The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MONDAY
AW I 2
1343
9
ommztcia
K:. /
Keg.
Volume
Number 4167
157
New
ST AT E
U.
S.
Pat.
Office
York, N. Y., Monday, April 12, 1943
CITY
AND
Price 60 Cents
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
Sch. Dist. No.
7, county general,
registered on or be¬
all warrants
fore April
In This Issue
Sch.
29, 1942.
No..-16,
registered,
Dist.
warrants
Corporation News
No.
Dist.
Sch.
special,
r
12,
City News
Jan.
•
New
Dec.
New
22, 1942.
Denver
(City and County), Colo.
Bond Call—The following bonds
are being called for payment, in¬
Exchange
terest to cease on
"
Curb
York
April 30:
Refunding improvement bonds,
Out-of-Town Listed Markets
series
1941, Nos. 501 to 650.
Burlington Capitol Hill Sani¬
tary Sewer District Nos. 1 to 17.
Unlisted Securities
Sixteenth
Street
Roadway Im¬
terial
Greeley, Colo.
have
bondholders
The
this
take
to
been
although
holders,
Decision
ort
Call—Suit
has
been
Court of Arizona in the
of Maricopa County v. Os-
case
May
decided
born,
the State of Wash¬
determine whether ; the
above county has the right to at¬
Act,
to
redemption of bonds held
tempt
by the above plaintiffs.
the Phoenix
"Arizona Republic," will provide
The
action,
says
the
that
fact
demption
in
of
Board
"The
and
tempt to issue refunding bonds to
cover
$4,100,000 outstanding in
ap¬
20-year-old
and
highway bonds.
older
county
000
been
County
the
Commission
Loan
the
Supervisors,
and
E.
Dan
Garvey, State Treasurer, and Ana
Frohmiller, State Auditor, as de¬
fendants. They have 20 days from
March
swer. >
The
Gust
in which to file an an¬
31
■' '■'' _>Vv>"1,
complaint, filed by John L.
of
Gust, Rosenfeld, DivelRobinette and Coolidge of
biss,
Phoenix
asks
declare
•to
the
Federal
Court
county bonds held by
the
plaintiffs are not subject to
call before their due dates, which
from 1943 to
range
at
1951.
-
.
,
holds
$236,000 in the bonds, the Equi¬
table Life Insurance Co. of Iowa,
Curb and Gutter Dis¬
trict No. 7,
naming
defendants
as
the commissioners of the districts
members
and
of
the
Pine
City Council.
The
Bluff
: ./>
•
suit,
setting out that Mr.
Taylor holds bonds amounting to
$4,691.70, including principal and
interest, on which no payments
have been made since April 30,
The suit also states that
1942.
have
collections
tax
in
State of Washington
The
filed
was
Bluff, April 2, in Jefferson
Court, by
Pinchback
Taylor seeking payment on prin¬
cipal and interest on bonds of
Pine Bluff, Ark., Paving District
43 and
the
districts
been
no
made
since
1937, when
the bonds matured, and asks for
distribution of funds
session of the
$91,000.
in pos¬
now
districts.
,
} •',
.
mission
Mr.
Gust,
Crowley County Sch. Dists., Colo.
Warrants Called
The County
Treasurer is calling for payment
the following warrants:
Sch. Dist. No. 1, special, all war¬
rants registered on or before Feb.
citizens
were
26,
in
accepting the bid of a
Los Angeles-Denver syndicate for
the refunding issue.
The
-suit
.
possibility of
was
who
said
indicated
certain
a
by
third test
contemplating bringing action to
restrain
from
the
Loan
Commission
surrendering certain of the
bonds,
held ,in
which he said are being
trust for the State school
fund.
—
1943.
warrants
Feb.
1943.
No.
2, special, all
registered on or before
17, 1943.
bids
a.m.
on
bonds
refunding bonds.
15, as follows: $46,-
1944,
$48,000
in
1945,
<
the
to
and
County,
5, has
Supreme
it probably
days before
the last-named
of
a
decision
court, it being
highest court of appeal, will
be rendered.
•
,
Circuit
Court
judge
;
in
found all pro¬
cases
matters
on
Progress
of
Bond
Proceedings — In re¬
gard to the validation of Special
Tax
School
Districts
Nos.
3, 5, 7
and
9 bonds, aggregating $2,025,000, the following information has
been made available by John J.
Lindsey,'
attorney
Public
"As
to
for the
Board
Instruction:
District
3, $875,000
proposed bonds, the taxpayers in¬
tervened
and
successfully
op¬
posed the -validation proceedings
in
the
Circuit
County, Fla.
Court
of
Dade
suit
a
the
to
Depart¬
enjoin
State
Government
is
not
No immediate ruling was made
by Judge Walker, with the basic
issue being whether the Florida
tax
is
levied
the
or
against
the
dealer
consumer.
Paul F.
Mickey, of Washington,
assistant to the Federal Attorney-
agreed
tax
tion.
if
that
there
is
no
it
is
•>
.
Florida's emergency tax of
cent
gallon,
a
levied
1931,
tax
a
exemp¬
which
has
one
been
by every Legislature since
is flatly called a dealers'
in
the statute, Mr. Mickey
said, and the Federal Government
is not contesting payment of that
portion of the total levy.
Representing the State, J. Lewis
Hall, of Tallahassee, argued that
a
1931 act setting up the
general
concerning and
governing the issues to have been six cents gas tax
explicitly calls
fully complied with as required the levy a dealers'
tax, that a
by law; holding that, in his opin¬ 1937 amendment
calling it a con¬
ion, the word 'participate,' as con¬ sumers' tax was
unconstitutional,
in
tained
the
constitutional
pro¬
and
governing bond issues in
Florida, meant 'actual voting' one
way or the other.
"As to Districts Nos. 7 and 9,
and
amendment
the
dition
vision
State
Attorney
appeared
in
that
subsequent gas tax laws
amendments
the
use
lan¬
of the 1931 act.
guage
Mr.
Hall
to
argued
was
the
that
the
merely
1931
law
1937
ad¬
an
which the
behalf of the State of Florida and
Legislature made after the State
all other persons interested and Supreme Court had
held the tax
challenged by his answer each of was against dealers. To be valid,
the procedural steps required in he held, it should have
changed
eral
of
agencies must pay one cent
seven cents a
gallon
Florida's
gasoline tax, Federal Government
contended in oral ar¬
gument before Circuit Judge W.
May Walker at Tallahassee, A.pril
2, that the other six cents is a
consumers' levy from which the
attorneys
Federal Government is exempt.
No.
Federal
exempt.
the
express
Lawyers
that
the
for
the
entire
State
argued
is
levied
tax
against dealers and that it must
be paid by Federal agencies
if
passed
on
to them by the dealers.
The argument was on a
motion
language referred to
by the court.
Mr.
eral
District
Scruggs
ment
was
Bond
of
payment
the
S.
L.
amend¬
valid.
Lauderdale, Fla.
Call
with
Series
Attorney
contended
Fort
tion
-
Mickey and Assistant Fed¬
Notice—In
the
harbor
connec¬
refunding,
1937
on
bonds, called for
May 1, at the Chem¬
Co., New York
ical Bank & Trust
City, the bonds called
to
as
are
Nos.
1
1,910, and not Nos. 1 to 1,190,
previously noted—v. 157, p.
1226.
Payment of these bonds has
been
assumed
by the Broward
County Port Authority, Fla.
Tampa, Fla.
t
'
dismiss
to
the
Justice
that
son
dealers'
judge
The
Circuit
Court
3%% refunding bonds. each case.
15, as follows: $99,- judge found that all procedural
000 in 1951, $103,000 in 1952, matters correctly and fully had
$107,000 in 1953, $110,000 in been complied with; also, that a
1954, $115,000 in 1955, $132,- majority of the freeholders had
000 in 1956 and $138,000 in participated in the elections by
actual voting,
>
1957.
and, accordingly,
2,600,000 4%
refunding bonds. entered his decree validating the
Due Dec. 15, as follows: $154,- bonds of these Districts, Nos. 7
000 in 1958, $161,000 in 1959, and 9.
"For your information, it is un¬
$168,000 in 1960, $176,000 in
1961, $183,000 in 1962, $191,- likely that the two $150,000 bond
000 in 1963, $198,000 in 1964, issues of Districts Nos. 7 and 9
$206,000 in 1965, $215,000 in will be placed upon the market
1966, $224,000 in 1967, $232,- during the continuance of the
>
y 000 in 1968, $241,000 in 1969 present war, since bonds would
and $251,000 in 1970.
begin immediately to bear inter¬
Interest
payable
J-D.
Dated est and, under the priority rul¬
Dec.
15, 1942..
Denom.
$1,000. ings, the type of improvements
Payable at the American National contemplated could not be accom¬
.-Bank
&
Trust
Co.
of
Chicago. plished."
Registerable as to principal.
Florida (State of)
Dade County Spec. Tax Sch. Dists.
Hearing On Gasoline Tax Claim
(P. O. Miami), Fla.
—Although conceding t that Fed¬
of
Sch. Dist. No. 1, county general,
all warrants registered on or be¬
fore Jan. 27,
Sch.
Dist.
9
Validation
'
the action of the State Loan Com¬
in
Report
COLORADO
The test suits have arisen from
be 60
of
ment
>
Pine
No.
appealed
by
General,
the
of
Due Dec.
Various
On
District Bonds—Suit
Reg¬
804,000
Bluff, Ark.
Payment
Sealed
$49,000 in
1946, $51,000 in
•1947, $53,000 in 1948, $55,000
in 1949 and $57,000 in 1950.
Chancery
The Federal Court test will line
up
Due Dec.
■
ARKANSAS
Pine
—
until
3y2%
$359,000
affected by that decision.
Seeks
received
purchase of the following
aggregating $3,763,000:
bonds in the State of Arizona are
County
the
decision
each of these
10 by R. T. Spangler, Sec¬
retary of the Authority, for the
proximately $15,000,000 of out¬
standing county and municipal
Supervisors in their at¬
certi¬
against the issue.
"The
April
the stiffest test for the State Loan
•Commission
Offered
Bonds
were
the
that
an
County Port Authority
(P. O. Fort Lauderdale), Fla.
re¬
reserved
estimated
is
of
option
no
was
It
bonds.
the
by
istration,
obtained and surren¬
signature
identification
slips to the custodians of the vot¬
ing machines upon entering the
voting booths, the tabulations in
the voting machines did not show
a majority
to have voted for or
of
Broward
highway bonds of Maricopa Coun¬
ty were callable prior to the date
of their maturity, notwithstanding
ington and the Equitable' Life In¬
surance
Co. of Iowa, under the
Federal
Declaratory
Judgment
shown
dered
cedural
in
1942,
4,
ma¬
that,
was
majority of the free¬
as
on
FLORIDA
which the court held that certain
at Phoenix by
a
raised
fied list of the Supervisor of
our
preme
^entered in the U, S. District Court
election
an
April 6 the voters authorized
issue of $100,000 airport bonds.
because
step
of the recent decision of the Su¬
Ariz.
Bondholders Seek Federal Court
instances, the only
question
Court of Florida
Bonds Voted—At
State
Comptroller J. M. Lee from col¬
lecting the tax on gasoline sold
to Federal agencies.
Comptroller
Lee ordered the tax paid on Fed¬
eral purchases after February 15,
upon receiving
an opinion from
State Attorney-General Tom Wat¬
by which the same
legal question was presented as
in the demurrer filed by the tax¬
payers in District No. 3.
answer
in both Districts Nos. 3" and
Nos. 11 to 17.
the
filed
the Circuit Court of Dade
157, Nos. 1 to 20.
Alley Paving District No. 210,
by
brought
will
moved
5, only the
No.
(See Index Below)
ARIZONA
District No.
provement District No. 1, No. 26.
Street
Improvement
District
Miscellaneous
Maricopa County (P. O. Phoenix),
to
"In both
No. 25, special, all
registered on or before
Dist.
Exchange
Stock
York
all
before
or
"As
S
State Attorney, on behalf of the
State of Florida, appeared
and
30, 1943.
Sch.
warrants
QUOTATIONS
all
special,
warrants registered on
State and
Copy
a
Bond
Bill
Published—The
has published a
authorize
bonds
an
city
legislative bill to
issue
of
additional
by the Water Department,
INDEX
Qoutations:
Page
Exchange.. ......1329
Exchange..
1345
Other Stock Exchanges
.1350
Unlisted Securities................1355
State and City Department:
Bond Proposals and Negotiations. .1321
General Corp. and Investment News. 1359
New
York Stock
New York Curb
Dividends Declared and Payable
1325
Redemption Calls and Sinking Fund
Notices
1325
The Course of Bank Clearings
Foreign Exchange Rates
Combined
Condition
Statement
Federal
Member
Banks
Condition
1328
of
Reserve Banks
ment
Auction
1356
...
1328
State¬
1328
Sales
1328
the
but
it"
Attorney reports
City
authority to take
unlimited ad valorem taxes to
of
of
the taxable property within the
city. Enclose a certified check for
pose.
The city officials are said V/2% of the amount of the bonds,
to have been
asked by Masslich payable to the- city.
done
as
a
safeguard
rather than in expectation of fur¬
ther
bond
issues
for this pur¬
is
being
this
passed should additional
bill
improvements be found necessary
original report given on April
5—v. 157, p. 1227.)
; yV; • >
the
in the next two years.
St. Joseph
ILLINOIS
District (P. O,
Beardstown Sanitary
Beardstoivn), III.
Sale Details—In connec¬
Bond
bonds being
refunded by the H. C. Speers &
Sons Co. of Chicago, as noted here
in January,
it is now reported
tion with the $148,000
3%% interest,
that the bonds bear
ture Nov.
1943
15,
of $1,000,
as
1945,
to
1942, in the
and ma¬
15,
Nov.
dated
are
denomination
follows: $5,000 in
$6,000 in 1946 to
1943, $7,000 in 1949 to 1951, $8,000
in 1952 and 1953, $9,000 in 1954
1955, and $10,000 in 1956 to
and
Bondholders
nection
000.000
1943
is
it
here,
•warrants
anticipa¬
relief tax
1%,
at
warrants
tion
that
the
March
elated
are
noted
as
25,
stated
now
con¬
of the $2,-
with the sale
re¬
port appeared in the April 1 issue
of the South Bend "Tribune":
j
"The
interests of Barrett law
in
bondholders
$3,000,000
delin¬
some
liens
Barrett
of
on
quent tax properties in St.
Joseph
upheld today when
Judge J. Elmer Peak,
in the first test of Indi¬
County
was
and were sold to the First
Bank, Continental Illi¬
nois National Bank & Trust Co.,
-Northern Trust Co. Harris Trust
1943,
Bank, City National
Co., and the Amer¬
National Bank & Trust Co.,
Savings
ruling
ana's
all of Chicago.
Douglas Township (P. O. Gilman),
III.
Voted—At
Bonds
an
held recently the voters
of
issuance
$93,000
,
election
approved
highway
1941
invalid.
was
State, held that the county's pur¬
chase of property in 1941 was not
valid because the tax sale was
1941; he
Expected
$19,-
issue
to
assessments
The
it
made
law
new
well
as
possible to offer delinquent prop¬
erty for sale for taxes only.
"It
impossible, according to
was
bid
1941
Act, since the property had been
the
ruling, for the county to
the
under
property
the
old
advertised for sale under the
Act, which required that the sale
price
include
both
taxes
and
iiens. The county's bid was made
on
the basis of taxes only.
Tt
the
639.67
judgment bonds in order
pay back
salaries of certain
within
was
said
of
the
of
power
divert the in¬
Legislature to
will be neces¬ terests
city
the
for
sary
sales
'"Judge Peak said:
We
—
should include
tax
taxes.-
as
"
Issuance
Prior to
provided
law
all
that
Barrett
Elgin, III.
Bond
advertised.
said, the law
improperly
imp't bonds by a wide margin.
understand that it
land
and
owners
by provi¬
operating prospectively, not
retrospectively.'
The law, the
lien
holders, but only
sions
.municipal employees.
/-V";; judge explained, could not reach
back into the past; it could oper¬
INDIANA
ate only in the future.;
'
"'Any other construction,' Judge
Indianapolis, hid.
Peak added, 'would compel the
Bond Offering—Sealed bids will
court to find provisions of the law
be received until 11 a.m. (CWT),
contrary to constitutional provi¬
on April 16, by City Controller Roy
sions of our State.' ■ y,1;. ■ri&fy'r'
E. Hickman, for the purchase of
"The case decided by the court
$150,000 refunding of 1943 bonds.
Interest rate is not to exceed 4%,
that of Robert G. Berry, rep¬
was
resenting Barrett bondholders of
payable J-J. Denom. $1,000. Dated
the
May 1, 1843.
Due on July 1, as,
follows:-; $7,000 in 1944 to 1962, and
Muszer, County Auditor. The City
of South Bend is the largest sin¬
1963.
Rate of interest
multiples of % of 1%, and
gle
to be in
worth
than
more
shall
interest
one
named
be
rate
highest bidder who has submitted
his
accordance
in
bid
notice of sale.
will
the
be
with
The highest
who
one
the
bidder
be
determined
the total interest
to their
by
The
pages.
second
principal effect of
the decision is a recognition of
1843 amendments to the tax laws,
which caused the
'that
computing
sale
no
made
judge to provide
for
taxes
be
can
by the County Auditor ex¬
cept upon condition that any per¬
all the bonds
on
was
"The
lowest net interest cost to the city,
to
of liens.
written
the
offers
with $1,000,000
judge's rul¬
transcribed on' 21 type¬
bondholder,
ing
each bidder,
by
The bonds will be awarded to the
A.
Nicholas
against
countyi
$17,000 in
not
having
son
maturities and deducting
interest
vested
a
in
said real estate, either as the orig¬
therefrom
the
premium bid, if
In the event of the non-per¬
formance by the successful bidder^
inal
any.
valid
the
til April 15, 1945.' ) VTvf!—;
"The court also ruled 'that the
City
the
Comptroller
right
and
shall
to
award the issue to the next high¬
No
est bidder.
the
par
accrued
value
bid
for less
of the
interest
to
than
bonds plus
date
of
de¬
livery at the interest rate named
owner
•
behalf
on
taxes
on
been
No.
subject
issue
as
7-1943.
Bids may
the legality of the
by the bid¬
to
determined
are
received
the
on
date
at
stated
bids
day
will
to
be
day
opened at the
hour each day.
be required to
the
bonds
at
thereafter
and
same
The purchaser will
(CWT), on
May 1, at the City Comptroller's
office.
a.m.
unless
years
there
has
of notices of such
prospective sale, as required by
"Judge
Peak
no
emphasized
efforts
the 1941 Tax Act.
"
The
Auditor,
ceeded
patch
per.'
with
to
that
criticism for the County
act
to
comply with
;
he
said,
on
diligence and
he deemed
as
dis¬
pro¬
-
,
"Judge Peak noted that 'only
a
last
resort
and
when
all
as
other
governmental unit be vested with
opinion
of
distress
would
owing
Note
000
Maine
summer
this
Sale—The
issue
offered
notes
of
$300,-
April
7
awarded to the First Boston
New
York,
at
was
Corp.,
discount.
0.422%
Dated April 7, 1943,; and due Nov.
22, 1943.
court.
T:';
;■ y v'/
4 "The aim of the measure seems
The National Shawmut
Bank and the Merchants National
Bank, both of Boston, in joint ac¬
count, was second high bidder,
aim
be
to
1944.
14,
Everett, Mass.
be
Basically,
Jan.
0.519%.
war
July
appear
due
Co., New York, second
bidder, named a rate of
high
granted a moratorium
1, 1945, in the paying
of taxes, mortgages and interest,
If
this; measure is passed, the
need
in
each
individual
case
would have to be'decided by the
until
would
delinquent
the
to
and
Leavitt &
and like resorts that are in finan¬
cial
1943,
9,
the
House
hotels
over
legislation voted by The
whereby
Maine summer
laudable.
prac¬
to
grant
resorts that needed
offering to discount the notes at
0.43%.
'
.
sale.
tax
and
sale
the
At
"
time
preceding
| 1943
the
'
deferment in paying tax and
other mortgage obligations.
In¬
it,
the tax
of
a
amendment, property owners were
directly, it would prevent
allowed
lators from
in which
to redeem their property."
only
year
one
would
Chariton, Iowa
To
Bonds
Issue
Council
—
action
final
take
will
1955 and
;
'
Iowa
it
tion
be
is
constitutional.
not
As
expressed
Notes
the Legisla¬
law. impair¬
ing the obligation of contracts.'
would
not
impair
accrued
and
on
interest
1954.
1,
the
Bids shall
will, take
specify the
which the bid¬
rate of interest at
bonds
the
at
ion
to
as
par
; r.
fered
to
opinion will, be
purchaser.
These
bonds are the last $14,000 of a
total. issue of $28,000, the first
the
measure,
which
Louisville, Ky.
Financial
*
.
bonds
issue
to
of
accounting
an
plan
-
on
than
will
!
the. period, of
maintenance
13,
until
is based1
adapted
what
city
is
gets
after
of
the
the
./
:
for
State
again
connection
on
6
April
Commission
of
7bridge
at
of
April
"It
is
3
stated
,
y
.
editorially,
.
as
....
perfectly understandable
.
why there should have been con¬
siderable argument -and . a fairly
on. or
approving
The
Ropes, . Gray,
Best,
Rugg of Boston will
be furnished the purchaser.
Bids
by telephone will be accepted. ;:
of
Coolidge &
Springfield, Mass. \7y%'.:%Sold —City
Treasurer
George W.
Rice states that a
$500,000 issue of revenue notes
was sold on April 2, at 0.34% dis¬
count. Due on Dec. 8,1943.
/
Nolcs
-"0 Taunton, Mass,
Sold—The
Notes
'
$200,000 tem¬
loan notes offered for sale
April 6 were awarded to the
porary
on
Bristol County Trust Co, of Taun¬
ton
at
0.426%
Due
discount.
on
1943.
Water town,
Maes.
Sold—The
Notes
$300,000 tem¬
loan notes offered for sale
April 6 were awarded jointly
the, Second National Bank of
porary
on
to
Boston
the
and
Boston
Safe
De¬
posit Co., at 0.378% discount. Due
011 Nov. 15,
1943.
West
Note
Springfield, Mass*
0
Sale—An issue of $50,000
sold
was
discount
of
privately
0.34%,
Due
,
at
Dec.
a
31,
1943.
'0 Bridge water, Mass.
Sold—$50,000 issue of
revenue
notes
was
awarded on
0
Winthrop, Mass.
Bank of
Dec.
on
Brockton, at 0.417%. Due
3, 1943.
Bristol
■*;
,
■
.
•
Notes
000
O. Taunton),
County (P.
,'
-
Mass,
' ■ ■;
issue of $125,-
Sold^-An
tuberculosis'
notes
.
hospital
were
Temporary
Due
April 1, 1944.
.
Note
Sale—The
issue of $300,-
April 8 was
awarded to The Second National
offered
Bank of Boston,
p<;t-tn-fnllnw
at 0.497%
hflsis-
Dated
$200,000
Ferndale, Mich.
Sealed Tenders Invited
.
—
City
Manager Jay F. Gilbs will receive
sealed
tenders until 8
p.m.
on
.
Brockton, Mass.
C00 .notes
A
was
MICHIGAN
on
\y
on
—
awarded on
April 2
Second National
Bank
of Boston, at 0.40%
dis¬
count, plus a premium of $1. Due
$100,000 on Nov. 1 and Dec. 1,
.1943.
T
T.; T
main¬
awarded
Loan
loan
to the
temporary
April 6 to Goldman, Sachs & Co.
of New York at 0.438% discount.
„
14.
opinion
Notes
4% waterworks
bonds were purchased on
(State of)
Proposes Tax Aid for Summer
Resorts—The Lewiston ^'Journal"
to genu¬
as
at said bank
April
notes
MASSACHUSETTS
7
tenance
follows:
about
99.75; $4,000 at 99% and $71,-
states that $3,000
MAINE
Bank
validity by the First
delivered
be
>
Pur¬
with the
April 5 to the Brockton National
Maine
,1944.
National Bank of Boston and will
of)
000 at par.
Russell, Ky.
•./%
Bonds Sold—The City Treasurer
by the First & Peoples
Bank of Russell, the only bidder,
Interest payable A-O.
and
ineness
Bonds
refunding bonds, due in
1961, Chief Auditor William A.
Codd reports that $50,000 bonds
were
purchased at 99.50; $50,000
^ '
1
will be authenticated
Nov. 26,
(State
tenders
Roads
be
revenue
-
-
7,
the Central Hanover
;f 000'-
„
Revenue
chased—In
call
'
April
April
Due
April
$25,000
&,Trust Co., New York. The notes
struc¬
when labor
war,
Maryland
revenue
;
.
;
Bridge
document
its
the
that
materials! would
and
Municipal
with it. 7..
done
on
Dated
notes.
$10,000.
at
or
•
cost
available.
as
the
where
and
bids will
a.m.
Denominations
1943.
and
$1,500,000 to $1,750,000. ' It is not to be' launched
j
particularly
who
this
Dedham),
■'/00000-
April
Pettingell, County
Treasurer, for the purchase of
$250,000 tuberculosis hospital
redemp¬
retirement
estimated
is
ture, will
perhaps secure
from
011
,
It
.
person
understand
O.
Note Offering—Sealed
funds
provide
pledge of the municipal credit.
the document is not
streamlined for the
desires his civic in-:
formation in picture form. 5 Still;
any
intelligent ? member of thd
community can by a Tittle effort
citizen,
(P.
County
be received until 11
cally, according to Mr. Benson,
that issuance of bonds by the Au¬
thority
shall
not
involve
any
run-of-the-mind
the
!v -;
the First National Bank of Boston
satisfaction from the report
more
•
awarded
was
Mass.
All the market
expenses, interest on and
Accounting, and the report itself
gives the financial story of the
city in tables such as that corn-!
mittee envisaged.
The creditors
of Louisville will
>
stall metals and parking
revenue,
from the recommendations of the
National Committee
7"
fees would be used for operating
ing last Aug. 31 is definitely the?
on
loan
,
Issued under authority of Chapter
111 of General Laws. Payable at
according to James W. Martin oil
the University of Kentucky/; Fob
some years Mr. Lindsey has made:
gradual progress along this. line.;
The statement for the year end-!
*. '
'
$700,000
Newton, at 0.36%, plus a pre?
Due on Nov. 3, 1943.
Norfolk
Mayor Howard W. Jackson pre¬
Finance Di¬
Lindsey '.brings viously had announced that he
Louisville,
Ky.,
well
into the- would give his support to the pro¬
posal, if the city's credit is not
ranks of the cities which provide
citizens a full and understandable1 pledged, in the financing of the
report of the city's fiscal affairs,- proposal/; The bill states specifi¬
,
.7./-
Mass.
Loan —A
mium of $10.
H,
best yet published.
■In general, the report
* 1')'
<\
temporary
Report Streamlined—7
John
were
April 2 to the Newton Trust Co.
In his current report,
rector
6
Waltham, at 0.374% dis¬
on April 7,
1944.
Newton,
T': ■■■[ debt. Then the market would be
turned back to the municipality.
■
0
Temporary
drafted
was
April
on
13 by Ralph D.
$14,000 bearing interest at 2% are tion! of the bonds.
'
to
be
exchanged for presently 7 ,Under the. measure the city
outstanding bonds.. Enclose a cer-; would. convey the market to the
tified check for $1,000. 000
' • J Authority for administration and
handling of the revenue during
;
sale
Due
count.;
•IV
Legislature.
for the structure.
the
000; KENTUCKY
for
Bank of
con¬
son, would create a Market Au¬
thority that would have the power
legality by Stipp, Perry,
&
Starzinger, of Des
furnished
The
—
awarded to the Waltham National
by City Solicitor F. Murray Ben¬
which
Moines,;
in
24,
County (P. O. East
Cambridge), Mass.
Sold
County Treasurer
for
troduced
plus accrued interest.
The bonds
will be sold subject to the opin¬
Bannister
roof
Dated
Nov.
$300,000 temporary loan notes of¬
parking automobiles
through a self-liquidating bond
issue is provided for in a bill in¬
interest payment date
any
thereafter.
der
Nov.
on
due
Charles P. Howard states that the
; i, "Proponents y claim
that Ela's
objection is incorrect; that the
measure
1943.
and
Middlesex
Rep¬
it,
•
for
revenue
13, 1943,
1943.
receive
tracts, but simply, would defer
sealed bids until T p.m. on April
contractual obligations."
15 for the purchase of $14,000 air¬
port bonds.
Dated May 1;, 1943.
MARYLAND
Due Nov. T; as follows: $1,500 in
Baltimore, Md.
1954 to 1957, $2,000 in 1958, $1,500
in 1959 and 1960, $2,000- in; 1961- ff Market Authority Bonds Pro¬
and $1,000 in 1962.
Callable at posed — Construction of a new
the option of the City, at par and Lexington Market with space on
Clerk, % will
City
son,
of
April
take the stand that
measure
Anson
Bjorn-
J.
to
Bon--
y
Treasurer, will re¬
a.m. (EWT) on April
13 for the purchase at discount of
$600,000 notes issued in anticipa¬
ture .'shall not pass a
v
Offering—R.
Bond
criticism
City
ceive bids 11
resentative Arthur E. Ela of North
$9,000 in 1956.
Clarion,
>
v
is Tittle
of the
April 12 in the matter of issuing
$13,000 31/2% water works rev¬
enue bonds, dated March 1,
1943,
and due Dec. 1, as follows: $4,000
in
vouloir,
accomplish
to
Holyoke, Mass.
Offering — Lionel
Note
specu¬
mortgaged
up
found.7 ! '-'000 ■■
V"On the other hand, opponents
City
The
attempt
there
' T .*
\
buying
property at 'distress' prices. Thus,
on the/grounds of what the bill
'pro¬
methods of securing the payment
The bonds shall be direct' of taxes
have failed,
should u
obligations of the city, payable out
in the
by the county
revenue
law.'
accept delivery of
10
general
five
publications
above, the sale will be continued
from
and
are
for
Auditor,
Auditor's
bids
for
and subsequent
12, 1941, two successive
public offerings in two different
successive years after two annua)
County
satisfactory
and
not bid
county
to March
he had
time
a
prior to such action by the
der's attorney, but otherwise shall
be unconditional. In the event no
the
of
parcel in St. Joseph
assessments
delinquent
be
may
the
of
unless there
County
tax
any
bonds
Ordinance
holder
the
County Auditor
.
in
in the
bid, will be considered. The
are
being issued for the
purpose of procuring funds to be
used in paying a like amount of
general obligations maturing May
1, 1943, as provided by General
or
lien, shall have the right to
redeem the same at any time un¬
have
authorized
is
held
were
tically all of the property obtained
purchase of 4,515
parcels of delinquent property in
on
'
rett law liens
tax sale laws, declared
new
that the county's
Bank & Trust
ican
.
Superior
National
to
following
The
—
.
.
"Attorneys here said that Bar¬
Decisions Favors Barrett
Court
worth
divest original
owners and those having lawfully
created liens and rights in and
to such property of their interest.
It is'plain
that this thought
was
strong
in
the
legislative
mind when by the amendment (of
1943) the time for redemption; of;
real estate affected by, the pro¬
visions of
(the 1941 law);
.
was'extended to April 15, 1945J.
.
split'
even
real:,prop--
over
thereby
and
erty
.
Peak's ruling, which
may influence the future opera¬
tions-of all taxing units in the
Chicago, III.
Additional Information—In
the
County (P. O. South
Bend), Ind.
I■
"Judge
1961.
&
supersedes
(This offering notice
Mitchell, of New York, to have
&
and collected on all
levied
be
(
Monday, April 12, 1943
& FINANCIAL CHRONICLE
THE COMMERCIAL
1322
interApril
April 19 of refunding of 1935
bonds, series F, G, H and I, and
indebtedness, series
certificates of
A.
B,
C and
fully describe
Tenders should
the bonds or cer-
D.
-
Volume
tificates
numbers,,
for
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4167
157
offered, including serial
and should state sum
which
these
bonds
or
certifi¬
cates will be sold.
Detroit, Mich.
Local "Ruml Plan" Advocated—
year 1943 is $144,190,808. /T:/;/•■///..//•!
Commerce Trust Co. and the NaT .-/.The valuation of all classes of
tional Bank & Trust Co., both of property for the entire county in
Kansas City, purchased on, April 1943 is $1,056,793,914 and in Jer-!
2 from the Metropolitan Life In-? sey City $544,185,613.
Reduction of the
of
Co. of New York
surance
taxes
city's real estate
through adoption of a plan
similar
the
to
much
discussed
i^'Ruml^plah;": mhder Chich
i
DO--
a
block
of
price of 114.78, a basis
Dated Sept. lj
a
suggested.
1946,
1950, $110,000,
.
a
proposal, based
on
Philadelphia's successful munic*
ipal income tax, would be offered
for
study to Mayor Jefferies
announced
March
M.. Corcoran,
Board
of
2.5
member
of
the
Since such
Assessors.
levy would require State legis¬
a
lation, however, the possibility of
its adoption was regarded as re¬
mote until the next session of the
State
Legislature.
"I have been studying the pos-*
sibilities of obtaining city revefrom
nues
of
means
and
income
sources
as
The
recently to
from
the
city's service but conw
tribute nothing to the
Mr. Corcoran.
"Large
of)
Dated
It
predicted the
was
2%f
to
tax
.which'
revenue,
been
averaging
000
tax
tq
has
$30,000,-:
nearly
cost," said
city's
1 lk %
tax produced, a
Bond
tax rate
come
the
of
success
1%
to
the
Preliminary
because of
collections.
cited
of
estimates
the
indicating: that Detroit's
as
revenue
from such
a source
at 1%
would
approximate $20,000,000 a
or 25% of the current real
year
and
personal property tax levy.
Grand Rapids and Paris Townships
Fractional Graded Sch, Dist. ■
No. 3
(P. O. East Grand
Rapids), Mich.
Bond
Sale—The
$18,000
funding bonds offered April
re¬
6—
157, p. 1131-^were awarded t6
v,
at
Schweser
mature
1953
i57,
par
Co.
$10,000
on
p.
by
D.
Hale
State
Brake,
Treasurer,
local
municipal bonds were sold
by the State Administrative Board
at public sale on April 6—v. 157,
p; 1228. Successful bidders were
Braun, Bosworth & Co., Toledo;
H. V. Sattley & Co. and McDon¬
ald, Moore & Hayes, both of De¬
troit, jointly; Lebenthal & Co.,
New York; group headed by the
First of Michigan Corp. and in¬
cluding Crouse, Bennet, Smith &
Co., McDonald, Moore & Hayes,
and William C. Honey & Co., all
of
Detroit, and Paine, Webber,
Jackson' & Curtis.
The principal
blocks
bonds
of
bonds
consisted
included
of
the Cities of East
in
the
obligations of
Detroit, Lincoln
,'//■
Secondary
Sale
composed of the
—
A
a
statement showing
1943valuation
provement and
in
of
land,"
imf
personal property
City of $434,261,692,
$40,733,035 below thC
1943
assessment
figure arrived
at by the city'a assessors.
For
all 12 municipalities- in. Hudson
County the County Tax Board's
figure is $912,603,106 as compared
Jersey
which
is
Harris Trust
&
lowest rate of
bonds
be
bidders
or
will
of¬
therefor the highest
price,, which price shall
not exceed by more than $1,000
the par value of the bonds offered
for sale.
In addition to the price
bid; the purchaser must pay ac¬
pay
interest
the
at
rate
borne
ad
valorem
Bids
taxes.
are
de¬
sired on forms which will be fur¬
nished
The
by the County Treasurer.
to
Other
bearer
bids
Oct.
on
at
the
22,
sale
1943.
included
taxes, the posi¬
tion of the State, fund would not
the following: Chemical Bank &
Trust Co.; and associates, for $1,-
be
4th, 5th and 6th series,
0.55%, plus $18; United
States Trust Co., for
$1,775,000
series 1, 2, 3 and 7, rate of
0.56%,
plus $20.
sound, based
in .this
appropriations
on
bill." /
Referring to possibilities that
number of supplemental
measures
a
spending
be before the Leg¬
may
islature, Edison
said
tant
from
deviations
the
•
hoped
this
practice
He said he
will
New
fiscal
financing, and the inclu¬
sion/in/ the bill of/a/ number of
items usually carried in a form
supplemental bills.
of
impor¬
any
of State
of
000,000
rate
•
be
nicipal
YORK
Finance
.
understood
that
Governor
and
cation
is
has signified he will approve the
two
legislative
bills
authorizing
the above city to refund certain
j udgments and tq refund certain
outstanding refunding bonds. !
Senate Int; No.
-
1319
authorizes
bonds.
assessment
of such bonds
approval
and
of
The
and
conditions
issuance
subject to the
-the terms
are
on
prescribed by the
State Comptroller,
The bill fur¬
ther provides that the bonds shall
be sold at public sale in the mar¬
ket
NORTH
:
Senate Int.
City of Long Beach to refund
during the fiscal year beginning
Dec.'
1, 1943, $50,000. principal
amount -of
general
refunding
bonds, series ; A, dated Dec. 1,
1940, and maturing June 1, 1944.
the
laws
CAROLINA
Asheboro, N. C.
Offering Expected—It
Commission, that
of
is
$14,000 issue
a
bonds
refunding
will
be
of¬
fered for sale in the next 60 days.
Buncombe
County (P. O. Ashe- V
ville), N. C.
Tenders
Accepted—In connec¬
tion with the call for. tenders on
April 6, of refunding bonds, Sec¬
retary Sinking/Fund Commission
Curtis
Bynum, of
Buncombe
County, N. C., reported that the
following bonds were purchased:
by their respective sinking -funds:
County of Buncombe reiunding
$40,000 at 60.00.
,
/
,
City of Asheville general re¬
,
.
.
funding/$34,000 at 53.50.
Asheville
Local
Tax
School
District.refunding, $9,000 at 40.40.
Various
1507 authorizes the
of
reported by W. E. Easterling, Sec¬
retary of the Local Government
provided by law.
as
revision
relating to municipal finance.
Bond
Deweyj
Approved—Gov¬
April 1, 1944, the temporary State
Commission for the study codifi¬
•
Long Beach, N. Y.
<
Refunding Bills Passed—It
of)
Dewey, is said to have ap¬
proved the Moffat bill as Chapter
220, Laws of 1943, to continue to
fol¬
•
(State
ernor
1
NEW
York
Bill for Continued Study of Mu¬
lowed in the future.
bonds
will
be
delivered
oil
Districts
Schools
and
refunding,-
Sanitary
$99,000
at
various prices.
1
OHIO
.
u
Governmental
Aid
for
Sought
Resolution asking
Congress to grant Federal aid to
Resort Cities—A
resort cities whose hotel facilities
are
taken
over
by the Army was
passed April 1 by the State Sen¬
ate. ^ The measure was introduced
of
each
class
of.. property
in Jersey City, compared with thC
city assessors' figures for the yeaf
1943, show the net difference of
$40,733,035
as
follows:
County
Board's
assessments
on
second-class railroad property
Jersey City for 1943 is placed
at $109,923,921, as against
$107,670,516 for 1942.
The valuation
of the State Tax Commissioner on
this type of property for Hudson
interest
on
and
the
1.21%
of
the
assessed
bility.
" Earlier/ the
Appropriation
BiH-~GovernQr CharlesiEdisoh re¬
/Governor
Signs
cently signed the State's general
appropriation bill which provides
$44,047,886 for support of Govern¬
departments, excepting those
under, the highway fund, for the
fiscal year which begins July 1.
The 'measure was passed by the
ment
Senate
In
and. House March 8.
signing
ernor
the
measure.
/
;
Gov¬
Edison stated:
subject to taxation
ting the appropriations bill drawn
up at so early a date.
The devia¬
tions from my own budget recom¬
"Increased
revenues
few.
from
the
Railroad Tax Act of 1941 and 1942
are
reflected
in
this
bill.
of
as
If
it
and
the principal of
maturing in such
fiscal
year
excepting only the
principal amount of bonds which
may be refunded pursuant to this
obligations
Act."
.'
New York
City Housing Authority,
New
Note
notes
York
Financing—The $2,775,000
April 8—v. 157, p.
offered
1229—were sold as follows: $1,775,000, comprising $1,500,000 of
series 1, 2 and 3, and $275,000 of
7th series, were purchased by a
group composed of the Chemical
Bank & Trust Co., National City
Bank,
New York
Trust Co.
Co.,
York, at 0.55% inter¬
est, plus a premium of $31. The
balance of $1,000,000 notes, in¬
cluding
$400,000
4th
series
and
the
by
City
on
Interest
is
rate
not
to
exceed
3%, payable M-N. Dated May 15,
1943.
Rate
:
of
interest
to
be
in
multiples of
of 1 %.
No bid
for less than par and accrued in¬
The bonds to be delivered
terest.
to the
Prin¬
cipal and interest payable at the
office of the Sinking Fund Trus¬
tees. A complete transcript of the
purchaser at Lorain.
proceedings
above
bonds
Squire,
had relative to the
to be approved by
Sanders
Cleveland
will
of
Dempsey
&
be
furnished
the
successful bidder upon the day of
sale.
The legal opinion of such
transcript to be paid by the suc¬
cessful bidder.
Enclose
a
certified
check for 2 % of the bid.
Summit
County
O.
(P.
Akron),
Ohio
Offering—Sealed bids will
be received until noon (EWT), on
Bond
April
19,
Clerk
of
by
James
A.
the
Board
of
Commissioners,
of
est
City, at 0.53%, plus a premium of
The entire $2,775,000 notes
dated April 23, 1943, and pay¬
Council
March 15.
ries, were awarded to the United
States
Trust Co. of -New York
$18.
of the Uniform Bond Act
ance
of the State and in pursuance
of Ordinance No. 5212 passed
$300,000 each of 5th and 6th se¬
are
on
Defense
and
Brothers Harriman &
all of New
Council
Building bonds.
$1,000, one for $1,661.
Due Nov. 1, as follows: $1,661
in 1944, and $1,000 in 1945 to
1948.
Issued in full compli¬
Shown on
city for
year beginning Dec. 1,
1942; and provided further, that
such approval shall not be given
unless the city shall have pro¬
vided
by appropriation in the
all
City
Denom.
the fiscal
debtedness
Drdinancf No, 52Q4 passed
5,661
the assessment roll of the
Brown
/ "I want to commend the mem¬
bers of the Appropriations Com¬
mittee for their hard work in get¬
mendations appear to be
/
/- by
the
March 1,
valua¬
by Senator Farley of Atlantic budget adopted for the fiscal year
County, who expla ined Army oc¬ beginning Dec. 1, 1943, for the
cupancy of the beachfront hotels payment of interest on all in¬
Board of
values
the
pay¬
tion of the real estate in said city
New Jersey (State of)
Legislature
passed emergency legislation en¬
abling -Atlantic City to avert a
sharp'local tax rate increase.
.
of
1943; exclusive
provide for
to
/
impaired the city's financial sta¬
$2,643,400.
.
j
County Boaird's assessment
ment
to
they way be prepared:
/
had ruined the resort business and
The
amounts
principal of indebtedness, exceeds
in the aggregate an amount equal
with the local assessor's
figure of
The only other sub¬
stantial change was in the case of
Hoboken, where the assessment
figure shows a decrease by th£
beginning Dec. 1*
Of
April 30, or as soon thereafter as
$954,888,691.
in
syndicate
of
...
State Tax Commissioner's value
Indepen-
ac¬
amount
,
1, 1943.
County (P. O.
dence), Mo.
bid¬
Sale
on
Jackson
the
crued
-
MISSOURI
least
same
fering to
Robert
land,
$119,261,741; improvements, $216,881,251,
and personal property,
MISSISSIPPI
$98,118,700, an aggregate of $434,
Clarksdale, Miss.
261,692.
The city's figures show
Bond
Legality
Approved — A
assessments
for. land,
$188,237,
$70,000 issue of 1%% and 2% re¬
551; improvements, $243,721,776;
funding bonds is said to have
been approved as to legality by personal property, $43,035,400, an
aggregate of $474,994,727. ////..'J;//
Charles
&
Trauernicht
of
St.
Dated March
bonds
or
additional
Omaha, and
July 1 in 1944
> •*,
Park and Melvindale.
Louis.
the
bidders offer "to
more
the /same
sold to th©» bidder
inch
has released
reports that a total of $466,500 of
legally
able
by the bonds from the date of the
Norfolk^ Neb.
[
Lorain, Ohio
bonds to the date of payment of
Details-r-City.,Clerk
Bond Offering—Sealed bids will
the purchase price.
The .right is
A. O. Hazen now reports that the
be received until noon on April
reserved to reject any or all bids Issuance of these bonds is like¬
$21,000 (not $32,000) bonds sold
28 by Earl Frank, City
Auditor,
and any bid not complying with
at
wise subject to the approval of
par* to .Greenway
& Co. of
for the purchase of the
following
the provisions hereof or offering
Omaha—V.. I5»7,
and on the terms and conditions
p.
1036—were
bonds aggregating $14,161:
; .
to pay a premium in excess of
purchased as follows:
prescribed by the State Comptrol¬
$8,500
park
playground bonds.
$15,000 2(4% intersection paving $1,000 will be rejected. Principal ler. This bill contains the follow¬
Denom. $1,000, one for $1,500.
bonds.
Due on" April * 1 ip and interest,payable at the County ing interesting proviso: "Provided,
Due Nov. 1, as follows: $1,500
1945 to 1953; optional after Treasurer's office. The bonds have however/that the State Comptrol¬
in 1944, and $1,000 in 1945 to
been authorized pursuant to the
5 years.
ler shall not grant such approval
/
/'
1951.
Issued in full compli¬
Local Bond Law of the State, and
if the
amount raised or to
be
6,000 2 j/2% district paving bonds.
ance of The Uniform Bond Act
will be general obligations of the
Due $1,000 on April 1 in 1946,
raised by tax on real estate for
of the State and in pursuance
county, payable from unlimited city purposes for the fiscal year
1948, and 1950 to 1953.
Bond
a
Bonds—
Sells
inheritance
•
bonds at the
.
Fund
is
rate,
interest. then
Interest payable A-O.
}
Toledo, as l%s,- at a price of
100.45, a basis of about 1.70%.
NEW JERSEY
Dated May 1, 1943, and due $1,000
Jersey City, N. J.
on May 1 from 1944 to 1961 inch
Property
Valuations
Cut
By
Second high bid of 100.13 for l%s
County
Board ---The
H u d son
was made by John Nuveen & Co.
County; N. L; Board„of Taxation
of Chicago.
Michigan (State of)
proposal
interest
or
cept
of
Stranahan, Harris & Co., Inc., of
Sinking
than
received;
two
1228-—were
the
from
anticipated
money
amount of: $184J)0Q \he city to issue bonds in an
interest, and to ac¬ amount not exceeding $350,000
cept therefor the least amount of for the purpose of funding cer¬
bonds, the bonds to be accepted tain judgments against the city
being those first maturing, and if arising out of a default on special
of
purchased
E.
to
Detroit Board! of Commerce were
higher
ders offering to pay not less than
Details—The Secre¬
noted here—V.
tary
these revenues, and
additional
the. principal
and accrued
.
Sale
32 months
during which the levy
has been in /orce.
It was noted
that Philadelphia has cut its in¬
rate
a
will be sold to the bidder
Greenway & Co., of Omaha, ar^
said to have contracted to refund
monthly average of $1,663,424 for
income
at
a
/«' .' /■
lowest
Contract —
Refunding
the Board of Education
reports that the $100,000 1 %%
refunding bonds sold recently, as
earned
ill
As between proposals at the same
Columbus, Neb.r
Bond
..
that
"state
acceptable
^
NEBRASKA
pointed out that in
Philadelphia
must
the lowest rate at which
214% general obligation bonds as
taxpayers
follows: $40,000 1%% refunding;
representatives of property
$30,000 1%% refunding, and $4,000
owners
have
expressed, general
V/z % refunding bonds.
Interest
approval of the plan."
payable M-N.
Although stating he could not
as yet estimate the total revenue
Kearney School District (P. O.
such taxation would yield here,
Kearney), Neb..
*Corcoran
Bidders
bonds
for
and
Mr.
1955.
the rate of interest
(naming a single rate) the bonds
arfe to bear, expressed in a mul-i
tiple of' Va or one-tenth of 1% i
No proposals will be considered
year.
a
as
their proposal
would add. $3,000,000 annually
sales
follows:
Due April
$12,000 in 1944 to
1946/$13,000; in /1947, $15,000 in
1948 to 1950, and $18,000 in 1951
ing every purchase by Missouri
ians, even for things outside the
State.
April 30, 1943.
30,
"use tax" reach¬
a
(EWT)J
$1,000.
State's
the
turn
sales tax into
a.m.
not for
were
for
plans carried in' the budget will
be
dangerous.
The Governor also said he ap¬
tered general improvement bonds:
Interest rate is not to exceed 6%, proved the comm ittee's decision to
.give the public a complete picture
payable-. A-O.
Denom.
said: to have" yotec(
House, is
11
21, by the Board of
Chosen 'Freeholders, for the pur-i
chase of. $184„000 coupon or regis¬
the
benefit
who
(State
until
April
on
Sales Tax Substitute .Pending-—
reducing property taxes
non-residents
from
iii
Offering—Sealed bids will
be received
,
Missouri
.
obtaining some financial sup¬
for municipal
government
port
$80,000/ in
$1,000. irt
1951, and $87,000
Interest' payable J-J/
J
in 1952.
.
Jan. 15r4
on
$85,000. in 194^,
$56,000 in 1949, $79,000
1944,
was
by Thomas
Due
Bond
>
1.45%i
about
levy a tax on pay-{
rolls and other incomes; has been
That such
Monmouth; County
(P.' O, Freehold), n. j. ///;///////
$498,000 41/4% road and bridge
bonds at
1932."
.troit./would
County for the
Savings Bank of Chicago, PhelpSjFenn & Co. of New York, the
1323
for
Evans,
County
the purchase
$200,000 county bonds.
Inter¬
4%,
payable A-O. Dated May 1, 1943/,
Denominations as the County Au¬
ditor may specify.
Due Oct. 1,
as
follows:
$33,000 in 1944 to
rate
is
not
to
exceed
and Financial Chronicle (Reg. U. S. Patent
Office) William B. Dana Company, Publishers, 25 Spruce Street, New York. BEekman 3-3341. Herbert D. Selbert, Editor and Publisher:
Dana Seibert, President; William D. Riggs, Business
Manager. Published twice a week (every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London^-Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William
B. Dana Company. Reentered as second-class matter
February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States and Possessions,
$26.00 per year; in Dominion of Canada, $27.50 per year.
South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Austral!*
and Africa, $31.00 per year.
NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign, subscriptions and advertisements must be made in New. York funds.
Commercial
William
offices:
'
1324
Monday, April 12, 1943
'■
and
1948
interest
of
Rate
1949.
in
$34,000
and
1947,
multiples of lk of 1%.
to
be
in
Final ap¬
proving opinion will be furnished
at
the
expense
of the county.
of
Chicago,' Thomas & Co., of
Pittsburgh, William P. Harper &
Son & Co., and Foster & Marshall,
both of Seattle. wV
*
interest
and
County
Principal
delivery.
payable
the
at
Treasurer's office.
.
held
March
on
issuance of
the
approved
voters
the
30
$100,000 airport bonds by a ma¬
jority of over three to one.
ap¬
principal and interest on all
of Oregon District Interest
Oklahoma'
'■
of)
(State
1, 1943, to June 30, 1945, and the
principal of all such bonds due on
This
dates.
later
act appears
to
place the State Treasurer in a
position to purchase any or all
wound
Legislature
State
19th
up,
on
April 1, its shortest session since
in
available
be
Legislature Adjourns—The
Defense
time
the
The
time.
to
market
funds
from
appro¬
directed to be placed
special sinking fund.
Total outstanding debt of this
character
is
a b o u i„; $1,500,000.
priated
in
of¬
bonds
fered for sale
will
105%
on April 1—v. 157,
1133—were awarded to Halsey,
Stuart
&
Co., Inc. of New York,
a price of 100.588, ai
about 1.41%. Dated April
IV2S,
as
basis of
1, 1943.
Due $5,000
1, 1948 to 1952 incl.
from
April
CAROLINA
are
a
Charleston County
>
(P. O. Charles¬
| Bond Issuance Bill Introduced—
A bill has been introduced in the
auth¬
orize the County Board of Com¬
issue
$100,000 in
improvements,
land
purchases,
buildings
or
equipment or to, satisfy county
for
road
Bonds
all other taxes.
appropriated in current act is $2,-
to
060,474.45.
majority of the House delegation.
On motion of Representative J. A.
Tulsa, Okla.
Sale
Secondary
■
Bank & Trust Co., both
National
of
Kansas
April
Life
Metropolitan
Co.
Insurance
of
on
the
of New York
from
2
purchased
City,
4%% semia
price of
126.614, a basis of about 1.49%.
Due as follows: $10,000 in 1948,
$30,000 in 1949 and 1950, $60,000
in 1951, $40,000 in 1952, $70,000
in 1953 and $60,000 in 1954.
block
a
$300,000
city
ann.
Tulsa
bonds
Sch.
at
Dist,
Tulsa),
O.
(P.
Okla.
Sale
Secondary
—
A
syndicate
of the Harris Trust &
Savings Bank of Chicago, Phelps,
Fenn & Co. of New York, the
Commerce Trust Co. and the City
composed
Bank & Trust
National
of
.^Kansas
Life
a
Insurance
Co.
of
York
4%% semiat a price of
bonds
basis
a
follows:
as
of New
$250,000
school
124.23,
Due
purchased on
Metropolitan
the
2
block
ann.
City,
from
April
Co., both
of about 1.43%.
$55,000 in 1949;
$66,000, 1950, and $43,000 in 1951
to
1953.
-•
Bond Offering—S.
10
District
(P.
of
chase
ceed
--
Sale—The
Bond
000
electric
$800,-
bonds
of¬
fered April 6—v. 157, p. 942—were
awarded to
John
syndicate headed by
&
Co., Chicago,
bid figured a net interest
whose
cost
a
Nuveen
of
trict.
about
The
3.06%
to
the
dis¬
banking group paid a
price of 98.125 for the bonds to
bear
interest
$666,000
3s,
rates
as
maturing
follows:
July
1:
$23,000 in 1945, $24,000 in 1946,
$25,000 in 1947 and 1948, $26,000
in
1949, $27,000 in 1950, $28,000
in 1951, $29,000 in 1952, $30,000 in
1953
and
1954, $31,000 in 1955,
1956, $33,000 in 1957,
1958, $35,000 in 1959,
1960, $37,000 in 1961,
1962, $40,000 in 1963,
1964, $42,000 in 1965;
and $134,000 2%s, maturing July
1, as follows: $43,000 in 1966, $45,000 in 1967, and $46,000 in 1968.
The bonds are dated July 1,
$32,000
$34,000
$36,000
$38,000
$41,000
1942.
in
in
in
in
in
Interest J-J.
Legality
ap¬
proved by Chapman & Cutler, of
Chicago.
The
in ad¬
Co.,
includes the following:
E. H.
Rollins &
Sons, of New York,
Stranahan, Harris & Co., Inc., of
Toledo, B. J. Van Ingen & Co.,
of
New
York, Hartley Rogers
& Co., of Portland, McDonaldCoolidge & Co., First of Cleve¬
land
Corp., both of Cleveland,
Drum heller,
Ehrlichman
Co.,
Grande & Co., Harold H. Huston
& Co., all of Seattle, F. Brittain
Kennedy & Co., of Boston, Hemp¬
hill, Fenton & Campbell, of Port¬
land, Murphey, Favre & Co. of
Spokane, Allison-Williams Co., J.
M. Dain & Co., both of Minne¬
apolis, Weil, Roth & Irving Co.,
of Cincinnati, V. P. Oatis & Co.,
•
dition
underwriting
to
John
Due
$1,000.
May 15, as follows: $7,000 in 1947
to
$8,000 in 1952 to 1955,
$9,000 in 1956 and 1957, and $10,1951,
in
000
bonds
1958
1961.
to
of said
All
subject to call and re¬
are
interest paying
date upon payment
of principal
and accrued interest, plus a pre¬
mium of 3%.
Principal and in¬
demption
on
any
terest
Portland
All bids
payable at the
Trust & Savings Bank.
The
unconditional.
be
must
group,
Nuveen
&
referred
was1
County School District
No. 4,
Bond
Call
Chairman
J|
S. C.
F.
A.
—
Heinsohn,
c
of
Board
of
School
that $25,000
bonds, dated May 1, 1942,
and
maturing $3,000 on May 1
from 1943 to 1949 incl., and $4,000
May 1, 1950, have been called for
redemption on May I, 1943, at
principal office of the Chemical
Bank & Trust Co., 165 Broadway,
New York City.
Bonds will be
redeemed at par and accrued in¬
terest, plus a premium of 2%, and
should be presented for payment
with May 1, 1943, and subsequent
Trustees,
announces
2*4%
\
».*
..
DAKOTA
SOUTH
the authorization of said bonds by
tor,
the Circuit
2%
Oregon
in
Multnomah County,
special proceed¬
now pending.
Enclose
for
which
ings
court
are
certified
check for
Erie, Pa.
Redeeming Paving Bonds—The
16
the "purchase of $20,000
semi-ann.
airport
bonds,
Denom.
1958.
of
defunct bonds
which
there
property
many liens
on
were
for non-payment of sewers at 80%
of the
value of the old bonds
plus 2%
interest
on
order
an
in
Erie
County Court.
The 'Nagle
Holdings' are the last holders of
the
yet
city.
paving bonds who have not
accepted payment from the
The court decision has not
with
met
their
approval.
About
$100,000 in bonds are involved in
Johnstown, Pa.
'
Bond Sale—The $185,000 coupon
semi-ann.
refunding bonds of¬
fered for sale on April 6—V.
157,
1038—were awarded to
dicate
composed
Noyes
K.
&, Co.
The
from
bonds
of
of
a
syn¬
Hemphill,
New
Cunningham &
callable
are
York,
S.
Co., Phillips,
Schmertz & Co. and Moore, Leon¬
for
before
maturity, after
three years from their date. Prin¬
cipal and interest payable at the
City Traesurer's office. The bonds
will be sold at par and accrued
interest.
.
•
,v
-
■
]
Counties,
Notified
Bondholders
of
holders
interest
Tenn.
unpaid
r
to
File—
bonds
or
issued by the
above district are being advised
that in the cause of Henry County
for the use of Big Sandy River
Drainage District No. 1
vs.
W. H.
Watson, there has been ordered a
reference to R. H. Hudson, Clerk
and Master of Chancery Court of
Henry County, Tenn., to report
the
present
holders of unpaid
bonds and coupons of the district.
The Clerk and Master of the court
is directed
the
in
to consider
ence
the
claimant
cause
order
no
of refer¬
claims unless
basis
of
about
April 1, 1943.
1944 to
1.465%.
Due
on
Dated
April 1 in
1953 incl.
RHODE
ISLAND
Offered
to
Public—Hal-
Stuart
& Co., Inc., of New
offering for general in¬
vestment $100,000 2V2% funding
sey,
York
are
bonds.
Denom.
$1,000.
Dated
March 16, 1943.
Due $10,000 from
March 16, 1953 to 1962 incl.
In¬
terest payable M-S.
ceases
on
June
1, 1943.
-
main
of
$120,272,-
hands
In
order to share in the distri¬
bution
of
the
funds, it is neces¬
claiming to
hold unpaid bonds or coupons is¬
sued
by the district file their
claims together, and bonds and
coupons
not later than May 1,
sary
that
any
person
1943.
bonds
revenue
Authorizes
Issues—Ati its
recent
session
the
State
Legislature authorized the
city
to
issue
$5,000,000 Street
Transportation System
acquire¬
bonds and
$4,000,000 in ad¬
ditional
bonds,
to
acquire
an
existing generator or to construct
a power plant.
Bond
Call
incl.
1953
?v'i
interest. \
Callable
and accrued
u
-
The
city, acting
through its Board of Light, Gas
and Water Commissioners, is call¬
ing for payment as of June 1 all
of the following series A general
liability serial bonds:
—
v
Houston, Texas
Bond Sale—The $300,000 street
opening and widening bonds of¬
fered April 7—v. 157, p. 1133—
awarded
were
tional
at
Bank
to
the
First
Na¬
of
Chicago, as IV2S,
price of 101.276, a basis of
a
about
and
1.37%.
due
Dated May 1, 1943,
$15,000
on
1944 to 1963 incl.
May
1
from
Other
bids, also
iy2s, included the following:
for
Bidder—
Lazard
Rate Bid
Freres
&
Co...
Milwaukee
Ripley
100.929
Co.
100.678
&
Inc.,
Co.,
Bank
Trust
and
Co.,
St.
Louis,
&
Mc-
Clung & Knickerbocker
Jackson
-
100.673
._
County Road Dist. No. 17
(P. O. Edna), Texas
Bond
Sale—County
L. Cobb
bonds
Judge
M.
reports that $19,000 road
awarded
were
on
April
1
to R. N. Eddleman & Co. of Hous¬
ton,
as follows;
$9,000 as l%s,
due $3,000 from April 10, 1944, to
1946,
the
lVzs,
due.
remaining $10,000 as
April 10; $3,000 in
1947 and 1948, and $4,000 in 1949.
Interest payable A-O.
Valley Authority
Beaumont), Texas
O.
Sold—A xotal of $3,400,-
Bonds
000;
on
Neches
(P.
water
divided
to
acquisition
system
purchased recently by
was
Stifel, Nicolaus & Co. of Chicago,
at a net interest cost of 3.38%,
follows:
as
$215,000 2%
revenue
Jan.
bonds.
Due
1:;
$70,000 in 1944
1945, and $75,000, 1946."
150,000 21/4% revenue bonds. Due
$75,000 on Jan. 1 in 1947 and
on
and
Shelbyville, Tenn.
'
;
Bond Call—It is stated
by J. E.
Huffman, Chairman of the Power
Board, that the following electric
system
called for
the
bonds
revenue
are
being
payment on June 1, at
Chemical
&
Bank
Trust Co.,
the Peoples
National Bank of Shelbyville, at
a price of par plus a 4%
premium,
plus, accrued
interest
to
date
New
York
City,
or
called:
A, Nos. 325 to 350, 2%%
totaling $26,000.
Due on
June 1, 1959.
Series A, Nos. 311 to 324, 3%
bonds
bonds
totaling
1, 1958.
June
$14,000.
Sullivan County
ville),
Due
"I 1948. vK,
160,000 2 V2% revenue bonds. Due
$80,000 on Jan. 1 in 1949 and
%.v 1950.
■■■•w
260,000 2%%
bonds. Due
$85,000 in 1951 and
1952, $90,000 in 1953.
295,000 3% revenue bonds. Due
on
Jan.
1:
$95,000 in 1954,
revenue
Jan. 1:
on
v
and $100,000, 1955 and 1956.
1,320,000 314% revenue bonds.
Due Jan. 1, as follows: $105,000 in 1957 and 1958, $110,000
in
1959, $115,000 in 1960 and
1961, $120,000 in
1962 and
on
1963, $125,000 in 1964, $130,-
(P. O. BlountTenn.
in
000
and
Bond
1965, $135,000 in
$140,000 in 1967.
3%%
1,000,000
Sale—The $71,000
road
high school bonds offered
April 7 and fully described in
v. 157, p.
1133, were awarded to
$1,000.
Davidson & Co. and the FidelityBankers Trust Co., both of Knox-
demption at
Due
and
Jan.
on
1966
bonds.
revenue
1, 1968.
Interest
of
payable J-J.
Denom.
Jan. 1, 1943. All
bonds are subject to re¬
Dated
said
time, in whole
inverse order
of maturity, on 30 days' published
notice, at par and accrued inter¬
March 1 in 1952 and 1953. Second est to date of redemption, plus a
high bid of 100.50 for IV2S was premium of 1 Y>%. Principal and
made by Minnich; Wright & Co., interest payable at the Chemical
Bank
&
Trust
Co., New York,
Inc., of Bristol.
vilie, jointly, as IV2S, at a price
of 100.58, a basis of about 1.43%.
Dated March 1, 1943, and due on
or
in
part
any
in
the
and/or at the First National Bank,
Beaumont.
TEXAS
These bonds, to be is¬
sued by the Authority "for the
Baird, Texas
purpose of acquiring all the prop¬
;
Bonds Sold—It is reported that
erties
of an
existing privately
$28,000 4%
semi-ann.
sanitary
owned water distribution system,
sewer
system purchase revenue
and for other corporate purposes,
bonds
were
purchased recently
will be, in the opinion of counsel,
by R. A. Underwood & Co. of
valid and legally binding special
Dallas. Dated March 15, 1943.
obligations of said Authority pay¬
Hidalgo County (P. O. Edinburg), able, as to both principal and in¬
y
T exas
Bond
to
$33,044 have not been located,
bonds
1944
the
in
customer, had been
the refunding and
will probably be exchanged very
shortly. Owners of the remaining
April 6—v. 157, p. 943—
were purchased by the city sink¬
ing fund.
Due $4,000 on Feb. 15
offered
Memphis, Tenn.
Legislature
reportedly
of the
committed
Lower
"extension
also
agent
-
Nashville, Tenn.
Bond Sale—The $40,000 water-
coupons
held.
ment
Johnston, R. I.
Bonds
Interest
manner.
produce and file in
the bonds and
fiscal
County road and bridge warrants,
series 1932-A.' Of $664,624 to be
refunded, $511,308 has been ex¬
changed.
An additional amount
Harriman
1939.
Co., New York, or at the
National
Bank
of
Commerce,
Memphis, or at the City Comp¬
troller's office, on presentation of
said
bonds
accompanied by all
appurtenant coupons maturing af¬
ter June 1, 1943. J All registered
bonds called, should be accom¬
panied by duly executed instru¬
ments of assignment in blank. In¬
terest coupons maturing June 1,
1943, appurtenant to the bonds
called, will be paid in the usual
coupons
ard &
Lynch, all of Pittsburgh, as
V/2s, paying a price of 100.177, a
June 6,
'Series
\
Big Sandy River Drainage District,
Henry, Benton and Carroll
••
the
this transaction."
p.
Dated Feb. f, 1942.
Feb. 1, 1954, to
$500.
Due, $4,000
All
$400,000 city bond issue re¬
cently purchased by a Pittsburgh
bank made possible redemption
on
April
on
TENNESSEE
"A
of the
a.m.
for
reported
"One of the largest payoffs of
litigated paving bonds was made
by the city today when Finance
Director Joseph C.
Martin paid
out $40,144.
passed
after two years at par
by Anna M. Goetz, City Audi¬
t
Erie "Times" of April 2
as fellows':
un¬
Payable at the Chemical Bank
Bond Offering—Sealed bids will
payment
$2,000.
and
& Trust
Yankton, S. Dak.
be received until 10
of
together
county's
from
attached.
coupons
McCulloch, Shuler & Kelley, of
Portland, will be furnished. The
sale is conditioned upon the prior
validation of the proceedings for
State
thereof,
The
advises that they have completed
the
first exchange on
Hidalgo
Mercantile-Commerce
proving opinion of Teal, Winfree,
Court of the
amount
nance
the
to
delegation: Authority
expire Jan. li
Charleston
ap¬
PENNSYLVANIA
issue of
revenue
pur¬
Interest M-
May 15, 1943.
Denomination
N.
the
$125,000
not
to
ex¬
interest drainage bonds.
6%
Dated
Peoples'
Utility
O. Newport),
County, Ore.
Lincoln
^
B. Hall, Sec¬
for
8
May
on
a.m.
it
for the issue would
103% of the prin¬
paid thereon to June 1, 1943. The
bonds called are part of an issue
of $5,250,000 approved in an ordi¬
approval of the Senate and a
Lofton
1939.
with all interest accrued
provides that any
would be subject
disbursements
Charleston
of Supervis¬
will receive sealed bids until
ors,
a
Lincoln
Drainage District
retary of the Board
OREGON
Central
Amount
(P. O. Portland), Multnomah
County, Ore.
of the Harris Trust &
composed
Savings Bank of Chicago, Phelps,
Fenn & Co. of New York, the
Commerce Trust Co. and the City
Island
Sauvie
syndicate
A
—
non-callable.
are
amount
1948. Said bonds will be redeemed
cipal
measure
6,
at the price of
debts.
The
price of
principal
Plant,
Nos.
A-3466
to
A-3835, aggregating $420,000, ma¬
turing June 1, 1951; Nos. A-3066
to A-3465, aggregating
$400,000,
maturing June 1; 1950; Nos. A2686 to A-3065, aggregating $380,000, maturing June 1, 1949, and
Nos. A-2326 to A-2685, aggregat¬
ing $360,000, maturing June
1,
State Legislature that would
bonds
the
Gas
ton), S. C.
missioners, to
of
June
on
SOUTH
redeemed at the
be
thereof, together with all interest
accrued and
unpaid thereon to
June 1, 1943.
The bonds called
are part of an issue of $11,750,000
approved in an ordinance passed
at
1927, after having passed a bill
levying a 2% gross receipts tax
on electric cooperatives in lieu of
'}
Electric Plant, Nos. A-10371 to
A-10830, aggregating $460,000, ma¬
turing June-1, 1967. Said bonds
semi-
bonds due during the period July
District Interest bonds which may
/.
Civilian
ann.
State
Holdenville, Okla.
Bonds
Voted—At the primary
election
recent Legislature
proved a law which appropriates
approximately enough money to
pay
1
OKLAHOMA,
Legisla¬
Bond
Interest
District
tion—The
Sale—The
p.
(State of)
Oregon
Each bid must be on the basis of
Akron
Newport, R.
$25,000
Bond
Report
stated
ries
terest,
Bond Deposits—It is
on
that the total
road
1932
and
$783,300, se¬
bridge re¬
of the
county,
$636,100 have been deposited for
exchange.
The owners of the re¬
maining $147,200 are unknown.
funding
bonds
Holders
contact
of
the
these
bonds
should
county's fiscal agent,
Barcus, Kindred & Co., Norwood
Building, Austin, Texas, so that
they may have the opportunity of
studying the refunding plan un¬
der which these bonds are being
exchanged.
solely
from
and
secured
solely by pledge of the revenues
of
the
Authority
to
from all the properties
thority,
whether
hereafter
acquired
now
or
be derived
of the Au¬
owned or
constructed,
after deduction of reasonable and
expenses of operating and
maintaining such properties. The
proper
Authority, in the opinion of coun¬
sel, has power and is obligated to
prescribe fees and charges to be
collected from the use of water,
water connection or other services
to
produce revenues fully
cient and
suffi¬
adequate to pay, as the
Volume
157
THE COMMERCIAL
Number 4167
:
& FINANCIAL CHRONICLE
1325
due, the principal and interest of
syndicate composed of numerous
extend into Liberty and Chambers
Counties on the west and south¬
$16,000 2 \k % semi-ann. refunding
bonds were purchased recently by
chartered
said bonds,
houses.
west...
R. A. Underwood & Co. of Dallas.
$110,000,000
shall
same
the
respectively
general
become
in addition to paying
expenses, of oper¬
ating and maintaining the
erties
of
the
Authority,
Authority
ized
pursuant
First
63
the
of
in
and
to
Called
of
Acts
Session
43rd
Amendment,
being
ing
the
and
storm
thereof. ;
con¬
flood
by
-amended
the
the
Act
of
Legislature,
1941, Chapter
\The Authority was created
the
47th
570.
an
as
of
a
2i/4s, due 1947-48; $160,000
V
£
the
Texas
Sheffield),
these
properties
River
and
Island
Pine
and distribute it through
system of canals covering an
area of approximately 400 square
Bayou
a
miles.
'
•
The
area
;
-.
.
served
located
is
al¬
Bonds
bonds
Offered
to
being
are
Public
—
The
•
Texas, which embraces Beaumont
and Port
for
reoffered
Tom
entirely in Jefferson County,
■
on
♦Announcement
in
this
fin
issue,
Below will be found
preferred
including
and
stocks
common
for
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
first
which the details
which
given in the "Chronicle.''
were
Company and Issue— .' A1 ''v;
American
Utilities
Service
/i-'r
A. dated
1934.
Caibarien-Remedios Water Works Co.,
1st 6s, due
Chesapeake & Ohio Ry.—.■ " *"*;
Ref. & improv. mtgf. 3*A3? bonds, series D, due
Chesebrough Bid. Co., 25-yr. 6% 1st mtge. elf's,, due
City Apartment Corp., Bait., 1st & ref.;"'mtge.
"
.
-"' *
1996..May
1:V
1948_May,
61"'
7• '
consolidated
15-
Morris
Potrero
Public
Co.,
&
Ltd.,
3debs., due
20-yr.
jr.* ~
i
Electric &
;
(
Sugar Co.,, 7%
Service
Co.
of
—
Hampshire—
Company^
mtge. 3^4% bonds, series C, due I960——May
3
3
bonds, series D,.due 1960.^.——t— -May
% bonds, series E, due 1961_u-t^——May
mtge. 3l/4r/'e bonds, series F, due 1966.—u—:
—May
(quar.»:
(quar.I:
preferred
__1—
__Lr
ref. mtge.
&
Steel
Water
Jose
"B'.'
due
•
1S54.J
WorkSs 1st
—^^
3%
mtge.
-_,_Apr 15
July ,1
1st mtge. conv.
Corp.
Gen.
mtge.
4',-i
bonds,
Co." (quar.)
Motorists Insurance
Viscose
Atlas
City Electric,
Powder Co.,
Autoline
Oil
Aviation
5-
1
Corp.,
i
Bank
of
Berens
75c
5-15
4-22
$1
*
1093
,.
series B. due 1949
gold bonds, series A. due 1948
41/2r?r ist mtge. bonds, series C, due 1949—
Valvoline Oil Co., 15-yr: 7 Yr debentures, due 1947
1st
mtge.
Portland Cement Co.—
Vulcanite
1st
mortgage
•
■
>
Vkc!o
i't
bonds,
»l:
••
t
May 1
—July 2
—July,-2
May .1
.
due
•
1943—
'.i.
May~l,
-:
$7
4-15
D
5-
3-29
1
4-20
"4-15
(Interim.)
Red.
5Va'M
Co.'s,
&
5%
pfd.
Ltd.
•
Oil •&
Co.,
..903
Consolidated
Crown
:
Drug
7',«>
...........
5
1
5,•
1
(quar;)—...
1
4-15
5-15
4-10
5-
1
(quar,).^^
1
1
3-25
4-15
3-31
4-15
3-31
Trust
Co.
Brothers
(A.)
Hart
(L.)
&
(Canada)
Co.
Co.,
7%
& Sons,
(quar.)—....
(irregular)
35c
preferred
a
VAv; 3c^
'
Co.
Co.,
$6
E.)
Co.,
3-24
15c
3-25
4-10
$iy2
(quar.)
class A
$2
(Mich.)
4-
1
3-18
6-
1
5-15
4-15
Mills,
Service
4-22
7'2c
4-15
3-31
4-15
4-12
20c
4-30
4-13.
5-
5-
1
4-21
10c
5-
1
4-15
$1'A
:
6-
1
5-25
25c
McNeill
Mines.
Ltd.
15c
3-25
4-15
;
1
3-22
5-25
5-15
5-
1
4-10
$10c
6-
1
4-30
6-
1
4-30
7-
1
-.;!:5c
62 >/2c
(quar.
«quar.)____
Libby
&
4-
3-22
3-31
4-26
$1.50
__
—
:•
3-31
30c
25c
...
(Irregular)
Co., $2.50 preferred
Gold
1
25c
(extra)
^
&
4-21 *
40c
$1V2
—_
common..........
Extra
Leath
1
$2 Va
Knudsen Creamery, 60c preferred (quar,)...
Kokomo Water Works Co., 6% pfd. (quar.)..
Leitch
5
5-10
5-
(quar.)..
Inc.
4-
6-15'
Sl'/a
...——...
Co.,
3-31
—
(quar.)
Co.
5
3-19
'
J 15c
Corp. (Irregular)
Kansas-Nebraska Natural Gas
;
3-20
4-
30c
preferred
Kahler
&
1
3-30
4-10
—
^
Knitting
(W.)
4-
10c
Co
Ltd
preferred
Kidde
3-15
50c
(liquidating).
Corp., common...
preferred (quar.)
Johnson
4-25
$1 Va
—
(Charles
5'M
1
3-31
3'Ac
(quar,)..
4-26 :
5-
50c
Sugar
Oil
4-30
$1.75
(quar.)
Inc
Dairy Co., Inc.,
1
1
25c
6-15
+2c
'
5-15
4-15
45c
5-
3
4-19
SI'A:
4-
2
...
6-
4-
4-15
4-20
4-
Electric
4-
5
4-15
4-
5
6-
I
5-21
15c
3-31
4-25
4-15
25C
—
4-15
5c
(quar.)
5-20
5-
5
(N. Y.)—•60c
43 %c
5-
1
5-15
-
Marble
<
1
6-10,
4-
1
3-31
)$ $iy2.
•
30c
6rM
Co.,
preferred
preferred
7%.
1st
pfd.
:
5-15
5-
1
4-17
5-
1
25c
5-
1
—
(initial)
J4c
..
9
4-17 \
4-17
5-10
$1.50
4-20
,
4-15
4-
6
25c
4-
8
4-
5
50c
(quar.)
(quar.)
(quar.)
5-
1
4-16
5-
1
$1.25
—.......
common
2
SI'A
common
(quar.)
4-
6-
50c
Co.*.——
Cement
4-15
75c
(quar.)___
(quarj..Gold Mines
Mercantile- Stores,-
>•
-$2 .part-
Michigan
$1
4-16
$1
6-15
6-
5-15
4-30'
preferred--(s-a)—
Bakeries,
preferred
Mid-Continent
5-
Mission
v
SI
4-15
15c
4-15
(quar.).,
25c
5-
1
,
$1.75
5-
1
6-
1
Inc., common.—
non-cumulative prior preferred
(quar.).
Petroleum
Dry Corp..
—.—.
I' 1'5 i
,
$134
(irregular)....
—
1
Merchants & Manufacturers Securities Co.—
4,23
5
7-
i__
Lake
Shoe-Corp.,
,7%
-
Red
Portland
5rM
4-13
4-15
25C
:
Oil
$3
Medusa
6
5-1
3-24
Stores....
—
preferred (accum.)
Melville
$1.50
8
1
$13A
preferred—...—__
(Md.)—
(accum.).—
1st preferred
$6
McNeel
4-15
60c
..l-A
Co.,
McGraw
4-10
15c
(quar.).— -
Maytag
6
$8%
4-
4-
Department.
McMarmac
.
Shovel,
Cement. Mfg.
preferred
May
5-20
4-15
2
4-15
...
preferred;;, (quar.)
Power & Light Associates—
$2
,
$1.62V2
Co.—
4-
50c
25c
(quar.)
Massachusetts
3-22
1
preferred
(quar.)..
Steam
Marquette
"
35c
pfd.
Marion
Co,
<
\
r
Bleachery
Macwythe
4-16
4-
Telephone, 6%
Lowell
5
3-31
5-
$1
(quar.)..
Lorain
4-15
4-10
$13A
...
.
4-
; 4-15
5-
6'Ac
(quar.)
...
4-15
50c
6%
4-30
4-20
■:w2
—
(quar.).."
preferred
4-30
$1.75
4-15
5-
'
6'/r
4-10
$$1'A
Jantzen
4-30
J25c
pfd.
4-24
4-24
4-16
6-
4-15
4-15f,
3-27
...______
Interchemical
4-10
1
$1.25
i—
Co.,
nvu
t4c
;
(quar.).
Quarterly
v.
904
4-
4-15
1
1
1
(quar.)
(Josephi Co., 6r!c preferred (quar.
House of Westmore, 6% preferred (accum.).
Howe Scale, 5% preferred (s-a)
Incorporated Investors ___1
4-12
1
5-15
$1
Container Corp. of-America
Corn Exchange Bank & Trust Co,
.
4-15
5-
1
5-'
5-
25c
...
com.
Horne
4-27
•;
5-
5
10c
Accumulated
4-30
6-15
3-30
30C
preferred
Home
4-15
475c
5
20c
(quar.)
(quar.)........——
Hires
4-15
1
4-
$ 1 'A
Corp....—.
Ltd., class A
Libby
common1-(quar.)
Royalty
25c
4-
7
$1%
Consolidated Royalties^ Inc.,
903
>.*..903%.
.1278
1
3-31
-
6 Vc~ preferred -
;
5-
3-31"
4-
1
J$l'/2
9
5-20
4-15
4-15
5-
4-24
5-14
5-
(quar.).
(quar.)—...
(quar.)
Consolidated. Paper Go.
4-
5-
234%
Gas'(liquidating)
Electric
6c
62c
(irregular)
Lamaique Gold Mines, Ltd
•'
Ry. Co.
7 %
4-20
1
3-25
8
5-
>
12c
(quar.)
Corp.,
1
4-15
6-10
f4c
Commonwealth-Edison Co.
Concord
4-
$ 1V4
(quar.)—
Products
4-16
5-15
25c
&
common
Hawaiian
4-20
6-
(quar.)—,
pfd.
1
Hawaiian Canneries Co., Ltd. (irregular)____
Hawaiian Consolidated Ry., pfd.
Dep.
(s-a
jpfd.
Light,*6%
;
3-25
16c
(quar.).
Am.
4-. 5
5-
shares.
Corp.
(s-a)
Mfg. Co., class A
Harvill Corp.
(initial).
4-19
25c
7'/<)*2nd preferred faccum.)....
City Title Insurance Co. (N. Y.) (quar;)
i
1
t3c
—
.I.,————
Ltd.
Specialty Co.
Columbia
1
4-30
4-15
1
Home
4-
4-15
$2.50
5-
1
5-
50c
_ „
(irr.egular)—
irOhio
Mfg.
:
$1.75
Ltd.,"6%
Clinchfield
4-
1
4-22
—
(quar,)'.......;.^^.!(interim)
Ang.)
2
20c
Cincinnati'Postal Terminal & Realty Co.—j
6Vz'M
preferred (quar.)....
City of Paris Dry Goods—
.
4-
$ 1V4
:
(quar.)
common
Ordinary
shares"
Special' .shares '—V—
Power
4-
5-14
20c
5-
4-15
20c
1
182
4-12
10c
Canadian Bakeries, 5%'partje. pfd.
Canadian Investment Fund, Ltd.—
Carolina
1
1
Sl'/4
——.
(accum.)..
(Interimt..,
preferred
Power,
Oil
55-
5-1
6-
f25c
Co.__-_
Malting, com.
(quar.)——.
(111.)
Henkel-Clauss
(quar.)
(Holding),
Fund
Yards
Harris
4-12
$ J V-2
5-1'-
5-15
$1.25"
Steel
Grain
B
Harris
1
Z1V4C
(quar.).
.'Light & .Power
(Los
5-
5-1
$lVa
_—
Assn.
Ltd.
Co.,
Wireless
Canadian
5-15
+4c
_
(quar.)....
Inc.
Traction
for
4-19
5-15
Guardian
4-19
1
15c
Brockton Gas ".Light Co.
&
1
5-
$1V2
Electric
Bullock's, Inc.
Cable
5-
75c
i*.'-.'
(quar,)..;
Griggs, Cooper & Co., pfd. (quar.) (reg.)___
Guardian Realty Co. of Canada. I'M pfd._.__
3-27
50c
25c
(aCcum.)
pfd. (quar.)
preferred (quar.)
Nat'l
Mines,
Fund,
3-31
Trust
Telegraph
6^: 1st
3-30
4-
1
(monthly)
Zi.
t40c
Halle
1
(quar.).—
preferred
Brazilian
998
.
series
preferred
Class
4-16
Co."' (quar.)....———_—_1_
'Oil'
River
Boston
y
mtge. gold bonds,
1st
br'c
Shares,
Gordon & Belyea
4-16
4-26
$iy4
conv,.
8%
4-26
$l3'i
(irregular)——-—
California
Birtman
1276-
Apr 30
3-25-
17 Vat
(quar.)
Stock
General Shoe
4-20
—
preferred
$6
5r/<
Co.,
Corp.
BdrnSdall
1275
1937—
May 1
due 1943-54—Apr 16
debentures—
United Grain Growers Ltd.—
•-
15c
$1
Badger Paint & Hardware Stores, Inc.—
Regular I (quar.)
1 .^..l
w._,_
-
1
'
—
10c
Fields
Pressed
Gellman
4-15
60c
common
City Sewerage Co.
7%; preferred
Southwestern Public Service Co., ser. notes,
•»
4-30
(Irregular).
Corp.,
$1.20
(Chicago)—
Acceptance Corp.; 5%. pfd.
Central
-'f
(quar.)
Corp
Oil
Mutual
Frocdtert
6-15
50c
Associated Telephone Co., Ltd.—
$1.25 preferred (quar.)—-—
Atlantic
6-30
--
^
Steamship Co.
Atlas
9-15
9-15
(quar.)———,-
preferred (quar.)_
Anglo-Canadian Oil Co., Ltd.
Appla'chiart Electric Power—
WM preferred (quar.)
-
••
preferred
Trustee
Worth
Franklin
12-15
5(M
4;
*
1
Players Canadian
Fostoria
■.
3-15
9-30
——
preferred
American
11276>
—May
bonds, due 1961—Jun
dated
First
Fort
12-15
3-31
a
12-31
Can
non-cum.
9-30
-12-31
$ 1 34
Barge Line Co._^^^—1———A—_
American
?
income
6-15
$1%
'
:
(quar,)-;—^
Quarterly
v.
Shreveport Rys.—
Studebaker
6-30
^
(quar.»'i___^,_—
Petroleum
American
1088
•
.
4-17
4-
quar.)
Fitchburg Gas & Electric Light Co.
3-20
3-15
$1%
preferred tquar.i_—
preferred
Chicago Yellow Cab Co., Inc.
1990
money
1
50c
(quar.i
preferred
I'M
.
preferred stock
Corp.r purchase
,5bends,
San
bonds, due
of America,
Corp.
1
Corp., Ltd....
*25c
Firemen's Insurance Co.
(Newark, N. J.) (s-a) ■;20c
of Rem.
4-
3-31
50c
Chemical
ylst
Payable
50c
^
3
Radio
5-
Products, Ltd. (quar.)..
Esquire, Inc. (irregular)——.
;
Exeter & Hampton Electric Co.
(quar.)—..
NolSera
50c
•—'
(quar.t
1st
Reptiblic
Shoe
Famous
When
2'/2c
—
Cerra de Pasco Copper.v.L...
Coordinated Transport—
7%
5%'. preferred
,:"
are:
50c-
3
Service
4-17
50c
—
•
.
thart
.
(quar.l
common
1st mtge-. 3 Va
Public
•
-
Equipment -tquar.)
iquar.i*
Central
mtge. 33A%
Co.,
Dominguez
'Per
.
American
'
1st
Vilbiss
Diversified
second table in
,
American Car "& Foundry, common-———
.
1st
,
"
American
—May 1
1274
—-—May 15^i-V 1186-
-—
preferred stock.
New
^
;
/u
Maliufactures,
Common
Amerada
Inc.—
1962—
4-12
1
4-15
r
Philip
1
5-
Eastern Steel
Calgary
—Jun
bonds
mortgage
V 5-
25c
—
(reduced
3-22
$1.25
10c
(quar.)
& Co.
6-21
3-31
50c
1
4-15
lr/r
1274
•' *-
E.)
4
4-15
7-
1
I'M
,
Philadelphia Transportation'Co.—
(W.
A
3-
4-20
$3
—
1
fie
.
1
25c
(quar.)
(s-a)
5-
Common
,
.
preferred
of Rec,
7
4-
5-
Common
.
.
com.
9 l/10c
t75c
7Vr
.
;
prior preference
Faxon Stores, Inc
H older t
Payable
Ord.
t37'/2c
;
t,
series, due 1970—May
class A
When
share
■
for
u'.;;
Diamond
the company name in our "General Corporation
Investment News Department" in the week when
Nams of
—July 1
899
May 10
1083
..May 1
', «
Leeds & Lippincott Co., 3V27c bonds, dated Jan. 1, 1937..May
6
1271
Lehigh Valley Coal Co.—
' 1
1st and ref. mtge. 5%
bonds, due 1944.:
;
,__Aug ,1
J2040
Litchfield & Madison Ry.. 1st mtge. 5s, due 1959.^
May is. >
994
Macy (R. H.) & Co., Inc., 2r/2% debentures, due 1952—May
l...•
1272
McCrory Stores Corp., 15-yr. 33A7r. debs.-, due 1955
May 1
1272Minnesota Transfer Ry., 1st mtge. 3% bds.^ dated 1936 Jun
.1
1183
Monroe Coal Mining Co4 1st mtge. 6'/o 25-yr. bonds—Apr 30
*•
Mortbon Corp. of New York—
"
,
? - • J
Collateral tr, mtge. bonds, series C, due 1951———Jun 1
»
1272
New York Dock Co., conv. 5%" notes, due 1947———Apr 15 .ly 1273North American Co.,-3%% debentures, due 1954——-Apr 15
;
1086
Paramount Pictures, Inc.,, 1st preferred stock—
May 10 r
996
Peabody Hotel Co.—
:V::v
"'v;''-;
'2nd mtge. & collat. tr. 5r/r
bonds, due 1944—
..May 1
Pennsylvania Water & Power Co.—
'
.
Rec.
4-15
Aluminum
mtge..
3^-6'>
.;C
Dep.
1958.
4-16
Atlantic
mtge. & collaL tr. bonds. 3l/4fk
Amer.
to
1
Allen
1176 '
Co.—
...
1944
4-30
f
.
Ref.
De
.
series A 4V«% bonds, due 1959
Kentucky Hotel, Inc., gen. mtge. 6% bonds—.
Lealdo Corp. coupon notes, due 1944
1
Due in
5-
< •
1st & ref. mtge. 5ft bonds, series A, due June 1, 1950-Jun
1
Independent Refining Co.—
Gen. mtge. bonds, series A. due 1954—_________
May 1 -Aj.1180
'Gen. mtge. bonds, series B. due 1954_.———May 1
1180
Indiana Limestone Corp. prior lien 6ft bonds, due 1947-May ; 1 .•
1271
Jamestown Telephone Co.—
1st mtge. 5ft bonds, series A, due 1954—.
—Jun 1
1271
1st
Ltd.
school
t20c
The dividends announced this week
Electric Co.—
Water
$2
announced, but
Further details and rec¬
past dividend payments in many cases are given
f
Kankakee
Harris,
Toronto.
_
shoW the dividends previously
declared.-
-^
'
..\ A\"
A, due 1957_.May 1
' ;
864
Ellicott Square Co., 1st mtge.*5ft bonds„:.L_:A_-'-_~.__May V1A A 1080
Fairmount Park Transit Co.-Fairmount Park Transportation Co; :
1st 5s, due -1957.:__-'__—:-.4-May 3....V. VVf"
Federal. Water & Gas Corp.—
1
•
4
.{PA f/c gold debentures, due *1954——
May/l^? 864
Fiilce & Perrelli Canning Co.. Inc. 1st 5s. due 1950.—May 18
1269
Garnett Bldg. Corp., 1st mtge.- 3s, due 1947__-^,_-___i_Apr 15
''M
I
General Finance Corp., 5% conv. debs., ser. B, due 1951
A •'
General Steel Wares. Ltd., 4%' serial bonds, due 1945—Jun
1 :
993
■
.1st mtge. 4% bonds, series A, due 1945——
.....Apr 15,
1081
Great Northern Power Co., 1st mtge. 5s, due 1950-———Apr 23
.
1180
Higgins Industries, Inc., 6ftpreferred stock—->.1—', A;.'":•,/ A;*
Houston
semi-ann.
purchased recently by
McKeen, Goss & Co., of
Dominion Fabrics, Ltd,, common
(quar.)
6% 1st cum. redeemable preferred (quar.)
2nd cum. preferred (quar.)....
Dow Chemical Co., common
(quar.)
we
1266
—Apr 20'A
Economic Investment Trust, Ltd.— "4 :
1st collat. trust 30-yr. 5 ft "bonds, ser.
,
follow¬
5%
and
>
bonds
1945
Sch. Dist.
under
It;' 1265
1.- 71266
\ ' 7•
the
July
were
Danahy
Davenport Water Co.. 5r'B preferred (quar.).
Dayton Rubber Mfg., common..
a
and
on
13.763c
1945_Jun
...
due
bonds
Final
156.
follow with
in
(irreg.)
ord of
*
..May 31 -r. 1236
Baltimore County Water & Electric Co., 1st 5s, due 1946 May
Buffalo Creek RR. 1st mtge. 3%s, ser. A, due 1965
-'.May
we
Catholic
Per
which have not yet been paid.
Pago;,.
V
series
$14,300
Name of Company
Courtauld's,
are
week. <; Then
debentures,
Pagfl
1095
1
grouped in two separate tables. In the
bring together all the dividends announced the
we
current
*
f
Date
:
Co.— \
Collateral trust 6% .bonds,
Calgary
Delhi Roman
of)
Sold—The
Dean
Dividends
and
ONTARIO
April 1,
interest-
on
any
ing certificates, aggregating $166,-
DIVIDENDS
redemption,,
of
cities
1,
1943, represents the balance out¬
standing of this particular, issue.
SECTION
6 r,'c
called
Bank
redemption called for
Cunningham Drug Stores, Inc.,
list of corporate bonds, notes,
a
principal
the
Canadian
(P. O. Delhi), Ont.
CANADIAN
Notices
:
as
1937-A: and
Bonds Sold—It is reported that
Date
volume
known
are
and
Montreal
'
May
1937
of
nine
,
Certificates
-
series
of
Nos. 22 and 23 of Street
Drainage
and Bit. Sur. Dist. No. 2.
Dated
Canada (Dominion
Philadelphia Fassfenger Ry.—mtge. 5Va% bonds due 1956——
2nd
value
For
some
years
the
Sinking
\ Fund Trustees have been
purchas¬
ing in the open market or by
private tender a number of City
Drainage and Bitumi¬
Surfacing Dist. No. 1, and
Due
face
offices
April 1: Nos. 108 to 122
on
the
will be redeemed at the
Street
April 1, 1938.
1948; optional
paying date.
of
These debentures
the
Called—City
of
nous
issues
$246,620.
London, England.
ment
Secre¬
Angelo), Texas
.
West
of
Treasurer
L. G. Kolsen reports that the fol¬
lowing bonds were called for pay¬
(P. O. .San
Company and Issue—
Redemption Galls and Sinking Fund
benture
Rawlins, Wyo.
Sold—It is reported that
Bonds
■
Arthur, and small parts
-
■
city,
Sinking Fund Trustees are
calling for redemption certain de¬
the
Co.
J-J.
Bonds
Dist. (P. O.
County
Bond Call Unique—For the first
in the history of the
time
WYOMING
Board
Green
and
Insurance
.
most
Corp.
Charlotte,
2, ' from
the
in
of Education
now states that
the $15,000 2lk%
refunding bonds sold to the First
State Bank of Rankin, as noted
here last August, were purchased
at par and mature $3,000 from
Aug. 1, 1943 to 1947 incl.
Inter¬
est payable F-A.
rthe
Michigan
public
able
Texas
Details—The
Sale
of
tary
fresh water from the
pump
Neches
of
Co.
Service
Public
function
is to
State governmental
body politic and cor¬
porate.
The bonds?., are subject
to the approval of all legal pro¬
ceedings by the Attorney-General
and
by Chapman & Cutler of
Chicago. -:
*•
'
as a
in
issue of
3V2 and 33/4% semi-ann. airport
site purchase bonds was sold re¬
cently to Crummer & Co. of Dal¬
las.
Dated-April 1, 1943.
Bond
ALBERTA
York, a block of $278,000
imp't bonds.
Dated
Jan. 1, 1928.
Due on Jan. 1; $25,000 in 1948, and 1950 to
1952; $30,000, 1953 to 1957; $18,000 in 1958,
and $10,000 in 1959.
Interest pay¬
4%
Sold—A $50,000
Sheffield Indtp. Sch.
on
Calgary, Alberta
of New
at
Olney, Texas
-
Bonds
purchase by the Authority of
existing water properties
The
agency and
<
days' notice
30
on
part
inverse order of maturity at 101 Vz.
certain
conservation and reclamation dis¬
trict, and
time
any*;
in
or
of
R. S. Dickson & Co. of
Purpose of the issue is to finance
■,
lature, 1934, Chapter 17, and again
by
oi$215,000 of
whole
in
First
purchased,
April
Metropolitan Life
derived by the Authority
from the sale of water. They are
re¬
55,000,000
composed of Lazard Freres & Co.,
the
to
Deposit Certificates.
Sept. 21, 1943.,
Deposit
Certificates.
Sept. 28, 1943.
on
Due
recently
banks at 0.75%:
Lynchburg, Va.
1
/
Secondary Sale — A syndicate
of
purpose
The bonds will be payable from
2V2s, due 1949-50; $260,000 of
23/4s, due 1951-53; $295,000 of 3s,
due 1954-56; $1,320,000 of 3V4s of
1957-67, and $1,000,000 of 3%%
securities, maturing 1968.,
4th
the
sold
were
Due
,f
VIRGINIA
revenues
of
was
the
storing, - preserving
distributing to useful pur¬
poses the waters of the Neches
River and tributary streams.
callable
000 of
Called Session of the 43rd Legis¬
amended
they
the; bonds
The issue consists
waters
63
Chapter
an Act
of
for
for
under
1, 1943.
000,000,
of the Texas
and
2% obligations due 1944-46; $150,-
includ¬
Said
Constitution
The latter also obtained
said.
created
was
conservation section
ceived.
and
Dated March
Valley Au¬
controlling,
orders
distribution to all useful purposes
of the waters of the Neches River
and its tributary streams,
thority
was
Section 59, Article 16 of the State
Constitution, including the
trol,
storing,
preservation
Lower Neches
The
:
ders, and the balance were allot¬
ted to members of the account, it
Legislature of the State, in 1933,
to carry out the purposes of the
Conservation
•
sue,
the
of: the
fY V / .\>
Quickly Sold—The bank¬
,
according 'to press reports.
Many of the bonds were sold by
the syndicate account against or¬
Said
accordance with the provisions of
Chapter
•• /
a
ing group reoffered the bonds at
prices yielding 0.70% to 3.32%>
and quickly placed the entire is¬
prop¬
created and organ¬
was
under;,
Issue
:
7.
_
necessary
through
investment
40c
20c
:);) '•
i
.
.
A'
4-12
4-
4-20
r'
'
,5- 1
4-26
4
-0-1
7
4-20
-
4-16
!)4i,
/
Name of Company
Moline
Pressed
Class
A
pavtic.
Monmouth
$7
.
Steel
(quar. )
non-cumulative
67«
(John),
Mutual
Telephone
Wide
Nation
class
A
Bank
series
&
3-5
series
International series
Co., 594 pfd. A <quar.)__i_
Lighting Properties, com.—-.-'
Boston
3-31
16c
10c
4-15
3-31
tSIA
$l*/4
25c
75c
$1
$lVa
$5
7l/2C
3-31
3-17
•
■
•
preferred iquar.)
__!:J
Philadelphia Trust Co. (quar.)
RR. of New Hampshire (quar.)__:
Northern Trust
Co.
(Phila.i
(quar.)
•_
$3
North
Northern
Nu-Enamel
Corp.
(quar.)
Shoe
Nunn-Bush
Co.,
'.
_—
preferred (quar.)—
Oahu Railway Si' Land Co. (irregulari
Oil
Gear Co.
Outlet
40c
$1
—$1.50
2nd preferred (quar.)—Pacific Finance Corp. of California—
674
.
;:<■
A
(quar.i_.
'
6
'
4-15
.
.
4-15
3-
$5
5
5'b
50c
4-20
4-
■
4-20
5-1
!_____
____
75c
15c,
________
3-31
Mfg. Co.--„-_i_1-__'1-,.--,-^1w--^---1-n1a1'
Pollock's, Inc., 6'•* preferred (quar.i37-VaC
Pollak
Public Service Co.
Common
2
5,
preferred, class
cum.
A
(quar.).
25c
$1.25
8c
•__
Quarterly Income Shares (irregular)-i--_—
Radio Corp. of America-^
4;'-:,",4---'7.
.!-.4 4
$3.50 cum. 1st preferred (quar.)
87(Ac
$5 cum. preferred, class B__
$1.25
Reynolds (R. J.) TobaccoCommon
(quar. interimi
___
35c
_
interim)-—35c
Rich's,
Inc.,' iquar.)_
' 75c
Richmond, Fredericksburg1 & Potomac RR.
-Class
4
Co.)
'•
B
6'••>•
iquar.
Participating
,
V,
gtdi preferred (s-a > _!
Participating ———!
$2
$3.50
>4.
_
5-15
5-15
6-11
4-26
4-20
Insurance
(quar.)
.
4-30
5-1
5-1
4-30
.
4-30
4-30
;
4-
:
9
4-15
5-
■t
5
5-15
4-
1
4-
5
*
3-27
,
:
3-23
3-25
,
Gold
Siscoe
Mines,
Ltd.
7- 2
3-25
:r .3-,25.
.I'/aC ;
6-15
Simpson's, Ltd., 6Va^.
(quar.)
preferred
1:$2
(accumj
Spiegel, Inc., $4Va -conv. preferred (quar.l i.).
Springfield Gas Light.Co. iquar.i
Standard, Silica /Corpv^^-^-.-^
(A.i
Stein
.Series
25c
$$1
■
..5%
•
B.)
preferred. class. A
ncn-cumulative
lf 't
cum.
preferred
Walker & Co.,
$2.50 class
Sewing
•$4
conv.
—
Machine.
preference
,
62V'ac
(accum.)______
A
S
3-24 :«
4-15
$2
4-
5'^
4-
1
Columbia
!
'
-
4-15
6-19
10-1
9-18
50c
5-1
4-15
65c
4-26
4-15'
-j. •
Co.
*
(quar.)
.
Telephone—
and
1
'
pfd. (quar.)—
4-20
5-1
4-24
5-1
$1V4
5- 1
5- I
4-15
previoua
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
give the dividends announced in
we
Canadian Breweries,
$3.40
preceding table.
Canadian Bronze,
5'4
Per
APW
Payable
Adams-Millis Corp,
4%
Inc.
preferred (quar. i
(irregulari
4-5
5-20
^5-20
■;
■
'Air Reduction
3-31
4-1
4-24
5-
i
4-14
25 c
.
Coupon
4-10
3-23
4-14
:.
,
4-16
3-22'
4-'l
4- 5
4-30
4-15
3-31
30c
pref. (irreg.)
,'..5-
1
,
Dixie
Dominion Glass,
■■■
4-15
4-
'25c
4-15
•
Dominion Tar & Chemical, 5'4 94 pfd. (quar.)
Textile Co., 794 pfd. (quar.i—__
4-16
$1*7,
Alaska
$3
4-30
4-15
4-10
15c
4-20
3-31
•
—
$1(4
4-16
4-15
3-19
$1^2
4-15
25c
4-15
(quar.)_,
pfd. (quar.)..___
Manufacturing (irreg.)__
American Cities Power & Light Corp.-—
$3 class A (payable in cash or 1/64 share
American Central
stocki__,
(payable
share of class B
37 Vic
cash
or
5%
District
preferred
stock)
Telegraph
34 %c
preferred
A
(Va.)
4-9
4-15
3-15
7
25c
4-15
4-
5 -1
4-6
:
" Sl'/a
5-
4-6
$1>4
Employers Casualty Co. (Dallas) (quar.)J "
30c
Quarterly
y/"7
30c..
" Quarterly =
30c
Employers Group Associates (quar.)
25c
Erie Railroad Co.. $5 preferred (quar.)—_ 4
$1.25
$5 preferred (quar. I
1
• 4'
$1.25
$5 preferred ,:.(quar,)>>_4.!-4_4i!____—
1 $1.25
Eureka Pipe Line Co.____—
_!
'
$1
1
4-12
5-
1
4-12
(quar.)_
Metallurgical, $5 pfd. <quar.) ;__4!_
$1(4
preferred (quar.i—$1(4
preferred (quar.>__:_—!.
" • $l*/4
(quar.)
$134
$1'
15c
12-
X
11-25
5-15
5-
4-11
3-31
8
class
A
(quar.)_„
U-
3-31
2
1
■
4-30
4-16
'
5-22
6-
1
9-
1
8-21
12-1
11-20
5-
I
4-15*
f;i 5-29 '
10-
5-15
9-16
1
6-30
4
6-15
V 9-30
9-15
412-20
12-15
Quarterly
y!!l_!4^/;:!—,_„:!4!4.4; $2 V2
7-
1
74' Quarterly
.
*4
10-
1
$$2
74,5-
1
694 preferred (quar.i
•
25c
4(4.94
Fen ton
convertible
Field
(Marshall)
73-31
35c
4-10
$1.06(4
4-30
4-20
4-15
4-10
5-
1
4-15
4-16
3-31
(quar.)__
iquar.)..
& Dyeing—
prior pfd, (quar.r_
$1V4:
(initial):
4h._—25c
& Co.
(quar.)
25c
$1.1834
Firemans Fund Insurance (San Fran.) iquar.i
Fishman
(Chicago)
75c
7—7
Foundation
Co
6c
4-15
$1
7-
Common
class
preferred
Canada
common
AA
5
6-25
G-25
14
6-30
6-23
3-31
6-1
5-
7-71
25c
37(4c
0-15
1
37(4c
10-1
9-15
$35c
4 4-22
3-31
(auar.i_
A
4-
3-31
4-15
>
$1V*.
.
4-19
4 4-7.5'
7-1
$2*4
(quar.i.
(Jersey City)
(quar.i_„
Co., 5 94 conv. pfd. (quar. 1
of
Fuller Brush Co.
,7 7 74
7 4-20
.
Fort Pitt, Bridge Works
1
;
Foster Wheeler Corp., 694 prior pfd. (quar.).
6% prior preferred (quar.)
/
4-15
Bank
H.)
4
4-26
^„_J!4'>^^_U_!!!!!!!!!-4;!-;>_> 4^.47 50c
(M.
4-19
4-26
7
37V2C
Firestone,Tire & Rubber—
First Mutual Trust Fund Shares,-!
First. National Bank
4-15
4-30
(quar.20c
(Wm.) Sons, common
preferred (quar. i
4% 74
3-31
4-15
4-30
preferred (quar.)
Fibreboard Products, 674
Fllene's
4-15 '
$1(4
774
Fiduciary Trust Co.
5
5-10
$134
com.
preferred
United Cleaning
9-11
4-15
'4-
5-25
50c
,
6-11
4-15
50c
—
—_
Federated Department Stores
First National
15c
4
(quar.)
5-
1
4-20
60c
iquar.)._______
(quar.)
Fundamental
Investors,
Inc.
.
,
Fyr-Fyter Co., class A-!-!--—,---!!!—-.A 4
Class B (irregular)
4
3-31
5-
1
4-20
7-
1
$1 ?4
20c
4
G-21
1
_____—_
•
4-20
...
,,
•
5-
General Steel Castings Corp.—
convertible preferred (quar.
371/ac
$1V'2 convertible preferred (quar.)37)(ic:
(irregular)
^4 "•
6c
Chesterville Larder Lake Gold Mines (inter.)
$3c:-
Quarterly
Quarterly
Oil Co.
preferred (quar.)____
preferred (quar.)_
preferred (quar.)__—
Ry.—
—
:
City National Bank & Trust Co. (Chicago)— ■
Quarterly
Cleveland Cliffs Iron $5 preferred (accum.)
preferred-
Clinton Water Works,
!
7^-'preferred-(-quar.)
•
6-19
—
•
$1(4
$1V4
$1V4
'
"
6-16
9-15
"•
4-'
6-1
'9-1
12-1
$1
5-1
4-14
5-15
8-16
11-15
:
$1%
4-20
4- 5
1
4-23
4-15
4- 1
5«
-
Golden
State
Co.__
;____——
—
Power, 794 preferred
(H. L.) Co. (quar.)
Great Lakes
•
Green
3-31
1
5-
1
5-15
1
4-9*
4-
;.
5
'
4-10
$$1 (-4
•
■
.
4-15
3-31
25c
$1,50
4-20
4-10
4-26
4-10
25c *
4-15
4-
20c
4-15
3-31
$$134
—50e
8
5-15
5- 1
5- 1
25c
(quar.)—
4-10
5-
5%
Great American Insurance (quar.)
3-12
4-
4-20
prior preferred (s-a)—
62'4c
Gotham Hosiery Co. Inc., 794 pfd. (quar.)__ :
$1.75
Greenfield Gas Light
674 non-cumulative preferred iquar,)—75c
Gosnold Mills.
4-17
4-26
preferred
;Non-cum. preference (quar,)—.——
Giddlngs & Lewis Machine Tool (irreg.)—_
(quar;)—
Gladding McBean & Co. (quar.)—
——,
4-10
4-15
.
Gimbel Bros,. $6 preferred
3-17
,
*
$1
-$134
•
3-10
:
4-15
*
9-20
3-31
4-15
7-15
10-15
25C
—
Cincinnati New Orleans & Texas Pacific-
7 (J
9-30
4-15
-25c
.25c
(quar,)
_____
—
Clinchfield. Coal.
6-30
-
____________
4-20
4-24 /
5-1
(accum.)—
$1(4
General Trust Co. of Canada (Montreal)^—*
$6
4-7
1
5-1
4,
,
-
$1Vjs
5%
5-25
Ltd.,
Chemical Fund, Inc.
5^
8-25
4 8-
'
1
Farmers & Traders Life Tns.''(Syracuse, N. Y.)
•
•
4-15
,
4-10
6-1
5-
3-31
3-15
9-1
4-1-5
3-31
5-1
$134
3-31
4-15
:
7
4-15
4-15
$134
,
15c
\/
—
1
10c
$$1,A4'
4-30:
3r314_.
Class B (quar.i
Qardner-Denver Co., common (quar.)_____!_
25c
!__
.$$t V4 .:-v',4-30
3-31 *
.-.Preferred, (quar.,)
7(4 • preferred: iquar.i
■••'• 75c.
$$1%
4-15
3-31
'
; Gellman jMfg..4.Co.-_---—:—.4-—4!—,!. 4• •'' 10c
Canadian Insurance Shares, Ltd._4!!_-----: 4-v 4$1 5-11
4r30
General Baking Co., common-.-———15c
Canadian Marconi Co.4_________i____u_!_;;4; $4c
;4 6- 1
4-15 4
General Electric Co. (quar.)
Carolina Clinchfield & Ohio Ry. (quar.)____ ,
!________,;7
35c
•
$l,/4,
44-20,
4-10
General Finance Corp. (quar.)—!———
5c
Central Aguirre Associates_____—_^________
37VaC \\ 4rl5
3-31,
Qeneral Foods Corp.; $4.50 preferred (quar.i
Central Kansas Power, 4% (4 pfd. (quar.)
$1(4
►
•• $1.19
4-15
•
3-31
General Investors Trust (Boston)—:—,——
6c
Ccntr'al New York Power Corp.—
i•' ' y •4-'^">.44 '."•",
General Mills Inc. (quar.)———_7:! 4
$1
5preferred (quar.)__!___;
•
$1.25 -4 5- 1
4- 9
General Motors Corp., $5 pfd; (quar.)
._'_•
$1(4
Century Ribbon Mills, .7(4 pfd. (quar.)______ :
$1%
6- 1
5-20
Canadian Industries,
$1
A
Fidelity k& Casualty
.
3-15
44-24
$1V4
Fansteel
4-15
i_._44!-__!_!!!w-_4-__4_4____!.v'..4't $25ci
Chain Store Products,
.
4-1
-$1V»
.
(quar/)„___:__________i___„__"
common, (quar.)
3-31
'
1
4-15
,
3-31
J.)—
(quar.)^
^American Express Co.. 5"r preferred (quar.i
American
5-
5-
$1^»
$$1:,4
4-15
$1(4
(N.
(quar.)___
American Envelope Co., I'w pfd.
1%
preferred A (quar.}___
7'fr
■
.
3-31...
,4-/5
1/32
American Coal Co. of Alleghany Co._
American
•
'/'•';r.67$;/preferred.(s-ai_>!__!!--A!4;!4!:_!!!^4f4!;'' 3c
'
4-15
Extra-■■
Registered
Chickasha! Cotton
;
in
4
__
4-- 1
American Asphalt Roof 6%
A
-
4-1
5-1
4-15
25c
pi-eferred (quar.)__
Airlines, $4(4 pfd. (quar.)__-
class
5-1
12V2c
$1.06(4
Amalgamated Sugar, 5';l,
class B
4-30
,
'■•■''•4.:'4-/!;
',
.
3-15
$10c
El Paso Electric (Del.) 674 preferred iquar.)
$1*4
::774' preferred A (quar.)$1%
$5
3-15
3-31
..
4-15
5c
Power Co., $5 pfd, (quar.i
Packers Association (resumed)______
Penn'Oil & Gas (quar.i
Allied Stores Corp, common
Aluminum Co, of America-—
'5('t preferred (initial quar.
of
$12VaC
,
4-15
4-15
4-30
•
Pont de Nemours & Co.. $4.50 pfd, (quar.)
Duquesne Light, 574> preferred (quar.)
Economy. Grocery Stores (quar,)
Electric Bond
Share, $5 pfd. (quar.i-
Extra
,
3
All
Alabama
$2.75
________________________
5-1
.
$30c
•
Du
$5
4-15
3-31
3-19
„
5- 1
:*•-
(quar.)______
pfd. (accum. ) j—
-5- :5 -;,/;.•
Federal Electric, $1 % class A (quar. 1 __J—
5" 5 '•
4, 4... Federal Machine & Welder Co. (irreg.).
•
J Federal Serv. Finance Corp. (Wash.,D. C.)—
Common !:!
—!„__
4-16
,
1
4-15
4-15
Federal Grain, Ltd., 6 Va %
•..
5-
7 4-20
■
4-3
5-1
Insurance
-
.
'
$6 preferred
8-12
;4>$$1A
Dominion
/■'■:
5
1
3$2
$$1 »4
-
(quar. )
!
{quar.)_i__:
5
8-
9-
340c
•'
4 Extra
7-1
5-15
'5-; 1 :/ 4- 9
.; 5- 1
4- 9-4
4 5-1-4-1
r
- 1
$$1.',2 4
4-15 3-31
$70c 5- 1 4 4- 1
'.••■y:V-
Ltd., common
preferred
Dominion Oilcloth & Linoleum
$85c
$37Vac
^i;$l'.4
$$1
.
774
5-
8-16
15c
Dome
:•
44-10
5-15
$114
'
;,-_4
^
3-26
4-26
75c
'
4-15
50c
_
(quar.i—
Mines, Ltd..,_—
Dominion Bank of Canada (quar.)
1
1
12-23
50c
:
:,
pfd. (quar.i
Home Stores
710-
25c
(quar.)_—
Gasket & Mfg. Co.
Michigan Stove, 574
preferred (quar.)
710-
12-23
4-15
■
-
4-21
25c
(quar.)
American Alliance
(quar.)
.
-
Edison
__________________
partic. pfd. {s-a.i__
Distillers Corp,-Seagrams, Ltd.,
- 1
574 pfd. (quar.) (payable in U. S. funds).
"
.
$1''4
$1A
$1%
30c
(quar.)
'
?
American
(quar.i
8-16
11-15
Ealstaff Brewing Corp.,
3-31
3-31
*4-15
44-15
5-15
,
9-
594
•.
4-20
612-
Diamond Match Co., 694
•
4-20
1
5-1
75c
Detroit
4-20
4-20
5-
75c
50c
4-10 )
3c
non-cum. cony.
(quar.)___u
6'4- preferred
(quar.i
Canadian Foreign -Investment (interim)
Canadian General .Investments—
4-16
1>
h lv/zc
Fund
Air Investors $2
1
4-15
10-
preferred
Ltd., common
$2
75c
75c
Detroit
3-31.
.
4-15
37 Vic
_
iquar.)_
iquar.)_■
Detroit
«
4
(quar. 1
(quar.)
I
(quar.)
5-1
•
4-17
3-31
6-
(quar.i
(quar.)
'4-15
4-28
5-
Common
7 74
1
4-20
7Vic
(quar.)
1
.
(quar.)———
(Wilmington)
874" debenture stock
preferred
preferred
1
7-22
1
6-15
37Vic
•
'
Supply, common
8-16
10c
•
Inc.—
preferred
$1.7938
Ltd.—
preferred
Bros.,
6-18
6-30
$1V8
(s-a)
iquar.)___—_________
774
•
Canadian Dredge & Dock
(resumed 1
Canadian Fairbanks-Morse Co. Ltd,—
Ree.
$1
_
Addressograph-Multigraph (quar.i
Advance Aluminum Castings (extra i
Affiliated
of
25c
Laboratories,
& Straus,
Holdere
50c
30c
Properties class
Abbott
Abraham
,
When
ehare
;
Name of Company
;
convertible
common
77c
'
6-
Common
____
.
; Below
Ltd.
Co.,
(accum.)___
preferred (quar.)..._-_;.._____Y_.
Dentist's
..
4-20
Press
Dennison Mfg.,
,.
vAAvSOc,--);
;
50c.
4-2
Seal
Delaware Trust Co.
,
4-10
4-15
4-15
Davidson
v4';;4r:4;'; •v,'!::T!4/.'\'''4;'!-.4 4'v44:;414444!',.-4"
$1.50 1st .preferred' (qu'ar.)
—
$37c •
5- 1
3-31 '
80c 2nd partic. preferred (quar.)
$20c
5-* 1
3-31
Cfllgsiry &/tEdihohtdn'Corp!/(i
t5c ' " 4-13
'3-13
California Electric Power, $3 pfd. (quar.)—
75c
5- 1
4-15^.
California Oregon Power, 6'4 pfd. (quar,)—
$1'/a
4-15 * 3-31
preferred 1927 series, (quar.)—_
$1)2
4-15
3-31
74r preferred (quar.i
^
!
$l3i
4-15
3-31
California. Packing, common (quar.)
: ZIV2C • •' 5-15
4-30
5'4- preferred (quar.)
62V2C
' 5-15
4-30 1
Canada Iron Foundries P>f,'o .non-cum. pftl.-v -' 4 t«3 4.'4 44154
3-314
Canada Northern Power, common (quar.)__
•
■ $15o
.4-26
3-19
I'm
preferred. (quar.)
$S13'4 " 4-15
3-19''4Canadian Bank of Commerce (quar,)
$$1V'2
5-1*
3-31
'
Ltd.-—
Mills,
4-15
4-26
&
Drug
4V274
.
,
thereoni
interest
Linen
5-15
Co.__„__—5c
Cork
Cuneo
?
2
2
'5-17
Culver & Port Clinton RR.
'
4-
4-
1
pfd.
&
874
.
,
1942
$l3/4
Forster, common (quar. 130c
preferred (quar.)—$2
Crum
-
4-15
5-1
$$8.75
(quar,)—$50c
Crown
'
. .
$l7/e
<quar.)__A—_____
preferred (quar.i
Crown
,
-
Corp.
11-1
30c
$50c
(quar.)__
Oil
Corrugated Paper Box, 7 74
i
.
5
5-15
774
4-23
5-1,
8- 2
+a0c
$l0c
•
4-
7-1
/3423:'!;!1;*4-30
„
4-8
.
.
4; $$1V2 4 45- 1
Brompton Pulp & Paper (quar.i
•.
J $25c
4-15
Bronx County Trust Co. (N. Y.)—
"50c »'-4-15
Brooklyn Union Gas_i
25c
5- 1Broulan Porcupine Mines, Ltd
—:-i-. v
$3c
5-31
Butler Brothers,, common—_______; 4. v 15.C; >. 6- 1 i
br.c convertible preferred (quar.)__—37Vac -4; 6- 1
Byers' (A. M.) Co, 7^ pfd (representing the 4 44!
44
quarterly dividend of $1.75 due Nov. 1,
■ 44"
'
.'Caldwell
1
preferred
prior
(accum.)
Service.
4-
British
4-1
4-15
50c
(interim)37V?c
Co,
Wisconsin Public
4-30 f
4-15.
-
;
6(4 2nd preferred (quar.i—
WK;5c ,4- X
—
.—
Wilson-Jones
5-15.
3-31
5
4-15
4-15
iquar.i$1.25
26c
$1.75
Washington Oil
'Quarterly
>
,
5
5-
(interim)
(Vancouver.)
British Columbia Power, Ltd. class A
6-1
4-
& Distillers
Bridgeport Hydraulic
-•
5-15
.
5-15
preferred class B
'
class C iqinu-.i a___—
.v'.■■"Class; B ,(resumed)^_,^'-A~%^4!4'A:A-:-!!u~!~^,,
White
5-12
Co.—
5'v
■
3-22
-
4- 2
.
(J,
.
5-10,
$10c
:
,,Extra
,;-y
B
Van Sciver
;
6-15 ;
4-15
5-15
(irregular)V'aC
United Corps, Ltd,, class A (quar.).—,
■
37c
,
Brewers
,
—4— '
Bldg. Assn., Ltd. iquar.i
Trusteed American Bank Shares—
3-22
6-15
$1V8
30c
& Co._—
Traders
Extra-
4
12V'2c
5- 1 ; ' 4- 1 '
Avondale Mills, common i monthly i
•
7c
5- .1
4-15
Common- (monthly);
-7c .,4';,:6-.. 1.,,.;, 5-15
Babcock & Wilcox Co. (irregular)25c
4-30
•
4-15
Backstay Welt (quar.)
12V2C
4-15
4-9
Badger Paper Mills, 64, preferred (quar.)— V. 75c
5- 1
4-21
Baldwin Co., 64 preferred (quar.) _i
—i!
;
$1.50 \ 4-15
3-31
Baldwin Rubber Co. (quar,)____
12(4c
, .4-21
4-15
Bangor Hydro-Electric, common (quar.i
v30c
* 51
4-10.
Bankers Trust Co; (Detroit) (s-a>
40c
4-15 1 . 4- 5,
Bathurst Power jt Paper Gh„ Ltd •—
'
, ■ * <»
Class A (quar.)
~ $25c 7- 6- 1
•
4-30 Bell Telephone of Canada (quar.)—t$2 _•
4-15:! 3-23 ;,,
Benson & Hedges, $2 conv, pref. (quar.i
50c
- / 5-1
4-15
Bensonhurst National Bank (Bklyn.i (quar, 1
$1 > ~ .6-30 6-30
Borens River Mines" (quar,)_!;_>;_4_-:—, «3c6-10
5- 7
Biltmore Hats, Ltd,
(quar.)—.
$15c
> 4-15 .4 4- 3
Birdsboro Steel Foundry & Machine.; 7;
25c •.
4-24
4-14;v
Bloomingdaie Brothers,
Inc..--.^;!^!^.-!, ;/!;• 20c
v4"24
4-14
Blue Ribbon Corp., 54. preferred (quar.$62 (ac'
'5-1
3-31
'Boeing Airplane Co.—
4,4
4-27
-.4-- 0/ 4
Bon: Ami 'Co.. class A iquar.i:
44 $1
'4-30 ;4'4-15-'-' •
i- Class B (quar.)—
: 62l'ac :
4-30 - 4-15 • .,
Booth Fisheries, $6 2nd» pfd. (accum.t
:
$20.26
4r20 v 4-10 »
Boston Edison Co.
(quar.)____
'50c . 'S- x
4-10-, : .
Boston Personal Property Trust (quar.)
-,4,16c . 4*20 • - 3-T1
Bralorne Mines, Ltd. (quar.)_^._____
1_ -4 ;■• $20c
,
4-15 •
3-31 ;
6-10
(quar.»__!•___-__.4-__~—.
$134
Sioux. City Stock Yards Co. (Reg.) (quar.)—'
37V2C
■.:Preferred ■ (quar.i
(Reg.)'!____—v 37 Vac
preferred
4-20
3-31
5- 3
'
37l/2c
Consolidated Retail Stores, 8 74 pfd. iquar.i„
$2
874 preferred (quar.)$2
—
3-26
4-15
$1
>,
(quar.)!
"
>
■
3-31
5-15
4-5
—
3-31
■
7'!
-
4-1
6-1
Inc._*_
$6 convertible prior preferred
'
4-
4-15
3-26
'
-
4-15
10c
Cooper-Bessemer Corp., common——1.
Corn Products Refining,
common/(quar.i
,
—
"
4-15
.,
Heating Co.
Chemical Industries—
5
10c
$114
1
6-19
^ ;
4-1(5
&- 1
12-24
4,
3
6-19
•
4-15
';
-
f.
Car
6-30
5-
,
——_
.
;
6-25
9-25
12-31
5-
.
,
..
Industriesr Ltd.-r
9-30
$$iy2
$114
4-17
.
4-20
4-15,
..
$$114
_________
3714c
4-10
4-21,
4-21
4- 9
4-10
4- 2
3-30
.
4-30
—
$$114:
Consolidated
4,-15
5,- 1
5- 1
5- 1'
tl0c
(Ontario)
(quar.)____
4- 9
,
5-15
preferred (accum.)
$1.50 partic. preferred class B
,
5- l
,
!
4-26
$1 ■
5- 1
25c V 4-15
Rockland Light Sz Power Co. (quar.)——'
12c
5-1
Rolland Paper Co., Ltd., common i.quar,t—
$15c
5-15
6*7
preferred (quar.i
$$lVa
6-1
Royalties Management Corp. (resumed) -_!
5C.
4-20
Saginaw &,Manitee Lumber! 7!) pfd. (quar,)
$2
4-15
Schaffer Stores Co., 774 pfd. (accum.i-._$134
4- 3
Securities Corp.. general $6 pfd. (accum.i"!!'!>; $1.50
4-15
,$7 preferred (accum.t
$1.75
4-15
Sefton Fibre Can Co., 574 prior pfd. (quar.).
$114
3-31,
Shaler Co., class B (irregular)
10c
4- 1
,Class: A, (quar!)--'-!___._.c!.;—50c
4- 1 ;
Sharp & Dohme. Inc., pfd. class A iquar,)-;.
871 ac
5- 1
Sherwin-Williams Co, (Canada)—
/-. •/' ■
•••"• -, 4:'
-
Rochester American
1
4-15
5- 1
,
a
—
7 c/r
'
3-
5-15
5-15
•
(s-al!;!
gtd. preferred
•
4-7
6- 1
6-1
5- 1
<■'■••!;■'!
7-1
7- 1
)
(irregular)
3-31
Consolidated Edison of N. Y.< $5 pfd. (quar.)
Consolidated Laundries, $7.50 pfd. (quar.)_
'
4-19
.
"
(quar.)
5</r
f
.
3-31
4-15
'
7- 6
7- 6
/Araer, deposit rets, for-ord.-regis..,—
10-•Atchison Topeka & Sante Fe Ry..
i
$1(^
Atlantic Coast Fisheries (irregular)
25c
Atlantic Coast Line RR.s-^,
«
T
5'M; nonrcumulative, preferred (s-a)
$2'-a
Atlantic Rayon.Corp.-=— »
'
1
1
'
'
»
$2.50 prior preference (quar,) i
—
62'4c
$2,50 prior'■.•preference (quar.)
62(aC
$2.50 prior preference (quar.)__
^ 62'.'zc
Atlantic Refining Co., 4& conv. pfd. iquar.)
$1
Ault*& Wiborg Proprietary—
'
!v
5(4'4 preferred (quar,)
i$l3/8
;
9-15
3-15
Indiana, Inc.—
of
(quar.)__.
4-15
4-15
$1.50 partic. preferred class A
4- Is'
■
10- 1
4-17, '
.
prior pfd.
4-20
75c
(quar.)
common
—
Consolidated
3-31
15c
$lVa
$1'4
68V'4C
,25c
..$ 1 l/a
(N. H.i, 774
; Consolidated
v
25c
common
64.
•
4-20
HOc
Ltd.,
(G. C.), Ltd., common (quar.)
Connecticut Investm't Managem't Corp. (s-a)
Connecticut River Power 6'/
pfd. (quar.)__
'«
•
4-20
5-15
5-1
5-1
(quar. 1
Quarterly
Quarterly
3-31
3-15
4-15
75c
4-20
$1.63
$5c
Quarterly
$2.25. t:
•
(quar,)___________________
Associated Electric
4-15
4-15 •
Fence,
preferred
Artloom Corp.
Pittsburgh, Bessemer & Lake Erie, RR. Co.— f
Semi-annually
Hocking Glass,
4
5-12
5-15
5-15
Conn
4-15
$1(4 ..._5- 1/
preferred (accum.)
.3-31
5-28
■
(quar.)
Alcohols,
preferred
Concord Gas
4" 2
3-31
,3-31
$2
Anglo-Canadian Telephone 5(2 r:b pfd. (quar.)
Apponaug Co.
'
Arlington Mills——
•__ /
4-15
5-15
.
convertible prior
Anchor Post
4-15
4-
iquar.i
.
:
preferred
Confederation Life Association
•
;:/■"■ v;1
Smelting Co.—
Anchor
6-1
Piedmont & Northern R.v.
&
4-21
4-15
Commercial
3-15
4-23
4-2
4-1
4- 1
5-15
4-20
4-15
4-15
50c
preferred (quar.)
preferred (accum.)
Zinc Lead
Amoskeag Co., common (s-a)___
$4,50 preferred
(S-a)
Anaconda Wire & Cable.!
4-14
,
convertible
4-21
3-20
4-15,
5c
.
4c/o
6'/aio 4preferred
,
American
4-17
7
——__!
'
Products—
______
_______
American Woolen Co., 7'4
5-5
Clay
common
4-i5
.
Smelting & Refining—
preferred (quar.)—;$1^'/ 4-30
States Utilities Corp., common--—
10c
4-i5
5V27o preferred (s-a)__
:
683Ac
4-15.
American Telephone (Abilene, Kans.)—
! ■'
: y /
'
bVc\. preferred .(quar.)
•
$1(4
4-15
American Telephone & Telegraph' (quar.),—
1 $2.25r .- .4-15 ;,
American Trust Co. (San Francisco):—
-
6-15
4-27
5-15
Aviation
Pacific
;
"7c/o
4-9
11..ll__—>7 4 20c
Pacific Lighting
Corp.
(quar.)75c
Pacific Public Service, $1.30 pfd. (quar.) —32»/2c
Panama Coca-Cola Bottling Co.< (irregular) _•
$1
Peerless Woolen Mills, 6Va '/«• pfd. (s-a t
$1.62 Va
Pennsylvania Gas Co. (quar.25c
Pacific
$1 (a
50c
15c
$1
$3\'z
(quar.)—
(irregular)
Corp.
4-15
5- 1
5- 1
5- 1
•
9- 3 ;
12-3
,,
3-31
12-15
4-15
3-31
4-20
$iy2
$114
/$114
43%c.
(quar.)_____
Southern Ohio Electric—
4-
Columbus &
4-20
25c
pfd. A iquar.)_
preference (quar.)
;
Cum. preferred 574 series (quar.) ________
Foods, 574
4-10
$25c
$25c
57c. cum.
Columbus
4-14
—
Columbia Gas & Electric. 674,
4
5-15
4-20
5-15
12 Vac
.
(initial)____
(initial),-.;-
Colorado Fuel & Iron___
6-1
25c
____
Collingwood Terminal, common
.\.7'.b non-cumulative preferred
.
..
9-25
,
:
20c
Preferred C (quar.
__4—16V+C
5'} preferred Jquar.)—$1V4
Preferred
'•
-
•
_______
9
4-
Seal-Kap
.
of Ree,
$25c
common (s-a)
St. Louis (St. Louis)
Colgate-Palmolive-Peet, common (quar.)____
874
Razor •{irregular)--
Payable
Coca-Cola Bottling Co. of
' 6-
:
American
9
4-
_
American
:
5-14
4-
4-30
4-15
6-30
4-30
4-30
3-12
4- 1
5-1
5- 1
(irregular)—
common—1-1—
Co.,
,
$1.25
30c
5'./'
•
6- 1
:
non-cumulative preferred
I'm
3-31
4-15
4-15
4-15
20c
(quar.)----
common
American Shipbuilding Co.,
3-31
"
—•
preferred
American Safety
When
ehare
<■
Cockshutt Plow Co., Ltd.,
4-13
4-14°
4- 1
: /;
4-14
.
American
4-15
10-1
6-15
9.-15
$1.75
$1.75
$1.75
$1.25
.
3-21
4-15
4-15
series
—.—ri
Ltd., 7(1 preferred (quar.i-!::
Newberry (J. J.)
North
American Rolling Mill—
4-15
Low-priced bond
iWm.)
4- 2
10c
'
Neilson
7preferred (quar.)—
'
7 To
preferred (quar,)
American President Lh"-s preferred (irreg.)
4/'- 11c
,•_!-
----------
(quar.)
4-15
3-31
2c
—7>__
series
7%.pfd.
Name of Companv
4- 5
6-25
7-1
50c
,
4-15
10c-
-
series.
stock
common
stock
Preferred
Quarterly———
4(2Vc.convertible
l,u—-
•/■■•
.
j.!,-.:-
.
4-15
/ ■, •.■
50c
American Paper Goods Co.,
•
;
$2
Quarterly
•
4-15
•
.
.'
•
4-15
$5
4-15
4-15
5-1
20c
(Chicago)—
5- 1.
10c
.
$l'/2
Holdere
Per
of Re0,
$1.75
National Bank & Tr. Co. (Mobile)-r-
American
Monday, April 12, 1943
Holdere
(quar.)
Semi-annually
of
Co.
Trust
!
4
Low-priced
Income
•
3-15
4-1
(quar.}___—______._v.-__>1-,-—-!'
National Securities'Series—
Bond
4-12
!v :7'
_____
Commercial
Albany
:
4-20
4-30
15c
9 3'5c
(Hawaii)
class A < irreg.)__:
National Chemical & Manufacturing Co.-^National
5- 1
—
When
Payable
common-----,—--25c
American Nat'l Bank & Trust Co.
25c
(quar.)
preferred
Maize-Products,
American
1
'.v
$1.50
Securities,
Quarlerly
5-
5-15
$1.75
_____
.
American Furniture Co. Inc., 7% pfd. (quar.)
American Home Products Corp. (monthly)--
Co.—
Co.—
&
4-15
5-1
2 'Ac
Water
Drop Forging Co.—
Morrell
6%
American Fork & Hoe,
(quar.)—.-
Per
ehare
.
Name of Company
ol Reo,
Payable
Corp.—
Consolidated
preferred
Moore
,
Holder i
When
Per
Share
(
■
CHRONICLES
THE COMMERCIAL & FINANCIAL
1326
4-15
4-15
4-15
.
3-19
4-15
3-31
5-1
4-15
6- 1
5-14
Greisedieck Western Brewery—.
5(474
convertible preferred (quar,)„__.
3438C
;
,THE COMMERCIAL
Number 4167
.Volume 157
,
Quarterly
.___(
Extra
.
Halle
s.
(' 6%
preferred
(quar.)
.
Harrisburg Gas, 7%
Hartford
Electric
Harvard
•Hat
_
4-15
4-15
4-, 8
of
:,Name of Company
•
6%
3-31
^ 60c
pfd. (quar.)_ ;
(I.)
& Co.,
6'So.
9%
preferred
(R.
Co.,
preferred
(quar.v
Light (quar.) _______
(irregular)__
4-
4-15
3-31
5-
6;.
Bond
Manufactures
.
$2
5c
5
A
11-15
11-
Outlet
Trust
(N.
Co.
4-15 /
Marchnnt
3-31
Maritime
Y.)—
&
Tel.,
'77c -preferred
5
Pacific Portland Cement
4-15
4-
5
Pacilic
Tel.-&
Packer
Corp.
com.
4-15
5-4
Hershey Chocolate Corp., common (quar.)
$4 convertible preference (quar.)
Hibbard, Spencer & Bartlett (monthly)
75c
5-15
4-24 4,
$1
5-15
4-24
Massachusetts
15c
4-30
4-20
30c
5-
4-17
$5c
4-22/
3-31
4-15
3-20
4-15
3-20
37 VaC
.
•
Pacolet
(quar,)-/
(quar,)/_.__
pfd.
•
;
Holly Development Co.
Holly
Sugar
7%
v
Corp.
Honey
Ltd.
Dew,
Horder's Inc.
Horn
Ilurdart
&
Household
5%
(quar.)
(N.
Finance
Y.)
Institutional
Aviation
<3%
preferred
$50c
(quar.)
preferred
;7'i:
Utilities
•Investment
Fund
6'/-
<
Iron
preferred B
preferred C
Fireman
(Boston)
8
preferred
Island
Mountain
Aircraft
Jewel
Tea
Molinc
50c
Monroe
(quar.)
(quar.)
4-
1
Montgomery•■ Ward
,5-
1
4-21
4-15
3-17
1
4-14
Moore
4-30
4-15
Brewing
Machine,
-
4-15
1
3-29
5-
4-17
$172
4-15
5-
1
4-1 6
4-
4-20
4-16
31 Vic
4-15
3-31'
$17a
4-15
3-31
$5c
4-28
3-30,
80c
4-15
3-31
•
,
:
4-15
5-
5c
<
5- 1
4-16
5-15
Lazarus
(F.
& R.)
Co.
&
Lebanon Valley Gas
Portland Cement,
Lehigh
4'in
preferred
Stores
Lerner
common
Nat'l
Lincoln
Electric
8-
6
11-
5
9-15
9-
Belt
12-
4-15
Lion
Match
Lion
Oil
50c
3-31
v-
Liquid
6'4
RR.
Miami
Special
"
69-
Lon«:
Bell
Ctfs.
of
/.Accumulated
Longhorn
Louisville
54
54
Gas
4*4#
New
& Electric
(quar.)_____——
preferred
preferred
Electric
Lowell
6'/a4
Luzerne
5(4 4
County
Nineteen
.
4-15,
$4
5-25
8-25
$1.(4.',•:
6#
v
6- l.i;
6-1
Light
/ ,50c
4-15
20c
ri- $2
4-15 t'e
5-1
37tbc
4-24
4-15
4-15
1
—
••
65c
$1.62Va
11-20
3-31
3-31
•
i
7 ",'a
4-
5
partci. pfd. (quar.)
preferred (quar.)—j,
(irregular)—
6-
1
5-15
/
v
4-
1
4-20
1 V
6-28
9-21
-
i-3-44
12-24
5-1
4-15
$1Mj
5- 1
4-15
35c
4-15
3-31 *
SlVa
4-15
3-31*
-,
Co.
Extra
Old
Colony
1st
3-19
4-
1
4-22
4-
1
50c
10-22
10-
1
75C
4-15
3-29
4-15
3-29
$ 1 Vb
5-
1
4-15
$1.06 Va
5-
1
4-15
$1*4
5-
1
6-17
>
75c
Procter
&
3-26
4-15
3-26
4-15
4-20
15c
4-20
$1
pfd.
4-15
of
preferred
A
1
1
5-
4-15
3-19
$75c
4-15
3-19
$ 1 Va C
4-15
3-15
50c
4-15
4-
25c
5-15
4-15
$5C
4-15
3-) 5
$2
(quar.)_—;
(quar.)„_____—
Co., 8%. pfd.
5%
Co.,
3-31
4-
5-15
4-15
3-25*
5-
*
Mines
3-26
3-31
t
$2c
America
Dome
:
$$Hh
•
(quar.)
:
(quar.)—_
i
$5c w
4-
5
4-
5
7-15
7-
5
50C
(quar.)
6
4-15
$ 1V4
(quar.)
4-15
3-15
50c
5-15*
4-15
Service
Corp. of New Jersey—
preferred (monthly)
preferred
(monthly)-
——_~_
3-31
$5
prior
preferred
(accum.)—
$174
7-15
1
4-15
$5• prior
preferred
(accum.)
$174
10-15
15c' v';:
6-
1
5-10
Purcolator
Products,
common..—
15c
9-1
12-
/
11-10
1
3-12*
4-15
4-20
1
7;
3-31-
3-30
4-15
5-15
'
75c;
4-30
5-
25c
4-17
5-
1
4-17
1
4-
4-15
50c
5-
2
•
$4.50 convertible
Putnam
Quaker Oats,. 6%
Reading Co.
Reed
(C.
A.)
$2
/
preferred A
Regent Knitting
Mills,
1
$1.12
5-
1
4-20
4-15
3-31
5-29
$17a
—
iquar.)
common
9-20
5-
15C
(Boston)
preferred, iquar.)
6-18
i
10c
1st-preferred (quar.)____
(George)' Fund
3-19
4-15
$174
Quebec Power Co. (quar.)—
Railway Employees Corp., 8% pfd. iquar.)__
Rath Packing Co.; 5% preferred (s-a)__.
4: 5%. preferred (s-a)
(accum.)______
$25c
/
r
4-20
5-
1
5-25
4-19
4-20
20c
3-31
$2 7a
5-
1
4-20
$2'/b
11-
1
10-20
5-13
4-15
25c
5-
50c
$25c
1
4-20
4-15
3-15
$1.60
non-cum.
preferred
(quar.)
40c
6-
1
5-15
$1.60
non-cum,:
preferred
(quar.)——
40c
9-
1
8-16
$1.60
4-15*
1
I
$1 W»
—
preferred
Puget Sound Power & Light—.
$5 prior preferred (accum.)
8-10-
9
$1 Va
:
6%
v:
3-15
4-15
(quar.U___^-___—
Gamble
Prosperity
Public
4-10
4-21
4-
15c
(quar.)——
Proprietary Mines, Ltd
5%
4-15
15c
■/•
iquar.)
Mfg.____
Metals
East
•
4-20
4-26
5-
.
.
•
$1
4-15
1272C
4-21
5-
1
8-
2
7-23
10-30
10-20
2c
'
.
/
50c
5-
non-cum.
40c
12-
1
11-15
common
/
1
4-15'
-
3-31
4-15
/
4-20
35c
4-20
3-31
5-
9%
1
preferred
4-15
;/
4-
?
7%
preferred
Rhode
:
1
4-20
5-
1
4-15
15C
1
;
5-
1
(quar.)__
4-15
4-26
4-16
1
4-10
(quar.)——
1st pfd.
(quar.)
7%: 1st preferred
(quar.)
——
7%
5-
(quar.)
__
/; 5-
1
$1
5-
1
4-15
50c
5-
1
4-15
$1*4
7-
1
6-15
$ 1 *'4
Service, class A
Dry Goods,
$1.3174
$1,75
pfd.
(quar.)
Island Public
$2 preferred
4-10
•
10-
1
9-15
2nd
preferred
preferred
tquar.)
$l*/4
7-
1
6-15
2nd
(quar.)
$l*/4
10-
1
9-15
Richmond
Insurance
Co.
15c
5-
1
4-20
Rochester
Button
—
25c
4-20
4-10
(quar.)——
377aC
6-
1
5-20
5-
1
4-15
V
4-1-
4-15
;/
7%
7%
$23A
4-15
$174
4-
7-31
; 8-16
^
4
5-
1
4-15
$50c
4-15
3-15
Roos
4-15
3-15
5-
1
4-16
3-25
75c
5-
"•
1
'.'-4-15
'
4-15
4-
7
SKA
convertible
Brothers,
preferred
$6.50
preferred
5th
Saguenay Power Co., 572%
Croix
Lawrence Flour
(quar.)
Paper Co.
4-15
3-31
St.
4-15
3-31
5-1
4-20
5-
4-16
Extra
7%
■
Mills, common
$174
5-
1
1
Louis Bridge,
6%
5-15
5-
1
$1
5-19
2nd
—____.
preferred
Extra
Gold
•—„___—___•
5 %
preferred
4-20
3-31
Sanborn
3-31
Sehenley Distillers
Map Co.
——
5-1
4-14
$1
4-15
4-
4-15
3-22
+35c
5-1
3-31
3-31
5-
1
5-
1
$7 5c
4-15
3-22
7-
1
6-15
12-23
12-15
$3
1
6-15
12-23
12-15'
4-15
4-
1
4-15
4-
1
4-15
3-31
4-15
3-31
—
20c
7-
25c
(reduced)
3-31
$7c
j._„_——_
(quar.)
5
125c
13c
—;
tquar.)
"4-20
60c
2
$l*/8
$17a
,
(s-a)__
San Diego Gas & Electric, com.
