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V..
AUG
MONDAY
A0«»
U3.
1 2 1946
Beg. U. S. Pat. Office
Volume 164
New
Number 4515
General
RAILROAD
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 60 Cents
York, N. Y., Monday, August 12, 1946
INDUSTRIAL
■
INSURANCE
-
MISCELLANEOUS
-
'
f Aetna Music
Corp^ Baltimorei McL-^iles With SEC-+
The company on Aug, 2 filed a, letter oi notification with the SEC
Yor 600 shares, of $10 par common stock.
Offering price, $10 a share.
Jftoceeds for; expansion
' \rytl «•'.
|
i
I
of business;; Issue mot underwritten;
7.:
■
Aircon Mfg%
*
\
-
..'V-
V.\*
;
Duncan
;;;•
W.
"
$1,400,000 to about $850,000 a year,- and. that the conversions
feature of the preferred shares makes possible a reduction of -charges
to less than $500,000 a year.—V. 164, p. 550, . ... i ; ; ;
^
J r
,
■>; •"'.v:
portion of the stocks, plus 3% as the1 equivalent of the under*
spread of profit.
/
writers'
from
Non-depositing preferred stockholders will be paid off in cash within,
six months after the exchange date under the voluntary offer.
The-liquidation value of
.
k
Co^Receives $2,963,683 Tax Refund—;
Repays Bank Indebtedness^-
15%
Praser, Chairman of the board of directors, explained
plan would reduce the company's fixed charges-?
that. the. refunding
stock.
the^pTeferred■ stocks is par plus dividend
$43.57 a share on the $6 stock wnd $36.31
arrears, which total
tin
v
The corporation-has wecdved; a refundrof A2,963,683 from the U.
Government in settlement of its recent claim, filed in accordance with
the
OH
\
the $5 stock- it 19 110 and arrears;
$5
Cair price :of
ther $6* stock
is
115
and
share
a
and;
arrears
<
♦
the "carry-back"
Internal Revenue Act,
provisions of the
f
:
RESULTS FOR 3 AND 12 MONTHS ENDED APRIL 30
in
.
to recover
Period End. Apr; 30—
losses sustained in the fiscal year ended April 30. last.
I»a.—V, 164, p.
270,.
,
,
„
v
.
^ew YwkJStMk^xchahge (Slocks)!-;«i._^-. 833
New York Stock Exchange; (Bonds) —844
New York Curb Exchange
849
Baltimore Stock Exchange^^--—,J—— 854
1944
.Net
from
$3,363,176
railway——
*15,477
Wet ry, oper. income—
*361,151
Prom Jan.
Gross
14,246,358
553,576
Net ry, oper. income—
*1,403,878
•Deficit.—V. 164, p* 145.
19,424,879
6,518,410
railway™».»
Ket from railway™.,™,.
from
American Brake Shoe
Net sales
Income
Deprec, &
for
deprec.,
■
1946—6 Mos.—1945
'
,
,
-
,
8.
775,720
825,000
865,000
825,000
of
$654,137
$1,346,127
$1,347,992
common
$1.12
.
,
$1.37
$0.66
Net
844
Investments—
.
not
*
-
„
V
,
consolidated-
.
.
860,214
———.
———
stock
——.
(5y<%)
$4,912,127
1,511,281
1,238,760
—
88,000 shares
796,406
Common stock,
-Capital ■ surplus
shares.
$4,741,280
-
1,170,924
1,238,760
9,800,000
9,800.000
12,886,225
12,886,225
-7,074,313.
7,074,313
11,055,893
—
:■
-
11,547,466.
••—^
$48,970,17$ $47,967,395
164, p. 413.
<
,
'
Machinery Co.—Co-Registrar—
The National City Bank qf New York has been appointed
co-registrar
for 900,000 shares of the common stock, $20 par value.—V.
162, p. 1386.
'
American Locomotive Co.-r-New Stock Approved—
,The stockholders
>
($100
Aug. 6 authorized 100,000 shares of prior prepar)
and 100,000 shares of convertible second;
on
preferred stock ($100 par) as well as an additional 222,223
$1 par common stock for conversion requirements.
v:
The
proceeds
from
the
sale
of
shares of
j
'rvv".;.'' '■
According
to
to
3,952,864
-
23,134.269
5,597,057
5,937,350
23,910,438
17,196,919
85,017
31,705
^
35,i86
—-
-
<
3,646
,
v
6,912,087
3,949,218
23,825,421
17,165,214
6,812,087
•
35,320
3,949,218
133,879
23,825,421
17,165,214
388,004
331,527
6,947,407
V 85,775
.
the
'•1
resolution
approved,
the
UW;Wip«f
;
be
4,083,097
24,213,425
17,496,741
dividends
on
the
preferred issues will not exceed 4y*%.
surplus
-
512,497
432,647
1,388,515
85,169
2,262,021
^
555,583
r:
77,800
I;
303,400
which
22,227,244
14,498,673
6,729,013
3,378,178
17,513,244
13,485,673
would
—
dividend requirements applicable to respective periods whether
or unearned,
tlf there should be excluded the net effect of
•Full
extraordinary non-recurring lax reductions and related special charges.
for
Federal
taxes
on
income
of
the
subsidiaries
are
lower by $12,671,000 and $1,533,000 in the 12 months period
ended April 30,1946 and 1945, respectively, as a-result of non-recurring
deductions from taxable income arising from the refunding of the
—. —
—
3,378,178
consol.
to
surplus
ANOTE—^Provisions
mm
6,729,013
____
Condition; Statement of Member Banks of
Federal Reserve System^——— 'm» 'mm '.4*
W; 865
Auction Sales
865
—
bonds
of
certain
subsidiaries
and
the
effect,
in
consolidated
tax
7
charges
American Power & Light Co.~~Plans to File Preferred
tions"
of the
Sold—
are
in
periods
Retirement Plan—Part of Holdings in Subsidiaries to Be
included in the item "interest to public and other deduc¬
the
ended
amounts
April
company
also
of
30,
$8,399,000 and $520,000 in the 12 months
1946 and 1945, respectively.; Income taxes
lower by $442,000 In the 12 months period
were
ended April 30, 1946, as a
retirement.—V, 164, p, 550.
It is expected that the company will file with the Securities and
Exchange Commission-in. a few days a Plan for retirement of its;
result
of
the
company's
debenture bond
\
-
.
(
„
American Water Works & Electric Co.,
The plan will be fixed under section 11 E of the Utility Act, with
bo vote by security holders necessary.
*
s
The first step in the plan is to assign a value for the "bundle of
rights" claim of holders of the 793,581 "shares of $6 preferred and
978,444 shares of $5 preferred stock, and to have this value approvedby the SEC and ordered effective by the Court.
Following this step, the company proposes to sell at competitive
bidding 15% of the common stock of each of the following subsidiaries:
Florida Power & Light Co., Kansas Gas & Electric Co., Minnesota
Power & Light Co., Montana Power Co., and Texas Utilities Co.
v:-.v;
:
Power
Inc.—Output—
output of the electric properties of
this company; for: the
1946, total 84,103,000 kwhs., a decrease of 4.26%
output of 87,845,000 kwh's. for the corresponding week, of
164, p. 677.
Ayeek. ended Aug. 3,
under
the
1945.—V.
<
Anchor Hocking Glass Corp.
,
v
American
holds
the
entire
common
stocks
except Montana, in which it owns 99.7%.
This
sale
at
competitive
subsidiary stocks.
American then
bidding
will
of
'
-
fix
these
all
a
subsidiaries
-
-
value
will
make
t
,
(&
Subs.)—Earnings—_
12 Months Ended June
30—;
"
'
Net profit from operations
:i
Provision, for ; income and excess profits taxes
- 1946$7,519,495
4,020,328
1945
$6,363,837
4,573,969
v
;
,
' basic
.
for
.
-
these
Net profit
—
$3,499,167
Earnings per common share after pfd, dlvs.^—»f
•
$4.49
*.
voluntary offer of the 85%
unsold
portion of these five subsidiaries' common stocks to holders of its $6
and $5 preferred stocks in exchange for their "bundle of rights" at
$1,789,868.
■
the
plan.
;
\
:
depreciation and all -other,^
including income and, in 1945, excess profits taxes.
Provi-.
NOTE-r-Deduction
charges,
has
been
made
for
sion has been made for Income taxes for the six months ended June 30,;
,
the purposes of the exchange offer, these subsidiary stocks will
valued at the price received by American from public sale of the
1946,
Of
in
accordance
1945.—V. T63
p.
with
the rates
by the Revenue Act
;V•
established
3279.
SPECIALIST IN
RAILS
q4llen& Company
Established 1922
Telephone'. HAnover. 2-2600
STOCKS, INC.
DIVERSIFIED
INDUSTRIALS
| INVESTMENT FUND 1
.
MUNICIPAL DEPARTMENT
80 BROAD STREET
NEW YORK
ELECTRONICS
& NEW JERSEY
NEW TORE 4, N. T.
Bell Teletype: NY 1-57$
,
Kobbe, Gearbart & Company
-'V;•'7:;:'7;
INCORPORATED
;V
,
„
PROSPECTUS ON REQUEST
HUGH W. LONG and COMPANY
Uembert New York Security Dealert Ataoclatton,,
45 NASSAU gTREET. NEW YORK 5
Telephone
Rhetor 2-8600
$2.14;
a
For
be
Municipal Bonds
re¬
turns, of the retirement of the company's debenture bonds. Special
charges for acceleration of amortization of debt discount and expense
were
made by subsidiaries which refunded their bonds in amounts
approximating the tax reductions resulting from the refunding. Such
the value to be set forth in
new
71,536
Cr36
132,655
carried
earned
.
the
preferred stocks, along with
$3,000,000 from the company's treasury, will be used to redeem the
wutstanding 200,000 shares of 7% preferred, stock, callable at $115 a
share,
6,947,273
.
-
tBalance
i
,
.American Laundry
stock
1,411,148
public—
earned
preferred stocks.
Total
■>, ferred
——
29,507,495
POWER & LIGHT—^
AMER.
Balance,
$48,970,172 $47,967,395
payable and accruals
"If. S. income and excess profits taxes-——
,
20,700
5,364,284
1,411,420
Interest & other deduct.
AXJABlLTOEsS77^
"
to
Foreign Exchange 'Rates—• 865
Federal Reserve Banks—: 864
389,515
2,097,423
15,414,601
1,727,753
17,071,528
Accounts
•
823,719
-
8,358,421
applicable
Expenses
——
^
1
—V.
1,500,343
"
66,704
equity (as above)™
Other Income ———v
Sales—^ 871
■»
;
companies
(less reserves)
surplus
146,414
-
,
—.
equity
,
assets
Named
15,499,229
Net
Redemption Calls; & Sinking Fund Notices— 864
Dividends Declared and Payable^^
865
The-Course of Bank Clearings—— 862
mm
.
20,165,990
402,935
of company in inc. of subs..
844
State and City Bond Offerings and
,
Preferred
3,480,409
2,674,645
„
General Corporation and Investment News^ 821
$1.37
.
,
Reserves
39,457,217
Income taxes
COMPARATIVE BALANCE SHEET
Other
from
or
minority interests
Miscellaneous Features
/*;:
■
■■
O
June 30,'46 Dec. 31, *45
———————————————————w————$6,048,768. $3,897,090
tL S. Treasury tax notes and excess profits tax
v
refund bonds
6,649,464
1,520,604
ftcceivables (less reserve).^—
7,633,705
6,219,658
Inventories
™w;
11,491,487
10,484,376
V, S. Treasury tax refund claims
mmmmmmiU4*«*'*»—
'
2,109,420
2,109,420
Deferred charges and sundry assets—-.506,693
705,847
-Subsidiaries
51,194,528
etc.,
reserve
divs.
Total
—
Fixed
449,824
8,991,107
i.—
Portion"
«
outstanding
ASSETS—
Cash
617,985
—.
;! Balance-
Exchange-— 844
Stock and Bond Averages—
1,549,801
39,007,393
fe 139,842
income
profits taxes
share
•Pfd.
?1,925,000
:
to
Balance
861
-
Transactions New AYork Stock Exchange
4.822,793
public,
franchise
Exchange—858
Over-the-Counter Markets
,
3,106,231
935,104
$1,016,891
U.
Stock
to
Transfer
Toronto Stock Exchange—Curb Section—~ 860
"
50,576,543
—
Exchange—858
Transactions New York, Curb
2,294,857
2,313,808
*471,917
Net income
.etock
Toronto
Co.—Quarterly Report—
Curb
8,851,265
(net)
deductions (net)
857
Montreal
11,177,238
11,485,177
17,528
Amort, of plant acquisition adjustments
856
Montreal Stock Exchange—^
2,402,532
10,376,157
10,687,315
-
St. Louis Stock Exchange
7,511,661
2,252,893
1946—3 Mos.—1945
profits taxes
amortisation
ft excess
Per
6,152,073
.
2,768,326
2,591,187
income
Interest
—
^
18,295,541
18,455,342
and U. S, inc.
excess
^
*
214,808
10,680,673
2,630,042
revenues™
oper.
Gross
Exchange,
-
$19,565,889 $21,469,527 $35,317,425 $43,723,496
before
amort,
Prov
1.233.088
Stock
-2,439,202
2,439,202
"
"
23,730,385
9,013,592
<
7,255,002
■'
—855
855
Los Angeles Stock Exchange
855
Philadelphia Stock Exchange.
i 856
Pittsburgh Stock Exchange^
856
Detroit
$3,113,397
-
.
'
approp-
Other income
Stock Exchange..-
Cleveland
1943
'
.
$3,301,502
————
reserve
Net
Boston Stock Exchange—---—-^————-'854
1—1
Period End. June 30—
tion
Chicago Stock Exchange_-«-:.*-^^-.-,«,-^^- 854
Cincinnati Stock Exchange—
855
1,089,136
1,167.821
475,682 >268,047
$2,175,836
taxes
,,v
^4,983,045
'2,802,760
Prop, retire, and deple¬
«...
1945
from railway.—
Other
r'^rv^.%'- '
34,107,562.-136,300,820 138,174,37$
12,970,906 < 53,980,132
54,345,770.
11,502,705
Ing extraordinary non«
recurring reductions)
■
,
35,257,279
13,356,255
revenues.;—
Operatng- expenses ^-Federal
taxes
(reflect-
.
Page
Alton RE.—Earnings—
Cross
Operatng,
Stock and Bond Quotations
-
effective July 16, 1946, the relocation of
Henry W. Oliver Building, Pittsburgh 22,
company announces,
Its executive offices in the
1946—12 Mcs.—1945
^suBsiDiAMEs^|fI;S^:'l|;$;:^;^t;#
Allegheny Ludlum Steel Corp.—Relocates Offices—
The
1946^-3 Mos.—1945
.
*
In announcing receipt of the payment, R. C. Walker, President, said
that it represents a refund of excess profits taxes paid in the fiscal
years ended' April 30, 1942, 1944 and.' 1945.
Part of the refund
has been used by the corporation to repay
£1,025,000 of its bank Indebtedness, reducing the latter to $2,000,000,
as of Aug, 1.
Its working capital, giving effect to this debt repayment,
approximates $2,000,000, Mr/Walker; said.—V.164,p. 549.
Philadelphia Telephone
Enterprise 0015
'
Bell Teletype
New York 1-570
INCORPORATED
48 WALL STREET
NEW YORK 5
7
634 SO. SPRING ST.
LOS ANGELES 14
822
THE COMMERCIAL & FINANCIAL CHRONICLE
The
springs.
$1.75 Dividend^--
Aug,
on
6
•
In
are
The
of
St.
offered
has
It
cancel
to
in
claim
its
,
Commission's valuation figure as of
and betterments to date, less depre¬
ciation.
When this Is done, the general: balance sheet as of Jan. 1,
1946, will show total assets, less depreciation of $2,646,395, its lia-.
bilities other than capital stock will be $274,308; its capital stock,
-10,000 shares, $1,000,000; its funded debt $645,000. and its surplus.
$727,087, instead of the present deiicit as of that date of $2,498,128.
The proposed bonds will be secured by a new first mortgage to be,
made, to "the Florida
National Bank Jacksonville, Fla.f as trustee.
They will be dated June 30, 1946, will be in denomination of $1,000
each, will bear interest at rate of 4%
per annum, payable semi-^
annually, and! will mature, serially in amounts of $10,000 on, June 30
of each "year beginning
in ly4/, and ending June 30; 1997. They
will be sold for cash at 99 to Clyde C. • Pierre Corp., Jacksonville,
Fla., and Leedy Wheeler Co. of Orlando, Fla., and the proceeds of
with other available cash, will be used to pay the $645,000
obligation in respect of advances made by the St. Joe Paper Co,1
On this ; basis thev average;':annual cost of the proceeds will be ap$638,550,
proximately 4.07'/s.—V. 149, p. 4018.
'
'
stockholders will vote Aug. 26
The
which
the
stock will be
on
Split
split four for
tinder
the
volume
and
present
when
of
volume
stated.
Frantz
Mr.
years,
materials
business,
They will
become
which
readily
exceeds
greatly
also provide
more
funds for
available,
Gross
profit, from sales—
general. and administrative expenses
Net
profit from
their
over
will
of
Other
.
for
period,
ASSETSr-Gash»
•
f
render
value
of
•$5,331,707.—V.
$434,250;
surplus
163, p. 2518.
from
Net sales
$1,125,859;
sur¬
total,
»-
<-•
•
Authorized
-
cumul. preferred stock (par $100)
tCommon stock (par $10)—_—
:
'Pursuant
to
resolution
a
held July
16,
1946,
income
&
„v
-
the
board
issued
725,000 shs.
of
directors
at
the
stockholders
$566,517
include
authorized
but
shares
HISTORY
facturer
of
issued
unissued
selling stockholders
AND
are
and
reacquired by the company
and the shares being sold by
shares,
issued and outstanding.
/
-
BUSINESS—Company if. the largest domestic
precision
springs
for
mecharucal
It
purposes.
has
and
the.
manufacturing
In
its
plant at Hamilton, Ont.
spring
manufacturing
plants
.
the
of
is
$520,385
-
of
shares
be
to
vary
to
from a few units to several million^.
Company ydoe$
produce leaf springs, upholstery or bed springs,'or railroad car
in
amount
purchased
«
—
stock
Co.—
&
8^00
Johnson.
8,500
"
551.
p,
2,000
Co.,
Space
Lane,
Inc.
had
been
be
redeemable
dividends
increased
from
c*nts
25
share
a
to holders of
1946,
directors believe
for
164, p. 415.
if
on or
after
before
'
v w
■
other
called
called
.
than
on
or
sinking
fund
before July
For the
that date.
at
purposes
1,
1951,
and*
sinking fund,
July 1,1951 and $103% thereafter.**
;
,
.........
.
and
July 31 unveiled its new Beechcraft "Bonanza,"
all-metal, single^englne monoplane, designed for bus!-"
personal
and
use
sell
to
for
$7,345,
"fly-away
Wichita."
miles,
a
of 750 miles, and is delivered
range
instrument
flying.
Aug.
5
H.
the
on
complete for day and
*
Beech,
Model
'
•
^
:
President,
regular production will be
twin-epgine airplane. Construction,
18
.
and
1,000
Co-Registrar Appointed—
The Guaranty
Trust Co. of New York has been appointed co-regis¬
common
that
the
has
time
semi-annually
record Sept.
arrived
for
5,
result
a
under
!
Aug.
:
the
of
the. offering
recent
to
offerings
common
•
under the
stockholders,
exchange
which
plan and
offerings expired
the
7,
13,500 shares of 4.20%
cumulative preferred stock and,the 15.000 shares of common
stock, offered on July 23, will be issued
as follows: '
r
V
^;
"■*
4.20% Preferred 8tock—-
liberal
more
a
As
75
to
1946.
stock, no par yslue.-r-V, 164, p. 551.
Black Hills Power & Light Co.—Subscriptloiis, Etc.---
,
•
^
peak of
*
be
5,876
1
sold
by the company
to* the undar writers^
shares mot available under exchange plan
be sold by the company to the underwriters_____
Additional
Total
Common
2,624r
to
;
•
_
5,000
*
...
offered
amount
V
'*
Shares
s
Shares to be issued under exchange plan—
Shares not exchanged under exchange plan.to
:
13,300
Stock—
;•
"
*
-
1
"
*'■
"
.
referred
to
the
recapitalization
of
Franklin
&
Simon
Co.,
Shares
to be issued under offering to com. stkhalders.
Shares to be sold by the company to the underwriters.,
Total
Inc.,
$2,862,914 when Franklin Simon retired 21.339
outstanding shares of old preferred stock, of which Atlas owned 18,03d
shares, or 70% cf the total.
"The
company's
103,186
stock
shares
that
of
of
interest
Franklin
in
Of $2,270,092,"- Mr, Odium continued.
"The entire holdings, of Atlas in Bonwit
96%
the
of
is
outstanding stock,
have been
had
a
INCOME ACCOUNT FOR SIX
*
Thcome^MdehJs?
•
r„.„rv
income
Expenses
Hoving
the
to
company,
122,610
$52
$839,019
481,674
,
$827,802
profit
securities
on
sales
on the
of
1944
.
$127,669
•
t
389,411;
.
'
450,073
—V.
'
8.QQ0
;
ASSETS—Cash,
accrued,
which,
market
$569,744
$2,208,075
*$600,932'
515,566
515,628
516,372-
570,976
585,396
602,239
';
$290,202 in
FINANCIAL. CONDITION,,. JUNE 30, 1946
$6,267,774;
dividends
.
and
receivable
accounts
quotations
...
subsidiary
$30,308,333),
companies,
$2,519,206), $12,426,883; other
$3,727,651;
assets,
at
$69,087,245;
investment
management's
in
-
The Sterling National Bank & Trust Co., New York,
Brunswick-Balke-CoHender Co.
6
lllo'nths Ended
Net
sales
.
June 30—
(&
realized
563,633;
appreciation
common
earned
of
1946
1945
2,774,889
$6,279,221
1,894,308;
2,606,494
1,917,101
profit on sales
Selling, general and administrative expenses,-*
t
Gross profit
Total
ma¬
valuations
(cost
;*'
at management's valuations
(cost
:
other
Profit from
on
wor
Provision
of
•<-
prior period costs -incurred
contracts
for
terminated
Federal
*$22,793;
109,895
operationSL-_*.,,__
Reimbursement
■
$168,395
income.
taxes
on
in
March,
102,028
$278,290
J
: $79,235-
1944
Cr82,452'
income_^„
103,009
.
50,000*
,
-
assets,
stock -(par
surplus
Subs.)—Earnings:
w
*
payable
and accrued expenses,
$183,582; f?
Net
provision for tqxes, $152,827; provision for Federal income tax on
profit—;
the taxable
*
profit which might result from realization of net un-"»/ y *Loss.
$500,000;
\
N, Y., has beeifc.
$7,742,140;
4
—
Gross
and
total, $92,132,200.
LIABILITIES—Accounts
1,008*013,OQOn
(
portfolio holidays, representing securities
quotations are available, priced at June 28. 1946 K
(cost
1,113,056,000
company has called for redemption on Sept. 7, next, $4,760,COO
25-year 4% sinking fund debentures due Sept,- 15, 1969 at 105% and
interest. Immediate payment of the called debentures may be obtained*,
in
full, upon presentation and surrender of said debentures at the
Guaranty Trust Co. of NeW York, trustee, 140 Broadway* New York*N. Y.—V. 164. p. 552.
$622,607;
market
jority-owned
OF
1,278,676,000>
■
1,031,410,000
Brooklyn Union Gas Co*—Paitlal RedempUon-^-
from
: STATEMENT
)
?
dividends
-
1,514.271,000"1,432,209,000"
1,274,745.000.
of
1944, $1,030,730 in '
majority-owned subsidiary companies (also in
1944, $47,840 interest),^ ^Including $4,239,836 wi(h respect to majority r
owned
subsidiary companies and $315,569 proceeds from sales of
securities previously written oft,
\
1943
164, p. 272.
1,459,561,000
1,331,090,000
1,177,988,000
1,100,842,000
The
?
86,200
3Q.Q00
^
'
•
s
'
-
♦
631,38$♦1,133.743?
.
1,619,933,000
,—
?;;
1945
1,810,939,000'
appointed transfer agent for the capital; stock.—V. 134, p* 859.;
..
f
1946
Broadway-New Street Corp.—Transfer Agent—
$1,219,016'
$1,406,687
,
39,000
J'-i
•
,1,771,159,000
JugQ:,
July
477,348
.
-
•
March
$1,796,098 ' $1,696,364
.
17,71^.5415V
A
Co.—Monthly Outpui-*
(In Cubic Feet)-—
January
F.ehruqrY
94,713 V
3,716
'
'
.
.
1946—7 Mos.—1945
$2,631,000 $36,102,994 $26,166,134*
April
"
Of average cost-----^
Proy, for Fed. inc. tax_
,
1946,
1943 $1,576,905
116,796 '
2*66«
'
$1,697,670
.
hqsi$
1946—Mbnth—-1945
*.$4,349,425
Boston Consolidated Gas
.
Corp.,".
subsidiaries)
.
411,330
Profit;
Net
-
,
$1,289,476
—
31-V
.
teller; Inc., vconsisting.of
sold
1945
$415,857
•
$1,254,601
34,875
15.000
—v. 164. p. 416.
MONTHS ENDED JUNE 3Q
(Corporation and its investment
offered,
5.57S
Bond Stores, Inc.—Sales Increased 65.3%—
Period End. July
Sales
market value
he said.
"A part of this transaction took place prior to June 30,
and the balance occurred during July."
'r
"
now
stock, 47.09% of
which on June 30, 1946,
company,
.
represented .by
the outstanding common,
Simon
common
amount
9,424
-See V. 164, o, 551, ;
and said Atlas received
tTotal
■
If
,
payable Sept. 20,
new
Androscoggin
Be Listed
fOOQ.
——
will
four-place,
approximately $41*37. a share as of June, 30. 1946;
a year earlier and
compared with $3444 $
At June 30 the company had an earned sur¬
plus ol approximately $8,600,000 and a capital surplus of approxi¬
mately $22,500,000, as well as unrealized appreciation in securities
amounting to approximately $46,000,000.
Mr. Odium emphasized that following the proposed sale of 400,000
shares.of R.K.O. stock. Atlas would still own 929,020 shares of com¬
mon stock and opticn warrants to purchase
327,812 additional shares
of R.K.O., constituting? the ^largest ^single investment of Atlas.
a
of
Birmingham Electric Co.—Common- Stock to Be Dis¬
tributed. to ..National Power & Light Stockholders—
on New York Stock Exchange—Dividend Outlook—See National Power & Light Co.^ below^
r
5,000
CO
Hincks ,Bros. & Co.; Inc.—:
Co._^
&
164,
,
was curtailed several weeks
ago because of the shortage of component'
parts, and materials caused by suppliers' • strikes*—V. 164, p. 551.
5,000
Fahnestock
Webber, Jackson &
,
Manufacturing Co., and'
Upon completion of the present financing
Co. .will have no> bank loans outstanding and'
According to Walter
5,000
Keergaard, Miller <Se Co.__
Trask & Co.——
&
.
-
and
resumed
5,000
Spencer
—% 8.50Q
-
Co.
and accrued dividends
per hour,
night and
7,000
Co.——
McDonald 8$ Co.—
7
'
9,000--
——
2.
is already under way on the new model,
which represents
the. entry of Beech into the moderate-priced plane market for the
fir-t time in its history- The plane has a cruising speed of 175
'
&: Co.&
.
Production
8,500
W- Scran ton & Co._
Andrews
voted
The corporation on
a
Shares
T.
Group,
Beech Aircraft Corp.—Unveils New Plane—
No. of,
Coo'ey
Insurance
the acquisition by Bates of
properties
Edwards Manufacturing Co., Hill
the ca'l price is $104%
respec-
Shares
1346, the stockholders of thia-
American
with
$105
—V.
$1,394,365
by them,
July 25,
The
annual
$1071/2
follows:
& Webster Becurittss :
Corp*
for
produce practically every type of spring requiring precision engineering;
Its products range in size from fine hair springs for watches to
large
springs for heavy machinery, and its output of a given spring may
»ot
The
the several underwriters,; aim the??
stock
common
of
will consist sorely of the 45,000 shares of
4»/2%
pre¬
and-331,500 shares of common stock.
^
sinking fund is provided for the new preferred
stock,
beginning in 1648, amounting to 4% each year of the aggregate par
value of the largest amount of preferred stock
previously outstanding.-
2,552,405
$1,295,658
J.—►
N,
price of $102.75
a
Manufacturing
An
261,968.
' 2,374.870,
Newark.
by
capitalization
"|V
1343
■
Co.,
under
Manufacturing
Bates
$4,208,739-
153,241
.
$1,153,85?
of
names
"'"%■;
interest
equipped
^
•
par, value was made Aug. 9
underwriting., group headed by Cofxin & Burr,
The
York
■
__
as
$2,959,423),
company
"
from;JuIy 1, 1946;
nection
Mills,
147,490
$3,829,770
1,824,839
'
E.
spring
;
capital
.
.
Proceeds of thi? financihj together with other funds will be used to
a bank, loan .of, $4,600,000 obtained
in December, 1945, in con¬
taxes
.
manu¬
manufacturing plants at Bristol, Conn.; Chicago, III.; Detroit and Ann
Arbor, Mich., and Corry, Pa., and a. cold rolling mill at Bristol.
Its
wholly owned subsidiary, Wallace Barnes Co., Ltd., has a spring
working
r
ferred stock
162,830
>
134,703.
,
5, the shares of common stock (par $25)
were split on a 2V2-for-l basis,
and the authorized common stock wa$
Increased to 1,500,000 shares (par $10).
The shares-being sold by thq
company
P.
.
affiliate
charter
on
by the underwriting, group;
$4,081,249
a-
June
•
-
pay
if
.
$3,666,940
$3,113,403
45,669
the
held
and
•
common stock.
All the shares not purchased
by.
the common stockholders will be offered to
the public *
?
160,043
Chas.
and
powers
prohibit
are
corpo¬
,,
53,266
-
& Trust Co.
not
-
r
$2,953,355
—
does
1344
$511,251
to take such action have been given to Chemical:
Net. inc. for period-^ $a,5Q3.340'
Company's certificate of incorporation, as amended, tk Preferred dividends
243,711
reissue of redeemed preferred stock, but the'
Common dividends540,529
company has no present intention of reissuing such stock.
>
tlncludes $42,279 in 1945,
tOn June 3, 1946, pursuant to action taken at a special meeting of-
Bank
subsidiary
new
1945
,
exp._
Canadian
tively, are
None
1,500,000 shs.
adopted by
(a) all the
equipment
>
-
•
.
and
21,215
prior preferred
stock, $1 a sharte.
common
of its
.
-Calendar Years-—
■.
■
Miscellaneous
Outstanding
S.QOOshs.
.
-
stock
convertible
per share plus accrued divi¬
The 45,.000 shares of this issue
to be first offered by the
company-to* thej holders
dends
$7;99i,6^3 ?$23;865,144 $29,599,694 $?0,72d#27t
6,591,371
18,833,454
23,83.9,532
24,838,443:
889,039
2,078,324
2,033,221
1,831,134?
>
operating profit
Interest
outstanding pre¬
ferred stock has been called for redemption as of Aug. 15, 1946, at
$115 per share;
(b) an amount equal to the. redemption price hasfceen deposited with Chemical Bank & Trust
Co.,. New York, in trust '
for such purpose; and (c) all steps
necessary to the call, redemption,/
retirement and cancellation of such stock either have been taken or
irrevocable
organized
it
1940
---
..
machinery,
'
preferred
prices,
$100 a share;
preferred stock of $100
An
Inc, at
at
number
":
CAPITALISATION, GIVING EFFECT TG PRESENT FINANCING
*7%
■;
by
corporation
up $l?.03 from $24:34
share on Dec. 31. 1945.
PURPOSE—Net proceeds from the sale of the 54;690 shares of com¬
mon stock being sold by the
company will be used to finance a pro¬
meeting
& adm.
gen.
Net
to
; ? Chemical Bank & Trust Co*, and J.
Morgan & Co. Incorporated'
liave been appointed transfer agent and registrar,, respectively, effective.
Aug. 1, 1946.
Company has acted as transfer agent and Bristol Bank
& Trust Co. as registrar, and
they will continue to act as such,- in
•conjunction with the new transfer agent and registrar, until Aug.
31, 1946.
*
'
.'?■■
York
New
they
May 31, *46
Cost of goods sold
He
•
t
Bates
tiye
dividend policy," he told stockholders.
"It is the present expectation
that the dividend for the first half of 194? will not be less > hap', this
dividend presently declared for the last half of 1946."
■.Indicated asset value of the common stock of this corporation rose
Spring Corp. — Stock Offered—Lee Hig-'
ginson Corp. on Aug. 6 offered 119,690 shares of common
stock (par $10) at $30 per share..
Of the stock offered
54,690 are being sold by the Company and 65,000 shares
by six stockholders.
posed addition to the company's plant at Bristol;-
A,
;
Manufacturing Co.-t4 Vz Vo Preferred Stock Of¬
fered—Public offering of a new issue of
4%% cumula-
13
EARNINGS'(INCL. SUBSIDIARIES)
(after.returns
I and allowances) ' sM
"The
Associated
■
which
Jan. l.J48
stock
$5,331,707.
operations,
V
;;
•
p.
iv
Concurrently with the issuance of the semi-annual report, Floyd .B.
Odium, President, on Aug. 6 announced the dividend on the common
life
total,
over
adding thereto authority-to write lire and
tnc broadened powers granted New
Jersey com¬
panies, other than nfe, by legislative amendment in
1945.—V. 159,
■
LIABILITIES—Accounts payable, $621,718; reserve for Federal taxes
on
income, etc., $711,557; reserve for contingencies, $10Q,815; V/2 %•
cumulative preferred stock, $1,500,000; capital stock, common, $837,500;i
surplus,
the
of
sued
company "was,
its
/Atlas Corp.~-Tripies Dividend—Semi-Annual Report
192,500
$102,530;
Oxtering
Indemnity Insurance
masses
trar for the
insurance, $41,980; inventories, $1,702,577; invest¬
ment, Aro Oil and Gas Corp., $666,847; other assets, $83,464; property,
plants and equipment (net)", $530,316; intangible assets, $28,172; de¬
paid-in
OF
to
$182,863
ferred charges to operations,
non-convertib.e
common.
casualty
amend
marine
wasf^^dissolved,%:'jn;t?29p,th«i company's
companies,
in
States
SUMMARY
Putnam
'
$1,273,727; aocounta receivable, $902,093; dash
^
special" meeting,: heM'
a
company,
,to.
en¬
assuming, their;, liabilities; To prots't thq goqd-i
liquidated
■Curtis
121,908
—
,
securities
York"eorparatiom
the
Estabrook
39,281
BALANCE SHEET, AS OF MAY 31, 1946
,
had
At
.
; ;
91,63 b
-
(excess
Amends Charter—-
bad-bean doing business (Con-.,
ttecticut, Illinois, Pennsylvania and Michigan! but ?; such subsidiaries |
aro
inactive.
Company's only remaining opera ting subsl i iarv is the?
Wallace Barnes Co., Ltd., a wholly owned Canadian corporation.
cents,
Net profit
dividends
in
Paine,
,
6%
par)
par)
Bankers
-
;i»:
($1
Issues not underwritten.
of : reorganization:-Under
the
Eastman, Dillon & Co.—
9.00Q
Gqldman, Sachs & Co.—-" 9,000
..'$344,053
deductions
^iV;
dividends. under,
Corp., Cleveland—Files With SEC—
non-convertib.e preferred,
Proceeds will be u ed for
$252,422
.Provision for Federal ineometnx, estimated*--.,-,.-...--..
v'"'"
to
as
management's valuations of assets, after deducting
income tax
therebn),- $46,189,857;, total, $92,-.:
and
1845.
plan
of
17,690
Smith; Barney &. Co——,. 10,000
$905,638
653,216
Total-income
-•
which
Conn.,
NO; Of
Plants
—C—4--—
income
corresponding
axsets and
the
rations
It
1946
above operations—
is
Federal
($100
share
.
—V.
Other
Bristol,
a
stock
Lee Higginson Corp.——
J
!
shares
Barnes-
.
Stone
Selling,
to
pursuant
common
pre-war
Brya^;. O^Earnings-r*'
SIX MONTH PERIOD ENDED MAY 31,
ancf
UNDERWRITERS—The
expanded during recent years, now provide for an in¬
approximately 50% in productive capacity, according to* the
Announcement.—V. 164, p. 2.
EARNINGS
of
Net!income
of
Aro Equipment Corp.*
of
treasury,
on July 31 filed a letter of notification with 'the 6EC
l,35d.shqres ($100 pgr) 6% convexttifcle prior preferred stock; 493
.
acquired ,the assets of the
Cook Spring Co. of Ann Arbor,
Mich., and in 11937, - the company
acquired the equipment, inventories and goodwill of F. NV Manross1
& Sons of Bristol, Conn., both spring manufacturers...
V
;:
In 1936t, the company liquidated its domestic subsidiaries taking
additional
he said.
organization
in
$8,636,776;—net: unrealized'appreciation
or
The company
,
for
respectively.
ness
facilities,
crease
corporation
preferred
?00,4S2
-sale
for
1883,
B V M
subsidiary^- Barnes-Gibson-Raymond Inc.,
Fed.
cumulative preferred stock, $50 par value, which will be offered for
through underwriters. The proceeds will provide adequate capital,
„
of
Co.
of springs since
___
The plan,
one.
Brothers
\ Total income
Lipoma deductions.-,.
already
approved by the directors, provides for the changing of each share
of
outstanding common stock without par value into four shares
Of $1 par, C. G. Frantz, President, announced.
The company then
will have outstanding 340,000 shares of common stock.
The company also proposes to create a new issue of 11Q,0QQ addi¬
tional shares of $1 par value common stock and 40,00^ shares of
common
Dunbar
and the New
Common.
program
of
York
Other
refinancing
a
cooperated in the
these corporations
holders
Sell.,
Apex Electrical Mfg. Co,—Plans to
Stock and Issue New Preferred Stock.
1957, 1871 and
stock
law),
market
V32,200.-^V, 163, .p. 2990.
:
in exchange for its stock, common stock of the New York corporation.
On May 24,
1923, the company acquired the assets (principally the
stocks of subsidiary
companies)
and assumed the liabilities of the
the
latter being the
1917, with additions
30,
their i;
Wallace
On Jan. 30,
1925, the company (then called The Associated Spring
Corp. of Delaware) was organized in Delaware and thereafter acquired,
which
the
146,070,
June
Corry>, Pa.,
of
Co.
of
provision .for
Barnes.Co; of Bristol,
of Chicago; and the Raymond
which in turn has succeeded tq
originally established in
stock
New
of bonds and accrued interest thereon if (1) the advances
it to the applicant be paid; and (2) that the applicant
down its road and equipment account from $3,192,455 to $2,by
write
of
a
V'Vs:A
gaged in tne manufacture
of the
respect
components
as
in
it also
acquired the stock of the Wallace, Barnes Co., Ltd;
(Canada), organized in l?21 by stockholders of -the-Wallace Barnes
Co.
of Bristol,
Conn,
In« the
same
year.
Wallace
Barnes Co.,
which was then a subsidiary of the New York corporation,
acquired
$2 000,000
made
manufacturers
1923
.
$645,000.
use
to
dustry in that vicinity.
' J
>
'*
On Jap. 23, 1923, Associated Spring Corp. was incorporated in New,
ana thereafter acquired, in exchange for its stock, all the issued
and outstanding stocks
the, 'above-naiped" corporations.
Later in •
the
of $4,271,600 on the applicant's 98.68 miles of road.- The
dated Sept, 15, 1905, ana matured Sept, 15, 1935.
;
Joe Paper Co, has also made advances to the applicant
Delaware
cost
I:
restricted
\
"
•
•
eommon
York
report of the Commission states in part:
\
'
The applicant is a "Florida corporation, with outstanding stock of
$1,000,000, (par $100) all of which is owned by the St, Joe Paper Co.
That company also holds the entire outstanding issue of first-mort¬
gage bonds, amounting to $2,000,000,
on which there is accumulated
matured
and
unpaid intereit
ox
2/1,600, making a total mort¬
bonds
1922,
sold
?n;-:*
of
•;
v
for
chiefly
steel, pur¬
for use in
Gibson-Raymond Inc., which constructed a plant•to produce springs
at Detroit, Mich., 4o meet theJdemand-of the^grqivhig automobile in*
The
lien
industries,
of
Manufacturing
businesses
exceeding $645,000 4% serial bonds, to be sold at 99 and
the proceeds used to repay advances made to the road
by the St. Joe Paper Co.
gaged
sources,
plants and'for sale,
by the company are
company is the. successor: to
Conn.; The William D,. Gibson Co.
July 10 authorized the company to issue not
on
wide variety
products. -'
hot-rolled JhighT-carbon
into cold-rolled springvsteel
converts
V: The
Apalachicola Northern RR.—Bonds Placed Privately—
The ICC
outside
the company's own
Springs produced
■
mill
rolling
chased "from
declared a dividend of $1.75 per share on,
the preferred stock, on account of arrears, payable Sept, 13, 1946 ta
holders of record Aug., 16, 1946.
\ r?/\
- \
This dividend represents a quarterly payment at the rate of $7 per
year
leaving the arreas at $58.50 per share as of Sept. 30. 1946
pending consummation of the plan of recapitalization approved at a
special stockholders meeting on July 17, 1946.
Deposits of the pre¬
ferred stock under the plan will he solicited from\stockholders cqxnmencing Aug. 19, 1946.—V. 164, pp. 551 and 414.
directors
Its
Monday,'^August" 12,194^
;
•f
American Woolen Co., Inc.—To Pay
(of
$3,265,000;
reserve
for
which
$492,615,
contingencies,
CONSOLIDATED
surplus,:$22,-:. ' :* ASSETS—Cash,
$4,875,000; notes
representing par value
$5),- $10,640,525: 'capital
BALANCE
$175,290
SHEET, JUNE
$111,681
-f
30,
1946
$1,141,671;
U. s; Government securities,
and accounts receivable, $2,217,981; war
.A:/S:.:rA
at
cost,.
contract.
/Volume 164
-Number 4515
-THE COMMERCIAL & FINANCIAL CHRONICLE
termination
claims,- $5,889;. inventories, $5,909,015; net current assets
r.in Oan&da. Biazll. Mexico'- and Argentina' '($1,601,286 -restricted as to
-withdrawal under .present exchange-regulations), $2,154,792;
claims
-
tor
refund
of
prior
years'
Federal
taxes
income
on
-
!
}'i,?■'
LIABILITIES—-Accounts
Non-operating
other
and
lio
$2,668,100;
par),
capital
335.—V.
contingencies,
$750,000;' $5
stock
common
surplus, $4 038,799;
163, p; 2432;;^
(450,000 shares
earned
(26,681
stock
preferred
par),
no
surplus, $6,312,325;
income*
$1,021,354
$511,044
Bucks County
-Total
income.
-1:
..x
v
./
..
Net Income
;.,v
..
-
Fed.
To
be
offered
at
Playhouse, -Inc.
$100
share
per
'
.
.to
the
of
patrons
•
3,617,242
1.-
•
683,994
profits
Retire,
;
•
370,692
.
accruals..
/
625,768
840,061
498,165
480,000
$2,268,050
$1,772,03*
.
Other •; income-,: (net),
,
25,819
70,893
$2,293,870
$1,842,927
-
2:
$302,541"
1,133,385
_
*
BALANCE SHEET, JUNE 30,
.
616,101
601,379
taxes
reserve
'
excess
510,31.1
-.l!:—$405,195
$21,156,-
'
1946
Net
.
■::r-':iiSSfiTST^Tiarit; "property,'.'-"f r A-'ricftlste'si- •' ;.e?t o.V' ■'r(»e€>-£"".$-2
$5 i";;;"
income
-V, 163,
miscellaneotis
investments
and
special deposits,
$44,109;
cash
and
working funds, $385,674; U. S. Government securities, $25,000; accounts
receivable, iess reserve,- $251,597; materials and supplies, less reserve,
$391,364; claim for excess profits tax refund, $104,649; prepaid acrcounts, $33:325; miscellaneous deferred charges and suspense, $50,642;
■
'■>
1,042,295
$1,160,484
$800,632
2848..
p.
-
——
/The company on Aug. 6- filed
letter of notification with the SEC
for 150 shares .of common stock (par $100) on behalf of Henry Chapin.
!
,
1945
$7,951,206
_ _ _ _ _
and
income
Gross
fBdlance
;With SEC-r1
1946
$8,231,852
-
.
shares
;
Playhouse, Inc., Philadelphia
"
3,809,572
; Genera I taxes;
'
-
Gas Co.
.—Earnings—
■
208,502
•/•
/Deductions:
$4,500,000;
total,
14,713
&
June 30—
-
,
payable, $900,016; customers' deposits and
credit balances, $1,188,428;
accrued salaries, wages and commissions,
$177,323; dividend on preferred stock, payable July 1, 1946, $33,351;
accrued state, local and miscellaneous Federal taxes, $209,404;- accrued
Federal taxes on income, $378,595;
reserve
for postwar adjustments
'
$1,006,641
24,724
12 Months Ended
\ Maintenance
plant and
$1;
total,
$21,156,335,
'
Central Illinois Electric
.
Y
$578,948
Operating expenses and taxes
*
"
;;
1945
$1,534,860
955,912
revenues
$3,750,824
2,744,183
,173.753
ft
19<I6
$4,084,804
2,574,669
$1,510,136
prin¬
$462,012; pr'e-
unused excess profits credit carry-back),
paid expenses and deferred Charges, $347,501; property,
equipment
(net),
$4,042,473;
patents,
goodwill,
etc.,
12 Months Ended Jund 30r-i
*
operating
v
(resulting
cipally, from
"
California Water Service; Co.—Earnings—
?
■
823
Bucks
County
[total, $21,507,712. • , * .r - - :
' ;
V LlABliilTlES---Fu'nded debt, '$ll,S22,000; bank
-
rfOTE—'For
possible
order.
to
position
.
loan due jan, 1,
mechanical
possible.
as
in
always
are
it
reasons
companies
arrange
However, they
is
not always
alphabetical
alphabetical
exact
as
near
7
1947, "
-
$250,000; notes payable, serial note due Nov. 1,
Buffalo
I
\
1946, $60,000; accounts
'payable; $188,475; acCluetT Fnt'erest, fakes, dividends,
etc.,
$258,744;
; unearned' revenue, $21,024; consumers' meter deposits, $31,094; con:sumers' extension
deposits, $577,256; miscellaneous reserves, $38,331;
Niagara Electric Corp. (& Subs.)—-Earnmgs-r-
Period Elid. June 30—
1946^12
1946—6 Mos.—1945
Mo's.—11945*
$25,456,496 $26,026,852 $50,456,911 $52,097,306
Operation, maintenance
i
% ;
and depreciation—V 13,023.173
13,746,110
27,682,276
26,933,286
Federal income taxes^-.-.
1,742,100
2,876,222
1,752,900
1,306,600
Fed. excess profits taxes
Cr626,882
1,335,900
1,215,600
634,442
623,980
302,946
; Canadian
income taxes
318,021
Operating revenues
contributions
____
for
extensions, $358,876; premium
funded debt tnet); $161,224; 4.4%
'
'outstanding
"■
700;
.
water
State
charge
.Provision other
3,365,575
"Cr-l 14,91-5
6,707,763
Charles
Cr81,383
338,780
'President,
■the
appropriation—
serve
Other income
.
;
$6,077,508
Operating Income ___*
,
'
120,195
—-.—-
$5,569,733 $13,647,934 $11,315,735
69,573
262,448
1 133,103
:
Gross
Income
$6,197,703
income
deductions
Net income
«■
Reservation
_
$4,437,167
inc.
net
of
5.64G.708
240,000
$3,786,460
738,000
$8,263,674
Bal. to earned surplus
....
•
$4,197,167
McC.
Cameron
director
a
p., 2813.7
Charles
Mr.
-
An underwriting
group headed by R. S. Dickson & Co., Inc., on Aug. 7
ofefred 30,000 shares of AVz% cumulative ($25 par) P*e.ferred stocky with istbek phirchasb V/arrants attached, and
"75,000 sliares of $(1 par) cbriarhon stock." The"preferred
stock was 4priced at $26.50 a ^hare plUS diVidend, and
Butler's, Inc.
the
-
—
Stacks Offered
—
•for
1926. 'It
is
how
sion
V'^v'"y** '*
'•
and
v.
'
;..v -7-
-
and
,'v7
of
charge
of
this
Assistant
1
of
to
15-year
-
stock
par)
-.
th*e
to
-are
"
the balance added
v
Power
.
'
ijEC
^7,^
f
-*4
V-"*'
552;
r_
M
' 7:'''
i'
'
77^" 77 :
"
v
'T'* ^
Y
5
.
Federal
:
,
a__.______7_7_.____
1
__77—
"V
•
$390,616
356,913
;
'
v
Vt,
'
7
V
,
7
..
7 408
'
*$33,7<fo
:
'3 441
;...7
7
-:,
15oi4'
'
and state
-VYie3i
"
$363,2oE
*.
income, taxes-_i'___„_____
*
*
.Net, income,
1,718
$6,058
p. 273.
*
Central New
ifork Power Corp.—Earnings—
SPerioid
End. - June 30-^
•Operating, revenues
1943—6 Mos.—1945
-
Oper.,
Federal
income
taxes...
1,719,000
-
601,000
v
.Fed. ekcess profits taxes
requireef
Other
3/743,191
$3,965644
$3,396,354
$6,876,875
$8,716,93k
Z>r3,026
8,111
Dr 633
44,333
$3,962,018
$3,404,465
1,824,091
$6,876,242
$8,761,260
815,917
:
2,246,079
5,797,168
$1,580,374
$4,630,163
$2,964,101
,
____
income
163,
2848.
p.
523,000
351,(500
3,793,795
a.separate
—V.
v'<
1,039,000
1,911,596
___;
ihebhw-' 7_as.7~_
Tncome deductions
Net
2,307,000
1,523,000
1;950,438
$3,146,101
t&Kcs'
Ghel'a'tiifg' tnfcbmd 7_
Qther„ income
vote upon the split-up of three for one will be held
2Q.
The purpose of voting will be to make provisions to
stock so that every record stockholder would receive two shares
>
1946—12 Mos.—1945;
$16,796,300 $16,283,166 $32,501,773 $31,651,775
maint. ('& deprec.
9,170,818
"
8,851,216
18,485,103
18,317,648
,
Aug.
split
expansion program.
.
YGtheS-: deductfdris
;
-
,
bf
.corporation's surplus abcount Will J-esult from the sprit-up.":
7 It
is
anticipated that the special stockholders meeting
for
•
iPfeprecfatioh
stock, without par value, from 170,500 to 51*1,346 shares
was
voted by the stockholders at a special
meeting held Aug. 6. This
paves * the : way fdt a split-up of 'stock bn the basis 6f three Tor bne.
7 Joseph
H; Cor.e,. President said:
"No
change in the amount of
.Capital represented by the outstanding shares of common stock of the
„0n
the
of
Interest
common
•
continue
successor
net
-v
7
7t£toih^eht7^^ciMzl^g* ah^lncreaSi"^^'the lfiumBer
of
shares
:1
Exchange—Dividend Out4
Casco Products Coir>.-^-Stock Increase Voted—^
owns
to
the
"■
-
.
1955,-. ex10
;:
.'Operating .InCoihe __7_—_____a____7_;__:____a_-_-__'
;lbok>^See7Nati6h£LlYPower & Light Go.) b'el6w.-r:V. 104,
TP;
to
and
¥°,ta.Lre^Ue
^
&
New York Stock
on
j.
paid into the treasury of the "corpora¬
further increase working capital, to reduce
.Total eiTpenkes
:
^
-
qf
be
REVENUE!^ Ato fekPENSES YEAR ENDED FEB.
28, 19464
-
-
_
retire chattel
*v
T"\ 7
-.
1,
of
stock;77:7
^Other-income
mortgage, -for expan¬
working capital.—V. 164, p. 679.
to
4"
-
'Sales,
3,000
to
July
basis
a
;
date.
McCoy, Vice-President;
Angell, Vice-President; William M.
Blackwell, Vice-President;
Masinter, General Coun'sfel; John M. Wilson, Jr., Assistant
V
.7.,.,;
.
7
r
L.
Counsel.-
' <•"
sinking
be used
is
dividend
any
to
upon
of preferred
71
option
as
R.
Morris
Tube C04 another tl. B.
the
used
stock
common
will
on
at
millwork
Frank
United
1943.—V. 164, p. 679.
and
will, be
dividends
con-
'
;;
time
any
large
plant for general cabinet making
and
residential
Well "as a planing mill for dressing of its lumber. 7.-7
The board of directors is
as
follows: Arnold Schlossberg,
President;
Jlughes'T. Angell, Secretary-Treasurer; John W.
dorpbration, succeeding
of
proceeds
corporation
mflJWOrk,
President
"•
NatibhAl
and
custom
,>7.^.-77■" r
President
and
share).
per
at
at any^time prior
may
for
($100
par
redemption
the Central
Manufacturing Co.
onginally founded by the late Robert H.
Angeil, and is engaged in the
manufacture and sale, at wholesale and
retail, of lumber, the sale, at
wholesale and retail, of miscellaneous
building materials and supplies,
hardware, household appliances and equipment.
It also has a
,
sales.—
at
to
share
per
held
Indebtedness
com-
;r..
of
stock
entire
The
con-
executive
.-
in
the
Vice-
Light C°.—Common • Stock Being
"Distributed to; National Power & light StockholdeTs^To
r
'''jyf•%'*>•'**
finance
.
Vice-President
become
.
:
100% of the outstanding common stock of the fol¬
lowing subsidiaries: ' Butler's of West - Virginia, Inc;, - Butler's of
Arkansas, Inc., Butler's of Louisiana, Inc., Butler's of Texas, Inc.
Each of the aforementioned subsidiaries is qualified to do business
only in the State in which it is incorporated.
Company also owns all
<of the outstanding common stock of Boyd's Inc., a Georgia corpo¬
ration.
This
subsidiary
is now
inactive, but the name* "Boyd's'-'
*Js being used as a trade name for several stores of the company.
.
The company further owns 6,577 shares ($25 par)
preferred stock
put of- total of 7,769 such shares issued and outstanding (12,000 shares
-"of preferred
stock being authorized)
and 96,880 shares ($1 par).
'common stock out of a total of 99,246 such shares issued and outstanding
(100,000 "shares common authorized! of Pollock's Inc., a
North Carolina corporation.
-i
I..;..
the
of
-
named
was
.
5%
($1
Carolina
.
qualified and authorized to transact business in thfe
Georgia, South Carolina, Tennessee, North Carolina,
*"■'
V (Company
tion
committee.
Vice-President but will
as
shares
$105
par) common for.each share
The
member
-a
Executive
letter bf ttotific'atloh With
$300,000
Be Listed
yAlabkmai^Virginia/■(West* Virginia; Mississippi,: Arkan$w;
'•
member
;
since March,
a.unit'.. Proceeds
ttoV.Ml,'
Florida
•
at
'h?lder °* the stock
change
,
fund debentures,
3,000 shares of
Stock purchase Warrants.
Under¬
writer is Grande & Co., Inc., Seattle, Wash.
Offered in units-of $1,000
debenture, 10 shares of common and 10 purchase warrants at $1,000
■*
'
'following states:
resigned
Corp. of Delaware.
has beep President
Cox
;common
.
;ers.
elected
executive
is. offering 3,000 shares of class B cumulative
preferred
directors
:
Carney Co., Inc., Man ka10, Minn.—FileSu With SEQ—
:prefefred stock and 25,000 shares of common stock rep^resents new financing by company.-The remaining 50,000 common shares are being sold by present stbckhpla-
h /oftcMNliSAlTON—Cdmpa^
1930; and
been
and
finance
The*
The offering of the
stock at $11.50 a share.
common
and
Perry, who has
.Steel subsidiary,
\
has
Cox has become
R.
Lester
States Steel
$5,906,603
$7,266,674
$3,048,450
has
1938,
the
Carnegie-Illinois Steel CJorp.-—New jpresident—r
r:
*
552/
p.
of
7
5%
subject
the
•
* - "777 "7
William Ashworth
J.
.'—V.: 164,
as
,V, 162,
1,476,000
since
member
a
•mittee,
$7,382,603
997,000
directors
Manufacturing Corp., Roanoke, Va.—• Stock
..
total, $21,507,712.-5-V: 163r P. 3129.
Palmer, fc -Vice-Presiclent since
of
and
4,066,240
1,760,536
vertible
.
•
itinue
$5,639,306 $13,910,382 $11,448,843
1,852,846
W.
board
William
i
\
capital
6,645,404
3,400,778
Cr30,681
taxes_j
Emergency diversion re-
i
on
preferred
Cati^dkn Celariese, Ltd.—-Changes in Personnel—
;
"1/HS650
Y,5fc£6io
600 000
950,000
.
expense)
cumulative
(par.4$25^ ; $3,475,600; -common stock (par $25), $3,608,"surplus, $70,499; paid-in surplus, $131,013; earned fidf'-
plus Since April 30^1939,;$455,478;
j
•
York
of
Cfciitral
-
•Offered—
-stock- series C
■
New
(net
•
(&f *$tpck: lotTevery shate ror stock iield. by him-aa-of the'record date
•
\and
to empower the corporation ...directors to issue
additional unissued capital
stock, according to Mr.
-
shares
of
the
Cone.—V.
and "its subsidiaries are engaged in the operation, of
chain of 47 medium-priced retail ladies' shoe stores in 12 states and
The
-
A
store in Asheville, N. C..
These shoe stores
the trade-names of "Butler's," "Pollock's" and
-"Boyd's."
Butler's and Pollock's stores sell primarily shoes ranging
Jn price from $1.99 to $6.99.'. The Boyd's stores sell- primarily shoes
ranging in price from $1.99 to $5.99..
:
'
•■>*•• ;
>.
• v;
j
family-type
one
are
■t
shoe
under
operated
-
hand-bags,
Hosiery,
similar
and
slippers
bedroom
shoe
accessories
sold by retail shoe stores are carried in
approximately 19% of the total Sales
substdiraies during the last fiscal year. Sales
the company and its subsidiaries are made.on a cash basis, ^
And
merchandise
-these
-Of
of
usually
company and its
Authorized
-Serial
-;;(77
A
421,522 V2 shs.
'
will be
PURPOSE—Net proceeds
approximately $990,061.
With
••
ft!;
C.. Johes
cumulative preferred stock.r The balance
Itsbd ft* -the Aa6derAtza'ti6hV61-"^t$f(h|.>tmlts,'-'
unitk and'16* working da^fal; - •
^ ;
UNDERWRITERS—The names of the underwriters and the number
outstanding
presently
1
be
purchased
r
& Co..
by each area
;" '*
——...
as
—
Y
fcom. Shi
Net
4,000
Johnson, Lane, Space & Co., Inc
"
4,000
Rauscher, Pierce & Co._—J—.—---i.--:—3,000
Co.,
Evans &
Inc.
AGENTS—Citizens
TRANSFER
-J
&
Southern
National
of
corporation.'C '"
CONSOLIDATED
•tY Y'Y
INCOME
"f
STATEMENT YEARS
'1946
END.
-M* 1945-
31'
*of
$6,450,299
$6,235,723
.Cost orf goods- sold
"Selling, gen. & adtri, expenses-^-:—
"pepreciation and amortization—:—
4,882,030
4,108;045
'4,024,977
1,841,164'
1,550,997
tax
$1,013,863
10,240
profit.
-Operating
Other
income
$742,278
H.624
..
,
"4
Total Income
-
deductions————.
-Provision for state income taxes
Other
__
-Provision
Provision
for Federal
for
■(Net /profit-
Fed.
iifcome taX—
profs, tax
exc.
who
Taxes
other
than Federal
30,555
9,619
>945.
company
for
more
-',t ^
Other
*$32,346" V
1944 '
$43,722
s$38,498
5,873
7,873
19,142
17,330
"46,857
400,755
,
V
—
'8,398
'
-
-
•'
$192,877
'
546
43,572
169,125
$617,968
iestimat.)"
-i—
net;"loss
for
•
"
145
and
sales
*
the first
proportionate
for
of
the
first
19,373
'y
54,638
lease
6,235
in
June
will
four
held.
be offered
shares
Unsubscribed
of
net
of
Of
and
$9,347
*$79,04$
i946 or $104,869. (after
of
amount
estimated
profit
of
Federal
$136,707
in¬
after
$123,491 for the first
1945
other
was
due
material
and production
stopped in August
j
•is
;
$68,099
19,440
20,958
171,825
commo-n
of
the
to • &
company's
shares..
$320,961
.82,314
$63,733
shares,
to
the
the
of
rate
extent
of
one
banx loan
and
for
;
1,500
construction
•
_
.
share
wi=:i".:
for
shares;
Any
be
re¬
Used
purposes.
"
t
$47,741 '
$238,647
% 273.
-
^
\
v
1
'
■
,>
'if
-
»<
}
V
C'1 'i
»
tj'S
fi'heu of
the
railroad
in
Pennsylvania
formerly operated
by The
,
The principal pfficf pf Central Railroad Company Dt Pennsylvania
143
Liberty Street,- New York 6, N. Y.; and the following are its
principal officers: Wm. Wyer, President; E. T. Moore, Vice-President
and
General
Manager—Operation
and
Maintenance;
C. L.
Ewing,
to
Armed
the
company officers, directors and employees.
will be sold to underwriters.
Proceeds-' Will
payment of a $200,000
—V. 163, p."2991.
/
■■130,58^
preferred stock
„
]
half
principally
for
to
for-
43,510
28,794
-
'
taxes—__
New Jersey
•eomp&niee- Will be -the >. i^nusylvahia-New Jersey State line, located
Between Phillipsburg,: N. J., and Easton, Pa., which is
designated as
"State Line Junction. *"
•
*
v
,
,
yice-presjden.t—Freight .Traffic;
Wm.
Kohler,
Secretary-Treasurer;
kern; General Counsel; and F; E. Gregg,, Comptroller.
H. L.
.
weeks
19,814
42,767
"
ihcome
5,403
.,
The property dividihg..line between the Pennsylvania and
-
two
$623,371
Central RR. Co. bf New Jersey, Walter P. Gardner, trustee.
11.737
$54,516
half
half
munitions
$141,002
Central RR. Co. of Pennsylvania—Set Up as an
Oper¬
ating' Company— .. : .
-.
....
»,
Effective 12:01 a.m. {EST), Aug. 5, this company will operate under
,
for
on
j—V. 164,
243
19,575
••
*$56,722
for
967
$145,754
deductions
Balance for
636
5,038
20,336
for
$165,377
■
196,800
$140,035
Iricome
•
-
1,333
.
.
^for subscription to -common 'stockholders at
$,137
$433,004
48,220
44,607
—
*'v
disct.
which orders were cancelled
maining
Consolidated net profit—
fi-V. 164, p. 273.
;
149,744
49,708
$83,173
ihcome
'
,.
The company on July 24 filed a registration statement with the SBC
20,000 shares ($lo par) common stock.
The shares will be offered
;
each
4,632
969,476
1,064
PfoV, fOr Federal
The
Pennsylvania
company
will
out
carry
the
obligations
of
..
•
all
and
revenues
expenses
will
be
for.—V. 163, p. 3281.
separately
c
recorded
and
I
accounted,
■■
•
Central Republic Co.—New Director—
-
*
Sanford Otis
meeting
on
Aug.
was-elected
5.
* He
a
director at
has Ueen
with
the
the
annual
stockholder^
since
company
its
-
(Fisheries"Corp.
•
"v:
VY""-'
vZZi/
Fitzmorris, Newton P. Frye, Bently S. Handwork, ^Whipple
Joseph E. Otis,, Jr., were all -reelected
directorsi—V. 163; p. 3129.
_
•
Charles C;
jijacobs, : Richard A-./ Lumpkin,
S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York
8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;
William Dana Seibert, President; William D. Rlggs, Business Manager.
Published twice a week [every Thursday (general news and ■advertising issue)-with a statistical Issue on Monday].
Otner
"-"'^■offices: 135 8. La Salle St., Chicago 3, 111. (Telephone: State 0613); t Drapers' Gardens/London,* E. G., England, C/o Edwards & Smith. Copyright 1946 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, Australia and Africa, $31.00 per yea*
NOTE: On account of the fluctuations in, the rates of, exchange,- remittances for foreign subscriptions and advertisements must be made In New York funds.
*
1
,
I).
IM,
'5
-
It
J
t-
1
-
-t
—I
•-
f
J '
*
»
1/J *
^
}
in-
Prior ■ to this/* Tie was* Vice-President of the Bond Depart¬
ment of Central Trust Co, of IllinQis..
He is also a director of BootK
•eeption.
The Commercial and Financial Chronicle (Reg. U.
Yd'fu
thft
NOW Jersey company -lh;Ull agreements ind contracts
involving facilities
"aftdropemiows on irne4 m Pennsylvania;
The - Pennsylvania -company will operate Under separate tariffs and
Central Louisiana Elec. Co.,
Inc.—Registers with SEC
13,953
.56,803
469,063
391,865
37,171
8,562
1943
principal plant
at Holt, Ala., because of a
shortage of raw material resulting from
closing down, of the blast furnaces* of the-company^s
principal sup¬
pliers dtiring the coal .strike.—V. 162, p. 2576.
V|
$657,41-1
24,940
96,490
219,715
41,375
■
income
Total
Divs.
194$
$141,739
Ioss for the .second; quarter, of ,1946 .was. due
.principiklly.
:,
245,626
285,344
'
*97,724
259,223
income.-
Y/Gross income
Subs.)>i—Earnings-—
1946'
term
The profit
close-down
$654,266
3,145
r;
3 Mos. End. June 30 12 Mos. End
1945
June 30/46
vvl946 '
$637,328
$585,203
$2,494,978
$144,690
retiring
former. Vice-President
,
'
$22,250
1945.
"Services
applicable > to minority
stockholders'
.
$1,024,103- ; $753,903
-;
•
■
A
_
Co.—Earnings—
,.<> '•
•
,
•
,
is
that
with
20,501
The
of
production
52,316
'
Y
.Maihtenam^;
J^roy/iof/ renewals/; replaqemeniba &
v/j^jretiremients;;;
rayoh
the
Bassill,
-
________
profit
1,494,192
48,978
45,618
debt
of
♦Loss.
credit
-
$7,782,676
-
r
15,000".
inc.
Net
At-
1944
-
7
Manager. ef
E.
Mr. .Jones,, a
come
tax. recoverable).-compares with a
•deducting estimated Federal income tax
MAY
'
•;
•Total; operating revenues—I/.....
Purchased (power
/Operating expenses
•j.
sales, less returns and allow.
Gross
John
Crll,125
-Wage' adjustment,*
..
.#3'-
long
on
'
.:
by
and
7,500
Bank
' -
'
_
associated
was
June 30—
expeftse
'Other interest
a^ent "fo'if eil cTa'sSes bl "capital 'stock of
lanta,
"the
.
I.
163,. p.-2S91*
profit from-Oper.l,* '
•AmortiZ.
"10,000
A.
—w.
Corp.,
debt
Fed:
10,000
Clement
Co?
Sept,
Depreciation
10,000
&
End.
Interest
37,500
".4,000
Courts
Rayoh
on
:
*
-
Appointed "Gettkf&l
vacated
Central Foundry Co. <&
3 Mos.
-
follows:
;
' pfd. Shs.
.15,000
"
V-■ i-K,>i
*■:
p'tbce'edr Will
R. S. Dickson
post
.than 25 years.—V.
opfeftiRg tifi M;
shares- to
•(of
6%
the
company
Tublze
!of
bekti
has
fill
to
the
'
lihfe
^
T.Z
_
New General Manager—
the
stof "the
,
?: /*
^
-
-
"
mon.-
<
ap=-
'Proximately $430,000 from these proceeds the company will retire
-.7:
-
of stocklfoldel'S 'Bas been called" for Sept. 19 to
'vote "on a 'proposal to
increase^ the authorized number of common
fihareS l.Trom 2,500,059 to 7,500,01)0 under a proposed amendment^ to
rthe company's certificate of ' incotporation:" "Each share of eommon
'would be changed
;^v^.7i^^Uve*°'9kli':baW;'2°!& shares of new * com;
division
'i 30,000 shg.
■■
'
meetliig
$pfecial*
from
Outstanding
$470,000
—$470,000
($25 p&r)— ' " 40,000 shs.
750,000 shs.
notes
cumulative pfd. stk.
'Common stock ($1 par).
4J/a%
r'-v77;:s
V" 7 "7
;C€la»cse Cerp;-of America—^Plans Split-Up--
-
CAPITALIZATION GIVING EFFECT TO PRESENT, FINANCING
;
7"
T.7*
constituted
and
stores
the
679.,
p.
company
Central Ohio Light & Power
164,
•
-
;r .7
.
.
.
t
"
.'V
,•
•
,
--rm
'
'
,
'\::ptAmv
.
jzwAmmosam
*
•>'
yrr
THE COMMERCIAL & FINANCIAL CHRONICLE
824
^
Central States Electric Corp.
—
Debenture Committee
Seeks Cash Distribution—
ASSETS-^-.'
>-~The Boyce Committee, acting in behalf of holders of the 5% debentures of 1948 and 5l/as of 1954 have filed a petition with the Federal
District Court art Richmond; Va.( asking that the bankruptcy trustees
be directed to moke a cash distribution of $1,803,700 on the two series
.
of
".
debentures.
as
■
adjust its application in court, to have the distri¬
bution apply to principal and accumulated interest.
'Interest on; the $6,300,000 of 5s has not been paid since Jan., 1, 1942.
The last payment on the 5V?.s was Sept. 15, 1941.
Funds for the proposed cash
distribution would be taken from
debenture-holders, committee
by-the
described
working capital or other purposes.
'
■ >
>
.'
•
-
date for any interested party to
respond to the committee's petition.
A date for a hearing on the
petition will be scbedu.ed later, probably in September.
The bankruptcy trustees state that they will support the committee spetition for a cash distribution on the debentures.
Last April, the trustees petitioned the Virginia Court for permission
to use $2,000,OuO iunds on hand to buy in additional class B stock
of the American Cities Power & Light Co., a subsidiary.
They specified
as the only alternative a payment on the debentures.
„ormiffpri
The Court i.i Jun^r rejected the trustees
petition to be permitted
to buy additional American Cities Power stock but reserved to.the
debenture holders' committee the right to petition for a d stribution
of excess cash to be made to debenture holders.—V. 163, p. 1561.
.
_
-
China Motor Corp. (Del.), Linden, N. J.—Files With
SEC-Z-Z-ZZZZZ?F ZZZZZZZZy''' v
The company on Aug. 2. filed h letter of notification. with the SEC
for 1 000 shares of preferred stock (par $100) and 1,000 shares of
common stock (no par).
The purpose of this offering is an offer of
iSS, tor uW sto* it a Nei York corporation ot the tame name
•{which has -been tlissowed), .sold between Dec.. 8, }9«,<u?d» March
ilO, 1946, without registration or letter of notification.—<-V. 163, p. 3130.
:
V-;"
V
..
,\V;. 5V-. :,1*?
Divs. received
rec'd
Inter,
taxes.
•Prov. for Fed. inc. tax
fv-''
'•:•;:•■ Jr..";
Total
LIABILITIES--
'
estimated
income,
on
$7,807,325
for
reserves
Club
6,694
468,000
$5,832,323
525,000
525,000
6,600,000
5,100,000
;a}$207j631
467,000
?207,323
<
:
-
-
-
Cab
Co.,
Washington, D.
Inc.,
o
•
4
.»
ended
with
at
June
INCOME
$4,065,382,
earned
Cerritos on
Los
at
With
164, p.
drill
of
rate
stem
test
Operating
Kilometres
2,100 barrels
and
equivalent
west
of
Operating expenses
Maintenance
for
Taxes
$488,933
166,844
—————•—.
——
renewals,
Tarra
other
Gross
income
taxes
State
sales
^ "Total
F^Cost
income
.
1941
1
264,866
-
income
$90,105
taxes
en-
..
Pro¬
levels
share
■'
j
$82,511
Funded
M
(43;750)
-
$52,304. >
$1.46
$1.20
4162,408
.
^
The
>
:
•
.
-
common
will
26,845,940
28,052,192
24,435,111
18,500,000
10,300,600
6,350,000
stock
20,974,843
30,494,374
rants.
25,345.771
$2.83
4,065,382
20,974,843
30,494,274
25,345,771
9,182,127
15,874,942
11,937,739
11,311,840
'J/tUoss. tEqual to reconversion costs
.for
the
six
months
'^Federal taxes
($4,094,520) included in costs
1946, less applicable reduction in
§Resulting from carry-back of operating
ended June 30,
($3,418,924).
-
"
-
/loss, and, unused^excess profits credit.
* "
7*
u
l i: NOTE—Profit
'
"
and loss statements for the first six months of 1941,
1939 are shown.
They were the last three years during
which the principal activity of the corporation and its subsidiaries
was
the sale of automotive products to the public.
Foreign sub¬
sidiaries were consolidated in 1940 and 1939,
-J..
'
1940,
and
.
.
Fed.
80,767
-
"::Z
lb4,495
4,729,161
1,764,073
$3,108,894
$53,935
64,567
58,186
24,635
and expense——
24,584
—
taxes—prior years
28,545
(net)—
27,804
(99,916 shares)™.
(258 shares)—;
25,6ia
1,000,000
99,916
———
l
995,306
99,916
1,032
1,032
1,615,020
454,451
—
1,615,026
235,257
•
$3,395,464
—u.
164, p. 553.
&
six
r
$3,108,894
eV
Grocers Corp.—Sales and
estimate
Earnings—
made
Co., acquired as of June 1, 1945.
v,
on
>
>
Cummings estimated that net; earnings, of Consolidated Grocers
the
fiscal
year
ended
June
last
30
were
about
three
reported
for the
equivalent, after preferred
preceding 12 months.
This
dividend requirements, to $3
the recently split-up common stock^r-V. 164, p. 274.
times
the
would
per
be
share
Consolidated Retail Stores, Inc.—Earnings—
Aug;. 2 (approximate date), of
6 Mos. Ended June 30—
M.
1946
Net sales
Columbia common stock held. .This
of the Cincinnati common stock now
1945
$15,227,073 $11,859,088
Prof, before prov. for inc. taxes, etc.
Prov. for income taxes, etc
of
reclassification
an
$847,950
Electric
shares
to
mlller Grocery
Mr.
which
The
shall
not
be
underwriters
2,308,161
*1,269,488
-
2,021,264
1,515,948
1944
$9,980,533
1,538,649
1,153^87
//Net'profit-ZZ#1»038,673
Z
Container Corp. of America—Unsubscribed Stock Of¬
purchased upon the exercise of the war¬
offer such stock for sale to the public.
issued under the agreement and declaration of trust dated
25, 1929 at the Fidelity-Philadelphia Trust Co., trustee, Phila¬
delphia, Pa., or, at the option of the holder, at the First National
Bank, Chicago, 111., the bearers of said coupons will be paid the
amount of 18.038 cents per trust share due as a semi-annual distri¬
bution of said trust shares. This compares with 21.76 cents per trust
share paid on Feb. 15, this year.-;/;
1
On Feb. 15, 1945,, a, distribution of 20.6858 cents per trust share was
made which was followed on Aug. 15 by a payment of 17.714 cents
fered to Public—The stockholders have
In 1944,- dividends were as follows: Feb; 15, 25.221 cents;
and Aug; 15; 16.686 .cents.r--V^ 163, p. .776.; > ^
a ,.v
i;,- . .
:
.
•
Credit Co., Bait.—Borrows $35,000,000—
The company on Aug. 2
of a privately arranged
announced the consummation
unsecured loan of $35,000,000
Net proceeds from the
sale, approximately $5,800,000, will be added
working capital initially.' It is contemplated that the proceeds may
be applied, together with the proceeds of a $6,000,000 bank loan and
to
other
of
funds, to the payment of a portion-of the costs of a program,
additions and improvements to the manufacturing plants and- facil¬
This prpgram calls for the construction and equipment of a
ities.
share.
Commercial
subscribed for
130,150 shares of a new issue of 141,496 shares of capital
stock recently offered by the company to its stockhold¬
ers under the terms of an offering which expired Aug. 7.
The stockholder subscription price was $42 per share.
An underwriting group headed by Kidder, Peabody &
Co. made a general public offering of the unsubscribed
shares on Aug. 8.
'
,
.
per.
v
$505;316 ^$384,662
*Includirig. provision for bonuses and sundry other deferred- expense
estimated.—V.'164, p.-554. . ;
r
Items-which have been
may
.
s
discount
wages,
taxes, etc.—_
returnable sacks-————
stock
>
Oil Group)
———:—
"Net profit
stand-by
$104,127
quarry
1948, exceeded $123,000,000^
yesterday by Nathan Cummings,
President.
This compares with sales of $67,000,206 reported for th&
year ended June 30, 1945.
The 1945 year, however, included only
one month's sales and earnings of Reid, Murdoch & Co. and Danne-
March
('.♦Inc. depr. & amort, of
for
———'
lands (net).
Z 163,176
Z 357,820
139,702
Sales for the fiscal year ended June 30,
Combined Trust Shares (Phila.)—Distribution—
Cr675,596
476,824:;
$3,395,464
debt
according
Upoa presentation on or after Aug. 15, 1946; Of the coupons then
payable appertaining to the certificates for trust shares (of Standard
expenses
acct.
the
etc
held
:
124,268
Consolidated "Edison -Co.^ ot New
—V. 164, p. 553.
,
to inc.
follow
73,640
—
The company on Aug. 7 announced that system output of elec¬
tricity
(electricity generated and purchased)
for the week ended
Aug. 4, 1946 amounted to 178,900,000 kwh., compared with 163,600,006
kwh. for the corresponding week of 1945, an increase of 9.4 %. Local
distribution of electricity amounted to 169,500,000 kwh., compared with.
161,800,000 kwh., for1 the corresponding week of last year, an in¬
crease of 4.8%V; 164, p. 680.
,
Offering price is 25 cents a
shades sold, the purchaser will receive two of
The proceeds are for carrying on business.
three
before 3 P.
each
■
22,750
159,565
(net)
reserves——
35,001
notes
-f-i"
and Exchange Commission; ', r:
The Columbia Corporation intends to make arrangements with under¬
writers for the purchase by them of any of the Cincinnati common
'
restored
for
and
,
,
774,300
(5,210,214
profit i_+—.";f Est. recovery of prior
vxyears' Income and exAccess profits taxes—— Cr8,600,000
;JPortion of reserve for.:
;
: i
(--reconversion
Gas
or
1945
$395,774
1
2,793
outstanding into 2,040,000 shares.
Z
< Z
Z : v
All the outstanding Cincinnati common stock is owned by the Col¬
umbia corporation and must be disposed of under order of the Secur¬
v
Gross
£'■
on
receivable
equipment
:
,\
stockholders of record
common
1946
w-—:
103
bond
for
Total
Corp. are to be given the right to
on Sept. 9 for common stock of the
Cincinnati Gas & Electric Co. on the basis of one share of Cincinnati
343,148,lb
24,555,180
——
each
Columbia
the
354,369,852 287,017,276
.
With
indebtedness—™
.;
expenses,
less
B
-V.
of the directors of the company.
subscribe
359,866
573,03^/
one
of
surplus
Earned surplus
$123,630
:
•
-
and
stock
$194,593
28,662
1,361
I.Ill
389,672
etc.
A
.
14,927
mi
-
SHEETS, JUNE 30
Capital
$165,931
39,508
$68,591
$63,979
notes
Class
ities
profits taxes—
30,941
r.i
*$80,956
accrued
—
for
Prov.
Columbia Gas & Electric Corp.—Stockholders to Re¬
Est. Federal income and
excess
54,927
$89,167
$852,654
Corp.—bonds
properties and
Provision
$189,981
J 4,612
13,920
v
";r;-'-:vr ./■>;
—
Class
2,029
.
LIABILITIES—i
ceive; Rights to Subscribe to Cincinnati Gas & Electric
Co. Common Stock—Offering to be Underwritten—
(1939
and
Accounts payable
Accruals—interest,
for
h
•
97,076
*$50,009
Z
———
A stock
class
ctfs.
Cement
purposes,
Plants,
39,000
24,621
1,505
surplus
per
'
$104,797
14,692
taxes——_——
163, p. 2433.
share.
-
—357,748,055 508,128,545 423,216,318
admin.,
$928,455
$740,981
140,401
136,964
///
—™—
Machinery
60,609
mi
3,32$'
%'/»
Treasury
Investments,
company on Aug. 1 filed a letter of notification with the SEC
for 240,000 shares (25c par) capital stock and 160,000 shares donated
357.483,190 507,966,137 422,643,281 342,788,293
gineering, selling, service. advertising, and
interest
prewar
1940
of sales-.--—.— 337,628,789 441,807,762
of
in 1939.
S.
Supplies, prepaid
291,164
39,084
J $103,468'1" 5. $80,481
»
%
30
Z 1945
$144,094
——
hand
on
Consolidated
of materials caused largely by
industries which directly or ,in-
1946
income
v
JUNE
$1,279,030
203,261
Z'/Z
banks and
in
Accounts
Colorado Placers, Inc., Denver, Colo.—Files With SEC
wholly-owned" United States subsidiaries)
-
misc.
&
ENDED
——
-
.;, F
Inventories
329,034
29,688
i*.'..,:.
—
income
Earnings
—V.
,
deductions^-——'
Balance to
held in the amount
CONSOLIDATED INCOME ACCOUNT
6 Mos. End. June 30—
Net
,.
629,555
on
'
called
anti¬
/19,500
.
If
31,997
income
Federal
22,737
'
1
Net income
of vehicles to dealers were 182,442 ,as com-
primarily to the unavailability
interruptions to the operations of
directly supply us,
;Inter..
Privately
15-year 1st
> z
:Z
notes which were out¬
called for redemp¬
—
expenses—
dividends
Consolidated
&
*19,500
than
Total .income
net current assets on June 30 were
due
all
Placed
$1,763,350
sold—.
ASSETS—
$948,871
„
146,408
123,399
—
replacements
i»
were
MONTHS
COMPARATIVE BALANCE
U.
$422,214
:
24,522
,
Operating Income
Other income:
United States cer¬
in 1941, 614,731 in 1940 and 496,206
continues to run substantially below
(Including
week
p. 680.
unpaid
Total
144,602
—
the donated shares, gratis.
Issue not underwritten.v
;
corresponding
•
dwellings, etc
"Loss.
daily 47.5 degrees API crude
6,820 feet to 6,885 feet.—V.
interval
(electric)——
revenue
by
F r :
of
Cumulative
274.
ivthe
;
goods
Unamortized
Purchased power
pared with 108,176 in the first quarter. Sales in the first six months
—of 1946 amounted to 290,618 vehicles as compared with 665,750 for
•
SIX
FOR
;
Profit before Federal income taxes
Co., Ltd.—Production—
from
<
volume
the
Profit from operations™
Other deductions —_—;...
The
duction
ACCOUNT
and general
ation
6 Mos. End; June 30 12 Mos.End.
>
1945
June 30,'46
1946
be Reclassi¬
There was receivable in connection with civilian activ¬
and outstanding accounts receivable on war con¬
reduced to $4,446,283.
Total inventories amount to
period
for
Nonproductive plant overhead, net cost of oper¬
Colorado Central Power Co.—Earnings—
$18,191,968
tracts had been
same
of
Cost
Corp.—$5.60 Dividend—
''"'J -.-y.i-
June 30, 1946, totaled $113,212,942.
tificates of indebtedness and Treasury notes were
quarter sales
252,254,243
Cement Corp.—Bonds
sales
Selling
structure, about 10
produced ,at
short
on
K, T. Keller,
on
corporation's
C.—Files
notification with the SEC
barrels for the five weeks ended June 3.
v/
This
company,
which operates petroleum concessions in Western
Venezuela, southwest of Lake Maracaibo, announces that well WT 2
on
to 93 cents per
share on its first half 1946 operations, including the operations ox
Its wholly-owned United States subsidiaries.
This net profit is after
giving effect to the estimated recovery of prior years' income and
excess
profits taxes and after using $675,596 previously set aside
for
reconversion
expenses.
Except for these
tax adjustments and
Z; charges to previously
created reserves, the corporation's operations
/would have shown a loss of $5,210,214. (Dividends paid or declared
-totaled: $9,790,047.3
•
1
*
'
~
Second
with
,
30,
company announces that its production for the four weeks,
July 29, 1946, amounted to 422,668 barrels, which compares
445,519 barrels; for the four weeks ended July 1 and 571,466
cline
President onMAug/5, .staged iri part:
f
Corp.—Weekly Output—
,
•:
/
•
The
Southern
The 6% first mortgage bonds and 15-year
standing in the aggregate amount of $961,800
tion on Aug. 1, 1946.
Z The
f
;t81,138,365.
compared
as
Consolidated
Casta
Colon Development
i
1.4
.
,
Company has placed privately $1,000,000
mortgage 4% bonds due June 1,1961.
Z
25,958,106
.The directors on Aug. 3 declared a dividend of $5.60 per share
on the outstanding common stock, payable Oct.
1 to holders of record
Sept. 12.
A like amount was disbursed on April 1 and July 1, this
year.
In 1945, the following payments were made: April 2, $5,55;
July 2 and Oct. 1, $5.60 each; and Dec. 15, $13.10.—V. 163, p. 2577.
<
.
Z
;
19,695,990
21,755,660
,
:
:
2.3
0.2
183,032,000
1945, an increase of 3,475,809 or 1.38% .—V; 164,
.
$35.58
f
/,
1946
30,
JUNE
$45.38
,
Chrysler Corp.—Financial Statement
of $32,260,000.
!•
0.4
this
730,052
359,238,239 414,228,503
etc., of $51,920,054
1945.—V. 163, p, 3415.
Coca Cola International
Prov.
ities
: ^
^
/
depreciation,
at Dec. 31,
retirements
M
,
-j
$7,326,568
525,000
6,600,000
680.
/ Cash
Decreas®
F
electric energy of subsidiaries
corporation adjusted to show general business conditions of
territory served for the week ended Aug. l, 1946, amounted to 255,-
of
375,000
$7,332,631
13,757
.
fied and Offered to Columbia Gas & Electric Corp.
'Stockholders.—See that corporation beloW^
164,
-
1945
186,958,000
186,980,000
" 184,034,000
,
Commonwealth &
for 2,900 shares (no par) common stock. Offering price, $100 a share—
one
share to a purchaser.
Proceeds are to be used to operate a
general taxicab garage business.
Issue not underwritten.
34,762
Cincinnati Gas & Electric Co.—Stock to
corporation
1946
r/ The weekly" kilowatt-hour1 'output: of
Net
preferred stock,; ^payable1 July 1, 1946,
,$262,500; Federal income tax, $1,021,833;.. 7%
cumulative non-voting
preferred stock (par $100), $15,000,000; common stock (par $100),
$15,000,000; surplus, $20,787,269; total, $52,071,602.—V. 163, p. 898.
The
'
—V. 164, p. €80.
196,871,362 202,596,028
—
and $51,175,140
conslder-
the corresponding period last year.
of the past four weeks
July, 13—180,452,000
26,615,827
4,993,866
19,018,488
21,755,660
;—25.958,106
Earned surplus
After
decrease from
Week Ended—
1,290,008
.
—.——
surplus
Capital
$6,242,085
$7,807,325
•
SHEET,
.
LIABILITIES—Dividend
'
'
537,294,903
4,812,514
i.
Reserves for plant rehabilitation,and general reconversion & re-estab. of automobile business
1
"
1,193,943
17,550,830
—.
General operating reserves
'Capital stock (par $5)—
0.4%
a
August
3
186,131,000
July 27_
182,652,000
July 20—-^> 183,618,000
.72,834,173
—_
taxes
make
to
,
Subsidiaries^^—4,040,527
Accrued Interest; insurance and taxes/—>,
268,100
Advances on contracts for warmaterials
;
2,834,176
1946
series O (at cost),
Pont de Nemours
& Co. (3,049,800 snares), $44,659,257; investment in General Motors
Corp. common stock (85,000 shares), $4,187,654; investment in,, Wil¬
mington Trust Co. common stock (7,210* sharesju $903,592; investment
-in News-Journal Co., (wnolly-owned subsidiary), 7,460 shares, $846,106;
p.
*
again
are the kilowatt-hour output totals
and percentage comparisons with last
year:*
/
Accounts payabic and pay rolls^/w—/-.^—-4-. ,65,865,126
Dividend payable. Sept. 14,. 1946—
—3,263,349
——
BALANCE
Z
'
expects
Co.—Weekly Output—
Following
234,679
„
Accounts with
ASSETS—^ash, $774,992; U. S. Treasury notes; tax
$700,000; investments in common stock of E. I. du
"
1946, showed
.
,
359,238,239 414,228,503
The company on July 29 filed a letter of
;Net
total, $52,071,602.
2,294,961
-
SEC—
f- Net^ increase in surp. ; ; $157,565
$201,568
Earns, per com. shares
$55;05
$45.35
kU!»No liability for excess profits taxes.1-,/ ..." ■<'
r
t
248,467
company
Commonwealth Edison
245,836
801,000
•Property, plant and equipment, net—.——.
85,443,312
71,619,652
:Good'Will
—-7—-r——i'--—:------——1, ,"'v
: T
Prepaid insurance, taxes, rent, etc,——:.——
1,748,181
2,462,337
8,547
income
$8,782,565
Pfd. stock dividends-— ;■
525,000
Com.-; stock dividends-8,100,000
.
;
The
Electricity'output of the Commonwealth Edison group of companies,
excluding sales to other electric utilities, for the week ended
Aug. 3.
2,358,685
2,294,607
$125,000,000.
increased.
commercial paper open market has
Outstandings of such paper in 1941
by
of, this borrowing, medium; the announcement said,—V. 163, p.
\;z':Zz^\/v:'Jz V?z.
Vz> -vv
V'-'v Z'rz
//'< •
ZvV1'' Z-'V "V ''Y.
'h
{69,186
72,470,389.
1,305,140
$6,242,085
$7,807,325
$7,807,325
13,417
531,000
—
—
over
indicated
as
able use
3281,
,
,176,666
*
Fed.
than
other
of
.
substantial
1946
Total income ——/. $9,326,982
Exps.
company's position in the
been
84,744,899
2,358,685
—
Federal
y
v\
i
-
-
pf^icers
and employees
1
c',
;
expand it is expected that these credit lines will be
V
.
Treasury notes —>•
•
-
22,638,256
Investments in partially-owned domestic subsid.
1943
1944
1945
stock--—/ $9,318,435
on U,
S.
,
common
on
•
—
Expense advances ahd currept accounts,
•Earnings—
1946
;' F
Sundry investments and miscelL accounts (less
reserves Of $274,621 at June 30, 1946)
Total
Christiana Securities Co.-
Income
receivable (less reserves of $93,407. at
30, 1946)-———^——-——:——
(Canada, England and Belgium), at cost—__
Real estate not used in operations-^—I
...\\\
6 Mos. End. June 30—
ments
.
Invent, (less res. of $3,147,174 at June 30, 1946)
81,138,365
in wholly-owned foreign subsidiaries. • "
,
1
.
terest'at
Charles J. Zlmmerer, Vice-President nad ; Financial Officer of tb®
company, states that these funds
will supplement their established
lines of credit with practically all major banks of the United States
now
totaling over $240,000,000. As the company's
borrowing require¬
113,212,942 136,401,822:
32,260,000
37,840,000
notes
investment
Aug. 27 as the final
The Court Set
•
Treasury
S.
June
not needed for.
as
&
Accounts receivable from wholly-owned foreign
f
/ .subsidiaries
i————1.———i.*——40,161
^^n^^Sn^^for-
>tnisteesr^Of
indebtedness
of
Accounts
-
.
Cash on hand as of
of the bankrupt estate.
certif.
from the Equitable Life Assurance
Society of the United
States.
The loan is for a period of five years with in-^
;
June 30, '46 Dec, 31, '45
years' Federal taxes recoverable under
pro v. of the Interm. Revenue Code
9,749,446
2,159,590
savings bonds for: sale to employees and
7-.
v F, v
cash on deposit for purchase thereof
330,376
4 525,467
I>rafts against car flhlpments—6,293,693
•
working capital resources
subsidiaries)v
carry-back
U.
reserve'the right to
,; May, 31 totaled *$2,274,244: ^
countants retained by. the
S.
U.
.i
t
Prior
.
.
S.
U.
issues. ^However, it
a
wholly-owned
all
'^
Cash
payment be made
its petition, the committee suggested that the
10% return on principal of ^he $18,037,000^
In
.
(Including
-
;
VU
CONSOLIDATED BALANCE SHEET
.
-,
Monday, August 12, 1946
*
4
kraft paperboard, mill addiUon to the company's Fernandina (Florida)
pulp mill at an estimated cost of $5,000,000, iind: the expenditure* of
an
additional $7,400,000 for paper mill and power^^ plant improvements,
and corrugating and folding box fabricating machinery,
im¬
fibre
provements and additions to buildings and miscellaneous addi'ions.—«
V. 164, p. 680.r:-ZZ; ZV/;Z:Z-:v
;;V;Z' - F:-;/:;
■»
Z
.
Volume !64
iJ
Registers With SEC—
company
for 80,000
Aug,
on,
shares
filed
2
the
registration
a
>next
is
year,—V, 163, p. 3416.
'
.
Denver Tramway Corp., Denver,
Colo.
-—
The
for
shares
500
Stacey-Dresser Engineering Division of Stacey Bros. Gas Con¬
the 14 operating companies of Dresser Industries,
has since March l been awarded contracts totaling over $2,500,000 for the engineering and construction of propane-air plants
for gas
companies, it was announced on Aug. 7 by H. N. Mallon,
The
struction Co.," one of
Inc.,
<
Files With
President.
its
account.
Offering
approximately
price,
not underwritten.
-
$42
.
a
share.
Issue
The Stacey-Dresser Engineering Division, Mr. Mallon said, provides
general engineering and consulting service for gas industry utility
companies, and in the erection of propane-air plants secures a sub¬
stantial share of the required materials and equipment from various
of the Dresser operating companies.
Such items include pumps from
Pacific Pumps,
boilers from Bryant Heater, compressors from Clark
Bros., buildings from International Derrick & Equipment, couplings
from the Dresser Division, motois from hoots-Co.i'icisviue,
and pre¬
fabricated
piping from
Stacey Bros, and Bovaird & Seyfang.—V.
163, p. 3416.
V
>-'■■■
■' "
"V
'
S *'
-
a
XT. S. Treasury savings notes to fund to that extent current
liability of
company for Federal taxes, and the balance to working capital; -
Derby Gas A; Electric Cerp.^-SEC Approves Plan—
The SEC
July 30 permitted to become effective a declaration filed
proposing the issue and sale to an insurance com¬
pany of
$2,950,000 10-year 2%%
debentures, the issuance of sub¬
scription warrants to company's common stockholders entitling the
stockholders to subscribe to 20,066 additional shares of common stock
and the Issue and sale of shares of common stock upon exercise of
by
Corn Products Refining Co. (& Subs.)—Earnings—
•
'
8 Months Ended June 30—
1945
1946
1944
-
■
Profits
from
$2,275,189
$10,741,038
$6,269,396
1,302,898
738,408
626,337
$3,578,086 $11,479,448
369,829
474,085
1,179,000
6,196,100
operation.
Othpr Income
$6,895,733
517,794
—
the
Total income
Taxes, excl. of Federal
r;
Federal
&
state
income
Depreciation
taxes, etc..
810,000
proceeds
shares
810,000
$1,219,257
$3,999,261
$3,284,949
860,059
860,062
860,062
3,283,133
3,283,133
$2,923,935
$143;934
$858,256
$0.14
$1.24
$0.96
,
warrants,
dividends
Common
dividends
3,283,133,
^ Deficit
_
^Earnings per share.^..-*.^.,...^
—•V. 163, p. 2578.
,
Davenport Hosiery Mills, Inc.
Split-Up Approved—
The
;
stockholders
stock
common
on
the shares from
of
no
par
par
on
and
after Aug. 2, transactions in the common stock
said Exchange in the $2.50 par value shares.—V.
the
quoted
164. p. 418.
were
of
and
general,
are
production
others
for
material
follows:
.as
distributed
being
also
is
building
to
con¬
handling.
The present products,
handling equipment comprised
in
Material
of
loaders, cranes, shovels and auxiliary parts and attachments therefor;
feed grinders, manure forks, sweep-rake stackers used in conjunction
with the loader
combination
previously mentioned; and a field harvester which is
a
cutting machine for row or other seeded crops,
lifting the harvested crops to storage.
:
of
grinder, and
a
a
a
blower for
..
The company -intends to-• expand" its present manufacturing facilities
and to continue the
development of other allied products which, when
•service-tested and
proved,] will be added to its present line'of products.
Ift January, 1941/shortly after the beginning of the Defense ProCharles J. Davis and Loyd R. Westholt, as principal partners,
Organized a partnership under the name of Davis-Westholt Aircraft
.
gram,
Products
ttnder
for
the
manufacturing various
Aircraft Corp.
Later,
from
for
Cessna
secured
were
of
Beech
purpose
sub-contracts
contracts
^proximately the
Aircraft
airframe parts
additional sub¬
others, for
Co.,
and
types of production..
same
■
.
This organization continued in the same business until May 1, 1943,
business was incorporated under the name of Davis-Westholt,
with Charles J. Davis and Loyd R. Westholt as the principal
stockholders.
The production
program was expanded to include the
landing gear and other principal components of the Fairchild AT-21
j.
when the
Inc.,
•
Trainer, under sub-contract with
fit. Louis, as the technical prime
the
McDonnell
Aircraft
of
Corp.,
contractor;
These contracts: were
subsequently terminated In advance of completion. ;
:
^ , J
In
anticipation
contracts,
it
was
facilities
and
to
of
termination
deemed
of
portion
large
a
to
advisable
convert
their
of
of the
portion
a
war
Manufacturing,
commercial
V-J
Day
the
some
for
Common
•
($1
;»
*
•.
Subsequently,
,
which
became
by
amendment
effective
June
changed to 500,000 shares
156,600 shs.
the articles of Incorporation,
authorized capital stock was
of
1946,
6,
outstanding 1,300 shares
Of common stock were split up on the basis of 100 shares of common
stock, $1 par value, fort-each outstanding share of the par value, $100.
\
$1)
(par
loan
a
(2)
(1)
payment
made
through
estimated
of
cost
Smaller
for machinery and
<4) working capital, $11,595.
AGENT
in
Wichita,
Kan.,
of
Plants
equipment
presently
order,
on
The
REGISTRAR—The
transfer
$60,000;
agent
The. Manufacturers Trust
Samuel
Isabelle
promotion
Yamin
Assistant
Assistant Treasurer.
»
David
*•
a
company,
Secretary;
Secretary
were
Louis
and
elected
Airport,
The
and
.
C.
the
Atlanta
(Ga.)
City
land
Council
the
for
scheduled
was
addition,
following
was to begin,
v.-".
•:
E. Woolman,
President and
to
act
^ X--'
had
The
«•
had
been
overtaxed
so
necessary
Austin
Co.
to
designed
tract-for construction,
r
present
facilities,
'
the
proposed
Mr. Woolman said.
in 1940-41,
other cities. "•
additions
-
and
compared with
17,000
square
feet
square
has
that
Delaware.
During
building.
.
series
2%%
due
.
'
The
new
feet, compared with 21,000 square feet
years,
incorporated Feb. 19,1924,
the company's principal
mechanical and hand-dishwashing.
chosen national distributor for
newly
agent and the pfomotion of this product
resulted in substantial growth over the following two or three years.
At that time the company secured exclusive rights to employ a new
the
1935
In
'
was
company
water-softening
developed
patented product of the Rumford Chemical Co.. similar to the one It
had been distributing, which product it was able to incorporate in a
of
its
own
manufacture—Super Soilax,
Various improve¬
material
of
ments
the
company's
■
original
Siolax product have been developed in the
department and its various items are now
national sales ptganizatlon comprising at; 'the
research
own
distributed
through
a*
present time over 70 representatives.
(estimated
PURPOSE—Proceeds
$183,500)
at
the
will be added to
'working; capital.
New property will be acquired at/an estimated1 cost
of $400,000 which will be financed partly by a $175,000 mortgage and
also with the net proceeds of the $140,000 which the company expects
to obtain from the skle- of its present Brooklyn; plant.:
Thus,.:about
derived from working capital.
$100,000 for this purpose will be
pany
expects
fiscal
year
purchase
to
and
a
the
of
Com¬
devote approximately $70,000 during the 1946-1947
similar amount in each folUpwing year , toward the
these units may
l
dispenser unit;
"basis.
electronic
new
amortized on an assumed three-ypar. Jife
be
*
'
COMPARATIVE INCOME STATEMENT
April 30,'46
etc;
"
Cost
1945
1944
$2,015,348
1,345,453
$4,784,774
3,071,011
$3,779,470
2,513,425
sales, less returns
Gross
1,188,529"
$361,125
-
$525,234
34,021
$559,255
13,395
$33,500
$389,581
13,425
$34,075
—
$361,125
income—......
Total
deductions......
Other
——
$199,479
Federal income taxes
Federal
tax
income
Net
^Cash
profit
.
$149,646
Common
stock
—V. 164, p.
20,726
|-f
$24,800
■■■
61,080
2,000
$51,202
1
*/,
'
2,494
19,248
2,500
13,000
stock...i—
.
$159,808
$80,280
$117,860
-
dividends on—
Preferred
$150,357
v 9,,451
242,101
19,700
377,500
17,000
-
" 12,000
taxes....
-
25,308
;■
(net)—
State
•
profits
excess
650,598
$364,273
income
Other
$1,718,281
.
917,'326
901,771
1,208,770-
expenses....
profit.—'
Net
,
sales.
Operating
_•
_
-
of
30——^ ;
1943 '
—Year Ended June
10 Mos. End.
''
350
12,482
:
:' il*
350
6,048
555.
\'V ''t
''r"*
'"
'
-5
-
'/''V;'
^
'
Mines Co;, Boston
—
Registers
With SEC—
1956.—V.
The
shares
550,000
approved. * registration
capital ttock (par $1).
July 26
on
company
for
of
statement with
Of
400,000 shares would be issued at $1 per share to secured
cured creditors of El Canada Mines Syndicate, noteholders
holders of El Canada Mines Co., Ltd. and stockholders of
Gold
at
—-
the total
and unse¬
and stock¬
El Canada
Minei Corp. and El Canada Mines.; Inc., in exchange for eertam
The balance, 150,000 shares, would be sold to publiq
through underwriters.
;
$1.25 per share
•
installments
of
April
$200,000" each'on
■
164, p. 681.
and
Oct.
Co.—Earnings—
El Easo Electric
.
at
Oneratlon
1,, 1947; to
(;yv
,
Denreciation
Corp,-^Plans^New Preferred--
be offered,
mon
one
for each
'-"-The
both
•
J,":.;-;.;
special
a
of
a
cumulative
$3
Other
will vote on ap- ,
non-participating preferred f
meeting on
Sept.
25,000
-
-
new
as
to
preferred
share
now
held.v
and
class
B
shares.
is
•
assets..-v,$
Both
classes- of
non-voting.—-V. 163,
■
p.
common- are
1156.
*
--33,359
$82 214'
•
alike,? except that ..the
' ,v*•
" -
"
"
-
2,304;
amort:
164,: p. 419;
-
"
~
t
$831,114
I:67^501
,
•
381,876
;
30,318
„
$55,832 '
and surplus.
>
5,899
,
$66,713
requirements..^.
--Balance for common stock
-V.
$970,996
$1,053,740 '$1,007,315
: 222,625 .,v. 242.244
^$74,220
18,387
—.....'.l
^Preferred: dividend
381*876
400,173
.
876
,
17,804
and
Balance
290,346
Iinn'i7T
$1,047,841
$73,343
:
];Balance'"'2i-^£^.--i
;
•Interest
-.
At the year-end" there were outstanding 56,456 shares of preferred,
159,632 shares of class A- common and an equal number/- of-class. B
common
-
1,299,5$6
295,647
.
;;34,414
•$84,518
preferred stock will be junior to the present preferred issue,
dividends
;
$3,949,5 6
1,420,393
: ;
24,370
'
32,641
taxes
reveriues^I^
; Other income (npt >—i
119,978
124,199
-
Net oper;
.
1946—Month—1945
$315,521
$325,332
.
5
•••
,.?■■■■.:< -V;
cumulative-participating preferred stock would
share1 of "new preferred"and one share of class- B; com-
.
i
Period End. May 31—
Operating revenues
'Holders of present $3
;i
it
con¬
'
10
first
the
other institutional accounts for both
than
proving the ^creation
-
v
."'v
-
stockholders
The
stock.
the
i.;. a';
in-the. present
:
the-
New offioe space in the Delta addition-will total 22,570 square feet,
lungar will have 29,450
in
business was. the production and sale of its original product, "Soilax,"
which was offered largely to restaurants, hotels, clubs, hospitals and
company
not less
Di Giorgio Fruit
r
announced
built
base some personnel in
debentures
50,000 shs.,
1946.
June. 15,
.HISTORY And buslness-r-Company; was
Federal Income taxes—
Municipal
Aug.
General.. Manager ,t
25,
at
1951, inclusive.—V.
JiroJect, pointing out that expansion of the company's fleet and per¬
sonnel
'was redeemed' on
-
July
sell
annual
5 on leasing
which immediate construc¬
...y'.V
trust
'
$85,000
5,000
*200,000
, 137,480 shs.
cumulative preferred stock. - tlncludes'2,500 common
sold, under a five-year purchase agreement, dated December,
1944, to the company's executive officers and employees at $15 per
-share.
Such stock has > been-pledged as collateral for the promissory
notes' given
in payment for the stock. ; Includes also 4,980 shares
Issued as a result - of conversion of 5 %
convertible > preferred which
•
-ft*m
Atlanta
necessary
tion
at
.~JL '
■
'Series A 4%%
applied to the ICC for permission to Issue
par,
through competitive bidding, $2,000,000
of bank loan notes to provide funds to retire an equal amount of un¬
matured
1.90 to
3.50%
notes, due serially to 1951, which would be
outstanding after Oct. 1, 1946. New notes will mature in 10 semiOn
,
facilities
collateral
Stock
mining claims.
,.
maintenance
the
—
5.3
com¬
shares
Co.; New York, N. Y., has been appointed
6.
$5,000
400,000
Common' stock (no par)...
indenture
an
any
•
Outstanding.
v
serially—.
mortgage, due
EI Canada Colombia
Detroit, Toledo & Ironton RR.—Note Issue
Wiener,
Delta; Air Lines, Inc.—To Increase Facilities—
ahd
under
-
and Dec. 15.
15
Authorized
'. The Guaranty Trust Co. of New York has. been appointed co-transfer
agent for the common stock (par $l).->-V.-164, p. S.
J
-
Buchner,
A.
Irving
payable semi-annually June
dividends
subordinated note, due 1969-Cumulative pfd. stock ($20 par)--
of
issued
of
Paul,; Minn.
7%
Vice
The corporation on- Aug.. 3 -announced contracts had been signed for
$1,000,000 expansion which will more than double its preseht general
offices
be
0.8
8.9
5,562
1
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
First
Detroit-Michigan Stove Co.—Co-transfer Agent—
•
'•
Cumulative
SEC
sis Vice President in charge of recording.—
Kapp continues
V, 163, p. 1156,
,
named
was
Marks,
the
for
for
164, p.
At a meeting -oL the board of directors held on July ,26,* Miltcm. R«
Rackmil, previously Vice-President and Treasurer, was named Execu¬
tive Vice President; Harry C. Kruse, former Vice President of Decca
Distributing Corp., and
Leonard
W. Schneider,
former director of
Treasurer;
will
;105,387
Transfer agent, First Trust Co. of Saint Paul.
Derby to Manufacturers Trust Co., as trustee,
trustee
sales
the
Trustee Appointed—
and
Decca Records, Inc.—Elects Seven New Officers—
and
debentures
series
99,825
•
Economics Laboratory, Inc., St.
an
1956
Co.—
1,333 '
7,067
79,809
Offered—Kalman & Co.,- Inc., St. Paul, Minn., in July
offered 10,000 shares of Series A 4lk% cumulative pre¬
ferred stock at par ($20 per share).
•'
AND
.
advertising
Presidents,
each
to
Light
,
registrar is Fourth National Bank in Wichita, Kan.—V. 164, p. 418; :
-
of
notes
Power. &
Pet.
Amount
1945
176.551
The above figures do not include the system inputs
panies not appearing in both periods.—V, 164, p. 681. •
dated Oct. 1, 1941,
as supplemented by a first supplemental indenture dated Aug.
1, 1944,
and a
second supplemental indenture dated June 1,
1946, and they
will be secured ratably with the $1,410,000 of- 3%
series due 1954,
presently outstanding, by the outstanding, common stocks of Derby's
subsidiaries.;
'
Corporation, $109,405;
manufacturing space, $85,000; (3)
additional
payment
■TRANSFER
War
and
programs
&
Pwr.
National
When the construc¬
Derby will surrender
said subsidiaries in
the issuance to Derby of common stock of each such
demand
such
cancellation
tures.
the proceeds for the following
use
National Bank
Fourth
to
the
construction
1946
175,218
72,742
Light Co
!___
Electric Power & Light Corp
Derby will also issue and sell to
from
PURPOSE—Company expects to
purposes:
the
and
Amer.
Derby.
aforesaid
••—Decrease--4'
-
'
,
1
by Derby to make advances to its subsidiaries,
as the construction
program progresses, and for the purpose of retir¬
ing its $300,000 note, will be obtained by Derby through the issue and
sale of $500,0000 of 2%% debentures, series due 1956 (in addition to
the issuance of $2,450,000 principal amount of such debentures for the
purpose of redeeming an equal amount of outstanding 3% debentures,
series due 1949) and through the sale by Derby of an additional 20,066 shares of its no par value common stock to be offered for sub¬
scription by its present stockholders. The aggregate cash to be raised
.through- the. sale of the $500,000 new debentures and 20,066 shares of
common stock is estimated at
$973,393.
j
; The new debentures will be known as the.2%% series due 1956 and
will be sold to Equitable, owned of Derby's presently outstanding deben¬
May 3i, 1946, the company's authorized capital stock com¬
1,500 shares (par $100), of which 1,300 shares were outstand¬
prised
to
Co., as compared with the corresponding
follows (in thousands of kilowatt-hours);
Operating Subsidiaries of
new
the
.
.-' 'c ' '
'
•
& Light
Power
week during 1945 were as
per annum.
The Cash required
Outstanding
500,000 shs.
par)
stock
with
V;.
"
3%%
of
As
ing.
stock
Authorized
v
common
of
National
and
amount V (taken at the par or stated value of $25
to the principal amount of said demand
to be so surrendered by Derby. Derby
proposes to charge interest on the demand notes received by it from
its subsidiaries at a rate per anum equal to Derby's cost of funds ad¬
vanced to the subsidiaries, such rate of interest, however, not to exceed
CAPITALIZATION, UPON COMPLETION OF FINANCING
■
Derby
V
v
For the week ended Aug. l, 1946 the System inputs of client oper¬
ating companies of Ebasco Services Inc., which are subsidiaries of
American
Power &
Light Company, Electric Power & Light Corp.
per share in each ease).,equal
notes of each such subsidiary
Therefore, as of Jan, 1, 1946, Davis-Westholt Manufac¬
turing, Inc., was merged with Davis-Westholt, Inc., with Davis-West¬
holt, Inc., as the surviving corporation.
In May. 1946, the Westholt
stock interests were purchased by Nelson S. Talbot of Dayton,
Ohio,
and as of June 6, 1946, the name of the corporation was
changed to
Davis Mfg., inc.
j*
by
..
Input—
Ebasco Services Inc.—Weekly
•;r
$300,000
a
<
«
connection
'subsidiary in
Jjecessary,;
•
sale
consideration
Inc., whose sole purpose was to distribute and sell
products manufactured by Davis-Westholt, Inc.
After
continuance of the two corporations was no longer
•
retiring
towards
evidenced by demand notes to be issued to Derby.
tion work has been completed, it is proposed that
plant
type of peacetime production, but because of
man-power regulations then in effect, and as a matter of expediency,
the principal stockholders in Davis-Westholt, Inc., organized, on May
4,
1944,
another
corporation
under
the
name
of
Davis-Westholt
the
and
Equitable an additional $500,000 of new 2%% debentures, series due 1956, at 102%%.
(3)
Additional cash funds required by Derby to supply its subsi¬
diaries in connection with the construction programs will be obtained
by Derby through the issue and sale of new shares of common stock
(no par), to be offered to its stockholders on the basis of one addition¬
al share of common stock for each 10 shares of its common stock held
by such holders at a price equal to "$4 less than the average bid price
of Derby's common stock on the over-the-counter market.
Derby of Connecticut is engaged in a program of constructing addi¬
tional water gas generating equipment and equipment pertinent there¬
to; in addition, the company will install compressors and auxiliary
equipment for the purpose of transmitting manufactured gas to Dan¬
bury. Such additional gas generating facilities are intended to provide
Derby of Connecticut with sufficient gas capacity to service both its
own
customers
and
those of
Danbury. Danbury is engaged in the
instruction of approximately 25 miles of high-pressure pipe line for
the conveyance of gas from the new gas plant of Derby of Connecticut
to Danbury.
The new pipe line will be capable of delivering 120,000
cubic feet of gas per hour, being sufficient to meet the present re¬
quirements of Danbury, with an allowance for a growth of 150% . In
addition, Danbury will construct a new 614,000 cubic foot high pressure
holder, together with auxiliary equipment.
It is anticipated by Dan¬
bury that its present water gas plant will be maintained as a reserve
and that its present coal gas plant will be dismantled.
Wallingford
proposes to construct a new 300,000 cubic foot main gas holder.
The aggregate cost of the foregoing construction programs Is esti¬
mated at $1,340,000, of which the costs to Derby of Connecticut, Dan¬
bury, and Wallingford are estimated at $650,000, $595,000, and $05,000, respectively. The cost of such new construction is being met by
available cash on hand and by borrowings from the parent, Derby,
from time to time as additional cash is needed, such borrowings to be
HISTORY AND BUSINESS—Company Is engaged in the manufacture
sale of equipment principally for farm use, although one of the
items
and
(2)
and
tractors
to
companies
term note.
In
Davis Mfg., inc., Wichita, Kan.—Stock Offeree-Nel¬
Douglass & Co., Los Angeles in July offered 26,600
shares of common stock ($1 par) at $11,25 per share.
,
subsidiary
- v.
.-.'/'j v-.i;
inter-company financial arrangements incident thereto, Derby pro¬
poses the following transactions^
' • •"
V
(1)
Derby will,redeem its outstanding $2,450,000 3% debentures,
series
due
1949, at
101J/2%
and simultaneously issue and sell to
Equitable Life Assurance Society of the U. S., $2,450,000 2% 7o deben¬
tures, series due 1956, at 101Va% thereof.
yy
son
main
of 2%%
be applied
$500,000
stock
common
of
additional
stock to each holder of one share of common stock, and the New York
Curb Exchange on Aug. 9 quoted this stock "ex" on Aug. 9.
On
of
debentures and additional shares of
its common stock, the redemption by Derby of a portion of its out¬
standing debentures, and certain inter-company financing, in connec¬
tion with construction programs of the subsidiary companies.
Derby of Connecticut, Danbury and Wallingford are engaged in
construction
programs,
requiring the expenditure of an
aggregate
amount
of
$1,340,000.
In connection with
the effectuation of the
construction programs,
the operating subsidiaries propose to borrow
funds from Derby and issue demand notes therefor to Derby.
Upon
the completion
of the new construction, the demand notes will be
surrendered by Derby for cancellation and the subsidiaries will issue
.
additional share of $2.50
one
sale
1
.
•
.< •,
of 3% debentures, and
debentures and the additional
towards financing construction
Derby Gas&Electric Corp. aud its subsidiary public utility; com-;, :;
issue
proposal to split-up the
change the par value of
value to $2.50 per share.
The company oh Aug. 8 mailed
_
:
July 30 approved a
two-for-one basis, and to
on
a
debentures to be
$2,450,000 of 2%%
of sale of
panies, Derby Gas & Electric Co., ("Derby of Connecticut"), Wallingford Gas Light Co., and Danbury and Bethel Gas and Electric Light
Co., filed an application and declaration concerning, in brief, the
Change in Par and
—
of
program
short
Net profit
Preferred
proceeds
used to redeem presently outstanding $2,450,000
2,283,000
810,000
•—.
on
company
.
the
■'
r'"v
"■■■
r
companies to utilize liquefied propane to
or artificial gas, as the case may , be, at
times of peak load requirements.
Major Stacey-Dresser Installations
completed or in process are those for gas public utility companies
serving Columbus, Toledo, Detroit, Cincinnati, Boston and Blnghamton.
The plants enable gas
supplement either natural
own
reserve
■<
.
sf
July 29 filed a letter of notification with the SEC
of $2.50 no par first preferred stock.,
These securities
on
being offered by The International Trust Co., which holds them in
portfolio and the proceeds will be added to the latter company's
are
of Hanover-York Realty Co.;
$90,000 to anticipate pay¬
unpaid balance of mortgage held by Hadley Falls Trust Co.;
$183,333 to anticipate payment of non-interest bearing serial notes of
company issued to Continental Services, Inc ;
$1,600,000 to purchase
of
company
Cleveland, Ohio—New Con¬
Industries, Inc.,
Dresser
tracts—
;'SECp^;w
(debentures.
ment
the
new
Delta
fund
sinking
cumulative
of
square feet, while
20,800 square feet. '
• *.
for 21-passenger DC-3's,
hangar will accommodate the new 44-passenger DC-4's which
now flying and the 40-passenger Martin 202's to be delivered
shop space will amount to 15,790
and stockroom footage totals
present hangar was designed
shop
While
y.
New
use.
present
v
statement with the
preferred stock
<$25 par) and 350,000 shares ($1 par) common stock •/,Underwriters
are W.
C. Langley & Co. and Aronson, Hall & Co.
Net proceeds are
to be used as follows: $750,000 to repay a loan to Marine Midland ;:
"Trust Co.. New York; $360,000 to repay demand loans made to com¬
pany by Manufacturers Trading Discount Corp.; $57,500 to anticipate
payment of unpaid balance of a mortgage held by Provident Trust
Co.. of Philadelphia; $70,000 to anticipate payment-of 5%
income
The
;
SEC
in
now
Continental-United Industries Co., Inc.i; New York—"'
s
825
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4515
$763,613
\
$765,070
67,501
'
$697,568
/,W-;
J
826
THE COMMERCIAL & FINANCIAL CHRONICLE
Federal
Electric Auto-Lite Co.—Stock Sold—Lehman Brothers
and Smith, Barney & Co. on
the
298,971
holders
274,487
shares
ciation
The remaining 24,484 shares have been sold
by the several underwriters.
.*
;* / ■ * > '//'•>•// ;
/ HISTORY & BUSINESS—Company was incorporated lnrOhiai«ay .31,
1922.
The
and its
pany
and
sale
lows:
character
general
of
(a)
consolidated
various
of
the
business
subsidiaries
products
which
is
the
by
■such
lighting
com¬
for
motor
other
motor
vehicle
parts
aircraft
and
commercial
the
most
certain
and
/
The
of
Sept.
15.
C.
V
CAPITALIZATION GIVING
Outstanding
$3,000,000
Preferred shs.
•Common
$8,000,000
($100 par. 7%
shares
($5
cupU_„
55,000 shs.
1,500,000-shs.
par)-
fExclusive of 5,145 common shares in
;
PROCEEDS—The net proceeds
;
in
of
minimum
a
pany's, cash.
The immediate effect of
"be to replenish and
extent of
capital
*
the
will
of
>
the sale of
the
>
the
repayment
Xehmant Brothers
Smith,: Barney &
8.03%
8.03
.50
Bache
St
Bacon,
Co._
.74"
*
•J.
Barth
A.
G.
&
.50
Co,.—.50
Becker
Blair
&
Co.,
& Co.,
Inc.
Blyth
&
Co.,
Inc
Alex.
Brown
&
Inc.
1.34
■'•
■ ■
Sons
.50
Pacific
-.34-
Inc.
.34
Co.i,,'
Piper, Jaffray & Hopwood
.34
Reinholdt & Gardner /...
.Dominick—'
1.34
Riter
&
2.34
L.
Rothschild &
Emanuel, Deetjen & Co.,,
1.34
Field, Richards & Co
The First Boston
Corp.—
.67
Schoellkopf, Hutton &
Pomeroy, Ine.i
I. M. Simon & Co.
M.
Dain
Drexel
& Co
&
&
3.34
Glore, Forgan & Co._.„._ 3.34
Goldman, Sachs St Co.—
3.34
Greene
$ Brock,to_w—-L,
.50
Hallgarten & Co.,>—, 2.34
Stein
'
.
Ripley & Co.,
Inc.. 3.34
Harris, Hall & Co. (Inc.)
1.34
'
.67
*
1
if*
.50
'
Walker
&
,
Wertheim & Co.-U.-„
,
1.34 "
.67
;
v
\
„
/'•
The
1
report
assets
of
of
as
assumed
£tock
for
the
that
six
date
equivalent
debentures,
(preference
in
months
$159.02
ended
to
per
liquidation
June- 30,
•$3
per
•
;./.
-
Yeast Co.
]r/
below.
The
5%
^
J
^
6
S''
T
^
V
the
: >*
•
:-.j,
•
■
\
MONTHS
ENDED
'
JUNE
t
.
1945
$135,781
Operating
42,572
59,969
Interest
5.2,500.
53,125
income
expenses.-—
debentures.
State franchise &
sundry
on
nn
•
\
65,000
'
?-1
,
taxes
"
refunded
holders and
to
7,497
'
1,642
^Excess of income over
operating expenses.
Preferred dividends.—..,
1,770
-
and
:
ASSETS—Cash
securities
in
$76,626
company),
quotations
$173,310;
market
interest
*
.
JUNE 30, 1946
.
'
'
'
-
-
and cn hand,
$244,889; account receivable
delivered, $228,000; accounts and dividends
accrued. (including dividend from subsidiary
investments
in
Amerlcan
Corp. : (book
cost
nin Plannlng & Service Corp. "(cost
4'"91568
$7,453;
General
Account
payable
for
securities
"
on
payable, accrued expenses and taxes, $27,488'
debentures
outstanding,
$43,750;
reserve
for
21,147
$494,06Q
2,612
5,561
36,502
84,538
$80,871
$38,536
$645,9.78
$409,522
on
stock.
common
233,660
-
233,660
u-V// ^
.,.1945 $467,265
14,685
47,61^
$453,467
$419,653)
•,• •.
. 656,049 ,; '
563,28®.
/ ■•'L *;j$^.69, v.-
I
V. 164, p. 420.
^
•
was
are
being issued in
preferred
stock
(par
■
■■
.•.■:
-
■
.
' ■
_
V. r.
.
./•
.
-
Chicago.
filed
a
at
$53
a
share
and
balance
be
V
r
,
July 29 filed
The
corporation
Commission
of
a
Aug.
on
100,000
shares
of
its
'
■>
The
shares
capital
stock
be
to
offered
owned
represent
by
Sherr
the
a
and
.
'
,
.
'
/
300,000 shares of $1
Unaudited
sales
taxes
;
To. Build
Business
in
the
value
capital
stock.'
•: /•'•'---.•/•v-.
1921,
and net income
$213,774.* : This
and
Corp.
have
General Electric
three stations
relay network
for- television and. FM radio
transferred
engineered
programs,
in
the
by
GE- as
a
carrier
fagcimile and .business machine circuits'.
has
announced
been
:/':•///
by
charge of
facilities
will
Round
of
in
this
include
stations—
retain
••.
to
Dr. W. R. G. Baker, Vice-President
the G-E electronics department at Syracuse, N. Y., who
explained that Globe has an option to buy the network facilities after
they, have been "proved in."
It is the intention of Globe to extend
the .network westward/toward Chicagq.
General
Electric
will
now
build
and
experimentally operate.? al|
This
,
26
a
Top
terminal
Beqson
on
miles
initial
micro-wavq
station
Mountain
in
50
New
miles
...
-
network,
Dr.
York
from
„
Baker
City
New
Thes^
said.
and three relay
York, another at
52 miles farther north, and the third a jump
Helderberg Mountains, about 12 miles from down-?
Mountain
to
the
town. Schenectady and G-E radiQ..;and. television;.studios. ■
General Electric has finished construction of a new
130-foot
will
house
antennae,; transmitting and receiving
atus for the Helderberg Mountain relay point—V. 164, p. 556.
tower
■/''•••:
compares
1946, show net
Federal income
with net sales of $3,191,249 and net
after
provisions for
income of $118,571 for the entire fiscal
year ended Dec. 31, 1945.
The corporation was formed under New York State laws on
Aug.
Fownes
Machines
to construct and operate experimentally
Schenectady-to-New York City micro-wave radio
permits
a
being
1
wi.l
Micro-Wave Radio Relay Network—
approval; Globe Wireless/ Ltd.,< and Internatlonai
FCC
"
outstanding
family
to
which,
.
•*
t;
steel
appar¬
figures fur the Six months ended June 30,
of $2,246,969
of
par
a
,
•controlling interest in the company; however. * At the'time-of the
.financing the co.mpany will have only. One class of stock, consisting
of
company
,
Exchange
; ■■■<•.
of
SEC?
on
has announced that orders have been received. toi
large aircraft compainy with samples of silicone oil for testing
following, proposals made last week by the safety bureau o!/
Aeronautics Board.
Orders for the silicone product, con*
sidered to be much less inflammable than the petroleum oil now used,
followed the projections of new regulations made by CAB after long
Investigation" and study/of /air line fires;
1 / ,/ /
The company has been conducting extensive tests with silicone oil
during the war years.
According to General Electric, the Naval Re¬
search Laboratory has also put its stamp of approval on the flui4
after exhaustive tests.- The low viscosity change with temperature is
a
feature addition to the safety factor/ GE Chemical- Department;
engineers said,
< '.7
'
' * '
I - / .
/
:
The^ company. 1a .in thp- process, of constructing; a. new/ factory, fo#
the manufacture of silicone products at Waterford, N. Y., which It is
expected will be: ready- toy operation hear /the end ; of - the present
year.*
proposed public
capital stock.
Van
which
intended, for the present, to continue to manufacturo
metal
works,
escalator casings, memorial
purposes
the Civil
the
portion
/
General Electric Co.—New Plant at Waterford, N. Y.-—»
furnish
'
,
family,
of which
architectural
company
This
capital.—
working
;/|U$tyne, Noel/Co. will underwrite the offering. /
;
none
' /
2,000 shares of
Co.,
value
possible 50,000 with present facilities/
*
.
par
a
Aug. 2 filed a letter of notification, with the SEC.
6% cumulative preferred stock (paj- $100), to be
offered
at par.
Net proceeds will be used for purchase of 'modern
machinery and working capital.
Not underwritten.
//•/pHv/-••••■..///'/■•
^
../• "-S'-C-* ;
for
Francisco—Registers With
$1
compared to
General Confections, Inc., New York—Files With
a
covering
v
>
being produced, and increased production of institutional high
Subject
statement
possible
a
'
plant will enable the corporation to develop
for 1,000,009 low cost aluminum windows
350.000 in present plants; 700,000 low cost*
new
parts for Diesel electric locomotives.—V. 162, p. 1281.
dealings
from
;
5 filed with the-Securities'
registration
has approved application for
plant, which it is believed, can
/
The
-
.
new
City; here, also may be continued the fabrication of outdoor barbecue
grills and other consumer items. The Chicago plant will ba continued
•for fabrication of miscellaneous iron and steel work and production ot
exchange for each share
outstanding.—V. 164,
to
the
of
capacity
screens
"
'
added
erection
production
non-ferrous
registration statement -with the SEC
will
-acres
acre
early in 1947,
metal work. It is
Stores, Ine., Philadelphia—Registers With;
The company on Aug. 5
31
Saphier said the
now
/
"•
-
a spur from the Long
plot has also been purchased. The
acquired was approximately $167,000.
;
10
Before the war, the corporation operated on Long Island at three
widely separted plants, orginally acquired by consolidation of separata
.companies almost entirely engaged in the production of non-ferrous
Offering price,
suspended
'
on Aug. 2.
grade bronze and aluminum special windows.
$100)
.
>
;
Production-Administration
the
to
are
Fow^es Brothers & Co., Inc.—Registers Stock—
$500), $500;
accounts
accrued/interest
19,340
$682,481
plaques and revolving doors in the present main plant in Long Island
working capital,.:/
,
$8,016,457),
purchased'-., (not"'re-
1,907
$44,148
30,000 low cost hot air oil-fired domestic heating units,
■*
*t-
for
aluminum
registration statement7With the SEC
of cumulative preferred stock (par $25)/ UnderBlyth & Co., Inc. Proceeds, approximately
$1,06^0,950. will be
_used for redemption of class A prefcired; balance for expansion, worktlng: capital, etc.—V. 159, p. 2519,
.
;
Z/vs::';/ v :. it" '$5?
.
l
$472,913
1,208
intervening
compared
:
•
:
s
offering
-
667,341
$663,141;
for adequate railroad sidings with
an
be completed
,writer,
i,
,
U. S. Govt,
securities, at market
$2,199,000),
$2,230,000;
general
market
securities,
quotations (average cost
$G47,168J," $1,301,379; investments
LIABILriiES
Cfcivea),
*
(cost
of?UiolleS!
$30
.
bank
sold—not
and
total
-
BALANCE SHEET,
receivable
'
f-;-
3,263
$45,531
RR.,
materials
.
263,149
268,267295,8^2;
30l'l3£
gfvln? cffect to results of security transactions which in
nnt6,perlod resulted ln 11 P^^t of $354,798 after provision of
8108,000 for Federal income. taxes,
at
$20,913"
7
/
../t' ;/■//,>-i:, // 1946 /
provision for Federal taxes
$468,152
total cost of the
p, 555.' /
Aug. 5.
on
Foster '&' Kleiser Co.> San
SEC—
-
$166,472
$42,240
$83,484
„
*
To provide
Stock Distribut
—
see
-
Co.,
be added to
Exchange
$10)
(par
convertible
The company on
.for 100,000 shares
2.3,77
into
Island
'
.
.
lor
•
_
President; announced
*
^
-•
$82,275
^efeitod/stock baye be^ eliminal^^V;^ 163; p. 1726.,
Mr.
w
offering.;
preferred-stock
York Stock
Food Fair
stock
taxes paid
at source
iVno
'
!
"
deb.
598,256
*
V. 163. p. 2436."
-
Taxes
539,850
A 21V2-acre site has been acquired in Hempstead, L. I., N. Y„ by th|£
corporation where a $2,000,000 factory will be built, Aaron S. Saphier,.
60,000 shares ($15 par), cumulative preferred stock.
Underwriters,
Eastman, Dillon & Co. Proceeds will be used to redeem 15-year 3l/a%
sinking fund debentures, due 1959; and $2.50 cumulative preferred
-
75,833
..i—;«...
401,640
57,378
Genera! Bronze Corp.—New Plant—
SEC—
,
54,399.
13,970
86,700
common stock prior
shares, which were redeemed.
As
•for
" 1943
$199,365
43,643
$167,307
.
j*"v
.
30
* ' .-1944
1946
$270,682
Total
I
.165,813
1,164,053
61,400
4~2~341
outstanding shares of $3 cumulative convertible preferred
were called.for redemption on May
1, 1946; were con*
to the redemption date except 829
a
result, the dividend requirements,
the
which
.vested
.
.
147.
vv"
>7,013,272
deductions-—,.,-
All of
a took
initial quarterly dividend of 20
value common stock, payable Sept. 1
<.
to
are
convertible
stock
5%
p.
< ■
\)
$3,483,393
7,469,056
,
an
-\
,
Proceeds
New
,common
,of
,,
-
$9,671,944
Net profit fon coinmon stock--.^/,—/
Cptitmon"' shales.
Net profit; per commoici share—
:
preferred
.
EARNINGS FOR
1946—12 Mos.—1945
preferred stock dividands. declared-'——..,— ..."
Pursuant'to an agreement of merger filed .andi recorded ^luly ' 1/
-1946, $80 in V/2 %
20-year cumulative convertible debentures, (sub¬
ordinated) (scrip for amounts of less than $50) and two shares of
stock.
Comparable figures for June 30, 1945, were
$10,986.85
$1,000 face value of. debentures, $118.80
per, preferred share, and
per share of common stock.'
*,/„•?.
:
~:T
'
1
(& Subs.)—Earnings—
620,828
(net)_—
Net profit after
*
dividends),'and $3.81 per share of common stock.
♦
Comparable figures for Bee. 31, 1945, were
$12,719.30 per $1,000
debenture, $140.29 per preferred share, and $3.13 per share of com¬
per
$107,000
6 Mos. Ended June 30—
,
.
mon
deducting
Gajrdner-DenyeT. C.Q. (& Subs;)—Earnings^
v-
'
Follansbee Steel Corp.—Suspended from List—
on
*2.35
/
$0T2l
$821,117
—
Dividends declared
■'
,v
164, p. 1382.
Underwriter, Daniel F. Rice
share.
accumulated
and
" $0.08
—V. 164, p. 277.
N
1946, shows net
$1,000 face value
share
a
•
/
$14,261.40 per
share of $3 convertible
$50
Co., Janes-
'
•issuer.
•■,
(The) Equity Corp.—-Financial Statement—
,
Pen
the formation of company policies with
Filmack Corp., Chicago—Files With SEC—
iv; *
t.
,
$0.37
.
658,583
income
Net income
/ The company on July 31 filed a letter of notification, with the SEC
;for 6Q,000; shares of class A common stock ($1. par) for benefit of
2,34
;74
$196,729)/
Vice.-
on
•
-
;
tr.rV.
will work closely in
and
■'/.
2.34
-
White/ Weld & Co.The Wisconsin Co.__->/-
4.01
director
a
.;
Certificate of
-
,
Co....... 1.34
Watling, Lerchen & Co.,-'
$0:191/
t$187,285
,
Straus J|, President/
'
'
3.34
Alstyne, Npel & Co.,
H.
as
Frederick, former Vice-President of the Parker
cents per share on the new $2 par
to holders of record
Aug. 15.
Fof
.50
1.34 '
G.
1,134,17®
$0.20
$844,599
surtax
income-..
Income
resigned
Field & Streamm Publishing Co.—Initial Dividend—
.74
and
income
Gross
,
The directors on Aug. 5 declared
.
£34
normal
Other
;
.74
& Boyce
w
Webster Securir,
1,231.517
1946—Month—1S45
1
deductions-
Operating
to
The New. York Stock Exchange on
Aug. 1 also directed that Exchange
in the common stock on
Aug. 13, 1946, shall be "ex" said
1
___
$330,319
share
revenues
rev.
exc. prof, tax
Depreciation
contracts
Van
.50
elected
$393,116
.
distribution.—V.
ties; Corp.
Stroud «rCo., Inc.—
Union Securities Corp.,,
'
been
$1,106,037
1,641,924
$0.57.
Fed;
Amendment to the Agreement of Consolidation was
Aug. 1, 1946, pursuant to which each share of common stock
(no par) will be changed into two shares of common stock (no par)
by the distribution on Aug. 12, 1946, of one additional share to holders
'of 'each share of record Aug. 1, 1946.
.
1.34
,
„
Fed.
years;, as. comptroller's special representative ih the- Oil
Supply Co., a subsidiary of United States Steel Corp.,. and later
•filed
.50 (
Co.,_
Oper.
in charge of domestic -sales of all
Eversharp
writing and shaving instrument fields.
has
Federated Department Stores, Inc.
A
;
.74
Operating
Executive Vice-
•tion—
.34
'
_
Bros.
Stone-&
.
Barriman
Hayden, Miller & Co._,_w
Hayden, Stone & Co./,.,
Hemphill, Noyes & Co.„_
—V. 164, p. 555.
...
.
'
,
Ira Haupi & Co.__.
F.
Co
•>
the
___U»
1,236,QOO
.
Period End. May 31—
annual
2.34
3.34
/—
J.
Dominick
both
Willis
See Northwestern
;-
Curtis'.
,
post of
new
$1,566,31^
1,282,772
profit (
The Civilian
>
Paihe, Webber/ Jackson &
•
Investment
*
Trust
Northwest
.50
'
the
to
$1,783,380
107,492
share7^^».-,—^—„
per
Galveston-Houston Co,
'
Fearn Laboratories, Inc.—Stock to Be Distributed—
.34 "
Newhard, • Cook ■& Co
the
■
•subassemblies and fabricate^ C-46 aircraft units.—V). 164,.
-
.34
Nashville Securities Co,-*'
of
Steel
1.34
_
35%
Products Co. and the Firestone Aircraft,
Cp.,;,at Akron, Ohio.
'D.uring this employment, he directed manufacture of automobile
parts,
_.
Merrill, Turben & Co
3.34
-Collin,, Norton & Co—:—Commercial
'
2.34
elected
/:v
550,OQO
.
-After preferred dividend requirements. / tAfter
premium retirement of debt,—V. 164, p. 277.
'
_
.«7
Whipple & Co;-..
has been
£•,.
• •
1945 /"..' ;•/ " 19441
dividend
;as a negotiator for the Price Adjustment Bp,ard, Great Lakes Diyision^
Corps of Engineers.
Mr. Deqn was, previously associated for 18 yetos with the
Firestone
Kidder, Peabody & Co
3.34 >
Kuhn, Loeb & Co
3.67
W. C. Langley & Co.^U
2.34
Lazard Freres' & Co.,,
4 3.34 v
.
the
the position of Vice-President
of engineering, research
and
product development.
Mr.
former Vice-President of Sperry Gyroscope, joined Eversharp
a
May.'
Well
.50%
.50'
in announcing
.
•served .two
per¬
=
the board,
,
follow,s:
&, Co..„..^a_,_
Hornblower & Weeks
,J
.
$l,65p,037
profits/ taxes
exc.
^Earnings per common
,
loans.
the
■*
Hirsch
Adamex Securities Corp.,
Ames, Emerich & Co., Inc.
the
as,
H. Hentz & Co, :
Co/.:..
of
and
*•
.
retirement„__»^___
Quarter ended June 30—
•.
w'it^
/Frazer and Torbet,/ phicago accounting fim/vPrior,vto^that^.;he^ had
com¬
t
are
Chairman of
TSversharp, Shick injector razors and blades.
/. ,
,,,/
..
/
Mr. /Rart for the past two years .has been a "etaff "specialist
increase the working capital of the company to the
net proceeds.
This increase in net working
be effected hptwithstanding
fEarning^
paid
was
Manager of the company's hew
•Long-Island City, N. Y., plant..
"
/ Mr; Howard will assume charge of Eversharp's rapidly/expanding
manufacturing operations at four plants. ^Two new plants, at Long
Island
City and .Chiqago, .were; actohed/ thiac/nwnito,/;mpre-/than
doubling.. facilities for production of tne new CA (Capillary:., Action)
'writing instrument, Skyline pens, and pencils, Red Top lead, ink and
(a) Ap~
amount of the
?
UNDERWRITERS—The names of the underwriters
centage of unsubscribed stock to be purchased by each
of 30 cents
quarterly
a
Alfred C. Howard, former General Manager of
Fairbanks,' Morse fy
Co., Belftit, Wis.; has been named Vice President .in .charge/of mapuTacturing. Edwin P. Hart, Chicago, has been appointed. Controller, and
John W. Dean, Jjf.,;of Akron, O., as
offered- hereby will
shares
and-
Manufacture Chief Name^—,
,
'
?
$698,942
debt
on
Net profit
No. of common shares—.—
Net
President
in
Hugh
Mr.
11,494,855. shs.
1
Vice
ville, Wis.;
treasury,
$2,920,920 will be added to the
cents
charge
in
(b)
$3,369,376 and
20
Nicholas Zaro, effective Aug. 1,
•President in charge of operations.1
Trust Co.,
York;
of
v
with Central Hanover Bank and Trust
Co., Chem¬
and Commercial National Bank and Trust Co.
$10,000,000 to the payment of the company's out¬
standing current bank loan with Central Hanover Bank and Trust Co.;
(c) remaining balance of the. net proceeds (estimated as a maximum
Bank &
New
v
■
1946
charges-—-——--
V
an extra dividend of 30 cents a
stock, in addition to the x-egular. quarterly divi¬
share, both payable Oct. 15 to holders of record
a
Frederick
Willis,
company's V-Loan
of
H.
.
.proximately $2,800,000 to the payment of the-remaining balance of the
ical
after
Prem.
,.rr
'•
products
-
*
None
be applied.as follows:
are to
L.
■elected
.
.
1950—
Agent—
6 Mos. End. June 30—
declared the regular quarterly dividend of 25 cents'
preferred stock, payable Oct. 1 to holders of record
the
on
•Martin L.
EFFECT TO PRESENT FINANCING
Authorized
due
*
/•■.:/./:.-.--V',
(Robert) Gair Co., Inc* (&. Subs.)-^-Earnings-«- •
-
Profit
President and director.
Larry Robbins, who has headetl Eversharp's
"foreign and domestic sales since 1942, has been, n.amed Senio,r VicePresident and General
Sales-Manager tod Thomas Emerson has been
,
2%% "debs,
Worcester
Amsterdam,. Fultonvill.e,
,
1
-
'■
•
•
Gloversville,
V:
The: Chase National Bank;of .the City of New York has been ap^
pointed transfer agent of; the commPh: stock (50 cents par) and $l,37«t
bonvertible preferred stock; l$26. par),
/
- • »/
New Executive Vice-President—Also Other
Changes—
to distributors, dealers and jobbers for
directly to motor vehicle manufacturers
Chrysler, Ford, Hudson, Nash, Packard, Studebaker and
Willys-Overland) accounted for approximately 66% of the 1941 con.solidated net sales, and for approximately 56% for the current period.
Sales to Chrysler
(including those for Chrysler, Dodge, DeSoto and
Plymouth models) accounted for approximately 47% of the 1941 con.solidated "net sales and for
approximately 33% for the current period/
Sales to distributors, dealers and jobbers accounted for
approximately
22% of the 1941 consolidated net sales and for approximately 39% fot
'
th«
' ?
'
declarations,. said that they amounted to approximately
company's indicated earnings for the period.
or
,
:
Fram Corp.—Transfer
;
common
cents
Ralph A. Bard,
Sales
period.
partnership,-rand from members of
I.-/ //'/■: /
■->,
business .of manufacturing, buying, selling
at
located
are
;
Jfuiy- 25 declared
on
An extra
share
a
(including
the current
30
•Septi'"15.
-
sales for the year
trade,
1936 from Fownes
English
find BxoadaJbin, N'. Y.—V. 139, p. 598/
/
July 15, last.
The board, also
u
,
replacement
an
Engaged in ,the
ancj,
dealing in men's, women's and children/s gloyes and related accessories,,:
the company maintains its executive offices., In New York City,
tt£
on
_
1941, approximately $7%
consisted of sales of products used for motor
vehicles, as compared
.with approximately 91% for the current period,; Thesq products are
sold either directly to motor vehicle manufacturers
(both for original
Installation and replacement)
or to other manufacturers (as, for in¬
stance, rubber and oil companies, in the case of- batteries 1-primarily
replacement trade.
the
on
dend
aircraft, armor plate and a valety of aluminum and zinc dlecast parts,
now out of production.
the
directors
share
accessories, temperature and measur¬
molded plasti-c parts, and a variety
products of minor, importance.
Co.,
;
'
Ev^rsharp, Inc.—Votes Extra Dividend—
•
/
are
the
securities;
unrealized; ap-
Lodge Corp.—Transfer "Agent—
&
Monday; August 12, 1946}
in the company in
Fownek\fatoiy//" -/r/.//..v1'V'••
Fed. income and
•output aircraft generators, superchargers and hydraulic pump parts for
for
Brothers
-
interest
-
special products manufactured during' the
war period, such as automatic gyro-pilots for aircraft, fuses and boost¬
ers, steel and brass cartridge cases, projectiles, torpedo directors, high-
Of the consolidated net
appre-
New York
Curb Exchange announced on Aug.. 7 < that -until
including Aug. 20, 1946, deliveries against transactions in the
capital stock, $10 par of ;this company may be made with certificates
.bearing the .old par value of $50 per, share, or the present $lo/par/» v
After Aug
20/ 1946, certificates bearing the present par value of
$10 per share will be the only delivery.—V. 164, p. 276/
the
part,
unrealized
general market
The
*
For
oij
taxes'
and
and
ing gauges for industrial purposes,
©f miscellaneous
income
securities
the controlling
-
light commercial
•uses;
(gl spark plugs and'(h) miscellaneous products, including horns,
heaters, hub caps, spring, covers,
windshield wipers, bumpers and
vehicles,
Federal
Eureka Pipe Line Co.-~Form of Certificate--
and
cable
for
Government
generally grouped as fol¬
indicators for gasoline, oil, tem¬
electricity; <e) aluminum and zinc base die casting^,
including radiator grilles, hardware,' ornaments and various housings
for motor vehicles, and miscellaneous commercial die castings; (f)
wire
and
S.
The Sterling National Bank &.Trust" Co., New' York; Ni V./ has bOen
appointed transfer agent for the, capital stock.
.
1
and
speedometers and gauges or
as
perature
V.
acquired
plants
ignition units for motor vehicles
(including generators, starting. motors, distributors/colls, and, regula¬
tors) ;
(b> storage batteries, largely for motor vehicles: (c) lamps for
motor vehicles:
(d) instrument panels for motor vehicles including the
instruments therefor and for aircraft and marine instrument panels,
Starting,
of
Eton
:
manufacture/assembling
the
be
may
done
now
$186,929; 5% gold debentures issued by Amer¬
' Continental Corp. due Feb.M, 1953
(assumed)', /
$173,000; capital stock," $654,511; "surplus, $8,489,193;
preciation/$18,747,?44; total, $30,429,568.--V: 164; p. 7.'
share.
per
taxes,
ican^ British
$2,100,000; reserve
Aug, 6 announced that of
(par $5), offered- to stockr
were
subscribed for at $50.50
shares
comon
income
*:
succeeded
Brothers
&
to
the
business
Co.,.of London,
.established
England.
in
this-
Ivens Sherr,
country
General Houses, Inc., Chicago—Files With
.
■
29,
by
President,
SEC—
11
The company on. Aug. 1 filed a letter of notification with the SEC
'for 120,000 shares of class A common stock.
Offering price is $2,50 a
■share and the proceeds will be added to working capital.
Not under-
.
[Volume
164
Number 4515
General Investors
Trust-^Eatiiifigs—•
/ 1
6 Mos. End. June
*;•
Income—dividends
'■
1946
$41,095
,
•v-^ Int.■ (bfl bonds accrued
[ 1''f; TVif oT ifiAAtUiyi .-V- J"■-'/
Electric Production Up 2.5% in August 2nd, Week-—,
1944^'
/
1945 •'•
.
$49,228
11,348
$52,443
.7,662
$49,923
$49,616
,8,339
-$57,617
/
10,392
.
lor
12,495
JI
2.5%
"
Expenses
_L_~IIIZIZ
*
;
7r~
■
*Net income
■
•
^
Dividends
$44,781
$49,618
,
*
The net
:
^Values,
assets
the
of
amounted
Trust
at
June
$2,372,<)60,
to
10,905
or
$6.60
$51,415
46,831
:
or
losses
$51,513
30.
