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WTT1945
us. km.
LIBRARY
M 0 N DAY
Reg. U. S. Pat, Office
Volume
New
Number 4413
162
General
I
RAILROAD
Aetna
See
;
Casualty
Life
Aetna
Co., below.—V.
161,
PUBLIC UTILITY
873.
p.
to
&
and
creditors
calling
ferred
on
August
14.
shareholders
for
The
Oct.
notice
6%
4,
calls
These
meetings have given their approval.—V. 161,
financial
statements, which show the
as of June 30, 1945, follow:
assets
the
of
com¬
All
liabilities
other
Capital
Surplus
$1,098,197,250
—
53,200,000
—
capital-.-——-—i--,
except
■_
—
987,892,037
15,000,000
42,105,213
—
—
—„——
————
Income
132,090,989
during lirst six months, 1945
Disbursements during first six months, 1945——
'Insurance in .• force ; y7__—
i
—
77,824,930
6,211,403,000
-
Aetna
The
assets
Casualty
;
_.
bondholders
for
will
Oct.
8
and
consider
not
shareholders
creditors
unsecured
the
plan
p.
until
for
for
and
pre¬
Oct.
Oct.
All
reserve
liabilities
other
Surety Co
&
$112,348,184
—
——
2105.
capital
■
the
month
July
of
over
placed
business
in
For
the
first
above
14%
was
j
.
July,
above
while
1944,
Automobile
The
assets
4
—
Contingency reserves
All
other
•
-
——
_
-■
*
y
These
net
increase
of
figures
for July
and
the
In
This
months
seven
brought
Total
,
—
:'44yy .^4'4
New York
Stock Exchange
(Stocks)...
—
Standard
$41,388,624
■
Curb Exchange,—
—-
All
Cleveland
Surplus
.
Disbursements
—V.
161,
-v.''."
Los Angeles
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
1,623,153
♦Gross
profit—
Sell., adm. and gen. exp..
Total
Other
$1,123,205
150,636
$989,727
$972,570
income———
15,406
$1,004,534
824
$987,975
808
199,000
214,600
tax-
195,000
§477,000
$332,359
$300,710
$313,589
——,,
795
*>i*. ;V'
*; :v'
78,000
78,000
78,000
■
$235,589
$254,359
Surplus
per
sir.
156,(no par)
$222,710 I
$1.93
$2.01
$1.95
rl
Reserve
Sheet, June 30, 1945
System
$40,000,000
during the
stock
tax,
reserve
$25,000;
for
Acacia's
As
of
2.82%.
July,
•
July 31 to $621,276,000, a gain of over
for the year.
The amount of business gained by Acacia
past seven months is exceeded by only two full years in
history.
June
1943
the
30
Now
161,
SPECIALIST IN
and
lapse
1944.
rate on
July,
comes
1944.—V.
of
as
p.
1989.
with
V.
v
qAllen
&
DEPARTMENT
Kobbe, Gearhart & Company
Company
Telephone:
HAnover 2-2600
45
NEW YORK 4, N. Y.
Bell
to
company.—V.
(&
New
York
NASSAU
Security Dealers Association
STREET, NEW YORK
1945—12 Mos.—1944
9,675,975 122,519,581
116,578,620
795,560
12,145,317
882,306
861,370
10,588,322
10,106,902,
26,825,844
24,278,095
taxes
Operating
income
Interest
on
Amort,
of
int.
346,043
270,912
2,247,849
2,126,245
27,171,887
24,549,007
debt
582,302
602,981
7,150,560
7,209,119
plant
adjusts.__
24,940
3,977
174,793
59,669
______
elec.
deductions
&
42,138
31,985
705,379
584,803
income-
208 438
172,606
2,267,646
467,057
stocks—
281,118
300,674
3,465,106
3,832,971
13,408,402
12,395,389
net
pfd.
on
earned
on
for
com.
1,108,914
931,129
stocks—
com.
Undistrib.
subs,
Amcr.
Elec.
&
net
11,055,489
10,303,476
607,002
2,352,913
2,09^912
<2,091,912
10,303,476
177,785
177.785
607,002
407,029
2,352,913
11,055,489
8,173
38,383
197,464
62,613
742,496
3,922
pfd.
931,129
61,779
com.
on
407,020
Co.
income,
_!
—
on
3,014,021
of
consolidated-
Divs.
Int.
inc.
net
Gas
above
as
7,931,634
35,405
funded
of
Bal.
2,090,840*
40,396,034
50.2C3
—
income
Gross
2,197,648
___
income
Other
2,287
43,362
30,399
1,3.82,787
1,117,305
14,391,723
13,795,264
324,025
1,027,498
stocks—
'
stocks—
bonds
on
vances
&
income
•_
taxes
&
&
—
Divs.
24,998
"21,130
deducts.
83,442
85,898
taxes__
54.589
stock—
3 40,767
45,716
140,767
income
on
pfd.
earned
.stock7
♦After
759,221
expenses
miscell.
Federal
610,256
'
ad-.
—
for
284,948
1,057,379
656,949
•
com.
—_____.iv
878.997
;
823,794
10,694,043
Banks, Corporations and Individuals have
us an effective market place for large or
10,129,774
found
small
BLOCKS of SECURITIES
4
REctor 2-3600
1
Philadelphia Telephone
which
vV; V4
are not
readily marketable,
INQUIRIES INVITED
HILL, THOMPSON
5
-
Enterprise 6015
Bell Teletype
New York 1-576
633,954
1,639,209 4 1,689,209
deducting the 10% post-war credit.—V. 162, p. 666k
...
Telephone
Teletype: NY 1-573
161,
Subs.)—Earnings—
INCORPORATED
Members
Established 1922
80 BROAD STREET
the
831,533
excess
•E
::;4'7A4
consented
The
public
prospectus
the
with¬
profits tax
♦Fed.
Other
7
INDUSTRIALS
MUNICIPAL
and
7,729,612
Bal.
Municipal llornls
has
against
covering
a
13,991,027
.
RAILS
registration
Commission
proceedings
27
stock.
of
8,094,516
12,131,709
the company's total business was
down
another
10% ; from
'
the
Feb.
common
657,285
lapses
ELECTRONICS
FLORIDA & NEW JERSEY
whether
filed
of
Commission
687,000
(net)
force
the
taxes
Int.
in
shares
by
9,917,367
____
income
♦Federal
Gen.
Acacia's business
162,
14,179,725
Total
payable and accrued accounts, $320,976; accrued
registration
1945—Month—1944
■;
___.
Divs.
813
—
its
200,000
The
discontinued
accrued
Federal and State taxes on income (est.),
contingencies (post-war readjustments and gen¬
eral contingencies), $600,000; capital stock (156,000 shares no par),.
$614,004; earned surplus, $4,569,870; total, $6,813,911.—V. 160, p. 721.
capital
$684,061;
and
authorization
determine
revenue
Undistrib.
Statement of Member Banks of
car
Nashville
1,191,760
•
Condition
freight
&
cars.—V,
1,125,610
777
821
813
automobile
Depreciation
813
813.
'
following
Louisville
cars;
50-ton
8,611,523
812
Reserve Banks
the
for
caboose
200
42,087,941
Other
Liabilities—Accounts
has withdrawn
stocks
-
orders
40
and
729,550
Reserv.
interest on investments, $11,709;
trade
accounts
receivable,
$857,817;
inventories, $1,341,807; invest¬
ments and
other assets, $1,007,518; property, plants and equipment
(after
reserves
for depreciation of
$2,910,357), $1,758,407; supplies
and prepaid expenses, $153,422; total, $6,813,911.
$1,683,231;
450.
p.
3,349,611
Other
Combined Condition Statement of Federal
Federal
Assets—Cash,
162,
696,982
Divs.
Dividends Declared and Payable..*_
in 1944 and $53,000 in 1943.
Balance
•
RR.,
813
The Course of Bank Clearings.,
♦After deducting
costs and depreciation.
tAfter deducting $8,593
overprovision for prior years.
§After deducting post-war credit of
1945, $56,000
V,
Calls and Sinking Fund
Notices
'
$80,600 in
Links—
of
500,000,000 units, production cn
by this company's Hudson
halted
3,496,289
Divs.
Foreign Exchange Rates
$2.13
♦
State and City Bond Offerings and Sales—
695,500
on
000 shs. com.
f
General Corporation and Investment News
$226,223
paid———
'
\
Miscellaneous Features
78,000
Earns,
Curb
.
Redemption
Dividends
also
Maintenance
795
$304,223
profits
809
Exchange,
795
••
1252,907
§504,000.
profit——
Net
been
received
cars
Period End. June 30—
811
7,649
§725,400
inc.
State
Curb
Exchange,,
$1,260,278
2,386
taxes.
and
See
,
Operation
Stock and Bond Averages
Estimated prov.for Fed.
Excess
note
used
be
stock.
Subsidiaries Coiisol.:
809
810
box
to
acquisition
.
will
Co.
stock.
preferred
plant, Mr. Sullivan stated.—V.
omissions.
*
,
808
Stock Exchange..
30,570
$1,272,359
of
Production
nearly
has
Alton
followed
and
1306..
Operating
,
Transactions New York
$1,229,708
14,808
deductions-
negotiable
a
Proceeds
approving an authorized issue
stock, par $100; and elimi¬
on
shares
American Gas & Electric Co.
