
v.
'
expenses
Amort.zation
/
1945
1946
177,003
3,862,907
—
Per
$86,955
11,885"
V
———
i?COm*e
167,
at
As
,
1947
^$825;415'
1,104,260
168, p. 550.
capitalization
—V.
,
JJ"'
"
Dividends
T
.
be
Colo.
debentures
taxes_u*j.._!——L——_a*
23,969 f
Jnterest on funded debt'****"**—£2
in
Power
18.000
$64,451
——'
tax?s—————
may
time
:any
*•
-2—
—
Debt
.
296,520 !.
177,716
■
i;W't.
Net
(V
Gross■
2,731,487 V 1,955,756
.
.sales
Provision
12,923
.
,
operating
Operating
?-
29,512 !,%
^
'Cost Of tales.*.'—_!
79,99a-
-
the
of
4
$4,080,661
853,595?
1,270.929
3,411
266,925
N
railway———
.Provision
1947-
at
Denver,
INCQME
CONSOLID ATED
;
6 Months Ended June 30—
Gross
$4,451,034 y $3,203,097
Months Ended June 30—
.Gross
234,333
:r:——
; -;
$437,136
Pond Creek Pocahontas Co.
V,
245,220
1.
"
v
debentures
stock
agent,
amount
Converted.
,
income.._
Deficit.—-V.
6
2
,.98,436 /^
.—nr-w
$5,75l|475
134,781 V;
..
2
.
From Jan. 1—
Taxes,
1948
principal
of
amount
common
/"•H Net operating revenue after extraordinary
7
"
$5,625:7li L$3,974,975
Reduction; in "income; taXcs27-l-*i-!r-!"i7$3T,727,639.;7$4;?35,050
(3/^:105,686t?
—i—•
Other income.
;
-—a.*—.—j—
;
r
116,079
104,871
372,426
Net-.ry, oper, income.,*?
borrower.
.
of
Co,,, conversion
$1,270,500
1948,
.v-.'.
'
$609,554
railwav
open
2 $432,216
expense
Maintenance
.
3,404
;
650.
p.
^Administrative
..
v
.v
'
$462,170
Gjicvating taxes
Depreciation
v
^.
2
$25,264;76i $20,990,144
20,061,382 /, 17,554,788
$575,328
a36;97l
'
.
;;..22
revenue
15,
'///>■ '
earnings, are
.Interest and
require-""
lor
—$749,929
?
construction
acted
Philadelphia & Western
RR.—Earnings—
......
168,
; >Net
v
''
three
Trust
14,375 v 125;764
:
^ Gross from railway—4,903,093
$134,699
V*
shares
into
<
'
income'taxes
.Net'from
).
together
the
1950.
vertible
principal
$100
.
international
1948—7 M,os —1947
$560,955
-
income
Income
financing,
care
the
$734,182
.
15,747
income
V Net
ry.
Hew York Life Insurance Co.
-
162,165
Pittsburgh & West Virginia Ryi-4-Eairftibgs^//
Philadelphia Suburban Water Co.—Bonds Placed Pri-.
vately — The company, it was announced Aug.
27, has
-placed privately $2,000,000 first mortgage 3% bonds due:
in 1978.
Of this amount,
$1,850,000 was placed with the
'
Cr548,712
July—
; ■•/i/V:.:y;V://;.iT943
•Gro^s; ireiAv 1:aUwfty_L-._
r$775^28
.
v
214,449
double
than
Each
common stock, the return received by the
the
return
on
the
3%
debentures so
into
debenture^
more
$486,743
f
'
48.00J
1l"
Colorado—Conversions, Etc.—
Provision for replaccments^a.**-*—_—1,145,246
: $5,203,379/$3.435,356
1.258,613
510,010V- 4,284,975.
3,622,944T" Taxes, (other than income)—!--;-^-—--!-——■
•provision for Federal and state income taxes**
2,021,732
Cr584,220 Cr4,707,307 Cr4,162.563
$796,618
611,148
charges
■&"
126,532
' $102,284
" J--
■
,
V
op.
.
48,000
J2—
.
ry.
deductions
Net
2 $188,324V
5,625 \ :.
5,625--
<
-
-
'
X'
$155,909'
—-
surplus
254.
p.
2.
—_
dividends
,
Balance
'
I
•
the
is
Special
57,799 2
1,419
'
.316,387,623 242,262,631
———
Loisenu,
exchanged.
2;\..
1948—Month—1947
•
income.
fy. Oper.
income
Total
$374,075--
2,223
—
July 31—
•
Misc.
——;—•—
———,-y" 106,199 „
-2.".■
—-
"2.'\
19.217
82,016
2,549,009
Fixed
.-49,150
——•
Service Co. of
Public
863,121'.
151,816
.
$3,035,752
v
1
' $324,924
V—
c
—--.-T-i
depreciation of $6G,662,019 in 1347 and $71,deducting U. -S. Treasury- tax notes or $28,1947 and. $39,511,371 in 1948.—V. 168,, p. 155.
tAfter
holder
383,616
.Y
.
..
2,974,233
-
65,271
———
and
-vV.•'
rrcfcried
1.222?
25,640,000 • 25,640,000
17,186,722 17,186,722
161,G"82,196 145,112,150
President, -recently announced that the conversion
of the 3 r/t
convertible debentures into common stock has been greatly
accelerated
since
the
increase
in '.the
common
dividend.
By con-
1,708
income**———.2———$322,327
ir2 57,993
gross
discount
Income
2'-
V
^
-
.—*___——*—
for
1948.
in
:; J.- E,
28,112
2'
-
2,018,307
1,000.00c
2,250,000
2,250,000
.".
allowance
Alter
vertpig
492,280
318,444
income—
•
/ $130,142
-' 870.058
76,024 y
$257,055
-.
———*—*_—_____■
t.v-;
l ite*.est
;
—2—2'—L
—:r———
inctme
.
1,353,711
1.0QQ.000'!'
.,
.2 ?•.
1,425,551
$3,770,856
♦Incl. Fed.
;
0
1945
1946
10,312
550.:
p.
oper.
-.Other
73,770
2,013
■
surplus*.
rit
22"'"/'
23,334
1.840,301
.!•'
318.524
"
Earned
1 4,000,000
2,971,7942,852,018
per¬
•V.--'-'■
Net
1,015,697
.
surplus*i—+——
Maintenance
$.1,312,647
1,118,329
——
110 000
bonds
1
1
y;
43.275
651.003
1947
!_„••?. 329,687 ■':?■■■
L—*——"• *
70,755 •
—-
!_
—
pother charges
;
————"
————
——
.<
•
29,440
revenues.——
J
—
——
1
■
92,213
!:>
—2:
'-♦Ry. tax accruals—_
"Equip: & Jt. fac. rents
Co,—Earnings'
*
expense—,
Maintenance
/*■
3,000,000
37,000,000
.
($100 pat value)*.—*—
shares cf no par value
(ifsued, 6,shares;'staled rvalue, $4 per share)..*.
Common
167 028
" 19,718
railway
oper.
168,
Net
Transportation
fiix Months Ended June 30—
from
Period End.
Ry.
$1.85
••••••"':.'•
-~
f.
/
Railway oper. expenses.
6,353,848
—**!__
—
of ioi'eiga
preferred shares
ipaid-in
22,166,945
7,759,289
2,276,000
_—._*
.
t
subsidiary due 1949-50—
price decline———
insurance——~—;***■
for foreign -exchange fluctuations—
for contingencies****——-L_———
Reserves
.:
8,921,525
'
802,990
4,093,666
21,464,763
33,216,912
far .inventory
Reserves
Pittsburgh & Lake Erie RR.—Earnings—
v
11,671,488
business——————
share
common
"
802,990 '
11,671,488
—
on
Total
$156,163
.
Income
ry.
.
the
850.
p.
—
"»
.*}{ ::.r
1,965,268
stock——1—
common
stock————
'•
_*^„-Lr^A'--***i**-.—.
Dibeutures
Reserves
5,363,171
2,588,853
taxes
Other .taxes
an
*
and .accruals*——_*!—
income—_!-—**—-*-*
payable
(Federal
2
mortgage
$184,267
-
1—
from .railway^
—V.
20,793,594
—
'
1947
$299,951
railway
oper.
Net
'" * f"***
19,156,997
stock
common
per
168,
'..;v
preferred
retained
iV Darnings
for
£
V
254.
p.
"
305,980
'' 1
4
-
26,028,593, 26,153,765
'
charges—
from
ry.
Net
/
Amount
168,
for
treasury
„
first
of
Shawmut RR.—Earnings—
railway
From Jan.
25,850.780'
J11
.
amount
$3,755,000.—V.
to
the
reimburse
the
1948
from
Gross
.558,364
-
,
*—
_
debt
on
'Net
25,470,229
■
Gross income
8,682,603
9,157,497
——
*vV' M***
bring
July—
Gro$s
I
_
3,552,017
242,262,031
.leans—-w,
Accounts
"469,060 in
17,248,375 '
9,824,502
'
.<(« '
...
used" to
company's properties.
bonds
3-u
4,134,553
LIABILITIES—
Bank
$750,000 addi-
has privately sold
be
the
to
Pittsburg &
17,812,500
-
;
;2
Bonds Pri-
Co.—Places
Chemical
&
will
proceeds
additions
additional
$
11,746,952
•
utility
•
50,555,079
_*,
net
outstanding
now
111,494,339
2
taxes
Inccme. from
The
1,852,477
•
58,425,633
i*—___
depreciation
,i;
3,410
316,387,623
'
The
123,279,816
;———V—
—.—
--2—•
Provision
iTovision
I
utility services——.
.rom
expenses
Maintenance
■»
Coke
company
15,281,514
$
' Tbtal
t
year.
6,707,700
2,154,178
v
??^22,V'2
Co.—Weekly Output
first mortgage bonds, 3 xk% series due Nov. 1,
1964, at 100 and interest, it was announced on Sept. 2.
underwriters were involved.
manent
—16,975,286
pounds
;.V
-2,.22';
'
and deferred 'Charges**.;***^**:.-*
exps.
TCtal
No
1947
■
7,169,567
-
:
:
4,411,436
—*
--r—-
Prepaid
tional
■
the
increase
last
of
1948
killowatthours)
week
vately—The
ACCOUNT
12 Months Ended June 30—
Eales—Electric
for
an
week
•
$6.03-N
::———;
-——--
2;l93|73i
'SI.,199,18c
_
♦Land, buildings apd eqUipmenf.**——101,087,467f 88,435,79a
Goodwill, patents and licenses—1
'
.1
of the operating companies: served by this corporation
ended Aug. 23, 1948 totaled 268,340,000 kwh., -as com--
Pittsburgh
'
'
subsidiaries
141,657,000
to
15.459,699
36,481.282
3.679,471
^iyl57?024
——yi—-**----—142,7C'3,132"?92,957,012
supp.iers,"deposit), etc
to
Advances
6,003,QUO
-4--—^——2—6'04*/2«.'
share
per
:
marketK
or
w,,
,
5,251,985 /; 3,832 19V
Reservesfor
Philadelphia Electric Co.—Weekly Output—
week
2v.-
,,
*53,430
' ' V;'
549.
p.
development
Income—12,942,400'
oil
—
sccHV.iUesl——r,*——_
investments***——
;***—. **^—*_
Accounts 'receivable ( Jess • re^rve )
* f
'Merchandise and .materials (at lowei
of cost,,
increase
*
168,
taxes
with 228,427,000 kwh. for the coiresponding week last year,
of 17.5% .—V* 163, p. 6'50,
,?/•'
1,526,953
'1,407,204
Spared
6,918.544
*321,240
*1,937,321
'Deficit.—V.
Federal
r——-•
1947
V„s'
.£ $
— —""r*--?—2j,8f'2,554
! 26,677,3^2
SrGovt.
U.
.1,275,000
2,000,000
—
"/
'
Oth£r
93,184,31d
Electric output
■■''•;■
income—
opcr.
Cash»
expenses,
Pioneer Service & Engineering
for
■!';'
'
:
ASSETS—'"
,
1945
•
$1,500,765
>,
▼
retirements—2—'■
outstanding
profit
1948
4
180.000
$5",603*712: in '1948.
Grass
0» S
——*i*_—!t*^^*'*l^
Net
w
income
-
'
1
*
$14,566,115
•----^"*■3:821.440
Income deductions __**_*—
V
-
income
•
•
/
jV
-
.
'
1947
212,106.252 132,304,216
—
& general
contingencies—
depletion,
deprec),
—V. 166, p. 350.;'
>
$
?
*
"
,
pr/Vf'
Net
Net
railway—
from
Net
1946
and
costs
Shares
,
.
366,194
income-—
ope)',
ry.
1947
for
>.
V $1,511,763
railway!
railway™.
,
—-
Provision Jor
:
Pennsylvania Reading Seashore Lines—Earnings—
-Gross
CONSOLIDATED BALANCE SHE'ET, JUNE 30
^
-
...,
interest—139,577)152'
for
2
and lounge and other feature cars; 273 coaches,
feature cars being completely modernized; 4,400 new
and 8,149 others * undergoing extensive heavy repairs
cars,
income
taxes. &
Reserves
parlor, dining and
1-freight
■
.
Provision
and single diners,
overnight
*
•
1948^'
June 30—
•Cost of-products sold, oper.
,
diesel electric locomotives;
cars,
1
,
•
new
all-room" sleeping
6' Months Ended
t
and
made
was
:
equip¬
new
constitutes, iie said,
kind ever undertaken
any
,
566
are
now
of
history.
program
for
program
has. been
project of
railroad's
the
postwar
Monday,,; September 6, 1943
CHRONICLE
FINANCIAL
Phillips Petroleum €0, (■& Subs.)—Earnings—
*
•
company's
improvement
-
now
W.
M.
largest
in
'
and
by
26
this
that
Announcement
ment
COMMERCIAL &
THE
$10,744.6^5
.
I
Volume'J168
company
vThtj
timp
to
Jwifi
Number: 4731
THE
Permission 'to Borrow $50,000,000
;f Seeks
-Aug*. ,27 .asked
on
>
on
l\flfAvc
.nr
'i,
i1
/«>.(• f .»(,
"V
,
.Ccn!
ic
SEC
ir\An
of-thq company, exclusive
price-not-less
permission -to {borrow from
J*
it
J
'
-
COMMERCIAL &
-
than
of
FINANCIAL
CHRONICLE
members.,of its board of directors,'at
$30,per share
nor
less
the .market
than
price
(949)
a
,St. .Louis Brownsville
r
,
of
_
July— •
Gross from
-.■
"
Wet
1950.
Such
the public.
Sept
15,
resale ito
notes
The
not
are
to
be
commercial
acquired
banks
by
said
thp shares
'lor
banks
bv .whom .thp
in
instalmentsduring the ensuing
^Tne directorsauthorizedthe
innn«
ten
.outstanding
3(Ucents
*2,000,000
.
;
_
v
7,000,000
5,000,000
■
Central Hanover Bank and Trust Company New York
Chemical Bank and Trust Company, New ,York_
•
Manufa<?turerS Trust .Company, New'.York.!.
;.
p„._„OT,t
tn.
-Pursuant
xK.
,
/to, the
.
.
,
f
.
the
m'f«;•'?
f
-
the
at
rate
wm
of
Vs
balance 'uhder 'the
ICC
.v.
.,
,
Aug.
on
dividends
accrued
respective banks' a stand-by charge
anriuni on the average dailv unused"
per
"
\ 5,163,538
income
oper,
The
provision .for
/eUl'ements (after
depletion
and
depreciation
»ccruecl interest, $41,144;
in
in
the
,+-
f
V-,raise,
proposal
ine.-,money
Wiia-y.uiooe
ar
•
1
'btis
-
to sell
ferribs
21
s^te
"due
•
itieajLA;>;^.•-?"^hK.v.•
Net
ry.
with
— V-
'166, ;p.';v1895.}V
"
v
>
!---'I-
»
unsettled
prfferred
"►Net
$46,474;
"
*..i
■
...
,
•••
^
w..
„
"Vy
-i
'
...
•
-
-
conditions
in
the
moving picture
fvoln
f
C" '*
*
'
t
'
'
J J*
t «
168,;p.550
*
"* *
-
' '< '-•!-J.
" i "
stock
payment:of 25
on' July ^1948
•-'made
was
oftpr-f.
..
fnrthet-
industry
that
State,
-".all
-
per
available
cash
''
Profit
from
-
July 3;'48 •''June 237*4:7"
opers._
$835,270
the* sale
on
* V
'
1 "J
A
t
1946
1945
,$9,913,351
3,074,07 \
57,989,022' 51,929,370
807,484
11,294,343
3,764,607
68,205,517
21:989,521
5,362,307
603406
10,267,995
„
^
Total
I
2,266
"I
1
,
I
-
'
1 -
-1,$03,244 ;--
1 1
"l'1'1 li'Hi
.'feSS-t.1"
-
"
*
I
I
.ifi
,
I
,
,
^837,536
.
:
.$4,300,664
"
.1,364,000
281,000
.
$3,201,863
$8^67,^47
* •
• -;7(1,300,000
'
:
2^960|pOo
-
.
$1,093,264
'43,281
$981,557
$8,378,523
"V 240,458
-$1,095,068
1946.
1945
r
m094,930i!$8v532,683'^^9V562^98
.'railway-^2^410^568.^•'l,696\O52^r
\Net ry.
oper.-income^-
4,201,096
4,201,096
Frcm Jan. 1—
v850$76
850,076
>i^07^534;;
!
7
1
/
,
*
»„
y
6
-6
-
Montjis Ended June ^3p7->
Months
June 30—
dSaleS, ^excl: State'&
^
il;M7.63n
4,197,630
*
-
1948
.;
>
1
n
$60,016,132
Regal Shoe
,
•
$5t067,231
Net income
.Working
■-
( kThp
NonAoperatirig'. income
capital!!
,
income
$9,373;
for
the
ibo'955
2
<
statement
provision
for
Federal
taxes
income,
on.
$87,198;
•
i
.
$12,213,422
"
263,500
-
-
taxe.,.
588,654
17,397
;
•
v
45CH000
'
..
3,500,000
...
.1
Funds
-
for
preferred $tock
(see
contra)—
and; miscell.
:
.i"
r
-
.
thvidend
Capital
Earned
"
nrkAtr
r
1947
** *•
4 a J
ifvom
168/
.—V.
•
1946 !
;.fv.
1945
$2,223,930
.
*:
,214*
498,237
%
•
Trust
-1,039)173
.
•
55,375
*3,802"
*65,623
/ailwav
from
2,004,133
•
•
214
498,237r
•1
1,536$15
11,
Of
p. 488.
1.4,503,441
15,-724,86T '20„659,773C368498 * • 4,988,56.0 : 9,682)066
.1,699,384 .1,809,938 - :1,899;461
.....
'
»
-
Months Eria'ed Junc30—
Net
income
Earnings
*
*
550.
—»Vl
be
'
per
.84)066
.,
-i
100,000
sbld
_
T,-u- !r
products sold.
administrative and general
.
w
June 26/48 jjune 28,'IT
-jf929,010
$35,452,937 $29,096,275
.27,018,583
731,307
22,3.18,61/
•'
673,820
,
2,074,365
1,575,149
2,751,384
1,133,706-
2,325437
868,510
$1,633,092
$l,224 23lr
011
exps
carnipg3„_v—
on
preferred-sharOs
"
"
$1.87
ASSETS
CURRENT
AND
$1.40
LIABILITIES
-
,
.
*
»
——
June 26,148 June-28,'4?
$19,022,878 $16,305,541
,7,757,p95
——————
'
for
5,253,870
.
"
,
Seaboard Air iine iRR.^Equip. Trusts Authorized-^.
I
„Th6 ICC 7r. Aug. ?5 authorized the compcny to, as,pume : obligation
apd liability; jn respect of noi. exceeding $4,200,000 of equipment tyu>t
certificates, series D, to be issued by the Guaranty Trust Co., -New
Yprk, ,fls trustee,* .fipd sold At."99.55 and divs. in connection with tho
procurement of >ceitain .equipment.—'V. 108, p. 749.
"
2,289,000
2,7-18,000
(J:
of shares
share .(average number
MM
—
Seminole *Oii & *Gas .Corp.
$1.27!
Six Months Ended June 30—
167, p. 1850
m:-
•;*
^
-Earnings1948
»-
Net "from
development pf .air-
Net
oner
rv
•" Y^-
,
'Republic Natural Gas Go. «(JleL)—Annual Report—
"
:
"J, .;cqneolidated ;Income;acpqunt
;
years:Endcd>june 30-.1248: -S 1.1947_
*
>1946
^
y
Revenues from natural gas sales
; $^093,966 >43,192,241>j$2;553,813
railway
$85,175
Land .and
f
V>" 689
1,456
6,584
8,162
$59,445
$44,670
11.634
*13,466
$4,698
2,$40,037
3t008,079
#
3,264,772-*134,247
*505,159
3,503,252
! "• 324,300
*7,659
-
railway!!2!1:!
oper. - InoomeL—
'
Net
i: 157.531
;Reserve
;
for
-
from
operations
15,734
3,219
*3;385'
.11,512
10,800
and depletion—_
depreciation
^Reserve^^r.-'^propettyi'^ax^^
*46,853
•
gain
.;Gross' production" taxes!!^
.
^J),U9
270,847
development:
$5,434*
24,949
*31(926
lease
$82,956
12)954*
6,823
■Interest .(expense: >!i
.
frortr
Net ry.
1945
$488,547
!
10,999
-82,334
-
••
railway—--
Gross-from
Net
4tm«ue
- • -
1946
$430,506
,.1947
'$477(110!
$593,027
93,357
:
>1947
Total, revenue
Adnrln. i& general expenses——
OH production expense—'-
t
*1948
-
*'
•
1
$35,352>937.$?8jl67^6J■
r
$34,799,000 $28,857i000y:
.4,682,000 ' 3,.868)000:
>
—
-July^k'
•
io ihe offerod :at $7.25: per*" !Grbs)i ^frOm railWay_:i:.v
used
•*
t:
•.
_
r- Six Months Ended—
^Current ^assets!.Current iiabilities^-y
—V. ,168; p. 352. '
,
Rutland ^.-^Farnii^s--s:
Qra.haurBuchm.an:;EyraQUse, N.i Y., .'twill
will
*
,*315,853
». w-
1946
CURRENT
*
' ">
1947
.1948'
"«<u'ii;«biTH((nffl f'v —jr.!—ilV.2222^1
r t.outstanding )
,
' Proceeds
1,611,777
.67,780
,
*338,909
■
Net-earnings applicable to common shares.
Earnings -per common -share—^
156.;
p.
JEarrtings—-
|
.
664,869
.
agents.
*43,105
.1,755;569
i35;South fBroaid Street, 'Philadelphia,:."Pa.—V. (168,
Co.,
Six
Remington Corp., Cortland, N. Y.—Files With SEC^ The company on ^Ugr;'31!filed a tletter ofvnptiflqatlon j-with-the^SEC
for
selling
12,533
-
1.788,092
.4,699
,;,446,629
stock.—y. 16.8, p. 746.
pl'OdUctr,
Dividends
0
15,884,425
Net. {satej5!-!U.u;!!u!
Profit before taxes
1,481:371!
732,404
—
as
$234,482
^•1309
1,845,218
*442,542
JSooit Paper^Co.—Earnings—
Net
716,555
railway--!—: ". 4;347i239''
;
$
^ :
Jtack,weU MaiVUtacthring Co
276,606*
.13,861
-
.conditioning units^Atc/'y!-''-"-^-"^*^-*v
1945
65,944
-
act
,<
»
-■■■
-
VI
.5,620 shares pf pomrnpn ,$tock '(■par$5t t
§harf:. ' JEastmau^^ &v^o.
^
"
$309,374
$2,605,896
$06,371
1334,934
Richmond Water Works CQrp,.—;CaUs Preferred, Stock
i
$4,468,270- ,$3,760,992;
♦Credft from earned surplus'(-13,861 shares at •$!.).—^V.
168, p.
wu
r*1-
1946
$313,168
■■i
:!l)istribiition,
Prov..
$91" taxos^<jn ,Income
of "the :outstanding shares of 6cumulative Tpreferred; stock'
tti-jR nnn
' have been ' called for redemption ,on ,Oct. 1, next, at $105 per .share:
fiMRqa-' "knd dividends.!-Payment will be .made! at ..the Fidelity ^Philadelphia;
'247,"962
-
:
surplus
surplus
Total
Net
$jet ryoperMhcome___
S3W92
:.533,345
5,430
.
**Stock
50;999
•
$900,000
,
1
$1)_L
"
.
1
Income!
ry. oper;
Cost
All
Accrued dividend on common stock_
1Reserve for Ped- income and
excess-prof, taxes.
Pfd.'stock And accrued dividend (see -contra ) r_
(par
-37,602
$4,468,270
Notes'T-P^ble,ir
stock
214'
.
froiri railway——
.Gross
'
548(914?
-
Account^ jpayableapdacc,ruedtJiabillties__:
Capital
$4,661,^42
1
;;
'
LlAEIhlTIES-y
2(821,933
214
def'd .charges^.
;
Total
•
1947
547438."
216^)62
-582,759
(less ireseryCs!——u—-»
Prepaid insurance
Goodwill
\ 1
■
;ii,201
Qep re.c ia tion
Freight paid
:
-Earnings$2,038,937
inventory .!'!!!—4 3,418,266
accounts-
1,693,749.
■■
$5,701,324
8,789
iy,
Merchandise
n
1948
$279,530
Sept.
'
-^13,000
^
■' h ;)jt
,V
Total V—-
•*"
-•***
•
.2,300,000
-$2.12
June 30
.
'(■'*
•
,
$5,435,807 V
• v$1.36 «•
"
*
;—L.—$407,637:
vNotes receivable!
AccountSAreceivable :(less reserve!
-;i
'"
" "
$590,757
Si$ Months Ended—. *
'
;Net -sales!_!_:—II—:!—»!!-:-!—-—
•Insurance -for^loss- of -use of rmaohine damaged
:
36p574
100,000
,r
$8,489,525
'
*'
"
$7,293,727a'} ,»;-J.- ;,v.f; •Jiu'.iviv!,?
'
•
rained per.cpmmon 9naLe___
•-
'
"
"""•.'V-i.-i'
$12,47^922 '* $7,882,381
Ea?fed neTcon^onlhkw-"
income,
t'«; V
Cp^ARATIYE BALANCE^{lEETT.,
A8SBTS-
ft'
f" r*
.
:: 192,998
•$6,355,191
Tim.Guaranty Trustqf New York has been appointed co-registrar
■
'
'
1!
$743,361
railway-
for the commpn
(j»et.»!_.
^U-n^dVov.
30*
f'
,i
:■<
-,
,
^Deficit.-^y. ;168, p.
v2;928,198
1,185,734
\
1,778,100
on advancfes and bank loans---———
Prov. for possible loss on investm*ts & advances
filfi1
1 864
.nd™
6
net
$'1.421271 ^Tv,'«-1 •• -•
Plant
"!
123,186
$6,880,594
m906:7fr,179,270
.15.7,??o
-
!
,$795,663
6,566,472
'
.3,365,469
Interest
170342'
vNeV.&aJeA $5,067,231; cost qf sales, ,$3,386,435; selling, admlfostratiy6: ;and-.::genefal y expenses, $1,433,716;: operating
';':profit/;;$237i080;
sundry credits,'$l,762?'A$ros^' income/*
$238;842:'Reductions,
■■Cash
$900,581
-
1,426,371
: ;
$6,757,408 : $6,162,193
23,450,579
7,723,697
^Tolal. income
$5,071^64
142,270
3
follows: &'-:t;:!!!:^>■•••'■ n ""i
*
U—
*
1,861,573
i. -i i ,j,»^,
$782,041
*'16,207 '^k:" 13,622
$884,374
Net ry. opei. income-.
Months Ended- JUne 30—1
Sales
.
ipepme
300,397
:
62,411
re
Profit
Gross
-
I
Incomeincome" fL-__
,$7,288,667
$8,618^981->$7,589,06$
223,027
.
from, railway——
orotc
.
$41,424,710
34,935344 i
from
;:y;v
v
1947
•
;
irailway——15,458.-642"'*•15,534,-445 - -7,993,051 !l«,749662
Sellln8. admin, and general .expenses.
^hCOm'e!^^.^7,666,54i ^«7,194.812^ ' 3,080,852 k^^8'278 193A '* iI>epr<jete,ti®n -a«d 'depletio-nyiiui-ti-J,^
,r-rY.'-16fc','-p,>889.
k
'*! •
3 #,
•* I;.:#--' v:f.<v--j;jDry hole >losses >and abandonments.-
^
-
- -
,
V
43,511
I,' rail "
I
I
ry.-,pper.
J.»ly— '
fvom
"
'M
Net";:ry. m>e*r!
'
!
.fed. igasplfoe^nji foll taxes $59,034^86 $41,424^10 !
Total
♦
>
613,301
l,0.76,60:f
•From Jan. 1—
~
Net
w./
•,
-•
'
Net
^2$6l)640{'r !Pl'her^5bptet^tii%°!re'^nue^-iL!_-7^f!—-—7^^^^^-;
755,452
-
2,751,947
,,
5an Antonio Uvalde & Gplf RR.-^Earninjgs—
,
Richfield-Oil Corp.—4Earnings1947
'
f
1
oper.
income
income-
........
Gross
Reading .Co.
•
oper.
C
Net
"
ry.
<"•,$!
a., director^ -has. been /appointed
Mann, a steel - expert; 'Joined
Charge ypf maaufacturiug.—V. 168,
,
1343
•
631,394
4,159,201
! ,'830,326
and
V^Basedu-
July—
99,849
288,954
'*
^Ca^i'e.V^fee-President
1
1
,s 160,286
Now President, Etc,—
{Reynolds Metals Co.
'
•
Deduc.t:ns.U'om gross foe:$
R.l.SJ: ;Reyn61ds, Jr., Treasurer, Hhas ^eh "elected '-President, she- v>r
er,
-Net "income
s,,;Sr.,v who .remains as Chairman of. the* board.
- coeding. R. ,3
-V. ,168/p..650.
^
-tCalvin Cogill, -Assistant Treasurer, becomes Treasurer
i
1,605,853
j *
<1 I
I
*E3arns
'
taxes.
573t123
Gross
Net
!• '■
■
$1,510,656 $13,999,444 $11,730,517
90,309
:V;,. 122,027
Net
-
,
$1,878,723
-city
■-&
income
Non-bper.
- 4,637 'I
I'I
-
-1947
,$4,337,400 $36,252,360 $30,405,06^
2,846,744
22,252,916
18,675,147
....
profit;
,v! Prov.i for est. int. taxes
v
,
.
1948—7 Mos,
$5,162,703
3,233,282
.
If.Capital assets
T
'.-1
Total ry. oper. Incopie
$1,136,545
Deduct'hs from ry. oper. *'' 7; \
income■ 252,171
July 3,,,48•
-
:-•/
19.48—Month—1947
..
1,416,793
ri..,
..
-,
A
its seiries B
on
.
-
1,691,625
-1,300435
■ v.-i
Railway
vV* A VUV
"*
corporatipmoh.Oct.'1 .Wlirmake(a,payment of VU
and
certain
$8,140,106
v..
Other Federal taxes.__«
$3-197,226^'$6,461:494
$2,597,420
of
of
1947
'railway-l.™ .111257,656
county
faxes,
Federal
above
'
Profit
procurement
through¬
share on the V
fvy>^•7'•> ^ *>' •■'.•-v
cents
CI
^
:7
This
Radio-Keith-0rphei,m corp. (&
5ubs.).—Earnings—
'
$1,5810,001)
99-162-
at
:;St. J^quis Southwestern Ry.—Earnings-^
Other
Seet Long .tsland" Lighting' Co. above.-4v,
obligation
assume
sold
1,752,606
l^ailway....-. 64,008,665
Net rev. from ry..oper..
uiegular^quarterly
fl'lrfikrfv-i iri
•
-
.
be
$8,624,642
oper. income—-.,5,692,905
—V. -168", p. 889.
■,
:■
-
operational reqiuremelits wiir-be used to -further f veduce the 'company's ?;
wili p
bqnki lopns.y / He. added tha£ in arMit.ipn to many other economies-'
'
:n,.
i'
»
,
St*.
the
oper.,income.1,134,093
from
v
stated
^
to
not -exceeding
to
1948
rFrom Jan. 1—
Gross
income, estimated,
inrnm* osnmotprf $266,000;
nnn-
world."
v The last
►
y*&.'■■■■
.rvTheiSttate.jPlans
to
out .the
of'
"^ays. jh,-which. to
of
AA,
2,119,052
raihvay___>
railway.--^--
from
:.
a
1,587,048
$9,566,?03
.
from
Net
inannouncing that - it - is-v defexripg jthe:^25tCent T+ Period End; JUly 31—
.'dividepti usually ..declared ,jit! .this .time on -,the ,$1 cuipulaRailway oper. revenues.
tive-.co:
tive-;.convertible preferred stock, on Aug- 27 stated that this action-was
Railway -oper. -expenses.
cprporatipp,
ate
5,763,151
"977,303
company
respect
series
connection
cuarterfy
"
-2(924,336
,
,
Gross
accrued property and genefaljgxes, $110,959;
provisionrfor Federal and State taxes on
Provision. • for Federal - and. state
r.n
litigation .expenses -and ..contingencies,
stockholder & onAug. 4lapproved
106,610
12,080,045
1,522,625
Net ry,
-
65,879
9,807,788
$.274,711
3,055,264 !
...
S>7-authorized
/v.>-July—. i .":y
■
.The
299,200
equipment.—W.
„
f%
' 175,428
10,691,700
$1,141,725
133,617
168, p. 650.
' : '
S?'9M5.5741, $20 936,1,66; cash in bunks and on hand, $.68(1,090; 'nqte J
receivable,- $1.4,585;"Recounts receivable (trade), $921,614;-..ehiployees'-..rt
hptes and,accounts receivable, $6,814; oil tn Storage (at posted .prices),
-,M» LouiS-§an Francisco Ry.—Earnings—
$*82,897; prepe.id "insurance^ tqxe! and. $62,897; prepaid Insurance!i'taxes
—— ■-'*
^
expenses, $56,968;-sundry de0
'
per
pay
of
' 452,984
13,806,0?2
-
guarantor,
5000 Q00
,
agreement." FM*
"
certificates,
•Qf* tbe bank
thereafter at ^he.'fate pf
ry.
313,277
U~k
1945
1946
$1,321,829 :*$1,087,870
646,514
>•■£•
>
^
agreement,:! the -notes
per ahhUm ~to. Septo 15, .1949 v.'1949
annum, such-interest't
i_. .•
Per ^hhum, .such "interest'to'be
PP^i.ts, S3,.969; general office leasehold improvement^ $9,528; production
£ty J
w»thereafter.! ,-PEG > taxes paid under protect, $47,674; total, $22,760,305.
/
v
:hgs
i^ht ^tp.
pi In "part. :at vany time-prior ito ; " ' T tjd.it
-L'
•
;
•
\
'
;
K •
>.maturity thereof, without premium,•>the
,loans made under the .credit "
-.Ll&EHWma-nBank loaps, v$7jOOO„O.Q.O; ..accounts payable, $912,709;
-
'$£3
i, vand
Net
••>
,CO^S.QMI)ATEP J3ALANCE, SHEET AS,,AT ..JUNE 30, 4948
;;
2,000,000
v
•
f
26,'
during
income
oper.
Gross froip railway.
Netw jrom 4*ailw.ay_—
v
$1,781,138
-Earnings—'
1947
.6,000,000
Fidelity-Union Trust Company, 'Newark, New Jer^y
J. P. Morgan &:Co.,;-Inc.V;New York....
Guaranty.: Trust .Company of. New.-York
""""""
:.The .National - City :Bank ,of New York...
I
~
■\
April
on
shareholders
fy.
& Mexico Ry.
1948-
—
From Jan. 1—
the
prior-to
share
per
from
*"Net
years.
payment of a cash dividend of 80 cents
.'v!>.:
.
railway..!!
'railway!,,
.
900
,
,4...
v;,
Revenues :;f 10m pil>prqductfOU.-v
»Vtner
V#»v®niix»o >
6,428,673
i.-.V. V.
revenues
Total,
Prov.
for
depletion .and
Froy,: for jTod,
Net
•
deprcc.——
state foe.
\i^as,5(1
rUOA
-Slock
-stock
cnarter
.4,052,60.8!: .: 2,743,419
1.323.630
1,194,537
V '140,$62 118,087
>
,
974,991-
::.,$6,144
$1,7.7^,404
$240
$1.23
Ivy,,
che shares outstanding subsequent^tft.tha-.distrlbutiftn of
in .CVtnhPV
-accordance
approved
,7, ■■idi7;7vr
1947, the
1
1047
In-October, 1947.
-
by.. the
with
the
*
—
-torms
stockholders
-
ofr
an
afc -their
authorized'Capital stock ol $2
par
■..
amendment
:
,
stock
to
annual -meeting
ihd
oil
——
—ibimg .wi
value ,was increased
,
-atock was 'transferred from capital- isurpius to" the
ncqount. -Under the ..terms jqX "the amendment, 50,000 of
shares authorized were reserved for sale to employees
additional
c
•
s
,
-
:
530.
,
;
(1,
-
.
.
•
-
Net-
,
.
.
J^v_
July-
: f
/
>
V
-
Net
ry.
'
$177,663.
$157,919
>>•»
*26(604
*49,723
: $29,939
$44,360
for period.
'•
'
1,018,016'..
*146,861:
*326,239.
*344,909?
oper.>income_
1948
ASSETS—Cash
$13,402; 'other
•A,.;
'
'.BALANCE SHEET, JUNE 30,
in'banks, $2,712; cash (demand deposits) $9,630;
(oil"properties), $13,802; -accounts receivable (oil runs).
-accounts receivable, $11,239; oil
field materials 5anu
supplies^ $3,905; developed oil lands (Texas), $654,317; developed o»i
lands (Oklahoma), $314,450; undeveloped oil lands X-Oklahoma), $94,379; undeveloped 0(1 lands (Tennessee), $1,712;-office furniture ami
equipment, $1,654;'automotive .equipment, $1,825; prepaid taxes and
advance
deposits, $1,365; prepaid interest,-insurance and expenses,
$10 950;
unamortized stock discounts and
expenses,
$44,435; total,
$1,179,778.
M J
[
•*
•
— "
' /\
4,791,
*23,608
v
1,136,796
*.169,896
"
".Investments
1
^From^Jau.l— "•.
tGross .irom ,railway—
Nef fro 111; railway-
'•'•'•
! .1947
1948 !
-19
•
;
*
.
>Ne£ 'fP-
gain
v
_^-Sacramento Northern Ry.—-Earnings—
*Deficit^x7l6^^P.
v
,
a
•
•
tne
♦■
..
^!
'
■
•
725,452 shares to 1,700,904
shares.
On Oct 25, 1947, a 100'4
rook
dividend .involving-725.273
V^viuena .involving ,725,273 shares was paid to ^stockholders of
shares was
record Oct.
15, iS47!-The sum of $1,-450,546 representing the par value
'^qvA
dividend
capital
-
,
.,2,109,628
$3,040,034
$3,947,002
,
ross
30,000
"
_
**peficit*,-^V^•168,
.$4,980,167./^ Gross , irom railway.
Net from, 1
taxes'!266,000 '!i!>160,000
share_!r!r!;:!£^2^>|!:!^ $2.72
(livideru-l
dividend
v:«NOTE—--Ih
Oct
vucx.
:
ipcorne
Earnings ;per
,114,91(4,
;$9,735,102 * $7,256) 127'
Exppnscs-
2,359,835
,
63,519
;3,951,972
-312*463
.
revenues
•>5^we?t>afoli!debt'ixpenseL—
,
,
§t.: j^jpeifice,
W
"
the National, Association or
the Nu.tioj
t
announced :on Aug. 25: ;
All "when distributed" contracts in the first cumulative convertible
.redeemable;♦preferred -shares, $49-spar (Value, and , the second <cumula-.
live, redeemable
preferred shares, $1 par ..value, shall be settled on
Aug. 30-1948.*
f1"" »".*
i
?
t
"
' **
*
:
The
Practice, Committee
Practice, Committee,
Uniform
- sfecutitids 'Dealers,
.
..
Inc., iDistrict No.
of
of
*
,
13,
.
•
All contracts 011
otherwise
and
specified.—V.
after Aug. 26,
168,
p.
1948, shall be regular •JV.ay
unless
payable,
$23,698; notes payable
(trade),
and interest, $4,746; royalties payable,
$648;." long-term indebtedness, ^$173,899; purchase money , obligations
(payable from ,oil as produced), $40,735; reserve for depreciation (to
Jan. 4
1948), $20,140; reserve for depletion (to Jan. 1„ 1948), $17,604;
reserve :for >depreciatiQhv,and
depletion - (Jan.-June, 1948, .estimated),
StOCK
$10,800; reserve for property taxes .(estimated), $900; preferred er""^
and
oul(issued -and .outstanding 1, $150,000; common sfock (issued
loss .(neb
and
standing), $420,000; capital, surplus, $252,480; profit
T
LIABILITIES—Accounts
$19 770"'accrued
gain),
630.
•>"»
—e
r -k.
$44,360;
taxes,
wages
total, $1,179,778.—V.
167, p. 4156.
14
.
-
THE COMMERCIAL
(950)
operating
$280,904
$3,739,647
1,806,048
1,442,791
23,784
303,964
12,282
196,651
—;
Maintenance
•Operating
289,895
Retirement res. accruals
taxes—
20,400
16,002
27,931
23,700
Utility oper. income—
$62,947
$59,964
loss)
132
93
—i
$62,816
$59,865
9,841
amortization
and
27,617
General
taxes
Federal
income
Other
income
(riet
$753,657
2.U4
6.336
$806,514
134,673
$759,994
105,288
'
income
12,2o0
Income deductions.,
Net
income
$50,025
210,000
other
$1.96
income
from
$4,674,674
3,622,421
U-
$1,181,817
—
270,869
$1,423,514
242,362
$1,336,978
148,206
$1,181,152
148,206
$1,188,773
-
accrued
Balance"
—:
Earnings per
preferred stock——
on
—V. 168, pp, 488,
—:
—
share
common
-
(356,814 snares)
$2.89
—
Authorized
Common stock
2,653,186
income.;—
oper.
ry.
From Jan.
from
ry.
16,381,350
income—.
oper.
g
749.
$
$
'
Equipment Issue Under Consideration—
Shelly Oil Co. (& Subs.)—Earnings—
Period End. June 30—
1348—3 Mos.—1947
;,
Costs*
than taxes on income
Deplpt. and deprec.—'—
Exploratory costs,
.•
27,855,453
2,748,619
delay
rentals and lease
ceUations
V.
168,
52,088,983
5,283,467
r■';
1,264,000
Operating revenues -L— ,' $1,232,23^
Oper. rev. deducts..:
767,193
•,;••
income
Gross
Interest
and
on*funded
charges
Net
income
——
common
'■<
100,9S1
1,576,300
; $9,438,533
981,342
;
$18.74
——-
dividends
$3,573,972
$3,216,159
—
$2.60
•
.
tomers
and
The
The Socony-Vacuum tugs are used principally in New York
Harbor,
Long Island Sound, the Hudson River and coastwise between Phila¬
delphia and New York.
Costing slightly in excess of $300,000, the new tug will be entirely
steel.
It was constructed by the
GUlfport Shipbuilding & Repair
Co. ;at Port Arthur, Texas, for delivery about
Sept. 3.
It will go
'
dealers
Thompson
$2,592,781
'■Svi
—v.
Holland
*
Two vessels in the Socony Vacuum tug fleet will be converted from
to diesel with 1,000-horsepower at the
shaft, compared with
6<Xbhorsepower steam engines with which the tugs are now equipped.'
steam
Edgar Stephen
road
since
Gross
f
i
The
Bankers; Trust Co., New York, N, Y., has been appointed copaymg
agent and
co-registrar for $25,000,000 first and refunding
mortgage bonds, 3# series B due 1973.—V. 168, p. 749,
from
railway-^.
Net from railway^—-—
Net ry. oper. income.
1947
$5,670,730
,18,965
42,374
Other
;
%
.
;
$6,748,765
84,160
debt.
$8,970,603
tl,445,033
$5,713,103
1.031,650
$6,832,925
interest, etc. (net).
Crl61,003
Crl43.366
57,686,573
$4,824,820
—
63,134
-
$184J)16
$140,640
41,037
11,037
37,657
52,620
i
fJ T*
amount
^
first
approximately $182,500 recorded during the
iJ
adjust estimated tax accruals recorded during the
h*} yea5*
tlncludes interest applicable only to the
l948,t0 Jur}e 3°. 1948. inclusive, on $15,000,000 pincipal
mortgage bonds, 3Va'c scries due 1978 sold during
May* 1548.—V. 167, p. 2299.
12,487
65,920
24,762
from railwayraiiway..
oper. income.-—V. 168, p. 551.
1,140,374
232,224
74,11C
~
1,114,779
277,869
92,277
838,863
140,171
71,321
.1,330,700
< 546,066;
166,424
-;
July—
Gross
.
1948
,
from
railway
Net from railway—.--Net ry. oper. income
1947
$2,131,325
590,224
299,857
1946
$1,782,634
148,399
* 130,825
$1,492,743
187,605
66,982
;"
1945
:
$2,540,161
,
834,221
569,994
Gross
from
railway
railway-—
ry, oper. income.—
14,078,311
from
Net
12,255,395
2,715,050
773,691
3,301,463
10,418,464
983,754
16,154,280
5,364,335
•Deficit.—V.
Period End. July 31—
Gross
revenue
Operating
Prov^
$797,863
•—
expenses
for
depreciation.
plant acquis.
adjustments
Amort,
taxes—
Federal
income
$9,646,524
323,378
4,772.258
64,929
expense
1,259,097
"95,089
2,277,830
Standard Oil Co. (Ind.)—Additional Debentures Placed
Privately—The company in July sold an additional $20,000,000 2% % sinking fund debentures, due Feb. 1, 1968,
to the Equitable Life Assurance Society of the United
States.
This brings to $40,000,000 the amount of 2%%
debentures outstanding.
^
,
Proceeds will be used for Construction.—V. 168, p. 750.
V
State Bond & Mortgage
With SEC—
Co., New Ulm, Minn.—-Files
..V/
'
■
The company on Aug. 30 filed a letter of notification with the
SEC
460 shares ($l0o par) common stock, to be offered at $125
per
Present stockholders will have right to purchase 46/54ths of
794,835
7,200
:
stock.—_
Balance
■
872.218T
872,219
$1,918,936
252,450
-
$2,067,236
21,037
21,037
252,450
14V
•Deficit.—V.
Crl,431
3,325
$160,053
34,358
$122,611
168, p. 749.
.
r
1,772
9,529
$1,655,184
34,358
$1,803,959
412,296
$88,253
$1,391,663
$1,242,888
'
.
V
income————
$37,383
5,104
800
2,950
192,992 '
Lamaque Gold Mines Ltd.—
60,132
$207,412
$99,668
4,807,144 i,; 4,807,144
$0.04
$0.02
1946
$332,256
$320,333
37.296
*19,054
71,097
26,147
Ry.—Earnings—
1»47
;
;
$283,234
•23,692
*59,015
-/J--'
■
;
2,381,423
214,464
*92,346
168, p. 552.
.
1945
-''.P-P.
2,316,143
473,263
2,010,313
231,137
*58,711
.
2 176,592
-
' i;
Texas Electric Service Co.
v
revenues
412,296
$1,755,343
—
Other
taxes
Prop, retir.
108,085
—
94,000
approp.
res.
-
1948—12 Mos.—1947
$1,452,649 $18,422,562 $15,652,772
.742,640
9,401,600
7,573,353
181,279
2,270,646
2,169,307
103,426
1 £75,617
7: 966,60078,000
1,048.000 rv : 968,509
822,928
£57,272
taxes
/Si
Earnings—
1943—Month—1947
July 31—
Federal
$342,304
V
826
$4,426,699
£2,680
" $3,975,006
$476,G65
$343,130
Net income aft, chgs,„
381,221
266,612
Preferred dividend requirements for the period—^V. 168, p. 788.
$4,449,379
3,613,459
575,678
$3,967,563
3,120,828
375,673
Net oper. revenues-Other income
income —
:
July—
Gross from
$473,064'
3,601
Net ry.
oper.
.
*
-
12,551
-Earnings—
'
1946
1945
$313,665
107,748
$361,970
186,719
102.454
162,535
124,310
$253,808
147,095
117,025
1.835,802
1,726,919
1,453,819
1,320,903
779,415
758,387
380,703
380,86b'
139,633
415,634
206,333.
1947 V.'.
1943
-
railway.
Net from railway—i-i-i
$420,724
242,156
income—.
'.-From Jan, 1—
from
railway
Net from railway.——
Net ry. oper, income—
—V.
168,
552.
p.
308,297
'
for
used
each
to
share
owned
at
the
date
increase capital funds.—V.
168,
of
p.
offering.
750.
July—
Gross
Staten Island Edison Corp.—To
of
notes will be used to
outstanding
notes.—V.
meet
168,
p.
maturity of
.
Gross
Net
from
from
Net ry.
—V.
railway
;
like amount of presently
Net
from
Net -ry.
:".1948'
.
from
railway—
$288,660
1947
1946
$317,319
*19,516
22,550
48,503
98,891
income—
*73,773
•34,361
*10,470
.Net
Net
from
ry.
railway—
•Deficit.—V.
income
368,
p.
2,141,551
96,863
*340,660
489.
1,883,776
.1,946,190
88,493
72,413
*317,676
*310,086:
/
.
59,288,837
74,693,765
20,425,041
6,462,397
11,616,956
7,729,771
30.546.35Z
8,316,6(57
V
-
.•
that this distribution would be
3,366,708
1,290,663
610,555
38,
made on
1948.—V. 168, P-
Texas Power & Light Co.—^Earnings—
Period End. July 31
$1,929,252
961.12^
961,123
—
249,830
taxes
92,334
res.
136,000
approp.
of
limited-term
investments
Net
Other
oper.
income
Mos.—1947
$1,715,828 $21,629,454
R^5 433
10.672,466
10,672,466
895,433
2,704,814
190,872
1,123,762
86,045
1,535,000
120,000
542
266
4.407
revenue-
$489,423
9,671
$423,212
518
$423,730
310.781
$5,585,014
/
9,363,16®
2,228,172
930,426
1,570,00ft
;'i
3,439
$5,528,015
(net)—
Gross income
,
—,
$499,094
Net
income aft. ehgs._
355,357
Pref. stk. div. requirements for the
period——
—V.
1348—12
1948—Month—1947
revenues J—
expenses
Federal taxes
-U-—
-
railway
oper.
,
directors had declared
Operating
Operating
56,654
from
1,178,281
64,442:766
,
The
1945
From Jan. 1—
Gross
•
8,-1948.
$432,556
railway.—
oper.
.
Amort,
1
4,047,5^8
Distribution
Other
$293,313
1,796,665
1,240,866 j;
Texas Pacific Coal & Oil Co.—Ruling on
The New York Stock Exchange on Aug. 31 directed that the capita'
stock of this company on Sept.
3, 1948 shall be ex the distribution or
one additional share of
capital stock, of $10 par value, to holders 01
each share
held; and that all due-bills must be redeemed on sepu
r
750.
Staten Island Rapid Transit Ry.—Earnings—
July—
73,726,396
19,764,434
8,227,679
income—
168, p. 552.
1946
1945
$3,834,148 $10,424, <25
v.;./';-'*
railway—-
oper.
$9,439,392
.2,865,694
1,142,971
Sept. 3, 1948 to stockholders of record Aug.
Sell Notes—
a
1947
from
.From Jan. 1—
Proceeds
corporation has asked the SEC to allow the sale of $1,750,000
2%, 6-month notes to three commercial banks.
Proceeds of the
new
1943
from.
railway—-- $10,424,892
railway——
2,471,934
Net ry. oper. income
;
902,719
Net
The
Gross
1,772
9,053
322,591
3,929
investments
on
26,395
$359,974
$11,291
>
operations——
general;
.
Prop, retir.
$147,122
produced_^w__———
including provincial royalty—
i;
1948
railway
$372,776
Net from railway
V
42.117
Net ry. oper. income—
5,920
From Jan. 1—
Vv-"
Gross from railway-;
2,737,722
Net from railway401,265
Net ry, oper. income—1
*811
-■
1,000,049
$179,810
$125,698
will be
797,879
1,053,576
share
one
797,878
142,969 f
147
—
share.
$8,546,511
3,997,160
746,087
(
—
deductions
Net income
IBvs
cn
pfdi
7,200
172,884
—
WV.
371,015
66,956
iaxes—j
Gross income
Int. on long-term debtAmort. of debt discount
Other
$685,599
bullion
taxes
1947
1948
23,960
$341,854
* 330,563
.
Texas & New Orleans RR.- —Earnings—
1948—12 Mos.—1947
of
Geneial
ami
Co.—Earnings—
1948—Month—1947
.
i———
168, p. 551.
for
Electric
April 30—
from
Gross
From Jan. 1—
Co.—Weekly Output—
°,f ^Is company for the week ended Aug. 28, 1948,
3,432,000 kwh„ as compared with 2,538.000 kwh. for (he
corresponding week last year, an increase of 35.2'U.—V.
168, p. 889
totaled
Southern Indiana Gas &
$1.33
' pv
Texas Mexican Ry.-
Spokane Portland & Seattle Ry.—^Earnings—
h
Southern Colorado Power
$1.90
167, p. 947. -y
Gross
from
1,050,220
01
AV
$0.63
Operat ing expenses 1—
1945
1946
$172,372
ry.
$5,799,635
income
$0.84
July—
Crl6,930
Net
of
from
Operating
^
1947
t
J204.79C
Gross
Net
Total income
Interest on funded
value
Gross
1946
Chfos® operating revenue_^_—___ $68,487,955 $56,083,964
$49,689,053
Oposating Expenses
!—
38,804,872
32,378,600
24,709,602
Maintenance and repairs—.
4.403,130
3,156,125
2,633,085
Taxes (incl. Fed. taxes on income)
10,127,831
9,025,691
9,748,035
Provision fcr retirements-—
6,200,484
5,852,818
5,849,566
$8,951,638
-
From Jan. 1—
Net
Earnings—
1948
■"'-j
Net
1945
Aug. 26*
on
EARNINGS FOR.,JULY AND FIRST SEVEN MONTHS
352.
California Edison Co.—Co-Registrar—
15 Months Ended June 30—
199,192
1,005,550
—-t—
,
Period End.
McPherson, President and General Manager of this
1941, died
July—
1
its
Spokane International RR.—President Dies—
Southern California Gas Co.
197,812
1,003,550
.
arrival in New York.
Net operating revenue
Other iricome (net)
'
the world
will handle advertising
$1,538,977
99,596
•;
Tennessee Central
Machine Co., manu¬
throughout
company
1,040,630
-
1,006,550
Net profit——'
Capital shares outstanding
Earnings per share———_
$2.10
for the Machine,
divisions,
the New
Holland Manufacturing
Co.,
Mountville, Pa., maker of double-impeller breakers and other heavy
quarry /machinery;
and the New Holland Metals Co., fabricator of
aluminum■ products.—V. 167, p. 2693..
,p,V' v!'^'
and
company
°f
.Southern
1.207,230
$2,111,302
98,853
Dividends from
^
168, p. 489.
George C. Delp, President of the New
Jess tthan 900 horsepower.
milled
Provision for
'
p.
•
1,006,550
shares
———'
Income
facturers of farm and industrial machinery and a subsidiary of the.
A
net
effect; of the program,
according to Frederic R. Pratt, i-"Sperry Corp., on Aug. 31 announced the appointment of, J. WalterManager of the company's Marine Transportation Department, will
Thompson Co., New York, as its advertising and marketing counsel
be an increase in the fleet's total
in furtherance of a long-range program of better service to its cus¬
horsepower, with no vessel having i
168,
$733,635
pfd.
cum;
Profit from mining
<
253,000
Sperry Corp.—Unit Appoints Advertising Counsel-—
This 'company on Aug. 25 announced a program for modernizing and
rehabilitating its tugboat fleet, including acquisition of a new vessel.
The ,conversion will be started about Jan. 1.—V.
505,660
$943,565
168, p. 551,
Gross
$2,845,781
;
2,579,607
Teck-Hughes Gold Mines, Ltd.—Earnings—
283,507
stock-
$3,216,159
—V.
Socony-Va*uum Oil Co., Inc.—To Modernize and Re¬
habilitate Its Tugboat Fleet—
into service upon
3,318,532
common
4 Months Ended
$3,129,289
357,813
—
Adj. bal. applic. to 1,237,354 shares com. stk.
Earnings per share of common stock on basis
of adjusted balance
$7.76
'
'
4
1,239,315
1,532,945
,
—
$4
on
Tons
$4,627,533
1,498,249
$5,643,443
2,069,470
$364,537
cumul. preferred
on
——
SK
—
>
584,380
income
of'
—V.
981,349
$4.73
YPP.P
■■
on
outstanding
Earnings per share—
$4,614,031
13,507
38,770
Balance applic. to 1,237,354 shares com. stk._
Adjust, for net aiut. of certain non-recur items
$7,621,151
981,349
,
168, p. 255.
$464,965
„u——
■;(
Not\ income
Accrued
stock
outstanding
—981,342
Net inc. per share...,-.
.*•*; $9.61
519-
deductions
'
199,543
2,559,300 ;
192,546
6,132,800
$4,691,497 $18,398,562
'
_
taxes
Operating costs
■'
/
95.981
3,146,100
lnci-
income
Income
$6,374,778 $24,723,908 $10,379,997
<
debt-—-
Prov, for taxes on
Shares of
$12,680,614
v
Dr80
————
$5,604,672
$364,018
$465,045
income—
oper.
Other
$6,313,891 $24,728,530 $10,318,338
60,887
0r4,622
61,659
889.
1943—S Mos.—1947
2,486,000
2,592,000
Net
income
$1,013,572 $14,319,926 $11,474,987
643,554
8,715,253
6,860,956
Fed.
Stock———
No.
194&—12 Mos.—1947
1948—Month—1947
Period End. June 30— **
j;
•/;
1,302,000
income— $12,690,115
income(net)—
Drd,501
Gross
Net
Southwestern Public Service Co.—Earnings—
34,845,892
4,178,428
develop,
$24,219,586 $43,210^76 $47,756,365
-
income
.''
-'V
889.
p.
for
Divs.
r
18,982,104
2,120,780
Ntet» oper.
Other
for sale of
'
can-
—
under consideration plans
company, has
income'—i---.
on
Prov.
'•
'
exp;j,, and taxis other
reported
is
approximately $8,700,000 in equipment trust certificates. . The offer¬
ing, it is expected, will come up for bidding on or about Sept. 29.—
1948—6 Mos.—1947
.
operating income $44,596,192 $23,680,775 $85,492,980 $51,828,658
oper.
and
gen.
Gross
1948—3 Mos.—1947
Period End. June 30—:
Gross sales, less returns
~
and. allowances—$23,662,547
$
> *
Income before Fed. taxes
It
the
Sylvania Electric Products, Inc.—Earnings-
5,491,527 207,642,040 184,435,471
6,502,765
—
that
company
pro-rata share of the cost of drilling wells, for testing and
ment of its properties and for working capital.—V. 168, p.
-Week Ended Aug. 21- -—Jan. 1 to Aug. 21-—
1948
1947
1948
1947
earnings
the
18,639,583
9,456,237
11,916,910
.
of
net
railway—
Period—
>
Intension
present
the
is
2,225,000 shs.
proceeds are to' be used for the acquisition of leasehold interests
(some
of which are presently under contract), for the company's
/
1—
•
Gross
•Giving effect to present financing,.
PURPOSE—It
2,227,103
>
railway—i 141,178,954 127,098,554 121,748,374 155,986,130
^
34,682,478
28,179,550
22,256,374
61,181,230
from
Gross
Net
1,420,880
1,044,319
•Outstanding
3,000,000shs.
(par 100)———>—--—\
1948
Net
Dividends
CAPITALIZATION
Ry.—Earnings-—
$1,032,947
$3.33
-——-—
Net Income
•
88,260,739
21,342,514
1947
1946
1945
Gross from railway— $20,791,327 $16,390,219 $18,368,081 $20,429,506
Net from railway_x_
jj 5,403,483
2,583,002
3,397,787
6,547,231
371,261
deductions
Total
291,464,123
22,167,914
13,462,397
55,252,582
18,171,464
56,109,984
21,706,949
168, p. 889.
Southern
.$1,052,253
,426,030
$1,607,847
geophysical exploration for crude oil and natural gas, looking to the
acquisition of oil and gas leaseholds on favorable areas so revealed*
the drilling of exploratory or "wildcat" wells thereon in search of
crude oil and natural gas; the acquisition of interests in prouueing
wells
and in non-producing but
proven or* semi-proven crude oil
and/or natural gas areas; the production and sale of crude oil and
natural gas.
The company intends to engage in all phases of business
of the general character outlined above.
$34,291,656 $42,565,084
5,133,880 12,922,153
2,245.312
2,737,676
260.266.984 235,218.108 220,637.234
railway
railway
income
oper.
July—
——————r—
1945
1946
Delaware
July 28, 1948.
Principal business office, Howard Building, Tulsa, okla
The company's business is principally to engage in geological ancf
*
1947
1948
from
—V.
1947
1948
operations——
income
Co.—Earnings^-
from
ry.
Net
Gross
$3,820,391
ing at 30 cents per share 975,000 shares of common stock
(10c par).
The issue is offered as a speculation, i;
Transfer agents, Registrar & Transfer Co.; New York and
Jersey
City.
v
-■-'••••
1 < ...
1 •
From Jan. 1—
(net)-——i—
Net earnings from
$4,022,252
from
Net
$5,248,684
4,066,866
$3,092,571
railway- $42,441,046 $35,192,072
10.900,467
8,869,179
railway———
Net ry. oper, income—
4,399,131
3,079,488
Co.—Earnings—
12 Months Ended July 31—
$5,015,360
993,108
$3,501,795
—-
$3,552,593
460,022
JulyGross
Gross
Operating revenues
Tetai; operating expenses and taxes
O their
$4,013,243
511,448
——
deducts.,.
Sterling Oil of Oklahoma, Inc., Tulsa, Okla.—Stock Of¬
fered—Greenfield, Lax & Co., Inc., New York, are offer¬
$4,745,077
924,686
168, p. 889,
Net
Sioux City Gas & Electric
$4,534,048
211,029
on Aug.
company
HISTORY AND BUSINESS—Company was incorporated in
$444,705
$461,841
$2.04
stock—
share (226,584 shares)—
/
Balance applicable to common
Earnings per common
167, p. 2794.
614,456
Net income —
Net
—V.
income
and
—V.
$654,705
210,000
$671,841
-
$50,556
-
$4,807,868
207,492
$3,049,620
502,973
$3,393,787
——
—
Southern Pacific
requirements
dividend
Preferred
Income
Gross
Int.
:
Gross
.
—
307,766
$804,400
earnings
Other
294,553
319,081
306,504
;
Net
196,860
'
revenue
Oper, exps. end taxes—
Md
•
x
24 filed a letter of notification with the SEP
forf451 shares ($100 par). 6% .preferred stock, to be offered at $90 ver
share.
Underwriter, Cohu & Co.
Proceeds will be used for general
working capital.
The
1947
' 1948
1947
1948
$15,416,787 $33,671,130 $23,726,634 $21,317,554
12,018,000 ; 10,621,510
18,918,766 16,783.506
12 Mos. End. June 30—
$3,285,523
129,523
27,502
—
SEC—
—Files With
Subsids.™
—-Co, and
Company Alone——
Manufacturing Co., Hagerstown,
Statton Furniture
Co.—Earnings—
Gas
,,
$301,485
150,736
revenues-—
t^ieration
Natural
Southern
Sierra Pacific Power Co.—Earnings—
1948—Month—1947
' 1948—12 Mos.—1947
Period End. June 30—
Monday, September 6, 1948
CHRONICLE
FINANCIAL
&
46,999
4,056,008
865,050 v v
168, p. 788.
(Continued
on
page
52)
^
7,SUA
$4,733,115
3.471,648
865,050
Volume
Number 4731
168
THE
COMMERCIAL ft FINANCIAL
Stock Record
CHRONICLE
(951)
New York Stock
(<>>
Exchange
MIL! RANGE OF PUCES
WEEKLY VOLUME OF TOMMG
YEARLY RANGE OF SUE PRICES
FOR EVERY LISTED ISSUE
Range for Previous
STOCKS
Year 1947
f per
Lowest
I per thara
than
87%
•6Mk May
10
Range since Jan. 1
Hfrhest
Lowest
110
Jun
80
Feb
79% Jan
6
100
•%
Dae
10%
Feb
4% Sep
2
60
Oct
46% Feb
11
55% Jun
16%
Oct
14% Feb
18
68
Jan
42
Apr
6
40%
Oct
28% Feb
13
'7% Feb
10
May
10% May
<
10%
Peb
38%
Feb
May
MM
100
Dee
112
Not
J%
Dec
6%
Feb
Dee
31%
Jan
78
Dee
101
18 % May
44
86
Jan
17 ft
Dec
Feb
76%
Not
70% Jan
48%
Feb
~»0%~Nov
10%
164
104
202
11
22%
May
19% May
SO
Jan
10
28
Mar
26
Feb
61
7J
A
•0M
60%
11%
Dee
80
10% May
•»% Dee
•
86
Feb
28% Mar
Jun
3
98
26
Jun
8
31% July 15
Mar 16
6% May 17
Mar 18
83% Feb
42
Deo
Apr
Jan
77%
61
Jan
17%
60
Feb
110% Not
Amerada
Amer
43% May 15
78%
•
Deo
3%*
111
26
Jun
3
61$
•
99
6% Jun
Amer
76% Feb
6
166
Dec
196%
Sep
18
May
64%
Feb
Aug 12
37% Mar 16
•4
May
118%
Jan
89% July 19
10 Mb May
28 %
Feb
101% July
47% Oct
110
Feb
66
Aug
166
11% Mar
104% Jan
43
Feb
19
Sep
26%
Feb
16% May
11%
Dee
24
Feb
16
88
Dee
102
88%
Dee
101%
Dee
48% July
118% Oct
11% May
Mar
Feb
88
92% May 14
177
Jun 14
49y8Jun
3
100 y8 Jan
cum
ft
28
110
24
51
Aug 23
May 18
15
American
3
Jun
16
A '
3%
51%
OA. *72%
75
x28%
29
105
'90
A
V
96
19%
29%
29%
34%
34%
A
V
V,AA
♦105
29%
2,300
34
34%
33%
34%
4,300
83%
•83
A 35
88 Va
88%
28%
28%
*
*87%
♦83
84
35%
x34Va
34%
*87%
89
89
'
27%
A'A 5
5
♦44
49
IOO3/4
101%
*50%
„
28%
A;
5
48
51%
101%
28%
102
28%
5 Va
5%
*44
8
50%
AAA
102%
101%
513/4
102%
50%
73/4
51
8
73/4
51%
7%
51%
52
52 %
27%
27 Va
8
51
51%
513/4
52% A
26%
263/8
26%
*63
65
63
63
13% "
*12%
13%
*12%
13%
13%
13%
37%
37%
38 %
38 Va
39%
39%
38 %
104 3/8
•52
53
27%
,
27%
*62
•
f
*104%
106 Va
♦104%
7%
7%
43/4
81%
A,.. 80Va
42%
24%
y *108%
%<
18%
.100
♦89%
17%
*
94% Feb
11
41% May 26
107% Jun
3
26
Feb
26
49% May 21
American
preferred series A. 100
Distilling Co
20
Feb
•9
Jan
3
7% May 20
American
Encaustic Tiling
10
com
18 %
100
393/8
2,300
A* '
44
*433/4
*94 Va
98
24 Va
•24
A
17%
A. *18%
33%
6%
5%
17%
39
101
102
33%
6 *
•17%
90
39
X101
101%
34%
♦90
24
*
A:
700
Td
>'
109
45
A
*17%
17%
;A
18%
18%
45
19%
91%
i,
/.A- -s
24
A
•108
■A *17
19%
X38%
39%
34%
A
108 Va
44% A 44%
17%
45%
17%
89%
100%'
24%
108%
*18%
90
*99%
109
160
»
44%
98
45
99%
,
83%
170%
433/4
•107%
v
19
34%
conv
2,300
3,100
81%
<■
*94%
17%
A
39
3,200
96%
45
89%
39%
4%
170 Va
81%
170
1,300
7 Va
43/4
j
40
105
7%
44
X24%
''
110
A A* *17
A *18%
105
*94 Va
24%
24%
80%
700
13%
♦39
107
170
1,300
A
*43 Va
423/4
45
91
39
170 %
98
*108%
45%
*16%
10
A
110
#44t/a
10
;
com
423A
81%
1703/4
803/4
170 3/4
94
98
24
100
803%
170
42%
*94
V-
105
;
1,300
13,000
*13%
r
43/4
No par
2.100
8
64
7%
4%
7%
4%
7%
4%
170
102
•62
64
4%
81
500
1,000
48
•
7%
•26
107
170
300
5VB
♦44
7%
A
100 '
9,000
28%
5
48
4%
25
300
84
34%
7%
No pax
Cyanamld Co
29%
29%
65
37%
900
29%
34%
29
26%
•12%
20
*19 Va
51%
A
500
187
19%
5
•VA-
8
51
♦62
9%
186%
19%
29%
*44
50%
*26
J
2,600
97
9%
A
100
-
"
r
102%
7%
20
.
34
273/4
5
50%
»19 %
72%
105
*93
97
187
2,500
29%
•104
9%V 10
187
30
10,400
54
72 Va
105
1,100
3%
293/4
29%
*93
10
34 A
48
102
97
188
83%
28%
•44
*72%
29%
•104
*97/a
34% A
87
•/
97
•27%
74'/a
29 3/4
187
84
87%
AA/A'8 -A'
53%
34%
34%
•86%
54%
73%
105
3,000
18
76
52%
*93
20
*83
*17%
♦74
75%
52%
34
35
17%:: 173/4
*74
3%
3%
29%
84
"
3%
9%
9,600
A;
107
3%
33/a
A 29
34
*107
3%
3 Va
29%
97
*83
&
107
3%
17 Va
♦103%
186% A
*19%
*103
75%
•72%
•
1,200
10,000
15%
22%
7%
J_;
Crystal Sugar
prior preferred
8% f$
75
A
37%
15%
22 Va
52%
105
*93
37%
15%
22%
3%
A.
29 AA
;
*103%
19%
No par
Colortype Co
A
4%%
American
33/a
38%
1,300
2,500
45%
15%
3%
•74
51 %
*72%
29%
♦103%
3%
51
*43
1,900
t
v»
22
107
17%
V.
74
37%
21.
15%
3%
173%
74
45 %
50 3/4
20%
rC; 4%
Jan
46
*17%
;•
*44%
4 %
50%
51
1,400
95
%
22%
'
•103
3%
4
1
,
Inc
American
94
17%
3%
•
20 % Jun
107
3%
.
73%
51%
100
Cable
preferred
22 ya Jun
*103
3%
4%
com—1
Inc
American Ohicie Oo„
4
107
17%
100
preferred
13
22
<
39
15
22%
73%
109
7%
5%
15%
22
♦103
1
common
Amer
*38%
15
22%
186%
preferred
ft
38%
15%
>?,: 3%
108
21
6
:
No par
American Car ft Fdry com
Chain
V
-
'*44 ' i * 45%
15%
AAA 93%
**adlo Coro
American Can Co
71$
37
1
45%'V
21%
50
Broadcasting Co
Cabl*
'
37
*44%
38%
';
10
preferred
conv
May 21
10
w"
45%,
'
27
Jan
♦44%
187
common
5
33% Feb
20%, 203/4
•9%
preferred
conv
Amer
3% Feu
24
20%
•185%
preferred
41$
9y8 July 28
Feb
11
20%
American Bosch Corp class A
1
Amer Brake Shoe Co com
No par
Mar
~7%
20%
American Bank Note common___10
7% Aug 30
May
50%
20%
4%
Shares
69%
*85
20%
100
Corp
x69%
95
20%
Agricultural Chemical-No per
American Airlines
70
May 19
14% May 14
Petroleum
*85
BXCHANOI
I
preferred—
69%
4%
4%
No par
Dye
95
51%
ft
Ino
69%
69%
♦85
4%
Alpha Portland Cement
No par
Amalgamated Leather Co com—1
61$
convertible preferred
50
Mar 22
68
29% July 13
0
*35% Mar 19
103% Feb
9
Mar 22
10
68% Feb
0
9% Mar 17
Feb
2
May 21
52'/a Jun
13
Aug 13
18% Mar
v
Jan
121
Mar 11
7% Jan
Mar
20
60
90
the Week
f per there
50%
ft
conv
68%
*80
Sales for
Friday
Sept. 3
share
4%
No par
Allied Stores Corp common—No par
4%
preferred
100
Allls-Chalmers Mir rommon—No par
3%%
69
t»er
50%
Allied Mills Co Ine
3
6
31
Dee
91
42% May 27
46
May
107%
34% May 20
37% May 13
68%
90
'
Allied Kid Co
30
Feb
May
18
8
11
Industries
Chemical ft
t
4%
10
common
Allen
% per share
50%
No par
Allied
share
51
preferred
100
Allegheny Corp common
__1
B%% preferred A
100
82.50 prior conv preferred-No par
Allegheny Ludlum Steel Corp-No par
$4.50 conv preferred——No par
Allegneny ft West Ry 6% gtd.101
14
Deo
107
14% May
Dee
1
21% Jan
Ino
Thursday
Sept. 2
Sept. 1
50%
No par
100
68%
4%
1
Oorp
# per
PRICES
Wedneaday
WTOCK
4%%
23
Apr
8%
61
Mar
Oct
Aldene
May 17
Apr
11% Jun
33% Aug 11
Jan
18
«% May
Jan
96
198
Mar 24
89%
Jun
48
2
3
18% Mar 13
106% July
42% Oct
,
■4% May
,
Feb
Mar
Oct
36%
Deo
Mar
8% Feb 11
X171
39% Mar
,
10% May
•1
Not
Co_i
Air Reduction Ine
May 21
May 24
109
68%
♦80
10
Express
SALE
"
2.89
Alabama ft Vloksburg Ry
Alaska Juneau Qold Mining
May 13
34
July 21
90
Apr
12% Not
Dee
May
75
24% Feb 28
104
2
4% May 15
55% July 13
7
Co
HIGH
Tuesday
Aug. 31
< perthare
Addressograph-Multlgraph Corp —.10
Admiral Corp
1
May 18
4% May 20
10
• per there
No par
Oo
Adams-Miiiie
21% May 21
80% Jun
2
2% Mar 16
Motors
Steel
Adams
41% July 27
15% Sep
73 % Aug 30
37
Acme
27% May 15
26
Feb
ACF-Brlll
V
108
3% Apr 14
102% Aug
6% Feb
1% May
•;
Mar 11
14% Feb
9
Monday
•AAug. 30
No par
eom
Abraham ft Straus
23% May 15
46% Jan 27
21%, Aug 30
Feb
16 %
;
11
Abbott Laboratories
2
.
6% Jan
Apr
l)Vs May
Par
May 14
41%
.
•starisy
Aug. 28
EXCHANGE
8 per share
64% Mar 17
July
LOW AND
NEW YORK STOCK
Highest
t per thare
Jan
15
♦90
A"
600
100
200
91%
20
;
A/A 38%
39 Vb
5,800
y
*100%
101%
700
*35%
36%
36%
*5%
17%
6Va
5%
A A16%
17%
16%
16 Va
3%
33/8
3%
66%
68%
-12%
35
39%
102
A
37
800
'
6%
1% May
II
Jun
16
Deo
I
Dee
17% July
20% July
6%
118%
28%
101%
Apr
Apr
15
Feb
42%
6
19
Feb
74% Dee
17
July
July
15% July 19
Jan
Dee
18
Feb
Dee
14% Mar 16
86
T%
8% May
49
9%
Jan
Jan
68% Mar
6% Mar
66
Mar
97% Jan
Oct
6
4% May 15
3
89% Jan
90
16%
3%
3 Va
par
•68%
69%
68%
69'A
10%
10% V; •A .A-11
*57%'
61%
46
23
53
20% Feb
11
26% May 20
American
6% Feb
28
8% May 21
American
Jun
88
Jan
30%
Apr
10% Feb
16
92
Jan
13
Oct
14%
11
15% Jun
14
Not
13% Jan
8
Feb
19
16% Mar 17
98% Feb 27
Jun
26% Jun
108
Jun
24
Highest
I per share
Deo
¬
v
3
Range since Jan. 1
Lowest
; Highest
American
<77$
Co
A *59%
39%
38
1
*5%
5%
•46%
23%
No par
com-
49
17%
17%
16
3%
683/4
3Va
*66%
'
12 '>
11%
v
I per share
Locomotive
common
v
23%
69%
69
1,400
12
/12
60%
39%
39% A
5%
5%
5%
5 Va
♦46%
48 Va
6%
13%
17
16%
•85 /
•47
23%
23%
7
*6%
6%
91
♦16%
'49
233/a
23%
*13%
.
24
63/4
24
A'
♦85
91
13%
*13%
13%
16%
'■
■
NEW
■
stocks A:a^A..VA:A
91
15% Aug 11
21% May 24
79 % Feb
5
94% Jun
Feb
6% Feb
11
Par
Amer Mach &
3.90%
10
Monday
Aug. 28
$ per share
Sep
Saturday
■
f per share
A
Tuesday
A Aug. 31
Aug. 30
I
f per share
Fdy Co com—No par
16%
preferred ————-100
•84%
A
,
16%
16%
*84
86
17
400
< :
•
.
23
200
A
23 »A
:
►103%
200
,
3,700
,
105%.
100
;A
PRICES
Thuriday
Sept. 2
| per thare
16%
*84
103%
;
.*
13%
17
23%
103%
Wednesday
Sept. 1
perthara,
16%
16%
86
23%
A
1,800
5,600
AvAA
13%
800
1,000
■
6%
♦85 <:A
233/a
105
*103
105
LOW AND HIGH SALE
STOCK
YORK
:EXCHANGE
.
22%
22Ve
213/4
16%
17
<16%
,
'
24Va
6%
63%
91
.
13%
17
*103
105
'A
5'A
48 Va
3,000
'
61%-
39 %
*85
21%
Va,
59%
38%
13%
♦103%
600
J
:.
8,300
58
91
21%
A
3%
38 Va
•85
1
2,100
16 Va
i
38 Va
•13%
10ft
800
18
18
'
61%
5%
5 Va
5Va
49 'A- AA' *47
*47
67/a
6 Va
16
'*
39
5%
23%
*6%
100
pielerrea
preferred
.
Jan
18%
101
Ice
non-oum
A-AK r V;
Year 1947
I perthare
61$
Home Products
61%
American International Corp.No par
American Investment Co of 111
1
9
Range for Previous
Lowest
preferred
conv
♦60
X39 %
6 Va
*
Jan
116
6*
3
All
11
pax
10
1
American Hide ft Leather com
Jan
par
§0
Hawaiian SS Co
American
Jan
13
18% May
101
Dee
Jun
16%
3%
Jun
106% Mar
Apr
9% May
II
May
18%
16%
A/A 3%
10%
88
May
to
•16%
pax
No par
Export Lines Inc
Foreign Power com—No
87 preferred
No
87 2nd preferred A
No
86 preferred
No
12
43% May 17
7% Jan
5
5% Aug 31
40c
Amer ft
American European Secur
24
77% Jan
4
17%
Amerloan
9
14% Jun
4
20
'•
5%
17%
x34%
11% July
6
2
Zt
1
A
16%
86
I
16%
*84 %
the Week
Shares
perthara
16 Va
16%
♦84%
86
for
Sales
A
Friday
Sept. 3
I per thare
3,000
"
85
"
7%
Dec/
X28% May
127
Deo
8%
Deo,
28% May
18%
24% Mar
32% July
147
July
125
10% May 27
35
Feb
7
Feb
17
39%
Feb
29
Feb
10
July
9
American Metal
135% July
9
Mar 23
14%
Amer Machine & Metals
6
prelorrea
8% Jan
34% July
8
American
Dec
16%
Feb
Deo
129%
Feb
81
Feb
11
95% May 14
$6
76%
Dee
117%
Feb
72% Feb
21
86% May 14
$5
Feb
12% Feb
13
16% May 21
Oct
164% Apr
6
11% May
170
:
Deo
8% Aug
15 % May
84
Jun
41% May
■149
Deo
32
136%
17
188
16%
Feb
12%
Feb
42%
70%
Dee
40
Deo
158
85% May
23 % Jun
38% Feb
4
31
Mar 19
129
Aug|12
37
Feb
25% Feb
21
Jun
29%
Jan
A 34
May
47%
Deo
116
May
18%
Oct
146%
20
68
Dee
41% May
*116%
Oct
7%
Dee
>6%
Jan
•0
May
61% Jun
8% May
82
May
10% May
16% dm
88
101%
Not
Not
!«% JU
5
May 21
20% May 25
158% Jun
147% Mar 17
64% Mar 29
10
68 Va Jan
5
■
32%
32%
32%
93/a
9%
A *7%
8
•32
32%
9%
*7% A
9%
■/
88%
89
90
90
*88
78%
79
79%
80%'
Amer Rad ft 8t Ban'y com—No par
xl4%
15%
143/4
15%
14%
15%
*79%
14%
71$
preferred
100
•167
Am
Smelt
ft
Refg
Co
common—No pax
preferred
71$
American
61$
Snuff
com—
Stores
btove
Co
41%
59%
Co
♦33%
100
American Tel ft Tel Co~~»
59%
60
Deo
120% Aug
8%
60%
132
Apr
in
46% Feb 14
116% Mar 6
Deo
7
Feb
11
Oct
36% Mar 17
110%
Feb
95
103%
Feb
76% Mar 16
10% -Jan
99%
42
Apr
Mar
6-
58
Jan
Feb
21
17
Aug 12
30% Feb
11
29%
Dec
30
Feb
81
Jan
27
Aug 11
111% Mar
68% July
24% Dec
9%
Dm
16
3%
Jun
6%
39%
08% Feb
46% Mar
18% Feb
Jan
8
Feb
4% Mar
Oct
10,
4
144
MAT
71% July
9
16%
108
153%
59%
151
150
-
9
1543/,
Jun
10
8% Apr
22
120
56% July 28
104
Jun
2
112% July 28
8% Jun 24
May 19
67
41% May 27
100
preferred
51$
Am
Water Works Oo Inc
American
Woolen
preferred
71$
33'A
28%
24%
*16%
*38
X24
17
*18%
153%
19
A
A
29%
24 Va
•17
•18%
V
136%
118%
118%
8
8
51
100%
*102
7%
25
*60%
50
36%
51%
100%
110
7%
62
37%
8
51%
101%
♦102
A;
7%
154%
70%
29
*98%
99%
*98%
*49
50
*49
49%
♦49
Clayton
14
Anderson,
16
Anderson-Prlcfaard
14
20
Andes
Apr
6% May 26
Copper
ft Co
Oil Corp—^.10
Mining
2ft
27 Va
♦10
27%
11
27%
;. *10
;
,
29
52%
101%
99 Va
*49
49%
27%
11
*9%
*9%
'
'
5%
5%
A A" *5%
5%
♦5%
5%
28%
29%
A. 29%
29%
29%
29'/a
A
27%
*5%
11%.
5%
30
30
37%
10
37%
29'A
,
1,800
61 Va
37%
29%
♦98%
27%
61%
37%
A
7% r
•37%
62
38
200
101%
112
7%
7%
49%
:
*99%
•104
111
99%
27 Va
27 Va
HVa
7%
37
37%
*28%
99%
60% Jun
■"
7%
29%
36%
29%
*98%
36% Jun
♦99%
•104
29
37%
*28%
*
210 '
51%
51%
513/4
101%
36 Va
37%
118%
5,900
*60%
No par
21%
37
590
2,900
7
9,200
X37
Anaconda
No par
6,300
70%
8%
62
Anchor Hock Glass Corp com—12.50
Cable
70%
70%
52'A
38
5
ft
17,200
64
136% t
136
8 Va
37%
2,
Wire
155
'
137
♦118'A
*60 Va
11
preferred
63%
200
8%
7% A.
Jun
84
500
200
18%
118%
111
38% Jan
45% Jun
107
a/A ; 800
8 Va
51%
A
154%
154%
63%
40
700
17 Va
18%
19
•
4,600
,
'
118%
♦99%
62
.
•'
8%
*103
36%
36%
300
AA:/
*
118%
8
7%
♦60%
*18%
70 3/4
51%
480
39
63 %
101 %
4,500
126
136%
118 %
110
*17
39
63%
A
520
"■
;
33%
132
•122
693/a
118% '
V/a
900
*24% A 25%
17 >/a
3,100
•
40 Va
151
393/4
136%
70
8%
25%
124 Va
154%
63
.
A 39%
135%
63
136 %
10:
169
X124 %
19
800
1,700
12,100
'29%
29
29%
A 24%
17
126
153%
153%
A:
A
39%
39%
*123
126
24
A;
17
A'A
39% A
"
V '*123
29
28
8,700
<v
'■
58 Va
58
150%
131 %
118%
A
40 Va
58%
151
33%
69%
preferred
3
2
108
:
132%
69%
Copper Mining
85 prior conv
Anaconda
11
Mar 17
common—No par
—
$4 conv prior preference—No par
Amer Zinc Lead ft Smelt com
1
v
33%
70%
8
58
*150
*131 A
62%
63
•
39%
39
A
8 3/8
25%
333/4
A
19
137
39 Va
39
X59 % 1
•166%
'
8%
26
132%
A
125%
62 3/4
167
8%
*33%
16%
39
136%
common
preferred
/ 15 Va
*129%
243/4
25
61$
15
15 Ve
33%
25 V-
100
American Viscose Corp common—14
American Tobacco
80
25%
"
163% July
90 %
80
167
8%
25 Va
500
10 -A"
93/4
90'A
132%
29%
19
<;
30
8
10
80%
•129%
28
-125%
170
8 %
800
<
32% A 32%
A *33%
34
39
1
♦167
AAA
»
60 Va /
150
♦149
,
31%
/ 90
9%
25%
40%
„;-AA 59%
132%
'
:
8% A.
25
*39
41%
24
No pax
Tobacco
A 170
8%
24%
28%
Refg common.—100
Sumatra
*167,
8%
25%
150
•131
No par
preferred
American
A
A
25
100
170
A/A
A 149
Foundries—No par
American Sugar
7%
Co
preferred
noii-cuin
American
100
8
25%
2,000
127
*7%
32%
A
7Va'
•
31'A
127
8
32%
A
131% July 15
17% Aug 18
Apr
Apr
•
Feb
14%
10
24% Jan
Oct
Apr
32%
8
7%
125
9%
American
41
*7%
7%
31%
125
79%
9
15% Aug 13
8%
.130
89%
Apr 22
34% Feb
•125
A;A A A
9%
American
35% Jun
27
13
♦7%
CLOSED
31%
31%
31%
; 130
7%
31%
79%
26
116% Mar 15
149% Jun
138
Jan
31%
♦125
130
'
73/s
7%
89%
No par
12
35% May 18
27
31
7% A
•7%;
7%
31%
No par
Amer Ship Building
Apr
7%
♦125
8
No par
140
22 y8 Mar 12
28% July
:'r
Light com—No par
preferred
preferred
American Safety Razor
American 8eatlng Co
68
May 27
163% Jun 11
Mar 10
Jan
Power ft
STOCK
EXCHANGE
No par
46
11
139
News Co
1
■v
No par
27
9
Amer
Co
277/a July 14
11
46% Feb
Oct
Dec
July
Jan
12 Va Jan
176
8
Aug 25
16% Feb 14
Mar
172
24
com_No par
100
American Molasses
7
11% Jur.
Ltd
Co
2
88
6% Feb 28
No par
1,100
29 V*
*983/a
12,800
<
98%
49
»
1273/4
,; r *9%
A' *5%
30
27%:
A-.,, A-;'
1
11
5%;|v
30
800
j
49% '
300
.4,500
16
commercial &
the
(952)
NEW
Highest
I per
$ per
share
May,,
109%
Feb
00
Feb
17
101% Jun 25
4% %
0% May
15%
Oct
10% Sep
3
15% May 19
Armour
99
130%
Deo
103
16
91% Feb
Jan
Jan
106
55
Jan
41% Feb
10
56% Jun 11
Dee
110
Feb
88
Jan
29
99% Jun 14
19*
"Sep
14
IQVs May
Feb
14
Jan
16
111
106
100
Feb
94
23
Dec
34
Jun
11
11
120% Sep
2
3
107 % Jun
.3
26
Jan
99
Jan
84
Feb
112
Feb
96
Mar
Feb
14% Feb
35
5
Jan
34
Q
62
47% Mar
23
78% Mar
5
Apr
40
30
Feb HI
Mar
Feb
113%
Sep
102
Feb
9
Dec '
105
Aug
91
Feb
21% May
26 % July
20
9
11
»7
Apr
73
Dec
121
111%
22 % Mar
9% May
12%
18%
17%
20,
Deo
10% Aug 10
19
Jan
10
Jan
13 % Aug
18
19% Jan
8
28
23
46
7%
4% May
7
4% Feb
35% Jan
May
13% Feb
11
16% Jun
1
Feb
12% Feb
27
17% Jun
J
Feb
10
Jun
2t
Deo
49
11
Deo
16
13%
Deo
24%
7% May
16%
'11% May
25%
Feb
15% Feb
11
29 %
9% May
16%
Feb
13% Feb
10
31% Jun 22
Jan
69
Feb
Dec
65%
Jan
May
28 %
July
60
42%
18
Mar 16
20 % Apr
May 14
28% Jun 14
9
45%
Dec
54%
Jan
37
Mar 24
45
20%
Apr
39%
Dec
31
Feb
11
44% May
Dec '
19%
Feb
>
9% Feb
24
18
Jun
24%
Nov
18% May
25%
Deo
62
Jan
31
8%
83 %
110%
Dec
83 % Aug
Jan
16% Mar 31,
Bath
Bayuk
2
Jan
90
21
Foods
3%%
96%
Dec
108%
Feb
Jan
12
5% May
86
8
Feb
29
Deo
40
30%
Jun
39% Mar
1
July
% Jan
Beaunit
9
Jan
100
2
Beck
34% Apr
37% July 23
Oct
14 % Feb
16
20% May 21
10% May
18%
Jan
15
Aug 30
19% Mar 22
24%
Jan
18
16% May
05
28
May
17%
Sep
77%
24 % Jan
Bell
2
103% Jun
15
22%
50%"
50
50%
50%
51%
; 51%
51%
101
*21
38% Jun
9
Bendix
21% Jan
2
28%
Jan
23 % Jan
20
26% July
9
Beneficial Indus
Feb
78
18
87% Mar 10
Cum nfd $3.25
32%
Oct
Jan
125
30% Feb
19%
Apr
133%
Deo
~1J%
Deo
30
18 %
Jan
17
37 % May 27
27
38
Jun 14
139% July 14
37% May 15
16
14% Jan
6%
*1478
14%
100
10%,
10%
10%
1,200
13%
*13%
14
''
6%
7ya
7%
43%
44%
7%
44%
ISYa
Loan
7%
14
i53A ;:
15%
15%
5,500
15%
15Ya
21,400
26%
27Ya
*27
27'/a
8,900
28
28%
*27%
28 Ya
78
78
*76
78%
70
46 3A
400
25'A
900
25%
15%
;•
/<
H.
27
27%
27
79%„:
*27
73
79%
*78
*78
79%-.
*46
47
45
45
25
24%
24%'
247/a
25
25%
25%
38%
11%
85
19%
.7
*11%
H8%
36%
36%
85
19%
-
IS3/4
19
7A
93
*91
...
*91
11%
11%
ll3/s
*32%
33 %
*32 y4
35 3A
36Ve
.•'■■■■" 77/r-
Range for Previous
Year 1947,,
t per share
t per share
19
May
12% May
Range since Jan. 1
Lowest
Highest
*32'A
33%
*35
35%
*32%
33%
36
*17'A
17%
17%
177/a
15
15%
15%
10
*18
*99
-
7:7:
19
30
»
*20%
t per share
J per share
113A
Feb
11
36 V*
X13
Feb
11
19% May 18
14% Sep
2
Blaw-Knox
23%
•96
99 <
*27'A
27%
27%
33%
'•V 33%
33%
-35%
♦31%
No par
*15%
16
•18%
98 Ya
*98Ya
Bliss
(E
1*8%
!
&
Deo
15
Feb
11
Bliss
21% Feb
10
29%. Apr 16
Bloomingdale Brothers:.
Boeing Airplane Co
26 % Aug
8
59
Feb
Jan
26
75% Aug 13
37% May 18
116
45%
Deo
67
Jan
37
51
May
35%
Feb
20% Mar
18% May
49%
Jan
38
27% May
55
Oct
102
Sep
88
3% May
•
39%
Feb
Deo
13%
Feb
Deo
96
Jan
May
'
7
6% Feb
*
11
t%
Deo
Aug 24
•
24
11
44% Jun
9
66% July 13
Jan
1 %
2
96
33 % Mar 18
7% Jan
343/a
35%
10,000
15%
147/8
15%
4,200
23%
23 3A
>:
23 3A
24
*23 Ya
237/a
700
80
80
8177
*78V2
81
200
33
81
*98%
97
97
27 VB
/
27 3A
4
31 Ya
31Ya
32
:f
31
313A
10
10 Va
10 Va
7?C-
10
10
10 4
10
-7
37 Ya
■-
x27%M*r 17
25 % Mar 16
Deo
15%
63)
-
Dee
2ft% Feb
15
6
19% Mar 16
36% Jan
Apr
Dee
27
27% Feb
29% NOT
Dee
10%
28% Mar 10
93% Feb
13% Mev
Feb
26
99% Feb
13
-
Jan
t
May
14% Feb
*
Feb 20
•9
Deo
96% Fob
69
Mar 30
15% May
Deo
Deo
37%. Not
102% Apr
14% May
li
May
23% Fob
38%, Feb
•0
14
May
22%. 14b
10
Deo
104% Feb
•0
May.
14
Jun
100.
Mar
95% Jan
12% May
16% Oct
6
May
10
Jun
88
Jan
11
Deo
24%
19% Mar
29% Feb
12 % Feb
Dec
3
108%, Jan
Deo
6
13% May
94% May
19
104
May
27%
78
Jan
Oct
13
Mar 12
2% Mar 17
16
Mar 17
.98% Jan 15
23% Feb
11
Jun
•
9
■7
88
Jun
18
Jun
3
Jan
Jan
31
'
:
(The) Co common—^Kapar
$9 preferred
—_Nftp*r
Buffalo Forge Co_^.
l
33
3%%
3%%
conv
2nd
preferred
Bush
4% May 18
27% July 14
105
July 9
35% Jun 16
Butte
Copper & Zinc—
5
Byers Co (A M) common.,.No par
*7% participating preferred—100
Byren
Jackson
Co
20 y*
19%
1%
34%
x55
Deo
Deo
27% Mar 17
40% Jun
18
Jan
52
54
28
Jan
9
3%
Feb
1% Mar 12
8%
Feb
6 %
«% May
11% May
Sep
1
34%
Oct
24% Feb
11
12% May
17%
Feb
10% Aug 11
110
Deo
M
,
132
Dee
18
48%
Dee
25%
t% May
Feb
Feb
Feb
106
July 19
38% Feb 11
14% Mar 16
15%
Feb
Mar
4
NOV
47%
Deo
38
Mar
l
11
Apr,
14%
Feb
11
Feb: 13
M
May
»%
•
57%
Feb
10
48% Apr
For footnotes see
page 26.
21
May
3
May
"8% May
31% May
15% May
iuy»
69);
68 Va
36%
68%
36
82 y*
36
*36%
37%
21%
77 21%
91%
3.7 ya
7 *90
7
119
44
Jun
May
X19% May
19% May
47% May
18
May
56
Aug
2
Cons
Canada
Southern
14
26
Canadian Breweries
14
Canadian
19
Cannon
15
Capital Admin class A
26
Copper
$3
Pacific
1.66%
No par
Co.—
Ltd
A
100
No par
Ry
:
*75 .'J
10%
'V 4,000
200
*95
v
10
96%
*20
•
2C%
20
'
200
2,100
,
>
8'A
*96%
97%
•a
A.V.:
17%
18%
38 Va
39
41
22%
22%
*89
*82
*75
ao
;
♦78V*
79%
3%. 7:: .3%
23%
3%
23%
24
105
104
-
*104
?
'
24
"
2%
6V2
8V»
97%
97%
97%
98
12 >A
79
12
12%
12
12 V*
3%
24
-
,
2Vk
6'/2
7
••
-v
2%
6%
6%
*26%
27%
27
10%
llVa
11%
109%
'1091/4
•'
109%
109 %
*41%
42%
*4i%
*18
18 Y4
*1734
42
Ya"4
18%
36%
x..
32
800
\
"
j
120
;
"
•'u?.'; ■;.**;
6»A
2%'
111'3
130
80
,3%
7; i.ooo
.1,200
20
1,000
7/ -
*
7jGv
v
■' 7
;'"37
*177,
38
.
'
*54
55%
2%
2%
'6%
•6Ya
x2B
28%
11%
11%
.755%
!'
7
2 7a
63/a
28
*41%
7110
110
7,»■/■''
42%
41
?
*41
*15
16
*15
16%
*15
16%
56
*55
56
15%
Va
*18%
='•
157a
*
41Y4
■
19 y8
18%
16%
16
16%
41%
42
42
,*15%
•■*55' '
;16%
56
'
*15Ya
56
i6 y4
56
2,500
1,200
5,300
,
'
.'7
70
100
■
100
18%
15%
1,800
3,800
.
110
41 Va
'
,7-.
11%
417a
•
V;tr150
•
.
110
18%
42 V4
*55
Ya."
"
*41
-5
11%
42%
15%
15%
6%
.:>• 23
110
42 Va
15%
2%
63/a
27%
*41V8
*54
36
2,100
i
24'A -24%:„
*ic4
; 105
:• 31%
31%
25%.
104
36Y«
54
11%
56
104
-*31%
80
*3»/8
.7
79%
3%
1; 24%:
:.v 'v
"31%
•
27
:
'
3%
8%
7
11%
*109
iWn
24%
105
<30%
27
/,
8.900
98
;
1'4
2%
.
'
17%
17'A
9%
*104
30%
Vr,
8')
17%
12
■
105
♦75
80
83r«
8%
3%
*30 Ya
10,100
791-:v:i;;v
"if)
*91%
3%
78% 778% ;
"
22%
,7:1. 17 ya
8>A
*96 y*
n%
ny.
40%
1.300
1,900
78%
97%
12
' •7
8
12
11%
;
200
...
22%.
96
80
600
'
40
,
91
94
8%
*96 y«
,
17.%
90
;7 17
100
.
*75
17
'
18%,
•a%
69
150
11,50(1
,
>
38
*91
;
10%
82%
90
85
10%
68
,
'.
7
122% 7
22%
7; -7:22
91%
*75
85
17 '
*55
9,000
,
*32 Va 7 33
-
*81%
15%
10
40
:;v;
*37 y*.
*41%
1
97
21%
33
26
common
•'
7%
4
*53
.
82%
17%
No par
1.
Mills
preferred
Ry
6
No par
70
;.l.: 37%
17 Vz
38,
22
91 % V
*89
90
*69
:
37% 7
17
f 54
Dry Ginger Ale com
$4.25
conv
preferred
f
v
1-20%
;.4 82%
*36
Campbell W & C Fdy.
20%
si y4
53 Vk
2 Va
Can
33
96%
81%,
>
*17% 717%
91%,
69
69
;
v-v
v
-.
82%
81
53%
Calumet & Hecla
7
21
10%
;
-
•95
-
10%
53%
21
ioy4
*32
7
21 Va
10%
•20% 7 21%
ioy4
35%
1
97
,
1.500
2,500
■
10
35 Ya
)
■97
31 Vz
30%
:
•
19%
35% :
Zinc-Lead
*95
31
:;v •/: 30.
.122%
'35 Ya
Callahan
31%
3i
,
20%
California Packing common—No par
17
30
123%
30%
50
7
31%
3,200
2,500
31%
31%
v'
19%
•
2,300
,
9%
mmm
S,.*122%
30%
preferred
10%
32
19 7A
No par
5%
8%
52%
7
;
400
37%
37%
7)' 8%
;
-
4,300
3 Ve
!■;
*49%
zoy*
19%
.
*122% 123%
10 Va
10%
7 :
V
Apr
Dee
96
*20
19%
f
14%
11%
;
6,800
92
8%
10%
96
4,300
61 »A
3
37%
'9%
«
33
*33
:
•122,A 123%
10
10 Va
*89
10o
—
>7
21%
l
preferred
iovi
:
33
: 967/a
24%
41'A
♦90
92 V
3%
31%
20%
97
,
52%
9%; •
20%
23%
^7.7
*49%
31%
31%
20%
7 *19%
Va
17% C17%
*37 % v 38
...
4%%:
20 y*
36%
Bush Term Bldg 7% preferred—100
Butler
Bros common.
~
1$
_
'
30»%
i,;. io% ' ioVa ;
123%
*81
_100
Terminal
V
190
210
2,700
8%
.
1,100
7
39
40%
61%
♦37
52%
*30 V®
">:7*95 ••••
V
41%.,
*90
23%
77
60%
25
3%
"31%
■
97
69
7
:
4,400
28%
*38%
61
8ys 7
31%
7
24
38%
"
9%
:
3(>y»''30y*
*95
20
1
100
9»/a
31%
*32
•v
No par
Inc———.
8
Co
v.:."
*95
*122%
—
preferred
-
'
20.,
*49%
39
3>A
.
8%
:
;v-7
23%
77
"
77
41
7
92
38%;
8y«
52%
31%
96%
.7 19%
*90
39%
.
9Vt "
4
.
10%
■
60%
4
32%
20 Vz
33
23
40%.
60%
77'-v'7' 2%
31% ^\;,>31%7-' 31%
-
*19lA
7
2%
*8:
*50
*95 7'v
Ntaf El Corp 3.66% pfd—100
4%
2%
*
22%
w
28
28%
23%
38%
:7
40%
7
v
92
*38%
39%
io%
:
loo
7'v'.'V
3
20 y»
.V,—
——No par
Burlington Mills Corp common
*89Va
30%' 30%
9.7. ;
977$
-
preferred
100
Burroughs Adding Machine—No par
17% Jun
10% July
98% Aug
15% Jiin
89
:V
16
common..
60'A
r
23%
76%
38%
40%
59%
32%
v;
I
—
40%
39% '
II
38%
22Ve". 22%
Va
60%
8
)8%
*50 ■«/ 50 Ve
9%
9% y
2.50
preferred
Bullnrd Co
Bulova Watch
-.300
-46
*44%
28
77
v.r
22%
2%
Brunswick-Bralke-Collepder ,_No par
Bucyrus-Exte Co common
_l
Buff
1,900
°16
15%
46
'
27
77
41
■
15
2,400
14%
14%
^ 27
38%
*38
•89 V. > 92
Bqdd
100
'*•
Ino
preferred
16%
14%
16%
23 ya
77
59%
100
Co
26%
77
41
X22%
5
(assented).100
Brown U Rtgelow..*—
7%
97
Mar 16
9% Mar 18
Feb
22% Oct
•
x
-7,"
18
u
—
Shoe Co
1,300
16%
16%
•7 -14%
15%
Shares
35%
14%
*44'A
the Week
$ per share
16%
H
Bales for
Friday
Sept. 3
35%
45l/a
600
7:77.
35%
23%
26%
.
38%
38
Bristol-Myers Co common--.
2.50
3 % h preferred
/^10<J
Brooklyn. Union Gas
—No par
90% Jun 21
7% Mar 16
79.
•
77
No par
2
46
14
13
•**
27
1
(The).—.
RR
-■
35
*43%
23% 7« 23 T4
237/a
26%
t_No par
Nopar
$3.60
% ,16%
16 y4
*15%
77/;' ?'*43 7^7745' 'i
23%
1
Bearing
Airways Inc
Brown
*15
•—No par
2L% May 15
43% Jun
1
24% Jun
3.
8
72% Feb 29
Apr
-
14
^•>7 '*76%
Briggs Manufacturing
Brlggs & Stratton—
11% May 15
75
July 12
Mar 31
77
2
37
124% July
16% Mar 19
.11
Feb
79
e
*32% Feb 13
78% Aug 11
Deo
72
122% Jan
,
16%
14.T7
CLOSED
Bridgeport Brass Co.,
9
18
16%
14
9
|
,
:
Brewing Corp of America
15
16%
14'A
No pat
Brass
A
Roller
Branlff
33% Aug 6*
99
Aug|ll
X22% May 27
'24% May 1,
19% Fob U
119
125
Bower
25
22
12% July 26
17 % Fob 14
106 %
&
class
Boston & Maine
Feb 10
11% May
36"% Jun
34% May
37% Jun
101% Apr
21% May
10% Aug 31
~23%~Jun
"
Jan
109 T4 Apr
Jun
71
Co
16%
15%
;7
6 p«r share
*
t:
1,800
•
Borg-Warner Corp common
3% % preferred —;
10% May. 18
Apr 28
9% July 20
Co
■
35
800
131
'
Thursday
Sept. % ; 7;
1 per share
1 per share
36 Ya
131
132%
PRICES
Wednesday
Sept. 1
Tuesday
45
41,000
31s/a
32%
347/8
;7
3,000
37 Ye
'36Y8
*130%
34%
15%
34%
34
36 Ya
34%
*43
2,100
130%
35
STOCK
EXCHANG 1
28
35 Y4
16%
>
600
98%
28
7'
xl30%
v't':7
14
,.2.50
-V,':.
28
34 y8
33 Ya
34
335/a
98
99
727%
,
34%
Nt> par
B
Borden
May 24.
42
8
50
Aluminum
Ami
inc
80
34%
Aug. 31
1 per share
tpershpre
1
Bond Stores Inc
5% May 15
Aug 26
Laughlin
Class
Feb
31% Feb
Nov
19
Bon
42% Feb
18% Feb
40% Feb
•0
Bohn
12
27% May 15
May
30%
-
4
13% May
30
Jan
Jan
96
Far
Co new common..
17% May 15
Deo
32
W)
44% July
Nov
Deo
*
No par
—No par
32% Mar 15
19
•8%
'
A
41% July
24% Oct
19%
13
■;
7
323/4
LOW AND HIGH SALE
Aug. 28
100
1,000
100
*98 Ya
7:715%
33%
10
Monday
Aug. 80
Saturday
~
200
18%
18'A
16%
100
7;7
;
35 Ya
32
9%
9%
18%
16
15%
132
132
32%
800
36%
35%
*153/8
7
18 Ya
,32%,
27%
^5%
v;'7;
132
333/4
*32
15 %
99
*96
36%
132-
No par
::
33 3A
80
*79%
-
.77777
■
1,100
24
*23%
80%
;jmr—1
Co
10
*18
18s/a
15
23%
*79
com.No par);
Black & Decker Mfg Co
July 15
600
llYa
11%
18%
15 3A
31 Ya
15>A
stock
r
28
Feb
200
93
*91
36%
98 Yo
15
32%
14%
1948 Nonpar
stocks
700
19 Va
*18
*15%
f
100
31%
;.c
31%
33%o
exchange
Jan
13% Aug 26
14
May
28% May 7;
14% May
''
400
83%:
•■36
18
wi8
18 'A
18 Ve
♦98%
100%
...100
NEW york
Highest
19
35%
19%
..
93
■
Lowest
3A
,900
83%
86 77
19
80
6,400
12
187a
;
87
.77
39%
35%
-.
11%
*35%
15
Co
7-7; 39%;
113A
193A
19 Va1;
:
800
'
1
Carpet—
400
42
:
39%
'
7:7 H%
87
19%'
11%
42 '
43%
39%
•
36
.
.
93
*25
♦35 Va
85
*91
46 %
*18Ya
19l/2
-35%
1
*42
39
11%
r—1
—
43%
*42
38%
*18'%
11%
*11%
1
46
'11 %
777 35%
85
85
46
11%
36
"7;'
4;:
46
38%
"
'
19'/a
19
*35%
Y4
*45 y4
43%
43%
43%
*42
7V:
26
27%.
26 "A
25%
27%
*24%
16
*15%
'
26%
27%
194ft.No par
(Del)
Electric
Birmingham
1,400
16
91
preferred
BIgelow-Sanford
39,900
15 Ya
—1
Steel
400
7%
'45
45
15%
91
Co
Bethlehem
7%
-
•
15%
com——10
of
ser
;Foods__.
Best
„
157,a
—f
$4divserof
pfd
&
■
500
14
*13%
'
43%
v.
.
€%
15%. >77
20
Aviation—
Cum
Best
% May 24
Mar 16
9% Jun
6%
14%
f10%
4
30% Aug 13
150
6%
14%
io%
15%
*15%
11%
Bendix Home Appliances.
102% July 23
6%
14 %
15Ya
—,—100
11
Feb
200
,
15%
common
Aug 11
25
.21
•
15%
'20
preferred
Feb
Aug 18
23% Feb 14
21
151/\
——
13
94
380
101
*100
,
*13%
.
—10
26
Jaii
22
»A
6%
•14
;
7
—.50
Feb
35%
101
io%
6%
42%
:,42%.
38%
_■
Nov
Jun
22
15lA
—.—
103%
Deo
*100
-*21
•
''
'
15
11%
Coi
Co
101
*100
• v. 22
550
,
.7 2,000
'H 15
100
Corp
Corp
Howell
360
96- :
15V2
pfd—r_100
4%%
25%
~24%~D~ee
4
&
4%%
108%
22%
6%
38%
RR
Aircraft
108
7,300
15%
2.50
Packing
Bell
109%
600
,42%
-is y4
common.—„28
Belding-Hcminway _*
1
108%
42 %
.
4
73
4
42%
5
39%
'
^"21% May'
■9t:
Aug 11
93% Mar 16
106% Aug
Deo
Creek
Beech-Nut
5
18%
42%
1,400
37%
;
68 %
14%
No par
(A S)
37%
*
73
%
"42 %
v
109%
109%
'
38%
38%
* 68
,
95%
7
6%
,—50
Inc
Aircraft
Beech
g
32 % Feb
12% May
■">
'
*21
7,
—,—1
Corp
Co
Mills,
Shoe
Beech
15% Apr 16
li
Feb
30
.8
22% May
16% Mar 10
20% Aug
Dec
73
42
957/a
4
17%
2,000
56%
15V3
pfd————
conv
1.200
18%
22%
r
8
102%
'
95%
6% 77,7'' 6%:
•42
10
Cigars Inc
Beatrice
56%
*15%
Works—
common..
Works
17%
12.500
13
Inc
preferred
Oil Co—i—
Iron
101%
17%
57
41%
•
Ohio
Barnsdall
7
102
17%
56%
400
—I
Locomotive
4% %
15
43% May 15
23
21
(The) common—3
preferred
No par
(B
23% Jan
4
13
Feb
Jun
101%
17 %
57
38 SA
56
13%
Brothers
101 %
20
i
120
22%
13%
Barker
118 %
95%
13%
T)
120%
22%
13 %
&
119%
40 7
29%,;
29%
120%
*100
101%
•100
common.,-100
4% non-cum preferred
.—108
Bangor & Aroostook common.—50
Conv.
5f»
preferred
100
Barber Oil Corp (Delaware)—...50 V;
59
102%
29
28 %
95%
•10%
Baldwin
80% May 12
x42 % Mar 15
49%
4Q%
2,200
106
*101
*
101
14%
10 %
Babbitt
July 14
*104%
V-
22%
*14%
10 %
conv
100
',700
,
16% ; 16%
22
14%
Baltimore
16% July 13
11
Feb
60
.22
Mfg Corp
17
167A
49%
95 r
-
'10%
$2.29
*16%
,17%
16%
21%
95
*6%
Avco
%. May 17
Feb
Feb
38%
*16%
100
140
102
"
.
•
41%
*109
109%
♦94%
93 %
♦14%
——
16
94%
104
38
No par
Co
•*15%
16
*15%
1,600
112-
104 4
*68%
No par
-—-So
Autocar
111%
*100%
73
Automatic Canteen Co of Araer—9
Jan
27%
*
Ve
*94%
"
30
38,
common.
Conv prior
52
•
102
41 %
109%
/
52%
-
104
'-17%
pfd ($1.20)
Nichols
Austin
16% May 21
29%
Dec
conv
,
9% May 21
26
Jan
13
♦109
preferred series A—168
series B
y_100
Atlas Corp
L——
,
9
Atlas Powder common--.
No par
4%
conv
preferred
100
Atlas Taek cofp—-———No,par
4%
112%
1,200
^
■
'
17
♦63
41%
,
52%
-94%
112
11,200
•99%:
119'A
55'A
*37%
7
73
41%
25
common
Froferred $3-75
9
5% Mar 12
Feb
15%
24% Jan
20% Feb 25,
Refining
38%
52%
*94 V%
v;
96
.
*29%
100%
17
55%
55%
38%
55
100%
•100%
'
•68
100%
,
*102
29%
118 %
17
12%
<
17
16 %
16%
100%
101
17
55,900
%
16
XI
.
117%
119%
:
>.
'
102
*100%
10 %
112
*15'A
1
29%
101
4
No par
Lines comraai}—1
preferred
100
non-cum
Atlantic
8
Jan
114
103
Feb
Dec
13
5%
25% May 21
64 Va Apr ltf
48% Aug 27
Aug 19
July
July
27% Jan
Feb
Jun
99,
29
116%
100
10
Inc
F
Ath G <fc W I £S
30% July 12
114
May 22
Nov
•1
July 14.
.,
preferred—
non-cum
T
"
29 '
60
10%
12
-
94%
94%
"104
100%
96%
52%
52%
112
•
16
*102
104:..
100%
.
XT
29%
96
101%
/
U2
15%
.'
29%
96%
12%
-v
16
16%
104
Atlantic Coast Line RR
l,
Jan
Dec
77
191
5%
A
19% Jun 24
11
Dry
Topeka & Santa Fe com—100
Atch
68
45
34% Feb
Jua'
92
i
25% Jan.
Feb
59
13%
21%
Feb
Sep
.49% May
*16%
Mar 12
Feb
Feb
18%
-16%
12% Mar 16
20%
134
May
Dec
Co Inc
.—No par
Goods common—1
6%
1st preferred
106
1%
2d preferred
106
Associates Investment Co
16
•
15%
16
132%
10 V* May
15%
16%
Dec
:
•15%
Corp
Artloom Carpet
Deo
52
S
Constable
Arnold
9
May 27
May 10
July 9
101% 7
94%
mi
.v
30
96%
*100%
/
Share«
29
12%
52
112'A
•Ill
No par
12%
the Week
>.'
97
*96
94%
94% : r,
,/
Associated
Dec
69
94
17% Aug
09
S98
52
CLOSED
97:
Ssles for
Sept. 3
t per share
share
29%
28%
28%
*ioo%
.52%
EXCHANGE
19
/ 09
13%
$4
115% July 12
18% Jun
2
5
No par
No par
No par
63.75
share
98
12%
100 V*
f per
$ per share
28%
♦
12%
100 %
12% Mar 13
17% Feb
'
preferred
Co com
preferred—,—
preferred conv
8TOCK
"-■>
29%
96 %
12%
9
00m
;•
28%
•96
106
Illinois
of
Armstrong Cork
Jua
1
preferred
Co
&
# per share
tper share
10
com
$6 conv prior
9
38%
01V4
104% Mar
Corp
conv
Friday
Sept. 2
Sept. 1
Aug) 31
$ per
Thursday
Wednesday
Tuesday
Aug. 30
Aug. 28
Par
Steel
Armco
32% May 21
11
25% Feb
Feb
exchange
2 per share
$ per share
share
37%
24% May
high SALE PRICES
low and
Monday
Saturday
stock
new york
Range since Jan. 1
Lowest
Highest
Year 1947
Lowest
RECORD
YORK, STOCK
stocks
Range for Previous
Monday, September 6, 194
financial , chronicle
21,700
■kh\
f;7
••
ioo
60
(953)
17
NEW YORK STOCK RECORD
Range for Previous
'
Year 1947
(Lowest
J
Highest
;
-
$ per share
a/iar^
'per
Dec
5%
15%
'
102
Nov
27
Dec
128
Jan
4% Aug 31
12 Va May
100% Feb
18
Jan
27% Jan
2
32
Feb
32 Va Mar
4
4l% Jan
21%
Oct
45'
Oct
•14
*
'
33% May r
'
Jan>
6
47-
Jan
49 ft May
9
Dec
Feb
53
Feb
26
Pec
22
Feb
13
Jan
97
Feb
10
105
Ajpr
123
Feb
11
28
32%
Dec'
i
21ft
Feb
;
"
Feb
18% May
\ ;
2
3
22 Va
7%
Dec :
Feb
14 V8
Dec
May»'
Jan
16% Jun 21
6% Feb
»
8
Aug 27
7%
30
100 %
10%
116
Dec '
77 Va
Dec
4 Va May ' ■
9ft
Jan
2
108
Apr
79
Feb
'4
•:<7Va Jan;
107/a Jun
14%
Feb
21 ft
•'
20 V2 May
47% Ffeb
18
90
16'
23'
,
81 Va
Dec
>
4
•
3
12%
Jan
77/e Feb
11
6 Va May
12%
Dec
9% Feb
8%
Feb
6
•
>v 6%
•
38%
'20%
Feb
14%
22% July 14
15% July 13
13 ft. July 13
41 Va July 13
'14% Mar -9
23% JUly 15
Feb
ii
49% JUly 15
28% Feb
53%
Feb
34% Dec
1
Jan
>
.
*35 ;
11
40
;49% Mar 20
57
Jun
Dec
15%
15%
W#::
'V
**32
Sep
•
66%
Nov*
06
Dec
Nov
;
Dec'
11%
.
Mar
34% Nov
May'
34 Va
"
176
197
JunNov
Jan
43%
21
Mai 18
"38 % Aug
July 12
'80
Jan
20
May 24
176
29
JUn
4
5%
34% Feb
10
41% Jun
14
115% Feb
35% Jyily
105% Jan
6
111% Jun
7
Jim
6
34Va Apr
9
Nov
109
Mar
25
5%
101
Jan
106% Aug 17
'70% Aug 31
108% Jun
' Dec'
Cleve
Dec1
57
Feb
'42% Jan
14
78% May 20
47 Va May 19
Dec
24%
Feb
'14% Mar 15
18% Mar 22
Dec'
27%
106
>>' 71
42 Va
14 Va
32
May-
34
Dec'
26% May
39% Mar
48% Mar
Dec-
89
27'A
28
28
28'
27'A
28
24
24
24%
24 %
24 Vb
24 Vb
Dec.
154
Feb
91%
137 > Feb
Dec
10
97%
"97
"27
28
23%
'
24
*•'
97%
Graph
Bronze
Co
Pitts
11%
11%
11%
28%
*27%
28%
28%
28%
*27%
28%
28%
28%
39
38 Ve
39%
(
30^
5974
x38%
83%
83%
83%
„
84%
85
38%
39%
38%
*82Vb
83%
"82%
oV.7%
7%
7%
7% '
:•", '14'T
7%
14
11%
11%
10%
10%
10%
20
20%
19%
20
13%:
14
13 7%-
14%
7%
.v
7ft
■Cy, 7%
y
7%
.
5
Corp_„_
J.
Cluett Peebod.v & Co
July 13
7%
4%
cum
■
Year 1947
Lowest
Highest
.1 per share
141
Range since Jan. 1 Lowest »
Highest
>f
May
per share
t perj&hart
_
191% Nov
1140
May
33
May
Jan
152% Aug 31
61
July 13
1332 July
1
32% Aug 16
87
Dec
105% July
87% Aug 20
96
23 Va
Dec
•>46v- '(Feb
18
Aug
*61 Va
Jun
65 Va
1155
56
IIVB
u
>11%
37%
37%
367/b
20%
21%
-/
20%
21
21 Vs
21ft
21ft
22 Vb
46%
46%
34%
34%
,
46
..:• !.
46%
.
34%
34%
•
54
"53%
11%
53%
3%
53%
42
53%
97%
23 ft
•' 41%
41 ft
30 ft
30'A
8%
8%
*38
,
>
19
'
,
87%
35 „/•
*
90
-39
39%
27%
107
50
71
109
,
>*43 >
145/s
i
28 Va
7%
100
72
46
<15
15 ft
7ft
>.
>28
140
87
*85%
34 %
V 140
*85.
34 ft
•
»
f
,8
May
21%
Apr
Dec
20% May
2ft May
94
Dec
85%
;
Nov
12% Feb
11
Feb ,11
207/a July 14
•12% Feb
13
18% July 15
13
'17% July 14
'4%
32%
Jan
'
32%
Jan
•22% Feb
11
.10% Feb
13
12%
Oct
86
'
Mar
50
Nov
7
Dec
44
o
ii
90
>>8%
x
55%
v"
Dec
12%
•* May
19 V« Feb
V&'.rn"-.
19*
55
Feb
Dec
.
Feb
32% Feb
'1 98
'
Jan
fi
2
AugN27
com
24%
24 ft
Columbia
Gas
Columbia
12%
Commercial .Credit
$3.60
preferred.
Commercial
>
,
$6
&
^
South
Mar
Edison
>48%
11
J 14
.
$5
preferred
Consolidated
Consolidated
9
t49% Mar 17
for
Shares
;
\
: 800
150
•i
,y n •
i
.
6%
$4.50
Vultee
3
May 15
July 13
preferred
Continental.Can
$3.75
Inc
1
Continental
Insurance..
10 Vs Jun
24
69% Jun .18
48%
>#48%
48 ft
94
X47
X95
22ft
> 22 ft
L
95
93% v94
22 3/4
3VB
3%
97%
,
26 Vo
10
.Vv
:
22%
.
3%
>5 ft
23%
26%
34%
28%
5%
••"-t;,':5.
28 ■>;-
.
>/
*13
15 ft
,33%
100'A
100'A
.36ft
36%
*93
95
15%
*91
15%
>>> ■>■.,/
*94 7
Fibre—...5
—
15 ft
7%
605/a
f 16
16
>
>:28%
29 ft
t
13%
/
100'A
');.->
*91
100
>>37
95'A
*94%
55
7% >.
55
61 Vn
16% >
16%
16
35%
94%
94%
*94
11%
?
:
55 VB
7%
*,60ft5
343A
5
»L
24%.
1534.
9%
I
-j
4^00
_
15%
:
-
i
8,500
/"■'
800
\
,
,
.
.
•■
>;
28%\,
?
,■
10.000
600
„
:
13 ft
10
333/4
10 %>
34 Vb
95
L
I
40
>3,800
94'A -»•
94ft
7%
55%
7%
55%
734
61%
,X60%
17'A
17'A
•":
61%
k
i
j
,!
^
♦
1,500
73/4 ?':•
'
.
400
>.
56 ft
7%
61
-t.
<
200
11
». 55%
61%
56
'
(
5
1,300
92%-,-v
*10%
.
;
-1;
;
•
35 ft
\
690
>> 1,100
>
'
J'
1,000
"
11
i
i
i
<
16
92
»
)
9,200
>
37
/» 35 >■
i
2.900
101
» >,>*92%
":"•>
157/S
-'
> 200
12
95
i
1,800
28%
•;.>>
J
a,500
-
9%;;
44% :>-•
*13%
•.
?
1,000
,1,100
,0 A
11%
.35.
/.
>>
>•>> 200
12
92
» 11
4
8,500
>'•
»'
30
,
,
.?
.1,900
,
44 Va
29 '
13«A
95
>• 92
91%
:
9ft,,
,-16ft
16%
>*10%
:
7%
60%
>,
*91
11.
61.--,>
:
,
>! 50,500
>
,.26%)..:'
99 '/a
100%/ >';■ 100 Va
>;■' .37
i'37 Vb
*92%
16
t;.35ft
,
>>
95'A
*10%
»■
95
! 210
6,800
34
37 VB
37
15%
5
I
,
..
10 Ve
;
'100%
100'A
**92%
-
91%-
•
34
•
35ft
7%>
33 ft
15%
33 ft
•
28%
33ft
'I
93/4
*13%
;'■> 12
95
'
i
24
2,800
35%,!.'
!#.. 4%,
L'
5
|
'
3ft.
!, 106%; 106%
44%
:>, 10
~
;
1G
9%
'
>•'. 35%
♦28%
5ft
>•>, 44
13%:
:
.
.
99'A
26 ft
9ft
29
>>: i6
10 ft
r
36%:;
*92 Vz
*15 VB
v
,
■
10
24 Vb
12 Vb
33%
.36%
t
■•:>;•■'■
35 ft
9ft
< ■>
300
>,700
u
1
•
23%
S;>: 3ft
:■
26%
>•
/•/
X23
106 Va
>11%
;> 10
'11% ^
9ft
100
.
( 13 % *
94
23%
•>'
43%
28 ft
v
9ft
■\ 43 V21
5
94
1106%
'
*93/i"
>:-:'•
33 %
:
•j:
>
>06% lOjSft
43
11 Ve
55
55
1
8
Oil of Delaware—.!
92
5 '■>> 5ft
2334i 24 •
:
/:•
■•10
11
8
11
10
Continental
34%
>>
>
47%>.
35%
.
29
>
47'A
•.",,
\
—
42%
99
•
}
,
.
*
i
800
;
33%, >
42%
95%
*93/4
29
71
<
;
24,300
.
«>•:-
33%
..
23 »/8
35
*9%
*13
10 ft
::/>;>>!
*63%
.
j
.
3.800
300
'
> >3%
> 26 ft
r
.
28 Va
13%
No par
5%
10
35,
„y.
450
200
v
»
473A
083/4.
:.i 26%
X9ft
i
42%
29'A
97B
3334
>
.
23%
11%
1
/
106%
■
_.
.
» 3.
98%
*28%
23%
;
3%-
"343A
;w
V
29
106%
3A
106%
97%
1 26
•:'
10 r
*27%
'16
: ,16ft
*9ft 14 •: >■>■
•>'
>-42%;. 43
>'">!'•.'*'• >
•
34V*
.
3ft
•
96
4'>25 ft
L-U 10:
>
22%
,
3Vs *'
:\'/>,95ft'
34 3A-
23
'•>'(94
22%
,
,
33%:
10
f.
t.
V
13 ft
10
»
>
72
48%
106 3A
1
Continental Motors,,
*633/4
4?
28%
preferred ___—No par
Diamond
71 >:
41'A
•
common..__20
Continental
*63%
10
••;
670
»
24%
12'/B
131/4
10
'
;
]
2,700 '/
!
24%
:V
34
l___No par
—
123/«
123/4
10%
42
11%
-com
•.
.
12%
10.
.12%
10 Va ■'
72
:• .7
24-%
24
?
..
15,300
16%
15
•'
'2,100
■
15'A
24 'A
f
80
>00
203/8 V
,
25Vs
2 4 3/8
;*33%
Inc_l__10e
Aircraft
24 >i
>
19ft
16
'
.
24%
y
*14%
15
> 243A
25%;
'
15% i 16
15%
'■:? 41%
10
18
pfd——.100
Co
15%
*14'A
.
'
23
19%
,
;1,900
•
,87%
*24»4
16
% 16 >
15%
37Va! ;>
87%
*22%
20
41ft
95%
Grocers Corpi—1.33 ft
Laundries Corp
6
of Cuba
•24%
24
63 3A
22%
Cqnsolidated Natural Gas..—
Consol RR
15%
,*14 % >15
24%
*10
70
*94
..No par
ll.
'
10,100
I
-
-
8,500
1
■
l.JOO
f)
•
'
Mar 16
19% Mat
v
For footnotes
157
::>• 37'A
20
33%
.
Consolidated CoppemiineS "Corp
8
COnsol Ediwm of N Y com^.No par
63% Jun
27
6
Sales
the Week
62'A
20%
20 ft
Mlft
25 ft
13 ft May 21
Mar 17
Feb
.46% Feb
f3C0
I per share
24%
xl9%
'
16%
>>16
:
243/B
20
33%
x343A
Co_..i
.
24%
20
41%
25
Consumers Power Co
•99
3.
30
86%
62
22
4i%-
Conde Nast Publishing lnc_L.No
par
Congei'eumrNairn Ipci_L.iLL.No par
Consolidated Cigar!!No par
Consolidktod
17% JUly 13
10
140
*154VB
88
213/4
33
preferred serieSij__L_iiNd par
COminenWcalth
*
15
*23%
v12%
r!
*88 >
88
33%
iiijNo par
4%- cumulative preferred.^
100
Contlhental Baking Co com..No par
"$5.50 preferred LLL.!---~l!No par
Feb
1,200
2,^60
*1200
48%
Container Corp of America com..20
10
300
,
8
86
>
37Va
41%
L
com—No par
5
> 93
>>37>v
19%
15%
23%
10
*63%
100
Solvents
Comnionw'th
Textile
40
343/i
Friday
62
*32%
comm6n_j,L-__10
Retail Stores Ine
'92% Sep
283A
Sept. 8
154 :>
62
19%
19%
14%
12%
10
24%
24%
-
,15%
23%
•/•
Carbon ! Co7i._.i__No par
h. Southern Ohio Elec
10
'99% May 25
;
7.800
>
*139'/a
,u
140
/
16'A
8
# per share
21 % '21%
LL;M4%.:;'14:%
22%
*22%
comm6n__No par
$4.25 fcum ^preferred w w.^No par
33% Aug 12
94% Feb 10
•10% Mar" 17
.
70%
46
34%
*1150
♦87%
88
19%
14%
14%
-
22%
Pictures
35% Jun
84% Mar 23
30% Feb .5
*28
140
153
61%
37 Va
61%
37
.21%
•
19%
15%
14 Vb
21%
24%
19%
v
,20
15%
*13
Sy's Inc cl A—1.2.50
,
1
,..__2.50
System, Inc_.No par
Consolidated
42% Jan
70%
Thursday
Sept. 2
v
*1175
36%
*87%
v
!"*:■
19%
19%
100
Consolidated
17
21%
100
106% May 25
<
?:•
,+—
36 3A
873A
*21%
100
16% Mar 20
27
87%
CLOSED..."
20
1st' preferred
2nd preferred
15% May 12.
6
EXCHANGE
19 VB
preferrediia
15% July
.
par
Va July 26
Dec
27
:28
11
24
51;
.lift Aug 20
9% July 16
Feb
557/a
25 Va July 12 1
Apr 30
Aug 25
11
110% July
Feb
5
11
;
13%
May ,21
6% May 21"
21
Feb
May
May
:32
12% Jun
Apr
44%
"29% May 14 '
*18% Jun
41 Va
Feb
106%
-Apr 27
•lift Mar 16
Feb
Dec
106
11
Mar
>'9
Feb
>
••"j .Class B_f___
7
107 Vs July
Feb
Dec
Feb
4 % Feb
> 21
17% Mar
48
.
11% May 20
Fpb
20%
-
July
ft.Jun 24
103 ft Feb
.104% July
Dec
3
36% July 12
>
-
Feb
114%
;
.
29% May 26
11
Jan
38%
104
.28% Feb 10
:27% July 20
:
'
36%
36%
8
Southern Ry
Broad
Columbian
.4
53% July J5
% Aug .30
•25% July 30
'
.
■
Columbia
COlumbuS
13
Jan
.19%
Dec
>
14 Va May
>, 43
May
&
non-cum
43% Jun
.2
Feb
*1150
*1150
STOCK
Corp com_.No par
Iron
conv
nqn-cum
'37% Apr 16
-.
95
15%. -Feb
July
35
Apr
12% Apr
24
Colorado
Inc
•
Feb
30
Jan
'20.
Feb
29% Feb
108% Mar
> 54%
Dee
•
147/a Jun
13% May 2l
:78Va Jun 15
>>2 ft Feb 10
Jan
33%
35ya
>> 32 ft May
>■2 14 V» Dec
30%
Feb
Jan
14%
Dec
>> 11%
94
'31% May 12'
>36% Jan 23
Oct
sl23% .Jan
r, 33% Jan
•
'5
35% Feb
26% July
4
May
•9%
*
Feb
>'115%
>
;12Va May
30
25
32ft-May IS."
9% Aug 17
62% Apr 30
287/s Feb 27
!
v39% Aug
20%
10%
18% Jun
&
cum
"
41«. .-Nov .-'
>-
#' 17
11
22% Aug 26
Feb
par
.No par
-u.!No
Aikman.i....
Mills
Fuel
4%
•11% Apr
104% No?
4o'a May
5%
Feb
-
:jv i°%
Colo
Feb
Apf
.4% May
v
Oct
22%
613/4
C0rp_ii.N0 par
Sept. 1
152% 152%;
152%
61%
preferred
Colonial
Feb
8% May
23% May.
30
Internat
Collins &
26% May 21
20% July 14
16%
>
152%
61%
70
PRICES
$ pet sharp
I per share
153%
70
400
106%
'
$3.50
17%
,
1
61%
3,000
/v.
28%
15ft
28%
'
25% May 18
Feb
t per share
40
109
*43
87%
Wednesday
Aug. 31
153%
Colgate-Palmolive-Peet cora__No
11
11
7
39 ft
*28%
8ft
34%
>
900
;
90
106%
8
140
l5oo
;>
36%
190
*108%
15 ft
34 ft
•
[.'p'-i,
SALE
'
No par
Coca-Cola
Feb
16
>
Tuesday
common.No par
——
1
Apr 20
16
May;) v: 48%
87
A
:
•
Aug. 30.
Aug. 28
2
July
45% Jan
17ft
■
Dec
*
Class
19% Mar 17
"
Dec
30% May
36
Coca-Cola Co (The)
,
:
>11% Dec
63
1332
Monday
36%
*85 ft
1'•" J
*27%
8ft
34 ft
183/s
*160
»
,4
87:'/4
.> *18%
46
*43
'
*139%/ 140
*85
86%
LOW AND HIGfi
Saturday
I per shar$
2
8
>
Nov
36
Jan
63% Jun
18
Dee
31%
10
183
Oct
20%, Feb
,
May
9% May
.
,
"
500
> *84
■
■
40%
» 14%
28
8ft
86%
:
1.000
8V2
107
:
.
33%
8ft
141
*140
__100
*70 Va
*43
28
27%
,
8
343A
3,100
30%
>70% > 72
70%
14Vb
«.
>>30%
109
*106%
107
100
1,500
;
•'
8%
90
29
>,700
:
42%
190
39 ft
tV
42%
>
18%
*28%
■
97
,,
15,600
.
22%
>36%
ft
109
28%
46
14s/a
*85
109
*106 Va
107
*43
15 ft
34%
28%
70%
46
28
1
No par
*108%
28%
107
71
<"36
■>
'
28 ft
22%
! 87%
r
60%
97
:>>
2,100
>> 100
Va
27%
30'A
8 3A
18ft
>39% ','40 I
108 ft
28%
30 ft
*160
90
400
3% ;•
60
42 Va
*84
190
*85%
393/8
108
;
-36 ft
*160
90',-
39%
108%
27'A
36 ft
190" y
*85 ft
>
"x
23 VB
>>' *8%
87 Va
.
97%
23
183A > 18%
.
36 Vfc.
*160
108%
1
18%
35%
190
*85%
*84
21 Vb
»i 42 >
8%
*8%
^7%.f:
18%
35ft
*160 '•
v
>>
>30%
•
42
/•
*96%
K »30ft
175/b
IIVb
33/e
53% > 53
*38
v" 42
60 3A
>■"•:
23
.
53 Va
27 Ve
r
42 ft
69%
"
53
97%
>22%
69.
59ft
41'A
8 34
*17%
3%
27%
*96 Va
>
22,900
4,400
175/8
*38
-27
>
200
42 Vb
11 %
59 ft
da
8%
*84
19
v.
•
41
•r
175/b
42
.-58%
30 ft
>:/ 30 ft
> '; >:
v
:
> 3,300
v>>> 800
55%
;>.! 3%
,
*38
*
22 3/4
4
."IOVb
47%
34%. '34%
41ft
6,800
7,000
/'
*54
-
-
;L 68%
L*10Vb
11%
'L -17 ••!
3%
3V-I
152 Vs 163!c,:.
97%
•> 41
•
•V
r
:
22%
68%
;i7
'
>
*96 Va
>
..
,41%
69%
*10%
17%
3%
41%
9,100
i
-
47%
35
54
2,200
11%
37%
21 s/b >22
''
47%
:
54
V,
68%
y."i6%
17
3 ft
47
34%
54
40%
,
11%
"10%
'
17
"53%
1,900
8%
IOVb
37%
50
'
22%
May
16 % May
',8
.
May
*
12
;
Jan
8%
8%
107/B
36%
*96'/a
EXCHANGE
-
8»A
10%
*22%
4" 4 perMare
5,000
36%
10
YORIL STOCK
5,000
14%
,
14%
10%
27
STOCKS VyL♦
NEW
9,900
20 ft
10%
20%
35%
.;y-
Range for Previous,
3,700
12
10%
>:
26%
2nd pfd
::
14%
IIVb
10%
27%
preferred
92% May 20
,14%
8%
143/e
37%
27%
.
15
>>>' 400
'
? 2,900
10%
No par
com
20%
7%
73A
36%
'
*84
Clopay
20%
.14%
•'! 77/«
12,200
84%
7%
20%
15%
10%
»
'
39
84%
10%
lift
20
200
12'/e
14%
10'A
i
700
.
15
14%12
10 Vb
14
7%
11%
11%
10%
■r
V
7% v
14%
13%
)
.-
1,200
50
•lift
1
par
"
97%
11
58 7/a
gtd
97%
II
.100
Co 7%
RR
97%
11%
58%
preferred
&
*97
"10%
60
com.^
1,100
97% '
*97
5,000
11%
Illuminafing cora^.No par
preferred ...........No par
$4.50
Clev
12%
s
10%
Cleve Ele'c
5
147
24%
13
*27 "
;i
preferred_!.w__100
Special gtd 4% stock
Climax Molybdenum
Clinton Industries. Inc
367/« May 17
81% Mar 18
27%
8
10% Jan
5;
-7% Mar 9
30% Mar 16
'
27 Va
24
97%
v
^,.100
-
35% Jan
'23% May
.
140
100
No par
J8
common
non-cum
3,500
2,300
Clark Equipment Co.!
20
C.C C & St Touts Ry Co com...100
5
July 12
68
13 Vb
16%
42
No
;
5%% preferied„^...
City Stores Li
Jun
107
V ■;
'84 Va Apr
6
Investing Co
4,200
16%
3%
"52%
*38
Milling Machine Co
City
200 '
30 Vb
167/8
u.100
preferred
2
170
79%
30
16%
&"felec coiftt-l.L8.6b
City Ice & Fuel....
Jan
"78'/a
16%.
100
Corp
79
30%
16%
58%
3
79
29%
.
16%'
25
8
! Jun
;'A
'
29%
•
500
•104%' 104Va '
:•::> 16%
Chrysler (Corp
4%
..'79
1044A
5,900
16%
1
Chile Copper Co
Cincinnati
"103%
1,700
7%
16%
28
preferred.!...'
C 1 T Financial
10
Jan ■: 6
:27%
'» t
1
9
15 Va Jan
May 17
104 %
73/4
10%
"10Vs
33
9
7% Mar
'78
Feb
27
13,700
8%
29%
'
243/e
•
...
48 Va July
26
287/a Mar
Feb
94
Jan
7%
12%
69
Cincinnati das
7'4
L
■•
*9%
Chicago Yellow Cab
1
...No par
Chickasha Cotton bil_^_.
10
29% Jun It
7%
'29
'
40%
,
11
8%
*29
24%
67%
101 % May 26
"34%
May.,
85
4
>36%
23
-
24
9
29 ft
10%
387/e
5 Va %
>
8ft
29%
•
24%
68
common
IOVb
1,400
24%
39%
Co
IIVb
100
'
<'•10%
Referred
Childs
17%
:' 12 3/4
67%
&
*17'A
12%
10'A
38ft
n
11
8%
"78
'
12 Va
Pac RR Co__No par
sferies A
»__100
Rock
19
17 %
•17ft
30
"103 %
28%
L 28%
;
46%
10
Feb
20%
!
Jttn
65% Jun
Jan
12% May
'
"42 '
11
Va
48
V
18
79
28%
53%
Conv
*18%
'
•>
"103 %, 104%
"77
' 79
34%
Chic
17%
11%
30
7%
46%
'3
63% May
7%
"33%
2
Feb
23'/a Feb
Feb
28
37Va May27% May
78
7
X94% Mar 1,1
20% Mar 13
21 Va May
>'.■8
•', '4% Apr
-
■•:
: 53%
3
19
19
24%
Paul & P vtc__No par
convertible
2,900
297a
8%
8%
29%
par
JUn-3
52% Feb
Oct
29% Jan
111
71
'10%
8 %
29
preference__No par
$3
xi2% May 18
19% May 27
July • 6
;31
'
.
3
46% July
42% Mar
23
;
July 22
!14Va Feb 11
7% Mar
.
>
■■
17 V2
10%
10%
8%
103 Va
No par
1,-——
St
10%
100
30
29
19%
17%
17%
300
129
29 ft
29 38
*19
2,400
13,700
"9%
.
Chicago Fneujnat Tool com__No
2
"42 Va Sep
22
•10
:
"Dec-
56 Va
■j.
Feb
Nov*,
;
1
21
Jan'
4 Va
'
*>>
Feb
18
•45% Jan
10%
Milw
103Vb
129
V
24%
Series A preferred vtc___^
100
Chicago & Northwest com
No par
>•
5%
prfeferred
1
100
May 21
56>'fluty/
Chic
B—
103
129
28%
19 Vb
50
,
.
preferred
Chic Ind & Louis
Ry Co cl A
Class
*19
29
12%
Co com__50
5%
30
Apr 15
:30
25 Va Feb
V;
9% JUn
103
129
2£'%
11%
.
,
36 Va
103
7%
'
com__No par
Class A....—j....
56%
36
130
103 %
preferred. ..100
Chicago Corp (The).
Chicago Great West RR
12%. July 13
'
Nov-
51ft May
Feb
Feb
27%
23% May'
13 Va Nov'
14Va May 21
55%
36%
103%-'
27%
7%
:__1.25
RR 'Co
55%
35%
I
No par
'
7% Jan
2
"> 4 Va Mar 16
:
7% Mar 16
Feb
s-"
111
60
54%
*129
8%
par
No par
convertible
Chic & East
V ::; 17 Va July 14
>. Jan 24
5
10% Jan
> 6% May'
33 ft
Co..
preferred
3 % %
29
July 13
12, Jan 72
>15% Feb
4% May;
2% Dec
Jan
9
;
11
4Vt May
8% May
,
90
Feb'11
146
54%
3 6 3's
10%
Chesapeake Corp of Virginia..
5
Cl>esapeake &phio Ry common^_25
79% Aug
146
146
54:%
35%
24%
8
Feb
>
.
12%
30
••> 7%
3,000
7,800
24%
25% Mar
9
8%
41%
'.*9%
Oct
45% Jan
54%
*103
10%
Champion Paper & Fib corh__Np
July 19
146
100
8'A
41%
10%
Checker Cab Mtg.J
-
148
V
8%
42
12%
8
-37
8 VB
41%
2,700
24%
15% Jun
Jan
8
400
16%
373/4 >•
"9%
> 9 V2 Mar 16
54%
*36%
24%
Feb
102% July
3 Va Apr i
5% May
>
Chain
May
163/8
37%
1
-
6
16
16%
"36%
>800
5
Corp..,
14
Belt
.-16%
130
28%
11
$4.50
35
104
*77":
Jan
Va Jun
25
343i
130
29
pfd.100
100% Jan
V 33
36
*103
29
17%
30%
V
Dec
•
Feb
"34%
104
%
r100
Products
160
28%
36
17%
f
Copper
9,300
'
28%
'41%
*146
148
» 54%
19ft
20 Va
Jan<
40%
24% Feb 28
Paspo
"' :
8
Shafts
5 Vb
16%
41%
for
107
37%
*36%
P
5
107
29 %
35
*18'%
par
de
16
5%
"28%
'"A
36
Sales
the Week
Sept. S
I per share
107%
107
130
28
0^ New Jers
Certain-teed
1
May 24
56%
No par
Corp 3.40%
*
5%
1
'
28%
*34%
40%
*145
108
28%
15ft
"•:'
5%
; 5
*107
36 %Y
40
36%
130
Century Ribbqn Mills..... ^
29
Cerro
Feb
10 Va May J
Jun
28% Apr
Jan
55
,9.50
20
8
35%
*]03
Co'
:->-
Friday
Sept, X
'
No par
Sugar C.'
19
8
42%
14&
.„>•
♦145
Np par
Co
~T5 ft
.
>»5b%:
20
Sugar
Violeta
10
Oct
27-
Dec
Central
'13 Va Feb
110%
>
19% May
100%
tCentral 'RR
May 21
Pr
22% Feb
Jan
"
30
NY
11
8Va Mar 19
> 35% Mar
Nov
Central
15 v
6
'
11% May t
8
16%
38
75a
No par
!
34%
,36
4034
100
preferred
,■
28%
3434
*36%
___100
Aguirre
28%
1
:
VB
107%
16
>
CLOSED
com__No par
common
5
107%
25
preferred.,,,.:
May 27
39% Jun-17;
23
serles_____60
Corp.;
4%
Thursday
I per ihare
per mare
109
*34 Va
EXCHANGE
10 '
T
I per snare
5%
PRICES
Wednesday
Sept. 1
28% > 29
STOCK
.
of Ga Ry Co vtc,
Nc> par
preferred series B vtc
100
Central Hudson G & fc) corp__No
par
Central 111 Light 4%^%
pfd-.l_100
j
Oc?t
5%
*108
5%
83
Jan
g
preferred
Corp
SALB
Aug. 31
$ per share
Central
3
Jun
:
common
Central Foundry
6
'8% Mar
102
16%
Dec !