1945, based
per share.
securities,
market
on
a
ASSETS—Securities
and for
*ln
Federal
bank,
$363,848;
of assets and liabilities shows that
valuations indicated,
the
1946
Income—Interest
prices/(cost per books
$1,427,862), $2,021,175; cash
$8,095; accrued interest on
dividends
164,
683.
p.
r
asset
Dividends
Total
General
-
'
'
■
Production
i -Motors
-3
of
with
20,693
/ previous- week;
C«rp.-^-Weekly Output Rises—
]
cars
in
the United States
by General
slow, upward; trend
during the .week ended Aug.
a
carsr
:
total
July
75,051,
increase
an
of
only
production
$29,418
' 319,789
$349,207
37,111
38,053
:
42,377
in
13,193
cars
car
■
.; Passenger car i production for thU-irear to
date by GM is
as Compared with
248,63f
1,385,905 for the same period of 1941.
j
Comparison of weekly production between
194S and 1941 will not
be possible for the next few
weeks because it was at this
time during
1941 that/ all
GM'cat divisions Were:
l«gihning tb wind up1941 cap
'production and were changing facilities over for
the 1942 models. For
example, in the comparable week of
1941, only 19,021 passenger cars
were built by GM as
compared with the 20,693 built in the week
ended Aug, 3, -1946. In
/the/ latter period, truck production fell short
M & new
weekly; high • when/ with Chevrolet increasing its'
output of
trucks
considerably,, the GMC Truck and COach division was
forced
to curtail its
output. The GMC cutback was forced
by a strike among
that division's
principal suppliers of window regulators and
radiator
.cores and resulted in
the temporary layolf
Aug. 5 of 600 employees
by
plant resumed production of trucks
Aug. 6.
1
{<The number of supplier strikes/ which had been
dropping appreci-.
ably, during most of
July, haB' again Btarted to increase. Last week
68 such strikes"
were
reported as
:
against
Of the 68, 22
♦of GM,11;/'. f;,,J
! Following is
60
for
the
affecting production
were
in
;'
the
Canadian
r-'. /'■
tabulation
a
'
i-4
4
production
figures for
&
;
jEarnings
.
894
63
OM of Canada
' ,/•
9,350
'./The
1,987
-7,667
motional
164, p. 682/:
:
/
• ■
r%'"
''
All
the
of
tures
dated
outstanding 12-year 4%.
July 1, 1945, have been
i6, 1946, at 102% and
interest
or
a
campaign.' '
•
-
•
•
;■/:.
income
Carolina
Electric
Common
Stock
•-X'-"
Be
to
taxes
%
Oct.
7.
annual
dividend
the
practice,
15.
•epeclal dividend tb
dividend will be;
The
did
on
current
earningSu****-*—_
——w*—
profit
v
■
,
.
*
cient
number- of
shares
dividend
of
25
cents
declassified shares
of
per
the
164,
\
—V.
nolidated
net
Approximately 80
pared, with
its
cents
per
share
emerged in
period
January of this year out of
the
gross*
for
revenue
S94.985" from $55,257,104
in the first
increased sqles of electricity and
■eial
the
first
six
J-;
half of
gas to both
1945,
1945.
reorganizar
iaries,
showed
'$470,717
{ Mr."
conditions
Exchange
net
a
the
that
,
p
in " the
plan of recapitalization
which
of
>■
/,.•'
absence
were
This
York
proposal
:
•
/
•
.
and
New
'
-
"■+•
Total
State
with
,
.
Electric
the
New
Gas
York
-
Corp.
State
which
/
Public'
has
filed
Service
a
$3,558,213
2,640,085
//*;
$5,762,691
4,328,239
463,971
439,220
$970,480
$478,908 /-
,33,376
6,020
51,568
$515,512
J;...
$365,865
$530,476
—
9,213
conting..
before
.
Fed.
$349,183
$530,476
$746,339
114,000
215,000
247,000
$169,188
$315,476
$356,339
$5.16
$518,512
$9.04
$10.86
0.31
0.63
0.67
normal
income taxes—* /.
209,000:
$306,513
Earnings
per
:
share—
$8.78
Preferred
'
/
0.70
Common
—;
,
■
——;
$2,002,612
surtax
'
^
" 8,184
r:/'/
291,203
530,566
.
200,000
7,033
152,000
697,000
cash dividends/,-*.
Plywood
share, of such preference stock and one share of new common
for each 10 shares of such forpier common ^Stock. v The .selling
had owned substantially all of the preference stock sine®
1929; of the .common stock 30,000 shares were also acquired in 1929
and the remaining 28,345 shares in 1936.
7.888
stock
stockholder
1,495,000
45,000
45,000
/1^69»700
Cf149,500
$176,961
102,400
214,400
$326,456
230,400
;
dividends, paid_*_
-
l
-
18,900'
HISTORY. &' BUSINESS—company was
Delaware. Originally its name was Harbor
CONSOLIDATED BALANCE SHEET, APRIL 30, 1946
/
J
(net),
$300,000; accounts receivable (net), $1,929,327; inventories, -at
$3,172,078; investments,- and. other assets, $321,560; insurance
assets,
$164,522; properties, plants, and equipment (after re¬
serves for depreciation of $4,263,590), $3,258,010; patents, at cost, less
amortization, $17,953; good will, $1; prepaid insurance, etc., $144,488;
total, $11,031,864.
"
/
' /
fund
,
.
into
/
accounts payable^
accrued'taxes, $115,590; Federal, Canadian, and state taxes
v/ith its wholly owned
entered into an agreement of
subsidiary, MacDougall Export & Ship¬
as the surviving1
its
present
single
class of
preference stock
authorized common stock.
The primary business purpose of the company has, at all times sine®
its organization, been and now is the manufacture and sale of plywood
and plywood products. • In addition it formerly engaged in the manu¬
facture of doors, but no longer does so.
However, it does purchase and
sell
doors
and other building materials in rder to provide a more
line of products for its distribution outlets.- ,
products produced by the company range from plywood
its-simplest form, to specialized items, such as resin-impregnated
complete
The plywood
,
LIABILITIES—Note payable to. pfflcer, $200,000;
$588,664;
•
merger
ping Co. (Wash.).
As a result company continued
corporation, and converted its former common and
;
cost.
organized May 2, *1929, in
Plywood Co., but this was
Changed to present name April-4, 1930.
Effective Sept. 7,-1944, the company
*
ASSETS—Cash, $1,723,924; U. S. "Treasury tax savings notes, at cost
.
,,
each
•.
152,000
$497,778
//'
Class B
/
,
Plywood Corporation, transfer agent.
National Bank of
$
i/ • /
SELLERS—The selling stockholder acquired the 106,234 Vi shares of
cornmoii stpek being sold by it, in exchange for 50,200»shares of 1 $2
cumulative dividend convertible preference stock and 58,345 shares of
the former no par value common stock, under the terms of agreement
pf merger, entered into between the company and MacDougall Export
& Shipping Co. (Wash.), under which holders of preference stock, andt
former common stock received two shares of new common stock for
1/523' *
8,101
318,000r
.
profits .tax—62;000"
state income
cash
;
v,
Harbor
—:—
500,860
200,000
:
" 2,265
:
income
;
Washington, Tacoma, Wash., registrar.
$2,905,646
284,683
—i/-*- •
: 4,733*"
;
•
' (net)• ,/
expenses
'
,
/'
-■
^ j
Co.
1945
v 1944
/
$1,917,868
$2,855,496
84,743)
50,150
71,095
•'
Corp.—Stock Offered—First Cali¬
Aug. 1 offered 131,235 shares
of common stpc.k (no par) at $27 per share.
Of the total
25,000 shares are being sold on behalf pf the company
and 106,234 shares on behalf of Metropolitan Industries
Harbor
Subs.)—-Earnings—
7/^Less cost of'products sold but before providing for depreciation.
'
143,000
66,000
Fed., excess profits tax-
/
150,000
Income
———!•-*
and
83,355
41,677
Cr25,000
—*-
for
$979,693
pla.at
,
Electric
Commission^
.
lpcomc
taxes
55,000
Net
»
refinancing
217,826
$359,845
.
*
...
of cmerg.
Profit
State
taxes—"
CUr*
,
&
..
Allowance
J946--7 Mos.—1945
1946
$1,589,935
ExcW/AdJ.!/^!-!:!——J
Federal-'Vxcess
teanadian and
the
this month and that cash proceeds of
approximately
ultimately become available to General Public Utilities
has been, earmarked tentatively for investment in
sum
..
-faculties
.•
;
"
Federal.nbrinal inc. tax and
adverse, miarkbt
England Gas •&
249,244
■
.
April 30—'
Class A
,
...
«...
$4^00^00; bf/first rnbrtgage sinking
Net sales
programs
•
of
.
1946—6 MOS.—1945
1946—3 Mos.—1945
$482,135
Other income
12,531,274 107,438,176 V 93,251,185
r
,
issue bi
new
Canadian
has been, approved by the Securities and
the Federal District Court, is. expected to
already
Commission
$5,000,000 will
New
14,399,727
%s Prbvision; for. general' contingencies''
Jnterest" expense
J
be consummated
Corp.
a
...
July
reported \also
-
•
Gross- -.profit,.
i.
:
1946—Month—1945
Other income
:
six months- of 1948 bit
16, 1946, except the Philippine subsid¬
income for the period of $723,005 compared with
pn
for.the first half of 1945.
Tegen
^Association,
/
owned
565,663
fornia Co. and associates on
*
{ / Associated Electric Co./ reporting for the first
properties
•
With SEC—
$2,734,931
1,444,862 / 2,157,260
'
administrative expense
t v'V;V; '/vivi-^ ''' • r
t
3
.-/:;//•/,
Post-war refund' of exc.' ptdt, taxes"
pointed out that sales to industrial customers
dently increasing, indicating /that; postwar manufacturing
$gre .npw under way,
all
"/•;
Greif Bros. Cooperage Corp* <&
$56,
of
sales-!!—*'
■S-V/163, p. 2438."
.
residential and xOmmer^
Tegen
' --
1
2,626,619
2,841,972
528,000
'"
i
$2,176,242
of
v
1946—4 Wks.—1945
1946—21 Wks.—1945
$6,183,401 $4,168,626 $29,S54,014 $20,183,684
/
_
—
"Miscellaneous
to
r
--
Dost
" ' $197,129
The proceeds will
be used to retire $4,746,960 of first mortgage 20-year 5%.
Sinking funcl bonds dated; April 3, 1936.~rVV 164, pi 683;
users;
Mr.
'
1,453,936
»731,670
<^
Hamilton Watch CO.—-Earnings— "
tual Life Insurance Co., Milwaukee.
:
a'reflection
7Deficit.-4-V. 164; p. 422*
Period End. June 30—:
f
3 V2% series dated Aug. 1, 1946, and due in
1966.
The bonds were purchased by The Mutual Life
Insurance Go. of New York and The Northwestern Mu¬
'
.
•
fend. Jfuly 31—
6 Months Ended
of
months' rose
•
;
fund bonds,
,
Consolidated
$4,080,546
v ^
/
emergency
Hajoca Corp., Philadelphia—Files
corporated; and Wood,' Gundy & Co.,; incorporated,. vin
private sale totwo insurance companies on Aug.
the
tm
jtloh of Associated Gas, & Eleotric Co. and Associated Gas & Electric
>/-:•
;
122,529
'/".•■
stock.
pro forma figure of $5,627,616,
subsidiaries during the corresponding
a
:
/•
Belling, advertising and
.,'
1946, equal to'
Total
$1,661,031
This com¬
/ Provision for . depreciation.
262,741
/
reflecting the operations
Selling. $.dmlh'."'aiid'/gbh/"" expenses/:;
" 458,514
present
company
+-—
The company on' Aug. 2 filed a letter of notification with the SEC?
10,000 shares ef $1 par common stock.
To be offered to present
{shareholders at $25; per share.
The. proceeds will be used for financing
bf four new warehouses, Not underwritten.—V. 164, p. 683. . , ..
j -
"7
of
months
.common
.Corp.
\
;
/
'
164, p. 278.
sold
.
six
the
on
———--
$3,573,642
$328,646
1,037,881
.
•
la
to
income, exclusive
•subsidiaries, of $6,068,537 for the/first
926,200
77,137
;
.» ,
$5,118,427
$4,499,842
$405,783
,
•
77,046
——
*Deorease»
•
.The First Boston Corporation; McLeod, Young, Weir, In¬
/
stockholders, A. F. Tegen-,
Public Utilities Corp. earned, a- eon- i
of
Associated
Electric CO. and its
president, reported that General
of
278. •
p.
Sales —I
Re¬
permit distribution of one 3hare for each
It is expected that an initial semi-annual
statement
$339,804
,
Amort,
semi-annual
share will be paid in December
South Carolina company.
$5,147,447
129,019
-..n-,•..
, i..
104,524
Earnings" before giving/effect to tax reductions
resulting from amort, of emergency facilities
Preferred dividend j requirements—-————_*/
'
a/'suffl-..
to
$4,528,524
/ • t28,681
/.i./'
29,353 /.
i..;
-
through, allowance for
;
<W. T.) Grant Co.^July Sales Increased 14.9%—
"''
"The board also acted favorably upon a program /which
contemplates
the reclassification of the common stock of South Carolina
Electric &
Co., a subsidiary, and the distribution of such stock; via a nbutaxabie dividend to stockholders of General Public Utilities.
The plan
tjalls/fot reclassifying the South/ Carolina common stock into
"10 shares of GPU common.
$421,691
115,908
:
i
i
.
'
—-v.
Gas
The
■:
Perlod.End. July 27—
Sales
payment dates being
consider the amount of the
indicate in any way what the initial
$310,451
(net)**.-*;:
,
$198,178
l,'049
-
——
__—
.
dividend
not
1,311,862
<
29,594
* Grand Gniou Co,—current Sales (Up ^48 ^,.%—
.
semi/-
probable
board
193,809
2,741,970
1,301,222
—•—'—'—
$338,458
taxes
Net profit
"
on
May 15 and Sept.
197^142
2,125,026
:
revenues™"
of
880,008
16,150
Net; inetm*e-i.'-__L--*!. .' $262,758
Extrord.
reductions
in
;
Fed. taxes bh Income// /
1—1,7
——
income
fccchange'tckS bh'profits' bf tbreigji $ubsidiaries____*-!,-/*^
Aug. 5 declared a special dividend of 25 cents per
the common stock, payable Nov. 15 to stockholders of
record
The directors indicated that
they expect to follow .a
on
1,530,299
109,303
;
Great Lakes Paper Co.; Ltd.—Sells Borids Privately-—
The directors
6,379,776
1,036,895
1,589,175
210,620
interest and amort.—__
:
•I.
"ers.
ahare
6,283,020
76,825
128,600
16,817
facilities
—.—
—
Fed.
Frov. -for
classified and Distributed to GPU Common Sharehold^
/.
541,998
149,892
110,887
taxes—
;
$308,862
credits
Depreciation/-'!—
Period
•—South
.13
1946—12 Mos.T1945
$1,505,190 $17,061,006 518.185,175
143,334
acquiadjustments—
/Balance :/*-—1^—
,
for financing $ pro¬
/• Net profit
:
General Public Utilities Corp^-Special Cash
Dividend
•
.20
.52/
.13
.085
1946—Month—1945
-*_*<
Other ihcbme
-
:
.08
.135.
.12 ■/
.06
.06-
for
-for each $1,000 debenture.Holders may immediately obtain the full
redemption price, plus accrued interest to Sept. 16,
146, upon presen¬
tation and surrender of said debentures at The
Commercial National
Bank & Trust Co. of New
York, trustee, 46 Wall St., New York, N, Y.
V, 164. PP. 683 and 278.
;.fz
.21
.04
$1,307,725
487,592
88,751
revenues
Net oper.
New
-V; 163, p. 1727.
v-rr*'
.15
.19
.09
*
Other
'i,:l
Dperaifaig
Net
■
.025
.06
.12
Gulf States Utilities Co.—Earnings
*
—.*
convertible. subordinated deben¬
called fcr. redemption on Sept.
•>//
.125
.13
.04
89s739
total redemption price of $i;033.33
y
.05
.05
.
.035
jsition
profits from sales
$1,242,311
.♦Selling, advertising and administrative expenses*,
908,847
Social security and old age benefit insurance——24,602
Calls 4% Convertible Debentures—
-
*■
,
.02
Sales
I
.25
.04
Depreciation
Amort; of plan
Gross
K"
■
.16
.12
.005
Operation
Maintenance
'
'
Income
1
.40
.06
.13
.03
(
(H. W.) Gossard Co. {& Subs.)-^Earriings—
r-
"•
.195
.10
.08
.01
iPeriod End. May 31-
Registers With
EARNINGS' FOR: SIX MONTHS" ENDED MAY 31, • 1946 '
i ^.General Phoenix Corp,—rPlaces Notes. Priyately-—The
corporation on Aug. 6 annOttnced tliat it lias, sold
^2,000,000 of 3 Vi% subordinated sinking fund notes; duo
1961, to the Mutual Life Insurance Co. of New York, the
jprocteeds to be used to /handle an enlarged volume of
■'
.205
,04
.04
,.04
.-045
.
business.-■
.10
.005
'
.06
will be concentrated in the final quartet of the year and
to
the extent practicable each shareholder,
at his option, will be
permitted to receive the year-end-extra dividend in additional shares of
the class on which it was paid.-—V. 164, -p. $56.
>
on
Co.,
.29
.035
i——
.01
>
• •••
,
.20
.18
.04
amort,
•
i.6,212/
;
;
.10
.11
ordinarily
$0.67
.U>
.02
.10
.07
.05
.02
——
.04
$277,156
$0.33
,
»>
-fa!Cturing plant/ .for purchase t>f inventory
/•/ 312 V
v'.ii9,t&$
$0.77
<•/ :.
.30
.28
•
'
.
.27
1.14 I-:
.13
■
\10
stock
Federal
—*
C-a..
.06
.32
.05
.27
.10
.01
.19
J..31
By '^regular dividend" is meant dividends from net investment in¬
"Extra"
dividends represent distribution
from accumulated,
profits.
- ">
£
,
ir;
The declarations are considered to, conform to the policy stated in
the May 31, 1946, report to shareholders, in that extra dividends beyond
/amounts considered reasonably spendable .(when, as and if available)
52.781
$144,253
.165
come.
Aug. 5 filed a registration statement, with the
shares ($1 par) common stock;
Underwriter, Eldea%
York. Price is $3 a share. Estimated net pro¬
$727,000 will be used for remodelling and equipping a manu-
&
ceeds of
'
i 296
$0,810'
30,964
-•'
.24
.09
.145
undistributed net
/<
*
v£..^Vv»V: i,'j
...
company
Wheeler
2,250.
5,133
;
■
$293,326
.
.40
.16
.10
.08
.
.02 :•
Utilities
932,757
•
.045
'SEC for 300,000
8,218
1,283
'-4—4-'
Gloria^ Vanderbilt Corp.^New York
11,131
1,248/
•'«;»
Total U. 8. & Canada
,;
«
? - 932,486
-209,371
.25
.12
.05
.15
.08
.015
Steel
(333,-
common
t—V. 162, j?. 2642,
9,598
14,764
'•■••./47--
1,056
v ;■••■■■//
'
per
195,274
.24
.10
Tobacco
$1,262,693
$1,286,110
•
earned*«urplus__i
share
243 shares outstanding);
"
y
u.—•/•
V —Coaches
?%' >
Net balance- to
.
j>. < '
2,622
'■% ^;t6$'
Coach /:
f ■ w-Trucks
—V.
11,484 -
$488,600
.105
company_L—i—
priced—-;
Operating
ll—__
.135
Railroad
ITi
9.133
36,720
.08
equipment-.—.——
$1,253,566
g 132
r,t>n
«»-
••
Prov. for inc. & excess profits taxes
•Reserve • for •' contingencies—*----- _•
truck
3,518
..
-•-•76r:'
income'
Total
/
-
.
$1,277,978
$451,880
~
,
net of ekpense_/-_-
income,
.23
.03
•
Railroad
,pv.a
.
3,319
Cadillac
'
3,311
2,826
Buick
Other
week.
..
.-*
income™™.
.31
.115-
.03
•Railroad- bond—i---—4-*—
15,'46 Jiine 16/45 June 17,'44
$4,657,264 $6,547,258- $5,530,130
4,205,384
5,269,280
4,276,569
-
July, 1946/ June/1946
38,205
30,661
30,909
20,746
,7,055
2,938
t'--— "/ ;■
Gldsmobile
operating
.08
.115
.04
—
Petroleum
in
'
Net
bond-—
Merchandising
.Mining
.
/% June
a
Operating costs and expenses
-Month of—/,
Aug. 3, '46 July 27, '.46
10,849
•
10,321
7,652
Truck
272,189
\
~
accrued,/ dividends
.
•Net bales'
divisions
and
car
investments
12 Weekk Ended--
,
•f)-•
-
_•—
"Pontiac
Low
General Time Instruments Corp. (& Subs.)-—Earnings
;
•
.
——Week Ended
GMC
previous
'
t^hevtoletr^Passenger
Investing
$259,387
.23
.035
machinery—*—
Institutional
.13.
,05
.07
bond-i-^——
Industrial
receivable, $65,515;
.
......
of
divisions:
*'k Truck
General
6,506
.05
.10
.01
.035
^1--*——
Fully Administered—
30,000
.01
.05
equipment—--—
-
.045
-Of
.
—
—
Electreial
payable/ etc., $23,143;
;due for securities loaned against cash,
$153,900," due for securities
purchased, $198,769; due for securities purchased when issued, $89,755;
.reserves for expenses, taxes, etc., $16,922; funded debt: 3% debentures,
due
Dec. 1,- 1960, $2,650,000; preferred stock <90,750 shs. no par),
$2,268,750; common stock ($1.par), $1,602,450; surplus, $12,368,906;
total, $19,372,595.—V. 163, p. 2726.
the
over
$1,103,391;
cost,
LiABILITlES-4-Interest
made
-
Chemical
Fobd
37,678
•:
Quarter—First Three Quarters
Total Regular Extra Total
.30
.115
.185
.10
™
.055
Building ™**»-:
$333,572
'
&
_**
....
•Aviation
$39,765
293,808
319,771
/•/'Total or
"•
.04
.10
Agricultural
Automobile
other securities, $17,496,231;
receivable for securities sold,
$108,365; /.receivable/for securities /sold when issued, / $70,749; apecial
.deposits for. interest, tUvidends, etc., $16,518; total, $19,372,595,r ,
r
for June.
Original plans had called for a 50% improduction for July over June, but this increase was
impossible because of
continuingvttiateriftl shortages und supplier
etrikes.
•Vrease
■'
—For Third
Regular Extra
1943"
'
'
Distributions—
.The following dividends on the various classes of shares of this cor¬
poration have been declared payable Aug. 31, 1946, to shareholders
t;of record Aug. 16, 1946:;V/.,';:v^:--i«
••
''•••<•''
v •'//''•• 'v;:/-
ASSETS—Cash in banks, $511,627;; investments in U. S. Govt, secur¬
dividends and interest
lurfted
was
V* Group Securities, Inc.—Extra
$352,649
$396,686
——
1944
$32,878
362,958 "
_•
™
1945
$33,727
income**'---!.1
expenses
ities—at
out, as compared with 20,438 for the
according to C. E. Wilson, President, who also re«*
-Wealed that GM's total
passenger car production in the U. 6. for the
•month of
j
'
passenger
continued
;.r
and class B common stock (54,000 shares no par), $2,491,113;
surplus, $5,208,995; total, $11,031,864.—V, 162, p. 3073.
par)
earned
pf the 3%
.
General Motors
-
for
no
•
;
June 30, -1946,
on
coverage
LIABILITIES—Shares of beneficial interest (359,103
27,040
26,500
44,957
^Interest ■*.—.•_*-*_.-_——
shares, par $1),
$359,103; capital surplus,
J
;
Taxes
5,158
4,824
5,807
$1,403,448; unrealized appreciation of secu¬
r
rities, owned,
$593,313;. undistributed income;
$16,196; dividends pay¬
able July
20, 1946, $21,546;'due brokers on
v Net-income
$279,290
'$303,545 • /;$283,880
redemptions, $2,634; ac-//
tsrued miscellaneous
Preferred dividends--;
272,198
taxes, $163; total,
272,0901 -i 272,060
$2,396.402,—V, 163,. p.; 1565. ;
} //.'./•/
BALANCE SHEET; JUNE 30, 1946 /
'
-
.
EARNINGS FOR SIX MONTHS ENDED JUNE 30
owned at quoted market
income tax purposes was
bonds, $3,284; total, $2,396,402.receivable,
1945.—V.
sub¬
reserves
for general contingencies, $1,450,000;
insurance, $714,099; class A common stock (64,000 shares
$166,636;
sidiaries,
reserve
debentures was.935%, the asset coverage of the preferred stock was;
$243.93
per
share, and the asset value of the common stock was
$7.65 per share, after allowing for the liquidating value of $105 per
share of preferred stock and for dividends in arrears and accrued
on that -stock.
47,830
on
BALANCE SHEET AS OF JUNE
30, 1946
«,
The summary
the basis of
on
.
ri,r_.
^***~ ;
43,397 •
44,074
*No.t including-realized
and unrealized gains
or capital
expenses.
.
corresponding week cf
General Shareholdings Corp.—Quarterly Report-*-
;
$62,419
$60,009
8,594
8,599
the
over
$96,768; payable to unconsolidated
estimated -(net),
Income,
on
'
The'.electric oiitput of this corporation/ tot the wCek ended Aug.- 2,
1946,' amounted to 125,963,200 kwh.,-an increase of 3,079,837 kwh.,
,
1943
827
&^ FINANClAL CHRONICLE
THE^WMMERCIAL
in
pulp-faced fir plywood, now commonly called
"plastic-faced plywood.'*
FINANCIAL CHRONICLE
THE COMMERCIAL &
828
of the
.
The
latter
article
of
mencement
offered
was
the
just prior to the# com¬
"super-harborite." Dur¬
limited to items specifically
trade
the
to
ing
the war period,
this product
requested by the government.
was
,>
s
''
The manufacture of plywood and plywood products is
the company in its plant at Hoquiam, Wash,
CAPITALIZATION
*
'
■
of
$947,000
15, 1949
251,224 shs.
-
_
conducted by
stock
offered
now,
-|i;
(30 days after call for redemption), upon written notice by
accompanied by the certificate or certifcates for,
/first preferred shares, duly endorsed. Holders of first preferred shares
who desire to exercise their conversion rights are requested to trans¬
mit certificates for first preferred shares, together with request for
$9,789,247
V 63,014
7,587,729
•
1
',<•
9,935,026
company's transfer agent and registrar,
Co., 312 Davidson Building, Bay City, Mich., so that they
ceived prior to 6 p.m. (EST) on Sept, 5, 1946,
6,449,569
8,444,596
Calendar Year
1944
—
May 31, '-46
1945
$3,467,509
$7,537,340
Sales, less disc. & allws.
Operating
Total
Cost
1 \
2,683,465
and,
sold
expenses.
oper.
& adm.
gen.
3,519,228
other inc.
goods
other
Sell.,
revenues..—
sales &
of
'
exps.
■
tnet) r
_l:
disp.
on
767,771
„
35,107
13,565
.
the
of
any
.^$321,717
be
will
PURPOSE—The
of
300
23,226
47,994
191,989,
273,742
ture
common shares reserved for conversion
by first preferred shares in the exerThe net proceeds, if any, received by
proceeds
net
137,515
shares
common
'
$197,597
$222,202
120,504
$36,581
22,755
135,130
27
Privately:
5, company advised that outstanding deben¬
6 %s,
due 1957, which were redeemed oil
replaced by $1,750,000 secured,1 and $1,-
were
,
private agreement.—V. 163, p. 311, 72.
received by the company from the /
will be used for the redemption
$181,685
1946, in the aggregate amount of $490,773,, ofwhich $154,981 was
paid on Aug. 2, 1946 and $335,792 will be paid on Aug! 15, 1946 from
International Standard Electric Corp.-r-New Contract
•
distribution
the
Telephone & Telegraph Corp., has arranged fop
foreign countries of facsimile and telephoto prod¬
International
the
of
in
Telephoto Equipment Inc;,
Times
by
manufactured
ucts
world-wide manufacturing and sales organization
corporation,
This
.>
wholly-owned
>;
of The New York Times Co.,"'it was announced Aug. 3.
These products, developed originally for news photo transmission, were
subsidiary
j'
•
In the communication services of the armed J;
Information^
this country
.and' abroad:vv
M
Until recently,: Times ' Telephoto'# entire production v capacity has
been devoted to getting out sets for the United States Government and
d The Associated Press; but equipment is now ^obtainable 4n larger quanta:
titles;::'v!
V; K V
^
--V
;■
?
The International Standard
Eleetric Corp.7 controls and manages
the manufacturing and sales* organizations, assembly'plants and sales
offices and depots of the I. T- & \T. system throughout the world.
I.S.E. itself,t has 27 affiliated; manufacturing companies in Great Brit¬
ain, continental Europe, Latin America, Australia and New Zealand,
and China and Japan, with sales • and service branches in most otheir
countries of the world.
The organization is equipped to sell and dis¬
disposed of, in 1941.; The-manufacture of cranes and-other handling ; tribute 1 telecommunication, :electronic end- electrical equipment in 75
countries. In the Latii\ American; field;. 3.S.E. is particularly active in
equipment is now ca'rried on solely at the Bay tCity plant..
*
selling and distributing American-products through its Export Depart; :
1926^ In-ofdet'to assure a^ttefactory'SourbeA6f ;4ron' castlng$:fo*v-v
ment whoseIieadquairters qrfi^ihYerk^f-y^" I59!7pCvi9!74.^
its own use, the Brown Hoisting Machinery Co. had acquired all the'
>■/'„
:.yi.
;y
stock of the Elyria - Foundry Co., which operated a gray: iron foundry
Interstate Department Stores, Inc.—Jply Sales^at Elyria, Ohio.
Although no longer a separate subsidiary, the foun¬
dry property is operated at'Elyria as a separate division of the comPeriod End. July 31—
' 1946—"Month—1945
19&—6 Mos.—1945 .
v pany, and while the foundry supplies castings to
the Bay City plant;
Sales
■$3,601,039- $3,H)42;872 '$23,316,358' $20^78,69*
the bulk of Its business is with outside customers.
—V. 164, p. 280.
....
:
In the years 1934 and 1935 the company, went through a voluntary
reorganization under section
77B of the Federal Bankruptcy Act-."
General mortgage bonds in the principal .amount of $1,200,750 were
-The net asset* value per common share/of the company,, outstanding
issued in connection with the reorganization. The last of these bonds
as
at July 31, 1946, based upon the balance sheet on that date, with
'were ~ retired
in' 1944.. ■ i ~
\
' }'
"J„ y "
•
:
securities owned
adjusted to market prices, was $34.98.
This asset
The company has 1 ive -whollly-ownied subsidiaries, four of which airs
value compares with $35.98 on June 30, 1946, and $28.38 on July 3^
inactive and have. xu> tangible assets of record. .The other.subsidiary^ ;
1945.—V, 364;.p. 423.
J
*
Canadian ' Brownhoist 'Ltd.,' operates^, a \small.Vptant' near:. MohtreaU
:v
r/* ^^;
/.Canada, for the repair of all types of construction equipment.
In
;
Iowa Electric Light & Power Cov-^onds ana
.
addition, it acts as a sales agency for many of the parent company's
Sbld Privately-^-On Aug! 2 it was announced that Har¬
products in Canada as well as for products of other companies in
related 'lines, ',■■
^
" • "j
ris, Hall & Co. (Inc.),
had
for
used
j 7^
. ,
\ \
J* v
principal underwriters and the A •jifundsi in^the. company's treasury.,
COMPANY—The company 1 manufactures at Bay City,- Mich., loco¬
agreed to
motive
and
wrecking
cranes
and
other . equipment • for handling (>
heavy materials and machinery, and produces gray iron castings at its
Purchased-1
From
From
foundry at Elyria, Ohio.
;
• • ...
- *
- «
'
Company;: Stockholder £
V Following incorporation In, OlUo on EepU 22, 1927,. company: acquired
>First,;California Co.__________
12,840%
'54,394%
the assets and business of Brown-Hoisting Machinery Co.; *of Cleve¬
/Lester- & Co^u-_w:
L
1,900
8,100 j
land, Ohio, and Industrial Works, of , Bay City, Mich.s These corpora¬
.^jllen &; Company——-—i
'
r. r ' 950 7
.
- 4,050 k ...
tions had both been .engaged for. approximately 50 years in the manu¬
/Bateman, Elchler & Co
950
4,056
facture of cranes and other equipment, for
the .handling _of heavy
;Brush, Slocumb & Go.
950
4,050
machinery, and bulk materials, particularly coal and iron ore.
Com- ,
^NelsonDouglass &Coi^-4^—^*:'-'^950 ^
pany, as successor continued to operate, the plants: at both Cleveland V
Elworth fc. C.o,^_.-A—J—!_
' 950"
r : 4,050
and .Bay City for several years.
After J193I, the„(Cleveland .plant, was /
/Grande A Co.,
950
4,050
used only.for purposes of storage and minor repairs and was finally. '
purposes
war, as well as by the Office of War
has been created for such equipment in
the
demand
wide
A
many
during
forces
.
.
3,292
750,000 unsecured, 6% serial debentures due in each ca£e
$350,000 quarterly, June 27, 1949 to June 27, 1950, both
inclusive.
The new financing was carried out under
company's first
the redemption of the
422,763
UNDERWRITERS—The names-of. the
740,105
,
3286.
and
6s
June
rights.
used for
$15,948
income
oper.
income—
International Power Co., Ltd.—Sells Bonds
57,128 second preferred shares, which have been
balled
for
redemption on Sept. 30, at $17i20 per share ($10 plus
accrued and unpaid dividends to such date). The remainder of the net
proceeds will be used to reimburse the compay in part for the pay¬
ment
of
dividend arrearages
on
the first preferredv shares to- July
.number of shares of common stock whichieach has severally
purchase are as follows:
" • .
; j
<
<
1 i *
<
p * ••• *
. .
No, of Shs.
$1,236,349
outstanding
the
of
$604,448
,
.$259,640
$207,217.
B06
—On July
severally agreed to purchase from the
also
172,201
conversion
their
company
sale
23;074
379,775
$266,514
50
Bay Trust
will be re¬
shares not so converted, if any. The balance of the funds,
if any, required for such redemption will be supplied from the company'6 funds available for general corporate purposes.
^ •.
2,314
\
,
$639,415
114,500
Profit
50
Net
1,
.
957,639
—V. 163, p.
by holders
not taken
are
of
the
8,382,762
32,137
51,382
.
$451,514
.
Prov. for est. Fed. taxes
\on income and reneg.
which
cise
767^96:-;745,030
185,000
taxesL
Prof. bef. Fed.
•
.
company
^
.
12,112 ,, "
1,400
-
Of. prop.
$1,347,525
127,206
Net
preferred
\
370;737 ^
.
Interest
;Loss
—
the
to
underwriters have
The
9,757,628
•
,
$211,831
192,260
for
company,
conversion,
*
1943
$9,596,843
79,737
Mosi End,
the
to
SUMMARY OP EARNINGS
5
$231,484
property —_i._ii.___i
Operating taxes——.
tember 5,
1
.
•
revenues-
Rent
capital.
,
1946—6 Mos.—1945
$231,716
$212,043
$1,348,874
$1,237,565
; v 23f rr^v;-/'212:i;!:/.:;'4,349/;s-':
,1,216
expenses
lease of oper.
Operating
Operating
mon
the company of the common
at $601,412 will be ; added to,, working
estimated
($10 plus
Sept. 30, at $10.15 per share
on
and unpaid dividends).
Any holder of first preferred shares
exchange his first preferred shares, or any of them, for com¬
shares, share for share, at any time until 6 p.m. (EST), on Sep¬
may
the sale by
from
redemption
for
called
been
accrued
•Including 5,476 shares held in treasury.
PURPOSE—Proceeds
holders
Corp,—Earnings^
1946—Month—1945
Period End. June 30—
Operating
revenues—_
Uncollectible oper. rev,-;
if of record Aug. 10, and all outstanding first preferred shares have $
j
Outstanding
$947,000
*236,474%
P? Authorized
p
Secured loan, 3%, due March
Commonstock (no par)
_
amount
Monday, August 12, 1946
1
Indiana Associated Telephone
/
arrear¬
ages
PRESENT FINANCING
TO
EFFECT
GIVING
for share,
pursuant to their rights to exchange, share
company,
preferred shares for common shares. Remaining dividend
upon the first preferred shares to July 1, 1946, in the
$1.95 per share have been declared, payable Aug.
15, to
first
trade name
the
under
war
V*
L*
•
•
;
ii^ill,l:Richards
■&'
Co.^Li—v—---^,-1-—j,--;,-'
*
-
^Pacific Co; M Ualifornia^_i'L.i__—■ Wt
950'-')' "v.
rrV-950^—
"Wqlff,
Hansen -A -Co.
—•
-
Cruttenden .A. Co.-—:-,.—;:—
•Davis, Skaggs it Co,
v-V. 163, p. 279,
"
-3,240 ,';
•
* *' 760
? - > 3,240 •
'vt* "'5701-">'v 2<430 V
-M*% 570 f
-' 2,430
-
■
'
!■
■
•
-
.
.
:
?
4,050 -1,{
.
-760
•Hqnry F. .Swift A Co,
■
)
.
jHartfordGasCo.—NoteSale—The. Connecticut Com¬
application to issue $1,Proceeds are to be used f.to
•finance necessary, capital expenditures amounting to
about $1,100^000.
Company has stated that oh or before
-maturity of the notes on Sept.-l, 1949,- it will have
^worked out plans for permanent: financing and funding;
mission has approved company's
lOQO,000 short term notes.
.«f these
160, p. 10.
term loans.—V.
short
..
.
^invfi^irionL Coni^any
-
'
,
Note^r
.
■
Corp.(&Subs.)—Earnings—
Harvill
-
s
3 Mos. End.
Apr. 30/46 Jan. 31/46 Apr; 30?46.
$636,145i, $201,616
$434,529
493,265
155,224
338,041
'
Period-;
'
6 Mos. End. 3 Mos. End.
" .' "
-
rfceitsales
Cost
of
sales-
Profit from
137,630
v
62^227
•$15,836
'
2,385
i<Rber income
.5;498
-
these
i
.Gross. Income
v
(Other
$10,747
10,389
———
deductions
/
—
—
•$13,450
5,633
.
.
'
.
'
.Net profit
itAdditional reccwery of prior year's
(Federal taxes -on income—.
$19,443
•SW^
$358
.——
v
; •
s ;
;
:
149
149
——
,
,
.
POLICY—On
,
.,
,
$19,592
436,303
*$19,084
455,387
profit —$507
®ft*ned surplus beginning of period
455,387
per
disposed of
spurned, surplus end of period—$455,895.
*Loss.
$436^03 >; $455,895
v
ytBased -On ;4mrry-bacfc. provisions of the,.tax law—r-ndt,?. and
;»fter reduction of
prior
first
ASSETS—Cash
on
hand and
1846
deposit, $96,654; U. S. savings bonds,
on
$344,936;
Federal taxes on income
series E, $225; trade accounts receivable (less $11,000 reserve),
inventories,
paid
$239,269;
recoverable
in prior years, $280,280;
advances, $6,348;
depreciation and
^deferred
property,
of
portion
accounts receivable,
sundry
amortization
- -►
,
corporation,
Baltimore,
trains
J.
to
a
has
Md.,
bring
-
The
President, discloses in
planes, the letter said,
five
and
In
are
The
letter
single
those
of
a
planes
now
in
Goshia
purchased
were
as
Carothers
from
the
is
the
possibility
a
end
of
the
'u*
one
will
we
and
year
r»ehing the west coast in
the
that
arrange
Buckley
First
operate
4-engined
Gross
Net
Net
from
railway
Gross
Net
Net
—V.
from
from
1—
'
"
railway
——
raiiv/ay
87,572,845
6,696,105
2,689,014
Int.
Ret.
2,106,562
$
•
■
w
Brownhoist
&
Corp.—Stock
Offered—A
dicate headed by Gottron, Russell & Co.,
_OppERING OF
SHARES—In
being offered
to
the
addition
holders
of
the
to
the
above
outstanding
common
shares
first preferred
are
shares
762,879
1943
$9,688,096 $11,345,912
73,362
104,402
$9,761,458 $11,450,314
7,475,629
8,739,237
800,930
813,874
J'148
30,400
62,449
160,387
140,000
190,000
192,000
11,246
27,795
;
60,233
201,462
shares
for
paying a portion
8-inch gas main.
of the cost of constructing an
Issue not underwritten.
Hoppers Co.,
The Guaranty
Inc.—Registrar Appointed—
Trust Co. Of New York has been appointed registrar
preferred stock, 4% series.—V. 164, p. 727.
•
for the cumulative
^
'"Vi 'Xv
y
V**;.),
'-/."j?}:';
.
Kresge
Department Stores,
The Securities
r'
' ■'
"-1
■
'
J' V*
'
-
«"
-p"
Inc.—Trading Suspended
and Exchange Commission on Aug.
2 suspended deal-
trigs in the $1 par common stock of this corporation.
The suspension, which is for 10 days, followed a ban imposed on
the stock by the New York Stock Exchange on the same date.
It
affects all transactions in the shares on the New York Stock Exchange
and in interstate commerce.
r
V
■
The company is in process of dissolution*
A partial liquidating divi¬
dend of two-thirds of a share of the common stock of The Fair and
$4 in cash for each share of Kresge was distributed recently.
At
time of this partial liquidation payment, the company stated a later
distribution of approximately $2 a share was expected to be
on
surrender of the stock certificates.
1 >
■* •
'
The suspension of the stock was ordered, the SEC stated, because
the price of the stock on the New York Stock Exchange was
stantially higher" than the indicated liquidating value. •,
.
sold above $7 a share on July 31.
'
:
The New York Stock Exchange proposes to delist the stock and ft/;■
the
,i|
,
on
hearing on its recommendations
23.—V. 163, p. 2582.
.
■ •
will be held at the Exchange
Aug.
Mines, Ltd.—Reduces Dividend—
declared a dividend of 18 cents per share, pay¬
14 to stockholders of record Aug; 14.
This payment is -vj
the approval of the Foreign Exchange Control Boar*®.
the company paid 20 'cents per share each quarter.—
Lake Shore
—
r.
40,814
V
The
113,882
able
$182,240
$366,050
$500,521
$501,188
103,320
—
dividends
company
public
on
in¬
206,642
180,811
232,472
' •_
With SEC—
July 29 filed a letter of notification
directors have
Sept.
subject
to
Previously,
V.
with the SEC
for 2,000 participating cumulative preference shares to be offered to
present holders of common stock for an aggregate of $95,000.
Pro¬
ceeds will be added to working capital.
Issue not underwritten.
The
"sub-;,;,
The stoclt
994,341
668,607
118,000
Industrial Credit Co., of Cleveland—Files
i
:
9,626
(net)—•
—V. 164, p. 684.
Cleveland and
172.201 COMMON SHARES TO HOLDERS OF FIRST
PREFERRED
31—
1944
decl.:
taxes-
-postwar
Profit
Preferred
syn¬
Goshia & Co., Toledo, on Aug. 6 offered 309,716 common
shares ($1 par) at $11.75 per share.
>
6,171,966
mtge. bonds
exc.-prof.
for
$7,678,492
363,757
ventory adj. & other
contingencies _______
14,236,329
Industrial
gen.
pension plan prem.
Prov.
40.529,456
13,634,807
^
on
val.
112,609,660 112,024,509
39,542,004
684.
61,041
2,487,915
sold
Excess prof, tax
15,581,105
p.
goods
Norm, tax, surtax &
-
railway operating income——— :• 6,335,054
164,
$7,617,451
$3,204,312
of
and adm. exps.
ProV. for odubtful accts.
7,474,442 !■
S
,
—Years Ended Dec.
1945
29,773
Selling
$14,160,967 $20,227,694 $18,727,938
from railway—.—.
—1,562,654
railway operating income—/
442,235
From Jan.
1944
1945
STATEMENT
$3,174,539
Total
Cost
1946
30,'46
4%
'4%
3%
3%
Aug. 2 filed a letter of notification with the SEC
(no par) common stock to be offered to present
basis at $50 a share. Proceeds will be used
company on
1,395
paid
1028.
,
4,125
4%
4%
in
•Illinois Central RR.—Earnings of Company Only—
.
INCOME
6 Mos. End.
June
Other income
>
Inc.___w-—- 4,125
i •
:
.
5,500
5,500
J
capable of
Net sales
5,500
5,500
;
'
Kokomo, Ind.—Files Witfc
:
The
for
& Fuel Co.,
shareholders on a pro rata
5%
6,875
•
;___
•
Tco.,
uninterrupted flight," Mr. Rogers stated.
.
5%
.
Talbot
CONSOLIDATED
expansion
planes
&
Saunders, Stiver & Co
Smart & Wagner
Livingston, Williams &
A. H. Vogel & Co.
govern-
all-metal
of increasing our authorized capitalization."
corporation maintains its traffic and administrative offices
June—
Chicago.—
Co
Wm, J. Mericka & Co., Inc.___
Brashears & Co.
Hannaford
*s decided favorably, it will be necessary for us to consider
York City.—V.. 163, p.
&
G.
advisability
The
of
CO..
Knowlton
SEC
9% .
7%
7%
' 7% '
6%
5%
5% ;
Brothers
Securities
Frank
further
a
6,875
6,875
Inc.------—
Co.,
-
,
Kokomo Gas
10%
" 6,875 '
.
HlrschA9,625
First Cleveland Corp...—
'
8,250
operation,
additional
an
&
-
The
2-passenger AT-6 for administration transportation, as
pilot training on instruments, plus other equipment.
"
51
"There
.before
of
13,750
'
^
150, p. 2884,
—V.
10%
12,375
12,375
9,625
&
Dempsey-Tegeler & Co._-*._«.
Mercier, McDowell & Dolphyn
preemptive
to
.
13,765,:
special letter to stockholders.
"good condition."
revealed the purchase
% of
letter of notification with the SEC:
Offering price is $5,625 a share,
rights of stockholders. ? Underwriter is Stilet
Nicolaus & Co., Inc., St. Louis.
Proceeds are to be used to partially
finance
acquisition of a minimum of 80% of the stock of Valley
Shoe Corp. of St. Louis and to redeem $48,000 of 57» debentures due
1951
of
Johansen
Brothers.
The common stockholders of record
Aug
8 may subscribe for one new share for each five shares heldL-
the number
No. of Shs,
.
subject
Uns'bsc,
chased.
,Shs.
motor
well
also
and
underwriters
The bompany on Aug. 5 filed a
53,221 shares of capital stock.
.
for
to be Pur-
cargo
five
number
E. Rogers,
m«nt
the
1
.
carrier operating out of
additional Douglas C-47 Sky-
non-scheduled
the
of
to
purchased
10
to
names
4
-1../:.4
/:■
JSho^Co^
St, Louis, Mo.—-Files >
SEC-^li; "..V 'V;;
v;>
With
the
137,515 common shares which each has agreed severally to
purchase from the company and the percentage of unsubscribed Com¬
mon-shares to be purchased are as follows;
-
THoosler Air Freight Corp.—Buys More Planes—May
Increase Capitalization—
'This
amended,
as
conversion
of
bank, $275,068; trade accounts,
$140,876; salaries and wages, $20,758; payroll deductions for bond
purchases
and
taxes,
$11,534;
customers'
deposits,
$33,516;
State,
local, and payroll taxes, $28,595; Federal taxes on income of sub¬
sidiary for the year ended Oct. 31, 1945—estimated, $1,634; capital
stock
(par $1), $547,422; paid-in surplus, $46,644; earned surplus,
$455,895; total, $1.561i943.—V. 163, p. 2007.
payable
for
V*
*
•Hi-
■
Johansen Brothers
<
19,998 second preferred
'
charges, $52,933; total, $1,561,943.
_-LIABILITIES—Notes
reserved
are
and
shares,
UNDERWRITERS—The
deposits and
for
$1;
and equipment (after reserves
of $278,792), $541,296;
goodwill,
plant
shares
common
preferred
on
■
,
' 460,000$hs^
of outstanding
shares and 39,996
common shares are reserved for corporate purposes, including managemetn
incentive.
At the present time the
company has no plan in
effect for the use of such shares for management incentive.;:,
V
172,201
production costs.
CONSOLIDATED BALANCE -SHEET, APRIL 30,
*482,556 shs!.,
stock through a
distributed 15 centa
June 15, this year,
additional 137,333 shares of common
to its common stockholders, had
its common stock on April 1 and
and 10 cents on Jan. 2, 1946.—V. 164, p. 727!
share
per
:
Outstanding
Authorized
%
(par, SD-1-
*Under the articles of incorperation of the company,
termination of war
claim -arising from
year's
shares
Cotnmon
FINANCING
PRESENT
TO
EFFECT
an
offering
direct
GIVING
CAPITALIZATION
-
-
-
3.75%
the' basis
preferred shares.
/Net
.
initial quarterly dividend of 93% cents per share on the new
preferred stock, par $100, and a quarterly dividend of 25 cent*
share on the - common-®tock, par $15, "have' been declared! botls
payable Sept. 16 to bolder# of record Aug; 30..
The
company,
which recently refunded its senior securities and)
An
:
^
.
'
Service Co.—Dividend Increased—
Iowa Public
ofa present operations' and: firm
orders on the company's books, company expects to declare an initial
quarterly dividend of 15c a share on its common shares, such dividend
to he declared and paid after the redemption of the first and second
DIVIDEND
Proceeds for refunding^
serially 1947-56; inclusive.
V. 163, p. 727.
-unsatisfied demand for
believes that- there-exists an
and the company
such products, ,
$24,198
, 4,755
be
completed within-approximately ten months.
As the v
result of wartime priorities,
certain of the company's regular cus->
tomers were unable to obtain their normal requirements of its products,
be
balance, will
3,112
.
orders < will
$15,000,000 1st mortgage bonds series C, 3%, due July t,
1976 at 104.97 and~interest" and $2,000,000 2% notes due
is estimated that-approximately $2,500,000 of
completed within - six months, and
that the
It
$3,200,000.
Ornately
$21,085
operations_„__
the company had on iU
<the amount of approxi*
.'^PRESENT- PROSPECTS—At June 30, 1946.books *firm orders for Bay City products in
7$,402
$5,249
felling,- gen, - and admin4 exps.__
placed privately
Chicagd,
•
164,
p.
558.
Lawyers
Title Corp. of New York—New
Control—
,
Investment Trust Inc. an¬
nounced on Aug. 1 that they had acquired from the New York State '
Superintendent of Insurance all of the capital stock of Lawyers Title
^
Kuhn
Loeb
<fc
Co.
and
Commercial
u«H
Voltlme Ji6i' ' 'Number' 4S15
:'•'
-'f C:,'£,::';i •-IV'.J&v•>"nfV '•'■&.* '
Gates-1as Chairman,'-had
•*
L.
VijAu*^V;/-''
:
Tffi ^oMfiERclAK
i vi-'j, ' UV ■?//•?'v''•*J-r"*:'.t»'J.
:r
.
f
\?•'•!••;V'r- '■'•>
>
i,r'
829
•'<
been elected. Mr. Gates retired from the
Louisville Gas & Electric Co,
The
earnings of U.
S.-Mengel
(Ky.).—rWeekly Output
Plywoods, Inc.,
(unconsolidated)
Presidency of The New York Trust Co,' before Pearl Harbor to become
/ applicable to Mengel's equity (50%) in their capital stock, amounted
Electric output of this company for the week, ended
Assistant
Secretary of the -Navy for Air"; he was later appointedy
Aug. 3, 1946,
;1 totaled,
/, to approximately
$78,000 during • the' second quarter, which, after
29,112,000 kwh. as compared with 27,948,000 kwh/for the
Under-Secretary of the Navy,, from which position he recently, resigned.
} coiersponding week
last,year, an increase of 4.2%.—V. 164, p. 728.:- 'j- taxes, is equivalent to 15 cents per share of Mengel common stock,
.V Arthur Os Dietz, President of C. I. T., made the following stateand for the
six months approximately
$129,000 and 25 cents per
menti 'Xawyers- Tltie Corp'. bf' New .York
share. These amounts are not included in the
•haabccupied/avleadjtog/
figures above nor in.
Magma Copper Co.—Proposes to Sell Between 200,000 v those for the second
position in the title insurance field for many yCars. A study of • its
quarter.—V. 163, p. 2995.
•
/ ]'./-",'
/: /;.;
operatiorts.'haq convinced us and our assoclates); Kuhni| toeb ;& Co., /to;250,000 Additional Common Shares — Funds to Be
of -the importancfe oi the .services which tiiia company renders in; the
/ Used for: Development of San. Manuel
c
Property-^-/
;
real estate field; '
Mercantile Stores, Inc.—July Sales Up 41.9%—
//■]•'*■/-'■'/ •' "■///'■]'/ ']/■'/'
/
;
The company; proposes; to- iksue and sell approximately ' 200,000 to
"Lawyers Title Corp, will continue to operate as an independent;/
Period End. July 31—
1946—Month—1945
1946—6 Mos.—1945
organization,- confining its /operation. to the' examination and' insur¬ S 250-.000 - Sha.res Of the addition ai : 790- 000 shares - of * $10 par ; valiie
f, Sales
——.w
^
$6,920,900
$4,877,928 $44,861,300 $32,225,56fr
ing'of real estate titles in New York, New Jersey and Connecticut. No/ capital 'stock it -is asking stockholders to authorize at a special, meeting
; —V. 164,* p. 282.changes are to be made in the present staff which will remain under
; to be held on Aug. 29;
' 1 >
;
thr directiOh df Lee ThoinpsQn Smith' asi
This step would-make available additional shares to obtain 'funds,1
President.'';
/
/
'
!
The board has been increased by the addition of
Miles' Shoes tnc., Nv. Y,~^Current Sales Up 21.1 %-L
: primarily
for investment and development of the low-grade copperprominent bank-.
;
.
:
ore* body located
etSr lawyers and realtors.
The neW members-, in addition to Mr. Gates,
in Arizona on the company's recently former., sub-MPWks. End. July 27— —Feb. 1 to-July 27—
are: John P. Allee of Carter, Ledyard &
.'■>
w
* ...,. i*
Milburn, attorneys; Arthur A. /sidiary»'San* Manuel Coppefc Corpu
'■*:
(
*. \
Period—
'/ 1946 ^-1945../.. . ;
1946
1945
It .is-Planned -to. give Magma's. stockholders .the- right, torpurchaset
Ballantine of Root, Ballantine, Harlan, Bushby & Palmer, attorneys;:]
Sales
$■1,212,000
$1,000,700
$9,368,000
$7,124,000
Herman
(the, new shares when; offered at
■
v
,
.
•
'
■
.
<
.
.
—
,
'
,
,
-
Bernlker, First Vice President of Lawyers Title Corp. of New
prices to be determined, according
V. 164, p. 424.
,» "
s
* «
Yo?k; John S. Bierwirth, President of The New YorkTrust.Co.; James ;; rto a proxy : statement;'sent to/stockholders.
'
t
].; ].//:;/]/;/■]:,//W]'/;/]-]///]//]/■ -'!/■/;/:■/■
G. Blaine. President of .Marine Midland Trust Co.; R. Frank Brooks// l>
v;^;'^/'//-;>/ /.V •/,
Tpbe first stock sale would replenish Magma's treasury/for /the $97$,-/]
President of Brooks, Harvey &
117. invested/ in- San Manuel;
Co.; Inc.; Benjamin.J. Buttenwieser,
provide $1,990,000, for- continued churn
/
Minneapolis-Honeywell Regulator Co.
increases
partner, Kuhn, Loeb & Co.; fSilas-S. Clark-of Clark and Nicholson,
drilling, shaft sinking, underground exploration, ore testing and'metal- /Dividend— - '
c •>^
:
/
attorneys; Arthur Q, Dietz, President of C. I. T. Financial Corp.;
/lurgical research and provide $1,550,000 for additional development
i
The directors On -Aug. 6 declared a dividend of 40 cents
per- sharft
Stanley B. Ecker, Vice president and Secretary of' G/I: T.-Financial/ />work on the property, acquisition of properties and for general cor'on the common
stock, par, $3^ payable Sept. 10 to holders of record
> porate
Corp.;, Jrv.ing. Engel of Engel; Judge & Miller, attorneys; John N.
purposes] v ... ,,.r.,
•
r-,.
*
. >_•
'/ - j.
^
!Aug. 24. This. cpmparqs with 25 cents per share paid on March 9 and
Enstrom, President of Irving Trust: Co.; .Walter W/Friend of Tanner,•/ /. The* present proposed increase], i^. authorized share's
greatly exceeds : ••June 10, last, and in each
quarter during 1945. In addition,
the/number of share;; it is planned to issue.
the
Sillcocks ;<$f. Friend, attorneys: ' Edward S. Greenhauni,; of Greenbaum;".
]/''/,]/•••'.-'•'• ; - v
/company on Dec. 10, last year/paid an extra dividend of 25 cents
Wolff & Ernst,
As of June-30, 1946,. there were issued and. outstanding 425,000 shares
attorneys; Clarence G,. Michalis,- President-' of Sea¬ /
,
.
men's
Bank
fpr
and Donald
C.
Savings;
John
Swatland
I. Snyder, Jr. of: Kuhn, Loeb- & Go;,
Cravath, Swaine & Moore, attorneys.
>
pf
of. San -Manuel
.
Delatour of Delatour &
dent
of
Prince
and
.
Miller,
Lee
of Charifes
board
Thompson
York.—-V.: 164, p.
Smith,
9.-
>'•
of
Lawyers
'/ '■*
*
'
v*
.supply and $600,000 for
of
F; NoyCs Co.
President
v/;-'
-';J —]
Title Corp.
of
/]'* //'
",}*
.
v•
Period End; July 31—
—V.
1948—Month—1945,
-
$7,516,517
——
Loew's
'
-
■■
,■
warrant]
a
...to
be added
to
Com.
sh.
.
June 6,
'46 June 7, '45
$27,490,835 $23,551,812
_
div,—
pref.
Reserve for contingencies
Reserve for depreciation
3,800,000
-
3,800,000
2,754,590
_™
C.
Alfred
-board
..
for
Federal
Company's share
Per share
For
the'
12
weeks
profit
—
ended
estimated
were
same
net
period
/—///J■ 8,357,000
after
taxes
June
i—
$2.47
6,1946,
i
$9,312,243
—'-$1.84
to
Sales
-
ship*, costs. &.
cost of purch. cement
*
sold
Sell.
—™-,-™_
&
Frov.
1946—3 Mos.—1945,
^-™_/-„™„™
&
Mfg..
admin,
for
depr.
$9,869,299
1946—6 Mos,—1945
912,655
712,749
'
depl.
457,849
C^erating Phoftt ——-
$2:328,918
$1^42,796
income—
325,309
(dom, & for.),
Miscellaneous charges—
.174,360
2441.
-
487,917
$583,413
$1.27
$0.62
'
V
1946
401,830
278,033
>
Fed.
income
and
State
taxes
'
'
for
•Includes
profits
' ?
.V
the
:
taxes.
1943.
State
'
—
}$96,767.
income
Federal taxes
.
•Jtioss..
cents
10
,
.
r'4
931
.
and
its
it
announced
was
preferred stock
Voted-to
of
as
Oct.
.
nounced.
The
call
price
dends
of
tional
full
"
'
$1.12%
also
was
is
due Sept.
.
period ^hd. Juho3(^
Operatlhg 'reVenuek
Operating expenses
---
$9,408,988'
*$2,569.
- 795
»$3,364
,
—
4,023,264
Maintenance
/ 1 723,604
Depreciation/
1,032,288
■•Taxes
,1,820,801
————_
C^efiihriil inoorn^/i.i
Other
income
Grdss
(net)
;
$!l,8'09;031
/ B2.163
j.l
income
-
$1,871,194
Income ' deductions/
,
Net
Mis*
;•
^
of
^ e, v
$1,447,351
$3,305,813
43,987.
,.
"119,868
„
$1,491,338
$1,176,622
net inc;
* 351,025
.
1
A,786,937
$1,944,057
"338,337.
V 697,713
1,406,015
$1,874,239
672,500
of
Bat, to. earnd. m,;
;$825,597
—
,$448,600
.
$1,246$44. .$t2Ql,73$ /:
•includint ptovislon. lor income. tax-r-V^. 163. p.* 2728.' '
.
" ' '
"
■
and
used
VJ161,
p.
to. handle an
10.
enlarged volume *>f business;^
.
-
-
"
.
^
■
.
1945
1944
:
>'//>/.;
/
// / r"
.
m 1943'
$527,521
$570,555
248 692
302,143
295,926
126,794
141,761
113,248
165,866
•695
2,644,944
1,092,288
'433,051
3,014,726
1,443,516
3,437,269
3,279,401;
1,832,308
1,791,256
538,4.79
747,426
$575,237 :
$385,373
]
697:667.
$5' par
new
value
shares
of
common
stock
in
exchange,
share of $10
the
outstanding
may
surrender their certificates
for
sucl*
Guaranty/Trust; Co." of New York, 140 Broadway, New
pro-rata
a
plus
the
on
the
Same
an
extra
600,000
for
the
*
addi¬
$50! per share of common stock, which means that each share' of •
cumulative preference stock, -series A, is now convertible into two
shares of the new $5 par value* common stock.■
'
*
/ -,/ / :
:
>
.
,
dividends
and
meeting the
regular quar¬
dividend
50
outstanding
// „:<■ /;/:/,«fc-?
common
dividend
.
at
of
shares
.
cents^ per
of common
/]•/ x<ii-
Leases" More Spaee*^Realty & Ihiprovement Co. below.—V. 164,
■;4
the
See Tishman
Mountain States Telephone & Telegraph Co.—-Earns.—•
Period End. June 30—
-
.
,
Period Elid> July 31-r-
>
Saldft
In
-u-—-
'
Operating
revenues—™
/Uncollectible/oper.
»V
:
Operating
rev—
'1946—Month—1945'
Operating. eVpehses-]/™
/Operating taxes-1™—™
$4,076,694 $26,273,860 $23,366,334
5,403
58,644
38,876
$4,522,271
3,576,886
$4,071,291 $26t215,216$23,327,456
2,744,937 -1 19,832,284
15,388,665.
485,506/ / < 900;692'■ / -2,728,8-10*1 .5,316,687:.
.
Net]
:
Net
oper/
;
July,
1946,
the company
{,.()♦.*'*
operated
199
stores,
year.—V\U64"
;
u
r
compared with
p. 282,'5
" «•-
-
$459,879
'
income—
316,139
Period
Sales
at
•
-
MewkblC^o.^Earnkigs—
.
-
*
]•]/;/
A«Po)jiMba
993,756
/Taxes
.
properties,
Net
:
which is'equivalent to
18
income
40,282
.«<*:•.
:■
/"
71,563
;
Tb'tar i—l™:!™™™:-.---™'
1943
.Cost of-products sold
:AdniinistYaWve ;ahd; general
'
1,910,427
-408,000 ;5> 1,395,000
$585,756
$515,427
cents
per
sales for Abe second quarter, were $5,870,000,
$7,117,000 ttx^ thfe/dorespdndirig period.'of 1945, - / • -
common
share.
compared With
—L * $17,853,018 ?•/.
20,274,363
—i—;
J.
1,652,658
/ 1121,062
Miscellaneous deductions
/
■:
■
///'-:
■
20,806
/■/-■/
■
4
Loss WfOr'e credit fbr'recoverable portion of prior
"years'
"'// 'Federal taxes ' on in"eome_-™™_--L_-™-L-i™-:-._L-i-^.
r ' v ;
$4,215,873 ]
/Recoverable "portion of prior years' Federal taxes oft in- •: '*•
ciftAe arising from carry/back of^net operating loss-and i /
>"
unused excess proHts nredit^-—-i—* 3,451,00®
/
Net" loss
•Equal. to/reCQnyersloa
]-.
costs
of
'$704,872'
approximately. $382,(500 Included via
:/costs and expenses for this period, less recoverable portion, of prior
years* Federal taxes on income attributable thereto.
•
—
,/™™:_r™™-:
expenses
.'interest-
$10,949,971 $13,854,076'
.
-Net -Tpfofifr
to
;
$17,741,.m5,
;»£]i^8]sier»e
credited
..'];•
1946
.
.
EARNINGS TOR NINE MONTHS'ENDED MAY 31,1946
r
/!:.'/ir"V./i
6Months Ending June 30—
/•Net* sales s
1,830,14*.
/Miscellaneous income1
.
■/
$2,622,104
2,346,296
Murray Corp. of Anjericar—Earnings—
$3,868,056
$2,815,757 $33,864,720 $20,111,646
] ;/://•
.■
//
,:/]_,/
'.r„...
-
$3,654,122
Net .sales.
.
t
retail
$425,662
296,413
;
201
»^
•
Corp.—July Sales Up 37.4%—
Enci> ^uly 31—'
i94^Month-rr-l945 ; i946^7,llfosfc^$^:>''*,
—V, 164,. p, 424..
-
>—V/164, p. 282/
Melville Shoe
/
1946—6 MoS.—1945i
$4,533,270
10,999
i?~Z'
revenues--
i
1946^—Month—1945
1946—7 Mds,—1'945
$6,173,884 $5,444,619: $41,901,567 $37,633,322
stoics in the 'same month "last
o
559.
p.
pay-
: $1.07
/T /' $1.00'
Machiett Laboratories* Inc.—Places Notes PriVateiy-^- iPer^tsommon share
For thq/fiiuarter *eri^dd June'
30^194$,/dbmp&n^^
net profit of;
TOe /corporatij(5n WrA/Cig,:15that it has/sold: $406,636 equal to 77 cents a common
Share,/against $304,000 ]or 61
$875,000. of first mortgage 4%, sinking fund" notes to the / cents a] common share in, the'corresponding 1945 quarter..* The'profit
.for ,the second quarter Qf 1946 included $148,544 profit, from
Mutual Life Insurance Co. of New York, the proceeds to
the,,
sale of
be
railway.^—
•.
,
cents
25
declared
were
l
that
/•Profit ^before /ta-xes
;''tV vi
.
v
.
■///
York 15, N. Y.,. and receive in exchange therefor certificates for three
times q,s many, shares of the new $5 par value common stock.
'
The former, conversion, price was $150 per share of common
stock,
"whiqh means that three shares of cumulative preference stock, series
A.
/wer£ convertible in to two shares of $10 par value common stock.
'Ga
1
and; after July 24, 1946, when said amendment to the certificate of
incorporation became effective, the conversion price was reduced to-
Mr. Rivers Recently' held Similar posts with; the
Gibbons Engineering
,of Westfield, N.
163, p, 1431.
.
/, /
•
$3,425,681 /$3;280,254
:
95,77*
$286,340
.
:■
•
.
~
108,68a
$382,11*
-
$10; par value, common stock
McCrbry Stores Corp.—July Sales Up 13,39 %.—
$3,186,551
93,703
^
'. ..694,572/. //704,40r ./ 1,481,624
income
res;
1946—12 MoS,—1945
.
\
railway_-__:__L-
•. shares *to
It was announced/da Aug.: ,7 that' this ".company /acquired' Victor
Electric products, Inc., Cincinnati,
Ohio/a few .weeks ago and C*: L.
Har>isoh, president of the new. unit, announces the/appointment :of
Benjamin M. Rivers, Jr., as its Treasurer and
Comptroller./ - /]].-]].
^
$8,898,754 $18,388,166 $17,369,018
3,549,651
7,850,261
6,960,550
/ ] 599,355 /* 1,533,525.
1,557,552
1,034,581
2,065,170 .; 2.069,405
2,267,816
3,633,397 " 3,594,960
$273,42S
/
/i
from"'xail^ay-:-r
for each
the 35,000 outstanding shares
Eugene Holland, President, an¬
plus accumulated quarterly divi¬
.
1946—6 MOS.—1945
71,557
48,143
oper; income---
three of such
;
1946,
$1.3,2% preferred dividend are
abla Aug, 23 tp stockholders of record
Aug.. 12.^-V. ;i64, p. 559.
Long Island Lighting Co.—Earningsv
302,026
54,946
par value common stock then outstanding.- Such
]amendm.ent' .was approved ]at' .the; stockholders' meeting on
July -23/
; 1946, and became effective July 24, 1946.
Holders of the
Co.
.
' ' 99,736
At ft qpeciaj jgneeting- of the holders of the common stock held
July .23»
;the' certificate Of. incorporation of the
company
was
amended
to
incifeasd ahd "Change the-a.uthofized..common stock from
2,000,000 shares
.of $10.par value each to
6,000,000 shares of $5 par value each and
/when said amendment became effective to authorize the
issuance off
redeem
1,
$104.50
*
announced
dividend
share
The
(after .expenses) at rate of
1,007,801 shares of The Long-Bell Lumber Co.
163, p» 3287.
.
"230,046
52,636
/
Mohsanto Chemical Co.—Conversion
Rights, Etc.—
•
'? T'4/- /
(W. L.) Mu'xsGr Cdrp.V N.' Y.—Acquisition, Etc.—
$96,670
.
*
62,048
97,385
160,818
/
•Deficit—Y. 164, p. 282..
] ■'/ ,/:■
\
'
$91,504
,
263,784 "
$308,175
1946
from
GroSs
the Reconstruction
to
]
■'
61,222
Net .from railway-™-..
-Net,ry(! oper; income—
,-*
Aug. 2.
The amount^ in¬
approximately $31,000,000.
on
was
30-day > period.
It
share on
per
io'an in
repaid
The''directors have
-
tlncjiudes dividond ot $100,730
capital stock.—V.
'••];A.'V/i ;/'v'Y
•
'
'
$260,032
Fr^m Jan. 1—
-
.
$3,253,896
2,241,082
'Q6iAici«ioiiH<
GroSs from
Net
<
2,086,202 /
income
>Net.' ry.
provision]
^
^ /v;
.'
1945
1 net.
JUne—
velates Extra Dividend
3,669
$93,618.
1946
Corp,.. To.Redeem Pre/ferred Stock—Deon Common Shares—
/
;
—
"1943
1
t$97,G01
IM'- ZIO
3.146
—
Fpofifc for. 3 months—
1944
t$95,443
,
V;:*'v.
v
:
stock.
w—v'-'--
C;
;>
10-
$2,998,750
jjilbuoBgalieia. Ity.—Eahiipgs—
charges, $65,049; total,
/■
$256,952
$260,504-r,-**'$45,872 /R. 2859,
:
/-c > /_
441,800
^'400,050
$0.59
// '$0.11 / /
\
reserves,
'V'f
the
p.
1946
Gross income '
Net
...v/,',
made
164,
/;
.
reserve]accruajs:__,_„_____
incoiue
Income
'21,*517
$932,804;
;
doubled
]
—
State & local taxes, $443,988; due on purchase of'Toledo
$1,280,000; reserve for contingencies, $15,000; other
Masonite
-
$452,003
...
1945
deferred
and' accruals,
$575,719.
/123,716
.
,
1943
/
]/" ]:////.;■'?.
>
interest-,
-OtnSep
-1,061
.
•"
Utility
Federal,
terly
before
Interest
'Retirement
this company during the past several years has
Maryland to refinance through private soufces
and oii. a long. term, basis its indebtedness to
-RFC, the announcement
"•said.—V. 164. P. 558.
' " ]■"/ " .]"
Long-Bell
3 Mos. End. June 30—
and
payable
'The progress made by
made it possible ]for
=»885,497
—
and
-
.
'Federal- income" and excess profits taxes
property, plants and equipment
of $1,029,751),- $2,296,638^ patents
expenses
.
i
.
Mar'yIaB® €asUalty; Gb.—-Eepays RFC Loan1— /
of
.
$0.25'
volved/including principal and interest,
'%
-*
.
$595,790//
tFor Federal
.
T
441,800-
] ■,;-./
'■:' //]'! /
■
utner ' iJ
1—1—J.
Maintenance -.r.—-t~
"Geimral4a«es
$1,049,699;
for. depreciation
reserves
p.i729v i
Operating .revenues
4
r.
'
"
1
has
it
system.—'V,
Operation,—Gas 'purchased-—-
t
$2,015,976; accounts receivable'- (after reserve, i;or'
$69,046)/$786,380; U. S. Governments securities,
Tbe company baa
/Finance Corporation,
14,022
;
$595,790:
—
6,750
1
lighting
Sales
'
*
was nlso
Mobile Gas.Service Corp.—Earnings—
of
inventories,
*
327,334
"'958,168
$613,928
178,250'
$110,893
$0.04'
and
power
,,r.
/i
$68,581
;/l3l
-
262
that
announcement
company
General
-•**-
The trustees of this toad have been authorized
by the United States '
Court at St. Louis, Mo., to disburse
$162,800 on account of
accruals on Central Branch Union Pacific
Ry. first mortgage
4%' bonds.
The payments; to be made
Aug. 12, 1946, are equal to»
five' six months' interest accruals for the
period Nov. 30, 1937, througl* '
18,622
.
.
»$445j766
>
88,510 w
451,800
the. Brown
/NovVW
$49,959
26;180
53,700
$17,672
LIABILITIES—Accounts
:
330,125
profit for the six months ended June 30, 1946 amounted to
$1,955,900, after charges and Federal income and excess profits taxes,
compared with $1,148,159 in the 1945 period.—V. 163, p. 3287,
'
Profit
$253,103
?
in
/
capital stock- (outstanding' 451,800 shares of n6 par
/value)/
.$2,491,931;' capital, surplus, $111,480; paid-in surplus, $149,533; earned
surplus, $1',794,367; total, $7,332,609.—V. 163, p. 3287.
</;',/"* -
Net
.
/
/'»'
-
.
1,018,359;
$419,586
.
-
President "and
interest
-
President and
2,065,826
r
17,060
33,400
Vice
.,/
.
District
on
Marmon-
plant,
$113,506;
$2,132,697
.
i
'
^ //
-.
2,627,670
:
■
'
12 Months Ended, June 30—
$236,044
k
38,883
$613,928
$1,364,038
*
...
Vice
Morley,
'
Missotii^- Pacific- -RR.—-Interest Payment--.;'!"/ir/ •" //'■
/ ■ ]' ■;
10,,/.:////
''
.
———
profits
.
p.
its
are
Morton
/capacity o£ its electrical
'
424,213
,304,291
#1,147,198
$1,364,038
:
(after
for
•
u,
known
*'
with
.
Fhrther". evidence of growth ahd planned expansion
,'
;
'
•
•
share../.
per
(net); $118,866; prepaid
>$7,332,609.,
*
$1.06
1944
:»
•
878,911
period-
excess
taxes.
and
years
taxes.
ASSETS—Cash,
$1,003,679
$2,321,345
321,697.
10,594
>
•
—
.'
Gain
V ' '
392,798
5,214
Net gain for period—
tAdust. of accruals
X
1945
.
$2,928,026 .$2,486,215
——
Interest
Accrued
.*
been- associated
have
$51,072
taxes—
profits
.doubtful accounts
$2.29
.>.
Klausmeyer,
increasing the
CONSOLIDATED BALANCE SHEET MAY
31,
•.
.
income
exc.
'$1,000,000;
369,619
$2,173,377
-
—^
—
Breech,
s"
L.
to
..Manager. :
Proceeds
•
1
141,095,
'
■if according
M.
.
-Earnings
:
•
3 Mos. End. June 30—
Net: gain
David
J.
Earl
27,180/
Net profit Shares outstanding
Long-Bell Lumber Co. (& Subs.)—Earnings—
Depletion
Depreciation
and
*
$23,892
-
366,103
.
..279,926'
210,986
$1,200,401
—
p.
•
of
charges...
550,798
.
60,990
260,599 /
profit
Net- profit
pel"
share
(948.597 shs. OUtst—
163.
416,971
1,039,545/
The-average daily output pf. this industrial division of Minneapolis-:
Honeywell Regulator Co. during June exceeded, all other average
daily
totals for any previous month in over 80 years of company history,
:'r
cent'
one
'
V"
■j
tax.
Net
191,292
tax.
inc.
profit-
r:.
$2,154,774
626,184
other-income,
for
Fed.
$2,431,294
taxes_i
—V;
$4,D78>01 :
$4,397,736
Fed.
and
i%
directors
,1,070,313
income/——
Federal
927.182
'
$1,391,990
for
-
908,213
$2,488,186
226,642
,
—-
for
;
]expenses_^,„„
Profit,
•,
276.520
prov.
Prov.
159,';68
].,:
318,835
Prov.
share
common
a
->,h,. s
as
Dhcon
1,382,730.
,148,194
income
Total
.
election
Mr-.
and'
Miscellaneous
6.745,571
'
1,708,773
463,005
Miscellaneous
j
,
$7,663,097 $18,725,897 $14,210,257
,']
//
]y */'
'6,169,877
5,243,547
12,030,010
,
funds
nbtification witdi the 'SEP
and-35,00p common-stock
Interest
-
&
t
Campbell, Guy C. Dixon
operating
other
^
•
expense
the
.,
Cost>and
Corp.—Earnings—
Period End. June 30—
the
-eight members.
Campbell
Net
Star Cement
Lone
of
/Marttn-ParFy^^/C^
X& Subs.)^Quarterly
/
'
; 3,Mos, End,'May 31—
1946
,f ,1945
-.
1944
./J943
; Net sales;
„$1,163,205. $2,$63,714 $2,485,413... $1,968,318.
and operating,
$41,460,000 for
sales
gross
at
$45,754,000 compared With
year.—V. 163, p. 2728.
last
out
]D, Sherman "& Co., New York.
Herrington Company for several
-Treasurer, respectively.—V. 164,
..
7,650,377
$12,579,245
™___
stock
common
the
revenues
taxes
for
Klausmeyer recently; jbihe'd/ this cbmpany /kl ^eSiderit,' after
'years with; the Chevrolet Division of .the General Motors /Corp.:
22
Company's Allaire pftiTit before Federal taxes, $20,936,245 $16,962,620"
Reserve
provided
Mr.
2;789,192
Mr.*
.
be
Marmon-Herring,ton Go., tuCv-^N«W DirectOTShrr
]W;; iBerrlhgton,- Ch&lwn&n
:
prof, after sub.
oper.
to
working, capital,
July 30 announced
//..
not
•'
'
Inc.—Earnings-
AO weeks Ended—
/ Funds, arer to come-out
concentrator,
new
are
Underwriter is L.
.
$6,985,522 $47,036,632 $45,049,825
164, p. 423.
a
and
^purchase warrants.- Offering price, $2
1946-^6 Mos.r-1945
- V;y-;:.//•■
:/'/]'' :
The regular quarterly dividend of 80 cents
per share on the 3.20%
A
preference stock; par $100/payable Aug. 31 to holders of
record Aug. 20.
v.
■,•]'
^
For the second successive
.month the Brown Instrument Co., Phi)a« ;
/ delphia, reported aT new production record. /
; .c
,•
-/
:serifes
Inc., Hollywood, Calif.—Files With SEC
Lerner Stores Corp.—July Sales Rose 7.6%—
Sales,—*
monies
The company on July 31 ^filed a letter of
for ,100,000-shares (10c par) common stock
*-•■
•
t'mer-share.;;//./'/]].-
• ]]:
//>/-..,.•, '
'obtained, for the, San -Manuel development,—V. 163, p, 2294.
.
'* /.
*
general
New
/"
:<:;&•$
.*/_%
"Fpr -the- Magma, - property the company / has authorized $1,750,000
capital, expenditures—$1,150,000 for additional/refrigeration and -water; ]
■
attorneys; Charles F. Noyes, Chair¬
Irtc'.;'Leo M. O'Neill. Presi¬
East Brooklyn Sayings Bank; L
Ward Prince. President of ,'
Ripley, Ino.; William H/ Quinl'an of Quinlan & Patterson,
of the
man
Copper Corp., of which. Mu$ma: owned ^ 366,500 shares,
"
]>/■;. "*"] ••■-/// "r-v
/. .,]/
86%".'
or
j
The/ followihg members of. ]tbe ,'cld; bOard/of directors, yfilL 'contihue
to serve: Thomas D. Austin of Austin & DuPont,
attorneys; Hunter
L.
.
THE COMMERCIAL &
830
The
"
NOTE—Provision
amounted
for
truding $9,890 for amortization of emergency
*/'
1946, had 209 stores
month last year.—-V. 164, p.
In July,
>TtM company
208 in the same
v.'v':-V:vV?'""Vv /
?'/ Mutual Investment
June 30—
0 Mos. Ended
Expenses
—-
*Net income
♦Exclusive of profit or
of $392,630
■
^20 339
$20,339
7,458
tufvzi
«H4fQrt
$".590
$8,396 .
$10,798 . $9,893
loss from sale of securities.
.;
■ •
.
W.i
■
t. Nassau
& Suffolk
30—
Period End. June
:j
undistributed income, $3,304,
Operating revenues
Operating expenses
Maintenance
Depreciation
—
$
143,429
175,321
301,398
.950
$331,389
2,020
$245,935
$333,409
98,624
162,926
275,327
$91,512
$147,311
.
777777777:777
7„
•'.7"including provision for income taxes"in;
carried forward, no Federal income taxes
year 1945.—V. 163, p. 2730.
S National
Dairy Products
1946. Due to taxable losses
have been accrued for the
jcenls
more per
th$fstockholders of this company,
The company presently
stock of Birmingham
said in part;
assets, ail of the com¬
holds, as its major
■
Electric Co., consisting of 545,610 shares, all
"i>f"The common stock of Carolina Power & Light Co., consisting of
909,350 shares, and 716,159 shares (approximately 28%) of common
stock of Pennsylvania Power & Light Co. As a further step in its liqui¬
dation program in compliance with the dissolution order of the Se¬
curities and Exchange Commission, National has completed arrange¬
for
ments
securties
&
Light Co. purchased by National
plan for rearrangement of
in? accordance with its obligation
the capital structure of Pennsyl¬
full shares when
Common stockholders
appropriately' combined.
of
any common
to
stockholder of National, it will act as the agent
or sell fractional receipt certificates
purchase
*
•expect to follow after
the distribution.
,
p
;
Oakes, President of
r'Chas. E.
—v.
July 17, in its letter to National Power & Light
•'77 7y77
777 ' 7 ' 777t:
stated: -r - '•>
,
as a
A'stock
K
.
V
■
'•
7>77 7/7
' 7.
.
..7
,/7
L 7 .7777 77/77'7
rate of 2 shares of
340 ooo
;340-000shs-
$1,000,000
$500,000
'
,
.
'
•
200,000
200,000
70,00 shares
stock for each
common
ot
share of
bond.
construction
the
■
to
of
about
cost
the
plant
$1,137,460.
to
are
be
and
equipment
which
balance, if any, will be
The
J Class A •
,
Common
•
20,000 shs.
20,000 shs.
20,000 shs.
20,000 shs.
20,000 shs.
.
20,000 shs.
sell
to
its
and
the
in
new
of
all
Associated
association
Gas
invited
has
&
Electric
competitive
interests
for
the
debentures
are
to
bids
specify
for
the
The bids will be opened after 11:30 a.m., Eastern Daylight
rate.
coupon
Bidders
shares.
common
the association and settlement
talization of
tric claims which was
the U.
S.
approved by the SEC
of Associated Gas &
on
Elec¬
June 24, 1946, and by
on July 18",
Court for the District of Massachusetts
District
1946, will become effective.
Upon completion of the measures provided in the plan, consoli¬
dated senior capital outstanding will consist of $9,580,000 of subsidiary
funded debt and the $22,500,000 of the association's new collateral
eliminated and equity
solely of 2,300,000 shares of new common.
1946, the Association reports con¬
solidated operating revenues of $20,529,449, compared with $19,681,889 for the preceding 12 months.
Net income after all charges except
provision for Federal income taxes, based on present capitalization,
was $2,322,599 compared with $1,903,001 in the corresponding previous
period. After provisions for Federal taxes on income, the balance to
surplus was $1,145,709 compared with $1,062,259 for the 12 months
ended June 30, 1945. ■ •
.
' t
1
•
Based on pro forma earnings figures giving effect to the recapitaliza¬
tion plan, these figures would give indicated earnings of 84 cents a
share on the new common before sinking fund requirements on the
collateral trust bonds, and 74 cents a share after such requirements.
The
registration statement notes that it is contemplated that an
initial quarterly dividend of 15 cents a share will be paid on or about
trust bonds.
All present preferred shares will be
capital will consist
For the 12
h
months ended June 30,
,
Dec
^'7;^;^
23.1946.
'.-• .•'
Output Increase/!—
the
For
are
week
ended
14,251,155 KWH.
This is an
above production of
12,706,573
.year
ago.
•
^ cwT
^
>4.
electric'CKitpiifc
increase of 1,544,582/kwh., or' 12.1©%
kwh. for the corresponding week a
'7
Aug. .2, .this-Association reports
of
.
.
output for the Aug. 2 week is reported at 112,724,000 cu. ft.,
of 10,903,000 cu. ft., or 10.71% above production of
101,821,000 cu. ft. in the corresponding week a year ago.For the month ended July 31, 1946, the Association reports electrie
Gas
increase
an
57,302,042 kwh. This is an increase of
production of 52,310,123 kwh. for
of
output
above
9.54%
month
a
year
4,991,919 kwh., or
the corresponding
ago.
for July, 1946 was reported at 461,510,000 cu. ft., aa
of 28,708,000 cu. ft., or 6.63% above production of 432,802,00®
the corresponding month a year ago.—V. 164, p, 729,
Gas
output
increase
operations.
cu.
manufacturing and selling of a general line
ft.
New England Power Association-r-Weekly Output—
Association reports ntimber of kilowatt hours available for the
ended Aug. 3, 1946 as 64,240,079, compared with 62,054,155 for
the week ended Aug. 4, 1945, an increase of 3.52%.
The comparable figure for the week ended July 27, 1946 was 63,344,085, an increase of 2.18% over the corresponding week last year.—
V. 164, p. 729.
'
wT ■* - The
week
-
Silver
New
Bell Mining
Co., Inc., Almira, Wash*—
Files With SEC—
30 filed a letter of notification with the SEC?
of common treasury stock, sales to be made by
Offering price, 5 cents a share.
Proceeds to to
employ mining engineer and geologist to make preliminary
The company on July
/
of large
the users and consumers
the
recapitali¬
its extended negotiations for
stage in
elimination
Saving Time on Aug. 13, 19467
Upon acceptance of bids for the new securities, the plan for recapi¬
speculation^; ; J ;A r
products direct to
final
organization
$22,500,000 20-year collateral trust bonds and a total of up to 1,568,980
Tprk—Files With SEC—
Company has not yet commenced
Gas & Electric Association—Asks Bids
Entering, the final
.
under term
for 350,000 shares
board of directors.
to
used
to,
suryey
Ground
contracts..
for
the
construction
of
.
:
' >•-■■••:?■
the factory; was broken on
and putline development program7 Hot underwritten,
,-v
V-
i
.
Total oper. revs.^7--,
June
.
Operating
The concrete piling for-the .foundations of the structure has
been completed and so has-the railroad siding. It is contemplated-that
the factory will be ready for operation in December 1946.
On April
3, 1946.
v
;
8,
the company
1946,
Depreciation
Operating, profit
Non-oper. income
of the
plant will be derived iir part from the sale of the securities now of¬
fered. Company has also entered into a contract with Pittsburgh Coke
& Chemical Co. under which the latter has agreed to purchase from i
$500,000 first mortgage bonds 4J/a% series A and $200,000 first mortgage bonds, 4V2% series B at par and interest.- Pitts¬
burgh Coke & Chemical Co. has represented in such contract that it
is purchasing the bonds for its own account for investment and with
no
present intention of distributing them.
Both the series A and B "
bonds will be issued under a first mortgage and deed of trust dated
.
and plant of $1,163,540 and the amount of $1,137,460 to be deposited
trustee, or $26,080, represents the cost of the land which has
jit'?'.'
--'v!
)!•• •!••.• rn i> •;" .- - \\ • '•{-;*•••>•. .-.n. .;-,•.
a
with the
.
V
,...,•■■■/'
;
*"
'•
f*
-
*
■:
-
■
■'•■'.
■■ ■-
^
' '.•.-•v..
'*
«ft. \<
.
.* • ♦
*,$
v •*••
.
170,000
7, 411,697
—--
Total, profit' —
long-term debton
advances from
;
associated cos.;.---.§Other interest, etc.—,
I. >$26,529 ;
3,803
Net
"7
new
and
21,767 77
11,880
$301,215
loss
deficit
•7 "Deficit,
'
« ;
A
f Appropriated'
50,000
$351,215
;
22,863
13,245
$446,625
.V ••«.
$U25,381
9,246
...
$1,229,585 .$1,334,621
979,370
979,379
244,842
■•"
;tMisc. res. of net inc.,
> : Bala-nce
»$176,00l, $1,192,776
10,326
36,809
244,842
Int.
:
$2,411,864 $14,775,342 $15,481,1017
1,540,087
9,451,805
9,699,605
' 428,670
1,539,491 - 1,410,519
;
170,000 " 1,000,000 , 1,000,009
;.449,108 , 1,591,270
2,045,602
*$22,126 7 ♦$165,675
Int. on
the company,
i"
387,116
-t—.
i!-.;
Taxes
obtained permission from the Civilian Produc¬
SALE OF BONDS—The funds to be used for the construction
$2,578,541
—1,636,257
expenses
Maintenance 7————
tion-Administration for authority to construct the plant.
■
£4
70,000 shs.
^
8 S*
'
^
163, p. 3i4i.
zation
dividend, the present
paid for the last two
£ April 1, 1946 by the company to the Colonial Trust Co., Pittsburgh, as
quarters having been determined in February, 1946, In the light of
trustee.
Under the terms of the mortgage the proceeds of the sale of
th6Q existing conditions.
7:\
;777;- 7:'7
;•• 7
the bonds,' viz., $700,000, and $437,460 of the proceeds of the sale of
sefctfrtties iidw Offered or a total of $1,137,460 will be deposited with
y,r Sutton*;, President 6t, ,'CiftdiM Pqw<£F & Light
the trustee.
The difference between the estimated cost of the land
on
Outstanding
in
New York Steam Corp.—Quarterly Report—
of
Period End. Jime 30—
1946—3 Mos.—1945
1946—12 Mos.—1945
sand, soda ash, lime, feldspar and other materials on the open market
Sale?-of steams.
$2,571,665 $2,405,433 $14,719,531 $15,421,980
-or under term contracts.
Corrugated paper boxes and any other pack- /
7,Other oper. revs
T . ; , 6,876 ' - '
6,4317 ' ' 55,811
59,121
ing material necessary will also be purchased on the open market or
mm
- ■
«
■■■'■
giving consideration to increasing the common
dividend of 20 cents per share which has been
Co.,
FINANCING
"600 000 shs
par
New England
Sales Up 13.46%—
quantities of bottles and outside of ..its sales force, does, not expect
have any;distributors^j— -v
;
The company will not own or control its supply of material used
manufacturing the glass containers but will purchase its supply
policy
Co..
PRESENT
70,000 shs.
for New Bonds and Common Stock—
''
intends to direct Its sales efforts to the food, pharma¬
ceutical^and beverage traded gompany intends to manufacture Its;
products on a specific order basis, but may, if conditions, warrant, ;
manufacture to a minor extent for inventory purposes. .Company in- .
of the board of directors of Pennsylvania Power St
Light Co. will be to continue dividend payments on the common stock
In amounts consistent with the net earnings and cash position of the
Company and within the charter dividend restrictions.
Cash common
^dividends up to 75% of net earnings may be paid under charter divi¬
dend restrictions, so long as the ratio of common stock and surplus
•to' -total capitalization meets the ratios set out in the dividend restric¬
tions which ratios are currently being exceeded.
The directors are
'
TO
-
of class A stock and common stock;
^
The company
July 17 said;
The
an
4
V Authorized.
\
Ammott, Baker & Co.,
Buckley Bros. '
Herrick, Waddell & Co., Inc
boxes. :'•;.
v-7
& Light Co.,
for
has
1946, in Penn¬
Company in¬
of glass
containers including prescription ware, pharmaceutical and proprie¬
tary ware, wide and narrow mouth food jars, as well as containers for
bevarges, chemicals, inks, pastes, mucilages, toilet preparations and i
household use. All of these containers will be made of flint or amber
glass and will be manufactured by what is known as the automatic
machine process.
Its factory is expected to produce about 100 tons of
glass a day or approximately 300,000 bottles a day. This estimate is
based on the experience of other glass manufacturers using the type
of equipment which the company intends to use.
It is expected that
the glassware will be packaged, and shipped chiefly in corrugated paper:1
r
I4$ht Co., in a letter to the National Power
to
up
and
estimated
shares
Na¬
BUSINESS—Company was incorporated in February,
tends to engage in
tends
;.••-•
bonds
-
a
10c per share
at the option of the company in
••!''■.
sylvania.
Pennsylvania Power &
B
UNDERWRITERS—The underwriters severally agree to purchase frdnx
company $8.50 per share in respect of the class A stock and at
in respect for the common stock the following number of
to its stock¬
Aug^ 1
■
are^iffe^d
earned.
'
fo
series
or concurrentor otherwise
used for working capital.
whole or in part
30 days' notice at $11 per
dividend rate is 60 cents a
share.
Dividends on these shares are fully cumulative from Jan. 1,
1948, and are payable quarterly in Jan., April, July and Oct. of each
year.
Dividends prior to Jan. 1, 1948, are cumulative only to the extent
stock of Birminghahm Electrid
if called for
The
the
any dividend date upon not less than
share plus accrued dividends.
The annual
•Memphis Street Ry. Co. Plans for-the rearrangement and readjust¬
ment; of the capital structures of the; latter two companies haVe been
proposed by Naional and are presently pending, before the Securities
and Exchange Commission. ;.A similar plan for Lehigh Valley Transit
Co., is in the process of formulation for filing with the commission.
Wl.■
Smith in a
Aug. 6, said:
at
»
,
T'
are also redeemable
go., Carolina Power & Light Co.,/ and Pennsylvania Power St Light Co,,
National Power & Light-go.
will hold as its remaining investment
assets the capital stocks of Lehigh Valley Transit Co., and Memphis
Generating Co., which in turn owns all of the common stock of the
at
or
stock
A
used
-convertible< ,at the option of the
holder into shares of common stock at the rate of two shares of com¬
mon stock for each share of class A stock.
Said shares of class A stock
the companies,
stock presently
'outstanding with the public. Since Jan. 1, 1946, that company has
-paid quarterly dividends of 20 cents per share on its common stock.
National Power & Light Co., for the benefit of its common stockholders,
'has requested information from each of the companies whose stocks
are,'to be distributed with respect to the dividend policy that they
/A After this distribution of the common
729.
shares-, of; class
The
of the stocks.
•agent for a period of three months after distribution
Pennsylvania Power & Light Co., is the only one of
whose stock is to be distributed, which has common
EFFECT
«
(10c
each $1,000
are
1946—Month—1945
1946—7 Mos.—1945
$3,364,972
$2,965,574 $23,000,682 $20,313,312
31—
*
securities
of such
at the
maturity.
pected to be realized on the sale of its series A and B bonds
Offered—Amott,
Brothers and Herrick, Waddell &
Co., Inc., on Aug. 6 offered 60,000 shares of class A stock
(par $1) and 60,000 shares of common stock (par 100)
in;units .of ope shar# of each ai $10.10 per unit. The
current market price.
Common stockholders of National desiring to
avail themselves of this arrangement should send their fractional
''receipt certificates to Bankers Trust Co. For this service Bankers
Trust.'Co. will make a charge of 50 cents for each transaction and
will-continue to make available its services in this capacity as such
to
PURPOSE—The net proceeds of the sale of the 60,000 shares of clas®
and 60,000 shares fo common stock together with $700 000 ex¬
Neville Island Glass Co., .Inc.—Stock
of Na-
B
A stock
Baker & Co., Buckley
upon
stockholder
for
Aug; 1 filed a letter of notification with the SEC
for 666,000 shares of common stock.
Offering price, 15 cents a share.
Proceeds are for working capital.
Not underwritten.
<
receiving, fractional receipt certificates may dispose of
them or purchase
additional certificates to make up full shares of
stock through their bank or broker. National has further made a spe¬
cial arrangement with Bankers Trust Co. whereby, upon the request
.tional
series
120,000 shares are reserved for conversion of the
$200,000 series B bonds or at the rate of 600 shares of common stock
i
Nevada Ventures Corp., New
-r-.s_i.-ji-.. a:
prior
par)
($1
stock
GIVING
'■
:
A stock
class
The company on
proposal of National Power & Light Co. to make distribution on
basis has been approved by the Securities and Exchange
Commission in its order issued under date of July 19, 1946.
In ac¬
cordance with action of the board of directors of National, such dis¬
tribution will be made on Aug. 23, 1946, to common stockholders of Na¬
tional of record at the .close of business on Aug. 8. 1946.
7/To" facilitate the distribution, National Power & Light,. Co. has re¬
serve
Jected Bankers.Trust C0.7I6. Waif St„ New York 15, /N. Y., .to s
rmnftPitorv:'/ Ar>
Aiicr
OQ j10d.fi "Ron IfPrc: T
as Distribution Agent and Depositary.
On Aug. 23,-1946 Bankers Trust
Co., will forward by registered mail to common stockholders of Na¬
tional of record at the close of business on Aug. 8, 1946, the securi¬
ties which each common stockholder of National is entitled to receive
upon the distribution
described above. No fractional shares of the
'common stocks to be distributed will be issued but, in lieu thereof,
fractional receipt certificates in bearer form for fractional parts of
shares will be issued, exchangeable, in accordance with their terms, for
_
sales!
-V$ 164, p.
The
and
mtge.
class
Pennsylvania
Period End. July
the foregoing
-
'
& Light Co.,
Power
of
par)
Net
Light Co., for the disposition of which there is an appli¬
cation pending before the
Securities and Exchange Commission) to
•Common stockholders of National on trie basis of 1/lOth of a share of
common stock of Birmingham Electric Co.,
l/6th of a share of com¬
mon stock of Carolina Power & Light Co.,
and l/8th of a share of
common
stock of Pennsylvania Power & Light Co., for each share of
common stock of National Power & Light Co.
1953
bonds, 4%% series A, (dui
April 1* 1956, non-convertbile)
1st mtge.
bonds, 4 »/a series B (due
April 1, 1956, convertible).,—
1st
.
v
stock
Common
164, p. 559.
vania Power &
•
•
Ruling—
Neisner Brothers, Inc.—July
all of the above mentioned
stock of Pennsylvania Power
the pro rata distribution of
(except 34,146 shares common
Under the
V.
1
issuance
Class A
and Va of a share of common stock
Power St Light Co., to holders of each
share of common stock of National Power & Light Co.
of record
Aug. 8, 1946 (fractional receipt certificates to be issued for fractional
sli&rcs)«
~'V;'•
*
• *
The Exchange directs
that National Power & Light Co. common
stock be not quoted "ex"
said distribution until further notice.—
(no
mon
April
CAPITALIZATION
regulatory jurisdiction of the
Exchange on
York Stock
New
Carolina
of
of
wil1 be subJect to redemption prior to
*
PROPERTY—Company has entered into
■
announced that notice
has been received from the above company that a distribution will
be made on Aug. 23, 1946, of l/10th of a share of common stock (no
par) of Birmingham Electric Co., Vfe of a share of common (no par)
Power & 'Light Co.—Distribution Aug/23—
Raymond H. Smith, President, on July 24, in a letter to
7,7
.
advised by both companies
The
vsIlNational
or
principal amount
contract under which lt
^as purchased from Pittsburgh Coke & Chemical
Co., for $26,080 or
at the rate of 5,000 per acre,
approximately 5.216 acres of land on
Neville Island, about 6 miles from
Pittsburgh, Pa. ^
f
• •
stocks of Birmingham Electric Co., Carolina Power
Stock Distribution
,
of
1
later than Nov.
not
Corp.—Increases Dividend—
$1,000
aggregate principal amount of $1,200,000.
v
that they will make such application
1, 1946. The common stock of Pennsylvania Power
& Light Co., is presently listed on the New York and the Philadelphia
Stock Exchanges.*
been
Oct.
he,rew"h a11 s"les Aprovides shall the been redeemed
bonds for have
The mortgage
requested Birmingham Electric Co. and Carolina Power & Light Co. to
make application to the New York Stock Exchange to have the com¬
mon stocks of such companies listed on that Exchange.
National has
dividend of 40 cents per com¬
of record Aug. 20. This is five
share than the last quarterly payment.—V. 164, p. 283.
mon
the
with the distribution by this company
common
*4°
each
retired.
regular dividend basis
tional's
*The'directors on: Aug. ft. declared a
share payable Sept. 10 on holders
-
of
for
& «?J2£llthe/,VWeC,t toAreudei"Ption only if prior thereto
?
subject with respect to payment of .divi¬
stock to
and
par
The members of the '
Light Co., and Pennsylvania Power & Light Co., as set forth in
letter to its stockholders dated July 24,
1946, National
&
$135,683
$170,483
common
connection
stock
common
redemption after
Stocks to Be Listed on Big Board—Mr.
"In
1
*140,000 shares are rserved for conversion of the
notice to the National Stockholders, on
$411,010
80,696
—_
-7
176,276
its
on
holders
$172,208
k? Net income
,
$408,680
2,330
,
such
1 +u6r
Ala¬
bama Public Service Commission, the management is of the opinion
that the current position of the company meets all applicable regulatory requirements so as to permit, subject to unforeseen contingencies,
the declarasTon, at a reasonably early date, which it is believed may be
before the end of the year, of an initial dividend, on the common stock
in an amount fairly proportionate to current earnings..
'
dends
April
fMrn^v/8,1the op'tion of the company l, 1948 ranging downward
from 103% if redeemed on or before April at prices to
feasible,
as
Also,, while our company,is
:
'
205,122
$244,809
1,126
$171,258
Operating Income i—
Other income (net) —
:
o
88,176
119,792
57,156
184,278
♦Taxes
deductions
*\v
1,933,625
*J^1,039 $3'J^-44® $?'SVfi2s
118,626
1,136,690
65,003
87,482
-....
'777A7':■:
income
■*
*,
,
1946—12 Mos7--194jr ^
1946—6 Mos.—1945
$1,645,731
...
,
soon
as
Lighting Co.—Earnings—
.
of
capital
highly desirable to put the common stock on a
it
on
It6 iMrinLBv,1)0n(isfWil1 be convertibleat a the option of tho
at rate
of 600 share®
holders into 120,000. shares of common stock
jequirements and general economic conditions then pre¬
vailing.
While the company has paid only one dividend on Its common
stock since 1932, and that on May 8, 1944, in connection with the re¬
arrangement of the company's capital structure under order of the
Securities and Exchange Commission, it was recognized by the members
of the board that the current earnings position of the company makes'
and
*«srued^tributton, $5,834;
'
a
expressed difficulty in stating any fixed polilcy in advance of,
the approximate time of actual declaration, as dividend declarations are
of course subject at the dividend declaration date to the then current
earnings stated of the property, the. then current and prospective cash
Federal income tax, $224, cap!
surplus, $815,337, security
profit and loss account (loss), $225,984;
total, $659,282.—y. 163, p. 656. |>
•!''
board
.
$U29;
under
meeting of the board of directors of the company.
•- •; • -
BALANCE SHEET JUNE ?0,„.1946 . ...
•
■
ASSETS—Securities owned and held by
«Ifaccrued
$999,100) cost, $606,470; cash in hands of custodian, $50,657, accrued,
dividends receivable, $2,000; deferred charges, $154, total, $659,282.
LIABILITIES—Accrued expenses,
common
payable
,.ser*es ^ bonds will provide for sinking fund payments
$15,000 quarter-a,nnually, commencing, with April 1, 1948.
Sinking
fund will be applied to the purchase and/or
redemption of series A
of
Wm.Mr Rogers, President of Birmingham Electric. Co.,
July 18, in a letter to National Power & Light Co., said:
Upon receipt of your inquiry the matter was discussed at a regular
$12,881
there was a net_unreal^^^^atlo^
based/ on market quotations at that date,
redemptions payable, $897; reserve for
tal
stock
($1
par),
$58,340; naid-in
a
est
e»c]\c
of
This restriction is now being lifted and the com¬
pany has adopted charter dividend restrictions which are more liberal.
Accordingly, if present earnings and existing business conditions con¬
tinue, it is believed that the company will be In a position to materially
increase the amount of. dividends on its common stock.
''."i.,
-
paying
Bot.h the rate°fofbonds wm mature on April 1, 1956, and bear inter¬
serles
at
4VS2% per annum
a
change Commission.
NOTE—At June 30, 1946
amount
will, of course,
approximately $150,000 per quarter, which payments
per year. These payments were
dividend restriction imposed by the Securities and Ex-',-
dividend
made
'
_
amounts of suCh dividends
equivalent to about 66c per share
are
in operation, as against
Fundi, Inc.—Earnings—;
1946
-t stock
283.
:' :
already been paid. The funds will be disbursed by the trustee durine !
the course of the construction of the .plant,
7
to pay dividends on its common stock quar¬
proposes
heretofore.* The
^factors existing at any dividend declaration date.
For the past three years our company has been
$51,265,463
$16,221
' • f, 6^94
6,153-,^ 5,965
77|7- 834^,7^; 639
363
3
*
,
$15,925
Income-dividends
Taxes
'
13.84%—|
$7,290,436 $56,679,672
$8,299,254
company
as
Monday, August 12,1946
depend on the company's earnings* its cash requirements for addi7 tional power supply and for system development, its cash position, its
charter restrictions on the payment of dividends, and other pertinent
1946—7 Mos.—1945
Month—1945
1946
Julv 31
End
-
in¬
facilities.~-V. 163, p,
Sales Increased
(G. C.) Murphy Co.—July
'7 p'prlod
31, 1946
months ended May
nine
the
plant and equipment terly,
of property,
for depreciation
$448 634
to
FINANCIAL CHRONICLE
'•
" :• '
'
.
96,493
45,327
t$108,395
250,000
$446,625 7 $141,605
net^ income for -'acquisition of
>105,752'
7
48,386
*$201,11?%
200,006
*$1,H»
bonds or1 Of
property/
tlncome. " Iincluding amortization Of -debt 'discouiA
and miscellaneous deductions.—V. 163, p. 2996.
V /! .
p. 2996.
7 '*7' »:77>>v. 7 .x'V
expense
deductions.—V. 163,
}.yi<
THE COMMERCIAL & FINANCIAL CHRONICLE
Key-York Power & Light Corp^Earaings^
Period End. June 30—
Norfolk Southern Ry.—New
Operating revenues L.** $16,071,940 $16,460,599 $32,602,811 $32,646,398
Oper., maint.' & deprec.
8,513,283
8,279,470
17,578,953
17,661,767,
Fed. Inc. taxes
1,593,000 '
702,000
2,534,000
1,157,000
Fed. excess profits tax.
49,000 11,636,000
1,296,000
Other taxes
.1,969,685
1,916,485
3,854,298
3,737,895
:
■■
'
Operating income
$3,995,972
Other income
D? 7,522
t
Gross/income
Income deductions
.
$3,988,450
730,380.
Wet income
—V.
1G3,
$5,513,644
$3,258,0711
$6,999,560
Dr 15,217
Dr9,834
$5,503,810
3,645,367
$1,858,443
Guardian Life Insurance Co. of America.
5*565,331
$3,209,922'
2860.
p.
i ns
North Texas Co. <&
New York Telephone
Co.—Earnings$
Operating revenues
Uncollectible oper.
Operating
revenues
Wet
income
oper.
income
—V.
iV C
<
Oper.
24,622,693 163,194,566 145,987,172
15,094,807 111,456,523
89,334,933
6,713,928
28,447,345
40,327,912
:
164,.p. 283.
20,332
289,230
23,290,698
CrlO.100
17,515
Cr51,600
21,160,394
18,100
income
...
$21,726
496
$42,105
'
14,219,310
Other
income—net
7,709
597
h
Gross
;'
Net
income
$21,947
$42,576
......
.
48,447,000
week
pnrrosnnnriinff
respectively, each selling 15,000 shares of pre¬
shares of common. Price, $10 a share for the
pre¬
ferred and $6 a share for the
common.
$204,047 of the proceeds shall
be paid to the
company to discharge their indebtedness to it.
with
$336,001
last
vear.
an
6.8%.—V. 164,
of
«
^
The issue was awarded July 31 on
of
Period End. June 30—
Operating
Oper.,
revenues
maint.
&
1946—6 MOS.—1945
4.—
$8,528,124
4,520,392
8,700
318,021
deprec.
Federal income taxes
Canadian income taxes.
N.
Y.
State
Other
1,102,758
2,154,171
2,188,521
Cr30,681
Crll4,915
Cr81,383
338,780
$1,686,497
$1,670,912
$3,371,115
96,370
61,064
186,453
$3,357,177
121,206
res.
—
income
$1,782,867
$1,731,976
$3,557,568
deductions
711,445
407,537
1,130,899
income
163, p. 2860.
$1,071,422
$1,324,439
$2,426,669
Noma Electric Corp.—To Vote
The
stockholders
of
turing Co., Inc., will
the two companies.
this
vote
corporation
Aug.
28
on
on
and
of
the
approving
Noma stock,
Pollak
the
merger agreement provides
of two-thirds oil a share of Noma
stock for each
common stock,
which will involve the issuance of
share
of
of
Leo L. Pollak, President of the Pollak
company, and Carl Schlestnger and Peter Calabro, Vice-Presidents of that
company, will become
Vice-Presidents of the Noma Electric
Corp., and Messrs. Pollak and
Scblesinger will become directors of the same
company.
Substantial expenditures previously
contemplated for enlargement of
capacity at several Noma plants will be made
unnecessary
the consolidation, Henri Sadacca,
President, said.
Pollak Manu¬
facturing operates six plants at Arlington,
Kearny, East Newark and
Newark, all In New Jersey, completely
equipped to manufacture elec¬
trical goods, large and
small, metal products, screw machine
parts and
tools and dies.
In this connection, Mr. Sadacca
stated:
"The facilities and personnel of Pollak
are
particularly suitable for
the manufacture of
products of Noma and its subsidiaries.
Noma has
been
contemplating
expansion
of
manufacturing
facilities
of
the
Estate Stove Co. and
Refrigeration Corp. of America in order to fill
the demand for the products of such
companies which are
substantially
Jn excess of their present
productive capacities.
Current shortages of
building material and the difficulty of
obtaining required equipment
itas caused delay in
acquiring such facilities.
The addition of the
Foliak plants would
substantially solve this problem.
intended
to
transfer
manufacture
of
the
Estate
America,
SPolIak
such
and
continue
-as
refrigerated
air-conditioning
plants
the
to be
sold
"The
Sadacca
stated
facilities
will
that
with
consummation of the -merger,
the
in an integrated unit as the Pollak
Electric Corp. or of one of its sub¬
At the present time, Pollak is
manufacturing, under contract,
be
continued
sidiaries.
cabinets
cabinets,
A
and
parts for - cigarette -vending machines and-ice cream
institutional laundry machines,- manifolds for aircraft .and
children's tricycle under a Walt Disney license....It is
manufacturing
eleptronic gage and a sorter which is marketed under the name of
an
"Limitron"
through
an
exclusive
distributor.
since the start of 1946, Ncma Electric Corp. or its subsidiaries have
made the following major acquisitions: The Estate Stove
Co., Refrigera¬
tion Corp. of America, Fleischaker &
Baum, Inc., and Effanbee, Inc.—
ST. 164, p. 560. ;
X
i-X
&
.92
1.82
Bros.
W.
4.64
t8.10
7 .56
Scranton
I.
8.10
Co.
Hutzler
&
&
Salomon
Chas.
.72
.72
Simon
M.
.38
.92
& Co
.38
Swiss American
.56
Wertheim
&
Co.—
&
Co.
&
Brothers
Stern
5.44
Corp.
.96
$
5.44
Co
White, Weld & Co...— f8!0
Whiting, Weeks & Stubbs— M1.10
3.64
1.82
-
1.10
Company..—
Rothschild
F.
L.
4.64
Son
.72
Harold E. Wood and Co
Is
Woodard-Elwood
.38
::'77wV..
Mr.
and
under
originally
-JAmount
indenture
of
issued,
unlimited
is
which
in
$1,200,000
.-7;'
.
Co.——; *:>72
XX'VXXX777-i-'7
■'
^
c
formerly
was
Vice President
was
Co.,
Brush
Croix Falls
St.
Electric
Co.
were
7"-'
Appro^ved-^7^!;;%
pany to Fearn Laboratories, Inc.
»'vv
! ;
Under the plan Northwestern stockholders are to
7
fc: n.
receive as a liqui¬
dating dividend four shares of Fearn Laboratories common stock for
stock held
share of Northwestern common
each
and in addition are to
liquidation pioceeds of other assets held by the Northwestern
is understood that as a' result of conversations beween
certain officials of both companies since the July 16 meeting that the
distribution of the Fearn Laboratories stock may be delayed 60 days or
more pending clarification of the operating experience of Fearn Labor¬
It
company.
atories.
The
$5
par
plan provides for the issuance
stock of Fearn stock.
of
a
X-lX- rv;
total of 218,304 shares of
The assets to be transferred to Fearn total $1,406,727,
of which cur¬
rent assets amount to $1,250,380. The only liabilities were tax reserves
totaling $874.
The net book value of assets transferred to Fearn
equaled $8.02 per share of Fearn stock, or a total of $32.08 for the
four shares to be received by the Northwestern stockholders. In addi¬
tion,
per
Northwestern- stockholders 'have a bookutquity equal to $16.07
share of Northwestern stock, giving them a total book value of
$48jL5^r'share.—V. 159, p. 2307.
Oberman & Co.--Stocks Offered—Herrick, Waddell &
Co., Inc. and associates on Aug. 7 offered to the public
80,000 shares of 5% cumulative convertible preferred
stock at par ($10) and 75,000 shares of common stock
(par $1) at $6 per share.
Registrar, Chemical Bank & Trust Co.,. New York.
Transfer Agent,
National Bank of Jersey City, Jersey City, N. J.
First
of the largest manu¬
the country.
It also manufactures work
dress trousers, slacks and riding breeches.
The business was established in Jefferson City, Mo., in 1914 as D. M.
Oberman Manufacturing Co.
The present company was organized as
a successor in 1932.
Company has seven manufacturing plants which
are located
as follows: Jefferson City, Mo..;
Springfield, Chamois and
HISTORY
AND BUSINESS—Company is. one
facturers of work trousers in
shirts and
men's
and boys'
Tipton, Mo.; Harrison and Fayetteville, Ark., and Picayune, Miss.
The company owns all of the machinery and equipment in these
plants with the, exception of n few special inacWnes whieh ; cannot
be purchased but are rented.
i
In addition to these seven plants now in operation, the company
has executed agreements
been
which.provide for.the construction of factory
to the company's specifications at the following
Arkadelphia and Walnut Ridge, Ark., and Bay Springs,
buildings satisfactory
locations:
■
Miss.
:
'7v7;.7J.J'7v-
-
company's products are distributed through two main channels.
sold directly Jo the large mail order and chain,
store companies.
The remainder is sold to the general retail ;tfade,
The
A substantial portion is
principally under the" company's; trad^ihark
f'KastTlron." '
Tavist.*..
SUMMARY OF EARNINGS
77777 ;'77:. ;f.7
7,7 7
Improvement Co. and
into the company.
-Fiscal Years Ended—"
Dec.2, '45 to
,
Dec
1,'45
$6,912,529
Mar. 31, '46
•
• -
7Net sales"::-—T-i-—$2,799,020
"Cost of goods sold——*. 2,576,336'
7 Sell., ftdm. f to gen. -exp.
7104,375
The company and
its public utility subsidiary companies are engaged
the public utility business.
The principal subsidiary of
company is Northern States Power Co. (Wis.)
Company acquired
all of the common stock,
representing 96.99%
of the outstanding
voting stock, of the Wisconsin Company in 1938 from the company's
parent,
Northern States
Power
Co.
(Del.).;! The
company's other
direct subsidiaries, all of which are wholly-owned,
are
as
follows:
engaged
and Company
firm when, he resigned
on July 18 approved a plan of reorganization and
authorized the transfer of certain assets of the -com¬
and
Minnesota
merged
that
Bank of - Lake
7 V
Armour
share in the
HISTORY ;& BUSINESS—Company was organized June'16, 1909 in
as Washington County Light and Power
Co. In December,
name was changed to Consumers Power Co. and in February,
1916, to Northern States Power Co.
In August, 1941.
Minneapolis
Electric
of
and Director
National
with
164, p. 11.
1909,
General
First
associated
Northwestern Yeast Co*—^Liquidation
Minnesota
Minnesota
Chicago.
He is a director and
of Rathborne, Hair & Ridgeway
Co.,
committee
director, of. the
a
The stockholders
-
;
executive
and
Armour
in 1931.—V.
be issued and
,
the
liquidation
expressed
had
Insulation
Zonolite
Chicago,
Forest, 111.
in
6,419,301
287,085
Dec. 2,'44
$7,759,968
6,872,775
,-m--
Dec.-4,:'43
$7,772,293
6,785,178
318,659
-29^,0^1
$206,144
68,959
$568,543
--—15,245
$696,104
44,333
$275,103
88,970
$583,787
102,823
$7241;375
1171687
-43,000
91,550
359,952
-
the
; Gross income
Income charges ——
Prov. for income taxes
Liiht & Power Co. (Del.), Interstate Light & Power Co.
( Wis.), St. Croix Falls Wisconsin Improvement Co., St. Croix Power7
Co., Str -Anthony Falls. Water Power Co., Minneapolis Mill Co., Miss-7
$133,552
c
at
wholesale
for
resale
in
127
additional
7
Dlvs.
-
distribution
Minot,
N.
systems
D.,
and
of
and
central
southeastern
and
South
southern
111.,
into
Dakota.
by four separate production,
located in and around Fargo,
Galena,
Minnesota
respectively,
The remaining
transmission and
Grand Forks and
which
furnish
electric
on
pfd. stock—
7:, 2,835
11,340
11,340
$83,243
$109,672
-
;
.
$43,383
-
-
j
.<
445,202
iv
$161,486
.,vj
.4.781
$156,705
FINANCING '.;
Authorized
; ' Issued1
200,000 shs,
*80,000 ShL
375,000 shs. ' 7 t255,30((s^s.
^
.
(
Preferred stock ($10 par)——
Common stock ($1 par)
—
—
;
.
Wisconsin
including part
territory is served
$121,012
CAPITALIZATION GIVING EFFECT TO PRESENT
communities
states, having an aggregate population, of. approximately 1,The companies also furnish electric service to-many rural and
farm customers throughout the territory served;
The major part of 7
the territory is served by an interconnected system extending through
west-central
$94,583
T!
such
491,000.
; and
$46,218
Balance
in
"
»—•—
Net income
7 Minnesota, Wisconsin, North Dakota, South Dakota and Illinois and;
energy
"5<rc
—r.va
The company and its public utility subsidiary companies are engaged
-chiefly in the production, .transmission and-distribution of electric
7 energy.
They furnish retail.- electric service in 485 -communities in
7 electric
28,271
-
;
—estimated
;
v
-
~
Chippewa
River Power & Fibre Co., and Chippewa Valley Construction Co.
;
$118,309
15,243
Other Income
7 Interstate
-'issippf & Rum River Boom Co.;"United Power &-Land Co.,
opers.—-
Profit; from
-
;'V
$
.72
Inc
Weeks
Co.,
.
Manufacturing Division of Noma
.38
;-««
.56
&
of
member
of
..
■
Mr.
(exclusive
stock, $5 series," and 275,000 shares are proposed to
designated ."cumulative preferred, stock, $3.60 series,"
-
31,
1.10
-
Co.
Hilliard
B.
Universal
or
.
authorized
•Amount
to
1945, Pollak had totaT assets of $3,394,000, Including
$2,902,000 current assets.
Its current liabilities were
$978,000, leaving
it with a net working capital of $1,924,000.
Pollak
on
company
amount,
will
•
Mr. Sadacca pointed out that one of Noma's
major current problems
Is the fabrication of tools. and dies.
"This is an item which runs
Into hundreds of thousands of
dollars," he said.
"Pollak offers to
Noma complete tool and die facilities and an
engineering organization
which has developed an intimate
knowledge of the manufacture of dies
and tools.
Pollak can save the Noma
organization and its subsidiaries
thousands of dollars annually and at the same time
deliver such tools
and dies much more quickly than outside sources."
of Dee.
issuing
contemplates
paid at Dec. 31, 1945.
^Includes $400,000 due Feb. 28, 1946 (which
was paid on
that date) and $400,000 due Aug. 28, 1946. ;
fllssuable
in series and of which 275,000 shares designated "cumulative preferred
proposed 'Dinner Belle' line of better
grade aluminum housebold kitchen wares, about to be
produced by Pollak, can readily be
distributed with the durable household
goods of Noma and its sub¬
sidiaries."
As
>
.
"***
facilities would
Refrigeration Corp.
cahdy cabinets,
bacteriological
through its air-conditioner sales division.
company
a
,
'Heatrola'
units.
Noma would, also
transfer
manufacture, cf its convection heaters which
Co
—
&
Stanley & Co...—. 8.10
Ma'ynard H. Murch & Co... ? .92
Newhard, Cook & Co
.92
Fark-Shaughnessy & Co..— -7.38
R. W. Pressprich & Co...—
2.82
Rauscher, Pierce & Co. Inc. f .56
Reinholdt & Gardner.;
-u-38.
Rotan Mosle and Moreland. • -.56
Morgan
.38
v
.
Its well-known line of electrical and
gas ranges.
"Similarly, by use of the Pollak plants, production
be available to fill the demand for
products of the
cabinets
J.
McDonald
1.82
2.82
.
102.75 for
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
Authorized
Outstanding
First mtge. bonds, series due Feb. 1,
"
:
"...
1974, 2%%
—■»——--7** 7
*
$5,000,000
First mtge Bonds, series due Oct. 1,
1975, 2%%
—
♦
75,000,000
Serial notes, 2 V*%, due semi-annually
'
,
^
to Feb. 28, 1949
> t$4,000,000
12,800,000
n"
^Preferred stock, ; (no par).
cumulative pfd. stock, $3.60 series-.
275,000 shs.
Common stock (no par)—.
4,000,000 shs.
4,000,000 shs.
space heater to the Pollak plants,
thereby making available the entire
Hamilton, Ohio, plan of the Estate Btove Co. for the
manufacture of
of
a-bid of $102.75 less compensation
the exchange of the new for the
will sell to underwriters such of the 275,000 shares
of new preferred stock us are not taken by the holders of the old
preferred stock.
To the extent that the proceeds from the sale of
the new preferred Etock are insufficient to provide the amount of
cash necessary for the redemption of the old preferred stock- the
company's general funds will be employed.
productive
is
&
1.10
.
.72
.72
;
Philip D. Armour of Chicago, 111., has been elected a director to
a
vacancy on
the board, Croll Hunter, President and General
Manager, announces.
Mr. Armour's election is subject to approval
by the Civil Aeronautics Board.
^
y-,7'
,
Mr. Armour is director and Chairman of the finance committee; pt
Borg-Warner Corp., Chicago, and also is Chairman of the board of
16,
The
by
"It
Kebbon; McCormick & Co—
Laurence M, Marks & Co..
.38
Northwest Airlines, Inc.-—New Director—
1946, the date on which it is expected that all shares of
the old preferred stock not surrendered for exchange will be re¬
deemed, and the dividend on each share of new preferred stock from
July 1, 1946 to Aug. 16, 1946, the date on which it is contemplated
that certificates for the new preferred stock will be available for
delivery and notice<of redemption of the old, preferred,.stock will be
given. "The right will expire at.2:00 P. M., Chicago Time, Aug. 12, 1946
and
may be
exercised by holders of old preferred stock only by
forwarding or delivering their certificates for old preferred stock to
either of the following exchange agents, accompanied by a prescribed
form for exercising such right, so that they are received before the
time of the expiration of the right: Chase National Bank of New York,
and First National Bank of Chicago.
Pollak
bringing the total outstanding to 599,154 shares.
16,
Aug.
difference
Sept.
Manufac¬
shares
Johnston, Lemon & Co
4.00
—
accrued dividends) between the price of
$102.75 per share
(before deducting underwriters commissions and
expenses) to be paid to the company for shares of new preferred
stock not required
to effect such exchanges, which are to be sold
to the underwriters for cash, and the redemption price of $110 per
share
(exclusive of accrued dividends)
of the old preferred stock;
and
(b) a dividend adjustment of 60c per share.
The dividend ad¬
justment will be the difference between the dividend which would
accrue
on
each share of old preferred stock from July 1,
1946 to
consolidation of
for the issuance
80,000
OFFER—The
EXCHANGE
the
Consolidation—
The
the
and
underwriters
several
8.78
Blair
&
Hornblower
receiving a cash adjustment of $7.85 per share' for^each share,
so
exchanged.
Such cash adjustment, to be paid to stockholders
making the exchange will consist of (a) $7.25 per share/representing-
$2,596,790
Net
the
of
Inc.—
:
Johnson, Lane, Space- and
Co., Inc.
—V. 164, p. 560. -
of
$3,478,383
881,593
Income
Co.
Dickson &
S.
Company is granting to the holders of old preferred stock the Tight
to exchange their shares of old preferred stock for shares of cumu¬
lative preferred stock, $3.60' series on a share for share basis, and
623,980
1,216,650
—
Operating income
Other income
—V.
634,442
1,562,010
taxes
•ppropriation
Gross
-
&
W. E. Hutton & Co.——
$3.60 series.
<■
302,946
and
water
and Co., Inc..*
Brothers
Co.
J.
call for the redemption on Sept. 16, at $110 per
share, plus dividends to redemption date, of so many of the 275,000
shares of cumulative preferred stock, $5 series (no par) now issued
and outstanding, as have not been exchanged pursuant to the right
described
to exchange
such stock for cumulative preferred stock,
$8,631,762 $17,294,138 $17,556,399
4,656,961
9,331,183
8,786,191
413,100
322,600
1,045,100
950,000
in connection with
share
$5
about
■
600,000
chge.
Emergency diversion
f
a
preferred.
Smith Barney & Co. and associates bid
3.70% dividend less compensation of $1.65 a share; .;
•
a
1946—12 Mos.—1945
1,075,195
water
$2.27
old
value
Niagara Falls Power Co. (&
Subs.)—Earnings—
names
Equitable Securities Corp...
Farwell, Chapman & Co...*
Folger, Nolan Inc...*.*
Glore, Forgan & Co.—.—
Hallgarten & Co.
——Hallowell, Sulzberger & Co..
730.
p.
9%
telephone
electricity,
of
revenues.
Elworthy & Co
week ended Aug. 3, 1946,
45,372,000 kwh. for the
increase
revenues
12 months
for the
sale
heating,
from
operating
gross
the
fill
this
par
Read
and Co.,--
R.
(Minn.)—Preferred Stock
Offered—An issue of 275,000 shares of cumulative pre¬
ferred, $3.60 series (no par) was offered Aug. 2 at
$102.75 a share and dividend by a group headed by
Dillon, Read & Co. Inc.
Holders of the company's pres¬
ently outstanding $5 cumulative prefererd are being
afforded the right to exchange their holdings for the
new stock on a share for share basis plus a cash adjuSt-
offering, the stockholders authorized a re¬
to the present $2.50 through the issue
of 39 additional shares for each
share held.
Thus the
outstanding,
■stock
was
Increased
to
140,000 shares and the new
offering will
increase the total to
225,000 shares.—V. 164, p. 283. •"
$100
4%
from
31, 1946 the company and Its subsidiary companies served
of which 459,852 were electric, 126,922 gas,
1,J!74
647 water customers and 4,985 telephone subscribers,'!;;^
C. Allyn
William
\
from
and
Boettcher
Northern States Power Co.
Newmarket Mfg. Co.—Stock Offered—An underwrit¬
ing group headed by Lee Higginson Corp. on
Aug. 8
offered 85,000 shares of
$2.50 par value common stock
at $15.75 a share.
Proceeds will be used to retire a
first mortgage note of
$1,063,031. The issue was over¬
subscribed.
connection
gas,
of
Baker, Watts & Co.
Baker, Weeks & Harden
Barret, Fitch & Co., Inc...
(Del.)—Weekly Output—
of this company for the
kwh. as compared with
consolidated
derived
Dominick & Domlnick
Northern States Power Co.
Electric output
totaled
the
in
service
heating
water
of the new preferred stock not Issued pursuant
optional right severally to be purchased by each are as follows:
the
Almstedt
15,000
Reclassifies Stock—
was
miscellaneous
and
A.
SEC
Secretary-Treasurer,
In
sale
and
Dillon,
—V. 163, p. 2731.
(par
and 30,000 common shares ($1
par). Underwriters are O'Con& Janareli, New York.
Shares are issued and
outstanding and
being sold by Maurice Cohen and Samuel
Friedman, President and
the
of
UNDERWRITERS—The
4,702
$351,818
aggregate population of ap¬
p.n
hot
or
customers
to
$340,704
3,150
steam
respective percentages
'
274
furnish
Wis¬
also
subsidiaries
telephone service in Minot, North Dakota, and
and (d) water service in Tracy, Minn.
(c)
Courts
Registers With
$10),
duction
the
services
&yj,580
163,000
$354,968
$22,222
$42,703"
;
126
income
(b)
1946
neating
'
Int. pi) equip notes, etc.
31,
irom
$334,929
5,775
$347,259
its
of
certain
I,^ March
company and its subsidiary companies
,
ended
208,565
of
•
served by
retail in 20 communities in Minnesota,
at
vicinity;
Approximately 87%
Crl32,300
222,420
filing
returns—
tax
subsidiaries);
North Dakota;
0
300,900
from
consol.
16,324,327
2,595,527
The company on
Aug. 2 filed a registration statement with the
lor 30,000 shares of 6% cumulative
convertible preferred stock
and
123,400
profits tax...
and/or
gas
Jts immediate
2,767,978
23,100
exc.
wholesale
at
energy
communities
The
,nnesota, having an aggregate population of approxmiately 562,-
its
ana
$3,643,073
2,747,487
212,900
Operating
2,813,958
SEC—
ferred
$3,601,867
251,016
V 12,500
25,800
surtax
Depreciation
,
are
$315,758
219,749
Fed.
163,751
•
Newburgh Steel Co., Inc., Detroit
nell
$305,755
and
normal
electric
and
communities.
^central business districts of eight communities in Minnesota, Wisconsin
1946—12 Mos.—*1945
—
revenues
rev.
Fed.
Savings
3,744,569
3,081,302
tt
.
5,359,676 146,150,923
Company
Subs.)—Earnings
deductions—
Operating
$ \v/'
24,643,025
27,696,721
19,540,412
4,411,740
rev.-,
Operating expenses
Operating taxes
Wet
1946—6 Mos.—1945
$
27,738,680
41,959
.*•
communities
000 (of which 20 communities having
or
1946—Month—* 1945
Period Ended May 31—•
39
proximately 518,000 are also served with electricity by the company
*
""
1946—Month—1945
additional
manufactured
?
,
-
Period End. June 30—
in
11
consin and North Dakota, and natural gas at retail in 3 communities
result in complete
would
retail
in
systems have an aggregate population of approximately
„
(a)
payment by 1986 of the entire first
mortgage indebtedness: Company estimates that net cash savings over
the period would Jbe $630,828.—V. 163, p, 730.
which
at
resale
103,700.
proposed sale was arranged through Hemphill, Noyes & Co.,
New York.
;
XX
': ' >
- -/ J
The application ■states that the redemption-plan provides for Setting,
aside $140,000 a year for interest and amortization of new bonds
$8,775,253
$5,457,995
lor
The
Drl8,483
1,526,348
service
company proposes
,
$8,793,736
$6,984,343
plan filed with the ICC,
a
831
Refunding Plan—■
to issue
$3,200,000 new first mortgage bonds, series B, and use proceeds to¬
gether with company funds to redeem $3,393,300 1st series A 4y2S
"due 1998 at 103.
New bonds would carry an interest rate of 3% and
be sold at par to five insurance companies, Connecticut Mutual Life"
Insurance Co., New England Mutual Life Insurance Co., Massachusetts
Mtual Life" Insurance Co., Mutual Benefit Life Insurance Co. and .
According to
1946—6 Mos.—1945 4' 1946—12 Mos.—1945
•
*? ■' ':K
\7-.1 '
'It
Volume -164;- Number 4515
*5%
shares
cumulative-convertible preferred stock.' tin addition, 10Q,000
reserved for" conversion of 5%-cumulative convertible pre-
are
''"
ferred stock.
•
;
.
PURPOSE—The
1'
•
,
net
*
r,
*
''
*;..•/
*0^
proceeds will be approximately $1,055,000, tmd
be used as follows:
.
it is intended that they
Tft
rotiro
»V«a
nrownt
nntRtonriino'
issilft
1
RQrt
Shares
flT
$6
notes
gage
to
and
.
_
3,000
3,500
3000
'.Torrey__^-^-^~--i-^-r^-r^,--rr7^f
Cohu &
First Washington Corp.-.,-,—
3,000
Morgan.
3,000
Co.——--r-——---:
&
-
it
*',i
"'i, 7*
,
*
1
Y
,/'V V4'
%,s-
\
i
^
lV
».i
>
3,000
2,800
Ended June 30—
12 Mos.
t'W
*+•»
^ V'J larX~"
'
--
—
~-
;
1945
$
Profit on sale of securities and other incomeProceeds? from settlement of equity suit——
»'
Crl5,779
109,897.
72,000
$120,029 ;
$93i;772
:
tirement
from
Net
12 motiths*-period dnded Julie 30,' 1946.
AvihA,. ;;'"-i'■
New Director Elected-^* ^ '-n%? * * •
Com¬
,
•;
?
'
fc
10,009,792
•
,
9,414,311
3142.
:
1946—6 Mos.- -1945
'$1,108,243
' : 34,394
67,576
$1,142,637
"
146,668
$2,143,175
174,166
192,251
207,123
'414,720
414,247
-
Capital ' stock * takes^«'
'•*'
the third quarter,
-A like amount was
j:'.; *
;
994,786
'
441,159
12 Months Ended JUne 30—
J
'*% $581,250
*
}
Net income
$263,672
$282,313
.
369,000
' $0.77"
'
cbntingencies.—V: i63,; >p^997.
Federal excess profits taxes..:
$0.71
_
which sum was set up as a reserve for
c
......
-.
,
-:
;
'
.^
:■
Subsidiaries)
(Including Wholly Owned
;•
Gross
earnings
Oper.
expenses
-
& taxes
from
allied
:
.operated Under lease¬
hold agreement
incomeX^._X—.
:
:
;
the
sustained.
$35,054
.
-
,
:
..,
„
the
loss
;
;
.
:
war
Credit arising'
X. "Nefe •
ending
Net profit .per
♦Does
;&
.
•and
not
.
/
1
/
'
i
'
•'
'
'
Eiigineerlbg 45
companies served by this corpo¬
kwh.. as
corresponding week last
1946, totaled 198,814,000
for the
increase of 3.4%.-r-V. 164, p. 731.
.
taxes on
Auxiliary Oper.—
Total
73,039,782
income-i.^x-XX- k' 2,464,900
revenues
Total
71,271,271
V.-f#
Net
-
20,633,291''
:
8,002,179
.shareX^x-iXX—$1.63
paid to Federal and State Governments.
288,179
:38,704>
net Tfevenue^xx
$159,895
.Operating lncome^-*x.
$2.96
X
124,231
2,781,3071,896,152
-496,918
•
1,856,599' •; 2;?04,864
.1,477,926 \ 1,615,512
468;63'0;
;f 343,799
;r
337,023
accrued ;
(Taxes
.
-
revenue
Total
f
5,689,000
14,578,404
589,352
:
11,315,272
8,173,755
3,757,31?
:
885,155
-.
378,673
4,960,029
:
1,202,712
3,141,511
n
'
v.--.-,-'
gasoline "taxes collected
Gross income for '1945
or
'
328,863
expenses
-900,000
X
10,725,920
4,581,356
2,657,076
298,319
revenue
'
general
inter-company business
.
—
99,284,098 113,041,967
^
the
v "1946*
" 1945 . X inclUdeSi:ftpproximately':$5,400,0b0-aggregafe ;profit;:f!rbm;^ale bt'Pipe
company's entire holdings of common stock Of Panhandle Eastern
' $5,767,169 $7,015,564
Line Co. and 2,046 tank cars.
Net profit after "taxes from these two
taxes—'r 5,919,564 * 6,836,001;
transactions was approximately $3,750,000 or 76 cents per share,
tit is
the opinion of the company that its liability on renegotiation for 1945,
♦$152,395
$179,563
after appropriate credit for Federal taxes on income, Will not mate¬
Dividends from allied companies operated, .under
rially affectr net income.;
tDue to a chahge in accounting p01icy<
>25,579
VDrl,342-v
leasehold agreement.
X' the 1945 period includes a provision of approximately $1,400,000 for the
54,636
63,802
Sundry { income
XX*
amortization of rentals on undeveloped oil and gas leases which jwere
capitalized In-prior years.
*
' "I •' #' 1
,
,
" 1
$259,778
♦$89,935',
Gross-income
i
;.
^
•
Net
contingencies—J—-a-
include
$714,550
$5,578,645
x———
'v
for deplet., deprec.", development costs X ' : 'and-rdtiremehts XXX^xxXXx^XwXX-a^XX-iXXi $15,777,236
Provision for "Federal
an
$3,466,155
2,751,597
,
x
1946
Mqpths Ended June 30—
tProvision for
1940-and 1945,
RESULTS FOR 12 MONTHS ENDED JUNE 30
,
outstanding aV that date.—Vr 164; p.'595;
Reserves
,
2,751,597
Co.—May Eamings-tCAR AND AUXILIARY OPERATIONS
Period End. May 31—
1946~-May-*1945,
r 1946—5 MoB.-^1945
Sleeping Car Qpeiv-rr '■
'
; .-$^ -* '9 '
'c r.'?,'*$ ■.
Total revenues
10,770,468- .15;493,750. 59,468,353 ?: 58,407;084
♦Mairit.- of cars4,110,315
4,273^610 19,854,450 ; 20,501,962
All-other maint.—109,111'
Crl48,225
.1,898,781 Cr810,05S
Conduct, car operations
5,604,784
5,104,061 29,830,262 24,870,141
Gen. expenses
647,939
• 607.229
\ 3,303.503
3,ll9,llS
^
jmade for- a federal Income-'tax
carry-back for each of the three month periods
respectively June 30,
outstanding
$8,330,242
(The) Piillman
*
reeprd date, June 3, 1946, and after deducting divi¬
share on "967,955" shares of $1 dividend' preference
expenses, taxes (other than Federal income)
And interest" x.x^XXxu^liiXXXXXxx^^XXX^-aXX'
June
'
the basis -of 9,561,2.75 sharps ,
——-
$8,391,624
4,925,468
is'
REVENUES AND EXPENSES OF
$1.52
per
; •Gross'income xx
—. ..-x,---———
Cost of
products sold, operating and
$67,156
-$60,283
Provision' has" been
from
6
made
been
on
stock____xxlX
Phillips Petroleum Co. (& Subs.)- -Earnings—
o
X,:i,
has
ending
period
for both years
dividend
at' $1
commoh; stock
1,000
$$106,086
$35,056
$26,708
the
dends
10,589,810
5,687,378
750,553
8,294,730
7,176,960
7,629,735
4,597,275
10,794,912
5,695,472
V
750,564
2,168,768
15,484,930
J
stocks-....
ii:" 2,380
j
$$40,745
at
for Federal income tax. for. the
30, 1945, but none Is required for
"month, 'period- ending June 30^ 1946 dn-viOWviofxthRxnetxlos^
month
six
|
32,537
$38,435
$$98,553
7,533
45,000
•
♦Stated
11,855
:
year,
.2,168,768
♦Earnings per share of common
J-
compared
,
40,970,150
$13,255,710
4,925,468
output of the operating
the week ended Aug. 3,
with 192,231,000 kwh.
for
ration
16,293,928
V : $1.60
stocks;
Balance available for common
-
Siio
.
$$84,432
-.1,313.:
:
$$203,877
-
1
NOTE—Provision
six
-
depreciation.!.-;..'
fbeiicit,"
?6,85l
.'
57,000
•Net income .X———
&
'V,-?X;V: '
preferred
on
—
164, p. 596.,
-Electric
.
'18,462,6961 17,653,748
Net !income
Dividends
$5,957
X:
5,105
11,270
$$254,026
i
Frov. for inc. taxes (est.)
v
'
'
*22^944
Sundry
;
*
$134,203
$100,807
■K',
Cfharges - to income
x.x_;;
10,680,067
stock dividends—
of N. J. common
Jl^iio
24,527,382 24,541,328
6,887,580
. 6,064,686 "
....
Income deductions
1946-^6 Mos.r-1945 '
$760,783;^ $1,593,132. ^2,757,134 v $3,380,303
1,037,753
1,693,939
2,891,337
3,38'6,260.
cos.
Gross ' income
;
income
1946—3 Mos.—1945
$276i970
Divs.
3,797,157
'Grogs
;.
7,133,867
stock divs—
—
Balance
—v.
A
"
-Period End. June 30—
3,947,896.
-
State and local taxes
Pennsylvania.Coal &.Coke Corp.—Earnings—•
Balance
9,186,670
6,122,056
1,834,931 •
8,768,909
taxes^.,.---^—^
income
8,495,346
income
P. S. Corp.
-5,505,396 *
Other; Federal 4;axes.xxii,.xiUl-i«_Tii^—r, 1,728,625.
Federal
40,225,976
taxes
of N. J. pfd.
>
$94,301,422
$96,818,707
—
income
Net
.
$96,465,212 $93,971,017
353,495
330,405
-—
Public Service Corp.
1945
'1946
101,881,761 100,487,753
X 48,818,169 46,642,438
{ 8,585,384
8,363,173
Operating-revenue and other utility income--^Operating expenses, incl. maintenance
Provision for depr6ciation_^X_^,w____^__,____i.^
369,000
No.-shares
i
.
■
:.;v. " >
..
excess
Other
'; $559,978,
.369,000369,000
'$1.57
•' ;$1.52
NOTE-^rProvision .for. Federar excess profits tax for six' months
period 1945 is after deducting $110,50Q for excess profits tax credit;
outstdg.—
Famed per share——
Pi
:
—
cos.)—.x—X—
taxes————
—
profits taxes—;——-X-——
—X—
X—Income deductions' (int. on bonds, etc.)Sub. cos.' dividends payable to public———.
Federal
CONSOLIDATED INCOME ACCOUNT
:
:
.
Merger—♦
.
Jersey (& Subs.)—Earns.
.
1946
1945
X--x__—_:
Federal
"'"X
;
...
x——x_,—X—:
Depreciation and retirement expenses
Output—
•%',
:V.',y
!
..
———————
-Maintenance
eiectric output for, the week ended Aug. '3, 1946, amounted to
.121,563,OOO kwh.i a. decrease of 4,843,000 kvyh./ or' 3.8% , from: the
*
-
Total revenues
Expenses
The
corresponding week of 1945.
;
-v
\
■
Operating revenues (sub. co.)
Other revenues (corp. and sub.
for
Philadelphia Electric Co.—Weekly
**".'■
•^Six Mos. End. June 30—
i
declared -a
have
,
,
Public Service Corp. of New
Prov. fon Federal excess
profits tax
of Charity, Pittsburgh, Pa.
Wayd &. Co. are 'offering; at
interest $425,000 first mortgage (l%-2.50%) -se¬
Pollak Manufacturing Co., Inc.—Proposed
Electric Corp, above.—V. 161, p. 1886.
,
dividend (No. 35). of 25; cent A pec
payable Sept. 27' to holders of record
Sept. 6.
paid on March 29 and June 29; Jast,
an4 on AprU 2, Aug, 14 arid Dec. l; 1945.-^V; 164, p, 73L -
$2,119,308
•i
23,867
$1;016,356
85,761
directcivi;
The'
share,
series due 1971, $16,*
See Noma
■"
Ffeiffer Brewing Co.—Declares 25-Cent Dividend—
yi
'bohdk*V/4%
due
,v.
f.\;
<
additional■■.;:tovehtories.-^V.':i§4i^br';426f'
>&£U
inc. and:;
for Fed.
Frov.
.
,
$523,498
Total
Depreciation
V-
•<
proceeds are to be added to the company's treasury and* to¬
gether with other cash funds already belonging to the company,; and
funds to be borrowed hy the. corporation, as authorized by the stock-'
holders on June 18. 1946. will be utilized in paying for improvements
and revisions in the company's buildings, machinery and fixtures, as
$514,546' $1,006,701
8,952
' 9,655
Misc..income (net)
$731,25i
1946
..
The
•
-
Balance
.
'* $622,378
$691,266
Aug. 1,1946; due Aug. 1, 1947-56, - Principal and semi-annual
interest (Aug. 1 and Feb. 1) payable at Peoples First National Bank &
Trust Co., Pittsburgh, - trustee;,
Bonds In. -lepujfon ;TpilmH-dbnPminatlon,
$1,000.
Any or all unmatured bonds may be called for payment at 100
rat any Interest ;dat«:vrt 30: daysv previous notice." ;v , "'x:: •
;
These, bonds WilL be the obligation of the Pittsburgh Hospital Sisters
of Charity, incorporated Jan. 15, 1898, as Charity Nospital of Pitts¬
burgh, Pa.
By order of Court July 11, .1908, the charter of said
corporation was amended by changing the name to Pittsburgh Hospital
Sisters of Charity.These bonds will be secured by a first mortgage
lien on properties of the corporation valued at over $2,500,000.
*?
»
The. proceeds pi this 'bppd slssiip-^vwili ipay : fori the completion of a
seven-story school of nursing and students home, costing approximately
$800,000,'' which will be completed and occupied during September,
1946, and for the Satisfaction of a mortgage of approximately $50,000
presently secured, by the described premises.
? ..-t
,
,
y
^cT1'.'
!X!tional shares were sold,
Owens-
$3,071,392 $3,885,857
' *- V:
J 1 ■' u j '
956,766:8T1;641. 4,963,149
1,766,549;
I
|
i ;
:
Dated
Stockholders of record June .28, 1946, were recently .given the
right to subscribe on or'before July; 23, 1946, for 12,000 additipnalshares of stock of this corporation (par $2Q) at $25 per share on- the
basis of one additional share for :each eight shares held. ; No frac-
$1,471,312' $il878,342
expenses
dividends..
rial real estate bonds.
"".;;::i943
f The
■ •,
"Penick & Ford, Ltd., Inc. (&
admin,
Cr23,674
Pittsburgh Hospital Sisters
*
Rights: to Stpck^ol^ei^r"
TetfiboneJ^uRfke^
felass-'Co.
Feriod End. June 30—^
profit and income"
552,525
TCrl0,435"
Crl0,888
.
1,113,976
543,*315
$2,500,000;
stock,
common
"
to be
devote-his time
Gross
551,054
subsequent to June 30, 1947, $1,400,000;
3.65%
cumulative preferred stock, $2,750,000; serial 'nates due 'prior .to June 30, .1947, $100,000; consumers'
deposits, $23,336; other current liabilities,
$56,271; accrued taxes,
$497,406; accrued interest, $2,593; other accrued liabilities, $32,585;
unamortized
premium on debt, $733,198; main extension deposits,
$392,496; reserve for retirement, $4,325,419; other reserves, $235,905;
capital surplus, $1,464,095; earned surplus, $2,475,327;
total, $33,363,629.—V. 163, p. 3290.
"
_
/' V:
notes
serial
375,000;
-25,767,381 .26,036,102
21,735,435
¥948,033; 13,405,495
mcoirfti—
^efidft.—V. fe4, & 731.,< -
,,
Kimble^
ojf thm bodrd -df , Kimblea director., succeeding C. B. Belknap, who asked
;Ty from .operation
Selling, advert., gen.
h<
LfABIl^^
-
$84,755;776' $86,948,906 $80,383,573'
3.445,665
railway
Net ry. bpqr.
- ' \
i
1945"";1944
765,132,496
Cfross Irbhi railway7-l^
NOTE—Certain reclassifications hatfeibeeh made .^bf^:thd figures for.
period ended June 30, 1945, to conform with the classK
4'
•"*563; 745
549,742
ASSETS—Utility plant, $29,407,212; Cash,. $1,680,240; U. S. Govern$1,320,690; accounts receivable, $168,188; materials and
$202,076; prepayments, $14,144;
unamortized
discount, expense and call premium on retired boftds,
$103,721; unamortized expense on outstanding funded debt, $148,289;
unamortized cost of past service benefits—employees' retirement income
plan, $190,334; undistributed debits, $4,724; total, $33,363,629.
———-——
Subs.)