808
Over-the-Counter Markets—,
$1,373,297
143,589
$1,251,639
income-!,,—'—
Other
Stock Exchange.,
Transactions New York Stock Exchange,,
1942
1943
$1,117,954
j 128,227
of
debentures
contained
808
Montreal
20,719
profit——
Operating
$1,429,948
178,308
issue
preferred
Co.—Halts
has
The
examination
drawal
Toronto Stock Exchange—Curb Section—,
(& Subs.)—Earnings—
1944
Sept. 5
600,000
links
ths
at
company
p.
Montreal Stock Exchange.
1945
to
date.
American Engineering Co.—Registration Witharawn-rThe
St. Louis Stock Exchange
1,708,171
1945—.:
Adams-Millis Corp.
vote
cumulative
Can
50-ton
Toronto
$8,220,268
——
y
807
650,000
6 Mos. End. June 30—
.
its
p,;665.
807
1,000,000
\
■
of
company
withdrawal
Detroit Stock Exchange
2,433,658
1945—
during first six months,
2549.
p.
;4
Corp.—Change in Stock Proposed—
belt
work
$3,000,000
806
4,136,609
—
——
during first six months,
authority
from
years
completion
gun
400
806
—.
______________——
Total
Income
the
The
RR.,
806
...
Stock Exchange
—
—
——:——
:
____
'4;;.
„
562.
p.
805
'
Exchange
——
——
—
capital——
other liabilities except
Capital
162,
805
Chicago Stock Exchange
$8,220,268
Liabilities—
Contingency reserve—L
five
authorized
now
American
;
800
____
Cincinnati Stock Exchange..
—J.—
796
Stock Exchange—
Boston Stock
11,128,241
10,234,610
Insurance Co.
Fire
—
shares
the
equipment;
785
(Bonds).,
New York
11,007,900
-
during
assets
V.
1
Page
Stock Exchange
New York
5,000,000
—
first six months, 1945———^—4———
Disbursements during first six months, 1945—
Total
due
for
purchase of the Burlington Transportation
Stores
300,000
nate
essential
Slock and Bond Quotations
'•A;' "4"l4:
3,400,000
:
——
'
,
plant in Jersey City, N. J., pursuant to orders from the Army Ordnance
Department, R. L. Sullivan, Vice-President, announced on Aug. 9.
Employees engaged in this operation are being absorbed in other
Issue
Baltimore
Income
'V'
American Car & Foundry Co.—More New Orders—
21,980,724
—
—
applied
stockholders will
The
of
machine
'
—
—
the
Allied
in
last
seven
unparalleled
also
$1,500,000,
towards
With
'
•
_——-
__
for
months, written business of $71,700,000 was
in to the home office, 12% more than in 1944.
Placed business
reached $55,000,000,
also showing nearly a 12% gain,
$41,388,624
—
•
AU-American
26,033,167
—
Surplus
*
Acquire
29,095,607
.
capital—,
liabilities except
Capital
•'
•
yy:4v
,,
to
company has applied to the Interstate Commerce Commission
authority to acquire control of the Burlington Transportation Co.
through ownership of 51%
of the
company's
capital
stock.
The
Burlington Transportation Co. is a wholly-owned subsidiary of the
Chicago, Burlington & Quincy RR.
sent
Insurance Co.
—
"
Inc.—Seeks
,
the
the
corresponding month
this July the best in Acacia's history.
thus making
year,
$4,850,000.
7%
was
force
6,000,000
.
during first six months, 1945———
during first six months, 1945—
Liabilities—
■
.
Lines,
.
27,254,101
-
——
—
Disbursements
Total
Bus
for
"Acacia Clarion", says;
,
'.<>%•
,
Preliminary figures for July business which have just become avail¬
able
prove
that another record has been
set
by Acacia Fieldmen'
through the placing of $6,875,000 during July with a net increase for
.$113,348,183
*Income
Burlington—
-;.1 The
74,594,082
.
.
Surplus
All-American
5,500,000
.
—————----—■—
except
.
5,
Liabilities—
Contingency
late Daniel W.
10.
these
unless
Connors, formerly a member of the Massachusetts Racing
has been appointed trustee in bankruptcy, succeeding the
Gurnett.—V. 160, p. 321.
<
Commission,
—July Business Sets All-Time Record—
$1,098,197,250
Total
shareholders
were
7%
of
Charles F.
consider
Acacia Mutual Life Insurance Co. (Washington, D. C.)
—.
____
reserve
Agawan Racing & Breeders Association, Inc.—Trustee
to
The
Liabilities-
Contingency
The
Life Insurance Co.
Aetna
Total
condition
meetings
meetings
preferred
common
panies
Copy
a
MISCELLANEOUS
-
Paper Co., Ltd.—Meeting—
shareholders
statements for the four Aetna Life affiliated
companies have been filed with the Insurance Department of Georgia.
financial
INSURANCE
-
reorganization-plan formulated under the Hughes Committee
mailed
Aetna Life Insurance Co.—Mid-Year Report—
INDUSTRIAL
-
Abitibi Power
Notices
;4;4!:?':4
the
Mid-year
Price 60 Cents
Corporation and Investment News
Co.—Mid-Year Report—
Surety
&
Insurance
York, N. Y., Monday, August 20, 1945
120
& CO., INC.
Broadway, New York 5, N. Y.
•
1
■
.VCA
VI. >■'■
FINANCIAL CHRONICLE
THE COMMERCIAL &
778
iV
i
562.
162, p.
New
162,
output
ended Aug. io,
666.
P.
of
Account
Income
Alone, Period Ended June
Company
30
■
Co.—Official Returns—
discount,
$1,260,377
617,332
398,536
408,919
805,143
$1,762,003
599,604
600,000
1,199,403
288,789
;
-
.
income
—_
dividends,—.
Preferred
the
in
1,200,000
.
General
surplus
'The
services
American General
have
services
fDeficit.
rendered
been
Works
Water
t
Service
Co.,
Subsidiaries*
$
5
>*,■ ■
■.
1945—12 Mos.—1944
$
®
137,776,701 139,339,047
54,094,914 54,494,647
21,014,259 22,796,083
9,342,131 10,023,949
1945—3 Mos.—1944
Period End. May 31—
34,891,436
13,560,221
3,887,890
2,426,941
5,992,980
2,619,730
2,579,497
2,937,631
11,060,531
9,780,874
41,764,866
144,471
95.759
467,421
40,286,956
379,235
___—
11,753,813
42,232,287
40,666,191
deducts..
6,697,073
9,876,633
4,096,878
19,169,746
15,896,758
5,056,735 '
1,411,420
5,779,755
1,536,484
23,062,541
—
—
taxes
ret. & depl.
appropriations
res.
Prop.
Other
income
Gross
income
11,737,412 *
„
retire.
Deprec.,
■
'
3,447
10.681
'
•
;
on
of
Net
of
eo.uity
17,136,505
142,655
38,834
4,271,424
—
17,874,967
; 368,740
130,228
17,505,245
4,232,590
3,784,523
income
§
.
—
72,618
93,985
425,552
18,005,195
468,104
deductions
556,547
579,191
2,254,643
2,452,280
77,800
87,940
299,989
342,056
1
—:
Expenses
Int.
other
&
Income
taxes
—
cial
Aug.
for
Horse
with
operates
company
modern
of
mining,
Mike
milling
Horse
H.
are
A.
Mont.
Vice-President and Treasurer;
$4,482,526
2,883,444
2,426,125
the
810,541
790,309
1,599.082
1,438,582
during
f
tax
incl.
A.
Brookington, Secretary,
all
R.
C.
J.
F. Goodwin, Vice-President,
of New
York.—V.
161,
p.
.
6 Mos. End. June 30—
divs.
and
the
to
reduction,
tax
1874.
1942
1943
$407,054
$207,764
$264,855
Expenses in issuing and
transf.
of
stks.,
benefit
the
Balance
15,940
18,666
18,447
18,902
10,905
9,500
30,668
•$18'1,075
*$220,968
$134,175
$352,692
106,893
—_—
50,775
—
—
dividends
profit on securities sold or exchanged- of $433,871 in
$14,920 in 1944 and $174,184 in 1943, and net loss of $338,385 in
Balance
Assets—Investments,
TF.
S.
■f
Treasury 7/8%
1946, at cost,
accrued
and
certificates
of
of
indebtedness,
series E,
1945,
1942.
$8,495,881;
due
June
cash, $342,608; dividends receivable, $38,466;
bonds, $823; accounts receivable—securities sold
on
bought—balance, $104,339; other assets, $1,388; total, $10,133,510.
Liabilities—Reserve
for
taxes
(ether
than
income
tax),
expenses,
reserve
for
Federal
normal
income
tax
and
surtax,
fu'st
Puffed
stock,
$3,754,900;
$5
preference
stock
*>235,20.;
common
stock
(10c
par), $829,300;
capital surplus, $4,993,22a; earned surplus, $902,691; 1st preferred stock, in
treasury,
at cost (4,884
shares), D?$603,185; total, $10,133,510.—V. 161, p. 2551.
American
Telephone
&
Telegraph
Co.—Announces
Refunding Program—Walter
S. Gifford, President, on
Aug. 15, announced that the company is preparing a
registration statement to be filed with the Security and
Exchange Commission covering a possible issue of $160,000,000 of 2%% debentures, proceeds of which are to
be used for the redemption at
105%, on Dec. 1, 1945
like amount of $160,000,000 30-year 3y4%
of
debentures,
a
due Bee. 1, 1966. Mr. Gifford said that' if the
proposed
debentures are issued, the company plans to offer
.new
them for sale
on
Sept. 24 through competitive bidding.
Earnings for Month
Period End. June 30—
and
Six
Mouths
1945—Month—1944
£
**
—
Vncollectible
oper.