22'/a
18
12%
,
Dec >.
>11%
7 Va Jun
Feb
96%
-
Jan
38% July
General
1st
Central
*
'
4%
pefehart
No par
i
comnion^.
x
Co
i)
2nd
5%
1
12% Jun
Aug 25
29
$4.75
7
11V4 Sep
Light
preferred
Celotex
5
18ft Feb
28
&
t
Ry_. • 100
Co
Caterpillar Tractor,!
I
Celanese Corp of Amer
2.
20 Va Jan
(J
7%
May 27
34% Jun 25
•
7%
Case
68% May 15 vf
39%. Jun
9;
July
Corp
HIGH
Tuesday
Aug. 30
1
;
Ohio
&
Steel
preferred
Carriers
1401
22% Feb
19% May f
-
Carrier
Conv
&
Power
Carpenter
147% July 15
156
,
12
52'/a Jun
53
Feb
Clinch
AND
Monday
Aug. iX
••'• Par
Airlines, Inc
Carolina
Carolina
May 20
64
130
xl7ft
*9
287/«
Dec1
"
130
Capital
2 "
19% May 2i,
43 % Jan
8
i
Saturday
•
•
■-••''•A'';:
JUly 28
108%
>
17% May
x97
19%
•6% Mar
35% Mar
Dec
158%
Dec V
Mar 16
35Va Mar 30
7% Feb
29 '/a May *
132
110V» Jun
EXCHANGE /•;'
'
8% Mar 22.
Jan
LOW
.
NEW YORK STOCK
i per share
■
50%
v
Dec !
/ 38
'$ per share
39%
-
STOCKS
Range since Jan. 1
Lowest
Highest1
->■
19ft Apr 16
(
.33 ;
55
•
Jun .14
July 12
Continental
$>teel Corp.—r— -14
Cooper-Bessemer Corp com,,No par
$3 print nrpf»rr»h
'Vn
ni»«-
i •>>>'■
xl6ft
29%
29%
54%
54%
g*:
,
29 3A
*54
%>
•29%
54%
>17
>:■/ 293A
'*54 ,-V
17
,
30
30 ■••,;
54 3A
>
;.
*54
>
30
543/4"
17ft
:
17%
29%
293/4
> *54 Vs
54 ft
■
4
:
5
1,200
-
20
!
..: >
■,,.'■>
(954)
18
11.-.':
v-v >■>>.,>>:
•■it.-
NEW
YORK
RECORD
STOCK
Monday, September 6,
1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
-
<>>>:.;
■,
11 t*
—r*.
Trrr—■
Kante for Previous
I per
S per
13 Mi
Jun
Deo
share
65
42% Mar 24
48
11
15% Jun
12% May
61% Deo
20%
Feb
10 Mi Feb
61
Jan
50
Feb
13
18% Deo
32%
Feb
18% Feb
5
Deo
105% Feb
92
Feb
105% Jun
92
Jan
Deo
59
195
Aug
1
4% Dec
8% Jan
3% Aug 13
5% Jan
4%
2 Mi
Aug
9
3% Feb
2
Feo
13
39% Jun
94% Aug 31
98% Jun
2
Jan
15
24% Jun
8
Deo
29
Feb
40%
36 % May
87
Jan
Mar
107
13
9% May 13
11%
Dec
16
Oct
32%
Deo
30
Jan
x21
41
Deo
62% Mar
39
Mar 18
17% Feb
Crane
14
1
46% Mar
86
Apr
34%
Oct
26% Mar 16
Deo
108%
Feb
91% Feb
24
103 Mi July
105% May
130 y8
Oct
102% Feb
18
129
Jun
37%
Feb
22
Feb
10
28% Jun
$2
14
Jan
66% Mar 17
78 % Jun
2
Jan
17
17% Aug
9
,23%
'96
12%
Deo
Sep
9% Sep
Mar
101
81% Jan
19% Feb
Deo
34% Oct
27%
6% May
113% Jan
Feb
147
Dee
Jun
70
Mar
46
132
Feb
61
4% Feb
18% Feb
13
,
Aug
2
July
56 3A
19%
92 %
94 %
95%
*94V4
62
,61%
62%
*noy2
172 Va
61%
*170
V.:
24%
24%
24%
24%
*23%
24%
1,000
22%
2,100
21%
40
39
39
29%
30
30%
113
*103%
75
74
30%
.,*30%
...30%. .31
175-
*160
•
•,
11
'11
'•
14%
*14%
ll3A
18% 1
18%
18%
11%/;
11%
11%
55% V.
:>/ 55%
55%
10
10%,/:
9%
10%
•132
'.?!•> 26%
26"%
137
,
26%
.
*132.
-V
.
138
26%
v
f
•
140
14%
100
19
400
11%
12
15,400
,
146
;>56
56
56%
56%
600
10%
28 y4
*132
86
*142
10%
10%
10%
23,000
26%
>26 %
,> 25%
10 »A
10
:
,
5,500
*18%
•
12 Vs
:> 11%
55%.:. 55%
*55
>26%
14%
19
19
146
*144
144
144
148
>
10%
*83%
14%
183A
11%
87 Vs
*14%
147/s
18%
v,
1,900
175
9%
*82 >
<>87%
f 87%
*14%
•
v-
'
199
*82
*82%
14%
1,030
16%
•
*160
'A 100
31%
*<16%
180
10
3,100
751/8
*31%
16% > 16 3A
140
25%
*73
32
31%
10%
10%
11
11
.
25%
*160
175
•
10%
105
75%
31%
-
4,200
101
25%
*73%
400
30%
*100%
25%
♦16%>»163/4f
*160
40
•
100
109
*100%
74%
30%
30%
*
16%r>
30%
25 Va
*73
•: 74
40
100%
100
•
22
40
*39
109
24%
24%
22%
31%
22%
22
21%
40
29%
24%
•144
100
1,400
24 'A
rll3
11%
4,900
>
94
-
24%
*18
34%
10%
108%
87
34%
*91%
10%
24%
*83
700
10%
•104%
•14%
2%
94
101
10%
200
.1,000
'•••:' 2%
10%
100'A
<175
3,700
4
10%
101
;*160
94%
95%
'
101
'.,.16%
340
2,700
10%
:•
40
*74
/:5k-.
10%
100%
V
19%,
'
34%
*91
•'
•
'
x34%
56%
19 %
-j
*92%
4% v., 4%
2%
2%
34%
*91
1
172%:
r
56%
,"v
•
94%
34 y4
34%
94%
700
>
*94 Va
•
5,000
'
-
19%
>>, 2% > 2
100 %
Inc
pfd
12
*
4%
4%
29 %
preferred
Cushman's Sons In* 7%
2
*11%
62 '/a
29%
Clai*
1
28 M» Sep
137
Jan 27
113A
19%
*20%
21%
21%
*39
No pa*
•
Cunningham Drug Store*
Pub Co (The) com—No pa*
87 preferred
No pa*
Prior preferred.
Jlo
Curtiss-Wright common.
May 14
34 %
*24
No pa*
47%;
19%
*56%
llV/2 .171%
•
94%
35
95
92 %
61%
2% >■ 2%
24
.No pa*
*46 %
S
19'A
94 y4
95'A V
*94 V*
v
4%
4
24
Curtis
12% July 21
11
133-
Apr
Feb
30%
18% May
150
Mar 11
48
Deo
21%
12% May
139
122% Feb 17
..
Feb
6%
>4% May
•
11
Feb
7
>
r-
2%
34%
171
*169%
171
*10
84 2nd preferred-
24% Jan 13
13% July 15
18% Aug 20
Nov
12 Mi
62%
V; 4%
*92
*
95%
62%
/ 19%
94%
*94'A
62
2%
oom_.1.59
now
Crucible Steel of Amer oom
4
Jun
177
3
17%
Dec
82%
34
1
11
Apr 21
155
Jan
»
*92%
95 %
61%
10%
Cuneo Press
26% Mar
12% Feb
94%,
•92%
-No pa*
conv
19%
a
preferred
5%
56
19%
10l/s
84.20 preferred.
14
56
19%
1
17% May 18
Oct
Jan
*16
St Seal
56
19
Shares
19 3A
47%
11%
>
;: 56% /
56
55%
.190
Corp (The)
19%
Sales for
the Week
Sept. 3
8 per share
*46%
11%
29
.
America.
13
34%
21 %
165
of
14 Mi Aug 26
Deo
May
13% May
165
Jan
11%
♦4
1
1
13% May 21
88
July 30
66
11%
•94 %
—.199
Cuba RR 6% non-eum pfd.
199
Cuban-American Sugar oommon—If
7%. preferred
109
-19
Cudahy Packing Co common.
.109
4%% preferred
22
*11'A
*169%
Crown Zellerbach Corp oom
1
May
11%
>'
M
Sept. 8
19%
19
;
Friday
8 per share
47%
CLOSED
common
Cork
Crown
1
88
19%
*46%
of 1947—199
ser
preferred-
Cream of Wheat
6
34% Jun
Co
3%%
Creameries
26% May 27
11
Sep
-
lSYs
47%
STOCK
7%
2
2% Deo
,
•46%
EXCHANGE
Refining oom
preferred
Coty Inc
Coty International Corp
Mar 19
177
19%
47 7 a
*11%
Corn Products
66% Mar 24
Aug 11
3%%
Thursday
| per share
9 per share
*46%
Exchange Bank it Tr
Cum pfd
•
I per share
xl9
Corning Glass Work*
3%% preferred
July 21
98
Apr 30
168
75% Jan
61% Sep
11
97% July
12
170
Com
57 % July 14
9
Dec
V
Convertible pref 5%
"
88%
88
share
Cornell Dubilier Electric Corp
15
23% Jun
9 per
Copperweld Steel Co
May 20
Feb
Aug. 30
Aug. 28
Par
18
20% Jun
11
Monday
gatariay
STOCK
YORK
I per share
share
Feb
13
Oct
17%
44
1 per
.
EXCHANGE
Highest
Lowest
Highest
share
NEW
Range sinee Jan. 1
Year 1947
Lowest
HIGH ■ALE PRICES
Wednesday
Tuesday
Sept. 1
Aug. 31
LOW AND
STOCKS
.-
:
145
*132
29 i,
20
26
lOilOO
140
*132
140;-
29
145
'
Cutler-Hammer Inc
x31% May 26
21 Mi Mar If
No pa*
*28% X 28%
28% /;
28%
29
>
29 »
,29%
29%
,:.24%
>*93%
24%
*15%
16%
700
.
D
19% Aug
80 Mi NOT
14% May
30
:26% Sep
97
Feb
25
18% Feb
> 23% Oct
34
Jan
;
24% Oct
35 Mi
Dee
-
82%
Dee
84
Dee
14
28% July 14
31% Aug
28%
28%
28%
series A
.109
87
87
Preferred 3.75%
series B
—109
*88
89
3
15% Jan
5
Oct
30
29% Dee
29 Mi Feb
Feb
7% Feb
Jun
15
2
Deere
7%
42
5
Co
A
18
25%
Hudson
11%
'
34%
:
./
28%
Escrow ctfs tor com
109
109
44 Mi
Deo
30%
Dec
27% Mar
20
Apr
9
21% May 17
Detroit
90
20%
69
Auf
62%
Oct
58
Jan
0
60 Vs Jan
Detroit Hillsdale A O W RB Oo—109
*58%
11
13% July
10 y« Feb
26% Oct
(v.-18
<*80% May
35% Apr
22
Jan
12 % Aug
31% Feb
22% Feb
47
Jan
35% Mar 12
42% Nov
50
Jan
38
17 %
24%
13% May 24
22 ya Mar 18
10% May
!> 17%
Jan
Oct
'
Deo
25
Feb
16% Jan
10
21
28% Jun
46
3
6%
90
>. 11%
■
8%
Oct
14% Mar 12
Sep
29% Feb
May
19% Deo
55%
Oct
47% Mar
Distill
86%
Jun
8
56
Apr 21
Class
Dr.
Feb
13% Aug 31
23
Jan
39%
Oct
29
13
40
Jun
16
Doehler-Jarvls
16% May
45 Mi May
21%
Jun
13% Aug 16
19
Feb
24
Dome
67% Apr
15
Douglas
36%
Deo
91%
14
Dec
May
80
76
173
May
115% Deo
92% Dee
110%
Sep
14
5
Jan
47% Jan
2
42% July
Feb
32% Feb
20
Feb
6
106% Jun
15
114%
104 Mi
48
.
Pepper
8%
83A
»
90
Feb
13
106% Jun
21
Jan
0
31% Jun
21
,.
'
./>'
34%
%» ^>35
''
•30%
*34%
35 Va
>>*34%
,>35%
35%
34%
; 35%
30%
30%
•31%
48
48%
'■•v:
30%
47%
11%
•;■/>> 11% >11%
>
47%
47%
47
11%
11%
11%
>>;/; 11%,
83
Jan
2
98
-
July 16
3% %
12% Feb
11
20
-
May 15
Dunhlll
12% Mar 11
18
May 20
Duplan
197
July
~
164
Mar 18
188% July
129 Mi Aug
107 Mi Sep
113% Jan
28
Feb
11
115%
111% Aug 24
Jun
94
19% Mar
124% Jun
3
Jun
22
15% Jan
Mar 15
13
<
17
997/a Jun
2
116
;
.
8 per share
8 per share
t per share
19%
Jan
25% Aug
19% Feb
16
Nov
24%
Apr
14 %
51
Jan
42% May
163
Deo
48% July
198% Oct
42% May
18% Deo
Deo
88
57%
25%
16% Aug
104
Deo
12
17% Feb
82
46% May 15
175
Jun
17
65% Jun
14
13
19% May 17
8
92 Vs Jun / 1
Mar
13
Mar 16
Feb
99
Sep
16% Jan
106
3
Jan
2
12
6 f*
-19
Kodak Co
Ekco
common
preferred
I per share
STOCK
preferred
20
56
13
16% Mar 24
Electric
; 39%
32% Feb
19
37% Jun
1% Feb
11
i
3%, Jan
19% Feb
July
139
Feb
Jan
*
13% Feb 11
Feb
158% Jun
24% Mar
49% Feb 10;
14% Feb 19
48% May
8% May
11% Daa
•7% May
183
May
3% Daa
«% Daa
69% Oct
17
1
107
12% Jan
Apr
Mar
4%
Deo
67
85
Mar
Nov
7% May
17% Daa
10% Nov
33% May
xt% Deo
M
May
••% Jan
13%
50% Feb
64
Feb
24%
Jan
50%
:
34
Jan
8
27
104
Jun
38
.
5
11
Aug 19
5
Jan
Feb
10
% Aug 30
40% Mar
El
9
■
5% May 28
16% July 12
65% July 15
68% Apr 14
r
9
Jan
14
common
conv
;
199
5% preferred serlee A
Erie A Pittsburgh RR Co
Eureka Williams
Corp
Evans
5
Eversharp
44%
18
"~4%
Mat
fi%
For footnotes
Feb
see
62%
18 %
•/
90%
10
13%
13%
1,200
.24
/
7%
64
49%
.15%
15%
15%
15 %
35%
35%
1%
1%
36%
>
1%
1%
;•/:
21%
21%
*153
*137
51%
•
15 % '■
*51
65
*42
72
17%
12%
12%
12
X16%
16%
16%
32%
17%
33
*32
100% 100%
*4%
*100%
4%
15 y2
,59%
*4%
59%
65
15
59%
*60
5%
14%
*14%
8%
*8%
41
.
5%
22%
46%
7%
30
'
7%
•>"
•21%
3,900
15,900
■
800
157>' ;i5T>i>
.
•
140
*138 1
'>
'
•
*51
15
15 '
.:
>300
51%
*50%
51%
15%
>>1,000
1,000
15%,/
24%
15%
24%
*24%
24%
65
*64
66
24%"."
*45
73%
17%
17%
,.
,.
74
■•:
17%
./.
47 A
74
74%
17%
.
400
'
A
*45
45%
,•
66
>*65
_____
1,800
1,700
17%
17%
12%
12%
16
15%
16
33%
:> 33%
33%
*33
34
33%
%% 600
2,400
12%
.16
if
;:/,
74%
16 %
33%
101 >:
4%
*100%
5%
30
7%
60
*100%
4%
15%
16 V4
•-•.-'15%
eo
60%
:
14%
8%
42%
5% ■/ 5%
45
45
30
8%
41%
"
5%
,"30
22%
7%
-~
22%
~
7%
65
6%
•; *6
15 ;
8%
101
> V 4 V2
*60
>42
./
101 >
>
6Vs
*14%
•
4%
65
:>> 5%
12%
♦100%
15%
59%
*60
;
12%
4%
>',15%
15
8%
101
4%
.
59%
45
-
•139-> 141
>•, 300
134
♦12%
22% ; 22%
7
157
8,100
'
22 %>
>15%
5%
*29%'
,
51%
45%
17%
41 >
45
-
"
140
22%
s
...
36%
-
.16%
♦5
46%
"22%
21%
156
;. 73%
;.
41
5%
1%
•42%
••'
65
5%
> *34%
1%
;
500
2,300
;
1534
'
15%
5%
36%
1%
65
.12
'.,'•
15%
23%
46
.72
17
X15
65
*42%
73%
>
>51%
"23%
*62%
:
46
73%
*137
15%
*34%
22%
;>>
,50%
50
X15V4
157
10
*6% :.;/-7 ,•»
7%
50
»
500
'
51%
15
23%
-
155
,
141 >
.*t;'
"15
24%
•
155
>21%-.
99
>99
100
*6%
49%
141
65
•
*99 >
*6%
49%
1%
*14%
•••-
102%
7%
-v
2,000
*83%
13%
48%
♦35
240
64'A
18%
48
21%
6,300
',:>i
164%
-18%
15%
36%
44
1,900
18%'
49%
•;
2,600
>
64
*99%
*6%
16
17%
17%
102%
7%„
16
62%
*99%
29%
page 26.
43%
♦17%
900
21%
>164%
18
Shares
share
'
102%
Falstaff
Farnsworth Televls'n A Rad Oory_l
43%
164%
Sales for
the Week
17%
•
>
13%.
v
200
21%
'A
90%
Fajardo Sugar Co of Porto ~
11% Jun 16
.,.
62%
/
■
4
43%
163 > 164%
44
x43%
X164
•;>F8%
Fairbanks Morse A Co
Me pern
164
8 per
17%,
13%
155
GO
13%
Sept. 3
16%
90%
155
400
Friday
•*
21%
13%
:
200
96%
115%
*13%
16V8
*88ya
1%
117%
*117
17%
13%
'36%
100
6.700
■
172
*114
21%
88%
r. 21
?;
1,700
15%
170%
>
88%
>
v
>-•:
4,000
•,
B'94
-r/
^ 16% -/■ .4
15
:
7-:
*13%
32% Aug
5% Mar
"
21%
13%
•
*15
.<
8 per share
*99%
.
•*273/a rf*27%
?i*91
•;
y
89%
6%
1,200
103%
*95%
13%
24
Brewing Corp.
.
is
>41
-9J9
21%
44
v*17%
48
200
101
103
■•13%
Sept. 2
$ per share
61%
54% Jun 10
Apr 23
43%
61
'
1,700
9,500
5 Thursday
16%
;
54%
47 Vs
115%
*13%
Sept. 1
17%
8%
Inc
13%
54
:>•• 46%
»•;.
96
96
•
*114
16%
26% Mar 17
Apr 14
172%
116%
116%
Wednesday
Aug. 31
8 per share
14%
Products Co
Corp
Exchange Buffet Corp—.
Tuesday
,
*60
109
13%
6,200
LOW AND HIGH SALE PRICES
15%
—
13%
•160
No
Ex-Ceir-O
3
>
2,300
14%
*100%
15%/
172
114
>; 17%
20
31% Feb
*13%
62
l
common
11% Jan
114
>
17%
«
preferred
20% May 17
114
>
■>> >>
16%
Electric
49% May 3
7% Mar SO
96
21%.
19
Equitable Office Bldg
RR
117
*94%
17
69
Mfg Co.
Emerson Radio A Phonograph
B
Empire District Electric Co—19
Endicott Johnson Corp eommoa—99
Erie
*116%
95
16%
*50%
19
preferred
Natural Gas
Emerson
116%
>95
172 Va
35%
14%
,'94Ar,
15%
200
15
35%
27%
■A'"
533a >>
> 52%
V
102%
27%
>,
15%
166%
'
46%
,15% v.15%<
15%
168
53%
100
200
.
'
101
*91
21%
Battery—JNO]
preferred
Paso
10
9
16% Aug 27
2
7% Mar 17
-
13% Aug
\
22
•
5% Aug 17
xl4
Mar 17
Oct
60
6
;
Feb
25%
5%
6
3
20% July
15% July
9% Feb 11
i
Feb
83
Feb
4% Jan
12% Feb
47% May
46% July
?76.Jun
Co
5 % %
15%
14%
16 %f
;•
1,400
17
>>*13%
94
.
/
Elgin National Watch Co—. .19
Elliott
*91,;.
*15>
500
'
■:> *31% J :32%
15
102%
267/8
v
16 Vs
*16%
35%
52%
A
•137'
Electric Storage
6
14
"
165
Jfo
0
14
7,3/0
•"•';■•
!
53%
*100%
17%
'.'>15 Z
preferred.
Jan
1,100
16%
14%
102
26%
16%
62
ooss—ltopas
Nepal
preferred
$6
74% Jun
13
x29% Jun
97
67
37% Jun
12% Feb 11
9% Mar 18
19% Jan
38
4
16%
>>>■45%
16%
9
100
16
16%
45%
101%
300
■
•
»v
45%
>> *52%'.
100
21%
v
13
23%
*44
16
53%
44 3A
>:
•160
common.
17
Aug 19
55% Feb
v
Deo
Boat
•6% Jan
.22% Aug 11
59 % Aug 17
45
7
Elastic Stop Nut Co
Electric Auto-Lite (The)
143% Apr 28
123% Feb 11
67% Oct
10
2% May 24
23% July
10
1
13
•16%
>16%
143A>
53%
94 %
•
*113%
Monday
•
300
23%
...>,
1,200
44%
35%
17%
Convertible preferred
JVe
Elec A Mus Ind Amer sharea—_
Electric Power A Light
Jan
Jun
/.::>>
12%
24
*41% >42%
*13%
14%
>'
116%
>
*
13%
*88
---.
12%
42
14%
100
166%
114
44
7,300
'
21%
199
Feb
8% Jun 24
v
23%
44%
>
>16%
iQf
Feb
5
23%
35%
35
>
26 V'a
15%
8 per share
oommoa—S.IO
11
5% Jan
102
-,
*15
Aug. 30
19
43
18% Daa
95%
CLOSED
Products Co
4%%
*91
»
44%
25%
>>
15%
116"%
Edison Bros Stores Ino
eoauaosL—1
.4%%
13
*12%
>>>42
15%
*13%
n>
•>'..>■ •'■
100
*101
172%
f
cumulative preferred—109
Manufacturing Co
O
Eaton
16
15%
52%
44%
102
•15
EXCHANGE
Stainless Steel
Eastman
44%
15%
4
14%
5?
>,A .,-26 ■>>
*91"
94
•15 '
16%
;
Aug. 28
33% May
>
102
35
*98%
•
X26
Saturday
Feb
47
99%
5
STOCK
Feb
156%
45 Vs
95%
Far
Eastern
10
14
35
53%
114
Eastern Airlines Ino
47% Feb 28
13%
■
■:>
T4"',;
*116%
Eagls-Plcher Co
38% Feb
Feb
YORK
22% Jan
162% Jan
Deo
43%
15%;,
*52%,
14
169%
EXCHANGE
8
42
64
■
33%
*13%
20% May 18
Feb
Daa
*32
53%
99%
1
8%
138%
33%
*52%
12%
23 3A
41%
'
25% May 27
27%
171
*32
53%
53%
1st pfi
2
111%
Sap.
32
44%
—.109
16% Feb
S
32
>
65%
11% May
Dae
17
13%
_li
4% May
•0% May
10% May
148
*16
14%
No par
27
Aug
Feb
109
17
12%
233/4
>
;:>/>
1,800
21
24
*16
35%
I per share
16% Aug 11
>14% Deo
%>:'',
6,600
>53%>>>
20%
25
16%
Preferred $3.50 series.
NEW
*23%,
16%
•>
15%
*14
International—,
Highest
•
12
>12%
12%
24s/a
15%
V>.
:
53%
Preferred $4.50 series
Range slnee Jan. 1
Lowest
Highest
6,000
36%>
*58%
64 >::
15
15%
15%
STOCKS
Year 1947
2,400
1.000
'
.
33
common
Duquesne Light 5%
DWG Cigar Corp.
400
11,000
>> •
47%
53
>
20%
43
%>
*52%
Corp
Range for Previous
Lowest
12%
*24
%•>;<:
53%
*58%
{43
43
15%
Du Pont de Nem (E I) A Co
9
24
64
'
preferred
conv
12 Vs .>:••
*24
20 34
*58%
v
42*1.;,-:
43%
35
common
35
36%
37%
12%
^
No par
60e
Feb
"
53%
20%
;
:>
;>
>> 53%
->'20%
36
42
*31
$3.25 2nd preferred—
Feb
207/a
64
>
53
52%
-
36
35%
35%
23%
No par
NOV
2,000
12%
-No par
Industries
9%
30%
17%
series A
Dresser
9%
42
-No par
.No par
Co
> 9%
9
.
23%
15%
Aircraft.
150
3.300
12%
Coi
Chemical
480
:; >"
11%
23 %
.No par
.No par
Ltd.
88
12
23%
*41%
S
Co
Mines
$4 preferred
21
19
17%
Deo
Dow
July 12
Oct
98 Mi
<
97
Dec
;23
Deo
10% May
14% Nov
Feb
Car Co
J
Sep
88%
34
3,800
,
88
10%
11%
*12%
~
•16
38% May
28%
87
*87
35 3A
?> 12%
12%
39
A
1,900
35
20%
24% ;> >
12.60
common.
89%
v
100
25 Va /
-
■
34 :1-V
*58%
.,
12V4
Dlvco Corp.
Dixie Cup Co
41
87
88
11%'
30%
52%
20 3A
24%
Corp-Seagramj
2
10
52% —
64
1
partlc preferred
2
19% July
52%
9
Motor
X
:> 28%
>"
100
17%
25%
28%
35
X34%
1
Co
T
28%
87
10%
36%
35%
Match common—No par
Diamond
xl9% May 21
19%
40%
49
Diampnd
19% May 26
Dec
for pfd
Devoe A Raynolds class A
46% July 29
13
May
15 %
35
De Vilbiss
2
10
Jun
ctfs
Edison
Detroit-Michigan Stovs Co
Detroit Steel Corp
1
Mar 17
13
Jan
26
Jun
14% Aug
Feb
18%
11% May
•
9
.
>V.,:
'
35% May
July 15
25 »/a
•;
34
n%>.
Dee
.58
17%
25%
900
91
*17
*17 •>'•
28 Va
87
*88%
11 %,'■:/>
./ •••. 8%
47% '
19%
32% Mar 10
16%
25%,
,30%
47%
10%
6% May
.
•
91 »
34%
47%
19
Escrow
39% July 15
14% Feb 11
24%
*89%
*16 ->
Denver A Rio Grande West RB
>>
24%;
1
'
30%
*30%
109
Delaware Lack A Western
■;.«
36%
35%'
19
/,
90
/
*33%
No par
preferred
Delaware A
13% July 12
*17
87
*88%
8% •'•' 8%
-60s
common
%';■;>
28%
*86%
»■/
11%
11%
Deep Rock Oil Corp.
24
50% Jun
11
60s
Decca Records Ino.
46% Jan
20
38% Jan 20
Feb
Dayton Rubber Co
34% May 24
34% Aug 12
10%
1
Preferred 3.75%
Oct
-•
15 Va
'
17
9
>•>
91»
16%
17%
10
13% Jan
24%
*89%
25%,::
Jun
9
: 24%
.
:>
;
17%
Jun
Vs Sep
-8% July
45 Mi Mar
16
25%
94
Feb
i% May
91.
*15%.
17%
94
46%
32% May
*89%
25%
'.'>24%
1
2
10
Feb
45%
Corp (Tbe)
Dayton Pwr A Light oommon
4
16%
*17
Chemical
»>
24
'•
>
•91
*15%
5
38 Mi
S3
Davison
» 24
24
24
♦89%'
Jan
20%
31
-V
-106
series A
Jan
Sep
Aug
May
11
3%%
Davega Stores Oorp
5% preferred
84
Feb
23%
20% Jan
common.
85
101% July
101% July
12% Sep
94% Jun
9
24% Feb 25
Jan
Dana Corp
Cum pfd
10
24
2
17% Jan
6
15
16%
30% Jun
,
4
87% Mar
13% Mar
Sep
'
Mar 18
.
*45%
30
>22%
'"•
7%
•
60
50
.1,400
21,500
1,600
65
5% ■■■;
*14%
*8%
46%
1
•'.:.
16%
60
8%
5%
500
4 •' t."
-
4 %
*60
14%
42
A
*42
*5%
1.400
6
300
15
1,200
8%>
s
42'A
45%--45%
,
29*8
800
500
5% •>
-
\fQ°0
30
29%
22%
22%,-22%-y.J-JJJ
7%
v"7% - 7%
"
Number 4731
168
THE
COMMERCIAL &
NEW
Previous
Range for
Pear 1947
r
Lowest '"-r;
Highest
'
Lowest
16%
14%
11
Dec
Feb
20
15 % Jun
42% Mar
35% Feb
11
43
Dec
23% July
14% Feb
16
Dec
9% May
8 Vi
Aug
20% Feb
9
26%
Feb
20
Feb
10
26%
Jan
18% Mar 17
Dec
20% May
59%
42% Jun
Feb
61
46% May
Feb
43.
Feb
14
14% May
21%
Jan
May
39%
Oct
31% Feb
99
Dec
110%
Feb
*98
May
41% Jan
30
01
Dec
40% Jan
12
9% Mar 17
33
Feb 24
12% May 24
47% Jun 14
32% Dec
19% May
23% Mat
3
25% Jan
8% Aug
-
9
60%
May
'
35% Feb
13
Jan
Feb
22
Deo
Jan
39
11% Nov
<18% Dec
77
24% Feb 27
22
Mar 18
12% Feb 26
26%
12% May
"36%
10
Jan
:b% Deo
17%
7% Feb
47
12% May
14% May
4% July
43%
18% Feb
Oct
11% Feb
13
Jan
99% Mar 24
58% Oct
102
9% Oct
13% Feb
149% Dec
11
"■
185
Dec
8
Apr
•••'.37
Sep
83% July
73
Jun
137
Apr 22
34% Mar 10
82
47% Feb
Dec
33
Feb
19 % Aug 11
24
160
Jan
128% Aug 19
31% Mar 11
144
.
32
39% Feb
45% Jan
May
34% Deo
87
Dec
103
10% Dec
43
May
123
Dec
131% Feb>
xl22
81% Jan
28
Jun
2
17
108
Jun
60% Mar 16
65
Jun
125% Jun
119% Feb
19
107%
Sep
93% Feb
17
99% Jun
Jan
17 Vi Jun
26
Dec
2% May
11% Dec
>19
May
125
Oct
«
Mar
S
2% Feb
21% Mar 16
Feb
124
36%
22% Feb
Jan
19% Apr
Jan
Feb
13
13
Feb
Apr
30
Dec
25
100
,
98% Apr
31% Jan
40% Feb
85
Dec
108
Nov
08
Feb
~
.
■
30
Pbb
03% May
00
t
Dec
27% Feb 13
39 V»
Jan
90
96 Vi Jun
20
Feb
17% Feb
Jan
79'
Apr 30
26% Nov
21
Mar 17
58
48% Feb 27
103
22% Dec
61% May
8% May
104% Jun
21
Feb
4
124
Oct
113
33
Feb
Jun
71%
09% Dec
61%
3
Feb
Jan
16% Feb
Dec
23% Dec
00
Dec
9
May
14%
Feb Y
Dec
37%
Feb
12
20
23% Jun
14
5% Jan
2
17
8% Apr
23
15Vi Aug 20
Y18
Feb 11
'A 17% Aug
33% Jun
14
33
Jan
24
Feb
16
Mar
00
Feb
26
9% Mar 16
20'
Mar 27
Sep
12% Jan
19
15% May 21
36% Feb
11
50% May 15
23% Jun v 1
20
Deo
163% Jan
59
May
70
29% Oct
14% Dec
£.<
02
"■■•••
July
12
Dec
105%
Feb
"5%
22
132
Feb
27
60
Apr
10
29% Feb 21
13% Aug 24
Feb
6
01% Apr
16
10
Jan
V
May
'
6% May
'"31% May
..
5% Mar
27
9
17% May 17
13% May 17
98
Jun
4
25% July 12
•9
97
Dec
85
Feb
7
Feb
12% Feb
11
51
77
17
Jan
40% Jun
9
14%
Jun
14
July 21
20% Jun
23
:
1
Dec
44
Feb
Iff
58% Jun
16
76%
!lVt '67
% Apr
13% Dec Y
145% Jun
>
14%
>9%'< * 9%
43%
10%
10 %
.
Dec
87% Feb
10
81V
21
16%
Sep
14
Jan
2
Jun
18% July
9
15Vrt 15%
14%,a5%
%15
9%
9%
9%
43%
v.;
43%
3,600
10%
10 Va
11
10%
12
21 Ve
21%
82%,
*43
1,200
44
V
:-
.
82%
V
11%
12
1,400
21%
21%
5,200
82%
270
'
20%
20 Va
*82%
83
82 Va
82%
*82%
♦7% ;
7%
YY,
8 Va
7%
*82
7%
7%
8
8 Va
8
8 Va
8
*18%
18% ;
*18%
18%:
•18%
18%
*11 Va
11%
*36%
47%
Y
7%
•
7%
7%
7 Vi
1,200
...
*
Y, 8 Ve
8
8 Va
5,100
*
&
*18%
18%
11%
;
47%
16
*18 %
;
11%
*47
.
11%
19
7%
8
21%
x21 %
21%
m *20%
16%
16%
51 Va
•100
102%
♦102%
•10%
:
12
12%
•77
10%
'A' YY
38%
20%
20%
20%
17 Va
17%
*103
104
52%
*101
103
12%
10%
*10%
156
•154%
11%
>11%
12% ;
12%
12%
12%
1 '
13 Va
1,900
"
13
7,800
79
76
77
♦75
76
*75
76
38%
38 Va
38%
*37%
39
*38
40
*38
39%
20%
20%
20%
20%
21 Vb
21%
*20%
21%
*20%
20%
*127Va
129 Va
*75
76
>
20
1
130
—100
130
Y
129 Va
♦127
•127
129%
38%
39%.;
39%
39%
39%
39%
39%
39%
40 Vi
39%
40
92
91%
91%,;
*91%
92
'
•91
♦128
40%
39%
39%
92
*91%
:
300
"
129%
40
40%
40%
40
-
,
40 Vi
';Y
92
"Y
50 Va
100
♦121%
122
121%
121%
*121%
122 Va
Y *121%
100
•102
104
*102%
104
10
com
Gen
v
No par
21V»
14%
loo
—
—
lOo
Refractories
No pat
Corp—
'
Castings $6 pfd—No par
Telephone Corp.
20
Time Instr Corp com—No par
4% 10
preferred
—
_
Gen Tire A Rubber Co com
4% %
3%f0
preferred
preferred
•
25%
;
•
$5
Brothers
4% 10
22 Va
22%
Y
14W
22%
27
27
*26
25%
126
27
*26%
*101%
24%
*83 :
S 86 Va
80
%
rj
86 Va
>83
•
ty„h )
\
,
\\\ }': V
•
>•'
•
Monday
No par
No par
50
1
100
com
Inc
0 per share
STOCK
•80%
EXCHANGE
32%
Grant (W T)
Motors
20%
•80%
53
5%
•119
*51
19%
59%
♦102
103 Vi
44%
45%
•103 V4 '104
•20
Y'Y
5
••;:-•;.'
'•y
Y
103
.(
f
'
-'>83':
■
300'
'
25 Vi YY
-
86 Va ;u-
"i-J
v
19 % Apr
148% Oct
*•% May
Jan
19% Feb
Dec
87% Dec
182% Dee
v
39
Jun
81
Feb
12% Mar
19
Jan
12% Mar
112'
Feb
70
108% Sep
27% Dec
160'
,
39%
For footnotes
see
10
9
3
Mar 22
xl01% Feb
10
21% Feb 24
35
Apr 10
16% May 22
Xl4% May 21
59%
.
3%-
A
103 Vi
*102
45%
20'/i
20
*6%
*15%
30%
30%
i 30%
26%
*93J/a
26%
94%' Y
K
1
27 Vb
27 Va
100
94 VB
94 Vb
1
com
J! r:T3Vi
No par
13%'
38%
38%
14
No par
•
w.
No par
-
13%
21 Vi
21%
Common
9
21%
Y-..Y14
100
new—10
1
21,.
*137%
V
137%
139
72%
*69
37 *
137
Vi;.
73%
*70
*36
6%
Y'T6%
32%
32%
26 Va
94
*93%
14 Vi
14
14-
40
14
-
'-•'*38%
Y
,36%
»• 'v.
14
-
•
36%
14%
*13%
v!
l lVa
96%
20%
('
llJ/i
96%
-
21
11%
97 •
Yll%
11%
2121":
6% '
7'
*92aV' 95 '
n > ; •iiVb
Y 20%-
•11
A
•
'
•
*7
*96 Va
96
97%
21%';
Y 20%
$5 conv preferred
No par
Gulf Mobile A Ohio RR comJNTo par
;
,r..*93,' .•
17 v8
No par
> 53
25
■'•v/Y X69
No par
■Y
;I::£>16%'
7 Va
-
95
Y 17%
••■
17%
*52%
53
70%
'•53%./
68% '
'Y 68%
*96
'
18%
'53%'
53%
f 68 %r
'
6%:
*
". '6% ■6%
93
'93:
17%
/17Va
'
9720%
v
6%
*96
16% Y.
120
97
;
:Y
20%
V'
95
*92
18%
17%
54Va*
70%
69%
70
17%
17%
♦34%
35%
•34 Va"
•14%'
Y 16%
35
14%
14%
16%
•
-
Hall
Hamilton
Jan
12
410
Jun
16
Hanna
27% Jun
9
89'
107
Water—
Watch
oonr
Co
00m
No par
preferred
100
(M A) Co $4.25 pfd—No par
Refrao com—No par
Harbison-Walk
*34% -353/4
*34% *35%
•14%,. 14%
5
(W F) Printing Co_
*13%
♦13%
14
*82
Y
'
14%>
84%
•*04
106
24%
24%
82%
.-
*104
;V,
24%
14%
♦13%
14 Va
82%
*81
84
♦104
106
24%
24 Vi
10,700
v:
A**'-"
146% July 30
Jan
27 y» Mar 16
page 26.
28
610
34% May 15
Hart.
150% Jan
preferred
Sehaffner
100
A
Marx
»
10
•145%
-
28
149
28-
*145%
v.
*28%
♦145%
149
28%
'
*28%
24%
....
29%
34%Y
34%
14Vi f' 14Va"*
14%
14%
83
106
•104
106
83
>•
24%
25
/*24 Vi
25
♦145%
149
•145Va
149
?..»28%
1 29
i*28%'.
'29%
*s
!
1
1
"
'
' '
.1,100
14,200
'5,100
16'/a w
•'.*13%
84%
♦104
106
149
•13%
84%
14% Y.;
~
Jan
14%
5,000
yYiY? A 10
18 Vi'
54%';
'.m
.
2.000
7%
54 y2
116%
16 Va 1
19,800
68%.
68%
■
.,200
.
11%
54 '
'•'17%
170
'2,800
Y
14
*"•20%
■Lt 6%
"
16%
'>
36%
11%
•
1,100
73 Va
•
95 1
•92 "'
137%
36 Ve'
*13%
;14%
14 Vb'
.
50
2,900
1,700
45 Va
'21 Vi
,70
,
R
14%
:
137%
«•
36%
14%
•13%
•'
•'
*14
':
'■•! 5,100
:r-
100
*21
•
73%'
*70
73 Va
36'%
2,300
:
40
45Ve'
45%
21%
137%' 137%
137%
V
36%
500
4,700
14%
21 %
*70
j
943,i
14%
21%
*136
•
.
27
27
♦38%
37 Y
«'
7,700
6%
*15%
•
94
447/a
•21%
1,000
4
14
:
43% •;45-:
'
1
common
preferred
•;
20%
26%
26%
40
100
9,800
'
"14%
•
preferred
Gulf Oil Corp
Gulf States Utilities Co
'
94 Vi
A
v
200
3%
32%
"43%
103
103%
'
31%
*38%
13%
42%
3,900
Y46%Vv Y.
■
v*20
4
'
-
No par
1,200
60
103%
6%
13%
39%
♦38
14 Vb
43 Va
•Yf 46
16%
*26 Vi
10
19%
*102%
103
•lSVa
*93%
3,700
122
60
V 6%
13%
13%
2,800
5%
*119
60 Vi
; 3%
; 31
.
23%
Y; 19%
6%
30%
100
5,200
•
16%
.
.
83
53
19%
'
30%
6%
3,200
Y
21%
5%
122
6%
17
91% .Y
23 Vb
5%
*15%
7
33%
*51
46
46%
♦103% 104
20Vi. 20%
4
3%
3%
3%
83
59
Shares
01%
*80%
for
the Week
33%
V 21%
53
♦119
Y 19%
104
Friday
Sept. 3
23%
5Va
Sales
I per share
21%
23 Vb
19%
*103%
■
20
20
121
45%
45%
17
preferred
—100
Bay A Western RR
100
Oo Inc
1
Greenfield Tap A Die Corp—No par
Greyhound Oorp (The)—
Haekansaofc
r
;
11
'
13
'2,000
•VYY/f--
80
.--•78
1
600
'4,700
27 Va
92
*51
5%
*102 >
103
45
;'103% 103%
-v
•
23% Dec
•V"' 14
-
Y- ,v.Y7 120
20 Va
'•.C;. -f •• :i(
'•/)
1,600
A" A
Y
26%
127
.,
li'^.
'•1,800
4%
102%
33%
*80%
'
59
*6%
7%
$5
,
-'Y'
*26%
Thursday
Sept. 2 ij,;!
19%
20
58%
58 Vi
20%
3%
Green (H L)
Corp
1,100
>■■■- 5,700
27%
Y? 25%
.
21 V»
53
121
121
*19%
,
♦15%
Co common
Sugar
<
1,800
*101 Va
Y-
86%
■
33%
23 Vi
5%
No par
Steel
Aircraft
-
*91%
83
*51
5%
*119
121
59
Green
4Vi*
cYf
25
A'
22%- Y1 ;iP2oo
25 Va
6 per share
92
x23Vb
53;
5%
.'Y
21%
*80
,
23 Vi
23
♦
5%
19%
83
10
(The) new
Great Wee tern Sugar com
Grumman
27
500
600
3,000
-•
127
*26
?
126
♦vs*-; '80
33%
*91%
20%
23
•51
1
Gt Nothera Iron Ore Prop
Gt Northern Ry 6%
pfd-
Guantanamo
-•
Y
••.'
Y
x
•'•
4
4%
102%
A;
32 Va
92!'
20
84-
22%
CLOSED
32%
•91 Va
92
20'A
20
-No par
com
3%10 preferred
Grayson-Roblnson Stores
$2.25 cum conv pfd
v
•
$ per sharer
$ per share
33'
32%
•91 Vs
10
Granbv Consol MSA P
City
*83
80
?■-
13 Va
27%;
25%
24%
Wednesday
Sept. 1
Tuesday
Aug. 31
Aug. 30
9 per share
$5 preferred
No par
Goodyear Tire A Rub com—No par
$5 preferred
:
No par
Gotham Hosiery
No par
Granite
26%
♦101%
'86 Mi
*78;;
sovv
■■
27
102%
•; 25
'
-
*124%
126
25%
4
22%
•
4%
♦26
24%
.--".v'k
23
27%
26%
26
'
14%
14%
•13%
127
4%
25%
102%
22%
•"'
3%
X27%
AY:;!
125%
*101%
Y-
15
22%
25%
25 Vi
"Y' 24%
8
preferred
Goebel Brewing Co
Gold A Stock Telegraph Co
Grand Union Co
400
•'•••'
15%
22%
-f!
13%
♦124
;
♦124%
125
Ve
24 Vi
No par
cony
Graham-Paige
'
-
95%
15%
22 V2
-
13
4%
4%
95%
15
3%
23
*124 Y' 127
26%
26
26
22%
.
102%
♦78
y
121%
*
95%
1
v.
*14%
'
13%
4%
25%
25
13
23%
r;
■
122
*100
25,800
:
YY-
14%
3% ;> 3%
;V
127
124
•.
14%
3%
26
26
22
12%
124-
25 Vi
•25%
YY
Aug. 28
' Par
No par
-
common
(B F)
22
*22 y8
•
126
25
Satariay
-
V-v;
$4.50 preferred
Glldden Oo (The)
15
63 Va
•
•;
104
LOW AND HIGH BALE PRICES
preference
oonv
95%
15 Vi
4%
,
Gillette Safety Razor com
Glmbel
95%
15%
•101%
:
■••'-YYYY1
■
95 ?b
Y
:
YY:'W110
64%'Y122
Y'
104
64%
*121%
;
15%
*3%
26%
126
r,
100
100
:
.
121%
95 Va
12%
5
26
8
■"'f f::-,."'
••
•
100
121%
Va
•.; 14%
Y;
28 Va
*4%
"
'
Y
121%
63%
1,600
<1,400
:
122 t
'121%
104
21%
Y;.Y
i27Va
•
Y
Y
63%
62%
122%
102 %
15 Va
3%
13 Va
•22
'
121%
.-A 95
r14%
*124
'YYYY'Y'
' /Y
—1
Steel
•
^Y
No par
-100
-
Y
3%
12%
YYYY'
Y
8
Corp
"
*
100
;
-
•
15 Va
YYYY:':.Y-x: 21%
;Y'
:Y
95 Va
Equip Corp—No par
UtlUtles
121%
95%
•>•*?• *15%
.
62%
62%
63%
*120%
.•'"•■fc:
'
v -
No par
Cement Co
1
Y General
Gen
"62%
.
Y
No par
series
Adyertising
Railway Signal com
preferred
Realty A Utilities
General
'
"
104
26,300
13,100
:
;
10%
*102
'100
A
'
50
preferred
$3,73
50
:Y; 300
u%
10%
Outdoor
800
158%
12%
Y
70
•v
*37%
'•
2,200
:>H
10%
*156
v'Y 11%
11% *
'..,1,400
103
10%
156
11%
Y'V. 100
A
Y-. A Y
52%
1
*101
:
V
:•?:
104
52%
10%
156
:
12
*103
53%
300
2,400
21
17%
103
10%
156
*11%
12%
,
:Y
8 Va
8
38%
52%
10 Vi
♦154
156
*n%
300
,
^
39
103%
•101%
<100
>;
19
&!•: 17 Va
17
■
600
i6
*18%
8%
"
Y?
10%
V *154
102%
*101%
16
.
?:.YY
19
<
8 Va
21 Vi
52%
52
■
16%,
18%
*38%
103%
103%
*51 Va
*15%
Y
39
YY 17
17
11%
47
8 Va
8
♦38%
103
'
16 Va
38%
51
-100
*15%
•18 Va
♦38%
103
:
'•,;.
16
39
8
11%
47
48
19
8Va
16%
'HVi
*47
♦18%
19
,21
0
11%
■Y
v ■i&
47%
; i6
'
■
11%.
♦47
'
16
8
18%
*91%
Corp
500
.
■
21%
83
9%
9'/a
9%
43%
,';Y
Gen
7
-
180
•
*43
43 Ve
*
95
•
•
Dec
Jan
.
18 Vi Aug 11
4% May
*f> 78
•
Feb
35% Aug
21% Mar
t'
9
Jun 15
Feb
I 27% Mar
V*
May 26
14Vi Sep
2
40,
July 14
49%
133
•
99
♦14
i.'» <
•
43%
'
17
,
v
Dec
•V
31
,
13%
9 Ve (\ 9%
*23
11 Y;
Gen
2
5% Feb
107
Dec
34% May
•
11
3% Feb 27
8% Mar
?
11
May 20
3
Oct
21% Oct
47 Vi
104 % Jun
"170
36'/a
23 Vi
50
Goodrich Co
May 21
2,800
23%
15%
36
*22%
11
Good&ll-Sanford
103 Vi Aug
06% Mar 18
8%
9
36%
36
23%'
"
49%
64
94% Mar 11
24
Jan
36 Vi
8C0
3,300
•>
10%
22
24% May 17
38% Mar 17
;
i.
6
96
49%
Publio
2
May 18
38
96
10%
/ EXCHANGE
121% Apr
47 V« Mar 16
Y
•
6
1
Feb
12% May
-V 28
28
55% July
38
97
20 Vi
'
"3
38
97
49%
General Shoe
■
17,
May 15
37%
97
10%
6%
12
May 21
85% Jun
Mar 10
19 V4 Sep
Aug
May
8%
25
1
109
Dec
13% May
Mar
14
July
106
41% Dec
05
Sep
.
7
Dec
49
"
Apr 26
37%
96%
<
49 Vi
$ per share
36%
37%
97
10%
Precision
Range since Jan. 1
Highest
105%
Dec
17% May
86
Dec
37 %
49%
Lowest
$ per share
36%
35 %'
.
60
No par
STOCKS
Highest
7,400
10 Va
21
NEW YORK STOCK
$ per share
300
32 Ve
10 Va
20%
No par;;
Year 1047
Lowest
14%
31%
10%
23
*10 Ve
6
Range for Previous
# per share
14%
32
10%
10%
■■■
'
14%
31%
49 Va
Public Sendee
: May 12
82% May 19.
72% Jan 23
14%
10%
10%
Gen
90
10
Jun
15 Va
31Ve
23
43%
No per
Gen
101% May 22
81
Jan
81
2
Aug 11
900
2,500
;
.
30%
*95
No par
Gen
-
130
22
u
20
.
14%
14%
49%
Mills
Preferred
29
July 8
29% May 18
30% May 6
14%
4,500
'
33
*10%
34%
13%
M
1.66%
Co
General Portland
6% May 24,
30% Jun 14
23% Aug 11
22% Feb 11
;
34%
101
♦32
No par
$8
.May 18"
29
32%
oommon
Gen
24-
128% Jan
11
110% Feb
V
124% Jan
35%
Y
May 12
34 Vi
♦99%
101
100
*14%
34%
38%
!
4% May 21
15% Jun
4% Mar 11
6% Feb
29% Oct
21% May
18% May 27
13
1,300
10%
23
39
General Motors
;
22% July 15
22
31% Feb
V
26
May
101% Apr
26% Dec
95
14
11% Jan
140
3% May
18% May
>
Feb
4% Feb
16% Jan
200
19%
preferred
3%% oonr preferred
10
20% Deo
12% Mar 17
16% Feb 11
56 Vi
19%
34%
14%
23 Vi
•38%
6%
14
10%
105 Va
56 Vi
32%
14%
34%.
50
preferred
2nd preferred
♦104%
19%
34
34%
♦18%
common
600
57
*99%
•22%
No par
com
1
A
V
'
No par
Inc
1,000
24
30 Ve
30
8
97
Y
1
Mar
Dec
'
;
*23%
•10%
36%
Y
General
24
13%
Y
36%
X97
No par
3
Feb
129
10
15%
Corp com—No par
$3.50 preferred—
No par
General Instrument Corp
1
50% May 15
128% Jun
2
97
♦14%
30%
100
General Electric
13% Jun
15 Vi
10
General Foods
8
13% May
18% Oct
94
<
•14%
10%
50
cony
May 27
96
2
1\
118% Feb 25
Feb
1st
410
Jun
Feb
65%
120% Dec
Jan
Xl4%
3
com
General Cigar Co Inc com
7% preferred
41
Maris
9
40% Feb
4%
2
43
Mar 19
88% Jan
Aug
16% Mar
64% July
.
Dec
100
34
14%
8%
General Bronse Corp
General Cable Corp com
21
•
14%
-Ya *7
cony
General Baking Co
$8 preferred
44% July 15
Jan
14%
30 %
20
Industries
$4.26 pfd series
July 14
Dec
23%
33
com.
14.60 preferred
3
15
33%
32%
/
24 Vi
19%
99 y3
32%
33Va
101
100
General Amer Transportation
May 12
11% July 13
159":Jun
1
14% May
33%
99%
32%
33
33%
23%
;
*56
♦99%
General American Investors com—1
30
19%
1
preferred
Gaylord Container Corp
63% May 15
8% Feb 28
Feb
14%
4% %
106
Apr
1
9% Mar 17
9% Feb 11
Jan
Wood
57
•19%
14%
__1
preferred
105 Va
*56%
19%
32
10
common
Gardner-Denver Co
Gar
:Y;
57
101
1
—
*104%
104%
32
*99%
No par
Gamble-Skogmo, Inc
5% conv preferred
Gamewell Co (The)
16
105% Jun
6
33%
23%
47 Ve
10
•7
May 20
26% May 4
18% May 15
146
July
18%
May
71
100% Jan
Aug 19
48% Aug 19
17% July 21
45
50% Mar 11
Dec
105 Va
_No par
Corp
Co
(The)
(Robert)
preferred
610
9% May 20
13
16
•104%
Gabriel
5
23% Jun
5
Apr
v
80
Feb
23% Dec
Dec
'
13
11
109
Nov
48
Feb
Jan
10% May
X101
18
1,000
3,100
.—20
Galr Co Ino
Jan
12
2
5% Feb
*
61
47%
No par
7%
Sugar Co
10% May 22
20
12% Feb 27
22% Dec
9% Feb
26% Aug
14% May
100
Feb
17%
Sep
61
No par
Co_
preferred
10% May 21
11
18 % July 30
11 Va Aug 31
320
47%
Freeport Sulphur Co
10
Froedtert Grain A Malting Co Ino.l
cum
24
60 Ve
47
19%
410
97 Va
24
47%
60
47%
47
104%
4
97%
60 Ve
60
"
60
*56%
Fruehauf Trailer Co
2,600
47%
7
19%
Store*
Y 1,600
24
>'
25
60%
56%
Franklin
♦97%
9 Vi
29%
22%
3%% com oonv pfd
100
Foster-Wheelb* Corp common—._1Q
12% May 18
24% Jan
5
6% Mar 16
Oct
Jan
98
300
9Vi
29%
30%
97%.;
22%
105%
Steal Corp
Food Fair Stores Inc
Food Machinery Corp (new)_
'I-
Aug
97
17%
•24%
Francieoo
84
97
6,400
39
17 Vi
9 Ve
30
15 Ve
*38
24%
16% May 21
10
May 18
18
*96%
9%
30
19%
B% prior
9%
9%
29%
56%
Follansbes
21
f:
9%
Shares
22%
47% Jun
;
77% Mar 29
Feb
10%
21
Feb
!
Jun
'
29
♦104%
Florida Power Corp
38% May 21
28 % Jan
5
17% Mar 12
103% Mar
6% May
18% Jun
105
18
100
.
6
15
39
*17%
the Week
22%
-10
Florsheim Shoe class A
21% Jan
Feb
Y
Stores
W preferred
Florence Stove
14% Mar 19
23% Feb 11
*38
18
0 28%
Firth
May 27
36% May 26
15% Jun 24
\
39
*17%
for
Sales
..
I per share
151/4
*38
17%
No par
National
15
39
•17%
(The) Carpet Co
No par
Fllntkote Co (The) common—No par
First
*104
Aug
89
Ins N
-
_
9
14
15%
'
*38
17%.
9%
Firestone Tire dt Rubber com.. -25
4%% preferred—
July 12
15
15
39
-
17%
Friday
Sept. 3
Sept. 2
•24%
7
59 %
14%
Thursday
t per share
share
l
29
13% Feb 21
11(T July
Dee
:
Jun
20% Aug
42% Jun
15 Ve
$ per
•
Corp
Jun
Jan
16% Feb
May
Enamel
Fidelity Phen Fire
40%
14% Jan
Tarrant Mfg Co
at
May 28
24
May
0
Ferro
17%
Dec
It
Fels
19
-
Sept. 1
S per share 1
No par
53
Feb 26
13
1
9
7 107%
Feb 26
30
15
*38
I
PRICES
Wednesday
Aug. 31
6 per share
2
68
11
Aug. 30
I per share
SALE
I,OW AND HIGH
' " Tuesday
> Monday* *
H
Federated Dept Stores com—No par
4%ft convertible preferred
100
15
(955)
RECORD
.1
Federal Motor Truck
24% Jun
49% Mar 18
14% Feb 20
24
61% May
Corp.
Federal Mining A Smelting Co
'Federal-Mogul Corp
26 Ya Jun
'
11
Feb
104
Fedders-Quigan
3
99 Vs Jun
53% Feb 28
107% Aug ,1
62% Dec
Sep
18
Jun
CHRONICLE
-
,
Aug. 28
Par
May 22
12% May 18
31% May 14
10
Feb
/fiH't SEattiday
EXCHANGE
j
20 Vi
6
90
107%
104
Mar 11
Jun
97% Dec
20
'
28% July
Apr
19
NEW YORK STOCK ' »
'
$ per share
May
II %
32
STOCK
8TOCKS
Jan. 1
Highest
t per share
S per share
I per Share
Range since
YORK
FINANCIAL
i
Volume
-
:'
COMMERCIAL
THE
(956)
20
&
RECORD
STOCK
YORK
NEW
FINANCIAL CHRONICLE
5,
Range for Previous
Year 1047
Highest
Lowest
I per
$ per
share
6
i-
May
-
Apr
Feb
12
9%
Dec
Oct
35%
4% May
25
Feb
100%
Dec
Jan
22
May
30%
90
Dec
103%
35
X95
Jan
Apr
Feb
42%
May
Dec
July
108
J T.
STOCKS
V
Saturday
STOCK
NEW YORK
f
49%
Nov
68
Jan
140 Va
Dec
165
Jan
$ per
6
69
$ per
share
10
5
78
Jan
42
% Apr. 13
9
62
Jan
7
153
3%%
2
J)
(H
.
Helme
1
Co
common
preierred
cum
(G
7%
W)
common
preferred
non-cum
•%
*
6%
8%
8V2
•
24
CLOSED
*
*89
90
>•
;
'St %
*31
J
99
10
10'/*
10%
22
22'/*
22
22'/*
23%
24'/*
23%
23%
90
37%
Y-
•
97/s
60
♦58Va
*37„
37 Vs
99
■'
99%
Feb
22%
14 Mi May
10
14% Feb
: 57% Apr
128% Feb
26% Aug 17
30% Apr
46
121
Mar
Dec
20
38
Sep
134
Sep
114
Jan
21
Feb
4
27% Jan
Mar
9
Mar 22
123% July 27
79% Mar 22
10%
Jun
14%
Dec
10% Apr
26
Jun
33
Dec
28
X29%
Apr
NOV
31%
21% May
Jan
25
Jan
15% Feb
Jan
48
Jun
34
35 Vi
30
Hilton
1
Hlnde <&
Hires
2
Co
<C
Hollander
17
16
50%
51V2
V.
35% Jun
Dec
26% Feb
19%
Feb
13% Aug 25
11
44
Dec
56
Feb
36
Feb
27
46% Jan
14
Jan
36
Oct
29% Feb
10
34% Jan
2
Household
Aug 17
94% Jun
7
3%%
Mar 12
46
Dec
105%
Sep
85
37 Vs May
45 Va
Jun
38
85
$2.25
24
25%
*12Va
35%
—5
31
38 V2
*36 V2
38 V2
37%
30%
30%
♦30%
86
C6V2
.100
7
33
31
47
Jun
9
Howe Sound
2
7
Mar
6
33
May
14% May
12 Va May
21%
Oct
30
Jan
13% Sep.
Feb
7%
3% May
3
19
V
Mar 1«
preferred
Motor
Hunt Foods
a!
14% Jun
5
i
non-cum
Hudson
14
Apr
Hupp
May 17
3
12% July 19
5%
Co
Hussman
16
27'/*
34'/*
34'A
Y"
30'/a
*30'A
30%
/I' vY Y 700
14 Mf
14'A
14'A
37
37%
37%
300
30%
30%
31%
•Y'.Y Y 900
■
Car—s.
.19%
♦19%
40%
" 4% Y. 4%
*9%
10 Va
40'A
40 %
rx40%
41%
4%
•4%
*4%
4%
14%.
1
•
20'/*
20'A-v
42
..,'Y
'4%
4%;Y
?
-
700
"
io'/s
10%
Y*9%
-101/2
300
44%
44%
44%
;.Y-Y 1,900
17Va
18
14
13%
13%
3%
3%
12 Va
12%
18;
17%
*135A
13%
3%
12%
V
6,000
:
1.400
3%
12%
3%
*12V*
r
400
l.lttf
;
-
*4% Y'4%
*44%
3%
12 V*
4,800.
•;•,••
42-;.'
41'A
*
■a
120
1,100
'
.
17Vs
,13%
3%
•12%: 13
Refrigerator Co—No par
*19%
*41%
v.
10%
■vY 17%
14
;:Y3%.
12 lA
3 Va
"
■
33%
Y:
45%
Y 33%
1.800
44^,9
44%-
17%
''.14 '■'••
14 V*"'
"-.3%
*
45'/*
33 Vs
*19 Va
20
*10%
44%
> 17%
17% ; 17% .-
6.96Vs
45'/*
2,900
Y
'
10
10
:Y 43%
44%--
r.
19%
88%
88
1.300
•'
.
32%
a
32%
20
*36%
:
44%
33
45
32%
Y 43 Vs
No par
.
37
.30%
45
32%
45
40%
:
100
Inc
Corp
*44%
43 %
33%
19%
1
J
Hudson. Bay Min & Sm Ltd—No'par
25
22% Jun
14% Mar 17
15% May
Howard Stores Corp
3
45 % Jun
^3'/*
27 Vs
88
33', ■:
Hudson & Manhattan common—1100
4% Jan
*12%
34%
88
43%
YY
100
13'/*.
30%
—No par
29
2 ,«no
27'/*
27
37%
30 Vs
Jun
0% Apr
3'
34% Jan 20
900
,Y 14%
30%
23
Feb
29
14%
*36%
38% Jun 10
13% Mar
xud
287/a
13%
50
V t c__——23
11'A
17
30'/a
88
11'/*
32
30 %
»86%\ 88
200
300
81
*15 Va
35
?:■
y1,
23%
*31%
30%
30%
23%
*77
17
35
com——No par
Texas
23
11%
*12%
27 Vs
13Vs
18% Aug 11*
43%
'
13%
20% Feb 11
May
35
•30%
26%
,, y
300 I
Y.-y.'YYT70;Y'
123
*22
X34%
13 'A
♦12%
'
13%
Feb
3
"
■
Y:i ; 2,200
YyYYYyso:-
28'/*
13%
Dec
7% May
26%
51%
•122
22
100
900'
v-
32
*
27
27
17
15 %
*
17
v
13 Vs
'27Vs*'
35%
♦12%
31
29
Jan
13V«
34%
28%
Feb
26
Y'„
900
11%
31 '/a
11-%
32
*15 Va
.17
26
28%
28
Dec
7%
81
*77
•;y-
26%
81
,
Y YY.
125 V*
24
*77
11%
25%
Jan
38% Mar
*23%
*30%
*15%
16%
16%
31 Va May
81
161/2
20%
Of
24
*23'A
61
26%
122%
*21%
conu-__^-No'par
Finance
Oil
121
22
..
100
230
125'/*
26 Vs'
1,000
'
".x'ij|
143
51
51
125%
267/s
122
V
3
preferred
Houstoh
23%
5
Houston Light & Power
Jun 22
23 %
*
"51
22
22%
23%
*21%
17
121
121 *
121
11
preferred
conv
21 Va
.-10
,—12.50
Mining—
HoudaiHe-Kershey
28 %
123 %
21V2
32
Hooker Electrochemical Co
1
9'
18% Jun-
*120V2
60%
17
125%
26 Ve
*26%
2,200
I't
99%"
141
16%
*125V4* 126
26 Vs
♦26%
26%
11
(A>__'_
Homestake
Va Feb 24
26%
_~1
Holly Sugar Corp
42
Aug 20
!
32
(Del)n_+._
& Sons
^
*77
The
,
50%
125 Va
YlO
Corp___
E)
50%
125 \\
.-100
—5
Dauch' Paper Co
Holland-Furnace
29% May 2a
16 Va May
Hotels
/
,—1
Corp
preferred—
cum
30% Jun 28
14
36
Nov
13% May
3%%
2
25 % Jan
'5'
Aug|U
Oct
May
Chemical
14% Jan
21 Vs Feb
.12%
20 V*
17
Heyden
25
Jun
*125%
No par
—-—5
Inc—
51
126
51-
No par
preference
conv
37
1
13% Aug 13
14 Vi May
$4
Hewttt-Robins
2
86 Va Jun
19
Mar
15%
—No par
common
5%
preferred
——
100
Her^ney Chocolate com.-:—.-No par
*
28% May 20
29%
Sep
22 Va
Powder
10
Feb
Mar
Oct
Va
Motors
Hercules
6
2
63
134
18%
29
118
Hercules
22% May 21
9
Feb 21
Sep
Dec
50 V*
126
:'4,400
Y
37%
99%
143
143
16
15%
15 Va
"
90
v
*37
60 Va
60'A
V*
143
'
15%
*89
10'/*
,
xl43
•
■
90
*89
98 Va
98 %
61%
144'
♦141
144
COO
*37
3 /
6i %
'61%' ,:
60%
300
8%
*89
'«
90 '
>•'
8%
22
24
«i8
99
*98
♦141
I
8%
24
24
*89
'
24
9 Vs
21'A
•
Shares
6
69
21%
9%
9%
24%'
%
6
*65
69
8%
9
*8%
8V2
6'A
,
*65
69
*65
69
21%
.':
9%
Sales for
tlis Week
$ per share
-
"
22
*21%
Friday
Sept. S
share
*6
6'A
*6
6%
*8
$ per
share
$ per
share
6
*65
69
9%
STOCK
EXCHANGE
100
25
100
,25
100
1
$ per share
♦65
5
15
preferred
$ per
Sept. 2
Sept. 1
Aug. 31
•
*6
——2
common
3.65%
July 16
Jun
Co
Heinz
May 28
51% Feb
140
Hecht
25
Jan
103
23
95% Jan
Jun
91
27;
Mfg Corp
Hauei-Atlas Glags Co_-
27%' July 12
14
preferred
Industries Inc
Hayes
11
11% Jun
26 Va Jan
21% Feb
35
Hayes
10% Jun
11
6% Feb
6 per shdre
—1
100
—1
of Amer class A
4%%
5
Mar 10
6% Feb 11
x20
par
Hat Corp
4
Jan
79
Aug 25
j
share
7% Jun
5
Aug
■*
Thursday
Wednesday
Tuesday
r
Aug. 30
Aug.
EXCHANGE
/
r
Monday'''
...
-
share
10 %
6% May
75 V*
Range since Jan, 1
Lowest
Highest
HIGH SALE PRICES
LOW AND
■■
12%
.2,500
'•
Y'
600
iV
yyvyy 1
30
39% Aug
May
18% May
32 V*
Dec
#30% Apr 27*
35% Jun
27% Mar 1«
/f-f j20
Idaho Power Co
24
*33%
Illinois Central RR Co commons-loo
42% July 14
90
July 13
37 Va May
64%
Dec
62
93
Jan
97
Aug
15
Jan
26 Va
Dec
95% Mar 16
24% Jan 22
97% May 17
37% July 12
30
Dec
26% Aug 11
9% Feb 11
12 Vs Jun
3
Illinois Terminal RR Co
Jan
20% Feb 17
25 V» Jun
9
Indianapolis Power &
,~~7%
May
lT%
«21
Dec
30 %
Jan
17
July
X35% May
50
12%
Feb
Va
11.
6%
lines
4%
ser
Illinois
Power
*85
86
97%
*95
97%
*95
35
*34»A
35 V*
35
35
26%
HVa Aug 31.
15% Jan 28.
Dec
39
Feb
56
Jun
66
Aug 11
150
42
Oct
V. 34% Mar 10
12 % May
17%
Nov
^ 6Va Sep
8Vs
Feb
10%
10
3
23 Vs
12%
D<
Electrica
10 Vs
23 Vs
Industrial
Feb
al__5
11%
46
Industria
-
46
.
85
*95
Dec
33'
180 Va
Apr
Fen
15% Feb
100% "Dec
3
108
Mar
7
Y Feb
May
Y 9Va May
15% July
10
Jun
6
May
22% May
10%
Feb
5% Feb
Oct
23% Feb
11
76
96
Jan
74
Interlake
Dec
25%
Int'l
Business
Harvester
35 Va*
35%
310
26'/a
26 %
26%
26 %
26%
4.800
10%
10 Va
10%
*10%
10%
1.600
24'/*
24%
24%
24'/*
24 Va
*11%
HVa
*11 Vt
7%
130% July
94%
9
Dec
46%
Hydro-Electric Sys class A_^25
Int'l
Minerals
3
93
5
Feb
24% Mar 18
135
Jan
Sep
16
Feb
Feb
58%
Jan
Feb
45
Dec
Feb
r
May 20
52% Jan
24
64
45
Jan
Oct
43
Mar 12
65% July 12
40
Feb
30
Mar
35
17%
Feb
11% Feb
11
16% Jun
17%
Feb
11% Feb
11
16% Jun 24
26% May 27
35'/* Jun 14
Apr
26%
Feb
27%
Oct
17% Mar
143% Jan
158
Aug
Range for Previous
6%
Dec
Dec
13%
39% May
Feb
53
Jan
6% Aug II
19% Jan
82
8
May 15
39% Feb
18
•9
Dec
104%
Sep
92
37
Jun
.46%
Oct
34% Feb 10
108% Deo
>24%
98
Dec
27% May
86% Dec
25%
Oct
34% July
*•
,
Jan
Feb
13
100% Feb 11
20% Feb 19
V
Interstate
-
share
Dept
ctfs
No par
No par
22%
No par
Stores.
Island Creek Coal
Ve
30%
50a
common.
$6 preferred
Jacobs' (F I)' Co
Jewel -Tea
May 28
99 •••> May 11
42% Jun 11
113% Jun
9
33% Jun
1
:
Jaeger Machine Co common—No par
Jersey Cent Pwr & Lt,4% pfd
100
30
Co, Inc com—^-Np par
3%% cumulative preferred
100
Johns Manvine Corp corn.-—_No par
3 Va %
preferred-—_———;„10O
10
Johnson 6c Johnson common-—12 %
May 21
Jun
4% 2nd preferred series A_i__100
Joliet & Chicago RR stamped-^lOo
Jones Ac
Laughlin Steel com—No pa**
Feb
.29% Mar 16
Feb
83% Feb
22% Feb
May,
6
31% Feb 11
11
37% July 14
•93% Apr
43 V* Jun
14 * Feb 11
21
90
16
1,
98
May 20
v
-
5%
preferred series A
17
11
May. 11
4634 July 13
48% Mar 12
60% Jun 22
29%
Dec
47% May
13% May
58 Va
July
-
Nov
14% Mar 17
18
20% May
13% Jan
26%
Feb
20% Feb 20
26 Vs
May 22
July 13
21%
Oct
17
22 Va
July 12
41% May,
52%
Jan
39
Apr,
49%
Feb
Feb
Dec
27%
Feb
19
Feb
18
.23% Feb
Feb
10
Y__109
Joy Manufacturing Co—
1
Kalamazoo Stove & FurnitureKansas City Power & Lt
Feb
3.9%
preferred
Y
CLOSED
•
;.V
••'•
mon-cum
83%"
-'"45
preferred
Dec
.11% May
65 Va Jun
25
May
90
Dec
34
Jan
45
Jun
40%
Apr
116% Feb
Feb
20
60
: Jun
18
Kennecott
51
Apr
20
Kern County Land
36
13
46
Aug 18
24
May 24
Kimberly-Clark
*
Keystone Steel & Wire Co
11
92% Feb
Jan
63
38 Vs
Oct
29% Feb
102 Va Aug
40
Oct
59
Feb
52%
For footnotes
see
Oct
Mar
8
11
90% Aug 16
32
Feb
13
45% Feb
16
41
13
page 26.
21
ll'/a Feb 19
Fob
104% July 14
14% Jun
2
75
Jan
2
36% May 27
95 Va
July 15
39% Jun
58 Va
.3
July 8
47% May 18
4%
conv
CoY
—_L
No par
com—No par
No par
Cumulative preferred 4%
ser_»100
Kress
Kroger Co
(The)
j
*13 V*
13%
23%
*22%
,31
35'/a
♦30 V*
35'/*
139%
HIGH
SALE
^
'
$ per share
.
Sept. 1 > /,-
31
;
l
1
10
800
,353A
35%
♦139%
142
Thursday
■?; Sept. 2
110
142
Sales for
Friday
?
Y
Sept. 8
■};
t per share
4 pep share
/
300
1,200
FRICES
Wednesday
r
300
500
23%
*30'/*
35%
Tuesday
:
23%
23%
*139%
700
18,700
30 Vs
140 V '
;Y
YY 13'/* •V" 13 Va
'13% Y 13 3s
13%
13'/*
:,l. sj.y>'
36
*34'A
'¥ 13'/*
.I;-
62 v,Y
62%
62%
62%
36"
13'/*
139%
'
*
42 'A ;,42%
23%
'
7%
YY- *21%
r> Y:.
83%
/v:'A45-:;
7%
7 V*
»
22
..Yi
:
7%
Y *21%
*83%
84
7'A 'i
V
22
83%
I per
21%
'Y
the Week
Shares
share
YY- *7 ' *'•' 7'A
7'/*
♦21%
21%
84 Y
84
;YV 45%
X46 Va
46
*93
■
■Y
28 V*
,
36
:; *i55 y.
"35%
:.
36%
Y
36%
88
'
*363/s
►91
'
*28%-. ' 29 V*
*100% .102 :Y
v
92
Y
95
*104 -Y 105 W
160
*87
;Y *87 -88
-
Y.
29'
.
102
•Yx34%.'Y-35%
.
Y
►155 Y
,
46%
'••;.:<;• 35% Y36;
; 36%
-
; -
►100%
102
;160
;
'
-♦93%
V 104'/a
k
29
28 V*.
.♦100%
*155
104
<>46
95-.-
36 Vs
v-
106
•104
.
36%.
...
46%
95
YY 35%
21%
:
4 83.%:'83%
-
.
•
•
36%
160/ Y
;YY;,-Y36
36'/*
•vY-'Y- *87 Y;; 88 >/
•
•
.'',.Y'36 V* 4 36'%
1,100
*90%
'
92
42'A
.92
42V/s
*55
43
57%
*55%
.
"
i,
44 Va
58
93%
25%
56'/a
56'/a
19%
19%
x57%
'44%
•
44%
•
•
21%
58 Vs
-45
44%
16
16
157s
15 Vs
16
*24'A
25'/s
24%
25
25
25
25
20'A
20 %
20'A
19%
20'/*
20
V*
Y57%
>1600
jfiOO
.19%
.
1,600
44%
,57%
58%
58
59
58%
59%
17,000
44 V3
44%
44%
44'A
44%
44%
43%
44 ,.V
44
2,200
1,300
21%
21%
21%
22%
22%
22%
97
97
97
97
•
-
44
.
v -
22%
21%
22
96
V v/::
96 %
*96%
96
*12%
13%
*12 Va
67
*66
/ 67
16'A
25
19 Va
44'A
44%
*44.%
w
'44%
58
•"••44 Va
V 16
10
Y V100
58
*56
•1
5,400
44% Y 45
44 Vs
44%
-
93'A
*91 Y"
*15 Va
,*24%
5
preferred—_—t_100
(S S) Co—
(S H)
Co
Y
62%
*34 V*
Y
180
,85%
■.
*60%
42%
400
10%
85
85%
*42'A
95^4
*10
*60'/a .62
62%
260
7,400
*95'/*
;;
10 Y
••62
42
136 %
•| 60'A
Y *30'/*
35%'::, 36% ;iY£iY35YY'-35%'
i1" *88 Y-:':,88%'"
YfiaVi/,88%
:'YV 35% " 36'/* •VY 35%-: 35%
1
Kinney (OR) Co common
$5 prior preferred.
Koppers Co Inc com*1fon
Kresge
10
*84%
и,1°o
"32%
59%
95%
*95'/*
10 Va
100
4^y
136%
*;'< *35'/*
,!*27'A
28% YY*27%- 29'/a
Y*101%102Va ; :Y 1013A 101%
'*155 Y160 : C <Y *155
.'
160
Copper———____No par
2nd
31Vs
60%
-
Y
85
*82
35'A
.
•■
8
.42% Feb 13
85
83.%
.^_t_100
—4.
Corp
.;
*3%
'.85%
'13%
46
45'A
-...
:.-r*94~";*96 >' «'
*93
95 Y
Y'W 36 .?• 36% :•:; Y..35V*:- 36 /;
'*104 Y 106 /
s *104
,-Y
21%
;;
37/8
-10
conv class A__1
B
44'/a Aug 31
103
22
i__100
Kayser (Julius) & Co
Class
tpoo
"
7'/s -Y 7%
*21%
•"--••
.
2,300
29%
Co—
—
Kelsey Hayes »Wheel
•
60
'97
13'
::;YY; Aug. 31
I per share
STOCK
EXCHANGE
••
'-
Kansas City Southern com—No par
4%
►137
.-Y'7%
137 -••' 137 Y<
34'/*' •34%.
■Y
23%
*30 V*
Y35'A
LOW AND
Aug. 30"
I per share
'May 27
23.% Jun 14
30 Vs
Monday
»
158
108% Mar
530
•
7 VA
30Vs
♦22 V*
23
/'
106
Junf
14.900
s
,
29'A
31 Vs.
Y
31%
59%
62%
.
vY
13
13
%
EXCHANGE;
63
13
-
•
42
34%
'
35%
NEW YORK STOCK
31%
*60%
41%
M2%
13%
1
29
Dec ■«'
165
164 Va
7%
83
•
'.i *3%
3'A
85 3A
62
•34
13 Vs
par
*82
83
*10
10%
*61 Vs
63
34%
Intertype Corp
>
25
common
Jan
14
*700
'28 7
28%
,r
100
154
*150 V
.)
1,700
29%
Y
29'A
•
85%
i.41%'
Feb 10
Oct
29
"7'A
29%
59%
94%
95%
*9%
85%
„;-No par
Telep & Teleg_~_No
,7%
'
_
145
40%
4,400
:■/'
164%
164%
Y-TST'''. 137
;
49
100
94
16
,
137
59
preferred
Foreign
10
*
31%
137
Jan
•
'■
28%
V
.
31%
31%
59%
$ per share'
43
31%
136 Va
Dec
39
147/s
151
.
29 Vs
3%
V'V
151
101%
: 600
Y14%
150%
150
V. *82
X58%
112
Dec
145
-
125%
Sep
39% May 20
145
May 25
92 Va Jan
,
No par
Shoe
STOCKS
Feb
24% July
104%
7%
International
24
Range since Jan. 1 V*
Highest'
t per share »
V*
1
/ 30
83%
*82
,_15
com
—
International Silver
Mar 31
Lowest
t per share
Jun
19%
•0%
2%
15
7%
.
,-Y*3'A.;'v:--4
fA
*60%
.
Highest
S per share
1
19
137% Jan 16
Year 1947
Lowest
9
22% Mar
29% Feb
*37/s
*94%',
International
63%
May
Co
.
1*
9% May
9% May
20
97
2%
14%
29 Vs
7%,;,.
,_ioo
^
Paper
Y 85
*82
International Salt
107% Jan 29
40% May
32
Jun
19
*95%
14%
165
з,600
8
2%
*2%
164
20%
'A
96%
96%
2%
28%
•
164
-{'.x
*29
$4 preferred
No par
Int'l Rys of Cent Amer com__No
5% preferred
Jun * 2
39% Mar 16
t__100
Preferred
30
: =
:
:., .*7
Y;
''••• 7
.
com—_5
preferred-
International
,
July 22
14
3
Chemical
Int'l Nickel ef Canada com__Nd
1
Sep
4
4%
&
International Mining Corp
2
64% Jun
99
28
9% Aug 11
85
'
15
139% July
42% Mar 17
86
Jun
V* May 20
33% Jun
2
Oct
116
!
Apr
*37%
Intl
9
9
59%
May
104
"~r
Feb
24
3% Mar 18
Dec
29'A-
7.400
19 >;>;
96%
150
150
28 Va
45'/*
*18%
14%
•
*7
900
156
20%
/
••'Y;
Y:
,'«)0
1,900
18%
18%
*2%
2%
164
8
1,600
70%
•
45
20%
*7'A
'Y
96%
14%
.
^.1
20 %
8
19
1
\'Y:
'
107%
Dec
1
;
20 Va
*7'A
.
2%
149%
No par
common
9 Vs Jun
Feb
137
38% May
:
.Y
x20'A
*18%
97
'70Va
>
■45 V*
Z-AJ,
*1,4%
K.
44 Va
.
48'/*
*151
155
►150%
Y
44%
18
*95*/^
No par
Machine*.-—No
preferred
8
70
70
•
-
44
20%
*7'A
Y 18
70
155
12
48'/*
48
47'A
47
*150%
44'A
20%
8
'10
95%
35%
70
-
*_1
38% Jun
v
36%
Dec
Y
%;• 20 Vs
20
.
97%
95%
46'/*
Y ;Y
155
400
ll'/a •'ll'/a
70
,
.,'43%
'44 'A
—l—,.—No par
Int'l
11
5%
Dec
Copper
Rubber <.
Iron
14
174% Jun
43 Vs
Corp com__^
9
preferred—Y
*.100
4Va%
Intercontinental
'"
3%
Censol
70
500
12,800
23 Vs
46V; Y
150%
155
Interchemical
8
154% Jun
161% Mar 31
No par
."
69 Vi
:
150%
Insuranshares Ctfs Inc
x34% Jun 11
11
34%
Inspiration
-
15'
Jan
%
run
1
Inland Steel Co
3% May 18
16% May 24
Aug 11
186%
Ingersoll-Rand
6%
preferred*.
11
25
8% May 24
103
11
Dec
Jun
23% May
Aug 25
28
163
*
95 Va 'Apr 22
2 Va Mar 10
11% Feb
76 Va Jun
160
46% July 14
21% May 27
11
125% Feb
v
>
11
6% Feb
18
"
«
10
Y
*35'/a
97 Va
'
169
34%
4IV#
86%
85%
34%/
41%
10 '/a
*26%
10 Vi '
23%
ll'/a
26%
26%
common—No par
Co
4*85 %
86 V2
..1000
34'/*
;
87
A».100
j.
RR stock ctfs series A
May 26
41%
41 'A
86 Va
34
40%
Y.
40% Y
41%
*33%
34
33Vs
•
39V*
V
^100
pfd
conv
non-cum
Leased
33V*
34
Ve". 40 Vs
34'A
34%
93
93
10
36 Vs
36%
Ncr par
*52%
53'A
*44
; 44 %
44
13%
„
r53
No par
.
34%
*93
68
34%
•
?6 '/a'
94
36%
.
97
)■
t
*12'A
♦66
34 3/*
*93
36'A
97 "
-13%
68
Va
♦66
35
♦93
36%
53%
44 V»
.."44%
36
53%
44'a
'.
35'/*
94
53
13%
♦12V*
*53'A
.
.;
44%
'
♦12'/*
13'/a
68
♦66
68 V
35%
94
-
35 V* "i 35%
*93
94
36%
36'/*
36 Va
54
53%
53 Va
44 Va
45 Vs
45 Vs
4,200
Y;a.70
"i'20
2,100
50
2,300
300
>800
•-
Number 47311
168
Volume
THEv
COMMERCIAL: .& FINANCIAL CHRONICLE
NEW
RangetoT Frevtoui
-'
Year 1947
•
.
STOCKS
Ranfe since Jan. 1
,
"La west-
Highest
Lowest
share /$ pet there
I per
Feb
7
■AH May
Dec
14
20% Dec
44
9
14% Feb
May
10
49%
12
47% Jan
27
21% May
23
Feb
95% Jan 31
99
10
Jan
30% Mar
8%
Feb
4% Mar 14
8 %
3%
Feb
1% Jan
4% July 12 >
6% Jan
50% Feb
'
Jan
24
10% Dec
25
'
25
56
24
12
Feb
16% Feb 20
26% Jun. 14:
Feb
46
56 % Jun
Mar 18
8% Feb
Oct
31% Mar 16
Jan
82
Mar 12
169t;
Dec
191% July
165
Apr
38% Jan
July 20
Feb 14
x48
33% May
37
Aug
12% Oct
Dec
Apr
8% Feb
12
Jan
8
91
>
174% Mar 30
47
May 14
13% Jun
10
•
10
55% Mar 16
70V4 May 24 s
Linfc Belt
35%
Dec
28% Feb
55V2Jun,ll
Lion
19% May
30%
Jan
78% Dec
>
Dec
24 % Aug
'
109%
Feb
17% Aug 19
77% Sep
2
63
11 :
23% Jan
85
-
»
9 ?
14
Jun
20
Feb
13% Jan
2
>18% Dec
27
Feb
15% Feb
27
20 % May
21!
68% Jun
4
<
24% Jun 11
57% Feb
28
28%
Oct
19% Feb
27
30% July 15"
17%
Apr
21%
Jan
18
Feb
19
137% Dec
172 f
Jan
141
Jan
21% July 29 »
158
Jun 22 ;
>
79% Feb
6
21% Dec
21% Feb
39%
>
29% Jan
53
38% Mar 16
Dec
•17% May
93
Feb
29%
Oct
20
Feb
101% Aug
Dec
25
11 V
92
26%
Oct
Sep•
C6
11
47%
*45
47%
*25
25%
25%
47%
25%
*45
25 Va
26
700
39 Va
♦38%
39%
300
38%
24%
*24
24%
*24
24%
*95
67
97
*95
97
*95
97
♦95
^
6%
12%
12%
36 V*
36%
37
37
38
6%
3%
6%
6%
6%
6%
6%
3%
3%
3%
3%
3%
f"
i
.4
*41
60
25 Va
*25
25%
25%
8%
*8%
*8%
9
*25 V4
26
9
*8'A
9
——
—
50%
50%
50%
50%
9'/a
9%
9%
*9%
10
24%
24%
24%
25
*24%
25%
52%
53
53%
53%
53%
53%
"9%
9%
9%
9%
10
25%
24%
24%
52%
52%
52%
52%
9%
> 9%
.
9%
9%
9%
37%
>37%
,
.37%
37%
88%
88%
169
1
9%
37%
<
38
»■
•«
*37%
300
1,300
2,400
5,200
90
89
*168
>
1,800
38
88%
1 s-
88
170
168
*38
500
>>
168
41
88%
167% 168
169
*37
37%:
•
.88
88
w.
2,500
50%
50
*9Va
*168%
26
9%
50
49%
10V*
88
11,100
60
*8%
9
49%
'
3%
*41
25%
26%
49%
>
6%
'3%
2,100
3,300
3,100
60
*41
60
*41
63
38
>6%
.
300
"
12%
37%
12%
y. 36%
36%
12 V*
25
1,600
v
120
;
>■
41
10%
40
41
41
40
40
10%
•
*39%
10%
10%
10%
10%
10%
10%
67
67
66%
67
66
66
42%
43
42%
43%
43%
44
18%
18%
18%
79
77%
77%
22%
22%
22%
14,40d
17%
17%
17%
16,100
66
66
Nopar
42%
42%
v
18%:
.18%
>
40
>
17%
18
17%
79
*73
79
;*73
*76%
7
22%
23%
22%
23%
22%
23%
22%
16 %
16%
16%
61%
16%
61%
16%
17%
17
27%
28
62%
61 %
28'A
20%
28'A
'■
20Ve
20%
24%
*24
20%
44%
„:>29%
:43%
,29%
97%
21%
24 «/*
■
44%
97%
-
.
29,
44%
18
18
*13
78%
61%
62
61%
28
28%
28%
21
21%
21
21%
*147
100
-
62
28
150
•
3,200
1,000
2,500
2,000
150
*146
v
:
2,900
1,200
4,500
,:■■■'■' '■
149
40
24%
24%
24%
25
1,000
44% >44?/*
29%
29%
29 :•,(
_
45
45
45%
46
1,500
97%
*96
97%
*96
21 y*
22
22%
22
24%
*96
97%
21%
21%
21%
.
65%
44%
'
:
21
*24
44
*96
21%
*147
150 •>'
65%
-
11
62
'•'v 27%
20%
150
300
10%
28%
62
r
"24
151
*148
,
12%
12%-, 12 Va
49 Va
7% preferred.:
—;
ion
Louisville Gafe:& Electric A__No par
■
47%
25%
24%
*8V4
>
300
38%
3%
iNo par
♦45
900*
12
24%
*41
May 15- / Louisville & JNashvllle*..__*..i_.5Q
35% May 15
Lowensteln (M) & Sons Inc com—1
98 V» July 14!
4%%-cum pfd series A.,—100
24% Jan* 8.
Lukeps Steel Co^
^
_*_10
19% Mar 17
11%
39%
No par
r
11%
19%
*24
-
6%
g
Co
12
'25 Vs
12%
168
300
*11%
19%
*11%
97
25%
ib,6o<y
7'A
19%
♦38 Va
39
36%
..
6%
;
24%
12%
Lone Star "Cement Cofp_.
Nopar
Long Bell Lumber A___i___,_No par
LoriUard (P) Cb common
„_r_10
3
Mhatee
16%
11%
«
6
7%
*38%
Vs
♦95
50
Mar 17
>13% May
'
24
'
Lockheed Aircraft Corp.
*
i
Loew's Inc
-...^xv.aiNq par
58% May
12% May
$ per there
6%
6%
*7
7%
19%
11%
25%
38 Va
Corp
Liquid Carbonic Corp com
3%% conv preferred.
-
10% May
Oil
Isles fat
the Week.
20
19%
:,/<
v<
6
*7%
19 V*
;
47Va
25%
Tire.A*———
Lima-Hamilton
7%:
*45
12
-
5%
7%
.
19 V#,,
*45
Libby McNeill " & Libby..
7
Life Savers Corp
,-w—8
Liggett & Myers Tobacco com._j'-25
7% preferred
i—;
100
Lily Tulip Cup1 Corp..*...;
_No par
2
,
-
*
Lerner Stores Corp__*.i..____No par
Libbey Owens Ford Glass
No par
1
10 %
13
12
$3 hon-cum.lst preferred__No
par
50c non-cum 2nd,pfd_
„_No par
Lehman Corp (The).*.,
j
Lehn & Fink Prod
Corp...,
8
May 15
May 20
Apr
-
40%
47
'
26% July 12
9% Feb
96%
10
—*._.•
41% Feb
May
'
Sep
2
Jun 24
11
May
>19%
Lehigh Coal & Navigation Co«—.10
Lehigh Portland Cement.:
25
Lehigh Valley RR__
Lehigh Valley Coal com...
i
Non-cUmulative prelerred.__i._50
10% May 12:
78
>
,
19
29% Mar
>
'
16
59%
May
46% May
8
38
2
19% Mar 30
Feb
9%
?
Jun
—i
25% Feb
14% May
38% May
9
35% Mar
>
Jun
11
7 Va
„
5%
5%
5%
■'
7%
(James) & Sons, Co com^J;_.3
3.85% cumulative preferred—100
13% May 22
Feb
Friday
Sept. 8
$ per there
t^per there
-
'
5%
EXCHANGE
v' CLOSED
Leea
Feb
1
35% Mar
17
27
Thonday
Sept. 2
Wednesday
Septa
t per there
tper there
,;••>
STOCK
i
Co
Lee Rubber dt'
Apt
1% May
■v
May 18'
26% May 28
> 44%
Jun
4% May
5%'
.
47
BALK TRICKS
Tuaeday
Aug. 31
*
Light Co.———_4
Cen&olid 6% pfd_i,.7S Petos Mex
VThe)—..^..^nc par
Lane ■ .Bryant
common—-....No par
4 Va %
preferred——
....50
J Lane-Wells Co
1
12%
'
'
30%
Feb
101
Dec
9% May
95
Mar 1#
30%
«;
36
La
Monday
Aug. SO
Aug.»»
$ per there
Laclede Gat
Lambert
14% May 15
53% May 17
29% May 6
25% Aug 12
56% Feb
May
38
'r
fur
Mar 24
ftaturdsy
e
21
RECORD
LOW AND mai
NEW YORK STOCK V*"
7
EXCHANGE
Vt May 1» '
Apr
8 '
24
•
9% Mar 12
-
Feb
56
Jun
6
•
7% Aug 25
18% Aug 12
STOCK
•
$ per share
li
4% Feb
JHU
dsn
.
>
Highest-,
t per there
'
YORK
(957)
•
29%
■>•
28%
29%
v
29
3,300
10
97%
22%
>
1,400
■
i
M
34
Mar
134.
Nov
41
Nov
36
Jan
27,
132
*.
Apr
132
Jun
n
20
Aug 23
ieti
40
2
MacAhdrews At Forbes com——
10
6% preferred
2100
Mack Trucks Inc new comm6n___5
Macy (R H) Cd Inc com
__No par :
4 'A % pfd scries A
100
Fe b 13 '
27% Jun 10
142;
,
"
41%
30% May
,
99 V*
:
Dec
111
11% May
15%
Jun
3%
*
;
32%
7 ;
Jan
19% May
525
Jan
Apr
7
23
Mar
20% Feb
Dec
5% Feb
Feb
V8% Feb
4
13% Jun 28
•
'
6% Feb
14.
■J:
34%
"15
Dec
Feb
22%
111% July
May
;
>.,14% May
Mar'
14
Aug
11,
15
;
24% Oct
Mar 16
39% May
63% Jan
47% Feb
26% Nov
19%'Mar
24% May
35% Nov
175,.: Dec
39% May
190
27% Feb
Jan
22% Apr
11
-
10
(Glenn L)
Martin
'
Go-w-
69% July
:
Marjtin^arry -Corp..i-i.*—.t-Nb
Masonite
'.?• 27%
4
9
May 20 *-
19%
20 )'
13%
13%
9%
*10
12»A
20
"'
'
20
*500
;
'
'
'
*21
i':Vv
10 v-: >
7%
7%
17 V*
>
7v«
S3
*■
# 24%
25%
•I.
*98
08%
*98
17%
63
—No pat
v'/
64
21
IB
*37
37%
172%
42%
*41%
/
*
15'/#
15
v15%
i: Dec •
•
85
*
82
84% Mar 27
Dec
.v
100% Aug
97% Mar
7% May
r.
Feb
106
Dec
42-
50
113
35% May
38
Jan
.,Jan
*
,
i
■
J,
Mar
" Jun
41% Jan
90
r-68"^-
172%
f,
*170
42%
♦169
>
!"
k
*il r
12
11
V 28%
24
28'A
82
Mar
24
May
46
>
Dec
107%
'
Feb
5
10IV2 Jun
15
31
Jan
Feb
23% Mar 17
Feb
45
Jan
30% Mar 17
Jan
5
98% Jun
11
24% Jun
31% Feb
19
23%
16% Feb
24% Jan
Aug 13
Feb
80% Mar 24
90% Jun
Feb
36% Feb 27
Jan
24%
Jan
14% Feb
11
73
;
Feb
52% Feb
19% Jan
12% Jan
16
1
s
Dec
65% Jan
44% Feb
103% Mar
88
Jan
17% Feb
35% May
•
;
"v
36
27% Jun
Mar 10
94
Feo
>
i
'
■
13
Feo
11
11
69% May
10%
Jun
>
*
'
156
•
May V
Mar
-
129%'Feb -11
12% Feb 27
15% Nov
>14%
u
140
-
70% Dee
7
Dec.
14
!15
May
Jan*;
S8%
3%
11%
>32%
99
123
Mar
£•
86%
*88
.42% Feb
.
May
j
24"!
.
.
May
i
9% May
Feb
*18"%
11
-4
9
Feb
Midland
3.90%
s
'49% Feb
102
Feb
-
,
102% Apr. i.
May
64% Feb
11
.
May 17
F?%
Dec
13*
23
Mar 17
23
20% Jan
22
19% Mar 17
Mar
16
Oct
107% Mar
19
-
sec
19
Mat 17
100 % Mar 31
15% Nov
For footnotes
Feb
11% Feb
page 26.
16
Minn
Jan
5
t:
>
xA
*89
90 ■:>; ■>
11%
11%
41%
111% >v
*40%
J J,'-.
10
70
70
v
.
300
11%
44
500
,
*110%
111%
28%
28%
28%
••'•'
1,200
90
*88% ,68%
*77%
79%
'
<•/' i ■'•>.
i.^
"
1.400
,
>
v-
33%
98'/a
99
*37 Va
38%
37%
37%
10
'
>•:
*88 •'* '60
■••;-=
•r;,::97%,-.97%'
90
*23
23%
*23
23%
20
*19%
20
19%
*19%
*
23'A
*19%
19%
V
19%
92
*91%
*38
40
23,':>
V
92
92
40
*36%
23%
*37%
23%
23%
*135
-1—
Moline
Power
Mojud1 Hosiery Co
16%
^
:V.'
49%
49%
90%
54%
17
16%
•>■
9'/#
9%
•
17%
9%
68
*66v#
*109
*61%
62
*61V*
•
89
*88
89
*88
"
23
*23
23%
*23
17®/#
17
119%
119%
*119
67%
57%
>>>16%;
,
8
23%
.
■
*41%
97%
42
41%
41%
300
98%
98%
■;>>>.;' 90
122 !
6
Aug 31
10
14% Jun
$3.25
52%
8
54 %'v
*108%
r
xl4%
& Co..™.—NO par
—3
*24%
•>,.
Motor Products Corp_x___.i—No par
Motor Wheel * Corp.xx—'
8
$7
Mfg.'-Corp common.^,.'
^.1
preferred...—_U.—No par
Munsingwear Iric——8
49%
50
50
50%
49%
91
91%
■;
:
;
'W
.
26%
26%
26%
;.
>:>' 3l'A
,
17%
110% 112
12
12
17%
17%
102
119
7%
:
58%
6%
8%
17%
*118
>
1,800
8%
13,500
14,400
31%
31%
30%
31%
39%
40
40%
40%
13%
13%
13%
13%
13%
26
25
25
*24%
♦24%
53
52 Va
53
53
26%
53%
,
53
800
700
200
V
26
53%
*108
113' ;
*108
*106%
108
*107
5,600
300
113
107%
108
400
57'/*
10,700
3,600
54 3A
55%
55
66%
V. 56 Va
57%
56 V#
15
14 %
14%
14%
14%
14%
14%
24%
24%
24%
24%
24%
16%
16%
17%
17%
27%
*27%
24%
16%
16%
*26%
27
32%
122
12%
.
.
27%
27%
21
*20%
-
31
♦11%
18%
27
19
121
♦24%
;
"
21
•20%
♦19%
20
19%
19%
30%
29%
30%
30%
121
♦12
122
12%
119
12%
121%
12%
150
58%
8'/e
40 Va
21
•.
>
58%
VA:.
31V#
19
f
100
16,400
119
13%
*24%
r
400
:>
18
30%
107
"
'; 2,900
270
■
.
102 >
*40%
108% 108 Va
■
2,9oo
>■
67
*101
59
8 V#
10
2,300
91
67
18%
58%
57
,
*66%
*101'
118 A
119
119
110
21
32
102
17
107
r
19
' 19
67
66%
*101
.91
67'
400
.■■•■;;■,:/;•
50 >!'
91%
♦91
143A
16%
Mullins
13
107
■
24%
16%
j,————2—1
12%
*108%
7
56%
55
.
52%
112
*106% 108
Moore-McCoririttck ' Lines-..—I—8
Mueller. -Brass',Co
*13%
UH
15%
Iric -2
13%
303A
.
5,600
A
13%
13%
41
par
136%
13%
56%
7%
*24
♦135
13
29%
,
>
13 %
*40%
13%
136
.43%
12%
*12%
24 Va:
136
56
43%
13%
7%
13%
137%
2,100
17%
55%
:
12%
41%
preferred series!A^—Nopar
( Jbhri)
*135
120
56
;
■■
24%
preferred serleb B—i-.No par
Montgomery: Ward As Cd
>No par
Motorola
43%
17
17%
56%
43%
30%
-.1.25
$4
Morrell
17%
56%
43
40%
"
f'
17%
.v
200
97%
56
">>..29%
;>•:
V Monsanto Chemical CO Com—.:
•-
600
89
*88
17'A
101
101
400
62
54
67%
*66%
■•>
101
;
900
9%
61%>':
61%
43
49%
01
91
1,200
?
•
17'A
12%
><•■■'•".'49%
.
903A
'
•
16%
*53%
13%
12%/
90
1,800
'
16%
54%
17%
9%
41%
41%
*96% ' 98 Va
137% >
14 % ,> .-12%
12
Irtipl corri——1
Machine TOOL-^—-.NO
*135
137% >
.
.
40
'16%
53 %
-
*42
100
1,100
.
,
23%
*53%
/:■> 23
17%
f'l 53 %
100
300
19"%
16%
43 77
17%
-
v
43
,
13%
preferred :seriei: A> _Ji:-.Ii.lOO;;:
Monarch
-
17%
55 f
:
"
92
54%
♦9%
42
-3 100
>
16%
16%
99 : >
'
1,500
1,800
♦87
31%
90 >;
19
23
23
*97%
48%
31%
91
38%
♦53 »A
-
61%
90 /:>■>'
*41%
•
;
,
200
48%
31'A
91
I
92
>
10
*22%
27%
48%
31
19
40
>•>■ *88
*22%
*41%
27%
48
19
,
91%
61»A
*27
■-
23'A
19
*9%:
62
27%
I
*87
,
1,050
*37%
27%
49%
27%
*48%
16% > 16%
23%
42 >
>
•■*30%
16%
*61%
800
33%
99
55%
•>•>'•*9%
54
Sharet
f per there
tper there'
33%
18%
17
16'/#
the Week
99
*53'A
55%
*16%
there
Bale* fa#
Friday ;
Sept. 3
33%
'223A-' 23%
••
:•
16% >
*53%
>
Sept. 2
33%;
19%
*36%
23%
23%
16
;
Yhurtday')
>
98%
90
91%
92
*42
Mohawk Carpet Mills.u—
15% Jun 24
29% July
6 4
33% July
7%
"
*
May 21"
17% May 15 »
2.7
Jari
9
18% July 2'
29% May 27
23
May 27
24
Jun
9'
Mar 17 V
Dec
27%
-42%
/.v;.;',,
Wedueaiay
sept. 1
f per
22% /
185A
"
preferred.;.—par.,:
*
July 13'
65
47% Mar 16
27% Oct
17
122
May 15
112% Apf
6
10
27%
25-
800
>42%
98%
313/4
*18%
40
5
—100
Nd par ,
Minn St P A SS. M A; Ytc
Ndpar
Mlnh-HoneyWejl Regril Com!—3
3.20% cbhv pfd serihi A—L100 :
Mirth Mih <Ac Mfg—No par
•
61% May 17*
11 '
11% Jan
*90%
10
"• duni 1st* pfd.
Mirinehp & St Louis
3
44 ^
24% Mar IT
27% Feb
17% May
2,900
'.'> ••■•'
33%
49
>86
m 22%
>
18%
*37
pfdllQO
Petroleum.—.
8%
July 13
34
'
'
-
18%
>
10
13%'Feb
14% NOV
17
May
19%. May
•;.,14% May
.
63%
21%
99
31%
23'A
19%
>
^
$6.50 preferred—__J_l-—.No par :
121 - July 14
U—L—".10
,73% Jun 14-;"Mtesiofi :Corp—L—
Mo-Kan-Tekas RR com—.-^No par
9% July 13
It
34% Mar 17
128% Feb
f
.-
2,900
37%
33 V*
,
>7': 48 >'
90
23 »A
/I
>.■;
>7." *37%
38%
;
/ *26% > 27%: :•
*26%: 27 V#
*47%
48%
32
32%
Steel Prod com.——No par
Mid-Continent
18% July 13
111% Mar 11
Oct
.
'15%. Dec
^10
CLOSED
par
1
preferred——_L_N0 par
Miami Copper
$
10*
78
2
Oct
8
Feb
May
May i >125% Feb
May,»
51% Jan
8 .' May :
13% Feb
23% Sep {
32:
Feb
49% May i
63% Feb
49
.
N6
Merrltt-Chapman & Scott___Nb par
1?
May
105% Jun
10% Mar 16
Dec
Jan
195% Mat 17
!
:
7
15
98 }
>54% Mar 11
$3.50 cum
Metropolitan Edison
56% Apr 21
July 211
102% Dec
>j 110% May
•
Jun
•
16 f May
43% July 19 ;
88
Jun
48
9% Mar IT
Feb
66% Jah
114% F«b
£
Mar 16
>
Co.
K
-
>
>104
>
35
45% Nov
-6% May
47% May
84% Dec
> 5114
Apr
89
Dec
Stores
STOCK
EXCHANGE
Mesta' Machine Co
19% May 27
38% Feb
29% May
28%
28%
10
V
v>., , 900
:
•'■- 700
172%
\:.V
18% Mar
.136%
.5
■
15
48%
Apr
preferred....;
.
38%
-
104% May 25
12% May
>
•
>44% Jun 30
6
Co__i."_.—No par
Mc-Quay Noriria Mfg Co....
10
Corp common
i.Nri'par
4Vs%. pfd (1st series)——100
4% 2nd pfd (2nd'series)
.50
Melville Shoe Corp.— —._i._——.1
Meilgel Co (The) common-t—
1
59fr conv 1st preferred—_.-4.i_50
Mercantile Stores CO Inc.—,_3%
Mefch fc.Min Transp C6__L_Nopar
Merck Ac Co Iric commbh—1—1
95% Jun 23
>
13
Jan
?
63% July 13
11
10
2 ;
33
■
V#
41
*110%
10
2,200
♦170
77%
*11%
>>
8,300
>
"
99
*37%
--'m
there
*32%
.
*98
*97
—100
1
Pub
>.$ per
• per there
t'y. 331 33%
Mead
62 Va May 15
18% Juri 24
50% May 8
28,
111% Aug
47%
•
Dec
f
8
19% May 15
*
19% July 16
43% May
Jan
25
10
20% Feb
$4
McLellan
46% May 28
25%
_
J.
12.
50 ;
May
16
May. f
5514 May >;
13% May 1
;v
2
23% May 25 ;
27
preferred—.:
conv
Mclntyre Porcupine Mines..
8
McKesson & Robbins lnc com—18
9
105%
Dec
20,
,
•
%%
McGraw-Hill
1 :
35% May 15
Jan
87
Oct
3
McGraw Electric
■■
Tuesday>
Aug. si
^|iaiida)r>.
Aug. SO
a>■
%
I per there
May 15
52% May
23
18% Feb
25% Feb
>VV
.
n
Aug. 28
McGrory Stores Corp com.—--#—1
•
14
42% Jan
88
105% Feb
t 97%
*•
EXCHANGE;l»;'
:di,
Batwrday :
'
•
$ petsMrf
44
*,
16% May "f
88% Jun
*
/
'
«
36% May 2t
11'
56%
32
Dec
83
:
Highest
36% Mar 12
Feb
17% May
21 % Dec
40%
'
g per share
25
Feb
45% Oct
30% May
87
>>
Lowest
I per share
Dec
35
28
.28%
:
41
7%
700
17 Va
25»A
37%
/
> V
>•
LOW AND «GK BALE FEICES
NEW 'YORK'STOCK^—1'
•
Range since Jan. 1» tv
33%
28%
>
"
May
41
>*110% 1U%V
/>> f .;,
Highest
I per share
-
'
100
6,100
16%
63%
>88%
77%
300
21%
■
42%
88%
*88%
90
*77% : 79%:7
>; ll'A^ 11%
V
40%
40%
*110'A' 111%
111%
*110
*88%.
88%
*88
.
>
•
;
Year 1947
;
77%
11
11%
1
Range f or Frevfens
Lowest
89%
77%
40%
40%'
preferred—4.—'..No par
1st curif preference—_.No"par
McCall Corp
i.-.*——No par
$6
88%
*88 />
• -
77%
77%
,•
10
15 y#
>
21% t
V 172%
42
42%
-
:' ■
5,300
22
16%
:
•.
37%
x37%
10%
98%
15 y#
*98
s63%
21%
21% •"
37%
: 88%
/
68
$3
112
Apr 16
26% Aug 11
*68%
•'
$3.40' cum pfd
.t.No'par
Maytag Co common———Nb par
-
12% May 15
43% Jan 21
Jan
9 s
12,
*
$3.75 Cum pfd 1947; series_.No par
18
Jari 13
85
e;
110'
48% Jan
:V-
93
6,
77% Aufe|13
9% Feb 11
14% Nov-
Jun
108%. Mar
>
Feb
84
15% 'V>15%
63%
63%
63%
21%
37%
42%
42
•
25%
98%
700
;
22%
24 y#
*98
; 200
13%
10%
*17%
98%
20 V#
7
■
...
V
580
22%
7%
2,700
>
12%
10
17%
:
25%
15'/as, 15% t
172%/
,*17%
*21
.->
22'/#
25 Va ;
21%
*109
>
;
37
37
9%
10'A
15 .rv
,
'
7'/*
17 Va
>" 10%
21%
10'/#
22%
7'/*
25
98%
,
'
*21
*169
.
•.! ;
15?A :
>-15%
*03% >03%»
15%
7
7%
•
16%
23
♦17%
98%
15
15%
•*<*
par
28%
;;
*500
10
21%
,:,■■
10 ;
13%
■>;;>
10%
*9%
22V
22%
r•
•
,
20%
13%
10%
lO'/a
9%
..
7%
17%
*17%
V'"''24%
>:■•
8%
*21%
9%
*22%
22%
/
10
22
•
9%
9%
V
*12
580
4,300
37%
101%
20%
13%
*500
*9%
9%
10
>
21%
>
22%
•>v>;
9%
;
12%
*19%
/
13%
580
"
88„
.
V
101%
*12
20%
37%
*99%
37.
*99'/#
20'/*
13%
,♦500
580
20%
20%
36%
i
36%
102
12%
♦19%
!
-
13%
>13%
10%
9%
Master Electrid Co
-
37
137
*12
9%
*21->•-
Mathieson Chemical
Corp.—.No par
7% preferred_____i...____i._*i00
Jart 26*
>•47% Apr 20 '
May Dept Stores common
93 .- Jun
3 " >.• $3.75 preieited—-ilii-ifii.Li.No'par
176
:
*36%
*132%
36%
*99%
.
580
21
Corp——.
37
137
20%
•
39% July 29
11
13
> >
1
wu
19% Jan 10
170% July 6
35% Mat 16
49% Feb
29% May 18
103% Jun.
9
6
V 18% July
.
>
4
*36%
*132'/#
20%
20 V*
*12
it-
*600
37
137
,
20%
36 %:
36 V*
*99% 102
101%
#.'■ *12
*36%
*132%
37
137
20 y#
36%
*99%
Maradaibo; Oil Exploratirin.k.w^^—1
Marathon Corp..
;__4—.—^i.6.25
; Marine Midland Corp.t,^.—w——5
Market St Ry
prior pfd—100
Marshall Field & Co :'com__L_No par
4%'%' preferred—*-100
17.% Aug 16
*
Jan
-
*36%
*132%
37
■w; -36
Mandel.Bim.—par
Manhattan ShlrV____i.—_k—
S
%
25% May 17 *
8 <■ May 20
20
20
97
Jan
34
Feb
7
14% Jun 22
10,
,
16%
9,
May
22% May
•V 97 y4 Dec
Jan-
26
17
16% Mar 18
'
■
4
>36%
■
8% Mar 16
Feb
■f 27%
6% May
7,
Dec
27
15% Apr 12 * Madison Square Garden—No par
24% May 20 '
Magma Copperi...
i-10
16% July 6
• Magna vox Co <The)_i—J
—
1
525 < Apr 23
- Mahoning
Coal RR Co_—_^—^...50
Manatl Sugar po__.L—*
i
lO'/a May 21
l
5
11
114% Feb
Dec
39% May
103% Jun
,
25
9% Feb
> 12%
' May
9% Dec
1 22%
11% Feb
Xl6% Feb
500
V; 6
>r
Feb
21% Mar
•
10% Dec
.
jo
12
Apr
18% Aug
-
; 16% Apr
455
30% Mar
98
Jan
Mar
•:
".*132%; 137
20%
>
20 »A
20%
>20
200
3,000
17%
:
28
800
400
20%
400
20
•8,700
28%. ,29%
117
118%
"
810
'
*12%
;
12%
: 200
'
Number 4731
8
Year 1947
Lowest
NEW I YORK
Mange slwee Jen. I
***#•*
for Previous
share
S per there
40%
Feb
33% Feb 10
Apr
Dec
9%
Dec
37 Vs
Jan
Jun
56
14
Peb
it
17
Feb
44%
50%
2
45
112
37% Sep
3
Jan
107%
60% Jaja tl
Jan
112
16%
107% Jan
Deo
13
19
ltoy
May
29%
Feb
20
May
30
Jan
24
16%
Jan
6%
Jun
4mm
Feb
4%
if
14% Mar
14
29
8%
11
11%
17
29
19
31
188
34%
Deo
21%
Feb
28%
80
Jun
187
164%
10
Jun
26%
Feb
20
BVa May
13%
Feb
May
43%
Dec
Deo
14%
Jan
Deo
7%
13
15%
Oct
<
•
Fab
48
12
Jun
Feb
10% Mar IS
24% Mar 17
32
20%
Jan
14% Mar 17
ft
17% May
30% May
23%
Oct
48%
Dec
14% May
25%
Jan
Deo
28% May
107
36%
87
Dec
29% Jan
Deo
190% Sep
Deo
167
Jan
15%
Deo
Jan
8%
28
1%
74&May
Apr
Jan
Jan
Mar
Sep
Jan
Jan
18% Fab
85% Feb
*22
13% Feb
Feb
Mar
13
Nov
11%
Deo
95%
Deo
108% Jan
35% May
22% Deo
*87% Deo
17%
44%
32%
102
12
12
n«rwf
MM
Feb
May
It
10
lua
29
20
t84
*27% Mar 19
II
100
Peb
87
Feb
It
38
Feb
©i
1
UmI
Aug 21
3»»
9% A
lie
MM***
Wtu
emm ■
•
11
Feb
19
Feb
11
121
11% Mar
«
290
200
Jan
Mar
16
Sep
23%
Deo
100% Aug
Nov
25%
Oct
Dec
50% M*r U
100% Jan
t
Feb
8% Feb SI
18%
(Amrport
ii
July
14% Feb
83% July
47% Feb
•
♦%*
33
Feb
160
Jan
www/m
f
dfe,
a**
*122
34% Mar 19
34
20% Mar
15
82
4
1-.
PpaW
27
Deo
64%
Nov
55
26
Feo
Deo
30%
Sep
25
Deo
33%
Jan
10%
Jan
Deo
30%
Nov
13% May
22%
14% Mar
Feb
115%
Feb
25
79%
11
Deo
Deo
102%
Aug
22%
19% Aug
6%
88% Jan
Oct
13%
Feb
18%
9
Feb
39% Jaa
5
Mar
Ji
129
118% Feb 29
97
4m
36% 4m
tl
Mar
111%
21
i
Deo
Apr
Deo
17% May
35 y«
18
22
93
.
Deo
7% May
May
15% Sep
86
38
94
Mav If
17% Mat St
27% May II
49% Apt 94
9
•
27%
107
13%
118
7 % Iftay t;
14%£*« f
# per there
28%
Dec
28% Feb
Dee
Feb
93
Feb
«
99
Feb
Mar
Feb
#1.79 em
26
:
Feb
Jan
31%
140
faw* A
Feb
29% Oct
36%
A bat"
Jan
124% Jan
**«!'
35%
Feb
106
Apr
40% Feb
A«r>rfj*
t
Jan
30
hmnwm
•
4m
It
#»*
i»% 4m tf
36% 4m ii
1199% sm 1*
4m
23
4m
20
I an
t
33%
Feb
27
Ian
it
Jan
147
19% May
Mar 17
28 y4
Feb
17
July 19
93
Jan
8)
Ian
Aug
Nov
80
July
tf
9
It
37% §m n
114
II
-
ft
51% July Sf
4m tt
Ian
§
Feb 27
11% Jaa
«
Mar
May
16
Sep
11% Feb 17
19
Feb
80
Oct
lit
Aug
3
«3% Feb 1|
Oct
»«sr%
84
Jan
Jan
46%
*33%
Deis
43"% Jan
80%
Nov
62%
25% May
Deo
131
Deo
39%
Feb
30
129%
Jan
89% Feb 21
168
Feb
*89%
3% May
81% Jan
4%
8%
13
7
59%
Jen
»
Feb
4% Feb
It
41% Feb
It
Deo
7%
Feb
4% Feb
II
14%
Feb
• H Feb
27
18
July
40%
Jan
55
Nov
Deo
109
Mar
Jan
Deo
19%
Deo
8
33%
Sep
Dee
Deo
81% May
7
Deo
8% May
82%
0%
Feb
13% Mar It
4«
Sep
28% May
I or
109
32%
July
Jan
53%
Jan
4%
Jan
43
Jan
34%
Feb
14% Feb
15% May
38% Nov
48%
footnotes
Peb
see
Feb
51% 4m
t«% J*s
•7
Feb 81
Ian
18%
19%
33%
33%
33
/
§
104 s/8
*104%
57
*56%
57
I934
*19%
19%
105%
56%
56%
19%
19%
19%
34%
19%
*104%
57
*56
34%
*99%
100
200
1,300
.
33%
33%
101
*99%
99 %
99 %
32
32
32%
32%
82%
33
32%
32%
7%
14%
14%
14%
14%
Xl4%
14%
14%
14%
No par
♦14%
15 %
♦14%
15%
•14%
15 %
1#
30 %
30%
30%
30%
31 Va
14%
31%
14%
32
10%
94 peientt
Pi urease Steve Co
10%
*10%
10%
*10%
10%
10%
36%
36%
36%
37%
37%
37%
10%
37%
38
38
38
97
96%
-97
97
97.
96
96
36
23%
36%
36%
2,800
23%
170
No par
*99%
No par
Ptertt* Power Corp
PtersheAn Shoe class A
Corp
feet Pair Ate rat Inc.
Pent Mttchtesry Corp (new)
10
100
J%* own conv pfd
Peeeer»Wlaesler Corp common
9* trier preferred
Aegar Co
X97
33%
101
97
•95
34%
34%
34%
34%
35%
20
♦22%
231/4
23
23
23
*14
•
13%
13%
1
9%
10
43%
,9%
43%
freed tart Orata 4s Malting Co Inc.1
Fruebaaf Trailer Co common
1
*10%
34
♦99%
;
101
34%
4,500
101
*32
20
33
900
14%
14%
2,500
'
30
10
No par
ar
Pes-}.
A •»»*■:* t if)
^r*ss* Fa
14%
14%
$
36
15%
15%
*23
23%
15%
9%
43%
14%
32%
10%
10%
36%
*22%
:
14%
31%
/
9%
43%
300
7,400
800
•
3,300
180
15%
3,600
9%
15
1,200
4
9%.**
43%
43 Vo
*43
9%
#
43%
-
9%
*43
44
500
10%
10%
10%
10%
11
10%
12
11%
12
1,400
20%
21
20V4
20%
20%
21 %
21%
21%
21%
21%
5,200
*82%
45% 4rn 13
*4 % #wif if
104 % 4m
7
147
Mar i»
4% AW
«
41% mm ti
ft % M*.f 17
11% May 21
21% 4m 21
I
% 4m
1ft
11% I
Si
l#ft
MS
*99*
At
C£g c'tf
0a*AWK4
tow
4%*
c
May 12
4% Mar 11
22% Feb II
25
Feb
It
23% Aug 11
22% Fab 11
98% Apr
9
22
Aug U
Feb
72% Jan 29
Feb
It
»r
83
82%
82%
*82%
83
82%
82%
82 %
270
105%
Jan
tper there
27% Feb
90
19
Apr 29
20
Feb
17% Feb
It
Jan
79
30
Nov
Sep
21
Apr
Mar 17
48% Feb 27
Feb
Oct
33
Feb
19% Sep
71%
Feb
47 y4 Mar It
Www*™
«*
88% Mar IT
24
Aug
Jan
96% Mar It
16% Feb 11
Oct
3% Feb 27
5% Feb 17
8% Mar
|*4ti
15% Aug 20
i
21% Oct
18
Feb
11
33
_
tf-irnhM fefei
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af
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Mf*e
l
94% Mar 11
8%
lAveai
tolawfcft
1
Mar 10
July
109
i*
■tote* Km
Mar
61% Feb
d'
©Hi
4>
113
Jan
24
Feb
It
107
Mar
90
Feb
29
Feb
9% Mar It
29
Sep
12% Jan
49%
Feb
m,
1
Mar 27
It
39% F*
27
4m
4»% 4m
#
I
24
144
la*
9
J»» 99
41
May 97
41
4m
At
A
4m
»
ft*
*82
eonv
American
1
14
It
128 % Jaa
»9
4% Ma* 24
98% Jaa 14
91% Jaa 11
Juiy 9
99% May It
139
3t% May
«
At
4m
II
Mat 12
93% Mai it
8%
8
*3874
8%
8%
387a
2074
16%
167a
17
17%
17%
177a
17%
17
♦1027a
103
*1074
107a
1037a
*154
12
1037a
52
*103
52%
*1017a
1074
/
1037a
527a
1027a
10%
156
17
107a
104
52%
103
10%
*103
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*101
*10%
10%
♦1547a
12
11%
117a
*11%
125/a
12%
12%
137a
156
107a
*156
127a
2ft
»
13
79
76
77'
*75
76
*75
76
*75
76
*37 7a
387a
387a
387a
*37 7a
39
*38
40
*38
397a
100
2074
2074
2074
20%
217a
217a
*20%
2174
*20 7a
20%
'300
1277a
1297a
130
*
130
*127
1297a
*127
1297a
387a
397a
3974
39%
397a
3974
39 7a
39%
40%
3974
40 4
♦91
92
917a
917a
*9174
*128
407a
39%
92
*91%
May 19
•5% 4m
9#
May 19
Aft % Juiy
t
2
1297a
26,300
4074
3,100
92
♦917a
11
11
107a
107a
1,600
4974
50
50
50 Va
1,400
92
1074
1074
49%
4974
497a
1074
497»
♦1217a
122
121%
1217a
*1217a
1227a
♦1217a
1227a
12178
122
100
*102
104
104
*10274
104
*102%
104
104
104
10
62y«
63%
No par
No par
*120%
121%
-No par
*15%
Cement Co
95 V2
1
14%
3%
0
12%
62%
•15%
«
14%,'
*25%
^testr^Corp com—No par
,
15%
15%
15
22
22 Vs
15.*?.
22%
14%
-a
3% A.
15%
22 s
.
'
*
14%
".
14%
.
3%
12%
13
*22%
22%
22%
23
*124
5
127
4%
26%
26
26
124
25%
26
26
22%
126
25%
26
*26%
102%
*101%
102%
24%
24%
27
*101%
24%
24%
27%
86%
*83
86%
*83
'
86%
*78
8'0
*78
-il
80
*78
Jam
t
t
111% Apr ti
24% May It
94
May ti
103% Aa# It
47% May 29
104 % 4m
9
23% Jun it
27 7a
l%M
277a
v—( O 2
1027a
2574
2574
86%
> 80
*83
867a
*78
80
Jun It
t
40
July 14
11% May »|
98% May It
*3%Ju»
I
11
Jan
22
Feb
27
141% Jun if
70
Feb
60
Apr 10
29% Feb 21
77
Jan 27
to% jun
a
35% Aug
21% Mar
12
105%
13% Aug 24
Dec
10
Feb
91% Apr It
18% Aug U
Feb
5% Mar
•
17% May II
11% May II
At
Jun
g
25% Jutj 12
t
•
Feb
7
A7
14% Feb
12% Feb
11
61
20% Jun 2J
44
It
94% Jun
95
Dec
Dec
85
Feb
76% Dec
67% Feb
16%
14
i
Sep
Jan
10
3?%
33%
33%
337a
*91%
92
*91 %
92
913/4
91%
100
217a
213/a
213,4
5,200
0
No par
No par
il
Jan
14
JwSy 21
it
Jan tt
9
A
20
STOCK
20
22%
BXCHANQR
CLOSED
84
23
*51
5%
♦119
*80%
5%
*115
*19%
59
59 %
58%
*102
103 %
1
3%
*20
0
*6%
10
♦15%
No par
30%
Lt
103
45%
20%
20
7
*6%
17
*15%
121
*119
pfd
19%
19 7a
1,200
58%
59
59%
59
6074
60
60
3,900
103%
*102
*102
45%
103%
104
37a
6%
20%
67t
*15%
163/4
31%
32%
r
27%
27%
26%
*93%
26%
94%
*26%
2674
2674
94
94
13%
13%
*93%
13%
94%
13%
14'/a
14
39%
*38%
40
No par
No par
14
14%
13%
13%
14
14
14
43
43%
447a
21%
43%
21%
45
21
42%
21%
43%
No par
100
21%
21%
45%
21%
137%
1377a
137%
100
t
OreenfMd Tap A Die Corp„No
par
©reybennd Corp (Tbs)~
Cream
t%n
*69
36%
139
Aircraft
*136
1
137%
73%
*70
73%
*70
73%
37
363A
367a
363/4
367a
14%
14%
14J/a
36%
*13 7a
14%
*13 7a
11%
11
11%
11%
117a
1174
100
Corp
new
96%
96%
20%
21
10
Iit i
n
*7
*93
11
17%
53
'
*96%
20%
97% ••
93
•
•
.17%
96
'93-1
•
17%
•
70%
68%
16%:'i 16 %
21
*92
.
53 Va
•
187a
687a
683/4
177a
Feb
It
1
Pern* Hurt
#*m*t iferi
farmer** I
Hsmm mP*R.KP4 A
*4
112
Jan
Feb
108% Sep
27% Dec
79
Mar 22
*101% Feb
It
Jan
21% Feb 24
146% July 30
39% Jan
27% Mar 16
160
notes see page 26.
29
lot
n
■s
*
,7 A
Jan
If
jun It
27 * Jun
t
164% Jaa St
24% May |ft
Rartmseei
.'1
Ball <W P)
RamlAea
Wat^
20
Printing Co
Watch Co
0t
00m
No par
OA eonv preferred
100
Ranna lie A) Co $4.25 pfd-No
par
Barb A en Wait Refrae eoak—No
par
OA newferred....
100
Bart *e*aft»«r 4b Mara
19
-
*34%
35%
*14%
35%
14%
14%
14%
*13%
14
*13%
14%
*34%
*82
*904
24%
♦145%
28
84%
106
24%
82%
*104
24%
149
*145%
28
*28%
*34%
547a
-•
.•
95
*92
,
69%
t-:
■
!
10,700
1,100
-14,200
70
16%?
*
■
.
;
35
34%
34%
•14%
1474
14%
*1374'
147a
847a
14%
84
106
24 %v
24J/4
*145 7a
-•
i'lP
14%:
*81
149
5,100
■
*34%
*135/e
*2874
84%
*104
243/4
243/a
149
297a
*■
145 %
*28%
;;
10
\>
&.<
353/4
*104
82%
2,000
" t
jfH
» r
120
>
.5,000
.
547a
",-.167a
>
,
...
'.,1774:18 74
v,547a
.7074
5f;. "
'
97
7%
95
683/4;
19,800
14%- 143/4
106
28%
•
1678' .177a
.
200
14
20 Va
18%
,
2,800
1174
674
.!
Att Si
It* May 29
114% May tl
•I
'J'-
*96'
36%
^'•2074
177a,
n <.■■:>>
70
737a
67a
.54-.^:
r
1.100
2,900
1,700
v
1377a
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20 3/4
.
♦92 4 <
-
537a
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678
1377a
97
•
20%'-
t;
95
«177a
68% !
*96
.
7
67a
V
*52%- 53%
16%
97
21
21%«
<:6%?>V6% *:
95
17%
16%
*13%
.
7%
53
X69
147a
21 %
137%
14
? 100
45%
*70
11%
5,100
45%
*21
*36
14
50
14%
*14 v;
•
72%
11%
©eaataanme Sugar common
1
0» tone preferred...——No par
Ouif Mobile A Ohio RR com.No
par
it pratemd_
No par
ChHf OA Oarp
pg
©nil Sftatec UUlUiea Co
No par
94%
40
*38 7a
37
9
—
praferred
Grumman
*137%
•
21%
4,700
2,300
27
14%
40
v500
16%
32%
*9374
14
Oraat Western
♦387a
6%
6 3/4
1474
38%
7,700
32%
267a
>
1,000
4
*1574
•
27
94%
13%
H
91
63/4
200
20%
37a
67a
31
30%
9,800
•
103%
*20
4
1674
*15%
46%
1033/4
20%
37a'
100
103
46
104
94%
vv'::;/
Jan
*102%
46%
*10372
4
67a
17
30%
103
46
r-
20%
20
3%
30%
45%
*103%
•
38%
7*
wraferred
Oraen Bay it Western RR_
Opwi (H L) Co Inc
10
197a
No par
com
3,700
122
*119
19%
30%
*38
5%
19%
©t Netharn Iran Ore Prop
©t Northern Ay $%
pfd
I
|
39
122
2,800
53
57e
19%
1
Stores com
23 5/8
*51
5%
100
preferred
237a
53
5%
3,200
83
*80 7a
237a
*51
5%
4 %
4b
237a
53
121
83
Shares
20
20
3%
3%
*8072
23 %
5%
45%
103%
21%
83
*51
333/4
♦91%
21%
x23 %
5%
103
45
104
92
20%
*80
121
19%
33%
*91%
83
53
19%
44%
92
23%
5%
121
32%
20%
23
53
*51
*103%
new
20%
*80%
.No par
com—No par
Vitf ateei
©reel (W T) Co common
Sugar
the Week
Sept. 3
32%
No par
No par
eonv
Sales for
Friday
Sept. 2
33
Grant* Oonae! M4 9 P
•3 ft emm
Thursday
Sept. 1
Nope?
tf preferred
Gotham HoeHry
3%*
Wednesday
Aug. 31
32%
9% A evnt preferred
50
Cteebel Are wing Co
...
.
1
©old A Stock Telegraph Co-—100
OoodsJtt Seaiord Inc
19
Oeedrteh Ce (A f) com
No par
©raysao-itoMasott
t per there
2 per share
Oramw
Of
Tuesday
Aug. 30
I per share
Graham-Paige Motors
14% *rp
300
v
2,000
t per share
com
©rand Union Co (The)
4,700
*26%
*
t per share
—
23% 4m 14
91
May 29
600
120
f per share
common
t
•% Apr If
11% A ug 2
f
26%
No pwr
preference
arred.
prafei
Monday
Aag. 28
eon
04 99 preferred
99
1,600
267a
LOW AND HIGH 8ALE PRICES
RatarAay
Per
todyear Tire * Rub
1,800
127
257a
25
'
•
1,200
47a
•
25%
*83
80
22%
126
27
*78
1,100
1,800
5,700
127
*26
126
24%
14%
4
277a
26%
500
13%
4%
102%
*83
'
4;
13 7a
227a
27
25
600
3,000
14%
*101%
102%
400
,
*124 7a
25%
25,800
122
227a V ,22 7a
*
4%
*26
100
i
23
x27%
26%
25%
25%
64%
127
27
110
;
9574 %95%
157a
:157a
22%
4%
125%
*26
63 7a
1217a
s
3%
13%
*124
*124%
23%
IOO
3%
4%
27
25%
,
13
127
4%
125
25%
3%
*124
4%
26%
25%
126
3%
64%
122
♦14% * 15
13%
•
*101%
A
14%
*3%
12%
127%
25
95%
13%
•124
25%
95%
21%
100
126
63%
*121%
95%
95%
15%
2«%
*4%
63%
121%
95%
*
*22
26
62%
121%
95%
21%.it
No par
lOe
62%
121% 121%
95% :
21 Vs
10s
—
Corp
Utilities
©e (The)
100
107a
*102
40
4074
40 :
107a
_
©IMden
•
.40 V4
497a
Equip Corp—No par
Are there
20
1074
Refractories
No par
Oeeeral flhee Oorp
1
©#a Ateei Casting* ftt pfd—No
par
General Teteptume Corp
20
GUabel
7,800
»
497a
preferred
soar
300
12%
*77
General
9»
,
117a
12 Va
100
Spr* there
S*%
1,900
50
1587a
117a
127a
39%
series
©Slew# Safety Raaor
800
103
1074
156
117a
156
70
'
5274
*101
156
*11%
100
1,400
2,200
104
5274
103
39
KtW YORK STOCK
EXCHANGE
91% Ms fit
2,400
21
1
com
600
38%
2074
No par
com
,
87a
8
39
207.
*38%
No par
©en Outdoor Advertising
»tbt
87a
*18 7a
387a
Motor* Oorp com
Thpn
8
19
No par
At
to
300
1874
39
1274
preferred—.
J** ark preferred
©en Tlra db Robber Co
4%A preferied-
19
19
217»
♦117a
0A
98
300
*20 7a
No par
©eeeral Poods Corp com
93 59 preferred
to Realty A
100
16
*38%
*154
100
Railway Signal
477a
16
2174
0
4* tone 2nd preferred
00
General Cigar Co Inc com—No par
7* prefer f ad..
.100
©eeeral Sectric Co.
._No par
Gea
*3674
1674
No par
Utilities
*117a
,
16%
387a
*517a
preferred
1174
47
*38 7a
*1017a
preferred
11%
*1574
X21 %
517a
Oeeeral Arenas Corp
General Cable Corp com
*1872
8
5,100
47
11%
167a
77a
1,200
87a
18%
11%
2174
10272
—
Portland
7%
*
8
*18%
39
51
©enseal
774.
87a
18%
21
Investors com—1
preferred
Piafonod 93.79
8
*18 7a
48
*15%
19
*18%
103
101% May 22
39
19
1174
*47
16
•100
left
7%
7%
,
87a
1874
47%
16
100
OA
7%
8
*18%
1174
*47
16
0ee*fftl Arner Transportation
0
04 39 p*t series A.
No par
©eweral Raking Co common
.5
94
77a
87a
1874
11%
4774
*18 7a
50
General
94% Jun
16
1.66%
M
125% Jua
77a
8
*18 7a
1174
*47
No par
Inc com
l
Oeaerai Instrument Corp—
Oeeeral IflUa common
4ma ft
1174
50
Mo par
preferred
9499 preferred
*7%
8%
18%
5
com
©•fleet Ceetalner Corp
Oeoerel
7%
87s
*18 7a
'
(The)
Oerdnee-Denver Co
to Weed Industries
4**
•7
1
20
preferred
eonv
13% Jua it
14% May It
1»% Ju«
2
109
Jaa
2
36% Feb
)
ft
44% July 19
20
9
It
28»y it
29% 4m it
4m 2|
132
18% Mar
Ml
92
Jan
27% Mar
19
34
19
9
JuifH
163%
8% Jan
)•
Mai,
Fas
Feb
Fa* « ti t
F*
14% May
1
Oambk-Rkogmo. Inc
Lowes.
11
29 % Jun
93% May It
109
May if
11% Jul# U
15*
4m
1
(The)
Oameweil Co
Range itsat Jaa I
Mtfbasi
Highest
It
11
May ft
>9% May t
!•% May tt
105% J a* ft
0»
ITOCKS
1947
12% Mar
M*»4m
• % May It
tt
Oebrtrt
Oai* Co 1m (Robert) com
•* prwferred
Previous
19% Feb
26% Aug 24
24% Feb It
f % Mar It
9
19
110% Feb
F*m.**»A*|
May II
>% May It
33% la*
»
i
Panne
n% May «
Mar It
lea
freeftaioa
85
106
9a«>
f|
t
29
ii
Psbtte Aervtce—
7
Mat St
Ju*
19% May tl
29% May U
Gee
124
1ft
Mat if
109
to
103
It
t
9* own preferred
©eg
It
34% Feb
2
■.
•
93% Jan It
8% Feb II
22
iey4
37
If
Oct
90
•%
134
Feb
Ay# l«
43%M*f n
.
47% Mar It
Dee
May
19% May If
May n
If
73
it
11% Mar 29
30% Mar It
Jan
*56%
19%
18% May 27
124
17
9% May
•0
104%
56%
19%
«% May I)
11% Jw* 24
>»
May t*
21% Mar 19
37%
t
105%
56%
9
Jan
14%
10
"104'/a
Stores
It
2% Feb
09
|
tt% Apt m
lit
It
108
.^54 i
It
Mar l«
163%
61
100
No par
National
"61
4 a
M1
41
It
11% Jan 29
Feb
6% Feb
r
14
Feb
16%
•%*-.
As#.*
36% Dec
IAJ
if
Oct
84
May 21
11% 4m
34% 4m ft
It
16% Apr 14
23% Feb It
May
24
149%
Jut* 21
ta% J«iy It
f pat i%f#
27% Feb it
92% Ian
9
Feb
ltft
12% Mar 17
NtM
Feb
July
V
16% Feb
tf
Uveal
Jan
19
Dec
58
Deo
f
Jaa
12% May 94
47% Jwa 14
20%
2tf%
•1%
2i% Jaa
it
Range Mass fan. t
Highest
27
May It
Sep
14
81 %4w 24
Feb
50% Mat It
119% Feb 19
93% Feb 17
2 per share
8 per share
May n
Jan
tl
93
10% Mar It
Year 1947
# per share
*304
19%
Range for Previous
Lowest
105%
preferred
(The) Carpet Co
No par
PRntfcete Oa (The) common—No par
PtrtA
107%
17% 4ma 17
13% May if
f
t
9
Marl!
40% Feb 1*
Feb
85% Feb
9
4m
29% jaa
Aug 11
11% Aug II
20% Sep
3
Jan
Deo
Jan
tf
78
Apr
25%
45%
Jun
12
8
t
36%lab
18
82% Mar 10
25% Feb 11
18% Feb U
Feb
Deo
33
4m H
17% 4m
Aug 24
6% May
•104%
4%*
Pta*
e
p»* ti
Aug 11
Aug 36
16%
83%
600
105 %
f
«f If 4M^b*v
19% am it
t
Maris
R«g
Fw'iawwt
B f
11
Apr 22
19% Aug 11
128% Aug 19
31% Mar 11
Jan
54% July
131% Feb
tt
II t Maw
35% juif if
Feb
73
Aug
16% Mar
*
d,
1**1;
1*4
Apr
1
9% Mar 17
9% Feb 11
103
tii ThM 'ff" iir'
#•
v
II f cmy
f
39%
45%
II
146
Jan
4%
Oct
"33% "Deo
66%
!•»
•
99% Mar 84
185
II f" Asaa#
•1
Jan
18% Feb It
11% Feb
13%
13
4m
20
Oct
58%
4m ft
9#
11
Jan
102
Mat tk
14% Ian
t
14% Feb 87
IS
5% Feb
Feb
'
80%
320
1,000
24
1,000
23 % 4m It
Feb
16
14
4m
«t
239
6% Mar 29
20% Feb It
86% Jan
•
2~5% 8e~p
v
24
3,100
A««t 1*
*«% Aug It
11% i 4X$ 21
109
May i»
21
19
107
Deo
10% May
Mar
49% Jan 19
Feb
97 %
24
*23%
61
18
43% Feb
23% Dec
93
f
30
84%
9%
mm **#* «:
21 f Cbsa «
Meb
11% Feb
39
Feb
Nov
97%
24 %
47%
47
Sep
2
12% Feb 27
Feb
22% Dec
,1
18% Jeff J|
4m U
144
4m t
23% Apr 19
36
Aug
Nov
17%
Rewpeet 9ht,
Feb
18% July 30
11 % Aug 31
fft
Pmmmi
99% A eg 19
43%
9
Dec
6% Mar l«
7% Feb 11
Jan
ftft
t
te% 4m
It
77% Mar 29
17% Feb
10% Oct
82% Aug 27
26
15%
97%
23%
24
47%
Prawtsee
21
20%F*a
*
24%
^||
9
Oct
Jan
*97%
23 Vs
23%
*24
60%
FraakJUn 8tores Corp
Preeper* Auipbor Co—
103% Mar
Feb
62%
*23
47%
it% May >«
17% Mar 12
98
22%
300
60%
It
May It
47% Jaa
t
17% May It
24% la* I
At
Aug 4
Jan
97
97
25
2,600
47%
12% Feb 2t
39
mm mw
*24'A
*96%
29%
59%
8% Aug 9
35% Feb 13
It
22%
24%
1,600
29%
47%
21% Jaa
Feb
22%
9%
30%
30
30
59
22
10
97
22%
29%
.
47
Jan
Jan
97
*24%
'
60%
»R %
22
CLOSED
•
29
47»/8
24% Feb 27
Feb
28%
6,400
17%
9V4
60
Dec
Mar It
29%
9'/s
47
60%
99
19
20%
Deo
I
29
BXCHANOl
9%
39
17%
'9%
47%
11
Feb
9%
1
25% Jan
in
i
11% let
9
hut 11
94
4m 19
99% May it
3
11% May
230
J*s
98% 4m
10% Aug 26
19
62
89
9%
15Vs
*38
18
60
15% Ju» 24
24
9'/8
15
■
39
60
W%luiy 12
9% Mar 17
Feb
9%
'
*17%
47
f«% Aug t
41% Ju s 14
14% Mar It
33
9
STOCK
15%
*38
v
10
3f %
23% Peb
18
15
39
*17%
25
26
Dec
*38
17%
Shares
,-c
Ptreetooo Tlra * Rubber com
21
Aug
15%
39
*17%
the Week
PWattty Pben Ptre Ins N T
26%
iii.
19
17
Dec
29
15
*38
17%
for
Sales
Sept. .3 r'
t per share
May ?«
32%
I
f
Msy ft
Feb
137
Feb
preferred—100
Mfg Co
Raeael Corp
15
39
17%
Friday
Sept. 2
t per share
$ per share
4m 29
101% Ju»
11
24
19% 4m «
May It
19
22%
Apr
81% Feb
lio" July
8
m% May ft
41 Sep
|
15% May 28
13% lit m
Aug 24
50
May
Oct
^5% Feb
26
18% May
14
40%
n
CUf U
4m
25% 4*t#
94
1st
94mr 14
00% Mar
Dec
Feb
convertible
Tarrant
en
14%
Thursday
Sept. 1
4 per share
15%
PRICES
Wednesday
tt
49% Mar If
14% Feb 20
lha*WA* *1'
46%
Jun
32% May
80
It
3
Feb
July
1
11
18%
38
104
Jan
15
SALE
Tuesday
Aug. 31
91
11
39%
101% July It
88% 4m
§
22
Feb
11
107
Feb
Feb
98% May 1#
6% Aug 4
15% Feb ti
Feb
106
53% Feb 29
43
t*%
*11'
pee*
Jun
Feb
Ps«*
P*«f
24%
Nov
fist
t
Feb
t©
13%
Deo
I
2a%Ju*
30
#♦
Deo
28%
*4% J*»
13% Feb
t
11% May
13% May
98
9
19
Feb
No par
\
t per share
*38
federate* Dept Stores com—No par
Feb
»»%lu* U
0 per there
•
Federal Motor Track
Feb
Monday %
Aug. 30
—1
Oorp
Pwiaraj-Moful Corp
18% Mar 17
*98
4m
Feb
105
FbAtarMlulgatt
20
Jan
147% Apt
f
*% IN*
»
14% lea It
17%
11
;
(955)
RECORD
4 »• 4
Patters! Mining 43 Smelting
00
Jan
177
% Sep
12%~l>eo
9
Feb
17%
163
Aug 19
L»4%Pett If
22
29%
Jun
Par
Jan
41%
it
Jan
100
8% Aug
6
20% Feb 10
110%
Jm
28%
20% May
Mar 11
7% tear
Ma* ton* i.
38
H Mar 29
81% Mar 10
Dec
19
20% May 22
11% May it
31% May It
107% Aug
62% Dec
ft
Nov
23%
11% lu*
41
61
U
I
*3% May 4%
S*>%
*
2®% 4m
A
Feb 29
95
21% May
12% May
18
I»
'
168
6%
Feb
Feb
136
■
TTarttrffiM
i4%A*?g r%
Jan
18
20
16
21%
17
17%
27% Feb U
15% Feb U
Peb
35% Feb 11
59% Feb
I
fllgyHbagMjiil 1'
• %M«y M
12% 4m
i
10% Aug 31
38
96
11
Dec
I per there
26%
»
13% May
Deo
14% May
26%
$ per share
Saturday.
Aug. 28
EXCHANGE
26%
173% 4m 23
23
May 17
•% May 21
6% Feb 11
33% Fab It
33
STOCK
CHRONICLE
LOW AND HIGH
9TXW YORK STOCK
42% Mar
4
I
J»#
16% Feb
Dec
Bugiiawliat
Nig bast
Lowe, t
-
$ per share
14%
fee*!
tl%9m n
914e**A
3
24
34
Jan
e
Highest
23% July
14% Feb
24
27
«
ilk
19% May ft
13 % Jury »
17% Mav 23
45
Jeff t
Jan
v
Murray c 4
»
9% May
10% May
1
♦%%
1047
•
af.
%
«
*
Dec
tf Ak
May If
43
4m
U%4m
10
14
8%
Feb
FINANCIAL
STOCKS
28% July
107% Jun
21
19%
&
Lowest
Highest
$ per
ar
35
COMMERCIAL
'1
Range for Previous
Sper share
THE
*13%
100
.