' 1946—3 Mds.^-l945
*
~
\ n '
1,248,684
571,597
supplies, $124,011; other current assets,
100. and
;
the "12 months'
E.
;
—^Bonds Offeved—Noirnian
Pennsylvania RR.—Earnings—
-fications used for the
elected
*
ment securities,
Co., above..
Dividend—See National Power & Light
%mjune~v7'1946
,
relieved of all other executive* duties so 'tlia't- he can
exclusively to coordinating the various research projects of
Hiinois Glass Co. and its divisions and subsidiaries.—V. 163, p.
— >
;
.
has beep,
*
1,267,225
BALANCE SHEET, JUNE .30,
.
:*' ' -Col^'1EVscri
' ■
-
local taxes
and
Balance available for
10,364,225
>outstabding_^iV-.^i-_-?—2,661,204 ^^OA^From Jan.1^: r ;/'•
v
,
$3.09. - Gross from railway
377,229,861 494,597,157 50t,53M03. 468.321,215
JBarnings^p^r share__—r__'_—
' 73.90
Nfet • fr-om railway:__:__ -17,943,020 116,294,597 131,353,291 142,146,809
: *ihciuding depreciation bt rtiftnuTacturih'g 'plants ahd amortization of
Net ry. oper. income—
*7,710,129
66,021,175 52,672,184 .160,285,685
le^sed^quipment;4 i946» $3,163,0^8,? I?45, $3,48$,496f .:;;
.
Net profit
Number of .shares
^
.
x-v ■■■>v
Other deductions.
'
4,491,279:
10,326,700
• 25,621
ft 914- 924
/.
.
Interest charges
,
^Pennsylvania Power & Light €o.—-May Increase
,
1,663,137'
retirement trust
-
,
depreciation..--^
or
Federal
All
•—v. 164, p. 560.
and surtax-^Jw^—5,766; 100
Federal excess profits'568,900.;
State and foreign' income ■ taxes-J—. 30,547
•
Philadelphia Suburban Water Ca.—Earnings— ^
l2^MorithsEnde«I J(ine;3o--i ;i : ^ :
1946
* '^43:^•♦."?'"'vi'§44:
Gross revenues
w'x.——L.. $3,068,942- $2,975,425 $2,917;397
Operation, maintenance
and ~re-
24,720,963
Federal normal tax
:
314,023
261,04Q
mon
1——-J-—-—25,310,722
1,580,950
income
Total
Payments to service
;
24,036,001*
,
y, .163, p, 3290. ;
:• V: .-o,
'
r; CONfiFSrSED CONSOLIDATED: BALANCE SNEET. JUNS 30, 1946
ASSETS—Cash, $2,200,159; notes and accounts receivable: (less ' re¬
inventories, $1,771,204; U. S. Government securities,
on
deposit with State Workmen's Compensation Commissions, $35,000;cash on deposit with trustee, $5,500;-sundry investments and deferred
receivables (incl. claim for Federal tax refund $1,010,000), $1,011,128;
land, buildings,'machinery," equipment, etc.-(after reserves for depre¬
ciation and depletion of $17,761,009), $5,919,042; investment in foreign
subsidiary (50% owned) whose only asset "is land, less reserve, $81,000;
deferred charges to future operations, $255,793; total, $12,064,355.
LIABILITIES—Notes payable (banks), $1,000,000; accounts payable
(trade),
$353,835;
accrued liabilities—wages,
taxes, interest, etc.,'
$327,081; provision for Federal income tax and surtax, $20,373; first
mortgage bonds (sinking fund payment; due July 27, 1946); $400,000; \
first mortgage bonds 3V4c/c
series, due i953, $2,850,000; reserve for
self-insurance (Workemri's Compensation), $261,189; capital stock (par
$7), $3,677,814; capital surplus, Dec. 31, 1945, $3,169,658; -surplus paid '
in on exercise of capital stock warrants, $7,826; net Joss since -Jan. I,
1946, $3,421; total,; $12,064,355*.—V. 163, p. 2443.*
2,000
;
'
serves), $785,529;
2,000
.
105,625
:
1,500
>
;-^5625
?
$2,410,990
123i899." ■J 790,718 i
-53,400 / 1,297",500
$297,328
$214,803 ♦$1,034,250 :
••
——
l',500
432,535
2,872,128
-
.
1,875
.465,605
—i.—■
Interest
94,552
.
♦'$926,625
"
113,775
511:035
*
$2,374,428
.
1,875
21,413,034
127,418
—J—Ji..—a;——
;*r Gross profit
Other income—Dividends
1
$202,776
'project Is estimated at
the
-♦.Loss, ; tln Addition to the. above ^amounts charged, to operations,. the;
amounts were charged . to special reseryes; .1945, $383,744;*
1944, $408,343; -1943; $439,285. JProvision for Federal income tax and
-surtax .(subsidiary "cpipRapy)»- -V-- ,1
-,
..,«
j ?
-, 1
": i ; 1
2,000
54,977
and losses.
Sundry expenses
♦$943,497':
^
16,872
17,927,475'
5,587,407
497,225
following
operating revenues
173,998,321 167,570,562
♦Cost of sales and other operating expenses— 138,766,880 130,823,833
Selling, general and admin, expenses——599041:
642,500
Provision' for management bonusV 16783
44,839
Interest expense
4,572,872
481,810
'30,425 "
storage and dis¬
The total cost of
$5,000,000 and this company's participation
Will be approximately 85%.,'" Completion of" the line is scheduled for
1947.'
It Will enable the - company to" serve - mprq .economically 1 its
markets :in the Rocky Mountain area.* Aviation gasoline, w.ili, bje a
^substantial; portlbn ox the; company's: Shipments1 through the line.—
and Shamrock's refinery at McKee, Texas, to
tribution terminals at La Junta and Denver, Colo.
Texas,
$6,287,408 $10,812,938
$4,111,185
operate a 360-mile products pipe line of 6-inch
products from the company's refinery at Phillips,
and
build
diameter to transport
'
1943
••
.
and other
Net sales
:
1944
jointly
•Earns.
(& Subs.)
-
*»
'
14,876
$259,003
•
Net profit
2,000
Subs.)—-Earnings19$ 6:
Owens-Illinois Glass Co. (&
$244,127
i
i
3,000
Investment: eq,_.X—.
Hartley'Rogers &
A. M. Kidder & Co...——, g.000:-;
Hall, Tattersall & Co
.—If"."
Stirling, Morris & Bousman
} 2,uuu
Estes, Snyder & Co., Inc.——
—
Irving J. Rice & Co,—u—
' j-^0 .
Enyart, Van Camp & Co;, lnc
——1.000
Link, Gorman & Co., Inc.——!—i.uott
V, 164. P. 12.
\
r
>*.
•*»
•Profit'.
3,000
3,000
Marshall & CO,————f—.—,
Maxwell,
■.
y -.Total income
Interest on funded debt
3,000:
State
'
v\ '. Operating profit ».-uVVj-
2700
3,000
3,000
—
lister «S?
.
gales'
deBle"°n- _JS!Z!
.3,750
4,000,
d nnfi
—.
Fusz-Schmelze 6c,
,
; Net
10>000,.v,':.;.v-' 3;ooOi'--..Other income
& Gardner—;—1
3946
" i$2^64,650
, 12 Mos. End. June 30—
•
frtremd 'Common31,000
3l;900.
Blosser
&
Straus
lnc
Waddell & CO.,
Herrick,
lcllows:
H
^ ^
•Reinholdt
Pennsylvania-Dixie Cement Corji.
••^1945
mort¬
.bank. balances ^
stock, $189,000; (2) }To . retire coiup^nys
payable, $299,500; (3) To maintain, larger
carry increased ipventoryj S,566,500.. i
, r
1
preferred
Cumulative
^Mond^y, Awgust 12, 194?
.J.rS
FINANCIAL CHRONICLE
THE) COMMERCIAL &
832
'
"♦Includes—
Depreciation
Deprec. adjusts.
X
4,044
502,652
446,482
-2,705,024
174,238
1,212,756
127,966
-
-
-
tlncludes—
Gross
earnings..-^—
Operating expenses and
■
•<:«.' ■-***'
Payroll taxes
U. S. Govt. inc. & exc.
profits taxes
-
*
$Def iclt.—V.' 164; p.
2,142.971
.
'
"
.
4,388,935
12,219
3,311,927
4,070
i?8
;>
875,109
-
tf65$;204:
4,999,337
;427.
•
°
,
^Queens Botougli Ga$ ^
.
—.
10,929
Provision for Income
taxes
(estimated)
XNet-inc. for the. period before
'
—
adjust, below—
:A statement .accompanying
following:
•
r
•
income
transferred
to
surplus
''
•Deficit.
has been
$147,367
-;r'■■"yli
•'•
NOTE—Provision
-
'$81,748
made
for Federal income
tax but none
required for Federal excess profits tax. For the twelve month period
ending June 30, 1945, a reduction of the indicated tax-., liability wilj
occur In .the event that the.Company's position in.respect to
certain
Is
tax
deductions
f>. 2445.,
is
y:V,
y
approved
,
_
.'r
by
,
Treasury
the
;r
;
Department.—V,. 163,
;.
affords:
'the
-
.
of
gasoline,
Operating
Operating
revenues
expenses
Maintenance
sales volume of motor fuel, exclusive of aviation
above that of the same period a year ago and
30.0% greater than for the first half of 1941, the last prewar year;
The company's present h£t crude oil production is approximately 100,000
barrels per day, substantially the same as at the peak of wartime
demand.
It now appears that net crude, oil production for the entire
year will exceed that, of the previous irecord year 1945, a performance
which only a few months ago would have been regarded as wholly
improbable in view of the general expectation of a Reduction in demand
during the reconversion period.
;
,
.
',
"
Fhillips. Petroleum Co. and the Shamrock Oil and Gas Corp. will'
half
V
Net
report
Depreciation
::
Dr27,130
—
the
Sales' 0f company products are continuing at the full capacity of thq
company's manufacturing and transportation facilities.
For the'first
$174,497
♦$101,864
Cr20,116
Depreciation charges of prior yearsDepletion charges of prior years..
10,281
-75,000
/
♦Taxes
—a-*
1,835,714 X 1,532,458
254,838
201,143
216,503 ?'
216,503
—
—.——-—
459,350
—•
.
.
Gross
Incqme
Net
income
.
deductions.,,—
: $465,501
$566,305
44,805
$1,265,131
812,334
.
v
.
424,401
-
384,524
$226,586
;
,
$452,797 -
433,284
1,060,647
$1,255,301
96,186
for income tax.-^V. ^163, p.;
(Continued on page* 869)
'•Including provision
$6,239,311
3,065,672
.
$1,168,945
$611,110
-
354,194
$111,307
income
501,559
:
.
$419,388 •
46,113 ;•
-Operating income
Other income (net)——
:>
$6,635,363
3,557,782
505,074
X; 433,005
,
970,557
$3,017,968
$3,185,793
this "year,
was, 29.6%
Electric Co.—Earr(ings—• ;
1946—12 Mos.—1945
1946—6 Mos.—1945.
Period End. June 30~*
*
Charges to income
.
113,255
$1,368,562
<
..
808,139
$560,424
2732.
.
Volume 164
Number 451S
THE COMMERCIAL & FINANCIAL CHRONICLE
Stock Record
New York Stock
«x>
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
EOS EVERY LISTED ISSUE
LOW AND
:
Saturday
Aug. ,3
Monday
.Aug*. 5
I per share
,4 per share
'68%
S per share
67%
»107%
108%
%
%
*107% 108%
145
*129
145
*130
\
.
14%
14%
*47
66%
■■
•
13%
14%
20%
47%
21
:
20%
20%, :
60 %
59
60
31%
31%
31%
32
14%'
14 «/4
13%
14%
51%
57%
51%
^52%:
*127
f
130
*40 y4
41%-v-
5%
6
56%
57
h
5%
55%
55
194
X59%
?
32%
13%
51%
52%
40 %
67%
*67%
55%
>110% 113
25
>.194
192 A
193
194
26%
26%
26%
36'A
36%
36%
51%
51%
50%
51 %
;•
*107
—
7%
41'A
5%
5%
56%
56%
56%
*67 %
68
56%
57
195 V4
56%
56%
*110%
;
113
25
196
25%
196
196
26%
26%
26%
26%
27
36%
.36%
35%
36
50%
>
51
109%
51%
35% A 35%
51%
51%
107
47% fc 48%
33%
34%
47%
48'A
34
34
*107
109
46%
47%
33%
130
7%
41%
56%
195,
-
52%
•127
,
5%
*110% 113
*110%113
25
23^v.v v. 25
25
;?
25
51%
3;
7%
41
68'A
V
'
14
56%
55% 1.56%
56%
60
32 V2
13%
42%i;
130
; 41
20%
32%
5%
>•
33%
'
30
.
.49%
.
20%
*587/a
321%
14
7%
"
145
49
21%
60
13'/#
51%
5%
11.800
194,100
.
108%
*132
48
,
*127
40%
5%
47%
20%
32%
•
*127 H 130 T
6%
71/4
55%
26 y4
109
i
v
361/4
*107
47%
60
13%
•'..•
14
21%
67%
110% 110% \
25%; 25%
14
47%
54%
>
♦107%
'
Shares
67%
108 %
*130% 145
31%
66%
%
20%
'
V
%
•
the Week
$ per share
67%
~
%
*107%
13%
*58%
6
.
56%
;
68%
*67%
47%
*127"', 130
6%
7 >■?'.'
*39%
40%
7%l.v^
7%
66%
•»
..
145
13%
60
*47
67%
.
Sales for
Friday
Aug, 9
t per share
<67%
H
18
Thursday
Aug. 8
,
>
108»/4
107%
*131%
CLOSED
PRICES
Wednesday
Aug, 7 '
t per share
V-
69%
1
STOCK
EXCHANGE
HIGH SALE
Tuesday
Aug. 0
1
51%
107
27%
*106
107 A
47%
47%
*34
34 ya
'
9%
9%
10
J-
*53
81%
65
*80%
81%
81%
48 >/4
*9%
65
*56
81
81
19%.
10
10
61%
*57
83%
48
48%
481/4
15%
46%
15%
15%
15%
15%
15%
15%
401/4
40
40 Va
401/a
401/2
40%
87%
85
*85
<
*20%
21 y8
56
20%
135
56
*133
10% All
20%
*133
10%
86 V-
*85
20%
*551/4
> 135
10%
Vi
*85
20%
55%
56'/4
*133
t
85
'
56%
11
11
100%
102
100
100'/4
207%
207%
207%
207'%
*206
207%
70'A
701/4
69%
69%
V 70
701/4
1261/2
*124
•124
126 Va
31%
♦116
31%
31 i
118
145
28
*123
%
29
68% : 69%
•8%.§ 8%
116%
27
♦26%
27
•106% 107
116%
144
27%
*26%
27
*106%
•'»>
68
101%
27%
31
117
*116
145
28
69%
tV 69%
8%
8%
*19%
*21%
8%
21%
21%
26%
27y4
27 y4
*27
2iy»
267/a
28
8%
9%
8%
35
47%
10
56
98%
9%
-
34%
46%
9%
•••
iy4
%
13%
112
56
99'/4
99 y8
l,7ff
13%
*13%
1141%
*14
27%
27
27
9
A
21
V
28%
8%
*121%
46%
46%
9%
-
1%
*
14
14%
14
•13%
14
13%
13%
34%
34%
34%
35%
114%
114%
•114%
114%
H47/a
114 7/a
14%
*14
if?
13%
112%
46%
35%
115
47%
9%
9%
101 y4
57
103%
lt9e
110
l7/a
13%
110
141/4
13%
35%
115
V
*110%
13%
114%
14%
8%
123
35%
♦54%
14
*110
9
35%
9%
57
100y4 101
1% ' 1%
14
19%
28 »A
9
36 / '
*56
100
8%
19%
28
122
112%
9%
35%
*14%
27
*106% 108
*110%
*13%
34%
14%
146 Va
8%
114%
*110
31 y#
117V2
70 V4
36
46%
71
126
.
*115%
27Va
122
'
56
1%
13i/a
♦110
9
35
112
207
70%
*124%
*144
107
27%
122%
9%
56
98
115
14%
8%
122%
v
34 y4
*54
101%
1A
13%
•110
34
*1101/4 112%
*46%
471%
47%
ioy8
56
122%
V
112%
*110
91/a
*120%
122
8
*100
31 y8
28
106%
21%
11%
101%
145
27y8
68
10%
117%
1067/a
26%
34%
126
26%
/
56%
135
206
70%
'
31%
27%
V
20%
56%
207
70%
*124%
•21 y8
1217/a
101%
*206
31%
20%
*133
11%
*106%
-
106%
67%
Mv8%-
135
145
31%
144
144
100%
126
31%
*114%
145
100 %
16
.
56 Va
*133
47%
*40%
41 y4
.:,'85.
..85
20%
20%
56
135
10%
86
83
47%
15%
41 Va
48
48
66
82%
161/a
40 y4
471/4
10%
*56
81%
14%
*13'/a 14
35%
115
35%
115
LOW AND HIGH SALE PRICES
Saturday
Aug. 8
Monday
"
Xjg Aug. 5
f per share
$ per share
35%
♦104
301/4
106
*21
Tuesday
Wednesday
Aug.'6
>Aug..?'I per share
tper share
35%
♦105
,
35%
35
;ioey4
*105
20%
20%
20%
37%
36»A
36%
37
37
15878
*156
158%
*16
18%
126
16%
39
125
107%
57%
.
63%
184
38%
57%
28
57%
.
26%
43%
16 %
16ya
1,500
.49%
4,100
American News
19%
19%
19,700
132%
133
131%
131%
123
122%
123%
121
19%
18%
*179%
180
41
40
40%
107%
106%
56
'
57
64
Aug
8
80%
8
54%
Jan
18%
18,500
Jan
*179% 180
39%
40%
107
107%
57
56%
11%
10
64
44%
♦165
64%
185
American
4%%
900
Rolling Mill
preferred
Seating Co
No
6%
non-cum
38%
36%.
36 %
36%
American Stores
35%
35%
American
50
American Sugar Refining
Preferred
*49%
60
198%
92%
Q4
*59%
198%
93%
62%
63
119
23
23%
93%
94%
170%
*117%
95%
95%
170 %
23%
105%
*105%
60%
61 >
62%
170%
171%
11
46%
•
176
11%
82%
47%
50
54%
113%
60%
60%
22
22%
17%
17%
8%
V 15%
50
*112
60
V
22%
*17%
;
18
8%
8%
36%
363/4
15%
15%
134%
163
see
page 843,
15%
"
1741/4
preferred
14
$6 1st preferred
Woolen
Preferred
July 26
Jan
Jan
1
58 % Feb
6
158
Apr 10
67% Apr 18
200 V* Jun
3
8
8
80% Feb
26
80% Feb
158% Jan
26
99% May 21
100V* May 17
174
2
61% Feb 26
117% July 22
July 23
104
100
50% Feb
6
Apr 25
vi 50% Feb
4
43
May 10
38% July 11
July 30
47% Jan
Apr 20
172
8
V 21
No par
191
185% Feb 26
par
No
73% Jan 29
4
14
39% Mar 13
27% Jan
a
28% Jan
2
No par
Elec
American
(
100
.
Wks &
Aug
Feb
Apr
July
9
78
,
May 28
121
Jun 24
5
28% Jun
Feb
27
110% Feb
9
29% Jan
3
70% Jun
3
182% Jun
5
5
128
Jan
9% Jan
3
15% Jan 29
Jan
9
90
43% Jan
4
51% Feb
79
493/4
*54%
49%
55
*112
113%
60%
60
V
21%
22%
"*17%
*7%
37
17%
.
v
83/a
37
15%
♦133
16'%
.,-i34%
164%
•lol
164%
■-
—.25
Anaconda Copper Mining
Anaconda Wire & Cable
48
133
133
*161
453/4
60
22%
5%
Am Water
Jan
4
85 prior conv preferred
54%
113%
'
100
Amer Zinc Lead & Smelt
;
8%
163
For footnotes
46%
36%
36
134
11%
82%
49%
54%
54%
*112%
V
173%
177%
62%
25
preferred
American Viscose Corp
t
I05ya
61%
64-
23%
105%
45%
;
65%
23%
106
10%
•76
50
65 y4
117% 117%
23%
Jan
17%
147
23
Common class B
6%
Jan
18%
100
100
Jan
Jan
32
49
No par
Amer Telep & Teleg Co
American Tobacco
67% May 14
5
15%
75
6
100
Am Sumatra Tobacco
95%
169%
♦105%
*78
931/4
61
108%
93%
169% 169%
62%
66
117% 117%
QS
169%
198%
198% 199
94
154%
Co
9
5
43
'
Stove
40% July
108% July 12
176
33% Feb
160
par
No par
No par
14
52
177
100
No
Feb
Jan
39% Mar
60% Mar
—25
;
preferred
Amer Steel Foundries.
16
2% Jan
23% July 24
par
No par
38%
*151
35% Jan
Feb
186
26
100
American Snuff*..
23
3
95 % Feb
No par
Preferred
42%
27% Jan
18.50
Amer Ship Buildihg Co
Amer Smelting & Refg
44%
167%
17% Jan
3
179
Jun 10
10
American Safety Razor
American
3
100
conv
400
310
par
100
280
3,900
10% Jan
No par
Preferred
540
.v.
No
Am Rad & Stand San'y
29,500
>
preferred
*35%
*59
Deo
39% Nov
142% May
1231/2 Aug
184%
49%
Nov
19%
Jan
133
28%
153%
Jun 21
24%
41
130% Jan
2
r
42%
♦150
15% July 23
41
Co-~u...^.^No par
&
42%
49%
July 15
17% July 1
60
Apr. 10
22% Jun
6
3
49
44%
43% Jun ' 3
163
88% Jan
*27%
64%
4
24
$5
*47%
185
—1
Jan
4,200
27%
64%
Power
33% Mar
140
Mar
11% Mar
122 %
48%
184%
Amer
preferred^...——.—..100
21
97% Jan
27 %
'
8%
3
4,200
47
26%
49
;
25 y4 Jun
Year 1945
Lowest
Highest;
I per share
t per share
Light com
No-par
$6 preferred——.—..No par
18%
19
106% 107
57%
57%
par
4sy4 Mar 21
106% Jun 24
104% July 16
17
Feb 25
American Molasses Co
48%
19%
par
No
Amer Metals Co Ltd
190
32% July 24
100
No
Metais
16%
49%
1,000
158%
15%
168
41%
&
157
48
26%
Amer Mach
158%
"38
19%
132%
185%
•165
800
preferred—1
cum
158%
v
16
18%
18%
179% 179%
•
3.90%
50
*37
119
57%
Amer Mach & Fdy Co——No pat
v".
37%
49%
38%
Par
2.400
20%
128;
39
27
20%
Range for Previous
Range Since January 1
Lowest
Highest
t per share
$ per share
EXCHANGE
Shares
35%
16
107
,
20%
STOCKS
NEW YORK STOCK
Sales for
ths Week
106
*105
18%
180
107
35%
36
105
48%
127
•179
Friday
Aug. 9
I per share
37%
158%, 158%
116% 117%
18%
18%
39%
107
:
45% '48%
18
18%
19%
126%
116% 116%
18% V18%
•179% 180
*27%
49
35%
104%
20%
20%
48%
46
V
35%
106
21%
*36%
•156
Thursday
Aug. 8
tper share
'"■
50
No par
Anchor Hock Glass Corp
$4 preferred
12.50
40
Feb
28
62% May 28
No par
112
Feb
28
*114% Mar 21
43% Jan
7
x64% July 11
20% July 24
40% Jan
164% Jan
41% Apr
153
Feb
Andes
Copper
Oil Corp
Mining....
A P W Paper Co Ihc
Archer-Daniela-Midland
Ardour & Co of Illinois
•
$6 conv prior preferred
7%
preferred
—
21%
..10
20
4
29
Dec
22%
Jan
31
Dec
41
Aug
60
Dec
128%
Jan
151
Dec
29%
157
Jan
53% Nov
Jan
196% Nov
65
Jan
Jan
91% Oct
Jan
161% Dec
43% Mar
116%
Sep
8%
Jan
99% Jan
9
Jan
100% Mar
5% Mar
6
29% Jan
139
July 18
102% Mar
172
Jun
3
No par
122% Jan 10
4
—100
132
Jan
3
July
38% July
12% Aug
4% Jan
;! 40 % Jun
12% Jan
38% Jan.
24% Jan
109
8
5
3
18 % May 28
16% July 31
7% Jan
8
26 % Mar 22
10% Feb
25
Dec
65%
60% Jan
24% Feb
5
No par
90
Dec
145%
8
60% Jan 14
Aug
43%
27% May 27
Anderson, Clkyton & Co
Anderson-Prichard
45% Mar
May
50% Nov
164
27% Jan
17% Jan
23%
Sep
6%
Jan
111
Mar
69%
Deo
121% Mar
26%
112
31*%
140
Dec
Nov
Deo
Dec
11%
Dec
83
Jun
THE* COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
Monday; August 12,
RECORD
11
Monday,-
■
/ Saturday
I per
I per share
l'r
CLOSED
•
112%
,120
120'A
;
119%
72
120
23 Vv
73'
*41
-
♦41
44
*81%
•
87
85
/
28%
28 '/a
75
78%
27'A
32%
30%
19
30%-
29%
23%
24
35
•
.
23
:
£'.8
¥
Lilies'
1
preferred--.-^.
100
Refining
333A Feb
conv
Nq par
preferred--—,-^.-.»_100
3,400
207a
31
31 %.
1,200
Autocar Co.
30y«.
•
,
30'/2
31 »/4
3,600
10%?
10
10%
21,500
.
69 %; ,60
.:.
.
'.5974 >6iy2
.
:
$2.25
1,70C
30
29%
25 J/4-
24'A
24%
13,900
34%
34%
34%
♦23
2,000
83
♦22%
23'A
700
♦83
84
22Vr
22'/a
23-
82%
23
22'/a
24
;*82
83
83%
'
;
1
.
58%
59%
59%
36'A
35'A
36'A
29%
28 V
28 J/4
59'A
60
*54'/e
v
61'A
60%'
61%
36%
36%
.
♦54J/4
preferred—1
conv
Ohio
;
27'A
277/8
27%
»A
*57'A
59y8
*57y2
6i y^
60'A
607/e
60%
28%
27 y8
56: '
55
59
♦60'/a
.27%
27%
/
■
2,600
5%
Bath
OH
Iron
——
23
*
'•25%
•;
•'29%
*2iy2;
25%
26
Works
*27'A
30
-
30
30?
30%-
46
30'A
-
30'/4'i
114
39%,
381/2
30 Ve-
30%
30 y4
30%
•111 J/4
113%
-167
167
30%'
110 »/2
:
•':
167
*166'A
'
llO y2
112%.
107:
1;
113%
167
1,200
Bell; &
45%
3,400
Bendix
30'A
30%
2,800
27%
¥200
*166'A
16T
167
7,400
Bethlehem
No
July 23
.83 'A Feb
167-
lOVi
27%
Dec
207a
Jan
Dec
Jan
131
Nov
14% Jan
29
Dec
10%
Dec
63
Deo
77
2
July 24,'
29
38.7a Jan
f
26.,
,
393/4 Feo
631/a Jun
1061/2 Jan
10
—
Dec
54
Dec
16%
Jan
25
Feb
247a
Dec
<33%
Jan
47
Nov
t36
Jan
55%
Dec
xl06
Dec
141/2 Aug
17
73
Dec
Dec
>
52%
;
18
4
4
—
Jun
81
52%
Mar
-i.
May 23
4
23
127a Jan
66
291/4 Aug
57/' May 16
40% Jan
Dec
Jun
447» Nov
Jan
r
17
31;
35%
287a
19%
,
May 24
88 J/a Jun
Dec
247i Aug
11% Jan
28
30
3
587/«
16
47'/4'Jan
5% Jan
30
30 J/4 Jan
'
251
Jan
par
•116
Feb
lift
21
147s Jan
3
39
Jun
Jan
5
July
307a Apr
1Q>
127
May 23
1183/4 July 18
110# Mar 8
7/
Aug
10#
preferred!— .100'
7
i-
—
Jan
15
Dec
Aug
42
Dec
; Jan
35
25
—
17%
136
97a
25
Jan
«...
——
Jun
43'
142
110
A-m
114
t
Apr
Dec
19% Mar 14
283/4 May 13
12 Va
Jan-
24%
Dec
23?
-No par
July 18
357a Jan
28
127a May
29%
Nov
Marl#:
37
Apr
17
18
35
Dec
112
Jan
8
1037a Sep
58
Jan
17
473A Jan
63
Nov
197a Jan»
30*
Dec
22% AUgt
17
Aug
35%
Dec
65
987a
"26
Co,_.
107
May
8
447a July 25.
Nr,
Loan"
: 28
tint
22-
(Del)
2
prteferred._i—
J—100
52yaMay 10
317» July 11
2
Feb
26
«3%-Jan
-No par
36% May 14
112% Aug
6
7
jan
1113/4 Aug
3
1
Foods* l
7%
400
10
2.
Corp:
8teel
lo
165 Jun
Dec
Dec
9
311/4 Jan
5,000
25% Jua
Deo
94'A
130
Jan
181/2 Jan
9
Aug
16
205/a Jan
pfd $3.25 ser of 1946_JVo par
Best
*•
113
f'
9-
Best &.
:
307#
111%' 113;
1
113#
Cum
t
3,400
30>
18
-J'*n
Jan
f
preferred
?-
39'A
39'A
par
RR
rnrt»i«!
973A Jan
62;'/4 July 30
41% Jnrf 12
Aviation.—
>
Dec
Nov
277/»
14% Jam
80 a Jan
34%iApr 11
53
Packing Co.
Howell
4V»%
112
*111%. 112Vi'
i.
Beldmg-Hemlnway
Belb Aircraft Corp__
1,100
2,000
45%-
27%,
39%.
113
Creek
Bfeech-Nut
25%
*110%
'i
30
;
Beecn
22
25%
113
*111%
39>
39
39
45%.
.
30 1
♦112%
112%, 112%
"•
41
'
25%,
Aircraft
N0V»
427/a
120
Apr
May 13
J*»5
37
Nov
"
—No
pfdi
4%&
Shoe
110
56% Jan
cum
conv
¥833/4
July
217® Jan
1
—9
Co
preferred—
Beech
138>
*21%
28%*119# 112-
:
45#
22
25%
27'A
5
28
45'A
•13ff
22
Foods
Sep
30 V*
110
3
323/4 Apr 20
—10 ►
1
Corp
Inci.
Cigars
3%%
Beck
60
42
¥*41f¥
■
:
500
22
*21%
42
138
'
nioya" 112
45%.
29%
*135-
*166
117%
no5y8 106J/a
22'A
•41-...
:
22
♦110«/a- 112
457*.
"
21%i
22
138'A
Bayuk
Beatrice
84.25
no6"
117''
*105 ya- 106%
f-
43
♦133;
27 V*
27 V*
ii3
39
•
*41
.
25%
25'%:'
27J/a
*110% 112
¥'45% ¥ 45%
:'
221/2
*22
26
27%
43 M
138'/#
133;
22%
21%'
22%-
% *41'/a
43
138%
21%
1
*21%.
S
23
•♦•41%
*133"
106
105'A
107
*106
107
•107
600
*104 hi
•116.
116
116-
116%. 116%4
1
116%
116 y8
*104 Ji
no4i3!
*104 J?-
*10411
61
711/4
May 24
May 28
14% Feb
75
-50
i
Co
45
31'A Aug
363/4 Apr
—
Feb
37% Jan
203/fl Feb
,i
33 »/4
6
-100;
preferred;
4%%, preferred-;
Barnsdalh
700
-
59
61
94
130 J/a Jun
28 J/2 July 24
21% Apr 25
3274 July 24
t
831/4 Dec
3.
—50
-
247a
Jan
9
493A May
51'A
Deo
13'A-Mar
48 Va
.
233A July 23
-100
.100
:
:
,
Aroostook
&
Conv
•110
*57
59-
60%-
Deo
101
20
Jun
5
'
:
120
Feb 13
2.1'/8 Aug
26 y2 Jan
28 ¥ Aug
56
,
,
prfif<»rrod
Bangor
3,900
27%
-29%
Jan
Jun-25
26
9'
No par
Barber Asphalt Corpw-«-w.
Barker Brothers
600
29 %;
55'A-
29%
1
4%>
4;800
NoV
141/2 Mar 13
.
gc
Baltimore &
60
•36%
55J/4
297/8
29%:
59%
60-
29%:
.,
29 'A
55'A-
*54%,
29 y2
83%
♦36.
60
36'A
55
*54 y4
-23
60-
60
36%
59%
*36'A
1
83
0 *82
113%
763/a
297a May 28
6
108
($1.20)____No par
Baldwim Lcfodmotlve Works-,,
5,800
29%
35 'A
prior pfd
■
•
Deo,
Jan
May 31
83
July 29
A"g
6;
25%; Jan 12-
Automatic Canteen Co ;of Amer_„5
gynrinp": riorp ?»r. p»»«
'The,
Conv
900
•
527s
66-
Coip__r.._«,_»r.„_No put
AustinNichnl#.v■...-1:: .....tin <
A5? prior?; A-*.:.#*—paf
21'/a
,
1393/4 NOV
.
119"
AUm Taca:
20%
Aug
24'A Feb
4%
21%
?
140
Jan
125
-
14
3 06 J/#
Nov
Jan
Mar
26
115'A Jan
Deo
45
813/4 July 24'
25s
1974
111
121
July 23
pref series A
100?
preferred series B___»_100
conv
Jan
113
May 21
May 29
57'A. Aug. 8
65J/2 Mar 15
37 * Jan
3
Atlas-:
850
24%
35
I
W
non-cum
4%
22
Deo
10
148 '
26
115% Feb 21
X297a
153:
.
Par
Nov
Jan
14
233A July 23'
131% Jan: 2[
133
Jan
3"
5974 Nov
108
11V2
9
32% Jun
.It
100"
21%..
31%
29%.
24%
34
&
Atlas Powder
130
37' i
35'/2
G
3.60%
880
;,39¥y Apr
$ per share
42 y* July
106%, NOV
36% May 28
„iuu?:!
nfiw
preferred—/
Coast Line RR__,___Wo
Atlantic
;y
9,900:
.
35.
¥29%
237#,
34%
23'/a
34,
.
.
29%
29%
29 y».
29%
10'
60%
60^:
307®
Dry Goods
preferred;
2
Jan
Feb
Ati
150-
-
2«%
.
:10%
9%
¥
307a
70
763/4
♦120?¥i 123 i:
18
par
Highest
.-.
Wper* share
65
May 31
112% Feb 13
;
2
6;
96
40
-
31
31
29
59
107 '/2
771/4.
123
21%
22
28'A
10
59
*135
150
*21 y8.
*1063/4
*33%. 35%
19%:, 20%:
.
19%
*135
.
1221/a
■
Year 1945
Lowest
t per share1
Feb 27.
5%
*121
26
23'/a Mar
48
Atlantic
2,400
46
45%
51'A Feb
107'A Jan
A T P In<L--„...—
80
31%,
*120.
,
35%
31
9%
.
61
-
120'Av
34%
28%
28
10%
10
75
.
21%:
*30'A
30'/a !
29%
.
150
21'A
29y*
30%
77yei
18'/k
18
21'/a
.
30%
77
33
*135
150
21 y8
119
32%;
,-;A
19%
18%
•135
29'A
120
¥
'
107%
107%
77%
119
121
800
121
.
107 y4:, 107'A
28%
'
77'A
:•
.121
122 ,u,:
,:• 122
106'/a1 106'/a
107%
,
123 r>.
46 J/k
2d
shared
par
87
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87
45%:
par
ja/y,
Assoc Investment COi^—..
,
1,400
100'
423/4
423/4
f per
Atch Topeta & Santa Pe«..i.»»100
5% preferred
.—100
-1,600
72 " '
1st
7%
2,700
23 '/a
"
72v:
" ' 431/2
;
v
120
23%
6%
#
;ioo
.
1143/a
120
23%
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46'A
45%,
48
46'A
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♦106 y2
120%;'
120%
72
-
Corp
Associated
70
240
58
113%
114'A
23'A
,
♦31 y2
5,600
147
No
........
Conscrbie'
Artloom
1,200
~
*81%
122
114
72'
.
43
v
48%
121
Arnoia
100
140
*551/2^
Range for Previous
RangeSihce January 1
Lowest
:
'Highest1
Par
Armstrong Cork?- Co
83.75 preferred
100
29%
29%
*145%
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»** II
I
STOCK
EXCHANGE
2,100
22
22
57%"
.
23%
23
•
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:122
<
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28« '
2ff
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112%/;
120
119%
23
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■
43
48%
:j
YORK
<*8hare&>
57%, 57%
,
29%'
147-'
147;'
;
140'
110%
111%
111
23 V* ? 23%
'i 72%
♦59
138 %
139
57%;
72
,
29'A
'
112
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1087/»
29 %
147% 148%
%
148%
¥138
139%
57 Vi;-
♦81%
22
29
29'/a
28%
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r.'
21'A
57'A:
the Week
i^efi shares
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*21'A
22
28%
Aug: 9»
NEW
Sales for
'
—
138%
22
57'A
108 7/«
110
♦27%
28%:;
21%
57%
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110'
>27%:
29 Va
29%
148%
•i
:
22
22
-y'l
•
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29
■
J
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9 per share «
57'A
57%
110
♦27 ya
EXCHANGE
i
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57»/a
♦107%
STOCK
,
share y,
57
'
]
J,'"".
AugiS?
Aug. 3
Friday
Thursday
Atag; 8V '•>"*!
1
¥/;¥..
stocks
HIGH SALE PRICES
Wednesday
Tuesday?
Aug; 7
;"f v i
:Aug>flAND
LOW
1143/4 July 31
168
Mar 22
1497#Jap. R
>
Aug
,
109%
283/4
Jan
127
155
Jan
?
Dec
Dec
Dec
Nov
*
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T 42
72
70>
70?'
-
72%;
42 '
f"'
42'
42:
427k
26%.
427a-
42 y#
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26%
313/2-
32'A-
3,100
4,100
26'/#
25'A"
26%
26%.
31%
31
25% 1
30%;.
30%:
31
31%
31%^ 32#
53%
53%
;
> *54%
55%
52 Vz-
54
/
38%
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37%*'
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39
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mi
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»
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58
2ft
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'
65
64%
65 J/2-
;
<
59
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95
17%
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/
29%
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100
.
68%
.
52%
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:
52-
.
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?'
60
7'/a
53
523A'
53
♦1067a
4
'7*7#
"
59
17%;
45V "
,
24%
.33% Jun
July 24?
58
Jun
41% Jan
6
3
66% Mav 10
2
114% May 22
*58'
166
Class- B————j—--No par :
-—£
112
7
363/4 Jan
3%%''
preferred
—*—100
RR (assented) .100
cum
:
..
54%"'
*112 J/8
113
*112.y». 113
*
108%
♦108 y*
33
33#
108 %» 108%t
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26
64"
Mar 18'
fc 18 m
34%:
34%,
21%
21%,
33 '/a:
126
126
17%»
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125
'18
126
17%i
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18# ¥
181
96 %s
96 '/i1
97
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97
.
35%^:
35 W
35
;
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107'A
107#
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3.000
217#
2.100
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41%;
47%
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25 ye 108'/« 108% ,<■
111% •'
101%
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47%
25%*
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26-
.
347a Jan, 9
1774 Mar
37'/a
91
47
700
500
300
Buff Niag El Corp" $3.G0 pfd
300
18'At
$
18'A;
8.300
-
lorn?. 107
34 'AV
I
•95
34%
:'
6%:;
6%
27'A'
27%
;
♦109 W 110%
.
•* ;
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i
35
m
'
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33 %i
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70>
537a Jan
26.
v
:
109%. 109'/a
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-
243/e
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210
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30
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V;
63/4l
97/
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2.500
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33 «A
109-
:
67/#:
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-
♦263A1
;i 109-
3ftV
2.100
.
27'A
60
21
Tuesday
''
• per share
I per share
I per share
4174-
41%
547a
543/a
1
43/4
47/a
87a
8%
8'/2
'
343/a
345/a
33'/2
STOCK
■/,;
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•
CLOSED
:
vV'.- ":
_
fper share
41
!
-
IV':1''.,
17%
\
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:•.
V
54
41%
41%r :
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•
;
4»/a"
17 J/a
177/a
139
136
v'
43/4V
x
83/4
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41%:,
417a.
42-
54>
?:>
173/4, ¥
138
33
>Aug. 9
/■•
•
4J/a
17%'
54t
'
43/4- :
8%
120 '
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Jan
233/4 jan
40
1274 Mar
120
Jim
128
Feb
2
33%
337a
17 SA
137
'
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the Week
■
99
95%. Jun 27
30% Jan
Jun
1.600
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.
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120
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7.000
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900
17'A,
'
17%
5.900
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Feb 26
38'
Feb
56 J/4
173/4
177/a
67 1/2
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:
-
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:
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17
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18
57%
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57
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;
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133%
*55
For
footnotes
257a
26J/4
251%
53
{V.;
533/4
*53%.
see
17%-
173/a-
-
135%: 135%
55-::-
page 843.
133%
V*
54%-
18 -'
>*17%... 18;
56
56%
133%; 133%
*133
134'A
253/a/
*54:
58%
*55% ;.: 58;
26
26'/#
55
*54 y8.
26'At
55
*55
110'
Jun 28?
10,7
;6 ?
22'A. Jan
y
;
177#
68
v
•
20
22.1¥0
■■
Jan
$
-
9<»i/« Jan
39% Dee
427s Dec
105 /
18-
*55'Ai
57
C.
26
40
Range Since
"■
13%' Jan /
&
$4.25
preferred
——
87>
v
Jan
2/
473/4 Apr
7'
58
1*
9
'3 yaJan
,
124
133
133'A
*55 A-
26>
*54V2
;
•
120
26 'A*
55
$3 preferred A—!
—
'Carolina Clinch &' Ohio Ry;
,
Carpenter
57-
2*100
300
—
clasa
8teel
Carrier' Corp
,
Preferred' A %
Co.
-—-f
u—
25
par
A—1
10
100:
5-*
——10
series—Ju—,—50«
52?
Mar
May 24
Aug;
Apr
Feb
28
18
Jan
55
Jun
126'/a-Jan
45'A Mar
2
5
247a July 23
53
•
26
July 30U
'
Oct
Dec
Feb
Nov
Highest
pdpsfiare
52 J/a
$ per thare
43
Jan
6'A
9% Nov
Apr
Mar
327a
m^Fbb
128%
20
Dee
56
Apr
v/:v;4'/v Dec
Sep
11/4
16
47
7
227a-Feb
t
39
Dec
Dec
Nov
July 30
May 29
v
26
28
101%
27%tJan
8
10
16
147
177a; July 24c
16 J/4 Mar
,
22% Mar
t
58
,
62 'A
7y»
.
407a1 May 29
6>
Nog
273/4
YoWeSt*-
.
123/4 Jan
7/
25
ie'/4 July 23
Inc—1.66%
No par
a— 100
Feb
81
Rahge for Previous
Year 1945
1
7% Feb
8% Jan : I!
x30
Nov
Nov
110
3%- Jan
< pier share:
Jan
-——No
Cannon- Mills
-
■
Jan
——
Ry1 Co
Canadian- Pacific By,
share
54-
Hecla Cons Copper
Canada'- Southern
t per
■
147a. Jan
15 /
Dec
15 y®
1053/Uuiy
6
16r-
JanuaTy.l
/ Highest
39'
Campbell W & C Fdy-—lNo var
Canada-Dry Ginger Ale
■■■
,
50
preferred
Callahan; Zinc-Lead;—
Calumet
-
■
^ Lowest
2074
95
7% MaT
Mky 28
No par
5%
Capital:, Administration
70
111% Dec
Sep
77%. Aug
591/4 Mar.
7
California? Packing——
400
*17'A
Oct
30 V* Aug
11272. July 11
2*
29% Feb
..
*
per"
600
;
¥
37%
18%; Jatf
May 15
9'AJan
35'AFeb
¥
NEW YORK STOCK
EXCHANGE
560
'
'¥
56
.;.
173/4*673<4-
-
68,
55%
*56%
57
26
55'/2
♦673/4
?r
Deo
Nov
VV-X
267a'. July 22
111*
Mar 22
24% July 23?
108' :July 24?
.—:—#—100?
.-'4.
:487a Jun It
597a May 29
.
25
*
-
*55%
*
r'v"!? r''/'■
Nov
25
451/4 Feb
2
106% Mar 28
3-
lq4%,Apr 25.
100
Shares
42%
.
20%
227a Jun 13
163/4 July 23L-
11974 May 27
107"
Jun 20
2nd' preferred^—10O
102
July - 8
101%' Aug
1
3%% preferred
i
100
213/4 Jun 13
16 %: Feb 25
Bilrroughs*, Adding" Maohl
No par?*
153/8Jan 29
7 9 %'Aug
7?Bush TermiuaL—; .
4
9ft? Jan 10» I 100-,.Apr
6% preferred
mw
m
100Qtf
May 31
75 y4 Jan
2
Bush-Term-Bide 7.4^ preferred—100
39%.May 28
251/4 Jan
4
Butler Bros common-.—
10
Sales for
;
.
4%'• ¥ 4%
8%
■:
173/4,
136 i.
42%,
-..
85/a
33
'
-
$ per share
54?
4%* '.43/4,
8%
34'/#
Aug* 8'
54%.
,
*54-
:
Friday:'.
9 per share
'
-
'
'
Aug. 7':
357/«.Nov
oonv
STOCKf,
Thursday
Wednesday/
y
Aug: 6
Jan
23
130
'
Monday
Aug* 5
;
Aug. 3
rntfiimm,'
Dee
Nov
253/a May 31
38% Apr
18% Mar 14'.
Co.,Inc.—:
preferred
LOW AND HIGH SALE PRICES
Saturday
>i'i
,
45% May 28
283/4 July 30
.
600
36f /
July
.
110% Mar 18
'
4%^' preferred————100^ ;
Bhtte Copper & Zlno——*a.——8
fiyers Co- (A M)
—-——-No pat"
Participating preferredl-.——-100
Byron Jackson dol
—-No par
100
500
108'
■♦34^.,::.
22
106
"
1.700
4
;
38
112
357®. Dec
*>>
.
60
34;
108*
loav
7
70
y
97-
33%i
f
*26.7#;
:; ¥108% 108 »/a,
34%:
91*
4".
1
ICf'
Jun
106
Co—
Jan
3
3
357® Feb 2&
*
.
.
6.100
10%
28
52% NOV
387a Apr
7/
3174 Feb 26
35
Watch
31/2%'
5.800
-
Dec
377a-Mar
Apr
115
109 3/4. Jun
Burlington-Mills Corp cbrn new——1
14,800
11U
10»/8
,91u
33'A:
6%r
109"
36
10%;.
*95,
27
111
Bulova
•
;
331#
.27'
26'Av
25%.
110l»
Dec
197a
May
10'
Dec
80
103/4 Mar
.
1,000
.
n09'
IO91/2. 109%?
1097>
♦101 'A 101# v
*101%, 1017#
:.
18 3A
/ ¥ 18%; 18%
ia%
*10.7 »Ar 109"'/
6W
-6%*:
51,
.
110,
98
33?
109
42 ?/k
503/a
24%,
91".
91
98'.
33J
108
42
497#
10 J%
9%'
91
42*
49,
24%
25#
*101% ioi%>
.18% :i8'A-
10'/a
•*90>
91
89
Jun
16
May 14
207a Feb
427® Jun
Bullard Co.
Bucyru«~Erie
21
35'A? Jan
par
36%
18?
96-
*34%
108:
—No
Bruns-Balke-Collender,.
'50
41%.
-
,v
109%: 111.
'
98
u.
*108%, 110
10'A
■
•
48
24%;
<
111#
101%; 101%-
107/8
.108
10%
59% Nov
July 24
,
¥
37« %■
96%
.173/4,
*
.
41%-
48*
■,
*108'A; 110
f
18»/2
10%
*40#
41'A
47%
'
noay4
i
Syr. Apr
42%. Jan
Jan
*
¥*96^
45
55
Apr
.
i5?erjuiy-23*
423/4-July 24 430s.
July 23
.
5
7% preferred——.——100
Budd (The) Co cpmmoni—No par
$5 preferred
No pat
Buffalo- Forge Co^«---—I4
*124%, 126v
96-J/a- 97..
35... ..:.'3&:.:
:
100
108'A
34'A
\
35%
4.600
33J/2
43
21%
21%, 22m
"
35'/2^
.
33 %, Apr
36 'A
■
May 31 /
■'
Feb
23 'A
;
preferred———
100
Brooklyn ; Union
——No pat
Brown ,Shoe Co Ine com
15
$3.60 preferred ———.—-No pat
-
50
34-
33'A
21%-.
-
-
"112'A" 112#
108%
34-
21%
97
96
47%
95
52%; Apr
247®, July
72
2.50
Airways Inc
Briggs & Stratton————No par
Bi-lstol-Myefa Co NewL
1—2.50-
600
900
*41i
33 'A»
128
;
2,200
343A
56 JA
*1081/4 1083/4
'
*126
45%
55'A
42
22'/a
22
3.300
""*33'A
33'A"
42-
17s/a
"
*40%
33 VA
¥32- .vV-
*40 %
49% Jan
,
Apr 30
9 /
48%-May 13
-
Brewing Corp. of American
—IP
Bridgeport Brass Co
Nonpar ;
Brittas Manufacturing——L-No var
94%
.17%;
4574
453/k
Branlff
900
2474
*90
34
-34%'54%
55'A
*112%, 113J
42
32'Ai
42
*40%.
41%
ni2'/«r, 113 ;¥■■■:
,-i
32y«s
32
32% /
32%
'♦'40%
4574.
45
55-
243/4
25'A
94%-.
1&%"
18
li"*-
'
'
*90
18 '/a
*33 V*
34'/2
54%
25 y4
94%
4§
^
34%
i
9
Jan
17'/# Apr
1077a July 29
£ 11% Jan 23
63/4 July 24
51-
Bearing; Co-
26
Jun
18%
xl08% Mar
Mar 26
-573/4 Apr 22
613/4 Jun
5
4'
44,1/4 Feb
Boston &f Maine
■'
Dec
Dec
20 y# Jan
f
69%'July
1
7.
441/4 Jan
106
.
73% Jan
6
58?/i Mar 13ff
:
Corp—
Bower Roller
noo
S9V
35
25%, Jun 25:'
57% Aug
104% Jan
8
Dec
38
25 y®
10
26
109% Jan
No par
Jan
10
Feb
*
<
107%
'77#:
ST
37'
25
♦90
35
•if"
♦101
V« Jan
51
——5
Co—*.
h Biass_
class A
Borg-Wamer
3.600
,
Aluminum
723/4
Jan
13
29*
Bordens Cd (The)■,-J..lo::- *
4.000
■
,
'
7'A'
*56'A
55
»
23
387b Jan
5
Bond Stores Inc common
1:300
40%
52 J/a
53-
52%
*1067#? 107%»
*106% 107%*-
-
'
;
52
-
Airplane
300
110'A
67%
Boeing
7,800
59%
*110'
60-
110%'
Inc—
—No par
Blumenthal & Co preferred
—100
'
'
*
48
83% Apr
46
251/2. May 16
Co—.———1
conv preferred
No par
Bloomlngdale Brothers
50
113
28a/4«
29i/i
v
'
52
95
17%
e
46'/a
45 J/4
-
.
10
May 31
'30%! Feb 16
0
2
21
(E17)
Bliss7& Laughlln
200
36
51
11CH
40%-
,
*37
♦493/41
67'
50%'
25%
24%
25%
33
*
'900
543A
par
"
17%*
.
Bliss
33'A Jan
22% Jan
No par
—u—No
Co
Blaw-Knox
\
.
25%
V
*56%.
28 3A
*58-
•
67
40;
51
♦106%? 107 '
*7;
7%-
59
*90
.
40%-
" 52'/k '
50%.
.
*106 J/k. 107% >
7%
M *7 :
r«.-
543/4
39*
49%
111%
♦111
110%-
*65
52'
52
52 J/2
•56 Ye
66
*37#
49%»
28%
58'A
*57'
♦llO<
40:
39%
39%-
50%
58* A :
110%. llO'/a
f
51%
55/
♦54.1/a
;
.
111%
-
28%*
-287#
57%'
,
110 %
109
nit.
m%»
nil
113
•58
.
Si Decker Mfg Co
Black
63% Feb 27
-No par
Bigeiow-Sanf Cam' IUc„
400"
*
■
£
•Y0>
'
26%:
; 26%
-
*41?
•
411/2
41'%
69
69
69
♦67
733/4 Apr 22
*21% May 29
,59'/a May 21
137
May 23
6V/2 Jun 17
34"
60
Jan
30
"Feb
4
V
56
Jan
103/4- Jan
20%
Dec
Dec
Deo
Nov
48'/a
Jan
vZ 72
11
Jan
21
52
Mar
56
Oct
Jan
135
Nov
Mar
49
Dec
1163/4
32
21 '
jan
,,
Dec
3374 Nov
■
.Volume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number" 4515
NEW YORK STOCK RECORD
LOW ANt* HIGH SALE PRICES
Saturday
Monday
Aug. $
:
*8%
STOCK
'48%
'
'.CLOSED-•
;■/ V:..:/,
y.
72%
66%
-
,*157
.73%r68
103%
72%
66
-
8%
8Va
48
72 ya
i
•
■
c-'..
■
31
,
r
r
..
31*4
*21%
'
16 Va
10%
*111%' 113
: 102
14%
'
1025
*14%
s
36%
*18%
Uf
"
102%
14%
*35-
22%
23%
16%
11 /
i
102
31%
23 ^ J
1*111%. 113- •
,
159-
22 y8
10%
.
72%
158 %
32%
*21%
,
,
73*4
71%
107%-107%
-^23%-23%
/>16%/16%
.
-
170v
72%
,
107%
157%
157%
..
;
48 */2
167 Vz
'
.
-
.'
8%
83/4
4b*/2
*
72%
167%
,
v.:-< !
8%
170
73
71'
.
v
,
..
I per share-
4y
170
73
,
72%
67
70*4
106%: 107 Vi
106% .106%
158.
169%
: 72 V*.
,v-
67
.
8%
-A',-,*
48%.
169%
!v
Aug, 9
$ per share
8%
48%
170%
*167%
'
$ per share
v
Friday
Aug. 8
158% 159
157% 158..
32% '33% v
31%j 32%
■
31*4' 32%
'
■
.-31%
21%-r
' *21%;::'22c: <
21% > 22y»;
..24
;,;24'4
/y 23 V 24
Vv,v/23 M 23%
i
15%
15%
.:,•••
15%.
15%
is. 15%fl6%
'.
' : 10%
10%
10%
107/»
>
10%
10%
*f
v>nil% 113^ y-nil%v 113
*111% 113
' ^
*101% 102% »
*102 : 102%t :
.102: ? 102 V;
.14%
14% / ;
*14%
14%
14%
14%
36
36;
*35
■
37
*35%
37%
«
1 *19%;20
19% 19%
?18%
20: i
•
*'>
,
:
.
8%
*47%
170
106%
i..&
■>r:
:
V-
8%
48%
*187%
Thursday/
Aug. 7
$ per share
■
'
Wednesday
Aug, ft
.
' $per share
.EXCHANGE
.
Tuesday.
Aug. 5
;# per share
.
15!
*35
36%
*18%
20 ^
20
45%
24%
24%
24%
*33%
34%
*33%
2478
:
,*55%
57%
*111
"
"
"r;v
'
• ,S
»'
'
25
.
'
'
;
"
'
•
U
...-
-
.
60%
*io%
-
12%
yn%
,19%
414*4 ' /
7%- ;
23
18%.
.14
7%
23%
18%
.
-14
'
:.*7
.
*"
> 23% X. 56%, ^56%
'27%
27%
27%
57%
56%
31
'
#23%
67%
28%
-V^28%
,
56%
57%
30%
31'%/
'
f.
30%
'81%
r
61%
57%
;
*56%
61%
57%
*19%
19%
^ 19%
19%
62% *56%> 57%
0*49 f 20 X
22%
-
.
30%
61%
22%
*221/8
23.%
\
U%
11%
V
.
'
.11% :'U%
.
*45
"v
: *
•
119
r
*109
.
/
:
.
:
113
*109
113
35%
i
.
f
■'
"
...
58%
.
'j\
•
55
r
36%. ,36%
.
15%.
.
•
60>8
188;?^' *
*178
*
.
:
v
.
7
^
33
-
33%
53?
53
*
*158
?
Saturday
/••; 7-4.:
Aug. 3
;
4 per share
:
30%
28*4 ; 29
*56 3/8
*158
•
57%
*178
186
:*106
*111;
^
v
110.;
112
*65*4
67%'
107*4 107*4
.'102 77
58%
•;
102
"
'♦575/8
'59%
30%
30%
33
33%
>
33%
52% *
52
••
:.
106
"
31
33%
523/4
158
-
106
102% £
58%
36%.,.
15% 7 15%.
—
110
" 102%
33%
52
158
36%
-.
'
;
:^'52%;v.53%'/i
*158-162
162
1
,;v -7 ^LOW AND BIQH EALK n«C«»
i
7
Mon4*f
.^xTuee&aat^
.Wednesday
fc-JPhuriStEAug, 5 ,.
. j v Aug. 6
- *
.
" Augr..T"-;.;'"/''7 :
I
per share
tpcrshare
,•
l per
•
...
'autre.,'i-.
7'.7
173% 173%"^
v 173, -173: '$72 '17J7" *170
172
*67%
67% • v.!/66%^66%'
-663/« 67- • - i • 66% -66%
*1100:•lioo..-.. ? w*1100, * -L*-«
: .i,55%'.,56%''
' 55%: 56
v56
' 56%
56% "©7%
•lod /.
110% • 4169 i 110%
' *109 77 110%^/r*109vv7110%
Frliuy
Aug# 9
t per
iper share
<
r
share
*169
172'
»
/
EXCHANGE
CLOSED
>
553/8
113
.
j'v
"BROCK?
33%
"
;
35*4
;;K65%g! 65% %
,107% 107% fe
•
-
55*4
7
::<lll-/;:'Tll'fe-/
•'
46
120%
16
,
.
123/8
-
11934
'
188
*106
.
'
•
-
1
162
37
106
*178
,
.
12
'34%
553/4
v
,.22%n
*110
•
;v28%
29—•••
'r 57
,188
*106 : no/$;. - »io6
110 ^
110%: 110%;
miKHiyk:
V.
,-H; 667/8®66%
65%
65%
V1'-' ■ *107 #'108\
107 -t 107
*102% 104V' *102% 104
"
53%
5834 v
*58%
60
'
>
30%
31 v
1
30V4
30%
2?y#
■
-
55*4
153/4
.:
20
*43
35%
*103
'
28% i'28%
y 58
;; 58
'
"
113
.36*4
106
31%
62%
57%
*19%
' **
35%
•
15*4
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*56 3/4
,
'117*4 119% '
• •
•
.
i.
s
36
54 y2-
*
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29i:
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;*■.;
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•
-
106
28%
.
:
'
.15%
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.
36'
.37%,
'*15
'
;i
155%
37
.
,.
'
543/4
•
29
ZVA
*61*4
.
46.'
*110
'
"
-
11%^52
*45T
:
•
573/4
57%
22% >2%-^
\
24
57%
•
:./*61#'
M46%:*44 j 46%
120%,.., 117%, 118%(
-•
;,v.V
;
7%
57%
28
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For footnotes see
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.
•
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 12, 1946
NEW YORK STOCK RECORD
Aug. 3
I per share
per.,
:■•.
V.V
t per
shark
34%'-;35?if
■■
STOCK
110
*129s
,1U9
CLOSED
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,
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56%
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I
I
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V
'
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52
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10 \
44%
10
26%
27
9%
26%
.
'
*74
:
Class
24%
23%
No par
—1
—1
A-
pfd
Ino
100
No par
,
Aug
Mar
*150
11
25%
Jan
2
1106
Mar 25
99%
Deo
24% July
X
9
146% Feb
•
Dec
Sep
51% Nov
102
Nov
8
5
76% Apr 29
12 V8 Feb
4
34% Feb
•
19% July 16
2
145
30
32% Mar 13
Dec
82% May 16
Jan 24
July 23
Apr 23
Nov
42
29
'
26
7
<: 69%
Nov
111
Jan
Jun
V 7
129 % Jan
Aug
16
66
18% July 17
129
25
4
July 23
No par
87%
8
10
Jan
Feb
—
9
46% Jan
145%
15
■
23% Jan
8
47
Dec
112
124
Nbv
52% Nov
y
Jan
Jan
No par
preferred
35%
Highest
30%
Dev
Oct
165
Inc..2.50
(The)
Cushman's Sons Ino 1%
:144
99% Jan
106%
106
Jan
-
July 18
45
May 20
36%
28
'
41% ;41%
v
77
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>
108
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33
20%
20%
20 Va
29%
19%.
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20 V4
20%
20%
89%
90
89%
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20%
90
89 »A
90%
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89
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% ..37
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,89
! 178%
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•176
♦115%
117%
26
111%
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30
43%
30
129 Va
116 %
17%
x
215
*128:
129 Va
129%
*115%
116V2
♦116
18 y4
18%
18
$ per share
1
25%
2$.,./
29*
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47'A
47%
,
215
215
129% 129%
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129%
*116
116V2
*116
187/a
116V2
18%
17%
18'A
18%
STOCKS
AND HIGH SALE PRICES
the Week
' 26%
29
*
•
Bales for
Aug. 9
$ per share
J per share
25% 26%
30*A
57%'59 >
237
237
■
29
56
56 *
235% 235%
Friday
Aug.» /
■* 9 per share
25%
28y4
Thursday
Wednesday
...
Aug*? ',..
Tuesday
Aug.« —
25%
•
56
«
235% 235%
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110
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47
117%
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.
217%
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116%
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;
28%
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45%
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26%
111
25%
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,
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27 J/4
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26%
184
117%
27
;
214
LOW
I per share
111
214%
129%
214
VMondayxsVy
/ Aug. 5 r--:rQ
■it Saturday
:
44%:
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129%
116
29
28
44
214%
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33 Va
183
182
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27%
26
32%
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182
*115% 117%
25%
111%
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;
214%
<:
178
25%
181
180
*115% 117
25%
CLOSED
5
Scores
115% July
;
-
Jan >. 5
Mar
16
20%
$ per share
26%
26%
'
39
12
>
$ per share '
10%
27
41%
STOCK
30
5
Apr
Lowest
55
51
45
10V4
EXCHANGE
160
12
54% Feb
25
32% July 24
100
Drug
Feb
22% Feb 26
100
Co
110% Feb
150
42% Mar 13
109
100
;
—
40 V* Apr
3-:t
—10
Sugar-
Ourtlss-Wrlght
7%
•
.
21
Jan
Jan
(
t per share
3
107
100
preferred
Prior
72%
*71%
'
Jan
115
Inc new
Pub Co
.
Year 1945
Highest
26%
27%
29
10
Aug. 3
Press
Cunningham
29
No par
—No par
-
< per share
—No par
preferred
Ourtis
Lowest
*111%; 113%
66%
53%
*44%
,
Cuneo
Range for Previous >
Range Since January 1
y.
27
28
28
,41%
"*47%
4% %
Outier- Hammer
36 Va
113%
*54%
!
Amer
Packing
16%
*128%
5
preferred
preferred
Cudahy
23%
"
-ttPar
*
Corp
ol
RR
62
16%
•
y/v;
preferred
7 %
105
23%
Zellerbach
Cuban-American
57%
*60
V
"•
*
$4.20 preferred
Cuba
35%
*103%
Crown
5%
24%
25%
*165
167
*56%
'
■
Crucible Steel
114
35%
STOCK
$4 2nd preferred
50%
50%
"112%
*136
26%
36%
*112%
290
132
"128
'
26
26%
*111% 113%
.
1,600
37
*26
26%
26%.
26Va
26%
*109
144
*24%
26%
26%
.26%
35
109%
34%>
-
23%
23
20%
142
Shares
YORK
/'.V.. EXCHANGE
.
71%
7%
71%
71%;
$ per share
f per share
NEW
Sales for
the Week
,
23%
23%
16%
133
~r
105
*€0
63
71%
57
*104
105
23%
23%
,
175
•165
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i
25
24%
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,
35%
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35%
25
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114
•111
H4
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57%
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48%
49%
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'
109
•
y
Aug. »
34%
35%
34 Va -34%
109% 109'/8
*109
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132 • j
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132
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51
49% 50
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i
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35%
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35%
25 :
25%
25
25
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175
*165
375
57%
58
57% 57%
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105'
*104
105
23%
23%
23%
23%
♦60
62
*60
62 '
y
16%'16%
15%
16%
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129
129
*71%
72
71%
71%
7%
7%
7%
' 7Va
'
24
24%
24
24%
132
,
STOCKS
Friday
Thursday
Aug. 8
;
t per share
34%
34%
133
Wednesday
Aug. 7
-
■
share
*126
110
EXCHANGE!
Tuesday
Aug. 6
Vv.:
Monday
Aug. 5 Vi,
.•
HIGH BALE PBICES
AND
LOW
Saturday
,
30
Shares
NEW
YORK
STOCK
EXCHANGE
Range Since January 1
Lowest
Highest
I per share
I per share
Baage for Previous
Year 1945
Lowest
I per share
Highest
$ per share
26%,
31
57%
57%
238
»200
240 l
240
202
240
'
200
*59%
34%
200
35
111
48
49
.
/
60%
21%
22'
M-
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5Va
X
x't
-
:
25Va
'
5 Va
28
88
107%
33%
34
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34% 34%
■
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,
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:
.
.
•
108Va
,
3%
■
15%
109
;
3%
16%
75
-VV
157/8
75
94 .
16%
28%
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44
:
v
44
57%
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10%
13
21%
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107
*v
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*17:
66%
.
106% 107,
31
•
L
31
59%^
70
71%:
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58
10
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108
•■61%
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61%
V
17%
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90%
40
40%
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see
■;
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39%
17%
59%,
Deo
•
107%
34%
Apr
Nov
:
29%' 30y*
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30
63%
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70%
31
31
?
vf 59
v
31
,
I 59%
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—
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60
61
?
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39
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45
V
V
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61 x 61
26%
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.
62%
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108
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V
61
"61
26% / 26%
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114%
v
47
18%
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26%
26%
'
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27
»26
16%
16%
20
90%
91
-v: / '
39%
'
39%
29%
32% Nov; ;
18
Dec vj
67%
38%
114%
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,
106%
26%
26%
*44%
39%
•
Dec
106%
16%
page 843,
;',y
Oct
42%
106%
*60
29%
*28
-39%
.45
26 y4
110%
107
^•.-106%;;^{;V106-' !Cl06-v">--. *106'
19%
f
:;v
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Deo
Dec
12%
24%
107
17 y4
19
16%
;
45
12%
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107
66%
18%
90%
107
66%
,
45%
20
39%
-17%
66
Nov
20%
17J/4
38%
V
24%
1 v-17
:
86% Nov
26%
12% : 12%
24%
24%
67%
45%
V
JO
67
47
28
*26
9%
25%
70%* Vv;": 70 V 70
W 70% 71%
:106% 107 V.
/108 Vl08xVV^106% 103
•
28%
43%
58
,
17.
19%
19
For footnotes
17% •
*112
V
.
x
73%' 73%
'
107 V-
*38%
39%;
26%
39
114%
24%
107
69%1
108
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10%
16
65
'72%
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.
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,.
66%
94
.
16
58
16%
76
43%
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59
•
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3%
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■
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4
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4
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«
,
109 y4
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67
34%
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39%
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108%
109% 109»A
109
109
15%
106%
♦105V2
34
34%
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88
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107
*
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- J
106
106.
*83
43Va
12%
ASA V45, Vxv/;44%
*38%
',
24%
107
21%
28%
28%
88
43
25
"
51%
54%
21%
21%
28%
*
*
163
51%
54%
16%
28%
74V8 ®t
.73
24
*162
54%
*82
5%
25 Va
177 Vs
57%
9%
*56
9%
74% M
23ya
.12%
5V8.
*177
94
16%
28%
94
16%
28% v
43%
10%
24%.
25%
178
54%
16%
*91%
%;,
62%
*162
164%
51%
51Va
22
747/a
10
,: .21% ' 22
'.42%V 43%
44
f91
' 16%
X 28%
,
?f 48'A
♦109 Ye .110 y®
5'A
25ya
178
88
15%
16
75%
*747/a
*56%
V .74
109%
3»A
108
3%
91%
.
.
,
*lu5»/a 106
108% 108%
106
110%
5%
,
*106
107
33
> 34%
105%
106
109% 109%
109
109
3%
4%
*103
113
48
43 Va
28%
*82
35 %
.
♦111
22%
43%
60
35
62
44 y4
201%
60
10%
' 61%
; 21%
21%
28%
88
*84
iov4
-
62 y4
22 Va
28%
21%
21%
28%
,
,
5%
5%
24
25%\
*176% 178
,162
163
51%
51%
54%
54%
25y8
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60
35%
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113
49
49%
*109% 110%
60
35
ios/s
22
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.
*106
V
^
60
.
5%
5
24%
22%
28
..
-
*176% 178 V
*161
162V
5lVa
52
54
55%
55%
22%
.
iov*
V"
44
25%
*85
.
44
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22
160
52%
55
.
60
21%
178
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.
10%
59
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.
44%
160
.
'
110%
;
...
.
177%
*
48
rio.,
10%
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:
59
35
113.
48
49%
110% 110%
59
35
*111
60%
35
112%
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47%
200
200
*109%
110%
10%
:
v
x
•1097/a
:
*59 %
35
60%
Ill
.
201
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,
V
27
29%
17
,
17
'
19
19%
91 y8
.
?X
*26
V 27
91 Va
39%
*26%
29%
V
40% 'V
27
'
29%
19%
91
40%
*26%
29
26%
17»/4
197/a
91
17
17%
19%
19%
91-
94
40%
*38%
27
29
•26%
27
*28%
30
'
40
,
NOV
;
110% Mar
;
Oct
'
60
Volume 164
Number 4515 >7,
7/7* THE COMMERCIAL
FINANCIAL CHRONICLE
&
837
NEW YORK STOCK RECORD
LOW AND
/Monday'
4 Saturday
Aug. 3 r4
HIGH 8ALB PRICES
Tuesday
77
/Aug. 5
STOCKS
Wednesday
Aug.
Thursday
/ZC Aug. 8
Aug. 7
I/
'
$ per. there
$ per there
54%
STOCK
EXCHANGE
.54%
( per there
55%
108%
:
21 %:y
Z2i
! 41%
CLOSED
t per there
;
4 21% >2iy4'.
41
42
55%
4
*21
413/4.
108%
*108%
108%
54%
54%
<
t per there
55
21 %
41%
1083A
147a
20 7n
10
203/a
1774
1474
1474
1074
10%
1074
10%
20%
17%
207a
20%
20%
•207*
20%
18
*20
207a
*23
247a
147a
.14
20
♦117
125
197a
*114
*10674
613/4
6174
127a
'
12%
♦193
109
203/4
'■
19 7a
*106%
109
109
60
12%
1274
60%
127a
2174
2174
*115
'/Z:Z;•■•
Uamewell
26
61
20% July 26
34% Jan
4
;48
112
Lowest
Jun
Highest
t perthare
3
34
Nov
51%
Jan
35'
t per thare
Dec
273/4 May 13
Jun
.
18
July
Vy' 36*
Dec
1
10
213/4
19
per
No per
Corp..,
ou
197/a
Apr
29%
Nov
163/4 Mar
29
Jan
283/4
Deo
■;
293/a Jan
Ml'V
,
7%
Jan
14%
58
Deo
24
May 28
141% May 28
217a July
1
58
Jan
807a
Dec
127a
Jan
247*
Dee
Apr
109%
Dec
Jan
61%
12%
*88%
89%
45%
*179
13
12%
13%
89
37%
182
12%
45%
37%
:
Deo
Jan
8
17% Feb
26
8
58
July 26
Z 182
108
14
22
1043/4
49
6 v
J an
29
1607a
Jan
185%
89%
88 %
89
45%
47
37%
47%
37%
*170
47%
*170
4%
373/4
37%
182
General
conv 2nd preferred
50
Cigar InC-.-.^...-wiVo par
preferred^.—
MOQ
182
46%
53%
46%
54
53
53%
General
54%
53%
54%
53%
54
135
*133
135
*119
121%
*119
121%
&
673/4.
66%
128%
23
128%
33%
33%
33%
4%
4%
*5%
5%
20%
*146
20%
33%
17 V*
Jan
ZZ,27%
Deo
20%
,150
39%
38%
129
43%
43
'
h
37
*35%
111
109
109
*109
110
*101
102
36%
.102
36%
107%
36
36
57%
43%
*35%
*108%
:Z 50%
•108%
109 %
*108%
*101
102
•101
36%
•1063/4
56%
56
106%
♦105
105 7/a
♦105
50%
50%
50
so y*
57%
51 Ve
•56%
7%
108 %
50%
•56%
36
*
40
General Shoe
Gen Time Instrument
111
•142
51
1093/4
4%%
102
36%
General Tire
57%
52%
57%
52%
57%
.
59%
Gimbel
105%
:
52%
•56%.
>
2,600
1.100
800
21%
34%
20%
*109
1.500
3.000
109%
18%
45%
53%
72%
95
9 per there
6
/•; 59-
Deo
4474
Nov
3874
Mar
46
Deo
•
3
1
8
.No par >
107
Iron
/ 90
98 '
-
Prop
106
;
•
par
.No par
Oct
May
374
Jan
774
14774 July
257a Feb
1657a
Z
53
102
48
1
54
73%
;
9 per there
Tuesday
An;. 8
'/''/> /"/•"/STOCKS
Weda«d»r;.
Thursday
Aug. 7
t per thare
9 per there
Sales for
Friday
Ang.O
Aug. 8
iperehere
f per there
Jan 30
12ya Jan
,
57a
19
2774 Feb
3
21
Feb
Jun
188% Apr
*
Deo
Nov
Z 28%
Jan
39%
NOV
Jan
2274
Jan
287a
78
Jan
:
Z
Deo
Dec
Deo
307a
Jun
82
Jun
617a
;
Deo
Range for Previous
Year 1945
RangeSlnce January 1 r.
Lowest
Highest
EXCHANGE
Shares
Jan
557a
12%
14% Mar
58
Deo
100
Oct
49% Jan
May 31
Oct
Deo
- •
1087a Mar
:
57a Mar
82
25.
/ ■/•/>"
::
x35
Jan
10474
5
May
75
86
64
30 7» Jan 28 Z
7 "78% Jan28
:
175
Jan
5274 Jan
-
Feb 25
527a Apr
4 Z
9% Jun 28 Z 7 13% Jan 25
108
Nov
1097a
21%
1
Apr
t
653/4
;
111
9
Dec
Dec
Aug
.
42
.
>
21%
33%
1613/4 Mar
5
May 20
547$ May 28
30% Feb 26
10774 Aug
79
Deo
Jan
Sep
Sep
1474 Jan
17
Feb
,
105
25
3374
■
46
347a Jan 28
May 22
127a Aug
774 Nov
Jan
Jan
105
14
Feb
Dec
39
147a
4
64
Oct
115 t# Nov
;
2574
>
407a Jun
3 i
C112
Feb 18 Z
26
Oct
6374
Jan
4ya
1874
;
8
74%
10574 Mar
Apr
July
12% Mar
.
54% May 10
26
Z
July
-
Oct
Jan
Nov
40
10774 May
18
Jan
NEW YORK STOCK
the Week
16
;
63
-
1
1
3
Feb
Deo
39
57
6
43
77
100
Co Inc
Deo
104%
Jan
3
4
28% July 23
172
Jan 14
j
(H L)
105%
Sep
52%
10
Mar
Apr
1137a Jan
>
Jun 24
17
;
543^ Feb
No par
pfd—No
Deo
2574 Jan
8
5
293/4 Feb
100 /
ure
Z 77
187a July 23
6
"preferred
Nor
6 3/4 Jan
3074 Mar
Dec
2674
Jun
137a Mar
May 10 '/
887a Apr
4
No par
111%
Mar
107
473/4 May 14
337a July 24
93/4 July 23
& P
—
Deo
111
Jan
4
1517a Jan
Feb 26
587s Jan
13374
28
874 Jan 29
1
68
Apr 13
56% Jun
3
1027a Jan
Deo
31
Jan
Mar
1057a Nov
May 17
737a May 10
Mar 25
35% Jan
Dec
277a Aug
.p.
July 10 7
423/4 Apr 18
4
(5 conv preferred
—No par
913/4 Feb 26
Gull Mobile & Ohio RR„....^Nw par
17% July 23
<5 preferred
No ^afli' i 52
July 24^
Gulf Oil Corp,
31
577a Feb 26
19%
Monday
Ang. 5
Aug.srg
Mar
34
Jan
25% Mar
9
Jan
Oct
Deo
103v
1053/4 Jun 24
Motors
Preferred
LOW Aim HIGH 8ALB PRICES
Saturday
Jan
No par
Grumman Aircraft Corp—
Guantanamo Sugar common
9%
;
118
1337a July
Greyhound. Corp (The) —.—No par i
4 y» % preferred—...—....100
44%
19%
3%#
Green
46%
♦93%
26
Jun
Deo
8%
Jan
.99'
14
54
par
Green Bay & West RR.
107%
44
9%
Jun
4*Vs
140
Feb
37a
108
.No par
Granite City Steel
Grant (W T) Co
60
69
•107
Graham-Paige
Granby Consol M S
Grand Union Co
Great Northern Ry 6%
Great Western Sugar
84%
84
-
Great
1.200
179
•67
60
No par
4.400
30 y8
*177
No
Jan
123
10
26
106
com—_.No par
2,800
58%
30 y8
F)
Gotham Hosiery—
50
18%
57%
'
27.200
8%
45
34
:
800
-600
103/a
8%:.
•43%
(B
Deo
'
35
9%
,
Co
$5 preferred _!
Jun
46% Apr 17
Ill
Feb/ 4
2
10
Goodyear Tire & Rubb
$5 convertible preferred
4.100
106%
35
Goodrich
100
8
22
103
1
100
Gold & Stock Telegraph Co
12
July 10
497a May 21 Z :
6
/ 39% Feb 26
103
Ajpr 22
3674 Jan
3
50
Goodall-Sanford Inc
Apr
Feb
.
99% July 23
22% Jan
4
No par
preferred.^...—.
2.000
66%
106%
(The)>
conv
1.100
♦104% 105
66
4% %
Deo
7%
28%
May 31
Jan
107
5
Goebel Brewing Co..
50
42%
76%
75%
48
150
711%
37% Feb
preferred ^...^^...No par
Glldden Co
57%
145
41%
108
100
Brothers
$4.50
3674
Jan
2374 May 21
34% July 29
8
preferred
23
Jan
17a
:
Z-19
,.
108:
58%.
1053/a
Co
Dec
Jan
22%
p,
47
..
preferred
.100
Gillette Safety Razor
...
Nn par
i
$5 conV preferred—^.^^.No, par «
36%
108
ii;
& Rubber
10
14
15/
132
3% %
102
105%i
51%
Corp—No par
4Y*% preferred—^...—.^.^...100
v
51%
Mar
14
Jan
Dec
130
112% Mar 23
36% Mar
Dec
77%
Jan
May
Z 21
29
123
62
367a Jun 10
1
35%
Oct
Mar
134
125
:
Apr 26
7% Jan
Aug
11474
Nov
523/4 Aug
437a Aug
127
5
40% Jan
26% Mar 13
Gen Steel Cast $6 preferred—No par
General Telephone Corp
20
*108%
59%
*105^
Corp
433/4
*50%
363/4
58
Z105%
No par
49%
56
14
29
)
May
Sep
Jan
Feb
30
2
Mar
28% July 16
4% Feb 26
172
Oct
40 Z;
Jan
Feb
Deo
;
377/a
807a Jan
Utilities
General Refractories
32%
♦108%
123
,
7%
*56%
Public
20
100
35%
*106% 108
57%
-
par
No par
153
8
132
]
• ■
Oct
6
8
2
!:
;
36
8
54 3/4 Aug
29
1273/4 May
J:
C:;
'7—ZZZJ
277a Mar
8
135 Va Jan
/
647a July 26
par
Corp
4
5
9
Feb '
15
,0 > Mar ;
15
567a Feb
17w
115% Mar
io
,
._No
SV 52
Corp...
5
18% Mar 4
Gen Railway Signal',,,.,;
36
J.NO par
I
July 25
I- 8 % preferred—.
1QO
! 142% Feb 27
Gen Realty & mmties
ine ,//
7
Aug* 5
126% 127%
102
36
100
,
433/4
513/4
109%
563/4
*105
553/4
Feb
common__No
Outdoor Adv
Gen
7%
*39%
36
111
111 |
51%
*108%
363/4
109 Z
*107
108
149
32
39%
433/4
51
v
Jun
preferred
Gen Precision Equip
'
52%
*109
42
130
;
9
40 3/» Apr
182
Apr
26
JNo par
..^......100
....
•'
Jun 20
par
Gen Public Service
38%
•7%-.
127%
43%
Gen
21 y8
*146
31%
39%
43%
*108%
*108% 111
20%
conv
General Motors Corp
$5 preferred..
5%
*38
7%
127%
128% 129-
43
*35%
37
51%
39
128% 129%
43%
•35 y3
.
31%
39%
126
23%
34
5%
149
7%
31%
22%
34
,
♦146
7%
7
31%
67%
129%
21%
39
38%
-
66%
Corp
5% preferred
3%%
*1283/4
5%
20%
'
39
,
1213/4
FooOs
167a Apr
907a Aug
47 % Aug
2
Feb
49
General Electric Co
134%
*118
34%
*5%.,
46%
134%
121 Vt
c
67%
67%
129
129%
22%
23%
23%
33%
46%
134% 134%
*118
67%
•128% 129
24%
24%
19%
Jan
45
.
General hiills common..
.
Mar 13
No par
46%
53%
*133
*37%
81
171
No
457/a
53%
53%
66%
10
July 23
88% Aug
9
45% Aug
5
.
-
1
'1
Dec
17
200
1
.
Deo
147a
8 7i
Apr
28% Apr
Jan 23
197a Aug
Jan
71% Apr
1474 Apr
12% Feb 26
General Cable Corp«..-«—»No par
4 %
1st preferred,^,
-.-.100
'
Dec
Nov
<
12%
Par
9 per there
f per
-1 per there
•
•
■.
•
Highest
/Lowest
thare
9 per thare
H
♦38
39
*38
39
,
22%
j
*112
•107
22
23%
l2? %?* 22
-114%
;
107
15%
40%
180.
*40%
/7 r
98
134%
//■'
1343/4
*94
; 143
*143%
144
31
31
30%
31
'•
40
f*
,
•39
•33
34
•33
;
*39%
33%
♦32%
*33%
34
37
28%
.
40
*32%
,
:
.
.
34%
283/4
4i y8
j
413/4
21%
21%
57%
58
34 y8
111
89
109
89
24
23%
46%
423/4
4 *7%
73/8
23%
<
35
.
24
7-
108%
108%
89%
24%
433/4
43%
43%
7%/' ://'7%
17%
17%
40
40
26%
27%
26
39%
393/4
39
8%
87/a
page 843.
26%
r
8%
39%
-
8%
•
'
413/3
213/4
41
26%.
,39y8
8%
>■
*
<
167
17
Apr 25
Jan
Z
2
103% Jan
:
51
90
184
Jan.15
2774 July 25
Z 192
57% July 31
■130
Jan 28
x30 f
98
<7%
<
9%
6 •"
May 23
108
■
:
Apr
Jan
Oct
Jan
Mar
/ Mar;
20% Jan
10074 Oct
2
;
Oct
;
July 11
-Jan
187a Jan
•
i
Dec
71% Apr
155
Apr
4374 Dec
M14
Jan
170
Aug ,7,
387a Jan
22% Jan
9
<
5
Jan
2
146% Jan
21
;
.2574 Feb
-
26
82
#.'■
135
Mar
x43
29% Feb 26;
417a Apr
3974
32
377a Jun
Deo
'<£
.p'\\
July
72
j
Feb
123
-
Feb
138
Dec
21% Aug
32
Deo
>25 ':Jan'
6
4
2374 Jan
447a
*4374
>'
18
J
44
8%
*16
440
800
1.600
Z
8%
Holly Sugar Corp
com
6.000
17%
500
417a
-
Hollander St Sons (A)
Homestake
2.800
Z
3.300
3%%
417a
2774
27%
vv.
27 74
40%.
40%
'
;Z
403/4
83/4
m
8 3/4 r
-
8%
41
8%
'
par
46
40
9
138
90 t
NOV
33% Nov
32%
Deo
56
7
Jan
17
Jan
17%
11
Jan
/ 42 i
6
•
4:82% Apr 22
357a Jun
26
111% Jun
20
10674 May
1
Mar
7
95
83
,
t
May 22
28% Feb;
193/4 July 23
--
t
3474 May 10
16
Aug
V
55
July 24
•VZ 277a Jan
3;
100
preferred
July 24
rv:27V4 Apr
Houston Light & Power Co—No par
Houston Oil of Texas v t C
28
197a Jan
3
Z 30
Howard Stores Corp
1
43% Aug
'8
3
42% July 25.
<
i
Jan
167a Jan
557a Oct
Z Aug
102
Sep
25
66% Jan
Apr 24
12%
9
Jan
26%
v/35
60%
Nov
Nov
Jun
2574 Dec
Nov
63
29%
Deo
10974 July
87%
Nov
237a
Dec
54
Deo
47
Howe Sound Co.
Hudson
5%
&
Manhattan:
non-cum
preferred
8.300
Hud Bay Mln & Sm Ltd
Hudson Motor Car
1.900
Z
277a
•
No
;
247* Mar
8
No par
12.50
No par
50
'
'
new..—..5
com
700
"yiP/
(Del)
Household Finance
6.300
Zf:/•
Furnace
600
2.700
-
l>
247a
43 V2
27%
8%
35 7»
243/a
v
41
/
.
Holland
Hunt
3.400
Hunn
•
Foods
Motor
190
>——~
7
July 15
16
July 19
•;
4
24% July 23
«
Z
3674 July 23
8
4,12% Jan
-
337a Jan
No
Inc.i——6.66%
far Corn..
v
100
No par
May
6
Apr
<
July 19
6074 Feb -5
25
Jan
25
;
*■
49% Jun
:: io7/s
y.«~
87a
Deo
Jan
2374
Jun
2674 Aug
367a
1474 Jan
34
10
17
457a May 17 >
-34% Mar 25
34%. Jan
2 <
Jan
<
Dec
May
3
rtA
3%
Jan
o
35
Deo
1033/4 Dec
9274 Nov />
189
Aug
Feb
;;
May 31
327a Feb 26
1
Dec
1347a NOV
<"
130
397a May 13
10
Dec
Deo
14
\
74 Apr 17
139
Apr
3
106
May 2
<
Nov
104%
1674
72
Z
No par
No par
(O E) The
Dec
16
10974 Mar 26
/
Jan
297a
.
152
20% Apr 22
157/s Jan 28
4
82 7 Apr 26;
11074
Z
1067a Jan 24
"18$
Dec
121
105
July 16
16% Jan
Dec
27%
1037a Aug
607a May 29
r
•
Mar 13
32
:
Z
5
Mining
Houdaille-Hershey
$2.25 preferred
8.400
;•/? :/"/ C:
887a
40%
-
22
108 Va1 10974
V
.
8% v
17
407o
:
50
'
-57!v;
35
45
7%
18%
41
'*
'\-- /;
88%
44%
43%
100
29
42
■:
2434
•42%
7%
*16
"v
.:••' 24
600
35
.;•<
89%
23%
163/4
100
•
Mar 15
Feb 26
121
100
Hewitt-Robins Inc
36
?-*28
v >•":
357a
89%
43
7%
23
Hlnde at Dauch Paper Co.
-Z ZZ- *56
5774
•
IO93/4
/
119
Apr 11
1097a Apr 13
343/4 May 28
137a Aim2
10% July 23
9
5%
Hires Co
Jan
Jan
Aug
267a Jan
113/4 July 17
99
.1
par
No par
33%
2274 Zv
5774
■.,-.'35. •'
•
:»
89 y4
y>
—
29%
1574
39
Jun.
/ 43% Nov
Jan
20%
:
: 24
16.
Jan
: 37
<
1
No
:
...
23*
:155
100
preferred
preferred
Hershey Chocolate
/ v $4 conv preferred
j
98
•34
29
*108%
*
non-cum
Power
143
1
.10
—23
Motors.
">♦3474
417t
22
57%
,35
453/4
40
see
-
W)—
40%
35%
40
21%
v57 :■/;
;'V;
43%
40
footnotes
.2874
43 y»
163/4
For
>;
1%
(G
Hercules
-
1057a Jan
par
100
Co..——
*39
35
•34
40%
44%
46%
423/4.
36
29%
110
89
■
89%
34
*28
7 77,21
58
35
Helme
33
I !
8
40% May 13
1
6-
Aug
207a July 23
: 111
Mar 14
'
33%
*33
21%
*57%
34%
«
Glass
*32%
/•/• 40
,
No
preferred;(modified):
Hayes Industries Inc—...
Hayes Mfg Corp
Hercules
29%
33%
;
32%
34%
28%
413/s
7/ 20%
34%
♦110
,
28%
40%
-
'
143
100
4%%.
Hazel-Atlas
22
pfd—No par
preferred—
63-%
'135'
98
par
preferred—
Hart, Schaffner & Marx.,
Hat Corp of Amer class A:
•
,35% Peb
<
rtu
H!echt': Co.—18
3% % preferred^
100
•
143
conv.
-28%
•134
98 f
4%
)
5
new
Watctt Ou
Hanna (M A) Co $4.25
Harbison-Walk Refrac
193
28%
63
134%
7340
'
82%
*189 v
Mi
64
"600
4;80o
1
108
82%
i.
20
-
•
600
v40<*
<
41%
*1073/4
„
-
f..
-181 7 183' 7
40%;
*94
ioy8 * 10%
.
V
-28%:
•
'
**
Printing Co
Hamilton
V 6%
w
'4/
103%
-
60
.1.600
-
Hall
40
7
,*15%V15%:
,
181%
:
:
<
.170
12
'j
io% -10%
:900
30 7
-
;
WMkamaacc
: .:
7. 300
t
"48%. *8%
;
*102
•
82%;/
yj;
134%
.
-
1
.
.15%
30 '
.*167
7
103%
192
28 %
64
.
" V
.
49%
49%
11%. .'11 %»"/.'.
.15%
•
30y4
.
/ ■
*107/ 7107%
"
-7170
'39
22%
22%
»22; : ; 22%v
*112% 114%
1083/4
82%
•189
.192
'
.
•102
180
1083/4
Z
.
.
-
•103/a.
17?;
;82%
,
mW:
10%
*40%
41%
Ip8% 108%
*167
•
115
30y4
<
148 % 1
15%
i
:
.107% 107%
293/4
:
>*38
22
♦113
.
170 ?
-
48%
*11%
♦102: ;
v
39
.
22
*22%;. .23%
:
114%
*167
♦189
pi
>107
29
82%
■
23
*112
107'/a
.*38.
22
.•»
>22%.
.
f
,
51%
July 12
Transportation
16
y
15
<17
Dee
Nov
May 29
107
Amer
10%
14 y4
5
Jan
/
Deo
12 y4
Jan
67% May 29
78
1
General Bronze Corp—
1,600
22% Jun
v'
Jan
47a
3
54% Jan
1.66%
preferred
8%
2
17% July 23
50
Investors
Apr
26
22% Mar 13
12y4Jan
5
1
preferred
21
July 24
General Baking
0
7 $8 preferred—......No;
per
4,100
196
3
ho
Co
$4.50 preferred
Gen
1.400
21%
3
15% May 28
8% Feb 26 Z ■1/ H7a Jan 29 '
19/ Jan
2
17
July 24
100
y
127/a
12%
*193
"
conv
Amer
10% Jan
I
20; 7
(The)
Container
o%%
Gen
2.400
607a
Co
conv
Gaylord
:/:/■:
12%;
4% %
•
3.800
109
-i
mmmnn
Gar Wood Industries Inc
ZZZ/Z 10
Z
60
(The)
Gardner-Denver
200
Zr'
19%
/ 20
:
21%
Feb
105% May 15
(Robert)
preferred
Galvin Mfg Corp
5.000
>
•10674
196
21%
I per there
47
7—
;,
Inc
300
"ZrZZ,
123
:
Co
100
20
60%
♦193
196
196
2174
1207a'
:
*,
6%
1.600
58
193/4
20
60
,
123/4
/196
*193
.
217a
*114%
207a
*1063/4
61
*6072
117%
19%
Gabriel Co
400
•
147a
*577»
20
117%
v
21
>
57 74
10
preferred
cum
Galr
10.000
m
23
'/Z 1474
143/a
197a
4It
;
2.000
177a
*20
!>'* 23 ::f
2374
1474
v.:
•
147a
*1778
*21 '//•
57% •: v.:;.r 5774
1974 Z 20
2074
12%
196
21
*5678
■■■
120
>
*106 3/4
109
147a
Z
20
*193/4
20%
23
14
ZZ
177a
*20
233/4
567s
19%
2074
1774
203/4
*23
Z:
.14
57% Z Z.'Z.v- 567a
*56 7a
vZ;
18
*20
-
#p erthare
'
Highest
G
14%
103/a
20%
':
•-
Year 1945
Lowest
Froedert Grain & Malting Co Inc_l
Trailer Co common
1
670
14%
247a
Range Since January 1
Fruehauf
2.3C0
1474
20%
Bun for Previous
STOCK
Preeport Sulphur Co
Si'-'K>
v
YORK
•ZZy'l'"yy'::''' Z-;7'
777 7" 800
108% 108%
NEW
V.//;,:-:,//.EXCHANGE
I.200
42%
•
107a
*2374
/ 14
42
108%
207a
17%;
<
21
21
423/4
fy
1474
sfZ
*20 7a
18
55%
*553/b
>
Sharet
i
1074 Z
1474
.
103/a
the Week
21%
41
108%
.
14
,107a
Sales for
Aug. 9
I per there
55%
21%
413/4
108%
Friday
;
,
974
Deo
.
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 12, 1946
NEW YORK STOCK RECORD
HIGH SA|,E PRICES
LOW AND
Tuesday
Monday
Saturday
J per share
9 pet
V--
39
Aug, 8
-
39%
;
i
*62%
65%
,,*64%
66
>97%
99 L
30%
*97%
30 3/4
39%
37
•29%
•
38%
31%
31%
15%
48%
8%
*8 3/8
•105%
20
8%
51%
8%
523/4
9
*105%
106
106
42%
44% Apr
Jan
14
92
Jan
16
29
Mar 15
99% Apr
373/4 Jan
♦105%
Stk
247%
94%
37%
993% 100
7%
7%
>
>
•
G5 ^ '
36%
-■
36%
Steel
v"'.
7%
4 Va %
134
7
-
36%
134
47
47%
37%
7%
134
134
7%
135
4%
.
483/4
119%
120%
119%
120%
118% 119%
116%
118%
118
121
122 Vs
107%
107 Va
108
109%
109%
20%
107%
20%
120%
120%
120
107%
20%
20%
119
119%
*66
69
*453/8
46
593/4
•66%
60
42
•39
203/4
21
31
48%
♦167
17%
46%
;'
w-
115
124
*59%
♦111%
61
*155
11V*
17%
107
>1133/4115 ;;
137% 138%
17 Va
107
51%
;
*113% 115
*113%
123%
123%
60%
*111%
112%
*111%
*150
180
*150
122% 123
60
„
48%
47V4
48%
29%
Silver
30
No
*60
61
*111 %
312 Va
165
49%
31%
,
:
123
33%
29'A
♦31%
32%
1*121
33
29 v
32%
123
•121? v
33 V4
32%'
62 Va
*61
*45%
46%
46%
46%
46%
22%
,
22%
22
22 Va
•21%
30%
*29%
*29%
30
,
.
*29%
62%
*60
62
•i
21%
57%
21%
v
;*44
21%
/
>
48
*62
•
*62
*23
:100%
39.
973/4
110
40%
4%
4 per
share
;/
I per share
AND
HIGH
Tuesday
Aug. 6
r.
SALE
t per share
63%
—
conv
A
ci
4%
28 V#
28%
59 Va
12%
10% /108A
57%
57%
57%
35
:
*28 /
<S H)
353/4
,593/4
36
,
,
96
*2013/4
•
96%
2033/4
96%
u
96%
*201% 2033/4
58 3/4
42
34%
13
34%
34%
*95
*120
30Va
■
96%
96%
Gas
Light
*2013A 203
196
66
39
*23
39 Va
106%
23%
*40%
107
Corp
22%
23
'
165
66
66
%
53V4
For footnotes
see
page 843,
96%
35% NOV
X49% Nov
per share
8% Jan
*
7
i
5
Liggett St Myers Tobacco———25
Series B—4.
Preferred
—No par
Lockheed Aircraft Corp
Loews
823/4
303/4
Lone Star Cement Corp
—No par
Long Bell Lumber A
No par
Lorillard (P) Co—,————10
Inc
1% preferred
Louisville Gas & El A-
65 Va
Louisville
39'/4
Lowenstein <M)
4%%
Lukens
>,
533,4
♦109%
403%
165
&
cum
»———100
—No par
50
Nashville
& Sons Inc
—
ft
Forbes.
preferred
.—
66
Mack Trucks Inc
54
Macy (R H) Co Inc
110%
4%%
i
pfd series A—i—100
Steel Co
MaeAndrewi
6*
i
No par
^
29%:
653/4
•10% July 25-
4
July 11
49% Jan
3
26
July 24
10
July 24
49% Feb
58
20
30
July 24Jan
3
Jun 19
88
Mar 13
-11%i
4
Jan
3
47
63
34'A
*40 Va
64 '
July 24
13 ' July 24
39% Jan
3
"5T
—No par
Liquid Carbonic Corp—*—No par
3%% Preferred
100
31
♦160
5
No par
Lion Oil Refining Co
,
4
61% Jan
——No par
Link Belt CO;
26%
196
7
Jan
194% Jan
-
Lima Locomotive Wks
26%
Highest
t per shore
86% Mar 15
tfcMMlrWi
583/4
35 Va
$ptr share
2
43% Jan
37
$ per share
Year 1945
9
Libby McNeill & Libby
1193/4
•
Lowest
26?
41%
/
Oct
50%
3
26 % Jan
Lire Savers Corp new
95%
Mar
112
7
30% Feb
13
*106% 107
53%
110%
Dec
Nov
Dec
40 % Dec
19
2
—5
68
•
*1093/4
-1
(The)
41%
293/4
40s/4
*160
July
Corp———No par
Libbey Owens Ford Glass—No pat
Stores
38Vs
/
Nov
67
Range Since January 1
Lowest
Highest
pfd
No par
2nd pfd——-No par
65 Va
v
40%
106%
'•!.
35
44% Jan
1st
Lily Tulip Cup Corp
•195
66
40
106%
3
pat
823/4
29
Dec
Dec
1% July 25
44
Jan
3.
30 Va
/v
196
51
33% Jan
1
34%
28-3/4
3
26
30%
*65%
Jan
34% Feb
5
52
35
28 3/4
Apr 15
107
10
33 3A
96%
*118%
*194
28 3/4
65%
2
Apr 22
26"
L+i
Rubber & Tire_—
60%
♦201%: 202%
29%
*194
25
26
No par
58 3/4
26%
Feb
May 22
32% Jan
Co.,—..^^. —4
(The)
Lehn & Fink Prod Corp
95%
82 :
26 Va
9
9
Feb 27
FW
Lerner
12%
35
29
.
17
'
Shares
*66%
30%
34%
82
>
1
28
Range for Previous
35%
•95
M
123
3
Jan
28
STOCK
28 Va
33%
953/4
34%
J
163
Aug
19% July 29
par
59%
58%
41%
i
54
15% Feb
new—
& Co—W»
*50
•
3;
35
——Ifl
35%
*28
'
60%
12%
34%
953/4
6
Apr
34% July
283/4 Feb 26
EXCHANGE
Lehman
28%
35%',
59%
12%
953/4
4
50
Mar
86% Feb
—100
Co—
50c non-cum
'
•34
2
par
10
No
preferred——
$3 non-cum
10 3/8
57%
313/4 Feb
1173/4 May 21
24% Mar 131
pat
Lehigh Portland Cement—
25
Lehigh Vallay RR
L*
—50
Lehigh Valley Coal
—No par
Non-cum
preferred
50
11%
*27%
2
50
1
preferred
Co Inc
NEW YORK
Lee
57
*10
■
10
Lehigh Coal & Navigation Co
13%
28%
1
70% July 19
49% Jan 30
34
1
No
prior
the Week
67
4
July
Dec
58Va Mar 13
Sales for
Aug. 9
46
.11%
125
STOCKS
Friday
tper share
123
Dec
4% %
I per share
141
31
Kreseet'8 8)
Aug. 8
Dec
Dec
483A Dec
39%
6
35%
Koppers
86
♦40
5
Feb
53% Feb
Bryant--——.N0 par
AVm% Preferred -.t.—
———50
13%.
Dec
42% Feb
148
108
Lane
45%
11%
1273/4 July 22
I
Lambert Co
*66
Nov
5
May 6
203/4 July 23.
Laclede
•
Dec
99
Kimberly-Clark Corp
Kinney (G R) Co__
47
49%
•78
343/4
9
48
$5
Thursday
f per share
49 Va
3
114% July 31
preferred-—.106
Dept Stores—
10
(Julius) & Co
5
PRICES
Wednesday
Aug. 7
-
Jun
167 Va Apr
153
Apr
non-cum
Kress
LOW
July 23
1
i
—.
Kroger; Co /(The)
Monday
Aug. 5
133/4 NOV
45
100% Aug
11% Feb
63
May 31
115% Feb 15
Kresge Dept stores Inc
Saturday
Aug. 3
1003/4 Dec
Deo
193
15% Apr 22
1
——100
CJass -B.*
40%
-
13
11
24% Jan
■
40%
108 3l2
108/2
•
K
63%
Jun
Apr
July 16
59% May 29
Kennecott Copper—
97%
393/4
39%
*108 &
47
6
102
202
No par
Keystone Steel & Wire Co—No par
58%
63%
' 23%
Dec
150
Kelsey Hayes Wh'l
21%
47%
473/4
-
63%
21%
57%
Dec
147/a
& Johnson
12%
2nd preferred ser A——100
Kayser
30
21%
58
573/a
23%.
/ 23%
*99.
58
12 Va
87/s Mar
108
Kaufman
21%
6% Mar
2
3
1
Kalamazoo Stove ft Furn
47
16
60% Aug
pfd—_100
—
Oct
13% Feb
40
July
31% Feb
148 / Jan
'
109%
20% Feb
250
Juii
40
Kan City P -St h pf. ser B——No paf
Kansas- City Southern—pat
-
'■
3
ino-k.^—pa*;
Joy Mfg Co
33V4
Jan
9
2
Chicago RR stamped
100
Jones & Laughlin Steel
No par
6% pref series A————100
106 3/a
1C4 %
&
4%
Vv46%; >48%
May 23
26% May
4
55 % Jan
20
—
.
.
preferred
Dec
Nov,
112.
8
Manville Corp com—-No par
3 % % "preferred ^.-^—---^—100
Preferred called
;_i——
w
i
Jollet
*106
293/a
4%%
101/4
57
8
Johnson
♦165
49%
29%
32%
123
*61
60%
112%
i
t
Jan
Jan
34% July 23
233/4 Mar 13
No
19% Dec
8%
373/4
48% July 24
No
11% Mar
3
383/4 July 30
19% July 23 t
—
Feb
May 28
Aug
Johns
*126%.'.127%
*106 5 106%
29%
32 Va
124%
60%
49 Va
*31%
124%
*150
106%
♦121
«
1133/4
6
Jan
166
59
109 % Aug
43% Jan
.•
jersey Cent Pw & Lt i%
140 Va
124%
*111V4
165
29%
1133/4
139%
125%
22 Va Feb
.11% May
104%
3
123
July 24
19% Mar
-
Nc
new
;
44% Jun
53% Apr 16
132% Apr 16
106% Jan 21
preferred
Jewei Tea €0
6
3
17
July 10
110% Mar 13
No
Jacobs 4F L) rn
58%>
140
,123%
v
112%
*106
v
17%
107%
125%
60
47%;
107 Va
*106
30
115
;
107%
♦54%;
v
139
138
138%
*123 V128
;
.56%
17%
107%
*54
1.
18
Jun
103
preferred
International Shoe--—*
17%
107
51%
Aug
54
115% July 26.
—-
Foreign share ctfs
*59%
107
July 24
35% July 24
(5%)
Dept Stores—
Intertype Corp
*
Island Creek Coal
112%
*29%
45%
2
30
393/4 Mar
Interstate
180
*106
called
Va Apr
133
International Salt-*
7%
'
48 "
5%
Mar 13
7
Intern'l Telep & Teieg——No
107%
128
29
5
95% Jan
$6 prmtmrrmA
54
10
-
preferred--
International
.17%
*123
129
123%
21
69
30
86% Mar 25
———
conv
3
Jan
190% Jan
*
;
.
54
l383/4 139%
♦124
:
-•17%
56
*1133/4
5%
47%
107 %
107
*53 %
*167
No
-
-
$4 preferred ——
•—Nc
Inter Rys of Csnt Am——
-No
121
45%
Harvester-
195
preferred
Preferred
;37%:
31%
>30
173/4
107
453/4
59%
37%
49
-
♦20%
*663/4
13% Jan
Nc
.
39%
20%
20%
20% / 21
■
38%
,
124%
*120
21
Aug
9
7% July 23
International Paper
39%
21%
38
20%
120
69
45%
59%
21
303/4
20%
493/a
1233/4
2
73/4 Jun
45% Mar 14
105
-
Preferred
123
107%
120%
4.9
July 24
17VaJan
No
Machine
22% Jan
182
.
9
May 20
151% Jun
39
International Mining Corp—
Int Nickel of Canada.*
—Nc
137
47%
7f
36
168% Mar 22
/
-
Int Hydro-Elec Sys class A
International Min & Chem
36%
47%
47%
120
:
Preferred
37%
100
36%
363/4
143/4 Aug
preferred-
Business
25
16% Jan 28
43 % May
2
129% Mar 22
--—.-—No
Int'l
12%
100
26 V4 Feb
No
new
Interlake Iron—:
,
8
93/4 July 23
Corp__
International
100%
Co
No
1933,4
12%
37%
36%
7
193
RR
Intercont'l Rubber
247%
12
*99
36%
15%
193%
11%
7%.
36%
3 6 3/8
83/4
15%
*243
Co
Interchemical
94%
193
37%
100%
*99
15%
series A
Terminal
Inspiration Cons Copper
106
83A
247
94 Va
95
12%
,
♦133% 135
15%
192%
11%
12%
83/4
*244
247%
191%
194
113/4
36%
83/4
.
15%
*244
95%
193%
i
15%
153/4
*243
9
ctfs
—
Insuranshar,*s Ctis Inc
-
$ per share
15
85
$per share
23
45 Va Jan
July 24
'
*8%:
$ per share
Mar 13
Inland
20%
; fclghvil,
) lowest
May 22
Co
.Indianapolis Power & Lt
No
Industria Electrica De Mex, S A.
Industrial Rayon
8%
52%
8% .r
*105%
106
8%
15%
42
19%
51/
•.Year 1945
;
Highest;
RR
185
41%
&■
51%
:
63
RR
ingersoii-Rand———
No
6% preferred—————
*.
41%
:
,
32
Oential
preferred series A
Illinois
■'?*;
19%
41%
;
Leased lines-4%—————
140
*179%
,
38
6%
;
10%
140
Lowest
J per share
Illinois
49% ' 50%
142
185
20
51
49%
*138
Range Since Jan u a r y it
■
Idaho Power Co—
15%
*179%
Range for Previous
STOCK
Shares
:
31%
14%
10%
YORK
EXCHANGE
30%
97/s
'
*48% ! 49%
19%
NEW
;
.
i;
14%
41
Sales for
the Week
38%
31%
*179% 185
J per share
39%
9%
141/,
,
99
36%
*138/
Friday
Aug, 9
'
$ per share
tper share
$ per share :
share
'B^-r ■ STOCKS
Thursday
,vV Wednesday
^^
Aug. 5
Aug. 3
pfd series A—.
——10
•
July 26
July 25-
273/4 Feb
26
32 % Apr
20
24
273/4 July 12
115% Apr
42 %
25
Feb
28
190
r
31
68
61% Mar 13-
32% Jun
Dec
*32% Nov
3
Dec
Nov
'
Deo
21
104% May
Oct
32%
25
Feb 27
Jan
Dec
66%
24% July 24
186 •/
Dec
37 Va
32-% July 24
64
Jan
3
9
-17% Jan, 3
36
Feb 27
154% Jan
5
63% July 23
44 % Feb 20
1087/a Jan
18
Jail
39
Deo
•*.
Jan
155
May
47%
Jan
72
28%
147
3IV4
Jan
106%
Jan
52
110%
Dec
Dec
Nov
164 ~ Number" 4515
THE "COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
LOW AND HIGH
Tuesday
Monday
•
^Saturday
:
SALE PRICES
STOCKS ■■"■••■•■ •■V':'.',/
Wednesday
^ThnrsdayY
Aug., ,7'.
Aug. 8
■//Friday
■
'
-Aug. 5
AUg.
/>
V
6//{/'
.
:~t per-share
t per share
.;'•••
.
$ per Sharp
M per
'■
8ale«for
:/•
share
Range for Prevloan
,.?v:
r-..; '• :*••'• NEW YORK STOCK
Range Since January 1
Lowest
Highest
the Week
Aug. 9
Sharp$
Sper tharp i
$ per tharp
t per tKare;
'
161/2
-4S::'-BTOCk>;:
,
EXCHANGE
23'/2
•
*21
22
40
,40
;
9%
*143/4
14%
49>/8
111
393/4
26JA
26
67% >673/4
*363/a
387/4
35
*202
205>:
617/a
9"/H
9 V2
9%
5,300
14%
,14%
26%
68
; 205
110 7/4
*109 »/4
»62%
110%
*109%
151/4
14%
14%
14%
51%
51%
*51
51%
115
61%
-
'
.
111
39%
39%;
67%
•
Marshall Field & Co—
•
'
Martin
57%
57
36%
35%
No par
500.
Master Elec Co
;
Mathieson
Wks_
*201
205
:
62%
39
36 /
/
63%
63 "
*112
115
♦112
57
57
56
351/8
35%
35%
x,
;
63%
*109%
115
2,100
:
205'
*109% 110%
15;.x
*517/B
523/8
52
36{
-
*202
-/•15 V
15
*114 Vn
115
114%
?-
40%
40%
38%
38%
54
54
49%
37
35%
3,200
15
;
.
■
-115
'
300
517/S
517/a
10
0
41%
37%
41%
V>37
53%
5.4%
.,v>53%/;i8J:%W
49
49 %
413/8
115 i-
40%
40/
,
,
<
29
32%?
32%
33
26%
26%
26%
104 %
-*106%
26 3%
104
.105
»55%
56%
49% : 49%'
:
*106%" ip8:
29%
105%
29
33
v
*53%
108
49% v49%
'
:
*
"•
/
29%:
323/4
...
29%
323/4
32%
32%
-1.600
.
*
26%
26%
"
*26%
105%
105 Y'YlObMr
;
56
56
56
56%
56%
56'/a
57
57%
57%
58
57%
58
29
29%
29%
30%
30%
30%
Mead Cbrp
92
87
87
87
873%
92
92
29%
30%
47
451/2
65
65'/4
66
28%
-
.
29
•
•
L
,67
%
-
•47%
663/4
66
-
*1097/4 HOI/2
1107/2
30%
;
46%
•
v
*90
18
50
Jan
28
*47 '
50
;66-
,
109%. 109%
V
30 <"
29%
*47% / 48%
:rv
67
109%
67
109%
:
:
55
118
67
.
*109%
1.800
31% Mar 22
Co
11
23% Jan
Inc__
24
Feb
65% Deo
19% Jan
32% Dec
3
41% Dec
104
56% Jun
10
Jun
109% Nov
27
Deo
»
Sep
13% Jan
-4
30% Dec
-Deo
17% Jan
12% Mar
25
Jan
14% Mar
29% Nov
643% Jan
87% NOV
33% Mar
30% Apr 22
9
56% Aug
8
59% Jun 28
•
7
45% May
105% Aug
56
Aug
7
Feb
25 '••
22% Mar 14 Y:
47% Deo
35
35% Jun 10
105% Jun 10 S
32% July 9
52% Apr 2
26
Jan
2
Jun
21
106% Jun
12
110% July 19
51% Feb 26
108% May 10
12% Jan
3
61% Jun
3
113% Apr 18
18% Feb 16
-•■
59
Nopar
Deo
Dec
Apr
36
43
Feb
Nov
36
$4
Jan 10
35% Apr
19% Feb 26
70
43*
.30% Jan
;193A Jan
70%
25
104%-Aug
i__l
£,
27V* Jatt
May. 27
Jan
3
—_—No par
pfd
cum
Deo
Oct
Sep
55
114
108% Mar 21
104% JUn
38
$3.50
Jan
Aug
110
•52
-
2
28% July 23
Merck«&
6
Dec
16%
Apr 23
69
No par •
•
53*%
1097% Nov
Jan
40%
May 31
Mar
•
;»48% Apr 22,
6
No par
200
110%
8%
5
Dec
May
71
Merch & Mln Trans CoJ
700
33%
195
43
2
Mercantile Stores Co Ltd
2.300
'{•
Jun
Nov
48
Jan
Jan
34>/a July
4
Jan
53% Aug
41% Jan
-
140
95
"
29%
-
45«/2
500
56%
27%
22 y» Aug
176 »/a
109f% Jan 14
122
Apr
9
33 % Mar
1 L
46% May 29
preferred xr—i—100'
4%
2nd preferred.——50
Melville Shoe Corp————
Mengel Co (The)
—1
5% conv 1st preferred„50
1
63% Deo
104>% Sep
26
;
1
^
243A Jun
Mar
May 10
17
Deo
46%
97/0 Mar
40
112% May 13
70
Deo
Oct
42%
111
i
,T
44%'-%
2.400
*1091/4
I
/
2.200
29
.29
..
Feb
Jun
$4 preferred ——_—No par
MoLellan stores Go
—Z
^1
Mcviuay-Norris Mfg. Co.,™.———10 /
•:
330; Y
•
287/4
283/4
'
5
Apr 18
48% May 28
38% May 29
203% May 20
8
48
—18
1.600
m
56'/4
.
;
McKesson & Bobbins inc
-
800;
29'/4
•
-
v •, «•,
26
111
!.I5
L
29%
563/4
47
*
•-
15% Apr
Jan
Sep
21% Jan
18 y4
2
30% Jun
26
Jan
39 7% Dec
7% Deo
11% Dec
18 3% Jan
Jan
109 J
75
50% Feb 26
108% May 29
13% Feb 26
McGraw-Hill JEub Go—__—No par
106 % 3,081
29
*87
■
J.1
Mclntyfe Porcupine Mines
2,300
1,900
567/4
/ *
v
McGraw Elec Co_:
>;v.v4o6:i:
:
541
291/4
*
-
600 >
40%
37 V •' 37*.
38%
V
.45% Feb
2;
28% Feb 36
.195
'
20% Jan 23
•
par
McCallCorpi.—1
McCrory Stores Corp„_
1
3%% corxv. preferred—-1—100
1,200
700'-
'
.
Jan
32»% Deo
Jan
7% Mar
67 7/8 Apr 24
112% Mar 25
;
108
*
35%
115
>
37%
29%
.
116
-
*40%
50
33
26%
*115
37
*106%
32
116
v
:
'
No
4
,
July 25
52% Feb
/ 34': Feb
—1
—
preferred-;——
—100
May Department Stores
5
$3.75 preferred—
—No par
Maytag Co
No par
$3 preferred
No par
v
$6 1st cum .preferred—
No par
800
.
Alkali
n%
:
10
110%
*143/4
54 y:
*49'/4
29%
*115
.40%
;
53%
.
108
29%
26%
,57 Y
35%
40»/4
.,'■
49%
*106%
56%
36%
115
i
par
Jan
Jun
3%
; 11% Feb
:
2
50
No
'
•
57%
;
Co
14
28
25
37
Martin-Parry Corp
Corp—
Feb
109% Aug
Masonite
ir\,'
:57%
*35%
(Glenn L)
39
——100
1
800 "
1,200
67%
39
xS
i
July 23
<14% May 18
0
No par
<*/*%. preferred
•
625
pet
15% Nov
24
Jan
-'8
5% Aug
;
;
,7% May
425 '
46% May 31
v
Deo
25%
Mar
17
May 3
16% Apr ' 8
26% Jan 14
36% Feb 26
Midland Corp——
.-5 ;•
Market St Ry 6% prior pfd.^—100 v
1,900
/
263/8' 263/8
.
•
I
.Marine
20
-
17% July 11
625
: 12% Feb 26
19% Mar 13
—5
—
Maiacaibo Oil Exploration
570
6,400
.
493/4
-
Manhattan Shirt
100
14%
49%
;
38%
35%
35%
62
52
,
■
*109%
40
38%'
110%
*112
■
112% 112%
'
T
-26%v 26% r
'68%; '68%;
-
38%
38%
34%' 34%
.*202
110
40 ; :
68
'
497/8!
110
40
157/4
*112
493/8
.
25%
-
■■■>.
143/4
49
111
39%
205
•61%
15
48%
40%
Highest
I per share
I per sharp
30% May 28
520
-—
9
1107/4
,62
39%
9%
35%
.
22
*39
.2,200'
•
38»/4
>'■
*21
5%
*39
•15% July 26
22 V4 Aug
6
Jun 10
Mahoning Coal RR Co«.———50
Manati sugar .Co:—;
—.—a
Mandel Bros.;—No par
•
1,600
5%
67%
34%
ia%
-
5%
i 26%
*37
353/8
*202
^
• ;■>
5%
•
„
67%
22
.
f-Y': \
v;
5%
*110
111
39%
39%
26
*2t;
-
'•
14%'
:
It
Madison Square Garden new-No per
Magma Copper—.^10
1,800
545
40%
*14%
14%
397/4
•«.'%
16%
22%., 23
*525
9%
49%
*110
13%
i';-5
543
5%
9%
48%
15%
48%
-SS :-'; / 23
*525
,
1.000:
•
*39%
Y:
5%
9%.
16
/Y82Y,
.*21
-
-
40%
K 5%
16%
13%
i 22
*39"
0'/4
*1097/2
13%
*21
.
57/4
15%
22%
23
->*525 ■; YC45-{<
<
545
13%
57/4
,
23
*525
545
137/4
133/8
/
16%
22*%
-i
*525
CLOSED,
;-',r
-
.16%
161/2
23
-
Year 1945
.
Lowest
77
May 15
■
567/8
56%
111
\
;15
401/2
.
55'/2
*48
17
*16 »/2
60
•
59
17
r
603/4
*59
60
-
117
53
54
16
.61%
.61
•*59%,
54
55
16%
16'/a
•118%
1197/a
*118'A
♦SO3/*
.40'A
*39%
401/2
393/4
103/4
11%
11
11
36%
37
*57%
,16%
*58
223/a
*38
.543/4
55
131
76%
131
<
-
6%«
28%
29
*37
•
56%
Mission
6%
V
56%
73%
76%
,
6% ';
:
;61
'
61 '■
;32% Jan
52 y4
Mar
Aug
26y* Dec
,
:a
<
V " 5% July 29
^22
Jan
124
52
.27%
*58
61
*517/8
-
52
..
.31%
31%
27%
30 3%
*58
20%
30%
,
58
<•
*57%
58
'21%
303/4
•,22-
%
58
cum
Morreil
506
30 3/4
*56%
$2.50
100
■'
*.27% 'T 27%
303/4 -303/4
.31
20%'
;:"*52'53 i
••'•28::/.f
28,
277/8..
58
59%
62
53
.
.53
277/e
20%
*58
59%
*20
<
*59
*517/8
61
*517/8
303/4
27%
28
•
Motor Wheel Dorp
Mueller Brass Co—
•>
100
53
:i
.50
Nopar
.No per
-5
—
Motor Products Corp—.
1,200
.
pfd—
(John) & Co
Jun
52 y»
Deo
36
Deo
47% Jan
Apr 22
49%
25% Jan
IO47/4 May 29
:
/
3 /
!7- ..Aug
.2 '
3
30% ApT
76
Deo
24% Deo
*106%
106% 106%
107%
*21%
21%
22
41%
109%
109%
16%
*21%
*109
*109
109%
...
*106
42
.1.
i——1.
*106
107%
107%
21
21%
700
41%
42%
3,800
109%
109%
17%
17%
18%
17%
18...
18
18
*46
48
48
48
493/4
493/4
*49
50
*48 V2
*63
65%
*63
67
-65 %
*63
65%
*63
LOW AND
*63
/, ■;R7 vj»referred x
180
203/4
<42,%
109% 108%
;
Miillihs Mfg Co class Br—
6,100
42%
.
109%..
i
213/4 / 21%
/203A;
213/4
*41%
42
,
106%
106
21%
413/4'.
41%
,21%.
50
.*
Deo
V 21
100
65%
Myers iF Eli& 3Bro,
'
HIGH 8ALE PRICES
,
36
61
23% Mar
31% Jan
-
Aug. 3
Monday
Tuesday
Aug. 5
Aug. G
.
$ per share
$ perthare
20%
Wednesday
Aug. 7
*38%
38%
377/2
38
27%
■
203/4
397/4
38%
CLOSED
27%
27
49
May
1141/4 Jan
16%
22
20
13
Jan
551/2 Feb
15
48 Vs
Nov
7
;
70;
Jun 11,
397/4
*21%
Y Y
^
16%
28
33%
34%
33%
34%..
*202
; >
30%
16%.
17%
41
277/a
v
277%
17
17
221,4
22%
22%
28%
28 i/a
343/8
337/8
347%
4,500
*2Q2
210
210
30
*28%
17
42
227/4
*202
173/8
173/a
177/4
42
43
42%
227/8
22 3/4
35
35
19%
393/8
397/a
39 «/4
29
30%
197/4
29%
32
39%.
28 7.4
29
30
351/4
40
29
39
29%
28%
;
303/4
;
,
35%
^20 7/a
K,
IO5J/4
*104%
36%
307/B
591/2
527/a
527/8
28
27 7/8
28
*104%
105
31%
170
170
96
.30%
20%
'257/4
25%
105
36
957%
*30
:
/
-26%
'
:
/
'26%
?,71%
/ 109%
*34%
*35
381/4
108 i/s
.
*53
.25%
168
168
32
57
11%
11 %c'
-511%.,:
•:•■
96%
%,
*1097/4
see
381%
*107%
-28
:
567%
*109
-
;
•44%
38%:
237/4
;;v
108%.
.28
56%
,22% 4227/8
1
,
<
H01/2
*12%
-
;.
■
*108
4 1097/8
>34/-
110%
112
44%
"55%' : ,55%
"22% -23%
>«'
v
->
V
23
4
129
"
National Steel DorpY.—-i———25
National Sugar Ref Co.
No par
3,900
1,200
National Supply
11.900
$2 conv
900
"■■'■
160
700
Nehi Corp—
347/2 Jun
32 3/8
V 27%
'
i
-
52%
125
A
•
' %
28;
> 57'
•22%
23%
•
<
—:
^
No
207
165
8
173
807/s Feb
Jan
32
101% Jan 24
;
53% Jan
Feb
4
8
Jan
4
■->'
<4%%
V 60
1.300'
2.300;
■u 200
-300
preferred
New York Air Brake
vNew Y6rk
Central—
.
No par
-
29 >
^preferred series A——100
Feb 26
Apr
9
24% Jan
4
53
July 23
22
July 23
104
'
'
No par
N Y Chic & St. Louis Co—i—100
-
Mar 14;
110% May 28
/ 40% Feb 26
-—100
——
Newport News Ship & Dry Dock—1
1,700;
107
—r—u--l:
^
x
108
Jan
Sep
Sep
leys Jan
25
Jan
35
Nov
Deo
Jan
:/•> 7*/4 Jan
65
Apr
22% Aug
59
Deo
21
-
33
14% Nov
85% NOV
36
15
Jan
44
Mar 13
120
Feb 20
15
Feb
32% Jan 30
79
May 22
108% Apr
33% Mar
1021/4 NOV
107% Deo
29% Deo
10% Jan
:
i
•111% Jan 30
60
Apr 20
45
Jun 27
109% Jun 19
34% Apr
5
/ 69% Jan
18
30
108% Mar
37
Deo
NOV
110
Nov
Feb
Oct
109
105% Jan
32
Aug
18% Jan
xl6% Aug
45
Mar
85s/4 Jan 16
21% Jan
6iy4May 29
Jun 10
103*% jan
135
61% Deo
Deo
106
32
Jan
Nov
28 3% Deo
Jan
35
>
14*%
10% Jan
15% Mar
103
6
437/4 May 24
110% May 27
Deo
263/4 July
2
2
Deo
24 Mi
•
24 % May 27
12Va May 8
24
July 24
No par
1
24
177
42% May 10
16% Mar 15
par
NOV
54% Nov
26% Deo
Jun
37% Dec
199% Deo
167
NOV
Jan
37
152
18
26 % Jan 19
preferred——;—
Industries:-.-—
106% Mar
38
Jan
xl01% Aug
Jan 29
30.0
Newnort
1
Apr 25
i—100
New Jersey Br & Lt Co 4% pfd_100
Newmont Mining Corp————.10
1,200
>101% July
25
32
3% %
72'/2 May 17
12 V* Jan 24
38
July 23
24% July 25
Jan
13
July 29
10
18 7/8
106
conv
26
'•_
Apr
May 16
41% Feb
4
'
{
9
4
293/s July 26
:
L
32'A Dec
195/s Dec
13
241% Jan
34
22% Feb 13
30% Mar 14
serial jpreferred—100
4% %
3
51% Feb 26
97/4 Mar 14
Deo
{ 41% Nov
12% Mar
1081% jan 24
40% Apr 17
May,21
Jan
Aug
331/4 Jun
12
Newberry Co (J J) commonJVo par
<
.4
"57
——
•
323/4 Jan
195 Vz Jan
Fibre Co_———1;
Co—
3
Deo
Deo
20 %
Jan
14
673/4 Jan 29
2
200
-
38%
108%
-.1
;
.—.10
40
-.100
Jan
103 3A
Co.——.———10
Nelener Bros Inc
~20
43%
*108
125/>:
Tea
26%
110%
38%
*59
preferred
Nat Vulcanized
Natomas
112
43%
-:
4%%
National
; 300
(The) Pa
preferred—-
900
1097/8
•109'A
•53%
•
;
12% :
109
23%
fe
x
48
No par
National Power & Lt—
:*70%r:'nt..'Y;Y
•
2
July 23
Aug ' 6
24% Jan
National Linen Service Corp.
1
No par
—4
2.700
•
4*33%v35% '
56% ' :
*511%
.*127
*26
44%
'39%.
55%
20'%
,12%
:
•'•*387/8
*108
108%
27%
28%
4
-
20
*108
351/2' i
*109 ;
45
381/4
38%
*107% 108%,.
/• 27%
;27%
.r
v
4*70%
'■
104%
*34,:35-Y'4
Y
30
:
National Oil Products Co
266.600
;
••
21%
1047/8
T
25%
.72
m
25%
96'A
'
:^26%:/27%'V:V
34%
Products .new—No par
Nat Mali & Sc'l Cast Co
200
12%.
21%
207/8 ;
13 :VL:
26
,
1.400
:
t430%V.31<V-Y?
20%
*109%
*1091/4 112
443%
,
V
/
1.100
34%
58
96V4
26%
■
26%
*53
' -54 X.;.-:-,53
: 51%
.1257/4.. 1.25 %.<-: -"126/,. 126
■•
page<843,
112
44 %/
1087%
r54
,,
31
22 LY
34%
108
.
97Va
30%
60
4.800
'
32
5
,117/e
104% 104%
36
4 35. r .-35...
3,5
110%:
34
*56
L
26%
:
31%
TV
21%
,
104%
*697/8 ,.71%
108%
v
1097/a
-.
348/a Jan
30
313/4 Apr
5
37
May 31
22 «/2 May
8
45'/4 Apr 22
4
*Deo
195
227/» Aug
Feb 26
24
{17% Jan
$4.50 conv preferred
No par
National Lead .Co————-10
7% preferred A—^—^-100
6% .preferred H-—«*100
90. L
34.7/8
207/8
12% .127/a.'
25%
;
170
32
20%
127/a
8.800;
v
.
*168
56%
Distillers
Nat Enam & Stamping
No par
National Gypsum Co.—.—.—.—__1
200
•
27%
20
34%
26
*33%
.
361/2
3«>%
^-1
32% Deo
X34%
Oct
13%
5
4574 Jan 29
25
193/s July 23
.1 *J
—
Feb
37
'
36%
34%:
25%
104%
48,300
/
52
:
IO47/2
21%
l
,273/4
•
204
30%
35, ::
20%
Nat
104%
97
>
2,000
.;■'•
•leVa July24
.
21% Feb
413/4 Deo
197/b Nov
20% Jan
181%
205% Apr
3
82% Aor 16
Feb 20
Feb 20
No par
—
23 7/4 Mar
2
Nov
373/4 Deo
9 % Mar
27
Cylinder Gas Co_
1
Nat Dairy Products———-No pat
National
Dept Stores new
5
6,200
;
32%;
xl ••■,:52:-;
58%
307/2
4' .71%,'
*34%.
.38%
4 *Jt25%-42,7%
-rYFor footnotes
.
20%
104%
12%
25%
*109
.28
.28%
*56J/a v'58
23
170
96
26
207/4
♦108
;
il0>/2
*1097/4 112
44: M4>/2 .457/2
..
25%
*70
•
•/
*109
.
96
29%
Corp—-10
25% Deo
;56
13% Jan
34% Apr 17
373/s May 1
26
193
No par
Register-
207/s May 28
28% Jan 29
Feb
34% Jan
30% Feb 26
National
204
'
*69
,
11%
1
12%
*108
•
,
32%
•*56%
403/4
Corp
National Cnntalner. .„'//
.
3,800
207
36%
t.
30%
35
,20%
.
8,000
Nat Cash
*204
36%
4:34%
,
105
207
3,400
:■
& .Share
Nat City. Lines Inc—L
',,
„;
preferred—-——100
Bond
National Can
2,000
5,800
■/
r
Nat
'
21.
.
:;20%
,104%
36
20%
*12%
170
32:4/4:
34
•4*56/4 : 594/x
11%
4 11%
,96%
19%
•
;
,
32
30%
36
*204
33%
-347/a
r59-/;
: *1047/8
-v.
207
32
*34
*1047/2
36%;
*204
170
V? m
27%
105
36
207
169%
■
277/0
39%
313/4
307/8
:/*51 V,,
i-
53
1047/4
36%
*204
,V
'*51%
277/2
'
197/8
29%
•
'
*51%
527/s
4;27.%.:f28%
.
22%
357/2
='7 %
<
500
y
423/8/
'.
_5
—4
National Biscuit Co common—-—10
16
.41% May 31
26
Aviation :Corp
Highest
9 per share
15% Jan
35% Jan
20% Jan
16 y4 Mar
15
52% Jan
3
23
July 23
16'A July 26
191/2 July 23
'
National
Year 1945
j per sharp
253/a Jan
8
32% Jan
/
National Battery Co
'
17%
22%
.22%
29%
Chatt
Acme
Nat Automotive .Fibres Tnc^i-w—1
•
•'•'s
29%
20
39»/2
"
210
30
19%
29%
,
;
700
17
.
38 3/4 Aug
St St. Louis
100
Co———.———!
National Airlines—
2,400
2,000
29%
33%
341/8
Nashville
"National
66% Nov
.
Lowest
$ per share
193/4 July 23
t
Nash->Kelvlnator .■ Corp—-J.—-B
;
10 /
167/a
32%
397/a
19
10,700
21%
19%
32%
20%
*28%
16%
2.17/8
29
22%
32%
.19%
31%,,
2,100 /
16%,
•
19%
30%
277/4
263/4
40'/2
22%
32%
S
27
*28 »/4
41%
21%
,
1,400
*202
.17
40%
22%
37%
;33%
.287/2
16%
417/2
22%
391/4
37%
<>277/2
210
28%
*383/4
38%
217/a
28 7/2
210
20%
38%
38
16%
-
221/4.,
,29%
29%
21'/2
38%
38'/4
27
29%
*202
21
397/4
i
Range for Previous
I per share
21>/2
Jan
.63
Range Since January 1
Lowest
Highest
Share»
115
Jan
21% Deo
52
Deo
109% Jun
2
Jan
:
60% May
,
Deo
109% NOV
97 y# Mar
1
EXCHANGE
37%
21
36%
22%
16%
S per sharp
Deo
18%
8
STOCKS
■■
Oct
47%
Jan
47 Vi Aug
NEW YORK STOCK
Sales for
the Week
r
*38%
27%
*22
$ per share
Friday
Aug. 9
Aug. 8
20'/a
21%
*38%
STOCK
EXCHANGE
$ per sharp
$ per share
Thursday
32 V*
9%
^
Saturday
33 3% Deo
4/27% Apr/24V
.15% July 23
.No por-
Dee
21% Jan
16
227/4 Jun 13
'109'% Feb V0
27
July 23
,
Deo
54
Deo
Mar
41
May 31;
66% May 29
108% Jun 27
—;iC
50
.
Jun
20
63%
29
34% Jan
36% Mar 21
I.prrieCTed'.;,,;-/' 'fi.v.-,.,;,,,,!' •„, lOO."',''
-Murray Corp of America
4% preferred
7,900
:
•
^U»^,ni*mNQ-parJ<;. 104%
Munsingwear Inc
—-..^.5; :
vMurphy Co' (G D) com^^-—i—_.l. ,"
121
17%": 177/s
i—w-l:
Jan
Jan .15
'
v
28% Feb 26
•44
Jan 25' ;
16% Feb 26
'
20%
62
56 "
4
25% Feb 26
Deo
57
Aug
9
135% Jun 17
f
Jun 21
47% Mar
•?
16% Jun
'
61
*58
*51%
Dec
37
45
23
Apr
8
23% July 15
July 25
July 26
13% Deo
7% Mar
22% Jan
57/2 Jan
Y16% Jan
36
' Jan
vJan
Oct
88%
109% Jan
24
52
-
160
42% Mar
70
July 29
71
v
MoorerMcConnack Lines Inc.—..10-
4,200
53
13
Feb
-
17% Jan
Feb 27
126
-Rights
236.100
't
9
63% Dec
Mar
73
Oct
26% Mar 18
21% July 23
preferred series A—NonparMontgomery Ward & Co
No par
Dec
36
>
Jan
'
X45
14% Nov
Jan
1
.
July 23
34% July 33
V
Dec
Jun
56
111
35
July
-93
'
10
No par '■
new—..
5 ;
Chemical 'Go
.
68% Apr
5
119% July 1
$ 117 July 22
40 % Apr 30
56 V2 Aug
9
? 19% May 28
11% Jan
3
Mar 25
117
July 11 • 129
44
29% Mar 13
May 31
$3.25
267.100
Li
6%
29 V*
...
:
100
:
137
173
51% Feb 25
—
Tool—r
Maoh
".Monsanto
2.500
V
132 :
29
iv
; Monarch
100
57'.
*127
-63/4
297/8
29%
„
400
2.100
*37 V ;;38% V
77%
,
1.700
:
Corp—..
Jan
106% May
77% Jan
25% Aug
37
1
45% May 13 ;
,62% Jan, 9 v
July 23
15% July 24
;
.Mo-Kan-Texas RlLiw-——. Jfopar
1
7 %' preferred series A
—100
/Mohawk Carpet Mills..
Mojud Hosiery <Jo Inc new
,1,25
1
134
76%
60 f
V
22% /22%
.
Nopar
Minn^Honeywell 'Regulator .^.——3
L
3.20% conv pfd series A—L—100
Minn Min & Mfg__
No par
Minn Moline Power Impl
.1
: x *$6.50 preferred—u—No pof >
40
2.600
37%
60
v;
•
567/8
*127
<
363/4
w'T
39%
,
.
,6%
5
100
:v
10% 110%
22 hk
76%
*59
28%
377%
593/4
22
66%
75%
2.900
-
40%
*393/4
11%
36%
593/4
:
134
-/■ 6%i
6%
28%
29%
55%
>40%
2.200
17
119 1:
"
38%
*'129
?
■
382
56%
17 >
*116
Nopar
Minn St P & SS M A vtc
600
45
156% Jan 24
>.
56% JUly!30
—100
Minneapolis & St Louis Ry
4001
1.100
119 f
56 v
•
17%
11%:
;
.
152
38%
75% "76%
>6%
58 /
r
22
*117 ?V
119
40
38%
58
613/4
r-
56
16%
113/a
"r
17
61 %
:
61%
17
31% Feb 26
No par
S% cum 1st preferred.
:
50
■
*115 /
40
166%
61%
•117%
55
118%
37
/
59
22%
38%
56 /v:
*37%
*129
118%
37
-
22%
117
17
i163/8
119
200
10 /
Steel Products^
Midland
■
61
*60%
Mid-Continent ^Petroleum..
4.300
'
16%
16%
533%
42
61%
17
117
42
Miami
1.700
*48
*165
—5
Metropolitan Edison 3.90% pfd—100
Copper——
5
81
::
15%
Machine Do
Mesta
700
1"
1113/4
*147/8
49%
61
117
111
42%
163/4
117
553i
55%
•>
>
,.
15%
166%
•164'
*60
601/4
.111
*48%
164%
17
117
54
*115iA
55%
.
413/4
49%
164
611/2
•
:
147/8
42%
*48%:
165
55%
111
15
41%
49'/2
165
55%
111
-
14%
41-7/2; 421/4
491/2 :
167 7/a
59
••'
111
IIII/2
147/2
147/2
40'/2
487/2
*165
55%
56
*111
111%
15
>
47% Deo
38% Dec
27% Deo
58% Oct
35% Deo
75 Mi
148
Jun
Jun
iTHE COMMERCIAL' ft FINANCIAL' CHRONICLE
Monday, August .12,194$
NEW YORK STOCK RECORD
HIGH SALE
LOW AND
Tuesday
Monday
Saturday
Aug. 6
/■;
Aug. 5
Aug. 3
f per share
*29
STOCK
*28%
,29 Y*.
*32
CLOSED
28%
28%
39 V :
28%
;vv>32%'::;;^9;^::;^
;
19'
18%
*45
128
•: 32%
30
113% Mar 18
1
28% Feb 18
45%
*45
46
260
126
33%
33%
33%
145/a
,14%" 14%
33%
14%
*114% 116%
,111%
111%
111%
111%
111%
43%
43%
43
43%
: 42%
50%
50%
50
50%
15%
15%
26%
27
111%
16%
15%
32
175
32.
107
84%
14%
14%
*111% 113%
26%
27
*21%
Edison Co
Oliver
30
*110%
111
4.40%
pfd
Corp.
4%%
100
108% Jun 26
No par
19% Feb
—
45%
Oppenheim Collins
35
35%
175
Outboard Marine &
32
27% Feb 26
110
July 29
xll9% Jan 14
100
6
100
14. July 24
115
Jan
2
85%
Mfg
2.50
Go
par
12.50
Owens-Illinois
66
Glass
36
Jun
177/aJan
3
34%
*22
22%
*22%
Feb 11
51% May 22
*118%
Deo
27% Feb 26
34%
Nov
39% Feb
36%
Deo
25
166
-
Jan
28
Jan
2
91
Jan
30
75"
Jan
7
1
2
120
2
180% May 7
35
Jun 17
111% May 29
100
Apr 0
*74%
7-7
*74%
95
44%
63%
44%
'2S
39.
cf/a
64
64
42
42%
155
41%
156%
*155%
157
*178%
179
*178%
179
7%
8
7%
28%
22%
42
8%
179
29%
,
7%
*27%
8%
8%
42
Deo
46
NOV
£60% Oct
42%
157
8%
*27%
89% NOV
65
179
Deo
23% Nov
44%
157
7%
7%
28
8%
9
42%
Dee
79% Deo
39
65
*155% 156%
*178% 179
7%
*27%.
39
44
Deo
32% NOV
77
36%
Deo
168
23
77
Nov
18%
143/.
23%
Dec
119
18
32 V* Feb
10
Outlet
107
Jan 19
29% July 1
22% Jun 14
Elevator com—par
83.
preferred ui,..
«no
175
*30%
112
21% July 19
Qtis
*102
26
20
par
pfd
convertible preferred
Omnibus Corp (The)
8% conv preferred A
*45
85%
14
Ohio
Ohio Oil Co
Oklahoma Gas & Elec 4%
22
fe 15% :.15%
*116% 117%
35%
*30%
36%
8%
44
*29%
'
45
*100
82%
*28
111%
43%
30%
111
*174
15%
111
433/4
45
107
,
27%
A 1113/4
34%
175
15
143/4
30
44
,23%
33%
33%
116%
27%
110%
35%
*74%
19
3
"14%
*15%
15%
*116% 118
117
81%
Feb
128
*114%
*111% 113%
26%
27%
21%
21%
111%
*30%
Aug
413/4 May28
May 3
76
207/a
30%
f100
7
16%
27%
*174%
.
Jan
259
'
33%
43%
22%
35
•'46
•
257
*127
18
,
50%
113
117
•.-*45
57
,19%
14%
111
.43%'
'r
*50
18%
v
116%
27%
27%
27%
20%
*42%
-•
*114%
14%
26%
15%
325
106% Apr
258
27%
111%
28
109
*125
26%
30%
Jun
109
18%
129
14%
27%
275
109%
-260
116%
*21%
325
260
14%
•111
*315
*127
33%
16
320
'
*114%
•
37% Feb
40
75
*114% 116%
33%
;
,
Highest
*32%
264
v
•
# per share
*67
128
263%
*126
27% July 17
24% Feb 27
:
'
18%
45%
265
28%
1
share
109%
46
'264
*126
28%
per
40
75
109% 109%
18% ,18%
*109% .109%
Lowest
f;'.j
320
-
320
*300
320
320
Range Since January 1
Aug. «>
# per share.
28%
*32%
*67
i;
Friday
Aug. 8
t per share
70
'
EXCHANGE
Thursday
Aug. 7
I per .tftart
29
*32%
39
79
Wednesday
{%$;':■■■:/
$ per share
I per share
PRICES
149% Deo
175
29
Jun
10
7%
Aug
32%
8%
Dec
Deo
12
-f{
18%
18%
•17
48
49
*108%
108%
9Ys
,
48%
*77
81%
36
*110
38
48%
49
5%
.
V<
1
29
Deo
20
Deo
49%
X39% NOT
108%
9%
111
9%
80
*77
*110
115
110
Oct
14%
115
Deo
z80%
80
"
Deo
110
37%
38%
37%
80
79%
79%
July
38%
78%
,
j''
18%
17
108
79
5%
18%
n-:17
*77
115
37
•77
78
.5%
48%-
80
37%
*75
17%
*108
108%
9%
9%
9%
*77
115
*110
49%
9%
18%
*17
*108% 108%
9%
t
18%
17%
f'
73% Deo
44%
45
45
45 Va
5%
45%
45%
45%
46
32%
39% Nov
32%
32%
32%
32%
32%
33%
33%
30
Dec
18
18%
17%
17%
17%
18%
18%
17%
Dec
17%
18
17%
18%
17%
18 %
17%
177/a
24% Mar
17%
*76%
.
78%
5%
'77
♦76%
50%
51%
40
40
77
50% ' 51
39%
*11
11%
26%
*38%
*114
*11
26%
39%
22%
36
*37%
48
59
♦108
109%
*28
?•>.%
32%
31%
21%
35%
36%
*47%
109
109
48
58
,
37%
40
116%
21%
37%
59
*11
27%
27%
*114
22%
48
.
39%
11%
27
116%
.
58%
*107%
108 7/a
28%
28%
$£B7%:&3235»
51%
v
40%
,
5%
5%
5'%
5%
77
.
72
Deo
May,
52%
40 '
11%
49*%
Deo
17%
Jun
28%
37%
33%
Deo
30%
113
Apr
24%
Dec
*114
116%
21%
22%
36%
37
*47% 48
60
60
109% 109%
28%
28%
Deo
46% NOV
NOV
49
46
Deo
96% Nov
.43%
NOV
31%
32%
31%
31%
31%
32 Ys
38% Nov
26%
26%
*26%
28%
*26%
28%
43%
*124%
125 %
*124%
128 %
*iooy4
101
*36%
*98%
38'
381
JJOT.V- 108
11%
/Saturday
Aug. 8
f per share
> • T>»r f hare
,
14%
STOCK
p*r
14%.
share
14%
74
116%
i 41%
Deo
108 \
Mar
13
Deo
+39
40
108
12
12%
S per
15
12%
$
Friday
Sales for
Aug. 8
Aug.»
the Week
per share
*14%
9 per share
15
14%'
15
■
Tear 1945
Lowest
9%
1.400
75%
73
75%
75
76 Ya
41Y4
40%
41%
74 Ya
76
40
40%
5.000
743/4
73%
41%
42%'
73%
72%
72 Ya
7.500
113
1133/4
72 Ya
42%
73
42%
72
CLOSED
75
*113
114
1133/4
1133/4
28 s/e
113 Y4
287/a
28 3/8
28%
28%
283/4
*313/4
32 Ya
*31%
32 Ya
313/4
31%
28 Y2
31%
1183/4
1183/4
118%
1183/4
119
119
119
15 Ye
15%
15 Ya
153/4
15%
163/a
32 Ya
32%
,32%
32%
32%
46%
♦111
47%
114
32%
47%
*111
105
105 Ya
*105
473/4
•111
48 Ya
113
*105 Ya
*31
106 Ya
32%
32 Ya
46%
32%
125 Ya
*31%
125 Ya
68%
*28
*33
33 Ya
31 Ya
33
33
*108% 1.09
*108%
*135
•
12
12
*100
101
n
Ya
23% ; 23%
i
•111
*105
*,„■
*135
233/4:
♦208
213
41
31%
33 y4
333/4
*108Ya 109
•
12
115
12%
>
,
23
*197
*4.'
*208
41 Ya
213
41
*22 Ya
.
41%
'
327/s
6.200
69 Ya
*28
*33 Ya
*108
12%.
,
11%
213
*208
29 Y4 Nov
117
Aug
123/4 Aug
122
Apr
19% Nov
56% July
74
113
107% Sep
31%
34 Ya
109
12
Jan
59%
II
Jan
35
25
41% '
16
Feb
Sep
11%
Dec
Dec
Jan
20%
Dec
23%
Nov
15%
Jan
25%
Deo
190
39%
41%
10
163/4
108%
126
85 Ya
213
30Y4
37% Nov
Jan
105
Sep
118% Aug
8Ya Mar 11
23 Ya
41%
10 y4
16
"Jan
205% July
44 Ya Deo
v
15% Deo
117% Oct
69% Jun
91
Jun
12%
Jan
Jan
99
140
J-
Deo
6 Ya
8%
Mar
49% Mar
89%
106
i
68
Feb
21
Jan
Jun
198
Jan
22
12%
19%
.11
20%
22 3/e
*53 y4
193/4
29
29%
54
*52
53 Ya
20%
283/4
*20%
21
29 3/a
-
23 Ya
22 Ya
56
64 y4
643/4
56 V*
58 Ya
•53 Vs
65 Ya
2 3 3/a
553/4
66
'
*102 Va
For
footnotes
see
page 843,
104
*102 y4
39 3/e
40
39-%
104
39%
:'
58 Ya
60
*102%
103
393/4
4OY4
Dec
Deo
F-V'V.l. V\.rv0.