19,814,906
Operating revenues
Operating
Operating
19,735,834
expenses
taxes
Net
Net
11,066,641
6,612,649
operating
income
30
Total
...
92,500
$
41,073,294
~
"1-V632
527'000"
36,237.539
$367,048
33,049
The
$2.25
directors
per
per
of
p.
on
$420,216
$357,678
"<■ •'
$402,641
6,319
5,605
15,248
9,789
23,747
4,824
Gther
expenses
15,231
—"
and
Federal
for
Prov.
WJSrjy;
23,047
21,237
42,963
$356,487
$296,541
including" gains of 16'sses oil
$115,062).
..
..
.
.
.
_
sales of -securities (loss in 1945,
been
profit
p.
,
be
raised
the Atlas,
As
company
your
offering
two
period
types
readily
can
commitment
of
conflict.
and are not easily
invetsment bankers.
On
at the time of offering
by
The
the
other
and
lasting
commitment
long-term
hand,
only
be handled by investment
can
thus complement each-
primary
of
is
company."
Account
Months
Six
for
Ended
SO
June
1942
1943'
1944
$585,103
99,393
$415,857
$1,697,670
$1,576,905
94,713
552
3,716
116,796
2,662
$539,019
$1,796,038
$1,696,364
411,350
389,411
477,348
439,006
$127,669
$1,406,687
$1,219,016
$245,495
450,075
831,388
»1,733,748
*1,971,392
tax
$577,744
$2,238,075
tax_
8,000
30,000
—
profit
of
sales
on
$684,501
securities on the basis
•
cost__
stock
in
1922.—
preferred and
$15,526,468.—
i
V
*
Co.
—
>
-
.
Split-Up
Stock
Ap¬
'
346.
p.
Prov.
Net
.
made
two shares
stock distribu¬
stockholders of record Aug. 31, 1945.—V.* 162,
common
stock on the • basis
share presently outstanding.
The
to
working
130.
of
the
head
p.
$2,208,075
515,566
515,628
570,976
'■
*$600,932 '$1,765,397
516,372
550,312
585,396
capital;
A.
G.
$42,275
in
$81,526
1942
Statement of Financial Condition,
Assets—Cash,
which
cost
at
receivable
and
June 30, 1915
U. 8. Treasury certificates of indebtedness,
$4,256,144;
approximates
market,
accrued,
interest
and ac¬
holdings,
dividends
$12,000,000;
portfolio
$50,223;
$40,283,184; investments in majority-owned subsidiary companies, at
management's valuations, $16,260,704; other assets, at management's
total,
$1,544,000;
$74,394,255.
1
^
$85,328; pro¬
$100,000; 6%
preferred
stock
(par
$50),
$18,904,105; common stock
(par $5),
$11,326,355-; surplus (of which $109,445, representing par value of
common
stock in treasury, is restricted as to dividends under Dela¬
ware
law), $23,219,245; net unrealized appreciation (excess over cost
of
market or
management's valuations of assets, $20,683,646; total,
Liabilities—Accounts
for
vision
taxes,
arid
provision
accrued expenses,
for contingencies,
payable
$75,576;
,
,
,
Buys Liberty Magazine—
This
certain
and
corporation
have
associates
purchased
Liberty
Magazine, it was announced on Aug. 9 by Floyd B. Odium, President.
The firm commitment to- purchase was made effective only on Aug. 9>
the
title
will
hands on
change
about Aug.
or
20.
1945.
^
Co.—Registers With SEC—
Becker & Co., Inc., which managed
stock in April of this year,
the present time.—V. 162,
the company's preferred
underwriting group for
entire
ganization Plan—
management
Magazine,
Inc.,
is
being
ac¬
in¬
ore'
of
'
-
in
Canada
a
The
rate
The screen magazines
approximating 1,000,000 copies.
running at a.
per month before
taxes, the announcement
approximating 1,500,000 copies.
monchly circulation
group
of magazines has earnings which have been
exceeding
concluded.—V.
Vincent L. Leibell has confirmed the plan of reorgani¬
Associated Gas & Electric Co. and Associated Gas &■ Electric
Liberty
of
the business and, along with Edward Maher„
editor of Liberty, has taken a minority interest in the purchase group..
The price was approximately $2,000,000. it. was said.
Liberty Magazine, Inc., in addition to publishing Liberty Magazine?
here and through a subsidiary in Canada, also publishes Screenland,.
Silver Screen and Movie Show.
Liberty has a weekly circulation here
active
have
Co.—Court Confirms Reor¬
stock
capital
quired from Paul Hunter, publisher of Liberty, and the Cuneo Press
terests. ' Mr. HUnter has entered into a term contract to carry
and
'
Associated Gas & Electric
615,041
602,239
in 1S45, $296,202 in 1944, $1,030,736 in
dividends from majority-owned subsidiary
companies (also in 1944, $47,840 interest).
■'■''•
tlncludes
and
and
-
-
.
offering
to
$569,744
period.
dividends——
•toss."
of
Company on Aug. 10 filed a registration statement with the SEC
for $5 000,000 20-year 3%
sinking fund debentures due 1965. Pro¬
ceeds
will
be
used
to retire -a $3,750,000 long term note and to
is
'$514,732 *$1,725,897
86,200
30,003.
9,500
dividends
Common
15
Ashland OilRefining
increase
for
inc.
Preferred
inc.
»
for contingencies-
The
an
for
income
for Fed.
approved a proposal to increase the
to 2,500,000 shares in order to provide a
Aug.
stock
the
of
to' each
be
will
on
common
split-up
addition
tion
duct.' provision
Prov.
$74,394,255.
authorized
$150,000
161, p. 2782.
Federal Judge
zation
for
plan is consummated, the company will emerge from
reorganization as the General Public Utilities Corp.
The plan pre¬
viously had been approved by the District Court and the Securities
Corp.
If
court
;:'.V
trustee
•
'
approved the selection by trustees of temporary offi¬
They will be Willard L. Thorp, a reorganization
also
Albert
President; Edward W. »
Comptroller-; E. Robert
Secretary; William R. Porter, Treasurer.
of
Associated
Gas
&
Corp.,
Electric
Board Chairman;
Tegan, President of Associated Electric Co.,
Morehouse, Vice-President; Herman A. Busch,
F.
Wilcox,
New
directors
Harold
will
be J.
Lee
Bausher,
President' of Infants Sox, Inc.;
M.
Harold
V.
Bixby, Vice-President of Pan American Airways Corp.;:
Bozell, President of General Telephone Corp.; Edward F. f
Chinlund, Vice-President of R. H. Macy & Co.; Henry R, Hayes, direc- ,
tor of Columbia Gas & Electric Corp.; William J. Waite, Chairman ■
the
Board
of
Clinton
Trust
Co.;
George
R.
Holding Corp.; Mr,
Walker, President of
and Mr. Thorpe.
Mr.
Thorp
and Denis J, Driscoll,
were authorized by Judge Leibell to join with General Gas & Electric
Corp., a subholding company, in asking the SEC to apply to a Court
to enforce and carry out the terms and provisions of a plan of divest¬
ment of assets, corporate simplification and equitable distribution of
voting power of General Gas. dated Aug. 11, 1944.
This plan was
approved by the Securities and Exchange Commission on July 25.
Associated
Gas
Tegan
trustees.
<f.
Co.—To Vote
Atlas Drop Forge
The
stockholders
asked
be
at
Under
the
terms
Sale—
the
and
Corp.
of
on
special meeting to be held on Aug.
sale
of the company's assets
a
authorize
to
Manufacturing
Spicer
.
directors.
and
-
the
Exchange Commission.
The
including
made
was
would
commitment.
enlarged
of business of
income,
valuations,
...
stockholders
The
of
1178.
(book
proved—
Huron
and
investments
-
dividends payable, $223,075; re¬
taxes, $45,935; reserve for shareholders and
$500,000;
(represented by 69,174 $4Va cumulative
shares,
no
par), $14,757,458;. total,
loss
common
V. 160,
11,752,241
since
and
89,911
loans,
income"
Federal
for
81,143,203
regularly
this
—
counts
•
•
.
,
$249,457;
$14,478,248;
Liabilities—Bank
32,246,223
made
for
fee
given
.
30, 1945
Balance Sheet, June
$798,763;
receivables,
total, $15,526,468.
Assets—Cash,
value),
83,444,512
Sept,
have
commitment
122,610
$325,502
tNot
2,040,327
666.
the
$25,000,000
commitment
your
of average
1943
21,755
.i
:
—i—
v
V
$333,659
taxes
income
40,073,437
Aug. 15 declared the usual quarterly dividend of
the capital stock, par $100, payable Oct. 15 to
17.
Distributions at the rate of $9 per share
record
annum
y. .162,
on
share
Net
52,900
33,738
'$400,097
income——
1942
23,732
2,056,544
Usual Dividend—
liolders
'
American
Pan
'
$349,741
43,410
$366,477'
2,884
41,960,296
income
to
Federal
1943
$314,288
1944"
?
1945
22,543
cers
19,316,047 119,741,358 115,326,632:
10,998,353
66,421;84'1
67,336,852
6,277,367
•
2,895
The
$
.
364,644
on
scope
without
.
tTotal
•
.
26,558
]■
19,408,547 120,106,002 115 853
79,072
rev.
June
time
that
of
been undertaken by Atlas
in his letter to the Atlas
when the time came for putting the
the market, the Airways company, according
that it wanted an underwriting for 100% of
Expenses,
i
-
Salaries
and
■1945—6 Mos,—1944"
$
$
Operating .revenues
Ended
Odium
the
Miscellaneous
week
Income—Dividends
V
$1,150,000;
interest
Mr.