500
14%
83
*104
106
149;
*145 7a
149
*28t/«
—
no
83
106 %
25
29
297a
*2474
t
25
1,400
200
'
u
page ft.
.
.
«;> »v
.v-rj;. ■
""
[die lit>•?;
'
""
19
Monday, September 6, 1943/
THECGMMEflCTALv&M
(956)
*.
"NEW YORK STOCK
Range since Jan. 1
Highest
Monday i.1?
Saturday
*
* n
1
"
Aug. 30
Aug. 28
exchange
Lowest
Highest
Lowest
LOW AND HIGH SALE PRICES
STOCKS
Range for Previous
Year 1947
1 per
$ per
share
6% May
Dec
share
100 Va
75 V*
6
Apr
48/« May
9%
Oct
25
Dec
35%
Jan
22
May
30%
Jan
90
Dec
103%
35
May
x95
Dec
49 %
Nov
68
165
Sep
63
134
Mar
Dec
38
118
Oct
134
20
Sep
10
5
27
91
Jun
25
13
23
42
Jan
2
103
9
62
7
153
Feb
14%
10
" Mar
46
'
Feb
121
221/4
21
27% Jan
28% May 20
86% Jun 25
79% Mar 22
Jun
22%
14%
Dec
10% Apr
Jun
26
33
Dec
28
Apr
X29%
NOV
Jan
20V*
Oct
12Va
Jan
15 y4 Feb
25
35%
Jan
48
Jun
34
30
Nov
36
Dec
26% Feb
13% May
1
ioJ
E)
The
Furnace
—__5
(Del>
& Sons
(Ar)_—
Finance
20% Feb
J.1
38% Jun 10
Feb
18% Aug
ll'
23
Jun
7
33
31
47
Jun
9
Howe Sound
Mar
6
Hudson
14% May
3
5%
Oct
14% Mar 17
Jan
13% Sep
7%
Feb
1
10
*36%
30 Va
43%
43 % - -•.
45
45
33
33%
32 Va
32%
No par
Refrigerator Co—No par
20
39%
6%
pfd ser A«_100
conv
non-cum
Jan
26%
Dec
24% Jan 22
37% July 12
RR stock ctfs series A.
May
11%
Dec
9% Feb
11
12% Jun
Dec
30'/a
Jan
20% Feb
17
25y» Jun
66
169
Dec
180%
33
Feb
Oct
34% Mar 10
46% July 14
15% Feb
11
21% May 27
6% Feb
11
18
May
Feb
2% Mar 10
•% May
15% July
3
11%. Feb
3% May 18
16% May 24
11
125%'Feb
>
10
Aug 11
161% Mar 31
Dec
186% Jun
May
22% May
10% Feb
34%
Oct
23% Feb
96
Jan
74
Feb
9
6
Dec
3%
Dec
25%
5%
Dec
36%
Feb
Feb
5% Feb
38% Jun
94%
Dec
137
59%
107%
Dec
Oct
Sep
Jan
33% Jun
Feb
86
May
16
Feb
Dec
116
Feb
85
58%
Feb
52% Jan 24
45
Dec
39% Marlfl
63%
Oct
43
46% Apr
;
f. 37%
,
Jan
40 % May
32
Jun
40
0 % May
9% May
Feb
Sep ^3
1
Jun
45
Jan
lo
Mar
35
17%
Feb
11% Feb '11
16% JUn 24
Electrica
De Mex,
;
—No par
*150%
—_20
Harvester
preferred
16%
Minerals
International
July
Feb
82
Jan
39% Feb
18
53
May 15
Foreign
iotrnm
23% Jun-14
30
May 28
-
Dec
104%
Sep
92
Feb
13
99
Jun
46%
Oct
34% Feb
10
42% Jun
108%
Dec
125%
Oct
113% Jun
19
33% Jun
10
98
Dec
145
Dec
Jacobs
11
112
Jan
100
V Feb
10
106
Dec
145
Jan
29
158
Jun
,29 % Mar 16
11
37% July 14
83 % Feb
6
93 Va Apr
40%
Oct
31% Feb
11
43% Jun
1*
Jun
22%
Feb
.14
Feb
11
21
3%%
*
•' May 20
*"...ic
108% Mar
29%
Dec
/ 58 %
July
May.
£ 47% May
90 2
17
98
11
46% July 13
48% Mar 12
13 % May
18
Nov
.14% Mar 17
26%
Feb
20% Feb 20
'
21%
Oct
17
Feb
10
...52 %
Jan
42% Feb
13
44% Aug 31
39
21%
103
49%
Apr
27%
Dec.
Dec
Apr
Jan
63
Oct
29% Feb
40
3%%
4%
Oct
■
1%
11
Mar
19
8
11
90% Aug 16
32
Feb
13
18
i
May 22
26% July 13
22% July 12
18
60 I Jun
150%
-
20%
,i
30
2
75
2
^
Jan
36% May 27
95% July 15'
39% Jun
3
16
58% July
52%
Oct
41
13
47% May 18
26,
Feb
8 '
19
96 Va
96%
96%
*95%
97
2%
2%
2%
600
2%.
14%;
*2%
14%
14%
4,400
96%
,
*2%
14 %
28%
*7
-
7%
*3%
4
136%
59
*94%
95%
9534
*94%
10
10
*9%
87
85%
85%
62
*60%
31%
136%
4
136%
260
60%
59%
60%
7,400
*95%
95%
*10
62
cumulative
*
60 %
42%
42%
42
62%
62%
34%
34%
*34%
13
13
13 Va
13%
13%
13%
13%
18.700
13%
*13%
13%
13%
13%
1,200
23%
♦22%
23%
500
31
*30%
31
'
par
7
41%
12%
13%
12%
13 Va
13
13
13 Va
*12%
♦22%
23%
23 %
23%
*30%
30%
*30%
30%
*30%
35%
*35%
139%
139%
35%
35%
35%
*137
139%
LOW AND HIGH
'
Aug. 28
——1
preferred-—100
com_iu_No par
CLOSED
_
1*94/
36%
106
*104
*27% "28%
*101%' 102%
*155 ; :. 160;
35% '.36%
■
35%, 36
*104 ;/ 107:?;^-,!
:
28% 1
*27%'
:
.
101% 101%
160
♦104
,
28%
x34%
88%
88 %
88%
*87
35%
*.—109
95 V
35%, 36%
36%
35%
35%
36
15%
157/a
'
*88
106
1,300
83%
50
46%
900
*46
'
95
40
36
5,000
105
200
*93 Va
95
..35%'
36%
•104;
104%
'
*28 Va
*100Va
102
*155
*155
160
88
•8t
88
*87
36%
*36%
36%
160
35 Va
29
:
& 160
35%
36%
36
preferred
Southefn com
100
No par
•'•
*89
92::;'"
42%
92
02
*90%
42
42%
93%
44%
44%
44%
58
56%
56%
*56
'15%
15%
16
16%
25 V.;
25
25
20%
19%
19%
-43
42%
V
*55%
57%
*55
*15%
16
16
16
Kayser (JUlius) & C.o
ft
Kelsey Hayes 'Wheel conv class A—1
Class.'
16
*24%
25 Va
*24 V4
25%
24%
25
Kennecott
x57%
^__No par
Land Co
5
Kimberly-Clark Corp com—-No par
4% conv 2ftd preferrfed
—1 _10O
(G R) Co common
$5 prior preferred.
1
No par
Koppers Co Inc com.Ifon
10
Cumulative preferred 4'/# ser.ilOO
Kresge (S S) Co__j.
10
Kress (S H) & Co
;
—Nd par
*
—
No par
-
25
•
20%
19%
58%
57%
58
57%'
58%
45
44%
44%
44%
44%
,58
.44%-.
44%
44%
44%
44
Va
43%
44 V
44%
44.%
21%
22%
21%
22
21%
21%
21%
22%
P6
9G%
97 V";
97
97
■v
98*
*96 Va
'*12%
"■
67
34V4
93
.
36 V8
*52%
*44
■13%
67
34%
193 V36%
53 J/4
i;44%.
20V«
20%
20'/4
;
13%
*12%
13%
*12 V<
13%
•66
68
i66
68
*66
44%
44
v
'
34%
36 Va
1-53
'
44%
34%
34%
35-vr
."35%;
12 %
-<13 Va
*93
Ji
ilTiOOO'
2.200
1,300
*93
94,'
36%
>36
36%
36 Vi
53 Va
53%
*53%
54
53%
•53 V2
44%
'44%
■:)'}.
f.
44%-.
"44 Va
>•
■
•'.
?•
45 Va
'45'/a
'
'•
-
'"20
'
'
-
• -
\
2,100
50
2,300
300
.
'
44%
,
;
70 ■//,;
-■At-I
■
36%
53
;
"4,200
94
94^s
♦93
600
:
:68',;.!
>35%'
!
r
■,; 1,600
•
22%
35'%
35%
faOO
44
'v
*66
-'1
»100
.
i59%
44%
36 Va
;
7; i
5,400
.
.97
97
V" *
i
36 Va
94
*93
...
22%
68
'
'
10
45
58
,58%
44%
*12%
(
'
•
44%
59'
Si'
93%
*91
97:;
19%
19%
44 34
•
1,100
15%
16
*91 V
58
Copper.^—
fr
*15%
*55
V-
15%
15%
92
Xl6
preferred-—.*-?._10O
r—
11,600
,
'
City Power & Lt Co—^
.10
V
' i 100
88 V;
36% •'.'36 Va .J1,800
'
15%
15%
*153'*
■•;•''
36%
•/
' )
300l
H29V4
29
*100% 102
28%
K
10
100
21%
83%
46%
36 Va
7%
*21%
84
95
the Week
Shares
*7
7%
104
for
Sales
Friday
21%
84 •)£
X46%
110
Sept. 3
*
*155
35%
:
•
.
*100% 102
*155
35
46
♦93
95
*93
96
,
36 /;
84
45 Va
46
*45
45%
*83%
83%
83%
83%
83%
7%
22
800
142
1 per share
I per Share
21%
7%
7Va
*21%
22
*21%
22
*21%
7%
7%
7%
7Va
STOCK
EXCHANGE
$ per share
* per share
< per share
I per share
Sept. 1
300
35%
35%
.Thursday
Sept. 2
Wednesday
Aug. 31
Aug. 30
300
36
*139%
142
SALE PRICES
Tuesday
Monday
Saturday
STOCK
*139%
*34 %
35%
35%
35%
140
700
62%
62%
62%
36
23%
30%
*137
42%
*42%
23
22%
*30%
Chicago RR stampedl—100
taughlin Steel com—No pa*
(The)
180
62
42
preferred———1—100
Kroger Co
400
.85%
85%
*60%
10%
85
10
10
*84%
62
62%
1™
t)' Co—J—-
4% 'non-cum
11.'"0
95%
137
60
10%
100
32 Va
41%
"
*34
common— .j—50c
Kansas City
Kinney
85
*82
31 Va
85%
85%
*60%
1,000
*3%
*95%
97
*10
10%
87
2,300
31%
59%
59%
94%
7%
29%
3Va
137
137
137
49-^
•
31%
31%
31%
137
137
59%
136
7%
29%
%
*3%
3 Va
530
'
83
*82
83
v
3%
29
700
14.900
28 %
28%
7%
7%
29%
*82
4
31 %
31%
31%
x58%
7%
29 Va
109
164%' 165
164%
164%
1,700
154
*150
*29
29 Va
7%
v,
:
15
151
28%
29 Va
165
164
164
>
1
14%
150%
150
150
29 >4
'
34%
Keystone Steel & Wire Co_-.No par
84
*18%.
8
,63
Aug 18
Ma?
18%
*61%
46,
14 Va Jun
18%
♦34
Kern County
24
164
3,600
8
*18%
>
97
28%
20%
*7 %
*7%
.149% 450
s
20Va,
V
8
19
'2%^. 2%'
♦14%
14%,-;
*
20%
*7%
,
%
>
20%
7,400
45%
34%
Apr 20
104% July 14
18
18
20 Va
X20 %
45
45%
63
Kalamazoo Stove & Furniture".
3.8 %
8
*95%
163
.NO par
preferred series A_
Kansas
20%
*7%
44%
900
156
*151
155
44%
44
44%
*150%
155
*150%
155
43%
1,900
42
51
45% Feb
70%
*61%
Joy Manufacturing Co__,
60% Jun 221
Feb
For footnotes see page
70%
*41%
2nd preferred series A_i„100
Jollet &
Johes
May 11
59
Jun
40%
11% Feb
102% Aug
Jan
45
Feb
13
92% Feb 21
Feb
38%
Dec
34
19
Feb
85
May
90
36
20
Jun.
'-25
Feb
116% Feb
-11% May
65 Va
Feb
i
Feb
23% Feb
20% May
13% Jan
41% May
70
62
Johnson & Johnson common_i_12%
16
1*
(F
•
Dec
70
fl.7^
.No par
Stores—
Dept
Johns Manville Corp
May 21
151
Jan
16
70
*60%
Jaeger Machine Co common_i.No par
Jersey Cent Pwr-& "Lt 4% pt«L_100
Jefcel Tea Co. Inc com——NO par
May 11
25%
94
70
.No par
Par
9
Sep
100% Feb
20% Feb
11
24%
:\J9--s~vFeb
101% Feb
48 %
70
83 V2
Teleg.*..No
EXCHANGE
37
-27% May.
86% Dec
48%
70
*82
ctfs.—™—. .No par
share
NEW YORK
89
34% July
48
85
.No par
Shoe
$6 preferred
May 25
47%
*3%
com. —j_15
*11 Va
117 a
*11%
12
11 Va
*82
1
I ptr share"
48
4,800
47
5
com
—
International" Telep &
24
39% May 20
92 % Jan
26%
11%
STOCKS
104'/a
26%
46%
30
25
Range since Jan. 1
Lowest
Highest
Dec
310
26 Va
11%
*29
—25
Range for Previous
0
35 Va
46
7
7%' preferred——.
16
6% Aug 11
26%
35%
11%
■30
International Silver common.
1
18
19% Jan-
10
97Va
95'2
35%
26%
35
.No par
International Salt
29 % Feb
Feb
400
*95
95%
*35 Va
97%
26%
"
Int'l Rys of Cent Amer corn.. .No par
—>-100
preferred—.
137% Jan
24 Vz
12,800
85'a
35
26%
7
%•'« 5%
Interstate
13%
500
41%
85
46
18
.
163
:_10Q
Paper Co
preferred
Intertype Corp.
Island Creek Coal
39% May
26%
♦29
1
/ Preferred .*
International
85% Jun 14
Dec
34 3 4
41 Va
86 %
*95
_'__100
& Chemical
preferred
26% May 27
Jun
34%
41%
86%
86
8
29
No par
—_*.10Q
-9
«%
34%
41%
87
97%
35',4
,
No par
common
11
19%
80%
*33%
41%
*85
2%..^2%
14% 4.4 %
149 £ J49
No par
——
Machine
Business
17% Mar
$ per share'
34
*34%
*7%
No par
11% Feb
$ per share
34
40%
*95
44%
20%
20%
_«__1
Rubber:
Oct
t per share
40)4
*85%
155
43%
No par
18
Feb
Highest
33%
39%
69%
69%
—400
97
Feb
Lowest
33%
■
,
12%
46
l
5
17%
Year 1947
600
12%
46
*11%
S A—
.
-UT0Q
27%
145
2.5C0
1.600
26%
22% Mar
3%
12 3 4
1,600
Apr
Aug
3%
12%
*13%
10%
May
158
3%
12%
24 Va
19
Jan
1.400
3%
12%
24%
;20
143%
13%
3%
12%
*10%
Mar 31.
Jun
13%
3 Va
♦12 V*
10%
v$4
i
65% July 12
4
13%
3%
24%
Int'l Nickel of Canada com_. .No par
i
2
Mar 12
30
6,000
10%
4%
July 22
64
:
18-
24%
Int'l
14
May 20
107% Jan 29
9% Aug 11
17%
10%
International Mining Corp
2
99
28
9
104
18
24 %
7 %
15
64% Jun
42% Mar 17
17%
10 Va
3
139% July
2
300
1,900
23%
Int'l Hydro-Electric Sys class Aj_23
5% May 20
24% Mar 16
135
10%
44%
10%
'
130% July
38% May
*9%
23%
Int'l
9
Jun
93
3% Mar 16
*4%
44%
10%
Int'l
9% Jun 24
11
4%
10%
44%
23%
11
174% Jun
11
76
163
'
4%
10 Va
10%
Interlake Iron
154% Jun 14
x34% Jun 11
28
434
10%
23%
Intercontinental
9
Jan
700
"434
10%
4
23% May 15
103
:
26%
26%
common-^N© par
Inspiration Consol Copper-:
Insuranshares ;Ctfs Inc
Interchemical
Corp com__
4% %■ preferred
—
8% May 24"
Aug 25
Co
1,110'
42
41 %
*4%
97%
.
400
20%
*19%
.
♦IOV2
4 Va
35
'•
34%
-—1000
Ingersoll-Rand common
6%
preferred!
Inland Steel Co
—'
Nov
108
42
23%
Industria
Jun 25
8% Feb
95% Apr 22
Dec
—
Industrial Rayon
3
42
Mar
«100 V*
Power
Illinois
76% Jun 11
160
10
20%
*41 Va
Indianapolis Power & Light—No par
3
9
15% Jan 28 >
Aug 11
150
*19%
-
Illinois Terminal RR Co
May 26
17%
Apr
12% May
; 6% Sep
%
Feb
20
41 Va
19%
86%
♦95
13
4%
lines
34
40%
♦85
i.100
Leased
Jun
33%
12 V*
13
*33%
Illinois Central RR Co common—100
July 13,
56
33%
x40 Va"
10
3%
3 Va
*12%
Hussman
'
14V*
.
4,800
45 %
32%
14
3%
33%
44%
13 Va
14%
1
«.*
1,100
33
14
17%
66%
Inc
Corp——.——
120
45 Va
45
17%
No par
Car—
Motor
Foods
88%
32 V*
"
4%
31%
♦44 V*
40%
900
30%
*36Va
45'%
14
Hunt
97% May 17
10
88
17%
Hudson
Hupp
95% Mar 16
Feb
30%
88
*44%
62% Feb
11% Aug 31'
30%
88
17%
Dec
39
30%
44%
Aug
Dec
300
17Va
64%
July
37%
44%
Idaho Power Co
17
37%
44%
42% July 14
50
37
17%
35% Jun 24
Jan
1,800
37
43%
97
12%
14%
44 Va
27% Mar 16
X35% May
14%
43%
30% Apr 27-
30
14%
10
Dec
26 % Aug 11
14%
88
20
40 %'
700
14%
4%
39 V* Aug
90
,
30 Va
30%
*30%
88
*19%
40%
2.900
*30 Va
10%
Jan
~~7%
19%
40%
1,300
34%
30%
4%
93
x21
19%
3
—i.—*
37% May
f
2„1
27%
34%
30%
37% ; 37%
30%
.,*80%
13%
27 Va
13%
38%
30 Va
86%
38%
*12%
34%
30%
/'
30%
13%
13 %
13%
13%
27 Vt
*9%
14% Jun 18
11'
*30 Va
31
86
non-cum
32%
May
18% May
35
f
preferred
_a_100
Hudson Bay Min
Sm Ltd^No'par
8
Apr
5
35
27
<fe Manhattan common_I100
May 17
19
Mar 18
3
Co
35%
30 Va
of Texas v t c___I__25
Oil
35
*36%
Howard Stores Corp.—
Houston
27 Va
35%
*12%
13%
26%
13%
100
Dec
*12%
27%
—No par
com
29
13 Va
26%
31
100
x34%
*12Va
28%
34%
5
29
28%
28%
27
27
13 Va
28
12.50
preferred
Houston Light & Power
12% July 19
f
*12Va
»'
26
26
25%
25%
5
^
,_10
28%
21%
2,«no
900
(C
3%%
45% Jun 25
22% Jun 14
200
300
1™4
11%
11%
11%
11%
23%
29
Cb
22
30
81
*77
23
23%
*22
*77
17
Dec
15% May
3% May
81
32
Jan
12% May
24
*77
*15'/a
Jun
20
22
*23%
*31Va
Household
34 % Jan
♦2i%
170
17
7
Feb
22
00
300.
123
32
2
43'A
26%
26%
*122
!'■ 122%
121
125%
*15%
16%
May
125%
26%-
26%
26%
122
2,200
51%
51
51
125%
*31%
20%
33
51
125%
17
94% Jun
7
900
22
:::
81
*77
81
100
17
*23%/ 24
22%
23%
23%,
143
17
121
121
*21%
*141
17
16%
126
*26%
143
143
51%
50%*125,/4
26%
*26%
121
16
32
34% Jan
2
15%
50%
125%
13%
143
16
*15%
46% Jan 14
5
50%
24
♦77
xl43
144
*141
,
17
10
4% Jan
900
*15%
27
8% Apr
61
16%
Aug 17
Mar 12
Feb
99 Va
60%
16%
Feb
7%
99%
60%
21 %
1
85
13% Mar
99%
60%
11%
38
May
99
60%
*30%
Jun
3
98%
*58%
61%
61%
11%
45%
7% May
98%
230
99
o
32%
29% Feb
Jan
37%
*11
36
38% Mar
*37
*31
37% May
31% May
37%
11
105%
46
*37
32
Dec
85
31
37%
100
i
*37
11
Hooker Electrochemical Co
9
90
32
Oct
18% Jun
13% Aug 25
*89
123%
21%
-1—100
Sep
36
28% Jan
35% Jun
90
26%
*23%
Feb
56
Dec
44
11
*89
125%
*120%
—No par
Houdaitie-Kershey com———No'par
$2.25 conv preferred
50
197/a Feb
,
26%
Holly Sugar Corp
Homestake Mining™
24
90
—10
Hollander
42% Feb
*89
—5
Holland
Aug 20
l.OJO
90
Corp„i.
16% May 17
14
._No par
—5
30% Jun 28
Aug|ll
May
17
Hires
2,200
24
23 Va
9%
9%
Dauchi Paper Co„
Hinde &
2
4,400
22%
23%
?■:
51
Corp—~
29% May 20
5
21% Feb
31%
14% May
Hilton
1
10%
22
24%
126
preferred
cuhi
Hotels
2
Jun
25% Jan
13% Aug 13
21% May
3%
14% Jan
1
10 Va
22%
23%
15%*
51
*125%
Inc
Chemical
10%
22
24
61V4
100
preference—
conv
Heyden
.
37
19
Mar
$4
Hewitt-Robins
2
4
10
22
24
144 "...
15%
600
21%
99
._No,par
common^-
8%
24
'Si %
*98
preferred—;
Hershey Chocolate com
.
9
Feb
18% Mar
,10%
5%
2
10
123% July 27 ;
Mar 22
114
Powder
Hercules
6
*3 I
..
300
6
69
*28
—25
60%
Shares
*89
90
*141
6
8%
8%
8%
9
>65
6 %
69
*65
69
*8%
for
the Week
97/a
21V4
9%
21%
24%
%
24
Motors——™ -No par
Hercules
May 21
8%
-100
preierred
cum
^25
(G W) common
hon-cum; preferred— —100
1%
1
30% Apr
26% Aug 17
Jan
Heinle
July 16
Jun
57% Apr
128% Feb
9
21
3.65%
*65
8%
'
share
9 per
share
*6
6%
*6
69
22
*89
.100
6%
*8
97/B
9%
*21 'A
CLOSED
—15
Common_—
preferred
(H J) Co common
Heinz
May 28
Jan
Co
3%%
Jan
Sep
29%
Hecht
69
8%
STOCK
EXCHANGE
share
*6
*65
6%
*6
*65
5
Hazel-Atlas Glass Co.:
271/4 July 12
14
51% Feb
Sep
29 Va
11
11% Jun
140
Feb
Dec
5
Jan
26% Jan
95% Jan
22% Feb
14 % May
50 %
79
35 % Apr
Jan
126
,
$ per
t per share
Spersh&rc
1
of Amer class A_.
—100
4Va% preferred
1
Hayes Industries Inc
2
Hayes Mfg Corp
_j
Hat Corp
4
10% Jun
78
Jan
Dec
7% Jun'
,
Mar 10
21% Feb
July
140 %
Aug
X20
Apr
Feb
42%
108
;
6% Feb 11
Feb
12
May
•
5
69
" Aug 25
6% Feb 11
,
Par
$ per share
% per share
6
Feb
10%
$ per
$ per share
SalM
Sept. 3
Sept, 2
Sept. 1
Aug. 31
Friday
Thursday
Wednesday
Tuesday
>
*
•
800
£
•-,..
"
1
t
,
•
9
14
Dec
•>
20%
44
Dec
10
'-.fan.
14%
Jun
Feb
47 Va Jan
~38
95
Feb
23
Apr
95 Va Jan
30%
21% May
101
Dec
Feb
10
44%
Jan
Feb
A
3%
25%
9%
Feb
5%
Jun
50%
17'
V
>
Dec
8
11
;
Cprp
Lehn &
Fink
x48
26% Jun
56 Va Jun
1
1U% Apr
38 Va Jan
12
13
31 Va Mar 16
91
82 ti Mar 13
165
Feb
14
8% Feb
Oct
8;'
47
13% Jun
10
Lily Tulip Cup Corp—
Lima-Hamiltoni Corp' —
Jun
14
11
27
Feb
79%
Feb
57% Feb 28
68% Jun
12 V4 May
28%
Oct
19% Feb
21 Va
20 %
27
27
19
Apr
Jan
18
Feb
Dec
A
Jan
141
Jan
6
158
Jun
Dec
29 Va
Jab
21 Vb Feb
11
25
Sep
39%
Dec
53
Feb
38
Va Mar 16
50
May 15.
29%
Oct
20
Feb
101% Aug
26 % Oct
92
Mar 17
t
•
17% May
:
93
Dec
13% May
1
21% July 29
24 Va Jan
16 Va Mar 17
*9%
'
50%
50%
9%. „97/a
9%
9%
*9%
10
243/4
24%
247/«
52%
53
243/4
52%
9%
9%
9%
37%
,37%
37%
.88-
88 V2 •r
88'
88% '
' "
•
53%
531/4
53%
9%
9%
300
1,300
53%
93/4
2,400
93/4
*37
38
*37%
88
89
88 Va
90
*168
170
168
168
40
40
*38
10 %
10%
V.
38
168
41
1,800
'25%
*243/4
25
41
*;
167%
*168% 169
40 a: -40
41
2,500
9
50%
37%
169
26
*8V»
50%
9%
,
60
*251/4
9
503/.
523/4
9%
37%
*41
26
*8V2
'
V
243/4
52%
*39%
9
60
25%
26>/a
50
10
,
'
5,200
500
,
1,600
120
:
41
300
10%
11
3,200
66
66
65 Va
65%
44
44%
44%
2,500
18%
17%
18
43%
181/2
433/4
18%
18%
18%
.18
18
2,000
76 Vb
79
77%
77%
*73
„5
preferred—
conv
(P> Co common—
4%%
Lukens
.
16%
16Va>
171/8
61%
61%
62
62
61%
62
61%
62
2,900
27%
28
27%
28%
28
28
281/4
28 >/4
1,200
20 V2
21
21
21%
21
21V4
4,500
150
*147
20%
20'/4
20%
,20%
*24
24%"
29%
29%
29
A——100
97%
21%
97%
*96
series
10
Co
21%
201/2
29
149
40
243/8
24%
25
45
45
45'/8
46
.1,000
1,500
293/a
293/4
28%
29
■
3,300
*96
97%
*96
97%
22'A
22
221/4
211/4
21%
*146
150
22
97V2
*96
97%
21%
21s/b
'
24%
443/4
29%
44%
44
,
24%
*24
24V4
43%
44%
*147
150
150
151
44%
pfd
Steel
22%
17%
& Sons Inc com—1
(M)
- cum
22%
17
62 %
*24
Lowenstein
16,100
22%
17%
28 %
Nashville————.50
14,400
17»/2
23V«
16 Va
28%
*148
Louisville &
100
22%
22%
16 %
.61%
i_10
preferred
783/4
23%
23%
100
7%
1,000
22%
22%
16%
No par
*
79
*73
79
*73
100
Louisville Gas & Electric A__Nopar
8
.
49%
10»A
25%
11,100
10%' '
Lorillard
35% May 15
98 Va July 14*
11
*8%
49%
88%
———No par
Long Bell Lumber A——_
3
172
25%
83/4
*8Vb
*41
60
*41
25%
50
37%
-No par
'i
60
*25
9
3,300
3,100
3%
67
22
21 Va
3%
6%
3%
*41
9%
Aircraft Corp—
1
Loew's Inc __—_
—;
-No par
Lone Star Cement Corp——No par
4
137 Va
38
6%.:
3%
*6%
3%
6%
3%
42%
Belt Co__
OH Co__
3% %
May 21:
A 17%
37%
'>■
63/4
3%
10%
.
3Q% July 15-
15% Feb
38
3%
4
52%
Lockheed
58 Va May
■
37
6%
66V4
17% Aug 19
85
37
6%
A
2,100
43
9
24% Jun
36%
300
12%
103/4
a
23% Jan
2.
6V4
121/4
36%
36%
A
12%
67
Jan
2
97
12%
42%
17%
30 Va
13% Jan
*05
s
12%'
10%
Lion
77% Sep
97
97
1
12 %
67
11
Feb
Feb
*95
*95
>
12 Vb
12 Vb
10%
55 Va Jun
20
24%
42%
Link
11
109 Va
*24
66
70% May 24
28 % Feb
Dec
24%
10%
55% Mar 16
Dec
10% May
18% Dec
*24
42%
Dec
35 ys
78 Va
<-
24 Vb
47%
66
63
Aug
19 Va May
t
300
24 Vb
*45
47%
No par
Apr
24 Va
(
700
39%
.
Liquid Carbonic Corp com—No par
10
47
•
26
*383/4
*45
25%
25%
168
May 14.
25%
39%
24%
25
No par
Libbey Owens Ford Glass
No par
Libby McNeill & Llbby___7
Life Savers Corp
————5
Liggett & Myers Tobacco com-—-25
2
25%
*383/4
*9%
8-.
t
25%
38 Va,
49%
;—1
Corp
Lerner Stores Corp—_
14
Jan
(The)
Prod
47V2
97
*8%
300
38%
63
par
No
pfd__
174% Mar 30
July 20
37
Aug
12%
20
Mar 18
8% Feb
96% Jan
191% July
Dec
Lehman
May 20
16% Feb
Dec
10-
•
May 15
12
2nd
300
? 900
12
*11%
39%
12%
25%
11%
*11V*
36%
*41
par
preferred—No
1st
50c non-cum
56
46
»
May
33% May
19
$3 non-cum
11%
10,600
71/4
19 Va
:
•
19%
*25
*95
3%
Lehigh Valley Coal com——
1.
Non-cumulative preferred——50
6'/8
*7
20
*45
*24
:m
6 V2
6
•
7»/4
19%
11%
24%
12%
6 »/4
6 VB
*7
-,
19 Va
Shares
f per share
25%
97
36%
P
-26% July 12
10% May 12;
1
:~3
39
24%
I per share
v-
7%
,
the Week
*38%
38%
*95
7 VB
flalee tat
Friday
Sept. 3
,
47%
25%
»
*
Sept. St
25 VB
♦45
47%
25%
cumulative preferred_-,_100
6
57'a
19 Va
:
19%
Thursday
12
12
12
-
•ZVt
19%
*45
Lehigh Coal & Navigation Co.
10
Lehigh Portland Cement—
—25
—:_5Q
Lehigh Valley RR
Sep
2
8% Jun 24
5%
7%
19%
11%
.
19%
& Sons Co com—3
(Jamesi
3.85'/p
7%
CLOSED
.fv
5%
7 Va
5%
5%
EXCHANGE
v.
1
——
<fc Tire---—
25
Feb
Apr
40% Oct
29 % Mar
78
Lees
:
16
Co
9 % Feb 24
Feb
.
59 Va
May
169 A
Jun
STOCK
;_No par
—50
preferred-
Lee Rubber
4% July 12
2
41% Feb
Jan
25
May
46% May
common
Jsryant
4 Va %
38
.
19% Mar 30
Feb
24
38% May
A 10 Va
No par
Co
Lane-Wells
35 Va Mar
5% Jan
(.The) —
Lane
;
13V4 May 22
9 '
1% Jan
Feb
■
99
4 Va Mar 16
Feb
is/8 May
A 35% Mar
<: 14'/a May
Lambert
AuS-2®
v' I Hf «h«re
Light Co
4
pfd-.—75 Pesos Mex
6
26% May 28.
11
30% Mar
8%
Gas
May 18
47
31
Feb
12%
Jun
Va May
}:*■
La Consolid
53% May 17
29% May
Feb 27
4 Va May
9
30 V2
V.
Laclede
6% May 15 A
14Vs.May 15
27
Mar 19
56% Feb
May
'
Apr. A *
24 A-Mat J*
25% Aug 12
35
"
Far
12
9% Mar 12
Feb
56
May
49 Va
11
7% Aug 25J
18 Va Aug 12
Jan
'
EXCHANGE
/
$ per share
■
4% Feb
Feb
7
4% May
•
Saturday
STOCK
NEW YORK
Range since Jan. 1 ^A,
Lowest'
Highest
« per share;
I per share
I per share
LOW AND HIGH ■ALK PRICKS
Wednesday
Ho»day/<—
Tuesday.
Sept. 1
Aug. 30 A i
Aug. 31
f per share
t per share
$ per share
STOCKS
.Range for Prevloaa
Year 1947 ' "
Lowest
Highest
10
V
1,400
M
40
Mar
41
Nov
36
Jan
152
Apr
132
Jun
93'
20
413A
30'/a May
99 V4
111
Aug 23
30Va Mar id
Jan
98
Mar
Apr
11% Feb
21V* Mar
xl63A Feb
25
S'APeb
13
10
103% Jun
5
183% Aug
Feb
MacAndrews
6%
■
103/4
455
'
6
»
Dec
Jun
■
11
23
4
•
'
May
9Vi
500
12%
Dec
19% May
63/% May
'
'
9
Feb
7
Jan
5% Feb
May
16%
Dec'
22 Va May
34%
Feb
'
97 V«
Dec
May
14% May
20
'
4
14
Oct
15
6
39% May
(
63%
Jan
47% Feb
18 % July
r
26%
Nov
19%-Mar- 4
353/4 Npv
24 V4 May
,
175
Dec
190
39% May
Dec
106
85
Dec
Dec
7% May
14% Nov
82
<-
'•
,
42
Jun
Feb
108% Mar
48 3%
35%, May
77 Vb
Jan
9
27J/4May20'
Jan
93
11
Jun
93
Augjl3 '
Apr
16
19% Jan ,16
26
47% Apr. 20 '
Mar 12
110
223,4 Apr
176
6
9% Feb
38
Jan
113
Feb
84
Jan
50
6
35% Mar 16
84 % Mar 27;
100% Aug
97% Mar
.
Jun
85
Jan 13 !
12 % May 15
43% Jan 21
Jan
41% Jan
16
112
26% Aug 11
3J
18
/ $3
9
t§
12
STOCKS
Lowest
Range
■
1
Highest
'
Lowest
,
j t
33%
May
'
25
Feb
Feb
11'
Jan
NEW YORK
82
Dec
1073/4
Feb
88
5
101% Jun
Mar
453/4
Oct
36% Mar 12
423/4 Jan
15
24
May
32
Feb
23% Mar 17
31,
45
52% May
Dec
46
30% Mar 17
Feb
87
105%
25 3/a
Feb
Dec
31%
23%
Oct
88%
105%
Jun
403/4
Dec
50
<:•:
Jan
5
183/, Feb 11
19' Aug 13
16% Feb 27
Feb
16 Va May
21%
23
Feb
Jan
Dec
17% May
,
Jan
563/4
44
30% May
87
Feb
80% Mar 24
36% Feb 27
Feb
1
9
12
Robbins
&
Inc
com_—18
———No par
preferred
Corp
4%<i£>
common
pfd
(1st, series)
4</e
2nd pfd
(2nd?series)
Melville Shoe Corp—,
46% May 28
25
Mengel Co
10
12% Jan
28
—No par
Merritt-Chapman & Scott—No bar
Mesta Machine Co—^—1—1—3
11
Jan
10
953/4 Jun
17% Feb
Jail
36
1113/* Aug
94
35% May
97%
47%
Dec
2
19% May 15
62% May 15
18% Jun 24
50% May
8
63% July 13
13
Mar 10
Feo
6
27% Jun
57*
conv
Mercantile
Merch
Merck
23
&
&
(The) common—
—1
1st preferred—-—50
Stores Co Inc—-'-—3%
Min
Co
15
443% Jun 30
1043% May 25 '
Metropolitan
3.90%
Edison
9Va'Mar IT-
143%
Feb
66 Va
Jan
43% July 19
114%
Feb
88
July 21'
51%
Apr
703/4
Dec
54% Mar 11
99
Dec
102 V*
Dec
99
May
Jan
123
£•: 283A Mar
56
15i
8
h>:> 3%
•;
May
11% May
>').
323/4 May'.,
Oct
Jan
'.'-I 8
13%
May
Feb
10
Feb
13% Feb 11
34% Mar 17
'
:1
H
4
Feb
51%
2
42s% Feb
Feb
25%
:
Jan
10% Mar 16
111% Mar 11
Deq
Oct
3%
Feb
9
11
73% Jun
Jan
61% May 17"
110% May
128%
Feb
102
-
Feb
IQ53/4 Mgr 17
64%
i
15%
C
A
24 :
Dec
May
9% May
;4;/17^A'May;-i
r
Us
!;
J
:
Feb
,17% Dec
27% Dec
-14% Nov
27% Oct
19% May.
:273/4
Feb
173/4 May
143/4 May
25
Mar
102%
Apr
10
May
27% Oct
107% Mar
■/> 15%
NOT
f
■
47% Mar 16
13"
Mgr 17
11% Jan 23-
20 3/4 Jan
22
19% Mar 17
16 :
Feb
19
19
Mar 17
100% Mar 31
11% Feb
For footnotes sec page 26.
Mar 17
23
16
122
27%
27%
273/4
273/4
200
48%
48%
1,500
*30%
31
31
31%
31%
31%
1,800
*87
91
*87
91
90
90
100
300
22%
22%
23%
23%
23%
*23
23%
*23
23%
19
*19vb
20
*
19%
19
20
193a
*19%
19%
19
19
193/8
91%
92
92
*91%
40
*38
*36%
40
23 »/a
:
19 %
1,100
90
92
40
*37%
40
100
19%
92
92
,
"
23'a
23
23
23%
233/e
233a
16%
16 VB
16'A
16 Vb
16%
163/4
163a
16%
*53%.
55%
*53%
54 Va
*53 va
54%
*53%
54%
16 Va
1.7 vb
17'a
17'a
9%
1,800
163/4
55 Va
17
16 Va
1,200
900
"
17
16%
16%
*9%
10
*9%
10
*9%
9%
95/8
61%
61%
61%
*61%
62
9%
*61%
62
*88
89
*88
89
*88
89
23
23
*23
23%
*23
23%
42
41%
41%
300
97%
98%
98 Va
'90
*61%'
61%
62
*88
90
*88
90
*22%
23
*22%
23%
*41%
42
*41%
42
41%
41%
*41%
97%
*97%
99
*96 Va
98 Va
97%
97%
400
9%
600
200
17 VB
!
137%.
17'a
17%
17%
17%
17
17%
2,100
53%
54
56
56%
56%
55%
56
5,600
43
43
43
43%
43%
43%
433/4
*135
.
12%
14 %
13%
17%
53%
*42
137%
13%
*56%
68
*66%
*100
101
101
16%
17%
17
119%
119%
*119
57%
57%
56
13%
67%
53%
12%
13%
123/4
13
2,900
50
50%
493/4
50
2,900
91%
91
91v4
91
91
270
67
67
67
102
*101
102
100
18
16,400
13%
8%
*106% 108
31 vb
31%
303%
40
40%
13%
13%
133/4
26%
13%
$
52%
110
107
,
*24'/a
25
53
53
>•
108 '/a
*108
113
*108
700
200
107%
*106%
108"
*107
56%
56%
300
108
55
5,600
113
107
400
56'/a
57'/b
57'a
'
'v'
143A
14%
14%
14%
24%.
24%
24%
24%
24%
16%
16%
16%
17v4
17%
17%
27
27%
27%
27%
*27va
•
14%
14%
15
800
53%
53
53%
■
26
*24%
,
108'a
-
55%
14,400
13%
26
54%
13,500
403a
53
107
1,800
'
31%
393a
*108%
•;
,
8'a
8%
8%
31 vb
150
>
58%
58%
59
400
119
*118
119
40 va
52%
56%
55
17%
30'a
25
*24
18 vb
*40'a
'
No par
10,700
3,600
xl4%
14%
24%
*24%
,16%
16%
16%
26%
263A
*26%
27 —
20%
,
15 Vb
*24%
———■—3
Muilins Mfg. Gorp cOmmon_—•
1
$7 preferred————No par
Munsingwear Inc__——
—_3
58%
8VB
7%
13%
?.—1
118
58%
57
*13%
Mueller
17%
119
13%
May 27
*101
17%
17
7%
B__„—No par
*66%
102
41
series : A—No par
13
67
66%
30%
24%
24%
54%
52%
*108% 112
2,300
50
73/4
8
'10
13%
*13%
12 Va
119
120
400
136%
*135
136
13%
49%
♦101
17 Vb
13%
13%
*91
' 101
136
137%
*135
29%
Jun
'
1
22%
*40%
24
fi
100
*16%
—_«_10
23
122
48 Va
*48%
30 Va
Brass»Co——
48
•
90
91%
Prqducts Corp
.—No par
Motor Wheel • Corp_,_n_'—
'
5
9
*27
800
1,050
313A
41%
j.
27 Va
49%
»
373/4
27 3a
49
7%
Jnc
share
31%
*36%
Motor
29% May 27
■'"Aug 31.
14% Jun 10
38%
40%
13%
Motorola
333/4 July
*37%
92
Moore-McCormack Lines——:
9
Morrell (John) 4s Cq
——No par
2*
Shares
9 per share
373/4
29%
18% July
the Week
Sept. 3
Sept. %
38 Va
RRcOm——Nopar
Ward 4s Co_
Salsa fat
Friday
ThBTilay
*37 Va
40
16
1,400
38%
$ per
preferred seriea A>—!^-100
,—20
Mohtgomejy
283A
99
12%
May 21
173/4 May 15 *
27
Jap
9
65
28%
333a
91
seriq*
111%
99
49%
preferred
500
44
110 %
33%
12 Vb
preferred
28%
*
98%
49%
$4
300
*40%
41%
111%
99
91
$3 25
11%
11%
11 >/4
110 %
10
33%
12
Monsanto ChemicaLCo com—^—-#
6
70
share
90%
Mojud' Hosiery Co Ipc^
:—-—1.23
Monarch Machine Tppl——No par
May 15
112% Apr
79%
33%
*90%
Mohawk Carpet Mills—
-•
*77%
99
49%
7%
5
70
77%
.
48
23 %
*53%
1,200
90
88%
9 per
90%
Mo-rKan-Texas
July 13
44
42%
*88 V*
.
$4
9% July 13
34
.42%
*89
33 Va
share
11%
___!
172%
*170
90
883/4
28%
Sept. 1
49%
Corp__!
41
*
HIGH f ALE PRICE*
;
Wednesday
No par
.Mission
800
77%
*11%
28%
Minn-Honeywell Regpl com—1—3
3.20% conv pfd series A
--100
Minh Min 4s Mfg!—£—!
No par
Minn-St P is SS M A'vtc
14:
24% Mar 11
11
10
cum
2,900
98 Va
*37
5
—
Petroleum—
700
21%
98 %
*86
90
23%
633/4
37%
63%
*98
48%
23%
*>900
*37%
32%
32
*88
$6.30preferred--!-!!!i.!:^.!.-N0 par>
493A Feb
May
■*
■
July 14
Feb
49
*47%
pfd-100
18% July 13
12;1
633/4
Sep
J
preferred _——l~No parMinn Moline Power Impl com!?—1
32Feb
23%
•
,
8%
-
49% May
f
'
2,900
16%
33%
*32%
33%
33
15 Vb
883/4
1U%:
28%
15%
i 163/a
33'A
I per
$ per share
Minneap 4s St Louis Ry_—No par
78
May 17
105% Jun 17
15% Jun 24
293/4 July
6
:
Aug. 30
*135
17
May 10 '
14
July 13
563% Apr 21
98May 3
-
*110%
28%
Aug. 31
lst" pfd——,_100
Jun
16
111%
VB
10
15%
;
*88%
Tuesday
,
140
27
Dec
7
28
2,200
983/4
21%
11*/*
*110%
25'A
373/4
41
43
12% Feb
77%
10
24%
*98
21%
79'/a
77 %
11%
17 Vb
Nov
*
17 Va
633/i £63%
90
41
55
15
*88%
11
16%
Jun
88%
89%
7
*17)/4
98%
21%
88%
40%
XoBiay
CLOSED
423/4
42%
*88
100
6,100
X37%
37%
*170
/ 172%
42
42%
21%
37 •'/#
172%
*169
300
10
22
153/4,15%
63 Va
63 Va
21%
11
28 V4
28%
EXCHANGE
15
40%
111%
*110
STOCK
15 Vb
,15%
11%
40%
.
25 '/a
*98
40'/e
*11
I per «Aar«
25 Vb
98 V*
373/8
42%
77%
77%
77%
25 Va
15%
»
172%
42
88%
*88
88
88
54
May
0104
90
*88%
129%: Feb .11
Mar
,
17 Va
21 Vb •»
*169
42%
*42
$4 Va
.
172%
*41%
7%
*17%
37
*21
*169
10
47 Va
.
■+
63%
7y«
17 %
15
t
153/4,f:
37
-i—1
common
Miami Copper
c
ft.
37%
Midland Steel Prod com-—No par
19 5/s May 27
11
35
15%
21
15
:
15%
*63 VB
,64
21
Mid-Continent
11
38 % Feb
156
63
98%
7.V4
17 Vb
25
98%
*
253/B
.
15
♦37
48
Feo
Dec
Nov
,
15% *4
693/4 May *7
13
48%
45%
"136% Jun
f 10% May
63/4 May
15%
Mar 16
18 V« Mar
Apr
29% May
123/4 May
24%
*98
98%
93/4
.7 Vb
7%
17%
15%
$3.50 cum preferred
i
33
7 Vb
15
Transp Co—No par
Inc
23
*17Vb
253/b
24%
:
9%
7%
.
*98
—100
——50
-2—1
li
44% Feb
8,300
9%
17 Vb
18%
16
88
700
7%
223/4
7'/b
17 VB
*18%
143% Feb
Jah
22%
19%
52% Feb
65%
223/4
18%
20 % Feb
103% Mar
227/b
18%
Feb
Dec
23
*18%
Jah
May
10%
10
Jan
83
10
22%
10>/4
227/B
.i——No'par
Mc-Quay Norris Mfg Co
Mead
23% May 25
96% Jun
8 '
73
"43%
10%
1
Co
Stores
24%
119% July 16
10
*26%
25%
Jan
9%
27%
May
19%
*21
9%
*22 3/4
22%
1
May
13% May
21% A 21%
10
*26%;
McLellan
Jan
*9%
22
Aug. 28
16
55 Va May
IOV2
93/4
:/
20
-
8%
*91/2
*21 Vb
99
24 V2 Jun
24% Jan
9%
10
38%
$4
10
5,300
22
9%
*37 Va
McKesson
10%
10V4
10%
700
580
10
♦97
35% May 15
98% Jun
2
10%
200
13%
•500
,
*21
93/8
LOW AND
McGraw-Hill Pub Co__No par
Mclntyre Porcupine Mines——
5
580
30 Va
133/4
13 Va
13%
*500
10%
McGraw
May 15
20 Va
20%.
*19%
13%
580
*500
2,700
12%
*12
123/4
4,300
^
373/4
101 Va
21%
9%
Saturday
Electric Gd——
*12
20 V4
13%
13%
580
101%
f
20%
373/8
*99%
37
*99%
12 3/4
*12
*19%
20
13%
36%
363A
102
20%
20%
*21
Far
.
102
123/4
McCrory Stores Corp com——1
3V2% conv preferred_I_——100
14
35
20%
20 Va
*500
"
$ per share
3q% May 21:
37
137
20%
*10
STOCK
EXCHANGE
Highest
fc
$ per shart:
$ per share
per share
24
since Jan. 1
*36%
*132%
36%
*99%
20
13%
580
*500
37
137
20%
*99%
20
13%
preference-,—No'par
—;——No par
1st cum
McCall Corp
Range for Preriona
Year 1947
19%
*36%
*132%
36%
*12
13
*12
37
137
20%
.
101%
♦99%
preferred——i———No par
.
*36%
...
36%
20%
36%
36
Marathon CorpTi_—
-6.25
Marine Midland Corpj
5
Market St Ry &% prior pfd—100
Marshall Field & Co/com—-No par
4%%
preferred
^—100
Martin (Glenn L) C0.4..—
1
Marjtih-Parry
pu
Masortite Corp
4-J£.£f-No par
Master Electric Co——1
Mathjeson Chemical Corp.—No par
1'U
preferred—————JlOO
May Dept Stores common—
5
$3.75 preferred——j._L——No'par
$3 75 cum pfd 1947. series^-No par
$3.40 cum pfd—
—No^ar
Maytag Co common———!-No par
39% July 29
i;
170% July
Feb
88
;
22
29% May 18
9
69% July
11
27% Feb
Jan
49%
1.
103 Va Jun
Aug 11
Mar 16'
Jan
24%
.
Jan
8
Jan
34
.,
26
May 20
17% Aug 16
22% Mar
20 %
Manati Sugar Co——-—
1
Mandel Bros—
——No par
Manhattan Shirt
£
i——!—5
Maracaibo: Oil Exploration-*—!—1
l33/t Jun 28
14% Jun
97
111% July
14
4
10
Feb
common—5
Inc new
10V4May21
Apr
525
25% May 17
15
137
*132%
37
*132%
Magnavox Co (The)-i—.—_!
1
Mahoning Coal RR Co—.1—50
6% Feb 20
Feb
*36%
137
6
23
18% Mar 18
Feb
8%
Mar
37
*132%
Madison Square Garden—No par
Magma Copperi—_——»—i.-10
"24% May 20
8% Mar 16
20% Feb 17:
Dec
27%
Apr
*1
Feb
323/4
.
525
Jan
14%
; 223/4 Dec
3Va
Dec
^*36%
!l00
———
—
15%"Apr M2 "
163AJuly
Trucks
com—:—10
Forbes
Macy (R Hi Co Inc com——No par
4%% pfd series A
ilOO
'
113/4 May
16?A Apr
&
preferred-
Mack
39% May 27 :
12
15% Feb
Dec
2
142!
27
Nov
Jan
27% Jun
34
134
21
♦203/a
21
*20%
21
*20'a
203/8
20%
19
19
19
*19vs
20
19%
19%
20
20
30%
29%
30%
28%
29%
"
8,700
: 1183/4
'
810
12% r
200
31%
,
32
; no%" m
12
12
>
"
19
31
24%
16
Va
*24%
21
?
32%
122 /:
m.
12%
*nsA
30%
121
*13
.123
r
12 Va
119
12 Va
121 Va
12%
-
*
-
200
3,000
500
28
400
'
117
*121/4
400
YORK
NEW
107%
Dec
share
40%
Apr
Feb
33% Feb
Jan
107% Jan
112
45
112
2
Par
Jun
2
97/e
Dec
16%
Dec
13
11
17
Jan
2
Jan
44%
Feb
43
Jun
29
50 %
Jun
56
Jan
3
50% Jan 23
55% Jan
5
14% Mar. 18
37% Sep
STOCK
•13%
14
13%
•37%
38%
*37%
53%
53%
54%
17%
Share*
1,300
41%
41
,
110
*109
'
.
P'
30
14 Va >14%
400
*37%
38%
37%
37%
200
*54
38 Va
54%
18
the Week
14
56%
56%
500
18%-
18%
27%
31Va
6,800
1,410
♦24%
25 Va
13%
14
54%
CLOSED
Sales for
;:
Sept. 3
f per share
110
•109
110
*37%
■t
41
41
Friday
,
■
t per share >
40%
54
38 Va
Sept. 2*
'>
*13%
13%
EXCHANGE
<
share
•109
110
*109
110
110
I per
40%
40%
40%
41%
41%
Sept. 1
$ per share
8 per share
Thursday
Wednesday
<•><;.>
Aug. 31
Aug. 30
I per share
Murphy Co (G C) common
1
4%%
preferred
100
Murray Corp of America com
10
4%
preferred
80
Myers (P E) dt Bros
Nopeur
May 15
37 %
Feb
Aug. 28
$ per share
16
Tuesday
Monday.;
Batorday
EXCHANGE
Highest
% per share
$ per
t per share
35
Lowest
Highest
HIGH SALE PRICES
LOW AND
NEW'YORK STOCK
Range since Jan. 1
Year 11)47
,
RECORD
STOCKS
Range for Previous
Lowest
STOCK
Monday, September 6, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(958)
22
•54
N
14
May
19%
Feb
19
May
29%
Feb
21
8%
30
24
Jan
16%
May
Deo
Feb
20
Jan
Feb
14
8% Feb
Feb
11% Feb
29
Feb
26 % Feb
20
Jun
164% Feb
10
Feb
Jan
5
13% July
17
Dec
14
29
10% May 20
11
16%
34
9% May
10 ft May
v-
6% Aug 10
;
34tyi
Jan
27
Automotive
Ino
Fibres
6%
'
187
Deo
21 Mi
Jun
105
26%
Mar
20
Feb
13%
Feb
43 Mi
Dec
33% Feb 10
Dec
14%
Jan
Deo
15% Oct
25
6% Feb 11
May
8% May
33
175% Jun 23
9
7%
Jun
Nation^ Biscuit Co
common
30%
29%
30
Corp
Cash
Register
Nat City Lines inc
10% Aug 31
13% Jan
10% MarlS
14 ya
Aug 23
National Cylinder (las Co_
38
Jan
24% Mar 17
32
Jun
National
14% May
20% Jan
14% Mar 17
21
17% May
30 Mi May
23%
18
48%
Deo
Dec
25%
14% May
96
Oct
Jan
11
May 21
22% May 21
50% Sep
2
20% Jun
9
Feb 25
96% May 19
Feb
37% Feb
15%
Feb
87
Dec
29% Jan 28
4
36%
165
Deo
190%
Sep
163
136
Deo
167
Jan
1j4% Feb
6% Jan
8%
Deo
Jan
1%
28%
Jan
23%
Dec
Mar
Jan
2
101% July 12
25% Jan
5
22
18% Feb
10
85% Feb
100
Sep
29% Jap
20% May
1
if Mar 30
Jan
7
7
7% Feb
2
24% Jun 10
81 Va Mar 10
22
Jun
147% Apr
19
Jan
Jun 10
177
Aug 19
Nov
05
21% May
12% May
38
6% Aug
4
15% Feb 11
Apr
28
if Deo
74% May
•8
11
Feb
107
25% May
15 %
28
10
25% July
94
Jan
Feb
11
30% May 27
x22
6
2
.
National Distillers
Prod
Nat
Mai
Natl
Stl
&
Power
National Sugar
% Sep
12% "Lee
17%
Feb
12,
3
Marie
13%
Jun
10
Jun
24%
Feb
18%
Feb
>
13% May
105
Feb
107
28% Nov
H Sep
.
19% Jan
11
Aug 24
13% Feb 16
July
100
Feb
19
38
Feb
Deo
106
Mar
87
11%
Deo
13
Nov
10% Aug 26
05%
Deo
X27% Mar 12
108% Jan
35% May
22% Deo
Feb
12%
1,500
29 Va
3,600
600
19%
19%
9,500
50%
1,600
17 Va
4,600
17%
17%
19%
19%
19%
49
16 Va
16%
164%
137%
6%
No pa*
No par
22%
90
96 %
91
91
24%
Dec
38
32%
Feb
24
34
3
99
13
64
Aug 17
July 12
26% May 21
102
Feb
Aug 27
82% Aug 27
90 % Jun
26
Oct
20 Va Feb
33% Aug 18
46%
May
50
80
230
43% Jun
5
York
New
9
Feb
20
11
Feb
9
200
Jan
July 12
144
July 6
23% Apr 19
3
27
19
61
Mar
49% Jan
Jan
25%
20% Feb
Mar
86% Jan
16
Sep
14 % Feb
25
27
10
Preferred
N Y Power
N Y
23% Nov
25%
81
Oct
Jun 21
JtaU
27
Aug 26
64%
Nov
55
Fen
62
26
Dec
30%
Sep
25
Aug 24
16% Deo
33%
Jan
6% May
Dec
10%
Feb
115 %
Jan
33%
83%
25
Aug 11
14% Mar
8
Jan
Chemical
11
13
17
North
North
American
Jun
Deo
30%
Nov
25% Feb
11
36% Jun
13% May
22%
Feb
16% Feb
11
27% Jun 24
14
Deo
102%
Feb
78
00
11
Aug
22 y4
Apr
11 % Aug
17% Mar 20
27% May 17
40% Apr 24
19% Aug
25%
Oct
Aug 11
11
20% Sep
3
33
45%
Jan
33% Jan
Jun
6%
Deo
13%
Feb
Dee
12
18%
Feb
2
Mar
5
Mar 10 '
7% May 21
14% Jun
9
8
10% Mar 18
Ry
Northern
Pacific
J per share
I per share
*81
84
83
84
83%
83%
100
32
32
32%
31%
32 Va
4,200
38%
39
60%
60%
60'/a
38%
38%
17 Va
17%
17%
18
*85%
*139%
86%
86
87
141
*16%
17
17
*20
37%
177/a
87
141%
17
4.6%
Norwalk Tire & Rubber
Pharmacal
NEW YORK
23%
♦24%
*20
24
56
♦51
56
*51
56
•51
255
255
255
*250
260
*250
255
—
10
255
13%
13%
6,800
38%
4,100
12%
13
13%
13%
13
13%
.37
37%*
38
38%
38
38%
37%
'*•.
89%
89%
90%
90%
91
91%
,*90%
A
18% -18%
17%
17,3/4
17%
18
♦17%
18%
17%
*83%
84%
♦83%
84 Va
84
84
*83
*22 Va
22%
22%
22%
23
23
23
*15%
15 Va
15 Va
15%
15%
15%
28
27%
27%
28
28
12%
12%
91%
190
17%
3,200
84 Va
=
P 10
:
|B4%:
*26%
60%
♦27
27 V*
27%
27%
59%
15%;
15
26
15%
16
15%
12
*85
*25%
16
.
■
12
12%
86%
30%
30%
22%
22%
227/a
22%
23%
81
81
80%
80%
80%
80%
12Va
12%
11%
12
11%
12%
21 Va
21%
20%
21
20%
21%
21%
36 Va
36%
36'/a
36%
36%
36%
•36%
5 Va
12%
5%
*5Va
5%
5%
12%
12 Va
12 ya
Aug. 31 V
Aug. 30
30%
31%
2,900
23%
23%
23%
23%
10,900
81%
82
82
82
,,..250
/V
'l
11%
11%
5,200
21%.
20%
21%
5,600
37
37
*5Va
37
5%
5%
5%
400
••12%
12%
12%
12 Va
300
12
>.
140
•Friday
Sept. 8
Sales for
Sept. 3
Thursday
the Week
Shares
9 per share
9 per share
9 per share
9 per sharp
I per share
$9or share
9,400
86 Va
30%
Wednesday
Sept. I
Tuesday
Monday
Saturday
Eng. 90
12%
30%
PRICES
LOW AND HIGH SALE
••
17,666
30%
12%
*5%
•12
2,900
16 Va
*85
22%
400
60%
12
*85
30%
♦85
>4
400
1,200
26
16 Va
86%
30%
86
r
60%
12 Va
11%
12%
86%
30%:
*85
23
•25%
16%
16%
16%
60%
26
•25%
26.
16
12
11 Va
60%'
60%
60%
60%
59%
•25%
Par
\
56
>
38
37%
90.1'; '90%
29
50
9 per share
,24%
*250
26
STOCK
600
1,000
*16%
*50%
v
EXCHANGE
1,500
17
17%
24
'»>/
No pa*
2.50
Co
51,100
56
No pax
preferred
Northwestern Telegraph
18
.87
141
17%
*20
23%
1,500
87
88
140%
17
17
(Minn)—
cumulative
Norwich
140%
140%
61
141
18 Va
17%
87
140%
*50
•250
2,700
31%
*20
:
1.500
61
31% -31%
*81
84
32%
P'
110
98%
*95
98%
-
10
Cum pfd $3.60 series
Range since Jan. 1
Highest
$ per share
84
Northwest Airlines Inc common_10
Lowest
Highest
60%
5,100
17% >17%
*95
100
Ry
140
60%
1
Northern Natural Gas Co
11%
17%
50
Co
96
11%
60%
*25%
Aviation
96
11%
17%
•16%
10
STOCKS
Year 1947
98%
17%
141%
4
29
29
;
Co
Central
Range for Previous
Lowest
*96
60%
100
common
Northern States Pwr Co
79%
98%
,£97
60%
17 Va
No pa*
Adjustment preferred
Northern
11
11 Va
xl7%
37%
M
Co
American
93
*95%
ll'/a
32%
32%
95%
11
400
60
85;
—Mo pa*
& Western Ry com
Jun
13% May 10
2
82% Mar 10
31%
95%
11 fi
15'/a
Corp
17% Jun
3
31%
96%
33
17%
15
Electric
Noma
*32
17%
23%
28% Jan
18
32%
400
104
60
"
*22
Norfolk
6.)%
66% Deo
15
*102
104
60%
No pa*
Industries
2,200
-16%
*16%
16%
16%
♦102
17%
■
& Gas Corj*- r,V
Noblitt-Sparks
12 Va
12
12%
12%
12%
16%
104
96
2.50
1
Nopco
Deo
25% Jun 21
17% July 1
36% Jan
B
1,400
*96
*83
4
20% Mar
10%
96%
32
&
State Elec
88.
13
10%
10%
$3.75 cumulative preferred——109
3
Jan
13
10%
11
*81
Light 3.90* pfd—108
Shipbldg Corp partic atook
1
N Y
100% Aug
13
10%
17%
.1oa
series A_
500
13
♦59%
100
RR Co
5%
fe
1,600
31,600
10%
■V.
N Y New Haven & Hart RR CO-100
9
II
150
%
*95%
33
96%
23%
23%
32%
*32%
*95 Va
.
S:.
No pax
common
♦102
104
•102
12%
*16%
93%
23%
10%
*102
P
100
4,600
22%
93%
13
13
10%
21%
22
23%
It
u
%
16%
9,700
4,700
23%
*23
*91 Va
24 Va
104
il
100 Va
'
92
24%
12%
*16%
1,300
*91%
91
10%
12%
16%
-No pax
.
preferred
non-cum
N Y & Harlem
Mar 18
19% Apr
Dock
York
$5
12%
1
com
preferred series *
City Omnibus Corp
New
2
Jun
14% Jun
6
10% May
6%
N Y
39% July 12
96
Jun 17
10
107
Jun
255
19
Sep
Deo
80% Deo
21%
21%
13
10%
12%
100
Brake
Air
New York Central
N Y Chic & St Louis Co
290
21%
1,300
%
23%
24%
*16%
•
l
Newport News Ship & Dry Dock
18% July 12
11% Mar
n
,
preferred ■LiV;,.,;.;,;
4%%
18
92
121
,
Elec System
30
New Jersey Pr & Lt Co 4% pfd—100
Newmont Mining Corp
10
Newport Industries common
1
11
6% Mar 29
84%
■
serial preferred—100
conv
10
Aug
;
62%
16% Nov
4% ft
Feb
Feb
MO pax.
„
12% Feb
Dec
26
Nov
11
Meb
n
,
,
39
20%
Deo
36
„,
,
Feb
«
137
May
11% May
19
Apr
62
Feb
Corp
Nelsner Bros Ino -common
Dec
22%
18% May
Nehi
10%
Newberry Co (J J) common
No par
3%% preferred.-.—,100
Deo
12
23%
6%
23%
99%
100%
23 Va
ISO
137
.
6%
23 Va
u
12
99%
*23
91
*12%
12%
10%
127/a
..1
Mo pa*
'
Hmr-.
New England
8
17% Jun
32% May
*87%
%
98%
%
21
Iff
Co
22%
\l
22%
v
23%
...
...
Vulcanized Fiors Co
Natomat
12% Jan
17
Feb
Jan
Rights
Natl
♦134
6%
23%
97
II
97
21
24%
135
y*
6%
23 Va
5,600
,120
167
167
6%
6%
22%
21%
21
167
135
%
?
91
No pa*
(The) Pa 00m—10
4% %
pref e r r ed
100
National Tea Co————.
—18
Ref Co
National Supply
136
*23
-
94
32%
136
96%
23%
*23
94
32%
166
22
a
97
40
94%
32%
165
6%
17%
*93
x31%
165
6%
*49
32
164
*135
6%
22%
17%
19%
94%
31%
138
164%
%
P
17
17
16%
•.
17%.
50%
50
50
•93
a94%
31% >3 2\:P.,
*93
19%
19%
P
49
48 Va
48%
17%
19%'
V
17%
*17%
•17%
*136%
35
May 15
98% Jan 12
10
90 Va Mar
44%
6
May 17
104
28
08
1
15% May 26
12% Jan 26
25
3,600
•17%
'
«
19% May
7,200
46
17%
■■
Deo
10%
45%
12%
1
ex-diet—
10 Va
28%
.—100
——100
Corp
1,400
10%
13%
19%
..,.—
Cast Co
Lt
&
Steel
National
7%
10%
29
164
Service Corp
7 Va
10%
13
♦17%
10
—...
10%
28%
31%
preferred A
preferred B
7%
13%
31%'
6%
7%
46%
7 Va
29
17
1%
7%
45%
7%
46
13%
94%
National Linen
1,000
28%
16%
common
1,000
7 Va
13%
48%
Co
7Va
29
94%
Lead
23%
13
1
Nop**
National
30
23%#-
•23%
23%
:
28%
No pat
preferred
*164%
165
13%
Nat Enameling & Stamping
conv
165
165
287/a
National Gypsum Co com
$4.50
7,900
13%
1
No pa*
—8
Nop**
Dairy Products
National Dept Stores.
400
31 Va
28%
'
2
41%
31
10%
7
10%
107/a
41%
7%
7%
457/a
■
7
7%
•12%
31
7%
7%
45%
46
♦7
12%
41%
30%
23%
23%
45%
*7Va
7%
*7
45%
800
12%
12%
41%
165
*164%
%
23
1,600
2,200
12%
30%
164%
r-
23
23
6%
11%
42
*41 »/a
30%
*164%
164%
•22%
41%
500
6%
11%
i
30%
12%
12% >
12%
*40 %
National Container Co.m..,,. ,.,1
Corp
17% Feb
2
11%
12%
10%
Share
&
13% May
26% Deo
13
.
6%
*11%
41%
=
•164%
preferred
Bond
National
17
9% May 20
6%
11%
40%
4
18
100
No pax
10
Mo pot
l
7%
Nat
National Can
9% May 21
48
Feb 28
6
May 17
6%
11%
•12%*
•
t
National B**tery Co
3
6%
r-llVa >11 Va
■
11
•r
1
Aviation Corp
31% Sep
6%
11%
1
1
National
8
25
National Acme Co
National
July
27%
25
National Airlines
8
45
26%
24%
24%
17% Mar 22
Mar 18
18'/a
26 %
18%
26%
24%
Corp
"
Jan
24
18%
24%
*25%
Nashville Chatt & St Louie
18%
18%
26%
X18
Nash-Kelrinator
31% Sep
3
26%
*25%
*24% i 25
6%
*6%
—8
100
21% Jun 25
24
o
17
=
Dee
21
18
Apr
Deo
17% May
93
Deo
7% May
86
May
18% Sep
24
May
149% Oct
19% May
.
Jan
27% Feb
10
111%
v
01% Deo
Feb
92% Jan
2
103
Jun
18
35%
Dec
26% Feb
11
43
Jun
15
38
-
22
July
16% Apr
14
18% Jan 17
Dec
22% Feb
11
36% July 13
27%
107
Feb
92
13% Feb
118
Feb
89
Mar 16
100
Jan
23
Jun 17
8
9
xl09% July 13
25
12% Apr 20
20
Jan
2
33%
Feb
27
Jan
26
163%
Jan
147
Mar 17
154
Jan
29
28 %
Feb
17
July 19
23
Jan
5
Aug
93
Jan
Nov
80
July
10
May
16
83
84
Jan
43% Jan
34% Feb
13
36% Jan
47 % Mar 16
Jan
Feb
3% May
Jan
4%
Dee
8% Deo
13
May
7
69%
7%
14%
18
40%
Jan
55
90
Deo
109
•%
Jan
9%
•€%
loT
Jan
2
Feb
4% Feb
41% Feb
147
10
Oct
11
Feb
4y8 Feb
Nov
Feb
Jan
18% Feb
11
34% Feb
10
2
Deo
4%
Jan
28% May
7
Deo
8% May
82%
43
97
2
Mar 16
Jun
8
26% May 27
51
May 21
,
1
3% May 17
26 % Aug 24
33% Jan
2
34%
Feb
24% Feb
30% Jun
11
14%
Feb
11
6% Mar 16
15% May
9
Feb
24
Sep
38 Ya
Nov
29% Jun 28
♦8%
Feb
38% Feb
or
May 27
Jan
>6% May
>1
105
21
footnotes
see
page 26.
27
Corp.
10
May 17
16% Jun
4%
Inc
Cos
convertible
com
Ino
Park
Parke
Davis
A
Co
Parker Rust Proof Co
Parmclee
Transportation
15
*14%
15 Va
ill
70
*65 •.!
37%
*36% >38%
: 37
37%
19
11
•
*10%
11
70
•65
70
37
37
19 V
34%
34%
-
88
*83
♦u
97
97
*134
P
97
97
•134
,-5;",
48 Va
5Va-
5Va
47%
45/a
*46%
47%
4%
-
47/a
9
9
9%
•16
17%
8%
103%
23
Va
*43%
16%
59%
103%
23%
2%
2% a 2%
9.00
*27%
28%
*7%
•'
27 Va
8
••
26%
*27 Va
'
*7%
13%
■
14
14
Me pa*
30
30
Mo par
45%
46%
53
53
46
93%
-
60%
i
9
9%
*16 Va
17%
61%
61%
61 Va
9
V i
>.
J
200
4
> f 4,000
;
24 Va
23%
47
26%
26%:
•27%
28%
*7%
8
.•p 14
30%
v:- 46
♦103
v
.
■*V
*44
2%
27%
>
9
x22%
23%
2%
27%
\2%
27%
27
•28%
27%
27%
27%
8
*7%
14
14
70
> 30
>;;■
46% "
30% >30%
>> 46%
46%
.>
;
■
•
„
1,700
4,800
>
300
27%
■■
77/a
30%
31
47
47 Va
;
>;
22,300
,)
2,200
j
30%
>
,1,100
.14 Va
14
:s.
3,700
'
2%
27%
*7%
8
14 Va
23%
46
*44
46
9 Va
22%
104
♦103
104
X23% -23%
2%
2%
9%
22% >23
104
•44
2%
8%
94%
*93%
93% >93%
v;:
*; !"v
J\."T
t
63,200
i 1,300
it
938
17%
j
;
17.600
•5%
,9
,
:
2.200
:
P
47%
5'/a
*16%
23%
•103
23%
30%
>170
'
5
47%
900
1330
96%
5%
5 Va
1
;600 >>
>
.
135%
>
5
>47% >47%
93%
8%
45
46
5 Va
6,000
:
38%
96%
135%
137 >
,v; 5
60%
'
•30
.>>38%
97
97
136
9%
♦23
104
14 Va
53%
38% >39
*
i 100 Pi
.
v
•
23%
♦103
53%
17Va-
X60
59%
93%
*43%
Me pa*
9 Va
';
34%
5%
17%
•93%
23%
45
wn pax
9%
34%
47%
5 Va
8%
-
26%
>
16%
♦22%
.
87/a
23
47
5V8
34%
5 Vb
10
120
'
20
*19%
34%
V
97%
5%
200
>
70
*19% >20%
>
135
135
5%
3,400
11%
'4
39
97
:>>•
135
v>:
135
300
18%
♦18
18%
53
38
Penney
Enterprise*
37%
19
53
38
Penick A Ford
it
\
>
"
*18 Va
.
149
11
37%
7
(J C) Co
♦147
149
15
•65
1
Patlno Mines
34%
♦65
15
15
15
*14%
*10 Va
70
Jan
18
3,500
•
57%
11
49% Jun
37
100
34%
34%
57%
53%
Utah Consolidated lfinee—.1
22%
58
15
•
60
95
*22
58
38
1
34%
5b'%
58%;
53%
1
3,900
*93%
23
88
58%
40
preferred—.100
Pictures
Park & Tilford Inc
9%
9%
9%
100
370
95
88
53 Va
No par
'£
*83
53%
9%
I
*22
*18
*38 Va
No par
9%
*93%
11,700
'
•147
.Mo pa*
Petrol A Transp
5.100
18
34%
Airways Corp
33
33%
104% 105
88
33%
Car
Motor
American
Pan-American
33%
v; 104%
149
*18%
.1
If
18
18
18%
Mills..
♦17%
♦83
*148 Va
34%
Telep & Teleg common.. 100
preferred
100
18
18
-Mo pa*
Lighting
Paramount
34%
37
149
57%
93'/a
May 17
22
34
:
9%
94%
22
33%
*85
v
23
15
9%
94%
34
Pacific Gas & Electrlo.
Packard
QS/.
•10 Vs
•36%
104
103%
22 Va.
*14%
,*65
32%
32%
32%
120
*98'/e
36%
*17%
59%
93%
100
2
Jan
88
*17%
17%
17%
300
33%
*98 Va
'
P 37%
*148 Va
.
18%
Paraffine
11% Jun
28
Jan
149
V
94%
-
33%
33%
98%
37.
*33
33%
98%
37
33
103
104%
3
•22
60%
21
63%
148 Va
■
*93%
->
60%
12
32%
•
-
33%
98%
v
36%
18
*103%
9%
V
94
23
*98
32%
32
32%
Panhandle East Pips L oom_Me par
4%. preferred
100
Panhandle Prod A Refining
1
11
Sep
July
8
10
common
preferred non-cum—No pa*
2nd preferred non-cum
Mo pa*
Pacific Finance Corp of Calif——If
6%
33%
59
1st
Pacific
*22
*83
Owens-Illinois Glass Co
Pacific
9
93%
'
•17%
18
104
103
•18%
Outboard Marine A Mfg.
Outlet Co
Paclflc
32%
Pan
6% Feb
Feb
*17%
65% Jun
5
19% Deo
Dec
Mar 18
92% Jan
Feb
8
36%
11% May 21
21% Jun 21
27
46
Mar
Mo pa*
.100
common
preferred.
99
36%
33
33%
99
37%
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
13% Mar 16
37
33%
Elevator
6%
33%
99
36%
6% Apr
6
62% May 21
5% May 17
13
8V2 Feb
Feb
July
13
55% July 13
44% July 23
104% Jun
7
13
89% Feb 27
134
22
Dee
Feb
Apr
43% May 28
.21% Jun 15
30% Mar 17
30
21%
Otis
33%
99
•32%
CLOSED
common
Pacific Amer Fisheries Inc
Feb
•
pfd
SO
No pax
4%% convertible preferred—..100
Omnibus Corp
(The) common
0
8 %
convertible preferred A
100
Oppenheim Collins
—10
Corp
Pacific Coast Co
May 27
£
EXCHANGE
Oklahoma Gas & Eleo 4%
Oliver
15% May 17
Jan
168
Co—
73
39%
129%
Oil
15
62%
Deo
.100
Jfo pa*
3
25% May
Deo
2
Ohio
preferred
11
60% Nov
131
27
4.40%
Aug
15% Mar 20
*89%
Feb
73% Jan
11% Feb 27
10
46% Oct
Deo
89
17
STOCK
Ohio Edison Co
62% Feb
Feb
£ Oct
Jan
Jan
37% Jun 23
51% July 20
8ep
19
80
80
*33%
5
Feb
68
9% May
Mar
Feb
28%
84
;
34% Jun 16
.;
500
v
2,800
;;
Volume
THE
Number 4731
168
NEW
Year 1947
Ilttlrt
• juniors
Apr
lift May
16ft
f per thore
24ft
13
15 ft Feb
Feb
36
Apr
117
Jan
11
Dec
28 ft
Aug. 28
fw
I per share
11% Feb
Oct
Sep
Deo
29
X107
15% Jan
Coal A Coke Corp
Penn
2
20% July 13
July
8
Penn-Dixle
34 ft May 7
Jan 14
9
Apr
Penn Glass Sand Corp
112
7
Co
Cement
•12%
18%
STOCK
12
Aug 11
20% May /
24% Jan
7
34 ft July
5
34
Jan
25 ft
July 30
30% Jan
6
Pet Milk
8ft May
12
Deo
22
Jan
18 ft Feb
11
20 ft
Deo
26%
Feb
16 ft Feb
27
22% May 24
38
May
61ft
Jan
39 ft Aug 12
111
Dec
118ft
Sep
103
48ft
Dec
55 ft
Not
31
81ft
Jun
101ft
Feb
86ft Feb
17
10ft Feb
4
6
23
Feb
22
May
22 ft
Dec
Feb
Apr 22
120
19
Apr 22
45ft Jan
6
Aug 27
I"-98% Sep
3
104
99% Aug|27
irvaFeb
6
July
48
4ft %
May 19
17% Jun 21
ll
Co common
13ft
Oct
14% Feb
2
62ft
Jan
47
Feb
11
20% May 15
64% July 12
Apr
48%
Dec
40ft Feb
13
59
Phelps-Dodge Corp—
Feb
5
Jun
49 ft
18
Deo
69
50
Mar
97ft
Dec
21ft
Dec
27ft
Jan
21% Feb 26
23 ft
Dec
29ft
Jan
22ft Jan 26
Dec
120 ft
Aug
Deo
109 ft Aug
111 ft
98
©5% Mar
109% Aug
104
Jan
6
55
May 19
104% May 15
24% Jun 14
25ft Jan
115% Jun
21
Pfizer
July 13
19%
19%
19%
40 ft
♦39%
40 ft
107 y4
107%
107 ft
107ft
♦30 ft
31%
♦97 ft
15%
20% May 22
45 ft July
9
16%
Oct
14
Jan
19
35%
Not
28
Jan
22
86
Dec
86
Dec
Jan
63ft Apr
8
25 ft Mar 16
37 ft Sep
8
1
88
Dec
109
Feb
87
97% Jun
86
Dec
101
Mar
83 ft Mar 17
87% Jan
2
21
Apr
43
Dec
38
26
46% Apr 23
81
Jan
93
87ft Jan 22
92 ft Aug 31
77 ft Jun 15
10ft Mar
July
63% July
12
18
Jun
10 ft
Apr
Jan
Jan
91
6
54% Jan 21
*
12
Feb
38 ft July
Feb
10
30 ft Feb 26
July
34% Jan
103ft Jan
Oct
88
Dec
84ft May 12
93
18ft
Jan
32%
Dec
26
18
Dec
10
Dec
12ft Feb
11
36 ft July 15
23ft Jun 15
161
Aug
169
Aug
145
Jan
26
155
163 ft
Not
203
Jan
157
Feb
16
169
22 ft
Apr
42% Feb
34
Feb
20
July 15
39ft Jun
1
May
10ft Not
8
Feb
13
10
Jan
2
10ft Feb
11
20
Jun
9
Jan
27
160
7
102
v
8ft May
114
Apr
lift Feb
Mar
15
Deo
140
Oct
11
140
89 ft May
93 ft
67
84% Sep
71ft Mar
20ft
Dec
19
Jan
145
Jan
10ft May
171
May
17ft May
Oct
8
14
78% Feb 28
9
Feb 13
July 28
Apr
17%
cumulative
84
18%
88
36%
♦87
88%
*87
88 ft
*8'7
88 ft
41
*40
41
*40%
41 ya
92%
*91%? 92%
67%
66
66%
66%
663%
13%
*13
13 ft
66%
•13
par
♦101
101 Ys
100
*110
115
common.
*33 ft
RR
♦87 ft
88
157
*147
166 ft
*164
157
,
16
Feb
8
Aug 23
43
Feb
28% Sep
1
71ft
Not
62 ft Feb
16
18
May
15ft May
85 ft
Dee
32ft
.
Jan
102 ft
Feb
38ft
Jan
30 ft May
81
86
Mar 11
32ft Jan
21
61ft May
lift May
106 ft Oct
84ft Dos
Feb 27
15
Aug
2
26% July 19
40 ft Mar 17
61ft
Feb
29ft
Deo
109 ft
Jan
101ft Feb
13
36ft
Feb
*25
Feb
11
14%
Dee
*21% Feb 28
Mar
*25 ft Feb
5
11% May 18
Pressed Steel Car Co
4ft %
35 ft May 21
71% Jan
9
28% May 25
94
30 ft May
15
$4.75
Jan/ 5
Pullman
May 18
Pure Oil
■
5%
3
July 12
25% May 25
76
*75 ft
6 perthare
156
37
37%
•12
if
12%
47
12
8
f per thare
< per share
8%
:
21 ft"
37%
88 ft
77
*75 ft
23%
37
37%
12
48
X47
so y4
*44
45
¥
'•
13 ft
8ft
29 •;
67%
*21%
91ft
*90
39 ft
39
21%
26%
24%
;
•
*147
37% ,38%
49
y4
*44%
•
10 g
800
156
38 ft
38 ft
12
240
;
2,400
♦11%
12
50 '
48 ft
49
45
44%
45
«
2,600
6,400
13
13%
13%
13%
13%
13%
13 ft
Xl3%
13%
13%
400
8,400.
13%
800
27 ft
8ft
29
8%
8ft
8%
8%
*29%
29 ft
28%
28%
■'
67%
67%
67%
67%
68
3,200
21%
22%
27%
77 ft
♦23 ft
8 --4
28%
-
39 ft
22%
*75 ft
-"67 y*
•
91ft
39
77 ft
•
21%
21ft
91ft
1,800
174
23% ,24 Va
•v
13%
■
13 ft
8 ye
"•/;•
2,400
88 ft
*11%
44%
4,700
8%
17 ft
88 ft
*147k? 156
156
*11%
67%
X27
86%
12
■
*160
174
*160
35 ft
*17 Z'S
17 ft
86
*147
•28%
X21%
175
17
;
23%
/
8ft
■
17%
k
8%
*75 ft
68 T
29
9
21ft
21ft
21%
21ft/
21%
1,600
*90
91ft
39%
38%
22%
22%
27
*90
.
3,200
400
91ft
*90
91ft
10
39%
39%
39
39%
2,300
22%
22%
22 ft
22%
5,500
27%
27
27%
27ft
27%
8,100
42%
43%
42%
43%
43%
43%
43%
43%
43 ft
43%
No par
common
36
36 ft
35 ft
36%
36%
36%
37
37 ft
36%
37%
5,600
14,800
108 ft
108%
108 %
200
30 ft
30%
1,600
23%
200
preferred—
100
*107 ft
No par
108
30
NEW YORK
*107 ft
30
22%
Quaker State OH Refining Corp—16
Range since Jan. 1
Highest
8ft
47%
44%
67%
No par
Purltv Bakeries Corp
22%
30
*22 ft
108
108
108
30
30
30
23 ft
23 ft
23 ft
*107%
30
*23
3G
23%
*23
LOW AND HIGH BALE FBICE8
STOCK
•atarday
EXCHANGE
Lowest
Highest
166 ft
35%
44%
49
29
,
*36 ft
STOCKS
Year 1M7
157
*164
35%
No par
(The)
conv
*147
166 ft
77
23 ft
22%
*147 ;k 156
23
♦147
Colorado—.20
Inc
Range for Previous
Lowest
of
157
35
85
76
Pub Serv El A Gas com—No par
$1.40 div preference com__No par
42
33
Co
*147
85
*22%
3,600
20
*164
*160
*84 a
70
32%
•18ft
35%
16
84%
31%
20
166 ft
♦160 /V 175
175
32%
157
16
84%
86
32%;
t
20
300
*164
8%
16
13% .13%
*147
f
8%
16 %
115
*19
8%
♦160
l
com
ft
20
8%
No par
preferred.
cum
Public Service
53
108% Sep
com
Publicker Industries ine
Apr 26
39% July 6
24% Jun 25
Inc
87
32
8%
16
preferred series A__50
conv
Procter A Gamble
*85
33%
85
88
32
8%
13%
I.::* May''?
Dec
13
34%
13
87
13
13%
35%
13%
13ft
115
35%
13 ft
Power
101%
♦112
35%
13%
class B
*101%
*110
35%
5ft % 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100
Pittsburgh Young A Ash pfd
100
Plttston Co (The)—
1
.
*101%/ 101%
*19%
166 ft
700
33 ft
33 ft
333/4
88
19 ft
•164
100
,
89
32 ft
*147
Pittsburgh Plate Glass Co
10
Pittsburgh Screw A Bolt____No par
Pittsburgh Steel Co com
No par
1% preferred class B
100
ft
33%
9,900
13%
115
*12%
32 ft
20
68
*13
13%
110
91%
67%
67%
101%
*110
*18 ft
32 ft
67%
*13
33%
13
89
32%
preferred class A
13
13%
91%
101%
101
115
13%
ft
*13
33%
101
*110
♦12%
Pitts Ft Wayne A Chic Ry com—100
7%
gtd
preferred
100
33%
33%
*18 ft
Eleetrlo
14,200
96
*39
1
A Co
*90
*91%
1
Potomao
30
88
36 ft
36,
95%
41'/a
B
Poor
*86
37
•
92 ft
No par
16% May 20
14 ft July 12
3,300
92
13 ft
12ft Feb 13
12ft Jan 28
4,700
39%
*39
Co.—10
Oct
Not
19 ft
39
•87
.—No par
19 ft
15 ft
180
19%
41
♦44ft
lift May
12ft Dec
300
95 ft
104%
92
1
4
24
109%
.
92 ft
88 ft
5
Jun
*87
*
88
36 ft
*90
400
109%
19ft
39%
*86
37%
95%
24%
*39
Pond Creek Pocahontas
46
39%
2,700
/
104%
95 ft
105
19%
20
99 ft
23%
*24
109%
,
220
;
99 ft
22%
*90
Plymouth Oil Co
0
14
*94
*104 %
88
■
..
23
24%
19%
k:
f* A
600
17%
♦17ft,
100 ft
22%
39 V4
..
36%
88 ft
.
54
*99
109%
95 ft
104
*90
I
I
*24
109%
*86%
,
/
•
24%
19%
95%
70% May
Jan
23
.
39
36%
*91 ft
38
29ft Feb
53%
,.
100%
}
*109%
.
88
36
95%
plough Inc
33
53%
V 54
104
•86 ft
88
12ft July 28
Dec
7,600
19
0% May 10
36ft Oct
1,900
56
39
28% Jan 22
19 ft May
56
55 ft
*92
18%
Apr
21
55 ft
56
95 ft
14ft Jan
9
56%
55 ft
104 ft
Sep
10
Jan
17 ft '
56
*24
•
109%
Oct
38%
17 ft
56%
22%
24'V.V "
*93%
26% Jun 24
161
July 7
46 ft July 13
200
400
13%
100
preferred—— _jn o
B%
:Ioo
101
13 ft
No par
.
preferred
Pitts C C A St Louis
16,200
17 ft
*53
:
•91ft
100
12%
♦100%
13 ft
100
16
28
*27
55%
•99
40
36
100
1,200
56
22 ft
109%
18%
17 ft
53 %
104
105
39%
3
101
13 ft
98%
12%
28
*99%
13%
100
*14%
k
12%
:
80
32%
98%
.
100
107
55%
.
: 100 ft
53%
95%
105
Pittsburgh Forglngs Co
July 15
94ft May 14
82 ft May 10
17%
55 ft
.55%
♦99
109%
♦92
Pitts Consolidation Coal Co
14
54
♦108%
Pitts Coke A Chem Co com__No par
$5 convertible preferred
No par
15ft Jun 10
Mar 16
54%
.
preferred series A
Pillsbury Mills Inc
16%
Jun
,
Corp common-
5
May
110
:
Phillips Petroleum
Phoenix Hosiery
10
1
55
55%
common
B
preferred—100
5%
Deo
14
;
—
3.60 lertes preferred
Phillips Jones Corp com...
96ft
Jun
pr*T»rr*rt
3%%
Dec
98ft Apr
55
preferred
100
preferred
100
Phlla A Reading Coal A Iron—1
4%
Dec
110
17 ft
54 ft
55 ft
Philip Morris A Co Ltd
99 ft
Feb
17 ft
4.3 %
Phllco
96 ft
108
101
13%
24
7
14% May
*99%
13%
24
3
98 ft Mar
43ft
99%
40%
107
16
12%
*27
23.200
20
*31
•
5,700
18%
19%
40 ft
V
v
X24
3.8%
Jan
99%
♦13%
*14%
28
No par
ICQ
4.4%
8
15%
12 ft
♦26%
22 ft
9
98
xl2%
1
$1 dlv preference com
98
f,
32
12%
100
13% V13 %
53%
i5%'
32
98
5;f ::'88':\V
v
15 ft
•26%
28
•99%
31%
28
12%
12%
•
-
22%
111
11
*14%
12%
100%
103% Jun 10
dOftMay
98
*99%
Aug 31
Jun
*96
108
107 y4
•31
31%
X22ft
Jan 28
104
•30 ft
99
*14%
♦27
*
108
♦107%
s
112
xlS'ft
20%
*39 V»
No par
2
19%
19%
4oya
28
common.
18%
18%
Phlla
Co
19
18%
29 ft
*28
*110
*39%
■^2,600
19 ft
19%
19%
29%
112
19%
Philadelphia Co 6* preferred
50
66 preferred—No par
Electrle
19%
♦28
•110
fierce
12%
*12%
40 ft
No par
(Chai) & Co Inc
19
30
•alec tee
the Weak
I per there
13
18%
6
Pfelffer Brewing Co
May
36ft
•12%
112
*110
18%
18%
19
13
*27ft
•
112
-
$ per share
♦39%
CLOSED
r
37
18%
30
*27 ft
♦110
Sept. 2
per share
*12 ft
19"#'}
.
Friday
Sept. 3
Thursday
Sept. 1
0
13
18%
18%
18%
Wednesday
per share
*12 ft
112
100
Corp of America
/1
/
30
♦110
EXCHANGE
No par
preferred
Petroleum
-
12%
•28
com_No par \
5%
May
18
310
BALI MUOES
Aug. 31
• per share
I per stars
HIGH
AND
Tuesday //:
Aug. 30
18
preferred
108
Penn Power A Light Co
No par
Pennsylvania RR
88
Pennsylvania Salt Mfg Co com
10
3ft
conv series A pfd
100
Peoples Drug Stores Inc
8
Peoples G L A Coke (Chic)
100
Peoria A Eastern Ry Co_
100
Pepsi-Cola Co
33fte
18ft
Monday
23
RECORD
LOW
.7^
EXCHANGE
-
tpershars
7
STOCK
•atarday
RIW TOBE STOCK
V'.'-:.Rang*alnoeJan. 1 /
Lowest
Highest
Highest
;.
YORK
STOCKS
Butt for Previous
(959)
J COMMERCIAL & FINANCIAL; CHRONICLE
Monday
Aug. 28
Per
% per share
Tuesday
Aug. 31
Aug. 30
f perekere
8 per share
Wednesday
Sept. 1
$ per slars
f per there
Thursday
Sept. 2
Friday
•algs fe»
Sept. 3
• per thare
the Week
flared
1 per alars
R
tft May
68% Deo
6%
94ft
10%
80%
7% Feb 20
Feb
15%
Dec
Deo
Feb
Jan
Jun
17
105 ft Mar
Corp of America com—No par
$3.50 oonv 1st preferred—_No par
11
75% May 27
11% May 19
Radio-Keith-Orpheum
981/2 Jun
4
Ralston Purina Co 3%%
347/a Jun
18
91
Mar 31
41
Feb
28ft Mar 11
32
Dec
22ft Feb 20
32%
Deo
38 ft
Feb
31
16 ft May
37
Deo
22 ft
July
Jan
28
X36
35
July 28
May 17
18% Feb 20
27% July 12
48 ft July
30ft Feb 24
45
Apr 27
39
Nov Z
Radio
7ft Feb 27
63% Feb
•
28% May
17% May
13
15
31
39
Jun
July
Feb
Oft May
18% Feb
96
Oct
108 ft Mar
11
May
16% Feb
11% Feb
Dec
14ft Nov
10
10ft Feb 24
101
Jan 21
11
2
15 ft May 27
105 ft July 12
18
May 21
20ft May
29 ft
Feb
9ft July 19
22
Aug 26
10%
Dec
17%
Feb
10% Feb
62
Dec
84 y4
Feb
61ft Jun 10
66
15% May 21
12 ft
Deo
17
Aug
11
06
Nov
102
24ft
Jan
27
Mar 17
Jan
95ft Jun
33 ft
Oct
18% Aug 17
9%
17
14ft Jan
99
Aug
4
Aug 24
STOCK.
12%
12 ft
12 ft
12%
12%
12%
12%
13ft
12%
EXCHANGE
71ft
71ft
*71 ft
71%
*71ft
71%
*71 ft
71%
1 71%
7%
7%
7%
8ft
3
8ft
8
95%
*95
95%
*95
CLOSED
7%
8
95%
*30
No par
1
*95
31%
95%
*30ft
95%
*94
13
J23
6,490
40
95%
31%
30 ft
31
*30%
21%
30%
31%
33
33%
33%
34%
34%
34%
34%
35
32%
32%
33
33
33
33
33 ft
33 ft
25%
24%
300
8
33
*32 ft
32,600
71%
33
33
Reading Co common
—50
4% non-cum 1st preferred—50
24%
24%
25
25%
25 ft
25%
25%
25%
44"
400
2,700
400
1,800
*43
44
44
44
44
44
44
44
44
2nd preferred—50
Real Silk Hosiery common
5
*35
37
•36
37
36
36
*35
37
*36
37
100
14
14
14%
*13 ft
14ft
500
preferred ———100
*103
*103
108
4%
7 %
non-cum
Reeves Bros Inc
7
25% May 21
137/a May 24
pfd
Raybestos Manhattan
Rayonler Inc common
$2 preferred
Rels
12 ft
T1
100
(Robt)
dlv
$1.25
13 Vi
50c
13 ft
108
*13%
14%
14%
*102
108
xl5
15
14%
15 ft
14%
14%
10%
10
10
10
23
500
10
*22
>
•
*105
108
108
*105
5
15 ft
15 ft
15%
15%
10
10
10
*9%
10%
___No par
*22
23
1,500
Co—
A
preference
prior
Reliable Stores Corp
*22
*9%
23
*22
23
10%
*10%
10%
63
*62
63
22%
100
*10%
111/4
500
63
*62 ft
63
*62
Remington-Rand common
$4.50 preferred—
50o
12 ft
12%
12%
QK
*97%
*97%
100 ft
4
18%
18%
18%
18 ft
18%
19 ft
19 ft
20
f
10
10%
10 ft
10 ft
10ft
10%
10 ft
101/4
Republic Pictures common
50c
$1 convertible preferred--—.-.10
3ft
3%
3ft
3%
3ft
3%
3
31/4
7
7%
7ft
7%
7%
7%
7%
7%
29% Jan
7
13% May
8
Republic Aviation Cnrp
-
Reo Motors
10%
10 ft
10%
63
*62
12 %
100
12%
*98
12 ft
100
10%
*62'ft
I2V2
*98
300
22%
11% •
Reliance Mfg Co common..—.
.5
Conv pfd 3ft % series
.100
12%
12%
12%
5,000
100
*98
100
19%
20%
9,500
'
9%
22 ft May
101%
6% Feb
Feb
3
2
5ft May 20
Feb
6% Aug 27
11% May 21
30%
Dec
Jan
8%
15%
4% May
3ft Dec
Feb
91
6ft
Dec
113% May
May
Deo
14
10
22% Feb 11
24% Feb
110
Sep
103
5
10
82ft Feb
Apr
Jan
15 ft Feb
17
11%
Feb
5ft Feb
20
Jun
39
Jan
19% Feb
27
May
124
Jan
92
16%
Feb
44%
Feb
50ft
Dec
7% Feb 11
35% Apr 23
46
May 6
87ft Feb 18
Deo
317/8 Jun
14
111ft July14
21% May 15
96
Apr 19
8
May 15
-
10%
90
9
May
36ft May
46
May
U
Dec
104
Feb
Mar 19
29 ft Apr 22
104% Jan
5
11% May 26
41% Jan
2
50
Jan
8
94
Jun
1
:—.
No par
29
29 ft
28 ft
29%
6% conv prior pfd series A___10o
Revere Copper & Brass com—No par
*107
107 ft
*106 ft
107.%
Republic Steel Corp
com
16%
5%%
preferred——.—
—100
Rexall Drug Inc—
2.50
Reynolds Metals Co com
No par
5ft %
convertible
preferred
*94 ft
'
6
Preferred
3.60%
*47
ft
95 ft
6ft
24 ft
95 ft
*94ft
95 ft
*941/2
6%
6%
9
*9
9%
8%
24
9ft
38
38%
38 ft
38 ft
48
48
*47ft
89
87 ft
48
48
100
24 ft May 18
49
Jun 21
Rheem Manufacturing Co
Richfield Oil Corp
20 ft
20 ft
20%
20%
No par
37 Va
38%
37 ft
37ft
28
15
Rltter Company
No par
*22 ft
23
23
23 ft
21
12
12
30
Roan
*88 ft
89
*87%
200
25
24 ft
101
2,500
6 ft
6%
6%
24 ft
100'/2
48
30,100
95 ft
100 ft
*
30%
2,000
17%
*100
.38
4,900
'
107
17 ft
241%
37%
89
*106ft
17ft
9
9ft
7%
30 ft
30 ft
107
4,400
.
3%
,
17%
99
series
89
30%
107
3ft
17 ft
*94ft
6ft
30%
107
17
99
38%
38
/' ■'/".'
Common
6
29 ft
107
17
23 ft
.
100
*8%
.
*94 ft
6ft
;23%
100
Reynolds Spring
_1
Reynolds (R J) Tob class R——.10
/
95 ft
23
100
16%
17ft.
10% '
10'/a
>7%
;
10,900
2,300
24%.;.
100%
100%
8%
8%
500
38%
7,800
38
48
*47ft
48
87%
*87%
'/160
88 ft
r
30
1,000
kk/(/://; /k'fefHk''
19
Apr
13%
Jan
B3ft May
1% Sep
25% Feb
20
ft' Mar 16
18 ft
Dec
15ft Jan 26
31
Feb
21
10% Mar
Aug '11
5
Aug 18
6% Feb
6
■
'
19% Feb
Dee:
>19%
20% Nov
Sep
42ft May
i
24%
If H
Dae
15% Mar
8
7ft May
July
29 ft July
22 ft Aug
12
4%%
conv
54ft Jan 22
72
Ruberoid
12 ft Aug 12
18% Jan
68%
Oct
16%
Feb
For footnotes see page 26.
Mar 16
May 28
6
Ruppert
Co
Controls
preferred
Ronson Art Metal
Royal Typewriter
17
1
Antelope Copper Mines—*
Robertshaw-Fulton
27% May 27
Oct
14
Jun
Wkg
—
<Ths)
.Jacob)
Co._l
25
mc
I
1
No par
■
21
■
,V
37%
21ft
21ft
21ft
21ft
1,000
38%
38%
38%
38 ft
38 V*
12,500
24 ft
23 ft
23 ft
21
*5%
5%
*5%
5ft
5%
5ft
*5%
5ft
5%
1,600
10%
10%
10 ft
10%
10%
10%
10%
10%
10 ft
10%
3,800
ft
26 ft
26 ft
26 ft
*26%
27
26%
26%
•26%
27%
22%
22 ft
X21%
21%
*22
23%
22
22
•21%
21%
1,100
22 %
5,100
'
.
300
23%
*23 ft
*23
26
20%
65
k.
20%
65
*12ft. 13
20%
20%
;
i
:20ft
"
5%k
21
21
22%
22 Va
■'
30Q
*66
67ft "•
66
66%
67
67%
*65Va
66
600
*12%
12%
12%
12%
12%
12%
*12%
13%
200
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Monday, September 6, 1948
1
r?
YORK
NEW
%
ft»Bfi(«rPrerlraa
■*,%:7Ye»r 1047 %%,%.
-
.
7;
9 per there •%# f»er
shunt
RECORD
H..
Saturday
^EXCHANGE
.A%.
.J"
:
Par
'
■
Aug. 30
Tuesday;'.'
Wednesday
~
I per snare
I per share
■Friday
$ per
Salt* i«v
Sept. 3
Thursday
Sept. 2
Sept. 1 ■■■,:; 7
Aug. 31.
I per share
9 per there
HIGH SALE FRIGES
AND
:.'"f
'"'MohdayJ'r
Aug. 28
NEW YORK STOCK
8»i|« sine* Jan. 1 ■:%
%■ Lowest •••••'• ■•-'-••Wgheuf*'-:
9 per share
-■■B.per there
lowest .•■■,%•?•.■' Highest
STOCK
•;••%.;.y-gTocKs; ~."v
■
<
■
•.
Ut Week
9 per
there
Shetee
there
S
Xtm
89%
(ViUay
12%
p7%
j68%
60%
40
18
May
<6
Deo
S' 87
Deo
I
Jun
12
80
Deo
T
Deo
Oct
*?o
Deo
Deo
8
Feb
11%
17% Mar 19
Feb
Jan
S
-7V4 May
83 % May
40 y* Deo
59% Jab
25% Mar
49%
Jan
Deo
103%
Sep
39% Mar 10
90% Feb 27
Deo
102
88
9P
8% Feb 1Q
% July
S
88% Feb
13
13% Not
18%
83% Deo
11% May
98% Mar
24%
Feb
13% Feb
11
39% May
55
Fob
44
19
Jan
13% Feb 13
81 % Feb 20
Feb
19% Nov
15% Feb
43%
117% Deo
Bt
6
St LrSap P Ry Co oom t t c__No par
Preferred series A 5% vto
100
Lead
Joseph
i
STOCK
10
,■
i
Jun
CLOSED
*112
Bt LquIs Southwestern Ry.
'
b
35% Feb 11
ip
"*88 ii
10
Scranton Elec Co
15% Jun 24
*89
Apr 12
26% July 6
62% Jun
7
Seaboard Air Line com
v t
42%
42a
,
*115
.
A ;92
120
v
11%
92
?f*88;v
91 ■
'11% :'17%'
18%
14 y2
14%
28%
28%
28%
28'/2
»45--.'
46%
45%
45%
*46
*90%
:-
92
91%
*14%
14%
84
*82%
•
,
92
*90%
14%
90%
:■':■ 14%
*90%
90%
'v."
92
*82%
84
1
i
l
i
i
"
29
14%
14%
xl4%
5,600
29%
29%
9,400
*45%
46%
;
29%
28%
'
46%
*46
*
100
92'
90 Va
92
*90%
91%
*90 Va
91'A
70
14%
14%
14%
14%
14%
1,400
*82%
8'4
*82%
-
23%
*55%
57%
*56
57%
18
18
17%
18
18%
18%
18
18 Va
46%
47 Va
47
7,000
23 V*
23%
5
57%
400
18%
18 Va
1,200
46%
24%
23%
84
*82%
; 84
22%
57
22%
5
47
*56
'
93
Mar
10%
8% May
V
5
Feb
40% July
16% Feb
30 % May
11
Dec
Oct
Mar 25
31% Feb
10% Apr 29
6% Dec
16%
Feb
5% Mar 17
16%
Feb
9% Mar 16
Deo
110
8
5
10% May
101
59% May
,
July 26
94
Feb
26
Dec
26% Feb
11
36% jun
40%
Oct
30
Feb
11
18
May
33%
Jan
17% Feb
11
Deo
78
14 V«
11%
10
Aug
4
15% Jan
2
Shattuck
Dec
*.>22
12
Mar
9
13% Jun
1
Sheaffer
35%
Dec
9%
Feb
6%
11
46% Jun
15
7% Jan
5
Shell
Union
36
May 15
Simmons
44
Jan
11
10
23
Oct
18
11
Apr
24% Jun
39%
Oct
30% Mar 17
39% Jun
18
102%
Jun
82% Aug 10
93% Aug 19
90
Apr
July
23% Deo
35%
Jan
19% Feb
5
13% Mar
17%
Dec
14% Feb
11
99
7%
May
3% Aug 23
Feb
8%. Jan
8% Oct
Aug 16
26
Jum
-
23-
4
Nov
54%
Apr
39 % Feb
17
52
Jun
7
57% Aug
22%
Jan
12
Aug 11
16% Jan
cumulative
5%
Jan
25 % Mar 16
July
28%
Feb
20% Feb 27
Apr
50%
Dec
43% Feb
11
62% July
9
Southern
May
:l '57% May
50%
Jan
33% Feb
11
50% Jun'23
Southern
"77
Feb
58% Feb
20
70
July 12
81
Aug
70
Mar 23
73
Jan
20%
Feb
15
Mar 10
20
Feb
26
25
5% Aug 10
27
Nov
May
4% May
"
7%
Feb
Q
May
14%
Dec
93%
Jan
16% May
24%
Oct
May
17%
Feb
90%
Feb
••13% May
18%
Feb
15% Feb
20% Feb
27
Nov
45%
Jan
99
Nov
97% Sep
Dec
112%
37%
Feb
23%
Jan
83
Dec
102
Aug
27% May
May
19% Feb 27
Feb
88
Jan
Dec
Ms
115% Jun
27
39%
40'A
6%
6%
6 V8
Feb
35
27
v
10
Feb
Feb
11
15
6
■15% May 21
Feb
M
Mar 12
104% Mar
ar
Feb
'36%
Oct
n
191
Feb
3.2% Feb
'24%
Oct
121
*
Inc
21 %
J si
17
Feb
IS
25%
a
Feb
7.
18
$
20
18
LOU Mar IS
Jun
Jan
22
400
30
30
1,900
33%
1,000
33%
*33
33 Va
83 %
83%
*81
83
*81
83
95%
95 %
95
95 %
*94%.
95%
*21
*21
*
33
23
*31
150
21%
*21'A
22%
22'A
*21 V.i
21%
400
18%
19
18%
19'A
19 %
19 3a
19%
19%
26,000
*99%
100%
100
100 Va
*100%
101%
500
101
101
1
3%
3%
3%
•3%
100%
3%
3Va
3%
3%
*3%
7%
7%
7%
7%
7%
7%
7%
7%
7%
*45%
47
*45'A
47
45%
45'A
*44%
47
*44
47
*55
55%
*55%
56
56
56
*56%
57
*56
57
12%
12%
100
12%
1,600
4
13 %
43%
2.200
41%
13
43%
2,400
13%
13%
a
2,100
77
x41%
3 00
300
12%
12%
44
44
44
44
44
39 %
39%
39'A
40
40
40%
*39 %
29%
29%
29%
29%
29 %
29%
29%
29%
29%
29%
2.600
28%
28%
28%
28%
28 %
28%
28 Va
28%
28%
28%
3,400
28
27%
27%
27%
27 Va
27%
28
27'
.j
28
59%
5
61 %
59%
60%
61
61 Va
61%
61%
61
a
61'Tt
46%
48
48 Va
49%
43
j
48 '
64%
65 Va
60
66
66
71%
71%
*71
73
12%
44
*38
of
Ohio
uai
45%
46%
45%
45 %
65
65
64%
64%
..*71
73
1
*17
i
*
4-.
*71 Vfr•4
UlRj-:
par
convnrtib1!:
G .5
*
5 %■
*6%
1
lJaOO
7,500
6C%
1.200
20
*71
73
X17
18%
7
5%
*
*5%
11,100
•
17:
6 %
5
8
7
%
4
67
68
2'4
5%
1o0
2
50 b
r«
'
66
1
*64
66
♦24%
2.4%
27%
£8%
10 %
1
*65
68
24%
100
2
27%
250
•!
24
goo
26'
ft
27
4
5.70 J
i)
1' !
i
7,50)
*7'.!
t
24%
27%
27%
6
68 %
11
24 %
24%
27%
10%
10%
10%
10%
10%
*70
71%
*70%
71 %
70%
70
_5
19
19 %
19%
19%
13;
a
1
*22
23
22
23
22%
i
22%
99
1
19%
12
No par
X06'
ft
88
•
23
t
'
23''a
96
79
•;
•
,
24
23 %
97
*94
105 %
104%
10-- %
4 4:
"23%
64%
63%
44%
c
44%
45 %
'
73 %
18%
79
IUVj
94
*93
13%
0
63%,
63 '(5
b
28%
*93
..1
.
8.6
.
_
•13
>i
33%
*40
-Non,:.r
4
i
?'
*39%
•
•'
%
9
J
%
/
'
•
...
7.
'3 1
a
\
-
*■
%
^
,
:
12
- 4
•
'
1
% '
V 1
J
'••.' 7
41%
2
1
'"
;)
88 Va
5%
93
6'!%
j
6'J
..
26 %
*86%
70
97%
25 Va
103
44 '
loo
.
97%
2
fb%
63%
common—10
A
9.7
'2
23%
'
78%
25
common-
]
%
25%
f.irr.
26%
22%
1..25
L
200
40
*
*17
18 T«
5%
*6%
pr-..erred—
(The)
a
7.i
7
5%
I
.
t
*17
No. par
.cries
preferrc:
*40
'
100
Sterling Dry- Jrc common.
3%T
8
5%
15
SVobr-ter....
1
i
'
r,
/r»i
■;; •■' ;t
3.3
M
-
i
.1 7 '
r.t
17
%
1
i
3 7 '
i
I
r<
•
j
a
V:
■
'...
■
1
,t
i
%
i.
'
25
,
:
3
J-
'v.
1
% '<■
V:
23
i
T'
i
'
14' :<
i:.V;
j; -
4
i
i'
i
;a
i
;
i
2% ;
J:
17
"'b
'■;
V
:i
.
1
.-t
4
%
-
25%
<)
.
•:; 77
17%
i
,.,.25%
i
13 %
<7j4
!; 4
%
3
)
') 4
i
3
17%
2
i
94
A
94
<5
"4
;|
*
■)
1
>
2a:.'
>
2
'
]
t
16 Va
17
l
.1....
!
..
'..2
j
'-j
'It
■
"
3.. '
J
.
13'
1
1 •%
13 Va
20
—No par
—
etudebaker Cory" fThe)
,
13
7.
■■■
63%
2'J'
g
'
2
*92
3 5
prior preferred
fz.
35%
-100
...,
Stokley-Viiii Camp lac common
Store
1
•
.p..xer, .T.
...5
Stevens <J P; d; Co Inc.'
Stewart-IVarner Corp..'....-
a
Jan
Va July
29% Jun
21%
..
97
6
11% Jan
22
30%
95 %
33
K5
Sterchi Bro:; S'cre.> J
8
38% May 21
16% May 26
Aug 27
Mar
17
n
9
Ji
33%
22
30
*81
103
Starrett Co
30
*94'A
33%
9 5
4'■:,
21%
29%
1,600
*115%
95%
*92
G;l
21%
30
24.500
118 %
118
116
21%
preferred.-
Standard' Sfetd- Fpv)'.g
35 % Jun
10.
Mar
21%
%
100
27
26%
26%
26%
2,600
83%
33%
No.par
3%%
26 Va
116%
115
1,200
5Va
30
41
*39%
-
*81
25%
11
26'A
115%
26%
26 Va
41
*39%
41
30
30'A
29%
29%
29%
*40
*94%
20
*97%
Standard
43%,.May 11
41% May 20
Oct
30
$7-prior preferred
*_No par
Standard Oil of California—No par
15% May 21
97% •Jun
400
3,500
6 Vo
5 Va
5%
5%
29%
41
No par
Brands
cum
39 %
19%
$6 prior preferred
Junv14
Feb■17
29%
com—..No par
$3.-50
38%
39
5
5
Standard Oil of J- Uiafta—
Feb
38%
5%
*39
Standard Oil of Nmv Jersey
Jan
5%
No par
15
Frb
39%
39
200
5,900
'
5
stoc^ tr ctfs
15
Jan
May
13 Va
40
_100
16
Jan
Jun
13'A
39%
common—No par
Jun
10% May
•
Railway
Jun
47
i May
13 %
.No
73
18
•r«:u
*13
*13
pfd_100
Co—
53
49
14
••
13%
wd
Pacific
92% Jun
Dec
Dee
13%
7-.5G
13
43
May
*12%
Co
11
May
«
13%
27%
Gas
69% Feb
12
13
*12%
50
38% Feb
34
80
f'll%
50
64% Jan
31% Aug
•'3o k Nov
*11V*
com_4.50
Co
July
•2:7%
v
11%
Standard G &: E Co S4 pref_..No par
25
July
105
i0% May
.41 % Jua
**87"
27
G
44% July
Mar
23.%
97% Feb
*11%
Standard
25
Fob
63
Jun
11%
common
10
103
11%
Squibb (E R) fic Sons
$4 preferred
27% May J.5
.11
11%
Platinum
&
80
■'37%. May
84
3
Feb
xll%
21%
$1.50 pre; erred
Square'D Cc__.
29
91% Jun
ii
Jan
22.5
7'89
May
"80% Mar
83
Feb
82
36%
Jan
29 % Jun
11%
18%
Conv
2
104
a
114%
81
,•
18
1
-i2-)4 Mar
*11%
'
15
preferred
Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel Ine common
•
May 15
May 14,
23% May 15 '
29% Jan
76%
100
$5.50
14
21% Aug 19
*74%
Spalding (A G) & Bros Inc
Sparks Withington
No
Spear & Co common
;
74
16
76 Va
Greyhound Lines
Mobile & Ohio
6
20
*74%
hon-cum 'preferred!
5$
2
61 % Mar 17
68 %
77 Va
preferred—100
E &
Natural
Common"
5
7% Mar 10
Dec
8
r,;
Southern
Aug 27
Aug 25
23% Mar 18
*74%
South Porto Rico Sugar com__No par
8%
preferred
—25
Southern California Edison
25
30% July 9
30% July 12
63
•31%. July
%23% Sep
5
4
Jan
73
V
70
preferred
conv
preferred
34%
58
*74%
5 % %
Southeastern
Dec
'7 19
77
preferred..—
Carolina
South
43% May 24
42% Jan 15
28
1,200
*74%
*29%
37
27 % Aug 26
23 Va
*21
36% Mar 17
~34%
22%
30
Dec
.28
22 Va
21%
Jan
22 '
22%
*21%
56
'
22%
_10
42%
Mar 17
4,700
22%
Corp
South Amer Gold
8
27
2,200
42 Vt
*22%
_20
5
May
33'A
42'A
22%
-
Solvay American Corp 4%
May 17
42
33 Va
43'A
22%
Socony Vacuum Oil Co Inc
8% July 28
45% Aug
6
f 14%
33%
41 Va
Smith & Corona Typew.viter__No par
9
104% Jun 14
5:
5% Mar
98%
33 %
'Smith (A) & Sons Carpet Co com
16
Jun
98%
*97%
98%
114
4.20%
*97%
42
26%
3%%
98%
33
116%
9
*97'A
41%
26%
19
98
11,200
32%
116 %
Co
(A O)
200
13%
41
Smith
3
7%
13%
33
Sloss-Sheffield Steel & Iron
14
35% Jun
*7 V*
13%
40%
15
Skelly Oil
2,100
7%
13%
32%
No par
21
11%
*7%
*97%
No par
No par
1
'Sinclair Oil Corp
21
Jun
13
Feb
28
Co—.
32% Jun
160
11
11'A
7%
13%
*1%
1
Simonds Saw & Steel-
Feb
11%
11 Va
7%
98%
'Coalition Mines—
5
15
11
13%
7
13 Va
12%
14.660
33%
*97%
——15
14
92% Feb
39
1
Oil
Silver King
7
38%
41
Corp of America
4% Feb
8
*6%
39
33
Co
Pen
35% Mar 13
7% May 18
7
38 Va
No par
No par
pref series A
\Frank G)___
Sheraton
*6!/a
39
No par
common
conv
(W A)
7
12%
7
38%
1
27% Feb
Dec
37 Vi May
11%
700
*6%
7
No par
Feb
Dec
■; 40 % Nov
11
7%
*7
No par
Feb
18%
Dec
11%
*6%
7
12%
l
—
Jan
117%
29% May
11%
5
__1
Gas
51
May
"*3%
$3.50
Apr 21
5% Mar 17
28% Feb
38%
i
41
Mar
19
Feb
38%
Cprp
Dohme
&
Dec
Apr
May
[
Sharp
Steel
25
68
/
Sharon
Feb
4
Apr
27% May
87%
preferred
Shamrock Oil &
2
68
39
14
.
$4.50
Jan 31
104
,82
Feb
21% Feb
24% May
0% May
'
.
39%
47%
r
'
*6%
Servel Inc common
44% July 15
27% Jun 10
70
*
Jan
30%
34% May
38%
Beeger Refrigerator Co
Seiberling Rubber Co
1
00% Apr
—No par
Sears Roebuck & Co__"
8% May 15
14% Jun
*46%
jSeagrave Corp
042% May 18
12% July 12
'47%
*46 %»
47%
No par
Seaboard Oil Co of Del
6
10
*90%
90%
14%
.
92
90%
57 TV;
1
4,Oud
1 VAB
111%
14%
56%
»'
OX
.
.17%
,22%
•%
40
7,900
*110%
18
56%
21
,
*03
21%
■
540
12
11%
111%
*110%
15
28%
14%
93
12
17Va
111%
14%
6,500
93
92
91
20,500
120
1205
120
'
*89
46%
*110%
43
1,300
14%
43%
.-14%
15%
43%
11%
52%
52%
53
a
118
92
11%
*88
il%
*89
,91
17% 1 18
*110% 111%
11%
14%
J.
c__No par
»_■
42 Va
111%
-
Seaboard Finance Co
14%
43%
•
17%
0V'.;::5£V preferredvSeries^A^ij^JOO
14
14%
42%
♦110'%
G'
5
common
52%:
14%
*88
91
->4
52
•., 52
*112
92
11% \11%:
3.35 % cumulative preferred—-100
87
20% Jun
(The)
14%
43%
120 /
42
53
13% dvUVa
42 V4 7
*51
50%
50%'
13%
EXCHANGE
>
Co—100
if* non-eum preferred—100
13% May 27
St Regis Paper Co common
5
1st pfd 4.40% series A.
01% May 20
.100
Safeway Stores common—
—-^_5
21% Jan 2
113
Jun 16 .'■:
5% preferred
100
15% Aug 24
Savage Arms Corp——-——3
35% May 21 *■ Schenley Distillers Corp—
1.75
51
May 27
Scott Paper Co >commpn
No par
05'
Jan
9
$3.40 cum preferred
No par
93% Apr
Scovlll Mfg Cp.3.65% cum pfd—100
7
101
18
108
0
48% May 15
139% May 28
13
79
114% Mar
Feb
88% July
86% July
108
61% Jun
16 % July
39% Feb 94
BV* Feb 11
32% Feb 11
67
Jan 2
58
Jan 29
*$«
Jao
Deo
Dee
2"
■■
(.
j
8
i
■
i
■
■.
8'..J •
t\
.
1
;
•
i
3
.
-10% May
$.05
» 5i
*•
..
114
-
7'%
15%
Feb
Aug: 11
11 Va Jan
109%
Apr
Mar" 17
93% May
75 % Mar
Mar 19
70% Jun
May
Dec
125
Jan
Oct
12%
113% Jan
31
S % Feb
IS
82% May.
45 %
"8% May
■
•17% May
Jan
160
'
Jan
Juiyli).
34% Mar
13% Mar
24%
120
3 8 % Feb
140
Cory
1
*9
.-Do par
*28
common
9 1
0
9
B
IT
9 Va
c,
9..
July
235
1
May
24% Feb
.14
Feb
11
47
38
Mar .12
44% JUn
Mar
Jan
21%
30%
Jun
3.7% J.an
20%
Dec
27%
18%
Dec
•79%
Deo
28%
Oct
10%
Feb
4
13%
XlST'a
18 Va
n
*13%
X22%
A.I
22"
23
•
37%
#<3 \/„
16% Jan
Swift & Co—,
22
:185
17
17
28
Jpn
91
Aug
7% May
30
.
(The)—4.16%
...1
^
42%
42%
*11
43%
(
21 %
-
.
tLi
1
ci-'
6
88 Va
-
'•
■
» •;
AI '.(j
21'%
<5
80%
88 Va
*08
6V«
6
5
%
6
81%
1.400
1,000
.;
102
loo
10
<500
42 %
43
•%9
10 %
11%
jaJ[)
33T%
3 4C0
15%
15%
2 :.um
22%
22 %
221
89
88
83
1b '
88'%
5Va
.6%;'a.,y
188
*
OJTt
15 %
21%
21 Ves
■'
■
*86 Va
1
700
4
10
*4 7%
11%
33 Va
15 %
11
')
?,2VB
10 %
33 '7
-
Sylvan la; Efec .Prod Inc com—No par
$4 preferredNo par
'*
4
3 5 1
i
*
17%
42%
'••
8 5 '■
9%
25 Vt
* 101
15 %
rj
%%
185
17%
-2
3.4%
j
'I
.1
'
175 %
*41 Va
17 1'4
421
11
-11%
22 Vn
38%
*
190
41 %
2 yl:a
: go
•:
*
'ip '
.
i3"
28 %
80%
■
9%
i)
13%
15::
'•
22%
'?.-X
4
120
18%
i[)
38
'
118 %
13%
i'.j ■'■;• ct
■%
0%
17%
*
*
120
17%
'•
24 5
24
190
17 Vt
*11
-
'
15%
*118 %
13%
0%
*
1G9
13 5
*41%
.
11%
33--
15
-4
<
70
3%% "3
.
24%
.
9">%
69-%
25%
9%
.i,
«J
*16%
X33
25
Symington Gould Corp
*
IV/Z
O?:'-
81"
B
190
_5o
Swift Internationa) Ltd
Jan
9
1-25
Sutherland
38% Jan
235;
.
I
fi;,
69
10
%. '• 7.
27%
2 7 'A
*23%.
10c
No par
'
95%
a
120
j
13%
u
1 '■
;■
70 :
9
a
97%
G
19
6
80% Apr 21
4% Mar 12
Feb
a
135
25
14% Aug 12»17% Feb 27
104% Mar
•5% May
1185
Paper Co
Sweets Co of Anierica
10% July
X30% Feb
Jan
120
*11.8%
118%
Xl3 Vi>
Mining Co
19% Jim
May
1
%
60%
25
Superheater Co tTbc)
Superior - CU of California
Superior Steel Corp
Jun
13
100
A
68%
65%
63 7
9 7
*90
97
6814
4% % '.prelerred series -B_—
23
Sunshine Biscuifs Inc
1.2.50
Sunshine
11®,a Mar
33
No par
common
pfd (4%T cumi
SunrayOii Corp common'
4 % %
preferred
ries A
28 % Jun
11
Mar
July
£6% Jun
43
2
9% Marl
Oct
Dec
•Class
21% Jun
21 %.
14%
Chemical
$4.50' series- A preferl-cd
Sun Oil Co
15% May
% Aug 30
Sap
J:D
101%
Sun
'
July
'
4
6Va
6
Va
7,500
m
-
.
6 Va
2,3(11')
\ i
'
[ Range for Previous
Year 1947
■■Lowest
J jper share
Lowest
Highest
_
$ per share
i per share
Par
Telautograph Corp
Tennessee CorpTexas Co
24
Dec
Texas
58%
Nov
Texas
47%
Deo
Texas
—
■:
34%
Jan
Dec
•
■
(James)—
(Tliej
1—;
——7
10
40%
Feb
Texas Ac
Pacific Ry Co—
Textron
In4
18% Dec
Dec
19%
Dec
21%
Feb
$1.25 conv preferred—
No par
Thatcher Glass,Mfg Co common—'_8
17%
Feb
page
conv
,
icommon——
26.
VJI.
_100
57'A
^^50c
14%
17%
42
42 Va
58
'
7-
8%
3%
29'A
No par
13 Vo
13 Va
*17%
29%
■
,-av-k 1'•':£;.1
59 Va
14%
.15
17%
preference—_^_No par
The Fair
1.
see
Shares
: % ( *
•
Dec
May
the Week
1
15%
12
Friday
Sept. 3
I per share
Sper share
_!(>
58%
.-..For,footnotes
$ per share
.—25
r
pacific .Lund Ti*usi~*
Sub: fchare
$2.40
'
I per share
N» par
Jan
59% Feb
Aug. 31
Sales for
CLOSED
Dec
Dec
Aug. 80
Thursday
Sept. 8
Wednesday
Sept. 1
EXCHANGE
5
13%
12%
41
Monday
$ per share
ii
HIGH SALE PRICES
STOCK
5
41
,
share
9
——
Gulf Producing
Qulf Sulphur—
Pacific Coal & Qil
New
•vTexas
15%
$ per
AND
Tuesday
T
'
Talcott Inc
Jan
20% Aug
68% July
Saturday
Aug. 28
EXCHANGE
Highest
Feb
7%
LOW
STOCK
9 per share
,
14
STOCKS
NEW YORK
Range since Jan, 1
..
8
43'A
•
18
*13 Va
13 Va
60
14%
15
38 ;-;V
8SA
29%
45%
*58%
15
29 Va
"
42-/2
'
759%
18
8
'■
30.'
*13%
30
13 Va
.
•Volume 168
Number 4731
THE
COMMERCIAL
NEW
Range for Previous
9 per share
$ per share
PS May
45
13%
10
'Sep
33
39% Feb
85
Dec
Feb
25%
19
8
95% Jan
2
17
Jan
Mar 17
44
Oct
Mar 16
10%.Feb 27
6
30% Aug 31
32 % Jun 15
55
13% Jan
Jan
12
Jun
21
15% Jan
22
Feb
5% Feb
11
'112% Feb
97% Mar
2
38% Jan
17% July 30
33
36% Jan
Dec
7
Jun
Nov
16
11
Dec
Oct
Jan,
37%
Oct
115
Dec
.
Sep
Dec
.
81
Aug 25
85
JO
May
16% May
102
Dec
15J/4
38%
75
Sep
28'%
Dec
18%
Feb
Dec
110
Dec;
31% Jan 26
22% Feb
10
105 % Jan
;
6
11%Aug 11
,
Apr
70
Aug
3
Not
19
Jan
22
—
—
Jun
35
26%
Jan
33J/a
3%
Dec
Nov
83
Dec
5 J/2
Dec
10J/4
Dec
95
5
Mar
8
May 10
2»/BPeb 11
Feb
13
4»/2 Feb
Jan
48
19'A
15% May
91
23%
9
463/4 Jun
11
10
Feb
22
58% May 17
23
3
May 24
21J/2 May 26
,
Oct
16% Feb
27
89
Feb
20
101
Oct
15'% Feb
11
107%
Dec
Feb
92% Feb
11
241/4 May 15
1133/4 Jun
9
196'% Mar
Corp
168'% Aug 11
32% May 15
179
Jun
$3preference
United Dyewood Corp
7%
preferred
2
..
&
Gypsum Co
Feb
37
69% May
Dec
53 'A
Feb
5% May
Jan
32% Aug 11
9%
Oct
5'% Mar 15
7
U
39%
Nov
24'% Aug 30
36
Jan
5
24%
Oct
15
211/4 Jan
2
Jan
9'%
Dec
35
10
May
Apr
46'%
Sep
2
9
8% Jan
7% Mar 30
934 May 20
Oct
39'% Feb
16
53% July 13
49
Jan
13
14
58
July 9
37% May 21
U S
25% Feb
92
Dec
40%
Dec
103'% July
60'% Feb
Dec
165
Feb
87
Feb
6
38% Feb
11
125% Mar 19
94
May 7
49% May 15
137% Jan
1
51% July
41!% Jari
6
58 % Jun
67
81
66% Jan
7
72
61% May
133
Dec
*17%
Feb
80
Dec
67% Mar 17
150
Mar
129'% Mar 16
Nov
23
Feb
17'% Feb
Dec
38
48%
Feb
38
10
Jan
2
I
Jan
8'/a
Oct
4'% Mar 16
8
Jan
12'A
Feb
8% Feb
49
35%
8
353/4
35%
100
*106%
26%
271/4
*106% 109
10%
Jan
Dec
52
Feb
24
22
Feb
16
11%
Feb
4
May
4% May
109'% Jun
Dec
163%
Dec
13 J/4
Dec
.*«%
Dec
.
23%
93
Dec
91%
150
Feb
29'%
19
Mar
192
19% Jan
8
42% May 20
6% May 21
61/4 Jun .15
Dec
16
24
29
3%
*33%
20
11
83 % July 14
140% Jun
3% Mar 17
Dec
10
Feb
56
Jan
Aug 25
34
Jan
Feb
20
13
Mar 16
Feb
17
Feb
6
July 19
Feb
24
3%%
21
Jun
17
10% Jun
11
23% Jun
8
170
May 22
151/2 May 21
70
May 20
cum
■•106%
10
13%
*70
21%
8%
U S
non-cum
U
7%
*33%
*32
3%
49%
3%
3%
45%
45%
22
*11
11%
333/4
*49
453/a
3%
3 J/4
*69
1051/2
*170
11%
541%
273/4
29
28
95%
*93
20%
20
11%
*8
30
*88%
46%
33%
78%
15
15%
"
9
47
58%
30%
90%
45
48 '
*47%
69%
*69
793/4
129%
48
44%
,693/4
*68
78%
783/4
1333/4
133%
18%
18%
40%
xl8%
*40%
40%
X40
5%
*5%
53/8
1331/8
No par
18%
18%
25
*40%
1
*5 '/a
9%
*893/a
97/8
134
92
93/4
*89%
80%
134
.
93/4
92
com
48
*68
134%
18%
40
48%
691/4
80%
134
813/s
134
18%
18 'A
*393/8
403/4
5%
5%
53/8
10'/8
*10%
10%
92
*89%
92
4%
4%
4
.4 >/4
25%
*25
26%
19
*18%
20
19
*73/8
22
_100
Inc
48%
69 J/4
813/4
*24%
Universal Leaf Tobaccq
compar
8ft
preferred
Universal Pictures Co
*5%
9%
*89%
1
1
Universal Laboratories
Inp.
5%
15%
29%
100
United Stores $4.20 non-c 2d
pfd—8
$6 conv preferred
.No par
United Wall Paper Inc common—.2
4% cum conv preferred
_50
34 "2
5%
25 %
44%
128%
129%
*69
71
25
*88%
453/4
47%
34%
57/a
*
11%
'
*70
25%
30 %
129
No par
Universal-Cyclops.Steel Corp
*57%
20%
.173
11%
11%
71
90%
45
50
Corp
47
58
95
106
*170
175
'
15%
50
preferred
105%
5%
100
com
x20%
*170
11%
29%
*93
201/4
33%
1
28%
95
105% 105%
IO51/2
175 i'
_10
com
6>/2
15%
10
1st preferred
33/b
453/a
50
43%
*25
100
4%
453/8
53%
541/8
1
46%
4
207/s
No par
*57%
11%
331/4
333/4
71
*70
10
13%
703/4
24%,; 25
No par
,
109
13%
70
"*61/4
*42%
15%
20%
*107
>22%
11%
6%
43 >/2
54 ui:
27%
35%
27%
3%
243/4
20%
*94
35%
27%
*48%
24J/4
1
48%
3 >/4
6%
71
48%
13%
33 J/4
451/4 : 45%
t
6'A
34%
91
71
*32
-.4
82
90 J/4
49V2
3%
104%
34
109
-/
163%
1
7%
7%
22
7%
21 %
165
*163 J/2
22'A
165
preferred
Range for Frevloua
9 per share,
Range since Jan. 1
Higheat
Lowest
9 per share
I per share
YORK STOCK
EXCHANGE
15
39
Feb
94
29'/a Jan94
May 28
95
Nov
104 7/a May
10% Nov
112
.6
Jun
4
48'/a Jun
Jan
,
50%
% May 17
15 J/2 May 21
Feb
94%
24
96 Vs.
Apr 23
14% July 13
124% July 12
-Nov
16% Oct
121
-Feb
;6'atvrday
1
Aug. 28
9 per share
267/e May 21
Jan
.
NEW
Highest
243/4 July 14
20%
100
STOCKS
Year 1947
'Lowest
183/s May 15
117 '/a Jun
23
Jun
14
2
38J/2 May 11
34 Va May
3
Par
Vanadium Corp of America—No par
Van
Norman
Van
Raalte
10
Co
;..:2.50
Co Inc
new
Vertientes-Camaguey
$■ per share
CLOSED
Sugar Co—6%
2.50
non-cum
div
partic preferred.
Elec & Pwr Co com
Virginia
$5 preferred
Va Iron Coal & Coke 4ft
Virginian Ity Co common
6ft preferred.
Wednesday
-Sept. 1
f per shstre
« per share
21%
r
21%
Thursday
Friday
Sept. 2
9 per share
Sept. 3
22
22
J2%
12%
*123/a
123/4
24
24
*23%
24»/a
13%
*13'/a
13%
"24
23%
23%
21%
23%
"
*89
91
*87
*89
93
*87
12%
114
39%
92
12%
114
17% '• 17%
100
*111%
25
.*20
112 »/2
39%
*90
123/8
114
12%
114
39%
*90
12%
*1121/2
13%
23%
•
89
90
39%
92
171/8
173/B
17'A
173/8
111%
111%
112%
*20
351%
*35
31%
221%
*20
22%
323A Jan
67
Apr
13%
Apr
29%
Apr
100
x 17
.
-57% Aug 16
13% Aug 30
X30l ./peb ill
100% Apr 29
Dec
'/a May
xl8% Mar 17
•7% May
10%
Dec
12
8% Feb
Dec
21
cumulative
Wabash RR 4%ft
Waldorf System
Walgreen
Co
20% Feb
see
10
5
17% Feb
17% May
16
page 26.
preferred
<
20
20
_lQu
No par
common—
No par
preferred—
:.
Walker (Hiram) G <fc W
100
4ft
Ward Baking
20 % Jan
common
5%ft
Warner
Co
No par
—No par
1
common
preferred
100
Bros Pictures..-—^———B
Warren Foundry & Pipe—
Warren Petroleum Corp new
Washington Gas Light Co
Waukesha Motor Co
No par
com__3
No par
8
36
*35%
36
311/2
32%
323/,
*32
33
34
33%
33%
*28%
25
._-5
preferred
Walworth Co
10'A July 16
241/2 Aug 18
Dec
For footnotes
7ft
11
x83% Mar 12
May
19%
13
Visking Corp (The)
Vulcan Detinning Co
10% Mar 12
Dec
88%
5
*33%
29
*28%
29
*28%
29
*29%
39% Apr 26
32% Jan
"
123/a
115
IIII/2
221%
35%
i
40
92
12%
24%
13%
93
-*90
213/4
12%
*24
91
39%
;
.10
25
9 per share
Tuesday
Aug. 31
*88
100
pfd
61
*89
preferred——10o
Victor Chemical Works common
5
3% ft cumulative preferred—_ 100
Va-Carolina Chemical com
No par
6ft
Aug. 30
23%
Vicks Shrevp & Pacific
Ry com.. 100
5ft
10%
61
13
—10
Vick Chemical Co
10%
61
AKB liM ULI PMOn
Monday
} STOCK
EXCHANGE
10%
61
4%%
30
*29%
30
*29%
30
*59
60
<
-133/4
13 %
30%
31
*103'A
105
23 >/s
10'A
23 %
10'A
15
15%
*95%
96%
xl03/4
11 %
24%
25%
253/4
26 %
*24%
25'A
*18%
18%
/
.
96%
82
36 '/4
13%
34%
104%
48%
♦213/b
*32
42
*92
333/4
333/4
140
1,100
133/a
34%
41 >/2
27'A
21%
*331/2
9%
00%
27'
*70
11%
l
34%
.72
34 %
49%
96 Mi
-82
*106 »/2
-14
v
213/4
a33%
3%
105 J/2
300
28
343/4
-
160
700
7(700
500
6%
13%
34%
41%
*35%
27%
>
.
I
533/4
x89%
x48
35%
109
13%
*70
:
•
10%
533/4
13%
34
<49
27
72%
45'A
*5%
1*10%
53%
•92
92
48%
f
>13%
3%
9%
40%
8,800
100
9%
,82
34'/a
*42%
5
20
series A
Stockyards
.3%
*48
*69
13%
common
Co
non-cum
*11
3%
Nd par
Corp common
preferred
United
11%
33%
5
S Steel
U S Tobacco
Hi
33%
*48
■
com
13%
,
11%
*32
—100
preferred
7%
;
*21%
20
Smelting Ref & Min
7%
13%
72
21%
33%
10
8
common
prd
Co
(82
90
'
>
.
*26%
1043/4
104J/4
.
500
"
34
27%
y
41%
796'/a
48%
Playing Card Co„
Plywood Corp common
S
U S Rubber
Apr 21
12% May 26
98 Vs. Jun
9
96%
U
13
38%Mky
Co
103%
*02
;
600
-t-
102
*6%
x34
413/g
/c*81%
.34
35%
27%
33%
*98
9%
35
X40%
49
109
35
102
21%
6%
27
,9%.
343/4
J
96%
62
101J/2
10%
103%
*92
mv*
82
101%
53%
35'%
26%
preferred
Pipe
Foundry
U S
Feb
Jan
127%
Dec
Leather
105
' 96%
101%
240
3,700
9%
*133/8
48%
4'/2%
73
Dec
23% May
*81%
Hoffman
S
39
46%
•92 '
9%
*6%
13
41'A
*103%
9%
*98
523/4
343/4
J/4
*33%
40 ^
40%
103%
14%
17%
17% -17%
-27
9%
,
11%
14%
21%
r6%
27
34%
11%
17%
17%
34
34%
11%
101%
103
41%
>'''//,■■ 1,100
21%
*98
34%
12,100
51%
*50
17%
x34
.9%
21%
21%
99
28
27%
104 %
18
•6%.
1,200
6,300
v
21 J/a
35
5.6%
903/4
Partic & conv "lass A
U S Lines-Co vommon
25%
16%
Jun* 4
S
*17%
X21%
41%
100
Machine Corp
_5
41/4% preferred
—;
100
U S Industrial Chemicals
No par
Jan
423/4 Jan
*9%
preferred————
94
U
17%
20
13,200
20%
14%
9
101
21%
104
17%
17%.
9%
101
90%
common
33'%
76
*26%
No par
Dec
7
6 J/2
—No par
Dec
17% May 14
x99
y 8%
34 j/4
Foreign Securities
13%
Aug|24
9
101%
33%
Improvement Co
71%
11
*14%
No par
1st preferred
Freight Co
7%
11%
14%
common—1
>$4.50
U S
11%
17%. .17%
34%
United Merch & Mfrs Inc
S
11%
14 J/4
92
Foundry
U
11%
14%
17 J/2
10%
52%
—
,
14%
*12%
T
,
104
800
;
3%
27
51
33%
United Fruit Co
U S
50
13
United Electric Coal Cos
United Engineering &
Gas
49
■*33% v
No par
-
United
48%
91%
—
i
49%
10%
■
27%
20%
53
-
27
20%
12%
Corp
30
20%
-21%
preferred—.100
Carton
*27
104'A
nevr.50
!
91
28
104
4,000
<
8%
56%
*89%
3%
3%
28
27
*8%
; 56%
20%
*10%
common
8%
56
91
104 >/4
♦17
No par
United-Carr Fastener Corp
„No Par
United Cig-Whelan Stores com—30c
$3.50 convertible preferred
100
.United. Corp common
*
9
Jun
&
29
26%
,
*8%
56
20%
8%
United Carbon Co———
May 27
Jan
106
May
171
5
20%
Dec
12% May
85
Jan
3% May 15
47% May 20
821/2 Apr
28»/a Jun
20'% Feb 27
13% Mar 16
Feb
55
Board
27
—No par
Car
23
3%
.—25
com
23%
4%
x52%
5% convertible preferred—
United Air Lines Inc common
2
90% Mar 22
13
37J/2 Jan
59% July
24% Jan
12'% May
Tank
: United Aircraft
3
21
16% Feb
43J/2
Dec
Union
Co
22%
22 >/4
*89%
60
RR
2,300
8%
56%
1
hew
Preferred
19'A Apr
23
26
61 % Mar 17
33
Jan
30% May 19
1103/4 Jun
Pacific
35% July 12
36 - July
7
5 J/b JulyTS
Feb
Oct
May
2
Union
8%
89%
8
of California—.
United
19%
44%
41% Jun
1
Oil
2
11% May
.20
8
Union
8%
104%
101
par
6
151/4 Jan
40
Jan
.
24
.41/2% cumulative
United Biscuit Co
46
'
Feb
65%
7
Jan
/%
& Carbon new.No
par
Un El Co of Mo pfd $4.50 ser__No
par
Preferred $3.70 series
No par
Preferred $3.50 series——No
6
3
Jan
53 J/4 Mar
Jun
,
90
38% July
96% July
"51% July
20
8%
*16%
*
—No pat
—
22%
29
2,200
7%
20%
Union Carbide
8
theree
8
41%
9
4
V
*40%
56 J/a
No par
^
—--3
Union Bag & Paper
Aug
29
.
Jan
4J/b
Dec
98
Jun
26%
Twin City Rap Transit com—No
par
5% conv prior preferred
50
Twin Coach Co
1
Udyllte Corp (The)
Corp
8%
103 %
.
■—No par
5
Corp
27% Feb 20
Dec
i
1
common
—
10 J/2 Aug 26
.
8%. Feb
Dec
2%
2
24 J/4
28%
50
Sep
Apr
Sep
120%
.
.
41
July 19
,x48'
25%
,
Corp
Union Asbestos & Rubber Co___
110
ialea tee
the Week
,
40%
89%
27
11%
TJiiderwood
,21% Feb 11
.
—
Truax-Traer
39% May 26
43
July 9
i
.
9 per • here
40%
56%
V'3%
25%
-2
..
41%
*8%
•
*89 J/2
3%
20th Century Fox Film com—No
par
$1.50 conv preferred
No par
$4.50 prior preferred——No par
2
Friday
Sept. 3
$ per share
91
x56%
49%
15
Aug 11
Thursday
Sept. 2
per share
*8%
No par
15
103% Aug 18.
91 / Feb
9
Jun
*
.27
Bearing
Corp
16% Jun
11
"
No par
6
—
59 'A Jun
39
106%
Dec
Apr
—
Axle
$6 .preferred—
5
Jan
>CLOSED
—100
Mar 16
27% Feb
Mar
104
85
20
12
com—No par
9% Mar 16
»
;
Dec
91%
45
$
21%
Co
& Western Air Inc
6
Transue & Williams Steel
No par
5
14% Jao
f per share
EXCHANGE
Transcont'l
8% May 27
32%.Jan 21
Aug 23
Detroit
Roller
Tri-Continental
100% Jun 11
17
9% Apr 30
Feb
15%
—;
105
Jan
Jun
'9'
15% July
25'/a May
16
27
24
58J/a
.
Feb
5% Mar 4
Feb
17%
92
Feb
51%
.
9% May
43% May.
9'/s May
Jan
104
Dec
12 % Mar 16
I per share
rKICEt
Wednesday
Sept. 1
STOCK
16
preferred
Transamerica
25% Mar 31
48
Nov
BALI
8
com__No par
preferred-s
No par
cum
$3.75
23% Apr 11
-10% May 15
107% July 22
19 % Aug
5
21% Dec
34% Aug
30
R)
Products
Timken
22% Mar 11
Nov
7%
15%
93
(J
Timken
7
22%
HIGH
*40%
Tide Water Associated Oil com—lo
May. 21
12% Dec
•
$3.50
104% July 12
23% May 27
20 %
-
Thompson
Thompson
108% Feb
21% Feb
AND
Tuesday
Aug. 31
A
4%
preferred
Thompson-Gtarrett
4% Jan
I par share
div conv preferred
80
Avenue Transit Corp—No par
Thomas Steel Cp (The)
—1
9
10% Jan
Monday
Aug. SO
Aug. 38
;$2%
59% May 26
13
LOW
J
Third
95% Jun 16
19% Feb
15%
9
13% Apr
24
Jun
RECORD
■
Co
11
Oct
53%
-47% Jan
Thermoid
Feb
6
1% Mar 11
19% Mar 16
Mar
39%
Dec
99
Apr 30
8% May 10
7% Feb
15% May
40% May
10% May
13% May
14
May :
3% May
19
19
Oct
106
Dec
3% May
20
May
18
May
94
7% Feb
STOCK
Par
10% May 15
FINANCIAL CHRONICLE
:•
STOCK
EXCHANGE
$ per share
-?
40% May 11
YORK
STOCKS
NEW YORK
.
y; Highest
Mar 16
16% Feb
59 Va
Jan
May
85
Feb
8
14% Feb
2.4%
.
I per share
Feb
80%
Deo /*"
6% Aug
16% Jan
Range alnce Jan. 1
...
Lowest
Highest..
'
Lowest. V'
Mife
...