6
4-
$1 Va
:
(s-a)
Mines
6
4-
4-15
$3
(s-a)
1st
Antonio
4-
4-15
150c
preferred (s-a)______
2nd preferred
(s-a)—
/._/_■_
San
//:;!•
4-30
1st preferred
3%
2
11-
4-15
$1*4
(accum.)_
3'/
1
8-
11-15
50c,
6%
—
s_.
(quar.)—
6% pfd.
Lawrence Paper Mills,
4-15
(quar.)
__—__•__
preferred
St.
St.
/>•;/■
preferred
50c
25c
(reduced)-/
common
Avenue
St.
7
$1*4
Typewriter Co..
7% preferred (quar.)
Russek's
$l3/«
(quar.)
1
$12c
$1 Va
(quar.)___
(quar.)
(quar.)——————
St. Lawrence Corp, 4% pfd. A conv. (accum.)
5-
SI
;
(quar.)//
4-15
$1.18*4
_
Y.
N.
common
Royal
133/4C
(quar.)___
Co..
__—
of
•
$172
4-15
(quar.)
5-
15C
20c
(quar.)___
Republic Natural Gas (s-a)
Copper & Brass 5'A%
Rice-Stix
'//:■ $174
B
Revere
4-16
$1.50
30C
■
3-31
35C
//;•
preferred (quar.)
Manufacturing Co. (111.) commonRepublic Investors Fund, 6% pfd, A (quar.)
Reliance
4-15
1
5-
20c
25c
_____
55C
___—_—__„_—_
:•/
1
4-23
4-15
4-10
5-
1
4-20*
5-
1
5-
$1
Public
;
iquar.)
Service—
4-
6-10
5-25
25c
:///
4-15
25c
^ /_/ /
5-
1
4-15
5-1
4-15
4-14
3-31
Security
4-14
3-31
Shamrock Oil & Gas, 6%
37VaC
:
1
$i*8
...
$l»v,
:•
•
4-14
$13,4
common
•
Paper Co.,
$4 Va
15c
7
$4
preferred
preferred
(quar.)
(quar.)______
«*:
$2
convertible
preferred
Surety Co._
Storage
6% convertible
3-31
3-27
Shawinigan Water
3-31
3-31
Sheep Creek Gold Mines (quar.)—
Sherwin-Williams Co. of Canada—
—
,
Common
& Power
(interim)
4-20
3-31
Silbak
4-20
3-31
Simpson's Ltd., 6'/2%
Premier
Skenandoa
(Minn.)—
;
'
4-15
$174
3-31
1
Smith
4-15
5-
•50c
6%
(Howard)
4-15
3-25
South
5-
1
4-15
Southern
50c
r
5-
1
4-15
25c
-
•
Trust Associates—
_
;
4-10
Southern
$S1
4-15
3-31
\
$25c
.
4-
5-15
4-15
Southern
5-15
4-15
$$l*4:
.
v
Preferred A
(quar.)
64
Gas,
5-25
4-19
$4C
4-15
3-31
5-
1
5
4-15
4-26
3-26
$$1*8
5-
1
3-31
5-
1
4-10
$ $ 17a
4-15
3-31
$1 Vo
4-15
4-
4-15
3-20
Water,
preferred tquar.)
•
1
34 %c
4-15
3-20
(quar.)_
37 VaC
5-15
4-20
(quar.)__
37 Vbc
4-15
3-31
37 72 c
4-15
3-31
(quar.)
6%
Ltd.
pfd.
(quar.)
California
6-22
Edison—
preferred
California
1
Mills—
572% preferred series C
4-15
5-1
6-22
7-
•
25c
(accum.)—_
common
Southern California Edison Co.
25c
1
California
original
50c
(quar.)
Oliver United
Filters, class A (quar.)_
Ontario Silknit.:.7#-preferred (accum.)
Ontario Steel Products,.common .(quar.)—
7preferred (quar.)
5%
•
Paper
4-
1
14c
Ltd
preferred
Corp.,
3-31
7-
$15c
preferred (quar.)__c——
:—
Pittsburgh Water, 4 lb % pfd. (quar.)*.
$ 17a
-(quar.)
.//—_:
Rayon
_—
—
——
Mines,
$ 1 Va
$1.3174
(accum.)/:
Co.
4-15
4-10
$22c
(quar.):
4-15
4-26
50c
30c
(s-ai
preferred (s-a)
4-26
5-24
$3
_______
preferred
5-24
5-30
50C
50c
tquar.)—
J12C
<
4-20"
5-30
$1
(quar.)
(irregular)
Co.
$1
$1 78
_____—_—
Seaboard Finance Corp., $2 preferred
$$172
common
Power
Shares
Scott
Seaboard
(quar.)/_
(quar'.)/
series. Trust
50c
_—
$13A
(quar.)
_
Engineering
Match Co. (irregular)-,
Okonite
4-15
4-22
9-16
Northwest
Ohio
30c
50C
12-16
30c
(quar.)
Telephone,
>
9
9-28
(quar.;_
Ltd.
$5 preferred -(quar;.)
•
$1.31.V4
common
preferred
4-
40c
(quar.)
partic. pfd.
Mining.._„__
E.)
Pressed
4-14
56 V4C
preferred
Northern. States Power
6-19
10- 1
-
1
12-28
Light (quar.)
(Del,)
preferred1.(accum.)
6'w
_
5-
'
Ontario'Power
preferred
9
$172
(qu.ar.J."//-/_______;_____Z_i/
Northern.States
v
3-31
7-1
4-26
50C
i__
prior pfd.
Ghio
4-17
4-13
3-31
4-10
5-
25c
;
preferred..(quar. )._•_/
67>
11-20-
Electric Corp.—
6 4
Forbes,
.Vo
*
:i
4-15
25c
25c
(accum.)•_•
Northern
3-31
•
3-31
(quar.)___.
Northern
3-31
common——_
Corp
—:
preferred (quar.
&
.
8-20"
^
9-1
12-1
12-1
.*•
(quar.)
—$L62V2(quar.)_—_—————
$1.62V2
Gas
8-20
4-
10c
non-cum.
4-20
Railway Co.—
Gas Co.. $7
"... 6'/ preferred
/
1
$17a
Corp. of Canada 6%
(G.
Corp.—
(accum.)__________________
Sib.#-preferred
5-20
-
Power
Gold
8-16
$1.5ft convertible
5-20
5-
$1.10
Portland Gas Light, $6 preferred 1
accum,)-/
Powell Rouyn Gold Mines (interim)__——
Investment
preferred
1.
30c
Insurance
preferred
Cordage
Employees • stock
Prentice
$1
class
1,
4-
15c
Premier
(quar.)______
North River Insurance
(quar.)
Northern 111 inois Cor p..-common
3-24/
9-1
5
50c
5Vb rM .preferred
3-24,"
($25 par)__—3IV4C
($100 par)
—$1V4
(quar.)
American
4-10
1
(quar.)_
common
common
Plymouth
15C
Corp.,
Western
North Penn
1-
4-15
,
Co.,
convertible
5-15
6-
(quar)
adj.-preferred
North
11-24
a
4-
Tool
6%
i
3-31
(quar.)
Norfolk. &
11-24
5-
A
A
4-
5-
/
Preston
(quar,)/_
preferred
preferred
Hundred
Class
Class
:,V
8-25
:
25c
(Ky.)
(quar.).
Lvon Metal Products,
64
&
1
25c
preferred (quar.)
Mac4ndrews &
4-1.5
4-
4-26
$1 Va
preferred; (quar.)——
3
.
Telephone Co.
convertible
Co.,
National
4-20
New York Merchandise Co
$5
/
Pittsburgh Screw & Bolt
6%
lc
Newberry (J. J.) Realty, 6'/ pfd, B iquar.)
Newport News Shipbuilding & Dry Dock—
3-31
5-25
Brunswick
3-22
4-20
10c
•
—
4-15
4-15
-
•
Co;' (irregtlarl
Gas
tquar.)
1
$1
$174
(quar.)—
-
5
$1'4
——
4-15
—i___-
Northern. Indiana
,
11-25
••
Co
■
,$1V4
25c
Elec.
preferred
preferred
•
National
New
6
Cement—
iquar,)____—i.
12-1
_•
'
5Vbpreferred
Bedford
5-
1 r
50c
preferred' (quar.)_/
-_/-//
7%
preferred
(accum.)
Pittsburgh Coal, 6% partic. pfd. (accum.)
Pittsburgh Nat'l Bank (Pa.) (quar.)
8-26
Naumkeag Steam Cot.ton_—
v
"■•■■■
5r4
Lunkenheimer Co.. 6Va 4
6'4 4
5-
4Vb Vo
$$1.00
Neisner Brothers,
(quar.)——
(quar.)———
1
$3
Naugatuck^ Water
common
Electric
377aC
& Stores Corp.—
non-cumulative class A <s-a)—
Tool
5-1
Extra
9-
—_
•___
(quar.)
67> pfd., class B iquar.)
National Tea,
•
4-
1
/
(s-a)
preferred
Plomb
./■
$1
•National Paper & Type", 5preferred (s-a) Z
National Power & Light. $6 pfd. (quar.)
/■■
National. Sted Car Corp. (quar.)___i__._^_'
.
4-15
'
1
5-26
(quar.)//__.:/_//_/—Z__v
7-26
pfd. (quar.)_-___;__
$1V4
U—$10.89
&
Gas
4-24
,
'
10-
1
""
3-31
4-15
5- 1
4-15
6-10
9-10
12-10
6-10
9-10
12-10
6- 1
Fund_____-_:
2nd preferred (quar.)—
1-3-44
(s-a)//Lii///'-_/l_l-/__-_L-_/_/_
1
4 '/a (4 pfd. (quar.)—
; $1 Va
preferred (accum.Sl'.'a
Co., special gtd. (quar.)^_
50c
84
1-3-44
A 7-1
;//
4-20
(quar.i____i—25c
Loomis Sayles Second
10-1
iquar.)
•
5
5
6-
Phillips-Jones,
6-
;'•••;•' • Extra
2
6-
Fund
$17a
$17a
Semi-annually
;
4-14
6-21
—
Lord & Taylor.
3 V. /
50c
Mutual
3-25
15c
,_i./_/_.
4-
____—
participating preferred (quar.)—_—
Participating
:
54 participating preferred (quar.)——__
Participating
Loomis Sayles
4-15
iquar/.——_.
Products-—
4-15
$1.30
54
•
3-31
25C
Fundinlg Corp.; class A
B
$2.50
6-15
preferred
4-30
$1 7a
Welding Machine
6-14
—
Portland
3-15
l
National Metropolitan Bank (Wash., D. C.)—
10-25
participating
Participating
4-15
$48c
•ihf- $5 Vaprior-preferred *(s-a)
3
7-1
54
:.,
-
8-
11-
2-5-44
$ 1.277a
6%
(quar.)
5
1
(
Extra
; V' NRtlqpal'Manufactures
3
11- 1
6-1
int.
4-12
$37c
(initial quar.)
com.
7-1
8-
Lumber—
bene.
V:
B
Class
4-15
1
Class
National
4-15
5-
—
•"
12-
50c
guaranteed
guaranteed
1
/__ __/":'
National Lead,
3>
5--1
50c
50c
Original capital
(quar.,—
$1.10
Original capital
(quar.)—$1.10
Original capital
(quar.)_
$1.10
Loblaw Groceterias,
Inc.
(quar.)
——25c
Special
5-
$17a
preferred class' A vtc. is-a)___
National Fuel
3-31
4-24
30c
(quar.)
5-10
(quar.)
Products
_____/
Food
5-
5-
com.
(initial)Participating preferred (irregular)_______
/ Participating preferred (irregular)
Philip Morris & Co.t Ltd., common (quar.)_
5-10
5-10
Vv:/V $1 /
'
Corp.
50c
iquar.)
Carbonic Corp.,
Lit Brothers,
%
•'
3-31
3-31
30c
Co.,
Little
••
"i:
4-13
•
37V2C
(quar.)
Refining
5'«V
4
4-
(quai\)_
common
1
6-1
•
;
Quarterly-—
4-15
•
4-15
25c
——' 30c
Co.
preferred
6!/aM
Quarteriy
National
4' :
$1%
Quarterly
Link
6-
6-1
S2
(quar.)
preference
Dept. Stores
8-15
i
12-15
10c
$1 Va
(Ind.)
$2.25
50c
convertible
5-15
$17z
-Register
National
6-5
Philadelphia
•
$2.25
.:
Z
9-15
$$1.50
Philadelphia Transportation,
8
Co., common (irregular)
Lines, Class A iquar.)
____/
5
———————
:
4-
5-
5-
v
5- 1
4-15
5- 1
Insurance
Life
Quarterly
4-15
Casket
•National
'V
;" VV
iquar.)__
pfd.
5C
4-15
Cash
1-1-44
35c
_____
1
6-15
1
11-15
(quar.)__.
/-;/ :>/ 35c
35c 2-•15-44
(quar.)__—___
5-15
'175c
(quar.)_____________
Co.
preferred
4.44
1
15c
National
National City
$3
4-15
.-V4Vbv/«
preferred (quar.)
Lexington Telephone Co., 5.2(4
4-
50c
Distillers
50c
(quar.)——
common
4-15
•
■
i__/__
8-16
(quar.)—$1
Corp.,
$1*4/
/:
Share
&
National
^
64
•
3-22
common.....
Co.:-
Bond
National
5- 1
——4
Biscuit -Co.,
National
1
6-15
(irregular35c
preferred (quar.)—
75c
6'4
4-15
Fund.
National Battery
•
4-17
,-
12-15
(quar.V__^_—_
—
National
:
•
(quar.)
Philadelphia Co..
1
_/_^
preferred
9
$1*4
(quar.)
■
5
America—
_•
6
7-
10-1 •'■'"•:
A
________
Pepsi-Cola
4-15"
1.
—
6
4-
50c
(quar.)
5
5-
________
3-31
4-
Investment
0convertible
4-15
>
„
_
6
4-
4-15
A.
Pennsylvania Power Co., $5 pfd. (quar.)—/
Peoples Gas Light & Coke, tquar.)
6-20
Telegraph—
__
4-
4-15
35c
'
preferred Clasfe A. (quav.)
627aC
&
class
class
common
>5-
3-31
■
Narragansett Electric, 4Vb(» pfd. (quar.
National Auto Fibres 6'> conv. pfd. iquar.)
6'o' convertible • preferred
(quar.)
4-
$ J .75
(quar,)-—
3r31
8
4-15
(quar.)
.
11-15
25c
$l*i /
$1*4
,
6
4-20
1
5- 4
...
________
;
1
5-
50c
$2c
Co.
Mutual
4-30
1
,
Electric
of
preferred
_
&
Co.
preferred, (qua r.)
preferred - (quar.)
(quar.)
—
4-15
7-
4-15
50c
_____
(quar.)
5-15
4-15
Muskegon Motor Specialties, $2 class A iquar.)
y
A
/•V5.10#
5-1
■
(quar.)
(initial)
of America.
6'/
6c
Gas
1
4-30
(quar.)—•___/__/_/—4
Lawrence
Murray Corp.
6'!o
—
preferred
1
SI 7a
4-10
15c
(quar.)—_
convertible
9-
2V4C
(quar.)
common
common
9-15
preferred (quar.)_—
—75c
4-15 :
Langleys, Ltd..'7'4 conv, preferred -(accum.)
t50c - f O-ll'
T'e convertible preferred (accum.f50c
9-11
7Vti convertible preferred (accum.)—
t50c " 12-11
$1
5
4-10
quarterly
4-20
Class B
.
9-
4-14
15c
_
"preferredWquai/)
1
10-
6(4
:
1st
4-28
(s-a)————•—
'
Reduced
class
cumulative
cumulative
Ltd.,
4-30
Pennsylvania Electric Co.—•
4-
'
Munising Paper,
f
cumulative
preferred
5-9 7
15c
(quar.)
Mining & Development Co.—-
/;; 5- 1
$17+
,
________—
Plant-Choate Mfg.—
Oil
10c
(interim)—
preferred
4-
Diablo
A
6'/
4-
5-10
10c
//
class
Penmans
',50c
Quarterly-
Mutual Chemical
iquar.
.Langentlorf United Bakeries, class A
La
1
3-31.
4-15
30c
______
4-30
$1
67c
50c
$1.40
1
6-
30c
5'<
preferred iquar.)
Mountain,. States Telephone
4-23
4-10
v
4-15
5-25
15c
$1.0614
;
(quar.)
Bryant. Inc.. 7'4
1
•9-
5
4-20
shares)*■ (interimt
Mountain States Power,
11-10
1
Mt.
/•
20c
:
preferred
7*4
1
5-
Amer.
15c
preferred
Lane
12-
$5c
(quar.)—___
J
(quar.)
preferred
7
.•<•
8-10
——
(quar.)
Common
7'V
5-10
7/ $1*4••//
(Irregular)—7',be
(quar.)_
25c
.1;/
25c
Co.
common
Common
■
.
3-31
1
6-
20c
Co.
Kroger Grocery & Baking—
7% 2nd preferred (quar.)
(
4-20
9-1
10c
________
(quar.)——
Ltd.
1
6-
5
6-
Mortgage Bank of Columbia—
'.
(interim)-
_—
Mining
5
9-
4-15
—
3-31
(resumed
Inc.
6-
$1 '/a
tquar.)
—
3-31
10c
(quar.)
common
$1.40
15c
Quarterly
•(
Telephone,
cumulative
•
$1
Quarterly
Society
4-20
30c
30c
,*
preferred
Industrial
4-20
75c
Furnace
$
Plan
3-30
—_______
$1.40
3-15
$1.10
^—.2
81 V*c
•
i////*-.//25c,
(G.)
3-31
Morris
4-15
6-19
■
(quar.)________
877aC
_
6%
Lake Gold
;
3-15
S3
1 quar.
common
—
/
(quar.)—
preferred
preferred
(Wm/R.). Dry Goods,
Quarterly
3-15
4-15-
10c
•
Keystone National Bank iPittsburghi
Landis
4-15
$75c
________
_
Ltd.
Co./ $6
3-30
3-30
(reduced)
(quar.)
4-19
$3
...:)Quarterly
Keystone Custodian Funds series-B-2-—,
Krtieger
5-
$1
*1
Kentucky Utilities, 6% preferred (quar.),—
Kirklaud
Common
1'"/:
4-10
•
30c
Montreal Light Heat & Power (quar,)___
Montreal Telegraph Co. :(quar.)
$2.95
Kinncr Motors.
1
$17a
1
Kellogg Switchboard & Supply, common.—_
'Special
1
5-
50c
5-
,
Mines.
6-
25c
Society,
Power
6-30
4-15
(quar.)
25c
pfd. (quar.)
877ac
C
Stove
Gold
vCommon
> •/ 5-
-
:•
$2c
Montana
$1%
>•
Department Stores
Kerr-Addison
Peninsular
4-20
25c
1
—//
//
(liquidating)—
(quar.i_c___.____.
convertible
"3-31
1
;.4-i9
(s-a)
4-
25c
series
common.
5-
$1V2
(quar.)/
i
common—___
Ltd.-—
preferred iquar.)
4-15
5'
4-15
iquar.)
'$1.40
5-
Semi-annual
,
3-26
Co.——
&
pfd.
< quar.)
class A iquar.)____
Monsanto Chemical Co., $4.50 pfd. A (s-a)_
$4.50 preferred B (s-a)
_____
$4 preferred C is-al—
4-15
6-19
(quar.)
1st
A
$55V2C
$1%:'
prior pfd. (quar.)
Kaufmann
$1.25
1
Davis
6#
preferred
$174
8*Ac
Kalamazoo
/
5-
4-15
25c
$1 Vt
preferred
4'4
Pictures,
Philadelphia
Monongahela Valley Water, 7'/«
Loan
Cos.,
preferred B
Mines'-vtquar.)
-
6-30
$172
convertible
(quar.)___/________
3-20
Moneta- Porcupine
-
5-24
Payne Furnace & Supply Co. common___—.
Corpr—
3-15
30c
&
Steel
participating
4-15
___/__
47*%
Pressed
Class A
4-15
___
Mines,
Inc.
4-30
•3-15/
preferred <quar.)_
Kalamazoo Allegan & Grand Rapids RR. Co.—
Kennedy's,
1
5-31
4-22
50c
(quar.)____—
convertible
Supply (irregular )______
8'.*,>■ preferred (accum.)-///:
4-15
-
common
Joplin Water Works,
5'V
6-
B
60c
&
Sons,
4-
$3 7a
60c
m 7a
Mississippi Power & Light, $6- 1st pfd. (quar.)
Mohawk.Rubber—
i/L
4-10
4-20
Piping
(I.)
4-15
$1.40
1
—
$377ac
(quar.)
—
Engine
Co..
Miller
—•
'120c
common..
Jacobs
Midwest
,
:»
(quar.i
Ironer,
4-10
3-31
50c
,
(quar.)-
(accum.)
Common
1
4-15
90c
__________
(quar.)
Ironrite
5-
30c
•_
corn,
Bank
1
1
->
(Chicago)
(accum.)
Mfg..
Common
1
30c
National Bank
3-31
25c
Pipe Line common-
9-
(quar.)——_•
Messenger Corp.
4-15
'
iquar.)—
12-
75c
National
Stores,
Inc.,
preferred
4-29
$3 7a
/
________
%c
Calif.—
of
Merchants
Iowa Electric Light & Power Co.—.
;
7% preferred A (accum.i
5',2';
6%
12-20
6-
3-31
$1
(quar.)
433/c
b'/o- preferred (quar.)
5% preferred .(quar.)/_____i___/__
6%. preferred (quar.)'__l_____/^__„____
v
/
3-31*
4-15
Panhandle Producing k Refining Co._:
50c
Corp.
Merchants
preferred
Parke
(quar.)
3-31
Equipment
convertible
Co.
4-22*
(initial)
Foundation,
&
Acceptance
5-15
(quar.)—
Home
4-15
(quar.)
5-1
$3Va
Department
preferred
6%
12-30
preferred
$$2
common
tquar.)
Investment
9-20-
Johnson
Mercantile
(Canada) —
preferred
Interstate
6-21
9-30
5-' 17/
Extra '
:'5-lL;V;
,
Machine Tool Corp.
(quar.)—
Milling Co., 5% pfd. (quar.)—
7%
'
3-31
6-30
$ 13,.'i
Mead
3-31*
Paramount
43
20c
Powders,
7%
Interstate
4-15
$l*,-4
shares--—-t—
International Nickle
International
3-31
$1"4
Harvester,
International
4-15
3-31
4334c
(quar.)__w—
/«
_________
participating preferred
International
6-
+50c
Securities—/;•',,!•,
International
4-15
$l7a
3-31
4-15
Paraffine
Mclntyre'Porcupine Mines (quar.)
•McLellan Stores. <of!o preferred (quar.)
.
2-31"
4-20
'
Telephone—
Bronze
preferred
preferred
4-15
$ 17a
(quar.)___
—
Eastern
17c
35c
50C
(quar.
preferred
62 V2C
preferred (quar.)___________
McColl-Prontenac Oil, d'i> pfd. (quar.)
.
4-10
4-15
1
if
(irregular)
_____________
(quar.
McCrory Stores,-5ri>
$l'/4
.,.
tquar.)
group
.International
v
$13A
Indianapolis Power & Light_
Industrial Brownhoist—
1st
1
(quar.)
(quar.)__________
Imperial Bank of Canada
conv,
5-
6-15
$1
_
7%
preferred (quar.
Illinois Zinc Co. iirregular)_
60c
1
6//
Trust
McClatchy,Newspapers, 1% preferred (quar.)
1
40c
preferred
preferred
75-
(quar.)_
common
Hunt's
$5
7
(quar.)
"
Associated
7"«
4-15,
25c
Hummel-Ross
Indiana
4-15'
1
:/______—
<quar.)Z__—
Fibre, 6% preferred iquar.)__
Ltd., class A (interim)
Class B
(interim)Huttig Sash & Door, 7% preferred (quar,).—
7%. preferred (quar.)
.
3-31
1
5-
& Co.
preferred
partic.
i'4.60',w
1
40c
preferred
common
5-
$174
6V2pfd. (accum.)
Q'/e
preferred series A (s-a)
7# preferred series B (s-a)_
.*
.:
Investors
Tel.,
Mfg.,
Panhandle
•
(Marshall)
McCall Corp.
4-25
$50c
'
________
Corp.,
'M
8
5-
lc
__
b'/c
25c
<quar.)_____
_________
(quar.)
4-
Field
See
$1%
(quar.)
common
preferred iquar.
1
(quar.)__.
Marshall Field & Co.—
SI Va
;
«"7#
Massachusetts Utilities Associates—
Wiggins Industries, Inc.. 6% conv. pfd. (quar.)
Bollinger Consolidated Gold Mines (monthly)
4-15
Jl77aC
(quar.)//
(reduced, quar.)
3-30
$17720
Calculating Machine Co.
Tel.
of Rec.
(quar.)
Electric iquar.)
3-31
4-
4-15
Holdert
Payable
Lighting Corp., $5 preferred (quar.)_
5
4-15
4-15
50c
5-1
6%
preferred
Pacific
&
lie
(quar.)
5-15
Co.
2nd
G'«
Gas
v
.
$1*b
America. 6 V2 %• pfd.
Powder
Co.,
Pacific
50c
(quar.)__^_____
(quar.-
$172
Hercules
•
8-
$1 Va
Fund
convertible, preferred
4-15
1
8-14
3c
4-20
$1?/
68?,ic
,
$172
When
share
Name of Company
5
$172
class
Per
of Rec.
5-
(quar.)
C.)
Manhattan
$1.50
___________
(quar.)
1327
Holders
rayable
5-15
preferred- (quar.)
Mahon
When
share
preferred
Co.,
Brewing Co.
Corp.
;
•
3-31
4-15
$$172
$4
Refractories
Per
of Rec.
Magnin
—
Brothers Co., $2.40 conv,
Harbison-Walker
When
Payable
>•
—
______
vs
Holder*
Per
share
..
....
,
Name of Company
Guarantee Co. of North America (Montreal)
& FINANCIAL CHRONICLE
—
5'/
pfd.
iquar.)1
j 3l,4c
; 37 VaC
6-
1
5-15
6-
1
5-15
■
THE COMMERCIAL & FINANCIAL CHRONICLE
1328
Per
Name of
Canada Power,
Southern
6%
preferred
partic.
(quar,)
common
(quar.)
When
tliare
Company
Holderi
Payable
t20c
t$iy2
$1.75
——
4-10
5-
3-19
4-15
preferred
(quar.):.—-j.———
3-26
(Dallas)
Standard
3-31
5-15
•Transfer
tOn
Insurance of
Co. of
J.
N.
Quarterly
Stearns
Mfg.
4-
'.4-.5
6-15
6-
4-23
4-16
4-15
Electric Securities
Suburban
2nd
$4
Transacted
preferred
6-
6-15
5
5-15
4-30
4-15
3-31
4-15
^;.;4-;r5;v
Sun Oil Co., 4»/a%
Sun
9-30
Transacted
8
4-
t75c
t31V4c
5-
8
4-
5-
bearer
Common
4-
1
cumulative
1
5-25
Warrants
7
Service
•
45c
J3c
—_
shares—
2
35
5-
1
4-10
1
4-15
1
4-15
$1,900
3-31
4-20
4-
4-15
'
—,——:
■: 4-15
4-
5
4-15
:.//"■
4-15*
1
8-15
5-
1
3-17
20c
tlOc
5c
30c
90c
5-15
4-15
1
..
2-22
1
9-
4-30
6-
4-15
3-31
4-15
4-
5-15
1
4-30
H2V2C
4-15
3-31
J 3c
4-15
Toburn
Gold
Ltd
Mines,
3-31
...
—
5c
25c
25c
-
25c
—
$5
——_—
Union
Electric
$4.50
$5
Union Oil
United
of
Co.
of
&
Fruit
Share,
Co.
1
8-14
9-10
$432
11-15
3-31
5-15
4-30
4-10
3-31
5-
1
4-20
U. S.
Fire Insurance
(quar.)
5-
1
4-20
4-15
3-18
25c
4-15
3-31
50c
(quar.)..———
10c
50c
:
(quar.)..
U. S. Hoffman Machinery Corp.—
5V2% convertible preferred (quar.)—_
U. S. Industrial Alcohol
5-10
4-15
15c
-
(reduced)—
Fidelity & Guarantee (Bait.)
5-
1
4-15
68%c
4-19
5-
1
4-15*
5-
1
4-15*
50c
•
1
25c
'
5-
25c
—
———————————
6-19
5-31*
United States Pipe & Foundry Co.—
Quarterly
—
Quarterly
Quarterly
—
50c
9-20
8-31*
,
50c
12-20
11-30*
30c
4-19
4-
25c
6-28
6-14
$2
6-25
6-11
75c
4-15
4-
1
87V2c
.
4-15
4-
1
40c
—
—
U. S. Plywood Corp. (quar.)„
U. S. Rubber Co., common (resumed)
8%
1st preferred
non-cum.
—
"
——
U. S. Smelting, Refining & Mining Co.—
Common (reduced)
...
—
7%
!
preferred (quar.)
United States Sugar Corp.—
«.4%
participating
$5
preferred
$5
conv.
preferred
pfd. A (quar.)_—
Leaf
pfd.
(quar.)
common
—
2
7-15
7-
2
4-15
4-
1
5-
1
4-16
5-15
5-12
$5
75c
——
7-
1
6-26
75c
—
10-
1
9-27
1-1-44
12-2.7
75c
62V2c
62J/ac
_
5% prior preferred
4-
$1
Upper Michigan Power & Light, common-...
6% preferred (quar.)
_—
6% preferred
(quar.)
6% preferred (quar.) —:
Utica Knitting Co., 5 Vi prior pfd: (quar.)
5% prior preferred (quar.)
(quar.)
Van Camp Milk Co., $4
5-25
4-15
17y2c
(quar.)
conv.
6-10
$i»/4
'
—
Tobacco,
62'/2c
preferred
<quar.)„_
$1
Vapor Car Heating, 7% pfd. (quar.)_
$1.75
7%
preferred (quar.)
:
$1.75
7% preferred
(quar.)
$1.75
Virginian Railway, 6% preferred (quar.)
37y2c
6%
preferred (quar.)
> 37'/ac
Vulcan Detinning Co., 7% pfd. (quar.)..
$1%
Wabash Railroad Co., com. (initial)———
$1
4'/2% preferred
——
$4.50
——
•
—
—
Warren
RR.
(s-a)
$1%
—^——-
Washington (D. C.) Gas Light, com. (quar.)
$4ya preferred (quar.)—,
$5 preferred
(quar.)
Washington Railway & Electric Co.—5%
preferred (quar.)—
5 4f
preferred (s-aJ——
———
Welch Grape Juice, 7% pfd. (quar.)..—..
7% preferred (quar.)
West Penn Electric, 6% pfd. (quar.).
7% preferred (quar.)—...———
West Penn Power, 4V2.% preferred (quar.)..
Western Grocers, Ltd., common (quar.)
:
...
Union
Weston
(George) Ltd., 5%
Westvaco
$4Va
Ltd.
Chlorine
preferred
Wilson
Winstead
1
4-17
5-
1
8-
2
7-17
4-20
4-10
4-23
4-
5-
preferred
(quar.)
5-10
6-
1
5-15
6-
1
5-15
5-29
5-14
8-31
5-16
4-15
4-15
4-15
4-
4-15
3-19
5-
1
4-15
t$l'/4
5-
1
4-
$iy8
5-
1
4-10
4-12
5-1
$1
5-1
Wisconsin Gas & Electric, 4'/2
8-
1
7-15
$1
8-
1
7t15
$iya
$i
Power, 6% pfd.
(quar.)——„!
11-
1
10+15
11-
1
Wrigley
•
.
(Wm.)
Jr.
$1V2
4-30
6%
I^d..
preferred
Cos.;
—
2
—
scrip;
U.
Country Club____-_.;____,;_»:
Rys;,
Adj.
Inc.,
C-D
1919 and
with;
1920;
$iya
4-15
3-31
5- 1
1
5-20
"25c
6- 1
50c
5-
1
4-20
t20c
5-
1
5-
1
14-15
(quar.).;——.
(quar.)—
4,980
4,980
—
27
+
+
28
+
1,843
+
95
+
4,150
1,953
+
18
—
+
7
—
—
73
31,848
;
7,651
+
331
+
+
+
751+
U.
S.
408
•
—205
9,194
—„
5
102
12,550
+112
+76
—_
;
and
+
10
—551
' r''
:
—
demand deposit
—
—280
5,451
2,294
——
9
+
'
'
———
727
—
23
2,488
731
482
—248
500
+
banks
Foreign banks
96
+
accounts except
Gov't
accounts,
during, week
1
—
Chicago
Statement of Condition of tlie 12 Federal
.
condition
banks
in
Reserve Banks Combined
(In
thousands
of
statement
of
Gold
"
v
,
certificates
4-7-1943
•
•
hand
on
Treasury.—;
Fe'.;,opoon tund-^-F. R. notes
Other
20,337,416
reporting
101
leading
cities
shows
4-8-1942
;
33,996
136,495
40,708
1,282
+
26,690
361,702
9,568
+
33,794
20,739,826
cash
Total
3-31-1943
and
due from U. S.
44,846
—
76,011
-w———
reserves
Bills uiscounted:
Secured by U. S. Gov't obli¬
gations. direct & guarant'd
Other
obligation-—J 50-'/2%
weekly
dollars)
Increase or Decrease Since
Assets— ~'
bills
Total
U.
S.
12,280
discounted——.
1,000
bills discounted
Govt,
and
+
1,501
—
6,874
442
13,280
direct
•
559
+
6,432
12,947
securities,
guaranteed;
2,060
+
—
289
+
3,311
•
:
Bonds
2,051,967
—
43,600
+
501,231
+,
Notes
the
980,675
+
6,100
+
288,175
Certificates
mem¬
983,375
+
133,700
+
983,375
2,533,004
+
446,491
+2,533,004
6,549,021
+ 629,891
+ 4,305,785
6,575,248
+ 630,739
+4,315,528
Bills
Total
—
U.
S.
—
Govt,
securities,
direct and guaranteed
Total bills and securities....
Due
from
F. R.
foreign banks
47
notes of other banks—.
Uncollected items
Bank
premises
Other
51,676
1,351,059
;—
—
356,600
1,604
.
—
v 32,157
76,768
+
2,145*
+
487,026*
+ 4,652,539
12,839,092
+
80,596
+4,164,775
13,110,156
+
350,856
394,710
+
158,414
+
\
Member bank—reserve acct..
TT. 8.
Treasurer—gen. accts..
213,257
Foreign '—876,420
-i.
Other
298,964
v.V:';v
Total deposits
153,770
+
11,879
328,796
+
518,174
1
28,422,619
4 486,235
—.
146,906
+
5
+
556
242,463
+
208,091
+
—113,091
—
Total liabilities
22,779
2,975
—
1,078,592
6,138
availability items.^...
liabs., incl. accrd. divs..
Capital
!>'■■■.
14,498,797
——
Deferred
Capital
+
26
;
Deposits:
/
25,869
+
87,519
—
—
assets
Liabilities—
Ocner
—
13,467
28,833,655
—
F. R. notes in act. circulation.
in New York City and $95,000,000
at all reporting member banks.
Demand deposits-adjusted declined $645,000,000 in the
Chicago District and $280,000,000 at all reporting mem¬
ber banks, and increased $313,000,000 in New York City.
U. S. Government deposits declined in nearly all. dis¬
—
39,031
...
assets
Total
increased $43,000,000
1,821
+4,617,150
.
Accounts—
+
3,517
Surplus
(Section
160,411
+
Surplus
tricts, the principal decrease being $313,000,000 in New
York City; the total decrease at all reporting member
banks was $551,000,000.
:
Deposits credited to domestic banks declined $185,-
(Section
26,829
+
2,909
''Z':,+ :' 48
paid
in—;
7)—
13b)
Other capital accounts..—.
28,833,655
"796*
76,890
Total liabilities & cap. accts.
Ratio of total res. to
000,000 in New York City and $205,000,000 at all report¬
ing member banks, and increased $92,000,000 in the
to
trial advances
•March
31
+
28,915
+.
487,026*
4,652,539
+
deposit &
75.9%
F. R. note liabilities combined
Chicago District.
A summary of the principal ^ssets and liabilities of
make
13,322
.......
...
—
1.8%
14.9%
—
indus¬
+
179
150
—
figures revised,
Foreign Exchange Rates
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the
Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
We give below a record for. the week just passed:
world.
EXCHANGE
FOREIGN
RATES
CERTIFIED
BY
2
TO
-
APRIL 8,
1943, INCLUSIVE
Value in United States Money
Apr.
.
+
—
.237044*
.237044*
-
.
3.228000
$
.297733*
.237044*
3.228000
Apr.
6-
4-15
Apr.
6
7
Apr.
8
$
$
.297733*
.297733*
.297733*
.237044*
.237044*
.237044*
3.228000
3.228000
.060586*
.051275*
.*—+—
-
.060586*
.060586*
3.228000
.060586*
.051275*
.051275*
.051275*
.051275*
.909090
.060586*
Free..
—
Apr. 5
.
Official——..—————~
Canada, dollay+-+
.909090
.909090
.909090
.060586*
.051275*
:•
;
Official
■
.297733*
3.228000
:
3
$
'
.297733*
Free——
Australia, pound——
Brazil, cruzeiro—
Apr.
2
$
v
—
" '
'
Buying Rate for Cable Transfers In New York:
Noon
Country and Monetary Unit
Areentina, peso—
Official...
•/
1930
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
FEDERAL
APRIL
—■—
Free——.—.
Colombia, peso—..
+-—
England, pound sterling-^———————
India (British), rupee.—
—...
.909090
.902321
.901250
.572800*
.572800*
4.035000
4.035000
.902421
.572800*
.909090
.901953
.901875
.572800*
4.035000
,572800*
4.035000
.901875
1
,572800*
4.035000
4.035000
.301215
.301215
.301215
.301215
.301215
.301215
.205725
.205725
.205725
.205725
.205725
.909090
.909090
.909090
.909090
.909090
.205725
dollar—
Official...
.900000
3.244203
3.244203
3.244203
Union
3.980000
3.980000
3.980000
3.980000
—;—--———-—
pound...—j..——..——
of South Africa, pound.—
.899791
.898750
.
.899583
.899375
3.244203
Free
4-15
437yac
^
common
3,075
$75 Chicago scrip
&
5-20
—
+
J
Borrowings
$42,000
Newfoundland,
—
^
25
—697
:
deposits-adjusted
deposits
■interbank
83
511
4,197
S. Government
Debits to
$iy2 lot
$152
vault—
Domestic
63
13,821
deposits.
Interbank deposits: ' "
Herb Remedy
Snow
6
1,367
'
3,755
S. bonds—
Time
5-10
National
$47.75
'
...
preferred
+
New Zealand,
pfd. (quar.)—
Bi-monthly
Ze'^r's.
—
4
54
*
Demand
/
$25 lot
000,000 in the Chicago District and $27,000,000 at all
reporting member banks, and increased $35,000,000 in
New York City.
Holdings of U. S. Government bonds
4-15
(1897)
(accum.).$$l3/4
(monthly).
25c
Extra
Service
10-15
Wood, Alexander & Jamesrpreferred
National
South
1
banks.
Holdings of Treasury bills declined $379,000,000 in
the Chicago District, $276,000,000 in New York City and
$697,000,000 at all reporting member banks.
Holdings
of Treasury certificates of indebtedness declined $42,-
4-15
$iya
—
7
+
—1,162
9,224
reporting member
4-15
—
—
209
+
principal changes for the week ended March 31:
4-1
1
—
——
Liabilities—
following
De¬
creases
of $697,000,000 in holdings of Treasury bills,
$248,000,000 in reserve balances with Federal Reserve
Banks, $280,000,000 in demand deposits-adjusted, $551,000,000 in U. S. Government deposits and $205,000,000
in deposits credited to domestic banks. /.■//:;■:/■;'///::■■// "/■
Commercial, industrial and agricultural loans declined
$34,000,000 in New York City and $59,000,000 at all
ber
5
4-
preferred
1st
The
8
1
(quar.)
2
Balances with domestic banks.
preferred;
$5.50
2
4-15
Electric
+
loans
Cash In
3-20
5-
Extra'
-1-—344
-
4
3-20
4-16
Common
Electric,
Lowell Gas Light Co., serial non interest
3-20
4-15
t25c
.
29
3-15
4-15
50c
—^
&
common
4-16
20c
...-1
+
3,229
Ac¬
($10 par)
preferred;
4-16
50c
—
w
banks..
to
,
8-15
5-16
$$1%
(quar.)
207
—
carrying
or
—
Member Bank Condition Statement
4-24
t75c
——
Corp.,
2
$iy8
(quar.)
—
217
617
.
purchasing
Reserve with Federal Reserve Banks
$3 lot
•:
20
common;
4-24
$1%
(s-a)—.————.
for
3-31
4-15
$iy2
(irreg.).
1,938
1,308
3-31
4-23
Products—
Extra'
6%
1
$1%
—
—
—
Oangacions guaranteed by U. S. Government
Other securities
$2 lot
4-15
$6
Extra
Wisconsin
1
9-
12-
1
7%
Co..
Common
'■
6-
9-10
12-10
preferred (quar.).—$1%
preferred (accum.)———
$iy2
Hosiery, common (quar.)—
$l>/a
Water,
&
6-10
6-21
$2V2
Whiting Corp.
Wichita
9-21
12-24
1
$1%
Telegraph———
Paper,
1
7-
$l>/4
.
preferred (quar.)
Western Pipe & Steel Co. of Calif,
Westminster
10-
1-3-44
6-21
$l'/4
—
7%
Western
1
t$2
—
:
7-
5-10
37V2c
$1 »/8
...
Extra
9
$1
(quar.)_—
(quar.)
United Stockyards, 70c
Universal
—
37
59
brokers and dealers in securities
Industrial advances
4-30
5-15
—
U.
7-24
$114
—25c
flOc
(quar.)
Ltd
loans
11-10
2
4-15
8-
4-22V
class A (quar.)—
U, S.
•Extra
5-10
$1 Va
—
United
4-20
5-22
———
California
Bond
5
8
5-15
t$l%
20c
:
(quar.)
United Drill & Tool,
Class B
4-
5r
Missouri-—
preferred (quar.)
preferred
4-15
lie
——
Tonopah Mining (Nevada)
(irreg.)—.
Trinity Universal Insurance (Dallas) (quar.)
Quarterly
Quarterly
Troy & Bennington RR. (s-a)
Tuckett TObacco, 7%
preferred (quar.)
Tung-Sol Lamp Works, 80c pref. (irreg.)—
lot
money mtg. gold bonds; $12,000 Chicago,
' v '
Elgin Corp.,- 6s,-1972 coupon No. l and sub
170 Broadway Bldg., 6Vzs,- 1949 coupon
'
\
May, 1933 stamped; $250 University Club, Boston,
2nd mtg. Inc., bond due 1956; $4,750 Michigan Elec.
Ry., 5s, 1948 C-D series A; $2,550 Michigan Elec. Ryi,+ /
5s, 1948 coupon, Jan., 1925 and sub. on; $3,000 Joplin
& Pittsburg Ry., 1st mtg. 20-yr. 5s, March, 1930 C-D;'
•
$31,000 Flatiron Bldg. Corp., 6'/2S, nitg. 1940 coupon
October, 1931; $3,000 Eastern Michigan Toledo RR.,'
gen, mtg. coll, tr. due 1958, coupon January, 1931 &
sub. on; $100 New England Elec. Sees. Co., 5s, Jan.
3, 1932, coupon July 3, 1928 and sub. on; $3,000
'
Chemicals, Inc., 6% deb. 1938, coupon May, 1932
'
& sub.
on;
$20,000 Kansas City, Clay County St.
Joseph Ry. Co., 1st mtg. 5s, 1941, coupon September,
1930 stamped; 4 shares Bridgton & Harrison Ry, Co.,
capital stock ($100 pari; 40 Rudolph, Karstadt, Inc.,
American shares;
100 Purchase Warrant for North
American Gas & Elec. Co., class A stock—;——_____ $211 lot
Boston Athenaeum ($300 par)_
——
220
Aurora
..
$1V4
—
—
—
purchase
2-22
5-
common^.J..-.-..——$7
"A"
Royalites
Coupons due May,
6
75c
—
9,456
5,695
Treasury bills
Treasury certificates of indebtedness——
Treasury notes
;
on
'
Gas
Cos.,
Kernwood
.4-5:/
4-15
•
Philadelphia,
Lofland,
B;
Chicago
Third Canadian General Investment Trust—
Extra
&
Marathon
15
5-
4-15
t3c
—
to
+10,897
—613
industrial, and agricultural
—,—
Loans
-
($50 par);
mon
5-15
25c
—
Corp. (irregular).:
—
Syracuse Transit Corp., common (irregular)
Tacony-Palmyra Bridge—
5% -preferred
(quar.)——
Talon, Inc., 4% preferred (s-a)
Teck-Hughes Gold Mines, Ltd. (interim)-—Tennessee Products Corp. (initial)——
Texas Water, 6% non-cum. pfd. (quar.)—
Thatcher Mfg. Co., $3.60 preferred (quar.)—
tax.
4-l-'42
3-24-'43
41,391
•
Open market paper
Non¬
source.
income
10 Commonwealth Supplies Co., com2 Central Finance Corp., Fla. ($10 par)
$112 lot
Paper Mills, preferred ($100 par)_^___^„,_. 100
Kernwood Country Club
$iy2 lot
4-15
5-
$1V8
20c
37Vic
12V2c
50c
25c
Symington-Gould
Irregular
England
on;
(quar.)
Barnes
West Pennsylvania Pipe Line,
New
8
Co.
Ltd., common——-
Sylvanite Gold Mines,
5-
25c
Super Mold of California (quar.)
.
Superheater Co.
(quar.)——.—————
the
at
British
Less
Mfg. Corp. ($100 par)____
Corp., preferred ($1 pari
Accumulative Royalties Corp.,
5/10
Co.—
Sylvania Electric Products—
4Vi9o convertible preferred
a
Harvill
7
$1
37
7
(quar.)——
Industries (quar.)...:—— —
deductible
.
Pierce
10
12-17
5-
preferred
loans
3-31-*43
■
investments—total—_______
Commercial,
by R. L. Day & Co., Boston, on Wednes¬
■
;
7.
9-16
12-31
Ray Drug Co., common..-:.;..—.—
6%
Sun-Glow
by
Manor Association,
day, April
6-16
6-30
t75c
(accum.) — ———
(increased)———
class A preferred (quar.)
/
.
dividend.
Wednesday, April 7.
40 Pocono
Sl'A
Machinery Co.
Sullivan
-
this
dividends.
3-31
.
——
for
Other
1
—-—
preferred (quar.)
Participating ————
tax.
closed
4-15"
1
(quar.)———
7%
income
accumulated
:
and
1
5-
$j.,/4
$l'/4
5% preferred (quar.)—.
5% preferred (quar.)
of Canada, common
Steel Co.
Assets—
Lo*ns-~total
Loans
5
preferred (quar.)
V
:
Decrease (—) Since
Real estate loans
Stecher-Traung Lithograph,
5%
.
•
50c
——
——
4
.
securities
60c
31l/4C
.
12-
,
Increase (+) or
.
5
4-15
4-15
75c
preferred (quar.)— —
State Street Investment Corp. (Boston)——_
12-15
(In millions of dollars)
/
'
10- 5
10-15
1 10c
—
——
4
Other
Standard Wholesale Phosphate &
Stanley Works, 5%
5
9-
5
$l'/4
(quar.)—
pfd. (quar.).
Acid Works—
5%
Ohio,
not
of
in Canadian funds, tax
tax, 15% ; resident tax, 2%
resident
7-13
4-
Jamaica
books
^Payable
4-13
4-15
7-15
4-15
30%
account
—
Fire
6-
9-15
Loans
8-14
4-15
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
$1.50 preferred (irregular)
—
Standard Oil
6-15
50c
x Less
9-15
35c
(quar.)
4-15
4-15
1
6-15
$l.Vfc
$P/4
SI1/*
35c
$1
$1
Spicer Mfg.; common—75c
$3 preferred (quar.) ——
———75c
Squibb (E. R.) & Sons,. $5 pfd. A (quar.)—
$l'/4
Standard Brands, $4.50 preferred (quar.)„_
$l'/8
Quarterly
4-30
50c
...—
Quarterly
Indiana Gas & Elec.— :"-v"
preferred (quar.)
Southern New England Telephone—'_'—.
Southern Railway Co. 5% non-cum. pfd
5% non-cumulative, preferred—
—
4.8%
reporting member banks, and of debits to demand de¬
posit accounts, follows:
;
v
,,.//■/■';'/
of Rec.v
$1
'
>
Southern
Southwestern Life Insurance
Payable
50c
Quarterly
Quarterly
Southern Franklin Process Co.—
7%
When
thare
Company
Zenith Radio Corp
:
Zion's Cooperative Mercantile Institutions—
4-20
5-15
$1.20
—
Holder«
Per
Name of
of Rec.
Monday, April 12, 1943
-
,909090
.899375.
3.244203
3.244203
3.980000
3.980000
Uruguay, peso—
.658300*
.658300*
Noncontrofled
•Nominal rate.
.658300*
.658300*
.658300*
-.528050*
.528050*
.528050*
.528050*
1
.528050*
,
.
.658300*
.
.528050*
Volume
Number 4167
157
THE COMMERCIAL & FINANCIAL CHRONICLE
Stock and Bond Sales
SW&i©
New York Stock
«»
DAILY
NOTICE—Cash and deferred delivery sales are disregarded In the
WEEKLY
-
furnish
YEARLY
-
such sales In
the New York Stock
on
a
Dally Record of U. 8. Bond Prices
Treasury
4%s, 1947-52.
Apr. 3
Apr. 5
y
;
LOW'
Apr.!)
Daily Record of U. S. Bond Prices
Treasury
113.17
^.
—
_
.
—
-j
Total sales In
Low
—V
—
Close
Total sales in
2
777.
—77
$1,000 units—
—
Vis, 1962-67—
Total
—
—
...
Low-
-
Total
sales In $1,000
V*'.'
••—«!.<
.
Close
:
V;:'fv
—•
units—
>•
—
i
—
i
1943-47.
Low
>7:7%:—y7.
7y-
Total sales In $1,000
-77
—
—:
units
—
(High i—
Low
—
——
'
—
In
—
•
p-—,
;
...
—
—
yyyp: -7-:
sales in
«
-
—
-
•
—
5
[High
3y«l. 1949-52.
...
i -"Low
———«
7:7777.7
y./yy':'
units—
yy,r.y./'-;\y.yy.
.
Total sales in $1,000
yyy-
| Low
~
(close
units
"Li Jr,yy7
7777'
y
—
[High
3a, 1951-53—
—
f High
1954-56.—.—.......i
j Low
if ■"* -...r.
;
2s,
[High
U.——i.^-1
1947—
''
:
units
[High
\
2s. March 1948-50
y;y:'u
'
■
77'' 7— .'7
—
y"
—777.7'1:
units
f High
2s, Dec. 1948-50
-j Low
[Close
v'v7
•
—
Total
•
sales in $1,000 units
(High
...
—
.
2s, June, 1949-51
_i.
.
<
•
.
...
7777: a 77'7y ^77777
:.
—
...y .v
'
•
■
'
(Close
< '■
Total sales In $1,000 units——.—
y
j Hign
Stti, 1948-51
.
...
.
__7
■
'
2s,
Dec.,
2s,.
yy
•
[High
.
1950-52
f
Total sales In $1,000 units.
v
High
-
2s,
1951-55—
Low
[close
[Close
V
$1,000 units
Total
sales In
$1,000 units
Hign
[High
Low
2s,
>
Total sales
$1,000 units
Total
High
sales
In
ls/4S,
__
■
i
.
1948
Close
Total sales In $1,000 units
103.16
103.16
$1,000 units
;
__
Low
2%s, 1960-63
103.16
\ Low
(Close
1953-55
Close
In
Low
[Close
y;--.-:.-
',y-
;
( Low
Ms, 1958-63
Low
•
Close
>
'.y^
-i.
$1,000 units
<■■■■
( High
[High
1949-1951—
Total sales In
Low
y-.
100.14
5' -yf
v
y
;iy ?
$1,000 units
IV48, 1956-39
100.14
Total sales in $1,000 units
.
'yyyyyy.;^
*
100.14
[Close
Close
Total sales In
1949-1951
High
2%s, 1951-54
Total sales In
Sept.,
777
-
'
■■
LI
units
;v.vV.v':..--.
...
2s,
*
•
,
[Close
Total sales In $1,000
77
—
.77v
y
.
[High
\ Low
y..
:
Low
(Close
Low
■
'
•
'
Total sales in $1,000 units
.
[High
-I
S%», 1945-47.
Lovr
[Close
Total sales in $1,000
___
109.29
Low
[close
Total sales In $1,000
—
—
Low
I ClOSB
i■
'
109.29
(Close
Total sale* in $1,000 units—— 77777
'•/
•
—
___
'
109.29
'.S ;V **
;
Total sales In $1,000 units...
___
7'
"
$1,000 units
-
—
;
___
_*y;',.
>
(High
—
_
___
sales in $1,000 units.—::
3Hs, 1955-60
:y-
'
:;y77'~-.77|7
y _„y ■
'
[Close
sales in
"• '•"V
-'!7;:■ y.%—7■'
777': 77-777'
'77'
•
...
'
j Low
[Close
Total
7-
—
[High
Low
j
:•
'
Low
$1,000 units
'
—
—7777
—•
[ Hign
3s, 1946-48—.
v
'
■
[High
[close
2y4S, 1952-55
Total
—
77-7
[close 7
Total sales In $1,000
—
5
units
—
—
'
100.7
Low
[Close
.
Total sales In
p—
V:-;
—
•
;
—
100.7
100.7
J
:
2V*»,
units
300.5
100.5
f High
2y43, 1951-53
7
Apr. f>
\
.y
!'!'■
sales in $1,000
Apr. 8
$1,000 units..
Total sales In $1,000
3%s, 1946-49.
Total
Apr. 7
100.5
—■„
y.-V-.y—„
—
—.wv.,:y
—
Apr. <>
Low
1963-1968
Total
.yy—
—
Apr. 5
$1,00 units
2y«S, 1967-72
—
fy — \ —
—•
y^.y '
J.-:
L'
Close
<
the New York
[High
'/as,
—
y7y.
■
—
r?*.—*.
units
y
—
tiii-
■
jljigh
Mis, 1944-46.
Total sales In $1,000
y77.
—"
on
T
—
*—
—
units
3V48, 1943-45.
3
■
—
■
(close;
Total sales In $1,000
'
—i:\-i
—
bonds
•
[Close
sales
[High'
3 Hi,
7
2
:
'
...
coupon
'•
—
High
3%s, 1946-56.
year.
f High
„!{ Low
—
yyyy
—
the
Low
$1,000 units
High
4s, 1944-54...
for
[Close
—
—
—
l
Apr. 3
range
fHlgh
2Vas, 1956-58
113.17
units—
Apr. 8
i 113.17
V
•
Close
Total sales In $1,000
Apr. 7
Apr. 6
High
computing the
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
Stock Exchange during the current week.
Figures after decimal point represent one or more 32d of a point. (See note below).
we
Exchange
■
day's range, unless they are the only transactions of the day. No account Is taken of
United States Government Securities
Below
1329
1
y
f High
..._■{ LOW
[Close
100.14
.
100.14
100.14
Total sales In $1,000 units
5 y.'
High
2%s,
Low
1943—
y
Federal
2%».
Mortgage
__
3
Close
Total sales In $1,000
Farm
High
Vis, 1944-64
Low
Close
units—
Total sales in $1,000 units
[ High
\ low
(Close
1948—
...
y
f High
Low
,v
__
3s,
1944-49
j
(Close
Total sales In $1,000 units
106.11
[ High
] low
2%fl, 1949-53
106.11
(Close
sales
Total
In
Total sales In $1,000 units
Home Owners'
106.11
$1,000 units
| ■ Low:
[High
lVaS, 1945-47
■
Total
„
.[Close
NEW YORK STOCK
61
Monday
•111%
112
♦111%
♦41
43
♦48%
50%
}y*4i
*48%
62%
43
11%
12%
12
27%
27%
27%
*19
20
♦100
20%
42%
70
12%
*27
44%
70
6%
20
43%
43%
70
6%
6%
103
y
50
12%
27%
*68
111%
♦41
50%
7
6%
j
43 y yi
111%
'
43
62
61
111% 111%
*41
43
*111%
7
.
♦41
45
70
v';
50%
13
12%
12%
11%
27%
27%
27%
27%
20
20
*50
50%
19%
20
43%
44%
43%
70%
49
44%
72
71%
6%
6%
6%
18%
42%
*68
6%
♦100%
105
1%
1%
2
16%
17%
17%
18%':
17%
18%
16%
17%
17
17%
18
18%
17%
18
16%
17'/4 7
17
17%'
33
34%
25
25%
5%
17%
16%
33 %
34%
24%
25
*71
35
*9%
9%
159%
159%
*12%
19%
73
9%
100
•
35
7;
35%
25%
9%
73
1%
*68
9%
9%
100
1%
73
9%
*99
1%
34
25
*71%
100%
10
*97
1%
9%
155%
157
155%
155%
14
*12%
14
*12%
21%
20%
21%
19%
21
20%
20%
10%
10%
10%
10%
10%
10%
82%
*81%
♦80%
81%
81
81
*81%
14
82%
■
400
31%
63 V2 Mar 12
37
May
112VaMarl3
104
Mar
113
Dec
23
31
May
Sep
43
Jan
Acme
Steel
Adorns
par
__100
Co
41% Jan
5
50% Apr
7% Jan
6
13
par
25% Feb
2
10
14% Jan
8
28
Mar 29
21% Mar 30
par
38% Jan
8
100
67
Vicksburg Ry Co
Juneau
Gold
Min
Allegheny Corp..
5 % % pf A with $30
5%% pf A without
10
?2%
5.600
10,700
$2.50 prior
conv
^100
9
2,200
2,200
Allied
Chemical
&
Allied
Allied
600
5%
Jan
3%
Apr
6% Nov
3%
Apr
6% Nov
100
1
10
Apr
16% Nov
4
Apr
6% Nov
73% Jan
7
81% Apr
9
64
July
81
Jan
par
26% Jan
7
36% Apr
8
22
Apr
30 %
Jan
14%
Apr
19% Nov
H Aug
1% Jan
No
Alpha
No
1%
1%
*!%
1%
1%
1%
2,500
Amalgam Leather Co Inc
Mfg
Portland Cem_—
17%
17%
78%
78%
77%
78
77%
77%
2,100
Amerada
26%
27
27
27
26%
26%
3.600
Am
64%
62
63%
63%
64%
61
63%
9,800
American
59%
For
60%
footnotes
60%
see
64%
page
1339.
63%
*16%
17% '
16%
17
600
6%conv
Agric
preferred
Petro
Jan
11%
Allis-Chalmers
78%
Dec
8
1,800
27%
Feb
7%
5
20%
27
73%
149
3
33%
78%
Apr
2
10% Apr
*20 %
78%
Apr
118%
9% Mar 31
159% Apr
21% Apr
36%
27%
3%
9
Jan
8
21%
27
19
7
17
22% Jan
2
21%
78%
Jan
140% Jan
Jun
May
4
35%
:
Nov
16
6% Jan
21%
78%
57%
10% Jan
36
27%
9%
5
1
16% Jan
35%
78%
5
25% Apr
71
Apr
par
21%
27
363/s Apr
11
15
par
36%
•
11
13
.No
Co
21%
1%
Jan
18% Jan
64
Jan
Oct
par
35%
17
4
No
21%
1%
par
No par
21%
17
%
i<
5
35%
1%
Mar
5
34%
17%
2
11
18% Apr
21
1%
Nov
94% Feb
18% Apr
33%
*16%
4
69% July
2
21%
1%
1% Mar
2
Mar
2
33%
17%
Oct
6
100
25
A Jan
*20%
1%
69
5% Jon
Corp
preferred
*16%
41% Dec
Jan
5Vs Jan
Stores
19,100
Apr
7% Apr
7
29%
61
100
Mills Co Inc.
46,500
81%
Dec
Mar
1
8
100
14.900
10 %
35
16%
10
45% Mar
5
20%
81%
Dec
No
14
20
Allied Kid
Nov
26%
100
Dye
12 %
9%
Jan
8%
Jun
par
No
Allen Industries Inc
155
48%
Apr
18%
71% Apr
28
Jan
/
war
oreferred./Vo
8%
3% Jan
85
Dec
war
Alghny Lud Stl Corp
Alleg & West Ry 6% gtd
152%
*
Jan
Apr
51%
5%
7
No
Inc
39
7
par
Albany & Susq RR Co
24%
Mar 31
25
10
73
43
No
Corp..
Address-Mutigr Corp..
Alaska
51V2Jan
110
No
Express
Adams-Mills
&
13,700
23%
4
23
Reduction
56.800
Highest
I per share
Feb
Air
43,500
1942
35% Jan
Ala
1%
I per share
No par
160
16%
I per share
No
1,800
81,000
I per share
4% preferred
Abraham & Straus
9,500
5%
it
Lowest
Abbott Laboratories
19%
e-H o o
Year
Range Since January 1
Lowest
Highest
■
Par
43%
72
16%
*68
9%
158
*12%
400
24,100
~
1%
15
34%
157%
159
49
15%
.
25%
73
10%
20%
9%
81%
2
25%
*71
9%
102
13%
*12
20%
9%
25%
158%
14
♦80%
36%
25%
7*71
73
1%
100
.
12
27%
*70
7%
1,100
112%
43
Range for Previous
■
Shares
61
12%
♦27
20%
44%
♦98
EXCHANGE
1 per share
62%
1%
■
the Week
50%
12%
27%
20%
6%
111%
*41
50
70
7
.
f per share
62%
STOCKS
NEW YORK STOCK
Apr. 9
Apr. 8
62%
Bales for
-
1 per share
62%
111%
112
Friday
Thursday
Apr. 7
62%
RECORD
PRICKS
Wednesday
1 per share
:> I per share
61%
HIGH BALK
Tuesday
Apr. 6
Apr. 5
61
JSale of registered bonds, all others are
coupon issues.
'
LOW AND
9 per share
sales In $1,000 units
•Odd lot sales.
In $1,000 units...
Saturday
Low
•
Close
[High
i Low
2%s, 1952-64
y.:.y Apr. 3
Low
'
(Close
sales
High
Total sales in $1,000 units
sales In $1,000 units
Total
f
Close
f High
9)4.8, 1950-62
Total
Loan
3s, series A, 1944-52
i" y
Corp..
("Del)
Chem
Airlines
fnc
par
17% Jan
7
1
% Jan
13
13% Jan
50
,
No par
No
12% Mar
x67
Jan
21 % Mar 10
2
May
Mar
8
20
187% Mar
1
11
Dec
14
79
Mar 26
43
Mar
par
23
Jan
52
Jan
27
18%
Jan
Jan
.
70%
Oct
28% Mar 26
2
10
12%
18%
Jun
24
Nov
64% Apr
25%
Apr
58% Dec
6
/
LOW
1
....
I
share
per
16
37%
131
80 Va
80
80 y2
ft,
•69%
69%
69%
*69
23%
23
110
110
110
109 '/a
108%
108 %•"
108
108%
109'A
*22'/4
109
17
17
22 %
2%
2%
2%
-
9%
27%
4
67%.
62
13%
,
4%
v
14%
63.%
35%
,
4 Va
4
43
v.;
14%
.
43
V
96%
98%
97
14 Va
14%
14%
14%:
28
1%
30'%
25%
9%
167%
167%
9%
14
167%. 167%
14%
15
64
64%
64%
14 %
15
14%
15%
32
15 %
15%
32
*15%
31 %
32%
13 3
13%
a
15%
16%
25%
25%
.
25%
100%
100%
100%
52
19%
54'A
52
53'A
5,800
1 640
10%
10
6%
7%
■
.
117V4
7'A
71'A
7. 'A
73
71%
7%
7
69'A
68%
69 %
6'A
6%
*52
68%.
.
6%
*52Va.
56
7- Vx
69'A
'
/?
7%
:
56
6'/a
72
7%
7Va
6%
•
67%
70%
6%
6 '/a
-
53
56
*53
30%
30
3 l'A.
30'%
31%
28%
28%
29.
28
29%
X29'A
20
20
20
19%.
20
x20
*112'A
114
13'A
13
>.
2%
*2'A
113%
*112Va
.
Wx.
14
*2%
*40
40'A
40
13'A
2%
2%
40
40%
113%
14'A
*2%
6%
.;
7. Vx
68
53
19%"
1,400
Anchor
113'A
■
2%
50
110'A
•:/
A
5%
4%
-59%
58
-
5'A
102
58%
60-
35
9 Va
8%
7%-A
7%
*100
102
111%
5%
-
:
9
176,500
6,400
35%
i 900
7%
7%
*100
2,200
102
7 %
•
11
10%
*81%
82'A
82'A
84
83
78
78
78
78'A
10%
83%
*75'A
78 Yx
10%
,
10%.
10%
10% ...11'.A
85
11
85
84
84
83'A
85
79
79
80
*78 Vx
82
•
:
.
.
.
9%
*101%
102
55'A
78'A
33%
33%
35
*32%
101 %
55'A
*26
26%
*109%
56
57%
79
77%'
78%
35%
33%
31
31%
29
29%
57
57'A
56
56
24'A
24
110
23%
24%
110
110
:
35
•
102
52%
•:•:■
54%
7a%-
79
•
3 l'A
*27%
28%
*53%
24
21%
5-%
Atch
3,300
56
23 'A
Atl
*109
t4V£
43% Jan
2
129%
6%
32
115%
,
11%
11%
11%
12%
12
12'A
11%
11%
11'A
12
10%
11
12.500
51%
51%
52'A
51%
51%
51%
51%
*51%
52
51%
52
1.200
62
63
*118
119
62%
62
119
11 'A
4'A
4%
43
40
5'A
5%
:.%•
62%
*118
11'A
11'A
11 Va
11%
4%
4%
4%
43 %
43
44%
5'A
5%
5'A
61 %
62%
*118
119
11%
,
11%
4%,
4%
44
;
"*41%
6 1 V
5%
61%
62%
11%
11%
A-
4%
43
■
4
60%
113
*11%:.
11%
41/4
41%
3%
43
-
6%
6
6%
62'A
119
*118
119
Jan
2
Jan 14
Jan
6
Jan
8
*41%
5%
61
11
3%
810
43
$8 prior
'
5%
Aviation
228,400
22
29
Jan
26
1%
7 '4. Apr
4
Apr
5
1
..25
_50
4
———
42% Jan
24% Jan
8
22% May
28%
Jan
7
24
Dec
30
Jan
12% Mar
17
Jan
Jan
Jan
11
2
2
Jan
2
Jan 20
Jan
2
Jan
9
Jan
7
Feb 27
Jan
4
Jan 11
Jan
7
Jan
5
Jan
4
Jan
7
Jan
2,
Jan 13
19
Jan
4%
92
6'A
72%
59
29
:
100
44%
* 66
„
100
.1
.
44
Jan
18% Jan
106
Mar
6% Jan
50% Jan
52
pur
Jan
113
7'/a
•
2%
28'/a
3 'A
...—100
No par
par
No par
^3
(The)
2
26%
■
;/
—100
25
A
Jan
31% Apr
3
No par
No
50
20% Apr
46
49.
30
6%
par
Jan
Jan
Jan
Jan
Jan
8
4
7
16
4
14
9
12
7
21
5
2
116
14'A Apr
3% Feb
112% Mar
7% May
7
27
40'A Apr
May
12'A Oct
107
Mar 18
5
1
'S 1% July
Mar
27%
102
112% Mar 12
36
Apr
Dec
111% Mar
Sep
5% Apr
0
Sep
4'A
59% Apr
6
42
Sep
67 Va
Feb
60% Apr
7
40 Va
Oct
66
Jan
36 Va Apr
8
21
Jan
33%
Dec
2%
9% Mar 31
5% Mar
8'A Mar 27
2%
101
79
Mar 27
11 '/a Apr
8'A Nov
4%
Apr
82
May
4'A
8
;.//
Jan
Oct
July
6%
Apr
Jan
77% Jan
85
Apr
61% Mar
80
Apr
53
Jun
83
Jan
33 '/2 Apr
20
Jan
28%
Dec
102 % Apr
81%
Jan
100 Va
Dec
57% Apr
27%
Jan
53
79'A Apr
60'A
Jun
72%
35% Apr
19%
Jun
6
16%
57% Apr
6
33
24% Apr
6
14%
31% Apr
53 Va Mar
65'A Feb
119
5
Jan
Va
Jan 4
Jan
109'A Feb
111
7
Jan
Apr
51
Dec
70
Jan
116
Jan
Jun
Apr
9'A
l'A
Apr
3'A Dec
15 Va
Apr
8'
2%
Jun
Jun
26
4% Apr
5
44% Apr
5
6% Apr
'/
■
>7
V
'v
8
17'A
Vx
12%
*11'A
17'A
17%
16%
8%
8%
9 Va
9Va
16%
17%
10
9'A
16%
10
17
15%
16 'A
10
8'A
9'/a
7,6,100
12%
13 'A
14
13%
14%
12%
14 Va
13%
13%
11%
11%
12
11 "a
11%
11
11'A
J.1
11 Vx
10
10'A
,
/
51
49%
50
50
17%
17%
17'A
'
17%
£0%
51
50
51
5J;
51
49%
17'A
lT'/a
18%
18%
19%
17
18'A
32,900
3,300
812
8'A
8%
8%
8'A
8%
8%
*34%
35 %
35'A
35%
34%
34%
*34'A
8%
8'A
35
*34 Va
8%
8%
35
35
8%
35
Barker
.'560
16%
17
17
17 Va
16%
17'A
16'A
16%
.16%
16%
15%
16'A
19'A
19'A
19 %
19%
19%
18%
19'A
19
19 'A
17%
18%
26
26
26
27%
26%
27%
26%
26'A
*26
26%
26
26
28
28
*23
28 'A
28
28%
28
28
28 Va
27 Vx
28
107
*27'A
107
28 %
*107
108
*103
*27'A
*27%
*1007b
108
*107'A
29
*28
102
102
28 Va
107 'A
109
28 Va
%
102
102"
/
29
*100'A
Beatrice
,1,000
:
60
'
■
103
t£5
200
-
11'A
11%
11%
11%
11'/a
11'A
11'A
*11'/a
11%
11
11'A
1,300
18%
18%
19
18%
19'A
17%
18
'A
1.8%
19%
17%
18%
11,500
Bell
39
39 Va
3914
39%
39%
39%
38%
39%
38%
38%
37'A
38%
12,300
Bendix
15
15
14%
15
14%
14%
14%
15
14 '/a
15 Va
14%
15
*5434
55
55
55
*54%
55
29'A
30
29%
29%
29%
11%
67
*114%
For
55
29%
11%
67 Va
116
11%
67
12
11%
29
11%
12'a
»A
69
G8 %.
69 V8
115%
116
115%
116%
footnotes see page
1339.
29
11%
67%
'
69
115%
116
55
.
55
*54%
55
28%
28%
*26%
71'A
66 Va-
*115%
11%
68'A
116
10%
65%
115%
Oil
31
Dec
4% Jan
50
..
Corp
No
&
Best
w
w
—
.No
.
7%
7%
Jan
4
Apr
6'/a
Jan
22
Jan
.
2
12
Apr
5
3 4'A .Jan
6
51
Apr
5;
Dec
6'A
Nov
24% Aug
33%
Dec
'19'/a Apr
8
6Ve Mar
8% Apr
5
4%
;
Jan
4
35% Mar 23
Dec
13%
9
13
30
Jan
Apr
Feb
12
36
Jan
2
17% Mar 29
8%
Jan
12%
Dec
20% Mar 22
12'A
Jun
18'A
Jan
par
par
....50
20
pL-1/
i
5
Loan
23'A Jan
7
24% Jan
16
Jan
26
.,107
25% Jan
25
Jan
12
93
—
No
No
Co———_
Mar
28% Feb
102% Mar
15%
20
Apr
Apr
x23'A Nov
26
Oct
Mar
105
Oct
9
23%
Jun
30
Feb
8
64
Apr
16
103
110%
Jan
par
par
4
11% Mar 31
6% May
9 Va
Dec
Jan
2
20'A Mar 16
9% May
17%
Nov
39 7A
Jan
Nov
12
4
39% Apr
6
28'A May
13% Mar 17
16% Feb
25
9% May
46% Mar
15'A
25
2
17%
Apr
24'A
Jan
12'A Mar 25
8'A
Dec
8%
Dec
66%
Jan
34'A Jan
54% Feb
23
55% Mar
22% Jan
7
31% Apr
8'A Jan
(Del)_— —No
preferred—^
27% Apr
5
28'A Mar 29
114
9'A Jan
Corp.
Bethlehem Steel
4'A
Jun
7
Foods
11,300
Jun
4 Va
12'A Jan
pfd $2.50 div series '38..No par
Fr
Best
2%
13'A Jan
25
RR
Indus
9%
7
6
1
__
Aviation
Beneficial
1
Apr
5
Co
Belding-IIemingway
300
;
26,300
,
10
Creamery
Aircraft
Aor
10
Jan
I
14%
17%
.14% Apr
5 'A Jan
Works
,7,100
■
,
11%
63%
115%
.
1,700
28%
__r—100
Beech-Nut Packing Co
103 Va
17%
4,900
..50
—
2
2
2
5'A Jan
_
preferred
Creek
tBeech
100
.
vf 6
preferred
preferred
11'A
104
3% Jan
...
Brothers
Iron
10% Jan
13
t c.
_
Bayuk Cigars Inc
1,300
:
108
*27
28%
28
102
*106
ICTV's
Bath
*100%
*54%
*101
28%
'
5 %
Barnsdall
7,100
v
_
Asphalt Corp—.
5'A %
17,500
19 ''a
Works
Ohio—
Aroostook
&
Conv
2,500
/:■
&
preferred
Barber
19,500
,
4%
Bangor
'430
50
17 Va
Loco
Baltimore
:
13
11%
'
Baldwin
24.700
9%
17 Vb
-
b
par
55% Jan
7
100
110'A Jan
4
6 9'A Apr
117
Feb
6
24
49% May
105
July
54
121
,
Oct
May
43
Mar 27
Mar
12%
45
23%
Apr
Oct
•
May
46%
6
15
Oct
34Va
34
Jun
Mar
99% July
6'A Sep
111% Mar 31
12% Apr
:-v
B
17
.
;/57% Jan /■,
Jun
20% Mar 30
108Va Jan
100
A
38%
Jan;
5
34
.—100
No
76%
3% Apr
,
Feb
5%. Jan
4
.
111% Jan 20
10%. Jan 13
l'A Jan
5
100
preferred
11
7 'A Apr
54% Mar 30
Nov
70'A
Aug
16% Jan
par
1
2
39
Apr
Jan
24
par
-No
/ Jan
72
Dec
116% Jan
Dec
No par
20
—A—5
of Del
33 Va
Apr
108'/« May
51%
Line RR——
Corp
Mar
Jan
Jan
T5A Nov
Apr
70'/a Apr
Co
Nichols—
Austin
3,700
39
119
3%
Dec
Refining.——.
conv
6
Jan
50%
3%
conv
t5%
27
Aug
49%
143%
7% Apr
Atlas Tack Corp„
1,300
23
134% Jan
Apr
7
tAtlas Powder—
10
%
120
2
—
1,270
118
5
Jan
Oct
Jan
•97'% Jan
Apr
34%
10% Apr
142
Feb
12
2l'A
33'/a Apr
55% Mar
Nov
12
Jan
Mar
78% Mar
Apr
54 Va Mar
pref series A—,—.100
Atlas Corp
-.
5
6%
preferred50
210
,
15
Oct ::/.
Mar
21%
7% Jan
16% Apt
2
par
W I SS Lines.
&
9%
14% Apr
102
144
Jun
26'/a Apr
,
Jan
Nov
36'A
Jun
16%
3% Jan
preferred.^—
Atlantic
15,700
110
51%
*118
G
5 %
1,700
-
-
136%
Mar
9
2
Jan
43:
148'A
Apr
3% Jan
55'A Jan
preferred—
preferred——
Coast
6
29
3
26% Apr
42% Jan
100
100
preferred-!!!-^—-———.100
Atlantic
20,700
151
25
preferred
•—
Topeka & Santa Fe
'5%
2
Apr
14 % Dec
35% Jan
Apr
Corp,,——.—.5
Assoc Investment
100
Feb
^
:
110
*109
2d
3.000
33%
56
1st
t7%
41,500
:
34%
+6%
260
t
29%
23 Vx
24 Va
102
79'A
29
*54%
110
*32%
57 Va
56
79
35
110%
110
:
33%
35 Vb
30%
23%
23%
110%
57%
78
35
102
102
102%
56%
54 Va
23%
*32%
35
57
35%
28%
54 Va
102
78%
34%
*52%
*32%
35
102
57'A
78 Va
34%
34'A
102
101%
55%
78 Va
*32%
540
2
45
'
Feb
35% May
132% May
155% Mar 15
Oct
9% Nov
May
6%
24
1
Jan
59%
Jan
,—
120
:
"
6
16
47% Apr
Jan
12.
4% Mar
17%
Associated
13,300
Apr
32% Mur 23
Jan
a'A Nov /:
165
Apr
10l'A
"
*78%
8
5
7
1
26'A Jan
9'% May
52%
Jan
V 22
Jun
26 Va Apr
preferred—
Dry Goods
'
15'A Apr
Apr
144% Apr
Corp-s-uA.!.—.i,—!No.
Artloom
17
6
5
IS
Apr
142%
Febv
26% Jan
3% Apr
6
64% Feb
15 Va,
--
53% Jan
Midl'd—
Constable
Arnold
15%. Apr
2
97
No par
t7Vf< preferred————...— .....100
Armstrong Cork Co
—.No par
4,600
8%
2
Jan
119
Feb
12%
5
17% Jan 14
prior preferred-.
£6 conv
% Mar
9% Apr
12
pi 7% gtd-.JQO
Co of Illinois
.5
&
Armour
|270
58'A
8%
102
*100
5'A
57 V4
15
167% Apr
19% Jan
11% Mar
(Del)
& Co
Armour
! 400
35%
9
;::7 %/i/
7%
7%
58 %
36%
9
102
56
60
35%
35%
4%
5%
58
58
*58%
60%
*
35 Va
*100
*110
5%
58%
7%
7%
7%
*100
5%
8%
9%
*8%
111%
59%
35 Va
35
35
59%
*110
110
5%
59
59
56
•
110
110
2 % Feb
,
2
-
i/v-23%.Mar'-:
21% May
35% Jan
100
Daniels
26
par
Smelt
preferred
Mining
Paper Co Inc
W
P
Mar
2
No
Copper
Archer
1.100
.
31
113 Va
—No par
div
$5
19
Nov
•
7% Nov
Apr
7
Feb
3
145
Hock Glass Corp——12.50
Andes
,1,500
i 100
37%
110'A
♦
.
'/
14
10
27 Vo Apr
Feb
Jan
10% Jen;
127'a Dec
May
14
Copper Mining
W & Cable.—.—No
Anaconda
4
21% Jan
prior conv preferred—.
£5
Anaconda
v
110
Jan
91
V
Apr
127'A Jan
Preferred
1.160
9'A
par
Elec—No
Amer Zinc Lead 81
29,300
A 100
*2'A
Nov
l
7
40'A Nov
v
,V,
Jun
121
25
Woolen
American
3,100
6%
37%
38%
Hiv
Jun
5
;
preferred
1st
$6
300
15,900
6%.
65
-
14'% Mar 17
9«A Mar 29
5
37Va Jan
144% Feb
—
Wks &
Water
Am
111,300
72
95,500
14
■/:
2%
38'/a
2%
40
200
29%
113
113%
113%
i. 14%.
14'A
9,100
29%
19'A
Dec
5%
35% Mar
;/
6
Jan
.100
Type Foundries Inc.——10
American Viscose Corp
14
5% preferred
100
preferred
28%
20
>
31%
31
t6%
April
/Apr
27
Amer
17.300
10
97
8% Jan
12% Jan
par
B—
class
.
—100
Tobacco—
Common
;
10 Va Jan
par
No
Telep & Teleg Co
American
-
15
2
54
;.100
Sumatra Tobacco
Amer
28
:•
29%
*112'A
7%
13.
69
9 Va-
73
*72
:!? 7%
7
::
37
35'A
:A *117 v 118
117'A
6%
72
138
10%
37%
117'A
19%
102
10%
.
6%.
137%
Sr.:
38
10'A
37% '
117%
7'/a
6.'A
72
.
.
7 Va
55
10%
37'A
38 Va /
117'A
13.900
14-1%. 143
138
137%
■;
27%
8%
*7%
*100
*117
138
138
291a
35
8%
%
37%
117%
>'*51%
4%
*34'A
138'A
6 '/4
.
56 Va
10
10Va
38
37%
:.
:
Am
1,300
53 Va
55 Va
•
25%
53%
138
Oct
46
2..
6 'a Jan
No. par
—No
Co
Preferred——.
1.200
1- 102
25%
26'A
143%
.4%
37
Apr
8
Sugar Refining— .100
53%
67 Va
110
56%
American
54'A
2%
4%
3,400
537/a
39%
54%
26
54%
,
13
110
Stove
3.300
6^4
114
*2'A
American
52%
19%
39
American Stores
2,700
51%
138 %
No
5,000
53
.
Foundries—
Amer Steel
10,800
52%
6%
54'A
27 Va
.
26'A
143-'/a
-
2%
8
154
-100
14'/a
52%
144
26
30
28 'A Apr
—25
Snuff
preferred————
25%
102
101
101
26 Va
%
6.%
,
16%
52%
29'A
27%
*12%
26%
Mar
Mar
31% Apr
par
25'A
'
53
*71
29'A
*111
100'/a. 100'A
No
Co
14
A
Jan
Mar
25
48
4
Smelting & Refg—.No par
_,100
American
40
52%
9%
:
.
26'A
:•)
conv
16%'
14
May
1 'A
4% Mar 31
2
11
2
tPreferred
.
' 800
,
531a
*117
6 Va
*51%
25%
■
143
67%
6
25%.
100'%.
24 Vx
16% :16%
13%
!
*26
6%
*66%
16%-
•:?;
44
155
26'%
6%
*6%
14.
16%
26
26%
13%.
25%
44
*147
26%
A. 26
25%
.
16% J
100 V 4
:.■■■•?■•
144%
,
73
.
45
155
i460
26%
138
.
37 %
6 Va
45
*148
45
,
2
Jan
16% Jan
Ship Building Co .—No par
Amer
17,500
53%
117%
*70
45
151 '.A 151
46
45
149 Va
143 Va
9%
9%
37
Seating
tAmer
26 Va
,
138
*116%
American
1,590
•
52%
53
137
1,200
32
143 Va
52
52%
15%
151
Dec
2
25
100
31
13%
100 %
26
142%
142%
Mill
preferred..—
American Rolling
15%
■
56
VV^Jan
18% Jan
——_100
——
16
142%
26%
*26
Preferred
31%
43
Apr
4
Safety Razor,—___18.50
26%
.
; 140
American
149'A
x367/a
Mar
Jan
par
3,400
>
63% Mar 31
x26
& Stand San!y^!_„No par
Am. Rad
71,800
..No
14%
16%
25%
.
preferred—
14 Va
47%
Oct
7
..11614 Jan 29
preferred—No par
$5
15'A
150
36'A
2
—No par
$6
,
-
par
14%
26%
16%
9'A
165
.—..No
Light—
Power Si
Amer
27,800
Co
News
American
J 360
14%
46
Sep
37'A Jan
>■;./.
par
preferred————100
14%
£ 13 Va
13%?
.
16%
\
*44%
15.1
.
26%
25%
25%
25%
•13%
151
*149%
151
Metals Co Ltd—...—No
6f#
10
14%
*149'A
32%
4
Amer
S
64%
47 Va
29
20'A Jan
3,900
64%
151%
39
11
4.%%
46%,
6
5
7
2,380
150%
Oct
4
3%- Jan
Jan
12'A Jan
7% Feb
38,800
47%
35
>2i» May
23
64%
31%
Jun
1
Feb
1 l'A- *13%
*15%
25 Va
4 % Apr
20
64
:
36% Apr
81'-a.Jan
14%
15%
Dec
23
39 Va. Jan
7% Jan
64%
32%
Dec
42%
53% Jan
_50
14%
15%
Dec
8% Dec
Jan
par
—No
64 'A
32.
2:
49'A
Jan
10%
Is".————100
—
15
151%
151
45
45
45
44
*149%
46%
151%
150
152
Preferred
64%
16
7 Va Nov
25% Dec
v';-
Jan
65% Mar 12
2
conv preferred
Locomotive
5-%
,
19.700
'
'
Nov
3
Jan
7% Feb
14%
15'%
187A
8
2
American
28.800
8%;
A
Dec-:
16'A. Nov
.
Jan
'/a
Feb
2% Jan
par
30%
v
V
c
Jan
IOO »A
May
3% May
16% Jun
1
Mar 12
72
22%
Dec
%
Oc
7 %• Dec
7% Mar
5
4% Mar 12
5
2.600
2
V 165
10
Apr
28% Apr
4% Jan
Metals..—.—No
26%
9%:
92
3
5'A Jan
Mach. &
2 5'A
167
Mar 13
Apr\ 5
3'A Mar
of 111.—:—---1
Co
Amer
28%
9%
18
23
Jan
35
par
28'A
167
Jan
3% May
101
■
16 Va Apr
30
Dec
15
-
.
14
2
Jan
39
Mar
103
25
6
6
7
110
Mar
18% Feb
.
Jan
May
69
24
Corp-—*—.No par
Fdy Co.—-No
31%
%
Mar 19
23
20%
i
105
■
9% Feb
46 '/a Jan 18.,A
100
Mach &
30%
2
par
Amer
122
30
.—No
3,100
2%
27
:
9%
167%
.
/?'■:
!>:
.
,v
2,200
14'A
2'A
167%
32%..
15%
■V 32
47%
46%
46 %
46%
*151
9'A
9%
*117
60
30 Va
26%
14%
63%
?
30%
24
31
A
8%
8%
24'A ? 26%
A."
26%
121
30%
2 V.
27%
13%
14
8%
-
■
9
Invest
American
211.200
94
137 a
9
26 Vx
30%
28%
;.iv.;
—
preferred
Amer Internat
0.100
43
92
96%
Ice—:
6%nou-cum
:•' 100
12% '13%
'A;-
,
2
Apr
'
r
43
43'A
*119
25 %
64
13%
9
2
2 V.t
8%
14'A 114%
27 Va
24%
American
5 200
6'A
7
110
Oct
Jan?
33
73%. Jan
'
•
6,700
r 44.
8
.14%
't
•
May
7
110%'Apr
4
1% Jan
—50
4'/a
4
*42%
*6
96
A:
■
24% Apr
22
Feb
9fr
American Home Products.——A
6%
14'/a
14'A
"•
5
Jan
18'A Jan
Dec
74% Dec
176
Mar
v'/ 64'A Feb 15
__1
Leather—
&
preferred
conv
3%
Apr
159
Mar 24
Jan
•
130% Feb v
Apr
55'A May
16 V May
10
li. 900
8%
*42
;•
»
•
118
30%
•'V
8%
€
97
27%
•
4'A
44'A
6%
56%
177
6% Jan
8
24 V4 Jan 21
,—
17
20
par
61%
61
6'A
8%
14%
26
30%
4
43'A
118
,/ M
62%
Hide
American
85% Feb
2
No par
1
American Hawaiian SS Co_
11,500
36
*35'A
*43
4 Va
4 Vtt
3%
4^8
38
M. 62?
6%
8%
9 Va
26 Va
4'A
*36
44
14'A
119
2
29 %
9 %
167%
*166
'
2 Va
28 %
%
9%
9%
30%
25
25
26 V8
*117%
119
30 %
•
2
1%
27%
24 %
26%
26
*117%
30%
30%
9 Va
9 Va
8%
87h
26'A
'
96%
95%
M
■
62%
13%
14 %
119
■4%
37
*42
14%
95 Va
8%
3.800
8%.
14
*25%
35
*6'A
67/a
95%
ni7'/4
34%
43
9
14 %
.43
14 %
:
*6%
6%
*42
14'A
35%
4'A
4
45%
8%
9
8%
*6
43
14
35%
4'A
4%.
*44
43
35%
$6
.
120
l'Va
;
8
87 2d
31.200
& 62
45%
6'A
62'A :
63
4
8%
61%
*62
*44
8%.
63'A
■
33
Apr
6
6
preferred————No par
preferred A
:
rNo par
preferred-——
—No par
VVvS7
85,700
15%
62'A
*35
4 Va
A 14%
•
3
Apr
72% Feb
109
6'A Oct f:
,
,
Apr
Apr
7
36% Apr
par
Power— 1——No
For'n
&
Amer
23
40 »A Mar 15
19% Feb ■ 1
6% Jan 26
14% Jan
2
97'% Jan 27
15% Jan
8
1% Jan
2
Export Lines Inc
American
3,600
68
66
,15'/4 ..16%
15'A ;
38
45 Va
28,300
A'
61
*36
4
3,500
4%
i
3% Mar
131
Tiling-——,1
Encaustic
}
Apr
Nov
6
10
European Sees
Amer
600
26 'A
3%
13%
.
.
63%
62%
'
10
26
;
V-
60
36
4
.
American
35'A
13%
*44
*6
:
4%
169%
63
Amr'
*8%
27
4%
68%
38
*36
63'A
*62'A
.
;
4%
67
4%
68.%
63
,
35%
:3 %
37
*35%
14%
.
35%
4
3%
Va
4
10
26%
10
27'A
67%
.62
*61
.
36
35%
4%
67%
*8'A-
26%
:% 6%
4,000
Oct
49
9
——10
1st preferred-——,—100
Distilling Co——20
6,000
2'A
8
9%
Jan
American Crystal Sugar.
11,700
i 80
2%
2%
*8%
10
28.
4
:
Inc.—No
9
/..
Jan
5'/a
24'A Jan
preferred—__——_100
Colortype Co
American
21
20%
'
14%
137A
*59
%
/
--
400
102
*100%
21'% /' :
:
17%
17 ;S;
102
f
M l 2'A
2'A
10
28 %
67
4
3%
67'A
2%
18%
16%
21
21%
,
l
|
9'A
173
Apr
Highest
t per share
per share
38%
9% Apr
1
2
71% Jan
&
Cable
&
conv
58
27% Jan
t
Mar 27
17
127% Jan
4
3% Jan 20
tAmerican Chicle
—No par
Am Coal Co of Allegh Co N J—•_..2S
480
28
*8%
Chain
t5%
90
109% ?
*21%
,
Am
14,000
5
1942
Lowest
pet share
47
Jan
5
4% Jan V 4
—100
—.
Car
t
share
8% Jan
2.—10
Fdy_.«
No par
Preferred i-i.--—!———!l00
2.600
t
23%
111
109
9
*100'A
102'
20%
2%
::
60'VA
68'A
M
tPreferred
American
:
per
Year
1
Highest
Lowest
,
IS
.
American ,Can————_—25
20,600
22%
Par
■
,
.
Radio Corp—__1
Cable &
Amer
430
35
*110'A
28
9
-
16%
16%
*100
27%
10
9%
27 V4
*8
27'A.v
16%.
2%
2%
•v
109
*21%
a
9'A
Viv:
24%
111
109
28
9'/a
22 Va.:.:
21'/a
23
*24
100
100
100%
*100%
22%
21%.
109 'A
9 Va
16 Va
17
16%
1;
100%
100%
.
28
9 Va
9Va
*8%
9%
*24
28
*24
28
*8%
*110'%
60
175
175
■
preferred-.!—.————50
Bosch Corp—.—
1
Am Brake Shoe & Fdy_!
No par
5'A% conv. preferred
100
3,700
33%
70 'A
23%
110%
24
110
A:'
' 't
:
6%
58,200
79%
Range Since January
■
V
American
„/•':. 3,600
1
6%
78'A.
26%
09 Va
24%
110%
24%
23
111
36
v
175
34%
69
69
69%
69
23%
23
80
175
34%
34
460
132
%
.
American Bank Note.—'—
•
18.500
5%
7
79%
175
174%
35%
34%
*130%
37%
131
6% :»
79%
79%.
175
*110
37'A
/
.
Previous
for
Range
■:
■
•
>=•'A./--:''
i
10,800
9%
8'A
-
STOCK
YORK
EXCHANGE
Shares
58
57
9%
130%
7
6%
81%
34%
35%
38
130
130
7
share
per
NEW
fo*
the Week
ft
.
14%.: '16 Va
57
8%
8%
37'A
38%
131
174%
176
34%
35
34%
*56
8%
80%
81
176
175
175
56
77A
«
16%
16%
56
Apr
>
share
per
16%
6% V
6%
6%
share
per
Apr. 8
t
57%
38
*130
131
*130
6'A
5%
38%
38%
38
*129%
t
16'A
7%
7%
7%
7%
*7%
Apr. 7
v.
1,
.
galea
Friday
Thnraday
17
■
56%
57 Va
■■■"';
•
share
per
16 Va
16%
54%
56
t
share
per
16%
16'A
*54%
Apr. (I
Apr. 5
Apr. 3
STOCKS
HIGH SALE PRICES
Wednesday
AND
Tuesday
Monday
■atarday
Monday, April 12r 1943
& FINANCIAL CHRONICLE
THE COMMERCIAL
1330
Sep
Jan
Volume
157
Number 4167
,
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Ifttnrday
Apr. 3
Monday '
/ /
.
1 per share
33%
33%
18
33%
18%
8%
13%
*88
20%
20%
;.5i%
•
95
90:
90
X19%
,
..
51%
*46'A.
32
*91
.
46 %
v
22%
22'A
22%
22
26'4
.26%
26%
25%
32%
31%
32%
31%
11%
26%
27%'.
5%
42
34
■'r-i.fi e
'
27%
42
1
42
14
14%
1
*91 f 4
'
42
IVS
./T/
14
38
38
38
38
17
17
17 34
17%
17%
9
9
9'4
113'A
113%
5%
17
13%
38
*37%
/• 1
1%
■
14 '/a
5%
'
*37 '4
38 'A
17
*110
5%.
100
101'A
9%
114
5%
102
9%
*113
5%
102
9%
ii3%
5%
6
98'A
102
/ *37'4
40%
Jan
17%
Jan
5
26% Jan
13
i.100
./2%Jan
9
Bearing Co
5,,
Brewing Corpr of America
-...15 ;
Bridgeport Brass Co__——No par
Briggs Manufacturing—
No par
28% Jan
16
Briggs & Stratton
33
Bristol-Myers Co—;—
i
Brooklyn & Queens Tr__
No
Bklyn-Manh Transit——No
Brooklyn Union Gas
-—No
102
42
I'
•/
13'4
*37'4
38'A'
206
16'4
■4.
;
16'A
1,500
7,001*
8%
9
/,
113
-y
5»A
5%
99%
l
Co
r;
par
Aia'ii—1 ;/
(The)c——L„:——.15
Corp
—
-No
,
54'
2
Apr
'65
v
'
7
Mar 20
26% Apr ; 6
33% Mar 29
4
6% Apr;
7
Jan
4
12% Apr
4
Jan
16
7
1
par
Oct
25
Mar
31%
Nov
xl5
May
20%
■■■'/
43% Feb
Jan
'
10%
18 >4
10%
18%
10%
18
10%
18
18
10%
18
•
'
10
10%
18
■
"18%;
26 %
27
27%
29%
28 Va
28%
27%
33 %
34
34%
35
34
34
26%
26%
26
26%
25%
9% Jan
2
8
14% Apr
38
Feb
Jan
2
18
"6%
Jan
7
l_100
104'A Jan
12
Mfg
-No par
preferred——100
jan
2
6
26%
'
8
107
Mar 11
18%
•9%
'18 :P
27%
/</ 18
'
..
9,300
Bullard Co—_—_•
■33%
25% '26
Bulova Watclu
25
33
-32%
3
4%;-
4%
33%
33%
r
8%
5;
'
58 %
v-
:/
33%
4
4 'A
15
114
81
21%
6
,
16,400
Burroughs Add Mach
23,600
Bush
60
6%
21%
55 %
8%
24%
'24'A
*36'A
4%
4'/a
4'A
5 Va
4%
15%
16'A
15'A
83 %
83%
83
21%
22'A
29
19%
20%
9%
9
•
38
•
10%
41%
'4
*41
*40%
9%
9%
A
42
/ 93%
94
29%
*41
30
29%
•
5
4%
*37
10%
6
42
'
8%
Jan
X103 % Mar
Mar 25
112%
Jan
2%
5%
5%
94'A
:
95%
*95
29%
/
30%
30
5%
5%
■-■V
21% A
40
40 "A
.
A 96
30%
5%
*29%
y-r
A
1
108
110
109%
109%
107
109%
1 OP %
J.W.As:.
*139
140
*139
140
138
140
138
138
137%
138
45
45
33%
34
102'A
102%
♦102
*122'A
122%
'123
46%
47
34%
34
34%
102%
102
123
109%
13%
18%
19%
3%
3
3
106%
*106
l/XOv:
V
3%
*106
3%
.11%
12%
16%
38%
38%
61%
5%
5%
62 %
60
*98%
39%
39%
5%
5%
40%
58%
60%
A
110
109
'A
13
88%
19%
1.1
16%
%
18%
"<
39% ,40%
.5% ■?: 6
40 %
58
59%
7,500
9,100
19%
19%
19%
19%
19%
*19%
20%
19%
20 %
102%
102 %
102%
103%
103 %
*102%
18%
'18%
Central
9%
U
43%
•
20 ;
19
19%
44%
43%
44%
*99%. 100'A
99%
99%.
18
43%
6%
19%
38
99%
8%
8 Va
8%
7%
56
15%
14%
15 '/a
14%
14%
6%
5%
6%
5%
20
8%.
15
6%
6%
*96
99
*96
7%
'
17
17%
16'%
17
16% A17
12%
12%
13%
12%
13.
i2ya
I'V
21%
y-40%
*40'A
40%
40%
40 3 4
*40'A
40%
.*40'A
51%
51%
51%
51
lit-
lit
%
xy
%.
1%
1%
1%
1%
1%
l'A
1
1%
1
1%
*14
16
16%
16
2 Va
2'4
*30
2%
31%
"
31'A
75%
75%
14'A
14%,
103'4
101%
14%.
103
42
; *41
42
%
4%
4%
38'A
37%
*125
130
*125
*60
74%
112%
*36%
<
37%
*103
*89%,
91
36%
,
V
2%
*32
76%
74%
15%
14%
104
*103
42%
.42
91
*89%
*52
37%
25
110
*16%
12%
12%
146
*145
18%
37"
*18%
For
19%
146
99
99
64%
64%
*740
106%
*740
20
19%
107
106
25
18%
12%
13%
11%
11%
19
footnotes
19%
see
12.
19%.
page
18%
12%
13%
11'A
12
■11%
19 Va
rz
17%
1339.
24
*110%
11%
19%
20
19%
19%
17%
18%
12%
11%.
11
19%
106%
24
24'A
11
19%
19%
106'A
12%
■
98
*64
19%
10%
.
*145
20%
20%
*111
A
17%
11%.
11%
*10%
19%
20
4
A
Apr
Jun
l'AMar- 1'
Jan
9'% Apr
7
5%
Jun
7%
Nov
19% Apr
7
11%
Jan
16%
Nov
21% Apr
8
13.
x85
Jan
3Va Jart
8
Jan
37'A
32
38%
Dec
77
89
Jan
6
8
6
Apr
22% July
5% Apr '
112
Apr
6
2 '4 May
8
6
117
Jan
Mar 29
30
Apr
Apr
48/
35'4 Apr
15
Apr
97'A
Dec
Apr
120%
Jan
Apr
9
5
16% Jan
1% Jan
12
1
2
3% Mar 12
preferred—100
97% Jan
4
107'A Mar 15
Jan
111
20
Feb
12% Apr
12
10
2
7
16
Mar
1%
Apr
82
(July
Jan
27
1% Apr
23u Jan
/
,
Dec
8%
Dec
75%
Dec
23%
Jan
2%
Nov
110
Jan
Jun
r
2'4
8
1
Apr
11
9 7'A
Aug
1% May
6% Mar 22
105'% Jan
-
00
17'4 Mar 29
Jan
Mar 19
Apr
Feb
6
Jan
3
98
77
6%
66
*
v 88% Mar 30
2
13
•
Dec
82
110
1
3
29%
Dec
9
2
A
Dec
42 %
-
Nov
Dec
24
.
8'4 Jan
76% Jan
Co,
Apr
78
130
Feb
123
A 96 '4 Feb
No par
3'A
14>% Apr
4
100
..100
28% Nov
54% ,Apr
8
103'A Mar
Feb
4% Nov
Apr
Apr
21
26% Jan
7
95'AJan 26.
119
29% May
1% Feb
4
5
140
'
k
7% Nov
Mar
30% Apr
x96
77% Jan. 11
127% Jan
6 A
\
Aug
43;,
8,
40% Jan
Dec
33
Jan
9% Apr -
7
2514 Jan
/
15%
Dec
3%
41% Apr
25
'
Apr
27%
Apr A 6
2
Jan
1
9%
Mar 31
11
36'AJan 21
4'A Jan
<
38
'
9.
,40
100
Nov
l'A
7
100
Products-—
Dec
63%
4
-1
...100
22%
-
6'A Jan
6% Feb
—.«_5
Checker
146
Jan
3%
18
Oct
Jan
3%
104
Nov
Deo
35
Oct
3%
Nov
32%
Dec
'
146
19
Jan
18%
Oct
12%
20%20 Va
.
19.
19%
—
,
r
•
:
v
40
5%
conv
•
•
5,200
<
.
1.100
.
•
4%
39%
Jan
July
52
Jan
2
1« Jan
5.
,
preferred
2d preferred-
—
32
Jan
%
4
1%
3
>4 Jan
% Mar
Apr
3
8%
Mar 30
11%
1'
15
17
24% Jan
38
67% Jan
10'4 Jan
7
76% Mar 30
par
2
15% Apr
6
99% Jan
4
103'4 Apr
3
Feb
10
42
2% Jan
13
5
27
par
33
67
r:
par
par
par
-100
39
130
13
Mar 17
101'AJan
:
t
Jan
6
27
Mar 4
Jan 18
Nov
13%
2'4
May
Jan
9
Jan
92
.
May
32
2%
28
120
Oct
Mar
Jun
Dec
Apr
Jun
Mar 30
90
Apr
2
50'A Feb 16
150
Mar 30
11%
Jun
67%
48% Mar 30
39Mar 31
Jan
101
Feb
65'A Mar
Jan
4
62% Jan, 11
Jan
Dec
107'4
37% Mar 29
■
38'A Jan
2
33'4 Jan 12
43%
Sep
Sep
Sep
22
105
Jan 23,
6
20
l'A
113% Mar 16
7
Feb
1
Mar 26
68'A Jan
2
8
2
5
22
May
95% May
77% May
47
20,
Apr
5
108 /4 Mar 31
2'4 Jan
3'A Jan
2
3
Jan
2
2.50
15% Jan
6
2.50
15'A Jan
2
,
12
Apr
.12% Apr
20% Apr
20'A Apr
70'4
Dec
10% Aug
99
Aug
34
Apr
3
Jun
39% Nov
125
Dec
72
Mar
112% Nov
31%
102
Dec
Dec
84% Mar.
50
Jan
Apr
44
Jan
25%
Apr
36'A. Jan
139
Jan
149
Nov
56% Mar
92
Nov
55'A
63%
Jan
Feb
11% Mar
97 V*
470
Apr
10% May
107%
108
May
13'A May
%
Apr
Jan
Feb
17% Nov
66
14V4 Mar 15
2
-100
25% Mar 30
110% Mar 25
18% Apr
6
Feb
Feb
Jan
May
470
16'A Jan 11
10334 Jan, 12
17% Jan
4
108- • Jan
7
14*4 Jan
4
25
32'4
—
—
-100
109
A'32% Apr
4
28% Jan 22
84
par
Jan
Feb
\
2% Mar
109% Jan
50
No
•
123
No par
Columb Br'd Sys Inc cl Ki
Class B
3
Mar
4
4
No par
'
;2'A Mar
3'A Mar
;
2
No: par
Corp..
1st
a
.
88
preferred—'
Iron
22
;
% Mar 16
145
Colorado & Southern
330
Jan
Apr
47
—No par
—
2,660.
4%
17%
33
8
50
—No
Colo Fuel Si
3.950
•
Aug
5
52'A Apr
100
4,900
■
12
40% Apr
6
1% Jan
No par
(The)
Collins & Alkman
20
5
8
—50
Colgate-Pahnolive-Peet_l^—No
t$4.25 preferred;
1
No.
290
20 V*
19%
Peabody & Co
Coca-Cola Intern Corp
5,000
10%
gtd—
Preferred
9,500
;
7%
fClass A
•
Apr
Jan
13% Jan
_1Q0
gtd 4 % stockMolybdenum
Coca-Cola Co
80
A
7% Nov
48'AJan
' AA Jan
11% Jan 12
No par
(The)——1
Special
2,400
6
37
$4.50 pfd_'_
tClev & Pitts RR Co
Cluett
15% Jan
par
100
-
preferred
Climax
■
Ilium
Sep
par
100
Ry. Co
!
Graph Bronze Co
5%
2,200
-
No
Louis
13%
Jun
5
& St,
Jan
Jan
—100
preerred
Nov
2%
„100
No
Ciev.
—
10
,
C.
8%
Jun
8%
^—5 "".
—
El
5,100
17%
11%
10
C.
Jun
1%
4%
par—10
Equipment
5%
Dec
2%
5
No: par
—25
Clev
—.
98%
23%
10'%
T.
C.
70.
2%
1
5
17% Apr
No
Oil—
preferred—
5
6% Apr
,
13'A Apr 1 6
_100
Cab
Feb
4
6
—100
Cotton
Jan
98
4
—100
—
City Investing Co
60
113
10'A
11%:
11
Pacific—
Corp
City Ice & Fuel
600
*•106% 107'A-
16%'
&
Chrysler
10
19%
22
Isl
36%
Jan
No
Copper Co
6%%
10% Jan
cum diV—--No par
preferred
Chile
—
*111
^50
No
-
Oct
27'/a Apr
89
Apr
% Apr
Mar 16
15'4 Apr
7
6
5
100'A Nov
9'A
8% Apr
7% Jan
;
preferred
Chicago-Yellow
—
A'A"
64 vA
18%
17%
Rock
1%
6 %
.
Apr
44% Apr
2'A Jail
n
preferred
,
Jun
5% Apr
* 100
40
—
($2.50)
Clark
36%
:
2
par
14%
20% Apr
—50
City Stores
*740
24'A
Chic
■
30;
45%
64
107 VA
conv
2,300
91
97%
113
$3
1,800
36
*145
"l9%
preferred
tPr pf
70
104%
65
2% Jan
No
Chicago Pneumat Tool—
>
4,200.
111%
.
Co
Chicago Mail Order Co
16,600
A),
5
Sep
93
105'A Mar
2
95'AJan
*
Chiokasha
.
33% Jan
15%
20'A Apr
,
13
3—25
Childs Co
76
98%
5%
•
50
60
36.
-
100
-
A8% Jan
100
A
5,200
132
45
,
Class
1,200
,
5
Chic-& East 111 RR
3,200
.
Mfg:
Chicago Great West RR Co
4.200
3,500*
Cab
A
_;_100
Preferred series A_:
200,
*
No. par
Chesapeake & Ohio Ry__.
8,500
-
—_No
—
6%. preferred
%
*90
A
17,000
,
41
*52
*740
113
Jan
'A
56
No. par
Pasco Copper
377a
36
91
146
107'A
15
*103
60
64.
16'A
50%
29 V* Apr
8
3
29'A Jan 22
1.100
Cham Pap & Fife Co
•
11,400
74 Va
111%
.....
36%
*90
99%
19%
37
36%
146
1,200
1.200,
104
*65
37%
113
■
36%
*52
64
1
Mar 27
7
% Jan
6'A Mar
.:
19% Apr
250
32'A
*125
AV
*103'A 104'A
60
99
Dec
17% Jan 12
18
Jan
5
99% Jan
8
2'4.
41
76
111
91
64
20
132
*65
111
36%
24%
19
*125
74%
99%
V 12
42'A
47%
37%
17%
.
46'A
37%
17
A
par
Co
Chain Belt Co_
17.800
;
15%;
14%
47%
37
Jan
Jan
par
1.000'
23,800
2%
*103
47
36%
95
:
65'4 Apr
16,200
3.4
72%
15
*90
*110%
11%
*41
111
104%
Nov
Dec
10
8
500
\h
32'A,
75%
104
*52
25
12%
11'A
*11
42
104%
10%
69Ve
5
.
5
6%. prior preferred
-
20,500
15%.
'
-
33%
60
*110% 113
17%
14'A
2%.
91
47%
24%
74 %
*103
15%.:
48
47%
107%
25
110
: "
15%
*36%
105
6
6
15% Jan
13% Jan
No par
4%%
Lt
16'A Apr
'
32'A Jan
•
i'%
4%
60
19%
107%. 108
*32%
i
753/i
132
5
—100
Foundry
111
Feb
22% Apr
„
No-par
-
6'A
83'A Apr
22'A Jan
—100
1
24%'Oct
21%. July
3% Jan
9-'
10
—
Nov
8
1
Co^
Oct
Feb
44
Jan
53'/4Mar
50
-
3%
Jan
100
1%
37%
*104'A
*740
•
2%
4%
111
par
No
5
Jan
16
41
Apr
8
6% Mar 24
40%;
*13'%
15%
104:-'
64
19%
14%
38%.
'
*740
*13
■
4%
*70
No
9% Jan
9%,
72
'.
par
2
20%;
1'%
38%
*125
—100
Jan
2%
A,
7
;
14
;si3%
"A' 1 Va
2%
34 '
No par
.—No
5% Apr
Jan
3.300
%
1%
1 Va
16
98
98
19%
■14%
1%
•A -1
4'A
74%
Apr
2
Jan
.
12%.
18%
38'A
130
:
-
16'%'
51%,
.
4%
110%
2%
2% Jan
3
14 ;;A
1 *40'A-,
;
13
1 a
38'A
UQ.%
Feb
x33
5%
4%
*60
Sep
19%
35%
-
1
-
3,340.
1.7%:
38%
130
Jan
4%
25% Mar 16
2
No par
43%
5
37%
*36%
*145
*64% >65
:
76
*103
16
3 2'A
47%
146
98
32%
37%
'*52
47'4
36 'A
2%
18
6
2
Cerro de
99
4%
38'A
74%
*39%
60
46%,
*13
16%
2%
*41
5
14%
16%
15
y UL'A
'37%
*13'A
104%. 104'A
.
105
*52
15
130
*70
*110.
76'A
102'A
42
*37'A
*110
16%,
2%
31%
75
14%
:<
52'A
'%
1%
1 Va
.15
15
52'A.
1
1%
.
.
15
lit
..
51%
1%
1
*145
2o-ya
51%
%
1%
4
21%
40%
5
6
-5% Jan
20% Jan
Certain-teed
17%;
15,%,
I2
A*
13
20%
52'A
40%.
Apri
8% Apr.
21'A Jan
10,100
"
13'%
1
:
*50
Sep
Nq par
104
7
5%
17%..
S:
40
10,800
•
19%
42 '/a
•
1
8
11%
22
;
10
19
16
14%
5%
17%
21%
f:
*96
14%
5% >
11%
22
8
Century Ribbon Mills—
A: Preferred
,1
57%.
,19.%
*102%
99
17'A
21
59"2 Apr
4i
——30
Central Violeta Sugar
300
'
11
20%
6
■•;,; tCent RR of New Jersey
3,600
5%,
'
19
104
17
20%
jan
Central Aguirre Assoc
20.000
•
%
40%
A 5%
3.9%
20
44%
99'A
8
15%
15
5
6%
'
19%
8'4
7%
5
-
101
*98%
44%
19%
43%
v
•
15% "16%
18%
V
20%
43'4
.
5% Apr
Zinc—1—i— -5 >
Corp—
Central
70
59%
19%
20
4
10
preferred
3%
,
*19%
5%
19%
Aa 5%.
6
19%
'
107'A
41:. A
6
19%
43
2% Jan
Mills-
Celotex
60'
3
12 %
19%
103
.
$3 preferred A
*107
3»A
107%
16% I' 17 %, ;
A 6
A
••;■' 6
*98% 101
6
101
19%
3%
*107
19%
*102% 103
Dec
1
prior preferred
7% 2d preferred—
16,700
2
Dec
% 1%
370
14'%
88'A
,
-
;A
Ill
14%
Dec
57
.
•
Nov
20%
55%
Celanese Corp of Amer
No par
5% series prior preferred
..100
130
/ 130
19% May
14% May
26%
2
Apr
Caterpillar Tractor
16,300
5
* Apr
Nov
Preferred
4,400
Apr
27
51
Packing-
Case (j; I)
f
110 A
122'4' 122.'%
88%
57
6
32%
*100
;
14%
3%
■»
*98%
1
62 %
A
102 V
2.800
46%;
-84'%
102 VA
;
88 "2
12%
*5'A
101
46.
A 122%
109%
107'A
16
5% ••: 6
j;
19%
11%
16.%
y
138
14%
*106
6 "/
98
108
bd%
3% y
107%
16%
98
5%
110
19%
11%
9%
100
38%
19%
*5%
6%
*98%
19
122
14 %
3,800
35
2
Oct
53
tCarolina Clinch & Ohio Ry
Carpenter Steel Co——
Carriers & General Corp;
2,400
'
•'5
106%
35%
*100
*88
860
29%,
t
-
*138 t,
-A"';.
-
34
102'A
109%
14%
88%
47
122%
122%
16
9%
*5%
-
34 r-!?;:
*100
110
14%
*88
3'A
106
106
16
15%,
110
14%
88%"
19%
18%
13%
88'A
....
33%
123
83%
13%
*88
"A;
47%
"
:
.
Oct
6
7%
1
Capital Admin class A
'
'
47
102
123
109%
109
109
46 %
y
Cannon
7,000'
25
15% Mar
1
tCanada Southern Ry Co—1_100
Pacific Ry—
23
-
96
29
A'
Sep
6
Canadian
900
,
8%
A A 4%
'.5 "-A
50
42
*41%
•A 95
30'%
5 '-•
j-r
'
-
109,300
Sep
12% Apr
Calumet & Hecla Cons Cop
Campbell W & C Fdy
Canada Dry Ginger Ale;
17,400
-
.'
5%
'
63
Apr
61% Apr
ts Va, preferred,
10,500
Dec
2
Callahan Zinc-Lead—'—
37,300 A
18%
8V4
,
108
45
V.
9% .10%
A 40 'A 40
42';
108
33%
8'Ai
-
Dec
85%
,v',
16% May
54IS Mar
preferred—100
California
20
3%
Jun
"•
I.
.
4
•
Participating preferred
Byron Jackson Co^__
8,600
18%- •20%
9%
*41'A
•
.96*
5'%
8
18
A
A
IV*.
Apr
47%
9'A Jan
preferred
5,400
28%
55
■
Bldg 1%
4,700
20%
1 Va.
•A
406
82'%
■
/'
Oct
Dec
,
53% Mar
Byers Co (A M)—
.
19%"'
8%
•
11,300
.
10 %
9%
"42
14%
14
A 27 '/A
A 55
10%,
41 % ?
9%
U *41%
Butte
>*36%, .38%.
11-'" r
*40
9%
42
32.200.
19
'
38
5%
•:-/
1%'A
9'A '
;
"19
21
Butler Bros
700
'// 81-
56%
8%
21
Bush Term
10,509
"/ :■
28%
"
1%
19%.
19%
10%
•
28%
*55
690'
8 'A
4%
16
/
Jan
14%
'
—100
24'4
&
Nov
35
par
:
33 %
Copper
10%
A
preferred:
conv
1%. Jan
—No
Terminal—
24
5'A
21%
9%.
*37
11
No par
ser_
32
83%
1%,
'
93%
29%
37
58%
:
♦8'A;-;:
15%
19'%
<1-
#;
5
4%
58 %
24% ;V-
21
55%
8%
'
'
93'A
/
8%
8% '
83'A
-
28%..
1%
19%
19%
37.
83
*55
1%,
19%
.
•16%
28%
56%
m
20%
;/•••'
42
29
*55
1%,
19%
40'A
9%
,
28%
56'A
(uV 18%
9%
,V.
21% -21%
8%
42
9%
8% / v:
15%
8%
37%;
5%' :
59% 1 '•
34%
24%
1 'A
19%.:
•
*33%
-•
8%
24%
4%
28'A
.18%
.19%:
*411'
34.1/.,
8%
24%
8%
.9'A
34
8%
*55
pref $2.75
pi'd $2.50 series
•
22%
8
*41%
34%
:
5'4.
58 V2
:
83
1%
*18%
34%
5%-
58 'A
21%
28%
1%
5
bu
81-
;
55.',4.
Conv
Conv
'/
1
Apr
11%
24% Jan
20'A Jan
12'4
1134
Jan
,
%■ Jan
5
par
Buriingtbn Mills Corp.—
Nov
43
29'A Apr;
-—..No
2,300
24;000
35%
10% Apr. 1
18% Mar 31
5
4
25'%
12%
4
14'A Jan
19% Jan
32%
••
15
28
12%
12%
6% Jan
1
par
-
Jan
Apr
A Apr
7
Apr
28% July
9% Apr
'3
16
Mar 29
9% Apr
No
—
/.24%
26'A
24%
4%
15
80
35%
8%
12%
*.5%
"bo/a'
Forge Co
'
12%
5%
63
*24
24%
12%
5%
..
.*58
8%
*24
12%
—No- par
31%
;-r; 25%
100
12
Wheel—
Buffalo
100
12 'A
58'/a
Budd
80O
61%
12
:
:
17,000
27 ■/■:
'9%
Nov
1
% Mar 12
76% Jan
'
28
61 %
i'61%
-
18%
27%
33
r61%
io'/s
10'
Nov
21%
26
-r
10
9%
Jan
30
1
13
Co
Jun
v*!"
2
1% Mar
27
Sep
7%
25
^ Mar
.
15%
5
29% Jan
»
(E G)
t?%
Dec
3%
'
par
No par
*
preferred—
Budd
Dec
28%
Jun
44'A Mar 30
ft Jan 13
—15
7 %
22%
Jan
27% Mar 29
37'A Jan
Dec
1%
34
Apr
5
23% Mar 30
Jan
43
19%
<
3
9
5
58
9
20% Jan
par
Bucyrus-Erie
370
Feb*
20
par
par
21.900
95 »A
'
99%
5
Inc—
Brown Shoe Co__*
70
'
B
Stores
■
Bruns-Balke-Collender—No.
22,400
;
*110
5%<
69%.
5,600
1234
9% >/
5%
-
l'A
■,
'•:
17;
9%
iiT
ia>(:
.1-
3,200
4
*112% 113%
•;/
class A
5
—
Boston & Maine RR—._L
Bower Roller
1,300
:■ .-42
::C
Bond
9,800
42
38%
*16%
9%
6%
100
-
17'4
113%
114
Apr
13'A May
18% Mar
Glass
••
13,200
1
14
13%
>13'A
'
8%
1
1%
13%
30%
11%
I'/ 42
16
Feb
46% Mar 16
26%
:;
95%
22% Mar; 23
11%
-
May
400
■
24%
42%
Jan
2
24%
43
Dec
21%
8
33
■
Jan
75
17
Jan
i 22% Jan
*23
v
12
8
■
38% Jan
Borden
i9o
Apr
72
12'% Mar 31
No
Co
Borg-Warner
43"
Jan
12
Ami
8,300
*41'A
Jan
14%
11%
91% Jan
Bon
13,200
1^
Jan
Jun
' July
13% May
25 1 May
25
7%
Jl—No par
30
12,400
<
Dec
19%
;
13
5%
33%
12%
29
,
Apr
41% Jan
30%
27
Apr
Sep
97J
29%
■■
5
21'A Mar 30
25%
12
\ 14%
2
26%
26%
76
18%
G
5
per share
9
31%
•
26
.
>.
S
Jan
140
24%:
5
9Va Jan
19% Mai*
2
Highest
$ per share
Mar 23
9% Apr
17'% Feb
4
13% Jan
100
Boeing Airplane Co
i
Bohn Aluminum & Brass1
2,400
3.800'
'
No
Jan
6'% Jan
35
1942
14% Jap
28,600
26
/
16
,
$ per share
8
rrcvious
700
1
46%
33 % r 34
-No par
t1'
46 %
-5
Mfg Co_
Year
Lowest
.
share
27% Jan
par
•22%
5%
No pur
Bloomingdale Brothers
Blumonthal & Co preferred
22
*23
43%
'A
93%
93%
5%
12%
42
•y 50 y;
$ per
par
5
22'A
,
'33%
*42
%
'
•
/
53%
•
For
Black & Decker
60
18
Range Since January 1
Lowest
Highest
-
Co_j
-—-No
Bliss & Laughlin Inc——
40
v:; 17
1.9%-
•
'
Blaw-Knox
300
v
'
*■
-
31
28%
-24%
12%
43
%
13%
<
3,800
88
♦
Range for
STOCK
Blgelow-Sanf Carp Inc
20,500
12%
-
26
•
26% > 27%
42
43
•
*23
12%
27%
*40
{>. .9o
,
l'A
:/■
1.7
88
'
%"•
*
YORK
EXCHANGE
.v
22 %
'
: 22 %
33 V2
24%,
12%
T 27
43%
•
34
*23.
12%
26%
6%
33%
24%
*43
43%'/..;
*■%■
NEW
1.900.
.8%
*11%
46% '•-■46 Va
6
11%
/ V
for
Shares
19'%
8
*1.6
•1214
*91
■
/
32
6'A
*23v
V
1 18%
9%
90
19
46%
22%
A 33%
.
•33%
-•53% '53%
94
*
5%
12
<33%
17%
12%
19%
■
32'/a
■
share
-
90
'
< 54
25%
25
42
U
46%
33%;
*43
53 %
*45%
;
*23'.A
•
19%;
53%
40%
6%'
33%
93
20
,
52%
94
32%
6
19%
112'A
*90
*91
26
$ per
19%
8%
*16
17%
12 %
93
93%
22%
26. ':?<
the Week
34%
19%
9%
*16
13
<89
/ ". •;' 46%
22%
8%
Sales
Apr. 9
v
share
per
*33%
34.'•
19% ' 19%
9%
93.%
48
$
per share
33'A
17%
*12%
'•
20%
5334
52
.95
>
.
19
V
17%
13
:
$
Friday
i/// Apr. 8.
'
17'A
*12%
i
35
8 7>
STOCKS
Thursday
Apr. 7
snare
19
9'A
17.
90
l
per
34%
18%
8%
17
*12%
34
18 'A
8%
*16'A:
S
RECORD
PRICES
Wednesday
1
Apr. (i
stiar*
.1
HIGH SALE
Tuesday
Apr. 5
.
AND
1331
18%
Oct
Dec
18%
4
Dec
Jan
'A
Sep
5%
Sep
5
Sep
6
2
1
7
7
8%* Apr
16%
Dec
8%
16%
Dec
May
% July
Apr
NEW YORK STOCK
Monday
Tuesday
Apr. 6
Apr. 7
Apr. 3
3 Va
3%
3 Va
3%
3Va
3 Va
58
57'/a
58%
59'A
59%
59 Va
59'A
59
59'/a
58%
59 Va
53%
54
54 Va
54 Va
56
56
57
57
54
54 Va
92
91
91
90
90
89
17 Va
17%
16%
17 Va
17
17%
15 Va
,;16%
37%
37JA
*36 Va
37%
*35 Va
36 Va
36%
34%
35 Va
106 Va
*97 Va
106 Va
97 Va
106 Va
,
17%
16%
*35 %
35%
*97 Va
14 Va
*109%
14 'A
1 14 »/4
5'
38%
110%
14%
14%
110
110
37%
*35%
35 Va
36 Va
35 Va
*97 Va
106 Va
*36
38%
39%
38 Va
>
37 Va
37%
37%
110
18
35%
106%
*971/2
*91
14%
ih
%
tt
497/s
49 Va
49%
50
51%
50
51
24
24%
24 Va
24%
24%
24 Va
24 Va
24%
24
24%
51/4
*5;..:
5%
5%
5 Va
5'A
5%
20%.
5%
17%
18 Va
17%
98 Va
98 Va
98'/a
*98 Va
100
101
5%
<•
20 Va
97%
*
98
*
3%
3'/4
•v
6%
6%
19%
20 %
96%
97
1%
1%
1%
14%
15 Va
14 Va
3 Va
15
14 Va
3%
'•
3 Va
3%
,,
6%
26%
7Vb
,
7,500
10%
11 Vb
9%
10%
97,600
20
20%
18%
19%
27,800
Consolidated Vultee
26%
26%
26%
26%
26
26%
26
25'/2
4,900
7Va
7 Va
26%
::. 7%
25Vb
7 Va
7V4
2,900
Consol RR of Cuba 6ft
:n%
6,800
Consolidation Coal Co___
.
7 V4
7'A
,
7
14
14'A
13 Va
13%
13%
13%
*60
61 Va
59%
59%
60%
61
13
56
97
94%
96 Va
*95%
96%
95%
95%
21
21%
211/4
21%
19%
21
7%
8 Va
*103%
13%
45V4
46
.
.
,
7%
8%
103%
103%
32
103
13%
12%
13%
49
47 Va
48
6%
34 Va
35
34%
34 Va
25%
25%
25%
25
25
141/4
14%
14%
15
14 Va
15
14 Va
14'/a
*48V4
48%
48%
48%
*48%
48%
48 %
48'A
44%
45V4
45%
46
45%
46%
46
47
54%
55%
55
55 Va
55%
56
178.Va
179 Va
*178 Va
4%
4%
1%
1%
1%
1%
18%
19Va
18 Va
;
6 %
6 Va
60
45 Va
46%
1,150
54 Va
55 Va
6,800
Corn
4%
*
1 Va
1 Va
18 Va
102%
1%
2,600
18%
17,400
530
7 17 Va
103
103
22 Va
22%
21%
21%
21 Va
21%
16
16%
17
17 Va
17
17 Va
15%
16%
16 Va
16%
15%
16%
24%
24%
24
25
25 %
24 Va
25 Va
24 Va
24%
22%
24%.
42
42
41%
*41 Va
41%
41 Va
41 Va
*41 Va
14%
14 Va
90%
,
14Va
90 Va
14V4
*89V2
90 Va.
14%
37%
37%
81 Va
80%
17
16%
17
9%
i
17%
16%
*101 Va
3 Va
3%
3%
70
19 Va
18%
19
16'/a
18%
22
22
22%
5ft
900
102
102 Va
*102
3%
3%
:
102
1
71 Va
71 Va
75
69
70 Va
34
36
31%
33%
4% ft
100
9%
20%
9%
9Va
9Va
24%
24 Va
24%
23%
100
>86
*97%
100
92
92
20%
20%
20%
9
8%
24
100
*97%
*86
92
9
24%
9
*86
167/a Nov
Apr.
Apr
Jan
94
% Nov
Jun
Jan
Oct
8
4% May
7%
NOV
No
-
'
3
3% July
8V4
Jan
Jan
9
'Nov
Jan
4%
7
39
'Nov
33% Mar 31
14Va Apr
.
49
Apr
6?
8
6% Apr
8
Mar 30
96V4
May
11% July
16%
Jan
77
Oct
Apr
5
Dec
Apr
2%
103%
Jan
21%
Apr
5%
Sep
8%
Jan
30%
Apr
42%
Dec
2% May
4%
Nov
28%
Dec
17
Apr
27%
Dec
2
50%
Nov
8%
Apr
Apr
21%
7
12%
Jan
Mar
51%
Jan
Apr
37%
Dec
58
Dec
176
,
8
37
,
6
;
2
Jan
2
2
77 14 Va Jan
>
95
Jan
16% Jan
Jan 15
par
7 >18% Jan 12
par/.. .37% Jan 6
5 .,7.11% Jan7 4
par ' :•%81% Jan
2
par
•
;32
Jan 11
100
71% Jan
7
100 7
9% Jan
7
100
7% Jan
9
100
105
Feb
1
100
92% Mar 20
.
180
4%
1%
2 7,19%
-5'4104%
4
23%
2% Jan
^ Jan
.9
.6
Mar
3
Mar 30
Feb 16
45
23%
42% Apr
159
Apr
3% Nov
2% May
U
Oct
179
%
Apr
Nov
Dec
Mar 29
Mar 17
10%
Apr
14%
85
Jun
98% Nov
Mar 12
12%
Jan
16%
5% May
9%
17% Apr 5
26% Mar 30
44
Maris
-14% Apr 6
91 Va Feb
9
37% Apr
6
82 6 Apr
6
* 17% Apr 8
10% Mar 30
Apr
96% Apr
110,
10% Jan
4
20% Apr
18
8
23
8
2
6
Jan
41
Mar
10
Dec
20% Nov
V14% May
32
Dec
Apr
12%
May
23% May
88%
Jan
39%
Nov
63
77
Sep
Jun
84
Nov
8%
Jun
13%
Jan
5
Jun
9
Jan
Jun
140
Jun
88
V
Jan
95%
8% May
13%
74%
'•
19%
Dec
Jan
Sep
Mar 31
13
Mar
Feb
100
Jan
2
Oct
13% May
32%
Nov
2
2
102
Jan 23
4% Apr
8
76 - Mar 23
36
Apr
8
9% Apr
8
90
Jun
20%
Oct
9 Va
Jan
2
24% Mar 29
18
Jun
25%
Jan
Feb 26
84
Feb 10
15% Jan
4
100
Feb 10
87
Mar 31
21 % Mar 29
80
Jan
95
44
Jan
81
12% Jun
18
Jan
8
100
Jan
1% Jan
,- 30% Jan
par
17
Jan
2
2
-
6% Jan
Jan
22
100
pfd
$8 preferied
82
18% Jan
1
96
No par
JVo par
Cutler-Hammer Inc
4,300
7
2
25% Jan
1
Cushman's Sons Inc 7ft
10
20%
8% Apr
7
103% Mar 25
22
x9% Jan
No par
A
Class
92
20
20%
Mar 12
<
5
Jan
Jan
"
.
100
No par
Prior
4,100
105
*86
92
20 Va
20 Va
*97%
105
preferred
(The)
preferred
Curtiss-Wrlghfc
94,800
23%
2
26% Jan
5
Preferred
6
6
*7
30
Inc
Press
Curtis Pub Co
4,700
23%
-
Cudahy Packing Co
1,170
34
conv
Cuneo
74,800
69
No
conv
preferred
preferred
Sugar
t7ft preferred
6% ft conv preferred
50
4%
3%
4 Va
31%
*97%
Va
No
13,700
22
102Va
No
-No
.
22 Va
3%
8
14% Apr
7
40% Jan
No par
preferred
Crown Zellerbach Corp—
7
t$5 conv preferred
110
70
9Va
*86
20
40
32 Va
24
21
110
2
Cuban-American
22,500
69
8%
92
*96
110
*96
110
*107
110 '
110
110
Corp (The)
Cuba RR 6ft
510
9%
9%
$2.25
1,700
17%::
*16
32
23%
100
20%
79 Va
lOVa
72
v
23%
23%
78%
17 Va
9%
32 Va
31
8%
*86
81%
16 Va
*102
102 Va
3%
3C%
8%.
81%
17
18%
23
102 Va
69%
30
81
7,ooo
22
20%
*101 Va
3%
3%
68
18 Va
22 Va
37%
19,200
10 Va
100
Crucible Steel of Amer__
180
35%
"
102%
*101%
19 Va
90%
*96
110
23
is
13%
90%
34%
*107
109
*96%
110
*22 Va
23
*22
*97%
*94 Va
110
*941/2
13 Va
37%
9 Va
10 Va
9%
109
111
*108
111
.*108
10 Va
:;
14%
90%
♦16
preferred
Crown Cork <te Seal
200
14
Va
25
Co
conv
5,600.
■
36 Va
14
5ft
Jan
96
1
1
Croslty Corp (The)
80 Va
82
16%
42
Crane
Jan
16
_100
Cream of Wheat
90%
*90
37%
80%
9%
9%
36
16 %
v.
%
Sep
3
.
_
2,100
36 Va
90%
80
16 V2
Jan
-
Jan
.,
Refining-
7,000
7
90%
14%
14%
*90'A
36
35%
*79
7%
4
11%
78
1%
25% Apr
6
15
Apr 6 5
50 6 7,45
Jan
6 7 48% Apr
5
__20
37
Jan2
47
Apr
7
25
; 53% Jan 20
59% Mar 4
Coty Inc
Coty Internat Corp
103%
1%
19%
1 A
19
103
4,500
4%
4%
4%
Products
tPreferred
130
178
22
*41
Feb
Feb
6
61% Apr
5
98% Mar 19
22% Mar 29
8
tCorn Exch Bank Trust Co
55%
22 Va
*41 Va
tConv
48%
46%
*48
89
6 x4% Jan
5
55%
178
7
4Vs Jan
—No par
3
46 Va
179
34% Jan
5
Del
Copper weld
48%
16
—1
Continental Steel
5,300
22'/a
25%
of
1,200
14
22
42
Oil
23%
13%
r.:
;
.Corp
Steel Co
pref 5ft series
Continental
33%
23
4%
103
-
10,600
32%
14%
*48%
.
12
Jan
$2.50
Motors
35
*177 Va
18 Va
103
Continental
172,300
25%
178 Va
1%
1 Va
18% :?19%
Insurance
14 Va
34 Va
4%
4%
Diamond Fibre
6%
22
Va
Dec
89
97%
Apr
27 Va Mar 29
Mar 22
4% Jan
20
Continental
Continental
5%
6%
102%
21%
7
7
100
2,300
*24'/a
178 Va
180
1%
3% Apr
25
25
;.
11,000
<
103
102%
103V4
10
12%
74% Aug
83
9
11 Vb Apr
•
No par
Continental Can Inc-—
7,800
13 Va
48
35%
4%
32
30 Va
14 Va
47 Va
24 Va
4%
8ft preferred—
13%
35
'
Jan
21% Mar 29
No par
Corp of America
200
47 %
6%
Container
103%
32%
32
32%
510
7%
,
32 Va
35
54%
Jan
3%
18%- Dec
Apr
2
100
conv
*101%
103
48
24%
179
23%
Jun
7
9
25
Continental Bak Co
14 Va
6 %
1
Jan
.
___•
preferred—_
tConsumers Pow $4.50 pfd
5ft
9,100
48
6%
7.7 5%
15% Apr
18% Apr
100
-
30,400
13%
13%
45 Va
pfd
Apr
1%
12% Apr
9%, Aug
1% Mar 30
11
2% Feb
1
44%: Jan
17%
5
11
Dec
21% July.
7
% Jan
No par
Aircraft
7%
32%
32%
32
13'/4
45V4
8'A
103%
8
8 Va
103%
Preferred
1,000
•
22%
7%
Corp
Oct
Jan
98% Mar 17
7% Jan
Dec
34
'
56
96
*103
7
Jan
ii
8
6% Apr
20% Apr
Nov
"
7%
21%
18%
Oil
11
13
•
7
—1
$2 partic preferred
—No par
Consol Laundries Corp—;
_5
20%
96
103
5
19%
22'A
4%
5
7 91% Jan
5
105%
10%
6
Apr
Apr
7% May
3si Jun
8
19
Dec
109%
1
Apr
29%
20%
98% Apr
8
102
Mar 16
2
15% Jan
JVo par
10
21%
541/4
4% Jan
No par
Coppermlnes Corp
Feb
6
Oct
Jan
100% Mar
6
25
5
6
$5 preferred
.
Consol Film Industries
Apr
V
Oct
35
91 Va
Mar 25
21% Apr
2
Jan
Jan
Consol Edison of N Y
10 %
.
10% Jan
89
90
Consol
2,800
20%
96
5%
7
——100
100
10
60
32V4
13
49,700
;;
3%
22%
104
2
>2% Jan
A 17% Jan
7ft preferred—,
V6% ft prior preferred
20 Va
14 Va
7%
21 Vb Jan
No par
No par
No par
1
10%
61 Va
15
;
25
Co
Congoleum-Nairn Inc
Consolidated, Cigar
5,400
97
177%
Edison
Commonwealth
Conde Nast Pub Inc
2,800
22
•
;% Feb 15
51% Apr
7
20 Va
14
5%
M preferred series——No par
2
2
1%
59%
34%
15
& Jan
36% Jan
14 »/4
97/
*24
2
Commonwealth St Southern__JVo par
„
48,400
.
19V2
61 Va
31%
9'% Jan
66,800
11,400
w.
No par
Consolidated
14V4
*102V4
111
preferred
conv
7 Va
20
*6%
7%
5
4%%
Comm'l Invest Trust
8,600
3%,
11%
107'A Jan
120
3%
Dec
Jan
5%
t$4.25 conv pf ser '35_—JVo par
Commercial Solvents—
No par
8,700
6 Va
3%
3%
3%
84%
106% Mar 31
39 Va Mar 30
7,500
,
Jan
Mar
19
300
1%
Jan
45%
51
.V
54
104Va Jan
29% Jan
17%
13%
5
2'/a Nov
Sep
Sep
100
101
14%
Apr
18
Sep
29
16 Va
v
.9.7%
1%
7
Jan
Highest
t per share
30%
5
100
5%
14%
1%
15
9
8
8
1
37% Apr
98 Vs
7/7:19
97%
.,97-1/4
1%
13
1
8
40,300
6%
97
79% Jan
3% Apr
59% Apr
57
Apr
91
Apr
14
170
20%
19%
98
par
L—No par
No par
Pictures
20 Va
19%
26%
14
6 Va
20 Va
2
2
No
Co
9%
10
9%
6%
20 Va
97%'
Jan
37
25% Jan
7/ IOOVb
100%
oo
!
.
1%
1%
1%
15
101
7
6 Va
5%
20
97%
1%
100 Va
101
2
40% Jan
10
0 6,300
21 Vs
171/4
1% Jan
100
100
1942
I per share
S per share
Jan
19,400
*
No par
$2.75 conv preferred
Commercial Credit
"1,100
a
19
thare
24
5Va
98%
per
Year
Lowest
Highest 7
77;
37% Mar 25
(,24Va
20%
Carbon
7? f
Range for Previous
•
30% Jan 11
7 23%
2IV2
18
7
Columbia
49 Va
/ '5
98%
18 Va
8,500
U
:
Par
-
preferred series A
preferred
Columbian
47 Va
6
21'A
101
100%
19% -20
15
5%
21 Va
18 Vi
98
♦IOOVb
97%
21 Va
21%
.16%
16%
100
100%
>
21%
21%
20%
21
16%
•
Lowest
.
1,190
14
%
U
*5
.
13%
14%,, 14%
49%
*98
5ft
/ • •"/.•>
Since January 1
Range
EXCHANGE
6%
210
110
.*109
ia
y.i- > 49
4,800
37'/a
36%
38'A
49 Vb
V
L-
*
106 Va
110 Va
3/«
U
%.:
97 Va.
37%
14 Va
15
35%
*109 Va
39
110 Va
110
110
*
37
,1
Columbia Gas & Elec
149,200
90
'
STOCK
YORK
.
■
91
*35
37%
35%
3%
NEW
77.,;
37'/a
91
17%
91
3%
3%
3'/<
3 V*
*89
<
Sharet
53%
3 Va
57%
*53 Va
,
the Week
f per there
f per there
$ per share
$ per snare
I per share
I per share
Apr. 9
Apr. 8
Sales
7'•;
STOCKS
,
for
Friday
Thursday
Wednesday
Apr. 5
Saturday
Monday, April 12, 1943
RECORD
"
•
HIGH SALE PRICKS
LOW AND
;
CHRONICLE
THE COMMERCIAL & FINANCIAL
1332
.
12
5% May
Dec
Oct
1
Nov
Oct
D
20
*111%
17
*6
6%
77'/
6
6
*17
6%
20
17V4
17%
112V2
*111%
112%
16
110%
20
*17
20
17V4
16%
111%
*111V4
V-V
15%
15%
111V4
16%
113
111 1/4
33%
13%
14V4
14V2
14V2
14%
14%
14%
14'/2
15 Vb
34%
34%
3 5 Vs
341/4
34%
33V4
3414
33%
35%
32%
33%
33%
33%
*16
16%
16%
17
16
16%
16%
17%
8%
8%
8%
8%
xl8 V2
18%
*41
50
17%
1V4
15%
8%
81/4
71/4
33%
33%
331/2
33%
16%
*16%
16%
16
161/4.
25%
25
18 Vb
*41%
25
31V2
31%
38%
38%
38%
14%
15%
16 Vs
167/a
15%
161/4
27V4
28
29
31
30 Va
30%
*901/4
*1Vb
IV4
18'A
26
31%
31%
7%
8%
50
*28
*38
I6V4
17
*41
*30%
32
32
38
15
301/4
95
*90V4
95
■M 7
.7%
l'A
1V4
18
18'A
IV*
3,100
18'/a
,15,600
.
*41%
25
:
36 Vb Mar 30
Mar 31
Apr
5
29
Jan
5
34
12
Jan
2
17
8% Jan
2
17% Apr
5
3 % Jan
2
8% Apr
% Jan
5
3% Mar
5
l
16% Jan
12
19% Feb
17
'A
90Vb
90'A
13%
13%
39%
26%
25%
261/4
25%
26 %
131/4
39
7,
24%
25%
26V4
22
22
22%
22
23'A
22
23
23
23%
20%
21%
68
68
68%
68
68»A
67
68%
68%
70
67
69
139%
139%
140
140'A
140
140
139 Va
140
26%
27%
7 Va
26
26 Va
26
25%
25%
24%
7%
7%
6%
13'A
7
13 Va
13 %
13%
13%
122 Va
*115%
122 %
144 Va
144%
145 %
143 Va
127
127%
127%
127%
13
122%
*115Va
143
143
-143 Va
126%
126%
*119%
120%
120 Va
120 Va
119%
37 Vb
37 Va
38 Va
38%
38%
6%
6Va
6%
6%
7 Va
120
*117
*118Va
7%
13 Va
13%
122 Va
*116
145
127%
126
121
144%
*118%
13%
122%
138%
*116
138%
25
6%
13%
11%
Oct
4%
Jan
Jan
1 Va
Sep
7
ia
14%
18%
Apr
Jan
Oct
37
Oct
Jan
21
Jan
Diamond
18
Apr
27%
Jan
25
33%
Apr
a
8% Jan
20
JVo par
100
21 vb Jan
83 % Jan
8
No
par
10
No
par
5,400
15,700
No par
6ft
Match
partic
No
preferred
Corp-Seagr's Ltd
5ft pref with warrants
Dixie-Vortex Co
Class A
Doehler Die Casting Co
Dome Mines Ltd
6,200
1,300
Dow Chemical Co
3,500
Dresser
4.300
Dunhill
1,400
143%
143%
3,100
125%
125%
No par
.