1945
output of the electric properties of this company for the
Aug.- 11, 1945 totaled 86,061,000 kwh.,
an increase of 1.28% >
the output of 84,976,000 kwh. for the corresponding week of 1944.
Archer-Daniels-Midland
securities,
government
the
The
Profit
6 Mos. End. June 30—
Sheet, June 80, 1945
exclusive
mid-year
a
increased to $26.20.
underwriting
at
assurance
Interest
However amounts, approximately equiv¬
appropriated to reduce debt discount,
Amoskeag Co.—Earnings—
31,636
'Before
to
were
Power
serve
Preferred
the
of
by
that
Income—Dividends
Output—
.
11,820
19,499
10,883
24,020
subjected
been
However,
Income
and expense and to reduce the book loss on sale of trans¬
tOn 2,343,105 common shares before special tax
adjustment.—-V. 162, p. 666.
-t"-:
:
—
they
have been
would
for Federal tax purposes
legal
expenses,
etc.
All other expenses—
Taxes
had
(Corporation and its inyestment company subsidiaries)
premium
tNet
1944
$230,123
report
the
outlined
said
cash
short
a
interest
portation properties.
Corp.—Earnings-
1945
interest
.
•
decided
short-term
other
properties.
transportation
,
Cash
pre¬
accrued
He pointed out, however, that none
at approximately $17,800,000,
year.
in
value
wanted
customarily
or
$4,482,526
$0.71
$1,998,287
;
$0.26
$2,088,878
subsidiaries had
certain
State
American Superpower
plus
preferred is $50.
cancellation
He
a
within
are
v-
.
spe¬
adjustmts.
•"
C.
and
Odium
Mr.
outstanding
share
per
mid-year
this
in
warrants
for
1,207,978
~
Emison,
dates,
the
for
$55
of
that
of
were
Odium,
bid
$1,998,287
Interest
.
President;
Guess,
both
at
provision
price
"The making' of a commitment for a long term in advance of thooffering date of securities is often of great benefit to a company.
In
this case it enabled Pan
American Airways to order needed equip¬
ment months before the time otherwise possible.
Such commitments
1,278,337
tax
1944
alent
it
at
than 80 claims which
and
surface
equipment
miles northwest of Helena",
properties about 55
officers
more
for
>
$2,088,878
spe-
special deductions consisting of (!) redemption premiums, discounts
expenses from refunding outstanding bonds and (2)
loss on sale
of
a
owns
share
per
President wrote his shareholders:
adjustment
tax
Interest'——_—'
Mike
New
$3,864,707
:
and
15.
The
$24.34
1945,. it was'stated
aMigure which compares
Net income before de-
'reported $850,000 cash.,., from
Robert P. Porter and associates of Spokane,
Wash., all of the stock
of Mike Horse Mining & Milling Co.,
currently the largest producer
of lead
and
zinc
in
the
State of Montana,
it was announced on
purchased"
has
$18,764,096
14,899,389
$9,181,187
adjustment.
before
—Vi 162, p. 666.
Co.—Acquisition—
American Smelting & Refining
company
V
$3,864,707
tNet income per share_
$0.28
$0.52
'Reclassified for purposes of comparison.
tResulting from refinanc¬
ings and from sale of transportation properties.
In the last quarter
over
The
and
Mr.
ended
162, p. 450.
the
offering.
bankers.
14,742,755
14,525,061
3,510,308
3,077,558
unearned.—V.
or
______
incl. speadjustment"
tax
income
cial
requirements applicable to respective periods whether
♦Full dividend
$9,471,513 $23,124,528
7,092,309 '
7,473,226
18,642,002
——
Net income,
'
earned
in assets
offering to produce about $43,000,000, such underwriting to be
paid for by a cash fee.
Atlas Corp., after considering all factors,
including benefits it would receive should its agreement with Pan
American be cancelled
according to its terms, decided not to make^
—
—_
Total income deductions
of
Total
stock
a
of
company
3,641,868
Other
17,874,967
17,136,505
4,232,590
3,641,868
and a growth
-.v>
its
to
$30,993,424
12,229,328
Cr4,146,214
6,491,021
income
Gross
cial
Co.:
& Lt.
close ot
approxi¬
of June 30,
Values
1944.
after
the
carried
for
reasons
from
863,646*
.
$15,792,466 $31,080,736
6,320,953
12,102,422
$15,672,208
—
income,
=_
taxes
tReduction
Net income
in income
subsidiaries
724,866
447,374
to
end
American
Pair
46,710
30,374
com¬
pany
,552,708
of
suffered
shareholders.
6,484,494
6,508,965
-
the
December
last
account
———
income
Gross
,
Fed.
Special
applic. to mi¬
nority interests —
Am. Pow.
3,268,931 ■
increase
the
17,921,677
17,166,879
4,243,271
Portion
of
3,261,273
the
of
of
value
a
as
President,
Airways stock and option warrants that had
6,562,669.6,695,511
,
value
..»■
■
3,645,315
equity
3,357,937
of
redemption
value of Atlas stock
The
31,634,844
depl.
&
of prop,
adjustments
Net
Net
34,526,661
3,386,654
end
computed
items,
have
asset
1945^-12 Mos.—' 1944
16,833,706 .15,871,984
——
at
semi-annual report for
an
appraisal.
Mr. Odium added that if the holdings of Ogden Corp., an
Atlas
subsidiary, had been listed -at market price instead of the
$7,751,727' at which they were carried in the report, the indicated
$76,671,919
& maint.—
other than Fed.
$74,394,255
to
represents
company
shareholders
these
would
and Subsidiaries
Company
1945—6 Mos.—«1944
risen
This
indicated
the
full
at
reference
until
made
cf
itself.
company
$39,706,549 $38,736,692 $79,403,897
exps.
Amort,
of
Account
Income
___—
income
*
•
-
(net)—
income
Total
Oper.
6,847,756
expenses
taxes
Other
earnings
24,769,433
5,895,662
revenues
Operating
Federal
33,431,409
12,927,739
11,609,342
Operating
the
by
of
week
asset value, the Atlas President
reappraisals of investments in majorityowned subsidiaries and other so-called special investments wiil not be
subsidiary,
a
the
for
group
kwh., an increase of 4,week of 1944.—V. 162,
according to the
30.
assets
the
at
Par
reminded
.
Gross
Taxes,
instead
Inc.,
by
had
1945,
of
of
were
stock
With
cost
of
June
stock
$21.98
dividends.
■
of
basis
the
on
,
Consolidated
(& Subs.)—Earnings—:
& Light Co.
$310,398
$562,597
—
Period End. June 30—
American Power
corporation
months
ending
Report of Floyd B. Odium,
ferred
$0.24
$0.13
expenses shown above for 1944 are after deducting amounts
to
subsidiary companies in
the water works groups for
rendered
on
the
basis of cost.
Since July 1,
1944, such
charged
Corp.—To Purchase 937,500 Shares
of Morris Plan Common Stock to be Reoffered to Morris
Plan and Industrial Finance Corp. Stockholders—See
Morris Plan Corp. of America below.—V. 162, p. 562.
six
common
the
with
stk.
com.
$63,404
t$37,331
Per share on 2,343,105 shares outstdg. (exclud¬
ing shares held in system).
—
*——and
as civilian
of Staff to
he
accepted a War Department appointment
serving under Lieut. General Leftoy Lutes, Chief
Brehon B. Somervell.—V. 161, P- 201.
1942
adviser,
the
period
explained,
for
135,531,071
corresponding
the
over
Electric
of
n.
Balance
3.7%
&
Gas
to
amounted
1945
or
Appreciation
Net
.
ElectricvCorp. report that the''
Gas &
Associated
mately $4,700,000 during the six-month period
$6,500,000 since the same date a year ago.
oL debt
etc
first
the
$1,510,398
$3,184,478
of
the
835,169
$562,669
<
$2,952,884
607,317
$663,008
""Expenses
Interest, amort.
foreign economic adviser of the planning
division, Army Service Forces, Gerald K. Berkey has returned to this
company as liaison officer on traffic matters ^ween^t-he <company s
New York and European offices, according to Ralph T. Reed, Presi¬
dent.
Mr. Berkey has left for Europe to accelerate the reestablish-:,
inent of company traffic services there. •
':V'
Wl1w'_oori
In
1937
Mr. Berkey became Assistant Vice-President of European,
traffic, helping maintain American Express operations in France and
elsewhere on the Continent until long after the outbreak of war.
Following his'resignation as
In
Assets
.-
.
$1,380,282
318,738
———
the
Atlas Corp.—Semi-Annual Report—
1945—12 Mos.—1944
1945—6 Mos.—1944
Earnings — dividends,
interest, etc.
kwh.,
*.
the Associated
of
666.
p.
Inc.—Earnings
American Water Works & Electric Co.,
■'
of
electric
821,563
;
American Express
Weekly Output—
—V.
it is understood,
American
Airlines for
company,
The -trustees
Trust Co. of New • York has been appointed
York transfer agent for the new common stock of $20 par value.
Manufacturers
The
has sold 120,000 shares of treasury
stock
to
$3,000,000, bringing the American
Airlines holdings up to 52%
of the stock.
Up to now American Export Lines,
Inc., held 56,000 shares of
Export Airlines stock, or 70% of the total.
After the issuance of
the-additional 120,000 shares the steamship company s holdings, al¬
though unchanged, will represent about v24% of the total outstanding.
—V.
1
..