Year 1947
-
_
&
s
•i&XXttWr-HmiWBHm
COMMERCIAL
THE
NEW lYORlC^STOCK
Monday, September16, • 1948
CHRONICLE
& FINANCIAL
RECORD
'
Iw 1947
Highest
Lowest;
$ per than;
9 per than
SO
Sep
Dec
41
Deo
12%
• per share
$ per than
26% Feb
SO
,
17
21% Sep
Mar 16
27% Aug 23
•%
83% May
21% May
Peo
34% Jan
90
Dec
104% Mar
*113y*, Apr
103% Mar
105% Feb
104% July
16% Apr
38% Feb
100% Feb
117y8Mar
112% Nov
103% Deo
106% Deo
121% Jan
112% Jan
116y* Aug
108
—
__
32% May
Oct
47
113
Deo
105
B% May
Jan
65
Deo
90
17
May
4
May
8% May
86%
27% May
82% May
88
6%
34%
7%
22%
Feb V
28V*
v
Deo
Nov
18%
32%
25y*
83%
91%
29% Feb
Jan
55
114
119%
110
113
107
22%
16
15'
29
11
16
20
Jun
,
4
Jun 22
July 30
Jun
9
Jun 18
July 14
Western Air Lines Inc—
Western Auto Supply Co
Western Maryland Ry com
4% non-cum 2nd pfd
Western Pacific RR com
10% May 18
46y*May20
ley* July 9
38% July 12
36% May 21
72% Jan 15.
26
May 19
39% Jun 14
33 y* Jun
9
95% Apr 23
101% Jun 11
40% Jun
9
13
Bpershara
>
.-1
S
19%
19Hi
18%
Sept. 1
-
f per sfcsre
18V*
<
-
'
:
» -
the Week
I per
sharp
Shares
20%:
21%i
1,000
17%
18 %
3.3C0
*5%
t per shore
than
■ •9 per
Sales M
Friday
Sept. 3
Thursday
Sept. 9
5%
1,100
29%
5,100
'
Wayne Pump Co
Webster Tobacco Ino
Wesson Oil & Snowdrift Co Inc_2.50
$4 conv preferred
No par
West Indies Sugar Corp
1
West Penn Eleo Oo (The)—Nopn*
Class A
No par
7% preferred
100
6% preferred
100
West Penn Power 4% * pfd
100
4.20% preferred series B
100
West Va Coal & Coke.
S
West Va Pulp & Paper com—No pa*
4% % preferred
100
51% Jun 15
110% Jun 14
14
25
Jan
2
Feb 14
Mar 17
Mar 12
Feb 11
Mai 5
Feb 11
Feb 13
Feb 11
Feb 11
Feb 11
64
26% Sep
! 38 y* Oct
31' Deo
105
Aug
106% July
94% Dec
SO
Jan
Jan
Dec i
Deo
Mar
Deo
10%
75%
9%
32%
42%
38% May
86% Jan
2
26% May 21
19% July 1
17% Aug 27
4% Aug 12
.Wednesday
gwwtoy
Auf, 61
■/At^ 10
>
Par
•
Wayne Knitting Mills—
30% Jan
2
6% May 24
34% Aug
5
80% Feb 13
19% Mar 3
13% Feb 13
Feb
Jan
*
,
,
,
2
Kitdar
/
.
ritiCtt
LOW AND HlCUi BALK
-
;/■////;/■://■■ STOCKS
BaBintaMlM.1
:
NEW YORK STOCK
Leweet
Highest
EXCHANGE
Rang*ferfrwrim
19%
83
22%
,
'83
23%
*83
22%
17%
(
17%'
17%
'
5%'
28% '
;;
29%
29
19%
18;
-:5%
*5%
.
>s
18
'
5%
28%;
84%
23
*110
111%
116»/*
116%
*116%
18:
*110%
117
*109
110
*108%
109
*105%
106 %
*105%
19%
19%
19%
45%
45%
83
83
23%
24
18%
5%
,
18
110%
111%
*116%
29
50
8'4
*83
23%
23 3, it
3,100
17%
17%
7,500
110%
111
111
117
116%
117
108%
109
109
109
109
107 %
108%
*105%
106%
106%
106%
106 Va
106%
■■/.*" 19%
19%
46
46
*104'
109%
19%
46%
46%
20 Va
/•46%/47%
106
*104
106
*104
106
*
20
20
46%
*46;
106
■
29%
5%
109
110
*104
;
28%
103%
108% 108%
105% 105%
13
*103
19%
*109
17%
117
110
*116%
i
106%
/
21%
23%
18%
23%
21
28%,
.
*83
-
17%
111%
*110
20%
17%
5%
84
20%
"
17"%
6%
; 28%
1
10
100
100
No par
Preferred series A
100
Western Union Telef class A_No par
Westlnghouse Air Brake
No par
Westlnghouse Electric com
12%
3%% cum pfd series A
100
3.80% cum pfd series B
100
Weston Elec Instrument
12JO
,
.
Westvaco Chlorine Prod—
86
May
82% Doe
'102%
62% Mar
31
May •
90
•
;
.
Doe
86% May
19% May
9% May
84
July
88% May
6% May
98% Jun 14
Jan
5
Mar 16
Mar 18
115
July 21
56%, July 13
92
Jan
5
27% Jan 7
24% May 26
22% July 8
126
July 30
;30 vJun ?3
19% Jun 21
Feb
29% Feb
17% Feb
90
Feb
34s
Fob
23
18%
;9%
*53 ;
^37%
12% Dm
9
13%
\
'
Sep
6% M»r 17
Feb
17
Oct
Oct
99
Jan
If
20
Nov
64%
Jun
15% Deo
51
Feb
Aug
Feb
Aug
Feb
20
24
27
2
20
Feb 11
Mar
;
^
9
;
NOpar
•
10
18
Jun 10
*138
Jan 13
^
8
126
28
5
37% July 12
83
Feb
43% Feb 11
49% Jun 14
Feb
6V preferred
53%
87%
*24%
25%
18%
19
20%
20%
55%
55%
*28%
29
13%.
14%
9%
,10%
;56%
*56
.
14%
*83%
14%
86
15%
15%
15%
f 16%
133
*126
100
Woodward Iron Oo (new)
Woolworth (F W) Co
113
52%
87%
Willys-Overland Motors 0—l,,—1
84.50 conv pfd series A
-Neper
Wilson St Co lncccm
Neper
Mar 19
Feb
Jan
19
Deo
15
*105%
64.25 preferred
Neper
Wilson-Jones Co
If
Wisconsin El Fwr Oe oommon—.18
35
May
No par
:•—
.Wheeling A L lrle Ryeom—100
Wheeling Steel Corp com
No par
65 conv prior pref
No par
White Dental Mfg (The 8 fl)
80
White Motor Co
1
White Sewing Machine com
1
\r, $4 conv preference—
No par
•;
^Prior inference. „l 'l ,-l.W;,i;;v;;,y8tWilcox OH Co—.—
J§
May27
65% May 15
17% May 17
88% Jan 21
12% Feb 11
81% Mar 25
15
Mar 30
Common
83.75 preferred
12
19
Nov
145% May
Oct
81% Deo
43
57% Jun 16
5
37
83
•
<
10% May
88% Dee
138
7
Jan
80
July
76
Dee
53% Oct
101% Mar
34
6% May
•1%
34% Feh
85
A43% Doo
>
—10
10
*35%
36%
46%
46%
Ne par:
Xl9%
19%
X69
69
X78 %
78 V*
*85
90
Worthlngton P & M (Del) —
\
^
78
I
Doe
•3
Deo
93
18% Aug
.•
*.v
Dee
80
68
Nov
70% Mar
8
May
3.25%
81%
/ 84
5
96%
68% Sep
2
*78% Aug 30
94% Apr
100
Feb;
18% Feb
Feb
58
Jau
Mar
July 28
69
July 15
11% Jun 21
60% Mar 19
9
May 15 /;
Feb 4
May 17
9
34% Jan
27% Feb 21
2
16 % May 24
10% Feb 27
38% Mar 13
May 25
48
<
15% Feb 21
65% Feb 27
July 9
87% JulyT.2
14% Mar 16
xl9% May 27
19% Feb
•Bid
asked
and
prices;
11
4% Aug
23
9
no
sales
on
July 12
35
6% May 19
this day.
Common
■
.
Prior pfd 4%% series
..." ISO
Prior pfd 4%% oonv series—108
Wright Aeronautical
No par
Wrlgley (Wm) Jr (Del)——Neper
Wyandotte Worsted Oo
•
.
Tale Ac Towne Mfg Oo
York Coro common
4%% cum preferred
Young Spring & Wire
Youngstown Sheef<fc Tube
Youngstown Steel Door
Products
tin receivership.
flEx
Transactions at the New York Stock
66 V*
*9%
9%
28%
28
88
1
88
12%
13
*43'/a
.44
20%
No par
No par
X20%
No per
Xl6%-> 16%
81 %
#83
No par
Zenith Radio Corp
Zonite
66%
Corp.
$40
liquidating
dividend
paid
May
10.
Deferred
a
delivery,
r Cash
sale,
s Special
Sales.
wdWhen distributed,
Transactions at the New York Curb
Exchange
x Ex-dlvldend.
Exchange
Daily, Weekly and Yearly
Daily,| Weekly and Yearly
'
"
-
Stockt
(Number
of
,
•
Stocks,
Number
Week Ended Sept. 3,1948
Shares
Int'l
Railroad
of and Mlscel.
Government
Bond
Bonds
Bonds
Bonds
Total
Bank
foreign
United Statu
Bonds
Sales
Week Ended
Sept. 3,1949
Bonds (Par Value)
Foreign
Share)
Saturday closing
Saturday
—
Saturday
Saturday closing
Monday
375,500
Monday
Tuesday
$280,000
Tuesday
—
255,500
Wednesday
Thursday
152,150
186,890
101,000
213.815
130,000
163,170
143,000
$561,000
$139,000
$102,000
85,000
Total
—
$40,000
27,000
8.000
40,000
24,000
188,770
-
Wednesday
Thursday-,*
Friday
$1,000
Foreign
Corporata
„
Government
Domestic
'$7,000
$149,000
3,000
115,000
1,000
171,000
1,000
168,000
$12,000
$712,000
109,000
284,000
-
Total
233,000
Friday
904,795
Week Ended
Total
1948
Stocks—No. of shares.
'
Bonds
Domestic
Week Ended Sept. 3
1948
1947
3,775,920
—
Foreign governmentForeign corporate
2,891,730
$13,962,900
Stocks—No. of shares.
904,790;/
$13,250,000
Bonds
U. 0. Government—
International Bank.
Foreign
Railroad At Industrial.
Note—The
figures shown below are the
,$735,312,480
$685,673,200
official Volume of transactions for last week,
Stocks
;
;
Bonds
/
Below are the
listed
/
/
on
>
*
-
daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co;
'"J'v.i1 —
""-V- Stocks
"■'■''.I'■.// ;V'i. "i><;i.(V,i'm.... . v.,' /,j Bonds
V ': '•,7|'I L
'■'"I"I
:
Monday,
Aug.
Tuesday,
.
Aug.
634,080
23_
24
^
——-
.
/Thursday,
Friday; Aug.
617,320
522,750
Wednesday, Aug. 25
;
2,626,000
;
2,095,000
! SB44,38G/; t2;248,000
f' 539,540 >,: 2;033,000
'
10
$2,523,000
20
30
j1 ,t
«rIndus*
<Date—
/ trials
f
Rail-
roads
V
18
Total
UtlU*.
ties /?
.
65
First
10
:
Indus-
Stocks / trials
Grade
Rails
"
10
r
.I...
\
j
1
'
Total
Secohd
10
Grade
Utill-
,40
ties
ippnds
/ 'Ralls
Aug,;-:28.;t/4>>^?!,:.///r;!CM;'CiQsed>H'1"1'^
Aug.
30-
—
182.00
62.34
34.75
,68.40
100.55
;
102.71"
89.88
101.^8
Aug.
regret that we were unable to publish them in last
Monday's issue.
181.71
61.53
34.85
68.41
100.54
102.66
89.89
101.54
•'
11—
183.60
62.67
35.11
69.23
100.59
102.99
89.95
101.50
{
Sept*
We
31
Sept.
Total
2—-
.62.00
35.38
€9.55
100.61
103.24
90.28
101.59
'98.93
Sept.
3—
69.51
.100.71
103.43
00.05
101.54
98.93
'-.
184.39,'
184.35
62.77 '
35.39
^
98.66
■
V
■
''X
y ,■
;
■:{1
' > ■■ ■
": Y
...
'Y
■
.
Bond Record
.
:Yy
'■"'
,
..•
v.'■.'
'
•'
'
.y'y ' rY;Y{Y.;(;v:
'"v.
.
\:Vc
—
CHRONICLE
(963)
'
WEEKLY
-
YEARLY
-
"and
interest"—except for Income and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions of
week, and when outside of the regular weekly range are shown In a footnote in the week in which they occur. No account Is taken of such sales in computing the range lor the year.
The italio letters in the colump headed "Interest Period" Indicate In each ease the month when the bonds mature.
the
are
Figures after decimal point repreeent ane or more 82d of a point.
LOW AND. HIGH SALE PRICES
GOVERNMENT BONDS ^YA/YwY
Range for Previous
Ranee since Jan. 1
Year 1947
Lowest
Highest
104.25
Sep
108.4
)
Lowest
Dec
106.6
Feb
-1955-1960
BTOOR
Dec
1951-1954
-1956-1959
EXCHANGE
May
Treasury 2%s
Treasury 2%s
105.28 Mar 10
105.28 Mar 10
Feb
107.20 Mar 10
108.22 May 17
106.13 July
108.16 Dec
106.13
July
108.16
114.2
May
104.24 July
104.14 Sep
104.24 July
104.23 Feb
101.11 Jan
7
101.11 Jan
7
101.19 Jun
14
101.19 Jun
14
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
101.27
Dec
104.18
Apr
100.24 Mar 13
100.25 Jan
7
101.26
Dec
104.4
Jan
100.23 Jan 28
100.26
■::
102.22 Feb
Feb
102,22 Feb
2
2
in
•
Apr
2
102.24 May
100
100.4
100
104.10
Dec
104.15
101
105.17
100.7
-
—-
101.7
May~19
Dec
100.8
Mar 12
Jun
102.26 May 25
Dec*
100.8
Jan
'
.
„n
101.12 Jun
l
,
6
'
■
r-rjiw 1
—
11.
•
ti
II
' TT
•
—
Dec
Sep
100
105.18
Dec
Sep.
Mar
4
Mar
2
May
—-'
Apr
102.12
101.12
Dec
102.6
I
Apr
May
102.23
Apr
Dec
102.25
102.30
Apr
103.1
Apr
Apr
101.22
Dec
103.2
Jan
101.28 July
103.4
July
102.4
; 101.20
•
—
100.26
July
loY.8
Oct
95
Dec
Dec
103.4
*Bid
*
123
101.3
Aug 19
101.19 July 13
"I
100.11 July
T~"T
-
100.16 Apr 14
98.30 May 17
15
99.30 May 17
Interest.
LastY
Sale Price
Period
sec
f
■
*101.8
101.10
*101.8
101.10
*101
101.2
*101
101.2
*100.24
100.26
*100.24
100.26
*100.24 100.26
*100.24
100.26
100.26
101.2
101.2
*101
100.26.
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24: 100.26
*100
.
.
101;10
Y 101.2
100.26
Y
♦100.16
100.18
*100.8
100.10.
*100.8
100.10
♦100.8
100.10
*100.8 Y 100.10
*100.8
100.10
*101.5
101.7
*101.6
101.8
*101.7 Y 101.9
*101.9
101.11
*101.9
1967-1972
*100.8
110.10
100.8
100.8
♦100.8
*100.8
100.10
*100.8
1951-1953
*103.4
103.8
*103.5
103.9
*103.5 .1 103.9
♦103.6
103.10
*103.6
.1952-1955
*101.25
101.27.
♦101.27
101.29
*101.27
101.29
•101.28
101.30
♦101.27
101.29
.1954-1956
*103.30
104.2
*103.30
104.2
*103.30
104.2
*104
104.4
*104
104.4
101.18
*101.17
101.19
*101.19
101.21
*101.23
101.{25
*101.22
101.24
♦100
*100
1967-1972
1967-1972
,
*101.16
,
*100
100.2
100.2
*100
100.2
*100
100.2
*100
100.2
♦100
100.2
100.12
*100.10
100.12
*100.9
100.11
100.22
*100.20
100.22
♦100.20
100.22
*100.20
100.22
*100.25
100.27
♦100.25
100.27
*100.25
101.1
•100.31
101.1
*100.30
101.1
*101.2
101.4
*101.2
101.4
•lOl'.l;
101.3
101.6
.
*100.20
100.22
*100.25
100.27
*100.26
100.28
.Dec
1949-1951
*100.31
101.1
*100,31
101.1
1950-1952
*101.4
101.6
*101.5
101,7
101.7
-1951-1955"
*101.5
101.7
*101.5
1952-1954
*101.2
.101.4
•101.3
101.5
*101.3
101.5
*101.4
101.6
*102.30
103.2
*103-
*100.10
100.12
*100.11
Dec
1952-1954
-1953-1955
"
1950^
^
101.7
♦101.5
101.7
♦101.4
101.7
♦101.5
101.7
*101.5
101.7
101.6
101.7
*101.5
..
100.27 i-
*101.5
*101.5
101.6
*101.4
100.31
*101.2
*101.2 ,101.4
-1951-1953
Jun
.£•
*100.10
,
1949-1951
CG <D a
103.10
100.12
•100
.
1949-1951
;
101.11
100.10
100.2
100.2
100.2
—Sep
Mar 1950-1952
100.10
;
*100.10
100.2
♦100.20
'
,
100.12,
,
.100.10
101.8
*101.7
101.9
*101.7
101.9
♦101.4
101.6
*101.3
101.5
*101.4
101.6
'
*101.3.
♦ 101.4
101.5
101.6
♦101.5
101.7
*103 *100.10
103.4
♦103
103.4
100.12
*100.10
100.12
,103.4
100.13
;
103.4
'103
*100.10 100.12:
,
Dec.
*96.16
97
1972
on
♦97.12
97.16
15 at 100.
a
Odd lot transaction,
96.8
r
*97.12
*96.12
96.16
*96.12
96.16
*96.10
*97.12
97.16
♦97.12
97.16
*97.10
Bid A Asked
~—t Low
No.
High
Registered bond transaction.
■
YYYYYY V
-
Week's Range
Last
Interest
BONDS
...
Y New York Stock Exchange
or
..
Period
Bonds i:: Range Since
Friday'a--
Bid ft Asked
Bala Pries
Sold
January !
,
Yf'T
High
102
102%
172
100%
7s
Y:
J-D
56
56
l
55%
55%
2
J-D
55
55
3
No.
15
16
——
19
20
J-D
21
J-D
3%s Series
120
NY
Broadway, New York
No.
30
s
F-A
*61%
1948
A-O
*61%
2d
60(4
—
f 5s—195T
60
—
65
1968
M-B
74(4
74%
65%
02%
1945
J-J
32 Yt
32%
31(4
40%
1945
J-J
*321/4
401/4
3iy4
40
J -J
*32(4
401/4
31
J-J
*32 y4
48
31%
*32>/4
37
31%
38%
39
40
85
94
*92%
J-D
93%
'89(4
J-D
<
93%
20
16
85 y8
92
•;
QO
13
83(4
92
{
33
99%
J- J
1071/8 107(4
6
106%
109
J-D
111
1
107%
ii4y4
6>/2S of 1926—
;
'
.
50%
62
37%
*
44:%
A-O
A-0
J-D,
1978
43%
44%.
A-0
1952
*58
-
~r
J-D
19.79
3.375%)
(Central Ry)—;
7
18%
25%
~3
~3
18%
25%
26
6s__—.1961
A-O
——
*26%
A-O
—
*25%
27%
*26 %
—
—
—
-1962 "
Jf-N
-i960
M-3
I960
M-S
1951
J-D
25%
18
!
——
*r--
—
25%
2
27%
19%
28
W
27%
27%
18
— —
27
18%
1
\
J-D
*58
--
,44%
4
-
72
V
50
r- ;
/
44%
17
62
>
37%
a7s assented
A Chinese
,62%
49% *"
50 y«
62%
37%
—
(Hukuang
Ry)
44%
,
—mi
.
43%
44%
*58
7
14
,.s
V■■■■■
49% -i
r''.
54
27%
.18
27%
1
/
17%
27
25
5%
.
49
■■
i-
.
:• -Si*
?' /Y
:
24%
...
-r
24%
.5%
'
5%
..
.
:
.
yY; Y^'-'-v Y
AY I**-
■
;,.;
--if# ■■■ *' Y* :Y-
For Financial inetitatione
61%
38
:■
5s
——
Stamped pursuant to Plan A
(Int reduced to 3.5%)_
43%
i.|* funding bonds of 1931 due—1951
;
Stamped pursuant to Plan A
'
y
t.
,3%s Series No.
1
;i„j
3%s Scries No, 2
;
y5;;:,l3%s Series>No* '3*—
:'3%s Scries No. 4
_•
3%s
•
A-0
!
2
\'f-
i V
42;
43
57%
55%
57% '
*55%
J-D
58
3„
■
•
,
FOREIGN SECURITIES
.
7
•
i
•.
87%
49
FIRM TRADING MARKETS
61
48%
61
---46%
';?•
61
_
'
55%
55%
J-D
56
55 %
56
J-D
——
54%
54%
55
55
3
52
63
56
3
62
64%
5-
3%s Series
No.
6
J-D
—
CftBL MARKS & no. INC.
62%
55 / \
J-D
No.
3%s
Series
No.
7—
Series
No.
8
-V'
J-D
3%s
J-D
'
Series
No.
9
J-D
">T;
Series
No.
10
J-D
;'.t
>%s
Series
No.
11
J-D
3%s
Series
No.
3%a Series
No.
J-D
J-D
*'
.'V-
3%s
•
w
55
I;"i Y *54%
.
"s
_•
'Y'I'-
61
1
48
60%
"--'Y'
'
57
59%
*54%
—mm
:
mm-
vY
65
60
48
—
65
49%
—
53
54
*54%
—
--
51
V
56
-
39
*54%
*54%
:—
y;i:■■
32
:
♦54%
— ■
3%s
•
43%.
—T
J-D
Series
For footnotes see page 31,
43%
ip. *:;
'r*
(Int reduced to 3.375%)—1979
i Xxternal $ bonds of 1944 (Plan B)—'
>
27%
20%
19
26%
25%
*25
—
28
_9<
mi,—
AOs' assented —»Mf...1961
28
27%
20
26%
Jlf-N
27%
18%
...
*25%
1962
28
"2
25%
25%
27%
21%
—
*26%
——
28
19%
25%
27 y8
*26%
J-D
27%
22%
25%
*25%
25%
28
18%
*26%
J
27%
20%
25
mm
28
28
18%
20%
*26%
—
28
18%
■
2
25%
50
28
27%.
19%
2
——
V
19%
1
26%
25%
J-D
Stamped pursuant to Plan A
to
25%
J-D
AGuaranteed sink fund 6s
105
?7%
,
■
'4
1979
T
19
J-D
A6s assented————
49%
103%
•
25
102
105
2
1957
——
AChllean Cons Munic 7s—
1957
f ey2s of 1927
62
A-0
_1957 y
Stamped pursuant to Plan A
(lnt reduced to 3.375%)
J-D
1957
—
—
102
.;
103%
26%
—1961
A6%s assented
AGuaranteed sink fund
1955
>.
6%s—
Af-N
99
31
—
101%
94
10,,
20
103% 103%
103% 104
ABlnkingfund6a/4S—^——1961
104%
1955
|ABrastt..(U S.of) external 8s„>_i941
Stamped pursuant to Plan A
,,(Int reduced to 3.5%)
1978
M- N
100 %
59
94%
2
*26%
— —
—
60
52%
99%
99%
25
A-0
A-0
60
68
48
2
*26 %
J-J
M-S
56
26%
—
25%
J-J
M-S
—-1962
AChlle Mortgage Bank
AOVts assented
911/4
111
—Jan 1961
60
55
54
4
25
— mm
——
-—Jan 1961
V
56
48
5
55%
26%
—
F-A
—
90%
1001/4 100%:
100%
A-O
50
•
*50
103%
J- J
M-N
60%
61
60%
—
100
«...
AOs assented
91%
M-S
j.j
M-N
58
60
.54%
— —
*102% 103 %
—
A-0
fund 6s——Sep 1961
A60 assented
Sep 1961
AXxternal sinking fund 6s_
-1962
91
91 Vt
F-A
99%
F- A
AOs assented
90%
-
93 y2
56
—
'
60
47%
--
*54%
P-AJ-D
51%
51%
-
4
*54%
—
A-O
ABxti sinking
931
F-A
M-B
55%
56 ;
—
60
'
^
J-D
AKxternal sinking fund 6s__
1963
AOs assented
—1963
87%
101%
i c--*
1960
ABy external s f 6s
J-D
J -J
^
fund 6s_——Feb 1961
AOs assented
Feb 1961
AOs assented
AExtl sinking
40%
A-0
1945
^1957
—
56 r>
J-D
60%
60
52
1
60
—
53%
44
55%
*54%
60 '
•47%
— mm
55
*54%
J-D
Sinking fund gold 5s
—
1958
Wnkipg fund gold 6s
.———1950
(Dominion of) 4s
1960
26-year 3Vis—
1961
ACarlabad (City) 8s
—1954
lAChlle (Rep) External s f 7s
1942
|A7s assented
—1942
AKxternal sinking fund 6s——1960
64
55
55%
— mm
Srr J-D
—
Canada
1947
*54%
J-D
29-—
No.
Brisbane (City)
1-1693
— mm
—
J-D
28
3%s Series
Teletype
No.
52
/51% .v.sa-v.-
1
60
/
J-D
80%
'
60
*54%
mm —
J-D
High
'
53%
55
*54%
■—
J-D
7
— —
55
mm —
J-D
No.
3%S Series
Members New York Stock Exchange
*54%
J-D
—
No.
—
Wertheim &. Co.
56
J-D
•—
22
—:
23
3%s Series No. 24
3%s Series No. 253%s Series No. 26—————
3%s Series No. 27—
-*•••'i-V!
Low
\51%
No.
High v
J-D
No.
Series
Loto
14-
No.
3%s Series
107
10-year 314s
^---«.£.«-«.1957
y ; 20-year 3%s
1967
20-year 314 s
1966
10-year 3%s
1962
Belgium external 6yaS—.i.«».„«.»«..1949
.
'
97.16
Friday
r
Bonds > Range Staea
Sold "
January 1 •
94
.
-
96.16
97.16
96.8
1957
871/4
-
,
■
34
•
103.8
*10t8
101.10
*100.24
103
Ats
103.8
*103.8
102.28
100.26
97
s
*103.6
' 103.9
100.18
53
reduced
103.9
*103.7
•100.24
101% 102%
AXxternal
*103.7
♦100.16
99
(,
*102.25
102.24
*103.3 V. 103.5
♦101:8
.
100.18
40%
liitv.
102.28
10221
*102.22
101.10
*100
1
♦102.25
*102.24
103.2
*100
l
102
102.27
102.24
1959-1962
1
*101.29
♦102.22 102,24
*103.1 i: 103.3
102.27
—Jun
2s
2s
*100,2
100.26
40%
;
*102:24
108.4
100.2
♦101.29 102
*100.16
73
f
*101.27 101.30
*100.24
31%
s
101.30
100.18
31%
AXxternal
100,5
.*101.27
♦100.24 100.26
2
'
100.5 Y
♦108
V 108.4
♦100.16
5
U
*108
100.26
921/4
6s
108.3
*100.3 * 1O0.5
100.18
32%
7s
•107.31
♦100.24
921/4
f
108.2
♦100.3
*100.16
32%
f
*107.30
*100.24
,
*32(4
s
107.30
108.2
.1966-1971
A-O
s
♦107.26
•100.24
J-D
Xxternal
107.28
107.30
*101
A-O
Xxternal
*107.24
*107.26
*101.8
series__1957
—
107.28
107.28
•102.24
f 7s 3rd series__1957
s
♦107.24
♦107.24
•103
(City) external 5s
1958
Australia (Commonw'lth) 5s of '25-1955
v
10-year 314s
1956
s
107.26
107.28
3%s Series No.
7s 1st series
sec
♦107.22
*107.24
3%s Series No.
f 7s series C_.,___1945
AKxternal
*107.22 107.26
107.28
3%« Series No.
f 7s series D___
AXxternal
.
107.26
3%s Series
s
AAntwerp
104.7
3%s
s
f
*104.4
3%s Series No. -l-7__.
3%s Series No. 18
lAExternal
s
104.7
!%• iSeries
102 Ys
I AXxternal
AXxternal
♦104.4
Series
6s
'
104.6
•102.22
r ;
-
7s series B
f
s
*104.3
City
(King of Norway) 4s
fAAntloqula (Dept) coll 7s A
I AKxternal
104.6
-
6s
fund
*104.3
-*100.3
Foreign Govt, ft Municipal
sink
104.6
,?.10t27 .101V3Q
Agricultural Mtge Bank (Colombia)—
AGtd
105.10
107.19
1959-1962
Week's Range'
vor.Friday's
Low
REctor 2-2300
Akershus
♦105.7
*107.15
1948-1950,
fCalled for redemption
Friday
Telephone
;
105.10
107.18
.1965-1970
10-year 2%s
25-year 3s__.
sales transacted this day.
No
Corporate Stock
lAGtd sink fund
*105-7
*107.14
♦107.30
Foreign Securities
■
105.9
107.16
Reconstruction & Development
15
94.14 Jan
Transit Unification Issue—
3%
-
♦105.6
*107.12
—Dec
Treasury 2s
Treasury 2s
Treasury 2s
Treasury l%s
101.19 July 13
94.10 Jan
BONDS
.
101.18 July 13'
105.9
107.16
—-Dec
Treasury^ 2s—.—iTreasury 2s.^.....
Treasury 28^,..—.
-.
*105.6
*107.12
*107.24
1964-1969
—Jun
International Bank for
July
July
York
^,V"'in
2y4s—...
202.26
105.8
107.16
•107.22
GLOBED
-1956-1959
Treasury 2s....MM
Treasury 2«„r-r—-
^*
May 18,
fmmm
New York Stock Exchange
New
101.26
•
asked price.
and
101.13 Mar 22
__
101.14 Apr 16
\
Apr
102
95
1
Treasury
Treasury
TW
■
—-
101.10 Apr
;
...
2%s—l_
2%s
2%s
—_Jun
2%s
—Sep
2%s
Dec
2%s~...
2 y4s-....
2%s
2%S—
Treasury 2%s
Treasury 2'As
tTreasury 2s
11
-i
.
^
1102.12
3
Feb
100.2
•
Dec
*102.23'
102.26
the Week
Bends(6)
High
*104.3
—Jun 1964-1969
102.24 May
Dec
102.6
2%s
2%s
2%s
2%s
101.19 Augl9
101.24
—-—1950-1952
1952-1954
1956-1958
—1962-1957
1963-1968
2 %s-
Low
High
*102.23
V Sales for
Friday
Sept. 3
Sept. !5
102.25
*102.22
*102.22 102.25
102.25
Thursday
Low
High
*105.5
—1949-1953
2%g
Treasury
rreasury
Treasury
100.27 May 21
Treasury
102.26 May 25
Treasury
100.23 Jun 10 1' Treasury
Treasury
Treasury
Terasury
102.13 July 13
Treasury
-
101.24
101.7
2%s
Wednesday
Sept, 1
<
Low
High
*107.12
1958-1963 Yy
1960-1965
1948
Treasury
iOi&
'
104.12 Feb
Low-
High
*102.22
1949-1952
1951-1955
Treasury 27/nS
Treasury 2%s
Treasury 2%s
Feb
112.6
114.8
Low
High
rreasury 3%s
Treasury 3s
108.21
111.23 Sep
<
Lew
Aug. 31
Aug. SO
Aug. 38
EXCHANGE
Highest
Tuesday
Monday
Saturday
NEW YORK STOCK
58%
58%
99
FOREIGN SECURITIES SPECIALISTS
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
f-.r-t
-
Teletype NY 1-971
7%
Y
27
New York Stock Exchange
«»
FRIDAY
NOTICE—Prices
-;''.. V,.,1;
THE COMMERCIAL & FINANCIAL
Number 4731
Volume 168
J
28
(964)
THE
COMMERCIAL
NEW
YORK
range
■'
BONDS
'■
Stock Exchange
;. v-.:>•••■
Ea«t
Period
Sale Priee
(Republic
Of
of)
ags of
..Oct 1961
1927
Jan 1961
A-0
A-O
IASlnking fund 7s of 1926
lAfiinklng fund 7s of 1927
Copenhagen (City) 5s
1946
M -N
1947
F-A
1952
J-D
...
gold
4%s
1953
•
Rica
(Rep of)
7s
(Republic of) 5s of 1914
External loan 4%s
4%s external debt—;
Chechoslovakia <ReP
I
of)
6%)
extended
a
x
7s[I_
of)
66
;;
*
..
AWarsaw
68%
US
U-N
-—1968
ext
extl
U-N
95
82
American
*.
.
J-J
—1947
—1977
J-J
—1952
J-J
—1951
6 Vasl
—1954
16?#
_
IA4V4« assented
L;«' Ass'td to Nov 5, 1942,
.
y<§A Mexico
(US) extl
1943•
....
5s
of
agree' lflfia
1899 £
1943
,IA Assenting 5s .of 1899—.
a
A
s
Ass'td to Nov- 5,
a
Assenting
Z1945
1942,
agree_l963
4s of 19041.
.^Ass'td to NOv. 5,
lAAssenting
1954
1942;
4s of 1910
agree. 1968
1943
niS'sa.sg
27%
mJ-m
2'
6%
10%
5V'«
8%
78f
Stamped
;-:.i
Amer Tobacco Co
102
3s
23%
':e
s
W
'
:
195B
pursuant
to
PlanX"
70-
A P W
22
22
12
.v~\(Int reduced to 2.125ft)-.
19'%
3Vifl'
i
a
I
extl
9%
M-JT
5
*6
J-J
1st
9%
——
Q-J
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"5
6
*13
—Z.
—
f
s
6
J-J
'
6
J-J
5
6
Ext
sec
J-J
•
J-J
.
—
5?#
—
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(Int
APeru
(State
pursuant
reduced
to
(Rep of)
of)
5?a
—
to
40
8
10
18
30%
">
'
25%
*
■
19%
82
1963
F-A
79
78
79
A-O
5sIZZZ~Zl970
J-D
79
A-O
*70
25
26%
*75%
35,
,
Stabilization
A4Vis assented
APorto Alegre (City
f
s
7s
gold
.1947
ZZZZ" 1968
8sZZZZl950
89 Vi
98%
94%
67%
8s_._ZZZZZl96l
*83
j
3
26
•
24
reduced to 2.375%)
26
39
21%
31
14%
17
16%
68
143/#
17%
A-O
15%
15?a
16%
20
14%
17%
"i%
"9%
17
17
A-O
A-O
Bio Grande' do' Sul (State
of)—
|A8r extl loan of 1921
Stamped pursuant
(Int reduced to
A6s
external
sink
*16
*7%
9%
J-J
10%
10%
J-J
*8%
8?4
—
to
23%
32%
F-A
21%
21%
4
It
21%
A-0
♦33%
Plan A
(Int reduced to 2ft)__,
Paulo (State) 8s
26?#
26 ?a
22%
22
22%
*23%
,
24?a
23
25?V
25%
♦
(Int
reduced
to
2.25%)
Ref
-1968
Stamped pursuant to Plan
(Int reduced.to 3.5%)
Sarbs Croats dc Slovenes
secured
series
A Silesia
A4%s
B
J—...due Dec 1 1995
series
4s
(Frov
of)
extl
7S—
assented
.
.
ref
dc
M
4s ser
Con
ref
43
67%
78%
45 Va
563/4
M-N
79%.
83%
22
79%
91%
75%
78
15
70 Vi.
81
79
79
14
76 %
86
95V4
95 %
52
95 Vic
95%
20
J-J
Indus
A-0
33%
35%
27
.
Cons
Boston
94%
94%
94%
97 ?a
97%
97%
21
2%s
.1976
M-N
*97'/a
97%
88 3/8
88 Va
&
J
ser
-1987
M-N
-1961
A-O
—1958
J-D
1958
J-D
>6% -:7%,
J-J
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*8:
12
--
<
10
102
103
102
102
*102
1
92
89
1
86%
96%
4
95%
63%
63
63%
23
Stamped
I
3%
modified
(interest
J-J
1947)
.1957
Jf-N
4s_
,1952
1
^.—1955
Bldgs
Terminal
98 ?4
'
p~
A-0
5s
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—
.
98%
5s
due
gtd
J-J
63%
100 %
20
88%
105% 106
7
105
5
100 3,8
110
10
111%
114%
107%
109?#
93%
105%
A-0
1960
59
2
94
101% 102
94
.
1st 3s_.
.,.31....
Guaranteed
1
102
96
107
Guaranteed" gold
Guaranteed
5a
27
s
34
-
1951
Pac, Ry
Adironack Ry—
lst mtge gtd- 4s———
debs.
3V<s debs.
Corp
(1947
debs
mtge
4s
ser
CentraL
83%
89
JACentral of N J gen
70
7
13%
5
9%
90%
i.1981
113%
13
110%
112?#
17
106 Va
107%
61
82?#
110?8 111V#
1063/a
106 Va' 106%
•
MS-
-
1960
;_1960'.
1948
1
94 ?8 / 95
?
95
108
l-
—
J-D
*67%'
A-O
97%
108?4
30'
107
58%
67?#
17
100 Va
103 Vi
74%-
10134 102 V4
102%.
F-A
*100%
F-A'
*99%
100%-
99:
__
100% 100%
—
79 "
79
66%
67 V#
70
70
51
52%
45
107?s 107?8
J-D
J-J
-
mtge 4%s ser A—_—Jan 1 2020
May
Gen
mtge 4%s ser B
Jan 1 2020
May
52%
A-0
1073/a
illinohr* Light' 3 %
ji.i-«1966"
8
1
75
^
4s_
—
York
J-J
69 ?»
69%
Q-J
693/8
69
70 Ve
J-J
59 Va
60
Power
80% '
A-O
Central Pacific lst ref gtd gold 4S-1949'
70%
'
f-a
1013?
;
48%
60 Va
107
107?4
81 ' :
37%'
97
35%
16
32%
32%
101 ?a 102
■
1
W;
97%
23
/
71%
78%
182
100% 100%
*
•
66
*41
Q-J
1974
3s
—
64 %
7
1987
1987
1987
registered.^
New
24
_—1987
gold 5s
registered.
A General
A4s
108
-v'V 'f l'-\'
11995
A„
35y.
85
110%'
111 Va
Gen
>'
100%
9
F-A.
J-J
—1965
issue)—
41
3Vi
107%
111% 111%
_
Georgia. Ry—r
01
32
3s/a-<-
102%
dc
34
8
0
103%
?•%
-
26
4%
1073/a 107%
*1073/4 108 3/4
*
__
U-S-
^—^.1956
gold 4%5—
107 3/#;
J-D
108
U2Vi<U2V4
F-A.
1955
Guaranteed- gold 4%s
Guaranteed
/
1970
4%s,
108
—
A-O.
Oct 1969
gold 5s.,.
Guaranteed
gold
J-J
1957
99
99%
102%
A-O
A—-1962
t
98?#
J-D
M-N
1974
5s
4J/as
gold
i
»
1976
"Oregorn Power 3%s
101 ?a
79
70
56?4j
103
-s
103 3/i'
lst dc ref series A
(4%%
lst
to Aug
1
1949)
mtge 3%s ser B
—1974
:.
1968
Champion Paper & Fibre deb 3s—1965 1
loo
f-a
F-A
J-J.
■
••
9.
100
v
104% 104 Vi'*99
;
30
*
99?#
.
For footnotes see page 31.
99
93 Va
100
at
1
1st
to May
Terminal
Central
15
27
102% 102%
—
89
67
8%
19
—
F-A
96
j
.'7%
60%
89
25%
3
86%
50
96%
'^Central
7%
72%
47
M-S.
;ACent Branch U P lst gold 4s
7%-
10
56%
Jf-N
38
--
__
80%
56%
-1975"
40
72%
101'/8
102 va
Buffalo Niagara El lst mtge 2%;
Buffalo Rochester dc Pgh Ry—
Celotex
90
88
101
907s
Bklyn Union Gas 4s debentures. -1969?
Gen
-1976*mtge 2%s
Celanese0: Corp 3s
*84
1
%
19 Vi
A-O
-1968
46
*71%
99 ?a
100
"96%
—
F-A
-1954
39
A-O
102
*833,4
58 ?4
M-N
1970
36%
A-0
*
e- —
J-J
-I960
/
20
—
—
M-S
.1955
5
28%
97%
94%
96
Maine RR—
—
36
96%
123
2
J-J
30 ?4
7
96%
100%
119
6
Jf-N
2%s debs— -1961
30%
32%
121% 1213.8
-1970
Loan
—
-
121%
Corp—
2%s ser I
•Carthage
16
88%
88%
100%
__
Steel
lst mtge 5s series AC—
1st mtge 5s series II-,
28
,
.
—
__
mtge
Cons
I
__
mtge
Bethlehem
f
A-O
-I960
Beneficial
J-J
-1951:
f
95%
J-J
-1951
27
31
78
J-J
1985
D
40
—
70
202
22
30%
57
75%
54%
.1951
31
-
42
52?8
4s
25
18
.
66%
Bangor & Aroostook RR—
A5s
.1957
70%
66
65
.—1980
Canada- Southern cons gtd
Canadian- National Ry.—
(Kingdom)—
Sydney County Council 3Vis
70%
'57%
67
65%
65%
73?a
40
*26%
Jf-N
58%
5
66%
65%
53%
I-
♦32
Jf-K
52
66%
Jf-B
74%
2
J-J
1962
98
J-D
40
•
A-0
1962
94
86
May
A
California Elec Power
20
32
extl
sec
82
56
Feb 1 2010
Calif
25
...
J-J
external
58
95
contingent interest)—
34
23
A
.1978
89
92%
fixed
S'western div 1st mtge 5% ser A
(3 % % fxd &' 1 % %• cont int)—1980
Toledo Cincinnati division
lst
Stamped pursuant to Plan A
(Int reduced to 2%)
—2012"
I ASetured a f 7s
-1940
A 7s
Series
,*
3%s
-2004
86 ?a
94 7'«
Pgh. Lake Erie At West Va
?
US
A6k extl dollar loan
:•■/
3%%
(2%%
A4%s conv income
*
J-J
89
52%
36%V ". '
100 V*
31
3
—
27%
40
-1956
A 8s
mtge 0#
24
24
J-J
-1999s
97%
Jf-B
4% deb stk perpetual——
Carolina'Clinchfield dc.Ohio 4si___1965
U-W
(Int reduced to 2.5%)
:
de gen
j
27%
-1936
J-J
~6
J-D
.
due Mar 1 1996
i
Can
J-J
99%
fixed
—due Dec 1 1995
26%
1
38
-7
.1950
69
27%'
22%
Jf-B
.1999
99
15%
fixed
—due Mar 1 2000
Series M—and
i
G—
Series K-_
30
—
23
25%
-2012
loan—
{2%
22
21
Stamped pursuant to Plan A
.
-
,
|
J-D
(Int reduced to 2.5%)
32%
contingent, interest)—
«7
—
J-D
If-JT
'30
J-J;
37%
24?#
5
35
U-N
Stamped pursuant to Plan A
water
(4%
mtge 5%
gen
Bush
34%
8
J-D
A8"» external
Stamped pursuant to Plan A
A7»- extl
B
ser
.
1%'contingent int)__July 1975
and" 3Vd
>7%
-2001
45%
J-J
A.^—July 1975
ser
5%
mtge
and
27%-
26%
Stamped pursuant to Plan A
f
mtge 4s
lst
35
1
-1957
45
B
lst
27
33
—
5
ust
45
Baltimore dc Ohio RR—
Bush
(Int reduced to 2.375%)
A 6 Via extl secured a
f
;
23
—
23 %
A-O
2
103% 103%
A-O
1960
27
23
J-D
115
A-O
,
-1950
-1999
123%
106 3/8
100%
33
23
—
30
—
A-O
2.5%)
115%
6
112?a 113
J-J
_1948
9%
■
23%
fund
59
120 3/i 121%
M-N
105%
13
33
—
30
*23
A-0
—1946
100
25
9%
7
29
gold- -1968
to Plan A
(Int reduced to 2%)
-2012'
A7a external loan of 1926
" —1968"
Stamoed pursuant to Plan A
(Int reduced to 2.25% )._
-200V
7s 1967 stmp pursuant to Plan
A
(Int reduced to 2.25 %)__
-2004
A Rome
(City of) 6 Vis
-1952ASao Paulo (City) 8s_
..1952
Stamped pursuant to Plan~A
IA San
5%
2
——'.
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96
27
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A-0
pian*A~~
—
104
27
16%
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1953'
to
121%
82
95
A-0
77
98%
32
2001
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sec
31
—
153/4
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..1995
—July 1 1995
106
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*
J-D
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A-
;
;
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i960
82
101
95
80%
— —
*31
2008
102 ?«'
100 %
102%
29
93?
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_
J-D
(City of) 8s___,_1940
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101
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.
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44
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stmp pursuant to Plan A
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j
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r-
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jf-a
,
1962
102
33
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<
-_
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A4Vis assented
a
If-IT
us
99%
116%
J-D*
26
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3
84%
2008
91%
106 ?4
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-
26
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—
93%
.1959
59
213
'
>
—'
80%
7s_
97%-
95
113
94 Vi
112
M-N
32
%
—
83%
s f 68 lst fier_ZZZl960
« a^.
exa 8 f 6s 2d ser
1961
IA Poland
(Rep of) gold 6s
1940
109
90%-
1964
.—-—1948
31
93
2.125%)
external
933%
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101 ?4
12
.
-July 1952
14
26%
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aS*! 1,oan exa
1
94%
92%
———1963
--Vv.
a 8%
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Plan
12
167
*
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1947
89?#.
92 ?8
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ref 3Vis series B
22
98'%
1969
4sr.
lst lien
fAPernambuco
97 %'
92 Va
mortgage 3%sv
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p
903/4*
1
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—
26
1935
iqco
38
18"
•
7
1950
(Republic)—
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Stamp mod 3%s ext to
93%
J-D
7%
-
10 y<
*6
1957
ZZZZZZ 1953
92%
July 1995
Atlantic de Danville Ry lst 4
Second mortgage 4s
9V«
13%
—
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11 %
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extl
sink fund 4 Vi a
93
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"
all%
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external
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f-A
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'
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-
31
4
2008
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99
75
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gold 4s;
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19
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.
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| External sink fund 4%3—IZ~
;
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81
_2
26
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us
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AsJ ^noiC6d, }?,. 2 l* 5 %)—2008
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f 6Vis
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corit debentures.
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pursuant to Plan A "
^aec
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2%s
97
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debentures:
conv
2%s
a
&
_7
100
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~
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__
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i
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28
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29
92?8
1961
12
7
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1986
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5
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m
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•
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;
104
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50
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t
"
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1966
debs.
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1980
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1975
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90
*103
A-0
1956
debentures™
32
92
70
24%
——
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A-0
4s__1998
debentures—
17%
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83 ?4
80
20
75
*25%
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2%s
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16%
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60
16 Vi
-
1952
—
53
Z-
86%
73%
74
86%
*6
44
—
17%
Jf-8
*9
38
7
17?a
84
F-A
1
♦102%
J-J
—1977
Bk)""~
1—1957
.
Airlines
American
68%
20
*49
2
83%
F-A
52
Mexican Irrigation—
♦
Electric Co 7a
Alleghany <fc Western lst gtd
Allls-Chalmers Mfg 2tr debs.
Z
-■
_
(Colombia)
-
85%
1958
2
m
A-O
.—I960
* 5s__
s
F-A
.—I960
6%sIZZZI
;
85
1958
7s
44%
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.
121
73
SO
*25%
43 Va
*10"
—
118
RAILROAD AND INDUSTRIAL COMPANIES
2%s
.—1964'
external
(City)
A Adriatic
90
54%
z'
J-J
—1949
85%
*7o %
68%
43 Va
--
J-J
Alabama; Great Southern' 3%r—1967
Alabama Power 1st mtge 3 Vis
1972
Albany de SUsquehanna RR 4Vis—1975
70
68
*51
117
121
__
A-0
1952
A4Vis assented
«
110
59
3
75
—1984
7s—
Amer dtf Foreign; Fow deb 5si
J-J
.—1967
part paid—
Medellln
37i
73%
63%
Provinces
110%
35
72-
J-J
C"dit Institute 1% to 3%
AExternal 7s
Italy (Kingdom of) 7s ~
A Jugoslavia (State
Mtge
,
85
73
fi
'
111%
60
50
extl readjustment
readjustment
extl
High
124
118
53
66
*
101%
110?#
10'-
3%s
102II
100
'
90
82 Vi
J-J
A
-
102%
F-A
Utility—
■f:
18
'
Public Works .Jtflk-tb
395
IA7s series B™_
Italian Public
r
79
13%
A-O
(Republic) extl s f l-3s~ .—1977
Italian Credit Consortium for
;
83%
AVenetian
L010
124
83:,/4
•
F-A
i
AGs part paid-
...,
1978
of)—
French Republic extl
7s__
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4-4%-4%s
195s
*
Heislng/ors (City)
82
*40 Vi
-
High
J-D
88
84
Jf-N
1978
iQftq
,Greek Government—
A7»
1979
♦75
85
Jf-N
17
*75
—
110
Range Sine*
January 1
No.
110
conversion
108 %
J- J
readjustment—
External
Sold
—
3%-4%-4-fos extl conv
►102%
A-0
Jf-N
Af-N
1979
1937)
65
65
A-0
1, 1976
jan 1,1976
:.;AEstonia (Republic
External
6s
of
Beads
Friday's
110
1960
1964
6s
fund
bond
44
J-J
1,1976
ob
42%
fund
($
68
*15%
.
(Republic
sink
3%-4-4Vis
F-A
44
*99% 100%
1942
6s
External gold 4 Vis——
Salvador
sink
AExternal
75
45
8a_.—1946
extl
(Republic)
JAUrnguay
41
112% 112%
i960
lADenmark 20-year extl
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11
AExternal
•r
Bid A Asked
Low
37%
31
Kale Priee
High
73%
Last
Period
41
68
Week's Rangt
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Exchange
Slock
42%
42
A-O
York
41%
P-A
1953
'
BONDS
New
70
39 Vi
J-D
a!i95i
ser
3
Low
*40
Jf-S
RECORD
september
69%
1949
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1952
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to
NO.
75
1977
Sinking fund 5%s-:
A
High
39 Va
M-N
1949
ended
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January ]
Sold-
*40
AT-N
1951
ACosta
Cuba
BOND
Monday, September 6, 1948
Friday
Bonds
*67
A-Q
1947
week
CHRONICLE
FINANCIAL
Range
Friday's
*67
J. j
1970
23-year
for
—
1928—
3s external s f $ bonds
IA Colombia Mtge Bank 6%s
;
or
Bid A Asked
Low
Colombia
A6S
Interest
York
New
WeOk's
&
—.
96% 102
101% 104%'
96
100?#
;
olume
THE
COMMERCIAL
NEW
New
York
ChftifcpAake Ac
General
Stock
Exchange
Period
4'/aS_^—
Ac
A
Div
1st
consol
cons'
gold 4s
Ac
ref
1st
&
Ac
AGen
Eastern
111
inc conv
1st mtge 3%s ser
B-
Chicago
Chicago
Erie
Ac
Gt
West
AGen inc
Chicago
A
1st
1st
5s
1st 4s
Ind
1st
Ac
Louisville
North
mtge
mtge
1st cons
110%
1st
Gen
j
1st cons
17,
.
5
3s
108
98%
98%
9
;
St L &
New
96%
'8
91
2003
101%
74
58%
57
~
105
87%
105
Gen mtge 3'/as
Gen mtge 2%s
87%
Gen
Union
1969
:
103
102%
101
101%
104
104%
105
105%
106%
i
99%
102 Va
i
105%
!
106%
i
103
102
•
1993
1977
1970
102 'A 105
"100
,"101%
4V2«—1961
—1972
—1973
—1977
1980
3VbS debs
1971
—,
Co—
104%
101'
101%
101%
95
1013/4
107% 107%
104
1081/4
100 %
1st
1st gold 3s
106%
101% 102 %
Collateral
96 Va
104%
49%
58%
101%
50
100%
102%
ref
mtge 2%s
mtge 2%s
ser
A__
ref
ser
B
49 %> 50%
100 Va 100%
102% 102%
98%
mtge 2%s\ser
C
ref
3s
series
101
104'/a
D
102%
Steel
lACuba
Northern
ADeposit
*
ACuba RR
1st
1963
mtge 3Vas__—1966
Ry 1st 5V2S
1942
receipts
!
40-year
100%
107
—
96 Va
94
97%
101
107%
97%
101
107 % 107%
101 % 101%
1952
1st mtge 2%s
1975"
mortgage 3s
:
,-1978
Union' Ry 3%s. ser,
B——1965*
2%s
debsi
Delaware Ac Hudson 4s
extended
Delaw&re. Lack
N
Morris Ac
.
;
—1965
1963r
Ac West RR Co—1
Essex "division
4-6S——Maf
Delaware
:
94%
99
96%
El Cent
106
103%
1st
110%
trust
gold
4s
95
100%
101%
99 V4
98
99%
99%
.
ser
A
contingent int)
"90 Va
102
60 Va
62
22%
23 %
1981
93 Va
88
39
94 Va
48
33 Va
33 Va
35 Va
35 Va
"35 Va
36 %
42%
80%
83
55%
37'/a
83
Div
—1952
——1953
i—j,
84
31%
100% 100%
95 Va
96%
—
v
„
84%
*1C2% 104 v
34 %
37
99 %
!
103%
L
103%
103%
100
89
95
105% 106 Va
84
>
85 Va
—
104 Va
98%
104V4
100
97
100
97
Ac-Iowa
101%
—
—
"100V4
—
A
*
series
^^_1963
95%
88%
-1963
"81%
—
—
101%
95
100
101%
102
85%
-1952
69
38
64'A
63%
66 Va
100 Va
v-
/
Gen
Ac
ref
2%s
series
I
—1970
1982
Detroit Ac Mack 1st lien
gold 4s—1995
A Second
gold 4s_
1
1995
;Detrolt Term Ac Tunnel 4%s-—1961
Det Tbl Ac Iron ton RR
2%S
sbr B__1976
.
Dow
Chemical 2.35S-'debs——--1961
t? ADul So Shore.As Atl
gold 5s——1937
Duquesne Light Co 2%s
1977
East Tenn Va Ac Ga
DIy lsfc 5s.
Ed El 111. (NY) 1st cons
gold 5s^
Elgin Joliet Ac East. Ry 3V4S—
El
Paso
5s
I-
Ac. S'western 1st
5s—
stamped
For footnotes
...
see
page-31.
27/be.
i._1978-
1st 3SJ—19501975
mtge.
-1956
.j1995
_1970
.-1965
—1965
101
101 Va
96
96 Va
*75
78
70 Va
70 Va
104 % 104%
*82%
84%
*96
97%
45
48
98%
*111%
98%
•
__
156
*102%
—
105% 106
*105
;
—
llOVa
101
104%
4%s
unguaranteed
fAKreuger Ac
Toll
5s
98%.
68%
58%
75 >/a.
45
*108
-1961
81
—1997
1964
ctfs
Laclede Gas Light 4%s
86
96 Va
98%
j
38
49'/#
1
100%
!
;
97 Va
110
112%
141
156%
102
105%
101%; 106%
100
105%
Lake Sh Ac Mich Sou
48 % s registered
-;
conv
1969
debs—1953
gdld 3%s_—1997
-—1997
——
Lautaro Nitrate- Co Ltd—
A 1st
mtge income reg
-1975
Lehigh Coal Ac Navigation Co—
6 F fttge 3 Va s ser Al———-1970
Lehigh Valley Coal Co—
5s stamped
—
-
5s
:
1954
stamped '
-1964
stamped
i
1974
Lehigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%S exti.1950
'j
5s
99
*97
-
j
106%
99
*97% 100 %
110% 110%
*100
;
96
101% 102 Va
1961
!
70%
98%
100
101% 101%
1961
•
96 t,
"97%
*98
—-11961
Kings County El L Ac P 6s
Koppers Co 1st mtge 3Si.
82%
107%
Term
Plain
—
—
100%
93%
t
88 %
1st 4s„.
Ac .Lt
88%
81%
77
101
,.1950
July 1952
A
96%
90
84%
"100% 101%
1970
—
5s
Central Pow
4VaS
66%
■
"102
.1963
1st .gold 4s
Kentucky Ac Indiana
Stamped
81
81%
107% 108
>
103
"100%
3%"s series; B___——1968•
City Terminal Ry 2%s
T_197i
Kentucky Central gold 4s_
1987
;
:
89%
98>/4
1951
;_1951"
Kansas
————2018
108 Va
104 V*
991/4
,-1951
D
ser
1st mortgage 27/aS___-_
Kansas City Southern
Ry
lst mtge 4s ser A
Denver Ac Salt Lake—,
Income mtge (3% "fixed
77
"98%
1961
Kanawha Ac Mich 1st gtd
gold 48—1990Kansas City Power As
._1993
102%
104%
105% Hi
102'/a-;
102%
"99 % 101
"102V4
^1951
97
"1st
.
981/2
102 Va 102%
102
Jersey
^99V4.:io3%-/vr
Chic St L Ac N O—
James Frankl ,Ac -Clear
I
r
'
mtge 4s
111
102
"99% 103
"104 Va
1951
geld 3%s_1953
-
103%
98
—
3s
;
/{
100
100 % 100V4
105%
1st gold 3s
Term gold 3si
Adjustment 6s
A 1st
37%
,
1993
U
105%
100%
1966
Light 2%s__1978
L1966
V
57%;-68
17%. 29%:.
lbi
1950
series B
;
-1956
A 1st
gold 5s series C
1956
l AInternat Hydro-Elec deb
6s
1944
Int Rys Cent Amer 1st 5s B
—1972
'36%
33%
96
103 %
103V2
94%
—1955
Div Ac
A 1st 6s series
A
103%
*—
90%
127%
100% 1021/4
Indianapolis Union Ry Co—
Ref Ac
Imp 2%s ser C
.1980
^International' Great Northern RR—
(4%%
1%
contingent int)
Detroit Edison 3%s series G
Gen As ref 3s series H
I
96
-—i—1955
4%s
and
ref
Indiana
101%
96
51
93
119 V*
88
103 Va 104
1952
r.
Illinois Terminal Ry 4s'ser A
2042'
1
RR—
1st mtge ser " A (3%
f^ted'
1%
contingent int)——
mtge
\
I
>
98
sterling——_^-1951
Joint 1st ref 5s series A
1st Ac ref 4%s series C
*_
95 W 100
100%
Power Ac Light 3s„—
1973
1st; mtge Ac'cibll tr
3VaS—-a1977
Denver Ac Rio Grande WCst
-AIncome
11%
102%
94
1978
Registered
„
"
Cbll Tr
6%
100%
95%
1951
1st gold 3%s
Western Lines 1st gold 4s
1
99%
Y Lack Ar Western
div'
,1st As ref1M 5s ser- C-i
.1—1973
AIncome mtge due__
1993
..
•
96
-
--—1951
Gold, 3 %$Springfield Div
107%
99
51
95
124
95%
Dayton Pr Ac Lt
Ac Co
63
94
"93 Va
"123
sL-
Bridge gold 4s
Litchfield Div 1st gold
Louisville Div & Term
104 V.
104%
82%
Dayton
Deert
\
95%
65%'
74 %
"93'/a
"100%
96 Va
38 Va
.
1st 5s gold--—
ADeposit receipts
A7%s ser A deposit
rets—1——*.1946
A6s ser B
deposit rets—
1946
1st
2
I
82
91%
64%
1951
Cairo
104%
104'/a
95
93%
1972
debentures.—
—
104 V2 104 Va
;
Refunding 5s
108 Va
101
*99
1982
Consolidated Natural Gas
2%s—-—1968
Consumers Power 1st mtge
27/bS—1975
Continental Baking 3s debs
_1965
Crucible
_
92%
97%
1976
Purchased lines 3VaS
Collateral trust gold 4s__
St Louis
101 Va 102
1972
Ac
31
98
82%,
1971
Refunding 4sA
'
102
100
—1977
ref
conv
74 %
61
gold 31/2S
Extended
104
1951
&
1st
2%S
99 Va
88
74
8
...
99%
1969
'
1st gold 4s____
1st gold 3%s
Omaha
1st
3s
1st M
—
99%
Jan 2044
Ttlep 2 %s series A
1st mtge 3s series
B
Illinois Central RR—
106 % 106%
1977
1st &
•
Util
mortgage 3s
.
102 % 102%
-1975
B
ser
94 Va
90
4
—
79Va
94VV
-1959
series1 D
incr4s
107%
A___——1961
Consolidated Cigar Corp 3%s—
1965
Consolidated Edison of New York¬
Ac
94%
■';74
Illinois Bell
\
1st mtge 3s- series
L--1
Conn Ry & L 1st Ac ref
4%s
Conn River Pwr s f
3%s
ist
*76%
.
1961
86%
2
I,
106
107
<
-2010
84%
A__—July 2015
3%s
106 %
1955
Commonwealth Edison
ref
101 % 101%
Untop Terminals Co—
-
—
102V4
103V4
100
103%
——1948
debentures
—1973
Columbus Ac H V 1st extl gold
4s_U948
Columbus Ac Sou Ohio El
3V4s
1970
Columbus Ac Tol 1st extl 4s
».
86%
1957
1950
3
ser
HackCnsack Water 1st
mtge 2%a__1975
Hocking Valley Ry 1st
4%s—1999
Household Finahce
Corp 2%s_——1970
Hudson Coal 1st s f 5s.
series A_l—1962
Hudson Co Gas 1st
gold 5Si
—1949
Hudson & Manhattan
1st 5s A____1957
A Ad J
income 5 s
-Feb
1993
Colorado Ac Southern
Ry—
4%s (fctamped modified)
Columbia Gas Ac Elec
»
92
92
-
'
——____1982
1st mtge 5Va8 series
A
1st mtge 5s
series Bi
1st mtge 4%S
series C:
1st At
Gen mtge
Gulf States
1st
Pittsburgh ItR—
Cleveland
i 117%
92
*85
1982
At Ohio RR—
1st At ref 4s series B_
mtge Inc 5s ser
,
lmpt.4%s series.E_„—,
gtd
110
117%
1990
2000
P——
Gen
Wab St Mich Div
1st "4s—1991 *
St Louis Div 1st
coll trust
4s_—1990
Series D 3Vis gtd
Cleve Short Line 1st
123%
^—«_1976
Gulf Mobile
103
1961
B__:
—
116
1974
;
gtd
109%-112
5
ADebbntures-ctfs B_'_——
—1966
Clevfc Cin Chic Ac St
Louis Ry—
3Vis
mtge 2%s
1
119'% 119%
117 V4 117 V4
1975
,
C
ser
109% 109%
1973
O
ser
jj
1952
Greyhound Corp 3s debs
1962
gold- 4s_
-___1969
2%s_1965
Q
Gen mtge 2%s ser R__
AGreen Bay Ac West deb ctfs
A
4s—1952
City Ice Ac Fuel 2%s
debs—
City Investing Co 4s debs
debs,
General 5s series C
General 4VaS series D
Gen mtge 3%s ser NJ
105 y4
86%
.
inc
Goodrich (B PJ Co 1st'
mtge
Great Northern
Ry Co—
General 5%s series B
59 %
-
1963
Terminal—
1st mtge
gtd. 3%s series E
1st mtge 2%s ser
G1
Series
101
:—:—1971
ref 5s series A
A4s conv
74%
1994
series P
Cleveland Elec-Ilium 3s
1st
mortgage, 3s
Cleveland AC
86
97 %
1963
3%s
Berg Co cons 5s
1940
Realty' A; Utilities Corp—
General
101% 102
74%
Cine Gas Ac Elec
1st mtge
2%s__—1975
1st
mortgage 27/8s
Cin
1st rotgs
Gas Ac Elec of
1994
2019
1994
1st & ref 4 Vis
series D
Ref 4r
81%
2000
mtge 2s ser H
-
—r-1951
series
10
23
High
—1964
1956
,1st mtge 2%s ser
G————1963
Chla it West'h
Indiana" conv
5s
Low
Jan 2010
E
mtge 3 Vis sfer G
cons
A 1st &
1951
2%-4V4s
General
General
A
ser
ser
ACertificates of deposit.
Prancisco Sugar coll trust 6s.
A__Jan2019
Income 2%-4%s
Chicago Union Station—
Cincinnati
4Vas
mtge 3%s
99
Memphis Div 1st gold 4s
1951
Chic Terre
Haute & S'eastern
Ry—
1st Ac ref M
1st mtge 3 '/as
January 1
No.
100%
1989
Orleans 5s
Gold 3 Vis—
Range Stnoe
Bold
Firestone Tire Ac Rub 3s deb.
JPlorida East Coast 1st 4%a.
Rock Island Ac Pacific
Ry—
'•
1st mtge 4s series A
—1994
Gen mtge conv
ser
Bonds
Jan 1983
B
4Vis
High
112
93
96%
Western Ry—
4%s—-Jan 11999
ser
Rup
Friday's
i.! 109% 112
Inc
conv
mtge inc
Ohio Div
Ry—
A_
ser
or
1st cons mtge 3VaS ser
F___——1890
117%
109%
!
A_r_1988
Chicago
Chicago
106
115
110% 110%
-
Jan 1 2044
&
101
111
309>/4 110
.
Week's
Lad
Bale PrieS 'Bid & Asked
Co—
104%
mtge 4Vis_——Jan 12038
mtge 4s Inc
PnrM
130%
1982
series
lateral
Exchange
Low
1985
gold 5s
Stock
\
—1997
mtge 4Vis inc ser A____Jan
Chicago Ind Ac Sou 50-year 4s
Chic Mllw St. Paul
& Pac RR— '
1st mtge 4s
ser A
Gen mtge 4%s inc
ser A__Jan
1
4Vis conv inc ser B
2nd
High
York
102% 102'/4
—1977
A2d
Chicago
Low
r
New
100
•
RR—
mtge
No.
Friday
BONDS
}
121;
*109
•
ihtge 3ViS'
:
1985
1st As ref mtge
27/bs-———1-1970
Chicago
Range Slnoe
January J
Sold
*116% 118
___1989
series. B
3
i
100 Va 100%
.
ref
4 Vis
ii
Bonds
RECORD
SEPTEMBER
124% 124%
4s_„————a.——1958
1st
High
BOND
CHRONICLE
BHd Railroad
1989
gold 4s—
Chicago Burlington & Quincy RR—
General
Bid & Asked
YORK
1992
impt mtge 3Vis D
1996
Ref Ac lmpt M 3%s
series E__—-1996
2d
Last
Sale Price
Week's Rang*
or
Friday's
Low
Ref Ac
R
Friday
Ffcy—
Ohio
gold
Interest
FINANCIAL
RANGE FOR WEEK ENDED
t
BONDS
&
175
45
113
175
100% 101%
85%
;
COMMERCIAL
THE
NEW
YORK
RANGE
Last
,
Sals Prlos
Mev York Stock Exchange
.
ar Friday's
Bid A Asked
Low
■
High
™
7s series
1st & ref
1st
&
ref
M
3%s series
1st & ref
M
2%s
78
121%
Prior
108
111%
:
107
18
34
100 3A
106"% 107%
series G
Maine Central RR 4%s
A
ser
mtge
-
—
101 %
*100%
*„
1940
1967
108%
ser
A_
57
1st 6s ref 3%s series X
Jan 1991
f
1962
64%
64
1978
66
65
Jan 1967
73
72%
73
86
85%
47
46%
98%
103%
102%
106%
104
104
101
102%
3%s
86%
1949
ref gold 5s series H
—1980
1st & ref 5s series I
1981
Moh'k & Malone 1st gtd gold 4s
1991
85%
86%
85%
87
Cons
663/4
67%
General
6c Co
1st
debs
3s
8%i debentures
2000
102
100
58%
87
100
f
cons
77%
Airlines—
793/i
102
102%
debs
44%
3s
debentures
.1970
—
National Steel Corp
1st mtge 3s
National Supply 23/4s debs
ANaugatuck RR 1st gold 4s
Newark Consol Gas cons 5s
New England Tel & Tel 5s A
1st gtd 4%s series B_:
3s,debentures
1965
1967
1954
1960
debentures
f
s
sinking
102%
4%s
97%
fund 4%8i
1960
114%
1965
105%
105% 1053/4
110
110%
1981
100%
100 %
1952
99%
3%i_
deb
G6
*17%
4s
84%
97
100%
102% 103%
102
103%
104
104%
97%
97 %
*100% 102
102%
General
«1%
983/.
98
105
96%
99
100V.
101
102 3%
115% 116%
115%
—
100%
1st A
*100% 102
104% 104%
102% 107%
102% 1023/4
100%
of
99%
deposit
„
•«>.
1.1998
*
3%s
registered
ser
N
Y
&
1st gold
92%
'
B
4s
..
98
99%
68
25%
106
1033/.
>V
2000
Mtge 4s
2043
Mtge 4s series B
•.
2043
N V Lack 8c West 4s series A..—1973
4%s series B
1973
IN Y New Haven A Hartford RR—•
SACollateral trust 6s
1940.
1st & ref mtge 4s ser A
2007
AGen mtge conv inc 4%s ser A_2022
993/4
98%
97'/s
*97%
IP/4
*11
101%
100
99%
983/4
101%
10%
12%
8%
11%
100%
13%
11%
102
94 %
97
101%
103
102
100%
*102
*102%
102
97
100% 101%
*95
100%
93%
07Y4
993/4 100
113/4
110
108%
98
933%
99%
98
118
105
106%
—
*105%
*102
110% 113
*113
109
111
103
110%
1075/8 107 3/8
,
Steel 1st mtge 4%s
A West Virginia By—
4%s series4%s series B
1st mtge 4%s series C
114
104%
—
107% 1073/4
103
110%
*107%
89
—
84%
89
|
89
101
102
1013/4
103%
103%
100%
*101
103%
.
1956
79%
90
81%
89%
79%
1956
1960
90
/
Pjtts Youngstown A Ashtabula By— * .•<*/■
1st gen 5s series B
1962
1st gen 5s series C
1974
1st gen 4%s series D
1977 inc deb
1964-
1st mtge 3%i—1966
3%s
1977
1st mortgage 3s
1983 t A Providence Terminal 4s
1956
Public Service Elec A Gas 3%s___1968
:
1st A ref mtge 38^...^.—
1972
1st A ref mtge 5s
2037
-*lst A ref mtge 8a—« .. 2037, -
1951
gold 3%s__
series A
--
1st mortgage
1975
Harlem
-
Potomac Elec Pwr
1986
ser
-
Pittsburgh
Pittsburgh
1st mtge
1st mtge
APittston Co 5%s
E........^.'.1980
Connecting RR 2%s
?
io«* -.v
1957
man
1963
1964
Pgh Cine Chic A St Louis RR—
Gen mtge 5s series A
1970
Gen mtge 5s series w
107a
Gen mtge 3%s series E
1975
Plttsb Coke A Chem 1st mtge 3%sJL964
Pittsburgh Consolidation Coal—
3%s HchAwtnrA»
loan.
1997
1st mtge 3s ser F
N Y Dock
93%
90%
^.1998
3 %s
Ref mtge 3 %s
92%
•./Cons gtd- 4s ^series w
Cons gtd 4s series G
Cons gtd 4s series w
Cons gtd 4%s series I
Cons gtd 4%s series J
■
registered
W....1998 *
Mich Cent coll gold 3%s......^.l998
3%s registered
1998'
Naw York Chicago A St Louis—
N Y
94%
1.
2013
Lake Shore coll gold 3%s
;
99%-
.
„
..
..2013
impt 5s series C
103
983/4
1971
1974
-
1954
N Y Central & Hudson River RR—
General mtge 3%s
1997
•
81
78%
..1955
ACertificates Of deposit
New York Central RR Co—
Ref &
104
84%
1st 5%s series A
14%
19%
105% 106 %
106
'
i
1st 8s ref.,a%8^• n ,*
tIAPhlllpplne Ry 1st • f 4s
1937
ACertuicates :of
dftpnwifc
:
<
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer A L Brie 2%S—1996 Pgh cine Chic A St Loula Ry—
Cons gtd 3%s series E
1940 v
101
80
...J..L.1950
,./ Cons 4s series A..,
Ref & impt 4%s series A
98
80%
94%
*92
ACertificates of deposit
A
100%
89%
69%
*109%
1967
ref 2%s
1st. A, ref 2%S.
99% 102%
New Orleans Term 1st gtd 4s
1953
tNew Orleans Texas & Mexico Ry—
A 1st 5s series B
1954
ACertificates
97%
*114% 115
.
*98%
ACertificates of deposit
A 1st 4%s series D
103%
*78%
1077 ..
1961 •
—
1974
983/4
111%
103%
66
1974
B
-
99% 102
New Orlean. Great Nor 5s A
1983 /
New Orleans & Northeastern RR—
Ref A-Imp 4%s series A
1952
A 1st 5s series C
series
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
1st A ref 2%s
/; 1st A ref 2%8
118%
*100%
5s
General gold 4%s serlea C—,
1980
;
.99%
107%
Phlla Bait A Wash RR Co—
100% 100%
Jersey Power & Light 3s
'
117
04
*104
jseries F
101%
04
87
87
1960
Apr 1990
5%s
1974
Pere Marquette Ry 3%» ser D
1980
102 3/e 103 V*
New
993/4
104%
98% 101
98a/4 101
99% 993/4
1985
mtge 3%Sf
A Income
1961
N J Junction RR gtd 1st 4s
112
114% 114%
series A
1984
Gen
49
106%
97% 100%
1965
mtge 4%s series E
96%
103% 103%
1968
Conv
—..._.._1982
1952
35%
46
1952
Peoria 6s Eastern 4s ext
102%
105%
1948
1
Co—
Peoria A Pekln Union Ry
Nashville Chattanooga 6c St Louis—
1st mtge 3s ser B_
1986National Dairy Products 23/4s debs.1970
—
101
:
Gen
72%
90%
T.-,|p7f
101
Ss.1948
General 5s series B
General 4%s series D
58%
71
72
103
*104%
gold 4%s—.1955
Pennsylvania RR—
100%
58
*—
1955
1955
2%s
—
3s
102
1986
A
Constr M 4%s series B
Mountain States Tel & Tel
1
1958
gtd 3%s
Constr M 5s series
s
101
-
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power A Light Co—
1st mtge 3s
1975
293/4
87
Essex
inc
conv
Pennsylvania
94%
1986 V
& 111 1st
85%
1966
997.
104%
28
«
...
98
100
86%
A
103
94
94%
9474
29%
A 1st &
103%
103
99%
100
101%
debentures
Pennsylvania-Central
473/i
85%
100
104%
99%
100% 100%
;
104
99%
101
94
Paterson 6c Passaic GAB
86%
1975
100%
108%
100%
100
97
Gtd 4s series E trust ctfs
1965
106
91%
86%
(John)
104%
92%
1978
&
99%
97%
1977
Morris
100%
92
2%s debs
debentures... 198T
3%s debentures
1976
66
Morreli
92%
97%
2%s
40-year 4s series B
Monongahela Ry 3%s series B
943/.
100
1980
1985
Tel & Tel
Paducah
A
97%
100
1979
1977
3%s
78%
64%
ser
65%
92
1981
88
78
gold 5%s
97
95%
>
1st 6c ref 23/*n series P
533/4
77%
75%
A Conv
68
87 %
*93%
52
78%
A
96
*100
•
1974
88
53%
77%
:
65%
89%
1st 6c ref 27.8 series Q
57
1996
series A
88%
60%
100% 101%
1971
1st 6c ref 3s series M
1st 6c ref 3s series N
100% 100%
1962
1st & ref 5s series F
1st 6c ref 5s series G
103
61
*106
ref 3s series L
1st 6c
—
Prior lien 5s series A
A
107%
96%
.
64
102% 103%f
103
1970
1st 6s ref 3s series K
Missouri-Kansas-Texas RR—
A 1st & ref 5s
'/
■
1966
1st 6s ref 3s series J
100%
55
100%
Jan 1971
A
A General 4s
,
...
(Minn) 1st mfce 2%s
1st mtge 2%s
(Wise) 1st mtge 2%s
Pacific
ser
Prior lien 4%s series D
ACum adjust 5s series A
^Missouri Pacific RR Co—
88% J
1M
Marie—
1st 4s
v
.197#
D
Coll trust 4%s
88
*86
AGen
M0 Kansas & Texas
Q-JL
J-J^
.2047
registered
99
Northern States Power Co—
*1043/4 105%
1st mtge
4%s inc
mtge 4s inc
■—J
.
*99
63%
*62
64
*
—
—
*102
Minn St Paul & Sault Ste
108
—
101% 101%
1969
UAMidland of N J 1st ext 5s
Minnesota Mining 6c Mfg 23/4s
106
107
103% 104%
Pacific Gas 6c Electrlo Co—
lost
.
_
116
tOgdensburg A Lake Champlaln Ry—
A 1st guaranteed 4s
1948
Xdlson 1st mtge 3*
1974
1st mtge 2%s
1975
Oklahoma Gas 6c Electrlo 2%s
1976
Oregon-Washington RR 3s ser A—1960
......_1969■
3%s
129
109%
».
Ohio
1st gold 3 %s
i——w ■; urea
Ref 6c impt 4%s series C
1979
Michigan Cons Gas 1st mtge 3%s.l969
1st
43
127
'I'V
J-J
May Dept Stores 2%s debs
1972
Mead Corp 1st mtge 3s
..1966
Metropolitan Edison 1st mtge 27.8.1974
Metrop Wat Sew & Drain 5%a
1950
Michigan Central—
1st mtge 2%s
..
'
J-J
.1960
-
lien 3s—
2047
.2047
1st mtge & con 4s ser B
;
.1954
Manati Sugar 4s sink fund—Feb 11957
AManila RR (Southern Lines) 4s
1959
Sag 3 %s
.1997
.2047
2003
2003
1980
1956
P
——
83%
83%
79%
' *115
*106
Ref 6c impt 5s series
*106% 107%
105%
.
104%
102
110%
102%
108%
lien 4s
Q-J
Q-J
Q-F
102%
100%
109%
..
.2047
100%
*__
■
MS
1997
registered
3s
/
Ref A impt 4%s series A
Ref 6c impt 5s series C
10052 10052
101% 1013/4
4s
,
'/,
•
High
109%
' •' 127% 127%
8'3 Vz
A-0
MS
Pacific Railway-
General
101A
100J2 10051
Low
106%
High
*107% 109
~
A-O •
ref 4'/a s series A
Gen &
Northern
107
99%
Bancs Sines
January 1
,
121
*100
F*Mag • ; Week's Imh
Lut
•rMby'i
B«l«Fri<lBM A Aalel
Uri
Falls Power 3%s
1960
Norfolk Southern Ry Co—
AGen mtge 5s conv lno
2014
Norfolk & Western Ry 1st gold 48.1996
Northern Central gen & ref 5s
1974
>47'
67
Macy (R H) A Co 2%s debs—_.1971
Jack Lans &
PwM
Low
RR—
St Louis Div 2d gold 3s
Atl Knox & Cine Dlv 4s.
%
40
36%
1979
Nashville
39%
29%
1966
mtge 3s
6c
litwm
BOMBS
Now York Sleek Bxojkanfs
High
42%
1963
Louisville Gas 6c Elec 3%s
Louisville
Low
1951
(P) Co deb 5s
debentures
3s
No.
30
—1949
1949
1949
stamped
LoriUard
SEPTEMBER 3
Range Blast
January 1
26% ; 38%
1952
A
Long Island unified 4s
Guaranteed ref gold 4s
4s
Bonds
Bold
27
2003
2003
2003
2003
5s stamped modified
.2003
Lehigh Valley Terminal Ry ext 58.1951
Lexington & Eastern Ry 1st 5s
1965
Liggett 6c Myers Tobacco 5s
1951
Little Miami gen 4s series A
1962
4s registered
4%s Stamped modified
4%s registered
Electric
BOND? RECORD
WEEK ENDED
Niagara
Lehigh Valley RR—
4s stamped modified
ALombard
FOR
Monday, September 6, 1948
CHRONICLE
FINANCIAL
Week's Range
Friday
^ONDS
&
*100%
*105%
*—
..
—
109
*99
*90
.
"
100
*106% 107%
101% 101%
*143%
—
216% 216%
-
t A Harlem River & Port Chester—
1st 4s
1954
'
tAN Y Ont A West ref 4s..,..June
AGenerai
4s
1992
L.1955
N Y Power A Light 1st mtge 23/4S__1975
N Y A Putnam 1st cons gtd 4s
1993
N Y State Elec & Gas 23/4s
...1977
Reading Co 1st A ref 3%e ser
N Y Steam
Corp 1st 3%s
1963
IN Y Susquehanna & Western RR—
fist refunding 58...*^.....——.1937
;
5 A 2d gold 4%s
S A General gold
f ATerminal 1st gold 5s
N Y Telephone 23/4s ser D
Ref mtge 3%s ser E_.
Ref mtge 3s series F_
For footnotes see page 31,
Revere Copper A Brass
Rochester Gas
1937
1940
._..._1943
..1982
—1978
1981
*—
95%
19
'
77%
95%
*1033/4 1043/4
'101% 101%
D—1998
1960
A Elec Corp—
mtge 4 %s series D
1977
3%s series H
1967
Gen mtge 3%s series L1967
r
Gen mtge 3 Yes series J——..— ...,1969
t A Rat-Canadian 4s stamped—1949
tIARutland RR 4%s stamped—..1941
v
19
3%s
Gen
Gen mtge
83%
101
93%
102%
THE
Number 4731
Volume 168
COMMERCIAL
NEW
■Vr
&
YORK
FINANCIAL
BOND
RANGE FOB WEEK ENDED
f|
CHRONICLE
31
(967)
RECORD 1
SEPTEMBER <3
:
.
Friday
Interest
bonds
Last
or
Sale Price
Period
Exchange
Stock
York
New
Friday's:
Bonds
Range Sines,
Bid 4 Askeda. Sold
Interest
High
98 V,
98%
13
96
80
..
70
79 Va
Low
*72
mum
A-O
*80
J-J
85
75%
Pacific
or
May
86
61 Va
•
83%
60
61%
292
51%
1
■
80
98%
Range Sine#
U S
Sold f *
■
High
98%
■
imnmmrm 1.
Ho,
Low
■
Htgtt
98%
90
90%
1966
1976
deba
Rubber 2%s
2%s debentures
*96%
97
92%
93
1967
United Biscuit 2%s debs
69%
141
Bonds
RR—
2%s series C_
mtge
♦95
94%
89%
Universal Pictures 3%s debs
85 Va
J-J
.
Friday's
Bid & Asked
debentures.
Ref
81
99%
*100
—
Exchange
Stock
Low
27/es
J-J
York
High
Union
US
Baguenay Power 3s series . Ju..««^.1971
Bt A»wr 6c Adir 1st gold 5s
-1996
2d gold 6s—
1996
Bt L Rocky Mt 6c P 5s stamped
1958
Bt Louis-Ban Francisco Ry Cor-r*
1st mtge 4s series
—1997
A2nd mtge inc 4%s ser A—Jan 2022
Sale Price
"
New
100%
Ho.
Last
Period
,
January I
Low
90
89%
65%
Bt Louis-Southwestern Ry—
M-Jf
1989
1st 4s bond certificates
2d 4s inc bond ctfs
104% 104%-
__
J-J
Nov 1989
A
v
*89
101%
Gen 6c ref gold 5s series A—.—1990
Bt Paul 6c Duiuth 1st 6ons gold 4s_1968
Bt Paul Union Dept 3%s B
1971
A-O
Bcloto V 6c n e 1st gtd 4s
U-N
89%
■
,
—
100% 101%
109
80%
93
89'/a
—
30
103
Cons
1989
*i6I
——
v':
IZ
100
*127
■;
127
1st & ref mtge 3s series
Beaboar^l Air Line RR Co—
3Ves
1st mtge 4s series A
1996
A Gen mtge 4%s series A
Jan 2016
Beagram (Jos E) 6i Sons 2%s
1966
Shell Union Oil 2Mis debs
1971
3-3
101%
J-J
72%
tSASlleslan-Amer Corp coll tr 78—1941
Bkelly Oil 2%s debs
1965
F-A
Socony-Vscuum Oil 2%s
South
Nor Ala
6c
RR
71
95%
94%
95
95
*34
J-J
31
"V
72%
95%
A-O
98%
102%
80
61%
92%
07,
14
92%
96%
28%
2%s
99%
99%
10
93%
93'/a
93 %
36
—
—
~
debentures
Southern Indiana Ry 2%s
97%
1st
J^l
mm,
m.m,
*97%
95%
99 Va
Jtf-N
98
97'A
98%
86
19R1
M-N
94%
94%
95%
23
J-D
J-J
1986
1996
78%'
82%
J-J
Gen
84%
A-O
Devel 6c gen 6%s series A_
1956
A-O
Memphis Dlv 1st gold 5s
1996
—
gold 4s
2%a
debs„ 1985
1983
Oil of
Calif 2%s
(N J)
debs
deb 2%s
1972
102%
57%
100%
5
12
93%
M-W
*95%
96%
96%
Texas
;
6c
1st
&
Orleans
New
ref M
97%
U-H
1965
104'A
67%
68
64 Va
A-O
Jan 2014
May
1950
1951
1960
1951
M-1T
J-J
mm
1971
US
mm
2%s
debentures
2.65s
conv
;
debentures—.
1973
10
97%
1990
Gen & ref M 37/Bs series E
J-D
1985
1st gold 5s
A-O
2000
1st 6c ref M 3%s series C
A-O
J-J
101
91
887/a
121%
-1967
J-J
.102
88%
80%
94%
io
99%
101%
wi'
97
'
;
" 97%
*97
..
>
102
99'/a
100%
103%
93%
100%
94
-
101%
101%
220
101 Va 101%
A-O
-1960
95
112
*101Va
J-J
-1958
28
103
94%
93%
101%
US
2%s series A.
1st 4s
tWisconsln Central Ry—
lAlst general 4s—
A
127 Va
94%
67%
101%
100%
3-D
98%
126
09% 103%
U;
100% 100%
jr-N
100%
125
mm
92%
91
mm
96
97
--
100% 102
94 Va
J-J
-1970
106
96
m
69%
57%
15
100% 102
102
-:
—
97%
97 Va
8
98 Va
98%
14
102 Va 102%
—
10
■
—
98%
103%
111%
112%
64
73
19%
—-
75%
70
91
68%
67'A
68'A
-1949
Certificates of deposit—
101%
—
—
...
43
'
57
39 Va
38
39
|A8u 6c Du dlv & term 1st 4s—1936
1970
109
59
14
'V
*102% 103
3-3
..1992
Gen 6c ref M
101
103%
106'/a
46
.
100% 101 y4
100%
US
—.1949
Wheeling & Lake Erie RR 4s.
116%
23
98
104%
104
2
64%
RR—
3%s series B
Texas & Pacific
A-O
-1985
114%
:
—
14
64 Vs
30-year 5s
Westinghouse El & Mfg 2%s
100%
*115%
J-J
^
107% 100
105% 107%
107%
107
107%
67%
Winston-Salem S B
2019
/
♦106% 107%
__
jr-s
Telegraph Co—
Funding & real estate 4%s
of St Louis—
Ref 6c imp M 4s series C
Ref & Imp 2%8 series D
Texas Corp 3s deb
"
107 Vs 107%
1st mtge 3%s series D
Wilson & Co 1st mortgage 3s
Terminal RR Assn
,
—
US
Maryland 1st mtge 4s
>,
.
100
2361
2361
1952
25-year gold 5s
98%
100 Va
*49 Va
*98
—
J-J
96%
*99% 100%
mm
—
91%
*104% 106
—
F-A
/•A
Wheeling Steel 3%s series C
2%s debentures
98'A
91 Va
3-D
100
97
97
*97%
mm
—
Western Union
1027/a
92 Va
96%
——
Jtf-N
1966
Western Pacific 4%s inc A
105 Va
46 Va
Apr
If-N
1967
mtge 3%s__
Power 3%s series I
Western
104%
97%
*93
J-J
1973
93%
7
101
93
93%
J-J
102%
..
51
101
F-A
—1966
Swift & Co 2%s debs
51
Jtf-N
1966
1971
Sunray Oil Corp 2%s debs
*102% 103%
Apr
103%
12
23
J-D
Registered
109
9
95
81 Va
West Shore 1st 4s guaranteed
113%
2
102% 102%
95
108%
__
80%
80%
—1950
Gen
110
2
80%
Apr
West Penn
98
105
8
112%
101%
94% 100%
Apr
A -O
Westchester Ltg 5s stpd gtd.
120
91%
debentures 3V4S-1976
conv
Warren RR 1st ref gtd
94%
112
7
*105% 107
Jtf-N
Spokane Internat 1st gold 4%s__2013
21
29
112
«...
A-O
debentures
90
108% 109
J-J
1951
Tel
108%
76%
■
97%
109
94%
95%
1970
gold 3%S—2000
Washington Terminal 2%s ser A—1970
95%
102
89%
84%
..
113%
95%
Ward Baking Co—
5%s debs (subordinated)
99
84%
37
82%
96
J-J
Bell
87%
80
113
—
96
A-O
1956
80%
-199#
mtge 4s inc series A—. Jan 1981
Walworth Co
104
100
87%
*93%
J-J
1994
1956
Devel &,gen 6s series A
St Louis Div 1st
92%
—
*84%
J-J
1961
Southern Ry 1st cons gold 5s
Devel 6c gen 4s series A
;
Standard Oil
1
64
—
100 A
104%
:
95
Gen mtge inc 4%s series B—Jan 1991
1st mtge 3%s series B
1971
Walker (Hiram) G 6c W 2%a debs.1960
N
mtge 2%s series E
1st mtge 2%s series F
1st mtge 2%s series G
Southwestern
80%
102'A
80%
95
Wabash. RR Co-
102%
96 Va
J-J
mtg 3%s ser A.1978
1st
Standard
91 Va
MS
Southern Pacific RR Co—
3%s
98 Va
98
101
99%
100
—195#
96
5
1977
101
112%
124
14
93 Va
1994
A
4%s
Ban Fr Term 1st
A
92%
103
107%
*104% 105
-2003
5s
cons
Virginian Ry as series
Co—
(Oregon Lines)
Gold 4%s
Gold
100'A 100%
F-A
101%
—
100
gold 6s. -1949
99%
94%
96'/a
110% 111%
101%
91%
123%
—
1969
Southern Pacific
1st 4%s
J-J
1QRB
1987
w •
96 %
*101 Va
.-1963
105
105%
56 Va
35
J-D
.—1979'
debentures-
3s
—
Va & Southwest 1st gtd 6s
Southern Bell Tel & Tel Co—
2%s debentures
1
-1978
P
debentures
conv
Va Iron Coal & Coke 1st
72 7/a
3
A-O
1976
1963
gtd 5s
101 Va 101%
J-D
105
-1957
f 4s series B
Virginia Electric 6c Power Co—
1st & ref mtge 2%s series B— .1976
102%
127
--
s
105%
.-1958
Vandalia RR cons g 4s series
J-D
#
30
30
101%
100% 101
A
Certificates of deposit
Wisconsin Electric Power 2%s
94%
94 %
1970
Wisconsin Public Servloe 3%s
40
-1971
104
104
—
11
,
105
103
1
06%
93V':,•.
V
,
■
Texas Pacific-Missouri Pacific—
Term RR of New Orleans 3%s__1974
Third Ave Ry 1st ref 4s
1960
A Ad J
Income 5s
J-D
;ioi% 101%
>75%
76%
J-J
A-O
Jan 1960
Tol & Ohio Cent ref 6c
■mi*
J-D
71%
77%
49 %
53%
*100
101
'
,
-v
■
'
■
:
■
T
v"k
;
85
101
64%
97%
•
V.'t
-
vf
■
■
••
Yonkers Elec Lt & Power 2%sl
197#
93%
*92%
J-J
62%
v
...
64
101
101
101%
95
97%
98%
*96
MS
42%
101
101
mm
Jtf-0
101%
-
51 Va
.
lmpt 3%s__1960
Trenton Gas 6c Elec 1st gold 5s—1949
Tri-Continental Corp 2%s debs
1961
99'
*4
a
Deferred
delivery sale
included in
not
d Ex-interest,
e Odd-lot sale
sale not included in the year's range,
r Cash
not
sals
the year's range,
Included In the year's range,
n Under-the-rule
not included in the year's range,
y Ex-coupon.
SNegotiability impaired by maturity.
Union
1st
Electric Co of Mo 3%s
1971
mtge 6c coll trust 2%s
1975
Union Oil of Calif
2%s
3s deb
debentures
"96%
1968
debentures
3s
107'A 107%
101% 101%
102"% 102 Va
1967
1970
—
reorganised under Section 77 of
as being in bankruptcy, receivership, or
securities assumed by such companies.
tCompanies reported
109%
the Bankruptcy Act,
96
7
101
101%
•Friday's bid and asked prices; no sales being transacted during
2
97%
100
or
—
967/a
97%
106%
1
101
103%
101
ABonds selling flat.
96Va
10
current week.
,
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
a
footnote
and
AND
(YEARLY RECORD
deferred delivery sales are
week in which
in the
disregarded In the week's range unless they are the only transactions of the week, and when selling
No account is taken of such sales in computing the range for the year.
they occur.
outside the regular weekly range are shown
In the
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday,
Aug. 28, and ending the current Friday, Sept. 3. It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security
or bond, in which any dealings have occurred during the current
year.
whether stock
■■'('
.
v.
.
\
.
RANGE
'
8ales
Week's
Friday
-'
FOR WEEK
ENDED
SEPTEMBER
•
o
3
Vi.''
Balsa
Week's
Friday
-
■
STOCKS—
New
Ydrk
Curb
Last
.
Exchange
>
Bale Prlea
sf Prices
Par
:
v
*
Acme
\
r
Aluminum
Alloys.
1
Supply Mfg—
1
*
5
Alnsworth
Mfg common
^ Air Associates Inc (N J)
..
Air Investors
32 Va
5%
5%
2'A
2%
11
1
'
300
3Va
31%
,-2Va
1,100
35
l7/a
Jan
-
100
Feb
—10
36
Apr
;:
( ;
7%
50
Alabama Power 4.20% pfd
600
73/a
——
•
—
—
%
'
92
Va
5%
400
7%
38
Apr
s
37/a
Jan
Feb
Jan
—X
*
10
preferred
1%
l7/a
1%
6%
6%
38%
38 Va
American Laundry Mach
American Light & Trac common
-—20
25
25
Allied Products
Altorfer Bros
Aluminum
$3.75
Aluminum
I
107
%
2%
37
Co
of America
Gdods
preferred
Mfg.
Industries
V*^Aluminum Ltd
common
common
For footnotes see page 35.
•
common
100
._*
...
*
34%
•
2%
37
250
,
1% Feb
75
32 Va July
50
36 Va
July
43%
Jan1
50
16
Feb
150
29
Mar
21%
32%
Jun
Jan
18%
IS
18%
3,400
6%
preferred
14%
Jan
4Va May
American
Mfg Co common
25
7
American Maiacaibo Co—
1
5 Va
22%
May
2
22%
Apr
American Meter Co....
*
14
,
.
American Metal Products Co
17% Mar
'
Mar
22
Jan
American
69
' Jun
3%
3Va May
Apr
59%
58%
60%
94
93
94
650
60 - Feb
89% Aug
24
24
24
100
22
150
9
9%
52'/a
9%
53%
2,800
2,700
v
V
15%
Feb
19
?
May
32% Jam
30% July
93 Va Mar
101% May
:
Sep
Jm
-
18
43
2%
;;
113% May
3% May
40
Jan
107% Aug
2,300
Jun
197/a May
40% July
Feb
30%
47/a
200
31
18
100
.
53%
4,900
40
900
mm
7%
5% Mar
1,100
6%
39
30 Va
47/a
18
75 % Aug
30%
3Va
17%
9%
--
43
47/e
•
2% Aug
2% Jan
90
Jan
'
1% July
1%
107% 108
2%
3%
——
5
common.
cumulative
Aluminum
-
(Mich)
common
High
Low
1% Aug
16% Mar
'
~
Ranre Sinoe January l
2
—
—
—
Shares
High
Low
25
American Hard Rubber Co
8% May
Feb
87
75
100
for Wesk
Si Light—
100
common—-10c
$2 convertible preferred—
1
$2.50 convertible preferred
1
4% %
Jun
79
93
1
American General Corp
■
1% Jan
Jun
Bangs
of Pricss
-1
common
Co—
American Fork & Hoe common
3 % May
% Jun
mm
•
1
1
1,200
1%
——
100
(^Alaska Airlines Inc.—
!96
lVe
1%
Air-Way Electric Appliance——.3
I 'iAlles & Fisher common
[' Allied Internat Investing Corp.-
——
Va
10
M Alabama Great Southern
mm
«...
50c
class A
American Gas 6c Electric com
"
Convertible preferred
:
lAlreon Mfg Corp common
68c convertible preferred
Exchange
Class B
6% Aug
Jun
93/a
3
Beverage
Book
American Cities Power
14%
6'A Mar
>
Apr
3% Mar
Sep
2
common
American
American
Mar
7%
6% Aug
11
1,300
73/a
-
4Va Mar
400
Curb
American Bantam Car Co
57/a Mar
Jan
5%
York
Par
3Va May
Aug
40
3%
33
New
High
Mar
2
800
Last
Sale Fries
STOCKS—
LOW
High
12
7Va
•
Range Bines January 1
-
11
..yfi:
((c.,.:
Shares
2%
3'/a
—
33
1
Agnew Surpass Shoe Stores
:
—
—10
Acme Wire Co common
Aero
2
2%
^ Adam Hat Stores Inc.
1'
Low
ACF-Brlll Motors warrants—
for Week
Bangs
.
36
98
-
Feb
Mar
.
•
May
25
,Mar -sir
;
Jan
13
Jan
56
Jun
..
X30
B————————*
American Republics.--——10
American Seal-Kap common
2
Amer Superpower Corp com
10c
$6 series preferred.—:
•
30
...,
Chem
class A
Class
22%
100
43
3
8,100
.
203/a
200
38
18
7
x30
51
3Va
1
57
300
7,800
1,000
3% Aug
% Mar
.42V* Feb.
Jan
Jan
36 Va
29% Aug
18% Mar
2,100
Jan
36
Aug
22%
Jun
Jun
26% Jun
Mar
100
300
•
3%
m
"
Feb
30
'
56
Feb
17% Feb
X31
42%
•
Potash &
5%
27 Va May
;
5% Jun
1% May
62
July
RANGE FOR WEEK ENDED
Friday
STOCKS—
New
York
Cork
W*«k'i
Last
Exchange
Range
Sale Frlee
ef Prleee
Paf
American Thread
5*
preferred
Low
Anchor Post Products--
J
Angerman Co Inc
Anglo-Iranian Oil
—
common
Co
LOW
6 %
6%
200
5
7%
8%
Jan
7%'
300
July
j
5%
Ltd—
Rharea
tow
Amer dep rets ord reg
£1
15 VB
15%
3%
3%
100
1
10 Vb
10%
10%
100
102%
1,100
lio
1
Appalachian Elec Pwr 4Va % pfd
Argus
Inc
11%
11%
18%
19%
Feb
4% Feb
4% Feb
10% May
112
1074
Feb
14
£1
6
Colon
•
%
%
•
.
16'
%
% Feb
300
16%
150
6%
3%
500
10%
300
16%
X15%
16%
350
3%
58
52
4%
Mar
Automatic Steel Products Inc
Automatic Voting Machine
75
5%
5%
4,500
3%
Feb
26%
27%
1,300
24%
Feb
5
1
59%
5%
26%
,
5%
400
4%
Jan
6%
7%
7%
500
6%
Feb
9%
14%
400
1
•
Si Sons common.
-5
preferred—
7%
14
—
3%
3%
1,700
1%
Feb
4%
Jun
,2%
2%
11,000
1%
Feb
4
Jun
9%
300
44%
500
Ayrshire Collieries Corp com.—.—>
22%
22%
4%
,
Apr
26
27
Jun
B
Consolidated
Feb
July
8
July
5%
i e%
7.900
3%
Aug
Feb
7
1,000
29%
Feb
38'/a
4'/a
Feb
800
37.
5
4%
33a
4%
200
%
19,100
28%
25
9 %
May
7% Feb
July.;
Apr
5 % May
tV Jan
23%
25% Mar
:
Jan
15
Feb
Feb
36
Jan
July
7%
6% Aug
7%
62%
7%
200
63 >4
62%
1,500
A May
29% July ;i
.
107% Mar
109
—100
98
100
1
...
11
.
___•
48%
5
Oil-——
10
130
70
Jun
?
•
Jan
114% May
105 V2
Aug
98
■
Feb
Jun
11
100
3%
.
*
6%
600
49
2,000
29%
Feb
49
Aug
103
48%
102%
.
8%
62% Aug
10
109
Si Smelt Ltd
Western
51
Jan
b%
6%
36%
•
Corp——
Consolidated Royalty
24
3%
'
100
Utilities
Gas
10%
7% Mar
1,800
5%
.
„
1
Mining
Jun
2,500
6%
.25
preferred
Liquidating
19
:
preferred series.C.^.—
Consolidated
Apr
7%
warrants—
1956—
Consolidated
July
Feb
to
series
Consol
16% July
Feb
15%
700
4%%
Apr
24%
22%
Vtc ext
14
11
6
5%
Jun
Feb
Feb
9%
X Vi
5%
6
7%
.
Consol G E L P Bait common—■
May
44
Jun
14 % May
11% Mar
.
—I
Community Public Service
Compo Shoe Machinery—
7% May
32
>
-
6
warrants—s
Commonwealth Si Southern
44
—
Stone Co—
Jan
Apr
•',8%
——1
;
Colorado Fuel St Iron
64 % Jun
10% Mar
25
Airlines
Aug
17
Feb
■■
2%
•
Development ordinary
66%
400
5,100
14,300
,
•
Co
1%
Feb
13(4
„
Colt's Manufacturing Co..—.—a—25
Commodore Hotel Inc
1
Jan
1%
2% Mar
3%
m*-.
Aug
Products
Colonial 8and.&
Jun
8%
Aluminum
Colonial
Jun
23
———u.—V
Cockshutt Plow Co common.
Jan
115% Aug
Feb
10%
12%
900.
4,500
Club
8% May
8% May
Feb
Co
Feb
10%
Clayton St Lambert Mfg.i——-i-.—-*-4 :
Clinchfleld Coal; Corp common
20 ;
108% May
6% May
Jan
,
Associated Tel & Tel class A
6 %
10
19%
Atlantic Coast- Fisheries
1
Atlantic Coast Line Co.———50
Avery (B F)
1,300
11%
American dep rets reg
Associated Laundries of America
.
98%
4%
Mfg
Jan
7/a
1%
55%
Claude Neon Inc 'common————-1
Apr
5'/a
31%
1%
52%
13
.iGlark;,Cbntrollpr..Co^~^"--"^u""--'rJ«*.-'
Clarostat
Jan
12%
7% May
7% May
5%
1%
City Auto Stamping.-^.--———5 /
City & Suburban Homes———j—-19
19% Jun
May
8% Feb
5,000
1
✓
Corp warrants..
Plywood Corp..
6%
10%
6%
•
2.50
Equipment Corp—.
Atlas
6%
3
700
10%
13% Aug
1,100
6%
114% 114%
•
4%
6%
~6%
10
Ashland Oil Si Refining Co—
Associated Electric Industries—
Atlas
4%
•
6% preferred
Arkansas Power & Light $7 pfd
Aro
101% 103
1
Arkansas Natural Gas common
Common class A non-voting
325
15%
Jan
200
200
54%
,
Angostura-Wupperman
Apex-Elec Manufacturing Co
High
Loip
6%
6%
6%
Chief Consolidated Mining
1
Cities Service common——--.10
Range Btnoa January 1
High
6%.
Voting trust' ctfs__—'
7% July
Feb
for Week
Chicago & Southern Air Lines....——•
Jan
6,
,
Range
of Prices
P«f
4^p
Jan
9
Aug
Exahange
Curb
.Bales
Last
Bala Prlea
sTOCftft-
New Yark
High
.
6%
900
6%
6%
6 V«
1
"*:r
Range Since January l
High
Week's
Friday
yXsr ;?A
Shares
4% Apr
B
SEPTEMBER 3
fer Week
B
American Writing Paper common
EXCHANGE
CURB
YORK
NEW
550
72 %
Feb
107
Jun
37/a
4%
11 % Aug
Jan
2% Mar
1,400
1%
8 Vb
600
5% July
Steel
Name
changed to
Liquidating Corp
Consol
Continental car-^»a-Var Corp
Continental Fdy & Machine Co..
B
Babcock & Wilcox Co
Baldwin Locomotive—
—*
—
7 V* preferred
Baldwin Rubber Co common
Banco de los Andes—
American shares
Barium Steel Corn
a
common
~5%
~5%
14%
400
5%
14
$1
8%
8%
8% Aug
400
19
—T
Apr
American
Apr
Jan
22% Aug
Jun
14%
3
3%
700
-3%
2,900
8
1
14%
8%
300
2%
Feb
Breeze
;
*
78
25%
24%
25%
150
22% Aug
8% May
30
17%
17%
17%
1,600
13% Mar
19% May
7%
8%
900
7% Aug
11% Mar
23%
23%
25
60
23%
Sep
dep receipts
(ord reg) —£X
Brewing Co
Crosley Motors Inc—£——
Crowley Mllner Si Co—
Crown Cent .Petrol (Md) ——.—;
X
Cork
13%
300
9%
16%
16%
150
14%
«.——-——•
.
—-—•
British American Tobacco—
Amer dep rets
ord
Amer dep rets ord bearer——£I
reg
£1
British Celanese Ltd—
Amer dep rets ord
reg^—*.;.'—*--10»
British Columbia Power
class A
•
Class B
20 VB
Line
9%
1%
12%
23% Aug
Jan
14%
Apr
18
American dep rets
5% pfd
Calamba Sugar Estate
Calif Cotton Mills Co
9%
1%
22%
Aug
13%
Hosiery
Davidson-Brothers
Mills
1% Aug
274
Jan
20
Jan
23%
Sep
2%
100
1% Apr
12% Aug
5% July
2%
Jun
12%
13
900
5%
5%
3,200
10%
10%
500
28
27%
28
27
27%
—
11%
.
275
17% Mar¬
31
11%
500
22%
1,500
%
2%
12%
12%
Mar
'
24%
Mar
13
%
1,500
Jun
17% Jun
1% May
3% Jan
12% Apr
Feb<
2% Mar
100
Jun
July
12% May'
io7/® Mar
1«
50
4,100
2%
12
32
16
2%
5% July
May
Feb
25% May <
22
"n
27% May
100
16
—
22
7
10% July
7 %
3% Feb
3
8%
(A M)
Inc
debenture.,
Detroit
1fI
48%
Steel
100
Co
common
Cherry-Burrell common.—.
Chesebrough Mfg common—j—
Chicago Rivet & Mach
For footnotes
see
page 35/
Apr
3%
Feb
Feb
18% May
25
Aug.
May
17% Aug
18
"
2
-2(4
45%
1,800
125
9
300
3%
48%
100
49
4
12% May
12% May
Feb
50
139%. Jun,
■
1,200
145
1% Feb
35
Mar
8% Jan
3% Aug
48
Apr
Jan
3%
Apr
"5
4%
47/a
July
2% July
1
2.50
'
; y
Apr
16% Mar
m
Apr
Jun «
35
.
20% May
104% Jan
11% May
Jan
8
16%
Jan
37%
Feb "
Jan
Aug
6% Aug
3:,a July
30% Aug
100
32
12%
12%
353a Aug
6'4 Aug
20
57a Mar
3^4 Ju.y
9'4 Aug'
5,300
140
~574
6
12% Aug i
Apr
140
Apr
Feb
3%
3%
2,600
24'%
24%
600
31
Jun
...1
1
Draper
Duke
•
Com
7%
11%
Feb
16% May
"9%
Feb
11% May
100
65
Jan'
40
Jun
83
May
—
Jan
8
Jan
11% July
—
37%
—
3
14
3%
—
Feb
12%
100
'/a
Feb
50
350
Jan
Jun
$2
Jan
1,100
5% Aug
50
Feb
19,000
8%< Feb
675
12% Aug
3'4
~3'4
200
54
8%
July
*
"Jun
10% July
21%
Feb
86%
11%
Sep
Sep
July
21
May
21"% May
14% May
3%
Feb
Feb
57
450
16
16
25
80
50
57
Feb >
70
50
53%
Feb
13
14
300
10 %
July
1274
12%
12%
800
8%
Feb
14% May
14%
12%
14 Vb
28,200
9%
Feb
16%
—
■
88
.
May
81% May
143
6%
6
2%-
2%
93
1
770
6%
1,900
2%
1,200
94
7%
90
-
10c
2
7%
v 1
1%
2
37 %
38
Feb
July
1474 May
2% Mar
374
Jan
11
*98
-
87i
Feb
15
1% Feb-
8,000
Jun
Jan O
7
6'/a Feb
100
.
146
10% Aug
92
Aug
605a Aug
Feb
3%
400
14% -.14%
5
126
1,800
11%
,.
11
11V*
r
-1
143
135
14
Feb
50
-1
■—1
Ltd
'
•
Jun
Feb <'
Jan •\:h
Jun
'
2% July
•
"l%
—1
21
300
9.800
1
1
24
26%
550
25
Jun
L
,3% Jan I
874 May
Apr
Aug
'
22
45 V4
37% Aug
6% Feb -;
250
'7,(4 ; 7%
'1%
1U
—10
5%
Falrchlld
Jun
Apr
8% Jan
ft Instrument——1
Engine St Airplane
Metallurgical
First York
$2 div
Flshman
Amer
Ford
;
54
Apr
70
Jan
15% Aug
18
Amer dep rets bearer.
Fort Pitt Brewing Co—a—
\
i
Jan
'
—
12 Vb
»
54%
55
'
34
2%
•'
;
„
1
-•
—
France—(
.■
30(4 May -;
9%
' July i j.
574'Mfty:V'
51
29
Jan
3'/a
Jan
10% Feb
T5% ''Apr
Jan
58%'jun
i
600
2
Jan
3% May
''
25
33
Aug
38^'^*
"""'30
"
*3
46'
•
18
14% Mar
—
Apr
f
-21%
—
3% Aug
.
,
.
5%
,M^y
v
.
~
*
22'4
Jah
23
May
18%. Jan
800
r-~*'
35
Aug
2
Jan
16%
1
'
V1 Vb
1
1,100
-s
•
i
4'%""
4
-
[
n
.
-•
...
12,700
"7,700
'
34 "
•
w_£l
L.J.
Ford
of
1
—
}
Jan
Motor
.
2,200
-
47/8-
.11%
Canada—t
Class A non-voting
Class B voting
--4%
10c
—1
dep rets ord reg_^—
Motor of
,
.11%
Co—.
25%
Jan
—i0
(Phlla).i..^
Corp common
preferred—.:—:
5c to $1 Stores—
Ford Motor Co Ltd—
:
..-^4%
—'
cum
(MH)
-26%
—1
-
13
-
j
i'N
80
100
preferred—
10% July
18% Aug
x56%
Jan
4% May
'
69
—
.1
——
Eureka Pipe Line common
Jun
11%
7%
1
58
Apr"
2% Mar
May
Jan
50
10
May s5
83% July
83
54
■..
1
—■
Corp
7
Feb
65% Mar
38% May
250
400
Jun
"
convertible
Eureka
8
16%
;
—
6% Jan
Jan
100
Jan
5% May
Mar
76
'
„
Option warrants.——
Electrographic Corp common
...1
Inc__
3%
1,000
84'4
79%
28
Empire District Electric 5* pfd
Empire Millwork Corp
Emsco Derrick & Equipment
Equity Corp common
53
5
84
77%
•
Electromaster
110%
4%
5
84
79%
Jan
600
79 % May
Mar
74% Mar
8
—
—
—•-•
Jan
7%
4%
Jun
600
36
•
.
.
Jun
7%
11%
-
Jun
29
1,300
—
—
Easy Washing Machine class B—
*
Electric Bond St Share common
5
Electric Power Si Light >7 2d pfd A—*
Fire Association
4%
Jan
3%
73%
73
73%
May
12%
Apr
-
100
Apr
4% Aug
215
Jun
10 V*
15%
_i-
10%
s
15
21% Mar
10k
shares of beneficial Int.—
90
11%
4%
14%
14%
——-—1*,;
82% Apr
12%
2%
—
—
1
Assn common
$7 preferred series A
$6 preferred series B
Eastern Sugar Associates—:
100
12
2,400
•
Eastern Malleable Iron.——
Eastern States Corp—
85
75
77a
Feb
Jun
Jun
14
Apr
7% Aug
600
3
*1
prior preferred—
preferred
85
11%
July
23%
♦
%*
Fansteel
11%
8
I10
10
last Gas ft Fuel
19% May
12%
7%
274
Sulphur——__
R4
10%
4
Feb
12'4
...
3
Dunlop Rubber Co Ltd—
16 %
13
5%
1,800
7%
•
74% Mar
103/a
mm mm
.
•
common
Co
200
12%
"e%
•
Corp
Power
78
71
Vb May
18%
•
Driver Harris Co
Falrehlld Camera
1074
2
11% -Jan 1
Mar
11% Aug
lia
35
18%
12%
18
1,400
9r
•
...•
18
75
2834 x29%
"3%
Dominion Steel & Coal class B
78
18 %
28%
24%
Dominion Tar St Chem Co Ltd
Dominion Textile Co Ltd
6
4% Aug
10
10
32
—£1.
£1
10
100-
..—5
>—4
3
100% Mar
7% Mar
4 % Marq
3
.—1
57
,
200
31
—
;-10
Cessna Aircraft Co fcommon.
Chamberlln Co of America.;—
Charis Corp common
6%
10
Productsi———
$5 pfd shares of beneficial lnt
"5
100
Conv pfd opt div ser 1929
6%
.100
—.
Esquire Inc.
pfd——100
Conv pfd opt div ser
Century Electric
20
Feb
900
«>«•
I
3%
100
Corp
5
{Central States Elec 6% preferred—100
7% preferred.——
100
if
Sep
3T'a May
34
r
common..
Domestic Credit Corp class A.—
Dominion Bridge Co Ltd
6%
108%
>-
4
16%
13% Mar
Amer "dep rets ord reg——
Dobeckmun Co. common—
4
45
1
1
100
Jun
9
Distillers Co Ltd—
4% May
11%
O
3%
-1
*8(4
_8%
8%
Devoe Si Raynolds class B
•
Diana Stores Corp common.———#0o
2% Mar
18 •
Jan
10
Central Malhe Power Co—
3.50% preferred—
Central Ohio Steel Products
Jun
9% May f;
26
'
1
900
May
16% Aprs
xl4% Mar
x8%
—
Catalin Corp of America
Central Power & Light 4%
Central St South West
"2
1
common.^...;
5,300
1
3%
2s 8d
Si Co...—
400
20%
10%
,
2% Aug
1% Mar
—-1
8% May
a..*
Amer dep rets B ord
Carter (J W) Co common.
Products
11%
•
Carolina Power &
Light $5 pfd
Carr.-Consolld&ted Biscuit Co..
Carreras Ltd— " V
27a
1974
20(4
12%
6% Mar
22 %
1
*
600
2%
Jun
Jun
5% Feb
13 % Mar
950
3%
•
1%
Jun
8% Aug.
3=% Feb
2.50
-
16%
3
—
—35
200
100
common
500
15
16%
.
Jan
53%
6'4 Feb
5% Mar
100
6%
..50c
"7%
3
t
1
3,900
.
7
6%
4%
Feb
Jan
8%
Aug
12%
•
Marconi—
56% May
Apr
2%
8
"7%
11%
2% Mir
6% Feb
•
preferred
Carnation Co
-
700
•
Capital City Products
Carey Baxter Si Kennedy Inc
Carman Si Co
;.
Casco
5%
preference——20»
Canadian
Castle
5
•
•
9%
1
,_10c
Duval Texas
5%
_•
'
8%
7
~674
.
—1
150
5
Class A voting
■
-
Feb
37%
800
3.50
Feb
100
1
Canadian Canners Ltd
common
Convertible
preferred—i—
Canadian Industrial Alcohol—
Class B
non-voting
Canadian Industries Ltd—
_9%
•
»
Jan
12%
1%
5
common
6 %V
Apr
6
May r
15% May
9% Jun
D
Davenport
July
,f
23%
1
1
Feb
Mar
46
2,400
..
2.50
Jun
9% Aug
2,150
£1
California Electric Power
Caliite Tungsten
Corp
Camden Fire Insurance
Canada Bread Co
Ltd^—_—
Canada Cement Co Ltd
1 Vb
.
•
common
Lighting Inc common
Mfg Co (Mo) —.—u
46%
1
.
a—25c
common—
Amer dep rets ord
reg
Durham Hosiery class B common
Duro Test Corp common
80c
4%
75
45
,
.
—I
-5
July
'23%
5%
25o
Cable Electric
Products common
Cables A Wireless—
1,600
53
.
Jan
1% Jnlv
46
.
Jan
2%
—
•
Bunker Hill & Sullivan
2.50
Burd Piston
Ring Co.—
1
Burma Corp Amer
dep rets-.--———
Burry Biscuit Corp
12%c
Butler (P H) common
77/s
7%
87/a Aug
Jan
-
—•
i-
Ma. Mar
9
9%
—2.50
•
15
100
13%
11%
3%
100
51%
Internat'V °A" partic..,.*
Tobacco
Curtis
100
700
'
•
Brown Forman
Distillers.
...1
4* cum junior
pfd
—.10
Brown Rubber Co
common
1
Bruce (E L) Co
20%
20%
Cuban
9%
4%
|
Jan ?
17% May
% May
Feb
% May.
14%
"7%
Crystal Oil Refining pohimon.——*
$6 preferred....—1Q..
Cuban Atlantic Sugar common——.—5
5 % preferred
100
Curtis
8%
4%
"4%
:
2 3'
Jun
8,800
14%
■
.
0
Crown Drug Co
1,800
r<r
9 V*
.50
Petroleum..——
Crown
13%
V.
i ?
May
11'
Feb
22
13%
16%
2
: 2%
%
V
Jun
Jan
80 V* Aug
Jun
79
*
•
50
78
1
—
4% May
10% May
33%. Mar
•
•
9% May
14% Aug
Aug
8
•
25
Jan
18
6 % Mar
300
2
%
15%
40
Mar
'
Croft
Sep
34
15% Aug
7% Aug
com.*
•
.
3%
30
X
common—_—
convertible preferred
Creole
Jan
10%
Jan
31
100
common.
5%
-
—A
Oil Co
.
11 %
100
13
^
Courtaulds Ltd—
May
152
400
.
.
cum
Mfg Co common
Class A———
7
14
32%
.
Reynolds common.—i
X
preferred class A.—
——-*
Jan
1% July
Feb
13%
32%
•
5o
Inc
.
Cosden Petroleum
Aug
17
125 % Mar
200
•
•
i) Brillo
Apr
'Aug
Co common.—,
Co—
Range
1%
14
32%
Corroon Si
7% May
15%. May
1% Jan
147% 152
-*
Corp common—
Bridgeport GAs Light Go.
Bridgeport Oil Co
18
Feb
5% Jan
-1
Brazilian Traction
Light & Power
Buckeye Pipe
15
ido
14
100
common.—
Bruck Mills Ltd
Coro
7% Jun
1G% Mar
——-1
pfd
Borne, Scrymser Co—L—
Bourjois Inc...
v
300
1
common
:
350
6%
6%
1
Blue Ridge
Corp common.
Blumenthal (S) Si Co common
Bohack (HC) Co
..
17%
6%
Copper
1%
1
-*
.X
Cooper Brewing
Jan
11
Jan
X
Varnish.Co—,—i
Cornucopia Gold MlneA*.——.—'
Jan
14
4% Mar
6,900
1
Blckford's Inc-common—
Birdsboro Steel Fdry St Mach Co
British-American
6%
16%
—1
Convertible preferred
,
10%
—5
Bell Tel of Canada.—
>v'
Sep
-fv;;
common
Benrus Watch Co Inc.—
Benson Si Hedges common
5%% prior
66%
Cook Paint St
Jun
Mar
9i
5%
common..
•
61%
Jan
34
1
Beau-Brummel Ties common
Beck (AS) Shoe
Corp..
Blauner's
Feb
45
4,300
*0
Basic Refractories Inc—
Baumann (L) Si Co
Aircraft
66%
————-
Barlow & SeClig
Mfg—
Bellanca
61
\
i;~
Si.20 convertible
66%
,.
10'4
1 %
.
10
l'/a
900
1
•
Feb
10%
500
774
Feb
10%
:
Sep';
iY-ft'-r
Volume
"Vy
Number 4731
168
THE
j*y/»'■
COMMERCIAL
NEW
Friday
STOCKS—
York
New
Curb
Week's
Range
of Prices
Par
Fox
(Peter)
Sales
Last
Sale Price
Exchange
Low
1.23
Brewing
Franklin Simon & Co Inc
"■
4% % conv preferred
Fuller (Geo A)
Co
Bangs Since January
150
25
~9
~9%
800
York
New
1
Curb
Fur
8% July
32>
Jun
Mar
8% Mar
12%
1
Kalser-Fraxer Corp
Jan
Gatineau Power Co common
Alloys
General
Builders
b%
6"% Mar
*2%
2»/4
100'
1% Mar
3% May
'/a
45/a
1,400"
24%
24%
-
._
4%
" X4
25
—1
preferred series A__—
(General
6%
6%
10
37/a
Feb
8
5%
27%
Jun
( Knott
39
July
:
Kobacker
Apr
S
Krueger Brewing Co——
Jan
Phoenix Corp
General Plywood
Corp common
General Public Service $6
1
4
3%
4
1,000
2%
6%
5%
6%
2,700
preferred—'
i General Shareholdings Corp com
1
$6 convertible preferred-».-•
95
4%
i
96
400
96.
113% 113%
-
100
110
X105%
~4%
1
:•
—i
4%
700
'21%
21
Jun
300
117
Feb
5
Jan
Jan
'11
Gladding
McBean ft Co.
Gleaner Harvester
Corp
Glen Alden Coal
25
30% X31%
—.•
Glenmore Distilleries class B
Globe-Union Inc
Feb
12
Apr
35
24%
24
1
8
21% Feb
24%
13%
18%
13%
July*
400
12% Aug
200
327/» July
Jan
200
.2%
12%
3,200
12%
13%
(Adolf):
Inc common—
1
Godchaux Sugars class A
:;f; class b—
'2%
,
'45
45
v
2%
Class-
25% Aug
15%
Goldffeld Consolidated Mines—;
Goodman Mfg Co
U
:.A
-,HJ
—50
10
stock
Jan
91
Jan
65
650
50
14%
13%
14%
800
12%
Mar
68r
Feb
Jan
18%
Jan
10 % July
14% May
8%
100
6% Mar
10%
900
7
Mar
200
91
Feb
120
Jun
60
133
Apr
140
Mar
87/a
,
% May
•7% May
9% Jan;
Mar
6% Feb
61%
10%
July
ft Mar
64
Graham-Paige Motors b% conv pfd—25
Grand Rapids Varnish
1
Gray- Mlg Co—
i
—5
Great Atlantic A Pacific Tea—
>
-
15 Non-voting
28%
54
,
common
Fen
3,600
class A
Gorham Mfg
Aug
.
•
9%
Stores
common
preferred
Northern Paper
Grocery Stores
Gulf
States
-
Products
Utilities
•
111
110
ill
—100
138'
138
138%
25
1st
39
38
common—25c
$4.40
pfd
200
36% Mar
9%
9%
500
8
99%
100
Gypsum Lime ft Alabastlne
39
99%
50
98
•
Le
Hau^ion
Bridge Co Ltd
Paper
7%
—
•Hamraermill
Hartford
Hartford
Rayon
10
Electric Light
Rubinstein
Class
44%
May"
9%
105
Aug;
7%
200
7%
44%
■
Lit
51%
-
30
3%
350
3'/4
2
2-
9%
9
13
*
9%
.25c
—2
6%% preferred w w
4% preferred w w
10%
-
Horn
j
Co
1
.
'
Baking Co
500
(Harvey) Inc common—P —5
ft Refining—
^ •
Hurd Lock ft
Mfg Co—_—
—5
Hussman Refrigerator
$2.25 pfd—_
Common
stock
43
:
108
23
100
2,200
3%
37/a
200
•
:
20%
44%
Feb
148
Apr.
Jan
Jan
35% Jan
110% Jun
50
...1
16
,Imperial Chemical
i
•
Amer
dep
rets
10%
Industries—
10%
*■
52%
250
Imperial Oil (Canada) - coupon—-.*—•
!I
Registered;...—i.—w.*
•'ij Rights w 1———mJ.
L
4
•15%
15.
.1%
—
of
Canada—
_5
13%
'
11%
Tft
42
11% Mar
1A July
9%
,500
-10
01%
98
91%
94%
91%
87/a
98
•,
600
92%
13%
300
12% May
100
,
87/a Aug
88
20
10
54
600
July
11%
11%
12
Feb
11%
11%
11%
12%
500
1%
1%
100
11%
11%
1,700
-5
..1
1%
— «
I! •II
9% Mar
9% Mar
200
12%
1%
.
1%
18%
'
5%
5%
%
19
7/a
700
300
5%
400
%
300
•
Mar
23% Jan
"
5,700
12%
!Io
51
-
12
:
-
Co
—1
1
•i
7
July
H Mar
9% Mar
iy« Feb
16%
Jan
4% Jan
% Mar
5%
500
5 %
6%>^,7%
:
Metal Textile Corp
A
For
Kokenare
footnotes
■
'
Co
700
4%' Feb'
6%
4%'-
6%
100
4% ■
100
see
page
35.
;
23%
2,600
18
Feb
26% Jan
24% May
x9 Va
500
A
54%
125
50 V*
925
19%
5,700
7Ve Mbr
13,800 -
15
200
'
10
July
% Mar
49 - Mar
1
Jan
44
15
Jan
65% Jan
60
Apr
Feb
Apr
23% Jun
112
Jan
18% Jun
14% Aug
Feb
14%
300
100
12
Feb
21
Apr
May
2Va
12
'
12%"
16% Jun
Jun
lull
3%
Feb
19%
"l%
"2
22,000
39
1,100
13 '
,
1% Mar
22% Mar
2,300
27
38
>
Feb
8%
*"**3,600
18%
6%
39
39
25
n
U
100
17
17%
Apr
May
20 V* July
13% Mar
6% May
May
4% Aug
38
Aug
17% May
'
34
12
9
14% July
15
"S
8
Feb"
2
Jan
42
July
"
37%"Mar
44%
29
17
1%
17a
July
30% Aug
Feb
12% Mar
25% Jan
9%
Apr
12,800
17
Sep
1,700
1
Jan
3% Mar
Feb
10# Jun
2
108
—100
——1
4%
~4%
Feb
3%
111
July
7%" Jun
Feb
3 %
2,200
•!
25o
common.
Participating preferred—
15
Michigan Bumper Corp
Michigan Steel Tube—.
Michigan Sugar Co common
6% preferred
Mlcromatic Hone Corp-—
Feb
Jan
Midwest
Jan
Midwest
7%
Aug
7%
100
67/a Mar
900
7%
3,100
10%
10%
10%
9,900
—
10%
10%
50
29
10% May
1% MarFeb
,
2% May
9% Jan
10
Apr
Feb
31% Aug
5% Feb
8% Apr
19
7%
Febs
10% July
10% May
13% Jan
Products—
25%
25%
50
21
21%
325
3%
100
37/a
_50c
—10
Co
_•
IIIi
Refineries.
Co
25%
21%
—•
common—
Miller Wohl
7%
29%
Abrasive——
Oil
500
7%
Piping ft Supply common-
Mid-West
1,600
8 Va
Jun
8% Jun
7% Mar
~1%
7%
•
60
Feb
1%
29%
pfd
6% May
Jan'
7%
t c—1
—5
conv
43
5%
1
v
$2 non-cum dividend shares
Mid-West
--
2.50
Middle States Petroleum class A
Mldvale Co
—
—*
-10
1
1 Class B v t c
Middle West Corp—
Steel
—
1
22%
20
22
22%
20
»
20(
3%
3V4
33%
33%
8%
8'/a
8Va
_50c
common—
3%
1,500
200
2,800
8 Va
100
34
8%
50
5,500
—
--
—
Feb
3%-Aug
18
'
13%
Feb
Feb
Mar
2
7
Jan
30%
Jan
Mar
5
at
Apt
28% Apr
5
May
24
Apr
22% July
5
Jun
0% May*
35
May
8% May
Mar
104
Jan
23% Mar
27
Jan
96
•
.
23% Mar
19%
:
aO % May
16%
.
v
Jan
8# Feb
17
May
16%May
r
Molybdenum Corp
Monogram Pictures
1%
Jun
12% July
1
*
7Va
.
13% Jan
96
Mar
107% May
15'
Feb:
24
Jan
Apr
14
Jun
13%
Jun
17
8
2,000
6% Mar
3%
4'Va
1,000
2 7/a-
2%
77/a
1
common:
2%
200
11%
1,600
Feb
8% Mar
5% Jun
Monongahelai Power Co—
.100
4.40% cum pfd
.100
4.80% cum pfd series B
Monroe Loan Society^ com class A.
1
Montana Dakota Utilities
5
93
i
...
Mountain
Producers
Mountain
States Power
States
11%
10%
163
20
4%
1,600
16%
16%
2,100
30%
33
4%
16%
«
30%
I100
Vernon-Woodberry Mills
163
450
,.—5
ft
2% Feb
10 Ya Apr
162
Aug
34% Mar
--10
:
common—
Tel
Tel
Jun
96% Aug
2%
Montgomery Ward ft Co class A—
&I*
Moody Investors partic pfd.;.
Morris Plan Corp of America—. IlOC
107% 107V2
20
3%
Feb
12%
26%
Jan
Feb
97% Mar
25
96%
Jun
103% Jun*
3Va May
13% Mar
178%
Jun
40% Jun
47/« May
17%- Apr'
337/a Aug
115
July
27
Aug
Aug
July
"33% May
700
10% Aug
13 W Jan
500
11 V«
i«%Ma*
*
25
Jan
68%
Murray Ohio Mfg Co
Muskegon Piston Ring
common—
Muskogee Co common
Muter Company common—
~
I2I5O
-50c
12% Jun
2% May
1%
Apr
9%
Jan
'
12
12
11%
11%
1,500
4%
2,600
Jan
10% Aug
12
Augr
13% Mar
11%
2% May
20% May
7% ' Apr
10%'xl0%
Xl0%
...10
15%
Jan
N
Nachman
.10
Corp
NamnTs - Inc
National
Bellas
National
4% Mar
-1
common.——
4
Breweries common^
Hess
._1
common—
—1
33%
210
11%
11%
11%
2,300
14%
14%
14%
13
13
12%
13%
7%
!8%
1,600
.600
8%
9%
200
4%
4%
200
..1
Mfg & Stores common
National Pressure Cooker common!. —2
8% Aug
9% Jun
National
Radiator Co
4%
Feb
4%
Feb
6%
Jun
4% July
U%
Jan
National
13%
„4
National Rubber Machinery
-10
29 Ve Mar
35%
100
12%
Feb
100
12%
Apr
16
11%
4%
Feb
12% Aur
7% Mat
8%* Aug
15
III
Jan
37% Jun
12% Jan
16% July
National Steel Car^ Ltd——..
Apr
Transit common
6% May
2% Mar
33% Feb:
32%
...
20%
Preference*
jUH*n
24% Jun
Feb
——
National
Jefferson Lake Sulphur Co
Jim Brown Stores common
Feb
20
5%
&
National Mallinson Fabrics--^
5%
'Aug'
22"
100
•
j v 7%. - preferred
Fuel Gas—
common
May
26
5%
•
National
Jeannette Glass Co
11
15
*
i—
i
6%%
A preferred
Mesabl Iron Co
Mt
52%
.
■W*.
__
k.
& Co class B
Mountain
.50
7% Mar
100
14
14
•
_
Irving Air Chute
Warrants
Jun
Hydro-Electric—
<
\
Jan
3% May
81
Jan
1
Jan
'87/a
9?'
Preferred $3.50 series—
—•
Marine
Mfg Co
Chapman & Scott Corp—
7%
11% Mar
500
39,400"
15 Ve Mar
25%
15
1
•
Dredging
Johnson
1
*
Machinery
International
preferred
42%
Aug
11,600
*
8%
Xl9
39
7%
Feb
13 V*
pfd—100
Insurance Co of North America
International Cigar
i>:. -V'
15
,1A
12
Imperial Tobacco of Great Britain
• ft Ireland—
—£1
}
Indianapolis Pwr ft Light 4%
15%
.13%
.
July
15
•
(A G)
Merritt
4% May
44
FeD
Feb
10% Aug
registered:
Imperial Tobacco
10
Co
Missouri Public Service common—
1,700
Aug
25
110
19%
Corp common——
Midland Oil Corp $1
*
53%
11
100
54%
49%
54%
—50
;
4%# convertible preferred:
Mining Corp of Canada
Minnesota Power ft Light 5% pfd- I100
62%
400
22%
2
Midland
■
53%
300
11%
25
May
21% July
12% July
30
Jan
Va
1
Jun
i
Illinois Power Co B% conv
pfd———50
Illinois Zinc Co common—
*
20
1% Jan
87/a
common.
Jun
<
"
V
■Ar
22%' Apr
22%
Shovel.
88
■
r
600
11%
(The B) Co
24%
Feb
2%
B
'
Feb
4% May
30% Jun
2%- Aug
.
1
I/'-. -y'V
>
i 'f
Mar
41% Mar
4
Apr
3% Aug
27 %• Aug
—
25
3,800
Jan
x65
--
f
'
Jan
9%
19% May
•
Jan
15 % Mar
%
17%
A
Ex-distribution
77% •78%
—
—1
1st; conv preferred—i_
JHydro-Electrlc Securities
Hygrade Food Products.
85%
31% Mar
105% Jan
10
23
77%
Jun
140
warrants
common
$2.50
McKee
Apr
May
39%- Aug
--
108
•
Mav
7%
19
150
__
—
Huyler's
100
•
•
Oil
73
3
'
Hubbell
HumDie
20
43
—100
;
Jun
24
20
43
—•
preferred
Aug
7% July
6,900
3%
3%
—•
ft Hardart common—
6 %,
Apr
Jan
11% May
98% Apr
48
__
9%
•
common
Jan!
91
^
ft
1
Feb
x8
•
(Geo A)
Horn ft Hardart
Aug
9%
__
~9%
May
10
■
25
common
Power
Menasco
5% Aug*
7
Apr
Apr
25%
International
McCord
Mead
10
Feb
9
8%
class
McClanahan Oil Co
11%
809
6
100
A
——*
1
5% convertible preferred—
—10
Feb
6%
300
17'/a
Harris common
McAleer Mfg Co common
11% May
14% July
Mar
Jan
28
7
*
Communication Co Ltd—£1
Marlon
Jan
9%
Feb'
9%
A
Massey
2% May
7% May
■
—5
Horder's Inc
Hormel
;
Aug
16%
Aug
17% May
9%
Inc—
Service
Stores
Marconi
12
-10
Holly Stores Ino
Holophane Co common
V
11%
M
Feb
92%
May
.
5
Jun
57/a
Jun,'
28
Aug
87/e July
Jan
500
•
8
92%
~6%
1
25
Feb
17%
24*
19%
(RG)
2
9%
10%
.100
Henry Holt ft Co common
(R ) ft Co class A
Holllnger Consolidated G M
Hoe
Aug
23%
Jan
68
.100
Aug
18%
9% May
v.
Jun
7
Lynch Corp
10
500
10% May
9%
Louisiana Power ft Light $6 pfd—.
1,600
10%
Feb
19%
preferred A ctfs of dep..
6% preferred B ctfs of dep..
Louisiana Land ft Exploration
13%
10%
7%
ctfs of dep
McWllliams
-
100
23%
7%
500
__
8%
23%
I
800
__
9% JUn
8%
•
,
—*
Common
13%
13%
;
Jan
__
Lone Star Gas Co. (Texas)
9%
common
6V4
Longlnes-Wlttnauer Watch Co
Long Island Lighting Co-
13%
13
1,500
Feb
6%
13
13^4
common
Groceterias
9%
—8
4,400
8%
Locke Steel Chain
4% July
:
5% Aug'
67/a Feb
1,200
10%
8%
■
Jan
56%
l7/a: Feb
__
—1
9%
8%
Apr
47
.
Apr
2% Mar
*
Jun
100
Class- B
'
A Sep
-8V«May
60
900
300
1
A—
5% 5Fetr.
Marr ?
600
Mar
:Apr
24%
>
•
200
Brothers common
Loblaw
9% May
Aug"
f
k.
*
150
■
45%
51
X7
Apr
10%
...
Mapei' Consolidated Mfg Co—
4,900
1
Heller Co common
•
•
liY Jan
14
16
8%
Corp common
Lip ton (Thos J) Inc 6% preferred..
Mangel
A
non-vot com—1
Hearn Dept Stores common
Hecla Mining Co
Helena
"
45%
-.*-25
common
'Harvard Brewing Co
Hat Corp of America B
j Hathaway Bakeries Inc
Hazeltine Corp
y7
A
Mar
13%
Oil Development..
Tourneau
Manlschewitz
y7
4% May
20% Jun
•
1A July
20%
Jun
8%
Lionel
I
B
l—
Sep
Jun
14
—...—j—
Maine Public
w
48
19
60
13%
Line Material Co
--
♦•tod Co
5,300
8%
Realty
i Leonard
"
E»v
600
1A
Jan
3% Aug
900
Company.
B
Lefcourt
(
; t Rights
16%
1A
—
Mackintosh-Hemphlll Co
7%
Great
!
106%. Aug
Apr
Feb
'
Jun
3% Jan
50% Jan
84
!.!l
Jan
22%
200
.
Jan
12 V» May
37%
tmmm
Monotype Machine
La Salle Extension University..
'21%- Jan
41
25
28%
28
——
>&¥ $4.80" prior preferred:
Gorham Inc
2%
9%
Jan
ll7/a Aug
13
Mar
Lanston
1
Gobel
9
10
"3%
"1%
Lakey Foundry ft Machine
Lamson Corp of Delaware!
! Lagendorf United Bakeries cl A
Jun
600'
48
500
Corp common
Laclede-Chrlsty
Jan
29
..
2.50
11%
~3%
Petroleum
Lake Shore Mines Ltd
23% Jun
54
Apr
May
Co—
Jan
110%
2% Mar
46
«•
11%
Jun
L
Apr
5% Jun
99% Aug
Mar
Jun
45 Va
100
Feb
84% Mar
—
Giant Yellowknife Gold Mines
Gilbert (AC) common
Feb
2%
220
15
■
Jan
17 V* Maj
17
Mar
Mar
•
95%
j Georgia
Power $6 preferredpreferred—
4%
Feb
16%
125%
Jun
X9
47/a Aug
50c
Klrby
Jun
105%
'
5%
11%
16%
Apr
Feb
'
m m
3%
9
98
Aug
11% Mai
12% Mur
Jan
27
Feb
122 %
IOO
99%
7%
20
8%
100
48
Jan
100
14,400
pfd B-
8
98
High
6% Aug
•
ft Co
! Kirkland Lake G M Co Ltd
Klein (DEmil) Co common
IKleinert (IB) Rubber Co.
98
100
(Walter)
Kimberly-Clark Corp—
i
4%% preferred
i Kings County Lighting 7 %
■1
6% preferred D
King Seeley Corp
"i Kingston
Products
9% May
100
Low
i
7% Apr
6% Mar
8 "
10%
13%
L—•
23% Jan
-37
Range Since January 1
S.
124
13%
1,600
6%
Share*
High
10%
124
Co
25
37
pfd
Gilchrist
Feb
200
_£I
common
if Preferred
Jun
84
7%
j
reg—
f General Fireproofing common
f General Outdoor Adv 6%
$5
Feb
16
Supply Corp com—_1
,
i
9
.7%
*
1 General Finance Corp
1,700
15% Jun
17% July
92% July
10% Apr
1
Co.
dep rets ord
13
100
5% conv preferred
(General Electric Co Ltd—
Amer
12 %
'
5%
preferred
Gellman Mfg Co common
General
13
10%
pfd— ..100
Kansas Gas ft Electric 7%
i Kldde
2
Low
far Wsek
>
Kennedy's Inc
Key Co commoncommon
Sales
Bangs
ef Prices
Jan
19
Kawneer
Garrett Corp
Week's
Lust
Sals Fries
Rxohangs
High
...
11% Mar
33
SEPTEMBER 3
Friday
7% Mar
50
B
(969)
STOCKS—
Low'
11%
MjMtwwr*1
EXCHANGE
CURB
WEEK ENDED
CHRONICLE
:
Shares
1
common
FOR
FINANCIAL
for Week
High
ll'/a
&
YORK
RANGE
yj">»
y'f.W;'v-''"^jre.-Y'^'p."-1?.^'^T|':'y,y'':.^^y7
Mar
3ya Feb
17%
May
Feb
10% May
11% Feb
22 Va
Jun
4% May
•
:■
fori3ay^eptember
COMMERCIAL
THE
NEW
TU
Range
New York Curb Exchange
•t Prices
LOW
Par
Nelson
New England Tel & Tel
New Haven Clock to Watch
New Jersey Zinc
:
Mexico
New
Park
New
Process Co common
N
Y
Auction
N
Y
&
N
Y
Merchandise
N
Y
Shipbuilding
13%
Feb
7
3%
-8% Aug
12 %
67%
65%
67>a
800
59%
1%:
200
O
Apr
July
Feb
Feb
i
10% May
1%
6tlx
'
—1
Co
Feb
9
Mar
10
10
Rosarlo.
75
27
Feb
32
12% Aug
15
1
100
——100
;1 Class B optional warrants.——-.-:—
Niagara Share Corp class B com
3
5%
1st
5%
2d
preferred
preferred
14%
—
lOVa
American
103/a
Rome
Jan
"l
18
l
% Jun
8% Jan
American
North
Central
Northeast
North
Utility Securities
Texas
1
O OO
|
Airlines—
Penh
RR
1
67/a
!
Feb
48 Va
Jun
33
48
Jun
Mar
10O
2
Aug
300
13
Mar
St
Northrop Aircraft Inc
Novadel-Agene Corp
Fifth
May
Inc common
Ogden
Corp
Co class
97
Feb •'*
34%
Feb
11%
1,400
7
Feb
13% May
•
19 Va
19%
700
16
Apr
22% Jan
1%
50o
B
Polndexter
Distillery
102
1%
100
36%
33
200
9%
9
30%
—
8,300
O'okiep Copper Co Ltd Amer shares
-
22%
Securities——
23%
.
Jan
9% Aug
July
Jun
13
Jun
17%
25
5% %
1st
Pacific
pfd
7%
Feb
Lighting $5 preferred
Power to Light 5% pfd
Pacific
8%
34%
700
13
32% Jun
30 Va
30 %
400
29
102 % 103 Va
20
101
Feb
91
Jan
8Va
—23
Pacific Public Service com
$1.30 1st preferred
102 V*
•
6%
100
16
17
11'
25%
25'/a
100
32%
150
3%
55,200
800
-
July
17
Sep
25% July
Mar
12%
13 %
1
15%
18
175
5
25
25%
250
23
96
97
40
3,400
3
Parkersburg Rig to Reel
Patchogue
Plymouth
Patican Co
Peninsular
(l
Ltd
w
1
Telephone
—2
common
Corp common
Penn-Dixie Cement warrants
46
46
..
50
"6%
•
&-Light 4%% pfd
100
Co
"6%
~6%
4%
1
Penn Gas & Elec class A
common
Penn Power
Penn Traffic
3%
3
4%
4%
I
3,000
280
-
—-
—*
Pep Boys ' (The)..
lOEV*
Xl04
"
250
Mfg Co
Perfect Circle Corp..
Pharia Tire «Si Rubber common
Philadelphia Co common
46 Vt
45%
300
-,
3,700
9%
1,200
8%
26%
300
22
2%
1,600
2
48
Pratt
Producers
common
500
2
Feb
1,400
Xll
Feb
39
39
39
71
69%
71%
610
19
13
19%
3,100
37% July
58% Feb
8% Jan
4% Mar
14% Jan
14%
'
50
5%
900
12%
X12V4
12%
95%
95'A
3%
.
700
11
10
87
—
——1
12
1
12
2Va
100
2 Va
2%
2,600
•
July
Jan
18% Jun
Jan
6% Apr
15
May
14% May
95 % Sep
*'
Feb
44% May
8% Apr
Feb
16
May
3
11
Jun
May
Feb
9
"9%
July
6
Jan
6%
9%
—•
"9%
Feb
73
21
1% Jan
100
12
-
41
Mar
37
,
~8
8
13% Jan
9% Mar
I
—»
-2.50
America
100
Apr
Apr
5%
200
6%
Jan
9%
600
22%
9%
1,800
5,100
Corp common
1
—25o
Co
"2%
.
Inc
Corp
B)
(R
Radio
30%
1,300
18Va
18%
400
16 %
3%
17
2
Mar
8%
100
96%
25
96% '96%
175
96%,
•
—
96%
,
■
•
com
28%
Pyrene Manufacturing
I
13
*6%
10
29
%,
13%.;,
23%
—5
■
Jun
9% Sep
6%
6%,.
90
125
.
Jan
9$
July
26
300
.
99% Jun
,04% Jan
300
34
Jun
Feb
19%
3'/a
Jun
19%
Jun
3%
-25%
6,600
1,000
150
3%
25
77%
77%
78 Va
82
25
24
1
1
1
82
24%
27%
Jun
85
Jun
Feb
74
100
3
87% Jun
5Va
12%
,
'
12%
Jan
4
May
1% Feb
1
*
Jun'
Va May.