Mfg Co
No par
Du P de Nem
130% Jan 12
16
Jan
8
No par
International
5% Jan
1
No
(E I) & Co
Duquesne Light 6ft
Jan
Feb
33% Mar
8
39 Ve Feb
23
16% Apr
5
31
90% Apr
5
1
13% Apr
8
Apr
40% Mar 31
26% Jan
4
; 39% Aug
6% Aug
9%
16% Mar
22%
Dec
70
87
Nov
Jan
9%
7% July
32% May
Feb
Dec
29
Dec
Apr
26
Dec
Dec
"
16%
23% Apr
8
8
Apr
16%
Apr
8
51
May
70%
Oct
Mar 30
95
Apr
134%
Dec
13 Vt Mar
16%
70
143
27% Mar 26
7% Mar 12
13% Apr
116% Mar
8
9
146% Feb
15
128% Mar
2%
Apr
8
Jan
112
Feb
Dec
Oct
7
10%
Nov
July
120
144
Jan
120
127
Nov
5
111% Mar
118%
Deo
13
39% Apr
8
7% Apr
7
2
162% Mar 29
108
Apr
181% Mar 25
170
Mar
8
41% Apr
5
14% Mar 31
26
11
Oct
15
Jan
30 V8 Jan
1st pfd__^-100
102% May
3
120% Apr
3% Jan
2
146 % Jan 20
178
Jan 18
20
No par
140
5
4
16
134
Jan
5
125% Jan
8
117% Jan 13
9
116
par
100
$4.50 preferred
Mar
13
Jan
2
38% Feb 18
22% Feb 20
15% Jan 20
56
Jan
5
No par
Duplan Corp
8ft preferred
2,900
par
.No par
,
Douglas Aircraft
122%
120
Jan
27/b May
14
126
*118%
Nov
37
145%
120
13 Vs
Mar 24
200
251/4
Apr
97/b
Mar 25
520
67
Dec
Nov
27
1,500
251/4
27%
30 Vb
41
90 Vb
21%
Apr
1
13%
25%
Dec
Apr
7
6
6
39%
26
10%
4%
18%
2 5 Va May
17% Jan
26
Jan
37
Jan
Raynolds A
Distil
90
Jan
110
Devoe &
9,900
39%
Oct
Nov
1,330
28%
28%
Dec
4
17%
12%
40
30 Vb
13%
25%
100
,
V:
Mar
102
15Vb Mar 26
12
20
29%
40
7%
pfd
Diamond T Motor Car Co
13%
7%
fDenv & R Q West 6ft
9,700
39%
127
16
50
Detroit Edison
15%
13%
*1151/8
6
Feb
100
Hudson
Delaware Lack & Western
14
40
13 Vb
17% Apr
Apr
Jan
Aug
8
114
11
Jan
15%
Detroit Hillsdale & S W RR Co—100
50
23%
Delaware &
16 Vb
13%
7
30,500
109,600
1,000
40
*12%
Jan
26
2%
3
10
38
13%
:
10
par
6
Mar
19
9
20
Preferred
Deisel-Wcmmer-Gilbert
31%
40
V
6% Apr
5
1
37%
13%
7
Jan
12
Jan
2
108% Jan 20
100
JVo
Co
31%
40
26%
St
32
13%
140
700
.
pfd
38%
*38
39%
:
Deere
17
(The)—1
Decca Records Ino
1,200
•
Corp
Dayton Pow & Lt 4% ft
15%
16
29'A
16
14%
v
50
13%
6%
4,800
13,500
Chemical
Davison
1.400
32
38Va
'
8Va
25%
25
32
38%
16%:,
39%
26%
:
7
34
33%
50
25%
95
18Va
18%
;
26%
*90V4
1 Va
1V4
181/4
*42
261/4
25%
93
*16%
17
17
IV*
18 V2
140
110
3% Jan
8
—25
'
1IV4
••
33
33%
33%
*16%
50
*90 J/4
7,700
*
Davega Stores Corp
Conv 5ft
preferred
'
I'/b
1
18%
*41
■
15
14%
34 Vb
*33
1,000
"
*18
20
17%
*111%
112%
6V4
6%
6%
*17
20
*17
17
16%
51/2
5%
5Vb
5
*17
4
37% Mar 31
20%
Jan
30%
Dec
10 Va Jan
2
14
Mar 30
9%
Dec
13%
Apr
E
37
6%
159%
160
181
181%
160%
161 %
161
*181
185
*181
161 Va
185
37%
7
160%
*181
38%
38%
39%
36%
38%
11,200
Eastern Airlines Inc
1
7%
7%
7%
6%
6%
13,100
Eastern
5
161
185
160%
*181
160%
185
156%
*181
160
3,000
185
100
41%
41%
41%
41%
40 Va
41
40
40%
40%
41%
39%
40%
3,700
*14 j/b
141/4
14%
14%
14%
14%
14%
14%
14%
14%
14
14%
800
36%
36%
36%
37%
37
37%
36%
37
36%
36%
35%
36%
13%
13 Va
13%
13%
13%
13%
13%
12%
13
Rolling
Mills
Eastman Kodak
6ft
Eaton
(N J)
No par
preferred
cum
100
Manufacturing Co
6,100
Electric
Auto-Lite
Electric
Boat
(The)
35
11% Feb
5
3
13%
13%
13 Va
3 Vs
3Vb
3Va
3%
3%
3%
3%
3%
3%
3%
3%
3%
10,500
Elec &
3%
3%
3%
3%
3%
3%
3%
4
3'A
3%
29,800
Electric Power & Light
$7 preferred
No par
$6 preferredElec Storage Battery
No par
3%
3%
48
48%
48 Va
49
49
49%
48
49%
49%
51
46%
48%
14,200
42
43%
43%
43%
43%
44
42%
44%
44%
46
40%
43%
5,300
39%
39V4
39
39 Va
38 Va
39
38%
39
29%
29%
29%
29%
29%
29%
*29V4
30
*531/2
55
115%
118
5%
55
55
*115 Va
5%
*53%
118
115 Va
6%
5%
55
115Va
6%
6
*53%
55
38%
*29
54%
38%
37%
38%
2,400
29%
29%
29%
800
El
Endlcott
.54%
115%
*113
5%
*113
115%
6%
6
6%
53%
*113
5%
53%
500
115%
60
5%
76,700
72
73
73
73
73
73 Va
73
73%
74
75
72%
74
890
73
73%
73 Va
75
74%
75
74
74'/a
75
76%
75%
76
1,140
*77
78
78
%
tt
For
footnotes see
*78
80
page
1339.
*78%
80
n
%
%
*78%
80
jg
12
Mus
*77%
81
12
3'„
79
3/.
20
3,800
Paso
5ft
Ind
Am
Johnson
Engineers
Public
No par
No par
;
Corp
preferred
3
50
100
Service
t$5 preferred
t$5% preferred
t$6 preferred
Equitable Office Bldg
:
"
]% Jan
shares-i
Natural Gas
Jan 19
4
2
Edison Bros Stores Inc
15,200
31% Jan
1
No par
-No par
—No par
No par
1%
31%
28%
33%
4
Jan
5
Jan 20
Jan 20
Jan
2
23% Jan
7
49% Jan
5
109% Jan 11
2% Jan
54
Jan
57% Jan
62% Jan
% Jan
4
7
4
5
8
16%
Apr
Vi Jan
May
Dec
34
4%
Nov
151%
Dec
180
Nov
36'A
Dec
Jan
3% Apr
8
A
Feb
1%
Nov
Feb
15
%
Jan
1%
Nov
4
51
17'A
Apr
351/4
Jan
Apr
8
Apr
40% Feb
8
15
Apr
32%
Jan
24
29
Jan
34%
Nov
19V4
Apr
26%
Feb
49%
Dec
46
29% Mar 31
39%
Apr
115% Apr
6
107%
Feb
6% Apr
8
IV4
Apr
55
Mar 23
75
8
79
Mar 20
Apr
76% Apr
1 J/4 Mar
8
1
Oct
112
3'/.
Jan
40
Apr
66
Jan
46
July
73
Jan
Apr
83
47%
A
Dec
Jan
%
Oct
n
Volume
THE COMMERCIAL & FINANCIAL
Number 4167
157
NEW YORK STOCK
LOW
1
Monday
;
Tuesday
Apr. 6
Apr. 7
Apr. 8
1 per thart
14
t per
14 Va
13%
49
14
A:,/
6%
6%
9%
*1%
1%
*41
12
Z
28%
15%
1%
1%
'41%
41%
24
/
11%
96'%
15%
16
16%
•
*
5'A
*90
•20
91
14%
*47%
48%
33%
33%
*108'/a
;V* /
:
/
6
20
91
*90
-/"•
1%
41
40 Va
23 Va
A
97
28%
29 Va
V.
91 V
14%'"
14%
V
14%
48 V2:
48%
48'A
48
48 V*
34
34
34 Va
33%
34%
108 Va
108'A
108%
108 Vb
•
108 '/a
36%
108'/a
27 Va
36%
18%
18%
*103
105%
105 %
105%
31
31%
:
31%
31%
24
24
*23%
14%
24%
-19
19
19
18%
19
105%
*101
31%
31'A
31
24'/a
24'/a
105
14%
•14%
108
.108'/a
•y *37%
*101
Z'
*24%
.1,500
18%
5,900
105%
30'A
;
v.
7%
7%
40'A
7%'
40 %
7%
8
41%
Z
41
7%
r
.
-Z
7%
7%
41%
40
7%
v/::
7%
10 Va
10%
10%
10%
10%
lO'/a
10%
lO'/a
10%
10%
47
47
47
47%
46%
46%
47
48
48
48
16%
17
17%
17%
17%
17 Va
15%
16%
16%
17 %Z
128
■if.;
134
19 Va
19%
7%
lii.V 19%
7%
*49 V2
;
53
35%
134
f 128
35%
•;iK 35%
*21
21%
Z-':
*97%
98%
19 Va
19%
134
*128
134
19 Va
19%
19%
19%:
19%
3,600
6%
f'
yV': *49 Va
53
35%
35%
21%
21%
2i%
98%
98 Va
*97%
7%
8'A
53
V:.Z
7%
*49 %
First
35%
35'/a
21%
21 Va
21%,
98
97%
98 Va
Va
53
*49'/a
35%
t$4.50
t5%
300
21. 'A
35%:
.
'
97
35%
22
•
20'/a
21%
800
97
130
4
42
Dec
4%
Sep
Apr
7%
Dec
May
28%
Oct
Jan
1%
Nov
Jan
2
86
Jan
13
13
Feb
18
3% Jan
•
7
20% Jan
20
ii
Mar 26
4
27 Va
Apr
37«/4
25 Vb Feb
10
19
Jun
29%
5
6
Jun
81/4
Jan
Jan
17
69%
Sep
93
Jan
29% Apr
5
16% Mar 18
19%
Dec
24%
Jan
8
Apr
13%
Dec
3
6 %
Jun
41/4
Feb
15
Jan
2
21
Mar 30
11%
Apr
18 Va
Jan
78% Jan
8
91
Mar 30
74 Va
Nov
87
Jan
12% Jan 27
15
Feb
4
77/a
Apr
14%
Dec
42
49% Apr
8
29%
Apr
43 Va
34% Apr
8
108% Mar 30
13 Va
Jan
26%
87%
Apr
•
1
No
Jan
8
25% Jan
14
104% Jan
6
V
31% Jan
par
5
38
Apr
6
29%
:
•
Dec
Dec
105
Nov
Apr
6
No
par
15% Jan
7
19 % Feb
25
9'A
16%
Dec
par
97% Jan
11
105% Apr
5
86
May
96 Va
Jan
No
par
25% Jan
7
32
1
15
Mar
27'A
Dec
No par
19% Jan
8
24% Mar 12
18
Apr
21%
Feb
5 Va
Jan
Apr
10
3% Jan
2
8% Mar 26
3
5
42% Mar 29
28
Aug
■
Inc.l
__1
9% Jan
4
10% Mar
4
;_10
39% Feb
3
48
Apr
7
10
10% Jan
7
17% Apr
5
;___No par
..251
No
Co..
Trailer
conv
16% Jan '
50
5
8
1
Feb
16
35 % Apr
10
preferred
Mar 11
V 5% Jan
par
pfd—100
Co
Fruehauf
127
9
•
Jan
2
96% Jan
17
100
12
134
Apr
8%
Sep
Jan
11'/a
42
Dec
12%
Jan
136
May
14%
5
8% Mar 29
Sep
Nov
Nov
18%
5
Jun
9
38
Oct
30
Mar
37% Jan
27
Apr
t
15%
Apr
.!
18
Jan
85%
Apr
*
97
Nov
22 V8 Mar 3t
100
36% Mar
Apr
114
8
19% Apr
53
V
27% Mar
9%
Feb
39%
May
30% Jan
Machinery Corp.
Frecport Sulphur
Apr
Jan
100
preferred^..
conv
5%
70
Jan
12% Apr
98% Feb
6
6% Jan
.•••'.
No
Francisco Sugar Co
3,600
97
33% Feb
100
Stores
F'k'n Simon & Co Inc 7%
35%
Dec
1%
4%
-
1% Mar 10
21% Jan
10
A__
$7 conv preferred...
6% prior preferred
4,200
53
y
Oct
Jan
(The)
Food Fair Stores
4 360
13
19
10
44
preferred—...
Flintkote Co
Food
7%
7Va
Z.*49V2
.
97
35%
*
vZ
National
series
Jan
% Jan
Oct
Jan
Jun
70
5
10V4 Apr
5
29 Va Mar 30
24
$2.50
_
Foster-Wheeler.
19%
19%
8%
7%
53
preferred
1,200
136
Mar 26
4
10%
3%
32%
100
Ins N Y
9,600
16%
*128
<
■
850
.10%
77
2
5% Jan
7% Apr
Highest
$ per thart
Jun
par
Corp_______.._;
5,700
/ ; 47
46
18
3% Jan
No par
No
,'Florsheim Shoe class A
Follansbee Steel Corp
15%
134
134
Enamel
Fidel Phen Fire
'
7%
8Va
7%
i'i*49Va
*128
:
68% Jan
2
preferred
conv
7%
10%
t-;
5
5
400
40
6-
Apr
No par
.241/2
38
:
No
Florence Stove Co„„_
7
•>f;
41
40
41'/a
Co
Traction
800
.
■
40%
&
Firestone Tire & Rubber
110
30%
25
t4%%
Fcrro
1,900
,
-Z 1,500
' I
37%
18
»102»/a
31%
/
14% Apr
50
.15
>v
12,800
107%
36 Va
;
-
34'A
24%
*30%
25
*24%
;
18%
,105%,
31%
;
•
....107%
v
38
18%
H-
32
0
12
3
Federal Motor Truck...
Federated Dept Stores
1,500
.
49%
48%
.
Jan
39% Jan
-
$2.50
Federal-Mogul Corp
150
14%
13%
v-;
-
Corp
4%
6
5
Federal Min & Smelt Co
1/JOO
,
15% Apr
I per thart
5
Cleaner
Morse
8
< per thart
9
1942
Lowest
50
par
20
100
20,400
•
90%
34%
Va
5%
,.
19
-
49%
48%
:>C 34
ry
37'A
37 v
38
105'/a
r
14%
15%
151/4
V5y 18%
V
8 % Jan
Year
Highest
100
Co
Light «fc
-$6 preferred
800
■
.
Vacuum
Products
Fairbanks
3,800
,
y-'/y, 90 -4
*
*89% y 90
33 Vb
28%
•V .-..5Vb
6
20
xl9%
90
90
-
97
97
par
;
Co...
Fajardo Sug Co of Pr Rico__
6,100
27'A
:
15%
5% &
6%
19%
V,
'
29 Va
15%
5%
19%
6%
-
••
97%
•
No
lnt
Federal
.11,800
-
benef
RR
Lowest
f per share
•
par
-Exchange Buffet Corp
4,500
24
11%
No
Ex-Cell-O
200
Far
common
Pitts
Eureka
4,800
40% ;
39 Va.
11%
;"■'//-/-Zz
of
Evans
-
Range Since January 1
-
pref series A
&
7.700
,
1%
-
5 %
8,800
•v
Range for Previous
STOCK
••
Ctfs
Erie
28
:- ///y 22%.
12.
28%
16
*15 '/a
V
♦1%
20jr
99,800
-
'•
JErle RR
4,000
'9%
27%:
'zZz
I ■'•<•' '
7%
<
8Va
-40%.
.
1.1%
*97
67/a
-
•<■■
1%
■
23%
12
96
;
28%
40%
1.'
,24%
11'A
yv
16'A
20
l'/a
•
9%^<
28%
•
77
YORK
EXCHANGE
19.700
48
*75 V*
7%
y
9%
-
.
48
;
36%
18%
6
7%
10
28%
14'/a
>
111
35%
16'A
•
20%
91
*14 Va
.
-5% Z
5%
19%
•V
29%
/■
29%
7'/a
6%
'
13%
46%
77
NEW
Shares
14%
12%
49%
,
*75%
*1%
;
96'/a
29 V*
97
49
13 V4
-
14%
•yv 13%
V-
v
28%
12'/a
28%
14Va Z:
77
1333
RECORD
the Week
6 per share
'
14%
1.4%
49%
9%
-
24 'A
12%
'V-'-i
.
41'A
24% XV
*95%
*19%
z.y
12%
41
V
97
*28
1%
23%
■
12%
*95%
28%
*1%
23%
<
10V4
7%
15 Vb
Sales for
Apr. 9
-
t per share
*
13%
7%
9%
28 Va
■v.:
41%
.v
23%
7%
10%
28%
6%
.
thart
*75'/a
77
9%
1
28%
!
49 Va
14%
49%
*75'/a
28%
"
•?
9%
28%
15%
14%
V
77
;
I per
>/
Friday
Apr. 8
14 Va
thart
49%
14%
*75
ver
14%
50
49%
77
/ S
14%
14
13%
49
*74%
thart
■v.
(M<ui tfMrtifc/ V4< * <A>U^
-w^MdUHtWesM+Wi., %i>lu*[ 4^4 lAAu^iiW
w^fVi >
STOCKS
Thursday
Wednesday
Apr. 5
Saturday
^
CHRONICLE
HIGH SALE PRICES
AND
W i AViWV
M
Mar
15
Feb
10%
:
ZZ
45
May
38%
Jan
#.
Z
*3%
3%
3'A
12%
24
*23%
;
»
::•:
•Z
55a
;
•.
53Va
235/a
22%
5%
5%
53%
*53
9%
9«/a
104
.104
6
6%
83%
6Va
6 Va
26%
*14 l'/a
6
yZz'
9!4
-
..//
.9
?8'/a
•
*8'A
3Vs
117
14 v«
13%
13%
.
13 Va
53 V
53
53'A
103Va
zz:
88
88
y
43
%'
43 %
136
*131
7''
52 V4
49 Va
49%
Z-
129'%
25
24 Z
3%
Z/'Z *50%
Galr
(The)
cl A
...No
Gamewell
Co
13%
(The)
1%
Jan
2
3% Feb
15
l'/a
Jun
6
13 VB Feb
16
8
Sep
11
par
No
19% Jan
25Va Mar 31
16
May
2% July
21
11
52%
9%
4,000
104%
100
8Va
:
137
Jan
12
6
Apr
6
3%
Oct
7% Jan
14
9 Va Feb
24
6%
Apr
9%
Nov
9% Jan
11
14% Mar
4
8 Va
Apr
101/4
Feb
53 % Apr
2
15
14%
83
:
82'A
*25'/a
82 'A
103%
-
88
>Z
143
38
2Va
104'/2
*87'/a
'
26%'-
82%
36%
37%
36%
39'A
38Va
39 %
38%
383/4,
116'A
115 Va
■ZZ
36 3/4
2% ZZ
116
.
'
105.
104%
'
88
y/Z 3,000
,
*140
2014
20%
131
50%
50 Va
-
131 'Av
•
-
,
.."ri
129V4
3%
25%
3%
24
130%
24%
129%
3%
20%
20%
20 Va
20%
20%
21
3%
3Va
3%
3%
2,600
128%
1,600
3%
19
-8,800
44% Mar
4
35
4
134
par
Corp
;__5
140
Feb
106
4%
2
Sep
3%
Oct
7% Jan
71% Jan
par
4
15% Mar 23
6%
Sep
9%
Jan
V
5
87% Mar 25
66 Va
Nov
90 %
Feb
16%
Apr
21%
Nov
5
27
2
143
30% Jan
2
General
No
par
34
No
t$4.50
t$6
$5
22
94
Motors
Apr
9
Mar 25
120
2l'/a
Apr
30%
Oct
40
x23%
Apr
40%
Jan
111%
Apr
Mar 29
118% Mar
8
2% Apr
110
Mar
90% Mar
5
132% Mar
6
122
44 % Jan
7
51 Vb Apr
6
30
Z
No
Adv
A
122
Precision
par
126% Feb
2
130% Apr
par
17 Va Jan
7
26 % Feb
16
par
2% Jan
2
4
•
13% Jan
25
1
4% Jan
2
par
103% Jan
5
10c
Equip Corp
& Jan
2
12% Jan
2
20 Va Apr
9
106% Apr
4
Apr
6
,
Jan
87
Oct
131'/a
Feb
44%
Dec
Apr
128
Aug
30
1% May
1% Feb
21
102
Apr
Apr
Jan
13%
Mar 27
Nov
116'/a July
1% Jan
Mar
64%
6
No
No
Outdoor
61
15
14
12
10
Corp
132
Apr
% May
6
Jan
83% Jan
129
Dec
Apr
6
33% Mar 30
4
100
Common
Gen
113% Jan
// 1% Jan
;
preferred
Gen
par
No par
preferred
General
13
preferred series A.No par
conv
5%
Jan
No par
General Mills
Dec
2% July
20 % Jan
Gen Gas & Electric A
140
Apr
6% Mar 30
130% Jan
V
Nov
7'A Mar 18
100
Corp
preferred
Feb
5%
2
par
Foods
46%
12
par
preferred
Jan
Sep
Jan
3%
16
Dec
Nov
104
2% Jan
100
Cigar Inc
1
53
IV*
Mar
4% Jan
-
No par
No
Mar
8% Mar 29
No
3,400
20
4
No
1,000
23-
Jan
5% Jan
preferred
cum
7%
160
42,300
37
<
Apr
98
General Electric Co
260
;
■
49% ZZ
■
3%
21
• •
131
Bronze
General
84.400
•
•Z 87 Va
23
'
140
2
128%
24
23%
25
24
116
;
ZZ Z 47 54
129 Vb
1293A
129%
h-* to OO £
4,100
94 \ ; 94
131
,
50 3/4
50
51%
50
51%
38
ZZ
*87
•
t7%
150
Z 38,200
lVa
88
133
1,200
36
37%
*114
-
104
x88
*131
840
143%
' 35
Z
'2%.'
99
131
Z
116%
1%
■
.
•Z
88
131
;
*115
Z.'/Z
2%
2%
105
89 i :
General
25%
6
No
General Cable Corp
Class A
.80 V*
104 % Mar
5
preferred
Feb
3%
19
5
9,100
25%
51
9% Mar 30
Jan
Transportation
8,200
'
4
102
Baking..
53/4
80
25%
25%
*142 *' 145 Z
142 »/a
142
•:.
$8
Mar 19
6% Jan
No par
13% ,14%
,15%VZ
'
Amer
52
No pur
$6 preferred
Gen
Jan
3
;_-_50
Gen Amer Investors
General
Sep
Jan
Jan
5
preferred..
conv
2%
2%
10
6%
ZZ'.Z;,-. 5V4
'
14'A
84'/a
-116'A
';•:■
21,900
ZiZZ:: 60
137
6'/4
6VB
,
3.500
8%
*135.
7%
5%
43
7%.
137.,
,
7
42'A
•
"
t5%%
Mar 25
.1
preferred
Gaylord Container Corp
110
9Va
43%
6%
900
4
1% Jan
9% Jan
par
A
Gar Wood Industries Inc
5%
2vb Jan 11
1
20
Inc (Robert)
preferred
Co
6%
'
A102%
8%
"7'/a
Z Z, 5%
'
26%
38%
-
2Va
3%
3%
2014
Gabriel Co
-
9%
42%
Z' -y
137
6%
6Va
15%
37%
133
131
*24
z'
104'/a
'
*128%
22,200
Z
9
133/8
9%
*103
8%
*136
■
''ZZ
43%;
8%
8%
142 Va
117
2%
102
49%
780
55/a
*8
13%
*51.%
9%
104 '/a
82%
39%
•
9'A
*103'A
"
9%
104
26%
Z: Z:
37 Va
•
-
•
143
37 Va
•116%
2%
131
131
23%
5 Va
9
1
39
-
15
84%
26 Va
VV'V
42 Va
8V2
136
-
6%
;Z;;y 14% f 15%
39%
102
23%
5%
14'A
6Va
37 Va
*87%
23%
5%
Z,
142
■
*23'A
;Z
27%
2%
24'A
5%
43%
•
*116'A
900
y
Zr 5 Va
5%
,'• 14% i'14%
84. Z
84%
38%
12,400
8%
8%
•>135
136
42%
"
6%
.
3'A
12%
Z
'
137,'%. 137%
37.
3 Va
12 Va
14
9%
*103%
142
3%
12-3/4
*8'/a
14
,53%
*26%.
3 3/8
*12%
23%
Z 9%
6%
3%
12%
5% Z/.
9
i
*103%, 104
43
42%
8% r 8%
9%
3.500
3'A
12%
■
14
*53,
33/4
3'/a
12%
24% Zy
*8'A
4
3%
3 V4
12%
5%
9
*13%
12%
23%
5%
*8%
4
3%
;
'•;.
•3'/a '
3 Va
,
*12%
•
3% •Z 4
37/a
3%
3%
12%
July
Jan
3 Va
14%
10% Mar
Jan
Nov
■
7
7 %
7 Va
7
7'/a
108'4
♦108
108%
108'%
1%
1%
1%
1%
1%
1 'A
19 34
19%
106
l'/e
1
•35
•21V2
75 %
-
22%
7%
36 Va
*35
36 Va
*35 Va
22%
22%
21Va
14%
13%
13%
13 Va
13%
1,600
V 77%
x76Va
77%
73%
75%
1,420
General Shoe Corp
l
Gen Steel Cast $6 preferred_.No par
3,200
General
36%
23 %'
23
23%
22%
22%
22
17%
109
20%
7%
20%
20%
8%
*70%
8
70%
71%
8%
% 9
21%
17%
18
20
20%
*16%
V
20%
20%
17%
*108
*16%
20%
20%
47%
■
•
•
,
1
%
70 Va
8 Va
*69 Va
7%
13,700
70 %
70%
8
8V2
8%
8%
15,100
74
74
72 Va
72 %
71%
71%
900
20 7 a
20%
20%
20 Va
20%
18%
20
*45 Va
47 Va
*45%
47%
*45 Va
47%
47
47
2%
*90
1
ZZ
1
2%
2 7'a
*88
92
'
1
1
Va
2%
2%
92
8
3%
*88
38%
36%
37 Va
37%
93%
93%
93%
93%
94
94
94
z
2%
35%
35%
35%
36%
36%
36%
36
36%
,36'A
36%
97
967/«
96%
96 %
97
96%
96%
96%
*88
96%
5%
5%
5%
5%
87%
*86%
87%
*86 Va
87%
1%
1%
5%
5%
•86%
5%
*
2
1%
.
1%
-
"86
1%
2
U&M
5%
.
)
36
94 Va
.
39'A
95
93%
6%
6%
10
95
•
,
1,500
•
35
1,600
1%
25.500
6%
12,700
87%
100
l'/a
39.800
5%
12%
24,900
96%
*86
.2
6 Va
22/00
'
32
6%
87%
1%
2
3
96 «/4
6%
6
87%
87%
Z';.:
4,000
92
37%
6 Va
6
6'A
12'A
5%-Z.
12 'A
12
12%
12%
12%
12
12%/.;
11%
12%
12%
12'A
10%
11%
33
33
33
33
33
32%
32%
*24%
'
12%
38
,:ZZ..
100
% ZZZ Va-
92
92
37
6,300
11'A
11%
11%
12 V\
33%
33%
33 3,a
33%,
33
*24'A
24%
24%
*24%
24%
12»/a "V
*12
24 Va
24%
*24%
zz;
5%
*11%
6%
z;
28,000
12%
800
10,900
2,400
Telephone
Gen Time
6%
Gillette
$5
Tire
conv
4'/a %
Gobel
8% May
20
16% Jan
15% Jan
par
108
4
Apr
5%
7
50
May
65%
No
14% Jan
2
20% Mar
4
12%
Sep
41
5
47
9
37%
Jan
1/4
Jun
par
50
1
...1
1% Jan
100
Jan
4
8
36% Apr
9
98
ctfs.
40%
17
Steel
*11%
12
*15Va
.
15%
40%.
40 Va
40%
40 Va
40%
40
40%
4.300
16%
17
16%
17%
1.6%
17 Va
16%
16%
18,100
11%
11 'A
11
11%
11%
11V*
11'A
11%
11%
2,500
3 Va
38%
39
*23%
25%
*24
*37 Va
3%
96
8'A
*38
15%
15'A
3 Va
Zv. 96
96
8'/a
8
40%
17'A
15
3
3
9 5'/a
40%/-
17
-
96
8%
39%
8'A
.
38%
Vz,
15%
16
3'A.!
97
3
8 5/a
25%
24%
24%
•
8 Va
■
3 %
15%
3%
16
14,400
3%
4,900
105'/a
102
8%
38%
'
16%
3'/a
3 Va
102%
37%
39
15%
15%
98%
7'/a
%Z,
101
102
680
8V2
7
8
35,100
38%
38%
351/2
37%
25%
23%
24
6,000
Western Sugar
8%
Dec
6
Apr
Z
9%
Nov
33'/a Apr
5
24% Feb
19
15%'
*13%
105
25%
*24%
38
37%
37 Va
37%
37%
37%
37%
37Va-' 37Va
15%
15%
15%
16
16 %
15%
15%
15%
16%
15%
16 V*
13%
13%'
14
14
14
*13%
14%
13 Va
14
,400
105
*104%
*104%
105
20
14
105
For
-
*104%
footnotes
see
*104%
105
page
*13
1339.
105
►104%
•
-
105
*36
37%
400
_
90
3,600
No
29% Feb
3
24% Jan
27
7%
Hall
6%
Apr
1
13%
Dec
18%
Oct
5
19%
Jun
25%
Feb
138
Jan
2
2
27
148
22%
Mar
3
Apr
6
130
27
19
40% Apr
6
25
14% Jan
4
17% Apr
Jan
4
12% Feb
7
16
1
10% Jan
2
16% Apr
8
par
2% Jan
2
59% Mar
10
No
i_No
par
Feb
18
31% Apr
23% Jan
par
11
3
65
Jan
3% Mar 19
81% Jan
100
RR
25
July
6
7
31% Jan
..No
Nov
21% Jan
100
Corp
....-
19
105 Va Apr
3% Jan
12
8% Apr
39% Apr
par
25% Jan
2
25
22% Feb
11
25
25
36
Jan
13
37% Mar
28%
Apr
Apr
143
63 Va
July
33'/a
Apr
Jan
Jan
Nov
Jan
;
Apr
14%
Dec
Mar
11'/a
Aug
9 Va May
14%
Jan
3%
Jan
lO'/a
10
1% May
86
Sep
8
48%
Jan
5
2 Va
Jun
4%
Oct
Jun
33%
Oct
5
18
H
Water
preferred class
Printing
Hamilton
23
-32
Jan
15
par
1
preferred
Hackensack
22% May
No par
preferred
Gulf Mobile & Ohio
6% Apr
50
RR
Sugar..
preferred..
v
*24
-
Jan
Z
7
100
Guantanamo
$5
5%
Sep
Mar
12% Apr
__20
Green (H L) Co Inc
Greyhound Corp (The)
8ft
A Sep
9
;
Prop
Grumman Aircraft
Dec
l'/a Nov
7% Jan
Preferred
conv
Nov
81%
par
10
preferred
5% ft
4%
Jan
2 Va Mar 26
8
Jan
6
Co.
Green Bay & West
40
11%
40%
16%
2
1%
x58
4
No
60
Jan
Dec
7
Great
63
87% Mar 25
Dec
90%
13% Mar 27
17,200
150
*57
8
11
27
Jan
5
26%
26
*147
63
Dec
Jan
60%
Jan
No par
26%
83 Va
8
Great Northern preferred
150
6% Apr
11
4% Jan
5
30,300
26
-Dec
par
30'A
*57
Feb
i 27
No
100
*147
Jan
82
x
No
div
4,800
Va
12
Jan
V
2%
Jan
10%
Mar
4% Jan
80
1
17%
63
Apr
Feb
M
Jan
90% Jan
29%
26
95
56
83
24%
150
Jan
Jan
Jan
/Oct
16
44
Nov
13
25'/a Jan
17%
25%
73
Mar
par
No par
V
1% July
3 Va Apr
39% Apr
93
par
27%
*57
2
12
76
No par
1.7 7/a
*147
8
Jan
24% Jan
Apr
1% Mar
No
307/a
28 Va
2
No
17%
63
Jan
^ Jan
No pdr
30%
148
Nov
2
17%
25 Va
61
x40% Mar
Apr
Aor
31%
148
3
9
74
17%
*57
72% Apr
2
30%
VZZ-
4
Feb
4
18
63
Nov
Jan
31%
26
5 Va
Jan
17%
146
Jan
5
31'A
25%
3
110
59
18
144 %
8% Mar 31
60% Jan
31%
*57
Dec
2
Mar
par
17%
63
15%
par
*24%
26
Jan
110
No par
17%
145%
7%
No
30%
25%
Dec
20% Mar 30
4% Jan
24%
144
Jan
16%
May
14
par
17%
*57
20
13'/a Mar
11
Jan
Sep
No
Ore
6
18% Mar 29
Feb
79%
101%
14% Jan
100
Iron
22% Mar
'.10
13
5
30
5%
4
4
Graham-Paige Motors
Granby Consol M S & P
Gr Nor
4
Jan
Co.
Hosiery
(W T)
Oct
55% Jun
Preferred
Grant
Jan
77% Apr
No
Rubber
preferred
Granite City
19 %
14% Apr
preferred
w
Apr
2
(The)
Union
Nov
2
No
preferred
Grand
31%
9% Jan
Corp
Goodyear Tire & Rubb__
Gotham
Jun
Mar
14%
Jan
Nov
14%
107%
23% Mar
60
Jan
Apr
5
ZZ
Jan
%
Apr
1/4 Mar
15% Jan
Goebel Brewing Co...
Gold & Stock Telegraph Co
(B F)
conv
10%
5%
109 Va May
101
par
Corp
Goodrich Co
$5
Jan
1 '/a Apr
No
(Adolf)
5%
Sep
Aug
23
preferred
conv
3%
99 Va
A
10
37 Va Mar
Brothers
Co
Feb
31% Jan 28
100
&
109
par
$6 preferred—
Glidden
Mar
% Jan
7% Mar 26
..No
Safety Razor
Gimbel
xl04
1
preferred
General
Z
Instru
par
100
General Refractories
2,000
8%
72%
No
Realty & Utilities
$6 pref opt div series
20
7%
92
5 %'
400
■
5,900
38
•96%
16%
20'/a
92
'•
21
18%
37%
"90
,6,000
70%
70%
8 Va
22
6%
Gen
100
7%
7%
7 l'/a
36%
■v
72 %
1
2%
2%
7%
6,600
20%
20%
*43%
8%
30
1
110
*108
110
20 Va
108
.'%-
21 Va
21%
17%
110
*108
18%
V2:.
*106
8'/a
75
2%
21
21%
109
17
19%
108
'
*72%
U
2%
21%
*17%
17%
109
•108
19
*106%
23
13%
77
fe
Railway Signal
preferred
*35
36%
14%
I
Gen
1 Va
77
47
8,300
Service
Z/ri
14%
•45%
Public
l'/a
20
20
Gen
19%
75
•72%
13,100
106%
9
8%
No
1
76%
72%
71%
preferred...
18%
14%
8
Printing Ink
106%
76%
20 %
20'4
1%
$6
1%
14
109
1 %
General
30
19%
76
17%
17%
1%
3,100
106%
70
21%
21'/a
•108
1%
108
1
19%
14
•.131s
1%
6%
/ 108
6%
108 Va.
*105
36%
*35
22
1%
7
*108
lVe
20 %
1%
37
6%
7
108%
*108
106%
19%
106
►105
6%
108%
6%
►108
A
Co
Watch Co.
preferred
10
No
12% Jan
5
par
9'/a Jan
18
14
30
105
100
105
Jan
Mar 12
16% Apr
3
8
Feb
19% May
25
29
Apr
35
Dec
8% Mar
13
Aug
Mar 24
8
Jun
11 %
Nov
30
95
Mar
106%
Feb
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
1334
LOW
Apr. 5
Apr. 3
S
t per share
*104%
17
144 Va.
*138
9
2%
2%
"69
165
100%
170
133%
59 %
*56
*104%
103
*104%
*
19%
"18
18
*56
59 '/4
105
106
22
20
*18'%
Helme
165
i*. *158
165
*21
16%
78%/.
78%
*131
133
*58
:
*103% 106
*103%
20
*18'%
20
21%
21%
■'
*20 VA
*20%.:,. 21%
22
*21
35%
35%
36%
36'%.
37
37
37
36
37%
13
13 %
13%
13%
■13'%
13%
13%
13%
*13%
14
12'%
13%
15%
16
15'%
15%
15%
15%
16
17
15%
16%
*21
22
15%
*15%
*114%
*1141/4
*114%'
*114 V'4
38
38
39%
38%
37 V4
37%
37%
13%
14%
14%
13
■
50%
106%
106%
106%
106%
7'/2
7%
7%
7%
7%
40%
40%
41%
41'%
7 Va
7%
*28 V'4
28%
28%
7%
7%
7%
9%
8%
1%
1%
1%.
1%
m
14%
14%
28%
•
10%
41%
41
2%
2%
29
8 %
11
1%
44%
44%
45
45
43%
11
10 Va
10%
10%
10%
37 %
37%
98
99'%
16
7%
*7%
115
99%
99%
14 Va
7%
*7'/a
8%
8%
8%
8%
8'%
8%
9
9'A
8Va
*159'%
161
161
68
69 %
168'%
168'%
168% 169 'A
168'%
1%
1%
7 V'4
13 Va
•
29
.
.
> 400
29%
•> '/ '
•'
31
8
38 % Jan
26
5
15% Apr
7
8%
Mar 24
30%
Jan
51
2
109 % Feb
Mar 10
2
30 % Jan
4
8
2,600
8%
54,300
159%
161
69
11,600
Intercont'l
169%
—
5 %
Apr
23%
Dec
5
3Va
Jan
5%
Nov
A
Jan
1%
Apr
5%
5
6
13
45
Apr
5
32%
Jan
Jan
9
11
Apr
5
2%
Jan
10'A
Sep
G%
Jun
16% Apr
par
88
160
5
13% Jan
2
8
12
Oct
100'A Apr
7
74
May
100
Jan
166% Feb
6
Mar 30
9
153
July
163%
Dec
Mar 31
54
Apr
74%
Feb
12%
Jan
5
74
15% Apr
No
7% Mar
21
US
Mar
2
9
2
9% Apr
20
164 % Apr
56% Jan
par
Jan
Jan
144% Jan
par
%V
5'
a
Int
;
Business Machines
1,830
_
_
1
23%
: ■
111 Va
5%
Apr
29
tPreferred
109 Va Mar
6
71% Apr
8
40
169% Apr
8
147
V2 Jan
5
par
9% Jan
4
14% Apr
5
11% Jan
5
19
100
55 % Jan
8
66
Apr
5
1
3% Jan
5
6% Apr
7
-No par
28% Jan
9
36% Apr
131%-Feb
11
8'A Jan
2
—
8
Jan
:> 1st Vs
Apr
Jan
Dec
61
May
Feb
Jan
10%
5% May
6
9
162
Feb
Jan
Oct
20
100
6%
Aug
Jan
Harvester..
>
Apr
18%
'
Vlnternat'l
,
100%
V
Mar 29
7
:■
8% May
8
19
30% Mar SO¬
28
Jan
6
par
No
27.
21% Jan
par
Feb
Dec
6
No
—
16%
Oct
14'/a
Jan
108
4%
35
Jan
100
Oct
Mar
Apr
62
par'
42
21
Mar
10
6% Jan
Nov
23%
May
Aug
8
40
par
1
9'/a
Jan
15% Apr
30% Apr
19
WW.
No
—
_
..
Aug
J an
Jan
2
7
11% Feb
No
Rubber
1%
%
16%
20
Interlake Iron
'1,800
67%
Corp—
Oct
7
32 Ve Feb
100/
Sep
Feb
2
Jan
Dec
106
34%
Jan
11 Va Jan
par
44 Va
Apr
Feb
1% Mar 26
par
.No
preferred———J.—'.
6%
Jan
4%
7
9% Apr
...10
Inc
39% Oct
11% Nov
4
1000
-L-A- No
Co
38%
Jan
8
Feb
115
Oct
18 '/a Jan
—
—
Jan
37
100
....
Rayon
Interchenhcal
•
18%
Apr
4
7% Apr
Dec
Dec
29% May
5
2% Mar
Nov
7%
May
2%
29% Mar 30
4 % Jan
100
96
Mar 30
41% Apr
% Jan
21%
-.27
4
Nov
29%
Jan
41 V'4 Apr
3% Jan
17
Jan
Dec
5
—100
4%—.
12%
12
44
Jan
Dec
Jan
6
Jan
.105
Oct
Dec
15
Mar
11
8
36 % Jan
9% Jan
Dec
102'%
14%
Apr
75%
134
12% Mar
37% Apr
,
Nov
Mar
79
5
22% Mar 31
r
14%
iA" 48%
110
100
Co
Insxiranshares Ctfs
•••
8'A
4 >168%
18
t c_——_25
Inspiration Cons Copper
1,900
115
*169
16% Jan
28% Jan i21
18 Va Feb
Oct
Feb
158
30Va Mar
8
—
64,100
8 %
71%
6
17
ctfs series A
Inland Steel
4,100
8 Va
163
14% Jan
2
Indian
10
70 %
9%
169%
16'
Jan
Ingersoll-Rand—
6% preftrred
8%
69%
Mar
1
13
1,700
.
9%
162%
108
5
•
Apr
6
Industrial
8 %
168
9
Jan
100
•
2
Mar
13% Apr
3,000
8 %
69%
Feb
60
6
No
9%
163
81
134
9
Jan
No
7%
*114
5
Jan
7
Indianapolis P <fe L Co
Refining
13%
*7
30
*114
169
Feb
•
11'5
29%
30'A
69
Apr
•
Mar 15
49
5
RR
lines
RR See
3,300
160
69%
15%
Leased
4,100
160
71%
7%
163
169
51
125
Jan
17% Mar 29
—No par
.—
100
preferred series A.
6%
»
4,800
100
162
70%
V
15'%
99
14%
69 3 4
69
69%
Apr
Mar
5
Oil of Texas v
Central
Illinois
900
37
7%
164%
163
163
%
■'
10%
Hud
•4,800
8%
9%
8
U Jan
9'/a
8%
9
69
*160
115
12% Jan
1
12
37
15%
*114
Apr
{Hupp Motor Car Corp
u%
100 %
100%
71%
30
30%
115
-141%
4% Jan
15 Vt
y
38%
7%
7%
*114
38
14%
15
30
30%
3.15
*114
12%
162 "
*71%
72
9
22 % Jan
5%
i-
49,100
-
10 3 a
10
16 Va
12%
100%
*160
162
71'%
14'A
7 Va
30%
30%
30%
*114
*
37
*160
'
71%
13%
13
12%
162
71 Va
38 Va
99%
;
16
12%
37%
37%
Mar
preferred—-^————100
44 Vi
37
167
32,200
i%'
45
37
*160;
..
13%
12%
5
Bay Min & Sin Ltd—.i.No par
Hudson Motor Car
No par
28
*15'/a
71
1% :.
12'%
12%
97
1%
27
16%
Jan
152
28,900
8%
15
15%
162
8%
29 V'4
12%
70
9%
14%
16%
97
9
•
28 V'4
12%
Dec
58'%
10
'& Manhattan
Hudson
4,000
8,700
15%
15%
94 %
May
Howe Sound Co
14,500
29 Va
12 %
Jan
Apr
45
J1
preferred.,'—
t5%
Houston
2,700
:'■.•%
27
14%
15%
*160
;
v
7%
7%
26%
28%
12%
1%
79%
2
C
—No par
Household Finance———-No par
15.700
2 Va
1%
7%
28%
15%/
12'A
%
9
Apr
Class B_
190
j
■
.
30%
15%
25
Apr
71
preferred—
Homestake Mining—.:.———12.50
Houdaille-Hershey cl A——-No par
;■
Jun
3
102
(A)
7%
1,100
-
39
:,'37V4
1% ':V
..
17,800
7%
28%
9
/.;% 1%
50
i.ooo
J
•
107 Va
6%
7%
■•:
14%
50
2%
2%
7%
7%
28%
1
26,900
a:./
106%
;>
.
1%
'"29 'A
V
45
10%
10%
44
40%
39%
%"•
v
Nov
6
Co.—-——10
Holly Sugar Corp
'
May
8%
2
(Del)
Furnace
Hollander & Sons
Dec
88
May
20
The—
(C E)
Holland
1,800
7,600
38
.
preferred—
conv
Hires Co
.2.000
.
39 Va
44'%
30
43
7%
9'A
15'/a
15%
28%
43
51%
106%
7%
8
'
/i
10%
13%
28%
'
*50%
,
28%
.
13%
*106%
7%
28'%
7
14%
50'%
2'%
7 V'4
28%
*37!%
106'A
7%
41'A
.
37%
37%
50%
8
■
15%
41%
37%
preferred—
Hlnde !z Dauch Paper
www'1'
L
!
-'ww
40
7
106'A
106%
2'%
2
2
1%
1%
6%
38%
14%:
*114'/4
WW.
14%
40
37%
51
*48 V'4
*106%
40%
38%
.15'A
50
50
*49
V.,
39%
38
•i:
37%
*114'%
J.
——
38
37%
37V4
13
■:
37
4B4
5%
1% Jan
73
100
4%
Jan
80
Jan
" Jan
56% Jan
,131
1A—
*18%
9% Mar 11
Jan
16%
146
3% Mar
96Va Mar 23
Jan
'
Apr
93 % Jan
-No par
Hershey Chocolate
106
Jan
7
100
cum
Apr 5
X126
5
86
.100
No par
'No par
6%
12 %
<
.
1"
6% Apr
4 % Jan
.Hercules Powder.*.-—;—_—No par
Vi,9oo
59 :
*57%
5
Apr
25
—
Motors—
Hercules
133
*131
,
.
2,800
78
77%
59
20
16
14%
•
/,v:A,
W)
Preferred
•
18% Mar
14i
Apr
V
104
98
5
I'Vh
Highest
I per share
$ per share
25
tHazel-Atlas Glass Co
100
(G
105% Apr
6
13 % Jan
185
Lowest
$ per share
..2
Corp—
620
69
35%
"21
Hayes Mfg
102
69
16%
106
*18%
/
13.000
2%
101%
59'A
*103%
105
20
%
2%
2%
78
*56
10
4,500
71
*158
133
*131
59 V'4
"
>
8%
101%
16%
77%
79 '
133
*131
133
*131
*■56
78'%"
80
79'A
80
*79'
*•131
165
16%
17
16%
16%
16%
16%
16£
par
Refrac
preferred——.——____100
Hab Corp of Amer class A—
1
6 '/a %
preferred
100
Hayes Industries Inc
,_i_
1
2%
73
*158
No
99% Jan
1043
Year
I
Highest
J per share
par
101%
2%
100'%
170
*160
170
*160
2%
100%
*69'%
Co $5 pfd___.No
(M A)
Harbison-Walk
2,600
100
8%
j^:;/
6%
5%
*98
8%
1
Lowest
Par
Hanna
2,800
l
Range Since January
.
•
20
:
■
*69%
2%
73
*69'%
Shares
■
Range for Previous
STOCK
YORK
EXCHANGE
141
5%
100
8%
8%
16%
16%
*136
6%
*98
100
100%
100
73
*69 %
73
2%
2%
100%
33
lOO'/a
100"a
6
tor
106'%
17%
141
*136
6%
share
*105%
share
NEW
the Week
1 per
106%
17%
17%
8%
,
*105
■<
141
'
*98
8%
8%
8%
136
6
102
*.98
102
8%
8%
8%
*
6%
6%
6 Va
*98
99
99
'/a
6
16%
17%
141
*136
141
*136
6 Va
6 Va
share
106%
*105
106%
17%
17%
17 Va
share
*105
105 %. 105%
106
16 %
1 per
share
per
1 per
Sales
Apr. 9
Apr. 8
Apr. 7
$ per
Friday
Thursday
Wednesday
APr. 6
V
STOCKS
SALE PRICES
AND HIGH
Tuesday
Monday
Monday, April 12, 1943
•
,
RECORD
NEW YORK STOCK
Saturday
w
166
July
'
14%
14%/ '
17%
17%
17%:
*65
17%
18'A
66
17
.
66
66
*65
4%
5%
35%
134
*131%
11%
12%
58
*57%
57%
58 Va
5%
6%
52%
52%
*65
65%
64
65
6
6%
5%
6%
22,200
Internat'l
35%
33 VB
34'A
29,300
Int Nickel of Canada—
67
44
44
44
"
32
32 Va
43 %
44
44
44'%
43%
*103%
110
12 V8
-11%
57%
58%
57
6%
6%
42%
*103 %
9%
9 %
9%
9'%
10%
9 Va
9%
9%
10%
12%
12%
13
12 Va
97 %
98
*97%
13%
13%
13%
32%
32%
32
32
32 Ve
148
*141'%
133%
83 Ve
133'%
26%
26
26 Va
24%
25
25%
64
64
64 Va
65
78 %
78 Va
-81
12%
12 V'4
15%
16
*77%
12 Va
15%
127
9
9
11%
112
/
82
26%
25%
26%
23%
25
64%
63%
64%
63
80%
80%
75
78
39,700
16
*15%
15%
15
15%
1,200
127
■•-■ *122 ,/■
i
18%
*7
14
14%
33%
34%
34'%
35
*17%
18
17%
17%
17%
17%
*28 %
29%
29%
29 'A
29*4
*108
29%
15%
-
17%
14
3 4'A
29
13%
*108
34 Va
35%
2,200
,3.300
*122
10%
29%
11%
98
127
9%
Jan
:
Dec
7%
Dec
15%
Jan
43% Mar
Oct'
60%
Jan
8
1 %
Oct
3'/a
Nov
8
30%
Oct
46%
Jan
44
Apr
5
39
Mar
48%
Feb
> 33%
Mar
1
26
May
32
Feb
May
May
39Va
Jan
7
44% Mar 31
26
102% Jan
15
105% Mar 24
94
par
6 % Jan
7
10 Ve Apr
6
6%-Jail
7
10% Apr
7/
13% Apr
?.
Oct
104 Ve
Oct
7 Ve
Nov
1%
Jan
2
Jan
7'/e
Nov
6
6%
Jun
10'/a
Nov
Mar 31
88'A
•
-
par
9'A Jan
7
90% Jan
14
Apr
95
pur
10% Jan
4
13% Apr
5
.7%
Apr
11
Dec
27 V2 Jan
5
32% Apr
3
24%
Apr
32%
Jan
_1
par
___100
Jan
9% Jan
Feb
26
98
143
5
29% Apr
19
101
96 V« Mar 30
par
70
Jan
—100
126
Jan
127
Apr
V
27
133% Mar
Apr
5%
18% May
2
85
May
50% May
Jan
122
17
■17% May
7
26% Apr
series
100
54 % Jan
7
65
Apr
5
53%
pref
series B conv—_100
64% Jan
8
82
Apr
6
61
1
8 V'4 Jan
4
12% Mar 31
.10
xl2% Jan
19
L pf ser B—-No par
122'% Feb
2
5'/Wan
2
Jan
13
29% Apr
6
7% Jan
6
12
Apr
6
Apr
6
15% Apr
5
Laughlin Steel—-No par
A
Co
19% Jan
Jan
8
85% Mar 39
21
.No
6
12% Mar 25
:
12
Mar
pref
Mfg
136-
Apr
6 "a Apr
5%
Joy
30Va
-
Nov
56
5%
Jones &
-
Kansas
28
28%
-2,400
4%
10%
10%
1,400
15
*105
18
96
-
13%
40
15
600
:.
17%
112
Kan City P &
44.800
94'/a
15%
12%
*108
17%
13:
3,400
10,200
112
32%
33%
75,900
18
17%
17'%
400
29
27%
28'%
1,400
3 Va
3%
3.000
3
Va
—No
preferred
Kaufmann
par
__100
Dept Stores——.
1
Jan
6
Dec
Jan
138
Nov
10%
Nov
33%
Jan
107%
73%
129
Jan
Dec
Nov
24%
64
Jan
Jan
May
7 Va
79%
Jan
Aug
11
Jan
13%
Dec
11 % Jan
1
Co..
&
:
Class
B
1
;
.
pfd A
.-No par
Kennecott Copper..
.No par
Keystone Steel Si W Co
Kimberly-Clark..
No par
No
;
39%
40
40
40%
40
40 Va
40
40 Va
39%
40
22%
22%
22%
23
22%
22%
22%
23%
23
23 Va
22 Va
22%
10 Va
1C%
lOVa
10%
*9%
10%
*10
10%
*9
10
*8%
10
28%
28%
28%
29%
29%
29%
29
29 3 a
29
29%
28
29%
3.100
Kress
27
27
27
27 Va
27 Va
27%
27%
28 Ve
28
28%
27 %
28%
7,300
600
$5
(G R)
prior
Kresge
i
4
18% Apr
7
35% Apr
Jan
2
17%
Mar 25
Jan
7
30
Feb
15 V
a
25
8
15
Nov
Apr
11%
Feb
100%
Jan
Dec
Jan
7
93% July
•10%
.
Apr
11'%
Sep
103%; Doc
14 Vi
Dec
Jan
9
Dec
May
105 %
Jan
' 26%
Jun
37%
Jan
11%
Apr
15'%
Dec
24'%
Jun
29
Jan
4%
100
Mar 30
28-% Jan
29%
81%
5
109
29
May
6
2-
Jan
Oct
16
Mar. 11-
14% Apr
■
Oct
7%
.
1 % Jan
13
3% Apr
1%
Jan
2%
par
34% Jan
12
40% Apr
30%
Sep
40%
Feb
18% Jan
2
23 Va Apr
17
Mar
22%
Jan
1
2% Jan
Jun
3'/4
Jan
.
.—.No
Co
Kresge Dept Stores..
(S H)
108
124
Jan
No par
Co.—
preferred
(S S)
Mar
2%
1
Kroger Grocery & Bak
■7.900
Kinney
8% Jan
102
2
Feb
117
8l
No par
3
40
420
14%' Jan
5
23
10
*2%
*39%
-
pur
83
5
Feb
96
2
103% Feb
(J)
Apr
10% Apr
16 Va
124
2
5
preferred——.100
conv
*2%
:
20
preferred. 100
Kelsey, Hayes WhTconv cl A
.£.1
5%
Kavser
Kendall Co $6 pt
35%
2%
Furn„
Si
Southern,.
City
Keith-Albee-Orpheum
28%
2%
Kalamazoo Stove
9%
*17%
18
29%
2%
127
*105
A
112
-
*17%
2%
2%
3
*—/■-■
18
13%
'
*95
15%
1
18
112
xll%
98
*15
14%
*108
112
*95
18%
29
12
*105
UA,'; :'Ar
9%
28%
*11V4
15%
:
9%
28%
96
96
*15
*105
*122
127
9
10
9%
18%
No
Preferred
63%
82
120%
6
36
„——
preferred.
Manville—_
Johns
4,800
133%
15%
33%
33%
80
*131
16
.
*122
15 Va
13%
83 %
133'%
Co..
(W B)
16
59% Mar 25
>
11
135
Jewel Tea Co Inc.
4% %
Apr
4'A
K
96
*108
82%
*131
133%
Jarvis
Dec
24 Va
5-
4
v
Dec
Apr
7 J
...
2,700
Mar
12% Apr
57
1%
.Jan
—
2,200
106
Jan
12%
1
Corp
preferred—
$6
12 Va
3% May
38
Apr
.100
-No
-No
11%
28%
*103
No
——2.
29%
11%
29%
2,500
16
*105
13%
83
12
107
•
11%
12
13%
28%
*103
148
*141'%
5'/a May
100
l——.
Island Creek Coal
Jan
6
Mar 25
-Jan
50
Dept Stores
Intertype
4
37% Jan
%
40
par
Silver
Preferred
136
V4 July
28
No
—
Foreign share ctfs.—_ -No par
Interstate
•
.1,200
111/4
11%
18
11%
28%
31%
11%
11%
18 "a
'12
31%
'/
13%
11%
11%
18
148
30
900
79
29%
*105
*141%
4.500
-
;
13%
12
29%
a
148
12%
98
12
9%
15%
11%
*97%
2% Mar 15
2
3% Jan
:
...
_
Intern'l Telep & Teleg
;
45% Jan
par
100
preferred.
C-u '
127
*941
17,300
12%
29%
15'%
191,000
64
29
96
15%
9%
9%
13
32
82
9
98
31%
7%
12%
16 Ve
'/a
No
__
_
Salt
•International
>
.100
of Cent Am..
International
>
9%
//,
12%
32
V
65
11%
*94%
10 V'4
13 %
25%
■
15
preferred
conv
International Shoe
800
82
29
*28'%
10%
•
110
*103
13%
*131
'
.100
Co
Paper
5% .preferred
500
64%
12%
*122
9%
•
WW
—
tPreferred
5 %
1,800
81
;f
*122
110
43
-
*97%
106
'
41
9%
12%
*101%
*131
85%'
40%
13-%
28%
106
133'%
*131
42 Va
98
n%
28%
28
*101'%
.
83
84%
84%
84'%
*131
105
*100
—2
Mining Corp—.
Inter Rys
4,400
/:; 640
32%
13 Va
*141'%
12%
12
28'/4
28 %
28%
105
12
11%
11%
11'A
32%
32
148
preferred
International
2.900
6 %
43
10
10Va
12%
32%
*28
/ ■/■
46,200
56
44
*97%
*13%
*100
•;.>
:i
57
6
56*
*
13%
*141 Va
10%
9%
98
13 Va
148
56
6%
56
32%
*103
110
10
'
13%
•
57%
4%
300
11%
*41%
42%
110
99
10%
44
44
*103
■! :
•
132
*128
:
32%
*43 'A "44
33
9%
*141%
6%
55 Va
12
Client
'
Va'
32%
9
12%
6'A
55%
132
,
6,400
A
Marine
Min &
Internet
'
54
9%
*97%
*128
133
11 %
44 //./V
'33%
33%
110
:
*i3°
55
44
32 %
*103 %
/
34%
59
6%
53%
32%
*43
*108
17
12%
53
~No
13'A
15%
36%
58'%.
6'A
6%
52%
Mercantile
12%
17%
35%
'
Int
14V'a
36%
-.
24.200
..25
Hydro-Elec Sys class A.
17%
6 %
V
Int
13%
5%
133
10.000
17%
6%
1-2
•■!•
.2
14%
*65
67
*130
133
*130
11%
11%
1%
17%
35%
36'%
1%
13%
■
5%
6
5%
35 Va
1%
2
'
35%
*
1%
2
14%
13%
14
13'%
>:
2
2 Vb
2
—
.
& Co
11
23% Jan
4
,29% Apr
24% Feb
26
2%
10% Apt-
Feb
19% May
■27
Jan
22 Va
Apr
29'%
Jan
7'%
Apr
13
21%
Apr
41'%
Jan
18
28 %
Apr
4
16
Mar
29
4
66
Mar 29
11'%
i
13%
13%
14
14%
14'%
15
14%
*14
15
13%
14
430
Laclede
59
60%
60 Va
62
63'%
64%
62%
64
64
64
59%
59'4
560
5%
23
23%
22%
23 Va
22 %
22 7
21'■«
22
17
17
16 Va
*15%
16
15%
15%
*22%
23
23
23 3a
*15%
16%
16%
16%
36
*35
35%
35
*23%
24%
24 %
118
*115
*16'%
35%
24 3i
*115
,35'%
34 Va
34%
34%
34%
.
4.200
400
7%
7%
1%
1%
1%
13%
14%
14%
15%
15%
15%
29%
29%
30%
30
:
.
.7%
30
'
30 Va
'
:
116%
6%
7%
6%
7
6
6%
30,900
1%
1%
1%
1%
1%
9,100
15-%
15 Va
15 %
13%
14%
22.300
30
30
29%
30%
29
29%
4,400
*17%
18%
18
18
18'A
17%
18 is
17%
17%
17 Va
18 Va
900
31%
31%
31%
31%
31'%
31%
31%
32
31%
32
31
31%
•1.800
36%
36%
36
36%
36
36%
35%
36
-6'4
33%
36
6%
6%
7Vi
6%
For
footnotes
*18
7%
7
see
page
1339,
7 Va
7
36%
,
7%
•'
7 Va
Bryant
.No
Lehigh
1%
15
No par
'Lee Rubber & Tire
40
'
1%
100
Louis
(The)
1,800
*116
7 Va
Co
1,600
24
117
1%
St
100
34
24
*116
7Va
Co
22 34
24%
116%
1 %
Lambert
Lane
Lt
33
24
110
6%
Gas
preferred
22%
25
118
24%
*115
118
15
7%
6,500
80,400
Portland
.5
Cement
.1
4 % conv preferred..
'{Lehigh Valley RR
Lehigh Valley Coal..
6%
conv
Lehman
preferred
Corp
Stores
(The)—..
Corp..
Libbey Owens Ford G1
Libby McNeill
&
—25
.100
.50
.No par
50
Lehn & Fink Prod Corp.—
Lerner
par
-No
1
..5
par
9% Jan
35
Jan
17% Jan
7
23% Apr
5
11% Jan
7
16% Apr
5
26% Jan
20
Mar 25
25
Apr
6
7
4
107'% Jan
27
2% Jan
2
};! Jan
2
11% Jan
6
I
15%
Apr
18'% May
104
Aug
2%
Jun
5
til
Dec
15% Apr
6
8'%
Jan
30% Apr
6
Aor
1
7% Apr
6
1% Mar
17%
Apr
Sep
Dec
(11%
Dec
28
Dec
23%
Jan
113
Jan
4
1
Jan
%
Jan
15 Va
Aug
25
Dec
Jail
12
14% Jan
6
19
11%
Apr
14% Aug
23% Jan
8
33 % Mar 30
18
Apr
26%
Dec
37'% Mar 29
20'%
Jan
33%
Dec
Mar
5%
Jan
24
—No par
31
Jan
12
7
5
Jail
2
Libby—.
36
116% Apr
27
Jan
8% Mar
May
7% Apr
6
4
Volume
Number
157
THE COMMERCIAL & FINANCIAL CHRONICLE
4167
LOW
Saturday
:,
1
32%
SALE PRICES
HIGH
Tuesday
Apr. 5
1 per than
32%
AND
Monday
Apr. (J
Apr. 3
*31%
33
Apr. 7
* per thart
than
per
*32 ¥4
;;
STOCKS
Thursday
Friday
.
'■¥-
Apr. 8
,
1 per thart
32%
32%
Sales
Apr. 9
! per thart y
32%
32%
•'
1 per thart
67
*68
67%
69
174
*27
.
35%
40
17%
18 Va
18% V
23%
23%
31%
67%
66
66
;•
68%
:
67%
68
J'
40 ¥2
17%
17%%;.
19
19 ¥4
23 V2
24 Va
'24
■'
56%
56%
44%
44%
9%
9 ¥2
9%
25
19%
154
¥
20
73
19
"
:
,
154
Liggett & Myers Tobacco,.
*19%
v!
*153
20
20
72%
73%
23%
,
24%
r
56
44
20
19%
20
73 ¥4
V"
•
19%
154
72
•!.
153'%
V:
19%
19%
!
72
19 Va
23%
*
35 % •'
36
26
35%
•
36%
••
26'/4
26 %
26%.
12%
22%
33
Jan
Apr
73%
Jan
74%
Jan
Apr
3
179 ¥2 Feb
164 ¥2
Apr
Apr
174
24,
Jan
7
36 ¥2 Apr
34% Jan
ID
40% Apr
25 ¥2
May
",12% Jan
4
9%
Jan
Wks_;
No
par
No par
No
par
Lockheed Aircraft Corp
Loew's Inc—
No
Lone Star Cement Corp..
No par
Long Bell Lumber A—__No
Loose-Wiles
Lorillard
110'
"700
15 Va Jan
'
6
19% Mar
16% Jan
5
25% Mar 2.9
22%
*187/a.::
*300
36 %
36%
36%
36%
34 ¥4
j.
35%;
58% Mar 29
37
Jan
46%
Dec
46% Mar 22
31 ¥2
Jun
42 ¥2
Jan
par
6¥a Peb
4
9% Mar 25
2% Mar
7 Va
Dec
18% Jan
13
Mar
19%
Nov
16% Jan
2
11%, Apr
16%
Nov
^_100
5,800
1,100
12
15% Jan
6
20
2
11%
Apr
18
¥4
Jan
8
73 % Mar 29
55 ¥a
Sep
76%
Jan
20¥2 Jan
23%
23%
23%
" 22%
6,600
8%
9%
-*18%
5%
5
17%
14%
22
2
&
14%
5%
14%
22%
22%
8%
" 5%
.
36
27
y{
4%
16%
16%
14%
13%
21%
22%
;
5%
6%
35%
35%
35%
25%
27%
27%
24%
25%
*163%' 175
*163%
44%
;/
168
175
168
"46%.
45%
44%
:
"
6%
V; 24%
r.
15%
16 V'a,
10,500
15,200
24 V2
9,900
168
45%
4%
4%
4%
27 %
27%
" 27 Vi
*160 "
v:
4%
4%
4 %
4%
.26%
26%
26%
*100%
4
4%
'
■>
*100%
26 %
%
26%
.
*100%
4
320
1
Corp—
____5
16%"
16%
16%
16%
16%
16%
i4%;
14%-'
14%
14%
14%
14%
14%
*107
49%
18%
18%
110 %
9
9%
9%
v
7%
24
28
:
r
9
10%
75 &
31
74%
*72%
30%
30%
8%
28%
28%
*27%
28%
34%
34 %
'33%
8'/a
8%
24%
24%
30
67
24%'
%
*
112
108
67%
66
110
%
109 Va
86%
86 %
87%
20
20%
"! 19%
20%
3%
88
26%
600
Merch &
33 ¥2
: *32%
34
700
Mesta
Machine
Miami
'
:
8%
66
23 ,V
27 ¥2
V27 ¥2
5,300
115%
115%
230
67%
2,900
V;.:,
24
67 ¥4
v
67
6 %
-
*107%
.
87
87'"
20%
19%
20 Va
*84
19%
"i 24%
25
24%
24%
23 Vi
23%
2.300
Mohawk
88
89
88%
87 ¥4
87%
1,600
Monsanto
89
119
*120
119
119
3%
10
119
44,800
40%
39%
40%
V 38 ¥4
•34%
*34%
V
113%
37%
38%
35
35%
a
35%
35%
34%
20%
21%
21%
22%
19%
14
13%
14%
14%
14%
13% ¥14%
14
14
13% "14
15 %
15%'
15%
17%
17%
18%
17%
'18%
18"
18 ¥4"
17
29
28%
28"%
29%
29%
i28%
29%
28%
29 ¥4
27%
•"5%
5%
5%
,
'
5%
%
.
*64%
65%
*63%
66
*21
21%
*21%
22
21%
•65
65
64%
65%
113
113
5%
21 %
64%
64%
*113
115
*64%
66
21
64%
64%
"f 65
*113%
11414
*113%
.8%
9%
!"8%
44%
*43%
,V:
43
*43
',' ■■■
1
44
*43%
Y'
$4.50
$4
36 ¥2
•
17
"
55
20¥2
Mar
Apr1
¥4
108
Apr
Jan
Jan
7 Vi May
Mar
Dec
4%
77
72
Feb
Jun.
32
Jan
6
Oct
v
;
8% Apr
Jan
4
34% Apr1
22¥4
Jun,.
29
9
32% Mar
21
Apr
33 Vi
Oct
Dec
30 Vi
Jan
Apr
7 Vb
Jan
19%
Dec
Dec
Oct
24
I-5% Jan
4
9% Apr
5
18% Jan
6
24% Mar 30
12 ¥0 Mar
par
20% Jan
7
30 Va Apr
8
16 Ve
May
.23%
Oct
106¥a Jan
58
Feb
4
118
Mar 22
88 Vi
108 Va
Nov
8
67
% Mar 25
35 Va
Apr
Jan
59%
Dec
103 Va
Jan
108
Xl07% May
1% May
111
;
,
•
21
*113 ¥4
114 ¥4
8%
*43
45'
43 Vb
1%
1.000
9%
62,800
38 Vi
970
115
par
par
'
No pur
1,100
2
No par
&
& Co
Essex..—
Wheel
Co
1%
6
12%
Feb
Oct
Jan
34%
Dec
Mar
3
28 ¥2
Apr,
Dec
6
12 ¥4
Dec;.
11% Jan
12
21% Jan
8
2% Jan
2
Feb
120
23¥2
37
Oct
Jan
110%
1
22% Apr
48 Ve Mar
29% Mar
14 ¥2 Mar 30
6
¥4
Jan
11
18% Apr
9%
Apr
12%
Nov
20 ¥2
Aug
25%
Jan
3 V'4
Jan
7
31
7
Mar 29
.
.
Oct
8
2
53
Jan
7
66% Mar 20
50
Jan
63
Feb
15
*•
No par
Jan
5
22
11%
Jan
17
Dec
Jan
7
68 ¥4 Feb
15
69%
Jan
Jan
25
115% Feb
27
108%
Sep
Jan
6 ¥2
Nov
Jun
39%
Feb
3 Vb
July
No
(G. C)—_-
117%
Oct
Oct
Apr
Apr
8
No par
May
May.
41
33 ¥4 Jan. 14
1
•;
110
.102 ¥a
5
:
91
May
MarlO
31¥2Jan
-
4%
18
112
Mar 19
119% Mar 23
114
-—5
Corp____—1
Brass
14%
¥ 13
Jan
9% Jan
i. —'50
1
Nov
Apr
Jan
1
——
Corp———No par
Mar
Jan
119
2
20
*
(J)
Jan
Jan
108 % Jan
Oct
67
%
66
Oct
Dec
Jun
1%
11% Apr
Mar 19
118
par
No
B
8%
3%
25% Apr: 5
90% Feb 10
4
84
57 ¥2
•
,
4
3% Mar
17% Jan ..-12
Murphy Co
200
IV*
•
20 ¥2 Mar 30
2
No
series
$7 preferred
20,900
-V
13
% Jan
3% Jan
par
Munsingwear Inc
20
7%
V 43%
9 ¥4
13% Jan
•Mnllins Mfg Co class B--.
64%
114 ¥4
i7
Mcrrell
500
4
64% Jan
No
110
64%
65 ¥4
preferred
9lOOO
.
1
113 V2 Feb
par
i—10
preferred series C
Motor
109¥4 Apr-
7Va Apr- 8
88% Mar 27
—100
Co
Mueller
5%
3
—20
2.000
66%
6
2
No
Mills-.
'27%
,21.
19
Jan
No
1
Chemical
Motor Products
3,500
Feb
109 ¥4 Apr
_1
:
—
13.400
66 ¥2
■-?
/ 107
100
tMorris
400,.
13,560
par
63
preferred—•———1-100
112
Murray Corp or America
10 vV: 1, 5%
Myers (F E) Si Bro—
No par
34¥2
+4%%
'
>>
Oct
7
34% Apr
1-100
Impl
¥2
*SVz
1
21 1
::
45
Nov
64%
Dec
Dec
2
26
Montg Waid & Co Inc„
15,000
20 ¥4
66 7
66
-
*34%
V: 18%
6 %
5%
20%
,
'
43
5%
66
20%
*113% '114%
8%
9%
8%
8%
8%
8%.
•
66
■
•'
40
-
35 ¥2
20% ; 20%
5
94
x5%
1—10
Carpet
Preferred
20
21
Jun
::
Dec
15%
110
26 ¥2 Apr
No par >
preferred series A-
180.
113 ¥4
14
351
7.%
.
220
r
113 ¥4
Power
Mo-Kan-Texas RR
.'6,200
'
*120
•
113%
" 40
40%
31
Vb
6
Feb
76
9
Jan
May.
100
Corp
25%
3% !
19%
5% v:
Mission
4,700
9¥«
113%
9%
-
Deo
13
i.—__No
preferred
3 ¥2
'
5%
S6.50
400
10%
*34%
*28%
Minn Moiine
3%
113%
39
Jan
Nov
Jan
preferred series C_
10%
*118%
Oct
Va
—10
Petroleum
Prod
pfd series B_:
conv
4 ¥4 %
25,800
86"
j.8%
4¥o
-
3%
*120
15
25
—5
1st
cum
11%
113%
V
Jan
Feb
4% Jan
par
5
Steel
3%
112%
No
preferred—
Minn-Honeywell Regu_—
20
6%
39%
•
8%
10
110.'"
6
7%
Midland
10%
*120
113
60
27
^„50
Co
Co
Mid-Continent
9.000
¥*108%
'
110
87%,
89
preferred
Trans
89
1
27 Va
26
10% Apr
9
24 Vi
'
116
40%
40%
'
30.400
30 V'a
"V
115%
6%
,
Mln
3%
*118%
.
•112
30
.
24 ¥4
24
-•
8
'
1st
4
108 Vi
9
5
24
Oct
Jan
Jan
9% Apr
8
110% Mar 29
Feb
12%
14
Apr
101
Jan
'
GVi
31
6
1
—
14
Dec
Jan
Va Apr
•
Mar 29
•
49
May
6
Feb
27
30%
1% Feb
12
11
44
•
;
Sep
4%
9% Apr
2
Jan
6
113
Dec
N
%
*1%
1 Va
9%
10 Va
1%
1
9%
9%
39 Va
39%
40
40%
18%
19
19
*1.
1%
•
*1
1%
"
"■
*6%
7
6%
9 ¥2
9 ¥4
:
1 Vi
1%
■
•
9%
10'%
9%
40 %
39%
39%
28%
39%; '!
19
9%
10%
39
19%
V7;
*9%
9'a
19%
18%
49 Va
18 ¥2
18%
7%
7 Vi
9%
9 ¥2
*9%
11%
" 10 Vi
7
8%
•
38
!-'
'"'17 ¥2
18 %
.6%
9%'.
7%.
9 ¥2
9%
!
•'
6%
••
7Va
10%
19 ¥2
19%
/;!
173
11 ¥4
20
20
20 ¥2
7%
7%
7%
24%
24 V.
13%
14%
44 ¥4
14 ¥2
18
18%
18 Va
I8V2
.9 ¥4
9
8%
8%
*9%
8
*9%
9%\;
:
•
20%
/
7%
23%
w
2
10 Va Mar 30
2
40% Apr
5
16 ¥a May
29%
1
15 ¥2 Jan
4
19% Apr
1
13 Vi May
19%
Oct
1
5% Jan
2
10
8 ¥4 Feb
3
National
Nat Automotive Fibres Inc
1.400
6%
Acme
14 Vi
13%
18 V2
18
9
9 Va
9
*9
.
8%
9
18%
8 Vb
•
¥2
9%
30%
30 V8
30%
30 ¥4
30 Va
29 Va
*22%
23 ¥4
23%
23%
22 ¥2
23
8%
8%
8%
8%
8%
7%
83 Va
84
16%
17 V*
16%
171:.;"
•'
*168%
171
*138
% '
140
;
169"?
" 138
19%
18%
19 V2
32%
33
33
5%
"
5%
19%
»A
34
5%
5V8
kmezi
84
.
9 ¥2
83%
47%
17
169
138 ¥2
19%
'
'
v
83 ¥2
v
82
100
8¥«
61%
61%
9%
9%
934
10
21%
20%
24
74
*21
"
73%
74
*78
10
12 V2
12
*18%
!
21%
9%
73 "2
73 ¥2
73
78%
78 ¥4
78%
53a
5 ¥4
5%
5%
;':-
18%
19
5%
140
'
33%
5 V'a
10V4
9%
10 Va
9%
13 ¥4
12 Va
13
18
4
19
35%
14
22%
73%
73%
*78 Vi
;
-
9%
9%
•'.'-'19
19
13
10 vb
19
19
*18%
*83
*48
50%
48
48
*48
109
108
108 ¥a
*108 ¥2
110%
36
36%
36%
37 ¥4
37
37%
37
37 ¥2
13%
;
;
*100 %
20%.
102
14 ¥4
13%
14%
13 ¥2
13%
13%
20%
20
20%
*100 Va
102
*100%
32%
33%
34%
35
35%
3 6 ¥4
18
18%
18%
19 ¥2
19
19%
19 v8
For
footnotes
see
page
1339.
20 V4
100%
.
101
100%
20
*100%
'
7
5
8 V2 Mar 25
25 Va Mar 25
v
13 Vb
85
48
*
48'
108 ¥2
7,400
35
12%
13
19%
*
100
¥2
1,100
10
,
300
,
110%
34
.
29,600
30,900
18% ■19
20 ¥4
101 %
4
9 ¥2
610
5,300
.
12.200
.
20
6,100
100%
36
35
35
33
.35
18%
19%
18%
18%
16 V*
17%
100
•
"
3%
11
16%
Dec
5%
Apr
Jan
Jan
Nov
! 20
Dec
5
6%
Sep
9%
Dec
8
12%
Apr
15%
Aug
No par
6% Jan
13
9% Mar
3
4%
Jan
7%
Nov
10
Feb
8
31
Apr
5
No par
!
preferred—
conv
Lead
V
x25 ¥4 Jan
V 17% Jan
-14
Jan
160
Jan
13
!
137.
Jan
Feb
24
8
84
2
J.-100
8
17% Apr
4
14
8% Apr
12
70% Jan
par
1—10
s.
23 ¥3 Apr;,, 5
15
Jan
6
1
No
Co
-
9 ¥4 Mar 16
—10
-—No par
Stamping
Gypsum Co—
preferred A_1
Mall
&
St'l
National
$2
6
t6 %
s
.
No
Co
Lt
s
Corp—:
-10
—40
preferred
Co
1—
No par
1
serial
N'port News Ship & Dr Dock
preferred
3.100
New
York
Air
161,700
New
York
Central
Brake
4
29%
Apr
5
1 Vi
Apr
Apr.
8
8
Mar 31
63
Feb
May
70
Feb
4
Oct
9 ¥a
Feb
5% Mar
9 ¥2
Dec
7
13 ¥4 Apr
6
19% Mar 30
11
86% Mar 15
48
-1
1
No par
17% Jan
2
95 Va Jan
7
No
27 ¥2 Jan
2
103., .Tan
12
par
45% May
4%
2
Oct
51
5
106% Mar 31
Jan
Feb
8
11
Nov
16%
4
Jan
3 Vb
54
Jun
4
37
17% Mar
36
May
9%
Jan
9 Vb Jan
Jan
Jan
74% Jan
16
Mar
6 ¥2
6% Apr
12
par
4
10% Apr
10 % Jan
No
43% May
5
2% Jan
Jan
Dec
2'% Mar
26% Jan
Newport Industries—
$5 conv
11
¥4
2
74
preferred-—100
Newberry Co (J J)
No par
5% preferred series A
100
Newmont Mining Corp_
—10
conv
Jan
5% Apr'
79% Mar-31
6
16V4
Jan
Jan
par
72
Apr
13
Jan
No par
11%
Jan
57
i—No
Jan
■60
Dec
168
22%. Apr'
5% Jan
6%
146
61% Mar 29
]4V4 Jan
Apr
Mar
62
Nelsner Bros Inc
4%%
.'
3%
May-'
36
¥
Jan
Sep
Nov
145
100
Nehl Corp
*
521
Nov
26
is
129
'.
19% Apr
<
5
2% Jan
9%
Apr
14 Vi Mar
Feb:13
145
..100
preferred-—
National Tea Co
Natomas
31 ¥4 Feb
par
r—^25
prior preferred
prior
14% Jan '13
par
1—• 4
No
8% May
17%
.
170% Mar 26
!
100
Supply (The) Pa
conv
t5% ',a
-
Steel
,_t
Cast Co
Oil Products
National
5,800
5%
12%
18% Apr
National Power &
26.700
\
,.
80
<
35
.
20% Apr
4
Oct
14% Apr
320
*83
13%
20%
•
110%
78 Vi
12 3
'
20 ¥2
Jan
9%
2
National
5,400
72%
Vi
8%
50%
108 Va
Oct
166 Vi
4
Nat
63,500
•
21
5 ¥2
85
108
16 Vi
May
9% Jan
$4.50
4,300
58 ¥2
78
19 ¥2
83
,
May
18V'a Jan
f6 "!r preferred B_1
72
;
13 VV
83
86
Vb May
14% Jan
No par
17 r,'o
19%
6 V'a
13%
Jan
6
13
140
5 ¥4 Jan
10
Dee
_—_1
National
900
4%
-v9%
79 ¥2-
6
53
*108
14
21%
6 %
v
17
No par
Register
160
32 Vi
%
57 ¥2
-
85%
*48
35%
11
*83.
*83
109
13
,
18%
18%
85%
10 Va.
10 ¥4
4
Cash
Corp
250
140-
*3114
-
,
,
61 •- :
73 Vi
Corp
Nov
8%
No par
120
"
12%
¥2,
60%
: 79
Share
5 ¥4
Jan
8
20 Va Apr
171
7
Apr
5%
Dairy Products—1
National
15.70Q
n69"-" 171 Vb
."
21 Va
...
21
,
78%
48
*108
10 ¥4
&
Can
Jan
3
Mar 24
11% Mar 29
7
2
162,
100
7
9% Mai-12
■
140
6ivi:;
61
74
9%
19%
83 ¥2
*46
,
9%
2034
;•
,V.
61%
5
5
9
61 Vb
*78
78%
5
61%
_10
is—
Nat Enam &
'
61%
Bond
8 Va Jan
15% Jan
1—5
Corp>
Co—
6% preferred
Nat Distillers Prod—
1,100
15,900
82
Aviation
Biscuit
7% Apr
-
Oct
Nov
National Dept Stores—
18,300
V
V
r
i
•1:7
4
Nat
6,600
9%
-
■National Cylinder Gas Co
13,500
-
!.V-16Vi •••17%
17 % /•
33%
19 ¥4
5 Vi
,
*9 ¥2
*169':;. 170
34 -Vi "
*33%
4%
17.V4
*139 ¥2
139 Va
18%
:v;!
5%
*83
17 V'4
170 V4
V169
•;
138
34
84
•
9%
*9%
Nat
-
preferred
National
3.100
*12,000
29%
23%
9%
Nat
13,300
8%
30%
83%
..
9
4.3%
/■; 2314
17
5%
13%
18%
23 V2
83
32%
22%
17 Vi
14%
18 Vb
7 ¥0
800
7%
23 %
31
17
18%
! 14%
18%
National
•National
200
7 ¥4
23%
14%
3,500
Co—
preferred—:
conv
15,600
171
.!' 19%. ,20
7%.'
23%
11
19%
19%
*169
20%
7 ¥2
24
18
9%
23%
14 V'4
r
24 V4
20 Vb.'.
173
*20
4
7%
24%
83
439
20 3
7%
.
.*169
23
8%
*139'
20%
"
20
.
171
30 %
30 ¥4.
*167 ¥2
8
11%
19%
*169
8V2
29%
23%
8
V
11%
19 ¥2
171
20%
24 ¥2
11
20
171
24'%
::
11% V
19%
171
171
20
"19%
11 Vb
10%
10%,
19 %
Dec
Jan!
6% Jan
"
*169
1
3%
-1 % Feb
23% Jan
6.90O
-
9%
5
-—No par
Nash-Kelvinator Corp
—5
:tNash Chatt & St Louis——a.. 100
Liquidating Co
7,800
'
"
7
.
9%
,10
Nabco
Jan
17
Oct
Dec
70% May
75 ¥2
Sep
Apr
7
28
Apr
39 ¥4
Dec
112% Jan
30
104
Mar
110 ¥2
Dec
22 V2
Apr
30 ¥2
Feb
7 ¥4
Apr
11%
Jan
15%
Dec
25 Vi
Jan
93 ¥2
Dec
109 ¥2
Jan
23% May
32 Vi
Feb
12 ¥2
Oct
37% Apr
8
14% Mar 30
21% Mar 30
100% Apr
3 6 ¥4
7
Apr
6
19% Apr
5
6%
Jun
,
Nov
5
19 ¥2 Mar 26
67% Jan
par
i
T
(The)
conv
88
89
-
Copper
9%
5%
Co
25
v
119
*120
'& 112%
26 ¥2
Mengel
11%
11
25%
119
*120
3%
3%
11
" 25%
88 %
28%
*107%
86 %
9%
88%
950
66 ¥4
6%
19%
*118
34%
*108%
6%
3%
25%
33%
110
86%
25%
34 ¥2
108 %
6%
Melville Shoe Corp
1,900
-
111 Va Mar
101
100
t$5.50 pfd ser B w "w_—-__lVo
240
1
22.000
108 %
6%
10%
30 ¥2
106s,«
*
109%
6%
19%
72%
30
8%
i
30
13
No par
71 •'
33
116
6% Jan
No pur
8%
'24%
29%
M_^l
t$6 preferred series A_.
7 ¥2
9%
115%
116%
66 %
110/
23 %
30
29%
115
6
/
6 % conv preferred..—Mead Corp—i
i
.-
8%
34
116
260
27
22
8
15
Apr
50% Apr
,
Jan
101
.
99% Aug
24% Mar 15
r
14¥2 Jan
20
74
7
109 Va Apr
.17,900
30%
Jan
-100
•:
:
*27%
^
May
___18
3 3 ¥2
34
Mar
7
10%
74
28%
9
10-
38¥4 Jan
86
30%
8
8
—-'5
Co
Nov
14% Apr
6
109% Mar 31
13
Stores
3%
1 ¥4
17 ¥2 Apr
11
McLellaii
Jan
Jan
2
176
-
Jun
8¥2 Jan
•
46 Vi
76
19 ¥4 Jan
¥4'^ preferred—
Apr
13% Sep
1
Jun
Apr
8
par
+5
5,100
¥
108
9%
*831/4
33
8% f
108
85 %
"
8%
32%
8%
9%
V 104
Jan
19% July
9
r.
260
9
100
29 Vi
6'/a
31
4
27% Apr
No
—
:
Dec
Nov
100 ¥2 Feb
McKesson & Robblns Inc
11,200
10%
74
32%
8 14
17%
preferred—
Elec Co
V*
25 Vb
9
Molntyre Porcupine Mines-
1
'
Oct
Jan
Jan
34
Aug
.
4
McGraw-Hill Pub Co—
V*
26 Va
.
162
Mar 18
4% Mar
11
12%
\
19
6
Mar
Jan
Jan
McGraw
110%
109
100
4,800
17%
10%
30%
8
32 %
67
6%
•
21% Feb
pat
2,800
3,200
*83 ¥4
32%
*108%
112
10%
85
7
7
50 ¥4
,v
48
16
conv
1.
Jan
3 V'a Sep
22% May
4
Mar 11
'168
2
2¥2 Jan
par
"
¥2 Mar'
V 27% Mar 26
5
Jan
11 % Jan
*109%
9%
X109
10%
85
7%
*109%
•
111
10%
.74
.
9 ¥4
9%
87
30%
>;
7%
112
3%
*108
*85
110
19%
9
110%
108%
10%
85
*108%
10
9%
2
Jari
12% Jan
5%
'
Nov
3 Vi
Jun
4%
6
28% Apr
37
1
,",'49
:•
21% Jan
-1
¥
"
2%
Apr
Corp.:
14%
j
1
Dec
Jan
2
May
McCrory Stores Corp
111 %
16%
8 V'a
McCall
Stores
x6%
17 ¥4
3.200
24
18%
No
May
14 ¥2 Mar 30
par
$6 1st cum preferred-——No
5
23% Mar 29
2,200
14
110
.
1
Jan
~~4%" Jan
11% May
% Mar
11
17% Apr
14%
23%
'
50%
110
28%
07
50'4
IV 18
*109%
6%
50 y«
18%
116
67% '
*85
49
109%
24
28%
116
67
14%
28%
24
If
24%
14%
18%
9 %
*109 ¥2
111%
24
109%
109
1,000;
Jan
7.
165
'
10
No
; :
27%
2
3>'b Jan
par
_100
|
Jan
Dec
5
6
No
Jan
13%
Jan
37
Wks
21 Vi
9% Jan
16 ¥2
; 16%'
'."¥,14
'
24%
14%
18%
!, 34
34
7%
*115
*106 ¥2
24%
14%
31%
29%
*33%
111%
*107
/
109%
6%
32%
*28
14%"
18%
75
•
17%":
14%
109 %
31
6%
17
18%
9%
75
-
?;
110%
*83
31
"31%
49%
9
84%
!
49%
♦108
•
84%
6%
49 %
18%
109
*74%;
30%
15
110
'
9
108
24%
14%
49%
13%
*109%
*
lii'/tt
24
15
111 %
*24
24
*49
♦107
24%
14
*107
111%';-
24
*13%
17
14%
v
.9
5
Stores
Apr
Nov
18¥4 Jan
8
Alkali
Jan
Jan
35%
2% May
5% Mar 15
11
preferred.
131
"
Jan
Maytag Co
$3 preferred,
■
2
Jan
Department
Dec
19
-5
Feb
22
2,700
*101
3¥8Jan
;
,
23 Vi
Apr
Dec
9'/a
Mar 24
2
32
7%
Dec
17 Vi
6
19% Apr
1
May
■
*101
10
8
par
20
27 ¥1
2
27
par
2,500
153
Mar 15
1 ¥2 Jan
\
—No
Mathieson
15 ¥«
5% Mar 25
—No
4 ¥2
4¥a
6 ¥4 Jan
320
1
14'/4 Jan
25
1
24% Mar
•
Mar 15
3% Jan
par
Co—
44%
27
5
12¥2 Mar 26
Jan
Corp
Master Elec
■
*100%
*16%,
/
4%V:
27 ¥4
26% Apr
4
20
"
*26%
2
Masonite
-
3,800
"
168
•"44
46
19% Jan
Martin-Parry Corp.
500
24 ¥2
6
26%
8
.
122
Jun
—_No
Midland
1,100
27%
24
24%
*160
45%
¥ 27 ¥2
28 ¥2
"
35
"34%
'35 5
25% Apr
;10
Market St Ry 6% pr preferred_MOO
Marshall Field & Co..
No par
Martin (Glenn L) Co
j.
1
8,860
14 Va
21%,
•
•
Mar
36% Apr
;
Co
Bros
Marine
27,800
128
8
28
par
Manhattan Shirt
Maracaibo Oil Exploration___
3,100
5%: d 5%
ev*
168
45%
13
20 ¥4'.
V
1.300 •;
;
v,
Sugar
Mandel
600
,
17%
'
24%;
*163%
46%
5
14%
'"*27%
25%
! 24%
4%
22 %
35
28'/a
6
V.
16%
22 %
27%
"
2
5
16%
¥1.14 ' :
14%
22%
35%
6Vb
27 ¥.
*1%
Manati
10,700
9%
*16%'
1%
4%
5V8
,
27%
36
*35%
,
9
18 ¥4 '
1%
•
,*35%
5
•
■
"
.26%'
*
k 9
9
18'4
i%
4%
5%"
23
2
par
Copper
Mahoning Coal Co
330
*275
330
5%
19%;;
1%
17%
16%
*275
5%
8%
18%
5
14
330
5%
18%
1%
22%;.
*275
Feb
Apr'
Jan
No
Magma
5%
154
"
.
No
No par
Madison Sq Garden
320
.
10
Macy (R H) Co Inc
11 ¥4'
.5%
15
8
11
59% Jan
^^„io
25 ¥4?
11 ¥4
22
Apr
19% Feb
148 Va Jan
;
25
11 ¥2 :';-
1
'
26
*
25%
23
•
100
__100
11%
23%
Jan
¥a
7
Forbes—
25%
22%
Dec
Ifffj
&
11%
*275
16 Va
24
No par
Mack Trucks Inc
10,200.
Oct
11% May
14% May
v
10
preferred
26%
2
14
44%
6%
25%
17
16% ?.
24%
MacAndrews
2,500
■11%
19%
2
I•: 5%
25%
*128 ¥2
12 %
9% -:
22
5%
25%
>
26%
5%
-
18 %
5%'
'
36"%
25%
26%
23%
5%
1%
16%
25%
*128 "2
Feb
Nov
12%
11
Nashville—
*11%
V
325
*8
9%
19% f
1%
5
'
5%
•V
25%
5
32%
37¥a
•
__.25
Biscuit
&
18 ¥2 Mar 31
42% Jan
Co....
preferred——
7 %
1V
V
Dec
23% Nov
v ;37% Jan
par
(P)
Louisville
;
—1
Louisville Gas & El A—
2,400
177
22Ve .Jun
'
325
4%
25%
*128%
36%
12 %
22%
*300
25%
*128%
; 12%.
*11%
¥
25
128 %
Mar
Apr
111® m
23 %
*128'/a
20
50%
50 ¥2
No par
'•:
19%
2
71% Feb
16%
5.000
72
-.
Mar
70 ¥8 Feb
2
28V2 Apr
4.200
;;
V
19%
71
■
72
153
33
63% Jan
4
6,300
/ .;!
26
18%
153
4
Highest
t per than
62% Mar 25
22% Jan
7,600
.
8%
25%
19%
153
72%
V
!•
26
>
154
8 ¥2
Jan
1942
I per than
No par
2,900
Vi.
55
43 ¥2
!v;"
26
19
25%
19
a
■V
V31,600
53
%'/:.;
9 ¥4
9
23
30
.
100
Lion Oil Refining Co
Liquid Carbonic Corp__
2,200
3,800
.
43
56%
44 Va
25%
-
155
72
.
56
9%
900
16%
21%
44%
9%
39%
'
¥4'
16
I per shar$
Lima Locomotive
Link Belt Co
5,700
18% '"18%
24%
23%
,23%
•V
18%:,-.
.
55%
19 3
19%
154
/18
,
5
Previous
Year
Lowest
Lily Tulip Cup Corp
900
;
1
Highest
I per shart
___25
', tPreferred
Since January
Lowest
—25
Series B
350
■'■'!,
Range
;
t
Life Savers Corp
eoo
33%
■
'
f:;•:
Fnr
1.700
;28V2
.
39
4i
•17%,
17%
.
28
32
44
•
25%!:
25 ¥4
.
35
♦39%
17%
,19%
57
44%
24%
,40%
17 ¥a
-18 ¥a
:,v;
l'ORK STOCK
V: V' EXCHANGE
500
.
*174 ¥4" 175 ¥4
28 ¥2
34%
35%
23
•'!:
175
28%
40 ¥2
40 ¥2
18
19 %
*174%
.28
34%
44
,19
*71%
36
67%
,
174%
27
55%
25
*19%
35%
.9%
9'/4.
18%
36%
68
174%
28
40
23%
'
55%''
*152
174%
*66
67 ¥3.
68
18%
43%
24 %
*27 ¥4
*66¥a
,v
17%
43%
*
174 ¥2
27%
40
v
55
9%
69 ¥2
35%
17%
/,
67
69
27%
40
•
67
69%.
174%
174%
27%
35Va
67%
68%
174
NEW
,
Sharet
31 ¥2
32%
far
the Week
,
'
.¥67
Range for
-
Wednesday
„
1335
<
THE COMMERCIAL & FINANCIAL CHRONICLE
1336
RECORD
NEW YORK STOCK
STOCKS
LOW AND HIGH BALE PRICKS
Apr. 5
Apr. 3
17%
17 Va
Apr. 7
t per
y per
than
f per
than
17%
18
17
45%
43
20
19%
19%
45
46
19%
19%
19%
*19%
'
•
17%
14%
16%
41%
43%
20
*19 Va
18 Va
20
10'A
10
>
10%
10%'
11%
11
11%
9%
9 Va
9%
10 V*
22'A
22%
23%
23%
23%
23%
23%
24
25
23%
97
98
98
95
96
94%
96
95
96%
96
96%
*102
106
*102
106
*101
106
106
♦98
2,200
25
97
'
42%
*'41%
42'A
43
41%
41
42%
106
40%
1
1
lVa
1
1 Va
1 Va
1 Va
lVa
IVa
IV:
l'/a
3%
3 Va
3%
3%
3%
3%
3%
3%
3%
3%
3%'
*%
$4
%
%
%
%
la'
24%
25%
25
25%
25%
30 Vs
7 *28%
31
*29
173
124
173
174
115%
115%
115
115
15%
15%
15%
14%
15%
55
54
54%
54
54
30
♦28%
.
k
173%
171
171
171
25 Vt
7 30
30
*28
%
24%
25
*24%
V
25%
30 VB
7:
173%
174%
173%
116 V*
114%
114%
15
15%
13%
14%
55
55
54
54
■'
174 Va
♦114%
15%
14%
15%
54
54
*54
52%
53
Y 54
13 %
13%
77/ 7
;
7
•
;
1,100
•
*
17
16%
17%
111%
111%
111%
111
111
5Vb
5%
*5%
19%
18%
40
:
5%
•"
;
5%
5%
43
43
12 Va
♦11%
//''
5'
•
45
1
1
■
19
111%
18 V*
,
5%
>.v45
r
,
•
5VB
*43%
'
5%
.
.
/.;{ 5,800
5%.
7
43%
'11%
11%
-
---11%- •11%
43 V2
11%
•
•
11%-'-.
16%
16%
16%
17 Va
16%
16%
16%
16%
'16%
16%
15%
40%
41r%
40%
41%
41
41%
41%
42%
39
40 Va
6%
6%
84%
84%
84%
20
*148
150
32%
32%
32
/
7%
*83
84%
84%
*7'A
147%
347%
*147%
150
148%
33%
34
36%
55
55
:■
*53
32%
55
V
7%
7%
.20
33
16%
7
98
Apr
3
Jan
22
105
Jan
27
80
6
45
Feb
15
23V*
ft Jan
2
2% Mar
1
1% Jan
4
6
1
ft Jan
4
1% Mar
20% Jan
14
23
91% Jan
5
7: 55
54
2 f
19
36
14
YJan
8% Jan
6
No par 7-11% Jan
Apr
8
Jan
Oct
2%
15%
Oct
30%
Jan
23 Va
Dei
Jan 1
Apr -
"
'192
Mar
143
Sep
%
Jun
108
Mar
Jan
116%
Sep
Mar
11 Vs
Nov
Apr
-
6%
Y'
.39
Mar 16'
52%
Jan
"39
'Jan
53
Apr
9 V*
Dec
14
85%
Apr
96
4%
Jan
8%
Apr
110%
17% Apr
,
113
6
Feb
.
2
-
19% Apr
•'
15
5
-
Feb
15
40
5% Mar 29
13
31
54
8
6 :' •;,
Jan
x3 % Jan
Preferred
Dec
98 V2 Mar 26
.
2
2
.
>7
V
Feb
Jan '
%
5
14% Apr
6
15V«Jan
i
109
Jan
19
24 v
15% Apr
"5
.
7% Jan
107
Jan
,
Feb
Feb
May
'
7 '
7 9% Jan
7
176
110
A
Mar 29
•
Dec
Dec
%
•
;115% Mar 13
par
No par
.—50
Y, 30
2
.
12%
60 Va
/ Mar 29
5
1*,-
—100
No par
4
3
26
"
5
Jan
49VaJan
' 48% Jan
-
50
—50
Mar
162% Jan
9% Jan
50
—50
No
Jan
x
113
-
10
:
Telegraphs
7: Norwalk Tire & Rubber.—
59
58%
59%
57%
58 %r
12
12%
6%
■:
Ohio Oil Co
26,600
18 V*
38
'
*55
57%
,1
45
«
100
8
Apr
•31%
Apr
,
?
v
7 ••'
Apr
>
1
•
Jan
Jan
Jan
Nov
Sep
17%
Dec
38
,
Mar
Y', 3%
•
[ Feb-
20
•
(The)_.
•>;Y
1,400
.57%
10
V
0wen»-Illlnol»'Glaee
11%
2,900
No
11%
10 V*
10%
2,710
Pacific
1.110
par
12%
11
11%
11
11%
10%
10%
10%
37
37%
142'
6%
34
Dec
Oct
•
4
8
Mar
2%
5 7 -151
38
2%
5
-
Jan
12%
30 Va
Dec
6%
Jan
7
"Apr
Deo
79
7
Apr
Jan
4%
Jun
17%
7
11% Mar
132
Dec
Mar \
-143%
Apr
Jun:
7 27%
Dec
42
48
Mar
43%
.
Apr".
xl6%
8
7: 55
Apr
7
54Va Jan 12Y " 60% Marl2
46
Apr
Jan *
59
2*
Mar 19
Jan
Jan
'
Jan
10 V*
7/
Jan
17
3.
90
.
7% Sep 1
*
42% Apr
7% Mar
'
28 Vi Jan 15
.
:
Pacific Amer Fisheries Inc
12
20% Apr
12.50
11%
12 V*
v Y8V*Apr
8
15% Jan
3 '
Co
12 Va
12
2
•;
6% preferred
Outboard Marine ti Mfg_r
YtOutlet Co—-_i—:w__—
.
12
.11%
2
—100
50
2,500
11%
"2
-
57%
59%
,3% Jan
No par
56 V*
*58'/a
" V
Oppenheim Collins
58
'57%
59
6
Otis Elevator——i—
;
■
17% Mar 30
29V2Jan
.8
8% preferred A—
-7
'•
/> 12% Mar-25
-
2,900
35%.
.
No par
5,600
7 V*
150?
34%
v
-
—100
69
Jan
No par ";7:,3%;Jah
50
.
19%
*148
148%
—i
Omnibus Corp
10,300
'
v
.2.50
Oliver Farm Equip..
,r
-
*55
55
v
Norwich Pharmacal Co
900.
f'; 6,300
.
84%
*83
19%
7%
19%
33
Apr
.
1-
Northwestern
.
8
28% Jan
5
Lines—
Air
Apr
101
100
Shipbldg Corp part stk
Northwest
•
1
25
100
100
preferred
tNor States Pow $5 pfd
•
7
6%
19 Va.
'
8
*52
; 55
*52
84%
7
7
20%
8
,*
150
'
19%
8%
20%
150.
85
*83
84%
7%
20%
7%
7
20
6%
7Va
6%
7Va
160
Y
.•v
16'/a
40%
,
290
Dec
2
63% Jan
100
Northern Central Ry Co
•
6%
7
'
40
6%
160
May
16% Jan
50
Northern Pacific Ry
5,300
•
39% 7 ::. 7
/•/'/, 5
.i
.45 :7V.. ..-7
•
•
18:,
39%
Y'7;7
'
preferred
North American Aviation
147,800
8
6% Jan
preferred series
6%% preferred series:
"
,
15%
17 Va
•40
■Y
?
:
110%' 111,7
-18%
*39%
100
14%
16%
1,200
31,600
13'/a
12%
♦99 V*
111
7
40
:••
14 V*
100
16
111%
53%
53 V*
53%
13%
♦99 V*
17
40
H7/B
11%
11%
U%
18%
39%
45
♦41.
45
*110%
53%
13%
100
-
19%
*39;
39%
39%
*41
111%
15
39 Va
18%
"18%
18%
*99%
100
t'H
54
13 VB
13%
13%
*99%
14%
14%
54
54 YV:
54
13%
100
14%
100
99 %'
■%?:
54
13 V*
♦99 V*
Jan
11% Apr
5
6%
i
:
15%
4
14% Jan
50
North American Co
85,100
Jan
No par 7
No par
fNorfolk & Western Ry—
—100
tAdjust 4% preferred—u——100
7> 60
:
Y
10%
Apr
Noblitt-Sparks Indus Inc
100
1,365
'
V 116 V* ,7
*115
116%
*115%
N
Feb
1
Apr
46
Y tN Y Ontario & Western
6,200
29
*26
,
1,300
25
24%
51
20% Apr
18
27
No par
non-cum
Conv
20,100
-
Dec
27
XN Y N H & Hartford
.19,400
.
'
5'
3/
,17% Feb
35
Jan
31% Jan
tN Y Lack & West Ry Co
240
2%
11
10%
I per than
11% Jun
5
i
11
N Y & Harlem RR Co
210
•
I per than
6
J per than
J per than
;;.
100
Omnibus Corp
Y C
Range Since January 1
Lowest
Highest
■
100
preferred series A_
New York Dock
51* preferred
,
360
40%
40
N
3,200
106
*97
41 Va
,
-77
,
6 %
1,700
,
.
.'
Y
.
Range for Previous
Year 1942
Highest
Lowest
.
^
NEW YORK STOCK
N Y Chic & St. Louis Co
13,600
22%
42%
,
EXCHANGE
5,800
44%
10
*101
J
Shartt
f per than
than
17
44%
44 Va
the Week
44
17%
44%
19%
Bales tar
Apr. 9
Apr. 8
17%
44%
Friday
Thursday
Wednesday
Apr. 6
.
I per than
I per ihart
17V*
Tuesday
Monday
Sat«r*»r
Monday, April 12, 1943
22
Sep
?' 57% Dec
P
•
11
11
34%
24
34
"19
18%
35
35%
36%
38%
36%
37 Va
18%
19 V*
18%
19%
18%
19%
19%
21%
19%
21V*
,11%
11%
11%
12%
12 Va
600
28%
■:-,4,400
13%
*11%
15
V-
*12
10%
11 Va
*11%
28%
28 V*
28%
28%
29
28%
29
28%
28%
40 Vs
40Va
40
V*
40%
40%
40%
40Va
40 Va
40 %
40%
25%
25%
26 Vs
26%
26
26%
25%
25%
25
25%
23 V*
25
97
97
97%
97%
98
98
98%
98 Va
98
98
97%
97%
'
153 Va
154
*153
154
*153
154
3%
3%
3%
4
3%
16%
16%
17
16%
17%
16%
16%
4%
4%
4%
4%
31%
32'/a
30%
31 %
30%
4Va
4
3%
3%
15%
Pacific
Mills
t6%
No
35,400
18,400
Pacific Western
5
>
Packard
Motor
*98%
100
23%
24
.111
Petrol
*8%
300
Pan-Amer
110%
110%
530
tPanliandle East P L 5.60%
2 Va
2 V*
12,400
40%
40%
600
♦96 V*
101%
42%
42%
Vt
*96%
101 '/a
*96%
101 Va
*96%
101%
24%
24'/a
24%
23%
24%
23%
24%
169%
169%
*166%
168 %
168%
*153
24%
9;
22
*19
44
Airways Corp..
2%
2%
*43
Pan American
42
42
.
Paraffine
,
7..V
23 Va.
*
23 %
*166
4%
Cos
&
24%
Inc
No
57,500
28%
4,800
24%
2%
2Va
2%
2 Va
2%
2%
2%
28 Vb
28%
28 %
28%
28%
28%
28%
28%
28
18
18'/*
18'A
18'A
18%
18 %
1.8
18%
17%
17%
*58
58
58
86%
86%
42
4%
4Va
4%
4%
26%
26%
26%
27
25
57 Va
*56%
58
56
fnc_
Pictures
88
88%
88%
89
90
88
89
7;
6 Va
5%
89
5%
5%
3 Va
3
3 Va
3
3Va
40%
40
40%
40
41%
17
17%
*17%
17%
17
31%
32
23
23
22%
22%
22'A
22%
51%
51%
51'/*
51%
50 Va
51%
5%
5%
Penney
16%
300
49
49
51%
50 Va
50%
48%
49
49%
49%
39 Va
39%
40
39
39%
37%
39 Va
39'A
39%
24%
25
24%
25
V:
109 Va
42,700
600
'U
46
46' Y
1,800
37%
■
38.;
2,600
Y
24%
*24V*
24%
24 %
24%
*8%
8%
Vr 8%
8%
8%
8%
8% V
8%
8%
8%
8%
8%
6%
6%
6%
6%
6%
6%
6%
6%
6%
6%
6 Va
6%
7,600
28%
27%
29
27%
29 Va
28
29%
26 Va
27%
44,400
46%
*45%
46
44%
46
44 V*
44%
1,360
*83%
*24%
25%
27%
28
45
45
45%
45%
85
85
85
85
85
85%
*85%
87%
86
86
20%
21
21%
22%
21%
22%
21%
22%
21%
22'/a
19%
21V*
77%
77%
78 Va
78 Va
78%
77%
78
78
78%
75%
77%
4,800
*106%
107'A
106%
106%
*105%
106%
106%
107
*105%
106%
106%
106%
109%
109 Va
109%
110
*110
110%
110%
130
*110
110%
*10%
11%
*10%
11%
10%
10%
10%
10%
*10%
11%
*10%
11 'A
*
85 %
91 %
♦85 V*
91 Va
*85'A
91%
*85%
91%
*85'A
91%
*85 V*
49%
48%
49 V*
48%
49'A
48%
49'A
48%
49%
48
48%
*4%
5 V*
4%
4%
*4%
5'A
5'A
5%
5
*24%
*102%
*102%
112
84
81
24%
24%
25
*24%
♦102%
112
*102%
112
5'/*
5
52 V*
53'/*
53
54%
8%
51%
8%
8%
73
*68
73
8%
69%
Y
81
5 Va
5%
5
5Va
5%<
51
54%
8%
8%
82%
5 V*
24 V*
*102 Va
5%
5
52%
8 V*
71
*82%
24%
112
x52Va
8%
*69
69%
82
48%
8%
69
7%
69
69%
"
13%
13%
13%
13%
13%
13%
30
52%
12
*155
184
*178
179
178
178
*178
185
*178
185
*178
9%
9%
9%
*807
6%
6%
*8% >
10
*81
6%
5%
9 V4
8%
82
82
82
82
82
81
81
41
41%
42%
41
42
40%
41%
39
40%
74
74%
73%
73%
71%
72%
71
71
16%
16'A
16'/*
16%
"iVa
15%
15
16 Va
4Va
~4Va
/
3%
41%
39%
39%
39%
40
38%
39
30%
30%
31
31
31%
30%
31
20%
21
20%
21
20%
20%
20
20%
22
22
23 V*
23'/*
22%
22%
*22
8%
8%
8%
9
8%
15%
23
8%
19
19%
20
19
19%
11%
U
11%
10%
11 Va
10%
*10%
11%
11V*
ll1/*
11%
*10%
11V*
*10%
36 V*
55
17V*
16%
87 V*
88 Va
99%
99
109%
*35
36%
55%
55%
118
.
177/b
*113%
17%
17%
86%
87%
99%
88%
100
110%
35%
37
55%
116
100%
110%
110%
,
35%
55 Va
55%
114%
114%
16%
17%
86
99%
110
35
55%
115
17Va
55%
17%
16,500
10 V*
800
32%
34
55
117 Y
15%
3,300
■
::13V* Aug
5% Apr
2
28% Mar 30
(13% Jan
16%
40,300
126
125
125
430
117%
117%
117%
126%
117%
35 Va
34%
34%
32%
87
33%
.
Y
7' 60
56 Va May
1%
14% Apr
May
May
108%
Feb
Jan
257a
23%
Nov
36
5
36
•
18 7
23
Feb 20 7
25
Jan
4
8% Mar 31
19 V*
86
Apr
22% Apr
82
Jan
5
7%
Jun
4
55 Va
Apr
7 106V* Apr
7
———100 7, 109% Jan
7
—100
No par i
•
Jan
65
May
5% Apr
92
1%
86
Apr
Oct
7%
Sep
8
34V* Jan
100
No par
6
>
55
Mar 30
26%
Jan 25
Jan 14
;
9
70
Mar 30
Mar 23
56%
Dec
7%
Apr
5
59
-
Oct
Dec
May
8
15%
1
Jan
,,
19%
4
3% Feb
7
100
80
46
Jan
18
Jan
102
Jan
8
5% Mar 25
'
9
7
3%
'65
Jan
c
Nov
May
43
Mar 29
25,
107% Mar
Feb
18% Jan
102
Dec
/-
110
6Vs May
8
Jan
Dec
79
.
Apr
16
;
76%
*14%
Apr
30
3V2 Jan
No par
40 Va
49
8
49% Apr
70
Apr
Jan 29
Mar 15
1
12
17
20
100
Corp
28%
Jun
Jan
100
Jan
May
7% Feb
79% Jan
5
32%
98
44
Jan
Dec
103
100 1.
Dec
6
22 7
108% Mar
2
113% Feb 27
par
5
<fc Iron
2
14
20
25
6 Va
Mar
6
Feb
No
27 V*
Apr
5
46 V4 Apr
13% Jan
series—
Jan
Jun
4
4
68% Jan
Jan
Feb
Jan
8
Oct
7%
Jan
4
37
Dec
Dec
51%
12
6% Mar 30
29% Mar 29
Jan
2 V*
29%
5Ve Jan
23% Jan
:
Aug
May
6 V* Jan
50 ~
:
30
Apr 7
5
;
7
Jun
5
77-
Jan
15 Vs Mar
4
Jan
47 V*
Apr
%
40v Apr
%
15
16% July
5
6
Sep
Jan
11
6
44 V* Apr
4
•y7 2
''744:7
Jun
,18%
3
6
Jan
Dec
104
3
Apr
Apr
IVa
7. 52V8 Mar 23
6
Oct
Dec
.
32
5
Apr
Nov
82
6% Apr
5
3% Mar 26
23
1%
29 7 a
Apr
44 - Mar 26
.17% Mar 26
,
Jan
Dec
8
109
Feb
32% Apr
Jan
2 Va
17 Va Mar
A Mar
51% Apr
5
Oct
29%
44
18
par
Nov
17
7/
4
27
preferred
100
No par
No
pr
,
17,600
170
,
1
1st
ser
conv
•
Young <fc Ash Ry 7%
(The)—
3
'
38%
Apr
4% July
100
150% Jan
•—1
preferred—
—100
1% Jan
8
29
Jan
Jan
No
51*
51
Teleg Inc preferred
conv
Si
pfd
Inc„
14% Jan
2
-
.18
Jan
18
4
Jan
7
2d
preferred
of Feb
1
;
t$5
t-61*
preferred-.——
preferred—.
t8%
preferred
1
—50
_No
;
6
14
24% Jan
•
"
4
48 Va Jan
6 V*
68
Dec
Nov
Oct
Jan
Jan
114% Apr
11% Jan
No
22% Mar
100
!
,
20
85% Jan
2
96% Jan
4
6
5
6
100
109'/aJan
4.
tPub Ser El & Gas pfd $5—No par
Pullman Inc—
No par
116Va Feb
4'
119
Mar 30
2 ' 35% Mar 31
.
26% Jan
:
62
Oct
Jan
70
Feb
Jun
■
10%
153
July
Jun
Jun
9% Jan
55% Feb 24:
Feb 13
17% Apr
5,
88 % Apr
5
Feb
Jan
6%. Jan
33%
3 Va May'
123
Feb
5 V*
Apr
15%
5
2
-.
Jun
nV«
5
101V* Apr
110% Apr
126% Apr'
,
6Vs
3
.
Dec
Jun
20
5
1
ll1/* Apr
.7 37
Apr
6.
76% Jan
par
—100
Apr
23% Apr
9% Apr
>
7
No par
47%
1
1
6
3-
175
May
58
153
7 165
May
4
4
10% Nov
Feb
3%
6
6
11 Va Apr
'
4
100
4% Apr
41% Apr'
31% Apr
21
*
5
6% Jan
6% Jan
Y
par
'29)
Pub Sery Corp of N J
t7%, preferred—
.17% Jan
No par
5
Gamble——
<ser
par
,150% Jan
28
No par
6
165
Apr
6
.1.
75
Mar 31
16% Mar 29
30
20
165
82
2
-
8
;
Pocahontas
5% conv 1st preferred
7
;
.
:
9
43.7; Apr
4
preferred———100
Procter
7
5
pfd—100
B
Pressed Steel Car Co
13
Apr
6% Apr
10
Apr
4.
A
Postal
..
4% Jan
7 24
66
Jan
7% Jan
Poor & Co class B
'
7.178
4
13
Class
Pond Creek
21
59% Jan
-
9
Jan
6
.13% Apr
170
Jan
4
Jan
Class
Plymouth Oil Co
Jan
4 7 Jan
175
,.
7
pfd—100
5 Va %
1,590
90
9% Feb
1
100
100
490
117%
/ 60 % Mar
r 99
Apr
Jan
par
100
20
1,470
86
•
Oct
Dec
..
17%
Apr
5,
19
A
800
55%
*115
100%
125%
Apr
34 Ve Feb
B
14,000
10%
10 V*
11.0 V*
117%
1339.
35
115
19%
9%
.
109
126%
page
18%
10%
100%
117%
see
11%
100"
class
400
87%
125
34
19%
11
5% Jan
■
Dec
101
■■
29'% Mar 8
.18% Mar 30
9
class
4,400
110%
117%
footnotes
,7 38
Jan
4
preferred
3,000
•
i
8%
100%
118
35'/a
22
7%
87
125
34%
19%
22
8%
110
125
35
19
23
100
118
34%
Apr
Mar
90
;
Jan
23*
Oct
9
1% Feb
,7 28 Ve Jan
preferred
Pitts
20 V*
■"
7 17% Feb
46% Jan
Pittsburgh & West Va_—
86%
118%
34%
28
20%
1 Vb
2
71
Plttston Co.
101 v*
125
For
Oct
8%
Dec
19 Va
3
3
3,300
.
110
125 Va
34%
Dec
Sep ,7 V 106%
14%
6
Feb
23% Jan
100
5%
390
8%
13% Jan
109
50
5
10
Pittsburgh Steel Co
.
360
20 V*
77
100
„„^No par
1,900
15.f
*3%
38%
*22Va
par
"21*
190
30%
20%
>113
71'%
37
19%
55
30
*158
3%
par
25'
Pitts Screw Si Bolt—
;
3,530
30%
11V*
36%
:•>
31%
20 Va
118
7/
39
7 %
2,700
38%
11 Va
55
•
38%
10%
*115
14 V*
82
21,600
*30%
19 %
*10%
♦69%
4
*3%
-
♦76
38
*158
40'A
i
"
71%
*15'A
15%
"3%
30
8%
*69%
♦158
*158
4Vs
4
4
Pittsburgh Forgings Co
Pitts Ft Way & Chic Ry Co
"20
8%
41
♦158
1,900
6Va
9
9%
6%
*80
118%
Oct
27
-.
185 i
109%
3
Jan
8
6
!
$5 conv preferred
175'
9%
6'
6
1% Jan
Flour Mills—
Pitts Coke
40
12 V*
175
6%
3 V* Jan
33% Jan
Pittsburgh Coal of Pa—
;
6% preferred
4,800
♦155
6%
1
24% Mar 30
11
Preferred
4.000
8'
175
6%
Jan
Hosiery
Plllsbury
7,900
69%
♦155
6%
80
Pitts C C & St Louis Ry Co
5%
175
87%
,■
9
77
155% Mar 12
173% Mar 30
9
preferred
series——:
Pncenix
600
*155
13%
101
4
5
—100
1
Phillips Jones Corp—
7 % preferred
Phillips Petroleum
500
24%
175
13%
6
*125
200
85%
*155
13 %
6%
3
100"
tPreferred 4%%
1121
b
98 %
Oct
■%
Apr
.
12
Corp
t4%.%
7
Y 11,500
5 *
175
109%
Nov
42% Apr
102
Jan
7
Jan
Jan
/Philip Morris Si Co Ltd
91%
49
16%
4
IV* Mar
112
Apr
2% Mar
>
7
16
Apr
r.
t$6 preferred—
Philco
27% Jan
par
2.50
No par
200
86 * ••
*109%
*35%
Nov
11%
2% Apr
No
220
110%
'
Jan
148%
Jan
24% Apr
l%Jan
preferred
5%
Phelphs-Dodge Corp
tPhiladelphia Co 6%
26,100
78
8%
19
Apr
Jan
2
Petroleum Corp of America
Pfeiffer Brewing Co
3,000
*44%
*3%
34 (•' Nov
Apr
l7/s
22
Pet Milk Co
900
'
27%
*158
Nov
101
5 Va
1 % Jan
100
Pepsi-Cola Co
Pere Marquette Ry Co
3% prior preferred—
24%
9%
24 V*
Apr
6
17% Jan
23
—No
7,700
13%
*80
,
100
Jan 22
i5% Jan 12
10
13%
13%
25
12
No par 77
,12%
13%
84
,'35l/*Jan
,
56
No
34,700
13%
*24%
par
par
Corp
$7 conv pref ser A.
Penn G1 Sand Corp—
41%
12%
*80
Coke
7
40 V*
14
25%
2
par
JPeorla & Eastern Ry Co„
13%
6
Nov
Jan
32% Apr
5
9% Mar 17
2
No par
6,200
14%
84
16
Jan
2
10 7
—
2,900
13%
*81
Coal Si
Penn
Co
5%
13%
*24'/a
(J C)
51%
43 Va
5% '
7% Jan
105% Jan
7
No
Enterprises
Ford
5
x42%
"
—No
51
43 Va
*177%
20
Oct
21
13%
74 ;
121
8
Apr
1
5%
51
42 Va
13%
23% Jan
Oct
77/16,/-
Apr
8
5
—1
51%
51%
44%
*155
2
9
Penn-Dlxle Cement—
4,200
22
43 %
*70
4
Juri
Oct
25%
22%
,
5
2v.
Jan
No
Patino Mines &
Penick <fe
3,500
22
*21 V*
44 V*
8%
Mar
4% Mar
7 17% Apr.
3Va Jan
9
Parmelee Transportation
11,100
.
30%
22 V-
42 Va
.
3
40V*
29%
42
51
8
Mar 25
154% Mar 29
2%
Mar
5%
22
5
6
.
*16%
*
4%
5
27
100
15%
Jan
63b
•
Apr
91/* Apr
7 7 Jan
Mar 26
40% Apr
1
9
;
Mar
Parker Rust Proof Co
3,200
31%
41%
112
2
138
5%
51%
5%
3
17%
31
5
*102%
4
Jan
139
1,
5 V# preferred
Pennsylvania RR
Peoples Drug Stores Inc—
Peoples G L & C C (Chlc)_
31%
*21%
*4%
Jan
v
19
1943-
; Parke Davis Si Co_
900
1.200
V,
39 V*
*109%
30%
32 Vb
A
*17
*109%
*109%
31V*
*109%
33
29
7 91% Jan 25
' 148
Jan
5
10, 1943—100
Inc
Tllford
&
6,800
■
6%,
5%
6
5%
3 Va
40%
42 V*
♦109%
|39
"
—17
pfd called May
Park Utah Consol Mines
8,900
56%
31%
*48
V
26 V*
57%
31
Y
•
4%
4 Va
4%
27'A
57%
6%
/'
*17%
17%
*17
♦108%
2>/a
26%
3VB"
3
41
*23'A
57%
6
6
.
5
8%
Apr
'
27%
88
87
3Va
3Va
4%
5
24%
59 7
27 V*
26%
57/a
•
24%
4%
5Va
5
23 V* Jan
100
preferred called Apr
Park
300
2%
*23%
2 Vb
18
26%
20
par
1
1st
200
24 V*
28'A
18
16% Jan
5
pfd_ 100
Transp
preferred
conv
Paramount
43,500
•
160
2Va
28 %
41%
171
*169
24'A
2
8
Mar 15
4 Va
16
8
5
Panhandle Prod & Ref
1st
*23%
38% Apr
1
9%
2Va
2'A
29
2%
101
24 VB
169
Mar 26
Y 21% Apr
10
No
Car
111%
9%
9%
111%
2 Va
31%
42 V*
41:
*96 V*
*165
6% Mar
Mar 25
12
5
par
Corp..
13
5
"
100
Oil
2
5.
13
10
Teleg————100
preferred-
6% Jan
23% Jan
par
No
&
Pacific Tin Consol'd Corp
221,000
30%
25
.
7 ; 14 V* Jari
par
10
Ltg Corp
^Pacific Telep
5,300
4%
7% Jan
7'7
No par
No
preferred
Pacific
,
20
4%
1st preferred
2d
(Cal)
Pacific Gas & Electric
».
180
15 V*
16%
2%
.2%
41
*9
♦111
9%
112
111,
112
111
2%
2%
%
*10
Pacific Finance Corp
4.800
154';
♦153
9 "
Co
"
9%
9%
*9 V*
9%
112
*40
1,100
y
//
,
-
Coast
v
32 Vb
31:
31
*9%
112
40
40
4
16%
4Va
4 V*
4
28%
154
3%
4
3%
4
*153
153 Va
15%
30%
;
2,500
■'
i
28%
*153
-
36
5%
6%
22%
42,
115;
Jun
July
Jun
Feb
Feb
9%: Jun
62
Mar
73% Mar
79% Mar
99
Mar
111% Mar
20% July
14%
7
Jan
July
Jan
18%
Oct
5 V*
Jan
21
8
Sep
Va
Jan
8%
Jan
29 V*
Jan
52%
122.
14 Va
86%
x99%
111
123
116
OQS/.
Oct
Oct
Jan
Jan
Jan
;Jan
Jan
Oct
Nmt
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4167
157
NEW YORK STOCK
LOW
16%
Tuesday
Apr. <»
Apr. 7
I per share
17
STOCKS
Thursday
Wednesday
Apr. 5
1 per share
16%
f
I
16%
17%
16%
17 Va
99%
99%
99%
16%
16%
16%
17
16%
17%
16%
13%
13%
13%
13%
13%
13%
"J13
>13
*106
107%
100
107
100%
100
t per share
15%
16%
Range Since January I
Lowest
Shares
16
45,600
Par
Oil
Pure
1
(The)
...No
106 %
107
600
6%
99%
98 Va
99
2,100
5%
17
17%
107
100
EXCHANGE
99%
107%
99 Vb
107
NEW YORK STOCK
the Week
106 Va
107%
107
Sales for
Apr. 9
share
vtr
Range for Previoua
Friday
Apr. 8
f per share
per share
17 Va
17%
RECORD
SALE PRICES
HIGH
AND
Monday
Saturday
Apr. 8
1337
17%
16%
16%
2,400
Purity Bakeries
13%
13
13
1,300
Quaker State Oil Ref Corp
*13%
*105
preferred
preferred
11
Jan
Lowest
# per share
14
I per share
17% Mar 29
100
104% Feb
3
109
100
92% Jan
2
—No par
13% Jan
2
10% Jan
4
7
Apr
90j/2 May
10
Mar
Highest
I per share
11%
Dec
Jun
106%
92%
Dec
14%
Nov
8% Mar
16
13% Apr
1942
9% Mar
100% Apr
7
17% Mar 30
conv
r."
J per share
par
Year
Highest
10%
Oct
80 V'2
6
Dec
'
R
:
8%
9
9%
10%
64 %
66%
66%
66%
100%
100%
♦100%
7%
7%
7%
8%
7%
~8%
*79
10%
9%
10%
66%
67%
'10
10%
'67%
10%
67%'
&
~7%
7%
80%
80%
85%
80%
81%
82
82 %
83%
25%
25%
25%
26
27%
26%
27%
13%
13%
13%
13%
13%
13
13%
~26%
A 12%
28%
*28'/a
28%
28%
28%
28%
28%
*28%
21%
21%
21%
19%
21%
33%
34
% 33%
34%
*28
; 20%
21
33%
*33
33%
*■'
34
:
1
4%
29%
•32
29%
33%
♦29
4%
*4%
76
76 :;
34%
4%
*72
33
29
29%
'
*4%
•72
7%
47,800
83%
34
82
26
%
26%
3,600
33
12%
6,300
Rayonler
28
28%
500
19%
20%
12,200
33%
33%
600
28%
28%
790
12,000
78%
79
79
77
77
56%
55%
55%
55%
55%
55%
55%
10%
9%
10%
10
10%
9 %
9%
19%
18 Va
19%
18
18%
16%
77%
99%
99%
86
86
78%
56
9 ;
10
18%
100
♦99%
87
18%
100
8%
*99%
"
86%
*85
%% 8%
:?■"
••■■■
14%
V
100
86
86%
\
*99%
31%
*75
V
Dec
Jan
22
Dec
7%
Jun
.12
8%
9%
8%
8%
•95
95%
*95
95 Ta
95%
96%
*93%
95
93%
♦68%
69%
*68 %
69%
69
69
X69
69
67
67
11 %
11%
"All
91
91
8%
10%
92
9%
8 %
U
*90%
10%
•
-a;
9 ":.V'A
•
11%
*90%
11
10%
92
9%
f..:
9%
9%
9%
9%
10 %
9%
10%
10
<
10%
27%
27%
27%
28 Vb
28'%
28%
27%
28%
27%
28 Va
38
37
37
37
36
36
36
36
?'$ 9%
9%
*36'/a
10 /,
9%
8% >
9%
17
8%
24%
24%
24%
25
25
25
15 34
15%
15%
16%
16%
16%
*47%
48%
*47%
48%
48%
48 %
*35%
36
35%
36'4
35%
36%
\k
%
n
7'a
8%
*8%
A
%
-m a4
8%
%
ft
3,700
92
28%
NOV
29
120
17
10
10%
17
•;
9%
;
17
87/a
9%
16%
6,900
49%
48%
48%*
♦48%
49%
35%
36%
36
Y.i.
%
35
9
1%
1%
V. 7%
f
A
39
39
38%
39
38%
39%
38%
39%
4,500
109
109%
108%
109
109%
109%
109%
109%
760
38
39%
*112 %
112
108%
12%
34
100
110
113
*110
*6%
7%
9
12
9
11%
11 %
34
31%
14,600
•;
33%
35.100
101
40
112%
113
110
X33%
100
39%
39%
112%
11%
34%
n%
35
100
39',4
113
►110
12%
34 %
6
100% Mar
8
x94 Vb
Jun
4
86% Apr
6
Revere Copper & Brass—
t7%
<
70
7
9% Apr
Mar
Dec
4'%
Jun
85% Jan
13
98
Feb
18
78% July
100
Reynolds Metals Co
64% Jan
7
70
Feb
20
54
11V2 Apr
6
7% Jan
No par
preferred
conv
6
x55
—100
preferred.,
5%%
5% Jan
No par
preferred—™
t5%%
80
100
Jan
5% Jan
10 Vb Apr
10
25 V* Jan
28% Feb
15
34% Feb
37
18
No par
7% Jan
10 Vb Mar 26
9
17
75 Vb
8
,•
Tob class B
tCommon
Jan
May
6% May
92% Mar 31
1
10
Spring
101%
100
100
40
40 •'*
39
40
1,700
113
113
*112%
113
113
*110
,
113
/.
113
*110
Corp
Co
(The)
No
Apr
3% Mar
71Va
Dec
49
Nov
6%
19
Dec
Jan
100% Mar
86% Jan
7%
Oct
129% Mar
74
Jan
8%
85
Vb
Jan
Jan
5%
Oct
Apr
27%
Jan
31%
Nov
54,
Jan
Jan
x20
800
♦2.50
Apr
9
2
6%
Apr
9% Nov
8
3%
Jan
6% Nov
5
16
lls/a Jan
16 3/4 Apr
6
43
49 Va Mar 19
7
May
34% May
47% Nov
23
20% Jan
par
1
preferred
conv
Louls-San
28% Jan
2
ab Jan
6
1% Mar
1
100
% Jan
2
3 Vb Mar
1
Jan
16
9
7% Jan
9
13
10
Francisco.
preferred—
4
100
.
5%
Scott
Jan
100
Joseph Lead
6%
35
Jan
105% Jan
36% Mar 30
Feb
Dec
13% Nov
May
Jan
34%
Jan
A
A
Nov
Jan
1%
Sep
Mar 11
2
Jan
Mar
5
Jan
10
Sep
Apr
44
Jan
Jun
110
Jan
8
7
39% Apr
7
109 y2 Apr
29 Vb
1
9
104
2
12% Mar 26
x9%
19% Jan
12
35 v4 Apr
5;
12%
96
Jan
15
8
Jan
9
101 % Apr
43
teO
78
38
Paper Co
21%
Vb
,
10 Vb Jan
1
25 y2
16
7%
Sep
Dec
19%
Jan
Apr
21%
Dec
May
98
Oct
Apr
109% Aug
39
Dec
116
Jan
113 V4
112% Mar 15
—
115
Feb
107% Jan
23
112
Mar 23
106 Vb
Jan
A Jan
preferred
$4 preferred
2
2
Mar
1
Vb
Jun
% Jan
2
4V2 Mar
1
%
Dec
1 Va
Sep
16 % Jan
$4.50
30
'
6%
Apr
93/8 Apr
25
Apr
Jan
5s/a Jan
par
No
Rustless Iron & Steel Corp
70
,
Oil
Dental Mfg-,
...No par
Antelope Copper Mines
100
preferred
—No par
Safeway Stores
100
5% preferred
5
Savage Arms Corp
5
Schenley Distillers Corp..
5 % % preferred
-100
39
100
Dec
73% Jan
♦St Louis Southwestern—
37%
,12%
13
95 % Jan
100
38 y*
12%
7Vb May
100
170
38
3514
5
100
6% conv prior pfd scr A
Feb
8
Dec
Sep
:./'v
9%
99%
15Va Apr
Dec
16
13%
tSt
7%
12
20
Dec
7%
10% Mar
6
8t
9%
32%
4
19!/4 Apr
6,800
*6 Vb
99%
22
Dec
2
4,900
10
31%
Apr
6
8
Jan
14
No par
5,300
10
ioo y8
11
9% Apr
193/4 Apr
Jan
•:
'ft
lla
8
*99%
35% Mar 30
5
Jun
—
/■
35%
Vb
1%' •'•./'
10
h 30%
8
2%
30
108 %
-70
38%
Ruberoid
24%
15%
10
108%
Jan
Jan
12
39
6
1,200
23%
16%
8%
8
*7
108%
14% Jan
Sep
3% Nov
25
6
Richfield
25
7%
Jan
23%
8
Jan
19
Roan
16%
%
Jan
6
May
1% Jan
Apr
Mar
Ritter
*24%
1
20
20
Mar 26
v
56% Apr
10% Apr
1,600
16%
35 %
<
75
79
2,400
24%
*48%
5
8
4
7,400
9%
17
16
■
8%
16
14
2
Reynolds (R J)
37
22
3% Jan
4
11,700
*35
22% Jan
66% Jan
1
4'% Jan
27%
8
112
23% May
42'/a Jan
27%
10
♦110
34 V* Mar 30
69% Jan
Reynolds
•9
113
20
1
100
♦6
*112%
Nov
21% Apr
25
10,600
7
39
Feb
15%
28
100
Inc-
10%
10
:
263/a Jan
Dec
26%
5
23% July
11 Vb Apr
Jan
with warrants
Motors,
9%
*24%
I
Preferred
110
8%
:
ft
12
A 80
•
*9
12
14% Jan
Jun
3% Dec
■
10
16%
10
16%
17
16%
•8%
/
27,400
10%
10%
*90%
92
*90%
9%
17
30
1
Republic Steel Corp__
6% conv preferred
93%
70
92
26 % Jan
10
69,800
10
96-
*38
54 V*
15 Va
137/a Mar 15
tRensselaer & Sara RR Co
600
*69
11%
34%
27% Apr
100
No
Reo
87
*85
86
*95
?
85 y2 Apr
Jan
par
1st pfd
16,600
:
100
*99%
100
86
250
<fc Co
Remington-Rand
500
•
77%
(Robt)
Dec
Apr
21
5
14%
9
Dec
90
2
11% Jan
50
15
9
Dec
Apr
54% Jan
2
100
Hosiery
14%"
AH
33
2d preferred
Silk
Preferred
15%
56%
17%
Real
14%
77%
17% >17%
33
1,500
700
77%
8%
33
41»
1,000
J
4%
76
*72
19%
15%
♦56
*4%
5
76
18%
14%
8%
1st preferred
19%
15%
55%
29%
*72
3
59%
88
50
.
19%
14%
79%
4%
2% Mar
46 Vb Mar
.•1
50
Reading Company
22
*19%
*8%
■'
68
Apr
100% Apr
8% Apr
25
Reliable Stores Corp
Reliance Mfg Co
17%
*6%
10% Apr
4
3% Jan
par
preferred..
Reis
.17%
*77
-
A
34
$3
800
18 %
9%
2
16
_1:
720
♦16%
*54%
20%
A
No
Inc
9%
18%
*16%
Jan
Mar
100
preferred
conv
9%
•16%
*36 Vb
t67c
9%
8%
15
-
J
29 \
4%
34
.
8%
10%
4% Jan
59
92
1
Raybestos Manhattan
12%
9%
34%
8%
*90%
Radio-Keith-Orpheum
13%
■29%
76
*8%
8%
No par
1st preferredj—No par
No par
26%
♦33%"
4%
*72
8%
*85
of Amer
conv
t$5 preferred B——:
85
20
29%
4%
,
.
76
*8%
*99%
$3.50
20
'
28%
4%
*72
15
Radio Corp
4,400
V:
*
13
29%
330,300
67%
•:
•7%
8%
7%
-
:
67
♦100%
*100%
*25%
20%
9%
9
;
•
68
67%
♦100%
"100%
4
24 y4 Mar 30
10 y2
Apr
17 Va
Dec
1%
Dec
.
Deo
•
U
%
**
U
n
2%
*2%
2%
22 Me
22%
.:<22%
23 %
*2%
3%
3%
69%
69%
70%
71
71
14%
14%
14%
14%
14
14%
13%
13%
14
14
15
14%
15%
14%
*64%
69
*64%
66 Va
2
3
*64%
66
%
%
2%
2%
2%
2%
22%
23%
21%
22%
22%
22%
3%
3%
3%
3%
3%
3%
70%
69 Vb
70%
67%
68%
8,100
14%
13%
14%
13
13%
10,700
15%
14%
14%
12 Vb
13%
6,500
66 Vb
651/4
85%
20
21,800
2
.
2
A,
71%
70
♦65
*65
66%
%
20%
14 Vb
14%
14%
14%
13%
•70%
71%
♦70%
71%
*70 Va
71 %
9%
*8%
9 Vb
9%
8%
39%
*39
*39
9
39%
39%
39
39
23%
24 /
24%
24 Vb
24%
23%
25
23 Vb
24%
4%
4%
4%
4%
4%
4%
5
4%
24%
24%
24%
25 %
24%
<'
25
25
*1%
-
*39
39%
.'
25 Vb
24 Vb
22%
4%
4%
22%
24%
26
26
1%
26
:/
26
26
26
26
*25%
26
*41
41%
41
41
40%
40%
39%
40
38%
39
1%
*1%
1%
*1%
1%
110
116
110
114
113
119
V 120
125
*113
115
*113
115
*113
115
*113
115
29
29
28%
28 Vb
28%
28 Vb
r
*1%
>■.'
125
28%
1%
—
25%
38
2,600
118
120
1,960
114
20%
20%
20%
20%
20%
20%
27
27
28%
26%
27%
26%
21 Va
13
13 Vb
13
13%
13%
13%
13
4%
4%
3%
4%
4%
23%
23%
23%
137%
137%
24
V
20 Ve
20
20
*19
•
20 Vb
19%
20%
20%
26%
27%
26
13%
13%
12%
4%
4%
3%
-
:::/
156,400
Nov
Jan
4
65% Apr
9
62
Dec
60
Jan
8% Jan 20
64% Jan
7
tSheaffer
(W A)
Pen Co...-No par
15
31% Jan
2% Jan
16 Va Jan
5
No par
Simmons Co
10
1% Jan
Skelly Oil Co
tSloss-Sheffield
21
Jan
28 % Jan
2
11
15
Steel
&
(A O)
77
Iron—100
Corp
111
19
15V4
16 Vb
10 Va
No par
10
—
:
-No par
Snider Packing Corp
No par
Socony Vacuum Oil Co Inc
15
South Am Gold & Platinum
Jan
2
Jan
6
Jan 19
Jan
2
Jan
4
Jan
24%
*138
24%
v<*.:
25
*13
13%
13%
13%
13%
13%
24
24%
24%
26
25%
26%
: 28%
28%
29%
30%
29
47 3
47%
48
48%
47%
62
63
66
60%
19%
24%
142
*19%
25
*138
24%
20
24%
20
1,400
S'eastern
25
6,500
80
142
10
19%
26 Vb
y
24%
142
•138
24%
24%
24%
13%
13%
13
13%
24%
25%
24%
25%
22%
30
28%
30
28%
29%
26%
48 Vb
46%
48
46%
63
58%
60%
58
5 Vb
5%
.
.
4,900
,,
13%
13%
4,400
Greyhound Lines
Porto Rico
8%
No par
—100
preferred-
Apr
9%
66
Dec
Nov
4% Mar
30% May
35
Apr
7
10 V8
Apr
18%
Dec
5
Apr
7
2Va
Jun
4%
Jan
1% Feb
18
26
Feb
42
Mar 30
126% Apr
118
4
8
Mar 31
30 Va Mar 30
.
% Apr
20% Aug
19% Apr
27
65
Oct
Jan
Dec
20%
Jan
15 %
Nov
17
Feb
10 Va
Dec
2%
Jun
15%
Jan
6
6
1% Mar
6
Dec
Nov
100
13% Apr
20 y4 Apr
1%
30 V*
113 Va
Apr
9
Apr
13% May
6 Vb Mar
Apr
Dec
July
15% July
108
5
5
Nov
Aug
17
28% Apr
20% Mar 30
7%
11% May
25% Mar 31
2
16% Jan 11
20% Jan
2
132
Jan 15
5
Sugar
Apr
64%
25
•
19%
24%
24%
142
4%
1
41% Mar 17
2
2l/4 Jan
1
8
15
9% Mar
4
No par
Petroleum
Simoods Saw & Steel
71% Mar
\
5
2
Mar 29
14% Apr
4
14
17% Jan
—
Mines
Smith & Cor Type v t c
61,000
4 Vb
10 Vb
8
Smith
10,400
Apr
5% Jan
1,400
y
Dec
8
No par
No par
Slmms
Nov
ll'A
6
No par
Oil
62%
15% Apr
(Frank G)
Union
43% May
4% Jan
6
7
Sharpe & Dohme
$3.50 conv pref ser A
•
13
4%
v
71% Apr
15
3% Mar
Jan
Shattuck
1,300
26%
13%
4%
20%
24%
*138
24 Vb
24%
24
5
20
s
24%
142
•138
>
12
13
5
54
t$6 preferred
27%
27
28%
;
'
21
26%
*20
w
800
25%
3% Mar
ft Feb
9
preferred
(5 conv
8
59% Jan
Corp
Shell
*113
114
Steel
Jan
10Va Jan
1
Inc
Sharon
Silver King Coalition
7,000
2
.
Roebuck & Co
Sears
Servel
11,100
y
37%
y
126%
*113
28%
*1%
1%
10
5
Corp
10,300
:
—100
__
__
Seagrave
5,200
38%
22%
24 Vb
_
Seaboard Oil Co of Del—.
300
>■' • ■>
*37%
5
*25 Vb
9
preferred
3,800
■
14%
70%
9%
14
4-2%
3,200
21%
Y 3
3
tSeaboard Air Line
3,800
14
4%
28%
2%
■:
70%
*39
1%
24,300
14
8%
*23%
*
2
.
U
-
70%
13%
.70%
8%
u
9%
13 %
*70% y'71%
13%
If
n
14
Apr
8
17%
Jun
26 Va
142
Feb
17
122%
Nov
144%
Jan
25
Apr
6
14%
Apr
21%
Nov
8
9%
Apr
12%
Jan
Jun
18% NOV
26 Vb Apr
California
Jan
Southern
25
21J/aJan
2
7.50
10% Jan
13
13% Apr
No par
30ya Apr
12% May
18%
35% Jan
7
2
9
26 % Apr
par
15% Jan
15% Jan
100
Southern
49
Apr
23%
Jun
39
100
42Vb Jan
12
66
Apr
34%
Jan
50% Mar
5% Apr
1%
Apr
1%
Nov
Edison
Natural Gas Co
'
,
24
28%
77,800
44
46%
14,200
•59%
58%
59%
1,170
5%
4%
'
a
60
4%
*4
5
4%
*39
41%
26%
33%
33%
38%
38%
*56%
58
5%
4%
41V2
26%
26%
5%
4%
4%
4 Vb
*39 %
5%
v
4%
*39
27%
33%
34%
33 %
34%
38%
*37%
38%
*56%
,
58
*56%
58
5%
5%
5%
5%
5%
46%
46%
46%
46%
*35%
37%
120
37
120
*51
53
*51
37%
*112
53
%
6
Vb
6%
6%
6%
*107%
108 Vb
*107%
108%
U
%
%
2%
*114%
116
3U
67/a
*
>-* O -J
>
32%
38%
57
36%
6%
7
*35%
♦112
7
7
%
%
78
3
3'%
2%
3%
2%
3%
20 5/8
20%
20%
20%
23%
23%
22%
22%
23
22
23
22%
26%
25%
34%
34%
34%
35
34%;
35
34%
35%
32 %
32 %
32%
327/a
32%
33
32%
33
53%
53%
53%
*63%
64%
11 %
11 %
6%
6%
9%
9%
9%
53%
44%
43%
44 Va
30
30
29
30
64%
64
64
11%
12
64 y4
11%
12
53%
;
*63%
11%
12
.
y
71% A" 7%
10
7
105,400
6%
>
3%
2%
17%
18 Va
18
18%
3
3 Va
3
3%
2%
18
Vb
1
30.500
3
31,500
Standard
$4.50
No par
Brands
No
preferred
Standard Gas & El Co
53 Vb
53%
50 y4
43%
43 %
42%
43
29%
28%
28%
500
63%
64%
63
63%
1,400
11%
11%
10%
11%
16,600
Stewart-Warner
-.A 7%
7%
7 %
7%
21,600
9
10%
2,800
Studebaker Corp
60%
60
60
1,800
122
122
280
3
3
7
6V4
6%
16,200
18
16%
17%
5,600
Sun
&
No
Sunshine Mining Co—
Superheater Co (The)
Superior Oil Corp
74
74%
*73%
74%
74%
74%
73%
74
29%
30
30
30%
29%
30%
29 Va
30
28%
29%
•26%
28%
30 y8
30
30
29 3
*28
29%
300
9%
1,300
Sweets Co of Amer
8,400
Swift & Co
*29%
31
7%
25%
25 %
For footnotes
8
*
8
25%
see
8
25%
page
1339.