Corp.—Transfer Agent—
American Utilities Service
Airlines—Sells Treasury Stock—
American Export
The
"
'
'
'
Monday, August 20, 194$
also pass on
contract
the
with
a
27
to
will
the-
plan for liquidation.
Spicer,
according
to
the
the purchase price of the
assets:
$390,000. less the net proceeds realized
bv the company from
any sale of any of its fixed assets between*
June 30,
1945, and the close of business on Aug. 31, 1945, plus the*
book value of the
inventories, and 99% of the book value of'.the
accounts receivable as shewn on the company's books on Aug. 31, 1945"..
The
stockholders were informed that after the liquidation of the-3
of
notice
be
t.o
sold
the
to
special
Spicer
meeting,
will
be
the company and the payment of its outstand¬
than $14 a share will be realized by the share¬
to exceed five years.
It
is
expected, on the basis-of present data, that as much as
$8 a share will be available for distribution prior to the end of this
year,
and that substantial amounts will be available for distribution
in 1946 and 1947, with the likelihood that 75%
of the total amount
realized can be distributed by the end of 1947.—V. 160, p. 2538.
remaining
ing
assets
liabilities,
holders
over
of
more
a
period not
Automobile Insurance
See Aetna Life Insurance
Co.—Mid-Year
Report—
Co,, above.—V. 161, p. 563..
r
.Volume 162
Number 4413
THE COMMERCIAL & FINANCIAL CHRONICLE
Bausch & Lomb Optical Co.—Calls Preferred Stock—
•
All
.
according
to. the company's announcement, from treasury cash and
proceeds of a $600,000 loan arranged with the Marine Trust Co.,
Buffalo, N. Y.
■■/'■; /-:.y^;■
Funding of bank loans, aggregating $2,200,000, which had been se¬
cured for working capital and to complete the
purchase of Eclipse
of
called
dividends.
Payment will be made at the Lincoln Rochester Trust Co.,
183 Main St.. Rochester, N. Y.
Immediate payment of the full re¬
demption price with interest to Sept. 17, 1945, will be made at any
time upon presentation and surrender of said stock certificates.
Holders
the
V.
*
162.
'
"
into
"
j',
A
15.
share
at
time
any
Sept.
12,
•'*
'
.
'
'
T
•
'
'*
'*H
■
1
»
V
t
dividend of 50
stock, par $10,
Previously,
the
each quarter.—V.
161,
per .share
cents
has
Sept.
to
payab.e
paid
company
1
;;.t
979.
p.
been
declared
homers
oi
cents
<
37V2
on
6 Mos. End. June 30—
profit
Earnings
•
(A. S.) Beck Shoe Corp.—Proposed Merger—
Diamond
Shoe
below.—V.
Corp.
161,
profits
excess
The
Period End. June 30—
Operating
revenues
Uncollectible
oper.
rev.
.7,306
41,052 w.r 43,650
6,089,412
5,702,353
36,348,291
operating
income
income
1,533,678
12,654,040
162,
$1,272,256
$7,669,408
5,072,535
$1,203,804
842,859
_
765,700
ments,
$7,256,220
$2,410,600;
__
1_
•
1944
.
Net
profit
$129,357
$142,047
161, p. 2552.
and
the
comprehensive
was.
announced
The
of
division,
new
foreign
trade
Bendix
International,
of
program
Bendix
to
handle
Aviation
will handle
throughout the world,
Corp.,
inventories,
U.
amount'
real
of
estate
(net),
excess
and
deductions
income
taxes
returns,
$48,559;
$168,238;
tax
of
v
V.
irr
Net profit
—V. 161," p.
regular
of
amount
of
Period End.
—V.
$118,616
$100,490
10
1945—Month—1944
1945—7 Mos.—1944
$2,631,000
$2,348,587 $26,166,134 $25,956,534
-
$518,600;
years,
accounts
Dorp.-—Seeks to Buy Stock—
has
corporation
$400,000
announced
purchase
to
shares
Stockholders
retirement.
the
of
the
directors
The
submit
to
and
have
preferred
company's
invited
were
be acted upon on Sept. 7.—Vi
that
tenders
162.
held
feet,
with.
compared
as
for
July,
960,012,000
stock
which
shares
Chicago,
for
heads
will
and
wages
unadjusted
1945,
of
feet
1,810,939,000
1,514,271,000
' 1944
:1,622,025,000
1,542,646,000
1,432,209,000
February
i
March
1,561,456,000
1,274,745,000
1,278,676,000
1,113,056,000
April
-
—
—V.
to
The
•
+11.7
— 1.8
*
the
general
'
them
960,012,000
—
for
4.5
+
7.9
4.0
+
5.0
+
S.
Declares Initial Preferred Dividend—
on
by
at
by Automatic.
i
-Under
the
and
1944
St.
stock
Paul
the
Davis
1,
1955,
has
-
the
Co.
has
of
filed, a
outstanding
102V2
at
plans
and
offer, British Type
under
which
profits
would
and
Automatic
of
9,500
shares
Corp. at $1.20 a share,
of
New
The
Hudson
will
Power
The
statement
shares
York
New
P.
S.
Net
class
A
be
filed
to
'i'V£
with
stock: of
Majestic
Radio
has
authorized
the
and
and
bonds
$50
par
due
Bids
and
proposals
bonds
18,
general
amount
348.
^
to
be
received
on
or
before
September
per
160, p.
to
10.
?
$760,000
1969, at
102Vt - and interest, through operation of the sinking fund. ' Payment
will be made at the City" Bank" Farmers Trust Co., trustee, 22 Wil-'
liam St., New York, N. Y.—V. 162, p. 564.
Co.—Acquisition—
of
;
company
Funds
for
15,000
gold,
*'
follows:
as
food
the public and
the purchase, effected for a consideration of; $1,300,000shares
of Buffalo Bolt
common
stock, were
supplied,
1941
174.67
87,905
5s, due 1934—
41/2s, due I960
618,200
400,272
12.42
notes,
due 1939
'■..
mechanical
it
reasons
is
not
always
♦Operating
Clark-Celfor
Tool' Corp.)
■
Total
Net
to
exhaust
the
and interest to Aug. 21,
sum
of
1,
Apg.
$50,149
chgs.
taxes__
915,595
850,565
170,997
170,817
175,974
300,143
300,418
297,081
58,881
70,064
31,336
$4,328,914
oper—
$3,003,547
$4,413,392
$7,196,592
prof.
excess
Divs.
not
paid
paid
Shares
to
215,397
250,604
20,659'
'
•
t6,694,000
+3,434,722
16,352,000
$948.914
$1,309,547
$978,671
of
com.
$844,592
(no
44,815
44,815
44,815
44,904
356,424
356,424
356,424
356.424
237,616
237,616
237,616
237.616
$3.80
$5.32
$3.93
$3.37
stock
com.
per
stk.
stk.;
par).—
share
•
deduction
of
factory expense,
including depreciation
of
$288,214 in 19'14. $286,484 in 1943. and $346,046 in.
in 1945,
1942.
tAfter post-war credit of $270,000 in 1945, $387,000 in 1944 and
$320,000 in 1943.
{Includes $1,270,000 estimated increase 'in Federal
taxes,
.
1943
$1.26
pfd.
on
on
$235,018
$75,735$0.68
-
Assets—Cash
prospective
share.
members.-
The
;
price
the
of
stock
is
(after
(
June 30,
1945
:
for depreciation and
special amortization of $9,534,666),
prepaid insurance and taxes, $22,897; total, $25,101,334.
Liabilities—-Notes, payable
current
to: banks (Regulation V loan)., $4,0*00,000;
payable and payroll. $2,677,973: taxes, etc., accrued,'
amount; payable to. U. S.. Government for voluntary refund
accounts
$518,437;
,'
,
Sheet,
reserve
$3,739,526;
$20
-
-
Balance
in -banks
and on hand, $5,694,099; U. S. Government
securities, $3,500,00'0; accounts receivable (net), $3,021,826; inventories,
$7,415,530;. investment.in and advances to Buchanan'Land Co. (100%
owned), $14,433; sundry investments, $3,024; post-war excess profits
tax refund credit, $1,690,000.;
land, buildings, machinery, etc., at cost;
sale of shares are to go into capital,
acquiring store fixtures, inventory and working capital.
are
no
underwriters.
Sales will be conducted by members
officers
827,829
.
t3,380,000
L.i_—
profit
outstdg.
1944
$141,246
$2.12
1,104,452
_____
__l
♦After
$261,470
share—
74,434
$8,511,081
facility-
from
Divs.
1966,-
prices
at
Net
1945.—V. 162, p.'349,
1945
and
common
118,879
$5,768,349
,
Boston, Mass., until
for the sale to it of,
due
168,239
paid
inc. &
1942
$8,436,647*
$9,460,441
sell, expense-
inc.
1943
$5,649,470
.133,234
$5,963,385
allowed
taxes
«
income_.
emerg.
Interest
45 Milk St.,
1945, offered to receive bids
mortgage series k 3!/a% bonds
&
Special
■
$5,830,151
income
Admin.
1944
$9,292,203
1945
income
on
contracts
war
for -1944.
$750,000;
reserve
for
Federal
taxes
Illinois RR.1—Equipment
for
Financing?
Company is inviting bids to be considered at noon August 21 for
$1,440,000 equipment trust certificates.. The certificates, dated Sept. 1,
1945,. and maturing in semi-annual installments from March 1, 1946,
to
Sept.il,
i960, .are
-
to;finance
75%
of
the
purchase price
of
for
Chicago & Eastern Illinois RR.—Equipment Issue—
■'I
The
for
V.
applied to the Interstate Commerce Commission:
issue $lr40,000 equipment trust certificates.—V. 162,
564.
p.