13
May
1
% Mar
10'A Mar
2%
2%
—•
1
19%
19%
-25
64%
12'A Feb
62
14%
6%
Solar
South Penn Oil common
Southwest
Southern
8%
Pipe Line
California Edison—
4.88%
conv
4.48%
4.32%
preferred
Spencer 8hoe Corp
Stahl-Meyer Inc..
Standard Brewing Co
Standard Cap to Seal common
Dredging Corp common
81.60 convertible preferred—
Standard Forglngs Corp
Standard Oil
(Ky)
Standard Power to Light com
Common class B
preferred
1,800
1,000
~4%
4%
43%
1,000
28
27%
27%
28 Va
28%
28%
27 Va
23%
9 Vt
3%
100
5%
500
5
1
Feb
8'/a
Feb
500
1 Va
July
30
Aug
14
;11% July
6% Mar
Jan
„
8% Feb
.f
Stroock
(S)
26
3 Va
26 Va
400
19% Mar
26%
3%
500
2'A Mar
17% Mar
3% Jun
19% Feb
10 Va
28%
16%
200
9%
29
29%
2,100
25%
Feb
Feb
2
1%
2%
2,900
1%
Jan
10%
2,400
6 %
3% Aug
2%
2%
Sunbeam
52%
Corp
Jun
23 y8
July
1%
Aug
8%
Jan
Feb
2% Jan
Jan
7% May
1,800.
6%
2,200
6 Va
25
13%
13%
t
5%
1
13 Vt
13 Vt
15%
34
32 %
1
^
13 Va
16 Vt
34
100
50
:<
200;
16
3V»
"■&: ii V'
'
Sep
f.
20% Jan
May
Jun
27%
2,050
Jun
"'SsfV
1% Apr.
15 % Jaaiv
4,,...<»
Feb
,15
.
3%
J-jry
/l >:
13%
..
15%
Jan
13
'
5%
35
Jan
Apr
300
2% Mar
10
90%
141.
14%
94
260
79
270
4145 i
14%
>
25
i
.
Mar-*:
3%
Feb
14%
•
.
152:
-'
1
..Sh;i'Ssj&fei.
R
Radlo-Keith-Orpheum option
warrant*.
Railway to Light SecuritiesVoting common
Railway to Utility Investment A
Rath Packing Co common
v
f
10%
1
-ww——
;
Reed. Holler
For
;»
<•
>
:♦
31fc Co—a.
footnotes
page
35.
1%
3,800
1% Feb
18%
250
14% Mar
1
%
3% May
Feb
•
Jun
'34%
32 Va
34%
'
400
30 % Mar
52
; Jun
•
*
7%
V
»
5.
7%
7
•
•
30
29V4
30
28% May
13%
12 Vt
13%
11 %
Thew
v>
u *
•
'
y,
...
•"
5,30tf
*
'5% "Feb
Power to
Shovel
pfd
,_100
-W«»
118'A July
common
5
18
Xl7% Aug
Light 7%
Co
new
Corporation common—!
•
1% May
31
Jan
^ 37,, Jun
i,
55
Mar
9% Jun
M
,
Tllo Roofing Inc_„j.
Tlshman Realty to
Tlvoli
...——
Construction.
5
....1
19 Va Mar
16
17
•
J. UUabbU
I*
—
.
Tobacco Security Trust Co
'
26% July
Amer
dep
rets
12%
12%
13%
12%
'
1
Fel}
14 Vt
12% Aug
11% Mar
II
i
?•
6%
—
53 Vt
53%
49 Va Mar
S3/*
5%
5% Aug
7
5%
Feb
Ltd—
£1
!
,
1
Brewing Co__
3
-r'-r-
Jan
31%, Mn
.
16
def regis—
—5i
% Aug
.
'May.
124 r', Jan
19%
Jun
21. v
Jan
20% Jun
Feb
27%
TS
see
1%
18%
10
Manufacturing common—..5
V
Texas
Thor
Raymond Concrete Pile common
$3 convertible Dreferred
,r
Tampa-Electric Co common.—
....
;
18%
10
—
Raytheon
1%
Apr
"VM
July
-15 % Aug
•
.
:
■
Jun
Jun
»x96
.
140%: Aug:
12
Mar
frx 'jpj)
Jam
7
17'/a May
13% Mar
400
•
j.6% preferred——100
Quebe*-Power; Co———*
Sep
'
1
15
......
27%
.7
"1%.
—
15%
Superior Portland Cement, Inc—
Superior Tool to Die Co
70
Feb
15% Mar
70
Feb
22
68%
70
•
•
25o
Sun Ray Drug common
May
5Vt
Feb '
3% Mar
3%
•
8% May
Apr
3% May
6% Jan
6% Aug
4 V*
Aug
3
2% May
115
July
Feb
102
6 %
4Vi
•
:
11% May
30
lVa Mar
——5
1
to Co common
Aug
Sep
13
26
•
—..1
1
—1
—1
Co common
(Hugo) Corp
Stop to Shop Inc
7% May
1% May
13
12 Va
•
Stinnes
4% Jan
Feb
lVe
1 Va
Feb
10'A July
Va Jun
48
3% Feb
5V<
Apr
29'A July
Jan
29%
25%
Feb
36
500
3%
3%
Stetson (J B)
28%
Mar-':
22% May
4% Jan
1,400
41
41
1
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
:
Sterling Inc
Feb
4i%Ma^
'.25
300
9%
X23'A
9Vi
1
to Co common
Jua
31%
Aug
May
27% Jun
800
Starrett
(A)
47
25
1,600
26%
Standard Tube class B
Stein
10% May
6% July
Feb
26
500
28%
1
Steel Co of Canada
Feb
33% Jan
100
27
1
Corp
14% Mar
5
July
4% May
Feb
35% Jan
4
2%
(The)
29% Aug
7 Vt
3%
500
43'A
—•
Col
Standard-Thomson Corp
Apr
x3%
•
——
Products
Standard
4
3%
26
2.78
1
10
1
20
-1
10
1
preferred
Convertible
3%
•
Standard
May
July
8% Feb
2% Mar
1,200
"4%
——
Southland Royalty Co
11%
43%
25
25
1
5
—•
preference
conv
cum
11%
X3 %
35
25
25
Southern Pipe Line
8% May
270
Mar
25%
,
3%
preferred:—
preference
cum
4.56 %
$7
225
88% Mar
11%
original preferred
Jan
37% Aug
May
6% Mar
8
232 Va 236%
—10
Pa
Jan
Jun
11%
3
1
1
—I
1
12.50
Manufacturing Co—
Soontono Corp
Boss Manufacturing common
South Coast Corp common
17Va
14Ve
6% Aug
6%
7%
8
236%
1
—
Jun
12% Mar
15
preferred—........——.100'
(Howard) Paper Mills————*
Apr
35
Simplicity Pattern common
...—1
Singer Manufacturing Co——,——109,
Singer Manufacturing Co Ltd— , ,
Amer dep rets ord regis
— £ 1
Sioux City Gas to Elec Co—
Smith
July
108% Apr
22% May
11% Apr
•
•
•
Solar Aircraft Co
Jun
18%
83 convertible preferred
3.90 %
17
76
Mar
104
65%
Publications—
——•
Siramons-Boardman
;
4
May
20% Jun
Feb
16
•
Ltd—.—;
15% May
Feb
2%
100-
of America class A
Breweries
Feb
13
—8
Sllex Co common
Swan Finch Oil Corp
Quaker Oats common—————.•
Jan
4% May
Feb
75% Mar
1,300
12%
2% Jan
13%
100
1 Va
"7
—
Jun
18% Aug
1% Mar
50
3%
3%
16'A Aug
1% July
'
Light—
prior preferred—
Puget Sound Pulp & Timber
Pyle-National Co common
Feb
10%
1,400
,
preferred
to
$5
27
2,800
1%
"l%
•
1
common
3% Apr
4% May
3% Jan
2ya Mar'"
1% Mar
5
prior stock—
certificates
3% Jun
Feb
3
500
5,100
Aug
Jan
12%
2Va Mar
1,300
3%
2%
29 Va
30
—1
*
2%
2%
1
•
i
2 Va
3%
•
common
23 Va
7% Mar '
1% Mar
2%
1
1
—25
9% Aug
Sep '
9 Vt
22% Aug
--
Colorado—
cumulative
Pifget Sound Power
-
14%
5%
"6%
Btck's
Mar
2%
11%
•
Corp of Nevada
Service of
4
2%
11%
—
4%%
Aug
Mar
2%
—
Prosperity Co class B
Providence Ga#—
Public
29% Jun
""21!
11%
2.50
Lambert Co—
Prentice-Hall Inc common
of
11% Jun
0% Jan
Feb
1
preferred———100
Metals
July
11% May
6
Jan
Jan
2
to
Pressed
,;
6% Feb
25
7%
11%
9%
Industries Inc common
stock
Shoe Corp
6% May
t
3% Mar
2
Jan
7% Mar
4% Mar
8%-
Shattuck Denn Mining——.
70
1,800
"*4%
•25%
——25o
Corp of Canada
Jun
Feb
65
~37/a
2%
3%
22%
Shoe Co.—
Sentinel
54% Jan
8% Jan
53
1
common
1st
4% Jun
108%
i
Apr
9%
Valley Wine Co——:
Pneumatic Scale
common———10
Polaris Mining Co—
,ri 6%
;
.
Mar
feasant
Power
Jun
26% May
7% July
6% Jan
49
shares
.
Alexander
Aug
9% Mar
Pittsburgh Bess & Lake Erie RR
50
Pittsburgh & Lake Erie.
:
—50
Pittsburgh Metallurgical common.—5
&
4
Apr,
61%
•
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
Powdrell
/Feb
"4Va
20
•
Pltney-Bowes Inc
Jun
J9
•
Governor common
Plnchin Johnson Ltd Amer
24% May
Aug.
.
May
4
--
50o
Pierce
31
113
Aug
4% Feb !
—2.50
Phillips Packing Co
V
101
1
Pepperell
Feb
Feb
4
2.50
Penn Water to Power Co
,:
2
O Tf*
i
w
Feb
42% Mar
23% Jan
5% Mar
\
3% Aug
22% July
14% Aug
18
Aug
v
80
25
Pennroad
33% Jun
17%
3 Va
—*
cumulative preferred.
—
24,100
—
Mills..
d———
;
—
200
500
8%
Sentry Safety Control
Berrlck Corp class B
Seton Leather common
Apr
32% July
i.
12% Mar
Parker Pen Co
3Va
—
11% Jun
5%
8V4
22%
1
Bros Inc
$5.50
May
07
Pantapec Oil (CA) Amer sh
Paramount Motors Corp.—
3%
Feb
17% July
Jan
10
Allotment
106% Jun
23% Feb
27/a Aug
'10
Feb.12% Sep
11 .'Mar-
Pantepec Oil of Venezuela Amer shri—
Jan
8%
5%
Corp Ltd new common__l
pfd (new)
49
Steel
Semler
36
•
—•
Jun
5'A
42'A July
Jan
7% '
5%
Manufacturing
Seeman
10% May
Feb
Mar-
23
32%
•
———•
Page-Hersey Tubes common.'
Pancoastal Oil (CA) v t c
13%
Feb
14% Jan
5%
—
4% preferred
Sherwln-Wllliams of Canada
33%
34
25
preferred—
Apr
7% Mar
1
Scullin
Aug
Jan
400
8Va
5
8 Va
1
•
Shawinlgan Water & Power
iSheller Mfg Co
Sherwin-Williams common
Pacific Can Co common
Pacific Gas to Elec 6% 1st
37%
Jan
15
500
Mar
Mar
3% Aug
1.25
Ave common—
Scovlll
Jun
39% Jun
Feb
5
400
95/a
9%
1
48
109%
14% July
—
93
17
•
Securities Corp General
1% May
Feb
I Jan
13
1
.
2% May
Jan
July
9 Mi
4%
38%
1
Segal Lock to Hardware
101% Aug
•
Omar Inc
Overseas
2,100
350
36
1
Oliver United Filters class B
1%
45
103
44%
•
common;
preferred
—100
Oklahoma Natural Gas————.—15
10
5
Oil Inc (Del)
Bayre to Fisher Brick Co
Schulte
(D A) Inc common
103
Jan
44% Sep
11
4%%
4% May
23
10
Savoy
3% Mar
Aug
1
common
Brass
Power
May
32
86
88%
£1
5
Convertible
Ohio
1%
2%
87%
•
Inc
United
Samson
Selected
Ohio
2
100
Corp common
Field
conv
Belbjr
Old
—1
pfd F
Lawrence
1st
97
8,200
.44%
40%
4
Jan
90
Northern Indiana Pub Serv 5% pfd_100
States Power class A
25
3V2 Mar
Salt Dome Oil Co.—
21% May
-
2% Aug
800
Co..—.——50
Northern
24% Mar
300
Ryerson to Haynes common
7% May
33% Mar
100
2%
2%
300
3%
1% May
100
17%
2%
17
5
27%
3%
Jun
20
y> Mar
-
;
Feb
3,000
2%
•
Oil
26%
Co—
Ltd—
Cable
Russeka
"
North
•
Gas
2
11% July
12% May
W'
9% Mar
7%
45
Jua
Ryan Aeronautical Co
Ryan Consolidated Petroleum
Jan
May
45
43 Vt
J»n
26 Va
Electric Steel Co
Rowe (The) Corp common
Royalite Oil Co Ltd...
10% Jun
Jun
43 %
7%
•
3Va
Feb
dep rets for ord reg
Roosevelt
May
UT
12
"I
Apr
18 Va
Rotary
105
Apr
1,000
•
class A
Rayon
Class B common
Feb
200
10
North Amer Light to Power common—1
'
Amer
May
Psb
19
Feb
1.000
-
10 Va
——•
Corp class B
5
Mines—-—,—-————5
Niplssing
North
-
Feb
X92%
30
i7ff
..
1%
125
& Pendleton
Rolls Royce
Jun
July
10%
7
175
.
Hundred
Nineteen
88
92
8,500
102% 102%
101% 101%
_
Niles-Bement-Pond
8%
8
8%
102'/a
Niagara Hudson Power common
1,700
21%
Rochester Gas & Elec 4%
Corp—
Pounders flharea.:—————-1
''
2%
*
—*
common
Honduras
Jan
1%
20%
t c
v
8%
1
Valley
(Texas Corp)
High
Low
3% Mar
400
4%
1
Goods
Dry
Rio Grande
Range Since January 1
High
4
Engineering——'—5
Co
Richmond Radiator
Roeser
Mining Co
Shares
727/a July
6
1,900
l7/a
Jan
1,300
\
Rice
May
Jan
700
7%
for Week
1
Reliance Electric &
Jun
96
4Vb
280
37/a
6%
Reis
82 ya Mar
6%
93%
3 '/a
7%
Apr
Shoe Co
(Robert)
to
Regal
Bales
Range
of Pricea
Low
Jun
17% Aug
93 %
1
& Arizona Land—,
New
Jan
Feb
65/B
20
25
4%% convertible preferred-
i!
•
3%
100
1
Co
3%
137/a
600
17
Week's
lut
Bale Priee
Exchange
Curb
High
2% Mar
2,400
93 %
•
Nestle Le Mur Co class A
Friday
York
New
Range Since January 1
Low
2%
16%
17
EXCHANGE
STOCKS—
Shares
87/«
5
-5
(Herman) Corp—
Neptune Meter common
Monday, September 6, 1948
.RANGE 3FQ& WEEfc ENDED SEPTEMBER 3
{1
Mioh
2'/a
2%
30o
CURB
CHRONICLE
for Week
Last
gale Price
National Union Radio
YORK
FINANCIAL
Sales
Week's
Friday
STOCKS—
'
&
6,
15
*
May
18% May
:> 7% Apr
54
May
7% 'Aug
1%
Jan
1943
•«.
THE
Number 4731
168
Volume
■■iJ• i.
COMMERCIAL
&
NEW SYORK
RANGE FOR
Friday
STOCKS—
York
New
■'
Todd Shipyard Corp
Toklan
;/1
20
70o
common
Toledo Edison 4%%
pfd
Tonopah Mining of Nevada
Lux
2%
2%
59'A
BOND
94
150
27/a
94'/a
,
500
75
92
!
Inc
;
l'/a
1%
400
1
4%
3'A
4%
800
3%
3,400
4% Aug
1% Feb
28
Gas
■
Interest
Period
:
Exchange
Elmira
Water
Jun
Ercole
MarelH
/
1 % May
6%
Week's
Last
July
5s
May
1
5'/a
"5%
5%
700
5%
Sep
9
Jan
9%
9:,A
9%
300
9% Mar
12
'/as
'
Bonds
Bid & Asked
January 1,
No.
low
7
97%
99% 100'A
M-S
Range Since
Sold
High
1:110% 115
High
-
103%'
110
112
Elec, Mfg Co—
Nov
ex
1956
RR 5s
&
J-J
Raage
Friday's
or
Sale Price
1
1940 coupon—1953
1953
'U**,
25%
1947 coupon
25%
112
24%
31
-
Finland Residential Mtge Bank—
4% May
31'
Lt
A6%s with Nov 1
A 6
Apr
3%s.........l968
& Fuel
Jun
•
Tung-Sol Lamp Works com
Eastern
July
99%
Mar
4'/2
•
;
S/';:;;v:;'; H'*
Curb
Low
5
Jan
"l'/a
*
York
66
58% Aug
2% Sep
1
3%
New
High
1
warrants
SEPTEMBER 3
Range Since January l
Low
35
EXCHANGE
ENDED
Friday
Share*
High
59%
—100
Corp
Trl-Continental
Trunz
Low
(971)
Sale*
of Price*
Par
CURB
WEEK
CHRONICLE
for Week
Range
Sale Price
Royalty Corp
Trans
Week's
Last
..
Exchange
Curb
"/NANCIAL
Jan
stamped
1961
:
M-S
convertible
preferred
143% 50.
1102% 104
38
;
' 61
;
100%
102
'
102%
103%
Grand Trunk Western Ry 4s
1950
Green Mountain Power 3%s—...1963
J-D
Guantanamo & Western 6s
80c
s
1958
J-J
Jan
1949
A-O
100'/a
103'/a
Jan
1949
A-O
1100% 101%
100'/a
102%
1970
M-N
1103% 104%
103%
106'A
1955
J-D
Hygrade Food 6s
series
6s
U
Ulen
Realization
Unexcelled
Corp
Chemical
10c
Corp
Canada
Union
Gas
Union
Investment Co
of
1%
1%
1%
400
3%
5
3%
400
-
1% July
3% Aug
Jan
6
4
8%
International
Apr
5% Mar
*
Indianapolis Power & Lt 3'As
2% Jun
6%
6% July
Apr
A 6
91
.
A6%s
Products
4'/4
4'A
■
4%
Preferred
"'/a
""%
23,100
30'/a
30
30'A
30O
30
19'A
19%
4,100
3,500
16
Feb
20 Vo
20
20%
24
1
...100
Sep
25%
Jan
245
"l
25c
5% May
"l
250
Jan
1
500
Jan
Aug
preferred-—.-—
10
7
Aug
10%
Jan
25
57'/a
55%
57%
800
52%
Jun
38%
38%
39'
300
38%
Jan
62%
41%
Apr
25
10'A
10'A
100
lOe
2'/a
2%
700
1
14'/2
15%
1,300
4%
1,700
1%
Feb
83%
150
70%
Feb
Machinery common
United
Specialities
1
common
U S Air Conditioning Corp.....
U S Foil Co class B
and International. Securities....*
1st
preferred
U S Radiator
New
with
warrants
common
4%
83
16
X
_
Universal Consolidated Oil
16%
8%
2% Mar
11%
1,100
8
600
8%
12%
1% ~2>/a
com—10
new
200
40%
200
Sugar.
5
Utah Power & Light common......
3
3% May
40%
40% Aug
23'/a
24%
45
19% Mar
22
July.
May
2%
150
3
2,100
29
22% May
3%
Jan
$4 convertible preferred
Venezuelan
6%
6%
6%
1,000
5
Petroleum..
~8
—1
Venezuela Syndicate Inc
Vogt Manufacturing.***....
.20C
7%
1,800
3Ya
4'/a
8
4%
4,100
Jan
10
July
71
Sep
98
Feb
5%
Wagner Baking
7 %
voting trust ctfs
preferred
extl*
Waltham
Watch
30
Co
Ward Baking Co warrants.,
Aircraft Corp.
8
.1963
A-O
64
64 %
..1967
If-Gl
Midland
Valley
RR—
,Extended at 4%
2,000
1%
10%
1,150
to
England Power 3%s_
1st mtge
O
3s—————
West
-1.25
Manufacturing
•
Utilities $6 preferred
Texas
Western Maryland Ry 7% 1st pfd -100
Western Tablet & Stationery com—•
O
3%
4,300
2% Mar
5%
6
860
2% Mar
1%
400
1%
Feb
Westmoreland Coal—
Westmoreland Inc
—
...20
10
—
Weyenberg Shoe Mfg
1
Whitman
1
(Wm)
&
Wichita River Oil
Wlckes
(The)
Williams
Willson
Wilson
(R
Co
&
Products
Brothers
6% Mar
Jan
6%
debs
Feb
161
Mar
25
20
Jun/
25% Mar
—.
—r»
.
22
22
14% May
700
.10% Aug
16%
22%
100
17% Mar
24%
10
300
f
11
11%
22%
93A
■
6%
II—1
Inc..,
Feb
11
— —
10%
...
—25
•
pfd— II100
Inc
„
•
—
—2
Woodley Petroleum.
Woolworth (F W) Ltd—
—1
American deposit receipts
5S
6%
Feb
•
Wright Hargreaves Ltd—
M-N
Jf-S
17
Feb
1965
M-S
California
Edison
Counties
'1st mtge
5s
Gas
Period
65
Jan
11
18
18%
3%
14
•
100
1,800
Jan
19
-
2'A
2%
10% Mar
14
19%
or
6% Aug
9%
^
Jf-N
102%
*1%
Mar
1950
7-4s
2nd
Sold
High
10
^
100% 100%
102% 102%
J-D
U10
6s
1998
Q-F
1970
J-D
Low
A6%s with Aug 1
Aug 1
..1946
Debenture 5s
.
•
—
—1958
99%
102%
108
96
103%
9
•
99%
107%
2
103%
106%
112
109% .111 f
159
99%
._.*.—1969
93 %
99%
91%
22
1977
A7s with Dec 1
A7s ex Dec
Gas
(Bait
96%
~168
98% 102%
A 5s
Income
1940 coupon
1947
1
84
83
/.
J-D
103%
98%
A-O
197%
Jf-W
104
104;!,;,; 106
103
105%
105% 107%
150
78
:
A-0
103%l:
98%
3
'
102
5
106%
97%
104
101,
97
98%
100%
J-J
$22'A
$22
$26
96%
28
27
103%
109
mi%
111%
—
115
5
May
'
105'A
104
114%
'■
J;
28
A-O
; *\[:J.
120
v
63
;
75
22
30%
,19
|
.
30
v
1956
19,
$101%
$26
-
101%
debs
27
18
$12
M-S
J-D
$106'/e 107%
A-O
West-Penn
Western
5s
Traction
82%
82
82%
7
6s conv
1960
—
jr-D"'"
1959
58/*
f debentures
s
27%
72
F-A
$100% 103
%
i
i-U
''
■:$*>
108
1QZ.V*
.
86
106
——
$107% 108%,
119% 119'/a'
Newspaper Union—
"
j
—
1964
Electric
38
103%
*
1954
Penn
;
$12
J-D
108% I
;11?
,'
120- :*
;
B;Jvf8%
.-'if
103%r
>
;
t
■
Foreign Governments & Municipalities
Friday
BONDS
New
York
Curb
Interest
Last
Period
Exchange
Sale Price
Week's Range
•r
Low
Cons
Bond*
Friday'*
Bid A Asked
64
<>■"
$44%
,
No.
Low
'
"■■■
High
%
A-O
$61
J-J
$61
J-D
$32'A
36
3i
39%;
M-Jf
$70
72%
68
84%
1953
F-A
$68
80
66
78
1952
J-J
61%
—
61%
65%
62%
5s
Danzig Port & Waterways—
AExternal 6%s stamped—
City
(Peru)
6'/2S stamped.1958
Maranhao stamped (Plan A)
'
Interest reduced to 2'As
6'A
2008
$12%
US
5%
6%
34
J-D
Mortgage Bank of Denmark, 5#*—.1972
13
8
|f
12
.
25
M-N
AMedellin 7s stamped..——_—1951
Mortgage Bank of Bogota—
A7s (issue of May 1927)
1947
A7s (issue of Oct. 1927)
1947
AMortgage Bank of Chile 6s._
:1931
Peru
25
1
24
34
34
10
31
Jf-If
$41%
A-O
$41%
J-D
$25
J-D
$61
*
S1
t'
65
45% ;/
29%
46%
30
'39.%>l;
42%
..
42
__
22
MY*
65%
rH :;
44
~
22
81
\
fi
(Plan A)
2008
25%
5
14%
14 3A
79
"2%
J-J
25%
14%
$22
2%
J-J
—.1997
(Republic of)-—
Is to
2%s (ser ABODE)
Rio de Janeiro
Interest
ARussian
A5%S
stamped
reduced
13%, 15%
(Plan A)
2%
2012
3-D
6%s
1919
M-S
1921
to
Government
j-j
——
1
18
24
24
2%
2%
3%
2%
2%
33
10
2%
3%
"
*No par value,
Odd-lot
principal.
a Deferred
n
(not included In year'8 range),
d Ex-lnteresfc.
f Ex-distribution,
g Ex-stock dir.
h ExIn year's range),
r Transaction for easfc
y Ex-rights.
delivery transaction
transaction
(not included in year's range),
Under-the-rule transaction (not included
{Friday's bid
55%
-
Municipal Loan-
5%s—1958
(not Included in year's range).
""7
64
Range Since i
January 1 ;
Sold
High
xEx-dividend,
and asked prices;
no
-
,
sales being transacted during current week,,
J,'A Bonds being'traded flat.
AMI
"
101
.
100'A
74
2030
•
^
....
104
Washington Water Power 3%s
88 %
City) —
mtge 4s ser A—........—1993
A 1st mtge 4s ser B
1993.
99%
1
"" 84% /
1962
1st
'
97
82%
,12
Delaware Lack & Western RR—
Lackawanna of. N J Division—
•
81
4
103% 104
106% 106%
J-J
Gen mtge 4 %s_.——.1954
105%;
68
,
—
$68
1950
coupon
Hotel—
Interest reduced to 2VsS
18
40
-
105% 105%
1981
1st ref 2%s series R
2%s conv debs..—
a
West
—
'; lst ref mtge 3s ser P———*.1969
1st ret mtge 2%s ser Q—
.1976
Consolidated
J-J
105%
101%
*:*j:
105%
103 Va
1
$118% 121
A-O
1953
1949
-
Jf-Q
(Bait)
93%
95
96%
105%
A-O
Debenture 5s.*.„
;; Debenture 3s—:
Consol Gas El Lt & Pwr
SB
M-S
$102
A-O
1940 coupon..1953
1947 coupon
ex
Parana stamped
J-J
101%
High
ICentral States Electric Corp—
M-S
1
101%/
Hydro-Electric Co—
ALima
8
1155
2%S—
Bang* Sine*
January 1
No.
104% 104%
;■
1960
/ A5s (20% redeemed) —*
1948
A5%s (20% redeemed)....
1954
Cities Service 5s
.....Jan 1968
$104 'A
M-N
■,<■
1946
stamped—
~
Boston Edison
26
98
F-A
1966
External
Bond*
Bell 'Telephone of Canada—
Bethlehem /Steel
97 Va
**'
•:-r.
101
113% 114
'
-
102'/a 102%
98
May
S
-105% 106
—
•'
103%
100
—
103% 103%
J-J
1989
trust
Corp—
3rd stamped
(Hugo) * Industries—
A6%s
Jan
Friday's
J-J
5s series C
160
68
$103% 104%
Jan
Bid A Asked
104 %
100%
1955
156%
•.•■**''/■" ••'/
United Electric Co of N J 4s_.
United Electric Service Co—
Week'* Rang*
Last
/-D
...1964
4
Jan
Feb
4,600
Bale Price
J-J
Tel deb 5%s A—
3*
(Hugo)
May
13
tt0m,
Associated Electric
Assoc Tel &
102%
J-J
3'As——1970
5s._
$99%
A-O
Elec
&
—
Appalachian Elec Power 3%s
Atlantic City Electric 8%s
19
3
102% July
__
Low
1970
4%s.*........1953
92%
105%:
"""Mi
.>
—
Corp inc 5s__
collateral
Ternl
1973
1970
3'As
(Calif)
1971
G)
(A
AStarrett
Gas
Gas
3s
Southwestern
Spalding
3s
;.*;
California
Southern
24% July
—
Friday
Interest
Exchange
lit'
I'/'-
$100% 102
mtge 3s
External
Curb
82%
103%
103
$113'A 115
A-O
Danish
BONDS
2
$99% 101
1951
inc
20-year 7s
1
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
York
;1
103%
.2,1
156% 157
1952
Joaquin Lt & Pow 6s B
A
New
J-J
A-O
1952
Agricultural Mortgage Bank (Col) —
A 20-year 7s_—
—April 1948
1//?
n
108
100
13
..
Safe Harbor Water Power Corp 3s_1981
7% May
200
——
2%
26
104
104%
12% Mar
Feb
23%
—
—
£1
preference.
•.
ioi'a
9
91
26
"107%:
1
Jan
10
75
100
11
18%
104
■A
105%
91
106
Jun
5%
*.
23'A
^
67
102%
May
11%
10%
5%
23%
9
Jan
July
'
Wisconsin Pwr & Lt 4%%
102
58
Jan
9
1
6'
106
105
San
Jan
25%
18%
.
11
May
29% July
'40% July
£109%^ '
101%
103% 106
$12
..1998
5%s series A
Apr
May
Apr
115%
140
33
——
22
10
112
*
common
Industries
200
160
5
Co
.I 5% preferred w w
Winnipeg Elec common
Woodall
8%
10
Corp
Corp
C)
83A
147% 153
f
Queens Borough Gas & Electric—
2% May
**
:107y
t
25
104%
Public Service Elec & Gas Co—
7% July
1%
6%
■17
■
104%
$104% 105%
1947 coupon..—1960
1
J*
104% 104%
J-J '
Hydro-Electric Co—
A6%S With Oct. 1 1940 coupon—1060
Oct
28W
'
15%
100% 100%
Piedmont
ex
17%
101% 101%
J-J
1978
A6%S
17%
106
105
J-JD
8%s
Jan
1%
—
M-Jf
'
Waldorf-Astoria
Wentworth
•103%
3-D
Park Lexington' 1st mtge 3s—...1984
Pennsylvania Water It Power 3%s.l964
Jan
5%
1
/;
A-O
Feb
2%
13
3
—...
17%
A-O
1971
Jun
110%
Apr
.1961
N Y & Westchester Ltg 4S——;.2004
Ohio Power 1st mtge 3%s..*..*1.1968
3% May
11% July
8% Mar
..
V
Milwaukee Gas & Light 4%s
A
July
2
9%
28%
120
103%
■■
Feb
800
"1%
2
10%
1
Warner
10%
75
16
$102
15% May
Feb
106
10%
—
1
preferred
cum
10%
-100
Waltt & Bond Inc—
$2
1%
28
55'A
1107% 109
Stinnes
_•
28
17%
•
J-J
,
Waco Aircraft Co
29
F-A
-
ht r p.'A:
,<*K
16%
17%
$12
..1956
A7-4s
i
126
•»—/
Kansas Power & Light 3 '/a S——1969
Jun
5%
2
21
149
McCord Corp deb 4%s-
Btlnnes
W
75
1103
Jan
10%
8% Mar
12 % July
68%
1952
3%s
3 %s series A.
6'/a
26 41
3-D
Bouthern
—1
26
25%
24
1966
Bouthern
common
28%
'
1940 coupon
Superpower 6s.
Bcullin Steel
Yalspar Corp
28%
17%
10
28
74
J-J
—
28%
17
25%
J-J
Jan
23% Aug
2% Feb
19% Mar
~2%
•
ctfs
escrow
Kansas Electric Power
.
:
1
:
J-J
Jan
-
26
25
17%
26
1952
;
27
25
1957
coupon)
27%
1963
New
60
Hydro-Electric Co—
A Italian
May
18% May
8% Sep
Sep
124
F-A
A7s ex Nov 1 1947 coupon—.*..1952
50-year
40%
10
10
common
6% May
1941
-A7s with Nov 1
:
101
56
124
1957
(Aug
59
101
1955
E
Debenture
Isarco
■
86
Apr
Jan
2%
A
Jun
19 V* May
Feb
8
July
3%
Feb
1%
50c
13
8% Feb
1
:
Insurance:
Universal Products Co
Utah-Idaho
4%
83
1
U 8 Rubber Reclaiming Co
United Stores Corp com
Universal
.*
common....
Jan
1941 coup)
1
103
57
coupon) .*.*..1952
Interstate Power Co*-*'* ,-v"v;
July
2 V
Shoe
United
v:M Preferred
$5
Jan
24
1O
V-* i
24
30
5% May
United Profit Sharing com
U S
22% July
Feb
Aug
rets ord regis,.
United NJ RR & Canal
^ 10%
17%
15
•
...—i
dep
% May
36'/a May
20% July
A Feb
(Dec
series
303
Sec—
C
A7s series F—
A 7s (July 1941
Jun
70
Sep
19%
Jan
5% July
38% Mar
United Molasses Co Ltd—
Amer
62
3% Jan
700
•
common
97% Jun
Sep
.91
common...........*
United Corp warrants.....*....*..—..
United Elastic Corp
United Gas Corp common—
10
United Light & Railways—.
7
Milk
350
56% Aug
United Aircraft Products com——50c
United
91%
Power
series
A7s
$3.75 pfd series A
•
Union Stock Yards of Omaha—....100
United Chemicals
%s
A 7s
Union Oil Co of California—
■
A
ser
B
J-J
„
.
»
{Reported in receivership.
Abbreviations used abovo—"cod," certificates of deposit; "cons," consolidated; "cum," eumula*
Mve; ''conv," convertible; "M," mortgage; "n-v," non-voting stock; "vie," voting trust certificates;
wh$n
issued;'"w w/'-with warrants? "rw," without warrants.
..
/;,
'.
' *
v;,;
"
a:-
36
(972)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday,. September,
4—
OTHER STOCK
-1948
EXCHANGES
RANGE FOR WEEK ENDED
SEPTEMBER
3
'
Baltimore Stock
Low
.—•
Co
Transit
vtc_.
com
15
Range Since January 1
High
Low
15
3.00
3.10
302
13y2
1st
Brager Eisenberg
Fidelity
New
Amsterdam
Ediscn
Potomac
U
S
16%
1
Inc
Deposit
3.60%
,_..ioo
preferred vtc
co
16»/a
28 %
90
35 y2
143
Casualty——
16%
35 y2
~
_20
._
50
143
273/4
23%
90
90
463/4
13
47y2
5
35 y2
50
47%
Jan
160
May
25
Feb
28 3/4
5
89
Jan
92
44%
Feb
52 3/4
Convertible
Transit
48%
—
1975
48 y2
52
1975
4s_;
Co
53
Week's
Friday
Last
Par
Amer Agricultural Chemical
American Sugar Refining
43
Jun
68
Low
45
Jun
77
Jan
Co
Copper
I-
90
20
153% 155%
—
High
52%
39%
46% Aug
37% Aug
147% Mar
318
36% Mar
51%
36%
37%
220
220
Bird
&
ft
Inc—.—
Son
&
Albany RR
—
19%
-"Too
122
19%
15
1211/4 122
105
Mills
Edison
Boston
Elevated
25
30%
120
Railway
Boston Herald Traveler
17%
41%
41%
41%
886
Feb
Mar
363/4
18 J/2
stamped. 100
Corp
18%
■18%
195
23%
23%
30
Jun
stumped
erred
stamped
1st pf'd unstamped—
pi el
prior
6%
pfd
5%
cl
A
8%
cl
B
Boston
1st
100
57
Calumet &
Cities
Hecla
-
...
Service
Refrigerator
Safety
Eastern
10
Mass
6%
1st
5%
pfd
Eastern
Street
pfd series
A
SS
Lines
_
Inc
40%
Hammond
Jun
Capital
(G)
213/g
127
Illinois
Central
4
Feb
18 %
Aug
193/4
Apr
22
July
28
Independent
43% Mav
Gillette
Safety
3%
Sep
32
Feb
Kennecott
Maine
5%
Central
RR
&
Co
Sep
6%
74
78
6%
Aug
04%
95
313/4
Feb
64%
100
1.00
Feb
1%
Field
4%%
Apr
West
$1
prior
Mfg
23%
Jan
New
North
Haven
Butte
National
19
Aug
263/4
Jan
26%
Feb
33 Vs
Jun
30
44.33
17
49 % Mar
38.90
Feb
46.35
31% Mar
42% May
28
Feb
39'/a May
5%
59
281
423/8
Feb
60'/a July
Penn
15
Aug
68% Aug
Pressed
250
6%
Feb
210
31%
Feb
120
41% Mar
54
7%
8%
320
13'%
vtc_
common
Btone
Webster
&
18
185/a
154
21%
30c
30c
1,500
25c
July
10 % July
54c
83
96
prior
$4
11%
103/4
11%
2,460
931/4
93
943/4
250
13%
13%
133/s
50c
50c
—
20
18%
6%
11%
30
Mar
12%
Torrington
Union
Co
Apr
Jan
Shehmar
May
Signode
10%
Apr
14%
Jun
Sinclair
Feb
85c
Apr
Society
20%
1,303
16%
Feb
22 y8
6%
650
33/4
Feb
200
1%
1%
220
63/8
6%
6%
8
153/4
__•
--
South
May
10% Aug
1% Aug
Drill
Twist
United
6%
U
8
Shoe
200
16% July
13% May
200
15% Aug
18% May
543/4
—•
_
Rubber
Co
System Inc
^Weatlnghouse .Eleetrio
53%
Feb
2%
Jan
Standard
500
39%
100
28
21
250
20%
32% Aug
28% Aug
28%
29
500
10%
16%
Mar
Mav
42
9% Feb
450
15
15
fP/4
-
'
9%
350
6%
15
Jun
July
23% Mar
34%
Jan
Aug
19%
Jan
700
8%
Feb
10%
Apr
100
9%
44%
Jan
74%
Jun
63
25
25
100
22% Mar
29% May
98%
98%
10
1134
200
98% Aug
9% Aug
99% May
11%
10%
—
•
,
—
—.
.
10 r;'a
700
10
14
—
10%
14
15%
15%
27
27
27
42
42
55%
2,050
14
—
56%
10
100
1
7% Mar
12%
Jan-
Jun
11%
Jun
15
Apr
Feb
15
July
100
22
Feb
%
40
40
Aug
49%
300
48%
Mar
64% May
34 %
50
8%
8%
100
21%
50
0%
8%
800
8 5/3
13
10%
Feb
56%
34%
8%
o
_
73/4
20
21 %
0
_
_
_
5
__
Jun
11% July;
62
■
•
...
8%
83a
8%
1.9G0
22%
23
-10
23%
6,150
13
133/4
150
19%
20%
1,000
8 %
8%
100
30%
31 %
250
39
39
100
12%
—50
Co
12%
15%
163/s
210
13%
16%
.17%
210
11% Mar
Feb
—
*
common
30%
•
—
common
Corp
•
common
Strap
common
Lathe
20
1
16%
30
32% Mar
6%
Jan
37 %
9
Feb
22%
7 V4 Mar
Jan
May
Jun
8
19%
Jan
Jan
Apr
10
May
10
Jan
May
20% July
24% May
13
Aug
21%
Jan
16%
37
37%
142
34% Mar
41
Oil of
Ind
40
280
35% Mar
42
Jan
53%
55%
4,010
48
May
% Feb
42
200
10%
Feb
12% May
34% July
300
26
13 %
350
113/4
26%
26%
1,000
15%
7%
7%
200
6
Mar
27 %
150
25
Jan
—
Mar
3%
100
10 %
50
9%
45%
400
x37%
14%
--
3%
10%
45
1
capital
Corp common
Corp
Container
Sunbeam
May
85
34% May
Feb
14%
100
12%
7%
400
May
May
Feb
14% July
Feb
32
8 %
29
2% Mar
3%
Jun
Jan
Aug
Jun
Feb
11% May
25
-
_
5
—1
common
7%
85
7
7
Feb
53
Feb
16% May
9%
Aug
Jun
Jan
Sep
18'/a July
85
20
Feb
32
31%
20
common-
27%
13
5
common
11% May
26%
1
capital-
22
263/4
•
Works
Fen
Aug
8
31%
—
•
common
16%
13
._
Stewart-Warner
7% Mar
Corp
common
Mach
Tool
_
new
»
&
34
32%
1—5
27% Mar
35
May
July
11%.
250
11
Aug
13
25
33 %
33%
333/8
300
30%
Fen
36%
—5
corn-
113/4
600
Co
capital
17%
17%
17%
50
16
Feb
21%
28
28%
350
27
July
37
Jan
46%
47%
130
44
Mar
48
Jan
stock
Til
Jan
May
Thor
Corp
Trane Co (The) common——
208 So La Salle St Corp—_
2
-
28%
•
.47
Jan
58% May
57%
56
57%
525
52%
Jun
623/B
Apr
United
38%
38%
48
38%
Feb
40'%
Apr
U
44 3/8
■45%
135
38 3/a
Feb
49 %
13%
13%
113
133/4 Aug
15%
Jan
Wisconsin
27%
28%
267
33%
Jun
Yatea-Amer
41
41%
300
39
42'fc July
Aug
Jun
~
S
Air
Steel
Lines
Inc
10
-12V,
28%
25
Feb
13%
13%
100
12
Aug
80%
79
81%
800
68
Mar
12%
283/4
28%
28%
200
25%
Feb
•
10%
13%
10%
10 %
700
10
13%
13%
200
ft
common
Westinghouse Elec & Mfg
•
Corp
14%
10%
*
Co capital
Forgings
38%
10
Waldorf
Jun
12
Jan
21
—
_
common—
Dredging
25
...
9 V4 Mar
24%
14%
—25
Oil
Corp
Brand Clothes
25
com
.'
800
39%
Union Carbide & Carb capital (new)—*
Machinery
150
32%
Jun
391/8
5
preferred
11
31
:
—
"
37
—
United Fruit Co
17%
15%
10
canitwl
class B
Prod
Standard
63/a Aug
14 y8
85
a
__
Sep
38% May
Feb
28
Aug
12%
15%
11
ft
_
common.
Car
Steel
Bend
Swift
a
_
(The)
Feb
17
—
.
1
common.
common..
Electric
Serrick Corp
38c
12
BH
Steel
Sears Roebuck &
1,400
"11/4
...
prefev^d
100
7%
7% May
65
17
10
Co
preferred
M«nrf«iviv»nin
Securities—
Elec
2nd
.33
*
6% Aug
15%
..
Electric Switch class A
Sundstrand
Suburban
16% May
9 % Jan
19% Jan
Aug
50% Mar
5,000
Jun
Jun
10
Inc
33
Jan
Jun
3%
Mar
150
12%
.
100
common.
Corp
Peabody Coal Co
Jun
18%
7% Sep
14% Mar
<s
Association
11%
-
7%
11
200
64
—
Stone
Shawmut
10%
40
Apr
133/4 Mar
Jan
8'/a
2.50
_
6%
62%
12%
*i
—
common
196
15
61/4
Machine
2%
50
250
6%
_1
Manufacturing
1,868
67
_
Drug Inc
500
7%
11%
15
Co
preferred
Ward 61 Co
111
Standard
Rexall
14%
7%
21
_
common
40%
533/4
50
_
29% Mar
350
10%
common
Bancorp
33%
64
*
Reece Corp
Reece Folding
100
3
Jun
53 %
2.50
Pennsylvania RR
Qulncy Mining Co
35%
64
common.*
_
Standard
Northern
38%
100
Hartforo
&
8% Mar
11%
10
Chemical
Northwest
593% July
32%
100
Mining.
200
.
14
—
common.
Montgomery
225
Go
Brewing
Monroe
125
-20
Tel & Tel
2,100
8%
.
--
corn-
preferred
72 % Mar
56%
„
England Electric System
New England
N Y
26%
35%
>35% "
Corp capital
Minneapolis
63% Aug
18% Sep
19%
&
preferred
Wilier & Hart Inc
Jun
1%
Marshall
8% May
67
National Service Cos
New
29% May
100
common—
Middle
Feb
1
Assn
.a
new
34
5
Racing
July
common
557
533/4
*
Nash-Kelvinator
25
26
*
_
Tool
74
Aug
Sangamo
Narragansett
Jan
1
Mickelberry's Food Prod
14%
39
10
Libby McNeill St Libby common—. —7
•
Lindsay Lt & Chem common
573/8
100
Lintoype
Aug
Apr
9 3/4
33
"T60
common
preferred
Mergenthaler
Pneumatic
Jun
4
563/s
*
Copper
23
.
Aug
32%
—
50
Jun
j
International Harvester
4% May
51%
19%
~403/4
Jun
26%
mi'
1
Kellogg Switchboard
56%
Co
63 3/4
Mar
32 3/4
-
Razor
65%
common. —1
common
.
18
20
c
General Electric
RR
.-t.
133/4 Mar
44.33
Feb
Feb
■
capital—1
Illinois Brick Co
Jun
July
375
18'%
1
Sep
Jun
115% Mar
523/4
Brewing Co capital. —1
163%
18%
Corp
Instrument Co
Heileman
uas.
General
Sep
July
Jun
135
Aug
181/2
•
41%
80
Feb
69 %
32
•
11
15
»
263/a
110
100
5
common-
Jan
66%
common.
30
400
10
—
Dk
Feb
X643/4
Stores
40
60%
-1%
common—:
Great Lakes Dr &
53/4
661/2
•
200
53%
•
5%
100
-
1
70%
113
2%
common
2% Aug
1%
Mar
July
Modine
—
Razor
(W H)
40
52%
66
58%
A
common—
160
100
_
adjustment
National
_
—
Jan
14 % May
Jun
8%
.
Ry—
Employers Group Assoc.—
First
100
374
Co
333
6%
25%
Aug
93/4 Feu
53%
'V.
.—_5
A
common
7%
68
5
25
Mining Co
3%
48
Corp
2%
8%
72
III100
19
64%
26%
—25
Inc..
7%
16
413/4
69 %
xll2
—-5
common
7%
7%
16%
Prop Trust
Providence RR
&
45%
2%
100
100
pfd stamped
Personal
Boston
Cliff
3%
45%
rou
50
59%
10
Auto___;
Finance
Gossard Co
Leath
100
Common
7%
600
Jun
Boston ft Maine RR—
i
s
Jan
■:
—.„
class
America
Brewing
Gillette
1583% Jun
Feb
Aug
115
23i/4
--
100
12 Va
64%
39%
69%
—
Corp
Drive
•
Boston
of
(Peter)
Gibson
1
Boston
19%
11 %
common:.— —10
Corp
credit
General
2,811
51%
125% 125%
50
100
pfd.
Bigelow-Sanford Carpet 6%
6
10% Aug
*
com
General Motors Corp common—
Range Since January 1
Low
38%
513/4
19%
64 3/4
11%
--
—
Manufacturing
Four-Wheel
High
51%
155 */«
Feb
19%
1
common
Fox
8ales
Shares
38 5/s
•
Apr
8 %
112
(new).
Dodee
for Week
50%
AOU
33/4
Jan
4,500
_§
Woolen
Anaconda
Range
of Prices
300
1,400
*
Coleman (The) Co Inc.—
Commonwealth Edison enmmnw
$8,500
100
Tel
Tei 61
American
V
—5
preferred
Service
Flour
./American
common
Cities
Exchange
Sale Price
Hiah
3%
10%
jua
Domestic
STOCKS—
Low
3%
10%
*
Corp
Doehler-Jarvis
Boston Stock
High
3%
.:50c
Jan
July
BONDS—
series. A
5s
Range Since January 1
10%
'
—.
Chicago Rock Island & Pac
Chicago Towel Co common
40 y2 May
Aug
Aug
100
362
Low
-1
4
Corp common..,
Convertible preferred
Chrysler Corp
100
Fldenty & Guaranty—
Baltimore
common
Util common
Chicago
Jan
23
Apr
143
Biscuit
W
Cherry Burrell
Jan
16%
Mar
12
Gent it 8
Co—
preferred
Shares
High
Jan
2
35
^
5%
>
Sales
for Week
of Prices
L
Par
Carr-Consol
Shares
145/B
*
_
Sale Price
Sales
for Week
Range
of Price*
Par
Arundel Corporation
Baltimore
..Range
o*i..
Week's
Last
Sale Prloe
STOCKS—
Week's
Last
Exchange '
ir..irU
Friday
STOCKS—
Friday
Bankshares
com
common
_
•
'
i:.;.
_
.
1834 May:
83
July
33%
Jun
Feb
11%
Jan
12% July
143/4
Jan'
«■=
Unlisted
Stocks—
•
■
Alleghany: Ck>rp;
American Air Linepy liuCw—
American RadlaVpj^fc-St.San
Chicago Stock Exchange
1
~
3%
1
'
.
3%
3 %
200
7%
7%'
com.
7%
300
—
2%Mar>
■'/.
7% July
12% Feb
43/a May
9%
Jun)
16% May/
'
Friday
.Week'*
Last
STOCKS—
8ale Pries
.
Par
Adams
(J
Admiral
Aetna
Corp
Ball
American
Bearing common
& Tel Co capital-
Tel
High
Low
High
143/4
14%
15
100
14% July
153%
15%
700
7 3/a. Feb
15%
Bethlehem
Jun
15%
11
100
&
Asbestos
Athey
155
.5
common
Mfg Co common.
Products
Automatic
Avco
Co
Corp
Washer
10%
11%
153% 1C5
Belden
Mfg
Bendix
no
1C%
1%
450
1,100
2
6%
4
6%
6%
9%
148
Feb
Mar
,
12%
3,700
400
10%
1%
Sep
Feb
1,200
6 % July
3 % Aug
.4% Feb
V
3%
ISO
6%
7%
3,000
34%
3
common
34%
35%
350
15
Columbia
Burton-Dixie Corp
Butler Bros common...
footnote
<=pe
1
10
—1
System Inc
.
paee
...
44.
_
36%
37%
16%
15%
16%
May
Jan
Apr
7% May
—
(The)
Curtlss-Wright
—
,
Aug
20%
16
163/4
150
15 'A
343/4
200
31% Aug
9% Aug
.9% Apr
9%
•
93/4
10%
1,550
13%
11%
13%
1,650
&161/2
16%
16%
11%
12
•
50
500
*
12%
,
300
41 '
Feb
.. .
30%
36
Mar
Feb
373/4
Jun
15
July
18%
Jun
14
Mar
19% May
900
13
12%
10'%
I..;
10
10%
300
Feb
143,4
Jun
6%, Feb
10%
Jun
4%
12% July
A-'y -
4
10%
1,100
7 3/8
600
.
1
53/8 Mar
Jan
39%
General Public Utility
Laclede
Corp——_
40%
700
31% Mar
-12%
—
13%
200
12% Aug
14%. July
f.
1
4
/Gas,,Light—*—.—
Nash-Kelvinator
York
Corp
Central
North .American
Feb
18'/a
Apr
Pan
9% Mar
15 y8
Jun
Paramount
Amer
~5%
—
RR
8
18
*
capital
Co.—
33/4
~5%
300
...
--
•
Inc
-2%
new
com.
1
18
17%
:_io
Airways Corp
Pictures
1.
10% July !
42% May/
7%
>
Feb
53/4
Jan
43/4
Feb
6%
Mayj
Jan
July
May;
32% May;
118% Aug
100
'7% "7%
•
Farnsworth Television & Radio
13% May
13% Sep
16%
Feb
26%
92% Mar
1,000
16 3/8 '163,8
.
—
Graham-Paige Motors
40
34
—
/
Motors
Packard Motor Car
12%
...
For
_
363/4
—25.
&
i.
Products
Gas
Continental
New
...
.
Ry Co
100
v
Jun
43/8
Aug
163/4
_
•
new.
30
2% May
>8
30
343%
—
Berghoff Brewing Corp
Borg (George W) Corp
common
30%
^
30
—
General-Electric Co
3%
~7%
common
Steel
Canadian Pacific
100*
36%' -36%
—10
-100
4r
12'% May
158%
1
3
Corp..—
/Aviation
Co
10%
1
_
common
Manufacturing
Bastian-Blessi^g
_
capital—
-50
Corp.—
Jun
.
Armour
Copper-Mining
Steel
Atchison Topeko& Santa Fe
CCertaln-teed
»
—
.
Ranee Bines January 1
15%
1
common
Shares
Armco
for Week
Low
#
D) Mfg
Anaconda
Sales
Range
of Prices
"'b
5%
"
9%
23%
43/4
V-
9 lA
C :23
100
18
700
i—
--
—
5% v: 2,800
9%
200
rir
14s/8 Mar
12%
Feb
14% Mar
4%
Feb
8%
Feb
21%
-
Jun
183/b July
Jan
16%
5% May
11% Mayi
'
V4
23%
-
600
18% Mar
26% May
■
Volume
168
Number 4731
THE
COMMERCIAL
FINANCIAL* CHRONICLE
OTHER STOCK
(973)
37
EXCHANGES
RANGE FOR WEEK ENDED SEPTEMBER 3
Friday
"Week's. >•
Sales
for Week
Range :
'
•
Last
STOCKS—
Sale Prloe
of Prices
Par
Pepsi-Cola Co
Pullman.
Pure
Inc
Oil
Radio
I
-
Co
(The)
Corp
of
Low
—33%
—
Shares
Range Since January l
High
,12%
Low
12%, '
300
12 %
———•
—*
common
America
37
353A
37
400
12%
13
900
•
common
*2,5% Feb
Republic Steel Corp common
•
30 %
29%
—i—2%
•6 %
672
Schcnley Distillers Corp2_————_13A
Spoony Vacuum Oil Co Inc
15
1914
187b
193/8
79%
Standard
Oil of
Standard
N J
Steel
Oil
15
1
0 ^3
600
23
Feb
6 %•"*
500
0
Aug
7% July
14%
Fen
23
100
69 %
Feb
91
14%
14
147b
300
11%
25%
25%
100
16% Mar
137/s
13%
13%
900
9%
Feb
3'A
3%
3'A
700
2%
Feb
DETROIT
14%
300
12 7A
Feb
Telephone: Randolph 5530
15% May
3% May
17% May
*
14
14
15 % May
29
Jun
Detroit Stock Exchange
Week's
Friday
Last
Cincinnati Stock
Friday
Sale Price
Laundry
Mach.
Gas
'4%
O
&
T
Elec
29% Mar
50
"
5% Aug
24'A
24%
75
8.50
common
Sub
Bell
Formica
Gibson
10
Sons
i
100
common
41
*
Lunkenheimer
S
Printing
»
common
23
F(m
93
Jffn
80
Jan
V4
410
5
Mav
73
Tel
Mar
&
Tel
81
General
10%
21%
21%
120
19%
Feb
25% May
22'%
221/2
5
19%
Apr
24%
48%
48%
150
10
10
66%
66%
66
14
14
14
45 %
44%
45'A
176
_
_
_
Motors
481/2
Aug
58
Jan
14
7
Jan
10%
Jun
5
62
Mar
66 %
100
13
Mar
16%
40%
Feb
Hall
Lamp
Hoskins Manufacturing
Houdaille-Hei'shey
Augj
Feb
47 % May
Hcwell
Electric
Apr
i
10% Mar
%
22% Mar
2%
1.000
2%
Feb
37e
Jun
3 Va
3,100
3
Feb
4V«
Jan
8%
2,400
5%
Feb
91/2 May
1,192
52 'A
63 3u
1
Hudson
Motor
221/«
22 "a
113
21% May
29
Jan
68
67'A
6.7
483
62 Va
Feb
71%
42
52
40
Jan
491/2
Apr
47
47
12
47
Kingston
Sep
50
Jan
Kinsel
4
Mar
57/b May
3%
100
33A Mar
53A Mar
8%
S)
—
~
.
_
_
_
100
7
16
31/2
200
1%
245
1%
1%
1%
13,600
32%
Slay
39%
269
37
Jun
45%
54%
54%
52
3214
Feb
65%
Jun
Packard Motor Car
*
13'A
235
10 'A
Feb*-"
14%
Jun
Parke
*
206
148
10
10
25
4%.
28%
28 %
25
2434
39
40 %
64
64
28%
McClanahan Oil
100
_
Feb
4
Jun
Rickel
i
Jun
River
100
IS %
12%
Feb
18'a
Sep
Sheilcr
371-8
Feb
42%
W)
230
12"
4% Mar
16'
a
Fe b
22'a Mav
Udylite
12%
30
1178
A :.V
23%
Jan
Warner
25%
Feb
41 %
M.-y
.110
12'
19%
1
20
7%
10
4V4
Feb
27'A
790
4'A
671
26Va Aug
4'A Aug
305
18%
Si/fe
r
?r u-
M
2b
%
r
Feb
i.
? ■'
;;
J
100
3'A July
4
Jan
200
6%
87a
Jan
11
425
150
5
20 %
20%
1
10%
10%
'
Feb
1
1 %
1%
400
1%
Feb
1%
1
600
1%
Sep
Products
1
Los
Li)
1%
Last
B;tnd:n1
5.
Petroleum
I
'
.i
i
..loo
.
a
0J
Low
153'%!'. 1
39:,n
*
:
h
:%
1
i-
16
C
nd Elect
>ia
Iliamin
no
com...
J
76
1.00
Ke
i '•»!'?]
Ovs <Uli)
'7!,
f
i.
ii/ing
.
«-
:
Electric
Motors
GtttfeSen
Gf%<
i
(Un)
—10
a 4:
s oir.mun
ci.es
Irfterlak:
<J oik's
.
.
a
c
Id I
Lamson
til.
-
J
14
31'
4
-
13%
22
2?
34'-/:
41%
41%
A" '
v.
1
.
4
9 Va
.——10
441,2
34
E
Nestle
Y
Le
Mur
Central
u
33
Oil
Packer
Corp
Standard Oil
63 7.
43
,1 'i'
65
3'J
22
Ma:'
33
Aug
14'%
Mar
25
48
33
200
38
30
24'A
33%
(Ujn)
—-50
Feu
Jan
33
Feb
42-
July
4% Mar
6'A
2%
Feb
5
6%
200
4%
Feb
Feb
33
Jan
48
■
26%
Feb
43
45
32
Jan
36
Feb
22% May
115
12%
35
77b
Feb1
% 30%
203
22%
Feb
142
41/
Feb
24%
Feb
a
43%
(Un)—
10
a28% a28%
«
a78% a8l%
T""i
Motor
Youngstown Sheet & Tube—
.44
18%
1B'%
a80% a807a
95
35
Apr
Jun
Co
Motor
footnotes
see
page 44.
Feb
16
Sep
15'A July
20
Mar
8
Aug
61/4
Feb
7%
Feb
13%
15
J an
Jan
38%
20% Mar
Juii
31'/a
Feb
Jan
-
13%
20 Vb May
Feb'
54% Feb
65%
550
123A Mar
20% July
Feb
20% July
16
1.7,0
5%
Apr
450
'
29 'A
Feb
-13
1
100
70c
70c.
class
7%
-
Jun
7% May
49
127b
9% May
Aug
Jan
Jun
7
A
Inc
Jade
Oil
Lane-Wells
Los
10
Jan
15%
Jun
915
61
Mar
6478
Jun
4'"%
405
39
Mar
45%
Jun
293
121
92
Feb
11%
1,075
10%
Aug
5
1,36'J
1.5o
17%
50
14
250
Co_i
17%
a
—
Corp
Investment Co
17
350
10 % July
97 %c Feb
1.45
1.40
19c
19c
IOC
1,100
10
10%
1,440
44%
44%
25%
25 %
1.25
1.35
22%
23
5
—
10c
1.35
1
____100
17a
l
Nordon Corporation Ltd
1
83% July
24% May
65y2
Northrop Aircraft Inc—
1
Occidental Petroleum Corp ——1
87% July
Oceanic Oil Co__
1
44'A Aug
51
Apr
614
20%
30
7,300
770
46
:•
1.20
3,100
1.75
7
Diablo. Oil Mng & De.v Co——1
67% Mar
681
„
•',/ Jan
500
7
-J."
'
14c
14c
1VA
42C
2.55
2.50
-43c?/•
2.60
8%
Jan
1.10 Mar
U'A
270
95c
6y«Mar
6,000
480
.
70Q
2,700
July
1.80 July
'
9 '
14c
Aug
6% Feb:
35C
Mar
1.95
1-5't 7' ■«:
D'F
Feb
-
':.f..
May
24c
Jun
13% May
70c
.
Sep
3% Mar
1.55
l.Oo Mar
,,ft
Jun
300%
?
Feb
220
Apr
1.60 July
JanA
1% Jan
Feb
24%
Jan
1,100
•
14c
11 '/a, ll'A
-
Jun
15
1.05
——
1.70
34c
Feb
2
,
19c
434 May
17%1 Jun
Aug
1.75
1
18% SepM
500
300 300 Va
1
83
1.50
Jan
5% Aug
22% Jun
187/s Mar
3% Aug
11 %
July
14'A
Sep
a3%
10%
National City Lines Incx,
137a
U'A
1
Co
Aircraft
131
<
15'A Mar
a3%
1
•
Jan,
11%
10
ii.'
Menasco Manufacturing Co
Merchants Petroleum Co
Mt
300
13%
^33'Ac
Corp
Co
Petroleum
Angeles
a
--
Jun
a
10c
Corp
Land
117a
5 'A Mar
Jan
Mar
320
63 3 4
4 37
6.66%
Co
Feb
•
__i
Petroleum
295
>11
47a
_*
common:
95c
11%
5
J.—1
Co...
Car
30%
Feb
t
63 1
..."
1
2.208
• /:
13'
Jan
45'Lj
63%
common.."
common..
',
io
21. %
60C
-
300
13
10
Co
0
3 Co
F ""F"*
For
Feb
Lb
90
6r'j;
__.l
100
Feb
230
■
00
m
43%.
B„_^2
Corp
Foods
Lockheed
15
Jun 11
31% Jun '
47
Oil
Hotels
Lincoln
,
29
Corp
common
Corporation
Aug
16%
197a
Corp
Development
Kern- County
Jun
36
(The)
KaLser-Frazer
Jun
70
Tele*'
Independent Exploration Co
7,
Jun
18% July
12%
40
197b
: 6
a
al0;i» alU
Bk.100
Radio
Intercoast
Jan
17%
195,
•i
iu L:
I
Hunt
May-
45
A.
Hupp
Sep
100
al2%
—
Hilton
Holly
37% July
lb/* Juii
250
4
UCU
50c
class
&
Hanbock
July
4%
6.95
lb :-4
a 6014
1
Inc
Ltd
Motors
Hudson
4'
52 %c
10 Vo Mar
29
.
Jan
33
U
750
1
Goodyear Tire & Rubber Co
Jan
40 'A Mar
LO
Jan
.1.940
Corp cum..*
Merchants Natl
&
General
Feb
12
20
29 % Mar
Jun
77 %c
u
11
19 •"'
-
Corporation
Garret
Jun
50
Co
Panisworth
Jun
a363A a37
,
Fanners
May
17
50
Industries
Exeter Oil
Jun
28
36
Jun
28 3/a
r
8%
11%
.20
May
Mar
Jail
7%
Feb
103A
,
y.mou
Dresser
Mar
31%
Aug
14 9.
1
2.50
i
14
81
16
20
Steel
4%
21%
28
Corp
CL
16% Julv
L7%
of Ohio common...
US Steel common
■•(White
J
50% Mar
510
35
I'
investment
High
h no
v
45
(Un)__
%
.
6%.
/.—
of Amer
Republic Steel (Un)
Riehrifah Bros
'
4%
B
Radio Corp
r. a.
i
Feb
J al
4%
A.._
(Un)———
Pennsylvania RR
4.8
.1
21
100
38
RR (Un)
class
it
Low
5
a
.
Jnn
7 )
11%
■*
i
Offib 'Brass
Ohio
class
51
103
11%
;
class
Aug
4
*
com
Chrysler Corp
Jun
ttb
200
a35% a353!?
& Sessions
G)
% J uiy
7 7
2a,'.(
34
-50
..
Portland. Cement
M^frdpblitan Paving Brick
National Tile & Mfg_
2
J
a •'.
14%
44%
22
....
M$fCeQ'(A
%
;A
2% May
2 'A Jan
Range Since Mmstff I
High
.i
Cu'taia-lecd ProUucis Corp
Jan
31% Mar
13 'A
5
Mecjuga
N
0
17:j
Jari
1
—1
Apr
::
31%
.190
Steamship.
Laughlin Steel (Un)
&
Pecking Co-'p
Jun
i..
Centra.',
'
A
common
Preferred
45i7
23
81%
■
HsUlb Bras
CL "...forr.ii
Aug
75-V4 Mar
'
CJ
■
15%
Jun
12
2'0
*
Englnc-erhtg
23%
C..npen,ge
.
Western
a62%
14
33 1
.
Corp.
Consolidated
a40'A a40'
-
Tiiwing
Ere.,.
Oil
Conuiiiii'trd
s,
Stores!
Lakes
Gre.il
fUn)_„
(Un)
Co
Gfay Drug
c'O
l
.
Creameries ui America
10
23%
Sales
7%
' Cbicsi
"1 1
63
common
13.
■
lu--.
2-0
a
....
common
J 6 17
10", 1
.ion
4%
-.200
4-\p;ki:- nee-,
'
■
17% Mar
10
Shares
1
—
Co
:.n-
Low
1
Consolidated
■
:•
1
General
)
.
1»0
Sep
Juu
for Week
Range
of Prices
10
—
a 27
39%
.
Raiirr, d / Un !
37
,'
Company
common
a44% a/ (
-
a44%
LNO
»-,k%
Li
2bF. Mar
7
a27%
•
"j
alio1!/ ct'.o
11
16 3A
150
%
Feb
Feb
300
Week's
Sale Price
Broadway Dept Store
24 "i
167
1":
■B'iUi
4% Ma
1%D
147% Mar
/.
10
On
High
2% Mar
107%
'iL |
ConSOl
Range 8i*©e JaaBary l
16%
C-
i:
res
a3%
;Ui
i
r
Pa-:.in
Ik.mi.
iVcel5
fell a
Hiwi
Bod'
CM*
o
for
of Prices
Low
E>.os
V'-jt;n'ca 11-i:\iorr--j-.v
Range
Se
sle Price
8%
12
Angeles- Steck Eiclaigs
Friday
Week's
Par
Sep
14%
,
Jun
Baiker
Friday
Feb
3%
6%
10%
2
54% May
33
■
■
G%~ Jan
25%
.Tun
*! ->',
.
Screw
10 3 4
Par
-it
fv
6 %
"2
14%
Axle
Aircraft
rc
•
-
Sep
f1
Corporation
Wayne
6
Last
•<
.
Jun
5% May
333A Jan.*
3%
5
STOCKS—
••
31/8
Jun
20
67 'o
34
50
|f'3 Vf
18%
Jan
2 'A May
Jun
93
Alar
'
1-
15
b
1.
22
1
a
Feb
1 IF;
i
:
48'%
78'
2.790
18%
.10
Timken-Dctroit
5% Mar
55
12'A
5 Vb
2
Paper
Manufacturing
19%
.2 30
%
Jan
2
jun
(H
18%
Bearing
<
May
17b May
373A
Feb
26%
—
;
Raisin
12%
36%
2'A
1
Motors
42 '
200
4'A
f
Peninsular Mtl Prod opmmon——
Reo
64 !
100
2%
__
—
12%,iuly
July
1%
2%
4%
2
—
Davis
Mar
25%
Tel
4 'A
Feb
IV4 July
11/4 Mar
common
31 %
,
if.
Feb''
32
_
Scotten-Dillon
18 %
i
-
.
'
Sugar
Stamping
50% Mar
.5
"
in
Jun
Jun,
1% Mar
331/4
1%
_
Michigan
20
*
37
."i
8'A
22'A
Jan
54%
Feb
Feb
3'A Mar
650
36%
3874
50
each
Jun
Jun
100
1%
Jan\;
15 3A
18 v2
7
3%
9
Feb
177b
36%
38%
33 1
%i>>• i>
77/a Mar
14
7
1%
Jyn
Sep
14'A Aug
177s
36 %
158%
.
r:
100
10
._
Feb
1537b 154%
191
Ar.u
1,100
1
_
5 %
100
14%
1
—
8 VB
14
14%
1
(S
Jan
220
14
—
Products
Jun
8%
4,140
37/a
*
Drug
647/8
6%
1
Car
Feb
May
5%
--
Jan
41
'
37/a July
13% July
26
5%
'■>
_
64%
2'A
51/2
5
Motors
400
550
2%
-
_
Jun
Jun
200
5%
_
67/a
213A
12'A
63%
_
■
Mar
8
1
—
3%
4
20% Mar
241/2
1
_
816
4,158
3%
—10
_
Corp
5%
21
12%
—
Mar
Motor
Roller
10'A
Apr
..."
V-V.-m i,E'rcc
6'A Sep
3%
1
_
Gerity-Michigan
Brewing
Graham Paige
Goebel
.*
......
500
2%
25%
_
c 1;
jun
6'A
..1
_
_
_
Feb
101/8
24%
—
1
_
436
Central
Corp
_
Apr
23
Mar
21
Jun
10%
.
6 V* Mar
20%
12'A
1
29%
7
l-vnusv'tvuia
lia'i.n
General
Jun
National
Oil
Ran::;
_
High
26%
Feb
9V2 July
425
Jun
21%
21
1
-
—
25
Motors
Oil
Stove
Corp
200
19
7%
5%
20
28%
Light...
Electric
York
Steel
Frankenmuth Brewing
Gar Wood Industries
Jan
Apr
...it)
General
1 arc
Detroit
.Tan
6'A
<%Jf-
t u
Detroit-Michigan
22
'
7%
1
Electromaster
81/2
71
1
A:
21%
—
5
___
—
_
29'A
Wright
Power
160
6'A
154%
lo
Dayton
Pacxa
Jun
_
Iron
98 3A May
276
Gas
Cur lias
Pe;'si
Jun
Gray
_
10
Ohio...
435
9%
..1
..
Nav
loo
Service
Columbia
Ohio
%
Edison
Cleveland
12%
&
22
1
_
Detroit-
May
102 '/2
29
___10
Bros
&
Kresge Co
Coip
Chesapeake
New
-11
%
5o
Steel
Cfires
Mar
7
%
Lotc
23%
9%
__
Range Sine* Jaaaary 1
High
22%
1
_
Paper
Detroit
Stocks—
American
Armco
Davidson
Jun
9%
"
Preferred
Unlisted
May
26'A
22%
Proctor & Gamble
2
—
Continental Motors
Detroit
8
35
76
7
Feb
510
.
-
Shares
Low
Jan
8%
«
Kroger
U
75
*
■
6
32'A
9%
«
Hatfield-Campbell. ..common
Participating preferred
28
94
6
18
100
97
6%
*
Insulation
iE
26%
94
50
....
8
96%
25
Tel
Art
Kahil
277/B
20
Crosley Motors
Eagle-Picher
8
100
common
Cincinnati Street
Cine &
8
Products
Rubber
Consolidated
High
50
5%
*
&
P
Low
30%
5%
Fibre
preferred
N
High
30%
Corp
Cincinnati
&
Par
for Week
Range Since January 1
1
Churngold
-
Shares
20
Brummell
Champion Paper
C
Baldwin
Metal
Sales
Range
of Prices
Sale Price
..
American
for Week
of Prices
Low
STOCKS—
Sales
Range
Par
American
Exchange
Week's
Last
STOCKS—
Beau
Associate
Chicago Stock Exchange'
Ford Building
Jun
Feb
New York Curb
Jun
79%:/
Exchange
Detroit Stock Exchange
32% July
2,100
25%
*
...
& Co common....'
Members
New Yorjt Stock
11% May
31% Jun
1
T
1
f!ort>
Wilson
Jun
Feb
Feb
1
—
common
Corp
f'
May
29% Aug
25
Spring
Studebaker Corp
SUnray
._
WATLING, lERCHEN & CO.
Jan
Jun
42
8
1
—
23%
•'."45"
7%
Ratiio-Keith-Orpheum
Rexall Drug Inc.
High
iAqg
42% July
l::
Apr
2.90
Jun
.
j
38
'
(974)
OTHER STOCK
a
Week'i A
Last
5%%
1st
Pacific
10
common
preferred
i,——-—
a343A
25
...
-.■■■
Petroleum
Republic
Co
Oil & Gas Co
Low
600
15% Mar
21%
Jun
Standard
Oil
620
30% Mar
36
Jan
Standard
Oil
100
28% Mar
32
July
Stone
Webster,
Julv
Swift
30%
30%
—
common
355
47% Mar
30
28
Aug
&
25
278
22
Mar
32
5
1,039
25
——
1
4%
V
6%
6%
6%
Rexall Drug Inc—
&
Co
(N J)
Inc___
Corp
Company
i-—.:
1,010
Corp
Ryau Aeronautical
Safeway
Finance
Roebuck
Sears
Security
38%
Jun
Texas
Texas
Gulf
6%
5% Feb
7% May
__
25
..
—
38%
1,285
5%
5%
1,410
5
*
17%
18
18%
3,775
38%
38%
39
1,655
50
49%
50
115
11c
12c
11,000
171
-30
Company
125
17%
18%
Co
Sulphur
Co
Tide Water Associated Oil Co
85c
Feb
15%
Jail
Corp——
Signal Oil & Gas Co class A
81gnal Petroleum Co of Calif
172
40
Sinclair
Oil
30c
32c
2,900
26%
985
297/a
1,203
.-250
—
*
30c
♦
Corp—
26%
-
4% Feb
Jun
Union
Carbide
7
Mar
Union
a65
17% Mar
4.43%
4.56%
preferred
20 y8
Apr
Aircraft
preferred
Feb
417/8 July
Calif
Southern
U
Standard
Oil
Transcon
S
Rubber
United
Air
Feb
55c
Feb
32%
Jun
25
Mar
40
36
Mar
com_50
26
May
28
26%
918
24% May
28%
500
22%
25%
27% Aug
342
32%
Fob
347/8
Pictures
Bros
Woolworth
Co
686
44%
Feb
840
55
Jan
72%
13%
13%
851
Steel
al4%
Corp
Lines
11%
2,288
9% Feb
10%
Feb
Par
13%
this
75
13% July
21%
Feb
426
67% Mar
83% July
40
40
350
40
July
a7%
72
7
Jan
__
10
6%
Co
Mfg
Smelt
•
American
Tel
Viscose
Refg
& Tel
*
Co
&
Bethlehem
Works
10
a29%
10%
May
*
Chrysler Corp
class A
Co
218
7
15%
Mar
48
General
Mar
National
16% May
65
148 Ya Mar
Aug
64
Aug
Feb
40%
27%
Feb
Sep
15
May
Jan
4%
117% July
Feb
91
Pnuco
7% May
17%
Feb
44
Jun
Scott
Feb
37%
Jun
Sun
5
28% Mar
39 % Mar
42% July
&
61%
60%
a
__
8%
Southern
Co
a23
26%
26%
3%
Corp.
Y)—.
(N
.
a23%
27%
(The)
Co
Curtiss-Wright Corp common
Corp
Gas
Share
&
General
Foods
General
Public
10
Feb
July
6%
Feb
10
Feb
69
F)
Corp
Ry
Iron
a59%
13
of
42%
40
Lone
51%
Feb
Apr
3%
Feb
5%
Jan
11 Va
Feb
10
Feb
33%
53
Apr
62
13%
12%
Jan
16%
58%
Copper Corp
58%
42%
Feb
59%
4%
Feb
9%
93A
8%
Feb
16%
16%
16 %
Aug
a54% a56%
48%
Feb
& Libby
Inc
Distillers
Central
Aviation
American
1
10^
15% Mar
21%
251
18%
Feb
18%
2,450
12% Mar
——.
-100
12
16
a 16%
a22%
a23
36%
9% Feb
12%
a37
Motor
American
Car
Airways-
Pictures
Pennsylvania
Pepsi-Cola Co
Dodge
Inc
•
of America
Radio-Keith-Orpheum
Republic
•
Company
Corp
Republic Steel
13
-
•
Corp
30%
Southern
Brands
For
footnotes
Inc
see
1.75
15
Railway Co
Standard
-
-1
——• V a48%
——...
page
44,
23%
3,763
21%
Feb
24%
39%
259
28
Jan
45% July
21
Aug
26% Aug
23% July
28% July
16%
27% July
'
21%
22%
547
26%
27%
482
24%
21
70
39% Mar
50% May
50% Mar
70%
60%
30
82
3%
620
21%
3
20%
Feb
24
365
45%
68%
79
"3%
70
28%
45%
70
700
Apr
Jun
Sep
82
Feb
3% May
Feb
2
20%
23 % May
Sales
Week's
for Week
Range
of Prices
-
Range Sine* January 1
Shares
High
Low
High
33%
Jun
25
Feb
16%
13
Mar
13%
10%
Feb
14%
28%
25
Jan
30% July
10%
24%
25%
21%
36%
36%
23
23%
36% Aug
18% Feb
16'%
12%
Refractories com.
Co
29%
8%
7% Mar
21%
6%
Feb
19% May
Jun
10 %
Sep
27
May
36% Aug
23% May
21%
Feb
9
Aug
11% Mar
8 %
24
July
31
33
Mar
52%
Jan
35
—10
35%
1,251
34%
Feb
39%
Jun
8%
50
7%
Feb
10
Jan
8%
245
30
70c
Aug
1
10c
Mar
19c
80c
1,050
lie
12c
3,025
32%
32%
_*
38'
38
33
37%
38
.50
| 27%
28%
80c
Brake
Cori
Electric
Si. Louis Stock
Friday
Jan
May
35%
Jun
Apr
38
Aug
32%
Feb
39%
Jun
25%
Feb
33
Jun
27% Mar
50
Sale Price
STOCKS—
Par
American Inv common
Tel &
17%
27%
40%
Jun
5%
4%
Feb
5% May
a9%
8%
Feb
11% May
24
18%
Feb
for Week
Low
1
17%
155
Tel
1
common
18
1
Range Since January 1
Shares
LOW
High
16%
60
17'%
153% 155
-
13%
Jan
543
150 %
Aug
High
19
155
Jun
Sept
Apr
20
Jun
25
2G3A Mar
31
May
42% May
17%
18
28
28
38%
16
250
26% May
20
Sales
Range
of Prices
Jun
Feb
Mfg
,
Exchange
Week's
Last
Bottling
*
40%
233
31% Mar
62%
64
250
51
General Shoe common
1
26%
26%
Griesedieck-Western
6
66
67
16% Feb
Aug
22
57
May
43
42% Aug
25% Feb
49 % May
a35% a37%
12%
8
13
'
8
Feb
Mar
44
May
15
Jan
11
May
Brew
.
_
--
1
Laclede-Christy common
5
40%
5
Knapp-Monarch common
Jan
41 % Mar
(Un)
Huttig S & D common—--—
Hyde Park Brew common Hydraulic Pressed Brick common..
21% May
12
—
10
General Motors common
Laclede
Gas
Laclede
Steel
8%
3% Aug
31% Jun
Rice-Stix
32%
10%
14%
4
Sears Roebuck & Co
100
42%
543
10%
40%
955
14%
14%
32
30
6
650
32
30
'
68,
Aug
33
190
17
■
5%
20
—
38
41%
Aug
Jan
May
Mar
42%
Jun
14
Aug
24
Jan
45%
Jan
39% Mar
8
14
4%
28
Mar
Aug
Apr
Mar
-10% Aug
17
Jun
6% May
33
Aug
19 &
Jun
137%
Jan
7
Feb
5% May
22% Feb
—
42%
,—
,
common
30%
—
1
65%
31%
36
252
Mar
25% Mar
50
17
38
4
common
a3%
29
a28% 629%
18%
19%
a48% a49%
a26% a26%
26
~
Feb
Apr
Portland
Missouri
St
Schenley Distillers Corp
Socony-Vacuum Oil Co
22%
10'A
8%
50c
May
28%
a3%
1
Corp.
Pictures Corp
a37 %
Apr
Jun
May
7% July
38%
29%
Alloys Steel
Coca-Cola
26%
43
Inc
Oil
48%
Oil & Gas
Westinghouse
Jan
15%
a55% a56%
Corporation.
39% Aug
Mining
Toy
Burkart
16%
19%
——————
30
Fuel Supply—
13% May
al2% al2%
Railroad Co
40%
Gas
Star
Jun
Apr
Feb
5
Co_
40%
—
*
1
13'%
General Electric common (Un)
a
22 %
Electric
&
Westinghouse Air
18% July
a
Company
20% July
Feb
21 %
*
22% May
23%
Northern Pacific Rwy Co
Jan
16%
1,557
22%
Apr
105
12% %
—
18
3,823
Sale Price
Apr
19%
a20
—10
1,836
20%
5% Mar
38%
63% May
a9'A
Co
19%
18%
*
6% May
17%
Inc
18%
Brewing
American
American
6%
40%
•
Vanadium
Jun
18%
RR
1
6%
50
Shamrock
Jun
18%
Corp
San
July
al9%
Corp
Prod
7% May
Apr
Jun
6
Light Co
Montgomery Ward & Co Inc.
Feb
%
Jun
11%
a60
13%
Corp
4%
Renner Co
13% May
25% Mar
14%
a31% a31%
a60
Tel
41
173
19%
*
Pittsburgh Brewing $3.50 pfd
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
Jun
6
Tel
Nash-Kelvinator
48
16 %
14%
&
37% Mar
11%
May
\l
Mackintosh-Hemphill
July
45
Jan
65% Aug
13
6%
Steel
Joy Manufacturing
Jun
15
53 %
3%
18% May
56%
Jun
Feb
45
Feb
%
.-
Harbison Walker
Jun
Mar
32
a59% a59%
15% Mar
6 %
Pitt Brewing
Fort
26% Aug
Feb
3%
Canada
International
Pure
1,175
18%
18
*
-3
Co
Gas
Columbia
Duquesne
12% July
16%
11%
Paper Co
Radio
16%
6%
1
*
50
common
Ludlum
Allegheny
July
34%
pfd
Co
Corp
Nickel Co
Pullman
2% May
13% July
15
_
7
Light
&
Jun
Jan
Mar
Low
Jun
12%
12%
Co
International
Phelps
65%
1
7
Fed
Last
Jun
33%
a38% a40%
Corp
Utilities
Northern
Paramount
Feb
52%
100
120
«%
Friday
Jun
Feb
9%
40'A
10
Feb
.20
13%
40%
Feb
4%
10%
13%
Mar
7%
12
a26 % a27%
—
5
Co
Greyhound Corporation
Pan
215
2%
12 %
150
STOCKS
16 % Mar
2%
a7%
12
Graham-Paige Motors Corp
Packard
60%
59%
Pittsburgh Stock Exchange
Mountain
Oil
11% May
12%
10
50
Improvement
28% May
21% Mar
3%
a24
a7%
1
1
A
General Electric Co
Ohio
Feb
12%
Corp
common
X——
Co
3% July
24% Jun
12
North
8
2%
Jun
.*
(Del)
Corp
Publishing
North
65
50% Mar
Jun
Apr
50
York
Apr
10%
Apr
27% Mar
New
74%
49%
Jun
14%
a29% a30%
Nat
Feb
May
Feb
25% Mar
a9% al0%
Corp
19
24
12%
a22%
11% May
10%
a54%
12%
—
a61% a61%
McNeil
50
70
235
Tacony-Palmyra Bridge—
Class A participating
United
61
a30%
Loew's
Jun
70
814
common
Paper
United
63%
33
a61%
LI b ay
17
51%
preference common
div
Oil
July
65
Mar
53% Mar
a54% a56%
Inc
Feb
Mar
10
15% al5%
a 52%
Jan
47
:
10%
10%
"
Aircraft
Gas
Feb
Jun
37%
Feb
.5
Kennecott
Jun
12%
64%
Reading Co common
16% July
30% Mar
.5
Laclede
158%
60
Jun
Feb
Feb
23%
Zellerbach
Interlake
147% Mar
15%
16%
Corp
Corp
$1.40
Continental Oil Co
Int'l
899
15
51
Public Service El & Gas com
27%
a40% a40%
Power
Blaw-Knox
Great
153% 155%
62%
Pennsylvania Salt Mfg common
Philadelphia Electric common
31% May
10%
37%
Edison
(B
Apr
Jun
a7%
Goodrich
27%
16%
Pennsylvania Power & Light
Pennsylvania RR ——
157% May
64
32
23%
System
Bond
22% Mar
11%
—
May
12%
32
Motors
Pennroad
.1
Class
202
63%
Lehigh Valley RR
Jan
Continental Motors Corp
Electric
High
LOW
24%
*
10
10
7%
12% Mar
37%
Commercial Solvents Corp
;
Commonwealth Edison Company-.
Curtis
60%
*
Lehigh Coal & Navigation
23%
Railway Co.
1
Range Since January
High
23%
13%
4% May
10%
16
32
Service Company
Crown
Shares
Light
41% May
33
15%
15'A
a38% a38%
Caterpillar Tractor Co :
Vultee
for Week
Battery
Power &
Storage
July
•
Pacific
Commonwealth
7
—
15
5
Jun
Sales
Range
of Prices
9%
—
2%
1
__
Publishing
Mar
Corp
Co
(The)
Company
Consol
70
50
Co
3
5
Airplane
Consolidated
11% May
49% Jun
Corp—
34
Corp
Steel
Gas
153
all9% all9% al20%
100
Company, (The)
Columbia
12%
10%
5
Boeing
Cities
a36% a37%
a28% a29%
13
Co
Borg-Warner Corp
Canadian
a37%
3
Co
Borden
Budd
45
290
392
1,575
Ry—100
(Del)
Ohio RR
Oil
Aviation
Bendix
1
Fe
Santa
Locomotive
Baltimore &
Barnsdall
431
a69% a69%
5
Mfg Corporation
Baldwin
75
130
70
al54% al53% al55%
50
(111)—-
Topeka
34
a7%
j.4
Copper Mining Co
Armco Steel Corp
Atchison
34
al5
al5
a58% a58%
100
Co
Corp
Anaconda
Avco
2,400
363
a7%
a7%
al5
a58%
3%
3%
__
-1
&
American
Co
3%
Corp.*
Airlines
&
15%
partic preferred—
Budd
Electric
1
Allis-Chalmers
Armour
33
Feb
week
American Radiator & Stand San
American
Feb
7V8
44% Mar
143
44% July
a7%
Securities
Curtis
Corp
American
25%
360
70
155%
13
Works
Locomotive
Bankers
38% July
a78% a81%
Baldwin
20% May
479
*
100
& Tel
American Tel
Delaware
Alleghany
10%
173
Week's
Low
24%
American Stores
Jan
Stocks—
Unlisted
—
a457/s
Last
Stocks—•-
sold
None
120
28% 28'A
10 10%
'a45%a46%
Sale Price
Cooper Brewing Co
Mining
24
Friday
15% May
34%
34
—
1
__
STOCKS—
Jun
al4% al4%
a80%
10
Inc
11%
__
•
Co
Oil
—
.—12%
;_1
10
62% July
64
5
70
615
Philadelphia Slock Exchange
Jan
61%
25
.
3%
a44% a45%
11'A 11%
3%
5
Inc
(F W)
July
64
common
125
al3% al3%
—
29% July
Jan
61%
Air Inc
608
309
41%
—
10
—
Feb
28%
455
Co
Jan
23%
__
11%
41%
a89% a92%
a90%
——5
42% May
300
61%
13%
a21% a21%
30% July
39
27%
•
__2
17
30%
V.
:
Mar
15%
•
1
Consol
Western
29c
Calif
California
States
Universal
—
Westinghouse Electric Corp
Willys-Overland
Motors
Inc
July
34
Corporation
of
May
34
Western
&
Oil
Union
22c
180
34
of
Co
Transamerica
Sep
Feb
pfd cl A_25
Oil Corp
Sunray
He
122
Company
Pacific
Southern
Co 6%
Gas
Co new
Corp
Lines, Inc——-10
Corporation (Del)
1
United
52 % May
28%
.
57%
41%
Air
Mai-
32%
46
26%
23%
25
11% Mar
25
120
107
a26% a27%
*
Co—
Carbon
&
United
Jun
23%
26%
-25
-
27%
—25
cumulative
__25
convertible
4.32%
..
Feb
20% May
15 %
39
29%
Original preferred
cumulative
52% Jun
OR,/- Tm1"
423
71%
a63 ' a65
-26% 26%
—
Pacific Railroad
27%
Southern Calif Edison Co Ltd com.—25
4.83%
57%
Mar
38
179
1.30 May
49
Warner
Trading
Sierra
216
577/a
——*
'
10
Company
Jun
4% Aug
United
Co
&
37%
5%
—1
Company
Inc
Stores
Seaboard
•
common
100
92%c 92%c
—1
Oil Co—
Oil
High
Low
46%
a78a79%
al67/e al6%
26
26
a33% a33%
__
Range Since January 1
High
46Vi
a79%
Twentieth-Century-Fox
Rice ftanch
Richfield
Shares
Low
23
25
•
1
25
(Ind)
Co
for Week
28'A Aug
53
.1
..
—
53
55
a283A a28%
a28%
Range
of Prices
Par
19%
Sales
Week's
Last
Sale Price
High
Studebaker
Lighting Corp common
*
.
STOCKS—
fannary 1
High
18%
*
Puget Sound Pulp & Timber Co
Reserve
Shares
a34a34%
19%
—25
Corp common
Pacific Gas & Elec
for Week
Low
Par
Friday
Sales
Range
of Prices
Sale Price
EXCHANGES
range for week ended September 3
r
Friday
STOCKS—
Pacific Finance
Monday, September 6, 1948
THE COMMERCIAL & FINANCIAL CHRONICLE
;
1st
Pub Serv
Louis
Cement-
•
15
Feb
23% Jun
Securities
Investment
Feb
47
Stix-Baer
&
25%
Feb
28%
Jun
Wagner
25
Fuller
Electric
pfd
_
common
common
17%
2
_
17%
131
5%
5%
38%
38%
98
38%
100
98
574
10
75
15
100
16% Aug
131
5
32%
95
Aug
Aug
Feb
Mav
42% May
July
100
15
5
15
16%
131
50
class A
35%
May
...
preferred———. ,160
53%
15%
80
13
Feb
17% May
53
53%
100
48
Feb
55%
Feb
Volume 168
Number 4731
COMMERCIAL
THE
&
FINANCIAL
OTHER STOCK
San Francisco Stock
Friday
■
STOCKS—
Par
Air
Reduction
Alleghany
Co
(Un)
(Un)
Power & Light
American
Amer
Radiator
Amer
Smelting
Stan
&
San
American Tel & Tel Co
American
Viscose
Woolen
•
(Un)——100
(Un)
Corp
Co
(Un)
High
Low
i
220
22 7
3%
3%
200
2%
Feb 777
9%
95/a
100
7
Feb
15
-
'
11%
Jun
15
3^3
12% Mar
16% May
130
51%
67
154%
;154% 154%
1,143
__7 a695/8 a70'A
145
Jan
143% Mar
•
50'A
52
51%
52
570
37
37%
37%
311
31
29%
28%
29%
961
10%
a 117%
640
10%
Sep
364
89%
Jun
28% May
5^:10%
May
Feb
20
Jun
70
"
Mar
37%
r
155
Feb
50
Copper Mining (Un)
Anglo California National Rank
4% May
a58Va a59%
__
_•
Anaconda
-7? 26ft May
Sep
a585/a
—.14
(Un)
High
22%
—
*
(Un)—_•
Refining
&
American
(Un)
Range Since January 1
__
—I
Corp
Shares
:<■*
22
—
(1
Bale Price
■'
Par
for Week
of Prices
Low
*
Friday
^Week'a
Sale*,
laai*';.f! Range; for Week
STOCKS—
Sales
Range
Sale Price
SEPTEMBER 3
Exchange '
Week's
Last
Feb
57% Aug
40% May
32% Jan
Macy (R H) &
Magnavox Co
Marchant
Marine
Calculating
Matson
Navigation Co
McKesson
Menasco
•
(Un)—.18
Inc
Morrison-Knudsen
(Un)
National
Distillers
&
(111.)
Co
(Un)
Atchison Top & Santa Fe (Un)
Atlas Corp
(Un)
;—
Atlas Imperial Diesel Engine
Avco
Mfg
Baldwin
(Un).
Corp
Locomotive
Bank
of
Bendix
Oil
Co
A_——w*.
N
(Un)
Aviation
Corp
Bethlehem Steel
(Un)
Bishop Oil Co__
Co
(Un)
(Un)
Borg-Warner Corp
Byron
Jackson
Calif
(Un)
Co
Case
(J
Celanese
A—
Tractor
t
Voting trust
Chrysler Corp
Cities
Service
Clorox
38
,
Jun
37%
Jun
Jun
—
a40% a41%
40
41%
__
a60% a60%
75
59
Aug
64%
__
a31% a31%
30
25%
Jan
34
(Un)
Co
—.10
———3%
*
common
38
*
Vultee
Aircraft—
Oil
__
1
(Del)
(Un)
5
Creameries of Amer Inc common
38
9% Feb
1,029
28
54
11
52
725
10
Mar
a40% a40%
.
a34% a36%
37
39
11%
—
6,161
33
__
1.80
Jun
54
Sep
Jan
68% May
38
43%
200
1.25
40%
19% May
45% May
33% July
179
1.75
Feb
53% Mar
45
a55% a56%
Jun
Mai-
11% Aug
Feb
16%
Jan
68c
Jun
Apr
1.80
Sep
669
37% Aug
44%
Jan
11 %
208
10% Aug
11% July
37
Sep
65% Jun
North
North
American
Co
North
American
North
American
Ohio
Oil Co
Oliver
United
Paahau
Amer
Pacific
Coast
Pac
Gas
6%
Corp
1st
Corp
(Un)..
Pacific
Public
Classs B
S3
common
cum
(Un)
1
—
5
—
preferred
Doernbecher
Service
Pacific
Tel
i
&
Tel
Oil
37
Sep
54
Mar
a52%
a55
88
62% July
Paraffine
23%
23%
500
20% Marl, tat
25
Paramount Pictures
19%
19%
19%
300
13% Mar
Mfg
—*
Co
*
Dow
Chemical Co
Eastman
El
Electric
32%
Feb V.7
:
July
Packard
Motor
Co
Companies
Capwell
Apr
20% July
Eureka Corp Ltd
Farnsworth Tele
(Un)
Feb
14% July
a22% a22%
30
22% Mar
27% May
3% May
Phelps Dodge Corp
(Un)
Phillips Petroleum Co
__
3%
3%
3%
2,305
a26 a26%
__
65
26
Mar
610
21
Mar
23%
__
24
a42% a43%
__
13
10
10
a7%
47%
225
a7%
„
2%
10
Feb
38
May
25
Jun
Jun
Radio
49%
,
Co
Radio
Railway
1'""
a60% a60%
—
49
Jjuv
Foster & Kleiser common
Jun
10%
130
9% May
29%
31
3,181
26% Mar
13
Jan
34%
101101%
185
91%
126
103%
Feb
40
22%
Feb
103% July
128% May
Feb
__
rllO
rill
—
24%
24%
.10%
10%
10%
1,067
__
15
15
116
12
Mar
17
15
15
153
12
Mar
16% July
•
4%
28%
Jun
__
a59% a59%
3
58%
Jan
Aug
G%
320
6% Mar
8%
Jan
28%
28%
28%
220
25% Mar
31%
Apr
47
100
34%
44
350
39
19
1,510
15%
Feb
47
■
Sep
Mar
44
25
Apr
__
al4% al4%
9%
173
30
Mar
12
100
Sep
1.60
800
1.05
7
__
__
16
7%
729
5% Mar
Jun
42%
Feb
38
100
1.55
__
__
50
38
100
__
Jun
100
Equip
Rayonier
&
Incorp
50
Apr
3A Jan
11%
34% Mar
46%
Jun
Jun
6%
6%
318
38%
40%
General
1,276
(Un)
•
a39% a39%
25
35
Feb
a62% a64%
650
51
Mar
al7% al7%
80
17
July
23
Jan
20
17% July
22
Jun
Paint
Corp
_*
common
*
—____
Gladidng McBean & Co
*
Golden
•
4%
State Co Ltd
preferred
Goodrich
(B
Goodyear
Tire
common
F)
Co
&
(Un)
Great
North
Ry
Corp
Hale
Bros
Honolulu
Hunt
Oil
Kaiser-Frazer
Kennecott
ALangendorf
Class
United
Jan
66
Feb
72%
53
Apr
55
Apr
45% May
a3%
100
a43 a45%
235
40
537
10%
11%
Corp
3%
21
Aug
1
*
5
—
Bakeries
B
cl
A—'*
*
—
Libby McNeill & Libby
7
21
100
3
3
300
3
.4%
...
5
750
19
1.60 Jan
Jan
22
Apr
36
"
__
Jan
5% Aug
2.05
__
„
68%
69
640
52%
Feb
78
al8
al8
50
16%
Feb
22%
13%
14
270
13%
Sep
19
5
2.05
2.05
all % all%
31%
31%
al2% al2%
10%
__
44%
__
—
a9%
-
540
5
x 2,900
10%
Jun
17'A
32
11%
2,658
58%
308
8%
43
Mar
Jan
10% July
10
10
Jun
2.85
25
70
May
13
1.90 Apr
276
58%
Aug
Jan
7%
5
__
__
*
—
Co
21
Jan
May
13% May
Aug
*
(Un)
48
Feb
15% Aug
16% Feb
33%c
(Un)
5%
Feb
Mar
977
(Un)—1
(Un)
,
39% Mar
300
4%
July
25
487
19%.
15
Corp
(Kern County Land
Jun
16%
—6.66%
Corp
20%
18%
1
Plantation
Copper
38
16%
*
(Un)
Lockheed
Aircraft
Inc
For
Corp
(Un).
footnotes
1
—
see
page 44.
•
3,034
30% Mar
36% Jan
34%
1,820
30%
768
29 Va Mar
32
28 %
28 %
334
27%
29%
Jan
27%
27%
31o
27% Aug
27%
Sep
53
53
£'51
47
55!/« July
53
102% 102'A
135
137
Mar
,
Apr
July
104
Jun
-
52
Jun
115
790
Jan
Jan
137
Jun
141
210
16%
Jan
101% May
143
141 141'A
35%
Mar
33
41
44
Aug
141 Va Aug
20%
16%
639
12%
25
286
22% Mar
96%
97%
131
90
Feb
104% Jun
136
136
24
136
Aug
146%
a47% a47%
__
20
49
Feb
61
Feb
,5% May
25
136
a47%
Mar
Feb
Jun
July
16%
Feb
Jun
15
;
Feb
44%
715
44
July
51
Apr
24 %
24'A
125
24% Aug
28
Jan
20%
20%
a9%
130
25
10%
Jan
a9%
150
20
8%
22%
__
22%
17%
5%
16% Aug
Feb
a9%
80
22%
22%
313
23%
100
23%
__
4%
2,083
a9%
•
26
Jun
;
Apr
May
11% May
87/a Mar
-
28
; Feb
22
May
Feb
18%
26% May
19Ve
19%
523
17
Feb
22
May
12%
12%
285
12
Aug
22
Jan
54%
—
__
55%
693
41
Feb
58% July
151
55% Feb
75% Jun
a66% a67Va
23%
28%
29%
1,184
a43%a43%
10
36%
237
36
—
•
12%
__
1
a3
46%
July
29% Aug
42% Aug
Feb
49'A May
42% May
Feb
15
26
26'A
965
13
8
60
a8
46%t
20
.
7Ve
Aug
>
Feb
22 Mi
320
14
Feb
17%
160
16
Jan
Jun
HVa May
Feb
May
34
54
35
1
;»32%a33%
.45
22%
Feb
25
a32% a33%
00
31%
Feb
common
I
•
29%
__
10
a38%
1
Manufacturing Co
21%
Jan
20%
618
30
22%
.
v
34%
31%
Feb
60
36%
Apr
40%
21%
533
20%
Feb
24
a38%a38%
Oil
Corp
•
Riverside Cement Co class A
Roos
(Un)
Jun
Juu
Jun
Jan
May
15%
Jan
48%
Jun
15%
Feb
23 Va
Jun
38%
629
21
21%
655
30%
30%
20
27% Mar
409
17% Aug
38%
__
•
21
1
Bros
__
Safeway Stores Inc
Shell
Union
5
"
Mauricio
Mining
Sears; Roebuck & Co
18
P10
:
a38%
il:
Oil
.15
>
—
9c;i
18
10c
22,600
218
u
a36'IAa39%
34 % May
39 1
39 v
•
..
270 i
Jan
9c
32%
21
2lc
J
Apr
,
24%
20
Jun
May
May
Jun
41% May
Feb
46
30 Va Mar
Va
Jun
fv'.
Signal Oil
&
Gas
Socony-Vacuum
Soundview
*
(Un)
cum
conv
19%
19%
1,020
32
32%
795
(Un)..*
29%
29%
29%
325
—25
25
25
25
series A
25
•
1
2
...
Brands
Standard
Oil
Co
of
Standard
Oil
Co
of N
Inc
(Un)
Calif
•
J
(Un)
25
25
Oil
10
com
Corp
2
Transcontinental & West Air
Union
Carbide
Union
Oil
Union
Sugar
Co
United Air
U S Steel
Calif
5
(Un)
Lines
—10
Inc
Consolidated
*
Oil
10
Equipment Co
—1
Waialua
Agricultural Co
Warner Bros Pictures (Un)
Preferred
Coast
West Indies
(Un)
Life
__
61%
__
__
5
(Un)
1
:
—
Instir
—1
5
(Un)
Sugar common J.
Western Air Lines Inc
.-1
(Un)—
Western
Stores
Western
Department
Pacific
RR
Co
Western Union Teleg
Westinghouse
Elec
1
__
__
11%
__
—
16
—
—
41
—
—
__
7
—
Corp.
Wooiworth
Yellow
Cab
(Un)
12%
Motors (Un)
(F W)
(Un)
Co
common
—
10
1
Jun
May
30%
25% Mar
Jun
25
Jan
26%
394
247/a May
28%
Jan
28%
28%
300
27% Aug
29 % July
92
22'A
Jan
27%
27%
100
24% May
28 Va
33%
33%
300
32% Mar
34
61%
62
791
44
Feb
62% July
213
22
Feb
30%
Feb
13% May
27%
27'A
al0% al0%
50
9%
45c
1.10
May
45c
45c
345
25%
63%
64'A
476
1,302
a78%
a79
179
a25
50
16% Feb
Jan
Jan
Jun
Jan
24
Feb
29
Jun
54%
Jan
73
Jun
69%
Feb
90%
Jun
28% May
60
52%
Feb
66'A
Jun
267/a
27
1,082
19%
Feb
32%
Jun
11%
11%
5,281
10%
Feb
13%
Jan
14'A
14%
100
40%
40%
34 %
1,065
21%
Feb
42% July
38% July
16
16
450
14%
Apr
20
Jan
13%
13%
350
12
Aug
19
Apr
79%
80%
425
68% Mar
,40%
41
225
40
10%
10%
500
26%
10%
26%
80
150
a57%a58%
770
•
10%
__
—
39% July
—
82% July
45 Va July
Aug
7%
24
Jun
10'A July
Mar
31c
11% Jun
Feb
;
32 %
14
Jan
May
1.80 JuR.
1.00
7%
2,060
7
1,060
47/a
Feb
16%
16%
200
13%
Jan
17% Aug
55
19%
Feb
24% May
Apr
<10% May
95c
a23% a23%
7%
a7%
a7%
20
18
200
16
1
33
Jun
19
Mar
a20
28%
a20
'
50
275
28%
alO al0%
46
21% Mar
13% July
a34% a34%
1
:
23
34
18
a7%
*
(Un)———*
Feb *
Feb
34
a57%
50c
com.
147/a
a25
—
32% Jun
28
25%
45c
20
——
Westates Petroleum com
West
•
r—25
—12%
com
.
Corp common
Universal
Victor
Carbon
&
of
—
1
(Un)
Ass'd
*
28%
July
26%
a23% a23%
__
*
(Uri)
Company
Feb
32
Sperry Corp
Water
15
19%
Spiegel Inc common
Spring Valley Co
Tide
1,071
15
pfd
Transamerica
27
180.
Feb
26%
(Un)
preferred
So Calif Gas Co pfd
Southern Pacific Co
Texas
122
171
5
Oil
Corp
'
35
171
27
preferred
4.88% preferred
Studebaker
__
•
Calif Edison Co com
4.32%
Cum
A
Pulp Co
4.48%
4.56%
class
Co
Jan
59% July
44%
?/.
4%
5%
22%
100
pfd
Willys-Overland
Loew's
34%
34'/a
4
(Un)
Realty
Standard
Feb
a3%
(Un)—„*
Aug
Feb
46
11%
65
15%
45%
...
Jun
30
a58% a58%
__
40%
24
ig%
*
International Tel & Tel
i
68%
*
16%
_*
; Independent Exploration
Inter'l Nickel Co Canada
7
250
2.048
68%
__
32
20%
7"% May
42% May
5
•
Co
Mines
32
19%
__
20
__
al8
Feb
31% Mar
4
Inc
Sugar
al8
__
11%
Corp
Maryland
__
a45%
Inc
Motor Car
Foods
a63%
(Un)_*
Pineapple Co Ltd
Hutchinson
i Idaho
1
pfd
__
——3
Battery Co classs A
m Class B
(Un)—
Holly Development
Hudson
•
(Un)
Hobbs
(
(Un)
non-cum
Stores
Hawaiian
•
Rubber
Graham-Paige Motors
7Greyhound
100
——
33%
•
Republic Steel Corp (Un)
Reynolds Tobacco "B" (Un)
Rheem
Southern
a37% a37%
6%
General
Jan
6% May
97%
50
(Un)
Corp of America
Sep
40%
^ Cum preferred
12
Sep
Feb
•
10
14% Aug
Feb
4% Aug
Mar
60
6%
__
2%
General Motors Corp—
70
;>Y41% Jun
12% July
Feb
(Un)
Corp
10 »A
676
5%
27»/a Feb
Jun
General Electric Co
Food
.
15% May
£!'F^:?W,-63%-;Jun
10%
__
47
10
80
,.
,
Apr
10%
17%
1
Corp—
Jun
it
Feb
—
•
Oil
7%
43%
1
&
Machinery
July
27
Feb
25
Pure
Radio Keith Orpheum
a7%
19
•
•
*
16% Mar
47
100
69
Feb
4%
137
33y*
Puget Sound Pulp & Timber
Pullman Inc (Un)
9% Aug
437/a
5
pfd
Feb
17%
12%
•
Pennsylvania RR Co (Un)
-Pepsi Cola Co (Un).
10%
Sinclair Oil Corp
Co
32%
25
43%
1
17%
*
Bond & Share Co
Emporium
345
10
—
♦
(Un)
25
10
(Un)
59%
Jun
1,543
—
•
(Un)
common
150
12%
—
„
(Un)
com
Pan American Airways
12%
a20% a20%
—
—15
of N J
Oil Works..
Emsco Derrick & Equip
Food
•
common
Kodak Co
Dorado
(Un)—
18% May
20% July
a54%
>■
San
Dominguez Oil Fields Co
17
Feb
5%
1
10
Corp
Feb
n3G% a36%,
13 13%
15
Jan
5'A
28%
100
Western
13% May
30
100
Preferred
Pacific
18% July
Jan
34 %
•
com
121
11%
Feb
8'A
34%
•
com
10% Aug
12%
,
al5% al5%
141%
1st preferred
22'A May
9%
5%
—
100
190
—
Giorgio Fruit Corp class A com—5
5%
•
(Un)
229
20%
*
•
(Un)__10
com
Jun
13'/a July
152
59
13%
stock
37
•
of Amer
—
*
Cement
60 %
*
preferred.
'
25
common
preferred
Richfield
Di
pfd
Jun
21%
Feb
p.23%a23%
25
Corp
20
Feb
13%
12%
59
25
;
__
Lighting
37
5
common
al6% al6%
—
5%
redeemable
60%
—
1
preferred
al6%
3% Mar
18% Mar
125
5r>0
Called
205
Jan
8%
277
Pacific
Preferred
19%
Mar
1.15
760
25
Portland
15 Va Mar
350
18
5%
Pacific
14%
180
11%
12%
25
5%
755
18%
10%
5
com
Jan
17%
12
1st preferred
1st preferred
34 %
875
10%
5 % %
Jan
31
130
17%
5
.......
17%
31
—
I.'—15
Aggregates
—
'
class
13 Va Mar
2.10
—
•
B——*
Fisheries
preferred
1,045
10%
10
—
Electric
&
1st
July
15%
19%
(Un)—.100
Sugar Plantation
Pacific
May
40
11%
—
(Un)—10
Cons
Filters
31
Feb
18%
—
com——100
Railway
(Un)
Mar
35
1
(Un)
common
Oil
Pacific
24
75
*
Invest
Northern
532
•
Aviation
American
28%
38%
31
—
•
Natomas Company
N Y Central RR (Un)
Preferred
Zellerbach
Crucible Steel Co
110
54
__
a56%
1
(Un)
Co
35%
11%
41%
Jan
15%
—
16%
*
*
10%
__
100
20
Curtiss-Wright
Feb
Jun
1
preferred
Continental Motors
2nd
30% Mar
.4%
Commonwealth Edison
25
Consolidated Edison Co of N Y (Un)
•
Consolidated Natural Gas (Un).—15
$4
26%
225
30
•
Co
Columbia Gas System 3nc (Un)
Commercial
Solvents
(Un)
Commonwealth & Southern (Un)
$4.20
237
July
May
Feb
*
Preferred
Crown
32%
360
<
7* 42
f
Feb
2.50
Chemical
Continental
Apr
6%
•
ctfs
Co
Consolidated
40%
3
_25
c
Colorado Fuel & Iron
"
Mar ui
230
4,567
Chesapeake & Ohio Ry (Un)
25
Chicago Milwaukee St Paul & Pacific—
v
31 %
i
50
7% Jun
3,060
__25
Co
Eureka Mining
Common
30
v
16% July
17
___50
Corp of America
Central
310
,
4%
•
common
Ry (Un)__
Co (Un)—
&
Sep
4
_*
—
I)
Feb
4%
13%
*
class
Pacific
Caterpillar
10%
150
Jun
4
5
—
Packing Corp
Preferred
300
,
17%
7
13 %
15
Tile
Art
Canadian
16
4%
'
12% Mar
May
9
May
7% Sep
1
**
—
California
Feb
110
a36% a36%
__
24
<
2
Blair Holdings Corp
Borden
4%
15%
a38% a38%
__
•
Aug
310
__
15
May
114% May
r
Feb
6
4%
__
_5
—
-
i
16
__
100
(Un)
335
20
500
7'/a
15%
__
*———5
64
6
7
__
1
120%
6
__
13
a
•
a21% a22%
—
100
—ri-—
California
a22%
3
(Un)
com
Petroleum
Barnsdall
5
__
2.50
—
(Un)
Baltimore & Ohio RR
Bandini
100
12% :
Feb
17%
5
(Un)
High
36% July
16% July
9%
2.00
—
1
Prod
193
15
15
10
Co
Nash-Kelvinator Corp
Auto Fibres
National
Low
32'/a Mar
45
.
13Via
28
1
;
Range Since January 1
38%
„•
(Un).
Robbins
&
Mfg Co
28%
*
(Un)
Shares
High
13%
—
5
Machine
Low
a35% a37%
a37%
common.—.
Bancorporation
of Prices
.
*
--——1
Co
—
Armour
35
(975)
EXCHANGES
FOR WEEK ENDED
RANGE
CHRONICLE
46
..46
a8%
a8%
<•
70
175
50
.
Mar
710
Jun
22'A May
33
Jun
24% May
25%
Feb
33 Va
8%
Feb
11% May
Jun
45 Va Aug
49
Jun
8% Aug
11
Jan
",
COMMERCIAL
THE
STOCKS-—
Par1-
Sugar.5%
pfd
Aluminium Ltd
Aluminum
Low
High-
167/e
18%
20%
20%
39
38
,
Can Tel Co 4%%
pfd
50
Argus Corp Ltd, coipmon-*r^._«l^..»
4%% preferred
i.-10Q
Warrants
47%
60
49
61%
465
25
44
^
7
'
—
A.,-
Teleg
pfd
*
__
75
50c
26
33% Mar
43
Feb
35
65% Jun
25% Apr
Feb
44
Mar
Ottawa
Lt Heat
&
Mar
24% Mar
Jun
29% May
61
80
66c.
Jan
4%
Bathurst Power & Paper class A
Telephone
*
Mines
Brazilian
Trac
Ltd
Power
941
160
Mar
7.00
10o
7
July
2C
19"%
20'A
3,915
17
Feb
23 %
22%
23%
1,275
20'A Feb
•
Co
25%
25%
26
90%
90%
90%
17% Mar
96%
New
Jan
St
•
Gold
21%
22
28
30
Aug
•
5%
9%
11 1
Jan
100
100
101%
13%
13
13%
4%%
pfd
new
37%
37%
21%
20%
21%
Aug
237/a Jan
105% 105%
105%
Sep
13%
12%
13%
15
16%
16%
16%
18 %
Jun
•
$1.75
series
$1.00
preferred
Canadian
Class B
;_
,
*
Dominion
Bridge
25
Dominion
Glass
3,607
12% Mar
1,642
91% Mar
34%
25
175
22
22 24%
17% ,18%
29
28%
29
20%
21
__
*
11% Mar
.
"
950
33
15
21% May
121% Jun
37% May
Mar
22 !/. Sep
.
26
16^Mar
"Feb*
850
A;
A
16 "
.
Feb
22% May
21%
25
25
10
23
Feb
28
Redeemable preferred
Dominion
DonohUe
Textile
33%
33 %
190
30
Feb
38
Bros
35%
5
32%
Jan
17%
16%
17%
1,990
14
Feb
23
23
100
23
Mar
23%
22% Mar
Mar
Co
20
Feb
Power
25
21%
21%
preferred
11%
12
1,027
19 %
100
1.00
General
Steel
•
60
Gypsum.
Lime
Hamilton
&
Alabastine
preferred
Howard Smith Paper
1.50
Jan
16% Mar
Apr
55
14% Mar
15
5
11% Jan
335
15% Mar
Oil
Ltd——.
Canada
Power
22%
150
19
24%
17%
Mar
50
87
Apr
91
18
223
18
Aug
20
preferred
102
Apr
108
4
Steel
15%
200
14
Feb
13
Mar
17%
15%
375
8%
9
62
6%
Feb
35
33%
35
855
23%
Feb
51
50%
51%
1,200
43% Jan
17
15%
17%
14,045
1.25
1.35
66,509
12%
13
1,000
25%
25%
525
24% Mar
22%
25
1,879
22% Aug
25
85
15
85
Aug
92
International
Utilities Corp
Labatt
Public
Ser
Limited
Ltd
50
100
Aug
103
__
100
Jan
100
9
165
9
Aug
13
55
1,660
83%
83%
79
80%
40
320
81
__
80%
81%
160%
7%
7%
of
130
21
Mar
27
the
Woods
36%
29% Mar
46
Mar
13%
13%
13%
8,876
11
Mar
48
46%
48
100
39
Mar
52
12%
12%
127/8
1,115
10% Mar
Laura
-Secord
12
ro
11% Mar
14
24
24
50
23
Mar
25%
28
28
32%
1,805
66%
2,730
Lindsay (C W)
London
Class
common
Hosiery
A
Mills
__
160
"
130
27
Feb
159
Feb
160
10
19%
50
16% Mar
14%
14%
14%
25
*
14%
14%
14%
325
*
__
—•
—
Ltd
160
19%
3
—
16
*
16
16
160
•eat
Li|
Massey-Harris
McCpll-Frontenao Oil
;
-
Molson
Breweries Ltd
Montreal Locomotive
For
footnotes
see
■■ft*
P'A'.
200
165
Jan
8% May
90
69% Mar
95
600
24
31% May
25
400
27
26%
27
515
22% Mar
20% Feb
20
20
20
Jun
21% Jan
22%
22%
23
876
21
Aug
23
27
27%
461
25
Feb
23
20
—
Mar
Jun
23
May
23
July
Jan
Jan
Canadian Funds
Friday
.
Last
Sale Price
com
A-
Pulp &
Brown
Canadian
Gen
Canadian
Canadian
7%
& Dock
Ltd
Co
Ltd
Investments
Ingersol
Lt
&
Rand
Pr
Co
Ltd
Inv Tr
Jan
5
Jan
12
Mar
'
10%
10%
10%"
375
9
Feb
11
9
8%
9 "
150
5
Mar
9
22%
21%
3,795
2,320
16
Mar
12%
25 '
6%
12%
Adv
Gen
Consolidated
f
,
12%
125
11% Feb
14% May
18%
19%
19
19%
16%
22%
L050
400
15% Feb
18% Mar
14
Feb
i9% Mar
-20% Jun
25
Jan
*
__
16
.
i
22%
14%
23
«
.»
*
35%
15%
^ • >
2
common.—>
^100
common—*
*
---—--—
Canada!——'-*■
Lithograph
Paper Corp
Mfg
-f
'
■
Engineering Works Ltd
Dominion Oilcloth &
Square
Dominion
-July
Sep
July
Co—*
Ltd—!——*
Woollens
Donnacona. Paper
Eastern - Steel
Linoleum--
&
Pr
7%
pfd——_—100
Feb.
21% Mav
Fairchild Aircraft Ltd _____i____
35%
15%
35%*
15%
35
34
Feb
38
Federal Grain Co class A
575
14
Mar
4§%
48%;;
45
June
-
*
Ltdi—-fc
16
I8%May
48% Aug
*
Worsteds.——*
150
May
♦
Co. Ltd—
products
Kootenay
!
Corp
20
-
15
_____—
Ltd
19%
37:
-f
-•
Ltd (R L
16% May
9% Mar,
100
•A'*<
Jun
6% Jan
12%
*
Ltd—.
Alcohols
Bakeries o^
Dominion
115
Jurt
7% Aug
18%
Consolidated Div Standard Sec pfd—*
Sep
134% May
12%
1
______;
preferred
Aug
12
3% Aug
Feb
3% Mar
78% Mar
6% Sep
100
;
Wines
Neon
18
59
20
12%
__
1.00 Jan
16% Jan
Mar
214
600
Paper Inv Ltd com__*
Vickers Ltd common
*
Chateau-Gai
Apr
113
6% Jap
10
July
1,600
Jun
;,
4%
Aug
.
114
7
com__*
Canadian Westinghouse Company
Catelli Food
Products 5%
pfd
Consol
20
Aug
4%
*
Co
preferred
8%
11&
Mar
7% Jan
6%
&
Pr
Commercial
117
—
•
Canadian Western Lumber Co_._
Claude
13
8%
4
35c
13
4'A
74
•
Sugar—
Canadian International
Canadian
25
100
1,000
2
525
12% Jun
13% Jun
Jan
Mar
1
Co Ltd
Dredge
Canadian
Canadian
8
35c
13
8%
4%
100
Dominion
&
4%
35c
9
10
1:
High
6%
1
common—:.
Ltd
Butterfly Hosiery
Canada
225
1,635
4%
-8
__
Range Siaee January
Low
12%
8V2
- -
*
Company
Preferred
Burnett
Shares
High
12%
—
corn.*
Paper
Sales
for Week
~
12%'
__
VancouvLtd-5
Columbia
Week's
Range
of Prices
—
*
of
.
10%
11
12%
"B"_*
f
class
"
Low
*
—
British
Consolidated
12%
4pft
44,
Mar
27%
Packers Ltd cl B—•
Cr.ain
—
i
page
5
90
•
Distillers
&
Apr
6%
;
Montreal Telegraph
415
26%
Columbia
East
Mitchell (Robert)
Mar
7%
7%
24%
British
16
—14%
—
160
Power-
&
Ltd
Dominion
Class B
72
23
25
Hosiery
&
Millen
14% Mar
•
MacMlllan Export class A—
45
__
10
& Paper Co Ltd
Glove
13% Mar
6%
-
L—„__*
—
Mar
81%
27%
10
-
Limited
21% May
17% Jan
•
com
Jan
160% 160%
10
:
&
Brewers
Jan
65
„
100
Lewis Bros Ltd
67
notes
Brand
Jun
--r.
___
8% May
97
Jari
80% Sep
82
Ju^
83% Aug
—
Belgium
Jan
66
*
—
Feb
5% Mar
•
i
—
Bathurst Power
13% Jun
12
common.
Lang &r Sons Ltd (John A)
16%
*
;
Steel
Jan
•
15
♦
preferred
16% Jun
16
May
21
May
20
Jun
11% Mar
17% Feb
*
1
Glove Works Ltd
39% Jun
70% Jun
16% Jun
__
Lake
210
1,050
7%
•
& Worts
Atlas
Jan
23
36
36%
9%
22
__
__
*
John
25
18%
183A
♦
Acme
19% May
1.95 Jun
14
Jan
25% May
Mar
1.25 July
5
:
com.
16
15%
18
100
preferred
Corp
Preferred
Jamaica
Mar
Par
Jan
May
__
•
Power
12
15%
15%
18%
67/a
Sep
85
__
14
12
_*
International
Jun
18
STOCKS-—
May
13
17%
*
International Paper common—
International Petroleum Co Ltd-
155
7%
'■•A.*-;
53% Jun
25
International Nickel of Canada
Feb
Montreal Curb Market
97/8 May
35
May
100
common
144
———
3%
Jun
15%
25
_____
10
25
7%
-
Montreal
Jan
59
200
9
100
—.
Bronze
preferred
Apr
155
BONDS-
Jan
2% Aug
103
2%
1.30
preferred
27
155
16
•
common
Canadian Marconi Co
6%
Mar
•
—
Tobacco
Toronto'
July
Jan
15%
„
_
5%
22
__
——100
Co of Canada
Royal
Jan
90%
2%
__
Imperial Tobacco of Canada common_8
4% preferred
v
25
International
50
Nova Scotia
Jun
90%
203
__
•
Indust Acceptance Corp new com
4%%
preferred
25%
*
Gooderham
18% May
•
•
;.
23% Jun
49
July
47%
25%
18%
*
Canadian Industries common-:
Imperial
Rights
22%
85
Aug
45% Sep
__
*
(George) common
18% May
-
•
common—
Aug
22%
*
&%■ .preferred
Tuckett
19'% May
18
.
103
*
Hudson Bay Mining & Smelting
80
47%
_T___100
Breweries common
13% May
Jan
*
Bridge
Aug
25%
com__»
20
16%
22
__
*
16%
1.00
Feb
Mar
15
22%
*
common—
290
11
19
16%
__
100
Ltd
Wares
50
18%
16%
__
—
1.00
18 %
16%
•
._
General Bakeries
10
19'A
%
__
_100
common
12
44% Mar
22% July
100
11%
preferred
585
20% Mar
27% May
26%
25%
19
*
Kootenay Power
*
Eddy Paper Co class A preferred——20
Corp
1
Enamel & Heating Products
__*
Famous Players Canada Corp
*
Foundation Co of Canada—___—
*
5%
15%
246
Canada
27% May
23
26%
__
common——
Electrolux
Gatlneau
14%
4,757
of
Sep
15% May
26% Jan
25%
__
__
East
Gair
15%
48
prefeired
Williams
35%
*
Ltd
25% Aug
Jun
35%
_
*
—
Sep
25
205
22 %
4%
A
.
^
102% May
11
Sep
27
Aug
15% Sep
Jan
11
11
26
Jan
__
•
common
101
11
26
Jun
25
Voting trust certificates
15
102% 102%
40% Aug
.
Domion Tar & Chemical
v
__
__
July
14% May
Mar
370
7%
.
,-33% May
27
105
Jan
35%
*
...
12
18
15% Mar
25
Jan
July
Jan
Jan
20
common
Ltd.
18%
17%
34%
__
•
preferred
Dominion Steel & Coal class B_
Stores
50
114% 117%
116%
•
25
7%
Dominion
13%
13%
*
•
Foundries & Steel
Dominion
70
14
2,033
Commerce
18%
5
•
preferred-—
17%
14
83
Canadienne
13%
——
Dominion Coal 6%
16%
Feb
Banks—
25
—
gayis Leather Co Ltd class A
Istlllerp Seagrams
10%
13%
93'/a Mar
10
Jun
45% Aug
May
30
,
54% Mar
85
45%
Montreal
—
730
12%
81
Standard Chemical common—
13
•
Crown Cork & Seal Co
63
99'/2
43%
Winnipeg Electric common
30%
*
Canadian Oil Companies
Canadian Pacific Railway—
Consolidated Mining k Smelting
63
100
60
83
__
*
Canadian Locomotive
17
__
1
Walker
'
A
class
Feb
Apr
Jun
39
Co-
Paper
Wabasso Cotton
pfd__20
;
Ind Alcohol
Feb '
11
99
__
A
37
205
12%
•
16%
49
Weston
25
Converters class A
Canadian Foreign Investment
63:
99
__
1
210
1
84
_25
series
f
luu
45
23%
44 >
15»A
,
15%
23%
•
38
45
15%
|03
29
Feb
la'% Jan
37%
—
45%
United
Canadian
100% Sep
100% 100%
—
.
Sep
171
Jun
20
Celanese common
19
100
'
44
-
1
Southern
40
Canadian Bronze 5% pfd
l
100
Canadian Car & Foundry common™*
Canadian
44% Aug
100
com
Voting trust certificates
14 % May
37%
•
A
25 A Jan
44
„
99
Steel
Class
18% Sep
932
•
28% May
Sep
preferred
Sicks
Jan
•
50
Canadian Breweries
Mar
preferred
Sherwin
100
preferred
Jan
16
171
l8v«
*
common
Southam Press Co
Canada Safeway Ltd 4%%
pfd
Canada Steamship common
162%
171
18%
May
20
-
10
171
18%
26
May
25% Jan
52
May
Mar
43
1st
7%
$1.30 preferred
23%
2nd
Series
35
171%
•
Canada Northern Power Corp
820
»
Shawinigan Water & Power com—
»
Canada Cement common
24%
New
3 y4
5
._
Dredging,
23%
New
27%
*
Building Products
2nd
24
*
-
preferred—:
Lawrence
2,055
—._100
Saguenay. Power
3"%
•»
♦
Mills
Jan
Sep
200
50%
•
Paper
1st
22
46'A
•
Transport
New
21%
-
St Lawrence Corp Ltd
25
May
27% May
21%
18
Mar
21% Sep
1
;
preferred
Rolland
22% May
.
A-i
Oo
Quebec Power
Jun
Jan
11
24
85
•
22% Sep
174%
90%
255
pfd__100
4%
British Columbia Forest Products
British Col Power Corp Class A
Class B
Bulolo
1,445
172
7.00
25
_
Bruck
22%
169%
__
*.
British American Oil common.
3%%
conv
preferred
Elec
21
171%
*
___
Light &
British Columbia
22%
100
__
Bralorne
41% Mar
405
*
Price Bros & Co Ltd common.
Aug
35
23%
pfd__106
Corp of Canada.
Provincial
Bell
Power 5%
Tubes
Development
River
43
23
_■»
'Page-Hersey
Power
42%
100
Products
Rwys___1——J—
Powell
Apr
43
•
Electric
Placer
Jan
45
45%
49%
Ottawa
Jap.
80
r
*
Mar
37
928
23%
«
Ogilvie Flour Mills common
7%
preferred
:
Steel
High
Low
39
*
Corp
Noranda Mines Ltd
Ontario
38
;*
Weaving
Wire
.
High
25
Niagara
49
Feb
7% Jan
Sep
5% Mar
30c
451
80
101% July
56% Apr
Jan
70 *
■•
200
26
50c
26
&
•
275
;
Hlgn,
39
Range Since January 1
Shares
of Prices
Low
•
______
Car
19% May
21% May
39
Apr
24
170
7
73'
80
*—
Tel
•
985
45
:
973
■
1,435
25%
Low
100
preferred
Natrona* ateel
12% Mar
17% Mar
36% Mar
50
44
f
r
Asbestos-Corp
Associated
101
25%
Anglo
RattgeSinee January 1
1
39
'
National Breweries common
7%
t:
3,80o
1,591
Ho
61%
pfdL-...-28
■
■
100%
—
*
—
Co of Can 4%
'
100
*
Algoma Steel
of Prices
20'A
—
Acadia-Altantic
Sales :aA
18
AWtiW Power ft Paper common
*
$1.50 preferred
20
:
$2.50 preferred ii
;—
_——20
Range
Sale Price
Par
for Week
Shares
Sales
for Week
Week'*
Laet
STOCKS—
'
Week'i ■'•••
Range;
Sale Frlce
3'
Exchange
Canadian Fundi
L»st
Monday, September 6, 1948
Friday
Montreal Slock
Friday
CHRONICLE
RANGE FOR WEEK ENDED SEPTEMBER
\
»
FINANCIAL
LISTED MARKETS
CANADIAN
■
&
6% % ' redeemable preferred-"
Fleet Manufacturing Ltd
6
*
100
—•
16
—
22
280
295
13
Jun
24% Jan
Number 4731
Volume 168
COMMERCIAL
THE
Friday !:*•
•
,
Last
STOCKS—
..
Ford Motor Co
of Canada
Companies
Freiman jbta ia Ji
Great
Paper Co
preferred
A
Halifax
•
1
Insurance Co
~10
-
conv'preferred
Lambert
Co
^
10
1st
1
(Walter
Ontario
Refrig
M)
&
Royal
Paper
Ltd
_A
Canada Pr
.
Beatrice
6%. pfd
Ltd
5%
class
A
110
15
17%
*.
9
Jan
10%
Jan
19
May
Aug
Apr
21
25
Mar
30
May
93
Feb
98
Sep
Feb
27% May
t
24%
3
29 V»
Apr
29% May
175
65»/a
Feb
75%
Apr
10 V*
Acadia-Atlantic
5
14'/* May
Apr
5%
111
May
175
16
Feb
25
Jan
-18
Jan
14»/2 Mar
475
Jan
10%
Sep
107
May
13ft Feb
200
class
4QC
30%
30%
2pU
83
9Va
104
2V/2
19
10%
Apr
115
Feb
Jan
12
29
Mar
30%
50
,V
17
Mar
24
JUn
23
1
Mines
Mines
8c
«
43%c
Sep
12% Aug
Apr wV.
9-'f
Ltd—_1
10c
1
8c
14 %c May
Apr
4,000
6c
Aug
231,200
12c
33c
•
20c
Vf
44c
Sep
7c
Aug
Jan
5,500
Aug
22c
Jan
8c
Aug
33c
Jun
29 %c
Aug
55c
Mar
15,100
33c
9c
31,700
6,000
9%cV
30c
4c
1,000
-11c"'
8c
>
39
100
35%
Jan
39
Apr
19%
19%
310
16 Va
Apr
19%
Sep
.100100%
110
98
Feb
100
Algoma
7%
7%
63c
60c
7,785
6c
4%c
6c
27.500
45
49
61%
60
61%
25%
25%
175
15c 19 %c
25,983
.1
Steel
common
Aluminium Ltd
Aluminum
Co
Canada
of
Amalgamated
American
.25
25%
-1
19 %c
Nepheline
American
pfd.
Mines..
Larder
Yellowknife
Anglo
Canadian
Anglo
Rouyn
32 %C
-1
-*
1
Ltd
18c
Aug
56c
Feb
100
8c
'9,000
5%c July
16c
Feb
5%c
6c
5,500
3%c July
8c
Jan
22c
6c
1
1.38
6c
__
1
!
1.38
__
1
Ltd
22c.
24c
1,000
22c
24c
Jun
Jan
13c
'Jan
1,020
33% Mar
67
Apr
810
.44 Va Mar
65 Va
Jun
24
10c
500
Apr
18c
1.35 Mar
Jun
1.38
-
Aug
Sep
34c
1,000
30c
68c
Jun
6%c
5,250
4%c July
9VaC
Jun
17c
21,150
6%c Mar
17c
Sep
7%
6%
7!/8
385
5% Mar
75
75
75
10
1
9%C
9c
9%c
5,500
1
18c
15c
19c
43,500
10
Quebec—s.
Mines
14%
1
(1937)
14%
7c
1
5%C
9c
14%
Aug
67
11
.
Jan
15c
Jan
:
39c
Aug
Mines
6 %C
5c
July
16 %c
Jan
20,150
6c
Mar
12c
Feb
10c
May
50c
Aug
13%
Jun
10c
15,500
4c
Mar
46c
50c
26,300
35c
Juh
12%
12%
Aumaque
Gold
Mines
15c
1
..
£
10% Mar
1,810
Electric
15c
11c
15c
59,400
8c
Apr
16c 22 %c
22,100
15c
4:
Mar
22c
1
Gold
10 %c
14 %C
—1
_.
3.45
Bagamac
common
3,500
3.15
3.50
4%
4%
110
1
16c
16c
Bankfield
Consolidated
1
—.1^
_
Montreal
of
6%c
8c
10
8c
4,266
27%
60
36%
35
5c
of Nova
Scotia
10
36
—
5% Aug
20%c
215
33
32%
Mar
38
Aug
135
Jan
8c
July
Feb
Jan
4.00 Feb
Feb
25
Feb
Feb
25c
8V2C Mar
Aug
'
vA-i''
150
f
Apr
"4%
...
500
26%
3.00
.1
15c
9c •• Feb
7,585
—
Mines
Aug
13,000
49c
1
-
_.
Jun
14%
Mar
7c
12%
•
_•
83
Mar
14 %c
,
7% May
Mar
6c
200
V
9c
,
7c
10c
1
Yellowknife
Bank
May
13 %c
Jv
Bank
Jun
J .45
100
Steel
Auto
Jan
•
Ashdown Hardware class A
Aunor
Jan
41%c
Sep
1.10
38c
Feb
8c
34,100
25% July
Jun
22 %c
1,000
2.80
Mar
31c
Ashley Gold & Oil
Atlas
Apr
Jan
3%c May
Aug
36%c
)
18c
8c
8%
Aug
7Va
63c
4%c
Gold
Atlas
102% Aug
.1
Preferred
Astoria
5c
21 % May
87Vac
30c
2.50
Resources.
Mines
Arjon
2,000
10c 12 %c
2.75
Mines
Consol
Apex
Area
6c
•
30c
Oil
18 '3 Mar
75
1
Alger Gold
6c
*
Yellowknife
17%c'Jan
Mar
/4o«
9%c
8%c
Gold Mines
Central Patricia Gold Mines Ltd
Mines
55,500
44c
4c
■
_i
Centremaque Gold Mines
28c
20 %
*
Surpass
Aubeiile
Ltd—.1
Ltd— _i
Agnew
Athoria
8c
20
38
July
8%/Jftft:
.30
11
lie i4V2c
20
100
—
Oil
Atlantic Oil
I4%c
19% May
1,782
2,410
39
42c v May
Feb
30
£0
High
12% Mar
18%
May
Feb
.
37c
6,468
•
&
Gas
Armistice
-
"
Low
..
17
*
A
Argus Corp common
100
111'
40c
20
Ltd
Acme
Jan
10V2
155
T
Sep
9 % Mar
100
25
Ill
40c
18%
Jun
"'4''V
Lake Gold
Gold
15
19 V*
"
1
Mines
Mines
10% Mar-
Feb
10
Range Sines Jaasary 1
High
Jan
12 %
20
17%"'
10
"
Candego
Lake
Jan
22
:|-.
110
17%
__
•
Limited
Lake Gold Mines
Bordulac Mines Ltd
Coin
52%
20
15
15:...
17%.17%>
17%
100
Yellowknife
Cheskirk
Mar
.5^^
5%
__
100
Mining Corp Ltd
Red
Bcjiuneu
52
200
13."-
13
Ltd
Band-Ore, Gold
Metals
9
15
9%'T
9%
Mining Stocks—
Base
preferred
29%K'
Vi'S
73%
>
Mines
$2.50
3
29%
Shares
Jun
1,474
26
24%
Sales
for Week
of Prices
Low
•
20
20
preferred
Apr
8%
900
•
•
26$'r
24%
__
(
15%
Sep
435
98-H*'
24%
74
41
B
Aubellc
$1.50
14%
Mar
8%
■
"
26
9%
pfd—_20
Co
20
__
_«
Invest
Hotel
Jan
Apr
7
10
100
17%^-'
10%.
__
red pid—100
red
Securities Ltd
Windsor
v
.%
98
.1
26
0
Ltd
Corporation
Class
~
__
1st pfd—100
Ltd
Southern
United
Par
Jun
Akaitcho
0
Ltd
Co
Sale Fries
May
9
I
10;
Week'*
Range
Last
STOCKS-"
.
75
10
0
Canada 6%
Sangamo
United
21
100
20
com.41
Ltd
Industries
8outhmont
45
14%
u
Mills
Quebec Pulp & Paper T/e
Reitnians (Can) Ltd 5%
Russell
20 V*
Jan
17%
Co—5
Ltd
Ltd
Rice
Enterprises
Crush
Feb
41
ir\j®
*8*
52%'M
14%
■,
.
Storage
Corporation
Mount
Power Corp of
16
10
lOJ/a'W
17%
30
Moore
Orange
960
52%
__
•
preferred
Nuclear
July
n
„
Teleg & Tel com—_______10
Massey-Harris Co 6 (4% conv pfd__20
McColl-Frontenac Oil 4 "ic pfd—___100
&
Jun
93
71/2
Maritime
Montreal
62
Sep
10
__
__
50
Inc_
Ltd
Maple Leaf Milling Co Ltd-
Minnesota
Feb
90 V2
395
Preferred—V--
(Alfred)
Lowney
27
42%
180
-42^m.
18
Friday
Jun
Jan
1,920
Exchange
Canadian Funds
Abitibl Power & Paper common
International Paints (Can) Ltd cl A
41
Investment Foundation Ltd commoik.0
6%
25%>$
42%
„
Toronto Stock
High
•92Vaf-^
19*!$'
90%
18%
0
LOW
41
3
Range Sine# January 1
>
59 %
.
__
*
com
High
25
60
oj
Ltd
Shares
(977)
MARKETS
SEPTEMBER
for Week
Low
1
*y2 >
Lakes
Class
class A
.
CHRONICLE
Sales »#•
Range
Par
Fraser
Weekly*':
of Prices
Sale Price
WEEK ENDED
FOR
RANGE
FINANCIAL'
LISTED
CANADIAN
♦-i
,
&
/
Jan
37% Feb
'
Consol
Central
Cortez
Red
Mines
Mines
Ltd
Mining Co
Dickenson
Dome
Cadillac
Explorations
Cournor
Bank
Ltd—1
17c
15c
18c
.1
7%c
6V2c
8c
___
Ltd
Lake
]
Mines
13c
_
_1
—
Ltd
"
„
♦
Mines
Dulama
Goid
Duvay Gold
Fflct
—
Mines
1
—
Ltd
1
Mines
Ltd
Sidona
Ltd 4
Gold
Ltd
Formaque Gold Mines
Found
Lake
Gold
2.90
Ltd
Goldbeani
Mines
Goldvue
Jack
Lake
Lake
Mines
Joliet-Quebec
Kerr Addison
Labrador
Gold
1,000
22c
1,000
5c
17,500
Ltd
Mines
Nechi
Cons
Calumet
New
Marlon
Aug"
1.10
30,000
55c
Mar!"
12500
12c
Mar
23%c
Feb
20c
Jan
7c
8%c
5,000
7c
9,000
l%c
lOVa
1.550
7c
3,000
4c
Mines
*7.
■
r's
''
"4'::r \'-/h
: *-.<•
O'Brien
Gold
Pandora
-
;■
*
Perron
Gold
i-vQuemont
Rochette
Sherritt-Gordon
25c
Mar
55c
33%
100
6.20
200
12V2
1,000
39c
200
5.80
12
1.100
Jun
4.45 Mar
7.65
58c
»Sep
5.80
5,500
3c
May
5c
28c
Aug
50c
Feb
3c
Jun
8c
Feb
68c
69,400
42c
Maf
1.45
68c
6,300
40c
July
1.90 Jan
1.85
200
68c
60c
60c
i,g5.
__
55
97c
56%
36c
1.65
50
36c
1,000
Aug
65
Sep
4%c May
S7c
97c
1,900
80c
May
1.73
6,100
88c
Mar
17c
AUg
17c
1,500
2.90
2.90
2.97
4.400
6c
3,000
4%c July
1.90
27c
3.00
%
6c
190
2,200
1.50 Mar
2.17 Jan
6,100
-7%e Jan
1,000
4%c Aug
lOd
May
1,000
70c
7.7c
77c
5c
7c
206
Feb
May
77c
1
9c
Jan
68c
78c
57c
Mar
15c
i7V2C
23,600
15c
Ltd—1
6Vac
6Vac
1,000
6c
Apr
141/3
141/2
100
lie
11c
11c
2,000
•
'
•'
——1.
.
50c
!
64,200
■
•
13
10c
6,000
12,600
17c
•
1.45 Mar
42c
40c
42c
5,500
35c
56C
53c
57c
41
pi Ac
5V»c
8V2c
6,000
5C
iv
i
1,50
1.30
1.50
7,150
99c
May
3.25 Apr
50c1 Apr
,
Mar
,.J5teeloy
8,034
50c
2.75
2.75
2.75
500
1
6V2c
6l/2c
7c
3,500
Vinray Malartic Mines Ltd——1
v.:-Westville
Mines
Oil Stocks—
Ltd__ii
Oil
Co
2.55
"
<
Bevcourt
3 'Ac
2.500
4c
2,000
2ci' July
Ltd—a
^.1
•
New
Pacalta Oiis Co Ltd
ftoyalite Oll Co. Ltd
—
For footnotes see
page 44.
-
-
:/
9.10
19
2.63
1.641
9.10
19,700
1.70
8.20
: 9c10c
19
19
1.60 Mar
1,200
14V2cl6V2c
a—
lOc
——__41
2.52
'
16c
lie
1,700
3,250
125
Jun
1125
1,000
t
25
Bonville
38 Va
Mar
17
Feb
Bowes
Jan
2.08
19 %c
22
9c
(
-
3.50
32c
Jun
K20 Feb'
8c
July
Feb
28c
Jan
l7o
Jan
2,700
13c
May
29c
3c
5,000
19,900
22%
22%
25
4%c
3%c
4%c
2,500
7.25
7.00
7.40
2,560
17c
22
3c
17
19%
20'/a
13%
13%
100
1
Oil
5c
5%c
2.000
22%
23%
1,690
26
26
295
23%
41
common
:
23 %
'
25
Columbia
Electi'ic
British
Columbia
Forest
Columbia
pfd
class
A
2,445
Aug
Mar
4% May
11%
Apr
14% May
8% Aug
13%
13%
155
8%
8%
8%
535
27%
26%
27%
4% Mar
24%
515
675
2
Apr
25c
16,100
16c
Feb
35c
39c
32c
2,000
25c
July
37c
Jan
35 %
July
32c
32
120
28c
30,800
Buffalo
Ankerite
•
1.79
1.68
1.84
3,470
Buffalo
Canadian
•
10c
Buffalo
Red
1
9%C
Products
•
A
Callinan
Flln
Oils
Flon
Canada
Iron
Foundry
Canada
Northern
Canada
Packers
Canada
Permanent
Feb
25c
Jan
200
28%-Peb
35% July
31 Va July
class
35
30%
30%
25
21
Apr
19%
21
1,444
13%
Feb
5.15
5.80
5,650
3.65
Feb
11c
10c 12%c«r
40c
49c
7;500
2.80
2.50
2.90
Wire
_
Apr
21%
300
28
28
50
13% May
v
•V
14% Mar-
16%
95
6%
240
5
9%
9%
180
16%
17
65
182
182
13%
13%
390
37%
37%
371
27%
27
27%.
100
*.
Canadian
Class. A
Car
-
Jah
*
201%
14
Jan
35
Feb
42
Jun
21% Mai-
•
Mar
31
Jun
Mar
■4--
May
7%
50
5
22%
22%
665
21
20%
21%
3,400
20
20
20
26
26
26
50
23
Apr
20
20
40
17
Mar
i'.-c. 211/a
13%
700
10
Mar
14%
Jun
16%
35
15% Apr
18%
Jun
*
a
13
13V4
—
16%
r-s.-
——
>
Jan
18
7%
__20
Common
May
11
.
_
_
181% Aug-
6
7
11%
21%
•
—
preferred
-
-
Feb
22%
10
•
common-.-..
16% Aug
15% Mar
37%
«
—
22% May
July
!'29
9% Aug
13%
<■
class B__.