198
*51
Sep
Apr
124
Mar
44%
v
1
Deo
34% Deo
Dec
14% Jan
111
70
16%
*133
44%
313/4 Mar
323/4
125%
10
89
Oct
29% Nov
*197
140
115
Jan
Jan
106 Ya
41
*133
71% Deo
25
233/4 f 233/4
23
40% Deo
Jan
21% Jan
100 y4 100%
23
36% Deo
Jan
106%
3.100
47%
*135
*197
*208
-
*313/4
.
23
80
7,300
113
*124/
70 Ya
*100% 101%Vv- *100 V* 101 Ya
23%
24
•
:23%
23%
24
—
*28
».
12.
23
*197
69 Ya
33%
<.
32 3/4
*123% 125%
*108% 109
•
*11%
12%
101
101%
*22 y4
*313/4
106 Ya
47%
19% Aug
600
16%
15% Nov
57
16.600
1193/4
16%
31%
*33%
109
*135
*119
325/8
70
*28
119
16%
32%
*123 Ya
68'/a
150
283A
31%
?
1 per share
Jan
25
380
114 Ya
28 %
31%
*105
106%
125 Ya
127
*113
283/4
31%
32%: 32%
47 y4
473/4
*111
113
.113
67Y4
*125%
16%:
114
73
Highest
I per share
Shares
74
74 Va
41
/
EXCHANGE
Jun
taage for Prevloua
Thursday
share
*14%
14%
119% Nov
100
*107
11%
Jun
126
39
tow AND HIGH 8ALB PRICES
Tuesday i.; in /Wednesday/./
\ Aug, 6
Aug. 7
Monday
Aug. 5
0
%
100
108
*107
11%
* 124
100
43%
Deo
Jun
Jun
Deo
.Volume 164
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4515
NEW YORK STOCK RECORD
,
Saturday v:. '-V
Monday
Aug. 3
-VVV Aug.
9 per share
STOCK
26Va
:
112%
118% 119
CLOSED
•
129
"
'
61%
i
"
"
62%
'27%
^
;
129
113% 113%
,
-
A
10ft'
•
27%"
*112% 114%
37%
37
;
;
,
26
26%
107% 109
112% 113
t
119'
121
V- 128% 128%
.
112
■>$*;■;*
,
> I per share
26%
107
EXCHANGE
•A.
Tuesday
-ov-. Wednesday
Aug. 6; VVvV'. Anf.
9 per share
.
STOCKS
LOW AND HIGH BALK 'PRICES
v
v
*113% 114%
60%
61
27
.27%
'*112% 114
36
36%
Thursday
Aug; 8
■
• per share
I per share
.
25%
26
25%
108
109 / / 108%
112% 114%
114%
121% 122
' < 121
v 129
129
;
128%
114
*113% 114
607a
617a
61%
X27
277s*
27%
*112% 114% A , *112%
36%
36
I
26
25%
108%
115%
122%
114
:
129
/
115
'
,
*112%
37%
7ft
13%
137a
887a
89
89
217a
217a
2174
*10974 110
467a
46%
37%
loo
*37%
37%
24%
2474
24%
*108
111
106%
22%
*
27
•108
f 111
♦1087a 1117a
39%
Y 22%"" 23 7."
•
*96
97
105
''V—.
\
,111
.
97
• ■.
a98
27,020
•
"
4674
45%
„
-.909
*32%
32%
18%
18%
187s
18
18%
18
1874
12%
12 Vo
12%
127a
127a
12%
1274
9.900
17%
377a
11%
127a
17%
127a
177a
17%
17%
1774
1774
177a
177a
1,000
37
3774
14,700
♦115
1167a
36%
363/4
118
36%
*115
116
116
37
377a
118
•115
277a
28%
*106% 108%
29
3774
38
116
:
116
1087a
*106 7a
33%
347a
12474
207a
20%
3374
50
!
Saturday
*.
Aug. 8
,
1077a
317a
1874
18 Vt
9%
27
367a
1217a
21
20%
20%
427a
*48
367a
12174
427a
43
507a
*48
10874 10874
31
3174
18%
97a
267a
400
557a
600
31%
30%
31
30%
30%
;
LOW AND SIGH SALE PRICES
Tuesday
Wednesday
Aug. 0
"
Aug. 7'
9 per share
56
2.200
297*
297a
307a
4.900
1147a
1474
927a
58%
9574
587a
16.200
57 7a
30%
30
3174
64
64
'
*34
35
11
10
43%
10%
43%
1974
21 ;
^18%
19%
207a
19%
197a
*110%
207a
197a
44%;
327a
16,000
647a
637a
6674
3.300
347a
35
31
*974
;
-
:43%
500'
447*
19%
21%
4374
2174
2174
; 1.600
1,600
197a
197a
1974
197a
2.900
1117a
*110%
1117a
25%
21,412
1117a
*110%
♦1107a
2674
25%
257a
257a
25%
35%
34%
3574
3574
3574
3574
32%
32
31
32%
2974
2.300
89%
.*84
3074
897a
2474
500
82
120
80,
,-*84
897a
*84
24%
37
2474
81
81
37
,
2474
80%
*2474
35
36
10
10%
49%
50
*53% J 567a
187a
187a
49% :
*53%
18%
2474
♦81
367a
9%
0%
97a
49
*84
(24%
*81
38%
974
507a
50
-
57
*56,
20
20
18%
:77
♦197s
207a
23%
23%
♦23
70
47%
48
*56
70
*77
77
78%
57a:
417a
18
/
•182
185
.
6'
18
57a
527*
2.400
58
*56%
.
77
207a
.
20
185
500
20%
2.600
24
,
71
x47
47%
330
400
11.500
3,400
;
A
—
377a
37%
2,800
307a
3.200
61 '
60%
59%
583/4
5874
5ft
8374
827a
827a
83%
95
95
92%
T2
22
■
9
4574
46
114% 114%
.
,
104
2974
23%
10074
24%
1003/4
2074
2074
24%
100
-
2074
47
♦114
467a
463/4
113%
*112%
4774
3.100
400
*46
287a
48
25%
*100
20%
29
-
253/4
25.500
2,700
477a
1,100
477a
•1147a
467a
47
130
129
129
129
135
136
*137
137
137
5774
4674
767a
4674
767a
2874
♦106
1874
*52
/
577a
46%
7674
28%
108
28%
18%
53
For footnotes see page 843,
*106
187a
537a
4674
46%
*113
1147a
497a
503/4
*128
132
,
113% 1137a
507a
517#
.
58
597a
1377a 139
587a
597a
46 3%
477a
X463/a
4674
767a
7774
28%
28%
*106
108
777a
77%
287a
28%
18aA
19
*107
187a
*52
108
197a
533/4
4.000
100
20% Jan
54
37
- Jan
19% July
110% July
8% Mar
—_
__
,,
!
547a Mar 13
4874 Mar 13
- Feb
26
81
Jun 28
.
9374 Feb 28
$6 prior preferred——No par
$7 prior preferred——No par
21.100
37
Feb 26
627a Feb 26
«
20% Mar
108
6
May 7
.
3
27
13
17
18
15
474 Aug
20% Aug
407s Apr
155
Apr
26% Jan
17
Jan
38% Jan
;32% Jan
64% Jan
80% Jan
11% Jan
674 Mar
77s Jan
July 16
.
.
i
-
55
May 13
1157a Mar 21
.60% May 28
135% Apr 5 *
149% Apr 6
59% Apr It
4974 May 31 >
78% May 13
July 11
108% Jan 17
30
177a July 24
25
July 30
56
52
1
8
247a Apr 25\M;:: — r —..
55
May 10
/ 39
Dec
116
Mar 9 / 107% July
18% July 23
12
3
28
26
26
29% July
13% Jan
80
Feb
32 - Mar
27% Jan
397a Apr 10 J 12% Mar
109% Api 10 •
76% Jan
July 24
2074 Feb 26
11074 Apr
30% Jan
114
Feb
125
Feb
42% Feb
—,
—
51
May 24 V
40% Jan 30 :
27
:41% Feb 26
,
—
May 13
104
33% Feb 21
No par
Aug
48% Jan
.
a
30% Apr 23
27
927a Jan 14
407a Feb 20
Jan 31
15
27
11
15
15
137« Jan 29
3
9
July 23
157s Mar 5
112
22% Jun
Feb
May
July
May
Jun
Jun
90% Jun
96
Feb
3
Jan
-
41% Jan
59%
193
397a
33%
70
65
May 9
Jan 11
Feb 26
84
.
1874 Jun
3
874 May 11
6078 Feb
5
1574 Mar 14
57a July 23
307a Mar 2
19
•
Sep
Jan
Mar
May
Jan
July
Aug
Mar
Jan
Feb
Aug
7
91
Jan
' 55% May
108
July
48
May
Feb 20
Jan
7%
16%
12%
74
13%
69 24
5%
32%
30%
147a
277a Feb 16
24% Apr 17
667a Jun 26
51 ;
175
3374
22%
32% Apr 18
40% Feb 16
3974 May 11
917a May 18
2674 Apr 29
87
May 16
4374 Jun 3
147a Feb
6
567a Jun
3
61
May 31
2074 Jan 11
857a Jun
Jan 28
45
Jun
4
104 /• Jun 2L
34
107% Oct
113% May 8
3
July 24
22% Jan 5
.
ap£femd
Jan 28
7
19
No par
Standard Oil of Calif
—No par
14,500 .■ Standard Oil Ot Indfffna——23
16.600
Standard Oil of New Jersey
23
3 200Standard Oil of Ohio——10
3,200
Berle8 A——.100
3.000
Standard Steel Spring
1
200
4ft conv preferred —
—50
18
:
23
267a Jan
2
23
Jan
4
77
Jan
2
20
Jan
4
66
Jan 4
2774 Feb 26
9% Aug 6
4174 Feb 26
38% Jan 8
177a Feb 26
20
400
Jan
110% July 31
Standard G & E Co $4 pref—No par
1.000
64
May 8
347a May 29
116
Mar 30
.
Socony Vacuum Oil Co Ino
15
South Am Gold & Platinum
1
Southeastern Greyhound Lines
5
South Porto Rico Sugar
-No par
8ft preferred—
.100
Southern California Edison
25
Southern Natural Gas Co——7.50
Southern Paciflo Co
No par
Southern Railway
No par
5ft non-cum preferred—100
Mobile & Ohio stk tr ctfs
-.100
$4.50 preferred
3
k per share
,
No par
Standard Brands, Inc..——No par
J
Year 1945
I per share
.
No par
No par
10,500
•
3
»
„
Lowest
,
Squibb (E R) & Sons common
.1
$4 preferred—--—-.iNo Par
•
aa
967a Aug 9
61
July 11 3 x42% Feb
Aug 7
110% Jun 28 j;
2878 July 30
3774 Jan 16
/ 29
Not
62
July 30 ; 777* Feb
8
65% Oct
26% Feb 25
1 39% Apr 18
22% Aug
.10
Aug 6 V
17%Feb' 8
7
Mar'
36
Jan
2
49% Apr 9 :
35% Oct
18% July 23
2374 May 11
—
207a July 8
2274 July 11
-18% July 2ft.
24% Jan 17
17% Mar
53
107
———
50
Jan
127a Jan
767a May
-1
Iron
;
52% Jan 3
247a Feb 26
—
70
115
*127
56%
3.800
1007a
203/4
k
per share
lis
Spear St Co
1
$5.30 preferredMo par
Spencer Kellogg St Sons
No par
Sperry Corp (The)—
1 ; Spiegel Ino
——2
Conv $4.50 preferred—No par
Square D Co
5 : K'
2.200
287a
24% Mar 14
Spalding (A G) & Bros Xnel,,/.
1
Sparks Wlthington
No par
*99
4674
287a
.
Mar 13
4374 Mar 13
—
1,000
190
•20
4574
4674
3.600
9%
*112%
a
9,800
,
800
21
4674
;
61%
22
*99
47%
2874
29
247a
25
100
1007a
207a
20%
.
*20
104
*4674
:
22
9%
2074
9%
' 20%
*99
*92%
9% July 25
25
No par
32.700
3074
92%
.
•
100
♦3774
58%
2
&
Smith (A O) Corp
10
Smith (A) & Sons Carpet Co—20
^-3 7a ft cum preferred——100
Smith & Corona Typewriter.No par
1,100
*
38%
83%
18
2274 Mar 11
A14 i Feb 20
26
Feb 26
No |>ar
$1.20 preferred——
2
Feb
——No par
13
100
30
'60
43
:—No Par
Sinclair Oil Corp
Skelly Oil Co
;
Sloss-Sheffield Steel
16.700
77
37%
A
:
2
10474 Jan
Shattuck (Frank O)
No par
Sheaffer (W A) Pen Co-—JNa par
Shell Union Oil—15
Silver E3ng Coalition Mines
5
Simmons Co
No par
1.800
307a
61
377a Jan
Range for Previous
Simonds Saw & Steel
187# ,187#
78
55
185 V
:
1137a Jan
•1974 July 24
_B
1.75
pfd
-
58
187#
30
;
106% Mar 11
31
July 23
No par
Sharon Steel Corp
Bharpe & Dohme
$3.50 conv pref ser A—
4.600
507a
20
29% Jan
2
1107a Jan
4
187a Mar 14
100
64.50 preferred
3.500
10
*70
41%
533/4
547a
54
38
974
507a
*1057# 106%
40%
40%
17% " 18
57a
674
53
537a
48%
17%
57e
52%
377a
51
^
July 23
Jun
"Range Since January X <
Lowest;;.,
Highest.:;
Shamrock OU & Oas—
___
38%
97a
*23
10674
'
-
•81
*23
70
54%
2474
2474
2074
4774
*40
*84
897a
82
18%
20
2374
26
78
•
106%
54% A 55,;:
•182
77
„
477a
6
54
18%
1
1067a
106% 1067a
*40
41%.
17%
18
a
v
1.800
3274
357a
32%
35 V*
3274
,
;
;
25%
3474
110% 11074
cum
7
12 a
17'
Seaboard Air Line ctfs w i__No par
5ft preferred series A w i
100
Seaboard Oil Co of Del
No par
Seagrave Corp—-•
8
Sears Roebuck & Co
No par
Seeger-Sunbeam Corp
—.-5 '
Seiberllng Rubber Co
1
Servel Inc common—,—
—.1
^20
2574
447a
19 V"; 19
1574 Jan
.
24,000
197a
21
X44
/
207a
197a
,
200
^ 10% j 10%
19
,
$3.40
40
*10674 108
30%
■
•
35
257s Feb 26
: '•
5ft preferred—
,
Savage Arms Corp—
Schenley Distillers Corp
Scott Paper Co
500
*34%
64%
•
*34
•10%
107
3274 Mar 13
;•
'St Joseph -Lead—10 ;
Safeway Stores
5
5.000
8974
109
27% Jan
7
2074 July 24
9574 July 16
#
130
147a
*113%
: 14
*107
Mar 19
i
Sheret
*113%
-
95
100?
,
6 ;-:
5
2174 July 23
106% Jan
4
EXCHANGE
297a
I
Not
Aug
NEW YORK STOCK
114%
56
SO
July 23
46
•
Sales for
Ipsfihar#
*55
24
49% Mar
—5
„
,
the Week
29%
1574
,
Aug. .9
$ per share
I per share
112% Not
3
50
5
.1
FHday
1137a
109
Ruppert,. Jacob—.
2,100
a,
May '
23% Jan
3
Jan
50
„n.,, ,.
STOCKS
:;v:;-85:>:i^53:C-a-:54%
56%
2.800
10
97a
Thursday
:f Aug. 8 ;
,
69
:
31
97a
106
397a July 26
Ritter Company
;
No par
Roan Antelope Copper Mines—.—
Royal Typewriter——
-1
Ruberoid Co 'The)
No par
100
55
1474
19%
3.600
35.
"267a
97a., 974
Jan
65% Oct
24% Dee
7
2174 Jan
—
10
Preferred 3.60 ft series-—..—100
Rheem Mfg Co—-,————--———!.
Richfield Oil Corp
No par
3,400
187a
35
55
56
20%
19%
3274
187a
36%
3174
Feb
37
1
25
Common
20
27
8874
437a
,
•
300
*5374
89
587a
30%
10874
*48
,
5,200
•26
15%
64 a
43%
507a
27
88%
*107
900
55
15
*56
*357
974
21
*10774
32
187a
37
2.030
187a
3174
1874
♦35
50%
10874
50
5.100
35%
121
43%
118
Jan
15% Jan
3
10974 July 16
t
Republic Pictures
50o
$1 conv preferred
10
Republic Steel Corp_
No par
6ft conv prior pfd ser A—
100
Revere Copper ts Brass
No par
5 74 ft preferred
100
Reynolds Metals Co
No par
5 % ft conv preferred—————100
Reynolds Spring—-i——————..I
Reynolds (R J) Tob class B
10
200
1077a
*207a
Not
xl«8% Not
July 23
87
Republic AvlftHftn
2.900
2ft
3574
121
v.Reo-Motors; Inn
6.200
9%
♦2574
31%
a
35
-
10874
700
;
*53
a
55
2974
297a
1137a 114
;•
1087a
42%
30
*34
Monday
Aug. 5
54%
*106 7a
10874
9 per share
9 per share
1087a
36
12374
34%
'
9%
i
•1067a
20
*50
18%
6474
31
!
28%
•121
*107
37
*26
1
2974
21
42%
3274
32
18%
*35
287a
43
507a
50
:
108% 10874
2874
123
♦20%
43%
427a
♦28%
34%
*121
•121
33
; i7%.:':i7%-
'
287a
•
•
17
Deo
138
Jan
121% Jan
112% Oct
47% Jan
101% Mar 8
32%
*32%
Mar 19
13
105
*102
110
17
1177a Feb 15
697a Jan 15
28% May 28
115% Jun 13
38% Feb
4
>
3274 May 16
Rellahle Stores Corp—
No par
Reliance Manufacturing Co__No par
Conv pfd 3% ft series—.—100
f.
1,700
12%
,
Rayonier Inc
$2 preferred
1.400
18%
<
■
70
108^
39%
39%
*22%; 23/
32%
«
<
-"
■108
23%
♦96
96%
45%
45%
*102
105
49
105
*102
•108
3974
23
97
447a
45%'
44%
♦102
39
Jan
27% Not
110% Deo
126
H
4ft non-cum 1st preferred
^ 4ft non-cum 2nd preferred
Real Silk Hosiery
a ''Preferred.
'
'■■■
-v
Reis (Robt)is Co 1st pfd r
700
39%
23%
97
.
107
3974
'
200
27
108
No par
Reading Company.--.,... .......,—50
1,100
-
50
40
1097a
*108
3974
1.500
•48
27
a
preferred
150
$ per share
Jan
102% Feb
106% Jan
Jan
2
1397s May 10
20
112% July 25
57
July 24
197a Feb 26
Ralston Purina Co 374 ft pfd
100
Raybestos Manhattan
-No par
2,100
2574
Jun 20
119% Jun
—No par
4
2.400 a
2774 ' 277a
3774
3774
*38%
50"
<
'
"
38
111
*48
*3874 :: 40
*104'
;
115
17
126
Radio Corp of Amor
No par
83.50 conv 1st preferred—No par
Radlo-Kelth-Orp' ^um
1
900
,
10
11574 Jan
Highest
I per share
10
July 18
No par
—No par
100
Quaker State Oil Ret Corp
40.400
110;
110
457a
47
267a
27
30% Jun
100
1
Pure Oil (The)
22 500
137a
887a
3
104% July 19
Pullman Inc__
conv.
2074
1097a 110
7 447a
46
26%
267a
*26
137a
137a
137a
23% Jan
Year 1940
Lowest
I per share
100
preferred
Purity Bakeries Corp
90
2074
9 per share
Par•
Pub Ser El & aas pfd $5
38
207a
*887e
:
preferred.
8ft
:
4,200
v
Range for Previous
Range Since January 1
Lowest
Highest
'
110
11.500
•37%
VAAv
v':,
.
5,400
27%
113%
114%
36%
;
;
62%
61%
27
2774
,
EXCHANGE
670
460
410
10Q
,
129%
*114
62%
'
;
:•
Pub Serv Corp of N J com—No par
$5 prelerrea_________-No par
7,100
*
A-
■
NEW 'YORK STOCK
00teft
.36.460
;
:121
121
.
129%
114%
26
108%
114%
'-/
:VV'
Shares
-
'A-
■
the Week
I per share
108%
<
Sales for
Friday
.-••.Aug, 9
Feb 16
4 v,;
Jun
28
111%
2%
67%
78%
38%
33%
56
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
19% Aug
105% Deo
9% Jan
—
Highest
■■
$ p*~ share
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday,; August 12, 1946
NEW YORK STOCK RECORD
Tuesday
Monday
8atu.rday
# per share
:
t ver share
I per share
■
i:V.Awy.6:7:,;:
Aug. 5
Aug. 3
51
50
'50
55
53 V*
§4%
22
35 Vt
35%
*21%
21%
20%
20
$
34%
•,
18%
♦
11%
18%
19
30% >v
31
30 %
148,':-; 148
•144 ■
49%
30%
•
>
50 %
50%
♦45 %
45%
"•
66
*62
38%
38
34%
33%
*97/8
64
; :
Studebaker Corp
1.300
Sun
50
72%
*71%
55
*43 ya
*22%
.13%
30%
13%
Sunshine
30%
superheater
30%
.No par
106
.too
par
.64
.—100
117
Inc
Jan
23
.
26
110
18
Apr
Co
14
17% Feb 25
t'l'he*—„
of Calif
1
27
Jan
24
Nov
33%
Dec
18%
109
Jan
Deo
Deo
109
57
Aug
119% Oct
73%
Nov
127 Va Mar
5% Aug
Dec
9%
8
Apr J8
10
Mar
25%
Deo
July 24
-35% May 29
22
115
Mar
160
Aug
33
Dec
79
Jan
137
Dec
Corp.
36
Mar
23
Jan
40
Deo
Paper Co
38
Jan
21
55»/« Apr 18'
31
Aug
24% Dec
41
Feb
26
76
7
17%
Jan
62
Dec
30%
39%
Nov
Superior
Steel
Sutherlsnd
66
Sweets Co of Amer
38%:
swift
34%
Swift International Ltd
33%
8ylvania
iThe>
C0-_.
5
5
37% Mar
—
May 24
52 y2 Aug
4
Jun
8;,
41% Feb
5
36% Jan
28
41
.
31% Mar *8 5
28% July 24
107
Jun 24
Elec Prod's Int
'.
11
Feb
Apr
31% Mar
'
38% May
29
Apr
43%
Nov
*7%
Jan
13%
Dec
17%
14
Dec
10%
13%
Dec
109
12%
t$4 preferred----*.-.,.—..
Symington Gould Corp
:
12%
11
109% Aug
9
16% Jan 28
July 24
22%
19% Dec
66%
62
Dec
10%
Dec
15%
16 y4
53%
31%
31%
21%
21%
20 ya
59
55% NOV
43%
31%
*57
43%
'
59%
*1% Nov
31% Nov
24
*18%
59
.50%
.
Mar
Dec
109%
109 y2
23%
23%
53
♦23%
24
83
53
18%
18%
52%
18 %
r
52
.;
*23%
>23%
?
18%
1.52% ; 53
■
24
52%
18%
52%
18%
52%
51%
*23%
.
53
.
18%
;i8%
51%
52%
♦23%
25
24%
9%
9%
9%.
*112%
113%
*20%
'21%
54%
.
1
110%
24
52%
413
113
2Q%
20%
52%
53%
20%
24 y8
*109
25
\9%
9%
112%
20%
,
Jun
,
♦23%
112%
66
Dec
61%
53
18%.
51
50%,
25
9%;
r
21%
9%
"52%
24
53
38%
.51%
51
66% Nov
112% Nov
9%
X23%
24
^09%
♦109
109%
23%
53
59%
110 %
*51
24
23%
54%
Dec
15 y«
19 y4
9
50%
23%
24
:
110%
8%
8%*
87/a
25
9% '
9%
112% 112 %
64%
i9y8
19%
19
112
53%
?
67
/*1I2% 113%
'*20%
21%
53%
54Va
66%
*
67
67
65%
105% 105%
20
65%
65%
105 y#
*104%
105 y®
105%
105%
21%
21%
21%
&
r21%
21 y4
63J/a
63%
63%
'Hi
*62%
19;/:
63%
19
20
63
19%
65%
♦io4ya
21%
60%
;
Dec
18% Deo
1* * Dec
•§9%--60%
,
Jun
60%
24
;
52%
66
18%
Deo
53%
♦111
53%
Dec
vOct
,
8%
Dec
25%
28%
24
14% J4%>
*50%
Oct
Nov
.22
May 28
56 Va Aug
45
18 % Nov
May 17
'
Dec
47'
106
18%; Jan;.,.-
123% Mar 25
1
'-
*
Highest k
10%; Jan.
78% Jun 10
■
■>■'.
Jan
10%
13
23% Apr 17
38% July 1
24% May 28
/
Feb 26
Feb
;
t per there
Sep
16
39% May 13
7
Aug
■;
•
34% July
101%
26% May 31
Mar 18
.
34'
May 10
109% July 25
Jan
8
July 23
Feb 26 '
44% Apr
Co
Oil
■
83
Yeay .1945
Lowest
$ per there
53% Jun' 14'
'
7% Feb 26
Mining
46
51
9
Corp
Biscuits,
Superior
147
*45%
■-
Oil
52 %
*142
46
109
,
19 Va
*21
18
f 52%
32%
,
60
•
Sunshine
Sunray
34%
"
112
•109
56'%
31
3
16% Feb
38%
38%
34%
33
33%
*108% 1.09
11%
12%
.
14
23%
125%
ii y«
45%
17%
60
ii
147
(The)——,
Co——------>•
pfd (4%% cum)
56
♦123:
26
Corp
Class A
18%
66
60%
17%
*18%
7.?00
Chemical
11 %
*142
u;:
60%
•111
72%
Feb
24%
'21
18%
26%
—
$4.50 seriesi A preferredBun Oil
56%
17%
44
60%
23%
60%
.
31%
125%
II
.55%
"18%
21%
54%
Webster-—
v
•
4 per there V
20% Feb 26 '
preferred
prior
<sz
6.600
'22y4
54%
'317/a
21%
5%
19
9%
/31%
Stone
400
108
16 y4
16
53%
4.600
18%
*60
22
65%
'
20%
32 Ye
there
41% Jan
Corp
Camp lnc
*107%
10
'21%
Stokley-Van
i
21%
20%
41
Stewart-Warner
19%
51
32%
♦21%
20%
•123
65
108%
12
'
11%
21%
4 per
•
Highest ;
105% Jan
—
108 %
17 y8
*16%'
-
108
11%
1.600
**4 ^
35
32%
-Lowest
L
(Thel
.3% preferred
2.300
?4
34
45%
65
38%
33%
Btamtt Co
■'
21%
Range Since January 1
,
.'.'7.
Sterling Drug Inc common-
200
21%
52 4
51
45%
34%
32%
32%
33%
108
108 Va
11%
-
500
2.800
.109
21%
22%
32%
,
50
38%,.
38%
'
109
108%
125%
66
34%
,
54
;■*
;:.;u.Bwige ior. Previous
STOCK
»
•71%
45 %
45 Va
•62
49%
54%
49%
50
109
YORK
EXCHANGE
Shares
# per there
•
64%
'
22%
54%
18%
"
148
'54
•*'49;5;
11%
55%
19
30Va > 30%
147
147 \ :
54%
*49%
•108%
78
.
*123
11
125%
11
53%
19%
'
19
*71%
11%
54%
10%
54%
the Week
I per share
.
NEW
Bales for
Aug. 9
20 %
21%
20%
31% 32%
18%
187a
*108% 109%
78
71
•123
125 V*
♦123
18%
Friday
Aug. 8
4 per there
49%' 49%*
53% ' 53%•108% 109
21%
22%
i ■ 34% ,35
*21%
20%
108% 108%
73%
:
.
32%
18%
:
Thursday
Ai»g. 7
>
21%
20%
31%
19
109%
73%
35%
'
21%
19%
32%
32
•108%
'
*108% 109
•21%
81%
108%
21%
S
,
:v
51
54 V\
108%
•
STOCKS
SALE PBICES
Wednesday
LOW AND HIGH
19%
.
20
59%
20'/a
19%
;
59%
*19
19i
LOW AND
60V2
.
f *104y4 105%
49 Vo
"
STOCKS
PRICfeS
HIGH SALE
Bange for Prevlooa
'
Monday
Saturday
•
Ang. 3
Aug. 5
tper there
$ per share
there '
$ per share
$ per there
68
17%
66
18%
*66%
,
$ per
17%
-37%
111%
Ili%
112
112%
36%
37
112%
111%
36%
111%
37%
,
♦112% 114 r#k
*108% 111
*109
*106% 107%;
26 y4
27 y8
111%
111
,
112 y®
; 112
1H
111
*106%
107%
26%
107%
26y®
26 y4
146% 147%
148
116%
149 y4
148%
*115%
116%
38%
38%
39% ' 39%
25%
39
'>54*
"
54%
-
5
Union
4%
39
48%
55y4
80%
•79
81
60
$3.50
♦32
33 Va
11%
5 ?
49%;
32%
5
-
.
49%
11%
5Va
Q
;
;
;
•
49%
13%
>
14y8'
14%
is
92%
:
92 %v
96%
49%
18V4
*17%
54
53%
*53 y®
53%
51%
51
51%
:
24%
25%
24%
24%
24%
■:
63
63%
62%
62%
62 y4
♦108% 108%
,13%
13%
*108%
108 y8
15%
15%
27%
27%
106%
106%
20%
20%
119% 120%
•202
54%
>10 y®'
»106Va
204
*202
*43
44
23%
io%
-
118
>
54%
10%
*35
.
•'
54%
204
44%
,
54%
10%
51%
51%
United
Fruit
24%
24%
United
Gas Improvement
62%
63
United Merch & Mfrs Inc com
"
108%
13%
13%
15%
:
.
;
54%
10%
10,
U B Sc Foreign
27%
107%
24%
10%
;
<
80
61%
(-14
62%
14%
72%
171%
59
•">82%
v
73 7/8
172 ;
59
52 y2
*75
61%
:>43
55
,•
U
24%
U
19%
25%
10%
24 y4
*10%
.
14%
73
72%
172
171%
-v
58%
58%
83%
89%
89%
90%
83%
87%
♦161%
163%
*161%
26%
26%
26%
*52
15
10%
*53 y4
22%
:
15%
7%
15%
118
10%
■
'
14%
73%
90%
163%-
26 V*
V
;
7%-,
7%
15y4 -15%
"
118
*112
10
4% %
^
''
'vJ'
Foundry^^^^#-—.-20,
&
10.
14%
O
>
173
84%
-
88%
162%
26%.
*52
v;w
U
61%
*61
84%
'
90
'
163
26%
53
7%
15%
15%
118
237/®
13%
10%
23
'•
14%
105
104
105
*191
196
*193
197
43%
*98
-
43%
99
—
1st preferred
,No par
300
S Tobacco Co——
.—No par
1%
non-cum preferred
23
S
Steel
Corp
common
U
———
Stookyards Corp——
—l
United Stores $4.20 non-c 2d pfd_5
United
v
51
12
preferred-
Pictures Co
preferred
Inc
May 22
13% Jan 29
44
Jan 29
25% Aug
8
11% July 23
Nov
NOV
115
Dec
115%
Dec
34% Nov
55% Dec
12%
Dec
39
Deo
16% Dee
100
60% May 31
26
,
84
Apr 24
67% May
5
13% Jun 13
17 y4 July 1
64ya Mar 4
80
Apr 22
July 22 ? 187
Feb
6'
58% Aug
6 '
84% Feb
6
82
Jun 18
89
Feb 11
79% Jan
3
97% Feb
6
,
166-
154
Jan
166
21
26
May
50
Jan
6.
4
7% July 24
-13% July 15
•38
?y*%
;
Mar 13
Feb
41
1
Universal
62
2,
5
60% Jan
106
conv
July 24
,10% Aug
No par
United Wall Paper Inc——
2
4%
cum conv pfd—
—-—50
Universal-Cyclops Steel Corp1
Universal Laboratories Inc
1
Universal Leaf Tob—
No par
fl<&
preferred
——100
$6
*23
23
U
Co
non-cum
Preferred
*7%
*113
10.
100
8 Smelting Ref & Min—
50
Preferred ——————50
Rubber
47% Apr 20
.
9% Mar 14 *
34
4
26% Dee
28
107%
v
72%
22%
"tV'V
14%
*10%:
843,
—**~-40
—
72%
S
Feb 26
13% Jan
pr«ferred
'•
14%
*53% ;:55y8
For footnotes see
page,
Chemicals——No par
8
6%
11
47% Mar 13
Co——^,-No par'.
cl A—.—.—No par
73%
173
173
26
5,
Plywood Corp-,—
\
U 8 Realty Sheraton Corpi; ^; it
107/a
44
'
-
<
U S Pipe
U
61
56
95%
Mach Corp—
U 8 Playing Card Co«
.79%
♦102%
43%
95%
Hoffman
*
*53%
,
S
U .8 Lines
56
15%
y®
204 y4 Mar
Par tic & conv
XV
60%
26%
53
*51
Jan
U 8 Industrial
25
79%
62
85%
88%
26%
72%
199
U 8 Leather
•:>33%;:"54%;'
797/e
59%
"
162%
163
61%
14%
172%
172
59*84
53%
7%
*113
14
13%
53%. 53%
*76
preferred—7—.——.100
U vi
35%
;>1Q%
15% July 11
18% May 17
July 23
Feb 20
.1%
■'•. 44-,-:"
35%
-
76% May 22
Y ,110 Jan 23
108
65
36%
79%
-
Dec
Dec
20
204/
54%
11 ii
61%' 62
72%
*170
83%
*77
61%
52 y2
32% May 29
109% July 2
29% Feb
2
132
May 29
*202.
*10%
53%"
53
53
79%
Jun
16
21% Feb
3
U 8
Nov
Jun
4
U 8 Gypsum Co
Dec
Dec
5
17 y2
Jan
,19%
Dec
13
14%
Feb
119
19%
Dec
82
88 y2
23
*110
20%
40
50% Nov
106
19
Dec
Deo
Dec
36
paf
-—-—No par
Freight Co——.——No par
8ecur^-j-,«e-No
$4.50 preferred
''o
*79
—
62%
38%
120
8
;14% July 12
27%
Dec
45% Ndv
28
6
United RexalJ Dfug, Inc——2.5Q
•106%
Nov
112y2
56
Jan 28
53% July 1
30% Apr 10
6
15 Ya
27%
54%
47% Mar
106 Va Mar
13%
25
•
;
Co—13%
1
—100
18
May
16% Jan
3
15%
—•
Jan
100 Va Aug
45% Mar 11
50
July 23
-23% Jan
3
*13y4
107%
27% Dec
151
56% July 25
v
9% Mar 13
27%
20%
3
Mar 13
preferred
United Paper board,
15%
117% 117 %
*202
.204
*43%
44%
5
:—No par
Co new.
5%
108%
*108%
*35%
10%
36
23%; 24%
>10% 11
19%
119Va
44
Engineering A Fdy—
*106%
108
19%
119
Electric
United
64
Highest
tper share
I
17% Apr 12
7% Jan 29
40
3
16% Jan
United
53
Jan'28
:91% Apr 23
71% Mar 16
Coal Cos
17%
53
24%
9
54% Jan
8
57% May 10
26
4%Jan
"47% Jan
12
*17
62
Feb
,
--—.100
—
37%
119
107/a July 24
COrp
—
17%
*108%
.
26%' 27%
27%
108
118
35%
m io%
-15%
ia'19%>a9%
11
35%
23
.
26%
United Dyewood
Preferred
53%
51%
13%
15%
49 y4
15%
100% 102%
100%
24%
•
*108% ^108'/®
13%
United porp common—
$3 -preference
——-.-5,
15%
63
15%
*106%
44%
54%
51%
24%
63
13%.
*13%
•; 15
-
51%
♦203
204
*43%
•
-
49%
30
CiggjvWhelaa Btore$«^30C;
United
SV*
53%
*17
17% -17%
18%
*53%
■
share
.
42% Jan
33V4 Feb 25
72% July 24
No par
United-Carr Fast Corp-
11%
5
49%
13%
51
•
5%
92
49%
"
■
5
13%
•
11%
*ai%r<u%,
per
80% Mgy 27
23% Apr 16
Jda? 29
125
>pr 18
115% Jan 17
May .1
107% Jun 28
29
May It
168% Feb 7
120% Mar 11
109% Apr 13
35 Va July 15
-No par
Carbon Co—
United
33%
|
39
110
27% Jun 2 6 "
6
§% conv preferred—*.———100
United Air Lines Inc—
10
United Biscuit Co—
1—No par
57
80 y4
80%
>32
91
14
*17%
54 4
55 Va
33
i
4-
United Aircraft Corp——;
29
113
43%
42%
80,.
33%
11%
49
91%
91
28%
,113
.
41% "43
54%
55%
*79
5y8
*13%
42
40%
*32,
> 11%
79
33 Va
11%
11%
112% -112%
*112% 112%;
,41
41%
55 Va
'
79
; *31%
28% " 29%"
*112% JL13.
28%
28%
28%
28%
29
;
37% Feb 26 ;
Preferred
Union Oil of California—J
'
28%
3
series—No par
25
Pacific RR Co—100"
non-cum preferred
100
—No par
y'H'-r
•112% 112%
41% 41%
8
98% Feb 26 y
111
Jun 10
i06
Feb 25
i06% July 24
23 V* Feb 26
140 Va Jan
2
112% Jan 24
llSVa
>38%
Jan
'
July 23
Preferrd $3.70 series
150
150
Aug
17
23
Uh El Co
26
*115%
66
U^iop Tank Car—,^^-No par
ii2
107% 107%
149%
116%
116 y2
26
$ per there
No par.
Union Carbide & Carb-l-.—No par
of Mo pfd $4.50 ser No Par'
*112% 114
>109.
Ill
107%
*H5%
Union Bag &
*109
106% 107%
26%
149 Va
117% 117%
Union
37%
Highest
Rubber Co
5
JPaper—1—No par'
Corp
Asbestos
18%
37%
Lowest
Lowest
t per there
Par
17%
■
•112%
111%
*112% 114 >
*109 f
111
& 26%
149
37%~
'
Year 1945
Range Since January 1
'
Shttret
Underwood
37%
36%
67
STOCK
EXCHANGE
the Week
t per share
18%
;
NEW YORK
Sales tor
Friday
Aug. 9
Thursday
Aug. 8-
Wednesday
Aug. ?
Tuesday
Aug. 6
.
8% Jan
94% Feb
187
25
;
31 <>
26
May 14.
July 24
95% Aug
5
9% Jan 28
20% Apr, 10
Jan
24
11% July 22
10% July 23
Feb
29% Jan, 14
128
53% July 25 v
21
16
55% Jun 17
•
Mar 25
Feb
54
July 25
27V4 Feb
7
22
Apr
16
110% Jan 10
200% Apr 23
49% Jan 10
101. Apr 9
73% Oct
Oct
176
77 y«
Dec
89
Oct
85%
Dec
160
NOV
32
NOV
50%
Dec
87/®
Dec
16%
Dec
121%
Dec
.Volume 164
Number 4515
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
LOW
.
Saturday
Aug. 3
$ per share
Monday
;
^
t per share
•
29
50
CLOSED
:£
*431/4
Sper share
29%
23
*109
117;
45%
46%
10%
10%
96 </
97
10%
•*
97
10%
98
99
10
*93
51%/' 52%
-52%
43
,*155 *.167
'■»155/ei6Tte;:
43%
,
75
75
45
109 %
108 %
"19%
19%
15%
19%
*19
15%;
17%
16%
106%
38
26%
34
*26%
15%
40%
*88%
;
36% '
36
*'40
"IIS1/*
92
36%
*118
121
Y
317%
117%
*117%
117%
*46
-47%
46
116
46 f,
117%
45
-■
;■
453/4
471/4
323/4
23
83
80%
82J/a
80
80 ;
801/a
■:
9%
9
21%
22%.
21%
48
47%
98
96
33%
33%
33%
V
*19 )?>
22
35%
33%
35%
36
35%.
32%
32%
42%
41%
33%
42
60
59'A
59%
♦19
22
v
35%
33 %
7 42
y
*59
>
*40 y« ;:41%
105
•
*103%
23%
1.300
82
1.000
*21%
*47%
*96
34%
.34%
*191/2
22
-
*75
I 30%
>
18
10%
.*.10
,
101
"
52%
69%
69%
■96%
96%
!
20%
,
88%
20%
.
183/8
»18
47
*96
971%
102%
*100
.90.
.20%
.22
Monday
'
♦100
Aug.,6
:
.21% : 21%
Wednesday
Aug. 7; ■"
"
per share
.
'
.
..
'
t-per share
77.
_..
21
77Va
■
21.1/4
543A
70%
*100
..
-
'
*96
.
7.000
5.200
543A
/
99
20
' *20%
Thursday
Aug. 8. 4
.
S per share
54
54
% per share
NEW
79%
-801/8"
80%
253A
33%
12
11%
tin receivership,
a
Deferred delivery,
33%
42
n
par
_10
v, L1 ;
.
r: ^ ■.
'Ja
■
New Stock,
.—10
^Del)
No
pa*
-5
new
Oct
101
Jan
112
Dec
1133/4
Sep
118%
Dec
40
Dec
115
Dec
223/4 Mar
/106
Jan
9
3
Dec
3%
XOKK
York Corp
Par
r
Zenith Radio Corp
Zonite ftodnota
t Oath
sale,
s
■
Jan
61
Dec
?;
47/s
Jan
14 Vs
Jun
i
373/4
<
17
13'A
Feb
14
30 Va
Jan
57 ya
64 V»
Jan
92
,
<
Jun
July ;vj
Jun
if
43 ya
Aug
56
Oct
!
26 y»
Jan
35
Oct
17
38%
Deo
i.393,4.Jan
30
27% July
:3iy« Aug
:
45
Jan
29
63
Jun
18
© 45%
Jun
17
107% Jan
31
100
Jan
373/4 May
303/4 July
27% Feb
72
Jan
11
<64
V-106
Jan
16
45%
62% May 29
107 Va July 26
;
87% Jan
w
44
May 28
21%
44
Jan
26%
13% Mar 13
23% July 10
1
Dec
43
,
Dec
;
105% Deo
101% Aug
31% Jan
July 26
Mar 26
/ 87% May
50% May
Oct
•:
84
Mar 23
r
j
Feb
78
107%
Jan
'
Dec
«
103
:
Jan
'47%
Oct
36 '
9% July 24
•
:
28
31%
M
Dec
Jan
47 y.
Dec
83A
Jan
18
Dec
July 11
105
83%
Jan
94
Jun
May <21
30
Jan
35
Y Oct
4%
12% Jan 29
y
Mar
26% Jan
21,
99% Jan 17
Mar
213/4 Feb
5
160
Feb 66 '
34
16
,163/a Mar
July 10
July 26
101
18 y8 May 17
142
Jun
52 *
7
10 Va
i
14
May.31-
13%
128
-s?
22%
Jan
Special sales,
3
\
Dec
-
26% Jun
.
12
Jaii
Jan
Jan',
•
19%
22
Nov
Dec
138%
1
j,
Vi
Deo
Nov
37.
y
Deo
;
50% Feb 26
62% May 29
40%
Jan
Y 53%
50
72
38 :
Jan
70
»Nov
,79
Jan
100
Nov
Feb 26
91% Jan
93
Feb
May
103
105
9
83
Aug, 9
Apr %5
May 10
Feb
100
7
4
,
4
82% Apr ,; 1;
74% July 19
19
July 23
253/8 Jun
y
,
80
Jan
100%, Nov
75
Jan
110
Nov
69% Mar
84
Oct
6
Range for Previous
Y/VYy: Year 1945 :
Lowest
Highest
Bange Since Jannary 1 /.
Lowest
Highest
f per share
21
I per share
61% July
1
32% Jan
"
47%
Deo
31
13 Va
Jan
24%
35% Jan
17
19% Jan
31%
Deo
Jan
70 3A
Deo
61% Mar 13
83% May 31
39 y8
23%
31
July 30
t per share
27% Jan
July 24
27% Mar 13
8 per share
Oct
Jan
29
20
Mar
27%
Sep
32% Jun 21
42% Jan
15
Deo
14% Apr
18
34% July
5% Jan
44%
10% Jan
—Jfo par
n
<
"
17% July 26
; 16% Mar 13
42% Mar 14
.
*;
,|
Dec
41% Jun
27% Feb 26
:
'
—
1.300
:
.
"
14
21
STOCK
Young Spring A Wire
No par
Youngstown Sheet & Tube—No par
Youngstown Steel Door
No par
2.800
1 1
323/4
^
Apr 24
STOCKS
Tale & Towne Mfg. Co
600
33
118%
14
x33.% Jan, 17
.
.1
.
3.200
-25%
113 V* Nov
Jan
■
900,
26
Nov
37
Jan
533/8 Jan
3
,.B
Motors
EXCHANGE
1,800
.600
•
—20
Wyandotte Worsted Co
Shares
;
-
y
.No
Sales for
23 8/s Mar
1093/4
33% July 25
par
—No par
the Week
79
;
No
wrialev
Aug. 9
Dec
Nov
89% Nov
32 y4 Jan
5
98% Jan
163A
323/4 Jan
101
7,
'Jan
1
Dec
38%
s
Apr
11
Jan
;
Dec
■
Worthington P & M (Del)
No par
Prior pfd 4% % series
-100
Prior pfd 4% % Conv series—100
Wright Aeronautical
;
No par
Friday
65
May
Dec :
56% Jun
2
36% Mar 21
V
Woolworth (F W) Co
2.400;
May
103% Jan
1
Co
:
..
39
—1
preferred..
at
2
,30% July 23
393/8 Jun 25
45
tWm)
116% Apr
33'/B Aug
5
21% July 19
32% Mar 14
101
Oil
2
;:
47%
:
:;
100%
90% May 14
13 Va Jan 16
Jan
873/4 Jan
:
Z:
t
6
35
100
Prior
Aug ( I
t
!
32
.Jan
84%
;
117% Aug
7
1193/4 May 16
53 V» Jun 10
8V2 July 23
21% July 31
46% Mar 2
100
■
Apr 30
v
57
No Par
500
„
45
8
20% July 26
12%.:
9
24
43% July 11
119
Jan
.
333/4
Jan
Mar
303/8
163/4 Apr 20 '
122% Feb
12%
143/4 Aug
10
; 89%.Aug
3
conv
Woodward Twm fin
.
.
.
Apr
24 V*
4
12.50
29%
20
Jan
No par
preferred.—
14
13
;
47% Jan 31
34>A July 23
No par
$4.25 preferredWilson-Jones Co—
700
-213/4 -22- /
*28 ""
28%
Class B
913/4
16
115% Jan
111% Aug
19
35 V4 Mar 14
12% Mar 14
33 % Jan
3
110
61% Mar
343/4 Feb
Feb 25
112
Air
Wilson & .Co Inc——
300
...
9
Jan
303/4 Jun
24
85% Mar 15
t
par
220
V
r
;
i.-,—-1
7.500
29%
day.
;.i>,•
•
—No par
No par;
1700
102%
/: '76
,
4
Jan
Apr 24
50
24'/« July 25
40
Wisconsin El Pow Co 6%, pfd—100
54%
72
*87% /89
76
'
22
♦Bid and asked prices; no sales on this
Nov J;
30
par
_B
56
i
26
Willys-Overland
r
,400
200
...
29%
33
11%
213/a
No
Corp
35 Vi, Feb
Wilcox
100.
;
22
.
Deo
3
7
No par
.
165
47..i/47 '
.
.100
25%
."CLOSED
Dec
50
White Sewing Madh Corp
$4 conv preferred-
v.
-•183/4 '-19%
,
*87%._89%
76y8
..,.18%
*155
551/8
'96%
102.%
-
,
1003/4:1003/4
-
701/e
.
10%,
.18
;
47% ..47%....
96Va
3.6
;r18%-18%
•
,;"*
70'/8
89%
;
Dec
353/4
3
Jan
7
HIGH SALE PRICES
Tuesday
Aug. 5
,.
i
76%
165
X54%
.
102%
*87%
..
,77
*18%
...
^
97%
•
,
105%
31
313/4 Aug
18% Jan
White Motor Co—
102
*1Q
-183/4
38%»-19%
70ya
*75%
.
*155
543Af'
Saturday
*54
*96
-
10%
£
,54
/Aug. 8
$ per share
,1*10%.
165
*69
LOW AND
r
:
Dec
Oct
103% Jan
/. a
No par
0
rr,
——No par
prior pref—
No par
White Dental Mfg (The 8 8)
20
'206
110
Mar
100
3.500
'
i
Feb
2.100
21
20 3A
.
5
Sep
Dec
preferred—
conv
>
•
Deo
110%
Aug
Deo
100
preferred———.L—100
5%%
Dec
105
163A
23
$5
Nov
20
42
Oct
Wheeling Steel Corp
300
.78
Jan
83/4
xll% Mar 15
:
$3.75 preferred .———No par
2.200
-34%
.
•
152
Jan
-10
>—
%
Feb ,26
Sep
13%
183/4 July 19
107% Feb 20
Wheeling & Lake Erie Ry
'
101%
481/a
*100
v
105
98
114% Jun
70
56
105%
-
102
,
*1003/4
47 '
533A
70%
.
400
373/4 ^38: r..;.//
343A
*155
54
*96
r
♦100% 101%
"*18%
19%
165
*47
*98
17% .18?/e
,.
18%- 19
90...
105
*55 ••
-
'
21%' ;2i%'
18 3A
18
18 ?
101
*155
102%
v »V.
:
64
30% Jan
;/
14%
( Weston Elee Instrument
Westvaco Chlorine Prod
70
-.*103%
A
y" :373A
34%
V
•
.W 10Va '
69%
'77
h
500
.
-
105%
*63
„
;36,,
531/4
77
'70
.
.
14
Mar 26
pfd—-100
,
} 40%
40%
♦104
?35
*35.
47%
*87
*37
•
36 '•
47%;
•100
t
/
,*-56 '•> v56 %
105»/4 l06%
,
21%
101 ;>
*99
;
183/a
17%
19%
.
*1033/8 ,105
■
373/4
,22
; 6i
P% *58%
v
40.
*63
343/*
.
102
/
r
165
5.300
21
Apr 29
111
4% non-cum 2nd preferred
100
Western Pacific RR Co com—No par
Preferred series A
100
Western Union Teleg class A-No par
700
Feb
54
20%
.
,
86
233/4 Jun
.
r
Apr 12
Lines; Ine—-X
Western Auto Supply Co
10
Western Maryland Ry
100
200
'
*35
*18%
«56
34»/a.
■20%
20 3A
*155
343A
:•. •:*l9/.i:
105
104%
105%
*371/4-
35
203/a
/ 101:
,X40
Mar
Sep
.
,'70
105%
•.
.
.
61 '
►
Mar
145
Jan
.
■
*55
;
"363/8-36%:
*50%
120
8%
36% .36%
5.100
Westinghouse Air Brake
32%
333/e
,..32%,. ,.33%^^ J&5QQL. „Westinghouse Electric Corp
A4i%''";42 /... m 41 3A 417/a
Preferred
620
303 % '103.% '
55/
105% 105%
*37 v-- • 38
34%
101
;
41
*38%
105 y« 105%
♦63
34%
V-
36%
60
59%
70
20%
102
<
333/e
"4i% .,'42 T
40%
2O1/2
*95
22
*19
105
543A
^36%Y '37%/
33%
Mar 29
May 11
105
4%% preferred———100
300
34%
33%
*103% J.04%
$
*21%; 23
*473A .48%
96%
96%
98
48%
170
178
7
Tobacco Jnn
Western
1.600
9\
23
98
*63
55
.106
22
22
*47% ,48%
7
Pehn Power 4%%
West
<
29
2
West va Pulp & Pap Co
10
9%
.
*96
34%.'
STOCK
900
23%
::Q-\
47%
40%
104 3A
55
106
EXCHANGE
50
46 y4
114
,
Dec 1'
83
7
Indies Sugar Corp
6% '
350
117%
>•
.•'/v; 82
96
;
a
105
105
'*63.<:70.'
4perthare
115%
'
Nov
Feb
70% July 31
;;PT*f1■ - f ;n-tj-t..nVf
; v:
.
Nov
43%
21
West Penn Electric class A—No
.20
(90
*117%
114
Q
9%
9
.9
98
22%
r
115
West
3.400
55
Jan
Aug
Webster
36 3/4
Jan
21 y4 Feb
Wesson Oil & Snowdrift
120
Jan
45%
36%
20% Jun
1.30O
118%
57
3
5
4.900
118%
;
3
15%
'
Apr
Dec
Deo■
Nov ' 1
30
July
.-52
81
124
July
Petroleum
conv
9
8%
Jan
Sep
"Mar
172
Wayne Pump Co—
$4
Apr
53
45% Jan
3% Mar
Jan
Washington Gas Lt Co
100
•
59 y8
118
10
Dec
18
Waukesha Motor Co
200
29
Dec
45%
13
40%
91
T: 120
801/2
*46
•
V.
23%
83
Warren
400
*112%
*112%
223A
«
1.000
46
113%
'9
28
28
103
Dec
Dec
No par
Warner: Bros Pictures ^.,1,
Warren Fdy & Pipe
1.500
32%
Baking Co
6%% preferred
Jan
Jan
105
July 24
xl61
t
90%
24%
Dec
No par
common—■—-■II
preferred
i43A
47
22%
4
40
100
No
Ward
:
7.900
36
113%
;
100
a v,:,,',,/,100
401/4
V
22%
v
46 3/4
33%
*88%
..
36%
22%
114
7.300
28
891/3
*112%
1
26
10
325/a
15%
22%
5
Feb
■
15
Feb
:
99% July 10
21
39 Va Jan
f
104
12% Jan
2
152
*27
..
41V4
112Va
t..47
Jan
24 y4
86% Mar
123% Apr
22
41
22%
5
Jan
323/4
.
*111%
3
118 3/4 Jun 24
Jan
46%.
;
,
28%
47
6% Jan
May 28
53
May 28
1083A Mar 18
2
18
90
*115%" 116%.'
117% 117%
1171/8'
v:
115
26
.77% Jan
.
80
preferred
16
39
3.100
-
Jan
-
113
par
17%
120
U
par
100
class 'A—I
4%%
17%
■118%
110
2
,:37% Feb
105
May
—23
System
,106% 106 Va
36%
Apr
Jan
Walgreen Co——J7o. par
4% preferred
——
100
Walker tHlr&m) G & W—No par
17%
120
13 ya
30
393A July 24
Waldorf
Dlv redeem
'118
Z
,
Walworth Co
15 4
40%
89%
■
118%/;
' 120
117%
120
115% 115%
;v
;
17
51'/a Apr
19% Mar 13
104
1093/4
*108
41
Y;
Nov
700
500
a
Dec
50%
700
5 600
27%
36%
36 Vi
:
' 118%.
Wabash RR
1.200
19%
33
22%
Jan
441/4
16%
*40
15%
4l
*88%.
.90%
*120
•
:4o%;
.
I
(The)
-
19%
*263/8
.
Mar
32
29
Preferred
161/4
33
. .
40%;.
•4.15
15 %
40
*88%
*118;
120 Va
115
41
.38
.118%
12014
27%
13 '• "
40
92
*118
33.
*26%'
'
:
15'
40%
*32j/2,
27%
'
77%,
44%
150
463A
34%
13
24
Vulcan Detlnning Co———
L
;
19% :
32
Jan
30
58% Apr
26 % Jun
100
preferred
Visking Corp
21%
253A Apr
2
100
-
6%
16%
*28
28V2
33
*40
41
185
—No
Virginian Rjr CO—!
600
■
Chemical
pfd
700
8
26
...^.100
Pow $5 preLVa Iron Coal & Coke 5%
1.200,
Feb
t per share
18 3A Feb
2.50
&
17%
47.%.;;.,
32%/,.:
28%-
52%
43
39
July 23
Highest
Sper share
46% dan
21%
*106 %■; 106%
...
27
Co_6%
partic preferred—
El
157/8
*26%
„
6%
Va
97
-77%
•:
.
152
•19
'
,
31%
70
-
150
:i6.z
46%'
I.
32%
28
32%
,
..
"27%
40 Va
47%
32%
26%
"
26%7
*33%
,
.
1.20O
J
Sugar
Co_i.
preferred---
Va~Carollna
2.300
98
108%-
17
17%
106%. 106%
17
10
*173
78%
108%
193/8
"15%
106%
46%
47%
47
*32
■'■
:
106%
17
106'A
.
C
3 % % cura
42%
42%
*155
167!
'
'•4:21%: ::2i%...
,44%; 441/4
152
145
15'.
19%
15%
^
145%
144
43% ' '
167 •
"
"185
109
*108%
'
|
t
121
'93
v
*77
;.2i%
44%, -•44% y;.
*108% 109%
146
145 %
78
77%
:20%
10'
Chemical
$ per share
Lowest
_10
Vicks Shreve & Pac: Ry
100
5% non-cum preferred
100
Victpr (Chemical WorkB,——*-_5
•97
52%. V
52%
..^v":-.-43
*178
"
1FT*
Year 1945
Highest
2.50"
Vertientes-Camaguey
*120
</
No par
*
Vick
43V4
*155
185
Co
f
46%
97 Vh
*.43
Corp of Am
Norman
i
108%
10%
"52
Van
A,
46%
Range Since Jannary 1
Lowest
Van Raalte Co Inc-
45
*108%
99%
*42"%
.
167 >
45%
,,
52%
43%
Vanadium
Y
1
r 112 /
*109
Range for Previous
1
$ per share
50%
22%
*110 '
121
*93
*155
21
46%
97
*178
77
Y
.21%
'21%
*45 &'■
10
STOCK
22%
-
-
117
98%
YORK
EXCHANGE
45
23%
45%
*120
42% ■„43.<;Y.
42%
.
•171% 185
*171% 185
"Y
52%
V;^43'^ y43/V:;
42%
42%
43%
*42%
10
121
28%
23 V2
50%
46%
46%,
•108% 108%
.
99%
*119%
"28%
NEW
Shares
;
*223/4
■
.
112
-
*110
46%
108%
qq
119% 119%
*93 Y'" 97
"
*109
:
117
*45
•108%
30
45%
1121.
the Week
Sper share
60%
22%
45
;
Sales for
Aug.!)
O*>
*49%-
23
*110
46%
*108% 108%
119% 120
*51%
*109
*110 >; 117
46%
*93
112
29
04
50%
22%
■:/A5 '•/'
Friday
$ per share
30
22%
*49 %
45%
112.
*110
STOCKS
Thursday
Aug. 8
■
# per share
23%
*108% ,108%
*
Aug. 7
,
2.3%
•109 <
;
PRICES
'Wednesday
29%
23
■
SALE
"50%
4.23%:
STOCK
EXCHANGE
HIGH
./Tuesday/^
Aug. 6 ;
/Aug..5:>':
.
AND
12%
Deo
wd When distributed;
3
<
x-Ex-dlvidends.
y Ex-rights.
•
s
THE COMMERCIAL &
Transactions at the New York Stock
FINANCIAL CHRONICLE
Transactions at the New York Curb Exchange
Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Number
Week Ended Aug.
of
Shares
9,1946
Railroad
and Miscel
Foreign
Sonde.
Bonds
,
United States Total
; Government
Bond
\ Bonds
.Sales
Exchange Closed
Saturday
Monday
$2,466,300 :-•
703,170
729.820
3,208,000
3,021,000
4,101,942
$14,181,300
——
—.
,
Total....
ii
n
.;
a
$245,000
>:
7,000
v,—-J
242,070
Tuesday.
-
-
.
Friday
$124,000
204,275
143,000
,
Total
14,000
234,360
330.530
_
Wednesday
Thursday
$15,596,300
$1,407,000
Bonds (Par Value)
Foreign
Foreign
Government 7 Corporate
,
Domestic
Exchange Closed
Monday
3.413,000
3,250,000
$8,000
'
* '
Shares)
Saturday
2,737,000
3,484,000
—.—-
198,000
229,000
of
$2,712,300
$1,000 '
,
(Number
Week Ended Aug,
'
*
>
■
229,000
506,000
2,978,000 Vr-
885,142
909,250
Wednesday-.
••
2,508,000
874,560
Tuesday——
Thursday
Friday.,
~
Monday, August 12,1946
141.000
V:
29.000
274,735
Twt.*1
1,285,960
$1,000
150,000
157,000
170,000
16,000
,
76,000'
$125,000
—
•
166,000
■
12,000
89,000
$72,000
$634,000
1,000
$1,000
$707,000
Week Ended Aug. 9
1$46
Week Ended Aug. 9
^;'*1945
.
;-il946:;>f:.
5,334,780
4,141,942
Stocks—No. of shares.
Stocks—No. of shares.
tiondt
$8,000
861,500
24,156,000
$15,596,300
,
Total
-
1,459,015
$25,165,600
v.
Railroad & industrial
"
1945
Bonds
$148,100
1,407,000
14,181,300
D. S. Government
Foreign
1,285,960
Dntnaatlfi
Foreign government.
Foreign corporate^
.Total
Stock And Bond
Averages
Quotations for Friday, August $
Pat
Below are the daily closing averages of representative stocks and bonds
listed on the New York Stock Exchange as compiled by Dow, Jones & Co.
■.::vr
1' '■
■111''1 *
—Stocks
'Bonds
■
1
,i'-v;
'
437
Brooklyn Trust
133
138
Central Hanover Bank Sc Trust 20
Chase National Bank
IS
'■■■■"
■ <<> ■
us
110%
114%
42%
44%
Lawyers Twist
48%
50%
Manufacturers Trust Co
20
Morgan (J P) & Co Inc
National City Bank
100
34
,
49%
.
10
10
mo
Bank of the Manhattan Co.—10
32 %
Bank of New York
,100
425
Bankers Trust
1n ::
47%
.
Pulton
^
Grace National
100
Guaranty Trn«t
Irving Trust
Kings County Trust
10
100
20
IS
Total
10
10
Total
Indu»
Ball-
Utili-
68
Eoduo-
Grade
Grade
Utili-
40
trials
roads
ties
Stocks
trials
Ralls
Ralls
ties
Bonds
Commercial National Bank d6
Trust Co
20
44%
47'A
108.62
108.66
108.64
108.69
108.69
107.36
107.37
107.36
107.44
107.46
Continental
22
23 %
New
60%
62%
Public Nat'l Bank Ac Trust—17%
30
Date—
August 3
;
Exchange Closed
201.93
62.53
41.50
-62.31
41.32
202.96
62.57
41.36
204.1062.74
41.62
-
August 5——
August 7—
August 8.
August 9
203.57
——
62.68
105.49
105.53
105.51
105.54
105.66
74.85
74.60
75.05
75.42
75.29
201.35
August 6
41.64
Second
First
Exchange Closed
115.24
100.09
115.14
100.13
115.16
100.14
115.26
100.29
115.28
100.21
Bond Record
Chemical Bank & Trust
Corn
Bank
10
& Trust
10
Exchange Bank & Trust-20
Empire
Trout
KB
,
.
Federation
Bank
&
Trust
' .v
Fiduciary Trust •
Vtxn National Bank...
11^
FRIDAY
WEEKLY
-
-
23
Sterling National
25
10 !
25%
28%
Title Guarantee & Trust
43
46
United States Trust
100
1,810
>
as
12%
York Trust
in
New York Stock
«»
117
J
12
100
1,810
Exchange
YEARLY
NOTICE—-Prices are 4'and interest"—except for income and defaulted bonds.
Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions of
the week, and vwhen. outside of the regular weekly range are shown in a footnote in-the-week in which-they occur.
No account is taken ot such sales in computing the range for the year.
The 4faZic letters in the column beaded "Interest Period" indicate in each case the month when the bonds mature,
^ ' 'I %
*'s
/ ~
'
't * •» „' <,
'*■*
rZ,v?' V '
'\"l '
"< **
,
>.
<> ,
j' 1 f
1
-1
*
x
\
v w},* \
A I \
j"> v. p ^ }'T l4 ^t ^
v-ft &
_
Figures after (Secimal
^
LOW
Saturday
Monday
Aug. 5
Aug. 3
Low
High
Low
AND
HIGH
SALE
Tuesday
Low
High
High
Thursday;
Aug. 7
Low
v
J
j.
'f
n
PRICES
Wednesday
Aug. 6
.point represent one or more 32d of a pointy,
Aug; 8
High
Low
High
Friday
Aug. 9
Low
High
Range for Previous
Sales for
Year 1945
the Week
Lowest
Highest
106.13 Nov
Bonds ($)
109.24 Mar
*104.6
104.8
*104.6
104.8
*104.5
104.7
*104.5
EXCHANGE
*107.10
107.12
*107.11
107.13
*107.11
107.13
*107.11 107.13
CLOSED
*10° .21
109.23
*109.21
109.23
*109.22
109.24
*109.22
*113.00
113.2
*113.00 113.2
*113.00 113.2
*113.00 113.2 '
*103.4
103.6
*103.4
103.6
*103.4
103.6
*103.4
103.6
*103.4
103.6
*108.3;
108.5
*108.3
108.5
*108.3
108.5
*108.3
108.5
*108.3
108.5
110.15 Mar i;?.
*113.11
113.13
*113.11 113.13
*113.11
113.13
*113.11 113.11
113.14
113.20 Nov
104.7
109.24
*104.5
104.7
*107.11
107.13
*109.22
109.24
*113
113.2
*113.12
111.27 Apr
114.25 Dec
106.11 Mar
*114.12 114.14
:
113.30 Oct
116.16 Dec
:
*116.3
118.5
*103.19
103.21
*105.9
105.11
107.15 Apr
;
Jun
*106.8
106.10
107.25
*106.8
106.10
*107.25
<
;
107.27
105.24 Sep ;
108.15 Nov ;
*105.3
105.5
*105.3
*105.5
105.7
103.4
July
i
*104.15
104.17
*104.14 104.16
*104.14
104.16
102.17 Aug
'
*104.3
104.5
•104.3
*104.6
104.8
102.9
July
*104.1
104.3
*104.1
104.3
*104.3
104.5
102.7
July
*103.31
104.1
*103.29
103.31
*103.31
104.1
*106.7
♦107.24
106.9
*106.7
107.26
*107.26 107*.28
106.9
105.5
104.5
102.2
Feb />' 7
*103.30 104.00
*103.27 103.29
♦103.29 103.31
102.3
Feb
*102.30
103.00
*102.30 103.00
*102.30 103.00
*106.29 106.31
*106.30 107.00
*106.30 107
101.24 July
107.28 Deo
;•/ r/;
>-'V'
,'i
-*102.29
102.31
*102.30 103.00
101.15 Deo
♦106.12
J06.14
*106.13
107.26 Feb
•*104.28
104.30
*108.15
108.17
♦105.2
106.15
*104.28 104.30
*108.16 108.18
' 105.4
*105.8
105.10
•102.13 102.15
*102.13
102.15
*101.22
101.24
*101.21
101.23
$102.26 102.28
*102.19 102.21
*102.24
102.26
*102.29
102.31
*103.00 103.2
:*
103.6
103.8
*103.6
103.8
Treasury 2s
*103.16
103.18
•103.16
103.18
Treasury 2s
♦103.20
103.22
*103.20 103.22
Treasury 2s
*103.23
103.25
*103.23 103.25
Treasury 2s
—
103.27
*103.24 103.26
.103.24 103.26
•106.13
106.15
•106.14
106.16
*106.14
*101.13
101.15
*101.13
101.15
*101.13 101.15
Treasury 2s _
Treasury 2s
Treasury l%s
♦101.18
Treasury l%s
*103.25
*101.20 101.22
•Bid
and
;
■
asked
price.
No
*101.18 101.20
sales
transacted
this
day.
106.16
101.20
_.
•.
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW YORK BONO RECORD
2RANGE
BONDS
York
*New
O*
; '
*
■
"
"• !;
New
No.
Tork
Stock
-•
Corporate Stock
118% 118%
118%
of
1928
-Oct
1961
A-O
90
90
Of
1927
Jan
1961
J-J
90
90
f $ bonds
s
1970
Mtge Bank 0%s
ASinking fund 7s of 1920
ASinking fund 7s of 1927
Copennagen
iCltyj
A-O
Rica
Foreign Securities
M -N
7;V 56
::i''
97
1949
MS
F-A
external
debt
1977
J-D
1953
J-J
1945
J-D
*167%
—1952
A-O
F-A
102 y2
102
102%
.1962
A-O
102
101
102 y8
MS
5%s
|A2d
1-1603
1st
1
•
103% 103%
•37 y»
V
•
•37%
37%
31
31%
31%
AExternal
1 7s 3rd series—1957
sec
s
series.
1st
•
•31
(City) external 5s
1958
(National Government)—
1 external 4VaS
;
1941
1971
—1972
Too
Apr
1972
Australia (Comraonw'lth) 5sof '25-1955
External 5s of 1927
1957
100
loan 4%s
8 t extl conv loan 4s Feb
32
.'4-
External
8
f 7s
104%
*105
J-D
*103%
96 y*
102%
101,
96%
102 *
112%
106%
-V, 45/.
100%
87
»103y8 108
111
111
\
116% 117
v:
•
•-
•
-p>.-J
4
; '
'•;* v
113
,117
111
.•
64%
•61%
1978
1951
64%
*
4
"
.
62%
'0
72 y4
—
72%
85
5
85
63%
6iW
8
58
72%
1
65
84
62y®
to
'
*
agree
<
1942,
10%
12
'
16
*18% ^-
j-j
;
!
j-j
14%
3%s
Series
No.
3
3%s
Series
No.
3%s
Series
No.
3%s Series No.
'9%s Series No.
—
Norway
,
-1951
f 6yas
s
MS
US
.—1959
s
f
-
7s
J-D
*120
F-A
—
s
4ya8
105
4
ioi
103%
107 y4
104
104
3
ioo
107 y4
105
105
6
101
105
A-O
101%
F-A
—-
.
4__
67
68
5..
67
68 %
99%
1970
J-D
A-O
♦101%
(Rep) extl s f 5s ser A.1963
Jf-H
"
Ext
*82-
-iT,
*82-
"'rr« ^'
No.
8-—-->.
No.
9—
Series
No.
10
3%s Series
No.
11
64%
'
*82
-
64%
*64%
APeru
ret 3%s series B
1967
Af-S
reduced
ext
to
;
42
42
"i
39
—
" <mv{
102
100
105% 106%
105%
*104
»
100 VB
98%
99
99
99
v
Af-S
M-S
2008
2.125%)
64%
39
7
40
,44
39
Sfci
64%
*64%
65'
17
*64%
65%
18—
*64%
65%
64%
20
•64%
3%s
Series
No.
21
64%
64%
3%s
Series
No.
22
64%
64%
3%s
Series No.
23
64%
64%
3%s
Series
No.
3%s Series No.
3%s
■■■■"
27 M'
T...r-I
No.
64ya
46
25y.
33
24
30%
>
;
AExternal loan 7%s
APrague (City of Greater) 7%s
.194?
103
1
100
101
104
*96 Va
rv-
95%
Af-S
iqtt
Af-S P;
Refunding s f 4y»-4%s
External read) 4%-4%s
External 8 f 4%-4%s
1970
F-A
-V'99% 100
1970 j
A-O
loo
98% 100.
Af-N
1975
100
J-J
1984
Canada (Dom of) 30-yr an
25-year 3y48_.__.
loan
A-O
iio
—1961
J-J,
110%
Jan
—
(City)
8s
.
A 6s
A Extl
A6s
s
f 7s
"
87
88%
100%;
10
100
90%
,
;.i;:
.
74%
:■
,
*
1961
F-A
s
f 6s
Jan
1981
1961
M-S
4
A-O
i
1963
Af-N
Af-N
J-D
1957
J-D
J-D P
A6%s assented
1961
AGuaranteed sink fund 6s
AGuaranteed sink fund 6s
assented
see
page
1962
30%
26
2
27
1
24%
26%
3
22%
26
25%
25%-;
21%
28%
26%
23%
20 y8
J-D
-
2
ij'•
25%
25%
4
25%
8
30%
28%
29
23%
29%
21
28%
*25
27%
21%
h'i
—
43
—
E
38
2
?
47
38
reduced
municipal
50
38
48
35 y.
fy
52 y4
41
45
.1946
•_
A-O
gold
1968
to
to
38
v.
M-N
"i
38
:
52
50
37
45
»
2004
TP ;
mm
—? 'j.
v
,
^
ii.
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44
47
43
39
;V
42%
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44%
V,A.
..
34%
35%
♦
/
; >
2004
1967
to 2.25%)
ft
*33%
J-D
1966
Plan A
38
■
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2012
2.25%)
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j*-
42
45
.
41
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Stamped pursuant to Plan A ;
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Plan A
loan
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•
40%
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39
42
,
For
Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING
MARKETS
rJIBL JJIKBBS
&
FOREIGN SECURITIES
SPECIALISTS
.27
187/a
28
50 Broad Si.#
^
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29
22 y8
25%
20
85
'20
"T
c
20
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103%
42
29
*25
r
*
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i
30%
21
•
'
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v
41%
43
—
28%
24%
21%
V':'
-
30%
23%
M-S
43
*_.
101
30%
V
Af-N
*5
29%
26%
25%
M-S ,*
101»V
10
i;
101A
30%
Af-N
_198i
849.
30%
21%
A-O
1906
5s
21%
'-iv'i.j;
27
♦
A-O
43
76
1
30%
26
^
1960
assented
30%
2
-
j-d p
1961
—1962
AChllean Cons Munlo 7s
For footnotes
i
1901
assented
(Hukuang Ry)
:>•
26
1961
45
30%
22%
21%
24%
21 y4
'
—.1957
A0%s assented
39
30%
f;
13
26%
-\C:
A-O
ASinking fund 6%s
A Chinese
27%
30
21%
M-S
1963
AChlle Mortgage Bank 6%s
63%
10
,
(Int
A7s
30
21%
2
{yy>Si
1962
assented—
47
,
24%
26 ya
1962
AExternal sinking fund 6s
102 y4r
—-
26%
26
Sep 1961
Sep 1961
assented
114%
4?i-
J-J
47
(State of)-
Stamped pursuant
112%
100%
26%
J-J
Jan
...
26 V3
F-A
A78 external loan of 1926
110%
30
F-A
48
43
—
,i'
83
83
c
Y-.
A-O
(Int reduced to 2% )_
94
22
A-O
assented —Feb
*33%
F-A
100%
110
'
59%
26%
43
41
40
—
A-O
6V2S
Stamped pursuant to
9;
100% 101V&
A-O
1961
assented
1946
2001
8s
1953
sec
A 68 external sink fund
2
110
110% 110%
M -N
i960
6s
A6s assented—
A 68
110
J-J
Feb
A 6s
A 78
;
>;
Stamped pursuant to Plan A
(Int reduced to 2.5% )
1999
100 J/4
6
13
:
,
M-N
I960
1
sinking fund
AExternal sinking fund 6s
A 6s
J-J
1942
AExtl sinking fund 6s
i]-;y A68
1948 J
1942
sinking fund 6s
assented
ARy external
A 6s
15
—19V
{AChile (Rep) External
§A7s assented;*^;—
AExternal
(City of)
A8s extl loan of 1921
ioo y4
.
ACarlsbad
Janeiro
Bio Grande do Sul
96%
86%
24
100
*92 ■*?
;:\;-3% external s f $ bonds
24
18%
14
";
.
103%
9
v
1981 ?
—
2.25%)
Stamped pursuant to Plan A
(Int reduced to 2%)
2012
■
100
102
f
2%s
dc
AExternal
,
101% 102
101% 101%
-
24
3SVa
13%
'
i4%-
—
F-A''
to
(Int reduced to 2.375%)
102
-
25
15%
Stamped pursuant to Plan A
F-A
(Province of)—
13%
25
Af-N
reduced
A Rio
J-D
s
.1952
(Int
64%
1950
stamped
*13%
J-J
647/s
1959
A6s
"
J-D
.2006
66
Sinking fund gold 6s
32%
pursuant to Plan A
Queensland (State) extl 6s.
Sinking fund gold 5s
External
-I
x
14%
•••
J-J
—
—
''
23
31
v
64%
•
Af-8
—m
18
'
*25
J-J
.1966
Stamped
65
*64%, • 66;
"10x7
'"V
—r'
.2001
64%
,3%a Series No,- an
30%
24
/,1s;.
26%
•"i jj-ivK )'i-ft
J.
42
"A-O*'
.1961
.
.64%
Brisbane (City) s *
Buenos Aires
Alegre (City of) 8s_
(Int reduced to 2.375% )
65
,1
sq
;
Stamped pursuant to Plan A
65
•647/a
ljr.
Series No.
3%s Series
13
"
„>
A-O
.1968
*64%
-
'
A-O
1947
f 7s.
AExternal sink fund gold 8s^..^ .1950
.1963
A Porto
19
No.
64%
'.V
A-O
1958
s
A4%8 assented-
3%s Series
•64%
25%
A-0>
1940
^
25% '•26"%"""."** ,-172^ "
>26%;
J-D
..1961
gold 6s.
A4Vas assented.
65
3%s Series No.
-.,•••?•
of)
AStabillzation loan
15
3%s Series No." 25
(Rep
26% '26%
20%-
M-S
_1959
f 6s 1st 3er_—1960
s
"
16
3%s Series No.
external 7s_w
Loan extl s f 6s 2d ser
lAPoland
'65
No.
Series
<Rep of)
ANat
3%s Series No.
3%s Series No.
«
J-D
ANat loan extl
..
3%«
.
sec
(Int
;
64%
—-
3%s Series No.
!
1994
3y4S
64%
*%s Series No. 12
3%s Series No. 13
3%s Series No: 14
64%
3%s
,
to
mod
;
*99%
•ioo y8
,
103%
Stamped pursuant to Plan A
:
3%s Series
;
M-N
APernambuco (State of) 7s.,....>...1947
•75'■ '77:*;,
>82"'"^i;?-
3%s Series
j
1963
107 V*
103
99%
•120
..1956
Stamp
6—
7—
100%
13
102;
101
A-o m
MS
f 5s
s
AStamped assented 5s
; 67%
100% 103
3
101% 101%
1958
1956
5s
(City) sink fund 4%a..^
Oslo
i
38%
;
(State)—*
sink fund 4y«s—w—1963
4s sink fund extl loan
1963
^; ■; KmmS
38%
38%
1952
1957
(City)
(Kingdom of)
APanama
67
4a
.
External
67% "67%
,
15
35
*1416%
*24%"
*17% ^
•
agree
f 5s
8
External
,68
67
2
16%
13%
11%
187/e
12%
.
1
No.
No.
22
*12%;
*10%
agree
>1945
1942,
5,
17%
:
£5
11%
15%
—
*16%
agree
u
__
•21%
External $ bonds of 1944 (Plan B)—
8%s Series
100
21
11%
*10%
1942,
5,
Nov.
Municipal Bank extl
*
♦61%
External
1
62y»,
1942,
5,
Nov.
Hew Soutn Wales
76y»
72%
;
96 y8
100
*21%
QV
Btamped pursuant to Plan A
(Int reduced to 2.125% )—2008
AMontevldeo
1979
—
24
32%
30
•13%
.1954
Nov.
to
ASec external
'
■
:
3l%-
317/a
Stamped pursuant to Plan A
(Int reduced to 2.125% )—2008
76%
62%
rum
/
M-N
..1945
5,
IClnas Geraes (State)w
ASec external s t 6%s.
,
•
>1943
100%
104%
•11%
20
100
22
i9ya
102
,,
58
65
95 %i
102
--
•11%
J-D
1899
to Nov.
to
AAssented
76%
74
65
.
A-O
J-D
..1954
lATreasury 6s of 1913 assent. >1933
' »•;
72
ri
100
*99 Va 100 Va
*103%
..1954
4s of 1904
AAssented
82%
60
/
73%
>72%
—
7s_ >1957
6%s
AAssenting 4s of 1910-.
105;
1
.
M-tf
12%
13%
loo v*
loo
A-O
i960
Nov. 5. 1942, agree
extl 5s of 1899 £_ ..1945
AAssented
110%
103%
25
i
1960
f 5s
s
A-O
13%
18
13%
/
1952
to
§ AAssented
A Assenting
106%
103%
103%
104% 105%
100% 101%
/
;
1952
to Plan A
3.5%)
1978
1% funding bonds of 1931
Stamped pursuant to Plan A
(Int reduced to 3.375%)—1979
3%s Series
50%
HI
105
105%
*14
1968
fiAAssenting 5s of
;i7:::
104%
■
4
100
•
to Plan A
3.375% )
M-8
103,
50
50
..1964
stamped assented
JAMexico (US)
99% 100 '
101%
Stamped pursuant to Plan A
(Int reduced td 3.375%
1979
AExternal a t 6%s of 1927
,.1957
Stamped pursuant
(Int reduced to
A7s (Central Ry)
Stamped pursuant
(Int reduced to
104
20;
109% 110%
1941
AExternal s f b%s of 1926
J-J
s
(Colombia)
AAssented
100 Va
99% 100'
'"99%
paid.
paid
(Prov) 4s readjusted
A4%s
12
.
.1955
1955
|ABrasil (U S of) external 8s
t
Stamped pursuant to Plan A
(Int reduced to 3.5%)
;
100
102 Vi
Mexican Irrigation—
10
100% 100%"'
100
100 ye
1949
External s f 6s
Mendoza
•
-1956
Belgium external 8%s
100% 103
102%
*101
1949
f 6s series A
(City) ext 6%s
AMedellln
2
'
8 1 extl conv loan 4s
External g 4%s of 1928
101
*101
A-O
1967
AJugoslavla (State Mtge Bk)
3
.101%'
101
101
AAntwerp
8 f conv
101
A-O
7s
stamped
Irish Free State extl
3;
-
Argentine
8
M-S
1969
1949
(Republic)
Helsingfors
4
37%
1957
7s
1961
1969
(Republic of)
part
part
A6s
Haiti
,
40
37%
37%
1 7a 2d Beries_~.1957
1
A7s
1
A External sec 8
s
102 y2
# 101 Ya 101%
Greek Government—
85::
■:
:
85
38
37%
31%
AExternal
102 y8
101 Va
i
101% 101 v»
*101 y8
unstamped
7s
;
90'/a
*101 y8
series
French Republic 7s
%
100
A-O
5%s 2d series
AEstonia
102
104
90
:
A-O
Customs Admin 5yas 2d series
: V
99% 100
1940
5V2s
sink fund
series
102
K 98% 102
*102 Va
J-J
gold
115
168 V*
98
;
1942
5VaS
Agricultural Mtg6 Bank (Colombia)—
AGtd sink lund 6s...,......,.,.,,..1941;
AGtd sink lund 6a.,:,„„,,.„,w...l94l
Akershus (King of Norway) 4s.-~.1968
5AAntioquia (Dept) coll 7s A-.;—1945
§ AExternal s f 7s series B
1945
{AExternal s f 7s series C
1945
{AExternal s f 7s series D_
1945
V
1953
;
Foreign Govt, A Municipal
115
162
*102Va 112
lADominican Rep Cust Ad 5%s_—1942
J A 1st series 5%s of 1928
1940
Teletype
108%
109
A-O
External gold 4%s
Broadway, New York
120
113% 114
;
111
110
.
ser A-1951
(Rep ol) 8s
A8inking fund 8s series B
External
Wertheim & Co.
106
♦112 y8
5%s
39
31%
104
•103'/a
ACzechosiovakia
NY
-•
♦io6y8
1949
97%
88%
31%
4V2S
works
56
56
54%
' 100
91
99
98
96%
3iy8
loan
§ A Public
Exchange
J-D
Jf-N
M-N
•
Sinking fund 5%s
70
V 51V*
1951
lADenmnrk 20-year extl 6s
Members New York Stock
56
*55
1953
7s
(Republic of) 5s of 1914
External
4%s
:
51%
F-A
l«52
31
58%
51%
1947
6s
(Rep of)
90
81%
4
*55
1940
25-year gold 4%s
90
81%
1
•
69
68%
A-O
—1947
A Colombia
Cuba
1
High
Low
No.
(Republic of)*
3s external
ACosta
Since
January
Sold
'
High
A 0s
J-D,
.
REctor 2-2300
Bid A Asked
Range
Bonds
Thursday's
or
f'U/7V;" £010
Colombia
,
1980
:
Last
Bale Price
A6s
.v.
Telephone
Week's Range
Friday
Interest
Exchanga
Period
January 1
Low High
Sold
High
;W;:bonds
-
Range Since
Bonds
r.
Bid & Asked
Bale Price
Period
Low
Transit Unification Issue—
3%
.
City u-'»•
New York
-
;
v:.-V;'
Cseveraineat
■
Last
Interest
Exchange " v
'1
r$jy r
■
Stock
Week's Range
or Friday's -
Friday
.
'
AUGUST 9
FOB WEEK.ENDING
Telephone HAnover 2-0050
Teletype N. Y. 1-971
.
COMMERCIAL' &
THE
FINANCIAL CHRONICLE
^Mon4ayf August
12,1945
NEW YORK BOND RECORD
•
: range for week
ending'
august
9
1 '
if
B
O.ND.S.iU-~A^
Stock Exchange
New
York
? *
1
.
:
-
'.Friday^ Week's Range:/::.-.,.A/
Interest
Last
Period
Sale Price
Friday's
or
Low
Buffalo Rochester A Pgh Ry—■
Stamped
modified '(interest
Railroad Reorganization Securities
Membert
61
Broadway
5s
-
Bell
*
.
r* ''
Interest
V
Last
Period
Sale Price
Bonds
Friday's
or
1964
1952
M-N
(Int reduced to 2.375% )_._2001
AeMsS extl secured s f
:
1957
M-N
Asked
High
M-S
SASan
Bid <£
Low
Santa Fe external sink fund 4s
A
■
(State)
89-__ :.
(Int reduced
A8s external
to
45
45
A7s extl
water
2.5% )*-.iw_1999
:
extl
V-41
secured
45
37%
J-J
J-J
2% )
71
2012
61%
64
54%
J-J
A-0
60
82%
60
54
30
A-0
1978
*75%
k
ri.")-
78
85
64
"
'////
...■
V--'
J-D
Sydney fCity> s f 5%s
AUriiKUuy (Republic) extl 8s
1955
1958
v-i/:
|/ /pF
ve
•s
•
•23
16
16
2
2
25
16
104
102"
F-A
*120
'
1960
M-N
*115
M-N
*115
:
•
■
'
-V
5s
'"'V
•
•
1979
1
■
■■!***•
■
4-4%-4%8 .extl readjustment
3%s extl readjustment
:J^A/;
1984
Chesapeake
99%
99%
gold 4s ilasq
JJoll trust 4s of 1907
1
1947
Alabama
Great
Southern
3 Vis
1967
Alabama
Power
1st
3%s_*
1972
mtge
Albany & Susquehanna RR 4yas._1975
Alleghany & West 1st gtd 4s
1998
Am ft Foreign Pow deb 5s_;
American Telephone JSs
3s conv
2%s
V
87
98
98
'
86 Ya
86
90
Tobacco
_.1956
,,
3s
debentures
A Anglo-Chilean
i ppp
,
—........1975-•
Co
M-8
83
'.V" !
-*r
deb
3s
1962
1969
.......
Nitrate deb
21%
18
.
;i04%
'i.'i:
II
M-N
*104
J-J
A-O
,
.M
M-S
*100%
108%
M-5
157%
F-A
1
;
;w-'
105%
,
102 %
1993
Q-J
•
105%
109%
1S95
114
116 Va
30
103% 103%
135
103%
104 >/4
143%
*
116
107%
m*>
A-O
133%
1st
35
105
107 y4
Gen
conv
92%
-
*124
12
mm
'
'^r
-mm
125
120
:
2
98%
-.T
131% 141
mm
124%
WW#'>
33%
J-D
A-0
85
44%
108
109%
106 ya
100 %
102% 102%
J-J
42 %
38
43%
43 V*
37%
37
35%
♦35 y4
A-O
39
...
♦..
F-A
F-A
107%
"~T
49%
J-J
107
*106?
105%
105
106
106,
45
*33%
...1966
103r
»•
103% 108
6
1989
-
/
1445151%
J-J
*122
105
107%
104%
14
54
*132% 134
107%
132% 135%
—»
'
A-0
53%
124
53%
52
J-J
F-A
99%
98
"2
55%
16
99%
58
/ 64%
116% 119%
117% 119%
102% 106 y4
v
103'/4 103%
•
52
47
117%
117% 117%
98
172
103%
3
-
J-J
55%
,
M-N
/
•IO2V2 103 Va
M-N
J-J
80
,
(■'
*144./;
—
•
-»
96.
J-J
60
96%
15
60
J
'•
J-J
77%
J-J
xaoo
63
10
77
J-J
--
72%
57
107
103
—
mtge 4s ser A_
inc
105%
105% 105%
53
:
107% 110%
105%
105
11
A Jan 1 2019
Apr
94 Va
111
Apr
94%
76%
93
Jan 1 2044
ser
75%
77.%
160
91%
74%
Apr
'85
84 %
85
105
84
B
ser
80
53
13
77%
56
*100
56%
J-J
J-J
64
1
88
64
*»«*
107%
96%
98%
104% 107
*104% 105
—
F-A
J-J
•86 V4
112
64
87 ^ 87
■
84
87
1
'it'.
A-O
59%
61%
M-5
64
64%
46
Gold3%8_————————1951
Memphis Div 1st gold 4s..—....1951s
46
'
103%
56%
356
1952
series A—.
M-N
35
188
108
33
J-D
1
.
108 :r
106 ya
92%
72%
60
1934
4 Vis
AConv gold 4 Vis—_—
1960
Chicago St L & New Orleans 5s.... 1951
109%
35
50
1
105Va
106%
J-J
4s ———*—11988,
ACertificates of deposit
ii3y41141%
•46
48%
5
145 y8 145 M»
J980
AGeneral
107
109"
113%
113
107
8
50
105% 105%
..
108%
107% 110
107%
49%
52
.
107
107
107% 107%
j A Secured
109%
61%
60%
58
42
36
J-J
lARefunding gold 4s
1948
debs
73%
37
♦109
J-J
.
4s~
73%
39%
73%
tChicago Rock Island ft Pacific Ry—
122% 131%
■
33%
M-S
Chicago & North Western Ry—
2nd mtge conv lnp 4%s—Jan 1 1999
1st mtge 3S ser B—
-..—1989
tiAChicago Railways 1st 5s stpd
25% partial redemption
1927
90% 104
123
87%
22
.21%
76
Chic Milw St Paul & Pac RR—
'
J-D
72%
23
24
J -J
-—.1994
mtge 4%s inc
4M2S
m»4
74
22,
F-A
Chicago Ind Si fcou 60-yeai 4&__;
107%
:
108
Indianapolis & Louisv Ry—
105%
99%
96
99%
22%
M-N
1996
—
«
103%
133% 133%
Nov
M-N
*<■
103
*96
.;
87%
75%
i.1996
mtge 4yas__—-Janl 2038
17
*99
105%
93
__;.J992
Alst mtge 4s inc ser A
,___1983
2nd mtge 4>/as lnc ser A—-—.
2003,
159%
103
107
105
22%
'
„,V->
91
87 %
104
—
A-0
A-0
.1958
J,!;
109'
89 %
'
92
F-A
;
105 y4
107 Va
♦104% 105%
M-N
1959
1021/2
105 % 105%
F-A
105 y4
105
Ry—
105% 106 y4
106
.
Ohio
&
104%
104
& Charlotte Air Line
Ry—
1st mortgage 3%s...__
....1963.
Atlantic Coast 1st cons 4s
July 1952
General unified 4%s A
...1984
Atlantic & Danville Ry 1st 4s
.1948
2%B
121
J-D
1945
—..1945
gold 4%S
AGea inc
Atlanta
mortgage
108%
♦105%
■
'
V./-W,
194b
Nov
A Gen mtge Inc (conv)——1997
1st. mtge 3%s ser B—.———1985.
Chicago ft Erie 1st gold 5s
.—..1982
Chicago Gt West 1st 4s series A
1988
Fe—
Adjustment gold 4s.»..July 1 1995
Stamped 4s_
July 1 1995
Atl Knox ft Nor 1st gold
5S.......1946
;
Atlantic Refining
114%
*107
♦88
105%
F-A
-
156% 157%
.104%
A-O
!_
Chicago ft Eastern HI RR—-
103%
104%
•■
:v?"^s® 100% 104
"
33
107% 110
108% 109
103%
A-O
gold 4s
1st ft ref 4%s series B_—
1977
1st & ref mtge 3ysS
.——1985
Chic
A-0
1st
General 4s
107
III I
105 J/4
109 »/4 109%
*—
115%
Jan
General, 4 s
Second
116%
108% 108%
F-A
1st & ref mtge 27/ss.—1970
104% 104%
j-p
...^1967
Ann Arbor 1st gold 4s
Atchison Topeka ft Santa
123%
113
114
F-A
lACLlcago ft Alton RR ref 3s
1949
Chicago Burlington & Qulncy. RR—
86%
18
14
21
14%
104%
;
P
2d consol gold 4s
'''
86%
»
■; -i.
99%"
'
2
r-
99%
99%
Telegraph Co.—
debentures.
debentures.
2% debentures
Amer
...2030
„
U
Ref & impt mtge-3yas D__
Ref ft impt M 3%s series E
R ft A Div 1st cons gold 4s
99%'
'
'
:
F-A
86%
RAILROAD AND INDUSTRIAL COMPANIES
Adams Express coll tr
124
113
♦105
A-O
Champion Paper & Fibre deb 3s_—1965
•**•
yiy
32
'
*95
F-A
"
99"
».J,
J-J
1958
\
98
J-D
1978
7s
98
114%
M-5
I960
Illinois Light 3%s.i_..—£1966
General
;
M-N
1978
conv
Branch
F-A
1981
120
120
mm
V.
M-N
•
1979
;
external
119
120%
-113
J-J
1965
stamp (partial redemption)_.1942
mm
.
..
($ bonds of 1937)—
gtd gold 4s
Corp 3s debs.
Corp 3%s debsjR:
v (4Vt%
to Aug 1 1949)
——.1974
lACentral RR & Banking Co—
:
20
104%
"
'f
.
readjustment
1st
1965
4s.__J.i*_.—-.'-.-.-.;-..1987
^ A 4s registered, —;
_-._J.98Z
,
20%
■
(City)
116
121%
♦104
4s
Ohio
Central N Y Power 3s
i
—1974
Central Pacific 1st .ref gtd gold 4S.1949
1st $ ref series A*.
•
■:
21
12%
•
104
1964
A External sink fund 6s_.^
76
12%
-
J-D
*1940
6s
23
•
.
-
F-A
•
&
AGeneral
1958
A4%8 ASRAntRd
125
125%
118
% 121%
♦121
deposit
t A Cent New Eng 1st gtd 4S—...1961
JACentral of N J gen gold 5s
U987
A5s registered - ——..—....1987
••
7s__
A4%s assented
of
Clinch
Adir
Central
61
71%
mm
82%
12%-
■-
J -J '
C..i...—.1959
^
mm
12%
AWarsaw
118%
115
116 Vi 116%
F-A
1951
AChatt Div pur money gold 4s..1951
§ A Mobile Div 1st gold 5s_i———1946
'
12%
3%-4y8-4^ extl
4%s—
106% 108
121%
120 YB 120%
A-0
1955
ARef & gen 5%s series B
ARcf" & gen 5s series
■
(Kingdom)—
conversion
116%
J-D
4%s
§ A lst mtge 5s
f AConsol gold 5s—
69%
55
*55:';-;
12%
External.
1970
J-J
ICentral of Georgia Ry~*
;
60
■
•
*54
-
Jf-N
External
9
5
10
119% 119%
121% 122
1161/« 116'/a
J-J
4 % s.—.......195B
A Cent
71
55
*
mm'
'w
M-N
3%s-4-4Ve %
101%
♦106%
A-O
1969
Celanese
"
1940
AExtemal sink fund
71
65
— -
71
*56
1962
:
Oct
gold
Cart ft
60
/
*66%
.
M-S
1968
extl
j
107
101
M-JV
gold
gold
Carolina
43
57
--
*07
-
J-J
...2004
extl
of)
^
-
107
105% 105%
Guaranteed
Certificates
'
external
(Prov
5s
Can Pac Ry 4% deb stk
perpetual!—.
tlACarolina Central 1st gtd 4s
1949
48
45
"
1962
A Silesia
gold
Guaranteed
54
40
v.;
*67
J-J
.
series B sec
.
.4 .'
Stamped pursuant to Plan A
(Int reduced to 3.5% )
A 7s
..—.1974
gtd 5s A
3962
gold 4%s
1957
Guaranteed gold 5s
I
Celotex
'
A 8s
3
'
A
dollar loan
SeitoA Croats & Slovenes
48
45%
Stamped pursuant to Plan A
(Int reduced to
IA Secured s f 7s
%
*67
J-J
•
ififjp
.1958
_
(Int reduced to 2.25%)
\ " 22:
48%
Guaranteed
High
'v;;.
1999
loan
Low
95% lOO
A
Stamped pursuant to Plan
A 0s
J-J
.ivS
(Int reduced to 2.5%)
.
Guaranteed
January 1
;/
'iy'-t
45
*_.
»
193ft
A
,
/
;v/- 26
46%
c
l.
Stamped pursuant to Plan
Sold
No.
'p',f
.
Stamped pursuant to Plan
High
Low
85;%
*
*..1960
cons
Canadian National
Range Since
::: •X/.15
99 A 100
Stamped pursuant to Plan A
(Int. reduced to 2%)—^...2012
IA San Paulo
•> > 1
.
Week's Range
Friday
Exchange
Paulo
(City) 8s
Stamped puisuant to Plan
Range Since
January 1
Mo*
Teletype—NY 1-310
Canada Soucnern
Stock
45
«...
Calif Oregon Power 3%s—
York
.v.
New' York 6
'
BONDS
New
84%
1955
Bush Term Bldgs 5s gtd
York Stock Exchange
Hew
Telephone—DIgby 4-4933
•
85%
——
Consolidated
High
45
y
ACertiflcates off ',:deposit-iii;isA.l;ii
Bush Terminal 1st
4s...—..-...*....1952
iPFLU
Sold
at
3% to May 1, 1947) due__
1957
tBurlington Cedar Rap & Nor-—
5 A 1st & coll 63..,;„..,i*
.......1934
■
Bonds
Bid & Asked
81
28
39%
105% 110
J-D
100%
J-D
100
101% 101%
103
106
Chicago Terre Haute-ft S'eastern Ry
1st
&
ref
M
1994
103
J-J
2%-4'As —..—.——1994
J- J
2%-4%s
—
mm*
106
"■
•
107%
'
Income
Chicago
1st
;
Baltimore ft Ohio RR—
1st mtge
i "
gold 4s_
mtge
Oct
1
(int
1946)
Ref &
1
1946)
gen
to Dec
ser
1
4%
due
Ref ft gen ser A
Dec
at
due
C
(Int at iya%
1946)
due
(int at 1%
mtge
5s
ser
1
1951
A-O
A-O
131%
J-J
103%
1970
'J.-.
103%
1st
s
&
Southern
(stamped
Ry.—
tABoston ft N Y Air L 1st
Bklyn Edison cons M 3%s
Bklyn Union El 1st gold 5s
Bklyn Union Gas 6s series
106%
106%
Columbus
1st
104
Commonwealth Edison Co—
i960
65
68
61%
63
M-N
103%
;;
60 y4
:
103% 103%
84%
61%
85
1st
&
mtge
Tol
3s
1st
1955
extl 4s
series
L
t'•'
i
.—1977
Conn Ry & L 1st ft ref 4%s
Conn River Power s f 3%s A.
1950
103%
F-A
105%
*106'/a
1947
106 ya
M-N
106%
♦103y4 105%
1969
A
f debentures
103%
106 y8
M-5
105% 105%
105%
107y8
103% 104"
3%p
debentures.—
103%
106%
3%s
debentures———:
Buffalo Niagara El 1st mtge 2%s_1975
see
page
849.
M-N
105%
-*•;*/:
Consolidated Cigar Corp
.—1951
M-N
121
•
..
91% 100
80%
93%
105
110%
108
110%
104
104
104
106%
F-A
O;
A-O
A-O
108%
A-O
107%
A-0
105%
110%
-108% 108%'
io7ya 107%:
105% 103:
debentures—..
•
*1157/8
F-A
64-
106%
..
j-112%
^106%
ill %
116%
106':
110
105%
108%
105
108%
61
84%
108% 106%
109% 109%
♦111
J^
A-O
3y4«—.—1968
4
109% 109%
F-A
F-A
1961
Consolidated Edison of New York—
3% s
90 %
.jv
♦105 y4:-
105%
106%
63
♦87
105% 106
•108%
A-O
Ohio
F-A
J-J
J-J
108%
—
94%
M-5
Columbus & Sou
98%
109
93%
El 3 Vis..*—1970
Columbus & H V
1955
107%
104% 108 'A
extl gold 48—1948
105%
4s
113%
103%
'62%
109
99%
107%
112
ir-N
102%
__
Y
modified)—.—1980
107%
98%:
.1990
19701
——1977
f 4%s series C
103%
♦106%
103%
ft
♦105% 106 y4
68
100
45
M-N
4%s
63
77%
.
Pittsburgh RR-*" $
Series C 3yas gtd
——1948
Series D 3 Va 8 gtd.
.—.—.1950
Cleve Short Line 1st-gtd 4%8—*—1961
Oleve Union Term gtd 5%s.^—.—1972
1st s f 5s series B gtd
.—1973
;
5
63
42%
-
'
34
8t L Div
gold 4s
5
-
109
coll tr
c
^'r •
105%
105
♦119
1st
-
104% 104%
J-D
1:108% 108%
J-J
*
105
♦112%
J-J
Colorado
A-O
105%
104%
J-D
Cleveland
...
M-N
f'-Jyfhr.y
J-D
J
—1903
—-—.**1993
M-5
i960
105
.F-A
•v;;
78%
112%
107 y®
42%
5
45
78%-
v. ■
A-0
>A
ft St'Louis Ry--
gold 4s—-1
General 5s series B-
M-N
1961
.
108%
110
105
43%
♦44
•
100
104% 108%
2
r-1"'
43%
——1961*
1967
July 1970
•
107
•
110
*107
A-O
94%
41).
95
110
M-S
1969
1—;.1974<
Cleveland Elec Ulum 3s
-131% 132%
103
1975
TPermlnal—; ;;•♦;
ser G
..1955
series II
footnotes
100%
103% 104
105 :-105
*103
'
110
Ref & impt 4%s series E._.
1977
Cln Wab ft M Div 1st 4s——*—1991
'
-
I
mtge 4s series RR
AInc ratge 4%s ser A
For
103%
1960
1st gold 4%s series JJ
s
J-J
J-J
.
1st
4s
103
2%s
dhio
General
-
102% 103%
Boston ft Maine 1st 5s A C
1st M
83%
:68%
RR—
Corp—
2%s
67%
102%
1959
1951
Bethlehem Steel
82
*
..1950
1951
5s.——1952
City Investing Co 4sr debs
Cleve Cin
82%
68%
100.
stamped
com
mtge gtd 3%s series E
1st mtge
83%
100%
Beech Creek Extension 1st 3%s
Bell Telephone of Pa 5s series C
Cons
82
1951
ref 4s
4s
Cincinnati, Union
1st
(int at 3%%
to Jan 1 1947) due
Toledo Cin Div ref 4s A
Bangor ft Aroostook
92%
'
2000
'•»«*
94%
108% 108%
*106% LOT:
'
.
M-N
>
Feb 11960
S'west Div 1st M
86%
92
:
.1990
due
83%
92%
J-J
A-O
Cine Gas & Elec 1st mtge 2%s
to
Pgh L E ft W Va System—
Ref gold 4s extended to
Con
v
to
Sep 1 1946) due
• AConv
.
102% 101%
84%
.1998
(int at 1%
due
Ref ft gen ser F
»
102%
*
1995
Ref ft gen ser D
Sep 1 1946)
to
K
J-J
tAChoctaw Ok ft Gulf
r"
to
July 1948
(int at 1%
3-i
..1952
1st & ref 4V4s series D
..1962
ISAChilds Co deb 5s part paid..—1943
SADebentures 5s part paid
1957,
July 1948
gold
1*
.1963
..—1963
mtge 3%s series F
1st mtge 2%s ser G
Chic & West Indiana- com 4s,
Stamped modified bonds—
1st
Union Station—
106%
108%
111%
116
110
'
108% 110
111
111
105%
107
v'
105%
103%
105%
101% 101%
101%
103
"101% 101%
101%
104%
104%
106%
,
;
———1948
——1950
*—1958'
A-O
A-O
J-J
101%
104% 104%
'
COMMERCIAL, & FINANCIAL CHRONICLE
THE
.Volume 164" Number' 4515
847;
1
NEW YORK BOND RECORD
RANGE
% B OND .8 ttttt y
York
Stock
Friday
Interest
Exchange
Week's Range
or Friday's
Bid & Asked
Last
Period
New
Sale Price
Low
{AConsol
Ry
deb. 4s—1954
non-conv
A Debenture
4s_
ADebenture
4s
Sold
55
1955
*__
.57: ::'-
.
Stock
Interest
Exchange
Last
Period
Sale Prioe
Hi Cent and Chic St L ft N
Joint' 1st ref 5s series A——1903
76
January 1
Sold
Low
High
102%
Ill
99 Va
42
'
1956
Consumers Power
1st
*_.
2%s__ 1975
Continental Baking 3s debs.
1965
Steel 3%s
Crucible
mtge
ADeposit
A6s
B
ser
receipts.
deposit rets
A
ser
>
•
L*
57
Ind 111
&
Iowa
1st
J-D
1970
J-J
103%
103% 103%
J-J
105%
105% 105%
Inland Steel 1st mtge 3s series F__1961
{International Great Northern RR—
46%
2
46
51
81%
>,
41% '•>
7
80%
40
86
48%
AAdjustment 6s series A
45
46
8
45
53 %
A 1st
5s
46
46
A 1st
gold 5s series C_.
5 '
v
:
,
46
5
A 1st
53
,
6s
series
series
'*AInternat
Internat
A
1975
104
1965
4
v
B
1965
104
103
;
106
3
105 Va
107 Ya
A-O
>
32
33%
43
32
>
71%
72% '
10
72%
J-J
-
92
92
70
16
933/a .101
93
101ft 101 Ya
11
101
100
105
26
100%
104 Va
*103%
Jf-N
1952
f
100% 101
100%
J-J
1972
54Va
69 3A
71%
33%
J-J
1944
98
75
18
—
103%
103
103%
103%
106%
1963
99 V* 101
*100% 101
99%
104% 104%
James Frankl ft Clear 1st 4s..
AIncome Mtge due.—..—..-*.1993
Morris ft Essex division
•
Coll tr 4-6s
56%
t A 1st
consol
8AConsol
A Ref
ft
Detroit
Gen
ft rei
Gen
ft
ref
4s
series
F*_*.
3s
series H
75
61%
79%
75%
77
63%
80
10%
F-.4
10
A-0
69
10
10%
67%
,
11
69
8%
8%
,
29%
1st
M-S
*108
J-D
104%
—
120%
__
155
157
Duquesne Light 1st M 3%s
J-J
1965
loo
107%
105% 10614
M-S
B—1976
Dul Miss & iron
110%
M-N
*121%
J-J
*155%
J-D
*102
Elgin Joliet & East Ry 3%s
1970
M-S
Plain
75
63%
Ei Paso ft 8 W 1st
6s—.——1965
A-O
1905
98%
-
J-J<-
1st
A-O
1964
—1990
•103
104 Ya
m-a
F
S
*105
1997
11964
182
*104% 105
4%
—
•*
reg...———.1978
81%
*107%
mtge 3%s
106%
♦
-
S.,107
1157/a
..106% 115 Y4
5S
■
stamped
'■
—...
A 1st
;
&
1959
ref 58 series A._
A Certificates
of
■>'
.*110
IFlorida East-Coast 1st 4%s.
•
*110
•-
131
..
*
78%
78%
*70
98
*103
107
*
Francisco Sugar coll trust 6s—1956
1
Little
Miami
4s
gen
j.
1974
Guaranteed
-
Gas ft Eleo of Berg Co cons 5s
1949
General Realty & Utilities Corp—
2
t A Georgia ft Ala Ry 5s—..Oct 11945
J-J
.
of
deposit
*52
87 Yi
96 Y4
52
48
49 Ya
65
"*46
45
60
:j>56%
57%
.91%
80%
Certificates of deposit.——*——Goodrich (B F) Co.
Grays Point Term 1st gtd 5s
Great Northern Ry Co—
General 5%s series B
1947
63%
61
73%
88
88%
83 Ya
94 Ya
*132
/
_*
119.
118%
119
*118
*102%
1973
J-J
J-J
129%
1977
J-J
10714
Gen
1990
J-J
Q————2000
J-J
J-J
mtge 3Vas ser N
ser
mtge 2%s
Gen mtge 2%s
ser
P*_—....*.1982
ser
Qi._*2010
ser
R__
129% 130
136 Ya
J-J
Feb
10714
107
27
99%
66
102% "107
983A lOOYa
90%
45
90 V*
90%
90
2%s
1961
ADebentures
Greyhound
ctfs
Corp
debs
3s
...1959
Gulf States Utilities
1st
M
11%
24
2
I03;
6
105 Ya
107 y4
99 V*
104 Y4
102%' 1023/4
*1003/a 101Y4
1047/a
Corp
2%s
1970
J-J
1013/4 104
100% 1003/4
18
—
F-A
A-O
r'
102% 104
102%
*__
140 Va
102 Ya 102
Ya
104%
(Chic)
1950
,103%
*22%
4S..1938
;_>r
f
i
1st mtge
4%s inc
ser
mtge 4s inc
i
28
•100% 103
ituii
..1952
106%
*105
106 Vi
111
•60
:
72%
A_
J-D
102 Ya 102 Ya
102 Ya
89 Ya
*
88 Ya
♦111Y4
>71 %
73
35
;
104%
94
111% 113%
80
—
66
80%
35%
30
45
93% 101 }
lien
4%s
,"!■
-,1
,-,■—,,.1951
84
,
gold 3s sterling—
1951
Collateral trust gold 4s—1952
;> Refunding 4s
—1955
A 1st ft ref 5s series A
98%
1147/a
St. Louis Div & Term
104
98%
93%
45%
91 Ya
102 Ya
93%
93%
907/a
103
903/4
103
.
page
849.
92 Yt
33 Va
34%
32
92
93%
90 3/4
103
91%
93%
90 3/4
1023A
87%
,94
ref
5s
tr
.
108
102 7/a
12
21
.
Moh'k
107
106
102
,.
U 97
3
*106%
104
1053/a
90
♦..
102 Ya
,:s-f
*—
105
.::r '
.
V
993/4 100Y4
*—
101 Y*>
1951
91 Ya
-fci*
t:
973%
102
101
.•••*—
•
,
—.
'
105 Ya
'. '■4
102
v.
Essex
Constr M 5S
Const.r
M
1st
—
103
103
102 Ya
103 Ya
69
gtd 5s.
.,
70
78
79%
71%
.
..1955
73
100% 101
Mountain States Tel & Tel 2%s—.1986"
Mutual Fuel GUs 1st
106 Ya
103
—1958
....1955
106
100
gtd 3%s.——.2000
series A
4%" series
—
103
66
77 >
71
lOOYa
:
74%
"89%
833A
102 Y4
107
-1947
103
1023/4
106%
105%
■
Morris &
ft Co 38 debs:
89
♦102
106
M
*96
y:
Morrell (John)
•105%
102%
993/4
.
gttt gol(f 4S.—199!
& Malone 1st
46 3A
106
103
*«
38
1033%:
Ya
108 V2
106
——
~
88%
Monongahela Ry 3y«s series B—..1966
Montreal Tramways 5s ext
*.1951
*
■
series G———.1978
ft
i
5s series F_
104%
102 Ya
64 V*
Conv gold 8% s.
——**.1949
Alst ft ref gold 5s series H——.1980
A 1st, ft ref 5s series
***.*.1981
ref
109
.
413/4
1977
ft
104 Ya
;r-MM r
-45
107% 107 Ya
94
95
>
see
>v
104 Ya
98
...*1955
Gold 3%S_
1951
Springfield Div 1st gold 3%s
1951
Western Lines 1st gold 4s—.1951
Vv Registered
:*
——
103%
1033/4104 y4
..1953
gold 3s
44%
.1975
•
92%
A 1st
104%
V-; 1
-
103
40-year 4%s
——
..1966
Cairo Bridge gold 4s
—1950
Litohfield Div 1st gold 3s
1951
Louisville Div & Terra gold 3%s.l953
Omaha Div 1st gold 3s—*..1951
92%
1968
4s.
96 Ya
99
—1978
103 Ya
>
*68
3%s——..1952
—
105
103 Ya 103 Ya
1st
Refunding 5s
105s/a
—
*103
—1951
gold 4s
D—
>,
87 Ya
a
106:;:;
*107Ya
1951
—
series
101%
93
*1962
:
{Missouri Pacific RR Co—
.
A 1st
105
84
66
1990
ACum. adjust 5s aeries A.**Jah 1907
;
74
■••• 34Ya
Prior
100%
89 Ya
106 Ya
99
1971
Jan
ser A.——Jan 1991
1st 4s
40-year 4s series B__
.
gold 3%s—
footnotes
El
,
150
100%
148
*146
RR—
.-•••Ist- gold 48.*..—.
1st gold 3%s
:
For
94%
Missouri-Kansas-Texas RR—
Prior lien 5r series A*.—..—*.1967
1 if
lines
Feb 11957
111
A Gen
Illinois Bell Teiep 2%at series A—.1961
trust
—
94%
106
ft
AGeneral
Purchased
fund
87%
87
*103
lmpt'4%s series C——1979
Ref
*
Collateral
Side
Mo Kansas & Texas
M-N
AAdj income 5a.—,—Feb 1957
1st
106
Minn St Paul ft Sault Ste Marie—
U-N
Hudson ft Manhattan 1st 5a A—1957
Extended
105
102 %
116 .119
'
Finance
Central
B
Michigan Cons Gas 1st mtge 3%s*1969
43 A Midland of N J 1st ext 5 s—.^.1940
*
J-J
Hudson Coal 1st s I 5s series A...1962
Hudson Co Gas 1st gold 5s—..—1949
Illinois
i960
..1954
A
ser
ser
Jack Lans ft Rag
1st gold 3%s—
,
Household
*104
>*—.
*103
H
.booting vuaey Ry lec 4%a———199*
fSAHousatonic Ry cons gold 5s
1937
100
105
117%
100% 100%
2003
G.
Metrop Wat Sew & Drain 5%s
173/4
17
jU?
113 V*
*106% 107%
tSAMet West
993/a
M-S
110 Ya
Michigan Central—
M-N
Hackensack Water 1st mtge 2%s._1976
107%
111% 111%
Metropolitan Edison 1st mtge 2%s.l974
79
99 V* T02
"
106 V*
104%
*63% 100 r
99 Ya
1063A 107
•
120
104 Ya
1959
75
11
A-O
^
4%s
Sugar 4s sink
98
103 Ya 103 Ya
_
116 Ya
105%
105% 105%
105
*
AManila RR (Southern Lines) 4s
77
1063/4
J-J
ser
4s
99
11
11%
J-J
2%s...l976
coll
*75
A-0
Ohio 4s series B_.
1975
Gen mtge toe 5s series A——..2015
1st dr ref 3%s series D.—_loso
mtge &
*97V*
■4'** '
Feb
Gulf Mobile &
1st
Manati
91%
.
'
mtge
AGreen Bay it West deb ctfs A
27/aS
Maine Central RR
110 h
102 Ya
104
98%
99
\
134 Ya
3
102% 103%
103%
116% 116 %
F
series
107 7/a
107%
122 Ya
1403/4
127%
19
10714 107%
103
J-J
Gen
Gen
119 y4
1
136% 136%
General 4%s series E
3 Yas
6
17
119% 120%
*—.1970
107%
105%
105 Y«
11"
J-J
General 5s series C
> 136 Ya
117% 120%
132
—
—.1952
General 4%s series D—
Gen ih tge
102 Ya
M
;
1064
105% 106
*105% 106%
1949
M 3%s
ref
69
62%
52
62%
Bt Louis DiV 2d gold 3s
—1980
Atl Knox ft Cine Div 4s———1951
118
; 116
—
102% 103%
103%
J-D
64
ref
1st &
57
.
™
*112
~M-N
1st mtge 2%s_1965
__
&
= :
54 Y*
54
*52 %
—
1st
99
88 Va
-
—1949
Louisville & Nashville RR—
89
58
*112
~
56 V2
1
56%
56%
-
—
18AGa Caro & Nor 1st ext 6s—*..1934
82%*,'
21
86
99%
96
80
,
105%
gold 4s
stamped.—..
stamped.:
.
-
M-S
ref
; 93
84
92 %
■
Lorillard (P) Co deb 55———--—1951
58
3s
3s- debentures —————^*—--4.19621
Louisville Gas & EJec 3%s„.
ft Elec 3%s—
I960
i\
J-D
A 4s conv too: debs—1969
Certificates
4s
94
95%
Long Island unified
*
1
-
,
82%
—1962
A
98%
93%
>95%
2003
series
'
102
95 Ya
Lehigh Valley Terminal Ry ext 5s_195i
Lex & Eastern 1st 50-yr 58 gtd
1965
Liggett & Myers Tobacco 6s
.-1951
>
100 Ya
.'
97%
♦96
.*1974i
64 stamped modified....
103% 103%
1974
deposit
—
■
84
v-v: '/•
-
♦lOOYa 101
.
104%
*'
*100
1964
1964
fceh Val HarbOf Term gtd 5s——1954
Lehigh Valley N Y 4%s ext
..1950
Lehigh Valley' RR-^
1
48 stamped modified
.2002
4s registered
2003
4%s stamped modified*
—***.2003
'
4 %s registered
**!——200J
>
>
V.-;
104 Ys 108
r,
1954
1st ft ref sink fund 5s
5s
stamped
,
■
66
82
,
deposit
5%
'-4%
...
-
ioiu
:
_
104
107
.
•
;
-
stamped
1st. ft ref sink fund 68—•—»
.
*'
Firestone Tire ft Rub 3s deb—.1961
tSAFlorida Cent ft Peninsular 5s„1943
188
104%
>'
''32,.
5
lb8
108
•—106%
Coal & Navigation Co.-4--,--.-•
ser A
;
I
—.1970
F
5s
106
106
106
'
108 Ya
>
•175% 200
•-*.-102
*105%
72
108%
—
>109
1961
'
•
100%
98%
99
*111%
.*..*..1901
Lehigh Valley Coal Go—*
1st ft' ref sink fund
.
■;
106%
104
1961
108% 108%
,1
.
103%
86
100% iooy2
98 Va
->•">v-.' «V
*
mtge Income
Lehigh
4
of
107%
122
65%
registered—*.—.—1997
A 1st
*
102%
106%
117% 127%
124% 124%
lt)8%
100%
M-S
Certificates
105
122
1974
-
,.
•<W*.<Will'
3%8
105%
88%
J-J
.—.1953
88
88
-
J- J
2000
*
103
Lautaru Nitrate Co Ltd—
102
102%
A-0
Gew jntge ine 4%s seties A—*—2015
1st cohs mtge 3y8s ser F
1st cons mtge 3%s ser G
1st cons 2s ser H
104% 105
1959
105% 107%
54 jV41
vf
E
105% 107 y*
—1987
tAKreuger ft Toll 5a ctfs
120%
98 y-
Erie Railroad Co—
ser
83'/4
106% 106%
104%
1975
4%s
unguaranteed.*
Kings County. El L & P.6S
Koppers Co 1st mtge 3s
53%
45%
114
*105% 106%
124%
mtge 3%s
4s ser A—
Stamped
.;
>
East Tenn Va & Ga Div 1st 5s
1956
Ed El 111 (NY) 1st cons gold 5s——1995
Electric Auto-Lite 2%s debs
1950
cons
mtge
"terminal Ry 2%s
Kentucky Central gold As....
Kentucky & Ind Term 4%s
122%
J-J
M-H
J-D
109
106%
—
.
A -O
J-D
i;
85Va
76%
UJ
106%
106%
Range Ry 3%S—.1962
*#ADU Sou 8hore ft Atl gold 5s
1937
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s
—..—.*.1995
stamped
108%
gtd gold 4s__1990
Kansas City
:;
1968
Detroit Term, & Tunnel 4%s——.19bl
5s
1st
8 A Refunding gtd 4s**—*..i.1936.
AOertificates of deposit
Kansas City Southern Ry 1st 3s.*.1950
58
•>
107% 107%
109% 109'/a
*67% 71
*53 "i 55
116
116
*.*
97%
*106% lO1?
41% 41%
ser
Mich
&
Kansas City Fort Scott ft Mem Ry—
9%
9%; 29%
10%
A-0
—.1970
Det Tol & Ironton RR 2%s
105 Yi
.
F-A
—1965
mtge 3%s series G
:
104'/a
104Ya 104%
77%
104%
103 Va
107%
Laughlin Steel 3 Vis^..
104%
,
impt 5s series B——1978
Edison
73%
j-J
——-
—
104% 104%
73%
110%
109
j-jr--'
..1936
102%
98
100% 101
100%
V—•
67%
64%
64% 65%
109% 109%
ft
uones
Kanawha
48
gold 4%8-iwu—...W-.1938
AAssented
104
56%
56%
56%
c
A-0
1973
{Denver & Rio Grande Western RR—
AGeneral s t 5S————————1955
•.
•
—'—May 12042
Delaware Power & Light 3s
{Denvejrft Rio Grande RR—
107 %
Jersey Central Pow & Lt 27/aS.
,
,
105 Ya
107%
104
99%
Delaware, Lack & West RR Co—
N Y, Lack & Western div
t/tlst ft ref M 5s ser .C————19721
i
106 Ya
*103%
series
Delaware & Hudson 4s extended
■
96 V*
103
79%
79
J-J
Paper 5s series A & B—1947
gold 4%s
Dayton Union Ry 3%s
Deere ft Co 2%s debs
A-O
1950
Hydro El deb 6s
102
92 y4
94
106% 106%
J-J
1956
Int Rys Cent Amer 1st 5s B
Int Telep ft Teleg deb
Dayton Pr ft Lt 1st mtge 2%s
*__
4-0
July 1952
B
■
•
.-1952
—
99
106 7/a
96
11
.1950
41%
1946
^-1946
J-D
1963
gold 4s
46%
Va
98
—1963
Illinois Terminal Ry 4s ser A
102%* 104
56%
60
-
1st & ref 4%s series O—
1st ref mtge 4s ser D
>■
81%
—u
rets
deposit
27
'
W
*103% 104%
*55
55%
75
104% 108%
102% 108
—
>
*104% 104%
IA Cuba- Northern Ry 1st 5 % s
19 42
ADeposit receipts
ACuba RR lst-5s gold-.—........1952
A7V2S
60
105% 106%
1955
f debs
s
105%
High
99 Ya
No.
102
102%,
J-D
Range Since
Bonds
Friday's
or
Bid & Asked
Low
76
55
57
■
York
High
Low
No*
New
Week's Range
Friday
UUNJUS
■
Range Since
January!,
Bonds'
High
*—
FOR WEEK ENDING AUGUST 9
106%
104%
105%
Nashville
1st
Chattanooga h. St tbuis^-
mtge
:;
3s ser B_...... 1986
National Dairy Products 2%s debs_197o.
National Steel 1st mtge ,3s—1965
t AMaiiorofnnlr
PP.
1 fail
ornlH
Aa
...1954
F-A
J-D
A-O
Jf-N
,
103%
105%
..
>
*
,
104%
103
103%
>105% 106 V4
? *106Y8 • -*
103
1033/4
102%
105%
103 Ya
106%
107%
110
,THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 12; 1946
NEW YORK BOND RECORD
RANGE
Friday
BONDS
York
Interest
Exchange
Stock
Last
Period
New
Sale Price
.
or
Friday's
5s—1M8
3-D
England RR gtd 5s—-—1945
§ A Consol gtd 4s——-——
-1®™
New England lei <u Tel 5s A
J-J
J-J
Consol Gas
cons
t§ANew
1st
N J Junction
J-D
—19j>*
gtd 4%s series B
RR
—1980
gtd 1st 4s
New Jersey P & L 1st mtge 3s
99
97
N O & N E 1st ref & Imp 4%s
1952
New Orleans Term 1st gtd 4s—.—1983
•
J-J
J-J
AUGUST
9
York
Stock
V
Low
108 %
99
99%;"
High
Pere
110%
Marquette Ry 3%s
Phila
Bait
Wash
1st
5s
General
103%
to
series
D
ser
109
'
118
Phila
110
Electric
1st
.....
ref
&
1st
109% 109%
108
107%
-
108%
T1 a Philippine fly
107%
13
and
2%s
J-J
J-D
1967
f
s
4s
-
1974
1st
of
J-J
1971
ref 2%s
ACertificat.es
111%
ref
to
Ry—_ '
M
j ANon-cum lnc 5s series A
^Certificates of deposit
——
A 1st
1954
A
5s
series
Certificates
A 1st
5s
of
of
5'/as
deposit—.=
series
Ref
A
imut
3%s
A
5s
series
Hud
108% 109
,.1998
89
89
2013
91
2013
3%s
registered
983/4
100
1097
100
*97
—
Lake Shore coll
gold 3%s
1998
registered
________1998
3%s
Mich Cent coll gold 3%s
3%s registered.
-
v
1937
88
—
1998
87%
85
85
*80%
New York Chicago A St Louis—
Ref mtge 3%s ser E.—
—1980
ist mtge 3s ser P—
1986
Connecting RR 2%s
Y
Dock
97%
100
98%
1st
lien
gold 4s
3%s series D
ref
A
98
88'A
87%
88
87
85
83
82%
Y
A
Harlem
102% 102 7a
105%
1093/4
107
113
118%
geld Rs—1948
—,—.1949
gold 3%s
N Y Lack A West
J
*100
*109
2043.
JL—.—2043
4s series A
1973
4%s serles B—1973
*—
90
/
115
88% 90
100 >/4100 y4
IN Y New Haven to Hartford
RR—
ANon-conv deb 4s
—1947
ANon-conv
deb
deb
3%s
deb
4s
deb
4s
trust
1st
V '
4s
1954
IAN Y Ont & West ref 4s
AGeneral 4s
■
N Y Power &
Light 1st
N Y A Putnam 1st
cons
N Y Queens El Lt
N Y Steam
June
1992
.
8%
mtge 2%s_1975
gtd 4s
1993
3%s
1965
1033/4
Corp 1st 3 %8.——1963
gold
tlAN
Y
West
Bost
1st
4%s
mtge
1940
35
1960
A
1998
102%
56
Northern Pacific Ry prior lien
48—1997
4s registered
1997
; Gen lien ry A Id gold 3s.
_Jan 2047
,
registered—,.^—*.
v.^
114%
2047
Impt 5s series D
1st
1975
1st mtge 2%s_—
50%
81
104%
108%
........
1964
*_.
25%
*97% 99
34% 35%
108% 108%
102% 102%
543/a 56
142
113
*111
86'/a
58
Ohio Edison 1st mtge 3s
1974
1st mtge. 2%8
.1975
Oklahoma Gas to Electric 2%s
1975
Oregon-Washington RR 3s ser J—1960
Reading Co 1st to ref 3%*
to
1st to
ret
M
ref M
3s
1043/4
26
Paterson A Passaic G to E
conv
inc
f
Gas
Saguenay Power 3s
108
St
49
;
,
t
52%
ad
4%s
General
5s
series
Gen
A
Peoria
A
Eastern
A Income
Peoria
A
O
ref
4s
ext
138%
1343/4
142
105%
109
103% X04%
—
'
*104% 105:
•105%
100%
104%
—
104
106
♦105%
..
102%
105%
103%
*1033/4 1043/4
98'/2
98 y«
98%
1033/4
*127
127
127
102%
102%
102%
102% 102%
102% 102%
101% 102%
102%
102 3/a
105 %
*127
*118
102
:
—
§
102
;
105% 105%
*1093/8 noy8
109% 1093%
163% 163%
1013/4
80
1977
*126%
81%
1967
*109
1967
*108%
125% 125%
—
—
108% 108%
—
109% 109%
60
60%
1083/4
56
109%
74
16
20%
16/
1949
1941
71
143
143%
131%
133%
—
II43/4
113
24
111 %
843%
:
■■;)
*107%
..
Ry 5%s
94%
1 qqw
97% 100%
99% 102%
1023/4
50%
1950
53%
deposit
*54%
series A
39 %
523/4
393%
52%
1st
bond
certificates
1989
•—
2d 4s inc bond ctfs...
Nov 1989
94
:94
1952
1990
80
80
•86
89
A
48
AGen
A
ref
gold 5s series A
cons gold 48.1968
TSASt P A K C Sh L gtd 4%s
1941
St Paul Union Depot 3%s B
1971
Scioto V to N E 1st gtd 4s——..1989
St Paul A Duluth 1st
108%
68
cons
series
of dep
A
Line
Air
1960
1974
2%s
117% 127%
115
129%
116
116
125%
55
55
53
613%
53%
55
53%
55%
56%
54
60%
75%
69
80%
743/s
75%
69
81 %
69
81%
107
73%
72%
73%
104
104
104:
104
deposit———
104
101% no
Co—
*100% 1003/4
78%
debs
807/a
17%
17%
993/1100
1971
TiASilesian-Am Corp coll tr 7s—.1941
Skelly Oil 2%s debs
1965
65
103
17%
99 3/a
25%
101
103
South A Nor Ala RR gtd 5s.——1963
*128
107
111
38
104%
107%
23/43 debentures
107
107
1093/4
111
—
109%
1979
*
4
mtge
Southern
;4
1st
104% 107%
103% 1053/4
'
104%
Devel
122% 123%
1303/4 1317a
130 3/4
139%
135%
4
/
122% 128%
124
/124
124
124%
406
106%
106% 106%
*103%
—
81
81%
124
/
%
:
cons
A
gen
6%s
Mem Div 1st gold 5s
8t Louis Div 1st gold 4s
135%
Southwestern Public Service
1113/4 ;-
ABpokane
Internal
:
Stanrt
nf
104'/«
106%
'I
Standard
50
•
83
107%
-
i
/
114%;
106% 106%
106% 1063/4
104
108%
1087a 1097a
106% 106%
1043/4 110%
1956
1956
1986
1996
1951
A
107%
106
108%
Southwestern Bell Tel 2%s debs—198£
?
'
108% 108 %
1994
Devel
106
94
108
J-J [,
gold 5s
4s series A—
gen 6s
gen
104%
81
104
1994
1986
1996
1961
Devel
1063/4
1313/a
A
104% 1047a
"■
on
Oil
Calif
(N J)
3Vas—197j
1st gold 4%s—2012
2%s
dabs
deb 23/8s
Sunray Oil Corp 3% debs—
Superior Oil 3%s debs
Swift A Co
debs
—
jr-a
106%
Jf-N
106%
Jf-N
;
;109%
Co—
2 3/4S
Southern Ry 1st
126
RR
2%s ser E—
mtge
109
F-4
1981
——1950
series F
1st mtge 2%s ser G—
104% 107
127
Pacific
mtge
110% 110%
1977
1969
(Oregon Lines) A
Gold 4%s
Gold 4%s
111% 113%
102% 104%
■j-j-m-
1985
debentures
Southern Indiana Ry 1st
Southern Pacific Co—
107% 1259/4
104% 104%
—
Southern Bell Tel to Tel Co—
107% 1117a
124
106
99% 101%
78
90%
67
110%
110%
106%
127
106%
61
108% 109%
104% 104%
124%
105
118% 118%
54%
107 %
—
105% 106%
103% 103%
123
1947
Oil
93
100 r
88
116
mtge 4s ser A wl—————
Union
8
?3
—
116% 119
1949
RR
112% 120
106 % 106 V*
*117% —
*53
(Guaranty Trust)—
of
in7/s
114% 114%
52,
63%
1053/4 106%
129% 1-32%
*112
,
TSeaboard Air Line Ry—
5 A 4s stamped
1950
ACtfs of dep (stamped)
ACtfs of dep (unstamped)
lARefunding 4s
1959
ACtfs of dep (N Y Trust)
ACtfs of dep (Chemical Bank)—.
1st
1317a
73
42%
107%
108%
,113: ;
*113% 114%
1965
73%
.78%
77%
44
San Fran Term 1st 4s
104%
52%
—
IA 1st term A unifying 5s
;
1981
—1952
55%
51
V;' 4.. .'.-f- -V-
ACtfs of dep (Chemical Bank)—
TSAAtl A Birm 1st gtd 4s._
193S
113%
1960
1984
473/8
41%
ACtfs
-
50%
42%
•
105%
106%
106%
of
47%
deposit
98
1978
^
i
103% 106%
102%
of
A Cons M 4%s
I
..
112
..
,
ACertificates of deposit stpdL—
TSt Louis-Southwestern Ry—
j
-
943/4
107%
104% 105%
,
ACertificates
112
108%
1947
1996
APiror lien 5s series B
I
1223/4
86%
103% 107
1003/4 102%
1971
1st 4s
gnirf
ACertificates
'
1273/4
116
86
ser A
•109%
'
1952
Apr J 990
Union
*104%
..
1949
Adir 1st gold 5s
1st 4%s
1981
5s
4s
Pekln
133
:
—'
104% 105
*107
1968
B
mtge 3Vas ser F
A
'
:
106% 106%
1087s 109
May 11948
General 4%s series D
Gen mtge 4%s series E
Conv deb 3%s
Peoples Gas L
*136
1083/a 108%
109 3/a 1093/4
6S.1949
1948
series
.
..
stpd
1958
TSt Louis San Prancisco Ry
APrior lien 4a ser A——1980
103%
138%
/
4s
General
*«,
St L Rocky Mt A P 5s
107
108
.1965
stpd dollar
Cons sinking fund 4%s
133
135
Corp—
Jos A Grand Island
St Lawr A
109%
100%
108
*1087s
1975
gold
%s
TARut-Canadlan 4s stpd
TiARutland RR 4%s stamped
90 y4
110
*108
1955
1960
4s sterl
133
123
134%
126%
..
■
Gen mtge 3%s series J
—.1969
TSAR I Ark A Louis 1st 4%a
1934
Shell
1970
cons
debentures
Consol
Elec
A
ACertificates
1985
debs
Pennsylvania RR—
.
1972
2037
2037
mtge 4%s series D
Gen mtge 3%s series H
Gen mtge 3%s series I
102%
1977
mtge 3s
s
120%
127%
.
1968
A coll trust 4s A
cons
Rochester
102 3/a
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power & Light Co.—
3s
122%
104
A 1st
100
142
—
Co—
Gtd 4s series E trust ctfs
1st
106%
117%
114
107%
-.1979
Pennsylvania
.
*132
101
Pennsylvania-Central Airlines—
3%s
121%
*127%
*112
Alst
_1974
f gold 4%s
s
•
*103
32%
96
323/4
135%
103% 103%
1971
L
series M
1st
26
21
105%
75
82
105
♦103
..
1966
1st & ret mtge 3s ser N
Pacific Tel to Tel 2%s debs
Paducah A 111
"
„
1960
,
Co—
3s series
103%
105%
AGen mtge 4%s ser A -wl.^.M—
TASeanoard All Fla 6s A ctfs
1938
1st A ref mtge 3%s series I
1st A ref mtge 3s series J
1st A ret M 3s series K
1st
2
*119,:.••
:»120
ser D—1998
1st
Electric
17 %
104% 104%
w
If ARio Grande West 1st gold 4S..1939
Seaboard
to
20
42
138%
108% 109
1973
mtge 3%s
Gas
*__
>
•*
Lake Champlaln Ry—
guaranteed 4s
1948
Paclfio
107
17%
-j
TOgdensburg to
Alst
104%
14
108%
106% 107 %
1974
mtge 2%s
1st
Revere Copper A Brass 3
98
*105% 106
*83%
2047
trust 4%s
Northern States Power Co—
(Wise)
86%
2047
Coll
(Minn)
—
..2047
Ref A impt 4%s series A
Ref A impt 5s series C
Ref A
8
18%
.
107 %
*1303/4
_
38
/ /
83
105
*128
—.
."•■
iy.'-';.':
75
39%
1943
4%s
mtge 5s conv lnc
2014
Norfolk A Western
Ry 1st gold 4s_1990
Central gen A ref 5s
1974
Gen & ref 4%s series A
1974
;
8%
86%
{
North
i...'.
58%
*1043/4 105 %
—
*.1940
5s
a Gen
<
86
..1937
1st
series
8
1033/4 1033/4
105%
17%
.
107% 111
211/4
26%
8
15%
102% 1063/4
83%
903/4
23%
5s..—1937
Niagara Palls Power 3%s
Norfolk Southern
Ry Co—
r
86
22
107
105
;V"'v
15 an Y Susq to W 1st ref
I a 2d gold 4%s
•A General
gold 5&
§ A Terminal 1st
r!
—107% 107%
104%
135
1977
Gen
1955
A Pow
78
60%
1967
JAHarlem River & Port Chester—
;
75I/4
34%
VaS series of 1927
13
142%
131
Quaker Oata 2%s deb.
773/4
75
84
1957
105
137
—1987
1986
3s—
63
1940
Debenture 4s
A 1st A ref 4
-
6s
108
105
1984
1st A ref mtge 8a——
1st A ref mtge 8s
51%
..........1948
1A Collateral
1st & ref mtge
54%
1950
104%
1977
543/a
..1950
Debenture certificates 3%s
AConv deb 6s
8
"' V'
-
513/4
1955
ANon-conv
F-A
1959
-I960
1948
1962
—1974
inc deb
v.
543/4
.1954
A
''
V
51
3%s——1947
ANon-conv
v-' ANon-conv
108%
105% 106
—
1958
1st mortgage 3%s
J A Providence Securities 4s
TAProvldence Terminal 4s
Public Service El & Gas 3%s
115% 115%
115
119 %
88%
96
97% 103%
..
105%
Potomac El Pwr 1st M 3 Vis—1966
111%
107% 109
107% 107%
2000 ■/
3
1950
4%s series D
•••..:•
102%
105% 105%
1093/4 1093/4
75
108
1950
„
series C
5s
gen
»8t
101% 106%
102% 105
104%
104 % 1043/4
,
A Pow
Mtge 4s series A
Mtge 4s series B
A
1st
106
•'
1968
141%
135
17%
1975
1st mtge 4%s series B
1st mtge 4%s series O
Pitts Young A Ash 1st 4s ser A
1st gen 5s series B
98% 100%
99%
102% 102%
..
*-.
105
1970
1975
1st mtge 4%s
High
135
^
1st mtge 4%i series B—
Pitts & W Va 1st 4%s series A
93 %
104
U-N
J-J
—1963
\
97%
833/4
1951
Purchase money gold 4s
«•
Pitts Steel
95
—1965
3%s series E
N Y Gas El Lt xi
»
98%
102%
Low
104% 105%
—
mtge 3%8-1964
Pittsburgh Consolidation Coal—
3%s debentures ———
1965
114%
109%
100
98%
104% 104%
99%
B—1975
ser
1st
N Y Edison
N
104%
90%
913/4
99%
22
—
,
Plttsb Coke to Chem 1st
99%
.
108
—
4%s—1964
cons
-»Plttston Co 5%
N Y
N
,
Range Since
January 1
Sold
Ho.
—
,
4%s
guaranteed
Gen mtge 5s series A—
Gen mtge 5s series B
Gen mtge 3%s ser E
109%
89
cons
J
Series
96% 107%
102
—
..—.1998
~
89%
90%
99%
1997
108 3A
Series I
*
95%
95%
?
*104
—
C
River
108
106
104
943/4
1954
deposit
N Y Central RR 4s series A
Ref A impt 4%s series A
N Y Cent
94y8
'-V/.AV-v:."'
/•'O/,"-
106
94%
89%
;;
deposit—
A
of
'
90
109
96
--
1950
Bonds
.v..;-
104% 104M»
Pittsburgh Cine Chi & St Louis—
Series E 3%s gtd gold
—1949
fieri )s P 4s guaranteed gold
1953
Series G 4s guaranteed
1957
Series H cons guaranteed 4s——1960
92%
84%
92%
—-
D
of
ACertificates
83
—1950
4%s series
ACcrtificates
A 1st
deposit
C
series
A Certificates
A 1st
1938
B
High
—
U-H
deposit—
Phillips Petroleum 2%s debs,,.;.,,... 1964
INew Orleans Te> as A Mexico
104%
FVA
1977
1961
2%s
M
?•:; 1st
ICr8
1974
127%
114%
105%
-/V,
1980
B
125%
8,
*105% 106%
—
Friday's
Low
gold 4a—
107%
*107%
or
Bid & Asked
.
General gold 4%s series C
Philadelphia Co coll tr 4%s
110
*109
'
Last
Sale Price
•
118
:
Week's Range
Interest
Period
105%
96%
14
,43:
,
Friday
<
Exchange
'
1
97
New
January 1
Ho.
111% 111% „•».
125% 126%
J-J
1983
High
,
96%
'
426%
M-a
1974
New Orleans Great Nor 5s A
99%
v
Jf-N
; F-A v,.:
190*
ENDING
Range Since
Sold
108% 108%
—
■
.
WEEK
BONDS
Bonds
Bid & Asked
Low
Newark
FOR
Week's Range
197:
1951
1951
-1963
J-J
J-J
j-
95%
91%
943/4
90%
95
953/4
91%
95%
102
105
112%
1063/4
107
943/4 102%
897a
93%
95
97
130%
145-/
108% 108 3/4
104%
109
119% 119.3/4
116
123%
120%
126%
128
1303/4 132
125
125
*128
130
•
-
107% 107%
105
S: 105
106
106
*51
52
*105 7a 106%
99%
99 3/a
>2
135%
107 %
109%
103
1073/4
105
107'/a
51
104 3/a
67'/a
107 %
99
99%
105
107%
104%
106 y«
104
106
New
Friday
BONDS
Stock Exchange
r,'
Interest
York
Week's Range;
Last
>
Period
&
Imp M 4s ser C
January 1
High
131 Va
131%
Ho,,
..
tow
debentures
3s
131%
•J-J
Imp 2%s series D——1985
Texas Corp 3s deb
r
——1959
A-O
A-O
1——1965
Orleans RRr—
105% 100
.
•
129%
137 Va
105%
102%
105%
Af-N
106%
106'A 106 %
25
105%
104%
104
104%
33
1st & ref M 3%s ser C———1990
A-O
100'A
100
100%
26
101% 104%
99% 101
2000
J-D
140
138
140
20
1985
j-J
M
—-
3'As ser B_
Texas & Pacific
Gen
ref
&
1st
M
gold 5s
3%s
E
ser
Texas Pacific-Missouri—
Pac
Tenn RR of
Third Ave
,
ref 4s
Ry 1st
•
Gas
&
Elec
m
•105V2
:4'4
J-J
1960
A-O
138
152%
102% 106
;
3%s ser B
mtge
70
1961
M-S :
75%
'
*109%
■
Baking Co 5'As debs
(subordinated)
*101%
■
Western
108%
108% 109
Western
107%
107'A 109
101% 103
105
1950
—1951
Funding St real estate 4yas
30-year
Union Electric Co of Mo 3%s—1971
109%
107
34
104%
112%
104
.110% 110%
•>104
1st M St coll tr. 2%s—————1975
15AUnlon Elev Ry (Chic)
Union
Oil
2%s
34%
34
1945
1967
103% 103%
103
1970
5s
of Calif 3s debs
debentures
*—
1$3% 103%
102%
'
Registered
104 »/a
105%
Union Pacmc RR—
1st
land
&
grant 4s
2%s debentures
1976
Ref mtge 2%s series C——-1991
104%
102%
102% 102/ff
104
104%
1947
107 y2
104
98%
97%
1966
103% 103%
103%
99%
103%
1976
■*100% 100%
99%
101%
United
U
Biscuit-2%s debs
Rubber 2%s debs
Universal Pictures 3%s debs
Vandalla RR
97
1988
S
103%
1959
102%
111
111
114
103%
104%
115
Wheeling & Lake Erie RR 4s
Gen & ref M 2%s series A
Cons
s
115.:
1
114
114
1957
'
Virginia Electric & Power Co—
1st &
ref
2%s
mtge
E
ser
Iron Coal & Coke 1st gold 5s—1949
Va & Southwest 1st gtd 5s
2003
1st cons B»—.
r:'
*100
Virginian Ry 3s
B
ser
104
122%
123
109
106
106
81
;
—
106 47
!
|ASu & Du div St term 1st 48—1936
ACertlficates of deposit—————
Wisconsin Public Service 3%s
1971
37
.
14
5
'
108
106
,
:
123
%
90
117%
—
78
87%
84%
56
35
'
156
,37
-
*30
51
36%
—
110
109
109
109
sale
• Odd-Jot
r
d Ex-interest.
Deferred delivery sale not included in the year's range,
104
•'"
;
35
99%
105%
103
20
.-
:.vV'4
—
'
,
91
109%
■
;;;■
83
82%
•
/ii
...
107 y2
.
•120
'
—
82%
n
83
16
99%
99%
103%
94'/a
101%
25
•106% 106%
,
Under-the-rule sale not included in the year's range,
y Ex-coupon.
r
»14
not included in the year's range,
'r:
,v
dollar quotation P«* aw"
$4.8484.
reorganized under flection 7 •
§ Negotiability Impaired by maturity.
tThe price represented is the
pound unit of bonds. Accrued Interest payable at the exchange rate of
t Companies reported
as
being in bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by
115
such companies.
during current week.
*Friday's bid and asked prices; no sales being transaeted
106% 113
107% 107%
1995
106%
100
—
*123,;;:
in
in
r:;. \ .vy:,; ipsa
.
103%
103% 104
—1975
Va
*107%
'
t§AWisconsin Central 1st 4s
1949
:
a Certificates
of deposit——..
a
g 4s series A
t 4s series B
108
108%
86
'
1958
Winston-Salem 8 B 1st 48——1980
included in the year's range,
eons
95%
95%
82%
■:
82Va
1970
1st mortgage 3s
& Co
Wilson
83
i
1992
Wheeling Steel 3% series C
..,
*101% 102%
86
82%
109
97
75
105% 105%
1951
,
,83
103% 104
-2361
2361
1949
HI
116%
104
14
105%
105
.
105%
5S——————1960
Westinghouse El & Mfg 2y8s
West Shore 1st 4s guaranteed
'
.
103 %
gold 5s
109
106%
40
Maryland 1st 4sJ
1952
Pacific 4%s lnc ser A—2014
Western Union Telegraph Cc—
107%
106
.21
110
117%
105%
5
105%
104
115%
4 108% 108%
104'A
102 %
;i'6
103
4'
68 y8
...
102%
—
106'A 106%
25-year
:
59%
*114% 116
1966
series I
West Penn Power 3%s
106'A
105
18
—
1967
mtge 3%s
HO Yu
67
,
82%
51%
Gen
106%
106
' 106%
•62
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s atpd gtd
1950
99
91
105
'■
106%
1970
102
92%
110
^
—
4102% '4
*102-
.<
•'
142
;
*105% 105%
J-D 44
MS
88 % 104
31
High
102%
*103% 104 V
100
106%
—
106%
debentures 3%S-1976
Warren RR 1st ref gtd gold 3%s—2000
102%' 105%
—
102% 103%
103
75
1949
27/bS debs
Tri-Continental Corp
1
;
gold 5s
1st
52
104% 105
104%
J-D
A Ad J income 5s
Jan 1960
Tol & Ohio Cent ref & impt 3%8—1960
Trenton
108
-"
New Orl 3%s__1974
Low
91
Ward
""
Range Since
January 1
Sold
No.
96%
91
•'
—
mtge inc 4'As ser B__Jan
Walworth Co conv
A-0
New
ref
1st
96%
Jan 1981
1991
1971
mtge 4s lnc ser A
> AGen
AGen
1970
&
&
1st
#
109
2
10235 10235
■■
■
4
21
;
;
Bonds
High
Wabash RR Co—
2019
Ref St
Texas
Sale Price
Period
•
Terminal RR Assn. of St Louis--?:
Ref
Last
Interest;
I cchange
Stock
Week's Rang®
or Friday's
Bid & Asked
Low
High
Friday
BONDS
York
New
Range Since
Sold
,
tow
849
9
■.