'
V
has
company
authority to
and
12,222
new
;*'
•;
-
.
of
161.
held
in
shares
of
p.
Colonial
Record
Chicago..Mail Order Co.
expansion
ment
Store
Sept.
1, ,1945.
program
of
when
Decatur,
on
6 took another big step in'
the Gebhart-Gushard Depart¬
of the store takes place on
Aug.
it acquired
111.
Possession
-
Purchase of this $2,000,000 25-year-old department store
pleted on Aug., 6 in Decatur and. was announced by Robert
:
son,
was
W.
com¬
Jack¬
President, who said that the store will operate under its present
name.
Consideration
was
not
disclosed, but,
was
cn
a
cash
basis.
(1,101
shares
of preferred, $110,100,
and
Dr$295,825; total, $25,101,334.—'
:
"
(
traffic
gains
a
shown by Colonial Airlines in the "month
statement issued by Sigmund Janas, President,
were
says;
July
carried
between New York and
the same month of
one
of the largest '
increases registered by any transportation company in America.'
Dur¬
ing this period 34,468 pounds of mail were carried and better than
23.441 .pounds .of
v'
'
''
"The present indications-are that the month of August will sub¬
stantially increase the July figures."
.
•
\
Mr
Janas also announced-that "financial figures show a net profit
for the month of June, after all depreciation and-other charges but
before taxes of $26,938.—V, 162, p. 453.
V
Montreal
1944.'
as
This
we
compared
with
represents'
an
10,104
passengers
5,196
passengers
increase
of
in
94ya%,
■
,
S.
_
NOTE:
On
account of the fluctuations in the rates
of exchange, remittances
f'
Airlines, Inc.—Earnings, etc.—
July, according .to
which
"During
Chicago Mail Order Co.—Acquires Decatur Store—
treasury
common,' $185,725),
1993.
Dana
135
in¬
on
(after U. S. Treasury tax notes of.
$5,519,900), $2,307,690; reserve
post-war. adjustments, $1,000,000; 5% preferred stock (par»$100),:
$1,902,700; common stock (249,838 shares, no.par), $4,996,760; capital
surplus, $417,115; earned surplus, $6,826,484; capital stock purchased
come
Chicago. & Eastern
(Reg. U. 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:
Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday {general news and advertising issue) with a statistical issue on Monday].
Other
La Salle St., Chicago 3, 111. (Telephone; State, 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith.
Copyright 1945 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 Spam), Asia, Australia and. Africa, $31.00 per yeaf-
offices:
*
6,210
—
The Commercial and Financial Chronicle
William
/.
v"
56.20
c'onv.
4%
668.
p.
115.00
87.97
creditors
162.
4V2s, due
due 1934
102.22
500.00
118.45
77.11
(Including
names"
the
stores and'the funds from
;;.There
and
per
Bond
$189.14
1st mtge.
unsec.
account for
its
has acquired, for cash and stock, the entire outstand¬
ing capitalization of the Eclipse Lawn Mower Co., of Prophetstown,
111;,' manufacturers of hand and now^r-dyiven
mowers,; it was
announced on Aug. 15 by Rudolph B. Flershem, President.
and
5%
mortgage
*
company on Aug. 2 filed with the SEC a registration statement
17,500 shares of common stock, par $20.'
was
organized on March 1, 1945, for the establishment
Aldens
Buffalo Bolt
The
the first
1,622,001
6 Mos. End. June 30—
The
r>
has called for redemption on Sept. 15, next,
mortgage .sinking fund 3,y2% bonds due Sept. 15,
company
general
V/.
consol.
P.
sell
to
1291.
equipment.
Brooklyn Union Gas Co.—Calls $760,000 Bonds—
The
a.
Clark Equipment Cq.--Earnings-—
•
of
pros-'
and
to arrange
companies in exact alphabetical
However, they are always as near alphabetical
position as possible.
e.
•
Company
the purchase of the preferred stock are to be
than ten days after the award-of the bonds.—V. 162,
,
new
1,302,950
NOTE-—For
York,
sufficient
after
profit
for
&
for
opened not less
p.
are
and
paper-saver
order.
SEC—
-
the
a
—_
4%S,
Consolidated
bids on $3,640,000 of 25-year first mortgage bonds
preferred stock.
'Proceeds are to be used to refund
in; 1965 and 30,000 shares of 6% participating stock,.
value.
for
as
possible
*
-•<
1st mtge.
N.
are
competitive
$1,500,000
4%
customers
partial
redemption),
upon
Interest is payable at offices of.
Y., and Harris Trust and Savings
stamping.
railroad,
mtgfe.
&
I;
V -1
r
Chicago Consumers Cooperative, Inc.- -Registers with:
:
company
L.
1st
&
SEC
the
proposes
by
_
Invite
L.
stockholders would
that stock now being worth between
Commission
of
both
balance
issued
are
which
Corp.
price
Colony Trust Co., trustee,
Aug.
and
Earnings
made
Brooklyn Borough Gas Co,—To Issue New Securities—
The
for
that
H. S.
—V.
$2,757,000
the
^\
v
registration
Years Ended June 30—-
recovery
be
$4 and $5 a share, and cash, totaling. $96,025.—V. 162, p. 564.
t
&
S.
C.
&
Earnings
purchase agreement with Automatic for 100,000 shares of its stock at.
a
share, the stock now being worth around $12 a share, the
to
for
R.
Central Republic Co.—Earnings-—
and the right to elect five of the company's
offer also provides for the cancellation of a
The
128-page catalog digest of the.
a
list
to
treasury
to exceed 104ya
$4
transfer
R.
C.
Co.,
Corp.—Registers With'
Niagara Hudson Power
'
'
by
stock.
common
Niagara
of
and
Old
an
—V.
directors.
Television
A.
General
\
Sold
competitive bidding.
of
first
■
settlement
issuing
selected
a
proved, successful
bonds
B. C. R.
SEC..
&
K.
&
I.
L.
debentures
with
H.
P.
R.
Fed.
to
directors,
securities
to.
has
Total
Preferred
Qentral Maine Power Co.—^Tenders Sought—
voting privileges
receive
seven
and
in
first-
,
Discount
H. Rifkind has reserved decision on a petition
for approval of a settlement offer in a stockholders' derivative suit
against British Type Investors, Inc., Automatic Products Corp., Allied
Corp.,
its
improving
t & P. general mortgage 4s, due 1988— $11,647,430
C. R. I. & P. 1st & refund, mtge.
4s, due 1934
11,287,643
C. R. I, & P. secured 4% bonds, due 1952—
4,600,000
Choctaw and Memphis 1st mtge.
5s, due 1949
1,762,000
Choctaw, Oklahoma and Gulf consol. mtge. 5%
t bonds, due 1952—
945,139
and the proceeds from a bank loan of $40,funds, will be used by Niagara to make a con¬
to its subsidiary, Buffalo, Niagara & Eastern Power Corp.
This will amount, to
$63,000,000 and will be applied to the retirement'
of B„ N, & E.'s $1.60. cumulative
proferred stock.—V. I61,.p. 1992.
;
noon
British Type Investors, Inc.—Settlement of Suit—
$1,000,000
be
the
B. Fleming and Aaron Colnon, trustees of this company,
Aug. 8 decided to petition Honorable Michael L. Igoe, Judge of the
U. S. District Court, for authority to
pay $34,279,750 to holders of
outstanding bond issues and general creditors, in accordance with,
provisions contained in the Interstate Commerce Commission Plan of
Miscellaneous
Federal Judge Simon
Investing
will
This
demonstrates
Joseph
'
approximately
and
'
$9,156,000
15-year. 3 V* %
preferred
amendment.
Celotex
(
Being
underwriters
The
quarterly dividend of 93% cents per share Hbas been
the new 3%% preferred stock, par $100, payable Oct. 15
International
October.
in
1941
'
the
:
ti> holders of record Oct. 1.—V. 162, p. 452.
of
and
company's*
on
tribution
McMillan, who has been Director of Public Relations,
of the company for the past year and a half, has been elected Secre¬
tary.
declared
lower,
Chicago, Rock Island. & Pacific Ry.—-Court Approval
Sought to Pay Creditors $34,279,750 Cash Per Plan of
Reorganization— ■ - • :
*
amendment, u'-t
' •> - --The proceeds, together with the
proceeds from the proposed sale by
Niagara Hudson, of its holdings of 41,515 shares "of Central New York.
Power Corp. preferred and
201,500 shares of common of Consolidated
'
initial
Debentures
cumulative
filed-by
% T«j«v »
shares
445,738
of.
Bristol-Myers Co.—New Secretary—
An
5%
funds.
,
corporation
owned
8.3
—
1,335,497.000
1,185,410,000
1,070,793,000
1,008,013,000
% Change
000,0G0
■
or
the
-
Central Hudson. Gas & Electric
1C2, p. 120.
George
since
Aldens is
sellers
of
Edison
May
July
levels,
maintain
C. R.
$9,921,000
Corp.
1945
released
Trust-Co., New York, N.
Bank, Chicago, 111.—V. 161, p. 2784. '
credits,
'
1945
group*
used
to redeem
SEC—Shares
-
1943
prices.
Guaranty
"
the'underwriting
j
1,003,013,000 cubic
for July,
1944, an
Output compares as follows:
June
*
registered. $5,000,000
of
will, be
'
(In Cubic Feet)—
be
book
book
modernize, expand
plant and acquire manufacturing and mining facilities—V. 162, p. 668.
increase of 5.0%.