3.00 Mar
■>
27/* Apr
—
Bakeries
preferred
Jan
2.15
16%
*"
com
Breweries
Cahners
Jun
21 Va
10
Mtge_
Canadian Bank of Commerce
Canadian
18c
650
--
B
Llnfes
Cable
Canadian
Feb
Mar
21%
50
&
J
—
—
Aug
7.60 May
6c
2,900
—
20
*
34c
20,100
i7
—
Preferred
Canada
Jun
6%
common-
Power
Canada Steamship
6c
34%
Machinery
Canada
15 %c
6%c Aug
48c
-20
—
Jan
Jan
7,000
5.80
•
common
2.40
1.25 July
6,500
9 %C
1
Lake
99c
9%c 10V2c
i
—
Jan
Sep
May
7%C
35
•
3%
July
30 V*
•
Calmont
22
15c
20%
*
41
Calgary Si Edmonton
Sep
3%
22C
28
B
27%
Jan
3 Va
18c
Lake
Jan
99
25c
1
—^
Jun
.27% May
Jan
3
32
Cement
2$%
"
90
—0
Preferred
Feb
110
25c
Red
Jan
20
2,475
1
Campbell
Jan
7%c
3%
Buffadison Gold
__
16%
Aug
90%
•
Broulan Porcupine
Bruck
Mills
_r_
class
Aug
4c
3%
41
Co
22% May
13%
90%
•
B
&
Feb
Feb
Jan
Feb
3%
*
Dominion Gil
Class
6c
11
90%
♦
British Columbia Power A
Burns
24%
Apr
Aug
41
B
Building
Jun
Jun
100
^
Products
Packers
5c
57c
6.50 July
5
Feb
Apr
Aug
2'/2c
25c
•
July
17% Mar
16% Mar
280
May
-V&Sdttfty/
16/
Aug
Mat-
34c
20 Va
July
10c
3c
Light & Pwr com—41
Lake
Jan
Jun
13c
*
Distillers
Jun
25c
174%
Mar
"
25c
41
Mar"
21c
7,100
6V» May
•'5,500
34c
Jan
4%c Jan
9c
;Jun
41%
Aug
160
*10,500
13c
16c
Jan
Jan
40c.
18%c„
17c
B
American
Class
32c-
*
class
British
British
11 %c
1
Preferred
British
15 %c
1
Brazilian Traction
British
593
13c
1
Mines
Red
29,000
40c
Pershing
Brewers &
Brewis
11c
172
18 %c
I
Mines
Co
Boycor.
IOV2C
169%
38%
Jan
37% Sep
Mar
4
30
172;
1
Gold
Bralorne
39
lie
1
1^.
Gold
Bordulac
1st
__
•
4%
39
100
Gold
Bonetal
Conv
*
90
4%
1
ai
Bidgood Kirkland Gold
Bobjo Mines Ltd..
Canadian
July"
2 Vac Aug'
•
'■
Jan
10c
...
3.25 Mar
Apr
5c
4c
1
67c
Jun
Mar
4
0aepe .OU Ventures .Ltd.——
-■"Home
j
3c
3 "Ac
1
Anglo-Canadian Oil CO Ltd.i—
-Consolidated. Homestead Oil
.
1
:
-
May
17c
Apr
•
v
Yellowknife
Telephone
Jan
14 %c May
15 % May
"8%c July
2.66
Feb
65c
Jun
2.35
2.60.
Bell
Canada
89c
.
July
8c
9»/2c
—1
•"
Aug
17V2c
Beaulieu
Aug
>4%6May
4,000,
14%
a
Ltd
/
"Tefck Hughes Gold Mines Ltd—
v^-Thurbois Mines Ltd
Feb
■
Ltd
Mining Corp Ltd
Sullivan Cons Mines Ltd—.
AUg'
5%c
13V2Cl3%c
__
7c
•
Ltd
Apr
1.80
•
,
—1
22
♦
Sep
4V2c
>.
5V2c
—
Ltd
1.73
,
,h
9c
213,700
21%
—_
Mar
1.18 Jan
..
1.55 Mar
6c
1
Feb
36o
17c
'
22
_
Jan
54 %
~~
Ltd——1
Mines
1.95
Apr
1.70
,
__
1-
Ltd—^
(1944)
Jan
14,000
66V2C
27 %c 27 %c
0
A
Bros
Class
5.35 July
20,300
8c,
class
0
Class B
Beatty
14% Mar
1
Mines
Jan
10 % July
*
4 -^iscoe Gold Mines Ltd4
Rtftdacona
Aug
14% Mar
39c
I
—__r_
Co
11,500
41c
1
Ltd—
Minefe
Mines
Feb
4V2p
1
Rantiaco Mines Ltd
/
6c
5c
1
Gold
Mines
May
31c
1
Ltd
Mining Corp
Gold
3c
4V2C
__
Mining
Power
33
«
Aug
1,000
8c
36c
Development
Yellowknife
Aug
4c
41c
'
••1
Labrador
4c
Sep
Aug
Ltd___'—_5
Quebec. Manganese Mines
Quebec
Jan
5.50
Mines
f,V;
Quebec
Jan
11c
12
1
Ltd
12
8.50
l
,
Gold
Feb
Jun
39c
__
16c
Jun
50
6.00
__
„
1
1
T td
10%c Aug
1
Ltd
ltd
Co
5.500
13%
„
'
Mines
Jan
49
1
*•
Gold'.Mining
Jan
24c
4c
Pen-Rey Gold Mines Ltd——v_———..i
Pitt
15c
4c
Mines
Mines
Sep
Mar
4c
Ltd
Cadalllc Gold
5c
1
—
6%C Mar
10c
1,000
__
Jun
1,026
4c
1
Jan
16,500
4c
Normetal Mining Com Ltd
Norseman
Mines Ltd
I—
•
9c
13c.
4c
'
1.56
Jun
7c
1
70c
Mar
2%c
9.20
i.
MW'1 J, , 3.50 Jan
33c
1
Mines
Lake
Gold
1.65
•
#
500
10%
Dredging Ltd—_
New
Feb
Sep
2'Ac
.
2%c
1
Fields
Red
8V2C
4%c
5
Macdonald Mines Ltd
McKenzie
Jun
14c
Louvicourt Goldfields Ltd
Gold
Feb
11c
Ltd
Mclntvre-Porcupine
1.09
30 %c
3,740
1
Lingman Lake Gold Mines
Lingside Gold Mines Ltd
Malartic
Mar
5c
_
Mines
Mines
53c
23 % Mar
"
12 %c Mar
ll'/sc
—
Gold
Aug
33c
l7Vac IP3'**!.
18c
Mining & Explor Co Ltd—_1
Oro
16 Vs
773
2.90.
10
May
9c
Mines Ltd
Mines
Lebel
Jan
72c
14c
Ltd
Ltd
Lake Shore
Lamaque
22c
Aug
13c
:
Lake
Wasa
July
43c
Ltd
Ltd
Mines
12c
2,000
Ltd '
Mines
Mines
4.000
-
1
Gold
Gold
Bathurst
1
Hudson-Rand Gold Mines
Indian
Jun
I—1
Ltd—
Mines Ltd
Hollinger Cons
13 %c
1.06
1.10
1
Ltd
Mines
Gold
Mar
73c
t
Heva
5c
17
2.80
1
Ltd
22,200
'
1
Mines
Base Metals
33c
1
Sol Gold Mines Ltd
Jan
4%c
4%c
1
22c
72c
1
.
Mar
21 Vac
__
1
—
Mines
72c
0
Sullivan Mines Ltd
Elder
El
Ltd
Mines
10c
55c
131/4
__
Donalda
Toronto
24,100
•
13c
55c
of
16%
,
a
.
23
Aug
Jan
24
Jan
22
May
28
v... :
Jun
Jun
"
Canadian
32 %c
20
Apr
July
Canadian
'-"•Tsr
Celanese common
;v: Preferred
_
Celanese
.
$1
-25
;
84
82
39
69
155 !
39
39
56%
Feb
34%
Feb
89% July
39% July
'
pfd
_
_
25
22%
CM CM
vN
25
20% Mar
23 Va
Jan
IT
40
THE
(978)
42'
COMMERCIAL
&
RANGE
FOR
WEEK ENDED
Week's
Last
r
STOCKS—
Sale Price
Par
Canadian
Dredge
19
—
9%
A
—
Canadian
Industrial
Canadian
Range Since January 1
Shares
16'
230
19%
9%
9%
100
14%
185
8
13%
Mar
Mar
Apr
25%
Alcohol
5%
13
12%
13
3,980
10
Mar
14
Apr
23
25%
145
21
Mar
30
Jan
Power
+
General Steel
Wares
Preferred
18
Aug
20
50
101
Mar
108
Jan
11'0% 110%
10
107
May
111
Jan
100
14
Mar
17
Jun
—
102% 104%
45
99
Apr
*
common—
Canadian
5lk
Oil
70c
6,225
13%
.100
—<
*
75c
13%
95
101 % 101%
Cos common
preferred
68c
15
1
5.55
Gillies
1
8%c
-Aug
11
Mar
15
" Jap
99% Mar
103
Jun
Lake
Gold
Glenora
Globe
Pacific
Canadian
Tire
Canadian
Wallpaper
Canadian
Wirebound
Corp
class
A
class
A
25%
17%
18%
6,414
12% Mar
24%
65
24
26%
17%
Railway
Canadian
18 %
Cariboo
Gold
17%
25
17%
25%
25%
15
24
1
Patricia
1.25
1.56
3,590
56c.
50c 57 %c
8,500
1
1.38
1.23
1.40
23,800
1
Gold
20c
17 c
20c
25,700
5%c
8c
14,500
131% 131%
3
Mines
Lake
Jan
God's
Sep
19
Jun
Goldale
July
26
Porcupine
Centremaque Gold
1
Chartered Trust
100
10,900
106%
2.90 Mar
6%c Aug
Jan
6.10 Jan
8c
8%c
2%C
2,000
2c
Aug
4c. May
65c
70c
17,750
52c
Mar
80 %c May
Feb
#14c
*
Aug
July
2.65
Jan
Golden
Arrow
1.80
Jun
Golden
Manitou
Aug
1.00
41c
July
1.05 Mar
49c
13c
Mar
5c
Aug
131% Aug
Gold-
64c
58c
68c
32,200
48c
Mar
17c
17c
17c
2,850
11c
Apr
19c
May
12c
10c
12c
5,000
10c
July
16c
Jan
7c
8%c
13,000
July.
14c
2.62
2.60
2.65
12,625
1.95 Mar
6c
7c
4,000
4%c Aug
1
5c
3%c
6c
54,500
3c
Mar
1
Mines
12 %c
—
Gold
__
—
.
7c
1.09 Jan
Apr
2.80
Au$
Aug
1.40 Jan
Goldhawk
Goldora
Central
19,385
2%C
1
1.20 Mar
550
1.50
Leduc
Central
1.25
1.55
*
Central
1.25
—1
Castle-Tretheway
5.55
70c
1
_
Oil
Goldcrest
•
15%
21% Jun
24%
—28
4.70
Jan
Feb
88c
64c
>
-
15%
100
—
High
115
—
100
—
Low
18
105
100
t
preferred —:
Range Since January 1
High
18
—
Giant Yellowknife Gold Mines—
Canadian Malartic
.
'
Shares
103
.•
common
preferred
5%%
15% July
25
"A".
Locomotive
Gatineau
Jun
12 %
,
for Week
Low
Par
Jan
Sales
Range
of Prices
Sale Price
STOCKS—
.
High
Low
High
14%
Canadian Pood Products common-.
Class
Low
Week's
Friday
A Last
Sales
of Prices
J&
MARKETS
for Week
Range
.
SEPTEMBER 8
yisFriday
—jfL—..
Monday, September .6,. 1948.
CHRONICLE
FINANCIAL
LISTED
CANADIAN
;
*■
Porcupine
Mines
33c
16c
Feb
Goldvue
Jan
Goodfish
*.
16c
Feb
9c
Jan
Jan
145
Mines
10c 12 %c
14,300
10c
Mar
2%c
2%c
1,600
2c
July
114
112
114
35
101
Feb
118
Jun
ll
10%
11
125
10
May
11
July.
10 c
10c
500
10c
July
16c
May
13 %c 13 %c
1,000
13%c Aug
18c
July
1
Mining
25 %c
Jan
4%c Mar
'
Chatco Steel preferred
Chemical Research
Cheskirk
7%
1
1
.
5%c
7%
42c
4%c
6c
7% Aug
35
40c
*
Mines
1,200
9,700
.8% Feb
30c
Mar
65C
Mar
8%c
Goodyear Tire common,
Gordon Mackay class A
Apr
4c
Graham
Chesterville
2.20 Jun
3.00 Mar
Bousquet
Grandoro
10c
1
*
Mines
1
Citralam
Malartic
2.45
2.80
21,771
15c
13c
16c
7,000
7c
July
30c
1
Gold
2.80
1
3%c
2c
3%c
48,000
2c
Aug
5c
Jan
Great Lakes Paper
500
13 %c Aug
22c
Jun
Greening Wire
*
27,250
1.72 July
Guayana Mines
Chimo
Mines
'
——•
Jan
1
95c
Gulf
'
Feb
A
Coastal
Oils
Cochenour
0
Willans
.1
Cochrane Dunlop common
13 %c 13 Vac
2.10
1180
8
*
2.15
6% Mar
155
8
"
Class
A
Coin
Plow
*
Lake
Colomac
Coniagas
1
Petroleum
Mines
Coniaurum
5
Mines
Consolidated
*
9,450
3,600
16
1,040
13% Mar
17 Va May
1,000
3%c Aug
6% Mar
5%c July
12c
32c
2,100
5c
Mar
2,000
46c
Apr
1.45
1.50
1,225
90c
90c
925
65c
Apr
1.10
Jun
Harker
12
12%
120
12
Apr
16%
Jan
Harricana
69c
27c
Feb
Halcrow
3%c
1
Swayze
Bridge
7%c Feb
Hamilton
55c
Hard Rock Gold Mines
1
Harding Carpets
*
Apr
1.51 July
*
50
53,700
11%
11%
100
7c
7c
2,200
5%c July
6%c
7c
6,500
75c
29,793
5,500
54c
July
85c
Jan
Hasaga
1
1.00
18c
13c
Aug
21c
Jan
Headway Red Lake
1
4c
4,634
55c
Aug
61c
Sep
Hedley
1
Consolidated Homestead Oil
*
16c
14c
16c
46,500
11c
Jun
32c
Jun
Heva Gold
Mines
Consolidated Mining & Smelting
5
116%
114% 117%
2,041
121%
Jun
Highwood
Sarcee
Gold
Mascot
9%
8
15
9Vz
Apr
2% Aug
10%
3% Mar
2%
2Vz
600
100
1^8
147
149
248
•
1.23
1.20
1.33
14,500
70c
Mar
1
20c
20c
21c
5,000
18c
July
30c
Home
Jan
*
Gas
145
Mar
154
Exploration
Croinor
Mines
Jan
Cub
60c
53c
60c
3,200
40c
Aug
90c
14c
1.04
27,435
65c
4c
2,000
3,400
3c
Aug
7c
Jan
45c
35c
July
95c
Jan
10 %c
14c
79,500
10c
Mar
24 %c
7c
Aug
*
Oil
9c
8c
9c
3,000
10%
9.50
10%
6,675
8.10
9.05
20,230
"
Yellowknife
1.04 Sep
Aug
8.50
Feb
15c
Jan
12
Jun
9.00
Jan
5.35
Feb
5%c
1
:
7c
3,500
May
9.70 May
9c
Feb
32c
38'c
16,000
25 %c
tylar
42c
Jun
23 %c 27 %c
21,250
18c
Mar
32c
'Jan
40c
500
26c
May
40c
Sep
51
1,225
3c
4,500
5c
1
35 %c
_1
27c
14c
10c
14c
5,000
8c
Aug
19c
*
40c
*
51
50%
8
8%
100
10
26%
25%
26%
810
•
17%
15%
17%
28,351
1.35
1.30
1.35
19,289
13%
13
13%
295
12
Mar
15%
15'%
50
14
Mar
6c
13,000
Howey Gold
Hoyle Mining
40c
Apr
1.00
Hudson Bay
Jan
Mining & Smelting
*
60c-
60c
60c
500
45c
Aug
D'Ar-agon Mines
1
9c
7%c
9c
13,500
7c
Mar
21c
Jan
Davies Petroleum
•
16c
i2%c
i6c
7,000
10c
Mar
20C
Hugh
Malartic
Hunts
Aircraft
May
3c
5
Hosco Gold Mines
Mar
1
Patricia
Jan
15c
1.35 July
1
Pershing
Crowshore
12c
Mar
Imperial Tobacco of Canada ordinary_5
Conwest
Crestaurum
Jan
12% Jun
Feb
Homer
Consumers
9% May
July
5c
Apr
42c
1
Hollinger Consol
37c
9% Mar
1
Gold
9
31c
1
Gold
3.20 May
Jun
9
61c
9%
5c
1.14 Aug
20c
22c
9J
28c
60c
*
Jun
27c
15c
Consolidated Press class A
Class B
Jun
1.15
1.65
16,500
91% Mar
Mar
1.50
59c
2
60c
15%
6c
1
Mining
8,174
21 %c
68c
Mines
Cadillac
95c
May
5
Mar
16
60c
Beattie
Central
Duquesne
86c
4
27c
Aug
1
Consolidated
Consolidated
Consolidated
180
1.50
24c
12
250
4%
•
54c
Apr
44 %
43%
1
54c
1.40
40% Mar
43
4%
1
5%c
1.45
Mines
Lead
6c
16c July
20% Jun
Gypsum Lime & Alabastine
10
23c
15% Mar
Gunnar Gold
12% Mar
520
»
Bakeries
Aug
275
16%
*
1,870
14% May
14
10%
Feb
*
19
17
13%
16
1
Yellowknife
Commonwealth
8
preferred
17%
Jan
va
*
-
Cockshutt
2.45
18 %
43 %
•
common
Ltd
2%c
1
43%
Jan
2c
Jun
4c May
7% Mar
10%; Jan
53%c Jun
Apr
—_
~
Imperial
Leather
Davis
class
A
Denison
Detta
Nickel
Red Lake
*
Mines
22
22
24
1.50
1.35
1.55
23% Mar
90
-1
3,900
-1
6C
14c
™=
1.05
Apr
26% July
1.60
class
A
16
Imperial Bank
mS!L
22—
Oil
Rights
-
—
23%
14
Mar
'
19% May
1.95
1.25 July
Jun
Jan
10yac May
9c
15,500
5c
Mar
10c 14 %c
87,800
10c
July
48c
Feb
2,700
26 c
Aug
45c
14% Jan
Mar
6c
Feb
27
Apr
Imperial Varnish common
;
Indian Lake Gold
v
1
6c
4c
17
4c Aug
Jan
Feb
7c
■
Dexter Red
Lake
-1
.-.
.
—
30c
30C
*
.
9%
G%
175
40c
45c
10,325
8% Feb
■
11
i
Inglis (John) & Co
Dickenson Red Lake
-1
57c
48c
58c
27,300
43c
July/
Discovery Yeliowknlfe
-1
37c
29c
40c
94,750
25c
Aug
Distillers Seagrams
-2
18
18%
700
16%
Feb
Diversified
Dome
18%
Mining
Mines
38c
Ltd
17
41c
16
17
5,000
30c
7,095
16
July
Aug
82c
64c
6
Jan
Inspiration Mining
1
Jan
International Metals class A
•'
27%
27 %
50
25% Mar
International
Nickel
*
36%
36%
36%
3.710
29 %4 Mar
International
Petroleum
*
1
13%
13%
13%
13,832
11
Mar
49c
48c
52c
4a,iu'j
40c
Mar
50c
1.00
1.00
1.00
500
5c
5c
8 Vic
8%c
2,500
1,000
8c
July
12c
Jan
5c
5c
1,500
3c
Aug
7c
Jan
17c
21c
9,950
15c
July
58c
Feb
44c
57c
97,150
25c
Mar
57C
Sep
22% May
65c
Jan
23% Mar
&
«
common
International Uranium
Island
Dominion
Co
Mountain
Mines
110
110
110
23
95
Mar
110
10
24%
24%
24%
305
24
Aug
27
Feb
Jacknife Gold
Dominion
-1
-25%.
25%
25%
570
22
Mar
28
Jan
Jack Waite Mining———
Jellicoe
Mines
Anglo
Invest
common.
Foundry Sc Steel
*
—
—
—
Dominion
•
8%
.
9%
175
6
Mar
24
Magnesium
■24
450
23
Feb
12% May
24
Joburke
Scottish
Invest
1
Dominion Steel & Coal class B
Dominion
5
5
43
44
175
25
17%
16%
17%
23
23
23
40
155
Feb
l37/a
3,972
•
Stores
3% Mar
55
50
com
Preferred
;
Dominion Tar & Chemical pfd
Dominion
Textile
Donalda
Dulama
Feb
21% Mar
Jun
16*/8
Jun
84C
May
1.45
Apr
Woollens
Feb
19% May
Jan
7c
6c
9c
12,000
5c
Apr
14c
Jun
23c
17c
24c
49,750
15c
July
27c
Jun
Kenville
Gold
East
Crest
!
Kirkland
Lake
Kirkland
Townsite
10% Mar
Oil
East Leduc
16
118
72c
65c
73C
35,100
51c
Mar
22c
19 VzC
22c
Jan
4%
Golden, Gate
•
Oil
1.10
7c
•
30%e Jun
5c
26,800
4c
Aug
10c
4,000
7c
Jun
33c
Jan
Lake
Dufau.lt Mines
6%c
7c
3,100
5%c Mar
56c
Feb.
10c
Jan
Lake
Fortune
50c
May
Lake
Shore
1,200
Aug
50c
10c
9c
lie
43,000
8c
36c
1.48
11% Jun
Jan
15
Jan
Apr
22C
Jan
Apr
60c
12c
Labatt
Jan
Ltd
(John)
Labrador Mining & Exploration
East Malartic Mines
1
1.60
1.40
1.65
17,925
1.33 Aug
1
2.90
2.60
2.90
22,650
1.64 Mar
3.50 Jan
50c
1,200
1.50
27,800
15c
15c
700
11c
Apr
19c
23%
24%
270
23
Mar
25 Vi
1
24
1
1
6.00
86c
5.60
6.25
74c
94c
4.10 Mar
8,450
62,400
38c
3c
3c
4c
3,000
11%
11%
12%
3,710
40c
7,300
25c
Jun
Jan
Sep
5c
10% July
36c
Jan
7.75
May
Feb
2c
*
_
Jan
94c
Mar
1
Mines —™.
1.78
1.26 Aug
,14% Mar
70o
■
May
Jan
2.08 Feb
Sullivan Mines
—
Gold-
Lake Wasa Mining
Jun
50c
1.27
*
13,300
4c
33c
29
10c
1
17c
33C
Apr
8,500
4,250
1
u
——
:
8%c
1
24
14
1
-
Feb
11
1
Duvay Gold Mines
Amphi
25
13%
1
Jun
760
.•
Ltd
29
13c
*14
—*
Gold
18%
12
1
Mines
r; Seji
29
10c
1
Kelvinator
26%
Kirkland
11%
15%
53c
1
13% May
25
16
Jan
*
Feb
21%
5
;
7c
3%c July
22% Aug
21%
lou
Mines
—
1
Mines
19% Mar
23%
common-
East
East
La
Eddy
Steel
Paper
«
class A
8%
8
20
—
18 %
18%
19
670
31c
36c
1.05
1.18
16c
20c
8%
6% Mar
275
10
16
Mar
20
24,850
24c
July
74c
198,350
12,200
55c
Mar
11c
July
Lapaska Mines _™;——i—™—
Larder
Elder
Mines
Eldona
Gold
El
1
Gold
Sol
Mines
1
l
36c
1.11
19C
1.54
25c
class
Brass
Eureka
Corp
A__
*
,1
1
20
—
20
1.82
19
35
1.80
2,116
May
1.15. Apr
21
4.55
"U"
July
Grain
1
;. .i."V
Fittings
Class
Ltd
pfd
Canada
—
40
;
18% May
40
40
35
34
47%
7%
6
8%
3,660
106
97%
106
170
1
5%c
6c
1,500
8
8
105
12%
12%
340
—
25%
™_
2.05
_~
__
2%
1,100
16%
250
25
25%
1,240
81
•
A
Gold
2
16
*
100
_™__
class
Co preferred
5.85
2,204
5.40 July
1
7%c
,5c
3%c
33,500
_™_—
—,
—1
4c
15
Mar
3% Mar
85
.
Mar
4%c July
8%
106
,3o
4%c
15%
250
Feb
8c
Jan
17%
Jan
^jun%
3C
27,000
3%c
14%
Feb
6.95
12
Aug
an.
r
'
Mar;.
Oro
Ltd
Mines
4%c
4 Vic
4%6
G'Jc
90c
2,500
1.16
1.10
1.18
2%e July
16,000
90c
1
—
Oil
Gold
Leltch
1
•
Mines
7,100
60c
5%c Aug
Mar
1.19 May
1.10 Mar
1.25
■V
Lexindin Gold
Lingman Lake Gold Mines™
Little Long Lac Gold Mines Ltd
8c
1
1
1
•
—i
Gold
8c
6 Vic
500
Jan
,-t
r.)j\
6c
42c
97c
30
6c
500
6c
31c
43c
60,400
25c
75c
1.00
20,420
30
30%
400
67c
July
16c
Jun
Aug
14c
Jan
July
July
59CitFeb'
*1.50 .Jan.
Jan
Sep
Sep
•
*
1
Class
B
May
8%
Jur»
Lunward
12%
Sep
Lynx
Goldfields
67c
1
13%c
*
Loblaw Groceterias class A
^
Louvlcourt
7c
9c
28%
28%
70c
82,100
24%
100
60c
26% Mar
Apr
31
•
jan
29% Aug
,
:40o;;;.,Mar^'/
.—r
Frooisher Exploration
Gair
5.05 May
15% Mar
*
':V»"
A
Francoeur
3.60 Mar
75
*
_.
common
Fleet Manufacturing
of
4.65
16%
*
:
:
—
y :•
Ltd
Fleury-Bissell
Ford
4.30
100
com_
Preferred
Federal Kirkland
5.58
3.00
•
Jan
16%
1,965
5.85
'
•
-
Fanny Farmer Candy Shops.
Federal
4.50
1.95 Aug
V-'jcT.K'U
Lebel
Leduc-West
Lencourt
•
2,300
Jun
Jan
.
Falconbridge Nickel
Famous Players
Mines—
Laura Secord
Jan
•r
Empire
2,41
*
:
2.25
3
Gold
2.35
May
May
*
Luz Mines
Lamaque
Eastern
8c
500
1.85
2.05
8,170
90 %
.100
91
179;
7% Mar
11
2
13%
21
7c
Mar
—
__——
—
Mines
Jun
3% Feb
Feb
16% Aug
MacDonald Mines
Jan
27
Macfle Red Lake
Apr
15c
1.30 Mar
86 %
Gold
Yellowknife
Aug
2.29
94
May
Jan
Feb
Jan
Macassa
—
—
—
Gold Mines™
MacMillan Export class A
:
MacLeod-Cockshutt
Class
B
1
—-1
1
1
•.
*
12c 13 %c
3,500
10c
3,500
6c
Aug
2.50
70c
9%c
2.63
70c
20,400
9%C
12,100
90c
1.14'
2.20Juir'
11,870
59c
8%C
43,100
227
40c
.
6c
85c
•.
12c
Aug *
■' 1.54
Aug
Feb <;
10%
10%
1,010
9
9%
8%
9%
2,225
4% Mar
3.005Jan
1.95 Jan
July
10%
-
HV2C Feb
I"..;-, '.••••I )<■
1.08
,
'20c'' 3?feb
July
9c
7c
11:
•;
r'-
9Va
Jan
Feb
July
Sep
v.—
y;
■'
39%
.
Kelore
Jun
Kirkland-Hudson
Dominion
•
31% May
Quebec Mines
Kayrand Mining
Kerr-Addison
1
1.00
Jan
55c
July
Sep
5% July
46
«...
1
Gold
Joliet
Dominion
1
1
—
'
34c
July
Dominion Bank
43c
May
For footnotes see page 44.
■i
-
y ■
''
f.
;
-j*?i y.
yfri'A' '••'.'■i'i
i'V,
rnm^w
-1-
*
Volume 168
.
-
*
',
-
*
,
Number 4731
.......-
,
Friday
Week's
Range
Malartic
Manitoba
Maple
&
16c
Fields
2%c
—_.
:
..
15
"""
14%
1
—
3c
3c
3,500
15
1,605
41/aC
6,900
■
•
•
Gold
10c
Martln-McNeely
1
Massey-Harris common
___*
Preferred ———-—-—_—20
—
McCabe Grain
class
McColl-Frontenac
22 %
14c"
3,300
5c
5c
5c
21 %
26
22%
*
26
261/2
8V2
8
81/2
250
12%
141/4
98
55%
551/4
56j/2
32c
40C
13c
9% Mar
90
Gold—T
—
1,
10c 14»/acs
13'/2c
Sherritt
Sick's
54'% Aug
75c
Aug
Brewery
class
Gold
-
Jun
8c
17,105
A
3.20
16'/a
15
15%
415
11% Mar
16
1
7.10
6.75
7.10
1,860
1
40c
40c
48c
13,900
35c
Jun
20c
July
—
Mining
;
1
1.50
1.45
1.60
400
3
Jan
Preferred
3,006
4,000
5
175
Moneta Porcupine
Montreal Locomotive
40c
35c
42c
420
14
73%
75
65
lie
lie
1,500
3,700
10c
12c
11%
Sep
Sladen Malartic Mines
Jun
Slater
Gold
(N)
61,500
120
42C
Feb
76
Apr
Feb
Standard
IIoo
preferred.
Calumet Mines
1
10c
Jun
37c
Mar
13%
10
Apr
Standard
Radio
10
Apr
14% Aug
14 'A Aug
155
600
25%
25%
65
2.09
2.37
25,900
102%
103
60
18% Mar
X
Gold
Starratt
Olsen
28%
Jan
2.99
Feb
Feb
1.91 Mar
100%
Apr
1.64
1.73
34,850
"75c
58c
50C
60c
37,239
31 %c July
161/2 C
21c
25,800
15%c Aug
3c
4%C
12,500
3c
17c
88,250
12c
Jun
8%c 10 % c
19,000
8c
Aug
—1
Norzone
1
Oils
15 %c
14c
10'/a C
Merger
Mar
Aug
23c
Mines
Nipissing Mines
25c
4,892
20c
Aug
0%C
6c
6%C
103%
8teel
25
25
Mar
30
18%
18%
10
17% Mar
20
1.33
18%
1.40
16c
4c
Mar
1.25
1.25
200
1.25
49%
___
48%
Malartic
50%
1.04
43
1,845
Apr
Mar
Norseman
"r
•:
Canada
Inca Gold
North
Star
Oil
1.73 Aug
Co
of
31c
Jan
Jan
Sylvanite
28c
Jan
Taku
33c
Apr
46c
Sullivan
July
class
A
—•
Canada
common
Jun
24c
Toburn
Jan
5V2C
470
''
13,500
4c
10c
38c
1,000
Apr
Aug
55c
48c
4%c
Feb
3c
500
2c
July
5
5%
1,000
3% Mar
5%
2,400
5%
6
Apr
1.78
1.96
14,000
53c
55c
3,000
50c
Aug
90c
1.45
6,900
92c
Jan
Union
»
10c 13 %C
69,000
10c
Mar
4c
6c
5c
5%
5%
1
9'/2C
9'/2C
1
8%C
76c
_
_
1
4c
1,000
6C
14,500
5%
425
10C
5,000
71/2C
9C
19,000
60c
1
Pacific
Petroleum
1
78c
24,900
2.20
B
17c
18c
1,600
14,216
Jan
Jan
Waterous
Jan
Wekusko
5c
Mar
lie,
Gc
Aug
18 %c
Walker
Feb
50c
Mar
1.15
Jan
15,900
7c
500
4c
Apr
1.42
13,050
80c
Mar
14 %c
July
11c
210
8,500
4c
Aug
5c
41/2C
5c
2,500
4c
8c
3c
1.06
Apr
14,100
62c
62c
65c
995
6%C
6%C
700
6%c
5c
12c 13V2C
10c
Mar
20c
River
45
65c
Apr
82c
Feb
13,500
9,780
4c
Aug
16 %c
Feb
Jan
2.30 Aug
37c
July
2.30
3.50
56c
Jan
;
86C
Sep
___:
44
Metals
East Dome.
—1
,_1
Quebec Gold
-1
Quebec Labrador
-1
V
Mar
88c
50c
Aug
72c
16
385
11
Feb
17 %
13%
580
10%
Feb
1.72
8,110
35c
80c
-
14%
200
5Vic
3,000
35c
35C
66c
80c
37
Feb
&
•
W)
Mines
Gold
July
13% May
5c
Sep
15
..
common
•
Mines
13%
14%
3,047
9
200
6%C
4%C
6%c
14,100
2.60
2.60
100
7c
500
14c 17 %C
21,300
25
41
42
55
51/2C
1,000
lie
lie
27c
36c
10% Mar
Mines
Knitting class A
Mar
13
Aug
.
34
26%
21
22
60
25
160
33
45
32
24%
25
-.•14%
Jan
19 %c Mar
25
33
Feb
Aug
31% May
■
9c
24%
24%
Feb
34
Aug
Sep
July
305
22
99%
99%
175
9c
6,500
7%c
5%C
7%c
26%
26%
823
25
Aug
',1
Jan
33%
Feb
Jan
36%
97% Mar
7c
98
May
28
%
Jan
101%
Jan
5c
Mar
12c
Feb
1,000
6c
May
10c
11,000
5c
Jun
11c
Apr
Mar
20%
Feb
/
.V
28% July
Apr
98
98
70
95
Apr
100
19%
19%
50
19
Aug
24
1.64
2.83
6,880
20c
24C
5,300
-
1
73c
56c
73c
27,550
5c
5c
5c
2,500
6%
25
*
61/4
—
Preferred
2.25 July
Jan.
2.90
Canada
&
Dominion
Feb
Ingersoll
Feb
3.00
Jun
Canadian
Jan
.
Marconi
Jan
Canadian
Vickers
Aug
28c
Feb
Canadian
Western
Aug
33%
Jun
Canadian
46
of Prices
,17c
May
49c
Jan
23% Mar
20
7C
1,000
5c
20,200
5c
17
17%
1,450
13
Feb
1021/a 1021/a
30
101
.Feb
Aug
Jan
Range Since January 1
High
7%
200
Apr
10
Jan
25%
4%
26
200
25
Jan
30
May
118
60
72
Mar
135
Jun
4%-
Low
6%
4%
600
112%
114
645
80
17 %
—
17 %
150
15%
Jun
15%
High
Apr
3%
Feb
6%
Mar
115%
Jan
Jun
18
Jan
20
" Jun
18%
18%
180
22%
22 V«
22%
125
19% Mar
24%
78
78
78
10
73% July
78
2%
2%
2'%
100
__
*
common
Lumber
Dalhousie
Paper
•
35
20%
35
420
4%
1,555
49%
105
19%
__
,
Disher
Steel
Dominion
42c
*
common
20%
4,575
4.125
33 %c Mar
5
5
29 %
29 %
22
21%
22
250
3.10
3.05
3.10
3ye
60
*
Paper
201/2
39
140
291/4
1,000
__
"
16c
July
Foothills
Mar
Hayes
Oil
Steel
■
—
-23c
Jan
19
May
102%
Sep
Minnesota & Ontario Paper
Oreille
Pend
—
-
—■—J,
43'/2
Feb
60c
,
26
26
26
75
20
64%
66%
2,045
46
26
24%
4.30
4.10
i 4.10
Mar
1
23%
:
Feb
66
-
■-
/
26
20
1,555
4.30
f>5<j
1,345 ?
:
600
:
'.i
2.25
55c
Jan
Jan
34
Apr
70%
Feb
Feb
Sep
Jan
5% Aug
May
33 %
2OV4 Mar
•
Jun
Jun
21% May
Feb
2.60 Jun
Jan
Sep
July
4% May
51%
2% May
27
"
..Yukon'-.-Consol/»-//'. ,.55c.>'
•
Apr
Mar
•
—j—
common
3
14% Mar
42c
39c
•
Bridge
Apr
4%
4%
*
1.5C
49%
__
0
0
Oil
International Paper
Mar
8%
Sales
Shares
25% Jan
16
11c
Jan
for Week
May
Apr
Aug
Feb
May
9c
7%
113%
1
Westinghouse
13c
9c
25
Feb
81c
117
,
July
23c
385
Range
__
*
—
6c
1,500
19
Aug
3%c Aug
6% Jun
*
13c
17,600
24%
55c
40c
*
Rand
30
Jan
19
Sugar
Industries
Canadian
8c
24'74
Jun
Low
5
Jan
Aug
Week's
__
100
:
—
9%
41
18C
Exchange-Curb Section
Sale Price
—
Bulolo Gold
9c
2.30
6%
Par
Sep
7c
24
25
6,000
Last
Apr
9%c
page 44.
225
13
7.20
9.45
Jan
26%
STOCKS—
8%
1
see
_
Girl
4c
July
19
9'/2c
27%
13
Jan
15% May
4c
24%
17%
27
10C 12 %c
5.1E Mar
4.60
Apr
8% May
2.35
Canadian Funds
Jan
102 W.
1,426
3,170
7c
Toronto Stock
Aug
Rupununi
•
6.30
9.10
Jun
1.95
5% Mar
5.80
Jun
49%
1.50 July
8.90
;Jun
16% May
1.15 Mar
330
12,854
7V2C
British Columbia Pulp & Paper com--'"
Brown Co common
1
1
I—100'
9,673
7%
Jan
12c
'.25
45% Apr
13% Mar
1.84
24 c
Feb
•
common
1.45
10
Feb
7%
2.75
90c
Oil
Saguenay power pfd
1.36
1
_
Mar
90c
30
-
__
55c
Roybar Chibougamau
Mines
16
1.57
•
_
Bear
Yankee
Donnacona
.--—10
50
340
9c
<■
35,400
36c
Royal Bank
25
16
5
_
Jun
51/2C
Co.
-
~
48c
86c
42
48%
15%
25
*
common
Mar
July
.
48%
99%
__1
30c
lie
Lac
Aug
__
1-100
Consolidated
,Rochette Gold
8c
1
_
2,000
Mar
7c
1.485
21 %
34
•
39c
30
__
-
Asbestos Corp
52c
7c
9c
9C
20%
•
*
5,285
16c
.
1
Andian National
11,900
—1
Aug
22
Feb
78c
A_.
2,345
7
12 % c
»
8%c Mar
52c
.73c
(1936)
class
8
Friday
1.50
75c
—1
J%n
7%
common
Canadian
—1
63C
27%
II_Il
—4_
Larder
Feb
44c
8%
—
Mat
13
—
II100
Jan
14%
Regcourt Gold
35C
6.30
May
52c
QUinte Milk class A
17,800
9.00
A4
com
45% July
78c
Mining
42c
7%
•
(Geo)
Yellorex
.
Quebec Manitou
Queenston Gold
Apr
361/2 C
1.45
•
17% May
2.10 Jan
5c
.
Mines
50c
1,500
1.60
1.65
570
4,500
67c
13
—1
45
70C
15%
16
12c
1.84
"Hill
(G
Jan
108
Aug
July
16
•
class
July
100
9
Feb
61C
67c
79c
32,800
Jan
65c
common.
86c
48%
•
Combing
Ymir
York
1.80 Aug
14%
Gold
Voting trust ctfs
For footnotes
Jun
12 Va C
Sep
Jan
80C'
Feb
7,500
2,100
Industries
Feb
21C
6c
——
•
Preferred
13,100
17,910
Russell
3.50 Jan
49c
3,400
v
Wright-Hargreaves
80c
50c
Royalite
2.35 July
27c
~
25
Winnipeg Electric
Jan
2.65
Oils
Jan
Jan
29% Jan
10c
7%
preferred— —50
Preferred
Mar
45c
Roxana
:i
8c
—
Winchester
46c
2.35
Mfg
Jan
1.99
61c
42c
*
B_,
A
Wingait Gold
Jun
50c
Roche Long
2.05 Jan
19c
Jan
2c
2.61
L
Gold—
81C
100 100'%
#
Jan
33c
Pioneer
Robertson
Jan
Mar
8c
1-100
Jun
3,500
7c
Gold
86c
1
Hill
Grocers
1.55
20,950
2.23
Silk
.
'
U Sep
21c
Aug
5c'_ July
60c
Apr
6,699
•
May
Apr
2.40
10
23% Max-
25,000
A
Yellowknife
Porcupine
Gold
80
7c
inrii
class
Ltd
7%c
3c
1.84
Reno
26%
35c
1
Consolidated
39V4
36c 391/2c
c
51/2C
Riverside
2,500
2.85
Resources
Products.
Weston
Mar
Feb
28
Aug
May
7c
Richmac
33c
)
Sep
12C
9c
May
1.25 July
271/4 c July
26%
—50
Preferred
July
19,785
2.15
Renabie
21,830
Jun
July
v
80
Jun
1,000
1.56
27c
Mines
(Hiram)
Western
Feb
1.48
1.33
Pickle Crow Gold Mines
Quemont
99c
1.52
9%c
1.35
2.73
H
Sep
July
Feb
70c
5%c
3C
J-.V?'
15c
5%
15
Sep
1.27
Apr
38 Vi
70c
'
5c
2.44
Amulet
10%
4c
12%C
'
Jan
90c
1.68 Mar
10
5%c
Ltd
Ventures
Waite
16c
22c
38
Gold
'
Feb
6c
Steel
7%c
Sep
1.15
Pen-Rey Gold Mines
i.cf;
67
1
Upper Canada Mines
Wool
Mica
95
30c
•
Keno
July
1.30
1.41
391/2
Purdy
8% May
•
Apr
Feb
30c
preferred
July
1.30
Mines
Proprietary Mines
68c
-
July
13 %
91/2 c
—
United
Jan
Jun
51/2C
Malartic
Preston
80
4
60c
90
*
Fuel
3c
5%
7c
Paymaster Cons Mines.
Pressced
145
10,500
1.54
.
—
Mining —
Corp class
5c
r.
19c
381/4
Pamour Porcupine Mines Ltd.
Pandora Cadillac
Corp
1.56 May
Jan
Mar
mil
Wiltsey-Coghlan
Power
26,300
11,525
26%
Mortgage
Westeel
Rouyn
55
90c
10
1.52
common
Silver
United
1.84 May
16c
May
1.40 Mar
J
i
_
Page Hershey Tubes
•
1.18 Mar
49c
July
1.20
l
Powell
5%
14%
1.98
*
Gas
Union
5% July
5%
1
Mines
Powell
,
21% May
8%c
.
1
Towagmac Exploration
Jan
Apf
13c
_
1——
Porcupine Reef
17% Mar
5c
18c
—1
Mines
Toronto
Aug
-
14c
55c
Mines
Piccadilly
100
1.90
Jan
40,700
1.S5
(Eastern)
Perron
20%
10
—_-l
Gold
United
Pacific
Parbec
97
1.98
III
Gold
Torbrit
Jan
5%
_
Lake
Paramaque
83% Aug
79%
100
Mines
Gold
Class
Osuiake
15
8%c
—
—
__50c
Ltd
Tombill
3.05 Aug
10c
5%
Orenada Gold
Lake
83%
68c
80
Mines
Gold
River
United
Gold
Omnitrans Exploration
Red
5% Mar
14 1/4
90c
«
Cons
Thurbois
1.50 May
52
May
40c
1.45
Orange Crush
800
5%
IZIIl
Gold
Teck-Hughes Gold Mines
Thompson-Lundmark Gold Mines.
Jun
3c
__
Malartic
3(466
201/4
♦
Inlet
Tamblyn
Jan
8c
161/2 c
37c
(1940).
Oils
Osisko
41/aC
39C
Omega
Orlac
4c
""""
Ogama-Rockland
O'Leary
7,700
57c
7'/a
Sep
4%c
1.50 Mar
18,500
47c
O'Brien Gold Mines
Okalta
10%c Aug
15,735
9c
Mines
common
Preferred
11,000
2.99
5%C
Mines
1.48
55c
83%
100
preferred
Transcontinental
Mines
Northland
15c
2.85
5%C
,
Northern
North
11%C
8c
Mining
Norpiok Gold Mines
•
Jan
May
July
"
15c
2.87
Normetal
•/i
Apr
39c
6%
•
7%
—
Norbenite
55c
25 %c Aug
•
57c
»
Steeloy Mining
Steep Rock Iron Mines
Sterling Coal
Sturgeon River Gold
Jun
60c
Mar
10 %c
8,500
41,600
4c
15 %C
Yellowknife
Mar
6,900
Bros
Surl
Gold
34c
10,265
26% May
24
20C
_r.
New Jason
Jun
101% Jan
27
•
:
25
14
—
Mar
30c
•
Preferred
Paving
23%
1.70
Jun
26
Mar
96
43c
Chemical
Standard
14
2.36
18
120
27
—
*
160
26c
Springer Sturgeon —Z
Stadacona Mines (1944)
15c
Stedman
Negus Mines
23%
38c
*
Apr
Jun
23
..10
jari
Jan
31
1
54c
13
23%
—
48c
Mar
100 100%
Feb
12%
9% July
24
190
Feb.
70c
_20
common
-i-—.
Co
22%
100%
1
—;
Co
10 »/4 Mar
14
Noranda Mines
Siscoe
40c
May
18% May
40c
9%
28%
23%
101/4 May
6%
31c
9%
28%
8.50
July
.
100
_
9c
100
13%
13%
_
B
Rouyn
'
6.50
Apr
Jun
May
.
'
111/2
National Steel Car
National Trust
Pacalta
Mar
15%
73'/2
National
New
Mar
15«/2
—_
New
28c
11,200
73%
Corp common--—
Long Lac
Mylamaque Mines
Marion
Mar
4% Sep
151/2
Moore
Mosher
(Win)
22c
'
Southam
Drug preferred
National Hosiery class A
39C
9%
Class B
40c
„
28%
Simpson's Ltd class A—-——*
—'
36c
1.25 Sep
1.43 Mar
llVi Mar
Silverwood Dairies class A
4%
11% July
,,
675
Jan
40c
Feb
Mar
64,013
lie
4%
10
98C
July
16
21
Works
300
Feb
Jun
49
2.65
29c v..Jan
6.10 Mar
44'% Mar
5,100
Jan
23%
2.35
15% Mar
9.90
16%
67 %C
15%
5%c Mar
9.50
/
,/
Feb
2.55
250
;
n%
,1.25
Mar
20Mj
50
1.12
Jan
July
Sep
4.35 Feb
' 17c
Jan
15%
5,000
Alfg
47%
*
Aug
46
May
88c
465
47%
14
34,700
11%
—
7 Vic
1.15
51c
'
Aug
Aug
V;
;
22%
1.25
1
—
common
201/4
4
95
44C
50c
6c
,
8c
15
22%
,.V
50o
,
Gordon
Breweries
Silanco
7%c July
—100
—
Mar
66
32c
8,200
7%C
50C
Voting trust certificates
Sigma Mines (Quebec)
Jan
15c
July
3.00 Aug
22%
•
7»/4c
„
Tool
Nicholson
May
July
43
•
*
.
Model Oils
New
Creek
100
Feb
9c
1,000
Wpg
Sheep
9% Jan
80
430
7,868
83
'■/ '"/:/]'/
-L
Shea's
16
125
46
3.80
14%
•
Mining Corp
Nib
May
85
82
3.15
8C
20
Oil
Brick
Newnorth
30
Preferred
14% Aug
43%
a
A
Shawinigan Water & Power
July
14% Aug
46
Silver Miller Mines
McMarmac Red Lake
Mercury Mills
Mid-Continent
New
13c
23
Mar
Mar
High
200
:
83
Mines
class
Low
14%
3.80
Senator Rouyn Ltd.
Mar
7% July
29,500
13C
Sannorm
Scarfe
Range Since January 1
High
14%
-
San Antonio Gold Mines Ltd.
Jan
6c
.
873
40c
"
31c
Aug
16
24
15
1
Neilsons
Apr
Aug
1,980
98
.100
5
New
1.95 Jan
3c
225
-
McKenzie Red Lake
Class
Feb
40c
9c
-
6,475
McDougall-Segur
Mclntyre Porcupine
Modern
pfd new__
St Lawrence Paper—
1st preferred new.
2c Aug
4c May
11
Mar
15 0 Sep
3c Aug
6c May
'//,/> Z'fc ■ •'/
1,000
141/4
A__
common
Preferred
Milton
St Lawrence 2nd
Jan
2nd preferred new
Eastern
Milling
Mines
Marcus
3.15
Aug
1.50
Leaf
Maralgo
2.25 July
——.
Gold
Shares
Low
Madsen Red Lake Gold
Magnet Consol
for Week
of Prices
Price
Jun
28
''
4.80
1.00
May
Apr
Feb
-
44
THE COMMERCIAL & FINANCIAL S GHEONICIiE
(980)
Monday* September 6, 19"4B
OVER-THE-COUNTER SECURITIES
^Quotatipn* fqr Friday September 3 ?
'
',
'VT'iU;'
-
* i
i
<
:
,
Investing Companies
;
Inc—
Fund
Amerex Holding
American
3.91
9 %
4.28
10
1
—5
-1
1
7.95
15.62
4%
3%
8.59
16.98
5%
4'/2
America
•
95.38
99.35
1
19.44
20.02
8.75
18.24
Inv Tr of
Inc
Fund
Boston
Bowling Green Fund Inc—_10c
8.74
Broad Street Invest
Corp
5 ' ' 16.87
1
1
17.89
3.95
—1
1
28.33
13.71
Ltd
Fund
Bullock
Ltd
Fund
Inv
Canadian
Shares Trust
Chemical
Fund
Century
14.83
com—100 2,810
2,910
—100
142
147
Investment
1
5.82
6.33
Securities
Christiana
Preferred
~
Commonwealth
Fund
Delaware
15 00
148
1
_
25c
Shares
Dividend
19.60
5.05
31.53
'
4.05
4.10
4.52
3.23
3.56
4.19
4.62
4.37
4.82
Furnishings shares
None-Ferrous Metals
lc
Paper
lc
4.19
4.68
lc
4.53
Fund————
Stock
shares
Nation-Wide
Balanced
National
Fund
Low
Priced
Income
General Investors
Aviation
Building shares
Chemical shares..
Series.
shares
Food
3.86
6.03
1
,6.43
3.82
New
3.89
York
Bank
1
9.66
supply
l
series
Steel
1
Utility
14.02
12.34
8.90
6.75
Electricial
11.43
Insurance
5.36
equipment
Howe
Investors
Incorporated
Merchandising
7.59
8.23
8.44
Aviation
Bank
Shares
8.19
Oils
9.52
9.99
______
Insurance
9.84
1
11.95
1
6.06
6.54
7.17
Railroad
6.10
bteel
8.89
2.49
2.72
4.39
4.77
Petroleum
5.50
5.97
Putnam
5.44
5.91
4.17
4.53
Republic Investors Fund
Russell Berg Fund Inc
5.03
5.46
4.46
4.82
"*1.70
*1.74
23.52
25.43
8.56
75c
equipment
1
9.38
7.34
&
Trading
9.84
11.12
25
1
15.24
1.03
lc
13,64
14.95
_1
1
3.02
26.43
11.25
Investment
Street
48.75
Corp_*
25c
Trusteed Industry Shares
91c
81c
6.39
Investors Management Fund
1
14.53
14.87
Union Preferred Stock Fund—1
20.21
Fund series A
Bond
Union
Union Common Stock Fund
Dated
Rate
i'
Bid
Due
Ask
,
i
5-1-48
1.55%
.
1.55%
2-
1-49
bl.65
1.50%
1-48
3-
1-49
bl.70
1.55%
!
6-
"
-
1-55%
3- 2-48
H-
1-48
bl.60
1.40%
1.55%
7-
1-48
4-
1-49
bl.70
1.55%
t
6-1-48
11-
1-|8
bl.60
1.40%
1.55%
8-
2-48
5-
2-49
bl.7i
1.60%
I
1.55%
3-
1-48
12-
1-48
bl.60
1.45%
9-
1-48
6-
1-49
bl.75
1.60%
1.55%
4-
1-48
1-
3-49^
fel.65
1,50%
.
'
1
1.65%
t
-
}
Bid
Bid
Ask
bl.06
0.95%
Oct.
31,
1948
btoe
0.95%
Oct.
28,
1948
Sept. 23, 1948
Sept. 30,
1948
bl.06
0.96%
Nov.
4,
1948
bl.06
0.97%
Nov.
bl.07
1.00%
Nov
bl.07
1.02%
Nov.
Sept. 9, 1948—
Sept. 16, 1948
27.29
28.53
United
24.30
26.51
Wall
1
16.56
18.07
9.41
10.27
Whitehall
16.56
19.57
Ask
bl.07
1.03%
bl.07
1.03%
bl.08
1.04%
bl.08
22.09
28.68
14.80
16.14
Diversified
12.97
14.15
5.39
46.64
10
Bank of New York-
1.04%
First
321
40%
42%
100
28
16 %
Trust
36%
38%
Manufacturers
Trust
10
42
4.4
Morgan
&
1
16.11
17.32
Continental Bank & Trust
Trust
Co
Bank &
20
42%
44%
10
23%
56%
58%
Public
78
81
15%
Title
32
34
United
Independence Trust Shares
25
Co
17%
.490
45%
47%
50%
20
Inc
Co
52%
100
x209
215
12%
40
42
25
87%
90%
Trust_17%
39%
41%
City Bank
Sterling
14%
P>
30
100 1,460
24%
Fiduciary
6.90
(J
National
Federation Bank & Trust
Shares-
10
15
Trust
&
2«6
Irving
Chase National Bank
Bank
Aak
,340
industrial Bank of Commerce-10
104
92
Commercial National
Bid
100 1,280
89
Chemical
5.44
1.05%
100 x277
Trust
Central Hanover Bank & Trust 20
8.75
Unit Type Trusts—
Bank
National
Guaranty
Kings County Trust
Lawyers Trust
9.93
18.74
5.91
1.04%
bl.09
/
Par
25%
306
.100
11.00
2.00
1948
2,
Ask
24%
._10
Brooklyn Trust
9.74
17.18
Inc
Trustee
bl.08
1948
26,
1.04%
bl.08
1948
City Banks & Trust Cos.
Bid
100
8.00
Series E
4.98
Par
10.12
1
24.67
98.04
18,
Exchange Bank & Trust_20
50
Empire Trust
22.61
1
New -York
—
Corn
26.29
Mutual Fund—•
'%!
1
Street Investing Corp
Fund
——
1948
12,
Dec.
__
17.96
(Low Priced com Stks)__l
1948—
14,
Shares—
Wellington Fund
(Speculative Bonds)
1
K-l (Income pfd Stocks)
1
K-2 (Appreciation pfd Stks)_l
S-l (Quality common Stks)_l
8-2 (Income com Stocks)—1
S-3 (Appreciation com Stksl.l
B-4
1948
7,
1
Fund
Income
1
1
Fund
1949——
1,
1.45%
Bankers Trust
17.90
Serond
1.35%
10-
._10
21.36
Fund
Ask
1.35%
bl.55
10-1-48
1-48
51.75
1
S-4
Bid
bl.55
-
2-48
84c
1
Loomis Sayics
Loomis Savles
tl%s July
.0291
1-48 :
Due
1-
7.07
75c
10c
-1
Knickerbocker
100.0225
—-
5-
12,17
C
Bonds)
Dated
Rats
1.85%
1.45%
21
6.46
B
Priced
.0136
3.31
20
1
Series
(Low
.9779
_!
50.25
Inc
Series
B-3
.9793
99.9617
June
28.42
7.87
Grade Bds)
1, 1948 Series
16.39
Fund
29.66
(Medium
.0335
99.9647
tl'/as
1949
1, 1949
1,
Federal Intermediate Credit Bank Debentures
Oct.
5
•
(Geo)
Fund
8.98
10.15
Selected Amer Shares—•
Shareholders Trust of Boston—1
State
8.04
.
.1
_1
Tobacco
7.18
B-2
tls Oct.
83C
93C
Keystone Custodian Funds—
kio B-l (Investment Bonds)
.0150
100.0166
1949—;
Scudder, Stevens & Clark
lc
Group.:
100.0115
Mar.
Oct.
8.15
lc
of
Indebtedness—
6.64
1
Utility
27.28
of
1,
1, 1949
— 100.0070
1,
1949—;
100.0040
tl%
13.10
8.20
America....1
Bond
Co
Trust
tlfts Jan.
,
9.93
Pacific Coast Invest Fund
1
and
Investment
.0291
.0211
tl%s Apr.
Certificates of
100.0225'
Series K
tl Vss Feb.
.3000
100,2000
Ask
Bid
Indebtedness—
1948
" 19.00
Boston
Stock
Investment
-1%%
wi
1950
1,
10.78
9.06
17.34
5.62
lc
Group shares..
1949—
1,
Oct
12.45
.1
Standard Utilities
shares
11.36
—1
I
7.51
Ltd—
Group shares
Group
.0208
.
10.93
l
Metals
7.55
Sovereign Investors
Institutional
.0291
9.36
9.97
l
—5
Inc
Fund
Plan
Income Foundation Fund
121
12.01
8.54
1
Machinery
7.78
10.96
_1
stock
10c
shares
11.28
12.79
„
lc
lc
lc
lc
1
shares
10.63
11.26
Industry—
lc
shares
Tobacco
12.24
.1
stock shares
Railroad
11.17
Diversified
shares
Bond
9.71
Diversified Investment Fund-l
Diversified preferred stock—I
Equipment shares
RR
bond
8.86
6.83
lc
lc
Railroad
7.78
10.73
1
Corporate
7.46
7.10
9.79
,
1
6.23
Public
shares
1.
7.17
Railroad
shares
tJan
10.59
6.54
stock
9.40
shares
119V2
1961
3s
Maturity—
tl«
1%% 100.0112
tOCt.
tApril
Inc—
Aviation
7.13
Mining
Canal
15.85
__1
Stocks
Automobile
8.67
Petroleum
100.2
Other Issues
.4.25
14.78
Agriculture—
6.57
Merchandising
.
100.2
100
—
4.17
—lc
lc
lc
shares
wi—
1949
7.03
Selected Group Series
l
Low Priced Com Stock Series 1
New
England Fund
l
shares.lc
Company
15,
Certificates of
1%%;100.0626
—1% 100.0225
15, 1948
1, 1948
—1
5.03
4.93
shares lc
Institutional bond shares—lc
Priced
4.60
6.22
Fully Administered shares—lc
General bond shares
lc
Low
7.70
5.52
5.74
8.21
Ask
Bid
Treasury Notes—
7.19
7.05
10.55
Industrial Machinery
Investing
7.39
6.58
6.29"
lc
—
6.76
5.74
—lc
Equipment shares lc
Electrical
9.89
1
Series
Building
lc
lc
lc
99.31
1949-
22,
100.2
Dollar Price
Int. Rate
14.64
9.15
3.53
48.12
6.88
13.63
1
6.80
5.35
.—lc
shares
shares..
Automobile
16.21
1
Chemical
Securities—
Agricultural shares
14.83
_i
15.91
44.75
Group
12.89
31
6.21
99.31
II. S. Certificates of Indebtedness
28.58
11.92
1
Series
Series
27.37
5.59
Sept.
Ask
100.5
100.2
—
1949
—
Panama
tSept.
Industrial Stock Series.
5.91
l%s
Bid
1949——
20,
15.
8.27
26.39
1
Bond
Stock
4.15
14.52
Corp——1
Trust.
1
Capital
General
7.55
.1
Corp
17.19
2.07
July
100.24
99.31
4.05
I
Investors
Stock Series
1.90
1948
Maturity—
26.28
29
tflRR-iq53
15,
>
Securities—
25 32
10
First Mutual Trust Fund
1
Fundamental Investors Inc
2
Fundamental Trust shares A—2
3.67
4.41
_1
National Security Series—
Bond series..
Preferred
'
1
Mass Investors 2d Fund
Mutual Invest Fund Inc
3.99
Corp
Boston
First
lc
shares
16.08
Equity Fund Inc
20c
Fidelity Fund Inc——«.
5
Financial Industrial Fund Inc_l
1
1%S Sept.
a
Jan.
Apr.
4.99
4.00
Manhattan Bond Fund Inc..lQo
Mass Investors Trust
l
16.39
1.63
91/..
1952-1950
l%s Jan. lt 1953-1951
1.65s
100.12
li
1%S
l%s
5.16
Steel
•
iy4S May
100
98
98.20
Banks—
Loan
Home
Ask
99.24
97.20
98.8
,1950-1948
l%s Oct. 1,
32ndspfa point
one or more
Federal
Bid
4.62
lc
shares
Petroleum
24.58
1
—-1
Fund
Balanced
Federal Land Bank Bonds—
3.67
Home
;
Figures after decimal/point represent
Aak
_lo
Speculative
Baton St Howard—
Bid
Business Equipment sharei.lc
Drug shares—
__lc
Electrical Equipment shares-lo
General Industries shares—lo
28
AXe-Houghton Fund Inc
Axe-Houghton Fund B
Beneficial
Corp
Blair Holdings Corp
Bond
Managed Funds—
/ Automobile shares
-
2
A
Par
*
Oilstocks
Standard
series
Shares
4.60
26
1
Shares
Business
Associated
10
Corp__i.
5.70
Obligations Of Government Agencies
Aik
4.21
1
1%
Sescurltles
Aeronautical
Affiliated
-Bid
5.19
Par
Mutual Funds—
_10
Trust
10
New
York
Trust
Bank
Nat'l
&
National
Guarantee
25
Trust
&
Trust
States
76
12
79
8%
100
9%
560
590
7.90
North Amer Trust Shares—
100.4
Series
:
1
-
Series 1956-
47.59
2.19
1
3.54
—1
1955
2.53
2.49
__
Recent Security Issues
Insurance
Companies
Bid
Arkansas Pow & Lt 2%s
1977
Aetna
Aetna
Pat
;
Commonwealth Eidson
Life_
Agricultural
—
78%
82%
Home
,_5
27%
28%
44%
46%
Insur Co of North America—10
95%
49
51
Jersey Insurance of N Y
37
41
61
65
13%
14%
20 %
21V2
i
20
Maryland Casualty common.J.1
American
Alliance.—
Autamobile——4
American
Casualty—
—5
American Equitable Assur—5
American Fidelity & Casualty_5
Amerlcan
American of Newark
.
40
13%
18%
12%
14
17
2%
15%
Re-Insurance_..____10
29%
American
Reserve——
10
American
Surety
25
10
$1.05
42%
11%
16%
American
$2.10 Prior preferred
-.
Massachusetts
22%
60
62
37
25
Shippers
Bankers St
;rrr:
Boston
—io
n
National
(Detroit)—10
Fire
74
57%
York
5
Fire—
Continental
General Life
10
Casualty.—10
10
Grum St Forster Inc.;
Employees Group Assoc.———•
Employers
Reinsurance10
10
Fidelity St Deposit of Md—.—20
Federal
—T
New
46
2
_5
12%
22%
24
Northeastern
Northern
32
34
Pacific
Fire
25
Indemnity Co
IO
34%
70%
61
145
57%
140
6%
5
12.50
•
78
103
25
45%
Republic5
Globe St Rutgers Fire com—.15
2nd preferred
15
8%
20
73
9%
23
Springfield Fire & Marine
4%
10
Standard Accident
10
Oreat
30
78
31%
Travelers
28%
30%
Fund
of Frisco
Firemen's of Newark
10
5
55
67
Corp (N Y)—
2
(Texas) —4—j Q
Republic
St Paul Fire St Marine
General Reinsurance Corp
Glens
Falls
Globe
&
American
5
Seaboard
Security
U S
Hanover Fire
Hartford
Fire
Hartford
Steamboiler
n
-yt< ■»yirw*^*4i»v'rrr w
—10
—10
10
109
33%
112
35%
U
S
U S
■
y
100%
'
12%
Surity
(New Haven)
Guarantee
Westchester
Fire..
91%
100
'
-i'i vr'i i-
4.50%
preferred
.———100
States
(Minn.)--
103%
105/"
103
Northern
),
>'
Pwr
i',
:
ti
4:'
'
''-lOlVi'
•
»%
4.80%
preferred
_"■
103%
104
pfd—100
104%
106.;:. 4.
V
3%s
Pacific Pwr Sc Light
iv*n—1977
1978
^0^
-
;
Okla Gas & El 5%%
—
*%< • -11:
101
102
100%
101 %
Public Service
San Diego Gas St EI 3s
Southern
California
_1978
.
•
-
1973
100%
101%
—1978
100%
"
v
~
•
•
'•
■
14%
15%
10
43%
32%
590
2
preferred
3s_,_1978
100
100
97%
•
12%
_l
3%
Transmission
Tucker'Corp "A"——1
JPl
'{i
4"
•.
a
Odd loi sale (not Included In year's range)
included
Change.
in
dividend.
n
year's
ringe).
e
Ex-Interest.
■
trBlg yield price,
f Flat price,
k Admitted
d Deferred delivery $alei (netto
listing
on
N.
Y. Stook
Admitted to trading N. Y. Curb.- rCash sales (net Included in year's range).
(Hn) Admitted
x*Ex dividend,
y
Unlisted Trading
to
Ex-rights,
z
privileges,
Ex-stock dividend.
r
.
w
d When
.
..
delivered.
.
.
Ex-
t Ex-stock
wlWhen
Issued.
"
..."
;
48%
5a
10
2.50
75-
M
•
=E=
29
•
,.j:|
101%
Texas Eastern
Power
79;
»
,
'
•
•
A
.
76.
Tennessee Gas Transm's'n Co—
4 V* %
Power 3a
(Indiana)—
3.50% preferred ------ rr"-I00
Public Service of New Mexlco.7
•
Edison-—
B.__
West Penn
78%
52
•
93% ,,%
,
29%
4
Fire
preferred
5%
10
100
Fidelity St Guaranty Co
V
103.
101^
England Gas & Elec—
4 Va %
101 Va
103
Wise-Michigan
23
43%
10
Phila_
New
34
Reinsurance
10
—0
Fireman's
of
Kentuc^yUtilitiesd^OipM^IOO;
79%
5
13%
Assn
EnglanjA^y^ ^s---.—1973
3s series
—10
58
69
14%
Fire
101%
7%
83
„•
Phoenix
Preferred Accident
Providence-Washington
J
4%
■«:U
100% t -101%
-1978
14%
_2.50
19%
——
95%,
.44
86
53
67%
3s
30:
41
18'A
83
51
32%
,
94%
~
.
34%
iQ
Fire
River—.
;
100%
New Jersey
x32%
28
Pacific
Camden
Connecticut
1978
Ohio Public Service
North
;
N Y State Electric & Gas—
28%
44
_5
Casualty
Hampshire Fir*-
NarraganMt^Elec
91%
..
1<J4
S%s.20O3.
26%
__10
Amsterdam
New
3%.
28%
6%
Lt
&
89%
Aak
Kansas
4
Pow
pfd-100
Florida Pow & Lt 4%%
96%
95%
Georgia Power A Lt 3%s^_1977
Louisiana
13.%
101%
City Power St Light—
4% preferred *,
,
100
102%
102%-
1967
27%
79
' 60%
-1978
Cudahy Packing 2%s
.
National Union Fire
New
26%
25%
5%
Merchant Fire Assur
Merchants & Mfrs—
National Causalty
23
3s series N—
48
21%
preferred.5
Bonding
5
31%
24%
34
46
Convertible
New
Automobile
10
Bid
13%
100%
Co—
99%
10
Surety
10
10
25
St
Insurance
Fat
Central Illinois Pub Service—10
Consumers Power 4.52% pfd
*
97
Ask
10
Casualty
Aetna
Ask
Stocks—
Ask
96
,
Bid
Par
,
'•No-
par' value> tin, default.
dividend paid on May IO,,
*
Ithese ; honda
-
ara
subject, to all Fedora) tageg.
(
*
"
f®» |4t oasn
»
x
^ -
34%
-rr*
1
:
■Volume 168
Number 4731
THE; COMMERCIAL &
FINANCIAL
CHRONICLE
(981)
45
Week Ended
Aug. 28
1947
THE COURSE OF BANK CLEARINGS
Bank
clearings this week will show
increase
an
with
compared
a
year
for all cities of the United States from which it is
possible to obtain weekly
the corresponding Week
last
ago.
inary total stands at $12,911,805,940 against $11,061,210,168 for the
1947.
At this center there is
gain for the week ended Friday of 10.8%.
a
clear¬
Our
V
1948
York
1947
$6,419,309,496
Philadelphia.
25,3
+
27.6
+ 10.5
208,645,784
+
29.2
206,100,000
i
+
22.2
247,598,000
+
281,928,318"
214,186,096
292,985,821
186,308,478
159,828,312
$9,821,898,509
$8,473,141,349
2,381,538,050
Cities, live days
.'
day
Fifth
West
708,369,381
to
bank
662,641,304
6.9
+
covered by the
no! available
are
statement, however, which
| smaller by 8.7%, but in the Boston
Philadelphia
District the totals show
of
15.0%
Reserve
foregoing will
inasmuch
at time
a
of
as
the week
goihg to
+
of
9.2%.
We
Reserve District the totals
District
by
19.5%.
In
are
the
+
1.3
+
9.6
129,776,022
104,756,605
+ 14.0
255,051,011
211,476,162
23,221,100
+ 53.6
20,161,600
15.574,100
3,610,942
+ 21.6
3.032,574
5,449.192
+ 18.6
4,547,648
3,187,834
252,172,135
+ 17.2
242,011,286
225,623,064
723,695,549
+ 15.4
659,399,802
567,581,128
2,598,514
2,036,720
+
27.6
9,549,000
+
5.4
7,462,000
5,407,000
105,562,269
+ 26.0
124,899,750
96,782,270
2,607,141
+ 10.7
2,545,410
193,632,428
172,928,667
+ 12.0
165,082,673
150,530,239
58,815,212
"56,002,257
+
5.0
52,875,841
40,372,892
401,013,434
-
348,686,054
+ 15.0
354,846,639
296,359,954
|
>
Federal Reserve Districts
OF
14,097,185
-
I
2nd
t
3rd
New
12
York
Philadelphia
4th
5th
Richmond
Atlanta
7th
7
St.
InC. or
443,387,716
$
+
6,649,210,352
907,164,155
759,124,461
—
+
8.0
3,831,144
2,441,205
2,106.752
4.2
+
6.8
57,293,755
43,170,987
80,430,307
68,731,522
+
17.0
64,119,549
58,250.164
8.7
6,609,653,701
5,932,372
4,876,234
335,293
133,958,324
317,526
77,594,497
586,576,717
Federal
Reserve
466,493,491
19.5
731,660,546
+ 15.4
659,399,802
1,158,881
8,779,323
4,833,331
4,947,012
Minneapolis
f 10th
Kansas City
348,686,054
+ 15.0
354,846,639
586,576,717
466,493,491
+25.7
440,547,716
Francisco
871,052,465
833,960y002
+
4.4
738,659,895
Wisconsin—Milwaukee
4,713,547
,
427.034,494
368,785,253
+ 15.8
335,400,304
Total
I
Outside
7
"
334,665,343
362,503,185
+
6.1
305,347,413
p
New
York
458,752,634
420,841y736
+
9.0
358,383,258
267,905^222
232,308,611
758,149,719
+ 13.3
662,775,399
12,414,275,626
214,991,748
+ 14.4
12,307,368,420
6,559,089,666
5,859,527,264
+
1,019,119
663,033/740
p
Lowell—
H
p
+;
Worcester—
y'Blnghamton
V
+
-
Rochester
5,795,148
4,006,648
20,734,893
7,494,387
18,598,500
•
'986.727
443,387/716
353,629,477
307,687.011
+ 17.1
5,170,994
+ 13.3
—
4,870,473
3,876,371
.
3.9
15,499,879
7,370,634
6,106,233
18,702,100
_
3,087,043
15,322,037
4.6
4-37.7
+
378,399
1,378,326
<
15,101,100
+18.7
4 950,579
413,938,177
359,700,761
—17.1
15,243,470
15,944,627
Northern New Jersey
+
6.6
1,806,778
1,482,261
77,708,354
74,047,482
+
4.9
63,422,260
56,432,352
1,247,191
+
8.2
1,108.545
949,782
+
2.2
1,375,937
1,197,446
—
9.2
6,423,211,067
5,454,140,527
+11.4
13,929,535
1,780,086
6,447,841,156
14,854,053
8,589,417
+27.7
522,794
+14.0
,596,037 +
-
,
629,869
+ 12.2
6,887,738
5,837,870
3.4
3,319,435
2,304.569
5.7
2,552,400
1,775,410
4.4
738,659,895
583,514,571
201,700,000
169,800,000
+
833,960,002
+
—
+ 13.5
77,912,086
54,714,663
1,552,959
1,747,355
—11.1
1,073,555
427,034,494
368,785,253
+ 15.8
335,400,304
—
6.7
+
3.0
4,830,165
220,884,000
+ 12.1
63,810,140
Federal
Reserve
5,663,134
'427,539 '
34,983,677
+
6.5
32,530,637
+20.0
40,026,698
5,822,459
6,242,138
271,571,837
263,651,836
83,545,890
8.7
74,523,265
4,582,906
163,359,243
45,699,705
y
7,421,044
5,590,569
+32.7
5,104,796
3,480,255
3,102,462
+ 12.2
2,970,501
+37.6
2,320,076
2,337,042
1,870,065
4,088,844
8,735,014
6,422,414
+36.0
6,061,194
4,550,158
384,665,343
362,503,185
6.1
305,347,413
225,177,013
Helena
(7 cities)
_
Tenth
Federal
Reserve District—Kansas
+
Nebraska—Fremont
-
464,478
—
„
..
361,492
+ 28.5
486,326
+ 18.1
330,392
287,277
5,397,295
+ 16.5
4,764,820
85,984,782
3,940,265
109,895,803
...
Kansas—Topeka
1,662,910
574,512
6,289,151
—
-
3,452,026
City-
6,580,900
103,833,772
+
223,865
5.8
-
202,573
Missouri—Kansas City
St. Joseph
Colorado—Colorado Springs
78,224,279
1.4
4,376,896
10,575,606
+ 15.0
309,503,596
281,084,488
+ 10.1
7,438,409
244,019,600
216,875,352
9,213,422
;.
6,671,511
12,161,581
—
9,305,586
1.0
8,405,603
6,282,590
.
;(
3,736,565
6,275,671
2,362,350
Total (10 cities)
■
1,759,318
+ 34.3
1,510,841
1,706,841
1,360,362
+ 24.6
1,328,050
057,682
458,752,634
Pueblo——.5
420,841,736
9.0
358,383,258
317,707,659
+
:
1,025,405
y
Eleventh Federal Reserve Dlstriot—DallasTexas—Austin
4,385,034
191,034,508
Wichita Falls—
Louisiana—Shreveport
Total (6
cities)
,«,«*
—
—
6,180,025
—29.0
6,028,802
2,858.898
—12.9
177,151,000
135,909,000
—24.4
20,253,720
15,788,440
4,658,000
—40.1
3,865,000
2,436,376
+ 42.7
2,328,435
1,640,861
6,637,373
+ 34.2
5,359,791
4,982,520
232,308,611
Galveston
28,714,448
8,907,408
——_
Fort Worth
219,279,000
21,713,355
2,791,000
3,477,306
—
Dallas
267,905,222
+ 13.3
214,991,748
3,011.000
164,190,719
(
Twelfth
Federal
Reserve District—Ban Francisco—
...••MM
128,072,279
107,264,370
+ 19.4
3,243,324
4,234,876
—23.4
r-r-riiV
155,781,799
103,602,063
57.897,6C9
Oregon—Portland
46,648,217
,
Utah—Salt Lake City
California—Long Beach
9,452,514
Pasadena
Stockton
10,431,516
3,555,901
33,999,183
25,117,327
7,522,563
Total (10 cites)
6,921,180
+ 19.7
5,878,034
4,603,630
2.3
334,915,976
292,391.000
+
+
3.039,088
7,622,655
758,149,719
2,935,941
71,781,423
+ 15.5
5,991,615
8,193,551
■■MM MS
;
85,294,469
3,598,740
83,777,487
+ 24.1
365,757,980
10,477,500
San Jose
83,741,633
+ 50.4i> ;
8.183,219
7,171,299
374,303,883
San Francisco
-
'
: +
-
-360.339
25,858.004
Grand
Total
25,640,019
—
662,775,399
(111
cities)——
Cutside New York.—
,
y-'j.
12,414,275,626
0.4
9,687,695
+ 17.0
6,576,040
8,063,037
/.
2,696,339
7.5
■'+,
1.946.119
'
+
5,250,538
•
•'«'
6,609,653,701
5,605,198,972
572,382,690
504,304,664
0.9
11,735,211,889
9,8.96.943,977
+11.9
5,312,000,822
12,307,368.420 -*+
6,559,089,666
.
+ 14.4
5,859,527,264
i-■
.
y
,•
y
4,442,803,4^0
.+ii
y :>'.v
"
♦Estimated. v
^Figures previously erroneously reported
,
1,556,877
272,593,766
y
North Dakota—Fargo—
r
—
33.978,153
6,376,037
38,965,217
6,649,210,352
67,258,736
^
District—Minneapolis—
—
11,154,444
7,557,354
9,013,881
.s.
46,758,916
c.073,407,826
8,626,005
4,203,067
+ 15.9
Santa Barbara—
+16.7
9,058.496
~
37,252,338
—
....
.Y
1,682,756
+ 21.4
Yakima
10,027,647
-
2,243,762
92,939,526
Washington—Seattle
11,565,762
| New Jersey—Montclair——
i;p Newark
7.2
57,798,372
736,618
8.0
+
2,191,724
16,548.138
—
+
7,216,239
1,112,052
'$f15,129,059
1,740,699
Syracuse.
Total 12 cities).——
901,707
2,841,920
.
1,431,758
5,855,185,960
'Connecticut—Stamford
f;'v
4,020,168
8.0
'
t';
1,504,426
.
5.6
1,145,184
'
York*
U
+
2,336,647
—
Jamestown
tp
+12.5
■
+20.2
12,542,094
Ilmira
New
I
-
1,400,465
1,171,333
j Buffalo
•'
i Dec-?'
580,528
478,982,923
—
470,587,840
Montana—Billings
1945
1,379,105
Federal Reserve Dlstriot—New York—
'New York—Albany
592,679,305
216,300,000
Wichita
+10.6
19,322,000
.
3.2
67,015,411
Omaha-—__—
1946
+34.0
19,788,798
New Hampshire—Manchester-
+
14,365,433
...
South Dakota—Aberdeen
,
/
,
698,679
10,318,252
'•
Rhode Island—Providence
1]
-
1,352,494
6,787,513
NdW Haven——
II v Second
3,909,646
?
376,851,352
4,538,076
Connecticut—Bartford
Total (12 Cities)
'
Inc. or
1,683,094
—
.686,248
112,866,124
Lincoln
1,495,565
MOW Bedford
9,044,080
2,867,492
St. Paul
V
936,331
»prlngfield__
|j
t'
1,558,777
.
407,060,932
1
FWl River—
h
f|,"
$
1,753,293
Massachusetts—Boston—
18,695,582
871,052,465
cities)
<:
4.5
2,563,321
-
t.
14.7
3,031,399
Minneapolis
.4,442,803,450
■
4,126,686
—
+
9,896,943,977
5,312,000,822
.
Week Ended Aug. 28
First Federal Reserve District—Boston—
Maine—Bangor— 7
+
2,893,012
—10.4
504,304,664
11,735,211,889
0.9
..
,,
5
if'' Fortland—-
1,666,925
4,061,622
~
p.
2,356,148
+
245,600,000
Ninth
164,190,719
572,382,690
+11.9
•
1948
at—
7.4
10,886,077
2,746,856
Hastings.
Aug. 28, for four years:
\-
Clearings
33,700,761
24,407,974
9,675,061
Minnesota—Duluth
We now add our detailed statement showing the figures for each city for the
£ week ended
41,438,913
$
684,186,851
Total (4 cities)
317,707,659
"
City
+ 17.2
Missouri—St. Louis
225,177,013
"
111 cities
——
3,824,805
26,678.000
4,004,932
Kentucky—Louisville.
Tennessee—MemphisIllinois—Quincy—
Totai
P
4.970.877
36,393,000
2,827,461
;
4,067,105
t
912,764
Decatur
610,543
5,672,962
3.9
45,046,928
12,485,448
Chicago*-^-——
895,030 ^
5,123,730
+ 35.1
*25,500,000
1
•
7,368,695
2.3
+
3,037,432
Sioux City
i
3.7
+ 12.5
52,787,026
Illinois—Bloomington
272,593,766
"
t
.
3.9
—
4,680,555
Iowa—Cedar Rapids
583,514,571
10
376,280,930
44,199,000
6,370,271
■
376,280,930
"
6
San
440,547,716
+
45,938,000
Terre Haute;
567,581,123
401.013,434
10
—
11th Dallas
172,680
78,359.289
—
5,264,703
South Bend
(16
4,146,001
303,070
77,921,070
+25.7
1,113,598
"Indianapolis
296,359,954
"
'
4,699,982
5.G
+ 72.6
+
9,108,101
Indiana—Fort Wayne
624,334,340
723,695,549
"
+ 21.7
1,610,457
District—Chicago—
Arbor
Des Moines
20.4"
+ 21.5
Lansing
5,605,198,972
"
4
—
+
Grand Rapids
359,700,761
16
Louis
36,946,205
+
Michigan—Ann
S
413,938,177
835,167,305
'
10,318,395
141,200,000
2,643,396
Seventh
1945
"
#
11,208.895
49,829,040
168,900,000
63,497,549
Total (10 cities).
District there
1946
Dec. %
$
6,073,407,826
"
4.1
+ 16.8
3,855,878
Louisiana—New Orleans
and the
6
9th
I 12th
194?,
478.982.923
"
+
55,214,363
2,755,316
67,833,461
Mississippi—Vlcksburg_.
group
10
Chicago
8th
t
—11
Cleveland
6th
;
12
cities
-
Eighth Federal Reserve District—St. Lonii—
$
Boston
1,962,265
CLEARINGS
1948
Week Ended Aug. 28
1st
•
13,544,669
64,478,581
212,900,000
by Federal Reserve Districts:
BANK
1,305,288
176,900,000
3,173,235
Total
SUMMARY
1,980,965
District—Atlanta
Mobile-———.—,*
Reserve
of 15.8%
Reserve
Springfield
summary
2,665,935
10,061,000
Rockford
a
4,297,428
Alabama—Birmingham
District of 14.4%.
furnish
4,829,661
Florida—Jacksonville-
press.
The Chicago Reserve Dis-
gain of 4.4%, the St. Louis Reserve District
we
3,731,960
624,334,340
5,800,986
Augusta—
Macon_—
larger by 8.0%
Cleveland
Federal
| cisco Reserve
following
4,682,628
731,660,546
(
+ 19.5
155,870,009
Peoria
In the
1.6
2,852,017
,
277,571,185
Columbia—Washington—,
| is an increase of 9.0%, in the Dallas Reserve District of 13.3% and in the San Fran-
J
6,945,960
759,124,461
1,746,515
1,731,321
5,340.824
y
133,021,306
2,884,974
Georgia—Atlanta
present further below
we
|Minneapolis Reserve District <of 6.1%,-£ In the Kansas*CityvTleserv»
i
+ 18.0
Nashville—
has to be estimated.
cases
decrease
a
and in the Atlanta Reserve District of 25.7%.
ftrict has to its credit
5,592,725
835,167,305
Tennessee—Knoxville
appear
improvement of 15.4%, in the Richmond Reserve District
an
3,462,655
295,457,027
Total (6 cities)-,
give final and complete results for the week previous—the week
For that week there was an increase of 0.9%, the aggregate of
clearings at this center having recorded
the
—13.6
+16.7
according to the Federal Reserve Districts in which they are located and
jfrom this it appears that in New York District (including this city) the totals are
in
4,415.975
6,465,295
Maryland—Baltimore
the cities
i?and
2,021,301
4,389,687
Virginia—Norfolk
Richmond—
clearings for the whole country having amounted to $12,414,275,626 against $12,307,368,420 in the same week in 1947.
Outside of this city there was a gain of 11.9%
the
+ 12.4
5,877,605
SOuth Carolina—Charleston
+i7.4
$11,061,210,168
Accordingly, in the above the last day of the week in all
able
3,026,736
1,901,852
Federal Reserve District—Rlchmoni-
District of
We cannot furnish them today,
.ends Saturday and the Saturday figures
Aug. 28.
1,781,481
3,308,921
Virginia—Huntington
Sixth
are
606,000,000
3,022,854
170,808,003
Total (7 cities)
+ 23.7
$10,398,568,864
$12,911,805,940
Complete and exact details for the week
.we
704.000,000
0.6
+ 11.2
—
316,499,288
35,670,400
Pennsylvania—Pittsburgh.
15.9
+
1,925,427,515
$12,203,436,559
Total all cities lor week
tended
+ 20.4
3,801,292
7,054,161
Mansfield
+ 21.4
„
days
the elaborate detailed
1,354,118
2,417,878
Youngstown
+ 57.3
193,956,990
!
Other cities, five days
In
3,355,666
907,164,155
Columbus
+ 31.6
—_
Baltimore
issue of next week.
694,406
644,06?
—29.8
3,358,783
915,073
30.0
321,946,000
—
Cleveland
our
■
6.601.312
;
Ban Francisco
I in
771,722
665,940
4.0
2,137.028
Cleveland
+
348,99^,554
251,900,000
one
884,684
+ 28.5
+
727,000,000
New Jersey—Trenton
+ 10.8
655,000,000
269,661,638
v
St. Louis
cities,
*
2.790,182
Delaware—Wilmington
'
385,509,030
Kansas City-
Total all
—17.2
751,459
1,081,975
3,814,070
Ohlo—Canton
Cincinnati
454,606,887
836,000,000
—
.
Ten cities, five
$
875,000,000
^
„
1
Pittsburgh
1945
y
2,403,247
4,292,269
York
.
$5,791,871,238
568,701.216
"
•
Fourth Federal Reserve
District—Clevoland-
Sept. 4
'
All
Lancasterj-i^^^s-k
Philadelphia
Total (11 cities)
Chicago
Boston
1,196.562
965,904
Wilkes-Barre
Clearings—Returns by Telegraph
'New
990,806
Scranton
com¬
1946
+
■i'
1,125,176
Reading
parative summary for the week follows:
Week Ended
■
or
Dec. %
District—Philadelphia—
Bethlehem
week in
same
Reserve
Chester
-
prelim¬
Our
year;.
Federal
Pennsylvania—Altoona
Preliminary figures compiled by )is, based upon telegraphic advices from the chief
cities of the* country, indicate that for the week ended Saturday, Sept. 4, clearings
ings yvill be 16.7 % above those of
Inc.
$
Third
Haute
Jsjtherefore-bemg^elit^
for
Terre
Haute
as
clearings
were
actually
debits.
are;
y
Terfe
COMMERCIAL
THE
(982)
46
*'•
•;
-t
'FINANCIAL CHRONICLE
&
%
"
,
Monday, September 6, 1948
•••
...
certificates, dated. 1921_Oct
5
preferred stock
Sep 30
to
give below
V
"
;
..
record for the week just passed:
a
.""j:
.
•
V I
\
:
'
•
V-=-■■■*'•'yy''
,v..;
♦.
Havana—
IVz% equip, trust
15-year
United
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
the Secretary of the Treasury «the buying rate for cable transfers in the different countries of the world.
We
'V;-:.'--v'
•
!-;V#y
^XX; •
653
.
Corp.,
PARTIAL
REDEMPTION
•
XX'
Bethlehem Foundry & Machine Co.—
EXCHANGE
FOREIGN
1
/
,
CERTIFIED
RATES
'
'
'
,
FEDERAL
BY
RESERVE
TO
BANK
TREASURY
TARIFF
UNDER
' X'y X''l": -1
1
149
1
' " •
1
•
Cleveland Union Terminals Co.—
•/.
-'V^yyyXyy
;yXXX XX X
*... 1st mortgage 5 Va % bonds, serles A,-._-i—_Oct
1
43
1st mortgage 5% bonds, sejries B
—
.—Oct
1
*3
Firestone Tire & Rubber Co., 4V2 % series preferred stk.Nov 15
846
Hygrade Food Products Corp.—
•
v
i
^
1st and refunding mortgage convertible B% bonds, "
'
1 '
series A and B, due 1949
Oct
1
y; 449
Lake Placid Co., 2nd mtge., 3% bonds, due 1972——Nov
1
y
*
Lorillard (P.) Co., 20-year 3Vc debentures, due 1963___Oct
1
*
1930
OF
ACT
Country and Monetary Unit
\
v
bonds
Oct
Celanese Corp. of America, 3% debentures, due 1965—Oct
Cities Service Co., 5 % gold debentures, due 1958
Oct
1st
AUG. 27, 1948 TO SEPT, 2, 1948, INCLUSIVE
Noon Buying Rate tor Cable Transfers lit
Value In United States Money
PaB*
r-Date
Company and Issue—
x! %•>..3»'.X• y'"v..
•
Radiator
States
'
Pago
.
United Rys. of
Pursuant to the
X
Date
Company and Issue—
Foreign Exchange Rales
New York
'
6 V2 %
mortgage
.
.
x
"
y
• 1 y y %Xy y.J Aug. 27, y '
4 Aug. 28
Argentina, peso—
■. yyXX X'X /%Xy, '%>
v- X
■
For
"regular" products
;
.297733* Xy,X
For
"non-regular" ./products—X
:1—
.251247*
For certain industrial products
.200000*
Australia, pounlw..i.~.»—i—
3.212296
Closed
,251247*
—
*
_
dollar—
■Canada,
.022828
.022839
.022839
.054406
.054406
.054406
.054406
Saint
Denmark, krone.
:
_—
.922968
.923125
.020060
.020060
.020060
.020060
'
.208533
.208533
4.031,484
—,■
1.000000
:
>
,
".208533
.208533
4.031484
4.031484
India, Dominion of, rupee—;—
Mexico, peso
Netherlands,
guilder
.
.003267*
.
—
,
X .003253* x
.003257*
.301691
.301691
f
.
._
.003261*
.301691 y
**'%y.376250
-
.004671*
•.044671*
•.004671*
.004671*
.004671*
v
__—
—_
New
;i—-
______
+ *
• •
♦ #
pound——___
Zealand,
1st
.
.376375
.376250
.376000
1.000000
1.000000
1.000000
.921875
920416
.920625
.920625
3.991542
3.991542
3.991542
3.991542
.201580
.201580
.201580
.201580
:
3.991542
.201580 "
.040325
.091324
.278235
.233629'
_—
Norway, krone—.—____i__
Portugal, escudo——
Spain, peseta
X
Sweden, krona
•—
:___——
Closed
Electric
——
•
—
—
pound—
$
21,852,672
certificates
fund
for
F.
R.
y
608,977
1947
'
$
-
15,000
+
+
2,944
—
22,461,649
ctf. reserves—__
262,780
and
318,042
advances-,
Hadustrial loans
820
r
securities:
6,868,757
—
4,948,839
Notes
1,798,300
—
Bonds
7,795,246
-;'y:
y:
'
y
12,056
+
+
4.007500
4.007500
4.007500
**
**
**
• *
**
—•
+
+
988
—
64.500
—2,027,377
—
10,000
+
1,429,000
207,877
+
7,075,556
—
+
21,730,004
—
r
R.
foreign banks
Notes of other banks
items—
premises
49
126,085
2,462,829
—
32,403
—
>
„•
^7(X,960
assets——
48,923
—
+
—
•f-
4~ 339
Aug. 18,
47,246.759
+
62
+
6,605
+
and
Loans
97,267
-
20,083
Investments—total
117,443
Loans
+ 1,577,212
63,241
to
U.
brokers
bank—reserve
acct.
17,723,924
+
56,029
+
1,096,413
U.
Treasurer—gen.
acct.
1,692,571
+
1,233,362
or
Other
Foreign
_
412,520
depositS_---y»-^—
20,271,481
Deferred availability items—__
Other liab., incl. accrued divs.
2,255,839
Other
+
41,973
—
Real
157.170
Total
12,556
liabilities—.
—
29,747
—141,012
+
—
46,492,218
30,048
—
1,238
24,078
and
_
3,764
U.
+ 1,523,637
S.
"Cash
Surplus
Other
(Section
capital
-
of
serves,
note
gold
to
13b)v
79.549
certificate
deposit
liabilities
:
5,954
—
3,976
20,083
+
+
+
0.1%
+
25
+
2,375
bonds
in
119
—
23
—
10
249
1,577,212
—
1
—
253
493
—
7
+
18
16
+
.742
3,910
+
299
47
—
3,790
—
securities—total
2,474
to
during
—
132
36
3
,
<
foldings
+
table
in
+
88
+
1,053
+
25
+
13
Atlantic
City
12,4
Atlantic
Oil
130
—
'
■
—;
banks
I—
+
14,866
1,376
—s
313
11
140
8,580
1—
—
334
—
1,400
11
24
+
225
demand deposit accounts,! except
and
U.
S.
Govt, accounts,
'
'
47,059
deposits
—1
•.*y
week
—
+
.? +
,543
—
*
14
69
'
,y, ^.;,
\
839.
;
1948, Individual loan Items
'
"y.
! • '
■
a
Corp.
Auto
>
Fabric
Fire
Avery (B. F.)
^
Barber
10-
1
10-
1
9-10
2,/2C
10-
1
y 9-20
I 9-10
8-31'
(quar.)
(quar.)__
(quar.)
$1.50
Company and Issue—
Consolidated
Rock
,
3%%
OF
New
A
V
(quar.)_
TENDER
:
;
Products Co.-*-
>'•-'.
Fixed and non-cum. income 3% -5%
'.yV
■
'&■
***■
***
--
..m.
-v,
■"
y*
.■
„
if
y
—.Jan
-»
I
i.
.
9-15
9-15
10- 1
30c
9-21
pfd. (quar.)«
37V20
•
9- T
10-1
•
9-20*
10-;i
9-l«
10-1
9-28
10- 1
10- 1
50c
9-30
9-15
29-13
9-13
9-14=
9-14':
9-15>
9-11
9-11.
25c
11- 2
10-11?
35c
9-30
!' 9-14
50c.
-
$1.12'/2
50c
(quar.)
■:
84%c
*60c
50c
;
10- 1
10- 1
'9-30
'
1
quar.)
—„•
(quar.)
Co., Ltd.— ,
'
(quar.|__:__iy__i-:_i.x.i,y
Distillers
Corp.,
'
"
■
i
'
-
y$$ry lO-i'l'':
(quar.)
9-15'
1
9-17
10c
10-
1
9-17
35c
10-
1
9-1*
$1.75
10-
1
9-14
Budd
lOc
9-30
9-1®
Co.,
com.
;
(initial quar.);
common..
yy
______
preferred (quar.)
Company
Buffalo Niagara Electric, 3.6%
pfd.
Building Products, Ltd.
(quar.)___.
Bulova Watch Co. (quar.)
Extra
(quar.)
;
___—
Piston
90c
_
Electric
preferred
preferred
California Paolfio
5
.5 =
5%
preferred
Power,
1
9-20'
10-
1
9-
10-
1
9-16*1
50c
10-
1
9-16^
15c
;
9-20
15c
—
Steel Co., Ltd.—„
Byers
(A. M.)
Company—
:
Calgary & Edmonton Corp., Ltd.
$2.50
10-
75c
_____
Ring ' (quar.)
Extra
$3
9-20
*i5c
:
10-
9"
9-10
9-10)
l
9-10
__>X_
25c
9-24
9-10
(s-a)„___
*5c
10-15
9-10
pfd,
(quar.)__
75c
11-
(quar.)_7—
j
63c
10-1
(initial
X
28c
10-1
Utilities,
(quar.)
9-rJ
*40c
Burlington
548
64$
1
10-
848
-
9-' 3
10-
$1
5Va%
1
10-5
^lOc
preferred
$4 preferred (quar.)
4% junior preferred
y
_Jan
10-5
9-10
1
..
■
20-ycar collateral trust bonds, series A. due 1954
Special interest notes (unattached to bonds)
trict, and $132,000,000 at: Rll reporting piember banks.
l
11-1
j
(quar.)__
—
Page
16
11-
1.
7%
•
bonds, due 1962__Oct
-Sep
$1
*15c
Columbia Electric
Bucyrus-Erie
v
due 1975—
8-14':
Company—
preferred
California
ab», mortgage 3 v»" bonds, series
B,
National Union Mortgage
Corp.— ?
9-10
1
10-
,
Lehigh & New England RR.—
District, $42,000,000 in the Chicago Dis¬
9-23:
99-
20c
v
Date
10-15
93%c
•
15c
'
(Del.)
Co.
Bridgeport Gas Light Co.
4%
4
9 10
Ltd.—
Co.,
common; (initial
British
9-10^
1
9-10
20c
Ltd. (quar.)
Aviation Corp, (quaf.)__«l_.
Brown-Forman
:
10-
20c
Bros.,
(E. W.)
9-14
30c
& Sons Co., 6%
convertible
Beatty
9-15
9-10
30c
Oil
Bendlx
9-10
1
9-30
10c
*15c
Manufacturing
preferred (quar.)^_____
Beatrice Foods Co., common (quar.)_
•
list of corporate
t
10-1
$1.50 ^10-
4Va%
Burd
NOTICE
X
$112,000,000 in New York
9-30
50c
Bates
reported gross,
as previously
gross basis.
9-10
9-15
30c
20c
,
9-1T
9-20
Corp,50c;
Bastian-Blessing Co,___! .' ,75c
net
8-28:;
.9-25>
1
(irreg.)__
Alarm
9-15
,
10-
participating class A (quar.)
Class B
(quar,)•
Automatic
9- 1
37'/2C
$1.06(4
!
£
9- 1
9-30
25c
60c
y
•
$1.05
(quar.)
Products
9-10
9-15
$1.25
Refining, 4% preferred
3%%
preferred B
(quar.)
Press Co» (quar.)
yy
}• |
j:
bonds, notes,
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."
a
9-15
common..
Atlas
are
Year-ago figures have been adjusted to
25c
:
Corp..
Electric
9-1S
9
9-20
(quar.)__
Atlantic
y
46
412
428
—
,
Ltd.
Insulator
182
.
Dye
9-15
9-1S
10-
12V2C
20c
common
(quar.)
&
Factors,
5,213
2,140
4.20%
9-30
10- 9
75c
Optical Co. (quar.)
American Tobacco Co.,
6% pfd. (quar.)
Ampco Metal, Inc.
(quar.)—
Ashdowri (J. H.) Hardware Co., Ltd.—
Class A (quar.)—_—
Associated Spring Corp.
(quar.)
Special
;
+
Holdera
When
Payable of Rec.
25c
■__
American
—
.
are:
50c
(quar.)___
(quar.)
Equipment
American
—
—
+
*
Corp.
(quar.)—
American
.
12
—
&
Chemical
31
vault
Below will be found
of Treasury bills decreased $65,000,000 in the
week
(quar.)____:
common
Electric
Allied
Notices
City and $119,000,000 at all reporting member banks.
•San Francisco
this
Castings—
Co.,
preferred
13,073
Banks
Reserve
States Gov¬
increased
Allen
Redemption Calls and Sinking Fund
brokers and
securities
second
a
Share
Engineering Co.,
Power
Inc.,
4V*%
Bliss
following principal changes for the week
-ended Aug. 25: Decreases of $202,000,000 in holdings of
United States Government securities and $334,000,000
in demand deposits credited to domestic
banks, and an
increase of $313,000,000 in demand deposits adjusted.
)'
Commercial, industrial, and agricultural loans de¬
creased $21,000,000 in New York City and $25,000,000
dealers for purchasing or carrying United
Standard
preferred
796
Federal
the
ernment
164.
$ per share
________$10 lot
14%
.
yyExtra'yyiXXkyyy^^
The condition statement of weekly reporting member
"banks of the Federal Reserve System in leading^jcities
Loans to
lIVol.
Inc,__
follow with
we
preferred
3.693
llonititioii Statement of Member Banks
reporting member banks.
167.
Manufacturing—
convertible
+
—
25,783
tBeginning June 30,
reported.
all
§Vol.
——
announced
Aluminum
4,417
—»
i.e., befcre deduction of valuation reserves, instead of
at
Filters,
Ball & Roller Bearing Co.,
5 %
^
1,292
D.)
1,575
20
75
2,186
4,182
2,551
indus¬
,
shows
Then
576
+
202
—
interbank
83
Air
y
Alabama
93
+
1
+
34,702
Foreign banks
Borrowings—
2.9%
Debits
6,192
165.
are
dividends
Aldens,
obligations
-
with
Aetna
399
+
—
'
—____
tVol.
899
899
Day & Co., Boston on Wednesday,
Extra
Aetna
adjusted—
Time deposits,
except Government
U. S. Government deposits
Interbank demand deposits:
-
cor-
126
Continental
week.
(J.
5%
336
securities
Demand
39,167
bills
1,403
>*2004
r 51591
y *
grouped in two separate tables. In the
bring together all the dividends announced the
we
Advance
14.847
obligations
-
Government
Domestic
50.8''c
847
«
„
Increased quarterly
Addressograph-Multigiaph
3,022
pur¬
loans
y Liabilities— '
88
'• y
17
Sep 10
...Sep 10'.
X Per
3,142
8,366
+
+
+
for
Balances with domestic banks
re¬
:
make
trial loans—.
+
and F. R.
:
to
47,246,759
combined—
respondents
Commitments
19
27,543
accounts—
•Contingent
liability
on
purchased - for foreign
y
+
448,189
Total liabilities & cap. accts.
Ratio
199,260
+
+
securities
estate
Reserve
paid in__
Surplus (Section 7)__
dealers
bills
Treasury certificates of indebtedness
Treasury notes
—!
Accounts—
Capital
251
1
.
Corp.—
STOCKS
The
agricultural
Treasury
Other
Capital
Utilities
^
current
489
32
33
441
Government
S.
loans
S.
—
+
to banks.
U.
162,531
,y
Oct
DIVIDENDS
for purchasing or carrying:
loans
Loans
137.339
-f 2,035,266
+
.' *
Co., 5% convertible preferred stock—Sep
& Electric Light, Heat & Power Co.— y
Dividends
carrying:
Other
442,466
Total
158
—
+
securities
Other
670,396
and
Government
S.
Other
—
—209,267
1
Glasgo Finishing, common B
Adams
24,365
—
88,124
Deposits: '
S.
845
Oct
1952
Name of Company
24,122
Loans—grosst
Commercial, industrial,
chasing
U.
1
money
Units
10
1947
Loans—net
599
,
+
Member
C.)
Gas
Public
100
(In millions of dollars)
23,952,342
notes—
and income bonds, due
Co., preference stock
Aug. 27,
1948
Assets—
24,409
+
28,429
643
8
declared.
1948
53
y.
—
843
Sep
1962_
due
Shares
inc. (+) or
;
Reserve
12143
Co., Louisville Ky.—
Transacted by R. L.
first
Aug. 25,
54,794
1951
—Oct
series A,
Sept. 1:
Dec. (—) Since
620,851
—
due
5s,
-
Auction Sales
-
member banks follows:
812,884
—
Liabilities—yy
Federal
mtge.
y
$3 dividend series preferred stock—
$2.75 dividend series preferred stock
'
loans
Total
(A.
United
.
from
1st
•
—7,290,063
21,411.142
Bank
Pag«
$21,000,000 in the New York District outside y which we show the dividends
previously announced, but
New York City and $24,000,000 at all reporting member "
which have not yet been paid. Further details and rec¬
banks and increased $26,000,000 in New York City and
ord of past dividend payments in many cases are given
$17,000,000 in the Cleveland District.
-., jyy
under the company name in our "General Corporation
A summary of the assets and liabilities of reporting
and Investment News Department" in the week when
193,021
25
+
Govt, securities.
F.
Date
—Oct
1
Any time
District,
30,864
5,896
—182,300
Total' loans and securities.*
Uncollected
890
4% bonds, due 1949
Anytime
Ohio Power Co., 6% debenture bonds, due 2024
Jun. 1, '49
Richmond Water Works Corp., 6% preferred stock—
Oct
1
Borrowings decreased $22,000,000 in the Philadelphia
'
.Due
4
•
.
3%
Power
York
Purchase
$59,000,000 in the Chicago District, $30,000,$334,000,000 at all re¬
porting member banks.
1,927,534
7,978
—
—
S.
853
255
000 in the Cleveland District and
78,466
y
Certificates
U.
.233629
York City,
2,006.000
—
notes
Total gold
Other cash
Co.,
deposits decreased $140,000,000. Demand deposits cred¬
ited to domestic bank£ decreased $128,000,000 in New
Sept. 3,
1948
$
Assets—
Redemption
Total
.233629
000,000 in the Richmond District and $313,000,000 at all
reporting member banks.
United States Government
decrease (• -) iince
y/
.233629
deposits adjusted increased $167,000,000 in
City, $54,000,000 in the Chicago District, $35,-
Demand
Aug. 25,
1948
i
New
Holdings of United States Government bonds decreased
$34,000,000 in New York City and $31,000,000 at all
reporting member banks, '.y .
'': v y
thousands of dollars)
Sept. 1,
'
•Announcement in this issue.
Increase ( + ) or
Bills
Illinois
.278235
•Temporarily omitted
(In
Govt,
Gilbert
.091324
**
New York
U. S.
.040331
.278235
4.007500
Reserve Banks Combined
i
Discounts
.040331
.091324
.278235
.233629
Statement of Condition of the 12 Federal
•Gold
.040325
**
s
Power
1st mortgage
.091324
—
!
rate.
1
1
Day & Meyer, Murray & Young Corp.—
!
.278235
,
Controlled
•Nominal
548
§2793
Corpi.—•
1958
Water Service—
mortgage 3V4S,
.091324
4.007500
_________
due
5s,
Cumberland Apuartment
Income 3s, due 1989
.040331
Uruguay, peso—
Noncontrolled
*
'
'
Union
Centerville
**
—
Switzerland, franc
Union of South Africa,
1
1
1
ref.
mortgage
Butte
.376000
1.000000
1.000000
.923125
X.
:
bonds, due 1975-Oct
4s, due 1950
Dec
preferred stock____Oct
mtge.
6'/2%
Bellows
.301691
1st
Official
_i—I
1st
Co.,
Company and Issue—
Falls Hydro-Electric
.003255*
.301691
"Newfoundland, dollar—
Free
1st and
4.031484
(Metropolitan), franc-
Paul
Cement
'
Official
Free
Portland
Safeway Stores. Inc.,
.208533
4.031484
Closed
Co.—
and collat. trust 2% 7o
Depot Co.—
mortgage series B, 3Va% bds., due 1971—Oct
5% preferred stock
Oct
Ward Baking Co.—
5 V* % 25-yeav debentures (subordinated), due 1970—Oct
1.000000
.922656;y y
.020060
.
—_____
sterling———
pound
1.000000
.924453
1.000000
-
Service
1st mortgage
Minneapolis Gas Light Co.,
Pacific
1.000000
_
koruna
•Czechoslovakia,
England,
.022837
Public
Maine
3.212296.
.925625
—L—
:
France
.200000*
-
3.212296
,
Official
Free
.251247*
.251247*
.200000*
3.212296
.022831
.054406
,___—*—
—
.297733*
.200000*
,
$
.297733*
y';y
$
3.212296
—-
Belgium,
iranc_
Brazil,
pruzeiro__
y,
.251247*
,v
.200000*
Sept; 2
Sept. 1
Aug. 30
Aug. 31
^ . V.yy -yv
$
,297733* k'
V
.297733*
quar.)
common
(quar.);_
60c
2
35c
•
;
1
9-15
.9-15
10-15,
9-15;
9-15.
9-
I
9- I
Volume 168
Number 4731
THE
When
Per
Share
$1.06V4
Per
1
1
International
1
10-
1
—k-
Cellucotton
Products
4%
Milling
Products
International
Shoe
Inter-Ocean
Interstate
Co.,
$5.50
4%
Co;
preferred
preferred
$6
Investment
Investors
preferred
Co.
quar.)
—
—_—
America
of
Royalty
Co.
(quar.)_
(s-a)
—
i,
Telephone Corp.—
preferred A (quar.)
1st preferred
(quar.)
C %
Jefferson
Electric
^ustrite
Mfg.
Kansas
7%
30c
9-30
10-
63 Vac
10-
1
62 V2C
10-
1
v
Gas
Co.
\
$1
'
.
<
,
—t*,
10c
.
!/
2Vac
i
25c
(quar.)__
$1.25
Co.___
&
Electric,
preferred
$6
1
$1
62VaC
•s-.;
v-v -.-x
(initial
Jamestown
6%
10c
(s-a)_
(initial)
(quar.)
Extra
.
...
Securities,
Power
pfd. (quar.)(quar.)
,'j
Corp.
Interstate Telephone Co.—
50c
'(quar.).
;
International
International
•62V2c
(irreg.)
common
6c
(quar.)
preferred
12 Vac
(quar.)
—
Kaynee Company, common
7% preferred quar.)
25c
(quar.)___
$1.37Vfe
Kelley Island Lime & Transportation Co.— r
Quarterly
•
Keystone Custodian Fund, series B-4
50c
v-
$1.50
_
Series
Laclede
t62VaC
Gas
France
Lang
t50c
\
Mill
La
t50c
S-l
Kilburn
(John
(quar.) _
Co...—j.„
uoc
..
Industries, 4% preferred
A.) & Sons, Ltd.__
$1.12 Va
Lehigh Portland Cement (increased)
Lehigh & Wilkes-Barre Corp. (quar.)
Leich
(Charles)
Leonard
Co.,
T/0
Refineries,
convertible
Loew's,
Inc.
London
Hosiery
■'
Mills,
Ltd.,
45c
common
83 %c
,
■
17 Vac
!___
Mading Drug Stores, common
55c preferred
(quar.)
Magnavox Company (quar.)
Magor Car Corp. (quar.)
$1.02'/a
<quar.)_
<15c
$1.12 Va
-
50C
_
Ltd.
Products,
$1.12 Va
(interim)__
$1.25
Extra
Marshall-Wells
6%
"
•;
t20c
Co.,
preferred
common-— *
/
(quar.)
$$1.75
—
;
Marven's, Ltd., 5% preferred (quar.) —.L—
Maryland Dry Dock, common (50c par)
Common
,4Va%
($1
McColl-Frontenac
McCord
Corp.
McLouth
5c
tl5C
$15c
par)___
preferred (quar.)
Asphalt Corp.
(irreg.)
Mastic
75c
$1.25
__
(quar.)
Manning Timber
$1.75
k
<quar.)__
;
A
50c
(quar.)
common
preferred
(quar.)
Extra
.
Class
15c
30c
(quar.)_
Inc
Liberty Loan Corp..
75c
preferred
$ioc
*
(quar.)'
Oil,
Ltd.,
(extra)
Steel
Corp.,
!
'
—
4%
pfd.
(quar.)
,
new
(initial)
common
'
Mergenthaler Linotype
Extra
Messer
Oil
Corp
Metropolitan Building Co. '(quar.)
Meyer-Blanke Co.
(quar.)—
Extra
Michigan Associated Telephone Corp.—
6% preferred (quar.)
Middlesex Water Co. iquar.)__
Midland
$2
;
Products,
common..;
non-cum
8^
4Va%:
$31V4C
convertible
Modern'
.
Steel
preferred (quar.).
preferred (quar.)
Miller-Wohl Co., common.!
;
preferred
(quar.)j——
Containers,/Ltd., class A (quar.)
Mohawk
$31V4d
75c
87 VaC
».Petroleqi^(*4quar.)^_____4i-__-i._.
Extra
Mohawk
Monroe
Rubber
Co
Chemical
Montana-Dakota
$4.20
Co.,
preferred
Moore
Drop
4%%
Forging,
convertible
Mueller
Brass
Mfg.
(quar.)
(quar.)_
(quar.)
common
preferred
Paper Mills
Motorola,
Inc.
Mullins
pfd.
common
(quar.).;
Morris
'
$3.50
Utilities,
(quar.)
(quar.)
Co..
;
Corp.
_
(quar.)
...
•
Extra
-
Murphy
(G.
4%%
Myers
Company—
Paint,
Extra
..
C.)
-
preferred
Murphy
(quar.)
Ltd.
(quar.)
_
(F. E.)
& Bro.
Co.
*_
(quar.).
National
Pressure
Cooker
National
Steel
National
Tea
Corp., Ltd. (quar.)
4Vtr/o preferred (quar.)
3.80%
Car
Co.,
preferred
National
Union
(quar.)
(quar.)
Fire
Insurance
(quar.)J.
(quar.)
New Hampshire Fire Insurance Co.
(quar.).
Noblitt-Sparks Industries
Nehi
Corporation
Norfolk
Southern
North
American
North
American
Certificates
Railway
Aviation
Bond
of
(quar.)
(resumed)
Trust—
Interest
—
Northern Indiana Public Service,
common
4'/2 %
preferred (quar.)
Northern Paper Mills, common
6%. preferred (quar.).
Northwestern
Leather
Northwestern
States
(quar.)
;
(quar.).—
Portland
Cement—
15c
Quarterly
Nova
Scotia
0
Class
Ltd...
Co.,
%
Ohio
Public
Oneida,
0%
Service
Ontario
Loan
Ottawa
Fibre
&
Brush
Co.,
Coast
Intermountain
Public
6%
Co.
(quar.)
Motor
Car
1
$1.75
9-30
•
11-15
$1.75
11-15
45C
9-30
$1.12 Va
10-15
$1.50
Co
10-15
$1.05
(increased)
Express
10- 1
25C
(increased)
Telephone & Telegraph,
preferred (quar.)
Packard
9-15
9-30
$1:50
Aggregates
Service
9-15
10-
25c
Ltd
(quar.)
Pacific
9-25
25c
$1.50
Inc
Pacific
Pacific
(quar.)
Fisheries
Pacific
9-15'
50c
pfd.
1
9-15
$2
Investors, Inc.—
preferred
10-
35c
Railway,
American
$1.50
;
3.90%
Debenture
Pacific-American
9-20
10c
(quar.)
Electric
Ox
20c
(quar.)
common
preferred
Pacific
Co.,
9-30
50C
(quar.)__._
preferred (quar.)
Ltd.,
9-25
-
preferred
prior
1
40c
(quar.)—:
common
...
5%
1
10-
87 V2C
^
///Preferred
(quar.)
/ Ohio Finance Co., common
4 Va
10-
$$1.25
•;
,
-.1
B
Ohio Confection
t!
9-30
$25c
Light & Power,
class A
Ohio Brass Co.,
9-22
$1.12Va
(quar.)
10-
1
$1.25
10-
1
40c
com.
10-
1
(irreg.)
50c
Paraffine
.
4%
Park
Inc.,
(quar.)
preferred
Chemical
Peerless
Co.,
Cement
5%
common
preferred
10-15
10-
$3
9-1
10-15
25C
(quar.)
$1.50
Extra
Perfection
Stove
Co.
1
(quar.)__
Corp
Pennsylvania Engineering Corp.
'
30c
(quar.)
9-30
9-10
56V4C
Petroleum
Exploration
>
Extra
'
Philadelphia
•
$4.50
-
$4
1st
Dairy
1
25c.
10-
1
10-
1
-
Products
preferred
non-cum.
(quar.)
10-
15C
'//
I
10-15
$35C
$25c
Companies,
Co.—
(quar.)_.
2nd preferred
(quar.)
10c
12VaC
Holders
Payable of Rtc.
% pfd. (accum.)-
Extra
>
When
Share
10-
10-
■■
CHRONICLE
Name of Company
Industrial Silica Corp., 6 Va
Interlake jSteamship Co
10-
*621/2C
FINANCIAL
&
Holders
Payable oj Rec.
t$l.i2Va
15C
COMMERCIAL
.
9-30
10- I
48
THE
(984)
Below
give the dividends announced: lit previous
we
weeks and not yet
dends announced
paid.
this week, these
Name of Company
Laboratories
-
H olden
Power
&
Paper Co., Ltd.;
preferred
(quar.)
$2.50A prior
10- 1?
10- 1
9-1
i- Extrau;
9-1
Ashland .Oil
Asbestos -Corp.,! Ltd.>
■.
$37'Ac
pfd.
$1.00
$62.%©.
7
Acadia?Atlanticr Sugar Refineries# Ltd.*/Class Ai partic; preferential <quar.)_«
.
'
,
Akron Canton & Youngstown RR.
69#
preferred (s-a)
& Vicksburg
Alabama
Allegheny-Ludlum
$4.50;
)$2.50
,
Allied
Allied
conv.
.
Atlas
Steel,
Inc.,
common
.
(quar.)
—
LaboratoriesMQuar.)
Corp., common
Stores
Allis-Chalmers
Alpha
(quar.)
common-,:- (quar.)
Mfg.,
Portland
Aluminum Co.
Aluminum
•
Goods
_
ZA
-
Extra--
'
$25©
20c:-
.
Amalgamated- Leather' Cos.;, Inc.—•
/6%
ccmvertiblet preferred
(qua*.)---.
Amalgamated Sugar Coc
(quar,)
American^ Aggregates;
preferred
5%
AmericantAgricultural Chemical
75c
12 Vie
$1.25.
75c
$1:50/
40c.:
-
(quar.)
Co,
(Gel.)
Americana Bank; Note,- common,
.6%
preferred
(quar.U
79o
y;
,
)7%
$1.75
(quar.)_
American-Casualty-/Co./i (Pa.); (quar.)
American Chain*. &. Cable Corpora.,(quar.)
35©.;
lOOr
■
.'5%
preferred.: (quar,Ai_ri___:.___
American-Chicle Co. (quar.)-—
$1:25:
,
50c.
—
American .Cigarette & Cigar; Co., common-—
$1.25
.
./..$5fcV preferred^(quar.)
rMnericawf'Colortype^ Co, :(quar.)
Amerioan;CyaRamid Co.; common;
3V4;%, preferred;A' (quar.)———dm'A
American Department Stpres (quar.)______
AmeriqanniDistrictt Telegraph!Co.:(JSr^d;)1—■
:
Basic
Felt-Co.,
Corp.
75c
10c
>
'
•
'
«
74S>,
7%«
-
• ;■
r,;j\,mnn y/,
preferredvtquar^i^^^^^,^
preferred
(guar ),
,
.$4^ preferred!
American Potash; & Chemical—
•Class A
(quar.)
Class
9-10
9-10
.
•
s
8-31
$1.50
9-20.
OfA
.
V
(T.
Brass
G.)
Co.,
&
Corp.
9?24
9-1
9?24^ %9- 1
" - 9- 3 v
$1.60*
9- 2
.
9-30
9-15
30©
10*
50©.
9-15.
10* 1 -
8-31
9- 3
10?'2
10-15
;'$l: v':-9?17""
9-15
$1.60.-
Extra-
$2
:
'
Brockwayv. Motor-Co.__
V Brooke'.v(E}i?j &^G^ Iroh*
9- 1
8-26*'
Brown,
8-26*f
10?15
75c
8-26*'
9-15
10- 1*'
Brown
Brown
.
Brack
9-' 7
9-29'
9-16
,
10-1
Rubber
&
9-15"
9-15
;40«
0-
9-20.
104
«
!'"!
>,
*
<
Shoe
Co.,
$3.60
10-15
$25c
9-15/
,30c
10-
10*15
10-
9-15
9*17
;
3
9-
8*
1
9-
3
SP10
8G7
ll-,L
10-
,9^0
1
9r>20
..."
9-'.l'
:
8?^20
;,f,
9-30.^^
9-10
I
9*45
10-
.
0? 3
1
9* 3
10-
r"l5ft
vMachine^Cft^^lquar^)^*.^ *,
v 25©.
AllM-
if Scmth. BendLRR.-*-
>!
a2VzVo
a2'A%'
-
1010,10-*
10?
$37'Ac-:
$25c
7
7 !
7'.
.
7
9?15...
9-15
v
$40c
15c>
50c
15c
l0-15
9-10
9-24
9-14
0-25
15c*.
9*14
25c
9-13
9-
,
7
1
94
4
9^.
4
9-
;
8
.
10-15V
8*23
.
9*20
8-16
$1
v
p V
:
,
i—-
/
10-1,
*1
9*15
$4.50
preferred
(quar.)
"
'
preferred, (quar.)
ClimaxMolybdenum Co.a__—
Clinchficld Coal; CorpA (quat)—
>
Clinton. Industries
>
,
59a
Chemipal
1
9-
9
quar.)
$1.25
30c*
.
9-30
-9-
10-
•;
•
..25©
i.
109:3p
•
9-jlO
,
10-.-1,
-iV
.Coca-Colft Cot
'
9-25 "
$'f
.
1
9-10
50c
$1.75
___
6
10-
:
-20c
40c
i—
Cluett, Peqbody & Co., common (interim)
:
7 9oj preferred * (quar.)
■r 49a; 2nd preferred (quar.)
Coast-Counties Gas.& Electric—
) 4%} preferred Aj (quar.)-~
,
9-9?
L.—$1
(monthly)^.4«—i--*—
.(increased
9-15
40c
.
Ciorox
$-28
10-15 ;
X'o-'- 2 u
Bronze,. common
i
9-15.
$1.12'A
—
Cleveland Graphite
9-l5i
10-
(quar.)
1
>
9-15
50c
$1.25
25c
$1.12'A
..
•
|
j
8-27
r_.-__Aly._i:."-$30c.*'9?i5v!•
9-15
9-20
;*■ 9-20
.AAf35©j$
Co., common, (quar.)
preferred (quar.)
Cleveland Cliffs Iron Co., -common (quar.) a
■1
$4.50 preferred.. (quar.)
——
Cleveland Electric Illuminating■
'
.
.8-23;
•
0?1O
10-31
IIP'
-
.
59c
9-30
>9-10
9-16
8-31
0-31
,
«t*io
12-31.!
$1
$1.75
ZZ
.8*^7
-
8-31
8-31
8-31
-8-31
8-23
s
;
>
48-27
9-30:
.
Redjicedt quarterly:7_t?_.»*.-^-r*?--^-*'-~--;r;7' :;45©i:*
Clark; Equipment
Is
Is
9-15'
'9-15
-
$1.25.
,01.25'
.
\
9t15
9-30
9-30
.-'0*15
Cinzano, Ltd:,; 5%% pfd. (s?a)
A 2%55>
8*28
fi 9-20
Cities; Service; Co. (quar.)^-^>-_L_i-^--?^A?H' . * 50c
9-14
'
8*31
City Auto Stamping Co. (quar.)
#25©
9-30
,'klO
City Ice S{ Fuel.-Co. (quar.)
62'At
1- 3'
.City of Paris Dry Goods Co.,.common (s-a)i- .
$3.50
7%, 1st preferred
(quar.)
$1.75./ 11-15'
7%, 1st /preferred (quar.)—;
—
$1.75 2-15-49
Clark Controller .Co. (increased)
—*_—25ft
,
9~\2
10-1
(quar.)
I.
3
9-10
45ft
,
11
9*17
11-
9-15
50©!
Trust. (N.IYjI : («uat;)
10-;
9-14
12'Ac,
; 15©
^
'
9-30.
11-30
,
'
49o .preferred (quar.)_.
t
1
10-15
v
25c
preferred
I
'9-17
ir„$l;12%t;
—
Chrysler. Corp*.; (quar.)
Cincinnati; Gas & Electric
t
9-30* '!
8-31
t
93%c
30c.
90c.
'
%9J 3.:
3-; 31
9-15
Qhrlst)ana? Securi^es,: Acommojij._A-r--*4---v : , $37!
;i 79o4 preferrad(y* (quah)£i?i4L'_ii4^-^*^-'':77#ii75 .fc ;10?>ltr
8-30
—
Mills, Ltd,...(quar.
(quar.)—
19a 1 preferred ,(quar.)
—
Chickasha Cotton Oil; !(quai^)4!.-_----^»Li^
A
B-30
(quar.),
:
9-10
1,
9-21
20e
;
0-11
1
9-J5
i— '
r
1
9-30
150;
—--
Qhicago.Towel.Co,, ;cpmmon_(quar.)—
10-. 1
0-15;
(qudr;) _:^_iA:____;«iA 7
Co,
Mills
Qhicago. South Shore
'"■■■'(
25c
________
i
1
40©
Power Cpt. (quar,).-- -.
&
■
35c
x
'
9-2 k
$1
.5% ,preferred.(auar.),__^__v—..
,
<;
'
9:-l
•;
50c
Chicago- Rivet!
Extra;
Chicago. Rock ^Island & Pacific. RR.rr
'
.5% preferred (quar.),_*«Aii.__—_^—..
,
9-15
8-25
Co.______
Sharpe Mfg.
Ribbon
-
9-3&r'... 8-31
10- 1:9-1,
9-16
(quar.))
:. ::'Extra!.v:-l_
Brown/ & Bigelowu.
9-15
______
Class A
(quar.)
Broadway^Market Corp.
9- 2
9-15
9-13.
!
$25c
(quar.)_
$25c
$$0.234375
common
10-
.
West
-'Extra •/!.'
•
c
9?30
v
f
'
*
0:.l
9?10
Registered (interim)
59o -preferred, (s-a)
Registered (s-a)
British> Columbia Packers, class A (s-a)
! Clas H (increased)
XZ
British Columbia Power Corp.y Ltd.?—,
9- 7*
25©
.
$1.75.
1
Bank
9-10
;9?15
.<
7 9-15
•
62'Ac
,
!r 9-: 1
10* 1 '
•
•
9-15.
•_
$1.37'A
(interim),^
]
0.-11 I
.
.
;
9-2
9-17
10*-1
20©
.
*
British-American Tobacco Co., Ltd.—^
Ordinary, (interim) "
;
:
9-25
10? 1
75C
preferred (quar.)_
Note Co., Ltd.—A"
9-11
;;*f9-22.|
•
.
-
"9-J15 f.
-
,
$$1.50»
Ltd.
i
:s
,
•
$1
(quar.)__
British-American.Oil, Ltd.,
'
33/^A preferred (quar.)
1
0-18
10-» 1
37'Ac
""
V
Bristol?Myers Oo.,v3%'A
British-American
10?
.
--
Co.
(quar.) _________
Bridgeport- Brass Co.—
5Va 9o. convertible preferred
(quar.)_____
Briggs & Stratton Corp. (quar.)
Extfa
Bristol
9-30^•
8r3$*i.
I
9?20
9-30 V
Cherry Rfevet (po.! (quar,)2ViC:,
•
:) 91 8
Chesapeake & Ohio >Ry,,Acommon!.-r^ -^--- ;
i' 75© "1010?. 8
11-1
;3V2'A convertible, preferred (quar.).—_—
87'Ac
9-25
9* 4
Chesebrough Mfg. Co. Jiquai.),.—50c >
;
9-25
94 4
; . -.Extra:.
%
25©;,
10? 1
10-15
1
Chesteffville Mines;
$5©;
9-30
9-.15
.Qhicago. Mill § Lumber. Cp._ (qyai,.)_______
. 30a.:,.
8-16
7;50e:;V<'lQ»
,'31%d>^ i0#)l
?
Bright
.
$1.509-24
$4-convertible-prior preferred'(quar.)$1;1%: preferred (quar.)
$1.75
Anaconda?- Coppen - Mining Co;
Anchor. Post .Products (quar.)
(quar.J L
preferred- (quar.)
Brewing, Corpj, of America
:
9-7
9-7
••
prior: preferred ,tquar.)
Bearing
Light
f'VChemipal'Bank
9-18
1
1.
*
iquar.)
^
1
Chapmam'ValvA.idfg. "Qb.r!,tquar.)-,?-~-r-??;?.-,'.;50cCharleston: Transit Co., 6'A pfd. iquar.)—
$1.50
Chatcq, Steel products.. Ltd..common—$25©
.
1
9-30
' 25c '
! S '$2,?
60c ?
(increased)
Brach, (E. J.) & Sons (quar.)
Brazilian. Traction Light & Power, Ltd.—
9-10
$2.25
-
Club (quar.)
Albany RR:_i!____^.;-__^r______—-!
(quar.)__
Bower* Roller
9- 1
50c
Telegraph Co. (quar.)
American Vitrified Products Co.; pfd.- (quar,)
common
XX 6 %
9.
9-14:
'
$1.50
_
9?
(quar.)^V-^_l_^i-I-?'V.7:::;;;50eV;
Inc.
Botany>'; Mills^, •
H 5 9o /preferred
8? 1
9- 1
$1.25
Stoves,
9?
9-12
25c
(quar.)
1
10-
50©;
Jl.lO'A.
Championf Pappr :& Fibre,.
.•
t
9*24.!;:<<'9- 9.'!'
$1.06(4
...
preferred
Century
1
>AX''.X
V
!
69c
9-
9-24-
Laughjin, Inc.,
Tobacco.
9- 5"
,
9?15
.i.'imso®
Boston Insurance* Co,
I
9-15
9-ia
it'! 50c
Boston &
;
9*18"*
9- €'. >?
12t15?
Ill1- 8
9-15
10-1.
10? 1
(quar.)_ '
O©
*
10*
•'
Century Electric Cq._____2__—'
;
#,9/-20., i
9-30,.- * -9*20
.
1
'■9-. 1 I
9-30 1
'
10-15
+40c
tquar.)
7
9-15
•
9- 1
;,$$1.75
Corp,..(qqiaj.) —i_—:
Cfrtaiii-teed -Products X:9A',XyX. ? prior Rreferenc©, (qyar.)
.4
.A, 9-30
12%©.:,
So©
$1.50
•
Book-of?the-Month
•
8-19
9?15
25c
9-
'f
*••V-.9-22
1
9-13
^25©SA^MOi j;;.^9r20';;;\^.«.GhamblDrlin.*.-.CQ;!vpfvAmftifcife-.-A?:w.^-.«*^
"
'
1
9*20
.
Ohio
Central :tt- South
i* io^rVv/,9? .3
0?2O
10-
$1.75.
'•
pfd.
Central Paper; Co. -(qugr.).-
cqmmoh_'____
V" 25©
XQivvertible? preferred'"(quar.)'' 37'Aft ",
#r.
5 %
Bond
-
50c
Central
1
,
:
10C
i
9-20
1
9-) 5;!.
10^ r;:
.
1
9-10
-
25p
9?25.
10-
9-
.
no*
.
12-20
Bohack (H. C,)' Co;, Inc;— '
'* XX:yAA^;' '■
Mh9o - prior preferred* (ihitiai)_™__"___$1.37'A,
Bohn Aluminum? St Brass Corp._!___-__i_^._. • * '
2.5c r.
8-27* (
f 9?15
in Decker/ Mfg.
Block Bros.
'•
'
v
y.:.12-18: vXl- 1
25c
9-15,
9- 8
Tobaccq
American Woolen ?Co.,
v.
8-31;.
8-31
9*30
.
.
<
Bliss
8-31
25c
'49a '.preferred (quar.)._—_r—_.—
Centra) Investment Corp.- tquar.)
;
(quar.),
common
Blaw-Knox- Company
9* 9*
$1,
!
1-1-49..
50c
1
"''lO
a*28.-:; 9-i
40c
8-26
8
10-
;
50C
I)td.r__-lxX-——-
.10.*; !.:•
$1.75
>
9-10
9-10
$1.25
preferred (quar.)
$37'Ac
Central Illinois Public Service
Cookie;
St
50C
>10?
9-1
8*23
5e
Central Illinois.Light Cq.; 4VAJa
10-22
$1
0-^1
10-
;
______
;
;-:9*i5V
:
9-10
D-25
,8-i 1
10-
50C
f
,
50c
Bjlack, Sivalls.
Bryson, Inc.—
4.25^i; preferred^ (quar.)/_J_,
t
10- 1*
37yac
0-30
:$L-
8-?5
10-
$50c
(J; I.)
Castle
9-15
50n
"P
9-15
•
50c
CenjtraJ'Coid Storage Cq. (interim)"
0*151^
9-30 i
1
$1.62%
u
(quar.)
coni.
•Extra
<
9*10 '
1
$J.
preferred
Black
8i-28*
9* 1
9-14*
10,-15
___________
American Telephone &
.
(initial)j.._.._.-___.^^.2i.i
$2 conv. preferred
Limestone & Cement Co.,
Birmingham Water Works, 6 9o pfd.
9-9*
►
American- Sumatra
'
p<y5% jconvertible? preferrcd^iqui^).^-^-*!*?BirminghVim Ghts Co.. common_________l__
<•
(quar.)
$4 preferred A (quar.)____^__>
American Power & Light, $5 pfd. (accum.)_
? $6
pteferred; (accura.)___
American:;President Lines, Ltd.— ,
m,5% Vnon-cum. preferred (quar.)
,
American^. Radiator &,Standard;: Sanitary
Corp;; common (increased)—-i-.v
ti..../'.Special—
Amcriciut. Smelting & Refining Co; (irreg>)i
American Snuff " Co., cbmmon-_________—
v 6
preferred- (quar.) _____„«_i_^_i__-_
American- Stamping Co. (irreg.)
American
States:
Insurance
(Indlanap?^
oll&i; (quar.) Jknerican Steel?Epundriea_i
American Stores Co.; (quar.)
American t Sugar Refining/Co.—
:
7%rpreferred ; (quar.)
'
9-E0
9-13
.
10.
—
.
V
9*14;
<T.
0-15
9)5
.-9-28
$$1.25
+$1
(special)——
Co.
V
Case
i
.8-18
'
paper
•CajTier.iCtor p.;1?.^ p refer red ,(quar.)
Carriers.1;& .Geqeral Corp,:i
C
9-30
10-15
-*
Company, cpmmon___
j
7'A preferred (quar.),
——
Casselsiv5iC to 10c- Stores (quar,).??
—
Cgssidy's, :Ltd.^ ^7(A jprefer^d nquar!)-'-^—
9*15
,
> - '•
9-30:
•' *
37%©;
*
:
Bingham-Herbvand Corp.,
-.^•"v,'Extr»vv™-ui——L,__:
9-10
37%0
B
'
Bethlehem Steel Corp.
(Del.)
79c. preferred*1 (quar.)
Bibb"Manufacturing > (qiiar.)' •
Extra.
*■'
9?20
9-3C
$1.75;
$l;7|.:
n
%
.
;
8-31
37y2c#, 9-28^
...
Loanrrr^
>Common (increased)
,....1.
[
9-vl
10-30
.
Carpenter
;
V v!
2 fit
CarpentervSted'Co.—2—
8-31
l.V". 9-)5
,.;o-l'-.A
$1.50 class A* (quar.)^_v„
/
9*i&
10-1
1
$15©;;
(quar.)
i
.
American: Paper'Goods
<
Mines,- Ltd._
Appliances...
Home
■
Kpnn'edv vfouar. (k. 25C •
Carey, . Baxter
Kennedy
quar,)
50c
V Carnation; Co.,: common^,,,.-_—
?
1st preferred (quar:).;-^----??—f-' ^ 93%C
l$2.
Carolina Telephone & Telegraph Co.' (quar.)
8-28
9-27V'V-'
,
>
|
.,rl3rl5:
preferred
i.-!Carev. .■•BftXOr
i
9-10'
|
8-31
10-
:?/,^$L5Q;.>
.
(.
8-31
10-
tS1.78:
;••
|
4
I ;!■•
10-15
$17.y2c
tquar.)
4%
preferred (quar.).
—-—---—.
Canadian,:Pacific;.Railway C.Q.. .(interim)-.—
Canadian Silk Products'. Co;—;
!
$1.50: class ?A. (quar.)—
;
Canadian Wirebound Boxes, Ltd
9-10
10--1;!
10V 1
$11.75
;
',$$2;' f., V1
15.i. ;
*'
$ IOC V V";! O.tI'A
(quar.)
5%
-
:
9-,3
1
"
•
.
x
Ltd.»,8pfd...,(9PW;).s»
Canadian Oil Cos;,
9-vl
•
plO-Cl^;
400
$2flc
;
lid.: .(quar<) i'l- '
Motor Lamp. Co.,
9-,3
•'
1"'
10?
?:':vQuarterly
9-15
.'r,.50C;?. vl0rt.LV.
$$1.50
Belleterre? Quebec
I
f :*
'
.
Benefieial Industrial
f
:
10-
;
preferred:4 («-ai
News Go:
(bi-monthly)
Telephone- Co.- of Canada
Bensoii & Hedges,
20e
97VaC
American
.
_______
Bessemer
$1.75;
Amerimur flational Flnianco--*'**8
■f'i SA
J25C ;?
Beech-Nut; Packing! Co,
(quar.)
Belding-Corticelli, Ltd., common (quar.)
7% preferred, (quar.)
;
8.^12
10?r 1 :
.
Canadian
I
10-
t$2
Inyestpieuts.,; Ltd—,
Machine Co., Ltd.—
;;
j
9-,8
1
8-J1
$25c
____
^iCftnatiiatt;, lngeCSoU?Rand^£&.{
8-31
9-13
t35c
T
9*24
--
10c
35c
__
Meter-Go:___
Inc,—__,—
.9?"15
.
1
12'Ac.
Co., Ltd., class A 'Tquar.);$1.40 preferred; (quar.).
Beech Creek RR;. Co. (quar.)—r-^*—~
|
.9*16
.10-
?7y2c
•
Bendix
®"
10-:1
*/'!25®i
'<■'
-
Ice
Industries, Ltd., common
preferred., (quai'.),
yVfr
■
8-31
9rl5
(quar,).__
Beaver: Lumber
Bell
9?15;
\10c.i
•
,(quar.)_.-_--.--___---_^--
50c
AtnericaavMaohincas Foundry Co;, common\ 3.90% preferred
(quar.)
Americajr
:
■
25c
10- lr
10©v -:lO*:l
(s-a)
.
(quar.)
(quar.)
In©;
10-
$75c
(quar.)
Canadian
c
.
,
"
—------
Co.
t
8
9-S 8
9'
•f 10-'i;
$30c
$18 Ac
Ltd-, .common---
Electric
General
Canadian
9-ip
,
Common
$1.50
Laundry Machinery Co. (qu»r;)__
Americaa^Lockep Cor: class A" (quar.)____—
American? Locomotive Co..; -common-
preferred
1st
10-
13-31
f
r
Foreign Investment Corp., Ltd.—
Canadian
9-30
10-15
.
1
10-
'
p
—
>j£iuarterly;
;
9-. 8
(quar,$$1.12 A
'v Canadian jGenesral
4%
-
•.
—---•— ?-
L——
9?^ 8 k
1
10-
$15c
+10c
sLUL^commpn^iqu^
Food; Products,
Class, A
Canadian
;
9-10
I
10?
a___
1
10-
+?fc
________
preferred ,<quar.)
•''''■•'ftVaVoi preference-
1,
(qLUar.)
8-31
10-
i/ic
$250
*
8-31 &
8-31
•".10?;-1',:
-a^J®
(qugr.)
!
X
I
9-15
9-15
•>
-
Participating,
6'A
)-l
9-17
,
conv.; pfd.
V Canadian Cottons;
9-1
■
4%
75c
50cf;\
—
Co;;/!;--;-;--—
American
7^
preferred
!•
:
non?cum.
% Canadian
10-: l"1 ,;.:'9*io
tl?1/^©'
Cigars,; Inc
Beau Brummel) Ties,
;
9*10
9f- l
-*
Participating
9-20
9?10
$1.50
.
■
9^3
10? i
9-li-
60c
1st- preference
ft
9-15
1
10-15,
)
L(quar.)i_.__,__^'wu_?.-i-----.---:--
■
8-24
1
',
r-;'-$1.80 .1?1$?*9.
pfd. taccum.)
$2-50' ' 9*27'
-
■
8-31
10? 8-
t
10-15
10t9 '■■if
$1
:
9?15:
9?15
25c?
Products; (monthly)
American Ice Go., 6% non-cum. preferred—
—-——
Co
Refractories,
4%
9-2
9*20
.1l
-«•
Insurance Co. of New Jersey
Wilcox
&
9* 1
9- 3
-25c
9-12
50c w 10-1
$1:50. -10- 1,
American Home
American
10-
25c
25cr
30o *
—
.
■iteit
37'/2c
•
:
9-14'. 9-15
.
25c.
—-
(quar4i::_.
American-Hawaiian: Steamship^
American i Hide 4c Leather povrr ? ;
V'i 6 % convertible preferred (quar.)
American* Hoist & Derrick
iquar.)__—
Bayuk
-
(quar.)
2nd; preferred (quar.)
$6
American: Hardware
pfd.
$3.2$ preferred' (quar.)
(quar.) L__
com.
8rJo
Mb
;
56'/4Q;
(quar_)__
& Sons,
9*ift
.
"
„
Bpuschr"St) homfo Optica*fe..'Qp.^^mw«»^-'i»'':^
'-•;'H%^--prefemd^(quarO8-^3-&
12-15
" tliVsO
t,y.-
Extra.
■
9* 3
9-23
GasElectric (cash, dividend)-r*
Quarterly
25c
9-15
Stock diyidendvl(2/lO0ths share of'Atlantic?.City. Electric common for eacli. share
held);-.*————i-—' 9?l5f.
American* Hair
$15e
v
8-21
U-?0
;A"?!'!!
v
10-
":;!^+$2
-
X Canadian Breweries; Ltd.. (quar.)__--_
Canadian Canners, Ltd., common (quar.)—
•
9*18'
10?15
50c
(quar.->——
American General Insurance-(Texas)
9*15
8-14 I
9-20 S
Class. ."Bt-1 (interim)-•
8*25
9-10
$l5c
common___-
Corp.-:?-
8*20
9*16
>
-
American
:
9-30
.
'
,
Growers
9-15
Class;\ A'
t':
-t;,,
.
8-20
07%©" "lOril^
American: Export: Lines;;, Jnc.^ (N. y.)-—50c
AmericanForeign Power, $7 pfd./(apcum,)
$1.75.
$6 preferred,'(accum.)——
$1.59rAmerican .Forb &, Hoe, common
-•
30c
Fruit
,
iquar.)_
Corp.
I
8-27
9-15
Lt.d-.——1~
Mortgage
9-15*
. t10*25
..J50c
V Canada. Wire & Cable Co.,
f
•
——$160.
9*39/
9-15
I— i30ft!;s -9?lj?"" *;0- T;;•••<
(quar.),—.
25o;.: 19?Vi> 9|;3
C (
American
8-14
,
Baltimore Porcelain Steel* Corp;-?-'»
. *' >*
•4*14i-'
7 0u. convertihlfc* preferred,(quar.)
-8%©. -.10*-,. li
:
73$ convertible' preferred? (quart)
K !
l!-2r49 '12-14
8«3
Bancroft (Joseph)
& Sons__„_
>
250;' ;',j'-9.?l7-,
Bangor & Aroostook, RR. Co,—'
'v ^
;
1
10- 1
0-0
5%
preferredi' (quar.)__»,J_^»__»._
—.
$1.25i
10-20.
40-1
Bangor Hydr'o?Electrlc, common (quar,) -.40c
9-10
1c/o
preferred- (quar.):
$1.75; . 10- I
9-10
4% .preferred' (quar.)
________
.....
$1. , 10? 1
8?31
9-15
Barber*Ellis Co. of Canada, Ltd.
(quar.)
.
$25c
9*16*
9-16*
10 -1
9-23
9-15:
9- 3
.,9*16 A%9«* 3 ::
9-15/
9? 3
9*15:
9?) 1
i
9-15
9- 1
20c..
—
ii;
'.-
8-18
9-10
Permanent
Canada
1
1-3-49
|37 Ac
—
Ltd.., (quar.)—,
Co..
0-
0-20
:
:iCa2nada.tiSteamshiptLineaiLtd,.l?rQlV*,
9-18
" "
9-13
20c
37V?c |
50o
Company
preferred (quar.)_
preferred fqn*g >
0%
Eoundryi;;G0i;>icommcaii^ «
$3 trJO^SL;
preferred, (quar.)----—81.751. 10? I
non?cumi
9-30;
! $ 1,
•
(quart)
lCanadai Noj;therh': Power'.
1
8-30
56Vic
Ltd.,
•f- 8%
^Baltimore Brick Co.. 5 %
9-16
9-18
9-14
9-28. A 9-14
10- 1
9-1*
10?-1
9$ 1*
10? 1
9-16*
American* Car? .Sit
-
F.)
.9*
:
v,
Baldwin
9-13*
19- 1
10? 1
10- 1
9-28
75©..'
preferred
9-15
A
.' Canada. Malting
,.
(quar.)
(B.
Babcock
11.-3
9-13*
1
^
Co.-_l._.—
$2.25J preferred-
Avery
9-3.Q
30oj
50c
„
(quar.)
Ayshire Collieries COrp, .(quar.)
B/G Foods, inc. (quar_)
Babbitt
(B.: T.), Inc.
(quar.)—
,
8-20
9-10
9-15
$250.
y
quar.)M,t
(quar.)_
Manufacturing
Ltd., ,$1.30 pfd. (quar.)
$32'/2C
Stone, Ltd.
—
+l0c
Canadq; Flooring, ..Ltd., xiass B* (initial)
•..,' ■ •; + iQ®.:.
Canada. Foundries dc iporgings, Ltd.—
^
.
,?/Bxtra.*^t..;—
American, Can-Co..
10-
16ft
_
Co.
preferred
Clasa A
-
..
9- 8*
8-1A
12? 1
10? 1
50o
„
A
9-20
10-20
9-30.
9-10,
9-10.
10? 1.
:
.
44—
Manufacturing:^ tquar.)
Aluminum.' Industries
.
75c
40c
250
50©
93%©.'
Cement
of America,, common
$3.75' preferred
(quar.)—:
Aluminum.Co. of Canada, Ltd,
Z49a .preferredT(quar.)
__
•
$1.12'/a
30c
62'Ac
25c
Jr.
Investment
Powder
Avco
9-1
tso.
(increased
Electric Service Co.,
Common;
9-l»
9-8
9-1
9-1
9-7
9-7
9-14
9-30
9-15
10- 1
10- 1
10- 1
40c
t
_
common-—
preferred
10- 1
10- 1
$2.50
$3
J
.
:M
(quar.)^
Rdfining
Auto
-
.
(s-a)
(quar.)
preferred;
Allianceware,
Ry.
St
Atlantic' Refining Co.
(quar.)—
Atlas Imperial Diesel Engine. Co.???
.
8-18
9-30 i.:
.
Class
Atlantic
Scries
9-22
.
'
Atlantic Coast (Lin© Railroad
*___
: *;
Oil Corpu
(lrreg,l._«.w«>-i-_,_^.-.-.--->,.