Bonds
Bid & Asked
WEEK ENDING AUGUST
FOR
RANGE
V
Friday's
or
Sale Price
V';
&
YORK BOND RECORD
NEW
,
' V:.
FINANCIAL CHRONICLE
THE COMMERCIAL
Number 451S
[Volume 164
ABonds selling flat.
.
NEW YORK CURB EXCHANGE
AND
WEEKLY
in
RECORD
YEAKLT
delivery sales are disregarded in the week's range unless they are the only transactions of the week, and when
footnote in the week in which they occur.
No
sale
occur.' No account is taken of such ssJes in computing the range for the year.
NOTICE—Cash
a
deferred
and
_
_
selling outside tho regular weekly range ure
ehown
■
• -,,
complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday
9).
It is compiled from ; the daily reports of the Curb Exchange itself, and is intended to include every
In the following extensive list we furnish a
Aug. 2 and ending the present Friday (Aug.
security, whether stock
or
bond,#in which any dealings have occurred during the current year.
RANGE
STOCKS
New York Curb
Sales
Range
for Week
Shares
Last
Sale Price
Low
ACF-Brill
Aluminum
Acme
Wire
Acute
A
D
warrants
Motors
Co
•
Investors
Alabama Power 4.20%
Airlines
Allied
Products
pfd
conv
common
—
Mfg-
" "
■■
Ltd
86%
Cities
10
Foreign Power warrants— ;
Fork
American
Gas
:
&
&
Hoe
General
Corp
common
preferred
$2.50 convertible preferred—
Jun
Feb
48
Jan
29
May
Mar
15
Mar
X184
»•
63 %
800
113
Apr
400
22
July
21
1,250
25%
American
Laundry Mach
Light St Trac common
preferred
American
American
Mfg
American
Maracaibo
Co
4%
—
Co
Feb
114% May
4%
400
4%
20
53%
54 Va
51%
51%.
5% May
Apr
76
Mar
;
\
•
8%
9
8%
'
53% ::,55;
Refining Co
Associated Electric Industries—
Ashland
Oil
Atlanta
Atlantic Coast Line ^
23%
23 %
300
46%
4:43%
46%
110% 111%
20
25
i-4%
.
4
-
50
25%
27
: 42
25%
.
42%
^
25%
Apr
40
;
Jun
29
49% Apr
,
V
1%
19%
19 Va
4Ye
Bauman
(L)
American
Anchor
Writing
Bellanca
Bell
(A
1.500
19%
Benson
&
Post
Products
Birdsboro Steel Fdy & Mach
24
Blue
3% Mar
;
4
Jan
5"%
50
Jan
Jun
;
Apr
57% May
57% May
Jan
24% May
11% Apr
15%
Ridge Corp
$3
optional
footnotes
see
page
2Y« Jan
43
7%
1st
500
—•
853.
100
11%
5%
43
5%
40%
5%
43
115% 115%
—
Inc
Jan
Brazilian
Traction Lgt
& Pwr
Breeze
>; 15% Feb
17%
Ji^y
16% July
115%
89
preferred
Bridgeport
£1
pfd
common
Borne Scrymser Co
Jun
3%
Jan
■
,
Elec Pwr 4%%
1
Co com
convertible preferred-
Feb
>500
Feb
<}&.
.«•«
23 %
200
23%
13%
13%
40% "42
5%
47/B
Co
21
•
British
British
5
Mar
6%
Feb
'k 35
Mar
,48%
Apr
Am
Jan
Am
Jun
Mfg
May
600
■-111%
1 ?
•
56
:
3.100
4V8
•
115%
—•
*
—*
common
A
American
Oil Co—
American
Tobacco—
dep rects ord bearer
dep
rets
ord
reg
100
28
-—•
_•
1
i
•
*
Co
Oil Co
Brillo
Class
Z
Ga« Light
Bridgeport
1.000
60
3V«
35
59
142
—
36%
62%
6%
56%
2.600
23%
1.400
4%
4%
5.700
9
9% 7';
,
i;
100
23
68
Jan
31% Apr
Mar
27%
Jun
21% Aug
31%
5%
4'A Aug;:
600
26
27
f1
21%
21%
100
£1
20%
20 Va
100
20y8 Aug
Feb
31
Feb
Apr
24%
Apr
Jun
36
Feb
19% Aug
Jan
Feb
12%
7% Mar,.
20 % Feb
23% Apr
Jan
150
19
33
:
Jan
Jan
70% May
Feb
Feb
2.800
Jan
55% July
39 %
Jan
Mar
Feb
May
49
Jan
23
Jan
24% Jun
,16%
.
Feb
25 %
10
22%
Jan
'6
Apr
300
142
21%
4 :
40 %
4
Jan
4% July
21
23
Jan
55% July
1.000
Jan
■
500
56%
—•
;■
Feb
July
34%
3% July
19%
75
4.300
203
36% July
100
.
9%
Jun;;
'
■
1
$3 opt conv pfd called—i..--—.-.—*
Blumenthal (S) & Co
*
Bohack (H C) Co common
•
Feb
10%
23'A
23
—•
•
Apr
33'A May
Jan
90
130
'
Jan
7%
12%
195%
•
12%
10'A
300
6
5%
July
39%
5% July
193
Feb
May
12
21% Jan
common
|; 5% July
12%
>;
200
common
4 8% July
4 9% Jan
9%
1.400
29%
common
800
6%
9%
1
Hedges
1.500
6
36%
29
Convertible preferred
Berkey & Gay Furniture
Blaunex's
22
12
32
,
July
Apr
35
1
Corp common
Brewster
Aeronautical
•
12
July
25
Feb
8% July
Jan
50
25%
24'A
100
29% May
32%. Jan
39
;
1.850
8
500
8%
1
common
46
July
18% May
15.600
2
—
Apex-Elec Mfg Co common
For
2%
72
—1
common
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg—
Angostura-Wupperman
Appalachian
2%
65
87/b
10% Jan
19%
-1
Canada
Bickfords Inc
250
Mar
7.300
23%
—2.50
Aircraft
Tel of
10%
Jan
12
50
10'/a
.20
r-i O O
23
1
Corp
Shoe
40% Mar
1.100
com—lOo
preferred
S)
24% July
8% July
47
18%
'1 /!
•.
Co common
Feb
41% May
46
19%
•
Paper
*
■
Beaunit Mills Inc
Bourjois
Superpower Corp
$6
&
15%
15%
Mfg—
'Aug
41
May
42% July
i
9%
1
Brummell Ties new com
Beau
Becx
Jan
,.30
shares
Seelig
27
-
.i—
:
B&rIg Refractories Inc..—.1:
Jun
51
„
t
$1.20 convertible A common——^—!
Jun
5%
v
;
common
54
;
Apr
May
63
600
51%
50
'
7.300
Jan
41
10%
Co
Rubber
July
500
4%
28
•
"
preferred—...——
Baldwin
Jan
113
Feb
28
Jan ;
.
•
23
2
common
July
2.100
46%
10
5% Jan
Jun
4>
Apr
63% May
Jan
July
47
American Potash & Chem class A—*
Republics
11%
21% Mar
—25
4%
22%
a
—.——28
1
..
Babcock & Wilcox Co—
Steel ^nrn
109%
150
25
10%
•
Avery (B F) & Sons «nmmnn
6% preferred
Ayrshire Collieries Corp
Jan
Jan
Apr
38% May
18% Jan
1
&
250
42
16%
13%
—1
51% Jun
27
May
91
Machine
Barlow
;;
200
.
"r
Corp
Barium
300
4Vs
50
50
12% Ma]
May
*7 .*3% Fel
3% Feb
11% Jar
11% Jan
Jan
Aug
Products
Jun
4.800
„
Jan
Jar
14% Maj
May
2 Vi
Voting
Plywood
Apr
1% July
350
Feb
Fet
27%
8
Automatic
52
477/8
6.700
110%
•
115%
10% Mar
10%
Automatic
65
1.200
100
lOo
1
1
2.600 "
Atlas Corp warrants—————————
Atlas
American
2.100
2%
%
1
••
Jan
7% Jan
47%
50
,
12%13%
.
pfd—100
Fisheries
Coast
12%
8% Apr
8%; Ap
11
Jan
11
Jai
.
Jun
•
Tel class A
& Coast RR Co
Birm
21%
.
Jun
Jui
8Jun
' 8 '
Jul
:>
18% July
1.400
22%
22
15%
10 Va Aug
111%
*
Associated Laundries of America-,
Associated Tel &
3.600
2.300
6%
10%
5%
10%
Feb
5% Feb'
5% Feb,
1.600
£1
rects reg
dep
5%
10%
1
&
50% Jan
250
,
5%
non-voting
Banco de los Andes— ;
Jun
''
51%
•
series preferred
American Thread 5%
A
22'A Jan
14 V4
3.900
2Va
1
American Meter Co
Amer
class
High
Low
1.200
12
6%
206% May
110
18
*
Gas common
•
6%
preferred
10
Arkansas Power & Light $7 preferred-*
Aro Equipment Corp
2.50
Common
11%
10%
Jan
Jan
>57
19%
25
common
Seal-Kap
Arkansas Natural
11%
Range Since January 1
High
Feb
26
116%
—
tow
',,,,.,.,1.
—
for Week
Shares
of Prices
121
19% Aug
150
190
—
90% July
Feb
Jan
2.500
V*
22%
2%
American Hard Rubber Co..———28
American
May
21% Aug
50
10
common
Electric
convertible
American
12
Aug
86V2
115
19%
..v
133% Jan
110% May
16
7
Inc
Atlantic
12% Mar
100
21%
22%
common
preferred
6%
115;
190
&./ulght—
A—.28
Cyanamid Co
American
Jun
109% July
Argus
Sales
Range
Last
Par
American
Power
class
A—.28
Class B..———..1,
$2
Apr
Feb
Week's
Friday
Sale Price
Baldwin Locomotive-^
Class
American
Jan
4,500
12%
84%
115%
"American Beverage common—————1
American Book Co————————100
American Central Mfg-.—.—.—.—.!
.
Jan
9%
6
123
325
48";
21%
7-3*1^.j
.——100
&
22%
July
V
13 Va
•
preferred.——.—
American
Jan
40
•
Convertible
Z 110
7
12%
—
100
nv;r!;'; -,*;
common
American
Feb
17%
•
5
*
cnmwinw
Goods
Aluminum Industries common
.
5%
July
13% July
•
common-
preferred
American
July
-
"9%
^50
130
110
110
7%
12%
(Mich)
Bros Co
Aluminum Co
6%
Jan
5
800
130
pfd-*——.100
Int'l Investing $3
Aluminium
Jan
15
600
6%
6%
Inc—^—Jl
Allied
6%
15%
Feb
23%
6,700
15
Jan
7%
21
100
12
5
Great Southern—.—80
Aluminum
5
11%
13%
15% July
; 406
17%
30%
Jan
5%
4% July
2,000
300.
preferred—
Abes St Fisher ftummnn
Aitorfer
16%
17%
preferred
Air-Way Electric Appliance.
Alaska
5%
15%
Alreon Mfg Corp
60c convertible
Alabama
Jun
22
15'A July
200
5%
5%
common
Convertible
11% Feb
,
23 % July
5%
S>445'4
Exchange
High
6% July
„
common
Aero Supply Mfg class B——
ju'jswui .n ikilg common
Air Associates Inc (NJ)
Air
300
i7%;„;;a' 300
i7
Alloys
Co
F
7%
v
New York Curb
Low
"
■
^
Range Since January 1
High
7%
,
WEEK ENDING AUGUST 9
S TOO K
Week's
of Prices
Friday
Exchange
FOR
<
27
-
Aug
21% Aug
24%
Jan
RANGE
STOCKS
Friday
New York Curb Exchange
Week'*
Last
Sale Price
tow
High
WEEK
ENDING
AUGUST 9
Sales
Range
of Prices
FOR
,
(or Week
Shares
STOCKS
New York Curb
Exchange
Range Since January 1
Low
v
Friday
,
Sale Price
High
1
±
>
34%
33
Shares
Range Since January 1
High
Low
34>/a
300
23%
20
Detroit
Gray Iron Foundry
Detroit
Mich Stove
Co
8ales
for Week
of Prices
Low
Detroit Gasket A
Mfg
6%
preferred
'
Week's
«Range
2,100
1,700
100
10
—
5
Devoe & Raynolds Class B
Stores Corp new com_
Co Ltd—
•
Diana
4Va Aug
31Va Mar
.1,100
1
common*
23% Aug
16
July
,:
-
50c
—
8%
1
2,400
Distillers
Jan
11% July
Jun
21% Apr
7%. Feb
17% May
39% May
20% Jan
1
Detroit Steel Products—
De Vilbiss Co common
High
35
Jan
.
.
,
28%tJun/i
17% July 13%/July
Am
dep rets ord reg.,^,—„ J1
Dlvco Corp common—...*
Dobeckmun Co
common
31
r
45
200
36%
Jun
-16.
•
Feb
6% Jan
14% Jan
<
10%
,
20
Feb
Apr /
♦
■
,
*
,
77% Mar
78%
27
39%
Feb
00
53%
Apr
5%
common———.
preferred
Jan
22
Feb
Eureka
25%
26
68%
69%
88
May
16%
16%
19
Jun
2y8
2 J/4
4
Feb
161
14%
16%
22%
6
15 J/4
1647/8
15 J/4
155
16%
23
16
45%
46 Va
85
131%
14
Mar
Am
Apr
'
;
\:;V
6%
43
Jan
Jan
•
Motor of
Ford
Amer
Y",
dep
12%
Jan
Fuller
Feb
——•
'
m
Stores
(Geo A) Co
convertible
Jan
Jun
91
Jan
121
July
Feb
12% Jan
95% July
Apr
6% Jan
39
47
Feb
17% May
33
Feb
44
July
14%
Feb
3%
Feb
26% July
7% Jan
110
Apr
6%
Jan
44% Aug
3.50
Davidson Brothers Inc
flail
Lamp Co.,.—
Bridge Co Ltd.
Paper—*—
Hamilton
Hammermill
i-
.1
——————
preferred————!••
July
112
■■
,,.
$3 conv stock
4*
,
-....1
Feb
5
ml
~
,
LSI
——t
Jun
25
r;
'
Apr
49
i
*
bearer,
% Jan
28%
1
1
France—
rets
Fort Pitt Brewing Co
Pox (Peter) Brewing
48
9
l
Co—
Apr
Jan
Jan
Feb
34% Jun
dep rets ord reg—————11
Franklin
42
—10
Class A non-voting
Class B voting—
50% July
101% July
H)
Apr
22
Ford Motor of Canada—
25% Apr
17% Apr
4%
Ford Motor Co Ltd—
Jun
\...v
(M
5£ to (1 Stores
Feb
20
16
■—
.
•
Apr
56
,
Fishman
15% May
50
112
———— I
Federal Compress & Warehouse Co—2$
Fire Association (Phlla),
..IS
July
105
Pipe Line common
Brewing—
Fansteel Metallurgical
Fedders-Quigan Corp
21% Jun
15% May
9
....
Falstaft
15% Jun
156
»
■-
Fairchlid Camera A Inst Oo
Falrchild Engine A Airplane
184% May
417/e Jun
166
July
6%
82J/4
i
Apr
30%
28% Jun
153
Jan
166% July
12% Jan
AO
Co
29
36%
Jun
26% Jun
*■
17%
35%
Jan
157/a May
43%
.
16%
8
56%
Elliott
53% May
52 % May
10% Feb
———1
Dayton Rubber Mfg class A conv—39
Dejay Stores common
BOo
Dennison Mfg class A common
—8
6% debenture-*—
106
98% May
Empire District Electric 5% pfd—100
Emsco Derrick A Equipment—•
Equity Corp cominon
——10$
$3 convertible preferred
1
Esquire Inc_—
1
175 %
Jun
104
*
„
Electrographic Corp
1
Elgin National Watch Co common—15
May
52% May
166% Apr
172
Jan
8
92
—00
......
$4.20 pfd. formerly #6-...
34% July
-
May
42%-Jan
Electric Power A Light 2d pfd A
Option warrants
15% May
♦
12
Jun
24%Mar
104% May
Electric Bond A Share common—S
$3.50 pfd formerly $5
•
Apr
23% July
v
Apr
Jun
51
106
•
Easy Washing Machine B
*
Economy Grocery Stores——————S
14% Apr
For footnotes see page 853.
Feb
May
100
Eastern Sugar Associates—
$5 preferred
—————1
Jun
122
—
65
110
July
100
,
38
July
33% Aug
Apr
common—.
''VI>
1,600
common
Eastern States Corp.-t
$7 preferred series A—
$6 preferred series B
68
Derby Oil Co
Mar
97/s Mar
■
-1
4%% prior preferred
6%
preferred—.
Eastern Malleable Iron
164% May
4% Jan
Mills—;—
96
8
25% May
24% May
Hosiery
107
Mar
98% Jan
M
0
Cast Gas A Fuel Assoc
Davenport
Feb
41% May
21 Vo May
83% Jan
25
common—.... *
Duro Test Corp common
7%
i
Apr
8%
,
Duval Texas Bulphnr..,
7%
;
22%
54
—»
12
-.1
38 Va Jun
11% Mar
24% Feb
28% -Apr
83
300
——10
Dunlop Rubber Co Ltd—
Am dep rets ord reg
Durham Hosiery class B
Xll%
•
II
*
Duke Power Co
xll%
:
2,300
*
Jun
4% July
*
Draper Corp
Driver Harris Co
18% July
15
5,400
•
—
10
800
1
Dominion Steel & Coal B
Dominion Tar & Chem Co Ltd
Dominion Textile Co Ltd......
12%d
21% May
•
500
1
Domestic Industries class A com
Dominion Bridge Co Ltd
—25a
—
-
:it«:
a:?., t
Volume 164
851'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4515
N EW YORK CU RB EXCHANGE
RANGt
Last
New York Curb Exchange
Hartford Electric Light
.—31
Hartford Rayon voting truBt ctfl
1
Brewing Co
—*
Hat Corp of America B non-vot com—1
Hazeltine
Hearn
Corp
414
Dept stores
1,500
4
Co
5*4%
2014
21
1,100
19*4 July
26%
Feb
Manischewitz
18%
1,300
15%
23%
Apr
1614
1814
16 ■
1614
1>900
Henry Holt & Co
Heyden Chemical
Hoe
(R)
.100
Horder's
Hormel
Co
82
83
—Jl.f
11%
11%
12*4
—3
Consolidated G
M-
Holly Stores Inc.-.--,
jaoiophane
37%
82%
common
14*4
13
Apr
113
May
July
-
Horn & Hardart Baking Co——•
Horn & Hardart common—
6% preferred.™—,..
..—100
''
•
Mead Johnson & Co
Aug
Jan
32*4 May
Jan
25% July
40'A
Apr
45*4 July
37%
125
45*4
170
Feb
112
28*4
•
1st
15*4
15*4
12y4
-
12*4
Jun
200
10% May
45*4
100
11
1,500
8
50
43
Jan
46
43%
800
46
5
20%
19%
31%
31
313/4
July
7% Apr
22% Jan
53*4
62*4
64
Dividend
muioib
arrear
iiflt
...
20%
20%
21%
Class
Middle
2,800
6 3/4
Jan
11%
100
93%
Jan
143/a May
Jan
62
58
.
ml
.11
i
i
32
™—™*
ii
250
Apr
dep rets regis
11
Imperial Oil:(Can) coupon..,...
—*
Registered
Imperial Tobacco of Canada
.....I
Imperial Tobacco of Great Britain ft
23
Apr
38
July
Jan.
Ireland
,
Indianapolis Pow Oil Xib t7o
.....rwus
lutv
& Lt 4%
Indiana
Indiana
7%
au
Service
6%
13 %
50
3%
3%
12
5,100
200
103/4 Apr
143/a May
300
.17% July
243/4 Apr
Feb'
20*4 Apr
12
™..10
—1
B v t c
18
18%
19%
53A
18%
4%
20
3,500
6
20,500
3*4
24%
26%
13,600
20*4
Jan
13
16 y»
19
18 3/8
19
150
32
32
32
200
30
40%
39%
40%:
350
36%
$3 50
6»f"tv
j
161*4
25
4
66*4
1,350
200
26
500
66i/4
63
16%
17
16%
16%
16%
100
16%
2,900
15
16 /
■
,,
ctfs—-*
52
27
100
2
1%
1%
27
800
200
143/4
52
interstate Power $7 preferred
2,500
5
4%
2,200
50.
27
9%
Irvlng-- Alr Chute.....,,
Italian Superpower I,
,
9%
/ 100
2%
/.
,
123
Jun
94
Jan
112
24%
68
33%
Jiily
73*4
Mar
18
Jun
2%
1,000
L
5%
Jan
Jun
•
•
10c
;24%- Jan
(
7% Mar
•Julian &
?
6,500
18%
Kansas Gas
Kawneer
1
63
3%
& Elec
Co
Kennedy's
7%
pfd—
100
*
—
Inc
6
Key Co common
(Walter)
St
Co
;
Apr
26
31%
Jan
(D EmU)
Co common
(I B) Rubber Oo.t,,
Knott -Corpi common
Cobacker Stores
Krueger
10-
—
Nachman
May
Corp
223/4
22%
23%
700
7*4
7%
7%
1,500
Apr
93/4
9%
9%
1%
!%
iiV
■'
Jun
Jun
32% July
Jan
32%
.
Jun
9%
Feb
15%
Apr
29*4
July
300-
115'
Aug s
94:
Aug
82*4
Jan
Jan
Jan*
8%
May
2,600
Apr
9%
July
Feb
......
25
10
I
—1
„
100
25
Brewing Co..
2%
Jan
43
Apr
Jan
34%
Apr
Feb'
Jan
14%
15%
400-
12
163/4
al4%
1
17%
400
ill":: —
16*4
16*4
21%
20% 21*4
32
>; 32
;
37% July
19% May
12% Mar
18%
Jun
80%
80
82%
2
National Tunnel & Mines common.—1
2%
2%
.2*8
9%
1,400
12%
10%
Nebraska Power 7%
(Herman)
Meter
.
9*4
30c
preferred
19
18
;
.
Nestle Le Mur Co class A
22*4
■*
Lakey Foundry & Machine,
Lamson Corp of Delaware
New
preferred..—.™.
England Tel Ss Tel
New
Haven
4*4%
'
'
Clock
7%; Jan
: 10
108%
—.*..100
Co
-V
.'
'
300
16*4
15*4
■
Mexico
New Park
St
—28
1
Mining Co__.„.
-v
.,.,1
common..
9%
$
11%
1
9
.
11%
23% Feb
.15
Aug
8% Jan
700
9%
11%
17*4 Feb
11
14
: 15%
Jan
.™.._..l
138*4
136
10% 10*4
1,000
18%
50
72*4
6%
7
21
33
Jan
35
Jun
20*4
125
10*4 Jan
22
Jun
Monotype Machine.
19%
193/4
20%
200
18
24% May
12%.
v
\
50
31
300
13
9%
373/4
2*4
3*4
2*4
•
2,300
•■Lf.
2
10
Lit Brothers common
•
46%
19%
34%
400
-1
19%
34%
36%
33
Lipton (Thos J> Inc 6It preferred—25
10,700'
2%
46
•
>
Lionel Corp
17%
17
200
l,400v
33
,
100
600
153/4.16%
—
Class
Mar
14% Jun
43
July.
Jan
Jan
58
61
Jan
16%
16%
100
80
80
Chain
.1
28
28
Logansport Distilling Co__,
-1
18%
16%
18%
Lone Star Gas Corp
*10
19%
19%
19%
.
_
common™
Long Island Lighting Co—•
18
July
20
Jun.
26*4 Jun
pfd...
50
jun
.
18% May
Mar
19
64*4 Jan
Feb'
X35
27% May
Mar
V
29% Mar
12
Feb
100'
1,000
■
•
Niles-Bement-Pond
dep
preferred A ctfs of dep
preferred B ctfs of dep.
Louisiana Land St Exploration™^—..1
3,200
90
-14%
-
2%
98
98
104%
82
98
135/a
-14%
20%-
20%
163,200
425
1,375
11,400
Light $6 pfd......*
2
.
page
25-
Noma
30
Mar
1,400
12%
113%
853.
Feb
82
Aug
Feb
22
Apr
22*4 July
10% - Jan
111%
v
400
Jan
20% July
117
!
117
108
Electric————™—........1
North Amer Light & Power common—1
$6
preferred
Class
B
•
1
2,800
12%
12%
1*4
12%
18
17%
18%
2,600
2%
3ya
1,800
l5/a
1%
28%
27%.
-9*4'
9%
147%
29
9%
147% 150%
26%
Jan
.
North American
Utility Securities
8%
•
—8
1
Northeast Airlines
-103/4>Mar
17
July
15*4 July
1,300
20
Northern States Power class A——-28
Northrop Aircraft Inc
—1
-Apr
Apr
Northern Natural Gas
Novadel-Agene
Corp
—
*
Apr
3*4
Feb
13% May
V
26 %
Feb
4
2OV2
Apr
5*4 Feb
35
23% July
7,000
51
7%
134
325
Jan
12% Mar
Jan
164
Feb
Apr
May
49%
300
8%
10%
17%
3,200
63
Feb
62 *4 May
8
300
17%
Jan
109
:
55*4
110
75
56%
590
58 %
2,300
12%
12 %
13
1,400
38
38-
38 Va
57*4
54%
500
11%
July
Jun
21%
Jan
15
Jan
'
:
•
104-
56*4
12*4 Feb
6*4 Jan
200
10%
17*4
pfd—100
Northern Indiana Pub Serv 5 %
Feb
120
2% July
3,900
50
Apr
May
123%
V
'
v
/f'iSi/'V/,;/
Northern Central Texas Oil
15
Jan
49%
50*4
—*
*
common
Apr
14%, Jun "
117
J; 95
Jan
110*4 July
1*4 July
410
3% Feb •
Aug:
96%
Feb
26
111
:
8*4: Jan
21,800
120% 123
112
123/4
1
-Mines™-..,....*.——>
North Penn RR Co
1
1%
1%
6%
see
13
1211/4
113%
Nineteen Hundred Corp B.^
41*4- Jun
33
Aug
20% May
32% July
32*4 July
16% July
153/4-, Jan-
16
July
106"% May
69.. July
•
pfd.lOO
.100
...
Nipissing
*
of
For footnotes
65
'
11% Aug
Mar
350
Niagara Hudson Power commoni.«™~l
5% 1st preferred
——100
5% 2d preferred...
,....100
Class B optional warrants
Niagara Share Corp class B com
8
56
25% Mar
Lynch Corp.
Feb
4V4 July
,53
400
29
-
3% Apr
1% July
42
26*4- Feb
B
Louisiana Power St
Jan
11% Mar
9*4 Jan -'
300
29
——1
shares
North American Rayon class A
Groceterias
ctfs
July
81*4
54*4 Feb
25
63%
-
2%
,,.
Line Material Co
Common
21
32
Jun
Apr
193/a
20
preferred
Leonard Oil Development-.
Le Tourneau (R G) Inc........
•
Aug
16*4 May
6*4 Aug 1,
2*4 AUg
800
«
10
Merchandise.
Founders
N Y Water Service 6 %
18%
Steel
13 8 3/a
71% July
900
73
6*4
..10
N Y State Electric St Gas $5.10
33
Prior
Locke
Jun
Apr:'
35
.10% Aug
18% July
72%
Co commoau...™...^.^*—♦
Feb
20%
.
Lefcourt Realty common.
Class
108*4
,
126% Mar
63*4
Feb
B
,
19%,
6,500
1,500
1,400
16%
,
'
Loblaw
12*4 Jun
Mar
200
Feb
Apr
Jan
19
84*4 Feb
27% Mar
•' %
25%
■...
Y City Omnibus warrants
Y St Honduras Rosar»o
Y
■
.
™™....<l
Arizona Land
Mew Process Co common
10
'<
■
Jun
24%
22
•
New Jersey Zinc
N«w
•
Feb
Feb
115
Apr
12*4 Jan
1,450
102*4
Jan
4*4
14
18*4
400
:
Jun
400
18%
—20
'
<
138
•
preferred—
conv
'
-'"''a"
.
Jan
18%
19
101
102
100
15%
2% July
2,700
X26*4 May
12 *4 July
_.
'
Watch
&
*
New Idea Inc common—
N
15
IS3/*
Langendor! United Bakeries class A—•
Lanston
Jan
23*4 Mar
/
s'
.
May
89% July
Jun
800
115
15%
15*4
....*
England Power Associates
6% preferred
38
Feb
1,500
1
Jain
22% July
Feb
18
115
115
8
17%
Jan
17
™_100
Corp
common...—™„.
New
$2
48% July
:
July
69*4
N Y Shipbuilding Corp—
Class
Jun
9% Apr
-
Apr
-
Lake Shore Mines .Ltd.,
Lane Wells Co
35
Jan
14*4
:
'iii J-
•
National Union Radio
14%
100
18*4
12*4
Neptune
:
550
1
17%
N
L
1
'
,
Jan
\[/'-
5% July
40
600
12%
Nelson
23%
4,500
1
Fabrics
16*4
17*4
N
■
17
28
—•
Mallinson
N T Auction
i
'
6,900
•
common.
Feb
23
29
•
Apr
<-Jun
36
•'21% May
i'li/.:/-
100
6%
6
6%
12.50
11% May
Jan
1% July
29
—•
;
i..,...
30%
30%
1
preferred
National
Apr
28*4 May
18% Mar
7
&
Mar
'.i;
'
„..........
common
National Fuel Gas
.
■
new common
80
76
1
-
14
JanApr
160*4
Jun
100
"i •;?
.,1
Petroleum
;
Kirkland Lake G M Co Ltd—
Klelnert
113
1
Products
Kiiby
Klein
17
10
80
•
124%
10
Feb
5% July
900
113
80
17%
13% July
121% Jan
9%
10*4
32 *4
"
25*4 Mar
18
Feb
.
National Transit.
300
5%- Feb
-
600
Jun
10% Jan
iK®:'/ ■::
National Steel Car Ltd
18*4
113
80
100
.
54*4
Apr
Feb
Jan
3*4
17*4 May
10%
17%
—
Kimberly-Clark Corp—
4*4 % preferred*..—,...
100
Kings Co Lighting-. 7% pfd B—100
5% preferred D
100
King Seeley Corp;.—.—
—
1
Kingston
10
—*
200
27%
Jun
23% Feb
8*4 Mar
~20Q
•
Feb
Jun
210 %
3% Apr
136%
Jan
6
18*4
28% Jan'
60
N
Feb
13%
9% Aug
2*4 Aug
18%
27
J
Ken-Rad Tube & Lamp A,,,
Kldde
15^300
14%
13%
50
19%
14*4
18%
8
2,300
1,100
May
Feb
32
Jan
mu:,.
13%
9
31
14*4
National Rubber Machinery
Kaiser-Frazer Corp
300
Feb •:
20y» Feb ?
3% July
160
Jan
Apr
-10%
HVa Jan
197
Jan
17
May
1,000
31% : 32
common..™™.—.....—*
National Mfg & Stores common
National Pressure Cooker
k
500
1,700
■:
140*4
140
-37
7% July
3%
31
common..—•
107 Va
14% July
8*4
.
-11%
;
Jan,
16% May
30% Mar4
13/4 July
x26
Koaenge Co
83/4
•
2*4
7%
22%
3%
8%
Murray Ohio Mfg Co.iiV
Muskegon Piston Ring
National Breweries
21*4 ^ ; 20
3ya
10
140 y8
National Bellas Hess
Jeannette Glass Co common
-
45
100
Muskogee Co
Aug
20
Jan
6
19% May
50
July
,
Aug
-
700
20
8
Mountain States Tel & TeL
,-t 16*4 Aug
4% Aug
14% May
Power
193/4
19%
"~8%
80
Mountain City Copper common
Mountain Producers
States
4
29% Aug
'
6%- Aug
2,100
8
16/16%,
204
204%
.
•
—
Moody Investors partic pfd
Morris Plan Corp of America
Apr
16%
5
Montreal Light Heat St Power
153/4
3%
——1
•
105-
1,050
31
7%
7%
1
46
175
3,200'
25-
15%
.1
Society, A
24% July
4*4 July
133/4 July
30
•
common
250
7%
Jan
14% May
1,800
1,000
105
9*4
Feb
29%
v
: Feb
47
11
65/8
Jan
35
'
400
105
105
'
Jan
4*4
4%
14% i; 15 •
46
473/4
~7%
*
.....100
Montgomery Ward A—
Jan
35
Jun
28
4*4
14*4
50
pfd
Montana Dakota Utilities
Jun
24% Jan*
Feb
10% Jan!
26
Sc
Monroe Loan
31% May
16% May
16*4
P
Monogram Pictures
Mountain
14*4
Royalty...,,..,;L
Jan
133A
50c
Molybdenum Corp.———
Jun
21
•
B
Iron Fireman Mfg voting trust
Jan
109%
13%
i
Missouri Public Service common—
-
common——5
Razor
Minnesota
112% Aug
Jun
28% Jan
—•
:
Utilities
30%
July
-
Relinerles
:if A;i
Jan
90-
15*4
1
a
Vvr-^T
,
99*4
:
International Petroleum coupon: shi—.*
Registered shares^......
International Products—
Investors
109%
?;
92%
series
Metal industries
International
,25
-
25
International Minerals and Chemicals-
International
100
350
25
111% 112*4
10
International Investing Corp
y:r,:
25
25
International Cigar Machine—»
International Hydro Electric-
Warrants
14% Jan-
-/■
10
4*4% conv preferred
Mining Corp of Canada
Jan
12% Jan*
53/4
July
20
53% Aug
600
6
50
Aug
6
31% May
'• •' V
A
■; 7
Miller Wohl Co common.™.
Jan
Mar
May
Jan
5y2
Jan
25*4
*
17%
July
3*4 July
,13
.
18
1
Abrasive
9% Feb
6% May
13%
"3*4
West
Mia-West
Jan
15%
.100
Insurance Co of North America
international
15%
.
iuu
preferred
Preferred
14%
12% Jun
12*4. jun-
1,400
■/-
PIO
100
pfd.—100
preferred
13%
300-
1,400
13%
13%
as
,
13%
Jan
Mar
2,700
Midwest Piping & Supply new com.—
7% May
7% Jan
13%
May
112
13%
—2.50
Midwest Oil Co..^—..
Imperial Chemical Industries—
Am
}
8%
7
8%
Corp common
8
Midland Oil Corp $2 conv preferred^.*
Apr
81.
18*4 Jan
2,700
31
ctfs
co__
W—...
.»u«
39%
25
1,100
,
~
Jt
Jang
Jan
Jan
preferred—
Middle States Petroleum class A V t c.l
Jun
29% July
60
July
1,600
64
common,
Apr
12%
Jan
10
10
Preferred
Mid-West
preferred W*—*.
S Va
263/a
July
18
1,800
7%
7
.7%
Corp..
$2 non-cum dividend shares
Mldtale Co common
con?
Jan
V:-.
4% July
4,100
Midland Steel Products—
Illinois Power Co
Apr
10
July
:
109*4
Mlcromatic Hone Corp
59
•4% July
Hygrade Food Products
Mar
37%
Feb
7
•
800
73/e
43/4
20%
Michigan Sugar Co
21% Jun
12
July
Jan
56*4
11
Securities.
IVb
4%
Michigan Bumper Corp
Michigan Steel Tube
15*4 Jun
Jun
60*4 Mar
Jan
56*4
Electrlo
Apr
24
8*4
Participating
Jun
37
Mar
15
Jan
22%
47
Jan
,:>25
1,500
Apr
75% May
x203A
23% Mar
173/4
11%
7%
A preferred—
Messabi Iron Co
33*4 Jun
Jan
Mar :!
10
900 a
12*4
33
173/4
preferred
Hydro
483A
32%
Jan
183/4
July
13 Va
•
6%%
115% Mar
May
27% Mar
1,700
1,300
17
:32
33.
s
29
70
X69
*
Hummel-Ross Fibre Corp
Hurd Lock & Mfg Co
Hussmann Ligomer Co.
$2.25 preferred
Com stk purch warrants
Huyler's common
150
32% /
Jan
4%
Jan
14
600
Warrants
Metal Textile
Hubbell (Harvey) Inc
Humble Oil & Refining
171/2
32*4
•
........1
Memphis Natural Gas common.
Menasco
Mfg Co—
Merritt Chapman & Scott
May
47%
Feb
Dredging
&
18%
19 Ye
40% July
50
42%
42%
13*4
1,000
15%
15
-
t
Aug
.15
13
40
15
42%
•
6*4 Mar
"
2*4 May
900
Corp common
$2.50 preferred
i:
1,200
Feb
41
45*4
'2%
17*4
McCord
140
—
2%
16%
McWilliams
203/4
41
2%
17*4
Jun
173/4
May
12*4 Jan
3,300
15
14%
~
*
87%
1,000
60
6*4 Feb
•
1
45% May
3,200
Jan
Jan
11
.—
common
32% July
^
:
Ltd
Massey Harris
65
Feb
11% July
,
26
40 3/4
Mass Utilities Association v t C
Jan
22%
■■■■■
■—-*
& Co common——™*
Communication Co
Marion Power Shovel.-.-*—
200
\
56*4 May
Feb
21% May
Marconi Internat Marine
26%
*
.—
18
2,600
15
Inc——v——
(Geo A)
Jan
Jan
8%
Jun
36
(The B) Co:——*
16% May
175
„
'38*4
37%
-10
common
& Co class A
RoUlnger
17%
17
common
Apr
16%
107
150
10714 1073/4
Feb
48
14% Mar
w
19%
July
15% Mar
'
15% July
32
r
"
w
5%
Mapes Consolidated Mfg Co.———.*.
14% Jan
Feb
1
High
Low
700
20 %
,,..38t
Range Since January
:
v
Manatl Sugar optional warrants—.
Mangel Stores common
..1
9% July
common———
preferred
Jan
200
Class A
Heller
7%
High
M
9% May
Apr
Shares
of Prices
Low
72% Jun
Mar
5% Mar
400
Range
Far
10
common.
Mining Co
Helena Rubinstein
Last
Sale Price
High
•
; Sales
for Week
Week's
Friday ;;
Exchange
10:
—•
Hecia
.
Range Sinee January 1
Low
7%
414
63/4
■
AUGUST 9
New York Curb
Shares
67
7
Harvard
ENDING
i-.C:":/;.'-" SHOCKS
High
Low
For
WEEK
for Week
of Prices
Sale Price
I OR
Sales
Week's
Range
Friday
STOCKS
log'
108% July
Jan
May:
45%
Jan
45
Jan
111
'.!£
Apr
59*4 Jun
!73% May
10*4
Feb
15%
Apr
34
Feb
40
Apr
£
7HE COMMERCIAL
& FINANCIAL CHRONICLE
Monday, August 12,1946
NEW YORK CURB EXCHANGE
RANGE
STOCKS
New York Curb
Week's
Friday
■
Last
Exchange
Sales
Range
for Week
■:'•••.
of Prices
Sale Price.
WEEK
ENDING
9 '
AUGUST
Friday
STOCKS
^
U'i
New York Curb Exchange
y
Shares
Range Since January 1
low
High
Low
Pat
FOR
:';=c•
,r.-v
Low
Steel
Co
•'
common.
_
Securities Corp Generai__.
3%
>
,2.000
Ohio Brass Co
class B common...
Ohio Power 4%%
Old
Gas
34%
113%
100,,
~20\
42
200
common—
14
118
»
18 % May
—•
16%
Jan
Jan
18%
26
Jan
26
100
;
17%
.
500
i
26
.
4%. .4%
-
-1
B)
(R
Bemier
4%
.27%.
100
| n,5oo
«
5
:
;
7
4 30
600
,
-25 "..Mar
150'
98
100
Co
common.
15%
1st pfd..
preferred
Pacific Lighting $5 preferred
lacific Power & Light 7% pfd_.
Pacific
Public
$1.30
1st
15%
46%
41 Va
46
1st
41
j
400
;
114
Shattuck
i
Bnerwin-vVilliams
114%
Pkn American Airways warrants
Parker
Pen
Co
Parxersburg
,
,
,
;
,
!.
-
Rig
Reel
a
Mills
Plymouth
Peninsular
S3
cum
•
ft Elec
Gas
Power
Penn
29
class
A
13
pfd_.
Solar
July
7%
Penn Water &
Power Co.
74
Pepperell
Co
Peueci Circie
Jan
May
Co
14%
15 ye
19
•
common
Pin chin
Johnson Ltd Am Shs
Pioneer
Gold
Mines
■
Ltd..
L
Pittsburgh
fin
Metallurgical
&
6%
1st
25o
Alexander
Power Corp of
6%
19
Polaris Mining Co.
Canada
May
100
Gold
■■yf
44
Prentice-Hall
Pressed
Inc
Metals
Producers
1
*
82
#
15
•
Providence
•
.
10V4
v;v
•
109% 109%
17
8
J
—*
■
„,*
1
18%
s
"
8%
27% July
33%
-
5%
13.100
6
6%
»
:
,
4
135
60
700
25%
800
9V«
1.000
7% Jan
200
4
"
■
m'
-mh-i'i. I
Sterling:.. Inc.,..„....1■;
Stetson (J B) Co common..
•
Stinnes
(Hugo) Corp...—h,
,
......Jl
_•
«" • • T l
i?.
'V* '-'t I'tv-.;
Corp ...—.......,i..
*
*
34
53%
56
27
400
8%
8j/4
5%
20%
5%
.
21%
2%
39
300
i
Power ft Light
7%
Tobacco
pfd
Ltd—
rets ord regis
6
550
2%
'
32
Jan
49% Jun
x38
Mar
48
28
Jan
Amer
40%
38
40%
900
48
48%
150
27%
6%
29
6%
1.050
29
6%
,
1,500
•/
Richmond
1
no
■
Dry
(Texas Corp)
vtc
;
Rochester Gas & Elec 4%
dep rets for ord
Corp
common.
'
Metal Works.
5% Mar
Root
8% July
Co
Rotary Electric Steel Co.
Royalite Oil Co Ltd.
30
convertible preferred—
1
Co
Feb
44% May
19% Jan
43
Feb
Unexcelled Chemical Corp
7% May
116%
•4%
Feb
5% July
112% May
9%
Feb
r
Feb
Jan
,69% Aug
>
5% Feb
' 3% July
Jan
34
May
14%. Jan
7%,July
% 12% July
x
14
3%
Canada
Apr
8%
Jun
Union
Oas
6
7%
common
6%
>%
Jan
9%
Feb
Union
10
Investment Co
33%
2.000
13%
12%
13 V4
8%
10%
5%
6%
1.800
4%
1.700
41%
46%
2.200
8
•
common!..
Manufacturing
For footnotes see^ page
:
-1-.
25
£53.
'
4
'
43%
7%
41%
,
-
"'7
'
41%
7%;
43%
■
*
,
I,
'!'•,
9 Va Mar
35%
9% Feb
7% Mar
17%
Jan
■
oi
——
Yds of Omaha—
"
•
100
10 %
15% May
Jun
3% Mar
6%
1
Jun
11% Mar
2,500
14%
16%
1,700
10% rvi 10%
10%
1,200
ry;
/i'
'l/i
:*•*
19%
19%
19%
1%
1%
-
r!:.
Gas
warrants
Corp
i
United Light ft
United
Milk
r
Jan
8%
Feb
Feb
63%
Apr
18 Vi July
29%
Mar
27
..
49 y4 "•;
Jan
11% July
7%
Chemicals
corp
5%
19% July
8% Mar
59
■
800
;/17% Jun
8% Mar
;
300
8
8.
8
■■'ft***::'
July
3
800
3%.
16%
1%
Products—..——1
common
•
Aircraft
y " 14
;i:^3
16%
Jan
1
15,400
32
Feb
Jan
34% May
2%
60
Jan
May
1,100
17%
18"%
4,700
15
Jan
21%
31%
31%
32%
8,200
25%
Feb
47
Railways.
49%
18%
common.
Jan
37"% May
62
May
95
Mar
48
•
Products.
•
101
Apr
Aug
12 V4
33
5.600
1.200
Feb
;
5% July
14.500
6
26
10.000
9%
I
Co
6% Aug
3.700
31%
1
Corp common
common
Bcovill
Feb
May
107% July
Apr
2% July
113%
r120
Udylite Corp.
5%
33%
Co
Inc
Feb
163
v
—"
1
•
Jun
10%
Feb
United
(DA)
Jan
3%
Jan
,
42
United Elastic Corp
St Lawrence Corp Ltd.
Class A $2 conv pref—
Co
9%
u
United
Oil
100
Apr
United
Schiff
2
r
9% May
11%
United
Savoy
July
-14%
May
July
;1 r':*
Union Stk
Schulte
48
y
.6% July
13
Jun
19%
2%
Ryan Consolidated Petroleum.—-—•
Ryerson ft Haynes corumor
Oil
Apt
22% July
72
May
10
17% July
Ave
Aeronautical
Apr
Jan
'*? *'r
Roosevelt Field Inc.
Petroleum
30
59
; 26% July
Mar;
Jan
64 % Apr
,
warrants
Inc
80o
Feb
10% May
.15%
-*
Tung-Sol Lamp Works
reg.
Apr
16
•
Tri-continental
Trunz
*
37
*
Transwestern Oil Co
pfd F_
Pendleton Inc
Jan
j
8% Mar
Shipyards Corp
•
Edison 6% preferred
100
preferred
———100
Tonopah Mining of Nevada-.—.....—1
Rolls Royce Ltd—
37
; 29
122
17% Mar
7fo
,_U
12% May
8% Mar
......
Trans Lux Corp
Paper
*, 26ys May
21% Aug
117% Apr
Toledo
Valley Gas Co—
United
6% July
Mar
32% Mar
Todd
Radiator
Dome
6% Aug
14
25
18
Jan
62% May
34% Jan
20 '■*- Mar
!
-
dep recs def reg
Regis
v
,
•
Salt
Feb
3% Jan
May
■**
Exports——
Product
Goods
Richfield Oil Corp. warrants
St
Jun
25
2
Co common
Reliance Electric ft Engineering
Samson
22%
18% Mar
.
8
Ttlo Roofing Inc
——
1
Tishman Realty ft Construction.^—1
Tobacco ft Allied 8tocks———
•
Shovel
Rice
Ryan
Aug
8% Jan
11% Mar
•,
•
100
2
50c
Textron Inc
Tbew
dep
Russeks Fifth
Feb
.1
•
Texon Oil ft Land Co
Amer
Art
Apr,
10
5% July
2.100
40
39
31
7% Mar
5.200 m
21
20J/a
.""2%
56
Jan
1.600
19%
;
35% July
18
'
Jan
100
5%
.84% July
24
•
Superior Portland Cement, Inc
•
Superior Tool ft Die Co.--.~-...--.~-l
Swan Finch Oil Corp
IS
Tobacco Security Trust Co
Ronson
:,
5»/4 Aug
1.100
; 26%
48%
«
Reed Roller wt
Cable
Jan
23%' Jan
: - 9% Jan
,14% Feb
16% Aug
t
171% 173
Radlo-Keith-Orpheum option warranto.
Railway ft Light Securities
Voting common
Railway ft Utility Investment a
i
Rath Packing Co. common.
in
Raymond Concrete Pile common
•
•3 convertible preferred.,
•
Raytheon Manufacturing common
50o
Am
160
72% Jan
27
July
<
34
1
Sterling Brewers Inc
Texas
Rome
7% May
Jan
July
17%
16%
5%
8%
34
Technicolor Inc common
ft
Jan
147 >/4
'
33% July
7% May
Feb
3%
-3%
700
145
•
16%.
24%
1.300
33%
5%
--
6V*
5%
:
32%
5%
..
Taggart Corp common
.
Tampa Electric Co common
Roeser
Apr
Feb
111% 112
preferred
Rio Grande
Apr
45%
53%
Sunbeam
Feb
45%
,\\y
-Sr.-
§, Stroock (S) & Co common.
16%
Jan
Feb
3%
■;
;'27'v-.
%
Feb
16
2.78
Sun Ray - Drug;
Stix
July
13%
12
Sterchl
v
common.
Jun
19% May
..1
ft'
25%
Feb
Jan
165
—..10
;
Feb
32%
31%
10
Sterling EnglneCo—
16
Mar
51
..1
y
18%
Jan
37% Aug
'■f Sterling Aluminum Products.
"24%
Jan
^13
(A) ft Co common
Bros Stores common
stein
6
Puget Sound Power ft Light—
6%
15%
1
Steel Co of
8% July
$5 prior preferred.
Puget Sound Pulp ft Timber.
Pyle-National Co common
Feb
29% May
1
1st preferred
Quaker Oats
103
*
Preferred ..^.^....^....
Standard Products Co
i
1st preferred.
7%
■-■■■■■■
1
5
Public Service of Colorado—
6%
Jan
7% Jan
.....—AO
lane..,
Starrett (The) Corp
Jan
1% May
13% Mar
Prosperity Co class B
Gas.
Jun
14% Jan
r/ Standard Tube class B
Jan
]
America.
12
1
Common class B
% July
•
1
common
of
Corp of Nevada
Jun
374
12.50
Standard Power & Light
Jan
«
Mining
13%
24% May
Feb
common.......^.!
common
(Ky>..
Standard Oil
July
'
Premier
12% July
Standard Dredging Corp common..—1
$1.60 convertible preferred........2u
12 % Mar
100
Pratt ft Lambert
Apr
114% May
31% May
7% Feb
preferred
Convertible
*
17% Mar
*
com
preferred
169%
Apr
25% Jan
1
Standard Cap ft Seal common
f
Jan
6% July
;
2.50
common
Jan
110
......—l
Spenoer Shoe Corp....................
Btahl-Meyer
Inc..
Standard Brewing Co
Mar
May
12% July
i
.
130
Jun
•
m.,...
Southland Royalty Co..i.>
|
70
5
common
Valley Wuie tiu
Pneumatic Scale common.
44
50
Pleasant
Powdrell
I
.12% July
RR
E
1,200
Jan
24% Mar
19%
Edison—. .:
original preferred
.
23
preferred B-~-.28
6%% preferred series C
28
Southern New England Telephone__100
Southern Phosphate
Co
10
Southern Pipe Line . ... , ,—
■■■■!■ 10
~3% July;
Pltney-Bowes Inc.
ft
Jan
6%
7% Jan
Pittsburgh ft Lake Erie_.i
19%
;PI5.-'- May
6%
%,
,
__1
Piper Aircraft Corp com
Pitts Bess
10%
5% July
>
600
Southern California
Aug
Co.
Governor
Jan
1
Pipe
Pa
boutnwest
Feb
common-
Mills
Oil common
Penn
South
Jan
Pierce
16%
f1
regis
Paper
South Coast Corp
16% Mar
Philadelphia Co
Packing
Apr
49% Apr
Co
Aircraft
Boss Manufacturing
July
46% Apr
Pharls Tire ft Rubber
Phillips
Jun
1
100
Bolar Manufacturing Co
'Bonotone Corp...,,..
49
Mfg
12%
preferred-L^-.!--——«^L.100
(Howard)
Smith
5
July
113% Jan
com
Light 4% %
Jan
Jan
19
common
dep rets ord
3.90%
Jun
7% July
.
Traffic Co
&
Feb
5%
City Gas & Elec Co—
Sioux
.
48% Jan
Penn-Dixle Cement warrants
Penn
Jan
11%
preferred..
convertible
Amer
Pennroad Corp common
Peon
29
Singer Manufacturing Co Ltd—
Telephone common
preferred........
L
$1
111% May
Jun
*
-
Binger Manufacturing Co
1
Patchogue
2,200
.
common....————
Bimplicity Pattern
_5
________
Co
Jan
Bimmons-Boardman Publications—
1
„
.
Oanada.^.~-~~..-.*
Breweries Ltd..
Blcks'
Silex
Pantepec Oil of Venezuela Am shs
Motors <7nrp
common
Williams of
Bherwi n
Feb
;
14
preferred-.--—--.IOC
4%
Service
Page-Hersey Tubes common......-..*
Paramount
8
...—•
1
25
Power
Sheller Mfg Co
preferred
Feb
104% May
2%
-100
-
Mining
Denn
7%
35%
*
Jan
i- Aug
6% July
■
600
July
10
Bhawlnignn Water &
104%
103
Jan
.
y
17
2,600
;
control.
Seton Leather common..
Can
30'AMay
Jun
Berrick Corp class B
5% %
4%
May
9% Jan
4,ioo
:•
Inc
Saieiy
Sentry
Pacific
22
'>
y
25% May
3% Jan
150
26
.28%
99% 100
.
Sentinel Radio Corp common—
Pacific Gas ft Elec 6%
High
Feb
6% Mar
21Feb;
200
27%..
4%
—8
$5.50 prior stock.
Allotment certificates
Apr
27%
-
JIB
*
Mar
Low
19%. 19%
V6% K 7:
4%:-i
Range Since January 1
j
High
.
•;
Hardware..
Belby Shoe Co
Selected Industries Inc common.
Convertible stock
Jun
22
Omar Inc
Securities.
Segal Lock &
Jun
—
Shares
■
Jan
54%
12% Jan
Filters B.
United
Overseas
41%
Jan
Jun
Jan
•
Bros Inc.
Seeman
Feb
Jan
11% Mar
400
Distillery
Poindexter
Oliver
'
preferred
Natural
uxiahoma
~
...
Sales
for Week
Range
ot Prices
Par
High
Bccllin
Ogden Corp common.
Week'a
Lost
Sale Price
v
Mar
Jan
5% July
v
46 Va
Aug
Jan
9%
Feb
38% Mar
46%
Jun
$3
participating
United
Amer
Molasses Co
dep
preferred—.
rets ord
10%
Profit
Sharing..—
preferred
—
292
292
8y«
regis.
United NJ RR ft Canal
United
—
—
Ltd—
100
2%
250
—10
:
''..iL:
2%
Jan
9%
293
Feb
May
10
284
Jan
100
2
July
4%
Jan
8% July
12%
Jan
•
Number 4515
[Volume 164
•
> THE COMMERCIAL & FINANCIAL' CHRONICLE
,
NEW YORK CURB EXCHANGE
:
New York Curb
Last.
Exchange
United Shoe Machinery
Preferred
81
82%
common.
Low
■
82%
78%
1,350
300
48
Jan
46% Jan
.
United Specialties common.
17
26
18%
Graphite common..
8
U S and International Securities.^-*
(5 1st preferred with warrants
»
U 8 Radiatpr common.
U S Rubber Reclaiming
*
16% "16%
100
7 4% 7 4%
3,100
,325
Wallpaper, Inc
s
9,100
?
3% Jan
.
Kentucky Utilities 4s.
9
21
4
4%s—.
Milwaukee
-1967
..1981
.J2022
Jan
Jan
.
6s
New
115
A
series
——.
Gas
Amsterdam
New
deb
5s—..—
England
.1950
convertiole preferred...
Fenezu^an Petroleum
14
5
A5%s series A (54fo
redemed)..1948
Ohio Power 1st mtge 3%s.
1st mtge 3s.
,•
Power
Pacific
A Light
5s——1955
Ward Baking Co warrants
Jan
^1
Knitting Mills
150 ;
30
Feb
8%
30O.„
,
16% :
363/4
37
10%
10%
—
3io
33%
1
(Wm & Co
18
18
43
Wichita River Oil Corp.
44
/
0mmm
A Co..
30
32
23
250
Wilson Brothers common..
12
23%
13%
5% preferred w w.
Winnipeg Eleo common B.
Wisconsin PAL 4%% pfd
27%
14%
600
Wolverine Portland Cement
10
^i:Z
IS-
$
12
13
Woodley
1
14
14 :.:r-
24
Jun
R
38
33
Apr
15
170
U-S
5
170%
10^7
A-0
J-D
.1952
Af-8
.1951
J-D
.1951
A-0
;
160
101% 101%
.1965
MS
107% 108
105
106%
;
Southern
California
Counties Gas
Yst mtge 3s.
3s
3%s
Gas
Southern
.1970
263/4 July
31
20
Apr
8 3/4 Jan
;
112
125
:%
126
103
$125% 130
1150
.1971
J-J
111%
98%
105
11%
Aug -r"- 17%
12
400
10% Feb
.
lfl
Jan
.1948
.1948
J-D
1959
MM
A-0
-
$106%
93
A 7-4s
J-J
3d stamped
(Hugo)
—
104
7'MM
%
$33
106
.106%
t l08
78
§;
37
108
2
40
$33
Mi'
107%
108% 108 7/a
—
91
<
A-0
United
: ?
" 106%
,96
36%
48
Industries—
Electric
.1968
N
106
.
,
108
•40
48
R.:,2^
105% 107%
2
107%, 110;,
1
'
103% 106
:
yv...'.'-A.;.-, v-y
United Light A Powef Co—
1
v
1st lieu A eons 5%s
•>'
United Light A Railways (Maine)—
Feb
Feb
7
'v.
M-N
A7-4s 2nd stamped
Toledo Edison 3^8
Apr
July :,r^.l7%:Mar
15
/
A-O
Btinnes
108%
;
105
,1108% '.wpii ::
.1950
-
,<
Apt
Jun
101%
107
.
106
106
F-A
.1989
5s_.-.
Corp lno 5s.
(Hugo) Corp—
Btinnes
,
(Calif)—
AStarreit
:
Jun; 1
May
>
172%
104% 108%
105%106%:
A-0
Southwestern Gas A Eleo: 3%s—.-1970
Spalding (A G)
•12% Mar
V
105% 10T
$106% 107%
106.%'
/
Jun
American ^deposit
MM
1
107'.;
105% 107%
101% 104 ; r
..
102% 102%
.1979
Woolworth
receipts————Bs
6%
preference
£1
Wright Hargreaves Ltd
•
105%
"'yyr+v-
109
Jun
Jan
90O
-
Jan
v
106%
<
a
BftrtPW
/55¥ Jan
29
91
105% 108
'
MM
Safe Harbor Water 4%s.
<
110
v'r
Woodall Industries Inc
Petroleum
(F W> Ltd—
/
800
15%
/
18
400.
28
100
Feb
10% July
300
Willson Products Inc
24%
34 R Apr
21% Apr
20
Feb
'
perpetual
106%
81
,
Soullln Steel inc mtge 3s.
Southern California Edison
49
16% Feb
so *■
800
A
6%
$107%
102%
109%
102%
18
90
..
J-D
Jersey—
certificates
90
109%
106
107%
$107%
$108% 109%
$105% 106%
.
107
7
102% 103
yy £
•47?V.
45%
—:
Ban Joaquin Lt A Pwr 6s 3.
ASchulte Real Estate 6s.
30% July
jun
'
:
J-D
New
,
40% Apr
Mar
102%
W
103^
:
10%
Queens Borough Gas A Electric—
>
$
19i/4
32
]
Whitman
m
33% Feb
■
Service of
105% 108%
100% 105
102
105%
106% 107%
101%
'
Feb
155 ;
Feb
140
Apr
|
16% Apr
12% Mar
1,700
—10
Weyenberg shoe Mfg
115
112 :R Mar
'■
3%s.
Slnking fund deb 4s.
Public
9% Jun '.>,v
..
•
'
20
Westmoreland Inc
.
Puly V- ■:& 7 - May
31% July ?itR;70::R Apr
11% July
8% Jan
100
12%
Feb
5%
'
1st mtge
>
v
1959
101%
107% 107%
M-a
;•
10% Mar
*241/4 May
R 4
1,400
West Texas utilities $6 preferred——*
Westmoreland Coal
<
600
43/a..
46% July
,
,
Feb
16% July
6%
T,50O
2,250
8'/4
;
West Va Coal & Coke-———
Western Maryland Ry !t% 1st pfd—100
Western Tablet A Stationery cont——*
193/4
y'* 114
May
7%
Aircraft Corp
(R C)
s
46%
16%
;
Wayne
Jun
99
31
22
$106
J-D
Power Corp (Can) 4%s B
Public Service Co of Colorado—
R
111
8
Co.
Warner
9% Feb
10
114
46
Class B
Waltham Watch
jmy
15% Aug
700
16%
15%
114
J-J
101%
102V8 102%
1107
i^SPi
F-A
-1964
101%
98%
__
A-O
Pennsylvania Water & Power 3y4s.l964
3%S
MH1970
98%
6
103% 103%
A-o
Park Lexington 1st mtge 3s
16
..
$9
105%
105
H
J-;r
115
111
102% 102%
102 %
78
108%
105% 108 Va
—
1105%
J-J
,
k
99%
102%
Sr-H
1964
2004
69
105
99% 99%
99% 100
/
99% 100%
Syndicate Inc
Manufacturing
Williams
99%
North Continental Utility Corp—
'
115%
111'/a
102% 104
105%
1105
gA-O#
.1954
•'
104
,114% 114%
M-N
.1948
''
105
Af-N
.1961
3%s.
Power
—
Wagner Baking voting trust ctfs ext.
7%
preferred
!
Waitt A Bond claM > a
113
105% 107
72
J-D
N Y & Westchester Ltg 4s
5
105%
109
,
1106% 107
M-S
.1948'
N Y State Eleo A Gas 3%s__
.
55%
104%
107
170
J-J
.1947
—
Conv
:
A-O
1948
5s
Eng Gas A El Assn. 5s
5s
July
i
Waco aiiwr«#t...nw.-.;".;L..
'44%
.J'-
115%
104
U-8
34% Aug
7% Jan
T«teg*r Corp common
Vogt
101%
"
J-D
Gas Light 4%s
Nebraska Power 4% s—.
New England Power Assn 5s__
Debenture 5%s
Venezuela
103%
95%
,1110
tt-S
Feb
New
1
100%
12
1114
\
F-A
Apr
Jan
2578 Apr
5% Feb
Feb
100
10e
High
23
,107.
28
,
July
5ya Aug
5%
M-S
S J-J
12% Jun
Feb
23%
Low
1105%
—..1970
27
Jan
29
34
5%
23
January 1
102
102%
100% 101%
140
45%
J-D
-1963
7%
.
24% Jap
32
102%:
.196$
6s
Midland VaUey RR—
Extended at 4% to.
July
22
•
Utility Equities common
$5.50 priority stock,...,
Superpower
McCord Corp deb
0
—
Utah Power & Light common
Range for
Sold
NO.
High
8% May
4
V
Bonds
Friday's
or
Bid & Asked
J-J
Kansas Power A Light 3%s_—1969
■7 207a May
Feb
4%
600
41/a /4%.
J-J
8s———
Kansas Electric Power 3%s.
..1966
Kansas Gas A Electric 6s——..2022
Aug
Feb
12%
5s—————1957
———1952
Power
Debenture
7% Jan
99
Mar
89
500
18%
18
Universal Insurance —
Universal Products Co new com.-...10
ougar—-
Interstate
30% Jun
:17'/e Feb
*
Mar
15
10
W
Universal Consolidated Oil_—«...
Utah-luuno
28
97% 100
50c
2
United Stores common
United
Jan
-
,
!
S
U
Aug
Altalian
U S Foil Co cjass B—
Last
Sale Price
Low
847s Apr
49% July
247a Apr
;■
Week's Range
Friday
Exchange
Curb
High
...
;;40o
Fork
Interest
Period
New
Range Since Jahnary 1
Shares
High
Low
7.7.
.
BONDS
for Week
of Prices
Sale Price
range for week ending august 9
Sales
77 Week's
77 Range
Friday
7.77 7. STOCK S;-'7777'-
r
6s
series
Utah Power A Light Co— ;
>
Debenture 6s series A———-—.2022:
:
106%
$1123%
114%
106
Jf-N
.
106
106
-A,*"
F-A
1952
A
106
..
I
109%
106
112
; 116
„
'
Waldorf-Astoria Hotel—
A5s
1954
debs.
income
Wash Water Power 3 %s
MS
MM
''
82%
■:
*MM;
■
1964
—
R
West
Penn
Traction
;f
.2030
.I960
5s
A-o?//
J-D
New
nv;BDNiy:sJ';,
:'
v
York Curb Exchange
*r
f
-:: Friday V, Week's Range
.•
Interest
Last
Period
Sale Price
Low
Amer
WritJng Paper 6s
Appalachian Elec Pow 3'As.
Appalachian Pow deb 6s
Associated
Elec
7
J-J
121
101%
MS
Atlantio City Elec 3%s
—1964
\MS :X
series
C
i
6%s
Bickford's Inc
v
v,v;;
j
101
Conv
Debenture
Debenture
deb
115
BONDS
82
64%
,
5s
105%
103% 103%
73
107%
103
105% 105%
107
107%
104% 107%
105
108%
Par
1st ref 2%s series R—...
Consolidated Gas! (Bait
A
.............April
A20-year 7s
Jan
Bogota (see Mortgage Bank of)
ACauca Valley 7s—
:
>
o
5%s
Extended
1076
105% 105%
Danzig Port A Waterways—
A External 6%s
stamped—.
105% 106
ALima city (Peru)
A-0
1954
:
?
121
Maranhao
120% 12«
$
121
AMedeUin
v j
1st mtgn-48 ser A.——.1993
:
1st mtge 4s- ser. B———2993
1985
Elmira Water Lt & RR 5&_
—.1958
Finland Residential Mtge Bank—
Stamped
•
iJf-S
——,,
69%
70%
.
MS
$37%
R J-J
40
81%
813/4
R --:
:,
49%
105
2
—
81%
39%
--
107% 107%
$125%
—1961
,69%
21
70%
r.'*
*MS ;
j-d ;
Gyegn Mountain Pow 3%—^
,1963
Quantanamo & West 6s—..—1958
J-D
—Jan 1949
A-O
6s series B——
—Jan 1949
105%
r.
1950
m*rn
107%
125% 130
stamped
7s
•———1963
——1970
Indianapolis P A L 3%s^—
~-:JX::yy+y
$105%
103
>
F-A
M-N
:
'
•
.
.
106% 106%
109 y4
71
A7s
A7s
99 v
92%
97
89
27
32
20%
23%
29%
29%
495%
M-N
F-A
31%
99%
97%
97
J-J
$20 "
US
$19
;
■
20%
,
r*
.
105
2
103
4
i
„
.1955
...
coupon).
(July 1941 coupon).
'■'-.V'"'v
.1953
COUP)
E
J-D
.1957
..
.1952
"V
yi
MM
'
F-A
.1957
.1952
W '-'Hft
47
42
104
105%
105% 108%
44
65
59%
1
,
MM
-
42
65
43
60
46
1
42
63
45%
60 V
(
J-J
.
'•
$42%
48
'
.- -'mm *
'•*'
•
'
MM
35%
..$38 ;:
35%
M-M
..
5i%
$52
..
_
;vA-01
J-D
J-D
M-S
2%sr.—-J1008
v-
--■vv,';
..
33%
36
50%
50%
3
*
¥
$52
51%
*
yr
>
::
J-J
•
1«31
A5%s
;.;iJ-jr>R:/R ;
$39
.■■M"
7%
7%
;
-
..
1
42
27% H
99%
41
W' iR-tkR;
-
,
;7%
>■:
.
—
RR 6%.
39
7%
7%
-
;
delivery sale, d Ex-interest, e Odd-lot sale*
x Ex-dividend,
y Ex-rights. bid and asked prices; no sales being transacted during etxrront
•No par value,
14%
14
15
$Friday's
;
g Ex-stock dividend.
a Deferred
nUnder-the-rule sale,
r
Cash sale,
.
"
%
week*
traded flat,
SReported in receivership.
-
'
dividend of $22.50* plus stock distribution*" 1 'r■'
Abbrevtatione used above—"cod," certificates of deposit; "oons*M consolidated;
fEx liquidating cash
Rj
#f
44
'
..
.7%
.
52
20%
90
37%
,
98%
•>;. 98%
'
Me
■/RR;
■
$26%
¥■>
—•
'
A)
reduced to 2%...—.2012
Government 6%a....^.l910
Interest
ARussian
106%
44%
.$40
--
JrD
75
104
3
.
2008
1951
^
105% 110
2
■V
—
105%
62%
107%
ABonds being
(Aug 1941
series F_
:
May 1927,1947
A7s (issue of Oct. 1927)^^-^^.1947
A Mortgage Bank* of Chile 6s—.—*-1931
Mortgage Bank of Denmark 5s ^.1972
Parana stamped (Plan A)
104% 105%
RRR:-'::5
,103
k:..105-
105
mm
y-
110'
^110
J
J-J
:
—
llnternational Power Sec—
series
1948
26%
A7s (issue of
interest reduced to
60%
..
105% 105%
- 73%
■
Indiana
A7s
85
J-D
83%
stamped (Plan A)
1
81%
$71%
'y'-\
A-O
Service 5s,
1st lien A ref 5s
$62%
$106%
MM
jsm
Bfgtade Food 6s ser
A7s
80
...1952
Rio de Janeiro, stamped (Plan
AGeneral Rayon Co 6s ser A——1948
Grand Trunk West 4s—^—
1950
A6%s series C.
A8%S (Deo 1 1941
J-J
r
6%s stamped.1958
Mortgage Bank of Bogota—
•
Eastern Gas A Fuel 3%s
5s
78%
r
Xhterest reduced to 2%s...
.Lackawanna vl.NJ Division—
•
A-0
.1955
—1953
5b_
1107% 108%
Delaware -Lackawanna A Western RR~m
7
High
1946
1947
7s
20-year
1969
—.1981
Range Since
January 1
Sold
Low
High
City)—
Gen mtge 4%s_
4
•
.
Low
Bonds
^
Agricultural Mortgage Bank (Col)—
7
Danish
Consul Gas El Lt ft Py (Bait)—
1st ref mtge 3s ser P
■', 1st ret mtge. 2%g;set Q_
Last :;.v or Friday's
Sale Price
Bid & Asked
Period
104%
5s—,
5s—
:
Jan
Interest
112
.64
104%
5s
Week's Range
Friday
-'New York Curb Exchange
80% 110%
103%
64
Foreign Governments & Municipalities
I
108%
105
Service
¥
113
105
106%
99% 101%
lAChlcago Rys 5s ctfs (part paid),
7
110%
113% 119%
r
1111% 112%
A5%a
101% 106%
2
'
108^
lACentral States Electric 5s—
Cities
108
119 y2
106
106% 106%
.
106 y4
105
108
tii7
7v,v.-
7
1
108
i
Boston; Edison 2%s^—
7-;
/
103%
107
.;
mm'r
104%
101
29
13
107
'
,
F-A
1959
124
121
1
105% 106%
„
126
High
10
;
,,
108%
122
1*3
101% 104%
109 % 111%
' l
121'
125
91%
110%
108
;
Range Since
January 1
Low
%
.102%
.101
Bell Telephone of Canada—
if 1st M 5s series B
7 5s
Sold
-
107%
/
:
•
,.
Bonds
; 1095/s 109%
—
J-J
V
;
>
103% 103%
A-0
Assoc T & T deb 5%s A
Friday's
Bid A Asked
High
I*?
4%s
or
-
:
125
MM\.
72%
7
>
110
7.
6s conv s f debentures
m :•
...
$109
MM';
Western Newspaper Union—
82%
$108%
*
West Penn Electric 5s
>
'
v;
-,
weum,,, cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"wi," when issued; "ww,*' with warrants; "x w," without warrants.
:.y.
\)
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday; August 12,
OTHER STOCK EXCHANGES
;?0.
Baltimore Stock Exchange
8TOCRS
k
■
/
■
:',v
•
/
■
'
'
•'■/•'.
'
~
■/'
>'
<'rL
Week's
Friday
j
Last
1
Arundel
ball
Corporation
Transit
Co
Preferred
Mt
5%
-
-,TT
31% .31%
25
46
k-,
—
....
Transit Co
series
5s
37
142%
.31% July
14
42%
24
40
,50%
52%
.380
47
42%
42%
9
.
Mills
Jan
Jan
109% ;
'
Burrell
Corp
common
'
—5
-
*
Oo^common^-i
Aluminum
Club
Products Co
; :
Consumers Co<vtc partlcfpMrCommon
Exchange
Week's.
Par
Plf
i
♦
American Agri Chemical >Co
om—100
-American Sugar Refining com
100
7%
1'ei
Son
&
A
Boston
Boston
Herald
Boston
Boston
,7%
-
...
A
•
Ry
; 1
:v
17
-
v"1
/.
150
Mar
Aug
Feb
80 %
'
l
363
78
95
'
vV
*Vi»
I
,
37
!
1
,y
r»*
i
'
45
775
57
12
150
11
01
21.
25
.16
Aug
25
,
220
,07
of
Co
Hecla.—
&
Cities Servicer
Co
Eastern Gas &
Fuel
8%
—
Ift"
mi.**.
—■
Copper 'Range
5
—
...
/ 135%
■
11%
————_
8%
50
56%'
8%
1:04
;
11%
.
50
Jan
26% -Feb
11% Aug
Jun
42
4%%
Associates—
14%
Tnn
Co .<H
/
Corp
Eastern
S3
^Engineers
Service
Fim- National Stores.
Indiana
'
:
BLennecoti
■...>*•' v
;
i.,,.,.
Coppei
Util
;Mass
*
Alkali
•
t
National
5%%
46%
8%
2%
Cos
70
23
21
61c
48
46
Jan
44
Aug
4% Jun
49
8% Aug
.2% Aug
.29% Feb.
770
July
*375
-
,
4
Feb
,37% May
64
17
Jan
182
14,300
19% July
60c Aug
Colony
National
79% Apr
80
6%
preferred
Quincy Mining Co
RR
■
Machine
pfd
7%
Pub
—10
—100
Association
Shawmut
'
.
Fruit
'United
,
47%
•
51%
United-Rexall
.
Shoe
United
6%
Drug
Mach
preferred
—
...
U S Rubber
U S
A—
10
System
(S D)
Warren
•
■
—
L
'
■
common—:.—
20
*
common...
vr-V;■■'■;
capital
Co
common J——
St Louis
Nat.stockyards
59%
i';: vV
Sundstrand Machine Tool
,32%
--
.
Sunbeam
Corp*
/.
1/'*'•"
Trane
Co
Union
Carbide
/
v.
,
Chicago Stock Exchange
Week's
Friday
r-7.;
Lastv
of Frices ?
Low
Abbott Laboratories rights-———
Adams ,(J
Admiral
D)
Mfg
Corp
%
%
21,100
19%
20
% Aug
17% Jan
1
13%
13%
100
13% Aug
5
Aetna Ball Bearing
•
Co
&
Asbestos Mfg
———5
common
Co common
Washer
1
common
_8
-
Aviation Corp <Delaware)
Bastian-Blessing
Belden
Mfg
Co
Co
,3
—
see
page
'
l
15%
5%
16
200
.
15%
1,300
^150?
300
6%
10
40%'
21%
15%
,27%
w
22-
100
,400
4%
10
1
:'
100
150
:>
200
1%
4,200
15%
300
■,,
5
28 V«
650
861.
—•
9
Aug
1
18% May
7% Feb
Anaconda
Copper
Jan-
Aug
15
Mar
5% July
9% July
".'34%
20%
8%
Atch
.
14%
May
20% July
% July
26%
12 Va Mar
17%
Jan
18%
Feb
20%
Jan
30% July
550 '
15%
Jan
22
46%
Feb
59% May
€6
Feb
May
1,550
..
.
..//I
Motors
—
—
250
16%
11
1
on
,:
Corp
Laclede Gas Light
common...
,
25%
1,600
21
46'%
.
46%,.,
28
58%
68%
700
13
■
X101%
Jan
31% July
50.
;14%
200
.
..
'
•
33
Jan
«
1,800
'*•
'■*
V'-V;
'-':
Jan
48
19
.
:
17%
\
Janil
May i >
Jan
'
•
i
Jani
;
■
13% May
' ■'.',■'
'.v
vp
|
.7
39%
14% July
13
Apr
e; 9% Aug
200
;• y
May :
61% May;/
120
May?/
87% Feb !
Feb
79%
51%
Feb
V/t
40
'■]
9% ;10%
,
> ;:><
Jan
200
33%
13
■
j!i ■' d
25%
160
100,
39
,14%
.
•41
't
;;39
'■
45
July;
34% July ,f
Jan
.
.400.,
.
33%
.
Feb
37%
i\\,-y.
33
111% Ul%
,
:
f
49% May U
18%
450
400'
»
t; ^
..
,
...,38
Feb
^Mar#
'
33
5
371/4
Jan
8% Feb
17% Mar i
,12% July
.100
.
45
Jan
6
,
.
550
.300
30>/4
*39%
■;/.39 44'.''Apr If'--'
35% Apr
700
..
39l/a,
39
,
460
"
6%"
6%
13% xl4
•
.
..
11% Aug • J
59%'Aug k
Feb
45
20% Jan
;
Mar
39
\
■
I-
:■
'/
-
.'-v
18%
'18%
18%
300
"-39 Vs
40:/~
300
..
1
..
I
.
__
..
,
Jan
31%
Apr
r
#
43% Jan
104
Jan
4^ ;
,
,
* 24% '25% '
IXV» 11% 15%
16>/4
'*
..
^
f
)
•'»
1
'
!
t
94% Jen
-*7 •'
700
,
23
Feb
40% July
51%
110
t.
y
/?
Febk
Jan
106J ,.Jan,
'•
10'/4
500
■
-
,
10% July
25% July;
13% May < V
300
15 V4
July
Apr
20%
Apr':
12%
Feb
12% AUg
16%
Apr;;
45% May
51%
Feb
9% July
13>/4
Jun *;
20 VB
FeD
1,300
100*
10o
! .400
—
,-#7% U IV*
-
/
13% Jan
7% « 77/a
12% 12%
'.46% "46%
-10
.
16
•*
I- -46% <46%— 100
:
1
•
4
Iron
Jan;;
37% July,,
20% "Jan 5
7%.AprP
•
Graham-Paige. Motors
Jan: t
Apr
12%
Apr
33
—
1
Interlake
;
'
49%
Aug
200
V—"*'
-
1
Farnsworth Television A Radio
,
;
24%
16Apr
450
59%
—
T-
Curtlss-Wright
Feb
"Aug
33% Jan
Jan
400
■
—
Electric
■'
B% Jan
31
July
43
—
—10
.
General
114
18% Mar
36^
v
24»/a
Top A Santa Fe Ry com——100 ^
v
Bethlehem Steel Corp common.^
Continental
Jan
'55%
-
1 % July
200
40% Mar
?17%
18%
100
400
33%
28
d.
Mining——*^—.480
Feb
49%
17 y4
.
5
•.
Feb
40% Aug
1
Mill
May H
24%
>47%
■
-30% Mar
.1,000
,
••""•■■"it'• ' 11%"
••
—
Columbia Gas & Electric—f
Jan
65
16
'
10%
;
American Radiator A St Ban com
Jun
Jan
:
'■
■
Rolling
16%
250
Alleghany
American
4
-10%
7
■""—
25% May
12%
9%
31
*
33%
■■'•'.
Jun
May ii
May:
May
127
Apr
I
Feb
14
^
18%
44%
'
,—..2 "
,
Unlisted Stocks—
.14%
Feb
210
Aug! |
29%
•:
35% Aug
38% July
102%
7 /
,32
Feb
8% Mar
10
-
i
40
22%
May
87
May ^.
I:?i6%/Jan; p
Jan
Jun
108% Jan
>
100
32%
,
13 y4 ;Jan
50
40%
50
,
23% ,Jan
10 y4 Apr
>
3,050
w.*,w1/^88% 60
r--.■"■■:}.
10% Jan
51%
54
.
cap—"
50
14 ^
25%
250
113
it
May
103
19% Mar
1,000
-
1/
:
24
f-'
common—4* ;
Bankshares: common^.,...."
19
Mar
:
37
»«.
Inc
\-'i; M :i':
20 ya July
20 »/4 Jan
'7-
38%
^
Yatefr-Axnerican Machtae jcapitaL——.6
*AUg
51
51%
Carbon
Woodall lndust. common^.
tHigh
16%
-
(E J) capital—
footnotes
'15%
| 4
10
1
300
(
12
22 i
1
common.
Borg (George W) Corp.
Borg-Warner Corp common
For
9%
12
21
40
common
Rights wi
Bergboff Brewing Corp
Binks Mfg Co capital
Brach Jfc Sons
^9 X
;
'1
common—
common.
.Athey Products capital—4
Automatic
Low
Stores
200
150
43%
J
,v/»
common—.■>".....
Wisconsin
Bange Since January l
19%
*
Advanced Alum Castings
Armour
Shares
High
*..
common
common
Allied Laboratories
for Week
Range
Sale Price
Wieboldt
400
113
* x46%:
Westlnghouse Elec A Mfg—
Common
i.
—.—12%
Sales
32%
14Va '
28% '
,' 40%
-May
51;
41% Feb
35%
13%.
(The)
&
150
100
6%
common——6"
208 South La Salle Street Corp conu**
U 8 Steel
^00^
7
23 Va
■
19
Aug
7
306
437/a
25
-
45
11%
18%
8 ~
common
,
*
71% July
6% July
113%
25%(
,;10
44
'
3001,
-
T1
f-.
,r8.7, ■ Junvk
'..^57^i,Apr!
:
-14% Jan
*103
112
c
(
-88% Apr "
Feb
39% Feb
v
!
35% May':
"
^
26%
10%. 11%
55
55
17%
.
43
j
;15ya Apr
13-"'' .JW '
'
14%
•
common......,—/
Swift A Co capital
11% May 1
-41 '-'.May.
Jan1
44%
'
32%
Ll
standard Oil of Ind ckpltali..,
19
'^-*160--
'
77
"*18%
.<.* *
cap—
common.—
15% Mar a
:
13 '
26%
t.
Standard Forgings common.—..1
\f
23% July
11% Jan'
>11% Mar
400
44
30%
2
Standard Dredge
*•
30
..
..
£
|
.
76%
Ya
10
21%
—
Jan
6%
1
58%
—
Jan
30
'
200
20*
25- 'July!; Apr-12,000'■
20% Jan k-JIftMaykk"
" 15,030^ ;/v;' 5% Jan
12% Aug | j '
13%v'40^.i
1 *,
common..
7
i
May: ;
May
21% May
,58% May;
7% Jan;
600
-
49%
44
'
—
.
*—-
; 26'%
10%
43%
Inc
Mar
12%
-
~^400
.••-
24%
25
—•
•
Spiegel
"Janr;
14%
36
Jan
-«650
...
Cummins
72%
>
•
t-; Westlnghouse Electric Corp—.
36%
36%
*
47
f.
10
.50
Inc
i24%
t
..
—
*
82
—
—
13
^50
;
:■%
•26% July
27;
--600
-
-
87
.48%
..
South Bend Lathe Works cap——S
/'15 k
.15%
23
Smelting Ref & Min—
Waldorf
f
5
Inc
common
57
.
—
zSociety*Brand Clothes com.———t"
51
'
50-
40
120
12% '13 •
700*
29
31%
800
'31
33% " -'1,250'
,112
Shellmar Prod Corp common.——w—.*
9ignode Steel Strap Co common new.* *
Sinclair Oil Corp
• *
"
-
'39
Serr^ck Corp class B
—
23% July
«
Jun
25% May
44% Jan
28% Mar 1
21%
JunI!
107/a
600
,,..14
May
•
.—
80
Co.
Jan
May
100
.38
Sears Roebuck & Co capital
——5
Co
75
8
25
9
.11%
—
DrllL—
Union Twist
-
55%
Jun
24% Feb? i
17% Feb
33% •May#
;
Sl%
13
32
capital
Colo
Oats
Schwitzer
i
•
———
38
200
•
23%
Rath Packing common!—JlO
■
1,,
Torrington Co
class
RR
of
Serv
Quaker
•
Stone A .Webster -Inc.
--
8
V^
.^100
Switch
Elec
Pennsylvania
——
———,—50
25
*
Reece
Rutland
100
—
38>
23
.
20
common
Apr;i
25% Jan**
33
10
46%
..
(The) common new—25
Peabody Coal Co class B conu*«^~4*:k«
RR
Corp.
Reece Folding
.10
•
177/a .Apr/,;
16 V4 Jan
"
250
45
—
10«.
•
;
27
JulyJuly'''
Jan
Apr
Jun
20% 'Jan*1.'
100
*200;'
.14
—
common
Car
14%
30 y4
r
400
-
8%
'31%
.21%
;31% t
31f •
;
>„,*.
,eom.
Parker Pen Co
Pacific Mills common——
Pennsylvania
Standard
American
79% Feb r
42%
'
Nunn Bush Shoe common^—.2%
Oak
Mfg common....,
—
,..,,.,..1
Mining-
20%
66V4
24
.
Northern 111 Corp common i-—■ r;"
Northwest Bancorp
common.—;
Apr
25% Jan
1% Jan
& Elec Assn—
RR
Chemical
.Sl prior preferred.
Penn
Old
20%
22
37
.
12%
Consol ~Mtg: capital
North
preferred
Butte
..
.—
Montgomery Ward'A iCn' common;...;.* v;"
Rights—————————v:
14% Mar
.190
..^50
1.100
,
26%
.8%
Modine Mfg common..—4.
Jun
16%, Feb11
" •>„: -rv
23%
%
i 22
Miller A Hart Ino common vtc.—12% .:
4% Feb
60%/Apr
-57
35%
'22%
assu Tnc___
Jan
100
2%
'34%
-67%
c
Feb
1%
Jan
Jan
137 '
;'
Lindsay; Light
•
Marshall Field A Co common.—4-.V
Mickelberry'a Food iProd cont.
1 v
Middle West Corp rapttai
.
a. ,
5
■■
common
MapeS
430
9%
Co
51%,Feb
8
23
13
42% Apr
10 %
,
800
22%
te
68V4
.
■■■<
—
ti-;8%
22% Jan
135
12% 'Jan
■
'250
:
i
44% Feb
125
470'
-41% Apr
70% May
New England Tel & Tel-
North
•
5
common
common
^32% July
; 54% Jan
-20%
Service
Univ
259
57%
Nash-Kelvinator
New England Gas
Ext
61%
•46%
•
Works;
Rac g
Salle
Leath .&
•""
;
.i
_.
Libby McNeil A Libby common——7
;Lineoln: Printing Co common*^.—Jl
3%
58
49% July
-
Feb
;
Jan
4%
27% Apr
17
.1
Apr
1,263
1,130
:
450
,
Kellogg Switchboard
La
,t,,
25
4
Mergenthaler .Linotype
Narragansett
Jun
:
Co common—..
47
-
Feb
■,'.■ .-:.-50-
,4-
*
30% Jan
37
;
27
250
1..
—
.18% Aug
3
common
v
common
$6 pfd
130
46%
Jun
12V4 Aug
26-
,24
108
43 %' 44
•
6 % ,pfd———50
Associates
"Mathieson
.j*
18%
48s
;
12%
250
'
24%
com——yji
34%
,35%
*
class .A——,
Central RR
Maine
.
18%
———————*
Royale Copper—4-—-————15
X»amson Corp (Del)
fjuxi
115
Apr
Jan
68%
.8%
.
f
100
33%
Class .B
'Isle
120
145
103% IPeb
60
30%
64% July
9% July
22
*—10
—
Power
22% July
8V4 May
24%
26%
».
34
800
;]
i
Jan
1,100
10 ;
.
Feb
Aug
May
21%
200
-
1
—
8%
100
,28
25
common
16% Jun }
Apr
36%
;
f
:Febl ^
Jan
67%
21%
.y.
12 %
250
13
' x23
U
;
4% July
36Va
1
»
capitals—4
Steer Prod
Warrants
12
..,9%
,•
capital
Indianapolis')Power A Light
25
52
Apr
32% May
9%
—
Jan
Feb
Jan
500
11
i 66
■
Apr
Jan ?
Jan
104% May
Jan
10
-
133%.
42%
41
———
General; Electric •/.■—'—>..
Hathaway Bakeries
133
66%
36
48 y2
*
12%
47
13
-
Apr
Jan'!
"25%
20
36%
60%
Public
Gillette Safetv Razor
Jan
13
20
"v:
i;
41%
<80
24
12%
-46%
-46%
1
Indep Pneum-Tool (new)—
/
Feb
75
110% 110%
*
Inc common—
Lines
99
75
•'
95% May
Jun
•
45
-
i
i
A 27% May
Feb
•.'■■17'/'
90i
750 '
27
——*
(new)
common
Illinois Brick Co
Kata Drug
1st preferred
/"' 5%
-
26
»
Parfa
Hibb Spencer Bartlett
Hupp
<
•./
series A—C
106
preferred B_.
...—100
pfd adjustment—^.
—
—100
6%
6%
•
102% 102%
26
,
7
Feb'
31% Feb
900
5ya
100
65% May
32
-.'Jan*?.
7% Jan
50
14%
5
;
18%
20
■"
y
Jun
-
'
Jan '
267/a
850
,
9%
95
v
Mntnr
9%
.14
—10
common
Heileman Brewing Co G
Hain 'Werner
22
5J/a
1
mmmnn
W)
SO,
22
/
;
''rfm
200
24V4
so
100
:Harnischfeger Gorp <«dmii!mn----ii4JIO
|
Interstate
100
4,500
t...; ;;
•
prior preferred
Eastern Mass Street Ry—
35%
—
.
—1%
Great Lakes D & D common.;
•V
-
400
35
:?*. Jan
,
5Q
21%
Jun
Jun
14%
Feb
>
July /
28%
/
26 ' July V
"19% July
;/
*150
23%
J
12% Feb
■-
131/4
21%
35%
in
.
Illinois Central RR common
Calumet
35%
15 :•23%
5
10%
10%
Inc
so
-
—*
69
'1700
35%
5
new
v-
20%^
89
»
Corp
America
Goldblatt Rrfifi
Jan
Jan
20% May
.76
AP*
16% Aug
56
Jan
,
Jan
Watch
je%^"
211
;
Jan
Feb
k 17%
Aug; :
8%
r
Feb
15 y8 May
124 %
1
"in
'
;
i
(The)—
'U 4,500
19%
—
Finance
Gossard
:
h$:
Aug
July
16
Jun
Jan5
8% Feb 1
25
Jan
.
20
;
'k t;
113
Feb
,lt"
88
Rfi>,,
Corp common
General Motors Corp common.,
Gibson Refrigerator Co eommon
Gillette Safety Razor common
Apr
July
86%May
v
58
46% 17
J4
,67
...
^
(Peter) [Brewing common.
General
Feb
55
42
*
16
—
-
Jan
44
12
12
100
136
57
,
Boston Personal Prop Trust—
370
.2,026
Corp
Mills
Fox
25% May
52%
78
42
'
^
51%
Jan
43%
20% July
142%
51%
"
v
ed—,,->100
5 % class A 1st pfd stamped
100"
,10% Class D 1st pfd (stamped)—100
imped)—100
Boston & Providence RR—
—
25
141
_
i'iV1 1
»
.*.100
.a——100
preferred——
prior
.***'
'
i
310
20%
80
.
Corp
•
irp—.—•»..»
KR—.
47%
.20%
52%
,70% Jun
<
20
•
B
Four-Wheel Drive Autoi^,
}
30% Jan
Nat
Flour
Jun
185% Feb
,
630
Aug
,
Jan
184
-"": 150
26
—10
Paper
Electric Household Util
53% Feb
155
May
.200% Jun
19% Mar
151
10
45%
142%
-
.100
100
—
,
Traveler
Maine
1,684
„
—28
25
.
,
..
,
■;—
Elevated
.Boston
62%
.
—.
—.
RR—
Albany
Edison
•
»•
_*
.100
——100
Inc—.—.
45
198
199%
',60%- 63%
198%
^
"ii*
'
50
^....50'y
■Anaconda.: Copper-,
/Bird
i.i'
in.,,,
„
49%
151
52%
38% Mar
I
,89
—43%
Elgin
49%
t <c
v
Domestic Industries Inc class A
49
,151
shs
common;
High
48%
..
>_
lei———-—1UU
&
Woolen
American
-
part
Lighting Inc
Eddy
Bange Since January 1
47%
__
100
—.——.100
preferred
'American
Low
-
Jun
27% Jan k;
39
May;;
Feb
21
>
25%
12% -14%
|
Dodge Mfg Corp commoncnew
Sale*
for Week
Shares
;
,
May; <"
20%
3% Aug
350
?S >8*
i? 25%
.
•
com
,
Range
300
;
131/4
v
:10
,
of Price*
*107
260
4
21%
,
rsVa
Coleman, (The> Co,
Inc—^5
Commonwealth Edison
common—28
Consolidated Biscuit common
Curtis
i.
-
Chicago- Towel Co common capital^-*
;GitiesHerviCe
Inc—
Last
Jan
21
'
14% S
A -ptZZZZ*
Chicago & Southern Air
'Lines---,i—y»
Friday
25%
.3%
21
**.
Cherry
rSJSiSh^
Sale Price
20O
109% 110
•
v
'
Convertible preferred
Chicago Elec Mfg class
Boston Stock
,34'%""
51
•
/
T0% Jan
(subordinated)
debentures
20-yr
Apr
115
*.—1975
--i.
22
,
Mar
10% Jan
Jan
Apr
43% May
54
.Apr
45
:Mar.
Jan
-
42%
350
450
33
'
18
23%
39
.16
Jan
—-1970
4s..
A—
Vernon-Woodbury
4%
15%
"
Baltimore
Mt
42%
50
—
Bank————-—20
Bonil»-
'
—•"*
58
Jan
High
«o
17%
23
^
Cenfffl Sftfif, p? SeW 26 Vtd-- •
Central 111 Secur
Corp common—,1
May
Jun
16%
15
Low
471A
,
58
/Feb
40
39
15
—
Bange Since January 1
High
471/-
-
——10
55% May
Jan
.28
1
50
50
com
Qnur
A,
National
200
.165
,
Low
w
13% May
,40
50
preferred
Western
12%
46
Feb
4%
common—
Rnrtn^ni0^ ^"8 comraon-—17%
Sir Rro/LS0rP
l3%
.Butler Brothers'—
31% May
40
common-——10
Commercial
Fldeim
8
11%
' Sales
for Week
Shares
of Frices
:
4
High
'
Jan
25
255
20
—2
Mills
Casualty
Amsterdam
Seaboard
'Low
45 "
100
—
Vernon-Woodbury
-New
■
vtc
& Guar Fire Corp.———10
..Fidelity
8hares
27%
SalePrlea
-
Par
Bruce Co (E L)
Range Since January 1
High
27
*
v t c
common
27
•
—
—
Low
Friday
Week's
vV^Range
■'<
1
"
for Week
of Prices
Par
STOCKS
_
~
Sales
Bange
Sale Price ;
PM+kM
RANGE I OR WEEK ENDING AUGUST
7%
500
-18%
*
y
;
7
7
Apr
July
8% May
f'
-
'
:
■
-
855
THECOMMERCIAL ft FINANCIAL CHRONICLE
Number 4515
Volume 1(54
OTHER STOCK EXCHANGES
kM?RANGE FOR WEEK'ENDING AUGUST 9 K". f'c
Last.
(Glenn L) Co <iommon-^r^.,l
.
Pan
33%
33%
8%
8%
Car-
Motor
18%
I'
18%
18%
36
38
-
17 %
200
-
33 % July
Go
(The)
ol
Corp
rtaoio
—
—.——.
t-—
X.Vjvi;
lh(Li--2--L.15
Socohy - Vacuum Oil Co'
38
500
30
17%
18
2,100.
16
Studebaker Corp common—...—.——1
Sunray Oil Corp.———
—1
!
32
v
■
■
Ford Building
"
32
32
11%
5%
Apr
Detroit Slock
Jun
1,100
14
May
Allen Electric
—50
U S Rubber Co common-;
Wilson &
Co
•
:
common
(
18
18
18
6% May
Apr
20% July
4% July
66%
17
100
Apr
iwuvu
V?■
?:s
"■
y':;(
1
" "
..
Cincinnati Stock
STOCKS
*
f
'
■•
' "
.
'
„
^
*Bf
Industries
Aluminum
Products
' r.
>■
*
Carthage Mills
i—
^—*
Cincinnati Advertising Products—.—*
Cincinnati Gas & Elec pfd—_.
C. N. O. & T. P
Cincinnati Street
Gibson Art
Hatfield
Hobart
10
.
Insulation
preferred—
32
Kroger;
Lunkenheimer
31%
50l
Magnavox
17
J7
National Pumps
r
^
;
9
Jan
89
Mar
106
May
12
Feb
25
Jun
19%
•
57
U.
*
*
A
■
10-
Flaying Card
s.
29%
—
.
75%'60;
:
V
^—.4.449^'?'^'!'
—
^'Uidjated-w
'""vf-y
tT-'i,
14
If:'
Vi-
■•■
>
VS..
397/3
——*
-:
56% May
ISMj Aug
Feb
13%
13
13%
td toO
13
Jan H
16 Ya
67%
580
1
"7%
66%
IV*
7%
7.365
7y4
7%
1,850
6
425
io
rfn^r-f.c,-.
-
17
Jun
62
Park
10
Aug
■-
ll4
Jan
71
Apr
31
Oil
Jan
57
Jan
Superior Tool
53% Mar
55
14
Mar
*;■
Vi
3
40
40
i-"'
8%
'
Jan
3%
f
100
4
——1
_—
Tivoli1 Brewing
\
\
5%
4%
53% May
11%
17%
752
5%
5%
700
6%
6%
?
17%
5%
—
.
.
Wayne Screw Products aew com——4
-
4
1
common
.
—
May
12% Feb.
7%. July
32% Aug
7
Jan?
16
? Feb
fv 4% Jan
Jan
May
64
•
Feb
8%
Jan
10% July
10 / Mar
5% July ?:
Feb
13%
Jan
19%
jun
9%
Jan
640
6%i Aug
f 6% July
5
?
May
2,791
675
187
350
13
58;j
4% if
100
56 y« July,
?•■
11% Mar - ;
8
?
3,003
3
"3
-
5
18
18
:,
: ftVa Jan
21
21
18
3% Jan
;■
Apr?:
6%
;;
i is
Jan
?-?Y/'6?-^Jan; -»T
Jan
-48
•
724
8
?;
•
•-
;#@?:i!llO^
6%
6%
14% .14%
~':*r
i35/a Mar
.8
Jun"
4
536
58
Aircraft
400
11%
17%
-
14%
389 ;
"
6%
11
U S Radiator common—.—^—1
-
|
dm-
8
Shirt Distributors
4%
4%
h
,
6y4 May
100
"8%
Jan
45% May
,;:vy4
Apr
30
650
4%
14%
United
208
14%
Feb
Aug
9% Feb
8% July
■:;5% Jan
1,000
5Y8 ?:
14 Ye
***••"?
41
•
28
14
3 Vis July
4
1,364
7
32%
6%
1
41% Jun
14
Jan
80
Jan
Warner
9
6%
32%
2J/»
.
540
v;h:
?Y4
8%
7
1
w
3,550
3%
?
?v
,
Jan
6% jan
6%Apr
3 J/« Aug
?'
600
-2%
3%
*
common.
3%
2%
;
?■;;
—
100
3'/a
2%
,
35
100
67/e
1 .'•/j
Jan
20% Jun
.
100
9%
6%
:
Feb
-■
17%
July
Aug
7
July
2% Apr
420
?,
9%
J*.**'-■
1
_1
?
;
Jan
:
15 Y4
.
July *
14 ?
.
; i
Feb
8% Jun
20
10Q
,17.5
,.
Jan
80
" ..«
12% Aug
17% Mar
140
7%
.3
•
■;•• ;V,
26% Mar
9% Jan
64%. July
41% Feb
22
14
3
27% Jan
33
531
-B6.
298
C
7%
Sheller Mfg new common..,—..—X:
Standard Tube class B common
1
Jun
32
489
41
20%
1
common
Chemical Co
125
22
14
1
—
Apr
50
4
9% Mar i
fe Jan?
23% July
20% May
62% Jan
Mar :?i
j;4?.:July
3
July
900
8
17
Jun
8% Jan
Jan
•6% May
,
?d
>
:
Apr
.
>'
■
1
.
Coach
&
Week's
■
{
t
Range
Shares
,
§0%
;
75
^
^> .■v."'
City Ice & Fuel—————
„* •
Clark Controller
i—.y----■
Cleveland Cliffs Iron pfd.——*——*
102
Clove craphite Bronae (UN)———4.1?
-iw
»36% g36%
23(4 23% ?
107
* "•
•
Cliffs'Corp.1———5^,
102? 102%
a65%a67 29
29%
29
200% Jun
28% Jan
'19"
141
?r65.
«693
32
*
57% Jan
•i86%?:Jan
,
40
34%
July
General Tire & Rubber
Glidden
Co
—
(Un).—*
com
comnpn^^-8
—
150'
Great Lakes Towing common..
Greif
Bros CJooperage
Halle
'
(
54%
—50
.
*
'
^
15%'
42 ■
'42%
*48% a48%
13% 14
*15%
r
lamin.
KelJey Island Lime is Trans
—
,
—
k
58% Jan
1
Jan
Feb
39
Jan
59% July
53%
■
"
225
86.
409
'
54
1.3% Jan
41
Jan
40
Mar 7
13
Aug
50
Aireon
:
■
;
20% Feb
J
Jun
45%
ill .
Feb
Machine
McKay
McKee
12
12%
10
—
22%
(A G) class B—
*
—
62
62
-
*
-
,
f
■.
j/jS'"ii*-" ^"-r y'.:
:
•
r?-' •V^': '*!*
17%
California
■..' '.y
■
,
;.
■
V'
-
■ ' ,,■;. .;v.
■.;—
(Un)—.50.;
Radio Corp of Amer (U»)——
•
.??
Republic Steel (Un)
•
Pennsylvania RR
37%
25
67/a
6%
200
32
36%
32%
25
%
a37
58%
Bros
13
t
35%
July
..
July
47%
19
,
a38 Vs
123
29%
59%
411
51% Feb
63
592
20% Mar
f
^
,
,
Thompson Products Inc
^
9
Steel
Vlchek
Warren
common.]
23%
*
__
•
(Un)
Tool
Fp&Jootnetes see
*
page 861.
a89
„
-
,
*4
—
-'«
a90%
49
20
140
,
f
Feb
,
:
Backing Gorp common--—*
web
10
4% Mat ?
61% Mar ;;v
1,702
62
2,077
60
,
Jun
1.7ft Aug
6
Jan
9% Apr
7% Jun
5% Mar
70% Maf
.48
Jan
35
41
Jan
84^^
?;
:?
-
a41% ft42%
-
45
28
July
33
28
125
1,845
investment
Com
Colorado Fuel & Irph, common....—.*
5 % preferred^"
—-20
-15.: July
20
Aug
20
•
26
^Creameries of America,;. Inc-—
40
255
25
...
20
40
■
.
Consolidated Steel Corp.
85
298
-
2ft
800
v
Douglas Aircraft Co————*
M;l Dresser Industries
'i
50c
—
Electrical products Corp
I
ExeteP OitUo, Ltd class &
__
a27%
"■
.4
15'
2.10
1
•
a89%a89Ys
a25% a27%
15 15%
1.95
2,10
F
90
Majf
64
'
24
Mar
620
14
5,270
370
370
370
—12% 12%
?-w??; 13%: 14%
Television & Radio.,
.V
Fltssimmons Stores class A —— 1'
General Motors Corp common—...10
63% Jun
;
,
?
?; General
'
•
Paint
Ooodyear Tire
Hancock Oil
a66%
Corp common.^—.—*
& Rubber Co com—*
Co A common——.—*
20
460
?
Famsworth
_.
—
,
a66% a67%
26
562
100
26
a66% a66 %
90
420
.90
t
52
619
136y4 Apr
23% Jan
.
24
60c
355
ai
?
20%» Feb
( 2.70 Jun
385
Jan
19% Jan
Apr
12% Aug,
8
Jan
98% Apr
? 83% Jan
Jun
May.
Feb
45% Feb
Apr
84%t Jan
22% Feb
75
•
Jan
May
35
Aug
9% Feb
22% July
6% Jan
115% July
40
a6%"a6%,
all7%a!20%
al5% al5%
Chrysler Cqrp —............—.5
Jun
OT%
1U
5%
25
c
18% May
5% Jan
300
9%
5% ?
Jun
69%
16%
-boa.
m'
28
July
Jan
4 ->4%
300
9V*
41
Apr
6Qc May
3% July
6% Feb
8,100
mmmm-
Cessna Aircraft Company..——i
40% Feb
Jan
Mar
a80%»80%
•
6% Jan
3% May
35
360
a
17% Jan
11 Vs Jun
50
550
4%:
36%
1.75
1 -
i,
Jan
79%
14
16%
.
Refining k Chemical——...2
Youngstown Sheet & Tube common—•
28 %
28%
a58% a58%
•
■■
4y»
36%
1.40
;■
rmTm
V,
1.65
K"i<:
Farmers & Merchants Nat'l Bank—100
Standard Oil of Ohio' common.—.—10
'
25
Jan
30
Jan
'
—100
.Apr
41% May
8% Apr
35% Aug
88
36%
4%
•
»'!■;
%
High
Low
High
Certain-teed Products Corp-——1
72
Apr
63%Jun
Jan
4% July
22
787
al3% al3%
s?
...
Richman
?
Feb
J«v^
f
'
■l.-J. :-V
'
40
Apr
56
a22% a22%
——
'
22
50
1,026
a37%
?C;
(Un)—.■
Y Central RR
100
»
17% FCb
July
i'"
Acme ..........1
National Tile <te Mig———.—,—*
N
2?%
62
53
12
—...—i
Broadway Dept Stores Jus common—*,
Jan
-
1,455
VM
Rasuu BlaeeJaniiary
Shares
53% Feb :
7-
National
i
T
53
Medusa Portland peoaent-..
r.' r-
12%
t-«troi»juiu
fee Week
»ix%: #Jl% all^
Mfg Corp__.^Tr,,TT«_.,,„.50c
oauaiui
Barker Bros Corp common___.v„___*
Barnhart-Morrow Consolidated
1
Berfcey & Gay Furniture Co—
1
Blue Diamond Corp—
—J8
Bolsa Chica Oil Corp—...——1
Central
& Sessions
Lamson
tow
F«r
55 ya May
Apr
43% May
330
;'■,? Range
Priee ; ef prices
Jun
galea
Week's
Ltd
Apr
32% May
53
Slock Exchange
Friday
77i
v
30%
i
stocks
60
Jun
56 y* Jun
25
"■-■■■•"■'
""
Jan
22 y8
•
■nun—*
—4
Jones dt Laughlln—-..-»-,
Feb
80%
21
'43
;
Los Angeles
15% May
52
37% Feb
36% Jan
75
99
231
a48% a49%
Industrial Rayon (Un)
Interlake Iron (UN) r—^
Interlake Steamship
—
A-.;—
Pfd—
Bros
a50% a52
a66% |t66%
28% ,28JA
35
35
58
58 **
54% 54%
,
Jan
64% July
15
y
TRinity 4121
—
May
Jan
45
West 7th Street — tOS ANGELES 14
210
23% Jan
65
a52% a52%
Goodyear Tire & Rubber common-^—*
—,
Gray Drug Stores-—————
f
0%
47.
180
—.
SAN FRANCISCO
Feb
6ft
42% Jan
45
—
Jan
104y4 July
77
May
Feb
98
'
a52% a52%
15
SCHWABACHER & CO.,
44% May
23 y4 Aug
Erie.-Railroad (Un)
—:
Gabriel Co (Un)
—1
—
al4% al4%
General Electrlc (Un)———t——*
; A46 ■.,■8,46%
General Motors —10 '
a66% a67%
Consolidated Natural Gas (Un)
Direct Private Wires to
ALLEN & CO., NEW YORK
,".
,
;
Feb
Unlisted
Listed
Jun
25% May
BROKERAGE
FACILITIES
Jan
9%
185 %
107
Ar>i:tiT
'
■
41%
6% July
18% Mar
AND
Member Los Angeles Stock exchange
ftuth
31% Aug
75
;524
al98%al98%
—
Range Since January 1
Low
20%
'':
''$&•'
FAIRMAN & CO.
for Week.
—a31% a32%
1
7
7
Body
American Tel & Tel-I—————100
COMPLETE INVESTMENT
Sales.
;
MlFfiees
Laet
t<..«
£I
American
Friday
PflgfrlM
;F«f.:
* >-
;
11
Address-Multigraph (UN)i—
—10
Akren Brass Manufacturing——^.BOcv
;
;
Jan
5
12%
.
83%
y6 Mar
6% Feb
....
;
64% July
20
--River Raisin Papey——,..4 W,
Bcotten-Diilon
' ——10
May
52% May
Jan
10
Cleveland Stock Exchange
■
2Y4 Mar'
?
12%
.
peninsular Metal. Proauotg——a
Pfeiffer Brewing',: v--,-—
0y'J
Prudential Investment
'
Rickei JH; W)Co..2
,
33__
|
;<- * *' .vs
"".'jjFiO'XfK'S
■
900
;
,
*4$.
.
■
4% Mar -??,
1,000
3
7% .:
;
*
...
Packard Motor Car
11% May
f
32% Mar
60
■
46%
45%
46%
■
Parker Rust^Proof.
34% Jan
Jan
8y4 Aug
May
29
May
65% May
61% Feb
57 v
277
35 V* 36%
11
11%
66
-67%
11%
" 67% i:
—*
——
38%
36
——
,
41%
Products
Screw
Masco
May
33 Ya July
100
Udylite common
Union? Investment? i—.—
—28
American Rolling Mill
-Standard;.Brands
.
55
•
9
10
-
52% |2%
Mar
43%
Michigan? Sugar? common^—4^^—^.*
National Stamping
<■.•'•
Cities Service —
Columbia Gas ———
General Motors -...
?
1?%
'
17
Jan
.23.
681
43 y4
*
———1
McClanahan
Mar
75
Jan
28%
.,03*7
50
54
Preferred
-
9
33%
43%
A_.
—
Drug
?
16% May
43% Aug
Kresge". (S-.fi)
.^^10,
Lakey Foundry 6s Machine^*....--;.—1
Jan
70
53 y4 July
11
Mar
150
29 y4
49
.
;
—
Kingston Products
Kinsel
Feb
7 ■'■? Feb •'■?
12%; Jan ?:v
Casting
Houdaille-Hershey
Corp
May
37
Jan
44%
,
class
-? ??;;?-'
-
140
10
Kaiser-Frazer
29 V8 May
f *
65% Jan
J159;.
,
20'
Feb
24% Mar
80
^
32 '?■
17
9V4
4 % Aug
July
Y??.28Y'uAPr-;H:?'
yy
5%
LaSalleWines ———-2
10
U 1 '*■ 9% ^% ' V 213
Procter: ■&*;;* 65%' w 63% 66%
"47T "
Preferred'
Randall
.Rapid
.
14
13
*
"
:55% : |6%
-4—-i——U>
May
Jan
25
55
13%
■
95
110
80
68
* fyw
,
Feb
Aug
10
68
Jan
—
?
?
Feb
14%:
Hall::Lam:p'?----w(----#»p.*--—5
Hoskins Mfg
i
—2%
Aug
Mar
5
55
13%
28
115
15
109
20
26%
68**
25
1,460
..,100
y-yV-^
Aug
Jun
774
117
-
55
——.*
80
45
20
63'A' 63%
...—100
Apr
22
.20
Kahn
1% Jan
25
32 '
♦
■
50
.
28
25%
_
'
class A
:
20
,
310
:
'
Feb;
: Jan ■??
5%
2%
■;
Die
210
6%
Mar
17%
104% 105
•
'
...
,
Part,
,105
class
r
Goebel Brewing
Graham-Paige
jan
6
16%
———^
Eagle-Picher
24%
46y«
HOVz
104% 104%
16%
.50
—
19% Aug
Motors
Michigan
Gerity
40% Mar
5
109
104%
ou
General
,
-y,,|
—1
Finance
High
'■
'"
80
28
5
—20
—
Telephone
(Dan)
Formica
28
110%
■
10
80
...
ion
Cincinnati
Cohen
Al3fa 42%
4%
4%
4%
RangeSine* January 1
f
-1?? 88..—
.*
19%
19%
—
42%>
General
■
Manufacturing
-
14%
2%
Gar Wood -Inc.——u.'—Jl
LOW
tow High
•
—*
—
Shares
—1
15
200-
•
27%
41/* ' 4%
12%. 12%
32
4% Jan
/
7%
July-5 ?:■ 19
5
2% July
16%
13% July ?'?;
63/4 July
9%
372
■
14%
6%
mm
Gemmer
3
26%
■Friars iAle^^'—■•,
Sales
for Week t
ef Prices
v
1
;Am«nw*n??l4iuuar*t'^
American
1
Last
SalePrlee
■
6%
'
;;
1,590
15%
14%'"
Navigation.
v:>-
5
3
common—..
Frankenmuth Brewing
Exchage
Week's
Range :
Friday
«;
Edison
■vS'
Gray Iron mmmmmm 'mmrnm mmrnmmm
Detroit-Michigan Stove
Detroit Steel Corp..—^
' >:T—""'J-1
1
Cieve
ai
&
-I
Range Since January X
toio YYJ;.;- ,.:
h-m:-
Shard.
High
4%
—
15%
Detroit
.T-?
t
tow
1
Rubber
Detroit
vW"';:'*rr^ '■ '■"
^
Brown, McLaren
Davidson Bros i-—ii--—
86%
Jan
—
■■;
for Week
vaf Prices
Par
Sales
■•
Range
Sale Price
t»tnuwrn
5%
Corp* —Ui—1—,
Week's
Last
38% July
Apr
9
Exchange
Friday
78% May
22% May
Feb
July
27% Feb
1,500
:?Sv;'5':?
Jan
:
18%
18
.100
10%
DETROIT
Telephone: Randolph 5530
40% July
Apr
62%
10O
18%
18%
19
Jan<
>
?
STOCKS
-
2
i United
Chicago Stock Exchango
Apr
.Aug
Feb
28
■20 v-.; July h
W? —'
Standard Steel Spring—1
>
Now York Curb Aacociete
Exchango
28% May
& July
600
«■».
Oil of N'J——£5
Standard
38
li
Feb
13
700
21%
*
common.
20
300
13%
Republic Steel Corp common.....
Standard Brands
July
•;
37% July
27%
k
21%
Radio-Keith-Orpheum
32
67
20%
36%
13%
common.
New York Stock Exchango
Detridt Stock
16% May
30% July
%
X27
13%
common——
America
Jan
Apr
,
59% Feb
fepai'Cola Co——o--33 %
Pure Oil
35
' 37
*
•
Pullman Incorporated
25 % Jan
8% July
700
Watling, Lerchen & Co.
Jan
44
?
July
32 % July
100
:
|
22 %
1,500
9
,
19 Ye July
600
.
33%
38
Amer Airways Corp——i.2 %
Paramount Pictures Inc new---—
450
21%
i 23- ;'■? 23%
23%
High
38W* Feb
'^i
20%
Corp
—^
8
York Central RR capital—
North American .Co.———————.10
i
Y.
Low
liglHl
'
'*-*«
New
Packard
High
Low
Range Sine* January 1
Shares
of Prices
Par
Martin
for Week
V Range
Sale Price
Nash-Kelvlna tor
Sales
Week's
Friday
STOCKS
?
15%
Jun
64% July
79% Feb
21%
30
May
76
Apr
100
Jun
Jan
61% Feb
R3
Mar
,,
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 12,1946
,
OTHER STOCK EXCHANGES
RANGE
Sales
Week's
Friday
STOCKS
Last
WEEK ENDING AUGUST
9
•
for Week
Range
: v
Philadelphia Stock Exchange
Range Since January 1
Shares
of Prices
Sale Price
FOR
■
(
■i Holly
Hunt Foods
Lockheed Aircraft Corp
Los
Mascot Oil Company
Manufacturing Co
Company
Petroleum
Merchants
Monogram Pictures Corp
Corporation, Ltd
1.35
Warrants
.—.
-
45c
3,040
—
621
50
42% Feb.
39
Apr
25
35%
Jun
36 y2
62%
Apr
68
59
Feb
14 Ya
Jan
270
63%
67
63%
280
15%:
100
28 y4
28%
125
10
9%
10%
2,575
95c
95c
—
..
Company———1
14%
3%
200
3% Aug
125
Apr
25% Feb
7%.
7%
65
a29% a29%
44%
61
61
37%
37%
16c
Apr
Jun
14c
15C
15,bin>
8c
Jun
1.45
14,165
19c
Mar
18%
a22% a23%
501
841
38%
37%
—
75
328
41%
648
1,492
10%
11%
18%
18%
7%
28%
29
•
31%
31%
common
preferred
Corp
••
100
■
■
Salt
Dome
Scott
Oil
Paper
OU
42%
;(,W
Mng Co———10
Mng Co
10c
Calumet Gold Mines Company
10c
Cardinal Gold Mng Co ——————I
Cons ' Chollar G & S -Co.—1
Imperial Development Co—25o
Zenda Gold Mining Co——.-—-—-25c
10c
Feb
'
8%
$3
9c
May
8c
2.00
—
-
10c
1,000
2.00
100
75
26%
\
32% :'327/8
1:
8%
4%C
5%C
23,000
IlC
5Vic
12c
6,000
10c
nnmronn
H »
!
:
4%
67
2
5%
American
Anaconda
!
.1
.
'
2.80
j
80
4
May
24c
49%
47%
25%
23% Jan.
32
32
32
5%
Week's
Friday
Boeing Airplane
for Week
Shares
Par
Low
Fort
105
a30
:
;
'^nm *
*
Graham-Paige Motors Corp
1
Great Northern Ry Co preferred—.—*
Interlake
Iron
Oorp._H——*
International Nickel Co of Canada—*
International Tdl & Tel Corp
•
Kennecott Copper Corp
•
Libby. McNeill & Llbby—
——7
Loews.
f'
Jan
33% Mar
Jan !
73% Mar
52%
54
10%
55
20
7Va Apr
20% Jun
46 y8
51%
July
60
;
59% Apr
13%
300
15%
Jan
60
Brands,
Standard
Oil
Inc
—*
•
25
25
J)
Standard OU Co
Studebaker Corp
Swift
&
Texas
;
(Ind)
Co
11%
Jan
15%
125
33% Jan
Co
Sulphur Company
Tide Water Assoc Oil
Union Carbide & Carbon Corp
United
Air Lines
United
Aircraft
United
Corporation
U
S
Steel
Inc
Corporation
(Del.)
Corp.
Warner Bros Pictures Inc
Western
Union Tel Co
A_
25
*
10
•
10
—5
*
•
5
——*
12%
1
Westinghouse Elec & Mfg Co
Willys-Overland Motors, Inc
<"
a28
For footnotes'see page
861.
35%
25c
20%
20e
July
6,500
310
:•/
27
Aug
600
Jan
28% May
46
JattN,
5% Jan
43%
44
550
40
35%
38%
164
32% Mar
41% Jun ;
32%
■
333/4
155
30% July
39% Jaiv
May :
v
1871
4th St., St. Louis 2f Missouri
Phone
CflSntral 7600
Bell Teletype SL 691
St. Louis Stock
STOCKS
28%
47
:
Feb
800
15% Mar
18
57
95
Coca-Cola
-
15
30%
31
Johansen
July
38
July
Laclede Gas
41
July
Laclede
53
;
£
v
65% May
Mar
60%
50% Mar
Feb
com
"A
V'
McQuay-Norrls
'•
common
'24
Aug
Mo
Apr
St Louis Pub Serv A common
51 y4
Jan
Stix, Baer & Fuller common
36%
Jan
Wagner Electric common—
7Va
24
Feb
40
Jan
30% July
35%
17
24
Apr
60
41
41
25
45%
55
41
Aug
43% Jan
8%
10%
65
:/ 5
10%
1P%
20
10
51
51
105
20
173/4
18
194
18
,
•
,,
83/4
7%
23%
32%
32%
Mar
6 3%
30
,
50
23
Jan
Aug
...
Feb
Feb
31%
52%
-
Jan j
Apr
Feb
15
270
23
7%
—
July
Jan
33
10%
Jun
Jan
Jan
9% July
Jan
15
51
Aug
Jun
27
9%
28
.
Jan
Mar
.,W'
10 £
25% Mar
60
35% Jun
30 3%
Jun
35
Jun
Feb
.
July
430
4%
Jan
170
80%
Feb
31%
34
32
18
v
"
July
;
Apr
51%
Feb
General
39 V'e
Jan
General
!
26%
Jan
Cement com
25
1 £
10
IB
263/4
263/4
31
31
31
51
50
51
.
46
46
24%
200
225
32
Mar
19
59% May
"1 42% Mar
55
Jan
49% May
»
Unlisted-
"54%
Jan
July
July
Portland
50
Jan
Jan
96%
29
75
sy4
v
5
20
common
High
\
Jan
45%
4
Light common
37% July
;
^
Steel
Low
8%
45%
•-
*,t£
119%
19 V8
100%
50 v-
Jun
*
common
Feb
385
425
.
Co
v
22% Mar
kmm
common.—.—.——!
Shoe
Apr
180
100
19%
Apr-
a28% a28%
18
19%
Feb
a88% a90y2
18
common—u—.—-5
65%
119
-100
100
29%
a65% a66%
a33 a33%
30%
76% May
37%
47%- 47% ? 1
30%
Knapp Monarch common
Laclede-Christy Clay Prod
25
a34% a34%
1
Key
85
5
50
52% May
258
43
33%
49% May
a38
a28%
5%
a89%
£1 57
,
33%
Jan
a32 a32%
a42% a43%
July
1
common
;■
23% Aug
15
50
Huttig S & D common—————.5
Hydraulic Pressed Brick pfd
100
International Shoe common———*
July
18% Jun
V
9%
Feb
a76% a77%
;
-
Range Blnee January 1
High
23%
Bottling common...
Brewing
Low
Par
9V4
47%
50
125
124
Maf
'b
23%
38
a47
v
Industries
Clinton
40
!
,
Shares
———1
—10
Burkart Mfg com new
Century Electric Co
18% Jan
Jan
for Week
of Prices
'
46% May
13% July
31
Sales
Range
Sale Price
Columbia.
235
Exchange
Week's
Friday
Last
36% July
Feb
245
a47
c
25c
20
Feb
2% Feb
May
Members
29% July
12% Feb
14
a43Va
a33
25C
20%
14%
1% May
22
St. Louis Stock Exchange
36% May
a46 Vz a46%
-
290
33%
300 North
40
59
a58% a58%
>
200
¥
Jan
20%
50
25
a53% a54%
a54%
24
23% V 23%
all2% alll%all2%
a34%
16%
19% Feb
8% July t
35
July
36% Aug£
37% Feb
£ 984
17%
a667/s
2
27
Aug
48% Jan
Edward D. Jones & Co.
Jan
31% Mar
'67
37%
13%
—
50
.
2
26
Jun
13
38% July
9% July
120
July
17% May
13%
St. Louis Listed and Unlisted Securities
Apr
99% May
6% July
a36% a37%
—
250
22
Jan
Jan
6% Jan
9
May
Feb
71% July
5% July
12% July
■■
209
•
31%
22% July
v
a38
1
25
—
Company
Texas Gulf
.
a27% a27%
—
m
13
'mm'-
1
Westinghouse Air Brake
Westinghouse Electric Corp corn-
1,906
1,020
41% 41%
//10-/S 10
;
liii 1
Vanadium Alloys- Steel—u.
40%
903
77 y*
a40% a40y8
a467/a
a77%
y8
25
17%
Apr
a60% a60%
£
41
193/4
12
Apr
80
36%
—
15%
10%
Jan
Feb
50%
725
,
Southern Railway Company
Standard
41%
191
a37% a37% ;
America—13%
—•
—
15
—
Republic Steel Corp
Socony-Vacuum Oil Co
Jan
57%
a33% a33%
a27%
34% May
Chicago Stock Exch.
Chicago Board of Trade
New York Curb Exchange Associate
36'/2 Mar
a27%
-a
|
60% May
20 Ya Jan
21% Aug
14%
36%
9% Aug
22% Mar
New York Stock Exchange
25
87/e
:\
7% Mar
25
11%
13
r
Glass commont..^
States
Feb
153
14%
.
-
53% May
Jan
21%
595
Paramount Pictures new common——!
Pennsylvania Railroad Co————50
Phelps Dodge Corp—. 25
Pullman Incorporated
*
Pure Oil Co—*
4
5
Toy Mining
United
15%
535
•
Feb
29%
Established
July
Feb
23%
'
20%
46
163/4
;
v.'v: j.-
.—10
May
10
22%
•
Feb
13%
207
11
17%
m
Corp
Apr
29
50%
45 y8
RR—23
North American Aviation Inc___
1
14%
North American Co——
_—10
a33%
'.-*4
July
34
9%
19%
,
—10
—..1
Feb
26
35
134
4,201
Radio Corp of
12%
19% Feb
21
Feb
567
6%
OU Co.——;.—
Packard Motor Car Co—.
Bolt
33% Feb
54
T96
a34% a34%
Central
&
10
•
9
77%
,
29
25% Mar
29%
—io
Gas
Co
5% May
Jan
57%
—
24% Mar
17
:
32%
al2% al2%
.; ■■
Jan
92
230
28%
30%
23% Jan
6%
Ohio
Jan
15% July
6%
York
Feb
2%
420
a36% a36%
—
14
Jun
21%
£
9% Jan
'
Jan
24% July
10
15%
—-
524
ll3/4
14%
9%
*
Manufacturing
31% May
35% Apr
50
alO alOV/4
.■
—»'
Rights
Jan
Mar
31%
133
1,600
a25
a57% a57%
Montgomery Ward 8c Co,
New
41
13%
26% Feb
25
'
*—
13
78% May
a52% a54%
alO
————————w*.
Inc-————*
Inc.
San
Feb
20
46%
--
a53%
.
Apr
112%
17% July
a25
General Electric Oo—-i;,';„inN■'
General Poods Corp
Feb
30
30%
1
Apr
Feb
240
a22% a22%
Light Corp——*
Electric Power &
■
Jan
Ruud
17%
17%
—
.Feb
July
31
11 Ya
260
28%
Fuel Supply
Flreproofing Corp
Screw
Renner
98,
30%
——
CO—-——5
Pitts
Feb
a72% a72%
—
High
Low
22%. Jan
70
26%
£13:f'€
11
—5
^
Pittsburgh Plate Glass—
54% May
22% Feb
Electric
&
Electric Bond & Share
■<
14%
50%
10
Solvents
Commercial
.:
Co
Gas
Feb
9% Jan
33
13
13
•££ ::■,£;ni,
National Radiator Co———~
24
•
a52y8 a52y8
a35Va a36%
——,.—10
u35%
all% a 11%
Corp—-—-*
all%
627V*
a28
Corp———* •
—
a34% a35%
25
a35%
Commonwealth Edison Co
4%
5
Commonwealth & Southern Corp
•
4"%
Cons Vultee Aircraft Corp
——1
a24Va : a24%a24%
16
16%
Continental Motors Corp
_——1 ,
—
a43% a43%
Continental Oil Co (Del) —————5
a43%
a7%; a7%
Curtiss-Wright Corp
—
1
£ —
23%
24
Class A
1
24
Service
Feb
38%
100
a28% a28%
a51% a52y8
National
Jun
25
;
Mountain
49
75
a30
Star
Feb
; 30% Mar
22%: Jan
10
&46% a46%
Co—————• 7 6,72%
Caterpillar Tractor
Cities
.
'■
[III*
Electric.
&
«.*
Brewing-
Aug
18% May
119% Jun
50
Jun
Jan
34%
180
a29% a29%
Company-—-—5
Borg-Warner Corp ..——5.
Canadian Pacific Railway Co-,,,.-28
Columbia
Pitt
61
Jan
'
$
■
Range UlneeJansary 1
High
25%
—
Candy
Devonian Gil
23
Jan
12%
alll%all3%
Company-18
Borden
43%
310
alll%all4%
Steel Corp—————— *
■/ Bethlehem
327
92
56% July
30% Apr
47% Mar
Aug
Sales
Range
of Prices
*
Co
Gas
198
Feb
15%
250
5% May
7% Jan
Jan
24%
Aug
4% Feb
Jan
46%
10
67
Jan
48%
24%
"
Brewing
Follansbee. Steel-
Jan
15%
9%
July
78% Jun
Jan
Jan
49%
;
.
20
»
Duquesne
Apr
May
46%
a45% a46%
i
■
L)
(D
Columbia
Jan
.
109
Jun
60
3% Jan
4%
•
"
^
x,
Clark
Mar,
416
—
-0
—.
Atch T & S P Ry Co—.—,--—100 all4%,
Atlantic Refining Co (The)
—25
' —
Aviation Corporation
"v, •i..;..'".;,,.., f"...,3. 'c.—
Baldwin Locomotive Works vto—13
a29%
Barnsdall Oil Co
———————5 •
Bendix Aviation Corp——-—--—5
—
(HI)—
Armour & Co
186%
82
1
'
4%
4%
Last
20c
17% Jan
277,
;
64% Feb,
Sale Price
21c
198a 198%
a
33
32% Jun
12%
7% Mar
52% Jan
.13%
preferred
Lone
al8% al9%
al8%
al98%
Corp———*
Tel 8c Tel Co————100
Copper Mining Co———.50
33% Feb
Feb
153
59
66%
1%
os
-
......
Harbison Walker Refractories.—.
8s Stan San
46% Jan
July
Pittsburgh Stock Exchange
Unlisted Stocks—
Amer Rad
100
8%
•73%: 73%
STOCKS
May
2.00 Aug.
4c
117% July »
31
July
24
participating—,
Corp common
—.23
:
Aug
1,000
9c
43
40
-
Westmoreland Coal
12% Feb
18c
Feb
Apr
10c
33% July
121% May;;
25% July
24%
27% Apr
33% Jan
9c
167
24%
55%
May
Jan
20% July
10c
307/a May
Jun
14
1,000
10c
Feb
240
Invest
Blaw-Knox
Black Mammoth Cons
27%
59 Ya Aug
Mining StocksAlaska Juneau Gold
49% July
.
Jun
69%
Feb
21
30
47% Feb
Feb
32%
r
a7%
27% Jan
40%
32%
—
United Corn
u
a7
Jan
9y« Jan
b
6,659
118% 119
common..
28% May
74
12% Jan
y
Corp———.:
21% May
530
a22% a23%
■'
135
17
7% July %
7% Aug
21% Jun
35% Aug
4,241
V
17% Jan
10% July
£
Kn
-
■
22%
55% Jun
Jan
80 Va
July
.
Jan
.26% Apr-;
Jan
23% Feb
_
•
•
Jan
.
16% Feb
2,526
26%
2,433
2,474
1,432
common—.*
preference
13
20
7%
V
49% Mar
65
July
816
10%
37%
35
25%
25%
25
a23%
42%
1,230
1,837
a51% a517/s
10%
31%
42
55 Y\ Mar v
80
59%
13%
12
7%
26y8
Jan
Feb
32%
40% Mar
a62
57%
13%
j
( United Gas Improvement.
39% July
Feb
1,476
10%
Light
Preferred
26y8 July
29% Mar
41%
41%
&60%
18 Va
a51%
;
296
41%
41%
a62.
59 %
h Union Oil of California———aa
Universal Cons Oil Co———
10
4 Western Air Lines Inc——————1
573
30%
41%
'
32
30%
67%
48 y8
Class A
1.80 July
Jan
30% Mar
31%
;
5V2%
65%
18%
7 ■:;y
Manufacturing
227/a
414
48
Transit
20%
17% Feb
'21'
Feb
33% Feb
15% July
2,241
,
51%
Tacony-Palmyra Bridge-
Apr
39%
742
17
51
35%
Sun
Feb
Jan
1.20
18%
32
6%
49%
65
31%
100
T-
34% May
Jan
Jan
140% Jan
•
V-Reo\.Motors:'•
•
Feb
36 y8
.100...
.
■
Jan
.53%
403.
44%
4%
115% July
23%. 24%
*
—
\ Reading Ca iiommnn
May
10
7%
141
-
'
20 Ya May
Feb
346
26% Jun
119%
117
21%
4.4%
1.20 May,
52 y2c Mar
18%
,
•
1
Ltd com—25
preferred class B_———25
preferred class C
25
So Calif Gas Co 6% preferred—
25
e%. preferred A———-——.——25
Southern Pacific Company———*
Standard Oil Co of Calif
•
Sunray Oil Corp
"£ 1
Transamerlca
Corporation———2
Transcon & Western Air Inc—
5
Feb
.51.
200
1,650
■
16% July
•
Phllco
11% May
55
28 % July
275
50
$1
Aug
Jan
175
18%
50
-•
-
Philadelphia Electric Co
28% Aug
8%
-
29%
17%
50
Jun
15 %
,
200% Jun
38% Feb
29%
;
10
&
Power
29%
Pennsylvania RR
July
64%
Penna
Feb
•
-—...
High
42% May
Jan
185 y8
Penna Salt
Jan
27% Mar
3%
7%
Southern Calif Edison Co
.
18%
3 Vs
/
54
97%
54
—
Pennroad .Onrp
'
27%
880
13%
—
lots
382
15%
Light
Battery
Range Since January 1
T.hi-b vS
38%
common
Lehigh Coal Ss Navigation
40% July
Jan
41
36%
n
n
,
£ Lehigh Valley RR
National Power & Light
45% Jun
45% July
33
13
£ General Motors
Feb
a46
15%
—
Company.
2.70
44%
67 :
mc——*.—
Co———,i—* 4
w
Security Company ——————-——30
-Shell Union Oil Corp
—15
37%
Sierra Trading Corp
25c
15c
Signal Petroleum Co Calif
1 ; 1.20
Sinclair Oil Coro
•
18%
Aircraft
Mar
Co
; ;■
Power At
Delaware
15% Apr
75c
Jan
1.25 Apr
a36% a36%
; i fiareway Stores;',
Gears Roebuck&
Solar
Shares
High
197% 199 Ya
198%
—*
—i—
——
Electric Storage
Jan
370
Co
Curtis Pub
10%. Apr
44%
—
common——•
*
Corp
Aeronautical
Ryan
1,300
1.80
—
common—-—1
5% % preferred ——
—50
Rtte Ranch Oil Company
——1
Oil
.
17c
Apr
11% Feb
52%
Jan
a46
^
Richfield
7% Aug
U
250
Apr
8%
a40% a40%
v
Republic Petroleum Co
:
22c
1.75
36%
——.—100
Chrysler r?nrpv. £
97 %c July
Feb
52 %c
44%
Company—-i.—10
paciflc Lighting Corp common——•
Pacific Public Service Co common—*
1st preferred —————.———*
,
7%
Aug
225
4ya July
12%
Budd
-
Jan
Tel St Tel—
Baldwin Locomotive Works v t 0
Jun
1.75
Pacific Indemnity
.
for Week
Low
Stores
American
Jan
'37c
'
American
Jan
2.30
87y2c July
1,500
22c
20%
42 y2
200
4,850
V
190
4,100
7%
—
:preferred-i-:.—-.--^^y-25 v
1st
ft":;:Saiee^*;;
of Prices
Par
Jun
42c
Feb
12%
"
•
5
80c
:
Feb
Feb
1.15
100
1.35
4%
■'-75c
:
Jun
1.55
27% July
67
225
225
l/( 12%
;
29
...—25
——-—25
—
preferred-.
1st
17%
710
242
May
10%
Jan
Feb
20c
5,048
--
-———1'.
Pacific Gas & Elec common
5%-
19
:
1st preferred
1.05
1,850
4,000
2.10
50
8% May
62
.
;
a30% a3lV8
is y4
>V 2.00
22c
Oil
5%%
38c
&31%
1
Northrop Aircraft, Inc
Occidental Petroleum Corp
6%
36C
36c
19
2.10
!/;£'•(
.
Nordon
Oceanic
1.40
Jan
27
895
a8%
—
100 „> v v —
;—1j
—
1;;
—
1 '-■>;£ 80c
Angeles Investment Co
Menasco
..
10c
1
Co
Petroleum
Lincoln
Week's
Range
Friday
".Last'
Sale Price
Jun
1.95
1.35 Mar
2,300
41
a8%
1.30
10o
-I
I
Co
Wells
Lane
m 39
41
V;>:,
lOo
Corp
Petroleum
Intercoast
Jade Oil Co
1.50
STOCKS
'
1
Car Corporation
High
Lot$,0;£
High
1.40
—6 %
Inc. common
Motor
Hupp
Low
Pat
Co————1
Development
"
;
l^forth
46%
American
common
25
46%
66
-
47
67%
Electric common..
Motors common..
67%
33%
33%
45
140
( July
■)rH 172
•
64s/8 July
5
31% July
i-;
48 Va
Jun
73% July
333/4 July
Number 4515
[Volume 164
[THE COMMERCIAL' & FINANCIAL CHRONICLE
CANADIAN
RANGE
Montreal Stock
Canadian
STOCKS
Friday
Sales
Week's
;
Low
•
——20
$2.50 pr el erred .
———20
Acadia and Atlantic Sugar A com——•
5% preferred —i...
--100
.....
Algoma Steel
.Preferred
——*
Aluminum "Co
?
100%
July
2iy4
103
415
106% May
40
May
19% July
45'
100
26
220
130 5®
267a
227
26%
y,*i
Jun
Corp
4Va%
common
convertible
8%
8%
9814
100
98%
.
*~2
2
*
Warrants
•,
8%
*
preferred
28%
28
-
175 y
'"'.V
Saguenay
.
8
2
750
12
102
Apr
St
Jan
Corp
Trac
Light
&
Columbia Power
Class B
Bruck
.
130
:.-;4
4%
1,200
30%
30»/2
45
Jan
29% Apr
5% May
.35
May
37/b
50
3% July
5 % May
28
30
19% May
•
Cement
28
-
A
32%
32%
Jan
30%
:
32%
27
180
18 J/2
3% July
.
160
5
35
20%
23%
2,145
150
466
131
27
150
26
—<—*
10%
10%
•
19
19
51
51%
27%
28%
Corp.;.
14% Jan
29%
22%
120
47% Jan
53'
•
s.—
Canadian Converters
20% Mar
47
Jan
pfd
265
95
40
July.
25
16
Mar
20
-
>
5
Canadian Cottons preferred———25
Canadian Foreign In vestment
Canadian ind Alcohol common
31%
31%
5% Jan
28% Jan
75
35
34
32
21%
22%
435
July
16% Feb
53
21%
20
21%
990
13% Feb
Canadian tnrnmnHp* /
Canadian Oils
■-y
....
30 %
32
1,110
29
46
17 %
17 V*
31%
:
.
.
Canadian Pacific Railway—
Cockshutt Plow
Consolidated
25
1814
-
35
190
,
225
18%
18%
15%
97%
1,100
48
48
15
32
55
■
Distillers Seagrams old
1,175
;
July
17%
78
Jan
29%
50
Jan
75
13%
Jan
23%
Jun
635
39
18%
450
30
30
200
29
July
105
47
Apr
5
40
July
& Steel.
50
_.—
Preferred
•
■
40
Dominion 8teel & Coal class B.—.—25
Dominion Stores Ltd..——..-—.*
18
18%
.-475
.
27%
23%.
27%
27%
21%
,^
23%
-i
25%
26
107
106%
107
114
Paper 4%% conv pfd.100
Bros-———:.
,.*
105
103%
Corporation
Enamel & Heating Prod-^-;—-.
Gtoaineau
120
Jun
107
July
24
13
Feb
120
19%
10
130
18%
215
-110
:
1,530
125
110% 110%
15
22%
■
Mar
110
5
100
250
17
27%
27%
23%
27% May
27% July
Apr
? 45
75
23
36% May
21% May
205
400
586
May
29
Feb
-? 30
Jan
v
19% Jan
26
26'A
605
21%
975
20
Jan
50
50
$17,000
24 \
Apr
,
25% July
?~
*
July
27%
,
Jan
24%
Power
Notes.
106
54 %
16%
305
Glove
9%
540
Belgium
<
33%
150
Glove
C
Preferred
Feb
.
140.
10
140
19%
-
-
13% July
13% Jan
3,395
32
■
20
16
16
Aug'
.July
;? 20%
July
16%
13
295
V.
16%
10%
Jan
12% Jan
Northern
Power
7%
.100
Industries
.—100
u—
Canadian Marconi Company—
Canadian Power & Paper Inv
May
10
60
15
55
Mar
5 7/8
5,350
81
423
i06
106
y
25
106
<23
24:?
600
? 23
63
63
285
110
111
200
13
13
80
27
27%
170
"
■
??*-"■
.
27
16%
161/4
23%
190
190
16%
109
?
2%
3
2%:
2%
2%
15
'
27
38%
Canadian
15% Feb
1%
Vickers
Ltd
280
37
245
'
113% May
13
Jun-
30
May'
18
23% July
?
190
8% May
Canadian
Canadian
160
Western
Lumber Co.
Westinghouse
Co
International
Paper, common————15
50
47%
?50
1,913
;100
3;?,..
118
118
33
8
695
Jan
4%
•
Apr
18%
July
118
130
fe??
47
14%
14%
;?'?, 22
14%
14%
100
Wines
Claude
2.40
4,350
55
46
-v.
53
130
..
General
60
Ltd
*
•
Preferred
•
;
Feb :
62
Aug
Feb
21
Mar
7
Aug ?'■
16%
•
Aug
Jan
75
Jan.-
55
16% May
Consolidated
Textile
100
•
common
—
y--\P'y%fy
4% May,
7
Jan ?.•?:
3,155
.5'
——...
Consolidated Paper Corp Ltd
18% May
12%
,
'■'yj
Jun
3.80
Apr
16
275
Advert. Pfd—100
Commercial Alcohols Ltd common..—*
Jan
May
14% Aug
Neon
174
Jan
Jan "
Jun
Jan
y'i:
Apr
27%
Feb
3%
98
Apr
140
Aug
16% July
53
43%
12% Feb
.
<•
Chateau-Gai
Feb
59
55 43% Mar 'ii
410
17%
47
3y8
53
10
■ •!?'
'■ ''■■■M'x!
^
^
Catelli Food Products Ltd. common—.*
28% Jun
40
May
Jan
35% July
160"
3%
Ltd.—*
t
"53
41
FeD
Jun
5Va
1.75 Jan
12
:
??', 25 f: July
Jan
2% July
1,585
36
preferred
38% Feb
17% Jan
25
37
36
common.
Aug
Jan
178
244
14
15
Apr
Feo
Apr
15% Jan
.
17
?
'
29%
:.;?63
.
25
940
190
-(109
;
Apr;
Jan.
10
480
24
'.
56%
Apr
Jun
104
Apr
?11% May
;
May
63
Apr ;
■'
Feb
24
-*
-
4% July
v July
8% May
?; 77
225
9%r. .40-
.
..
Jan
8
July.;
Jun
77%
461
•
2%
*
com
,5% preferred
28%
17%
11%
15% July
-v
10%
23%
common
preferred.—
26
.
5%
.
81
pfd—100
common
25% Mar
1,408
79
5% '
t
*
s i*.,(•
com_*
Apr
Apr
16% May
•20 ;
Aug
60
•»
■.
Malting Co Ltd
Canada Starch Co Ltd
17% Jan
7% Jan
30
July
50
Nickel of
57
168
Feb
& ••r-hV:
International
17%
Jun
"
13,067
8
:?S?-.57?
r_.
,,
■ ■
-
Canada
53% May
38%
47
14
28%
Calgary Power Co Ltd 6% pfd
100
Dominion -Sugar—-I——.—*'
12% Feb
38
Apr
50
26%
12
;
vJan
18%
100
14
27%
———w————.100
Canadian
37% Jan
■
43% Mar
14
■
28%
100
18% Jun
52% July
17%
20
14
♦
Canadian Dredge & Dock" Co Ltd....*
Canadian General Investments
Lpd
•
176
5
Vancvr Ltd—5
May
56% Apr
570
36%
High
9% July
10
168
14
of
Canada dr
109
53
•
168
Feb :
43 Va
14%
•
Low
.46
47
19
Pulp & Paper Co Ltd..
company nommrtn
Butterfly Hosiery
May
53
14%
;
Range Sines January 1 ?
High
10%.
47
preferred
Bright & Co Ltd (T G)
Jan
35
42
;Xy32
Mar
50
?
Shares
10%
British Ainerlcan Oil Co Ltd—-—*
British Columbia Packers A pfd—.*
'
53
14%
?'v?5®
for Week
Brandram-Henderspn.
B
43%
>
Sales
Range
Works.
Brewers & Distillers
7% Apr
20% Feb
8% July
30% Mar
Imperial Tobacco of Canada common.5
6% preferred
-i.«—.--£l
Industrial Acceptance Corp com—*
1
40% Feb
of Prices
Beatty Bros Ltd class A—......
*"■
Belding-Cortlcelli Ltd common...ii..100 ;
17o
33%
International Bronze common——— •
Week's
Low
Acme
:
'"111;:"-Feb;.;
52% July
14
Mar;
8%
13%
.25
5
270
16%
~
Friday '?,W
Brown
34
Jan
•
': ••?
•
Last
Jan
20
July
July
40
14
Ltd
43
27%
Aug
104
Sale Price
Jun
111
Jan
18
*
Co
42%
27'%
Jun
May
Canadian Funds
22% July
28% Jan
14% Jan
105% Jan
30
54 %
Howard Smith Paper common—*—*r
; "■$2
preferred ——L—.i
——
—50 ;
Hudson Bay Mining & Smelting.—,
* i
Petroleum
Jan
Bonds
,16
27'-: Mar
106% 108 %
..
Goodyear Tire pfd Inc 1927
50
Gypsum, Lime & Alabastlne——•;
International Power common
International Utilities Corp
20
Mar
10%
Mar
5
100
•
27
13
STOCKS
l?% Apr
16% Mar
18
Canada
157
"
285
30%
common.
Preferred
99
Feb
Montreal Curb Market
Jun
21%
General Bakeries
Imperial Oil Ltd
Jan
21
Aug
22
18
';
—
——————
Jan
74%
225
—
Canada
Bridge
Jam
406
,
Jun
94% May
13 Vs Feb
16
;
July
May
May
26
102
-110
r
International
28 %
Feb '
100
25
.
'X" 55
Jun-
92%
Jan
24'A
Montreal
Feb
371
30%
.
93%
Aug
106
Jan
32
....
JI
28% May
23
20%
Pbwer jcommon.—
i.
25
Jan
Jan
15c
SJan
15
Royal?
May
32%
'
Corp
,
Preferred
Jan
200
i 5%
pfftOrrftri
t'5%%
preferred...—i.——
Hamilton
-
4|(% jun
23
24% Jun
'
Preferred
.
16
19%
Co of Canada
General Steel Wares
6,605
20
100%
100
37% Feb
51% July
107
A_
Canad
11%
■X 84
8%
32
Jun
16
Electrolux
Players
23
22
....
...—
Electric class
79
155
15
Feb
Jan
90
25
•
.
23% Feb
875
*
Donnaconna
Famous
July
12% Mar
325
Voting trust -certificates—
Foundation
110
92
1
Aug
'Vfc.:
1,706
Dominion Tar & Chemical common—*
English
10
88
7c
Banks
Commerce
July
45% Jan
13% Mar
Dry den Paper"
103
16,550
100
30
41%
Donohue
15c
16
May
16
1,215
18
preferred
common
Apr
16
•
35% July
14
———
;25
14
Aug
10% Mar
3,970
102% Jun
41% Jan
40
Preferred
18% Jan
25
15 : " ?:
Feb
Coal
:
May
Apr
Bridge
Dominion Textile
16
38% May
Jan
24%
19
Dominion
^
July
May
17% July
30
»»
common—
Dominion Glass common
Jun
12
.100
common
common.T4.—*
.25
6% preferred w—25
Jan
14% July
Dominion
Foundries
185
109
•
26% July
Jan
Jan
May
865
21
92
Montreal
26% May
15% Jan
140
96
97
-
Davis Leather Co Ltd class
Class B
21%
29
160
11%
92
Jun
75
; ?v
10%
20
Mar
113
2
92
11%
Jun
41
Feb
83
87
*
Apr
9% Mar
39
Apr
34
103
87
•Vf
106
Feb
7c
Limited
preferred
.
15
Mining & Smelting.
Consumers Glass
$
15o
Jan
July
25% May
.-n.
..
10%
Mar
July
.
July
•
B
Dominion
.