January.
\
'Net cash proceeds will be
12-year 3%% debentures, due July
added
cubic
to
in selected
continued
toy and gift fields.
season
best
This
Reorganization
corporation, has
100,000
prices
160, p. 323.
output
reports
company
at
expected
year."
$292;790;
;
,)
The
the
presentation
'
Corp.—Registers
Offering
allocated
Boston Consolidated Gas Co.—Output—
•
maintained
Interest; of 2V2% is now ijeing paid on
bonds,
due 1927
(stamped as to 25%
668.
p.
Celotcx
.
Booth Fisheries
the
last
accordingly
lowest
by reducing
fill
the
-
prepaid
payable;
Stock—
162, p. 348.
The
and
to
able
for
Chicago. Railways Co.—Interest
?
war
unclaimed
Days Ended July 31—
earnings
—V.
Inc,—July Sales Increased 12%.—
July 31—
of'
up
instru-'
stimulant to customers who would otherwise receive no catalog at all.
Renewed emphasis is placed on credit
selling in ihis book, as theGovernment continues to ease up on credit restrictions—V. 162, p. 244.>
post¬
$76,030;* total,' $12,126,434.
$490^574;
Traffic
Sales
in
big. book's
pects.
better
been
are
priced
.
to
Christmas
Again this
,
lines
are
book
conditions
Canadian Pacific Railway—Traffic
Earnings—
876.
Bond Stores,
fall
;
(348,000- shares, no par),
$4,050,220; earned;
cost' of 3,075 shares of capital stock of company
by that company, Dr$27,560; total, $12,126:434.—
2439.
1945—6 Mos.—1944
$38,296
$53,863
were
Per $1000
1945—3 Mos.—1944
____________
easing
again the company incorporates a large Christmas section
and'winter book,
but' plans
to follow this up with a
year
its
Christmas
receivable
textile
be
have
wc
guaranteed
catalogs,
pre-war
will
we
than
lines
of
y
Berkshire Street Ry.—Earnings—
Period End. June 30—
in
other
our
that
feel
Prices,
,This
stock
and
p.'
demand
all
bonds,, old age benefits taxes'
withheld, $99,373;^ notes payable—Regulation V loan,
$4,363,101;
reacquired
161.
we
high
policy
in
shown
spots
S. Treasury notes
deducted from
tax';
estimated
prior
charges,
account
on
$132,095;
capital
surplus,
world conditions permit.—V. 162, p. 667.
those
as
provision for, Federal taxes on income and contract settle¬
(net), $152,418; provision for old age and unemployment bene¬
taxes, $182,312;. provision for, other taxes, $74,551; provision for
casting
The
pages
of
to compile than any other during the war years.
"Despite
difficulties, however," says R W, Jackson, President, "not only
obtaining supplies' but also in transportation, and even printing
facilities, we are offering lines of most merchandise about as broad'
ments
fits
usual.
number
for
accrued,
and
the exoep-'
the
as
$1,142,314;
(after
than
in
in
paid,
80, 1945
accounts
later
increase.
the
•
'
$2,582,178;
days
reduction
a
this
difficult
Steel
dividend
'
30
and
in
factors
,
$2,268,000;
with
of
expanded here and abroad
$377,124;
11,
Aldens Chicago Mdil Order Co. has released
catalog to a customer list 10% larger than last
about
Since Aldens Chicago Mail Order Co. is primarily a soft lines house,
low ebb which textile supplies has reached made this catalog more
Co.
at June
as
banks.
indebtedness
profits
deferred
payroll
United States and Canada, the products of the 17 divi¬
the corporation.
It has established headquarters at the
corporation's New York office, 30 Rockefeller Plaza, and will maintain
a
staff
of
engineering, sales and
service personnel which will be.
sions
in
other
insurance
Aug. 6 by Ernest R. Breech, President.
on
division
new
and
Liabilities—Payroll
a
period,
Sheet
Catalog Issued—
dresses,
for
in
refund
war
Bendix Aviation Corp.—Establishes New International
of
Ordnance
Engineering
Winter,
the
and
second
reserve
Division—
formation
of
provision
less
investments
The
taxes
mortgages receivable,
$12,408; investments at
loss, $85,100; property, plant and equipment
depreciation, of $2,765,376),
$2,299,361;
cost
of
facilities for which certificates of
necessity have been obtained (after,'
amortization
of
$1,210,396), $1,760,590;
land.plant sites,
$111,905;
101,611
—
for
Balance
hand
on
cost,
$243,657
94,092
.
the
year's
$0.94
income
exclude
Cannon
,
certificates
(after
tion
profit
net
contracts
$223,451
—
——______
$323,517
hability—$3,064,000), $1,550,000; costs incurred for Government owned
equipment for which reimbursement is to be obtained, $72,660; invest¬
ments
in
wholly-owned .subsidiaries not consolidated, $35,000;
land
Corp.-r-Earnings—
1945
Net profit after charges.
Federal taxes
&
'
(net),. $1,712,050; .total
and
.v.';
:
6 Months Ended June 30—
Federal
accounts
Wyant
1942
$412,824
.$1.20
depreciation, $138,969; amortization of facilities for which
certificates have been obtained, $251,767; interest
expense,
provision for Federal taxes on income and; contract settle-,
Assets—Cash
4,569,402
./*
.
v,
Campbell,
$172,463.
243.
p.
charges,
[Consolidated
taxes.
and
other
tl943.
:
consolidated statement
$36,323;
" 9,858,538
Bellows Falls Hydro-Electric
-V.
Co.
necessity
33,704,525.
2,085,272
in
year's catalog is 510 pages in size, a decline of 42 pages from
book.
Pages dropped were mostly in women's coats, suits
and underwear and domestics, the most critical of the,
sbft lines departments today.
Other wearing apparel lines such as
children's, men's and boys' are approximately the same size as lastyear.
Sharp increases are shown in the accessory and home furnish¬
ings departments, and furs.
■
*
vision dor
$8,439,835 $56,671,739 $50,819,283-
.
purchased
This
operating
$50,862,933
store
winter
restrictions
and
1945,
1945—6 Mos.—1944
$8,447,141 $56,712,791
-r;6,213
*
$9,446,940
__
$1.09
and
Consolidated
Net
—V.
$9,453,153
—
Operating revenues
Operating expenses
Operating taxes
Net
1945—Month—3944
department
;
was
last
of income for six months ended June
30,follows;-- Gross proiit from sale of products, $3,888,678; other
income—net,, including cash discounts received and allowed'
and proiit from sundry sales, $114,339; interest
received, $9,002;- sub-'
total, $4,012,019; admintstrative and selling expenses, $797,231; pro¬
Bell Telephone Co. of Penna.—Earnings—
,
+1944
$379,936
$1.08
share—
depreciation
Foundry
2782,
p.
tl945
$377,124
-—
per
"After
See
Aldens
'
vy;:^y;;yyv: 'y^y^y
♦'Net
per.
third
and
Aug.
and
This
paper
Campbell, Wyant & Cannon Foundry Co. (& Subs.)~
Earnings^£><
:-y i. yy f; b ■ •
.: 'V
recordi
Fall
fall
mental
#
of
dividends
the
Illinois.
Beginning
its
year.
-
1945.—?
j
:
.
marks
of
New
;
the
and
the right to convert
to
up
This
-
State
.
recently acquired-S. M. Jones Co., of Toledo, Ohio, is con¬
templated, according to Mr. Flershem.
The Eclipse company; which the announcement
states^ is the largest'
enterprise in its field, will be operated as a wholly-owned subsidiary.
—V.
160, P. 2397.
Mills, Inc.—Larger Quarterly Payment—-
quarterly
common
Aug.
preferred stock have
stock
-
1
Beaunit
the
convertible
.common
563.
P.
'
'
the
of
same
:
the
the outstanding shares of 5% convertible preferred stock have
lor redemption on Sept.' 17, 1945, at $105 per share and
of
been
for foreign subscriptions and advertisements must be made in New York funds.
filed Aug. 1 with the SEC - a registration
for G0,(00 shares of cumulatitve preferred stock. 4% series.par■
The company is offering to the holders of its 52,478 shares
cumulative preferred the privilege of exchanging su^ shares
shares cn a share for share basis plus a cash
of the new preferred not issued under the exe^ange °ffer
7 522 additional shares will be sold to the underwriters to be
to the public at a price to be filed by amendment.
The net proceeds from the sale of the preferred stock for
bo used to the extent necessary to redeem the old preferred
per share, plus accrued dividends.
The
company
group,
of the Holding Company Act
hearing and contrary to due process of law.
administration
$SO.
of 5%
for new
The
offered
&b°ut Oct. 2, 1945,
1, 1963. Pro-,
15-year 3 /a /o
debentures at the redemption price of 103 plus accrued
any balance from sale of stock and debentures will
fund
and
added
Jng.
, ,
Financing—
& Co., First
to the SEC the sale of $22,000,000
at par as a temporary financing
measure
in anticipation of its complete integration plan which the
company said would not be ready for several months.
The SEC will
hold a hearing on the application Aug. 15.
Proceeds from the sale of the nctes, with $10,640,000 treasury cash,
•will be used for the redemption of Columbia's 25-year 5% debentures,
due May 1, 1952.
Outstanding in the amount of $32,000,000, the bonds
•will be called at 102 plus interest.
'
The company said the redemption of the bonds would result in an
interest saving of $1,270,000 annually, less a tax offset of $76,200.
The net interest saving would be $1,193,800 a year.