9-10
•
8-27
.i--?..:
Associates
'
^
10* 1 •'
$25©
';-prmi*rreAt:: (qn^r■) t X.ZhZnAnj* -•-2S;Pi:'. 9rl5;/::;4;V8-20
Electric
Corp.
(quar.)
...
Ifac; ■
9.-1&
94 3","/
Acme Glove Wbrks,
Ltd? (interim)
_
1250
10* 1
9-17
Acme
'Steel
Co:
(quar.)
$1
i 0-11
8-20
Agricultural Insurance Co. (N. Y.) (quar.)_
75o
10? 1:
9-15
Ahlberg Bearing Co., class A (quar.)
./
8%o
10? 1
9-20
6%
Acme
■
9-20
3%;;
____
Stock, dividend.'
9- 8
Canada' Crushed
9-15
,9?24:,r
y 8-20
9-20"
Canada. Cement!Co.,
9-15
9-30
40C'
,
Corp.! (quar.)___
Artloom Carpet Co.—
\
9-10 i
9-30r\;
50c
!::•
(quar.)^
f!
Payable of Rec.
Share
Company
50C
12'/2C
(quar.)
Corp.
Construction
Atlas
^
Abitibi
Constable
Metal
Extra.
10? 1
C5©
X
Art
Payable of Reo
Share
(increased- Qua r.)
Extra,
"
Arnold
•
,
When*
Per
Name of
Holders
When k
i: -P<6rn>
Payable of,Rec.
Share
1948
Monday, September; 6
Holders
When
,
being: givem in the
•
CHRONICLE
■iler.-"-
:
Name oj Company
The list does not include divi-
preceding* table.
Abbott
COMMERCIAL & FINANCIAL
0-40
$7.50
10* 1
0-10
9- 1 •
Cochran^Foil rC©^quar,)^A*?4J^/~i-*_-4__A"7' 12%o?: ;;'..9*l5:.9-^1
®j%r':prtdr^'preferred;r<qttar;)'iii^jii^^,^,;:;:.;g|;,5lfl^:ji^:,i;:::;! io-2»' -.i^/./svExtra! *
$5-'prtferred?'.(quar.)_____
0-20 , :! Cock shut tt Plqw. Go. (s-a)^—' $35©
10- I-'t Ifa l
5^.-prlerupn^erred"(quar)'^^_f^^^;v;;; $1.60: l?31-49." 1-2J: n
■:
9*158-20. AnJtxeuser-Buseh, Ino.
Coleman Companyk tJ 1*
• . I
'-n*10;'"-: 8-10 " Buckeye^"Pipe*''XX 20©;•
Burdines^ Tncg
-25©:,. ?-,:9g;7;.:;:.s*8-24X1 A!preferredA(quar;)_^_
—>
53%©
.'9-10
8-27
AP©x Electrical Mfg., commoni
20c.-* 10-1
9-20"'
Buffalo^Bolt Co* (increased quar,
! ' 7%*' prior preferred
37% ft.... ,9? 10. A, 8-31; V
Colgate?palmolive?Peet.C©.Tr.—.
'
*
•' :X;
,»• "* ■■
(quar.)_____^_„i.___
$1.75 ; 10- 1
9-20
Burgess Battery Co,
$3.50 preferred
ZZX-Z-*
'?5C
0-13 *
9- 3 >
(quar.)_.—
—
87'Ac
9-30* : '9-14
; Apexv SmeltinO;Co.
(quar.)L;;iii_;i,_^____
37Vi©
9^15v
0- l i
Burrard. Dry. Docks, Ltd., class A
Colonial Jce Co.,;com. (quar.)
$ll2o
9-15
8-28
Apollft Steel Go. (liquidating)
x——. '
$1.50
10- 1
'"'9-20
$0
9*10
8-3P
Burroughs Adding) Machine* Co? (quar.)____
"
150,
9-10 '
8- 21;■ : -? $6 preferred B (quar.)
Applied^ Artsc Corp.i
.'lOc
$1.50,
10- 1
.
0-20
9-.30
9-10
Bush-Terminal Buildings, .7pfd. faccmn.)
$1.50;
10-; 1.
9-15 ,
Colorado Fuel & Iron fquar.)——: 25c, 9-30v9-, 7
Arcade. Cotton Mills—
Common.' (quar.);...
Columhia Baking, • common .(increased)
250
• 10*1
.
Butler.* (Pj H.)'Co., common (quar.) ____.
20c •*. 10? 1, 9*17 •
$1 •
0-30
9-24 ^
h9o. conVertibl© preferred (quar.)
50©
Common (quar.)
''
31 Vic7!. 10-, 1
9*17 !
12%©^' 10-; 1 -" 9-15
participating preferred, (quar.).—J_
$l
12*23
12-18
■. 5 9c. non-conv/ preferred
:
6%' preferred- (s-a)
B" (quar.)
31 Vi©1
10- t
0-17 ,
Extra ;
: Yi ?"x'
'V* *:*;
-A A25ei
1 (>•'-• 1 ■■#?!/9*15
$3 - 12-25 • 12?18
Butler1 Water* Co.. 79*" pfd;" (quar^^^.u-^V; ^ $1.75?!ij-viS:-A /
Arkansas Natural Gas Corp.—Columbian Carbon Co,_(quar.)
——
50©
9-10
8-43
C. I. ;T; Financial. Corp. (qnan)
i
i—'?
•
8O0
10+ 1
' 9-10*
'/".Commercial. Credit Cof— ■ ,
Argo rQil- Corp.- (quar.)_.^^______^_—_____
50ft;
9-15
8-13 '
,,
,
..
• A , ;';;v t y *
Calif©rnia .Cotton Mills/ (quar.)
v<'
15©. ? - 9V158-2U :C 'V Common (increased quar.)_Arizona Edison ..Co., common, (quar.)
25c
9-15 ^• ■ 75c-v. 9?30 v 0- 7
9-1 >
i
California Ink Go. (quar.)r__r__A_J_.
75c
9-20
9-10 '
3.60^ preferred " (quarDZ-ZA—9Qc
$5 ! preferred
9.-30
,,,-9* 7
(quar.)
$1.25-: 10* 1
9-15
California Water Service Co. (quar.)
Commercial Solvents Corp.
Arkansas? Missouri
50c
10*, 1
Power " (quar.
j.
a37'Acr' ,"9*30
0? 8
9-10 >
25© V 9.-15^
8-31
California-Western
States*"*Lif©" Insurance' ■ •
'■* -*
Commonwealth Investment Co,
(Del.)—___
6c
?' 6%i- preferred- (auar.)_?
10*. 1
15c
/; 9-30
9-15
p Co.* (s*a> •
A';'BOe'^r 9*15
8-31 :
Armco
Steel
9-22;
12y2c
•Brunswick-BalkerCollender Co.,
9-3
com*
(quar.):
•
.•
9-15
9-15
25c
25c
." 9-1
Coca-Cola
International
Corp./.,———-
.
,
.
1
.
.
'
>
-
.
.
.
.
-
.
,
,
<
'
'
,
'
.
,
^
,
^
■
Corp.,
?
4y2ft. convertible
common
preferyed..(quar.)___rr^
Armour St Co:, $6 prior pfd., (quar.)____
50c;
$1.12'/^
10-15
$1.50;
10?1
Armstrong^ Cork Co.
$3.75. preferred- (quar.) —
93%o
$4 preferred v (quar.); $1
9-15.
9?15
9-15
>
8-16
9-15
..
9-10
9-1
9-1
Special
9*15
50©,
Camden Forge- Co.
5'A 9c convertible preferred (quar.)
Camden Refrigerating & Terminals-*?
•••-•.
5% i preferred (s-a)-—
8-31.
$$%«:•••'••vioa: I'X: :-f$*15:-
______
Commonwealth
-
50c
..
9-17'
9-15*'
9-8 .'
Co.
Ex^ra
& Stamping".----.—
,
Pomroonwealth St Southern Corp.—>
V
(Ky.j—
Quarterly;
;
9-30
$2,50
insurance
Cdmraonwealtlv^Shearing
A-y
.
Campbell Wyant & Cannon Foundry Co.__».
Life
,
$6? preferred
(accum,)*-,----_-_i.
-
V
'
15c
12'A©
l2'A,c
9;15.$-31
9-25
'B?10
9-25 ; 9-10
0
>
' $1.50
10- 1 '
9?10
49
(985)
'
•'■:■
V' "
■
'
JVchne 0/ Company
^
Community
Compo'
Donde
Publications
Nast
Commoii
(quar.)
;—Li'.-
9-15
(Toronto)
9-
3
:
9-15
9-
3
ik
Eastern
9-10:
9-15
9-
2
9-
9-20
Cement class A (accum.)—___
70c
9-30
Edison
40c
O'-IS
$5
preferred
—
Consolidated
^4%
uas" Electric
Baltimore,
preferred
preferred'
•
Extra
-5Vo
&
90c
10-
$1.12'/a
(quar.)
——
Stock
i
dividend—
3/10ths!. share
United
9-15
Eddy Paper Corp)
Consolidated
Lithograph
Consolidated
Press,
ponsolidated
5%
8-30
Eddy
9-15
8-30
Edison
25c
9>-29
9-29
Textile
preferred
-Consumers
i.
.
$4.50
.
f50c
Co.
^
$3.79
preferred
..
Continental
1
Gin
12-
62%cf
9-15
8-31
Elgin
25c
9-15
8-31
Elliott
4%ft
$1.13
10-
25c
i. '
'
9-10
9-15
9-15
10-
506
10-
—
$1.12
—-
'(quar.)
$1.13V
_____
Oil
Continental
Co.
Steel
(increased)—
(Del.)
1
Corp.
Continental-United
i.—-
0-15
_
(quar.)———
____
9-15
9-
convertible
preferred
Cornell-DubllitT
Electric,
common
i»?»«$5.29 preferred scries A (quar.)j
< Cosden
Petroleum -Corp.—
-
jt ■33A',£
preferred
l
'___
2
Crown Cork & Seal
Co.
V $2
t
Crown1- Zellerbach- Corp..
Crucible
Steel
Cc.
of
•
Jiic.
'
.
9U13
10-
9-
9-30
55c
Power
&
10-
50c
Grande
.2—---——
Extra
4
9v
9-15
9-15
8-
$1
(quar,)..
t
6
ft-30
10-
10-
5
9-15
9-15
1
Florida
8-27
Florida
9-30
' ,9-10
9-30: ' ,9-10
10t
$1.75
12-23'
$1;
;
9-30
:
9-24
10c
1
9-
1'
9-
1"
9-15
■■
(quar.)
11-15
lit
40c
quar.)
-
•
9-10'
:'9t: i';:
9-15
20c-
12'Ac
8t27
preferied
(accum.)..^....
(quar.)
25c
....
(.quar.).i__^
-
3
50c
10-
9^-27
_
Chemical
6fe
Co.,
Ltd.
(quar.)-'
preferred
$4
Rockaway RR. (s-a)—
Cheihical! Co;;' c0m...1
preferred-A
f->V$3.25,2pd
1
10-15
9-277
9-27
10-
$3
$T
preferred (quar.).-"
V
....2-*,' Bl'Ac
10-15
Draper Corp.
.Dravo 'CbVp.,
(increased)
._2:—$1
$'2^. preferred '(quar.), 50d
"Dresser Industries, Inc., common (quar.)...
37Vic
10-
1
10-
"
—...C.;
4%
'
.
-f 5 %
closs
B
9-15
9-10
8-20
9-
o'Oumorit,
l'1. \4V2fy
t
^lcct^ic^ porRu^(resumedr:_^;^«ii;.
Brfldst^eet,
preferred
Inc.,- common
(quar.)
,5c
10-1
,
30o
9^-10
1
,9-15
8-20?
10-1
Duncan ElectJ*ic: .DSlfg.^^j
25c:
9-20
9-10
8-31
rpunn
Steel
Pioducts-.u.i
10c
•
....
9*10>
8-25
9-14
8-23
10-25
10-
$1.12%
10-25
10-
8
20c
9-15
.Duval -Texas Sulphur (quar.).——____ ft:'";' 25c
0 Eagle
"Flcher ; to. "(quar.)
45c
9-30
Durez
FIrfstics
&
Chemicals, Inc:
(qusr.)
8-24
Co.
9-15
9-1
•
ot
a
.
9-15
7.
9-10
8-20
10-
2
9-15
9-20
10-
5%
preferred
I
10*
Co.,
.i
"
■*
25c
10tf
.common
2nd
issue
1
9-15
10-
1
9-15
8-17
7 0-15 *v
8-17
9-10
8-20
10-1
9-10
10--I
2-10
25o
v
9-10
•>
$1.20'
9-10
(A.)
9rl5
10- 6
10-
$1.25
9-20
$1.37 '/a,
11-
1
10-20;
$1.12 Va
(quar.)
10-15
3
9-
3'
8-31
9-10
8-20
9-15
10-
1
912-
Co., common (irreg.)
(quar.)___
preference
(quar.*:
/
Gjiass
Co.
9-
l'
9-
-
1
(cash dividend)
for* each share
10-
9-10
9-15
9-
8-27
9-
9-20
9
1
8-30
9-
8-13
;
9-24
9-
50c
.
9-20
Hercules
8-3$
8-30
9-15
Hlbbard; Spencer, Bartlett .& Co,—t..
9-15
9-
9-30
9-17
25c
9-15
"
25c
I\
9-
9-15
25c
10-
25c
t35c
9-24
20c
(quar.)__
9-10
9-
9-30
10c
30o
9-10
$-30
30c
12-2$
25c
"
9-3$
■
r *
(quar.)
'
J
J6c
9-20
*30c
10- 1
9-
1
Houston
10-
1
9-
1
10-1
9-
1
37% c
9-10
9-
75c
10-1
9-21
40C
9-10
8-31
$$"1.25
$2.25
•
;
9-1
9-11
10-' 1
9-17
$2
9-
.9-15
75C
,
10-
preferred series ?A *(quar^!!--7-!^!_: ' li.'oev*.
Baking Co., $8 pfd. (quar.)
$2
'
Bulldejrs Supply, eommo"n_:_____7.".T
Finance
Corp;
preferred
.
.
C
7
9*
8-27
9-28
250
9-28
8-$
9-307
9-20
•:*
9;
.
preferred
Power
(quar.)
56ViC
10^1
(quar.)
9-1$
50c
9-10
8-20
50c
9-15
9-3
25C
"10-1-1
t$l
$1.25
.
S-2T
.
8-13
9-13
,
9-10
a8-11
•
9-1$
9-187
-
9-20
preferred
3C
101
15c
9-16
.
8
...
9- 37;-:
9-30
9-13
9-15
8-18
~
11-25'.
(increased)
7
;
11-10
9-1T
$1
.
11-10
11-25
$1"
25c
—
9-
25c
(s-a)
com.
"
1
8-18
$1.75
10-
1
25c
10-
2
9-16
$1.25
10-
1
9-10"
$1
9-16
9-10
933/4C
:
General
Outdoor
11-
v
10-
$1.25
25C-
Advertising Co.,
■',£ General 'Portland
Cement
4
10-
common..
Co._-_^_^
.'preferred'
General
Iquar.)
Refactories
Co.
7__
4
;
4.4B%
-
preferred
25C
(quar.-)
.
$1.50
I
10-
-10-
50c
-
50b
(quar.)
Georgia-Carolina Brick &
7v Extra
o»-ia
*
common
Co.
(quar.)
.___
_
w:r;;;
:
■;
Industrial Wire Cloth Products Corp.
9-13*y
*
Inspiration
8-25-
Georgia-Pacific Plywood & Lumber Co.—
Common
$2.25
(quar.):
preferied
1 ?•:
9-10
9-
500
50C
9-1$
7
9V 9-
International
2-
2
""
Cigar
*
56'Ac
10:
1 : r
10-1
9-15
9-21
9-10
8-31
9-21
9-
2VaC
9*38
8-311
J37V2C
International Business Machines (quar.)
9-15
9-10
10c
50c
Consolidated
International Bronze Powders, Ltd.—
6%
participating preferred (quar.)
9-13
1
(quar.)
Copper Co
Shares, Ltd.—
Bank^ Group Shares, class A-.*
9-40
1
9-30v
10-
25c
(quar.),
,
Institutional
9-29
!
55c
Tile
8-20
9-11
9-3$
250
.'-.i-
(quar.)
deneral Telephone ' Corp.V
11-1
25c
General Precision Equipment Corp
General Railway' Signal; common_r_^:___:^
6%
-
*
*8-12
1
9-
12-20
Illinois Brick Co.. (resumed)
25c 7 11- 1 :',;10- 1
Illinois Power Co.. 5%,,preferre*d'_._':.7-_._
82%c
; 9-17«
'Imperial Tobacco Co. of Canada, Ltd;—
Common
(interim)
HOC9-38
$-17
6%
preference* (s-a)' 3% /
9-38
$-17" •
Imperial Tobacco Co. of Great Brltaih
Ireland (Interim)*
1
13 V6% ,9-9
$-9
Indianapolis Railways,, Inck—
V 50c
-9-10 < t$- $'
Indianapolis Water
77
5% preferred A (quar.)
;
$1.25
Iff* 1
8-1$
"4 Va% preferred series B (quar.)___
*^$1.06VA"- 10- 1 7? 9-13
Industrial: Rayon Corpr (nuar.)_^._
75c "
9*10/ ;i:8*2$
Industrial Silica Corp., 6%% pfd. (accum.)
17c
8-10 8- 1
,
"
9*1$
...
$-17
3
9- f
•v''.25c',!'''•'■'"9-10r
Humphreys Mfg. Co:/ common.
30c ;! 9-30
6% preferred' (quar.).—
—$1.50 »
9-30
Huron
Erie Mortgage Corp.
(quar.).....;
,1$1.25
10- 1
Huttig' Sash & Door CO.,, commOfl'
* 50C
9-13.,
5%; preferred (quar.
$1.25
9-30
5%
preferred (quar.)
$1 25
12-30
8
T
9-20
$1.12%',
Hudson Bay Mining & Smelting. Ltd.
Humble Oil & Refining (Increased)
9-10
10-
31 V»c
(s-a)
Fireproofiiig. Co.,
1
11- I.
10 *- T
1,
9-15
•
25c
Sound'Co.: (quar.)
Howell-Electric Motors CO.
2
'9-29
3
Corp.—
convertible
&
9-
8-31
$^1.06VA
■
Light
!:
"
.l
$1
Howe
9-10
: 9^36
58c
7
,.
9-14
10-19
lO-
"
62V2C '
Extra"
7 25c
t$1.37
50c
J25c
(increased)
Houdaille-Hershey
9-18
8"
"<*
i0-29
25c
.
Ltd.___^
4V2 % preferredMquar.)
.Hotels 'Sta'tler'
9-10
12-
' 8-27
250*7:9*24!
Hooker Electrochemical, $4.25
pfd. (quar.)_
Hoover Company, commoft (quar.)"..::.....;
1
9-9
-
"'- 8-2$
,
Mining' Co. (efuar.)
Honolulu Oil dorp; (increased)
9-17
9-15
Common
9-21
79710
;
Co.
8-18*
78-31?
10* 1;
9-25 )9
$r
....
Paper,
>
;■
< 9-15
Homestake
8-20
9-30
14c
Dauche
4
*
.7,$4 preferred"; (quar.)....:
9-21
15c
'
.
-
9-30
10-1
&
4'
9-
:
Hollinger Consolidated GOid Mines, Ltd.—-"
7 Quarterly
Hollingsworth &> Whitney Co.-*-
8-30
10-21
■
Hindc
9-15
1
9-30
12'/2c
-
1
9-
7 25c
*
,.
,
1
1
; 10- 1
'9-13*
15c
1
10-
35c '
(monthly)
Common (monthly)
Hinde
Dauch Paper
9-20
■
9-16
-9-
10-
,
-v
25C|
Co
Common
1
9- 7
7
9-10 7
10-
$1.50
Powder
$1
1
3
j
,
34%c!
r
Hewltt-Robbins,
Inc.
(quar.)
Heywood-Wakefield Co:, common
9-30
9-17
•
$1.75
Hercules
9-15
75c
,
1%
9-15
9-30
9-17*
9-
9-14
.V 9-10
Hendry (C. J.); Company,. 5% % pfd: (quar.)
Cement Corp. (quar.)
;
3
1
9-15
>
?■??'
W.) Co., common...
preferred (quar.n.:.-_.:_--___^__..
Hemisphere International Co.-— "
Quarterly
■
1
3
9-22
25c
Helme: (Geo.
8-20
10-
9-151
k
•
10-15
$1
__._
Machinery.-__-.-u-_i.-_—■ 20c
International. Educational: Publishing
? $3.50
preferred
(accum.)
International
Harvester
International
Nickel
Co.
Co.,
of
com*.
"Co;—
(quar.)__
Canada,
Ltd
!
3
9-15'
9^1$
ff-20'
9-10
8-31
s
•
;
30c
10-15
t40c
9-20
'
12-31
35c
.
8-31
v8-31
i
25c
r,
Corp.
;
Helleman (G.) Brewing Co:
.Stock dividend (Va shave
8-20
.
0*14
•
25c
i,
Hein-Werner
1
8-30
-
10-
^
30c*
7
9-30
!
9-14
10-15
$1
75c
(quar,)
Corp.
Mining Co
Hecla
15c
preferred
t
9-10
7
40c
Hazeltlne
.
7
1-1-49
"non-cum.
Hazel-Atlas
"9-
9-15
17VaC
Tobacco
prior
9-20'
1
25c'.: ^
Hartman
7
9-15
10-
(quar.)
9-
1
.10-; 1
' "15c
(quar.).".
8- 4
,.9- 3
10-20
._w7$2"0c-';
....
& Co.,
Chemical
8-25
' ;
9-30
'$1.50
(quav.)^.
Co.
12 %c
(quarvH^.—i
9-15
.
r.4 9-15
$1
37V2C
(quar.)
Co.
9-
81'Ac
:
12«10
*
1
25c
5V2 % pfd. (quar.)
Karrisburg Gas Co., 4Va % preferred
9-15
15C
(quar.)
—,—:
1
■
10-
•
25c'
:
10c
■
■•'•
10-
$t,.
_
1
T V
9-
■87%'^:' ,12*20
quar.)
(irreg.).
62 %4J
(quar.)..
(quar.)_____
9-
;v.9-20
'"■•
....
Harrison Wholesale
25c
:
8-20
'
$l".12'/a
9-17
50c
common
$-20
•s
>
1
$1.06Vc'
Harshaw
50c
....
9-17
9-15
'
25c
I-.; v;; Extras
50c
!_
!
9-15
9-15
25c
.1'
8-20
20C
(quar..)
Co.
Harris
9- 1
9-10
20c
(quar;)
8-27
"
1
75C :
v
.
9-10
2-2$
10-
$1.25!
;
9-10
10"
25c
,,
,
"i
10- 1
75c
•
held):
Co.7 (s-a)
Inc.
7
7
8-31
2
10-
(quar.)
5
10- T p
$1
:
Corp.
7
99-
.
'>9-30
v.40c
$1.75
35c
(quar!)
Harnis'chfeger Corp;,
75C
(quar.)
8-
9-30
9-30
$75c
...
•
I
9-18
j4oc
(quar.)__
Company, common
Winkle-MUnning
Co
8-31
40C
__
1
8-20
..
$62VaC
$1.28
A.)
$3
!_
Vv—
convertible
8
j1 :i$4.50 preferred' (quar,).:
1
;
...
_
8-20
"
Du
Pont (E. I.) de Nemours & Co.—
Common
(interim)
'
$2
^3.5d preferred" ^quar.)67 Vic
15c
common
(quar.)..
Instrument
(M.
$4
—
;
i
(quar.)
9-17
$1
(quar.)
1
9-
9-15
~'~v
9-10
9-20
30c
(quar.)__
preferred
9-
8-25
L
'
10c'
i
common
9-30
^
Corpi (quar.y.,---.
General Mills. Inc.. 5'/l> pfd.
(quar.)
General Motors'Corp., common
(increased).
$3.75 preferred (quar.)w.
$5 plefe'rred '(quar,)
9-3
,:
(quar.)...
9-15
Y.)—
(increased
6%
8
1
I dim
10c
8-14
9-15
9-15
(quar.)___.
Co.—
Refractories
preferred (quar.)....
Harding Carpets,-, Ltd....-*—
'350
,T_
8-16
9-15
$2
$25o
(N.
8-16
v
Harbisoii'-Walker
9-24
$1
General Instrument
9- I
9-13
'
Co., common" (quar:)
preferred
Hammond
(quar.)
—
Co.
preferred -A
; 7%
9-20
^
8-14
(quar.)
preferred
Hanson-Van
62 %c
Corp.7__:"
Steel
b
General
8-27
75c '
% 93%c
f[
8-14
9-15
_:._r
Co.,
Paper
8-18
lc
Corp.- (increased)
General
1
9-
Co.
!_L
9-15
$2.50
Power
General.
10-T,
9-15,.
9-15
$1.10'
40c
,
^0-. i
1
9-15
(quar.)
(quar.)S:..
Watch
preferred
Hanna
•
* 5 %
con'ver(iibie ,preferred (quar,)'!:__._.. '
7 General Digar? CO.; cohfMoh_--i-7-_-—-.-7^'
.9-30
10I
9-15
1_
common
-
preferred'
4%%
9-10
9-3r
$2.50
Co..
'•'General-Box Co.
8-18
10-13
$1
;
Hammermtll
4
9-25
_______
10-' 1
10-15'**'
25c
common
Printing
10-1
-
preferred- (quar.)
5%, .preferred ,(quar.i_4-__.-'--_.._:..___
Gaylortl •: Container!- Cdip.:_—,
Gemmyr Mfg. Co., $3 preferred A (quar.)__
% $4.25
Genera!
9-15
y
...
9-
37 Vac
Common
10-15
9-15'
9-15
GeneralAmericant'i'ahspbrtatiofi—
9-30
11" 1
7 4%
;
;-'$4
2
Stores—
Industrie's,
Class
9-15
.
9-30"
-
8-28
$25c
'SVa^
•.
.9-17
10-15
t25c
(quar.)2,
|3%% preferred. (quar.)
ppriyer-jlafris
8-31
Extra
9-11
:
•
Dover •<&
Dow
,
.
10^15
37'Ao'
—-
,
9-10
9-30
mojivquin: preferred |'quar,)._-___.___:T',*>.444c
.? Doininlbn ^Glasi Co';, Ltd.; common (quaPr):
? $25ft r
'preferred- <quar.) l.-.wl.-y.—-$5'6c ■
'..Dominion^ Stores.) Ltd..'$37V2e
^
f
9'lt)i
9-10'
&
partic.
Gatineau iPower
8-20
1
9-15
$12VaC
(quar.)
25c
(Geo. A.) Company,
Fundamentals Investors;
v-
:
Hamilton
.V.
(Robert) Company,'common
6% preferred (quar.)..7.—
6% preferred (quar.)__._;
GarlocK; Fackihg Co. - (quar.)
9-24
1
9-30
9-30
,
$1.25
preferred
(quar.).
Company,
8-31
*:
8-23
9-15
62'/aC-:;
-
11-
9-15
J15c
Haloid
9'
$1
Gair
9-11
7
9-
(quar.)
Quarterly':
9-10
9-17
9-
Stock
convertible-•
Garrett
7!/2%*'
-
Corp;*.increased
19- 1'
$2.62ya
4
9-28
4Vi%
,
Frontier
F.)
9-15
7 Fuller
8-27
(W.
9-15
'
Foundation Co. of,Canada, Ltd.:
■
9-10
3
$5
Stores, common (quar.) __:
preferred
(quar.)
Machinery Corp.; common--..
Frontier
8-31
; 9-10'
50c
Mfg. Co. (qiiar.)
15c
Oil 'Fields,:- dommon__-.i..-i_._4; 1
25c
Dominion f Dairies; ^tdi;: torn:.
-i $12 Vic-'
Tar
Shoe
Foster-Wheeler Corp.
Pressed Steel
8-31
10-
50c
Foreign Light & Power 6% 1st pfd.
Wayne Corrugated Paper
9-^1
Corp,
9-15
Fair
Hotels
9-
9-15
Halliburton Oil Well Cementing
Fort
5'r
9-15'
9-20
-
lc
35c
$5
Utilities,
preferred
Oil
183Ac
(quar.t—
Fcstoria
50c
.....
Sugar,
States
$4.40
(Syra-
Cleaning &. Dyeing Cu._
$2.50
Ford
9-
9-151
Co.
10c
Company, common
(quar.)_.
Foote-Bur-t
9-15
50c
20c
2
Indemnity
9-
■
Stove
Follansbee
9-30
-
Engineering Works,
<2.50
Power' Corp. '(quar-.)
Telephone Corp., common
3 V*
12-23
9-
DoernBecher
Dominion
iot 1
9-15
50t'e
__
quar.)
I
Domingtteis
Donahoe'^, Inc',
-
Food
$1.75
,;;V Class
*
Food
•
8
:$1
$ 1.25,
_____^
9-3
preferred
B'
"..Disney' (Walt) "Productions—
Pixie Cup Co., common
A t••:(quar.) 1
$4
Gulf
10c
B-new'(initialVi
Florence
9-20
$l:
Works
non-cum,
9-15
-
92V2C'
? Distillers -Co., Ltd;—
yv American deposit receipt (final)
Distillers Dorp.-Seagrams, Ltd. (quar.).
Doehler-Jfirvis
7
')■'
9-
Varnish
Gulf
11-18
30c
(quar.)
1
*
Curme
Flintkote
9-1
9-13s
1
8-31
I
10-
class A (qUaf.)
9-15
Co.__'_^
Truck
Sc;ew
Bank
5%
"
RR
Diamond-Portland Cement (increased
:Diana 'StoVe-s Corp. (quar'.).:
i
.
6
9-
9-15
9^10
12-
7
7
J5c
(quar.).
com.
9-15
Corp. (s-a)
First National Stores, Inc..
'
First York
Corp./. $2 preferred (s-a)"_:._
Fitzsimmons Stores, Ltd.— '
'5% cum. partic.r class A (quar.t
9-15
10t 1
Motor
Class
First
9-10
5
.
convertible
$1
9-15
9-
______
Guantanamo
1
7 15c
7Class Ai,new (initial)
,
9-20
9-20
12-
1
9-
(quar.)
Hall
Financial, Industrial i Fund-.
9-18
9-30
25c
—-
Dewey' & Almy Chemical Co. (quar.).
De
Walt, Inc. • (quar.)'..!.
fjDiamoYid Alkali C6. (quar.)—
n
y
4
9-
15c
(quar.)
j.Detrolt Mortgage & Realty
61c
(quar.).
Finanoe^Co. of Araariea .at Baltimore.
9-18
9-30'
37'/2C
„
,
w
1
1
8-19
10-
$1
Griggs-Cooper
Co.—
~
5%
1st, preferred (quar.)
Grinneif Corp.
Gruen Watch Co. (qtiar.).-ww—
•
9-11
1
,
Ltd., class A
12 Vac
(quar.)
:
8-27
.
1
10-1-
$2
.
preferred
-
11.23
\
11-12
Stove^-
non-cum.
Co.
10-
10-
,
87'/2C
Corp
:-p:
Fiduciary .Trust Co. of .N. Y. (quaivf
Field (Marshall) see Marshall Field—
'
(increased
$1"
12-31
10c: 1-1-49
A^ (quar.)
B.)< Company
;Ferro .Enamel
-.8-27
_
9-15
$1.12J/2
—
Detroit-Michigan
SVo
Co.
3
10-
t25c
Cash''dividend-.:'--—1
Harvester
9-10
9-10
50c
-f25c
f,.Derby -Oil- Co. of Kansas, (stock-dividend)
Detroit
1
9-10
50c;
(quar.)—
Western
40c'
:_
Fcnton United.
-
9-10*
12-
$1
«
11" 9
1
10-
30c
...
Rio
1 1-25-49
3*
8-19
1
Western Sugar Co., common (quar.).
! 7% preferred (quar.)
.j..!.Griesedieck
Westerrt
Blewefy--—"
.
8-27*
9-10
$1
1
9-
10-
Saddlery Co:,. Ltd.~ ::
2nd prefomd (qua;r.)_-_-..__77-_r--
6%
-
8-27
1
9-11
10-
Great
9-
9-10
$3.50
-^preferred-*; (quar.) .i....-:..
-5%
9-15
9-15
7
3*
10-
-
9-
West
25C
(A.
Feltman
9-1*7
1
7
50c
(The)
Federal
10-
10-
.
Great
8-31
1
*
(quar.)___
Paper, Ltd., common____
preferred (quar.)
A
1
$1.50
Lakes
Class
9-15
28c
(quar.)
Quarterly
12-17
Great
9-15
9-15
9-
9-20
;
:.
25c
Federal
.11-15
75c
1
3.70%-• preferred- (quar.).J
Supply (N. Y.) t
7% preferred (quar.)_.__._.^_..!._.
,7% preferred (quar.)
*
;■;
$1.75
$2.50
9-17
9-10
1
9-30
25c
_!_
^
preferred
Products* Do.
9-16
American
Equipment—
8-20*' 77
Farrell-Birmingham Co; (irreg.)
9-13
Federal Mining & Smelting.;
Federal Mogul Corp..:
1
9-30
10c?
,
.
&
9-14
1-3-49*;
$1.75
$1.75:i
4-jo pfd.
(s-a)_,
Manufacturing
Fair
Great
'7 Quarterly
Great Lakes
9-20
10-
5c
common
(irreg.)
Rapids
8-23
9-30
10-
Co.
Grand
9-20
.
10- 1
50c
Extra
9-30
75c:
(quar.)-—
Light,
V
9-15
60c
Company
tquar.)—,^
Pittsburgh RR., 1%' guaranteed
95-30'
$1.25
^
Dentisf3
Denver
9* 2
9-15
40c
(quar.)-^_-^-:---2
Inc. Hquar.)
Fund, Inc.
(quar.)
'Delaware
10-
!
Mfg.
Grafton St Co.,, Ltd.,
1
12 VaC
Extra
Gorham
4
8-30
9-
jl2VaC
jl2VaC'
preferred
9-20
I
12 V2C
'.
50c
__—•
-(irreg.)
Co.
10-
(quar.)
Farmers it Traders Life Insurance Co.
Dejay ^Stores
^
pfd.
t Fairmont Railway-Motors (quar.)__._
^Famous Players"rCanadian
Corp.", Ltd.—
'.
Quarterly
Fanny-;Farmer- Candy Shops, Inc. (qhar.)_.
8-25
9^24
-
comr(s-a)—87V2C
(quar.)
-wJ-—■$!
-Dccrfield 'Packing; 4Vs% -preferred (quar,).
$1.12'/2-
Hudson
9-10
9-10
'preferred
t
(quar.)
common
convertible
$5
9-20
683Ac
'
9-
4% pfd.
(special)
Gordon Mackay Stores,
Class Bf (quar.)
8-20
9-20
9-30
,
62'/ao
Mfg.
it
preferred
9-17 '
;
15o
•co,i____:_.___:^:::_::_::_
Exchange Buffet Corp; (quai%)_
Fabricon Products --J-ii—L.,.---—---'
.
40c
___j
&
9-20
Rwa. Plantation
;
1
9-10
$lf
?'Daytort &' Michigan RR.
Delaware
1
9-15
90c
,
Davis 'Coal & Cokfe Co; (quar.)—.
,Davison Chemical Corp. (increased
quar.)
Delaware
9-
-25c
(quar.)———
v
1
EMropean &: North- American" Ryr Co; (S-a)*_-.
9-7
v
Extra
*;•*:
9-15
-
America—
preferred' (quar.)Frere Ltdl, class X
^David<&
), Ero
9-23
933Ac
^TJanielb
Fisher Stores..J
j
-.2,
?Dan Rivef Mills, common (Increased4,/2%
10-15
1
JVExti*-'
»
8-26
9'25
1__
(accum.)
10-
Coach
&
a%
Is
9-
9-10
40c
.
"Curtlss-Wright1 Cdrp.
Erie
9-10
tlOc
Cuban-American Sugar, common (irreg.)...
I ' Common
(irreg.)
:
I
preferred quart)
j Culver
Corp.
(s-a)
»Curtis'"Publishing Co., $4 prior pfd. (quar.)
-
Erie
•
1 V
•'
'
<
-commons
?si 5:co0vertiblc -preferred
«,CUtler-Hammer,
9i
$2.50v
t
preferred
8-21
8-21
7' Farquar
preferred. ,iquar.)_
f/ $7
25c
(quar.)..
Corp., common.:
4% -preferred
(quar.>::_____:__„:-.:-T-«
Equity Corp., 20c preferred (s-a)—_.
Inc.
7/
9-10
Evans
;
Crown. Cork International Corp.—
class A Haecum.} _i_~
9-10
1
3
9-
9-20
10c
Ltd.,
Co.-
10-"T
6$%cr\
(initial)
$5
9-20
1
10-
v'Endicott. Johnson
9-10
$ 1.31-'A-
»3».$1
f
Electric
Derrick
9-30
10-
Ltd.
(B. F.)
Company,
preferred
(quar.)__
Goodyear Tire & Rubber Co.,
3
'
4% ^convertible
9-14
9-10
20c
Crowell-Collicr Publishing Co. (quar.)
f
$1.50
9-
,;7
Mints,
Co.,
1
9-15
9-10
56 Vie
$3
\
••
Rubber
1
11T-
35c
(quar.)
Goodrich
9-20
$1.75
(Texas), com. (quar;)"^.* ! ; 4"0'tf:
(quar.)_____
$1.12 VaV
8%
1
7
$1.50
50c1
Co.,
Golden
Goodall
9-15
Go.
preferred
7%
Emsco
9>-14
9-10
62%«7
■
(quart)
_!*
Creameries of America (quar.
-_•__
Creole Petroleum Corp._____
Crompfon-A Knowles Loom Works.—,.....
j
•
oW
9-24'
■
•
30c
Mi5ft 'convertible preferred (accum.)
Crain (R2 L.) Ltd
:•
2J.122-2
Crane : Company," common (quar.)
/
1
10c
(qua*;) 2
(quar.)___——
common
V?
9-10
10c
.—.
jCopperweld Steel Co.,
_•
9--1
9-30
50c
(quar.)
.
{ i'I-Extra ''1
j
9-27
75c
.5 ft
Drug
8-28
9-
10-
$3
25c
Natural Gas,
9-14
9-11
10c
Co., com. (quar.)..
7%
preferred; (quar.)
Empire District Electric, common
iquar.)_
Emporium Capwell Co., common
;
25c
i
preferred
J
12-15
25c
Industries1
..Copelanid Refrigeration
t •
Paso
Emerson
"
9-15
1-2-49
$1
Cooper-Bessemer Cprp.—
Comfnon- (incre'ascd quar.)
$3
Emerson
(
State
7
com...—
$4.25" preferred
El
8-31
Manitou
(interim) _1—!—__!.—_.,
Co.
(quar.)..
Paso Electric
8-25'
1
TO-
El
Golden
1
preferred/-(quar.)
Telegraph (quar.)____,
Brothers, Inc., common (quar.).
preferred
(quar.) _w
■V 9-20
10-
f\
Stock
&
$2.50
Watch
Company
Gold
1
10-
-
40c
-
(qual.)
:
Goldblatt
25c
(accum.)__
(Calif.)
Corp.
Extra
8-16
$1.06'A-,'.
11-26
50c
common
Co.
8-31
(quar.)_______
pfd.
9-
Brewing
9-15
(irreg.)
common!-.
$6
9-15
9-14
,
11-30
50c
quar.).
Co..
convertible
Goebel
9-13
Mfg.
Light
Corp.
National
9-15*
1
9-10
25cv
com.
1
9-30
30c
933Ac
—
'(quar.)—
preferred
preferred
Continental
;
(quar.)___.
preferred (quar.)
5%% preferred (quar.)
9-10'
•
t
Coal
$25c
(aocum.)__^.__
Products
10-
8-25
9-15
25c
_
(increased
9-15
9-30
25c
'
9-15
'
$1.25
•
Corp.
Company,
4Va %
>-v
(quar.).
V-—
Alden
37Vic
5%
iff-1
'
,
&
,9-15
$4'
"
(quar.)—.
—____;
&
Glen
pfd.
$5
Co
Harvester
Glidden
9-15
35c
Inc.,
3
3
9-25
Co.,
(quar.)
Extra
99-
9-25
$80c
(quar.)
A
preferred
preferred
Power
Electrolux
1
common
Co
preferred
11-15
$ 1.12
Fibre
Co.
$7
9-15
<
10c
—
4% ft
t.«
prior
Electric
9-15
'
:
(quar.I
Continerital-Dianiorid
8-30
1
1
Contirfental Assurance (quar.)7
Continental Can, common (interim)-——1
Ferries,
Electrical
preferred ; (quar.)l
;
preferred (initial quar.)_
$4.52
10-
;
.
(s-a)
Power
Controller
6%
9-30
50c
9-25
20c
Works
Boat
9-10
Ltd.—
Mills,
Oil
Machine
...—_
Ltd
class
participating
Dorado
Gisholt
______
(irreg.)—^
Ltd.,
Electric
tl6'Ac
Trust,
Stores,
Electric
Mi'g. iquar.
class A (quar.)—
Ltd.,
Co.,
Brothers
4x/a <k
El
Investment
Paper
-
&
Consumers Co., $2.50 preferred" (quar.>
Consumers Gas Co, (Reading, Pa.) (reduced1)
1
3
Economic
$1.75'.~
1
Fund___
1
9-10
.
Safety Razor
1
Stock
10-
Co.,
Corp.
10-
Howard
$1,25
Products
Gillette
10-
&
1
Girdler
40c
Fund.
10-
—_—
'
21c
Payable of Rec.
$1.50
$1.50
y
Share
(quar.)___
$1.50
,
(increased
Balanced
9-15
"
,
(increased).
'
- >
.
preferred
common:.'.:—7
! 15c
rr 4 Va %
preferred
$1.12 V»
Gerrard (S.
A.)
Company, preferred (s-a).
25c
Gilbert (A. C.)
Co., $3.50 preferred..
87 Vac
8-27
$1.50
9-15
9-15
Ry.—
•
-
$6
(quar.)'__.—i.::--:.:::::.
preferred
Gerber
8-27
9-10;
$5
>
Gleaner
com.
Howard
9-15
Mfrs.;common for each share held-
■;
9-10.
quar.)
1
'■:V'k'VV'V\?\>
Merchants
\
(quar.)....——^,_T
Electric
"1
of
Co.,
.
Eaton
9-15
Consolfdated Investment Trust—
\
■
>
&
$1.29
:
Kodak
preferred
,
10c
—
(quar.)_._
com.
preferred, (quar.)—
6 c/o
,
10^, 1
15c
quar.)
—
9-15
9-15
50c,
,
(increased)
A
10-
$1
(quar.)_
Utilities (increased
Street
Eaton
1
1
1
—--—
A (quar.)
Corp., $6 pfd. B
preferred
Eastman
Power
(quav.)
common
Massachusetts
Sugar Associates
Common
(monthly)
1
11-
(quar.)_
Eastern
1
9-
$7
8
9-
Lignt
Consolidated Grocers Corp.,
&
1G-
9-15
9-15
C
Consolidated Gas
a
1
10c
Iron
1010-
Power Co.,
Holders
When
Per
Na,me of Company
Georgia
1st, preferred
6%
Eastern States
v
of
4% %
;
,
V $1.25
u
(quar.)
Engineering
Extra
Co.
Y.J", common—
———-—5c
'Consolidated
.
{
(N;
Holders
Payable of Rec.
Share
*.»;
•
_—
Eastern
v.?
8-13
Co;
Malleable
Extra
•
9-13
Consolidated
-
"
7
1
»
1,
1010-
Consolidated
-
6% preferred (accum.)$1.50
4Va% prior preferred (quar.H_._-_,
$1.12Vi
—
9-15
•"
When
Eastern Gas & Fuyl Associates—:
9-15
j;; t$1.50'-"
Congoleum-Nairn, Inc. «quar.)__;i---——37Vic
Connecticut Light & Power, common
:
75c
Connohio," Inc.; 40c preferred <quar.)_:—
10c
Per
■'.
Name of Company
...
8-25
25c
—
.
'
•'
12%c
(quar.)
Association
Life
Holders
Payable of Rao.
—50CV
--
Confederation
When
■.<
Shared
-•
Public Service
Shoe Machinery (quar.)-
■
Pcr
.
10-38
;
9-15
8-23
International Paper Co., common
(quar.)
—
(quar.),—
International
Salt. Co———
—
Jnlernational Silver Co., 7% pfd. (quar.)__
Jntersta te Department Stores (quar.)_
Interstate Hosiery Mills
(quar.)
Public
Iowa
3.75%
Service,
10-
1
(Del.)
UtllUies
Public
Jamaica
Common
Co.,
Service
5%
preference C
5%-
preference D
Water Supply, common
$1.25
;l
3%%
v:
McAleer
Jones
&
5%
Joseph
Joslyn
Increased
Katz
$1.50
-
J50C
$87,/2C
T^'
Common
4'/2%
4c
$1.50
37V2C
37V2c
Co.
leslie
Salt tCo.
Bros.,
(quar.)
Inc. (quar.) —
Insurance Co.
(Tenn.)—
Life
Corp.,
preferred
7%
Miami
9-15
8-25
10-10
.
9-30
r
1
9-10
10-1
9-10
Morgan
9- 9
9-15
50c
9-10
8-25
9-15
9* 1
7%
5 %
Lene
Co.
Gas
Star
Coal
Lorain
6%
""
6%
3712C
9-30
25c
9-30
Lorillard
7%
Los
Los
(P.)
7%
——
preferred
(quar.)__
&
Dairy
4-1-49
Lowenstein
7
10- 1
.
1
National
National
Erie
9-15
88c
.
M.),
non-cum.
non-cum.
Quarterly
Naiional
Fire
National
Gypsum
Class
7%
Lyon
Products,
Metal
Extra .7. J—
MacKinnon
5%
Structural
preferred
MacMillan
Class
A
Class
B
<H.
Inc.
1
Steel
(quar.)
'7%
1,7. 6%
,
Co.,
Ltd.—
(Hartford)
Insurance
preferred
R.)
Export Co., Ltd.—
(quar.)
(ir.creased
quar.
Extra
5%
tl2y2c
$12 tic
$10c
9-30
9-30
9-30
Linen
B
Rubber
;common
(quar.)
Power Co.,
Common
dividend)
(cash
10- 1
$$1.25
30c
(initial)
9-10
~
!
•
50c >
$1
8-27
-4 8-31
>9-1
9-15,
9- 1
9*1
10- 1-/
9-15
9-15
6%
9-15
9- 3
r'..,
9*10
9-10
9- 7
9-15
9-10
8-31
,
8-27
9-15
12-15
11- 5
3* B
9-t O
8-30
9-10
.
9-109-8
9-8
$2.10
jpreferrcd
;
(quar.).^-
Pennsylvania Water & Power,
preferred
$5
Peoples
Inc.
Telephone Corp.,
quar.)
(quar.)..
Milk
Co.,
$1.25
Pfizer
(quar.)__
3'/a%
&
participating class A
"t-w
(quar.).—.
$6 preferred (quar.)
(quar.)—
•
7 8-13
9-10
' Y '
1
v
1
25c
9-13
9-10
9- 3
7 8-20
' 50c
7' 1 87Vic
9-8
9-30
8-26
9-15
9-10
10- 1
8-17
10- 1
9-1
,
.
Corp.
Co.,
$5 preferred
9-15
35c
(accum.)
(quar.)
& Co., common
preferred (quar.)
(Chas.)
Philadelphia
\
(quar.)
Co.
'
"
9- 5
10- 1
10- 1
YY 30c
——.—
,9-2t
9- 3
9* 3
9- 7
9-10
Y 9-10
10 1
20c
25c
$1.12V2 4;
;
Trading Corp.—
Brewing
->>
(quar.)..—
(quar.)....
preferred
Phelps-Dodge
Machinery Co.___
common
—
Paul, Inc.—
Pfeiffer
(quar.)
—;
.
9-15
—20c
(quar.)
9-15
9- 8
a
<
12Vic
Perfect Circle Corp.
9-15
•
10- 1
10- 1
$1.50
10-15
$2.,> 9-15
(1.25
40c
(quar.)
coramon
9-15
10- 1
$1
(quar.).
(quar.)
Stores,
Drug
..
10-1
52c
—
com.
8-31
\
Telephone Corp.—,
Pennsylvania
8-31
i'
,
•-
;
common
,
9-15
15c
(Increased)
9-15
9- *1
8-27
r
(quar.)-
.
(quar.)
(quar.)
Co.
$1.50
$15c
...
common
new
Mills
Pet
(quar.)
National-Standard
10-15
10- 1
9-20
10- 1
-Sugar
Permutlt' Company
(quar.)
Service,
preferred
preferred
National
_.Y.
(quar.)
preferred
Peter
A
10-15
11-15
Light Heat & Power com...,.
4>/2%
Co7,
preferred
4Va%
(quar.)..
......
pfd. (quar.)
(quar.)......
plantation
Indemnity-Co. (quar.)
7
Co.
(quar.)
preferred
National
(quar.)
$25c>. 11-15
$$1.75
$1.12Va
(quar.)
Oswego Falls Corp., 4«/a%
Otis Elevator Co. 6% pfd.
Petroleum
X
Products
Steel
Tail
9-15
>8-10
8-10
9-15
9-25
9-10
»
25c
$2
preferred (quar.).—
Co., Ltd.—
8%
Corp.,
9-10
10-1
20c
50c
...
Pepsi-Cola Co.
>.
National Lead
America—
.
Common
;; (quar.)
A
of
•
37 Vic
...
Co.
Corp.
Peoples
1st preferred
9-13
a
—
$1.20
Co.
Insurance
8-151
9-15 ;Y 8-15
10- 1
9-15
9-15
9- 3
9-30
9-19
9?y2c
(quar.)
Peoples Gas Light & Coke (Increased
2nd preferred
9-15
pfd.
Service.:....:
Life
Class B
&
3.90%
.
(quar.)
3%
Class
(quar.)
12y2c
$1
National Hosiery Mills, Ltd.—
Ltd.
Sales
25c
Corp.
5%
;
*
(Walter
Mfg.
$44c
50c
—
——-
—
Welding
Electric
9-15
„
ludlow
—
common (quar. )_-7
(quar.)
(quar.)
preferred
9-30
10-
(M.) & Sons
4Vi%^ preferred A (quar,.
Lowney
5%
Line
Oliver
National Discount Corp., common (quar<)_—
1
25c
(quar.)
(quar.)
RR.
40C
J50C
(quar.)
com.
Products
$2
15c
Nashville
&
10-
$1.75
—
Extra:-
Louisville
20C
—
common
Cylinder ? Gas,
National
12 Vic
—
Exploration
National
"25c'
(interim)
Angeles Investment Co.- (quar.)
Angeles Transit Lines (ciuar.)
Louisiana-Land
—
(quar.)
1-2-49
$2.50*
Tube
Seamless
Ohio. Water
Old
Co.,
62VaC
10-1
Common (quar.)
62VaC 1- 1-49
$1 preferred (quar.)
25c ,11-15
$1 preferred (quar.)....
...
......
.
25c 2-15-48
Penney (J. C.) Company^
...
50c
10-1
Pennsylvania-Dixie Cement Corp. (quar.)
25c
- 9-15
Pennsylvania Glass Sand Corp. com. (quar.)
40c
10- 1
5% preferred fquar.) ...
$1.25
10- 1
Pennsylvania Power & Light com._.
30c
10- 1
4 V2%
preferred (quar.)
$1.12!/2
10- 1
Pennsylvania Salt Mfg. Co., common...... .;. 30o
.9-15
25c
Casualty
62y2C
—j——
9-10
9-15
9-15
15C
120
(quar.)
Ltd.
,10- 1
62 %o
9- 1,
8-27
9-30
10-1
Peninsular Telephone Co.—*
12c
Hess—
62y2C
(quar.)
(quar.)
(quar.)__
.10- 1
a
10c
$1.50
$1.50
15c
(quar.)
preferred (quar.)
Cash Register Co.
•:. Common
50c
common
35c
—
(quar.)
(Detroit)
(quar.)
National" City Lines, Inc.; ^common
$4 preferred
A (quar.)
National Container Corp. (Del.)—
(quar.)
Co.; common
preferred
Bellas
9-15
20c
$250,
Tubes, Ltd. (quar.)
...
$400 : 10-$
Eastern,Pipe line Co.—.
(quar.)"..'.;
—,
75c > 9-15
4% preferred (quar,).a
—$1;
10- 1
Pantepec Oil Co., American shares (initial).
64c
9-23
Paramount Pictures, Inc. (quar.)
5Cc
9-24
Park Chemical Co.
..'
.•
5c
.10- 1
Parmelee Transportation
(quar.).
-—,•»«».
20c
9-24
Paton Mfg. Co., Ltd., common (quar.)
$20c y 9-15
7%
preferred (quar.)
$35c
9-15
Penick & Ford, Ltd..
40c
9-14
—
Biscuit" Co.,
National
Co.,
9-11 ljr9- 4
30c
-Common
___________—
Securities
Breweries
9- 9 v ,h|-20
_—
Panhandle
National
(quar.)_
(quar.)—"t
Taylor
Wide
National
(quar.)
convertible
&
(quar.)
.
Page-Hersey
;
National
convertible preferred
convertible preferred
5%
Inc.
V
Stock dividend
;
Corp.
Namra'p,
25c
•
)
Pacific
Piston
Nachman
(quar.)
Ohio
5%
preferred A (quar.)
preferred A (quar.)
4.80%
9-10
12y2c
10- 1
9-20
Y 9-10
8-16
9-14 Y 9- 1
>>*: Y
YYyY
9334c
25c
_
>•.>
Pacifio
(quar.)
(quar.)
Telephone Co. (Hawaii)
9- 9
9-16
held>___
shares
Public Service
Paauhau
preferred
preferred
4.80%
17yaC
.
Otter
com. (quar.)
(quar.)
Ring
—
Company (quar.).---——
1
,
Corp. of A'merica
Mutual
>87y2c
Edison
Ottawa
preferred
National
5%
59 %c
9- 9
9-16
4.40%
preferred
(quar.)__
;
;
$1.10>
Ohio OU Co.
(quar.)
250
" Extra'--40c
$2
f
Muskogee
Mutual Chemical
37 Vac
Ohio
Ontario
250
.-
40c
...
of New Hampshire for
South African tax
Railway & Land Co..
Omnibus
Corp.
Nash-Kelvinator Corp.
5%
lord
4%
Muskegon
?'
dividend
(cash
shares
Manufacturing Co. (quar.)
Ogllvie Flour Mills, Ltd., common (quar.)..
3712C
(quar.)
Products
Murray
Dock—
&
Corp.'
preferred
Motor
*"
of
v
(quar.)___i_—
preferred
Motor Finance
~
30c
Insurance
common
Corp.
V
t $1.75
P.)
England Co.—
interest
22.8
t$1.75
(quar.)
Lines
.
Payment of 3s 9d or 69%c after deduction
Extra
Paper
Nation
Cement
Star
(J.
t44c
9-25
40c
O'Okiep Copper, Ltd.—
...
t20c
(quar.)
B
9-14
8- 2
49-10
1
Co._.
Gas
Greyhound Lines—
preferred (quar.)
Norwich Pharmacal Co.
(quar.).
Nutrino
Candy Co
Oahu
7175c
& Co. (quar.)
Mills, common (quar.)
4%%
preferred (quar.)
Morrison
Cafeterias Consolidated, Inc.—
9-30
12VaC
:
Morris
8-31
"f* 8-25
10-31
—
9-30
Y: 9-13
(accum.)
com
Oak
$1.62 »/2
is-ai
iquar.)_____
22V!zC
—60c
Natural
each
30c
62 y2c
A
(quar.)
common
Moore-McCormack
Special
lone
preferred
10-10
15o
(quar.)
Guaranteed (quar )
Lock Joint Pipe Co.. 8% preferred
Lo"w's
(Marcus)
Theatres, Ltd
JSpecial
Ltd.,
10-
Co.—
capital
capital
Guaranteed
Guaranteed
Odglnal
7%
pfd
$3.25
Ltd., 7% pfd. (quar.)
Locomotive Works (quar.)
9- 3
preferred
Service
Public
334 %
Ohio
preferred (quar.)
preferred A (quar.)
7%
9-30
(Mass.)
9-20
(quar.)
Northland
25c
m.izv*
$1.25
(s-a)_
Cottons,
Corp.,
4%
capital
Original
Original
Special
Moore
$1.75
(quar.)_„•_
RR.
Chemical,
Montreal
8-25
37V2C
Corp., class A
:
convertible preferred (quar.)
$1
9-17
9-15
$1.12,/2
Lipe-Rollway
Little
$1
15C
50c
Co.
Insurance
30c
(quar.)
(s-a)______
Public Service Co.
$1.15
Motor; Wheel
(quar.)
(quar.)
6% participating preferred (quar.)
7%
prior preferred (quar.)„
Lindsay Light & Chemical Co.—
Service
9-30
40c
Glass
National
Lincoln
"5%
Monsanto
10-1
$25c
——
Corp., common
(initial quar.)
Corp.
(quar.)
Lincoln
50c
$75C
.
8-31
8-31
9-24
8-23
9-15
9-11
Co.
pfd.
conv.
•
.
9-20
S-20
10-15
9-10
10- I
10- 1
liquidating)
i
________
:
■k Liquidating stock dividend (One share of
—
Equipment Co.—
preferred
(quar.)
Y-
.
Northern Liberties Gas-—-
400
(quar.)
Co.
Inc
20c
Corp.—
»
12-19
9-29
12-19
$1.50
$1.37' a
15c
25c
50c
$834c
Ltd., 7%
Northern Indiana
Beneficial
*—
—
(quar.)
20c
Insurance
Rivpr
Star Oil,
4Vi%
5C'/4c
(quar.)
30C
preferred
Lima-Hamilton
Mills,
62»/2c
(quar.)
Xiggett & Myers Tobacco Co.—
7%
preferred (quar.)
4Vb%
Montreal
10- «
1
12-23
10- 1
12-23
87%c
Refractories
American
North
10%
Auto
Monroe
10-15
8-14
8-12
7V2C,
liberty Fabrics of New York,
lily-Tulip, Cup
9-15
25c
1
&
Casualty
Quarterly
1
9-15
,
$1
(quar.)____
life
10-
7»/2c
Ltd
libby-Owens-Ford
1
tlOC
preferred (quar.)
Cady Co—
lewis
1
37V2C
$2.50
&
Life
Monarch
9-15
10-
11-
J18C
r.
Icath & Company com.
Leo
North
l»/4c
preferred
40c
:___
North
20c
}25c
:
(quar.)
_!
5
North Shore Gas
Service
Carpet
$1.75
l >
' •
11- 1
Corp.—
preferred
(accum.)
Vi %
preferred
(accum.)
Northern
Manufacturing
$1.50
Bleachery & Dye Works
*
Salle Extension University
(quar.)
Extra
60c
37'/2C
(quar.)
__a
Public
4^2%
share
prior preferred
25c
dividend)
(stock
Finance
American
80c
Hosiery Co.j; Inc.,. common_______-~
7 621/2C
5%
preferred (quar.)
—1—
Y- 125c
Molson's * Brewery,
Ltd.___;
$25c
Monarch Knitting Co., Ltd., common
—
' '•■YY
&
6%
—
Mojud
liuiett
la
(quar.)
•
Mines, Ltd.
& Clark (quar.)
Gold
Frary
preferred
preferred
Mitchell ' (J."; S.)," Ltd.
Modine
Y
,
In
amount of
of Pacific
the
in
North American Investment
50c
$1
Corp.,
B
Missouri
25c
Company—
ianders,
15c
•
15c
prior preferred
> Class
37»/2C
4%
lane-Wells
15c
5
(quar.)
Co
Regulator, commonMinnesota Mining & Mfg., common (quar.)_
$4 preferred (quar.)
Mission Appliance Corp.
iquar.)
Mississippi Power Co., $4.60 pfd. I quar j —
Missouri-Kansas Pipe Line, com
Kresge
Xamaque
(quar.)
Brewing
Minneapolis-Honeywell
20c
paid
8-13
8-11
9- 3
8-27
9-22
9-19
;
&
Gas
shares of Pacific G.
l/80th
50c'.
shares held.
80
9-15
9-10
9-30
9-10
10- 1
10- 1
held
Northern New
$1
Mohawk
preferred
(quar.)—
1% 2nd preferred (quar.)
JLabatt
(John),
Ltd
Lake Shore Mines, Ltd. (quar.)
97V2c
Minneapolis
25c
be
each
9-15
9-30
9-21
9-10 ;»;• 8-25
50c
25c
preferred
80c prior preferred
$1
1 Oc
1st
&
8-31
9-30
"
7%
Miller St Hart, Inc.
$1.12 >/2
common
preferred (quar.)
(S. S.) Company (quar.)——
Kroehler Mfg., 4V6 % preferred A (quar.)
412 % preferred A (quar.)
North
$1.75
Rubber Reclaiming Co,—
preferred (quar.)_.
Midwest
25c
35C
for
E.
Refineries, Inc.—
25c
———
Inc.,
—
—-——
convertible
$1.50
will
4334c
G.
35c
Company
Mtd-West
50c
(quar.)
Co.,
Oil
Midvale
$1.50
$2.50
(Walter) & Co.—
Kimberly-Clark Corp., common (quar.)
4 V2 %
preferred (quar.)
—
——
4% convertible 2nd preferred (quar.) —
Kingsbury Cotton Oil, common (quar.) —
Xiug-Seeley Corp., 5% conv. pfd. (quar.)„
Kingsport" Press, Inc. (quar.)—
—
Kinney Coastal Oil Co
Kinney Manufacturing Co.—
$G
non-cum.
preferred (quar.)
Kirsch Company, $1.50 preferred (quar.) —
$1.50 preferred (quar.)
$1.50 preferred (quar.)
Xlcinert (I. B.) Rubber Co. (quar.)—
Knudsen Creamery Co. (Calif.)—
Common
(quar.)
Corp., common
_______Y.I
Midland
cash
E.
10c
—
9-20
9- 2
9-10
"
dis-
the approval of the SEC.
fractional
of
Pacific
of
each
on
8-31
9-1
9-20
^
"
50c
lieu
10c
(irreg.)
common
share
One
Subject to
10c
(quar.)
Corp.,
Mickelberry's Food Products com
$2.40 conV. preferred (quar.)
25c
common
i
Y
25c
_
__
liquidating
(partial
Electric common
87 V2C
62y2c
Corp.
dividend
tribution)
60C
(quar.)
(quar.)
Co.
iquar.)
(quar.)
Car
American
8-27
9-15
9- 3
9-17
10- 1
9-15
40c
$1
$75c
75c
■
$8c
Corp., common (quar.)
preferred (quar.)
Co.
(cash dividend)
-
American
9-10
9-19
,
30c
t
.
Ry., common (quar.)
Ltd. (increased)
Mining,
Stock
A
Ltd.
Western
9-7
8-20
9- JL
50c
-
-
common
series
Mines,
&
(quar.)
Co.
convertible
$2
North
$50c
140c
30c
>
20c
(increased)
Corp.,
Corp.
preferred
North
25c
'
Extra
4%
Norfolk
Normetal
25C
(quar.)
Participating
$1.12'/2
Chemical
25c
a.-™.—;-.-
Metal & Thermit
—'
Electric
Nopco
25c
"7 7% preferred (quar.)____—
Metropolitan Edison Co.. 3.90% pfd.
Michigan Steel Tube Products
preferred (quar.)_
Copper Corp. (quar.) _________—-
JCidde
6%
Textile
Noma
Noranda
(quar.)
,1
87c
$1
25c
_1
Hundred
9-18
15c
11,
Extra
35c
60c
tquar.)_
.
$1.0614
Niles-Bement-Pond
15C
37'/2C
(Initial) —
Kc.ves Fibre Co., $6 prior pfd. (quar.)——
Keystone Pipe & Supply, 5% preferred (s-a)
Keystone Steel & Wire (quar.)
Kroger
Forming
Metal
',,
Nicholson
25c
common
9-19
10- 1
10- 1
9-15
10- 1
9-17
10- 1
9-10
10- 1
10- 1
Ltd
Weaving Co.,
File Co.
(quar.)
Nineteen
(quar.)
37'/2c
Special
Koppers
Metal
20c
$1.25
Extra
__—
pfd.
(quar.)
preferred
Wire
62V2c
Co.
Machine
Mesta
25c
$4.50
new
Inc.,
Publishing
10-1
40c
$1
50c
20c '
(reduced)
Niagara Lower Arch Bridge Co.. Ltd.
Niagara
12 '/2c
Y<:::
________
preferred
414%
60C
Co., common
(quar.)
Co.,
&
$3.50
25c
& Company
Company,
B
>
Meredith
$1.12 '/2
—
—
Kennecott
Merck
25c
Coiriipany,
Industries
'
f Class
Corp., 33,4%
Inc. com.
Electric
Publishing
Stores
$3
93%c
50c
75c
9334c
-
Corp._.
Newport
50c
(quar.).
com.
Mining
,.7-27,
9-30
9-10
Corp.—
(quar.)
Newport
37V2C
(quar.I
& Gas
8-31
8-31
,
9-20
'
;
(accum.)
A
Electric
State
preferred
8-31
9-15
9-17
9-17
10- 1
9-30
10- 1
9-10
9-13 "
22Vic
Newberry (J. J.) Company-————
25C
Inc.
preferred
York
33A%
$25c
;
preferred
Robbins
&
6%
New
$62»/2C
(quar.)
(quar.)
$2.50
■
Newmont
$1.75
preferred
Co.—
conv.
New Haven Gas Light
15c
—
(quar.)—
5%
10-15
41i%
&
Watch
<fe
13c
-—
*
•
Extra '
$1
12'/2c
(quar.)
R.) Corp.—
1
Kearney
Trecker Corp. (irreg.)— ______—
ICclscy-Hayes Wheel, class A (quar.)
Class.-: B7 (quar.)
——Y—_
Kelvinator Corp of Canada (increased quar.)
Kendall
—
(quar.)
Merchants Refrigerating Co., class A (quar.)
>♦150
-
(James
Kearney
Xerite
•
Company
(Julius)
Knyser
;
$1.06'/t
(quar.)
McWilliams Dredging
Co.7—
Mengel Company
(quar.)
60c
(ouar.)
Co., common (quar.)
preferred
(quar.):
Drug
Kawneer
.
20c
:7"1 $4 pfd.
Mercantile
(quar.)—
Co.
Vegetable Parchment Co.
Kalamazoo
$3.50
McGraw-Hill
35C
—-
Manufacturing
Joy
preferred (quar.)———
(quar.)—
——
New Jersey Power & Light, 4% pfd. (quar.)
New
Jersey Zinc Co
New York Auction Co.1 (quar.)——
New York Chicago & St. Louis RR.—
Stores Corp. com. (quar.)
conv.
preferred
(quar.)
McKesson
$1.25
-
Co.
Mfg.,
50c
common——
-.u—.
9-20
9-20
9-20 '
-—
Fund
Corp.,
10c
preferred A (quar.)
&.Feiss Co._.
Manufacturing & Supply Co.—
10- 1
10-15
40c
2nd
20c
25c
9-15
40c
9-10
112c
10-15
'SI.25
V 9-30
■YY>;V>,Y'"'
.
Ltd., common (quar.)
redeemable pref. (s-a)
Company
50C
-
Laughlin Steel Corp.,
Haven
420c;
Conveyor Co. (quar.)
Chemical Corp., common
20C
& Lnmson Machine Co.
Jones
England
New
Telephone
10- 1
10- 1
9-15
>-
(quar.)_
Telegraph
.—
New
Clock
Holders
-f
"Y
-
9-30
5c
Investors
preferred
'
Gas
$1.25
4.V4% pfd. (quar.)—_
McCrory
35c
—
1
Britain
■
-
Light (quar.)
New Brunswick Telephone Co., Ltd.
New
____^
McCord
93 %C
Corp.
(quar.)
a
Refining Co., common
(quar.)
Oil
Johnson
Maytag
60c
—
Johnson
&
Johnson
10c
35c
(quar.)
(quar.)
preferred
Mathieson
7%
9-
Mur.
9-14
10- 1
$1.12'/a
.—
Inc. (quar.)
class A (accum.)
Bros.,
9-30
25c
iquar.)
Co.
Corp. '
conv.
Mathews
$1.25
"
4'/a %
Ncisner
Nestle-Le
When
Payable of Rec.
$1
50c
25c
Y>
_
10-15
(quar.)
A
&
Master Electric
10
50c
(quar.)
common
74
—
9-15
9- 4*'
r____
(quar,)-
10-15
Realization
Massey-Harris,
(quar.)
Jefferson Lake Sulphur, common
7%
preferred (s-a)
Johns-Mnnvillc
9-10
'
tH'/aC
...
Sons
&
Massachusetts
preferred
Co.,
(M.)
Martin-Parry
(quar.)
Jamaica
preferred
Mar-Tex
(quar.)—J
(quar.)
(quar.)
(quar.)—
preference B
60c
1
Sugar
Supply Co., common
preferred (quar.)
50c
(quar.)___a^
Ltd..
preferred
(quar.)
Marshall Field
_7|__.
preference A
TeA
$1
Marsh
10- 1
20C
Ltd.—
(quar.)
9-15
10-
Y'Y'''V:,Y''kt;' Per
Share
(quar.)
Refining—
Corp.
50c
Common
9-15
37VaC1
8-25
9-10
^Telegraph & Telephone Co.,
7%
preferred
(quar.)_:___.
Market Basket Inc.
(Los Angeles) —
—
8-31
9-10
10-15
Corp.
Maritime
(quar.)_
National
25c
Co.,
Marathon' Corp.,' 5%
12-1
National
8-27
40c
(quar.)
________
Mapes Consolidated Mfg. Co.
(quar.)—
Marchant Calculating Machine Co. (quar.)__
40c
7%
Jewel
>9-1
_______
7%
$5
9-15
—
9-9
25c
Maltine
Stores
1
9-15
$1.06 Vt
Mallory
r 9-:1
Mangel
10-
'!
(increased)
Company
R.) & Co. (quar.)
4Vi%
preferred
9-23
9-15
■
9-9
i
of Company
Steel
1
25c
>; Extra '
(quar.)
Co.
C.)
(P.
Name
National
10-
<•;
10-15
30c
Machine
Jaeger
(R.
.'r
50c
—
50c
——--
(quar.)
common
(John) Shoe Corp., C% pfd.
Trust Co. of N. Y. (quar.)
Irving
Mahon
Holders
Payable of Rec.
50c
—:
9-13
Share
/'"'lY "
50c
Quarterly
Irving
\
'
.
Copper Co.__
Manufacturing
Fireman
Iron
43%C
'
(quar.)___
Special
Magma
(quar.)!———
preferred
Southern
Iowa
1
40O
(irreg.)
Fund
Selective
Investors
10-
Y
'
v
,
Company
(R. H.)
Macy
Ltd.—
7 ; :
preferred (quar.)—_——
convertible
6%
7- 9- 1
'
9-15*
75c
i
Corp.
Investment Foundation,
Inlertype
9-
9-30
$1
preferred
$4
1
9-30
$1
.
Name of Company
Payable of Rec.
When
Per
[
Holders
When
Per
Share
of Company
Name
7.
-,••'> $1
$1,50
T- $1.25
r
9-1
■
V olume 168 1 INumber <4731
<V-V
-Per
Name o/ Company
'
•
»"y
Philadelphia Electric Co./, common
(quar.)
$L, div::p^eference :COthmon: (quar.')
•
Philadelphia ^ .'Reading1-Coal-St
When
Share
■ '>>•
.
COMMERCIAL
&
FINANCIAL
Holders''
9-30
1
9-
•
Name of
...
Scranton
Company
►
'25,0*
Iron——'
<,;'6-30, A 0*1.',
'
9-15,;.-,"
Seaboard -Air
50c-: 10- 1
'
Seaboard
$2.60
Line,: 5%
Finance,
preferred———
(increased
com.
convertible
When
Share
•
Lace.
preferred
2-14
,
J$2.50 ;
12-31
10-10
8-23
"6-15
-
W';/i250 4
•12 %c:
convertible preferred
-•
•
cummoh
<
preferred
A
(quar.)
Seeger "Refrigerator ^Go. - (increased)
—
-;.75'0>-:
;•
-
preferred-. r<s-a)-I.
k
!•->-—— ■=■—
Pittsburgh Consolidation Coal Co. (quar.)
Pittsburgh Forgings Co..——Pittsburgh Fort- •Wayhe-Chicago Ry.—
Common
'10* "1"
-
$1.50
-
25C
I.
9-14
9-
2
,
>7%
$1.75
Pittsburgh Metallurgical Co.. (increased)'
-25c
Pittsburgh JPlate* Glass Co.z—I—- 25c
9-10
-6-10
,
'
9-10
10- 5
(
6-3
--,,,TP
10- 1
K
Electrifc,* Power
11-,^
Powell River
_,Ca„_—
Prentiss-'Wabers Products
v
,
;. 9-30
,
-
9-2
.20c
pfd. A (quar;)t*
v-
6GY.C
9-
10-1
i8-27
9-17
•6-15
8-25
9-15
8-25
9-15
Ektra•>
*,
,
6-15
9-7J
8-25
-—.... —
——
—
,
•*——.
'6-22
__
,
1
4%»%. Vpreferred
(quar:)
9- 2
Telephone Bond
8hepard-Nilcs Crane
Sherman v Products 1 (quar.i'L'—
Shpe Corp. .of. America, class A (quar.)—_
Sick's Breweries, 'Ltd.: (quar:) ___;
Signal Oil & Gas, class A (quar.)r___
9-17
8c
Hoist
Corp.
4H0%
'4.25 %
Texas
Texas
preferred ,,(quar.);—
Public National "Bank ■& Trust Co.
(N. T;)-*-
$1.25-
10-15
10-5
Quarterly
"60c;
10- 1
Public Service Cb.'tlf-New Hampshire (quar:)
45c
9-15
40C t :,
Gas, - com. (initial)
9-30
r $ 1.40-div. preference* commoti
9-30
.(initial),::-.-. *:S ,35c
Publication Corp., com. voting
'50c «
tquar.f—_
'9-23
I
Common non-voting (quar.)—-i.
*'
- 50c
9-23
■?.> $1.75
1 '■i'w: let
prefer red'"(quar.)
..9-15
7%;'original preferred (quar;)___i_--____
10- 1
-$1.75
Publicker Industries,- Inc,~ ,f
.v
Common t.stcck dividend)—
? 21/2%
9-30
$4.75 preferred (quan)i
$1.18%
9-15
: ')•
Pnget Sound Pulp & Timber-—-."
•:
: 5
9-20
.
.
Public Service Electric &
0-1
,
9-10
9- 3
.
.
..
quar.)
/.Skelly
Pullman,
Pure
Inc.
Oil
Quaker
(quar.)
•
Co., 5%
Oats
Quaker State
Quebec
Oil
(quar.»
$1.25
10-1
10-
$1.50
Refining Corp.-—
Mines, Ltd. (Initial 1
preferred
93%c
—
Reliance
Reliance
3Vi%
9-15
Southern
Pacific
8-20
1
9-10
9-10
10-1
8-30
25c1
10-
1
9-
3*
10-
1
9-
3*
5%
'
.
T12-
$40c
Southern
4%%
"5%
t$l
fii-12
1
9-15
>
;
9
9
Spencer
15c
11-1
>10-15
15c
11-1
10-15
25c
common
Co.,1
Ranch: Oil
common
2nd
Richardson
Rlfchfield
Oil
Paper
Riegel
Textile
Corp.
(quar.)
__
(quar.)
Corp.,
Quartei-ly
Rockwood &
common
(quar.)
(quar.)
Co.,
preferred
-
Metal
common
Extra
(quar.).
••«
t
Industries-i (increased
Standard
'
preferred
(quar.)j.
9-
1
.25c
Stock
dividend
9-10*
Oil
held).
9-1
.
shares
12- 1
io-1
-Co.
9-15
Standard
9-
brlH
/
'
quar.)
25cf;
v
9-15
's' 9-15
9- 3
♦
20c
'$1.12%
10-
9-20
1
Russell
Works, v'jlnc. /(quar.)UiL.
Fuel Supply Co. (irreg.)-l—
Loan & Finance Corp., class
B
ifose" Water WoVks.
Sanger Brothers,
Sarnla
commori (quar.)
Jnc^: 5 % % 'pfd.
Bridge Co.,vLtd.'(quar;)
•
.,.4 60c
_—
f^usir.)
>^1Y4C
—
Saudi
,
,
Schlago
Arms
Corp., (Irreg.).
Lock
Co.,. (quar.)
^chulte. Real v Estate
$6
preferred
_—-s.___
t
TOc-
]
>
9-
9-15
8-31
8-31
9-30
.
.9-25
it
9-17
25c
-*45c
.'
,
vi(accum.)
10c
Engineering
9- 7
25c
6-15
8-30
9-1
115S2
;
6-10
Camp,
Inc.,
(quar.
Mills,
class
-common
convertible preferred
(quar.)
Suburban ^Propane Gas
Corp.—
.5% preferred • (quar.)
Co. (quar.)
'4% %
,
9-1
'
t
.
10-
9-
1
Coal
62YaC
!____
50c
O
;
U.
9-10
ri
;;6i-15
8-30
9-24
.
/
Gas
11-18
9-15
9- 3
50c
9-25
9-
37Y2c
9-25
t
$1.12 Ya
•
(quar.)
:
Co.
Super Electric Products Corp.
(initial)
^C
10-
1
19-
1
6-
1
9-30
.9-
12 YaC
9-30
6-
26
9-1
8-30
62 YaC
10-1
9-18
<
-
•A-i
9-20
9- -4
6-20
9-4
01
9-15
•9? 1*
■i-; i
25c
10-2
(quar.)
;*50C
'
■
933/4C
(initial)
9-
9-14"
.
1
V.:v
'
f
.
9-10
$1.25
10-
*
.
3
08-20
10- Vy
$1
7
16- 7
«9)
>
■
9-
1
>
t
9-10
9-14
10-
4:%
*
1
-
9-7
.■
7
25c
9-10
18c
A
9-20
9-10
9-20
6-10
.••'Vi-itt
16c
'
32c
'M,
S.
9-10
9-20
9-10
20c
Circuit,
9-20
11c
(quar.)
6-20
21c
Fund
6-15
'8-31
Cos.
9-15
50c
9-10
50c
9-10
9-15
"
;40c
(quar.)
'it.
U.
1
75c
10-1 / V 9-22
6-10
8-13
•9-rlO
8-24
9-10
50c
>10-15
$1
10-15
10- t
9-10
9-10
8%
S.
■'V
-t;
9- 9
,$75c
25c
10-1
55c
8-24
'];■
,6-6'' -,':
10- 1
,
;
ViVti'.
•
9-13
1
£:J "^'Vr'
—
58YaC
10-
1
6-18
53c
(quar.)
,10-1
'50c
10- "1
6"18*
10-10;
6-20
$2.50
9-15
$££■•■
\ .<.' v- ',
$1:41%
i
$5
$44.78
6-25
$45.76
"(liquidating)
W- :•
9-10
(Bait.)
6-18
9-
9
xii: '
9-10
50C
'
(quar.)
Co.
-i'.
10-15
'"'$1
10-
9-24
1
8-10
10-1
'8-10
9-14
$1.75
(quar.)
25c
;
Guarantee,
9-7
9-7
25c
___:
common—
9-14
50c
—
9-30
;
:'9-'i
.'
'*
*
Gypsum
-
Co.,' common
' Lines
(quar.)
—-
(qiiar.)
9-15
$1.75
$4 .non-cum. class 'Ar—.
4 V'a%? preferred (s-a)
Card 'Co.
9-15
10-1
10-1
9-15
50c
6-15
8-30
22 Vac
If 3-49
12-17
'
—
(quar.)—
Co.,
io-' t
$1.50
75c
'
—
:soc
__——
10-
1
1
50c
;Pipe js Foundry Co.
Company
preferred
U. S. Rubber Co.,
•
9-
10-
70c
12-20
55C
(quar.)
(irreg.)
9-15
1st
(quar.)
Steel
Corp.,
62 %C
—
9-15
9-
1
9-18
6-10
common
8-23
$2
9-10
8-23
$1.25
9-10
8-
6i
'
—
/;
■MV«i
ot
Vt-:
v
f:'y'
'I ^
9-15
11-30*
10- 1
common
preferred
/
t"
Printing & fcithograph
5%
*
8-31
75c
Co.
l:
8-26
•
25c
_;
(quar.)
com.
'
•0-kt
'
!
(quar.)
Utilities,
r
Inc.—
$1.25
(quar.)
9-10
*
Freight
S.
U.
1
9- 3
9-15
/ 9-11
50c
Fidelity & Guaranty
U. 'S. (Playing
Extra
1
10-
15c
(quar.)
10-15
28 YaC
™
:•
3
$1
Works—
preferred (initial)
Public
6-25
9-15
iAM
.
'
Corp
4j/4%
U. :S. 1'Potash
25c
61-10
8-31^
9-10
f*
.
Piece Dye
U.
25c
i
30c
Investments,' Ltd.—
A /(quar.)
6-20
<9-30
i
5
6-8
30c
■V
.:
7% 'preferred
1
•
"
8-27
10-
25c
Co.
Extra
1
9-21
,10-1
9-15
10-
25o
Co.—
s-a)
Stock
Corp.
U. 'S'. Leather JDo.,
50c
25C
'
_•
preferred B
Mining
U.
U. Z&.
9-10
W-
r
9-15
t
Co.—
Extra
:
9-21
6-10
:
10-15
$1.50
Finishing Co., $4 pfd.-(quar.)
U. :'S.
9-21
10c
$1,25
8-31
9-10
(quar.)
7% /preferred
1
10c
;_41_i_^
Strawbridge
Clothier, $5 pfd. (quair.)
Stromberg-Carison Co.-—
6-10
$4
t't t
.•
9-15
v-_i
class
S.
U. S.
10-1
25c
fClass 'B
Oii
io-
"25c
A
M
.
I"
9-15
V
20C
$2.75 preferred (liquidating)
$3 rpreferred
(liquidating)
•8-31
1
\ '
:*
•
9-15
1
1
133/4C
- (quar*)
Fastener., (quar.)
Fruit
United
9-17
25c
-5% ipreferred
1
10-
25c
Carbon -Co.
New
'
9-15
Stix;;Baer & Fuller Co.
Stokely-Van
10-
(quar.)
Fund
preferred
United
U.
.'
10-1
(quar.)
prior preferred (monthly)
6% >prior preferred
(monthly)
United New Jersey RR. & Canal Co.
9-10
Sunshine
8-31
:,i
9-15
10-9
(quar.)
10-1
California—
(initial
%
,T9ft3. •; 6->7
$15c
(irreg.)___
Illuminating Co,
United Light & Railways Co.
(Del.)
7% prior preferred (monthly)
9-15
"9-30
9-15
10-
6.36%
12-19
1 *
H0
'
10-18
9-30
12-31
10-
20c
Sunray oil: Corp., common (increased
quar,)
^4^4% preferred A (quar.)™'
9-14
12--1
'
25c
Sun
-
io- i
4M3>
8-31
Co
'
"17c
.9-15
.9-15
8-4
9-15
1
use
United
;
1
$15c
;
C
6%
1
Sunbeam - Corp." (<iuar;) :ii//____;
;■
Jcovlli MfgT Co.;;'.
commoii—____l50c
•$3.85 ' preferred,.' (quar.)
91 %C.i
Scot^ Papefr' Cri.^ common
^tqiiari) —
.- - 55o
1$3;40v!preferred'^(quarJ;_^_i/___:/_^^_iVV;;;:':...
v9- 7
9-15
Co.., inc.—
9-
6-
-10-1
56c
.4%
'
J—
9-15
1 9-15
5C
$1.25
$i
__
(quar.)
Carbon.
Extra
i
3 7 Vac
$1.25
Products
9-
9-8
10-
'
25c
&
of
Preferred
United
'8-20
9-15
1
9-16
10-1
15c
(irreg.)
Bond "Fund
United Fuel
9-6
9-10
20c
(quar.)
Stonecutter
9-10
.9-15
-
$106
/ATabian-.'Mirijrigv' Syridicatei_________
Savage
9-15
-
.
19-15
20c
9-10
9-
9-30
5%
__
B
United
60c
common.-
(interim)
(quar.)
Corp.
Electric
Acid
Stewart-Warrie^Corpf>'i(qoarc)ii£i/.-i____-
?-3
,'
;10.r 1
,
'T206-
___________
•Extra/
ilO-1
,
8-31
(quar.)
Ltd
.
'$1:10
-
9-15
--.Stern & Stern Textiles—
,r;
•41/a% preferred (quar.)___
.
(quar,)
8-31
preferred
Steel
Corp.
Bond
Extra
8-18
75c
Street
Elastic
•964
6-10
5%
preferred
Stedman Bros.,
.
,
6-15
10-15
25c
(quar.)__
250
1
,50c
Chemicals, /Inc
Corp. (Del.), $3 pfd.
8-31
9 3 3.4 c
9-3
9-20
31Y4C
United
6-31
9-15
9-10
10-
t,
United
11-10
-6-15
20c
Inc.
Co.__
Stecher-rTrdung, Lithograph,
:v>;5%
—
Eapexv ^4:40 % ^preferre'd
12-10
:
(quar.)
(quar.)
United
8-4
37YaC
<J%,'; preferred aquar.)/---———
8-25
(quar.)-_.
Salle
Fund
United
A______
9-15
i*
Bond
5%
35c
&
Clutch
La
.-preferred
United
~50c
Phosphate
prior
United-Carr
each
(quar.)_
9-10
:6-10
Union Common Stock
Fund
8-4
9-10
9-20
9-30
50c
(initial)
common
Union Wire Rope Corp.
United Artists' Theatre
shares
for
•
$1.12 Ya
:
Union
fractional
;
Wholesale
Stearns :Mfg.
..
,
Regis
80c
(quar.)
Coi^Ky.) (quar.)z/'
Oil
Steak-n-Shake,
Industries, -Ltd.," common—
tl7Vic M 9-30
9-10
-7%. .preferred (quar.)____
$$1.75
9-30
9-10
Russell
Mfg. Co.,.-—
37Vic ... 9-15
8-31
Saguenay Power, Ltd., 4V*% pfd. (quar.)__
|$1.07
10- 1
9-8
St. Joseph Lead Co..
8-20
75c.... 9-10
St. Lkwrence Paper Mills, Ltd.—
" *
'
i$6
1st
preferred ' (initial)
$$1.50r
10-30
410- 8
$2;40 2nd preferred (Initial)—.^—- *$60c
>10-30
10- 8
St. Louis Public* Service Co., class A
l^VaC 1
9-15
9-1
St. Louis San .Francisco Ry.—
'•
•,
* >,
•'•
4% preferred-A (quar.)__
$1.25
'6J15
.$% .-preferred- <A (quar;);
;,»i;2$" -512-15
11-29
St.
100
for
of
9- 1
10-ut
,
9-30
(quar.)
Union
Standard
State
Class
'i
9-10
9-20
10-
$1.25
_______
1
10-1
:50c
/
8-25
9-15
,
(Jacob)
Co., 4Vi% pfd. (quar;)___
iFJ C.) /Company, common (quar.)
preferred
(quar.)
each
paid
rate
9-15
Funds, Inc.—
8-13
State
9- 3
30c
-
for
will'be
the
at
of
dividend
Standard
9-/2
9-20
J.)
Cash
share
Standard"OiKGo. (Ohio), common
3%% preferred A (quar.)
Standard Steel Spring Co.
(quar.)
Standard Stokef-Co.
(increased)
2
(9-U
(N.
(One
Corp.,
Asbestos & Rubber
Union
9-27
.9-10
18-15
59-1
9-15
V*
1.12%
Forging Corp
(Conn.)
(quar.)___
Co..
Union
9-10
9-15
Extra
0-T
9-11
40c.
9-30
9-20
(quar.)
30c
Cash
;
9-15
1
8-16
9-27
3-15
1.06
(quar.)
Union .Sugar Co.
Union Trusteed
9-20
9-30
$1
(quar.)
fractional- share.;
*:
9-15
10-
6-15
12-15
50c 4 -25-49
preferred (quar.)
preferred (quar.)
.Union Carbide
Union Oil Co.
4%
1
10-1
50C
8-23
9-10
12-10
/ 50c
9-
1-49
-
Ltd.—
$3.75 preferred A
(quar.)
Union Pacific RR., new
common
8-27,
9-10
dividend)—
9-10*
30c
—1
6
9-15
9-4
9-15'
;
9-
9-20
25c
9-20
9-10
9-20
18%c
-9-15
I
.
10c
(quar.)
Standard
Standard Oil Co. of California
(Del.)
Standard Oil Co.
(Ind.)
(cash
25c
.
$1
1
.10* 1
1
50c
3
■>
10-
,
9-15
1
k$l
com.
Extra
10-15
10-15
40c
(quar.)
9-
Co.
8-26
1
87YaC
Co.
common
8-
Milling
9-13
11-
11- 1
$1
(quar.)
9-15
J$1.06%
Ruppcrt
Sari
Corp.,
pfd.
Co.
•i'k
1
4 -'1-49
$7Ya'C
common
Quarterly* (Increased) .•
Union 'Bag &
Paper Corp.
9-15
$1
9-10
JLOv-1
--
Corporation
,5%
Standard-Coosa-Thatcher
9-
;
pxtra>;
Rpsscll
8-27
8-18
9-10
$1.25.
$1.25
$1.25
•
Ross
Rowe
9-14
....
•—
Inc.
9-JR
9-15
50c
?
-
(quar.)
Bros.,
1
29Hc- ...10- 3
__
Ltd.—
(quar.)____
Roos
10-
Factors
1
94c
$3.75 preferred
(quar.)
Standard Brands, Inc., $3.50
Common (quar.)
75c
10-
25c
Stahl-Meyer, Inc., prior preferred
Stgley (A. E.) Mfg,:Co., common (quar.)
9-15
Union
9-
60c
$1.75
A
*
9-15
■
6-15
10- 1
25c
Fixture Corp., .common
5%%-preferred (quar.)
'
''
50c
(quar.)
•(
1
>9-2
■
$1
$25c
common
Steel
(quar.)
Underwood
$3c
(quar.)__—
.
Disc
South
Co.—
'
50c
1
9-
1
>500
ordinary
Tyler
•
$1
1
1
1
$1.12 Vi
(quar.)
10-
20c
__i:
.
Works
common
A
10c
.
....
Company
"•
8-27
,9-15'
6%
$1.75
';
.9-
9-15
10-
7.
8-28
9-15
2YaC
convertible
$4.50
208
50c
(quar.)
Williams
preferred
Twin
10c
___
—-
Paper
Art
8-25
& Sons,
series
J
■■
,8-26
9-10
.
31Y4C
..
$1.50
$1
preferred
(quar.)
preferred -A*(quar.)
5%' prior preferred (quar.);
4V4%
9-15
50c
5%
Holland
preferred
30c
6%
Ronson
(E. R.)
preferred
$4
50c
•_
Controls,
Corp.
Squibb
lc
ww-/
(quar.)
preferred
$1.50
3 7 Vic
:8-26
.9-15
30c
•7YaC
Twentieth Century-Fox Film
Corp.—
Common
(quar.)
20c
50c
;
(quar.)
Robertson
Ages
9-10
9-10
$1.75
$1.75
cohvertible preferred
(H. H.)
Co
4%%
2
.
(quar.)
(quar.)
(quar.)
pfd. (quar.)
preferred
47Y2c
10-1
'
$4' preferred, A (quar.)
Stoker Corp.
(quar.)
River Raisin Paper Co.i-.___.
Rock' of
10-
I
I
■
./'Mf'trv
J50c
Products
Increased
.
10c
Quarterly
)
40c
/
Riley
Robertshaw-Fulton
9-10
$4
Company
Corp. ,(quar.)
Riegel
2
h
40c
(quar.)
Spring Sturgeon Gold Mines, Ltd.Springfield Fire & Marine Insurance
9-10
10-
Co.
Electric (Co.;
90c
Co._
preferred
2
$1.50
Rice-Stix'Dry Goods—
1%
1st
preferred (quar.)
1%
9-10
10-
25c
6% preferred A (quar;)
Reynolds <R. J.) Tobacco Co.—
3.6% preferred
(quar.)___
Rice
9-20
25c
_____
Insurance
Kellogg & Sons
Inc., $4.50 conv.
Spiegel,
Sprague
20c
12c
9-
(quar.)
(quar.)
Mfg.
Life
9-
quar.)
50c
(quar,)—Iv
___________
-
$1.25
y..(,
.'•
8-25
.9-15
75e
Trinity Universal Insurance (Dallas)
Quarterly
Truax-Traer Coal Co. .(quar.)
Tucson Gas Electric Light & Power
[
[
■
;
Southwestern
B
Rheem
Engineering
convertible
$6
»
$1.06 Va
(quar.)
Sovereign Investors
Spalding (A, G.) & Bros., Inc.
Sparks
Withington Co.—
preferred
Corp.,
Southwestern
6%
$1.25
!
Service
8
6%
Steel
(quar.)
(initial quar.)
Electrlo
Co.,
class
Insurance
Tri-Continental
17 Vic
•
8
t50c
Treesweet
$1
8-31
A
9-10
9-
Corp., Ltd.—
preferred
Travelers
i
2
10-1
/___
&
•
9-20
.9-
> 1' 10->1
50c
B
4Vi%
9-13
9-22
..75c
|
(quar.)_j,
A
Transue
"
preferred
receipts
Finance
Class
9-30
til
9-10
(quar.)
Trust
participating
Traders
9-30
(quar.)_
9-
preferred
•Extra
(quar.)__
Co
10-1
25c
deposit
Class
Gas, common (quar.)
preferred
Securities
$1.25
preferred
Royalty
Union
-
1
75c
1
10-
$ 1.12 Ya
10-
quar.)
(increased quar.)
Co.
*0-1
87Vic
6%
Republic
non-cum.
Southland
Southwestern
(quar.)
9-23
(s-a)
A
Shipyards-Corp.,. new
Iroh Works,
Ltd.,
60c
8-20
1
0-10
6-10
common
Toronto
9-28
Railway Co.
Commonj(quar,> '
10-1
$1,18%
10-1
Southern
10-
__
(quar.)_
common
10-
1
_____
/
preferred
Todd
.8 31
9-15
1
(Increased)
-
Tobin-Packing Co., Inc.,
1
35c
10-
—
7%
(quar.)—^.
Gas (increased
Natural
1
v
—
Extra
Amer.
'6-30
10-
,8-12
9/10,
10-
*
Tobacco
9-30
1
•$!
$1.06 Y+
.
Gas—
Sugar,
preferred
:
10-
1,1
9-20
35c
Co.__—
9-10
(quar.)
9-15
*10-
$1.25
Remington
Rand, Inc.,
common
$4.50 preferred
(quar.)
Republic Investors Fund—
Petroleum
preferred
4.32%
$1.75
Grain CO., Ltd., 4% pfd.
(quar.)_
Mfg. Co. (III.) J
convertible preferred (quar.)
Republic
Rico
Southern
-
pfd.
Porto
8%
9-23
:15c
&
!quar.)_
convertible
preferred
Southern
Mills, Ltd.—
$1.60 non-cum.
Electric
& Atlantic
Telegraph Co.
Southern California Edison Co.—
5 )'o
; partic. original preferred
.
9-23
10-14
12Vic
__
4%%: preferred A (quar.)
Brothers, Inc
■■■■
South
J
8-27
10-14
Inc.
preferred
51/2%
.
9-17
50c
Reeves
Extra
1
8-17
1
Carolina
5%
25c
(quar.)
Stores, Inc.
Regent Knitting
10-
South
3
9-
50c
preferred
Owl
9•
9-13
'50c
4%
2nd
preferred (quar.)
Reading Tube Corp.—
50c participating class A
(quar.)
Real Silk
Hosiery Mills, common (quar.)__
9% prior preferred A (quar.)
Red
1
9-10
37 Vic
'
>9-78
9-15
;"35c
__i
(quar.)__
Rayonier, Inc., $2 preferred (quar.) _'
Reading Company, 4% 2nd pfd. (quar.)
9-15
9- «
10-
25c
———
1
9-15
Oil,
(quar.)
Sonotone Corp., common
(quar;)—.
$1.25 convertible preferred A
(quar.)
8-27
1
10-
4-
Socony-Vactium
8
$1.02 Ya
Tip, Trip Tailors, Ltd.—
Tishman RCalty & Construction
•
10-20
MO-
30c
common!
,
Time,
10-30
-
6-24
$1.75
(quar.)—
line.; (interim) ^
; Timken Detroit Axle
50c
...
6-15
6-31
_—
'4 Vi' %
preferred
Tilo Roofing Co.
"600
1
9-10
25c
•4%. .preferred "(quar,)
"Stoves, Ltd. (quar.)__
Thrifty. Drug Stores, >4V'4 %
pfd.
iquar>)_
(Howard) Paper Mills, Ltd.—
Common (increased quar.)___
4%. preferred (quar.)
1
10-
V37Y2C
Raybcstos-Manhattan, Inc.
7%
:t2c
(15c
(quar.)__
11-
9-15
40c
'
(quar.)_
Electrotype Cor (quar.)
Packing Co
Rath
.11-30
,
(increased
■/Extra,
9-U
9
(quar.)____
Thrift
-
Smith
9-10
$1.75
Radio-Keith-Orpheum
Raflston Purina
Co., common
Rapid
Common
$-18
(irreg.i
A
(quar.)_:
(quar.)
Thompson Products, Inc.,
;
Co.
(stock dividend) _:___
(increased quar.) ^___Eloss-Sheffield- Steel & : Iron Co.'i_
__i
Smith (Alex.) & Sons
Carpet-
9-10
9-10
..
common
(quar.)
Manitou
3%%
9-30
.50C
Oil
SkUsaw, Inc.
9-10
preferred
Co.,
preferred
C%
,
I 8-31
9-30
25c
-
,
yjVi-'tff,
V,
>9-:i
$5c
.
"
50c
j
_—
'
.10-
,9^15
;
9-10
y:i
~
Co.
■
\'^v
Shovel -Co., 7 %
(preferred (quar.)
ThomaSton Cotton Mills,
common—
:
Common
- "Common
Common ■'
-
____
Simpsons, Ltd., 4Vi % preferred (quar.)____
Singer Manufacturing Co. (quar.)
,
8-31
____
coramohy'Unitial
(irreg:)
(quar:)
Co.
9-15
(interim)~I_I
Textron, Inc.,
$1.25-co^6^1qu^)-~-Thcrmoid Company (stock
dividend).
9-17
.
New
Simplicity Pattern
M0-rl
/:/'/
9-15
20c
Thew.
Simonds Saw it Steel
1
25c
Corp.
Texas
'•
6-15
10-
2Yc
__
Sulphur
>£■/*
-.6-17
.250
Co.,
f
'
-
.9-15
9-30
1
I
Co.—- •'/.>/:
Texas Public Service Co. (Del.)
Southeastern Gas /(quar.)
,
Company
1
,
•-
9-10
.
■
Simmons
9-1
.
~
Signal Royalties/ class A (quar.)
'
Glass B iquar.)
■H Silknit,/ Ltd;V if:ct'mmcn-i_/-__---_
/
5% preferred (quar.)
8-20
i
i
56 %c
preferred
.Extra
Prosperity ;>Co^. .5%
Share
Gas Transmission
preferred "(quar.)
Gulf
l
10-
9-30
Co
&
Company
9-20
11-
(quar.)_—_
Texas Gulf Producing Co: '(increased)
,,
Extra
1
9-
6-20
,
$1.25
15c
(quar.)
Ltd.
.
Tennessee
/4
.10-
;$i
1st preferred (accum.)
Telluride Power, '7%
preferred
Tennessee Brewing Co.
(quar.)
—
1
(quar. )—
-
Mines,
7%
Tennessee
uo-
25c
Gold
Tecumseh Products
/
1
[-v'- $1;
•$l%c
■'
Teck-Hughcs
—
8r26
9-20
1
.Common
-10-
35c
j ;/Taylor-Wharton Iron & /Steel—
Technicolor, Inc., common
■
8-27
40c
4%% preferred (quar.)
Taylor
Fenn Co.-—
4,32%
convertible
preferred
Taylor Tlnstrumcht Cos. (quar.)
9-15
10-1
;
^
9-1
10- 1
10-
10-1
—
; (quar;)'-'
8-27
9-15
v-'l'.
-
6-J-5
-9-15
25c
common
inc,,;common
'
.10-1
50c
com.
Class (A (quar;)__,
,
6 %.
preferred >,(quarv)
Talcott (James),
-
.
9-7
,9.-15
ili'' >»10c'),
't40c 1*6-15/
——
3*
9-22
9-15
(quar.)
Pressed Steel Car"Co:,
'4Y*%
9-10
,
9-
9.-30'-'
(quar.)l^i.^_—22YaC\
-
v.Ektra-
Tacony-Palmyra Bridge Co.,
6-10
CompanyKreduced tjuar.)
f.Shawinigan Water & Power- Co. .!
£
4% preferred series A (quar.)__
; Sheller. >
Manufacturing Corp:____
) Shellmar Products Corp.;- com.
(increased)-
9-15
9-27
Pawdfellijb'AlexanderTfquar.)
9-10
9-29
,
Shattuck (F. .G.)
1
1
6-15
v/;.: ^plass.: At':(quar;
■
10-
9-1
10-1
Se(berling, Rubber rco.—:
,v,
B%clftst,/A;;ipreferred ,(quar.)
;
'>•' -50c
Ploughv Inc. (quar.)15c
Plymouth Oil Co.—
50c
Poftlahuwoolen Mills, 0% preferred (quar.):
$1.50
'
,r;.
Holders
Payable of .Rec.
■
25c
(quar.i
&
Company (quar.)____
Sylvanla Electric
Products, Inc.,
64 (preferred
Sylvanite Gold Mines, Ltd.-
.
25C
—
Selected American Shares, Inc.' (quar.)
;.6errick Corp./ class B (quar.)i
,
9-10
•
8-10
'250
-
Inc.'.'(quar.)—
4.%% .prJor-jpi^ferred
Selby, Shoe Co.___
.
.
10*1
-\s
fatiar.)
•
Go,
When
Share
r
,
...
Swift
■<
9-11
'$1.75
U
Seeman Brothers;
9-15
10-. 1
50C-
_
Potomac
10-
—
RR.—
s-a)'
6%-'
(quar.):
preferred (quart)
9-10
100
(quar.)
Pittsburgh Bessemer & Lake Erie
-
6-10
Corp.
Paper
c
;
Extra
v, v
9-1
/
Nameof Company \
Sutherland
9-23
10-10
«40c
4V«%
\
(Superior •iStecl
12-10
45c
i'
Per
"
8-26,
.
65c
quar.)__
(quar.)
(987) *>51
Holders
Payable of Rec.
■:
JOC..
.
--
CHRONICLE
Per
Payable of Rec:
30c
_
THE
!
8
r-'-V:'/!*5,
•
■
When
Per
of Company
Itante
Tobacco Co.,
S.
V.
7%
common
preferred
non-cum.
'
v
.
___—-
(quav.)____
cf N. Y. (quar.)__
United Steel Corp., 6% class A pfd. (quar.)
United Steel
Corp., Ltd
_
Wamsutta Mills (stock dividend) (One share
for each 50 shares held)___
—
Trust Co.
S.
TJ.
Steel
25c
Winding
Universal
(increased)
Inc.
Products,
Universal
Co.,
common
Extra
.Utah
Co
Co.,- common—.
preferred
prior
a%
j
Light
Knitting
(quar.)
prior preferred (quar.)
Kamp's Holland Dutch Bakers, Inc.
5%
$1.50
10c
25c
9-20
Corp., common
a %
preferred (quar.)—
5% preferred
(quar.)
Veeder-Root, Inc. "(quar.)
"Viceroy
Mfg. Co., Ltd
"Vicksburg Shreveport & Pacific Ry.—
(s-a).?
Common
9-10
9-10
12-10
9-15
9-15
preferred
$1.50
30c
$1.25
62V2c
37V2c
37V2c
37y2c
37V2c
50c
_
„
Common
.1%
(quar.)_
(quar.)
Co.
Cotton
Waldorf
#4%
v:■
West End
$1.37Va
10- 1
10- 4
9-3
35c
10-15
(s-a)
Ohio
West
Virginia
(quar.)
Co.
Gas
9-15
9-30
9-29
9-10
9-20
Coal; & Coke Co...
Virginia Pulp & Paper Co.—
.
Special
Westeel Products, Ltd. (extra)
Western
Condensing Co._
5%
Tablet
Western
(quar.)
(quar.)
Stationery
&
Corp.,
com.—
(quar.)_
preferred;:);(quar.) _____
Air Brake (quar.)
Westinghouse Electric Corp.
3%% preferred A (quar.)__
3.60%
preferred B (quar.)
preferred
6%
.v>5%"
.
Westinghouse
Westmoreland
Coal
"Westmoreland,
& Lake Erie
'Iff.' Extra iU—;
$5
Corp.
Ry.,
White Motor Co.
-----
(increased)
._
common
(initial)
.
Corp.
Corp.
preferred
6%
Wisconsin
Wolf
10-15
9-10
9-10
Wood
10- 1
10-1
9-15
9-10
10- 1
Woods
Mfg.
Woodward
Woodward &
1
Co.
Combing
50c
of
Wright-Hargreaves Mines,
10-11
9-20
9-15
9-15
J4c
10- 1
10- 1
11- 1
12- 1
Wright
Aeronautical
Wysong
& Niles Co.,
$5
10c
11-30
9-15
10c
12-15
10c 3-15-49
10c 6-15-49
Common
Corp.,
Yo'ing
'
1
(L. A.)
preferred
(quar.)w-i--—
Spring & Wire Corp, (quar.)
10- 1/
Coal
Co.,,
Steel Door Corp.___
&
Coke Co
—.
.
9-15
25c
9-15-
-g 25c
YoungstowD
.Zeigler
66%c
-
Extra
Voungstown Sheet & Tube
Net
•Transfer
books
$1
) 25c
15c
9-15
9-15
9- 9
U. S. Funds. Jess 15% Canadian
In Canadian funds, tax deductible
resident tax 15%; resident tax 7%.
• Less
British Income tax.
"
"
)
tPayable
il«»» 30% Jamaica Income
tax.
and
rentals
and
editorial
selling,
51,977,200
profit
$6,414,300
-..Vl.—
531,500
525,^00
"
'
C—
,
s
$6,945,800
213,900
$6,978,000
2,522,600
taxes
2,759,600
304,765
$1,137,313
$1,206,937
$2,105,042
1.077,687
2,216,381
2,035,424
$2,094,940
U.G.I.
co.-l
$2,284,624
$4,321,423
$4,364,424
479,863
516,564
977,297
1,035,510-
$1,615,072
$1,768,060
$3,344,126
$3,328,905*
$1.03
$1.13
$2.14
$2.13-
"
Co.——
y
957,622
income—
Other
Total
income
stock
1,566.373
of cap. stk
share
—V.
168,
on
358,535
$2,329,000-
Trust Co., New York, N.
appointed registrar, and th<? Guaranty Trust Co. of
transfev agent for the no par value common stock.—V.
Ended June 30—
goods sold—
of
Other
According
charges
"56,500
Total
other
528,850
13,715
"206.G75
July
"340,979
"401,363
will
purchase a factory in
has
Connecticut, purchase
..
-
.
been
and
dealers
volume.
ratified
the
by
is contained in a
distributors of his auto¬
option agreement, the
board of directors and the
information
this
to
in
sent
unprodueed
has
the
within
and
.the process of final
The
encountered
completion.'!
v.
-
obstacles in
many
of radical design, including a rear
SEC
operations at his Chicago plant while he
working data for an investiga¬
' .
'
;
,
•
his books and
..
/
304,101
assets.:
292,890-
.
181,121
196,625
I
$22,684,781 $23,450,004
Total
payable, banks
payable ar.d accrued accounts—
estimated payable within one year
Federal income and N. Y. State franchise taxes
$4,200,000
1,357,634
$8,500,000'
1,744,191
Income taxes
615,215
1,080,639
741,563:
1,119,389'
payable to insurance company___:________
Purchase
money
mortgages.—
4,000,000
Accounts
Note
30
days
after
delivery of automobiles to his 78
he said, the 1,774 dealers
which,
"as rapidly as possible."
?The management -of the corporation will remain the same under
pending financing as the writer (Tucker) is signing a ten-year
contract
with the-principals a"* President of the Tucker Corp., or
the
stock
($5
par)
6,95)
200,000
2,900,000
1,299,932
200,000"
2,940,000
1,299,932
2,186,103
:
:
2,174,646*-
4,759,894
surplus
surplus
Capital
99,550'
33,333"
6,959
——_
Appropriated surplus—reserve for inventories—
4%% cumul. prcierred stock ($100 par)..
^
Common
;
88,400
"
Account, payable
Deferred credits
4,590,441
Total
—V.
board."—V.
,
'
.y
,y.
United States Radiator
Corp.—Pays Stock
Dividend-4-:
certificates, representing a previously authorized
distribution consisting of one additional share for each
as
of
record Aug. 10, were mailed to stockholders on
stock
Common
100%
stock
share
held
It was announced by Bruce B. Bender, Treasurer. >
increases the company's common stock issued and
Sept. l,
This
$22,694,78.1 $23,450,004
-
168, p. 490.
distribution
outstanding to 461,718 shares.*
stock was quoted ex distribution on the New York
beginning Sept. 3, 1943. Due bills redeemable Sept. &
all certificates for the common stock delivered after
Aug. 1G in settlement of transactions made prior to Sept. 3, according
to the-Exchange —V. 168, p.; 652.
*
'
The
commin
C'urb Exchange
accompany
.
Tucker promised
reporting the option agreement said he plans to give his
distributors, weekly letters on progress and added:
of
oubjidiarfes—_——
(less reserves)
Prepaid and deferred charges..--—
Patents, goodwill, etc,
must
the
-Chairman
—-
Investments in European
Notes
despatches,
the
15 Mr.
letter
'
from Chicago Aug. 27
begin receiving them
His
Inventories
Earned
to
distributors
(less reserve)
receivable.—
"310,576
Option Accord With Financial Group
requested by the SEC.
On
'
'47
$1,251,135*
7,309,111
3,295,743^
7,237,826
\
1
. •
I!
3,634,278
3,832,168.
$1,555,435
7,065,068
3,000,275
6,938,998
accounts
25,185
552.
he suspended
1
over
SHEET
June 30, '48 Dec. 31,
property
.
is-now In
July
BALANCE
-
Plant
fcpent on accessories.
On
$231,492
62,039 y k 63,750''
—Jt_——_
a
CONSOLIDATED
$15
obtaining financing
engine and body
safety features
One of his recent plans to obtain working capital
was
uhe sale of accessories in advance of delivery of cars.
The order
of delivery being dependent upon how much the prospective car buyer
tion
226,364
419,355-
$632,689-*
dividends
346,421
p.
automobile
turned
$1,278,408
142,005
income
Net
"44,731
etc.
"has
Tucker
(estimated)
income taxes
LIABILITIES—
1SS',
to
said.
—
$597,904
224,407
——
______
foreign
and
Federal
"48,361
"75,817
income
yet
as
his
104,820
$1,565,986
287,578:
370,093,
physical property.
income
flGross
300,689
Tucker
that
Mr.
$1,461,166
$773,220
194,777
.$967,997
and amort, of
Other accounts
stated that Preston Tucker,
President, is advising his backers that the company "has signed an
option agreement with a very substantial financial group."
for
1947
—
income
Gross
2,500.491
railway
despatches
program
—
operations
income
credits
$134,980
——
Tucker Corp.
-
Subs.)—
.
$9,840,775 $13,035,428
9,386,991
7,230,918
2,187,271
1,936,637
and general expenses.
aamin.
Instalment
1946
Reported—
letter
1948
sales
96,952
railway
machinery,
mobile,
168, p. 89U.
Machinery Corp. (&
Earnings—
$388,046
—
income.
oper.
Press
Farmers
United States Hoffman
1947
railway..
from
letter
Bank
ASSETS—
railway-
Proceeds will be used to
t
Inc.—Registrar, Etc.—
Y., has been
New York as
Industrial Chemicals,
-City
Cash
York—Stock Offered—Ackerman,
Conte, Mattielli & Co., New York, on Sept. 3 offered
150,000 shares of Class A (voting) common stock (par
$1) at $1.25 per share.
of
589.
p.
$4.19
476.
oper,
ry.
to
applicable
'capital
Per
1948
from
de¬
etc.,
ductions
$4,063,300
$4.37
Toy Pop Corp., New
»'
174,050
154,500
$4,204,300
-share.
common
from
dealers
1 "
$2,409,807
155.619
i-__
$6,452,600
"Deficit.—"V.
non-residents' tax.
at the source, t Hoo-
185,742
$1,380,987
Profit from
58,290,700
p.
from
Net
8-13
9- 1;
8-30
$2,687,595-.
198,§93
subs,
Selling,
$64,705,000 $58,423,800
income
167,
Gross
9- 1
■ ■
,690,34?
$3,075,472
387,876
stka., other
utii.
Cost
1947
1948
sales,
miscellaneous
From Jan. 1—
not closed for this dividend.
tPayable In
i
film
distribution,
per
Neb ry,
9-17
9- 1
693,507
$2,766,820
357,013
newsstand
profit
Gross
i
-
(& Subs.)—Earnings—
subscriptions,
Toledo Peoria & Western RR.—Earnings—
9-10
10- 1
25c
Manufacturing
4y2%
382,887
$1,566,729
$1,292,937
earnings of
applic to
of
Bal.
6 Months
July—
11-30
2-28
5-31
:
Tale St Towne
"York
—V.
8-31
Common-—
Common
cn
deductions
Net
11-15
,
Corp
common
361,150
deductions and
interests _—
prior
Preferred
9-20
10-20
11-20
'___.
$2,384,825.
minority
The
•
1948 periods'lncluded amortiza¬
franchises, an item not included last year, as well
of supplies
and equipment, plus a two-months'
the 24-cents-an-hour wage increase granted in May.
income
for
Prov.
8-26
Ltd. (quar.)
)
income—
Other
9- 1
9- 1
9- 1
Monthly
Monthly
Monthly
'
expenses
Total
9-25
25c
$1.12%
$1.12%
$2,073,313
$1,491,530
_—
income
Income
9-16
$40c
$1,183,842
1,108,250
$1,368,106
651.
p.
Operating
(Wm.), Jr. Co.—
Wrigley
1,461,614
$2,189,522
_—
Other
9-16
9-28
Canada, Ltd
Pump & Machinery Corp., com
prior preferred (quar.)
convertible prior preferred (quar.)
4%%
9-28
$1.25
(quar.)
(quar-.),..
Not
Divs. on pfd,
Deprec.
9-14
9-14
8-31
9-13
50c
Warthington
4Mj%
10-. t
10- 1
9-30
9-29
13,021,271
$1,130,380
bus
from:
sales
9-10
25c
$1.25
J50c
common
common
557,010
$490,819
Six Months Ended June 30—
8-31
25c
25c
25c
Lothvop.
766,884
increased losses for the
fund
168,
Income,
9- 1
8-31
9-15
14,653,839
deductions
Income
Net
10-15
9-15
9-15
9-15
(quar.)
Co.
preferred
:: 5%
Wool
Co.,
(quar.)
Co., Ltd. (quar.)
Iron
10-31
Co
Steel
(Alan)
•$259,855
costs
Time Inc.
9-24
9- V
9-1
8-31
9-13
20c
(quar.)
preferred
5%
"$727,908
cost of
reserve
9- 1
$1.50
$1.12%
$1.12%
$1.20
(quar.)
Dessauer
&
of
Net
Michigan Power 4%% pfd. (quar.)
& Light, 4V2% pfd. (quar.)
preferred
$66,192
V,
•
increased
—V.
Power
Wisconsin Power
4.8'o
"$577,914
38,249
;
$1,344,793
NOTE—The
as
10-22
10- 1
9-1
20c
$1.06l/4
Willys-Overland Motors, Inc.—
$4.50
convertible preferred A (ouar.)—_
Wilsil, Ltd.
:
j____
Wilson
(J. C), Ltd.__
Willson
Products, Inc
—
Wilson & Co., Inc., $4.25 preferred
(quar.t_
'•
Electric
38,533
loss
*Los5.
8-23
9- 8 J
1
10- 1
9-22
10- 1
9-22
10- 1
9-3
10- 1
9-3
10- 1
9-13
9-24
9-10
$1.12y2
$25c
tl5c
f.
(quar.)
6.700.860
(net)
income
U. S.
Net
9-10
11- 1
income
Gross
"$298,104
"$766,440
24,565
.
deductions
Total
general
$1.75
20c
15c
(s-a)
Extra
Wisconsin
$41,626
19,250
income-
gross
Earned
preferred
-
for
revs-
oper.
shares
Total
8-31
40c
,
$15,406,095-
7,707,388
Balance
$597,164
income
income
oper.
non-oper.
;9-15
40c
Whiting
taxes
Production,
9-15
10-1
19^8—12 Mos.—1947
1,278,828
oper,
9-10
9-10
10-1
10-1
50c
75c
68%C
75c
$1.25
$1
(quar.)
Mfg.
non-cum.
Wickes
1,016,264
Cement
"Whitehall
7%
(quar.)
(quai*.)_
Paper, new
654,900
12-16
8-16
50c
(quar.)—
common
——
prelerred
533,289
9*23
9-17
$1
_
——
Wheeling Steel Corp. com.
Whitaker
$980,724
8-31
25c
____,
Weyerhauser Timber Co
Wheeling
$249,823
Total
11- 1
2- 1
11-1
2- 1
87y2c
95c
Co._______
Instrument
Electrtc
$696,526
net
advertising,
inc. (quar.)
Weston
"$63,875
tion
(quar.)
preferred A
preferred A
5%
5,827,134
revs._
Total
8-30
75c
11-15
75c 2-15-49
$1.25 ; 11-15
$1.25 2-15-49
50c
10-11
$1.25
10- 1
$1.25 1-3-49
50c
9-15
25c
"
(quar.)
Common
expenses—,
Total
Co.
Pacific RR.
Common
oper.
9-15
.9-15
j 8-25
-
Western
1948—6 Mos.—1947
$5,981,477 $11,389,755 $11,585,340
5,284,950
11,139,932
10,604,617
1848—3 Mos.—1947
$5,763,258
9- 5
10- 1
10-1
49-15
9-16
SUBSIDIARE3)
$7,634,702 $16,727,152
$8,837,763
prov.
Exps., ;taxes,
8-13
(COMPANY AND
ENDED JUNE 30
1948—6 Mos.—1947
.
u.G.i.
revenues—
9-15
>
Transit Corp.—System Earnings—
oper.
Total
9-10
9-13
2
•
25c
25c
$50c
(quar.)
Vf Common
and
taxes
r
$1.67
$1.76
$0.88
$0.81
?
>
$2,750,664 $2,615,989-
maint. de-
exps.,
prec.,
■
1,107"
record
of
Total
9- 4
10c
50c
3c
17%C
35c
Oper.
Guaranty
the
Period End. June 30—
9-16
9-15
20c
Sept.
on
stock
notify
$1,373,253
,
...
Co.—To Issue Scrip Certificates—
company
common
1,153
$1,265,292
$2,617,096
$2,751,817
559
_
Net
Total
9-9
10- 1
10- 1
$4.55
share
$1,373,812
for
Operating revenues
1,799,902
395,703
,
.
582
y
COMBINED EARNINGS
' / .PERIOD
,» %
194.
p.
Third Avenue
10- 1
10- 1
35c
22%c
395,730
Dr$ 0.65
;
63,092:
on
The
9-14
9-14
25c
273,376
Br257.020
hares
common
275,392:
25,869
137,322
43,779.;
:
$1,265,874
„—
available
share
:
273,376
274,474
appropriated to
fund reserve—
$2,073,279
dividend paid
for
:
advised that banks or brokers who lield
Sept. 15, 1948 for account of customers
Trust Co. of New York as agents, prior
to
the close of business on Sept. 22, 1948 of the particular denomi¬
nations in which they wish to receive the stock and scrip certificates
(in the form of twentieths) in connection With the payment of;the
stock dividend payable to stockholders of
record Sept. 15. 1948.
After the close of business on Sept. 22, 1948 no full shares of common
stock may be split up into scrip certificates.—V. 168, p. 889.
The
its
8-20
.
Br$j 6,356
common
per
389,893
1,233,6'00
112,800
$3,651,507
695,927
>•££^1
stock
1,566,373
jdiures of capital stk._
269,483
$1,889,817; $3,727,960
334,904
675,800
343,269
130,017
income
$3,696,977
621,083
tax
shares—
168,
should
8-10
10-. 1
193,759
$3,219,552:
^ 431,95S
and
capital
Per
$3,197,983
529,977
exps.
gen.
Federal
Balance
$3,527,488
$1,686,635
203,162
taxes
spec,
Other
8-10
25c
i—
pfd.
—V,
8-16
Chemical, 6% preferred (s-a)
West
9-11
expense
$523,768
income
available
and
Income
$16,277,624 $20,014,013
? 4,514,222
15,266,413
1,239,634
1,220,112
$1,616,083
1,603,469
deductions
Net
1947 ''
1948
returns and allow.
profit
Earned
8-10
9-20
9-11
Co., Inc.—Earnings—
874,505
$1,745,160
income-
income
for
State
$717,527
Federal
Balance
9- 3»
9-15
Wellington ^Fund,v Inc.
(quar.)
Manufacturing
(extra)
West
9-10
10- 1
9-20
9-15
Wentwortli
•-
Total
Supplies
Mos;—1947
$1,511,58.0
1,686,403
$1,503,982
241,178
dividends—
other
and
ENDED JUNE 30
1948—12
$812,130
$7,87.535
716,444 A
owned-
companies
Provis.
profit
Preference slock
9-10
Co
&
Wells-Gardner
f§
-
$586,717
income
Common
<9- 8
25c
Knitting Mills
Wells Fargo & Co., 4%%
^
111,265
$794,724
Int.
889
administrative
Thermoid
$1
Cedar Falls & Northern RR
Motor- Co.
(quar.)
Waukesha
i|fl
8,011
$13,895
deductions
for
Net
9-10
10-15
1-14
4-15
7-15
9- 4
10- 1
maj.
178,186
ether income—
Total
10- 9
(increased quar.)
Wayne
/''f
Subiids.,
Other
^
;
Co.—Earnings-—
1948—6 Mos.—1947
Total
10,372
p.'
operating
Total
8-31
8-31
9-20
Pictures.;
Bros.
Waterloo,
6
$764,903
■</
^
'
>
Net
9-15
10- 1
9-20
9-20
9-24
11- 1
2-1-49
5-2-49
8-1-49
9-15
*
J37%c
_
(quar.)
preferred
5%%
'■
$905,990
$31,444
168,
and
Selling
Ltd.—
Worts,
&
J
Ward Baking Co., common
Warner
,—
Cost
Prov.
10-20
—
(H.)-Gooderham
Quarterly
%
$21,906
149, p. 425.
(COMPANY ONLY) PERIOD
226,780
less freight, discounts,
Of sales—
Total
25c
(quar.)
common
(quar.)
preferred
Walker
f
$538,122
342,058
12 Months Ended June 30—
Sales,
9- 8 »
9-8
9- 1
10-1
10- 1
9-15
40c
(quar.)
Inc.
System,
"Walgreen Company,
Year-End
•
$563,932
19,088
Thatcher Glass Manufacturing
9- i
35c
$1
75c
$40c
25c
-
"Wagner Electric Corp. (quar.)
"Waite Amulet Mines, Ltd.___:
Iff. '
$2,817
___
equipment trust cer¬
the sum of $100,000
7'/2%
1921, sufficient to exhaust
made available.—V,
Dividends—
Other
12-1
9- 1
9- 1
30c
__.
preferred
Wabasso
'Iff./
"$8,373
50,133
•Loss.—-V.
9- 1
$2.50
$2.50
60c
sh
_
(s-a)
Viking Pump Co.
(irreg.)
"Virginia-Carolina Chemical Corp.—
6% participating preferred
(acum.)
"Virginia Electric & Power com. (quar.)
$5 preferred
(quar.)
Virginian Railway, common (quar.)_
G%
preferred (quar.)
:
6%
preferred
(quar.) —
V 0%
preferred
(quar.)
6%
preferred (quar.)
Visking
Corp.
"Vulcan Detinning Co.
*3$: I
408', 100
income
Net
9-10
50c
$1.25
$1.25
50c
$12c
Heating
5%
9-30
Company
Norman
Van
"Vapor
-
515,400
deductions
Income
9-10
20c
'
Quarterly
JtSI
10,500
income
Gross
15,
15-year
of
amount
an
Feb.
dated
INCOME STATEMENT
$3,215,093
2,268,875
income
Other
8-28
8-20
12-21
$3,671,800
2,592,467
$41,316
income
of
It
to
United Gas Improvement
1948—12 Mos.—1947
de
"Van
-
Operating
9- 1
9- 4
deducts-
and surtax
normal
:
20,300
revenues
revenue
Fed.
8-31
8-31
9-4
'
.—
Oper.
'
1943—Month-—1947
$193,967
$176,906
18.3,040
163,503
Period End! July 31—
Operating
rg
i
to
up
sale
which has been
Co.-r-Earnings—
Texas Public Service
•
9-10
8-31
9-15
9-15
5c ff; 9-15
35c
10- 1
$1
9-8
62%c
10- 1
62l/ac 1-2-49
(quar.)--—
—
-i
&
Power
Utica
Co.
(quar.)
Refining
Oil
Utah
tenders
the
Co.,
Trust
the
agent for
(Continued from page 14)
.
9-15
15c
Schroder
tificates
9-10
9-10
9-30
Corporation and
Investment News
10- 1
<
10- 1
9-13
v 9-15
$2
(accum.)_:
8% preferred
Upressit Metal.
Upson-Walton Co. (quar.)
Utah Home Fire Insurance
10-15
9-30
9-30
.
25C
50c
20c
Extra
8-25
9-15
2%
50c
pfd. (quar.)—
(quar.)
''
4%
Wallpaper, Inc.,
United
Universal-Cyclops
General
9-20
9-30
Havana—Offers to Buy Certificates48 Wall Street, New York, N. Y„ acting as,
Westminster Bank Ltd. of London, England, is inviting
12 o'clock noon (New York time! on Oct. 5, 1948, for
United Rys. of
Holders
Payable of Rec.'
9-15
9- 7
9-15
9- 7
10- 1
9-15
11- 1
10-15
Share
30c
- 4?%c
$8.75
J75c
tl2!/2c
Monday, September 6, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(988)
52
168,
p.
890.
;
y
;
States Rubber Co.
United
Record High
Postwar
has
raised
its history,
on
tire
Production Capacity at
expansion and modernization costing more!.than $80,000,000
this company's production capacity to the highest, peak In
it was announced on Sept. 2 by Herbert E. Smith,
Day,
President.
the company's progress on the third anntuersary
Mr. Smith said $30,000,000 has been spent since the war
Commenting
of V-J
—
Peak—
on
production
facilities
and
$50,000,000
on
non-tire
products*
Number 4731
Volume 168
"These
added/ "Include
he
improvements,"
tion and better duality. J.
buildings,
new
new
ma¬
,
.
Power
/
,
,
COMMERCIAL
West Penn Electric
winch provide increased produc¬
research equipment
chinery and new
THE
output
of
the
&
FINANCIAL
CHRONICLE
Co.—Weekly Output—Dividends---
electric
properties
of
than
for
company
the
of
plastics.
and
textiles
chemicals,
Many
new
uses
More
strength which
applications."
To
•-
the
place
in
of
wood
metal
or
in
for goods the company has put
war: Chicago, plas¬
Fort Wayne, Ind.,
tire cord; Burling¬
new textile products; Milan, Tenn., sport footwear; Man¬
H„ Lastex yarn and rubber thread, and Gastonia, N. C.,
ton, N.
C.,
chester,
N.
combed
Mr.
cotton
Smitn
that
postwar
rubber
which are installed
the
at
the
perhaps
chemistry
in
the
is
stock,
distribuiion
March
revolutionary development
rubber
heating panels
ceilings
homes
of
to
provide
radiant
Fairless,
the
States
that
on
G.
President,
assets
Steel
of
total
A
quarterly
and
B,
of
dividend
of
$1.75
Sept. 20.—V.
also
were
of
30,
$1.65
in
paid
$1.12Va
both
against
as
was
of
.share
per
declared,
last,
the
40
on
Roach,
Aug. 29, announced that the
Western Steel Corp. by
a
on
of
the
same
would
name
be
Net
4'/a %
President
Gross
Consolidated
of
Steel
Corp.,
Int.
income
1,929
and
other
$2,784,431
21,798
Net
168,
Cost
$2,806,228
157,987
638,780
633,237
$492,263
$2,167,448
and
Gain
—3 Months Ended—
Period—
tNet
$1,332,546
789,679
$2,703,887
1,604,665
profit
fNet
earn,
per share
185,860 shs.
on
$4.38
$4.25
;&y ♦Before depreciation, depletion, intangible drilling
sion
for
Federal
income
taxes.
tAfter
provision
for
pletion, intangibles and all taxes.
^Effective July
standing stock was increased to 278,585 shares.
CURRENT
CURRENT
ASSETS
AND
LIABILITIES
ASSETS—Cash.
tories, $224,178;
total,
$2,608,289;
AS
OF
—V.
and
1948,
JUNE
receivables,
the
30.
unci.
notes,
$680,000;
taxes
total,
of
12 Months Ended June 30—
General
1947
Pro Forma
386,759
$1,521,251
118,955
17,423
216,722
Operating
Operating
Other
r-
"
$1,538,674
1,699,511
4,220
8,427
Gross
$445,142
(kwh.)
(cu. ft.1—
$143,533
*$160,837
$517,124
119,524
9.9,583
436,034
2,848,39 9
2,617,276
10,640,493
$397,600
Other
52,500
income
stock
dividend
..
requirements
Net
ry.
1948 —Month—1947
$3,624 239
Gross
Balance
Earnings
—V.
i;
A
share of
per
167,
*?.;:/
applicable to
stock
com.
stk.
com.
surplus
$274,199
(200,000 shs.)
$1.37
Gross
from
railway
railway
oper; Income—
1947
$124,209
*27,846
Net
ry.
*16,870
$151,256
$100,545
*13,249
*19,745
1945
$121,786
■"
25,574
14,701
period Jan.
from
Net
from
Net
ry.
1,145,416
633,020
787,205
Gross
157,239
50,426
83,581
139,686
Net
from
24,016
92,974
Net
ry.
168,
*40,414
p. 589
JulyGross
1948
1946
1945
$2,269,753
575,913
$2,472,851
1,248,245
811,297
railwayraiway-
1947
$3,204,470
from
from
331,256
$2,332,304
753,395
568,811
-
Net ry. oper. Income.
From Jan.
Gross
902,560
593,932
railwayNet from railwayNet ry. oper. income.
—V. 168, p. 589.
20,996,305
„
20,693,743
8,34.9,687
5,120,857
7,128,468
4,635,309
6,928,688
SEC
2,642,690
5,089,143
will
Wabash RR,
Gross
from
Net
ry.
1946
3945
$7,393,266
$7,152,211
2,724,954
1,588,978
1,470,623
$7,593,012
2,392,570
1,228,064
530,488
573,170
666,714
60,850,369
53,334,517
44,513,770
57,505,213
Gross
from
Met
from
Net
ry.
railway
railway—,
90,
pp.
538,815
14,074,697
7,154,643
income
oper.
168,
16
offered
current
1946
for
$3,745,058
$5,662,640
1,018,206
2,532,367
381,838
562,876
721,711
21,017,890
3,530,782
23,495.321
4,739,909
35,234,015
14,043,312
1,415,365
2,137,920
4,076,710
5,809,960
ry.
Gross
21,870.696
Net
490.
from
Net
5,622,468
ry.
—V.
to
$299,944
$335,451
1948
$856,801),
$28,311,848;
investments
and
60,155
of
29,684
Ltd.
2,246,025
2.200,496
(excl.
and
and
383.327
214,756
250,387
129,224
185,521
payable—
payable,
$5,251,-
mortgage bonds
The
of
White
to
as
Motor
1950 to 1959, inclusive),«$1,250,000;
finance fees), $137,931; reserves for
land
per
of
'
and
1,002,176
expenses—
1,488,037?;
$3,378,494
140,549
not
$1,988,255
17,835
estate
$1,822,422
$3,519,043
——
expense—Real
50,515
20,587
>165,833
employed
:
income
for
incentive
Prou.
for
city,
income
815,827
1,433,290
—
Prov.
•••y*
$47,982,108 $37,324,769
42,168,149
33,198,483
amort.)
profit
operations
•'**'* 1947
1948
deprec.
amortization
income
and
in
deductions
compensation
Federal
and
fund
Canadian
(est.)—
taxes
192,416
_—
oxx
(est.)
1,289,763
profit
—
752,050
'$2,019,029
$1,165,103
of June 30, 1948 amounted to $22,767,270 as
working capital as of June 30, 1947 of $23,016,007.
Within
the period from July
1,
1947, to June 30, 1948, $5,857,153
was
added to the fixed assets of the
corporation.
During the nine
months period of the current fiscal
year, working capital was turnedi
977,742
270,094
over
6V4
Cash
1948
times.
and
4
as
MI?
;
:
government
compared
as
although
company
Collector
168, p. 590.
first
and.
administrative
Miscellaneous
3,097,316
560,302
accounts
income), $1,384,116; estimated
income, $3,241,768; notes• payable
maturing within one year classified
branch
of
portion), $2,100,000;
sundry
on
(maturing
(interest
values
sales
Total
42,121
2,580,087
2?4%
taxes on
and
income,
Taxes
173,442
i0,994
(current
$125,000;
and buildings, $393,527; reserves
reserves lor insurance, $300,000; common
share), $687,500; capital surplus, $22,198,276;.
surplus, $13,462,537; total, $59,417,347.—V. 168, p. 789.
Operating
$468,378
41,714
taxes
portion
value $1
(par
Net
24,853
income
than
income
General
It-/
oper.
JUNE 30,
sales
Cost
1945
55,437
railway
railway--.
of
(other than
Canadian
Working capital
compared with the
1946
$353,701
from
$0.16
BIIEET,
contingencies, $1,000,000;
Net
without
1947
income—
BALANCE
Quarter Ended June 30—
Alabama—Earnings-
railway
railway
oper.
From Jan.
7,468,956
3,535.595
23,721,573
4.973,583
2,617,395
share
687,500
$3.80
*
Willys-Overland Motors, Inc. (& Subs.)—Earnings—
1945,;;
748.297
per
M 343.750
687,500
$2.66
reserves
Canada,
deferred
on
$20
343,750
687,500
$4,300,000;
adjustment
Other
at
446,875
of
(other
earned
1947
$3,190,787
from
from
Net
(after
and
of
Co.
reflects
year
1948
Net
From Jan. 1—
Gross
the
of
»Aug. 25 filed a registration statement with the
18,000 shares of common stock (par $10).
The stock
covering
be
,1946
$6,627,362; ■ trade accounts, notes, and instalment
receivable, etc. (after reserves jf $750,000), $8,943,863; in-
current),
Co.—Earnings of Company Only
July—
$9,479,680
income
oper.
$2,837,632
$3,313,887
789.
Western Ry. of
' 1947
1948
railway
railway—
$178,112
months
seven
.
$53,888,337 $56,788,248 $32,275,981
1,831,621
2,612,655
109,962
taxes.
.
Depreciation
company
$8.5^-
Subs.)—Earnings—
J.
1918 ;v
; 1947
shave
per
960; accrued taxes
underwriting.
Proceeds. will
supply funds to enable company to engage in automobile insurance.
Earnings—
from
Net
The
$5,790,072
$8.64
outstanding
Federal
Pioneer Automobile Insurance Co.,
Oakland,
Calif.—Registers With SEC—
18,096,355
$5,824,732
$4.19
'
LIABILITIES—Notes payable to banks
mortgage bonds (current portion),
trade, $3,584,733; payrolls, commissions,
Western
14,338,781
4,058,042
,
': (July-
168, p.
$2,841,804
$4.55
of
first
1,619,948
539,960
income—
oper.
share
$17,227,922), $13,601,370; patterns, dies, and special
(unamortized
cost), $1,051,226; goodwill, patents, models and
marks, trade names, and drawings, $1; deferred charges (prepaid
insurance, taxes, rent, etc.), $295,7G'4; cot-ai,•
$4,457,580
1,047,175
railway
railway
from
ry.
—V.
1—
from
$416,715' $4,933,202
238,603
1,619,315
$3,919,395
from
Net
4,068,000
trade
From Jan. 1—•
Net
4,270,000
tools
$106,000 in taxes account of reduction in
Compensation tax rate from 3% to '/a of 1% for the
to May 31, 1948.—V. 168, p. 789.
income
1,986,000
890.
retirements
adjustment of
oper.
$9,858,072
$59,417,347.;^i4*-\y.^'i;r':
$785,719
railway
railway
,
$4,827,804 $10,094,732
assets, $585,894; property, plant and equipment (after reserves
depreciation and amortization—including indeterminate
unadjusted
for
143,399
from
390,816
\
other
$4,314,181
141,454
15,891
1940
*12,963
Gross
—V.
$4,791,748
Western Pacific RR.
1,005,237
:
income
362,760 V
the
outstand..
p.
ventoxies
stock
15,436
Virginian Ry.— Earnings—
>
$400,824
July—
railway.—i
railway—
oper.
^♦Deficit.—V.
'
$770,450
15,269
__i
$553,160
1
3,833,213
$3,043,475
contracts
21,776
From Jan. 1—
Gross
credit
4,368,859
ASSETS—Cash,
89,303
232,559
Unemployment
1946
342,597
•
2,223,000
for
Dividends
$4,241,564
161,920
86,615
income
net
a
1948
from
Net
887,617
13,150
NO.TE—Net income in the
Ry.—Earnings—
Net
J
$3,990,746
80,514
10,651
charges
Net
$5,266,475
profit after charges and
hanks
1370.
p.
Utah
y
Fixed
$345,100
$1.73
$333,460
144,276
income
-* 251,109
;
190,299
sales
1948—7 Mos.—1947
$636,825
■
July—
,
and
18,394
taxes
Net
$3,089,679 $25,071,947 $23,743,149
2,441,219
17,705,201
16,348,585
315,000
3,376,000
3,153,000
414
2,602
(Cr)__
-j.:
Fed.
CONSOLIDATED
income.
oper.
income
2,371,436
,
512,275
,
Federal
per
168,
Shares
52,500
118,442
-
Net
Preferred
4,506,855 "v
V
<
/
White Motor Co. (&
9,130,287
(Dr)—_
rents
39,713,001
'
'
•
'
1,998,328
187.686
G Months Ended June 30—
377,648
Operating income
rents
2,267,805
Net
2178.
p.
expenses—
Joint fac.
$326,699
deductions
187,809
,
income
on
stock
com.
$2S2,784
;
103,941
revenues
Equipment
income
Income
244.913
plan.
expense.
before
Earnings
1,794,914
$508,696
inepme—net
9,742
265,587
'
$2,077,698
422,584
385 ,000
$440,921
2,433,167
_
profit
—V.
$566,117
421,803
Taxes
Utility operating income-
1,207,783
income
on
27,424
Period End. July 31—
120,961
176,498
taxes
1,237,153
expense on
and long-term
Western Maryland Ry.-July Earnings Higher—
115,000
5,102,894
sales of fixed
for est.
Net
$2,050,274
6,113
$446,977
167,
48,315,809
2,388,401
"•
1
Earned
44,759
118,400
accruals.™
.
income
$560,004
$25,174
gas
21,416,567
2,572,773
*
'
•
period
1,121
electric,
of
25,750,850
net
taxes
Prov.
280,851
sold,
corp.'s
funded
1948—12 Mos.—1947
$445,856
income
♦Loss.—V.
308,192
$37,538,587 $31,972,078 $71,172,102 $60,764,881
(Cr)
debt
employees.
$1,392,899
89,540
taxes
Federal
amendments
$6,329,216 $26,858,912 $24,256,145
5,769,212 * 25,337,661
22,205,871
6,410,171
income
Sales
1948
or
Int. and
pension plan
1
133,611
ordinary retire¬
ministrative
a
salaried
1
,
150,836
charges
assets
Co.—Earnings—
6,856,027
____
deductions
Sales of
647,651
reserve
revenues
Net
1948—6 Mos.—1947
pur-
—
Selling, general and ad-
and
1948
for
(000 omitted)
Actual
Retirement
approving
1S48—3 Mos.—1947
deductions—
rev.
Income
$1,060,373;
167, p. 2795.
$1,591,968
Operation
Maintenance
Lighting
Operating income
Non-operating income-
Upper Peninsula Power Co.—Earnings—
i
consider
inven¬
$802,031)
$380,372.—V.
will
18
1948—3 Mos.—1947
$37,387,751 $31,838,467 $70,863,910 $60,484,030
f
Operating
Gross
Federal
p.
Oper.
out¬
$3,358,688.
CURRENT LIABILITIES
less U. S.
Treasury
168,
Period End. June 30—
1948
$526,221;
Oct.
on
employees, effective June 1,
1, 1948 to the retirement plan
890.
Westchester
provi¬
depreciation, de¬
1,
Oct.
16,426,677
5.966,059
7,627.176
amortization
on
Profit
$8.63
costs
stockholders
hourly-paid
effective
June 30,'48
$1,371,341
u—.
June 30,'48
814,986
profit
The
for
6 Mos. End.
Mar. 31,'48
661,675^
265,8581
20,536,021
maintenance
Fensions,
(& Subs.)—Earnings—
on
products
&
ments
$1,988,037
West Virginia Pulp & Paper Co.—Pension Plan—
Universal Consolidated Oil Co.
1945
$2,059,79tt
614,636
401,824
856,140
Prov. for deprec., depict.
194.
p.
V
1946
$2,091,617
disct«s
allowances
oper.
Repairs
$2,621,273
$531,396
1947
.,,778,632
'
467,665
-
income
of
etc.,
9,165
164,633
income
—V.
loss
&
discount
Total
$2,612,109
$641,251
deducts.
1958.-
15,
MONTHS
f
chases, etc.
6,408,601
$696,030
will
Income
1949-Sept.
oper.
srIes
cash
$9,020,710
7,952,410
$638,321
2,527
FIRST
Divs., int., rentals{net),
1,642,939
$693,503
(net)—.L
Equipment Issue
on
$2,413,824
Period End. June 30—
1948—12 Mos.—1947
$2,281,260 $10,736,841
closed
:
Consolidated
income
this
Wheeling Steel Corp. (& Subs.)—Earnings—
Co.—Earnings-
1948—3 Mos.—1947
income
oper.
Other
in
890.
p.
1,266.064
railway
railway———
returns
2,074,344
participate
168,
.
the
.
•Operating
ry.
Gross
$2,767,847
to
10.806,637
16,032,939
1,803,452
6,390,936
income.—
4,933,115
3,780,002
1,343,34 0
2,097,426
—V. 168, p. 890.
'
'
r'--iVvv.,'y '• w'i '*".I;!•;.V*!'
\'' '
*''•'
167, p. 1634.
West Texas Utilities
ever*
damaga
$3,306,971
from
Net
on
preferred stock,
15
to
holders
of
Oct.
AND
1948
\
railway
railway..——
from
4.20%
payable
permit
will receive bids up to noon Sept. 8 lor the purchaser
equipment trust
certificates,
series
Q,
to
be
date»t
from
oper.
to
against physical
15,
Net
similar
cents
arranged
53
fraud.
From Jan. 1—
1947.
year
share
per
tne
on
A
as
SEVEN
from
Gross
the common
15.
well
1948, and due semi-annually March
l,
Gross
Net
on
has
protection
as
banks are being invited
financing by local banks.—V.
July—
per
stock, payable Sept. 30 to holders
dividends
$1.05
Operating
revenues
Oper. expenses & taxes
v'
the
1948.
series
Western
Steel
Corp.,
become President of the
new United States Steel
subsidiary, Mr. Fairless said, adding that no
change in the present basis of operations is contemplated.—V.
168,
p. 589.:
.■
.; : -■
formerly
31,
regular
record
heat
Consolidated
subsidiary
date.
Alden
quarterly
A
June
on
Period End. June 30—
F.
of
made
was
preferred stock
conductive
product being produced being produced in largest
present time is foam mattresses and cushioning.—
the
Benjamin
United
class
168, p. 890.
of 45 cents per share has been declared
payable Sept. 30 to holders of record Sept.
The
most
company
Net ry,
United States Steel Corp.—New Unit Formed—
purchase
the
on
17.—V.
afford
EARNINGS FOR JULY
new
V. 168, p. 890.
■*
Sept.
regular
West Penn Power Co.—-Declares Regular Dividends—
by electricity.
volume
declared
was
the
A dividend
yarn.
said
in
'He said
addition,
Westinghouse
and
merchandise
15,000
of local
$1,GOO,000
Sept.
unprecedented demand
new p.ants into operation since the
specialties; Washington, Ind., raincoats;
engineered rubber products; Scottsville, Va.k rayon
and
In
record
following
tics
19.
share
many
of
the
mett
used
be
can
than
ferred
Oct.
which
secure
Wheeling & Lake Erie Ry.—-Bids
The
of
usual quarterly dividends of $1.75
per share on the 7% cumula¬
preferred stock and $1.50 per share on the 6% cumulative
pre¬
stock were also declared, payable Nov. 15 to holders of record
tive
to
of financed
program
The
are
being developed for these materials through intensified research. One
promising development is in the field of gum plastics, wherein various
types of rubber are combined with resins to make materials of great
banks
theft
or
$24,000,000
•
production
features
insurance
small
this
.
week
ended
Aug.