25%
9%
25%
.
2%
15,100
71%
72
1,200
4
29%
*28 y2
29%
9%
9%
10%
10%
9%
25 %
25%
25
25%
25%
25
7,000
cum).
par
-
Superior Oil of Calif-:—
Superior Steel Corp
Sutherland Paper Co
(The)
—
7
Aug
3%
Feb
31
Dec
59
July
17%
Apr
24
Nov
Dec
31%
35V4 Mar 15
21%
39 V* Apr
1
30
Sep
37
Mar
59% Jan
26
49
Mar
60
Jan
Jan
8
2%
Sep
47% Mar 23
29%
Sep
45%
Jan
37% Mar 12
27%
Jun
38%
Jan
6
Apr
110% Mar 10
52
Mar 26
114% Mar 22
7
'A Apr
8
110
Mar
18
108
Dec
40 Vb
Apr
4%
114
Jan
Feb
49%
Jan
113
Jan
Apr
5
Jan
89% May
110
109% Aug
2%
A
Sep
%
2% Mar 13
Jan
%
Oct
5
8
27% Apr
35% Apr
8
8
8
29%
Dec
12
33 Vb Apr
8
20
Apr
29
Dec
5
30%
Apr
47
Dec
46'% Jan 2
4
25
Jan
2
60 Vb Jan 26
7Vb Jan-12
37 y8 Jan
5% Jan
5% Jan
48% Jan122
Apr
3% Jan
>.
•
12 %
IV2
58%
143/b
Apr
2%
Oct
6y8 May
11%
Jan
6
Apr
13%
Jan
18
Mar
6% Mar 13
25
Apr
54 Vb Apr
44% Mar 31
25 V*
Apr
40
Nov
31% Mar 31
22%
Dec
34% Jan
65% Mar 30
42
Apr
62
Dec
8% Nov
Apr
5
5y8
7% Apr
9% Apr
8
5
3y8 Mar
4%
4
Apr
6% Nov
liy2 Apr
2
*
100
100
No par
1
_25
100
27% Apr
Oct
3
2
4
5
4% Jan
No par
pfd (4%%
74
3
■
;.
1
Oil Co_—
Class A
4V2 Apr
40V2 Mar 29
Feb
Jan
Jan
Jan
Jan
Jan
1
(The)
74
3%
———10
5
Corp
'
•
No par
Webster
Stone
123 y4
25
25
L S
Sterling Drug Inc
59.800
593/4
18
(The)
27,900
xi23 y4
6%
Co
par
25
Standard Oil of New Jersey
3
*7
No par
No
1
10
28V8 Jan
No par
Standard Oil of Ohio—.
Starrett
ft
1%
9
10%
28%
No par
Stokely Bros & Co Inc—
35,300
3
*30
No par
$4 preferred
$6 cum prior preferred
♦29%
52%
par
No par
Standard Oil of Indiana
18
18
No par
$5 pref series A
15,900
61%
7
100
28,900
123%
6%
1
preferred
32 Vb
9%
61%
conv
34%
8%
*123
—No par
Square D Co
31%
9%
%
preferred-
33%
11%
7%
$4.50
Squibb (E R) & Sons.
200
Jan
6
Jan
4
Jan 26
Jan
2
Jan 18
Jan
9
Jan
2
35% Jan
7
33
Jan
6
109
Jan 28
49
Feb 10
113
Feb 17
4 Vb Jan
2
100% Jan
7
2
Inc
tConv
35%
9%
61
Spiegel
6
23/a
33
21%
24%
32 Va
57
3
par
Spencer Kellogg & Sons—-No par
Sperry Corp (The)
1
8picer Mfg Co
No par
$3 conv preferred A
—No par
33 Va
10%
123%
No
2% Jan
:v
1
;
preferred
32%
9%
7
$5.50
34%
11%
61%
Spear & Co
♦7 cum prior preferred
Standard Oil of Calif
9%
123%
No par
63,600
10%
7%
Sparks Withington
27%
9%
125%
tr ctfs
V 24 %
11%
6%
& Ohio stk
27%
9%
62
'•>' .,Cy/V-
No
Ry
preferred
16,300
10%
*60
5%
tMobile
23%
10%
:;123%
Southern
.
22%
9%
10
107%
Southern Pacific Co
5%
53
7%
7%
1,300
114
6%
7%
?5%
114
9%
"..
7ya
17%
53
44%
30%
64%
10
125
7
54
445/a
*30
6iy4
61
125
54 Va
44%
44%
30%
2,150
*51
V >
25
21%
19,200
120
n
3
44%
-
*112
1
20
*30
35
5%,.-
10
46%
107%
20
.
1,100
H 0 CO
19%
>
10,900
58
5%
7%
*107%
32%
37%
46
53
116
1,100
37
36%
•51
27
32
120
*114
107%
90
6
116
107%
12
U
'
.1,800
*57
47%
53
*51
•114%
108% V.
36%
120
5%
46%
4%
38%
27
33 %
38
5%
29,200
3%
27%
57
*112
116
27%
58
47
5% T
38%
33%
5%
53
*114%
27%
4%
40
38%
46
37%
*51
116
*114
4%
40
37 Vb
5%
120
5%
47%
33
•56%
47
36%
*112
4%
41
26%
28
*27%
45%
♦112
*39
*37%
;
4%
41
183,900
8
3%
Jan
6% Nov
12
63% Mar 30
43
116%
Jan
Apr
Apr
55%
128
Jan
Jan
Deo
Jan
4
7% Apr
1
3% May
5%
Jan
18% Mar 26
11% May
15%
Jan
1%
Jan
127
Jan
Jan
Feb-23
Jan 20
3 Vb Mar 31
74 y2 Apr
5
Apr
5
30% Apr
1
10
12%
26V4 Jan
4% Feb
4
1
31% Mar 25
25
22% Jan
2
6
103/a Apr
25% Apr
8
9% May
17%
Feb
3y8 May
20
Sep
16y4 Dec
26 Vb
Dec
4% Aug
25
Jan
I
ver
I
shaft
f
per share
34%
34'/a
25 14
25>/4
25%
73/8
7 38
26%
V
7 Va
7 Va
73u
per
26 3
s
774
8
share
3274
34%
2o
26
s/iare
/ll ■:I''I
••
V>1|
J»<
ij tnt
Symington-Gould
20,200
7%
700
.c——No
45
4%
*4%
-
8';!
12 Va
r! 12 v8
12%
12
49%
49%
49%
49 V*
50
4-%
5
5
4%
39%
39%
39%
11%
•'! 11%
12
9%
48%
4%
39 Va
39%
39 Vs
11%
10%
9%
9%
9%
9%
26 %
27 V*
.1. 26%
10%
9%
10%
10 Vs
44Va
45%
V 45Va
r
45
66
*60
7
41
*39%
40
■;
64
4Vs
9
31%
2%
22%
22%
14%
14%
99
22%
22%
22%
14 %
14 V*
14 %
13
98%
98%
98%
98 Va
33 Va
33%
33 Vs
33%
31%
32%
8
18
4
%
3%
r:
4
88
*
8%
8%
8%
"...
47%
:
3%
II. 8%
8%
8%
20 V*
20%
20%
21%
20 Va
21%
19 Va
20 V*
19%
20%
*31 %
31%
31 Va-
31%
31%
31%
31%
31%
31%
31-%
70%
69
70%
69%
8%
8%
8
6%
6!«
6
6
6
70 V*
„■
7%
7%
6%
6%
72%-
73
68%
69%
;
9
2,200
3%
'
-3,900
8
19%
31
7%
7'«
50
.
I 30 Va
.
-22,400
.
85
6%
36,600
-
50
6
30
Apr
42%
Dec
19
2
Apr
3%
Nov
40
Feb
16
28
Apr
37%
Oct
Apr
5
May
8%
Dec
8 V*.
Dec
5
12
10% Apr
7
2b Va
6V4 Jan
12
Jan
4
7
7
f 4
No par
5
1 % Jan
2
16
4
9% Jan
-
Jan
4
28 V8 Jan
2
Timken Roller Hearing—....No par
40% Jan
-.2
__5
6% Jan
15 V4 Jan
St'l—.—No par
Tri-Continental Corp
—1
$6 preferred.
————No par
Truax-Traer Corp—J.——No par
Cen Fox Film Corp_—_No
20th
1% Jan
5% Jun
9 %
6
17% July
27 Va
Mar
6
8%
8
Jun
85
Mar
22
Mav
34%
Jan
48% Apr
31% May
43 V*
Jan
Mar
6
Jan
6%
Dec
19% Mar 26
7% May
18%
Dec
16% Apr
8% Jan
12% Mar
8% Mar
4
'8
Mar
4
City Rapid Trail——No
1
6
29
.
87% Apr
6
% Mar
'■'
2%
71
56% Jun
45%
46%
2,100
10 !a
1074
Co—
Coach
8% Apr
5%
Jun
7
21% Apr
7%
Jan
16
31 % Apr
19%
Jan
26%
7% Apr
1%
Jan
Jan
7
4% Jan
5
25
'
Jan
5
6 % Jan
.-1
—
■:
4
67
—100
preferred.".—
7%
Twin
Dec
'97
7 Vs
4
840
Feb
1
5
14% Apr
12% Jan
...No par
•'
parV
$1.50 preferred-—
Twin
Nov
Nov
10%
Jan
6V2 Jan
pur
Jan
1%
15%
hi Mar
18
34% Mar 31
100
'
69 v Jan
Sep
Dec
23
24% Mar 26
5
Transcont'l & West Air Inc
TransUe & Williams
Feb
3%
9% Jan
27
' 11V4 Jan
—
34%
5
■"4
Corp.!
Transamerica
Jan
Jan
30
32% Apr
20
-r
Dec
4%
4% Mar
12
94% Jan
:
52 %
2% July
42% Mar 24
8V8 Jan
Mar
Jan
3%'Apr
7% Mar 26
5
Jun
3
May
41
Jan
Jan
9%
42
Nov
2 %
Apr
Oct
24%
Jan
Sep
34%
Apr
66
26 % Feb
;
7%
45% Apr
8
Apr
Sf
r
6
..25
^ur
par
4%
10% Apr
5
Jan
Jan
Apr
5% Mar
7
IT
18,300
,
,
2
2
3
Transit Corp.-No par
Tiw«'#»n ..TVt«,nIi,..'AyiA
87a
71
69%
•V
9%
33 ¥4 Jan
"
t$4.50 conv
3,800
17,100
Water
7% May
'
.
preferred—.—N<
Associated Oil
—10
preferred——No par
$3.50 cum
12% Mar '29
'2
ThoittpbOU-Siarreit Co_—%—jvo
Tide
8
Apr
iviar
5 %
Jan
IT Pi-—_
Thompson Prods' Inc—L.
8%
!
73'%
9%
9
9%
8%
9%
8,000
'•! "4,100
preferred-—«>.•—--illO
Avenue
Third
Thompson
k Oct
52
.
"
■■V
II
9
(
18%
v
'1,600
,
8
8'%
4,100
16
14%
85
8%
.
|
8
II 3%
.:
eJ'div conv
;
Nov
4
2% Jan
—„-No par
--100
—1'
-
Thermoid ' Co———
580
,18 Vs
7%
4
12,900
47%
II 18
18'a
87
87
8%
46
47'%
16%
*16
s
fc'J
87 V*
:
.
8%
8
18 Vs
&&
16%
16%
3%
*87 V*
.
8»»
r
18
19%
16%
V
v
i
8 Va
8 Va
8
19
48
I.V 48
,
i—
Fait—
Nov
Apr
32
35
35
Pieferred
600
99
48%
16%
3,700
13%
%
48%
87
%,600
22% y>
22
I 22%
14 Va
48
8%
1
2%
2%
Va
98
■■
33%
3%
2
3,700
800
30
29 Va
31
2 V*
-'.I
4%
9%
*8%
-
14%
33 Va
87
88
9'/*
98%
23
,
33%
16 Va'
3%
3%
2 Va
:l
4
43s
31
31%
7%
16 Va!
16 Va
*87
4 Va
:
70
39%
t9'/a
..
.
6,100
■
■
.Co.»»
.
The
110
7
6%
..
♦8%
:
V
2Va
18 Va
18%
9
31%
48
•
4
9'
2%
33%
8
7%
18 V*
1:1 4'
il'
9
41
700
5%
4
3
7
Nov
Apr
17 Va Jan
—100
Co—,
Jan
Mar 30
45
8% Jan
til
Cd——N« par
Thatcher Mfg
Dec
3% Aug
5%
Apr
7 V* Jan
J0
^
25 Va
1% Mar
y
36% Jan'13
1
y+
29%
15% Aug
3 Vs Jan
—
Land Trust
Texas & Pacific Ry
360
;
6%
65
14%
99
48%
*39'%
32%
23
•
;
14 Va
98%
*48
40%
10,000
45%
*5%
*62
7%.
8,000
98 V*
14%
33%
: 7 Vs
2%
2%
98%
33%
7%
32%
2%
23
*22
''I
-:V
7
19,900
r'rifl l
Pi rifir*
Texas Pacific
9%
! 44
45%
ouipiiui-
26
9%
65
*62
*39 Va
4%
.9
32
32
31%
2%
''
*6%
6%
65
7 Va
I;!
41
4
4%
9
6.%
V; 65,
7.%
41
4%
9
■
ir.
.
66
;
7Va
40
9
*4»/e
-7-
7
v;
7%
7
7
45%
45%
:
7
64
23%
10%
TeAao uuu
19 % Mar
16
2
Jan
8% Jan
-f
Jtroduc'g Co_—_A'o par
12.100
,
97s
9%
10 3 a
27
——
Texas Gulf
share
7
41% Jan
5
-25
,4,700
11%
28 Va
(The)!.
Texas Co
.
Highest
t per
29
8
25
Jail
3
5
Telautograph Corp..r——*
TennesseeVCorp:
».
Mar
8
2
35
—50
partic preferred
6,700
39%
11%
9%
6
15,900
*
4% v'|
11%
9%
64
500
2.800
'A
48
Va
4%
39%
27'/a
v 43 Va
46
UV'4
9 Va
6
*5%
11 VA
39%
<■
12"
28%
■;
42 Va
42%
:
4%
10%
8%'
'•I ii' i'"1'
11. %
v4 Va
1.
/'
49%
4%
4%
40
11%
49%
"
.49'
•
9%
■
8 Va
I
v..
12%
% 27%
9%
27%
*8
"
% 40
40
11%
27%
5
12 Vs
5%%
per-share
per snare
27
Previous
Year 11)4?
;
Lowest
35% Apr
8
5% Jan
% _'•••
■psT*»e r.tomeev
40
45
*43%
'
12 Va
4%
V
■
-1.7
12%
11%
12%
49-%
4%
-'|5
7'/-»
8%
45
*43%
5
*4Va
/I
*8
.
45
*43%
5
4%
4% •'
8
8
8
45
*43 %
45
*43%
5
45
II 1.
8
*7%
<:
S
8
4% Jail
1
iiiiiT ills
8
*7%
share
Jan
22% Feb
pi»
Corp
per
29
—
J..,, ■'%%
tv
t
i-l V I'l/llMi;Par
Swift International Ltd
7,900
-16 200
7%
714
8
Range Since January I
Lowest
1 :';v 'Highest
,
Shares
I per
26 V2
35
7./3
the Week
3514
I
35 %
233#
e
26
2874
'
714
35!
35 Va
267a
snare
I per
ahars
per
34'8
3474
3474
NEW YORK STOCK
V '•;
EXCHANGE />
Sales for
Apr. 9
Apr. 8
Apr. 7
Apr. (i
Apr. 5
Apr.
Friday
Thursday
Wednesday
Tuesday
Range for
STOCKS
HIGH SALE PRICES
AND
LOW
Monday
Saturday
Monday, April 12, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
8
9 Va Apr
Nov
Oct
Nov
Nov
6
21V*. Jan
78%
Nov
■5 % Majr
74Va Mar 23
11
Nov
Aug
7Va
Nov
6
U
467a
47
10%
11 Va
10%
48
11%
:"
11
%%
47
48
47%
48
11V*
48
47
46 V2
1074
11'/a
1074
10%
84-'%
r
84 Va
83%
"115%
116%
*115'/*
116%
*115 '/*
116%
110%
110%
110%
110 Va
110%
110%
V4-19 V*
197a
19 Va
19%
19%
84
84%
84 %
'
'
83 %
19 Vs
19%
92
92 V*
92%
93%
93
85
84'/a
85
84
27%
2677
27%
27 7*
28%
33%
347a
34%
34%
34 V'2
34% ;
104 V2
105 Va
105 %
105 %
*84 V2
27%
18 %
112%
*111%
111%
18 Va
197a
10,600
927*
8.300
•
i
1 Va
■:
I-
1
93 Va
93
93 Va
84%
84%
84'%
84%
84%
*27%
27%
277a
27%
20 %
27Vs.
33%
34%
-.'•1 34 Vs
35% -I;
31%
34%
64
104 Va
104%
*104'%
105
22 Va
105
104%
23 Va
21Vs
1
1874
*18Vs
1874
111%
*11174
111'%
111%
21 Va
*21%
21%
255/s
26
1174
1174
6 y.
6 V4
26%
1
1174
24%
23
22
50
:
64'%
22
1
m
1
257 a
'
700
,:
25
26%
10%
Ilia
2,500
400
-
51.300
Va
series—
preferred—:
100
—:
Union Tank Car.———No
5%
preferred....
conv
Biscuit
United
Ilia
*5'%
7 614
'
,
'
497a
7
7
33'%
65 Va
3374
06
66%
874
8%
8 Va
2474
*5'/s
2374
24%
23'%
53/8
24 74
5V4
5%
574
974
91%
10
1574
35.600
preferred.
$3
247-4
10%
'
29,900
United Drug Co
514
5%
!
: 1,300
United
—;
69
7V4
874
"1- 67 V4
5'%
24
i-v.
10%
934
10%
10 Va
91%
91%
91V4
15
99%
'•
_
*180
-
1
V
70 Va
*180
v
13,400
US & Foreign Secur
10
>
1474
'
*1.
~:.y
8Va
874
874
40%
40'%
40'%
37 74
37
3074
6%
6 74
*6 %
18%
18
17%
10974
10974
*
109 %
9 %
8%
*4074
41
3774
r-
34
37
37
37%
3774
lis
2
37%
38 Va
38%
115'%
115'%
115'%
U 8 Gypsum
*
34%
37
37
37
37% i
37
3734
2
2
*69
70
*6%
7
•V
3674
34%
*36 Va
3674
37
*36'%
38
%%
38 !4
115%
37'%
200
>
1,600
•
5,600
36 Va
35,500
60 V*
70
*697-4
56%
58%
57!%
117%
?
57 Vt
118
-
58 5
11774
59
118%
a
2774
43
118
58!-4
3
2%
1%
26'%
100,800
117% %
26 %
.42 %-
;
26
2,100
283a
2834
4274
4274
3
2%
3
2%
2%
2%
2%
2%
2%
2.000
1 %
1%
IV2
1%
1%
1%
1%
1%
15,200
71%
71%
1%
72 Va
71
-
72
72
.
;
ft *42
V *71% -71%
44%
*68%
70
71
*18%
19%
19%
19 %
19 Va
19 V*
18
18V2
18 '%
18
18
*66 %
68 %
67%
68
67 %
68
68
68
*67
68
66%
158
*155
158
*155
158
500
.
'
%54
158
*154
>166
173%
*166
*154
173%
173%
18
*155
74
H
H
46 %
46'%
*45%
47'%
2274
2274
22%
11%
33
42 Va
*42
60
4214
*56
*61
65
*60
25 la
*25
4~8
434
57%
*57
120
*113
*32 %
116%
*116
;
*61
25%
5
56'%
*118
*42'%
US Playing
Card Co
Plywood Corp..
:
JU 8 Realty & Impt———.No par
U
S
.10
Rubber Co
1st
preferred—<...^.100:
Ref & Min__
.__..50
U S Smelting
Preferred
Preferred
U
8
42%
*42
118 %
590
20%
15,400
27%
*27%
39
*3774
31%
31 Va
.
130
3.2
11
3.1%
3,000
33
*31
32%
100
3.3.6%
43
!
13.6%
\
116%
42
41%
*60
63
*60
*61
10
7,990
61
75
75
*24%
120
120
2774
141
1
21%
*61
25%
*24'%
47a
*31
~-
2274
5,800
v
75
56'%
*105
5b
64
5%
*118
108
30
4
Jan
Jan
r
preferred
United
120
*177
25%
5
57%
120
25
4
25
*117
28
27%
*37%
38%
38
*31
33.'%
31
108
108
*140
28
—
28
108
*102
2,600
10
310
100
33.%
1.100
3.03
50
~
*13814
*13814
-
400
•
33
31
awl~
7,800
'
28
39
*102
141
%.
120
31
27%
108
'
55 3a
*38
28
39
31%
20
-
434
%
52
I
Storkyards Corp....
:
Leaf
25 *4 Jan
\
10
pfd—
.—.—No
Raalte Co
7%
1st
'
f
5
4
64% Jon
13
7
47% Jan
112
Jan
8;
,
8
Aug
30
Feb
23%
Jun
y36% Jan
89
107
Mar
8
30
Apr
104%
Jan
5
7% Apr
20%
Dec
9% Mar
17
Jan
21
104% Mar
64 % Apr
9
23% Apr
112
'
1% Feb
6
11% Apr
6% Apr
Mar
53
8Vs
Dec
3%
Nov
50
Jan
6%
Sep
8
25%
Jun
35.-
Feb
69
Jan
22
48 Va
Jun
72%
Jan
3%
Jun
5%
Dec
93% Mar
106 Va
Jan
8% Apr
5
109% Mar 30
11%
25% Mar 24
Apr
16%
Oct
5% Apr
6
2%, Sep
4 V«
Feb
10% Apr
5
2%
Apr
5%
Dec
91% Mar 16
77%
Apr
6% May
16% Mar 12
40'/* May
71% Mar 30
176% Feb
159
24
9% Mar 25
.
87
Feb
11% Jan
64
Dec
May
174%
Dec
4% Apr
6%
Jan
26
34V*
Jan
41V
Sep
% Apr
8
24 %
Apr
34%
Jan
7% Apr
8
2%
Apr
Mar
43
39
8
7
Mar 25
99
19% Apr
110
36% Apr
8
38 Vs Mar 10
Feb
39
;
2% Mar
39% Apr
116 V Mar
60
23
.
Jan
Jan
22
32%
Apr
13% May
54
Mar
1
Mar
27'/*
Dec
103%
Dec
37% Apr
51%
Jan
58
71
Jan
Apr
6
44 V*
May
55%
118% Apr
119%
,
5
107%
Jun
Apr
5
15 Va
Apr
Mar
4
39% Mar
72% Apr
% May
29
5
Dec
30% Aug
Dec
Apr
59
Oct
Jun
20
5
Mar 10
14%
114
29%
% Aug
29
4% July
May
26% May
1
Va Mar 30
70
%
Apr
34% May
Jan
Jan
24
Jan
46 Va
Jan
1%
1,.
Oct
Oct
60%
Dec
15%
Nov
20Va Mar 30
12
July
69Va Mar 29
41
May
156 % Feb
25
142
Apr
152 Va
Dec
176
Feb
10
147
Apr
169
Dec
1
15
Jan 12
187 V* Jan 20
% Jan
31
Jan
15% Jan
5
7
Feb
25
4
6
12% Feb
%
Sep
34 Va
Dec
Jun
20%
Jan
%
'11% Mar
26
Dec
21
Jan
4
30
May
60
Apr
50
July
55
Jan
60
Mar 26
55
Sep
60
Nov
25%
Jan
11
7
43
Jan 26
Jun
Mar
5
Jan
Jan
Jan 22
Feb 15
24
Jan
7
2V4 Jan
4
39
Jan
5
116
Jan 15
20 V2 Jan 14
27
Jan 14
29V» Jan
2
80 .Jan
8
7%
19
Apr
Jan
133
Jan
Jan
14 V*
33
41
51
57
25
Oct
61
22
27
48% Feb
23% Apr
116
100
Oct
Dec
Apr
5
5
Apr
1% Apr
33% Aug
3% Mar
6
25
7% Mar 29
100
par
Feb
JL
18
35
117
—100
Va El & Pow $6 pref
No par
Va Iron Coal & Coke 5% pfd
100
Virginian Ry Co
—25
6% preferred
;
.25
Vulcan Detinning Co
100
20
Jan
July
4%
6
,
Dec
Jan 13
14% Jan 23
7
partic preferred
«<
Oct
58 Va
59 V\ Jan
56
par
100
100
Jan
-V 5
11
1% Mar 12
11
;
v
,y
1113 % Oct
May
16
15
26 Va Apr
3% Jan
8% Jan
No
37
21% Mar 30
5
par
:
18% Mar 31
6
25% Jan
Co
;
21 Va
35% Apr
% Jan
5
Va-Carolina Chem—
Preferred
Feb
28% Mar 30
1% Jan
__2.50
Victor Chemical Works
div
81%
1
No par
Inc
Vicks Shreve & Pac Ry
5% preferred ....
6%
Jun
46
100
preferred
Chemical
74%
4
;_100
:
Van Norman Mach Tool
Vick
:Jan
Jan
liSillllllllsl
Sales
Vanadium Corp of Am
Van
:.'101
46
100 i : 150
Universal 'Pictures 1st
Preferred
4
Mar
86
8
1
No
Tob
preferred.—.
Vadsco
Nov
21% Jan
42% Jan
No par
preferred....
conv
Dec
85 V*
29% Jan .13
-Jan 15
2
Jan
Jan
32
j,\ Jan
Nov
63%
*
29
par
i
United Stores class A—
$6
25
94
4
8
13% Jan
6
103
Jan 16
29 V8 Jan 13
108
.116%
5
No
Universal
4514
*60
56 74
*37%
*139
*I.!6
474
27
*139
116%
56 %
31%
*104%
*3174
53a
39
107%
v
5774
*37%
107
42%
1174
127b
5
*31
27
*116
22%
23
33
57
5 Vs
57
<
113%
May
10
Jan
'/ Dec
May
25
Co
Universal-Cyclops Steel Corp
45
*61
25
25
25 Va
12
46
65
*61
65
22
*3174
43
7b
U
45'%
"
46
No par
....100
*.
Tobacco
7%
__50
i
U S Steel Corp.,
8%
174
60
60
65
4
33
116 %
*116
43
23 3
1274
12
12
33
116%
*116
2274
237 a
12
33
12
74
45'%
U
%
U-
46'%
*31%
100
—20"
10
1
US
'
*45%
par
No par
soo
158
*169
174
*171
174
*172
174
n
74
—No
Co
preferred
Pipe & Foundry
330
:
67
158
U S
6,500
29
1%
Leather
S
Partic St conv el A—;
tPrior
300
5614
54%
1177%
4,400
70
43
27'%
Industrial Alcohol—No .par
S
2,900
/
5934
*6974
70
44'%
26%
28 VA
43
57%
60%
118 Is
57 '/4
11774
JJ.5%%7
115
11.5% 11.574
60
117%
..*42
U
240
6,200
2
3474
3834
:
'
37%
174
214
2
109%
37
U
16.000
37
*36
%
'9.100
.
36
38
90
7,300
19
18'%
*109%
70
56%
71%
:
19%
5974
1175a
71%
39'%
-
-7
3314
109%
70
56 V8
IV2
'2%
*
59
-:;-
117%
*2%
3,600
Feb
914
83
100% Mar
1
Dec
46
Apr
108
16
19% Apr
8
69
Jan 29
173
Jan 19
574 Jan 17
40
Jan 12
77e
*
1" 58
70
2
.
115%
3874
110
116
59
1-
2
38%
3974
116
'.
41%
367 a
1097a
35%
31 Va
41%
19 Va
3474
*36%
■
9Va
1
42
774
7
-
19%
109%
70
423A
7%:
18'%
58 Va
4274
37'%
109%
70
27V4
37%
6%
7%
*40'%
42%
34%
1;
9!4
8%
874.
"
37
19%
59
26'/a
9 %--.;-
109%
59
7"
'
18'%
34%
37
2
9
*40%
37 7%
37'%
'
*109%
37%
•
37 Va
9'4 5.
43
6%
6%
1874
110
34
34
*36
■
9% Jan
U S
"•
•
"
Mar
Sep
58
111% Mar 11
2
5
,
7% Jan
4
2% Jan
7
38% Jan
4
5% Jan
4
y 26 V2 Jan 12
60'% Mar. 9
.
5% Jan , 2
103
Jan
4
16% Jan
6
3% Jan
4
4% Jan.? 6
84 V2 Jan
2
Freight Co———-.No par
Co...
__20
preferred^..
;
100
U S Hoffman Mach Corp
—,5 /.
5%% conv preferred
—50
3 300
•
6774
•180
..No par
preferred.————No par
1st
$6
380
,
,
10
Paperboard
2.400
14
15%
69
*180
•••
-
United
'
_
Improv't—_——No par
——No par
t c
..1
Gas
preferred—
$5
,.
United Mer 81 Manu Inc v
6,700
67
15
68 %
15%
69%
1574
'
United
800
"6.500
91 %
*91
i
57b
9%
91%
68
6874
68
*180
179
159,300
-
—5
Fdy
—5
Co—————No par"
United Fruit
23%
..|%.<5\%
10%
9174
15'%
16
2214
- - -
574
911/2
1,200
: 6,300
8%
100
—
Cos
United Eng &
35
108'% 108%
Coal
Electric
United
67
8%
874
2374
380
4.100
65
■■
109'%
5%
1
/
7
*34
67%
8%
24 34
5%
V
50
674
a
108%
8%
109
23
5%
71
35
35
67
49%
50 Vs
50
7%
—
hi Jan
17%. Jan
—.—1
.10
Dycwood Corp—.
Preferred
2
55%-Jan 16
18% Jan ' 7
—No par
—.No par
Corporation
974
,-
.109 Va Jan
United-Carr Fast Corp.—.—No par
United
116
.
Co..——No par
Carbon
2374
6
10
91'%
1574
15%
69
1:
10 %
91 %
974
91%
-*5%
34'%
109
24
<
-/v:-:v,
6674
874
109
109
6
33%
',-J-
67
8'%
8%
109%
*109
109%
109
7Va
33%
>
11%
-
50
50
7n4
W 33%
66
10%
*5%
50
7%
34
657*
33%
50
7%
•
67a
6%
5074
7V4
50%
50 %
11-
;.-■■■
par
preferred—i—100 '
5%
;
United
'
'
107a
24 % Jan/ 8
25% Jan
6
93% Jan
4
17% Jan 20
16
Jan
8
5 *
No
Co.—
6
Jan
7%
26
6
100
*.
Un Air Lines Transport—
11% Feb
85 Va Apr
.-,79% Jan
—5
28%
4
2
5
2
8
2
par
United Aircraft Corp
.
Mar
18
Jan
Jan
Jan
Jan
25
100
Union Pacific RR Co—^
4%
113
105%
15%
80%
No par
<
51
Jan
Jan
Jan 13
8
pfd—No par
Mo $5
Union Oil of California
.1,100
26,000
64
T'/a
1
1
.
647s
64
64
637a
Va
2.100
21,800
42
79
$4.50
"Preferred
250
No par
No par
Carb—No par
Fisher Co..
Bag & Paper....
Union Carbide &
1,200
"
111%
*1874
llll%
1 Va
•
18%
18 V8
21%
-
•'
22
22%
21%
18%
21 Va
1
17s
v
■
25 Va
25 %
25%
-
/v.Vl
"
'
1
'
84 Va
112
64
22
*21 Va.
22
19%
Union
Union El Co of
116'%
•HO1/*
92 Va
•
9,900
*115%
90
237s '
♦in y2
637a
63 Vs
63 Va
63 Va
*207/a
/
•
105 V*
187a
:
113
xl97a
19%
83%
82
85
116'%
111
111
85
22 7s-
18%/.
18
18%
•IIIV4
*115'/*
116%
111
16,900
•
937s
Va
105 V*
-
237 a
22
22
21'A
84 %
83
*115%
110%
'
Under Elliott
26% Feb
15
5% Mar 23
58
120
Mar 29
Apr
7
28% Mar 26
112%
Jan
18% May
1
22%
Jan
116 V*
4*2
2%
July
Dec
Oct
Jan
40V*
Oct
110% May
1171/*
Dec
Jan
21%
Nov
31%
Jan
14
38
Apr
9
24
Apr
33
Mar
19
26
May
108
Apr
8
70
Jun
141
Mar 25
120
Mar
29%
Oct
96 Va Mar
138
Jan
W
32%
32
9
9
2474
24
103
103
For
32
9
32%
.
9
9
24
24'%
*101
103%
footnotes see page
32'%
1339.
2374
*101
32%
32%
9'a
8%
24%
103 3
4
*237a
*101
32%
9
24
10374
32'%
32%
9.600
Wabash
RR
1.700
Waldorf
System
23%
1,700
Waltrreen
103%
100
32
31%
..100
preferred
24% Jan
4
'
8%
2374
*101
87b
23%
10374
874
2374
*3.01
8%
"
4 Va %
...No par
Co..
preferred with warr
No
par
100
7% Jan
5
20% Jan
2
Feb
10
103
36 Vs Mar 29
9% Apr
.6
24% Aor
2
104% Mar 11
21V* July
30%
Jan
7%
Nov
Apr
20%
Nov
97% Jun
102 Vs
Oct
6% Mar
16
'
Volume
" THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4167
157
;:
NEW YORK STOCK
.
LOW AND
Monday
-.Saturday
Apr. 3
7%
I
46%
7%
47
8
47%
48%
18%
t
7%
7%
8
48%
48 Va
49
18
18 %
18% r
12% k/
•
10%
11%
11%
11%
11%
,1114
11%
2%
2%
2 Va
2 Va
2%
2%
2%
43%
43%
43%
43
43%
44
12%
13%
12%
13%
12%
12%
81%
*30%
82
82
81
81
80%
60 %
'
v
*31
32%%
19%
19%
*19%
20
16%
4%
31
*16%
16%
24 %
*16
31
19%
♦23%
23%
23%
.4%
*24%
24%
*71%
5
73
i3
*75
73
:
*71%
13%
13%
'
13
76%
75
88%
*78%
.79
79
79%
*78%
114
114 %
114%
*15%
16
*107%
108
15%
15%
108
24
24
89%
79%
'
79
11
5%
A" 33%
79
•i.
v-
107
23%
24%
11%
1%
6
23%
127.
10 Va
11%
1%
10%
1 Va«
♦1.OV4
1%
11/8
•
34%
36
33%
34%
22%
22%
22%
127% 128%
28%
•28'/a
"109
60
90
17%
-
■#
21
5%
-
m
*62
64
*24 5
•
■
3%
i 3 %.
5%
15%
ll^'a
11%
29
preferred
/
.30
! 4,100
;■•-: 22
I
1 Va
i
7
34%
28%
*107%
67
67 Va
17%
18
22% <23
•
•
■
74
74
*11%
11%
120
*116
21%
20%
6 %
6%
5%
4%
4%
4'/a
61
21%
••
4%
*60
24%
65
22%
24%
:/%• 3%
3%
*3%
i
22%
22%
23%
*131
140
*121
52
-
68
7%
7%
7'%
75
23
37%
22%
23
23 %
.
52%
•'
20
820
.900
,,
65 1
24
24%
54%
"■< £>: 3%
*99
68
68
21%
1
26
16%
17
26%
12%
17%
17
131
*129
27
*129%
12%
r
21%
*117
130
54%
53
15
May
59% May
20%
Jan
X71 Va
Nov
10'A
Nov
"
•
130
52
17%
17
17%
131%
131
131%:
66 V
27%
:
12%
12%
12%
12%
12'/a-: 12%
37%
38%
38 Va
39%
37%
38%
37%
26
;:
89
89
89
89%
89%
90
13
13%
13%
12%
13
12%
12%
30%
29%"
29%
28%
29 Va
28%
29%
3%
3%
3%
3%
,:3%
4%
13%
93
Jan
115% Mar 30
102
May
103
Auto
Supply
Maryland-
2d
Co
■.<:>
12% -12 vs
16%
T
90
'
-
V- 16
5
108
Jan
2
25
conv
preferred
0% Apr
11% Apr
4
V
Oct
19%
Feb
Dec
5
1
13% May
Jan
' '
Jan
2
4
Mar 30
63'/a
4
15
Mar 13
j 60
Apr
83
127
Apr
22
29
Apr
Aug
23
Apr
5
109% Mar 31
.<
2
109
129% Apr
8
34% Mar 30
12
106% Jan
52
95
5 :
•
26 V# Mar
Mar
42 %
Jan
32 Va
Deo
31%
100% Jun
6
Sep
Jan
108%
Dec
Oct
50
Apr
93
Jan
"
85
Jan
18
Jan V 2
9
" '
91
Apr
80
7
July
Jan
;V23% Aor
5
17% Dec
27%
Feb
5
67% Apr
8
58 Va
Dec
69%
Jan
14
58% Jan
' 15
.
;18% Apr
8
12 % July
15 %
Dec
12
Jun
15%
Jan
3
Mar
5%
Nov
1%
Apr
May
3%
v
13'A Jan
2
3% Jan
2% Jan
5
6% Apr
8
4% Mar 26
40
Jan
x20%Jan
15
65
Apr
9
40
19
24 Va Apr
2
15 Va
Apr
2% Jan
2
3% Apr
5
1%
Apr
2% Jan
2
8
6
—1
——No par
preferred——————-20
-—5
1
%
10
Jan
4% Jan
r.
57% Jan
Co—————10
<
Jan
17% .Jan
30% Jan
75
Jan
22%
Jan
2%
2%
Oct
4%
Apr
8%
Dec
APr
3% Sep
6%
Jan
Jan
8
51
Apr
6
Sep
73%
6
8
107%
Jun
110%
23V'8Mar26
2
Dec
1% Aug
Mar 30
115
16%
Dec
9
'
Jan
53
,11% Apr
8
-10
8
;.
27
Jan
7
6Va Mar 30
12
4
9
-10
21% Mar 30
.
2
115
—100
<38
Jan
Mar 31
23% Apr
21% May
14% Jun
24
31
Oct
Jan
Dec
No par
16% Jan
20
100
112% Feb
15
140
Apr
5
117
Nov
125
July
24
125
Mar 17
106
Not
117
Mar
54
Jan
57%
Jan
preferred A
preferred B
.'Prior pfd 4%% series
:
% 109
100
—100
Feb
44% Jan,v 9
'
Prior pfd 4 Va % Conv series—100
Wright Aeronautical——.No par
Wrigley (Wm) Jr (Del)
No par
10
30
36% Apr
No par
pfd
Jan
i 22% Apr
Jan
Motors—
Jan
8%
4
81
Feb
Dec
3'/a
7
31
Jan
Jan
Apr
15 Va Jan
v
20
Va May
% May
23Va Feb
120
preferred—
2
5
26% Jan
'
18
104%
12% May
3
3% Mar
——1
•
Spr Co
6%
25
2
-50
Sewing Mach Corp-
conv
Mar
2
Wheeling Steel Corp
—■
No par
$5 conv prior pref——No par
White Dental Mfg (The 8 S)
—20
6%
Sep
113 Va
Sep
97
5
M Mar 16
*—100
t$4 conv preferred
10%
Apr
2% Jan
50
Rock Min
Mar 29
5% Jan
-12.50
...
Worthington P & M (Del)..
Yale 8t
5,900
Towne
Mfg. Co
53% Apr
46
Jan
9
88
Jan
15
58% Jan
;
2
6
54'A Apr
7
104
Mar 27
4
-.
'
70
7% Jan
No par
Mar 23
21%
Jan
42%
dun
44
Jun
80
Jun
104
Jan
39
Apr
62
Jan
27% Apr
7
17% Mar 29
2
131% Apr
12
13
4
6
Mar 31
15%
Jan
23%
Oct
10%
Apr
14%
Nov
111%
Jan
121 Va
Dec
Nov
5
Apr
7%
Jan
6
39% Apr
6
28%
Jun
37 Va
Jan
4
90
Apr
8
78
Jan
87
Oct
Jan
2
13% Apr
5
7
May
12%
Jan
19% Jan
12
30% Apr
5
8%
Feb
Jan
2
4% Apr
8
1 %
May
30
t5%%
preferred series
Youngstown Steel Door
| 8,200
13
Jan
118% Jan
100
Young Spring & Wire
Youngstown S & T
560
12%
1
Preferred
26,500
21% Jan
25
Yellow Truck & Coach cl B
190
I 3,900
12%
5
Jan
19
No par
Woolworth (F W) Co.—
20,300
J
90
n%
8
11% Jan
7% Aug
8
Mar 10
100
;
6%
11%
35
:
5 Va '1o
•
7%
36%
11
v
78
>:
..
•
-■
Jan
14% Apr
>100
;
Woodward Iron
400
f
130
Jan
109
—10
preferred—
Wilson-Jones
700
/"
1
27
16%
37%
89%
•>
Apr
Wilson& Co Inc—————No par
$6 preferred
No par
1,100
;
i
-
66
*127
89 %
!
/
100 ?
:"V *65
134
37%
>
36
10
52
*95.v
17% .-17%
*130%
19
10
>
53
rr.53-:;
"
27%
27%
Mar
Wilcox Oil <fc Gas Co—
,13,900
•11,500
i
145
•
54%"
66
27
Jan
Jan
80
Willys-Overland
1,000
i
37 :
-*1151
-99 •;
99
V
22
*
*125
V.:
3%
12%
75% Mar 19
2
Wisconsin El Pow
-21% ."22%
■
53
*53%
103 Va
■;•'
V
22%
144%
53%
?
'
17
-
21
57
r
3,400
]
120
35%
13
.
89
4
Jan
17% Jan
Oct
100
Prior
| 2,000
2,800
11
v
22
*1281/8
67%
27
23
89%
37
July
91
:.;:■•'•
67,800
73
10%
*116/
30%
£?
3
104
White
.49,600
Tj/B
X73
11%
23
-•
6%
•
37%
130
131
Jan
Apr
400
i
/
26
1%
6% Apr
8
25Va Mar 29
Apr
White
1,700
'
5%
10%
10%
120
124 V-
53%
*99
-
75
11
22%
53
54
103%
26%
75
*116
;
145
*117
67%
8
Feb
■
34
White Motor Co
.60
:
%
3%
5
^
8
23%
;
*128
53%
54
103 %
-
1
6
i
:i2,300
110,900
\ 3,800
,
6"
4%
65
■
•11 V»
37%
v
36%
129
52%
52%
*54
75
120
*22%
*135% 145
*124V4
5%
11 Va ■*■'11 %
*116
22%
124%
6
74%
11%
120
37
*100
.
102
*66%
7%
37
124%
.52
-
-
7%
140 % 140
•
54
*99
11%
22%
22%
126
*53
11%
22%
37
Nov
19
41 Va
:
10,000
|
f
:
3%
•
3%
-
5%
36%
22%
36%
18
2% Jan
Wheeling & L Erie Ry Co—. 100*
370
:
18
|
18%
V
'
65
*24':.,'
11%
11%
Jan
17
/ 80
;
'••!
6%
75
14
11%
69
..No par
$4.50 preferred——
No par
20
5*A
4%
*58 !
24% '•24%
3%
*116
Jun
Jan
1
Mar
1st
preferred
•
Weston Elec Instrument
Westvaco Chlor Prod—
900
\
'•■
67%
18
:'':•.
5
60 1
67
•
6%
4%
11%
74%
13%
12
24% Apr
91
Westinghouse El & Mfg
120
r
90
.21
'
'
5%
,11%
20
Apr
6
16% Mar 29 :
5
4
4%
500
108%
*56
■■-V ;
'
21
6%
:•■
:
28%
89%
18%
201/2
6%
•
■
'
67%
11%
120
Jan
4
Western
10,400
' v•-/'-
108%
'
22 7 a
•
33%
28%
'
18%
-
wX•
33%
;
109
67%
18 Va
7%
74%
11%
*116
Oct
39%
Oct
4
*
8,000
"
♦129
f
'
28%
22%
67%
1
11%
7
Dec
4
Western
27,700
6,600
'
6%
24%
Nov
8%
80%
tWest Penn Pr Co 4%% pfd—.100
West Va Pulp & Pap Co
—No par
t6 Va
preferred-—-—
—100
480
f 1,300
107%
5%
129%
109 Va
23%
3%
Mnr 29
29%
Apr
8% Jan
92%
*33V2
:; 28%
28%
17%
6
Feb
May
4%
xG5
50Va Jan
>90%
129%
67
3%
.3%
6%
?
9%
94%
V34%V
*33%
23
60
5
67% Jan
Westinghouse Air Brake-
93 %
•
6%
5%
11%
22
90%
*24%.
16
8
12 Va Jan
1
'12,900
60 7
24%
Nov
100
|48,900
*56
■•.•;
1
—No par
<
34%
*90
62
*24%
•
94%
♦129
—
4%
62
24%
preferred
21%
60
21
4
Nov
% May
V"-' v.
Mar 26
'32
6
17% Jan
—No par
32%
91
.
15% Jan
Apr
13%'Apr
84
18
■
$4 conv preferred-——No par
20%
91
414
46
27%" Jan
Eisenlohr.-j.—-No par%■;„:
;,i
*56
21%
21
5%
4%
7
Oct
16%
Jun
:W 2%
2% Mar 29
.79% Mar 12
par
Indies Sugar Corp—
1 Va
35%
22%
•109
;
20
22%vp;
34'A
■
60
17%
Jan
7% Jan
26
5
—No
Western Pacific 6% preferred—100
Western Union Telegraphs
-100
93
67
4
Penn El class A
9»A
5%
.109
17%
67
%Jan
7%
V.ui 4%
TV*
60
23 8 8
8
West
114%
v
*107
11
*90
66 %
*66
*17
20%
,
22%
22%
109
'
-93%
•
34%
*28%.
12% Apr
.260
78%
114%
23%
60
*87
22%
33%
29
5
West
•;■•' 15 % .'.15%:-
--
92
*57
90
95
*127%.
34%
'
109
109
109%
*56
93
4% Jan
90
f
'
";V
13% Mar
220
35,400
••
•■-;'
88
-•
78%
-
51/4
22%
*33%
'r
15%
23%
: 9%
1 Va
94
Nov
31%
8
Wesson Oil & Snowdrift
V.
Not
41 %
G
18V* Apr
Pictures
preferred—
Webster
100
r
'73
•
86
'
.
114%-
-15%
5%
36%
34%
j
14%
71%
-
■■■■'
.79 •••<"
23%
4%
22%
128
28 %
•
:
88%
1
*33%
14,700
5%
Apr
49% Apr
—
\ 2,500
72%
13'A
14%
'
Va
22
92%
6
X. 72%
114V2
35
93
,
I 1,000
23
'
22%
107- 107
22
92%
5%
■
•
'73% V:
79
107
34%
21%
V
|
i
16
Apr
4
Fdy & Pipe—
—No par
Washington Gas Lt Co
No par
Waukesha Motor Coi———1
5
Wayne Pump Co
_..l
'•
Highest
t per share
3%
12
Warren
•
5%
5
1
1%
'
100
900
400
8% Mar 29
15% Jan
-
Bros
2
I per share
38% Jan
preferred-..,...,
$3.85
1
23
22 Va
72% m
•••
73>/2
15% '•15%
108
6%
11%
11%
1%
;
6 V»
88%
115
"
6
5%
20
v'■*15%
,
24
-13%
89 Va
•
*114%
15%
'107
13%
•75
*73
115
16%
108
23%
23%
..
12%
89%
89
'
^
$7
Warner
60
,
t per share
n
75
90 %
*75%
23%
5%
:»72;.
32%
*19%
J.6%
<
24
*72
73
13%
90
114%
*16-
? *23%
24
%
*114
:'
3.000
B
4% Jan
1942
Lowest
-.-No par
50
Baking Co cl A
Class
share
for Previous
Year
Highest
—No pur
—.No par
redeem preferred
60,800
'•31*
-
Ward
2,100
81%
I per
No par
Good & W Ltd—No par
(H)
Div
3,400
12
*80%
"20
'
Walk
Since January 1
Lowest
Par
400
44%
11'A
.'•.::
-
-
'•
;•
Range
.
Walworth Co
4,800
*
11%',//:
2JA ('?■
42%
12% '
33
20-
5%
24%
*71%
.77
16
24
5%
24%
13%
16
23 %
10
:
2 v«
81%
*31
,1'
'
.
'
12%'
47
Range
STOCK
,
16,600
-18%
YORK
EXCHANGE
Shares
7%
45 Va
46
43%
share
*17%
•
2'A
*80%
32
19%
i 89
43%
12%
the Week
V/a
18
2%
12%
I ptr
8
48%
10%
*81
v'
18%
2'/a
;
Apr. »
49%
*18
10%
*43
NEW
Apr. 8
$ per share
share -
per
8
49 Va
Thursday
Wednesday
Jan
Z
•Bid and asked
reduced
from
100
prices;
no
3%
sales
on
this day. V$In
r,
receivership,
a
'.r
■••:• 1
Deferred
-
Transactions at the New York Sleek
v;
\
28%
'•
delivery,
j.*.k'.'.niiw
»_•
27'A
3%
10 shares.
to
3%
5,800
32,400
n New Stock;
*•
v*'-•••■'•■•
•
Zenith Radio Corp
Zonite Products Corp—
r
Cash sale,
s
Special sales.
,
2
x Ex-dividends,
Stocks,
Number of
V'Ni:Vf
Exchange
r
Saturday
Tuesday
'
Foreign :
Bonds/.:- Bonds
835.610
—
—
Wednesday
Thursday
$7,920,100
588,000
19,392,900
G73.000
2.463,900
2,099,582
,
/
■
:
1,000
Saturday
645,000
580,000
15.078,000
850,000
,10.000
$3,753,000
<$25,000
$92,596,900
•
J
5,000
,,
16.777.400
:
6,000
1
'
:
—
-
*
—
489,880
1,141,000
"523,320
Friday
1,128,000
Apr. 9
Stocks—No.
of
shares
12,378,082
1943
1,757,380
95,242,651
69,000
—
1,129.000
$488,000
$17,000
$7,224,000
1
Bonds
U.
S.
Government
$25,000
-
Railroad
Total-
$149,500
$741,150
of
shares
Si
industrial
_>
-
$3,159,000
3,753.000
39.039.500
37,514,000
46,221,400
Foreign government
■1,142.021,000
665,961,500
$48,460,900 $1,182,701,650
$706,634,500
$92,596,900
.
Foreign
J
-
-
Domestic
2.090,000
88,818,900
Foreign
—
—
Stock and Bond
listed
on
are
the daily
closing
the New York Stock
averages
Exchange
as
'
Total-
Averages
of representative stocks and bonds
compiled by Dow, Jones & Co.:
10
J
20
-
April
Total
10
First
Rail¬
Utili¬
65
Indus¬
Grade
Grade
Utili¬
trials
3_;
roads
ties
trials
Rails
Rails
ties
135.60
-
10
13
Indus¬
Date—
-
—Bonds—
Stocks
Second
10
Total
•
40
Bonds
"
34.84
18.73
April
110.45
5—
95.58
-
136.44
35.91
19.01
47.27
106.96
99.89
65.44
April
110.49
95.70
6
-
136.93
35.87
18.90
47.35
106.98
99.89
65.63
April
110.50
7—_.
95.75
136.00
35.49
19.09
47.05
106.79
99.75
65.31
110.45
April
8—
95.57
135.52
35.30
18.98
46.86
106,93
99.76
65.36
April
110.35
9_.
95.60
131.22
33.59
18.21
45.15
106.69
99.21
64.25
110.37
95.13
-
-
-
...
-
46.68
106.99
99.86
65.00
Jan. 1 to Apr. 9
1943
1942
320,448
20,537,367
5,725,238
$6,719,000
$3,805,000
73,000
$65,331,000
3,117,000
$53,4(1.000
1,045.000
14,000
148,000
358,000
$3,892,000
$G8,596,000
$54,874,000
488,000
$7,224,000
.
1942
2,710,750
corporate-
Stocks
30
—
-
-
tHighest volume since Dec. 30,1941.
Below
Week Ended Apr. 9
1943
31,917.614
Total
$772,000
$5,000
1.519,000
6.000
1.412,000
6,000
1,241,000
' —1,151,000
—
1,060.000
1942
Stocks—No.
141.000
94,000
23,000
Corporate
$0,719,000
Jan. 1 to Apr. 9
1942
$82,000
79.000
451,720
.
'
Week Ended
1943
Government
2,710,750
—
—1—
Total—-
$690,000
1.435,000
1,265,000
$544,050
—
"
Domestic
225,885
475,895
—.
-
1,
Wednesday
Thursday
12,242,500
'
■'
Tuesday
15,938.000
$88,818,900
-
'
-
Monday-
20,066,900
16.127.400
11,656,500
2,521,410
Total——————————
Weeti Ended April 9
$8,337-100
19,235 000
12,378,082
Friday
•
—.
1,809,640
—
V/./-/AAiAsvI
Bonds (Par Value)
Foreign
Foreign
(Number
of
Shares):
'
'
$3,000
■
//-.v
■■■
Bond'
.I.8BondsSales
$417,000
18,644,000
t Unit of trading
Transactions at the New York Curb Exchange
::
Total
Government
.
2,647,920
—
Monday
II Called for redemption,
Dec
Jan
Daily, Weekly and Yearly
United States
.
and Miscet.
>:Shares ■v
>
Ex-riglits.
2%
1-
:
Railroad
y
20
•>'
,•
■
Daily, Weekly and Yearly
Week Ended April 9
1339
'
STOCKS
Apr. 7
share
per
7%
*17%
18%
: •r
Apr. 6
I
per share
77/a
*17%
Tuesday
?
Apr. 5
I per share
HIGH
RECORD
PRICES
SALE
"
THE COMMERCIAL & FINANCIAL CHRONICLE
>1340
Bond Record
New York Stock Exchange
«»
FRIDAY
WEEKLY
-
the
"and
are
bonds.
Ended
Week
:77,77
Exchange
Stock
York
New
;
Period" Indicate in each case the month when the bonds mature.
the column headed "Interest
TSbe italic letters in
>•
(
77 Lasts
Bonds
Range Since
Sold
January 1
Sale Price Bid & Asked
U.
Treasury 4s_.
3%s
Treesury 33/«s
Treasury
;
.3%s___—
try
3%s
Treasury 3%s_
Treasury 3'/aS-__Trea i iry
'
3s__
3s
Treasury 2%s
Treasury
—
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
f
Treasury
Treasury
'
Treasury
Treasury
Treasury
Treasury
Treasury
2s
Treasury
2s_.
1950-1952
1951-1955
...1953-1955
June 15 1948
.
;■
2s______
Treasury
■
L2
.
Treasury l%s____-____
Federal Farm Mortgage
*
3'As
■t
•
series
>
York
New
■
Transit Unification
106.3
a 6s
100.26
*101.12 101.13
101.24
101.31
*102.19 102.20
102.22
A 6s
100.26
103.3
*106.8
106.10
106.13
110.10
110.13
;
*r__
,
105.28
':*■
*109.2
a 6s
107:i0
108.15
109.2
a 6s
*109.11 109.13 •*
A 7s
.
-
100.5
*105.4
100.16
1
*10115 101.19
■
/V
>100.14 100.4
..
*100.9
103.16
103.16 103.16
City '
—
22%
23%
22
17%
24%
22
22
11
20
20
14
60
60
—z
60;
449/3
44%
1960
M-S
J-D
1961
A-O
1961
J-J
1970
A-O
102.14
102.11
5sJ
bonds
103% 104
76'
■
103.16
We maintain
an
1
U"
1
"
■■
.•
»
.•
H
•
7
1
*,
'
-7
_
,
■Members New
Telephone
120
2-2300
Broadway,
F-A
J-D
J-J
106% 106%
1945
J-D
120% 120%
5 %s
A-O
1952
A-O
1942
F-A
M-S
fund
5%s____1_l940
.Customs Admin 5%s 2d series
1961
Salvador
A-O
A-O
1969
of
1948
(Republic of)
104%
1967
M-S
1949
stamped
1964
1968
1954
J-D
1954
1943
sink fund
1948 !
(King of Norway)
AAntioquia
coll 7s A__
(Dept)
*43
MS
*65%
1945
4s
A-O
1968
6s
AGtd
F-A
J-J
18%
18%
7s series B__——1945
J-J
A External
s
f 7s series C.
1945
s
f 7s series D_
1945
s
I
AExternal
f
s
1957
f 7s 3rd series—1957
A-O
AExternal
sec
s
(City) external 5s
(National Government)
AAntwerp
Argentine
8
f
loan 4V2s
conv
54
M-N
M-S
32
external
s
f 6%s
1959
83%
External
M-S
32
1
external 6%s
Belgium
External
s
s
•
54
42%
96 3A
84%
89%
78%
83%
79
83%
131
83'/a
76
Af-N
84%
83
M-S
99
J-J
J-D
53
V
88
88'A
,
82
extl loan
fund
83%
94
22
79
9
96%
96%
98
99
99%
97
99%
50%
53
68
36%
53
;
>1
(State of)
(Rep of)
89%
1967
7
s
1959
f 6s 1st
ser
f 6s 2d
ser
s
1960
A-O
1958
A-O
1947
A Stabilization loan s f 7s
A4%s assented
APorto Alegre (City of)
AExternal loan 7%s
8s
*104
J-J
50 3A
26
34%
50 3a
A Rio
A-O
87
91%
83
89%
87
93
1977
M-3
..1976
1976
F-A
Refunding s f 4'A-4%s
External readj 4%-4%s
External s f 4%-4%s
3%
external
Canada
s
—.—1975
1984
(Dom of)
30-yr 4s
2%s
3'As..
7-year 2'As
30-year 3s
30-year 3s
10-year
25-year
Jan
2>/2s
15
72
71
,
V'\
A-O
1948
72
71
72%
75
*55%
108%
f
52
V
•
*''• 7
*23%
107%
30
M-S
79
80
13
73%
80
1952
32%
32%
18%
32%
(City of Brazil) 8s
A 8s
J-J
43
external
A-O
J-J
100%
100% 100%
103
97%
100%
M-N
100% 100%
11
97'%
J-J
102% 102%
3
101%
45%
M-s
J-J
dollar loan
secured
A 7s
27
J-D
*11
15
11%
12
88%
85
90
extl
A4%s assented
18%
25%
AExternal sink fund 6s
1964
M-N
1979
M-N
F-A
24
25
79
13%
25%
1961
J-J
25%
25%
26
1961
J-J
23%
23%
24%
3
90
3%s-4-4%8
26 »A
,
External
External
3%-4%-4ft
s
f 5%s
42
1955
extl 8s
_
_
—
conversion
extl
conv
69
64
72%
67%
67%
4
61%
67%
67%
67%
3
60
68
68%
69%
8
66
72
59
60%
34
1978
f-a
3%s extl readjustment
1984
j-j
60%
(City)
external 7s._
assented..
—
35
67%
67%
4.41/4.41/28 extl readjustment
A 4 %8
78
85%
M-N
25%
AWarsaw
84
78
85%
J-D
26'a
25%
84
■
*81%
1979
18%
23%
3
1978
20
18%
;\v
— —
{$ bonds of 1937)—
readjustment
69%:
20%
*24
25%
7s
88%
1961
23%
1958
of)
*79%
Feb
23%
J-D
(Prov
'
*79%
assented
M-S
1958
15
F-A
25%
y-s
16%
*11
F-A
26
1961
16%
*15
M-N
20'%
16%
16'A
*15
M-N
1946
18%
Jan
10
11
M-N
1960
20%
67%
1962
6s
2
Jan
26
41'/a
62
-
-
(Kingdom)—
AExternal sink fund
3
45%
29%
66
26
98
46
29%
2
45%
W—
64%
30%
51
32
13
1962
sec
AUruguay (Republic)
24%
17'A
.
41
46
*41%
64%
20%
._
——
53%
extl
series B
A Silesia
2
'
30
external
A8s
26
1961
7s
Serbs Croats & Slovenes
101
*10%
Sep
f
s
102'a
25
*50
3
*30
J-J
1940
26
1344.
M-N
M-N
1936
1956
23%
page
1957
1968
25%
see
f
extl water loan
A-O
footnotes
80
8s
s
(State)
extl
F-A
For
__
1950
A6%s extl secured
§ A Secured
Sep
31
30
1964
a 7s
I960
assented
129
30%
A 6s
1961
A 6s
-
17%
103%
Feb
f 6s
96
18'/a
16%
,
11
101'a
sinking fund 6s
s
7,7
"
30
Sydney (City)
assented
AExtl sinking fund 6s
30
90%
48
28%
S A San Paulo
101%
A 6s
'mm*»
31
J-D
100%
100%
ARy external
35%
95
28%
1967
municipal loan
100%
13
oris
30
-
*92%
31
33
5
25%
30
17
100% 100%
23%
'V/-;
30
20
100%
A-O
"
16%
17%
17%
77'. 18
J-J
101% 101%
1960
*38% 7,'LL
12%
13
12
/
10
101%
J-J
sinking fund 6s
20'A
A7s
108 7/s
1958
assented
15
26
ASao Paulo
15
a 6s
('*'
30
58
Jan
AExtl
23
16%
^.^7;:
12
20%
33
78
3s
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16
.
14
30%
100%
23%
23
••7
—
17
28%
18
23%
—
*16
*17%
:
26%
32
M-N
18%
16
32
103%
1942
'-77
33
48%
102%
assented
*15
30%
103
*24
18%
.
M-N
75
T00% 100%
M-N
«...
7
*15%
J-D
71%
101%
A 7s
1946
103
J-J
17%
12%
7,7 204
20
13
454
18%
28
13%
1966
70
32
1954
18%
17
18%
14%
88
1968
76
108% 108%
1942
— —
20
7
27
29%
73
9
f 7s
'
■
A-O
57
102% 102%
s
:
f-a
Santa Fe external sink fund 4s
J-J
External
"v
1946
Rid Grande do Sul (State of)—
A 8s extl loan of 1921
72 3a
1953
(City) 8s
■
28
27
6%s
69%
,16
15
(Rep)
106
195S
sec
73%
Jan
A Chile
8s
68%
3s
ACarlsbad
80%
17
18%
lilv'
M-N
J-J
F-A
73
82
A6s external sink fund gold
A 7s external loan of 1926
70%
*71
76
J-J
1960
1945
1961
1944
1967
1968
i $ bonds..
92%
*80
A-O,
M-N
90%
72%
70
30
1966
85'/a
77
73
16
48
*89
v
10
30
50%
*87%
71
72
"
^
6
30
1952
1957
1958
1950
AExtl
^
18%
19%
F-A
91
•7
29
28
A Prague (City of Greater) 7%s.__1952
Queensland (State) extl 6s
1947
(City of)
:- v!
80%
16
50 7a
Janeiro
,
82
27
50
de
•:
77
16
34
f 4 Va-4%s
-
"
30
34
*88%
7
76
J-D
64
s
85%
J-J
68
External
94
89%
80%
1963
___1961
50
M-S
85%
77%
A-O
50%
.____1961
1
1
J-J
48%
7 A6s stamped-
'
8
1950
47%
^
101%
85%
1968
AExternal sink fund gold 8s
A4%s assented
50%
> :
101
100'/a
89%
79
A-O
50
—
92
100%
4
'
J-D
J-D
82%
2
77;
93 '/a
-7 26%
28
A-O
A-O
F-A
93
36
92
*80
■
J-D
1961
1940
(Rep of) gold 6s
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A-O
.
.
'
M-S
1957
MS
84
82%
8
101
77 80
82
M-S
__1957
f 5s—
.Sinking fund gold 5s
Sinking fund gold 6s
Buenos Aires (Province of)—
89%
93%
<
M-S
1947
7s
f 6y2s of 1927
s
',77
84
85
'•
*85
M-N
f 6%s of 1926
(City)
32%
89'%
__
,
89%
_W:''
J-D
s
Brisbane
*18%
36
101% 101%
-7VI,'.-'-:
M-N
s
(Central Ry)—
14
'7.7 18% 732%
__
>7 .:
90
101
'7'
'
external 7s
ANat Loan extl
;
,
1963
1994
AExternal
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12
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14
77
51
__
--
!
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99
^
A.1963
IA Poland
99
8
A Peru
91
99
ser
Ext sec ref 3%s series B
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94
39
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-
28
99%
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5
■
111/a
■
.
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,
: 7:
,
F-A
1944
(Rep) extl s f 5s
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Stamp mod 3 Vis ext to
100
83%
87'/a
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—-7;
•
A-O
1943
APanama
54
125
44
87
1955
external 8s__
__
89%
88'A
1955
f 7s
(U 8 of)
17%
88
—
f-a
1958
5s
Municipal Bank extl s f 5s
(City) sink fund 4%s
18
M-S
1941
f 6s
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SABrazil
f
Oslo
18%
J-J
'
' •
14%
9
'7
'
■
(State)-—
f 5s
s
•80
1957
South Wales
*85%
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77
16
1949
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.7
'
32% ' 7
29
J-D
J-D
A-O
16
1956
1927
of
5s
;
260
32%
1952
7s
1970
1955
15%
1957
(Commonw'lth)
Australia
1
12%
13
18%
82%
83
A-O
1972
_1972
5s of '25-1955
11%
__
77
14
1959
(City)
A
85%
81'A
F-A
S f extl conv loan 4s Apr.
12
29
J-J
1958
F-A
18%
89%
(State)—
1963
88
S f extl conv loan 4s Feb
11%
"
18%
18%
9
v
0
16%
82%
25
'.
:r^v€;
1958
f-a
1958
f-a
*11
137/8
'
97
11 7
2
14'%
14
M-S
16
11%
__
7
70
7 85
15%
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.
22%
75%"
10
f.'tr
7*12%
A-O
15%
23 '
15%
68%
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.
89%
13%
J-J
1956
10
16%
100
7
8 '
97
7i
'
f 12 7
'"'7
1
'
_1965
99% 100
M-N
11%
1945
4'/4S
15%
54
..
j-d
_1954
4%s
*18
100
13%
fund
18'/a
7.27
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Q-J
1933
sink
'7
32
22'%
::
28
99
97
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/ V-
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1945
fund
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:
:
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—
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88
f 6%s
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V 18%
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.
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sink
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1958
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;
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95
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sink
—
1948
1971
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v? 95
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v
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'
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57
85
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a
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f-
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1957
series
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f
44
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*,
7
•
50
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.
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7
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r
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29
18
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v.
1945
Norway external 6s
1947
'
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s
s
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1
7:7
66
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f'
•
M-N
External
(Colombia)—
6s
Akershus
H^
V
J-D
AMontevideo
Municipal
&
•
7
,)r
1957
series
38%
t
M-N
A Sec
120%
'■)
7 7-7- :
i960
External
Govt.
"7,
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1-1693
106%
*73
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86%
107
-V
62'%
53%
■
'■
':w—
-'.7'
•
part paid
part paid-
Mlnas Geraes
;
103
72%
105%
5
40'/a
-
59%
53%;
7'
»"••*•
1949
(Prov) 4s readjusted
Mexican Irrigation—
A4%s stamped assented
AMexlco (US) extl 5s of 1899 £
Teletype
k
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7s
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AAssenting 4s of 1904
AAssenting 4s of 1910
§ATreasury 6s of 1913 assent
NY
64
>
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:7
.
J-J
1945
40%
/,
64
.
Mendoza
■
'
—
7
*40%
:'i
J-J
unstamped..
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7
A-O
dep
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129
86% 7:
86
7„ .77 59%
M-S
_1969
ctfs
8s
77
101%
102%
*103%
^
">V.:7
J-J
1955
series
—
'
ser A.1951
;
'
86%
A-O
A 7s
7
A-
7;
A-O
1st
52
27%
100%
—
1949
5 A 2d series sink
54
7
19
*101%
1953
(Rep of) 8s
30%
39
'
'
.
1977
wks
32
40;
2
20
*100% 102
; /'
*"%
•
.
debt
J
New York
.
30%
3
4%s
AAssenting 5s of 1899
York Stock Exchange
•;
.
46%
"2.^.
7
.77
loan
Finland
Wertheim & Co.
•
61 '
:
•
52
52
/;
*
external
AEstonia
102.27
'hh:h\S
•'7 7'■
1
'
AJugosIavla (State Mtge Bk) 7s
AMedellln (Colombia) 6%s
•'
•.
61 '
:
38%
30%
F-A
Irish Free State extl s f 5s
/'S .ffyi hi
.-v1
^li.57
r'7
52
7
*30%
1949
A El
Foreign Securities
/
;
4
••
/j-V'
M-S
1962
102.28
active interest in
an<^ Other
■■■'
*30%
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wL'•
1944
A6s
South American
/.V
7
59
(Republic of) 5s of 1904
5%s 2d series
10314
6
20
52
7
45
23
720
J
60
18%
16%
'
•
7
1
52
7s
(Republic) s f 6s series A___1952
Helsingfors (City) extl 6%s
1960
Agricultural Mtge Bank
.
/'
27%
French Republic 7s
.»
—
27%
7s
103%
;
52
(Rep of)
Haiti
REctor
V/.
.
M-N
(
J-D+ 7
■
17%
'7 22
Greek Government—
^.1980
:
M-S
1931
-
1951
5%s
':3777>
;
22%:
:
JADominican Rep Cust Ad 5%s___1942
§ A 1st series 5%s of 1926
1940
100.12
•
: *102.11 102.13 V
"*101.3 101.5
__
:
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7
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5 a Denmark 20-year extl 6s
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100.9- V 100.16
-
*102.14 102.16
v/
1962
J-D
*102.10 102.12
__
23%
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;
__
f S
External gold 4%s
v-r 100.14 100.14
—■
24
18%
1953
4%s
100.15
100.11
I.
24%
17%
5
1952
Rica
External
•"
100.28
100.12
24%
20
57
Oct
A Czechoslovakia
100.8
U17
23%
External 5s of 1914 series A
*100.12 100.14
*100.6
24%
49
23%
1927
Cuba
101.25
100.28
21
23%
1960
s
1
<
22%
Jan
of
a Costa
100.31
100.14
25
'24
•
a Public
:
25%
19%
17%
<
20
23%
1928
external
:
r
22%
Copenhagen (City) 5s
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-
*100.19 100.21
1
25%
18%
•
f
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100.14
;
23%
81
:
,
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*101.12 101.14
23
F-A
*103.30 104
'
24%
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*105.16 105.18
,
24%
1946
104.30
101.25
105.6
23%
23%
26
26
'
10724
104.30
*100.16 100.18
,
24'%
23%
1947
100.21
100.5
10
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1947
IOOTIO 100T23
100.7
24%
AColombla Mtge Bank 6%s
*103.22 103.24
100.7
23%
ASinking fund 7s of 1926
•••/. ASinking fund 7s of 1927:
106.11
10T24
20%
(Republic of)—
of
A6s
*106.20 106.22
*100.10 100.13
1
A-O
assented
A6s
3s
*103.26 103.28
26
1962
assented.
Colombia
108.23
109.8
106
26
High
.18%
1961
(Hukuang Ry)
*106.12 106.14
•106.11 106.11
43
6s
AChilean Cons Munic 7s
104.3
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-
241%
23%
.;24%
:v >
A-O
;
"
108.15
108.21
108.26
23%
J-D
.1961
assented-
A Chinese
109.4
*109
.Low,;
1
J-D
1961
AGuaranteed sink fund 6s
AGuaranteed sink fund
*108.11 108.13
1-
January 1
No.
J-D
.1961
A6%s assented
104.26
107.6
*106.28 106.31
High
'
;
M-N
;
___1957 ;
6%s
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100.29
104.10
■i t,Hi
104.9
Range Since
*
Sold
*
110.11
109.9
109.29 109.29
*104.7
Bonds
<
J-D
;
1957
A6%s assented
105.28
110.6
;
.
26
M-N
1963
"ACliile Mortgage Bank 6'/2s
110.16
*105.28 105.30
*110.10 110.13 1
,
:
assented
.... .
26
a-o
>
_1963
•v
106.30
*110.8
Low
a-o
_1962
sinking fund 6s.
Friday's
Bid & Asked
;
1962
assented
AExternal
■
Issue—
Corporate Stock
3%
114.1
105.13
,
„__1945-1947
M
.113.7
I
'
__
J-D
M-S
;
'77/
,
or
Sale Price
Period
(Continued)—
sinking fund 6s
(Rep)
AExternal
v
Ai-3 > :
M-N
-
A
105.9
*100.17 100.15
__
J-D
M-S
J-D
j-d
J-D
M-S
/
•
113.7
High
*107.20 107.23
__
__
;7:7;,,;7777
—r;—1944-1952
7 M-N v.
Corp—
3s series A
iyas
*
.
-
1944-1964
1944-1949
3s
Home Owners' Loan
'
Corp—
——
J-D
J-D
J-D
M-S
M-S
M-S
M-S
M-S
M-S
J-D :7
J-D
M-S
J-D
J-J
J-D
J-D
M-S
J-D
J-J
M-S
J-D
M-S
J-D
J-D
J-D 7 7
,
Treasury
Treasury
;
;
1955-1960
—1945-1947
...1948-1951
1951-1954
1956-1959
.1958-1963
11960-1965 \
V
—1945
2%s
___1948
2y2S._i.___.-.--.—.^.1949-1953
2y2s
;
1950-1952
2%s
,.1952-1954
'
2y2s
_________1956-1958
-7
2y2s
1962-1967
2y2s
i
—1963-1968 ; •
2%s
....1967-1972
2'As____
1951-1953
2'As___
__i._1952-1955
2'As.
—1954-1956
2s
.1947
2s_.
:_Mar 15 1948-1950 \
2s
______Dec 15 1948-1950
!
2s__
Jun 15 1949-1951
2s_l
Sept 15 1949-1951
2s_i.—.
Dec. 15, 1949-1951
•
23/4S—
2%s
23/4S
2%s
2%s__.
2%s____
2%s__.
Treasury
113.7
'
.
Low
No,
High
*105.7
A-O 7
J-D
If-3
,'7
J-D
A-O
A-O
—_____1947-1952
1944-1954
___1946-1956
___;.__1943-1947
...1943-1945
1944-1946
___1946-1949
;„__1949-1952
1946-1948
___1951-1955
Treasury 4y4S__
t
Low
Government
S.
a Chile
-U Last
Interest
.
Week Ended April 9
V
,,
Week's Range
Friday
Stock Exchange
New York
.
'
"
<-
,
r
bonds
Week's Range
or Friday's
Friday
;■>
Interest
-Period
v
April 9
'
Tret
YEARLY
-
Interest"—except for income and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's rangq, unless they are the only transaction* 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 for the year.
Prices
NOTICE
.
Monday, April 12, 1943
52%
60%
15
12
12
13%
11
13%
7/
Volume
157
THE COMMERCIAL &
Number 4167
•
NEW
BONDS
'
New York'Stock
Week
Exchange
Ended
April 91"
Last
Interest
V
1
-
or
Low
Railroad and Industrial Companies
1953
J-
v;AStamped
;
Ot
Southern
1st
1st
cons
1st
'f.i;
Alabama
Power
-_U__^.11967
mtge-3%s„—1972
1st
Albany Perfor Wrap Pap 6s___
with warrants
6s
Interest
/': v '«'
.
—
1965
M-S
Cart
97
97
•' -F-A
—.—1944
5s
modified
«—„•
5s
modified—
—
1949
1st gold 4s—1948
J-D
51
49
51
86
F-A
85
847/a;
87%
53
M-N
37%
37%
40
A-O
13%
13%
15%
13%
''45
13%
15%
45 :
45-
105
ACent Branch U P
^Central of Georgia Ry—
A 1st
mtge 5s—,
§ A Consol gold 5s
65
Nov
j.
ARef & gen 5%s series B
>"•
-
Y
99 %
J-D
99% 100%
89%
89%
,90%
.957
A-O
,_1951
j-D
-1946
83
83
A 5s Income—-—1950
Alleghany St West 1st gtd 48—^—1998
t
Allied
&
Corp 4%s debs
1951
G Chem conv
5%s
Corp conv 5%s
.—1949
American Telephone & Telegraph Co.-—
3 Vis debentures.,
1961
3s
A
debenturesTobacco
Co
deb
3s
1975
Arbor 1st gold 4s
?
27
102%
105%
12
107
108%
f-105%
14
104
105%
104
106
110%
A-O
103%
M-N
>
1995
103 >
61
68
105% 106%
105% 106
1955
series
C
(Del)-1957
Atchison Topeka & Santa Pe—
General 4s—
-——1995
Adjustment gold 4s—:
1909—
100
100%
100
114%
J-D
1955
J-D
102%
51%:
'61
;
J-J
Af-S
J-D
103%
1st
gold 5s__
112%
111%
:
95%- 101
108%
105
v"6,;:^
107%
&
coll
N
1st
cons
4s
4%s
unified
A
Second
mortgage
J-J
112%
110
102%
1948
95%
16
71%
88
385
55%
70%
83%
99%
&
ref
90
47
92%
:
100%
10
*105%
120
J-J
130%
132
i 24
105%;
105% 105 Va
J-J
—1989
102%
105 %
102
106
6
__
~5
-,120
118%
25
J-J
97
25
120
115%
*117%
A-O
115%
891
15%
28%
;96%
.
27%
97%
26
92%
98 %
96%
96%
'a 100
■^5-
93%
50
99%
97%
96%
100%
97%
99% 100
,-*98
'
—a—1958
series
5s
104%.
;
J-J
—1989
99'%
M-S
93%
' 92%
94%
77
81
,1977
F-A
77'/e
76%
77%
99
65
1971
A
F-A
85%
85%
86%
92
73%
J-J
38%
38% 41%
•120% 122
321
'
■
A Gen mtge inc (conv %
Chicago & Erie 1st gold 5s
;
94%
78
,86%
■
.——-1997
s
M-N
1982
Chicago Gt West 1st 4s series A
103%
89
90%
342
87%
70
72
270
63
72
M-N
85%
84%
86
372
74%
42%
43%
88
32%
J-J
J-J
J-J
86
42%
1988
90%
71
—2038
JAChic Ind & Louisville ref 6s A—1947
102%
89
43%
103%
J-J
103% 103%
36
35%
J-J
1953
M-S
♦
17
36%
102
1959
Refining deb 3s
28
111
83
103%
J-J
;
1948
4s
*103
J-D
1952
Oct
1st 4s_—
—1946
gold 4s
cons
1st & ref 4%s series B__
114
109%
M-S
1964
Gulf & W I S3 coll tr 5s
Atlantic
J-J
July 1952
gold 4s
Atlantic & Danville Ry
1st
Chicago & Eastern 111 RR—
112
111%
9
108%
20
130% 131
104%
J-J,
1st
109%
A Div
3%s registered
,1949
Illinois Division 4s——'—-—---1949
4s registered
.——-1949
100%
111% 112%
35%
32
45
118
121%
'
1944
30-year 5s series B
&
General 4s
116%
96%
105%
112% 112%
"
40%
16%
120
68
F-A
2d consol gold 4s
*101%
J-D
1944 £
Charl A L 1st 4%s A
Atlantic Coast
Atl
1946
83%
37%
~6
94%
99
.i,..:
18%
16%
387
86%' 87
; "70 V^-"
•
M-S
AChicago & Alton RR ref 3s
.1949
Chicago Burlington & Quincy RR—
Illinois division 3%s
—1949
»
4
1
71
:
110%
473
34
99
M-N
106%
106
•
Knox & Nor
1992
-1996
R
65
36
*85'.'.' 88%
M-3
-1996
impt M 3%s series E
Potts Creek Br 1st 4s
70
■;
102
100%
20
954
'
35 Va
93%
15%
50
90
■
109% 109%
93%
M-N
Ref & impt mtge 3%s Q—
.
61%
103%
108% 108%
Cal-Ariz 1st Si ret 4'As A—1962
L
32
:
16%
35
110%
40%
37%
A-O
Ref &
103%
98%
'107%
Conv gold 4s Of 1910
—I960
Trans-Con Short L 1st 4s1958
_
100%
ii '
■
114% 115%
loo
100%
M-N
—1955
——
111%
40
Nov
1995
Chesapeake St Ohio Ry—
General gold 4%s
♦101%
A-O
.—1995
4s
Conv gold 4s of
Conv 4s of 1905
1st
83%
34
68
iv • 6V4
-3
.'i -35%
.'vj'v/-'':----'
F-A
5 A Central RR & Bank'g of Ga 5 s—1942
Certain-teed Prod 5%s A
1948
40%
6%
349
36
32
.
87%
23%
164
r
51
109
107
,
25
105%
4s
Through Short L 1st gtd 4s„r..1954
V Guaranteed gold 5s
I960
108%
4 is
61
66
66
..
:•
2
103 %
102% 102 %
;
61
Q-J
243
103
M-S
6
107%
69
110% 111%
108%
A-O
J-D
105%
General
i
a-o
-
107%
108% 108%
108% 108%
:
-
J-J
All &
"
102%
68%
4
111%%:
82%
v
103%
98 -
30%
g
37
F-A
86%
46
P-A
Atl
82
.
j-j
.1962
>5
Jan
(Del) 4s B
78%
333
Armour & Co
sink fund
,
86%
M-S
v
j-j
68
104%
\104
105% 106
M-N
-1967
.
•
Ark & Memphis Ry Bdge & Term 5s 1964
Stamped
34%
102%
''
262
35
103%
85
85
J-J
•
1962
Wat Wks & Elec 6s series A
1st
34
j-j
1987
75
62
70%
■
<£$
;
*111
-1961
•4
108% 108%
108%
M-S
1956
;
Anglo-Chilean Nitrate deb—
tAnn
*60
V 53%
150
75
•103
103
:
M-S
1966
debentures
conv
Amer
Am
F-A M
1949
Internat
3Vis
4
-A-O
■
4s_——1952
conv
Foreign Pow deb 5S——2030
Amer I
Am
-
72
72
:•
■
Stores
Allis-Chalmers Mfg
Am
A-O
■£
-1966
92%
60%
29
J-J
97
100%
70
216
92%
82
4-0
■
r
—1959
Y
63
-
1959
ARef & gen 5s series Ci
99%
94%
1945
-
-1945
.
-1950
:■
48
17
93%
25
•
7
41
t
1
•
57%
>'
2
,97
57%
T":
Y
A-O
F-A
102
^
modified
106%
57%
103% 103%
V 62
-
101
101
■
'
6
101%
109%
99%
110
103%
62
63
1981
75
108%
105% 106%
—
4
J-J
108 '
•
M-N
1
High
62
—
J-D
5
63
.1950
79
108% 108%
1962
3
99%
Gorp 5s w W—
gtd gold 4s—
& Adiri 1st
*76%
108%
1947
109% 109 Vi
63
Ohio 4s
Low
debs.i
102%
A-O
January 1
No,
Celanese Corp 3%s
101%
A-O
Range Since
Sold
High
Celotex Corp deb 4%s w w
J-J
.1948
Bonds
-
102%
103%
" 65
Friday's
102
;•
102
1
65
&
Carriers & Gen
101%101%
A-O
or
J-J
J-D
>
Week's Range
Last
Sale Price Bid & Asked
Period
.
1949
J-D
Alleghany Corp—*
58
.•••
Low
71%
M-N
Albany & Susquehanna RR 3%s—1946 :v
3%s registered.———
—1946
,v
Friday
Exchange
'
64%
102
*103'/a
-:/i *102 y '-Y'Y'
103 %
103% 103%
F-A
-
1948 Y
assented-:
Stock
High
48%
64%
—
J-D
•
Y
—*—4.—1943
series B_
Low
York
Week Ended April 9
70%
64%
M-S
•
/
mtge 3 Vis ser A
4s
No,
New
V
Carolina Clinch
J-D
<
1943
5s
High
Range Since
January 1
-
J-D
-
1946
4
A
cons
Sold
Y
1953
10-year deb 4%s stamped
Ala
RECORD
t§ACarolina Central 1st gtd 4s
Adams Express coll tr gold 4s.__
1948
Coll trust 4s of 1907——.
—1947
'■
'»
"
5
tAbitibi Power & Paper—
§ A 5s series A unstamped——;
BOND
1341
BONDS
Bonds
Friday's
•Sale Price Bid & Asked
J-Period
-
YORK
Week's Range
Friday
yYY/YY..--Y
FINANCIAL CHRONICLE
29%
32
100%
1
inc
mtge 4'/2s
l
ARefunding gold 5s series B_
1947
72%
J-J
J-J
39
M-N
10%
5s series A
gen
A 1st
& gen 6s series B____-May 1966
Chicago Ind & Sou 50-year 4s__—1956
106
66
75%
66
38%
45%
45%
15
31%
45%
100
31%
42%..
.1947
-1966
&
74
44%
45
5/
;
A 1st
102
72%
43
;
43
.
ARefunding 4s series C——-
36%
104%
102
104% 105
AGen
J-J
43
V
40
39
,
,
117
.
10%
100
154
6%
'
;
io%-
12 y8
69
82
83
11
56
56
57%:.
10%-,
J-J
43
29%
12%
40
13%
.
6%
13%
66%
83
43%
;
58 Va
^Chicago Milwaukee St St'Paul—
AGen
4s
series
A
May 1 1989
J-J
302
V
AGen
gold 4s
—July 1948
Stamped modified bonds—
gold
mtge
Oct
1
(int
1946)
1
Dec
Y'Y
4%
at
A-O
A-O
52%
53%
:..>53
C
May 1 1989
J-J
57%
57%
59%
319
4%s
series
E
May 1 1989
J-J
58
58
59%
104
74%
72%
74
185
59;%
74%
.
77%
102
60%
;
—May 11989
J-J
58%
59%
20
45%
60
29%
32
4,044
18%
'32
8,127
4Va
■
V'
■
1995
J-D
46
46
47%
292
32%
.51
f
51
53%
136
35%
53%'
a-a
45%
i
45%
47%
292
32% : 47% •
AGeneral gold
j',,;-
(int at 1% to
F (int at 1%
ser
Sep 1 1946)
4s
to
-
46
46
35%
35%
Pgh L E & W Va System—
Ref gold 4s extended to
1951
1st M (int at 3%%
47%
:
243
37%
32%
47%
,967
;
65
66
24%
.37%
66%
.
225
51%
66%
1st
ref
&
gold 5s__
—
1951
J-J
73%
73%
75
1951
Battle Creek & Sturgis 1st gtd 3s__1989
Beech Creek extl 1st gold 3%s__—1951
J-J
73%
75
94
2
82%
1948
——I960
J-J
102%
102% 103
45
102%
104%
§ASecured 4%s series A—
A-O
129%
129% 131
9
128%
131
AConv
99%
100
104%
104% 104%
101%
101 Va 101%
61
46
59%
;
AConv 4%s series A
Bangor & Aroostook RR—
Bell
Pa 5s series B
Telep of
1st &
ref 5s series C
Indus Loan
Beneficial
2%s
2%s
Consol
Consol
vl."V'-i-r-v
94
J-J
99%
M
104
104
J-D
F-A
A
J-J
84
M-N
51%
F-A
Bklyn Union Gas 1st cons gold 5s_l945
M-N
1947
1950
J-D
ref 6s series A—
gold 5s
Debenture
—
<
Buffalo
.34%;
1957
M-N
Niag Elec 3%s series C—1967
Stamped
3%
to
modified
(interest
at
56%
59%
34
50%
90
39%
59%
234
23%
34%
238
22%
32%
32%
34%
32%
32%
35
J-D
32V*
32%
34%
130
7%
8%
1,882
.
"
M-N
7%
F-A
53%
53%,
46
:
48%
v
35
23
■
34%
4
9%
9
46%
54
J-J
46%
"•
553
33%
49%
35
48%
1,673
30%
369
M-N
9%
418
105
—1960
Chicago St L & New Orleans 5s
1951
Gold
3%s—ii
——--1951
Memphis Div 1st gold 4s_
—1951
105%
Chic T H & Southeastern 1st 5s—1960
101%
99%
103
103%
A Certificates
1
80
-Y'-AY
8
8%
87%
—.
v
J-D
AA
J-D
75
19
a
——
Y;
14
70%
11%
70
';'•
Y"- Y
31
4%
88
67
••
75
53%
60
70
'
72
49
62%
72
60%
61
80
49
62
*44
Y;
59
.
■
102%
103% 108%
102 % 103 '/a
1952
J-J
100
100
1962
M-S
101
101
A-O
48
-1963
J-J
J-J.
1963
24
--/Y
107%
100
9
109%
103 %
89
'
Y;v
Chic & West Indiana
com
4s
1st & ref 4%s series D
37
■
.-4 '
—
17
';
45%
45%
99
,
109%
Cincinnati
105%
Cin
1st
Gas
100%
37
947/a
100%
52
;
101%
mtge gtd 3%s series E
Cleve Cin Chic &
97
101%
General
115%
General 5s series B
110%
■>
48
.
261
1966
F-A
1967
J-D
—
Ref & impt 4%s series E__
v.
.'Y;: A '
Y
:■
!c
\
'
.•
48
St M Div
St L Div
i:
35%
__
1st
—
_
1969
•:
52
.
112
,
65
41
47
44
45'%
■■v-
20
108%
,
48
45%
110
110%
110%
109 7/«
14
111%
109
Y
5
111% 112
■
28%
Xl-'y
110
63
/
38
;
23
109% 110
.*111% 112
110
F-A
'
1991
4s
85
J-D
;Y;,/ I.;Y
85
85
J-J
58
58
60%
J-J
•;;.'Y,57
57
58%
79%
80%
8
107% 107%
70
J-D
1993
1977
coll tr gold 4s
1st
110
v*>Y :;v
M-N
1993
gold 4s
Cin Wab
43
112
St Louis Ry—
103
••
42 /
__
——-———
48
42%
43
1952
gtd 3%s D__ .1971
1st
:Y
A-O
M-N
Y
—
Elec 3%s—
&
mtge 3%s
Union Term
1st
1943
1957
5s
110%
.'1'
M-N
Debenture
t A Choctaw Ok & Gulf cons 5s
112
'.
"...
Childs Co deb 5s-
104% 106
83%
90%
38
..
84%
'
104%
:YY11;Y
y
?
108%
'.'A
15
89%
"■
&
54%
23%
Y*Y
113%
;
,"
39%
-
102% 103
113
73%
34
106
88%
;Jv
^
113%
Y,
.
•'•v
v:
—
W
87
85%
M-N
1990
71
r
Y
452:
85%
60%
46
20
46%
58%
65
81%
20%
,
••
Y
-1970
Cleveland Elec Ilium 3s
.
J-J
'107%
106%
108%
105
108
JBurlington Cedar Rap & Nor—
A Certificates;
Bush
Term
of
deposit
1st 4s
Consolidated
A-O
1934
$ A 1st & coll 5s
Bush Terminal
—
J-J
—-——1955
5s
18%
19%
85
11%
17%
17%
27
11
*84%
90%
68%
Cleveland & Pittsburgh RR—■
Series C 3%s gtd
19%
81
86
70
13
58
70
85% 786
70
A-O
1960
Bldgs 5s gtd—i
18 %
17%
A-O
1952
—
26
77
Series
Y
86
D
3%s
Gen
&
ref
Short
Cleve
Union
.'1st
s
1948
4%s
Line
4
series
1st
Term
Canada
Southern
Canadian
cons
gtd 5s A
National.gold 4%s
gold. 5s
Guaranteed
Guaranteed
Guaranteed
gold
5s
1962
•
112% 113%
!-
7 J-J
108%
108% 108%
s,
gold.5s
1970
Guaranteed
gold
4%s._t—
gold
4%s
1956
Guaranteed
gold
4%s
Pac Ry
Coll
5s
tnist
4%
trust
Collateral
For
gold
,
Y
footnotes
see
page
114%
113 V8
110% 111
34
M-S
—I960
110%
112%
81%
J-D
.
.
J-J
114% 114%
gtd 5%s
1
f 5s series B gtd—i
79
111%
89
113%
108%
109
113%
115%
Colo
Fuel &
:v
V
A Certificates
Columbia
G
of
E
&
mtge—.—1970
"
""
'■
1.
deposit——
113%
115%
3
113%
114%*
12
111%
113%
Columbus & H V ,1st
110%
111%
Columbus & Sou Ohio El 2%s-.
112
113%
Columbus
112% 112%
81%
82%
100%
100
71%
82%-
100%
102%
6
104%
105
100%
37
95%
96%
38
91
104% 104%
-.95%
3
46
31
100%
96%
Debenture' 5s
Debenture 5s
&
Tol
ACommercial
Income
J-J
A-O
.JM-S
,F-A
„
-1970
1st extl 4s„-—-1955
Mackay Corp—
deb w
A-O
extl gold 4s__1948
'
Apr 1 1969
w__
.
,.105
,
7
71
86%
89Ps
82%
71
75%
89%
143
64%
82%
75
127
*104
—
86
87/2
37
38
38
59%'
103%
~8
37 %
80
75
104
87%
*Kr;
99>%
99% 100
l:-'.— .1; 99
100
95%
95% 97
'110
*—
—
.
110
110
5109% 109%
*107%
303
•
/
24%
19
25%
92
92%
18
183/.
3
93
—
—
78
84
38
37%
100
100
88
97%
110 %
110
108%
110
112%
3
112%
,
May
;
86%
37%
"
;
105
—
37
v
—-
i—Apr 15 1952
1961
—
;
;..
M-N
M-N
May 1952
deb 5s
—
•'Vfv'
i
—
72
72
J-D
,
A-O
A-O
: V
'
1980
114% 114%
,
'
*105%
86
87%
79%
86
877a
79%
A-O
-
1945
AColo & South 4%s series A
*105%
;^
A-O
—
°108
—
V
A-O
1972
1977
Iron 5s inc
112% 113%
101% 102
96
108% 109%
*105
,
J-J
-
1973
3,
101%
J-J
1944
1344.
J-D
J-J
1954
trust :4%S—_j.
114%
J-J
«_1946
5s
1
F-A
M-S
deb stk perpetual
4%s
equipment trust ctfs
Coll
-
1951
Canadian Northern: Ry deb 6%8.-—1946
Can
29 v
F-A
-
1955
Guaranteed
7
114% 114%
A-O
s-
11
54
113%
.
July 1969
1969
89
J-J
195T
Oct
88
A-O
V
F-A
1981
B—
1st s f 4%s series C
108% 108%
A-O
1966
F-A
gtd 4%S—.^-1961
Coal River Ry 1st gtd 4s_.^
4s
M-N
1950
^1977.
gtd
General 4%s series A
Cleve
California-Oregon Power
'
29
Y Y 20%
*61
?
M-S
of deposit
88
*73%
a.'A
J-D /Y: A-:'
Y.*4"Y
Union Station—
3%s series E__—
mtge 3%s series F
1st
96%
—
J-D
■
Dec 1 1960
guaranteed 5s
1st mtge
90%
'P-
gold 4%s
Income
104%
229
,
105
106
■
88%
s».,;
1.
1957
due
1946)
—
56%
J-D
J-D
-
28%
350
54%
35%
105
.
J-D
■..•••
84%
51%
34%
*100%
105
F-A
Buffalo Rochester & Pgh Ry—
50
Y 47%
92%
10
109% 109%
F-A
1981
1st lien & ref 5s series B—
Buffalo Gen Elec 4%s B
51%
35'%
28%
78 Y
1
82%
M-N
lien &
1st
33%
3
26
102%
4'Y
15
89
65
;/Y, 213
'
M-N
Bklyu Union El 1st gold 5s
...
96%
89
A-O
1955
1966
1950
Bklyn Edison cons M 3%s
■
90%
96%
50%
51%
46
103
887/a
'ij-ia-'A: "A
47
50
50
29
94
102%
6
50
32
47%
103%
6
102% 103%
90
,U'
49%
33%
33%
;
50
47%
26%
98%
*103
r— :
M-N
gold 4%s series JJ
1961
1st mtge 4s series RR—.—
.I960
A Inc mtge 4%s ser A
July 1970
Y Air L 1st 4s
Y;
M-S
1955
1st
f A Boston & N
M-N
A-O
6
104
45%
'
1967
1st 5s A C—.
series II
5s
28
tAChic R I St Pac Ry gen 4s
1988
A Certificates of deposit-——
§ ARefunding gold 4s
1934
Chicago
1st
27
49
M-S
103%
34
ioya
32%
477%
30% ,46
134
1952
10
103% 104
F-A
Big Sandy 1st mtge 4s—<—.—1944
Blaw Knox 1st mtge 3 V2S
1950
Boston & Maine
47
46
tJAChieago Railways 1st 5s Stpd
25% part paid———-——.-^,1927
75
Y
46%
"
100%
•
60
,
75
60
45%
99%
99%
A-O
59%
;
--
*99%
A-O
»
is
21
-
*46%
94
J-D
1950
1956
1952
mtge 3%s series F—-—1959
mtge 3s series G
1960
mtge 3%s series H
1965
Consol
■■
A-O
debentures
Beth Steel 3%s conv debs
'
J-D
r:
45
46
*'
■
186
—i.'./
May 1 2037
May 1 2037
May 1 2037
1949
61
:
49
M-N
Y;
A
59%
stamped
46
M-N
M-N
58%
ref 4s
47%
46
;
55s/#
4s
45%
44%
;%.:*46
M-N
59%
40%
;/•
M-N X.
"M-N
58%
Con
M-N
■
stpd Fed inc tax——_1987
5s
Alst & ref 4%s stpd—
A 1st & ref 4%s C
'
62
60%
45
'
AGen
;
532
45%
.44%
■
1987
J-J
due—_
10% :
1987
1987
registered——
J-J
1947)
1
to Jan
8%
>
1987
1950
1959
:•*
29%
8%
A4%s stamped————————1987
§ A Secured 6V2S
—1936
S'west Div
Toledo Cin Dlv ref 4s A
'
M-N
1987
-
M-N
.
'
r
M-S
F-A
—
A-O
1987
AStpd 4s n p Fed inc tax
AGen 4%s stpd Fed inc tax
-v'-
1996
—Feb 1 1960
due
due—
A Conv
3V2s
registered
Y-Yr AGeneral 4s__.
■
Ref & gen
;
F-A
Mtge gold 5s series A__—_—1975
adjustment 5s_—__Jan 1 2000
3%s
due
due—
Sep 1 1946)
series F-
rv
tChicago & North Western Ry—
47%
3-D
2000
Ref & gen ser D
4%s
AConv
(int at 1%%
,
55
44%
.77%
1995
Ref St feen ser C
to Dec 1 1946)
40%
s
'
tChic Milw St Paul & Pac RR—
75%
A
...July 1948
(int at 1% to
*
due
1946)
72%
to
due
Ref St gen ser A
53
series
AGen
1st mtge
1st
J-J
4%s
AGen
Baltimore & Ohio RR—
gold 3%s series B__May 11989
AGen
B
23
54
'
84
Commonwealth Edison Co—
1st
mtge 3%s series I
debs 3%s_-
Conv
1968
-
—1958
J-D
J-J
—
112%
111
111
112% 112 %
3
110%
111%
23
108%
113%
& FINANCIAL CHRONICLE
THE COMMERCIAL
1342
or
Range Since
Sold
January 1
Low
No.
High
Low
.1951
108
5
107
1097b
5
109
111
'
Interest
Exchange
or
Bonds
Range Since
Sold
Friday's
January 1
Bid & Asked
'v
1
'•
:•
Last
Sale Price
Period
1)
Low
■
High
'
.1951
J-J
.1961
F-A
109
3 %s
debentures
3 'As
debentures
103
103%
47
102%
26
105'A
106%:
A-O
106%
106% 107
6
106'A
108
.1958
J-J
108'A
108% 109
7
106%
109
J-D
104%
104
23
103%
104%
.1954
:
debentures
A-O
.1956 *•
.1951
3 %s
.1948
—
J-J
26
31%
45 Vb
.1955
45
6
J-J
45
44%
•
—.
100
44%
98% 100
32
92
1
3'/as—
mtge 3l/aS
1st mtge 3Vis—
1st mtge 3%s
mtge
1st
2 Vis
Co
Crane
_____
f debs_____
s
debs
Crucible Steel 3Vis's f
109
M-N
—1965
—1967
_1970
1966
1969
1950
1955
3'As
mtge
1st
M-N
'
~
a-0
—
",;1
ADeposit
extended
B
series
A 6s
89
-
-
63%
70
70
F-A
J-J
:
■
'
-
73%
82
58
73 %
527b
73
J-J
53%
7'f/ 32
42
53%
58 Vb
11
47%
58%
64
26
48 %
64
d 57.
62%
63%
•81
".'.I-* '.- Sli'
V
73'A
:777: 1
62%
73%
59
384
47%
59
52%
55%
217
43%
55%
91%
16
38
73%
73%
57
91
F-A
J-D
57
;
::
52%
J-D
1963
__
1087b
39
108'/a
101
52
93
96%
32%
38%
j-j
42%
38'A
1946
:
4574
36%
45%
j-d
37%
38
15
1474
1674
588
34
34
38%
134
gold 5s series C——
1956
Hydro El.deb 6sJ.._
.—1944
Paper 5s series A & B—-1947
sink fund 6s series A
,-1955
34
38%
34
51%
54',A
111
1037< 10374
3
J-J
34
47
Internat
A-O
51% :/•
39
Internat
J-J
V'36
27 %
23
A 1st
Int Rys Cent
33 Vb
96%
6
42
26%
9874
Ref
38
42
98%
1st
,
Int
102%
104
24 VB
J-J
.—
38 7b
4574'
101%
102 Va
A-O
B-
series
5s
27
39
98
A-0
1955
Publishing Co 3s deb
36 %
36%
30
*43'A
*35
J-J
38
-
39
5
10
306
102% 103
•to*
105%
39%
101% 10274
A-0
38%
108'A
104%
9
104'A 104 Vb
104%
A-O
B__
Amer 1st 5s
F-A
74-%
72%
MS
23%
38 Vb
39%
54%
104'A
104 Vb
107
92
7:..
•
98
95%
100%
335
63 Va
72 V
368
66 'A
75%
47-4
86
1%
83
46'%
61
94
96%
72 VB
4
4
.
18
75%
687b
1955
ref 4s
1st &
Cent Ry
7 .4
■
41
39%
103
*100% 100%
71
1951
5s_————
Debentures
98
*97
;...
F-A
6'A
23
14
10674 107
—
J-J
Telep & Teleg deb gold 4'As—1952
tAlowa
I
M-N
1972
1947
6%s—
ref
&
lien
MS
>7
91%
24%
108'A
;
1956
A 1st
'
j-d
A-O
82
43
7-.vl
*108'/a
3
■■
49
45
■
.
1
MS
B—J'.
18
50
38%
36%
*46%
387b
'JSJ,''
;
J-J
1986
Inland Steel 1st mtge 3s series F„1961
Inspiration Cons Copper 4s
—1952
Interlake Iron conv deb 4s„_'
1947
tAlntcr-Great Nor 1st 6-s series A-1952
^Adjustment 6s'series A—July 1952
1017b
96%
Iowa
&
Union Ry 3'As series
Ind
110
15
*42'A
j-d
1946
to
1077 b
1
J-J
1st gold
4s„
1950
t&Ind & Louisville 1st gtd 4s_—1956
111%
95%
9 6'A
receipts—
ADeposit
Curtis
54 %
85
'
♦697b
J-J
-1963
ref 5s series A—
1st
111
Ind
1107-8
110%
101 Va 101 'A
-
"
receipts
A extended to
receipts—
10974
25
•'
108'A 108'A
I I":
'
j-d
——Is-
•
109 Vb 109 %
"W—-■
M-N
'
111% 11174
.111%
.
M-N
1st 5%s
1942
A Deposit
receipts:
—_——:—
A Cuba RR 1st 5s gold—
1952
ADeposit
67
42%
9
and Chic St L & N O—
Cent
Joint
1097b
108%
8
1097 b
*1097b
M-N
§ACuba Northern Ry
A7'/2s series
89
J-J
111
100
441
54%
88
J-J
1st & ref 4%s series C
1st
High
Co—
Power
Consumers
5174
Springfield Div 1st gold 3%s—_1951
Western Lines 1st gold 4s„
1951
,
45%
.51%
56%
67
1951
3'As
Gold
45
33
2
58
441/4
J-J
1960
104%
43%
43%
J-J
.1956
4s
A Debenture
••
65%
J-D
Cairo Bridge gold 4s—
104%
105% 105%
A-O
.1946
debentures.,
;
65%
F- A
1955
1966
^—1950
Litchfield Div 1st gold 3s
1951
Louisville,Div &"Term gold 3%s_1953
Omaha Div 1st gold 3s__-__
1951
St. Louis Div & Term gold 3s__—1951
4%s_.
40-year
.
56
M-N
Refunding 5s
S'
:
Consolidated Edison of New York3'/iS
Low
m.
,
Illinois Central RR—(Continued)
103
109
V;1"1."'* '
iv"v,
108
107
*112
J-J
Stock
Week Ended April
High
107
'
York
New
Week's Range
Friday
BONDS
Bonds
Friday's
Bid & Asked
Sale Price
Period
Ended April 5)
Week
Last
Interest
Exchange
Stock
Week's Range
Friday
BONDS
York
New
Monday, April 12, 1943
.
.
a
G
,
D
70
J-D
60
59%
9574
95%
106'A
5
105
103'A
96
107
6
105%
1961
3'As
Laughlin Steel
108'A
K
37
37
39 %
781
21 '.a
39'A
Kanawha
& Mich 1st gtd gold 4s„1990
38
38
39%
51
22'A
39'A
t§AK C Ft S & M Ry ref gold 4s.l936
A-0
165
3%
A;
A-O
9
7
7%
7
7
F-A
8%
511
77 A Certificates
deposit
—
Kansas City Southern Ry 1st 3s_„1950
Ref & impt 5s
——Apr 1950
Kansas City Tenn 1st 4s_
1960
10
30'A
18 Va
6%
15
15
11
3 %
328
30%
27%
27%
J-J
1935
7
108%
16
106
A-O
1978
I i
61
J-J
1st 4s__1959
& Clear
Frankl
&
Jones
104'4 104'A
F-A
15%
MS
*92 4
A-0
112'A 112'A
110% 110 -'a
10
111 Va
7
110%
111%
J-D
105% 105%
4
104%
106'A
,
51
50
J-D
J-D
85%
*102% 103
A-0
42
J-J
32'A
1103
15
110%
7
32
J-J
33
J-J
'
Kresge Foundation 3%
notes
fAKreuger & Toll 5s ctfs
A
109%
111
107
108
103
106%
Coll
&
148
149 %
Coll
&
.I
A:
J-J
225
145
69%
132
105%
110%
111%
1137a
■*.
J ■"
90
w
7.7
'•••-'
'
,i;':
J-J
7;
*10674
108
v
MS
106%
108
107
4
105'A
1027b 102%
-';I:
••
.
93%
170%
105
'
.
*106% 107
MS
90
170%
1
108
108
'
MS
61
85
93%
'
^7,-
■
170% 170%
' i'l
78%-
46
1
25
90
li
*82
.-
'-L
a
61
61
8874
i'-V'i-
73
73
78%
*93%
■
A-0
-.1961
.—1950
1959
Koppers Co 1st mtge 3%s___
108%
23'.
—1954
Kings Co Lighting 1st 5s
1st & ref -6'As——
95 VA
IO0V2
J-J
unguaranteed—
4%s
102 Va. 103'A'
107'A 108'A
1077a
J-J
Kings County El L & P 6s„_
62'A
71%
*113%
J-J
88%
81
77
105 Vb 106
J-J
19G1
1997
1954
———
-A-
Plain
727b
77
J-J
1961
Stamped
■"'33,7/
26
28
9 5'A
95
95'A
M-S
~A-0
J-J
10
81
82 %
61
155
82'A
807b
•
••
1961
—1961
Kentucky & Ind Term 4'As—;
51
40
■A
51
*50
M-N
91%.
89
86
61%
*92
7'.79
79
-
of
Kentucky Central gold 4s_„_—1—1987
112%
M-S
mtge 3'As series
ret
107
56%
J-J
1947
1965
G—1966
Gen & ref 3s series H
u—1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s_
1995
Detroit Term & Tunnel 4'As
1961
Dow Chemical deb 2'As
1950
Dul Miss & Iron Range Ry 3l/as__-1962
tSADul Sou Shore & Atl gold 5s___1937
Duquesne Light 1st M 3'/as
1965
&,
Gen
105'4
J-J
plan)
JADes M & Ft Dodge 4s ctfs
t ADes Plains Val 1st gtd 4%s
Detroit Edison 4s series F—_
70
106'A 107
J-J
Aug 1955
impt 5s series B—
ARef &
67'A
J- J
1st cons gold 4s—-1936
gold 4'As____
—1936
IA Den v & R G W gen 5s_
A Assented
(subject to
/
—-
J-J
t§ADen & It G
§ AConsol
67%
M-N
27
James
*101'A
J-D
Union Ry 3'As series B_„1965
Delaware & Hudson 1st & ref 4s—1943
Delaware Power & Light 1st 4%s__1971
1st & ref 4Vis
_:—
1969
1st mortgage 4Vis
1969
Dayton
799
106 Va 106'A
1061/4
J-J
1970
3s
Dayton P & L 1st mtge
108%
100%
15
102%
17b
71*3,7S V;;:; 3%-7:
3
77/77
1948
3'As
Elgin Joliet & East Ry
El Paso & S W 1st 5s
stamped
5s
:
*107 Va
M-N
*107%
J-J
*149% 152
M-S
104
,-1965
1965
1st cons gold 5s
Elec Auto-Lite 2'As debs„
(NY)
Ed El 111
A-O
1956
1995
1950
1970
Ry Minn Nor Div 1st 4s
East Tenn Va & Ga Div 1st 5s
East
A-O
80
—
__
5
101'A 101'A
J-D
100%
102'A
104
:
104
104
,;
A-O
,
75%
64
26
8OVA
80
65
1
75%
Erie RR extl 1st 4s
Y &
Ohio
1st
Div
3'As
mtge
•'
/.-•
•;
J- J
■-
7.
96
J- J
1995
2015
1947
1971
4%s series A
AGen mtge inc
57
96
97%
125
57
59
170
97%
927a
*107
M-S
100
101'A 101%
55%
J-J
J-D
gold 3'as—_1997
}.
1997
100
A 1st
106%
1975
1954
reg
Rub 3s deb
Tire &
1961
A
ref 5s series A__
1st &
A
of
Certificates
*86
J-D
*89'4
101%
M-S
29'A
99
At-
Lehigh Valley Coal Co—
5s -stamped
101%
83
132
32%
'90
of
20
/,
8%
J-D
1956
1956
trust 6s
8'A
9%
104
4'A
of Berg Co cons 5s
9%
9%
22
4%
9'A
102'A
102'/a
*102'A
M-N
—
*81
84%
80Vb
Leh
99'A
99
99%
Ry 5s__—Oct 1 1945
1934
Goodrich
(B F) 1st 4'As
.1956
Gotham Hosiery deb 5s vv w
1946
Grays Point Term 1st gtd 5s
—1947
J-J
31
30%
33%
J-J
45%
45%
45'A
J-D
1961
J-J
.—1952
& Ala
t A Georgia
fitAGa Caro & Nor 1st ext 6s
Great
4'As series A
Northern
General 5'As series B—
mtge 4s series H
Gen
mtge
Gulf Mob &
1st
ctfs
109%
100'A
J-J
t)"(/
J-J
10374
102%.
102
J-J
85%
1st
&
ref
93
—.
Term
M
Lex
5s
Y 4'As ext——1950
lUo'A
107%
1
99'A
100'A
97
10974
Houston
Hudson
Oil
68
30
84%
94
8374
99%
73
99
175
86'A
75%
68'A
65
gen
4s series A„__„1962
:
Lorillard
'
—
86'A
Co deb 7s
(P)
:
debenture-—
5s
Ark
Louisiana
V
&
Louisville
69 Vb
Gas & Elec 3'As—
97
97
5
91'A
93
96
26
87%
96
J-J
78
78
80
49
69%
8074
1st
J-J
57
59%
76
54
64
1st
&
ref 4'As
&
ref 4s
1st
series
5s
—
1952
J-J
1969
103% 103%
9
14%
Lou
110%
M-N
110
Jeff
&
Louisville
*92%
A-0
104
110
22
11074
102 Va
1107b
Coal
Hudson
Co
Hudson
&
AAdj
1st
Gas
s
f
1st
1954
5s
101
M-N
series
__
*85'A
J-D
48
47
5s
127
9874
5s
series
10
118
F-A
59
57 Va
A-0
26
26
1981
J-J
1027b
86%
J-J
1952
103
—1953
For
footnotes
see
page
1344.
127
52%
38%
38'A
42%
797
29%
38%
38Va
40
42'4
42 V4
45
40%
40'A
'41%
48
4734
50
69%
71V4
M-N
M-N
M-N
7
42 %
40
72
28%
615
32%
45
80
31%
41%
201
?'7
35%
54
V
55'A
115
2
31
50
71%
117%
105%
107'A
108 %
6
A-0
108% 108 %
F-A
121% 122
'■:;7'";6 %
106
7
M-N
106
<7
109%
121'A
122%
101
100 Vb 101%
MS
101
100'A 101
A-0
F-A
1969
—1966
1
'
104%
104
35
MS
106
106
2
10
100% 101
:
99%
101
121
'A
92%
98 Va
101 %
39
98%
101
108% 108%
J-J
2
108'A
110
121% 121'A
11
121%
94%
100
92%
*110%
M-S
_
MS
A-O
A-O
A-O
88%
56
122
V'
%
94 %
109%
110%
104
104'A
78
Y 77
_
104%
*104
1945
X'u'r-
105% 105%
9
103 Vb
10514
99 Va
100 Va
161
9414
100'A
93%
105 %
9314
1
88%
85
93'A
2003
A-O
89%
72
1950
J-J
104%
104% 104%
14
103%
105'A
J-J
1097 a
109% 109%
4
108'A
109%
104'b 104%
10
104
105
87%
12
ext
89
F-A
89%
78%
87%
MS
87
1945
1952
M-S
*109'A
J-J
1955
M-N
1945
J-D
mtge 4'/2s series A_l___1960
J-D
56%
56
58 %
60
47%
58%
M-N
57
56%
57%
135
49 Va
59 %
3s_:
Montg 1st gold 4%s_
Ry Joint
4s
monon
& Cine
Knox
Div
4s
'
104%
551
40%
51
97'A
7
_
94
9714
*97
97%
110
17
97%
97%
'.
110%
117%
118
1
61'A
46%
61%
28 %
243
19'A
29
M
>
6
.
63
102% 102%
100
100
*93
Maine
Gen
Manati
Central RR 4s series A
Sugar 4s sink
fund—Feb 1 1957
s
f 5s
(South Lines)
4s
101'A
103
western
97
*50
—
_
~
6274
62%
65
123
58
57%
5974
174
J-J
55
55
56
59
587b
61
Stamped
—
f
5
173
McKesson
47
5974
Metrop Ed 1st 4'As series D
43%
56%
Merop
Ry 7s series A„Apr 1940
Robbins
Sew
ISA Met W Side El
—
—
29
*52 lb
J-J
to»4.-
'
100
54
ZL'•'
100
102
103
3
*100'A 103%
A-O
100
100
Q-A
97%
97%
3'As:
1956
J-J
107%
107% 107%
1960
JJf-S
113 %
113% 113'A
1950
A-0
4s„_j__1938
F-A
*105%
A-O
88
9
12
9 7'A
Q-A
(Chic)
•
89 %
69
1945
1955
5'As
84%
*1—
■
;
& Drain
27
89%
'
A-O
65
61
*22'A
„
51 'A
467b
M-N
1947
§AMarket
Wat
MS
1959
1941
(Stamped mod)- ext 5s
McCrory Stores deb 3'A
&
1953
6s
97
St
88 Vb
*34
:
s
60%
.
A-0
M-N
100
Shovel
92 VB
60
'
97%
1st gtd 3'As
Steam
60 3 b
96 VB
*92%
M-S
5
M-N
1952
72'A
70
!
2?"
A-O
1951
4sI—III
;77 69%
J-J
1980
&
Marion
J-J
gold
71
66
44
104% 104%
1946
Atl
101
RR—
trust
74%
73
6 6'A
237
60
60
100%
fgAManltowoc Green Bay & North-
Collateral
2
7'-
104%
1960
Div 2d gold
Louis
Manila RR
1
67%
71
11
7'-'
73%
73
66
F-A
.2003
C_;
D
A.Manila Elec RR & Lt
Illinois Ceiftral
73
__2003
series B
series
ref 3%s series E
South
129%
80
51
118
M-N
1957
A
1
87
118
1949
5s
101
104'A 104 %
Feb 1957
1st
132'A
74
89%
90
■
A—.1962
gold 5s
Manhattan
income
"S.
A-0
M-N
'
■
74
*70
M-S
Unif mtge 4s series B ext
Mob
"129
';
-
89'A
71 Vb
'
1
75
Nashville RR—
Unif mtge 3'As series A
St
J-J
gold 5s„_1937
1^/77
F-A
100
86
''u.'d
7,
90
—2003
Bridge Co gtd 4s
&
ref
&
1st &
'?
3
I'
A-O
A
98
96
-1961
^
90
*67
7.7
—1944
Long Island unified 4s„'
Guaranteed ref gold 4s„:
4s
stamped
94
97
,
7'
7'
73
•
—1951
104%
A-0
90
100
S- J-,1
;
91%
87
77-7/
._1950
—1949
1949
1949
Long Dock Co 3%s ext to
103%
99
///'
Miami
Little
94
—1951
debenture-———
5s
101
216
•
102'A
*57%
10974
S2%
83%
,
■
106'A 106%
1st
4'As debs
57
—
106-18
A-0
1944
cons
88
110
102%
56
94
92 \'A
•
109
5
9974 101
;•
mtge
91%
7'
J-J
14%
Hoe
Ry
90
M-S
117% 117%
137-b
1999
1st
97 Va
70%
14
Hocking Valley Ry 1st 4'As
Co
86%
94%
117%
Paducah & Mem Div 4s
(R)
75
1
A-O
97
H
tSAHousatonic
78
26
A-0
1st 50~yr 5s
1975
Gulf States Util 3'As series D
26
86 34
gtd——_1965
Libby McNeil & Libby 4s
——1955
Liggett & Myers Tobacco 7s__
1944
Term
2015
stpd
88
96%
8674
Ry ext 5s__1951
Val
& East
1950
f 4'As
s
109
92%
Island RR—
Gulf States Steel
Valley N
1950
mtge inc 5s Geries A
& Ship
gtd 5s
Harbor Term
Val
Feb
mtge 5s series C
AGen
Leh
45%
99%
.
41
103% 104%
J-J
93
Feb
Gulf Mobile & Ohio 4s series B
Gulf
34%
30
1097s 109%
1967
1st 5'As B
Nor
19
6
-I
J-J
B______
79
100
J-J
AGreen Bay & West deb ctfs A
98
'A
-
1946
3%s series I—;
ADebentures
100
1946
—-
1974
1974
1954
—
—2003
registered—-——_1_——2003
stamped modified—
.—2003
4%s registered
—1
—2003
5s sLamped modified—,
—2003
48
105 Va 106
*97%
■
1977
mtge 4s series G—
Gen
1964
ref sink fund 5s__1_
stamped
Lehigh
'
J-D
1973
General 4'As series E—
General
105'A
"
M-S
__1976
General 5s series C—
General 4'As series D—
84
63
85
4s
J-J
5 'As_
Castings
17
96%
F-A
4'As
1949
Steel
61
89%
52
-7
85
J-D
Gen
777 7-;
101
80
85
8674
F-A
Lehigh Valley RR—
4s stamped modified-
1949
Elec
&
83 VA
96%
—,—1964
5s
G
Gas
997b
14
85
A-0
-
stamped
5s
32
9
__1982
debs
Machinery Corp 3s
25
89%
60
-—__1944
ref sink fund 5s—
1st &
let &
M-N
deposit
Francisco Sugar coll
93
J-J
ref;sink fund 5s__—r—_1954
8tamped___J__^,^„__—-1—1954
&
5s
4
32%.
19%
*27
1st
85,
76'A
91
29'A
deposit-
(Proof of claim)_
ACertificates
Food
J-J
25
& Glover RR—
fFonda Johns
§A2-4s
M-N
1943
1st 4%s
85
<
1959
1974
fAF'la Central & Peninsular 5s
93
11
7788%
': *83%
%
61
J-J
1965
Lehigh & New Eng RR 4s A
*
JFlorida East Coast
85%
91
%
Dec
Lehigh & N Y 1st gtd gold 4s—1945
Firestone
88
J-D
fund 4%s series C„—1954
Cons sink
100 Va
99
mtge income
Lehigh Coal & Ngr ,s f 4'As A
61%
106%
M-N
'
68
90%
'
Lautaro Nitrate Co Ltd—-
series B
1st cons M 4s
N
:
91%
100% 101
F- A
—1947
to_—
registered--
3'As
77
Railroad Co—
Erie
90
77
RR—.
5s extended at 3'/o
100%
'
90
F-A
ref
Lake Sh & .Mich .Sou
80%
98%
*100%
A-O
Light extd 5s—_—,_1945
5'As series C_>—*—1953
ref 5'As series D_..
1960
Gas
Lake Erie & Wesferp
101'A
4
Laclede
—
L
89
9 Vb
«
'
89%
98
105%
105%
8
106'A
108'A
3
111%
113'A
t-Ia
9
17
.
84
6%
90 'A
9%
Volume
THE COMMERCIAL &
157\ Number 4167
NEW YORK
Stock
April
Last
Interest
Period
Exchange
Ended
Week
9
BONDS
Bonds
Friday's
or
Bid & Asked
Sale Price
Low
Range Since
Low
No.
High
New
'/January 1
Sold
Lans
1st
gold
Ref
&
&
Sag 3%s
3'/as—..
impt 4%s
1952
i
*
series C
1979
M-S
-
IJAMilw & Northern 1st ext 4'/aS._1939
-i
59
A-O
58%
J-D
J-J
1934
M-N
,1949
M-S
Q-F
JAMinn & St Louis 5s ctfs—
A
1st
ref
&
ARef
&
gold 4s___
ext
50-yr 5s series A—1962
St Paul &
tMinn
Sault Ste
5 A 1st cons 4s stamped
50
25
A
43 Vi
68
;
6%
85
2%
7%
5%
5%
4
2%
8
23%
22 Vi
22 'A
J-J
"J-J
23 Vi
22%
7'/4
5»/2s_
Alst & ref
1949
____
tAMiSsouri-Illinois
RR
-
5s——1959
1st
1st
71%
J-J
/•
55
55 Vi
lien
24%
adjust
ACum
5s
49%
J-J
51
A-O
35
'
North
16
1%
7%
?'■
13
64 Vi
72%
247
A. ■? 41%
Debenture 3%s_
100 ^
Central
Alst
59'A
145
33 %
53 %
316
19
37%
-
A
of
Certificates
AGeneral
of
Certificates
Alst
ref
&
deposit
:
—-
of
ACertificates
1978
Northern
4s
19
,113
11
,040
35%.
50%
35%
of
51%
36 Vi
52%
35%
50'A
10%
325
49%
10
48
12
&
48
48'/2
F-A
deposit
51%
;■'/ /
1966
Montreal
Morris
1960
5s
58%
112
93%
J-D
M-N
M-N
M
5s
series A—
1955
M
4'%s series B
1955
1963
.
51
106 Vi
89
6 %
48
50%
193
35'A
46
566
31%
46
109
& St L 4s series
Chatt
F-A
1978
A
.—I960
M-S
1949
M-S
3'/4S sinking fund debentures
National Steel 1st mtge 3s
1965
tANaUgatuck RR 1st gold 4s
1954
Alst
/
:
series
5s
B
Alst
5s
series
5lis
Alst
N
Central
Y
54
70
70%
„
91
<?;:
10
111
91
91
73
31%
107
106% 106%
89 V4
89
53
83
.
5 lis
series
84
Vi
Ref
4 Vis
series
C
1st
N
N
64
66
64%
59
66
69
1st
N
Edison
Y
1st
N
N
N
N
Y
lien
&
gold
3 Vis
Elec
1st
1st
63%
y
ref
&
Ret
60 Vi
927
62'4
62 Vi
66
470
Y
1st
M
61%
West
4s
series
Gtd
.
'
52%
67
'
67 VA
74'A
69%
53
65
;;; 35
C-.'.XjlA/;
v
*57%
59 Vi
•
50%
f
89
201
77 Vi
deb
76%
75 %
77%
762
64 VA
101%
101% 101 Vi
16
100'A
100 Vi 100'A
10
101% 102 Vi
109'A
18
116
100
99%
38
-
71%
70%
*91%
'
,
A Non-con v
deb
ANon-conv
deb
AConv
deb
§ A Collateral
ADebenture
111
F-A
111 %
*100
\
109 '
trust
111
68
70 Vi
44
55%
77
34
60
J-J
101 Vi
44%
45
42
42 VA
,1955
J-J
44%
44'A
46
_1956
M-N
44'A
44
46
3Vis— ,1956
J-J
42 VA
42'A
43Vi
J-J
49
49
52
,1940
A-O
65
65
66
M-N
14'%
14'%
15%
45'A
45'A
51
44
34-
•
31%
1st
1927— ,1967
,1^54
—
JAN Y Ont & West ref gold 4s_„ _1992
N Y &
4s
J-D
Putnam
1st
cons
N Y Queens El Lt &
41
111%
112%
32
110%
112
J-D
109%
109% 111'A
12
109
111%
N
Y
N Y
Rys prior lien 6s stamp
Steam
Corp
1938
48%
208
33
For footnotes
see
page
103%
104%
103
104 VA
97%
98
951/4
M-N
ctfs
109%
95'A
Eastern
cons 5s_1949
.
_
gpld 4s_:
141
32%
47
,..-••45
31%
44%
283
37%
52%
60
49'%
67%
200
8%
108'%
109%
4
ioy
110%
75
105
105
104%
102%
104
75
17
75
36%
49%
;
*—
J-D
118
105'%
5
14
105'% 105'%
;
F-A
108
108
F-A
104
•;
_1943
M-N
M-N
M-N
1970
109'A
A-O
108'A 108'%
106
8
106'A
25
98%
107'%
108%
104
100'A
Dodge
110%
108
110
95%
96
Bait
121 '/4
121'A 121%
16
119%
122
106
106
88
101%
107
J-D
21
108
11.3%
A-O
95VA
96'A
144
89%
A-O
102 VA
102'A 102%
53
96 Vi
102%
J-J
102%
102
103
72
95%
103
97
107
90%
1
111%
112 %
•
107
111% 112%
95'A
97
9 6'A
111% 111%
55'%
58
11%
12%
1st
4Vis
4%s
series
series
J-J
83
83
Electric
1st
&
92
J-J
76
76
76'A
17
72'%
72 Vi
73%
430
57%
73%
105% 106%
23
104%
106%
105%
M-N
F-A
*121
J-J
*114 Vi 115
1981
J-D
4%s__
1961
J-J
3%s
1967
D
ref
64%
*101 AS
1974
1977
101%
102'%
102% 102%
M-S
111'%
111% 111%
J-D
102'A
102'A 102'A
115
108%
71
96
111
102%
25
110%
112
5
102'%
103
A-;-
J-J
121
111
5
102'A
118%
—
10.9'% 110
--
76%
27%
30
12%
11%
14
1,0 (9
M-S
104%
37
20'A
213
M-S
36%
30
'
1949
*
Philip Morris Ltd deb 3s
1962
debentures
,1963
1st
f
s
4s
1937
of deposit
l%s debs—
Petrol
84
1943
;
C
AConv deb 6s__
ACertificates
72%
J-D
29'%
t§ A Philippine JRy
13 Vi
106%
M-S
Stamped
3s
84
58%
5%
106%
__
1952
gold 4s
series
tr
44%
106
97
112%
1956
deb
B
coll
Co
41
%
'
*106%
96%
1980
—
3Vis
Wash
&
96
F-A
J-D
—1981
■
gold
88 %
I960
ext—..
5s
42
1970
B
conv
100%
108 %
2
1965
gold 4Vis series C
series
100%
9
1968
4s
104% 104%
5
104% 104%
10
J-J
6
6
j-J
109
109
6
*3'A
i
1951
8%
31
5%
14
104
105'A
104%
104%
3'A
.
152
6%
4%
5 Va
104%
110%
105
110%
105%
Pittsburgh Cine Chi & St Louis—
>'
Series
D
Series E
Seriis
f
4s
guaranteed
guaranteed
gold——1953
guaranteed
/—1957
4s
Series H
cons
J
*
F-A
J-D
Series G
Series
*105
M-N
1949
4s
Series I
1945
3Vis gtd gold
F
cons
guaranteed 4s__—I960
4%s:
cons
—1963
t
guaranteed
4%s„ 1964
111
.
110
*112
F-A
*121
M-N
*121%
112
1970
J-D
110% 110 Vi
Gen
mtge 5s series B
1975
A-O
111
111
4V2s series C_
Steel
1st
.—1977
conv
mtge
4Vis A
Pitts Va
<fc
111,%
105%
106
1st mtge
106%
108%
1st
Pitts &
Char
W Va
1st
1st 4s
—
_1952
gtd
4 Vis series A
105
111%
100
105%
105'A
61
M-S
100%
100
100%
22
98%
99
8
98
99
98 Vi
4
J-D
M-N
1958
J-D
63
63
A-O
61%
61%
A-O
63 VA
63
4 Vis series B__—_—-1959
series C
——I960
mtge 4%s
3
104 Vi
J-D
Vi.
121
105%
104%
1950
1943
121
3
J-J
1950
4%s
mtge 4'/2s series B
114
119%
*111%
F-A
111%
112%
119%
M-N
111
111%
"111-
5s series A
Gen mtge
110
2
106'%
40
109'A 110
95%
1956
1st
106
105%
102%
'
102
108'%
103%
108'%
105 %
109 Vi 109'%
•'
Marquette 1st series A 5s
Pitts
J-J
117'%
104
13
109
*100
•
11%
Pitts Coke & Iron
J-J
91
101
'
103 % 104
/
55 Vi
6%
1958
75%
104%
106%
3
105% 106
*108
J-J
F-A
121%
57
117%
106% 107'%
A-O
Apr
96 V8
41 Vi
57%
105'A 105'%
A-O
6%
-
100%
16
103%
106%
■
_1974
90%
—
67
29
91
J-D
F-A
Apr 1990
73
2
2
104'% 104%
85
Ry 5%s
38
28
98
8
85
M-S
May 1 1948
:
B
4s
337
57
95%
105
104 Vi
M-N
,_1952
ctfs
A
Union
51/2
111%
98'%
25
110
*104
M-S
;„1944
4s
Pekin
11%
54'%
96%
110
A-O
1960
&
&
95%
*110
8
109% 109%
-•.
__
F-A
1955
-
series
Vi
5
.,lyo3
1344
1960
series. C
10%
M-N
.
4
2
—-
J-J
1948
95
5
95
104'4 104'A
J-D
1955
1st & ref mtge 2%s__
1971
f A Phila & Read C & I ref 5s—1973
46%
197
92%
__
104% 104%
■
A-O
1966
6s_,
cons
10'A
A-O
i_
*95%
J-J
,1966
3s B
E trust
95%
-1965
1st 3'/2s
1966
K
ext
.deb
M-N
J-D
-1993
gtd 4s
Pow 3Vis
100'%
111% 112
P L
M-S
-1955
;
109 %
Gen
——
4s_
110%
99 VA
111'A 112
A-O
Phila
44%
-X
109%
106%
111 %
General
45
31%
i-,
12
142
100'%
111%
gold 4%s_
Philadelphia
46%
68
;
-
109%
J-D
General
101 ft
-t.26
43'A
42%
109'%
J-D
smking fund 4%s_
Phillips
42%
2
J-D
General
77
t A Harlem River & Port Chester
AGeneral
109 % 109 'A
1961
5s
Phila
70 %
75
A-O
105%
107'A
1964
1st
3%s
mtge
Phelps
100
70%
*10132
104%
106'A
109 Vi 110
M-S
112%
100
76 Vi
M-S
Alst & ref 4Vis series of
123
104'%
1
1946
4Vis-series
Pere
117%
M-N
M-S
6s—
100
110 VA
110
102%
6
'
RR-
6s__
4s!
107 Vi 108'%
100'%
1st ,-8 f gold 4%a
series
A Income
110
116
.1943
1943
,
certificates
16
--
,1954
4s._
107 Vi
J-J
'4s sterl stpd. dollar
Peoria
109%
M-N
«,
J-J
debentures
Peoria
92%
.1973
1973
4s_____
ADebenture
J-D
8
105 Vi 105 Vi
71%
108
.
109%
107'%
107
1961
A
109%
106 % 106%
•••/":
■
1952
102%
65
86
3
2
11
1962
X
109 VA
——1947
101
101
40
'i
'
•
109'%
J-J
1984
101%
.1973
1973
—
109 Vi
'''!
Peoples Gas L & C ref 5s
77%
116
3%s_
103% 104 VA
mtge 4 Vis series E
Conv deb 3 Vis
89
,1948
ANon-conv
»-» O CO
J-J
Gen
58%
85%
109
3 Vis
108% 109
J-D
*109%
1946
ser
17%
106%
109'A
108%
•
1946
gold 3s loan
Debenture
64 %
88%
;■:>/
12
gold 5s
General 4 %s series D_,
57
48%
47%
;
•
X 74-X
64 Vi
15
28
gold 5s
General
68
68
66%
62 %
v
16%
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109
series G
4s
Pennsylvania RR
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78
109
4s—
deb
109 V A
"
84 Vi
2
*60
63
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4s
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66
110
,1947
deb
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14%
w" V'
•
J-D
1969
60'A
335
,1947
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.
14'%
>
;
100%
99%
47%
84 Vi
A-O
fN Y New Haven & Hartford
112'A
M-S
._1977
63%
51 %
/
,
6
x
111%
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J-J
._1960
66%
78
% 108%
5s
110%
M-N
1963
69%
47 vi
80
76%
108
4Vis series B„
NYLE&WDk& Impt
66%
109%
—
5s
Paterson & Passaic G & E
80 Vi
108%
A
55'%
14
60%
Pennsylvania Co—
59%
83
83
1st
Co
East
s
Parmelee
Erie—See Erie RR
Lack &
129
J-J
.■Paramount Pictures 4s debentures_1956
66
77 %
76%
M-N
66 3 i
M-N
3%s series C__
mtge
Gen
111
57 Vi
A-O
.1948
gold 5s_„1948
.1949
Purchase money gold 4s__
,—1949
.2000
Y & Harlem gold 3Vis
2000
64
109% 110 Vi
64
•109%
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mtge 3%s series H
Panhandle
X"
'.
307
100% 100%
61%
57 V4
71%
Y Gas El Lt H & POW'
66%
1946
cons
cons
General
102%
-
55%
1945
5s__—
gold 4s
con
Pacific Tel & Tel 3Vis series B
*104%:
A-O
.1966
1966
76
38
81
—
..1946-
i
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.
F-A
ref 3Vis series E
&
66'%
%
1966
3%s
64
52%
49
A-O
D
series
815
66
M-S
68
44%
.
84
.
A-O
—•
76
64
1965
62%
49 %
2
1965
4s
notes
72%
64
1943
68
,
-
51 VA
28
y
66 "Vi
64%
50
:
; 23
;
.1947
1947
Dock
73
J-J
1944
47-
M-S
.1965
—1965
Connecting RR 3Vis A
Y
50%
M-S
.i.1944
48'
...
11
.1951
—_—1951
Y
Conv 5%
186
J-J
_1964
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55%
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6
-
100%
J-D
60%
F-A
90
44'.i
63
62%
.67
F-A
.1947
1947
to
59 %
gold 4s__1938
108:
80%
•:
64
—
1950
3 Vis extended
mtge
debentures
6s
59 V'4
1972
&
SAPac RR of Mo
107 Vi
A-O
-
48 Vi
.
mtge 4s
1st
.1978
——1978
40%
J-D
91
41
15
67
66%
J-J
F-A
F-A
F-A
F-A
.1974
1974
A—______
10
J-D
& St Louis-
Ref
48 Vi
J-J
1st gtd gold 4s_1948
1st
York Chicago
New
47%
1970,
111
x
106%
,
55
61
J-J
——,1997
Lake Shore coll gold 3Vis
,1998
3Vis registered—
,1998
Mich Cent coll gold 3ViS—
—1998
3Vis registered
1998
50'A
47Vi
Parq mount Broadway Corp—
106%
15
116
54%
65
61
30
-
90
53
M-N
—1952
registered—.
69
42
1971
■
107%
10714
A-O
.——2013
1
185
1st & ref mtge 3%s series
124'
109 %
18
A-O
A-O
v
Hud River 3 %s____—1997
&
F-A
Transmission
Cons
—1998
impt 5s series C
Conv secured 3'/4s
3Vis
J-J
1967
512
50'A
1st & ref M 3s series
118%
;..
*122%
18
>
84
106%
J -J
1945
_
&
Y Cent
2047
Power Co—
85'%
Vi
81
1st & ref mtge 3s:series J
77
A-O
'—
117
4
83 Vi
F-A
10-year 3%s sec s f——
,1946
& impt 4Vis series A——,2013
N
2047
72%
85
49
,
82%
111
J -J
F-A
Ref
Ref
2047
50
81
V
82 Vi
41
59
4s series A
RR
1
J-J
50
50
.
83 %
49
1967
Coast
Newport & Cincinnati Bridge Co—
General gtd 4 Vis
Q-A
—2047
__i
84
—
119
82%
V"/;,v
..
:___2047
Gas &
97.
117
117%
.
48
f
Short Line
1st
104%
97
>
3
122% 123 %
A-O
—1954
103 VA
82%
63 Vi
deposit—
>'
81%
117
—
1956
series Aof
117
*53
———-1956
*106%
•
P
103%
81
81%
deposit
of
ACertificates
-'-1
117
deposit—
of
ACertificates
*93
A-O
;;
series D——
4'/2s
Alst
12
J-J
A-O
J-D
J-J
1954
:
C__„
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x
101'A
21
103 % 103 %
;
deposit——
of
ACertificates
105%
102% 103 Vi
49
127 VA
__
■.
Oregon-Wash RR & Nav 4s
'
J-J
J-J
J-D
M-N
F-A
A-O
1935
O Tex & Mex n-c inc 5s
ACertificates of deposit-
106%
103 %
J-D
England RR gtd 5s———1945
gtd 4s_._————.1945
New England Tel & Tel 5s A—
1952
1st gtd 4 Vis series B—
1961
N J Junction RR gtd 1st 4s;
1986
N J Pow & Light 1st 4'/2S—
1960
New Orleans Great Nor 5s A:
1983
N O & N E 1st ref & imp 4'/2s
1952
New Orl Pub Ser 1st 5s series A—1952
1st & ref 5s series B
1955
New Orleans Term 1st gtd 4s——1953
Consol
j § AN
105%
45
M-N
JANew
A
32/
A-O
—1948
Gas cons 5s
Newark Consol
102%
105% 106 Vi
-
103%
A-O
Q-F
/Otis Steel 1st mtge 4Vis
79
68%
130
105'%
103
A-O
112%
104% 105 Vi
106 Vi
J-D
1949
Dairy Prod 3'As debs
Distillers Prod 3%s„—
Nat
79
..78
103%
5
82
can-
Q-J
Gas
Pacific
78
10
73
110
111'A
A
124%
—1945
-
Q-J
1st
Guaranteed
50%
43
1V
1
14
*112
Teleg 4Vis ext
Pacific
Nash
"r
29%
104% 104%
104%
F-A
199
103% 103%
F-A
-
'
111% 111%
112'%
105
110%
47%
deposit
debentures,:.
Ore
51
48 Vi
*108% 112%
110%
102%
82
*116%
mtge 4s
Ontario
N
Nat
of
-Oregon RR & Nav
93%
"
37%
270
43'A
M-N
Fuel Gas 1st gtd 5s
Mutual
93%
48Vi
Vi
J-D
1947
48
113
103%
13
109
; 9
43
M-S
mtge 3%s
4s
112%
110
'.22
105% 106%
Constr
& T 3'As
112%;
ill'A
1
18
■'::•
126% 126%
1997
1st
■
A-O
,1951
,2000
ext
-
1997
1st
104'A
Oklahoma
•
17 VA
81
M-S
Connecting Ry 1st 4s
Ohio Edison
60
45
101%
2
8%
O
Ohio
70
60
111% 111%
Constr
Mountain States T
58
88
110%
1,303
17%
109'A
112 Vi
1974
mtge 3Vis_i.
Northwestern
96 Vi
91%
104 Vi 104 %
104'/a
O-A
1974
1st & ref mtge 3Vis_-;
1st
16
1
*29
43
& Id gold 3s—Jan 2047
States
85
51%
-'n
96 Vi
5s„
impt 5s series D__
(Wise)
F-A
52%
38
&
A-O
.
A-O
-
1965
gtd 3%s
1st
Essex
*95%
__
ref 3%s_,~_1966 •%•
&
Tramways
&
• -x-
—
Power 1st
.Ref
Northern
J-J
1954
impt 6s series B—
impt 5s series C
.V; ; (Minn)
8
50%
35 %
638
&
10%
110 Vi 110 %
1961
impt 4%s series A
&
19%
5
Vi
104% 105
1998
Pacific prior lien 4s
ry
41
16
88
*112
105
High
32
2
15
14%
A-O
Low
116
109% 109 %
15
M-N
guarantee)——,1945
f§ AOg & L Cham
B
Monongahela W Penn Pub Scrv—
1st mtge 4'%s_:
—
debentures
of
52%
36%
1
'
M-N
M-S
F-A
ref
registered-,
&
Ref
'
13
36'A
*
.
—
Monongahela Ry 3'/iS series
6s
-
264
-*»
Pacific Ry—
at 4% ——July 1938
Malone 1st gtd gold 4s„-1991
Montana
2 .x
—
7s extended
Moh'k
;
,108
;
51%
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23
•
iv
t§AMlssouri
3rd
3s
Ref
51%
48%
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M-S
registered
Ref
52%
48'/a
•'
20%
51%
48 Vi
M-N
A-O
1949
ACertificates
ACertificates
16%
48%
49%
ref
&
51 'A
Vi
deposit
gold 5s series H—1980
of deposit
,—
Alst & ref 5s series I_
1981
Alst
52%
16%
M-N
G
gold 5'/2S—
AConv
20
<■
48
M-S
M-S
deposit
series
5s
50%
35%
35%
140
48 Va
-1975
-1977
—
5s series F___
& ref
Alst
A
4s
51 Vi
50%
'
J-J
__..,1949
gold. 5s (stamped
ACertificates
/
.
48 Vi
48%
F-A
&
gen
88
109 'A
2014
guaranteed gold 5s
Alst mtge
Gen lien
19G5
1946
______
51 VA
35%
53
37%
59 !