20%
22
10
14
15
,
-
5%
Jan
Jun
14
13%
10%
^
common
Zellrrs
,
31% Aug
v
35
: 175
Walker Gooderham & Worts com—.*
Jun
*
'
'
20%
69
35
175
•*,
20%
common..—
Wabasso Cotton '—
Apr
22% May
.
23%
/J
——
—
•
Biscuit
(Geo)
7
1,007
—
Weston
102% July
104
30
24
24
•
;
——
Winnipeg Electric
Jan
July
Jan
103%
135
55
■
:
Apr
74
July
625
352
•
Power
17%
102
45
[
34
103
Viau
44% May
20
—.
class A
201
53%
105% 105%
7%
7%
•"
240
35%
yvxx
"
?
C '<20
100
:
28% Aug
50
100
Class' B
.Rights--
•???? Preferred ?
..25
1
common
104
35%
—
Canada
,
Jun
14% July
20% July :
59% Jan
21%
103
5%
preferred
;109
Steel Co of Canada common——..*
7% preferred
^.......25
14% May
■:
*
Class A
Press Co.
Apr
17%
101% July
35%
V. Ay
Chemicals common
.
Jan
6,408
.??■?■:- 717
,
com..—*
common
Southern
Feb
9% Mar
17 % July
20
common
new
81
36
July
54% Mar
*
Jun
100
;
Canada
Standard
Jun
;
*
Foundry
Canadian Celanese
7 % - preferred
-
25%
1,100
,
of
Jan
Jan
13
2,500
33
;__.100
Breweries
Southam
Jun
155
7%
•
:
70
30
•
620
65
21%
Jan
*
common
Canadian Car &
Willie.ms
20
205
???■
14
,
100
pfd
United Steel Cnrp
Feb
common
Sicks*
24% Feb
Jan
26
Paper Mills 6%
Preferred
29% July
23% Jan
17
July
-159
Canadian Breweries common———*-■•
Canadian Bronze
Jun
22
—100
Northern POwer
.Class
20%
.»—*
...
Lawrence
'
18%
common.
Canada Steamship
5%
preferred
■'
3% !
-:
Dredging,.,
6% %. preferred
Canada
23
*,
Canada Forgings class A.
'
4,575
23
•
,
Gold
Canada
23%
•
Corp A
Mills
Building Products class
Bulolo
Jun
22%
'
—
Silk
Apr
23%
*
78%
34% ;
103
•
common
24
204
19
Feb
'
Mills
216
22%
202
181%
21%
50
Flour
Jan
22%
;
34%
,102 102%
100
Shawlnigan Water & Power
204
,
•'
Corporation common
St
22%
775
Jan
'•
''-'
preferred
Jan
•
Power
British American Bank Note Co
British Columbia Forest Products
British
A
Lawrence
Feb
•
•
205
30
34
-——.—.IOO
35
27% July
100
Telephone
Brazilian
3%
4%
Sherwin
Bathurst Power & Paper class A
Bell
v,.
...
pfd
Feb
"
Asbestos
t'xv. i*m'"A/-
Power preferred—
Lawrence
Feb
July
2
100
29
July
98
55
.150
78%
34%
■i'B
Apr
32
63
1*«%
Apr
103%
65
7'1*.'
20
Feb
102%
*•
Hioh
Mar
102
•
•'
16
90
137/a
.
155
103
14
'
■
103
78%
•
•
Low
18
32
■
Co
Quebec Power
Holland Paper new
Feb-
103
Range Since January 1
High
May
Jun
;
■
River
-
bt
Argus
r
Shares
preferred——...-.......100
5%
Jan
27
Jan
26%
;
103
227
May
197
Powell
Sales '
for Week
of Prices
17%
Tub es———<
Power Corp of Canada
Pried Bros & Co Ltd common
Jan
Jan
-
r
Apr
Jan
194
Page-Hersey
Penmans Ltd?common^——-..
Apr
40
17%
.100
5
Jun
h24
:
]
July
20% Jan
29
•21%
of Canada A % % pfd—25
22%
35
20
100% 100%
196
Mar
<16
550
37
99
.—.1—^—.——-.100
common—.
v
Aluminium, Ltd
14
Power com.-lOO
-Preferred
Range Since January 1
Low
High
305
105
37
'
6,165
•
Week's
Bangs
.
Low
Ottawa Light Heat Je
11,982
18%
*
common
:
21%
—
Agnew-tiurpass Shoe
Friday
Last
High
39%
—
!>
Sale Price
f.
Shares
19%
$1.50 preferred
AUGUST
STOCKS
for Week
Range
■
Abitibi Power & Paper com!-
MARKETS
ENDING
Exchange
Sale Price 'J? of Prices
■'fv
LISTED
WEEK
Fnnds ./??,
Last
:
FOR
19
i
9%
20%
15%
18,413
Feb
6%
8%
Jan
<
Feb
23
?
Apr
10
125
9% July
10
July
19
19
100
Aug
6%
100
18% July
6% Aug
19
6%
8
?
Jun
■
Jamaica Public Service Ltd com.—...*
Labatt (John)
Lake of the Woods Milling common
Laura Secord Cardy.—_
«
Lindsay
(C
MacKinnon
W)
•
—3
,
27%
;
335
25
Jan
?;36
100
::;5; 29
Jan
21
21
21
101
,
—„*
com
-
10!
—
7%
18
.
•
Mitchell (Robert)
28
36
40
*
28%
95
.*
,
17%
25%
28
8
—."
L)
*
Apr
23%
Dominion Engineering Works Ltd.—.*
Feb
Apr
101
Jan
12
Dom
AUg
Jan
Oilcloth
Linoleum
&
Dominion
5
1,106
14%
Jan
16%
Jan
21 *
Apr
26% May ;
33
Apr
Square
Dominion
20
18 *5;
(R
Co. Ltd
.'—_*
2,426
28%
215
37
37%
730
29% Feb
37%
Jun
12%
60
15
Jun
40
42
17%
17%
44% Maf
19%
Jan
13 y4
30
Jan
•
15
Mar,
22 V*
v
?
19%
July
16%
17%
2,525
22%
22%
25
......5
Esmond's Mills preferred..
64% May
45
38% Jan
m
100
17%
Fed Grain Co class "A"
27% Jan
■
■,-H2Q
—20
Fanny Farmer Candy....
12% July
:
11
<110
-<•-,'43.
; 30
17%
Donnacona Paper Co Ltd
25%
28
;
•
Woollens
Corp..
24
? ?
3%
3%
3
July
Jun
Jan
'
Jun
.*
?0%Apr
;
Breweries—..—.........—.*
Montreal
Cottons
common.....
..100
Preferred
100
41%
41%
•
20%
20%
1,370
•
21
21%
1,457
...40
"50%
50%
60
Montreal Light Heat & Power Cons
Montreal Locomotive Works
Montreal
Telegraph
_—....
National Breweries common...
1% preferred
——
National Steel Car
Niagara
12%
Fair child
Wire
,
Corp
•
940
...25
*
:
•
common
Electric
Aircraft
see
34%
182
182
_•
Rwys
For footnotes
34%
-.100
Car
Ottawa
•
page
C61.
:
30
1,765
•
Preferred
Ottawa
July
; ; 18% Jun
19% July
!
,
47
55
Jan
44
22% July
cum
Jan
22
May
>->.i 52% May
52
31
72
30% Jan
175
Fleet
Aircraft
Ford
Jun
60
50
Jan
6
119
125
89
Motor Co
Ltd
m
of Canada class
24%
Companies
8r'
64%
77/s
:
64%
5% Jan
66
9%
May
Apr
125 V..: Aug
Jan
Godfrey Realty Corp—..—•'
Apr
Ireat Lakes
.
Jan
Jun
Paper common
Preferred
;
Hydro-Electric
Securities
*
Corp
37
38
30%
785
64%
5
5
25
81
?;;•??"? ■ 1
75
Jan-X Xs 81% May
35
60
Feb
81
81
Lake St John P & P
*x
80
Lambert
U
11
Lowney
Co
Ltd
Inc
V:
37% July
Apr
37
64%
Jun
Alfred
Jan
May
.
28%
*
inter-City Baking Company Ltd—.100
75
Feb
37
Feb
May
53
32%
24
30%.
*
;
.V 8%
83
1,080
1,763
?
8% July
5y8 Apr
July
1,100
25%
62
182
;
.8
.
24
.
I;
May
35%
Jan
6
54
9%
Aug.
30%
Aug
20
57%
9
100
preferred
57%
Jun
53
-
Jan
.;<4-V 24% Mar
54.
red
.1
1—*
25% Feb
,
Feb
4
V
July
Fraser
7
44%
1,285 •5;;; 24
•
Weaving
Noranda Mines Ltd
Ogilvie Flour Mills
400
,
Aircraft Ltd
13%
►
12%
■'
«
80
12 I u
13%
28
li
•
V
July
34%
70
52% Mar
8%
-
12
Jan
ADr
Jun
;•? 8% Apr
4% July
385
1,395
Jan
24
50?:'
90
■
•
•:
12%
15
?
July
July
'
Molson's
1
Apr 5
37%
19% Jan
4
Crain
{' ' -y X'\ A'-'
Structural Steel
Massey-Harris y ...y"
McColl-Frontenac Oil
27%
'
preferred_i_._._..ipo
Preferred
Jan
May
Jan
Jan
858
,
.
'
Y
•
•
A1J
"
•'VV' '
•
i;
THE COMMERCIAL & FINANCIAL CHRONICLE
*
•
•'. 4v»"'
-vY
'
'.
Y
•
STOCKS
Week's
.Friday
"'•••'
Last
VYY;'..
Low
^;
•
v
•
'
<\\
fv'Y.
WEEK
new
■:
34
Jitt
47% May
Akaitcho
13
July :
Alberta
1
2J
Apr
17% Feb
21% Jun
39% July
■
180
28% .Feb
190
Yellowknife
Pacific
Minnesota
Moore
&
22
Mount
Nova
Royal
Scotia
Nuclear
Algoma
210
13 %
4
Lt
Crush
and
Pow
6%
i
-
ioy4
112
pfd__100
:—*
—*
—,
common
io
22%
10
10
*■•:
13 %
22
109
35
.
Steel
80%
Jan
20
112
Service
Power
Corp of Can-'6 ft
Stores
Quebec Pulp & Paper 7%
15%
—*
—.
100
1st pfd
14%
red pfd—100
31%
_*
100
12%
35
:
32
Bridge
Southern
Company, Ltd
Canada
Southmount
Power
Invest.
6%
pfd
123%
July
27c
28c
37
I,000
4,200
15
Stowell
Screw
Co
Canadian on
Ltd
class
A
32
United
Fuel
Inv
A
—
-
.
51
25
■
'Windsor Hotel Ltd-
Alta
Mines
1
,
'
-
\>
Arno Mines Ltd
1.70
14%c
;•
—
8%c
*
8V2c
16c
9%c
Beaulieu
Yellowknife
Mines
\Y
•
►
<
y
x}..
\
1
■
7c
>99
H' 180
180
26c
26c
2
28c'
'
y-'.-i
f
6c
•
1.80
,683
1.80
J5c
'80c
v V"v.'.
V.'f
•\.v
Cortez
wJ.
#
12c
30c
,
5c
,Jun
' 21c
24c
16%
16%
420
ZlVzC
'30c
'56,900
21c
»
25c
23c
>25c
15,500
20c
•
71%
16c
7,500
l.oo Apr
53c
53c
50c
July
0.1c
10c
July
9c
15c
34c
July
8o
7c
28c
7c
55
71
.72
30d
'Q0c
6,100
.20c
33c
25c
19c
20c
lie
.25,000
250
36c
60c
62c m65c
20,900
i
4.40
4.25
4.40
_^
?0C
78c
020c
Apr
*,78
July
.
Mines
...j;'--:
•
Mines
—1
:22c
r,f ,.ii
„
V-:
:
-
2.60 May
30c
Class
Jan
V
26
—
_10,
27%
_-
10%c
—i*
10c
,24c, )Jan -1
27% Apr
110
•
,40
;Mar
.30
.415
.
jftor
22
' 22
«i
•7%c Jun
19
100
780
II,700
.
700
^
Apr .
/Apr,;
42
Belleterre
July
47
-
Quebec
—
,%48
•
}
i
*
%
Jan
SlVi May: f
42
.
Aug
Jan
31
Uan
2.65 May
i
50c
,64c
4.4,500
204
202
204
.301
181
Jan
10
July
70c
July
—1
—
1.76 Feb
45C
39
:
85
54c
100
-
40c
45c
4UC
Aug
Bldgood
28C
28C
32c
27c
July
Blltmore
2.85
2.65
2.85
—
45c
45c
1
13c
11c
13c
16c
.'Class A
.216
•
.
,
Fontana Mines (1945) Ltd
?
*
2.25
Klrklanrt
Hats
15% Feb/I-
11
12
625
flffc
jJQo
' 22
72c
22
6,500
"
1-.
rinlt!
,
-i
.
21
July
;
-87c
50c
:67c
8.000
■47c
•92c
Feb
20c21%C
14,100
,16c
July
July
45c
Jan
•
24%. May
'
■
"
,
:21c
.
preferred—,:
,
fi2%
0
22%
.
'Pixie Rihhnn
July
45c
Preferred
Aug
lie
-
July
20c
—
21c
4,1%
.46
<58
22%
1,45 iJan
.,
22% Aug
..25
12
58
1
75c
'74c
75c
,1
10c
i97/«c
11c
■
4>0
Bobjo Mines Ltd-
9c
'a*-I?"S
Bonville
37,000
1
;
1.06
July
1.30
^trin
34c
——il
29c
25c
.July
40c
40c
v-
—LI
JtM Consolidated Gold
Mines
30c
Lake
Gold Mines Ltd.;
Rowan
Mines—
3%c
V
'
i-
}
'v
-
—
60c
13
T3
25c
'16%
26c
17 Y4
88c
88c
85c
BrltisK Amerlean
British
12c
luly
27c
73
,
—*—5
.nil
July
S'Ac Aug
14
^8%
-
U-
,
v
—
il8%c
/< '/
'"'i
Mines
—1
Ltd-*
—1
'
45o
July
Nechi
Red :Lake
3.00
Cons
1
i-J-
Dredging-
1—
22c
.
3.10
^30
.
.1,47
1.49
24c
'29c
?1.63-
1.80
14c
14c
'1.80
—
^O'Brien Gold Mines Ltd———
1
Omnitrans Explor
—L———*
Osisko
Lake
Mines—
—I—-——*
^anaora
Pato
Cadailic
Cons
Pickle
Gold
Quebec
Mines
1
'
Gnld
-
1
Broulan
July
;
s
'i
.Santiago
^
yrj
Gold
31
"30%
31
190
28
Jan.
20c
f23c
11,100
JL8C
July
45c
45c
1,000
40c
July
'1.05
1.15
1,200,
95c
July
4.50
4.65
Mines
Gold Mines
Sladen-Malartio
—
.1
Hughes
Gold
2.10
20c
20c
15c
V.j \'S
fftMer
16c
}
15c
2.56
~65c
Oil -Stocks
Foothills
Oil
,70c
47c
Glass
July
Gaspe Oil
js
July
July
60c
5.00
Canada
44 %c
July
Class
-3,65
Jan
Mar
Jan
July
1.45 Jan
37 %c July
1,15 Jan
:
B
April
Canadian
Canadian
Breweries
Canadian
Canners
>
Bank
: 19c
4,000
22c
2.23 -2.40
800
107% 107%
20
26c
80
202
45
27%
102%
■/:</- 69
27
'
210
25%
3.60 Jun
108 Va July
Feb
82% May
25 Ya
Jan
July
Jan
30
53
125
11
Aug
305
36
Jan
19
19
1,090
17%
Jan
'200%
30
(202
19
19 Ya
51
27
;
Jan
Aug
14%
Feb :
'
44% May
•
'
21%. Feb
205
Mar
Jan
17
July
23
Feb
Jan
53
Jun
30
Jun
110
27
'
178
40
51
/Jun
•63
Mar
11
43
63
Jun
153
11
62
Jan
Mar
,56c vjan:
.
Jan
42%
*
5
76
14%
147
Feb
2.95
44c
July
July
2,00 July
80
22
79
20Va
July
1.71 July
4,160
147% 147%
:
70
:
47%
,
'
23
28%
28%
30
29%
30
31
30%
24
505
23%
27
23%
_—
common
——
Copv preferred
.y
Mar
19
6,167
Mar
25
Jun
28%; Aug
22% Jan
125
31
24
Jan
20
:
350
•
32 Ya
32
Jan
May
vJun
29%
29%
30
325
22% Jan
32
16%
15%
16%
315
15% July
20% "Jan
2oys
20%
21%
398
20% July
69
67
69
375
59%
26
-j.-——
Canadian
& Fdry common-
Car
27%
r9S
'
'
_•
Homestead Oil
——
Gas Ltd
80c
80c
80c
2.70
2.70
2.70
Canadian
Celanese
1
—
.•
7Y2C
7c
7J/2c
Canadian
Dredge
Canadian
——
Home Oil Co Ltd
.
Jun
22c
i;65
Apr
44c
4,050
26c
common
1st preferred
17
2.00
(26c
26c
—
Commerce
12% Mar
,19c
,
:
Apr
1,82
23c
'
Jun
35
9%cJMya'/
15
400
y
60-
-
6,700
/Canada Permanent .Mortgage100,
Canada Steamship' common —-——
/
Preferred. —.—I-—————50
Canada Wire & Cable class B—-.--—*
July
22c
>Jun
28C
class A—«—•.
———•
1.52 July
3.50 Aug
-1.65
1.64
4%c Jan
■
14c
__
tJan, {
•
23% Mar
14Va
147%
Power-——.
Packers
18c
1.85
3.80
—
72c
11 .''//Feb.- i
//./.iASCftviJftn/S,97c Feb x
13 * Mar
23c
———*
Canada Malting
4.35 Aug
39c July
1.07
——
225
135
Ganada Foundry Jr Forgings Class A-*
64c
14c
27c
32%
24c
1,82
—10Q
72c
1.80
Jan
55c
,
July
15c
8,300
4,700
2,500
2,25
;
70c
-3.50
15c
* 14%
—I
100
common
Aug
July
14c
*
,
35' May
.
3.85 July
:f;
7c
28c
;
A_
———
Preferred
10c
1.80
Dev Corp——*
Gas'Company Ltd
B
Canada Cement
20c
3.80
810
13 % ' 13 %
5%c
-1"
^———
10c
"yv\;;.
&
Flon
Bread .class
Canada
32
7c
-
,
Calmont Oils
yy
Campbell Red Lake—.
Aug
_
British Dom Oils
Flin
Canada, North
42c
2.25
25c
■'
•Rnimqiief fthlA
Callinan
/a--:;*
40c
Extension--
72c
1
j
11% JunM
9%,July
1,590.
21c
"19c
32
t
Calgary & Edmonton—..——ft.*
3.00 Aug
2.10 Aug
16c
».
-Burlington Steel
20c
1
Ltd
5.30
4.35
—
Ltd——1
Mines
3.00
2.10
1
Gold Mines
Sullivan Cons Mines
6.00
3.00
47c
—1
Ltd
1
Staaacona Mines 1U44 Ltd-————*
Standard
6.00
—
Hill
'
:
.Burns .& Co ..class B-—
1.20 Aug
13c July
18c
.2.55
Soma-Duverna^ Gold
Tech
17o
4.35
—1
Ltd
Mines
98c
—
\
.Bunker
1.70 July
Jun
1.20
40c
Ltd—i
.
i
Jun
;21c
'■
'
ile July
:
98c
98c
1.20
15c
\
16
85
10%
.,
!
Jan
Jun
5
10%
—1
Mines
Building Prndnefa.
Aug
20c
•
1
—
Bnerrxtt-Gordon
fUscoe
;
►
Mines Ltd-.
:
16%
3% July
10%
.
1.20. July
May;
1.09 Jan
20c
—
T
i
Antonio Gold
Jan f
28% *Jan
25% Mar
•
•<1,850.
16%
*
->
Porcupine Mines, Ltd—
Buffadison
18c
2.05
•—
.
——1
27 Ya
30% jJan i
13% Mar
;205
si,ii3
:
4
16
Ruffalo Ankerite Gold M<ne«
(4.65
/Buffalo Canadian Gold
♦
19c
Buffalo Red/Lake Mines--—25c
2.50 July
33c
1.95
•
6.00
Ltd-——1
Minfta
'
^
1.20
Dredging Ltd
Yellowknife G M
Rochetta
San
i
1,
Ltd—
••Preston East Dome Mines Ltd———1
;
56% Aug
20c
—
Gofa Mines Ltd—1
Crow'Gold
-
—
—
Pamour Porcupine Mines
V
14
»
1*
30%.Jun:
;16% Aug
56%
33c
1.32
1
(Normetal Mining Corp Ltd—>
Norseman Mines
1
—
Y.95
56y4
.
—1
—
(Nib Yellowknife Mines Ltd
*
•18% Feb
i-
<
.
British Columbia'Power class A—*
.British Dominion on
1114 July
-
^
56%
.Mclntyre-Porcupine Mines Ltd———5
McMarmac
Jan
J9%c:Jan
July
'% 26% Aug
.7
4,939>
20'A
4
———
,
Macdonald
Jan
v
27%
—
■
.
Columbia (Forest
t
ill
2.850
42,
41%o
i^
JBrit .Columbia Packers class- A——*—*
Class B
July
16cl8y2C
—
1
L; (g; v
460
Feb
30o
•
—1-
—>1
- v
-57c
1
w
Lingman Lake Gold Mines LtdL^L-LL-L
Lingside Gold Mines
;
1
;•
4c
58o
^1'
—
Lake .Shore Mines Ltd
31c
Ltd—1
Jollet»Quebec Mines ;Ltd_———;
'Herr ^Addison
28c
S #<Y
Y;
& Distillers
Brewers
40C: Aug
'
Jack Lake Mines—
15c
—
y
—
,U.&fuly
12% 12%
—
'»
,
Brant Cord preferred
25
26 V2
26%
Brazilian Tractfon Light Ax JPwf conus.* ■?2% : 23%
July
25c
Ltd—40c,
L
11c 11% c
__
Apr
60c
ilQC .July
45c
Boycon Pershing Gold
3««
25c
s%°00
40C
July
J.30
—
JL: j /:■
—-1
,3,500
45c
—
>Apr
30c
14c
6,500
—1
Gold <M!nes
16c
,
14
;
July
:80c .July
10c July
15c
*
23% May
,*00
10% July
55 Va July
o:.
,
15c
Bralorne Minea, T.td
Gpldbeam .Mines—.,1
—
.1
Aug
74c
Formaque Gold Mines Ltd—
rnmwinn
-
July
16c
Found Lake Gold
Collieries
>
Uun
11
——.-^5''
.Bevcourt Gold^y—■,
1
Consolidated Gold,
«
f/.-
•: 4.,:.
«
^>
'Bertram Ac Sons
*$'^
,
JL1%C
Bonetal
Hollinger
:
1.64 .-Jan
July
'51c ,july i
..
JL20
,
:45'
<
>Y
;
•"-l'
Hlllcrest
*
July
>24
Feb
i57o
15,wo
70o
,630
.
48■"•••/
^
Yellowknife—
JBerena River
J6c
V.
.
38
28c
32 % xFeb
„
v..:. 3,500
72C
22
V 76c
RaHXnm
Bell Telephone of Canada—•
—1
■
'
Feb: j
•58c
.21% Jan.
.470
:
26»/a
{ 38
9%c 10%c
B
1
,
Mines Ltd
May
7.25 Feb
15 %c July
12c July
15,400
1,000.
.
39: 39%:
29
70
„
^
Seattle Gold Mines Ltd
Reatty Bros,class A,-.
May
July
Elder Gold Mines
Heva Cadillac Gold
l
1;02 Apr,}
f. /1.55 Feb «
'
—
ExnlorAtion ^
41c
Goldvue Mines
j
a Jah>v:;;
^ ?/65c;
■.-'iAec-yJuiy^
3.80 July
600
42%c 12%c
__
4ft--:-
j
Toronto
of
fr
.
Jan
Apr,/
.Feb
July
30c
.
Mines
•
\
-62c
.18
May
July
45c
Nova.fir.ntta
Bear
July
July
30c
Exploration
Mining
Elderidge Gold
■:
:i87c
July
July
,430
.
30c
y-
fi
^S't'Kir'V4
July
12% Mar
:45c '
,i:
Bathurst Power class A
11%C Jan
July
20c
Couranr
East Sullivan Mines——
Feb
Jan
1.70 Apr
'f-
28c
—
,Base Metals
May
'38c
l
—
v,t* '<**';!}3$j>
«
'
Mines
Chesklrk
3V4
;55c
Mar
1.85 July
May
July
,6c
30c
l,v
Jan
Apr
/
102
Aug
68c
7,500
16%
Geld Mines
Beaulieu
Century Mining Corp Ltd.*,—
r
Mar
23c
12
,
23yac July
,4.100...
80c
84c
"V"' >'"*1
'22%o
-
Consolidated
Bank Of Montreal
Lie
Central Cadillac Gold MinesLtd—1
Centremaque Gold Mines Ltd
1
.
Jan
Jan
:30c
July
July
l
Bankfield
#5c
.
...
„•
10
Yellowknife :Mlne«—.
.Baeamac
lie
i-
Jan
.Feb
1.05
July
8
;.:45-y
u———1
Auraaque Goldy,--,,,'sr:;.-,,"',
13c
.Car.tier-Malartlc Gold Mines Ltd—JL
1.36
13
July
■98
i,385
98
98
1
,K
5
Hardware
Atlas Steels
5c
•
,
6,600
9
1
vAuhelle Mines Ltd
13c
Bonvllle' Gold -Mines ■Ltd--———-!/
38%;c Apr
Mar
110 July;
Y
Beatrice Red Lake Gold Mines Ltd.—1
July
.8.00 July
800
gy2
9
—83c
Astoria Quebec Mines
Athona
.-'44c
■
—1
9%c.
y
-
Mining
Ashdown
500
12%
—
Aubelle Mines Ltd
9%c
'
2.40 vApr.'
65c
.
.1,400
-
"56
2%
—>14%c
—
1.20
J.00
Bank
-
145
t*
Bank,of
Yellowknife Gold Mines——1
1.15
:
1.00 July
400
Warrants
'Mining Stock!
Akaitcho
8.25
common
Gold Mines
Armistice Gold
J
15
12%
12V*
Aug
37.'
-
:
40
2
.——»•
144.
8.25
preference
conv
Arjon
25
25
51
—
*:
»»
23c
1.10
8.25
1
Gold Mines,—_
Aunor
2
Ltd
.
Feb
May
'
175
to CO
30
/preferred---——,—
-Westeel Products Gorp
Western Grain Co
26
230
5
N CO £
—
.*
Canada Ltd
of
23c
1.10
»
—
Apex Consolidated Resources
•Atlas
United Distillers
Jan
54c
Jan
22% Jun
.
.
,
25c
19% July
305
i23c
;
July :
,129 y2
4,533
Argus Corp Ltd
722
15
100
10
1.85 July
Jan
July
19c
235
May:
142
123%
27c
Ltd.
Co.
Standard Clay Products—
21
197
1.20
Anslev
"751
31%
123%
21
197
.27
Arntfleld
Sarnia
7,700
1.15
Anglo-?Rouyn Mines——
.112 y4 May
y? Jun
23c
High
10%c Jan
27
Anglo
305
12%
,109
1.35
1,500
145
16% July
14% Aug
150
15%
109% 109%
—
pfd
Low
7,450
14o
-
196
—
*
Range SInee January 1
1.76
22c
.* *
——
Shares
23
4%%
Pauls
14o
22c
common
for Week
High
1.60-
14c
..
Anglo-Huronian
Jun
15
May
25% Jun
Feb
.May
•.
,
common
Ltd
1.75
—1
Sale*
Week's
Range
Amalgamated Larder Mines——1
American Yellowknife—,,,,,
—J.
16% Jan
11
.:
.Aluminum Canada ;new 4%
27^4 May
Jan
Aug
Feb
8
3,650
.
July
70%
11%
600
112
10%
17
J
••
•
Jan
18 % May
15% Mar
3,285
77
-*
Mills—
Rice
Enterprises
Orange
24
13%
Ltd—.——*
Royal Hotel Co Ltd.;
—*;,
Mount
*275
.76%
Ontario Paper Co—*—5
Corporation
11%
..
'
^ * ^b:'
Low
——1
—
Consolidated-—
Alger (Gold Mines
102% Aug
101% July
7% July:;
25
'
17 '17%.
10
Monday, August 1'2, 1946
'i/
,,
of Prices
Par
High
100
com—*
——.
Friday
Last
Low
pfd__10O
;
.
,
Y'/' r>*.
''Y
Sale Price
125
Co
Limited
Distilleries
;
.
■'
.
ENDING AUGUST !>
Aluminium
Preferred
'
Range Sine* January IV-
High
—•
-*
Maritime Teleg & Tel 7% preferred_10
Massey-Harris Co Ltd 5% pfd—.—100
Melchers
' "v
i
STOCKS
Share*
Maple Leaf Milling Co Ltd com
McColl-Frontenac Oil 4%
A
»
for Week
of Prices
*ar
MacLaren Power & Paper
FOR
•
Sales
Range
Sale Price
RANGE
:
' V
LISTED MARKETS
CANADIAN
:
*
Food
A
Glass
~———
common
—
18
69
5
Feb
j
'30%May
24% Jan-77
Aug
•:
20
%" Jun "
205
12
22%
22
22V*
325
18% Mar
24
Canadian
22%
21
22%
1,585
17 Ya
Feb
27
May
Class
20%
20%
21
725
15
Apr
26
May
30%
31%
270
29% July
46
May)
STOCKS
Friday
Fond*
Week's
>;
Range
Shares
$1.50
preferred
18%
20
8ugar
39%
22
.21%
-
39
common—*
18%
22
19%
Range SInee January l
,
4,430
40
Low
;
14
4,838
Preferred
22
£
480
.
Mar
37
20%
High
22 ya
July
Jun
21
,15% July
435
'
Apr
Wirebound Boxes
Gold
Cariboo
Castle
——
Patricia
24
Jan
-
-.J.j'i
——
Gold
Mines,
Central Porcupine Mines——
18%
3,866
—•
•
common
For footnotes see page 861.
—«*.
105
7c
105
io
7c
7c
2,000
;;37
37
34
35
35
.
..
i
/;■
Gal
1
Wines-
.3.25
1.64
2.05
20c
103%
».
:'7c
Jan
107
11 %c
.July
July
Feb
Chemical
Research
——
2.17
9
:
28
Jan
•
.42
May
Chestprville Larder .Lake Gold Mines—1
Coastal
Oils
————1-'.
—*
2.45
•
'
62c
*-2.30
■I
26
24%
•
•
"■
39 %
Jan
30
Feb
!
Jan
Feb
t
,1.40 July
'
-
2,700V
•
2.10
July
:67c
2.50
3,700
•
21,363
v
"(43c
>:•
'J
Jan-
Jan
16-
Jan
•
,•
;
Jan
1.90> Jan
Jan
-Al Mar
Feb
44l/2c
<
•
7%
■
■
3.00
:/
1.85 July
15c
4,100
75
■ 9 r:
Jun
.May
% 4.40 Apr
2.50 July
3,000
'
24c / ■.:
;
20c
;
—*
—-1
Y-
.
M
■■
18
y
455% Jan
800:
3.40
1.59
1
Jan
*
Jun
v
1.35
July
17% July
v
100
«
Chateau
13%
185
21 Ya
12.15 y
/
j
(
i
2.58. Jun
'
•
.
Jan
-
,—1
—1
e;
490
>27%
•*'
—•
40% Apr
Jan
.jt'
'50c
2,200
17%
18
18%
■.
:75 c
17%
1
Quartz
Trethewey
Central
:i7%:
■
Acme Gas & Oil
Agnew Surpass Shoe
High
19%
—20
$2.50 preferred
Acadia-Atlantic
21%
com.
Tire
70c
70c
•
*
—25
Ry
Pacific
Canadian
tor Week
of Prices
Low
new
-——
—
Canadian
Sales
Last
,Abitibl Power & Paper
81.
Malartic
Oils
Canadian
Sale Price
•
:
Canadian
Canadian
Canadian
19
*
*
Industrial Alcohol com A—*
B
i—*
*
Canadian Locomotive
Toronto Stock Exchange
•
Products common
A
Class
19
•
22%
'
Jan
25c
25c
28c"
/
1,300
"'*250
Aug
47c
Jun1 '•
*
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
V !
STOCKS
Friday
Last
Week's:
/;>
Willans
Cocksnutt
Coin
Gold
Mines..
plow Cn.
48o
3,200
41c
..1
65c
72c
18,500
50c
July
July
1.60
600
1.35
July
20%
20%
125
16%
Jan
22
78
Jan
103
Mines
Mines.
Consolidated
Bakeries
20%
Mining & Smelting
Consumers Gas (Toronto).
Con west Exploration
Corrugated Paper Box
__5
1.15
common—
21%
i
.——.-.-.i
Seagrams
new
,/j
Mines
Ltd—.
3,700
17c
9,700
5c
1.27
1.35
6,950
1.21 July
1.00
30-
29%/
30
12%
850
30
' 30
200
4%C 5%
18
>_•
,
26
MmmflB
'<•'
^
28
1
Mining Co
Duvay Gold Mines
Elder
Gold■ -T:--
20
1,10
6%c
9,200
1.51
1.57
3,200
2.90
2.61
2.95
13,470
-rviirt-r
12%
13
640
i
r...r.:.
40c,
45c
79,600
40o
48c
52c
15,500
37c
,-y-
£
50c
4.50
58
58%
v;,'/
9
117
..L—
.
Fleet Aircraft..
*
4%%
Pow
I General
8%
37c
,
100
-
3.65
3.75
—♦
18
—100
110
class
A...
General Steel Wares 'common..—...?
21 Va
Giant Yellowknlfe Gold Mlnes...^—.1
Lake-Porcupine Gold
1
6.50
6.20
Gillies
Glerora
Gold
••••.
4 ■
'•
V
Feb
75c
101
45c
Jan
111
;
20 %
6.00
....
€.00
24
32c
»
7,142
1,000
,13c
July
July
Jun
^,v,-./22c
Feb
8.75
68c
Goldale Mine
I
35,900
57c
Jan
■
22c
Aug
39c
32c
33c
4,100
4,300
19c
1
2,000
24%c July
Gold Eagle Mines—
..1
9c
12c
..
m%
83c
85c
2,400
7oo
31c
310
500
28c
27c
30c
24,100
2.80
7,100
......
,
Golden Arrow Mines
Golden; Gate -.Mlningi.—.;..—
.
Golden Manitou Mines
f
lie 12 %C
Goldvue Mines
--
37c
,i
Goodfish
.
Tire
Rubber
&
„>
'
7c
'
84c
*
14,000
3,000
—
530
14% Jan
21
Apr
30
370
28% July
35%
Jan
50
20%July'
12
150
18% Jan
11% July
975
16
190
56
;Jt
Gold.—
■X:
24
56%
/
>25:,//
90c
5c // 5c
,
33d
•
/
23c
■
•
,
-:
.
..
Gold
Mines
Ltd
Halliwell
11%
11%
.20 %C
21 y4
34c
Gold
30%
28
31
1,640
64%
66%
•640
54
54
5
5%
5%
500
-
16%
:
Mines——
—l
Mines
12%
65c
1
Hunts
-
Jan
35
70
Jan
7
Feb
30%c July
14
59o
Mar
18%
-
Oil
&
4c July
18% Mar
10c
85
11
July
12%
65c
July
31c
70
45c
—
427
1,000
5,200
,12
34c
42%
12%
615
16c 16 %c
42%C
Jan
May'
81
Jan
320
Jun
July
45c
Feb
40c
38c
July
49c
July
common.....
21
May
30% Apr
13% July
7
Aug
16% Mar
28% Feb
12
Class B
-.
July
6% July
24
.
30 Ya
Jan
24% Aug
•
new
1
2.25
...n..,—!
30c
—
Bidlamaque
150
-Apr
29 Va July
.
3.25 Mar
Jan
2.10
2.25
30c
35c
1.25
28c
July
60c
Jan
26c27l/2C
24c
July
July
30c
1
11
July;
19%
62c
Apr
1.25 July
4.40
/
18,800
4,200
865
10%c
1,100
13
375
36c
■
Mines
30c
Jan
Apr
5.65 Feb
•'•.:
:
:
—*
54
55
1,850
54
60c
2,700
48c
6c
6c
1.000
6c
1.65
72%
Aug
July
,
Jan
1.05 Mar
,
15c
July.
Mar
2.24 May
1.03 Jan
1.84
29.784
14c
14c
15c
10,500
10c
July
33c
Jan
48c.
47c
50c
5,300
30c
July
95o
Apr
9%c 10%c.
8,000
8c
July
22c
Jan
70c
Io%o
,
1.40
Feb
9%
Apr
3.85
Jan
72c
75o
1,700
6%
6"%
6%
200
1.95
1.95
2.00
4,375
49c
49c
500
47o
Jun
80c
43c
43c
900
40c
July
./ ,90c
Jan
20c
15c
20%c
21c
2,500
]9c
July
37c
Jan
19c
23c
11,110
15c
July
43c
Feb
10,000
16c
July
57c
Jan
•
—.
July
6% July
Jun
74c
Jan
Ogama-Rockland
73C
Feb
Okalta
37%
Jan
50
K
May
30c
July
2.55 July
54c
1.83
.1
Northern Canada Mines.——
*
North Star Oil common
——*
Jan
Aug
.
54%
—
/Northland Mines
July
7c
July
:110%' Apr
10c
:
55C
North Inca Mines
34
-
3.00
—
Norseman
Jan
35c
lie
:■./ 5c May
2,500
50
3.00
33c
15 %c July
266,350
Noirmeta) Mining Corp Ltd—.—*
Feb
July
28c
13%c 15%c
3.00
Norgold
Jan
2.75 July
24%c
—5
Wftfftnrta MHIM
Jan
63c
13c
27%c
15y2c
Mines
Norbenlte Maiartic Mines
3.60 Jan
July
;
' 1.10
V,.
m,.
.,,
■'»
—
-
Oils
*
May
30c
Jan
15
OXeary Maiartic Mines
•
Omega Gold Mines
———-——1
Omnitrans Exploration
1
Jun
/;V
—
21c
19c
22c
-f
861.
Feb
91c
25% Feb
22
May
Jun
16c
38C
TVPrlm Gold Mines'
45c
42%
70
278
..
khh
2.70 Jan
1.25 July
4,000 /
34c35%c
;/42%
77
298
Jun
18% Aug
102 /July
July
May
ii..-./.---
Trust
2.52 Jan
59
Jan
20c
5,500
ioc
page
14c
•
1,205
2.95
1.24
l.OO July
71,250
11%
A__
see
;
76
298
Nipissing Mines
Jan
7c
*
Jan
20 Vac 20%c
—
Jan
7c
18
Feb
12% Jan
Jan
52c
New Calumet Mines—1.25
Newnorth Gold Mines...]
• 27%c '
16% May
35c
27c
95
Apr
Mar
-
17c
Feb
19%
Lac
Grocers
22
,,
Feb
1013/4 1013/4
—.————
75C
36o
.
<
Aug/:.::
38
11
—i—,
Negus Mines
21% May
July
15c \
•
...—
...
SyaC Apr
,
Jan
30
July
1.50'
l8cv-:
55c
■
Jan
13c
25c
18c
18%
Jan
.1,70 Mar
•
July"
6.65 July
National Stpel Car
21% May
16c
15C
>-
Gas
Mining Si Smelting.
footnotes
18c
2.94
Mines—
class
19% May
5c
July
1,700
1.40
6,005
Jun
76%
Apr
4,000
15c
.7.75
26%
,
66
3,000
Hosiery Mills class A.
National
Jun
36,000
1.25
8C
12% May
Jul?
July
Jan
17%
& Power-
Heat
Preferred
Aug
5%
V
National
Jun
54
125
18
v...—*——
Mylamaque Mines
Apr
Jan
Jan
25c
20c
1,300
,55C
Corp common..w.^.««~
National
71c
1.24
MB
26c
Maiartic Mines.
For
65c
1.50
———.—
Yellowknlfe
Ltd
19
Jan
47
7.05
3,840
/
Locomotive
Mosher Long
Jun
26c
17 %c 19 %c
20c
23c
18c
20c
Hosco Gold Mines.
^uerh
.
:
Bay
5%c
12
•
Light
Nicholson
■
%/'./■
Oil
Hudson
Moore
May
11% July
lie July
7.70
common
Porcupine
Montreal
'May
58
42
1,000
1,000
12% ,12%
19
Hollinger Consolidated Gold Mines.
Gold
6%c
125
15
•
preferred
.
Class A
July
•
180
Knitting
Montreal
'
1.15 Apr
-
25
5%C
19
/-//si-'
Gold Mines
Heva Cadillac
Howey
New
12%cMar
52
280
21
6c
v
Hedley Mascot
Homer
17
21
;
Headway Red Lake Gold
Homestead
July
July
1,175
35%c 35%c
■
—i
Hasaga Mines
Home
vi
Moneta
July
7%cr l
7%c
Containers common
Monarch
Jan
2.90 Apr
35c
Jan
33c
1,100
21
•
Harding Carpet-—
Hard Rock Gold Mines——«<. —1
Harker
Modern
Jatt
40%c
_»
1,500
.
V* Jan
July
80c July
4%c July
5,000
a
/.
23c
21
32C
21%
Model GilS
V?
New
Gold
Harricana
Feb
79c
99% Mar
:M 375
lie
...
/ Hamilton Cotton
1
40
11%
"50
•
„
237
>
preferred——
1 Haicrow Swayze Mines
:
;
/
55
...1
Gypsum Lime & A1 abas tine
Hahn Brass
.
115
66
Paper common—.— —•
1.30
.
5c
,
1,000
54
Preferred
Gunnar
5c
55
Bouguet:
,
•
5c
115'
•
A
8c
Jan
Gas
&
Mining Corp ...i.—
Feb
25c
July
2.00 Jan
3,500
7,400
39C
UC
McKay class
Great West Saddlery preferred
v' Greening WireJi.i—..
,
5c
..50
Great Lakes
-,
35c
July
July
July
Jan
Oil
.
56%
85c
90c
--
17%
11% :
/
25
Mines
Feb
Jan
19%
..J
Lake
2.20 Jan.
51c
45o
,
July
17%
56%
.1
Red
17% May
15%c Jan.
19%
common..
Mercury Mills
Jan
Ma?
29%
iKii
Red Lake Mines.....
IOC
30
—
Porcupine Mines——
Jag
3.75
•
19%
20
Gold
5.45 Jan
//95c
July
12c
Feb
17%
...
A
:
sr'.ifv.;:'
■
/I
vV'^V*' jw
/.*
!
a-
V.
.
*
•
!r v<:
.'Oj,
^
July
3.75
Apr
5c " July
60c July
21c July
.
;/ i,ooo
25c
84c
23 %c
14c
———,—.
1,000
14c 14 %c
84C
common
//
Jan
35c
July
July"
1.50 July
13
7c
Feb
// 7.50 Jan
2.45
3c
Apr:
5.00
38c
-V
23 %c
McWatters
150 May
45c
Mines.
-1
McMarmac
•
Feb
'
common.
Preferred
Gordon
>
-
——————.
Goodyear
Graham
'
...1
-
8c
34 ../May';.,;1:-,
Aug
1.50 July
._1
Jan
July
35
,
•
Feb
3.45
[
2.50 July
4—....
Jan
,86c
——
class
Jan
1.46
1.02 July
July
July
-I
Grain
1.55
Jan
37c
27c
preferred
Apr
2lo
McLellan
;,;-r..87c-;:Feb.-a
16c
2.65
;...
.—
/
Jan
30c
Gold
May
.
23%
-
26% Jan
-
.
Jan
20c'
70c
July
27% Jan
Jan
8.75 Mar
25
3.05 July
Lake
Mid-Continental
88c
19c
Goldcrest
1.46
26% Mar
1.74 July
A
Jan
Apr
19c
July
:
V* Jan
65o
1.20 July
Mines
'
McKenzie
Feb
-.
Jan'
Jan
11
Jan
18c
Gold Fields...--..—-.
Mclntyre
Feb
425c
_5c
29
7%c July
25c July
35c
Jan
55c
5.55 July
20'/2
19%
McColi Frontenac, Oil *
•
■
:
16,000
2.30
/ 2.90 Feb
.
9J/4C July
16 //AUg.:/.;
Lake
Red
McBine
Jun
7%.-Apr
21% Aug
i
Feb
July
Mines
Apr ;
Feb
July
July
Ma'cassa ——..L
McCabe
4% Aug
10% Mar
1.76
85c
Aug
4.55
Jan
/ 17%
24 *4 Mar
"Ltd—.,.**—.
Goldfields
Gold
37c
:
July
23c
Feb
2.25
Aug.,,,
16c
Preferred
Feb
105-
Goldhawk
Jan
99c
Candy
Massey-Harris
July
5.55
6c
75c
Feb
21c
July
40c
'
"65c
July
July
65c
6c
45c
•
15,380
July
1.20 July
Marlon Rouyn Gold...........
Martin-McNeely Mines
'
God's Lake Mines Ltd^.'.^..—
May
10c
Marcus Gold..
Jan
Jun
5.05
1,833
July
11c
36c
21,405
/
lie 11 VaC
Maralgo
8% July
32%
13c
5c
8c
55c 58 %0
71c
July
Maple Leaf Milling common—.,
;
.f-
13 % Aug
Aug
17% July
50c
8c
8c
July
4c
Manitoba & Eastern
IVa July
20
25
45c
49c
55c
Apr
Jan
18C
'
———.—————
Maiartic
Jan
110
2,uuU
Mines;, Ltd_________
Gold;'
Madsen
.
July
•
500
5c
MacLeoa-CocKsnutt Goia Mines..
May
14
13
6.60
13c
1
|
2.90 July
180
-«/
18%
♦
100
155
5%
July
May
33c
10
1,625
119 c
5c
.
class
Jan
41c
1.25 July
MacDonald Mines
125 Aug
24c' Jan
23% July
3,300
'
; no
-,/4%
21%
18 %
.
*
5
1,040
18%
110
4%
—
Mfg
18
2,735
,,
19c
Magnet Consolidated Gold
6% July
12% July
60
25%
3.65
^..
common
Products
13%
:
—
Groceterias
Feb
2.09
11 % July
i...*,—...,;—
Mar
27%
July
15c / 17c
15c
22% July
66
-
Jan
8 %c
30
24 %
preferred—
5% preferred
/ General Bakeries
6,500
*'•>.'.7%
24%
•
Exploration
Gatlneau
.l«
«•!<^1
:
13
-
5% Jan
90
/ 12c
90c
>
Lynx Yellowknife Gold
•
36c
_*
Gold
Ltd
4,590
6,?co
Y
*
—
July
47
July
/
Gold
Louvicourt
Feb
6.35
35
■
1.35 Jan
Mar
75c
24
Macfie Red
48% Jan
'580
100
Ford Co of Canada class A
Frobisner
08
V:";
Jan
;
7%
.-i....-.—-.-*
12
175
13,800
1.05
Mines
Gold
Fortune
.Glass B
1.45 Jan;
July
1.08
—1
Little Long Lac Gold Mines Ltd.
15% Jun
4.20 July
1,030
10c
■
Class- A
Feb
4.60 Jan
.
-Y;/, 1,760
Lingman Lake Gold Mines.-.—.
3.35 Jan
Aug
17%
—
Lexlndin
'
-
:
Jan
106
I
/ 35% July
'? 16% July
& Exploration..
Gold Mines.:
Laura •secotd
May
13c'
;
,/ 17 %
Lang &
•
825
;
125
9C
"
-
9%
9c
—
9
124
Preferred
——.100
Federal Klrkland Mining.. ———..I
common
4.60
58%
Federal Grain common.—
July
1.15 July
17%
:
——
Lamaque Gold Mines.
Jan
58c
Gold
Lapa Cadillac
Lapaska Mines
July
62c
;
H2
Mining
Lundward
21%
Jan
1.65
29% Mar
37%
Dufault Mines
Lake
,
20%
21%
6o
.
Jun
80c
102% May
36%
———.
Lake Shore Mines,
•
July
1.60
10% May
V: 45c
Lake
■
"
July
10/':
37
»
•
■'75:.;/:
(John) .—.*—.-^-.—^-4--^.
Laguerre
1.85 Jan
2.25 July
13
•
,
16
July
■
32%
32%
4
Townsite
Loblaw
6%c
ib A -Vi
/76c
Lake
Labrador
•
Jun
20 t
>•'
July
19cAug
1.55
Aug
30% Aug
17% Jan
Jan
13% Jan
•V 27c July
Mining—————
Hudson
Labatt
-
May
28 %
85c
30c
July
20
Jan
13% July
5,440
103% 103%
.»
Klrkland
30 y* Feb
July
33c
Fanny Farmer Candy Shops-..-——I,
Freiman
M 4,500
1,000
r". *
Players new common.——...*
Francoeur
60c
700:
32%
I—*
Mining
—r—
Klrkland
Feb
28%
-Fan1 -v'
13
-
33c
-Palcohbrldge Nickel
•
.'a- 80
12,400
10,900
.
Fittings Ltd
'
80c
1
Quebec
Leitch
18
80c
Mining
Kirkland
Jun
23
Feb
70c
,
'
• '
_
Mines
Kerr-Addison
Feb
50%
23% Mar
33c
Eldona Gold
Famous
23
245
i
/:/'/•■- -520'
/' 8,200
-
Kenville Gold Mines
May
>
Jatt
6%c
common
-
20
21c
1■
new
Walte
-Kerr Lake
•
19c
East Maiartic Mines
Gold
Kayrand
Jan
15
12% Mar
1.06
East Amphi Gold Mines
Crest Oil
East Sullivan
Eastern Steel
115
1
^
—.—
Jellicoe Mines.t—-
Jun
30
Jan
230
v
..J
*
;
65c
East
•
i
28
18.,
Mliies •:
Uranium
Joliet
-i,
Apr
."39
4% Aug
45
10
38c
/•'-' ~"
32% Feb
Jun
Jan
•
Jacola Mines
30
21% Mar
160
V/:
:
'
26%
27%. 2,7%
Don a Ida
?.
-
17%: 18%
26
common..*
Duquesne
>■
"...
47„/.\; 47
v
14
15%
35c
■100
—
Petroleum-
Jack
May
23
July
7%
High
107
Jan
28
14%
'
30% July
1.50 Aug
--
29
1,585
/13%
/£
Feb
1.48
.
13% Mar
465
v.
10%
•
Chemical
July
20% Aug
155
:
—
International
1.90 Jan
100
18%
....
Dominion Woollens
.
1,215
28%
18%
:V.
30%
May
30c
JuU
28%
17
14
h •£'+.,;
Feb
3.05
Jun
i.
W
';
24
70c
28%
—
&
88c
10
.....
Tar
6,300
1.50
20%-f 21%
;
Dominion Steel class B
preferred
International Nlcicel Co common—
//
Aug
16
Mar
58,000
30
1.25
Dominion Scottish Investments com™1
Preferred
50
Dominion
1.09
29%.
.-.—.25
Dominion Magnesium
Dominion Malting common
4'/2%
■
International
27c July
20Vac Jan
1.55 Aug
'15c
95
55
38c
1
International Metals 'class'A.—
;
{
|
--Few
1.15
;;
13% July
1.75
•
;
preferred—
Stores
July
1.55
J"
2
2.00
Aug
12o
15
Dominion Foundries & Bteel
Dominion
20c
6,500
14
1.50
Bank
Coal
14,700
14
1.02
:„w
common
Diversified Mining
Dominion
25c
12 %c U 13c
15c
,
inspiration Min & Dev el—
-■
.
Feb
55
Jan
May
1.30
Discovery Vtellnwkniffl
Dominion
80c
1.61
—
'./86c
/ 1.00 July
14
Nickel Mines.
Dickenson Red Lake
•
July
Jun
43%
90
14%
'
1
—
——
"Jason Mines
13c
...
22
29c
25
:
20
'
■
Feb
2,400
106
/
Low
y:
■
70c.
14,300
—
Apr
July
•V/
19%
--
30
OH
—•
imperial Tobacco of Canada ordlnary.5
1.95; Feb
25c
46
__
Range Since January 1
High
106
Bank
/';/• Indian Lake
Apr
21c
21c
*
...
188%
32
88C
■
Imperial
-
Jun
28% July
85c
v
///
20> •paid,:-—,,——.——
Imperial
Apr
3,775
2.00
:
.
Jan
4,800
55c
//
Shares
'
Jan
46
._l
B__
1.05
■
1.38 Apr
2.75 Feb
July '
8
Apr
*
Low
Huron & Erie common
/..—. .100
Jacknife
88c
——
class
19
Jan
90o
150
32c
1.15
173
-
30
30
45c
1.15.
1
Denison
Dome
27c
-
7,400
21%
29%
100
D'Aragori Mines
Davies Petfpleum.
Distillers
211/2
50c
Coal
Delnite Mines
115
27c
I
:—:
Crowshore Patricia Gold
Leather
350
30
Crolnor Pershing Mines
Nest
97'A
178 179%
91c '1.25
178
Imperial Mills
Cournoi* Mining
Crestaurum Mines
Davis
96
.100
14% July
of Prices
Par
5.00 Feb
;
Hales
for Week
Range
Sale Price
STOCKS-—
High
Jul?
16
50c
Consolidated
Crow's
200
Low
2.40
1.55
Yellowknlfe
Coniaurum
Cosmos
7,500
January t'i&Zk
...1
Lake
Colomac
3.20
Range sine©
High
2.85
3.20
»
Last
Shares
15 Va
1
Week's
Friday
for Week
of Prices
Low
Cocbenour
MARKETS
Sales
Range
Sale Prloe
LISTED
RANGE FORr WEEK ENDING AUGUST 9
Tw'-wft''-:■ .vt'wiilwj,;.
l-
•'
1.53 July
;
Apr
THE COMMERCIAL & FINANCIAL CHRONICLE
LISTED MARKETS ill
CANADIAN
■rn-mm
Friday
STOCKS
Week's
.
Range
Crush
common
Shares
Preferred
/ Orenada
1
Osisko
Gold:.RdDtneit
,......1;■
Pacific
Page
Parbec
21 Va Jun
220/
Apr
20c
1.02
95c
66c
60c
..i,,,—!1'
Ltd
Mines
80c
Gold
Cnrp
>
,
f 32
755
7c
July
July
70c
Sterling
Stuart
July
8Va Feb
.T 1.16
1.25
4,350
500
15c
2,600
10c
July '
July >
4,000
12c
July
2.85
2.85
46c
46c
)I 35c
29c
29c
July
July
40c
40c
10c
12c
1
12c
14c
1.00 July
,
.,
'
Trust
Sullivan
Surf
Feb
18 %c 18 %c
,•
—...^.100
50c
Pen-Ray
12c
Gold
Mines
1
.
13c
Perron Gold Mines.
Pickle-Crow
Gold
1.35
'
Mines
1
—.1
4.35
1
Pioneer
Gold
Mines
of
B
'•
r-
v,;
:.0r.v-
••
Cons
Inlet
Mine*.—
Consol
Onld
.
River c.n
r ■ ; $'•
Rouyn Gold....—— 1
Voting trust certificates——!——.
Power
Corp,
Jan
Feb
Feb
1
*
.Preferred,
"
*
'
f;fi V
•
Quebec
.
'
...........40
.
-"^V: .C;',.'1; '
Vw
Gold
'
Lj ■'?
Reno
Gold
Richmac
Mines
1.70 July
Robertson
Robinson
July
July
1.45
1.55
"" 55
,
Class
Jun
B
Royal Bank
—
Russell
;
Industries; new
..-,....1
Preferred;
13%
Tj>1tb
Wekusko
12 %c 12V4C
Class
A
38c
Jan
64c
16
■t' SannoritT Mines _l___.—.".—
Senator Rouyn Ltd
Shawinigan
—...
{
Shawkey
I' Sheep
...
Creek—1
.
22 %c
24c
62c
.•
39c
39c
>
■
.
Silver
new
preferred
T.tfl
100
Preferred
fv
I
Winora
■■
v,
—100
new
30%
Gold
-1
Mines
iv Bladen
MaiftrHe
33
105 107%
70c
65c
|
|
!
■
•
U
■
'■
h&
27% Jan
40
Jan
37%
101
May
Jtily
59c
4,000
30%
30%
35c
65
20%
250
Standard
Paving
Preferred
common.—.
common
.
.
;
34
23
July
Apr
1.50 Feb
1.55
11
1,175
10
Mar
16 V4. Feb
7
7%
95
6% July
22
85
18% Jan
25
■'*'
19
ti.m
\rnmmmm [!,.m
%
m-m;,•'
90c
3,800
19
•
27 Va July
75C
150
,/
;12V» Jun
1.50 Apr
July
17
Jan
'
m:m:?
23%
23%
-
>«
ftps
v
|pl
Feb
Jun
5
-
24
20
24
41
180
25
/ 3,400
* 95
/' "910
41*
-
—.
1.68
1.64
27
28
48Va ' 50V« -
—
50 "
119% 119 Vb
—
——100
1.68
75
75
25
July
173
June
3.80 Feb
61% Feb
May,
2.80Mar
/
52
'
July
15% Mar
7
July
23%
Jan
39
.
Aug
45% Apr
.
.
116
July
144:
5
56
Jan
85
;
& Shop
Temlffkamipg
i'/
~
1
2,236 /*
18 ' July
115 V
'" 6,000'
" 9%c July
24
3
22.
—L-u——U—3////;. 3
"
^
10c"*, 11c
1' '"^ " -r
i
.
v'
'
'K mi
\
■■
■
•
'
'
•
:■
*
■'
:
•
7,
•
•'
•
'
•
m
'
•
■
"
mmm ymm '/;/.':7: ■'•////7/
mmxm'mm
'
:7. i.
:
l*.V!
K
'•
%
'
■
7:
:7
'm
'.VM '5 iV-!''lh m
.■
■
fi
■
.7,.:.,7
wmmmm
mmmm
i-
'*'5.7'/7'/v-.'
m
|j|/
•\V
•
■
'
•
.
•
Apr
Jun
27%.May
Apr?>
33c> Jan
.■
-■
'
w-/ •"
■'
'
::
v.?
.....v
77
V
/:>' 'V .'"v }".A
f-
•! m*
7:/'
■,,r m
■:
mm
V'v i
■■
m
•■/
■
-/z m* mmmm
.
-
•
■
...
.
.
■■
' 7
|WmiSM
m-
,■
;
.....
v/r'.i
.
,
10
75
Apr
24
1.50 Jun
2.15 Feb
23% Jan
" 39
Jan
"44%Mar;/:P-;"89.://'Apr-/.
-mmm' 'mmimmmmm
-
mm?
149
5,866
*
,
23% July
75
fi:
..
861.
Apr
•
i
page
29
,18,
Jun?
14
2,500
20%
Ontario "Paper—23%
Minnesota &
Stop
-
20 Va July
1
ii
//k'[ *'
)rn-J
see
35
Mar
8% Apr
104% Apr
23
.
100
*
19%
Steel
i
For footnotes
27% Aug
4% July
78
July
50
15
163
163
3%' "3%
55
53
t
—
*
.
.V
55
••^7.if'//
/wv
•'i:,1.r*
-
common
I*,
<■.
1,117
80
,
■-
9% May."
10% July
7': 25
5%
,
24 V4
17%.
w
3V#
—/
^.*
international Paper commons——-13
Preferred — .————>100
Hayes
10% May.//
8% Jan
'
—
Jan
Langleys preferred
t
11%
Feb
High
Low.
185
24V*
16
23%
1
Foothills OU As Gas
89c"
May
6.55
Range Sinee JansAry 1
29
20Vt
July
July
7'
29
July
14% Mar"
High
80
24 V«
.
Westinghouse
22
90c
—.—.*
Consolidated Paper
90c
11%
fitarratt Olson Co.—.—..
Bros
Canadian
1.12 Jan
Jan
18% Jan
65c
.
27%
5%
Lumber——2
600
■:
Feb
43c
,14c
Shares
Low
—.
preferred——„w—*
Western
5,200
-
Feb
Apr
Sales
firWadl
2^
Industries ————*
Canadian Vickers
71c
22
Standard Radio
Stedman
Canadian
1.40 Jan
1.09
•
Stanley Brock class A
{
Dominion Sugar
10%
•.
July
3.85 July
Week's
Range
j
•
Canada: Vinegars-
90C
•
15c
May
105
Jun
71C
J V;,.
:f
May
108 V2 Mar
July
25
*
■>
*
Airplane
Dominion Bridge
1.09
Jan
23%
26
4.00
Jan
30c
/ 21%
12% May
94%
ef Prices.
•
Sale Price
Par
Asbestos
deHavilland
00.
Standard Chemical
Friday
Jun
\
Springer. Sturgeon
Stadacona Mines
36% May
Mar
11 %c July
15c 16%c
26
3.95
26
Jan
"25
15
100
100
30
Excbango-Gnt Section
'//;
Preferred—100
24
10,720
45C
.
Jan
/July
24% July
32 V«
14%
Brown Cot common———————1
8d
20%.
20%
Mar
230
-
'
Jun
75
73c
40 %C
43c
20
/,60c
Jan
155
13c
.'Last.
Feb
Canadian
' iwinea
July
1.69 Jan
Canadian Panda
Jun
60
•
•
,
■
i■
25
3fl%
—
STOCKS
.£> *i:i>
Slater (N) Ltd^.^
Southam Co,
,
;
36%
105
/
18c
230
11 %c
I6V2C
'
Toronto Stock
18 V2
1
—
230
..,
106%
33
55c
Jan
6Y2 Aug
36%;
July
Apr
I8V2
it.'
28c
24c 24 %c
25
cnwwnit
2OV2 July
r, ':
23 V4 May
Feb
17 Va
•33
Siscoe Gold Mines
%
——-•
Combing
———5
Wright Hargreaveg Mines————*
2.08 Jan
Class- B. new
July
July
80c
17c
82c
1
new.—
75c
—
__
Canada &
Simpsons Ltd class A
(.■,
156% May
59c
15'A
1.63
Preferred '//.7r,n»
Woods Dairy
Feb
20
75c
15
*
ju/;7-New
75c
Mar
108%
20.05 20.10
50 c
new class A-——*
.
156
149
..
75c
.
40c
26% Mar
.
New class B'.——
'
3.80 July
14c
64c
23%
40c
—..1.
| > Silverwood's Dairies
12c
4.45
230
15 V* May
7
12c
4.30
24c
Jan
—
5.10 Feb
12c
May
—
16% Feb
15
3.65
—
3.10 Feb
10%
16c
son
—i_.
13% Feb
1.93 July
♦
15 V4
—
Jan
2.35
•
——.1
I ''Sigma
//' Silknit. Scrip
8 Ye
11%
'
Tmir Yankee
25c
60c
23%.
r„^f
.
May
York Knitting
common———*
Mines
58
Feb
Gold
new
Jan
Jun
Pherrit.t-Oordon
-
40%
Jan
Sick's Brew
5
I
51V4
6
1
rr^t1
51V4
14c
._*
..
Jun
May
lOrt
Jun
112
—1
.-—I
-
32
31
1
.
9% Apr
39 Va Jun
.100
—...
Jan
45c
July
Mar
Wiltsey-Coghlan Mine*
1
ll%c
Winnipeg Electric <x»mmon——Uu—15
25% July
62c
Jan
'
Sand River Gold..
17c
26% Jan
29
Feb
1.57 Mar
——50:
—
San Antonio Gold Mines Ltd
,
20c
Apr
12% May
24
Western Grocers preferred.^
Westeel Products
Jan,
26
9% Mar
4.45
I
Consolidated
1.80 Jan
15% Jan
,
Apr
July
35
.
25%
West Malartic —————1*
22c
16C
Mln»v
July
29
25%
'
OnM
Mar
9% July
11c July
1
Mines. Ltd———•
Walkers (Hiram) common
—*
49% July
16 V* May
common
/■7 St Lawrence Paper preferred
<; 18c
14
85c
,
Apr
July
170
—
10%
*
common.
21
2.40 Feb
65c
Jan
—
Wool
i VSt Lawrence Corp
Feb
May
1.25 May
80c
July
25
12%
.
10'/8
1
Mine
21
10%
.
-
Apr
45
16C
5.35
11% May
34
20c
;
—*
——
Waite-Amulet
———10
;
Lake Gold
-y..--,?'•".
26c
142
1.15
11
.•
Villbonna
*
Rush
34
1.10
—
Ventures, Ltd
Jan
•
Co
'.
11
2.15
Jan
1
Oils
13%
..
2.35
Wanton*
Rouyn Merger Geld Mines
/
11%
Apr
39 Va Apr
16c
Roxana
'
*
Upper Canada Mines Ltd
93c
13%
7% Aug
.
1.20 July
33c
United Fuel class "A"—————60
United fltiftaiv
: -.y..
* '
24 %c
45
5% July
168
12%
__
A...—— 1
—
40c
12%c
1
32%c
168
4
—100
Transcontinental Resources ——- *
1.10
--Twin/ City ■ comnmn ^^..—>
23 J/2 c
13%
—1
"
..
1
Trust
2.15 Apr
Feb ""
35
'
Roche Long Lac..
Rochette Gold Mines
Mines
1.15 Apr
1.25 Feb
common—J—"1.!
(P L)
———I
Gold
General
Iron class A
Traders Finance class A
/. Apr
4. Apr
—
Cotton
3.05 July
45c
Toronto
Jan
Jan
15
42c
v
<,
12% Aug
48c
Tombill
221/2 c
22V2C Feb
July
"Jan
—
1
——*
27% May
51c
3.45
3.45
1
———
Gold
Riverside Silk Mills class A
Jan
11% July
56c
Union Mining ;
United Corp class
1.65
——————I
Jan
21%
12%
*
Union Gas Co———
Mamtou89c
Queenston Gold Mines.—.——,1 £v A 70cr
Quemont Mining
r
—
1.00 July
.
50c
Toburn
-Apr
Apr
36
Quebec
Regcourt Gold
1.05
50c
3.30 Feb
Feb
51
1.95
July
Feb
26%
52c
17 J/2 Jan
17Va Jan
54%
jv^V'?}.
Feb
1.09 Mar
4.10
26%
54c
July
8c
1.00
"f
—
3.85
1.50 July
11
1
«
•
6%
Aug
13V2
3.25
July
3.50
July
!
.
2.15
7%
66C
2.10
•..
Purdy Mica —:—•
1
Purity Flour Mills common——__10
:
45c
.385
52c
13
1.50 July
55c
2.50
10
Apr
1.75 Jan
1.75 Jan
1.65 Jan
1.65 Jan
.j.
1.90
2.35
Jan
23%c Jun
July
Teck-Hughes Gold Mines
—1
Thompson-Lund Mark Gold Mlaes——•
Thurhois Mines
—
I
7.70 Mar
7.70 Mar
29Va Feb
1.65
-
9c
12%
7 V2
60c
——1
1.80
"53c
1.05
—
70c
—'.
—
Premier Gold Mining Co
Preston East Dome.
•'
.
55c
2.45
Mar
23
45c
10c 10Vac
1.80
•
l
Taku River Gold Mines
Jan
Jan
570
57c
July
■
26c
4.95 Jan
4.95 Jan
3.80 July
tdk
/25c
«
105% Aug
23
10c
_50o
—
Tamblyn (G) common
!
Taylor Pearson & Carson common
Toronto
Powell
f
t
.
,
Gold—
Mlnpa
Feb
Feb
•.]-<
Powell
Jan
.
Jan
Jan
1.95 Jan
July,
2.70
35c
Feb
4.45
1.06 Feb
1.06 Feb
1.00 July
3.25
C
Porcupine Reef Gold Mines
23
Apr
:
40c
105% 105%
—
:
Preferred
Paymaster Cons Mines Ltd—— *
2.80
Oil
Sudbury Contact—jL_1-./l_-1
1.65 Jan
1.65 Jan
35
28% Jan
16C
2.55
...
Jan
Jan
18c
18 c
-
95
13V2C
2.60
preferred—23
Sturgeon River
.1
25c
85c
Jun
High
93May
89
May
2.50 Feb
2.50 Feb
July
Range Since January 1
88
89
,
13V2C
Shares
87'
:
..
r
for Week
-
High
%.
fivlvanlta
1
Malartic
80c
3,000
4,000
32
—
•
1
8C
86c
86c
July
July
6
/
Mines
Bteelov Mining
87
25
«■*.——
Range
of Prices
low
common—;
Preferred
Jan
Jan
57c
57c
July
Sale Price
Steep Rock Iron Mines—.——j. *
7VaC
Cadillac
Paramaque
14
40c
i-new)
Porcupine
Pandora
J-*{f4-
•
Par
Steel Co of Canada
26Va Jun
——;:;i/;;/6%
Petroleum
o * w vao
/•
13'/a Mar
55c
■
High
18 *
*
22c
—————
Hersey
Pamour
*
Low
1
Oils
•
•; ,v.vv'v
.
1
Ottawa Car & Aircraft
>' 'v
;
23
17
.
1
Mines
v
Range Since Jsnosry 1
High
22 Va
22%
.
I1.0.0^
Lake
Pacalta
*
*
Orlac Red Lake Mines
Osulake
Low
---•
*
i-£
for Week
of Prices
Par
Orange
RANGE FOR WEEK ENDING AUGUST
Sales
Last
Sale Price
Monday, August 12, 1940
■j-.".
tVolume 164
*•*>•**v
A'/v
41c-
■
v
,#
jci.:?/?•
/.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4515
OVER-THE-COUNTER MARKETS
'V/
Quotations for Friday, August 9
'-/A:
>
For Quotations on Real Esfale Bonds
Specialists
Shaskan
OVER-THE-COUNTER SECURITIES
Firm
Sil
Trading Markets
Members New York Stock Exchange
Members New York Curb Exchange
in
250
ACTIVE
ISSUES
40 Exchango Placo, New York 5f N. Y.
,
Tel:
120 Broadway, New York
REctor 2-8700
Co.
&
DIgby 4-4950
BeU
Teletype NY 1-053
Phone:
Tele. NY
Established
1920
Direct
Wires
to
1-1287 & 1-1288
York Security Dealers Association
Members New
CHICAGO
—
Reorganization Rails
PHILADELPHIA
(When,
Bonds-
Investing Companies
Far
Bid
1
1%
7.14
Amerex Holding Corp..;
—10
American Business Shares
—1
39%
American
Axe-Houghton Fund Inc
Axe-Houghton Fund B
Beneficial
H
Keystone Custodian Funds (Cont.)—
Series K-1,..,——.-,^
20.48
22.48
Series
7.80
>
K->3
29.96
36.04
Series
6.79
10.36
Knickerbocker
20.99
Loomls Sayles Mutual Fund—•
Fund
St
94
Louis
&
...2018
San
.tl
1393
5%
79 ya
100%
.
Chirago Rock Island & Pacific—
f; Common
•
y'-S.
4y2S
81%
102%
preferred
Rio
Grande
103
78
43/'
•
79^
30
com
32
64
—
v-';v- y.j \' V t. > ■
^> •
St Louis & San Francisco com
Preferred
•
101
V
76
/
&
Preferred
50-year 4s.
Income 75-year 4%s.
40
»-100
.
Denver
Francisco—
;lst
7.54
7.04
.
9.63
19.52
—
106
91
Ask^
Bid
Stocks
104
2019
4%s
1st 3-4s income
,
19.93
15.76
—
income
Income
17.34
S-8
Series •.B-4——
9%
Conv
p;
32.90
Series S-1-—32.84
Series S-2-——....
18.13
5.65
9
and if Issued)
as
Ask
1994
Denver & Rio Grande—
-
12.33
11.36
;
Ask
41%
5.16
Foreign Investlng.lOo
OH shares.*
Assoc'ted Standard
Bid
Fat
10.02
9.14
Affiliated Fund Inc
ist 48
Ask
Mutual Fonda—
Aeronautical Becurlties
Bid
Chicago Rock Island & Pacific¬
82
V
.A
66
..
-j
,
A it
20
23
.
7.81
51
54:.i<
ir
130.24
58.51
5T.70
A*.-...ICS
9.12
10.03
1
31.22
33.57
Fund....—1
17.21
18.51
17,44
19.06
Corp———
1
7%
8%
Loomls Sayles Second Fund__10
Blair & CO-———.i—•
1
7
8
Manhattan Bond Fund In©—
104.60
108.96
25.53
27.45
Mass Investors Trust
22.61
24.44
Mass
23.05
25.27
Mutual Invest Fund Ino——.IP
Bond
Inv Tr of America.*——
Boston Fund
Inc
6
s
Broad Street Invest Co Inc
miiinck
Piinii
j
*
.
^
_
Common
„
.
.,.1
4.95
5.65
•
...,,--..1
34.18
36.75
17.41
Ltd
Century Shares Trust
-
Chemical Fund
16.09
Christiana Securitles com—.100 3,200
Preferred •
—too
148
Commonwealth Invest
Delaware
1
Bond
22.72
*
,
~
1.97
Balanced
1
.
Stock
:r..
M
Mutual
Trust
Fund——6
S9%
7.56
Fundamental Investors Inc-..—2
Fundamental Trust shares
19.06
31.54
2.68 ;
57%
■■
17.48
A—2
American
AiHanic*
9.26
10.31
American
Automobile.
stock
series
ft
"
shares,..,,,,9.42
Agricultural
/
1
<" ( *
Aviation
Bank
10.35.
Automobile shares..............
8.21
Aviation shares—9.60
9.02
Chemical shares—
.
,
791
-
.
,
Electrical Equipment————.
:
Food shares-—————..——
Fully Administered shares—.
"General bond shares.—.;.—
Industrial Machinery shams^
n
Institutional bond shares——.
>.
Investing
;.
8.70
13.20
14.49
7.31 A
9.80
9.45
10.38
9^1'>10.12
10.65
11.17
10.64
'■
13,69
5.95
6.55
7.74
.—5
11%
20%
Casualty.!)
12%
^ 13%
5.50
American of Newark
2%
19%
5.25
American
Re-Insurance
10
32%
8.04
American
Reserve.
10
18%
19.16
American
Surety
25
68%
Automobile
V
8.66
9.52
8.51
—
■
•>
j:,:' ^
11.64
12.79
17.51
Boston
.Petroleum shares—.....
Railroad Bond shares
>
.
''
9.51
15.42
'!
8.90
v
Income
Foundation
9.79
30.77
24'A
^
23%
>.
New
52%-
11.46
Franklin
13.41
14.73
i:-
Fire
Trusteed Industry Shares
Union Bond Fund series A
Pacific
~\St
Pacific
0 Preferred Accident
-
61:
—
67
Reinsurance Corp
,
St Paul Fire 8r- Marine
Seaboard Surety
23%
52%
551/4
Security New Haven
SpringHeld Fire & Marine
9%
11%
37
jj: 101
n
'
U S
I
Fire-.Tr_L,;:.\Q
116
-80;
118%
56%
35%
123
32%
_100
35%
^,.685
;
670
Fidelity & Guaranty
49%
58
:
__
Westchester Fire..
120%
'
33%
U S Flreil
U S Guarantee
27%.
.53%
25
32
,
.
?
10
Travelers
97
31%:
7%
:
10
Standard Accident...^
34
32%
28% -<>?30%
6%
25%
—12%
39
21%
.^41%
•t'-ify}
30
10
..2.50
,
15%
39 J
(NY)..
Fire
.
70
14%
10
(Texas)
(Paul)
107
90
iV,(
261/4
io
„
92
67
0
Providence-Washington
_B
American—
-7%.
.
86
jfl'
-
37
15
16%
26
;
102
Phnenty
V
15
.
Hartford
Fire....'-1 A,- A,;y, ;■ 25
Indemnity Co^.--...10
55
'
88
Republic
5
'
:
•V
6%
•
12.50
10
Marine
Globe & Republic
Globe & Rutgers Fire com
2nd preferred
,Hanover<
'
-
Revere
^10
0
0
&
Glens Falls Fire
Great
■
24%
Corp
River
33%
!
%N
A 33%
31
185
.
*64
:
General -Reinsurance
n-
74
59
10.43:
Fire
Northern
37
180
31%
2
Northeastern
37%
70
10
Casualty
55.
i
.20
Fire Assn of Phlla
Amsterdam
North
C: 24%
I
76 :
35
8teel
24%
34%
10
Fireman's Fd of San Fran
10
Firemen's of Newark-^
^...5
1.98
Common——1.94
..2.50
7%
isu*
,:.j
6i
A
90
37%
,
Fund Xne
Incorporated Investors««MM.M..B
7,15%
8.94
—.I0o
State Street Investment Corp...
>
^
52%
5
11.34
Standard Utilities
5.90
*
10
8.13
1.05
7.13
shares-..—5.36
Utilitv whares-w—;.
7.08
Huron Holding Corp—.—I
900
10
York
10.32
*
7% '
180
Hampshire Fire
•'A-
Federal
'
6%:
New
10
Fidelity ts Deposit of MA
68
170
New Brunswick
5
!
Employees Groups—
Employers Reinsurance
10.45
14.04
2
73
JO
.
7.05
20
27%
•
69%
Crum & Forster Inc
Gibraltar
*6.43
Tobacco
'
12.18
18.64
—.———..
National Liberty
National Union Fire
5%
25%
65
iff
-
I,
12.55
Tobacco
'4.18
6.48
/ •;
v
22%
14.60
—
43%
73
7.79
:
6.40
3.79
RR Equipment shares>^..».»»
Railroad stock shares
■'Steel -shares—
■
10
Petroleum & Trading-.,—20
30
Putnam (Geo) Fund———.1
117.33
18.63
Republic/Invest Fund-————1 ~ 4.66'
^5.12
Schoellkcipf Hutton and '
;>
Pomeroy
.>wl0c • 5%
6%
Scudder# Stevens 6s Clark
-Fund, Inc«—
:
115.41
117.75
Selected Amer Shares—_2'%
14;76
16.10
Sovereign Investors.—..
-J
7.58
8.30
5.84'
'
,
...
■
A Mining shares—'
>
-
------
Camden vim
10
11.42
..a..;.—■
10
33.09
Series
97o
}
60.50
25o
1.06
63.50
1.10
1.23
24.55
25.31
21.71
-
f
23.73
10.13
'
"
Union Common Stock Fund Bw-»
Institutional Securities Ltd—
Aviation Group shares..^—««,
17.09.
Bank Group share8.__.___.
.99
Insurance Group shares^—1.11
Stock and Bond Group shares.
17.28
of Amerlca~..10
Investment Co
Investors Fund CL—
Keystone
35.16_
Series
B-l—......
Series
17.31
B-4
28.60
......
,,
d
20.90
11.36
■
,
,
•
100%
100%
,
U S El Lt A Pwr Shares a
,1
101%
1970
102
IO2V4
;1.1961
98%
1976
...—
105%
1976
Kans Okla & Gulf Ry 3s/8S_1980
Laclede Gas Lt 3%s
1965
27.00
1950-1948
100.18
99.26
-
\ 0.90%
;
100.22
106
tDec
15.
Central
Central Pow
104
104%
Maine
:
Power
& Lt
3.50%
4%—100
107%
102%
101
103J/4
Ohio
101%
1976
103%
103%
1976
100%
101%
Public
1975
103
103%
Ruppert
99%
100%
3cranton
1975
102J/a
103%
Scranton-Spg Brook 2%s__1976
(Joseph)
2%s___1966
101%
102%
,'.98%
,98%
Union Elec of Mo
101%
102%
Union
&
Coke
3%s_1976
■
Seagrams
Sioux City Gas & El 2%s
1975
Service
108%
(Ind)
3.50%.
(Jacob) 4%%
.100
(Cal)
108%
104%
101
102
108
105
106%
107%
■;
•
106
108
106%
s
3 %%_—_.
$3.75
110
103%
3.35%
Spring Brook 4.10%
Sioux City G & E 3.90%
100
Oil
110
106 >
103%
3.90%
Serv
Electric
96%
103
107%
....
106.
102
Scranton
Gas
Public
99
-
95%
Pennsylvania Electric 3.70%.—
Philco Corp. 3%%-——
—
98
104%
105
106%
1986
1975
27/8S
Oct. 15, 1946,.
bl.10%
,,
107%
107
•106
—
Other Issuee
100.18
U 8 Conversion Ss_——1947
104%
1961
United Slates
100%
130
Int. Rate
1946.
Bid
Art
100.6
100.8
tMarch 15, 1947
IV* %
tSept. 15, 1947
tSept. 15, 1947.
tSept. 15. 1948.
1%%
100.21
100.22
iy4%
100.12
100.13
1%%■;-.101.2
or more 32ds of
1, 1946
t7/eS Nov. 1, 1946
t%S Dec. 1, 1946
t%8 Jan.
/V"'j
1
t7/8s Feb.
0030
S
bO.375
b0.375
0.33%
bO.375
bO.375
A
Sept. 19, 1946-
b0.375
0.34%
Sept. 26. 1946.
Oct. 3, 1946
Oct. 10, 1946
Oct.
0.34%
t:
0,33%
—-!
b0.373
—
b0.375
b0.375
1946
*
24, 1946——
Oct, 31, 1946——
——
-N°v. 7, 1946—-^.:———.—
0.35%
bO.375
17,
Oct.
A
Ask
0.34%
0.35%
0.35%
0.35%
0.35%
0.35%
bO.375
bO.375
bO.375
.0085
.0138
.0162
.0092
.0169
sale—not
.0)16
.0209
livered.
.0136
.0246
.0154
•
Bid
.
b0.375; 0.33%
Sept. 5, 1946
Sept. 12, 1946—
.0071
—
Ask
-A 0.28%
U;
^
.0050
1, 1947
t%s June 1. 1947
t%s July 1, 1947_
t%s Aug. 1, 1947
A-
1946..
_
1, 1947
t%s March 1, 1947
t'%8 April 1, 1947
15,
Aug. 22. 1946Aug.
29,
1946.
point
t7/aS Oct.
-
101.3
*
a
Aug.
Maturity—
Dollar Price 100 Plus
Certificates of Indebtedness—
Bid
Ask
t7/aS Sept. 1, 1946
.0017
.0071
100.7
100.7
-
treasury Bills
A,:";. .Rates quoted are for discount at purchase'
131%
Quotations For U. S. Treasury Notes
Figures after decimal point represent one
American Airlines 3 Vz %
101%
Bid
\
102%
Par
102
100%
Treasury bills—
''
102%
102%
99.30
.
'-100.14
104%
Panama Canal 3a_.
Maturity—
103%
100%
2%s..l976
Federal ;Home Loan Banks—
federal Land Bank Bonds—
V
102%
1976
Elec Pow
Pennsylvania Electric 2%s
Philadelphia Elec 2%s
Page
Obligations Of Governmental Agencies
1,
Light 2%s_1975
100%
Preferred Stocks—
-
99
101
1975
Power
Public Serv (Okla) 2%s
1%S Oct
Power &
Wisconsin
Mt States Tel & Tel 28/8s
Ohio Public Service 2%s
Monongahela Power 3s
Portland
1%S May 1, 1952-1950
l%s Jan. 1, 1953-1951
2y«s Peb. 1, 1955-1953
102
Hoppers Co $4...
Monongahela Power 4.40%—100
Montana
FOR NEW YORK CITY BANKS & TRUST COS.—See
99%
101%
Utah Pow & Lt 2%s
105%
Illinois Power Co 27/es
Iowa Pub Serv 2%s
** ?7
Texas
100%
1976
Atk
Oil 2%s..l976
Gas & Transm 2%s__1966
Tenn
96%.
1986
104%
2%s
3.92
^
.
2%s
1976
7,90
2.94
I
,
12.45
.
Shares
Rftrlpw IQRft
Tel
96
Bklyn Union Gas 2%s
Calif Elec Power 3s..
'}
9 fq
,
North Amer Trust sharesSeries iorb
30.58
19.04
mm*'
22.49
Socony Vacuum
3s——.1966
Gatineau Power 3s——
n
_
Diversified Trustee Shares-
29.95
,m\:;y 27.92
....
Bid
Bonds-
American Airlines
Amer Tel &
Independence Trust
B-2^..„mI..,„.,
,
'
Unit Type Trusts—
<
38.22
16.93
,1
13.02
28.15
1.23
18.93
Custin"'t'ah Funds—
Series
Series
1.09
11.90
Union Preferred Stock Fund—25.75
Welllngtoij Fund—20.62
18.72
.0281
.0195
.0355
"
.0216
.0393
.0336
.0529
>T
g
a
Odd lot sales,
Formerly
z
1946,
Club
x
b Yield price.
Aluminum
included
in
range
Ex-dividend,
Formerly
Alfred
for
dividend.
Co.
year,
d Deferred
delivery,
on
tin default.
a
Inc.; name changed to
3-for-l basis./-;-A>/A A:-
Ex-interest.
fFlat price
Society
Brand
Clothes
July
29
A/rA'';.^":%'''
fThese bonds
>
e
k Removed to Stock Exchange, r Canadian market, s Cash
dividend.
(Un) Unlisted issue.
wdWhen de¬
t Ex-stock
y Ex-rights.
Decker & Cohn
and common stock split
•No par value,
cCash sale,
Utensil
->
:ts.
/;
8%
4%'
-
(Detroit) —10
New
'
Connecticut General Life
Continental Casualty
13.29
-----A. 4
—
79
17.12
>
Fire
30
7%
25
Bankers & Shippers
City of New York
16.99
—.
Monarch
National Casualty
National Fire
A
28
6%
S:75>:;>
15.36
11.08
4
71%
12.85
.
A
18%
94 '
:
89%
0
20%
12.19
15.95
i.
/
40
17 A
1
12%
Merch & Mfrs Fire N Y
34%
;41%-
Baltimore Arnerlcan..MMmn.Jl%
16.08
11.09
..—
Casualty.
Bonding.
Merchant
1
16.12
' "■ 14.68
-—-
37
21%
7.27
stock
Maryland
22%
4.71
-
15%
17V4
100 A -103%
—20
'
12%
5
10.61
12.47
■
34%
Casualty.
American Equitable
American Fidelity &
18.20
Railroad
•
32
American
„■
-
N Y
23%
6.35
Railroad equipment,.—...—— "
11.69
LOw Price Shares..——9.66
Merchandise shares—
4
....,,...,1
—
;
21%
8.46
———i—14.64
Oils
Public Utility
83
4.96
Metal8<.^-.^.--^-.^-..,i.~—■
6.65
8.92
J6
-
,,,:'58-i
10.33
Machinery
Merchandising
11.67
•
7.70
Electrical equipment
——
Insurance stock———
10.55
Building shares.—10,62
;
-
Home
9.35
———
11.70
Diversified Investment Fund—13.99
Diversified Speculative.,;......
16.14
.
im*
Aetna
T
5.65
Building supply--.
Business
Equipment
A
,
,
—
,
Chemical...
Group Securities-^
31%,
6.80
Automobile
6.84
47%
29%
6.15
series—
Agriculture A.,Aiimi■■■'.,
—.
80
T...
Agricultural
New York Stocks Ino—•'
7.77
6.80
General Capital Corp—49.77
General Investors Trust—....—I
6.51
56
Qf
Aotfift
*<k
44%
0
Homestead Fire.
—10
Insur Co of North America. —10
Stock series
19.16
,in
Wl«
t._10
Jersey Insurance of
New England Fund
8.43
59%
8.15
Speculative series
17.83
29.29
2.441
*
Financial Industrial Fund# Ine»
First Boston Corp—.———.10
First
29.37
27.47
I
Fidelity Fund Inb
>57%
series—7.43
1
Low priced bond series
——
Low priced stock common^M
Preferred stock scries,.;.....,—.
'- Selected series
>
Xatbn & Howard—
-: 10
Pat
101%
13.68
—
AA
■
Ask
98J/2
16.88
Industrial
24.57
Bid
J...I0
12.65
Income
7.41
6.82
-Aetna Casual & Surety
/
•'.i
15.73
Balanced shares
153
Par
/ Ay*
A'A
Insurance Companies
,
National Investors Corp—
National Security Series-
3,000
1.79
**»T"i
Dividend
2d
Natlon-Wide Securities—^
.
Canadian Inv Fund
•
Investors
are
subject
to
-
all
Federal
>
taxes.
tIEx-liauldating
THE COMMERCIAL & FINANCIAL CHRONICLE
862
C OURS E
T HE
1945'
1940
'
was
+39.1
:
}
446,854,640
355,033,428
576,000,000
492,000,000.
+ 34.1
Kansas
.
City'
■
St. Louis
'Ban
Francisco
Pittsburgh
288,438,000
,
/■;V;£ 194,201,064
—p.—
1st Boston
135,900,000
'
2d
+ 26.0
3d
Philadelphia
—
12
;
"
1
5th Richmond
cities,, five
13.6,466,071
;
$8,576,437,123
"$6,445,134,128
1,500,392,595
^+29.9
days-
$10,525,104,873
Tot. all cities, five days
1,752,373,105
Total all cities for week^ $11,362,447,599
.
$9,697,899,828
+ 17.2
Our usual monthly detailed statement of *
trainsactions
—-Mouth of July
1946'
Seven Months-
220,681,759
215,415,203
19,977,030
'* Bonds'
bonds
{$732,547,500 $1,519,050,906
$72,473,200 $105,922,300
--.-tw':
P. S. government
bonds
2d
3,836,850
1
'
j
12,601,686,399
11,521,143,581
10,127,089,703
4,731,469,279
V
:
cities
4,434,138,959
July-*-
New York
——r—14
Philadelphia
4th
Cleveland
*
-^17
the
Richmond
Atlanta
7th
Chicago
St. Louis
9th
Minneapolis
Kansas City.
loth
11th Dallas
12th San Francisco
2,808,222,864
27,492,243
18,032,142
24,434,084
36,997,243
99,100.023
62,555,204
79,463,469
.
1Q41 •£•..
;
f
t—
.—
Total,
.i—184 cities
1945.
$
(
92*020,949
We
1944;
1945.
1946
2,659
2,732
22,871
782
695
6,220
1,117 ' 1,047
627
467
881
1,077
1,235
1,216
1,146
758
690
664
628
510
482
City
1st
Boston
New York
2d
804
Orleans
,
St.
281
Denver
5th
Atlanta
7th
+
•m**.
Chicago
fikJLoula
Richmond
Memphis
Seattle
Salt L.
184
_
'6,838
6,442
4,117
364
350
3,068
2,678
2,620
8,406
16,652
11,231
t 2,355
2,165
2,178
569
523
285
■
a
2,615
76
71
315
657
<
.
142
1,328
1,137
1,090
260
1,877
2,003
2,004
209
201
207
1,776
1,471
1,413
2,308
1,140
'1,820
134
966
892
2,749
2,426
2,226
& 144
■% 398
1,819
2,628
1,393
1,271
—
2,844
1,060
867
■:*6io
506
-
133
:
305
■■
;
? 170
:: 383
124
121
65
74
V!
'
114
68
6,541
We
M
;
■'
—
22,437,954,605
H
21,567,833:375
'
e«.—
;
i-v.-
Seven. Months'
1944
or
Seven Months
19431
$>£«:
nee..%
+
+
£
$0,266,043,079
11.8
169,991,500,654 "
+ J2;4.
-T"
9,255,077,583
12,466,056,775:
9.7
-19,881,882,004
19.238,147,623
8,446,759,183
1,0
+ 11.3
;
12,102,805.878
148,580,726,126
19,351.259,753
17,843,469,286
7,834.086,994
"
13,458,158.603
10,426,729,795
18,210,080.267
399,432,969,220
360,251,079,914
+ 10.9
821,813,977,811
;288,543,125(371
-183,097,485,933
167,154,738,704
+
9,5
157,254,125,960
144,872,268,148
n15
«
v
City
*
+15i7
3
+ 24.4
12,285,048,451
30,398,982,852
8.960,272,654
6,179,723,619
+ 15.8
10,831,489,075 t
+ 2L3
-
7,636,783,635
15,497,322,481 t
I* 2.2
^
413.4
+ 10.1
1,013
:
10,445,455,292
27.483,811,322
H 8,081,841,870
5,653,083|778
10,195,887,046
6,678,020,408
14.292,677,618
Total 1st
4,777
4,422
43,070
36,857
our
Quarter
830
;AprlL^i-^^
I 56,671,442,306
796
59,334,745,814
169.893,244,277
9.7
309,760,938,578
337,609,788,017;
29,765
25,779,113,158
,
+'9.0
'
« +
70,891,611,144
+
7.9
+
i2.i
+
&
4
23,973.433,831
26,175,283,029
;
^
6.4
+
9.9
+
1-3
73,145,862,665
+
7.5
'+
7.7
50,496,141,336
(1+ 22,4
28,005,168,999
J 23,117,264,895
399,432,969,229
360,251,079,914
+ 10.9
183,007,485,933
167,154,738,704
Total 7 Months—
9.3
:
144,037,473,809
# 61,823,181,212
July
+V8.0
vl55,p92,316,934
.
9.0
+
/:
78,633,575,254
„
or
Deq. %
22,997,145,805
20,346,957,710
26,507,504,386
4.5
—
^
; ; 76,458,74^680 ;>
+ 21.1
;
Inc.
•
24,730.186,708
21,174.223,850
24,987,200,588
26,591,889,230
+ 10.5
/
:
23.151,207,036
9-3
157,999,368,382
Total 2nd Quarter—
Total 6 Months
' 1945
$ '
+
46,954.704,831
51,709.917,737 '
£
J 56,362,960,526
,
.26,715.645,414
.
+
-
~
j,151,761,570,190 |
I 56,858,841,445
May
459
33,567
V
or
':£•'++12.4-v'
-
45,401.473.486
3,- 52,686,757.947
£167,716,543,740
,
+|,:,pec.:%v;;;v--
53,673,338,763
.
49,797,536,090
2,677
490
•
S
;
I 57,593,355,252
March—
1,507
2,657
--1. Inc.
J
60,325,652,39?
1,735
1,318
1,684
1940
MONTHLY CLEARINGS"
$
42.703 37,945 356,362 323.394 288,246 258,778
5,128
add
Y.
Months—
'
28,005 23,117 22,438 21,559 183,097 167,154 157,254 144,873
now
i
8.166.371,896
«<
January
February,—
■
all— 61,823 50,490 47,480 42,367 399,432 360,251 321,813 288,543
Out. N.Y.C.
"
«
7
-+-U
1,164
Tot.27Cities 55,282 45,362
Total
| +21,1
f
42,367,810,481
The following compilation covers the clearings by months since Jan, 1,1946 and 1945:
2,028
223
225
?
136
t
1
1
yr--'
Outside N.
885
303
257
99
Other Cities
1,448
r
152
410
165
8
-
283
178
City
2,181,240,295
'+-.47,480,106,025>
—
-
Total
503
:r
335-
Hartford
4*
12th San Francisco
2,087
77
+;■
r
1,103.856,113
,
13,216,721,878
31.228,625,960
9,499,494,360
6,564,022,421
11,619,973,410
8,594.214,501
16,535,892,677
-
|||T
-
2,000
2,244
23,022,810,836
——. 16
10th Kansas City
11th Dallas
9,902
2,620
3S4
—
^
2,389
261
-
U
13,240,769,612
190,954,969,100
81,275,270.333
20,070,873,128
10.298.724,643.
15,293,901.137
31,922,360,753
10,774,096.982
3,720
151
-
-,
184 cities
,T_:-.^T^_tr_ll:.
Minneapolis
6,079
.4.389
•
31
—
:
9th
5,571
5,776
6,286
6,860
401
-
■
1.^.i^2,233,691J3«0'
,7.4 22.4
Seven Months
14,524,311,952
i*
—^.16
-
3,139
284
;
i.
4,137,101.895
1,136,725,316
885,372,316
1,578,774,821
>
984,017,088j
f
888.639,233
1,577,940,520
■1
23,117,264,893
'*,
»i(!i|i'i|jjuii;|4|!|l,|f|, iiji
222,364,649,177
-
wvl6
—17
Richmond
8th
4,288
3,367
.5,508
289
339
—
Ind'polis
4,595
3,743
936
322
-
+ 23.6
.421.0
.
2,865,546,821
^
1,160,664,054
4 3,549,657,518
S
4,404,894,486
YU ^1,292.444,480
4
+40.1
V
50,490,141,336
'
-^—14
—
Cleveland
~
1,542
98
Paul-—
4,954
:
585
327
195
305
8,905
7,824
8,338
593
314
-
416
Buff alo—-
7,964
883
925"
1,400
1,238
Milwaukee-
f-
+ 16.7
4 27.0
Ine.
Philadelphia
4th
4,846
7,207;
7,322
376 :
478
401
5,442
,
653
1
1,713.579,861
+ 26.2
2,310,396,088
28,005,168,999
14c|tief
3d
18,557
976
1,089
Minneapolis
935
1,198
Cleveland—
m* +; 1,208,792,442
append another table showing clearings by Federal Reserve Districts in
8th
5,664
i; 7,106
3,089
1,543
•
+16.7-
1,298,717,693
964.553,900
1,696,220,813
j; 1,164,821,698
21,520,738,292
2.857,137,544
2,7CO,553,611
.
2.761,244,524
4,160,828,806
;
vii,.
+ 20.7
£
1943
1,710.234,521
25,786,616,179
,v,
+ 26.6
$
1943
;
19,004
3,985
Pittsburgh-
>
*
.
.-a,'717^53.188 A
+ 10.9
1,808,109,029.
Seven Months
,
20,377
7,259
10,108
5,224
780
Providence-
;
District
,
+ 23.2
Federal Reserve Districts
$
958
.
Dallas Reserve
i
l
——Jan. 1 to July 31
1943
1944
■
Dec. %
.
+ 18.9
:
61,823,181,212
Outside N, Y, City.
-r,
Louis—
Louisville—
the
.--'.ujfi-jV.-/ „!■,' ■<:.
35,051,545
23,415,845
68.787J21:
—»
194,820,103 200,704,729 131,342,925 171,484,418
2,821
Omaha
29.6%, in
_
83,553.396 101,604,706:
Philadelphia 3,577
Detroit
is
-4i
33,553,559
13,846,59Q
17,228,380
37,712,721
28.270,442
32,024,018
41,310,246
.
—
N.
increase
28,206.231,247
2,951,112,600.
2,808,791,004;'
1,295,536,062
1,5.11.911,896
6th
—
Kansas
9,045,893.173
' 4,268,671,321;
20.7%.
1,824,822,396-
3,735,?36,369
3,115,521,538
.
^
..
5th
^ * S
:
8 ■ '
New York- 33,818 27,372 25,042 20,808 216,335 193,096 164,559 143,670
13,477
14,772
17,916
15,849
2.095
2,095
2,231
Chicago
2,740
10.736
10,441
12,303
Boston
1,455
11,398
1,566 ; 1,477
1,825
-
281,329,870
119,055*059
483,733,344
500,792;775
The Chicago Reserve District has
managed to enlarge its totals by 16.7%, the St. Lpuis
Reserve District by 26.2% ,and the
Minneapolis Reserve
District by 27.0%.
In the Kansas City Reserve District
34,748,975,452
M
16
^
No. Shares
Month of July-
Cincinnati-
•
inc. or
111,266,707
$
Baltimore
of
I
17,811,394
—y———
.
1946
San: Fran-
;
m gain of 10.9%, the R|ite
mond Reserve District of 16.7% and the Atlanta Reserve
District
2,170,362,331.
14 citlftl \
twit"'*
17,100,772
27,643,038
'
•
,
St.
285,238,583
128,704,734
9.3
Districfcregisters
land Reserve
+
,
,
-,r-:n-W1'r,i
No. Shares
Jnty {20,595,100
(000,000
omitted)
25,4
+ 60,7
1946
District!
—
3d
19,977,030 28,219,705 26,324,332
The: course of bank clearings at leading cities for the
month of July and the seven months ended with July in
each of the last four years is shown below: f;r V; ?: 1 -.
r
BANK CI^AEINGS AT LEADING CITIES IN juiyi ;:
5
265,163.985
201,636,379
—
-
fiht Months
?
259,262,161
199,403,176
5,031,138,110
iU
38,995,195
Second Quarter AI
337,246,207
545,094,866
610,089,581
"
V
587,650,10?
32,612,585
No. Shares
April —— 31,426,715
30,409,809
May —
Jone —; 21,716,872
'
,
1
+ 32.6
+
51,510,197
Quarter
-
,
+24.8
537,500,733
34,092,745
25,663,765
February
•J
'^!^f^?36et943,291
+ 19.5
'
•
+ 24.1
8th
1Q44
1945
No. Shares
Month, of January—
'First
402,501,192
617,084,042
302,036,715
669,560^555
568,062,154
268.316,709
"279,789,558
'
*
;
j
4,934,646,118
629,673,240
620,399698
'
9,0
13,4
•"
3,182,377,803
4,857,245.717
1,638,484,724
1,224,595,179
2,198,2.19,381'
1,032,0^7,958 •
1946
^MStph
+
+
£
>
+
-
lSf
$801,486,500 $1,584,410,910
$79,836,200 $110,848,900
\o 1946 is indicated in the following:
■
-
+ 17,8
;
217,692,470
'
6
———_———
Federal Reserve
BOStnn
'
The volume of transactions in share properties on the
New York Stock Exchange for the first seven months of
•
$
-
2.9
372,047;927
379,072,467
6,867,720,435
"
325849,942
142,801,645
,_10
-p.—— —
——-
Month of
61,529,160
17,437,700
410vl00
180,500
•
Total bonds w
•
360,987,847 ;
273,059,708
404,240,083
229,533,735 £
'
50,501,300
4,507,500
7,232,500
bonds
1943
+
i
the Philadelphia Reserve District of 26.6%+. .The Cleve+
Foreign govern'!
■
?
8.7
-
818,358,155
4
+
657,340,204
618,352,967
299,706,211
~
212 and the 1945 aggregate $50,490,141,336. In the New
York Reserve District the totals record an improvement
of 23.2%, in the Boston Reserve District of 18,9% and in
1945
1940 '
1945 *
'
20,595,100
.
:Vv.'v';*;
JRaiiroad & ?aisc.
•
.V-&194tmh
Dec. ft
6,970,257,105
We also furnish today a summary of the
clearings for
the month of July.
For that month there was an in¬
crease for the entire
body of clearing houses of 22.4%,
the 1946 aggregate of clearings
having been $61,823,181,-
follow:
Y-\
—-17
——..—_
Total
the New York Stock Exchange is appended. : The
results for July and the seven months of 1946 and 1945
shares
CLEARINGS
430,020,355
339,792,710
502,360*729
•
Outside N. Y. City.
pn
DescriptionStock, number of
BANK
673,973,250
6
-10
....
12th San Francisco—..
—52.2
837,342,726
day
one
OF
%
-
cities,
11th Dallas
+ 32.5
$7,945,526,723
,
r
U
Reserve Districts:
774,488,493
7
;
,
7th Chicago-—
Sth St. Louis—
9th Minneapolis
10th Kansas
City
+ 33.1
1,948,667,750
days——.
Ten cities, five
Bll
|;;:^+12.8
$th Atlanta
'
1
Other
:£:<::;411.8
120,937,645 "
189,470,105
^
of 24.1%, in the Dallas Reserve District of 60.7% and in
7,169,834,374
10
In
expansion
an
the San Francisco Reserve District of 9.3%;
467,407,108
'
Cleveland
Minneapolis Reserve District of 25.4%.
Inc. or
12 cities
—
4th Cleveland
1.0
+
169,504,553
in the.
$
New York—.
192,312,800':
«
and
the Kansas City Reserve District there is
Week Ended Aug. 3
+ 47.0
.
in the Richmond Reserve District by 13.4%
and in the Atlanta Reserve District by 24.8%. ? In the
Chicago Reserve District the totals record an improve¬
ment pf32.Q%^ijx the $t. Louis Reserve District Of 19,5%;
Outside of this city there
SUMMARY
larger
are
by 9.0%,
Federal Reserve Districts
228,939,000
199,800,000
——————
—
-
In the Cleveland Reserve District the totals
increase of 19.0%, the bank clearings at, this
having recorded an increase of 2,7%,
We group
+ 13.1
182.887,250
206,815,402
V
■. ..i.
.
show a gain of 2.9%, in the Boston Reserve District of
8,7% and in the Philadelphia Reserve District of 17.8%.
we
week in 1945.
same
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
detailed
+ 17.1
276,942,531
W 371,263,091
Boston
'
the cities
In the following we furnish a
summary by Federal
,+25.9
;
Chicago—+;,
Philadelphia«
C EE ARINCS
an
center
Cent:
:
$4,290,676,915
$5,96?,128,159
New York
-v
elaborate
present further below
581 in the
Per
CLEARINGS-RETURNS BY TELEGRAPH
BA N K
statement/ however, which
are able to give the final
and complete results for the week previous—the week
ended Aug. 3.
For that week there was an increase of
9,4%, the aggregate of clearings for the whole country
having amounted to $12,601,686,299, against $11,521,143,-
-
Week Ending Aug. lC-*—
In the
»
we
the week
Our comparative summary for
day of 39.1%.
follows;
OP
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
ends Saturday and the Saturday figures are not avail¬
able at time of going to press.
Accordingly, in the above
the last day of the week in all cases has to be estimated.
compared
with a year ago.
Preliminary figures compiled by us,
based upon telegraphic advices from the chief cities of
the country, indicate that for the week ended Saturday,
Aug. 10, clearings from all cities of the United States
from which it is possible to obtain weekly clearings will
be 17.2% above those for the corresponding week last
year,
Our preliminary totals stand at $11,362,447,599against $9,697,899,828; for the same week in 1945. r At
this center there is an increase for the week ended Fri¬
Bank clearings this week show an increase
Monday, August 12, 1946
+ 21.1
%
+ £9.5
detailed statement showing the figures for each city for the month of
July and the week ended Aug.^3 for four years;
"
Mpnth of JulyClearings at—
.
-
1946
Inc.
or
1946
Deq* ft.
r 6,551,216
17,899,943
1,825,334,555 H ■-)
6,327,795
: *
3,188,127
Me.—Bangor—
Portland..
Mass.—Boston
.Fah River
Holyotce
—
T.
LowpJI
Bedford
Bprtogfleld
„
'£
,
New
7,946,564
28,513,800
18,129,442
-,^—
Worcester
Oonn.-—^Hartford
.Haven
Waterbury
R. I.—Providence
-
Voftai
,
(14 cities)
....
„
44,660,521
9,287,500
98,934,800
5,740,669
2,170,362,331
4.407,179
13,684,016
■
-H+ 48.0
■:*
-
1,566,503,261
;
+30.8
+1.6.5
+29.2
4,898,735
2,252,287 ':
V+: 1,947,100
5,842,144
+ 41.6
+43.1
•
£:
+36.0
{
21,481,360
+32.7
15,526,864
£
95,061,344
.
;
—
If. H.—Manchester
2.786,040
;
-
Jan. 1 to July 31——
1945
+
68,638,788
30,674,290
+ 38.5
,
:
16.8
+45.6
r
1945'
•••.
Inc. or•
£:.
•*.
(!
44,161,964
117,570,524
12,303,912,749
I,
42,925,107
22,069,777
18,990,792
49,755,852
177,395,301
128,682,882
605,444,569
29,322,231
100,619,767
11,898,336,208
^
33,199,130
i
16,523,329
i
15,713,205
+
>
f
»
"
+
v
•
i
^
255,940,573
144,414;045
101,357;386
508,775;056
205,033,644
»
'
7.9
:
;
*
>'
+21.9
':::
•
■
2,064,617
-
-
+19.5
"?
54,883,800
569,730,000
+ 15.5
4,370,872
+ 31.3
31,526,057
24,041,155
+ 31.1
1,824,822,396
+ 18.9
14,524,311,952
:
13,240,769,612
+
9.7
:
1,100,981
467,407,108
1943
1944
9
+78.9
,
+
6.7
+22.1
>
801,446
3,573,759
323,770,637
1,020,803
,
87W67
3,544,725
314,820,060
,1,016,754
'-j
r-"V"——
088,233
1,512,788
■
9.4
;+
""377,524
r-2L6
:
+36,5
;
1,362,586
'
r"347"705
1,197,899
'
;
', £ £.v-
+ 28.5
4.168,385
4,330.826
3,463,548
: ■■p.
;
:
Dec, ft
:
4,693,905
'
:
—
;
■
; JV
-
21,420,800
Inc. or
,
;•, 3: • v1.
l»0p4.45l
•—
9,702,484
+ 23.8
657,985,300
/
23,298,387
+24.8
67,950,500
+ 27.8
-
4,056,850
m..
930,467
3,248,369
368,123,916
<_•
6,p33,.504
•
+97.0
■
' '
539,695
-
+22.8
.
„
■»+—.
+ 20.9
v
„,
392,744,981
1,2?6,338
,
>.v ■: /t'
:
-
,
3,554.083
.
:
+29.3:
40,820,650
.
1,664,388
.
^
+33.6
.
■.
50.6
+16.8
v
1945
■
Dec; ft
^
+ 29.0
7,201,200
77,394,300
1946
-
.
+ 17.1
2,574.826
2,555,579 !
15,415,296;
7,273,248
17,914,228
+30.1
19,848,659
8,035,983
+ 20.7
5,860,069
19,638,100
766,367
,
"*+"*9.1
157041,200
+ 43.7
672,574
-
.
V
430,020,355
+
8.7
379,072,467
207038,300
632,fe68
372,047,927
THE COMMERCIAL & FINANCIAL CHRONICLE
Number14515-
164
Volume
-Month
of
Inc. or'
Dec. %
Federal Reserve;
second
-Week Ended Aug. 3
July1945
Clearings at—
Bisttlct^New*:''Tort—19.0
"
Buffalo;
Glmiror, ■■
.'
-
.»«*!■+i«i» <«<>■
Jamestown
New York
..-------'-----*.----
Conn.—Stamford
—-.*--...- ——r—
Newark
.
'
.———»«>«•«
Northern'"N. J.
:
Reserve
Federal
Third
24.8
+
+
455,834,392
+ 10:7
268,203,124
+ 26.6
52,683,519
290,805,177
19,534,458
.
+ 32.7
+ 20.2
9,524,995
VXSS377 i
+ 17.6
9.9
+
1,338,417,221
40,349,869
8,108,405
I
,
r+'':.' 8.8
7/Tll~980
t
739,737
+ 37:2
997,979,846
+ 14.1
+ 26.5
1,029,940
+ 19.6
43.9
,
14,351,591
746,129
37,143,7664
,
.
32,904,905
40,319,591
34,949,069
+ 20.4
-
22,364,649,177
District—Philadelphia—
>
v
3)927,5431
3.703,233
——
Hm+tsourg
27,538,858
f
>11,195,443
1
'
680,325
798,796
816,968
2030018
74,507,217
23,233,740
3,624,716 •
4,798,043-
-
—.————
Norristown
768,200
758,090
v
122,899,276
18,723,033
-+»»
Lancaster-
1,081,717
25,543,581
24,007,163
4,876,257
,
-
'
Lebanon
6,789,674,302
14,754,815
34,748,
Bethlehem
■
6,970,548,189-;
32.5
6,
ea.—Altoona
Chester
1,400,467
1,636,848"
1,136,615
+ 17.8
+12.0
+
.
::i-
12,141,676
1,826.613
65,272,656
36,501,559
+ 20.5
201,
Total (} 4 cities >
o.a:
V
43,519,008
216,335,483,296
+
—.—.
?iV 72,741,280
+ 16.3
+ 23.5
•
Oranges
2,793,344
6.3
—
+ 32.6
47,
2,
155,1
;
J.—Montclalr
N.
1,877,373,945
8,
:
10,295,189
+ 28. r.
69,253,837
7.2
'
—--1——38,!
Utica
34;5
+
33,818,
; 66,:
Rpchester;
Syracuse
—14V1
538,703,866
+
10,
305,;
f^cv. 5»
<:■)'.j 6,
Blnghamtoq
■:
1,967,346
28,364,956
Philadelphia
3,577,000,0001
Beading- •-—: 10,140,225
Sera neon
—---■ 17,964,753*-
22,871,000,000
69,983,021
118,841,974
752,000,000
2,283,112
——&+ 8,845,343■
;'
T
.;v
■
i- 12,852,609
■i -Du-'Bola'-w—'^—'
: '»
*1000,000s
Bazleton
—«u—»-4,463,587
DeL'—Wilmington
28,196,548:N. J.—Trenton
—
23,925,000
57,788,281
1,700,687
68,350,206
3,581,364
'
•>/:.
-
WUkes^Bbm
4,129,825
636,000,000
2,318,203'
3,649,153;
653,000,000
611,000,000
+; 1,869,338
1,404*025
-1-
3,339,606
3,062,489
1,884,935
2,184,204
2,050,822
2,123,181
1,856,433
1,880082
7,532,826
31,960,243
—
t
Foartlr Federal Reserve
Cincinnati
;
District—Cleveland-
—■«■»>*-Jom—
+«..<
BamlltOn
;
Lorain
——
•
Mansfield
i
TOledOi
Co.
-——-
Greensburg
Pittsburgh
Oil
J
-mmum'
345,524,940*
9061,560;
City
,
20.266,042,079*
+ 39:7
240,863,000
335,690,362.
+-19.6
2,749,422,921'
+ 13.3
-9,628,688
13,711,700'
690,794,753^
2,407,809
+ 18.0
83,517,455154,165,575*
4'li.O
63*305,861?
+ 68.5
4.6
+
2417714"*,090
271,910,229
+- 9.8
+
2,270,627'
1,553,769'
;
,92,165,629'
2,237,994?-
8,968,000'.
;+
5.5
-
^
6,016,00981,957,514'
2,483,091'
568,062;io4r
;>■ 1,360,755"!
1,449,747
5,856,000
5,668;00Cf
67,703,481
(
70,100,265
2,129,404
'
2,257,477*;
%
33.6
+
5,224,-726,793
618,352,967'
15.9
+
+49.9
21;793,977*
1,760,929,061*
17ii310i085V
+ 24.6
1667284,834^
58,595,278'
41,6*567100?
1627l58tl5l
1527657,645''
+27.7
+27.6
339i792,710>;
10,298,724,643
1,295,536,062'
4t4i-
+
+ 20.4+ 35,1
96,444,493*
■x.
+ 15.7'
1,219,507,5391
4,710,912,993
78,228,674s
5,332,400,000
7.8-
—•
425,002,775-
391,786,460*
1,410,840,369?
*•
—20.4?
1-1,096,9471
3,266;897
673)973,250'
4-34.5
660,200,000-
2,147,242:
+ 37.3
247,940,588-
'+44.3
.
+19.5
5*481,839'
6,977,494:'
52,230,096-
2,830,514'
3,993,419'
3,382,210'
28,445,000'
167,682,319'
-•15,183,200
83,208,576*
20,070,873,128*
4 207,880,256-.
19,288,500
+39.5
3,041,724
97,989,195
92.941.374"
95,462,490'
,
204,719,806
116,801,528
105017,687
"
217,315,574-
90,042,223
116,012,639
3,115,
,
23,725,700
7,964,948,955?
-
106,867,786
ly.—Lexington —12,!
IS.i V*.—Wheeling
«»«■—">— •
".Total- (17 cities)
217,936,612
17,006,700*
5,*939,930'
7*269,'776,415"
1,089,:
17,'
16,:
—
-
3,632,675
101,876,702
+ 11.2
+
10.747,803'
12,842,059'
:
1»'
—
242,296,624
■i-
9.1
'+ 8.6
124,218,897
74,054,117297,591,659-
89,051,073-
14,^
54,1
2,:
-
Fat—Beaver
Erie'
119,879,677"'
31,581,556
20,247,871^
23,1
Youngstown
•'
Newark
———J—*—.—...
■
94,907,799
140,051,040
642,230,100*
;4,.
v'3fS
- 14,5
'■
-
-
'
,
6,860,603,135
103,7
-
Columbus
1
4,426,237'
4,827,227
134,871,526
14&;278,044
3,985,856,934
628, £
1,089,1
Cleveland )
134,946.588*
3,743,38200+
6,838,200,867'
573,366,900*
28,430,969"
12,059,239'
79,499,705
?
24,J
-. ■
-
5,650,500
657,340,204
23,922,810,836
Total (16 cities)
Jhlo—Cantbn
t6,453,264>
-7,215,403 •
198,369,494
172,890,000
+
299,706,211
14,479,07+
39,990,693?
10,753,152'
-•
+13:2-
54,923,806^
149,800,000
184)300,000-
3f703,162t
23.3?-
+40.7
:
2,832,970?
-
38^095)989
279,789,556
—25.7*
+ 37.3?
11,388,031
38,577,837-
+23:0*
134,000,000
+
30.7"
387669^3537
7
268^316,709^
8,604,804
35;623;450f
123,900,000
2,316,040-,
2,101,255'
"
!;
"214",105,800'
14,379,402.
230,512,753
-
+ 42.1
+
+
>
67,761,958
+ 28.1
60,860,442
: 86,825,048 ?
74,347,116 :
+ 22.2
24:ST
2,-066,049; 147"
142,914,434*
29I0K
1,658,930,476
2,084,035,286 :
31tT
+ 32.7
rf*
-
7
+ 54.6;
9,159,586
.9,075,473
1,752:240,135'
+
18.9'
146,947,603"
+
3.0
'
ll943J617
59.952,035*
45,094,2gr
677816,718^
53743*1,474
5,095,095'
4,1941514
l7649",004?
27380,549
43,601,507*
+269-
477584,350
377582,458
+21.5"
4,444;318
-
41,414,907'
+ 19.7
119,366,011
'; ,152,259:559'
+ 21:+
+
27839,860
19)725,472*
8,123,013
+ 48.1
73,690,615
53,647,224
10,938,000
+ 29.7
9.9,382,000
86,940,000
+ 14.3
20,090,129'
+ 21.1
127,581,946
+ 35.0
3,198,953
1,052,328*
+ 69.9
4',344,270"
+ 37.4
+ 43:3*
+
376,536,750*.
27t2?-
172,198,839
22,323,145
.
+ 20.7:
-3)197,3"4i!
+ 62.5
8,145,078
26,051,902
-
ii.'i inii
>hrt<t»ii<i Irntt'ifii'itri'iij)'rii-
59.2
+31.9
ii
10,652,230,739'
+ 22.6
13t570,550'
+ 49.0
+
23:0
+ 115-
118)680,281i
51,546,301
6,764,141*.
3,876,976
+ 25.6
15,031,224'
+ 43.5
30,369,512136,869,848'
+ 17.9
218,871,506-
-186,649,331
35.1
1,140,817,338
17)030,559
48,212,239'
+29.1
119,504;598-
966,609,663
114';242,819
335,908,806
325,753,219
9)613,921'
151)907,7683:
+54.8
.
.
.
56,370,064
35,494,067"
+ 32.8
+
6.0
+ 28.5
95,992;858*
1)328,195,614'
2,815,634>
+11.4'
;
4,756;414?-
+26.1
767,365"
+ 40.0
r
+
366,943,291
337,246,20*
719,191-
204,919
402,501,1927
+ 24.8
515,934
70,962;365
9,075,540
6,807)707
6,204,485
3^695,615
6,404,'124'
+
67:9?'
5,754:790
i'm'ior
9.4'
+ 13:1-
4,627,038-
3,032,632
3.15T.935
447m,000v
4o7l~52~000
31^60",000*
2,805,293-*
+17:3
+
18.0
3,013,043
3i7l43!00O
+- 4'.0
-
+
81,085,595
+ 18.3
30,004*110^
103,046,150
116,526,408
,
+10;2>
31,815,336
.
215,247
90,519,3011
44.7
181-542)964',
130,136,622
211,843
82,970,361
527,260
,
—21.1
+
35,059,885
+32.1
502,360,729
59,603,052
224)423,'101^
4,394,173-
312,210^
112-664,691?
■
21,510,935
32,054,265
8,406,767,607
86,237,271
+
.
13,216,721,878
15,'293,901,137
—12.0
1,406,892,063??
+i9:6+ 14:5''
2,678,342,372
^31068)009,230'
;
1,808,109;029?
+ 47:8'-
8,128,525
32,993,867
.
:.v»;-k,'9,724;666
4,158,957
+" 3:1?
11)510,'252'
3,925,720?
8,926,530'
7,667;710;
4:102,100*
6,661,695
457625,775
3475*7^46^
357636,030
3472*22,31^
-
+ 35;3
1,137,421,963
+
16.8
20,832,003
20,284J446
+
2.7'
41,554,899
7,284,309
■fVC 32,073,191:
+ 29.6?
5,209{975r
+ 39.8
10,185,871V
-
+ 16.2
2,049,090
+
39.6
,18,812)626'
8,843,191.
65,780,777?
34)543', 981
+
42?6
83,490,059
71,426,392
+45.7
622,175,100
483,347,551'
+ 28;7"
22,881,099
17,424,157
+ 31.3
+44.8
292,178,722
235,200(749<
7,149,093
+ 24,2-
10)713,549*
7,639,804
+ 40.2
+13.0-
3,81-7,286*
635,478,025
474,717,831
+ 1-7:2'
2,325,805A
'
7
'
1
10,576,014"
+ 36.4
30,524,698 :
•
/
24,399,769*
r
2,368,417'
+ 73.5
2,095,361,654
?
7)385,203?
+30.8
17,916,524,668 iS
19,163,795*
15,849i 109,921'
+ 60.5
66,607,918 ^
56,822,878-
?
Bloomington
;;—<-«+—
Chicago
+ 70.6
909,326-
3,483,599
U—AUrord'
Decatur
1
25,632,492*
+*36.3
+ 52.1
102,664,048
+ 30.8
74,499,206
i Uti 75,954,029*
■"64,609,296
——
10,601,199
9,720,945
».969,510
9,046,005
7,014,628
Total (31 olties),
4,160,828,806
+ 16.7
v
•
Springfield
Sterling
'
Cane
Louis
Girardeau
;
*
958,635,929
.
8,352,569
?
Total (7 cities):.
+22.8
+' 401,447,020
327,173,734
+ 22.7
'
•
261,680,643
;
1,302,497
178,685,018-
+ 46.4
803.154v
+ 62.2
5,616,729
——
J;
.
31.922,360,753
4,805,414
1,638,484,724
1,298,717,693
6,226,698,632
+ 57.3
'+48.3
v
Tenn.—Memphis
ijuincy
780,962,738'*'
5,310,508
977,127
Independence
OL'—Jacksonville
"237,597,979 "
+42.6
1„449,337
—.
Cy>—^Louisville
2,600,953'
•211,055,142"
2,110,871
+
23.'2
2,212;073'
14,151,646
2,177,490
13,977)777'
7,148,811
+ 47.9'
+ 25.1
+ 33.8
649,082 '
+
488.1^
+ 33.9
+ 23.5"
-?r
585,504'
422,125,364*
1,819,23®
1,334:368--
8,235,746?
+ 31.0?
6,696,468'
+35.2
3,538,230'
2,372,891
+ 49:T
2,897,211
+ 15.3
2,878,481
2,433,416"
+ 18:3 s
1,830,781"
+
12.8-
571,725
481,208,563
1,883,204'"
6,285,118*
5,082,1342,141,125*
*';*"2:i73,49l
+ 29.0
818,358,155
617,084,042
610,089,581
545,094,866
216,900,000
:
186.600,000
166,000,000
169,700,000
Lonls-v?S
Mfhth Federal Reserve District—St.
MO.—St.
10.9?
'
28,545,-208
Peoria
ROckford; *+*++
+
>
53,752,314-
V.
8,212,312
5,664,859,973"
39;806,533
5,841,188
2,620,701,659'
2,355,902,819":
87,997,932
75,436,832
56,237,268
62,709,469
1,819,753,727
1,393,155,351
54,931,369
38,761,443
35,865,893
31,831,516
1~159,000
923,000
+
7,177,571
4,896,525
+ 16.9
37,800,767
35,031,971
+26.2
i:--- 10,774,096,982
1,158,546
+ 13.4
259)262,161
THE COMMERCIAL & FINANCIAL CHRONICLB
-Month
of
wees £.naea
1945
1946
1945
Clearings at—
Monday, August 12, 1944
Jan. 1 to July 31-
July-
1946
■
1943
,/
$
$
:
■
Aug. j
Inc. p?
Dec. %
•
1944
v
1943
'
J
!
-•
*0
Mlnth Federal Reserve District—Minneapolis—
21,463,963
6,524,139
4.967,092
653,192,631
2,638,759
190,325,329
150,177,512
209,531,078
2,794,144
2,344,157
761,638
17,610,160
496,837
,
,•
Rochester
St.
25,239,145
-
—
Minneapolis
804,235,288
4,489,881
«■'■?&■! 281,130,802
ifinn—Duluth
,1
—
Paul
Winona
-
Fergus Palls
.
W.
D.—Fargo
Grand
1
..r/,
Forks
fl.
D.—Aberdeen
SlOUX Falls
,
>■' Huron "
llont.—Billings
Great
-
-
—
-
Lewlstown
Total
Tenth Federal
Reserve
District—Kansas
2,168,547
;
y'SX
——
6,667,690
r
|
—
—
*IV>p«lrft
| 3
Wichita
IfO.—Joplln
Kansas City
fit. Joseph
;
—,—
*
a
1,840,473
+ 19.5
1,493,794
1,097,361
4,725,596
+
284
3,959,103
4,819,554
273,059,708
217,692,470
+ 25.4
199,403,176
201,636,379
176,833
439,871
4,997,233
78,137,428
498,530
964,553,900
Colo.—Colorado
Springs
Denver
'i
.
V
i
.
*
-
-
Plifthlo-
98,806,383
I,
I,
i
-i
r-in
<
t
n
.
Texas—Austin
—
V v Dallas
7
m
Ft.
:
Worth
Galveston
Fort
Arthur
——
•
Texarkana
L».—Shreveport
6,144,181.
188X7X858
+ 50.3
•
5,596,942
5,837,163
:'Ai £•.;
....
r^
815,008
+
936,859
1.26.4
915,913
•1
•
.7
+ 38.3
1,139,063
944,427
969,474
285,238,583
281,329,678
325,849,942
6,423,387
2,930,915
187,495,000
7 113396300
22,552,430
14,873,401
3,399,000
+ 51.6
+ 27.9
2,867,000
X40X666
"XXfi
Xl46,886
5,092,663
+ 24.8
4,378,491
5,114,673
229,533,735
142,801,645
+60.7
128,704,734
119,055,059.
90,020,129
98,929,728
2,672,935
9.0
87,728,853
2,119,477
86,339,613
+ 24.1
J//'
25,242,825
.
,.^-r
-
Total (11 Cities)
4,347,000
2736X624
6,353,998
+ 40.1
1,632,027,958
10,426,729,795
:
Twelfth Federal Reserve District—San Francisco-
Wash.—Bellingham
V-.V
8,052,250
19X44X778
v:
',Vi
V
+ 119.2
2,676,528
2,889,983
1(12,781,000
94,4507241
.
"+62T9
14,854,829
,•
,
12,468,050
•
2,788,000
.
.
Wichita Falls
;
9.3
+
'
1,295,440
———————
—
Houston
.—Ml
3,108,293
,
.
404,240,083
™
paso
:
"+"2X0
6,235,051
1,845,153
10,702,901
>.v764,727,875:
fiywyqa
r~rt=95,736,866
18,228,000
607,515,779
4,325,314
,•
9,591,011
•'.••'•' 3,358,557
r
30,025,632
^
-
X52L376
■
———
303,308
4,127,308
71,099,540
•• •
67,099,540
+103.5
22X00X790
»,-•••—.
2,198,219,381
Beaumont
•
V
Sleventh Federal Reserve District—Dallas-
-
228,671'
360,838
r'V'- •;; ••4,115,779,.
+ 26.5
8,638,007
,
9,370,397
6,620,062
.
■
2727008,972
—
-
185,740
4.1
15.8
+
2,469,862
.
■
Total (15 cities)
+ 14.4
+
...
5,026,325
8,442,405
/
:
1,269,615
78,011,048
7,405,015
339,104,127
——
1,265,293
2,100,096
38,567,038
——...i.
—
1,454,296
+ 17.8
:
5,784,5^2
>
Carthage
dkla.—Tulsa
3,008,951.
202,377
>>
52,350,978
6,064,376
1,198,261,905
,
-
2,858,563
-
6,051,401
416,179,557
2,106,039
1,000,623
24,540,288
$ "*»
——
Parsons
.
'fr-:
458,109
Omaha
•
.
2,509,648
1,602,077
Hans.—Manhattan
.\
Ci',.V
v".
5,302,366
25,136,633
•
—
51,803,211
City—
'Ueb.—Fremont
Lincoln
50,453,987
T
+ 49.8
'
,
■
20,048,027
1,224,595,179
——
3,062*,240
.
-
1,475,946
883,802
(16 Cities)
4,586,017
'1. 14,288,854
-
Falls
Helena
•
11,205,177
"* v\. ' 19,736,987'
'■ 2,055,524
10,847,571
L '
'
7,771,208
-?■■■■ 29,829,529
—a
4,044,683
135,597,319
+ 19.8
50,819,461
4,182,245
135,001,188
■
2,118,017
8,276,129
3,314,323
+26.7
"
'
14,354,916
1,856,000
2,690,000
-
Mlnot
/
60,894,627
r'
■
+31.3
-
Seattle..
•
/v'v
V-'
:
■
'
33,888,437
26,358,855
3.9
2,628,936.023
2,844,689,323
—
15,327,762
13,478,092
+ 28.4
100,620.350
78,244,163
+ 50.2
89,343,693
+ 62.0
40,048,000
26,805,800
382,712,335
+ 24.8
2,376,355,095
2,247,456,804
8,809,900
165,720,369
+ 34.5
55,079,253
49,096,707
+ 32.7
1,060,779,863
867,654,652
49,464,110
+ 51.4
327,851,262
234,549,489
♦15,000,000
+ 21.9
96,575,039
84,588,978
20,038,887
+ 75.8
122,158,426
86,952,347
.
.■Sfda.—„
—
66,172,297
——6,974,000
Yakima
iX4po5
,
+ 39.3
5,084,290
394,791,365
v
1
tt
,i
3,382,587
+26.3
2,016,443
'
Ore.—Eugene
Portland
———
mah—Ogden
Salt
Lake
;
-
,
City
•
Ariz.—Phoenix
■■■■■■■
„
Berkeley—,,
:
Long Beach
.
•
—
v Modesto
41,743,565
'■■"
.•'•••
+
9.6
267,020,232
+ 68.0
89,245,656
203,525,595
62,167,381
10,108,599,523
30,143,003
Riverside ■'
9,603,525
San Francisco
1,543,765,626
San Jose-42,022,397,
-
—
•
Santa
-
Barbara
Total (19 Cities)
,
+ 40.9
256,175,165
4.7
77446,321
5.250,230
+ 36,1
Xl72,081
3,676,419
305,129,000
7,690,447
2,151,177
5,072,075
"+13.3
288,190,362
5,953,446
265,768,000
345,610,000 i
5,616,264
3,842,701
6,325,267
97,339,796
67,902,603
194,371,478
159,771,852
+ 21.6
18,210,080,267
16,535,892,677
587*650,107
61,823,181,212
+ 22.4
399,432,969,229
360,251,079,914
12,601,686,299
28,005,168,999
-
SMtslde Maw Vftrlr
■♦Estimated.
+ 57.8
+ 35.7
,+21.1
183,097,485,933
167,154,738,704
5,.631,138,110
Moment of Condition of the 12 Federal
(In
thousands
of
July 31,
preferred
,
Hold certificates
Redemption fund
for
P.
17,352,209
R.
notes
+
751,347
industrial
—
298,236
and
loans
advances
—
257,883
.
Acceptances purchased
+
:+
1,925
9,143
+
12,529
—.
48
—
1,125
27,926
14,576,659
Certificates
7,665.637
Botes
5,863
•
$
+ 170,630
—210,095
595,600
755,290
Bonds
Total U. S. Govt, securities
Total loans and securities
Uncollected
13,000
14,925
41,099
83,545
+>
foreign
+
—
+
500,792,775
483,733,344
9.4
10,127,089,703
9,045,893,173
+19.0
4,731,469,279
9.3
+
4,434,138,950
4,268,671,3211
mmum
+
1,545,126
PARTIAL
39,465
—
32,847
+
1,683,511
+
1,613,964
•
:
mortgage
convertible
Devoe & Raynolds
liabilities—
debentures
preferred stock——^Oct
due
554
+
Deposits:
Member bank—reserve
acct.
XJ. 8. Treasurer—gen. acct..
16,092,663
353,002
824,366
506,226
„
+
101,479
—160,248
+
826
184,713
—
—
323,921
71,619
+
—129,562
+
818,323
75,499
1,754
+
'403,572
+
—
1st
844,601
+ 1,260,013
1
Sep
269
7
Koppers
" 551
-/■ *,
D, due 1962JSep
I
Sep
1
1960
66,944
—
V3130
I
deposits
Deferred availability items
Otter liabs., incl. accrd.
divs.—
„
„
17,776,257
1,746,921
11,526
—
l+
••
2,414 *
Pacific
Ry.—
trust 4V2%
'
mtge. & collat.
v
43,852,412
-129,828
+2,068,910
184,023
I
71
27,428
2
Total liabilities &
cap. accts
■ntlo of gold
certificate re¬
serves to deposit and
P. R.
toote liabilities
combined
indus-
..
74,325
<+
12,571)
+
358,355
130,202
+
+
U66
—
263
43.0%
-128,591
due
1964
Sep
1st
due
1
*
-
>
Oct
1.5%
New
&
trust
York
Utilities,
6%
ref.
certificates,
^
bonds,
Inc.—
series B,
lien
and
mtge.
issues
■
y
ref.
mtge.
5 Va %
Page
Date
Albany Perforated Wrapping Paper Co.—
1st mtge. and col. trust 20-yr. 6% bonds due 1948
.-Oct
1
Armour & Co., 1st mtge., 3^8, series
E, due 1964
Sep
3
Bessemer Limestone & Cement Co., 6% preferred stock.Oct
1
Blumenthar(Sidney) &'Co.,'Inc.; 7% preferred stock—Oct
1
Bridgeport pas Light Co.,. 3% debentures due 1952
Aug 30
5V2S
due
549
«
;
1
1947
4
678,
739
Anytime
92823
bonds
1
Sep
Sep 15
731
! ?
599
n
7311
-
Sep
1948
■
X
Oct
1, ; 92447
'
series E,
due 1960
1
.
«
.
1; 92769
:
1
92769
2
1
93144
Oct
1
92015
Sep
.Sep
3
7
*
m-
bonds, series A, due 2022
July 1, '47
20-year 1st mtge. 4% bonds due 1955—Oct
1
12499
598
'
1959
1956
Texas Power & Light Co.—
6%
415
678
*
*
•
and 5%
20-year 6% gold notes due 1948
Sunray Oil Corp., 3%% debentures, due
Superior Oil Co., 3Va% debentures, due
called
.
L
' ^ 283 '
28S
-r
due
Standard Gas & Electric Co.—
entire
721
55Qf
Aug 24
•
'
727
'
series N
Real Estate Co., Inc., income debs, due 1951__Oct
Scranton-Spring Brook Water Service Co.—
|V
Scranton Gas & Water Co., 1st mtge. 41/as due 1958-Sep
••
Spring Brook Water Supply Co.—
■
;
1st refunding mortgage 5s, due 1965
Oct
Seagram (Joseph E.) & Sons, Inc., 3y4% debs, due 1965_Sep
Southern Pacific Co., 40-year 4J/a% bonds, due 1968
Sep
466
734
1971—
727
•■
1
Schulte
mortgage bonds, series B, due 1995_Sep 16
Western Auto Supply Co., 3 Vi%
debentures, due 1955—Sep
1
v:,
equipment
lien
>
.2801
'2-.,'"'
Rochester Telephone Corp.—
1st & ref. mtge. 2%% bonds,
731
/
stock———-.—..-Aug 31"
preferred stock..————.—Oct
preferred stock," series" A.—J————Sep
f $5.50 preferred stock, series B
Sep
1st
'
bonds
preferred
Pennsylvania Gas & Electric Co.—
:
,
683
423
9313(5
,
Phillips Hotel Operating Co.," 1st leasehold bonds
Public Utilities Consolidated Corp.—
426
1
Corp.,
Northern
<
5
11513
.
-
5
2%%
41,659
+2,170,287
—
•'
^-Sep
1st lien & ref.
Company and Issue—
44,496,543
"
4%%
North Western Refrigerator Line Co.—
684
684
-
;
bonds
1st & ref. mtge. series B 3Vo%
Virginian Ry.— '
-•1 ■
3%
~
1
Co.—
trust
Saint Paul Union Depot Co.—
liabilities.
■
bonds, due 1975
Pennsylvania Water & Power
Ref.
„..^ep
...
Inc.,
Co.,
Mead Corp.—
.
419
Collateral
*
683
X
681
^
559
1
;:-vr $6
681
3
1970
5J/2% deb. bonds due 1957-Sep
Masonlte
680
;
Empire District Electric Co., 1st mtge. 2Vt8, due 1969—Sep
1
Hygrade Pood Products Corp.—
'
1st & ref. mtge. conv. 6%
bds., ser. A & B, due 1949_Oct
1
International Paper Co., 5%
preferred stock
Aug 27
Northern
Total
due
55S
13411
1st mtge. bonds, ser. A and ser. B, due 1969
Aug 20
Phoenix Corp., 4% conv. subordinated debs.__Sep 16
Liberty Aircraft Products Corp., $1.25 preferred stock—Sep
1st
series A,
preferred stock—.————Sep
1
7% preferred stock—
Sep 13
^
415
..
2
Sep
Co., Inc.> 2% % debentures due l965.Sep
mortgage 3y4S,
553
681
Indianapolis Union Ry.—
'
,
:
'
Ref. & Improv. mortgage, series B 2V28, due 1986—Sep
1
Iowa Electric Light & Power Co.—
w
V" "
1st mtge. bonds, 3Mi% series A, and 2V*% series B__Aug 26
Iowa Public Service Co., 5% debentures due
1968—-Sep
1
Page
Elgin, Jollet & Eastern Ry.—
SPederal Reserve notes
.678
92143
679
§2824
REDEMPTION
Optional $3 conv. preference stock, series of 1929.
Brooklyn Union Gas Co., 4% debentures due 1969
4%
1966———
Haverty Furniture Cos., Inc., convertible preferred stock.Aug 25
Hiram Walker-Gooderhara Si Worts, Ltd., pref.
stock—Aug 27
■
>* ■ ■
P&gaf
Aug 29
3%%
Blue Ridge Corp.—
+2,170,287
due
3>/as,
Illinois Power & Light Corp.,
1st and ref. mortgage 4V*%
bonds, series
Continental-Diamond Fibre Co.—
." —128,591
mm
■
Date
727
3
Date
Bangor Hydro-Electrio Co., 6%
mmmmm
Paper Co., Ltd., 1st mtge. 5s, due 1956——Oct
1
Great Northern Ry.—
4Va% gen. mtge. gold bonds, series E, due 1977—JTuly 1, *4?
Aireon Mfg. Co., 60-cent convertible
preferred stock.—Aug 31
357,352
m
Gatineau Power
Page
—Any time
.....
Company and Issue—
—1,102,350
m
Great Lakes
Carolina, Clinchfleld & Ohio Ry.—
1st mtge. 4s, series A, due
1965^il——v;.. 418
Chicago to Western Indiana RR.—
44,496,543
make
1
2,021,093
4,142,203
.
+
El Paso Natural Gas Co., 7%
Franklin Simon Sc Co., Inc.,
1,598,087
_
Otter capital accounts
for
Date
St. Joseph & Grand Island Ry.—
1st mortgage 4% bonds due 1947——
27,763
—
23,593,186
23,880,120
Total assets
.Oommitments.to
li. fclal loans
v
1,791,966
4,444,841
+ 24.7
Citizens Utilities Co., 5Vz% 1st mtge. bonds, due
l948_Sep
1
Delaware-New Jersey Ferry Co.,
preferred stock
Sep 30
Dierks Investment Co., 1st mtge. 6s—_JDeo
1
corporate bonds, notes,
called
*
premises
Otter assets
Capital AccountsCapital paid in_;
Surplus (Section 7)
Surplus (Section 13b)
stocks
Lackawanna Laundry Co., Inc., 1st (closed) mtge. eVaB-Sep
2,029
+
banks
Foreign
Otter
list of
a
common
Company and Issue—
95,281
IBank
Total
4,131,152
.
+ 78.6
V
iXmsIa
25-year debentures series A (subordinated) due 1961-Sep
X
5s due 1951—Anytime
NOTICES OF TENDER
85,733
—
of other banks
items
and
124,644
securities:
Bills
notes
•f—27.0
537,500,733
General
Other cash
Discounts
—
18,103,556
Total gold Ctf. Twrvti*
from
2X87X66*1
>:
Butte Electric & Power Co., 1st
mtge.
Central Arizona Light St Power Co.—
redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
Aug. 8,
1945
1946
1946
Duo
+
11,521,143,581 '
1st
Below will be found
_
W. R.
25,782,008
v
Burns Bros.—
Helices
dollars!
Aug. 7
Govt,
',
Company and Issue—
Redemption Calls and Sinking Fund
Reserve Banks Combined
fJ. 8.
•
tNot included'in total.
■
Assets-*-.
80,487,203
•■
X43_8,880
2,808,222,864
Grand Total (195 cities)
73,163,420
.3>
7,143,338
194,046,912
15,450,790
31,574,657
—
Stockton
8.8
+29.5
mm****'-»«■>•-''
8,905,463,275
Fasadena
£';
+
27,617.546
49,477,625
+ 25.0
74,548,715
35,774,031.
/
168,352,429
+ 39.2
.j
-
64,293,030
+ 30.7
■
8335,720
s
314,015,536
16,518,191
-.
lmi-
81,100,070
gold
debenture
Walworth Co.,
•Announcement
Vol. 163.-.
in
; v.
*
-j" i
■
:'"i i
this
issue,
tin
Vol.
161.
1 *ii»? t-i I*
9In
Vol.162.
92901
J la
865
CHRONICLE
[THE COMMERCIAL & FINANCIAL
Number 4515
Volume 164
When
'4
ti
"J1? 1
■
I'"';,
+++ l:
name ot Company
Foreign Exchange Rates
+ ';V
Bloch Brothers Tobacco,
OORKION EXCHANGE RATES CERTITZSI)
7'
*
v
-
'
'»
,
..
Aug. 2
Offldal^...,^.^.
...,„
-r.tfii.'V.ji.'rrfAustralia.»pnnnri
m.n
-■■■■■
■
n
3.214113
,—_
—
Belgium, franc
3.214113
.022859
.022857
Official.
•
;
.
,
-•■•Free
.i
n.
1.000000
'
.in
.
(British),
rupee «■><!*
.020060
v
;+.208765 +
.208767
.208767
y. i
4.033593
4.033515
-■
Carman
4.033593
4.033515
,
'
__
+,'.008408
.008409
,301824
Y++;
Central
■'■++++
:
■
.377892
.377892
i'"S+:
**
.205963
,377892
1,000000
1.000000
i.oooooo,
1.000000
.960833
;960208
.964583
V
3.227000
3.227000
3.227000
.201612
'Hk
+'201612
.201612
.040501
.040501
:n
-T.—
.091323
.091323
,278150
.278181
.040501
—:—
.040501
:■
Closed
.278172 +i
krona-----»--_^,^,f-...^-.^--«rf^**,,,
.091323
,278172
.287164
.
.233628
,233624
4,005000
.233628 :
963125
:,1
r,ri.
■
■■■■■
.
Non controlled
28,/eC
.562716*
:
Of h™
9-14
:
^
"""
' 50o
**Temp9rarHy omitted.
/I
....
:
t
-<*4
f.;,
.
Class
banks of the Federal Reserve
'
System in 101 leading.
following principal changes for the week
July 31: Increases t>f $1.09,OOQ,OpQ in. loans and
tended
i\ $138^000,OOO in United States Government deposits.
8-20
/increased quar ).—5Qc
class A (qua .)
■•;;; 8-30
8-15
Commercial,
-
industrial,
agricultural
and
4
:
loans
'
in-
.
'8-30
8-15
$1.50
9-16
A 8-20
50
VA. 9-16
40c
■-
'
4
.
Holdings' of Treasury bills declined $125,000,000
:
>
hi
c^*wP"w""York—
of New Yo
cf
•
——*
—
«
80
Mfg.
Hersey
(par
Co.
$100)
LoCkwood Co.. (par $50)
Boston Athenaeum
(.par
7
1
England Storage Warehouse Co.
15
New
20
•
$100)——16J/2
47%
Suffolk Real Estate Trust
"
Gold
Chandler
280
-
.
(par $25)
comippn??
Coy N^
6%
■
r
7%
increased in nearly all districts.
#!
1
and
$85,000,000 at all reporting member banks, and de¬
clined $19,QO0;0OO in the Chicago. District.
A summary
of the assets and liabilities of reporting
jmemlber banks follows:
tin mmion«
' i;
dollars)
Decrease
July 31,
1946'
Assets—
The dividends
60,662'
'
1.1
Loans
to
Wl
■
industrial,
-
-[
and
-••^lrtlllH»l»-Yr'l«l"P
brokers
and
chasing or carrying:*
U. 8. Government
I
"
+109
for
Air
,+1,519
(" ''
•
—
+
44
+ 2,092
i; I"
932
+ 100
672
—
k
• i
—113
+
61
1,332
19
+
277
640
189
68
+
4
i+
773
-17
9,605
48
1—
Co.,
$3 participating
Participating
976
17'
21
26,936
D. S. bonds—-—
•3,481
;
3
10,221
76
580
40
2,175
43
+
95
Reserve with Federal Reserve Banks.
Cash in vault—
.—
Balances with domestic banks.
'
—4,610
+ 1,738'
•--
Demand deposits adjusted..
Interbank deposits.:
Domestic banks.:
Foreign banks-,
'
Equipment,
178
+ > 388
Atlas
,+
37
•+'
.5"
39,362
10,159
7,354
+
+ 138
OU
&
.
Debits to demand deposit accounts except
Interbank and p. S.
Govt accounts,
during week—
,
60
1,273
8
;4|25|
$5
—5
+
25
204
128
Beaunlt
15,661
Mills,
Birmingham
Gas
prior
(quar.)
;7:..
Company,
preferred
6%
^ 9- .3
v
:
A
(initial).—
'
s
•
^
H 9-10
10-1
%12%0
$i2y2c
.
8-31
8-16
8-20
(
;+9-4
—"
3
8-15
9-
•:
(quar.)
9-15
$1.50
9-3
•
•S-16
8-31
5o
8-31
+8-31
—
8-16:
f 8-16
+'
8-31
""Z.ZZ
80
' •■'SVaC
8-16
8-31
+ 8-16
8-31
?
8-16
•
8-16
8-31
—
,;i
4y2C
•«■—•*"t—■
.
8-16
8-31
+3y26:
'
8-31
'
A 8-16
1
A 8-31
8-16
8-16
8-31
.shares————-
f
8-31
shares..
8-16
8-31
10
————10c
Bond
8-16
'
.'■■■■■ yk'y,
——-
—ZCZ-i.-."-•
—
,
8-31
2c
shares—
ft
8-16
8-16
8-16
5c
8-31
8-16
6c
8-31
g-16
4c
8-31
'+ 8-16
3y26
V20
8-31
+
——
shares
~
—
""Ty '
shares
.
:-¥i
-yyy
^hares——""""ZZ
-.r)-40-.
'Ac
-+;-:"~""":~""'~""ZZ.
Equipment - shares
8-31
'i
.
shares
——30;
Preferential
participating
(M.
A.)
;
+
•
8-31
-1'25
10- l._,
'
^
-
-•
8-16
8-16
9-16
+;•!'<•
x^; > •;■. 25c
(jujtj^
25c
(quar.)-—
(lrre^-,^^^
8-16
8-16
8-31
.
Company common
$4.25, preferred (quar.)
8-16
8-31
,1 8-31
,
participating
+ 8-16
8-31
,2%c
.
Manufacturing Co.—
8-16
8-31
—
—
8-16.-.-
'8-16
8-31 ' ft 8-16
:
8-16
8-31
4c
shares
A 8-16
8-31
.Extra ———-—''—'
;®^|^,"8hare6;;f"""~"","'"::"Z—ZZZZZtZZ-ZZ^\^Z"-':".,;5®;.