28,
1948,
totaled
has gone into the expansion and moderni¬
109.590,000
kilowatt-hours,
an
increase of 12.7Vfc
over
the ,output of 97,210,000
zation of plants producing hose, belting, friction tape, wire and other
kwh. for the cor¬
responding week of 19'47.
'
special rubber products used by the oil, automobile, electrical, railroad,
;
The directors have declared a dividend of 25 cents
steel
and
otlKt
major industries;
also footwear,
raincoat,
coated
per share on
fabrics, foam mattresses and cushioning, golf balls, bathing caps, hot f: the common stock, payable Sept. 30 to holders of record Sept. 16.
An initial of like
water bottles, and many other items in the consumer field,
amount
was
paid on March 25, last, which was
followed by another payment of 25 cents on June 30.
"Addit onal millions
have
been
invested in .new facilities for the
"More
(989J
of
with
May
on
Internal
securities
$23,483,789
21,
Revenue.
total
$22,215,926
as
of June 30,
period a year ago,
deposited $6,500,000 with the
deposit is to be applied against
at
the
same
1948,
This
excess
Warner
*
y\'6
Company—Earnings—
Westinghouse
Months Ended June 30—
Gross
1948
before
Provision
for
income
income
1947
$6,749,305
1,281,614
$5,422,914
1,090,513
509,000
sales
Income
436,000
taxes
taxes
income
Number
of
Earnings
V.
165,
:
common
per
P.
$772,614
The
corporation
Locomotive
474,334
$1.62
shares
share
of
$654,513
474,329
—
$1.37
revenue
Net* operating
.
,
Other
1943
deductions
15,113,653
income
___
deductions
$2,865,461
26,703
Net
income
Dividends
on
$1,696,642
Dr45,653
,
'
915,271
852,873
$1,976,893
$843,769
stock
"
.
440,030',
'440,030
Balance
—
Earnings per share of
»—V. 168, p. 194.
y
V'iy'o ;:TV-' f ■.''
$1,536,863
,
common
shares
of
by M. W.
purchase
the
latter's
from
Baldwin
common
Reserves
stock
stock
—
v
$403,739
$3.01
$0.95
y
.;yyyy:-a.
r-rT*?
■;
.
■
*'
.
.y.-
represents
of
stock
in
about
21%
previously
Baldwin
come
to
$6,000,000
Baldwin
will
common,
give
•••
y* '".-I
and
by
:> s' VV;:
•'
'*
and
Appliances—
The
companies
■
them
"The
nationally.
on
these
for
amounts.
this
The
purpose.
reserve
for
reserves
finally
determined.
deficiencies
tax
Period End. June 30-
Oper.
-
rev.
& Power Co.—Earnings—
1948—3 Mos.—1947
deductions—
194E—12 Mos.—1947
$1,158,105
$1,072,726
$4,620,815
$4,298,476-
1,007,831
932,443
3,892,779
3,630.053.
$150,274
$140,283
$728,036
$668,423
630
630
2,252
$150,904
revenues
$140,913
$730,288
*
.
Operating
income
Non-operating
*
Gross
Income
income.
income
deductions
rj,
2,120
V $670,543
67,563
59,380
267,632
329,991
$83,341
29,055,320
$81,533
$462,656
$340,552!
the company.
Westinghouse
protective
reserved
determined
Operating
V■
this month becomes Ihe first large manufacturer
participation to the nation's banks in a comprehensive pro¬
gram covering wholesale and retail
financing of electrical aopliances
and radios, it was announced on
Sept. l by L. H. Lund, Vice-President '
Treasurer of
interest
$5,275,903.
a1
on
corporation
Called
other
at
It is expected that all liability for Federal
for the fiscal years 1944, 1945 and 1946" will
by the close of the current fiscal year.
Company produced 36,916 vehicles in the* quarter ended June 30,
1948.
This compares with 31,393 vehicles produced in the third quar¬
ter last year.—V. "167, p. 2584.
be
offer
certain
and
remain
Yonkers Electric Light
tlie boards of both
•
contingencies
covering renegotiation, Federal in¬
taxes and interest thereon,
etc. is considered by management
more than adequate for these
purposes, after the amounts have
income
with
Westinghouse
be
been
remainder
stock.
approved
was
of
acquired
for
contingencies
Smith, Executive Vice-President
Announces Plan for Local Bank
Financing of Radios
•and
*
block
interest
transaction
■■•••
«
———;
preferred
for
company has agreed to be $1,262,213, and
These payments were made out of funds
the
July 29.t
to
-
announced
was
purchase
small
The
$1,742,295
'
——
*
a
21.68%
13,713,261
$2,892,164
—.
£1:■ At
Gross income
v:
500.000
.profits taxes withheld for the fiscal years ended Sept. 30,
and 1943, aggregating $5,101,834; Federal income tax deficiencies
the fiscal year's ended Sept. 30. 1941, 1942 and
1943, which the
completed
Baldwin,
The
1947
$17,979,114 $15,455,556
—
revenues—
Interest and other
it
of
30
capital. >
price paid was $15.11 a share, representing the
average of the
daily closing prices on the New York Stock Exchange during the
period
July 1 through July 28. Jv'-- ?>''
:
:,y
Washington Gas Light Co. (& Subs.)—Earnings—
Operating
Works
Aug.
The
.
12 Months Ended June 30—
revenues
on
The purchase price was $7,555,000.
Mr. Smith stated
would be used to pay Baldwin's
outstanding bank loans. The
will be added, to working
2552.
V'!'.
.i Operating
1942
Corp.- -Completes Purchase of
Baldwin Common—
(par $13)
Net
Electric
Equity
assurances
Also
Plarf,"4*the
which
included
in
have
the
program
never
plan
afe
been
offers
banks
available
optional,
to
low-cost
Net
Sales
—V.
income
cf
„_l___—
electric,
167, p.
(kwh.)
2178.
26,916,252
116,373,967 102,052,082
'
54
Monday, September 6, 194
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(990)
CITY DEPARTMENT
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Crittenden
County (P.
Marion), Ark.
Mobile
County (P. O.
Mobile), Ala.
Bond
Offering
C.
—-
O.
H.
Bond,
County Judge, will receive sealed
bids until 11 a.m. (CST) on Sept.
Shaw, President of the Board of 27 for
the purchase of $800,000
School
Commissioners, will re¬
hospital
improvement
b o n d s.
ceive
sealed
bids until
11
a.m.
Dated Sept. 1, 1948. Due Sept. 1,
Warrant
(CST)
chase
3%
Oifering
Sept.
on
—
14
John
for
the
S.
pur¬
follows: $16,000 in 1949 to 1951,
as
of
$2,000,000 not to exceed
interest
public
school
tax
Dated
warrants.
Sept. 15, 1948.
Denom. $1,000. Interest M-S.
Due
Sept. 15, as follows: $92,000 in
1949,
1951,
1953,
1955,
1957,
1959,
$95,000 in 1950, $97,000 in
$100,000 in 1952, $104,000 in
$107,000 in 1954, $110,000 in
$113,000 in 1956, $117,000 in
$120,000 in 1958, $124,000 in
$127,000 in 1960, $131,000 in
1961, $135,000 in 1962, $139,000 in
1963, $144,000 in 1964, and $145,000
in 1965, and containing a reserva¬
tion of the right to call for pay¬
ment or redemption prior to ma¬
turity at the option of; the Board
of School Commissioners, at, but
not prior to, the expiration of the
10th year following the date of the
warrants, or on any interest pay¬
ment date subsequent thereto, at
par, plus accrued interest and a
premium oqual to 12 months in¬
terest at the rate borne by the
warrants, notice of such call to be
published at least once, not less
than 30 days before such payment
date, in a newspaper published or
circulated in Mobile County; and
also in
a
daily
newspaper
publish¬
$17,000 in
1952
and
1953,
$19,000 in 1955,
in 1956 and 1957, $21,000
$22,000 in 1959 and 1960,
in
$18,000
$20,000
in 1958,
1954,
in
1961,
$24,000
in
$28,000
in
1962,
$29,000
tax until all of the bonds and in¬
terest
paid
are
in full.
The
as¬
sessed value of the taxable prop¬
erty in the County is $15,061,885,
so that this tax will produce gross
over
$60,000 a year.
The above
schedule for 30-year bonds has an
requirement
average
$42,351,
of
that the tax coverage is almost
one and one-half times the aver¬
so
annual
The
ed in Montgomery and in Bir¬
bonds will be sold with the option
mingham.
No
called
warrants reserved to the
County to call
shall bear interest beyond
such them for
payment prior to matur¬
payment date after such notice is
ity in inverse numerical order at
given and payment duly provided
par and* accrued interest, as fol¬
for.. These warrants shall consti¬
lows: If called from surplus reve¬
tute a preferred claim against the
nue from the special
tax, on any
Special 3-Mill County Tax for interest
paying date; if called for
public school purposes heretofore
payment with
funds from any
voted and levied beginning with
other source, on any interest pay¬
Oct. 1, 194$, in the County under
ing date on and after Sept. 1, 1958.
and pursuant to the Constitution
The purchaser may have the right
and laws of the State which tax
to name the trustee for the pledge
is pledged to secure their pay¬
of revenue and the place of pay¬
ment. Principal and interest will
ment, and may convert the bonds
be payable at the office of the
to bonds bearing a lower rate of
Board of School Commissioners
interest, subject to the restriction
in Mobile, or at the Bankers Trust
that the conversion shall not be to
Co., New York City, at the option an interest rate smaller than Vz
of the holder.
Enclose a certified
of
age
check for 3%
of the face
or
par
missioners.
er,
to
requirement.
der.
the
Mill¬
City Clerk, will receive sealed
the
Bidders
interest
which the bid is
par
Mesa, Ariz.
Offering—J. Edwin
upon.
submit
will
ARIZONA
Bond
bid
est
asked
are
rate
based, and
considered
be
for
Los
upon
no
less
bid
than
bonds. Dated Oct. 1, 1947. Interest
J-J. Denom. $1,000. Due July 1, as
follows: $13,000 in
$14,000 in
1951
1949 and 1950,
and 1952, $15,000
In 1953 and 1954, $16,000 in 1955
and 1956, $17,000 in 1957 and 1958,
a
1961 and 1962, $20,000 in
These
bonds
election held
an
authorized
were
on
Oct. 7,
at
1947.
No bids for less than par and ac¬
crued interest. Principal and in¬
terest payable at the City Treas-
made by the Bank of
America National Trust & Savings
Association, of San Francisco.
3%s,
Dist.
5%
close
a
certified check drawn on
a
authorized
bank
to
do
business
in the State for 5% of the amount
•/'
bid.
,
on
interest school
for less than par and accrued
at
the
The
■»
v.
T.
168,
J.
891—were awarded to
Raney & Sons, of Little
Treasurer's
approving opinion of
a
price of
par.
for
check
cashier's
or
$10,000, payable to the County
follows:
14,500 Portola Elementary School
District
bonds.
Dated
Sept.
Denomination $500.
Due Sept. 15, as follows: $2,500 in 1949 to 1953, and $2,000
15, 1948.
Due
June
cashier's
Oct.
certified
a
for
check
or
.1Q4Q
bonds.
to
or
The
for
$10,000,
will
bonds
and
sold
be
for
not less than par
at
payable to the County Treas¬
crued interest to date of
urer.
and
82,000
George
Mt.
Elementary
District
School
June
20
1949
to
as
bonds.
follows:
and
1968.
Enclose
or
cashier's
Due
$4,000 in
$5,000 in
1966,
1967 and
tified
a
cer¬
check
for
1953,
Due June 20,
bonds.
follows:
$1,000 in
Enclose
1949 to
a
check
1954
to
certified
$2,000
and
School
or
in
for
Treasurer's
Rate
of
in¬
in multiples of
of
interest
may be fixed for different matu¬
rities of bonds, and it shall not
be necessary that all bonds of¬
terest
;
to be
Different
rates
of
date
and ac¬
delivery,
state
that
any,
offered
delivery
will
be
the
for
bonds
15,
at
office.
cashier's
or
par
if
for
The bonds
ready for delivery on or
Oct.
urer's
and
the premium,
which the bid is made.
1948, and will
the
County
Enclose
check
a
be
Treas¬
of
New York, at 1.16.
follows: $1,194,000 44t;
series at par, plus a premium cj
interest,
as
$19; $2,000,000 45th series at pa
plus a premium of $23. All of th
notes are dated Sept. 13, 1948;an
mature on Feb. 25, 1949.
Mateo
County, Menlo Park
Elementary School
District
(P. O. Redwood City),
g
Calif.
Bond Offering—W. H. Augustu
County Clerk, will receive seale
bids until
11 a.m.
(Calif, DST
Sept. 21 for the purchase c
$315,000 not to exceed 5% intern
school bonds. Dated April % 1941
Interest. A-O. Denom. $1,000. Du
on
April
$15,000
These bonds
election held
and interest
1953
1,
authorized
one
at:
a
Jan. 23. Principj
on
payable at the C6ur
ty Treasurer's office.
make
197
to
the balance pf
are
issue
$375,000
Bidders
ma
alternative bic
or more
offers for said bonds at differ
or
ent interest
shall
rates..
bonds
Split rate in
terest
shall
for
be
sale
in
Enclose
1%.
for
necessary,
offered
that a
bearrth
rate of interest, but such in
same
of
be;
not
multiples of I
certified
a
cbec
payable to the Chair
Board of Supervisors. *
$1,000,
man
COLORADO
Rio Blanco
County (P. O. Meeker,
Colorado
Rent Controls Removed—Hpus
ing Expediter Tighe E. Woods o
Aug. 30 ordered that rent control
be
in
removed
the
took this action
the basis of
tive
011
vey
which
showed
rental
for
mand
County,
his
on
own
an
OHE
that
housing
a
H
initia
sur
the >de
in
th
each issue,
•
Heple,
sealed
>
Salinas, Calif.
Offering — Francis
City
bids
Clerk,
until
11
will
a.m.
E.
receive
(Calif.
on Sept 14 for the purchase
$175,000 not to exceed 4% in¬
terest coupon or registered rec¬
DST)
of
reation
Blanco
ty's population.
CONNECTICUT
of the
payable to the County
Treasurer.
Rio
county
certified
for 3%
value of the bonds bid for of
Bond
office.
must
cash
$10,000,
June 20, 1948. Denomi¬
$1,000. Principal and in¬
payable
at
the
County
& Hutzler, of
is an oil producin
with an estimated 194
population of 5,500. The towns c
Rangley and Meeker have a com
bined
population of 4.500,- thu
comprising the bulk of the coun
to
separately
urer.
Dated
by
p.
interest
state
payable to the County Treas¬
nation
awarded
168.
country has been reasonably me
about
1973.
1%.
bidder
each
delivered
Union
891
Salomon Bro
Aug. 31—v.
the bidder offers par and accrued
$10,000, payable to the Coun¬
Salvador
Dated
1965
in
Calif.
Sale—The $3,194,000 not
offered
were
Housing Authorit,
County of),
City and
Note
1948.
certified
a
check
cashier's
District
1,
Principal and interest payable
at the County Treasurer's office.
$4,000
Enclose
High
Union
Plumas
Denomination,
$1,000. Due Oct. 1, as follows:
$46,000 in
1949, $50,000
in
1950, $90,000 in 1951 to 1957,
$80,000 in 1958, and $70,000
in., 1959 and 1960.
$10,000, payable to
and
Denomination
15,
IQ^Q
tn
School
the County Treasurer.
64,000 Carneors-Los Amigos Un¬
ion Elementary
School Dis¬
trict bonds.
Due June 20, as
follows:
$3,000
in
1949 to
Dated
Due $2,000. Sept.
$1,000.
as
Elementary
bonds.
Sept. 15, 1948.
946,000
close
District
School
fol¬
lows:
$5,000 in 1949 to 1955,
$10,000 in 1956 to 1965, and
$35,000 in 1966 to 1970.
En¬
20,
.
Greenville
22,000
District
School
Napa
bonds.
City Treasurer.
Francisco
terest bids will be received and :
i*iiV,1954.
Treasurer.
310,000
San
center bonds. Dated. June
Connecticut
(State of)
Fund ; In
creased to $45,000,000r—A housin
Housing
Guarantee
proposed by Gov. Jame
C, Shannon was enacted on* Aiif
25
by a special session4 of th
legislature.
Main measure in'th
program increased iron* $i§,0$0,
000 to $45,000,000 a State fund
guarantee bonds of local hdujiin
program
authorities for the construction
c
total amount of interest which the
moderate
rental
housing. ,. Th
15, 1948. Denom. $1,000.
Interest
J-D. Due June 15, as follows: $5,- original $15,000,000 fund, create
by. legislation enacted in 1947^ Jia
000 in 1949, and $10,000 in 1950 to
all been earmarked to cities Jm
1966. Bidders will be permitted to
bid different rates of interest and about 700 apartments are .unde
to split rates irrespective of the construction. Legislation also wa
maturities of said bonds.
The in¬ enacted increasing the amortiza
fered
for sale
of interest.
bear the same rate
The best bid will be
determined by
deducting from the
-
districts would be required to pay
terest rate stated in the bid must
tion term for these bonds from 3
be in
to 50 years
rington of San Francisco, will be
maturity dates thereof, at the rate
or rates specified
in the bid, the
amount of the premium, if any,
bid therefor, and the award will
Dahlquist,
Neff
furnished the purchaser.
a
certified
or
&
Enclose
cashier's check
for
p.
Rock, at
$1,027,000 not to exceed 5% in¬
divided as
terest bonds,
in 1967 to 1973. Enclose a cer¬
tified
to the
from the date of said bonds to the
Orrick,
Ark. >.
Bond Sale—The $175,000 water
revenue bonds offered Aug. 31—
County
Sept. 7 for the purchase
on
1966.
as
charge.
Enclose a certified 0
cashier's check for $5,000, pay'abl;
Her-
ARKANSAS
Conway,
in¬
terest. Principal and interest pay¬
office.
wirth, County Clerk, will receive
sealed bids until 10 a.m.
(Calif.
$10,000 in 1949, $15,000 in 1950 to 1966, and $45,000
cashier's
bonds. Dated Oct. 1, 1948. Interest
able
June '20
Due
bonds,
,
follows:
W. T. Paasch,
office.
The
approving
opinion of Gust, Rosenfeld. Divel- A-O. Denom. $1,000. Due Oct. 1,
bess, Robinette
&
Linton,
of as follows: $2,000 in 1949 to 1958,
Phoenix, will be furnished.
En¬ and $3,000 in 1959 to 1968. No bid
urere's
bonds.
said
Donnen-
10
$580,000 Napa Union High School
terest
exceed
Offering—John
Bond
ing bonds, divided as follows:"
County Clerk, will receive sealed
not to
until
bids
withoi|
amount. Th«
approving the validity c;
will be furnished t
successful
bidder
withou!
cisco,
San
Clerk,
County
sealed
or
legal opinion of Orric.k. Dahlqjuis!
Neff & Herrington, of San Fran;
County School Districts
(P..O, Quincy), Calif.
will receive $44,500 Pioneer Elementary School
District bonds. Dated Sept. 15,
a.m.
(Calif.
1948. Denomination $500. Due
DST) on Sept. 14 for the purchase
Sept. 15, as follows: $2,500 in
of $1,081,000 not to exceed 5% in¬
1949 to
1965, and $2,000 in
terest coupon or registered build¬
hide,
District
(Calif. DST)
certified
to taxation b,
certain in.tan
limited rates)
limitation of rate
1,
A
(except
taxable at
Plumas
DST)
(P. O, Napa), Calif.
Offering—R. A. Dollar-
City
Myers, of Los Angeles.
of
Bond
$5,000.
Sept. 7 for the purchase of $50,000
office.
Treasurer's
was
Napa County School Districts
Martinez), Calif.
a.m.
1948.
Sept. 1,
as
follows:
$4,000 from 1949 to
1963, incl., and $5,000 from 1964
to 1968 incl.
Principal and inter¬
est (M-S) payable at the County
Sept.
Dated
bonds.
subject
City
gible personal property, which f
Denomination $1,000. Due
ty Treasurer.
of
Smith,
J.
Sept. 7 for the purchase of $85,000
not to exceed 5% interest build¬
ing
the
interej
all property withi
thereon upon
said
the
and
bonds
said
of
the
Offering—B.
County Clerk, will receive sealed
bids until 11 a.m. (Calif. DST) on
payable to order of the County
Treasurer, is required. Legality to
be
approved
by O'Melveny
&
Salinas, as 2V4S,
at a price of 100.005, a basis of
about 2.24%.
Dated Sept. 1, 1948
and due on Sept. 1 from 1949 to
1967 inclusive.
Second high bid
of 100.15 for $9,500 3%s and $9,000
as
bids until 11
Calif.
National Bank of
member of the
—
Aug. 23—v. 168, p.
County, Katella School
(P. O. Santa Ana),
check for- 3% of the bonds bid for,
County, San Ramon
School District (P. O.
Bond Offering
District
•
691—were awarded to the Salinas
Costa
1963
1964, $21,000 in 1965 and
1966, and $22,000 in 1967 and 1968.
offered
bonds
CALIFORNIA
and
Monterey
District,
County (P. O. Salinas), Calif.
Sale—The $18,500 school
45,000
Contra
New
Bond
approving opinion of Town-
FDIC, in the amount
payable to the CounW.
$18,000 in 1959 and I960; $19,000
in
School
Marina
1968.
a
The
—
of
Co.
has
1964,
bank that is
Trust
been named paying
agent for $18,200,000 general ob¬
ligation bonds, dated July 1, 1948.
York,
The bonds will be sold upon
purchaser free of cost the printed
ard Time) on Sept. 21 for the pur¬ bonds, transcript of the proceed¬
chase of $350,000 not to exceed ings, and the approving opinion.
Each bidder will be required to
3% interest series of 1947 sewer
file with his bid a certified check
improvement- and extension
Agent
Paying
for the rate used by the bid¬
bids until 8 p.m. (Mountain Stand¬
Orange
Bond
Angeles, Calif.
Names
Manufacturers
send & Townsend, of Little Rock,
and the County will furnish to the
on
1
proceedings.
Bank, of Los Angeles.
1% less than the rate of inter¬
valfie of the proposed. issue, pay¬
able to the Board of School Com¬
1,
Second
$25,000
in
1967, $30,000 in 1968, $31,000 in
1969, $32,000 in 1970, $33,000 in
1971, $34,000 in 1972, $35,000 in
1973, $37,000 in 1974, $38,000 in
1975, $40,000 in 1976, $41,000 in
1977, and $43,000 in 1978.
These
bonds were duly authorized at a
special election held Oct. 28, 1947,
and
at
its regular
meeting the
quorum court levied a special tax
of four mills for their payment,
which is now being collected. This
tax will be a continuing annual
1966,
1948, and due $5,000 on
from 1949, to 1963 incl.
high bid of 100.169 for
2V2s was made by the California
Sept.
Sept.
$23,000
in 1963, $26,000 in 1964, $27,000 in
1965,
tricts. The legal opinion of Orrick,
water Dahlquist, Neff & Herrington, of
works bonds offered Aug. 30—v. San Francisco, approving the val¬
168,
p.
891—were
awarded to idity of said bonds, will be fur¬
to
the successful bidder
R. H. Moulton & Co., of Los Ange¬ nished
les, as 2V2S, at a price of 100.469, without charge, together with a
certified copy of the transcript of
a
basis of about
2.43%.
Dated
LaVerne, Calif.
$75,000
Sale—The
Bond
5% of the bonds bid for, payable
to the County Treasurer.
be
a
multiple of lk of 1%. Prin¬
thereby decreasing
an
nual bond costs
which, it was esti
cipal and interest payable at the
County Treasurer's office.
Said mated, should reduce rents b
about $6 a month.
bonds are general obligations of
Among
other bills approve
the 'fCity and the Council thereof
made on the basis of the low- has power and is obligated to levy were measures increasing old ag
ad valorem taxes for the payment tensions from $45 to $50 a moptl
interest, cost to the dis¬
-
.
;
.■
:
.
.
r
'Mi'
,
■£■
.
Volume
168
Number 4731
.
,
■■"■■■:• •■:
„ ,
.
THE
■
.
;"i^V.'
fe.
COMMERCIAL. 5?
FINANCIAL
>i:'v
CHRONICLE
(991)
-
iiiiir
maximum; allowing Groton to is¬
$525,000
sue
water
for
in
bonds
to
finance
construction
works
needed
purchased
housing development;
and allowing Bristol to extend its
sewerage system to provide serv¬
for
future
portions
comities,
ticularly described
tions
housing.
bonds.
Each
of
to
the
be made
on
ries, separate bids
If bids
must
one
*
Delaware
y Bond
Storpy,
Offering
Secretary
receive
sealed
(DST)
chase
William
—
of
bids
State,
until
J.
will
considered
p.m.
1
borne
Court
revenue
Sept. 15 for the pur¬
$1,274,000 not to exceed
on
of
cost.
Reference
terest A-O.
1,
1948.
In-
Principal and interest
the Farmers Bank of
payable at
the State of
of
Delaware, Dover. Rate
a
multiple of
1/10 of 1%, and must be
interest to be in
Va
or
the
for all of the bonds. The
same
bonds will be awarded to the bid¬
der offering to take them at the
lowest rate of
interest, at not less
than
1
pioving opinion of
bonds
/the
will
be
award. The
issued to finance
construction
buildings
or
^buildings.
credit
*
the
of
Laws
auiy adopted
The
additions
of
the
State
the * State
or
pledged
taxation by
political
any
sub-
division thereof for any purpose.
The' purchaser will be furnished
,
with the opinion of Reed, Hoyt &
.
•Washburn, of New York City, that
the bon^s are valid obligations of
the -State.
.
livered
the
purchaser
the
at
Oct.
on
J1, 1-948.
The purchaser will be
/given. 72 hours' notice of the time
fixed
j
for
Enclose
| check
State
statutes
had for
and
resolutions
to
to
are
delivery of
certified
a
for
the
bonds.
cashier's
or
S25,480, payble
the
to
Treasurer.
the
effect
and
the
Enclose
for
of
2%
bonds
the
bid
for
Improvement
a
Florida Improvement Commission
ic: <p- O. Tallahassee), Fla.
Bond Offering—C. H.
/ Director, will
Overman,
receive sealed bids
.until 2:30 p.m.
(EST) on Sept. 21
purchase of $1,247,000
.jcoupon revenue bonds, divided as
I
for. the
follows:
i
$465,000 Dixie County, Series
10
payable to
Commission.
Commission,
bids
until
will
2:30
receive
on
Sept. 21 for the purchase of $3,600,000 coupon Palm Beach Coun¬
ty road and bridge revenue bonds,
series 20.
Dated Oct.
1, 1948. In¬
1, as follows: $5,000
in 1949, $20,000 in
1950, $35,000 in
1951, $55,000 in 1952, $70,000 in
1953, $90,000 in 1954, $120,000 in
1955, $140,000 in 1956, $175,000 in
1957, $190,000 in 1958, $205,000 in
1959, $215,000 in 1960, $225,000 in
1961, $240,000 in 1962, $260,000 in
1963, $280,000 in 1964, $290,000 in
1965, $305,000 in 1966, $325,000 in
1967,
and
$355,000
in
1968.
The
interest
ex¬
.bonds. Due Oct.
bonds
t//
in
.$25,000 in 1951 to
pressed in multiples of Va or 1/10
or
1/20 of 1%, at the lowest rate
$20,000
1953, $30,-
are
to
bear
000 in 1954 to 1956, $35,000 in
V.\i
i
obtainable when sold
1957
Commission reserving
to
1960,
and
$40,000
in
at
par,
the
the exclu¬
•
sive and unqualified right to de¬
County, Series 15 termine who is the best bidder and
-bonds. Due Oct. 1, as follows: to
reject any or all bids. Principal
V /.
-<$17,000 in 1949,
$15,000 in and interest payable at the Flor¬
'•
1950, $20,000 in 1951 and 1952, ida National Bank of
Jacksonville,
-$35,000 in 1953 and 1954, $75,- or the Central Hanover. Bahk .&
.:w
000 in 1955,-$100,000 in 1956 Trust
.Co., New York-City. The
and 1957 and $115,000 in 1958.
payment of said bonds and the in¬
fe250,000 Gilchrist County,; Series terest; thereon will be sefcured
by
k1 17. bonds. Due Oct l, as ,fol- a
pledge of a lien on the income
lows:- $10,000"iri 1949 to 1952, and revenue derived
from its con¬
1961 to
1963.
532,000 Leon
,k
by
and
from
to
water
The
will
of
•
The
the
Certificate
ceived
certificates
furnishing
for
certified
a
national
or
date
bid.
The
certificates will be
in
and
for
latter
were
during
been
the
many
is-
the
sub¬
Offering — Neil D.
City Clerk, will re¬
sealed
bids
Miami
Shores,
Fla.
Bond Offering—C. Lawton Mc-
Fla.
until
8
p.m.
(DST) on Sept. 7 for the purchase
of $200,000 not to exceed 3% in¬
terest
subordinate water
certificates.
Dated April
revenue
1, 1948.
Denomination
$1,000.
Interest
A-O. Due Oct. 1, as follows:
$5,000
-from 1949 to 1954
inclusive; $10,-
Call,
Village
ceive
sealed
(EST)
Manager,
bids
will
until
re¬
7.30
p.m.
and $40,000 in 1972.
Certificates
maturing Oct. 1, 1962 and there¬
after are optional for
redemption
prior to maturity in the inverse
order of
1, 1961
the
their numbering on Oct.
interest payment
or on any
thereafter
payment of
upon
principal amount thereof
and
must
bonds
may
of
name
ing
the
on
of less than
if
redeemed
terest
1%
if
redeemed
but prior
Oct.
1,
1966
No
in¬
par
for
must
rate.
same
and accrued in¬
less
Oct.
1, 1971 and thereafter with¬
payment
Village,
of
on
premium.
interest are
any
Both
principal and
payble in the City of New York,
N. Y.
These
certificates, issued for
improvements and extensions to
the
city's waterworks system, are
payable solely out of the net rev¬
of
enues
said
system, subject to
the prior payment and
superior
lien of water revenue certificates
dated Nov. 1, 1937, now outstand¬
ing
in
the
principal
amount
of
mined
such
by
cost
to
be
deducting
City
revenue
Due
in
be
''
*
$15,000 in 1953 to 1956, $20,;000 in
1957 to
1961. and $25,-
tract
of
lease-purchase
on
por-
subordinate water
revenue
cer¬
tificates now offered for sale,
they
will be exchangeable for an
equal
principal
amount of water rev¬
certificates 1948 issue, rank¬
on a parity with the water
upon all
property (excluding
and tangible per¬
sonal property within the Village.
of
Va
same
the
Florida
certified
Oct. h 1948. Denom, $!,-
000! The right is reserved to retire
izing the issuance of said bonds.
1946,
^11 or any part of the issues out¬
standing oil. any interest payment
or after Get. 1, 1958. The
bonds,'- are to bear.: interest ex¬
The bonds will be awarded to
the bidder whose bid produces the
lowest interest cost after deduct¬
late on
pressed in multiples of Va or J /10
1/20 of 1%, at the lowest rate
or
obtainable
when
sold
at
par
Commission reserving the
the
exclu¬
sive
and
unqualified right
to
determine who is the best bidder
and to reject any or all bids.
Principal and interest payable at
:he Barnett National
jonVille.
bonds
.
The
and
the
Bank, f ack-
payment
interest
of
said
thereon
a/ill be secured
by a pledge of a
first/ exclusive and closed: lien oh
the
income
and
revenue
derived
ing the premium offered if any.
Interest on the premium, if
any,
will not be considered as deduc¬
tible in determining the net in¬
terest cost. In
determining the net
interest cost, interest will be com¬
puted to the maturity date from
the first of October, 1948. Said
bonds will be issued and sold
by
the
Florida
Commission,
State
Improvement
revenue
certificates series
subordinate
to
countant
evidencing-that the
earn¬
ings of the waterworks system,
thO payments' made therefrom and
the funds then on
hand,
are
suf¬
ficient to permit of the issuance of
said
water
1948
issud
revenue
on
a
certificates
parity with the
water system revenue certificates
series 1946 within the limitations
contained in the ordinance au¬
State agency Com¬
posed of the Governor, Ch&if- thorizing the water system rev¬
man
of the State Road Depart¬ enue certificates series-1946.
ment and three appointed mem¬
Upon the filing of the aloresaid
bers, created by and existing un¬ certified public accountant's state¬
a
Co.
National
Of
or
Miami.
cashier's
$2,500, payable to the
be
specifying the lowest rate
interest
of
bids
are
same
and
if
submitted
lowest
rate
two
or
more
specifying the
interest, the
of
bid
Bank
& i cations
Enclose
check
a
Village.
or
GEORGIA
County (P. CL
Carrollton), Ga.
Bonds Sold-^-A syndicate com¬
posed of Wyatt, Neal & Waggoner,
Clement
A.
&
Hirshberg,
Varnedoe,
Savannah,
25
an
Co.
&
and
Co.,
J. H.
Norris
&
all Of Atlanta and
Chisholm
&
Co.
of
was awarded on Aug.
issue Of $600,000 2 V2% road
bonds at
of
Evans
price of 101.63, a basis
2.35%. Dated July 1,
Denomination $1,000. Due
a
about
1948.
$30,000 on Jan. 1 from 1950 to
1969 inclusive. Principal and in¬
terest (J-J) payable at the First
National
Bank
of
Atlanta.
Le¬
out
in
the
notice
of
pay-
City Treasurer's office,
at the office of the fiscal agent
the City in New York City.
The
Carroll
Hilsman
set
| sale. Principal and interest
for ! able at the
of
revenue
certificates dated Nov. 1,
1937, upon there being filed With
city clerk a statement by an
independent certified public ac¬
the
mination of the best bid shall be
the bid
total
water
the
will
the acceptable bidder
'
ing
but
and
of
naming such lowest fate of
interest and offering the largest
approving opinion of Mitchell & amount of premium shall be acPershing, Of New York City, will cepted. No bid will be considered
be; furnished without cost to the i that does not offer to purchase the
purchasers.
Delivery
will
be entire amount of the issue and
made on or about Oct. 1,
1948, at ! otherwise conform to the specifiTrust
system
1%,
all
est and not less than par and ac¬
The basis of deter¬
the Circuit Court of Dade
County*
rendered on July 19, 1948.
The
enue
floated
of
for
Certificates
crued interest.
authorized issue of $125,000.
The
bonds were Validated by decree of
tiohs of State roads and
bridges in
said
County, more particularly
described in the resolution author¬
t/V 000 in 1962 and 1963.
In¬
follows: $1,000,1963, and $1,500,-
•
$119,000, and water system revenue
Certificates series 1948, now out¬
standing in the principal amount
ot $495,000. By. the terms of the
1948.
Rate of interest to be
the
to
indebted¬
15,
offering the lowest rate of inter¬
real
a
a.m.
as
multiples
certificates.
homesteads),
of
11
Denomination $1,000.
000 in 1964.
total
ligations; unlimited tax
part
Sept.
Sept. 15,
awarded
a
until
certificates of
000 in 1962 and
all of the bonds until
tjjieir
respective maturities. General ob¬
are
bids
Dated
terest M-S.
upon
bonds
Offering—R. B. Upwill re¬
Comptroller,
sealed
must
The
provided for.
Chicago, III.
Certificate
amount of the premium bid from
the aggregate amount of interest
taxable
the
ILLINOIS
ness.
deter¬
the
as
additional
one
(DST) on Sept. 13 for the pur¬
chase of $3,500,000 not to exceed
2%% interest water works system
than all of the
bonds offered will be entertained.
The bonds will be awarded to the
or
and
year
revenue are
ceive
bear
No bid
out
1, 1971, and
year's
ham,
bidder offering to purchase them
at the lowest interest cost to the
to Oct.
current
bid
three
date
same
interest at the
2%
on
rate.
than
terest rates, and all bonds matur¬
accrued interest and
a premium of
prior to Oct. 1,
1966, thereafter at a premium of
cured fund until such time
specify in his
each
more
and
centage of the gross revenue shall
deposited in a specially se¬
bid the amount and maturities of
the
Works
be
Rate of interest
multiples of Va of 1%, ana
bidder
Water
sions for the benefit of the certifi¬
cate holders and the pledged per¬
Due May 1, as
$6,000 in 1949 to 1963,
$7,000 in 1964, and $3,000 in 1965.
Principal and interest payable in
in
&
The indenture
provides strong protective provi¬
follows:
to be
Bank
SeWerage System.
nomination $1,000.
each
Chemical
the
of
enues
Sept. 7 for the purchase
of $100,000 not to exceed 5% in¬
terest village hall bonds. Datec
May 1, 1948. Interest M-N.
De¬
on
OOQ^jxpm 1955 to >..1971 inclusive, ..New; York City.
the
lanta.. These certificates in the
opinion of Spalding, Sibley, Troutman & Keiley, of
Atlanta, are spe¬
cial obligations of the city, and
are - payable solely from and se¬
cured by a first closed lien on
66%% of the gross operating rev¬
cer¬
successful bidder.
years.
at
Trust Co., New York City; or at
the First National Bank, of At¬
will be furnished to the
tificates
thereafter
able
Broward
! approving the validity of said
dated Aug.
Denomina¬
are
Interest F-A.
prices: "Aug.
at 105; Aug.
at 104; Aug.
at 103; Aug.
validated by the Circuit Court of
the Fifteenth Judicial Circuit of
Florida
4
at the following
1,1955 to Feb. 1,1959,
1, 1960 to Feb. 1, 1964,
1, 1965 to Feb. 1, 1969,
1, 1970 to Feb. 1,1978,
at 102. Principal and interest
pay¬
$4,000 pay¬
city as a
guaranty of good faith in making
able to the order of the
the
1978.
$1,000. The certificates are
callable as a whole or in part in
inverse numerical order on Aug.
1, 1955, and any interest payment
by
of
sum
and
1, 1948.
cashier't
or
state
on a
the
qualify
1974
tion
offerea.
now
must
to
The certificates
in
county
and have
MacMillan,
.
,
issue
completed prior to the
delivery of the subordinate wate*
bidder
1954
inch; $9,000, 1972
inch; $10,000 in 1975
and 1976, and $11,000 in 1977
to
be
Each
Aug. 1: $4,000
incl.; $5,000
1958 incl., and
1968 to 1971
certifi¬
authorization, valida¬
1948
on
141,000 3V4S.
Due
on
Aug. 1:
$6,000 in 1962 and 1963; $7,000, 1964 to 1967 inch; $8,000,
certificates
notice there¬
revenue
Dickson
$6,000 from 1959 to 1961 incl.
exchange the
cause
S.
from 1950 to 1953
payment County, and the opinion of Wood,
"Osborn" paving1 King & Dawson, New York City,
Hollywood,
date
Oct.
O.
Settled—The
ject of litigation for
the
sealed
Claim
certificates
twenties
State
(EST)
p.m.
a
County
$157,000
sued
certified check
lb-
1, as follows:
1949
and
1950,
Of
certificates.
Bond Offering—C. H.
Overman,
Director of the State Improvement
Due
FLORIDA
;
x:
of
that
$59,000 3s. Due
given holders of the sub¬
ordinate
cates.
check drawn
revenue
be
legally
value of
by
check
Commissioners
recently agreed to the issuance of
$94,000 2y2% gas tax anticipation
proceedings
par
accompanied
Certificate
Involved will be delivered to the
purchasers of the bonds without
charge.
1948 issue and
revenue
Board
binding obligations of the Florida
Improvement Commission,
and, if requested, a copy of the
of
be
cashier's
State
transcript
the purchasers of
without charge. Each
bonds
must
to
County (P.
Tampa), Fla.
oh
terest A-O.
-V,
proceedings involved will
Hillsborough
Patterson, of
valid
for
Ga.
Sale—R.
follows:
as
certi¬
procure
statement
proper water revenue
bank
a
bonds
such
Commission.
more detailed
descrip¬
tion of the bonds.
The approving
such
obtained, to
available
for 2% of
the par value of the bonds bid
for,
payable to the State Improvement
sdid
may
file
and
make
va¬
county's
Charlotte, purchased re¬
cently an issue of $200,000 water
and
sewer
revenue
certificates,
state¬
certificates
sold
Court
Reference
be
ad
all of the
& Co., of
execution Of the water
bank
by judicial
Circuit
'
can
aforesaid
accountant's
revenue
bid
The bonds will be de¬
to
State Treasurer's, office,
5
the
Jacksonville,
.for the payment of the bonds and
-the interest thereon.
The bonds
jwill1 be exempt from
of
series.
school
to
are
decree
legally binding ob¬
ment
the
tion and
the
by the Com¬
bonds will be
Certificate
as
of to be
said
Florida, 1941, as
by Chapter 2821, Laws
of Florida, Acts of
1945, and pur¬
suant to Chapter
23758, Acts of
1947, and pursuant also to a resomission.
valid and
be delivered
of
opinion of Giles J.
The public faith and
of New
that
public
unlimited
on
Hart well,
water
obligated, at such time
indicate
Irom
lorem taxes
audit of the books and accounts
fied
Troutman & Keiley of At¬
lanta. Tne bonds were authorized
at an election on
July 10 and are
payable
exchange therefor, and the city
an
ley,
surrendered
of
amended
luuoii
certificates
gality approved by Spalding, Sib¬
with those
by the subordinate
ligations of the Florida State Im¬
Commission, and, if
requested, a copy of the transcript
three appointed members created
by and existing under Chapter
school
new
Caldwell, Mar¬
provement
Department and
each
determine
or
shall; Trimble & Mitchell
In
Governor, Chairman
ders
■will'
any interest payment date
aiter Oct. 1, 1958. The ap-
on
on
computed to the
from Oct. 1, 1948.
subject to validation
naming the same rate of in¬
the amount of premium
any part of the issue outstand¬
ing
are
420,
in
55
taxable property.
relating to its waterworks system
or
be
of the State Road
and numbers identical
will be
York, to the effect that such bonds
will
par and accrued interest to
date'-of delivery. As between bid¬
terest,
ana
19iu
The right is reserved to retire all
maturity date
building bonds.
Due Oct.1 The bonds will be issued and sold
follows: $65,000 from 1949 to by the Florida State
Improvement
1962 inclusive;
$64,000 in 1963; Commission, a State agency com¬
and $60,000 from 1964 to 1968 in¬
posed of the
Oct.
County.
statutes
of
amount
certificates
resolution may be had for a more
detailed description of said bonds.
as
Dated
said
interest
2% interest coupon or registered
clusive.
to
Beach
determining the net interest cost,
school
1,
of * Palm
principal
revenue
by judicial decree of the Circuit
deductible in deter¬
as
water
issue, bearing date, maturities, re¬
demption provisions, interest rate
se¬
be made
mining the net interest
equal
will be sold subject to validation
cost
after
deducting the
premium offered, if any. Interest
on
premium, if any, will not be
(State of)
an
or
terest
n-
a4
ment, the holders of subordinate
water revenue certificates will be¬
come
entitled to the delivery ot
are
as
DELAWARE
also to
each, all
above
to each series bid
on. The bonds
will
be awarded to the bidder
whose bid produces the lowest in¬
candidate for Governor.
Chapter1 420, Laws of Florida,
1941, as amended by
Chapter
22821, Laws, of Florida, Acts ot
1945, and pursuant to Chapter
23758, Acts of 1947, and pursuant
distinct, and
than
moie
of
der
resolution duly adopted
by said Commission.
Said bonds
of said offerings.
any
par¬
in the resolu¬
series is separate and
bids are invited on
Rejected by the special session
proposals for a direct sub¬
sidy housing program, advocated
by Chester Bowles, Democratic
oL State
more
authorizing the issuance
said
were
;
on
in said
loads
future
ice
Ti
from its several contracts of lease
certificates
form and
are
issued
in
registerable
as to principal in the office of the
City Comptroller. The certificates
are
payable solely from revenue
coupon
derived
water
from
works
are
operation of the
system, and are is¬
sued in accordance with ordinance
passed by the City Council, Aug.
16, 1948, and by Section 22-26 to
22-29, inclusive, of the
Cities and Villages Act,
approved
Aug.
15,
1941,
as
amended. Delivery of the certif¬
icates will be made at the City on,
or about Oct. 5,1948. Legal opinion
Section
Revised
of
Chapman & Cutler of Chicago
and
certificates will be furnished
•
56
(992)
>
by
THE
City.
the
Enclose
certified
a
check for 2%
of the par value of
certificates/ payable
to the
the
Comptroller.
City
Mount Clare, III,
Bonds Sold—An issue of
4%%
water bonds
was
$40,000
purchased
by Benjamin Lewis &
Chicago. Dated April 1,
1948.
Denom.
$1,000.
Interest
A-O. Due April
1, as follows:
$1,000 in 1952; $2,000 from 1953
to 1961 incl., and $3,000 from 1962
to 1968 incl. Principal and interest
payable at the American National
Bank
& Trust Co., of Chicago.
Registerable as to principal. These
bonds (part of a total authorized
issue of $45,000) are direct and
full obligations of the Village, and
all taxable
property within the
Village is subject to an unlimited
recently
of
Co.,
valorem
ad
tax
which
has
been
levied for the payment of princi¬
thd'bbnds. In
pal and interest
on
addition
tax,
to
the
the Village
will have income from the Water
Works.
Legality
approved
by
Chapman & Cutler, of Chicago.
callable
on June and Dec. 1, 1959,
102V2; callable on June and
Dec< 1> -1960, at 1021/4; .callable ,on
June and Dec. 1, 1961, at 102;
callable on June and Dec. 1, 1962;
at
101%; callable on June and
Dec. 1, 1963, at 101 %; callable on
June and Dec. 1, 1964, at 101%;
callable on June and Dec. 1, 1965,
at
at
101; callable
1, 1966, at 100%; callable
on June
1,1967, at 100 V2; callable
June and Dec. 1, 1968, at 100%.
on
In the event that all of the bonds
of
a
at
one
single maturity
are not called
time then the bonds being
called
within
a maturity
will be
impartial lot. Prin¬
cipal and interest payable at the
County Treasurer's office, Marion
County, as ex-officio Treasurer of
the City
and/or such bank of
trust company of office, whether
in Indianapolis or in Chicago or
New York City, or elsewhere as
hi'ay be' agreed upon between the
Board of Directors for Utilities
selected
the successful
and
bonds,
an
31—v.
168, p. 892—were awarded
the Harris Trust & Savings
Bank
of
Chicago,
sperger, Hughes
and
Raffen-
& Co. of Indian¬
apolis, jointly, as 1 % s,- at a price
of 100.079, a basis of about 1.479%.
Dated- Sept.
June
1, as
1, 1948 and due on
follows: $220,000 in
1952, and 180,000 in 1953. Second
high bid of 100.065 for l%s, was
made by C. F. Childs & Co., Chi¬
the
and
cago,
Bank
merce
&
Mercantile-Com¬
Trust
Co.
of
St.
Louis, jointly.
be
bidder for the
in the absence of such
or
specified
agreement,
Directors
of
for
same
Ind.
Bond Sale—The $400,000 school
improvement bonds offered Aug.
to
by
The' interest
Hammond School City,
June and Dec.
on
and Dec.
Board
INDIANA
t
COMMERCIAL
shall
rate
all maturities
the
by
Utilities.
for
the
be
shall
and
in
multiples of % of 1%. The
bonds are being issued for the
purpose of obtaining funds solely
for the acquisition of
revenue
producing property, betterments,
extensions and/or additions to the
existing
plant
system of the
and
distribution
Gas Utility of the
City pursuant to the provisions of
Bond
Resolution
No.
1,
1948,
adopted by the Board of Directors
for Utilities
Aug. 17, 1948, and
will be payable solely and exclu¬
sively from the revenues derived
by the City from the operation of
its
utility
gas,
bonds
on
properties.
to be issued
are
The
under the
Township School Township (P. O. Cedar Lake), Ind.
authority of the Indiana statutes,
including Chapter 77 of the Acts
Bond
of 1929, Chapter
of the General
Hanover
'
'
Sale—The
$50,000
school
bonds offered Aug. 30—v. 168, p.
892—were awarded to McDougal
&
a
Condon, of Chicago, as 2V2S, at
price of 100.41, a basis of about
2.42%.
due
1949
Dated
July 15, 1948 and
semi-annually from July 15,
to Jan. 15, 1959. Second high
bid
of 100.11 for 2%s was made
by the Indianapolis Bond & Share
Corp.
*
Bond
Sale—The $426,000
judg¬
funding bonds offered Sept.
1—v. 168, p. 791—were awarded
to RaffenSperger, Hughes & Co.
ment
of
Indianapolis,
as
IV2S, at
a
price
of 100.365, a basis of about 1.438%.
Dated
July
sive.
Sept.
15, 1948 and due on
from 1951 to 1958 inclu¬
1
Second high
bid of 100.189
for l%s, was made by the First
Boston Corp., New York.
Bond
Offering—Phillip L. Bayt,
Controller,
will
receive
sealed bids until noon (CDST) on
Sept. 15 for the purchase of $3,500,000 not to exceed 4% interest
gas utility revenue bonds of 1948.
Dated Oct. 1, 1948. Interest J-D.
Denom.
$1,000. Due June 1, as
follows: $75,000 in 1950, $77,000
in 1951, $79,000 in 1952, $81,000 in
1953, $84,000 in 1954, $87,000 in
1955, $90,000 in 1956, $93,000 in
1957, $96,000 in 1958, $99,000 in
■
City
the bid, will not be accepted. All
bids must be made without ad¬
1967, $860,000 in 1968, and $869,-
000} in 1969. Bonds maturing
on
out
:
request. Bids must be with¬
condition.
of
may
beginning at 104 on June and Dec.
.1953, and reducing % point
each year in each case with ac¬
crued interest to the date of re¬
1,
and
Dec.
able
on
103
1,
follows:
1954, at
on
was
Due $26,000 July 1, 1949, Jan. and
July 1, 1950 to 1956, and $27,000
Jan. and July 1, 1957 to Jan. 1,
the
bonds
successful
of
the
will
be
bidder
City.
furnished
the
at
the
expense
The successful bid¬
der shall not later than 5 days af¬
ter the date of acceptance of the
bid, notify the City Controller in
writing that it will or will not
the
consummate
bonds.
this
Failure
provision
default
purchase of the
to
comply
shall
entitle
and
the
City
a
to
retain the good faith deposit. The
successful bidder will be required
make
for the bonds
delivery thereof
(CST), not later
than 20 days after the acceptance
of the bid; but no bonds shall
be actually delivered to the pur¬
and
to
payment
accept
to
chaser
noon
until
the
purchase
price
thereof has been paid to the City
Controller/Time is of the essence
foregoing requirement. All
bidders shall be deemed to be ad¬
in
respect to the utility
property now owned by the City,!
as
to
the
revenues
available
taxes
rem
servicing of the bonds, and as
to all provisions and requirements
of said Bond Resolution No.
1,
1948.
and Dec.
1, 1956, at 103%; callable on June
and Dec. 1, 1957, at 103; callable
on June and Dec. 1,1958, at 102%;
All
solution
the
No.
terms
Enclose
bidders
a
of
1,
1948,
this
to
agree
and
notice
certified
or
all
be
of
be
to
taxable
cashier's
City Controller.
Shaw,
McDermott
School
Shenandoah
District,
Bonds Defeated—At
an
Iowa
election
the
District.
offering to
The
and
par
pay
crued interest and
ac¬
specifying rates
which result in the lowest net inerest cost to the District after the
deduction of premium. A certified
ransciipt
and
the
approving
opinion of Chapman & Cutler of
Chicago, will be furnished the
without cost
bidder
successful
lim.
on
Enclose
collected
all
011
interest rate and all other circum¬
a
to
certified check for
—
basis
a
of
about
2.11%.
Dated
July 1, 1948 and due semi-annual¬
on
Jan. 1 and July 1 from 1949
inclusive.
Second high
1967
to
by
101.545 for 2%s was made
composed of the First
the
at
Chase
National
Bank
of
New York.
County (P. O.
Whitesburg), Ky.
following bonds
have been called for redemption
on the dates specified: On Oct. 1,
1948—road and bridge 2%% re¬
funding bonds, Nos. 7 to 16, dated
April 1,
1946, payable at the
Trust
Louisville
4V2%
bonds
of
Nos.
32
Illinois
National
Bank
&
the
Transit
of
Company
commission
that basis
following the rejection of the fol¬
lowing sealed offers: Ketcham &
Nongard, 100.10 for 2%s; Vieth,
Duncan & Wood, 100.082 for 24/2 s
The bonds mature on Dec. 1, as
follows:
Bonds
maturing from 1956 to 1958 incl
are callable
on
Dec. 1, 1955, or
on any
subsequent interest pay¬
ment date,
if
Center
Y;-i
f
Junction, Iowa
Bonds Sold—An issue of
.
$8,000
water works bonds was sold to the
Monticello
State Bank of Monti-
cello, as 3 %s, at
par. Dated July 1,
1948 and due $500 on July 1 from
1949 to 1964 inclusive. Interest J-J
t
general
improvement
b.onds .offered Aug. 30 — v. 168,
r e e
a
of
Bank
Searsport Water District, Me.
Bonds
Sold—No
Not
submitted
for
bids were
the
$130,000 2%%
water bonds offered on Aug. 19—
v.
168, p. 492.
The bonds are
dated
Sept. 1,
Sept. 1, 1968.
1948
and due
on
MASSACHUSETTS
Duxbury,
bonds
Mass.
Sale—The $274,000 school
Bond
offered
892—were
Sept.
1—v.
awarded
to
168, p.
a
group
composed of Lee Higginson Corp.,
Estabrook
&
Co.
and
Whiting,
Stubbs, all of Boston,
at a price of 101.763, a
&
2%s,
basis of about 2.03%.
1948
1949
and due
to
for
.101.65
of
Dated Sept.
Sept.
on
1 from
inclusive.
1967
of
Second
2%s
was
& Co. of Boston.
Louisville.
ment
of
Public
announce¬
of
by the Rockland Trust Co.
Rockland.
100.91 for
Hughes,
sealed
(DST)
on
sealed
receive
a.m.
(CST) on Oct. 4 for the pur¬
$200,000 not to exceed 4%
bids
until
10
interest school bonds:
Dated Oct
1, 1948. Interest A-O. Due Oct. 1
as
follows: $8,000 in 1950, $9,000
in 1951 to 1953,
$10,000 in 1954 to
I960, $11,000 in 1961 to 1963, $12,000 in 1964 to 1966, and $13,000 in
1967 and 1968.
Principal and in
terest payable at the office of the
School Board Treasurer
or
specified by the purchaser
bonds
are
payable from taxes
to
rate
or
amount
on
as
all taxable
re¬
noon
bonds, divided
$50,000 street construction bonds.
Due 10,000 on Sept. 1 from
1949 to 1953 inclusive.
construction bonds.
$10,000 on Sept. 1 from
sewer
1953 inclusive.
<
.
50,000 sidewalk bonds. Due $10,000 on Sept. 1 from 1949 to
1953 inclusive.
All of the bonds
;;
are
vukY/*
dated
•
Sept,
Denomination
$1,000.
a
single rate of
interest, expressed in a multiple
% of 1%.
Principal and interest
1948.
1,
Bidder
to
name
payable at the National Shawmut
Bank of Boston.
Legality approved
Storey, Thorndike, Palmer &
Dodge of Boston,
v
by
Middlesex County (P.O. East
// Cambridge), Mass.
Note Sale—An issue of $250,000
at any
to be levied without limitation
until
follows:
as
Secretary of Parish School Board
chase of
Howard
will
Sept. 8 for the purchase
1949 to
will
bids
of $150,000 coupon
Due
Parish, Iota Sch. Dist.
No. 4 (P. O. Crowley), La.
Bond Offering—S. D. Pollard,
J.
—
City Treasurer,
ceive
bid of
high
made by Tyler
Mass.
Offering
50,000
Acadia
Third
was
Maiden,
Bond
LOUISIANA
The
2%s
the
of the system.
pose
bank
Ottumwa, Iowa
Bond Sale—The $40,000
obligation's t
of
Bank
name
National
made
$35,000 in 1949, and $50,-
000 from 1950 to 1958 incl.
Merchants
acquire the Louisville Railway
Company for the benefit of, and
to be operated by, the University
to
Vieth, Duncan & Wood, of Da¬ through the issuance of bonds
as
2V2S, at a price of Company officials, it was said,
100.123, a basis of about 2.475%. have indicated their desire to dis¬
on
the
high bid
a
venport,
sold
to
single
rate of interest,
expressed in a
multiple of % of 1%. Legality to
be approved
by Storey, Thorndike, Palmer & Dodge of Boston.
Delivery of bonds will be made at
for establishment of
to
were
on
of
National
Bidder
1,
bonds offered at Of about
$7,000,000, according to
time were sold privately
report, would be provided for
The bonds
receive
a.m.
purchase
Merchants
Proposed—Currently under con¬
sideration is a proposal providing
revenue
same
the
Boston.
as
proposal, according
to press advices from Louisville,
has been made by John H. Bickley, President of the Louisville
Railway Co. and Mayor Charles
Additional Sale —The $485,000 P.
Farnsley.
The purchase price
electric
Al¬
B.
will
as
follows: $6,000 in
1949, and
$5,000 from 1950 to 1959 inclusive.
Principal and interest payable at
Weeks
Louisville, Ky.
Purchase
Republic Co., of
Chicago, as 2s,
at a
price of
100.705, a basis of about 1.904%
Dated Aug. 1, 1948, and due Nov.
1, as follows: $4,000 in 1949; $6,000 from 1950 to 1959 incl., and
$7,000 from 1960 to 1962 incl.
Second high bid of 100.60 for 2s
was made by Ravenscroft & Co.
the
to
Trust Co., Chicago.
Central
Manager,
Sept.
$56,000
bridge bonds.
Dated Oct. 1, 1948.
Denomination $1,000. Due Oct. 1,
for
8
112, payable at the Continental Il¬
linois National Bank & Trust Co.,
IOWA
the
Offering—Bernal
City
refunding
Co.;
1940,
ental
Cedar Falls, Iowa
Sale—The $85,000
,
Me.
sealed bids until 11
Letcher
State Bank of
Bond
Bond
len,
Bond Call—The
Chicago; on April 1, 1949 — re¬
funding 4%% bonds of 1940, Nos
113 to 122, payable at the Contin¬
Whiting.
MAINE
Auburn,
Boston, for Boston funds.
National Bank of Chicago, Fletch¬
er Trust Co., Indianapolis, and the
a group
1968.
196/ and
in
property
of sale,
check for $100,000, payable to the
by
& Co.
stances
being equal, preference
within the
will be given to the most favor¬
School City. The approving opin¬
able bid of par and accrued inter¬
ion of Ross, McCord, Ice & Miller,
est or better specifying the lowest
of Indianapolis, will be furnished.
interest rate. Principal and inter¬
Enclose
a
certified
or
cashier's
est payable at the City Treasurer's
check for $5,000, payable to the
office: The city will furnish the
School City.
approving opinion of Chapman &
Warrick County (P. O.
Cutler, of Chicago. Purchaser to
Boonville), Ind.
furnish the printed
bonds.
En¬
Bond Sale Details—The Flecher close a certified check for
3% of
Trust Co., City Securities Corp., the amount of bonds bid for.
and Eaffensperger, Hughes & Co.,
KENTUCKY
all of Indianapolis, were associ¬
ated with the Indianapolis Bond
Estill County (P. O. Irvine), Ky.
Share Corp., in the purchase on
Bond Call
Road and bridge
Aug. 18 of $102,000 bridge bonds 31/2% refunding bonds, Nos. 76 to
—v.
168, p. 791.
The successful 79, dated Oct. 1, 1941, have been
bid was a price of 100.105 for 2s, a
called for payment on Oct. 1, 1948
the
for
the
made
100.362 for IV2S
in
aonds will be awarded to the bid¬
—
with
constitute
high bid of
property
der
Aug. 12 the voters defeated the
proposed issue of $300,000 build¬ $4,000, payable to the Treasurer of
1959.
Rate of interest to be in
the School Board.
ing bonds.
multiples of % of 1%, and not
Tangipahoa Parish Consolidated
more than one rate shall be named
Sioux City, Iowa
School District No. I (P. O.
Certificate Sale
An issue of
by each bidder. The bonds will
Amite), La.
be awarded to the highest quali¬ $110,000 paved roadway certifi¬
Bond Offering Details — The
fied bidder whose bid is submit¬ cates has been purchased by the
ted in accordance with the notice City Sinking Fund, as Is. Dated $445,000 not to exceed 4% interest
of sale.
The highest bidder will June 1, 1948. Due Nov; 1, as fol¬ school bonds being offered for
on
Sept. 9, as * previously
be the one who offers the lowest lows: $30,000 in 1949 and $40,000 sale
noted in v. 168, p. 693—are dated
net interest
cost to
the
School in 1950 and 1951. Interest M-N.
Sept. 1, 1948, and mature on Sept.
City, to be dtermined by comput¬
Waterloo, Iowa
1, as follows: $18,000 in 1950 and
ing' the total interest on all of the
Bond
Offering—H. W. Wente, 1951, $19,000 in 1952 and 1953,
bonds to their maturities and de¬
City Clerk, will receive sealed $20,000 in 1954 and 1955, $21,000
ducting therefrom the premium
bids until 5 p.m. (CST) on Sept. 15 in 1956, $22,000 in 1957 and 1958,
bid, if any. No bid for less than
for the purchase of $45,000 flood $23,000
in 1959, $24,000 in 1960
the par value of said bonds will
Dated Sept. 1, and 1961, $25,000 in 1962, $26,000
be considered. The bonds are di¬ protection bonds.
1948.
Due $4,500 Nov. ,1, 1949 to in 1963, $27,000 in 1964,
$28,000 in
rect obligations of the School City,
1958.
Bidders should specify the 1965, $29,000 in 1966, and $30,000
payable out of unlimited ad valo¬
to
relating to the issuance of
bound by the terms of Bond Re¬
Dec. 1,
June arid
103%; call¬
school improvement bonds of 1948,
second series. Dated Sept. 1, 1948.
Interest J-J. Denomination $1,000.
street
improvement bonds offered Aug.
30—v. 168, p. 693—were awarded
and
June
ond
3%
Utilities, as to the legality of
the issue, together with a certi¬
fied transcript of the proceedings
on
June, and Dec. 1, 1955, at
callable
exceed
interest
counsel for the Board of Directors
for
vised
June
t
Ross, McCord, Ice & Miller,
Indianapolis, and of Thompson,
& Smith, of Indianapolis,
payment date thereafter, in the
inverse order of their maturities,
on
to
O'Neal
of the
1953!, at 104; callable
-
<
The opinions of the legal firm
of
the option of the City be re¬
deemed prior to their maturities
on June
1, 1953, or any interest
at
as
not
bid of
prior
demption,
J* Callable
000
furnished by the City Controller,
1963. $115,000 in 1964, $119,000 in
•1965 $123,000 in 1966, $127,000 in
.
p. 791—were awarded to WheelCity, Ind
Offering—John L. Blox- ock & Cummins of Des Moines, as
Secretary of the Board of 1 %s, at a price of 100.375, a basis
School Trustees, will receive seal¬ of about 1.35%.
Dated-Sept. 1,
ed bids until 4 p.m.
(EST) on 1948 and due $10,000 on Nov. 1
Sept. 8 for the purchase of $525,- from 19.49 to 1952 inclusive. Sec¬
§ome,
ly
1959, $102,000 in 1960, $105,000 in
1961, $108,000 in 1962, $111,000 in
1960, and thereafter,
Terre Haute School
interlineations
or
era¬
sures, upon a form which will be
upon
Monday, September 6, 1948
Bond
—
to
June 1,
CHRONICLE
had
Indianapolis, Ind.
v
FINANCIAL
311, Acts of 1935, basis of about 1.996%.
Assembly of the
Whiting School City, Ind.
State, and all acts amendatory
/ Bond Sale
The $535,000 im¬
thereof and supplemental thereto.
Bids for less than all of the bonds provement bonds toffered Aug. 30
—v. 168, p. 791—were awarded to
of said issue or bids for less than
the Northern Trust Co. of Chicago
the face value of the bonds plus
and
the
Indianapolis
Bond
&
accrued interest from the date of
Share Corp of Indianapolis, joint¬
the bonds to the date of delivery>
at the rate of interest named in ly, at 2%s, at a price of 101.308,
ditions,
Indianapolis, Ind.
&
notes,
warded
chants
at
due
011
in
two
Aug.
National
0.65%
months,
27 to
Bank
discount,
the
of
plus
was
Mer¬
Boston,
.a
pre-
Volume 163
mium
of
Number 4731
The Newton-Wal-
$1/
tham
Bank
high
bidder,
0.65%, at
&
Trust
Co.,
named,
a
second
rate of
THE
COMMERCIAL
turity
multiple of 1/10 or Va of 1%. Ap¬
proving legal opinion of Faegre &
Benson of Minneapolis, as well as
the printed bonds will be fur¬
cashier's check for $1,700,
or
nished
Cloquet, Minn.
Certificate
Offering — J.
;
A.
Arbor, Mich.
Parks, City Clerk, will receive
Bond Sale—The $300,000 park¬
sealed bids until 7.30 p.m. (CST)
ing system revenue bonds of 1948
on
Sept. 7 for the purchase of
offered Aug. 30—v. 168, p. 393—
$25,000 pot to exceed 3% interest
were awarded to Jones B. Shann
Ann
Co., of Detroit. * Dated Sept. 1,
1948, and due serially on Sept. 1
from 1949 to 1962 incl.
Bonds
ma¬
turing from 1955 to 1962 incl. are
subject to prior redemption, on or
after Sept. 1, 1954, at varying pre¬
miums, depending on the date of
redemption.
Garden City, Mich• j
Certificates Purchased
tive
the
to
for
call
Rela¬
—
tenders
1, 1935 and Aug.
99.75.
Mich.
Bond Sale—The $90,000 aircraft
revenue
bonds
offered
hangar
on Aug. 31—v.
168, p. 893—were
awarded to the City Employees
Retirement System, the only bid¬
3s, at par.
Dated Feb. 1,
1948 and due on Sept. 1 from 1950
as
to 1961 inclusive.
Callable in in¬
numerical order, at par and
accrued interest, on any interest
verse
payment date.
Township Sch. Dist.
(P.O. Tecumseh),
No. 7
Mich.
Bond Sale—An issue of
school bonds
to
the
$180,000
on Aug.
Michigan Corp.,
awarded
was
First
and Jones B. Shannon &
Co., both
of
Detroit, jointly, at a price of
par, plus a minute premium, or a
net interest
cost of
1.832%, as
follows:
nomination
$1,000.
Due
$5,000
Sept. 1, 1953 to 1957.
The print¬
approving
opinion of Faegre & Benson of
Minneapolis, will be furnished the
purchaser.
Enclose
a
certified
ed certificates and the
check
for
bid for,
2%
Due
1949;
July 1: $22,000 in
$23,000 in 1950
and $45,000 in 1951.
•
the
of
certificates
payable to the City Treas¬
90,000 VAs.
on
Due $45,000
on
July
1 in 1952 and 1953.
Dexter,
Minn.
Bond Offering — The Village
Clerk will receive sealed bids un¬
til
Sept. 13 for the purchase of
improvement bonds. The
bonds
tion
authorized at
were
elec¬
an
July 15.
on
Bond Offering—The
cil
8
receive'sealed
will
until
bids
(CST) on Sept. 21 for the
purchase of $100,000 permanent
improvement
revolving
fund
bonds. Dated Oct. 1, 1948. Denom.
$1,000. Due $10,000 Oct. 1, 1949 to
p.m.
1958. Bidders to
name
of
1%.
Payable
at
check
of
bank draft in the amount
or
on
Aug. 16, but not
sold.
MINNESOTA
Cannon
Falls, Minn.
Warrant Offering — Gareth F.
will receive
sealed bids until 8 p.ih. (CST) on
Sept. 13 for the purchase of $85,€00
coupon
improvement war-
6 rants.
Clerk,
Dated
Sept.
1,
$1,000.
Due Sept. 1,
as follows: $4,000 in 1949 to 1963,
and $5,000 in 1964 to 1963, optional
Sept. 1, 1958.
Bidders to name
the
of interest in
rate
or 1/10 of 1%.
interest payable at
and
banking
nated
by
■warrants
the
are
multiple
a
J of Va
able
Principal
any suit¬
institution
desig¬
purchaser.
These
an
obligation
of
-combined Water and Sewer Main
Improvement No. 1 of said City.
I The total cost of said improve¬
City
will
Clerk,
Paul A.
receive
(CST) on
Sept. 7 for the purchase of $90,000
street improvement certifi¬
cates.
Dated Sept. 1, 1948. De¬
$1,000.
Due
$9,000
of interest. Bids will be computed
according
and the approving opinion of Har¬
old
W.
Moody,
and
Briggs,
bert, Morton, Kyle
of St. Paul.
Gil¬
& Macartney
Enclose
good faith
bank draft for $2,000.
or
a
Offering—LeRoy V. AlVillage Clerk, will receive
bids until 8 p.m. (CST) on
Sept. 7 for the purchase of $63,000
permanent
improvement
vin,
sealed
Dated
bonds.
Oct.
nomination
$1,000.
follows:
1,
1948.
De¬
$4,000
Due
Oct.
1,
in 1951 and
1952, and $5,000 in 1953 to 1963.
Bids may be
submitted stating
as
one or
more
tiples of Va
interest rates in mul¬
1/10 of 1%. Prin-
or
ciipal and interest payable at
any
designated by the purchaser. The
OOO of the total cost shall be
Benson
paid
of
general and ad valorem
taxes against all property in the
City (20% of this issue)—the re¬
mainder to be assessed
against
Counsel
of a de¬
collections, the City
benefited property.
suitable
in
Council
has
fect
a
benefit
the
authority to ef¬
temporary loan for the
these warrants.
It is
of
expected by the City Council that
the
liquor store fund will be
available for this purpose if neces¬
No bids for less than par
will be considered. Delivery with¬
sary.
in
80
days after
sale.
All bids
must be made subject to the ap¬
proving legal opinion of Dorsey,
Colman, Barker, Scott & Barber
of
Minneapolis,
opinion
whose
must be paid for by the purchaser.
►The
printed warrants will be fur¬
nished
without
Bids
cost
will
to
the
be
pur¬
preferred
according to the lowest net in¬
terest, cost, total interest to ma¬
chaser.
bank
of
furnished.
check
or
or
trust
company
opinion
approving
of Faegre &
Minneapolis, will be
Enclose
bank
certified
a
draft
for
$1,500
are
offers the lowest net
com¬
Renville
No. 89
Offering
—
the
and
Bank
of
ciated
Robbinsdale
First
on
Robbinsdale,
with
the
State
were
First
Principal
and interest payable at any
able
bank (or
successful
trust
suit¬
company
the
bidder may designate.
Split rate bidding permitted. Rate
or
rates
ol interest
to
be
in
a
from
1956
dated
Sept.
March 1,
on
1949,
or
It
is
the
intention
of
the
the
the cost of validation, and the ap¬
proving
opinion
Trauernicht
of
of
St.
Charles
&
Deliv¬
Louis.
ery
of the bonds will "be made to
the
Miss.
purchaser
the purchaser.
Aug. 24 the voters defeated the
issue of $300,000 street
improvement bonds.
on
proposed
cashier's
or
for
2%
a
about
of
Aug. 1, 1948.
1.927%.
Due $4,000
Charles
Trauernicht
of
Aug.
000
Offering
receive
be
a.m.
(CST)
—
sealed
Due
Sept.
1,
for the
in
and
interest
Bank
1953
of
sold
be
to
1957.
Principal
payable at the First
The
Biloxi.
der's
fied
done at the expense
and
subject
Charles
Louis,
the
of
fees
their
St.
purchaser to pay the
bond
attorneys for
opinion.
be
of
the
credit and
will
to
which will be
of the County,
approval
by
The
full
faith,
of the County
resources
pledged for
principal and
interest of the bonds as they sev¬
erally become due. These bonds
are part of a $1,300,000 issue. En¬
irrevocably
the payment of the
close
a
certified
or
cashier's check
Meridian, Miss.
Bonds Defeated—At
election
ordered Aug. 31 by Housing Expe¬
diter
Tighe E. Woods.
on
his
of
an
own
initiative,
OIIE survey
He acted
on
the basis
which showed
that the demand
^rental hous¬
Bond
NEW HAMPSHIRE
Sullivan
County (P. O.
Newport), N. H.
Bond Offering
15 for the
purchase of $85,000
cou¬
pon Records
Building bond&
Dated Sept. 15, 1948, Denom; $1,000. Due
$5,000
Sept. 15 from
on
1950 to 1966 incl. Bidder to
name a
single rate of interest, expressed
in a multiple of Va of l%:
Prin¬
cipal and interest (M-S) payable
at the First National Bank of Bos¬
The
ton.
bonds will be approved
legality by Storey, Thorndike, Palmer 8c Dodge of Boston.
Delivery at First National Bank of
Boston, 45 Milk St., Boston.
v
to
as
NEW JERSEY
Bound
Brook,
N.
J.
Offering—John P.
Borough
Koeh-
Treasurer, will
sealed
bids
until
8
re¬
p.m.
on
interest coupon or registered gen¬
eral improvement bonds.
Dated
Oct. 1, 1948. Denom. $1,000.
Oct. 1, as follows: $4,000 in
and 1950, and
$5,000 from 1951 to
inclusive.
1958
Due
1949
Bidder
to
name
a
single rate of interest, expressed
in a multiple of Va or 1/10 of 1%.
Principal and interest (A-O) pay¬
able
the
at
First
National
Bank,
of
amount
of¬
check for 2% of the bonds bid for,
payable to order of the Borough
Treasurer, is required.
Legality
to be approved by Caldwell, Mar¬
if desired,
Enclose
at bid¬
certi¬
a
>
Bound
Brook.
A
certified
shall, Trimble & Mitchell of New
York
City.,
Bond
\
;
;
.
31—v.
Offering
sealed
—
bids
until
11
a.m.
(CST) on Sept. 14 for the purchase
of
$450,000
general
obligation
bonds, divided as follows:
$200,000
parental school
April 1, 1952.
250,000 county home bonds. Due
April 1, 1951.
county
bonds.
Due
.
All of the bonds
1948.
are
Principal
dated Oct.
interest
(A-O) payable at the Commerce
Trust Co. of Kansas City. Each
issue must
interest,
bear the
expressed
and
in
a
multiple
of Va of 1%.
County will pay cost
the bonds and also
provide the legal opinion of Stinson, Mag, Thomson, McEvers &
Fizzell of Kansas City. A certi¬
printing
check
bid for
for
must
2%
of
the bonds
the bid.
accompany
16*8,
to Ira
MONTANA
J.
j.
$175,000
emer¬
792—were awarded
p.
Haupt & Co., of New York,
and J. B. Hanauer & Co., of New¬
ark, jointly, as 21/sS, at a price of
100.107, a basis of about 2.099%.
Dated Sept. 1, 1948 and due on
Sept. 1 from 1949 to 1968 incl.
The $140,000 bonds maturing from.
1954 to 1968 are subject to prior
redemption on Sept. 1, 1953, Or on
subsequent interest payment
date, at varying premiums, de¬
pending on the date of redemp¬
tion. Second high bid of 100.109
for 2.15s was made by B. J. Van
any
Ingen & Co., of New York.
Florence
Township (P.
Florence), N. J.
rate of
same
Orange, N.
Sale—The
housing bonds offered Aug.
gency
W.
fied
County
e
Commissioners will receive sealed
bids until 2 p.m. (DST) on Sept.
re¬
re¬
1,
Th
—
'
interest,
Truston
ceive
In¬
of
Kirby, County Treasurer, will
Bond
Offering
>
Charles B.
Township Clerk, will
Green,
bids
sealed
ceive
—
O.
until
8
re¬
p.m.
Sept. 15 for the pur¬
chase of $194,000 not to exceed 6%
(DST)
on
interest
coupon
or
registered
bonds, divided as follows:
$161,000 water bonds of 1948.
33,000
general improvement
bonds.
Fort Benton, Mont.
>
Bond
City
Offering
Clerk,
—
Dated
L. G. Wright,
receive sealed
bids
until
8
p.m.
(Mountain
Standard Time) on Sept. 20 for
the purchase of $55,000 not to ex¬
will
ceed 4% interest storm
tem bonds.
terest
J-J.
sewer sys¬
Dated Jan. 1,
1949. In¬
Amortization
bonds-
will be the first choice and serial
sonably met.
J
Council.
,.
be
County (P. O. Inde¬
pendence), Mo.
bonds
t
in
to
MISSOURI
feeefL rea¬
/;
interest
Jackson
ing in the country has
„
1949
designate
| payable to the County.
of
an
1 from 1949 to 1968 inclusive.
terest A-O.
East
'
auction
cashier's check for $6,000,
or
bonds will
Trauernicht
&
expense.
at
purchased by the
First Trust Co. of Lincoln, as 2%s,
at a price of 101.10, a basis of
about 2.57%.
Due $10,000 on Oct.
the
and
ney's opinion,
to validation by
subject
the Chancery Court,
interest
to furnish blank bonds and attor¬
follows:
as
to
rates
or
spectively,
$25,000 in 1949 to 1952, and $75,000
paid
Denomination
M-S.
6%
rates of interest. Successful bidder
purchase of $475,000 not to exceed
5%
interest
coupon
road
and
bridge bonds. Dated Sept. 1, 1948.
Interest
receive
.
fered for the bonds with different
bjjds until 10
Sept.; 14
on
Bidder
the rate of
offered
were
Sept. 21 for the pur¬
chase of $48,000 not to exceed 6%
Due $11,000 Aug. 1,
bid
bonds
Aug. 24
(DST)
Denomination
1973.
to
',a
Sale—The $200,000 water
ceive
Dated Aug. 1, 1948.
his
O.
a.
McCook, Neb.
Bond
ler,
Chapman,
will
F-A.
Interest
C. J. Darby.
Clerk of the Board of Supervisors,
will
over
nuaily.
Legality to be approved
by Chapman & Cutler of Chicago.
Bond
Woodville
exceed
school bonds.
St.
$1,000.
County (P.
Gulf port), Miss.
Bond
to
not
utility revenue
$1,000. Due
period of
16
Interest payable semi-art-
years.
bonds
(CST) on
Sept. 6 for the purchase of $275,-
Louis.
Harrison
of
sealed bids until 1 p.m.
Legality approved by
&
Clerk,
Van
receive
exchange
or
amount
County,
A.
will
Denomination
certified
a
Clerk,
electric
bonds.
annually
for, paybie to the City.
Chancery
|_from 1949 to 1958 inclusive. In¬
terest F-A.
Enclose
check
the
(P. O. Woodville), Miss.
Dated
011
before Nov.
Bond Offering—J. Y.
price of 100.401,
2s, at
as
basis
a
or
Consolidated School District
by J. S. Love Co. of Jackson, and
Weil & Arnold of New Orleans,
jointly,
of
Wilkinson
Sale—An issue of $40,000
bonds has been purchased
sewer
011
15, 1948, at place to be designated
by the purchaser without cost to
election
an
200,000
on
issue, less the premium spe¬
cified in the bid.
The City will
pay for the printing of the bonds,
MISSISSIPPI
Biloxi,
Offering—J.
City
revenue
are
of the
purchase
Paul Fuller,
prior notice.
$6,000
highest upon the basis of
the total interest cost over the life
asso¬
Bank of
Bonds Defeated—At
Bond
Anda,
sealed bids until 8 p.m. (CST) on
Oct. 5 for the purchase of
$1;-
fol¬
as
any
is
National
exchange for $9,500, payable to
the County.
and accrued interest upon
days'
1,
Denomination
$1,000.
maturing in 1957 and 1958
callable
■
par
Sept.
Mayor and Board of Alderman to
St. Paul,
decide which of the bids submitted
of
on Aug. 24 the voters defeated the
following bond issue proposals:
street resurfacing and
for the purchase of $100,000 cou¬ $250,000
pon building bonds. Dated July 1, $80,000 sanitary sewer construc¬
tion.
1948. Denom. $1,000.
Due July 1,
as follows: $5,000 in 1951 to 1960,
Montgomery County (P. O.
and $10,000 in 1961 to 1965.
All
Winona), Miss.
bonds maturing after July 1, 1960,
Kent Conttrols Removed—Re¬
being subject to redemption and
moval of rent controls from Mont¬
prepayment on said date and any
interest payment date thereafter gomery County, Mississippi, was
30
Due
1948.
bid.
Bank
District Clerk, will receive sealed
bids until noon (CST) on Sept. 10
at
:
;
and
Details—The
Sale
National
County Indep. Sch. Dist.
(P.O. Danube), Minn.
Bond
inclusive,
subsequent interest pay¬
pared by computing the total in¬ ment date, at par nd accrued in¬
terest at the rate specified from
terest, in inverse numerical order.
date of issue to maturity, less any
Principal and interest payable at
premium offered. Enclose a certi¬ a place designated by the bidder,
fied or cashier's check for $2,000,
subject to approval of the Mayor
payable to the District Treasurer. and the Board of Alderman. Rate
of interest to be specified in the
Robbinsdale, Minn.
or
payable to the Village.
states that; in the event
ficiency
1,
Bonds
$1,000.
Mound, Minn.
Bond
follows:
to 1958 inclusive.
bidder who
be
1955
All of the bonds
The bonds will be awarded to the
will
as
«.*
■
Fremont, Neb.
receive
$6,000 from 1956 to 1958
incl.
days after, the sale, or thereafter
at
the option of the purchaser.
Bids
to
•
lows: $5,000 frorfi 1949 to 1955
the
cost.
1949
bonds.
of the bonds to be made within 30
to
ment
(already completed) was
$98,708.73.
The City Council has
heretofore determined that $17,out
of
<■
Bond
—
will
47,000 special street improvement
of
bids
bids until 8 p.m.
sealed
De-
1948.
nomination
7
may
be
the taxable
the
territorial
all
within
District, within the
limits prescribed by law. Delivery
Moorhead, Minn.
Certificate Offering
Clerk,
inclusive.
which
taxes
property
limits
and
Canton, Miss.
the lowest net in¬
terest cost.
Principal and interest
payable at any suitable bank or
trust company and the City will
furnish
the
printed
certificates
City
from
both
from ad
interest
upon
$2,000, payable to the City.
Sept. 1, 1950 to 1959, optional Sept.
1, 1953.
Bidders to name the rate
Cohley,
and
suitable
any
bank or trust company designated
by the purchaser. The approving
opinion of Faegre & Benson, of
Minneapolis, will be furnished the
purchaser.
Enclose
a
certified
inally offered
T
the
Minneapolis in the recent
of $100,000 emergency
debt certificates, as IV2S, at a price
of 100.027, a basis of about 1.48%
the rate of —v.
168, p. 894.
high bid of 100.142 for
by Halsey, Stuart &
Co., Chicago. The issue was orig¬
made
was
principal
First
City Coun¬
with
accordance
Certificate
Hopkins, Minn.
nomination
Second
2s
in
the
of
terms thereof, payable as to
interest
urer.
Cook,
$90,000 2s.
District,
obligations
interest in multiples of Va or 1/10
Tecumseh
30
De¬
$18,000
Pontiac,
der,
M-S.
City
sealed bids until 7:30 p.m. (CST)
oh Sept. 14 for the
purchase of
$100,000 bonds, divided
valorem
Interest
child,
pur¬
# r
Roths-
$53,000 street intersection bonds.
Due Sept. 1, as follows: $5,000
general
-57
NEBRASKA
•
"^Bond Offering -L' J.~W.
ing
levied
1948.
1,
the
to
cost
(993)
chaser. In the opinion of counsel
these bonds are valid and bind¬
Sept.
on
1, 1939, the city purchased $4,000
principal amount at a price of
without
certificates of indebtedness. Dated
Aug. 23 of certificates of indebt¬
edness dated Dec.
CHRONICLE
tified
MICHIGAN
&
FINANCIAL
dates specified, less- any
premium offered.
Enclose a cer¬
payable to the City Treasurer.
par.
&
the
second
choice
of
the
Oct.
1, 1948. Denom. $1,-
000. Due Oct. 1, as follows: $10,000
from
1949
to
1967
inclusive, and
$4,000 in 1968. Bidder to name a
single rate of interest, expressed
in a multiple of Vs or 1/20 of 1%.
Principal and interest (A-O) pay¬
able
at
the
First
of Florence. A
National
Bank
certified check for
$3,880, payable to order of the
Township, is required. Legality to
be approved by Hawkins, Delafield.jfc.TOpd '.ol.New .York,.
.
58
Wilbur, Borough
sealed
ceive
(DST)
6%
Clerk, will
bids
until
$113,000
interest
jointly,
lows:
100.06, a
The two
1957
re¬
8
pur¬
not
Oct.
.■
improvement
general
1958 inclusive.
to
der
to
single rate of interest,
check
ex¬
19780
able
a
A
1%.
or
made
of the bonds,
of
the
Inc.,
Verona, N. J.
Offering — Clemens
Bond
sealed
ceive
C.
until
bids
8:15
p.m.
(DST) on Sept. 14 for the purchase
of $119,000' not,to exceed.6% in¬
terest coupon or registered sewei
improvement bonds.
Dated Sept.
1948.
Denomination $1,000.
Due
pay¬
City Treas¬
Sept. 1, as follows: $5,000 in 1949
$6,000 from 1950 to 1968 in¬
Principal
and
interest
and
'
New
Jersey (State of)
Offering—Christopher H.
clusive.
payable
(M-S)
Ellin, Secretary of Issuing OffL
cials, will receive sealed bids untill 11 a.m. (DST) on Sept. 21 for
the purchase of $5,000,000 not to
exceed 2V2%
interest series F,
J.
\ /
Offering---John L. Snitz-
Rippel,
Kreuder, Borough Clerk, will re^-
Trimble & Mitchell of New York.
Bond
A.
Julius
by
and F. R. Cole & Co., j oin ay.
certified
A
office.
order
to
single rate of in¬
a
2%
for
to
1959
inclusive,
Second
high bid of 100.139 for 2.30s was
urer/is required.
Legality to be
approved by Caldwell, Marshall,
New Brunswick, N.
Bond
name
Treasurer's
multiple of % or 1/20
certified./check for
$2,260. payable to order of the
Borough, is required. Legality to
be approved by-Hawkins, Delafield & Wood of New York City.
pressed in
to
terest, expressed in a multiple of
V4 or 1/10 of 1%.
Principal and
interest (M-S) payable at the City
Principal and interest (A-O) pay¬
able at the office of the Borough
a
or
Trust
Bidder
Co.
Verona
the
at
to
name
a
single rate of interest, expressed
in a multiple of % or l/20th of
1%.. A certified check for $2,380,
will receive
a.m.
(DST)
on Sept. 14 for the^ purchase of
Act of 1930, coupon or registered payable to order of the Borough,
$375,000 not to exceed 6% interest
is required.
Legality to be ap¬
improvement 'bond s.
coupon or registered bonds, di¬ highway
Dated July 1, 1948. Denom. $1,000. proved by Hawkins, Delafield &
vided as follows:
Due annually on July 1 from 1950 Wood of New York City.
$109,000 improvement assessment
<g> o 1983 incl. Interest J-J.
Woodbridge Township(P. 0»
ler, City Treasurer,
sealed
bids until
11*
The interest rate and
maturity will be determined upon receipt
of bids and offers may be made on
2%:
2
1%%
1950—
$110,000
$110,000
$110,000
$100,000
$100,000
$100,000
$100,000
1951—
110,000
110,000
110.000
110,000
100.000
100,000
100,000
$100,000
100,000
1952—
120,000
110,000
110.000
110,000
110,000
100,000
100,000
100,000
110,000
:
,
y. %
'
to Julius A. Rippel, Inc., of New¬
.110,000
110,000
100,000
100,000
110,000
110,000
110,000
a
110,000
110,000
110,000
110,000
Sept.
120,000
110.000
110,000
110,000
110,000
120,000
120,000
120,000
110,000
110,000
120,000
110,000
110,000
1954—
120,000
120,000
120,000
iio.ooa
120,000
120,000
1956—
120,000
120,000
1957—
120,000
120,000
1958—
110,000
110,000
*
130,000
130,000
120,000
120,000
120,000
120,000
120,000
120,000
(120,000
1959—
130,000
130,000
130,000
120,000
120,000
120,000
120,000
120,000
1960—
130,000
130,000
130,000
130,000
130,000
120.000
120,000
1961—
130,000
130,000
130,000
130,000
130,000
130.000
130,000
140,000
130,000
.130,000
130.000
130,000
130,000
130,000
of
1948
1,
130,000
1963—
140,000
140,000
1964
140,000
140,000
140,000
140,000
140,000
140,000
130,000
140.0QO
140 000
140 000
140,000
140,000
140,000
140,000
1966—
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
1967—
150,000
150,000
150,000
150,000
150,000
150,000
140,000
140,000
1968—
150,000
150,000
150,000
150,000
150,000
150,000
150,000
2.11%.
and
150,000
1*0 POO
150.0(10
150.000
150,000
150.000
150,000
150,000
•
1970—
150,000
150,000
150,000
160,000
150,000
160,000
160,000
160.000
1971—
160,000
lbo
iou.uud
loo.uUO
160,000
160,000
160,000
160.000
160,000
160.000
160.000
160,000
160,000
160,000
160,000
1972—
1973—
160,000
160,000
160,000
160,000
160,000
170,000
170,000
170,000
170,000
1974—
160,000
170,000
170.000
170,000
170,000
170.000
170,000
170,000
1975—
170,000
170,000
170,000
170,000
170,000
170,000
170,000
170,000
170,000
180,000
180,000
180,000
180,000
180,000
170,000
170,000
•
170.000
180,000
180.000
180,000
180,000
190,000
170,000
180,000
180,000
180,000
180,000
190.000
190,000
190,000
180,000
1977—
1978—
180,000
180,000
190 000
190,000
190,000
190,000
due
coupon
recreational area
on
180,000
190,000
190,000
190,000
190,000
200,000
180,000
190X00
190,000
190,000
200,000
200,000
200,000
200,000
1982__
190,000
190,000
190,000
200,000
200,000
200.000
210,000
210,000
Dated
able
1983—
190,000
190.0.0
190,000
200,000
200,000
200,000
210,000
210,000
limitations
Within the above
as
required to bid for all of the $5,000,000 bonds offered, to
name a single rate of interest which all of the bonds are to bear, and
to bid not less than par for the bonds.
The right is reserved to reject
bidders
are
all bids and to waive all informalities in bids.
Unless all bids
rejected, the award will be made to the bidder complying with
the terms of sale and offering to purchase all the bonds at the lowest
of said interest rates, without reference to premium.
If two or more
bidders offer to purchase said bonds at the same lowest rate of inter¬
Sept.
a
or
bonds.
of the House
Sept. 1 in rejecting
on
a vote of 33 to 12, a proposal to finance a $105,000,000 soldier bonus
bond issue by a State lottery served to end the possibility of such a
by
project this year.
the
Created—
Authority
Turnpike
new
legislation would be an
New Jersey
Turnpike Authority to construct
express
highway
Groven
in
and
around
New
bill
creating
the
in
a
maintain toll
highways was
•
Salem
from
Penns
County
to
Brunswick
in Mid-
15.
David
Van
Alystyne,
Republican,
who introduced the bill, declared
County
Jr.,
Bergen
that
establishment
of
the
Senator
Turn¬
Alstyne asserted
that because New Jersey is a "cor¬
ridor"
State, with hundreds of
housands
of
vehicles
passing
through annually, a toll road run¬
ning from the southwesterly to
the northeasterly section of the
pike Authority was needed as the
first step in getting to work on a
long-range highway construction
program, overall needs of which
he estimated might run between
$400,000,000 and $700,000,000..
three-member
Van
;
State "would be about
authority,
set up
ful as. any
bonds to be retired from tolls col¬
as success¬
Alfred E.
in the State Highway De¬
partment,^ will
issue
revenue
faith
State will not
thority will
tolls
finance
and
credit
In
advocating toll roads, Gov.
Driscoll had expressed
the opinion that truck operators
and others would be willing to
of
be pledged to
bonds. The au¬
pay
for
wise
be permitted to use
one
highway to
construction of other
Bond Sale
bonds
hiring
engineering
technical assistance
Firt
road
it
or
may
contemplated
other
need,
under
I
routes that other¬
not be
Ocean
highways. It will have a free hand
in
express
would
from
the
in the country.''
City, N. J.
The $110,000 jetty
Aug. 30—v. 168, p.
—
offered
available.
due
1949
to
debt af¬
that
•
Comptroller's recom¬
mendation, an appropriation
sufficient to finance the
The
the
taxes will be
annual
budget.
appropriation for the fiscal
year 1948-49 is $475,000, which
should be ample fpr the purpose.
Diminishing—-It
is with considerable elation that
Bonded
York
New
offered
Second
Aug. 24—V.
high bid of
made
was
for
par
by the Manufac¬
Traders
&
turers
Co.
Trust
of
Buffalo.
No.
Paying
Debt
United
The
—
has
been
appointed paying agent and
registrar
for
$2,135,000
school
bonds.
Babylon
and
Huntington
No.
R.F.D.
Union
16 (P. O.,
Free Sch. Dist. No.
4, Huntington),
York
New
r
.
.
$138,000 build¬
Bond Sale—The
offered Aug. 26 were
to Roosevelt & Cross, and
Co., both of New York,
ing bonds
as
100.13.
Dated
tion
1954 to 1958
•.
/
...v
equipment bonds.
Due
1, as follows: $35,000 in
1949, .and $30,000 from 1950
;
inclusive.
1953
to
*
incinerator bonds.
Due
Oct. 1, as follows:. $28,000 in
1949; $25,000 from 1950 to
1953 inclusive;
$35,000 from
1954
to
1959
inclusive, 'and
458,000
,
$30,000 from 1960 to 1963 in¬
clusive.
All of the bonds are dated Oct. >'
Denomination
1948.
1,
Bidder
to
name
$1,000.
single rate of
a
interest, expressed in a multiple
of l/10th or ViJ of, 1 %.
Principal
and interest (A-O) payable at the*
office. A cer-4
$14,820, payable
City, is required.
Legality to be approved by SuL
livan, Donovan & Hennehan of
New York City.
Treasurer's
City
tified
check
for
order of the
to
North
Hempstead Union Free
11 (P. O.
^
1
School District No.
Carle
Bond
Place), N.
Offering
—
•
Y.
Winnard
F,
Fraser, President of the Board of
Education,
will
receive
sealed
a
at
2.10s,
basis
Sept.
1,
of
a
price
about
1948.
of
2.08%.
Denomina¬
$1,000.
Due Sept. 1, as fol¬
$8,000 in 1949 and $10,000
lows:
from 1950 to
Principal
1962 inclusive.
and
for
15
the
(DST) on Sept.
purchase of $1,250,000
not to exceed 4%
Y.
5, N.
Agent
Dist.
States Trust Co. of New York,
&
1953; inclusive,
to
1950
bids until 3:30 p.m.
Common Sch.
Hempstead
jointly,
/
•
155,000
1949 to 1952 inclu¬
Oct. 1 from
2.60s
*
inclusive.
Second
Springs, as 2y2s, at a price of
100.218, a basis of about 2.412%.
Dated Sept. 1, 1948 and due $3,000
sive.
;
and $15,000 from
from
1
inclusive.
bonds
Hall
•
the
uncollected
Aug.
on
p.
notes.
in
from
(P. O.
(P. O. Greenfield Center),
awarded
deemed
District
$3,000
1968
nominal amount of addi¬
be needed
before tne maturity date of the
a
tional collections will
On
Fire
Bond Sale—The issue of $12,000
on
Lynn,
.
$128,000
highway
improvement
bonds., Due Oct. 1, as .fol¬
lows: $13,000 in 1949;.$10,000
Greenfield Union Free School pist.
school
John
—
follows:
as
high bid of 100.13 for 2.70s was
madec by
Roosevelt & Cross of
No. 10
Vernon, N. Y.
Offering
will receive j
(DST) on
Sept. 14 for the purchase of $741,000 not to exceed 5% interest cbu- 5
pon or registered bonds, divided
New York.
$256,211.71 had accumu¬
lated in the reserve fund so that
included
retirement of the
On
the close of the fiscal year
At
the Hudson River to ac¬
commodate
through
interstate
.raffic that now congests the main
Philadelphia-New York route.
The
will be free of
purpose
in
past
years.
The
amount of the notes is $260,000.
ing to
lected.
appropri¬
the
outstanding will be retired from
a
reserve
fund created for that
by the legislature.
The
Debt—
date, the
amount of tax anticipation notes
Dec.
City's
1
Dansville.
County
certified
sealed bids until 2 p.m.
budget,
all unfunded and floating
llesex County, ultimately extend¬
Senator
annual
Buffalo
of
given final approval on Aug. 27
the
21/&jjJU at
plan to anticipate collection of un¬
only
of
.
A
Comptroller,
City-
a
June 30,
Bonus Issue Killed—Action
the
1948
of the Buffalo
Letter", issued by City
Comptroller Edward A. Neider,
reports as follows:
"As a result of the Comptroller's
ation
ton, Trenton, New Jersey.
The definitive bonds will be issued as
coupon bonds in the denomination of $1,000 each and may be regis¬
tered as to principal only or may be surrendered for fully registered
Bank
the
at.
office.
Mount
Bond
793—was awarded to the
Adirondack Trust Co. of Saratoga
Floating
collected taxes with an
A
1,
of
payable
York City.
1948.
Farm¬
oiv
payable to .order
of the County, is required. Legal¬
ity to be approved by Vande¬
water, Sykes & Heckler of New
Poughkeepsie), N. Y.
Bond Sale — The 60,00Q fire
house bonds offered Aug. 27—v.
168, p. 793—were awarded to Til-
August issue
are
est, then such award will be made to the bidder offering the highest
premium.
Both principal and interest of said bonds will be paid at
the banking house of The First-Mechanics National Bank of Tren¬
of
V4
of
multiple
a
Oct.
Fairview
basis of about
any or
bond
Bank
in
check for $8,000,
York City.
Buffalo, N. Y.
ter
bonds
Merchants &
National
168,
City
the
at
and
single rate of interest,, ex¬
1/10 of 1%. Principal and interest
Legality to be approved by Van¬
dewater, Sykes & Heckler of New
"News
to interest rate and maturities,
a
pressed
registered
or
A
2.478%.
Eliminate
name
& Co. of New York, as 2 Ms s,
price of 100.13, a basis of
about 2.485%. Dated Aug. 1, 1948
National
price of 100.10,
To
to
ney
The bonds were sold as
The
noon
$1,0Q0.
Due July 1, as follows:
$2,000 from 1949 to 1956 inclusive,
and $3,000 in 1957. Bidder to name
a single rate of interest expressed
in a multiple of y4 or 1/10 of 1 %.
Principal and interest J(J-J) pay¬
due
200,000
180,000
1981—
1950
Treasurer's
Dated July 1, 1948. Denomination
Dated
$7,000
on
of
March
York
until
re¬
p.m.
1, as follows: $20,000 from
1964 incl.,
and $25,000
from 1965 to 1968 incl. Bidder to,
on
interest
190,000
170 000
bids
2
Sept. 1, 1948. Denom. $1,000. Due
Sept. 8 for the pur¬
chase of $19,000 not to exceed 5 %
$1,000 on March 1 from
1949 to 1968 inclusive.
a
sealed
(DST)
until
bids
Sept. 8 for the pur¬
$400,000 not to exceed
5% interest coupon or registered
court house bonds of 1948. Dated
(DST)
chase
(M-S)
ceive
willJ
Treasurer,.
sealed
ceive
A.
ers
County
lor,
re¬
894—were awarded to
p.
Merchants
Whitehall.
180,000
1976—
168,
and
New
es
Argyle (P. O. Argyle), N. Y;
Bond Sale—The $10,000 storage
house
bonds offered
Sept. 1 —
the
of
Dansville, N. Y.
Offering — J am
Bond
at
v.
Heckler
Young, Village Treasurer, will
YORK
NEW
150,000
1969—
1965—
&
■
Bond Offering—Charles T. Tay¬
City.
Co. of New York.
130,000
140,000
130,000
130,000
130,000
130 000
Sykes
120,000
1962—
basis
a
about
Sept. 1 from 1949 to 1953 inclusive.
Second high bid of 100.11 fpr 21/&s
was made by B.
J. Van Ingen &
120,000
'
$1,250, payable to order of the
District, is required.
Legality to
be
approved
by
Vandewater,
price of 100.101,
2.15s, at
as
110,000
120,000
1
1953^_
1955—
26—-v. 168, p. 694—were awarded
ark,
l/10th of 1%.
Principal and in¬
terest (F-A) payable at the Cicero
State Bank?
A certified check for
York
New
certified check for $380, payable
housing bonds offered Aug. to order of the Village, is required.
gency
2V*%
' 2% %
2'/4%
1%%
Year
Wood bridge), N. J.
Sale — The $35,000 emer¬
Bond
either of the following schedules:
registered
building
bonds.
Aug. 15, 1948. Denomina¬
tions $1,000 and $500. Due Feb. 15,
as
follows: $22,500 in
1950 and
1951, and $17,500 in 1952. Bidder
to name a single rate of interest,
expressed in a multiple of V4 or
Dated
(f^^.-LaWvitie), '
Lev)is County
not to exceed 5% interest coupon
The bonds are; dated Sept.
1949
1, 1948. Denomination $1,000. Bid¬
name
price» of Sept*-7 for the purchase of $62,500
a
1, 1948 and mature on Sept. 1 from
inclusive; $7,000,
1957 to 1962 inclusive; $8,000 in
1963 and 1964. and $7,000 in 1965.
Bidder
at
firms
$27,000 from 1949 to 1954 in¬
clusive and $26,000 from 1955
from 1949 to 1956
Collector-Treasurer.
21/4s,
Monday, September 6, 1948
basis
of about 2.239%.
joined forces in
purchasing the issue, each having
bid independently on the same
All of the bonds are dated Sept.
as
as >
CHRONICLE
basis.
$6 000
1,
follows:
\
FINANCIAL
&
bonds. Due Sept. 1, as follows:
utility improvement bonds..• Dated
Oct. 1, 1948. Denomination $1,000.
Due
;
266,000
to exceed
registered
coupon
pue Sjept. 1, as fol¬
$11,000 from 1949 to
inclusive, and $10,000 in
1958.
p.m.
for the
Sept. 20
on
of
chase
bonds,
"Freehold, N. ■ J,
Offering -?*. Clarence H.
"
*
-
Bond
COMMERCIAL
THE
(994)
interest
t
;
quired. Legality to be approved
by Hawkins, Delafield & Wood of'
New York City.
.
^
;;
Sod us Rural
-•r
Water District No.
1
(P. O. SoJus), N.Y.
••
B
(M-S)
interest coupon
building bonds of
1948. Dated Oct. 1, 1948. Denom.
$1,000. Due Oct. 1, as follows?
$45,000 from 1949 to 1958 inch, '
and $40,000 from 1959 to 1978 incl •
Bidder to name a single rate of
interest; expressed in a multiple
of i/4 or 1/10 of 1%. Principal and
interest
(A-O) payable at; the
Wheatley Hills National Bank,
Westbury. A certified check" for
2% of the bonds bid for, payable
to order of the District, is re- \
registered
or
o n
d
Offering
—
payble at the ■ United States Trust ceive
sealed
until
bids
F.°
Dewitt
Kelly, Town Supervisor, will
3
re¬
p.m.
(DST) on Sept. 9 for "the purchase
of $152,000 not to exceed 5% in¬
terest coupon or registered water,,
Co., New York City.
Legality approved by Caldwell,
Comptroller points put that Marshall, Trimble & Mitchell of
Dated Sept.> 15,
Second high bid system bonds.
the City's debt-contracting power New York City.
1948.
Denomination $1,000.
In-n
is
only 39.79%
exhausted, the of 100.313 for 2.20s was made by
terest M-S. Due Sept.: 15,.as'foltj',
debt-contracting margin having Ira Haupt & Co. and Newburger, lows:
$4,000 in 1949 to 1958, $5,-,
Loeb & Co., both of New York, in
risen as of July 1 to $53,786,986.70.
000 in 1959 to 1966 and $6,000 ip
This situation, if maintained, can joint account.
1967 to 1978. Rate of interest to
be especially significant two years
I slip Union Free Sch. Dist. No. 2 be in multiples of
or 1/10 of
hence.
If on Jan. 1,
1951, the
(P. O. lslip), N. Y.
i
1% and must be the same1 for all
City's debt-contracting margin is
Bond Sale-i-The $105,000 school of the bonds; Principal and in¬
not exhausted by more than 50%.
bonds offered Aug. 27—v, 1681,. p. terest payable at the Marine Mid¬
the
down-payment requirement
694—were awarded to Roosevelt & land Trust Co. of New York. The'
for new bond issues, which is now
Cross of New York, as 1.40s, at a bonds will be valid and legally
10% cent, will be only 5%.".
general
obligations of
price of 100.01, a basis of about binding
1.395%.
Dated Aug. 1, 1948 and said Town, payable in the first
Clay and Cicero Union Free Schoo
District No.
12 (P. O.
due $35,000 on Aug. 1 from 1949 instance from a levy upon prop-1
the
North Syracuse),
N. Y.
'
Bo.njjL .Offering—Frank L, How¬
792—were awarded to B. J. Van
Ingen & Co., of New York, and ard,' District, Clerk, will receive
J. B. Hanauer & Co., of Newark -sealed bids until 2 p.m. (DST) on
to
1951
inclusive.
Second
high
bid of 100.05 for 1V2S was made by
Francis I. duPont &
ney
& Co., jointly.
Co. and T.il-
in
the
District
No.
erty
if not
Sod us
1
in
Rural
Water
said Town, but
paid from such levy, all the
real property within the!
taxable
'
/ViirV
>
\
^
t
\
\
'
Number 4731
be
subject to the levy
will
n
THE
168
ume
said
is and interest, thereon, with-
id
valorem
taxes
limitation
unt.
.
to
pay
rate
to
as
or
All of the bonds
are dated Sept.
Second high bid of par
$25,000 6s, $140,000 2V2S and
$60,000 2% s, or a net cost of
cou¬
bonds offered Aug. 31—v,:
168, p. 895—were awarded to the
Branch Banking & Trust Co. of
"i\; v;;
ond Sale—The $24,285 public
rovement bonds ottered Aug. Wilson, Vance Securities Corp. of
-v> 168, p. 895—were awarded Greensboro and J. Lee Peeler &
roldraan, Sachs & Co., and Coj of Durham, jointly, at a price
tbroqk • & Co.; both, of New of ipar, a net interest cost of about
k,* jointly, asv2.20s, at a price 2.66%; as follows:
004i8; a basis of about 2.181 %. $690,000 series A school
building
ed June 1, 1948 and due on
V, I bonds. For $42,000 6s, due on
e
1. from 1949 to 1967 incluy
,
March 1 from 1951 to 1953 in¬
j
Among other bids were the
>wing: (for • 2i/4S), South Shore
u s t
Co.,
Rockville, Ceptre,
28; Franklift Square National
K,; 100.23; (for. 2.30s) Francis
uPont & Co., and Tilney &
jointly, 100.136.
.
clusive $219,000 2!£ s; due en
March; 1 from
1954 to 1964
inclusive; $317,000 2%s,.' due
j on MarqJv1
.1965 toi.974
•
;
:
i
inclusive
due
School
Common
Diet.
(P. O. Niagara Falls), N. ,T.
ond, Olfering —■ June uemler,
|
;
;rict. Clerk, will receive sealed
until 2 p.m, (DST) on Sept;
>r .the purchase of $47,000 not
;
on
i
1948. Denom. $1,000.
as follows:
$2,000:
1959 incl., and $3,0Q0
1960 to .1968 incl. Bidder
inclusive.
ie
3 of 17c Principal and interest
A) payable at the Power City
st Co., L a Sail e B r a n c h,
gara Falls. A certified check
$940, payable to order of the
trict, is required. Legality to
approved
by
Vandewater,
:es
& Heckler of New York
March 1 from 1974 to 1977
.
1 from 1958 to 1963 inclusive.
(
81,000 refunding school bonds
•
.
as
2V2S.
Due on March 1 from
1956 to 1963 inclusive.
i
,
refunding
26,000
Due
1963
on
bonds
2V2s.
as
March 1 from 1956 to
inclusive.
All of the bonds
dated Sept.
are
'
1,1948.
North Dakota
Certificate
Henderson, N. C.
ond Sale—The $15,000
State
street
ipment bonds offered Aug. 31
168, p. 895—were awarded to
3. Dickson & Co. of Charlotte,
!s, at a price of 100.114, a basis
1.97%.
and
8
to
1
Dated
due
about
March
1955
on
Sept.
1
1,
from
Second
inclusive.
O.
Highway Commissioner, an¬
on Aug 26 that the Bank
Dakota, of Bismarck,
purchase $12,360,000 highway
anticipation certificates
revenue
to bear interest rates from 1% to
1 xk
%.
The
certificates
will
be
callable at intervals up to Nov. 1,
bid of 100.106 for $5,000 2%$
1954, when the last of them will
be retired. In connection with the
$10,000 2s was made by the
nch Banking & Trust Co. of
foregoing, a press dispatch from
Bismarck, dated Aug. 26, noted as
son.||'¥. >
follows:
r'
o n
■
La Grange,
Call
d
—
N. C.
The following
ds, dated April lv 1938 and due
il
called
payment on Oct. 1, 1948, at
Central Hanover. Bank & Trust
New York: $10,000 street imement refunding bonds and
00, water and sewer refunding
1968,
1,
have
Lexington,
and
Sale—The
red Aug. 31—v.
e
awarded
to
been
N. C.
$65,000
168,
the
p.
Disclosing that none of the $12,360,000 in North Dakota highway
revenue
anticipation certificates
authorized by initiated act in 1944
will be offered at public sale,
State Highway Commissioner
"Commissioner
Jones
said
the
going market rate on similar se¬
895—
curities is 2% or more.
Branch
,000 water and light bonds. For
$28,000 2%s, due on March 1
from 1966 to 1.975 inclusive,
31—
,
& Co. of Cincinnati.
Campbell, Ohio
Bond
Sale—The $342,000 park
improvement bonds offered Aug.
26—v. 168, p. 594—were awarded
to
group composed
of Seasongood & Mayer, Provident Savings
Bank & Trust Co., VanLahr, Doll
& Isphording, Assel, Kreimer &
Co., and the Weil, Roth & Irving
Co., all of Cincinnati, as 2%s, at
a price of 101.27, a basis of about
2.62 %. Dated July 1,1948 and due
a
Oct.
on
1 from
to 1972 incl.
1949
Second high bid of 101.69 for 3s
was
made by a group composed
of Fox, Reusch & Co., W. E. Hutton
&
Co., Browning & Co., and
William C. Seufferle & Co.
Cedarville, Ohio
Bond Offering—P. J. McCorkell,
Village Clerk, will receive sealed
bids imtil noon (EST) on Sept. 17
for the purchase of $35,000 not to
interest
6%
general
ob¬
years.
Cuyahoga County (P.O.
Cleveland), Ohio
Bond Offering—Frank J. Husak,
Clerk
of
the
Board
Commissioners,
sealed" bids
of
will
until
11
County
r ec e
i
ve
(DST)
a.m.
on
Sept. 16 for the purchase of
$510,000 3% % coupon or regis¬
tered airport site bonds. Dated Oct.
1, 1948. Interest A-O. Due $15,000
April and Oct. 1, 1950 to 1952, and
14,000 April and Oct. 1, 1953 to
"Receipts; from
an
additional
tiple of Va of 1%.
for
made
all
the
If
office. These bonds
author¬
were
ized at the election held
7,
1946,
be
May
on
and are payable from
unlimited
tax
to
as
to
Bids must be
rate
on
a
a
or
form
furnished
which were authorized to
provide
immediate
funds
for
by the above
Clerk. The proceedings incident
to
the
proper
authorization of
highway construction.
these bonds have been taken
certifi¬
cates,
"Commissioner Jones said
that
der
ders
four
un¬
the direction of Squire, San¬
&
Dempsey of Cleveland,
$1,000,000 certificates, had al¬
whose
approving
opinion,
to¬
ready been sold to the. Bank of
: 1976. '
• v' ■
?■*..
North Dakota, and that a fifth gether with the printed bonds will
,000 general refunding bonds.
be furnished at the County's ex¬
would be sold Aug. 28, The first
Due
$22,000 2%s, due on
Delivery of bonds to be
three were retired immediately, pense.
March I from 1966 to 1975 in¬
and cost the State no interest. The made on or about Oct. 1, 1948,
clusive and $8,000 3s, due
at any bank in the City of Cleve¬
fourth' arid fifth are
ea^ch * oneMarch 1, 1978.
land,
designated
by
the
pur¬
year notes at 1% interest, and will
1 of the bonds are dated Sept. cost
$10,000 in interest each, he chasers. Enclose a certified check
948. Second high bid of par for said.
for 1% of the amount of the bonds,
,000 2V>9 and $46,000 3s was
"The remaining $7,360,000 in payable to the County Treasurer.
and
$7,000 3s, due on-March 1,
the Vance Securities
p^and J. Lee Peeler & Co.,
de'(iby
t\f: 5
f!
'
authorized
certificates
will
be
bought by the bank at 1 Vz %, the
Commissioner said. They will be
callable at intervals up to Nov. 1,
Raleigh, N. C.
Sale—The .$225,000 public 1954, when the last one is due to
rovement bonds offered Aug* bef retired.
"The Commissioner said the in¬
Vil 168, V-, 895—were awarded
Harriman Ripley & Co., Inc., itiated act authorizing the certi¬
York, at a price of 100.042, a ficated permits the State Highway
interest cost basis of about Department to sell them to any
ond
-
»
8%, as
'
follows:
Hue on March 1 from
1958 inclusive.
Due on March 1
from 1959 to 1963 inclusive. 000 VhM
Due on March 1
from 1964 to 1970 inclusive.
000 2s.
1950 to
'
'
State institution. In selling to
000
...
.
..
2V4S:
the
Bank of North Dakota, he said,
the
department is selling them
only as it needs the funds, thereby
saving interest which would have
to be expended if they were all
.
offered for public
sale .at once.".
,
Provident Savings Bank & Trust
Co., of Cincinnati, as 3s, at a price
field of Oklahoma
of 100.331, a basis of about 2.965%.
based
Dated Sept. 1,- 1948 and due $15,000 dii Dec. 1 from-1950 to 1959
1.96%.
incl.
Second
for 3s
land
was
high
bid of
Local Sch. Dist., Ohio
M. Zehner,
District Clerk, will receive sealed
bids until noon (DST) on Sept. 11
for the purchase of $25,000 3%
coupon building bonds. Dated Oct.
1,1948. Interest A-O. Denom. $1,000. Due Oct. 1, as follows: $2,000
in 1949, $1,000 in 1950, $2,000 in
1951, $1,000 in 1952, $2,000 in 1953,
$1,000 in 1954, $2,000 in 1955, $1,000 in 1956, $2,000 in 1957, $1,000
in 1958, $2,000 in 1959, $1,000 in
1960, $2,000 in 1961, $1,000 in 1962,
and $2,000 in 1963 and 1964. Rate
of interest to be in multiples of
Va of 1%. Principal and interest
payable at the Community Bank,
Napoleon. The bonds will be sold
to the highest bidder for not less
than par and accrued interest. All
bids
Offering—L.
must
bonds
state
the
for
number
and
bid
the
of
gross
a
168,
895—were awarded to
p.
Edwards, Inc., of Oklahoma
City,
on
bid based
a
terest
cost
bonds
mature
of
on
about
net in¬
a
2.12%.
The
serially from 1951
1957 inclusive.
to
Geary, Okla.
Bond
■
Sale-rThe
$65,000 bonds
Offered Aug. 25—v. 168, p. 794—
were
awarded
to
the
First
Na¬
tional Bank & Trust Co. of Okla¬
homa City and Evan L. Davis of
Tulsa,
jointly.
$17,000
Sale consisted of:
water;
works
bonds.
ment
improve¬
Due from 1951
to 1959 inclusive.
28,000
electric
light improve¬
Due from 1951 to
ment bonds;
1960 inclusive.
20,000
sanitary
bonds.
*
extension
sewer
Due from 1951 to 1957
1 inclusive.
Lexington School District, Okla.
Bond
Heights, Ohio
Bond Offering — T. E. .Cook,
Director of Finance, will receive
sealed bids until noon (DST) on
Sept. 13 for the purchase of $120,000 2% series R refunding bonds.
Interest A-O. Dated Sept. 1, 1948.
Denomination $1,000. Due Oct. 1,
as follows:
$20,000 in 1952, and
$50,000 in 1953 and 1954. Bidders
may bid for a different rate of in¬
terest in multiples of V4 of 1%.
Coupty Union Graded
R. J.
to the District.
Shaker
Calvert & Can-
Cityr on a bid
interest cost of
Bond Sale— The $28,000 build¬
ing and site bonds offered Aug. 31
—v.
delivery. Enclose
certified check for $250, payable
to
net
a
Schoolf. District No* 72 (P, O. ;
Elmore City), Okla.
amount of bid and accrued inter¬
est to the date of
on
Garvin
& Co. of Toledo.
Bond
awarded
were
100.003
Suther¬
made by Ryan,
Ridgeville
Sale—The $28,900
ing- bonds offered
awarded
of
Calvert
to
Oklahoma
100.09.
Aug.
City,
Due
&
at
build¬
25 were
Canfield,
price of
$2,500
a
follows:
as
from 1951 to 1961
incl., and $1,400
in 1962.
;■ \
Okmulgee, Okla.
.
Bond
Sale—The
offered
Aug. 31—v.
580,000 bonds
168, p. 895—
were awarded to an account com¬
First
posed of
Securities
Co.
of
of
Kansas
Wichita, City National
Bank & Trust Co. and George K.
highest bidder at not less than par
Baum & Co., both of Kansas City,
and accrued interest. Bids may be
made-upon all or any number of and- E. M. 'Clohessy of Oklahoma
bonds of this issue. All bids must City, on a bid based on a net in¬
Sale con¬
state the number of bonds bid for terest cost of 2.04%.
The
bonds
will
be
sold
the
to
and the gross amount of bid and
sisted of:
accrued
$395,000
interest
check
to
date
of
de¬
bond or certified
$1,200, payable to the
livery. Enclose
for
J£
'
•
water
•bonds.
a
City.
works
system
...
125,000 swimming pool bonds.
60,000
system
sewer
East
OKLAHOMA
bonds.
Liverpool, Ohio
Bond
Offering—E. Allan McKeever, City Auditor, will re¬
ceive
OREGON
Enid, Okla.
bids
received based upon a lower
rate of interest than above spe¬
earmarked
the
Bond Sale—The $300,000 build¬
ing bonds offered Aug. 31—v. 168,
p.
695—were
awarded
to
the
Bids must be
bonds.
are
amount.
retire
Freedom
School District (P. O.
Freedom), Okla.
Boud Sale—The $49,000 build¬
ing and equipment purchase bonds
offered Sept. 1—v. 168, p. 794—
Bidders may bid for a dif¬
ferent rate of interest in a mul¬
1-cent per gallon gasoline tax are,
to
59
1967.
cified, the bonds will be awarded
to the highest bidder offering not
less than par and accrued interest,
N. O. Jones announced that ar¬
based upon the lowest rate of in¬
rangements have been made to
terest.
Split rate bids will not be
sell all of them to the Bank of
considered. Principal and interest
North Dakota
at
interest rates
payable at the County Treasurer's
ranging from 1 to 1V2%.
bonds
ing & Trust Co. of Wilson, at
rice of 100.192, a net interest
of about 2.807%, as follows:
Aug.
First; Cleveland
Corp,
of
Cleveland, as 2^s, at a price of
100.93, a basis of about 2.119%.
Dated Sept. 1, 1948 and due $2,000
on
Oct. 1 from 1949 to 1963 in¬
clusive.
Second high bid of 100.29
for 2V4s was made by J. A. White
Jones,
North
will
water
794—were awarded to
ligation bonds, due in 20
nounced
of
p.
the
(State of)
Sale—N.
offered
bonds
1168,
exceed
NORTH DAKOTA
NORTH CAROLINA
Bellevue, Ohio
Sale—The $30,000
works
v.
,
,
27,000 refunding bridge and road
1
bonds as 23/4S. Due on March
to
a single rate of interest, exssed in a multiple of
lk or
on
|
■
5% interest coupon or
stered building, bonds of 1948.
1950 to
elusive; 20,000 2'%-s, due
March 1 from 1954 to 1964 inelusive; $18,000 2%s, due on
March 1 from 1965 to 1973
inclusive and $8,000 2% s, due
;
exceed
n
March 1 from 1950 to 1953 in-
j
ings Bank & Trust Co., of Cincin¬
nati;;
■/
21/2S,
series B school building
bonds. For $13,000 6s, due on
,
*
n
$112,000
59,000
2
ed Aug. 1,
Feb.
1,
and
March 1 from 1974 to
1977 inclusive.
•
1
satheld
on
.
Bond Call—Charles A. Miller,
Village Clerk, announces the call
for redemption on Oct. 1, 1948,
of the first mortgage electric gen¬
erating plant revenue bonds, sec¬
ond
series, Nos. A-61 to A-70,
dated Oct. 1,1944. The bonds will
be redeemed at the Provident Sav¬
Bond
(995)
hfcipte Heights City School Diet*
\
(P. O. Bedford), Ohio
Amherst, Ohio
pon
Valley Stream, N. Y.
CHRONICLE
'
approving opinion 2.455%,, was made by Salomon
Jandewater, Sykes & Heckler Bros. & Hutzler, of New York,
lew'York City, will be furWayne County (P. O. Goldsboro),
ed.
Enclose
a
certified or
] 7 North
Carolina '
M
ier's check for $3,040, payable
Bond
Sale—The
$883,000
FINANCIAL
OHIO
1, 1948.
for
The
le Town.
&
COMMERCIAL
Coos
Bond Offering—Clint O. Thrash¬
er,
Sale—The $100,000 w.ater
bonds offered Sept. 1—v. 168, P»
City Clerk, will receive sealed
7 p.m. (CST) on Sept. 594—were
bids until
17 for the purchase of $2,000,000
series
A
water
works
bonds.
B<ty, Ore.
Bond
awarded
to
the
State
Bond
Commission,, as 2.60s, at a
price of 100.24, a basis of about
Dated Oct. 1, 1948. Denom. $1,000. 2.48%.
Dated Sept. 1, 1948 and
Due Oct. 1, as follows: $87,000 in due
$25,000 on Sept. 1 from 1961
1951 to 1972, and $86,000 in 1973. to 1964 inclusive.
Second high
The bonds will be sold to the bid¬ bid of 98.29^ for 2%s was made
by
der offering the lowest interest a
group composed of Blyth & Co.,
rate the bonds will bear.
Split United States National Bank of
coupon rates may be bid, but the Portland, and the Coos Bay Na¬
interest rate on any maturity can¬ tional Bank.
not exceed 6%. These bonds were
authorized
the
at
School' District No.
Green
held
election
S
(P. o. Roseburg), Ore.
Aug. 17. Principal and interest
Bonds Sold—An issue of $132,payable
at the
First National
000 school bonds was sold at a
Bank & Trust Co., Oklahoma City,
or
at the fiscal agency at New price of par, as follows:
on
York
such $54,000 3s. Due $9,000 on Oct. 1
from 1950 to 1955 inclusive.
then at
Co., New
78,000 31/4 s. Due Oct 1, as fol¬
York City. These bonds are pay¬
lows: $9,000 from 1956 to 1963
able both as to principal and in¬
inclusive and $6,000 in 1964.
City,
in
or
event
agency is
discontinued,
the Manufacturers Trust
terest from
an
annual ad valorem
tax levy,
levied against all taxable
property in the City without limit
as
to rate
or
amount. The bidders
The bonds are dated Oct. 1,
1948. Denomination $1,000. Prin¬
(A-O) payable
County Treasurer's office,
cipal and interest
the
at
general recognized or at the fiscal agency of the State
as
market attorney. in New York
City;
The fee or other expense incident
to securing the opinion of the Maple Lane School District (P. O.
market attorney is to be paid by
Oregon City), Ore.
the bidder. The City requires that
Bonds Sold—An issue of $15,000
bids be held for 48 hours after school bonds was purchased re¬
select
legal firm
may
a
bids until noon (EST) on
Sept. 18 for the purchase of $99,4% interest improvement
opening of bids before making the cently by Camp & Co. of Port¬
award. The City reserves the right land, as 2V2s; at a price of 100.03,
to reject any and all bids.
All a basis of about 2.49%. Due $1,000
bonds. Dated Oct. 1, 1948. Interest
A-O.
Denom.
$1,000,
one
for
bidders
992.41
$992.41, Due Oct. 1, as follows:
$9,992.41 in 1950, and $10,000 in
1951 to 1959. Bidders may bid for
a different rate of interest
in a
multiple of Va of l%TNo ;bids for
less than par and accrued
A^ll
ihterest
bids to be accompanied1 by
are
cautioned
that
the
Oklahoma law does not recognize
"premiums,"
and
provides
on
June 15 from 1950 to 1964 in¬
clusive.
that
Medford, Ore.
bonds shall be sold to the bidder
offering "the lowest interest rate
the bonds shall bear." This could
bring up a serious question where
a premium bid: changed the status
of a bid in relationship to another
bond or certified check for
$1,000,
bid.
payable to the City Treasurer.
ier's^^check for 2% of the bid.
-Enclose
a.
certified
or
cash¬
Bond
B
Sale—The $400,006 series
sewage
Aug.
26
United
disposal bonds offered
awarded to the
were
States
Portland.
National
Dated
Denom.
$1,000.
Anf
frnm
15
Aug.
Due
1950
tn
Bank
of
15, 1948.
$20,000 on
1959
incl.
h
Principal and interest^ (F-A) pay¬
able at the City Treasurer's o£ifce. The bonds are general obli¬
gations of the county and have
been approved as to legality by
Winfree,
McCulloch, Shuler &
Sayre, of Portland.
Sept. 1, 1952, or on any sub¬
sequent interest payment date, at
varying premiums, depending on
the date of redemption. Second
high bid of par for 2V2S was made
by the First National Bank of
•"./
Orangeburg.
,
1,
1949
to
PENNSYLVANIA
c
l
TENNESSEE
Kingston, Pa.
Sale—The , $250,000
-
Bond
Elizabethton, Tenn.
gen¬
obligation bonds offered
eral
on
Moreland,
Bond Offering—R. B.
City Recorder, will receive sealed
inclusive and
1958
$3,000 from 1959 to 1964 inclusive.
Principal and interest payable at
the Farmers Bank, Portland. Le¬
s
•
on
Oct. 1,
& Cutler of Chicago.
I
(P. O.Edinburg), Texas
Call
Refunding bonds
—
series
1941-A,
y.
—
Nos. 47 to 92,
payment on
,
:
Mahanoy City, Pa.
Aug. 1, 1948. Denom. $4,500.
Electric
Revenue
"A," of the City,
dated June 1, 1945. The bonds are
being issued subject to the ap¬
proving opinion of Chapman &
Cutler, of Chicago, and all bids
must be so conditioned. Said Opin¬
$4,500
ion
Certificate Offering—Thomas
Borough
McLaughlin,
receive
will
P.
Secretary,
until
bids
sealed
Sept. 7 for the purchase of $9,000
certificates of indebtedness. Dated
Due
Oct 1, 1949 and 1950. A
on
of the bid
certified check for 2%
is required.
v
purchaser.
$33,000 road
Improvement bonds offered Aug.
31—v. 168, p. 795—were awarded
to Butcher & Sherrerd, of Phila¬
delphia. Dated Sept. 1, 1948 and
due on Sept. 1, from 1950 to 1953
Sale —The
inclusive.
Bond
Offering
—
The Borough
bids
until Sept. 20 for the purchase of
$9,700 improvement bonds.
School District
'
■
(P. O.
Offering
—
Raymond S.
Secretary of Board
Directors, will receive
sealed bids until 7 p.m. (DST) on
Fitzsimmons,
School
•of
Sept. 14 for the purchase of $130,-
improvement bonds.
Denomination
1,000.
Due Sept. 1- as follows:
$5,000 from 1949 to 1968 inclusive,
and, $6,000 from 1969 to 1973 in¬
clusive.
Bidder to name a single
rate of interest, expressed in a
multiple of Vs of 1%. A certified
900
coupon
Dated Sept. 1, 1948.
check for
2%
of the bonds, pay¬
able to order of the District Treas-
nrer,
is required.
Legality to be
approved by Townsend, Elliott &
Munson of
Philadelphia.
SOUTH CAROLINA
"/>,
v
Orangeburg, S. C.
Bond Sale—The $200,000 com¬
bined public utility system reve¬
nue
p.
bonds offered Aug. 26—v.
696—were awarded to
a
168,
group
composed of Johnson, Lane. Space
& Co., of
Savannah, G. H. W?,Jker
Co., of Columbia, and the Rob"
,Jnson-Humphrey Co., of Atlanta,
100.015, a
basis of about 2.498%. Dated Sept.
I, 1948 and due serially on Sept.
as
J
i
2V2s,
from
at
a
1949
numbered
35
price
to
1963
to 200
of
incl.
are
No bid will be accept¬
and accrued
Bonds
callable
which
were
These are the
authorized at
street improvement
F.eb. 10, as fol¬
lows: 4,000 in 1954, $5,000 in
1955 and 1956, $6,000 in 1957
61,000 3%%
bonds.
1, 1948^The
bonds constitute legal and binding
the election on June
obligations of the City,
payable from and secured by 'an
exclusive first lien on and pledge
special
of the revenues .of the
and
works
sewer
of
Laws
011
and $8,000
in 1963.
Street Improvement
bonds. Due Feb. 10, as fol¬
systems. Issued
Constitu¬
State
the
City Treasurer.
water and sewer utilities.
Lewisburg, Tenn.
Sale—The
$150,000 bonds
—were
awarded to
a
group
com¬
posed of the Nashville Securities
Co., and J. C. Bradford & Co.,
both of Nashville, and the First
National
net
Bank
of
interest cost
Chrjsti,
Corpus
and,
able
authorized
inclusive.
—
Bond Offering—James I.
Walker,
$ I,-
Sept. 15, as follows:
$10,000 from 1954 to 1960 incl.,
and $5,000 in 1961. Principal and
interest
(M-S) priyable at the
Chemical Bank & Trust Co., New
York City, or at the City Treas¬
urer's office, at the option of the
holder. Bidder to name not more
than two rates of interest,* ex¬
000.
/
Due
as
pressed in multiples of ,y4 of 1%.
A certified check for $10,000, pay¬
able
to
order
of the City,
bonds
the
are
general obligations of
City and are further
secured
by net revenues from sewer serv¬
ice charges.
"■ • * T,
in
expenses
ments
D.
W.
held
the
able
regarding the
be obtained
Bradford, Secretary
000 road
law.
son
31-to R. A.
Pallas, at
W /(/•*
3()(\Of •
••
a
was
sold
Underwood &
bonds
1, 1948.
WISCONSIN
Glen wood,
jVis.
Sale—The
Bond
2^%
$18,000
equipment bonds offered Aug
26—v. 168, p. 796—were awarded
to Shaughnessy & Co., of St. Paul*
fire
at
Dated April V
price of par.
a
•1948 and due on April 1 from
194^
to 1958 inclusive.
Neenah, Wis.
$375,000 school
Aug. 30—v.
168!
Bond Sale—The
offered
bonds
awarded
796—were
p.
Trust
Northern
Co.,
Milwaukee
the
and
the
to
of Chicago]
Co., of Milj
waukee, jointly, as l%s, at a price
101.017, a basis of about 1.615%l
Sept. 1, 1948 and due otj
of
Dated
Sept.
from
1
incl
1961
1949 to
high bid of 100.75 fo(
l%s was made by Harris, Hall
Second
Co., of Chicago.
WYOMING
:
Big Horn Counties
School District No. 30 (IP* O.
Park
and
Denver), Wyo.
Offering.— Ray Webbei
Bond
receive sealee
District Clerk, will
(MST) on Sept
bids until 8 p.m.
18 for the
purchase of $40,000 no!
exceed
to
5%
coupoi|]
interest
Interest
M-S|
Due $5,000 Sept. 1, 1950 to 1957f
No bids for less than par and ac-f
crued interest.
Principal and inj
building
terest
bonds.
payable
at
Treasurer's office.
opinion
Pershing,
of
Count:
the
The approving
Boswortl
will b#
certified
Dick & Dawson of Denver,
Enclose
furnished.
a
Platte County (P>
awarded
Wh eatland),
O,
Wyo.;
on
are
Aug. 15 from
dated
it 1
CAN AD A
inclusive.
Canada (Dominion of)
Bills Sold—An
Treasury
Aug.
15,
issu«
of
ONTARIO
limitations
Leaside, Ont.
Bond Sale—An issue of
School
Disctrict,
Vt.
Bond
Offering—Ray R. Allen,
Treasurer, will receive
sealed bids until 3 p.m. (DST) on
District
Aug.
Sept. 8 for the purchase of $32,000
Co. of
not
to
building
exceed
2J/2%
i
was
,
awarded or]
Co.
bott
Toronto, in joint account, at i
Aug. 26 to J. L. Graham &
and
Hero
interest
bonds.
Dated Oct. 1,
* .'V: v>..v. p, 1943,Interest A-O.: Due Oct. 1,
t
elusive^
All of the bonds are dated June
$60,000
VERMONT
net interest cost of
*4
anc
1954 to 1968 in*
$8,000 from
located
therein
prescribed by
Legality approved by.Gib¬
& Gibson, of Austin.
South
$300,-
on
inclusive,
1963
to
1954
3% school bonds
County (P. O.
Dalhart), Texas
bonds
Due June
$7,000 frorr
to 1953 inclusive;
property
within
_
Sold—An issue of
follows: $4,000 from 194Q
as
v
10, 1948.
Dallam
Bonds
1,
130,000 sewer bonds!
$75,000,000 Treasury bills waj
$1,000. sold on
Aug. 5 at 0.411% interest
Principal and interest payable at Dated
Aug. 6, 1948 and due orl
the
Mercantile
National
Bank, Nov.
26, 1948.
A further issue o
Dallas. Said bonds constitute di¬
$75,000,000 was sold on Aug. 26 a;
rect and general obligations of the
0.412%.
Dgted Aug. 27, 1948 and!
entire City payable from ad valo¬
due on Nov. 26,1948.
rem taxes > levied against all tax¬
Committee, 9 Waldo Lane,
Manhasset, N. Y.
i-•>'
clusive.
check for 10% of bid.
Texas
of the
-
anc
1948. Interest F-A. Denom.
settlement may
from
1952
bonds
The
Further information
final
inclusive,
1963
to
1954
$12,000 from 1964 to 1968 in¬
1953 to 1963 inclusive.
such
and after Sept.
on
to
%s. Due
45,000
advance
was
The bank will make pay¬
that
made.
is re¬
quired. Legal opinion of Chapman
& Cutler, of Chicago, will be fur¬
nished the successful bidder. The
committee
■
'
follows:
1950
Y., in order to receive final dis¬
and refund of advance
event
1.977%
$170,000 school bonds. Due June!
1, as follows: $6,00 from 194£|
to 1953 inclusive; $8,000 from
$15,000 2s. Due on Aug. 15 from
the balance of $1,-
tribution
for
burg, jointly, as 2s, 'at a price o
100.126, a basis of about
Sale consisted of::
—
428,385.80," to $702.60 per bond,
will complete settlement with cer¬
tificate holders.
Holders should
N.
cou¬
bonds offered Aug. 26—v. 168/
p.
596—were awarded to F. W.
Craigie & Co., of Richmond, and
Strader, Taylor & Co. of Lynch-f
pon
Aug. 12 to Rauscher, Pierce & Co.
Bonds Defeated
At a recenf
of Dallas, as previously noted in
special election the voters rejectee
v. 168, p. 796—were sold at par, a
a proposed issue of $76,000 hosj
net interest cost of about 2.672%,
pital bonds.
sealed
forward their certificates of de¬
bids until 5 p.m. (EST) on Sept.. 7
for the purchase of $75,000 not to posit to the New York Trust Com¬
exceed 4% interest sewer bonds. pany, 100 Broadway, New York 15,
Dated Sept. 15, 1948. Denom.
extension
sewer
845.80 is available for distribution.
street and sewer bonds. The committee will refund to de¬
on Sept.
1 from 1949 to
positors of $1,891,000 bonds the
1962 inclusive.
$60 per bond assessment levied
All of the bonds are dated Sept.
to
cover
its
expenses
and dis¬
City Recorder, will receive
election
the
at
Uvalde,
Due
Maryville, Tenn.
of
Jan. 31,
Bond Sale Details—The
75,000
bursement of
Bank
in the
the judgment obtained against the
Due city has been paid and that, after
1968 expenses, a balance of $1,541,-
1. 1948.
National
by a vote of 132 to 53,
opinion of counsel, consti¬
tute valid and legally binding ob¬
ligations of the City, payable from
ad valorem taxes levied against
all taxable property in the City
within the limits prescribed by
law. Legality approved by Chap¬
man & Cutler, of Chicago.
on
Make
to
the
at
Commerce, Houston. These bonds,
Legality
Va.
$300,000
Sale—The
Bond
4%
Aug. 10, 1948. Denom.
$1,000. Principal and interest pay¬
Memphis, at a
refunding bonds is advising hold¬
of 2.78%.
Sale
ers of certificates of deposit that
$75,000 water works bonds.
on Sept.
1 from 1949 to
VIRGINIA
Lexington,
Dated
The Bondholders'
Committee for the 6% water plant
revenue and water plant revenue
Payment
Bank.
opinion of Peter Guiliani of Mont
pelier, will be furnished.
$8,000 in 1964 and 1965,
$9,000 in 1966 to 1968, and
$10,000 in 1969 to 1973.
Texas
Committee
Protective
Montpelier Na¬
The
approving
the
tional
lows:
approved by Chapman & Cutler,
of Chicago.
Aug. 31—v. 168, p. 795
on
Due
1959, $7,000 in 1960 to 1962,
93,000
City's water
with the
in accordance
tion
to
pursuant to Articles 1111-1118 of
deposit in the Revised Statutes of Texas,
the
shall be
1925, as amended, these bonds will
made by each bidder in the form
provide funds for needed im¬
of a certified check payable to the
provements and extensions to the
consisted of:
Chester), Pa.
^ y.
Bond
bonds
in
bonds
A good faith
amount of $4,000
offered
Pa.
Secretary will receive sealed
Trainer
executed
Austin.
office
by
.
interest.
Bond
Rockwood,
m
will
be furnished without cost to the
the
and
ed for less than par
Nanticoke, Pa.
Bond
ing
$782,900
bonds, Series
Certification!
Boston.
of
be
will
Oct.
.
L<
to 1968. Ratef
multiples of;
or
have been called for
1, 1948, at the State "Treas¬
168, p. 794 —were bids until 8.
p.m. (EST) on Sept.
urer's office.
'
awarded to the Kingston National
16 for
the purchase of $200,000
TEXAS
Bank, as 2lAs, at a price of 101.- not to exceed 4% interest electric
Hidalgo County Water Control and
149,
a
basis of
about
2.016% system revenue bonds, series of
Brenham, Texas
Improvm't Dist. No. 1 (P.O.
Dated Aug. 14, 1949 and due $25,1948. Dated Aug. 1, 1948. Interest
Edinburg), Texas
Bonds Sold—An issue of $600,000 on Aug. 14 from 1949 to 1958
Bond Call—Refunding bonds of
F-A. Denom. $1,000. Due Aug. 1, 000
water
and
sewer
revenue
incl. Second high bid of 100.40 for
as follows: $23,000 in 1950, $24,000
bonds was purchased recently by 1945, Nos. 915 to 964, have been
was made by the Second Na¬
called for payment, at par and
in 1951 and 1952, $25,000 in 1953 a
syndicate composed of Rauscher,
tional Bank of Wilkes-Barre.
and 1954, $26,000 in 1955 and 1956, Pierce &
Co., Russ & Co., Dittmar accrued interest, on Oct. 1, 1948,
and $27,000 in 1957, Rate of inter¬ & Co., First of Texas Corp., all of at the La Salle National Bank,
Lackawanna County Institution
est to be in multiples of V4 611%. San Antdnio, and Rowles, Winston Chicago.
.
*
District (P. O. Scranton), Pa.
Bond
Offering — Jerome
P. Not more than three rates of in¬ & Co., of Houston, as follows:
Louise Rural School District, Texas
Casey, County Controller, will re* terest may be specified and there $50,000 2%S. Due on Oct. 1: $5,000
Bond Sale—The $65,000 school
shall be no more than one rate for
ceive sealed bids until 11 a.m.
in 1949 and 1950; $10,000 1951, house bonds offered Aug. 31—v.
{EST) on Sept. 15 for the pur¬ any one maturity. The bonds will
and $15,000 in 1952 and 1953. 168, p. 796—were awarded to the
be
awarded
to
the
responsible
chase of $350,000 coupon general
210,000 3y4s. Due on Oct. 1: $15,- Columbian
Securities
Corp.
of
obligation bonds Dated Oct. 1, bidder whose bid results in the
000
in
1954; $17,000, 1955; Texas, of San Antonia, as follows:
1948.
Denomination $1,000.
Due lowest interest cost to the City.
$18,000, 1956; $20,000 from
$25,000 3s. Due on March 1: $3,000
Premiums will be taken into con¬
Oct. 1; as follows: $30,000, in 1949
1957 to 1959 incl., and $25,000
from 1949 to
1953 inclusive
sideration in
computing interest
to
from 1960 to 1963 incl.
1953, and $20,000 in 1954 to
and $5,000 in 1954 and 1955.
1963.
Bonds maturing in 1954 to cost only if necessary to deter¬
340,000 3 V2s. Due on Oct. 1: $30,mine which of two or more other¬
40,p00 2% s. Due $5,000 on March
000 from 1964 to 1969 incl.,
1963, are callable in; whole or in
11 from 1956 to 1963 inclusive.
wise identical bids result in the
and $40,000 from 1970 to 1973
part, in the inverse numerical or*
lowest interest cost.
The bonds
All of the bonds are dated Sept.
der of maturity at par and accrued
inclusive.
1, 1948.
interest on Oct. 1, 1953, or on any are payable at the Hamilton Na¬
All of* the bonds are dated Oct.
tional Bank, Knoxville, or at the
interest
paying date thereafter.
McKinney, Texas
Citizens Bank, Elizabethton. De¬ 1, 1948. Interest A-O. Denom. $1,Bidders to name the rate of in*
000. Bonds maturing 1959 to 1973
Bond Offering—R. F. Newsome,
terest in multiples of Vs of 1%. livery of the bonds will be made
are callable on Oct. 1, 1958, or on
at the
Hamilton National Bank,
Mayor, will receive sealed bids
Kegisterable as to principal only.
Knoxville; These bonds are issued any interest payment date there¬ until 3 p.m.
(CST) on Sept. * 2
The bonds are issued subject to the
after prior to maturity, at par and
for the purchase of 350,000 sewer
for the purpose of extending and
favorable opinion of Townsend,
accrued interest plus a premium
revenue bonds.
improving the electric system of
Elliott & Munson of Philadelphia,
of $25
per
$1,000 bond if re¬
the City arid, together with any
and will be delivered to the pur¬
deemed on or before April 1, 1959,
Nederland, Texas
other obligations which may be
chaser only if and after the pro¬
the premium to be reduced $5 on
Bonds Publicly Offered — The
issued in the future on a parity
ceeding authorizing the issuance
Oct. 1, 1959, and a like amount on following
bo n d s, aggregating
under the provisions of the reso¬
thereof have been approved by
Oct. 1, of each succeeding year
$170,000, are being offered for
lution authorizing the bonds, are
the
Department of Internal Af¬
until Oct. 1, 1963, on and after public investment by
Moroney,
fairs.
Enclose
a
certified
or payable solely from the net reve¬ which date the outstanding bonds Beissner &
Co., of Houston:
nues
derived from the operation
cashier's check for 2% of the face
are
callable at par and accrued
of the City's electric distribution
$16,000 3Vg% street improvement
amount of the bonds, payable to
interest.
Principal and interest
bonds. Due $4,000 on Feb. 10
system, subordinate to the pledge
the District Treasurer.
payable at the State Treasurer's
from 1950 to 1953 incl.
of such revenues for the outstand¬
30
Aug.
man
in
be
to
Payable; at the Mont-|
National Bank of Monti
the Merchants National;
pelier
Bank
Bond
of
$1,000 in 1961
interest
Treasurer's pelier,
Hidalgo County Road Dist. No.
approved by Chap¬
gality to be
State
1,
and
of
1, 1968 have % of; 1 %,
payment
the
1948,
at
office.
$2,000
follows:
as
been called for
Oct.
follows: $2,000 in 1949 to 1960
as
■
of $356,646
dated
1938 and due on Oct.
tion; at 10 a.m: (CST) on Sept. 21
an issue of $38,000 street improve¬
ment bonds.
Dated Sept. 1, 1948.
Sept.
total
bonds,
refunding
Recorder, will offer at public auc¬
Due
■.
■
Call—A
Bond
Neal, City
Bond Offering—T. R.
from
itm
Donna, Texas
Portland, Tenn.
on
Monday, September 6, 194?
FINANCIAL CHRONICLE
&
THE- COMMERCIAL
(996)
60
)-4i
of
net
Fairclough & Co., Ltd.,
interest
cost
basis
of
3.45%
The bonds mature in 20 years.
The
offering attracted seven tenders
with
the ~ spread
between , the
highest - and
lowest bid
being
slightly more than fifty„cents pei
hundred dollars..
@FedFRASER