143
51
51
40%
88
M-N
J-J
Gen & ref 4 Vis series A
tNorthern Ohio Ry—
318
15
1st gold 4s_1990
9%
"
JMissouri Pacific RR Co—
Alst & ref 5s series A—
Ry
deb 3 %s___
24%
34 'i
J-J
1978
A—Jan 1967
series
Western
25
58
F-A
1943
;
4%
100
19
A___1955
A
15%
49
56
1962
D
series
J-J
series
16'A
56
1962
series B
4%s
Hen
Prior
fi
North Amer Co
cellation
5s series A—
40-year 4s
4Vis
mtge
5
103
*99
J-J
J-D
-
•
1st 4s——1990
19 %
January 1
No.
Co—
70
72
F-A
Range Since
Sold
40%
__1967
AGen mtge 5s conv inc__
t§ANorfolk Southern RR 5s A
Missouri-Kansas-Texas RR—
Prior
Southern Ry
136
24*%
24 '/a
1
4Vi
M-S
-
—1978
5%s series B
Mo Kansas & Texas
Norfolk
5s
59%
7 Vi
__
series A_.
38%
deb 5%s_____1950
•5'/3
22%
J-J
A25-year
22%
16
915
J-J
1966
7'A
23 Vi
J-J
5s____.
6s
(Md)
Bonds
High
1940
5s__
Terminal
Norfolk
1938
Friday's
1937
Y
Niagara Share
Marie
_
gold
Niagara Falls Ppwer 3%s
Niag Lack & Ont Pow 1st
43%
6
6
or
Sale Price Bid & Asked
1937
1st gold 5s__
Telephone 3Vis series B
t§AN Y West & Bost 1st 4Vis
N
52
27%
9%
—1938
& ref
38
111
—1946
A 1st
A
76
22%
20 Vi
§Alst stamped 5s gtd as to int„1938
§ A 1st consol
§ AGeneral
♦41%
20 Vi
Week's Range
Last
Period
'■
60
65
77 Vi
49
40
1941
—1939
1st 3'/2S
108%
49 %
40
49
M-S
t5AMilw & State Line
71%
106%
•;<
20
60
*75%
J-D
t AMllw Spar & N W 1st gtd 4s„„1947
A5Consol ext 4'/2S
8
;
Interest
t § AN Y Susq & W 1st ref 5s
§A2d gold 4Vis
99%
57%
49
68 Vi
'/2
Friday
Exchange
April 9
Low
79'A
97
71%
107% 107 Vi
68
Stock
Ended
High
78
1
79'/»
*98 Vi 100
M-N
'•'% J-J
Michigan Consol Gas 4s
1963
15 A Midland of N J 1st ext 5s___„ 1940
79'/8
79'/«
M-S
1951
York
Week
Michigan Central—
Jack
1343
BOND RECORD
Week's Range
Friday
BONDS
York
New
FINANCIAL CHRONICLE
110%
95
100%
98%
98 Vi
100
99
Vi
*101
64
VA
53
55
64
63%
37
53%
63%
64
58
53%
64
THE COMMERCIAL &
1344
NEW YORK
BOND RECORD
•
BONDS
or
Low
5s series B__
.-1962
5s series C———_>_1974
1st 4%s series D
1977
Portland Gen Elec 1st 4Vis
.—1960
1st
,
1st 4s ser A—1948
Young & Ash
Pitts
gen
1st
gen
5s extended to
1950
M 3'As
mortgage 3%s__.
1st
1966
1977
1951
El
Potomac
1st
1st
Pwr
Pressed Steel Car deb
5s
1957
—1956
$ A Providence Securities 4s
j A Providence Terminal 4s
1st
1968
1972
2037
2037
1968
3'As—
Public Service El & Gas
ref mtge 3s
&
5s
1st
&
ref
mtge
1st
&
ref
mtge 8s
of Nor 111 3%s
Public Service
1948
deb 5s
Purity Bakeries s f
Bonds
Friday's
Bid & Asked
Sale Price
Period
April 9
Ended
Week
Last
Interest
Exchange
Slock
York
New
Sold
F-A
—
High
—
108 %
108'/2
—
—
118%
118%
No.
Gen
&
95%
137
90
95%
106'% 106%
10
106
106%
109% 109%
1
94
94
106%
J-J
—
F-A
•
„
—
99%
MS
99
15"
*93
.
7 "
109
•
94
M-N
J-J
•
J-D
130
220
bonds
Called
10418 106
J-J
,
Revere
Gas & Elec
82
67 '/a
81%
•
.
107% 107%
■
103%
5
65%
64%
65%
25
26%
108
62%
'c
66
28%
87%
318
21%
131
25
26
96%
96'/2
97
97
A-O
97%
-
V
■*
102'
96%
98
91
;Y. 10;
•'
*.102
J-D
100%' 102 "
4 • ;
117
M-3
*106%
1953
of Mo 3%s
—1971
Af-N
1945
A-0
11
11
10
1959
1967
F-A
104
104
3
J- J
103
103
11
108% 109
42
•'
106'/a
110%
•'j ,: "
deb A
117
105%
*116
J-J
1st gold 5s—1949
Tri-Cont Corp 5s conv
™
■
112%
U
t§AUnion Elec Ry (Chic)
Oil of Calif 3s deb
5s
Union
debentures
94%
95%
86'A
85%
87
134
78%
87
86%
85%
86%
108
78
86%
—1956
J-J
VV-. 104%
103% 104 VA
56
,
85
Y
M-N
'
— —
series A
mtge 3%s
Ref
103%
104
100%
102%
101%
104%
United
100
101'A
United Drug Co
30
M-N
104%
100'% 100'%
—
•
2
i'.''- ,'
Cigar-Whelan Stores 5s
(Del) 5s
J RR & Canal gen 4s
109%
100%
29
97'%
101
101 %
:
100
101%
24
97'%
101'A
107
,'l07
107 Vi
15
106%
107 }a.
106'%
107
98%
100% 101
*107
A-O
1955
1952
-1953
1944
United Biscuit 3%s debs
U N
*
J-D
'
102% 102%
104
M-N
V- 5
A 07%
A-O
105%
5
15
105'% 105'%
'
—
103
M-N
1970
-1971
—1980
34-year 3Vis deb
104
12
105
Y 100%
•
108%
J.J
1947
grant 4s
land
&
1st
104%
102'A
101'A
90
9%
103
Pacific RR—
Union
35-year 3%s deb
104
103
104
F-A
'112% 112%
95%
88%
94% V
1956
1960
82
67%
171
J-D
.
1st gold 4s__1946
& Buff
Union Electric Co
J-J
mcge
68
122
106
J-J
4Vis series C
Copper & Brass 3%s
Gen
140
81'/a
J-J
111%
104'%
■
A-0
Republic Steel Corp 4Vis series B—1961
Purchase money 1st M conv 5 Vis 1954
81'A
81'/a
80 Va
A-0
221
110%
3
.
109% 111
1997
-1997
deb 3%s
Remington Rand
M-S
Louis & West
St
3s
1951
80'A
80
80'A
;
'
R
Reading Co Jersey Cent coll 4s
Gen & ref 4%s series A
Gen & ref 4%s series B_„
High
110%
146'%
13
♦220
■
A-0
3
106%
145%
1A
110%
106%
■
——
~
*146'%
——
110'A
80 %
A-O
J-D
ref & impt 3%s__1960
1st 4s_—
.1950
Tol & Ohio Cent
Trenton
91
91
'm-m*
*106%
"•
L010
101%
No.
80%
A-O
■
1960
Jan 1960
AAdj income 5s
Toronto Ham
15
'
*109%
J-J
5%s A
1st ref 4s
Third Ave Ry
Tol
M-N
C_
5s series D
Tex Pac Mo Pac Ter
109%
95%
B
ref 5s series
ref
Range Since
January 1
Sold
High
«...
11
98'A
12%
J-J
108%
5s series
ref
&
Gen
Gen &
Bonds
Friday's
110
J-D
2000
1977
1979
1980
1964
1st gold 5s
Texas & Pacific
J-D
M-S
April !)
or
Sale Price Bid & Asked
Period
Low
J-D
J-J
Last
Interest
High
—
*118 V i
„
Low
*108%
J-D
Week Ended
January 1
Week's Range
Friday
.
Exchange
Stock
New York
Range Since
'
BONDS
Week's Range
Friday
Monday,' April 12, 1943
FINANCIAL CHRONICLE
' 101'%
101'%
M-3
':
—
98 Vi
97%
98
A-0
M-3
18
94%
86
102
98'%
102
♦101%
,
102 VA
102
•
1st gtd 5s_—1939
ARio Grande June
Gen
M-S
M-S
1949
1941
4s stpd
stamped
IS A Rutland RR 4 Vis
M-S
J-J
80
40
.*124%
•
»:'.Y
M-S
*111'%
•
66
81%
27
82
152
41%
'
92
58%
95
76%
40
1969
1934
3Vis series I
mtge 3'As series J
I Ark & Louis 1st 4Vis
mtge
AR
76%
A-O
1967
mtge 3%s series H___
Gen
J-J
1977
—1967
Roch Gas & El 4Vis series D
Gen
*92
.
1949
4s„1939
t§ARio Grande West 1st gold
A 1st cons & coll trust 4s A
iARut-Canadian
J-D
41%
124%
•
•
v
debentures
se rial
1.00s
V
.
May 1 1943
M-N
*99%
1.125s
Nov 1 1943
M-K
*99%
2.05s
124'/a
;
——
Corp¬
States Steel
United
May 1 1949
Nov 1 1949
M-N
101'% 101'%
101
M-N
*101'% 101%
101
''
'—-3
..
5
32%
104
22
12%
19
9
13'%
41
30 Va
Y 12
12'%
-.12%
J-J
108'A
108% 108'A
"
„
30%
M-S
'
2.10s
108%
,
10'A
Mayl 1950
M-N
*101'A
101'A
101'A
Nov 1 1950
M-N
*101'% 101%
101
101%
13%
2.35s
—May 1 1952
M-N
102
102
101%;
102
1 1952
1 1953
M-N
*101
102
101%
101%
M-N
*102
103
101'%
102
*101%
101%
102'%
*101%
2.15s
,
—
2.40s
Nov
2.45s
May
2.50s
M 4'As
1966
1947
1996
1996
J-J
J-J
St
&
Lawr
2d
St
1933
M-N
64%
85%
86'%
331
77%
86%
85%
85%
2
78%
1955
J-J
stpd
lien
59
60'A
36
44
93'A
26
91
1950
V
.
♦78%
'.
30%
30%
J-J
—
■r~
__
r-
32%
30
31%
65
18%
31%
32'%
35'A
533
20%
35'A
33%
34%
38
20
34%
32'A
32'A
34%
1,903
19%
34%
34'%
158
19%
34'/»
94'A
44
85%
94%
79
79'%
'28
67
Power
M-S
63'A
69
46'A
600
2 7'A
Nov 1989
J-J
79'%
1952
1990
St Paul & Duluth 1st cons gold 4s_1968
f ASt Paul E Gr Trk 1st 4 Vis
1947
t§ASt P & K C Sh L gtd 4Vis
1941
St Paul Union Depot 3%s B
.-1971
J-J
61
J-J
38%
J-D
86
J-J
13
F-A
27
■
Y
■:
i
inc bond ctls
1989
ref
&
AGen
gold 5s series A
: 38%
;
86
13
14
1
86
27
,
18
,
250
29
*102'% 103%
A-0
6%
29%
17
101'%
•
14
Cons
105'%
12
104
106
124% 124'%
3
123
124%
3
28
105
M-S
1989
M-N
1950
1950
Oct 1949
A-0
F-A
10 %
10'%
12%
45
4%
1959
A-0
23'%
23%
27'%
182
14%
27'A
23%
gold stamped
§ A4s
a Adjustment
5s
SARefunding 4s
of
ACertificates
A 1st
cons
23%
25%
72
13%
26
.
—
—
—
.
47
of
1945
A
deposit
M-S
1935
48
24%
47%
26
48%
39
97%
99%
98%
52*
97%
99
110'A
112
99% 100
•108%
F-A
—
•103%
♦111% 112
M-3
84 Vi
85
1st mtge 3%s—1972
2003
1958
F-A
♦106'a
—
92
92
83'%
83%
20
72 »A
83
108% 108%
18
108%
110
& Coke
5s
15
29 >/a
1
1st
Y
J-J
2Vis
Oil
Union
1935
2%s sinking fund debentures
t§ASilesian-Am Corp coll tr 7s
J-J
1961
1941
debs
F-A
1954
certificates-,
series B
6s
,
.1981
:~
Apr
48
J-J
13
.1991
Apr
39'A
39%
.1975
M-S
178
83'/a
93%
277
44
52
34
45
26%
31
gen
A Ref &
A Ref &
1976
27%
30
26%
27
♦29%
1978
A-O
5s series D
1980
A-O
gen
Walworth Co
1st mtge 4s
1955
Pict 6s debs
1948
M-S
Y
.2000
Q-M
•
—
.■
V.'
96
Y
'•
41
45
F-A
41%
41%
104
1 <Y
41'A
A-0
1950
F-A
Socony-Vacuum Oil 3s debs
J-J
gtd 5s
1964
1963
3%s
1962
A-0
J-J
107'/a
J-J
104
Y Y '•,'Y 11
Tei
&
.
•
105%
*103%
—
F-A
*104
J-D
1967
J-D
1963
M-S
1966
J-J
111%
4
1952
A-0
91
91
92%
246
J-J
98
98
99
1946
44
105'A
MS
64 Va
60%
65%
106
Colo
Southern
123 %
107'A
108%
105%
103 'A
104%
111 Va
4s
(Cent
4s
A
coll)
Pac
Aug 1949
registered
—
•:"Y-';
„YY
♦123%
108
1946
1st 4 Vis
Fran Term
San
1st 4s
J-D
9
9 2'A
MS
90%
90
101%
72%
88
1951
M-N
68
85
2361
J-J
2361
J-J
55
1954
J-D
1949
M-S
.1966
M-S
Pac RR
Southern
Devel
M-3
65 Vi
65 Vi
68%
255
54%
69
M-S
63 %
63%
66%
223
55
ref gtd 4s__
1st
64 Vi
M-N
506
53 %
64%
iW-N
60
60
63 '/a
504
52%
63%
J-J
97%
97 %
98%
249
93%
99
A-0
96%
96
96 Vi
45
87%
96%
61'%
61%
Devel
&
gen
6s
Devel
&
gen
303
70'/a
124
92
79
287
68%
95%
95%
96%
96
87%
99%
98'/a 100
Mem
Div
J-J
92%
92
J-J
97
96 %
78
A-0
A-0
1996
1951
gold 5s
A-0
1956
—
J-J
1956
6Vis
86
78
J-J
1994
4s series A
84
100'% 102
1955
1956
gen
1st
Louis Div
&
gold 4s
Bell
Southwestern
1st
1st
ref 3s
Southwestern
3Vis B
Tel
series
84
100%
^Spokane Internat
Stand Oil of Calif
1964
4s
112%
J-J
107 Vi
—1972
1st gold 4Vis—2013
2%s debs
—1966
Standard Oil N J deb 3s
2%
J-D
1968
C
Serv
Pub
1961
debenture
—1953
Studebaker Corp conv deb 6s__
750
36%
65'A
73
84
9 4'A
9 3'A
78
87%
94%
90%
113
101'A 101'A
60 %
176
56%
83
7
58 Va
55
86%
1955
1st
1960
4s.
104'/a
101'A
91
101%
43
60%
41%
J-J
J-J
56%
96%
Y;
—
46
84
92%
97'/a
109
89%
97'/a
;
1945
Apr
112% 112%
7
111%
112%
107 Vi 107'/a
4
106
84
89
104%
110%
88
90%
104'/a
*110% 111%
y
—
.
106%
103%
6
104
20%
1968
A-0
110%
J-J
107%
1943
J-J
—
1948
M-S
f 3%s series D—
-I960
*60
20%
62%
164
114%
115%
64%
47%
64
21%
—
47%
35
60%
14%
23
15%
~
—— _
10
5
21%
110 Va
111
107
108
20
110% 110%
107% 108
20
107%
107%
108
49
49
F-A
M-N
1936
_
*107 Vi 107%
m-n
'
'
104 Va 104'/a
60
60
*
100
92%
103%
109%
37
104
"
79
92
88'A
15
Y.
*102 Vis 102'A
102
136
♦110 %
•
88%
A-O
.1949
Winston-Salem S B
J-J
104
.Y
1971
St
65'A
7
66%
1950
Ry 1st cons gold 5s
&
v
58%
1947
South
2'A
10
1981
3%s
99%
36%
94
65
1946
i.„
secured
10-year
93'A
95
376
65%
93%
87
1969
Gold 4 Vis
60%
93%
85
1977
Gold 4 Vis
63'A
M-N
85%
85%
1968
(Oregon Lines) A
MS
1950
85
J-D
1949
Gold 4 Vis
112
84%
40
1960
6s
Y
120
111
110%
"
•
109%
106
"4
109 Va 109 %
*110%
107%
3
119%
108%
♦119% 129
109%
'
A-0
Pacific Co—
Power
95
--
1951
debentures
3s
Southern
45
104
106%
17
105% :106'A
F-A
1945
103'A
__
•;
88
103'/a
*104
96
104
104%
8
103% :104
Bell Tel
South
RR
103% 104
-
40
3
107'% 107'%
1947
South & Nor Ala
-
103
4
108'%
1979
debentures 4s
101%
123
1952
Co
31
9
95
1945
101
91
102 Va
15
92%
,,
25% ,28%
19
,
102'A 102%
41
F-A
.1943
-*■
94'A
94%
102%
.
W Wr
*27%
A-0
Warner Bros
1
*26 %
:
_:"••
28
28
F-A
5s series B
4%s series C
gen
Y:
29%
i 9%
%
330
■
{AWabash Ry ref & gen 5%s A_
100'/a
*100% 101'A
Skelly Oil 3s debentures
Simmons
17 Si
98%
93
49%
93 %
48
inc 4%s ser B
4s series A
30
23
99% 100
99%
85
107'A
•40%
92%
93'/a
.1971
mtge 4s inc series A
mtge
AGen
AGen mtge
1977
A
Shell
: 15%
84
92
W
47%
29%
79%
104'%
r:
Wabash RR Co—
26%
31
Y
108'%
M-3
1966
27%
14
45
883
•
83
A-O
—
Virginian Ry 3%s series A
92
J-J
Va & Southwest 1st gtd 5s.
cons
—
-1968
Iron Coal
Virginia Pub Serv
M-N
.1950
JASeaboard All Fla 6s A ctfsj.
180
1st gold 5s__1949
Elec & Pwr 3%s series B
13%
141
27%
26%
45
29'%
F-A
24%
23%
45%
26
■'
48
27%
190
47%
23%
M-S
— —.
1933
1st gtd 4s
44%
44%
A-0
deposit
series
6s
ACertificates
$ § A Atl & Birm
99%
98'A
M-S
Va
A Ref
gold 4s unstamped
98'%
98%
1957
f 4s series B—
s
Va
102%
tSeaboard Air Line Ry—
§ a 1st
93%
99
F-A
"
1952
Schenley Distillers 4s s 1 deb
Scioto V & N E 1st gtd 4s
21
A-0
series A—1955
Vandalia RR cons g 4s
1st
2d 4s
A-0
1944
3944
86
93 %
a
1st 5s
40%
86
93'A
—.
5 A 1st term & unifying 5s
& Light
65
40%
32%
M-N
tSt Louis-Southwestern Ry—
1st 4s bond certificates
ref 5s„
Lt & Trac 1st &
Utah
79'/a
61
•
32'%
stpd
1951
United Stockyards 4%s w w__
76
19
860
32%
32%
—
1978
•ACertificates of deposit
73
81
30
series A
M 4 Vis
A Cons
103'A
93%
92%
93 %
MS
deposit
of
192
102
61
— —
J-J
series B
5s
ACertificates
101%
102
—
'•
—1950
JASt L-San Fr pr lien 4s A
a Certificates
of deposit
—Nov
-
101%
85%
'
L Rocky Mt & P 5s
•103%
A
—
65'/a
*60'%
J-J
A Prior
55%
5
64%
—
*101
M-N
2.65s
Utah
JASt L Peor & N W 1st gtd 5s
1948
St L Pub Serv 1st mtge 5s
.—1959
St
M-N
2.60s
86
deposit
of
Certificates
1 1954
May 1 1955
102 %
107'/a
—
A-0
M-N
99
Mtn & Southern—
Iron
AgRiv & G Div 1st gold 4s
a
'
1
1 1953
May 1 1954
107
*106'%
85%
gold 6s
Louis
'
—
34
101'% 101%
101 %
A-0
Island 1st 4s
Adir 1st gold 5s
NOV
M-N
2.55s
Jos & Grand
99 7%
101%'
101%'
2.20s
Y
O
Saguenay Pwr Ltd 1st
99 7%
13 '/a
34
c
St
—
*103
51
12
41%
*18%
25
52
102%
103'/a
JAWor &
103%
J-D
104%
104% 105%
104%
106
J-J
105
105
105 %
21
104%
105%
104
106
57
101 '/2
106
»-
100
Youngstown Sheet & Tube—
100 i3
J-J
26
Conv deb 4s——
1st mtge s
M-N
102%
98
98
99
62
101%
93
102% 103'A
95%
103'A
99
"
Called
bonds
*100%
—1956
Swift & Co 2%s debs
104
M-N
1961
Superior Oil 3Vis debs
M-N
—
104'%
2
*103% 103%
~~
.
fY
103%
105%
102%
103%
•
a
Deferred
delivery
sale
included in the year's range.
Tenn
Coal Iron
& RR gen 5s
Terminal Assn St L 1st
Gen
refund
s
f
cons
1951
5s
gold 4s
-1944
1953
J.J
*121% 122%
F-A
*104% 105%
*
F-A
Texas
1959
A-0
105%
105% 105%
1965
Af-N
106
105% 106%
1943
J-J
3s
deb.
debentures
T«xas
&
N
O
com
gold 5s
*
J-J
92%
91'/a
*100152
92%
-
69
•
105%
110%
113
103%
10
103 Vi 104'A
121%
104%
111% 112%
J- J
Ret & impt mtge 3%s series B„ 1974
Texarkana & Ft Smith 5 Vis A
1950
Company .3s
120
"
104
not included in the year's
89
§Negotiability impaired by maturity.
pound unit of bonds.
92%
13
105'/a
105%
34
105%
101%
,
,
,-•< r.
tThe price represented is the
Accrued interest payable at the exchange rate of
-
dollar quotation per 200-
$4.8484.
tCompanies reported as being in bankruptcy, receivership, or reorganized under
or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current week.
A Bonds selling flat.
the Bankruptcy Act,
106%
100%
included in the year's range,
d Ex-Interest, e Odd-lot sale not
:n Under-the-rule sale not included in the year's range.
rCash sale
not
range.
Section 77 of
Volume
THE COMMERCIAL
Number 4167
157
& FINANCIAL
CHRONICLE
1345
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In
and
deferred
footnote
in
In the
following extensive list
a
the
week
in
furnish
we
a
YEARLY
complete record of the transactions
April 3, and ending the present Friday (April 9, 1943).
security, whether stock
every
AND
RECORD
delivery sales are disregarded in the week's range unless they are the only transactions of the week,
which they occur.
No account is taken of such sales in computing the range for the year.
or
and
when
selling outside the regular
weekly range
shown
are
the New York Curb Exchange for the week beginning
on
on Saturday,
It is compiled entirely from the daily reports of the Curb Exchange itself, and is intended to include
'C
bond, in which any dealings have occurred during the current year.
-
;
'
^
E8EEE
STOCKS
New
York
Week
Curb
Last
Aero
Wire
Co
B
20
19%
20
180
17
21%
21%
21%
10O
20'A
Air
Inc
Associates
3,700
4%
Jan
5%
8%
2,100
5%
Jan
8%
Apr
7%
71/2
7%
300
5
Jan
7% Mar
50c
common.
2%
2%
2
preferred
P
10
— —
Warrants
Electric
Great
Appliance
$6
&
Fisher Inc
Products
A
$3 conv pfd
''
7,900
2%
2%
81%
'
1,500
97
/>-
,y
97
Jan
1%
Jan
91'A
7%
Mar
3%
"4
Jan
27
.
300
24%
Feb
28% Mar
27%
300
24%
Jan
29
4
Apr
42 Ve
V'
■
6%
preferred
Goods
Aluminum
Industries
Mfg
6%
Ltd
Book
Box
106%
v.-'; 200
114
117%
1,600
106%
106% 106%
150
L- r, A
1
28
100
Co.
Co
1
common
~9%
114
100
Board
1,400
10%
6
1
128
%
class
Common
M1 Mi
$3
preferred
prior preferred
American
Central Mfg
Jan
112
Mar
Jan
15 %
10%
Apr
86
Jan
120
Mar
103!
Jan
108
Mar
7"/e
200
%
«lan
1
20%
Jan
33
46
48
26%
27%
7%
7%
y
y
4'A
Jan
6% Mar
Cities
class
Convertible
Class
Power
Am
American
Cyanamid
B
dep
1%
Feb
%
Feb
Jan
22
Feb
Brown
Jan
83%
Feb
$6
Jan
7%
Apr
Brown
500
16%
16%
17 %
10
10
10%
6%
13,200
class A
Class
Fork
5%
5%
"4 V'a
convertible
Corp
(E L)
Jan
31%
Apr,
Bruck
Jan
30%
Apr
Apr
Buffalo
Jan
39% Mar
38%
38%
40%
6,3o5
37%
Jan
40% Mar
%
28,100
%
Jan
lVa Mar
$1.60
Hard
American
Rubber Co
American
Laundry
American
Light & Trac
6%
Mfg
Co
107
104% 107
725
93 %
Jan
107
Apr
Butler
(PA)
3%
Jan
28%
Jan
33
Jan
225
18
500
13%
Jan
18
26%
650
20%
Jan
27% Mar
15%
17 Va
9.000
13
Jan
33
34%
400
%
Writing
Jan
%
Jan
Jan
26%
34%
,
.
Feb
Apr
80
Jan
Jan
20%
45
Paper
10%
11,400
5%
Jan
10"%
Apr
500
Canadian
2!A
Jan
4%
Apr
Class
A
Jan
Class
B
%
Apr
i
%
4%.
is
79%
80%
150
8%
9%
%
11%
16,600
"3% ;
9,800
60
%
24'/a
'57
3
3
3
;
3,300
300
1
Jan
80 %
2%
Jan
Apr
3% Mar
2%
Jan
5
2
Jan
3% Mar
X103
2%
Mar
Jan
Apr
5,400
1%
Jan
l'A
Jan
8%
Jan
10%
60
88 %
Apr
92
1
12%
Jan
13%
Associated
Breweries of Canada
Electric
American
dep
Atlanta
Birm
&
Coast
Atlanta Gas Light 6%
Atlantic
Atlantic
Atlas
Atlas
Line
Coast
Co
8% Mar
Catalin
Corp
Central
Jan
5% Mar
Central
Maine
New
Central
Ohio
36%
36%
6
1%
6%
(B F)
& Sons common
Ayrshire
Jan
6%
Apr
28 !4
Jan
200
4%
Jan
1%
9,300
38
Apr
6% Mar
3%
Patoka
class
~7%
5
A
Central
Charis
Corp
7 7c
preferred
Baldwin
Barium
Barlow
&
$1.20
Basic
Cherry-Burrell common
Chesebrough Mfg
4%
500
4%
Jan
16%
Jan
20%
Apr
Jan
71
Apr
Consolidated
.
,7%
Beau
Seelig
9% Mar
7% Mar
2nd
A
Beaunit
$1.50
Ties
Jan
5% Mar
$6
36% Mar
common
29%
Jan
3%
Jan
5% Mar
Clinchfield
%
Jan
2%
Apr
Club
12%
12%
12%
350
9%
Jan
12%
Apr
Colin
51/4
5 lA
5%
2,500
4
Jan
6
Mar
Colon
16
Jan
24
Apr
Colorado Fuel & Iron
~3%
Feb
"4%
Feb
Columbia
/
Coal
see
j
i——
10
500
12%
4%
jA'
10%
4 Va
135
13 J/4
41,100
4%
3,300
135
10
1349.
8%
Jan
&
%
10%
9
■.
_j.
Jan
13/4
Apr
Co
Plow
common—
8%
10 J/4
10
150
4,700
Jan
5
Feb
Jan
4%
Apr
1%
Jan
3% Mar
Feb
25% Mar
3Va
Jan
4'/a
Jan
3% Mar
I'/a Mar
ig Mar
/
6,400
4 %
100
2%
200
7%
H
72,500
23 %
1,000
y
6%
Jan
2%
Jan
22
6
.
Mai-
Apr
Mar
Apr
"13% Mar
23 Va
7%
Apr
Apr
42
175
38%
Jan
111
40
106%
Jan
111% Mar
Jan
105
Jan
13%
Feb
7'A
Apr
6%
Jan
8%
Apr
200
15%
Jan
2,300
2%
Jan
4%
6
Jan
8% Mar
114%
Jan
480
84%
Jan
500
7%
Jan
13%
7,600
7%
7%
100
8%
8'A
8%
700
1
19
19
19
3%
3%
4
8%
8%
8%
92
X92
93
9 %
9%
9
%
104% 104%;
100
%
9%
300
25
A
19
Apr
Apr
114'/a
Feb
Jan
93
Apr
9% Mar
106
103% Mar
Feb
U
7,800
ft
Jan
% Mar
10%
7,500
7%
Jan
10% Mar
5%
%
9
100
4%
Jan
6%
6%
100
4%
Jan
6%
10%
10%
10%
100
9%
Jan
11%
Feb
98%
98%
99%
300
80
Jan
99/2
Apr
70
70
64%
Jan
721/4 Mar
5%
Co__5
10
5
—25
5
4
Mar
7%
7
11%
•
Mar
43
~6%
50
~6%
6%
%
ft
500
11%
11%
13%
1,400
9%
7%
350
5%
1*6
6
Jan
Mar
7%
Jan
Apr
Apr
1/2 Mar
Mar
16,900
3%
Jan
3,250
51%
Jan
4%
Jan
7% Mar
Jan
68% Mar
76
Jan
86 % Mar
75
! 1:8
9
Jan
85%
13%
Apr
9% Mar
Fire
Patent
&
Southern
5
Mar
V
135
Apr
Conn
t
c
extended to
Gas
&
'45
Jan
42
Jan
Consolidated
A
Mar
%
Feb
Consol G E L P Bait
9% Mar
10%
Feb
6
Jan
10
3%
Jan
$3
Jan
Apr
4% Mar
.
1946
Coke Secur common
Jan
preferred
——
Biscuit
series B preferred—
preferred series C
Gas
900
10
48
'80
7%
16
7%
16
1,700
Utilities
50
-
Jan
7% Mar
Feb
6% Jan
Jan
17% Mar
13
ft
32%
%
2,100
%
100
5%
%
Jan
5%
Apr
32%
425
33
29
5%
6
Feb
Apr
34
Jan
Feb
12%
13%
4,200
10
10%
300
Apr
Jan
13%
7%
Jan
10.% Mar
2
12%
10
Mar
2'A Mar
8
%
2%
2%
Mar
3,700
1%
Jan
5%
5%
6%
1,500
3%
Feb
3%
3%
3%
11,400
1 Va
8
53%
53%
54
200
51%
42%
44%
740
24
3%
Jan
6,300
18%
—1
♦
10%
18 Va
10%
750
19
Va
A
300
11
1/64 Jan
14
Jan
J2
500
*
4
_•
59%
100
100
107%
59%
116
3%
7% Jan
3%
Jan
4%
800
2%
Jan
60%
2,900
56%
Jan
116
10
105% 107%
4
220
,
4,200
.
55%
44%
32
-
19%
Apr
Feb
Apr
Mar
Feb
% Mar
Jan
26%
Feb
6% Mar
.
Jan
42%
Mar
~3'4
Jan
25
1
—1
Feb
4%
5%
2
—1
Mar
6%
7%
Co_——_—— 1
common
4%%
4%
Consolidated
7%
68%:
warrants—
Service
Service
Compo Shoe Machinery—
Jan
78
6%
68%
•
25
preferred.100
5%
Water
Jan
74
*
warrants
Public
Community
1
4
*
Arms..
& Elec
Gas
■
6%
*
ordinary
1
Airlines
Community
3%
3,000
Co..
Rosenberger Inc
Development
35 !A
_J
1-
Feb
10% Mar
23
115%
•33
.
'
7%
21% Mar
1
;
page
10
Jan
1%
■
6,500
7'A
100
Corp
Utensil
Aluminum
Colt's
•
common
—
10
A
11%
•
Cleveland Tractor common
Colonial
l
Birdsboro Steel Fdy.& Mach Co-corn..*
Blauner's common '>
footnotes
Electric
100
_ioo
t
preferred
—
Cleveland
300
i
Berkey & Gay Furniture..—
Bickfords Inc
Inc
Mfg
Illuminating-
16,200
10
1%
23
1
Co
Lights
& Lambert
5%
20
Hedges common—.
Convertible
Neon
Commonwealth
common
preferred
Corp
Aircraft
Controller
Claude
2%
I_
_
Jan
Va
3
109
preferred
preferred B
preferred BB
5%
l
Us
3Va
23%
4 %
74
60c
2'A
*
Inc
500
'
—
3%
•
•
*
Cities Service P & L $7 preferred.—*
$6
preferred
*
City Auto Stamping
•
City & Suburban Homes
10
$6
2'A
•
Bejl Tel of Canada.'...
For
2%
tv
Mills Inc
&
Mar
12,700
*
300
%
■
•
3
8
Cockshutt
convertible
Bellanca
33%
Va
Apr
•
10
J
preferred
Aircraft
Benson
33
5%
5 % Mar
1
common
5
common
Inc
common
..v
Beech
33%
4 J/2
2%
Feb
3%
100
1
1
1st preferred
Brummell
24
Mfg—
convertible
(L)
Jan
Mining.
preferred
Cities Service
Clayton
4%
30
19%
Jan
2%
Apr
41
common
.
3% Mar
200
Steel
Refractories
Baumann
7%
Co
—,
Jan
920
J
Rubber
Stainless
common
Jan
2,300
Mar
1
Jan
V
-8
1,100
%
1
3%
24
200
Apr
Apr
5,900
...
Mi.-':
_
50c
Utilities
2%
8%
common
pfd
Light 7 7o
Co—
200
%
27
Apr
4%
4Va
...
Metal Weather Strip
Chamberlin
Clark
for
&
South West
3,800
22
Apr
"
1
4%
pfd—100
Proaucts
4%
71
22%
12% Mar
Feb
Mar
2%
4%
com
5%
Power
Steel
3%
20%
•
92
Jan
27
25
preferred.100
Chi Ids Co
//,/y
warants
York
Power
&
Elec
&
Power 7%
A'rcraft
Cessna
America
Gas
Chief
B
Purchase
of
Feb
7
Baldwin Locomotive—
15%
Jan
V'a
3%
50c
10
1
Apr
Jan
%
*
•
& Co
8%
5'A
Jan
9%
6,900
*
1% Mar
1
10%
2,450
1
1
18%
V
10
82
23,700
Va'
V;
12
'
41%
Feb
Jan
6
Jan
1%
2%
preferred—
Jan
%
Jan
77'
2,800
9%
15%
65
Babcock & Wilcox Co
27
23
800
20
Collieries
27
1
1,500
25
Tobacco
15%
92
A
8%
6
5
■'
Ltd—
17'A
com_„10
preferred
Axton-Fisher
Mar
111%
Jan
225
9%
25
Chicago Flexible Shaft Co
Chicago Rivet & Mach
17
•
Avery
75
Mar
6 V'a
8%
17
1
Machine
38
Feb
16% Mar
14%
;
3
8%
♦
Products
% Mar
1% Feb
3%
Jan
Alcohol—
4'A
5
Voting
Feb
Feb
69%
1%
Automatic
%
109
9,200
14%
100
Hudson
Apr
Central
1
Automatic
(A M)
5% Mar
Mar
1%
warrants..
Forge common.
Plywcod Corp
Castle
Jan
~6%
200
90%
11%
Products
Central
50
Drop
Casco
Jan
5
16%
102
4%
5'A
1% Mar
11%
common
5%
1
Jan
14%
Co common
4%
100
Co
Corp
(J W)
5,700
400
A
preferred
Carter
6%
pfd__100
Corp
Rayon
Atlas Corp
RR
preferred
$6
Carrier
10%
is
Apr
6,000
9%
common
700
"*"%
Apr
1%
16%
7
Co
13'A
•
Fisheries—
Coast
Apr
£1
reg
Associated Tel & Tel class A
Atlantic
3 % Mar
3% Mar
Industries—
rects
14%
91
pfd—100
Carolina Power & Light- $7
"5%
Associated Laundries of America
Feb
Jan
1%
90%
Ltd 6%%
class
Co
89
*
Associated
14
Jan
5%
Products
12%
1
1%
Feb
2%
3'A Mar
Jan
Mar
80
10
9%
voting
88%
5
10,300
14%
91
1%
12
Foundry Ltd—
Industries
Carnation
Feb
2%
3,000
Refining Co
900
12%
Class B
12
106
13,700
&
&
non
&
Jan
3%
Oil
Carman
Jan
3%
Art Metal Works common
2,000
1
voting
City
Jan
10 Va
Ashland
Capital
8%
2%
Corp
Jan
5
preferred
97%
9%
Equipment
7%
560
2%
Aro
3%
13%
2%
13
91
Assn
Industrial
Canadian
300
2%
2%
13
13%
Canadian Marconi
12
9%
preferred
50
91
Corp
participating preferred
-104%
n%
X104
•
non-voting
1%
1%
•
100
Feb
14
:_10
Power
Cement Co
Canada
Canadian Car
11%
Jan
•
A
Feb
Apr
Mar
3 '/a
~4%
14% Mar
1%
50c
20
:
Insurance
Feb
9%
2
pfd
Electric
Fire
50
4%:
15% Mar
—25c
certificates
Tungsten
Camden
bOO
10
Arkansas Power & Light $7 preferred.*
class
Cailite
4,600
•
common
Arkansas Natural Gas common
6%
California
U
9'A
64% Mar
11% Mar
Jan
*
Sugar Estate
24'/a
4%
Jan
10% Mar
44%
11%
14
14
—
common
trust
56%
•
•
5
preferred
Angostura-Wupperman
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4'/a %
Common
Voting
Caiamba
23%
2
1% Mar
12% Jan
12%o
Corp
Cable Electric Products common
56%
10
Fence—
Post
Jan
Apr
•
common
5%
American
%
26
17 Va
Feb
80
34 Va
25%
200
200
25
*
Corp Am dep
*
j.
Chemical
preferred
preferred
Thread
Apr
16%
400
V-?
y
Mar
25%
26%
Mar
5% Mar
Apr
41
16%
26%
Mar
78
36% Mar
25%
1
$6 series
American
Anchor
Biscuit
Superpower Corp common..*
$6
1st
Co
&
Seal-Kap
American
Rurrv
100
Republics
American
Burma
Apr
100
Potash
American
Apr
25
25
common
Meter Co
American
16%
Jan
25
Maracaibo
American
Jan
19'A
36%
11%
2.50
preferred
rets
12
12,100
20
common
Preferred
American
$3
16%
25
Mach
preferred
American
Inc
25
35%
63
11 y
5
Jan
Jan
ft Feb
*
Sullivan
&
24
35%
Jan
2%
900
—*
preferred
Hill
15 Ve
i
1 Va
62
5
preferred
1st
Bunker
24
5%
1,800
East Power—
Niagara &
15%
700
62
4--
1
Buckeye Pipe Line new..—*
5%
2
-
31
;
15%
preferred
convertible preferred
$2.50
common
15%
$5
Apr
Mar
7% Mar
16% Mar
Silk Mills Ltd.
Co
850
5'A
11
Jan
61
1
1
950
5%
Jan
Jan
common
3%
common—10c
17%
7%
3%
1,700
*
Rubber Co
100
General
American
Jan
„
"4% ~5
~4% "4%.;
1
30%
1,750
11%
2,300
'
~4%
•
31%
•
4,200
14%
Forman Distillers..
10
common
Electric
preferred
4% %
$2
Hoe
St
&
Apr
Mar
*
:
1%
37%
8%
2
Jan
Jan
common
preferred
29
10
Feb
30 %
preferred
Burco
Gas
A
30
10
%
%
10a
2%
3%
Feb
7% Mar
/a Jan
12% Jan
1,300
£1
dep rets ord reg
29 Va
Jan
28
Jan
/
:
30
A
52
Jan
6
£1
reg..;
1
non-voting
American
ord
rets
Brown Fence & Wire
Jan
Jan
28,600
Feb
Apr
23
Celanese Ltd—
25
Foreign Power warrants——
American
—
'
25
1
.
American
Co
Bruce
A
Apr
•
dep rects ord bearer
Am
British
'A
Light—
A
Class B
Class
&
3%
46
1%
•
Tobacco—
%
5%
Feb
20
"7%
—100
common
Oil
1,200
300
Co
A
American
1,000
7%
Apr
3%
200
1 Va
"7
—•
American
12'/3
7-
Feb
11%
200
V;:
1%
•
British
82
7
45
Jan
100
"7%
•
British
'
Mar
500
%
Apr
Jan
6
•
._
class A
Mfg
Class
Feb
350
1
3%
27
—
1
preferred
Brillo
Apr
Jan
6%
%
*
♦
1
$5.50
American
1
—.10c
B
2%
38%
1,600
:
1
B
Amer
American Capital class A common_.10e
High
16% Mar
Jan
liv Jan
150
46
—100
Corp
Class
Apr
30%
28
61/2
Jan
6
13%
•
common
American Beverage common...
American
111%
111
IjwK'f
♦
common...
preferred..
American
105%
,
*
■
Aluminium
1,450
123% 128
111%
100
Aluminum
5$;
124
•
common
3%
-
■■
Co
11%
•
i.
Aeronautical
Preferred
Mar
Brill
Aluminum
43
100
Lgt & Pwr
common
Bridgeport Gas Light Co
Bridgeport Machine
100
28%
4
Corp
Apr
"4
'
14,200
*
Brewster
27
•
10%
5,900
2%
10%
•
11
•
c—1
Feb
27%
10
25
common
4%
Low
16
'
•
_•
•
preferred
Brazilian Traction
98% Mar
Jan
Range Since January 1
High
2%
25
common
Shares
Apr
Breeze
—
14 Va
2%
100
;
1st preferred
2d
$5
Apr
106 %
1st preferred
Bowman-Biltmore
14%
•
common
Scrymser Co
Bourjois Inc
L
Apr
83
Jan
10
A
Co
Low
1
common
Borne
Apr
•y:
3
Jan
72
102
7%
Mar
2/2 Mar
33%
1/64 Mar
20
«
3
Jan
27%
50
83
106 % 106 »/2
:
*
(Mich)
conv
—
; -
•
Intl Investing
Class
■
•j*:
>
(H C)
for Week
of Prices
1
common
optional convertible preferred
iS) it Co
Bohack
Sales
Range
Last
Sale Price
Blumeutnai
1
common—
Allied
■
•
•
Investment
Allied
2%
50
__
preferred!
$7
preferred
Alles
Alliance
100
Feb
1%
500
3^1
__3
Southern..
1%
6,500
2%
33%
,
Air-Way
3
2%
33%
■
(E W)
Ridge Corp
$3
Jan
8%
1
Corp
51/8
8%
Investors
Alabama
Blue
5
Convertible
Alabama Power Co
Apr
1
(N J)
Accessories
Aircraft
Air
Apr
5
-
Week's
Friday
Exchange
April 0
Par
Bliss
21%
Feb
Ainsworth Mfg common
Curb
Ended
High
20
Feb
—1
Supply Mfg class A
Class
Low
Hiah
Low
-10
common
York
Week
Range Since January 1
Shares
of Prices
Par
Acme
STOCKS
New
for Week
Range
ale Price
April 1)
Sales
Week's
Friday
Exchange
Ended
11
271/4
Mar
Jan
41/2 Mar
62
Mar
111
Jan'
118
Mar
103%
Jan
109
Mar
2
Jan
4% Mar
Monday, April 12, 1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1346
NEW YORK CURB
EXCHANGE
Retail Stores
preferred
Royalty Oil
Consolidated Steel Corp..——
Consolidated
ti%
Consolidated
Electric Co—
preferred
Continental Roll & Steel
Cook Paint & Varnish Co
C
&
.
'a
ilr
4%
Jan
7%
Apr
32
Jan
■is
Apr
%
Jan
100
16
16
16
17% Mar
Crown
Crown
Drug Co common
_.
convertible preferred
Crystal Oil Relining common
$6
preferred
"fi
Cuban
Atlantic
Tobacco
common
Curtis
Lighting
common
(Mo)
3,700
37a
Jan
%
Feb
%
2%
200
1%
Jan
3
3%
3%
400
2%
Jan
7%
7%
200
6% Mar
1%
IV2
1,700
1
%
100
1%
Co
7 %
——
Northern
Paper
15 %
Apr
Greenfield Tap & Die—
2%
Mar
6
Feb
8%
15 %
30,000
11
Feb
Feb
Gulf
States
_
Jan
89%
Jan
90%
Apr
4%
Jan
8
Mar
Jan
49%
Apr
400
~6
100
35
Feb
12%
Jan
975
26%
Jan
1,900
5%
Jan
9
Jan
108
35%
.
7%
V
7%
9
.
30
99
99
96
32
A
6,500
~1V8
2%
2,300
.
Utilities $5.50
pfd
Mar
17
35% Mar
Apr
Mar
i\ Feb
Jan.
ja
'
2%
.
1%
2%
Jan
Apr
Mar
Feb
30
22%
i
Jan
26 %
Apr
Apr
27
5%
5V8
300
3%
Jan
5T8
5
,
5%
1,200
3%
Jan
5% Mar
so' '
V
72
'•■77%
130.
129
130
9
9%
80
67% Mar
1,075
Apr
134
Feb
1,075
27%
Jan
36
Mar
3,400
5%
Jan
10
Apr
127% Mar
125
V
34%
32 Vb
32 Va
%
1%
3%
3%
Apr
Jan
45%
Apr
Jan
106%
Mar
110
200
45%
Jan
107%
3%
42%
37%
102%
3%
42%
9,900
•
•
preferred
Gypsum Lime & Alabastine—
$6
6% Mar
4%
11,600
16%
15%
15%
25
•
Oil Corp
Gulf
Mar
10
Mar
Apr
104%
7%
6
35%
,
common—25c
Products
Stores
Grocery
36%
Jan
90%
6
Apr
Jan
7%
.
Apr
5%
31
45
•
100
25
•
stock
Jan
100
10
Pacific Tea—
&
common
preferred-^
1st
Jan
50
90%
7
_1
5
—
%
106% Mar
450
10
Varnish
Great
400
9
36%
Apr
72
3%
100
.
_*
common
Non-voting
Jan
102% 104
104
*
Apr
8%
1%
Mines
-
_
Atlantic
Great
% Mar
Jan
Mfg
Gray
Feb
14
14
Mfg
Grand Rapids
Mar
7
"7%
Co
class A_
preferred
$3
Jan
24
Jan
36%
A
■
,1%
Jan
52%
103
"5%
Mar
7%
Jan
Mfg
%
870
A:
~5VB
•
1
50
—
,
Consolidated
Gorham
19%
A
.
Inc
Gornam
4% Mar
l%
3,600
72
69%
,:A~V:S
•
•
•
„_—_
class
preferred
Goodman
Jan
2%
5
—•
2.50
5
Sugar
Cuban
10 %
"3%
5
•
25c
25
•
10
"l%
1 %
1 %
70
•
*
*
*
B
Class
Goldfield
Mar
7
24% Mai-
Jan
Jan
%
—*
(Md)
Cork International A
•
lO'A
l'rf
•
1
'
Jan
Jan
58
;
Coal
Feb
Apr
72%
Jan
—
Sugars
Godchaux
15%
10%
Jan
30
Co_„
Alden
Glen
1,400
23
10%
61
500
"
Feb
Mar
12,200
21
10'A
140
58
common-
Preferred
$7
21
(A C)
Gilchrist
2% Mar
13%
..
ly*
preferred
$5
Gilbert
Apr
Jan
12
800
1%
1%
Apr
88
Jan
79
-..■v.. 60
86
84
1%
200
1V4
1%
l'/4
a''
1
Itic
41
6,600
r>
'
*
Petrol
Curtis Mfg Co
15% Mar
Jan
~
5%
Milner & Co—
Cent
Crown
Jan
37%
9,350
7%
6%
%
6%
—5
.
Co
Brewing
Croft
8%
600
14%
41
(ord reg)__£l
Petroleum-
Crowley
3,800
12%
13%
*
1
50
Liquidating Co—
W
10%
550
5c
1
Reynolds
$6 preferred A
Cosden Petroleum common
5 Vt
convertible preferred
Creole
Jan
10%
*
*
prior preference
Courtaulds Ltd—
American dep receipts
9
10V4
40
Copper Range Co__
Cornucopia Gold Mines—
Corroon
15% Mar
3,300
71
56
*
pfd A„100
Gen Water Gas & Electric common—I
$3
preferred
*
Georgia Power $6 preferred
*
Feb
87
Jan
220
14%
69
preferred
General Tire & Rubber 6%
Jan
86%
13 %
70
57
convertible
$6
9%
76
85
13%
Cooper-Bessemer common
General
Mar
9
Service
Rayon Co A stock
Shareholdings Corp com
General
Jan
85
100
1
*
prior
$3
Jan
2,300
8%
8
8%
Jan
1% Mar
1 %
5%
—100
Public
pfd
Outdoor Adv 6%
General
107
500
1%
1%
Jau
107
■L'm*
w-
High
Low
$6 preferred—•
General
Apr
5%
Jan
3%
Mar
41
Jan
31
1,300
..
■
■
Continental Gas &
7%
5%
4%
5
475
41
40%
40%
5
1
—100
10
*
1
Range Since January
Shares
High
Low
V,.;.
Par
High
Low
Sales
for Week
Range
of Prices
Sale Price
Ended April 0
Week
1
Range Since January
Shares
High
LOW
Par
Smelt Ltd
Consolidated Mining &
for Week
Range
of Prices
Sale Price
April J)
Ended
Week
Last
Exchange
Curb
York
New
Exchange
Curb
York
New
Week's
Friday
Last
STOCKS
Sales
Week's
Friday
STOCKS
Fob
Mar
4% Mar
4% Mar
D
Petroleum
Darby
*
Hosiery Mills
Davenport
Class
32
*
Co
200
400
29
30
■
—
■
1,600
5%.
33i
Jan
5% Mar
5%
Jan
9%
9%
21%
Jan
8%
.
Jan
300
<
26%
26%
26%
56%
Jan
67
24
Jan
27% Mar
Jan
Mar
'
*
66
;
?V
■
■
Feb
73
3%
'
„1
'•
3%
100
2%
J an
1
600
1 VB
Jan
1
8
Jan
Va
1,100
11%.
11 %
•
Mar
4
1%
•
common.
Hammermill
Hartford
.
Hat Corp
of America B non-cot com
Hazeltine
Hearn
Dept Stores
Hecla
VB Mar
11%
Apr
■
•
•
common...
6'
preferred
<■
58
58
31
34
24
24
.
•
v
»
Easy
$6
preferred..
preferred
10%
Jan
19%
10%
Jan
19%
350
31%
Jan
42
:
Henry Holt & Co participating
Hewitt Rubber common
4%
1,800
2%
Jan
Co
Co
Ci
60%
60%
,
18%
Power participating
Derrick & Equipment
stock.
Jan
61
Jan
Jan
65% Apr
21% Mar
Jan
% Mar
21
%
%
.15
/
8
L
..
•'-.C-1
v. v
-
32
50
V
Apr
8
Jan
94%
31% Mar
Mar
6%
■
Feb
Feb
29
"
v.*
■
Apr
29%
Jan
88
'
•
■
ww
7%
Jan
4%
50
5%
Feb
5%
26
24,900
•
92
92
.
700
28%.
6%
U-V.
500
'•
III5
7
1,050
7%
28%
7%
•
43%
11.600
a4
7
—;
-■
■
7
•
Empire
Emsco
Jan
42
65 %
18 'A
National Watch Co
4
Emerson Electric Mfg.i..
.100
Empire District Electric 6% pfd—
9
Jan
.11
Mar
100
6
Jan
9
Mar
8%
;
L
Jan
7 Va
Jan
11
100
11%
Jan
15% Mar
3,500
21%
Apr
24
25,300
■h
Apr
500
15%
Jan
22
Apr
10%
6,300
6%
Jan
10%
Apr
19%
250
17
Feb
20
Jan
29%
Jan
34
Mar
■
iV
:>u
,
22
9'A
9%
19
19
■
"v-L-
iii
6
Inc
Corp
Fibre
,
Apr
Apr
Apr
I1-;
preferred..
~"l
'i.
113
Jan
20
Apr
8,800
60
Jan
78
Apr
2,000
»-
"•
.
1 I
12%
*
5%
3
Jan
--iu
.V.
•'
i
,•
vi, ^
% Mar
Jan
10
8
15
Jau
Apr
1
Jan
1%
Feb
3%
Jan
5%
Apr
'
Hydro-Electric Securities——
~~5
Hygrade Food Products
5% Mar
—»
750
15
'
**•.
,
700
%
ta
14
1
...
>.:'v
Apr
Apr
78
''}
:
27%
Jan
100
4%
Mar
105
14%
109
10
20
76
•
——
Feb
■
Jan
a3%
Jan
Mar
23 %
•
.
103
4%
5
—...
Co..
Ligonier
1st
..
800
20
"•>
76%
Refining
Huyler's common
for
;-'
27%
26%
•
c
;
«
109
Oil
Hussmann
7..
w.
'
-
a3 %
103 %
1
Baking Co
preferred
&
100
31%
31%
"
common
(Harvey)
26% Mar
V
22 "a
50
11
5%;
4,300
2%
5,300
1
Jan
2,300
25
Jan
7%
7,700
3
Jan
14% -16%
2,500
9%
Jan
-V5
4%
5'
34 K.
34-
35
Am
r_'
»
.
Chemical Industries—
dep rets regis.
5% Mar
£1
preferred.
4,700
Jan
12%
12%
200
9%
Jan
12%
Apr
10%
200
9%
Jan
10%
Apr
20 ■'
Apr
10%
i
1%
Apr
Industrial Finance v t c common
24
f,
Apr
16%
Jan
Jan
23%
20
Feb
24% Mar
25'%
80
20%
Jan
25%
1%
500
%
Jan
1% Mar
100
22%
10
01
1,100
22 %
24%
1%
J
100
«
70
20
102% 104
100
—
Apr
G% Mar
12%
20
-Indianapolis P & L 5%% preferred.100
Indiana Service 67* preferred
.100
7 '<0
Apr
7% Mar
16%
12%
£1
—a
——
3% Mar
35
,
•11%
11%
Imperial Oil (Can) coupon.*—
Registered.
—*
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain &
Ireland
%
6
.6%
14%
Mar
9
Jan
2%
2%
•
50
Power -'lo.
Iowa
Imperial
2
2,400
*
Elgin
100
10%
■
Apr
Mar
13
Mar
61
7
Mar
14%
Hardart.—
&
t
9
23
•
V
Jan
.
«
& Co common
At
(Geo
tA
Horn
6%
21%
•
common
& Hardart
Horn
Apr
100
8%
14%
»
Ilormel
7%
Inc
Horder's
Horn
Jan
21
Consolidated G M
Hollinger
Holophane
Jan
30 %
4%
31
50
21%
5
Apr
Jan
17,200
32
•
convertible preierred—
Div arrear certificates———Illinois Zinc Co———i
i_—
Apr
211,800
53A
4%
-".
3%
30% Mar
'
common.—
Apr
4%
13
■
_
57%
A-
Jan
14%
V
& Co class A
Illinois
5
1
Jan
A-/.
!•
(R)
Mar
Jan
1%
11
A
Rights
Hoe
5
3%
19%
(V/A'i;
--
.2.50
Heyden Chemical new
Mar
300
300
8%
*
2
1,100
8%
■
"
Preferred
1%
Jan
3'A
10%
*
2
common.._
Jan
7%
Apr
•
Corp..
1
VV
Feb
A
Va
:
v
Feb
40 %
58
2d pfd A._
100
Feb
100
550
C
warrants
Option
Electrographic
Feb
18 %
•
...
Power & Light
Electric
4%
5
Bond & Share common....
Electric
•Vb
18
•
Grocery Stores
Economy
$5
Machine B
Washing
Jan
%
4%
17%
1
t c
Apr
25%
Jan
Apr
Mar
38%
•
$6
preferred
34
17%
$7
$5
%
59%
Jun
1714
•
preferred series A.
preferred series B
Eastern Sugar Associates—
Jan
20
75
Apr
2% Mar
19%
100
Va
Corp.
States
Eastern
Jan
42
2,950
24%
10%
Jail
n-
v.
400
59%
31'A
25
7%
5,400
4,000
loo
Iron
Malleable
Eastern
9%
2
.100
prior preferred
4 V2V0
10%
2 %
9%
2
•
Apr
_____
Co
Hummel-Ross
—10
49
6 VB
8%
Rubenstein
A_
Class
Heller
•
Picher Lead
Fuel Assoc common—
Feb
Jan
40
100
5
3
32
7%
•
Helena
V
50
25c
_
Humble
Gas &
20
42
:■
30%
30%
v,
1";
preferred
convertible
Mining Co
6%
Hubbell
East
Feb
l3-'i
5
5
1
Coi'p__——_.i—
5%.
Eagle
17%
1
J
Av'r 1 v
VvV 1%
Feb
6%
Jan
400
49
1%
1
Co
0.^
4 'A
20
1
trust ctfs.
voting
Rayon
Brewing
Harvard
49
Light
Electric
Hartford
19 %
Vv 48%
—10
Paper..
>
;
1,000
5%
5%
5%
Co
Lamp
Feb
Jan
7%
550
66
65
Sulphur
Texas
Apr
300
83a
8%
8%
65%
10
_
Test Corp common
Duval
10% Mar
21%
'
Duro
30% Mar
200
5%
9%
•
class B
Hosiery
4 % Mai18% Mar
Jan
—
5 %
25
_
Duke Power Co
Durham
Jan
%
1% Mar
29% Mar
■
.
1
Co
Jan
1034 Mar
'
—
Corp
Driver Harris
Apr
■
common
Steel
19%
Mar
2
»
Draper
Apr
14%
30
—
>
*
Dominion Bridge Co
Dominion
13
Vv:
3,400
Ltd
& Coal B
Jan
18
1%
1
common
Mar
300
3%
10
Truck
71
19%
1%
Apr
Jan
Jan
X3%
3%
Hall
i",v
■VY.V
O
;''v
•••
V-■
v.,AV"'::"'A• ^
■
2%
1%
62%
3.900
2%
100
3%
Apr
5
Feb
110
60
110
17%
...
.
_
_
..
Dobeckmun
111
Mar
13
common
Divco-Twin
Mar
17
common
Shoe
Apr
57
19
—
1
common-
Stove
preferred.
7'
3
Jan
—10
Co
Products
Diamond
Jan
—"
1
Iron Foundry
Mich
Steel
1%
50
125
—10
Gray
Detroit
De Vilbiss Co
1,400
13
20
Detroit
Detroit
Jan
2
1
& Mfg
Gasket
Jan
3%
'
•
tr>~
preferred.-
6'
24%
52'A
110
T
■
2
com...
Apr
32%
230
800
3
3
50%
50%
Apr
15% Mar
5
4%
Derby Oil & Refining Corp
A convertible preferred
Detroit
32%
3
■
—5
debenture
8%
15 %
__
Mfg class A common
Dennison
18
Jan
Jan
8%
1,350
14%
%
Apt-
Jan
11%
100
-
32
15
15
15
2,100
15
18
35
convertible
A
13%
18
.___1
Rubber Mfg
Dayton
14%
18
.5
common
.
Apr
104
Apr
Esquire
Inc.
Eureka
31
3%
4
1
...
Inc
50
•
•
22%
Jan
31
Apr
2%
Jan
4
Apr
25%
Jan
30
Mar
15%
Apr
;
•'
■'*,«.
.■
'
1
common
•
'
Jan
775
iV.v 3,000
,■]
'
Line common
Pipe
Eversharp
29 %
3%
1V
50,400
1%
1 %
29%
1
'2,000
15%
13%
15%
-
Jan
7
250
15%
Jan
24% Mar
75
76%
1,400
69%
Feb
76% Mai¬
13%
14%
1,200
12% Jan
50
6%
6%
7%
4,400
2%
2%
2%
1,100
1%
Jan
3
Apr
Industries Inc..
.1
Metal Industries A
•
International Petroleum coupon shs._♦
$3
%
1
10c
Corp common..
convertible preferred
Equity
8%
Jan
8%
Jan
5,400
13%
Jan
17%
Apr
14
Jan
17 %
Apr
preferred——
Co of North America
International Cigar Machine
International Hydro Electric— >
7 "!o
$3.50
Preferred
23
75%
10
•
Insurance
:
series
International
23%
•
International
9%
Engine
Fairchild
_.l
Airplane
&
Fire
Mfg Co..:
(Phila)
Ford
Motor
Am
Ford
& Light
9,300
1 %
Jan
1,200
•
85%
85%
of Canada—
Motor
Class
A
B
•
20%
non-voting.
Class
4%
.£1
reg
voting
Worth
15%
Franklin
Co
&
3
37
(Geo A)
—
■
3
conv
preferred.
12
1
.15
Jan
Jan
Feb
2% Mar
Mar
15
Mar
15%
ion
Gellman
General
Gen
Power
2% Jan
12%
650
11% Mar
12%
12
19%
Iron Fireman
141
12
58%
58
%
60
100
Amer
s'
1%
600
1
Jacobs
15
Mar
Jeannctte
Jan
44
Apr
Jan
61% Mar
Jersey
6%
preferred
common¬
For footnotes
see
page
1349.
%
% Mar
1%
Jan
700
3%
Jan
7%
Apr
%
5,400
i'if
Jan
%
700
7%
Jan
17
•
Apr
Jan
41
Apr
;
ctfs_„*
A
41
3%
"3%
3 %
%
5%
500
18%
10%
10%
Feb
1 %
Jan
%
Feb
14%
700
.
Jan
Jan
19
10'J4
200
~3%
17%
18
3 %
21%
~
-V
:
325
-
1,400
7%
Jan
600
*
A
32
200
3%
3%
-1
—
:
17
40%
~3 %
%
Jan
2%
Jan
Jan
Jan
7% Feb
15
90
90
Ms
16%
800
102%
60
4,700
78%
5VB
1%
78%
86
86%
210
96%
96%
30
15%
16%
150
4%
4%
1%
1%
—
.
16%
900
25
Feb
Jan
Fob
22
3%
Apr
% Mar
Mar
Apr
% Mar
13%
Jan
90
Apr
12
Mar
3% Mar
7%
16%
107
Feb
5% Mar
2% Mar
1
Jan
66
Jan
78%
69 %
Jan
86%
Apr
79
Jan
9634
Mar
15%
,
Apr
16%
Apr
Apr
K
Apr
1 % Mar
2
1
Co
Glass Co.—
Feb
1%
Jan
9%
„10
series A—
1
72'A
Kansas Gas & Elec 7%
Kennedy's
—£1
dep rets ord reg
400
16%
16%..
7Vb Mar
Jan
Jan
68%
200
Co Ltd—
General Fireproofing common.
Gen Gas & Elec $6 preferred B_.
|i
1%
1
General Finance Corp
•;
.;
•
1
1
_•
Central Pwr & Lt 5%' pfd—100
preferred."
100
preferred
100
& Kokenge Co
*
(F L)
21% Mar
Jan
7Vb Mar
Alloys Co
Electric
1
—•
Apr
Jan
7 %
,
1
Mfg Co common
n
7%
Jan
45
3,000
lioo
„
2,000
Mar
29
13%
common
_
*
preferred—
Mfg voting trust
Air Chute
Italian Superpower
9
•
•
•
Co
preferred
5%
*
Interstate Power $7
Investors
Royalty
9% Mar
U
—
B
Jan
9%
8%
♦
•
preferred
ii
$3.50 prior preferred
Interstate Home Equipment
Interstate Hosiery Mills—
Julian
Gatineau
6%
7% Mar
4% Mar
2,100
_
_
100
-
Mar
ls
6%
Utility class A__
$1.75
.
convertible preferred
4%
Apr
15%
'
1
Co
stock
Apr
21
8
»
$3
20%
15
'
•
-
1
Malt common
16%
Jan
„
5
Co
•
Fuller
4% Mar
15
1
participating
Conv
Jan
1%
100
1%
_
Distilling
Grain
Froedtert
1%
10c
'
Brewing
88%
Class
Irving
—
Peter)
1
Jan
65% Mar
Jan
16%
25
21
Stock Yards
$1.50 preferred
Fox
Jan
3% Jan
1,400
2oyz
21
Indus Engineer—
Common
International
81% Jan
•
Foundation
International Safety Razor B.
Apr
12%
•
Fort
Apr
17%
Mar
5%
1,600
4%
19%
8%
18%
Jan
875
87
4
Jan
15%
16%
8%
i—*
:
Jan
10
■
$7 preferred
Mar
3
shares..
International
Products
3%
7'A
500
4,700
5%
5%
-
*
Registered
57%
8%
18 %
17
17
Co Ltd—
rets ord
dep
2%
.10
1
Power
2%
10% Mar
Jan
5
Association
Florida
7%
8%
•
Metallurgical
Fedders
3,800
1
Brewing
Falstaff
Fansteel
10 %
2%
Falrchild Aviation
9%
lo%
16%
2%
5 %
Co Lighting 1%
...*
A
pfd B..:
preferred D
Products
Petroleum
Apr
Kingston
Mar
Kirby
2.
—
100
100
1
1
119 'a Mar
115%
100
8
5
Inc.
Ken-Rad Tube & Lamp
Kings
preferred
13%
13%
8
14%
Jan
200
6%
J an
8%
Apr
2,100
5%
Jan
14%
Apr
47
Jan
32
Jan
3
3
3%
8,700
1%
Jan
3%
3%
3%
700
1%
Jan
Volume
Number 4167
157,
THE COMMERCIAL & FINANCIAL
STOCKS
New
York
Curb
Week
Friday
Exchange
'
Ended
Week's
Sale Price
10
___
Stores
Kress
(S H)
Kreuger
Low
1,900
H
"9%
'
•
10
6%
*
7%
~9%
900
100
97
96 Vb
•.
4%
99
Jan
Jan
Nebraska Power 1%
Nehi Corp 1st pfd
Nelson
Feb
Oil
Co
Nestle Le Mur
10
12%
1
4%
13
4%
200
4%
12% Mar
300
4 Va
13
Jan
5'/a
England
New
Haven
Tel
27%
29%
12%
14%
3%
3%
5
H.—
5
"'J
-
5
100
1
Leonard
Lit
Brothers
Lone
1
37/a
"2%
CM CO
28
9%
9%
400
"5%
Feb
common
•
1%
IV2
1%
5
14%
14%
15%
400
•
9Va
7%
9%
♦
100
__10Q
Packing,,.
7/a
Mr M
2,400
Jan
,-:
29%
31
26%
283
Land
Exploration
'
1
Corp
1
•
6 V«
6 V4 .'
6%
••
7%
pfd
6%
5
26
26
N
Y
Water
Class
Service
optional
Class
A
1
Feb
Mapes
(The
Apr
Nineteen Hundred
28%
Apr
Jan
Jan
8
Nipissing
450
'Noma
63a Mar
5Va
Jan
18%
Mar
107
Jan
Feb
26%
munication
Steam
*
.___
Massey
Harris
$6
&
B
Stores
17
Metal
4%.
200
2%
Jan
22 Va
24
1,050
18
17 %
17
100
Jan
3.400
3%
Jan
Jan
3,600
is
Jail
2
111
30
Jan
111
Apr
101
210
95%
Feb
101
Apr
19
19
21
600
16%
Jan
50
102%
Jan
107%
Apr
60
36'
Jan
55
Mar
106%
106% 107'%
48
48
.49
67%
56
1/64
1/64
1/64
warrants
2%
102
2%
55,800
66
69%
1,475
54
Jan
69 Va
Apr
56
50
42
Jan
56
Apr
%
~5T'a
5
70,700
1%
Jan
7%
300
4%
Jan
1/128 Jan
2.300
1%
Jan
3
9%
9%
10%
2,200
8
Jan
141
*
'
; v
29
29
230
-
3%
125
2,200
y
1.900
%
Jan
2,500
3%
Jan
11 Va
10 Va
12 Va
~1%
~Iy« ~i%
91
141
Jan
RR
4
Jan
103 Va
Feb
Jan
12%
Apr
3.100
1%
Apr
•
%
Jan
100
3%
Jan
«
13,500
&
Jan
1,225
52%
Jan
22 %
4
.
X
Iff
1
common
3'
59
59
61Va
26%
26%
27
400
26 3 a
26%
200
21
Jan
29
"lV4
Jan
3
23
Public Service
5
Jan
i
Corp
Participating preferred
6,700
7
■
1
8
700
%
6%
pfd_100
97
$ 97
105
States
Power
class
105
A
25
0%
*
20 Va
Corp
50
98 Vi
Jan
Va
1
1%
common
6
10
20
6Va
20%
Co
3,100
1
25c
Jan
28
Edison
Power 4%%
Public
Jan
Jan
27
Mar
Jan
27
Mar
Feb
%
53
Mar
Feb
1%
Feb
4 %
82
Jan
97
Apr
102% Mar
106
Mar
Apr
Feb
19,800
4 %
Jan
7
Mar
800
21
16%
Jan
22
Feb
class
$6
B
*
common....
\.Y.
preferied—
preferred
_
100
—
Service
7 %
1st
2%
Jan
1%
2
Jan
9,100
650
17%
Jan
21%
Apr
250
91
Jan
95
Apr
113
J
114%
160
106%
Jan
a--'.''
—
Jan
30
107
106
25
103% Mar
106
Apr
113% Mar
106
Mar
5
10%
103/a
10%
100
8 Va
Jan
10%
18%
18V4
19 >/4
1,800
16%
Jan
19% Mar
49
49
50
550
48
Jan
50% Mai-
110
-50
*
Securities
112
112%
*
Apr
1
6V4
Feb
270
Feb
115
Mar
7%
100
7%
Feb
8
Feb
6
200
3%
Jan
6
Apr
6V4
;
—
\
112%
7%
5%
—
1
Overseas
113% 113%
~
114 Va
15
common
prior preferred
conv
Apr
21 %
95
'
100
preferred
$5%
4 Va
20%
93 V4
'
pfd— —100
1st preferredLtd common
Omar Inc
•
4 Va
3%
21%
93 V4
¥
:
'
$3
Apr
Va Mar
108
1% Mar
15
Brass
3%
Oliver United Filters B
8%
Jan
107 Va 107%
100
Textile
8%
Feb
62
4
100
Oklahoma Natural Gas
Mar
%
%
50
preferred,,..
6%
Mar
Jan
7%
4% Mar
23 Va
3,900
5
Oilstocks
Apr
2
%
V
51%
•
Oil
Co
Ohio
Feb
19
7%
Apr
8%
9,500
50
Texas
Ohio
Apr
3%
•
•
Va Mar
1
Utility Securities
Ohio
Apr
class A__l
Scott
Feb
6 Va
210
O
Apr
? Mar
10%
Jan
2%
100
-
Jan
V.i
Va
98
*
Ogden Corp
7%
2%.
3 VH
2%
6 Va
5%
97
•
21% Mar
56
100
Rayon class A
Ohio
7
2%
139
Apr
10% Mar
99
1.
Novadel-Agene
Apr
2%
_
24
110
Apr
5% Mar
2
3 Va
Feb
Apr
5% Mar
111
17
11
5%
1 Va
;iy
Apr
3%
Mar
4%
b
A preferred,.
Iron Co
Messabi
4
1%
Warrants
6% ';'o
Mar
Jan
Penn
7V/>
Apr
28
7
preferred
ft
74
Jan
4%
;
,
4%
100
Corp B
Central
Northern
*
common
common
Chapman
Feb
26
•
3%
31
Feb
10% Mar
5
American
Nor Indiana
•
Merchants & Manufacturers
2%
100
common
4%
Jan
*
Co
Memphis Natural Gas
100
2%
prior preferred—
Jan
57
•
Mfg B
McWilliams Dredging,.
Merritt
2%
100
"3%
10
—
Light ft Power
preferred
North
♦
common
Participating
.400
74
Jan
Jan
22%
100
Mines
1 Va Mar
1
t c
Radiator ft
Johnson
3%
%
1%
"3%
pfd_100
pfd
Electric
Jan
%
2
v
68% Mar
57%
28
Com¬
Shovel
McCord
Mercantile
74
2.300
♦
Marine
Mass Utilities Association
Mead
3
•
1
Ltd
Co
Margay Oil Corp
Marion
1
Co
Jan
5,800
1%
Apr
♦
Mfg
International
4,600
3%
common
North Amer
North
%
Co
B)
Consolidated
Marconi
66V'4
Niles-Bement-Pond
31
Jan
6%
Manati
Manlschewitz
63
2
10
preferred
Jan
Northern
preferred
63
Class B optional warrants
Niagara Share class B common
Apr
Apr
M
convertible
6%
preferred
A
Class
$5
Apr
Apr
preferred—
North American
Sugar optional warrants
Mangel Stores
7%
17%
1
Niagara Hudson Power
15% Mar
Feb
Jan
Jan
101
Jan
103
26%
101%
47/a
13%
shares
1st
1%
Jan
87%
200
Light 7% preferred—100
Feb
2%
1-v
•
common
360
10
iff
900
7
Feb
2,200
Rosario
21%
5,800
99% 100 Va
'-vU.
'
•
&
Founders
2d
9%
11%
4-V«
N Y State Electric & Gas $5.10
19% Mar
Jan
40Va Mar
Shipbuilding Corp—
5%
'
Louisiana
Louisiana Power & Light $6
100
'•
preferred—
Y
10% Mar
Jan
Jan
Jan
7%
common
20
675
2,325
1
Co
&
Apr
25%
__1
Land
Feb
30
6%. Jan
5,300
'
30%
27%.
a
1,625
% Mar
25
Arizona
Honduras
Power
$6
N
Apr
/•;..%
Jan
12%
39%
3%
17%
Merchandise
Y
Feb
8%
Jan
26,300
Corp
&
Mar
4
Jan
16%
&
Mar
14
9
Jan
1
50
9%
City Omnibus warrants
% Mar
Jan
7
3V«
37%
37%
•
Y
17%
7% Mar
Apr
16 Va
Auction
Y
7%
25
300
1%
*
Y
N
iV
24%
Mar
17%
_•
Y
N
'
600
5
9
100
N
Feb
4,700
Tel..
Co
N
Mar
Feo
N
Jan
97/e Mar
Jan
% "
{'ti
28
37/a
•
Apr
6
4%
Feb
200
3%
100
Apr
N
.,'V
110
*
101
31,900
8%
Mexico
Feb
Jan
Feb
•
Jersey Zinc
5%
preferred
preferred class B
Lynch
14%
12 Va
7%'
7%
5
Inc 6%
Long Island Lighting common
1','c preferred class A—
Loudon
Tr1
Jan
% Mar
25
Inc..
Steel Chain
Star Gas
6%
6%
Jan
104%
4%
•
New Process Co common
Feb
100
'•
Feb
■
(Thos J)
Locke
TT.-.^r
•
Material Co___
Lipton
.
•
Development
Le Tourneau (R G)
Line
■
500
1
i
& Navigation
Oil
"
9%
8V4
31%
Jan
3%
TOO
.
•
^
l'/4
»
,
Lehigh Coal
2
1,800
common
Letcourt Realty common
Convertible preferred
Jan
19,300
3%
20%
8%
12%
1
'
Langendorf United Bakeries class A—•
B
630
1
Lakey Foundry ft Machine
Lamson Corp of Delaware
Lane Bryant 7% preferred
Class
A„_
common
New
100
&
Clock
New
RR (N J)
Shore Mines Ltd
12%
10
Feb
New
Lackawanna
High
700
108
*
class
England Power Associates
6%
preferred
$2 preferred
Jan
Range Since January 1
Low
17%
108
5
New
Co
Shares
*
Corp
Co
for Week
High
17
17%
100
Neptune Meter class A
100 % Mar
100
special preferred
Lane Wells Co
preferred
Sales
Range
of Prices
Low
*
(Herman)
New Idea Inc
Lake
Last
Sale Price
1)
Par
Apr
10
Week's
Friday
Exchange
April
-
Navarro
Apr
7%
Feb
Curb
Ended
Apr
10
Apr
92
310
U
York
Week
High
Jan
10
1 ;•
.
Va
.
200
——.
1st preferred
Brewing
:S-
Range Since January 1
High
%
1347,
STOCKS
New
Shares
■'
Inc
convertible
%
1
Hoppers Co 6% preferred
Kresge Dept Stores—
4c,'c
Loxo
1
Corp common..
Kobacker
for Week
of Prices
<■
Par
Kirkland Lake G M Co Lt.d___,
Klein
(D Emil) Co common
Kleinevt (I B) Rubber. Co
Knott
Sales
Range
Last
April !)
CHRONICLE
6'/4
100
3%
Jan
6%
Apr
Feb
Mar
31 Va Mar
Metropolitan Edison $6 preferred
Michigan Bumper Corp
__1
Michigan Steel Tube
__2.50
Michigan Sugar Co
!
Middle
Midland
■>.%
,
1
Jan
250
4%
Jan
2,800
7 Va
4®a
4%
4%
6%
Va Mar
6%
Jan
Mar
7 Va
1
Va
200
.
7 Va
t c_l
600
;
4Va Mar
.
1
7%
Feb
Mar
5 Va
Jan
6 ',8
:
Mar
5
5
5%
1,700
1 Va
1
1V4
2.200
%
Jan
Corp
5
8V4
7%
9%
63,400
4Va
Jan
9%
Apr
preferred..*
8%
8%
9
200
8%
Apr
9%
Feb
common,.;
Oil Corp
$2
conv
x3%
Jan
'
'
■
1% Mar
non-cum
Midvale
Co
Mid-West
dividend
Midwest
Piping
shares
•
*
Mid-West
Co
10
Supply
Refineries
Mining
Minnesota
Pwr
ft
19
35
♦
& Mfg—
Light 7% pfd
Jan
19
Jan
35 %
600
1 Va
Jan
2% Mar
8%
1,700
6%
Jan
8% Mar
18
1
—
15%
25%
2 Va
8%
1%
100
1,025
2
___*
Mining Corp of Canada___
Minnesota
18%
32
32
50
&
Missouri
Public Service
:j:-
18
200
V 14
Jan
19
Apr
Mar
2%
2%
900
1
%
Jan
2%
Apr
1%
1%
200
1%
Jan
1%
Apr
54%
56 %
775
IV;
•
Monroe
Pictures
Loan
Montana
_•
common
Montreal
Moody
2.50
i_
•
7
7%
9%
101%
7%
50
i
Jan
1
1%
1%
1
5%
59 V'4 Mar
Jan
Va
2,709
17
:
'
Jan
Mountain
City Copper
Producers
Mountain
States
5c
!
Power
6%
*
common..
Mountain States Tel & Tel
2 Va
6%
/
16
2% Mar
1%
6% Mar
Jan
165
Mar
Feb
171%
Jan
22%
200
21%
Jan
22 Va
Api-
450
20 Va
Jan
29 %
Apr
238
12,100
"l%
Jan
~2%
Mai-
6%
6%
2,500
16
15%
___
•
12
13
9
100
300
Pacific
Public
$1.30
1st
8%
common
1,100
13%
-
300
103a
—
'v
4%
Jan
Motors
Parkersburg
Breweries
National
Candy Co„
City Lines common
National
$3
convertible
National
1,625
'.
-.
Rig
&
preferred
•
—:
13
6% Mar
13 %
Jan
Jan
9
Jan
123'a
Jan
14Va Mar
12%
4%
16
A pi-
120
Mar
Mar
Jan
10%
Jan
57
200
13
69% Mar
A jn-
Mfg ft Stores
common
17%
17%
17%
48
48%
/:
Rubber
National
Steel
National
Machinery:
Car
National
Tea
National
Tunnel
National
Union
For
18
Mar
Jan
17 %
Apr
Feb
48%
Mar
1,200
10%
10%
12
18,800
99
98%
99
1,150
9
Jan
8 Va
Jan
12
Apr
2% Mar
*
Plymouth
Telephone
$1.40
preferred
Pennroad
Penn
ft
3
Mar
87%
"5%
"5%
300
10
10
10%
1,600
18%
Jan
991/4
Apr
3V8
Jan
6%
Jan
10 Ts Mar
Feb
40
9%
Jan
40
17%
.
800
6
Feb
Feb
see
19%
Mar
8%
150
7
Jan
8%
Apr
13%
13%
13%
600
11
Jan
13 7 8
•
preferred
Mines
Radio
footnotes
Apr
2%
2 Va
2%
3,600
2 Va
Mar
2 Va
Feb
2%
2%
2%
3,000
%
Jan
.,10
__30c
page
Jan
107
Mar
Jan
88
Mar
73
1349.
Jan
Apr
3%
Jan
4%
Apr
17%
100
15%
Feb
17%
Apr
72%
Jan
79'/a
Feb
5%
67,400
21%
100
14%
16 %
2,600
28
Jan
35
31%
32
150
28%
Jan
32% Mar
32
32 Va
150
32
Feb
32 %
14 7 u
•
31%
25
32'/a
3%
Jan
5%
Apr
6 Va
21%
Mar
6 Va
Mar
Jan
21%
Apr
14
common
.____
Corp common,,
Elec
class A
Jan
16% Mar
Mar
Apr
1
4%
4%
4%
21,200
3%
Jan
4% Mar
1
common
10%
10%
12%
6,800
9 %
Jan
12% Mar
60
60
Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred
*
Gas &
9%
com,
25
44
Jan
60
Apr
35%
35 '/4
50
27%
Jan
35%
Apr
%
1%
3,800
%
Jail
1%
___*
60
....
Penn
Power
$6
&
Light
$7
preferred
preferred
Penn
Salt Mfg Co
Sugar Prop common
Penn
Water
Pepperell
&
Power
Mfg
Electric
Securities
Gold
Bess
&
common
Ltd
E
Meter
RR
54%
8
8
112V4 113
Y
Apr
5%
275
30%
50
5%
1,900
7%
8%
5,300
Jan
113
Apr
21%
Jan
31
Mar
4
Jan
5
Jan
Feb
6V4 Mar
8%
Apr
Mar
33
6% Apr
6V4
1,800
4%
Jan
18V4
19,400
8%
Jan
51V4
4,450
42%
Jan
51%
•
9%
9%
9%
800
8 Va
Jan
10% Mar
1
1%
1%
2 Va
57,700
1 Vb
Jan
*
7%
7V4
7%
5%
.
18% Mar
2 Va
Apr
Apr
56%
58 7
a
1,400
7% Mar
12 V4
93%
97
3%
Jan
Jan
39Va
Jan
47%
Jan
587«
Apr
13>/4
3%
14,V;
Jari
12%
12%:
250
10 Va
2.700
12
Va
1,080
6
38
57
10
84%
Jan
500
2%
Jan
300
8%
Jan
25
12Va Mar
14
Mar
97
Apr
3% Mar
14
Apr
12% Mar
1 Va
Apr
12
lit-
Va
51,100
77/B
7%
8%
8,600
.V
3%
Jan
5
Feb
8
V2
Api-
6V4
5%
6%
2,700
4%
Jan
6%
Apr
5%
Jan
5 %
Jan
5
of Canada
1
•
Gold
Feb
58Va Mar
25c
common
& Lambert
104
Jan
Apr
Mar
16%
Alexander
Prentice-Hall
51 Va
88 %
170
V/;V. %
50
&
Premier
Jan
16%
14
Pratt
Jan
50%
7.50
common
4
Mar
1
3
Mining Co
74 3
150
94
10
50
common
Jan
31%
96
Powdrell
1,100
25
1
Scale
25
5
10
Sugar
230
56
.
30V4
25
Potrero
88 Va
163
76
% Mar
54
112 V'4
Metallurgical
Inc
550
50
Pittsburgh & Lake Erie
Pittsburgh
93
V-,
5
*
common
Postage
L
*
•
pfd,.
Co
Mines
Pitney-Bowes
Pitts
5%
preferred series A
Governor
87 Va
163
;/v_'
1
common
Power
Packing
Pioneer
20
•
Phillips
Pierce
91%
50
100
Co
Rubber
Philadelphia Co
Conv $3
Co__.
Co
Circle
Pilaris Tire &
92%
•
Penn
Perfect
*
Co
•
Mining
25%
25%
•iff
25%
iu
1 a.-
1
Inc
156
•
common
Jan
19
Va
22,900
34
26
Apr
i
Jan
Jail
its
Feb
Jan
34
11 % Mar
12.50
5%%
102%
500
Mills
A
Cent Airlines
Pressed
2% Mar
Metals,
of
America
Producers
Corp of Nevada
Prosperity Co class B_
Providence
Public
~5l/a
I*
Transit
National
Mar
15%
*
Sugar Refining
ii Mar
44%
11
♦
Ltd
Jan
Apr-
500
10%
Light $6 pfd unstpd—•
$6 preferred
stamped
•
National Refining common
National
13
200
10%
Pwr &
Mar
30%
4%
21%
Power Corp
\
National
A
18
1
Fuel Gas
National
Jan
*
»
National
10
6,100
50
(Del)
12%
*
1
11
33 %
Jan
17%
1
Reel
Patchogue
Plough
1
common,
common......'.
Container
20
Jan
Jan
%
4%
17%
1
10
__
Peninsular
Polaris
;
National
20
*
—
Corp
Co..
Pen
Pneumatic
Nachman-Sprlngftiled
Hess
28
Pantepec Oil of Venezuela Am shs
Phoenix
N
Bellas
31
300
% 105
87%
87 %
•
•
1,500
30%
104
100
Service
32 %
30%
Pittsburgh Plate Glass
Pleasant Valley Wine Co
National
32
32%
•
preferred
Page-Horsey Tubes
Phila
112%
•
12'4
13
•
preferred
Mar
29%
■:
100
Murray Ohio Mfg Co
Muskegon Piston Ring—
Muskogee Co common
21
2 Va
2%
10
common..
Apr
Mai-
1% Mar
Mtge Bank of Col Am shs„._
Mountain
9
Apr
5%
.
22
29
.
Jan
%
100
280
•
10%
Jan
4%
2
Jan
7%
8
1.250
101
Jan
1,300
1%
__
Jan
6,000
1653:» 167 %
167
♦
pfd—,
600
21
1%
.
OO
■'.
8%
19 Va
1
L'-*.
10%
7%
20%
•
partic
7
10
_
A
Light Heat & Power___
Investors
'JLJ'
•
A
Utilities
Ward
25
_25
'
,1
—
common..
Society
Dakota
Montgomery
1st pfd
__
100
Mock Jud Voehringer common
Molybdenum Corp.—
Monogram
6%
Mar
100
pfd
Monarch Machine Tool
•
common
Elec
preferred
Lighting $5 preferred
Power & Light 7 % pfd
Pacific
Penn
Mississippi River Power 6%
Co
&
1st
'
common
Oil
Pacific
Parker
Abrasive
Midwest
Can
Gas
5%%
Paramount
Midland Steel Products—
$2
Pacific
Pacific
Apr
__1
v
v t c
West
is
634
10
Micromattc Hone Corp
Middle States Petroleum class A
B
3,700
6V4
•
Preferred
Class
'14
U
Gas
Service
of
,
3%
1
—1
4Va
%
T,V
*
>'«
5,300
Jan
7% Mar
■),
Jau
Mar
5
600
4
Mar
5
7%
*
4%
7%
100
7%
Apr
8% Mar
Jan
Colorado—
6%
1st preferred
7%
1st preferred
104
——
104
10
104
Apr
106%
Jan
109
———.—-100
100
109
50
109
Apr
114
Jan
112 % Mar
Puget Sound Power & Light—
$5
$6
prior preferred—
preferred—
Sound Pulp & Timber
Pyie-National Co common
Puget
Pyrene
Manufacturing,.
*
—*
525
101%
Jan
53
55'%
9,300
45 %
Jan
55%
Apr
13%
1,200
7%
Jan
13%
Apr
8%
53
108% 110%
11%
108%
•
Jan
10% Mar
7%,
Feb
5
10
8%
~8%
"5%
600
8Va
Apr
Monday, April 12, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
1348
NEW YORK CURB EXCHANGE
Range
for Week
Low
High
Low
Par
New
Range Since January 1
Shares
of Prices
Sale Price
Ended April 9
Week
Week's
Last
r
Exchange
Curb
'
V
;f
q
A •••7:,
High,
preferred
Quebec Power Co
6c:'o
70
70
91
Jan
146
•<■.'
92
Mar
156
Feb
Feb
Sun
r||
—10
1
>-10
Raymond Concrete Pile common
.—*
$3 convertible preferred
•
Raytheon Manufacturing coramon__50c
Red Bank Oil Co
1
Voting
common
Jan
Jan
■
51
50%
50 %
Apr
7/a Mar
19
Mar
Texas
51
Mar
4,200
2%
2,100
Va
Jan
23 Va
300
21 Va
v
'
Oil Corp.
:—— 50c
Reliance Eiectric & Engineering..
5
-
Reiter Foster
is
372
A
"4
"4%
10%
10%
3,200
9%
■
9,500
11%
4
800
9 VIB
"l7/«
1%
1%
%
A
7/a
A Mar
13%
Jan
Apr
4% Mar
Jan
3
Mar
11%
Apr
•7
Jan
9%
T%
Jan
l7/a
Shovel
Thew
Va
Co
common
Exports
Product
Tobacco
Amer
70
91%
Jan
99
Apr
50
13
Jan
17
Apr
Jan
10
Mar
preferred
Tonopah Mining of Nevada..
Mar
Trans Lux Corp
2%
17%
60 V*
1,000
17% Mar
60%
7%
17%
6%
,
'' :;:
■
3%
Jan
5% Mar
3%
Jan
6% Mar
Jan
U Mar
Jan
50
Jan
Mar
Feb
4%
6%
Jan
8% Mar
Feb
7/a
1
9
•
.
Mar
Mar
105
Mar
Mar
110
Mar
1
4,900
1 Va
6%
Jan
%
%
3,100
a'l
IV*
52
4
9%
6,000
4%
10
Jan
3%
3%
•
9
9
1
2%
Mar
7/a Mar
Jan
6%
49 %
Feb
3% Mar
Jan
2,300
.
Jan
65
102
800
.,
2%
Jan
53
10
3
10
•
Apr
A Jan
290
107
2%
—
1
A
Class
Tung-Sol Lamp Works
80c convertible preferred.
%
Apr
5% Feb
2%
1,500
65
105
—
6%
50
Chatillon Corp
Jan
—
1
Inc—
Tubize
22%
Jan
4%
__
2%
9%
——77..
%
•
Trunz
17%
200
.
.
L Apr
5% Feb
y
'
—
- •
;
107
IV*
'
62
105
—
Mar
Mar
900
—
62
Mar
11
700
4%
—
—
24
Jan
43
3Vb
•
Jan;
3% Jan
2,200
•
—
4%. Apr
Mar
102
20
5%
||
13
-
—
—
1
10
warrants—
Tri-Continental
5%
3%
1
Oil Co
Transwestern
Mar
6
Jan
7,700
4%'
4%"
4%
Apr
21% Mar
Feb
3%
300
5%
5 Va
Apr
Jan
Feb
19
~5Va
4%
Jan
16
49%
600
57
4
Jan
2%
6,100
17
—
.
Apr
52
Jan
39
750
7%
Apr
1,400
1%
Jan
4% Mar
1,000
6%
Jan
9%
Jan
2% Mar
1% Mar
5'A
5'A
5%
1,400
1%
1
& Haynes common
Ryerson
4 %
3%
4%
59
77/a
1,300
3
2%'
2%
•
•
100
100
Shipyards Corp
Toledo Edison 6% preferred
17
800
3%
700
-
Todd
99
9%
Mar
7,400
774:V'.;
•
dep rets ord regis————.
dep recs def reg
—*
Amer
17
9%
Apr
,9
10,200
Ltd—
Tobacco Security Trust Co
97
9%
Mar
14
4'%
23
5%
•
—
*
Rome Cable Corp common
—__—5
Roosevelt Field Inc
5
Root Petroleum Co
:
1
$1.20 convertible preferred
20
Royal Typewriter—
.*.
—•
Royalite Oil Co Ltd
:—:
•
Russeks Fifth Ave
2%
Ryan Aeronautical Co—
1
Ryan Consolidated Petroleum
•
Pendleton Inc
5
22
Stocks————*
Tobacco & Allied
6% pfd D__—100
Rochester Gas & Elec
Roeser &
—
Feb
800
•
3% Mar
49
12% Mar
10% 11
107
107
5
5%
22
22%
3%
22
4
22
Roofing Inc
1
Tishman Realty Si Construction——*
Apr
Jan
3,000
50
Jan
43
8% Mar
Tilo
Feb
9%
200
Feb
25% Mar
Jan
Jan
iV
900
,
10%
Republic Aviation
1
Rheem Manufacturing Co1
Rice Stix Dry Goods
*
Richmond Radiator
1
Rio Grande Valley Gas Co v t c——1
9% Mar
Jan
%
13,000
14 V-
V;
14
100
—2
5
pfd
;
Texon Oil & Land Co..
9%
11% Mar
Jan
200
3%
48%
47
V
10%
Light 1%
Power &
Jan
%
•
Jan
1%
10%
-.1
*
Taggart Corp common
Mar
22%
13
7%
10%
",3%
47
•
Tampa Electric Co common
13 V*
8%
8%
Apr
197/a Mar
15
50"
1,800
Jan
3%
1
1
50
Oil Corp
230
187/«
17
13%
19
18%
Apr
12
'1—'+
17
2,000
16%
Technicolor Inc common
*
Co
Roller Bit
1 Va!
Jan
7%
12
A
Railway & Utility Investment
Rath Packing Co. common
Reed
aa
575
1%
1
11%
11%
61,100
V*
Securities
& Light
Jan
16%
:—
preferred
% Mar
Jan
12%
••.;;■
18%
Oil
High
Low
%
300
18%.
•
convertible
Range Since January 1
High
18%
Superior Port Cement class B com
1%
Shares-
5
*
Co
Finch
for Week
Low
paT
Corp
Ray Drug Co
Sunray
Sales
Range
Sale Price
;-
Machinery
5% %
Radio-Kelth-Orpheum option warrants.
-
(S>
Sullivan
Swan
Railway
(Hugo)
Stroock
85%
85%
*
100
"
Quaker Oats common
7.77:
Week Ended April 9
Stinnes
Week's
Last
Exchange
Curb
York
of Prices
Friday
STOCKS
Friday
STOCKS
York
New
Sales
1%
1%
1,900
Apr
U
Class
St
Corp
Lawrence
Regis
Paper
common
preferred
l'/o
Salt
$2 conv
A
—•
—50
5
100
1
1
*
Ltd.
pref
Oil
Dome
Co
United Corp
Samson
common—
Mills—
Sanford
Savoy
Oil
Co
5%
common
3
134%
5 'A
6'A
1^8
l'/8
Jan
Apr
6%
Apr
i7(t
Jan
1%
27%
Jan
%
100
12 V*
Feb
1%
Jan
Jan
14
Mar
2%
2%
2%
2V*
..10
Co
3%
*
Canada
of
Gas
Cigar-Whelan
United
Corp
10%
9%
warrants.
-
—<—
•
10% Mar
15
Apr
57'/a
Jan
57%
Jan
%
Jan
l3/a
Apr
%
9.400
iff
Jan
Va
Feb
•*-.
.
14% Mar
Jan
10
50
14
14
14
12
300
32
•MV--
Jan
Jan
6 Va
174.800
y'*
....
Mar
mm.
1%
7/a
.1
United Elastic Corp
777 5
6% Mar
4,800
15
14%
1%
10c
Stores
4%
Jan
y.
'
■
...
•
participating pfd
&
cum
United
2% Mar
Feb
'
*
Chemicals common
United
S3
""1
Jan
-
.
1,000
;.N.
common
Products
Aircraft
United
1%
3
200
6%
6%
6%
'
2
2,200
800
•
Union Investment
Apr
Jan
5ud
1%
14
1
14
.1
134%
Jan
24%
5,500
1%
—
—
Feb
3 '4
Manufacturing
Unexcelled
Union
2%
18,300
Apr
Jan
115
50
1%
Apr
"l%
32,3ud
130
1%
100;;
.
2%
2%
—
5
•
Co
Schiff
1%
1%
—
Corp...
Realization
Ulen
St
10c
Corp
Udylite
'■
common
;—
preferred
Scovill Manufacturing
Scranton Electric $6 preferred
Convertible
Bros Inc
Seeman
12
Allotment
2%
Apr
Feb
32%
Apr
%
Jan
l'/a
Feb
4%
Jan
7% Mar
Mar
16
13'/a Mar
%
Jan
650
51 %
Jan
64 %
200"
64%
52%
Jan
63%
Apr
%
Feb
|| Apr
9
Jan
3
4,350
63%
1
1
Safety Control—
Serrick Corp class B
Shawinigan Water & Power
Sherwin-Williams common
5%
pfd series AAA
cum
Co
Silex
__
—
common
6%
4
Mar
4
6%
Jan
Apr
300
14
Jan
16%
Apr
900
92
83
Jan
92%
Apr
•
—
Jan
CO
'
•
Feb
116
—
__
12%
„
...
13
13%
10%
12%
Jan
Mar
—
13
convertible
$3
125
Singer
Singer
Manufacturing Co
Manufacturing Co Ltd—
dep rets ord regis
City Gas & Elec 7% pfd
13% Mar
Sioux
Aircraft Co
Manufacturing
Solar
Solar
Soss
Co
:
Corp
Sonotone
Manufacturing common
South
Coast Corp
South
Penn
common
Oil
Pa Pipe Line
California Edison—
original preferred
6% preferred B
5%% preferred series C
Southern Colorado Power class A
preferred
Southern New England Telephone
50
Southern
Phosphate
Southern
Pipe
—
44
Co
Jan
27/a Mar
Jan
3% Mar
l7/a
Jan
4%
300
2%
Feb
3,100
46
37%
Jan
30%
30%
42% 42 %
120
—
Spencer Shoe Corp
Stahl-Meyer
Inc
—Y;\
:
8%
7%
Steel Co of Canada
Stein
& Co
(A)
.
6%
1st preferred..
5%
2d
;
preferred.
Sterling Aluminum Products
Sterling Brewers Inc
Sterling
Stetson
For
;
,
Inc
(J
B)
Co
footnotes
•
common
see
page
1349.
5%
Jan
5%
8%
y
500
%
Apr
2,400
Va
Jan
16
—
>
80
S Foil
U
S
16
—
%
—:
-
38 %
8
-.
33
8
34%.
-
—A
1%-V.'1%\:
7
%-
8%
8%
2% .
1%.
5,5
.
.
..
"lO
Apr
29%
S
Radiator
1
3%
2%
U
S
Jan
4%
Feb
%
Jan
1%
United Stores
•
Wall
300
2%
...10
Consolidated Oil
'V; "'a*
Jan
Universal
:««
■
Utah
Feb
A
Jan
Jan
3
Feb
11
a
$5.50
5%
Apr
1'
Feb
1%
Mar
Jan
18%
Jan
18
Apr
200
43%
Jan
66
Mar
14%
Jan
19
Mar
61
18%
250
2%
2%
2%
12,300
2%
Jan
*
54%
54%
54%
350
45%
Feb
1
L
p-~-'
..10c
1%
63%
63Va
Jan
49
400
Apr
Mar
:
3% Mar
%
Apr
68%
Apr
1
Jan
4,800
68 Va
2%
57
Jan
2
V %
1%
1%
1
Apr
15
25
5
Equities common
priority stock
Utility
Feb
Feb
9%
200
6,400
18
18%
Feb
Apr
4%
100
1%
v
11
A
■
Light $7 preferred..
Products
Radio
V
Petroleum
Virginia Public Service 7%
27
4%
pfd
100
•
Manufacturing
27
56
9
5
1
i
7,800
58%
170
H9
preferred
7%
Jan
5%
Jan
60 Va
44
,7^7%
600
>
Mar
Feb
Feb
Feb
9
Jan
Co
Knitting Mills..—
5
Jan
16 %
1%
Jan
Mining
Waiker
12 V8
77/a
~
9%.
.
Feb
8
86%
Apr
88
7%
Feb
100...
9%
% Mar
16
Apr
West
Texas
12 Va
Jan
16
Apr
West
Va
Utility $6 preferred
Coal
& Coke—
Inc
Jan
112% Mar
Western
Air Lines
5,900
da
Jan
Va Mar
Western
Grocer Co
200
A
Jan
16%
Jan
1,400
6%
Jan
1,500
A
22 %
Jan
500
32
35
13
3%
Feb
11%
Jan
13 Va
Apr
2%
800
13%
900
4
Jan
4
Mar
Jan
Jan
.1
Inc
Mar
Williams
Mar
Williams
Feb
x38% Mar
'
8% Mar
Wilison
(R
C)
&
1
Co
Oil-O-Matic
Heating
5,500
4
-'
Jan
4% Mar
8%
3,800
5%
Jan
8% Mar
9
9
100
9
Apr
9
67
Jan
88
Apr
14%
Jan
18
Mar
22%
Feb
25
Feb
Feb
13%
Apr
Jan
7%
Apr
Wisconsin
50
Jan
Power
& Light
1,300
~6 %
Jan
9%
Apr
Woodley
800
1%
Jan
2%
Feb
86
88
80
17%
86
18
250
—
1
10
•
-
..
7%
7%
7%
8
5%
200
700
Apr
5%
"7%
11%
"3%
100
6%
Feb
Mar
8%
Jan
Jan
9
25
3%
pfd—100
11%
Jan
7 Va
1%
8
1
Wolverine Portland Cement
7.%
,
•
i
Products Inc
.
...10
Weyenberg Shoe Mfg.
Wichita River Oil Corp
4%
Feb
'
Westmoreland
lT
Jan
2%
Apr
9
Ry 7%
Mar
2
A Jan
9
Mar
Mar
4%
7%
131"
7%
1st pfd—100
Western. Tablet & Stationery com
•
Westmoreland Coal
.1
20
Western Maryland
102
4%
4%•'
20
1
1% Jan
300
Apr
9% Mar
Feb
13,800
40
Apr
Mar
%
IS
% Mar
2.450
Apr
1
98%
—
1.25
_•
5
—1
Wentworth Manufacturing
Jan
Apr
9'A
Jan
1,100
Apr
2% Mar
13
5 'A Mar
Jan
5%
10
300
8
86%
■
:
3%
1,300
47/a
4%
86%
•
•
1
Class B
Wayne
.
ctfs ext..*
..100
Bond class A
Waitt &
Apr
4%
•
Co
Wagner Baking voting trust
Apr
35
30
Jan
W
Aircraft
A
110
1% Mar
Jan
18"
'■r'4%
250
4%
4%
9
;
29
56
..
%
4,800
1%
1
1
Valspar Corp common
$4 convertible preferred
4%
100
Apr
2%
Jan
1%
•
58%
58%
....1
Utah-Idaho Sugar
Utah Power &
■'
18 Va
1%
17
17
M-;:s
«
':t>. j'
18
Pictures common
Universal Products Co
Jan
1,500
Apr
3%
1%
16,200
■
5%
5%
";-/v
Insurance
Universal
Jan
\7
30
V
Jan
6,100
3
2%
.
'
•
—
Class
B
Universal Corp voting trust ctfs—....1
%
%
Feb
Apr
9% Mar
Jan
1%
1,100
A
A
A
2
*
2 V*
25
71%
Jan
8
Apr
Mar
l'/a Mar
Jan
28
•y
400
2%
? 2%
2%
-_50c
common
Paper
Universal Cooler class A
Apr
2,600
8%
60
5,000
3%
5
v\-m
775
30
5%
Jan
Jan
4'
k
Reclaiming
Rubber
4,400
V
9%
29%
U
•1,500
'
! 8%
9%
2V2
1%
6
2%
50
1
9%
Lines Inc
Plywood $1.50 conv preferred....20
p
Jan
2%
v:
Feb
46% Mar
7%
>
900
71%
S
common
Jan
8%
\r
69
S
500
1%
—
8%
2*/+
:
u
69
U
8,200
9%
A
31%-35
—
•
U
A Mar
'
40
—
%
400
16
Feb
Feb
•
,7/ 687/a
Feb
28
Jan
23
200
15% 16
110
110
A
A
%
A
16
preferred with warrants—
preferred
1st
$5
*
43
3,000
5
8
>
•
i:;
5%
4%
8
.5
common
Jan
4,700
5 Va
4%
and International Securities
63
46
class B
Co
Graphite
S
U
45%
1; % 5 %
Specialties common
United
68%
45%
25
;
66
2,500
290
68
common—...25
Preferred
Waco
•
Feb
•;
%
4
Feb
2%
•
Apr
—
3% Mar
250
Jan
!6
•
10
Feb
2%
4%
16
--
'"V
Apr
8%
Jan
.
7.,.'.
Feb
250
-
7 89% Apr
:
y'
Feb
Jan
:*11 - .11
3%
3% - 4
—50
!
7.
—
—
20
1
1
1
Mar
Jan
•
•
1
.
common..
Sterchi Bros Stores
115*
Mar
1%
1%
A
4%
-16%
—
1 V.
(The) Corp voting trust ctfs—1
Feb
1
7%
1%
%
3%
class B_
Standard Tube
Jan
6%
3%
.
%
;
Feb
300
3%
•;<
—
v
3% Mar
...
Apr
1,100
%
%
:
29%
1,900
%
%
Feb
Apr
Mar
y
31% Mar
Feb
2%
25%
%
•/%
,
42%
Jan
5%
8%
8
80
30
/••.pi-.;"':
—
25c
Machinery
Shoe
United
Vogt
100
24%
—
Jan
„
2%
24%
Co
Brewing
40
115
"
36
IV Mar
30% Mar
28% Mar
5%
8%
7%
—
Standard Cap & Seal common:
Convertible preferred
Stanett
—
Feb
•% Mar
'
'
Venezuelan
—
—•
800
13
2%
..2.78
1
10
Standard Dredging Corp common
1
$1.60 convertible preferred
20
Standard Oil (Ky)
10
Standard Oil (Ohio)— 5% pfd
100
Standard Power & Light
1
Commoa class B———
——*
Preferred
•
Standard Products Co—
1
Standard Silver Lead
1
Standard Steel Spring——
5
Standard
—
7/a
12
•
*
Apr
Apr
28%
—
'
3%
46
Apr
29%
„
*
Spanish & General Corp—
American dep rets ord bearer
Amer dep rets ord regis
4% Mar
2
1,100
1
& Bros
Spalding (AG)
1st preferred
Jan
2%
700
50
25
101% Mar
Jan
4,500
—
25
25
25
Apr
Mar
2%
3,000
3%
2%
3%
4%
3%
3%
2%
3%
4%
3'A
43%
3%
2%
3%
4%
10
10
5
Co
Line
Royalty
Southland
5
—
—
100
100
7%
Jan
Mar
96
Southern
5%
175%
241
3%
10
Southwest
2% Mar
Jan
1
300
2%
238
231
£1
100
1
1
1
1
1
25
Amer
2%
2%
44
■;oy:V-y;J'
m-m
.———
preferred
10 %
Universal
—
—
—
1
100
common
Jan
89%
89%
Ltd—
Sharing
Profit
United
United
•
preferred
Jan
21%
Jan
Simmons-Boardman Publications—
Simplicity Pattern
•
preferred
Co
Molasses
dep rets ord regis
United N J RR & Canal Co
Apr
4
Jan
2%
7,000
16%
Jan
>y%
•
Amer
Apr
Jan :.
Mar
5
500
;
•
*
of Canada.—
Sherwin-Williams
—
6%
3%
15%
91%
6%
3%
5
•
25
100
Mining
Denn
Shattuck
■*, 3%
■
Seton Leather common
A
100
A
i«
44
34%
40
75
i'g
'
U
Sentry
:v%
3,400
54,800
4,000
1
Apr
8,500
9
% Mar
29%
•
participating
Mar
>
122 :.v Mar
Jan
14,800
%
16
>6
United Milk Products
2
Jan
I'M
;
United
Jan
115 '
600
%,
iV
•
preferred
1st
$3
Jan
1,900
7/b
A
7%
61%
61%
-ft
7%
62
63%
Apr
5,900
7%
7
1
12
& Power common A.....
class B
Common
vE %
36,100
'
119%.120%
^
United Light
Jan
29%
100
Is
7
Mar
52%
7
Jan
1,300
32 %
H
7%
5,100
•.
Feb
47
60
2%
1%
32V2
119%
•
48%
11%
—
25
prior stock
certificates
25
.
1%
1%
1%
•
preferred non-voting
Option warrants
1st $7
$6
48
11%
5
Convertible stock
Jan
v; : - v ? -v
—
♦
—•
1
Shoe Co
Selected Industries Inc common
Selby
$5.50
■
1
Segal Lock & Hardware
Seiberling Rubber common
17%
1
United Gas Corp common
35
Apr
29% Mar
—
1
*
Securities Corp General
800
29%
Jan
Jan
—
—
Apr
22'%
25%
—
—
—
iV
900
35
<29'A
—
1%
Jan
%
16,700.
1%
1
32
1
33
1
—25
25
*
Scranton Lace
common
•
Scranton Spring Brook Water Service—
V $6 preferred.;
*.
Scullin Steel Co common.*
.
* ;
(D A)
Schulte
Jan
'
4% Mar
11%
Apr
—
10
*
*3%
Feb
4% Mar
Woolworth
■
300
U
Jan
1% Mar
875
2%
Jan
6
Mar
Wright
1
Petroleum
(F W) Ltd—
American
deposit
receipts.
Hargreaves Ltd
I
6V4
6Va
500
4
Jan
6%
Apr
5s
8%
8%
100
6%
Jan
8%
Apr
3Vt
4
2
Jan
4
Apr
*
—
I
3%
28,400
157
Volume
EXCHANGE
NEW YORK CURB
Interest
>.■
r.
Bid & Asked
January 1
High
No.
Friday's
Low
f
s
f
debs
3%s
s
f debs
1950
1960
1970;
2016
1961
debs
3 Vis
2%s
s
Lt deb 6s
Pow &
Amer
Writing
Amer
—
—1
1956
1953
1041/a
105
107%
107%
109%
Nor
101
J-J
1948
1949
1950
M-S
;____1968
88%
106%
6
Y State
N Y
Cont'l
4%s~;
deb
AConv deb 5s__
•;
ADebenture 5s
•
113
111
112
$105
107'A
106%
107
115%
115%
J-J
J-J
74'A
F-A
108'A
:
.
126%
Ogden Gas 1st 5s
109
107%
Ohio
1945
106
46%
62%
21
22
58
14%
22%
Oklahoma Nat Gas
19%
19%
22 Vi
259
13%
22%
Oklahoma Power & Water 5s
20%
201/8
22%
201
13%
6s
Convertible
20
20
22%
190
127/B
22%
Power
1st
mtge
3s
1st
3%s
mtge
\ 5s series C
M-S
4'As
J-D
115'A
F-A
i/.v
mtge 4Vis—
Cudahy
:
:
Fuel 4s se* A~
Electric Power & Light 5s...,
Elmira Water Lt & RR 5s
Empire District El 5s
Federal Water Service 5Vis
Finland Residential Mtge Bank—
Eastern Gas &
4s ser C
Florida Pow & Lt 5s
Gatineau Power 3%s A
General Pub Serv 5s__
A General Rayon 6s A
Georgia Power Si Light 5s
117%
119
& West 6s
Guantanamo
102%
39
85%
96%
3
96 Vi
105 %
107%
107
32%
37%
283
13
32%
38
358
13
1956
2030
1956
1952
1954
1st
7
Safe
104%
San
89
96%
5
90%
91%
335
84%
Hygrade Food 6s ser
92V4
91 Vi
92%
162
83%
92%
93
92%
94
7
84%
94
90%
90%
91
134
90%
92
23
JaQ 1949
J967
Lt 1st 6s ser A
1953
& ref 5Vis series B
1954
Si ref 5s series C—.-—--1956
Pwr &
1st
1st
5Vis—
—May 1957
Indiana Hydro-Elec 5s—
—1958
Indiana
Service 5s
1950
1st lien & ref 5s
—
J963
AIndianapolis Gas 5s A
1952
Indianapolis P & L 3Vis
1970
SInternational Power Sec—A6Vis series C
1955
A6Vis (Dec 1 1941 coup)
1955
S
f deb
E
series
A7s
A7s
—
1941 coupon)
(Aug
(July 1941 coupon)
Interstate Power 5s
Debenture
6s
Iowa Power & Light 4 Vis
A 7s
6s
Superpower
Altalian
(stamped)
Jersey Cent Pow & Lt 3 Vis
Kansas Electric Power 3 Vis
Kansas Gas & Electric 6s
Kansas Power & Light 3Vis
Lake Superior Dist Pow 3 Vis
A
1957
1957
J9^?
F
series
A 7s
Jacksonville Gas
Lt 5s
Louisiana Pow &
"
f
$107% 107%
85
x
F-A
80
110%
J-D
_
J-J
1st
1.' 102 %
87%
87%
123%
104
95%
124
i
% 103 ■;
104%
51
107'/a
104'A
105%
95
91%
40
102
97
«...
94%
94%
F-A
J-D
96%
90%
95
Tide
96
Toledo
1
r-i 0 00
111
». —
78
98%
100
6s
111%
$111
92'A
94%
City Rapid
Twin
Electric
51
United
Light
24%
111%
>
96%
96
1st lien
111
111
A-O
106%
106
106'A
J-D
105%
105% 105%
3-D
104'A
M-S
M-N
J-J
-•
111'A
104%
102
105'A
58
99%
3
94%
100
111
79%.
45%
ref 5s
Suffolk Ltg 5s__
1945
tANatlonal Public Service 5s ctfs__1978
Nassau &
Nebraska Power
6s
series
4Vis
A
Elec 5s
Amsterdam Gas 5s_
Eng Gas & El Assn 5s
Nevada-California
New
New
5s
Conv
New
New
deb
5s
England Power 3Vis
England Power Assn 5s—
Debenture 5Vis
—
Orleans
114'A
105%
7
Traction
Penn
■:$'
100% 101
-
:
j
;V;
66'A
68
;
76%
96%
7
-
13
-
79%
78
76
79%
78%
77
79%
78%
76
79%
F-A
78%
76
79%
78
78
F-A
A-O
-
w: 77-
•
J-J
;
;
64%
82 ya
65%
82
v
82%
65
107
n
82%
82
153
64'/a
82
•79
56
64%
82
31
-
65%
35
24
31
-v
i
12'/a
18
—
A-0
J-J
M-N
J-J
F-A
J-J
•
146
$14
__
101%
62
170
27%
30%
69
107'A
"
-.
u
5
14
14
'
14
■
14
14
108% 108%
105'A
108'A 109'A
108'A
33
16
107%
98
■v.
:
■
111
117
$115
■
97%
107%
51
86%
86
86%
96'A
1
109% 109%
'
J-D
J-D
A-0
'F-A
99%
A-0
116%
116%
11
F-A
M-N
96%
96%
97%
13
98
97
98
M-S
12%
15%
1951
J-D
85'A
25
112
108% 109
11
106%
...99% 100
93
96%
•
112% 112%
116
'-
.
•
2
108%
109%
115
8
98
100
109'A
87
112%
109
100%
116
117
95%
97%
96
99'A
18%
26
1964
2030
1960
5s
6s
16%
16%
—
—
stamped extended to 1959
1937
1947
Rys Co 5s fitpd
4%
15%
108%
109'A
110%
311
$108% 110
'■
•
$108% 110
110%
J-D
A-0
J-D
109%
$108
1027/a
117% 117%
S;1
92
$91
85
118%
^
81%
82
*X\:-
■:
92
72
75
4
95
$82%
:
85'A
63'A
92
F-A
F-A
3-D
107
110
81
73%
82
26
25
•,
unstamped extended to 1959
JAYork
22%
30 7
14%
'
Newspaper Union—
Western
108%
25%
30
19
30
80%
58
Stamped
5s
23
23
58%
36
1
108
59
J-D
■-rr
26
74%
124
47%
A
-
106%
Foreign Governments & Municipalities
80%
47%
108%
107%
16%
25
46
2
10
8
25%
59
107%
$106% 110
106%
$122% 126
122
123
York
Curb
Week Ended
Friday
Last
Interest
Exchange
April 9
Week's Range
or
Friday's
Sale Price Bid & Asked
Period
V
Bonds
Sold
Range Since
January 1
106%
M-S
New
109
J-D
M-S
$112% 113%
J-J
112%
113
109% 109%
A-0
J-D
20
108%
1
108%
109%
108% 109 Vi
14
108%
110%
F-A
96
95 Vi
96%
M-8
$100% 101%
M-N
9
Low
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A20-year 7s
_„Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
86%
110%
110 % 110%
5s
101
Danzig Port
110%
109%
11
$100% 101%
J-3
Extended
98
100'A
— —
111%
100%
60%
94
107 %
107% 107 Vi
6
105%
107%
J-D
106 Vi
105 % 106%
4
103'/a
106'A
Alssue
108% 108%
1
107»A
109
Alssue
105%
105% 106 Vi
36
103%
106 %
AMortgage Bank of Chile 6s
112
111
111
113
Mortgage Bank of Denmark 5s
58%
112
49
101'A
59%
M-S
9
60%
100
F-A
100%
12
98
100%
26
109
26
2
109
110
10
108
115%
12
114%
26
1981
M-S
1947
1948
1950
1961
1948
M-S
58%
58%
60 Vi
J-D
58%
58%
M-N
58
1
107%
A-O
90%
88
90%
97
76%
90 %
1954
J-D
91%
89%
92%
62
82'A.
92'A
J-3
99
113%
99
100
113% 113%
58
75
97'A
4
113%
49%
60'A
50%
60
A5 % s
114%
112
60
26
60%
61
108% 108%
M-N
50
-
17
52
44%
52%
48
42
48
10
15%
3
20
10
$21
—•■*•
28%
15%
35/
16%
20..
32
35
35
18
20%
7
45
47
3
22%
34%
17
29
$35%
47
11%
20
32
$35'A
J-D
J-D
M-S
J-J
J-D
J-J
10
10
15
35
i'v
■
47
47
34%
34%
27
29
11
3%
4%
287
2%
105% 106
^
104,
-
-
1921
4%
3%
4%
159
2%
4%
100
60%
109
♦No par
r
Cash
sale,
106
value,
a Deferred delivery
x Ex-dividend.
$Friday's bid and asked prices; no
A Bonds being traded flat.
sale,
d Ex-interest,
e Odd-lot
sale, n Under-the-rule sale.
.
sales being transacted during
current tveek.
{Reported in receivership.
cumula¬
above—"cod," certificates of deposit; "cons," consolidated; "cum,"
convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates,
"wi," when issued: "ww," with warrants; "xw," without warrants.
Abbreviations used
tive; "conv,"
J-D
6'As
14%
117 %
12%
2022
1956
1948
A-O
Government
48
47%
46
20
19
J-D
High
47%
15%
A-O
7s
de Janeiro 6'As
47'A
34
M-N
1931
1972
1958
1959
1919
Low
No.
-
$10
M-S
M-N
(State)
ARussian
110'A
115
F-A
ARio
—
J-J
of May 1927
of Oct 1927
AParana
P
High
$17%
$44 ,:U
M-N
F-A
& Waterways—
6'As stamped
A-O
—
J-D
1952
ALima City (Peru)
6'As stamped_1958
AMaranho
7s
1958
AMedellin
7s stamped
1951
Mortgage Bank of Bogota 7s
1947
AExternal
$47
A-0
J-J
1955
1953
5'As
108
$108% 109%
Public
*
•
67
1
111
107 Vi
103%
52%
106%
1954
4
108
58%
'
'
BONDS
J-D
103
«
$100% 101'A
I'.Ji'fAi
104%
108%
5
113
69
.67
106
106%
r
103'A 103'A
67%
7
debs
income
A5s
112%
103
J-D
Service— AIncome 6s series A
.—Nov 1949
New
$ 107 % 108%
1952
Wash
'
J-J
103%
102%
Waldorf-Astoria Hotel—
West
45%
105
3
15
1944
2022
86%
79
103%
-
105% 105%
-
103% 104
1946
4'As
85%
101
17%
M-S
103%
$103% 104%
1960
1956
2022
1979
1968
series A
80%
23%
M-N
&
gen
6s
80
$24
J-J
1st
Mississippi P & L 5s__—j.
Mississippi River Pow 1st 5s
&
lien
Debenture
1
j-3
103%
100'A
F-A
J-D
1952
10
$24
100%
5
—
A
series
6s
31
7
21
103 %
105%
A-O
A-O
90%
103%
1959
Co—
& Power
5'As
83"%
$24
131
85%
103
103
M-N
1946
cons
84
106% 107
V:—:■/■'
131
-.103
103%
A-0
J-J
J-J
M-S
A-0
f--
F-A
.M-S
r
114
V
4
89
1949
Ill
^
89
F-A
\
110%
$58
J-J
1957
.1950
4s
102
F-A
1955
4Vis
Minnesota P & L 4Vis—
&
J
83%
17
1957
1951
Milwaukee Gas Light
.
1957
Transit 5%s
N
83
84
J-D
6Vis.
...•
84
79
34
83%'
$127% 130'A
A-0
1989
Ry & Elec 4s
Wash Water Power 3'As
West Penn Electric 5s
102
102
3-D
1965
1943
1943
1967
1978
series
J-D
A-0
1970
2022
6s
U-N
G
4s
M-S
1951
Utah Power & Light Co—
104%
99%
99%
83%
106%
17
104'A
103
99%
F-A
A-O
;
iio%
23
111
101%
110% 111%
J-D
1952
(Delaware) 5%s_1952
United Light & Railways (Maine) —
1st
2
A-0
M-N
Midland Valley RR 5s
A-0
3'As
Edison
United
91
6
1947
1971
Middle States Petrol
1952
101
101%
93
23
94%
J-3
1948
conv
102'A
5s
Power
Water
80
111
93
4 Vis
Metropolitan Edison 4s E
Co
100%
Light 5s
44
6
A-O
j-3
Radiator & Mfg—
stamped
Mengel
102%
26
A
19%
'''],.■•
24%
A-O
1952
1958
1957
70
91
51
103
101'A
United Lt & Rys
1952
1957
1963
1942
19®5
1966
2022
1969
1966
57
82%
101%
8
5s
Service
Power &
series
6s
2
50%
i
Electric
26
$24
""
41
Industries—
stamped
Texas
68
$79%
J-J
M-N
6s
2nd
7-4s
96
100
;
102%
ions 102
(Hugo)
Stinnes
93%
1:
90
109% 109%
109'A
3-D
154
102
M-N
J-D
debentures
Standard Power & Light 6s
AStarrett Corp inc 5s
Stinnes (Hugo) Corp—
7-4s 3d stamped
Certificates of deposit
68
:
•
M-N
J-D
gold
95%
M-S
J-J
6s
Texas
19
95
110'A
:
•
95%
109'A
138'A
May 1948
—May 1948
1951
Dec 1 1966
(stamped) j
■;
6s stamped
Debenture
100
75
95%
M-S
89
106'A
4
6s
Conv
6s
105
48
/
L
P &
Debenture
106
51
$108'A 109'%,
154
Spalding (A G) deb 5s
Standard Gas Si' Electric—-
101
1;
94%
100
J-D
111%
152
Rys 4s
Southwestern
& 79
—
$__
.A/''
112
77
89
152
——..1971
mtge 3s
Indiana
85
79%
104
94%
>:
__
v'
,
105%
1951
Shawinigan Water & Pwr 4%s
1967
1st 4%s series D
1970
Sheridan Wyoming Coal 6s__
1947
South Carolina Power 5s
1957
Southern California Edison 3s
1965
Southern California Gas 3%s
1970
Southern Counties Gas (Calif)— - vfv.A
92
82%
:&.v; 1
105'A
V';: $107% 108
104% 105%
94%
A-0
J-D
_
...:$88%
—
100%
110 '/a
111
;'V 18
<
106%
Southwestern Gas & Elec 3%s
£ MM
104%
J-J
110'/a 111
103'A
1951
123%
456
$53%
M-S
106%
97%
$112% 114%
—••
M-S
1
1979
121
95%
•/• 104:
104
M-N
105
3
7
6s
Southern
73
105
.:
M-S
,1
100'A
32
4Vis
Estate
103%
87%
123'A 123%
M-S
Real
108
92 y8
■
106
1950 7
1950
101%
;
•
4
102% 102%
95%
115
P 1
•
1949
105%
>86%
.
108
108%
111
5
•
106% 106%
—
Harbor Water
6s
87
105%
45
100
•
...
-
112
105% 105%
$108%
.i.
104 'A 104%
C
3
215
91'A
797/a
102%
M-S
F-A
107'A
Ill
106
'■>A
106%
&
series
1
/;
90
93%
120%
109%
1
.
JX
123% 123%
M-S
93 %
v
86
*.««•'
••
102% 102%
Vi
35
107%
105%
M-S
Joaquin Lt & Pwr 6s B
Danish
McCord
•'
3-D
Scullin Steel inc mtge 3s
119
>110% 110%
J-D
3%s
Power
Idaho
1958
_1948
Jan 1949
A
series B
6s
111
1950
3Vis——
Houston Lt & Pwr
$105% 106%
__
105
J-D
3-D
ref 4%s series D
ASchulte
; 91%
$119%
P
5s
ref
5Vis series A
103
96%
90
103%
30%
102%
1969
54
102
90%
'
&
100%
103%
$101
$104% 106%
3-D
2
29
34%
1964
1949
4s—.
certificates
L 5%s
perpetual
Sound
&
45%
28
53'A
50%
S 95%
F-A
34%
103% 104%
..v.
104'A
Queens Borough Gas & Electric—
100%
100
100 %
$100
A-O
101%
of New Jersey—
Service
1st
38
,
1959
4%s B
(Can)
mtge 3%s
Puget
37%
34%
J-D
101'A
15
-
* 7
.
Public
M-N
1963
1945
5s
{AGuardian Investors
Corp
6s
Sinking fund deb 4s
34%
J-3
109
100%
110%
1st
M-S
1941
1950
.
'•
A-0
103
A-O
—19 <8
—
M-N
;'
M-N
Power
J-D
1948
A
M-N
E
5s
F
104
96
J-D
110%
102%
2
102% 102%
1961
Edison
series
103%
M-N
109%
3
101
A.
1956
4%s
Public Service of Indiana
J-D
11
107%
Public Service Co of Colorado—
107
M-S
110%
100
1027/s
A-O
1965
§AGobel (Adolf) 4Vis ser
Grand Trunk West 4s—
Great Nor Power 5s stpd
Green Mountain Pow 3%
Grocery Store Products
J-J
1977
Co—
105
A-O
1953
Coal 4s
■
J-J
Transit
101%
50 Vi
109%
106%
107
M-8
116
'
Alden
Glen
1964
extended
stamped
103%
96 Vi
F-A
1961
1966
1954
1969
stamped
6s-5s
Florida Power Co
■
1950
5s
12
J-J
1944
1955
:
5s—-—•
Packing 3Vis—-——'
114%
J-J
1958
Gen
F-A
1962
119%
M-S
1954
Cuban Tobacco
1955
1979
30
J-D
(Bait City)—
Continental Gas & El 5s..:.
5
$103% 104 y8
M-N
-
108
107'A
105%
101
_.v;..
J-3
6%
'
106%
6
•—
:
110
F-A
5s
102% 102%
104 Vi
M-S
1949
A_——.—1951
Consolidated Gas
Light
$102% 104
104% 104%
A-0
—
1971
1969
1976
1948
■
Pennsylvania Water & Power 3Vis. 1964
3'As
1970
Philadelphia Elec Power 5Vis
1972
$150
—
& Pr 7s
Consol Gas El Lt & Pr (Bait)-*3'As series N——_—
"■
1st ref mtge 3s ser P_j
1st ref mtge 2%s ser Q—
115% 115%
J-D
—
Connecticut Lt
97
$118% 120
M-S
1953
1964
i A Central States Elec 5s
1948 *
A5 Vis
—
!954
Central States P ft L 5%s.
1953
§AChicago Rys 5s ctfs_——_—:~1927
Cincinnati St Ry 5Vis A
1952
6s series B
-i--—
1955
Cities Service
5s
Jan 1966
Conv
deb
5s
1950
Debenture
5s
1958
Debenture
5s
1969
Cities Service P & L 5Vis
1952
109%
109% 109%
$105% 106%
A-O
5s
1st
100%
108%
119%
117
"
Q-F
Northern Power 5s.;
Central 111 El & Gas 3%3~
-
108
100%
M-N
Canada
5 Vis
106%
Aug 1955
Park Lexington 1st mtge 3s
Penn Central Lt & Pwr 4 Vis
Potomac
1954
107%
41
106% 106%
109%
A-O
Philadelphia Rapid
117
1970
:
5s
Broad River Power
108%
;
.
*98
M-S
1968
:
2%s_.
Edison
Boston
108
J-D
1998
1962
6s
Birmingham Electric
108
.
1960
6%s__"
Bickford's Inc
'
"■
108
107%
5
J-J
108
1957
—
75%
18
"
83
28
82
"
&
Power
4s
3%s B
Portland Gas & Coke
—
Bethlehem Steel
Public Service
Pacific
22%
72%
4
22 Vi
14
6
21
81%
F-A
M-S
.
Telephone of Canada—
1st M 5s series B__
—.
54%
22%
A-0
Bell
19
"108% 109
"106%
A-0
1962
62%
M-N
1968
1971
Vi
59 JA
59%
1950;
Work?—■
Baldwin Locomotive
„
75%
74
108%
"
125
2
108 Vi 108
108 Vi
1947
warrants—
without
5s
■
$115%
.."
1954
-.1948
'
5%s
F-A
1964
High
$111
J-J
1969
5s
Utility
42
J-J
1977
1955
1955
SVis-A^i—
Assoc T & T deb 5'As A
Atlanta Gas Light 4%s
Atlantic City Elec 3%s
Avery & Sons (B. P.)—
deb
AConv
Low
M-N
7':'.
AConv
January *
No.
1964
3%s series A
1st
Ohio
{Associated Gas & Elec Co—
AConv deb
4'As__,
:—
Range Since
Sold
High
2004
Gas 3%s
Elec &
Westchester Ltg 4s
&
Debenture
91%
125'A
125 '
Bonds
Friday's
Northern Ind Public Service—
96
6
107'A 107 Vi.
-•107%;
A-0
4%$--
Elec
Associated
J-D
J-J
& Lt 5s
Pr
103%
166
91%
91 Vi
91%
or
Low
7
•
109 Vi
100 Vi 101
101
J-J
1970.:
2024
Elec Pow 3%s_
Appalachian Pow deb 6s__
Appalachian
Arkansas
109
Week's Range
Last
Sale Price Bid & Asked
High
2
107% 107%
M-S
,
6s
Paper
J-J
J-J
Interest
Period
"
April U
Low
12
103 Vi 103%
103%
J-J
Exchange
Curb
York
Week Ended
N
& Electric Co.—
American Gas
New
Range Since
Sold
or
Sale Price
Period
Week Ended April J)
Bonds
Last
Friday
BONDS
.
Exchange
Curb
Week's Range
Friday
BONDS
York
New
1349
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4167
"
THE COMMERCIAL & FINANCIAL CHRONICLE
1350
Monday, April 12, 1943
OTHER STOCK EXCHANGES
Chicago Stock Exchange
Baltimore Stock Exchange
Low
Par
Arundel
Corporation
Transit
Baltimore
1st
& Power com.'
ConsoL Gas Elec Light
4% f'/c- preferred
1.70
4.220
9%
10%
Fidelity & Deposit
t c
v
com
;
*
1,953
59 %
-
116
&
Water
Power
114%
11
Apr
Mar
Laboratories
Steel Co
Acme
Adams
Jan
Jan
62% Mar
116%
Apr
Advanced
35%
Aetna Ball
Feb
Allied
Jan
Allied
Jan
38
Feb
American
Apr
Armour
1.00 Mar
211
1.10
9%
1.10
25 Hi
83
V
Jan
25% Mar
77
Jan
84
Asbestos
XV:
622
26%
22
Jan
26%
Apr
Jan
14Va
Apr
1
6
Jan
7% Apr
:
2%
J an
6%'Apr
35c
Mar
42c
56%
120
51 %
Jan
58% Mar
Barlow
32
302
29%
Jan
32% Feb
&
$87,500
51%
49
34,150
49
55%
55
60
Co-
Tel
capital
Mai-
Mar
54%
Jan
60
Jan
&
v
American
•
Tel
Woolen
&
.
142
5 r/o
144 %
142
High
Low
Jan
26%
Apr
127 %
Jan
144'/8
Feb
101
17%
2,111
26%
o
°
7
7%
60
4%
Jan
7 %
Apr
50
_*_:
29
31%
3,147
24%
Jan
31%
Apr
11%
12
Jan
12
Apr
.—**_*—
Anaconda Copper
& Son,
Inc.
Boston
&
Boston
*
—
Boston
Elevated Ry
Boston
Herald Traveler
Boston
&
93%
92%
94
28%
28%
30
63%
Corp
63%
64%
15%
17%
94
Apr
Jan
30
Apr
62%
886
17%
Jan
24
2,656
100
*
_
81%
123
25
Albany RR
9
501
100
Edison
(E
440
Jan
Jan
14
67
17%
Mar
Apr
RR—
100
6% preferred —.——*
.**—100
stamped *—!—
—
—100
5'.}/ class A 1st preferred—-—100
stamped,
——100
8Vo class B 1st preferred—!„—100
stamped
————100
l'/o class C 1st preferred—100
stamped
*—100
10% class D 1st preferred—
.100
stamped
_100
7%
:
Y
&
6
v:
5
Hi
3
5 Hi
Apr
Jan
6
Apr
1
Jan
7%
Apr
400
'2
•
,
7%
60
7%
1,014
7 %
13%
5 %
8%
XI
Hi
Jan
6%
Jan
7%
Apr
2
Jan
5%
Apr
3 Ha
Jan
7%
Apr
lHi
1,265
5 Hi
6
'
Mar
2%
.
Apr
20
,,,
4>% Mar
5 Hi
Apr-
988
!;•
8%
Apr
13%
13%
220
31
Prop Trust
——*
RR.-l———100
„;
6%
,
5%
Providence
Calumet & Hecla
6
Feb
Jan
1,059
7%
6%
1%
1 %
5%
!
Apr
780
,■
6
6%
-
„
_
Personal
Boston
__
;
31%
42
5%
5%
6%
"
;
Jan
337
3
4
8%
3,787
31%
3
6%
—
Boston
27
27
3
5%
5%
6%
prior preferred
31%
40
2%
Jan
11%
Jan
13%
Apr
23
Feb
31%
Apr
9 %
1,512
6%
Jan
9%
Apr
9%
53
3%
Jan
9%
Apr
7%
295
4 Hi
Jan
7%
Apr
2%
166
%
Jan
2%
Apr
107
42
Jan
59
Apr
114
19%
Jun
33
Mar
3%
1,410
2%
Jan
105 % 105%
15
8%
-
12%
_10
Service
Range
Copper
Co
__
*
6%
*
2 %
1%
57%
57%
59
32
33
Fuel Associates—
Gas &
Common
—
_
-100
100
Eastern Mass Street Ry common
100
6% 1st pfd series A—
——-100
6% preferred class B—
100
5% preferred adjustment
—100 %
prior preferred
4%%
6%
preferred
—
3%
35
10
:
50
35
10
&
10%
492
Eastern
common
Group
Public
*
Association
Lines
SS
Employers
•
1
Jan
98
3%
110
Apr
Feb
25
Jan
36
.6.
Jan
11% Mar
Mar
9%
11
2.410
8% Mar
11
Apr
34 %
195
27%
Jan
34%
Apr
%
6 %
1,069
2%
Jan
6%
Apr
35%
38%
397
31%
Jan
38%
30.70
30.70
*
36%
—
33
5
36%
Capital
General
Electric
Corp
-—
7%
—•
Gillette Safety Razor Co
7%
50
26.08
Jan
30.70
Apr
2,244
38
30%
Jan
38%
Mar
Jan
8%
Apr
133
8%
Eakeries class
$7
preferred
conv
.*_*
B
—.
Isle Roy ale Copper—
Kennecott
Lamson
*
5
(Del)
common-
25
Loews Boston Theatres
55c
44
•
15
;
Copper
Corp
'*
—
.
1
—
4%
—
875
35%
1,905
15%
16
5%
100
25%
25%
1
1%
5'!o
preferred
Util
Associates
vtc——
1%
42
*
35
45
33%
4%
5%
Mass
375
82c$ 1 %
Maine Central RR common——.-100
Mergenthaler Linotype
60C
175
5
4
6%
-
37
Feb
Jan
75c
28%
3
Feb
Apr
Feb
Jan
185
Apr
!
12%
Jan
12c
Jan
35%
Jan
Tunnel
National
New
N
100
:
—
2
Apr
722
86
Jan
100%
1%
5
1G
962
1
1
56c
41C
65c
21,032
24c
50c
50C
60C
212
15c
*
23%
23"%
26
260
50
28%
23%
32%
1,603
25
RR
Assn.
1%
1%
1%
590
11%
265
9%
—*
—
11%
—*
Webster Inc
&
Stone
'210
100
Quincy Mining Company
Shawmut
2%
99% 101%
5
2.50
Mills
Pennsylvania
Jan
2
-—100
& Hartford RR
Colony RR.
Pacific
Jan
6%
4%
8%
„0
Mines
&
North Butte Mining
Old
3%
809
4%
8%
—
England Tel & Tel—
Y N H
260
10%
1
5
Narragansett Racing Assn Inc
8%
11%
8%
19
Jan
Jan
Jan
Jan
23%
Jan
66c
Jan
9%
Jan
Union
*
(The)
Co
Drug
United
Fruit
1,861
5%
Jan
760
29 %
Jan
S
Rubber
Metal
32
195
10%
10%
11%
438
65%
65%
67%
673
5
Co—
6%'cumulative
Utah
33
5
Inc
United Shoe Machinery
U
32
.*-*
Drill
Twist
United
33
30 %
25
67%
66
68%
25
Corp
preferred
—
30
—
45%
46
37 %
39%
30c
44C
10
-
1
& Tunnel
„
40c
5% Mar
16
6%
27%
1%
43
Apr
Jan
31
Apr
Apr
Apr
Apr
5
10%
Jan
6
5%
5%
6%
13.750
3 Hi
Jan
6%
12%
100
9
550
12%
Mar
2% Mar
101 %
Apr
2% Mar
65c
1
Apr
Mar
Ring
19%
14
37
/:
9
Hi
Jan
Jan
13 Hi
Jan
15H<
Feb
5%
Jan
9 %
Apr
r
39Hi Mar
»
3 9 Hi
Vermont
Holding
&
Mass
1
100
Corp—
Ry Co
—
—
1
96%
1
96 %
27% Mar
32 %
Apr
1% Mar
12% Mar
9%
33
Apr
Apr
37
Feb
Jan
11%
Apr
68%
Jan
63%
Jan
69
Jan
42%
Jan
46
Apr
25%
Jan
39%
Apr
23c
Jan
46c
Mar
100
10
Secur
Convertible
Central
Serv
System
*
Westinghouse Electric
_*
9
50
Inc
—
9
927s
9%
94%
265
389
1
90%
6 Hi
750
4 Hi
Jan
7
Feb
5%
5%
5%
750
4
Jan
5%
Apr
17
17%
400
13%
Jan
30
3 2 Hi
6.500
26%
Jan
33% Mar
16
17
200
13
Jan
17
13
30
'
*
3 •!•.
5
;
13%
300
12
Mar
15
Jan
3%
350
1%
Jan
3
% Mar
16%
350
12%
Jan
3%
Jan
Income
Maine
3
15%
15%
Cherry
$6
1970
—
52%
54
$7,000
3,500
5%
Jan
15
20%
Jan
*
19%
10%
130
15%
Jain
19%
•
77%
78
110
69%
Jan
83
l.iuo
i#
Jan
4%
8 %
Burrell
Pr
&
Lt
Corp
Convertible
cap
i
1
7,700
«
*
common.**..
39
For footnotes
see
page
1355.
—
104% 104%
4,000
8Ha
Apr
Mar
25
:i~5
common
_
;
41%
44%
•V'-*
! 105
.
Apr
150
9 Hi
Jan
2
Jan
43
7%
Corp
Chrysler
Jan
Mar
45
Jun
108
104
30 >
Cities Service Co.
80%
„10
common.*
Commonwealth
Edison
Consolidated
Biscuit
Consolidated
Oil
Consumers
V t
common
8%
Corp
Mar
40%
Jan
54
Apr
103%
Jan
104%
Feb
Jan
Jan
14%
30
11 Hi
Jan
14%
76%
459
67%
Jan
76%
Preferred
Co
;
■
3 Hi
Jan
1%
Feb
2%
24%
'8%
9 Via
2%
2%
24
•
10
3,750
:
100
24%;
"
,4
•
*
*—50
15
20
19%
—/■
Amer common
Continental Steel common..*
Crane
24
tk
100
_———
105
6,150
21%
Jan
650
2%
Jan
7
Jan
4%
9%
11
;;Y
6,850
>
16%
19%
24%
24%
310
22%
•
:
10% Jan
463
16%
Jan
25
•
19Ha
Jan
20
105
17Hi
*.30
common.*—
15
17%
19%
405
14%
Apr
Jan
__
25
common
Packing
Apr
Apr
9% Mar
Apr
Jan
4% Mar
.11
Apr
17
19%
460
10%
Jan
105
105
16%
Apr
-22%-Mar
24Ha
105
Apr
Apr
19% Mar
19Ha
Apr
7% cumulative preferred—**—100
Cunningham Drug Stores
—2%
90
90
93%
480
83
Jan
94% Mar
20%
20',4
20%
250
17
Feb
20%
common.—*—!
15
15
15%
450
11 Ha
Jan
15Hi Mar
Dayton
Rubber
Mfg
(Alf)
Cohn
&
&
Co
Diamond
common
Motor
Dixie-Vortex
Co
common
>
Household Util Corp
Elgin National Watch Co
Eversharp Inc common
Morse
Mfg Co
Co
Denver
General
Foods
General
Motors
Feb
38%
130
38Hi
Apr
>5%
6%
2,600
31% Jan
3% Jan
Lakes
Dr
&
41 Hi
Mar
250
Jan
11%
9
200
200
17
__
4%
:
16%
43%
■!,
14
125
37%
Jan
120
34%
Jan
40% Mar
1,570
44 Hi
Jan
51%
3%
3%
3%'
500
3%
Feb
4
7Hi,
8Mb
350
4%
Jan
8Ha Mar
4%
Jan
•
_*
Dk
250
5%
36%
311
25
Jan
11%
12%
; 450
10
X Jan
19%
19%
21
1,250
17Ha
Jan
21
Apr
15%
15%
50
12%
Jan
15 Ha
Apr
33
33
33
80
25
Jan
33
12%
12%
11%
Feb
Apr
12% Mar
12%
15%
Jan
15 V8
1 %
1%
—*
B*
13%
—_1
__
200
1,740
10
1,100
jij
J an
Jan
15%
Jan
23%
Feb
11%
Jan
16%
Apr
4%
Jail
6%
1
1.150
23
500
19
15%
16%
450
1
5%
5%
250
69%
72%
242
63
Jan
73% Mar
6 8 Hi
70
529
57
Jan
70
*
*_
3
—* 5
—*
—1
c-
"A"
Lamp
com
preferred
3%
1% Mar
170
17%
100
17%
Apr
11%
12%
495
9%
Jan
4%
500
3%
Jan
7%
700
5%
Jan
4Hi
Jan
14
Apr
Feb
98
Mar
—
4%
7
„
13%
100
96%
14
9 6 Hi
9 6 Hi
150
30
!
96
%
Feb
1%
100
3
3
250
27/a Mar
"
7
Lincoln Printing Co common.—.