'i
i+8-3t^
4C
-lc
'
^
Utilities
8-16
18-31
8-31
-
9-30
Z
.
8-31
9-11
8- I
1-i
9-20
12-18
12-28
Z
i
8-16
8-16
8-31
4c
Shares
Railroad Bond.
Hanna
A
8-16
8-31 •"
lo
8-31
Priced
Hamilton
A 8-16
8-31
4C
"
:
8-16
8-31
10c
^
;
"8-lT
9- 2
9-16
•8-16
8-31
+
Preferential
9-13
30c
8-16
8-31
3yzc
-'
87 %c
k-L '-k
8-31
,...
—-—
Tobacco
10- 1
8-20
4c
lc
'
_Z— '•
+
8-20
:
■
8-16
75C
+ 8-15
sy2c
6-16
•
8-31
9-3
9-1
4'Ac
Railroad Stock shares——
SI
8-15
2o
petroleum
'
8-16
25c
—-r/:'---:rrfc"""''--""'""""ZZZZZZZ•"••• ■;.•eo";
Extra-
■-
8-16
9-14
-30c
:
Railroad
:
[
9-14
.
$U8
.[rTr
(initial)-—
"'
,*A«
35c
'
•
8-15
+
8-31
~""ZZZ.
—
Bond; shares
Extra
+ ;;■
+ 9-20
9-10
3c
Extra
Mining
8-15
>
8-24
8-31
9-16
8-15.; A 8- 5
*
,
-
Administered shares
Extra
'
9-14
S3
8-15
;:
9-10
-
Merchandising
8-28
6c
•'
8-30
1
;
256
-
___
(s"
————
-shares.
Extra
8-20
50C
■
9-
20c
——'
Industrial" Machinery
9-5
$1.25
—
pfd.w
(quar.)—
pfd.
•
It 8-15
■v.
9-11
8-19*
9-15
30c
15c
8-23
9-20
20c
common
:--e;
8- 9
9-10
v
+:
3
'11-15:
Equipment
Low
■
9-
.p,V:Vj;r
Extra
.
Fully
9
9- i
1
...
—
&-Cement,
I
4
' & 30c yk 9- 1
Birmingham Water Works, 6%
jr.
$4.50
$1.12%
\ ,f :;75q
(quar.)
Inc.
,
8-16
1^1
0-25
25c
$1,50
»"•
8-15
A;
3
10- 7
shares
9-
f' 8- 9
0-
•
Fire Insurance
Institutional
9-3
7-31
8-15
->
^
10- 7
*^uatt
+: Extra :
\ Food
;•
8-15
8-
9-14
10- 1
$1.75
11-1
■
Electrical
8-22
3
8
9-1.3
——
Extra
9-13
9-3
$4
Manufacturing—
(irreg.)
—...
Bessemer Limestone
$3.50
—
Seelig
.•>•
8-12.;
8-
9-30
•10-1
shares
8-31*
9-1
(quar,)
Vv
8-12'
)
3
8-15
Corp.
—<—-
Chemical
-ft
8-30
9-14
9-3 +.
•9-
•
60c
Extra
•
Inc.
Extra '
*P!vtiT9i
.u-9-;i-
v:;
$1,50
.
$,1.50
5 6 Vic
8-15
——40c
(quar.)
Building shares
;
——
r
V $1.20 class A
9,374
"
(accuttL)^
preferred
Co.—.—
^ Common
a
9-14
(monthly)
Building,
Barlow
—6,429
4%%
Mills
1,829
£
Borrowings
:•■•:
8-23
%
,9-13
75c
8-30
i
,
—
Bhares
Automdbile
General
9-
^ 8-31
+
50c
—
9-14
50c
8-22
9-10
■
$1 75
Extra'
a
8-22
3
■vV 9-10.
50c
3Q0
-t«
-Griggs Cooper & Co., new com.
Group Securities, Inc.—
Agricultural shares
8-31
9-
l2%C,
——_
Monthly';:
+ 1,415
+
26
—>—
Powder
Avondale
Bareco
65
.
Charlotte Air Line Ry. Co., (s-a).
Atlanta Gas Light 4%% preferred (quar.l..
Atlas
Corporation
(increased)——.
Balfour
—
:—
(accum.),
Atlanta &
Liabilities—1
Time deposits.
O. S. Government deposits.
„
.
,
25
Eastern
9-40
,.50p.
25c
$1.75
Hirreg.)
convertible :prior preferred
$6
Aro
i
1
,
•
Pacific.Tea Co., common-7%' preferred; (quar.)—
8-31
-50o
..
'
preferred..1
common
Armopr Js! Company—"
883
+
.
News
American
Arden Farms
451'
'4,955
/
Great
9-14
Illinois+tquaorj';#&.? -15C
Co.^..—...
(auar.)—.—>
Co.
9-30
40c
$1
Co. (bi-monthly)
Woolen Co.,
7%
pfd.
American
+-
25
'
•
•
^
Great Atlantio, fc
•
A-30
HJ0- 1
'
American Meter
88
IPreasury bills
'Other securities
15c
12V2C
292'
-
1,932
Treasury notes.
9-9
-
American Laundry Machine Ry.
1,355
Loans to banks.
Treasury certificates of Indebtedness
(
•
Gordon Mackay & Stores, Ltd.—
(initial quar.)
——Class B
(initial quaT.)
7-—---
of Ree.
•
9- 8
'
(quar.)
(quar.)
Ameriban' Chible :Co.
525
—
482
Other loans-.
...
& Socket
American: Investment Co.',rot
'
Other securities.
■X
—...
American Forging
'
Real estate loans.
";9-12
,20e
+...+■
1
9- 3
•
Co., common, (fluat.j-.—
'$^25.
(quar.)—.500
common—
Motors,
$5 preferred
Holden
Payable
7 20C
(quar.)
Allied > ^laboratories
' 7
<
(quar.)«.—.—.—85q
Co.
Associates, Inc.
Extra • +i.
Allis-Chalmers Mfg. Co.
8,018
pur-
obligations—
Other securities
i
Acme'Steel
,.o.
8-
i+6-20
quarterly
---"r7;"""rinltiTir-ZZ
Publishing Co. (initm )Company, cpmmon.-——
595?rpreferred;
General
announcedUiij v^ek are:
'
*-"T-ilV,ITlrl1^<fl»ll»IIW»
dealers
Other loans for purchasing or carrying:
tr. S. Government obligations
—
•
$
—3,034
8-19
8-10
ZZII
^c"-rr$
Gas.
&
Extra
When
«-16
9* 3;
50(J
;
& Stream
;• Aviation
SAars
5
8-
8-27
•
^e^neraL Industries
.
;
Nome of Comvanf
S
•;
agricultural
'
I
1945
+ 115
14,912
Loans—totaL
-^••)"
->
■y Class A
Per
Aug 1,
11946
8-15
8-15
v
:.
iDiiddends are grouped In two separate tables. In the
first we bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, hut
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are. given
under the company name in our "General Corporation
and Investment News Department" in the week when
i^-l Since
July 24,
4 $ m
.
(Loans and investments- -totaL
Commercial,
h_pfd. (Q
Tractipn. $e pld. What.).-
Water
Flintkote
DIVIDENDS
Increase ( + ) or
8-16
AK 8-. 8
$!.12 Va AA9*' 3
(stock dividend-)adivioen
-
Increased
Field
:declare<te':$|®^
'"
8-15
9-13
^
$1-75
-
Borrowings increased $82,000,000 in New York City-
■
,
8-20
8-30
(quar.)
•General Public Utilities
.$49,000,000 in the Cleveland District. Time deposits in¬
creased $26,000,000.
United States Government deposits
,
8-15
i
8-31
i
50c
'
Associates
preferred
Federal
-
f
8-30
'i
fOKh 1
7
(quar.)
(quar,).
WSBmto**
Demdnd deposits adjusted declined $74,000,000 in New,
York City,: $44,000>000 in the Boston District, and $65,-
€00,000 at all reporting member banks, and increased
!
i:
9- 2
■
4c
"ZZZ
(quarO—H^
Employers Reinsurance. Corp.Fajardo Sugar
Farrell-Birmingham Co,,
'
-
•
8-15
8-20
A -8-29
5c
y
.
:
25
Gas, common———:—
Emerson Electric Manufacturing
.
.
8-24
1^:9- -3
,v
8-27
20c
El Paso Natural
M
;
»g
(guar.).
class
Hosiery M11U
8-23
8-12
X
<>ik 8-27
(irreg.)—77*"""
Utilities
Eastern
—
.
(Chicago)
(quar,)
class A
8-23
9- 9
9-16
Corp.—--""""nZro"—""
Insurance Shares Corp.
preferred
preferred
7%
--
debtedness increased
.
8-20'
8-161
,
500
Vb
Holdings of Treasury certificates of in-w 400 H, 7B.< -Smith •COy,'1,520
Boston Metropolitan Buildings, common
1.80
$110,000,000 in New York City and
^10 ^Boptt Millsi: (par $100)
460
1
$48,000,000 at all reporting members, and declined $25,1100, Cheney Bigelow Wire Works, common...^fc.13A
€00,000 in the San Francisco District and $16,000;000
15
Consolidated Investment Trust (par $1)
—
25
8
Hettrick Mfg. Co., common———
27'/a
«ach in -the Boston and Chicago Districts.
Holdings of
3,525
Revoir Corp. (par ••$!)..—————:—
$25 lot
United Staies Government bonds, including guaranteed
10
George E. Keith- Junior, -preferred (par $10)„
26
Dbligationsf declined $19,000,000 in the San Francisco
"Jk- 25 4Bi$(ston;Real Estetr^^fe^^
;
District, $18,000,000 in New York City, and $21,000,000
f -w
BONDS L >
Per'Cent
at aU reporting members and increased $30,000,000 in the 4
$5,0Q0i North Terminal Inc^i
^
'19^0 %ith ;;lO shdres : ;■
^
Chicago District.
stock; _1
X lnt«<
^
:
«>
$7^000,000.
■£:
^
——
& Bound Brook RR. (q
Co. (quar.)..-poembeoher Manufacturing Co.—
Increased
quarterly
—
•
C, C. Birchard &
50
;.
1
East St, Louis !f Interqrban Water Co.
$375 lot
, 1 %
15
Co.;:(par $l00)^-^--~AvJ7^_-,-i.-i-^iv,"367.67:
■
Copper Range R. R. Cp.} common (par $50)
295 1 Copper <Rang6 R/R;jfCOi, preferred "(par $100)---
(i
6
■,
Doughty
Standard
Tire Co. (par $10)
V'l
(par
-
(par $100)l-«-—
Tnc; (par $1); "6.000
Mines,
147%
;
?
Mills
7-31
9-, 2
-
9-
Diamond1 Alkali
,
8-12
8-31
14%c
v>>;9-
Delaware
330
$300)
9-12
5Qc
Dayton Power & Light,. 4%
—■———
8- 1
V
10- 1
Corp.——25c
(increased)
Davenport
37
(par $10)—
;
1
10-
v
...25o
Gpshman's Sons, 7
6
—--r-
preferred
8-12
8-31
conv. Pfd. Vquar-)
Broadcasting, class A (increased).
Forster
8-12
;i
Shares
Aikman
preferred
8-10
8-15
goq
$5.60
shares
Curtlss-Wright,
Cos.7:areferred--ii^^*-*—
Taxi Co.,
Checker
,
■/.^ District'^ah5d4$23,pp0,000 in the San Francisco District;-,
4 at all
reporting member banks there was a net decrease
7%
Share
'
7
;;
New York City and increased $55,000,000 in the Chicago
-
Associated^ Textile?
^
^'200
&
Crum
J 20
24 I Pemberton Building Trust -(par $ 100)
-
1
■
-
9- 3
$1.25
—
8-10
•
8-20
»!•»»■ +>'9" 3
Zellerbach
Crown
Wednes¬
$ per
STOCKS
+ 8-14
;8-20
>
A
75c
shares
B
1
8-31
8-15
2%C:
.
....
-8'A
24%
—
8-
7-31
,r
9-14
.—
Curlee -Clothing Co.,
Shares
,
f
7
8-20
8-15
+
8-15
Corrugated Paper -Box Co., Ltd.
;f,r
5%
preferred (quar.)
—-—7^">
Coty International Corp. t
7
Crampton Manufacturing Do. (initial quarj
Crown Capital Corp., class A (qu
day, Aug. 7:
Loans toM
$44,000,000.
Reading Fair Company (par
•
Transacted by R. L. Day & Co., Boston, on
brokers and driers for purchasing or carrying United '
states Government obligations increased $107,000,000 in'
l<(ew« York oty and $100,000,000 at all reporting member banks;, other loans for the same purpose declined "
$38,000,000.' Loans to brokers and dealers for purchas¬
ing or carrying other securities declined in nearly all.
districts and the total decrease was $113,000,000.
: r ^
;
-
was
9-
Service—
Public
Trustee
(Continental
41
(par $10)
SIQ)^
4 ftfJ^iladeiphia Boprser (par $50)——
20
-
^
8-10
.
1
Continental Casualty Co.
&
Jenkintpwa Bank & Trust Co.
50
•
creased in most; of the districts, and. the total increase at
.
4 all reporting member banks
''
Shares
cities shows the
v
9- 3
-•;.
J25C
5Qc
Lofland, Philadelphia on
'!
STOCKS
;
Jper^hare
by Barnes
Wednesday, Aug. 7:
Transacted
The condition statement of weekly reporting member
V
8-~5
3
'
—j 25
Auction Sales
CoHdition Statement of Member Banks
?
9-
Colorado Fuel & Iron, 5%
'
8-31
+
8-30
$1
t20c
^^pTVust—
Trust—
International
&
Columbia
.,V.
9-14
r.y
8-31
,
Investment
Co.
Bearer
3
■
Oa7arwitS;i%"pid" W)"
Registered
Collins
8-13
9-
0-16
Louisiana
Collateral
■
rate'.
8-20
;Z
10- 1
;
4175
$
*
*Nomlnal
8-15
5()o
Doca-Cola
.658300*
,.562716*
.'562716*;
.562716*
,562716*
.
.658300*
.658300*
.658300*
;.658300* A
3
8-31
B.
Coca-Cola
\
9-
25c
:i-
---
of Chattanooga
5% preferred, (quar.).—
Cleveland Builders Supply—
ff •-<+
:
8-19
20c
.
;
■
4.005000
r.yp
3
8-29
City Water Co.
'
4.005000
9-
9-20
45c
,
II2I—Z-Z-.1'-:'
Cify
■;
.233628
4.00500,0
.233628
4.005000
;
10-15
9-16
10- 1
2&
Company, $2
'
.091323
.091323
Controlled
■
.040501
10-30
g()c
$6 preferred
6% preferred
.
.201612
.201612^
Corp.
Illinois
Central
•
3.227000
.
8-15
.&0c
i——
1
8-22
25c
(quar.)
—
(quar.).—'
Electric (quar.)
Central Surety & Insurance (Mo.)
(quar-) —
Century Ribbon Mills (quar.)
—
Charis Corporation
—
Chiksan Company (quar.)
.205946
.377892
.20 59 6 3
:
.205963
.;
•
Tire
&
Class
.'301824
■<£
8-15
10-
8-31
^
i
preferred (accum.)
.301824
+!
+/
.
...
5%
.008409
.008409
.301824
Closed
.960416
Union of South Africa, pound
peso—
:
3.227000
„
Switzerland, franc
;Uruguay,
.288765 +
■
a
1.000000
•...—
Zealand, pound
Norway, krone...
Portugal, escudo___
Spain, peseta.-,-**^--,
'
—
1
8-20
1
3
9-
(quar.)
International
Canadian
-
£.205927.
4 .377892
Official-
Hew
Sweden,
.020060
•■#;:».■ ««■
Free...
Canadian
.570066*
++•+ .570066*
.570066*
.301824
Netherlands, guilder...*...^—~.Hewfoundland, dollar—:
••.
■
.962656
9-
(quar.).
common.....
$2 preferred
Canada & Dominion Sugar,
.020060
4.033593
+ -/...V'v
pp«n
.967187
.965312
.020060
: .008408
mt *m ww mm +» m mmmm4tm mm mm mm mm ••••—•—
Italy, lira-,—
Mexico,
1.000000
.570066*'
.208765
England, pound sterling
France (Metropolitan) franc
India
V+V' 1.000000
.963437
i
;
;
.020060
A
8-
_—r-
'Semi-annual;
Special
."Callaway Mills,
.053360
1.000000
1.000000
preferred
$3.60
.570066*
;
Czechoslovakia^ ■ koruna.u..^
Denmark, krone
•
++
y.962421
P*-<
;
Colombia,• peso
■
.053360
r
-
8-15
10-15
Corp.
Manufacturing Co.—
41/2% convertible preferred (quar.)-.——
Butler Water Co., 7% preferred (quar.)——
California-Western States Life. Insurance—
"+
.053360
.053360
.053360
.......
Canada, dollar-—
Offlclal^.^..w..^.^......,
-
9-25
683Ac
Bush
.022858
■r
Brazil,' cruzeiro-—:
I
3.214113
,3.214113
.022859
Closed
8-10
9-30
,
preference
Co.
Company,
Burton-Dixie
.297733*
-7241247* *
.251247*
3.214113
"■",
.022859
8-15
Brunswick-Balke-Collender, com. (quaE.),.—
$5 preferred (quar.).—rr.r""'
Buffalo Forge
Co.^—-—
—\
Bullock
Fund, Ltd.—....
Aug. 8
.297733*
.'251247*
.251247*+
.251247"V
'
■
Shoe
Brown
Aug, "7
.+++;:+X;:tr'+'+;;
1297733*
.297733*
.297733*+-
-..
Aug. 6 +
$
9
V
*
Aug.5
Aug. 3
"A
of Ree.
Sh0"c
^ &()
>
9-3
BrwT% prrtlclpafing
>.
■
& Co., Inc.
■■Brown-McLaren Manufacturing
Vidua In United States Money
.Argentina; peso-*+..+$;
*
3QC
kZ+lZ
ZS+ + ++-;
(S. F.)
Bowser
Rate for Cable Transfers In New York
Noon Buying
Country and Jutonetary Uzilt
common
BolOert
Payable
•'•';•';: '
6%
preferred
(quar.)--—-—«••'.Bourjois, inc., $2.75 preferred .(quar.)— -
ACT OF 1930
FEDERAL RESERVE BANK TO TREASURY UNDERTARIPF
AUG, 2, 1946 TO AUG. 8,1946, INCLUSIVE
,
':;i
••
Pursuant 4» the requirements ol 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
world.
We give below a record for the week just .passed:: ,• Z++ /p+Z. U '+ +Z| ++ § kZ+ ;+J :Z+kZ+Z+Z:++. Z+k+Z+:c+
r
.•
,
:
8-15
Whan
Hr\
;
;
Harshaw
Name of Company
Chemical
Co.;
***250
common—/
4%%rWveTtiblVlpre~ferred
(quar.)
„.
convertible
Oil
9- 1
141.75
preferred (accum.)
Company-------------Gas, 5% pfd- (qua
Mining
Hiawatha
12 x/
Hilton
Hotels, 4% conv. preferred (Initial)
ou
Hobart Manufacturing, class A
*
Holly Stores, Inc., new common (Initial)—
10c
Hoover Company, common
(quar.)
4%% preferred (quar.)
Houston Lighting & Power Co. (quar.)
q£.
Howard Stores, common--.——
4%% preferred (quar.)
0fil/
—.»?•
-1
Huntington Water, 6% preferred: (quar.)—
$l-*0
7%
preferred (quar.)
Hydraulic Press Manufacturing Co.—
Common (quar.)
6%
convertible
preferred (quar.)
International Nickel Co. of Canada—-——• i
3
8-21
9-20;
9-10
8-20
9-1
3
8-12
International Silver
New
Iowa
common
—
H.)
1
8-30
9-16
8-30
9-20
9- 6
q/ioc
■-—
8-8
+18c
♦
,
9-15
10-
•
—
10-
1
9-14
8-20
7%
preferred
Lock Joint Pipe Co., common
Common (monthly)
(quar
8-12
t1T,
—
(monthly)
8-31
jL
10-31
10-21
$1
8-31
8-15
$1.50
9-16
9-
f|£Angeles Shipbuilding" &~b7y Dock Corp.—
Manufacturing
Maclaren
Ludlow
Power
Magma
Copper
Mahon
(R.
C.)
Maine Central
&
(quar.)
Paper
& Company
9-10
Corp,,
(quar.)
common
t1
Northern
(Partial
of
?
Indiana
each
Utilities
liquidating
each
Public
share
dividend)
Indiana
share
New
&
P.)
New
Public
York
40C
—
Building
80c
8-31
9- 4
2
8-31
$$2
$2
9-13
8-30
Industry
Industry Series.—
11-
9-10
T
10-1;
10-
Bonds
Stock
Series
8-26
88-
8-26
8-
5
Series
8-
8-26
8-
8-26
8
8-26
3c
8-26
8-
8-26
8-
8-26
5
7c
8-26
88-
8-26
8-26
$2
30C
--
$1
:
$1.50
preferred
Psacolet
Pan
Manufacturing
American
Co.
(quar.)
—
Common
Paul
(initial
quar.)———
preferred (initial quar.),—
(Peter) Inc., new common (initial)
Penn
,
-
•
Electric
Switch
9-16
8-31
$35c
9-16
8-31
—
25c
9-10
: 8-23
30C
9-14
9- 2
$1
Perfex
Pfizer
$2
"
——
—:
-—
,
9-
8-31
25c
9-3
70C
9-5
Philadelphia Suburban Transportation Co.—
i
Quarterly
8
8- 8
8-22
9-5
i v;
8-31
8-
8-15
$1.12%
50c
"*
Corp., 4%% preferred (quar.)——
(Chas.) & Company (quar.)
*
1
8-15
;
8-23
8-23
25C
9-3
-25c
9-3
8-15
•
————————*«•
Pioneer
Suspender Co.
(quar.)
Pitney Bowes, Inc. (quar.)
Pittsburgh Coke & Chemical, $5 pfd-. (quar.)
Polaris
Mining Co
30c
-
IOC
public Electric Light Co.,
public Service Co.
preferred
6%
(quar.)
—
10c
pfd.
(accum.)
Hampshire
(initial)—
Purity Bakeries, Corp.
(increased)-
«
" 70c
:
■.
of Hew
8-30
/
£
9-
8- 9
9-
8-20
3
$1.50
2
8-30
9-
-
8-12
3,
9-3.
37,
75c
;
:
9- 1 :
8-20
v
8-20
8-16
•
89c
;
:
8-15
7-31
500
8- 3
8-19
8-15
8-15
1
9- 3 i
8-21
9- 3
8-21
8-15
8-15
7-31
9- 3
8- 5
'
7-25
10-
1
9- ft
9-
3
8-15
9-
3
8-15
8-15
8- 1
:
8-12
56V4o
7 9-15
8-3®
25c
8-16
8- ft
9-25
8-15
(quar.)
...
4Va%
99-
9-
8-30
;;
I 8-15
8-10
-
8- 5
1
r
9-12
7-25*
10- 2
9-20*
$1.75
38c
10- X
9-20*
v:
;9-ll;
$1.59 7
;8-16
$1.75
9-11
(Initial quar.)
9-14
8-31
8-15
5c
_—
■
8-10
5C
8-15
8-10 4
50c
—-
9- 1
8-15
6%
8-15
10-
1
9-20
10-
1
9-20
$1.50
convertible preferred (quar.)—
Home Products (monthly)
10-
1
9-20
9-12
8-29
750
—
$2
2
8-16,
2
8- 1
.
10-
1
8-30
10-
25C
(s-a)—
8-23
15C
;
10c
1
8-30
9- 3
American Metal Co., Ltd., common.
;
25C.
9-3
6% non-cum. preferred (quar.)...
£ $1.50
American Paper Goods, 7% pfd. (quar.)
9-16
1;: $1.75
7%
; $1.75". 12-16
preferred
(quar.)...
8-15
American Pulley Co. (quar.)
20c
American Radiator & Standard Sanitary, com. - /'•• 10C
9-30
9- 1
7% preferred (quar.)—.;
$1.75
8-15
American Re7Insurance (N. Y.) (quar.)..—.4
25c
9-16
American Roiling Mill, common
250
L-—
4 Va%
10-15
preferred (quar.)
$1.12%
American Smelting & Refining, com. (quar.)
8-30
50c9-14
American Steel Foundries
50c '
(quar.)
American Sugar Refining Co., 7% pfd. (quar.)
10- 2
$1.75
—
-
—
.
i
8-20
9-
6
7
7-30
8-23 •;
8-21
8-5
8-15
9-16
8-
2
8-30
9- 5*
8-1®
8-2®
8-1®
i2yac
9*
8- ®
12y2c
9-
8-
Burlington Mills, new com. (initial (quar.)
25c
4%
preferred (quar.)—.—$1
3Va%
preferred (quar.)
87'/ac
3'/a% conv. 2nd preferred (quar.)
bVhc
Burry Biscuit Corp., $1.25 pfd.
(quar.)—
3iyiC
Burroughs Adding Machine
15c
Bush Terminal Building, 7% pfd. (accum.)$1.25
9-
8- ®
9-
8-
9-
8-
8:
9-
8-
®
8-15
7-25
9-
Die
Hill
Sullivan
it
Co.
9-
5C
Machine
&
Mining
it
Concen¬
(quar.)
Extra
—
Brothers,
common
®,
8*.
5
7-27'
10-
1
9-1®
9-
1
9-
1
8- 1
18-15
25c
7; 4V4% preferred (quar.)
$1.12 ya
Byron Jackson Co. (quar.)———————
25c
California Cotton Mills, new_.
10c
California Electric Power (quar.)
—15c
California Packing, com.
(quar.)
37Vio
■:5% preferred (quar.)
.
*-62%o
California Water Service 4.4% pfd. C (quar.) ,
27V20
Callaway Mills, $2 preferred (quar.)
7 50o
$2 preferred (quar.)
50o
Camden Forge Co., common—
15C
5M»% convertible preferred (quar.)
—
84%c
Campbell Wyant & Cannon
/
25c
Canada Crushed Stone (quar.)
$10c
Canada Dry Ginger Ale, new com. (initial)
15c
$4.25 preferred (quar.)
—
$1.0614
Canada Iron Foundries, Ltd., com. (s-a)—.
$40o
6% non-cum. preferred (s-a)-—
$30c
Canada Northern Power Corp., Ltd.—
Common (quar.)
—
tl5c
7% preferred (quar,)—/ $$1.75
Canada Wire it Cable, class A (quar.)
$$1'
7 Class B (quar.)
.;7 $25c
Canadian Breweries (increased)
$37yac
Butler
7-31
8-2S
(increased)
8-
1
.
9-16
K-.9- I
Canadian
Fairbanks-Morse
Canadian Food
Co., Ltd. (quar.)»
Products, Ltd., com. (quar.)
$1 conv. Class A (quar.)
Canadian Foreign Investment
Quarterly
Corp.,
Ltd.—
9- 2
(quar.)^^^_
Class B (quar.)
Oil Go's,
preferred
8%. preferred
Ltd.,
(quar.)
(quar.)
,
common
'
———
8-2®
10-
8-3®
9-ll*N
1
10-1
;
8-15
:
9-11*"
7-15.
.
8-13
7-15»,
10-25
9-20*
10-15
9-20*
9-15
8-311
■>
:■
9-15
8-3JL
1
8-3U
8-22
7-29»
8-22
7-2»
9-
3
8-15
10-
1
10-
<10- 1
8-3L
-
.
8-31 <
/
,
8-3®
10-
T
-
(qu&r.)^,
9-1®
9-20
$20c
$25c $25cv
$750
.
l
8-1®
1
9-10
$25c
'
——
Class A
5%
-
8-31
11-3®:
10-
$12yac
,1
Canadian Motor & Lamp Co., Ltd.-- r.
Canadian
,
7-3*
9-10
12-10
,
(quar.)
8-15
:
7-31
-7-39"
8-15
—
A
8-15
e-15 v-i
-
Class
12- 6
7-31
9-14
20c
$1.25
-Canadian Car & Foundry, common..(quar.).;
8-20
8-*/
8-15
8-15
$30c
—
9-
•
8-1&
9-
9-15
100%
......
—
3 9-
20c
Indemnity Co.......——
Co.
8-15
1
$1.50
American
American Insurance
Extra
1
9-
12»/2C
$6 2nd preferred (quar.).
American Hide it Leather—
American;
9-
75c
preferred (quar.)
American Hair & Felt Co., common (quar.) —
6% -1st .preferred (quar.)—.—-
8-24
9-10
.
62yac
$3
8-12C
62yac
—
Oil
—
American General Corp., $2 pfd. (quar.)
$2.50 preferred (quar.)...
8-22
—
8-16
25C
——
150
—
8-14
American; Furniture—
common
8- 1
$3
(aflcum.)._i*..iii-^--**ii-^.—*
(accum.)
;
American Fork & Hoe, common
:
New
8-15 4
1
*
8-24
9-30 ;;
8-20
10-
Pipe
trating
..
i:$6 preferrfed
>
$7 preferred
9-
3
8-26
9-16
Hi 8-15/
r
8-15*
9-20
9-
3
8-20
3
9-5
75c
preferred
8-22,
50C
Budd Company,
10- 1
25c
—
7-31
9- 3
8-26
3
35o
Line (quar.)
$6 preferred (quar.)
Buckeye
10- 1
$1.75
—
8-13
500
50C
—
Bruck Silk Mills, Ltd. (Increased)
Buck Hill Falls Co. (quar.)__
7-31
1
10-15
41c
Shares, Inc.
8-" J
9-
8-20
'
(quar.)——
Airways, Inc. (quar.)
Corp. of America (quar.)„__
9-16*7
9- 1
75C
Co., 7% preferred
(quar.)
,—w.—
8-15
50C
160
$4.25
8-16
9- 5
15C
1
9-15
400
(quar.)
(irreg.)..—..—
8*18»v
3
10-1
.
—
9-
10-
$25c
10-
20c
8- »
9- 2
75C
20c
$1.75
$25c
9-10
I
9-10
—
Co., Ltd. (quar.)
Brown Forman Distillers Corp.—
Stock dividend
20C
(increased)
(quar.)
8-
8-15
British-American
9
10-21
-
:
—r".
Prentice-Hall, Inc., common
$3 preferred (quar.)
8-15
9-16
•
$1.25
-
$
8- 1
9-
9- 2
—-
Extra
8-31.
1
8-15
9- 1
8-
•
—
•
8-17
10-
8-15
Bunker
-
Extra-
3.35%
9-20
9-15
.
$1
50c
*"***•
■
10-15
■
Extra
8-12
8-15
British-American Bank Note Co., Ltd. (quar.)
.
9-3
!■;
8-3r
Brewing
10- 1
Extra.
$1.75
8-29
9-1®
9- 2
30c
8-9
75o
Co.—
$1.20
;
9-1
10- 1
fl.18%-
(quar.)^—
8-20
50o
American & Foreign Power Co.r-
,9-,6
8-15
Co.
(Sidney), common (quar.)
preferred (final)
Bohack (H. C.), 7% 1st preferred (accum.)
Borden Company (interim)
Boston Fund (quar.)
8- 2
American Colortype,
,
8- »
8-15
8-15
20c
American Car & Foundry, common....—s 7%
preferred (quar.).——-—
8-16
;:l8-J57
54c
•
Blumenthal
1
Common
•'
$20c
$7
preferred
(quar.)
Peoples Gas Light & Coke—
Peoples Telephone Corp., common (quar.)-*.
4»/2%; preferred
—.——
pepperell Manufacturing Co. (quar,)-r_—
y
'
otxeOf
Bueli
American Bank Note Co., com.
6% preferred (quar.)
8-24
—.
preferred class A (quar.)
Pennsylvania State Water Corp.
;
"
9-27
Boiaert
8-9
8-20
8-30
"V
9-2
9-13
10- 1
$25a
8-26
*
—
Can
-•
50o
$$1.75
Ltd., 7%
8- ft
8-14
Blaw-Knox Co. ———i—15c
9- 5
Business
(}: r40c
50c
—
.
Bliss; (E^W.) Co.;/$2.25 preferred (quar,)«Blue Diamond Corp.
(increased)
—
Blue Ridge Corp.—
$3 conv. pfd. (quar.) "Optional" (cash or
;;./ it share of common stock)
t$2
$$1.50
common
American
•
.
"
.
Braniff
$25o
Goods
American
25c
(initial
quar.)
Parker Pen Co. (quar.)
Paton Manufacturing Co., Ltd.—
7%
preferred (initial quar.)—....—..
7-17
Airways
common
10-
50c
$1
25c
Asphalt Roof Corp. (quar.)
American Auto Insurance (St. Louis) (quar.)
,
New
10-
t25c
t$l.25
————-—25c
8-14
Paramount Pictures—
8-15;
Boyerstown Burial Casket Co.
: 8-20
:
9-7
Bower Roller Bearing.
1
8-31
8-31
25c
(increased quar.)
9-10
3
40c
8-15
1
8-1®
1
9-
—
9-
5C
9-15
9-30
8-
9- 3
9-1®
12-H*
15C
Boston Real Estate Trust.
9-
37»/ac
10-1
1-2-47
(quar.)...^.^.^ ?;• $12V$tC
Boston Woven Hose & Rubber Co.
$1
(quar.)
.
American
8-15
2
8%0
;; 8-31
9-20
9-9
10c
(quar.)——
7-31
8-15
5c
'
9-15
10- 5
Barge Line Co.
American Box Board Co.
—
common
Co.
Manufacturing
American Arch Co._._-._.———-—-
8-15
.
7-31
Belding-Corticelli, Ltd., common (quar.)
$$1.50
1% preferred
$$1.75
Belding Heminway Co. (quar.)—
20c
Bell it Howell Co., common (quar.)
;
lOMtc;
4»/4% preferred :;(qttar.).,,-——''$1.06V*
Berkshire Fine Spinning Assoc.,.common^.~
50c
5% convertible preferred (quar.)
$1.25
Bertram (John) & Sons Co., Ltd,—4
<
Class A (initial,
|25c
Best it Company——————
———
40o
Bethlehem Steel Corp., common—
*
$1.50
7%
preferred (quar.)
$1.75
Blgelow-Sanford Carpet, common (quar,)—
50c
6% preferred (quaiv).—-.^-----v--~-.-.-. / $1.50
Blauner's (Philadelphia), common (quar.)—
12Vic
$3 preferred (quar.)75c
Manufacturing, common
(quar.)
6% preferred (quar.)—
Amalgamated Leather Cos. 6% pfd. (quar.)
9-24
3
8-15
8-31
7-31
Aluminum Ltd.,
8- 5.;
8-28
3
10c
(s-a)—
$1
250
9-2
$$1.50
(quar.)
(quar.)
Inc.,
9-
9-
8-15
$1.05
8-15
8-15
7-31
American
preferred
Co.
10- 1
$1
i
——
Oshkosh B'Gosh,
9-10
42c
Y":
8-15
9- 3
9- 3
10- 1
8-20
Aluminum
*Includes
5c from securities profits.
Washington Steamboat Co. (s-a)
Corp., common (quar.)
$2 preferred (initial)
Northeastern Water Co., $4 prior
pfd.—$2 preferred
Nova Scotia Light & Power Ltd.—
8- 1
20c
$1.50
9-19
4%
8-5
&
8-15
,
Aluminum Co. of Canada—
8-5
4c
8-15
9-
9-25
1
5
♦20o
8-15
1
7%
——
5
8-26
American Car
;
in the
Wnen
Allied Stores Corp., common
4% preferred (quar.).———
Alpha Portland Cement.
8-6
10c
Shares—
.
8-20
8-22
Payable
—
8c
9-1
9-1
9- 1
8-15
Extra
:'4c
8-15
25C
25C
® 25C
8%c
9-16
8-
*
Speculative
,
x.
F«r
^
8-
8-26
5
8-
8-26
Y
pfd. (quar.).
Agnew-Surpass Shoe Stores, Ltd. (quar.).—
$45c
Ainsworth Manufacturing Corp. (quar.)——
20c
Alabama & Vicksburg Ry. Co. (s-a)—
—
$3
Allegheny Ludlum Steel—40c
Allied International Investing—
$3 preferred (accum.).——$1
Allied Kid Co. (quar.).——..—..;—..—
25o
8-
8-26
V
9-17*
10-17
pfd. (s-a)
Co.
.......25c
•
8-
8-26
Oil
Lumber Co.,
Belden
<
Share
;
Verne of Company
Acme Wire Co.——.'——
8-26
8-18
/.
,
,
5
—
Diversified
v
5
5
8- 9
8-26
I.
8-15
8-31
5c
—
we
5
lie
Fund.
8-15
9- 3
9- 1
10-1
25c
7-26
8-30
$50
pfd. (quar.)..
Beatrice Foods Co., $4.50 preferred
Beck (A. S.) Shoe Corp.—'
;
4%%
preferred
(quar.)»*i,«..-^rt«*«.**.
8-1
8-1
8- V
8-10
*.\s\ 'V
8-
15c
---
Beaver
8- 8
8-15
8-15
3
-500
Bayuk Cigars,;
8-15
8-15
8-21
9-
:■
$12V£C
Barnsdall
8-16
10- 1
8-15
Bathurst Power & Paper Co., Ltd.—£■> Class A (quar.
9-16
9-16
,v'' %
-
8-
6c
Equip. Industry Series——
Industry Series.—.
Tobacco Industry Series—-
k
8-
lie
——
V
8-26
12c
——
,
8-26
.
8c
f
'
"8-26
&
;6c
Investment
8-31
9- 3
9-12
9-16
$1.50
Extra:
8-18
8-15
8-15
10-1'
79- 3
9
(quar.).
'
7%
"
8-16
8-15
*
9-16
■
8-31
9-14
8-31
8-
8- 9
•
(quar.).
1
Barber-Ellis of Canada. Ltd.
9-6
9-12 1
9- 3
$1
37%C
Show, common (quar.)
preferred (quar,).....7-*.^..«*.^,rf.
Bangor Hydro-Electric/6%
Bankers & Shippers Insurance Co. of N. Y.—
Quarterly ^
Barber (W; H.l Company—
8-29
8-20
8-26
$1.50
56V4C
J5c
Acadia-Atlantic Sugar Refineries, Ltd.—
Class A preferential partic. (quar.)——
.5% preferred (quar.)—
5C,
——
A
^
5
12c
Series
1
5
;'fiJ8-26iV;/.
9c
—
y',
-—
»
$1.75
6%
8-5
10c
Series
Diversified
9- 3
10- 1
9-9
8-31
9-10
8-
3
Baltimore Radio
9-16*
9-30
25c
(quar.)
(quar,).;
Exttdi
8- ®
3
3
..........
7%
Insurance
8-9
9-
10C
America
Works,
American
Baltimore Porcelain Steel,
7% preferred (quar).
8-5
5c
Railroad
6%
9-15
Locomotive
Baltimore
8-20
9- 3
8-22
30c
preferred
preceding table*
8-26
8-26
8c
Steel
Okonite
9-15
9- 5
Baldwin
8-26
8-12
8-12
8-30
8-30
9*14
dends announced this week^ these being given
9- 9
7c
f
Industry Series
Public Utility
Industry Series
North
8-20
8-15
8-15
8-15
8-16
give the dlvldcDad* announced In prevloui
weeks and not yet paid.
The list does not include divi¬
1
14c
—
;
Below
8-20
15C
—
Series
Oil
Norfolk
8-30
9-25v
9- 3
9-3
of
3
9- 3
—-
Co.
5
9-
.
8-15
9-10
$1.50
4Vi%
held;*......—
Canteen
8-
9-14
stock
common
Automatic Products Corp. (quar.)
Avon Allied Products (quar.)
8-16
10-18
25c
///
Brothers,
of
9-10
10- 1
9- 3
30C
5% series A convertible preferred
5% preferred B (quar.)——
8-12
10c
Co.——-;
WrightrHargreaves Mines, Ltd.
9-3
,
1
40o
Metals. Series
Railroad
9-16
9-3
30c
Machinery Industry Series.
Merchandising Series
■v■■■„
'
37»/ac
Woolf
shares
9-19
—
(J. B.) Company, common (quar.).
Special
$1 preferred (quar.)
Williamsport Water, $6 preferred (quar.)—
8-10
9-16
7c
Equip.
Insurance
9-
15
9-20
7%
Candle
each
7-31
9-
—.. <
(quar.)
10-1
common
Williams
Inc.-r-
Industry
Baumer
RR.
Automatic
—
—
25c
$3iy»c
(quar.)
(quar )——-
Supply
&
Line
25c
—
Series
Government
Will
8-20
9-25
Business Equip. Industry Series.-.—•-—Chemical Industry Series—
Pood
8-24
$25C
Dist.
Electrical
9-10
for
8-20
8-23
—
&
Stock
8-12
Co.—
Industry Series.
Industry Series
Automobile
Industry Series—
Aviation
Industry Series
Bank
Corp.,
Coast
8-24
3
9-
9-
......
2nd: preferred
25c
-——
Tool
-
8-26
«...
Mortgage Co.
Stocks
&
8-12
Service
~—:
Agricultural
Alcohol
8-26
——
(initial quar.)—-———
Loan
9-20
shares
——
(J.
8-30
9-30
Dyewood
Utica Knitting Co.,
Service
(increased)
pref. series "A"
common
9-10
*
Company
Muncie Water Works, 8%
preferred (quar.)
Murphy (G. C.) Company (Increased)
National Battery Co. (quar.)—
National Container Corp. (quar.)——
National Dairy Products
(increased)
National Radiator Co.
(increased)———
Newport Electric Corp., 6% preferred
.
100%
pfd. (accum.)—
$1.75
(quar.).—$1
Victor Monaghan Co. (quar.).———
$1.50
Victor Products Corp.—.
20c
Virginia-Carolina Chemical Corp.—
$6 participating preferred (accum.)—
$5
Walgreen. Company, common (quar.).———,
40c
c 4%'
preferred
(quar.)...$1
Welch Grape Juice, 4lU% preferred (quar.).
$1.06V4
Non-cum.
2nd preferred—
37Vi
Western Auto Supply Co
75c
Whitaker Paper Co. (quar.).—.—*
$1.50
Extra
$1
8-31
35c
—
(quar.)
Brewery, Ltd.
(quar.)
Monsanto Chemical Co.—
Morgan
United
9-16
shares
1%
held
Common
Montreal
9-1
on!
*
Minneapolis-Honeywell Regulator
3.20%
Molson's
8-12
6
auo
held_-----i—
Co.—
Northern
for
1%
19iA
'
•—-—-
liquidating dividend)
common .for
-
8-12
9-20,
•
——
(Partial
Midland
8-
8-23
————
preferred (quar.)
RealViation Co.—
of
8-23
8-15
8-23
20c
Midland
i
9-25
Candies———25c
common (quar.)
Metal & Thermit
.
8-17
8-23
9- 3
40c
Oil, 6% preferred (quar.)—37 Vic
4 %
2nd preferred (quar.)
10c
Sylvanite Gold Mines, Ltd. (quar.)———
$3c
Telephone Bond & Share Co.—
7% 1st preferred (accum.)
35c
Terre Haute Water Works, 7% pfd. (quar.)
$1.75
Texas Gulf Producing Co.————————
20c
Thompson Products, Inc., common
—
25c
4% preferred (quar.)
————
$1
Timken Roller Bearing (irreg.)—
50c
Underwood Corporation
50c
Union Tank Car Company (quar.)
50c
8-31
8-20
5
9-10
25C
Refining Co. (quar.)
Atchison Topeka & Sante Fe, common
Atlas Tack Corp,
(quar.)
;—.......—,
Aunor Gold Mines, Ltd. (quar.)—.—.....
Auto Finance Corp., common (extra)
Autocar Company (stock dividend) —
One shafe of 5% convertible preferred C
8-20
3
9-
7%"
7-3®'
9- 9
$1.50
—...—.—....—...7
......
Atlantic
3
9- 3
J15C
25c
1st preferred
Atlantic
iS-.-
.
Swan-Pinch
8-29
10-1
(increased)r
preferred (quar.)-—-—.—
Navigation Co. (quar.)——--—
Matson
8-31
9-2,
10-.1
62Vic,
,
——
9-10
9-12
•
———
Machine
8-16
9-
11- 1
$1.50 1-31-47
—
(quar.)
...
? (quar.)
Associated Spring Corp. (initial)
(Detroit) —
(quar.)
-
Extra
■
6%
8-31
Superior Tool & Die Co. (quar.)—5c
Susquehanna Chemical, 5Vi% pfd. (s-a)
$2.75
6
9-16
+
Co.—*
Company
^. $1.50
400
RR., 6% prior pfd. (quar.)-
Corporation,
Extra
,7%
Sales
'
Mallory (P.-B.)
Mary Lee
Masonite
4%%
&
■
9- 1
36 Vic
Sundstrand
9-20
8-2
9-
t 9-
$1.50
Associated Dry Goods Corp.—
New common (Initial quar.)
8-16*
8-15
$1.37 Vi
$1.37 Vi
Stokely-Van Camp Inc.—
5% prior preference (quar.)
8-21
9-30
(quar.)__
,
dividend
Stock
8-20
8-31
$1
$6
Dredging Corp.—
$1.60 convertible preferred (quar.)
Sterchi Brothers Stores, Inc.—
9-14
1
5
9-3
fiOiAc
8-20
3
9-14
37Vic
pfd.
Telephone,
Standard
9-14
10-
*
$2.50 preferred
(quar.)
(H. D.) Co. (quar.)
Lee
Lexington Water,
1
3
9-
$1.12Va
(increased)
Gas Co.
Associated
Standard-Coosa-Thatcher
8-28
9-
9-
4
....
:
Quarterly
8-16
9-
———
preferred—-
6%
Spear & Company, $4.50 1st pfd.
$5.50 2nd preferred (quar.)
8-14
8-31
8-23
40c
97Vic
25c
$2
25c
(quar.)
preferred
Southern Natural
Southwestern
8-1
9-14'
i
9-14
■
v
-
9-20
$1
(quar.)
Standard Accident Insurance
Inc.
35c
(quar.)
(increased)-.:———
,
8-15
9-30
75c
(final):
15% ■
Anheuser-Busch,- Inc.
(quar.)
$1
Argus Corp., Ltd.—
4Vi% conv. pref. (quar.)———$$1.12V4
Armstrong Cork Co., common (interim)
25c
$3.75 preferred (quar.).—————...93%c
Artloom Corporation (quar.)*,.
100
——
8-15
Advance Bag & Paper—
Southern
8-13
9-16
9
.—
(quar.)
Lane-Wells. Co. (quar.)
Leath & Company, common
(quar.)_
Extra
9-
25c
quar.)
La Consolidada, S.
A., 6% preferred
American
shares
Lake Shore Mines, Ltd,
(reduced)——-—
(M.
3
_gc
com
(increased
preferred
(initial quar.)—
Tea Co. (increased quar.)—-
7-30
75c.
.
8-12
8-26
Steel
preferred
$3.90
4Vi%
(initial)
Public Service,
Lamston
9-
Co.
&
Saw
Socony-Vacuum Oil Co
Soule Mill
(quar.)
Southeastern
Telephone,
Co.—
3.75%
Jewel
9-30
7-31
f.
;v.
^.
6% prior preferred" (quar.)..—;
Anglo-Canadian Telephone, class A (quar.). 4
Angol-Iranian^ Oil Co., Ltd.-- .... v.•>-.
American Deposit Receipts for Ordinary
5
10-
53y80
quar.)—
(quar,)—
common
—
8-15
50c
Sioux City. Gas St Electric-^—
Common
(increased
quar.)
8-15
±4oS
Optical
Simonds
8-15
--
8-
25c
Shuron
8-12
8-15
8-15
,
8-10
9- 3
;
v
'
20c
(quar.)
Pen Company
(W. A.)
8-25
preferred (initial
4%%
'-Glass; B
Anchor Post Products, Inc.—•
6%
prior preferred
(qtiar.)
5
9-
8-1
Extra
8-12
3
9-
'
1
9-
Sheaffer
8-12
9-
-----
(quar.)__—
Joseph Water Co., 6% preferred (quar.)
St. Paul Union Stock Yards (irreg.)
9- 7
9-30
American Tobacco Co.,
;
St.
1 8-6
9-20
--—-
*
9-13
8-15
42Vac
8-30
37Vic
•"•^'•'9-' 3
$1.50
—_
Bottle—
8-26
9-13
9-25
25c
Gas
Co., Inc.
Roxy Theatre, $1.50 preferred
8-15
.
—
Rockland
8-20
8-31
of Texas (quar.)
Co.
Rice StiX.Dry Goods, common
Risdon Manufacturing
Co. (irreg.)
8-13
8-5
9-
—
$1.75
37Vac
30c
75c
v—.
-—
Republic Insurance
8-24
9-13
8-12
25c
&
$1.25
-
Inc
Motors,
Thermos
American
9-15
10- 1
10- 1
15c
—
preferred • (quar.)
$7
Reo
.
(quar.)
com.
(quar.) —
preferred
$5 prior
j
•
Payable
Share
of Company
Hosiery Mills, Inc.,
Real Silk
"
250
**4?^
«.
Hathaway Bakeries, Inc.—.
7%
Hecla
Name
'
$15o
$15c
Y? $l5c
$$1.25
'
$$2
12-15
11-25
12-15
11-25
8-15
8- 1
10-
1
10- I
9-2®,
8-2®
jjfolume 164
-
444'":,,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4515
;•"!r•'.'*■ ■■
';'*■<v''>'■
Name of Company
...
Canadian Utilities,
Carpenter
pfd.
Ltd., 5%
Per -4 '
,.
,
Share
Kama of Company
Dr.
7-26
\4" / 4/'V-.-. -lS. aL -A
(quar.)
—...
250
10- 1
9-20
4% preferred (quar.;•',••• $14;'li* 110-21
Castle (A. M.) & Company (quar.)—.—.—
50c
8-10
7-29
Caterpillar
Tractor Co.
(quar.)
75o
8-31
8-15
Central Arizona Light St Power—
Common
(quar.)
150
9* 3
8-10
Carpenter Paper Co.—
■
Dominion
Dominion1
Ltd.,
,
preferred beneficial certificates—.——
4%
Storage (quar.).
Foundry, 5% conv. pfd. (quar.)—
Central New York Power Corp.—
! * 3.40% preferred(quar.).,
Central Ohio Steel Products, common
New common
(initial).—.
—
$1.25,
Stock
dividend
Central Steel to
Certain-teed
8-15
8- 1
15c
v'
'
-
10-1
25c
-9-10
25c
9-10
8-12
9- 9
8-10
8-15
8- 1
8-15
8- 5
8-26 B
15o
20c
75c
75c
25c
50c
75o
35c
$1
.
.
9- 4
9-1
9-3>
9-14
9- 1
9-1
1-2-47
9- 1
.
4
87 %b
.9- 3
50c
9-3
30c
9-30
$25o
12- 1
4 ■
50o (V 8-15
;\ 450o
8-15
,
—...
A—
■
(increased
quar.)
-:.:.:::v..4
-B,
(quar.)
87 %o
Collins & Aikman, 5% conv. preferred*.**^**
4
99o
Colonial Stores, new com, (Initial)
/ 25c:
4% preferred (quar.)
,—:>
60o
Central
Milling Si Elevator Co.—
Common (increased)
$3 convertible preferred (quar.)..'.—-....
4
8-15
,
.
8- t
ll* l.fj
2-7-47 :
12-20
8-15
; -
4*-''
8-10
8-10
9-16
.
Extra
5%
Co.
(increased
Common,
8-15
9-10
9-25
8-26
•
Commonwealth International Corp., Ltd.—
Interim
4:..'—
^■
Conde
Field
$$1.50
——
$$1.50
25c
(quar.)
Connecticut Light & Power Co.,
75c
60c
55c
56%c
$1.50
25c
40c
10- 1
9- 1
9-1
9- 3
9- 2
9-23
9-16
common—
$2.40 preferred (quar,'
$2.20 preferred (quar.)™
:
'
Connecticut
Power
Connecticut
River
Consolidated
Co.
(quar.)
Power,
Biscuit
Co.
Consolidated Edison Co.
™™
6% pfd. (quar.)_
(quar.)—
.
of N. Y.
(quar.)-.-«■
Consolidated Gas, Elec. Lt. & Pow. (Bait.)—
fClass
Common
Consolidated
Paper Co.
Consolidated
Press
Ltd.,
class A
t25c
(quar.)_>.
's.':5. Extra
*
.
Consolidated
Aircraft
Vultee
-
Corp
Consumers Gas Co. (Reading. Pa.) (quar.)„
Consumers Glass Co.; Ltd. (quar.)
——.
Container Corp, of America (increased quar.)
.'-■Extra
30c
preferred
common
9-16
10-1
9- 1
8-31
'8-31
10- 1
8-22
4 8-22
8-15
8-15
(quar.)
7% preferred
Cook Paint & Varnish, common
$3 prior preferred (quar. )
(quar,)——.
—
$1.50
:25c
6% non-cum. pfd. (quar.).
Coro, Incorporated, new com. (initial quar.)
'N -■'
Extra '
Uv -':::.415o
Coronado Hotel Co. (St. Louis), class A——
$1
—
$30c
Cosmos Imperial Mills, Ltd. (quar.)..—M
Courtaulds, Ltd.', ordinary (interim)
—
Crane Co.,
Cribben &
2%%
933/4C
3%% preferred (quar.)—*—.«
Sexton
Co.—
-
.
$5
Gar Wood
8-12
3%%
6%
8-1
7-31
7-30
,
6%
participating preferred (s-a)...-..
participating preferred
8-20
50c
8-15
~
,
7- 1,
8- 5
(s-a)
...
:
$2.50
class A
(quar.)r 6,2'/ab
12-
4
8-1
8-20
9- 3
'
*
—
8-1
General
Refractories
General
..
.
Fire
Company
&
.
5%
Insurance
;V$- 6
Textbook
Utilities
Intertype
8-20
8-20
.
9-
1
10-
1
50c
4 8-15
$1.50
9-16
,
.
9-
3
8- 6
7-26
8- 0
6%
preferred
4
8-15
9-30
12-30
8-20
25c
4
8-13
9-30
8-13
9- 8
H$€*r
9-
'4": 8-21
,
8- I
10-
-
9-17
25c
1
8-15
8-
9-
5
$1.50
'•
4 8-15
^$200
8-15
40c
:»86
:25c
11-30
250 ' " 9-15
9-20
9-20
8-22
*8-5
$50c
8-15
7-15
8-15
8-5
9- 3
4:48-15
22%c. 4 9- 3
250 4-9-16
8-14
40C.
(increased)
•'
44-
*9-3
30o
12- 2
,/
1
10-
1
9-10
8-15
.7-25
9-10
8-31
$1.25
9-
25c :
8- 7
8-29
4
9-12
8-31
9-10
20C
.....
5c
8-15
30c
9-30
9- 7
37 %c
8-15
9-10
8-
8-20
8- 1
8-28 :4
7-31
8- 9
.......
*—
45C
87 %c
$5c
;
8-
6
1
8-17,
5o
8-23
$1.50
,
9- 1
8-16
52c
8-15
7-31
$1.38
8-15
7-31
8-20
8t10
4
...
held
share
'
9- 9
9-26
25c
8-9
8-26
$1.25
25o
Fund, beneficial interest (irreg.)
1
9-20
25o
-i-—
10-
12-23
12- 2
8-20
15c
;/8QC
,
7-31
8-24
12C
>
8-15
.8-31-
40 c
;"4::9-12'44'
50b
449-
$1.12%
4444%% preferred; (quar.)..^****^.*^;*^: $1.12%
H~ 9-12
10- 4 4 •■'944.
10-1
9- 4
$1.25
—.
each
8-25 ;
.
9-14
m. 50c
......
for
1
8-16
10c
(increased quar.)
share
'9-10
•
90c
,
1
11- 9
10-
37 %c
Knudsen Creamery, 60c preferred (quar.)_
'4 Koppers Co., 4%% preferred (final)
••c 8-15
Kresege-(S. S.) Company (quar.).
'>8- 1; i
Kress (S. H.) & Co. (increased)
9- 3*
Kroehler Mfg. Co.^4%% preferred (quar.).
9- 3
I
8-10
v
75c
11-25?
10*
9-16
'
:30C
(quar.).**....—*.*
Quarterly
Knickbocker
tH SO
••
•"
(increased)
Keyes Fibre, $6 preferred (accum.)
Keystone Custodian Funds— J
••
additional
HO
$75c
.
$1.50
common
(s-a)—.
9- 3
4;
Kinney (G. R.) Co., Inc., common (resumed)
$5 prior preferred (quar.)_——
Klein (D. Emil) Co. (quar.)—
.
9-12
v.
10-
BOC-
4 9-10
$1.75 4*: 9- 3
:
*
4 : 50o
7-31
$1.50
_(guar.)-.-v.._,-T;;4-.:4
$6 preferred (quar.)
Jacksonville: Gas Corp.
One
8- 5
7-17
•;50c; "V«9- 3
^''AExtra'-H*-*!.^—
Glidden Company, commqn! (increased .quar.)
9-6
8-31
Co
Corp.
.444:- Special
Kimberly-Clark Corp. (stock dividend) —
-
30O
9-23
25o
,
Foundation, Ltd.—
convertible preferred (quar.)
»•■', Series KI
5
9-27
3
8-16
$1.25
•
8- 5
8-115
•
9-17
250
9-
9«: 4
•
25c
Johnson & Johnson (s-a) 4..—
Jones & Laughlin Steel, common
5% preferred (quar.)—
Joy Manufacturing Co. (quar.)*.
K. W. Battery Co. (quar.)
8-2
.......;
9-10
9- 3
(quar.)
Jantzen Knitting Mills, $5 preferred (quar.)
Jersey Insurance Co. of New York (s-a) —
8-20
1
2
9-2 44 8-21
9-1
8-15
•',
Jaeger Machine
8- 9*
37 %c
(s-a)
'
$1.62%
(accum.)
Island Creek Coal,
,
11-2
(quar.)
»
$15c
Kearney & Trecker Corp. (quar.)
Kellogg (Spencer), & Sons, Inc. (quar.)
Kentucky Utilities, 7% junior pfd. (quar.).
Kerr Addison Gold Mines
(interim)
Kerr Lake Mines, Ltd..
——
,
t
$37 %c
Copper
7-31
10-
8-15
9-30
-X\-\
$1.50
8-15
25c
7-25
:
3
7%%
4,',-
(accum.)
Kawneer Company
8-15
12-20
4
8- 2*
12 %c
7-26
8-15
9-20
•
8-20
;
40C
«,
9-
$1.50
>.
8-§
3%
11- 9
11-15
8- 1
$10c
11- 9
25c
8-15
4
to
8-15
25c
1
$1J25
;
11-25
1
8- 9
8-10
4 8-15
250
Canada,
11-25
(quar.)
9-
12 %c
...
40C
9-
8- 7
•
9- 3
40C
30c
$1.50
4
56 %c
Corporation
•'Common
•
:
":4 8-14
9-12
1
$1.25
Britain
pfd.
9-
9-10
$1.50
■
25c
25c
8-14
9- 9
37%o
n
7-23
84%C
-••
8-20
3 B/A 8- 9
g-27 'V' 9-20
12-20
12-27
'
;
4 '
Extra
4%%
300
preferred. (quar.)—
(quar.)...
56 %c
1
10- 1
5b
9-12
_!
Goebel Brewing Co.
4
',
50c
8-23
8- 9
9- 1
$1.50
$1.75
Kroger Company,' common (quar.)...^...*.
6% 1st preferred X quar.
7% 2nd preferred (quar.)
9-12
10- 1
9-14
10-15
11-1
'
•-
Extra
1—-
——
-
:'^4'50v
GoodallrSanford, Inc, (quar.)4—
Extra
-37%c
4 Goodyear Tire & Rubber, common ,'(quar.)
4, $5 conv. preferred (quar.)
i4Gorham Manufacturing Co. (increased)
H Gossard (H. W.) Company (quar.)
4 Grand Union Co.—
;
Graton & Knight Co., 7% preferred (quar.)
Grayson-Robinson Stores, $2.25 pfd. (quar.)
..
Eastern
Fire Insurance
(N. Y.)
Great
•
Tap &
Die
'4
5%%
conv.
pfd.
1st
Gulf Oil Corporation
v
Special'
L_
Hajoca Corporation
Hal§ Brothers Stores
75C
't
9-
Laclede
4
-8-15
:
9-16
25c
4? 35C
9-
8-15
9-15
lOo
8-20
9
.lOo
8-10
7-25
25c
8-31
8-19
580
8-15
7-31
$30c
9- 3
8- 3
$$1.75
9- 3
8- S
(Irreg.)..
.
-
8-23
8
$1.75
..••30C
-8- 3
49-
25c
3
,8-15
15c
9-13
30c
8-15
•
4f
/
8-23
=
9- 6
8- 5
Lamaque Gold Mines (Interim)
'i
,
,-f
(quar.)
preferred / (quar.)
7%
48- 5
47-31
•'
Common
(
'
:
Increased
Lake of the Woods Milling Co., Ltd.—
44.8*. 5
'8-15
48-15
Lafayettb National Bank (Brooklyn, N. Y.)—
3
8-
3
56 %0
-
Lamson
Landis
Lane
$8c
—
& Sessions Co.
25o
25c
Machine
Bryant,
Co., common™
Inc. (quar.)
Die Works (quar.)
34%C
9fe.2
8-14
$1.25
4 .10? 1
8-J8
9-.6
9-6
Lehh & Fink Products Co.
4."
—.
250
Vv 10-. 1
25C1
02 %c
25b
10- 1
1
8-15
9-3
8-15
9-
8-45
9- 3
9-14
v.
,aoc ,4;;. 8-15
Company
(quar.)
Monotype Machine
7- a
8-15
$1
'
Laura Secord Candy
4/'
8-20
8-15
A
8-21
25c
8-31
Shops, Ltd. (quar.).
4-; $20c
$3
Lawyers Title Insurance. 6% Pfd. (s-a)---:. r?:/:':/
4 9- 2
8-1
12-31
9-14
12-21
Lanston
4;
—
Lansing
10- X 44 8-26
11-15
10- 5
25c
Lanetfc Bleachery &
...
(quar.)..
Apparel, Inc. (initial quar.)
Christy Clay Products
'
(quar.)..._.!--l4.--_-_-*i
L'Aiglcn
,
(
(quar.)
.9-16
$1.25
4-
4
(quar.)
preferred
Wines & Champagne, Inc.
^8-W
$1.50
6% pfd. (accum.).—..
La 8alle
8-20
-9-16
:
Griggs, Cooper 81 Co.—
5%
La France Industries,
8-20
-
•
'■•'•.
.
-4-23
2
9-;2
"
'
Corp.
Griesedieck Western Brewery—
9-
^
W 75o
(s-a)
(quar.)
Lakes Engineering Works (quar.)
Greenfield
9-12
.
BOO
•
.....
.
7-27
4
$2
8-30
7%%
7-27
9-3
—
8-14
8-15
9- 8
.
8-15
$1.25
Iron: Fireman Manufacturing Co.—
Common: (quar.L
9-20
:
;
Great
,
9-27
Investment
V
Great Lakes Dredge & Dock Co.
■
$1.06 y4
$50o
of Central America—
International
20C
(s-a)
Corp.
8- 2
.:....nr
of
Great
Consolidated
8-16
10%
1
Co—;
Marine
Harvester
8-23
8-29
Bond
8- 5
.
;
Casting Corp.—
>
$6 preferred (accum.)
.*........4.^—
General Steel Wares, Ltd., common (quar.).
General Telephone Corp. (quar.)
yGerrard (S. A.)," preferred (s'-a)
Gleaner
to
International Rys.
Steel
.Gilchrist
4 9-14
-
Securities, Ltd.—
Shares-.....*.....*.--...
International Business Machines (quar.)
International
Harvester,
7%
pfd.
(quar.)
International Holdings,
Stock
3
9- 2
8-23
250
40c
:,
$ U\ 400 4'
9-2
*
75o
$2
25c
$1,754;
-
:Gibraltar
11-21
9-14
IOC
Co.,.
Corp., 6V2%
(quar.
9-
.
preferred(quar.)
$1 preferred
$1.50 preferred (quar.)..
—...
8-21
1
Co.
9-16
: .9-30 ;-v ^-i3*
48-1$
56Vic ;4 8-15 m&m
preferred (quar.)
Advertising Co., common.
Phoenix Corp.,
1
•
of
1
-
-
;
(s-a)
8-15
$2.50
62%c ;;i
25c
.r$l>?;,
(s-a)
8-15
<
Institutional
8-15
10-
9-27
3
9-
(quar.)
International
(quar.).
convertible
Outdoor
:
Products
Silica
Inspiration
•
8-20
8-15
4 70
37%c
—
11-20
9- 3
25o
$2.75
...
1
8-15
9-3
Steel
Ingersoll-Rand
Inland Steel
8-20
.
common.*—25o " ' 9- 4
8-23
4% preferred (quar.)
'4"; $1 ".'4 9" 4 4 8-23
Dlsston (Henry) & Sons, Inc. (quar.).
75c *
9- 9 4' 8-26
Distillers Co., Ltd.—
■.
%
4 •-.4'-;
Amer. dep. .rets, for ord. regis, (final)..... "12%% J "8-14'4.4.6-27
Bonds
_i._
2%% '4 8-14 ::; ^Ar27
Dixie Cup Company, common
^
25c
10-31,; 10- 8
.
-
General
Dictaphone Corp.,
-.
1
■'**$, \
1
•
'
37%c
9- 3 •? 8-12
75c
9- 3
8-12
•
75c >" 3-1-47 '4; 2- 7
Diamond Match. Co., common——.—.
6%
35c
8-i5
,
Industrial
9-
General Paint. Corp,, com. (increased quar.)
Common
(quar.)
^—.......
1st preferred
~
(quar.)—
2nd preferred (quar.)....
>
8-30
8- 1
/
Indiana
8-15
«
17%c
$1
30c
Baking Co., $8 preferred (quar.)—.
General
.
^ 5c
-
8-16
9
17%c
Industries,1 Inc., 4%% pfq. (quar )
Corp. (quar.)
—
General Mills—
-
X>eposited Insurance. Shares "A" (irreg.)— 1 1
•Derby Gas & Electric Corp. (quar.)—...
Detroit Michigan Stove-—
' : •
' ■.1
5% preferred (quar.)
—
*/
••"4^"
9*
8- 9*
'
American
9-16
8-12
„
.
8V
9-
12-
American, deposit receipts (final)2._4—.
Imperial Varnish & Colour, common (quar.).
$1.50 convertible participating pfd. (quar.)
8-15
■
9-3
r'.'vf
;
deposit receipts for
ordinary
registered (bonus)
——..
General Finance Co., 5% pfd. A (s-a)
6% preferred B (s-a)
General Foods Corp. (quar.)—
General Metals Corp.
(s-a)—
8-15
8-15
9-1
9-
20C
6
American
.
50o
40o
*
...
9-
4 9- 3
(quar.)__
(quar.)
Co
9-1
9- 3
$1.25
——
.
.
(Colo.)—
$1.12%
(quar.)
Cigar Co., •common.—**——.——
7% preferred (quar.)...—
......
General Electric, Ltd.
American deposit
receipt? for ordinary
registered (annual)
—
,.
Yards
9-16
preference
9-17
10-15
25c
-i-:,-,':
Sales
Imperial - Tobacco
Ireland,-Ltd.—
8-20
10-15
25o
Zinc' Co.^_._..
Tobacco
8-30
25c
Power
Imperial
10-25
\
(quar.)
(quar.)
Co., common (quar.)
Illinois Municipal Water, 6% pfd. (quar.)
10-10
4 9-27 '
'■
-
rhnmmmi
preferred
preferred
5%
6%
General
8-24*
9->14»
,
Stores
preferred
non-cum;:
-.General
,
Denver Union Stock
H.)
Kleiser
Si
-General
.
.
5%
Gair (Robert Co., 6% preferred (quar.)'30c
Gamewell Company '(quarj.i^^.---.----^-- ,' 4'4
8- 9
.
10-15
$1.75
25C
pfd.
Freeport Sulphur (quar.)
Fruehauf Trailer Co.,
common
4% preferred (quar.)
4%% convertible preferred (quar.)
28%c 9- 1
8-15
Crompton & Knowles Loom Works, common.
50o
8-22
8- 8 :
6% preferred
(quar.)—
$1.50
10- 1
9-24
Crosley Corporation ...
———
25b
9-16
9- 6
Crown Cork to Seal Co., Inc. $2 pfd. (quar.)
50c
9-16
8-23*
Crown Cork to Seal Co., Ltd. (quar.)—.—
$50o
8-15
,7tl5 •
Crown Drug Co., 7% conv. preferred (quar.)
43%c
8-15
8- 5
Crown Zellerbach, $4 conv. 2nd pfd. (quar.)
: $1
.9-1
8-13
,$4.20 preferred (quar.)
u-$1.05 ,..9- LW.»8,-13>
Crum & Forster,1 8%^preferred (quar.)—* .v.tr/-$2. ^ < 9-30. <. .8-184
Culver Corporation (s-a)_
...——
10ft
12-24^ .. 12-14 •
Cuneo Press,' 8%% >preferredr~-<quar.)—87%o - 8-15 -V 8-^1 ,V
Curtis Publishing Co., $4 prior pfd. (quar.).
75q
10.- 1
9- 6
t>ayton Power & LJght Co., new com. (initial)
;
45o / 9- 3
,8-15
Decker (Alfred) & Cohn (quar.)——
>
; 25c.
10-10 . .. ^.4Deere St Company, common—•————
75o
.9- 3
8-10
7% preferred ^ (quar.) .————— 35c
9-3
8-10
Delaware & Hudson Co. > (quar.) ——
$1
9-20
8-28
Delaware Power & Light--*
-1 ' < •
4% preferred (quar.)
—
*
;,
$1. - 9-30 '
9-10...
-Delaware -Rayon, .class. A—*—.—.—.
50o
8-15
8-5
Dentist's Supply Co4, of N,.Y, (quar.)—.
25c
9- 3
8-12
,
(F.
preferred
Foster
7-30;
8- 9
9- 9
9-16
9-3
(quar.)
.Foster Wheeler Corp.. common
Foundation Investment Co.—
8-30
.
8-30
9-16
4
3°C
l
8-14
15c
Ltd., common (interim)...-...-...
-Fort Wayne & Jackson RR.—«'
5%%
preferred
(s-a)
9-15
8- 2
8-20
9-10
Illinois
preferred (quar.)..
Flour Mills of America (initial)—
Fort Pitt Bridge Works^«.....*^...w--i--«
8-15:
.
8-15
Florida Power Corp,, 4%
9-14
.
8-30
100%
Pitzsimmons Stores, Ltd.—
7% preferred (guar.)—;
9-14
9-14
9-16
25c
933/4'c
43%o
20c
75o
(interim)
4%%
Co., common
Fishman
8-214.
9-15
5 8^*31
8-20
30c
Continental Commercial Corp.,
Cornell Products,
..•
$50c
50b
—
Continental Can Co.,
$3.75
$50c
50c
8-16
Idaho
preferred (quar.)—
First Bank Stock Corp. <s-a)
8- 9
9- 1
10- 1
10- 1
8-15
25c
(quar.)
9-20
8-14
8-28
250
Oil & Refining Co. (quar.)
Hummel-Rosa Fibre Corp,-*
<
6% preferred fouar.l.:
Hunt Foods, Incorporated, 5% pref. (quar.)
Hussman-Ligonier Co., $2.25 pfd. (quar.)..
Huston (Tom) Peanut Co/ (guar.)
Huttlg Sash to Door Co.—
9-16
8-31
500
5%
9- 3
.
10- 1
4410-1
$3
Firth.Carpet
9-10
12-10
8-30
49- 5
8- 5
8-5
8-15
8-154
90o
10- 1
;--:$$ v'.- .lO-'J';
$1.12%
10- 1
4 ' 25c
9-3,
(quar.)^—i 4% preferred series C« (quar.)—
——
;4%% preferred, series B (quar.)_
Consolida.ted-Laundries Corp. (quar.)
8-16
B
8-15
7-31
7-29
.
8-9
8-30
3
15c
Humble
9- 3'
3
9-
Smelting Co., Ltd.—
Quarterly
See Marshall Field.
Firestone Tire & Rubber,
9-15
12-15
9-16
y
:
Hudson Motor Car Co.
9-
9-14
15c
.
-
(quar.)
Hudson Bay Mining &
A
7%
—
:
8- 9
United
Class
Confederation Life Association (Toronto)-—
Quarterly
Qli^rly
:•-.
Congoleum-Nairn, Inc.
3
9—
...
Finance Co. of America at Baltimore—
7-15
.
9-16
9-16
8-30
$$2.50
7%C
_
7-25
7-25
■•
f
2
8-15
8-15
25c
..
8-
75c
25C
......
8-16*
9-13*
1
8-15
/■■■•$i
.......
T---,
1
''lO-
$1.50
$1.25
....................
———
8-26
87 %c
...
9-12
12 %C
Cleaning & Dyeing—
preferred (quar.)-^..-^^.—..
......
8-25
8-25
25c
•
•
...
,
—
9-13.;
9- 2
8-15
8-15
$1
750
10-15
10-
Department Stores—
(Marshall).
.
'
10- 1
$1.25
pfd. (accum.)
(special) -*_™_.*
Publications
7%
•
(N. H.) Gas Co., 7%
Nast
Fenton
8- 9
9-10
8-10-
8-15
6c
9-16
25b
(increased)
(quar.)
8-20
25C
:v:
Co., com. (quar.)
$4.25 preferred
(quar.)
Hormel (Geo. A.) & Co., common
(quar.)
Vi-- 6%
preferred (quar.).*.
Hern to Hardart (N. Y.), 5% pfd.
(quar.).
Hotel Barbizon, Inc. (quar.)....
8-16
25c
Stock dividend
8- 1
.
,
$40
Commonwealth Investment Co.^..~~.~~~~~
Commonwealth Telephone Co.—
4: $5 preferred (quar.)
Concord
Works
40c
20c
$ %0
-Extra
8-5
350
Corp,
7-10
:
,
Hooker Electrochemical
$2.50
Screw
Federated
Ltd.~
class A (quar.)^;..
Honolulu Oil Corp. (quar.)
11-15
—
Federal
$1.06%
•
8-15
8-15
25c
Quarterly
7-20
7-20
(irreg.)™
9-13
25c
Quarterly
(quar.)
quar.).__
(quar.)..
A
(Charles E.) Co.
Holt (Henry) to Co.—
$1 Class A ^qnar.i
Farmers & Traders Life Ins. (Syracuse, N. Y.)—»
7-20
quar.)
Shearing Si Stamping
Ltd.
9-13
25c
Federal Grain, Ltd., 6% preferred (acciun.).
Federal Mfg. & Engineering (initial).
10- 7
8-15
Inc.
Hires
9-13
10- 1
9- 1
30o
Federal-Mogul
8-15
8-15
10-1
10-1
9-1
Extra
10-21
50c
(monthly)
(monthly)
(monthly)
Hines (Edward) Lumber Co.
8-15
10-15
..—...
$1.50
<
•
(initial
Common
8-21
9- 1
;
8-15
8-12
....
preferred
8-15
1
;
common
Pineapple Co.,
common
1
280
Common
9-3
9-
2
(accum.)
Common
:
8-16*
12-1
preferred
8-15
8-15
1
30o
(The)
8-15
$1.25
$1.25
,»-7
9-
$1.25
Fallstaff Brewing Co»p...^.4—
8-15
$1.50
4 8-14
8-15
9-
(quar.)
Hibbard Spencer Bartlett to Co.—
1
8-15
1
9-
conv.
New
.
-
.
Carbon
8-21
50o
$1.25
(quar.)
preferred
Hewitt-Robbins,
9-23
<■
common
preferred
1st
3%%
(quar.),..^...-..**..*..—
(Chicago)
Fairbanks Morse St Co, (quar.).—*—-—**
7-23
9-1
9- 1
20c
preferred series A (quar. )™_„™™™.
5% series (quar.)
5% preference (quar.)
Columbia Pictures Corp.,$4.25 pfd. (quar.)
Commercial
8-28
8-15
.-;0.)(s-a)
Fair
7-23
.
s.
Eversharp, Inc.,
4'.-
f"
9- 1
75c
6%
Columbian
9-14
36%c
$5
Erie RR. Co., $5 preferred A (quar.)...
$5 preferred A (quar.)
r
11-1
1
Preferred
4^44: $5
1
1
25C
common (quar.)..
preference (quar.)
i
Heyden Chemical Corp.— 4'---?.44'y-44
$4
8-
9-
44.250
■
common..
Hershey Chocolate Corp.,
4
8-15
u9-
50c
Hawaiian
8- 6
9-10
9-10
8-20
500
$1.50 preferred
8-15
8-24
9-
4
Glass Co.
(quar.)
....
Hercules Powder Co., 5%
preferred (quar.)_
$20c 449- l
(irreg.);
Elgin National Watch Co.,~ common...
...
150
Paso Natural Gas, 7%
preferred
$i.75
Ely & Walker Dry Goods (quar.)
25c
Empire Si Bay State Telegraph—
4%
guaranteed (quar.)!,—.
i~—
—
$1
Empire District Electric, 5% pfd. (quar.)
$1.25
Engineers Public Service, $5 pfd, (quar.)..r
$1.25
$5.50 preferred (quar.)
$1.37%
$6 preferred (quar.).i,..^4-.»---~—-*
$1.50
Equity, Corporation, $3 preferred (accum.).. ;
75c
Equitable Fire Insurance, Co.
(Charleston
1
1
9-10
44 75c
'
Refractories,
(quar.)
Haverty Furniture Cos.,
9-20
75c
10-
10-
25c
Havana Electric & Utilities Co.—
12- 9
8-23
8-23
25c
Extra
6%
9
8-
9-14
9-14
$1.06 V*
Instrument, 6% pfd. (quar.)
California, class A (quar.)
Harbison-Walker
8%
3
9-
$1.12%
preferred
4 "Class B
;4
I
25c
Extra
.
5
8-
8- 9
9-20
$1
(quar.)
Hazel-Atlas
9-30
12-21
$1.50
$1.50
;
(quar.)
Hammond
9-
8-15
8-31
$22 %c
Hancock Oil Co. of
>4<v:
of Ree,
10c
25c
Paper, 4%%
Holier*
Payable
$7c
(quar.)..^
preferred
Common
"> !
"
El
Colorado
.
"
Electric Hose & Rubber Co.
8* .9
8-19
8-1
8- 1
9-11
.8-12 ••...«—••.•:
\ 9- 1
8-19 4,
9* 1 ;
8-19
45c
Power
Columbia Gas to Electric—
'4
Elastic Stop Nut Corp. of America—
6%
preferred (final)
9-30
preferred
Colorado
Hammermill
1
1
Steel Products, Ltd. (quar.)
Manufacturing Co. (quar.)
Eddy Paper Corp. (irreg.)
8-204
8-27
$3
25C
preferred (s-a)
Clearing Machine Corp. (quar.)
Cleveland Si Pittsburgh RR. Co.—
'
7% regular guaranteed stock (quar.).....
4% special guaranteed stock (quar.)
Climax Molybdenum Co........
-
^
8-
,
,
2nd
$3.50
8-17
2
(initial)..
Co.
.......
4%%
Eaton
.
Common
9-
8-15
9-14
f50c
Eastern
8-15
.
.
k
$25o
......■
Inc.—'
common
Mines, Ltd. (interim)
Hamilton Cotton, Ltd.
(quar.)
Hamilton Watch Co., com. (increased
quar.)
4 4% preferred (quar.)
Ltd.—
Quarterly
Quarterly
,8-24
.
5%preferre4r(quar.)..i,.^-...
$1.25
9- 2
City of Paris Dry Goods—'
;•
.■
7% 1st preferred (quar.)^—; $1.75
8-15
4£ 7%v lst; preferred :(quarv)^li--.;--.<-«-«.~.
$1.75
11-15
7% 1st preferred (quar,)™™-.-™.™..-.**
' $1.75 2-15-47
4|4Extra:
8-24
$87%o
......
Bhara
**;'f
Printing Co.—
Hallnor
(Western)
(quar.)......:
Eastern Magnesia Talc Co.;
10- 1
25c,
...
(s-a)^.....
8-15
7-31
,
9- 9
8-12
.
Cockshutt Plow Co., Ltd.
Colgate-Palmolive-Peet—
2
.
—...
$1.12%
—
7%
Bridge Co., Ltd. (quar.)
Envelope < &
Cartons
preference (quar.)
7%
Name of Company
(W. F.)
New
—
,
$1.12%
...
,
8- 9
—
Chase Candy Co. (quar.)
Chesapeake Corp. of Virginia (quar.)..
...
Chestnut Hill RR; Co. (quar.)
Chicago Corporation, $3 preferred (quar.)—
Chicago Yellow Cab-.....-.—
Chile Copper. Co.
*
*
Chrysler Corporation
Cincinnati Milling Machine, com. (quar.)—
4% preferred (quar.)
Cincinnati New Orleans & Texas Pacific Ry.
7-31
7-15
Paper, Ltd., new pfd. (initial)_. $$1.12 % •p- 8-15.
8-15
Brothers, Ltd. (initial)
$25c 4 9-1
9-2
8-22
Drug Co.,- common(quar.)
.........
- 15c;
10- 1:
9-20
7% preferred (quar.)..*
$1.75
8- 2
Drackett Co., new commonMquar,)
; 8-15
6V2O
8-2
•Extra
8-15
4
3%c
8-15
8-2
4% preferred A (quar.)
i....*
25o
Dravu Corporation (quar.).......
8-15
■4' 8* 5
250
8-20
Dun & Bradstreet, Inc., common (quar.)
9-10:
50c
10- 1
9-20
4% %
preferred (quar.)
$1.12%
9- 1
Dumont Electric Co. (quar.)
8-15
15c
9-10
8-23 ?
Eagle Picher Co. (increased)....
30o
10-15
8-20
-
preferred (quar.),
Co. T(quar,).
Hall
Hallicrafters
J$1.25
,
$30c
Donohue
.
10-25
Wire Co...—....—.———
Products
Belt
44 8-15 f.
-
8-21
Corp., Ltd.—
Dow
8-12
8-15
11-15
33%%
.
4%%
-;
...
9- 1
9- 1
11-30
A 4 lOo
Corp.—'
.,- d
4%% prior pref. (quar,)———-——
Champion Paper & Fibre, common
Chain
9-
When
0/ Rec.
4
1
25c
Donnacona
•
,
8-16
.
.
———
Extra
9- 3
.
85c
25c
25c
.
(
————
Edison, Inc.
8-16
9- 3
Bolden
Payable
-
.
Central States
9-15
9-17
4 $1
,40c
Central Cold
Central
4
—
Dominion-Scottish Investments,
5% preference (accum.)
,
When
Share
y
10c
(quar.)__
Dominion Stores, Ltd.
,
,
'
Co.
Dominion & Anglo Investment
5%
preferred
(quar.)
\
Common
Central Coal & Coke—,
Pepper
•
Dodge Cork Co
8- 1
8-15
-15c
& Company
(L. E.)
lb8"154
t$1.25
(quar.)..-.
Per
Holiere
of Nee,
When
Payable
-
Leitch
Gold
Leonard
Mines,
Custom
Ltd.
Tailors.
1
350
(quar;) ™I-;i—.±.
(quar.)
//•
$2c
4 20c
'
8-30
8-15
7-31
8-15
8-
1
FINANCIAL CHRONICLE
&
THE COMMERCIAL
868
*
When
Per
Name of
Le Tourneau
$4
j'
Company
Share
1
.
Inc., common (quar.)
(quar,?.*
(R. G.)
preferred
Savers
(Phila.)
Corp.
Class
B
—
(quar.)
: 9-
8-10
9-10
9-23
Taylor,
'lv,v\f *'
9-
125c
'■
,<
K
(quar.)
Iquar.)
.
:
National
7
7
'
9
8-
Extra
8-20
9* 3
1:
•
1
New
8-30*
LowellBleachery_-^.__-—
15C
9-13
8-30
Lunkenheimer
25o
•8-l'5
3- 5
20c
8-15
8-
25c
8-15
8-9
{Company:
Lynch. Corporation >.u_L——
Macmillan Co., common
(quar.).
Field
&
9-is
25c
9-. 1
8-10
9-36
9-13
8
1
the
9-^30
9-14
Mead Corporation,
(quar.)
9-16
5%
8-15
{
8*3
9-
$1
75b
.
8-15
3
'•
,
.
Extra
Merck
Assurance
Y.
N.
8-31
St
11-30
11-29
9-10
8-28
9- 3
8-1
9-
6
8-15
9-
1
8-15
9--1
8-15
Co;^
W&ter
Company:
Minneapolis-Moiine
7-31
8- 1
$6.50
convertible
•
9^
;5
Class
5 %
preferred
8-15 1
1
Co., common
(quar.)
8-15
\
(s-a)
(initial
common
preferred
$3.25
Montreal
>
Cottons, Ltd.,
preferred (quar.)_
1%
8-12
8-2
Parmelee
preferred
8^ 5
-
Mooresville
Cotton
Morris Plan
Mills
Insurance
Quarterly
Mount
Peninsular
Common
Common
3
8-15
9
8-22
10- 1
9-
9-
3
2
Mullins
9-
2
12-
2
Mfg.
3
>4;
11-
9
8-15
.
8-1
1
8-30
t$1.75
10-
1
t$1.75
10-
1
$1
3
12- 2
9- 3
Munson Line, Inc.,
$4 preferred
$4 preferred A__
1
8-15
$1
.
-
$2
class
8-31
$1 ^
8-3L -
8-15
,8-15,
8-31
8-18
60o
Co.
of
;
preferred
.».;.50d.
6%
iquap.)
$3.65
preferred
6%
preferred (quar.)—«r,_V——j.
'
•
'1fel.S6 '
6% preferred- ^qnag:->Ai.i,t;
Nanalmo-Duncan' Utilities—
6 % %
(quar.)
preference
—
Paper Co.—(
jDo.
(quar.)——
National Automotive Fibres, Inc. (quar.)_„_
National Biscuit Company, common (quar.)
1
,
National; Acme
7%
:
National Lead Co.,
>
7%.
(quar.),
Gypsum Co.,
preferred A
$4.50
common
j.
25c
10-
10-
1
10c
1
1
8-20
'*»—
Pocahontas
—
10c
10-12
50C
Potash Co.
8-31
y. 9- 9
,
8-26
11- 1
-
J:
8-15
Common
4%.%-
1—!'—-—10c
(initial)
preferred
,
8- 9
Initial
(quar.).,-^-,^.-,
National Motor Bearing, common
$1.12%
12 %c
10-
1
""
10- 1
9-16
9-16
.
.
10-
1
%
9-15
——-
$1.59
conv.
preferred.
(quar.)__,
—37y«C
,10- 1
35©.
9-20
.
8-14
:
10-15
9-
2
8-13
7-30
1
9-
1
1
8-15
y 8-31
3
3
10-15
10-15
$2-50
15c
-
$1
y.'{ 50c
9-
1
8-15
8-
1
8-15
:
9-20
9-20
8-22
8-
1
7-20
-7-25*'
5
8- 5
(y$25c y 8-15
7-31
$5c
58% C
50©
•'41%c-'-,-
9-
9-2
8-15
3
9- 3
15c
8-15
8-5
8-10
7-20
8-20
10-1
:
31%c
9-16
10-
&
11-
9-10
8-30*
1
10-19*
25c
9-16
9-
3
;
30c
8-15
8- 5
;
',25o
9-10
8-16
9-14
8-24
;
(quar.)
Cquar)___
Power
23c
9-14
8-24
$25c
8-26
7-18
; 75c
(quar.)
common
(quar.)
:
,
^
.y, •
8-15
7-31
8-15
7-31
0-3
8-15
9-15
9-
9-15
9- I
9-15
9-1
$1.60
.y;$iy
•
50c
,..
>
500
.
,25c
v?
8-31
15c
;
62%©
$75.48
56V4C
&
$-17
0-12
99-
$30c
$$1.25
$50c
1
8-15
Sons
$8-
5
8-28
8-
I
8-26
8-
1
$$1.12 Va
9-16
8-15
25o
8-15
7-15
20c
:
Carpet
3
9- 3
9-16
v
Co
;
8-10
60c
9-10
87 %c
87%c
9-1
8-
25c
8-15
8-5
8-15
7-31
„
.
Lathe
Works
(two
13%©
8-10
.
1
8-15
8- 1
30c
8-31
8-15
$1.50
8-24
8-15
(irreg.)
8-30
8-15
9-16
$1 7
8-15
additional shares for
Ltd. I guar.) **-i
Greyhound Lines—
quarterly
$19o
;___
California
8-15
7-15
^ 806
9-1
,8-15
.
$1.00
California' Plastic
Co.—
(quar.)
$4.50
7-26
"Standard Oil
Extra
f
10-15
8-15
;
Of
Indiana
Corp.
$1,12%
9-14
ft
8-31
8-15
•t
8-
-
8.-31
t
45c,
37%c
r
<9 -
8-28
Standard
.'V
Works
Stein
New
■H'r
(A.)
Stoker
:
.(increased)
Phosphate
&
—
IOC 1
50c
St
75c
7-31
•:]8- 5
8-~5
9-10
.8-12
9-10
yio-1
l-
8-12
:y
8-15
119-
•
9- 3
8- 5
10-15
8-12
Acid
(quar.)Company—. :'•.-.y;.
(initial quar.?
common
Extra
Co.
Wholesale
'8-15
9-16
•;
25c
31%©'
{
{
1
8-31
>v
<quar.)_
8-15
"
,¥$125
(quar.)
5
8-36
9-16
-
•
8-26
9-16;
$1,12 %
Standard Steel Spring—.
4%
preferred (quar.)
Standard
5
7-31
V.
Silica
8-
10-11
Paving & Materials, Ltd.—
Participating convertible preferred
,.Standard
:i 8-15
it
8-20
Standard
:'.
■'
7-16
0-16
;
V,
9-26
8-15-
40c,
■
8-15
n
10c
(quar.)
"preferred TquarT_____*s*_«___^_*___
7-31
9- 2
10-15
.
preferred' (quar.)______
8-15
.
Forgings (increased qu&r.)!^-^-. ,
-20c'
Fuel Co., 6%%
preferred
$$1.30%
Standard Oil Co. of California" (increased)-.^
65©;
.
8-26
8*15
35c
,
Inc.,
8-15
.
9-15
,
Mills
.
9- 1
.
Edison— "
37%©
.37 %c
60c
,
\
8-17
•
8-31
*
1
$50©
&
;
9-10
1
9-12
85c
.
9-20
$2-26 ;
8-15
7:45c
>
••
;
{Standard
8-15
9-
.v
25%
"^Stantlar^
;■
8-15
$75o
9-30
-•
Standard Cap;8fc Seat Corp.-—.
t t<>
$1.60
preferred
(quar.)
- 40© 9- 3
5%
8-15
9-
>t$1.50
/
8- 1
12-30
.
50©:
'
jStanSard Chemical Co.,, Ltd.—♦
8-15
9-
r-
17%©
r,
Common
8-15
9-
31
n .8-26
10-
8-10
12%o
pfd. (quar.)___
>
8-16
8-30
.
8-23
8-24
%
I7%c :
Stamford Water Co., com. (increased
quar.)_
Standard Brands, Inc., $4.50
y 9-14
y 8-12
9-16
8-15
,25c
•
dividend
Spiegel,
10-1
1
8-15
•
9-10
Stockdividend:
_u—
::
20%
Southern California Water, 4%,% pfd. (quar.)"
26!5o:
Southerii Canada Power Co., Ltd.—
6% participating preferred (quar.)_y.____
$$1.50
Southern Canada Power, common
(quar.)
$20c
Southern Railway Co.: (a.uar.)______^____:__ ' '
78c
Southern Spring Bed Co.l
25c
Spartan
;
8-13
.
Shops, Inc., 6% preferred (quar.)_
Water (N. J.)
(quar.)
Proctor & Gamble Co. (quar.)—
Proprietary Mines, Ltd
Provincial Transport Co. (s-a)————
Public Service Co.. of 'Colorado— ,
;.y
S 7%; preferred
(monthly)
—
—
6% preferred (monthly)
s.4-*»
5% preferred (monthly).
1
-
.
,
:■
9-10
1
10c
(Dallas)
Sovereign Investors, Inc. (quar.)_
8-15.
Vr
3
$1.50
Princeton
.
25©
37 %c
Princess
v.;
additional shares for each share held
$1
■:',•$!;
9-
10-
9- 2
$1.05
Southwestern Life Insurance
2
$1.37%
-
Two
'
—
'Power Corp. of
Canada, 6% 1st pfd. (quar.)
6% non-cum. partic. preferred
(quar.)
<; Pratt. Food Co. (quar.),
r_*
7-31
8-19
—
..,,6%; Breferred-!;(qiifl,r.):{^';;.{'y ry{-*;y5%%
preferred (quar.)
7-31
V;
Pocahontas
10c
8-
10-
$1.37%
,,.;
Ilo®|
3
8-24
9-
..
$1
75c
—
10-14
5c
30C
—:
———
9-
$50c
30©
.
—
8-19
c
Fuel
of America (quar.)
Potomac. Electric Power—
8- 9*
:,.\v
8-15
•
Creek
8- 9*
f 8-9*
9-30
—
,,
(increased)—*1—Company, class B-:
' ni;.'-;,-'
$1.50 -preferred A (quar.)
y
—
9- 3
9-14
•
(quar.)
1
8-12*
9; 3
50©
y
8-12*
3
;
9-20
25c
preferred B (quar.)
Common (quar.)
!;)
——-
8-
8-15
9-
/
8-.1
9-16
soc
•
9-16
8-15
'
11.12%
RR.
Extra
•
V
'
6%
8-30
91 %6
,
' <
(quar.)
Bend
Southern
8-30
0-30
8-15
20c
quar.)
•,,
9-30
25C
30 c
—
to-1
$15c
'
Southern
25c
(quaf.)l—
8-15
$$1.06%
*
(quar.)
Oil ;Corp. (quar.)
Increased
6
8-16
9-10
40C
—
Poorf St
10c
■:
Extra
(stock dividend—
Pond
8-13
9-30
8-31
,,:
$1.50
—,
>
8-31
•
$1.75
——
-
8- 9
9-27
25c
——
(quar.)__
quar.)
—
Southeastern
8-21
9-
9-16
$1.25
common
'Southam Co.,
'■>
8-10
3
8-10
,'j, each three shares held)_________
9-16
3
8-20
9- 3
10* 1
'
9-
9-
9-15
Manufacturing Corp.-—
Stock
9-13
10-
25c
St Co.
(Alexander)
South
10-
$1.50
$4 preferred (quar.)
y
Pittsburgh Bessemer & Lake Erie (quar.)__
Pittsburgh Steel Co., $5.50 pfd. (accum.)
y Pleasant. Valley Wine___j;
;
;
;
9- 9
$1.06
—_—
(quar.)—
:
6% preferred B (quar.)-*——
National Liberty Insurance Co. of America—
National Linen Service
,
25c
,8- ,8
*
,
.
Solar
$1
——.
10-1
$1.25
;
55c conv. preferred A (quar.)
Soundview Pulp Co., common (quar.)
6% preferred (quar.)
$1.75
—
9T6 ;
22%c
8431*
9*16
(quar.)
..
Pierce Governor Co.
4
9-13
9-14
30c
*
10* 1
2o©
;
2-5-47
1
/Philadelphia Transportation—_
;
;
^,
Participating preferred
Phillips Petroleum
(quar.)
Photo Engravers; &
Electrotypers: Ltd.——.
Pillsbury. Mills,-common
„8- 6,
;
9- 2
8-30
10-15
9-14
9"-9
,
$1.12% y
(quar.)—.
12%C- s;
pfd.
(quar.)
Semi-annual
,
20c
'''/v
preferred
>
' 10-15
25c
'
Extra
4%%
National
.,8-22
<,
$1.75
,
1
8-15
8-15
15c
; (quar.)
r-;
Register (quar.)
National. City Lines, new. com. (Initial quar.)
(quar.)—,
$1 (
50c
Cash
National' Cylihder Gas Co.
.9- 1
:30c
preferred
9-19
12-19
/*•«/•
181 V4c
—-
■
12-28
'
'
Nashua Gummed *& Coated
National
9-28 !
$1.50
11-
11-15
8- 8
$1
3%% preferred (quar.)
Sivyer Steel Castings, Co.
8-5
7-25 *
8-28
'
Extra
$1.25
—
(initial
,
;
'
ioc
Common
1-15-47
8-15;
:
2
8-15"
$1.75
(quar.)
(quar.)___
(quar.)
(Frankllrt)
Smith
9-14
12-14
4-1-47
7-15
—
V
to*!
1-1-47
9-
33 Vs %
;
iprefer^ed
Sinclair,
8-1
.
America—■
•
.
com.
"77-25'A
8-15
$1.75
Class B (initial)
4V2 % preferred
:
7-26
8-15
8-15
Co.—--J-
8-15
9-16
$1.12%
_Slmpsonr$i Ltd* class,A (lnt©rihi)-_«__,y____*
5
8-15
3
$1.25
preferred
8-20
8-
9- 1
(quar.)„
8-8
25c.
Co., 7% pfd. (final)_
4%% .convertible preferred (initial quar.)_ '
Simon (H.) &
Sons, Ltd., common (quar.)__
5% preferred (quar.)_
•
8-20
$75c
,
10-15
8-15
B
Simon
$1.10
——.
16-15 ;
11- 1
(quar.)
,Signal Oil & Gas, cl$sa A
: Class B
:
Signal Royalties; class A (quar.)
Slgnode Steel Strapping Co., com. (quar.)
y 5%. preferred.
8-30
1
25c 2-15-47
(quar.)—
Co.,
y
25c
-
11-1
15c
:
•'"
9-12
1
9-
50c
V
is©
w/4©
Corp.
F" (quar.)
Whitehall
Extra
4%
9-20
9-
1
4
(quar.)
k
7-31
8-15
9•
9-13
9- 9
0-6
10-
~
7-31
.
TO - T
35C
(quar.)
Shawinigan Water 8c
Sherwin-Williams Co.,
7-31
;
10-1.
35c
.330
com.
Corpbration Class A
Class
-
8-15
10- 1
33yac
pfd. (quar.)
;
;
A' (quar.)
v
8-31
$2
Philadelphia Electric Power, 8% preferredPhiladelphia insulated Wire (reduced quar.)
Philadelphia Suburban Water, com. (quar.)_.
Muskegon Motor Specialties—
Mutual Chemical
•
8-15
8-15
8-15
10c
&
Serrlck
.
(initial)
$1 "preference
-
9-1
1
8-22
87%c
(stock dividend
Paper Co., Ltd.,
preferred (Initial
Sears Roebuck
8-20
50c*
y-.,,
Philadelphia felectric Co., 'com.
8-15
9-
8-27
25c
*.•
Brewing Co.—
Phelps Dodge Corp. (quar.)
11-26
10
25c
6
7-36
$1.06%
(qWr;)—
•'
9-15
v
$1.12%
{'Seaboard Oil Cq. (quar.)
Seaboard Surety Co; (qUar.)__,
7-31
8-
8-15
30C.
Pfeiffer
8-27
$1
»
common
..
Pennsylvania Water & Power,
$5 preferred (quar.)_
Oil
Mining
& Development
(quar.)
Corp., class B (special).—_—
8-10
$1
Pfaudler
8-30
8-19
9-
8-22
8-26
$26
*_
Perkins Machine St
Gear, 7%
Pettibone-MuUikeh Co.—
;
8-30
<
8-24
25c
9-20
9-14
—.
{Pennsylvania; Salt Manufacturing.
'
8-15
$55 %C
8-22
,
10-1
————
4.40%
5%
8-15
9-14
(guar.)
(quar.)
1
9-15
i
5% preferred A (quar.)
Scott Paper Co., common (quar.)
$3.40 prefei-red (quar.)
7-15
,
9-20
'
preferred B (quar.)_.
•Pennsylvania Glass Sand Corp,r—
Common
(quar.)
8>-10
9-14
10-
7-15
8-15
$1
Penman's Ltd., common (quar.)
Pennsylvania Electric Co.—
8-10
25c
8- 1
v
8-15
62 %c
$1 preferred (quar.)-4—
$1 preferred (quar.)_-—
8-26
9-
Telephone,
$1. preferred
8-13
9-18
75c
common
8-7
8- 1
75«
•"/
—.
9-
75c
—___—
Diablo
Co.,
3
8-15
$1.75
•Peabody Coal Co., 6 % preferred {accum;)-*
Peninsular Grinding Wheel-—*—
34%C
Society- (quar.)
9-
8-15
-
Patchogue-Plymouth Mlli&.:
9-
$20c
—
7-26
25c
Parkersburg Rig & Reel Co., common——
$4.25: preferred
(quar.)———
tl3c
(increased)
3
(quar,)*
70c preferred
(quar.)
:
Savage Arms __4
Bchenley Distillers COrp. (quar.)
Securities Acceptance Corp.—•"
Stock dividend
Common (increased quar.)__
8-28
'8-15
8-23
9-
10-15
-.VyiV
•
—
i-w—
9-14
8-15
8-15
—
9
8-
1
9-
25c
(quar.)-——
Transportatioq (quar.)
7-1$
8*16
$25©
"
Shops
San-Nap-Pak Manufacturing Co.—
70c preferred (quar.)
8- 9
9-10
37 %c
—
§- 1
8-30
'
9-15
.9-12
Ryan Aeronautical Co.
8-15
10-
34%C
shares
r,
Electric
series
Saco-Lowell
9-10
15c
.
9- 2
8-30
B——*
8-30
-
•10-1
10c,
$440
Moody's Investors Service, Inc.—
$3 participating preference (quar.)
Corporation, Ltd., common (quar.)
7 % preferred A
i'—
7 %
American
8-15
$1.62%
Moore
25©
(quar.)—i
'Pantepec Oil of Venezuelar-
9- 3
4-.——
9-21
1
0~ $
9-12
9-16
common——
10-
common
(quar.)
(quar.)
preferred
(q,uar.)__^_.
prior
Rutland
7-25
5
8
9-10
{
8-26
-.:•
% $0o,
(quar.)
4%%' preferred
9-21
9- 2
8-15
1
6
8-
60© -vlO- 1
_______
Ruppert
•
7-20
25c
$1.25
50c
(s-a)_.—
A
10- 1
8-15
8-
,
2s 6d
Roos: Brothers, inc.
;(quar.
(Jacob) Co., common
5
9-16
8-30
8-23
8-
8-31'
9-16
,
30c
•
preferred
5%
,{■
5
8-
40c
■
2
—
8-
9
St
5%
/
5
8-
8-16
preferred (accum.)______
6% preferred (quar.)
preferred
$1.50
(quar.)
Insurance
preferred
4%%
8-15
8-15
$1.25
quar.)
4%
Rolland
9-
¥$L56
i.*.-—
preferred4, (quar.)
9-
'
New
5%
10-
7%c
1st preferred (guar;)
2nd preferred (quar.)
8-22
$-16
Inc.,
-preferred
Island
9-14
1
$1
iy»c
—
\
9-10
10-
75c
8-36
Monroe Loan Society, 5y2% preferred (quar.)
Monsanto Chemical Co., old
common
y 9-20
75©
Monarch
Mass)
,
7-19
0-18
~
Rockwogd & Co., common
8-31
8-31
40c
Corp., common (quar.)
Mills • (increased) (quar.)
Panhandle Eastern Pipe Line, common—.
4% -{preferred -(quar.)^-
8- 2
Monarch Knitting Co., common
—
Life
Insurance
(Springfield,—
9-20
Pacific Lighting
8-15
—
7%
3
9-
Palestine Economic Corp.
9-16
—
Mohawk Carpet Mills (quar.)
1
Pacific
8- 2
1
$1.62%
y 25c
•
$5
Rand
Rochester Gas
10-
9-12
8-15
10-
Paper,
5%%
2
8-
10- 1
75c-
(quar.)
Rhode
,
Manufacturing
Glass
-
ay ',8-22
r,'9- l'-i
^Rice-Stix Dry Goods Co.-v7%
Pacific Gas & Electric,
8-31
1
,:--;8-l5:>
•
Oxford
7-31
9-14
9-
&
50c
<
8-30
% 8-15
$25c
preferred
Manufacturing Co.,
4% %
8-19
•{vOX'^ Fibred Brush :;Go.^L—*i.——u-v—;
20c
—:
Utilities
12-
25c
Line, common——
B
Missouri
•
12- 5
Marine
Owens-Illinois
1
9-
-
>
(accum.)^.—
$1
Rheeni
8-15
-
Outboard
12-1
"**•"
8-36
9-30
;• 9-304
25c'
Co.
preferred
k
8-14
9-19
60
Extra,——
.i4—
Ogilvie Flours Mills, Ltd* 'commoh (quar.)»^
$250
1% preferred (quar.)
t$1.75
Ohio Power Co., 4%% preferred (quar.)—.
$1.12%
Oklahoma Natural Gas, common (quar.).—
50c
4%%: preferred (qUar.)593/100
Ontario Steel Products, Ltd., com.
$250
(quar.)_
7% preferred (quar.)—.
:> $$1.75
•*
Otis Elevator Co* common (irreg.)
'.-350"
y-4 6%
preferred' (quar.)-^—-—^-*---—
$1.50
Otter Tail Power Co.4-i
;—-i—
50c«
Implement—
preferred
Missouri-Kansas Pipe
9-14
--
9- 1
9-5
12- 5:
'
(R. J.) Tobacco—
Common (interim
/■.-Class-B.; (interim guar. )■
...
1
9-10
—
'
50o
Power
11-
i$- >
'
8-31
8-15
$1.62%
v
IOC
-rr—y
11-15
11-16
•t $$1
$2.50
—«
—
T_
'Norwich; Pharmacal Co.^-^
1
9-
115c.
25o
87^iC
(quar,)*--.——
8- "9
50c
50c
;v
1
9-
•
(quar.)
Rubber
$1.75
$125
'Reyqolds
'
40c
-
8-31
8-15
12%c
preferred——.
6%
$-15
$1.25
Republic Investors Fund, Inc.—
6% preferred class A (quar.)___
6% preferred class B (quar.)___
Republic Petroleum 5J/2% preferred
,
8-15
50c
Nor walk
,
-
3
9-10
150c
—
8-30
•
9-
6O0
—
$55%0
,
50c
Co.—
25c
;—j,-——--.
$l!27%
for each
Utilities,
(s-a)_
8- 9
$4.50
8-15
•$- 1
Remington
:
"
43 3/4 c
Company, common.
preferred (quar.
Merritt-Chapman & Scoft—
: 6Vz% preferred A (quaF.)—*.-^
Messenger Corporation (extra)
Michigan Public Service Co. (quar.)
Michigan Sugar, 6% preferred (accum.)
Middlesex
$1.50
Northwestern
&
Midvale
preferred—
43 %o
$3.50
Mid-Continent Laundries
8-20
8-15
'
Fire
9-16
3
9-
SEC)
Tire
2
8-15
9- 1
— --
Merchants
2
9-
10- 1
9-10
Northwestern States Portland Cement (quar.?
Extra
*
8-
50c
$1:60
American
Gas
8-15
9-14
; 25c -
■
(subject to- approval of
Liberties
"-y
'
Gas Corp.—
Extra
:
(quar.)_
(quar.)
convertible
•y 9-13
9-14
.
8-31
8-15
—.
5
%
Northern
:
-
(quar.)
Reading Company—, *
u
1
:A%. non-cum. ;lst preferred ¥quar.)
Regent Knitting Mill's, Ltd.__*__^____*____-_
,i Reliance
Manufacturing Co.—'
y;
3%%
preferred (quar.)
.*
8-31
9-
$2.40
8- 1
9-16
50c
9- 3
:
9-15
8-15
50c
200
-----
1
i-;.-——
93%C
—
8-
' '-----iw'---—•
$1.56
Invest., 6% pfd. (accum.)
preferred (accum.)—
$1.37%
North River Insurance
25c
(quar.)
Northern Central Ry. (quar.).
25c
;
Northern Insurance Co. (N. Y.)
$1.50
North
9-16
10-1
$1.12%
25c
$1.06-%
.i—$0;3616
$1.50
$5 .§0 preferred B__-_'—-l—" $1.3Tya
Meadville Telephone Co. (quar.)
37%c
Meier & Frank, Inc. (quar.) —._i
——-*
,..150
Mercantile Acceptance Corp. of California—
■■■■*
; 5^
preferred • (quar.lwi-*,----^------^--.
25o;
s
5%' preferred;'(guar.)i——..i.
25c
6% "preferred (quar.)-——s—————30o
preferred ;:(quar.)
—;
" 30c
Mercantile Stores Co., -7% preferred (quar.) - V $1.75
Common
(quar.)
25c
Merchants Distilling Corp;
—1-.——.—
SOc"
(increased)
$4.25 preferred (initial quar.)
$2 2nd preferred (initial)
—_
$6 preferred A:
common
1
10-
8-15
30c
(quar.)—
Gas & Electric
■
(duar.)*
Queen Anne Candy Co.
Rand Mines' (Interim)
___.Raytheon Manufacturing Co.~
6
8-15
10-15
1
6
8-
50c
—L———..—-^;
(quar.)—
Ry., common (quar.)—.
shares held
8-
8-26
60c
'
non-cum.
Western
8-26
$1
7-15
$2
(quar.)___i._^*_
Power
8-15
8-15
:y 9-14
V
•
50c
common
Statq
Quebec
5
8-15
•8-36
$1.75
.
preferred (quar.)"****
Oil Refining^ (increased)
Z
Quaker
8-16
3-
8-15
1
9-30
50c
Quaker- Oatsv Co* 6%
■
9-19
f
20c
vV;;;'
(quar.)
Mines, Ltd.
&
100
7-31
>_■
,
Mclntyre Porcupine Mines, Ltd.
$5
share Pacific
8-
8-
37 %C
McClatchy Newspapers, 7% pfd. (quar.)—
7% preferred <quar;)_i—
Publishing
One
3
-
Hill
Norfolk
8-15
9-
pfd.
9-19
1
8-15
$1.50
_—-.
(increased)
$6
Co:,
9-
60c
____
$5, preferred
Oil
9-1-
25c
—
North -American "Aylationii—ii*.- North American Co. (stock dividend)
-
8-15
-
-...
$1.06 y4
Co.,, 4%%
2
is—
Brake Co.—;
Dock
A
20c
25c.
..
u.
pfd,,- (quar.)—
Maryland Drydock, common tquar.)____
: 4% %
preferred (Initial quar.
Massachusetts Bonding & Insurance Co.—--•
Quarterly
May Department Stores Co.—
:
Common (increased-quar.) ———■____
$3.75 preferred (quar.)—.—...
ii—
May McEwen Kdiser Co J4'
•>' y '•
New common (initial quar.)
McGraw
Class
$70c
(quar.)
1
9-
; Clase A" (quarv)-----i---—iiii—-4.--*-—i.'
5
20c
Maple Leaf Gardens, Ltd., 7% non-cum. pfd.
Marathon Corp.11 ————**-Marshall
1
8-30
....
preferred
'Puget Sound Power & Light__**________
Pulltnan,. Incorporated (quar.) *
I
.Punta Alegre Sugar
(Increased)
r
«
8* 1
206
..
Magna voxCompany (special)'—-.-*:-.—.
Mi*' '
Magor Car Corp.—————————
Manhattan Shirt Co.
York
Noranda
j
_;
10-
20c
y 5.1&%* preferred (quar.)
Newport News Shipbuilding & Dry DockQuarterly,
Niagara Lower Arch Bridge Co* Ltd; (quar.)
'Nineteen; Hundred Corp., class-B—
1
8-
Madison'Square-GardenCorp.-—quar.)
Inc.
England Laundries,
New Jersey Zinc Co.—
8-16
)9>*;J3>
Brothers,
New
9*17
9-
Nashville
(initial
$1.12%
-
—
Co._^
New York State Electric &
_———*£*
.
RR. (quar.)———
10-
Neptune Meter Co., $2.40 pfd.- (quar.)-i
Nestle-Le Mur Co., class A (accum,)-———
"New Amsterdam Casualty Qo, (N. Y.)' (s-a)—
9-12
New
Fibre
50c
-
.'Neisner
88C
v
Vulcanite
New York' Air
v
7-31
53y8c
8-20
0-13
(s-a)
——_•— -i
National
v
.
(s*a)~__—
8-16
(quar.)^___*;_.—
common
8-23
,8-15
&
Co.,
9^3
150
preferred
Tea
6*9
10r
:
9-2$
'
87'/2c
(monthly)
(monthly)
{6 % preferred (monthly)
7%,' preferred, (guar.)
;.I ,yy
5% ' preferred
4y»%
preferred
(quar.)——
National Union Fire Insurance Co. (s-a)
,;y
10-
$2
$1.50
.—
7-31
'•56
20c
-—-—
,
'8-
2
j 8-31
% $2
.
7-31
8-15
of Ree.
;
(quar.)._*_*„„„»-_,-u^*_*^,-,yf;:1'$i.25
•
(qiiar.)
Public Service: Electric & Gas—
7%y preferred■{{ (guar.!-;
,r_n
'8-1$
10- 1
45C
common——
preferred
8%
1-21
*15c
series
"National Supply (Pa.) , $2 preferred (accum.)
4%% preferred (quar.)
—___
7
8-
^50. :
$4 •
Common
1-31-47
*16C
$1.25
_
j
$1.«6
■
7-13
.*Estimated"UlstribUltio,n..
v
4*%c
(quar.)—;
,, .
B-31
Corp'.—
9-21
j
Increased quarterly
Louisville, Henderson & St. Louis Ry.—
Louisville
160%
—.—f———-
.
8- $
8-23
dividend)
1
—
(quar.)
:
2
9-
20c
V.
——
common
;non-cum.
Research
•
preferred
Pure
3-10-47 2-24-4T
8-15
9- 1
87%0-
—
Louisiana Land & Exploration-:-
5
6%
6%
■
series———i—-—
a-i
Selected: Group
<-
50c
$25c
(quar.)-:
1
11-22
12-10
50c
—-—
preferred
1st
$8' preferred
Iquar.)*-.-*.----—w
&
stock
series
-
Indiana,
Hoiaer$
Payable
y.vy'.y* yViy'-'y
Public Service
Corp. of New Jersey, common.
8-23
9-10
250
6%
Securities
Preferred
Stock
3-10-47 2-24-47
$1
50c
Public Service Cq, of
When
...
Shark
■
3%.% "preferred
held---.-
share
each
prior preferred
y g%
11-22
12-10
$1.10
Longhorn Portland Cement Co.—. - .
5% participating preferred .(quar.)____—.
&
for
National
$1.10
«■ •.
__
preferred ,(quar.)
Lord
3
8-
8-31
7-^1
one-sixth share of Carolina Power
National Pressure Cooker Cok (stock
National Pumps Corp.—
"
Lock Joint Pipe Co.—-
;
1
9-
$1.2d'-;-"v-8-io'-:
'■
>
--
''
&'Trust* (N.
Quarterly;
Light, common, and one-eighth share
Pennsylvania Power & Light, com¬
mon
20c
i
Co.
7-31
_
Loblaw Groceterias, Inc.
Gas
;{• 8-15
mon,
3
8-
8-20
500
—__
Star
50c
.
,
Lone
i.—
Per
*
Pubiic Natiohal:;Bank
;
\2'; 1946
ftW *-» V.'« }y -Uv
t**U(Vyfc
i,«
Name of Company
r:
liquidating distribution. One-tenth
of Birmingham Electric Co., com¬
&
({
10-26
11- 1
25C
Special guaranteed (quar.)
Special guaranteed
Special guaranteed (quar.)
Liquid Carbonic Corp., 3 % % pfd. (quar.)_.
Loblaw Groceterias Co., Ltd.. CI. A (quar.)..
8%
8-13
.4:1.
•
(quar.X
7-31
>s
Mdiiday^ ^^|usl
1
wJV*fcPt&ti
.-/• 'J
'v
r>* Ree.
8-15
share
1
8-
8-13;
2
9-
Partial
of
(increased)'—-
Little Miami ,RR. Co.:—
Class B
:
.9- 2
3Qo
Original capital
Original capital
Original capital
2
75c
—
Lincoln National Life Ins. (Fort Wayne)—
•
Vayaoie
50c
5% preferred (s-a)
Natlotlal Power & Light—-?
7-25
8-12
35c
;
7-23
75c
Lindsay Light & Chemlcafcio.
Links; Belt Co; (quar.
Lionel Corporation (quar.
'
Type—
Paper &
Extra '
):
8-27
12%C
(quar.):——
9
9-10
r
—
Liggett & Myers Tobacco Co., com.
National
Share
name of Company
.
9
8-
9-1
25c
(initial)
8-
1
8-15
25c
—
(increased)*
Corp.
:i
$1
,
Libby-Owens-Ford Glass
Liberty Aircraft Products Corp—
Life
9-
v
W*
Bounsrt
Wrter.
'
-—
Liebert & Obert
of Ree.
Payable
\
25C
—
■rer
Hoiaere
9-11 y
9-1
'40O
8-15
!7-3i
40c
8-15
7-31
.
Volume 164
Number 4515
^'
■■
Ftr
I■ ' }■
Name of Company
Sterchl Brothers
Stores,
Z-';
(quar.)
new common
Extra
12VaC
i2y2c
Sterling Drug Inc. (quar.)
Strawbridge & Clothierprior
preference
A
(D. A.)
Class
A
Oil Co.
(quar.)
$3.25
85c
1
8-15
9-1
8-15
25c
40C
.Z-Z_ZZZ
Co.
(quar.)
Corp.
(quar.)_
Transit Corp.
(quar.)
Incorporated
1
«- 9
9-
3
8-15
""
8-15
7-19
10c
;
♦5c
_
"(lnterlin]ZZZZZZZZ
;io-
(Del.]" (quarZ)ZZZZZZZZ
American
deposit
25c
$6
1st
(increased)—
(increased
8-15
8-1.
(
9-
9-10
75c
8-12
19-
*1.50
-j
v j
:
1
9-20
9-20
10- 2
'9-10
9-10
4.., -
7-81
92 Vic
•
V
8-15.
7-31:
-J
<"
A
(quar.)
.
.
.
"yy
.
Ox';
93%C
9-10
8-20
♦1.25 :
United ■:Aircraft-Corp
*•
5 % convertible 'preferred'' (qiiay.)'. -^ZZ'
United Biscuit Co. of America_^__i
United Cigar-Whelan, $1.25 prior
9-
8-15
'
Corporation, $3 preferred
The payment
United
••1
*
.
25c
Arrears.
7%
preferred
United
"
.*
«
-
.
..
.♦386"
Vy-
Fuel
Ltd.— :s^*ustv.
Merchants
Stock
&
U.
S.
8-27
3c
8-15
7-31
•
50c
.
9-30
9-8
50c
9*15
8-30
12-26
(resumed)
United Utilities & Specialty Corp. (initial)
Universal Insurance Co. fquar.)_r_
1.
8-19
9
8-19
8-22
8-2
Walker
Co..
(H.)
Common
1
$3
preferred
•
>>
••
.
•'
Witlll
> *
\
.
The. company on. July: 3Q filed a letter of notification with the;
shares of non-assessable stock, sales to be made by Verner
K
for 40,000
Secretary-Treasurer and director.
Offering price, 10 cents
Proceeds, to purchase - and- install imill . and purchase :minin%
Blair,
share.
»Z
machinery.. Issue, hot underwritten'.
'
;l*d',vr* "'i
•]
-
1'itf-.V
viV.r:
A
•*••"/!
k
declared
directors have
The
a
-
,
Simonds Saw ife Steel Co.—Larger
' "*( rZv-
-
Dividend—
dividend of $1
-'
'*
<
share on the coi#-
per
stock, payable Sept.; 14, 1946, to holders of record Aug. 23, 194^
with a previous payment of 70 cents a share on June ISj
1946. and a dividend of 50 cents a share on March 15, 1946.:-Paymenltf
This compares
during
-y.-f: >15; 50
1945
were
June 15 and Sept.
15^ 60 cents.—V. 163,; p. 2588.
-.. ';
•
..
follows: March. 15, .40 cents;
as
cents each; and Dec.
Sioux City Gas & Electric Co.—Increases
oh
Dividend—
declared a .quarterly dividend of 40 cenlk
per share on the $12.50 par value common
stock, and the .regular
v quarterly
dividend of 97Vfe cents per share .on the 3.90% preferred
stock, par $100, both payable Sept. 3 to holders of record Aug. 20.. > .
7;
The common dividend is an increase from the quarterly rate •#
3214 cents per share paid on March l and June 1, 1946, following the*
2-for-l
split-up of the common shares and refinancing of senior
securities last December.—V. 164, p, 596.
1
n
SEC—^
directors
—V.
$3,935,949
4,735
$596,113
370
oper.
Aug.
5
$1,338,670
$1,151,502
—861,434
income
income--
Net
$8,135,68#
$7,110,491
5,467,298
1,032,352
. '
164, p. 428.
6,221,771
,
,
$3,614,961
Southern Colorado Power
2,592
Co.—-Weekly Output—
Z
output of this company for the week ended Aug; 3, 194%;.
totaled 2,391,000 kwh., as compared with 2,128,000 kwh. for the cor¬
responding week last year, an increase of 12.4%.—V. 164, p. 732.
$2
10- 1
9-15
62&o
10- 1
Net oper.
.
9-
.
9-10
♦1.75 ;
;
12-10
.:
9- 1
12- 1
9- 1
8-15
10-1
,
9-
charges
— The syndicate headed by
Aug. 1 announced that of the
263,037 shares of common stock (par $2) offered for sub*
scription to common stockholders at $22 per share, 24V
258 shares were subscribed for.
The balance of 20,77®
shares were purchased by the underwriters and have
Spiegel, Inc.
1946
1945
$2,382,265
1,836,306
——j
;■
h*-—--aL-w.71,489
depletion—121,663
114,600
>
9-15
>>
:'Z
i
income
$252,792
$259,701
—
June—
Gross from
9-5
::
9-15
9- 5
Net
3
8-15
9-20
9-10
...
$1.75
...
♦15C
9-10
tipr 10c
7-20
t$l
9-16
8-16
t$2.50
8-27
10-19
10-
9
held
8-26
8-
8-
8-15
3,107,689
3,514,659
594,717
1,434,051
1,394,131
2,058,098
43,789,264
2,072,982
58,282,166
18,915,447
*696,729
8,851,197
x
railwayrailway—.
.
'
income
oper.
There
164» p. 732.
Z
16,486,139
50,700,980
17.469,603
7,760,019
10,988,476
55,890,982.
>
have
been
called
for
i
and
interest, $240,000 first and refunding mortgage series B 3'/8% bonds
due Oct. 1. 1971, through the sinking fund.
Payment will be made at
the office of J. P. Morgan & Co., Incorporated, 23 Wall St., New York,
N. Y.—V. 162, p. 716.." ...-V
:V.:
Schulte
The
Corporation—r
redemption
on
Oct.
1.
next,
at
101
its
Estate
Real
corporation
has
Co., Inc.—Debentures Called—
called
for redemption
on
Oct.
1,
next,
all
75c
9-
3
8-17;
$1.12
9-
3
8-17
be
20c
9-
3
8-15*
p.
(quar.)
:?;
.
>■
-Z
of common stock of the company were granted pro rata,
subscribe to the shares of common stock at the rate of Va
of one share for each share then held, at $22 per share.
Subscription
rights expired at 3:00 P. M., EDST, on July 30. 1946. Subscriptions
were
payable at office of First National Bank, Chicago, or at offices
of Manufacturers Trust Co;, agent, 55 Broad St., New York.
outstanding
made
818.
on
15-year
Sept.
1,
1946,
the regular
annual payment date.—V.
•
'■ ;
.
shares
rights to
PURPOSE—The
lOWS!
162,
•1
proceeds
net
'•
s
J
'
'
'
'1'
' •»
will
"
be
used approximately as foli, ^
ya
^v
~
^ r*
-
.
^
1 i
to pre-pay or to pay at maturity short-term ban* ^
loans
with
the
following
banks and in the following respective*
amounts:
Continental Illinois National Bank & Trust Co. Chicago^
$1,000,000; Bankers Trust Co., $1,000,000; First National Bank, Chi*
cago
$500,000; Harris Trust and Savings Bank, $500,000: Chase Na¬
tional Bank, New York, $500,000; Manufacturers Trust Co., $500.00a
and Bank of the Manhattan Co., $500,000.
The proceeds of the fore*
going bank loans were used principally (a) to pay a cash consider# ^
ation of $2,438,635 in connection with the acquisition of 47,321 snar« v
of the capital stock of J. & R. Motor Supply Co., (b) to pay a caslfc
consideration
of
$1,374,000 in connection with the
acquisition of
6 870 shares of capital stock of Robert Keith, Inc., and
(c) to pay X
cash consideration
of $675,000 in connection with the purchase o*f>
a rayon mill.
1
'
'
;
' "
(1)
$4,500,000,
.
$750,000 to pay the annual principal Installment due Nov. 1,
1946, on the company's 2%% serial notes.
The proceeds from the
bank loans evidenced by such notes were used to finance the acquisi¬
(2)
of
tion
of
income debentures due June 1, 1951, at 100
and accrued and unpaid interest amounting to $490 per -$1,000 deben¬
ture.
In addition, it was stated, a regular 4%
interest payment will
75c
|
'3,188,881
Saint Paul Union Depot Co.—Partial Redemption—
<
•
8
8-31
1,010,829
6
8-22
25c
$9,381,195
-
(stock dividend—
share
$9,703,390
1—
"Deficit.—V.
8-9
8-20
.
:•
$9,976,867
railway.
from
from
.1943
..
$7,362,010
oper, income-
Net ry.
Gross
5
1944 m
1945
1946
■
■
railway—
From Jan.
8-
9-
:
$1.50
—
from
Net ry,
8- 5
"
July-12, 1946, it.
at 3:00, P» M., EDST, on
holders of record
'ThO
the
112,400
v-
St, Louis-San Francisco Ry.—Earnings—
9- 9
8-15
>
'
104,064
-
"
-
been sold.
76,702
..'
Stock Sold
—
Glore, Forgan & Co. on
461,707
163, p. 2447.
8-23
;
3
8-15
*
15c;
...
375,836
$2,555,082
1,987,628
and taxes—-.-.-.
expenses
Net
-V.
9- 9
10-1
Vic
13 Vic
(S. D.) Co., common—
preferred (quar.)
JWarren Petroleum Corp
621,829
$658,747
8rl5;
9- 9."
♦1
•--r
$4.50
$564,485
Provision for Federal income taxes.i.—^
9-16
13 Vie
Warren
;>.v
Mountain & Pacific Co.—Earnings-
—•——-i.:--1--—
Depreciation, and
9-3
13ViC
each
637,305
Co.—
13
for
",2,331,793
$91,855
59,208
78,765
earnings
Gross
8-18
♦7c
20c
(quar.)
^
B
$3,612,369
2,729,424
/v
12 Months Ended June 30—
8-15
3
Interest
Ry.
$3,931,214
385,854
118,034
$106,957
income
Net income
Net
L.
:
9-20
8-30
$595,743
$666,432
445,409
114,066
revenues—
-
taxes
9-28
12-29
$2.50
share
Hopwood, also a Shell Trading & Transport Co., Managing Directory
Jbas teen v elected a director of ^Shell Union.—V, ; 163,; p.' 2336.., I r ;,
SEC—
1946—6 Mos.—-1945
809
Operating expenses——
Cost,
(final)
(Northam)
10-
$2.50
(quar.)
additional
Operating
8-30
1-1-47
Warner & Swasey Co.—.
Warren
9-12
♦1.75
Pacific
Warner Bros. Pictures, Inc.
One
Uncollectible oper. rev-
<
Corp.
Class
has been elected Chairman of the board of Shell
to succeed Sir Frederick Godber, resigned. Frank A
;
$667,241
St. Louis, Rocky
Gooderham & Worts Ltd.—
$1' preferred
8-15
50c
Vulcan Detinning Co., common
7%
preferred (quar.)
Waite Amulet Mines, Ltd.
(quar.)....
Walker &
9-3
$3.50
(monthly)
Vogt Manufacturing
Corp.
Z Silent Bell Mines;' Inc., Spokane, WashZ ^
.
9- B
12- I
—V. 164, p. 596.
(monthly)
B
$1.06 Vt
(accum.)
-
(quar.)
Class
Operating revenues
30c
Virginia
B
8-31
-
&
Class
12- 2
Co.-___
Vlsking Corporation—
Class
A
(monthly)
Class A
(monthly)
s
London,
Oil
—
Stock Sold—Lehman
Sachs & Co. headed an invest¬
1946—Month—1945
June 30—
Period End.
9-15
(quar.)
Iron
in
Net
9-3
75c
■,
Shreveport
Common (s-a)
'5 % preferred ; (s-a)
&
v
1
Corp.—Earnings—
Rochester Telephone
Operating
(quar.)
Vicksburg
Coal
8- 9
t
9-16
50o
.
:
.
75c
preferred
Verney Corporation (Initial)
Viceroy Manufacturing Co., Ltd.
Co.
^ 9-14
9-10
'
Vapor Car Heating Co., Inc.—
7% preferred (quar.) —
- v 7%
preferred (quar.l _
Chemical
8-15
1
10-
12-16
...
Utility Equities Corp.—" '
$5.50 priority stock (accum.)
Vick
Trading)
George Legh-Jones, Managing Director of Shell Transport s
Union
"
•»
Electric
Upper Michigan Power A Light—
$3 preferred (quar.) ——^
$3 preferred (quar.)
.
-u
**
i.
25c
preferred (quar.)>^
Universal Products Co.—
New'Common
(initial)
.
*
,
.
50c
Steel
(
-
>
capital.—V. 163, p. 3423.
Corp
Vanadium-Alloys
the quarter ended' JinM
1946, amounted to $1,148,770 compared with $759,600 for the 19469*
period; for the 6 months ended June 30, 1946, $2,027,516 compare*
with $1,578,500 for 1945.
-No dividends were paid by Shell Pipe Lik#
30,
8-15
9-14
,9- 4
25C
:
Utica Knitting Co.—
5% prior preferred
-J:
9-r 2
9-14
9-
*2
25c
8%
share^_«»^.„.„—
for Shell Pipe Line Corp. for
1945
.16,957,40*
$1.2%
8-5
Quarterly
Upressit Metal Cap.
a
-J.;.■
(
1
9- 9
'
Inc.
Universal Pictures, 4*4%
y * ;
-
8-15
:
.
Match
$0.03?,
$0.55
1946
15,090,389
,. •
$1.12
,,,
jC
-
8-30
10-
10- 1
$1
$1
—
Universal
j
10c
50c
;
.1
—-
"'1.
8-30
11-39*
.
.
8,495,800
,'
I'." '■
yft'*-
8-20
12-20
.
Quarterly
•
ment
.
Laboratories,
*
8,772,460
.1,409,574
-
9-16
40c
Reclaiming -Co.—
y
8%
50c
prior '.preferred (accum.)...
United States Printing & Lithograph Co.—
Common y$1.60
5% preferred-; (quar.) —. C 62MiO
U. S. Steel Coro y common
^
; ny
*$1
"7%
preferred (quar.)_
$1.75
Universal
;1',
,
tn^c
«-31*
,
Ltd.
10,003,000
South Carolina Electric & Gas Co.—Stock to Be Dli*
tributed to GPU Common Stockholdersr—Cash Disftribu-*
banking group which sold on Aug. 9 an issue of
tion of 25 Cents Expected in December—
^
.w
420,000 shares of common stock, $1 par, at $21 a share.
See General Public Utilities Corp, above—V. 163, p, 2769.
This offering does not represent new financing for the
corporation.
Of the total offering, 400,000 shares are *
'Z Southern Bell Telephone & Telegraph Co^—Earnings--f
being sold for the account' bf Atlas CorpZ and "SO.OOO1Period End. June 30— ; > 1946—Montht-i-»1945 ,1946—6 Mos.-—1945
share iare being sold through the' exercise ^ of; optidn
Operating revenues—$12,816,788'$11,669,458 $76,185,273 $69,386,04#
Uncollectible oper. rev._
rights purchased from two officers of the company. The
24,408
16,588
129,458
,
120,063
total net Cash proceeds to be received by the corpora^ '
Operating revenues... $12,792,380 $11,652,870 $76,055,815 $69,265,988
tion from the exercise of the option rights amount to
Operating expenses
10,505,842
7,639,084 60,773,379 45,169,818
$160,000, which.will be added to the company's workingf: Operating ; taxes
—.
: /1,135,036
2,675,116
8,171,945 15,960,4*8
9-20
"
Corp.,
554,738?
1,550,000
Radio-Keith-Orpheum Corp.
Brothers and Goldman,
40c
U. 8. Rubber CO;, common (lncreased)i^u.
.8%
1st preferred (quar.)..L—
Steel
14,448,2W
8-23
1-2-47
.
United
income per
Co.
letter of notification -with the SEC
and 30,000 option warrants.
Offer¬
ing^price, -$2v a common share and one cent. a warrant,1; ; Proceeds to
provide' funds for publishing costs and other expenses and balance
added to working capital.
Not underwritten.
8-15
25c
: :xv:,y,v
U. S. Rubber
•
New Board-Chairman— «; r
The company on Aug. 1 filed a
for 65,000 shares of common stock
8-20
22 Vic
U. S. Playing Card (quar.)
Extra-
j"
„
share
per
Net income
The
Radio Best, Inc., New York—Files With
9- 6
71c
class A (quar.)
Co., common (quar.)
preferred (initial) (s-a)
Quarterly
1
Corp.-in these periods,-
<8-20;
'
(initial)
U. S. Pipe A Foundry—- *
Quarterly;• :i*■'■y
^2-j '*
Net
-
(Continued from page 832)
8-5
Lines
4»/2%
•'
i,
income
/V
9-6
>8*^.
8- 2
| 8-. 2>
General Corporation ami
Investment News
7-26
10-10
Leather Co.,
U. S.
•
1945
'
25C
Y
U. S. Hoffman Machinery Corp.— '
'* Z-.'
mon
8-15
8-14
"
6 Mos. Ended June 30— \>
>>
8-15
9* 3
..
(and
taxes
refinancing debentures (net)--,--;-.-,
Net
■
9-11:
♦2.50
U. S. Electric Light & Power Shares, Inc.
'Series B —l—
j
preferred.
3
".y'f., -t"
j.
of
S,;Net income
Less 30%
8-15
9-
'
y^^eOncoiheZIof ^f>8,495,»ifir:
9-20
-8-15
>12-20
' 8-17
!'
.
720,887'
j.
income
Federal
>•-
9-10
1 -\v-7-ir-
9- 3
200%
...
h 4 Vi %
\ *
Inc.—
...
of N.
9-
10-1
58y3C
Manufacturers,
Co.
10- 1
-$l;'
53c
dividend
Guarantee
Z'V'Z-'Z
50C
United New Jersey RR. & Canal (quar.).
United Specialties Co.
U. S.
vV r..
X 75c
,
,
estimated
Net income before other charges__-„^„^,„,.
Cost
-
8- a
; 8- 2
50c
(monthly)_
prior preferred (monthly)
preferred V( monthly)
United
t
8-13
,
prior preferred
7%
v
y
' •'
99,386,187'
in 1945 for exc. prof, taxes and renegotiation)
v
'
10,358,938
deplet., Intangible develop¬
amort, and adandonmehts
deprec.,
for
Prov.
;
.■
83,657,930
selling and general expenses
for
Interest on funded debt
,
'
•
1946
ment expenditures,
Jamaica'Income tax. v r
.
,
<
^
; -^aUBfer'j)0o)u not closed Jor thiaAJvldwid. • > •
:
tPayable In U. S. funds, less 15% Canadian non-residents' tax.
4Payable in Canadian funds, tax deductible at the source.
Non¬
resident tax 15%i-resident tax. 7%.
a Less -British income tax.
8-23
'
8-13
»%*
,6.36%
•-
.
;
'
$
105,060,215 132,888,(
and
allowances,
Costs,
9^
9- 3
8-20,
9-16
y
.
x
7-31.
.9-10
*
♦1.75
Investments,
9-16
$1.12'/ay.
.
/(monthly)#.
-J V•'
Wo
income
Rrov.
7-15
Z 8-30
25c
•50c
(quar.)
6% preferred A (quar.)____
United Grain Growers, Class A pfd. (interim)
Illuminating Co. (quar.)
United LightRailways (Del.)—
.j ;
~
•-
8-15
125c
^
United
6%
if'vw-1
'
Corporations, Xtd.—y
class A <tquar.)
Class>B
■
eXs
8-14
'
:$1.50
7.
.
9-15
■
*
-
United Electric Coal Cos. -(quar,)-.._—ZI;.-United Engineering h Foundry, common
i
-
8-16,
9- 3
;
37c
♦7.50
(accum.) w
3
■
clears All
>
ir'r
*'VV« V-
Quarter Ended June 30—
8-22 1, 7- 5
9- 3 * . 8-;9.
9-20
9- 3
25c9- 3
Common
(monthly) ■«y * * NW ■>> mi m> mm ■» mm mm —'«■* — f," ^ "V; 25c
10-l
•Wurlitzer (Rudolph) .Co.," (quar.)
i/
'20c
-.9-1
Yale & Towne Manufacturing Co._...
Zx Zl5c y 10- 1
York Knitting-Mills Ltd.. common (s-a)....
$20c
8-15:
7% list preferred (s-a)^.
$$3.50
8-15
.7% 2nd preferred (s-a)
;$$3.50
8^15
-Yellow Cab Co.' (San Erancisco)—•
"
;•
New common.
,v
-■
'
>30c
1-1-47
Youngstown Hheet & Tube (Increased quar.)
75c > 9-15
£!on's Cooperative'Mercantile Institution—
^Quarterly
—.
75c
.9-15
Quarterly
'
'75c
12-15
common
^
■
preferredZZ
United
.
,
"
'
-$3.75 preferred
.
;
7-81
-
tl.12%
^
-
8rl5
-
(Wm.) Jr. Cc.,
Wfigley
.
,
40c»
37y2C
$1.12Vi
•
13%c
,15%
v..
'•v
stock
a war*
Shell Union Oil Corp.—Earnings—
other
..
■
(F.
be
Gross sales less discounts and
(quar.)...
(Interim):
W.) Co. (quar.)
Worthington Pump & Machinery, common..
4%% convertible preferred (quar.).
4y3% convertible prior preferred (quar.).
Woolworth
executives of the company at 50 cents
used for general corporate purposes.
to
will
Proceeds
of four days following;
to employees, officers
The company also is selling 200,000
share.
a
*
'
-
8-15
~-
->
'
8-24
8-10
11^9
87 Vic
v.
1
8-15
30c
______
$3.70 preferred (quar.).
$4.50 preferred -(quaT.)
Union Oil of .California-—
8ri2.
at $5
purchase warrants
,
f- rant.
.
*"
9
17 Vic
Asbestos. &• Rubber (quar.)
Union Electric Co. of .Missouri— ^
(quar.)
8-15
62 Vac
Union
and directors
$1.12*^ y
t
are being reserved for a period
date of the registration for sale
effective
the
f-
(quar.)_
common
Co.,
shares
24,000
7-17
*
-^Ordinary
9-
11-15
quar.)....
...
8-15
^
•
8- 2
8-1
8- 9
25C
(quar.).
Pacific RR. Co.,
7% participating preferred
Westmoreland, Inc. (quar.)
8-30
25c-
(quar.)
;Tyer Rubber Co., 6% preferred...
Tyler Fixture Corp., 5&% pfd.--(quar.)
J
&
Evans
preferred to the underwriters at $10 a share and stockholders are
a
minimum of 220,000 and a maximum of 244,000 shares to
ythe underwriters at $5 a share.
Of the 244,000 shares of common
selling
8-30
8-15
y
Z 25c
$1.50
*
preferred
11-25
25C
—
Trunz, Inc.. (irreg.)
-208 South La Salle Street Corn.
$3.50
7-31
2
5%'
:
(quar.)
•
shares
of
25c 8-30
8-13
25c.
10- 1
9-14
-Weston Electrical Instrument (quar.)
40c
9-10
8-27
Weston (George) Ltd., 4'/2% pfd. (quar.)... $$l,12ya
9- 2
8-15
Westvaco Chlorine Products Corp. (quar.)
35c
8-31
8- 9
White (S. S.) Dental Manufacturing (quar.)
\ 35c
8-13
7-29
Wichita River Oil Corp. common (initial)..
25c
10-15
9-30;
Wilkes-Barre Lace Manufacturing Co...^»
25c
8-318-15
Wilson Line, Inc., 5%. 1st preferred (s-a).^v.
$2.50 >;• 8-15
- 8- 1 :
Wood Newspaper Machinery Corp., common
10c
9-1
8-20,
5% convertible preferred (quar.).
i
1;" 31 Vic - v 9-1 vy8->20
Woodall Industries,' 5% conv. pfd. (quar.31 Vic
9- 1
8-15.
Woodward Governor Co. (quar.)...^.
25c •
9- 5
8-21Woolworth (F. W.) & Co.y Ltd.—
'
9- 3
25c
(final).-
Trinity Universal Insurance (Dallas)
Quarterly «—
r
8-30
7r31
12-
5%
common..'..........^...
Coal
9-10
250
t
Truax-Traer
5
8-15
60c
(quar.]
.Company
receipts
preferred
9-
8-15
iv/ 5%
$2.50
Tokheim -Oil Tank & Pump,
(quar,)
Trane. Company,
9*
: 8-26
1
9-25
.
Tide Water Associated Oil Co.
Tobacco Securities (interim)
v
8-
'
244,000 shares
A.
'
•
preferred
-Thompson
8-29
25c
Thermatomic Carbon Co.
Western
8-15
9-13
40c
-
-
sol*
Aug. 7 filed a registration statement with the SEC
($10 par) 5% cumul. convertible preferred stock
($1 par) common stock. Underwriters are Clement
Inc., Atlanta. Company is selling the 25,000 shares)
25,000
and
• - 8-15; ;•
8- .1
r75c
8-15
-8- 1
ji'iycommon v<quar<)-11-15 ;..-.''ll-"!l -;
Common
(quar.)
■
75c 2-15-47 y 2-1.
$5 preferred A (quar.)
$1.25
8-15
8- 1
$5 preferred A (quar.)
$1.25
11-15
11- 1
$5 preferred A (quar.)
$1,25 2-15-47
2- 1
'Westinghouse Air Brake
25c
9-14
8-15
Westinghouse Electric Corp., com. (quar.).. - '
25c
8-30
8-13
8-15
9-19
50C
(guar.)"!" " " *
(s-a)
(John R.)
«
-18-22
8-22
appointed
been
company on
for
,
1
1
fe $1.75
7%
preferred
(quar.).J
West Virginia Pulp & Paper—
;
4Vi% preferred (quar.)
8-30
50c
Mfg., com. (stock dividend)
$2.40 conv. preferred (initial
quar.)
$5
9-
*
1
Z~ZZ_~
Thatcher
■
8-23
25c
.
Service
8-23
9-10
10-
406
Tennessee
Texas Public
r
v
8-15
;f|^$4 convertible preferred (quar.) __________ :
xjWcst Penn Electric Co., 6%':pfd,^qttari>-^l.>'$1.50rv;iA-15'>;y;;7-17^;
7-30
9-14
10c
Industrial
Hughes Gold Mines
Corp.
(quar.)
8-15
13c
Wesson Oil & Snowdrift-— "
The
•
8-15
8- 1
8- 1
•,' 8-31
■
12'/2C
25c
:j Wentworth Manufacturing Co., common..
$1 convertible preferred
(quar.)
8-15
9-
ZIIZZZZ
I
Oil Company
(quar.)
Super-Cold
Corporation
(initial)
Swift & Company
(quar.)
i.,
Teck
9-2
8-15
»,
has
■
Scripto, Inc., Atlanta, Ga.—Registers With SEC—
1 11-15
8-31
8-31
York
New
of the common stock, $10 par value.—
shares
registrar for 600,000
—V. 164, p. 732.
11-15
8-15
^
of
Bank
City
National
The
x''"''
8-15
2
...,.869
...
(Ed.) Schuster & Co., Inc.—Sole Registrar—
ol Rec.
"
1
12- 2
9- 3
' 12-'
5c y
Extra
9-1
'
Tampax, Inc.
$9 1 ■;
5%
8-10
-
t25c
Sun
Talon,
Tampa Electric Co.
2
♦ 20c
(quar.)_
:
International
9-
'
8-31
•
preferred (s-a)
(
$2.50
preferred (quar.).
$1.25
preferred (quar.)...Z——*——$1.25
Participating units
22VaC
Wellman Engineering Co. (quar.)
10c
8-15
^
JZZZZ
preferred
—
Sylvania
Syracuse
"
,
Holier*
When
Payable
SharB
'4v
5%
11-30
3
9-
r
$1.50
Suburban Propane Gas Corp.
Swift
8-31
;
''y;/; Per
■
Washington Railway & Electric
"y; Common
L
;
.5%
(irreg.)
participating
Extra
8-31
12-12
50C
Stromberg-Carlson Co.— .;
6Vi% preferred (final)t
Stuart
9-12
;/•
vZV:Z-.-vkZ- Rome of Comvant '
vf Reo.
9-12
-Z--ZZ—ZZZ^ZZIZ*'
(quar.)_
H outer •
Payable
_
Common
6%
When
8hart
\
THE COMMERCIAL & FINANCIAL CHRONICLE
'
for
.
(3)
funds
to
inventory,
expended
sums
businesses.
r..
The balance
of
the
^
*.
-
of such net proceeds will be added to
and used for working capital and
company
corporate purposes.
receivables and to reimburse the company
connection with the purchase of the retail
carry
in
"'
5
the general;
for general
-r
..
~
-
870
THE COMMERCIAL & FINANCIAL CHRONICLE
i
CAPITALIZATION
GIVING
EFFECT
SALE
TO
OF
COMMON
vw*
STOCK
notes
due
annually
1955
1, 1946 to Nov. 1,
Cumulative pfd. stk., $4.50
Common stock ($2 par)
■"Includes
$750,000
Nov.
Production
series
returned
that
serial
due
Nov.
1,
,
tlnclude
and
98,960
250,000
stock.
Authorized
1,750,000
shares
certificate
of
aware
'«xercit»e
of
number
for
the
10,
exercise
conversion
of
snares
of
3,000,000
shares
by
incorporation
filed
stock
amendment
the
-
certain
cumulative
common
with
1946.
of
of
increased
of
unsubscribed
respectively,
are
stock
follows:
as
the
of
to
be
<
purchased
Blyth
&
Co.,
for
the
each
of
per¬
them,
,>
9.05
Carl M. Loeb,
Rhoades <Ss Co.
1.5
4.25
Loewi
Lazard
4.25
Freres
Smith,
White,
A.
C.
&
Blair
Straus
2.70
Republic Co.,
(Inc.)
2.70
Witter
ttayden,
&
Stone
&
Hutton
First
2.70
The
2.70
Wisconsin
Company...
Graham, Parsons
Francis I.
/
Walter & Hurry__
Co.
.75
^
173,802 shares
Inc...
Co.—
;
Woodard-Elwood &
,78:
.
for
a
stock.
common
G.
Bayley will act as agent
for development of business.
The
$5
the
sale.
wlta the sec
a
to
$1,002,991
Was
'
for
$444,423,
Bales
for
78.85%
the
respective
month.
The
increase
over
or 79.56 %.
the
first
July,
of
the
current
The
New
York
1
*
of
common
1946.
stock
held
of
record
at
the
1 •
of
business
the
Accordingly,
corporation
York
including
Curb
Aug.
23,
will not. be
Aug.
©n
tho present
"ex*^ the
quoted
the
final
date
r,',
s
The stockholders win vote
into
this
corporation
Aug. 26
Stokely-Van Camp, Inc.
f
dends
f'W.
of
on
B.
stockholders
Oct.
2,
1946,
meeting.
.
instead
for
on
^
to
and
5
of
directors
the
on
He
the
declared the
at
the
■
Oct.
Oct.
2,
1,
directors
had
4;
1946,
at
?.
be
date
meeting
held
dividend
stock
commott
«
t'W
$
that
on
were
1
for
the
"<l
action
the
on
common
;
V
made
on
.
writers
Shields
are
share
A
a
Co.
i
Net
to
are
be
Oil
The
balance of
used
in
All
of
the
1,
1359,
have
the net proceeds
S
;;
*
of
New
York
has
been
All
diate
of
V.
may
be obtained
Co., paying agent, 28 Nassau St.,
at
the office
New York,
N.
of
A.
wholly
M.
A.
Haines
owned
has
been
but
elected
President
of
the
p.
for
to
Park
t
(par
each
Avenue
,
,
•
Demorest,
1946.
the
$2,127,000
in
now
are
offered
J]'
Read &
Wabash
Corp.,
-
the
be
net
■
/•'-
.
acquisition
for
the
its
'
:
In
1935
of
capital
fivst
•:*
the
hours
:-;T
from
general
r
will
be
be
will
delivered
starting in
to Honolulu
in
in
8 %
addition
.
the
hours.
fall
Thus
.
to
of
fleet
a
35
four-
•
involves
a
total
..
■■
\ expenditure
of
said.
Patterson
and cargo in order to provide spacious com¬
On night flights, United will have berth
double-deck
novel
arrangement
of
the
The
;
Mainliner
340,
United
as
Strstocruisers
time.
to
are
"
•.
will
provide
lower-deck
a
enough / to accommodate 14 passengers at a
be ^connected bx ;a circular staircase. • •
-
more.
Stracruiser
top-deck main cabin for the 55 passengers and
large
•
4;
Boeing
lounge
The; -two
/
decks/ will
be
known,
will be
powered with four Pratt & Whitney four-row 28-cylinder Wasp
Major engines of. 3,500 horsepower each.
Curtiss electric four-bladed
; reversible pitch. propellers will
be /used. ; The tricycle landing geftk
will
:
jhave^ double wheels.—V, 16^,. p. 465.
United Utilities & Specialty Corp.—10-Cent Dividend*
difectors have
The
•
^declared
a
dividend
of
10
cents
a
capital stock,
payable. Aug.- 30 to holders of record Aug.
offering see V. 163, p. 3186.
share oh the
1946. For
15,
Warner Dros/.Fictiires, Jtnc.r^-rStock Distribution—
New
Stock
York
corporation
that
Exchange has received
will be effected in the
split-up
a
notice
thib
from
stock
common
($5
par) by the distribution o» Aug. 26* 1946, of one additional share to
holders of each share of record Aug. 0, 1946.
'
i
'
The Exchange directs- that the common stock be not quoted "ex*
said distribution until Aug. 27, 1946.—V. 164, p.-55." .
'it
Wheeling & Lake Erie Ry.—Earnings—
June—
160,
1946
Gross' from
from
Gross
rafiway——
railway
Net
from
1945
1943
1944
$2,151,102 r $2,186,111
748,042
813,711
280,823
- 297,736
$2,067,797
8.709,020
13,973,149
12,220,927
13,303.893
.1,188,816
941,517
'5;729,260
4,369,873
5,556,973
1,614,503
l,823*20g
$1,790,697
398,655
—
255,990
railway.
from
Net ry.
railway*,
oper.: income...
1,831,567 ;
623,280
295,83$
Definitive Bonds Ready—
/
"The
i
eor>«
It
>
Stratocruisers will accommodate 85 or more, pator
United Air,* lines .plans .to limit them to 85 passenger l^us
Mr.
The
a
These
purposes.
•/"
v-
accommodations for 18 passengers plux 6eat8 for >20
The
outstanding.'-^-V.
v
equipment purchases
8,000 pounds of baggage
fort,
Manufacturers TYust CO-v New York, N.
T., \announces that' it
lx
prepared to exchange definitive general and refunding mortgage 2%%.
bonds, series A, due Sept. I, 1992, for temporary bohds of that issue.—
is
be used
ViT64,p*'15r.
A
"'I-1',
■
'.fvA'5-''A A -.vA,-.-
A..'
,s
Vr-y;:?
A
'
AA'-A'A'V
M
y; Wheeling Steel Corp.^P.urchase of Mingo Plant—Sate
of Portsmouth Works—Large Financing Program Con¬
templated to Modernize Properties—Quarterly Report-*
William W. Holloway,* Chairman, and Archie J. McFar^
acquired the exclusive license/
sale of the cageless tapered rolier-^type bear¬
the inventor, and associates. 1
corporation was reorganized under Section 77B of the
.
starting
a
business
new
GIVING
were
EFFECT
,
000.
airliners
United,
'*
;
the
sengers,
present name/ Corporation
CAPITALIZATION
encountered
1
TO
'
loan
agreed
to
'
•->
These pew
While
Presi dent,' in a.4etter. to -the.; stockholders, -dated.
July 31, said in part:- y--/v/J
I a n d,
in
the
PRESENT
Authorized
'.v"
stock
($5
par)_
—*
happening of certain conditions
to lend and
the
company
the corporation
develop¬
as
$47,-
Corp.
during
the
fall
was
of
obtained
1945.
,
All
\V'<
'
lies south of the Steubenville Works fhd
■
Steubenville coke • and by-product
plant, situated on the east, side of the river. • y/yy'■
The South Works property consists of approximately 160 acres of
land, three blast furnaces with a total of 68,000 tons monthly capa*,'
city, two Bessemer steel converters, numerous mill buildings, cranes
and auxiliary equipment adapted to steel production.
This property
has about 5.0CO feet of river frontage with two river docks for material handling by the corporation's fleet of tow boats and barges.
The
is
tl98,853shs.
stock.
Steel
purchase were completed and title acquired on July 3. 1946.
'Privately owned residential properties within the boundaries of the
plant).
Outstanding
treasury
Carnegie-Illinois
of
Mingo plant property were-also acquired from individual home 'owners*
providing a plant site free from obstructions interfering with
contemplated expansion and improvements of the South Works (Mingq
FINANCING
additional
the
thus
*$580,000
an
option (o purchase the MingcT plant for $2,500,000
details
Bank of Manhattan Co. has
intends to borrow
(Including. 72 shares held by
'
■
250,000 shs.
An
from
'
period, but by 1937 the corporation had a commercially market¬
bearings. Operations prior to 1941 were unprofitable.
Corporation now considers the manufacture of the "all rolls" design
tapered roller bearing as its principal business.
V
*On the
67%-ton
Seattle
approximately.$55,000,000.„•>-'•*•7
City—Bond¬
corporate
of
Francisco
San
Stratocruisers
next'year.
-
stock of Trans¬
(par $5) at $9 per share.
the
*
five-mile-a-minute Douglas Mainliner 300's on which the
company is beginning to take delivery next month; to 25 four-engined
four-mile-a-minute Douglas Mainliner 230's which it has Just placed in
service, and to a. fleet of 50 new-type. twin-dnglned 300-mile-an-hour
Martin Mainliner/ 303's which: it has; pn; order for vdeUvery starting %
bondholders; headed
speculation^
Order—
■■
340-mlle-an-hour
Aircraft Co.
and
United's
.
mortgage
.
of
15%- hours.
$10) of
share of 414%
shares
,
engined
able line of roller
Common
:
,
ment
■
331,547
:'.$176,«^8
they. will make possible an elapsed time of approximately 17% hours,
including layover time at San Francisco, all the way from the Atlantic
Coast to-the Hawaiian Islands.
Elapsed time from Chicago to Ban
Francisco win be 6% hours, and irom Chicago to Honolulu about
'
1941, Russell Colgate and/or Oliver G.
Jennings, his estate and family, supplied to the corporation approxi¬
mately $2,000,000 of working capital which w,as used to finance the
operation
and
development of the corporation.
Various difficulties
:
^58,000
$229,337
*$108,999
&
the
in
65,000
1947, Mr, Patterson saidx Under their speed, they will be able
fly non-stop from New York to Ban Francisco in approximately
8%
■
:
National Bankruptcy Act. In 1940 Russell
Colgate purchased hte inter-;;
est of the Olgiver G.
Jennings' estate and of his family.- > M:' i.
Between the years 1929 and
inherent
6,681
/.
the Boeing
to
BUSINESS—Corporation was incorporated in Delaware, £
1929, as Tyson Roller Bearing Corp., and en June 11, 1943,
15,
*$22,483
•
of
provisions of the merger
Transwestern Oil Co.' has
the greater part of the proceeds wih
equipment and machine tools.:
of
{•/Cr677,000
.
proceeds,, together with other funds of ..the
available
•
-
9,704
-Seven
-
j
mortgage bonds
as n
"1
-
'$579,919;;
by
proposal to extend the matur¬
mortgage and second mortgage bonds,
May 30,~ 1946, there were $4,810,600 first
stock
common
,.
,
$899,900
32,563
80,00p
'
89,107
62,000
12,645
Cr204,086(
_)
164,, p. 508; V. 163, p. 1616.
Hawaii.
be-
company's
second
*$634,891
*$213,925
United Air Lines, Inc.—Places Large
first
of
1,200
-
.
An$ll,000,000 orderfora fleet of four-englned. double-deck Boeing
was announced
on Aug.
6 by United Air Lines through
W. A. Patterson,, President, who said the mammoth planes will introi- ;
duce revolutionary features of luxury and speed both on
United's f
system within this country and on its- newly-authorized route to
Of
on
478,879 ^
1,200
584,247;
<
Stratocruiser6
President of Wm. A. White & Sons, has been
May 30, 1946, there were $4,810,600 first
As
146*305/7* 714,797
- f
Underwriters
,
block-front
'
(tv
,
with
10
the
represent
734.
independently operated subsidiary, succeeding
Parker, who is retiring because of ill health.—V. 164, p. 150.
easterly
structure
intended that
RFC
Curtis
the
ings from Frank Tyson,
733.,
Sylvania Electric Products, Inc.—New Pres. of Unit—
ft
,
1943
$5,686,452
4,626,454
compdny oh Aug. 1- filed -a letter of 'notification with the SEC
shares of common stock.
Offering price is $25 a share.
are Harriftian Ripley & Co.,- Inc.,
Boston.
Proceeds are
for working capital.
for
that
will
March
registrar
164, p:
Dillon,
Y.—V. 164,
"*0alfendar Tears—
The
1%
new
Net
HISTORY
outstanding 3%% debentures due Nov. 1, 1956, have been
redemption on Sept. 7, 1946, at 104% and interest.
Imme¬
full
of
"
2445.
for
the
for
payment in
Into
shares
new
stock
presently
Superior Oil Co. (Calif.)—Calls 3%% Debentures— i
called
2%
for the manufacture and
appointed
stock, series A. See also
Into
.
accordance
stock
PURPOSE—-The
.
" "
The Guaranty Trust Co. of New
for 4%% cumulative preferred
in
poration,
V./'.-./i/.r?:-'-
••
•
convertible
now
air-conditioned
,
outstanding
15, 1946.
As
securities
trustee, 140 Broadway, New York,
Registrar Appointed—
of
J.
shares of
164, p. 15.
York,
7,500
7,500
:
Net ry. oper. income
will
15-year 3%% sinking fund debentures, due
been called for redemption on
Sept. 3, next, at
Immediate payment in full may be obtained at" the
Guaranty Trust Co.
N. Y.\
' •- .v'/•..'•••"
is
Tyson Bearing: Corp., Massillon, Ohio—Stock Offered
—Walston, Hoffman &r Goodwin, Holt, Collins & Ede
and Hopkins, Harbach &
Co., on July 26 offered 30,000
to
outstanding
and interest.
15,000
...
Tyer Rubber Co., Andover, Mass.—Files With SEC—
to the Monsanto Chemical .Oo^ one of
of chemicals
and
plastics, three entire
the
,
its
assumed
105%
sold
prof, tax (net) j
exc.
♦Loss.-r-V.
(stated
the new
Co.> held of record
15,
Dec.
Underpart
said
mortgage and
Sunray Oil Corp.—Calls 3%% Debentures—
June
of
completely
the
(f
Supreme Court
of
P.
19,000 shares of outstanding $4,50
preferred stock, series A,
2,050 at the sinking fund redemption
price of $103.50 and the remain¬
ing 17,950 at the optional redemption price of $106.50 a
share, plus
accrued dividends in each case.
be added to general
funds.—V.
result
a
on
capital
of
Dec.
York
registration statement with the SEC
proceeds
which
convertible
J*r"''
and
books
due
' 'C
redeem
*
of
by William
that
K
sinking fund debentures due Aug. l, 1966.
&
as
in
feet
committee
-
due
Sun Chemical Corp., New
York—Registers With SEC
filed
be
Two Park Avenue Building, Inc., N. Y.
holders Protective Committee Formed—
t.
The company on JulySl
for $4,000,000 23A%
„
,
—
May 31,'46
1945
' 1
1944
- $610,028
$5,223,455 '$8,579,189
677,749
5,142,349
7,093,843
..Net indome'
pat
See Transwestern Oii Co. above.—V. 164,
p. 16.
The company on July 31 filed a letter of.
notification with the SEC
for 30,000 shares mo
par) common stock.
Offering price, $10 a share.
Proceeds are for operating expenses.
Not Underwritten.
:
•
Li>w--v.il
$ Mos. End.
deductions
which
($5
Transwestern Royalty Co.—Formed—Rights Issued—
Strong Manufacturing Co., Sebring, Ohio—Files With
SEC—
of
on
the meeting of directors to be held
On Sept. 20, 1945, and Sept. 20,
{ ?
,
value,
par
1,500,000 shares
Streets*. New -Yorkj-N.
%■:;.
tenth and eleventh ;• floors, «ompri$lng ^ a.-total ;«f about
2,
share
ity
f
'
to
rights oh the Exchange and transactions in said stock to and Includfng Aug. 2, 1946, have continued to be made on a "rights on" basis.—
V.- 164,. p. 734.
of 25 cents per share
1946, to holders of
recommended
goods
normal tax
Fed.
on the permanent closing of the stock
company on Aug. 2, 1946,: has been offered as
part oLthe conSideration for the purchase of the royalty interestSi ^/
/ Although the subscription rights will
expire on Oct. 10, 1946, the
capital stock of Transwestern Oil Co. has not been quoted "ex" these
-
regular quartely cash
a
issue.—V. 164, p. 464.
* **!■/ «
fV t'WSi
£
<r
regular
,
following the stockholders' meeting.
1944, distributions, of 10% each in
;
will
of
Federal
.7
57th
l\i
Aug.
record
meeting held oh Aug. 5 the
payable
-
that
on
directors'
&
stock,
1946.
stated
taken
be
the
1946,
regular quarterly dividend
preference
inauguration of
stock
18,
directors
number
-
•
stock
will
producers
and
square
western
T.
„
prior
also
M.
'
announced that the
of
9
record Sept. 19,
'
Aug. 6
election
Sept.
Mr. Stokely stated .that
T
and
of
ene
—
cn
the
•?
•
disc. etc.
Income
'
,
been converted into 7/10ths of a
cumulative preferred
stock, series A (par $100) of Sunray Oil CorpV"v"
-!■
:
;
' v: *• r
In order to acquire all of the oil and gas
royalty interests and the
Overriding royalty interests owned by Transwestern Oil Co. on the
effective date of the agreement of merger a new corporation known
as Transwestern
Royalty Co. has been formed.
Rights to subscribe for the entire capital stock (par $10) of Trans- '
western Royalty Co. at the price of $12 per share and at the
fate of
common
To Inaugurate Cash'Divi¬
Common Stock—Meeting Date Changed—
Stokely, Jr., President,
common
follows;/
as
No. of She. ■;
Operating profit
'
Flans
—
company on July 29 filed a ietter of notification With the SEC
25,000 shares (no par) common non-assessable stock to be offered
each
approving a merger with and
on
Slater-Cater-Stevens, - Inc., (Del.)
•jptevens. & Sons Co. (Mass.);
See also V. 164, p" 597.
of the underwriters and - the
j.
The New York Curb Exchange has been .notified that the haerger of
company with and into Sunray Oil Corp. has become effective
as
Merger—
of
l'
less
geUH &;adm.» expsr
for doubtful accts,
PreV.
this
trading therein on the
^York Curb Exchange, will continue to be made on a "'distribution
■©ft" oasis. see also V,
164, p. 733.
"
on
Cost
aell^
Transwestern Oil Co.—Merger Effective—
for
(J. P.) Stevens & Co., Inc.—To Vote
.
,
,
■1v• y-.x ****^
without
outstanding,
has leased
Rangely field.
12.
distribution
Exchange, and transactions in said stock
1946,
.
-
r-
Gr, Sales,
by the directors of the corporation.
Offering price, $1 a share.
Proceeds are to be Used to drill 19 shallow "wells on leases held in
<
-M
the
of
New
.
names
purchased by each are
.*
•-
r
share
per
Topside Oil €orp.> Denver, €old.-*-FiIeg Wftli SEC—
/'> It is expected that the splitup common stock Of this
corporation will
he admitted to
dealings on the New York Stock Exchange at the opening of business on Aug* 26, 1946. >
stock
cents
The
by
for
*
close
stock
construction
»T "
-v>L
Curb
••
35
building, scheduled for completion on
May 1, 1947, will be occupied by the New York district sales office
of
the Monsanto company,
now
located at 30 Rockefeller Flaza,—
¥*164, p. 465.
:U,/;w4
Exchange has received notice from this corporation that its common
stock, par value $1; will be split-up on the
toasis of two shares for one
by the distribution on Aug. ■ 23
1946 of
one additional share
of Gommon stock,
par value $1, for each share
,
stock
21-story,
ninth,
46,500
V
year -exceeded
those for the corresponding period of 1945.
Exchange Ruling—
shares,
750,000
presently
preference
major
the
56th
The
1945,
-
months
seven
of
Each share of the present stock without par value
company
of
tween
,
July, 1946, is the fifth consecutive month ih which sales were over
$1,000,000 and the tenth consecutive month in which sales readied a
peak
from
common
in
course
/
new
be
SUMMARY OF EARNINGS
take action upon a proposal to increase the authorized
are
common
floors
1946—7 Mos.—1945
$6,918,681. $3,868,408
$558,568
ahd
America's
used
vi,
.
1946-Month—1945
of
This
share.
be
Sterchi Bros. Stores, Inc<—July Sales
HigherJuly 31—
to
Walston,- Hoffmaft & Goodwin
Holt, Collins & Ede
Hopkins, • Harbach &
split-up. :;Thus there will
be no
change in the proportionate interest of either class of stock. It is also proposed that the name of the company be changed to
Thatcher Glass Manufacturing Go., Inc.—V.-164, pp. 734 and; 324; 1 v
-
period End.
Net sales
dividend
a
Tishman Realty & Construction Co.-r-New Lease—
Proceeds
.
declared
6
■*'' ^*7v>
convertible
par
,
Offering price, 25 cents
in
Aug.
ri
stock
share).
shares
"
100,000 shares of
shares
f
special meeting of stockholders has been bailed for Atig; "29, 1946,
per
Spokane Molybdenum Mines, Inc., Spokane, Wash.***
Luke
.
UNDERWRITERS--The
:r
proceeds
Net
value, $10- per share), would be changed into two shares of
common stock having a par value Of $5 per share.
y
letter of notittcition
of
the
Not more that $45,000 of the proceeds of the RFC loan are to be
applied to the purchase price of new machine tools, and the balance
of the proceeds are to be used for operating expenses of the corpora*
-tiott.
»Of
be used for
on
;r
*
common
•
•
a
„
A
Spiegel, Inc.—July Sales Rose 66,73%—
•
as
Thatcher Manufacturing Co., Elmlra, N. Y.
Stock Sipltt^U^ and Change m Name—,"
"
Period End, July 31^ w > 1948—M0hth-*--1945 1 194&—7
Mos.—1948
Consolidated net sales..
$6,621,101
$3,971,246 $51,334,659 $33,969,038
,
and the/
date of the note,
date
ment.
shares of the issued and outstanding
are also selling to Hallgarten
& Co.,
18,000
,
to consider
Co..—
Co.,
&
,•
the
monthly payments
'
of
.75
&
from
years
such
.
7%
first
preferred stock,
payable Sept.
14 to holders of
Aug. 26. This compares With $1.40 paid on June 15, last, and
'35 -cents on March 15, 1946i
•
,*
■
' - ■'
, v
Payments -during' 1945 were as' follows! March 15, June 15 and
Sept. 15, 35 cents each;'and; -Dec. 15, $2.45.—V; 163, p.-828;; ;\'
:>
Files With SEC—
to
$425,000 of the proceed^ of the RFC. loan were, applied oh July 15,
1946, to. the payment of. notes in the unpaid principal .amount of
$425,000, being all of the notes outstanding under a "V-Loan'! agree¬
'
directors
.75
Brothers
the
year from
the note, provided
corporation agrees to
pay on the note on or before March 1, 1947, and annually thereafter,
an amount, if any, by which 50 % of the
corporation's net earnings for
the calendar year preceding the due date of such payments exceeds
the aggregate of the monthly payments made during such calendar
record
.75
Northwest
Minton
,
before
or
the
on
.75
Pacific
Sills,
1.5
$360
common.
.75
Stern
*•' The
company on Aug. 2 filed
plus
.75
1.5
r-V* 164, p. 733,
to
jL
1.5
_
$1,500,
The
,75
.75
& Co.—
Doolittle, Schoellkopf & Co,
—-V. 164, p. 733.
purchase
owned by them.
options
Mullaney, Ross <& Co.......
1.5
on
addition
in
'
.75
Brothers
Font & Co...
du
10
that
Telephone Bond & Share Co.—35-Cent Distribution—
Miller Kenower & Co._.
1.5
one
balance
1.5
Co...-..;,..,75
Holley, Dayton & Gernon.i!^ .75
Julien Collins & Company..
.75
2.70
Wellington & Co.—.
monthly,"^ commencing
..
Hill Richards &
P. S. Moseley &
Bacon, Whipple & Co...—
First California Co. Inc...*-
1.5
Blosser
Securities
July 1, .1946, the
agreed to purchase on 10 days' written demand by Bank of the Man¬
hattan Co., a deferred participation of 80% in the amount due on the
loan, The loan is evidenced by a note dated July 1, 1946, bearing'in-;
terest at the rate of 4% per annum, payable at the rate of $5,787.04
for the sale of the company's
Increasing working capital, with a view
to entering the Frequency Modulation and Television fields at an ad¬
vantageous time.
;
1.5«
Chicago
: v
recalled to work following
been
Co.
75,000 shares will
1.5
,
Inc.
& Company
Fred W. Fairman & Co...__
2.70
-
Co.
&
outstanding
CO.
Buckley
Co.2.70
Co
&
&
Dempsey
Hemphill, Noyes & Co.2.70
Higginson Corp.«i„_.L._
2.70
E.
&
Bingham
■;
;:;
Lee
W.
&
Sutro
2.70
.f:2.70
Co.-
Murch & Co...
Pierce
for
1.5
_
Piper, Jaffray & Hopwood..
Inc....
&
& Co.
Rauscher
and Co.,
Co., Inc.
Central
Company..
Maynard H,
Barney & Co
4.25
Weld & Co.U.Li^i''*■4.25
Allyn
Dean
4.25
Co.
Illinois
7 RFC -LOAN—-Pursuant to a credit agreement. dated
President,
Russ,
They
contribution toward the expenses of issu¬
ance, options to purchase an additional 18,000 shares of the issued and
1.5
The
employees have
common
1.5
Kebbon, McCormick & Co...
4.25
Nash
210,000
rant
Hallgarten & Co._.___j
Kidder, Peabody & Co.-i^
Ladenburg, Thalmann & Co.
by
Corporation borrowed $580,000 from Bank of the Manhattan Co. on July
11, 1946, and may borrow an additional $45,000. By a participation
agreement dated July 10, 1946, Reconstruction Finance Corporation
this corporation has
the plant of
at
announcement
the
1 filed a registration statement with the SEC
shares of common stock (par 50 cents). Underwriters are
Company is offering 75,000 of the shares and 11 stock¬
holders are selling the other 135,000 issued and outstanding shares,
for their own account.
Offering price. $6.75 a share. Selling stock¬
holders are also selling to the underwriters at 7 cents per option, war¬
upon
4.25
r;
_»
airplanes
with
The company on Aug.
^
Inc
light
normal
Tele-Tone Radio Corp., N. Y.—Registers With SEC--^
.:
■
v;
Glore, Forgan & Co._
all
Hirsch
and
by
Del¬
,
1946
M /
-
,
from
of
i;
*
«
underwriters
to
Monday, August 12, 1946
"
company's
shares issued Subsequent' to April 30,
options and the 263,0^7 shares now offered.
hames
V'*
f
,
preferred
to the
>,,
*
,
options
Secretary of State
13,090
tINDERWRITERS-—The'
centages
for
reserved
reserved
to
May
on
^Includes
:
shares
shares
V>:»
cutback caused by the nonarrival of
Mr. Russ stated that Taylorcraft
1946 and carried"
on
the company's books as a current liability. On
July 3, 1946, short
term loans from banks
aggregated $6,050,000.
*
•
X
>,
notes
V
.
a two-weeks'
aircraft engines.
v
•
had been assured by Continentals
Motors, makers of Taylorcraft power units, of sufficient engines to
keep pace with Taylorcraft's sfcepped-up output of planes.
Return to
work of the temorarily idle workers sent the employment level at the
plant to its pre^cutback mark of 2,300. ,
"
a
- '*'•
Immediate goal Is the production of 1,000 Tayloircrafts per month
ift the nekr future.'—V. 164, p. 323.
■
V;'' 3,000,000 shs.
2%%
of
,
$7,500,000
*$7,500,000
100,000 shs.
100,000 shs.
tl,578,226 shs;
_
conv.
Ooustanding
•
'■
Taylorcraft Aviation Corp.—Production Again Normal
.
serial
Authorized
'
.
2% %
'.'.li.
'
■
South
diagonally-
.
Works property
opposite"
the
East
\\ V-;'A
::^ux
"*■ *' '
:
,'i
■■U'
'l'\i'if
Volume 164
Number 4515
v*-f
The
,
complete,
thus
Coke
creating
Works
well
a
and
South
balanced
Works
and
will
become
not
newly
plus
shall
Upon
Corp,, requires th?fc Wheeling Steel, for
roll
sheets lor
the
new
at
owners
location
for
this
greatly
thereby
within
CONSOLIDATED
Period End. June 30—
Gross sales,
•
■/-
prod.
&
maint.
.
37,837,194
4,861,277
;1,$16,177
1,641,091
2,782,585
3,167.913
1,323,529
2,894,330
fri
oper.
!
162,518
$1,966,223
356,292
" 207,349
207,439
call
H
$7,717,123
unsatisfied
$2,322,515
?86-000
592.030
•
Net
profit
Earns,
per
®wo°
&
_____
com.
by
distributidn
accorded
for
that
the
debtor's
portion
1,576.000
of
the
debtor's
and
The
that
refunding
new
and
of
off the
and
for
first
and
stock
for
thereof
and
would
not
be
refunding
77.572%
mort¬
of equip¬
and
Co.
and
satisfied.Holders
the
of
the
$1,131;710
$1,102,921
$2,333,591
v..
Holders of • the; debtor's
outstanding bonds
operating" charges
and/strike expenses,
tApplicable to $30,000,000
tExclusive of those included in cost of
sales.
Series J3t 3ft%
>
bonds redeemed. May 3, 1945., : f
NOTES- The plants of the corporation were,
completely idle from
Jan. 21. 1946 to Feb. 18.
1946, due to the general strike of steelworkers
called by the United Steel
Workers of America (C.I.O.) and some
operating units were idle during April and
May due to the shortage of
toal caused by the strike
of coal miners which closed all coal mines "v
«f the Corporation.
r y!
■> -* ■ :«
v
principal amount}, approximately
new securities and cash:;
1st mtge.
would' receive
the
following
Gen. mtge.
Cash
1st
1st & ref. 4 %
bonds
bonds
$190.00
bonds
Sup. & Dul. bonds
gen.
$450.00
-;
.
The. interests
on
entitled
to
♦Orders
-
of
or
New
with
York,
its
,
(1):
holders
preference
of
is
Inc.,
cable.
operating
an
and
The Consolidated
holding company
subsidiaries
of the
names
several principal underwriter?
them respectively, are as fol*» y
& Co._
Corporatipn
——-
—
-
$3,000,000
3,000,000
-
—-
booked
3.Q00,QQ<>
not
included
1945
1946.
during 9 months
orders
in
sales——
$28,559,122 $22,620,873
20,028,275
17,695,672
Completed sales
-v 15.9'7R.oi 4
Earfcly ; completed; contracts^-—7,265,434
Neb
each
sales
•
'■ 24.098.366J
5,950,977
$23,241,448 $30,049,34$
—
profit
3.64Q,193
,1,669,290
vReserve.foFestimated, taxesru-j-—-}i-_^——--,
.'
Prov.. for war and postwar contingencies^-—.;';
of
878,228
2,657,000
4,—150,000
-Net profit
per sharo
$833,193
$791,062
Earned
983.14
$0.85
...
$0.9Q
♦Does
not
include
approximately $15,000,000 of orders on hand
30, 1946 (1) from distributors, and (2) for accessory equipment,
supplies and service which are Lot recorded until shipped. Comparable
figure for June ?0, 1945 not
available,, but estimated to be a much
June
claims
oyer« the
of
underground
qf
several amounts purchased by
♦Uncompleted
1,018.99
1,171.34
1,171.34
equities
priority,
of
four sub-stations and a trans¬
approximately 1,600 miles of over¬
owns
system
miles
Yorl^ Corp.^-Earnings—
'
Total
•
1,018.99
—
together with other funds of
principal amount, $9,515,000,
9 Monthe Ended June 38-^
$1,240.00
1st & ref. 5% bonds
debtor
V
stock
$983.14
,
the
of
Com.
$600.00
_
bonds
for
used
be
102%
>
debtor's
amounts
b#
v >
Stone 6s Webstex Seeurjytiee •CorporatlQhu-»—--.w—••
—V. 1Q4, p. 598.
,
'
bonds would receive new common
claims,; and the remainder thereof w.Quld.
$1,000
guaranteed un¬
are
Scries due 1950.
Companyalso
500
The First Boston
4%
bonds
claims, and the
will
at
distribution
Morgan Stanley
purpose.
Total
$1,080,266
share_
sale
redeem
debentures,
and
together
in
mortgage
of their
They
supplies electric service in Man¬
hattan, the Bronx, Brooklyn, parts of Queens and in Westchester
County; gas service in Manhattan, the Bronx, parts of Queens and in
Westchester County; and steam service in a part of. Manhattan.
refunding mortgage 6%
of their
the
to
System.
wire
Edison
first
debtor's
7.7.572%
100.22499.
Aug.
may be redeemed at the option of the company, in
part, on any date prior to maturity on at least 30 days
prices ranging from 103 y*# to 100%.
;V;?•/;
at
mission
their
common
awarded to the bankers
in
or
Edison
head
one
company
at
debentures due July 1, 1976
were
Incorporated in New York, the company is an operating publie
utility company engaged in the generation, purchase and sale of elec»
trie current in the city of Yonkers, Westchester County, N. Y. ' Tha.
territory served comprises approximately 18 square miles and con¬
tained in 1940 a population of 143,000 persons.
The Glenwood plant
owned by the Yonkers
company, is operated as part of the Consolidated.
for fixed
the future
(charged out cur¬
equipment
the
\
Of¬
to payment of principal and interest
UNDERWRITERS—The
for
one
735.
p.
debentures
whole
notice
refunding
iix respect
of
as
from
company
12-year 3%%
1
receive new
stock
'
taxes, labor, other
first
their claim
of
or
one
any
Co., Inc., 101.06.
Proceeds
the
general mortgage bondholders,
of the new bonds.
The same
property replacements out of earnings
depreciation), with cash earmarked for that
remainder
,first
959,000
and
satisfied,.
.Holders
-w®
•'
be
for ^15.323%
cash
2,096,187
"
■
(est.)
first
debtor's
164,
The bonds
their bid
on
&
bonds
first-mortgage
'
the
by
secured
-
(
that
bonds
Five other bids, each naming a 2%% coupon, were received at tha
sale.
They were: Merrill Lynch, Pierce, Fenner & Beane, and Kidder,
Peabody & Co., 102.4411; Halsey, Stuart & Co., Inc., 102.0699; Shields
& Co.
and White,
Weld & Co.,
102.0395; Lehman Bros., Harrlman,
Ripley & Co., Inc. and Union Securities Corp., 101.16977; and Blyth
general mortgage bonds would receive
claims, new first-mortgage
bonds
for
36.290%, and; new general-mortgage bonds for 48.387% of their claims.
Holders of Superior and Duluth bonds would receive new common
stock for 58.174%
of their claims, and the remainder thereof would
$8,117v808
428,594
as
Holders
would
takes
the
make
rently
,.
304,531
.
of
outstanding
Consolidated Edison, Co. of New York,; Inc.
25,013,436
bonds.
the court hold
would
could
400,685
S,096,187
—
remainder
contingent-interest
new
bondholders
not be
premium
The
plan.—V.
conditionally
$47,175,664
——
unsatisfied with bonds.
Property replacement funds,
property, would be created, so
exp.
bonds
tUnamort.
on
6
545,319
-—i.,:.-
the
100%%.
ment
disc.
disc.,
114,621
: $5,220,428
$2,073,705
includ.
89,122
.
be
treatment
538.284
$5,013,079
1.99,601
income
Amountsj
$709,378
75-year bonds,—,—12,118,200
•
over
offered $9,000,000 2%%
Require.
$24,095
373,386
bonds
not
Corp. and Stone & Webster Securities Corp, on Aug. 7
and
capitalization
recommended
The
-
in
but
present mortgages,
(2) general creditors of the debtor,
holders of the debtor's
preferred and common stock are
have no value and no provision is made for their participa*
fered—Morgan Stanley & Co. together with First Boston
to fill out the claims of the debtor's first
gage
454,731
-
$1,874^104
«-jrat*3o;
ww
Yonkers Electric Eight & Power Co.—Debentures
;
constitutes a first lien on all or a portion of the debtor's
equipment.
Should the court so,hold, provision is made for the issue
of preferred stock in place of common
stock, in an amount sufficient
2,61.9,550
2?3,115
68,022.
tion
1
——""B,334,650
undisturbed.
remaining
.
inc.
aegte.
W&f
the
(3)-
found to
were
<■
,
mortgage
5.511,752
amort.
dbtful.
—
•
$22,162,228 t$l,050,064s
equipment should
57,350,423
2,905,471
1__
,
S"•
•
and
■
-
30,637,885
Other ,ihcome
;
•
:
(undisturbed)-,-^---^
50-year
,
1946—6 Mos.—1945
*
231,199
and
'
2,694,139
than
/>'' Gross prof.
'
:v.v.
which
plant
,
i .•>'
of
more
tin addition, rent for leased roads and equipment would be ap¬
proximately $60,000.
'
0
.
• •>
The first-mortgage bonds
(other than undisturbed Marshfield and
South Eastern bonds) would bear contingent interest, which would
"be fuljy cumulative.
The general mortgage bonds also would bear
contingent interest, cumulative up to a maximum of
131/2%.
The
common stock -would, be of
no par
value, but with a stated value
of $100 per share.
Provision is made for the allocation of the top ranking new se¬
curities as between first liens on fixed property and
first liens on
made
22,157,422
;*
lot.. chgs.,
ACCOUNT
.
adminis.
other
Gross
1945.
capitalization
left
be
would
.
1,532,689
and
for
production
chgs.
expenses*
?xov.
of
porgram.
SOld__
denr.,
ahd;. depletion
tTaxee.
INCOME
'
V-.W
871,
creditors,
re-,
•Includes $246,000 Marshfield and South Eastern fixed-interest bonds
$29,973,752 $41,883,292 $50,910,961 $77,067,563
of
for
gen.
cost
a
Total
to
the
to finance the con¬
the directors and management
1946—3 Mos.—1945
discts., ret.
and allowances
Pell.,
that
of
326.
Common; stock (no par)
■>.{
necessary
thoroughly Justifies such
'
'Cost
operations
p.
>v...1. * ...• u..y
Total debt
most
by
decreased
1946.
107,264
i
Prov,
July 1,
as follows:
General mortgage 4%%
period of three
a
,
Repairs
consummated July- 1,
$3,000,000 which has been charged to
the above reported earnings which,
the
productive unit is provided.
financing and construction as
templated program is fully realized
but, in their opinion, the
,
of
164,
of
First-mortgage 4%
Wheeling district
highly efficient major steel producing plants in the
country, with an ingot capacity in excess of
2,000,000 tons, and ability
n a most favorable position in a highly competitive industry.
The large amount of
additional lunds
possible
results
f"'■
Equipment; obligations
particular
completion
of
the
required
the corporation should possess
the
of
one
plant,
upon
Annual
Portsmouth Steel Corp. for the sura of
$3,800,000
of
inventories
and
working
capital
amounting
to
The contract ppvering'the sale of the
plant to the, Ports¬
permanent
planned,
as
charges aro
Steubenville Works,
Also by terms of the
contract Wheeling Steel will purchase from it a
substantial tonnage of
semi-finished steel for the next three years
reserves the
right, by lease, to continue temporarily manufactur¬
ing range boilers in the
range boiler department at' Portsmouth until
•
the
1946.—V.
3
computed
and
a
in
.*
effect
Under the
plan of reorganization recommended by the examiners
1 the new capitalization of the road would be approximately
$47,175,664.
The- present capitalization
is $71,860,578,
exclusive
of
$18,088,440 accrued and unpaid interest on funded debt. Claims are
value
mouth Steel
years
Portsmouth
no
formed
the
.
Aug.
.
$8,200,000.
>'
r
•••-.»
Wisconsin Central Ry.—Proposed Reorganization—
plant,'
for
the
integrated unit
production of the light steels in which the
corporation specializes,.
A contract has been
made with Koppers
Company for construction
of 106 additional coke ovens at
East Steubenville to supply the South
Works blast furnaces and
expand facilities for the recovery of by¬
products,
.
-i- ,< J
-:l;rV .'v
Pn July 1,- 1946, the sale of the Portsmouth
plant', 'including 'the
Emperor CoaL Co., Of Freeburn,
Ky., was effected, title passing to
the
material
•"*:
one
highly
the
of
loss of approximately
a
surplus and has
however, include
furnaces and necessary
rolling mills will;be built at South Works.
Through inter-connection by private rail the Steubenville
Works, East
Steubenville
sale
suited In.
definitely, because plans are not
probable that} at least six open, hearth
it .is -quite
V/
•w*...
THE COMMERCIAL & FINANCIAL CHRONICLE,
.Over the next several ye&rs it is expected that .modernization of
tne South Works will
involve an expenditure of more than $50,000,000..
Although it "is too early to state
wholly
Vft t.''*• •>•. •>
ngainsfc the
claims of, general
smallei; Amount.—V. 163,
p.'3002. %
•
.'*
*.- *
'
,
State and City Department
BOND PROPOSALS AND NEGOTIATIONS
ARIZONA
California Toll Bridge Authority,
Calif.
Los
San Bernardino County Sch. Dists.
Angeles County Sch. Dists.
(P.O. Los Arigeles), Calif*
(P. Q. San Bernardino); Calif. '
Bond Call—The fiscal
Bond Offering—J. F. Moroney,
:
agent of
Bond- Offering—Harry D. Alli¬
; WAmnt CaU-8-Elton S. Bryant, the Authority, the American Trust County Clerk, will receive sealed son; County Clerk, will receive
County } Treasurer, will call for Co., San Francisco, calls for pay-? bids until 10 a.m. on Aug.13 for sealed bids until 11 a.m. on Aug.
payment, warrants registered on ment .on Sept. 1, from the mini¬ the purchase of the following 19 for the purchase of the follow¬
mum
or. before
Sinking Fund and excess school bonds, not exceeding 5% ing ' school bonds amounting to
July 27, 1946. ~ Interest:
moneys in .the Reserve Fund, $3,- interest:
peases on date called.
$760,000, not exceeding 5 % inter¬
028,000 principal amount of the $860,000
Compton
Union
High est:
Yavapai County Sch. Dist, No* 1
above Authority's San; FranciscoSchool District bonds.
Due $600,000
Victor
Valley
Union
(P> O. Prescott), Ariz*
Oakland Bay Toll bridge sinking
Aug. 1, as follows i $45,000 in
High School District bonds.
Bonds
Called <— William
T. fund revenue
1947 to 1964, and $50,000 in
bonds due Sept. 1,
Due. $30,000 Sept. 1, 1947 to
Brooks, State Treasurer, has an¬ 1962;
Said bonds will be re¬
1965.
1966.
Gila
'
County Nigh School District
JVo« 1 (P. O. Globe), Ariz*
Hannaford
&
Talbot,,
of .San
Francisco, as 2%s, at. a price Pf >
100.011, a basis of about 2.746%* ,.*
Dated July 1, 1946.
Denomina¬
tion $1,000 one for $800.
These
bonds are due on July 1, in 1947
to 1951.
Yolo
4%
bonds
Nos.
61
deemed
to 220 amounting to
$160,000, are
called for payinent on
103 % %
on
125,000
Compton Junior College District bonds. Due Aug.
Sept. 6, at plus interest thereon due on that
•. 1, as. follows:
$10,000 in 1947
the face amount thereof and ac¬
date.
; to 1958, and $5,000 in 1959.
crued interest, being the bonds
Said bonds
Dated. Aug. J, 1946, > Denomina¬
hereby called must
outstanding on April 15, 1946, of be surrendered on
said redemp¬ tion $1,000. Rate of interest to be
an
original
issue
of
$220,000. tion date with all interest
Princi¬
coupons in multiples of % of 1 %,
Dated July 1, 1938.
These bonds
maturing pn of subsequent to said pal and interest payable at the
are due
$20,000 July l, :* 1947 to
redemption date at the principal County Treasurer's office. Each
1954.
Said bonds must be sur¬ office of
the paying agent, Bank bid. shall be for the entire amount
rendered
on
redemption
date of America National
Trust and of said, bonds of. each issue, at a
(with all interest coupons matur¬
Savings Association, San Fran¬ single rate of interest, and any
ing
subsequent - to - redemption cisco,
for r le?s;; than
the: entire
or, at the option of the re¬ bid
date) at the State Treasurer's of¬
spective holders thereof, at the amount of said bonds or for vary¬
fice, Phoenix, for payment and office of the
collection agent, the ing rates of. interest will he re¬
cancellation,?
Interest ceases on
Guaranty ?Tfust Co.; of New York jected.. Enclose a1 certified, check
redemption date, at
principal amount
of the
160,000
-
jiate. ealledi \
1 '
/
,
County, Thermalito
$ch* Dht* (P.. O* Oroville),
.
,
CAMFOBNIA
,
Bond
bonds
were
•
offered
for
sale
recently,
a
of.
San
Francisco,
price of 100.186,
about ,2.725%.* ?Dated
These bonds
are
a
were-received until Aug. .6, by E,
p.
735—werq awarded, to the Bank
5%
ings. Association, of San Francisco,
Aug.
1,
school
bonds.
sive;,
Francisco,
price of 100.13.
Myers,
building; and
Denomination
repair
$1,000.
as
Sept. 1, 1946.f Due $8,000
of
Sept. 1, 1947 to 1957, inclu¬
(M-S)
;•
Principal
payable
and
at
the
2s, at
a
about
1946
and
price of 100.52,^ a basis
1.924%.
due
Dated Aug.
$5,000
on
Aug.
interest
from 1947 to 1961 inclusive.
County
ond
Treasurer's office in Fresno,,;
of
Los
of
O'Melveny
Angeles, will
&
be
furnished.
Only one rate of in¬
terest may be bid for each, issue.
Enclose a. certified.-check for 4%
high bid of 100.38 for 2s
made by
Weeden & Co.
1:,
1
Sec¬
was
;
bonds offered for sale on Aug.
San
164, p. 469—were awarded to ;
Heller, Bruce & Co., and R. H.
&
Co., both of San
Francisco, jointly, as- ;l%s, at a
price of 100.72, a basis of about
1.414%. Dated Aug. i; 1946. Dei ;
nomination $1,000.
These bonds
are
due 011 Aug. 1; $10,000 in
1947 to 1962, and $15,000 in 1963. ^
Interest payable F-A.
The next
highest bidder was the Bank of
America National Trust & Sav¬
—v.
Moulton
COLORADO
County, Del Mar
(P. O. San Diego),
Diego
Sch. Dist,
Calif.
Bond
Sale—r-The $55,000
164,
Redfield
—v.
p.
736—were awarded to
&
a
Garfield County,
Sch.
-
school
Co., of Pasadena," as
price of 100.72, a basis
? Dated Sept. 15,
i
Dist.
Union High
(P. O. Rifle), Colo.
Bond Election—The issuance of
$206,000
be
construction
bonds will
submitted to the voters at ail
election Scheduled for Sept.
6, it
is said.
of about 2.165%.
1946.
Denomination $41,000.
FLORIDA
Due
Sept. 15, in 1947 to 1966. The
next highest bidder was Weeden
& Co., for $9,000 4s, and $46,000
2i/4s, at a price of 100.01. Interest
payable M-S.
^
.
5,
ings Association, San Francisco^
of the par value of the- bonds, for
l^s, at a price of 100.103.
•
payable to the. County Treasure*.
on
of America National Trust & Sav¬
Of America National Trust & Sav¬
a
164,
purchase of $88,000 hot to exceed
from
2%s, at
bonds, offered Aug. 6~-y,
basis
next highest bidder was the Bank
for
Sale—-The $75,000; school
Dusenberry, County Clerk, for the
Dated
Association,. San
Bond
bids
as
due $1,000
opinion
2y4s, at
:
$16,000
bonds offered for sale op Aug. 5
Los: Angeles? County, Lowell Joint
Sch* Dist; (P. O* Los Angeles),
Calif;
Offered ^- Sealed
School
Due
:
ing
:
.
Countyr Cove Joint Union
BQnds
fron) Aug. 1, 1947 to 1966,.-The
ings
pf Supervisors.
date called.
Sch.;Dist. (P* O. Fresno),
v;
.
awarded to Lawson, Levy &
2%s, at
1946.
on
Fresno
Lake
Dated Sept. 1, 1946. Denomina¬
tion $1,000. Principal and inter¬
est (M-S) payable at the County
Treasurer's office,. The approv¬
City,r for redemption : at said: re-* for 3% of the bonds bid for, pay¬
demption price.
Interest ceases able. tq the Chairman of the Board
Sale—The $20,000. school
Williams,
of
;
Beaf:
bonds.
Sept. 1, 1947 to 1956.
,
-
Big
District
,
••
.
'
that
payablq J-J,
Woodland Elementary Sch.. Dist. (P. O.
Woodland), Calif.
Bond Sale—The $175,000 School
»
nounced
Interest
County,
''
Richey, Fla.
New Refunding Plan Pending—
New
Port
Inc., are said to
under way a new re¬
funding plan which provides for
reduced interest rates on approxi¬
Crummer & Co.,
have gotten
San Luis Obispo County, Oceano
Elementary School District (P. O. mately $565,000 outstanding bonds
of the above city.
Under the plan,
San Luis Obispo), Calif.
Bond Sale—The $16,800 school on bonds exchanged by Crummer
bonds offered for sale on Aug. 5 & Co., the city will pay an in¬
terest rate of 2% for the first 10
—v. 164, p. 736—were awarded to
>
•,
bonds
mer
'
I
•
.
I'/ (.'.iw.-i
> •«
1 •<
I
- is i*.
Lake County
and 3% thereafter until the
years
liquidated.
are
will receive iy4% of
concern
the bond value for such bonds
as
KANSAS^vf^;^
Sch. Dist. No. 61
(P. O. Waukegan), III.
Bond Sale—The $265,000 build¬
The Crum-
ing bonds offered for sale recent¬
ly, were awarded to Halsey, Stuart
& Co., as IV2S,- at a price of 101.will be required 195, a net interest cost of about
for interest 'and 1.395%: Dated July 1, 1946. De¬
Due Dec. 1,
the first 10 years, nomination $1,000.
the years there¬ as follows: $15,000 in 1948 to 1954,
under this arrangement, an
approximate $7,000 on a total re¬
come
fund.
The
City
to
raise $18,000
sinking fund for
and
$25,000 for
after, on the basis of
1956 and 1957, $20,000
in 1958 to 1964, and $10,000 in
fund.
Under
existing
arrangements 1965. Legality approved by Chap¬
the City was obligated to pay 3% man & Cutler, of Chicago. Interest
on the bonds for interest this
payable J-D.
»
4
year
—and fell down
annual
Current
to
been
used to pay a deficit on in¬
terest for the previous last quar¬
ter, of 1945.
The City Council also agreed at
the
i
meeting to take steps leading
to employment of an
expert firm
of tax appraisers, cost of which
would
be
borne
equally
City and the bonding
in
Pike County
School District No. 23
(P. O. Pearl), III.
taxes
approximately $17,but part of this money had
000,
$5,000
account of bond debt
on
amounted
re¬
the July semi¬
on
payment.
received
total
a
by
the
Sold—An
Bonds
Bond
Tenders
nicht, of St. Louis.
Sarasota? Fla.
tificates,
series of
7—v.
164,'
Aug.
The
—
1946,
cer¬
offered
599—were
p.
Indi
School City,
Offering—Dan Kreitzman,
Bond
of
Board
Trustees,
of
1952
29
15, 1946. Denomina¬
tions $1,000. Due Sept. 15, 1956,
or
Sept. 15, 1961.
A certified
check for 2% of the bonds bid for,
Sept.
•
Bonds Offered—William L. Wil¬
inclusive, and $25,000 from
inclusive.
Only one
submitted for the issue,
bid was
liams," Town Clerk-Treasurer, re¬
until Aug.
bids
sealed
ceived
9,
for the
purchase of $117,000 water
works revenue bonds, at not ex¬
ceeding 4% interest. These bonds
ILLINOIS
Adams County School District
No. 172 (P. O. Quincy),
were
Bond Sale—The $650,000 build¬
ing bonds offered for sale on Aug.
164,
599—were
p.
originally offered for sale on
July 30.
Illinois
1—v.
awarded
to
Kokomo,Ind.
Offered
Bonds
Darwin
C.
—
received
sealed bids until 2 p.m. on Aug. 8,
for the purchase of $150,000 im¬
Clerk,
City
Middleton,
the Harris Trust & Savings
Bank, of Chicago, and the Mer¬
cantile Trust & Savings Bank, of
provement bonds, at not exceeding
Quincy, jointly, as 1.10s, at a price
2% interest.
Dated June 15, 1946.
of 100.28, a basis of about 1.065%.
These bonds are due $5,000 July
These bonds
are
described
lows:
fol¬
as
'
"
'
•
,
$550,000 Adams School bonds. Due
•(
Dec. 1, 1949 to 1960.
100,000 Berrian School bonds.
Due Dec. 1, 1949 to. 1958, in'.V
elusive.
Dated Aug. 1, 1946.
V;- Denomination $1,000. Interest
J-D.
Canton, III
water
ment
and
sewer
bonds
main
$70,000
improve¬
sold
recently to
Quail & Co., of Davenport, as 2%s.
was
1, 1948, and Jan. and July 1, 1949
1, 1963.
to Jan.
v
V. Bonds Sold—An issue of
first $25,000
and
Wayne Township School Township
;
(P- O. Fort Wayne), Ind.
Bond /( Offering
Walter
F.
Hates, Trustee, will receive sealed
bids until
10
a.m.
Aug. 15, for
on
the
purchase of $28,620 school
bonds, to bear not exceeding 4%
interest.
Dated
Aug. 15, 1946.
Denomination
These bonds
due $620 on July
LOUISIANA
$260,000
Bond Ordinance Details—Eldon
P. Fleming,
City Clerk, has sup¬
plied the following information in
regard to the ordinance passed on
.
July 16, by the City Council call¬
ing for the issuance of $452,500
1946.
bonds. :( Dated
sewer
Aug.
1,
Denomination
$1,000, one
Due Aug. 1, as follows:
$8,000 in 1948 and 1949, $9,000 in
the direct
of the School
obligations
taxes
collected
are
on
all
levied
be
to
the
of
and
successful: bidder
the
O.
—
Trustee,
Samuel
will
$12,000 in
sealed bids until 7:30 p.m. on Aug.
$14,000
21
1953, $13,000 in
1955, $15,000 in
1956, $16,000 in 1957, $17,000 in
J958 and 1959, $18,000 in 1960 and
1961, $19,000 in 1962, $20,000 in
1963, $21,000 in 1964, $22,000 in
.1965,
$24,000
.1967
and
in
in 1966, $25,000 in
1968, $26,000 in 1969,
$27,000 in
for
the
construction
ing
4Y2%
15,
1946..
These
bonds
are
$11,500 July 1,-1948 to
$8,000 Jan. 1, 1961.
&
::
Ross,
1960,
Legality
McCord; Lee
Miller, of Indianapolis.
30
No.
of
about
Feb.
ination
2.497%.
Due
15, in 1947 to 1961. i ;School District No. 29
of
a
(P, O, Plaque•
Parish
Iberville
mine), La.
election
( Bonds Defeated—At the
held
July 23, the voters re¬
on
jected the proposal to issue $675,000
court
house and drainage
bonds.
t
♦
Trouigood Pine
La Salle Parish,
Sch. Dist. No. 21
(P. O.
-
for
23
4
until
bids
p.m.
the
exceeding 5%, to be expressed
multiples of Vsth or l/10th of
1%.
The- bonds will be dated
in
Due i
1947
1949, $1,000 in 1950, $2,000 in
1951, $1,000 in 1952 to 1957, $2,000
in 1958, $1,000 in 1959 to 1961,
$3,000 in 1962, $2,000 in 1963, $3,Sept. 1, 1946. Denom. $1,000.
Sept. 1, as follows:
$2,000 in
to
and
1964
in
000
$4,000
1965,
in
$3,000 in 1967 and 1968,
$2,000 in 1969, $3,000 in 1970 to
1966,
1972, and $20,000 in 1973 to 1976.
specify in their bids
the rate or rates of interest to
Bidders shall
paid on the bonds at whichy
rate or rates their bids are based'
and submitted. Bidders shall also
be
specify the total amount of money
offered for all of said bonds and
the dollar amount offered for each
Jena), La.
.Bond;Sale—The $80,000 school
bonds offered for sale on Aug. 3—
of $100,
unit
Bidders
rate
of bonds.
may specify more than one
of interest to be borne by
164 p. 470—were awarded to. a
the
syndicate composed of the Equit¬ bonds, but may not specify more
interest rate for the
able Securities Corp., Kingsbury than one
& Alvis, and White, Hattier & bonds in any one maturity.
The
v.
Sanford, both of New Orleans, at
par,
rate
rates of interest must be
or
a
2.497%.
$1,000.
Interest
payable
Parish
Consolidated
Sch. Dist. No.
1
•
Bond
school
Aug.
Sale
bonds
1—v.
awarded to
of the
a
a
to
"luxury" tax on admissions
theatres and other amusement
5%
places, luggage, jewelry, furs and
cosmetics.
The bond issue ques¬
before the electorate
approval or rejection at a
September referendum.
If ap¬
proved, the new taxes would go
tion will go
for
into effect Nov. 1.
Designed to raise an estimated
—
The
offered
-V 1 "
$1,110,000
for sale^on
164,
p.
600—were
syndicate composed
Equitable Securities Corp;,
tion bill.
Finance, will receive sealed
on
bids
Aug. 26 for the
purchase of $40,000 not to exceed
4%
interest
approving opinion of these
Dated X; May x 15,
Denom;
$1,000.
Due
quest to the purchaser of the
bonds, without charge. Enclose a V
certified check for $5,000,
A
certified
payable
to the Commission.
*
MASSACHUSETTS
$
I
Marblehead, - Mass,.
Sale—The
Bond
$45,000
sewer
$20,000;
check
required.
-
on
Aug. 6—v. 164 p. 373—
awarded to Robert Hawkins
Co., of Boston, as Is, at a price
100.2533,
a
basis of about
0.944%; Dated Aug. 15, 1946. De¬
of
nomination
to
on
for. 2%
(f
pay¬
F-A.;;;:
Bond
bonds
£
Peabody, Mass.
.
-
Sale-
~
The
amounting to
fered for sale
p.
Interest
inclusive.
1955
able
These bonds
Aug. 15 in 1947
$1,000.
due $5,000 on
are
1946.
May 15 in 1959 and 1960. Interest
M-N.
gen¬
tlemen will be delivered upon re¬
street( and ( sewer
bonds.
of the bonds is
Orleans,
Ful¬
ler, Commissioner of Revenue and
&
both of New
legality of this issue will be;
approved by Niles, Barton, Mor¬
row & Yost, of Baltimore, and the
The
&
Cumberland, Md.
a.m.
created
an
were
Bond Offering—Clifton E.
10
instrumentality
Act of the General Assem¬
bly of Maryland in the year 1927,
by
for sale
MARYLAND
;
an
the State of Maryland
construction of 1946 bonds offered
1
/,
v..
White, Hattier & SanfOrd, Scharff
J ones,
Commission is
of
$2,500,000 annually, the new taxes
were approved by the Legislature
as
a
compromise to supplant. , a
2% general sales tax which had
been proposed in an administra-/
until
(P. O.
(, New Iberia), La.
pack to 4 cents;
3%, and impose
cents a
Due
F-A.
Iberia
2
raise liquor taxes
price of 100.02, a
about
15, in 1947 to 1961. ;
Aug. 15, 1946.
Denom¬
Dated
June
due
District
a
100,000
bonds, at
exceed¬
and
field
bonds, .not
interest. •> Dated
by
basis
basis
$325,000
and
approved
Bank, Fairfield.
of
$11,500 July 1, 1947, $12,000 Jan.
1970, $28,500 in 1971,
and $29,000 in
1972.
Principal
and interest payable at the Fair¬
National
purchase
2%s:
15, 1947 to 1966.
200,000 School District No. 22
bonds, at a price of 160.62, a
W.
receive
following
price of 100.04, a
of about 2.496 %;
Due
basis
1952,
1954,
<
The
Feb.
Indianapolis)? Ind.
Offering
{Bond
Johnson,
as
School
Feb.
$10,000 in
in
.
ex¬
1950,
$11,000
Associates,
bonds, at
of the Township.
(P.
.
—
bury
taxable
at
Sale
328—were awarded to Kings¬
& Alvis, of New Orleans,
p.
Wayne Township School Township
for $500.
1951,
Bon d
bonds amounting to $560,000 and
offered for sale on Aug. 6—v. 164,
Ross, McCord, Ice :& Miller, of
Indianapolis, will be furnished to
the
will
Main
not
from
(P. O. Lake Charles), La,,
property within the School Town¬
ship.
The approving opinion of
pense
certified
payable to the
Calcasieu Pwish School Districts
valorem
Fairfield, III.
Said bonds
expenses
a
I.
win
.
Chairman Ir¬
receive sealed
—
,
and
f'
all
Offering
net interest cost of about in multiples ot Vs or one-tenth of
Bidders must offer to pay
1.735%,, divided as follows: $15,- 1%,
Pike County (P. O. Pikeville), Ky. 000 as IV2S, due $5,000 on Sept. 1 not less than par and accrued in¬
in
1947 to 1949, the remaining terest for the bonds.
Bonds Sold—An issue of $160,000 school building revenue re¬ $65,000 as l%s, due on Sept. 1,
The bonds will be issued pursue
funding bonds was purchased on $5,000 in 1950, and $6,000 in 1951 ant to the authority of Chapter
July 5, by a syndicate composed of to 1960. • Interest; payable M-Si 1008 of the Acts of the General
the W. C. Thornburgh Co.,-Charles Second best bid was an offer for Assembly of Maryland, passed at
A. Hinsch & Co., Walter, Woody the $80,000 as 2 %s, submitted by its. January Session im the year
& Heimerdinger, Hill & Co., Fox,
Barrow; Xieary & Co., and Scharff 1943, and pursuant to Resolutions
Reusch & Co., Edw. G, Taylor & & Jones, jointly.
duly adopted by said Commission
and said County. All of said bonds
Co., all of Cincinnati, and Russell
Vermillion Parish Sub-Road
will be unconditionally guaran¬
& Long, of Lexington, at a price
District No? 4 ?f Road District : '
teed as to payment of principal
of 102.50, a. net interest cost of
No. 2 (P. O. Abbeville), La. :
and interest by the County Com¬
about 1.365%, as follows: for $80,Bond
Sale Postponed —B.
A.
missioners of Montgomery Coun¬
000 maturing $16,000 on Aug. 1, in
Campbell, Attorney, has advised
1947, to 1951 as :2s, and $80,000
that the sale of the $220,000 pub¬ ty, and the full faith and credit
maturing $16,000 on Aug. 1, in lic improvement bonds, not ex¬ of The Maryland-National Capital
1952 to 1956 as
Imprest pay¬ ceeding 4% interest, has been Park and Planning Commission
and of the County Commissioners
able F-A.
Dated Aug. lr 1946.
postponed indefinitely.
of Montgomery County, will be
Denomination
$1,000.
Principal
and interest payable at the County
pledged to the payment of said
MAINE
bonds.
Treasurer's
Principal and interest is
office;';
All of said
Maine (State of)
bonds are optional for redemp¬
payable from the proceeds of spe¬
Veterans'
Benefit Program cial ad valorem taxes levied, with¬
tion in whole - or in part in in¬
Bonds Up for Vote—A proposed out
legal limit as to rate and;
verse numerical order on any in¬
State ( constitutional
amendment
terest- payment
amount, by the County Commis¬
date prior- to
providing for issuance of $16,000,- sioners of Montgomery County
maturity on 30 days' prior notice
000 in bonds to finance a veterans'
within that portion of the Mary¬
at
102.50 and accrued interest.
benefit program was giveh final land - Washington
Metropolitan
The County Fiscal Court, so long
approval (July 26) by a special District lying within Montgomery
as
any of these bonds are out¬
session of the Maine Legislature.
County. If such proceeds prove
standing, agrees to perform all du-f
The
ties imposed upon it by the Con¬
program
calls for cash inadequate, the County Commis¬
of
Montgomery (County
stitution and Statutes of the Com¬ bonuses of $150 to World War II sioners
are
authorized
and directed
to
monwealth of Kentucky, and to veterans and provides for a veter¬
ans' educational program, includ¬ levy unlimited ad valorem taxes
convey, when the issue has been
paid in its entirety, said premises ing expansion of University of upon all assessable property with¬
in
the
Maine facilities and establishment
corporate limits, of the
to the County Board of Education.
County in order to make up the
Legality approved by Chapman & of a vocational institute.
deficiency.
The Maryland-Na¬
Cutler, of Chicago.
To pay off the bonds, the State
tional Capital Park and Planning
would increase its cigarette tax
$1,000, one for $620.
are
pay
Enclose
City Treasurer.
Town¬
ship, payable out of unlimited ad
of Chi¬
will
for $1,000,
check
bidder.
revenue
the
on
of maturities exceed
on the
remaining
bonds.
said
the First National
water and
no
No bid for less than $1,030 per $1,000 bonds will be con¬
sidered.
The City will furnish
printed bonds and a legal opinion
of Heyburn & Marshall, of Louis¬
Principal and interest payable at
3V4% and 4%%
In
2%%
or
Denomination $1,000. Due Nov. 1,
as
follows: $5,000 from 1949 to
1955 inclusive, and $35,000 in 1956.
cago.
1%.
of
the interest
shall
event
1, 1947, and $1,000 on Jan. and
July 1, in 1948 to Jan. 1, 1959.
Rate of interest to be in multiples
of y4 of 1%, and not more than
one rate shall be named by the
Bank
Va
of
ville,
Aug.
on
to
to 1962
are
$100,000
issue maturing
$5,000
Sept. 1, 1947 to 1966.
Said bonds
are
subject
to
redemption
in
whole
or
in
part,
in
inverse
numerical order on any interest
in connection with the issuance of
Shields &
to 1951
These bonds
1946.
Sept. 1,
part of a,
for the
purchase of $130,000 not to exceed
4%
interest
refunding
bonds.
(DST)
payable to order of the Treasurer
a
group composed of
of the School City, is required.
Co., Allen & Co., both Bids must * be conditioned'
upon
Of New York, R. W. Spragins &
bonds being approved as to legal¬
Co., of Memphis, Cohu & Torrey,
ity by Chapman
& Cutler of
of New York, and
Leedy, .Wheeler Chicago. Alternate bids are re¬
& Co., of Orlando, at a price of
quested on the bonds to mature
37.80, a basis of about 2.283%. in 1956 or 1961.
i
^ ^
Bated July 1, 1946 and due
July
Hymera, Ind.
1, as follows: $20,000 from 1947
awarded
Dated
.
will receive sealed bids until 2:30
p.m.
Dated
revenue
Aug. 13, for the purchase
works and sewer
of $50,000 water
revenue
bonds.
2%
Indiana v(
Awarded
will receive sealed bids until 8.50
1949, $51,000 in 1950, $52,1951, $53,000 in 1952, $54,-.
000 in 1953, $55,000 in 1954, $56,000 in 1955, $57,000 in 1956, as
l3/4s, and $633,000 maturing Aug.
1, $58,000 in 1957, $59,000 in 1958,
$61,000 in 1959, $62,000 in 1960
and 1961, $63,000 in 1962, $65,000
in 1963, $66,000 in 1964, $68,000
in 1965, and $69,000 in 1966, as 2s.
Interest payable F-A.
$25,000.
bonds, dated July 1, 1942, in the
2%. water
Interest pay¬
able J-J.
company.
amount of $10,000.
Certificates
•
,
Bond Offering—Bernard Hurst;
p.m. on
Springs), Md..-\
Silver
Bond
000 in
'
w
Ky.„
multiples
Secretary
$375,000
'
.
$1,000 in 1956 and 1957. Legality
approved by Charles & :Trauer-
fred M. Meeuwes, City
Clerk, is
calling for tenders until 8 p.m. on
Aug. 26, of the city's refunding
^
f
Maryland-National Capital Park
and Planning Commission (P. O.
(EST) on Aug.
purchase of $132,000
series H coupon refunding bonds
of 1946.
Rate or rates of interest,
ing Aug. 1, $49,000 in 1948, $50,-
KENTUCKY
n
Bardstown,
Barrow, Leary & Co., of Shreveport, Kingsbury & Alvis, Glas &
Crane, Weil & Arnold, and the
Rapides Bank & Trust Co.,( of
Alexandria, at a price of par, a
net interest cost of'about 1.945%,
as follows: ( For
$477,000 matur¬
000 in
Aug.
payment date at 103, plus accrued
interest for the first 10 years from
date of issue. Bidders may name
their own interest rate or rates in
par.
Gary
'
building
bonds were favorably
voted at the election held on
Corp., of Alton, at a price
Dated June -15, 1946.
These bonds are due on Jan. 1, as
follows: ^ $500 in 1948 to 1955, and
of
Invited—Wini¬
x
the
Bond
Pompano, Fla
<
of
issue
$6,000 2%% repair bonds was pur¬
chased recently by the Municipal
School District, Kan.
Voted — The $5,680,123
Wichita
Bonds
Monday, August 12, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
872
on
V
*
following
$40,000,
of¬
Aug. 6—v. 164,
737—were awarded" to Robert
Hawkins & Co., of
Boston, as ls»
Volume 164
at
100.19,
price
a
of
0.932 %:
about
a
? ■
&
to
basis of
':v?";•
<
works equipment
bonds. Due $4,000 on Aug. 1,
♦*.
1947 to 1951**
t;
v
«
refunding
of
in
$25,000
Pi, Aug.
^$4,000 on Aug. 1, 1947 to 1951.
;v Dated Aug. 1, 1946.
Interest
;
1, 1946.
17,000. certificates
Due June
ness,
Kittson
of indebted¬
1,1947. Dated
Aug. 1, 1946.
Swampscott,Mass. - ££$
>:■ Note Sale—The $30,000 highway
equipment notes offered for sale
,©n Aug. 6—v. 164, p. 737—were
•>.^
J Denomination $1,000.
Rate of
interest to be in multiples of lA
Principal
1%.
Lake Bronson),
the
to
Bank of Boston,
Second
National
Is, at a price
as
be
$525,000
Interest
Ithaca, Emerson, Arcadia,
Fractional'School Distrtct
,.
O, Ithaca), Mich.
Offering—M. J. Haley,
No, i (P.
•
Bond
District Secretary, will receive
sealed bids until 4 p.m. on Aug.
purchase of $25,000
bonds, to bear
not exceeding 2% interest. Dated
Aug. 1, 1946.
Denomination $1,000. These bonds are due on Aug.
,1, as follows: $8,000 in-1947 and
1948, and $9,000 in 1949.
Prin¬
the
for
12,
limited tax coupon
cipal and interest payable
Commercial National Bank
shall
Bids
aca.
be
at the
of Ith¬
conditioned
opinion of
purchaser's'- attorney *, approving
the legality of the bonds. T The
the unqualified
upon
opinion shall be paid
cost of such
purchaser. The District
pay the cost of printing the
the
fry
shall
rbonds.
certified check
value of the
payable to the Treasurer
Board of Education.
.
Enclose a
10% of the par
-for
ibonds,
of the
'V•
Macomb .County
Mt.
(P. O*
Clemens), Mich.
Bond and
Certificate Offering—
County Clerk, will
bids until 11 a.m.
Aug. 13, for the pur-
Guy L. Brown,
receive sealed
-
(EST), on
following bonds and
amounting to $145,000,
chase of the
certificates
Interest rate is not to. ex¬
bonds.
North
NewarkTownships
Star and
Board of Education, for the pur¬
chase of $300,000 coupon building
Denomi¬
ceed 2 %, payable F-A.
Dated Aug. 1, 1946.
nation $1,000.
Due
Aug. 1: $15,000 in 1949 to
on
1964, and $30,000 in 1965 and 1966.
bonds maturing on Aug. 1,
All
1962, and thereafter, to be subject
to prepayment at par and accrued
interest on Aug. 1, 1961,; and on
any subsequent interest payment
date.
Principal and interest pay¬
able at any suitable bank or trust
company designated by the pur¬
chaser," Split rate bidding is per¬
mitted. *' Legality to be approved
by Dorsey, Colman, Barker, Scott
& Barker of Minneapolis.
A $6,000 certified check, payable to the
District Treasurer, must accom¬
pany the bid. r'
Hennepin County Indep. Sch. Dist.
.;
No. 7 (P. O. Edina), Minn.
Bond Sale—The
trict
Clerk,
bids until
will
7:30
p,
for the
purchase of $150,000 cou¬
pon building bonds.
Dated Aug.
1, 1946. Denom. $1,000. Due $10,000 on Feb.; 1 from 1948 to 1962
Bidder
incl.
to
name
the
expressed in a multi¬
ple of Vq or one-tenth of 1%.
Principal and interest payable at
any
bank
Paul
by
or
the
or
trust
company
Minneapolis,
purchaser.
in St.
designated
A
Denomination $1,000.
Plenty wood', Mont.
Bidder to
name
a
sin¬
Principal and interest (M-S) pay¬
able at the Orange First National
Bank, Orange.
A certified check
for $640, payable to order of the
city, is required.,: Legal opinion
of Reed, Hoyt & Washburn of New
York City will be furnished the
successful bidder.
Passaic
County (P. O. Paterson),
New Jersey
Bond
Offering—Floyd M. WilCity Clerk, will receive
sealed bids until 8 p. m. on Aug.
19 for the purchase of $40,000 not
interest water sup-
Dated Dec. 1, 1946. If
amortization bonds are sojd and
ply„bonds.
issued, the entire issue may be
one single bond or divided
bonds, as the said City
Council may determine upon at
the time of sale, both principal
and interest to be payable in semi¬
annual
installments, during
a
period of 20 years from the date
put into
into several
If serial bonds are is¬
of issue.
Due
Sept. 1 from 1947 to 1954
gle rate of interest, expressed in
a multiple of V4 or l/10th of 1%.
164, p. 601—were
awarded as 2^s, at a price of 100.20, a basis of about 2.45%, on the
following July 1 maturity basis:
$1,000 in 1947 to 1955, and $16,000
in 1956.
Interest payable J-J.
to exceed 6%
interest
on
inclusive.
now
Laurel—v.
lard,
6%
1946.
is
Bond Sale—Of the
$800,000 road
bridge bonds offered Aug. 7
and
164,
601—a total of $799,to a syndicate
composed of Halsey, Stuart & Co.,
Blair & Co., Inc., Boland, Saffin.
& Co,, of New York, and MacBridge, Miller & Co., of Newark,
as
IV4S,. at a price of 100.219, a
v.
000
p.
awarded
was
basis of about 1.223%. Dated Aug.
1,
Denomination
$1,000.
are due on Aug. 1 in
1946.
These bonds
1947
F-A.
was
to
■
1962.
The
Interest
next
payable
highest
bidder
Harriman
Ripley & Co., Inc.,
will be in the White, Weld & Co., and Estabrook
amount of $2,000 and the sum of &
Co., jointly, for $800,000 l%s,
$2,000 will become payable on at a price of 100.029. 1
: 1
:
June 1, 1947, and a/like amount
Ramsey, N. J.
on June
1, each year thereafter
Bond Election
An issue of
until all of such bonds are paid.
The bonds, whether amortization $30,000 war memorial recreational
sued and sold they
.
•
—
bonds-will
serial bonds, will be redeem¬
able ih full pn any ' interests pay-
voters
ment date from and after 5 years
election.
or
Enclose
from the date of issue.
certified check for $1,000,
payable
City Clerk.
500
submitted
to
the
November; general
\
Trenton, N. J.
'
Bond
Sale—Of
the
$1,038,00(1
general improvement and special
Sulphur Springs, Mont.
Bonds Voted—An issue of $68,-
-
be
the
at
a
White
street
improvement bonds offered Aug.
6-r-v. 164 p. 738—were awarded
to the Bank of Blue Mountain, the
water;
system rehabilitation
and improvement bonds was fa¬
vorably voted at the election held
assessment bonds offered Aug. 8
—v.
164, p. 601—a total of $1,037,000 were bid for and awarded
to a syndicate composed
of the
National City Bank, Kidder, Peabody & • Co., Eastman, Dillon &
Jackson, County hVan Cleve r-ConCo., Merrill, Lynch, Pierce, FenV.iNEBRASKA
soli dated School District (P. O.
rier & Beane, all of New York;
4
•
Pascagoula), Miss.
Illinois Co., Chicago, and CampExeter, Neb.
Bond Sale — The $43,000 con¬
Bonds Defeated — An issue of bell, Phelps & Co., of New York",
struction bonds offered for sale
on a bid
of 100.141 for; 1.20s, a
$25,000 auditorium bonds was de¬
on Aug. 5—v.
164, p. 738—were feated at the election held re¬ basis of about 1.173%: The bonds
awarded to the Max T. Allen Co.>
are dated Aug. 1,1946 and mature
cently.
of Hazlehurst. These bonds were
on April 1 from 1947 to 1956 in¬
Hartington, Neb.
authorized at the June 29 elec¬
clusive. Second high bid of 100.Bonds Voted — The following
tion.
The next highest bidder
Ill for $1,037,000 1.20s was made
bonds amounting to $56,000 were
was Kingsbury & Alvis.
by a group composed of Bankers
favorably voted at the election Trust Co. of New
York, W.: H*
Picayune, Miss.
held on July 30:
Bonds Voted—It is stated by J.
Newbold's Son &. Co., and Han¬
$21,000 airport bonds.
A. Read, City Clerk, that at the
nahs, Ballin & Lee.
35^000 park improvement bonds.
election held on July 16,; the fol¬
Westfield School District, N. /.
lowing bonds aggregating $725,-
only bidder.
on
Jqly 16.,
,
i
NEW JERSEY
000, were approved: $600,000 sew¬
age, collection and disposal sys¬
tem
and $125,000 water
system construction binds. He re¬
ports that these bonds will not be
offered for sale until material .for
construction of the projects is
revenue,
;
Hamilton
available.
_
Pontotoc
County, Randolph Con-
'
solidated\ Sch.' Dist.
—
offered for sale on Aug. 6t~v. 164,
or, registered bonds, not exceeds
awarded to B. J. ing 2% interest. Dated Sept. 1,
Ingen & Co.,'of New York,
1946, Denomination $1,000 These
and C. C. Collings & Co., of Phila¬
bonds are due $10,000 Sept. 1,1948
delphia, jointly, as 1.80s, at a price
of 100,159, a basis of about 1.785%: to 196Q.
Rate of interest to be in
p.f 601—were
(P. O,
Pontotoc), Miss.
f$9,000 school $48,000 equipment bonds. Due on
Aug. 1 from 1947 to 1950 inbonds offered for sale on Aug. 5
Sale—The
Bond
clusive;
164, p. 601—were awarded to
the First National Bank,- Of Pon¬
—v.
totoc,
as
Bond
Aug.
240,000 sewer bonds of 1946. Due
Aug. 1 from 1947 to 1974 in¬
'
3s.1
clusive.
Starhville, Miss.
Sale—The $30,000
sold
bonds
works
6—v.
164,
water
auction
at
on
.
.
738—were
p.,
Memphis.
/
'
^
MISSOURI
Buffalo, Mo. \
'
-
"i
*-
Bond Election—The issuance of
$80,000
ted
to
the
scheduled
certified ported.
system and treat¬
bonds will be submit¬
sewer
ment plant
-
voters
at
for Aug.
<'
an
election
20, it is re¬
>
1
v
....
Denomina¬
Interest payable F-A.
Sale
registered
—
The
bonds
coupon
or
aggregating
$133,000, offered for sale on Aug.
2—v. 164, p. 601—were awarded
to Halsey, Stuart & Co., as 1.30s,
at a price of 100.117, a basis of
about 1.28%, as follows.'. $57,000
airport improvement, and $76,000
general
improvement
bonds.
Dated
1
in
Aug. 1, 1946.
1947 to
and must' be the
the bonds.
Due on Aug.
1960, inclusive.
In¬
same
for all of
Principal and interest
payable at the Peoples Bank &
Westfield.
The pu*-
chaser must pay accrued
interest
from the date of the bonds to the
date of delivery.
Morristown, N. J,
Bond
multiples of one-twentieth of 1%,
Trust. Co.,
'
.Dated Aug. 1, 1946.
tion $1,000.
awarded to M. A. Saunders & Co.
of
Bond Offering—Frances Pierce,
Township (P. O. 2090
District Clerk, will receive sealed
Trenton), N. J.
bids until 8 p.m. on Aug. 20 for
Bond
Sale
The
following
bonds amounting to $288,000 and the purchase of $130,000 coupon
Greenwood Ave.,
Van
rate
of interest,
of
exceed
to
$4,000
fJ
Details—It
not
registered general im¬
provement bonds.
Dated Sept. 1,
to the Yellowstone National Bank
to the
$12,500
000.
by the City Clerk that the
$25,000 swimming pool bonds sold
Blue Mountain, Miss.
Bond Offering—C. S.
Hoyt, Dis¬
receive sealed
m. on Aug. 12
Sale
Director
coupon or
stated
gen¬
MISSISSIPPI
?
Bond
Bian-
Revenue and
Laurel, Mont.■ ?;y.v""y i;
l: ?:vf.
■
.
C.
of Department of
Finance, will receive
sealed bids until 8 p.m. (DST) on
Aug. 20 for the purchase of $32chi,
>
recent elec¬
MONTANA
,
Falls, Minn.
Sale—The
Bond
bonds.
paid by the City; The City shall
B®nd Sale—The $44,000 coupon
pay the cost of printing the bonds.
funding bonds offered for sale on
Enclose a certified check for 2 %
5—v. 164,- p. 738-~were
of the total par value of the bonds, Aiig.
awarded to the Allisbn-Williams
payable to the City Treasurer.
Co., of Minneapolis.
Dated Aug.
Crosse Pointe, Mich.
1,
1946;
Denomination $1,000.
vi Bond Salerr-The $300,000 street
Tftesb bonds are due on Aug.M,
^improvement bonds offered for in 1948 to 1966. The next highest
<sale on Aug. 1—v. 164r p. 737— bidders were Kalman & Co., and
were
awarded to the First of the First National Bank, St. Paul.
Michigan Corp., and McDonaldHastings Spec. Sch. Dist. No. 26
Moore & Co., both of Detroit,
(P.O.Hastings), Minn.
jointly, as 1J/4S, at a price of 100.Bond Offering—Sealed bids will
016, a basis of about 1.245%. Dated
be received until noon on Aug. 16,
Aug. 1, 1946. Denomination $1,O00. These bonds are due $20,000 by Mrs. Earl Heriry, Clerk of the
May 1, 1947 to 1961.
payable M-N.
Orange, N. J.
of $175,000 hospital bonds,
according to report.'
purchased recently by Kalman &
Redwood
a
Runner-up
Ingen &
Offering—Ovid
Bond
•
ance
.
on
Van
15,
Lexington, Mo J
will
J. Faist, Director of
Fosston, Minn.
June
on
\■
Bonds Voted—At
„
.
due
tion the voters approved the issu¬
Finance, that the city has made eral
$100,000 sewer bonds. Due $10,obligation election and steam
application to the State Municipal
;;;
000 from Aug. 1, 1947 to 1956.
system bonds offered for sale on
Finance Commission for permis¬
100,000 Macadam pavement
Aug.
1—v.
164,
p.
600—were
sion
to
issue
$4,800,000 water
bonds;
Due
$20,000
from
awarded
to
the
Citizens State
revenue bonds.
Should the Com¬
Bank of Redwood Falls, and the
Aug. 1, 1947 to 1951.
mission's approval be forthcom¬
State
Bank
of
Redwood Falls,
-Dated Aug. 1, 1946. Denomina¬
ing in the near future, it is ex¬
tion $1,000. Interest payable F-A.
jointly, as 1.40s, at a price of 100.pected that the bonds can be of¬
136, a basis of about 1.38 % . Dated
fered for sale about Sept. 10.
MICHIGAN
Aug. 1, 1946. Denomination $1,Sault Ste. Marie, Mich.
000.: These bonds are due on Aug.
V
Corunna, Mich,
The .next
Bond Sale—The $35,920 coupon 1 from 1948 to 1966,
Bond Offering—Bessie M. John¬
water mains bonds Offered Aug. 5 highest bidder Was the First Na¬
son, City Clerk, will receive sealed
tional Bank, St. Paul, and Asso¬
v,: 164, p. 737—were awarded to
bids until 2 p.m. on Aug. 22, for
a
group composed of the First ciates, for l^s, at a price of
the purchase t of $20,000? general
National Bank, the Central Sav¬ 100.43.
obligation coupon bonds, to bear
Riceland (P. O. Route 2,
not exceeding 3 % interest. Dated ings Bank, all of Sault Ste. Marie,
as 1.30s.
Dated Aug. 5, 1946 and
Albert Lea), Minn.
Sept, 1, 1946, Denomination $1,due on July 15 from 1947 to 1956
Bond Sale—The $35,000 coupon
(000.
These bonds are due $3,000
inch
road arid bridge bonds offered
<in 1948 to 1953, and $2,000 in 1954.
Rate of interest to be in multiples
July 29—v. 164, p. 329—were
MINNESOTA
awarded to The Farmers State
'of y4 of 1 %.
Principal and in¬
terest payable at the Old Corunna Compton (P. O. Wadena), Minn. Bank of Hay ward, as Is, at par.
State Bank, Corunna,
Bond Offering—K. E. Johnson, Dated July 1, 1946 and due on
Bids shall
be conditioned upon the unquali¬ Town Clerk, will receive sealed Jan. 1 from 1948 to 1958 inclusive.
fied opinion of Miller, Canfield, bids until Aug. 19, for the pur¬ Callable at par and accrued in¬
Paddock & Stone, of Detroit, ap¬ chase of $15,000 road and bridge terest on any interest date.
proving the legality of the bonds.
The cost of such opinion shall be
Dated June 15, 1946.
are
*
the general obligations
stated by Carl
'of about 0.954%:
Louis.,
24, were
offered for sale on May
Co., of St. Paul, as 2s.
Interest
of the payable F-A.
• ';
Bids shall be conditioned
of 100.589, a basis of about 0.789%. County.
Leon, Minn.
Dated Aug. 15, 1946.
Denomina¬ upon the unqualified opinion of
Bonds Sold—It is reported that
Claude H. Stevens, of Berry &
tion $1,000.
These notes are due
Stevens, of Detroit, approving the $60,000 road and bridge bonds
$6,000 on Aug. 15 in 1947 to 1951.
were awarded on July 30 to Piper,
legality of the bonds and certi¬
Interest payable F-A.
ficates. ? The bonds will be de¬ Jaffray & Hopwood of Minneapo¬
Waltham, Mass.
livered at Detroit, Mich.
Enclose lis^ as 1.30s^ at aprice of 100.141.
Bond
Sale — The
following a certified check for $2,900, pay¬ The second highest bid was a joint
offer by J. M. Dain & Co., and the
bonds amounting to $200,000, of¬ able to the
County Treasurer.
Allison-Williams Co., of 100.101*
fered for sale on Aug. 6, were
Saginaw, Mich.
for 1.30% bonds.
awarded to the First Boston Corp.,
Bond Issuance Pending—It is
as Is, at a price of 100.189, a basis
awarded
bonds
Legality approved
by Charles & Trauernicht of St.
County Cons. Sch. Dist.
No. 75 (P. O.
and
indebtedness
The
Detroit.
These
J.
Co., bid¬
ding 100.129 for 1.30s, followed by
Salomon Bros. & Hutzler, offer*ing 100.20 for 1.35% bonds.
were
Kansas City.
be
will
Minneapolis
payable\ F-A.
B.
was
purchased re¬
cently by A. H. Bennett & Co., of
Y\',>
\
Minn. •;> \v ■' ■
^ Bond Sold—It is reported by M.
P. Lager, District Clerk, that the
$38,000 refunding bonds originally
interest
payable at the Detroit Trust Co.,
of
of
bonds
terest
2%
$82,000
in 1947 to 1966.
^ ;'
^
school
furnished the successful bidder.
Dated
1951.
Sold—The
Bonds
Dorsey, • Colman, Barker, Scott &
Barber
S"1947, $30,000 in 1948 to 1950,
and
Esther School District, Mo.
$3,000 payable to order
Treasurer, is re¬
District
the
quired. The approving opinion of
bonds.Due
follows: $13,000 in
June 1, as
,
check for
in¬
-j-v';... C J.-
$128,000
'v:Y ■'
20,000 fire department apparatus
and equipment bonds. •• Due
exceeding lVz%
not
bear
terest:
...
public
$20,000
873
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4515
The successful
bidder will be furnished with the
opinion
of Reed, Hoyt &
Wash-
burn, of New York City, that the
bonds
are
valid and binding obli¬
gations of the Board of Education
of the Town.-v Enclose a certified
check for 2%
of the face amount
of the bonds
bid for, payable
the Custodian of Lchool
to
Moneys*
THE COMMERCIAL & FINANCIAL CHRONICLE
874
new
land
mexico
Eddy County Carlsbad Municipal
Sch. Dist. (P. O. Carlsbad),
N. Mex.
Bond
Offering
L.
William
—
High, County Treasurer, will re¬
ceive sealed bids until 10 a.m. on
Aug. 23, for the purchase Of $695,000 school bonds, to bear not ex¬
Dated July
'Denomination $1,000.
be submitted on either
ceeding 2% interest.
1946.
1,
Bids may
one
both
or
schedule
of
following
the
maturities:
of
Due
(1)
follows: $40,000 in 1947,
$41,000 in 1948, $42,000 in 1949,
$43,000 in 1950, $44,000 in 1951 and
July 1,
as
1952, $45,000 in 1953, $46,000 in
1954, $47,000 in 1955/ $48,000 in
1956, $49,000 in 1957, $50,000 in
1958, $51,000 in 1959, $52,000 in
are
the
Denom.
$1,000.
These bonds are
due on Aug. 1, as follows: $2,000
in 1947 to 1950, and $l,000~in 1951
jects or purpose of acquisition of
land for sites for public schools
Rate of interest to be in
of highways.
The bonds are genferal obligations
payable / from // unlimited
taxes.
Principal and interest payable at
the
Merchants
National
Bank,
Plattsburgh. The approving opin¬
ion of Caldwell, Marshall, Trim¬
ble & Mitchell, of New York City,
coupon
or
1956.
to
multiples of Yi or one-tenth of
1%. Principle and interest (F-A)
the Nassau County
Trust Co., Mineola;
The approv¬
ing opinion of Hawkins, Delafield
& Wood, of New York City, will
be
furnished
to
the
purchaser
payable
at
without cost.
Enclose
a
certified
check for 2% of the bonds bid for,
Municipal Law ana
the Local Finance Law for the ob¬
Bond
Town
Altmark,
will
Enclose
Without cost.
a
certified
bonds is to be check for 2% of the bonds bid for,
Enclose a cer¬
payable to the Town.
tified check for 5% of the bid,
Manlius,' N. Y.
payable to the County Treasurer.
of the
made in Carlsbad.
Bond Offering—E. J. GoodfelGuadalupe County (P. O.g
iow, Village Treasurer, / will re¬
Santa Rosa), N. Mex. '
f,.
ceive sealed bids until 3 p.rii. ten
Bonds Voted—At a recent elec¬
Aug. 20,Tor the purchase of $11
voters
the
tion
said to have
are
approved the issuance of $65,000
court house and jail bonds.
Guadalupe County (P. O.
Santa Rosa), N. Mex.
|
/•/ Bonds Voted-~*Ah issue e£ $65,000 court house and jail bonds
was favorably voted at the elec¬
tion held on July 23.
•
~ v
;
new york
Bond
Za-
Chase
Offering—C.
(DST), on Aug. 15, for .the purChase of the following registered
bonds, to bear not exceeding 6%
Interest:.
eral obligations of the
Village. De¬
livery will be made in New York,
tified check for
Enclose
a cer¬
$2,360, payable to
*
s
/
;
'
New
York, N. Y. :
•
Bond Offering—Wil¬
liam L.
Fanning, Chairman of the
Commissioners,
has
announced
/
.
pro¬
posals at its office, 625 /Madison
Avenue/ New York 32,
un¬
til
10:30
a.m.
on
Aug. 14, for the
purchase of fully registered New
York State County and New York
State municipal bonds amounting
to
$1,500,000, consisting of lots 1
to 39.
,
l
Each
/o.
rate for
bid
may
Bond Offering—W. E, Easterlong, Secretary of the Local Gov¬
ernment Commission, will receive
Sealed bids Until II "a.itt. on'Aug.
13, for thO purchase of $10,000
electric light coupon bonds,
to
bear not; exceeding 6% interest.
Dated Sept. 1, 1946." .Defiomination $1,000. These bonds are due
$1,000 from Sept. 1, 1947 tb 1956.
(having the earliest maturi¬
issue
ties) and another rate
the
balance, but
than
more
no
or rates
a
certi¬
for $2,000, payable
to
bid may
three rates for
name
eithef
and
each
bidder
must
specify in his bid the amount of
issue,
ot, each rate-
-maturities, i The
of Reed,
Fargo, N.
'/
Bond Election
approving
Hoyt & Wash4
V??Yv- of " New;• York;//; City,
will be furnished.
Enclose
a
cer-4
—
DakirS:'y.""
The
City Com-"
missioh has scheduled art election
for
27 to; have the voters
the 'issuance/ Of $75,000
fire fighting equipment bonds:
Aug.
pass
on
£ach rate
must be bid for bonds of consecu¬
tive
North dAkota
;•
for
Valley City, N. Dak.
/
/Bond Sale—The" $65,000 swim¬
ming pool bonds offered for sale
Aug/"5—v." 164, p. 602—wete
to the "Bank of North
on
awarded
Dakota, of Bismarck;
1.45s, at
as
tn'.l ^e.Ck„for 'H800, payable ?
of 100"34> a b^sis
Treasure^
1.417%.
to the State
i
Greenville, N. C.
Offering—Sealed bids
be received
until
11
will
(EST):
a.m.
Aug. 13,/by W, Ek Easterling
Secretary, of the Local Govern^
on.
$1,000.1
May l )
on.
Interbt payZ
highest feidAllison-Williams; Co.
f
able M-N.,
der was
The next
Ward County (P.
O. Minot),
N, Dak.
Commission, at his office in
Raleigh, for. the purchase of $220,I
'
:
^ohd
Offering Revised—Efed
improvement W. Brey,. County Auditor, will fe-
coupon
rate is not to ex¬
ceed
due
are
from 1948 to' 1966.
ment
000
about)
Denomination
/
bonds
These
6%, payable M-S.
Denomi-
Dated Sept. 1,1946
$10,000 in 1949
to 1953, $15,000 in 1954 to 1959j
and
$20,000
in
i960 to
1963.
Registerable as to principal alone.
Principal and interest payable in
New York City. General obligan
unlimited tax; delivery on
or about Sept. 7, 1946, at
place of
purchaser's choice.
Bidders are
tions,
ceive^^ Sealed; bidi uhtil 2
Aug. 20 for the purchase bf $179 000 riot to exceed 3% interest
highway
bonds, rather
$200,000 aS origihalJv
proposed;—v. 164, p. 473.
The
bonds will be dated Sept. 1, 1946
coupon
than
for
Denomination
$1,000.
Due
Dec*
L as foUows:. $6,00d from 1947 io
i?49ntocIasive;1951 to in 1950, and
$11,000 1960 inclu¬
$15,000 from
sive.
.Bonds due in 1953 and
are callable on Dec. L
ratos, in multiples of % of 1952, and on Any subsequent in¬
1%
Each bid may; name one irate terest date, at par and accrued in¬
for .part; of the bonds- (having the
terest. .Bidder to name a
requested
to
name
the
interest thereafter
Principal and interest payable in
.,
New York
N.
City.
Denton, N. C.
Offering—W. E.
Bond
check
Easter.-
litig; Secretary of the Local Gov¬
ernment Commission; Will receive
sealed
bids
at
his
office
in
Y., or at such other place as
Raleigh, until 11 a.m. on Aug. 13,
be agreed with the purchaser '
for the purchase of $40,000 water
about Sept, 1, 1946.
The approv¬
coupon bonds, to/ bear not. ex¬
ing opinion of Vandewater, Sykes
ceeding 6% interest.
Dated June
& Heckler, of New York City, will
furnished
without cost.
.
purchaser!
the
Enclose
to
a certified
payable to the
1,
1946.
earliest
DenoMnatlQft/f'$l,0DO/
These bonds
are
due
on
June 1, as
follows:
for
$4,400, payable to the
check
for
$220,
Ohioy
Bedford,
State Treasurer.
^^e^-The/$86/oO(l
Note
Offering i-.W» E. Easter¬ V
lpal garbage and collection plant
ling, Secretary of the Local Gov-'
first mortgage revenue bonds of¬
ernment Commission, will receive
fered
for
sale
recently;
were
seaied bids until 11 a.m.. on Aug.'
awarded to Stranahah, Harris Ac
/
tor the
purchase ofr $30,000
anticipation notes, to bear Cov Inc., of
price of par.
exceeding 6% interest. Datedl
bond
not
^S'
^46' Denomination $10,-^
?2^ ?hese notes are due Dec. 20,
1946, at the place of
$1,000 in 1948 to 1957, and
purchaser's
$2,000 in 1958 to 1972/ Principal choice. Bidders should specify the
Village.
and interest payable in New York interest rate, and the city and the
$800 in 1947 to 1950, and $1,Milford, Hart wick, Middlefield
City.
General obligations; un¬ bank therein at which the prin1
000 in 1951.
Issued for Conand Westford Central Sch» Dist.
limited
tax; registerable as to cipal and interest shall be payable.
J
struction of sidewalks on
No. 1 (P. <X Milford), N. Y.
principal alone; delivery on or Bidders must present with their
Unionvale Road, the period Of
about Sept. 4, 1946, at place of
a
Bond Sale—The $3,500 building
9er^ed check, payable un¬
iV', probable usefulness of which
and site bonds offered for sale on purchaser's choice.
Bidders are conditionally to the order of the
is five years.
?
■ • /;/'//>
requested to name the { interest State Treasurer, for $150. The ap-'
1—v.
164,
p.
602—were
2,200 MUryvale road bonds. De¬ Aug.
rate or rates in multiples of % of proving opinion of Masslich
&
nominations $500 and $400. awarded to Tilney & Co., of New
The approving opinion /of Mitchell, of New York City, will'
York, as. 1.40s, at a price of 100.- 1%.
*
Due July 1, as follows: $400 in
Masslich & Mitchell, of New York be furnished the purchaser.
~
1947 to 1949, and $500 in 1950 028, a basis of about 1.385%. Dated
f;
and 1951.
Issued for con- May 15, 1946. Denomination $700. City, will be furnished the pur
Wingate, N. C.
chaser.
Enclose a certified check
These bonds are due $700 on Oct.
>;;
struction of a sidewalk on the
Dfferihg: i-: Sealed bids
for $800, payable to the ' State
northerly
side of
part of 1, from 1946 to 1950 inclusive. In¬
received until 11 a.m.
terest payable A-O.
The next Treasurer.,
\
1
; |Maryvale Road, the period of
(EST), on Aug. 13, by W. E. East-:
highest bidder was the Marine
probable usefulness of which
Farmville, N. C.
erling,
Secretary of the Local
Trust Co., Buffalo, for iy2s, at a
.is five years. '
Bond Offering—Sealed bids will Government Commission, at his
price of 100.14.
Dated July 1, 1946.
be received until 11 a.m. <EST),
Rate of in¬
°?^e
^atoigh, for the purchase
terest to be in multiples of xk or
Plattsbutgh, N. Y.
on Aug.' 13, by W, E,
Easterling, of $50,000 coupon water, bonds.
one-tenth of 1% and must be the
Bond Offering—Susan E. Ar¬ Secretary of the Local Govern¬ Interest rate is not to exceed 6%,
£>/•/
fied check
one
name
March 1;
Aurora, N. C.
will be furnished. Enclose
part of the bonds of either
natmn $1,000.
north carolina
approving opinion, of Reed, Hoyt
& Washburn, of New York City,
the State Treasurer.
that the State Insurance Fund of
New York will receive sealed
each
separate issue>(notand accrued interest)
required. / Bidders
are ' re¬
quested to name the interest rate
is
opinion
The State: frisurande Fund of
may
be
$4,200 Uniohvale road bonds. Denomination $800, one for $1,000. /Due July l, as follows:
will be furnished.
Trust
Co., in Manlius.
The bonds Will
be valid and legally binding gen¬
lemski, Town Supervisor, will re¬
ceive sealed bids until 2:30 p.m.
repairing
for
bid
less than par
single
maturities) and another rate/ of
interest,. expressed. in a
General obliga¬ rate or rates for
the-balance, but multiple of i/ioth or y4 of i%.
tions; unlimited tax; delivery on no bid
may name more than three
Payable at a suitable bank Or trust
000
fire
apparatus coupon Or or about Sept 3, 1946, at place of,
rates,
and
each bidder must company designated by the suc¬
registered bonds, to bear not ex¬ purchaser's choice.
Bidders are
specify in bii bid theamount of cessful bidder,
Legal opinion-t>f
ceeding 5% interest. Dated June requested to name the interest bonds of. each rate^
Each rate
15,
1946.
Denomination
$500. rate or rates in multiples Of % of must be bid for bonds of consecu-. Dorsey, Colman, Barker, Scott &
Barber of Minneapolis, also print¬
These bonds are due on June 15,
1%.
The approving opinion of
X®. maturities.
.The approving ed bonds, will be furnished the
as follows: $1,000 in 1947 to 1954,
Masslich & Mitchell, of New, York
opmion of Masslich & Mitchell, Successful bidder without
Charge.
and $1,500 in 1955 and 1956. Rate City, will be furnished the pur¬
of New York City, will be fur¬
Both sealed and oral bids Will be
Of interest to be in multiples of chaser.
Enclose a certified check
nished the purchaser.
Bids to be received at the sale.
r
lU or one-tenth of 1%. / Principal? for $200, payable to the State on forms furnished
by the" above
and interest payable at the Man¬ Treasurer.
Secretary.
Enclose
a
certified
Ohio
lius office of the Syracuse
A Cheektotvdgd (P. O. CheektoWaga), N.. YV
and
Portfolio
New York
Offering—Alan
Clerk,
construction, reconstruc¬
the
tion
"the City*
payable to the Village.
/
General
and
Fallsburgh South Fallsburg Water
District (P. O. South Fallsburg), 5
receive sealed
1960, and $53,000 in 1961; (2)—
bids until 2 p. m. on Aug. 15 for
Due July 1, as follows: $28,000 ift
the purchase of $42,000 water sys¬
1947, $29,000 in 1948, $30,000 in
tem coupon or registered bonds,
1949 and
1950, $31,000 in 1951,
not exceeding 4% interest.
Dated
$32,000 in 1952 and 1953, $33,000
Sept.
1,
1946. Denom. / $1,000.
in 1954, $34,000 in 1955 and 1956,
These bonds are due on Sept. 1,
$35,000 in 1957 and 1958, $36,000
as follows:
$2,000 in 1947 to 1958,
in 1959, $37,000 in 1960, $38,000
and $1,000 in 1959 to 1976. Rate of
in 1961, $39,000 in 1962, $40,000
interest to be in multiples of
in 1963 and 1964, and $41,000 in
Or one-tenth
of 1%.
Principal
1965 and 1966. - Principal and in¬
and interest payable at the South
terest payable at the State' Treas¬
Fallsburg National Bank, South
urer's office, or at the CountyFallsburg. The bonds will be valid
Treasurer's office.
The certified
and legally binding general obli¬
transcript
of
proceedings, the
gations of the Town. The approv¬
executed
bonds
and the legal
ing opinion of Hawkins, Delafield
opinion of Myles P. Talmadge, of &
Wood, of New York City, will
Denver, will be furnished by the be furnished to the
purchaser
District to be successful bidder.
Delivery
issued under the authority of
reg¬
bonds/ not exceeding 4%
interest.
Dated
Aug. - 1,
1946.
acquisition
istered
Monday, August 12, 1946
r
payable
.
,
Dated June I. 1946.
du®
c
J-D/
$1,000.
Interest
These > bonds arte
.
;
ojj June 1, as. follows: $5,000
m11948 to
1963, and $6,000 in 1964.
Tbefntire issue will bear interest
at
;3y2%,
from the.date
bonds to June
of said
1,1950.
,t
Circleville, Ohio
,
,
Toledo,; as 2^s, at a
Denomination
Sold—An issue of
000
municipal mortgage
water system
thorized
at
$55d>
revenue
purchase bonds • au¬
the
election
held
on
I* £8?' Yas Purchased recently
-by Stifel, Nicolaus & Co., of Chi¬
cago.
'•
k
.
.
•
Cleveland, Ohio
,
„
Prin¬
thur, City Chamberlain, will re¬
ment Commission, at his office in
cipal and interest payable at the
Manufacturers and Traders Trust
ceive sealed bids until 3 p.m. on
Raleigh, for: the purchase of the
16 for the purchase of the
following coupon bonds aggregat¬
ing $230,000: ,;
-same for
all of the bonds.
Aug.
valid following coupon or registered
obli¬ bonds amounting to $118,000, not
of the Town. ;'The bonds exceeding 5% interest:
..
Co., Buffalo. Bonds will be
legally binding general
and
gations
will
be
delivered
New York, or at
as
may
at New York,
such other place
be agreed with the pur¬
The
chaser, about Aug. 25, 1946.
approving opinion of Vandewater,
Sykes & Heckler, of New York
City, will be furnished to the pur¬
chaser without cost.
Enclose a
certified check for $130, payable
to the Town.
$47,000 school bonds;
:
$1,000.
1, 1946.
Denomina¬
The combined matur¬
ities of the bonds are as follows:
East
Bond
Williston, N.
Offering
.
Y.
$14,000 July 1, 1947, $17,000 July
•
Arthur
R.
Wilks, Village Clerk, Will receive
sealed bids
16
for
t'-J
the
until 3 p.m.
purchase
%f
~
ku
b*•;/'* •'
nil-.
on
Aug.
1, 1948 to 1951, $7,000 in 1952 to
1955, and $8,000 in 1956.
Rate of
interest to be in multiples of %
of $14,000 °rz one-tenth of 1 %.
v ••:
The bonds,
/viC-L;
sewer
bonds.
March
1-; $2,909: in
1948 .to 1962, and $5,009 in
1963 to 1966, all inclusive.;
180,000 street improvement
1, as follows:
and $10,000 in
Dated July
tion
Due
Due/July
$7,000 -in 1947,
1948 to 1951,;/:
71,000 street improvement bonds.
Due July 1, as follows: $7,000
in 1947 to 1955, and $8,000 in
y'\ lyOU. '■/ V C'//?
/, ,'//
y.\"\ '■ ' • : ''// i'
>
$50,000 water and
.'.T
bonds.
Due
on
March
1; $8,-
—
Tlie
following
amounting to $3,200,000 and
Aug. 7—v. 164
p. 473—were awarded to a syndi¬
cate composed of Lehman Bros..
Estabrook & Co., Phelps, Fenn &,
offered for sale ori
SA'K
& Webster Securities
payable M-S. Dated Sept. 1, 1946
$1,000; and $500.' Fto:'P- - Eastman, Dillon
Hallgarten & Co., Merrill Lynch
Due March 1, as follows: $1,000 in
Pierce, Fenrier & Beane,/ all of
1949 to; 1958, $1,500 in 1959 to
New York, .R. S./Dickson & Co^
1966, and $2,000 in.1967 to 1980. of
Charlotte, and Wm/J. Mericka
Principal and interest payable in &
Co., of Cleveland, as iy2s, at a
New; York' City.
Registerable f as
interest cost
to principal only; general bbligaof .1.3905%:
tions; unlimited tax delivery at
$500,000; street/ opening IbondsL
place of purchaser's choice: Bid¬
Denominations
,
1971*
ders are requested to name the -oADue on Sept. 1, 1947 to
300,000, shade tree bonds, • Due
interest rate or rates in multiples
1957, $16,000 in 1958, bf
;
/ Sept. 1, 1947 to, 1956. -///
,
k of 1 %, r Each bid may name
and $20,000 in 1959 to, 1962.
400,000 park bonds.
Due Sent
one rate fori part
of the bonds
Denomination
i; 1947 td 1953/ /
^
$1,000.
Dated (having the earliest maturities)
Sept. 1, 1946./ Interest rate is not and another rate or rates for the
500,000 recreational bonds. Due
to exceed 6%, payable M-S. Prin¬
Sept. 1, 1947 to 1868/ :
• :
balance, but no bid may hame /"
cipal and interest payable in New more than four rates, and each
500,000 bridge bonds. Due Sent
.
'
on
f Bond Sale
bonds
"
,
000 in 1948 to 1953, $9,000 in
1954
to
P
York
City." General
unlimited
obligations;
tax; registerable as to
bider must
amount
of
specify In his bid the ■;/-'// I, 1947 to 1971.
bonds
of "each
rate
principal only; delivery at place Each rate must be bid for bonds
choice,.; A separate of: consecutive maturities. /; The
■;
/ ,?1* T' K
.:■} L! f
si: :•//•/••/;/;///./// 0 .1:1 J /'/C
i l1 :
of purchasers'
:
-
yfrK<lr::.7?Z
500,000 paving /(city's portion)
SePt-
i947.t<»
,-V"
■
V^f.^,;;>^,Vvy;r>.-v
/■•■'V''
164'
Volume
^
V.
■
r
Dated Sept;
v'.'
X;Franklin County (P. O. X'X
Columbus, Ohio
•<"'
Bond Sale Cancelled
•ADehomina- j
—
Coshocton^
Ordinance
,
>
Ohio
Bond
,
of
$500, payable to the City.
Cleveland, jointly,
Sale
Bond
—•'
as
The
bonds amounting to
prosbyTownship Loc^
(P. O. Harrison), Ohio
$4,700 on Sept. 15
from 1947. to 1966 inclusive. Other
*> f*
Bidder ',
/int. Bate Rate-Bid
101.337
1%%
Braun, Bosworth &
\
. Co.,'
Inc.
Walter, Woody &
1%%
,
100.464
and Pox,
.Reusch. &
Provident
Trust
-
1%%
jointly-
Co.,
Van
Lahr,
'
Doll & Isphording,
and t-y- Weil. Roth & Irving Co*.Jointly
I-—..-.—-—
,
100.354
Bank &
Savings
Co.,
.
,
2%
1946
Defiance County
(P. O.
Defiance), Ohio
\
f
Election
Bond
An
• —
issue
of
■
$500 OCO court house construction
bonds will be submitted to the
ejection.
Fairfield, .Ohio
Bond
Sale—The
,
,
'
.
-
bonds
These bonds are all dated Aug.
„
f
aggre¬ 1, 1946. Interest payable M-S.
gating $10,500, offered for sale on
Aug. 2 — v. 164, p. 473 -- were
awarded to .the, Jirst National
Bank of Osborn, at par, as fol¬
Lebanon Exempted Village ;
Sch. Dist., Ohio
$6,50(1
fire
apparatus
bonds
as
will receive sealed
bids
noon
on
Aug. 27, for the purchase of $250,$650 from Sept. -1, 1946 to Q0Q building bonds,, to bear not
interest.
Dated
1955, inclusive. Interest, pay* exceeding 3%
Aug. 1, 1946.
Denomination $1,able-M-Sl
l%s. Dated Sept. 1, 1945. Due
,
?qU^7 $- '°?° fr0m Sept 4,. 1948 to
inC'USiVe- Interest Payable
Forest Grove, Ore.
'
!
Bond Offering—Sealed bids will
p-m-on Au§
12, by the City Recorder, for the
purchase of $300,000 water sys¬
April 15,
semi-annually
inclusive.
100.78 for
of
;
tem
l%s
was
Bond
Election—An
building
submitted
to
issue
the
the
at
niSiie
of the
election to be held on Aug. 20,
■
bonds offered fpr sale
j.,
Mericka
Vi? «ol?nd> basis of
as 2^4S>
101089
a
P
tmn
$1,000.
These bonds
frU*?,T0^Crin^rElySe Dee> Bis» w receive sealed
of $92,000 school l°v the Purchase
lq?nnnn if' ^ bonds, maturing
of
1Q?1
\a^U^s: $6'00(> from
♦
was
Xr^yv 164, p. 331—were
to the
National
a
/00.
mu
These
the
on Aug. 5
739—were awarded to
N.
bidder
the
/was
highest
National
First
Bank, of Eugene. :
$3,700
<f. O; Lebanon)* Or!
Voted—At a recent elect¬
voters
S*h' »<*'•
f.
*u
the
ion
Valley Bank, West Alexandria, for
l v4S, at a
price of 101.699.
approved the issu-
$300,000
u
construction
bonds by a large margin, accord¬
/
Cincinnati, offering 100 66
Co. of
2^4% and 100.57 for
for $6,500 as
$4,000 as 2JAs.
*
White ■ &, opinion of Peck, Shaffer & Wil¬
Fox
;
■>
liams, of Cincinnati, will be fur¬
nished.
A certified check for $5,-
for
on
Aug. 20 to have the voters
Voted*-lt v is • reported
that at an election held recently
nf%iV9R nnSnaPPr0Vqd the issuance
$136,000 sewer system bonds.
or
Tillamook, Ore*
pass
the issuance of $300,000 county
000, payable to the Board of EduBonds
held
Voted—At
voters
election
Marietta, Ohio
July 23, the voters are
Bond Sale—The $49,000 build¬
said to have approved the issu¬
offered for sale on July : Bond Sale—The $50,000 street
ance
of $200,000 school district
12—v 164, p. 331—were award¬ improvement bonds offered Aug.
construction bonds,
ed to the First National Bank, of 7__v. 164, p. 603—were awarded
Carrollton, as 2s, at a price -of to Halsey, Stuart & Co., as 1V4S,
Midwest City Sch. Dist. (P. O.
101.00,. a basis of about 139%. at a price of 100.586, a basis of
Midwest City), Okla.
about 1.243%.
Dated Aug. 1, 1946 r Bond Sale—The
Dated Aug. 1, 1946. Denom $1,000.
$47,000 site and
These bonds are due in 1947: to and due $5,000 on Nov. 1 from furniture bonds offered for sale
1947 to 1956 inclusive. Other bids, on
1966.; Interest payable M-N.
July 23—v. 164 p. 603—were
also for iy4s: Hayden, Miller & awarded
jointly to C. Edgar HonFranklin County (P., O.
Co., 100.542; Braun, Bosworth & nold of Oklahoma City, and Evan
!
.Columbus)* Ohio '
Co., Inc., 100.408; J. A. White & L. Davis of Tulsa, divided as fol¬
Bond Offering—Wm. F/ Berk100.338; Katz & O'Brien. lows: $39,000 as 3s, due $3,000
sewer
on
ton),
hkn w
bonds
•
"
of
recent
$90 000
Ore.
^lThe *450,000 road
offered for sale
Aug. 3—
«
on
PENNSYLVANIA
Allegheny County (P* Q, Pitu+
burgh), Pa.' X
■
Bond Sale—The following bonds
amounting to $5,100,000, offered
1
awarded
Dated Oct. 1, 1946. DeinSand,,as ls/4sr at a price of
$ls600, on®
100.01, a/basis of about 1.74%.
f°J"n
bonds are due $5,600 Jan. Dated Aug. 1, 1946. - Denomina-
interest:
nomination
These
Sachs
Perry, Okie.
Bond
Election—It is
Robert W.
at
an
stated
by
Wilson, City Clerk, that
election to be held
on Aug.
the voters will be asked to
pass upon the issuance of the fol¬
lowing bonds aggregating $565,-
20,
JulyX 1948 $5,000
l90nnn ?°' These notes are due
Jan. and $4,000 July
?H00.June and InterestDee. 1 in 000: $250,000 hospital and equip¬
^2'500
$4,000 : Jan. and July 1. 1950 to IJ47 to 1955.
payable
ment; $174,000 sewers and dis¬
1972.- Rate of interest to be in
/
'
"
«
-f posal plant; $87,000 water works
multiples of V4 of
v
1%; :.%****
South Euclid, Ohio
and $54,000 White Way bonds.
and interest payable at ;he 'CounBond Tenders Invited—It is rety Treasurer's office.:-Bonds will
OREGON
be delivered free of
cbjr^e to any ported that Lester L. Askue, City
Auditor
is receiving sealed ten¬
bank designated m the City of
Clackamas County Sch. Dist. 1
No. 46 (P. O. Sandy), Ore.
Columbus.
Purchaser mus P y ders until noon on Aug. 26, of the
Bond Offering—Sealed bids will
charges, if any, for delivery out¬ ? ?oSoo
™?ing bonds> dated July
side the City of Columbus. A <?erbe received until 7:30 p.m. on Aug.
and $5,000 on
&
Co.,
Hallgarten & Co.,
Hornblower & Weeks, Bacon, Ste¬
venson
& Co., Eldredge & Co.
Spencer Trask & Co., First of
Michigan Corp., Geo. B. Gibbons
&
Co
Inc., all of New York,
Phrnr
c
iCo'' of Philadelphia,
uPs' ^chmertz & Robinson, of
Pittsburgh, Harvey Fisk & Sons
Newburger, Loeb & Co., both of
DoIphin
-
tilled
value
check
;or
of the bonds bid
quired.
l% of the par
for, is re
,
,
-
Ti?
maturin« on July 1,
qfiS
1968
The amount on hand available for purchase is said to be
ap¬
by /Melvin
Smith,. District
Clerk, for the purchase of $40,000
proximately $60,000.
construction
;?
12,
bonds.
;
.
l%s.
1
"
-
1 Va %
'
Clifton Heights, Pa. "
Bond Sale—The $28,000 refund¬
f
ing bonds offered for sale on Aug.
6—v, ;164, p. 604—were awarded
A.
to
of
Webster Dougherty
& Co.,
Philadelphia, as X/2S, at a price
100.69, a basis of about 1.392%,
of
Dated
Aug.
tion $1,000.
$2,000
1, 1946. /■ Denomina¬
These bonds are due
Aug. 1 in 1947 to 1960.
on
'
■
; /
Morrisville, Pa.Offering
receive
sealed
J
William
—
H.
Secretary, will
bids
until
7
p.m.
Aug. 20, for the < purchase of
$45,000 1, Wu XVz, 1%, 2, 2V4, or
2V2% improvement coupon bonds.
on
Dated
Sept. 1, 1946.
Denomina¬
$1,000. These bonds are due
$3,000 from Sept. 1, 1947 to 1961.
Bonds maturing in 1952 to 1961,
tion
callable
are
and
par
in
whole
accrued
or in part
interest on
1, 1951, v Bids will be re¬
ceived for the entire issue at
any
of the above rates of
interest, but
no
bid
combining two
different
rates will be accepted.
able as to principal
Registeronly.
These
valorem
taxes.
subject to
the
opinion / of Townsend,
Is¬
favorable
Elliott
•
&
Munson, of Philadelphia, and will
be delivered to the purchaser
only
if
and
after
the
proceedings
issuance
thereof
have been approved by the De¬
partment of Internal Affairs. En¬
close
certified check for 2%
a
of
Springfield Township Sch. Dist.
(P. O. Springfield), Pa.
$ Bond Offering—Harriet S. Mar¬
District Secretary, will
re¬
Sept. 6, for the purchase of $100,000 3/4, 7/8, 1, ll/s, 1V4, 13/s, IVz,
1%, 13/4, 17/8 or 2% improvement
coupon bonds. Dated Sept, 1,1946.
Denom. $1,000. • These bonds are
,
164,
p.; 331-—were
to ? McDonald & Co., of
&
for
for
land, according to report,
•
3—v.
Rollins
highest was E. H.
Sons, offering 100.187
ceive
-
Aug.
Next
the First National Bank of Port¬
*
600 Sewer- District Mifflin No. I,
trunk sewer improvement No. 195
bonds to bear not exceeding 2%
bonds.
the face amount of the
bonds, pay¬
able to the Borough Treasurer.
' from 1949 to 1961, and' the re¬ tor sale on Aug. 6—v. 164,
the Board of 100.222.
p 603
County Commissioners, will re¬
were
awarded to a syndicate
maining $8,000 as 2s, due $3,000
ceive sealed bids until 10. a m. on i'■! Menton"On~the*Lake, Ohio
composed of Halse.y, Stuart & Co
Note Sale—The $40,5Q0 sewer 5oJ962 ®nd 1963' and $2,000 in
Aug. 30, for the purchase of $203,Iu04, ^ \ry',,
Securities Corp., Goldman,
\V„r)^
V •:,; '
;
system notes offered for sale on
Clerk; of
hemer,
offer by Blair &
an
of X00.547
X: 164» P- 474—were purchased by shall,
,
.
a
Umatilla County (Pw O* Pendle-
,
■
issuance
at
construction bonds.
ing bonds
_
approved
the
election
an
was
Co./ Inc.j"
authorizing the
Bonds Voted—It is reported that
the
Miami, Okla.
cation, is required.
best bid
sued
^
hospital bonds,
.
Local Sch. Diet., Ohio
Prineville, Ore.
y
•
...
Bunner-up • was,J« A,
price of 100.0101, a basis
Dated Aug. 1,
1946.
Due $25,000 from Aug. 1,
1947 to 1956, inclusive.
Second
a
about 0.995%.
unlimited ad
4,000
*
Is, at
of
obligations will be payable from
ing to report.
OKLAHOMA
municipals building. bonds 000. These bonds are due Nov.
Jackson County (P, O. Alius),
as 2s. Dated July 1, 1945. Due
1, as follows: $10,000 in 1947 to
'Okla.
$400 oii Sept. X- in 1946 to 1960, and $11,000 in 1961 to 1970.
Bond Election—It is stated by
1955, inclusive, interest pay- Rate of interest to be in multiples A; GyT; Vaughan; County Attor*
of
Vi
of 1%.
The approving
-able* M-S.
~
ney, that an election is scheduled
Aug. 5—
on
164, p. 603—were awarded to
Phillip J. Davidson of Beaver, as
at
'
.*
bonds offered for sale
County, Lebanon Union High Sept.
Linn
The
Twin
was
Dated
to 1957 inclusive. The next
price of 100.84
bidder
;
v.
Howell, Borough
Tripp Co., of Port¬
Aug. 1, 1946.
Dernomination $1,000. -Xhese bonds
awarded are
due $1,000 from July 1
Bank of
1948
Dated
Denomination $3,bonds are due
next, highest
Chas.
land.
Aug,
Interest payable A-O.
:
.
Beaver County (P. O. Beaver), Pa.
Bond Sale—The
$250,000 coupon
semi-annual
general
obligation
Bond
bonds offered for sale
April and Oct. 1, from 1947 to
1971.
1, 1946. Denomina¬
Interest payable F-A,
B«nd Sale—The $10,000 water
u
,°o{Jb0iLt 1-422%.
9nn
.
Eugene), Ore.
Bond Sale—The $185,000 build¬
Eaton, as IV2s, at
,
p-
on
•
Dated Aug.
tion $1,000.
Supply District (P. O.
Ohio
bonds offered for sale
vX'-c-:v
1,818,000 series 9A, peoples air¬
s'/ y; port bonds..
/ X;;.'1
Lane County, College Crest Water
West Alexandria Local Sch. Dist.,
'Eaton
inclusive, and $8,000
lOfiS
in lyoQ,
due
Ryan, Sutherland & Co., for 2y4s
at a price of 100.64.
ing
,
hiie
Interest payable
The next highest bidder
Madras),
Oregon
2.14%.
are
,X'i bonds.
*1?fZ?onSounty Union High
of
a P^ce
about
•.
.
Sch. Dist. No. I (Pf O.
Denomina-
1947 to 1969.
J-D.
&. Co.,
must
-
Si 450,000 series 33A, peoples bridge
bonds./• a
;
\v.
990,000 series 55A, peoples road
■
Aug;
on
Avalu<?of the bonds 2%
certified check for
par
ceme¬
tery bonds.
accompany the bid.
Warrensville Heights Local
Sch. Dist. (P. Q. Cleveland),
; Ohio
■; ■ m
vBond Sale—The $235,000 build¬
ing
1
McCulloch, Shuler &
Kelley of Portland, will be fur-
be
voters
not
The^ approving; opinion of Tela
Winfree,
of
will
bonds
is
•
+•
Walnut Township Sch. Dist. (P.O.
$66,000
rate
1Q4?' f
$2,000 in
lo^t t°o ?49' $7'000 in 1950 and
+ln 1952 to 1954» $9,iqri1.11
1982, and $4>000 ib
lyoo, optional on Aug. 1
lQ^n
nnn
Millersport), Ohio
Interest
•/
4%, payable F-A. Denommation $!,000, Dated Aug. 1,
Cincinnati, jointly.
j
bonds.
to exceed
high
made
Second
bonds.
102,000 series 3, Veterans'
602—
p.
M-S
dated
mature
iy4s—v, 164,.
as
haled-by them at a Price
100.35,.a basis of about 1.19%
or
by Harris Trust & Savings Bank,
Chicago, and J. A. White & Co.,
Bond Offering—-Wm. W. Shurts,
Clerk of the Board of Education,
lows:
"
bid
in
equipment bonds. Due Sept.
1, in 1947 to 1968.
Denom.
$1,000.
general
at the November
voters
1968
to
Wm,
387,390 series B, playground and
recreation
center
improve¬
ment bonds. Due Sept. 1, 1947
to 1966.
Denom. $1,000, one
for $1,390.
105,000
incinerator plant and
*
and
are
120,000 series 8, tunnel bonds.
300,000 series 15, park bonds. ',/>
270,000 series 15, public building
that the $30,bonds sold
to
construction
jointly,
? \u164> P- 603—were awarded
to
$700.
BmaU-^llbum Co,. —VU .100.40
000
April 15 and Oct. 15 from 1947
on
■;
$2,025,706 series B, sanitary sewer
and disposal plant bonds. Due
Sept.
1, in
1947 to 1971.
Denomination $1,000, one for
101.144
bonds
County Ochoco Sch. Dist. $300,000 series 54, road bonds.
Prineville)* Ore.
750,000 series 32, bridge bonds.
TrinZCen& Cu' und of Portland
the Chas- N.
Tripp
Co.,
both
Co., Inc., of Toledo,
Company of Colum¬
bus, jointly, as iy2s, at a price of
101.214,'-a basis of about 1.38%.
$2,518,000 of¬
5—v. 164,
basis of about 1.465%:
,
'
Heimerdinger,
the
and the Ohio
The
875
*It is now stated by
District Clerk
4-u
Bosworth &
following
Provident U- Savings
Bank & Trust Co., of Cincinnati,
Ohio Co. of Columbus, Weil, Roth
& Irving Co.,'and Van Lahr, Doll
& Isphording, both of Cincinnati,
as
l%s, at a price of 100.258, a
Cleveland,
Bids:
1
an or-
ing bonds offered Aug. 7—v. 164,
p. 603—were awarded to Braun,
fered for sale on Aug.
due
Ityan, Sutherland $ Co.—
"
(P. O.
Urbana City School District; Ohio
Bond Sale—The $496,000 build¬
l^s,
P, 474—Were awarded to a syn¬
■: Bond Sale—The
$94,000 build- ! dicate
composed of Blyth & Co.,
itig bonds offered Aug. 4—v. 164, of New
York, Braun, Bosworth &
p. 603—were
awarded to J. A.
Co., Inc., Salomon Bros. & HutzWhite & Co,, of Cincinnati,
as
ler, B. J. Van Ingen & Co., both
t%s, at a price of 102.035, a basis of New York, Fahey, Clark & Co.,
of about 1.508%.
Dated Sept. 15,
Hayden, Miller & Co., both of
and
Crook
and $3,000 July 1, 1947 to 1961.
.
1946
«"
for.the issuance of
at
Bidders may bid for a different
a price of 100.01, a basis of about
rate of interest in a multiple of
1.74%. These bonds were author¬
*A of 1%.
The approving opin¬
ized st the election held on May
ion of Squire, Sanders & Demp7, 1946. cey, of Cleveland, will' be furiiishedj Enclose a certified check;
Hamilton* Ohio
for
'■" "■
■'', X,
'*■'
Passed —The
County Commissioners, has an¬ $75,000 2 y4% municipal light and
nounced that the sale of the $203,- power system bonds. Dated July
600 Sewer District Mifflin No. 1 X
1946,
Denomination
$ 1,000.
trunk sewer improvement No. 195 These bonds are due
$2,000 Jan.
Offering—W\ J. Ceall,
City Auditor, will receive sealed
bids until noon on Aug. 26 for bonds scheduled for, Aug. 30, has
the purchase Of $30,876.57 street been cancelled.
improvement bonds, not exceed¬
Franklin School District, Ohio
ing 3%, interest." * Dated Sept. 1,
Bonds Sold—The $350,000 con¬
1946.
Denomination $1,000, one
struction bonds were purchased
fpr $376.57. These bonds are due
recently by Hayden, Miller & Co.,
on
Sept. 1, as follows: $3,000 in
and the National .City Bank, both
1S47 to 1955, and $3,876.57 in 1956.
*
' V •'•
Spencerville, Ohio
Bond
Pf
s
''•'
•
■■/■••'.';■.'/• ./f X'X
William Village Council has passed
1,1946.
$1^00^^ Interest payable M-S. F. Berkhemer, Clerk of the BoaFd
tian
--V"■*-■:;-'■• ;;-i.-...;v
vV/.',-.,. v.'-;
^•••'•■'
'■•■'• X' { ''.■ v'V"
X,"
;
THE COMMERCIAL & FINANCIAL CHRONICLE
Due; Sept, 1, in 1947^ to 1969.
i
/Hv
Number 4515
500,000 zoological gardeqXoOnds.
.:
:v;■-'■■
^•;\'<o;■' :'•'- 'v. :
VX/// iv\ W\
;,v ,v
,
Philadelphia,
&
Co.,
of
AlfredO'Gara
&
due
sealed bids until
Stokes
Co.,
&
Glover &
Co.,
Bids will be received for the
at
a
of
Pittsburgh,
price of 100.799,
a
as
X/2 s,
basis of
en¬
tire issue
at any of the above
rates of interest, but no bid com¬
bining two different rates of in¬
terest will be considered.
bonds
These
issued
subject to the
favorable opinion of Townsend,
Elliott & Munson, of Philadelphia
are
and will be delivered to the pur¬
chaser only if and after the pro¬
ceedings authorizing the issuance
thereof
the
have
been
Department
fairs.
Enclose
approved by
Internal Af¬
of
a
certified
check
for 2% of the face amount of the
bonds,
payable
the
to
District
Treasurer.
Walter
Philadelphia,
MacGregor, and Thomas
& Co., both of
about
Pittsburgh,
on
Sept. T, as follows: $6,000
1962, and $4,000 in 1963.
on
■
&
p.m.
in 1947 to
Co., of Chicago, S. K. Cunning¬
ham
7
;
Bond
West View, Pa. Offering — R. G.
President
will
of
receive
the
Town
sealed
Ford,
Council,
bids
until
8
Aug. 13, for the purchase
$60,000 borough coupon bonds.
Dated Aug. 1, 1946. Denom. $1,p. m. on
of
.
1.43%;
000.
These
bonds
are
due
$2,000
Monday, August 12,1946
THE COMMERCIAL & FINANCIAL CHRONICLE
*76
164, p., 604—^w.ere awarded to
syndicate composed of C. F.
Childs & Cov of Chicago, Milton
multiple of V± of 1%, and must be
R. Underwood & Co., of Houston,
the same for all of the bonds. The
Stranahan, Harris & Co., Inc., of
purchaser will receive without
charge the opinion of Burgwin & Toledo, McClung & Knickerbock¬
Churchill, of Pittsburgh, that the er, J. R. Phillips Investment Co.,
both of Houston, Kalman & Co.,
bonds are valid, general obliga¬
tions of the Borough.
Enclose a of St. Paul, Crummer &' Co., of
Dallas, R. J. Edwards, Inc., of
certified check for $1,200, pay
Oklahoma City, Dempsey-Tegeler
able to the Borough.
&
Co., of St. Louis, Louis B.
SOUTH CAROLINA
Henry Investments, Dallas, Rupe
& Son, Rauscher, Pierce & Co., all
Spartanburg County (P. O.
of Dallas, and the Soden-Zahner
Spartanburg), S. C.
Co., of Kansas City, at a price of
Bond Offering—R. H. Ashmore,
par, as follows: For $1,400,000 ma¬
Clerk of the County Board, will turing $200,000 Feb. 15, 1947 to
receive sealed bids until 11 a.m. 1953, as 2s, and $1,600,000 matur¬
on Aug.
27 for the purchase of ing $200,000 Feb. 15, 1954 to 1961,
$150,000 series "H," road improve¬ as 2V2S. Interest payable F-A. The
ment coupon bonds, not exceed¬ bonds are optional on or after
ing 3% interest.
Dated Sept. 1, Feb. 15, 1952.
1946.
Denomination $1,000. These
Corpus Christi, Texas
bonds are due $15,000 Sept. 1,1950
Bond Judgment Rendered—Acto 1959.
Rate of interest to be in
Cording to press reports, the 10th
Aug. 1, 1947 to 1976. Bidders
name
the rate of interest in
to
a
r--V.
a
1
multiple of % of 1%. The pur¬
chaser will be furnished with the
a
opinion of Reed, Hoyt
of Civil Appeals has or¬
dered the City of Corpus Christi,
pay
years
from
The approved the issuance of $400,000
date,
construction bonds.
King County Sch.i Diets. (P. O.
Seattle), Wash.
Bond Offering—Carroll Carter,
"
•
•
County
Treasurer,
will
receive
1956,
1958,
1960,
1962,
1964,
in
in
in
in
$181,000 in.
$157,000
$163,000
$168,000
$174,000
000 in
1957,
1959,
1961,
1963,
1965,
$160,000 in
$166,000 in
$171,000 in
$177,000 in
and $184,*
Said bonds will be
1966,
optional Sept. 1, 1952.
for the
thereafter on April 10 and Oct.
purchase of the following bonds Spokane Orchard Park Sch. Dists
10, eachj year, except the lasU.
No. 143 (P. O.Spokane),
amounting to $179,500:
These bonds are payable from an
Wash.
)
At 11 a.m.
unlimited ad valorem tax and
Bond
Offering — Frank
J,"
from net revenues of the Water¬ $95,000 Mercer Island School Dis¬
Glover, County Treasurer, will re¬
tricts No. 40 bonds, not ex¬
works and Sanitary Sewer Sys¬
ceive sealed bids until 10 a .m. on
tem. A 2% good faith check will
ceeding 3 % interest.
Dated
Aug. 12, for the purchase of $136,*
be required.
Aug. 15, 1946.
Due Aug. 15
It is contemplated
000 school coupon bonds, to bear
as follows: $4,500 in 1948 to
the District will, at its own ex¬
not exceeding 3% interest. Dated
.-<•
1953, $5,000 in 1954 to 1960.
pense, furnish the approving opin¬
Denomination $1,and $5,500 in 1961 to 1966. Aug. 1, 1946.
ion
of
Vandewater,
Sykes
&
10,
semi-annually
and
1 9 4 7,
Heckler, of New-York City.
sealed bids until Aug. 30
Said bonds will be sold with
,
the
Hawkins, Texas
Bond Sale—The following bonds
grimson, Horowitz & Turner,
approving the le¬
gality of the same.
164, p. 604—.
were
awarded to the First Na¬
tional Bank, of Mineola, as l^s:
sale on July 30—v.
$55,000 water works bonds.
Due
from 1947 to 1956 inclusive.
- sewer ; system
Due from 1947 to 1956
sanitary
85,000
bonds.
.
bonds
inclusive.
opinion of Preston, Thor-
of Seattle,
amounting to $200,000, offered for
to holders of water
$1,884,558.07. This
the third judgment given in
revenue
10
place of payment has not been
determined,-but will be either at
the State Treasurer's office^ or at
one
of
the
large
banks
in
Houston;
Interest payable Oct.
Court
& Wash¬ Tex., to.
burn, of New York, that the bonds
are valid and binding obligations
after
/
will
run
for a
be
will
serially,
payable
com¬
mencing at the end of the second
year
At 1:30 p.m.
bonds
Said
000.
period of 20 years after date and
will be amortized and mature and
and
after such date of said bonds,
such annual amounts as
in
84,500 Federal Way School Dis- will together with interest on the
V, trict No. 210 bonds, not ex¬ outstanding bonds*of said bond
ceeding; 3 % interest.
Dated issue, be met and. paid by equal
Septc 1, 1946.
Due Sept. 1,
as follows: $5,000 in 1948 to
1950, $5,500 in 1951 to 1953,
C
annual tax
levies/ The approving
opinion of Burcham & Blair, of
Spokane^ will be^ funrishetL the *;
$6,000 in 1954 arid 1955, $6,500 successful bidder;
All bids, for
in 1956 to 1958, $7,000 in 1959 said bonds shall be unconditional,v
inclusive.
and 1960, and $7,500 in 1961.
Enclose a certified check for 5% •
45,000 street improvement bonds. Denomination $500. Principal and of the bid.
County.
Due from 1947 to 1956 inclu¬
Goodrich Indep. Sch. Dist. (P. O.
interest payable at the County
Thurston County (P. O. Olympia)*.
sive.
Goodrich), Texas
Treasurer's office. > The Sichool
SOUTH DAKOTA
Wash
v;
Dated Aug. 1, 1946.
Interest District reserves the right to re¬
Bond Offering—Sealed bids will
Britton Sch. Dist., S. Dak,
These - bonds were deem any or all of the unmatured •; Bonds Voted—The voters are
be received until* 8 p.m. on Aug. payable F-A.
Bonds V o f e d — An issue of
16, by J. D. Edmonds, Secretary authorized at the election held on and outstanding, bonds of this is¬ ported to have given their ap*
$200,000 construction bonds was of the Board of Trustees, for the July 6, 1946.
proval at a recent election to a
sue at par on any* interest date, in
favorable voted at the election
O'Donnell Consolidated Indep.
inverse numerical order, on and proposal calling, for the issuance
purchase of the following bonds
held on July 30.
of
$306,000
county
port cold
School District, Texas
aggregating $66,000:
after five years from the date of
storage space bonds.
Burke, S. Dak.
Legality
Approved—The
fol¬ the issue.
$60,000 school house bonds. Due
Each District has by
is
Enclose a cer- this case and replaces a judgment
tified check for 2% of the amount of $1,760,222.56 awarded to bond¬
of bonds bid for, payable to the holders on June 13.
the
County.
; 15,000 City
hall and fire station
-.
bondsr Due from 1947 to 1956
*
-
Voted—An issue of $35,bonds was approved
the election held on July 16.
:V Bonds
000 2% sewer
at
Redfield, S. Dak.
Bonds Offered — I. N. Klaus,
received sealed bids
p.m. on Aug. 9, for the
City Clerk,
until
7
Sept. 1; $1,000 in 1947 and
on
1948, $3,000 in 1949 to 1952,
$4,000 in 1953, and $7,000 in
1954 to 1959.,
6,000 refunding bonds. Due $1,000 on Sept. 1 in 1947 to 1952,
inclusive.
Interest rate is not to exceed
purchase / of
$125,000
hospital
bonds at not exceeding 2% inter¬ 3%, in multiples of Vs of 1%.
Bidders are required to name a
est.
Dated Jan. 1, 1947. Denom.
rate or combination of rates which
$1,000. These bonds are due Jan. 1
is nearest par and accrued in¬
as follows: $6,000 in 1948 to 1962
terest. Denomination $1,000. Dated
and $7,000 in 1963 to 1967. Callable
Sept. 1, 1946.
Principal and in¬
on Jan. 1, 1957, Principal and in
(J-J) payable at
Treasurer's office.
terest
the City
TENNESSEE
Tullahoma,
Tenn.
of Nashville, at a price of
100.037, a net interest cost of
about L545%, as follows: $25,000
maturing $5,000 June 1, 1948 to
1952 as 2s, and $75,000 maturing
June 1, $7,000 in 1953 to 1957, and
$10,000 in 1958 to 1961 as l%s. In¬
terest payable J-D.
Dated June
1, 1946.
The next highest bid-,
der was the Nashville Securities
$60,000 l3,4s,
and $40,000 IV2S, at a price of
100.085, a net interest cost of
Corp.; Nashville, for:
about 1.597%.
/
TEXAS
Albany, Texas
Bond Election — An issue
$65,000
hospital
bonds
will
submitted to the voters at an
tion to be held on
jArinona
Indep. Sch. Dist,
Annona), Texas.
(P. O.
.
— It is stated
Superintendent of Schools
$35,000 not to; exceed 5%
by the
by the district.
A certified
offered
check for $1,320,
at that time.)
Hallettsville,
Bond
Sale—The $125,000 elec¬
approved
been
as
to
legality by Dumas & Huguenin,
of Dallas: $75,000 series of 1946
school, and 77,500 series of 1946
refunding bonds.
1
Dated May 15, 1946.
Austin.
of the electors there¬
in, in the manner feqtdred by law,
irrevocably pledged itself to make
annual levies of taxes without
and by vote
limitation upon all the property
Texas
•
•
,
retary of the Authority, has an¬
that
nounced
bonds
are
various
revenue
called for payment oil
subject to taxation Sept. 1. Payment of principal and
the interest will be made at the;
Bond
Cowan, interest arid principal of the bonds Seattle Trust & Savings Bank*
as the same shall accrue.
Bidders Seattle, or at the, Chemical Banlc
City Secretary, will receive sealed
In¬
bids until 8 p.m. on Aug. 13, for are required to submit a bid spe¬ & Trust Co., New York City.
the purchase of $150,000 street im¬ cifying either (a) the lowest rate terest ceases on date called.
provement bonds, to bear not ex¬
ceeding 2% interest. These bonds
period of 25 years.
certified check for $1,-
over a
a
amount sufficient to pay
an
of interest and
premium, if any,
which said bidder
purchase said bonds; or (b)
shall
the lowest rate of interest at which
will
bidder
said
purchase
bonds at par. Enclose a certified
check for 5% of the amount bid
Refugio County Road District
No. 2 (P.O. Refugio), Texas
for.
Bond Sale—The $220,000 road
Pullman, Wash.
bonds offered for sale oiteAug. 1,
were awarded to Buss &*Co., of
; Bond Offering—Frankie Allen,
San Antonio, at a net interest cost City Clerk, will receive sealed
bids until 7:30 p.m. on Aug. 20,
of about 1.459%.
for the purchase of $120,000 sew¬
Royse City, Texas
Bonds Sold—An issue of $30,000 age treatment plant and water
works revenue bonds, to bear not
series of 1946 33fe% sewer revenue
2%
interest.
Dated
bonds has been purchased recently exceeding
July 1, 1946.
Denomination $1,by Hatcher & Co., Of Dallas. Dated
000.
These bonds are due July
Jan. 1, 1946.
Legality approved
1, as follows: $4,000 in 1948 to
by McCall, Parkhurst & CrOwe,
of
Dallas.
These bonds
were 1953, $5,000 in 1954 to 1965, arid
favorably voted at an election held $6,000 in 1966 to 1971. Principal
and interest payable at the City
on Dec. 15,1946.
Treasurer's office. The approving
police
IV2S.
station
Due
Feb.
bonds
1,
1947
as
awarded to
to
1956.
1961.
100,000 street improvement bonds
as
2s.
Due
Feb.
syndicate composed
of Blyth
50,000 sewer improvement bonds
as iy2s.
Due Feb. 1, 1947 to
WEST
above par at
the
1, 1947 to
1, 1945. Due on Sept. until 8 p.m. on Aug. 12 for the
1971.
1 in 1947 to 1976.
Denominations purchase of $400,000 water works
165,000 sewer disposal bonds as
and sanitary sewer system rev¬
$1,000 and $500.
*
,
2s.
Due Feb. 1, 1947 to 1971.
enue
and tax
supported. bonds,
Interest payable F-A.
Big Sandy Indep. Sch, Dist.,
not
exceeding
3 V2 %
interest.
Texas
Dated Aug. 10, 1946. These bonds Stamford Sch. Dist. (P. O. Stam¬
Bond Sale —The $30,000 school
ford ), Texas
are
due on Oct. 10, as follows:
house bonds offered for sale on
Bonds
Voted—It
is
reported
$3,000 in 1948, $4,000 in 1949, $7,July 18, were awarded to the 000 in 1950 to
that the issuance of $150,000 im¬
1953, $8,000 in 1954,
First State Bank of Gladewater.
$10,000 in 1955 and 1956, $11,000 provement bonds was approved by
Dated Aug. 1, 1946. Denom. $1,000.
in 1957 and 1958, $12,000 in 1959, the voters at a recent election.
These bonds are due on Oct. 1,
$13,000 in 1960, $15,000 in 1961
from 1947 to 1966.
Authorized at
WASHINGTON
and 1962, $16,000 in 1963, $18,000
the election held on June 1.
V
in 1964, $19,000 in 1965 and 1966,
Grays Harbor County, Aberdeen
Sch. Dist. (P. O, Montesano),
Chambers County (P.O.. V V $22,000 in 1967 to 1969, $20,000
v,/; '
Wash.
Anahuac), Texas
V
* in 1970, $17,000 in 1971 to 1975,
Bonds Voted—At a recent elec¬
% Bond Sale—The $3,000,000 road and $17,000 Aug. 10, 1976. Optionon
any interest paying
date tion the voters are said to have
bonds offered for sale on Aug. 1
Dated Sept.
Washington Toll Bridge Authority
(P. O. Olympia), Wash.
Bond Call—rj. W. Hoover, Sec¬
in the Districts
in
Pecos, Texas
Offering—M. E.
$35,000
Fresh Water Supply
Dist. Nat 17 (P. O. Houston),
Harris County
Bond
Offering — A. R. Lilly,
b 0nds
July 16, but were President of the Board of Super¬
bids were received. visors," will> receive sealed bids
resolution of its board of directors
works and sewer
system revenue bonds offered for
sale on July 15, were awarded to
; Rauscher,
Pierce & Co., and
Crummer & Co., of Texas, both of
San Antonio, jointly, divided as
follows: $80,000 maturing Aug. 1,
$7,000 in 1947 to 1954, $8,000 in
1955 to 1957, as 2s, and $45,000
Sherman, Texas
opinion of Burcham & Blair, of
maturing Aug. 1, $8,000 in 1958
Bond
Sale — The
following
Spokane, will be furnished. All
and 1959, $9,000 in 1960 to 1962,
bonds amounting to $350,000, of¬
bids must be unconditional.
A
and $2,000 in 1963, as 234 s.
fered for sale on Aug. 1—v. 164,
Dated* Aug. 1, 1946.
Denomi¬ p. 475—were awarded to the certified check for 5 % must ac¬
nation $1,000.
The bonds are op¬ Northern Trust Co., of Chicago, company the bid.
tional Aug. 1,1950. Principal and and the Merchants & Planters Na¬
Seattle, Wash.
interest payable at the First Na¬ tional
Bond
Sale — The
$3,000,000
Bank, of Sherman, jointly,
tional Bank, Hallettsville. Legality
at a net interest cost of about sewer general obligation bonds of¬
approved by Gibson & Gibson, of 1.745%:
fered
for
sale
recently,
were
'
on
not sold as no
Texas
tric light, water
.refunding
semi-annual
were
elec¬
Aug. 31.
/ Bonds ;Not Sold
that
of
be
have
at a bank desig¬ are due
nated by the purchaser. The legal Enclose
approving opinion of Chapman & 000.
Cutler Of Chicago, will be fur¬
payable to the
district, must accompany the bid.
improvement bonds offered for
•sale on Aug. 2-r-v. 164, p. 475-— (These bonds had been offered on
July 25, as l%s, but were not sold
•were awarded to Websten: *& Gib¬
son,
500
terest payable
nished
$100,000 street
Bond Sale—The
lowing bonds amounting to $152,-
a
&. Co., Harriman Ripley
& Co.* Inc., Bank of America Na¬
tional Trust & Savings Associa¬
tion,
of
option to purchase the $1,000,000'
1 Vz% public schobl improvement/
bonds.
These bonds were orig-^
inally offered for sale on June 20*
Interest
payable J-J.
WISCONSIN
Spencer, Wis.
Bond
Sale—The
2%
$20,000
system bonds offered for
sale on Aug. 5—v. 164, p. 740—*
were awarded to Harley, Haydoii
sewage
Co., of Madison, at a price of
100.755, a basis of about 1.535%*
Dated May 1, 1946.
Denomina¬
tion $1,000. These bonds are duet ■
on May i; 1947 to ;1962;
The nexfcs
highest bidder was the Milwau¬
kee Co., at a price of 100.50,
&
.
CANADIAN SECTION
QUEBEC
Montreal, Que.
Refunding
O*
Investment—J.
Asselin, Chairman of the Execu¬
tive Committee, has advised that
the City Council on
a
Aug. 6, passed \
By-law providing for the re¬
Phelps funding of approximately 50% of
Francisco,
San
VIRGINIA
Fayette County (P. O. Fayette*
ville), W. Va.
Bond Option Not Exercised —
Stranahan, Harris & Co., Inc., of
Toledo, have not exercised their
Fenri & Co., of New York, Seattle- the
city's debt. The By-Law pro¬
First National Bank, of Seattle,vides for public sale, of $47,835,First National Bank, of Portland,
A. C. Allyn & Co., of Chicago, 000 U. S. Currency bonds and $57,-*
Alex.
Brown
&
Sons, of
Balti¬ 974,000 Canadian Currency bonds-
Braun, Bosworth & Co.,
Inc., Peoples National Bank of
Washington, of Seattle, Piper, Jaffray & Hopwood, of Minneapolis,
more,
First
National
Charles. N.
,
Bank
of
Everett,
&
Co.,
and
Tripp
Co.,
both
Atkinson-Jones
the
Portland, as l%s, at a price of
101.336, a net interest cost
Sept.
1,
1.6314%, to maturity. Due
as
follows:
$134,000
from 1947"
Thb price to be received!
and maturing serially
to 1975,
will be limited to not less
97.50.
Bonds
are
callable
tham
at
ai
of premium of not over 2%; depend¬
about
of about
bearing interest at 1^4% to 3$*
in
1948, $137,000 in 1949, $139,000 in
1950, $142,000 in 1951, $144,000 in
1952, $147,000 in 1953, $149,000 in
1954, $152,000 in 1955, $155,000 in
ing
oh
Tenders
maturity.
for
United States dollar bonds are ex- ;
pected to be taken on Aug. 22, and
offering
of
the
Canadian
pay-
bonds is scheduled to be made in
September/* / /
\
@FedFRASER