•
$3.50 preferred
*
Lindsay Light & Chemical common—♦
Lion Oil Ref'g Co capital.—
*
Liquid Carbonic common
Loudon Packing common..—*
*
Mapes Consol Mfg capital—,
—*
25
25
10
24% Mar
Univ common——5
1%
preferred
Libby McNeill & Libby common
6%
—•
Rad
1%
Co
class A
*
*
14
4
4
,
7%
l3/a
15%
4
15,450
5
Jan
common
7%
Apr
1% Mar
3%
25
7%
Feb
Jan
Apr
300
%
Jan
1% Mar
90
9%
Jan
16% Mar
27/a
Jan
4Va
Feb
Apr
16'/a
18
95
12%
Jan
183/i
18%
16%
19%
220
157/a
Jan
19% Mar
2,900
2%
Feb
6% Mar
10%
6 Ha
29%
50
28
Mar
29% Mar
13%
14%
450
10
Jan
14^8 Mar
16%
13%
6%
29%
6%
,
16%
420
13
Jan
16 Hi
Apr
10%
10%
50
9%
Jan
10%
——
1
Apr
1,250
1%
Jan
2%
„
3
3 Ha
Feb
4%
4%
650
5
*
8%
7%
9%
51,850
4%
Jan
11%
11%
11%
4,150
87/a
Jan
West
Corp
United
capital—;—*
conv
pfd
4
3Hi Mar
4 %
Mar.
9%
Apr
ll7/a Mar
Utilities—
prior lien
&
4Hi Mar
500
Mickelberry's Food Prod common.*—1
l'/o
17% Apr
12Hi Mar
Manufacturers Sec—
A
Class
& Mfg
6 %
14
—
common
Apr
2%
17%
Cumulative
Field
3 Ha
3Hi
*
Exten
Feb
Mar
17%
__
1
*
*
Co common
Switchboard common
Salle
Apr
preferred—:—.!**
$6
Kentucky Util Co 6%
La
SHi Mar
150
15%
22%
3
common
.—
&;
%
7Hi
3%
12%
*
*,
common*
Harvester
Tube
A pi-
17/b Mar
22%
.*.100
Drug
Ken-Rad
Apr
12% Mar
*—*
Products
Mfg Co v. t
(W B) Co capital
Kellogg
Jan
36%
12%
10
Fireman
Katz
5% Mar
5%
34%
nHi
*
Inland Steel Co capital
Jarvis
Apr
Mar
! 34%
•
capital
Power
'
*
com
class
.
•
common...
Indianapolis Pwr & Lt common**
preferred
Mar
51 %
Independent Pneumatic Tool v t c
Iron
7 H»
39%
Illinois Central RR common
Interstate
3% Mar
6%
48%
Hupp Motor Car common
International
44% Mai-
100
38%
common
Steel
16% Mar
Jan
Jan
48%
Inc
Indiana
4 Hi Mar
10
•.
Horders
Co
Apr
Jan
2
•
*
...
Spencer Bartlett common_*_25
Brick
Apr
11% Mar
17
Jan
3%
100
16%
43
Jan
Mar
6Hi
15
850
4%
7%
3%
Printing Co common—.10
IIoudaille-Hershey
Feb
36
7%
common.
W)
33%
41%
11%
16%
t
1
common
Adv
(H
Apr
1,850
Safety Razor common*
Co
Feb
15%
6
common.!*!!—*
Corp
Outdoor
30
23
1,250
11%
Apr
Jan
Feb
450
15%
10%
6Ha
Apr
Hi
28
14
3%
Goodyear Tire & Rubber common
Hall
12
3%
common
Goldblatt Bros Inc
Great
13%
********—10
Preferred
Gossard
Jan
Jan
15%
4%
common——5
Corp common—
Finance
General
10
10
11%
•
common.—
General American Transp
Apr
200
700
17
_1
common—
Apr
16Ha
13Hi
10%
5
common.
4
36% Mar
Jan
11%
41
•
,
,
13%
27%
15
D common..*
&
D
Brewing
(Peter)
Fox
5%
Auto—*———10
Drive
Four-Wheel
5
-—15
*
Jan
9
38%
.——1
common
Con
Simons &
Fitz
>
Jun
26Ha
235
4
Apr
11>
13%
.
Mfg Corp common
*X
_*
Eastern Air Lines Inc.,—1
Dodge
Electric
2%
475
16%
3%
2
common.,
35%
15%
*
Car
'150
33%
—10
common—
T
McWilliams Dredging common
95
Apr
Co—,
Container Corp of
Cudahy
~25
..
pfd partic shares—
c
2%
,
common
McCord
Jan
43
74%
Aluminum Utensil common—*
Club
Feb
Apr
Feb
4% Mar
14%
5
common
Apr
9%
Feb
11%
42
90
105
v.,
Apr
Hi
4
■
1%
Jan
Apr
13 Mar
103%
38%
1.250
45
44%
105
is£;
3 Hi
26.800
4%
9%
Jan
20
4
11
io7i
v'-f 3%
41%
_
preferred
'V;
3 %
*
26
38
•
*
Jan
Apr
v Mar
j3 Mar
Jan
92%
103%
XX 4
!*.l
_
i"u
120
340
103
m
preferred.
Jan
6
600
9%.
50c
Yellow Cab capital.
Chicago
u
'
,
>_•
com
preferred*-*—*
Towel
Chicago
Miller
1948
Mar
4% Mar
550
8%
pfd
96%
Eastern Mass Street Ry—
4%s series A
16%
4%
,*.
Util
West
Chicago Corp common..
Midland
A
-
24%
*___*_
States
Midland
ser
Apr
8%
1
10
Feb
RR—
mortgage 4%%
17% Mar
.24%
—
preferred——
Central
Middle
<fc
.-j'i?
—30
Jan
BONDS
Boston
Feb
6%
L!!
common*
preferred
South
&
Prior lien
Merch &
Waldorf
Jan
34
555
12% Apr
'19 %
.
6%
*
Hart $1
Common
stock
2%
2%
100
2
Jan
3
Feb
9%
9%
9%
950
8%
Jan
10
Jan
1%
1%
1%
2,900
1
Jan
.—100
prior preferred—10
v t c—
—*—*
:
16
v.
9%.
■
37
V
„.5
„*
Pub
Marshall
Venezuela
'
1,600
14 Hi
9
Apr
:_l
common——
Illinois
$7
28
376
••
Mar
1,100
12%
18%
14
!
5
common....
Illinois
Illinois
Apr
Apr
61% Mar
7%
,
lHi Mar
2 Hi
Hibbard
1,122
6,650
13 Hi
Hi
250
Leath & Co common—
Torrington
';
*
1.550
r
Nash-Kelvinator
' Jan
10-
800
"
1% 1
1
L)
Central
Gillette
1%
2%
430
Apr
35%
Jan
2,954
45 '
Apr
Jan
14%
1%
60c
Mar
96
27%
43
15c
725
;
H
Wire-
General
Hathaway
Apr
Jan;7!:
5%
capital.——
Central
Gardner
General
Apr
6
t
Campbell Wyant & Cannor Fdy
Fuller
•
National Stores—
First
Apr
144%
13%
18 Hi
common..
Brothers
Apr
—1
Service
36Hi
Jan
1 Hi
!_**,
(E
Fairbanks
Engineers
12%
V
10
.
cumul conv preferred
Deere
—
Jan
3
5%
common
J)
Decker
Eastern
—
25%
128 Hi
12.150
6
1 Hi
—
Cities
4%
5
preferred!—*!!;
Convertible
Maine
625
Apr
5%
—
Preferred
Bird
'
1.177
3 6 Hi
17
28% Mar
Range Since January 1
High
Low
„25%
—-—,——100
Tel
American
American
Par
—100
Sugar Refining
-A"
Piston
Butler
Shares
of Prices
.
Jan
3
_
common
Corp
Fence
Co
Burd
for Week
Sale Price
13% Mar
'
Jan
4
—
Corp.—
Sons
&
Common
Sales
Range
Jan
25%
*1
common.—*.
Laughlin Inc
Warner
Bruce
official sales lists
from
Last
STOCKS—
5
—«
common
Co
Radio
Class
Exchange
Week's
W;
12%
50
142% 144%
•
:
.
common——__1
Brewing Corp—;
Binlcs Mfg Co capital—
Brown
Friday
11
150
'
400
17
28
33%
34%
P
5
Berghoff
Borg
.
V!
1.900
»
13
16
28
_100
(Delaware)!——_
Aviation
Brach
vV
5% V. 6%
16 % !•
•
Co
Seelig Mfg class A coin—5
Mfg
Bendix
Bliss
to April !) both inclusive, compiled
700
13
•
—.
Boston Stock
:■!!' ! 40
7%
5%
!
13%
7%
•
,**
common.
Blessing
Belden
51 %
5
:
Mfg Co common—*
Wheel capital-
Bastian
42c
59%
April 3
13%
7%
Mar
Apr
100
54%
31 Hi
42c
Co
Aviation Corp
54%
1973
4s
10
*
;
Truss
31%
•
—_——1975
Transit Co
50
common
Equipment Co
Belmont
5s series A
C2Hi Mar
Jan'
'
Bonds—
Baltimore
Jan
41%
common
Mfg
&
Tel
&
22
Athey
25%
.
51%
10
Corp common——_10
Chalmers
Aro
Apr
High
345
49%
'
260
84
Bearing
Low
62%
49 Hi
common-—.
Laboratories
Range Since January 1
High
60 Hi
—25
Castings
Products
39
25%
83
Alum
131
Jan
50
-
Mfg
Low
Shares
•
common
common-*
(J D)
Mar
6%
125
69
38
25%
25c
.
com
Fidelity & Guar
1.70
Abbott
*
Oil Co
American
Penna
Mar
Allis
Casualty—————2
Amsterdam
New
138
57%
3 00
1.10
pfd———125
vtc
9
3 7 Hi
Vernon-Woodbury Mills pfd-100
North
U S
of Texas
Oil
Houston
Mount
45
116%
9
Corp—10
Co common—-— 1
Realty
Jan-
9
35
59%
128% 130
9
--
Fidelity & Guaranty Fire
Guilford
Jan
1.00 Mar
19
for Week
of Prices
Par
High
!
Adams Oil & Gas Co common—
100
.1
20
B
Assoc
Sugars
1.05
—100
preferred v t c
Eastern
17 Hi
1.70
vtc—*
common
16
231
18
17 Hi
—
Co
Low
High
Sale Price
Sales
Range
Last
STOCKS—
Range Since January 1
Shares
of Prices
Week's
Friday
for Week
Range
Last
,
to April 9 both inclusive, compiled from official sales lists
Sales
Week's
Friday
Sale Price
STOCKS
April 3
from official sales lists
April 3 to April 9 both inclusive, compiled
1% Mar
THE COMMERCIAL
Number 4167
157
Volume
& FINANCIAL CHRONICLE
1351
OTHER STOCK EXCHANGES
to¬
Week's
Sales
Range
Friday
for Week
Lust
•
.,.7
'';
•-
Chemical
Monroe
Preferred
Co
<v
Spec
Cylinder
National
?■;
,
Standard
'
A
*■
Paper
Northern
States
Noruiwest
North
Util
Omnibus
Parker
Peabody
6%
7%
Co
Coal
(The)
i
Penn
Elec
class
Poor & Co class
Co
Oats
Qu.(Kcr
Feb
Clark Controller
30 Va
Apr
Cleveland
8%
2,200
>>"?■
30
14%
:
Apr
Clifis
Corp
Apr
Eaton
5%
Jan
6%
Apr
15%
Jan
19 Va
Apr
Jan
14%
Apr
18
18
19
60
9
Jan
20Va
Mar
Greif
91
91
10
56
Jan
99
Mar
Halle Bros preferred-
300
—
Jan
2%
100
1.030
21%
3% Mar
Feb
70
Apr
82
Mar
17 Va
Feb
Mar
17
100
14%
Jan
1.673
,.123 %
Jan
32
Apr
1,111
46 %
Jan
52
Mar
51%
Interlake
Jaeger
100
Jan
30%
Apr
National
9%
.7 420
4 %
Jan
9%
Mar
National
2
%
100
%
Jan
2%
Mar
_1
11%
400
91%
190
10%
•
89
100
153
.
22
6%
11%
Jan
Jan
92
Mar
la ('/a
Feb
loo
Mar
.'.v 50
34%
Apr
40
Jan
70
13 Tii
13%
14%
2,498
IOV4
Jan
14% Mar
*
a41% a41%
50
35%
Jan
35%
33
Mar
33
35~~"
Mar
50
Apr
class
Packing
Raytneon
Mfg Co common--—.
6 %
preferred
Reliance Mfg Co
Rollins
Sangamo
50c
South
Co common.
&
Co
3%
Bend
syiegel,
Lathe
Inc.,
-
Works capital
Dredging
Standard
Gas
oprtuuttrd
Oil
&
Elec
common———*
Indiana
oi
Sterling Brewers
&
Swift
Tool
International
Texas
Co
R)
Gypsum
United
Co
Utah
Walgreen
11%
1.350
5
17%
17
17 Va
24%
24%
25%
3,050
34
33%
35 V4
1,200
Transp
capital
5
Ti
55
55%
100
3%
:
•
..
Inc
Stores
Cumulative
prior
preferred—
Wrigley
Jr)
(Wm
Zenith
Co
Mach
Radio
,
..
16%
.923
Jan
28
*
common
70%
-
.
V
23 Va
Anaconda
Mining
5,650
.265
20 Va
Jan
24 Va
Jan
Jan
35%
95 Va
5 Tb
Jan
9
:
85%
Jan
90
Refining
Weinberger Drug
White
Feb
5%
-if
Jan
V;
68 "a
90
58%
Jan
6%
350
4%
Jan
30 5»
1,130
19%
29
Jan.-jf'
Jan
3%
Jan
6 % Mar
75%
75%
75%
50
65
Jan
85% Mar
50
General
Co
Electric
(Glenn
Co
L>
Nash-Kelvinator
.
11%
Jan
14
Mar
13%
50
12%
Feb
13%
Mar
28%
385
23%
Feb
28%
Apr
a43% a43%
12
160
~5%
Feb
1
•fl'/4
18%
Corp
General
N
Y
Electric
Central
York Central
capital
RR
U
S
Steel
Youngstown
Steel
Door
;
•;
7Va
18%
58%
296
a
12%
a
12 7 «
New
Exchange
70 Vb
7
STOCKS—
Mar
30%
Apr
Atlas
Drop Forge
9%
Apr
Manufacturing
Jan
9%
37%
Apr
9%
Apr
Jan i f
23%
Mar
Detroit
&
Continental
Motors
Milr.er
Crowley,
300
10%
6.200
6%
Jan
10%
Apr
Detroit
*
—
19%
3,500
10%
Jan
19%
Apr
Detroit
Gray
Iron
24%
2,100
15%
Jan
24% Mar
238
26 34
Jan
35%
Mar
Federal
Mogul
650
9%
Jan
17%
Apr
Federal
Motor
Truck
9%
8%
10%
13,050
5
Jan
10%
17%
19 Va
1,550
14
Jan
19 V8
Apr
Gar
Wood
6%
7%
1,305
4 Va
Jan
7%
Apr
General
53 Vb
54V4
844
46%
Jan
54 V*
Apr
Goebel
10 Vb
llVa
5,350
5%
Jan
ll'/a
Apr
Graham-Paige
'
37%
39 Va
495
25%
Jan
39 %
Apr
Hoover
.
••
16%
1
16%
■
17 Va
490
12%
Jan
17%
Apr
Motors
to April 9 both inclusive, compiled from
April 3
;%
Last
25 V2
Ball
Cincinnati Gas &
&
T
Cincinnati
Ball
20 VB
290
10%
275
Apr
Jan
20 V8
5
Jan
lOVi
Apr
75
2%
Feb
3%
Mar
Apr
90
88
90
44
84
Feb
90
Apr
-
———
.50
::f ';
8
50
_
—
Yards
7%
67
*;.
—
a
9
8
67%
790
189
7%
60
Mar
9
Jan
Jan
70
Jan
•
'•'
*
■.
22%
♦
A...
Kroger
*
__
__
_
common
*
A
'
55
__
Apr
10 Va
241
7%
Jan
10%
Mar
22%
20
16%
Jan
25
Mar
25 Va
73
20
Jan
26
Feb
41
5
37
Jan
41
Mar
3% Mar
.
•
24%
Feb
28 Vb
20
Feb
23%
Feb
55%
592
48%
Jan
56
21%
17
Jan
21%
4%
4%
4
4%
1,098
5
110
1,020
2%
Jan
3
Jan
4
Mar
Apr
Mar
5Vt Mar
Unlisted—
Standard
For
1%
Jan
1 %
Api-
•9%
Jan
12%
Apr
75 c
Jan
68
Jan
Mill
25
*
footnotes
10
*
*
see
pag£ 1355.
13%
15%
896
10%
Jan
'
14%
...
Gas
Motors—
Brands
13 V4
if
3 Vb
48-
6%
12%
1%
74
12 %
798
2%
2,300
74
120
3 Vb
48
6%
14%
10
3%
3,295
51%
363
7
185
10%
2
44%
4%
.
Apr
2% Apr
75% Mar
3
Screw
_
40%
40%
170
40%
Apr
40%
16
16
415
13 %
Mar
16% Mar
6
6
905
3%
Jan
6
Apr
5%
6
4,574
3%
Jan
6
Apr
.
,
f
Products
Oil
ff 7
5%
;.v
.
.
Murray Corp
Packard
70c
Jan
15%
Apr
75c
Jan
4
513
44%
Jan
50%
2%
2,225
174
Jan
2%
2
3,775
83c
Jan
2
140
14%
Jan
,19
1%
925
9Tb
Jan
14Tb
Apr
4%
Jan
9 Vb
Apr
2%
75c
1,400
3
2,400
75c
1,700
23
1%
25c
325
1%
<3,000
27c
2,600
51c
Jan
Apr
80c
Mar
Jan
3
Mar
49 c
Feb
75 c
Apr
19%
Jan
23
1%
Apr
1
Jan
13c
Jan
27c
MaiMar
1 % Mar
1%
1%
2
1,880
17b
Jan
2
6 V4
6%
250
4%
Jan
67b
1
1
1 Vb
1,883
4T'b
1
45/s
47b
100
2 Vb
1,600
1%
11%
Jan
i'-'vfv
2
16
♦
16
—
.
"C
62c
Jan
5
4% Mar
Uyb 2%
16
Jan
Mar
Apr
.
9%
995
5%
Jan
9%
Apr
4%
4%
11,840
2%
Jan
4%
Apr
3%
4%
__
Apr
1% Mar
Jan
333
50c f,..' '•
......
..
Apr
2,907
8
__
Apr
Mar
9%
22%
■
common.
Apr
14%
7;
6%
_
.....
Feb
Apr
Mar
19
54c
ft
Chemical
3%
300
1%
Jan
3 Vb Mar
7
*
Parke
Davis
Peninsular
Mtl
Prudential
Invest
Reo
Motors
Raisin
_
Prd
if
__
Standard
Pattern
Tube,
1,100
2
2
2%
700
2
*
common..
_.
B
Axle
Tivoli
5%
76c
29 Vb Mar
Jan
87 b
Jan
Jan
Apr
1% Mar
•
1 %
Jan
2% Mar
97b Apr
3 VB Mar
9%
•
w—
•
27b
10
974
299
4%
Jan
3
3
200
2 Vb
Jan
1,550
1%
Jan
2% Mar
14% Mar
2 Va
2%
14 Va
350
10%
Jan
i
4%
4
Va
4%
850
2%
Jan
4%
2%
2Va
2%
1,425
1%
Jan
2 %
Mai-
1%
IT 8
1%
1,603
1%
Jan
2
Mar
Apr
«
(Fred'k) common
Timken-Detroit
28
1
common
common
•"
1
—
Sheller Manufacturing common-
Simplicity
210
1 VB
■'
■
1
.
common..
1,027
7 87b
1
1
common.
Scotten-Dillon
28%
8
1
...
common..
Paper
28%
1
•
common...
_
28%
_
common
common..
Rickel (H W)
River
if
common._
Parker-Wolverine,
common
common—
10
14
Apr
15
15
15
110
13%
Jan
15
32%
32%
32%
100
28%
Jan
32% Mar
1
1 %
1%
17a
600
1 Va
Jan
17a
Mar
Udylite common
1
2%
2%
27b
200
2%
Feb
3
Mai-
United Specialties
1
5%
57b
607
4% Ma
1
2%
3
U
S
Brewing,
Radiator
Universal
14%
Apr
Jan
3%
Apr
Wopier
Jan
51 Va
Apr
Wayne
7
Mar
Jan
2
50%
70c
2% 7:
U
.
common
Car
900
2%
8%
—
Motor
1 %
2%
Motor Wheel common
Park
Jan
14
14
__
common
Abrasive
70c
1
_
Mid-West
800
19
1
Michigan Steel Tube common
Michigan Sugar, common
Hone
19%
1%
"{v
1
_
Jan
49%
■;
10
common
common.
'
49%
1
common——i—--——.
17%
'
1
....
Apr
3 %
fL—
-
1
.
Apr
5
3%
1%
_
Apr
2%
Jan
1%
;
8%
common
67b
Jan
1 V«
1
B
Jan
1
3
4,055
3,343
2%
tf
47b
1,900
7,911
18%
1
10
6%
2%
4% 7 4%
3%
10
common
common
5%
2%
7
18 Vb
—
common
class
common
Preferred
City Ice & Fuel—
Columbia
Mfg
(S S)
Apr
229
4
_
Rolling
&
Drug
Stearns
28%
21%
21%
,
a
Printing
Apr
17%
Jan
54%
■■
....
*
9%
Jan
2%
27
''
'u—
Jan
9%
350
21
27%
..
.
7 %
449
25 Va
10
_
375
22%
Ve
3%
41
15
17%
9%
-
914
15 Vb
3%
.■
Art
General
1,500
Vb
1%
Apr
90
-
a
class
57
93
_
& Gamble
Apr
Jan
P
Lunkenheimer
17%
Mar
81%
Insulation
American
1%
1%
6 Vb
C
—
Bearing
Products
Micromatic
27
75
Corporation
class
3%
-51
High
Jan
93
Eagle-Picher
*.
19%
20 %
£ 91
Drug
Gibson
10
10
3%
Range Since January 1
93
Telephone
Hobart
51
19%
.
Cincinnati Union Stock
U S
Apr
ft
.
common
common
&
McClanahan
Electric pid— -„100
Street
Cincinnati
—
Crank
lists
Low
552
10
1
*
—
Cincinnati
26 %
51
Paper & Fibre
Churngold
B
27%
2%
4
.
.
_
Michigan Die Casting.
Shares
High
25 Va
-_50
Burger Brewing preferred
Class
Jan
for Week
Low
Industries
sales
Sales
Range
of Frices
Par
Aluminum
Randall
21
1
common—
common
Houdaille-Hershey
Masco
official
Week's
Friday
Sale Price
STOCKS—
Procter
885
ft
common
Brewing
Kresge
Formica
Feb
27%
26
•
18 VB
common
Industries
Kingston
Crosley
5%
4%
common
10%
10
common—
Mfg
Hurd Lock
Dow
Jan
Apr
17%
Eaton
Kinsel
O
4
'
Hudson Motor Car, common—
N
3,450
£2%
*
common
17%
Yellow Truck & Coach class B
C
8%
5%
.20
Stove
34%
Rubber Co
Champ
Jan
5%
74
1
common
22'/a
1
High
5%
common. .10
common
34%
common—.;
Low
1,300
12%
:
b
—
Nav
15%
Corp
Range Since January 1
8%
1%
—12 %c
...
common
Cleveland
15%
'
Shares
High
8V4
26
*
common
Edison
;
lists
8V4
I
common..
22%
18
sales
Apr
Jan
Jan
6
V
Corp
22 V0
Studebaker
S.
common—
Chrysler
official
Sales
5%
Brown,
8%
■/, * 7
Associate
for Week
of Prices
Low
5
common—
Burry Biscuit common.
6%
'
Curb
DETROIT
from
Range
Par
Apr
30%
J-
Feb
Exchange
Week's
Sale Trice
Mar
Apr
740
6%
York
f
Last
Apr
1,890
>
Apr
51%
Chicago Stock Exchange
Friday
69
1.990
•
19 V4
Jan
20
Apr
u-l'"-
Standard Oil of New Jersey capital—25
Mar
786
a
Apr
6%
•
Standard Brands common
14 Vb
49%
20
589
a56Va
to April 9 both inclusive, compiled
57%
9%
<
20Va Mar
>70
19%
Detroit Stock
April 3
4% Mar
*
—*
—*
Jan
Telephone: Randolph 5530
*
common
Rndio Corp of America common
Republic Steel Corp common
U.
17
Ford! Building
capital
common
Apr
13%
Members
(The)
Pictures
a34
a37 Vb a37%
17
*
common
York Stock
Co
Oil
Pure
%
734
Watling, Lerchen & Co.
Inc
Pullman
Apr
fv 75
18%
Detroit-Michigan
Paramount
Mar
2
Jan
V"
•
_
31%
9%-
17
20
Feb
7
a34
*
Jan
37%
171/* r?
Jan
2%
75
Republic Steel
21%
•
9%
340
7%
a21% a21 %
10
common..
Jan
8%
8%
180
2%
7%
10
common
common.
RR
Jan
8%
.—5
—:
18 %
2 Va
6% Mar
Unlisted—'
Firestone Tire Si Rubber
56
35%
common.——i
6%
7%
—50
45 VB
8%
-
Mar
28%
2
24%
1,004
8%
*
•
common
12%
18 %
13%
McLaren
common—
Burroughs Adding Machine—
35%
1
Curuss-Wright
Interlake Iron Corp
<:
18Va Mar
16 %
...0
658
69
Jan
25
il—*
Stores
2,900
57%
65
Jan
1.800
31%
53Va
14%
24% Mar
Jan
3%
65 %
*
common
210
530
....
Motor
Mar
1%
700
350
29'/»
Corp
17%
Apr
5 Va
—
Works
Warren
Apr
I 40
1,000
53%
Steel
17%
.25
Mar
VV
7%
8Ta
Mar
18% al8%
11 Va
Apr
Jan
200
4
Feb
14
Apr
18%
;■
6%
9%
6
Feb
5
.ilLb.
Iron
Apr
26 %
87 Va
50
Copper
Bethlehem
New
8%
Jan
12
12%
Apr
I'?. 80 T a
10
8%
Topeka & Santa Fe com—.100
Atchison
Martin
•
4
125
_•
Upson-Walton
Briggs
com
Jan
560
5%
...
Apr
i
59
i
Radiator & St San
American
9%
C
14
5%
~~5%
Baldwin Rubber common——
Stocks—
Unlisted
1,440
21% Mar
Mai-
4
518
28
11 %
10%
21% Mar
14
Detroit Stock Exchange
Jan
-
6V4
.
Apr
160
*
^
New
2
67 Vb
0 %
25
11
■
26%
a
Apr
6
5
Jan
5 Tii
Apr
118 Vb
7%
capital
Feb
18%
25
25%
_*
new
Mar
Jan
203
,7Va
35%
17%
Mar
Jan
87%
*
Jan
11%
_•
9%
47%
7
4
30%
*"«
50 Va
112%
93%
3%
400
25
85%
//;•
230
35%
3%
35 Va
a
Apr
1,600
4
Apr
34%
Apr
35 %
Jan
23%.
—2
capital—.
Corp
59%
8%
*
Woodall Indust common
Yates-Amer
100-
34
—_*
common
Bankshares common...,
Wisconsin
70
93 Va
common———*
Williams Oll-O-Matic
Jan
24%
38
Feb
Feb
3%
Apr
Feb
a
Apr
25%
'
Jan
8V+
23%
1
100
common
Jan;.;
79 Va
59
46
35 %
34%
6%.
18% Mar
Jan
42
470
23 %
43 TV Jan
90
Apr
11%
.
29
300
'
25
38
Mar
2%
Jan
433
9%
23%.
Westlnghouse Elec & Mfg common—50
Wieboldt
50%
2Vs
22%
>
Apr
Mar
16
33
14Va
1,800
117% 118'4
1
capital
Tel
.21%
.
*
preferred
Wayne Pump Co
'68%
20
V
:
% 'Jan.
,7
Mar
Jan
85'a
9
84%
common
Union
49 Vb
25
Products common
Co
Western
"l0%
1%
Apr
2%
% Apr
28%; Jan
988.
Apr
6
50
Jan
800
%
5
common
Radio
■
33
Apr
27%
i
■3 i"'
Jan
13
100
capital
common—
cumulative
:•
•
Jan
1%
100
2%
common.—
Lines
Air
Steel
capital
Carbon
<fc
42
Apr
33
;
Jan"
V'v: 3
2,100
Jan
Jan
23
10
2%
10%
i
Mar
29%
1,500
15
common
capital
(J
Carbide
%
46
125
Jan
59%
v-;: 3
300
16
46
46
—;
Electric
Dorn
Mar
112
y
38
A—
Standard Oil of Ohio
Van
127
36%
50
Patterson-Sargent
Reliance
Apr
4%
31%
—
capital
Corp
Thompson
f 71 %
31%
25
common
Machine
Swift
Jan
36%
Apr
Jan
.40
Apr
25
Inc
capital
Stewart Warner Corp common——
Sundstrand
12%
20
2%
16
—20
;
21%
7%. Jan
47
J,;'-::'2 Va ;
2%
19
6
47
1
common-—
Apr
Mar
740 >•
27 Va
5%
2
common
Nat'l Stockyards capital——*
5%
Jan
400
3%
26
26
5
Mar
300
33
.
Jan
5
450
V
71V4
3%
33
19
14
100
12%
V
Apr
3% Mar
Jan
270
V
5%
68 Va
.
30
preferred.:
Preferred
Union
12
1
68 Va
capital
Strap
19
.;
1%
1,150
20%. 21%
20 Ve
*
capital—
3 Va
5%
•
Standard
S
18
2%, JanV'f, 10
850
10
:
2T4.
—i—_10
common...;
Cummins
Steel
St Louis
U
,8
2%
Corp class B common——.1
Signode
S
;3
8
5
—j.—.
Electric
Roebuck
Serrick
U
34%, 34 Va
Hosiery Mills common——4
Schwitzer
Seats
10
common..,,.—
a36% a38%
.———..100
Richinan Bros.
Rath
;
——100
Apr
20
153
Apr
5
....
Cement.—
Refining,
71
165
364
1
preferred
Jan
17
;.f
Acme
Prior
59
8Va Mar
71
& Sessions..
30'/4
30
15
16
Steamship
Portland
Jan
Jan
69
Electric
Medusa
High
6%
10 Va
16
& Laughlin.
Kelly Island Lime & Tr._
Lamson
Low
350
394
8%
15
69
Jones
Leland
Range Since January 1
*
Machine
8%
30
1
8%
14%
Rubber..———.I*
Great Lakes Towing
Bros Cooperage
2%
*
.
7% Mar
Jan
14 Va
32
50%
_?
common
4%
150
L;
3
■:
30
51
3,000
%•
80
3
.17 7.
30
.—100
Preferred
7
21%
79
..
.10
50
.
3;
3
79
7/a
Goodrich, B. F._
Goodyear Tire &
Shares
——
.
10%
o
A
common
295
for Week
High
_i
preferred
Manufacturing
1,650
V
<•
lists
sales
,
Iron,
.15%
Jan
Jan
12
__5
;
—
Cliffs
6%
100
common—
Co
32 Va
Jan
14%
21
common—
Pressed Steel Car
Jan
23%
19%
d6
B„—•———
(The)
■
26 Va
'
.
Apr
6 Va
R
Pennsylvania RR capital—.
Peoples Gas Lt & Coke capital
Perfect Circle (The) Co
Potter
14%
15%
„_10
—-
Switch
14 Va
Jan
Range
Low
official
Sales
of Prices
PaT
American Coach & Body..
City Ice & Fuel—
from
Week's
Sale Price
,7;.f;f7'77
650
•„
Friday
i
STOCKS-
14%
100
B
—
Apr
13% Mar
compiled
Last
18%
•
—100
common
common
preferred
7-
f
14%
—*
i_
30'/a
15%/
26 Va
Jan
both inclusive,
9
Apr
Mar
to April
Apr
40%
300
32 Va
..14
.25
A__
common,
common
Corp common...—
Pen
14%
:
preferred
preferred
lien
Prior
class
lnc
Bancorp,
West
20
39%
Jan
9%
550
%
29VB
common-—
Power
Airlines
Northwest
14
'
Feb
25
50
April 3
Apr
10
60
32%
32'/a
5
common
Mills
14
3%
36
;
Exchange
High
Jan
33%
717
12
•
%
20
40 %
i
12
10
—
39%
.
25 '/a
;
1
common
common.:
American Car
Northern
25%
*
common
Nobutt-Sparks Ind Inc capital
North
38
:
.
Low
26%
3.9'/a
38
Cleveland Stock
Range Since January 1
700
3 Vsg
2'/4
*
class
Gas
3 %
V
...
High
Low
Par
common..—*
Shares
of Prices
Sale Price
...0
common-
Springfilled
National
"
-
Wara
Mot
Nachman
Co
——
Montgomery
Muskegon
7ff'..
STOCKS—
U
Cooler
—,
class
A.-———
50
1,892
1%
100
16%
Feb
5%
5%
100
3%
Jan
18%
if
22 Va
18%
Ayr
3
Jan
22%
V
5%
r
Apr
22%
,
Apr
5% Mar
18%
220
__1
1%
1%
1%
1,750
1%
Jan
lVa
Screw Products common- —4
_0
Young Spring & Wire
—...
4%
4%
4%
250
4
Jan
5
12%
12 Vb
100
7%
Jan
Universal
Products
common..
Aircraft common.——
Apr
187b
12%
Apr
Apr
Mar
Apr
Monday, April 12, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
1352
OTHER STOCK EXCHANGES
Week's
Friday
Angeles Stock Exchange
Los
Friday
Sale Price
STOCKS—
& Electric class
Diamond
common
Byron Jackson Company..
Central Investment Corp
;
-
3,000
Preferred
America—_
.•
74
Mar
7 Va
Jan
11
Apr
2014
5%
5%
8%'
8%
9
290
31
1
1
10
•
class A common.
common
common..
39
•
.
0
Nordon
Mfg
301
Corp Ltd
.—
8V4
<■
Pacific
Products
Clay
Corp
Pacific Finance
Gas
_____
common..,
C—/_——...
Preferred class
Pacific
Electric
&
5%ft'
Apr
80c
Mar
8% Mar
Jan
1% Mar
Jan
9c
Pacific
Corp
Lighting
com
Republic Petroleum Co
common
Inc
Safeway
Stores,
Security
Co units of ben int
Jan
24% Mar
97%c
Jan
1.65 Mar
1.000
5c
Jan
100
35c
Jan
i
120
.
220
11%
4%
15
Jan
28% Mar
30%
Jan
33
29
Mar
30% Apr
34%
Jan
40%
100
30%
125
40
4074
766
15%
15%
20
11%
lift
■
—-
100
,
Jan
7
Jan
2.75
9%
9%
4
4
lift Mar
2.10
Jan
3
2.001
7%
Jan
3%
Jan
"
Shell
15
Corp.
Oil
Union
39%
Solar Aircraft Company
Jan
35%
60
32
Jan
39
17%
Jan
21
Jan
Oil
Standard
Oil
Sunray
Taylor Milling Corp..—
31
31ft
29%
30
■.
Oil
Consolidated
Air
Western
Smelting
1,185
28%
Jan
35
3%
120
1%
Jan
a74%
7474
10
53%
'
7%
416
11
7%
8'/a
18%
a
18%
5,849
&
6
Gas
L-
f
a
■
& Elec
3,460
550
8%
Jan
12 v*
Apr
45
6
Jan
6%
Jan
3%
311
ft"
6%
1,500
6 %c
Commonwealth & Southern
6'A
Feb
400
32%
Jan
34ft
24%
Jan
31%
3%
Jan
5%
;>■ 300
48
Jan
56%
Power & Light
Corp
Co
Electric
40
21 %
Feb
6%
6,089
3'/a
Jan
17,74
1774
12%
13
290
61%
Feb
69
Graham-Paige
Nickel Co
29%
Feb
29%
11
:'V
39%
69
■
a3174
&
McKesson
wW'
:
York
Robbins,
Central
North
North
American
-
69
3174
Pictures,
Pennsylvania
Inc
Co
RR
Co
Corporation of America..
Steel
Corp..
Roebuck
& Co.
Railway Co_
Standard Brands, Inc
&
Oil
&
Ind
Oil Co
Corp
i
17 Va
Assoc
Oil
U S Rubber Co
footnotes
see
page
1355.
Apt-
32% Mar
239
31%
Jan
6,645
1774
Apr
24
200
23%
Apt-
24
13%
Jan
22%
AptApr
17%
,
;
17%
223/4
21%
145
14%
Jan
21%
3374
33 Va
33 ft
215
26%
Jan
3374 Mar
288
2%
3974
90
38%
Jan
5974
61%
158
48 %
Jan
1%
1%
6ft
Jan
39'/a
5974
6ft
6
n e
•
Preferred
25
._
—
*
Corp common
$3
preferred
United Gas Improvement common
$5 preferred
■■■f
■
1
*
24%
•
%
'
225
25%
210
24%
174 Mar
%
f
1% Mar
Jan
Jan
Jan
47,160
108% 109ft
26
21ft
25%
Jan
official sales lists
Friday
Week's
Sales
Last
Range
for Week
Sale Price
STOCKS—
of Prices
Par
Allegheny Ludlum Steel
Arkansas
—
L010
24 74
241/4
__
<*
Copperweld
•
3%
-5
Steel
Lv
pfd_.
—100
.
■
Renner
Bolt
&
Screw
common
60c
—
—
120
10
Jan
7,174
2
Jan
16
3%
1
...
Co
Shamrock Oil & Gas,
Apr
1774 Mar
1374
Jan
60
92
Jan
100
9
1.732
7
Jan
9
5%
Jan
7%
2,139
25c
420
60c
1ft
1174
1174
96%
48
674
574
45c
Jan
1ft
Mar
Jan
,13%
Mat-
fF
Jan
9674
Apr
674
Apr
CO
4ft
200
:
25c
600
50c
Jan
lc
Jan
2c
2c
3
3
580
34
35
420
34
Apr
35
Feb
21%
22 ft
545
15%
Jan
2274
Apr
,3
0
34
——
,21%
Air Brake
i;
>
-
St. Louis Listed and Unlisted Securities
Edward D. Jones & co.
1922
705 Olive St., ST. LOUIS
Members
Apr
New York Stock Exchange
Feb
St. Louis Stock Exchange
CEntral 7600
24%
175
22%
Jan
24%
Feb
Postal Long Distance
%
Jan
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
614
20%
Apr
60
20% Mar
1,200
4
Mar
3%
100
2
Jan
Feb
6%
Bell TeletypeSL 593
Feb
9% Apr
"5%
4
Si. Louis Stock
Apr
Exchange
from official sales lists
April 3 to April 9 both inclusive, compiled
Mar
37%
536
31%
Jan
37%
Apr
Friday
a38%
38 74
166
35%
Jan
35%
Jan
Last
Range
2
''m'L'L'"'"
974
32%
32%
6%
.
54 74
a
700
1
Feb
2
240
33%
Feb
36
2,862
6%
Jan
10%
Apr
Jan
35
Apr
2
35
7%
5674
1,329
4,860
115
30
5%
55
Jan
Mar
7%
Apr
Mar
55
18
a
18
403,4
2,705
10%
20 V4
14
870
10%
Jan
14
Apr
15%.-
875
10%
Jan
15%
Apr
40 ft
16 %
20 y4
13%
14
16 74
14
14
36%~Feb
a39%
400
Jan
17
Apr
Apr
Mar
17 74
155
4%
3,420
2%
Jan
4%
Apr
125
15%
Jan
24%
Mar
31%
309
24
Jan
31%
Apr
16%
415
12%
Jan
17(4 Mar
8%
10%
3,864
Jan
10%
17%
17%
637
22 74
a
4%
23 V4
45
16%
4%
24
24
30%
16%
9ft
17%
30%
12
Jan
5
Apr
14%
Jan
18
Mar
19
Feb
19
Feb
69%
69%
331
5974
Jan
70
V8
Apr
al3'/8
13%
178
10%
Jan
13 ft
Apr
28%
29%
485
16%
Jan
2.9 %
Apr
6%
6%
535
4%
Jan
6%
Mar
6%
28%
162
47%
Jan
7%
Feb
7%
Feb
5%
Jan
1174
Apr
33
25
a53%
54 Va
_°
a974
974
25
10V4
11V4
1,320
,
21%
—
25 74
Apr
'•
25 V*
389
24%
io%
50
215
42%
Jan
49
14%
475
9%
Jan
14%
8474
8474
160
84 %
Apr
84 74
115
27%
Jan
34% Mar
330
18%
Jan
227a Mar
a34%
'
—
Feb
50% Mar
25
a
'
'
—
Feb
13
25
.
31% Mar
204
a32 Va
21%
174
a38
35
21%
174
38
JU
150
25
32
Jan
Mar
•174
33
Mar
Apr
Apr
Feb
Mar
of Prices
Sale Price
Mar
10%
STOCKS—
Mar
3674
'
13
Sales
for Week
37%
Week's
a35 74
,
New York Curb Exchunge Associate
Apr
29%
,
Phone
Chicago Stock Exch.
135
5%
__
Apt-
2c
Apr
374 Mar
Jan
2%
400
50c
Jan
Apr
24V4
'
Mar
95c
Jan
1
50
9374
Mar
Apt7% Mar
9ft
100
6ft
1
common—
Alloys Steel
Apr
1574
Jan
70
330
1
Mining—-
Apr
Apr
3%
17%
1ft
96%
—
9%
16
1574
60C
11%
Corp
:*•
98
....
1
Westinghouse
9ft
7%
•
Pitts
374 Mar
Jan
7%
Fireproofing Corp
Pittsburgh Forgings
Jan
-
16%
Mountain Fuel Supply
Brewing
174
6
15
"
<•
Pittsburgh
Apr
25
770
98
- *•
—'
Lone Star Gas
Nat
2574
Jan
2%
3ft
16%
Refrac—__—
Walker
Co.
Koppers
18%
220
9ft
15%
common
Gas & Electric
Harbison
High
Low
25 ft
2 3'4
common—
♦
(A. M.),
Columbia
Range Since January 1
High
8%
Co
Gas
Nat
Biaw-Knox Co
Byers
•
Shares
3%
4%
'.
Apr
Apr
Pitlsburgh Slock Exchange
April 3 to April 9 both inclusive, compiled from
13%
3%
:
Apt-
::
8%
109% Mat-
Jan
103
Jan
a2374
' •' • '
Feb
1ft Mat-
5%
943
8%
74
.Vi,'
Feb
17%
456
1ft
Jan
Apr
43 74 Feb
63% Mar
Mar
•
1,640
26
8
*
i7ti
'
168
1%
%
8 74
24 ft
20
Coal
Westmoreland
1
%
5
%
$
%
Tonopah Mining 4————;—1
Invest Corp common—
25
Transit
United
Apr
19%
20%
'
Sun Oil
Apt-
870
Jan
Jan
10
Mar
114%
11774
Jan
Jan
5
Apt-
168%
9%
Feb
United Air Lines Transport..——
United Corp (Delaware).
!
32 74
Jan
Jan ;>
23%
.
2
7
*
5
Jan
45
-
6%
11
4%
Union Carbide & Carbon Corp
Aircraft Corp
United
Apt474 Mar
149
25
32%
Established
29%
10
Co
5,571
17 ft
*
16% Mar
755
25
(The)
3274
165
32%
19%
1
Scott Paper common—
Apr
Jan
925
1
25
—...
Company
Corp
For
Feb
220
capital—
Inc
5%
Jan
23%
55
6%
.—
(New Jersey)
Water
Texas
Tide
of
Webster
Studebaker
Swift
25
9%
*
15
_*
...
—
774
Jan;
3%
25
a
...
'
50
20
___
Jan
2ft
"117% 117%
25
...:
Corp
3ft
1,240
4,413
2774
17%
—:
Oil
1.443
4%
165
'
preferred
Apr
774
5%
Apr
3474
Seaboard Oil Co of Delaware—
Socony-Vacuum Oil Co.
30
preferred w i_—
———
Philco Corporation ———
3
Dome
Apr
6%
New
1st
8 74
4%
-
..
_•
RR common—
Jan
700
6
*
Company
Packard Motor Car Co__
Standard
190
6%
8%
*
1
•
0
*
1
50
*
•
RR
Ohio Oil Co—
Paramount
pfd
Apr
900
87/8
*
Aviation Inc..
American
i
w
common
Feb
51ft
•'
5
•'
4%/
Pennsylvania RR
50
Salt Manufacturing...—
—50
Phila Elec Co 4.4ft preferred——100
Philadelphia Elec. Power 8%
40%
Jan
alO/16 10/16
2074
2074
•
*
18
Inc
4 74
Jan-
44
3%
6
—
Ward & Co
Montgomery
4,548
Apr
33 %
.;
a247/b
common—
Inc
8ft-
Apr
33%
;
14%
•
*
Tel Corp
7 V»
Apr
4
3%
10%
1
Copper Corp
McNeil & Libby
7%
•r
al4%
3%
Corp..
International Tel &
Kennecott
994
Penna
Feb
16%
a38%
4,-^..
Motors Corp..
of Canada—
945
51 ft'
—50
&
Apr
60
16%
a
'
39%
45%
1
Salt
Jan
37%
*
Reading
16%
Apt-
7674
Jan
166
10%
Jan
1%
33 34
31'4
6% Mar
Jan
67 Va
47%
Light—j.—
New
634
140
534
4
;;—•
Valley RR
Power
985
IOV2
76 74
3%
37%
Pennroad Corp voting trust ctfs
National
Apt-
23ft Mar
5%
■
Foods
Lehigh
Apr
24%
'
■
9 ft.
4
•
Coal & Navigation
Feb
17%
Jan
*
Lehigh
Apr
5674
574
•
5%
74%
.
3
453
6
10
_
Motors
Apr
1447a
,
Apr
865
a24
—-4'
Feb
■
33%
Storage Battery
General
12 ft
-
*
common.'
preferred
Electric
25
17
17
9%
5
'
1474
Jan
5%
•
Company
Co
127%
Jan
2,225
38
5
0
*
Share Co—___.
&
common
619
679
'
*
X
Bond
Prior
Vanadium
a34%
1
A
Apr
5%
5
'
'
•
——1
;j
9%
142% Mar
31%
2974
(Del) ———5
Co.
Curtiss-Wright Corp
Stone
6%c Apr
Jan
13T%
400
'
Oil
Co
Mfg
High
Low
,
lift Mar
1414
13 ft
•••
•
Apr
35
56%
—
Continental Motors Corp
Continental
Standard
Feb
2c
63A
Jan
382
■
Corp
Aircraft—
Vultee
Southern
2,000
3%
9%
a36%
•
*
25
Corp
Commonwealth Edison common
Sears,
Mar
4
Jan
3
46%
29 %
Vi' 5 Va
*
Corp
Solvents
Commercial
Republic
19% Mar
46 74
.25
Co—...
Pacific Ry
Columbia
Radio
19 %
Jan
9%
J*
•
-5
Canadian
Oil
Mar
19% Mar
142% 14474
a
100
Co
Borg-Warner Corp
Pure
Apr
Apr
8V2 Mar
7%
19%;
6 74 c
ftp
.
New
11
Jan
1274
6
■
.
Loew's
69
Jan
6'A
3%
—
*
& Ref Co
______14
50
5
Atchison, Topeka & Santa Fe Ry___100
Atlantic Refining Co
25
Aviation Corp
(The)
(Del)
3
Baldwin Locomotive Works vtc.—13
Barnsdall Oil
Co
:
:
5
Bendix Aviation Corp.,
5
Bethlehem Steel Corp
*
Libby
Jan
9
7-s
12
a7
Copper Mining Co
Co (HI)
Anaconda
Int'l
65
-
Feb
3% Mar
15%
19
;,■■■ 19
American Viscose Corp
General
32% Mar
34%
*
Rad & Std Sanl Corp
General
33%
Feb
3%
8
G)
Pub
Curtis
San Toy
American Tel & Tei
Electric
Feb
33%
:
Wheel
Chrysler Corp
Feb
307s
Stocks—
Amer
Clciss
31%
Feb
26% Apr
w
(E
Budd
Range Since January 1
Shares
High
14 1 74 1 4 4 74
14
142
10
*
.—
Pittsburgh Plate Glass
Amer
Electric
Jan
28%
Jan
10
Cons Mining Co..10c
Mammoth
Unlisted
Cons
30
Stocks—
Mining
Armour
262
530
16
11
Budd
Apr
40
Alaska Juneau Gold Mining Co
Black
25
4,955
—
Asphalt Corp..:
5% Mar
Jan
26 ft
10
pfd
Cement
Portland
Yosemite
Jan
32 74
1
Inc—...—
Lines
4
21%
2,345
22%
:
—
Mar
4
Jan
34
...25
10
California.
of
Oil
Universal
•.'274
a32V2
•'
Barber
Tel—
&
Apr
22%
Transcontinental & Western Air—.—5
Union
470
25
2
Corp
Transamerica
920
6c
a32%
1
—...—25
_—.—)<'
Superior Oil Co.
12,000
5 74
5 Va
*
California
of
Co
Corp
3%
24%
•
Tel
American
Mar
lc
2c
5%
;
•
100
American Stores
Mai-
90
2474
3174
Range
Low
official sales lists
Sales
for Week
of Prices
Par
37% Mar
98
3%
Stores
Southern California Edison Co Ltd__25
6% preferred B
,
25
5% ft preferred C
25
South Calif Gas Co 6 ft.-pfd A...
25
southern Pacific Co
•
Drug
Sontag
Mar
Mar
Apr
25 74
lc
....25c
1
*
Trading Corp—
Sierra
38
6
36
Apr
5% Mar
1,100
38
a38
a24%
Jan
Jan
Mar
10
2,385
3.00
10
'
...
Apr
4%
2.75
38%
Mai-
Jan
3274
a
a
Feb
Mar
9
Jan
Mar
10
8c
45c
.
10
9%
32 V4
40
1
..._°
17%
30%
•
Oil Corp common
Richfield
Ryan Aeronautical Co
Feb
40c
23%
.*
15
..1
Puget Sound Pulp & Timber Co
9% Mar
Jan
Jan
275
a28%
10
Pacific Western Oil Corp..
6%
Mar
27c
29
28%
3274
25
25
"
id
lc
4,480
7
&9%
Apr
406
40c
11%
11%
''
a
Apr
Mar
39 %
800
i•; 7c
7
10
preferred...
1st
7c
40c
;
Vv
34
6%
Jan
4,550
1.45
1.30
36 s,a
Jan
23%
1.35
25
common
1st pfd
6ft
2274'
14
Jan
Jan
1,000
39c
22 ft
Jan
4%
9%
37C
Jan
9
100
8c
8%
8%
5
267/a
Apr
57%c
8ft.
1%
8c
50 %
265
413
80c
39e
1
1
1
*
10
—
4% Mar
1,700
39%
; ;
al%
1
Oceanic Oil Company—
Apr
1,959
495
8C
10c
Co
35
Jan
1
Menasco
Jan
20
6%
75c
-•
1
10c
Corp
Mar
44%
13
38
8V4
1
Aircraft
9
895
36%
75c
Lockheed
Jan
Apr
13
1
...
9% Mar
Week's
Sale Price
STOCKS—
Feb
Jan
474
36%
13
*
Co
5% Mar
63
7'A
100
6 74
•
•
Holly Development Co
Petroleum Co
Jan
5%
U
5074
49%
Hancock Oil Co class A common..
Lincoln
Feb
2274
'
*
*
Hupp Motor Car Corp
Jade Oil Company..
4,150
4'/a
4'/a
Goodyear Tire & Rubber Co..
*
35
31
Jan
63
159
640
Feb
3%
100
9 % Mar
Jan
19%
1,280
4
Hudson Motor Cor Co
6%
1,010
9%
Gladding McBean & Co
Lane-Wells
Jan
6874
Oil Co
Corp
874
Apr
82
2%
36
135
both inclusive, compiled from
Last
Mar
68 74
to April 9
Friday
Apr
10
April 3
20% Mar
35
Jan
9
Exeter
General Paint
Jan
9
Fitzsimmons Stores Ltd.
Apr
Jan
a68
.
Apr
4c
8
1,907
11
19%
;
il %
Feb
19
a667/8
19%
Jan
lc
16 y8
76%
13
Philadelphia Slock Exchange
Apr¬
7%
115
8%
8%
1.35
50
9%
10
10
Apr
2.00 Mar
55
35
9%
.
Jan
75c
82
840
37%
Apr
Jan
Jan
7%
160
6
5%
——10
Co
(F W)
225
94'/8
58%
Apr
34%
Jan
Woolworth
13
Jan
48
% Mar
300
22%
35
-
Derrick & Equip Co-_____.___.5
Corp
a21»A
•
35
a74%
Emsco
Motors
'
w-f
——*
Douglas Aircraft Co
Electrical Products Corp
General
-
'
—*
•
*
—1
Consolidated Steel Corp
of
1,230
4c
5
Chrysler Corp ——
Consolidated Oil Corp..
Creameries
11%
4c
8
1.35 Jan
3,050
10%
4%
Feb
3074
322
1.35
Jan
7
10
1.90
4c
100
1
Aircraft Company
Cessna
34 ya
1.05
1174
1
*
Buckeye Union Oil Co common...,
34%
-v
•_
Mar
285
3%
100
998
a37
High
Low
58 ft
a92%
50
1
Westinghouse El & Mfg Co
Range Since January 1
High
11%
:
11%
...5
Willys-Overland Motors Inc
High
Feb
180
1,850
1.90
Inc..— *
Broadway Department Store
4%
8%
1.20
2
1
Corp
Chica Oil
Bolsa
%
—50
preferred
5 Va ft
Blue
4,635
4'4
8'4
4ft
1
0
Corp. common...
Barker Bros.
280
245
265
1
A
Petroleum Company
Bandini
Low
High
Low
Par
Shares
5774
*
Warner Bros Pictures Inc.—
Range Since January 1
Shares
of Prices
Low
Par
'
Steel Corp
U. S.
for Week
Range
Last
•1
.
Sales
Week's
Sales
for Week
Range
of Prices
Sale Price
STOCKS—
compiled from official sales lists
April 3 to April i) both inclusive,
Associated Gas
Last
PaT
American
Investment
-5% preferred
Brown
Shoe
1
common.;
——
*
Electric
Bottling common...
Ely & Walker Dry Goods common
Electric
Falstaff Brew
Brew
Shoe
Steel
Mo
Portland
•
common
*
20
.
.
common.—3
Wagner
Jan
21
25
23
Jan
26
Jan
Feb
7
Mar
Jan
85
21
17
8%
100
40c
6%
32%
32 ft
Feb
7%
Apr
160
7%
Jan
8%
8%
100
Apr
9874
Jan
20c
Jan
70c
Apr
7
Apr
70c
290
7
472
3%
33
905
28%
100
Jan
Jan
100
9%
6
6
7%
300
90
16
16%
285
4374
40
15
15
13%
2 74
2
33% Mar
Jan
974
Apr
5%
Feb
6ft
Apr
5
Jan
774
Apr
1574
Jan
18
Feb
38
Jan
43%
Apr
12%
Jan
1574 Mar
11
Jan
2 Va
Feb
14
Jan
1474
100
85
74
Apr
9
1,027
20
2 74
100
14
18%
Apr
5%
42%
19
21
Jan
125
7%
16
8% Mar
15
7ft
9%
6
Feb
'
Apr
20
Mar
274 Mar
common
common
1074
Apr
12
8ft
Jan
1
9
9
50
6ft
Jan
9
Mar
10
St Louis Pub Serv class A common
Fuller
17%
2574
•
25
common
•
&
60
7ft
*
common
574 Mar
240
21
*
common
Alum
Jan
5ft
2074
7ft
*
Baer
3%
45
5%
105
National Candy common.
St Louis Bank Bldg Equip
Sterling
22% Mar
110
National Bearing Metals common
Stix
15%
Jan
7
100
common
common...
Cement
Apr
874
Laclede-Christy Clay Prod common—5
McQuay-Norris
v'
Feb
38
7
5
Knapp Monarch common
Laclede
7
45
Jan
8ft
100
International
22 ft
Jatx
31
5
100
Preferred
Jan
40
25%
*
Preferred
7Va
Jan
25
19%
1
25
common——*
Hussmann-Ligonier common
Huttig S & D common
Johnson-S-S Shoe
5%
1
High
125
38
4
;
Hydraulic Pressed Brick
220
4274
37%
i
common
common
Griesedieck-West
~5%
Range Since January
Low
6
42%
22 74
1
10
Co
Coca-Cola
Emerson
V
38
,
High
6
6
50
—_
common
Burkart Mfg common...
Century
•>4 0 3
Shares
8
8
100
674
Feb
8
Apr
24ft
Jan
29%
Apr
1074
1
1074
28%
29 ft
327
25-yr conv income—1964
65
66 ft
$3,400
53
Jan
65 ft
Apr
—1941
89
91
3,000
85
Feb
91
Apr
Electric
common
'
15
2874
Bonds—
St L Pub Serv
Scullin
Steel
3s
Volume 157
Number 4167
THE COMMERCIAL & FINANCIAL
CHRONICLE
Montreal Stock
Canadian
"
7
Friday
Week's ;
Range 1
Last
STOCKS—
Glove
Works
Agnew-Surpass
Algoma
Steel
Preferred
*
;„i
—'-*
Power 3s Paper A.*
Telephone Co of Canada
Brazilian
British
T
L
&
P
Columbia
•
Power
7 i 18%
_*
Bulolo
Gold
Canada
7
(
;
•>'
5 %
Steamship common.'/..'—.
--7—-.
50 //
Canadian Bronze common.*.!?.—.
Canadian Car 61 Foundry common
participating
<
preferred-..——25
-
Cottons preferred./?.—
Canadian
Foreign
Preferred
Investment
Cockshutt
Plow>
Consolidated Mining &
f
Consumers
121
Dominion Coal
Dominion
Preferred
Dominion
Textile
28
;>
Eastern
Dairies
Electrolux
33
30
33%
5'M
Wares
7
Preferred
•
_7—
preferred
General Steel
Gurd
—7
7
•
Howard
Smith
Hudson
Bay
Imperial
International
Petroleum
International
7
Jamaica
Lake
Secord
McColl-Frontenac Oil
Mont
Murphy
Loan
&
Ottawa
Power
Ltd
Price
Bros &
1°%
5%
preferred
Quebec Power
Rolland
18%
Class
St
A
Corp
Flour
Southern
Steel Co
'
r
Wabasso
Wilsils
Class
preferred—'■?—727.100
Zellers
Ltd
17
Jan
19 'A
Apr
Kerr
100
101
7—
•
ii-i.-,
Jan
110
Jan
Mar
102
Feb
Lamaque Gold
19
Apr
Leitch Gold
25%
Jan
10%
Jan
Macleod
Jan
7%
Apr
Madsen Red
6'A
Jan
7%
Feb
Malartic Goldfields
:t
Mclntyre-Porcupine Mines Ltd—775
Apr
McWatters Gold
26
•
Jan
31
36'A
Jan
39
Gold
Apr
Ontario
Nickel....
Feb
Pandora
Mines
Cadillac
Jan
51
Apr
Pato
15
Feb
17
Jan
Perron
Jan
48'A
Apr
Pioneer Gold
24
24 Va
395
22%
Jan
25%
Feb
Red
Crest
12%
Apr
San
Antonio
Jan
Jan
-7
7
50
6%
50
180
43%
7%
376
11%
12%
4,420
70
Gold
Gold
•
__
2l/s
Gold
Mines
Gold
Mines
Sherritt-Gordon
Siscoe Gold
Jan
8%
Feb
Mines
Sladen-Malartic
12%
Apr
Sullivan
1,219
10%
10%
70
74
76
5%
Scotia
(Bank
Ltd.—
V
*
.
Abltibl
•
STOCKS—
.7
7
Power
&
6%
Paper commop
preferred
Bathurst Power
Beauharnois
Brewers
&
..4.
1_:__7
&
American
British
Columbia
Canada
Bud
Oil
of
Co
Par
1.
,
Amulet
Mines
Mines
Cadillac
Oils
104
Feb
1.30
.
7'..
8 Va Mar
53%
53%
125
47%
Jan
53%
20%
20%
Apr
20%
366
19 %
Jan
20%
Apr
20c
80c
lie 13V2C
51
Ltd
11c
Jan
3c
500
3c
Mar
24%
125
19%
Feb
25
1.13
Feb
,1.33
Apr
3.60
Feb
'
1.33
1.33
3.60
75
25c
25c
300
6.05
•
6.15
400
4.90
Jan
6.20
1,100
11%
Feb
15 Va
5.20
Apr
200
3.95
Jan
5.20
86c
Apr
1,000
21
Jan
42%
Mines
15'%'.
84c
1.82
1.82
1.82
1.22
500
1.90
1.90
.7
;V
"
13
Jan
133/e
Ltd.!
.1
••
20
:•<
128
Mar
130
Co
20%
18
134%
Apr
160
56
147
Jan
160
Mar
•
Apr
Acme
•
59
223
Jan
253
64
132
Jan
141
140
Apr
Oils
47Va
Jan
55
15c
Feb
15c
Feb
70c
1,700
63c
72c
Feb
1355.
'
official
7.
9c
9,000
8c
Mar
ll%c Jan
3c
1,000
3c
Jan
3!4c Mar
2.95
3c
2.15 Mar
3c
3c
90c
'1,000
3c
Feb
Apr
4c
Feb
90c
300
45c
10,875
38c
Jan
45c
Apr
66%c Jan
1.00
Feb
39V2C
40c
1,900
36c
Jan
45c
Jan
75c
80c
'8,950
68c
Jan
80c
7
3.05
Apr
3.15
400
1.90
Jari
3.15
4.90
4.90
200
3.60
Jan
4.90
Apr
lc
lc
8,000
4c
Jan
3.90
4.00
400
4.00
Apr
•7 500
__
lc
*
__
*
•.
*
—*.*
Ltd..
.
——*
25 Vs
.
%c Mar
•
200
inclusive,
2.60
Jan
Apr
50c
Jan
1.50
30c
Feb
Jan
2.66
Jan
63c
Apr
1.64 Mar
40c
Feb
3.50 Mar
Exchange
Funds
/;///;.
i
compiled from
Friday
Week's
7. Range
Sale Price
Co
Copper
Steel
7.
85c
90c
530
7
7
7%
.2,050
10%c
9%cl0%c
3,000
11c 14%c
Corp
*
Corp. Ltd
Ltd
Co/of
Canada
11c
*
common
__
*
5%
128
pfd..100
101
.
9
High
2,105
990
430
101
Bank
Bank
Cons
j.
Mines
Ltd..*
Montreal
of
Jan
1.00
Jan
Barkers
5
'A
Jan
8Va
Feb
Base
12%
Feb
Feb
Bathurst
Ltd
16%
"50
17%
254
2%
Feb
3Va
Jan
101
9%
Jan
10 Va
Mar
5
-•
Apr
5%
Feb
Class
Bear
Power
B
class
1,540
17%
Jan
220
17% Mar
25
8% Mar
1,210
17% Mar
20% Mar
19
Jan
20c
Feb
2%c
Jan
9c
Apr
1.35
Jan
1.85
Apr
1
—
'
—
—*
7*
A
* '.
& Radium
—
'
7
—
8%c
12%
—
—1
17c
———1
19%
Feb
Mines
80c
151
Gold
Gold
9 'Ac
10c
8,500
4c
4%c
8,590
158% 158%
10
150
10
234
240
240
1.00
1.00
200
8%c
9c
1,700
:
Jan
4c
Apr
13 Va
2%c
2%c
17c
18c
:
80c
85c
*
15c
Feb
250
Mar
Jan
260
Jan
5%c Mar
160
8V2C
Apr
1.00
Mar
Feb
Apr
IIV2C Feb
12"
Mar
15
2%c
Apr
2%c
37,400
10c
Jan
19c
Jan
6,565
71c
Jan
85c
Mar
140%
Jan
151 %
'• T *
"
42c
Jan
122
123A
148% 151'A
8%c
85c
,
*
688
20%c
17c
25c
205,650
1
Ltd
Mines
4.20 Apr
11,000
—1
Bonetal
Feb
Jan
47,000
100
Mines
Feb
65c
22,911
Bidgood Kirkland
Bobjo
102 Va
9c
Bell Telephone of Canada...
10% Mar
Apr
Feb
Jan
1.85
.....
Beattie Gold
Jan
130'A
8c
:_.———*
...
9%
Jan
1.67
100
—
common
Mining.
Exploration
3.00
Feb
Feb
8c
1
42c
959
20c
Feb
Feb
Mar
1.80
100
Toronto—
Bread
Metals
~
47c
8%
17c
1
Ltd
Mines
of
35c
6,300
High
1.00
1
Quebec Mines——
Bankfield
Jan
8%
>
4.20
%c
Jan
101 101 Va
62c
41
6c
106
60c
*
Jan
671
4.10
65c
"
10
/ Jan
5
"
61c
;
'
Low
9
4.10
Mines
Range Since January 1
70c
127 130%
»
Gold
lists
35,800
..
*
Bagamac
Range Since January 1
Shares
High
Gas
Aldermac
of Prices
Low
preferred
Oil
sales
for Week
__«
Paper
common..*
&
official
Sales
100
&
'
18
700
90c
1.00
Ltd—.*—
Co
Power
Astoria
lists
Low
.
Apr
2.50
__
Par
Abitibi
Aunor
High
3
17%
sales
Shares
18
Apr
'
8c
Anglo Canadian
for-Week
9 % ' *
Feb
45
100
3c
Last
Aluminum
Sales
20%
2.06
55
15c
80c
....
Aquarius
from
7%
18
1.67 Mar
Apr
Apr
70c
r7 "
__
•
6%
9%
Apr
1.82
1.22
—1
Feb
171
20%
86c
Jan
Jan
40c
STOCKS—
Jan
Apr
5
Feb
55
1
Ltd
Apr
129
5
Feb
Feb
1
"
Apr
1.67
79c
200
30c
15c
'
Canadian
171
9%
Jan
Jan
84c
200
1.22
3.15
21c
90c
April 3 to April 9 both
10
2%
100
1
Ltd
Ltd
Ltd—
Co
Feb
62
9%
9%
/•
1.22
Toronto Slock
133
16%
««
Jan
Mar
3.60
__
'
Ltd—.__1
Jan
130
85c
Feb
6c
/ 44c
—_
Mines
19% Mar
7/ 215
13
7
4,500
3c
24"%
7
Apr
Mar
Jan
80c
7
Feb
Apr
171
Low
Apr
4
53%
Jan
25%
252% 253
•■•,.
1.30
6
Jan
17%
Range
Feb
3% Jan
10
21%
48
of Prices
1.15
10
8%
280
Oil
Okalta
133
v
60
4>
8%
Feb
6
90
Week's
••■■<-
1.30
4
/_
Apr
156
Jan
140
VancoUveri —5
Jan
26
76
Mar
Va
Oil
Royalite Oil
171
L/i— 100
page
102
44
1
Home
160
Packers Ltd—.
see
Apr
25
102'% 103%
25
766% Jan
110
33
Breweries,
footnotes
103%
Feb
J 100
Ltd/—
Canada & Dominion Sugar Co
For
Feb
9
1
Feb
Last
Corp Ltd./——
Distillers
British
97
Apr
7%
Apr
3%
Sale Price
Paper clasrs B—
Power
Feb
9
60c
Canadian Funds
_
preferred
7 rio
25
85
5
Anglo-Huronian
/V7
■
Feb
10
Jan
Montreal Curb Market
■•'
550-
9
1
Consolidated
Aluminium
'
24
92
9
40c
Jan
Feb
Friday
Mar
23
Apr
Hughes Gold Mines Ltd..
Algoma
•7,77•'"•/
Apr
500
Mar
105
April 3 to April 9 both inclusive, compiled
Apr
7
5% Mar
4,190
70
:
;/7',-a
41
55
60c
11%
Jan
2%
253
Mar
130
7
3.40
Mar
4
130
Apr
40
41F
60c
10 %
59%
Jan
240
130
Apr
91%
3.30
15
3
--
Apr
97%
Jan
3.30
13% Mar
100
34%
107 Va
Feb
87
1,100
33
,
Apr
93
92
9
1.30
107
-
31c
'3
-—100
71
'
Apr
-
40
91%
23
»
6
,77 47
97%
90
7
Jan
85
97'%
40
3%
62c
3
——4——..100
100
107 107 Va
45% Mar
1.52
153
.
of)—!
Apr
7
Anglo-Canadian Oil
<
Royal Bank of Canada
48
1,725
31c
3%
130
Nova
Apr
27
6
62c
Jan
133
of)
48
1.52
2%
Commerce (Canadian Bank of)--—-100
(Bank
47
5%
•
31c
763
Banque Canadienne Nationalqr_>_:.100
Montreal
23%
Mar
:
Imperial Bank of Canada-__"f~-2-*—100
Jan
62c
3
13
^
20
Co Ltd.—7-*
Calgary & Edmonton Corp Ltd—__—*
3
common.————
Banks—,
Apr
150
Dalhousie
3
e
;
22%
Jan
48%
18
22Va
Feb
18 %
18 Va
,48%
—
75c
Feb
200
•;•■
Jan
Apr
820
6
70c
18%
39 %
120
5%
150
7
Feb
32%
40
153% 154
1
Feb
75c
Jan
16% Mar
429
68'/a
25c
16%
2c
Wright Hargreaves Mines Ltd..
68 Va
Feb
75c
/25c
2.80
Feb
15
74';/ 20
Jan
Jan
15
710
25c
Feb
92
Jan
Jan
I8V2
2.00
108
15
6
lVac
Jan
Apr
Mar
1.00 Mar
Feb
925
Feb
17%
5 Va
1,000
105
717%
330
"
2.80
50
17V2
17 Ve Mar
100
l%c
;■>/11
38%
6
Jan
Jan
1.00 Mar
2.80'
107
37
5'%
14 Va
98
l%c
Wood
38 %
25
._
__1
Teck
2Vs
20
1.00
Apr
Waite
13%
17Va
99 V2
*
Jan
Jan
120
'. 927
l67/8
99 %
-
1.04
Apr
Jan
Feb
Jan
2.95
15%
Feb
13%
>11
2.10
73
Apr
100
Apr
Jan
Jan
1.75
12%
Apr
14'/a
Mar
Jan
11%
76%
1.26
Mines Ltd
Jan
120:
Feb
12%
••■■"
115
14
10
.18%
Jan
90
Ltd—1
Apr
6
415
Jan
4Va
Ltd——*
Apr
9V»
3,670
Jan
15%
80
900
92
•77
10
1,250
6%
97c
62
12%
1,110
171/2
2.10
146
120
14%
171/4
97c
226
120
13%
Jan
2.00
14%
12%
12 %
^
Jan
1
British
92
2Va
30c
Apr
Col—1
Ltd
Mines of
73
2
Jan
—
Dredging Ltd——1
Mines
107
14%
15c
__
Ltd——1
14%
—
2,250
17%
*
Mines
Shawkey Gold Mining Co Ltd
50
25c
.1
—.
Gold
7'A
Feb
7%
Consol
Ltd
4% Mar
Jan
50
25c
Apr
—
Mines Ltd———.*
O'Brien
40
4
7
1.50
,25c
1
—
Jan
10
Jan
6
1
Mar
50
3%
'1.00
Mines Ltd—1
Mines
14
75
160
—1
Lake Gold
12
4%
7
__
._*
Apr
12%
16
Jan
167/a
—__*
Feb
985
15%
Jan
—1
Ltd
Ltd
Jan
38
—
Ltd.—.
Cockshutt Gold
75
51
Jan
1.50
6%
1
13
25
Va
Ltd
11
962
Feb
12V'4
__
_*
24Va
30%
Apr
12%
13%
*
36
38%
Jan
23
7
:_*
40
27
Jan
Feb
4%
60
100
Mines Ltd
Jan
9%
■m?
Jan
22%
50
15
4,726
14
3 Va
„
-
1,680
5.00
5%
11
Jan
Feb
16
1
345
25
Jan
3%
Feb
1.50
Mines Ltd———*
40
7
t
2%
21 Va Mar t
19%
,1.070
15
;
4%
24%
Jan
15
Mines Ltd.l.—.1
3,462
7%
60.
3pO
t,525
23 7
15
14
1.50
5%
Mines Ltd—..—
2,839
*
2__7_—100
98
101
48%
*
A—//—
21
10
4%
11c
Mines
Mines
Gold
950
25%
7%
3'A
22
3% Mar ,7
7.308
21%
41/4
3
,
2,480
•
23%
215/e
25c
_*--
Mines
Mines
Addison
Shore
4%
23
*
Nickel
10
24 Va
Gold
Gold
Lake
277
Feb
——100
92
;
—"/Li——*
—7
1,425
Malartic
15%
*
"B"
19%
14%
15%
*
Corp.7—
Preferred
18 %
11%
of
'——.—
Francoeur
Jan
45%
preferred.100
Cotton
Ltd
Falconbridge
Apr
7%,
—.——50
Winnipeg Electric class
Jan
39%
48
2—7—... 25
Steel
East
12 Va
Jan
29%
50
Canada/ com
*
Canada Power.—Ji
*
of Canada common/———*
Tobacco
United
Apr
10'A Mar
12
6
77
Dome Mines Ltd
33
4%
.100
Preferred
Tuckett
Mar
Jan
100
,
Apr
/
Cadillac
1,730
'12%
Paper preferred.*.—-100
Shawinigan Water & Power./.
•
Williams
32
Jan
Ma,r
15
Aldermac Copper Corp Ltd
Central
Jan
27
___.*
com
Apr
4%
—
'■/
24
Lawrence
Sherwin
Feb
Feb
Mines—
Apr
13%
101% Mar
Ltd..
Feb
3%
85c
14
*
Walker-Gooderham & Worts
$1 preferred
—7?
——*
Mills
11
Jan
Jan
Securities
47
—•
common...
Jan
27
4,728
38%
48 Va
United
Jan
Jan
26
—*
common
3
65c
,
1.50
Southern Canada Power 6%
pfd
100
United Distillers of Canada Ltd..*
United Fuel class B preferred—
Jan
12
Ltd
100
;
Jan
__
2,801
11
30
Jan
Co
10,360
8
Feb
Feb
*
Co
3%
70c
Apr
Jan
8
v
2%
Mar
♦
11%
14 Va
14
v
8.90
5%
5%
3%
Apr
13 Va
11
—*
;
13
10
Jan
2% Mar
24 Va
*
pfd
;7
8% Jan
12
22
♦•
1st
443
25
__10
Bridge Co class A—-
39%
24%
25
Apr
8
14
_*
Preferred
Sarnia
11 %
6%
__
*
preferred
Lawrence
St.
13%
6%
Jan
98 %
1,180
Apr
Apr
Grain
225
170
preferred.——.50
Transport
37%
7 %
Paper
Lawrence
32
10
preferred—.2--^—100
Saguenay Power preferred—77——100
St
90
101
24'%
Feb
9%
Jan
4%
2,162
100
—
86
106
Jan
75
2,480
13%
•r
_•
.....
4%
150
11
13%
—,/—2——^ "
2
.-Jan
6%
30
37%
;
Mar
Jan
94
10
30
9
Jan
8
110
13
25
commopj
79
100"
1,995
101 % 101 %
13
Jan
'
9%
865
Corp..—/————*
Ltd
83
989
Canada—-t—:——*
Co
7%
1,995
106
6
101 Va
Feb
Apr
15%/Jan
Feb
14'A
"
9
8%
6Ta
common
of
5'A
22%
83
Aircraft——1.4.——.—*
Corp
Jan
Mar
5%
Light Heat & Power com—100
Penmans
4
21
2nd
130
2%
250
Light & Power 6% pfd.100
part
10
131/2
14
preferred.100
common
'
'
Page-Hersey Tubes Ltd
Power Corp of Can 6%
6'A
Feb
70c
__
Provincial
45
Power Co...—_.—*
preferred
Reliance
Jan
7
7V__
Corporation Ltd
Noorduyn Aviation Ltd...
Feb
7% Mar
85
•
5%
Ogilvie Flour Mills common_7_2
*
Ontario Steel Products commbn.7—*
Car
1.30
Jan
85
.-
5%
-*
Apr
620
,
5%
•
common'/—I
5%
50
7 5
Jan
75c
100
5%
Niagara Wire Weaving————7——1* /
Ottawa
Mar
15%
—
—J
Noranda Mines Ltd
Mar
7
7'/a
105
7——————25
Car
Steel
81
22 Va
9Vi
•
Mortgage/.:,..
Breweries
Preferred
National
96
Jan
Feb
15
83
106
Paint Co common—/—.——*
National
Apr
5%
39%
Apr
26
v
—
Island
Nova Scotia
95
31/4
*
Moore
Feb
Jan
76%
80c
7%
9
coin—*
Light Heat & Power Cohs
Montreal
96
8%
7%
63
5%
_
Jan
Mar
6
Apr
27
& Paper Co
Milling Co common—1_*1
Refrig & Storage vot tr
$3
Jan
45 Va
8
__
i_i
Montreal
'
Jan
2238
Montreal
Apr
10'A
Jan
5V2
135
125
7,75
-V
:
6%
5
Candy.—3
.
8%
7
1,245
*
Ltd7
Jan
22%
preferred-—7—100
Massey-Harris
'
-
81
6%
5
Public Service preferred—100
the Woods common/
_*
of
Laura
Power
Co
7
96
•
Imperial Tobacco of Can
International Nickel of Canuda
120
15
9% 7 •4,736
8 Va
350
80%
15%
-L——...*
2—
•
commoh
5
Ltd
,
6%
:
——100'
Mining
Oil
V
.
8
80c
common.—-——* 2
-
125
Apr
'
/_/_/——5
Paper
14% Mar
7Va
7i—.
100
common—2 —1——-* *
Preferred
27%
Jan
25%
4%:>v
*
Preferred—..
Mitchell; Robert Co Ltd—
Apr
Jan
6%
—_1—100 7
common—/——•
Hollinger Gold Mines
33%
IIV2
*
Gypsum, Lime & Alabastine././
Hamilton Bridge
Jan
Jan
776
24%
*
McColl-Frontenac Oil 6%
Melchers Distilleries Ltd
45.Va .Apr
Mar
44
23
Massey-Harris Co Ltd 5% pfd_——100
28% Mar
168
45%
85c
41%
4%,774%,
*
Power
Feb
4%
__
Ltd A
Paper &
Mar
2%
9%
Power
Leaf
Preferred A
10% Mar
/
;
-
24%
9
-7
Maple
Apr
732
96
-27-.
(Charles/
i'
610
6%
Players Canadian Corp—
*
Co of Canada
2—_—*
common
/
Jan-,-
26
.
12
a
Jan
37%
27'A Mar
940
*
St John
MacLaren
Jan
•-;
,7Jan
5
13%
<
1.00
Power
9%
•
1,600
?-
Feb
,Feb
,5
•
27 Va
—
Foundation
Gatineau
7%
■1,310
v
106
•
26%
9
•
"
English Electric class B———*
Famous
7
13%
-2....——*:
-I————* 7/
—12
>
Jan
•
125
*
Corp
Mar
Lake
Apr
169
26%
Corp.
*
International Utilities
Corp class A—*
Apr
Feb
9
Jan
Jan
2%
25Va
•
'
17%
8% Mar
Jan
__
_*
common
Class B—:
162
13 %
Ltd.—*
Voting trust
Hydro-Electric Securities
"Feb
30%
3% Jan
1277 26,590
10 Va377
45%"::
-
3%
v.
•
Apr
237
15% Mar
44
3%
Dairies
Aircraft Ltd.—
148
8
—_*
Paper Co Ltd—
Motor of Canada
Ffaser Companies, Ltd
100
3%
10
common—./— *
Ford
Jan
,123
Feb
^
Fleet
28% Mar
104%
725
10 Va
common—/.?———*
.
1,350
27Va
71-1:—100
Dryden Paper 7:
11 •'
43/4
•44%
common—*
—
/
V2,f-
4
27%
B——-/*—— —25
Dominion Tar & Chemical
Feb
25
80
105 i'
1Q1/2
45
Ltd.—_J4— 1
Stores,
120%
33%
Woollens
100
910
14
Co
200
9
44
„
A—
Linol
17
39% Mar
6,080
__
Ltd 7% preferred—100
Aircraft Limited—..
5.00
Fanny Farmer Candy Shops—
1
Apr
139
&
Jan
2Vz
:
Pairchild
Apr
29%
"
class
Apr
27%
4%
„
Engineering Works Ltd.—4
Eastern
Apr
9%
Jan
35
■-*/.'
27V*
17%
~
10 V2
25
.>?_*—-.100
Dominion Steel & Coal
Dominion
580
30%.
4%.
preferred—i/4-^
Glass
121
30
-
4%
•
35%
Ltd
Jan
2%
1.80
45%
*
Oilcloth
Donnacona
Apr
Feb
34
Corp Ltd.—.-;
39 Va
Jan
4%
__15
Frere
Dominion
Jan
-
.
-Feb
28
105
*"
•
Apr
133
'7
134
26
_7
Distillers
■v
Jan
76
•134
11
Seagrams common/.*
Dominion Bridge'.—
2——
27%
27
30
Smelting*.,—.—5;'
Glass
Jan
790
25
&//:
a—-
i
>.
7%
2,335
: /
Railway_*J?L.
32
28'/»
'
100
7%
12V8
'
Jan +
31%
370
2,785
33Vi
26
com.—*
v,:
Jan
390
-
••
33
.7——
Canadian Pacific
Jan
28
Canadian Industrial Alpohol -class A„•
.-'."-Class B
J,'
9%
Apr /7 >:
9
'
28%
—i.777—100
—„——7
33
5%
•
2Va
—*
common
Jan
1.45
164
163 163 Va
__
100
Ltd
Dominion
Jan
33
Canadian Celanese common.——.—•
Preferred T/o
;._7I.4L1.
7100
Canadian Converters Co Ltd J?—/—-100
Canadian
5%
&
17
High
36%
.
164
*
Ltd
326
35
9
1
Dominion
Apr
Jan
Aircraft
David
Jan
14%
-
Co.—
Ltd
Products
37'A
17
100
preferred
Cub
Jan
15%
Feb
7-
2,401
7
35%
-9
8
-
Mar
4%
525
i
i:
Jan
Feb
-Feb
1
11%
-
1,220
5%-7
12%
4
13
300
7
32%
9%
5 %
Apr
26%
Jan
Food
3,570
36
—
Commercial Alcohols Ltd common
*
Consolidated Div Sec preferred
..2.50
Consolidated Paper Corp Ltd,
•
Jan
19 %
Jan
2
200
34%
32.%
,
•
23%
7
5<h
Feb
150
Jan
Catelli
Jan
15%
Jan
14%
30
-
-
25 V*
Jan
12% Mar
75
4%
11%
-
21%
141
Vickers
cumulative preferred
Canadian Westinghouse Co
Low
39
2%
36
•
7%
Feb
Feb
Marconi
Canadian
Mar
103%
140
»
Canadian
Jan
Range Since January 1
High
3.9
Ltd—*
—
Shares
2%
2%
*
Investments
Industries Ltd class B
preferred
17o
Jan
133 "
10,934
14%
•<
9%
•■
Jan
100%
376
14%
34%
I
7 > 837
Feb
821
105% "Jan
77
-13%
/ -4%
_.7/ :75%,
i 12
preferred
7%
4%
8%
20
General
Canadian
Feb
3'A 7
14%
1334
14
1,100
7 •7K', 7
1
Dredging...—-5.00
Canada Cement common—i—..*
Canada North. Power: Corp-,/—.
—;
Jan
599
,
25
3%
"7
11%
Dredge & Dock Co
Canadian
Jan
652
-~
19 V*
725
25
:
Building Products A
\
18%
4
377
13%
r
:
-
25
149 % 150
Feb
50
2
-
13
150
Corp A
131
24
13
10U
' Silk MillZ
Bruck
129
-24
—J—
-
9 :.C,. v'
83-.,
Canadian
High
3 7
25
101% 101 %
•
Bathurst
Bell
Low
25
•
13'/a
83
pfd——50
Corp
%
9
\jj.
„u*
Canada
4
,13
I—'.——100
;
High
4
Low
*
Breweries Ltd common-*—*
Preferred
*
Range Since January 1
Sales
for Week
of Prices
Par
Malting Co Ltd
Canadian
for Week
Shares
Low
l.-
common.'
common
of
Par
Canada
-Range
Sale Price
■/••V.
sales lists
Week's
Last
STOCKS—
Sales
V
of Prices
common
common
Co
Asbestos
Shoe
Ltd
Aluminum
",
Ltd
—
Aluminium
Sale Price
.V
:'
Acme
Friday
Exchange
Funds
April 3 to April 9 both inclusive, compiled from official
'•
1353
9%C
9%c
10c
"8,200
1
15c
13c
15c
3,500
9%c Jan
Feb
Apr
Apr
25c
Apr
8c
Jan
12c
Mar
9 %c
Jan
15c
Apr
THE
1354
CANADtAN MARKETS
-
Monday, April 12, 1943
CHRONICLE
vOMMERCIAL & FINANCIAL
Listed and Unlisted
-
Last
STOCKS—
Brazilian
Distillers
&
Brewers
*
Oil
American
British
-5
-——.
7.40
8,007
14%
Jan
19%
5%
Feb
6 %
20%
1,179
17%
Jan
20%
Apr
25%
80
23%
Jan
27
Feb
26
29
23,200
19%
Jan
30
Feb
46c
Jan
57c
Apr
Moneta
52c
57c
64,150
2.40
2.55
1,950
14
15
405
1.54
3%
4
4%
5
Apr
Montreal
Jan
Moore
95
95
47/s
3
Jan
4
946
4%
Jan
5%
Canners
Canadian
5 %
preferred
preferred
1st
Canadian
Preferred
2%c
2%c
4,175
35
37
504
62
Gold
19
200
10%
7%
279;,
27%
33%
3tiO
47c
22
17
22
670
10%
1.25
10%
12
32,760
1.18
1.25
900
Jan
1.35
Feb
1.24
1.34
125,303
1.00
Jan
1.34
Apr
7%c
9%c
13,800
7%c
Jan
9 %C
Apr
76c
85c
27,300
65c
Jan
2.15
2.35
325
15
905
11
1.15
45%
125
126
25
135
34%
60
33
Jan
37%
Apr
17c
18c
4,500
10c
Jan
23c
Feb
4%c
5,500
3%cMar
4%c
Apr
30
33%
675
25%
Jun
33%
Apr
23 %
•
Hard
Ltd
„
-
&
Mines
common
Preferred
A
Gold Mines
Kerr-Addison
Lake Gold
1
1
Mining
Shore
Mines
Lamaque Gold
Gold
Mines,
Macassa
Ltd
1
5%
100
3.60
3.70
3,012
23
23%
75
21%
22
215
4
4%
670
22
23
2,122
22 %
26
25c
—1
1
MacLeod-Cockshutt Gold Mines
Madsen
Red
Malartic
Lake
Gold
Manitoba
&
Maple Leaf
Gold
Mines
1
Fields
Eastern
Milling
-
—
common—.—
8%
McColl Frontenac Oil common—J
*
4c
1,500
21c
24c
29,750
footnotes
Apr
Jun
Feb
6
Jan
3.75
Feb
Apr
23%
Apr
3.10
23
Feb
23
Mar
21
4%
Jan
3%
Jan
1.9%
Jan
23
Apr
21
Jan
22%
Apr
Feb
32c
Jan
20c
6% Mar
9 %
Apr
8
Feb
9%
Apr
3c
Jan
4c
Apr
Jan
12 %c
29 %c
Mar
Feb
2%c
4,000
2c
Jan
3 %c
4c
4 Vac
5,000
3c
Jan
6%c
Feb
16%
18
177
18
Apr
14% -Feb
37
3%
Jan
5
Mar
35
35
5
26 %
Jan
35
Apr
5%
5%
1,370
4%
4 %c
4
Va
5%c
50,300
5%
5%
1,986
3
3%
360
45c
52 c
42.948
3%c
4,000
14%
15
440
10
11
6,140
3.25
3.40
15,166
Feb
5%
Jan
5
4c
Feb
7c
Feb
4%
Jan
5%
Jan
3
Apr
3%
Apr
40c
Mar
58c
Jan
2%c
Jan
3%c
Feb
14
Mar
15
Apr
Jan
11
Apr
8.50
2.65
3.50 Mar
Jan
Feb
3c
4,500
Jan
5%c
21c
12,600
17 %c
Jan
21c
30
v
3 %c
19c
31%
920
26%
Jan
32% Mai-
60
60
25
55
Jan
65
8%
30
171
172
5
13%
14%
8,086
7%
7%
310
30c
2,500
3c
8%
7
'
Apr
Apr
7 %
Feb
26c
Mar
14%
173
Jan
11%
Mar
,
35c
Explorations
see
page
Co.
1355.
Jan
12
1,573
10%
Jan
12
Feb
98
30
90
Jan
99
Mai-
97
20
90
Jan
97
Apr
33
Jan
39%
Apr
2,530
17
Jan
19 %
Apr
20c
25c
1,040
20c
Apr
30c
7c
8 Vac
16,000
6c
Jan
10c
Feb
17c 17 %C
4,815
13c
Jan
39%
4,023
18
7c
19%
%c
Jan
v.,
21% Mar
2c
%c
1 Va c
1,100
6.25
25,230
62c
70c
26,815
55 c
Jan
70c
Jan
51
Ajir
125
Jan
145
.Apr
1".
145
34c
10,400 v
40c
50c
Apr
1,700
2,426
40
5%c
'8c
3,000
3 %c
Jan
89 c
13,100
85c
85c
8%c Feb
..
75c
463
1.20 ;
1.15
:
.
.
Jan
Apr
28c
1.00
Jan
Feb
a.04
20 Vac
500
20 %c 20 %c
r
Api-
Apr
•
Jan
8c
Apr
1.19
49%
Jan
1.05
1.19
Feb
..
Jan
Feb
1.30
Feb
4
Mai-
4
4
125
67c
70c
18,550
Glc
Mar
73e
55c
Ontario
57c
1,500
38c
Jan
65c
Feb
-19c
Feb
11 %c
Jan
Uy- 3%
Steel
Co
Products
—I
16c
15c
17c
11,800
VaC
Jan
8c
7%C
9%C
97,200
7%c
Apr
12
12
300
75c
75c
36
2%
2%
48
2%
Apr
5 %c
6V4C
20,700
4%c
Jan
9c
88 %
Jan
98
57c
Jan
92c
common....—:.——4
Orange Crush,
Preferred
——4
*
—
;
;
5%c
Mines
Gold
98
98
60
70c
92c
44,591
3c
20,000
2c
Jan
19 %'C
22c
26,400
16c
Mar
93c
99c
9,070
85c
Mar
.1.74
V 1.71
1.80
13.480
1.98
1.74
2.10
42,112
55o
—
55c
58c
3,000
7
V
_4
7 %
7
V
—
"7%
7%
Fen
Apr
Apr
Feb
4%c
Jan
1.05
&
Jan
Feb
1.90
2.10
Jan
Apr
Jan
65c
Mur
6
8%
Feb
Jan
91 %c
Apr
4
240
Jan
58C
!S
13,800
7%
Apr
23c
1.63 Mac
1.25
% 52c
89
,.
89c 91 %c
.1
Metals
—1
East Dome Mines—.
1
Pressed
Mar
\
Mining!;——
Gold
Apr
3
V 99c
—
Gold Mines.;;.
Corp of Canada
Power
75c
2%c
;
Powell Rouyn
Premier
12
Apr,...
21c
Gold Mines of B C__—
Pioneer
Apr
75c
V;
Ltd——
Paymaster Cons Mines
Perron
Gold Mines
12
88c
Page-Hersey Tubes Ltd__———4
Pamour Porcupine Mines Ltd
i—4
Partanen Malartic Gold Mines Ltd—-
Pickle-Crow
'
■
Oils Ltd
Jan
8
1
commonr-4
Nickel Corp..
Ontario
68c
Jan
7% Mar
2.25 Mar
Jun
1.72
1.92
1.86
2.02
41,850
—1
38 c
38c
38c
4,770
31c
Jan
44 c
i.———
1
r;_—;_4
8 Vac
8%c
9%C
7,500
7c
Feb
9%c
Apr
24
Apr
100
140
140
141
129
Koyalite Oil
——
—4
Russell Industries Ltd preferred. ..-100
25
Preston
Queenston
Reno
Gold Mines
Riverside Silk
Royal Bank of Canada;——
St
St
Corp
Lawrence
100
4c
4%c
3,000
2
2
500
1%
Jan
2%
3.25
48,129
1.86
Jan
3.25
20c 22 V2c
15,300
2.70
3.05
21 %c
18'a
Jan
4c
Feb
1.05 Jan
92c
19,667
67c
Jan
6.50
6.50
300
9%
9%
25
8 Va
8%
275
,12%
12%
60
—4
.J—14
Limited class A-;;—-..;
:._-4
.
v
16% Mar
04 V
5.75
Jan
9%
Mar
10
Feb
'v
.
Feb
12%
Apr
96
Mar
45!2CApr
Jan
45c
41c
36,350
29c
2%c
26,200
IV4C Mar
5%c
4,000
16
230
4
3 %c
Apr
9
Jan
4%
Feb
190
59%
Jan
70% Mar
Jan
76%.
69
68
Va
70
76
73%
76%
130
1.77
1.71
1.80
35,500
6,000
::
66
13c
Jan
11 Vac
1.86
1.95
74 %c
82c
9,601
1
1.60
1.49
1.68
11,370
1.28
Jan
Tamblyn (Ltd) commpn.
^^„_4
Teck-Hughes Gold Mines —.1
Texas Canadian Oil Corp.———...5
12
'12
12
170
10 Vt
Jan
2.70
3.20
1.10
1.40
6%
7
65c
65c
12c
12c
Mines] Ltd—
Sylvanite Gold
!•'
•
i
•'
3.00
Tailors Ltd •common————4
Mines
1
Exploration Co...—_„1
City Rapid Transit common-.—4
Towagmac
Co of
Canada—;.—.;—4
Waite-Amulet
Apr
7'-,
Feb
65c
100
61c
Jan
12c
500
12c
Jan
18c
Feb
Apr
7
Feb
Jan
7%
7
193
6
2,742
6
&
Wendigo Gold Mines.;.
22
Mar
23
32%
Jan
37
4
4
i6
3%
Jan
6,785
4'/«
Jan
v
,
;
5%
> • !.
1.20
1.16
1.26
5.85
2,135
11c
4.85
lie
4.90
5,194
com..'..4
50%
50%
54
20%
20%
385
Preferred
Preferred
Feb
6.00
4.95
Jan
Jan
Mar
Jan
54
Apr
Jan
20%
Apr
19c
Jan
24c
Feb
8,500
4%
850
3
Jan
40
Jan
12
Feb
13 % Mar
94
Jan
99
4
83
66
83
4,479
_,.4
13%
13
13%
280
common
Feb
J.28
15c
23c 23 VaC
23c
4%
—100
—
Ltd
■1
—1
Apr
19
47
848
20%
3.40
"
6
Jan
9%c Jan
500
4.75
4.40
,
Feb
4% Mar
'.!!
Jan
95c
51,100
5,50
.......1
—
Feb
Mar
100
5.50
common-.——4
Flour
Canada
Feb
75c
215
4
Worts
,
V V.
23
,„4
Walker-Gooderham
25 V
Feb
4%
83
Apr
Apr
lioo
99
99
2%
2%
12
2%
Feb
3%
Feb
4
—
2%
Jan
3%
Feb
Jan
43%
Feb
4.20
Apr
Winnipeg Electric class A.
B
1.40
33 Va
4
Ltd—
Mines,
3.20
Mar
1
.—
Apr
Jan
Jan
6
1.85
23
5%
—
Mar
90c
33
4
Upper Canada Mines Ltd—.
Ventures, Ltd.
Vermilata Oils
Apr
'
.12
23
—25
United Steel
Apr
1.68
33
A———4
United Fuel Invest class A—
...50
B
82c
125
/
.7
l'»
800
:
7%
6 %
"7
!v
Api-
-2.10 Mar
Jan
Jan
65c
-
class
Corp
146
<
189,400
'
Gold
Gas
6,810
Apr
2.14 Mar
Jun
1.51
10c
82c
Class
Jan
7
1.85
Westons
Feb
47«
200
235
8
13c
Western
Feb
1.75
4%
8
4%
4%
———_—
—
Class
Feb
Mar
16
—...
Radio
Mines
;
Sturgeon River Gold Mines—.
1
Sudbury Basin Mines..—
Sullivan
Cons Mines,'..—————_—_l
Union
Jan
7c
Jan
1.00
Feb
Jan
3%c
Jan
10
400
150
135
&
Paving
7% Mar
Jan
Jan
2c
16
Chemical Co Ltd
;
3%
27,800
.
38c
__;_4
;
.
86%
180
96
4%c
39c
2%c
__1
Petroleum—...
Steep Rock Iron
United
Feb
8%
38c
50
?
.
40c 45 %c
42 c
Materials com.—4
' 4
—4
Steel Co of Canada common—
4
Preferred —"
25
Twin
Feb
10
'
94
95%
Mines...
Mines—1.
:
7
4
.100
_—
—
Preferred
Toburn
Feb
6.75
Mar
8
%
1.01
—
Lake Gold
Standard
"
y
Jan
__„_;_1
Standard
Feb
Apr
Jan
Feb
89c
Standard
Feb
30c
Mai-
18c
Apr
6c
V;
2c
88c
End
Jan
85c
1.02
Gold
South
V■•I 2c
170
Jan
8,150
2%c
common
152
2,000
17%
—1
Sladen-Malartic Mines ——;
—1
Slave
0
88c
Preferred
Siscoe
Apr
558
2-VBC
B
Class
25%
Jan
21%
Jan
142
168
17%
Sigma Mines
Simpsons
x.
25%
2%c
Preferred
Jan
25
Water &: Power——.4
Gold Mines———
....1
Dairy
Jan
4
__1
1
common
Ltd —
Senator Rouyn,
22
134
80 !
.
1
Goid Mines Ltd
San Antonio
'
24
•
24
168
Ltd
Gold Mines
Anthony
Jan
3
3
140
33
32%
34 Va
114
3.80
3.50
4.20
21,882
40
41
$1,500
;_4
—I
100
Preferred
•v
20
Wright-Hargreaves Mines
4
2.50
Bonds—
Uchi 6
%
<
Jan
Feb
45
Feb
26
Feb
10c 10 %C
3,500
10c
Apr
10 %c
Apr
48 %c
50c
2,500
48c
Jan
71c
Feb
14%
16
9,875
10%
Jan
16
Api-
3.65
,
4.75
Jan
Jan
5.30
Jan
9%c
9%
Jan
10%
Feb
5.30
6,316
8c
31,000
9%
10%
81c
84c
20,000
GO Vac
Jan
70C
77c
35,959
68c
Mar
20%
21
508
19
60
19%
18%
Feb
Mar
85c
1.00
21%
19%
April 3 to April 9 both
Last
Mar
STOCKS—
3.40
17,275
1.69
1.84
40,295
1.17
1.26
54,943
Feb
Bruck
Silk
Mills
Bud
Canadian
1.51
Mar
1,84
Apr
Coast. Copper
Jan
1.26
Apr
Consolidated Paper
Marconi
Co
Ltd
—,
1.92
55,005
1.66
Apr
2.09
Feb
Dalhousie
%
Jan
2 %-c
Apr
Dominion
Bridge
6 %
7
3,733
Apr
Foothills Oil & Gas.
12
13
837
10%
Jan
7%
7%
5,686
5%
Jan
17
988
14%
Jan
6%
6%
632
100
iod
8%c
8%c
15
1,500
6
Jan
92%
Jan
5 VaC
Jan
14
7%
17
7%
100
11c
Range Since January 1
'
Feb
Mar
Feb
Lake
Oreille
Mines
Ltd
Mines &
Stop & Shop Ltd
—
Metals.'
—
Supertest Petrol Corp ordinary
Temiskaming Mng. Co. Ltd
1.50
400
4
7.372
,
.100
...
4
1.61
238
1.15
1.30
4,100
35
50
8C
4,000
1.60
1.70
2,220
7
7c
Feb
9%
Feb
Apr
10
6
Feb
85c
Jan
1.95
Jan
1.80
1.20
3
29c
Jan
78c
Jan
34
,8c
1,05
15c
25c
33
15c
2%
50
18
5%c
7 %c
28,500
Mar
Feb
4
43c
Mar
.
Apr
35% Mar
19c
Apr
1.74
Jan
Apr
5%c Jan
Feb
1.30 Feb
Jan
Jan
Apr
,
27
25% 'Jan
2%
15C
]_4
1
1,100
27
8c
1
—1
35c
35
1.17
—
Osisko
515
6,561
35c
-
Ontario Silknit preference—
3%
High
Low
105
26%
...
Apr
Pend
1.40
...
Feb
Mar
10
2%.
3%
Oil
25,000
9%
1.75
...5
Corp
2 %c
7 %
2%
—_1
...;
1.71
7
for Week
Shares -
High
9%
Breweries..
Apr
Jan
of Prices
7
Ltd..——....
3.40
4%
Range
Low
Par
Jan
c
sales lists
Sales
Week's
Jan
Jan
2.30
70c
Sale Price
•
Funds
inclusive/complied from official
Friday
Canada
2.85
Exchange-Curb Section
Canadian
Feb
515
Toronto Stock
Apr
5c
4.60
6 %C
18%
6.35 Mar
2c
13
38
Feb
6.00
■—
6.15
67c
6%
965
Feb
37%
37%
18%
16%
4
Apr
97,
11%
7%
_'_4
Ltd——
Preferred
Jan
158
Mar
9% Mai-
Apr
15
48 %
20 %c
1
:——___■4
Mines—.——
Gold Mines—;—'
Omega
Tip Top
16%
6%
100
Preferred
For
100
Apr
1.20
Jan
•
,
Segur
50
9%
1.35
28
Jan
97
4
*
common
Preferred
McDougall
9%
9
Feb
4%
Feb
14c
Mar
20
Preferred
Massey-Harris
4,700
27C
'.
Jan
8
Jan
46
'
Mar
Apr
12
51-
34c
8% Mar
6
100
1.15
——
—
Gold
Silverwoods
1.0.)
Jan
1,000
6!
14%
47
Mines ——;
—5
Noranaa Mines
———*
Nordon
Oil
;
1
Normetal Mining Corp Ltd—i
♦ •
Northern Canada Mines Ltd—-.
4
North Star Oil common—;———'5
Preference
5
Nipissing
Feb
81c
6
150
8%
6
49
38c
;...l
-——-1—_—
Negus :
Mar
20
Mar
145
.
10c
65,510
Mai-
25
49
.
12%
•
3,25
1.79
1.20
1.76
National
Jan
—
10
83c
70 %c
21
18%
National
Jan
1.35
Apr
Apr
50
30
107
14%
4c
1.17
47%
"
.
190
50
(•'
A..—
8%
4%c
Jan
27
Jan
186
7%
7%
_4
Corp.;—__t— —25c
Pipe class
705
67,200
Feb
Mar
182
50
9,000
12c
Fob
Mar
Jan
%
44%
184
184
TOO
—j.—;
24
Feb
1 80
JanV
312
8 %c
8c
28c
5.25
7c
389
47%
11%' 12%
/—.
50c
14 %
Mines.
—1
Laura Secord Candy—
————3
Leitch Gold Mines. Ltd..
1
Little Long Lac Gold Mines Ltd
:
*
Loblaw Groceterias class A
•
Class
B.
—*
Cadillac
;
Jan
8%
1
1
—
Ltd
Mines,
25 %
46
Sheep Creek Gold Mines.;
50c
Sherritt-Gordon Gold Mines...—1
30
..."
4
Ltd.
Mines
Dufault
Lake
25
46
Feb
.
.
25%
6
1
Townsite
Lake
108
.
_
__4
Power—
Feb
37%c
Feb
28c
.
Apr
27c
22c
9,380
Jan
...100
*
International Utilities Corp class B—-1
Jack Waite Mining—__
,■—,——:_i
Jason Mines
1
J M Consolidated Gold Mines
— 1
33c
2%
4%
3.25
3c
Petroleum
International
Mines—a—a
31c
Jan
1.22
700
31c
566
4 %
10%
common..-...-*
Nickel
International
818
2,400
25c <•;
Shawkey
15
.100
—
preferred——_
5%
1.78
25c
Shawinigan
12
Metal
5%
1.70
'
—1
Feb
Jan
22
40
...
%"
Lapa
Feb
27
'■
14c 15 %c
5%
—;_4
—4
Jan
—100
International
Mar
Apr
172
13%
■Kirkland
105 %
3c
Imperial Bank of Canada
—100
Imperial Oil
—*
Imperial Tobacco Co preferred--—_£1
Inspiration Min & Dev———1
6
8%
-
_*
Corp com—100
4
Feb
10%
1
—
Mai-
27
50c
Mining & Smelting
Bay
Kirkland
20
865
5%
5
18c
Jan
4%c
—1
Gas_,
paid
Class A
108
...71,031
5'%
—•
Oil
Huron & Erie Mortgage
20'.,
Feb
8
22c
——_—1
.;
Jan
5%
4%c
18
4
1
—*
^
..
Mines—.
Gold
Hudson
23 %
2%c
:r4
Alabastine
&
11c
8% Mar
—1
Oil
Howey
Jan
9%
25c
Dauch Paper.__——______4
Homestead
20%
3 %C
_•
—
Hollinger Consolidated Goid Mines
Home
22%
201
7%
8%
Mining.-.————1
preferred—4
Saddlery Ltd common—4
]———-50
Bridge
&
Apr
22%
—6.
Mines——
Gold
Hinde
Apr
156%
9 %
4%
22%
4
*
-4
Hock
Harker
25%
Jan
5%
Carpets Ltd
—4
Gold Mines-—,.—
_1
Harding
Jan
142%
22
3.60
23%
22
*
Halliwell Gold Mines——__—
Hamilton
18%
22
107
Wares————4
Gold Mines——1
Lime
Gypsum
4,327
25
Co common———<•—4
Mines
West
25%
155 156%
—
Steel
Preferred
\
—
9%
8
4%
11%
Lakes Paper v t c
Great
Apr
37
__
—*
_1
Gold 'Mines..—
Gate
Golden
Jan
25
24%
Gillies Lake-Porcupine
Great
128
Feb
Insurance————_25
Power
45% Mar
Jan
Jan
84c
Canada class A
Apr
21
1
B
1.20 Mar
123
125
Aircraft Ltd.—-——
11% Mar
71
9,075
Co of
Mai-
11%
Jan
37%
1,033
Jan
2;65
Jan
9%
Feb
89c
98c
Jan
9%
28
Ford
Apr
Jan
85c
92c
Fleet
Api-
12
Apr
75c
27
Players
Eagle
-
22
2.15
84c
Nickel Mines
Canadian Corp
Fanny Farmer Cnndy Shops—1
Goid
,95c
260
44%
Jan
7%
6,190
11%
10%
22%
14,200
—.*
Steel Car
——
—»
Trust Co Ltd——100
Paculta
Fob
15
520
1.00
11%
Feb
56c
Mar
36c
U %c
Falconbridge
Lake
Jan
12c
1.30
Gold Mines
General
Feb
V". ; •" 5
*
1
-25
Investment Trust—
Equitable Life
God's
18
Jan
8c
Eastern Malartic Mines
Prancoeur
Jan
1
—_
Oil
Crest
15
20,450
97c
—
——
Co
Feb
137
Feb
4%c
common—32
*
23%-
Mines-—_—4
14c
—
94c
17%c
*
—
Mining
Apr
33%
7,628
'■
2%C
common——;—;
Okalta ?Oils
47C
—25
1
Apr
Petroleum
Feb
4%
Co
1%C
Sewer
O'Brien
133
3%
17,000
Cafeterias common——4
Apr
29
Jan
27%
1%C
Feb
9%
43c
—
Duquesne
Apr
12
Mar
22
Mai-
28%
x
Jan
1,155
4%
"A"—••
*
—
Bank
Gatineau
Jan
325
11
964
——
Class
6%
17
——100
Dominion Foundries & Steel com—4
Preferred
———100
Dominion Scottish Investors Ltd pfd_50
Dominion Steel class B_
25
Dominion Stores
*
Dom Woollens & Worsteds Ltd corn—*
Preferred
-20
Famous
Feb
137
1
Mines—
Eldorado
Apr
15%
Ltd..——1
Nickel Mines
Economic
Apr
9
32%
Mines
Distillers Corp—Seagrams
East
2%c
39
137
class
Alcohol
Petroleum
Dominion
Jan
9%
21
Feb
Jan
9
—
Dome
•fir, go
Jan
1.35
28
11
20%
1.29
Central Porcupine Mines-————1
9V4»c
Chesterville Larder Lake Gold Mines—1;:.
77c
Chromium M & S Corp Ltd
-4
2.35
Cochenour Willans Gold Mines
1
97c
CocKshutt Plow Co—
;
—._4
10 %
Coniaiu'um
Mines*
1.10
Consolidated Bakeries of Canada
4
11%
Consolidated Smelting.—
5
45
Consumers Gas (Toronto)
—100
125
Cosmos Imperial MillsJ
———4
24%
Crow's Nest Pass Coal Co__———100
37
Davies
Jan
Apr
1—17
Quartz Mining
Pat
Denison
Jan
35% Mar
33
Pacific JRy
Gold
Central
12%
66
25
8%
Jan
31%
393
77
7%
Feb
140
Jan
8%
28
Companies common——*.
Oil
Canadian
124
20
2,256
—
——
Canadian Malurtic Gold
Cariboo
Feb
35 Va
21
%—
Ltd com—9%
—
Industrial
Canadian
88%
——
Canadian Dredge
Can.
39%
Jan
136
35
8
————25
Celanese common
-*
Preferred
Feb
79%
12%
a
Canadian Car & F'dry Co
36%
34
20
-—...—
65
375
■}?. 77
2%c
common—
Convertible
National
87
135
1%C
Natl Grocers common—-.-—
National
39
11%
l%c
_
A—————
Feb
Feb
__
11%
34%
*
—
Class
Jan
86
•
99c
Light .Heat 81
Corp
95
Jan
92
38
.
—
Mar
336
55
56
Jan
1.61 Feb
1.15 Jan
2,060
■
Jan
83c
Ltd———"
Muirheads
1.45
47
21,930
Porcupine
2.55
Apr
760
95c
Gold
Oils
15%
3c
56
91c
Corp <of
Mining
Jan
1%C Apr
1,500
3c
l%c
54
92c
Mills new—
Canada
Mercury
Model
56
Lake Mines
1
Mines——1
Red
Gold
McWatters
Mar
1.60
13
—
Preferred
Apr
25
• > ; 1.45
'■-*
Preferred
—-—100
Canada Malting Co Ltd--—————*
Canada Packers Ltd.--———.—%;4 '
Can Permanent Mortgage
100
Canada
Steamship common-.
*
Preferred
:
—50
Canadian Bakeries Ltd pref——100
Canadian Breweries common
*
65
6%
20 %
Canada
Canada Cement common
McLellan
2,589
19%
6 %
*
British Dominion Oil.<—4
26
Broulan Porcupine Mines, Ltd—
1
55 %c
Buffalo Ankerite Gold Mines
* \ 2.45
Building Products Ltd
;
*
15
Bunker Hill Extension Mines—4
__
Calgary <fe Edmonton Corp Ltd
Bread common—.:
McKenzie
Apr
9.50
18
Power class A
British Columbia
Apr
9.00
9.50
18%
6%
20 V*
Ltd—;
*
-4
Traction Light & Pwr com..*
Mines,
Bralorne
High
Low
High
Low
5
Porcupine Mines
Mclntyre
9.50
Jan
Range Since January 1
Shares
of Prices
Par
High
Low
High
low
Par
.
Range Since January 1
Shares
of Prices
Sale Price
-for Week
Range
Last
Sale Price
STOCKS—
for Week
Range
-
Sales
Week's
Friday
Sales
Week's
Friday
*
Jan
Feb
Volume
THE COMMERCIAL
Number 4167
157
& FINANCIAL CHRONICLE
OVER-THE-COUNTER
Quotations
for
MARKETS
Friday April !)
Insurance
Investing Companies
Bid
Par
Bid
Far
Aeronautical Securities
1
Par
Ask
7.28
Bid
Ask
Aetna
Casual &
Holding Corp
AAmerex
2.83
10
B-l
29.64
32.48
Aetna
B-2——
24.68
27.12
Agricultural
Series
B-3
16.94
1
'2.95
3.23
8.83
9.71
Series
K-l
14.71
16.12
13.26
14.38
Scries
K-2
15.76
17.38
5%
6V2
Series
S-l„
22.09
13.01
Scries
S-2.
12.62
13.86
American
Re-Insurance_-
Series
S-3.
9.25
10.21
American
Reserve
Series
S-i.
3.98
4.42
American
Surety
2
,—1
Oil
Stand
£ Common
1
preferred
—
3%
4%
'
5'%
5.92
6.54
*
87.12
88.90
Sec Fund——10
36.36
37.10
Knickerbocker
Fund
Loomls
Basic
10
Industry Shares
3.48.
Sayles Mut Fund.
Loomis
__
Sayles
5
15.21
16.25
Broad Street Invest Co Inc_—5
23.96
1
13.67
25.90
14.98
1
3.00
3.60
Mass
Investors
Trust
28.63
Mass
Investors
2d
Fund
Boston
Inc
Ltd
Fund
Canadian
Ltd
Fund
Inv
.—♦
Century Shares Trust
26.63
1
Fund
Preferred
1
——1
,
series.,———1
AA
Series
1
2.52
mod—...
Series ACC
55%
14%
53 %
100
preferred-
A8%
Boston
100
of
19.19
20.63
Federal
9.35
10.05
Fire
.10
9.80
10.71
Fireman's Fd of S Fran
Inc
20%
£
Low
25c
1.17
1.29
1
6.04
6.53
38%
—
18%
£ 7
%
—.100
preferred
7.27
4.51
5.75
6.34
6.26
6.93
11.64
priced bond series—.:
England Fund
1
Newark
Indemnity
18.19
11
%
12%
5
28 %
5
45%
47!';,
17%
18%
Falls
&
42
Great
3.40
^5.05
-5.70
1.15
1.27
A.—
6.29
Dividend Shares..
-10
7.99
9.55
5.94
27
30.26
30
North Amer Bond Trust ctfs
•
17.61
North
Inc.
16.35
1.73
.5
5.20
Steel
Industrial
Financial
First
Trust
Mutual
Fund,
Fund
—_
——
Standard Accident
Trust Shares A——10
Amer
Trust
1.90
Series
5.79
A—1
3.55
1953
19.07
♦
*
3.99
Jersey Insurance of NY.
29.44
1
General Investors Trust,
5.03
4.67
5.99
6.59
Automobile
shares—
4.98
7.65
—
6.13
6.74
5.95
Building shares..——_
10c
1
Inc Shares—_10c
46c
12.54
—
—1
Food
shares..-JL,.
General
bond
5.60
6.40
3.45
84.13
85.83
2%
8.56
9.34
Shares
Income
1
Petroleum
1
5.94
6.59
_•
13.51
Investment
St
Corp__„_•
71.56
RR
6.72
ASeries
—
5.11
5.63
ASeries
—
5.03
shares
—
5.36
5.90
—.
5.80
3.10
1
Utility
4.09
4.22
C—
1
Continental
Corn
National Cily_—
Bid
1.345
Ask
1,375
—12%
32%
33%
,—17%
31%
33
Public National
193
Companies
Par
Ask
Bid
47%
45%:
—:—10
Irving
340
330
78%
82 %.
20
94%
97%
47
49
Bank &
Kings
County
Lawyers
_100
__25
_
.
___
150
-100
.
—
Guaranty
31 %
28 Va
Co
42
44
52%
54%
100
25
206
196
86%
89%
46
61%
290 %
Title Guarantee
&
12
5
——100
1,095
Trust—
5%
165
285 %
___
&
New York
45
58 %
50
P)
Ask
14%
13%
20
;
(J
Bid
1,250
20
common
Preferred
Morgan
18
16%
Trust- —10
Exchange Bank & Trust_20
2.11
D__
1
United
States—
1,135
2.03
Stand
Trustee
Oil
ASeries A
Quotations For U. S. Treasury Notes
4.11
3.44
32ds of a point
Shares—
1
5.43
1
—
5.92
Int. Rate
Maturity—
Ask
Bid
Int. Rate
Maturity-
Class
Amer Bank
1943.
1%%
100.4
100.5
tDec.
1945
1
100.7
100.8
tMar 15,
1946-
15,
1 % %
100.15
100.16
tDec
15,
1946.
1944,
1
%
100.17
25c
40c
3.80
Trusteed Industry Shares.
70c
79c
22.61
25c
United Bond Fund series A—;
Jun
15,
1944-
%%
100.12
100.14
15,
1944.
%
100.28
100.30
99.21
99.23
100.12
100.13
99.20
100.18
Dec
B_
Ask
99.18
%
1%%
__
1943.
Bid
% %
—
1943.
Mar 15,
Shs—
15,
15,
Sep
Trusteed
Jun
Sep
4.65
3.73
;
shares—
35%
100
Y
2.18
AA
3.42
3.71
shares
Tobacco
First National of N
Figures after decimal point represent one or more
6.38
——
Ask
20%
100
—
5.54
Equipment shares.
Steel
Par
Bid
—.10
__
7.38
6.11
shares—--^—-
b
76.89
6.71
;
ASeries B
Railroad
.2.50
2.50
14.39
Investors
Super Corp of Amer
shares..
34 7
Fire—.
Manufacturers
Fulton
3.86
Fund
Sovereign
State
Mining-shales..—
32%
34%
100
—
_
'Trustee Stand Invest Shs—
Merchandise shares
Westchester
185
Par
York
of New
Bankers
Empire
Selected
8.96
/hares———-
40%
3.86
—♦
Shares
Amer
4.85
Investing
Low Price/Shares.——_
81%
Guai
6.55
8.15
•
...
53%
77%
Chemical Bank & Trust— _i_10
Inc,
Selected
4.40
Electrical Equipment—_—._
51%
U S
13.41
Central Hanover
Spencer Trask
Chemical shares——
U S Fire.
New York Trust
51c
5.48
6.96
shares
..
32%
16%
19%
_10
13.55
2.03
Republic Invest Fund
Fund,
shares
31 VB
76%
Par
2.42
—_1
Scudder, Stevens & Clark
Agricultural
Aviation
0—2
2.47
1
1958
Quarterly
Group Securities—
453
38
20
_
.
Bank
;
31.66
66
443
New York Bank Stocks
Brooklyn
Capital Corp—
_100
74%
100
5.17
—
.
General
40 VB
63%
1.96
1
——
Plymouth Fund Inc
Putnam (Geo) Fund—.
20.90
4.34
10
128
29%
4.15
2
Inc.
Invest
Fundamental
..
Series
Trust Shares A—id
Fundamental
B
Shares
Trust
48%
124
shares
Series 1955—
8.95
Foundation
277%
15
Insur Co of North America- __10
38%
Series 1956
Fixed
38 Vb
Springfield Fire & Marine—__25
28%
10
6.54
28.14
29%
■■
46-%
6.76
Equitable Invest Corp (Mass) .5
Equity Corp $3 conv pfd
1
_
267%
_10
Travelers
5
Fire
5.03
6.14
Railroad
Inc
62%
Marine
Security New Haven—
47
10.50
4.56
Oils
Railroad equipment
Fund
24
7.55
11.97
Fidelity
6%
26%
22%
2
Seaboard Surety
99
8.79
6.85
20.11
1
—
Paul Fire &
10%
44
8.00
Machinery
_i_____
11.15,
Fund
Stock
5 %
25%
10
29%
96
11.04
stock
18.73
Fund—.1
Balanced
36 Va
9.18
7.27
10.04
equipment—
Insurance
Howard-
&
Eaton
34 Va
10
<NY)___
25%
Fire
15%
10
10
Corp
(Texas)
Fire
(Paul)
27%
Hanover
—
6.93
8.35
Electrical
Revere
__.
9.40
Metals
-
Dv—
Republic
9%
5
American
Hartford
13%
44
Fire
Republic
88%
5
Providence-Washington
Reinsurance
Globe
44%
29%
10
_
107
%
85%
Co_
5.86
11.75
8.55
'_.
Chemical
1
4.2.50
25c
C
5.32
stock
Building supply—
Diversified Trustee Shares—
9.63
10.69
Aviation
16.83
Fund—.————1
42
81
12.55
8.76
Automobile
:
Bank
Delaware
103
10
Fire..__
Pacific
Phoenix
5
General Reinsurance Corp
Gibraltar Fire & Marine
101
—25
Pacific
78
__10
new
5 Va
4%
97
65%
Inc—
Agriculture
-~
' 4.44
■
25%
5
42%
St
6.61
4.06
--
112
Cumulative Trust Shares——*
16
23%
Northern
Home
New
29%
29
14%
-2.50
River
63%
Fire
Glens
1-.
series..;
New York Stocks
—10
shares
B
33%
45%
5
Northeastern
33
36 %
5
Phila
of
Franklin
3.40
27 %
43%
Fire
40%
Firemen's
•
Preferred stock series
Forster Insurance—
&
Common
25%
31%
York
North
22%
37
__
Assn of
8%
177%
5.90
31
Casualty
Homestead
Crum
7%
10
Hampshire Fire
New
-10
General Life
Continental
8
60%
172%
Casualty.
New
10
1
Connecticut
87
5.70
5
York
New
—1
Fund
series
Income
;
118
—2
Fire
Amsterdam
New
8
84
4.40
voting shares
Bond
•'i
27%
common—10
7
4
58%
National'Union
55%
7
Hartford Steamboiler Inspect._10
& Forster
ACrttm
Y
N
50
15%
25
.2%
3.85
National Security Series—
--
2.52
Fire
National Fire
15%
53
Bankers & Shippers
City
National Investors Corp
2.09
mod.———_—1
Accumulative
Mfrs
&
74
46%
20%
14%
„10
Baltimore American-
8.53
series B shares
(Colo)
2.09
AA—._
:
6
71
5
National Liberty
7.75
Securities—
Nation-Wide
4.62
36 %
2.21
Series
19%
10
10%
5%
1
12%
Assur
Preferred Accident
144
Investment Trust——1
Corporate Trust Shares
Merch
24%
22%
;
2%
10c
Fund
Invest
(Md)
Consol
10
-5
10c
Maryland Fund Inc
2,370
4.25
34 \4
1
Commonwealth Invest
Alliance
American Equitable
American of Newark
10.25
9.47
com—-100 2.270
100
139
Securities
Christiana
Inc—
Common
Mutual
Chemical
American
Camden Fire
Manhattan Bond Fund
Bullock
Casualty
Bonding—
Fire
New Brunswick
4%
5
_.
B-4
Scries
Bankers Nat Investing—
£6%
Massachusetts
25.15
12.10
Shares
Axe-Houghton Fund Inc
Assoc
Maryland
76%
Merchant
Foreign Investing_10c
American Business Shares—
American
32%
73%
25
Ask
9 %
.—5
55%
18.61
Life
Bid
Par
Knickerbocker
140
53%
30%
Series
3.09
21 %
20
Companies
Ask
135
___
Series
1 %
Affiliated Fund Inc__
10
Surety
Aetna
Custodian Funds-
Keystone
7.91
135.5
%
24.71
1
15,
b0.15
1943
bO.55
0.52'%
0.67%
1,
Aug
Indebtedness—
1, 1943.
tO.65s May
t%s
-
of
Certificates
1
_
k
Income
Foundation
Common
Fund
.Institutional
Securities
Aviation Group
C
1.35
17.90
2.05
18.25
2.33
12.62
13.83
89c
1.19
shares—_____
Group shares.
Wellington Fund
.
81c
1.09
of
Co
tSept.
America—.10
21.02
99.26
99.28
t%S Nov 1,
1943..—
100.18
100.20
t%s Dec 1,
1943
b0.76
0.73';
100.10
100.12
t%S Feb 1,
1944-
b0.80
0,77%.
1945—
14
1
15.22
16.75
Quotations For Recent Bond Issues
Corporations
10.91
11.15
1
%
1%
Cent 111 Pub Serv 3%s,
Boston
—10
Corp
13%
15 %
(R H)
Penn
Electric
Philip
*—i O O
2%s 1952___
Macy
Morris
96%
96
Empire Gas & Fuel 3%s, 19621.
AFirst
105%
105
1971
-SO
100%
103 %
109
3s 1963—
104 VB
104%
,
Public Service of Indiana
3%s
1972_
v'Puget Sound
_
_
3 % s,
Wilson
Commodity Credit Corp—
% %
—May
tl'/a%
Feb
Federal Natl Mtge Assn—
1,1943
15,1945
2s ————May 16,
100
100
1 S'o e
100.2
Tq
Home
Loan
Banks—
%S———Oct.
Federal
Land
1,
1943
b0.75
0.60%
1946-1944—
& Co
3s
1958
4s
1964-1944
3s
1955-1945
1955-1945—:
104,'„
:
104 A
104%
104%
Housing
1%%
other
104%
105%
3s
Jan.
1,
1956-1946
105%
106
U
100.4
100.6
3s
May
1,
1956-1946
106%
'107'/b
Panama
-Feb
Canal 3s—
1943.
b0.37
0.28";
21,
1943—
b0.37
0.30%
June
9,
28,
1943
b0.37
0.32',;.
June
16,
5,
b0.37
1943
1, 1944
100.20
b0.37
12, 1943
May
—-1946
———1947
1961
0.32%
0.32%
June
1943—
1943...
1943.
23,
—
May
107
100
19, 1943
b0.37
0.32%
Ask
June 30,
July 7,
1943—,
1943
b0.37
0.32%
b0.37
0.33',
b0.37
0.34%'
b0.37
0.34%
b0.37
0.35%
b0.375
0.33'-
b0.375
0.35%
100.23
Issues
S Conversion 3s
14,
'May 26, 1943—June 2,1943—-
May
Authority—
notes
106 Va
——
3'As, 1971
Rid
April
15,1944
Conversion 3s
104%
106%
purchase
April
100.24
100.5
S
fcr discount at
Ask
Treasury bills-
105*t
U
are
April
100.21
100.4
Apr
104
100.7
Finance Corp—
Bank Bonds—
4s
100.3
—July 15, 1943
tl%%
S
1943
—
3, 1943 at IOOV2—
Reconstruction
U
3%s
1 QA4
D
Call July
Federal
Ask
quoted
Bid
Bid
Ask
104%
105%
1956
United States Treasury Bills
Rates
Bid
_
P & L 4%s 1972—
Gas Pipe Line
Wisconsin Pwr & Lgt
Obligations Of Governmental Agencies
103%
103
Southern Natural
1972
3%s.
Ask
Bid
Ask
Bid
—1
Co
&
22.84
1
C
Wo
1944.
15,
Mar 15,
Investment Banking
ABlair
Investors Fund
7.44
Ltd—
Insurance Group shares
Investment
Shares A__
19.49
1.47
5
♦
17.83
6.80
S El Lt & Pwr
U
10c
—...
B——
Series
29c
Inc
Incorporated Investors
Independence Trust Shares
Bank
17c
Holding Corp——1
Wo
1 % %
Series
£ Huron
b0.70
♦No
106%
108%
106%
108%
128%
130
s
Cash
oonds
par
value,
a
Odd
lot
sales,
b Yield
sale—not included in range for year.
are
subject to
all Federal taxes.
price,
delivery, r Canadian
Ex-rights, tin default. -
d Deferred
x-Ex-dividend.
y
AQuotations not furnished by sponsor or issuer.
market,
tThesa
THE COMMERCIAL &
J.356
Monday, April 12, 1943
FINANCIAL CHRONICLE
Week
BANK CLEARINGS
THE COURSE OF
Prelim¬
compared with a year.ago.
this week show an increase
Bank clearings
chief cities of
all
inary figures compiled by us, based upon telegraphic advices from the
indicate that for the week ended Saturday, April 10, clearings from
cities of the United States from which it is possible to obtain weekly clearings will
the country,
preliminary total
week in 1942. At this
Our comparative sum-;:
\
I
;:V'V \ 7
corresponding week last year. Our
above those for the
be 40.3%
for the week follows:
raary
,
West
Chicago-—.
Richmond—
South
$2,425,130,318
334,377,045
+
5.1
442,000,000
..+
Kansas
City
145,408,589
i
Pittsburgh—
f!
1
;• 109,030,270
———,—————.
—
138,000,000.
150,273,371
38,332,923
1,431,222
83,257,434
28,547,244
195,148,223
7, 154,428,334
,+ 30.3
v
,
Augusta-
■
—
.
4,077,117
24,659,021
+
53,6
5,362,156
22,934,854
20,505,246
96,400,000
+
21.0
81,500,000
64,800,000
+ 20.6
5,178,829
6,248,290
2,479,877
—12.7
1,508,053
1,444,825
v"
1,512,788
+ 21.6
1,430,701
963,245
43,754,915
25,857,000
+ 69.2
25,711,000
33,562,684
20,666,000
21,768,987
2,113,545
182,092
169,636
+ 12.0
>7 121,824.473
+ 29.2
$5,936,713,744
$4,124,047,938
1,036,780,525
+ 33.8
2,263,127
+
7.3
v7 186,000
193,022
50,085,419
+ 57.0
52,429,296
39,605,887
> 335,668,629
(10 cities)————.
Total
26,243,311
+ 42.9
78,640,074
+16.8
83,613,520
29.5
+
3,439,114
\
243,344,368
+37.9
"/$ 219,505,270
176,201,102
963,820
—22.2
;
4
cities, five days
Ten
:
1,387,592,130
Other cities, five days.—
Seventh Federal Reserve District—Chicago-
+ 44.0
$5,160,828,463
1,103,503,932
$7,324,305,874
Total all cities, five days.
All
1,464,861,175
cities, one day--
'
+41.9
+32.7
Rapids
Lansing—
•
Total all cities for week—.
*4
•*»
«*» 4*
$6,264,332,395
$8,789,167,049
MW
+40.3
Bend
South
;
'
.
3,609.170
10,858,860
has to be estimated.
Accordingly, in the above the last day of the week in all cases
further below
previous—the week
?nded March 20. For that week there was an increase of 40.2%, the aggregate of
clearings for the whole country having amounted to $9,414,145,549, against $6,716,
459,877 in the same week in 1942. Outside of this city there was an increase of'30.0%,
the bank clearings at this centre having recorded a gain of 50.2%.
We group the
cities according to the Federal Reserve Districts in which they are located, and from
this it appears that in the New York District (including this city) the totals show
an expansion of 49.6%, in the Boston Reserve District of 20.5%,
and in the Phila¬
delphia Reserve District 30.7%. In the Cleveland Reserve District the totals record
an
improvement of 25.5%, in the Richmond Reserve District of 30.3% and in the
In the elaborate detailed
we
Chicago
In the
37.9%.
Atlanta Reserve District of
and in the Minneapolis
enjoys a gain of 46.5%,
of 31.8%, and the San Francisco Reserve District of 29.6%.
furnish
the following we
In
a summary
OF
SUMMARY
Boston
682,733,245
561,183,303
257,464,266
335,668,629
593,925,501
3,529,151,988
522,332,010
447,327,528
197,584,593
243,344,368
480,544,094
+49.5
+30.7
+25.5
+30.3
+37.9
+ 23.6
274,522,138
201,567,334
+
118.6
5,720,567
5,523,475
44.8
25,554,117
22,958,134
20.3
1,514,742
1,355,873
14,630,018
+
2.4
12,788,911
12,466,882
7,487,928
505,617
5,366,952
+
39.5
4,969,375
4,332,963
381,682
+ 32.5
556,043
506,724
458,916,652
379,196,398
+ 21.0
378,233,276
323,605,796
1,377,794
5,290,578
24
Philadelphia
tth
Cleveland
fth
Richmond
6th
Atlanta
7th
Chicago
6th
St.
-
-
LouisI
$
•
$
S
Francisco
12th San
Total—
-
+ 24.0
1,848,217
1,025,661
+ 12.6
5,021,303
4,332,785
1,758,157
+ 23.3
1,935,116
1,416,925
1,454,450
+ 34.7
1,632,515
1,455,016
593,925,501
(17 cities)
480,544,094
+23.6,
476,946,567
410,954,060
-y
.
y-y \ ■,.'y-y-yryy-:
■.
■
-
y4.y
Eighth Federal Reserve District—St. Louis—
Missouri—St.
159,900,000
122,700,000
30.3
103,600,000
93,700,000
69,019,118
44,603,020
1,000,000
48,018,919
+ 43.7
46,023,152
34,877,594
30,159.415
+
47.9
27,596,020
20,539,587
689,000
+
45.1
720,000
768,000
274,522,138
Louis
201,567,334
+36.2
183,939,172
149,885,181
Kentucky—Louisville
Tennessee—Memphis——
Illinois—QuincyTOoal
(4 cities)
Ninth Federal Reserve
District—Minneapolis—
add
593,937,902
Dakota—Fargo
303,412.120
—-
219,505,270
149,885,181
118,481,743
6,716,459,877
3,323,120,031
+40.2
+30.0
7,283,126,260
3,156,730,931
463,899,623
500,138,447
7.2
442,296,713
-
—
136,407,501
155,006,751
79,757,241
231,979,527
Ended
1942
$
$
998,636
668,837
April
Inc. or
3
Total
873,372
763,156
+ 10.9
2,401,444
2,147,178
+
19.9
295,454,465
230,169,246
783,233
+
3.4
805,686
689,129
412,156
350,224
+ 17.7
470,752
412,539
1,020,615
1,022,596
0.2
820,578
4,554,680
4,160,884
+
9.5
7- 4,081,030
3,732,911
2,859,320
2,705,594
+
5.7
2,688,021
2,377,790
17,189,834
13.564,509
+ 26.7
15,806,796
Haven——
7>
717,945
6,870,610
5,382,683
+ 27.6
6,227,440
13,561,000
+ 41.9
14,799,800
10,467,700
756,543
——
Island—Providence—
Hampshire—Manchester
14,288,479
6,162,859
19,239,700
— —--
Rhode
(12 cities)—
605,481
+ 24.9
718,660
360,302,580
+20.5
345,037,828
:
District— New
.
10,728,187
Binghamton—L—-----*
1,488,662
1,491,027
Buffalo—--————----——
■7 56,400,000
44,900,000
10,105,898
75.0
32,940,128
+
4.0
2,595,133
2,203,976
+•6.2
4.131.427
127,947,298
40.2
107,230,453
3,966,142
+ 37.4
3,516,185
3,258,108
92,197.176
3,135,704
610,630
—29.2
530,586
674,727
617,844,
—30.3
591,434
634,762
+46.5
155,006,751
136,407,501
0.2
1,423,916
+ 25.6
37,200,000
35,000,000
1,063,693
965,309
+
10.?
599,875
+ 11.8
1,057,740
975,243
3,393,339,846
+ 50.2
4,126,395,329
3,621,565,740
11,367,693
10,847,837
4.8
11,185,379
10,740,948
6,125,258
5,438,758
+ 12.6
5,188,538
4,689,045
.'.i.,'- 5,820,054
4,792,897
——
v
;—;—-
Connecticut—Stamford
7
.—
6,532,570
6,751,869
+
3.4
+
344,524
(12 cities)——
,
—14.1
611,631
433,010
21,576,264
+ 18.8
22,449,191
21,379,111
36,449,843
32,028,465
+ 13.8
27,903,612
30,950,939
5,276,039,329
3,529,151,988
+49.5
4,249,941,163
3,740,540,405
/J
Northern New Jersey-———.
400,992
25,630,818
Jersey—Montclair—__—
393,307
—
;
—
—~;—.——
Reading—
————
Scranton
•
—
—
—
Wilkes-Barre
■
7
.
——
York
New
Total
(10 cities)
437 ,550
—10.1
606,894
542,885
476,373
503,011
539 ,486
—11.7
1,053,978
551,465
531 ,739
1,271,884
2,221, 796
Cincinnati
Columbus.
Mansfield
—.
-
1,999,736
+ 31.5
576,000,000
455,000,000
+
2.6
1,884,732
1,620,722
+
23.0
2,525,893
2,249,066
Total
'*
'
'
'.
89,934,264
+
65,292,363
87,795,699
Utah—Salt Lake
San
47,928,604
36,987,254
49.8
1.379,788
1,335,980
47.4
42,741,374
19,346,132
+
24.8
16,885,283
30,106,013
15,891,952
44.3
3,704,557
4.057,960
5.745,889
+
3,491,752
+
7.7
3,506,238
3,304,502
183,122,176
+
23.3
153,314,000
134,271,000
3,569,443
3,469,072
+
2.9
3,264,927
2,578.416
8,391,798
Jose
Santa Barbara
1,203,927
1,161,296
+
3.7
1,626,518
1,515,729
Stockton
3.583,436
2,253,203
+ 54.6
2,621,540
2,284,124
437,086,940
337,245,350
+29.6
277,326,292
231,979,527
9,414,145,549
6,716,459,877
+
40.2
7,283,126,260
6,227,086,365
4,318,496,410
3,323,120,031
+
30.0
3,156,730,931
2,605,520,625
(10 cities)
(111
cities).
Week Ended April
Canada—
MontreaLw^*—126,263,782
116,710,616
105,792,171
Winnipeg——
50,788,767
;
—
Vancouver——
26,528,681
Ottawa
65,062,417
Quebec—;
Hamilton—
;
Calgary—
+ 23.2
70,559,653
29.7
135,525,305
98,058,679
+
3.6
14,220,900
10,477,800
—10.9
2,234,658
1,715,559
—
3,768,988
2.2
3,486,041
2,954,578
184,535,381
+ 26.1
158,966,164
129,117,499
(7 cities)
561,183,303
447,327,528
+25.5
388,098,108
303,412,120
+
Regina
28,045,096
—10.6
12.9
5,086,955
3,706,591
3,178,192
—17.5
7.827.599
6.732.796
5.290.797
+
+
3.0
6,395,746
+
0.9
1,886,756
2,445,888
+
+
727,359
564,646
1,708,947
1,643,494
666,365
1,133,493
1,110,429
856,016
315,007
.
——
LethbridgeSaskatoon—
—
Jaw.——+—707,541.
Brantford
Bherbrooke.
1,150,574
970,613
—:
—
—986,094
346,805
—
.
-
—
Kitchener
-
—
Prince Albert.!
—
———.
^
872,576
839,802
1,327,934
4,314,319
567,984
—T—
1,240,870
676,6.93
——-—.——
Moncton
826,327
673,912
—,—
Kingston
1
Chatham.
Sarnia
Sudbury:
———
(32 cities)—
♦Estimated.
5,257,944
6,109,692
—6,295,491
2,523,983
1,996,225
2,702,504
'J.
7,536,561
374,629
'.
Brandon
Total
73,391,708
4,772,982
——
Windsor—
2,383,955
58,704.050
3,105,387
20,655,026
8.5
——„'——455,317
—
Edmonton
Moose
21,053,665
2,501,790
1.931.162
3.073.163
6,979,353
4,210,767
St, John
28,841,979
39,909,774
6.3
f
5,759,586
4,158,654
8,988,552
7,414,645
—w_——
—
—
•
+ 14.4
+
44,396,033
24,963,619
59,943,514
4,695,376
—
•
7.8
154,704,562
5,147,107
Halifax—
Peterborough
+
$
$
—18.4
Medicine Hat-
469,963,273
1940
1941
125,490.030
5,034,200
593,937,902
%
135,927,300
5,566,200
+30.7
Dec.
$
153,592,954 »—13.5
2.1
—
Inc. or
1942
1943
1
132,770,284
Toronto
William—-
2,553,099
+ 34.5
+
■
3,761,915
Westminster
13,048,400
72,055,309
225,784,715
Fort
12,579,500
79,757,241
+
•
San Francisco
New
81,019,236
31.8
>>
1,255,900
Pasadena
1,018,463
159,122,702
1,210,578
3,547,716
3,750,940
24,328,136
City
California—Long Beach
1,490,338
99,809,011
1,158,668
52,107,567
1,881,975
1,984,759
3,279,722
2,584,000
2,475,000
>
76,785.896
Yakima—
1,315,661
3,853,195
3,811,128
7.5
'
Oregon—Portland
32.3
232,707,217
—
6.3
7.5
+
Twelfth Federal Reserve District—San Francisco—
32.6
Pennsylvania—Pittsburgh
Total
+
+
i.v
Washington—Seattle
+
1
Youngstown
2,518,000
118,510,257w
v.'
+
522,332,010
6,827,632
1,116,071
4,096,349
'
1,524, 837
3,660 900
2,550,253
55,131,906
7,314,726
+
1.199,570
(6 cities)
'
'
1,092, 673
:
2,274,013
-
2,511,713
1,372, 995
206,424,296
—
-
Cleveland
—42.8
2,950, 034
3,536,066
-
450,398
3,627,943
1,445,095
2,021,289
Fourth Federal Reserve District—Cleveland—
Ohio—Canton
488,072
508,000, 000
682,733,245
-
5.4
—
668,000,000
1,409,138
3,585,200
Jersey—Trenton.;
9,278,667
.
London
District—Philadelphia-
Bethlehem
2,356,627
62,904,504
—
70,356,974
'2,676,000
;
Falls—
Victoria—
Pennsylvania—Altoona—
0.4
36.8
+ 23.4
2,853,424
2,842,490
96,248,176
11,447,672
:
476,546
902,733
5,095,649,139
York—————
187,782,384
274,930,216
1,153,401
-+-
1,008,830
,
_
Jamestown—-—-——
+
8,385,525
+ 214.7
'
Philadelphia
30,536,118
+
2,083,400
4,741,466
179,314,904
5,448,573
432,190
-
Outside New York—
33,759,000
Lancaster
3,483,119
44,288,440
Fort Worth
272,693,426
York—
York—Albany——.
Chester
3,198,576
654,278
434,301,301
—
Third Federal Reserve
157,105
30.5
5,036,644
(10 cities)
Total
Total
147,400
+
430,513
Grand Total
New
+ 25.4
Eleventh Federal Reserve District—Dallas—
t
3,734,759
—
126,706
125,429
+
Louisiana—Shreveport
Dec. %
—33.1
18.6
161,532
1940
1941
313,432,981
———
.—
108,566,127
2,166,580
Galveston
4,141,498
————
Syracuse
118,481,743
163,450
Pueblo
809,615
Rochester-
+40.6
3,202,182
-
St. Joseph
•
Bedford--———————,
New
119,343,384
4,178,636
Colorado—Colorado Springs
.V7/;'>777,-
V
four years.
River—
Elinira
3,144,067
77,525,590
^
Missouri—Kansas City_.
detailed statement showing the figures for each city for the
Worcester———_——
,
3,265,956
*205,000
———
Wichita
72,055,309
277,326,292
375,777,893
Second Federal Reserve
+ 10.7
191,586
Omaha
360,403,098
Massachusetts—Boston—
New
916,037
3,313,222
City—
1
Kansas—Topeka—
2,605,520,625
«
Total
2,341,886
719,904
965,133
+
6,227,086,365
Maine—Bangor
Portland——.————
New
982,082
2.2
167,780,424
———
Lincoln
108,566,127
9,414,145,549
4,318,496,410
Clearings at—
First Federal Reserve District—Boston-
New
2,636,150
14.1
+
998,809
3,668,279
Tenth Federal Reserve District—Kansas
410,954,060
183,939,172
89,934,264
337,245,350
Week
Connecticut—Hartford
24.5
+
888,738
—
Hastings——
176,201,102
476,946,567
118,510,257
437,086,940
1943
Springfield—-
+
2,513,111
Nebraska—Fremont——
Wichita
New
29,111,404
1,021,044
:
(7 cities)-
Total
154,428,334
195,148,223
+40.6
+46.5
+31.8
+29.6
our
Lowell
2,830,458
69,502,371
29,870,176
3,127,873
1,014,081
;
469,963,273
388,098,108
119,343,384
187,782,384
week ended April 3 for
Fall
2,833,679
77,878,569
27.9
32.755,701
Paul
Dallas
now
15.4
+
2,902,353
75,971,450
41,891,976
Minneapolis—
St.
+ 49.7
3,348,014
113,709,157
Minnesota—Duluth
Texas—Austin
We
+
272,693,426
167,780,424
274,930,216
Outside New York City
Canada
1,111,420
4,698,138
—
Springfield
3,740,540,405
-
11th Dallas
Peoria
■>>+;
345,037,828
4,249,941,163
32 Cities
Minneapolis 10th Kansas City—
9th
:
2,168,668
1,959,388
Decatur
Vf Rockford
y
'
1940
1941
+36.2
111 Cities
York-
New
Cd
1942
434,301,301
5,276,039,329
22,155,000
2,148,362
1,960,721
Chicago
Helena
360,302,580
12 cltiei
12
"
10
"
7
"
6
"
10
"
17
" "
4
"
7
"
—10
"
0
"
10
"
;
2,644,879
14,974,181
Montana—Billings
Inc. or
Dec. %
+20.5
Federal Reserve Districts
ist
2,027,544
25,277,000
40.1
+
+
South Dakota—Aberdeen
CLEARINGS
BANK
-2,696,097
+ 32.5
+
Illinois—Bloomington
North
by Federal Reserve Districts:
1943
$
Weed Ended April 3—
+ 35.5
2,576,364
Reserve District the totals are
larger by 23.6%, in the St. Louis Reserve District by 36.2%
Reserve District of 40.6%. The Kansas City Reserve District
the Dallas Reserve District
2,118,124
..
1,629,871
Moines
Total
1,745,801.
5,851,754
Sioux City
statement, however, which we present
final and complete results for the week
able to give the
are
Des
3,317,866
2,278,570
29,436,450
Wisconsin—Milwaukee
Iowa—Cedar Rapids
the Saturday figures are not available at time of going to press.
ends Saturday and
3,732,413
26.5
42,636,398
Terre Haute-
Complete and exact details for the week covered by the foregoing will appear
in our issue of next week.
We cannot furnish them today, in as much as the week
27.0
+
>
2,870,413
30,666,000
—■:
Indianapolis——
579,253
+
23,145,000
——
Indiana—Fort Wayne—-
543,426
3,839,018
■> 2,386,478
—749,523
4,874,259
•
- " 3,019,351
Michigan—Ann Arbor
Grand
1 i
,
104,923,055
2.8
—
37,866,126
.
—
Louisiana—New Orleans
142,231,869
...
36,183,433
3,236,000
116,600,000
2,164,663
—.
Mississippi—Vicksburg
108,031,281
Cleveland-
,197,584,593
37,317,646
*1,650,000
+
Sixth Federal Reserve District—Atlanta—
+ 24.7
168,356,256
Baltimore
(6 cities)—
4,913,000
44,425,211
+ 49.7
97,925,337
2.2
16.0
—
1,898,745
Alabama—Birmingham—
----:7?y 43,460,419
7 + Mobile
—————--4^. "' 4,912,980
21.5
172,033.000
.
.
638,788
Macon_————i——1,839,070
+ 33.4
98.800,000
+
146,560,176
35,182,722
Florida—Jacksonville.--—v
+ 30.6
120,000,000
————■
fit. Louis-:
Ban Francisco—--
Total
+
220,998,941
.
904,034
+ 21.7
6,020,000
.
——
District of Columbia—Washington—
6.8
288,667,517
1940
;
"
+ 22.0
54,612,532
257,464,266
Carolina—Charleston
Maryland—Baltimore-
—
351,511,191
v
—i.-.
5,886,000
66,472,047
2,202,725
.?
——.
——
Georgia—Atlanta
$3,968,474,041
—i,.
Philadelphia————
1941
Inc. or
Dec. %
$
944,546
1,160,596
._
Tennessee—Knoxville—k
Nashville
7+
%
+ 63.6
/7 472,000,000
York————
New-
1942
1943
10—
Virginia—Huntington
Virginia—Norfolk——
,
Telegraph
Clearings—Returns by
Week Ended April
\'v
'+;">
-
V.
$
Fifth Federal Reserve District—Richmond-
$8,789,167,049 against $6,264,332,395 for the same
center there is a gain for the week ended Friday of 63.6%.'
at
stands
Ended April 3
1942
1943
,+
,
3.4
1,956,811
2,075,796
—12.1
2,641,951
2,886,794
8.0
4,772,626
4,635,915
+ 13.4
4,154,159
3,759,914
21.5
364,780
+ 28.8
557,038
511,143
+
4.0
1,473,755
1,353,147
+
6.2
574,855
502,962
+
1.5
1.145.600
1,039,938
—12.6
1,207,752
832,222
+ 15.2
888,205
732,883
+ 10.1
265,581
246,166
3.0
717,522
—18.3
863,562
783,078
2.0
1,700,133
1,324,812
5.7
3,038,65.9
+ 14.8
3,048,798
389,756
4.9
891,461
773,066
+
899,750
—
•
1,028,386
1,355,437
—
4,082,664
+
494,579
1,182,368
729,421
723,268
+
—
+
348,822
776,025
311.284
636,885
7.2
650,398
14.2
710,464
683,959
539,229
+ 25.0
439,715
431,015
1,007,151
1,125,865
—10.5
985,081
1,008,694
463,899,623
500,138,447
7.2
442,296,713
360,403,098
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4167
157
READING
1357
COMPANY
Foriy-Fifth Annual Report—For the Year Ended December 31,1942
Increase or
tation
the
transpor-
anthracite
dise,
road
Times
maintaining the
and
Second
\
i
Federal, State and other taxes
other
to
$15,040,988
45
.
66.51%
2,073,002
4.81%
3.57%
2.99
2.16
.83
Owed
'
for
supplies,
balances
other
to
railroad
$4.26
,
rents
'.'A
companies, and inter¬
est
$6.66
/
materials,
and
wages
$10.92
316,336.
$11,897,183
1.24%
and
—
1,750,666
4.19%
and
accrued
but
and
First
Second
Preferred
yet
not
due
share
each
of
$2.00
$10,565,839
Taxes accrued but
per
$8.92
—
$4.66
Reserve
$4.26
for
$10,230,222
14,737,116
9,186,978
87,039,094
%
requirements
83,887,227
1,391,263
1,683,775
292,512
$113,733,312 $104,988,202
$8,745,110
$365,190,940
$3,152,073
not due——
Italics denote. decreases.
com¬
Deferred
$335,617
5,550,133
.
depreciation of road
61%
$5,722,924
$9,318,064
ort
Decrease
$478,924,252 $467,027,069
earned
share
of
First
Preferred Stock—
dividend
$38,692,845 $26,644,588 $12,048,257
charges
per
1941
'
after
:
'
,
62.32%
—u
Earnings per share of Common Stock
\ 't:' I'V';'.'-; >■".
Revenues
Payments
21%
11,069,365
52,921,507
63,990,872
Increase
1942
deposits, deferred assets
and unadjusted debits———
investment in prop¬
on
for transportation service
fixed
Earnings
the
property
Net
29 %
rail¬
operating
_.i~.
—
recurn
erty used
:'
$102,683,717 $79,566,095 $23,117,622
etc.—
passengers,
of
expenses
or
Decrease
Special
•
Rate of
and
bituminous coal, merchanCost
1,435.37
•,
0.7%
10.33
•
1941
Percentage of each dollar of operating
revenue
consumed
by
operating
]
•
.
1942
.
1,425.04
'
•
of
••
.
road
of
operated
Receipts' from
Increase
Decrease
1941
1942
miles
Average
liabilities
and
3,151,86?
unad'
panies in
from
excess of
such
companies
Financial
for
of equipment and
hire
justed credits
receipts
facilities/—.—X
,;of joint
1,173,985 /'/
1,930,117
Railway
Operating
"
In¬
come
from
investment
in
items—
other
2,061,453
Miscellaneous income deductions
•
;
_
.
Investments
Income
tions
Fixed
before
fixed
for
debt,
for leased
in
at.
$22,986,993
$5,641,529
$17,345,464
33%
on
rate
available
purposes
73,724,175
72,743,697
$442,558,397
$439,730,294
$2,828,103
4 %
for
64%
$5,960,796
$11,435,011
$15,648,741
since
1926.
any
lines,
which
revenues, exceeded
operating
Revenues
the
for
those of
any
After
year
the
were
in
the
company's
history.
the
year
since
1931;
since
1928.
XX.'
transportation,
of
of
coal,
since
exceeded
1920;
those
and
of
of
passengers,
of
comparison
a
revenues in
1942 and
69,989,100
of $256,471,846
$264,038,927
Principal
this
net
capitaliza-
assets
there
Amount
Increase
Item
1942
Freight:
*
Anthracite
Bituminous
—
—
—
—
1924
due
19,644,254
5,740,118
41.3
10,222,168
celled)
24.6
Total Freight
—$90,740,303
—
$18,276,968
25.2
$7,291,197
$3,665,109
101.1
470,688
52.751
12.6
—
Mail
Express
—
—
other
All
;
—
712.938
317,695
3,468,591
805,099
—————
————
'
i—
_
80.4
X
30.2
Bonds
1942.
$108,000
60,000.00
XX
;
<
v
Amount of
.
I'
-
f
-
h
Second
Apr
1, 1947 The
2,700.00
—
River
Purchase
in
1941,
'■■//"V
Terminal
were
4%
•
5%
R.
P.
R.
'
•
Purchase
Extension
4%
9,187,000
gether
with
Prior
$46,000
acquired
in
—
Lien
1941,
Apr
Mortgage 414%
Bonds
due October 1, 1943,
payment on April 1, 1942
October
called
for
1,
2,633,000.00
111,902.50
'
————
2,000.00
.7-------
Company's
expanded
industrial
$10fe,683,717 $23,117,622
—
improved
activity
earnings
and
attributable
are
movement
of
personnel,
although
March
military
1942, and increased passenger fares
18,
February
for
10,
Revenue
of
any
ton-mile
1937.
on
carried
which
became
that business
of
miles
revenue
was
(the highest
average
revenue
per
only 1.031c, the lowest of any year since
390,201.275
per
the
but
exceeded
any
mile of 1.869c
passenger
since
year
was
1926,
dollar
operating
Railroad 4%
March
Stock Trust
Reading
Company
Equipment
'•
Company's tax
Trust
Certifi-
—
times
the
year,
paid
---
operating
revenues
cents
62.32
since
1916,
although
more
was
bill in
1942
set
an
all-time
or
required to
was
This
spent
was
in
the
con¬
high record,
direct
Reading
acquired
Company
Obligations
!
to $15,838,641, which was equivalent to:
$43,394
per
employee;
Mar
535.001.08
:
$7,233,001.08 $297,574.27
5.66 upon each share of Capital Stock;
Of
these
cluding
$9,140,000
Company
States
taxes,
has
$11,936,520
Federal
purchased
were
Income
and
due
Tax,
holds
in
the
3%%
Federal
Government,
treasury
of
which
$9,000,000
in¬
the
Railroad
Bond
Ground
in
Company
as
377,000.00
11,310.00
500.00
17.50
OTHER
during
year
Outstanding December 31, 1942
For
and
Indiana
206,000
'
.
R.
&
R.
to
the
1,200,000
1,200,000
100,000
40.000
the
rate
/
—
60,00bV
Frank-
Co.
First
"•
'
500,000
t
98,000i
402,000
!/
.
250,000
250,000
$10,832,100 $30,554,900 !
foregoing $3,150,000 First Mortgage Serial Bonds and Reading Terminal Railroad Company Wilt-
Philadelphia
at
1
■"■>:'
...
Ave.,
'
of
$350,000
per
annum
to
March
1,
and
1951,
,
a.
sinking fund of $300,000 pe.r annum will become
operative March 1,
1952, to provide for the retirement of the
$4,500,000 First Mortgage
Bonds of that Company.
Sinking Fund 3%%
Company
and
lines'
Obligations,
leased
3,596,000.00
1,007,001.08
2,630,000.00
ing
Company
4,600.00
paid
seven
years 1936-1942
and
its
leased
as
or
Reduction
purchased
the
$7,965,101.08 $310,927.77
following-
Government, all of which
held:
are
o
'
1
,
*
X/ Amount
.
2%
Treasury Bonds of 1949-51
*1
It
1i
.
*
$9,520,000
acquired, through investment funds
also
.
Tax Series C
/•
X
on deposit with trustees
mortgage obligations, $90,575 maturity value War Savings
Series F, due in 1952.
These Bonds will remain under pledge
of some of its
publicly held indebtedness,of Read¬
operated
lines,
and
fixed
charges
Bonds,
with
We
follows:
the
trustees.
are
once
appreciation
Charges on
Publicly-held
Bonds
$146,636,741.22
$6,355,726.64
128,223,760.17
5,339,465.43
$18,412,981.05
—„„
1942
Company
treasury:
its
9,000,000 Treasury Notes
Fixed
31,
GOVERNMENT OBLIGATIONS
Reading
Principal
276.00
by Public
January 1, 1936
IN
1942
of the United States
notes
or
Bonds Held
December
$3,849,318.28
year
or
or
$4,856,319.36
——$105,426,968.11
the
bonds
$520,000
Reading
Obligations
—$111,652,968.11
Safety, Economy and Comfort
by Train—Use The Reading
Travel
74,000
280,000
INVESTMENTS
DEBT
Funded debt
Retired
addition
The
During
Equipment
Acquired for investment
of
in
thereon, have been reduced
1941
16,502,000
Mortgage 4J/2% Bonds.
Sept 1,1952 Norristown & Main Line
mature
issuing out of leased line prop¬
erty acquired by Reading Company)
Total,
follows:
Outstanding December 31,
38,000
6,498,000
Warehouse,
4% Bonds
United
Changes occurred during the year in the long-term and other debt
the
1,087,000
23,000,000
$41,387,000
$1,750.00
Rent
During the
of
St.
In
Company
First
Series
by Reading Com¬
treasury)
acquired by Reading Company
AND
Co.
3J/a%
First
$350,000.00
117,900-
1,125,000
Aug 1, 1952 Philadelphia
(purchased
and placed
pany
operated
TERM
R.
Connecting R. R.
Co.
Mortgage 4% Bonds
Philadelphia and Reading Terminal Rail¬
Company First Mortgage % % Serial
Bonds due March 1, 1942 (paid by Terminal
Company, with funds advanced by Reading
Company, and cancelled)
Perkiomen.
19,002 employees.
in anticipation
its
730,000^'
20,000
681.600
or
Treasury Notes Tax Series C.
LONG
>:
road
Philadelphia, Newtown and New York
Company Mortgage Bonds
(pur¬
chased by Reading
Company, extended at
3% and placed in treasury)
15.4c out of each dollar collected from patrons; or
37.6c for each payroll dollar disbursed to
750,000
799,500
ing Shops, 4% Bonds—
Reading Co.- Purchase
Money Mortgage,
19th
1,1952
The
.
$
11,466.77
Railroad
or
R.
Series
Richmond
'•
The
for each day of the year; or
$
467,000-
1, 1952 Reading
Co.
Purchase
...h
Money Mortgage, Read¬
21,240.00
paid
Company.!
by
133,000
1,1951 Reading Co.-Jersey Cen¬
and
—
2,020,000
.
4% Bonds
472,000.00
—
during
Apr
Feb
Locomotive and Gondola Car Obliga¬
tions, issued under various dates and due at
cancelled
195,000
R.
Bonds
•
Diesel
various
12,500'
Mortgage
—
1, 1951 Perkiomen
400.00
M,
cancelled
/,
87,500
Sept 1, 1951 Reading Co.
Purchase
Money Mortgage,
Port
10,000.00
—
834
'X.'X- XX/
4V2%, dated May 1, 1930,
due May 1 and November 1, 1942, paid and
Total
of
ratio
taxes amounting
104,800.00
(placed in
-
Series
:■!"•,■
'
600,000
Lehigh
tral Collateral 4% Bonds
Certificates, dated
due when called
1900,
1,
58,500!
222,000
v
100,000
First Series 3%% Bonds
120.00
and Northern
treasury)
: ';
Co.
Bonds
&
Bonds
ford
ducting operations than in any year since 1930.
The
2,620,000.00
Reading Company Wilmington
■!
2,215,000
R.
First
Second
(placed in treasury)
the highest of
since 1932.
each
1951
280,500
&
Sept 1, 1950 Reading Belt R. R. First
Mortgage 4% Bonds—'
1, 1951 Perkiomen
R.
R.
Co.
Reading
Company-Jersey
Central Collateral
4% Bonds dated April 1, 1901, due April 1,
cates,
the cost of operating and maintaining the property.
lowest
effective
which went into effect
8,804,952,172
were
the Company's history),
Passenger
From
pay
miles of freight
in
while average
any year
rates
and
receipts amounting to $3,358,051.
ton
year
freight
supplies
to
(referred to in the 1941 Annual Report;, accounted
1942
additional
increased
29.1
principally
•
9,169,000
Jan
Miscellaneous real estate mortgages paid and,
Jan
The
Co.
4%
1868,
cancelled
Grand Total
R.
•
R.
4%
May 1, 1948 Schuylkill
24,400.00
18.000
Mortgage Consoli¬
dated
were
488,000.00
Bonds—
Philadelphia
First
Extended
dated
Preferred
1, 1948 Catawissa
-
—
'
t
Chester Valley R. R. Co.
3% not Preferred Bonds
19,600.00
*
Mortgage 5% Bonds dated July 1,
due July 1, 1942.
(These Bonds, to-
$826,000
'-n. •■'■•/':'" !
Mortgage
Philadelphia
&
Chester Valley R. R. Co.
..XXiXX-;
Money
cancelled)
1.1948 The
:
$174,000
1, 1948 The
Apr
,
can¬
'•
Co.
$1,000,000
&
Balance
:V ;; V'
"'
Bonds
Apr
392,000.00
•
X'X:"V.:.
Held by
Reading Co.
Issue
,
Mortgage
P.
Improvement
'
Money
:
—-
v
'
•
$10,719,154?'
MATURITIES
July 1, 1945 Shamokin, ' Sunbury
&
XX'XX:
Lewisburg
R.
R.
Co. '
$945.00
dated May 20, 1892,
(These Bonds, together
acquired
—
Delaware
1892,
Passenger
5%
May 20,
with
13.5
Terminal
'
'
X'.
Bonds
$21,000.00
:
following indebtedness (other than equipment obligations)
of
Reading Company and its leased or operated lines will mature during'
the ten-year period ending December
31, 1952:
.
.
'i:
$97,999,940
denote decreases.
X
„
dated July 1, 1930..
River
Mortgage
%
$2,314,682
51,677,553
_
—
Delaware
-
.
$19,418,496
Coal
7. Merchandise
Amount!;
'
-
Coal
1941
over
•
$7,567,081
The
Interest
/'' Charges
:
re-
surplus of $108,719,094
■
.
$7,567,081
27,991,150
41,970,600
'
,
,
Series B,
'
-
'
Series A, dated January 2,
27.991,150
41,970,600
APPROACHING
year
Company
General
and
Refunding
Mortgage 4V2V0 Bonds, due January 1, 1997,
cancelled:
-—
Stock——
corporate
operated
or
Reading
t/_
a
Annual
1
,
'
1
from
Italics
'
any
XXXXX':'' Xv;:.
"
following statistics show
2941;
coal
anthracite
bituminous
XX-X
.•
Stock
69,989,100
deducting
tion
1,482,175
,
Revenues
'
from
5,933,930
Company, or of its leased
from the transportation of general
year
highest
.
.
total capitalization
a
mained
acquired for investment during. the
or
$362,038,867
.
Common Stock
2,484,299
6,441,737
''
merchandise
The
paid
were
'
...
Preferred
Making
•'
'
,
—
the following:
were
of
$4,213,730
3,957,438
others
and
_
Among the obligations of the
freight traffic handled in 1942 surpassed that of
Total
year.'
following:
First
$11,828,103
—
companies
_
consisted
Debt, including bonds,
equipment obligations, etc.... $116,520,996 $124,088,077
9,000.000
<•.
$439,730,294
other
supplies necessary
keeping road and equipin good repair
V: 7,416,105
for
GENERAL REMARKS
previous
capitalization
Funded
rails, ties, bridge material
and
$9,330,204
$15,291,000
1 f
$451,558,397
T
Railroad
Fuelj
,
9,000,000
Investments
Cash
319,267
8,015,260
7,695,993
;
of
The
980,478
ment
The volume
$1,847,625
the
Treasury Notes Tax Series C—_
dividends and other corpo-
$366,986,597
—
Total
paid
railroads, etc.—
Income
deducting these items from
Second Preferred
charges-,
rentals
liabilities,
capital net assets of—
$368,834,222
z—
——
these
the total assets there remained
6%
48,203
of
credits and reserves was..—
After
stocks, bonds and
owed
Net
or
total
Decrease
'
''
,
deduc¬
charges—interest
funded
"
———
Total
Gross
1941
•
railroad
——
carried
notes
747,997
of
property
,
.
796,200
—_
6%
120,531
1,940,922
land,
terminal
facilities,
shops, locomotives, freight and
passenger cars and other fixed
/.securities, property rentals
and
1942
-
in
tracks,
34 %
$5,569,201
$21,721,740 $16,152,539
Income
The
Increase
64%
756,132
Investments
Net
Position, Dec. 31
use
/;
for
.
more
their
privileged
at No
Extra Cost
Use The (<Crusaderff
Between Philadelphia and New York
express
to
our
stockholders £
•
our
support, and to our employees., for
throughout the past year.
We' aro
patrons for their helpfulness and consideration
during this momentous period.
The present difficulties should' not
prove insurmountable and, with patience and forbearance on the part,
their
whole-hearted
likewise grateful to
cooperation
our
$1,016,261.21
For Luxurious Comfort
to
continued
of
all,
the
transportation problems of the war emergency
adequately met.
\
By order of the Board of Directors,
EDWARD W.
Every State by Reading Freight
Ship and Travel via The Reading
a
bo
SCHEER, President.
To
More Than
will
Century of Service
1*
THE COMMERCIAL
1358
Monday, April 12, 1943
& FINANCIAL CHRONICLE
SOUTHERN RAILWAY COMPANY
Ended December 31, 1942
Forty-Ninth Annual Report for the Year
the Stockholders of
SOUTHERN
in total
report
of the affairs of the Company for the year ended De¬
cember 31, 1942, which is the annual report it is con¬
templated formally to present to the stockholders of the
Company at the annual meeting due to be held on May
the following
These
far greater
was
traffic
duced
Maintenance
possible after all.
found in this Report the customary state¬
ments of the financial results of the year and facts and
the Company's oper¬
organization met and
Maintenance of
increased
the
obtained. Approximately
went into the military ser¬
their place naturally lacked
challenge to the resourcefulness
All this was a
It is believed that history
staff.
it
gave
This
:
of the
the railroads, and
but one policy for the
is
shippers and the traveling public.
It seems appropriate to present this brief preface as
of interest to the security holders as they review and
appraise the results of this first full wartime year.
Entering the second year of the war, the Company is
devoting its every effort to help win the war and to
of the
The story
The
$204,605,581,
46.22% over 1941. This
history.
the
over
operation of the railroad in
increase of $64,679,147 or
was $49,137,605 or 31.61% more
an
conditions:
:V
Average distance moved
Ton
miles
Average
Total
of
Total
*•
___
_
(miles)———
——
—
per
revenue
passenger
per
mile
!
revenue
passenger
10,558,709,260
•
1.1450
$156,635,034
mile_____
revenue.-
miles
Passenger
13.677,367,475
(miles)
ton
passengers—!———
journey
Average
Average
per
...
1941
■' 50,613.150
208.62
1942
61,330,812
—-
——
revenue
freight
Number
223.01
(tons)-——
moved
10,188,896
175.45
1,787,627,108
2.0290
$36,265,337
1.1040
$116,520,375
5,311,826
148.30
787,760,102
1.8070
$14,232,778
Operating Expenses, which include the full year's increased wages referred to in last year's Report, increased
28.46% over 1941, and Railway Tax Ac¬
cruals increased $25,936,328 or 166.77%, bringing the
Company's tax bill to the high amount of $41,488,395.
Taxes thus consumed more than twenty per cent of
$25,199,424
operating revenue.
The expenditures out of the dollar of revenue for the
several general heads of Operating Expenses were as
follows:
Y'."'
of
the
traffic
_
-!
Maintaining roadbed and structures——
Maintaining rolling stock
Traffic
expenses
General
expenses
Operating dining
^
cars
—
and other incidental services-
Totals
——
'
1942 !■!'".
26.790
9.610
15.090
1.130
2.090
.880
1941
31.090
10.000
17.460
1.530
2.500
.700
55.590
63.280
yA-y
Operations
hand by the large volume of
traffic in relation to
transportation facilities and on the other by the cost of
operation per unit of traffic handled.
This was due to improvements in operating technique,
to the many capital expenditures for more efficient ma¬
chines made through the years, to the greater capacity
and efficiency of the present rolling stock and power, and
to the heavier loading and faster use made of such equip¬
ment, despite the relatively fewer cars and engines
available for the load.
the Company's units of production
1,787,627,108 passenger miles and
13,677,367,475 ton miles, increases of 126.93% and 29.54%,
respectively, over the corresponding aggregates of 1941.
At the same time total transportation-cost increased
only 26.01% over the previous year in spite of higher
wage and material costs.
In fact the Company was able in 1942 to handle a
By
in
these
1942
volume
means
reached
of
business
that
exceeded
and
a
of
half
cars
the
total
volume
in
inevitably must come, and on the other of the just and
suing these principles the Company in 1942:
\>
piece
of
rolling
stock
of
capable
illustration,
years
dining cars of an earlier day, which for
had been retired to. roadway work service,
being converted to coaches to fit them for war¬
passenget service. Every usable engine
which the Company possessed, and some which its affil¬
iated lines had fortunately been able to rent from other
railroads,
were
miles and thus
making a maximum number of engine
aiding in the Company's war effort.
,
lia¬
tax
Appropriated approximately $16,000,000 of treas¬
cash in permanently reducing its burden of
debt and fixed charges as hereinafter discussed;
(b)
ury
Authorized capital expenditures of $10,184,715 for
(c)
additions and betterments to road and equipment,
A
increase
an
similar
of
$1,613,789
over
the already large
expenditures in 1941; and
(d) Declared
of
out
dividends
earnings
1942
as
shown below.
:
Dividends
Dividends
being made serviceable for transportation purposes was
in use throughout the year.
At the year's end, for
accrued
$27,000,000-against
(a) Laid aside
bilities;
tury of service.
every
of financial conservatism.
course
long deferred claims of ownership for an equitable dis¬
tribution of a fair proportion of such earnings.
Pur¬
the percentage of bad order engines to
7.41%, and of bad order freight
only 1.74%, the lowest in the Company's half cen¬
Practically
firm
a
Management must be mindful on the one hand of obliga¬
tions to be met in the future and of the rainy days which
year,
of
5%
Preferred
the
on
D'-
:
Stock
de¬
were
clared out of 1942 earnings,
paid and payable as follows:
2, 1942, $1,25 per share, and three payments
of $1.25 per share each on March 15, June 15 and Sep¬
tember 15, 1943, the four dividends together requiring
an aggregate payment from the treasury of $3,000,000.: Out
of the balance of 1942 earnings a dividend of
$2.00 per share was declared on February 23, 1943," on
the 1,298,200 shares of the Common Stock of the Com¬
pany without par value, payable April 1, 1943.
The dividends thus payable on the Preferred Stock
November
Common Stock will consume
and
$5,596,400 of the $33,-
388,868 remaining after charges.
New
Rail
These
-
the first dividends
were
since 1931.'
During the year 1942 there were laid 38,787
traffic.
at
there has been scientific inspection
However,
regular intervals for concealed defects, followed by
individual rails thus dis¬
the immediate removal of any
potentially weak;, and with these removed
rail is kept in generally good condition,
although additional replacements will be required in
1943.
In view of this and the outlook for continued
covered to be
the remaining
heavy traffic
of
new
orders have been
rail for
placed for 54,000 tons
By the
use
and
Income
Debt
and
of Fixed
'-FY
' :'vv
Charges
of approximately one-half of the 1942 Net
use
of treasury cash in the first two
the
The aggregate prin¬
ening the burden of fixed charges.
cipal amount of bonds of the Company and its affiliated
corporations thus acquired
or
retired, including the can¬
cellation of certain bonds heretofore acquired by a mort¬
trustee
gage
amounted to
There
referred to
as
in
year's Report, has
last
$22,954,700.
have
also
Southern Railway
Equipment
of
months of 1943, further substantial progress was made
in the established policy of reducing debt and of light¬
1943.
New
Reduction
The
as
either class of stock
on
--.''v■
tons of
compared with 20,925 tons laid in 1941. /
The Company's rail, particularly on its busiest lines,
has "taken a lot of punishment" from the heavy wartime
rail,
new
been
cancelled
and
retired
7,967
Company-Mobile & Ohio Stock Trust
Certificates.
During the year
1942 the Company succeeded in ob¬
The
taining delivery of the 25 all steel baggage-express cars
these
and
on
3,050 of the 4,000 steel freight train cars included
in the Company's Equipment Trust, Series JJ, referred
to in last year's Report.
The 5 Diesel-electric switch
engines also included in said Equipment Trust were de¬
livered late in 1941.
Delivery of the remaining 950
an
net
reduction
in
fixed
charges
attributable
annual basis.
Giving effect to a full year's return on the
so
to
operations in the year 1942 amounted to $1,046,561
securities
acquired or retired, the Company's net fixed charges
currently on an annual basis of $14,548,395, as com¬
are
of
pared with $17,735,207 on the same basis for .1930, at
beginning of the depression cycle of the 30's,< This
is a reduction of $3,186,812 in the annual burden of the
scarcity of materials.
Pending delivery of
the Trustee, at the request of the Company,
invested the funds borrowed to pay for them in United
Company as compared with the pre-depression peak.
On December 31, 1942, the Company's table Of funded
debt shows another substantial net reduction as com¬
States Government obligations,
pared with the previous year, as follows:
steel
freight train
ders
of
the
War
cars was
prevented by limitation
Production
Board,
issued
or¬
because
wartime
these
cars
the income from which
currently to offset the interest payable by
the Company on
Operations in comparison with previous years were
conducted with increased efficiency as measured on the
one
mile
a
period of war-inflated earnings it is impera¬
follow
to
total ownership was only
is sufficient
-V
;
\
than
'
or
Transportation
more
in
In such a
tive
of
Company's
Freight revenue increased $40,114,659 or 34.43%
previous year, and passenger revenue increased
rent traffic
of
time emergency
$22,032,559 or 154.80%.
The following comparative statistics illustrate the cur¬
Freight
Property,
Road
fifty-six separate locations, per¬
decreasing the cost of maintenance of the
1926, the previous high year in the
than in
amounted to $19,662,842,
were
the
from
revenue
was
:
the
out
many
Year's Business
The
1942
which
in detail follows:
year
■
a
somewhat larger non-operating income than
1941, and with smaller fixed charges, there was after
charges a Net Income of $33,308,868 for the year 1942.
These earnings
constitutedan increase of $14,018,974
over Net Income for
1941, and of $9,792,146 over 1926,
the previous high year since the Company's organization.
Fixed charges were covered 3.13 times and, after de¬
ducting dividends on the preferred stock, earnings
amounted to $23.41 per share of common stock.
Equipment expenses, likewise on a
higher labor and material basis than in the previous
year (with accruals for Depreciation and Amortization
of Defense Projects aggregating $7,216,267), amounted
to $30,869,516, an increase of 26.34% over 1941.
At the
year's end, after 1,213 units of motive power had re¬
ceived classified repairs, as compared with 975 units in
1941, and after consistent efforts to maintain freight
cars in serviceable condition had been followed through¬
^
prepare to assist in solving the many problems
will come with Victory and the postwar era.
expenses
1941, and, in addition to the
material costs, included accruals
of
trestles,
Maintenance
that war requirements come first.
Southern Railway Company is guided by this policy,
confident that it has the support of the stockholders, the
which
industry,
;
Net Income
over
and
elimination
manently
will in time record that
cannot be fought without
true that there can be
so
;
property.
good performance.
a
war
that is
'
..
-
Amortization of Defense
and
wooden
facilities which could be
experience.
labor
Depreciation
accrued,
one-tenth of the employees
in
>.!'!'•
With
not heretofore
Projects aggre¬
gating $2,351,925. The policy of developing a more per¬
manent way was continued; as indicated, for instance, in
for
Much of the service was neces¬
sarily demanded on short notice, and taken as a whole
the volume was irregular and unpredictable.
The rail¬
road was limited as to the amount of new equipment
taken
Way
increase of 40.59%
an
of troops,
those
was
1942 pro¬
vital materials.
unprecedented demands upon the Com¬
handling it effectively.
and
cents out of each dollar of increased gross revenue
carried down into net railway operating income.
as
though phenomenally busy in 1942, was
kept in good physical condition throughout the year. It
was
safely maintained despite shortages of labor and
munitions and war production
materials had the right of way.
The record volume of
this traffic was not the sole measure of the difficulty of
vice
26.790,
The property,
pany's facilities.
and
many
in
There will be
Movements
of
Similarly,
1941.
for
ratio
showed the largest
the history of the
Company, there being left after expenses, and taxes
$46,265,818, as compared with $32,789,981 in 1941, an
increase of 41.10%, or as compared with $35,528,783 in
1926, the previous high figure, an increase of 30.22%.
The increase of $13,475,837 over 1941 shows that twenty
compared with 63.280 for 1941.
year,
was
coped with these
how
Report—the year's results
railway operating ' income in
net
all time low record of 55.590 as the operating
an
for the
ratio
and equipment. It was learned
again and again that what was thought to be impossible
capacities of the plant
figures on the various phases of
ations.
These will tell how the
respectively
tell
transportation
a
31.090
compared with
of the carrying
than the peacetime view
which
with
records
all
organization to the test
of freight and passenger
The volume
1942.
in
ratio",
"operating
Annual
boiled down into
ratio" and
the
"transportation
the
called
Despite higher wages and uncontrollable increases in
expenses
and
taxes—all
foreshadowed
in
the
1941
more
pennies per dollar it costs to haul the traffic and' to
pay all the costs of operation.
Thus again, after the
extraordinarily low ratios of 1941, the year 1942, be¬
cause of
the tremendous volume of business, lowered
Preface
put the Company's
war
tons one mile
increase of only 5.70%
51.58%
that year, and with an
transportation cost.
records
are
conveniently
statistics
18, 1943.
The
in
than
RAILWAY COMPANY:
Directors submits
Board of
The
mile and
one
passengers
To
Financial Results of the Year
previous record year of 1926, carrying 102.96% more-
the
1943.
Richmond, Va., March 25,
units
of
such funds.
new
equipment,
;
"
together with one
4.000-horsepower Diesel-electric road engine, also de¬
livered in 1942, have, during the time they have been in
service, been worth many times their cost to the Com¬
pany in this period of extraordinary activity.
The Company now has on order three 5,400-horsepower Diesel-electric road freight engines, including the
two mentioned in last year's Report.
Delivery of all
three of these engines is expected in 1943.
A portion of
their cost is planned to be financed on low interest rates.
There are also on order, in lieu in part of the 2,500
new 50-ton all steel open top cars, likewise mentioned
in the previous Report (construction of which has been
prevented by limitation orders of the War Production
Board), 1,450 new 50-ton composite type open top hopper
cars.
Delivery of these cars is scheduled during the
first half of 1943.
Seventy-five per cent of the cost of
These
issuance of
1%% certificates which have
been sold, with the approval of Interstate Commerce
Commission, on an interest-cost basis of 2,03%.
the
equipment will be financed through the
10-year equipment trust
the
!
j
.
Funded Debt
Dec.
Funded
Debt
Leasehold
•
Estates-.,—;—
_.
31, 1942
Dec: 31, 1941
$223,475,000
.'
$241,499,500
52,932,600
53,115,600
35,205,000
39.647,000
$311,612,600
Equipment Trust Obligations———r—,
$334,262,100
Maturities
The Company was- not obligated in the year
;
1942, nor
during the year 1-943 to meet any maturing
funded debt, except equipment obligations.
• •
;
Bonds of The Atlanta and Charlotte Air Line Railway
is it obligated
Company, the property of which is perpetually leased
the Company, mature July ly 1944, in the principal
to
$20,000,000. Smaller obligations of certain of
Company's subsidiaries mature in the years 1945,
1946, 1948 and 1949 in the aggregate principal amount
of $5,265,000.
The first direct maturity of the Company's own obli¬
amount of
the
gations will take place in the year 1951, when $12,474,000
principal amount of the Company's St. Louis Division
4% Bonds, outstanding in the hands of
First Mortgage
the
public, mature.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4167
157
Requests For Increased Wages
Under date of September 25, 1942,
;
:
•
received
a request, similar to that filed with other
carriers, from
certain non-operating brotherhoods asking that the Com- a
pany subscribe to the so-called Maintenance Member-"
ship Agreement and for a wage increase of 20 cents per
hour, with a minimum of 70 cents per hour.
Under date of January 25, 1943; there was also re¬
ceived
there
increase of $3.00 per day.
made on other carriers. 1
Petition
to
Reduce
Rates
and
Fares
:
'
On January
4, 1943, the Interstate Commerce Commispetition of the Office Of Price Administra-/
tion, reopened the proceeding known as Ex Parte No. 14.8,
entitled Increased Railway Rates, Fares, and Charges,
1942, in which, early in 1942, it had authorized the in- ;
sion,
,
upon
in
creases
fares
and
rates
Report for the year
state
referred
to
in
Commerce Commission
and
.
representing the several state regulatory
bodies in the reopened proceedings were concluded on
February 11, 1943, and the matter is awaiting deter¬
To
record
in
of
future
the
and
the
1941.
V
extent this
some
ditions.
But to
.
advertisements:
will
be
the
serve
under
and
"And
war'
be
Peace, too!
modern
Victory is
enlisted
the year
a
fields
will
oil and
ore
haul
feed
to
and
and
paper
nourish
boys and girls can
freedom."..
;
T
grow
in
up
and
who
women
work
'
■
.
',
-
all
SOUTHERN
•'
.
Company
cost
of
for
E.
'
Southern
Railway
NORRIS,
the
'
•
received
for
Results
from
freight,
amount
disbursed
was
and
year,
this
on
issue
20 and Dec.
Sept.
on
holders of
to
14
20,
March
on
1941.—-V.
and
14
A
dividend
of
$3
share
per
has
holders of
to
Nov.
on
10
and $3
on
declared
been
record
Dec.
April
23,
a
balance of
Nov.
25,
war
last
M.
on
15.
In
pointed
bonds,
of
2Va%
from
the
the
156,
Inc.,
The
New
both
Car &
directors
stock
ferred
by
York,
.The
which
$90,858,844
$51,379,121
41,488,395
15,552.068
$49,370,449
r
companies
of
the
N.
Y.—V.
157,
due
coupon
26
to
declared
of
of
J.
.The
dividend
Feb.
in
the
on
July,
26 of
Dec.
31,
of
4,443,044
3,076,056
$697,467,894
$655,048,991
$42,418,903
due
$21,271,839
$18,997,233
$2,274,606
due______
36,147,877
10.326,203
25,821,674
1,594,422
the
1,186.042
408.380
41,748.849
7,265,230
share
per
of
record
1%%
of
the
on
April
the
on
stock
common
1941,
but
held
The
this year.—V.
was
up
157,
p.
by
follows:
April
$12.—V.
157, p.
1
31
paid
of
record
and
a
June
125.
dividend
March
$35,827,053
Taxes accrued
Operating
companies,
dividends
and
but
but
not
not
30,
$1
equipment
of
and
defense
projects._____
liabilities,
items
due
to
of road
amortiza¬
49.014,129
includ'ng
others
not
yet
i;
--i-
•
adjusted
13.125,958
total
of
these
and
reserves
assets
available
of
assets
2,456,209
$121,154,225
was
deducting these'items
total
10,669,749
$82,928,076
$38,226,149
liabilities,
from
there
for
re¬
the
the
cap¬
Company
of
$576,313,669
capitalization
of
the
$572,120,915
$4,192,754
$262,146,416
$284,252,768
$22,106,392
Com¬
following:
including bonds,
obligations,
Debt,
'
trust
___
—________
Preferred
Stock
60,000,000
60,000,000
129,820,000
129,820,000
____________
After
total
a
capitalization
deducting
tion
from
vested
net
a
this
assets
surplus,
in
the
there
in7iCSof
in
1941
from
included
sale
in
all of the
$98,048,147
$10,949,080,
July
which had not bee«
'
x
$22,106,352
in¬
of.T__ $124,347,253
proceeds
deposit of
3,037,072
$451,966,416 $474,072,763
re¬
largely
property,
capital
of
capital'za-
$26,299,103
representing
special
1941
of Equipment obligations,
because of: non-delivery in
applied
equipment purchased In. that year.
also
INSURANCE
■
Manager Appointed—
taxes
per
evaluation
of
the
scrip.
The
taxpayer cases for
a
income
tax
deficiencies
cases.
The
taxpayers
appointed
and
Manager of
William
M..
the
Harvey
Power
&
$1,754,447
___
259,059
74,423
res.
851,851
913,394
100.000
1,391,000
for
was
of
$350
the
Circuit
a
of
Court
revised
$1,000
per
from
$1,000
contended
securities
that
to
$53,000
could
the
Tax
the
in
have
valuation
Tax
Court,
issued,
scrip
each
not
the
to
The
of
value
they
that
and
remanded
valuation.
face
set
five
found
fixed
by
a
the
excessive.
$222,307
$2,941,849
$4,004,130
121,417
511
140,097
trustees of Associated
ended
April
group
was
597
10,503
2,
net
electric
130,278,148
units
or
12.1%
157,
p.
Gas
&
output
units
Electric
the
of
(kwh.).
Corp. report for the week
Associated
This
is
&
Electric
of
14.052,-
Gas
increase
an
1236.
above
production of
116,225,551
units
a
year
ago.
1,290,000
$79,841
appro.
09,025
214,000
___—____
market
Court
The
1943—12 Mos.—1942
$1,019,515 $12,315,449 $13,571,138
492,427
5,903,970
5,881,731
135,756
1,226,779
1,481,883
1,127,124
_________
valuation
Weekly Output—
Light Co.—Earnings—
1943—Month—1942
ready
Tax
—V.
oper.
revenues___
income
(net)____
"
.American Water Works & Electric Co.,
Output
Interest
income
etc.,
$201,258
deducs.__
$222,818
$3,081,946
$4,014,633
143,690
_______
164,780
1,905,168
1,983,446
be
Net
income
$58,038
$1,176,778
$2,031,187
period
948,617
-
'
;
'
to pref.
electric
week
energy
ended
of
April
the
3,
electric
1943,
Inc.—Output—
properties
totaled
of
this
76.925,000
com¬
kwh.,
an
949,265
increase
of
6.66'%
stocks for
the
five
years
the
over
responding week of
Comparative
$57,568
________
Dividends applic.
of
the
for
pany
books
output
of
72.123,600
kwh.
the
for
cor¬
1942,
table
of
weekly
output
of
electric
energy
for
the
last
follows:
Week Ended:
1943
1942
1941
1940
1939
Balance
share
per
—V.
and
$228,161
157, p..
1046.-.;
,,
..
$1,081,922
Gas
&
Co.—Circuit
Court
Sets
Aside Valuation of Scrip—
share
on
last
30,
"
$4,
•
I,
the
1
year
-
and
Agreeing
in
that holders of
payment, of
must
pay
Appeals
interest
income
on
taxes
scrip,
on
the
on
their
issued
In
company's
holdings,
March 31 reversed the
Tax
13__
80,762,000
71,715,000
61,855,000
50,439,000
45,138,000
20__
79,491,000
71,789,000
61,356,000
51,267.000
44,045,000
27__
78,881,000
72,625,000
62,571,000
50,632,000
45,840,000
April 3——_
76,925,000
72,124,000
55,919,000
49,708,000
40,686,000
•
-
Electric
March
March
March
$1
Court "action
Sept.
MISCELLANEOUS
■
five
expenses
retire,
Gross
pre¬
will
transfer
Payments
each;
yet
reserves
Work-ng
1235.
of .$l
27.
to¬
railroad
accrued
for
Corp.—New
been
stock,
common
Checks
16.
the
to
Company
Manager, it is announced.
Mr. Currier previously
Manager of the company's sales development department
been a member of the staff
taxes
Other
Net
Steamship Co.—$1 Dividend—
company on March
stock to
holders
as
7.519.100
'
owed
P.
Common Dividend
dividend
a
$1
holders
common
were
692,533
Court
»Associated
American
8,796,645
fixing
revenues
Prop,
April:*
(income)
1142.
p.
Guaranty Trust Coi of New York.
was-declared
on
9,489,183
unadjusted
items
corporation's
has been ap¬
has
department,
open.
previous
finally paid
6
dividend
a
April
the
remain
7,671,767
88.547,313
Assistant
Operating
Foundry Co.—$1
April
on
and
payable
mailed
8,416,225
Common Stock
INDUSTRIAL
Period End. Feb. 28—
Other
•American
will
other
to
Viscose
Arkansas
p.
Federal
surrender
on
27,054,333
16,087,992
available
interest,
rents
etc.
$139,926,434
156, p. 2303.
company
since.—V.
20-year collateral trust convertible 5%
1930, due 1950.
Interest payable at office
of
& Co.,
Morgan
paid
was
27.054,333
and
______
other
and
.
Marcus Hook, Pa., and Mr.
Harvey has
of the war procurement
department.—V.
capital stock,
1941
the
series
Notes______
______—______—_______
Funded
In 1941
113,746,737
_____
-
Currier
Assistant
was
-Alleghany Corp.—Interest—
1943,
$3,817,868
pany consisted of the
H]
1942
3,104,631
procurement
Operating
Interest
to
The
$204,605,581
sources
American
2187.
1,
paid
Company
Karl
Dividend—
payments
no
'$32,683,847
Company.-'—
and
yet
Assets
net
hire of equipment and use of joint facilities
in excess of the amount received by it from
1570.
Packers Association—To Pay $3
payable April 30
paid $5
not
credits
and of
property
was—A—il™
the railroad
at
Alaska
assets
mained
the capital
10,
A like
on
April
156, p.
$28,865,979
in
Company owed for materials,
supplies, wages and balances
total
a
:
PUBLIC UTILITY
-
record
$7,742,072
Corporation and Investment News
12Vz cents per share has been declared
payable April
$5,
par
2,629,699
$600,709,230
to
taxes,
Company
Making
Advance Aluminum Castings Corp.—12 %-Cent Div,—
■
55,937,150
$6.08,451,302
necessary
for
arid
equipment
road
equipment
Leaving a balance from railroad operations of
Federal, state and local taxes required-..-
those
V.,:,
and
companies
including
1941
RAILROAD
stock,
but
pas-
production. v;
of
of
the
supplies
debits,
The
Year
In
miscellaneous operations
maintaining the
qperating
The
..
cap¬
cash
Reserves for deprec'ation
of
revenue
Leaving
$10,371,771
1.
.
<
good order____
Deferred
RAILWAY COMPANY
Financial
for war; and the significant industrial devel¬
dividend
owed
the
senger and
General
A
of
Government
mained
of the world's richest regions in vital
one
;
,
investments,
railroad
After
opment during the year in the territory served by South¬
ern
Railway System lines was naturally in the field of
war
S.
italization
Industrial Development
>
'
i
.,
.
com-
amounting
temporary
in
'
The South is
or
Decrease
$555,143,851 $544,772,080
investments
Company had working
keeping
■President.
,,
Increase
...
_____________
ital,
consisting
special deposits,
other
i.
,
ERNEST
publicity activities which are also part of
Company's continuing public relations program.
resources
The
31,1941
Company had on hand fuel,
ra'ls, ties, bridge material and
Their faithful and continuous devotion to the
effort is notable proof of their high
spirit of pa¬
.
The
•
December
53,307,451
tion
\V.;
Year
property
affiliated
other
Investments
Deferred
plemental
<
Total
Respectfully submitted, by order of the Board,
and 1'
peace
the
On
...,
at
and
The
of
;
The
Management again takes this opportunity to re¬
warm appreciation
for the accomplishments of
triotism.
Similar themes were, and are being, employed in sup¬
the
of
and
others
its
men
great new
a
COMPANY
End
Company hud
stocks, bonds
in
notes
Other
and
coal
the
•
;
investments
food
.
.
.
pulp,
all the riches of
.
.
.
nation
war-worn
at
The
these mighty 'engines of
won,
Southland
your
fixed
the
pending payment
1943, in view of increasing
and still higher Federal taxes, due to the ex¬
tinction of excess profits credits, the
property cannot
approach the net income realized in 1942.
South that will help make this victorious nation a place
where
Conclusion
by the Southern to help win the:
clothe
to
They
men.
cotton,
v
.
other
addition
Then they will haul textiles from the South's
mills
fertile
from
Look ahead
we say:
$19,369,894
shops, locomoand
passenger
...
when
will
free
That's why
16,299,717
$33,388,863
activity.
South that is expanding so tremendously
stimulus of war—commercially, industrially
South."
Position
of
panics
Company.
r
agriculturally.
Look
and
cars
In
and
new
the
faculties,
lives,
freight
carried
expense
The
learning—the hard way—how to do our job
That's why, when Victory has been won, there
a
better Southern Railway System to better
'V
16,057,354
Company had' Investments
land, railroad tracks, term-
In
inal
'
with equal gross revenues in
are
better.
The
earnings such as were experienced in 1942
transitory.
It is wise for this reason to treat the
present earnings' situation as one temporary in char¬
acter and considerably higher than may
normally be ex¬
pected.
The security holders are cautioned that, even
war
:"We
.
totaled______
December
taled
the following closing paragraphs from recent
equipment trust :
;
for leased railroads'.
31, 1942
are
the
$35,669,611
and
:.;S'
production, as well as the establishment of numer¬
plants during the year, greatly, increased in¬
cord
2,879,630
$49,446,222
of
On.
permissible under wartime con¬
larger extent this new program
nor
-
3,180,404b
'
world.
new
.;
in
net income of
Financial
.
The
Typical of the theme which is dominating this adver¬
are
the
$32,789,981
items
________
SOUTHERN RAILWAY
Railway
Wartime
represents an investment in postwar prosperity and suc¬
cess for both the railroad and the territory it serves."
tising
in
$46,265,818
_
investments
_
deductions
a
In 1941,
opera¬
_
miscellaneous
debt
miscellaneous
resulting in
U.
public relations advertising takes
much
a
Southern
projects under construction at the beginning
,
place of passenger service advertising which is no
longer appropriate
products
and
And
inaugurated a conservative program of public re- ;
lations advertising in September 1942, employing daily
and weekly newspapers published on its lines, a num¬
ber of sectional and state farm publications, and a small
list of national business magazines.
This step repre¬
sented a logical development of the public relations
To
and
income
funded
on
the'Country being
it
territory
pany
work started in
mills;
from
and
obligations,-,rents paid
Thus
the largest transporter of cotton
as
bonds
total
a
In 1942
railway
_______
before,
89 new industries were established
and important additions made to 60
existing plants at
points served by the Company.
provide leadership for the building of a
greater South when the war is won, the Com-
a
Southern
_
_•
Interest
operations.
ever
commenced turning out the implements of
war ip expanding quantity, while the continued award¬
ing of Government contracts to existing plants, result¬
ing in many cases in conversion of the entire plant to
During
Relations
the
consumption for
textile
and to
serves
new
faith
its
than
Year--*
from
derived
and
Mak'ng
the year
dustrial
i >
Public
capacity
1942
_____
income
stocks
the
for
income
an
was
,
rayon industry excelled all previous production
performances, with an increase of 10% over the former
high record.
ous
missioners
mination.
to
cotton
war
of Com¬
committee
a
total
in
of
Otner
of the
The
•
of
Hearings before the Inter¬
1941.
the
The war
Annual
the
of
continued
consumed
maintained its record
and
•
mills
was
attributable
being handled under the machin¬
provided by law and executive orders.- J
1
•
use
Results
leaves
tions
Very substantial
thereby brought about in the
of the territory.
textile
cotton
85.9%
These requests are
ery
were
Financial
This
resources
Cotton
More
A similar request
;,
still further expanded.
were
increases
natural
request from the five transportation brother¬
for an increase in rates of pay of 30%, with a
minimum
The large expansions, reported in annual reports for
prior years, in facilities for iron and steel, coke and
aluminum
production, power generation—both steam
and' hydro-electric—chemicals, including wood pulp and
paper, lumber and wood working plants, all went into
operation at capacity during the year, and some of the
facilities
a
hoods
was
was
1359
the
amount
of
6%
convertible
the
U.
Court
S.
of the
$10,437,761
obligations,
Circuit
United
Court
of
States
on
—V.
157,
p.
1236.
American
Zinc, Lead
Acquires Smelter—
See
Illinois
Zinc
&
Co., below.—V.
Smelting
157,
p.
1142.
Co.—Subsidiary
elected;
Subsidiary Companies)
Fully-Owned
(And
with
investments*^—
from
Interest
.
Total income
47,784
49,981,324
2,784,208
Director's
96,092
•
—t
,y
fees
and
patents
exp.
inc.
for
&
val._
ter.V
against fut. depr. in iiiv.
in enemy
493,750
'
1943—-3 Mos—1942
Combined
V, 157, p. 1266.
1153,508
15,820
31,387*388
31,4*16*649
20,563,634
2,447,033
$10,305,379 $10,253,878 $27,738,789 $27,027,087
—;
•
3,982,970
-Bonds
and
int.
New York, N. Y.
Pacific
Canadian
Passenger
-U——
—
Expenses—
Transportation
♦Land
and facilities
plants
—.
186,418
(Investments in subsidiary companies—,
,/; 6,912,009
"^Investments in shares of other allied cos.—
5,228,963
Indemnity and surety deposits—
•
919,775
Prepaid expenses and deferred charges to oper.
5,842,324
Refund, portion of, Can. exc., prof, tax (contra);,
224,422
tPatents
;————
—
and
Accounts
of
assets
♦♦Net
5,149,530
13.220,323
6,160,020
Crl23,591
7,765,866
4,360,493
122,756,880
45,957,536
13,382,059
35,639,438
28,523,820
6,764,851
invest.
accruals—
oper.
expense?-
16,833,158
24,920,980
_-^.—
v
Total
earnings—48,187,689
Other income
15,861,034
Net
20,989,048
13,152,878
Total
350,978,014 272,591,728
—
—
6,674,052
Crll3,013
>
for
10,692,163
64,048,723
payable
(Interest
46,331,601
24,228,698
25,380,715
35,288,671
24,700,692
738,953
749,465
805,830
805,830
40,354,267
5,042,782
._
59,339,595
22,955,503
income
Fixed charges
Total
.7,073,488
208,676,402 175,488,517 135,325,459
tax
Railway
2,262,217
2,668,823
3,732,990
7,975,945
opers.
28,800,736
7,066,231
com¬
reserves)
(less
panies
4,878,915
Transports
4,169,578
37,301,770
subsidiary
owned
fully
4,798,086
General
320,824
—J.--—;, 11/725,129
———__
23,889,384
((Marketable securities,'.—
Cash in banks and on hand
41,367,913
:
;
34,361,432
5,042,782
20,145,056
5,042,782
9,782,148
-
Liabilities—
shares
ttCommon
Aluminum
Co.
$100.1— 7,899,600
7,899,600
33,935,185
(par
33,935,185
33,827,503
26,562,500
-
funded debt———
Ltd.
Co.,
Power
stock
pref.
redeemable
cumul.
6%
Aluminum
Ltd, notes payable-
73,200,000
88,828,865
56,264,428
442,772
705,731
23,390,919
13,460,641
Advance
of Canada,
payments
on
Accts.
4,592,760
1,454,152
6,430,004
(contra)
——U——
224,422
.————
———
prof, taxes
& exc.
for inc.
Reserves
.
Refund,
portion of Can. exc. prof, tax
Capital
surplus
surplus
Earned
—————
Total
to interest by the company.
interest,
from
inc.
oper.
-
♦Net
7 7/'y.'
The
in
accumulations
with
compares
each
share paid Jan. 2, last. Payments
Jan. 2 and Oct. 1, 1942.—V. 156, p. 1322.
made on
were
Baldwin Locomotive Works—New
Income^ $15,861,034($13,382,059
$10,692,163
$6,764,851
of $1.25
:.v7,7;77
hotel,
1942
;
■■v-yM'77 ,.:"v777'
Sheet, Dec.
7
''V;,7 7 77
31
1941
y!77.
1940
v
$ y y
its
suggests that there has been "such a change in the
position determining a fair and equitable plan of reorganiza¬
remanding the proceedings to the Interstate Com¬
Commission with directions to consider whether the plan should
motion
The
tion"
warrant
to
merce
modified
be
permit payment of the RFC debt,
of the plan and consequent
to
effective
date
to require change in
modification in such
for in
bonds
stock¬
'-^y ;;i/y'f v-''/}
plan, and to allow strengthening in securities already-provided
the plan, further allotment of securities to holders of convertible
of 1949, and possible participation of
preferred and common
holders.—V.
157,
p.
1267.'
'■' /
.
■
;
846,653,118
855,795,669
97,722,158
52,885,105
79,249,142
81.784,633
201,482,592
194,112,303
195,967,038
etc.—
27,558,577
27,093,673
payments.--———-,
Mortgages collectible & loans
28,930,934
30,605,011
32,267,948
3,072,202
3,370,894
3,769,893
9,707,129
9,006,509
8,265.675
Adv.
Voting Trustee, Etc.
controlled prop.,
to
Deferred
Robert
&
advances
settlers
investmentsr—
36,081,515
27,595,427
21,545,701
21,874,089
22,990,193
26,296,858<
—
replacement fund-
Steamship,
land
and
Insurance
other
props.-
7,250,000
fund
prem.
paid
discount
7
adv.
in
203*866
222,590
25,937,757
■
26,312.067
18,620,840
24,689,655
150,762
:
2,307,418
1,949,555
1,615,344
1,137,445
28,017,845
bonds-
on
Farrington, Chief
D.
the Hon.
that
Chicago,
in
Court
Hearing on Appointment
—
Miscellaneous investments
Unsold
%
to
fund
Insurance
96,959,009'
998,405
E. G. Grace, President of Bethlehem Steel Corp., on April 2 announced
Other unadjusted debits
—
production of steel in the company's plants in March reached a
18,857,226
25,125,019
Materials and
supplies
9.267,657
high record of 1.113.500 tons, exceeding the previous record in
12,143,219
13,766,548
Agents' and conductors' bals.October, 1942, by 16,000 tons.
The March output was at 101.1% of
8,095,957
12,992,350
17,841,429
Miscel. accounts receivable-—
rated capacity.
: y.V y
y.
.. -7/y:
/y
38,029,312
48,043,813
45,381,814
"It should be pointed out," Mr. Grace said,
"that this record was
established in a period when about one-third of our output consisted
Total
y———---.y-.--— 1,523,495,101 1,470,540,907 1,438,384,477
of alloy and other special high quality grades of
steel for military
Liabilities—
77''''"7;,y7 ■7.y,:,'V-77
( 'r7: ''7>/''/ 7y
7,:"'7
uses,
which require more time in processing than ordinary steels."—
Ordinary stock
335,000,000
335,000,000
335,000,000
V. 157, p, 987.
4','c preference stock
137,256,921
137,256,921
137,256,921
4%
consol. debenture Stock-/
295,438,229
295,438,229
295,438,229
Birmingham Gas Co.—Seeks Permission to Pay Div.—
(Funded debt
143,018,242
177,581,522
207,789,475
The company has petitioned the SEC for authority to pay a dividend
Audited
vouchers'
10,433,552
/ 9,746,148
5,150,263
of 60 cents per share on the 227.548 shares of outstanding common
Payrolls
4.788.874
4,587,409
3,232,097
stock out of earned surplus. The dividend would approximate $136,528
Net traffic balances-—3,462,586
1,211,681
731,338
—V. 156, p. 1572.
'
•
4,127,214
4,520,423 J
4,577,65.0
y•/; . // Miscellaneous accounts payable
Accrued fixed charges, etc
1,959,332
2,335,406
2,476,046
Unmatured dividend declared2,521,391
2,521,391
2,521,390
Boston Consolidated Gas Co.—Output Up 12.5%—
Other current liabilities
18,131.343
15,472,520
5,282^400
Month—
yy
1943
1942
% Inc. -■ Maint. of
way & renewal res.
7,250,000
3,500,000
January
^
1,653,787,000 cu. ft. 1,551,222,000 cu. ft.
6.6
Rolling stock reserve—-—
84,255,149
72,422,242
61,7*92,226
February
1,441,749,000 cu. ft.
1,422,110.000 cu. ft.
1.4
Hotel depreciation reserve—
10,281,881
8,517,877
7,117,253
March
:
^
1,526,970,000 cu. ft.
1,357,694,000 cu. ft.
12.5
Reserves
for road
77,350,679 y
'—V. 157, p. 861.
'/■ !/';: V.
'
' - ■
Vy Steamship depreciation reserve
46,497,359
55,749,033
51.988 550
Contingent reserve
5,105,407
5,184,870
5,184831
Boston Edison Co.—Output Up 15%—
Deferred liabilities
6,061,684
5,910,410
5,832,364
that
one
C.R.I.
&
Co., principal debtor,
—
.
death of Frank O. Lowden, former
v >:'■//,y/'/;//
''/:y ^/yy . v?
vacancy
City Ice
William
J.
the business
of
board
the
of
He
for many
years
directors in
an
and who will continue as Chairman
advisory capacity.
1 ,
Senior Vice-President,
director of the company
Mr, Sinek has been
Committee/and
a
City Investing
&
has been elected President to succeed the late
The former has been a director since 1920 and
He is also Vice President of Starrett Bros.
Trustee and Chairman of the Real Estate Committee
Dowling.
E.
since 1936.
President
Eken,
Co.—New President, Etc.—
W.. Dowling
Robert
Vice
of
Chairman of the Executive
for many years, and more
President.—V; 156, p. 2216.
recently Acting
Robert
f
Chicago has been elected President and Chief
will have active management and direction of
of the comnany.
Mr. Sinek succeeds Robert C. Suhr, who
President
was
Co.—New President—
Fuel
&
Sinek
Officer.
Executive
————
—
trustees of the respective estates of
and of the subsidiary debtors, to
substitute
more
or
P.Ry.
created by the
trustee.—V. 157, p. 1267.
the
fill
.
.
:/y-v/
hearing
point
new
.
of Trustee—
will be held on April 19 at 10 o'clock A. M. by Judge
Michael L. Igoe of the U. S> District Court for the Northern District
of Illinois,
Eastern Division, Chicago, 111,, when the Court will ap¬
A
448,515
,77:
Pay Equip¬
Executive Officer of the Rock Island Lines,
Michael L. Igoe, Judge of the United States
had authorized the payment by that road
on April
1 of $4,080,000 to retire in advance the last three maturing
issues of its equipment trust series IQ.y Mr. Farrington stated that
these issues were payable in instalments of $1,380,000 each on Oct. 1.
1946, April 1, 1947, and Oct. 1, 1947, and that the prepayment of the
debt at this time reduces the total of the road's outstanding equipment
obligations as of this date to 814,597,000,-.
:
3:
District
98,840,778
:
Rock Island & Pacific Ry,—To
ment Trust Certificates Before Maturity—
Chicago
announced
-"vV.'!. s
901,532,307
miscellaneous
Unamort.
„
4;77-
steam¬
communication
Acquired securities (cost;
Corp.—Output Sets New Peak—
„
properties
and
Maintenance
Steel
by
and
financial
the
12,960
for depreciation of hotels.
ships,
157, p. 1265.
Bethlehem
.
Improvement on leased propOcean and coastal steamships
been elected a
succeed
to
Brinley.—V.
Mr.
has
Shields
C.
stock
; '77;;/.: 4':
3,075,910
Dr71,274
;y.y Vvv-7
627,739
roll'g stock inland
Ry.,
voting trustee for the $13 par
K. Cassatt, resigned.
;;/'y
Charles E. Brinley has been elected to the new office of Chairman
of the Board, but will continue as chief executive officer.
Ralph Kelly,
former Executive Vice-President, has been elected President to succeed
Robert
common
'
.
1,009,373
866,239
Comparative Balance
on
$2.50, per
^
provision of $3,105,034 in 1942; $3,822,368 in 1941; $4,564,786
1940; $3,782,277 in 1939 for depreciation.
(After provision of $1,-
400,624
1 paid a dividend of $1.25 per share on ac¬
the 5% preferred stock, par $100.
This
April
on
company
of
> ■
7;:
-y
77
—,
Assets—y7yy7y
count
7
;
y
1939
•
&7.y-77'(.('/•; 'y7':y •:
hotels
other
Total
;i
1940
position
road
certified copy of
♦After
Corp.—Pays $1.25 Accrued Dividend
Atlas Acceptance
vy.;
2,788,297
2,888,273
_7——
miscellaneous
.
7
ocean
earnings from com-
"'77- munications,
,
:,v/'.i7l'.
$4,622,559
$4,279,887 $4,202,065
■
7 .-v7,' ■;; V:y
7"7;7yy .,7yr,:7v y/v: ;y., y."'y7 7-■ ;'7:7'':'7y 77777
7,485,629
4,961,830
2,708,628
2,621,100
■
''steam-
coastal
lines
ship
Net
from
earns,
and
(includ¬
T
7
Calendar Years
the
of
a
y
separately
props, & misc.
exchange,
deduction from income) in 1942, and $42,139,682
in 1941,
(Less reserve for amortization of $120,110 in 1942 and $99.- :
560 in 1941.
tCapital stock more than 50% owned.
Less balance of
reserve resulting from adjustment of the value-of investments of $456,-*;.
293 in 1942 and $456,293 in 1941.
^Capital stock not more than 50%
owned.
UPrincipally Dominion of Canada Treasury bills and bonds.
♦♦In
enemy
territory and investments in other companies similarly
located,
((Outstanding 744,410 shares of no par value,
(f
•
United Kingdom tax certificates of $11,075,000.—V. 157, p. 597.
ing $59,050,298 special
for
7,__—$4,620,888
Dividends
Net
540*000
39,050,884
Income
9,782,148
Marie Ry.,
.
iy;;/-7T94271941;
1,005,577
and depletion of $94,397,165
for depreciation
reserves
44,894.588
of
Other
V
350,978.014 272,591,728
—
——
♦Less
540,000
.
'.'7'
-yfe ••
35,311,485
29,318.650 15,102,274
Minneapolis St. Paul & Sault St.
profit
bonds
on
guaranteed as
6,430,004
items
Accrued
—
loss account,,.,
and
(Interest
27,041,805
Operating reserves and deferred credits
Reserve against future depr. in inv. values—
to
transf,
Bal.
,,
—.
dividends
4,095,393
$131,317,244
revenue
Preference
55,600,000
sales contracts——^—
payable to subsid. cos. not consol
Accounts payable
—1—__
Net
.
including a certified copy of the balance
wholly-owned subsidiary as of Dec. 31,
combined income account for 1942, a state¬
ment of assets and liabilities of the debtor railroad as
of Jan. 31,
1943, and a statement of cash, temporary investments and special
deposits of the debtor as of March 18, 1943,. to be considered lh con¬
nection with the Chicago & North Western's petition
for writs of
certiorari.
»;>v." ■
v:'y\' '.''.yy/.:".- 'V.;
../yyy ■■
v-t
'
■■■;./,.■■ •
The latest motion, which includes income account for the whollyowned subsidiary of the North Western, the Chicago, St. Paul, Min¬
neapolis & Omaha Ry. Co., ■ which is not in reorganization, makes
available for the first time the complete financial statement of the
combined system for 1942.
The system's income available for fixed
charges before income taxes for 1942 amounted to $38,980,515, com¬
pared with $35,742,316 for the parent alone, an increase of $3,238,199,
the
motion
states.
Attorneys state It
is important that the Court
note
results for the system as
a whole, because
securities of the
debtor's subsidiary are pledged as collateral for a Reconstruction Fi¬
nance
Corp. loan and for new secured notes in the amount of
$25,000,000.yy'-y//■:/■' ;'y^yy
/.%/y, y//y/'y:"; „/'/.,; vy
The motion further states that as of March 18, 1943, the debtor's
estate had
current assets of $75,892,529,
as compared with current
assets of $64,435,509 on Dec. 31, last, an increase of $11,457,020.
Cash
on
March 18 totaled $48,046,944, an increase of $7,819,867 over the
amount on hand Dec. 31, 1942.
The statement of the debtor railroad
combined
with
its wholly
owned subsidiary as of March 18, 1943,
showed cash of $53,390,434, temporary cash investments of $21,226,181,
and special deposits of $6,725,279.
y
"It will be noted," the motion states, "that system cash available
on
March
18,
1943, was $81,341,894.
After paying the indebtedness
to the RFC, which as of Dec. 31, 1942, principal and interest at-4%,
amounted
to
$48,322,687, there would be left in cash the sum of
$33,019,207. There would still remain ample working capital to main¬
tain and operate the properties of the debtor now in control of the
debtor's
the
sheet
1942,
19,500,919
45,206,614
4,625,402
21,620,375
33,756,404
Miscellaneous
4,995,798
31,418,555
26,813,593
notes
58,074,037
29,456,047
way,
Traffic
6,912,009
54,536,327
47,890,320
aluminum, materials and supp._
receivable (less reserves)-
of
Inventories
of
72,226,835
37,917,239
of
Maint,
185,577
82,880,692
etc.—
equipment—
Maint,
180,402,620 126,332,098
similar motions filed with the
giving current financial data as of Dec. 22, 1942, and Feb. 23,
It seeks to make available to the Court further information as
1943.
54.729.855
—
$
$
Assets—
■
present motion supplements two
Court
170,964,897 151,280,700
earnings- 256,864,091 221,446,053
gross
Data on Reorganization—•
the company have filed a motion with the clerk of
Supreme Court to further supplement the record
reorganization /proceedings now pending
before the
/
y" '
y
for
road's
the
The
to
Operating
'y
•
States
United
tribunal.
8,615,796
8,623,407
10,771,670
13,177,312
miscellaneous
and
; y/'
y
Supreme Court Gets More
in
Sleeping, parlor & dining
car
'.iy*
Attorneys
the
*
-
Express
t
'
1939
1940
1941
-y.jjj;1,y-:/'.;
'..jgy
195,897,780 177,401,114 135,831,653 120,338,068
18,401,748
15,617,061
39,337,893
25,298,788
3,635,161
3,606,468
3,830,067
3,683,725
3,074,614
4,501,620
4,621,039
4,292,756
Freight
Mail
.
y:VV'V"
Years
Calendar
for
1942
Total
1942
Co.—Annual Report—
Ry.
Account
Income
.:///."/';1941
''
;
.
/
.
100 Broadway,
Sheet Dec. 31
Balance
1, 1943 a total of
1945 at par
Co., trustee,
1st mtge. 6% 30-year gold bonds due Dec. 1,
Payment will be made at The New York Trust
of new
proportion
holders.;
'
for redemption as of June
been called
.
(In Canadian Dollars)
'<
!'•/.*.
Called—c
have
$50,000 of
12,462,231
16,014,161
the
to
There
14,928,122
currently outstanding bonds according
securities allocated to outstanding bond¬
•' y'■ y
'■. '•
v.■
The authorization provided for general mortgage bonds payments
totaling 2.88%, on principal on the 3'/2s, 2.92% on the 4s, 2.97% on
the 4V2s, 2.99%
on the 4%s and 3.01%
on the 5s. The secured 6V2S
will
receive 3.62%;
the Sioux City & Pacific, 4%; Milwaukee and
State Line,
31/4%; Manitowoc, 3.30% ; Sparta, 2.18%; Des Plaines
Valley, 4% ; St. Louis. Peoria, 3.46%; first and refunding 4Vsts will
receive 1.64%; and! first and refunding 5s will receive 1.66%,
plan and are made to holders of
Habana, Cuba
Caibarien-Remedios Water Works Co.
1,370.853
"76*149
,
Chicago.
at
Barnes
$9,401,878 $24,782,574 $24,633,701
852,000
2,956,215
2,393,386
$9,250,635
1,054,744
sales
13,623
common
Consolidated
totaling $8,095,047 to security holders of the
authorized March 29 by Federal District Judge John P.
Charles M. Thomson, trustee, requested authority
V to make the payments. They represent interest for 1942.
v ..."
According to Mr. Thomson; the trust estate on March 1 held $67,023,000 in cash.
Reconstruction Finance Corp. will receive $1,617,356
in interest.and banks holding collateral notes $219,733.
Payments are
on
the new bonds which
would bs issued under the reorganization
payments
were
company
131,195
526,113
526,113 .526,113
7,444,100
7,444,100 5,955,280
share-—$19.35
$20.45
$21.40
"Including Canadian taxes of $9,789,560 in 1942, $15,740,420 in 1941,
and $8,692,310 in 1940.
tParent and fully owned subsidiary companies.
(Includes amortization of trademarks and expenses in connection with
acquisition of properties.
y.\/./, •. .y////
/'."v
Note—Provision for depreciation and depletion amounted to $46,899,241 in 1942, $17,275,636 in 1941 and $3,919,307 in 1940 of which
$4,266,131 in 1942, $3,944,807 in 1941 and $2,407,866 in 1940 was
charged to cost of production and $42,633,110 (including special pro¬
vision of $40,571,185 in respect of war facilities)
in 1942, $13,330,829
(including $11,741,613 war facilities) in 1941 and $1,511,442 in 1940
directly against profits.
;//:■ ?'/■ >y
on
per
'
sales
sales
Ry.—Trustee Authorized to
Pay interest—
•/:.'
Sales—
1943—Month—1942
Period End. Mar. 31—
Retail
stock—stock—-—--
paid on common
Chicago & North Western
G. Miller, Treasurer.
Appointment of other
Secretary; and J.
Director.
157, p. 688.
later.—V.
made
Brothers—March
Wholesale
preferred
paid
Divs.
Earnings
were
Interest
131,177
11,101
'
Profit for year—————
Divs.
officers
the -following
632,753
bonds retired—j*
exc. prof, taxes.
on
Res. for net cur. assets
be
Butler
130,925
r..
20,551
—
meeting
McGrath,
A,
N.
will
641,656
11,101
—
—
_—
of
Amortization
.
officers
38,261.816
54,464,654
2,113,432
677,713
—u—*—
salaries
(Executive
•Prov.
227,257
-
Legal fees'
Res.
392,675
37,366.490
847,542
——
Interest
Prem.
53,844.722
board
Eager was appointed Technical
M.
W.
48,919,953
734,727
326,644
deducting items below
before
Income
President;
s
$
$
Profit
man
1940
1941
1942
Calendar Years-
quarter the company had a net gain of 7,456 stations,-compared
8,824 in 1942, and 9,453 in like period of 1941.—V. 157, p. 129.
first
Chairman of the Board; G. A. Morison, Vice Chair¬
of the Board; N. R. Knox, President; W. L, Litle (Erie, Pa,,), Vice
Coleman,
W.
W.
annual
the
At
Annual Report—
Aluminium Ltd.—1942
Monday, April 12, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1360
Inc.,
a
Emigrant Industrial Savings Bank, a director of the New York
and of the Home Title Guaranty Coy
Harold H. Helm, Vice President of the Chemical Bank & Trust Co.
has been elected a director of City Investing Co*
Mr. Helm is also a
director of the City of New York Insurance Co. and the Corn Products
of
the
Dock
Co.
Co.,
Refining
a
member
of the
American Bankers Association
Alumni Association.—V. 157, p.
Economic Policy Commission of the
and Vice-President of the
Princeton
1176.
—
—-
—
with
pared
increase of
For the
kwh.,
—V.
week
for
an
157,
28,862.000
15.0%
week
the
for
kwh.
ended
April
4,
1942,
an
,
,
of
increase
10.0%
over
the
Unadjusted
Profit
on
credits
and
——:
cap.
Brach & Sons—30-Cent Dividend—
and
dividend
of
30
cents
share has been declared on
per
(After
loss
surplus——.
During
1942
July
plus 20
1,
the
following
20 cents;
Oct.
cents extra.—V.
1,
157, p.
20 cents;
Dec. 24,
final
registered
3,619,263
68,551,646
64,479,043
170,385,938
2.71L098
68,551,646
65,913,414
144,045,295
Central
438.
offered
dividend
shares
on
the
series L
amounted
22'-2
to
holders of record March 2.
See
also V.
Maine
-
p.
1266.
a
Co.
Power
Co.—Bonds
Offered—Lazard
Kidder, Peabody & Co. on April
and
block
of
$1,000,000
This is not a new issue.—V. 157, p.
862.
157, p. 438.
Chesapeake & Potomac Telephone Co.
Bucyrus-Erie Co.—New Director, Etc.—
At
the
trros
re-elected.
City of Paris Dry
annual
elected
meeting
a
y
of
member
the
of
.
stockholders
the
board.
held
All
on
other
April
5,
members
K.
E.
were
(Baltimore)—
Gain in Phones in March—
The
compauv
had
p
net
pared with 3,008 in March
gain of 2,760 stations during March,
Colgate-Palmolive-Peet Co.—Annual Reportin
This
1942, and. 3,690 in "March 1941.*; For the.
report to stockholders E. H. Little,
profits for 1942 of $5,383,595 or $2.47 per
with $6,604,891, or $3.09 per common
excess
profit taxes were $4,803,242 as
annual
the
nounced
net
compares
and
President, an¬
common share.
share in 1941.
compared with
Only the subsidiaries and branches in the West¬
ern Hemisphere were consolidated,
as in 1941, and earnings of these
companies were included in net profit only to the extent received in
U.
S.
dollars,
the remainder of such
foreign earnings for 1942,
$1,273,923,
being deferred. Total dollar sales increased
12.9% to
$113,968,117, the highest in the company's history.
Mr. Little pointed out that the principal oils, and fats used in the
manufacture of soap for civilian use are-now restricted to 84%
of
the average of the quantities ured in the years 1940 and 1941, and
that many other materials used in the company's products have been
$3,688,558
last year.
restricted
in
Dividend
com¬
Goods Co.—Accrued Dividend—
declared a dividend of $8.75 per share on account
of accumulations on the second preferred stock, payable April 15 to
holders of record April 10.—V. 146, p. 1393.
.;
The directors have
Income
1
1st & gen. mtge. bonds,
3 V2 % due Oct. 1, 1970 at 109 and accrued int. to
&
yield about 3.02%.
American
depositary receipts for ordinary
cents and was payable April 6 to
157,
1,470,540,907 1,438,384,477
cash deposited with trustees of 5%
deducting securities and
Freres
30 cents quarterly
British-American Tobacco Co., Ltd.—Dividend—
The
4,718,141
34,565,952
62,815,415
201,250,483
1,523,495,101
—
equipment trust.—V.
the common
l to holders of record March 13.
distributions were made: . April 1. 30
stock, no par value, payable April
cents;
stock
deb.
surplus
Total
A
8,265'675
1265.
p.
(E. J.)
17,526,313
9,006,509
insurance
Land
1943, output was 32,239.000
corresponding week last year.
preceding week ended March 27,
17,542,428
investment-.
fbr
Prem.
•
.
for
Reserve
17,498,138
9,707,129
Reserve
output of this company as reported to the Edison Electric
ended April 3, 1943, was 33,188.000 kwh., as com-
Net system
Institute
varying
degrees.
income from
subsidiaries and branches outside the Western
which was again added to the reserve for contingencies,
amounted rto $132,993* 'as compared with $535,584 in. 1941.
.. ' / • ^
Hemisphere,
Volume
Number 4167
157
Consolidated
Income
THE COMMERCIAL &
Account
for
Calendar
{Excluding subsidiaries and branches outside
the
with
Years
Western
increase
Hemiphere)
kwh.
for
15.2%,—V.
157,
146,700,000
of
the
FINANCIAL CHRONICLE
corresponding
week
of
last
year,
1361
an
Fairmount Park
1268.
p.
The
*
Calendar Years—
1942
$
■
sales
$
$
The
105,40b,550
85,546,159
62,043,461
51,304,221
on
32,714,032
32,605,820
29,095,992
record
11,602,906
10,756,269
5,3^45,946
55,833
32,065
29,859
Operating expenses
paid
Operating
loss
Net
profit
from
operation
of
the
Building
exch. adjust,
conversions
subs.
&
Adjust,
arising from
accts.
of foreign
of
branches
of
U.
to
S.
'
'
'
v-.V.
.
of
cash
received
interest
in
in
'■Dividend
income
profits
S
6*34,526
dollars
Crl00,412
Net
S.
from
income
and
U.
S.
income
S.
excess
252,021
profit
6%
on
$4.25
on
pref.
per
5,383,595
and
and
and
1941.
•; ■
for
and
contingencies.
XAfter
■
:
$1,173,066
in
$132,993
Balance
Sheet,
1942
Dec.
'■[
:
Treasury
Marketable
accounts
and
>
post-war
v v'
-
and
Prepaid
'
■■
tPalmolive
and
^Property,
Goodwill, patents,
.
1
equipment
loans
150,000
Provision
3,910,388
for
A
Amount
taxes
owing
Hemisphere
Palmolive
for
subs,
to
D
April
15,
Minority
interest
MiCommon
outside
serial
and
in
preferred
and
"Less
1,363.804
12,500,000
and
for
of
doubtful
$862,818
1942
$17,980,217
shares of
no
in
and
in
no
in
etc.,
for
fLess
$17,761,662
JI 1,962,807
of
the
directors
capital
similar
Nov.
stock,
1942,
and
to
May
with
dividend
a
made
was
compared
1939,
i,
declared
payable
distribution
2,
Nov.
have
1941.
1
Feb.
for
of
^Issued
of
the
and
of
ica,
1942.—V.
Commission
tion
157,
Proceeds
13.
Aug.
order
in
facilitate
to
stock
preferred
time
to
of
mation
this
a
stock
payment
present
said
should
on
a
"be
it
1078.
p.
ing
The
.
for
has
denied
dividend
a
of
payment
the
period
of
$2
tinkered
with
basis
while
is
ordfcr
our
share
outstanding.
dividend,
directors
the SEC
by the Commission
but because
The
the
In
they
Third
upheld
an
U.
Public
Circuit
declared
April
15.
and
the
on
This
15.376
com¬
cents
on
$501,656
$631,717
of
1943,
output
totaled
157,
$1,507,229,
1
that
the
The
the
ruled
.f?35j637'j;4*1y-i*.9,017
243,743 :243,743
shares,,—"
$31,895
Federal
for
income
the
company
and
appealed
pany
months
The
ferred
of
obstacle
any
delegation
stock,
The
Court.
on
which
converted
decision
in
was
not
that
at
least
there
into
left
it
a
are
for
open
the
alters the
permitted
to
portion
means
of the
The
applied
purchase
remainder
has
/■%
in
the
to
part
obligation,
money
subsidiary,
company's
Co,
End. Feb. 28—
Street
its
of
added
to
The
604,585
:
of
raised
for
when
retention
pany
is
put
an
of
that
the
"integration
its
forth;
Southern
or
stock is to be
common
these
violates
value
of
preferred
stock
contentions
are
plan"
such
subsidiaries
as
3,529
3,463
7,740
$203,229
$185,337
$426,042
etc.
32,971
29,715
-
for
deprec.,
"
59,475
$173,514
"Before
at
of
ating
the
i
$94,674
tricity
(electricity
generated
announced
by
the
ended
companies
tional
Power
Power
during 1942
and
its
157,650
40,000
in
a
that
an
record
30,
June
156,
March
30
on
30.
Pay¬
Sept. 30,
and
2306.
p.
—
share
per
;
Director—
director
15,
Bank,
receive
bids
to
fill
■£*•;
Sought—
trustee, Atlanta, iGa., will
for the sale to it of 1st
suf-
amount
an
at
flat
a
price
$100 bond.
per
a
•'v'V'•/«•'../
•"'*
'
:
Co.—Army-Navy "E" Award—
Erie
Finance
Corp.—Tenders Sought—
Continental
Salle
157,
and
par
int.
Tenders
should
be
addressed
to
'
1049.
p.
Fireproofing
Co.—New
Sec.
and
t
Treas.—
D. Skinner, has been named Secretary-Treasurer to succeed R.
Bell, who retired after 34 years of service.
Mr. Bell was reelected
156, p. 2223..
A
dividend
of
25
cents
payable April 20
share has been declared
per
to
holders
of
record
April
the
on
10.
common
Payments
last
year were as follows: April 20, July 13 and Oct. 15, 25 cents each; and
Dec. 20, 50 cents.—V. 156, p. 1952.
/
190,285
'
$57,212
retirement
General Motors Corp.—Annual Report—Extracts from
remarks of Alfred P. Sloan,' Jr., Chairman, and
i
.
the
Charles
p.
should
be
to
of
April 1,
Ebasco
the System
1943,
Services,
$129,459
.
follows:
'
-
x'.:
• ■'
L
•
i
■-
Operating subsidiaries of—
American Power &
;
,"'
and
corporation
single
can
-;'j- .rj'f'
1943
v
1942
Light Co.,,,,.. 1 169,254
com¬
It
was
„
,
XtlCfCjlSC
Amount
"
Dec.
23
15,
holders
and
for
output
the
increase of
169,000,000
of
1937.
of
On
record
Esquire,
The
the
10.9
29.4
100,806
26,979
26.8
Sept.
Sept.
15,
See V.
157, p.
ending
147,700,000
kwh.,
Local
compared
directors
April
on
—V.
have
stock,
This
24,
1942,
156, p.
declared
par
compares
and
$1,
30
consumers
of
lower
that
the
I
par
was
$50,
V.
Feb.
157, p. 40.
on
the
expectations
of
many
vv!'■■■ y.,' \V,!•'
-Y
produced
were
many
maximum
restricted
many
to
as
what
goods.
civilian
production
1177.
As
war
This
they could buy out of the limited
came just at the time when the
was
brackets.
part of the program of restricting output and the purchase and
the production of passenger cars for civilian use
stopped completely by the end of January, 1942.
The sale of new
cars in
the hands of dealers was limited to eligible consumers; like¬
wise, the sale of tires was strictly controlled.
Later, gasoline was
a
was
;
rationed
and its use
restricted.
Parallel
with such
moves
these,
as
the
dividend
a
15
cents
of
20
cents
April
22
to
paid
on
Oct.
cents
each
on
April
26
13,
and
share
per
holders
of
last,
Oct.
a number of major steps to control
selling prices and
by means of taxes and otherwise, to diminish the infla¬
tionary effect of the expanding purchasing power on the limited volume
.of available goods.
Further restrictions and controls are likely to be
profits
-
on
record
20 cents
10,
and,
considered
necessary
the
as
war
continues.
1941.
Summary of 1942 Operations
$1
payable
disbursed
.follows:
'■" ;■
•
Government took
Pipe Line Co.—$1
of
effort
war
1149.
dividend
exceeded
out
intensity of the change and the necessity for insur¬
use of civilian goods,
;
During
Eureka
A
„
increasing employment and payrolls
and raising sharply the total of'individual incomes, particularly in the
March' 29
Distribution—
payable
with
all-out
expansion in
Edwards Mfg.
Co. on'
1, 1943, was the first payment since
1942, the company paid $6 per 6hare to
1, 1942.
carried
was
v..fA' -'•
an
stocks
companies
Correction—
on
,
serious problems of Govern¬
ment
control
both to achieve
production for war and to
prevent a disastrous inflation.
Strict limitations were placed on the
use of materials and on
the output of non-essential commodities, and
April
on
Inc.—20-Cent
common
April 15.
elec¬
week
16.1%,
ing
%
16,589
20,479
stated in these columns
declared
by the directors of
payable
conversion
The rapidity and
r'
152,665
incorrectly
dividend
March
Inc.—Output—
system
this
to
$1.50
1
Winning the
war.
to the fabrication of metal, such as the automotive
industry, the production of civilian goods virtually ceased early in the
year,
and almost the entire facilities of. an expanding capacity were
turned over to the production of war materials.
The speed with which
of
69,793
,
90,272
127,785
follow:
was—and is—the dominating objective of American industry.
The
1942 witnessed an expansion of war production and a contraction
the civilian economy without precedent in the United States.
In
people.
The above figures do not include the system inputs of
any
appearing in both periods,—V. 157, p. 1269.
.
be
proposed
operating
subsidiaries
are
■
'•
President,
the results of the corporation's operations during:
of country's participation in the
industries devoted
inputs of client oper¬
not
prove
allowed
'5,
Wilson,
covers
year
year
& Light Co., Electric Power & Light Corp.
and Na¬
Light Co., as compared with the corresponding week
&
were as
first lull
war
863.
of
which
Inc.,
E.
This report
$168,917
losses.^—V. 157,
Electric Power & Light Corp.,
National Power & Light Co
the
process"
property
premature
the
purchased)
the corresponding week of 1942,
distribution
of
electricity amounted to
cents
Giddings & Lewis Machine Tool Co.—25-Cent Div.—
—Thousands of Kilowatt-Hours—
pre¬
courts
April 4, 1943, amounting to 171,600,000 kwh., compared with
kwh. for
National
April
noon,
$34
director.—V.
a
Services Inc.—Weekly Input—
week
American
$31,117,758,
the "due
Consolidated Edison Co. of New York,
7
Southern
&
o'clock
trustee.—V.
M.
$319,744
„
95,154
two
when the question arises how the new single
apportioned among the present security holders.
April
holders of
March
Inc.—New
Co.,
prices not to exceed
the
provision for
Ebasco
com¬
ritory served for the week ended April 1, 1943 amounted to 230,544,754
as compared
with 197,437,238 for the corresponding week in 1942, an
increase of 33,107,516 or 16.77%.—V. 157,
p.
1267.
on
Gair
exceed
La
the
66.462
$366,567
'
$152,366
78,840
*Net income
For
weekly kilowatt hour output of electric energy of subsidiaries of
this corporation adjusted to show general business conditions of
ter¬
company
to
25
Illinois National Bank & Trust Co., trustee, 231
St., Chicago, 111., has on deposit in the sinking fund the
sum of $33,166.86
which is to be applied to the purchase and retire¬
ment of 15-year 5% convertible
debentures, series B, due Dec. 1, 1951,
So.
7,374
Weekly Output—
The
stock,
follows:
as
of
J. Sargent of Boston has been elected a
In the board of directors.—V. 157, p. 864.
General
$386,206
.
-
„
Prov. for contingencies,
The
,
common
were
dividend
a
has
248,844
Edwards Mfg. Co.—Dividend Record
Maris held
Steel Corp.—25-Cent Dividend—
sinking fund income 3, due March 1, 1947, to
to exhaust $1,494.29, held in a sinking iund,
to
The
1
$378,832
remain.
Judge
stock¬
produc¬
W.
$418,302
the;
heard
were
dividends
determination
the
of
war
output
more
General
$181,874
•
rights of security holders and the corpora¬
establish
our
Completed
meeting
all-out
an
Works of this company,
already the possessor of every*
award bestowed by the Government, has just received an
honor, it is announced.
The plant has been awarded the
Army-Navy "E" pennant with three stars.—V. 157, p. 1270.
t
1943—2 Mos.—1942
v? 123 <5 54
Depreciation
existing $6 cumulative
order
of
to
additional
Ry.—Earnings—
288,287
conting., divs., etc.,
stock.
future
SEC
annual
production
general
'o;
$199,700
rents,
to
power
stock.
Arguments
the
90%
April 5 paid
General Electric
906,686
—
the
Distilleries, Inc.—New Official—
Citizens
ficient
not
$1,534,362
-
and
at
conversion
each, and Dec. 26, 75 cents.—V.
12
mtge.
.;
pre¬
1,353,181
income
stated
Garnett Bldg. Corp., St. Louis, Mo.—Tenders
The
the Eagle-Picher Min¬
been
•«
1943—Month—1942
Co.—Plant Conversion
Gardner, formerly advertising manager of the Pepsodenfc
recently an account executive with Blackett-Samplebeen appointed Vice President in charge of advertis¬
effective April 15.—V. 141, p. 2887.
until
aggre¬
$2,376,038
Available
"V'v'.'v
;
common
accumulated
common
a
assertions
that
tion
decision
year
and
The
and
Massachusetts
C
Court's
corporation's
clause
Circuit
"$6,012
^'vr:
of .New
435,876
created
-
single
value
Henry
.
$741,304
ago.
Circuit
be
must
the
to
a
$32,610
completed
80%
on
par
(Robert)
profits
excess
X
loans
have
last
stock,
ago
to change to
'$1,711
Baxter
ing,
$0.04
■
-
Gross corporate inc
Interest on funded debt,
that the corporation's capital struc¬
ture was "unnecessarily complicated and burdensome and
unfairly and
inequitably distributed voting power among the security holders."
It
ordered
1,5515
25,430
President,
"we
company
cents
J.
652,567
paying
Court of Appeals at Philadelphia on April 1
and Exchange Commission, directing
time
2,775
25,420
992.
p.
between
Hummert,
$512,061
the Securities
some
712
12,724
$13,664
chgs._
157,
O'Conor,
no
Co.,
1942
$602,296 ^
$1,140,554
Utility Holding Company Act of 1935,
Congress made an illegal
Holding Company Act.
SEC
fixed
with
ments
25
against
revenues..
^
declaring and
corporation to simplify its capital structure,
•
an
unanimous opinion, written by Judge Albert
Maris, the Court
an
appeal by Commonwealth in which the corporation con¬
tended
1,028
12,716
590.
p.
$0.15
income
inc.-
Fostoria Pressed
Mar., 1942
dismissed
SEC in
J.
The
Feb., 1943
expenses,
Other
743
$20,970
,
an
Operating
recap¬
issued an
have
v
from
because
not
been
last,
$501,008
refinancing have been
Taxes
requiring
We
they fear stockholders' suits.
say
S.
refrained
contended,
the
or
order by
have
15,
Ry. operating
consum¬
768
$60,805
,
management proposes to do something else."
Commonwealth
has
payable
Oct.
on
Ry. operating
dividends
the
by the court, telling the company what action is ap¬
propriate in view of its situation and directing it to carry it out. The
the
share
per
share,
per
aggregate consideration of $10,000,000. ■ '
v
^
V'*""--?r''Cash and U. S. Treasury securities at March 31, 1943, after
giving
effect to the foregoing transaction and the subsequent payment of cur¬
rent bank borrowings, approximate $3,500,000.—V.
affirmed
order,
cents
paid
aft.
proposal
per
certain
before
426
$11,725
J. Gebhart,
formerly Treasurer, has been named Vice President
charge of finance and accounting: J, Roger White as Vice Presi¬
in charge
of sales and advertising; George H. Clark as Vice
President in charge of engineering; R. W.
Lytle as Vice President in
charge of special engineering, and Ellsworth G. Williams as Vice
President in charge of manufacturing.
Walter H. Kruse, Assistant
Secretary, has been elected Secretary.—V. 156, p. 2038.
were incurred in connection with the purchase,
of the property and assets of Commerce Mining & Royalty Co.
Period
414
dent
obligations paid
Eastern
$20,22'f
W.
157,; p. 1177.
the
$60,036
in
.v,;
j,
1943
bank
Smelting
funds.
and
1,403
$11,299
New Officers—
$6,449,443
1
%>-
•
period last year.—V.
of
term
5,208
2,857
going to the Army
Air Forces, and we are
rapidly approaching the limit of plant capacity"
but he explained "we are also
looking forward to the post-war market."
Shares—Distribution—
520.
this
of
of
corporate
from
thought it is against the public interest that
stock
one
of
and
during
plan of recapitalization
The Commission
italization
the
at
thereafter
time
1
'
share
gating $4,313,750,
A
and
1
quarter
corporation
the
from
$6,277,836
'
1
!____
same
p.
75,63*
5,959
742
$27,408
___
from
holders that
19.3%—
$1,500,000 and Mutual Life Insurance Co.
payment
on
to reduce the stated value of its $6 preferred! stock
from $100 to $10 per share.
The company sought to effect the reduc¬
on
$2,675,364
-.
-
York, $1,000,000.
>
Exchange
D.
1,
April 5, announced the sale, at par and ac¬
1942, of $5,000,000 15-year
3V2% sinking fund debentures, due Nov. 30, 1957. Pur¬
chasers of the issue were the Metropolitan Life Insure
ance Co.,
$2,500,000; Prudential Insurance Co. of Amer¬
125.000
April
on
each
Payments—
Securities
17.
Corp.—Earnings—
157,
88,932
2,487
$26,994
Formica Insulation
par
May
Eagle Picher Lead Co.—Debentures Placed Privately—
Commonwealth & Southern Corp.—SEC
Rejects Pro¬
posal to Reduce Stated Value of Preferred to Facilitate
The
no
April
21,
1943—3 Mos.—1942
''
'
$2.50
quarter
provision
in 1938,
Dividend
the
on
record
March
Off
•
_
per
37,773
charges
"Loss.—V.
crued interest from Nov. 30,
2096.
share
per
record
and
per. share
1,
fixed
The company,
deprecia¬
156, p.
cents
last,
1,
cents
including May
35
holders
to
on
45
of
deduc.
vacancy
Commonwealth Edison Co.—35-Cent Dividend—
The
of
on
Sales
sales
"After
$1,044,221
depreciation
reserve
shares.-—V.
par
and
Mar., 1943
Test
taxes.—V.
15,575,039
reserve
1941.
declared
holders
"
first
$102,473
—
income
Misc.
>"■
1943—2 Mos.—1942j
$157,785
2,842
income-
oper.
Total
12,500.000
allowances,
{Less
and
1942
value.
par
accounts,
1941.
$2,313,493 in
103,901
RR.—Earnings—
44,906
income
Total
1079.
p.
$2,158,102
13.763
production
Earnings
24,535,088
17,973,802
reserve
1942
been
to
last,
1943—Month—1942
cents
Net profit after • all'
Outstanding
common
$80,911,517 $76,034,139
$2,477,320 in
tion
Net
6,046,083
24:535,088
surplus
Other
Mines, Ltd.—Value of Bullion Output—
Duro
306.291
1,615,825
ry.
'$70,054
6 Mos. Ended Jan. 31—
2,062,500
9,009,056
Total
in
5,762,719
300,757
stock
157,
of—
the
the
on
$52,302
(Dr)
Frankfort
1,381,309
1,987,500
notes__
foreign subsidiary———
a
1
10,
Corp.—March
par
1,844,527
6,477,316
stocks!
has
May
Feb.
1942.
of
For
3,825,776
—
reserves
26,901
$831,003
1,113,397
.
prior years
mtge.
1—
share
per
1
of
12.020
Dome
theCWestern
1st
$33,847
Trustee
shares,
Month
$76,034,139
1,704,533
coupons
accruals
consolidated)
(not
liabilities
Earned
current
Building 4%
Deferred
other
$205,290
t
distribution
with
1
$1,051,087
—
redemption of
$12,338
on
:
992.
p.
series
17,974,964
1
2,643,156
commissions and
Provision
S$4.25
157,
declared
$76,627
expenses
rents
Net
4,091,181
18,790,696
—
—
current
lor
Payrolls,
Shoe
$1,862,699 in the
(foreign)——
24,765
1942.—V.
26,
been
157, p. 1081.
1943—Month—1942
tax accruals——:—
282,180
8,932
payable
paid
_
pares
1,036,981
$80,911,517
payable
Oct.
Diversified
3,610,447
—
cents
stock,
„
26,640,456
—1,015,050
——
Accounts
25
16.—V.
1268.
p.
were
Diamond
Liabilities—
Bank
and
Value
Total
280,852
2,405
;i
11,494,782
27,994,334
„
etc.
23,515
period
share has
per
Gloversville
&
revs.—
oper.
tion,
—V.
3,706,326
trademarks,
of
common
Aug.
1941
10,153.854
:
dividend
amounts
2,700,000
advances
.
;' $340,792
the
cents
1,885
oper.
Ry.
Net
$495,074
ry.
Ry.
41
..
$178,389
157,
Fonda, Johnstown
$340,751
\.
$38,258
$17,501
stock for
pref.
to
Period End. Mar. 31—
4,340,000
—_
deferred charges
Building
plant and
25,667
22,983
—
Sales
146,353
and
expenses
$469,407
25
Period End. Feb. 28—
Total
435
applic.
$8,335,327
_
—
Investments
A
$1,163,487
1942
■
notes————__
receivable
Inventories
386,063
$40,919
bonds—
mtge.
income
value
31
securities
"Notes
tax
115,039
$38,258
of
$10, payable April
par
C. Collins was recently named Vice-President
and Secretary
this company and of the New York
City Omnibus Corp.
Mr. Collins
been Secretary and Treasurer of both
companies since 1936.
T. G. Walker succeeds Mr. Collins as Treasurer.-r-V.
157, p. 603.
j
$526,814
15,505
$40,919
dividend
„
,
$584,446
plant_
exhaust $55,71558
has
453,627
„
$53,763
^—
Like
in
$10,854,515
States
initial
Inc.
Hemisphere. {Divi¬
1941
689,342
——_
$40,919
to
Edmund
of
Dayton Rubber Mfg. Co.—25-Cent Dividend—
$1.62
$3.09
Western
Cash
United
25,731
—
■
income
"Deficit.—V.
v:;."' ,i, ,</■.
'•
70,796
1
Balance
1,668,241
•
'
162,100
appro.
•'
1,962,858
3,129,356
*•
Consolidated
Assets—
2,944,262
i
to
184,855
income_,_
on
Net
323,189
2,398,763
$2.47
amounted
35,901
Other deductions
329,490
2,453,560
—
reserve
V'
2,435,953
13,932
amount sufficient
an
;,i, Fifth Avenue Coach Co.—New Vice-President, Etc,-—t
$3,614,395
431,220
Sought—
trustee, Philadelphia, Pa., will until 12 M.
1943, receive bids for the sale to it of Fairmount
Co. 1st mtge. 5%
sinking fund gold bonds, due
Fiduciary Trust Co. of New York—Initial Dividend—
1943—12 Mos.—1942
3,050,034
Transit Co.—Tenders
Co.,
extended, to
as
capital stock,
,6,188
Trust
prices not to exceed par and
Int.—V.,156, p. 780.
was
$4,939,897
income
4,283,778
.
531,273
branches outside
to
$116,908.
Note—Depreciation
in
Int.
326,613
531,272
profits aggregated $535,584 in
added
were
of
'
.
6,604,891
1'
-•••..
stock
share—
common
subsidiaries
cents
204,744
364,500
—
stock__^
at
864.
$304,358
revenues-.-
lease of
Gross
1,046,927
662,668
for
Other
,
2,661,390
res.
.'\'A
Operating
5,657,318
il,052,167
stock
common
income
credit
.'
,
2,855,216
preferred
4.5
July 1, 1957,
cents
17,350
oper.
Rent
Cr28,976
'
10,293,449
Surplus
1942
Crl09,437
10,186,837
-
——
on
"From
89,390
Cr458,977
<
profits taxes
tax
of
nine
64,765
retire,
'v.,; *.-•;••
Dividends
Dividends
dend
t
895,859
Dividends
Earnings
V
242,325
foreign
tax—
profits
dividend
of
264,975
taxes
Prop,
Cr37,873
and
taxes
Dividends
398,279
Crl31,182
excess
interim
dividend
$458,805
taxes
Net
(.net)
U.
Net
1,273,923
t
&
expenses :
a
:
subs,
profit before U. S.
Foreign
dollars
profit of
final
a
1943—Month—1942
;
revenues
operating
Other
___—:
with
compares
Railway & Terminal Co.—Earnings—
Operating
Crl04,795
Federal
received———
items
Other
U.
net
This
Period End. Feb. 28—
•
profits
foreign subsidiary
on
Dallas
resulting! from
policy of incl. foreign earns, since
Dec. 31, 1938 only to the extent
Minority
4.
April 7, last year.
An
Sept. 3, 1942.—V. 156, p.
on
paid
April 1 paid a final dividend cf 9.1 cents per share
depositary receipts for ordinary stock to holders of
on
American
March
An
Palmolive
Foreign
company
the
Girard
(E. W, T.) on May 3,
Park Transportation
Courtauld's, Ltd.—Final Distribution—
118,968,117
74,651,179
sales-.—
of
Cost
1940
,
Net
1941
share
per
May
1
Feb.
2, May
1
to
1,
has
holders
last.
and Aug.
creased
Dividend—
been
of
declared
record
April
Distributions
1.
on
the
15,
capital stock,
Like
during 1942
and Nov.
50 cents each,
amount
were
as
2, $1.—
the
at
a
1942
year
rapid
in
excess
duction
of
ceived,
and
Deliveries
(b)
(c)
from
(a)
The growth
increased
inauguration
new
in
in
orders
of
for
General
the
the first quarter
$3,000,000,000.
resulted
production,
production
war
rate.
than three times those of
fourth
and
in the
orders
production
a
variety
Motors
quarter
were
at
an
plants
were
annual
corporation's
for
on
of
materials
war
in¬
more
rate
pro¬
already
previously
additional types
orders
in
re¬
of
'
Assets— ''
accomplished without
problems. Important
acquired representing
to
a
considerable degree an investment for the account of others,
mainly the United States Government.
Meanwhile, all possible use was
made of existing plant and facilities.
Conversion to war output was
carried
on
side
by side with
the manufacture of war materials.
Before the end of the year all of the corporation's 112 plants in the
United States and Canada were engaged in war material production.
of war goods was not
overcoming a multitude of engineering and other
new
facilities, principally machine tools, were
delivery
of
rate
This
deliveries
production,
two categories,
divided into
are
Y
!\'Y
'
below;
1942
Deliveries—
43.246,452
10,987,371
1,678,625
•Yr 8,722.825
371,483.082
409,874.456
charges.—
28,261,330
13,800,132
50,236,551
50.322,686
2,030,651,704
Due
—_y
Employment and Payrolls
Y"!
1942
to
Government
U.
to
on the corpora-y-YY——y_——
number of employees
tion's
payrolls
j: .(Employes
bonus
for
Reserves
Employes
-.••••■
■
;
bonus
contingencies
reserve
—_
subsidiary
United
States
,
■■
United
Consolidated
Comparative
'•Equity in earnings
(net)
;of subsidiaries', not con-
22,866,496
18,997,672
.'YY'--' •■,.:•%••' , :-o-•••i-,.:.,YY!v
10,440.516
17,212,368
16,866.334
21,529,818
Y
(less sundry
deductions)
income
157.
G.
A.
■..YY'y
Y'Y ■' .Y YY.A •YVyY'Y ''"Y: \Y' •.'
•
yYYy—Y,
1270.
p.
President,
Partridge,
Cost
Selling,
for
ministrat've
expense
*
and
59,162,640
,
53.161,347
45,971,036
23,986,315
equipment
contingencies and
Y™.—Y
16,598,644
IRefund
§U.
1943—Month—1942
and
,
12,386.479
4,382,953
125,027,741
287.992,343
124,500.520
in
S.
U.
.!_!_.!;
■'
28.906.475
excess
-:.
Y
!
company
of
Divs.
The
share
This
2,223,000
$163,651,588
year.
company
$154,473,368
stock
$192,474,288
$186,536,789
43,366.660
43,165.398
$4.44
'Y!' $4.32
Average number of common
shares
outstanding during
year.'
$3.55
Earnings per common share
if Transfer to capital surplus.
Yw 493 883.087 464.017.095 446 442.576
.!'e^!!.Y
163.651,588
...
9.178 220
series).
($5
dividends
on
received
interest
and
9.178.220
162,608,296
amounted
to
with
connection
tinder
an
agreement with U.
S.
''-YvYY
of
renegotiation
the
([Charged
h,
in
$40,766,506
the
1942,
•.
Y-
in
in
$24 773 180 in
solidated;
of
also.
resulting
1941
States
•ffOf
excess
of
bonus for the
as
includes
from
write-off in
of in¬
1942
to plaintiffs' aUorne"s and accountants
income
taxes
applicable
to
which
in
1942.
1941
substantial
a
award
$32,237,742
value
over
in
1940
than
cost of treasury
is
50Y
stock
hHd
distributable
•
Notes—<it
In
1942
the
amount
earned
stock before adding income items of a
(2)
United
States
of the excess of the income
of
the
four
years.
in
lower
the
1942.
profit,
as
Act of
compared
realize*
on
ner
share
each
with
war
were
vear.
is
in
common
computed
over
decreased
in
on
averorle
accordance
The
accounted
production rales
corporation's pricing policy.
1939.
1941.
of
capital
special nature amounted to $2.84.
taxes
subject in speb taxes
through
1936
visions of the Revenue
tax
profits
excess
with
the
the
excess
principally
1942,
as
basis
earnings
pro¬
nroDts
bv
a'result
the
of
Assets—
Co.
is
a
.
successor
by
It is estimated, that
the
—
in Delaware on July 25, 1933,
of Denhey Holding Corp.
On March 31",-1943,-pur¬
name
was
incorporated
agreement of merger dated March 8, 1943, between Denhey
and'Heyden Chemical Corp. (New York), Heyden was
merged with and into Denhey Holding Corp., which thereupon changed
its name to Heyden Chemical Corp.
Company is. therefore, the suc¬
cessor by merger to the business theretofore carried on bv Heyden.
The agreement of merger provided that the authorized capital of the
surviving corporation (the present company) should consist of 19,400
163,658
500.000
4.821,083
(net).
408.000
formulae, etc. YY!,
YY!*_ rY- - r!-:
.
61,759
Y:_—Y__Y
Total
Liabilities
YY!--:-—yY^'Y■•$410,694
!
liabilities
Accrued
$8,824,773
'
; »
---
payable
Accounts
profits taXesY-^^YY*Y«^rL^<-:';Y
Accountability for advance from U. S. Government under
cost-plus-fixed-fee construction contract, see contra.——
Federal income and excess
Reserve for
Preferred
surplus
Total
—'V.
*.
Drl,285,942
—
•■Y.,-'!^Y!llYY-';yYY_.Li:..Y-Y.-%Y;:ly^Y.-^a.,_. ; $8,824,773
157,' p.
1180, : ;:;y '■
on
the
Y
.
'Y " '"!
A similar distribution was made
payments were made as follows;
and July 15, 25 cents.
amounting to $1 per share, was made on Dec.
50
'
share has been declared on account of
$2 cumul, class A stock, no par value, payable
April 15 to holders of record April 5.
on
Jan. 15, last," while during 1942
31.
,.YY'
%;■;V'YYY-:'Y
CoY (Mich.)-—50-Cent Class A Dividend—
50 cents per
of
dividend
accumulations
Jan.
'
^
par)Y„YYrY!YrYwY^YYYY5Y3.YYYYu
1,500.000
Y....y^^.-.YY—Y...Y-.r.-.;.Y-Y-;;. •■"'; 362.633
' 3.897.192
stock
Home Dairy
A
_ .
,
.
Earned surplus
'
500.000
25,000
3.300
stock—l^y.^YyY.YYYyllY-.y-/Y 1,940.000
s u bsid ia ry YY-Y.-.
of
Common stock' ($10
Paid-in
80.094
1,391,802
contingencies...—Y——yl—-yyyyy—y— )
stock
4'/a'f:cumulative preferred
cents
The previous payment,
27, 1937.-
Obituary—
death
The
was
Rudolf Ec-kevt.
Vire President and General Manager,
157, p. 164.
'
'■
.
Hardart Co. (N.Y.)—40-Cent
Dividend—
share has been declared on the
1 to' holders of record
similar distribution was made on Feb. 1, last, which com¬
quarterly dividend of 40 cents per
common
April 10.
pares
p.
of
announced on March 28.—.V.
Horn &
A
suant to an
109.599
Pa tents, processes,
r.;y;Y""';:yy:''!^
corporation,
;
—
Property, plant and equipment
V
t
804.458
1,055.264
profits taxes—
Assets identified with U. S. Government cost-plus-fixed-fee
construction contract, see contra-^.^v-'i!-—
has
Delaware
1942
S9D0.952
k
Post-war refund of excess
Treasury
principal
History-—Company
under
and demand deposits in banks.—acceptances and accounts receivable
Investments
to Heyden Chemical* Corp.
Holding Corp.
SY!1;*
Hi, 1912 ;
Y,Y'•''YY'--''"'YY,'''Y;Y!Y.,YyY'Y
Inventories
.
shares common
''}'f'Y-Y"'
Cash on hand
Trade
degree.
1940.
year
Manhattan
,.Y
YY'";!-'
share.
per
J Prepaid 1 Insurance
in normal times approximately 65% of
Heyden's total net dollar sales were for Industrial uses and approxi¬
mately 15% were for medicinal uses.
At the present time many of
the company's customers are engaged in war production in varying
surplus
for earned
more
and
but not
■
the option of the company in
1,500,000
1334%
13%.%
.
^
Y yY.,Y Consolidated Balance Sheet, Dec.
::
Fenner & Beane; Hornblower &
by present stockholders.
lacquers.
Hornblower & Weeks...!—
Ladenburg, Thalmann & Co.
20% ;
Beane.
is' $1,625
per
the
Y,
In respect of shares of common stock subscribed for by stockholders,
underwriting discount or commission, is $0,625 per share.
In
respect of common stock purchased by the underwriters, and not sub¬
scribed for by stockholders, the underwriting discount or commission
April 2, 19143, have, until 3 P.M. April 8, 1943,
of
.
the
headed by A. G. Becker & Co., Inc. on
industries served by the company are,,engaged in the
manufacture of plastics, explosives, dyes and dyestuffs; textiles, food
and confectionery, pharmaceuticals, chemicals,- paints,
varnishes and
The
recovery
1942. $28,597,778 in 1941,
1940 for net earned surplus of subsidiaries not con¬
$1 679.467
in
companies
the
20%
Pierce Fen-
v
Offered—An under¬
(New York).' 1
manufacture and sale of synthetic organic
chemicals for industrial and medicinal uses. Y Its manufacturing plants
are located at Garfield,
N. J., and at Fords, near Pertir Amboy,* N. J.
Company sells, approximately 100 different items,
*
■ *
($1,482,000).
and
Chemical Corp.—Stocks
5.500 shs.
5,500 Shs.
Inc.._ 32»/a%.
G. Becker & Co.,
ner <&
Y
last,
and
/^YY Y-.Y yY:YY;
155, p. 825.
&
8.000 shs.
Fenner & Beane__.—.
Underwriters—The several underwriters
Common
A.
right to subscribe for 20,977 shares of common stock
merger
enemy-controlled territories.
United
surplus
1941.—V.
Pierce,
Weeks
Merrill Lynch,
April 10 paid a liquidating dividend of $1.50 per
stock, par $20, to holders of record March 31.
Business—Corporation
1941,
$171,931,085 in
1942,
•
MEarnuH
on
Company is engaged in the
enemy and
and
($795 000)
$1.50—
been appointed as transfer agent
stock; also as warrant agent in con¬
nection with the subscription offer made to the holders of the corpo¬
ration's common stock.
' ' -Y. 'YYYY,'YY''''YYY''.'Y YyY'.yy".> - Y YY;
for
contracts
.
Lynch,
8.000 shs.
YyY.
Brothers
Lehman Brothers——'
capital
15,
on
$20
Bank
Y!Y "'lYYY"
material
war
Government.
$3,374,833)
**Less fees awarded by court
1
Dividend—
share, in the ratio of one share for each 20
shares held.
Upon expiration of the subscription offer,
the underwriters will purchase any of the shares not
at
1940.
income
to
vestments in
■ •
Offering of Common Stock—Common stockholders of
record
Y SIncludes provision for U. S. excess profits taxes of $30,373,494 (after
rieduct("T nost-war credit of
and
'
whole or in part at any
time on 30 days' notice at $103.50 per share and redeemable for the
sinking fund at $102 per share, plus accrued dividends in each case.
Dividends
cumulative from March 1, 1943. and payable' quarterly
March 1, etc.
Transfer agent, Bank of the Manhattan Co., New York.
Registrar, Chase National Bank, New York, N. Y.
yY'yY'Y.Y '■.•■YyY'
1942, $14,011,6G0 in 1941,
YY.YYY;
$12,239,908 in 1940.
fin
on
Feb,
taken
tlne.lud. dividends received of $7,003,449 in
1
Y
since.—V, 155, p. 1512.
Merrill Lynch, Pierce,
$19,955,337 ill 3941. and $20,163,724 ill 1940.
.and
none
13.000 shs,
Becker & Co.,
named below have
also entered into an agreement • with the company under which each
has agreed severally and not Jointly to purchase, at $20 per share, such
of the 20,997 shares of common stock as are not subscribed for by
stockholders, in the percentage set opposite its respective name;;
Y
Y
April 5 offered 40,000 shares of 4% cumulative preferred
stock, series A, ($100 par), at $100 per share.'Y Other
members of the banking group are: Lehman Brothers;
9.178.220
161,864.923
in
an
Ladenburg, ; Thalmann, & Co.
,!
195.621,721
$17,818,324
G.
Merrill
with a liquidating dividend of $3 paid on Dec. 21,
Feb. 20, 1942, $8 each on May 15 and Oct. 31, 1941,
Heyden
561,364.160 493,883.087 471,021.153
surplus at end of year.:„_
'•Dividends
201,652,508
86.992.295
dividends
Earned
of $5
657 534 675 665,669.603 642,064.296
Earned enrolbefore dividends.,.
Common
1940
7,004,057
______
Net income for the year....
Preferred
Diy.—
declared on account of
stock; payable April 15
A similar distribution was made on
31.
underwriters named below have
agreement with the company under which each has
and not jointly to purchase from the company or to
find purchasers for the number of shares of series A preferred siock
set forth opposite its respective name:
into
agreed severally
A.
Weeks; and Ladenburg, Thalmann & Co.
493,882.087 471.021.753 446,442,576
Earned surplus at beginning of year
Remainder
Y
-
on
Redeemable at
•>;Y;Y'' Y'"-''1941
YY-'Y:
Y"Y;Y
:
Surplus Account for Calendar Years
ttComparative Earned
Y
the
on
$12
9,178.220
cap-
43,498.457
ital
*
accumulations on
writing group
earned on com
Amt.
9,178,220
9,178.220
($5 series)
'
$195,715,009
$201,652,508
be
to
•
share has been
compares
.
capital stock
pid.
on
March
stock not taken by
The aggregate net
upon
received by the company from the sale of both issues,
after deducting estimated expenses, are estimated to be within a maxi¬
mum of $4,237,362
and a maximum of $4,216,365.
Y yYY: YY.Y' "Y
Of such net proceeds, $2,037,000 will be applied towards the redemp¬
tion at $105 per share, plus accrued dividends, of all of the outstanding
19,400 shares of 4'AY- cumulative preference stock of the company.
y
Y
The balance of such net proceeds, estimated to be within a maximum
of $2,200,362 and a minimum of $2,179,365, will be added to working
capital.
,,
■
'
;
proceeds
cumulative preferred
Hawaiian Sugar Co.—Liquidating Dividend of
one
the
for
income
for
March 25 paid a dividend of 15 cents per share on
the 7 Y cumulative preferred stock, par
$20r to holders of record March 19. Like amounts were paid on April
10, June 20 and Sept. 21, last year—V. 156, p. 1238.
:
Recovery in
Net
per
the sale of the com¬
minimum of $385,820,
the number of shares of common
stockholders and purchased by the underwriters.
income
profits taxes!
settlement of
stockholders' action Y..iY
-and
* *
last year;
15,
The
Y
fReduction
the 7 Y
record
of
holders
account
$195,715,009
$201,652,508
$132,522,112
credits
income
mon
proceeds to be derived by the company from
stock will be a maximum of $406,81.7 and a
depending
YY
cents
50
proceeds from the sale of the 4% cumulative pre¬
exclusive of accrued dividends, will be $3,880,000.
Purpose—The
The
1943—3 Mos.—1942
Hawaii Consolidated Ry., Ltd.—15-Cent
special
before
income
Net
to
April
5,273,650
income
profits taxes..
excess
of
designated as 4%
40.000 shares
preferred stock, series A.
Hornblower
dividend
,
,
1,500,000 shs.
Issued from time
by the board of directors.
thereof is to consist of
series
,
—
40,000 shs.
440,932 shs.
series as determined
Underwriters—Preferred Stock—The
;Y;Y'Y
•:
ferred stock, series A,
15,000,000
foreign
and
S.
more
one
cumulative
stktes that
sufficient to
Guardian Realty Co. of Canada, Ltd.—50-Cent
48.661.545
bonus
Employees'
the
or
Lehman
A
Post-war
rehabilitation
.
accumulations on
plants,
tion of real estate,
157, p. 993.
98.589.915
101,480,274
56,196,885
___
of
in
time
The first
YY,,,?; YyY:Y;
14.18%—
"60.000 shs.
preferred stock may be
serial
shares
"The
to
Transactions
to Present
' *■
($2.50 par)--.-,,.
stock
Common
..y!YYY.Y!! $11,955,704 $10,470,513 $31,784,870 $27,869,790
Sales
Y-Y
Y.
$709,511
—-
($100 par)
($100 pari
preferred stock
entered
1
amortiza¬
and
Depreciation
contracts providing
stockholders
.!
cumul. pfd. stock, ser. A
4%
of
letter to
323.224
226,350
Y
After Giving Effect
Capitalization
.
.
•Serial
1,346.113,991
1,803.608,247
1,832,215,525
deprec.)—_
general,, and ad-
provision
a
1,636
$1,003,647 * $807,859
of 4% cumulative
A, to be outstanding will be $160,000.
r
Y
preferred stock, series
493.883.087
Grant Co.—March Sales Up
(W. T.)
■
—V.
(excluding
sales
of
in
443,048
886,949
337,1C
tax___
profits tax
of
excess
1.888.613
183,564.400
11,787.273
profits for the first quarter of the current fiscal year are
pay the dividends for this period.—V. 156, p. 2131.
$2,519,544
$1,357,433
requirements on the 40,000 shares
Annual dividend
!Y
435,000.000
YYY" Y.
157,643
$2,333,644
'YY
I
income
Net
16.598,644
i 64,961,262
under
$1,515,078
254,502
Y--Crl63,658
under
others
required
reductions
price
refund
post-war
profits taxes
price
Period End. Mar. 31—
$2,282,519,192 $2,476,879,842 $1,830,800,648
Total
Less
5,875,552
Dividend—
,•'
-
*
solidated
tOther income
Y
1940
1941
—$2,250,548,859 $2,436,800,977 $1,794,936,642
—
6.352,514
Goodyear Tire & Rubber Co. of Canada, Ltd.—Earns
Account for Calendar Years
Income
1942""
sales
Net
—V.
500,422,165
of
$2,588,146
306,855
for Federal income
Provision
less, not in excess of market
or
account
for
1.485.034
30.044
$2,826,399
Provision for Fed. excess
redeterminations. ttUnder an over-all renegotiation
agreement with the Government.
ll-'Based upon cost of treasury stock
distributable as bonus.
§§Outstanding, 1,835,644 shares of no par value.
retroactive
y"
$
$ ':•-■• Y.-
Y— 632,196,403
,Y
—
""For
receivables
fAt cost
1941.
2,540,582
47,564
income
hicome'Y_.!!!_!Yl!Y!i
Net
•
5.587,149
18,414.161
$1,235,888 in 1942 and
(excludes
cost-plus-a-fixed-fee con¬
tracts: 1942, $54,772,045; 1941, $7,029,526) y YHeld for bonus purposes
(1942, 41,171 shares; 1941, 211,740 shares) iLess reserve for deprecia¬
tion (including amortization of special war facilities) of $501,441,553 in
1942 and $448,319,074
in
1941.
if Under Federal Reserve Regulation
in
doubtful
for
reserve
84.533
,
$1,979,771,117 $1,743,982,972
______________—
"Less
•
y'V."
221,709
the
in
employees
States
;
■■
■
to. hourly-rate
only
Y
paid
Wages
2,294,555
435,000,000
_y—_
surplus
Total
$1,627,466
.
221,401
par)
surplus
2.741.866
Other deductions
178,342
Y
in the
hourly-rate employees
only
—y
v Y
''
Average number of
Total
290,491,677
£61,364,160
($ 10
Capital
$6,005,704
income
Other
YY 11,944,259
stock
Common
$9,548,606
Operating
company
stock
8?Preferred
$11,156,718
18.217,468
40,584.959
in preference stock of '
YY ;: v''Y
Y—YyYY——Yy
1.888,613
yyYy.i.Y-yYYYy;,'.!YY'K-183,564,400
interest
Minority
Y'
1940
'1941
1942
29,566,641
reserves*,-
,Y
Years Ended Dec. 31
Income,
sales
Net
Y%Y Y"Y'.
y-'
miscellaneous
of
Statement
Consolidated
82,136,175
6,339.015
rehabilitation
and
—„
Contingencies and
—y—-_Y—'y~——Y 859,314,062 069,744,870
employees'
17.980.865
2,477.296
Yl—y
,-jyY
reserveYY—_Y..
following
'
1,639,189
39,969,075
6,386,933
plans
reserve
income
Post-war
corporation
and wages paid to all
Total salaries
?
27,839,153
: YYv Y;
136.049,869
5.990,680
,
had outstanding
(par $100) and
"
, ^
the merger the company
4VicY cumulative preference stock
419,935.2 shares of common stock (par $2.30). I
"
48,661,545
miscell.
benefit
employe
Deferred
•
converted into 214.2 shares
each such share of capital
as
of
shares
19,400
104,152,103
»yY—iYY~Yy-w.
liabilities!
—
and
warranties,
Taxes,
:
then outstanding,
equivalent to 53.55 shares of common stock of
Heyden which its ownership represented.
No common stock of the
company was issued in respect of the capital stock of Denhey owned
Denhey
of
stock
Immediately
bonus ————Y—Y——y'
Divs. payable on pfd. capital stock'ii^Y-LYYvYY 2,294,555
'.
314,144
303,827
Y'Y-Yv; !y ^Yy'Y':
"YY
•
'
__
Employes
from
'Y
v : •>
Y'
of capital stock of Denhey
except the 500 shares held by Heyden, was
of common stock (par $2,50), thus treating
100.000.000
v
Government
S.
inventories held
Average
—'
.
Deposits on government contractS-Y YyY•
U.
S.
and
foreign income
and excess
profits taxes : Y-LYYv—YLYyYYY—YY-'-'
Y
Denhey.
by
or
Each of the 1,000 shares
$86,293,938
banks————_yy.y—y'Y'Y; 2,423,005
warranties, and sundry
• •
items ''!Y.;yyY..YYLYYY!YYy'Y;.
87,499,021
contracting agencies of U. S. * * YY-Y -
accrued
high
1941
i.
banks—.
to
foreign
Earned
.
Heyden
4,486.510
Y'-YYY-YY YyYYY 'v'
Y $146,613,940
payrolls,
•"Due
'
,
and payrolls of the corporation reached all-time
levels in 1942 despite interruptions occasioned by the transition
the production of civilian goods to the production of war goods.
Employment
1
-
payable—
"
YyYyYYyYYYyYY''
work to outside firms.;,
"YvY.
.
payable
to
ft Due
.....
by Heyden,
Taxes,
approximated $900,000,000. This extensive
use
of subcontractors is the application to war-time operations of a
long-established peace-time procedure of General Motors and the auto¬
mobile industry in general, a procedure which has helped to maintain
the requirements of mass production through the delivery of parts and
subassemblies according to prearranged time schedules.
This practice
in the case of the corporation resulted in the spread of approximately
war
etc.——yYyYYYYYY
-
$1,979,771,117 $1,743,982,972
Accounts
subcontractors and suppliers
of its
and deferred
,
Y Total
to its own facilities, made extensive use
of the facilities of thousands of subcontractors and suppliers scattered
widely over the country to supply it with parts and materials for its
expanding volume of war goods production.
In 1942 purchases from
one-half
capital
Prepaid expenses
corporation, in addition
The
—Y—YY
—;
Goodwill,'. patents,
••.
C
215,913.878
46,260,452
((Notes
sales
332,826,774
.157,013,695
stock in treasury———
§Real estate, plants, and equipment_,YY_
$2,250,548,859 $2,436,800,977
Total 1942 sales nearly equaled the value of those of 1941, despite
the extraordinarily difficult problems that had to be met during 1942
in connection with the changeover frorti peace to war production.
In
reality the pnysical volume in war materials delivered in 1942 increased
far more rapidly than its dollar value indicates, due to the fact that
the corporation was able to make substantial price reductions during
the year as cost savings were realized through the development of new
methods, the simplification of designs and an expanding volume of
production.
^
Y ./' ;/•/'
.!•»vYyY;YyY
Subcontracting
''Y'" 'Y' YYYY-Y
net
Total
Y 112,387,426
not
companies
1941
352,353,414
111,493,570
466,265,585
assets ;YyY_—Y-.
Liabilities—
(in 1941, com¬
mercial sales included)—_y—'——YY~:
Other
subsidiary
investments
fCommon
.$406,149,273
$1,898,195,445 -
products
authorized products
material
War
391,344,591
consolidated '• Y. y^Y'LyJ—yY_YYy-!YY!'
Miscellaneous
indicated
as
in
1
Other
purposes,
war
19,997,162
y_Y—-,Y_!y.Y
y—
Investments
and because of censorship restrictions, it is
impossible to report deliveries except in terms of their aggregate dollar
value.
For purposes of comparison as between peace-time and war-time
turing for
265,084,000
71,089,940
—:y<.—,•—Y.
notes
tlnventories
manufac¬
the corporation is
wide variety of products
of the
Because
57,463,920
—y'Y'
Accounts receivable lU. S. Government!__
"Other accts, receivable, notes receivable,
trade acceptances, etc. —Ly—YY—
'Tax
:Y
;
•
The outstanding securities of
$2.50).
$196,230,730
jl^Y.Y.
.
(par $100),
preferred stock
1941
$287,282,345
term
Short
•"
stock; 60,000 shares of serial
and 1,500,000 shares of common stock (par
Y •
•
,
%
Heyden and of Denhey were- converted
Inter securities of the company, as of March 31, 1943, as follows:
. /
East of the 19,400 shares of 4(4% cumulative preferred stock, series
A
(par $100), of Heyden then outstanding was converted into one
share of 4!4%< cumulative preference stock (par $100).
Each of the 150.000 shares of common stock
(par $10). of Heyden
then outstanding, except the 53,550 shares held by Denhey and the
18,24.1.2 shares held in the treasury of Heyden, was converted into
four shares of common stock
(par $2.50).
No common stock of the
company was issued in respect of common stock of Heyden owned by
cumulative preference
4V*%
of
shares
31
1942
•
■
Government securities:
S.
U.
'V".V'.'.YY'iYYY
Delivered
Product
of
Value
Dec.
Sheet,
Balance
Consolidated
techniques and production processes,
materials—all involving special
1943
Monday, April 12,
FINANCIAL CHRONICLE
THE COMMERCIAL &
1362
stock,
A
no
par
value,
with 50 cents per share
payable May 1
previously paid each quarter.—V. 157,
164.
(The) House of Westmore,
A
dividend
accumulations on
Inc.—Accrued Dividend—
cents per share has been declared on account of
the 6cumulative preferred stock, par $5, payable
of 7%
Volume
April
15
been
holders
to
made
of
as
Number 4167
157
each
Jan.
15,
of
record
THE COMMERCIAL & FINANCIAL CHRONICLE
March
31.
similar
A
distribution
has.
no
quarter since
and including April 1, 1941.
Arrearages
totaled 75 cents per share,—V. 157, p. 254.
1943,
Electric
Houston
Co.—Bonds
Called—
; There have been called for redemption
of
$113,500 of
at
104
and
1st
ref.
&
mtge.
of
as
bonds,
St/-
June
series
1,
1943,
45
will
1,
Period End. Feb. 28—
Co.,
Operating
!
Manufacturing
Idaho Power Co.-
revenues
___
Operating,
expenses
___
Other
res.
Net
oper,
$546,304
$6,891,305
159,888
Other
income
1,217,265
77,576
896,068
Gross
58,300
708,300
Gross
2,115,174
income
Interest
Net
:
:
299
5,752
5,489
$169,866
$137,615
$2,100,826
57,416
58,632
712,038
;
414,342
)); .$974,448,.
■
! James
had
157,
i
and
V.
Co.
Smelting Co., for
:
The
its
of
capacity."
Illinois
■
years
Zinc
The
in
Zinc. Co.
and
This
Co.'s
American
the
lease
to
April
on
its
157,
of
made
announced
2
Illinois
that
-V.v:;,,
leased
has
extensive
smelter
mining
Zinc
this
company
;
additions
treats
the
the
arid
chased
•■..V)'' v*
properties
Its
A
lessee
for a
increased
greatly
concentrates
coming
-
of
the
from
stock,
of
payable
20
cents
20
been
has
declared
957,045
$1,290,230
$1,141,873
356,532
of
bond
series.
157, p.
elected
been
of W, H.
week
168.—V.
Gas
ended
kwh.
production
ago.
Gas output
on
Taylor
%%
prices
of
to
fill
the
of said
at
warrants
30, 1944,
p. 642.
1947.—V. 157,
&
April
This
of
for
each,
and
were
21.
Total
of
Dec.
ID.
60
cents.—V.
155,
1513.
p.
29,
last,
paid.—v.-157,
share.«
paid
1941.—V.
Dec.
on
156,
April 10.
and
The directors
the
on
have
15.
made
on
1943.—V.
issue,
155,' p.
Kearney
Francis
the
last
this
at
one
rate
of
25
being
89. -,
tion
$36.14
share
per
the
on
last; $2
on
paid
312
April
This
with $1 per
compares
July
21
and
Trecker
has
been
appointed
of
record.
being
Federal
Other
1,"
Oct.
the
20,
Co.
elected:
was
and
E.
board
B,
and
.The
four
F.
in
Addicks.
A.
The
board
and
.
President
change
eventual
F.
Edwards.
Mr.
control,
it
Federal
New
Jersey
furnish
last
elected
Communications
Actual
Mr.
H.
Carter,
Addicks
Vice
as
stated,
was
J.
of
Net
Commission
by Bell
Net
Curtis
A.
Chairman
of
the
327,907
2.823,911
1,671,903
appro.,
62,500
62,500
750,000
766,667
574
571
6,865
marks
another
toward
step
that
companies
services
the
acquisition
the
in
was
must
public
-V.
$3,313,442
485
8
6,885
$229,104
$3,320,327
$3,272,497
132,008
138.458
1.726,401
1,666,952
:
,
income
157,
applic.
to
pref
stocks
for
the
1181.
Kobe, Inc.—Accrued Dividend of 30 Cents—
of record
April. 1
March
$1,693,926
period
990.825
157,
Period End. Feb. 28—
.
Federal
Other
Light
$910,744
expenses
paid
20.—V,
6%>. preferred
the
on
dividend J of 30 cents
a
156,
share
stock, par $20,
Net
and
no
directors
interim
an
value,
par
have
Interim
declared
dividend
of
both payable
distribution
of
10
extra
an
10
cents
1
June
cents
dividend
share on
per
holders
to
share
per
of
of
5
the
April
524,680
5,189,086
During 1942, the company paid interim dividends of 10
Feb;
June
2,
May 1, and
1
and
Oct.
extra of
an
1,
of
extras
15 cents
cents
5
Oct.
on
each
1.—V.
618,904
465,087
779,629
773,950
68,333
823,334
803,332
.
$145,504
cents" each
Feb.
on
2
$1,640,184
to pref.
stock
$2,719,256
—V;
157, p.
1084.
$2,153,855
■
$7,424,343
Cotton
of
Co.
New
Orleans,
Pa.,
bids
will
until
the
to
grant
an
employees/
47 V«
War
increase
The
of
hour
an
Union.
increases
such
;
such
company
ether
and
services.
sale
Power
CIO.
hour
to
to
its
established
also
Local
directed
31
who
period
403,608
351.
June
*
15,
1942,
wages
to
exceed
three
cotton
138,
textiles.
About
present
minimum
rate
represented
'"" '
by
time
80%
the
of
vast
___•
from
on
403,608
$3 is;
but
the
*
.
•
company
cents
per
hour."
of
1st
War
Time,
6%
mtge.
Broad
St:,
Net)
oper.
30,
of
1943,"
25-year
sinking
Gross
'.
$ 1,921,360
..Alex
Gibson,
Committee
for
and
from
quarter
July
1927,
to
and
4,894,332
1,
1930;.
Vice-President.. and
of Directors which
readjustment
no
elected
action
a
of
was
the
taken
director.—V.
Treasurer,
formed
was
in
announced
1941
company's capitalization
on
the plan.
R. Gould
156,
p.
to
that
formulate
has
been
Morehead
1,843,351
172,505
177,027
2,121,337
1,983.065
$690,832
$637,836
$6,200,749
$6,480,963
8,148
990
revenues__
etc.,
(net)
$698,980
,
85,790
$638,826
$6,286,539
A
2.802,235
$491,061
to
$3,484,304
May tag
Co.—50-Cent
directors
account
of
on
on
a
the
dividend
$3
Dividend—
of
50
cumulative
cents
per
preference
the
pref.) stock
for
957,534
$2,551,576
the
period
the
common
A
like
amount
follows:
as
Feb.
2,
168.
p.
Higher—
1943—3 Mos,—1942
expansion
heavy
move
a
demands
personnel
record
66.27%
company's
of
of
business,
the
Government
equipment
increase
an
represented
the
lines
freight
originated
7G.26%
revenue
of
for
war
$19,423,000,
S"1::
of
the
$12,362,000,
freight
derived.
was
50,465,593
for
of
increase
an
activity
traffic.
""
$125,699,000,
coal
of
of
and
volume
$139,600,000,
were
were
Bituminous
which
the
the
to
In
rapid
tonnage,
Mines located
tons
revenue
or
or
of
revenues
bitumi¬
due
to
the
of
10,
armed
$9,938,000. an Increase of $6,204,000, or
traffic generally and greatly/increased move¬
were
heavy
forces;) also
1942% .%.:%%
increased
or
27.60%
fares
passenger
effective
v'
were
$3,962,000,
increase
an
% .; ))%
.
totaled
expenses
larger
ex¬
18.26%,
due
to
larger volume of traffic, higher
fuel coal, and war-time diversion
price of
For
and points
rates
of
of
pay.
traffic out
in¬
of
example, a large tonnage of coal: destined to
along the Atlantic Coast to New England, which
for
other
service.
The handling
of coal from Roano'-e
to
Hagerstown requires three times as much motive power as the
handling
an equal
tonnage over the longer distance from Roanoke to Norfolk.
Ratio of
total operating expenses to total
operating revenues
54.57%•. compared with 52.95% in 1941.
The ratio of transportation
expenses to total operating revenues was 20.87%
compared with 20.50%
of
1183.
,
25
cents
Co.—25-Cent Dividend—
per
share has been declared
payable April 30 to holders of
disbursed on Jan. 30. last, and
company
.1.
W.
on
the
record
on
April
12.
31.
1942.
Oct.
A
common
like
prior
157,
amount
to
p.
which
347)
Secretary,
has
been
elected
a
director.—V,
155,
corporation
p.
April
15, it is
Corp.—Army-Navy "E" Award—
will
recede
fhe
Armv-W""y
announced.—V. *157,
p.
556.
"E"
production
$46,096,000,
award
an
increase
of
$13 957.000,
They amounted to: 33 cents per dollar of
operating rev¬
$2,113 for each employee, $33 for each share of common
stock,
210%- of net income after taxes)8% of
railway property investment.
All
als
Federal
for
the
taxes—$40,321.000—representing 87 47%'
year,
increased
$13,366,000.
revenues, but chiefly because
Accruals for Federal excess
profits
$23,265,000
$12,515,000.
at. the
90%
Railroad
amounted
Mullins Mfg.
The
on
were
larger
Vernon-Woodberry Mills, Inc.—New Director—
Easter,
accruals
enues,
:
paid 50 cents per share each quarter.—V.
tax
43.43%.
or
2282.
share
1941.
Railway
Morrell &
dividend of
Mount
•
stock,
on
20.
were
$4,972,657 $17,351,845 $13,873,012
I941%:^;
routes.
in
Accumulated
April 7 declared
accumulations
declared
April
year
formerly moved over our double-track main line to Norfolk and by
water beyond, was diverted to all-rail movement via the
heavy grade,
single-track line, Roanoke to Hagerstown, Md., account withdrawal of
$3,509,110
957,534
,
,
p.
'
The
year-and
normal
rate,
an
retirement
of
or
tax,
and
to $2,729,000, an increase
employment and payrolls.
of
in
included
increase
of all
49.58%.
increases
over
due
Federal
above,
the
tax
in
accru¬
part
tax
preceding
to
rates.
amounted
year
to
of
unemployment insurance taxes
$359,000, because of increases
State, county and
local taxes—$5,775 000—representing
12.53% of all
tax accruals for the year, increased
$591,000, or 11.40%.. due
prin¬
cipally to increased business and assessments,
Income balance, after deduction of the
.
on
been
record
1943—Month—1942
Year—The
revenues
Baltimore
2,966,621
•
stock,
plan*
dissolved,
1609.
has
of
Payments last
,
$6,475,731
235,602
'$403;424
207,919
the
been
holders
'
revenues
ovetv
$857,000,
or
Dr5,232
$2,526,770
•
^
deducs.)
applic,
(John)
•
a
has
share
per
to
for roadway maintenance incident to a heavier
volume of
larger depreciation accruals and increased wage rates.
%> Maintenance of equipment expenses were $27,965,000, an increase of
$5,267,000,
or
23.20%,
principally
for
locomotive
and
freight
car
repairs incident to heavier traffic, higher material costs,
larger de¬
preciation accruals, and increased wage rates.
:)
■■
?
Transportation expenses were $29,134,000, an increase of $4,498,000,
3,479,158
1,817,200
income
157,
was
including July
1
last.
penditures
159,898
a
1.
544,586
$2,003,121
traffic,
$1,823,930 $20,801,316 $19,629,591
461,248
5,767,698 /, 5,843,054
450,150
:
!
.
each
544,586
tion accruals, in expenditures for
property protection, and in operating
costs incident to war-time diversion of traffic
from normal routes.
Maintenance of way and structures
expenses
were
$13,984,000.
an
increase of $2,147,000. or 18.13%,
chiefly attributable to
Mos.—1942
1943—12
387,921
Balance
•
,%
since.-
period
$76,173,000, j an increase of $12,534,000,
19.70% ,
because of increases m volume of. business handled, in)
wage rates for all employees, in prices'of fuel and
supplies, in denrecta-
depl.
income
Dividends
of
made
were
Operating
in
none
the
colliers
Net
;
dividend of $1.75 per share on account
accumulations, on the 7%.; cumulative preferred stock,
par
$100%
payable July 1 to holders of record June 10. Similar distributions were,
for
or
fund
168,223
and
income
Interest
—V.
The directors have declared
cents
1,
the
the
creased
its output is for the armed
majority of its workers are-
Marion Steam Shovel Co.—Resumes Dividend—
15
May
for
166.12%,
Phil¬
April
•%•
.
stock
Mail, express and miscellaneous revenues
(& Subs.)—Earnings—
appro.
Other
is
pref.
996.
Passenger
/
107% $129,793
^439,649
Other.taxes
Prop": retire,
of'
the
2095.
p.
%%
taxes
res.
in applying the general increase
has granted since June 15, 1942,;
it
as
however, not
it
Noon,
1943—Month—1942
expenses
company
to credit itself,
in
$533,401
approximately 2,100
a
are
this
to
Co.
revenues
Federal
manufactures cotton bagging, blue denim, khaki cloth
At- the
Women—V.
March
on
workers,
retroactive
are
increases
allowances,
The
order
these
for
instructed by the Board
"with
Board
7M»' cents per
The1 Board's
cents
Textile'Workers
.
Labor
o'clock
12
Period End. Feb. 28—
*
The National
;
2,331,899
$2,547,707
Newberry Co.—March Sales 28.4%
Operating
Mining Co.—Tenders Sought—
for-the
% Montana
$5,489,419
Increased—
of
Feb.
P.
Freight
exceed 102 l/a and int.
Bonds accepted are
to-be surrendered for
redemption on or before Aug. 2, 1943.—V. 157, p.
995.
La.—Wages
2,281,541
$2,179,260
1273.
on
157,
ment
Operating
Mills
to
180,828
$261,860
$6,385,439
16.16%)
gold bonds at prices not to
'
180,005
facilities
918,856
$721,715
$69,759'
for
3,786
$202,035
__
reflected
)
918,469
— - - ---
1272.
Operating
Lane
deducs.
purposes
$1,452,257
75,808 !■/.<
80,903
$102,508
applic.
adelphia)
1 Lane Bryant, Inc.—March Sales Up
'26.3%—%■ :■%
Period End. Mar. 31—
1943—Month—1942 '1943—3 Mos.—1942 %
Sales
$4,909,606
,
nous, coal..
receive
on
$4,460,801
$382,040
transportation
924
'
% The Fidelity-Philadelphia Trust Co., trustee, 135 So.
and
$452,688
;
,
$1,634,674
Results
$1,451,333
634
%.)'.
$183,411
deducs..._ ;).(/•
$1,639,550
63
$145,567
31
income
Dividends
stock,
157,, p. 1084.
$4,448,364
12,437
$4,905,820
290
Period End. Mar. 31—
;
Feb.
An
$452,398
2,356
Norfolk & Western Ry.—Annual
Report—W. J, Jenks,
President, in report to stockholders, states:
5,311,008
81,359
-1-62,233
$183,380
revs.%
Monroe Coal
last.
$379,684
met)
cents; and May 1, Aug. 1 and Nov. 2, 20 cents each.—V. 157,
—V.
70,000
appro.
income
—l^lsT p.~
X,
2,878,995
2.802,838
payable
10.91%,
Net
op-
30.
Feb.
on
3,588,230
$8,804,710
75,291
income
Gross
share
per
common
record
made
was
cents
2,147,467
2,959,761
p.
paid
1943—12 Mos.—1942
961,
p.
2,847,508
245,896
249,515
Sales
$9,050,503
85.640
operating
Other
hold¬
to
326,274.
applic.
throughout
*.% ;•;%%
per
Lamaque Gold Mines, Ltd.—Extra Distribution—
The
15
.
res.
1943—12 Mos.—1942
$614,720
$$82,109
496,433
u**,-
taxes:
taxes'
Earnings—
294,500
dividend
was
Co.—Earnings-
1943—Month—3942
revenues
of
revenues,™
(J. J.)
&
"Chronicle"
249,242
etc.,
157,
A
990,825
,
the
New York Merchandise Co., Inc.—15-Cent Dividend—
.
1183.
p.
•
V
-V.
$1,605,545
$703,101
Operating
Operating
by the Bell
p.
403,240
income
stock,
$90,646
%' ;.
$2,139,296 $24,578,246 $22,782,744
865,213
10,734,383
10,047,624
Balance
$144,875
.
'
appro.
income
Dividends
1,090
$276,883
Net
$3,271,407
Mississippi Tower
the*
of
922,298
income
Interest
v
interest.
await purchase
$2,248,964
expenses.,.__
7,135
$229,096
,
year
a
'
Telegraph Co.—Rates—
Service Inc.
%U
revenues:
oper.
Gross
923,401
deducs.__
&
60,038,-
was
week
)/%%>%%. %%%
1943—Month—1942
xes
1,287,039
932,530
_______
output
an
taxes
ta
Other
2,774,098
78,931
67,963
$276,398
Interest. etc.,
ers
Other
$9,029,747
82,319
;:v;
1943,
reductions in
Federal
p.
)
Balance
company on April ! paid a dividend of 25 cents per share on
stock, par 85. to holders of record March 22.
Payments;
during 1942 totaled $1.50 per share, it was stated.—V. 157, p. 1271.
;..
accumulations
been
144,
Net
$9,498,651
157.
.
corresponding
paragraph of the item published in
1273, should have read as follows:
Operating
Operating
1943—12 Mos.—1942
209.572
common
account of
has
inv.
etc.,
Dividends
(Walter) Kidde & Co., Inc.—Pays 25-Cent Dividend—
on
Co.,
ago.—V.
...
similar services were made
by the American Tele¬
phone & Telegraph Co. during February.—V. 157,
p. 1273, 1183.
Light Co.—Earnings—
$766,968
income
Interest
board
telephone service in Philadelphia and
where Keystone and its subsidiary
follows recent
certification
by
the
and
consolidation of the
company
&
122,037
income
Gross
The
The
Lewis
production.—V.
above production
year
was
revenueslJ.
Prop, retire,
)
H.
$753,400
%V-
ltd.-term
oper.
Other
companies of the physical properties of the Keystone Co, and its sub-,
sldiafies, for which approval must be obtained from the Public Utility
•
John
charge of
a
cubic
page
Parallel
These
Telephone
E.
132,060,000
agreement with the Federal Communications Com¬
mission, a reduction in the overtime charges on all interstate
calls
where the station-to-station rate is 45
cents or more within the New
England area became effective March !.
The reduction changed the
overtime rate per minute from
approximately one-third of the initial
rate to one-fourth.
At the same time interstate
rates on private line
telephone, telegraph, radio and teletypewriter circuits were
reduced.
President.
Commissions of Pennsylvania and New Jersey.—V.
the
in
27,
the
over
England Telephone
April 5,
counties
service,
Keystone properties
Berry,
Edwards
elimination of duplicate
southern
companies-
L.
at
■.
March
an
:V As a result of
share paid
1942.
preceding week ended
increase of 5.91%
157, p. 1273.
.::.■)/% ■'
kwh.,
New Orleans Public
1943—Month—1942
-___;
*:%_%%!'
retire, res.
Amort,
2225.
new
&
taxes
taxes
.
Prop,
<
At a meeting of the board of directors of this
company, a
consisting of the following officials of the New Jersey Bell
partner
President;,in
Period End. Feb. 28—
are
p.
Jr.,
Minnesota Power
expenses
156,
reported
(the
Prop, retire, res.
/%,%%)•
Secretary.—V.
is
8.28%
week
Association—Output Up 9.48%—*
-
Operating
April
week
output
or
other
New
'
1941,
1938 when $2.25 per share
28,
'
revenues
on
2
electric
kwh.,
corresponding
was
ago.—V.
•.
McCliritock,
3008.
Keystone Telephone Co. of Phila.—New Directors, Etc.
•
T.
Operating
per
reports
909,907
the
,
For
per
com¬
Dec. 26,
1943
and
utilities)
and $39.94 if exercised
$1
28,
256.
p.
share
cents
Trecker Corp.—New Secretary—
&
J.
dividend
par $5, payable April 28 to holders
distributions of 10 cents per share
Quarterly
this
extra
an
stock,
common
April
declared
of
for
amount available for New
England Power Associa¬
reporting companies and secondary sales to other
60,567,878 as compared with 55,322,052 kwh. for the
week ended April 4, 1942, an increase of
9.48%.
pur¬
2308.
p.
on
elected ".Executive Vice
■I Kansas-Nebraska Natural Gas Co., Inc.—Extra Div;—-•
-
kwh.
•!<.:.%■
April 3,
the
Mineral Mining Corp.—New Executive Vice-President
'))%%',),'%%
.
Association—Output—
Association
increase
production in kilowatt hours, both generated and
purchased,
England Power Association and subsidiaries for the week ended
New
The
dividend of
a
April 24,
the first payments since Feb.
John
per
this
an
New England Power
dividend of $1.10 per share has been declared on account of accu¬
on the 8%.
cumul. preferred stock, par $50, payable April 20
were
Payments
31, June 30 and Sept. 30, 25 cents''
follows:" March
as
Electric
2,
is
10,988,777
the
the
payable June 15 to holders of record June 1.
$2.50
with
Jan.
on
Jan.
.
company on March 31 paid a dividend, of 30 cents
the 825 par common stock to holders of record March 25.
157, p. 732.
1273.
%%; ''%'%.. .'''%'%%
exercise
,
6 cents
*
an increase of 12,266,000 cubic
feet, or 10.24%
119,794,000 cubic feet in the corresponding week a
Philadelphia.—
which the warrants for
at
before April
or
value,
holders of record
on
April 30, 17 cents; and July 30. Oct. 31 and Dec,
157, p. 729.
The
on
shares
p.
(series, of 1937)
through
par
no
compares
$1
A
to
Corp.—Pays 30-Cent Dividend—
during 1942
2 cents
16 cents
Trust Fund
Period End. Feb. 28—
Kahler
10 cents
1
year
$785,341
%%,,:%■.
director
a
on
10 cents
series___i.._%:__.
of
Director—
made
11 cents
series
Mutual
be
10 cents
_
common stock
England
the
above
mulations
capital
Payments last
13.
V.
11,898,684
each.—Vi
cents
First
New
For
(I.) Miller & Sons Co., Inc.—$1.10 Dividend—
I
■
the
on
has
have declared
directors
stock,
and
•
April 30 to holders of record April
year were as follows-:
22,
share
per
the
before April 30,
This
20-Cent Dividend—
Pay
that
stock
common
hereafter
The
mon
the
1271.
p.
Investors—To
will
Series—
$2,098,918
Mercantile Stores Co., Inc.—$1 Common Dividend—
;
property, had an; option
property at any time for cash payment,
as
working capital.—V. 157,
dividend
947,518
$56,526
resignation
\%% %.;
.
if exercised
or
on
properties in New Mexico.
Co..
purchase
Incorporated
$2,237,748
79,645
Mead Corp.—Warrant Prices Adjusted—
announced
of
share
and that, company has exercised its
option effective March 30. 1943.
The Illinois Zinc Co., Mr,: Hill, added, has applied sufficient cash to
liquidate its term bank debt in full and the remainder has been added
to
On
Cyrus
Corp.—Dividends—
distributions
series
Low-priced
,...
succeed
31:
___
originally attached to certifi¬
cates for $5.50 cumulative preferred stock, series B, may be
exercised,
have been adjusted.
Common stock, without par value, may be pur¬
properties at Dumas, Tex., to
subsidiary of American Zinc, Lead &
a
Wood
E.
256.
p.
is
chase
Loans
smelting
Illinois,
cash consideration.
a
American
period
of
$136,171
Co.—New
Electric
Robert
(The)
-
transferred
Zinc
March
Securities
International
1272.
p.
caused by thp
vacancy
$735,604
;
Zinc Co.—Sale of Smelter—Pays Bank
A.'Hill, President,
sold
American
12,980
$933,698
McGraw
414,342
.
24,273
applic; to pref. stock for the period %j 356,532
General
$112,450
applic, to pref, stocks for the period
-
255
$109,463
following
feet,
$1,970,808
760,862
$1,209,946
Illinois
108
Balance
It
i
921,044
$2,085,938
$189,025 f„:
79,562
Research
&
the
record
of
•-
-V.
$1,388,788
157, p. 1271.
1,163,997
$2,213,475
-
that
Low-priced
$1,965,319
$78,983
Balance
:
—V.
$2,095,074
income-.—,-—
Dividends
78,646
$135,916
income
Net
: i.. 616,700'
$137,316
deducs.__
etc.,
108,000
__—
to
,
$188,917
deducs.__
etc.,
.
director
a
Preferred stock series...—,—
Income series—.;—..,
986,140
$169,351
%)_%%%
income
Interest
Bond
691,029
&
(net)
Securities
National
See also
,1,G87,196.
'
%%':% 515
tnet.i_.__
5,591,770
1.055.267
elected
p,
holders
to
On
$6,770,529
1,974,598
113,224
62,500
'<•'
5.443,850
Nye has been
1273.
157,
announced
15
-
appro.
revenues
482,989
138,600 .930,554
59,081
755.704
appro.
revenues
income
Dividends
,
is
$895,232 $10,507,580 $10,345,048
132,626
res.
oper,
Other
1943—12 Mos.—1942
72,790
.
retire,
It
%
•107,210
;
retire,
Net
162,362
taxes
taxes
Prop,
$574,213
Eaton.—V.
April
1943—12 Mos.—1942
482,039
taxes
Prop,
1943—Month- -1942
Operating
Federal
below.
-64,984
expenses
-Earnings—
Period End. Feb. 28—
:
Co.
$976,566
taxes
Federal
Other
Standard
—-
revenues
-Earnings-
1943—Month—1942
i
Operating
Hungrerford Corp., Big Flats, N. Y.- -New Name;'See
National Refining Co.—New Director—
Margaret Fretter
E.
National
Louisiana Power & Light Co.
1950,*
Trust
1363
com¬
paid on Feb. 1, last,
Payments last year were
2 and May 1, 75 cents each; and Aug. 1 and Nov.
2,
Arrearages after payment of the current declaration
$1,75 per share.—V. 157, p. 256.
to
amount
This
cents
Feb.
each.
cents
total
a
due June
A,
Payment will be made at the Old Colony
Milk St., Boston, Mass,—V, 157, p. 1082.
25
follows:
as
;%','■
int.
with
pares
25
v
value, payable May 1 to holders of record April 17,
par
adjustment
preferred
stock
;
a-
was
balance
This
was
$21,007,000, a decrease of $5,275,000,
equivalent to $14,93 ,per share of the
period End. Feb. 28—
*
Operating
revenues
Operating
expenses
___
the
for
Net
: >'
.
/.%'
post-war credit, estimated at $2,326,500, to
entitled for the year 1942, has been made either
reduction of railway tax accruals or credits to income.
j
which this company is
Contingencies—Company has established
for Taxes and
'Reserve Fund
and
the
Dec.
Since
has reduced its direct funded debt
of the total funded debt then outstanding.
1930.
31,
company
$60,630,000, or 54.14%
21.73%
To
of
not
is
1937,
appropriations from
which
to
end
of
outstanding
direct
the
'
'
made monthly.
amounted to $1,550,000.
between, representatives of the
Conferences
to
ings
dispute
on
If
1,
demands
be
would
should
.
Condensed
from
rev.
Total
oper.
taxes
Net
State
rental
Net
ry.
the
1,
May
paid
.
1939
41,996,740
18,167,944
Net
6,499.113
4.677.708
3,773,879
3,121,813
23,829.764
29.076,278
33.254.232
31.659.216
865,752
888,031
1,136,349
income,
34,142,263
29,942,030
24,662,001
_
revenues
expenses
—:
2,748,027
2,758,287
2,794,327
27,194,003
31,383,976
30,001,238
__
stock
901,329
i
21,097,245
913,380
Int.
1943—12 Mos.—1942
$6,958,539 $6,861,163
3,021,353
3,130.732
590,469
497,237
577,869
608,893
699,150 >. 809,900
54,729
;
57,908
58,333
'V:
4ii
:
-
$2,069,287
231,570
$181,689
$2,300,857
Dr41
1,637
income
—
$181,648
$2,302,494
1,317,270
$2,040,703
' 1,340,055
$985,224
$700,648
458,478
458,478
109,772
104,124
deducts.-
etc.,
;
$71,876
applic. to-pref. stocks for the period
income
$106,163
_________
company
taxes
tax
1185.
*
*
Panhandle Eastern Pipe Line
debt
.y ,vy-
of
charge of all operations to succeed J. D.
Vice President of the Phillips Company,
1941
and natural gasoline
named President in
Hy Bvrd, formerly.
has been elected Vice Presi¬
dividend
A
of 30 cents per
share has been
31,
Jan.
made:
157,
and April 30, July
40 cents;
p.
644.
yfy;,y,y,.yy:;yy;
Co., Memphis,
Peabody Hotel
SCommon
Penney
565
4.113,503
___
^;:-,j'-501,384
phvsical
Investments in
Other-
affiliated
companies
8.438.348
10.581.072
40.225.906
38,741,715
Rqcerve fund for taxes and contingencies____^„
Cqrrent assets
Deferred
9.699,940
10.415.603
investments.
36,595,490
194.602
102,697
5,269,020
^Unadjusted debits
1,249,718
preferred
($100
Total,
639,999,330 604,994,869
jtilabilities—
Capital stock
163,097.800
Gqvernmenta 1
grants
539.455-
Do^g-term debt
51.446,532
Current
48,829.774
34.581.039
31,886
165,471
99.477.P37
85.1.90.070
P6.605.548
96.015.341
liabilities
Deferred
liabilities.___-^.____
Uiiaajusted credits
Appropriated surplus
_____
:
Total
—V,
639,999,330 604,994,869
157,
p.
1274.
F'ectric
output
enwed
.»3,7a->.00O
k-wh.
12.8%.—V.
'
thp
3,
1943,
for
157,
p.
Nu-Enamel
.The
nf
April
the
Northern
States
totaled
Power
38,122.000
corresponding
week
last
la"t.
of
record
June
a
dividend
15.
Like
and on Feb. 28. June 30.
Sent.
The
cents,
current
or
a
distribution
total
proximately 2(4
year,
an
the
for
compared
with
increase
of
Corp.—7^2-Cent Dividend—
directors-declared
holders
system
as
1274.
of
Vk
l^lie outstanding 325.000 shares of capital stock,
to
Co.
kwh..
of
75
is
cents
years.—V,
the
ner
157,
amounts
30
and
10th
share
p.
348.
cents
per
share
on
par $1. oavable June 30
paid on March 31,
were
Dec.
31,
y'
i
coke
yv-yy'■ 'r--Lxy
consecuti"e
paid by
the
dividend
of
7(4-
company
in
ap¬
826, 156.^
2,706. 959
44,735
liabilities.
51, 725
1,136,104
:
1941
8,380, 000.
3,274, 121
3,106,605
1.454,868
12,151,439,
,7,576,794
Federal
plant
fllncludcs
and State
income
construction.—V.
157,
p.
898,,782
5,913, 004.
$58,436,477 $56,892,364
$2,502,333
taxes.
1,600, 968
12,607, 159
in
1942
tHeld
»
478. :
^Represented
and $2;l65,-
under agreement
'
.
,
Co. of New Hampshire—Bonds Called
1 Public Service
payments were,
31 and Oct. 31, 30 cents
..for .Redemption—
%y.y'\;''
y,:,yy-;:yV.''.'
y
redemption as of May 3, 1943 at. 104
and int. all of the outstanding 1st-mtge. .3%%
bonds, series C, due
Aug. 1, 1960, the 1st mtge. 3%% bonds, series D, due Nov.' 1, 1960,
the 1st mtge. 3Va% bonds,,series E, due Aug. 1, 1961, and the 1st mtge.
3 (4 % bonds, series F, due Dec. 1, 1966.
The above mentioned bonds
may be presented at the Old Colony Trust Co., trustee, 45 Milk St.,
Boston, Mass., for immediate redemption and payment at the full
redemption price, including accrued interest to May 3, 1943.—V. 157, p.
The
Tenn.—Bonds Called—
1275.
company
has called
for
;yy'y'yy..
yy.yyy(,yy.yy ;■>%.
:?;,y.-
Light Co.—$52,000,000 Bonds
noted in our issue of April 5 a banking
Sound
Puget
Offered—As
Power
Brothers
Lehman
have declared a
J.
Bowman,
Ry.—Orders Locomotives—
including 137 investment firms and.dealers
Dated
has
an
Petroleum Corp. of
America—Asset .Value—
/
value per share of 1,856,000 shares of capital stock of
outstanding at March 31, 1943 was $8.99, the company
reports.
Net asset value per share outstanding at Dec. 31, 1942 was
$7.12.
Comparable net asset value per share outstanding at March 31,
banks
asset
was
$5.38.—V.
157, p.
annual
as
Report—
$2,488,074 after all
These earnings were
report shows net profit for 1942 of
compared
with
$3,169,597 in
1941.
equivalent to $3.19 a share on 508,917 shares of common
deduction
of-preferred dividends accrued for-the period
.
stock after
and com¬
1941. To what extent, if any,
renegotiation of contracts with
the government, is not determinable at this time.
There was set aside during the year as a reserve for depreciation,
depletion and amortization an amount of $2,389,119 comparable with
$1,679,822 in 1941.
Included in the provision for these reserves in
1942
was
$661,007 for amort'zation of emergency facilities which,
because of the'r necessity to the war program, are- being amortized
with
pares
the
over
1942
a
60
month period.
due Dec.
1942;
1,
Principal and interest
1972.
IJ-D)
of trust companies, measured by de-.'
not exceeding 6% of interest, refundable.
departments
savings
will be issued pursuant to the company's,
mortgage to Old Colony Trust Co., as trustee, dated as of June 2, 1924,
as heretofore supplemented and modified and
as to be further supple-*
mented and modified by a 25th supplemental indenture to be dated, as
of Dec. 1,
1942 (Seattle-First National Bank, of Seattle. Washington,
will be appointed co-trustee under the mortgage!, and will be secured.
together with any additional bonds of the same or subsequent series
hereafter
issued,
by a direct first lien on substantially all physical
properties and franchises owned by the company and used by or useful
to,.ihe. company in the conduct of its electric, steam and gas utility
new
bonds
by pledge of the capital stocks of North Coast Trans-)
Rortation Co. and of Diamond Ice & Storage Co., subject to certainr
permitted encumbrances, etc.. mentioned in the mortgage.
The after-?
acquired property clause will'cover the company's interest in after-;
operations and
acquired
electric,
gas
and
steam
heat
and
certain
other
properties.
After-acquired property may be subject to certain liens existing thereon?
at
.
-
to $7,263,823 as compared
equal to $807.09 per em¬
$14.27 per share of common stock and $9.37-per ton of prod¬
shipped in 1942.
.<■
■
- .
.
remarks to stockholders Henry A. Roemer, chairman, and Joseph
ploye,
In
common share in
will be affected by
state, and local taxes amounted
$4,946,014 in. 1941.. These , taxes are
Federal,
ucts
$4.53 a
earnings
and
Security—The
820.
Pittsburgh Steel Co.—Annual
1,
posits invested in said bonds)
corporation
1942
Dec.
on
payable at corporate trust office of Old Colony Trust Co., Boston, Mass.,
and at principal office of Seattle-First National Bank, Seattle, Wash.,,
or at option of bearer of coupons,
interest also will be paid at the officeor
agency of the company
in New York and Chicago.
Issuable as
coupon bonds in denomination of $1,009, registerable as to principal'
only.
Pennsylvania personal property tax not exceeding five mills, ori
Massachusetts taxes based on or measured by income (or, as to savings
order with the Lima Locomotive Works of Lima, Ohio, for
12
new
heavy freight locomotives, at a base price of $172,000 each.
Delivery is scheduled for January, 1944.—V. 157, p. 1274.
Net
throughout,
April 2 offered atrlOl1/^ a new issue
of $52,000,000 first mortgage 4lk%, series due Dec. 1,
1972.
Further information regarding the issue follows*;
the country,
/
President, on April 5 announced that the road
&
Stone &- Webster- and Blodget, Inc.,:
and Halsey, Stuart & Co. Inc., and
headed by
group
Co.—Distribution of 50 Cents—
Pere Marquette
R.
with
1942.
f 4,862, 190 '
V " 779,439
_
for
dividend of 50 cents per share on the
common stock, payable April 20 to holders of record April 10.
Distribu¬
tions last year were as follows: May 15, Aug. 6 and Oct. 15, 50 cents
each; and Dec. 18, 75 'cents.—V. .157, p.> 349. ;.;y':VV;y'''yy>'?;^.y :y?yW:The directors
The
yNorthern States Power Co. (Del.)—Weekly Output—
•
4,862,190.
(trade;
surplus
in
997.
Pepsi-Cola
charges
wepk
2,242, 200
2,876,419
shares,
•-
1,102,900
—_2—
par
•
9,218,200
pari_„
taxes
no
..
$5;450. 200
8.078. 900
8,220,864
current
437,192
'■ ('•„ < V.' 4 j-,,
$5,905,920-
interest
535
180,049.988 173.726,660
Profit and loss balance
;.ij
"After depreciation and depletion.?.tAfter amortization.
Co.—March Sales—
163.330.300
540,867
51.365 532
.
^
payable
296,-146>
65.757,
$58,436,477 $56,892,364
-
Total
1943—Month—1942
1943—3 Mos—1942
__4—$35,516,976 $32,348,438 $98,134,625 $88,362,174
placed
.
_y_.
Reserves
20,040.000
assets
i
i«";:
'
Miscellaneous
_'_y
_
_
payrolls
508,917
<
Period End. Mar. 31—
2,900.010
property sold—
______
»_w'v 4,188.142
property_________
of mortgaged
2,843,650
458,471
349,396
licenses^——^y 56,064
Capital surplus paid in__y__
similar amount
42,124
6.271,137
12,477,736,:
and sundry secur.ties_-
rec,
stock
JIAccrued
Earned
2,367,007
62,124
6,506,511
debt
Accrued
collateral trust 5% -bonds, dated
May 1, 1934, of $1,000 each, have been called for redemption as of
May 1,
1943, at par and interest.
Payment will be made at the
National Bank of Commerce, trustee, Memphis, Tenn.—V. 156, p. 1612.
C.)
_
B
Accounts
Other
4,678,993
deposit
class
Funded
declared on the common
1941
4,583,654
charges
10-year second mortgage and
(J.
r'
12,208,698
and
7%
31
1942
; $29,077,680 $27,412,619
Liabilities— '
30-Cent Dividend—
stock, payable April 30 to holders of record April 14, a
was
disbursed on Jan. 30, last.
In 1942, the following
Dec.
S.'/a f/a. prior preferred ($100 par)^_^_.__i
5% class A preferred ($100 pari—
Co.,
Parke, Davis & Co.—To Pay
Sheet,
securities
Total' y
Cleveland—$1,000,000 Loan—
The Mutual Life Insurance Co. of New York has granted
to the company a $1,000,000 10-year first (closed) mort¬
gage loan with sinking fund sufficient to retire the loan
by maturity.
The Parker company is engaged in war
production work related to the aircraft industry.—V.
157, p. 169..;'y':;y
I;yy*''yy y,:
Appliance
Balance
advances
and
Deferred
Creveling.
'
$3.19-in 1942, $20.10 in 1941
^
deposit in banksAA—;
with trustees—' .
on
on
Accrued
Parker
were
;
1
Long-term accounts
Company.
New directors are: K. S. Adams, Edward Buddrus, J. E. Bierwirth,.
R. J. Buckley,
Don Emery, H. E. Howard, Judge Ira L. Letts, F. J.
Lewis and William G. Maguire.—V, 157, p. 1274.
y,?,-;
—V. 157, p.
3.099.394
Deposvts in lieu
'r
$525,000.
4.632,497
fCash
of the Panhandle Eastern
Treasurer
and
dent
of
$564,870
$1,556,000
$3,169,598
share
y ■" t' '■"
0}
'2,050,000
.
retirement
per common
'
153,500
488,300
-"x;
*4,725,000
$2,488,074
for
1,950
y
"
1.575,000
Inventories
Executive Manager of the natural gas
the Phillips Petroleum Co., has been
as
division
26,i2o
'
y.y"
,
Accounts and notes receivable—
Co.—New President, Etc.?
354,381
______
account
Marketable
-
1,362,036
...
56,383
25,927
^-y1'-yyJ'/"'
1,125,000
—
tPatents
resign
287,848
Cash
and its former
157, p.
1
excess
$10.06' in 1940.
Assets—
$2,462,857
1,413,471
358,748
1,679,822
'f
State
_________
credit
"Property
$2,269,589
193,268
$3,842,446
$8,818,650.
;- ?'
\
'
etc.__
Note—Earnings
and
$3,552,957
289,489
$8,441,236
,377,415 -;,
,
1,188,096
_______
profit
"After
.
securi¬
&
for Federal
Net
William G. Maguire, President of the Missouri-Kansas Pipe Line Co.,;
has been elected Chairman of the board and Chief Executive Officer
of Panhandle Eastern Pipe Line Co., and Edward Buddrus, who will
529.420.599 519.711.874
funds
Fed.
1939
1940
:ry'-j;
&
coal
market,
profits
;y:-
S
.
reduce
•C
.
.
372,352
..
_________
to
for
Prov.
y
Sales
1942
V-,
eouipment property
and
of
*-
$34,798,430 $28,570,638
29,200,806
24,268,190
>'
1 v.r'1'—" • ■:;V:'
2,518,190
2,044,667
2.032,859
v '
2,389,120
___
120,707
to
ties
Prov.
Drl,130
(net)—„
•,
depl.
disc.
sale
on
Prov.
$2,041,833
$162,541
$190,693
19,397
bond
Years"%'V.
Calendar
50,494,560
chgs. $12,408,350
expense
properties
$1,814,209
227,624
$210,287
-
19,148
197
plant
other
deprec.,
of
and
Loss
624,335
bonds, notes, etc.
on
Cash
;?
-Assets—
bef.
1941-
i
$11,784,015
amortization
Amort,
192
$210,090
revenues__
date.—V.
that
21,097,245
Sheet Dec. 31
-U'i—.i
for
and
J,
V
:;;oV72,377
50,826
Prov.
-
$526,746
$242,170
1942, consolidated operations
wholly-owned subsidiary, Inland Power
Light Company, whose net assets and business were acquired as of
913.720
21,097,245
9U.855
—14.064,830
<4%»
dividends
Condensed General Balance
Sinking
69,660
,
income
Fifty
2,753,237
21,908.765
!
Road
'
1942
income
Prof.
■•»
for
$70,995,700 $61,453,985
—„
sales—; 56,683,178
of
Balance
adjustment
on
"'preferred
,
,
Statement
1943—Month—1942
$610,627
$588,890
241,115 •
241,335
taxes
taxes.,
the
32.795,565
and
deductions
Common
v:.%',,,? :
/ '•) '
.'.J
■
sales
Other
26, 1942.—V.
Co.—Earnings—
•
Account
Income
Selling and administra- ;.
itive expense '
,2,528,508
all
income
Jjiys.
Net
^Including for periods prior to April 30,
13,459,336
bonds
on
1942, and $1.50 on Jan.
2,
1 and Nov.
outstanding."
carrying out its policy of improvement, over the past six years;
the company nas expended for new equipment and plant additions an
amount in' excess of $15,500,000 substantially all of which has been
designed to produce the normal peacetime products of the company.
These improvements in plant and personnel should place the company1
in a strong position
to meet the problems ofr. the future."
.•
Cost
Balance
of
___—832,237
sources
'
declared a quarterly dividend of $1 per
the usual quarterly dividend of $1.50
3
to $8.25 for each share of the class B
is equal
now
v
stock and
"■^
oper.
action
Consolidated
32,139,362
Gross income from
miscell.
Dividend—
;
total
Consolidated
April
on
common
Aug.
.each.—v.
Int.
Pec: 21, 75
share on the 2nd preferred stock, both payable May 1 to holders
of record April 21.
A quarterly distribution of $1.25 per share was
made on the common stock on Jan. 25, last, compared with $1 each
Dividends
46.096,494
oper.
such
5Viti
prior preferred stock, first series,
by the holders of class B 7% preferred stock
amount of such dividends now available as
received
The
"In
1315.
per
equipment
income
result of
by
______
of
directors
The
share on
Net
on
47,648,297
56.537,932
cents per share on
Payments last year
1, 25 cents each; and
end Oct.
April 1
p
be
-
Interest
93 115.128
51,118,383
63,427,145
unless it is further extended by . the
./'••
1943,
.
7%: preferred stock
.
.
would
exchange.
on
local
and
_____
155,
Outlet Co., Providence, R. I.—$1
!
Gross
been
120.176.914 105.228.621
63,638,982
57,580.323
76.173,018
oper.—
! and joint facilities. Cr
Other
cents.—V.
Other
'
$
•
139.600.164
expenses
on April 1 paid a dividend of 40
stock to holders of record March 20.
follows:
as
were
&
..
1940
1941
$
oper.__
from
reV.
Federal,
'•
•
that
•
company
common
i Operating income
Account
Income
1942
'
432,979
annual
granted in full, the company's
by approximately $12,500,000.
increased
■
Total
The
the
Net
To
began
be
Calendar Years-
Net
employees
non-cperating
the
.
~~"
~~~
Rent from lease of
1943.
both
payroll
affecting
April 30,
on
directors..
income
appointed by the National Railway Labor Panel to conduct hearings and
to make recommendations to the President of the United States.
Hear¬
March
$171,712
retire, res. appro.
Amort, of ltd,-term inv.
railroads and both groups
Emergency boards have
agreement.
basis of
any
334,199
Prop,
and subsequent handling by the National Mediation Board,
reach
334,223
of
increase
wage
of employees,
failed
■
Other
1942, non-operating employees of railroads
20 cents per hour, with a minimum of
70 cents per hour* and a union shop.
This v/as followed in January, .
1943, by demands of the operating employees for an increase of 30%
in their wages, with a minimum increase of $3 per day. ■ Both demands
are
in addition to the wage increases granted in 1941 as a result of
mediation before an emergency fact-finding board.
a
^stocks for the period
...
■V; Oil Gear Co.—Pays 40-Cent Dividend—
Federal
Wage Demands—In Sept.,
demanded
of
Investments
earnings are
appropriations had
year
terminate
the year, dividends amounting to $13.75 per share were
paid on the prior preferred stock, first series, 5Vs %,
In.' the case of
all dividends declared, the directors took appropriate action to make
$505,911
—Val157,6 p." 118 4~
for retirement of the company's remaining funded debt
callable, a sinking fund was established in November,:
provide
which
the
its
will
board
$938,990
$684,665
Period End. Feb. 28—
or
by
1,660
,
92,182 shares of class B
end of the year, holders of
preferred stock had exchanged their stock on the aforementioned
and there were outstanding only 11,029 shares of such.stock
that had not been exchanged.
The privilege of making such exchange
$937,330
3,857
.
preferred stockholders on August 12, 1941,
from'time to time, was continued through
7%
class B
been,, extended
At the
basis,
a
by
%"
the public was $45,279,500,
stock and bond capitalization.
held
debt
funded
direct
such
has
year.
7%
24
,
$61,324
•
■
$69,087
applic. to pref.
Operating
Operating
includes, by direction of Bureau
of Accounts of Interstate Commerce Commission, $6,086,032, composed
of $5,461,000 of bonds issued by the City of Norfolk, Va., to provide
funds for the purchase of land and construction of municipal terminals,
and a sinking fund of $625,032 accumulated by the city prior to lease
of the property to this- company.
The bonds were not assumed by, the
company nor are they a lien upon the terminals, which will become
the property of the company in 1952..'
; •.
The
300.000
;
18
$1,116,491
431,826
*Income
total funded debt of $51,365,532
The
the
$97,368
36,044
35,293
-
Pacific Power & Light
debt.
funded
•
such dividends available to the
Dividends
was
year
138
$104,380
——
deducts..
etc.,
157, P; 45.
$51,365,532. a decrease of $81,000, and represented
23.95 Vt. of the outstanding stock and bond capitalization.
The decrease
in funded debt held by the public was due to purchases during the
year of
$38,000 of the company's first consolidated mortgage bonds
and of $43,000 of underlying first mortgage bonds of Scioto Valley &
New
England RR.
for sinking fund
established for retirement of
of
to
which
609,953
1
$1,112,634
$97,230
200
by the public at the close
funded debt held
total
Debt—The
Funded
25,000
<
$104,180'
income
Net
notes.
Treasury
made
280,867
$350,442
Interest
on
contingencies.
On Dec.
31, 1942, this fund aggregated. $40,226,000. an increase of
$20,186,000 over the previous year, and is invested in U. S. tax savings
and to provide for future
taxes,
to meet
fund
reserve
:
;
(net
income
Gross
.
a
555,079
•••300,000
.
"During
Road Property—Prior to an order of the
ICC, dated Jan. 19, 1942, requiring that depreciation accounting for
road property, if practiced at all after Jan. 1, 1942, must include all
property of a given class or group, this company accrued depreciation
only on certain selected units of road property.
A later order ot" the j
Commission, dated June 8, 1942, made depreciation accounting manda¬
tory for certain groups of road property commencing Jan. 1,
3 943
Company tnereupon adopted depreciation accounting for such groups
beginning Jan. 1, 1942.
•
,
•
•
:
" ."
Federal Excess Profits Tax—Post-War Credit—Under the provisions
of
the Revenue Act of 1942 this company
is entitled to a post-war
credit of 10%■ of its Federal excess profits tax paid for 1942.
Com¬
pany
will receive U. S. Government bonds in -the amount of this
credit.
These bonds will bear no interest and cannot be negotiated,
assigned or pledged until cessation of hostilities.
Bonds to be received
for the 1942 credit mature Dec. 31.of the second calendar,.year ^begin¬
in
57,033
V
25,000
revenues.
oper.
income
Depreciation Accounting for
ning after the war ends;
No adjustment for the
51,110
and
2,658,521
'
of ltd.-term inv.
Other
and vacations with pay to employees, granted
in
1941
as
a
result of mediation before an emergency fact-finding
board, which added $6,400,000 to the company's payroll costs in 1942.
'363,156
"
62,264' "
appro.
res.
2,835,847
41,096
president, said:v•r
""!> V
privilege of exchanging each share, of ..class B 7%, preferred,
share of prior preferred stock, first series, bV»%
one
share of class A 5% preferred stock pursuant to the offer
Carter,
."The
stock for. 4/10ths of a
$4,786,695
$5,166,734
218,020
256,339
—_—
retire,
Prop,
Amort,
higher wage rates
to meet
taxes
taxes''——,—!,-,—
Other
authorized to provide revenue
The increases were
1942.
year
Federal
$438,379
$498,893
—
increases in passenger fares and freight
rates, which became effective, by order of the Interstate Commerce
Commission, on Feb. 10 and March 18, 1942, respectively, are now under
attack by several Federal and State agencies, and their cancellation is
being sought.
The railroads are defending the continuance of the
increases, which added $3,750,000 to this company's gross revenues
•
1943—12 Mos.—1942
1943—Month—1942
outstanding common stock.
Transportation Rates—The
,H.
Electric Co.—Earnings-
Northwestern
<
20.07%.
or
net income,
from
dividends
Monday, April 12, 1943
CHRONICLE'
THE COMMERCIAL & FINANCIAL
1364
J'
i*i
.
->
the time of acquisition.
Additional Issue and Substitution Provisions—The mortgage will per-^
mit
the
issuance
of
additional
bonds of
the
(ranking pari passu with the new bonds)
to
same, or
an
subsequent scries*
unlimited amount
il>
additional property,, to not more than 60>%- of the amount
thereof,, acquired after Sept. 30, 1942, and aennired-within five years
against
prior to any application for the issuance of additional bonds or which
*
Volume 157 '"Number 4167
became
first
for
the
issue
of
additional
bonds
within
two
tThere
prior to such application, (2) for refunding bonds of the 1972
or of any subsequent series or debt secured
by underlying mort¬
hereafter established as refundable, or (3) upon deposit of cash
years
series
gages
in
available
THE COMMERCIAL
erty bonded under
exceed
not
company
10%
otherwise
total
subject to
amount
of
the
such
prior liens
property
owned
plan,
by
and
otherwise
months
out
of
defined
as
the
in
the
mortgage)
immediately preceding
for
12
at
indebtedness
secured
by»•'underlying
'•//' "/■
;
release,
J
electricity purchased for resale)
from
Any
amount
the
Sinking
bonds
trustees,
1,
1972
bonds
may offer
fund
in
issued
bonds of the
competition
Additional
with
1972
Series
to
as
of
representing
the
proceeds of mortgaged property condemned
by or sold to the United
States of America and/or and state
and/or any agency, instrumentality
or authority of either thereof
and/Or any corporation which is owned
or
controlled directly or
indirectly by the United States of America
and/or by any state and/or by any agency,
instrumentality or authority
of either or both thereof,
and/or any municipal corporation, in each
case
where the gross award or consideration for
said taking or sale
shall exceed $250,000,
(a)
may be
withdrawn, to the extent of not
exceeding 25% of such proceeds, by the company to reimburse
the
company
for
the estimated
cost
of
additions, substitutions
alterations
the
to
the
company's
and
severance
the company
$6,000,000 of
as
for
result
a
such
aforesaid shall
and/or
remaining properties made necessary by
taxes incurred by or
imposed upon
estimated
of
the
proceeds
condemnation
in
of
excess
or
the
sale;
amount
(b)
the
first
withdrawn as
be
applied to the purchase at not exceeding the
sinking
fund redemption price or to
redemption at such price of issued bonds
of the 1972
Series; (c) thereafter amounts not in excess of the next
$3,250,000 may be released from the
mortgage and applied to the pay¬
ment of.note's to banks, but
only to an extent which would be sufficient
to
reduce the principal amount of
such
notes
to. banks thereafter
maturing, to one-half the original principal amount
thereof; and <d)
cash in excess of that
applied as provided in (a), (b), and (c) aforesaid
Is to be applied to the
purchase or redemption of issued bonds of the
1972
Series
at
not
exceeding the sinking fund redemption price.
tions
sales of
or
the
bonds at the
new
special sinking fund redemption price which
prior
to Dec. 1, 1961 would be lower than the
redemption price at the option
of -the
the
company,
the
at
the
-/V//'
company.
new bands
The
as
also
will
whole
a
'y^y/... / /■v'yyyyyy/,
:-•/■/
subject to redemption at the option of
be
at
*//-,
time, or in part from time to time,
the principal amounts thereof during
any
following percentages of
period beginning Dec, l of each
12
months'
Beginning
.,-•/•
...r,-/
1942—
Beginning
% yyVyy Dec.
108%
1952
1943
108%
Dec. 1
:
.
Dec. 1
106(4
without
108%
".J/-.-
1956—
—
The
105%
1967——
1958—
104 7/a
1968
104%
1969—
101%
1970.—
100
M971——
100
L.
'107%
for
104%
107%
y
any
redemption,
—
with interest
case
104
accrued
■
thereon
to
101%
101%
-
date
fixed
upon at least 30 days'
notice given as provided in the
V"-v
y/y ?v,ynew bonds,
expenses), together with
the proceeds of the loans
aggregating $6,500,000 represented by notes
to banks, sinking fund cash in the hands of
Old Colony Trust Co.,
mortgage.
'
•
Purpose of Issue—The net proceeds from the sale of the
estimated at $52,770,366 (after deduction of
trustee,
and
the
of
to
company
the
extent
necessary,
are
to
(1)
Redemption of the old bonds, series A, in the principal
amount of $36,039,500 at 101%% on June
1, 1943— $36,580,093
Redemption of the old bonds, series C, in the principal
amount of $8,850,000 at
101%% on or about May 6,
(2)
be
funds
general
used
1943
(3)
for:
v;/y/y'y'//
—
/'
/V--
■
Interest
on
all
of
the
old
bonds
to
dates
of
charged against income through accrued interest
on
the
9,004,875
———
Redemption of the old bonds, series D, in the principal
amount of $13,995,000 at 101% on June
2, 1943
14,134,950
redemption
will
be
and interest
new bonds from date of sale to dates of
redemption of all of
old bonds will be
charged to unamortized debt discount and expense
and prorated over the life of the new
bonds, all to be paid
of the general funds of the
company.,
the
account
out
Capitalization
at
as
Sept. 30, 1942
(Upon
Completion of Present
payable to bank,
*$52,000,000
$6,500,000
$6,500,000
_——
Notes
Outstanding
Unlimited
due 1942-1944
None
173,251
Shares
Prior
preference
Preferred
Common
stock,
stock
stock,
$6
(no
$5 cumul.
cumul.
par)
(no
(no
par)
500,000
Charter
Recapitalization
stock
Engineers)
''
and
M'%%
(new
common)
—_
series
due Dec. 1,
(par
—
1972
(all
;
(new bonds).
§263,995
$$l,318,388
137.500 shs.
__
$50)
...
I
Outstanding Under
Plan
preference, $5 cumulative (no par)
Common
+110.000
2,000,000
—
•^Capital Stock to Be Authorized by
Prior
110.000
par)
Shares
owned
—
'
by
old
The
binding
shares
of
it
old
of
new
without
common
become
new
common
exchange of certificates.
of
the
on
the
was
of
recapitalization
plan
and
provisions
the
authorization
/
/./.-y. :'•••'
recapitalization
the holders of
upon
Due
of
all
shall
shares
have
of
..r
plan
each
•.-.//
shall
class
of
such
sold
become
stock.
(5)
the
The
arrears
amount
of
{Concurrently
be
to
-
been
per
1943;
on
1
March
on
thereafter
to
March
1,
follows:
as
1944;
1,
the
have
been
reduced
for
heating
in
gas
and
in the Seattle
Wenatchee,
Island/
and
the.
*
M
,
"<<
*
business
Washington.
.
'
■
,
.
Delivery Co. which sells ice at retail in Seattle.
/
Condemnation Proceedings by Public Utility. Districts
;-
the State of Washington, 10
county-wide public utility districts have brought proceedings
for.the condemnation of properties of the company.
Generally speak¬
ing, each such proceeding contemplates the acquisition of the electric
distribution properties and business oi the
company within the boun¬
the
of
the
respective district,
any of the company's
but does not contemplate the acqui¬
sition of
major power plants or transmission
facilities.
Actions brought by four of the. districts
(Whatcom, Thurs¬
ton, Lewis and Cowlitz) have proceeded to trial, resulting in
jury
awards and judgments thereon which have become
final.
The pro¬
ceeding brought by the Snohomish County District has proceeded to
trial and resulted in a jury award but no
judgment has yet been
entered.
Under the Washington law a condemnation award
is not
binding on a district unless accepted by such district, but the district
,
reasonable
a
to' accept
after
to
obtain
advised
award
the
reject the award.
or
move
has
or
time
None
within
of
such
which
to
districts
elect
has
whether
made
any
possession of any properties under the awards,
awards.
rights to
the
on
by
condemnation
a
award at
the
award
rate of
the
company
acquire
the
is entitled to
property
interest
6%
per annum (except as the running of
suspended, during the delay of entry of final judgment
pendency of an appeal taken in the proceeding, by- the
provisions of a bill passed by the State Legislature which was
signed
by the Governor ,on Feb/ 25, 1943), and to retain the
earnings from
the property up to the time of
payment of the award, but the district
is entitled to acquire, without additional
cost, all of the additions and
such
interest be
solely
by
the
betterments to the condemned
propery
tive No.
12 contains a provision
such
interest
during the same period.
Initia¬
which, if held valid (and excepr, as
be
suspended
because
of
the
pendency of an appeal as
above-mentioned), would change the law respecting interest on awards
so
that in any condemnation
proceeding brought by a public utility
district
erties
or
a
the
municipal corporation for the
condemnee
will
acquisition of
utility
prop¬
receive
interest on the. award at the
legal
from the date of entry to the date of
pay¬
ment
thereof, plus amounts expended for reasonable additions and
betterments to and extensions of the condemned
property, from which
there will be deducted the amount of net
earnings, before allowance
for depreciation, derived from such
properties between such dates.
(now 6%
Two
of
per annum)
such
condemnation
proceedings (Chelan and Douglas) have
been dismissed without prejudice, however, to the
institution of further
proceedings, leaving three thereof (Kitsap, Clallam and
Jefferson)
which are pending but have not
yet come to trial.
titles
and
substance
of
the
claims
involved
in
said
follow:
was
Utility
commenced
District
No.
1
proceedings
of
Whatcom
County—This
proceeding
utility
revenue
of
under
bids,
bonds
to
the award.
no
bids
finance
the
On June
were
19,
1943, of $9,500,000,
by the district (should
paid
for the
company
1
Jefferson
and
of
value
of
the
County—This
trial
no
date
has
proceeding
been set.
yet
Chelan
2,
received.
acquisition
of
the
company's
1942, the date fixed for the
of
each
months
underwritten
and
are
principal
1,400,000
&
Lazard
Lee
75,000
Co.,
Bankers
Bond
Co.,
A. G.
Inc.
1
&
Alex.
Brown
H.
&
&
Co.,
M.
Inc.
Fenner
Central
W.
Clark
&
Coffin & Burr,
Courts & Co.
J.
M.
R.
125,000
575.000
60,000
•
Dain
&
__
Co.
Dick
-
tensen,
Phelps,
150,000
F.
500,000
Co.,
Drexel & Co.
575,000
Eastman, Dillon & Co.^:
Equitable Securities
Corp.
750,000
Estabrook & Co.
575,000
Fahey, Clark & Co.
Farwell, Chapman & Co.
Ferris & Hardgrove____
Field, Richards & Co.__
Co.,
75,000
Co..
Daniel
&
75,000
Gardner
F. Rice
&
Co
Richards & Blum,
&
H.
Co.
60,000
.
60,000
Inc._
60,000
245,000
—
Rollins
&
Sons,
Inc.
575,000 4,
Co._
500,000
750,000
Schwabachcr & Co
125,000
1,400,000
F.
Rothschild
Scott
60,000
Michigan Corp.
Harvey Fisk & Sons, Inc.
Glore,' Forgan & Co
1,400,000
Goldman, Sachs & Co
1,400,000
&
&
L.
350,000
of
Parsons
125,000
Schmidt, Poole & Co.__
Schoellkopf,
Hutton
&
Pomeroy, Inc.
125,000
Corp.
Graham,
500,000
75,000
First Boston Corp..
First Cleveland
First
Co.—
——
75,000
____
The
60,000
195,000
125,000
&
Co.
Putnam
&
Reinholdt
E.
575,000
-
Riter
300,000
Jackson
Inc.
&
L.
.
Inc.
Quail
125,000
75,000
1,000,000
Fenn
Co.
&
&
300,000
Co.—_
& Curtis
-.iXiu;—£
Patterson,
&
Copeland
Kendall, Inc.
Arthur Perry & Co., Inc.
Peters, Writer & Chris-
Putnam
Dickson
&
Webber,
125,000
/' Inc.
The
&
Merle-Smith____
&
S.
125,000
125,000
100,000
Co.
60,000
60,000
195,000
& Co.—
O'Gara
Otis
Paine,
300,000
' 100,000
125,000
>
Newton, Abbe & Co
Alfred
L.
R.
245,000
___/
&
Shields
&
-
:
Co..—
Singer, Deane & Scribner
350,000
M.
Simon &
60,000
515,000
I.
150,000
Co.
75,000
Stringfellow
&
150,000
Granbery,
Co.
60,000
____
100,000
Smith,
Barney & Co.1,400,0'QO
& Co.
125,000
Stein Bros, & Boyce
125,000 ;
Starkweather
Marache
&
Lord,
'
Green, Ellis & Anderson
;• Gregory & Son, Inc.
Hallgarten & Co.
125,000
100.000
Stix
350,000
Walter
Stokes
&
Co._„
75,000
Hannahs, Ballin & Lee_
100,000
Stroud
&
Inc._—
350,000
Swiss
American
150,000
E.
Thomas
______
Wm.
P.
&
Harper
Co.
&
Son
_______
Harriman Ripley
Inc,
Stern
100,000
& Co.,
Harris, Hall & Co. (Inc.)
750.000
Ira Haupt & Co,
125.000
Hawley, Shepard & Co..
75,000
Hayden, Miller & Co— -: 195,000
Haydon, Stone & Co.___
500.000
Heller, Bruce & Co,
125,000
______
___
Hemphill,
Hill
&
Noyes
W.
E.
Co._
75,000
Weeks—_
&
Hutton
Illinois
Co,
350,000
&
Co.____
Co.
&
;
Kidder,
150,000
Peabody &
Bonds
Called
Co._
for
Co.___
&
125,00,0
Co.,
Co.
Thrall
&
75;000
Co.,
Corp
300,000
Co
lOOjOOO
&
Co.
75,000
West Co.
60,600
——-
Spencer Trask & Co
Tucker,
57^000
Anthony & Co._
Union Securities Corp.—
Wachob-Bender
Corp.—
Wertheim & Co.
Wheelock
Inc..
&
____—
—
—
Stubbs, Inc.
The Wisconsin Co.
Witter &
575,000
Co._____
Harold
E.
Dulles & Co.—
Wood
Yantis
&
&
75jb0O
575,000
300,000
___
S.
60iQ0O
'750,000
White, Weld & Co.
Whiting, Weeks &
F.
575,000
1,40(1,000
,.
Cummins,
Wurts,
150,000
McCormick
&
W.
Dean
Chicago
Kebbon,
575,000
of
&
Nicolaus
245,000
750.000
60.000
Lilienthn.1 &
Hcrnblower
The
&
Co.
Hirsch,
Brothers
Stifel,
Thomas
1,400,000
Co._
Co., Inc.
300,000
60,000
75,000
60,060
1,400,000
Redemption—
All of the outstanding series C, series
A and series D, first and
refunding mortgage/gold bonds have been called for redemption and
holders of these bonds may obtain payment in full
immediately, to¬
gether with interest to the respective redemption dates.
'
,.
The series C,
5%
bonds, due May 1, 1950, outstanding in the amount
for redemption on May 10. 1943, at 101%%;
the series A, 5%% bonds, due June 1, 1949, outstanding in the amount
of $36,039,500, are called for redemption on June 1,
1943, at 101V2%,
and the series D, 4%%
bonds, due June 1, 1950, outstanding
of
$8,850,000,
called
of $13,995,000, are called for redemption on June
2,
together with accrued interest in each case.
amount
101%
are
•
125,000
____
Co.
Mullaney, Ross
500,000
Inc.
Day & Co.
Dempsey-Detmer
Milwaukee
Murphey, Favre & Co.—
Nashville Securities Co._
Co.
Co.
60,000
Minsch, Monell & Co.—
60,000
Mitchum, Tully & Co.__
125,000
Moore, Leonard & Lynch
75,000
F. S. Moseley & Co.—-.
1,000,000
Co.,
(Inc.)
City Securities Corp.
E.
Beane
The
60,000
—
Republic
&
Merrill, Turben & Co.^w
300.000
Co.
&
—
300,000
.
Co
&
125,000
McDonald-Moore & Co._
60,000
Mellon Securities
Corp._ 1,400,000
Merrill Lynch,
Pierce,
,750,000
______
Byllesby
Inc.
&
150,000
Sons
&
1,400,000
Marks
500,000
______
Brush, Slocumb
Burr
M.
Co.'.—__J
60,000
___
re¬
575,000
1,400,000
CO.—u
Mason-Hagan, Inc.
Blair, Bonner & Co.—
245,000
Blyth & Co., Inc. _Tr_™ 1,400,000
Bosworth, Chanute,
Loughridge & Co.
300,000
"
&
Morris Mather
60,000
—
Becker & Co., Inc.
Co., Inc.
Blair
Freres
Higginson Corp.
Laurence
100,000
Barrow, Leary & Co,
Bear, Stearns & Co.
the
1,000,000
100,000
Laird, Bissell & Meeds__
W. C. Langley & Co,___
500,000
—
and
r.y
Co.
Co.,
1,400,000
Emerich
y>/-V
Kuhn, Loeb & Co
—1,400,000
Ladenburg, Thalmann &
$1,400,000
Stuart : &
underwriter
follows:
as
'
„
in
April, 1939, and was tried in 1940, resulting in a
on Aug. 24, 1940, based upon a jury verdict on
Aug. 7, 1940,
$5,000,000, representing the total compensation to be paid by the
district (should it exercise its right to acquire)
to the company for
the value of the properties to be taken and for severance
damages to
the remainder of the company's system.
On appeal by the company
the judgment on the award was affirmed
by the U. S. Circuit Court
of Appeals for the Ninth
Circuit, and the company's petition to the
U. S. Supreme Court for writ of certiorari was denied on March
2, 1942.
In May, 1942, the district publicly issued a call for bids on the
sale
of
properties
of
der, Inc. —i._—75,000
Bacon, Whipple & Co.—
150,000
Baker, Weeks & Harden
150,000
judgment
opening
be
period of six
a
name
Webster
Co.
Public
1
Arnold and S. Bleichroe-
the
company that it has elected to accept or reject
In the opinion of company's counsel,
except as the
law respecting interest on awards
may be changed by Initiative No, 12,
if a public utility district exercises its
any of the
therein for
Curtiss, House & Co.
,
Under the public utility district law of
daries
&
Ames,
a
Another, wholly-owned subsidiary, Diamond Ice &
Storage Co., oper¬
a
cold storage business in Seattle and owns
50% of the capital
of
March
the
from
taken
March
1941,
No.
C. Allyn & Co., Inc._
Almstedt Brothers—
dis¬
operation of
'
• /.
ates
Ice
to
been
expired.
County—This proceeding
in February and
March,
tried
was
on
appeal
has
prior to that date, the
to the institution of other
proceedings.
It is not known whether further
condemnation
proceedings will be instituted by these
public utility districts or what
property may be the subject of such
proceedings. '
Skagit County—Company is informed that
on
Aug. 29, 1942, Public
Utility District No. 1 of Skagit County
adopted resolutions directing
district engineers and
attorneys "to take all necessary
steps pre¬
requisite to the preparation; of
condemnation proceedings; to acquire
the distribution facilities in
Skagit County of the
company, together
with such
property of the company outside
Skagit County as it may be
proper and advisable to take."
No condemnation
proceeding has yet
been instituted against the
company by said district, and it is not
known whether such a
proceeding will be brought by said district or
what properties of the
company may be included in such
proceeding if
one is brought.
/
Inc.
A wholly-owned
Subsidiary, North Coast Transportation Co., furnishes
intercity bus transportation service over routes
extending from Port¬
Ore., to Vancouver,, B.. p., = Canada, and;. between, various com¬
stock of
No
now
damages to the remainder
22, 1943, the district served a
judgment has not yet been entered.
1
No.
August,
District
A.
:
land,
munities in western
District
in
Inc.
$1,000,000 on Sept. 1,
$562,500 on each Sept. 1 and
and
purposes
and
Vashon
cn
Snohomish
has
County and Public Utility
District No. 1 of
Douglas County—These
proceedings were commenced
separately in April, 1939.
On Sept.
1, 1942, the U. S. District Court
dismissed both
proceedings under court rule because no action had
1948.
other
Bellingham
system
appeal
for-severance
On
and
Blodget, Inc.
subsidiaries is. derived from electric
operations.' All of the electric
system is interconnected except for one small isolated
community..
The company's incidental business .includes the
manufacture and sale
telephone
Utility
Utility
Halsey,
-
steam
and
Lehman Brothers
the
notes
and
trict,; and
acquire)
taken
new
for
compensation to
trial
a
of
and
verdict
system.
Public
by the
census.
The more important
municipalities served are Seattle,
Everett, Bellingham, Bremerton, Olympia and Wenatchee,
Approxi¬
mately 80% of the total operating revenues of the company and its
small
be
time
1
1941,
for
Stone
by
1912.
1940
for*
.
Business—Company was incorporated in Massachusetts
Company is engaged principally in the business of gen¬
erating, transmitting, distributing and selling electric
energy in all or
parts of 19 counties in the western, or
Puget Sound, and central sec¬
tions
of
the
State
of
Washington, comprising approximately 4,500
square miles and having an estimated
population of 900,000, based on
July 8,
the
jury
right to
to
rights of acquisition.
on
May 10, 1942,
entered
and
July,
a
Purchasers—The
$6,500,000 of notes to banks, such
April 6, 1943, to bear interest at the rate of
to' mature
and
annum
History
shall
issue
about
or
in
spective amounts
bonds,
$1,000,000
March
prior preference
namely, from $3,025,000 to $2,750,000,
additional dividend of $2.50 per share.
with the issue and delivery of the new
proposes-to
dated
3%%
the
dis¬
new
$275,000,
payment of an
company
on
the
company
on the
awards, no acquisition of
accomplished by any one of the three
Cowlitz) unless the other two districts
their
were
company's
been taken
/'•///'/•
have
by
the
similar
is dependent upon the
issued
to
severance
dismissal, however, being without prejudice
y.y
the
for
judgments
exercise
in
commenced
basis
/-/oV/'
.
the
Public
recapital¬
aforesaid
acquire)
Utility District No. 1 of Kitsap
County—This proceeding was
in August,
1941, and the company is advised that the case
will be called
by the court in May, 1943, for
setting for trial.
Public Utility District No. 1 of
Clallam County—This
proceeding was
instituted in August,
1941, and is now scheduled for trial
before a jury
commencing Sept. 13, 1943.
v.
v'/
but
common,
of
to
Public
Certificates for shares of new
aforesaid basis in
exchange for shares
of certificates for old
shall, upon the effective date
holders
right
commenced
common.
the
on
surrender
the
which
Its
properties
.
^capitalization
basis
the
Utility District No.
exercise
motion
the
of
representing the total
of
aforesaid
paid
exercise
the parties,
resulting
of
date
the
on
for
of
commenced
preferred, but holders
old
time
judgments
1943,
given for the recapitalization
bonds, notes to banks, additional
shares of prior preference and new common
by all regulatory com¬
missions, the consent of which is legally necessary.
of
435,575 shs,
exchange
for
effective
common
plan and for the issuance of the
The
First mortgage bonds—————
Notes to banks—.—..—_—
the
of
properties to be taken and
the company's
of
terms
same
any
was
the
(3)
Financing)
Authorized
certificates
provisions of Section 11 of said Act.
rate
account
(b)
public
common.
to effectuate
the provisions of subsection
(bV of Section 11 of the
Public Utility Holding Company Act of 1935 and to be fair
and equitable
the persons affected by the recapitalization
plan, and the plan shall
have been approved by the SEC and shall have been
found by a Fed¬
eral court to be fair and
equitable and appropriate to effectuate
covered
the
of
in
they
the
the
Public
plan,
.the
new
to
formal
1957——
the
preferred to accumulated and
unpaid
Certificates for shares of new common
aforesaid
the
by
basis
old
new
issued
upon
effectuation
(1)
has
107%
at
by Puget.
'
/■/:/ '
(2)
Recapitalization plan shall have been found by the SEC
necessary
102%
107%
of
all the following conditions:
New bonds and notes to banks shall have been
1964—_
1948
shares
satisfaction of
1965
1949—
,
1%
as
(should
remainder
Under
exchanges snail be made and no certificates of stock shall be
surrendered for exchange until the effective date of the
recapitalization
The effective date of the recapitalization
plan, shall'mean the
day upon which all of the conditions to the effectuation of the
recapi¬
talization plan shall have been complied with.
103(4
105%
the
on
1
Lewis
above
the properties involved can
be
districts .(Thurston, Lewis or
plan.
103
—102%
1966—
102%
issued
No
105%
1954
1955
108%
in
such
1963
'!
.
108
together
of
1962—
106
—
be
plan,
105V8
1953
108%
1947—'—
v
Beginning
■
1944—.—
shown:
year
of
upon
of
share
a
shall
ization
the
mortgaged property.
The effect of such redemp¬
tion of the new bonds with
proceeds of condemnations or sales of the
mortgaged property may be to retire all or a substantial amount of
•
be
of
damages to
system, as follows:
Thurston County
proceeding, $4,400,000; Lewis County
proceeding, $2,100,000; Cowlitz
County proceeding, $1,100,000; total,
$7,600,000.
'
1,309,338 of these shares.
plan: .(a) holders of shares of the
shall
1
-The
values of
the
of
common
holders
of
■
shall,
holders
,
Redemption Provisions of New Bonds—The new bonds will be
subject
redemption for the sinking fund from time to time at a
special
redemption price equal to (1) 104(4% of the
principal amount thereof,
together with interest accrued thereon to the date fixed for
redemption,
or
(2) the price (including accrued interest) at which the new bends
are
redeemable at the option of the
company, in effect on the date
fixed for redemption, whichever is the
lower, upon at least 30 days'
notice given as provided in the
mortgage.
'-iv
The new bonds will be
subject to redemption at, the special price for
the sinking fund to the extent of available
proceeds from condemna¬
to
of
old
(4)
Retirement—Cash
■
the
owns
preference
basis
surrender
upon
bcome
the
on
exchange
l/100th
•/';///
bondholders.
Requirements
prior
be, cancelled.
preferred
common
Company
purchase for the sinking
for
/'
■
amount
are
certificates.
The
18,005 shares of old preferred
held in the treasury of the company will be
cancelled,
.(c) Each share
of old common outstanding shall be
changed into and reclassified as
be
to
old
such
the
of
are
will
issued
be
plan,
1972 Series, as defined in the
mortgage.
Such
applied for a period of 120 days to the purchase
of
issued bonds of the 1972 Series at not
exceding the sinking fund
redemption price or at the request of the company, to the
redemption
of such bonds at the
sinking fund redemption price, and to the extent
not so applied within said
period, may be withdrawn by the company
against additional property or on any other basis
permitted by the
general provisions of the mortgage as to release of cash
or may
be
applied to the retirement of issued bonds of the 1972 Series.
payments
of
rights of the holders
of
Series remain
194605—: 19650
1948,
issued
?■>.;■////
Co.
changed into and reclassified
preferred
provided
'•'■/,;.y/
yy
•.
•
This
upon, the consummation of the recapitalization
share of old preferred
outstanding in the hands of
shall
Fund—Company will covenant
the
shares
dividends
that, so long as any of any
outstanding, it will pay to the bond
semi-annually, on each Sept. 1 and March 1 beginning Sept.
a
sum
equal to % of Vk of the principal amount of the
of
1942/
be
All
retirement of debt, etc. permitted by the
mortgage,
is to be withdrawn or applied as
v'.
tricts
$15,including divi¬
is increasing by
aforesaid
the
deposited
so
mortgage.
15,
,
the
to
No.
County
:
...
treasury
shall
for
In
Oct,
$2.50
reducing, the
issued
Utility District No.
Thurston County—Public
Utility Dis¬
County—Public Utility District No. I of Cowlitz
proceedings were brought separately against the
company in 1939 and, after being consolidated
for trial, were tried in
1942, resulting in judgments on May
10, 1942, based upon jury awards
totaling $7,600,000, representing
compensation to be
trict
con¬
of
recapitalization
be
Each
mortgaged property
after Dec. 31, 1942, and
up to the close of the preceding calendar
year,
or
(b) the sum of the amount
actually expended for maintenance and
repairs and set aside for depreciation by the
company during said
period, whichever is greater, less, in either case, the amount of
cash
and/or bonds then held in the iund, and also less the aggregate of all
expenditures during such period for maintenance and
repairs to and
renewals and replacements (as defined in the
mortgage) of the mort¬
gaged property, and also less the amount of additional credits
additional property
the
preference will
,.
the
of company.
There
and unpaid dividends on this
stock,
in accrued
additional
1
Maintenance and Improvement
Fund—Company will covenant so long
as
any bonds of the 1972 series shall remain
outstanding to deposit
with the trustees annually on or before
May 1, beginning May 1, 1944,
an
amount in cash
or
bonds of any series (taken at their
principal
amount), equal to (a) 13% of the total operating revenues (less the
of
paid,
of
to
dividend
prior preference will receive an additional
one-quarter share
prior preference for each share of existing prior preference held
by
them.
All rights of the existing prior preference to
$2,750,000 accumu¬
lated
and unpaid
dividends will be cancelled.
Certificates for the
-
cost
Prior
be
1365
Public
of
<
,
will
this stock,
on
existing
least
The
,
in
1942.
additional
consummation
preference.
shares
an
of prior
•^Pursuant to the recapitalization
mortgage will permit the release of property and withdrawal of
cash' from the lien thereof upon
compliance by the company with its
provisions and will permit the substitution of certain
types of property
without formal
18,005
plan
$275,000,
the
tfEngineers Public Service
on all outstanding bonds and
mortgages and
on
the
bonds
.■■';/■■//'//■'/ '.."'/y V
of
Upon
prior
normally payable
$395,992.50 quarterly.
equal to twice the annual interest charges
applied for.
existing
dends
con¬
months
15
aggregate
$2,750,000.
of
971,697
the
recapitalization
an
27,500 additional shares
§Excludes
shall
the
or
to
arrears
property, and in certain other cases, the company will be
show net earnings (after depreciation, before Federal in¬
to
taxes
come
the
and
share,
holders
30, 1942, and subsequently acquired and bonded or
In case of the issuance of additional bonds
against
used,
additional
secutive
of
mortgage
unpaid dividends
including dividends normally payable Oct, 15,
per
Sept.
on
required
the
$3,025,000 in accrued and
are
summation of
anticipation of the acquisition of additional property or of refunding
aforesaid,
Such additional property may be subject to
prior liens
not exceeding 40% of its cost or value.
The total amount of prop¬
as
to
& FINANCIAL CHRONICLE
in,,the
1943,; at
-•
Holders
Colony
Bank
tional
York,
payment by presenting their bonds to the Old
Boston, Mass., to Continental Illinois Na¬
Co., Chicago, 111., or Bankers Trust Co., New
obtain
may
Co.,
Trust
&
trustee,
Trust
Statement
Income
for
1941
$15,914,107 $18,630,792
6,900,638
6,089,271
Depreciation
1,155,414
1,561,183
1,462,207
381,323
974,126
663,561
318,066
203,287
2,408,557
2,227,289
116,031
j,941,439
46,769
7,694
$5,431,670
Drl22,116
$6,049,286
Drl79,698
:
(net)
income
$4,973,128
$5,949,133
$5,309,554
$5,869,588
2,290,836
3,054.468
.3,081,916
3,378.723
25,128
39,544
54,743
45,127
exp.
7,931
42,975
167,489
16,619
223,386
240,222
——
$2,463,897
Balance
—
interest
Other
income
Net
int./
on
disct.
of
Amort,
\
•—•
•
assumed
Taxes
debt-
long-term
on
&
58.129
223,319
>
$2.
$1,924,380
$2,596,597.
165,973
1942
30,
Sept.
Sheet,
Balance
Consolidated
Assets—
<
Property, plant and equipments——_$120,
Investments and special funds—//./
—_
.
1, 132,453
Cash in banks and on hand——,.——/.;—_v———_
3, 464.707
and
Notes
receivable
warrants
—
44,321
—
(net)
——-——.
—
1,
supplies——---—1,
and
Materials
Prepayment of insurance, etc.
Deferred
debits
536,901
016.974
126,194
'
—_—1
—
870,416
Vice-President
in charge of Engineering.
Mr. Ponting is a ■ Vice-President of Blyth
& Co., Inc., and has been associated with that company for 22 years.
•'4 The
financial statements of the company have not been completed
and probably will not be available for distribution to the shareholders
prior to the first week in May, it is announced.
The annual meeting
was therefore
adjourned until May 22, 1943, at which time the annual
report and accompanying financial statements will be submitted.—
V. 156, p. 2045.'
'
\ ■ .''A/, •
Aver,
*
pating Dividends—
The
Capital surplus
"T
•—
—
Long-term debt
//
.
payable, trade,
Customers'
deposits
——.i_—
accrued
Interest
credits
Depreciation
—
——
p.
declared
dividend of
a
value
par
Engineer.—V.
common
stockholders
derived
Federal
Frank
B.
Commission,
has
$3,046,425
85,599
1,798,000
87,573
$1,170,087
$5,941,374
$1,075,253
29,265
$633,604
income
$1,104,518
$2,023,415.
636,408
1,580,665
635,892
581,884
500,568
463,327
revenues--204,605,581
139,926,434
105,905,395
99,845,940
11,870,659
16,668,416
1,913.653
34.119,341
651,468
3,211,258
—;
-
1,134,793
.
equipment-//
19,662,842
30,869,516
13,985,804
24,432.818
13,081,071
18,001,087
--/——I—/.
/ 2,305.909
2,139.416
1,973,744
54,817,747
for
43,502,952
35,868,238
1.814,583
986,144
4,276.139
/-.-/—
operations /—_
*/--_--U„--/-:
3,500,178
686,467
3,293,006
invest.—Cr-
,
20,883
33,413-
-
-
113,746,737
88,547,313
72,870,181
68,413,913
from oper—
90,858,844
/,„w_/—-—-_.Z
*41,488,395
51,379.121
15,552,068
expenses-
oper.
33,035,214
31,432.027
Hire
of
2,095,788
2.246,227
8,391,483
2,386,269
Joint
facility rents—1,008,842
790,845
800,169
7,886,854
1,918.509
995,534
Net
rev,
Taxes
equipment
-
other
$1,387,007
$1,020,256
income
44,593,026
18.589,140
H,577,921
10,800,897
46.265,818
expenses-
Operating income
Non-Opei'; Income—
$1,399,481
379,225
:
32,789,981
21,457,294
20.631,130
23,414
21,551
20,181
31,747
Misc. rent income—212,768
221,044
215,022
226,491
Inc.
from
Misc.
173,672
133,608
3,628,000
537,000
Dividend
63,286
176,325
129,916
V
Inez from
$1,963,378
$1,351,751
'••/X
60,037
[■>[
physical
property
61.196
24,577
of road
lease
non-oper.
412,000
funded
from
25,793
1,368,802
33.478
901,994
546,028
1,311.120
106.557
48,960
67,099
34,599
79.514
2,505,291
3.047,544
23,678,673
unfunded
and
27,239
1,608,848 ,>: 1,595,122
1;149,892
sees.-
accounts-
securs,
32,969
Miscellaneous
47,730
!
26.817
1,627.986
income
332,472
income.
Non-operating income
$772,045
$456,831
oper.
fr. ry.
oper.
Feb. 1, last.
1 and
17,065;
7,243
7,805
O
_
non-oper.
43,754;
4,oH
gross
for
$779,850
from
Net
income
244,392
$537,452
$219,632
inc.
gross
Int.
$1,404,072 i $1,036,490
497,593
'498,236
$464,074
242,397
income
Gross
3.180,404
2,879,630
income—
49.446,222
35,669,611
23,962,585
2,679,516
> 32,507
t 2.483,961
2,565.092
32,204
32,573
rents—
income
•
charges*
157,
_
3,040,636
3,124,978
2,959,854
3,074,9*17
46,396,587
32,544,633
21.002,731
20,603,756
debt—
11,923,770
12,209.507
12,732,292
13.165,393
1.083,949
965,232
918,367
William A. Winterbottom, Vice-President and
announced on April 2.
For the last two years of
with the FCC Mr. Warren was in charge of all tele¬
Inc.,
phone cases for the Law Department.
For the past year he has been
Assistant General Solicitor of the National Association of Railroad and
from
33,388.868
ll9,369,894
Net
ry.
1942 ;
1943
$5,060,640
$7,944,990
railway.—.
;
2,820,351
1,217,619
income.//
1,873.877
1,096.871
funded
on
equip,
$3,333,722
$4,059,320
.939.741
Preferred
"16,783
Earn,
Gross
railway——.
from
Net
ry.
1275.
15,735.031
5,235,180
3,427,623
>
'
"Deficit.—V.
157,
7,162.771
782,331
217,936
$1.25
each
balance
was
.
6,487,726
/_
,
$12.61
r;
$3.35
$2.68
post-war refund of excess profits tax of $900,0Q0.
payable $1.25 per share Nov. 2, 1942 and three payments of
on
March 15, June 15. and Sept./15, 1943.
Out of the
+Being 5[>
1,525,375
1276.
p.
-
t3,000,000
$23.41
950,637
7,352,072
.
"After deduction of
8,446.358
2,091,337
railway—£
oper.
///
sh.—
com.
.2,047,916
10.480,879
2,487,843
income-*.
from
Net
'
-
dividends
per
From Jan. 1—
obligs
—
Profit
276.043
692.397
oper.
on
Int.
1940
1941
railway—.
from
Net
avail,
'
deductions
Int.
Ry.—Earnings-
Francisco
February—
Gross
110,716
366,536
902.
p.
Louis-San
St.
$538,253
$906,479
105,005
338,683
.
330,171
.
78.005
334.949
68,782
_
:
income—
Total
Total
—V.
2,618,373 :
32,310 ;
unfunded debt—
on
Misc.
' '
•
v
roads—
leased
Miscellaneous
Deducs.
inc.-
Deductions—
Rent
16,234
/
-
Total
Total
oper. Inc.
ry.
ry.
171.
Assistant Counsel of the Federal Com¬
appointed General Counsel of RCA
p.
3,712,835
1,557,478
;■ 881,476
1.127.530
;
3,009,923
•
oper.
Total
$2,152,274
oper.
taxes
oper.
ry.
Deducs.
1
been
Utility Commissioners.—V. 157,
1,547,486
921,444
,,
c£
1943—2 Mos.—1942
$658,181
v 201,350
Manager,
association
his
formerly
Warren,
Communications,
General
income
Total
Inc.—General Counsel—
RCA Communications,
munications
Total
346,004
313,408
-
3,718,346
the
holders of record
on Nov., 1, last, and
2, 7 cents.—V. 157, p.
8,753,912
transportation/>v 1,189,422
Trans,
$5,440,088
3,287,814
operating
Ry.
to
13 cents per share was made on
9,177,690
392,867
,3,855,228
1,672,204
1,090,432
Ry.—Earnings—
$2,758,526 $10,179,161
1,588,439
4,237,787
ry.
dividend and
and Nov.
8 cents each;
1,
14,232,778
531,164
train-/'
facility
Misceh
Consulting
as
income-
fr.
rev.
Other
during 1942 were as follows: Feb. 2, 14 cents; May
Disbursements
Aug.
from
A payment of
expenses.
appointment
his
$5,147,125
2,100,700
Ry. tax accruals: ad val.
15../This distribution, it is announced,
interest income after company
record,April
of
entirely
36,265,338
—
Transportation
,
share has been declared, payable May
8 cents per
distribution of
A
is
$
$
83,003,377
2,200,098
General
Ltd.—Consulting Engineer
1943—Month—1942
Period End. Feb. 28—
Net
^
1939
88,591,660
Operating Expenses—
of way & struct.
and Managing Director, relinquished
on
Southwestern
expenses
Inc.—8-Cent Distribution—
Quarterly Income Shares,
'
■
,
1940
4040.
149, p.
Louis
revenues
on
'
■
$
$
V 4,138,709
Total
St.
Net
to
1943,
1,
operating
10 cents per share
stock, payable May 1
April 20.
This compares with 15 cents paid
10 cents on May 1, 1942.—V. 155, p. 1416.
no
April
on
operating
Dividend—
1941
1942
Years
156,635,034 116,520,375
Income
have
directors
The
offices
Other Federal taxes-J--,
Products, Inc.—10-Cent
'
Calendar
,
.
Ry.
1275.
Purolator
349.
Ry.
.$129,622,310
'
for
-
1.149 cents
1.101 cents
1.104 cents
Account
Maint.
■
133,017
—
—
1.145 cents
Maint.
year.—V, 157, p. 1276.
'
34,369,169
•'
•
Incidental
K,
7,226.284,916
1
mile—
passenger
Joint
■
*
38,416,299
50,613,150
'
t
1.81 cents
'
1
61,330,812
Express
Ltd.—Changes in Per¬
Copper Mines,
/ ■'■ ■' ;;;•
> /:.
■
157, p.
these
1,200,000
——
157.
Misc.
Other
respective issues on May 1, last
the
on
16,141,017
—
'
per
'
•
Passenger
regular
Rhodesian Selection Trust,
15.438
/—
water
———
(rev/ 1
•Mail.;:
participating dividend of $1 per share
a
Arthur D. Storke, Vice-Chairman
r
undeveloped
in
investments
power sites
Total
,
.
1,065.070
—'
.—a—— -—
,
reserve
loss
on
for
Reserve
-V,
the
sonnel—
2,470.969
liabilities——.——"————
current
Deferred
79,554
173,811
—————,—,—/—.—
——i-—.—_/—_—-—.—/——
accrued
1.74 cents
■■
i
Operating Revenues—
.
,
—
—
,
accrued
Payroll
484.679,008
;;
'
Traffic
147,001
137,500
528,817,231
'
\ Freight
semi-annual dividend of $3.50 per share on the 7ft
guaranteed preferred stock, par $100, and an extra, .dividend of $2
per share and the usual semi-annual dividend of $3 per share on the
6 'k guaranteed preferred stock, par $100, all payable May 1 to holders
of leccrd April 30.
Participating distributions, of like amounts were
and
941,125
declared
Dividends
6,654
4,096,894
1,81 cents
2.03 cents
Income
58,910.750
————/
/—/
——
6,594
4,234,270
787,760,102
'
•
,
_
per
•
,
declared
have
—V,
payable to banks, due within one year
Other
directors
5,918,326
14,000,000
—
K; 6,552
5,311,826
.,13,677,367,475 10,558,709,260 8*049,214,280
mile
revenue
ton
Potomac RR.—Partici¬
Fredericksburg &
Richmond,
1
freight)
inception and for the last few years has been a
its
7,830.812
25,119.543
1939
'.
per
freight)
Tons
•/;/:/>/•;K:
Arthur D. Storke, Vice-Chairman and Managing Director, relinquished
these offices on April 1, 1943. on his appointment as Consulting Engi¬
neer.
R. L. Prain was appointed Managing Director as from that date.
—
Deficit in earned surplus-——_
Accounts
>
Prior
the directorate.
to
elected
Ponting were
E.
A.
Roan Antelope
prior preference stock
$6 preferred stock.—
Common stock
!
1940
6,519
6,787,627,108
receipts
pass, per mileJ
Tons carried (rev,
L. Rheem,
D.
meeting William Moller, Jr. had tendered his resignation as a
director.
Mr. Thayer has been connected with the company almost
made
$11,000,000
$5
Taxes
W. E.
and
Rhcem,
S.
the
Liabilities—
Notes
Hall,
R.
Y._—-$129,622,310
Total
Aver.-
> '
Years
1941
.
10,188,896
nnle
1
r
W. K. Rheem, Her¬
Zander, L. B. Keplinger, G. M. Greenwood, Philip
March 27,
on
E.
Thayer,
to
9,439
—-
receivable
Accounts
'
'
'
deposits
J:, ;
Calendar
for
1942
Passengers carried
Passengers carried
;
another page
on
V;..?:
Elected—Meeting- Post¬
Co.—Directors
Norris,
of this issue, :
'
fornia,
bert
420,906
Special
1275.
p.
the
for
results
Report—The
Statistics
Operating
tons
.'•/At the annual meeting of the shareholders held In Richmond, Cali¬
from
Int.
Mfg.
poned—
F.
revenues
increased by 124,042
'
i
i,
"
1
production
ingot
157,
tons.—V.
Rheem
,637,776
881,040
1,882,781
.
steel
cited
are
tons,
while
tons,
r
1942, together with the remarks of Ernest E.
President,
quarter, coke production was increased by 68,000
pig iron production gained 139,000 tons to
first
1,268,000
2,218,940
.361,830
$16,754,168 $16
$4,926,358
taxes— ;
_
oper.
Other
the
to
Ry.—Annual
Southern
year
.
Aver, miles oper.„.
1,148,983
amort—
&
income
Other taxes
to
6,280,806
1,034,130
Maintenance
Net
tons
1939
985,673
Operation
Federal
502,587
1,417,000
1940
Sept; 30, '42
revenues
Tcriods
Stated
Years Ended Dec. 31
End.
9 Mos.
Operating
to
tons
Consolidated
of coke to 464,233 tons as compared with the previous
tons in January, and boosting its pig iron production
Compared with 482,265 tons last October.
production
high of 416,415
During
Y.
N.
its
Monday, April 12, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
1366
of
1942
the
($30,388,868)
earnings
a
dividend of $2 per share
23, 1943, payable April 1, 1943.
declared Feb.
"
Corp. of America—To Redeem Balance
Radio
Preferred Stock—
t
of "B"
regular quarterly dividend of 87* Va cents per share was also de¬
on the outstanding $3.50 first preferred stock, payable July 1 to
of
record
June
11.
The dividend
is for the period from
The
holders
April 1,
The
directors
standing
B
April 2 voted to redeem on July 1, 1943, all out¬
stock of RCA at $100 per share and accrued
date, a total of $101.25 per share, President
on
preferred
dividends to the redemption
Sarnoff
stated.
11,891
David
shares
The
last,
preferred
B
stock
now
outstanding
are
the
which
went into effect in 1936.
After July 1, 1943, the entire capitalization
of RCA will consist of 900,824 shares of $3.50 cumulative first pre¬
ferred stock and 13,881,016 shares of common stock outstanding.
Holders of B preferred stock are requested to surrender their cer¬
tificates, with appropriate letter of transmittal, to The Corporation
Trust Co., 120 Broadway, New York, N. Y.
advertising agencies have been selected to handle the advertis¬
corporation.
Three of these agencies will handle the vari¬
activities of
the RCA Victor Division, it was an¬
the
advertising
nounced
RCA
April
on
by
2
Henry
C.
Bonfig,
General
Sales
Manager
of
amount
Dec.
Ruthrauff & Ryan, Inc., which will handle adver¬
phonograph and television instruments.
Walter Thompson Co. has been assigned for Victor and Bluebird
J.
20 and Dec.
Aug.
on
157,
Dividend
15, last, and on June
16
1092.
p.
stockholders will vote April
The
apparatus.
The latter includes the RCA Electron Microscope, theatre
equipment and industrial sound systems.
/>/:>/■.. ;/C/ -Albert Frank-Gunther Law, Inc.,. has been appointed to handle the
financial advertising of the Radio Corp. of America, it was also an¬
nounced.—V. 157, p. 1275.
Rand's,
Pittsburgh—March
Period End. Mar. 31—
Sales
.
—
21
on
.
„
-
.
of an
.
Securities Corporation General—Accrued Dividends—
declared
have
directors
dividend of $1.50 per share on
a
covering
ferred
last,
the
and
$1.16%
while
ferred
on
and $5.25
the
on
$6
pre¬
preferred stock.were made on Dec, 29,
company paid $4.50 on the $6 pre¬
the $7 preferred stock.—V. 157, p. 821,
the
on
Nov.
Distributions of $1
March 31.
record
of
per
ended
months
three
holders
to
the $6
share on the $7 preferred stock,
March 31, 1943, both payable April
preferred stock and one of $1.75
on
$7
1942
16,
the
the
was
the
sales
for
that month.—V.
for
March,
1942—Extracts
from
the
8630,845
$548,580
1943,
157,
were
p.
the
highest
total
1,
Report, Year Ended
remarks
of
count, and other statistical tables are cited
of this issue.—V. 157, p. 1187.
Dec.
Edward
on
W.
ac¬
of
50
cents
the
$2
Steel
lODftft
per
cumulative
ingot output by this corporation in March was at rate
of capacity,
with output for the first quarter of
1943
of capacity, a Cleveland dispatch says,'
In March,
general
47*
mortgage
for
called
able
June
share,
of
15
declared
the
on
holders
to
previously
record
a
redemption
record
of
declared
March
dividend
cumuh
23,907,594-16,640,484
27,054,338
4,958,385 16,043,364
Traffic
and
service
car
Miscellaneous
.—I——;
accounts
on
1,
$2
per
bonds
1943,
share
preferred stock,
May
this
of
15.
A
issue,
is
dated
at
par
on
par
distribution
payable
on
account
$100,
of
pay¬
$1.62 Va
May
1
to
and
dividends receivable—
City
Stock
on
March
Yards
22
Co.—Regular Dividends—
declared
regular
paid
pany
37Vz
extra
quarterly
dividends
;
$100)
stock
(par
Common
stock
(1,254,699
dividends of 20 cents each and regular dividends of
the quarter ended Dec. 31, 1942.—V. 156, p. 1694.
Southeastern Investment Trust, Inc., Lexington, Ky.—
debt
Funded
shrs.,
no
/ /.;.
corporation on April 1 paid a dividend of 40 cents per share
account of accumulations on the $5 cumul. 1st preferred stock, no
The
of
on
at
par
March 27. This compares with 75 cents
paid on Jan. 2, last.
Payments during 1942 were as follows: Jan. 2,
$1.50; and April 1, July 1 and Oct, 1, 40 cents each.—V. 157, p. 172,
value, to holders of record
accounts
payable-——/—-———.
payable Jan. 1— /—————
matured
unpaid—
declared-——/-,
interest accrued———
rents accrued™
dividends
Unmatured
Unmatured
Unmatured
Accrued
liability
tax
current
liabilities
liabilities
Operating
reserves
——
——
Road——
Equipment owned
—
Equipment leased from other companies
Amortization of defense projects—road——>
Amortization of defense projects—equipment—
unadjusted
since
Profit
and
157,
for
additions
to
154,799
666,706
5,461.331
1,594,423
899,986
42,172,798
777,612
1,186,042
632
41,007,192
741,025
36,472
5,127,261
5,208,418
3,749,069
3,765,195
120,598,184
30,
1276.
l,848,0p0
10,326,203
7,470,367
—
94,282,952
697,467,894 655,048,991
—
p.
2,828,925
1,726
prop,
1907-—
loss—Balance
June
Total
—V.
credits—,————
appropriations
Special
_
757,646
5,655,591
k—•
————
— —
3,106,268
11,050,069
1,903,504
543,414
36,147,877
/—
accrued on:
Depreciation
•
•
——
39,647,000
3,466,416
550,605
10,271,988
2,102,785
791,706
2,828,890
1,713
2,250,000
1,561,655
154.851
Interest matured unpaid——————
Interest
.
obligations—35,205,000
1914, in aid of construction
Loans and bills payable
Z—
Audited accounts and wages payable
Miscellaneous
'
;. 4,350,100
5,083,300
par) Z._l— 125,469,900 124,736,700
——.
60,000,000
60,000.000
223,475,000 241,499,500
—
-
trust
Equipment
Other
2,457,040
————————
stock
Preferred
Deferred
of
cents each for
.
31,928
175,000
1,779,076
697,467,894 .655,048,991
Total
Other
directors
8,796,645
274,891
124,761
—
Dividends
Payments of $1.62 Vn per share were made on the preferred stock
each quarter from May 1,
1940 to and inch Feb. 1, 1943, while on
Feb, 1, 1940 a dividend of $2.62V2 per share was paid.
Arrearages as
at Feb. 2, 1943 amounted to $22.62 >/2 per share.—V. 157, p. 1188.
Sioux
6,658,519
supplies——1—
9,489,184
163,475
Other current assets—
/_/_—
205,135
Working fund advances
——-—
—.
31,659
Insurance and other funds-—180,775
Other
deferred assets—'—/—1,261,004
Unadjusted debits
;
:
6,045,662
Material
Interest and
Liabilities—
May
169
575,603
782,282
•
—
balances-—Dr—1,844,548
conductors——-'
1,334,334
receivable-—--I—/—
12,540,500
agents and
from
due
Balances
—
——
—
bills receivable
Loans-and
Common
income
31.
Pays 40-Cent Dividend—
the company established two new high records, increasing
been
have
accumulations
of
The
Republic Steel Corp.—New Records Attained—
103.1ft
have
of
3714 cents per share on the common and preferred stocks, both payable
March 25 to holders of record March 22.
On Oct. 30, last, the com¬
share has been declared on account of
preferred A stock, no par value,
payable May I to holders of record April 20.—V, 156, p. 1334.
on
1937,
$52,460
directors
The
another
Reed Co.—Accumulated Dividend—
dividend
of
Payment will be made at The Hibernia National Bank,
trustee, Hibernia Building, New Orleans, La.—V. 155, p. 1519.
page
accumulations
stock
B
class
dividend of 10 cents per share on
to holders of record March 23. Pay¬
a
and, interest.
per
997.
Scheer, President, together with condensed income
(C. A.)
value
paid
1
Shreveport Rys. Co.—Bonds Called—
A
Jan.
holders
Reading Co.—45th Annual
par
April
ments last year were as follows: April 1, July 1 and Oct. 1, 10 cents
each, and Dec. 28, 20 cents.—V. 155, p, 1513/; ;/ 'A
;/
1943—3 Mos.—1942
$188,443
that
no
on
Simpson's, Ltd.—To Pay $2 Accrued Dividend—
1943—Month—1942
history
announced
company's
company
investments--
Temporary; cash
Special deposits
•
109
30,268
■■
,
Shaler Co.—10-Cent Class B Dividend—
The
50,124
196,000
——
Grants since July 1,
*
the
—
2,907,42ft
Notes-.—109
Advances
—-/-i—/-————
24,643
Bonds
approving the adoption
Stocks
investments:
^3,215,864
13,342,648
-50,124
Z
Advances
Cash
Sales—
$215,436
Acquisition
-
;
employee pension and benefit plan,—V* 156, p. 1780,
—416,976,364 416,034,446
road--
in
equipment-,—
137,474,631; 127,888,276
adjustment
64,584
168,668
Deposits in lieu of mortgaged property sold--262,793
255,593
Miscellaneous physical property-—--—-—-- *
365,479
425,096
Investments in affiliated cos.: Stocks
23,233,561
28.874.552
Bonds ——i-ZZZZ
///..——
13,285,263
13.285.263
Notes.
463,677
.284,970
Co. of Delaware—Pension Plan—
Seaboard Oil
sound
A
paid
was
Investment
1941
/$
Investment: ih
2 declared a dividend of 50 cents per share
payable April 15 to holders of record April 10.
1941.—V.
15,
"
HI
Dec.
:/Z:v'v
Investments:
".
Other
agencies are:
phonograph records and for RCA Victor's International Division.
Kenyon and Eckhardt, Inc., will conduct the advertising of radio
tubes, special radio instruments, and industrial electronic and radio
31,
paid on Jan. 5,
15, 1943,
April
stock,
Sheet,
1942
per
on
Balance
Assets—
Victor.
The
It
$82.25
common
like
and
tising of RCA Victor radio,
in
$1.75 per share on
preferred stock, par
of
cumulative
and Oct. 3, 1942. Arrearages as at Jan.
share.—V, 157, p. 172.
^
July 3
to
directors
the
on
15
Four
7%
Schenley Distillers Corp.—50-Cent Common
The
/
The
Advertising Agencies Appointed to Handle RCA
Advertising—
ous
a
the
remaining after the recapitalization plan
Four
ing of
on
and
amounted
A
of
(less than 2%)
balance
paid
$100, to holders of record March 27. Like amounts were
1943.
30,
to June
1943,
accumulations
of
dividend
3
on
April
on
company
account
clared
Inc.—Accumulated Dividend—
Schaffer Stores Co.,
The
,
,
General
;
,
_
•
,
.
,
,
Volume
Corp.-—Record Output and Shipments—
•Sperry
according to
President.
f*nd shipments,
duction,
A.
Thomas
Morgan,
1:04
:
a
There were 24 purchases through 33 firms.
trade was 1,000 shares and the smallest
shares.—V. 157, p. 1190.
10
in 1942, the tenth year since its incorporation, manu-,
record amount of
products needed for war," said Mr.
company
factored
a
■
intervening
"Peak
-
12
months.
will
production
•.
....
be
not
until
reached
several
tion
•;
plants are
new,
fully equipped and manned.. As we approach these goals production
steadily increasing, with the result that 1943 shipments are expected
more,than
those
double
of
1942."
"When
50.000.
Yc/i YYYAUYY
■
.
demand for the
company's'products exceeds
furnishing them with technical assistance.
value
the
duced
three
1
of
by
products
ourselves
billion dollars
The
for
Sperry Corp.,
ernment
developed by the
by other prime
the
•
■
will
program."
war
ments
this
of
■
will
reflected, in
be
the
being published in the 1942 annual report,"—V.
Standard
,
Gas
Electric
&
financial
year,
Increase of
an
established at Corning,
company,
157, p.
ended
Stromberg-Carlson
Sec
Stromberg-Carlson
to
-
12.5',f ,—V. 157,
in
Name—
Mfg.
\
.
have
is
says,
which includes
.field
of
other
will
,says,
well
as
Hi
the
President
v
values
industrial
equipment.
and
lines.—V.
present
On
\y •
jv
•
activities,
1943—Month—1942
Operating
Federal
Other
„
$98,432
63,151
expenses
—A-
taxes
2,162
■■■;
...AAAY.
taxes
$11,083
J
.
$305,539
$
Dr3'l
V':'-; Br3 04
$305,507
$ $161,392
income
;.™--
.$27,312
.
6,489
■
96,416
•
E.
.—v.
for
$209,091
the
period
35,000
35.000
$174,091
$42,760
157,
^
1277,
p.
JLhv-
'
This corporation
trowell
Steel
.Meadville.
.of
The
6,000
The Electrowell company is a manu¬
mechanical steel tubing aiid has a capacity
per
month.
Currently the company is
tons
Operating
expenses
Federal
'Other
$868,326- $11,034,340 $10,209,823
,
362,713
4,472,324
3.983,254
108,152
retire,
148,572
1,159,370
1,599,991
71,922
taxes
taxes
Prop,
1943—12 Mos.—1942
1943—Month—1942
:$942,774
393,495
revenues
61,020
857,923
764,998
1,000,000
83,333
83,333
1,000,000
$285,872
$212,688
$2,361,580
1,454
1,534
$3,544,723
21,927
$287,326
res.
$214,252
$3,566,650
$2,884,679
appro.
;
:
Net oper.
'Other
revenues™
income
(xietl----
', :
-'v;
23,099
have
to
Railways
will
to
apply
submitted
by
the
or
two
to
Act
of
;1941.
;
•
of
for
Power
compliance
';•
and
•■.stock
of
the
reduce
will
value
par
a
amount
of
capital represented
by
such
will be
'Interest
145,216
144,197
1,746,120
1,722,342
$142,110
deducs™
etc.,
$70,055
$1,820,530
Net' income
Dividends
™™„_
stock for the period
375,678
we
157, p.
1277.
Todd-Johnson Dry Docks, Inc.—New Vice-President—
;
R.
Vanderwende
J.
this
of
has
resigned
as
Vice-President
and
and
has
been
Galveston Drv Docks.
Inc.
Section
plan
(2)
is
necessary
the
that
plan
11
of the Act
(e)
encounter no difficulty in lrmki"- t.hp
of these required findings.
The plan provides for the liquidation
dissolution of Power, which we have previously found necessary
first
and
the
for
Necessity
under Section
11
the
of
Plan—We
(b)
elimination
ill kind,
by
assets
(2)
of
a
of
the Act,
and dissolution
stock
Power's
method
liability
believe
we
is
to be preceded
through a distribution
both economical and
be
to
appropriate
(b)
11
of
J.
S.
signed
Clapper,
from
McCartney,
dent.—V.
for
29
years
152,
p.
A
•
on
•
•-
d'st-ribut'on-of one-half
April
Jan.
2,
2,
Union
this
corporation,
has
re¬
Bank Shares, Series B—Div.—
cent
per
share
was
made on
these shares
this year, which compares with 0.3 cent per share paid
last. > Pavments during 1942 were as follows: Anril 2, 1.1
cents; July 1,
:
of
846.
Trusteed American
"on
President
that position to become Chairman of the board. H. Clay
formerly Secretary and Treasurer, has been named Presi¬
0.3 cent; and Oct. 2, 0.G cent.—V.
Oil
Co.
of
147. p. 2104.
.
Calif.—Special Offering—A special
offering of 13,500 shares of capital stock (par $25) was
made on New York Stock Exchange April 1 at 19%,
with a commission of 35 cents, by R. W. Pressprich &
Co.
Made at 12:36 p.m. the offering was completed at
effecting
to
the
Fairness
compliance
with
the
standards
of
Section
Act.
and
required find¬
ing, namely, that the plan is "fair and equitable to the persons af¬
fected by such plan," presents a more difficult problem.' The assets
of Power are, in our opinion, of insufficient value to satisfy the stated
■liquidation preference of the preferred stock in the amount of $100
per share .for 600,000 shares, plus arrearages of $38,700,000, or a total
of
$98,700,000,
Equitableness
as
of
of
December
Plan—The
the
second
1942.
31,
forma book- value of $77,954,874
basis and $81,554,330 on
present hook values of assets
pro forma arc clearly insufficient to cover
the liquidation preference
of Power's preferred stock.
Similarly, on the basis of a capitalization
These
for
a
pro
of
balance-sheets indicate
Railways'
forma
reasonably
find
an
We
spite
on
ing
consolidated
the
a
on
a
basis.
pro
corporate
Thus
anticipated earnings of the enterprise we are unable
value for the assets which approaches $98,700,000.
constrained
valuation
of
stock
to
over-all
are
behalf
value
common
of
to
testimony
reach
in
the management,
this
the
conclusion as
to asset values de¬
record including a study preoared,
derived an over-all
by an engineer who
method involv¬
estimate of the earning power of the
$104,172,231, as of Dec. 31, 1939. based upon a
capitalization
of
his
familiar
a
company
must
of
a
are
'
without debt and
traditional
bankruptcy or
virtually
category of holding companies which
be
not
the
holders
the
in
need
to
as
' ■"■■'-
permitted to continue in
opera¬
public,
investors and consumers, the
prevented from maintaining their re¬
a going corporation.
In our view, it is not incon¬
bankruptcy and equity precedents to conclude that in
liquidations to comply with Section 11, stockholders
be given participations according to their contractual
determined as though in a continuing enterprise, and
with the statute should not be permitted
should
expense
of another class.
unnecessary
assets
the
of
U
of
a
holding
;
Congress
should
be
concentration
of
permitted
or
present
found
is
result
those
was
■
-
;:-
the techniques employed
to remove the holding
power
over operating utilities,
that
necessary
economic
in
to
a
would
bankruptcy.
pointed out in Commissioner Healy's separate opinion that the
and equitable"
embodied in Section 11 have a settled
"fair
meaning,
as
determined by the courts,
and that an application of the
"absolute priorities" doctrine must result in no distribution to Power's :
common
stock
in this case.
But that is because he measures the
.
as they would be measured in bank¬
because he follows the "absolute priori¬
the consequences of the measurement.
In other words, we can agree with him when he says that absolute
priorities must be respected, because we think that doctrine simply
means that the common stock
must not be accorded any participation
rights
cases,
unless
and
says
stock
and not merely
in
doctrine
ties"
•
preferred
the
of
ruptcy
determining
preferred stock has been fully compensated for its rights
But there the area of agreement stops, because he
that the rights and priorities of the preferred stoccare the
same here as in
bankruptcy cases, where their claims
the
priorities.
further
holders
,'
to
liquidation preferences
as
:
.
Manufacturing Co.—New President—
Toro
be
tion
;
to effectuate the provisions of Section 11 (b)
is fair and equitable to the persons affected
by it: %
Comptroller
elected President and a director of
John S. Smith. Jr., has resigned
the Presidency of the Todd Galveston company and has been elected
.Vice President and a director of the Todd-Johnson Dry Docks, Inc.—
-V. 157, p. 1190.
corporation
the Todd
,
the
and
'—V.
■
with
though in liquidation.
so
destroy any legitimate interests of the common
windfall to any senior security.
Where such an
be reached by borrowing bankruptcy tech¬
niques for assessing the claims involved, we must reject bankruptcy
techniques as inappropriate under the circumstances; and we think
■'/ it logical enough that they should be inappropriate here, since the
situation before us is (as we have seen)
not comparable to the situa¬
precedent to granting our approval of a plan such
required by Section 11 (e) of the Act to find 111 that
are
as
is
simplification of
inequitable
condition
a
approach
properties and earnings
It
this
as
claimants
liquidation
an
words
Compliance
$786,659
other
,
opera-
or
Section
stock,
the
375,678
$1,444,852
pref.
to
applic.
Balance
continue in
and
stock
As
<
this
is
Power
interests
rights
of
not
$1,162,337
"
'
Angeles
generally by giving them more direct interests in. the operat¬
to the extent that their holding company
represent any ml equity therein,
The liquidation of Power
accomplishes an important step in this direction by giving the preferred
and common stockholders a security that is
better than those 'hey
have heretofore held.
This process of improvement of position must
■
income
Gross
to
Creditors and
rights determined
of
embarrassment
security
mature
in full compensation for
common
and qther
hand.
should
other
ing
now con-
above-described exchange, the plan provides that the
of Railways be allocated to Power's security hold¬
their claims against Power, on the basis
of 5 shares
for each present share of Power's preferred stock,
one
share for each present 20 shares of Class A common stock and one
share for each present 20 shares of Class B common stock of Power.
In lieu of fractional shares it is proposed
that non-interest bearing,
non-dividend
bearing and non-voting scrip, in bearer form, will be
issued.
The plan provides that the right of Power's stockholders to
-receive either common stock or scrip of Railways shall expire July
1,
1944, after which date the scrip shall be void..
Following
new
ers,
Los
investors
of
from $24,798,200 to $22,216,856 and the difference
credited to Railways' paid-in surplus account.
outstanding
$2,581,334
having
the
promote local management and regulation for the benefit of consumers,
eliminate unnecessary and uneconomic corporate entities, and benefit
in aid of
$35, will be in¬
creased to 4,000,000 shares with a par value of $7,
each share, to
have one vote.
The outstanding 708,520 shares of Railways' common
stock will then be exchanged by Power for 3,173,838 shares of Rail¬
ways' new stock.
The proposed change in the par value of Railways'
shares
1.000,000
in
securities
to the distribution of Railways' common stock and
distribution, the authorized common stock of Railways,
of
those
here.
statutory mandate.
Clearly the intent of
to Rail-
assets
determinative of the
are
enterprise be permitted
Since it falls into
the
companies'
Prior
such
like
•
the transfer of Power's remaining
(4) Power will be dissolved.
The
-
,
the
following which
iv'sisting
in
under
The Proposed Plan
(3)
Act.
should be immaterial whether
of recapitalization, merger or
company
in liquidation.
In
other
words, the "fair and
equitable" standard requires the same
recognition of substantive rights irrespective of the method employed
in a particular case for attaining the objectives of Section
11 (bi (2).
More
specifically, if a class of preferred
stock has a measurable
interest in an enterprise absent the maturing of liquidation preferences
and a proportionately greater interest
upon
the maturity thereof, it
would not be fair or equitable • under the statute to give recognition
to the
greater interest at the expense and to the detriment of the
common stock.
And conversely, if the common stock has a measurable
interest apart from the maturing of liquidation preferences, we must
not sanction the destruction of that interest through the operation of
stated, the plan provides for (1) the distribution of Rail¬
stock, all owned by Power, to Power's preferred and
stockholders;
(2)
the assumption of Power's liabilities by
Railways;
Company
enterprise, the courts and Congress have prothat it is often in the interest of creditors and
has determined
distribution
common
,ways,
liqui-r
tion for the preferred stockholders; and it
the simplification process takes the form
u:v-:':
■
exclusion
the
in the event
a system is to be attained through elimina¬
corporate entity, it
is our opinion that the
equitable" standard does not require us to consider liquida¬
tion rights as having matured, and as the sole measure of participa¬
a plan designed to effectuate
with our order of March 20,
of
approval
in
Holding
capital structure.
financial
no
."fair
its subsidiary com¬
and
the
that
an
background
other
Where
("Railways"), both regis¬
'
'y
■l-
Act")
("the
1935
dissolution
•the
the
tion
with
filed
to
operation
.
opinion of the majority opinion is
follows:
:
Power Co. : ("Power")
provides
into
preferences.
In both instances the measure of
compensate for the substantive rights of
security holders as they would exist apart from the reorganization or
other procedure
in question, :.
In the case before us, the duty to liquidate arises solely by virtue
of a sovereign act, and in giving effect to the Congressional mandate
we
must not allow the liquidation itself to add value to one class of
company.
Light and Railways Co.
the
the
participation allowed
order
an
of
Decisions
us.
that the process of compliance
:
for
Federal court
a
corporation
While
new
a
reorganizations
value of $7,
par
a
the
charter
that
sistent with the
shares of
five
of
:l\'7
holding companies/ have
"common stock
Operating
it
said
plan
by
before
securities at the
exchange
,
,
spective interests in
the Commission Joint appli¬
cations and declarations, designated as "Application No. 14," pursuant
to Sections 11
(b) and 11 (e) of the Public Utility Holding Company
Service Co.—Earnings—
Electric
Texas
Period End. Feb. 28—
issued
be
The United
tered
working at capacity on war contracts.- No change will be made in the
management, the dispatch said,—V. 157, p. 903. Y"Y'!; YY:YYY;Y:V";:,v-Y
-
the
of
shall come
enactment
theory
historical
tion,
Light and
planned.
United Light and
The
pany,
vcommon
says.
and
pressure
approximately
for
with
company's
findings and
Briefly
$Y)YYj'::Y:YyVyy;i
the
the
Congress
"-i-A'-
high,
provides
United
as
the
assets
corporate
judicial precedents which
no
to overtake
on
equity sense.
and one share of Railways' common for
20
Light and Power's common, each share of the new
cited in part as
•'
too
to
of. $6,
the
this stock
;
elaboration
On
investment
of
liquidation
prevented from foreclosing or otherwise compelling an actual liqui¬
but new securities are distributed among them according to
The
no
United Light and Power called for the distribut¬
common stockholders, a percentage the
of the
Commission
ways'
has purchased the controlling interest of .the Elecof Oil City, Pa., for an undisclosed amount, a
dispatch
Pa.,
of
facturer
Corp.
that
equal to the
accumulated dividends) is controlling, our inquiry
at this point in a decision that the preferred
all
the
their contractual
stock,
United
stock
enforcing
YYy. Y
Y^^Y^-nYwvY
Talon, Inc.—Further Expansion—
of
The
-
$77,760
ii
Balance
.
stocks
$4,281
Healy
Judge
was
stock
before
question
affected
holders
the
an
dation,
although it was agreed by
not sufficient assets were
the preferred stock, alone.
get 5.48$,
liquidating rights of
amended,
as
preferred
instead
:
83,632
v
•
and
distributed,
would
and
the
long
but
ion,
are
majority
Railways, a subsidiary, for
share of the 600,000 shares outstanding of United Light and Pow¬
common
'
Net
plan,
shares
$161,696
Dr3l3
v
9,453
■
,
meet
common
er's
$10,770
163
etc.,. deducs™
.
majority
to
be
stock
found
The
the
$1,140,803
:
713,335
56,452:■■;,%
94,402
136,374
128,621
46,345
42,743
3,543
,
$36,765
Gross Income
Interest
e
$36,602
Other income
•
Y
9,979
10.676
4.570
revenues.A
Net opcr.
;
-
13,457
Depreciation
the
to
assets
Commission
he
systems
741,133
the
common
reach
to
all the circumstances,
capitalizing prospective
liquidation'preference of the preferred stock
the
Power's
other claimants
the plan of the United
preferred stock would get
approved
the
rate
a
ended
to
^"involuntary"
ceeded
< B)
business
Ly
at
and Boyd cases are predicated on Sets of facts fundamentally
distinguishable from the situation/arising here.
In bankruptcy or
equity reorganizations,
where
some
financial
disaster
overtakes
or
of the assets to the
$1,285,846
-
of
of
be
common.
precise
liquidation."
of
the holders of its
whereby
11
legitimate
of
duty
Commission
the
the
under
Section
"where
basis
the
from
The original plan of
.
1943—12 Mos.—1942
$125,426
68,635
.Operating- revenues
basis,
the
on
apart
at a valuation
made
the measure of
necessary
of
for
basis
as
earnings
Lumber
'
:■
is
light
the
earnings
taken
such
,,
entitled
threatens
The
1.
to
of
of
14.1
of
In
arrive
we
of
We have found
in which Chairman Ganson PurO'Brien, Edmund Burke Jr. and
H.
that
was
ion of 8.8$
....
Superior Water, Light & Power Co.—Earnings—
Period End. Feb. 28—
;
that
available
-
one
;
stockholders
existing
classes
General
communications
350.
p.
post-war
Its
commercial
157,
Robert
agreed,
Light and Power
both
.;••"
Pike
T.
common
company
and
157,
(2> requires
corporate simplification, by means of liquidation, the 'fair and equi¬
table* standard requires the
distribution of assets to preferred and
descriptive of the concern's varied activities
operation of a 50,000-watt radio station and a wide
communications
all
of
name
Vice
Manson,
Commissioners
and
94.52$:
the
V'['J.-
'
Sumner
more
the
include
as
change
-'J-:'-"Y-Y" .;YYv- VV'Y
Stromberg-Carlson Co.
new
name, Dr. Ray
The
Manager
to
of 4
vote
a
rejecting his valu¬
dealing with a
here
then, is whether or not it would be "fair and equitable," in
light of the legislative purpose and policy underlying Section 11 oi' the
Act,
to give controlling effect to that charter provision under the
to
The, crux of the majority opinion,
cell
--iL x';-/'
voted
by
are
question,
by Terms of Ruling—
563.
v
ratio
reasonable
no
circumstances,
Commission
Exchange
1942,
the liquidation in this case ii
doubtless "involuntary," it is of a type that could not have been fore¬
seen by the draftsmen of the corporate charter or by investors in the
which Judge Robert E. Healy filed a vigorous dissent, ap¬
proved a voluntary plan filed by the United Light and Power Co.,
outlining the final steps for compliance with Section 11 (B) u2)
of
the Public Utility Holding Company Actf
The holding company and
its subsidiaries on April 30, 1942, had consolidated assets of $558,807,-
1276,
p.
and
on
liquidation.
right of the holders of common stock of a holding company
undergoing dissolution to share in the distribution of assets, even if
their-securities have uo-equity, was established April 6 by the Secu¬
opinion-
April 30,
in
$7,000,000, be
$98,700,000.
of
The
rities
of
that
amount
is
stock,
year.—V.
last
period
same
we
trends
capitalization
of
$790,541
647.
.'.;; ;■
94.52% .aiid Others 5.43%
;
,
below.iYYy--r<y,--ii Y.,-
Co.
the
over
for
reasons
that
estimate
liberal
most
power,
dation preference
Right of Common Stockholder to Share in Assets Upon
Established—Owners of Preferred to Get
has moved to
1886,
2,462,238
Dissolution
Y.—Changes Name—
N. Y.,
Co.—New
Telephone
>.$Y j %,Yi
stockholders
The
16.5$.;'
'
,
the
stock
United Light & Power Co.—Plan Approved by SEC—
.
-Approved—
1.846.678
or
1278.
Our
fact
the
current
times-earnings
a
value
conclude
must perforce
output, for the UGI system companies for the week
1943, amounted to 128,577,590 kwh,, an increase of
3,
kwh.,
18,194,628
p.
Stromberg-Carlson Telephone Mfg. Co.- -Name Change
•
April
the
($100 per share plus
56,518
157, p.
of
that
the amount of
earning
earning power pould
$3,309,297
56,518
—A—$1,201,802
"electric
The
350.
its
new- plant
in nearby
Big Flats, N. Y., and the name of the
organization hgs been changed to Hungerford Corporation.
The plant
Is
now
engaged in sub-contracting manufacture for the Army Air
Corps and the U. S. Engineers.
Y:
,;V
,
$3,104,998
.
in
and
preference.,
United Gas Improvement Co.—Weekly Output—
■
state¬
Co.—Weekly Output— '
Standard Mfg. Co. of Corning, N.
2,254,000
"After deducting post-war refund of $760,000.—V.
Electric
output of the
public utility operating companies in the
Standard Gas
Electric Co. system for the week ended April 3,; 1943,
totaled 171,725,000 kwh., as compared with 152,699,000 kwh. for the
corresponding week last
1,808,000
dividends
surplus
!
This
profit' A -J±j
N et
reduction
settlement
over-all
we
if
Even
producing
391,693
"6,840.000
200,000
14.5.
of
prospective
1,069,809
1.825,000
•}
contingencies—
post-war
industry
management,
9,093,682
of
according to Mr,
Morgan, "has recently completed the re¬
negotiations of its pricev on war contracts and has arrived at a full
settlement-with: the Government for all: periods up to the end of 19421'
results
for
Common
tracts,
The
taxes^.___—-___i^v_
income
State
profits
Preferred dividends
of the first companies to propose to the Gov¬
in its anticipated profits on war eon-
one
substantial
a
and
v
If
will be pro¬
approximate
t
:
which
•'
1941
our
even
contractors
financial posi¬
'
to
regulation place in¬
creased emphasis on
depreciated cost of properties which, as indi¬
cated by the book values,
is substantially loss than the liquidation
preference of the preferred stock.
In order to show a value of as
much as $98,700,000, it would be necessary to capitalize 1942 consoli¬
dated net earnings applicable to the common stock of Railways (the
highest earnings since 1931i at a rate of 6.9$, a times-earnings ratio
263,883
It has been estimated that
company
and
regulated
loans as of the
553,652
rapidly
expanding capacity," continued Mr. Morgan, "other companies were
encouraged to manufacture our -products.' The company licensed, or
Is arranging to license, these companies on a royalty free basis and la*
'
'
down
$110,000,000.
of
be rejected.
include consideration
ation
$8,914,321
Reserved
'/
:
by the engineer must
a
:
Accounts for Calendar Years
■'
Y-Y
Y-.-Y"' ,-...'1942
Gross profit $14 037,096
Total income
14,195,850
Selling and admin. expenses™.
1,110,362
Depreciation, etc. ._: 561,838
Excess
utilized-^-physical, financial and human—likewise were
greater than in any preceding year.
Floor space, acquired, rented or
under construction, at the. end of the year was 50$ greater than at
the close'of 1941.
Employees more than doubled during the year,, now
numbering, over
pres dent.
He stated that the current
with all liabilities) current, and no bank
is sound,
Federal
•••.-.
facilities
The
which
under
company
Other' deductions
is
to
the
by
George T. Ladd,
•/v'»
^
made
■end of last .year.
";"V: 'I;, ' ,
• '
Income
'
the
been
have
over-all value
carefully considered the valuation study made by the engi¬
neer
and
without commenting
in detail upon the propriety of the
methods used, it is our opinion that the over-all valuation arrived at
revolving credit* of $5,000,000 will be made available "if the recent
expansion
in receivables and , inventories
continues,"
according to
.
at an
have
We
United Engineering & Foundry Co.—Revolving Credit
Arrangements
commenting on the annual report, which soon
will be mailed to the company's 25,488 stockholders.'
"Sales, before renegotiation of contract prices, approximated a quar¬
ter of a billion dollars, or two and* a half times the dollar volume of1941.
Shipments during 1942 equaled those of the nine previous years
combined. '
' ■■
:>" '
"The backlog of orders on the company's books, at the end of 1942.
was
nearly one billion dollars, or virtually double the total at the
end of 1941, despite the record output and the rate of increase during
preliminarily
Morgan,
The company brought this valuation
arriving
largest
'
"Tire
1367
system,
p.m.
The
,
volume of sales,, pro¬
statement made on April 2 by
1942 handled a record
corporation during
The
<
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4167
157
matured.
In
our
view
(including dividend arrearages) are treated
would be unconscionable and contrary to
it
plain intention of Congress to so hold.
It is our conclusion that we
must judge
the
_
the fairness of the plan
values existing apart from tne dutv
of liquidation imposed by the statute.,
The existence of the liquidation
preference does, of course, enter into the question, as it is one of the
bundle of rights belonging to
the preferred stock and affecting its
normal value.
The preference itself, however, will not be permitted
to operate so
as to be conclusive in the division of assets between
the preferred and
common stocks.
1
.
By the foregoing we do not
imply that compensation should or
can be given in eliminating any
"rights" which are proscribed by the
statute as being unfair, such as the naked "right" to exercise a voting
power
which is inequitable under the statutory standards, or the
"right," by misuse of power, to delay or prevent compliance with the
statute ' The "legitimate investment value" to be accorded recognition
may
include those rights and expectancies which, although possibly
predicated on an unsound or economically undes'rable structure, are
not inherently unfair.
An example is the interest of the common stock
in
net income
over
and above fixed amounts applicable to senior
securities
where there is a reasonable chance of such income.
Al¬
though it is repugnant to the policies of the Act to have the corpo¬
ration continue
in operation, the common stockholders'
interest, in
the
earnings of Power's assets
is not for that reason proscribed.
The limitation of the preferred stock dividend to a fixed amount is a
according to legitimate investment
valuable
right
vested
in
the
common
stock;
in light of the earning capacity
recognizable even though it would take
right
of
a
and the value of such
Power's assets, may be
number of years, in the
Monday, April 12, 1943
CHRONICLE
COMMERCIAL. & FINANCIAL
THE
1368
The
uled for June 8
'•
the
to
common
stock—would clearly be to
fair and equitable
circumstances,
the
Under
A'A,, A
compensation will be
;A.:A'Ayi ; "A Ay
In
approaching the problem of passing upon the fairness of the
proposed plan in the light of the principles discussed, it is our view
that it is unnecessary to arrive at any specific over-all value for the
enterprise or for the preferred and common stocks of Power. We are
required, however, to examine into the respective existing interests of
the preferred and common stockholders in the earnings of the enter¬
prise. The valuation of interests such as-these is not an exact, science,
in the most favorable circumstances, • Presented with a proposed
has
income
never
equaled the annual
:
V:AAA''"AA:A"''■ A'"A.\ A
For the purpose of determining the existing rights of the preferred
and common stocks in the enterprise,: we have assumed earnings of
A/' Ay A
that in
out
pointed
view of the actual earnings
to Rail¬
must be
experience and the
be regarded as a very
AA- v- '
As of Dec. 31, 1942, the dividend arrearages on the preferred stock
totaled $38,700,000.
Current annual dividend requirements on such
Stock amount to $3,600,000.
On the basis of the $6,185,000 earnings
figure, it would take approximately 15 years for the preferred dividend
arrearages to be paid in full, if all consolidated net earnings were to
toe applied toward the payment of current and accumulated preferred
factors discussed, this figure must
assumption as to earning power.
intangible
dividends..;;
While
of
A'
A.A
.
to the common stock, our consideration
the circumstances leads us to believe that the common stock is
plan is
all
too liberal
entitled
nevertheless
to
participation.
some
Our conclusion in
this
over-all judgment and not susceptible of
In approaching the problem, we have
kept in mind that there is always a margin of error inherent in any
estimate of earning power.
Under all the circumstances it is our
view that a participation for the common of approximately 5%, while
representing the maximum, would not exceed the permissible limits of
fairness, and to secure our approval the plan must be modified to
reduce the
common stockholders'
participation accordingly. AA'AyA
This conclusion takes into consideration the fact that, to the ex¬
tent its earnings should perchance exceed those estimated, the com¬
mon
stock, in exchange for an allocation of approximately 5 % would
toe giving up its claim to 95%
of any possible excess over the amount
necessary
to satisfy the dividend preferences of the preferred.
In
other words,
as the
participation of the common stock approaches
zero
it is giving up, in exchange therefor and for the benefit of the
preferred stock, nearly 100% of its chance of participating in any
future earnings in excess of the existing preferences of the preferred.
On the other hand,
if earnings do not equal such preferences, the
preferred stock gives up but approximately 5% of the earnings actu¬
respect is of necessity one of
mathematical demonstration.
ally realized.
the
Under
•
•
here present,
circumstances
complete elimination of the common
the
we
stock.
■!.
improvement in compliance with the Act
to destroy existing investment values.
ing such
mitted
In
emphatically opposed to any liquidation or reorganization
that sacrifices or fails
to recognize legitimate, values.
In case of
doubt I would prefer to err, if at all, on the side of optimism.
But the
A
"I
am
legitimate value of Ra'.lways' common falls so far short of the claims
of Power's preferred that it isn't even close.
Indeed it is my convic¬
tion that the common's investment in Power was lost years ago, before
of the Holding Company Act.
I am happy to say that
the system's future seems much brighter than the past.
The elimina¬
tion of burdensome and superfluous companies, the simplification of
the
passage
•>
concomitant reduction in costs are all to the good and I
recognize the careful conduct of the company's affairs by the present
management.
The plain and unfortunate fact, however, is that this
company was handicapped from birth by congenital defects and
deformities and picked up a few more thereafter; it was over-capitalized;
it was over-pyramided; it paid excessive prices for property; it indulged
in dubious accounting.
Its whole financial structure was 'jerry built'
and was of the weakest and most dangerous character.
The investors
in Power have reaped the whirlwind of winds sowed some years ago
Co.,
Chicago—Loan—The Mutual
Life Insurance Co. of New
York has made a 10-year loan
Specialties
■A; United
of
$350,000 to company, manufacturers of engine parts.
p. 824.
A',, A ■,/v.:;'.;,AAAVa- V
—V. 157,
of capital stock (par $5) was
made on the New York Stock Exchange April 7 by
Lehman Brothers and Hallgarten & Co., at 42%, with
60 cents commission.
Made at 10:13 a.m. the offering
was completed at 10:32 a.m.—V. 157, p. 904.
of
7,492
shares
Co.—March Sales Up 19.3%—
Period End. Mar. 31—
Sales
——
—V.
157,
p.
1943—Month—1942
1943—3 Mos.—1942
$8,981,370
$7,527,320 $26,215,870 $22,265,691
on
Accrued Class A Dividend—Re¬
Class B Shares—
a dividend of 6214 cents- per share
addition to a quarterly dividend of
the $2.50 cumul. class A stock, no par value.
This wiped
out all accruals on this issue.
Payments last year were
as follows;
April 1, July 15 and Oct. 1, 6214 cents each; and Dec. 1,
The
on
company
of
account
€214
on April 1 paid
accumulations in
per share
cents
on
$1.1214.
April 1 also paid a dividend of
class B stock, the first payment
when 15 cents was paid.—V. 156. p. 1512.
The
on
company
the
no
Warren
Arthur
master to
on
par
Brothers
Black,
Boston,
hear petitions
5 cents per share
since Nov. 1, 1931
Co.—Reorganization Claimsbankruptcy, has been appointed
claims arising out of the reorganization.
referee in
on
consol
not
y—A—
y^————y
AA-Aa
profits tax
normal
_
taxes
$
41,421,426
248,158,948 332,880,327.
5,081,736
3,877,908
11,703,184 23,441,285
573,956,447 401,620,946
318,469,736 203,972,075
_
_
189,216,254 138,293,247
*57,952,225
38,991,842
10,063,760 ,12,590,295
i 4,957,755
5,078,705
_
•
yy:AA'A
1941 A:,';
.
399,012,579
_
and surtax—..
income
security
Social
4,232,323
3,786,382
stock and other taxes
—AA
A 12,222,975
8,893,330
Payments to trustee of pension funds
—
A
9,211,773
10,792,189
Depreciation of plant
3,039,312 ; 2,210,506
Employment stabilization
-A-A—A2,272,081
10,763,540
Development equalization .AAAAAaAAA'
A A 957,159
'
77,446
Reestablishment of peacetime plant
„_
A'
654,546
.'A—A:"
Amortization of war emergency plant
Federal capital
_
_
_
plus
The
Net
1,294,022
726,626
Sundry income less applicable costs
Income from subs, and assoc. cos. not
applicable costs
less
7,949,002
Ay'A'AAA y;, v,AvA >A"' A AA Ay'
incorp. in Del. Nov. 30, 1925.
One of the
corporations, organized in 1893, took over a
business founded in 1853.
The principal business in which the com¬
pany and its
subsidiaries have been engaged is what is commonly
called the meat packing business, which consists of buying, slaughter*
ing and dressing live stock, and processing and selling meats, meat
food products and related products.
The live stock slaughtering, proc¬
essing and related-products operations are estimated to account for
approximately three-fourths of the gross dollar volume of business done
during recent years.
A
A".
- '
A
.
above-mentioned related products and products unre¬
packing business which the company and its sub¬
sidiaries produce and deal in, are shortening, vegetable oils, salad oils,
gelatin, pharmaceutical products, animal and poultry feeds, fertilizer,
insulation, curled hair materials, soaps, glycerine, acids, oils, tallows,
the
meat
the
to
AyAv A; A" AaAA-'
and ice.
greases
A A A"'A';.,
'A'A:
■
company's activities in meat packing and related lines
countries, particularly in South America where
the
of
Some
conducted in foreign
are
the
Argentine.
the
in
subsidiaries'operates packing plants in Brazil
These foreign operations are subject to the •
including foreign exchange restrictions,
exchange rates and to shipping risks. :s'yAA;AAA
through
company
and
hazards of various restrictions,
in
fluctuations
to
Company and some of its subsidiaries are also engaged in the pro¬
and in connection therewith buy, kill and dress poultry,
purchase and
form
and
Subsidiary
the
:
process
milk
buy
for distribution in shell, canned and
fats which are processed into
eggs
butter
and
dried
butter
cheese.
and
.
1
7,548,394 18,427,536
A-—-—6,000,000 18,000,000
$3.07
Net earnings per share of capital stock———
$1.26
359,183 for
"After credits of $3,670,501 for debt retirement and $2,
paid
was
predecessor
Among
lated
to surplus
carried
earnings
XA
Business—Company
company's
462,758
Net
1943,..;"''
April 1,
18,890,294
400,608
Dividends
of the bonds,
proceeds from the sale
Proceeds—The
of
duce business,
AAAAAA-
charges
year
out¬
primary
a
Application
414,148
Earnings before interest chargesInterest
retirement
together with general funds of the company, are to be applied as soon
practicable to the redemption of $16,390,000 presently outstanding
first mortgage
20-year bonds—series A, 4%, due July 15, 1955, at
104% plus interest accrued from Jan. 15, 1943, and to the redemption
of
$4,165,000 of company's presently- outstanding convertible 3%%<
debentures, due April 1,
1947, at 102% plus accrued interest from
consol.
:
,
.
accrued int.
For the sinking
1957
to
; ;
payment of $750,000, to the extent of the com¬
pany's net earnings for the preceding fiscal year, and under certain
circumstances, an additional or secondary sinking fund of an annual
amount as high as $400,000, dependent upon earnings.
A'-'AAA"-
17,669,869
806,277
5,928,354
A—uy.A---~-.~AA
profits on sales
.
to pay into a sinking fund toward
mortgage bonds, on or before April 1, in each
inclusive, so long as any of the bonds remain
first
new
1944
,
down to Vi c!o.
agrees
company
the
standing,
ACr40,051,742Cr43,532,279
% Cr3,78S,301 Cr5,768,045
manufactured
0*1,504,713 Cr2,077,206
applicable to income other than sales—
Costs
they
from
plant
of
than
premium ranging downward from 4% to Va%.
are redeemable with a premium of l¥z%
a
fund
priced
,
1, 1958. re¬
1, 1043 and are due April
for the sinking fund at par and
April
dated
are
deemable otherwise
inventories—a-~A~A.aA-
in
Increase
Cost
athletic
is commonly known as
manufacturing and buy¬
companies are engaged in what
goods business, which consists of
ing golf/ baseball, football, basketball and tennis equipment
athletic equipment and the distribution of such equipment
sale and to group purchasers.
' Ay;/VAA7-; yvAa.'y:;'Y 'AA
and other
at whole¬
■■
.
post-war refund.
Consolidated
Balance
''-'-Y'1 v.- '-..A
yAA:' $ :
A—A.A; 154,299,084
yA-~A—AAAy——aAAAA- '. 21,950,378
Patents and goodwill—Teletype Corp.—
—
15,140,731
Post-war refund of excess profits tax.
2,359,183
Other deferred receiv. (less res. of $774,627)—
1,814,128
Aa$
A A A-AA AAAAaa A—y
Investments
.
charges
Prepaid
A-yAAAAA-A_AAyAaA':'
1,531,422
AA
——
Liabilities—
;
A-' -A ■ A>:'A.;y AAA
Cash paid in by stockholders
From
surplus earnings—
r
property additions after retirements,
period
—
Depreciation of plant reserve
u
Equalization of development reserve—-A-A
Employment stabilization reserve——;
—y
Ceneral contingencies reserve—AA—A—AA
Reestablishment of peace-time plan reserve—y
Amortization of
war
emergency
income-.
AA-yA--*~-AA-tAA.. A A
taxes' A AAA A-AAA--A A AAA
Accounts
AA AA'-yA A'
suppliers————™—
cos. not consol
accounts payable
payable:
Subsid.
17,524,928
8,548,554
.Other
15,252,847
5,509,413
2,112,265
1,910,360
77,446.
1,034,605
assoc.
—
Total '..A:
♦Represented by 6,000,000 no par
shares.
-V.
int.
pany
Chestnut
Sts.,
Philadelphia, Pa.—V.
Western Auto
996,247
55,200,097
31,729,578
3,320,977
15,535,719
1,748,313
3,180,279
5,940,820
407,609,022 366,032,381
157, p, 1095.
sales
Retail
—AA
sales _A.
Wholesale
157, p. 1095.
1943—Month—1942
$1,678,000
1,392,000
$3,132,000
2,444,000
1955__J.-»__„Y,Y*4._A-^*YYYY-«.--v.-iY''$16,390,000 $16,390,000
debens. due Apr. 1, 1947..A,
4,165,000
4,165.000
ispec, assess.) due aft. one year..
,
82,200
stockholders' equity in subsidiaries—
; ...A.
999,141.
preferred stock (no par)
500,000 shs.
324,783 shs.
Common stock (no par)
y.y—y---— 2,500,000 shs. 2,001,163 shs.
$3
subsidiaries had indebted¬
within one year, in the aggregate
securities of the company alone
as
of Oct. 31. 1942, were the same as shown above except that the
item "minority stockholders'
equity in subsidiaries" did not appear,
and the company's indebtedness payable to
banks, maturing within
one
year, amounted to $17,230,000.
amount
10,464,683
All
of
the
of
$5,019,000
4,368,000
banks,
Combined
157,
p.
sales
—-
$3,070,000
Westinghouse Electric &
A.
157.
V.
n.
$9,387,000 $14,943,000
Mfg. Co.—New Official—
Bronold has been appointed
H.
$5,576,000
Assistant to the Vice President.—
1095.
White Motor
Co.—Changes in Personnel—
elected Vice-President in charge of produc¬
With the company 20 years, he has been works manager since
Jones
Howard
tion.
has been
• A7'y ■
Roy M. Dunham, former production manager of the engine
division, has been named works manager,—V. 157, p. 1279.
;
.
White Sewing Machine
stock,
May
1
share on
preference
value, and the regular quarterly dividend of 50 cents
the $2 prior preference stock, par $20, both payable
to holders of record April 20.
Like amounts were disbursed
par
no
share
per
on
have declared a dividend of 50 cents per
accumulations on the $4 cumulative convertible
of
Feb.
1,
on
cents each were made on the $4 preference
1 and Nov. 1, last year, and on Dec. 20, 1941.
Arrearages on the latter issue amounted to $48.50 per share as of
Feb. 1, 1943.—V. 156, p. 2232.
on
of
50
March 20, Aug.
Bonds Offered—One
of the largest pieces of industrial senior financing in
months reached the market April 8 in the form of a
public offering of a new issue of $20,000,000 first mort¬
gage bonds,
3% series, due 1958, of this company,
Wilson
from the sale of the
1958 now offered.
yAyaAAY
Earnings
Years Ended October 31
for Fiscal
Deprec. &
A^
Amortlz. +Nct income Interest
Net
.
fTaxes
Earnings
$1,000,120 $1,244,561 $3,624,645
1,767,115 10,245,864
1,112,796 3,035,762 6,047,306
1,917,610 17,004,035
1,184,527 7,500,000
8,319.508
♦Gross sales
$280,379,364 $1,696,818 $5,869,326
1940
1941
371,934,184
1942
517,315,023
♦Includes
operating
revenues
of
several
the
which
bonds
{Provision
Foreign taxes on income.
taxes on income.
and Foreign
names
the
as
returns and allowances.
less discounts,
tBefore interest and Federal and
they
and
underwriters
the
agreed
respectively
have
principal amounts
to purchase are
follows:1
.-.'A
Name
Smith.
."A:'-.A'-'
A
Barney & Co.—.$2,500,000
2,500,000
A. C. AUyn and Co., Inc.
250,000
Bacon, Whipple & Co.—
150,000
A. G. Becker & Co., Inc.
400,000
Blair & Co., Inc
500,000
Blair, Bonner & Co
150,000
Blyth & Co., Inc.—
1,000,000
Central Republic Co..—_
300,000
E. W. Clark & Co.—
150,000
J. M. Dain & Co.-—
100,000
Farwell, Chapman & Co.
100,000
The First Boston Corp._ 1,000,000
Goldman, Sachs & Co._
650,000
& Co
...
Co.—
1,000,000
Harriman Ripley & Co,A 1
Hallgarten
&
1,000,000
Harris, Hall & Co., Inc.
400,000
Hemphill, Noyes & Co_
350.000
Henry Herrman & Co.„
100,000
Hornblower & Weeks—
500,000
The Illinois Co. of Chic,
150.000
Janney & 'Co——
—V.
■
Co., Inc
McCormick
Kalman
'A -'
100,000
&
Kebbon,
&
.150,000
Freres
Lazard
Lee
Co-
&
Lehman Brothers
Sees.
Mellon
The
—y
1,000,000
1,000,000
Corp...
Milwaukee
500,000
500,000
Higginson Ccrp.,
200,000
Co
Moseley & Co.—y
300,000
Newhard, Cook & Co.—
.100,000
F.
S.
<&
Hop-
Brothers &
Jaffray
Co.__
Piper,
...A
wood
Stern
Stone
Webster
&
Blodget,
Stroud
Swiss
&
Inc.
Co., Inc.——
American
Corp—
G. H. Walker & Co.—A
White.
Weld
&
Co„
The Wisconsin Co.—
Doan
Witter
Yarnall
&
&
100.000
150,000
and
Co
500,000
150,000
300,000
200,000
350,000
500,000
350.000
150,000
Co.__
150,000
157, p. 1279.
last.
Distributions
stock
20-year bonds—Series A, 4%.
3%% debentures, will be called
first mortgage
outstanding convertible
Inc.
Corp.—50-Cent Pref. Dividends
directors
account
and axle
capital
and retired with the net proceeds
$20,000,000 first mortgage bonds, 3% Series due
The
1095.
The
outstanding
the
Glore, Forgan
-V.
maturing
for redemption
of
$8,054,000
6,889,000
1942,
to
$17,362,348.
of
all
and
the company and its
31,
payable
for Federal
1943—3 Mos.—1942
St, If) 12
Oct.
Capitalization
;y'A.-A;A A A A-;Authorized Outstanding
bonds—Series A, 4%, due
A
Minority
ness
756,285
and
Debt
Other oblig.
305,614
73,575,381
y
20-year
15,
315,838
Supply Co.—March Sales—
Period End. Mar. 31—
mtge.
July
Convertible
300~00Q
Ry. Co.—Bonds Called—
of the outstanding $685,400 2nd mtge. 514e/o
bonds due May 1,
have been called for redemption as of May 1, 1943 at 102 V2 and
Payment will be made at the office of The Pennsylvania Com¬
for Insurances on Lives ana Granting Annuities, trustee, 15th and
All
1st
•
300,000
Wrest Philadelphia Passenger
1956,
Funded Debt—-
On October
654,546
•
...
and
and
3,689,950
12,158,707
Funded
plant reserve-
Accrued
Payrolls
59,387,840
141,000,000 141,000,000
1,500,000
1,500,000
24,760,575
26,308,969
88,038,878
93,188,181
compensation reserve—,
Other self-insured risks reserve--—A——A-*'Notes payable to trustee of pension
fund
Deferred
aggregated $2,787,878.
Most of the additions represent im¬
provements to properties existing at the beginning of the five year
period, the only material exception being an addition to the com¬
pany's slaughter-house facilities resulting from the leasing by the
company, in March,
1938, of a slaughtering plant in Omaha, Neb.
Gross property additions to the South American properties included in
the above total aggregated $953,503.
,
366,032,381
yVAyAAA, •'
delivery facilities. Net
sales and depreciation during the
for railroad cars and $1,272,452 for
$2,382,369
1,794~332
97,662,451
—AA~A~A———Ay-yAA-AAAA
Surplus
$111,132
AA.:;
,
Capital:
company
for land, $2,101,491 for buildings, $754,124 for leasehold
and leasehold improvements, $8,048,779 for machinery and equipment,
of
2,929,835
137,714,193
46,326,397
950,085
25,523,421
——v~A
—1—y—
receivable—
.—
Marketable securities ,A-—A- —.—A——..,
Cash and deposits (less outstanding drafts)
—
accounts
and
Notes
the
21,684,625
15,140,731
capital expenditures of
$12,670,347, consisting
last five fiscal years, the gross
and its subsidiaries aggregated
During the
151,583,910
y—A 407,609,022
Merchandise
refrigerator, stock and tank cars,A;A
business operations
.
Assets—•
Plant
and uses in connection with its various
Company also owns or leases
31
Sheet, Dec.
1942
The
Dividend
,
and services
_Y_<
-
Federal
1000.
Walker & Co.—Pays
sumes
cos.
-
of materials
1939.
Walgreen
__y.—Yw———Ay
excess
Co,—Special Offering—A special of¬
Chemical
Vick
fering
renegotiation
(less 'anticipated
Federal
A,a-^..y;AA':'A
157, p, 1278.
toy reckless promoters."—V.
'
Payrolls
1942
$
-
bonds
The
as
Years
Calendar
customers
Purchase
the
.others,
for
Account
Workmen's
dissenting opinion, Commissioner Healy con¬
Av,:Av': :vy A_" Ay.A'; AAA A A A> vA.;;/;AAAA ;A;
a
cludes:-
to
Total sales
unwilling to permit
Our conclusion in tnis
the preferred, and the process of secur¬
should not be per¬
toy the common as well as by
Income
refunds
Other
are
is
a
stock
Co., Inc.—Annual Report—
Electric
companies
Subsidiary and associated
/A'
reinforced by reason of our belief that the -whole future
program of corporate simplification and geographic integration of thr
system, as in the case of the present step in such program, will result
in an improvement of the investment position of both the preferred
and common stock.
That improvement, we believe,; should be shared
regard
paid
26
common
Bell-Telephone
A:'AA: Ay
conclusion that the allocation provided
have reached the
we
the
in
for
Co.—10-Cent Dividend
during 1942 were as follows; March 27,
Govt,
S.
v.U;
V'
A
picture,
be seen
14-year
period amounted to $51,525,951, of which $38,700,000 is applicable to
Power's preferred stock and'the balance of $12,825,951 is applicable
liberal
March
on
value
par
Consolidated
preferred
$6,185,000. the average adjusted consolidated income applicable
way's common stock for the period 1937-42.
However, it
Steel Foundry
-
Ripley & Co.
The bonds are
A
Co.
Inc., and Goldman, Sachs &
at 100 and accrued interest.
of
(net);.-
Sales
period 1929
Power's common stock.
no
Western
requirements since 1932.
Consolidated earnings for the
through 1942, however, as may be. noted, present a different
showing a net balance applicable to the common stock.
It will
that indicated undistributed
consolidated earnings for the
to
company
the
and
such as that suggested here, the best we can do is.
to determine what assumptions are necessary to arrive at the alloca¬
tion, and ascertain whether such assumptions fall within the per¬
missible limits of reasonableness.
V "
A"'' . '
will
report to stockholders
157,
dividend of 10 cents per share
holders of record March 13.
15 cents; June 27
Sept. 26, 10 cents each; and Dec. 29, 15 cents.—V. 155, p. 2376.
The
on
Distributions
allocation of assets
corporate
usual."—V.
as
the semi-annual
p. 1095.
that
anticipated
issued
West Michigan
-even
Power's
to renegotiation and
the short period of
months of the year, we have concluded to omit our
income report for the first quarter of the current year.
three
is
"It
be
y^AA:',,; :A>y A -'Ay,,
earnings of the system,
and
first
the
elimination of
corporate entity and from the receipt of a
more direct investment in the underlying assets
expensive
and
useless
But,
Co. Inc., Harriman
garten & Co., Blyth &
volume
"Our
satisfactorily.
usual unaudited
measured not
security representing a
the offering are Smith, Barney & Co. and Glore,
Forgan & Co., as managers of a syndicate of 41 firms
throughout the country.
Other principal underwriters
include Lehman Brothers, The First Boston Corp., Hall¬
ing
making appropriate adjustments and giving effect
taxes so as to accurately reflect the earnings for
of the claimants if their rights are
in
terms of the situation created by the statute but rather in teims or
the situation terminated by it—i.e., as though no liquidation were to
take place.
In this way each class of stock will be accorded its pro¬
portionate share of the benefits to be gained from the
a
all
to
given
in a notice to the stockholders on
of production and operations have
in view of the accounting problems of
& Treas.,
Pres.
stated:
31
continued
aAaA'1
Ayy-A-;
of the common.
expense
Vice
Zern,
A.
March
Quarterly Report—
Pump Co.—Omits
Wayne
E.
not only
power of
applicable
enrich the preferred at the
Head¬
companies.
packing
meat
large
the
of
one
sched¬
A further Federal court hearing is
to consider the master's report.—V. 157, p. 648.
report on or before May 25.
amount, so as to entitle the preferred stock
to all the assets but also in perpetuity to the entire earning
those assets—a portion of which would otherwise have been
their full face
at
for expense.
and to file his
for compensation and $15,911
to begin hearings on April 5
directed
Black is
Master
into matured claims
and translate them
accelerate the arrearages
To
common
does not
and does
the lapse
total $248,321
claims
These
liquidation, for dividends to be payable to the
accumulation of preferred dividend arrearages
constitute a matured claim in the absence of liquidation,
not require compensation to the preferred stockholder for
of time which may precede payment,
.. /
; , ,
of
absence
Mock.
&
Co., Inc.—$20,000,000
Wilson-Jones
The
share
directors
on
the
Co.—Interim Dividend of 37Vz Cents—
have
declared
stock,
common
interim div'dend of 3714 cents per
payable May l to holders of record
an
An interim distribution of like amount was
last year,
which was followed by a final payment
share on Nov. 10, 1942.^—V. 157, p. 560.
April 24.
Worcester
Salt
made on May l,
of 75
cents per
Co.—Liquidating Dividend—
of $121.4267 per vshare was made on
capital stock on March 20, 1943. See also'V, 157, p. 1280.
A
liquidating distribution
the
@FedFRASER