In addition, the
charge presently being made to income for amortization of the bonds
will be eliminated and thus income will be increased by approximately
$1,220,000 a year.—V. 162, p. 351.
Southern Ohio Electric
Columbus &
Ended June 30—
revenues
operating
Total
Operation
—
Depreciation
misc.
State, local and
♦Federal income
f Balance
Net
in
inclusion
to
Bond
on
-
for
by Mr.
the common stock of The Crosley Corp.,
Crosley and members of his family.
J-
r
.
.
Commission on Aug. 2 approved the
Cincinnati, end other radio facilities of
Crosley Corp., to the Aviation Corp. of New York.—V. 162, p. 352.'
WLW,
station
radio
of
The
Debentures—
1994.
$2,732,842
$2,425,964
476,878
409.079
$1,949,086
50,375
1,617
$2,138,744
55.250
____
$2,276,158
47,125
'.
1,514
25,000
1,597,755
120,000
1,195,141
&
1,738
$604,764
$581,953
7,539.507
7,263,459
$658,432
5,821,047
____________________
$8,144,271
$7,845,411
$6,479,478
412,000
412,000
$7,732,271: $7,433,411
$1.51
$1.45
$6,067,478
$1.65
.
412,000
plus State tax
paid,
$3,141,406
Earned
surplus
per share
Earnings
,
and
purpose of
.
Condensed Consolidated Balance as of June 30,
Net
1945—3 Mos.—1944
L
$159,300
$0.17
after chgs, &
prof,
taxes
1945—6 Mos.-~1944
•;
Earns,
per
Note—The
and Cuban income
the 1945 quarter, compared with
in
of $210,000
amount
1
$191,853
$0.20 ^
$245,631
$0.26
taxes provides for Federal
lor
reserve
the
in
taxes
share.
com.
$122,330
$0.13
the second quarter of 1944.
For the first six months of
1945 the
reserve
for taxes was $301,000, compared with $266,000
during the corresponding period in 1944.—V, 161, p. 2107.
for
$156,000
1,423,325
:
.
Total
M
$2,547,824
456.685
balance
par
Cuban-American Manganese Corp.—Earnings—
Subs.)—
1943
surplus
stock
two
value,
authorized
9
without nominal or
(issuable in series),
stock,
ferred
Aug.
on
,
1944
income
Net
(new) classes of pre¬
viz.; Cumulative pre¬
cumulative second preferred
stock (convertible), for the
redeeming or retiring all of
the 529,635 shares of $5 cumulative preferred stock now outstanding.
—V. 161, p. 2217.
stockholders
Period End: Juirte 30— •
'
1945
________
inc.
Corp.—Recapitalization Approved—
Crown Zellerbach
The
ferred
;
contingencies—_.
exc. profits taxes
for
for
Earned
795,143
'
,
expense
Prov.
—„_
$3,843,154 $3,936,549
——-——.————45,120
26,866
Operating income
(pet)
Other income
.<
Provision
750,291
consolidated
return——————,
tax
Federal
161,„ p.
from operations
long-term • debt
.
profit
Interest
$3,092,862
————
—— — -
due
tDifference
below.—V.
Corp.
proiit & other inepme (net).
for deprec. & depletion—
Mfg.
Frov.
Dividends
:
held
Communications
Federal
The
,
Months Ended June 30—
6
3,553,575
3,360,814
profits taxes——
and excess
669.-
p.
Consolidated Water Power & Paper Co. (&
6,659,735
1,238,638
1,859,714
1,502,185
\ 7,059,567
r-—1,179,562
1,825,053
Federal taxes———.
1,943,578
—--—————-
___
Oil
Sinclair
Earnings—
Co.—Earnings—
———-—-—
Maintenance
162,
Consolidated Oil Corp.—Redemption of
See
1945
1944
$18,461,437 $17,955,253
/.>
3.8%.—V.
of
increase
.
payment
been
V Sale of Radio Station Approved—
sale
on Aug.
15 announced that System output of elec¬
generated and purchased) for the week ended Aug.
amounted to 166,200,000 kwh., compared with 169,100,000
kwh. for the corresponding week of 1944, a decrease of 1.8%.
Local
distribution
of electricity amounted to
163,700,000 kwh., compared
with 157,600,000 kwh.
for the corresponding week of last year, an
-
in
had
1945,
12,
corporation has proposed
two-vear
V/2% notes to banks
President of The Aviation Corp. and newly-elected Presi¬
The Crosley Corp., tendered to Power Crosley Jr. checks for
of
which
(electrity
.
.
controlling interest in Crosley occurred when Irving
the
of
interest in this corporation to
Powel Crosley Jr., founder;
its organization, has just
New York City, by
Crosley
Corp.' since
made.
$12,117,339
company
tricity
Corp.—Plans Temporary
The
•
controlling
Babcock,
dent
:
the
of
Corp.,
of
Transfer
B.
Inc.—Output—
Consolidated Edison Co. of New York,
The
head
been
plant will enable it to increase its pro¬
plant by approximately 80% as to bakery
that
'
The
12 Months
at
Aviation
and
Chicago
its
transfer
The
and by approximately 300%- as. to . candy,- and to double its
production capacity of bakery goods at its West Roxbury plant.
The principal underwriters are F. S. Yantis & Co., Inc., and Dempsey
& Co., both of Chicago.
The price of the stock will be $20 per share.
—V.
162, p. 669.
,
Electric
&
Gas
war
the
Transfer of Control—
Formal
goods,
1945—30 Wks.—1944
$7,144,799 $52,483,658 $55,002,969
$6,796,851
,
Columbia
'
1945—4 Wks.—1944
July 28—
-l-ll------162, p. 351.
—V.
to
capacity
additions
the
duction
in Sales—
Decrease
Period End
Sales
js headed by Hemphill, Noyes
Peabody & Co.
group
and Kidder,
Corp.
Boston
,
with the SEC
stock, par $20.
The
approximately
$1,080,000 for the purpose of enlarging its Chicago and West Rox-;
bury, Boston plants, for the purchase of additional machinery and
equipment, and for working capital.
The company anticipates that
has arranged for the private sale
of $3 250 000 3%
sinking funds debentures, due April
ceeds 'wil'l be used for the
redemption of $2,315,000
interest,
With SEC—
on Aug. 6. filed a registration statement
shares 4'/2% convertible cumulative preferred
company expects to use the preceeds estimated at
of
assets
current
Company
for 60,000
company
sinking
.
from
renegotiation.
Total
counsel for the
resulted
company
to
upon arbitrary
without a full and fair
Consolidated Biscuit Co.—Registers
cash will
at $52.50
contracts and are, therefore, subject
■« ;
■ ■■,;
corporation, as of June 30, 1945, were.
$31,283,801 as compared with $27,408,113 at the end of the first half
of 1944, the report -shows.
•/•
With the corporation's plants and equipment and other assets, the
total assets of the company, as of June 30, this year, were $37,992,557
as compared
to $33,155,613 at the same time last year.
The company's earned surplus at the end of the first half of 1945
was $10,109,071,
as compared with $8,587,009 on June 30, 1944.
Reserves for special purposes and contingencies now total $2,656,873,
as compared to $1,626,091
at the same time last year.
J •:
the
rehearing
has been consistently opposing the company's
shares of common and 179,387 option warrants.—
which
group
plans holds 328,597
V.
162, p. 669.
pius the
The
which was ,filed by Alfred J. Snyder,
the Commission's orders were based
petition,
averred
The
SEC—
18, 1945, denying the petitioners a
matter.
the
in
July
Commission of
the
Va.—Registers with
Norfolk,
Inc.,
Stores,
Colonial
Monday, August 20, 1945
COMMERCIAL & FINANCIAL CHRONICLE
THE
780
1945
receivable (after reserve
$4,443,473; investments
and other assets, $1,266,849; plants and equipment (after reserve for
depreciation of $11,832,151), $10,582,125; land and riparian rights,
$4,420,274; timberlands
(after depletion), $1,045,949; patents (cost
less amortization),
$72,495; -deferred charges, $365,843; total, $26,Assets—Cash, $2,086,545; notes and accounts
losses of $12,768), $2,031,524; inventories.
Cudahy Packing Co.—New Preferred
stockholders
The
the
tive
all
of
shares
special
a
Stock Voted— ^
held on Aug. 17 authorized
$100 par value 4»/2% cumula¬
meeting
shares of
new
stock for the purpose of retiring on terms not yet
presently outstanding 20,000 shares of 6% and 65,505
cumulative preferred stock and to provide additional
preferred
announced
at
100,000
of
issuance
7%
capital.
working
tho
of
Shares
issued
not
stock
new
under
the
offer,
exchange
together with the remaining 14,4.95 shares, are to be sold to under¬
writers for public offering,
Goldman, Sachs & Co. heads the under¬
group.—V.
writing
162,
§66.
p.
for
income
Gross
995,773
$2,892,500
827,548
income
—
Dividends
i.
—•
—~
-
preferred stock
on
$2,877,944
827,548
$2,064,953
deductions———.--^—,—-—
Net
$3,963,415
1,085,471
$2,050,336
$3,888,273
—-
Income
Total
—
315.078.
——————
■"Represents the estimated
after
deduction of post-war
file
to
return.
separate tax
a
Federal income and excess profits taxes,
credits, if the company were required
<
-
.b(,
,u
income and excess profits taxes, after de¬
credits, due to the inclusion and the contem¬
plated inclusion of
the income of the company for the periods
involved in the consolidated tax returns of The United Light & Power
Co.
and The United Light & Railways Co.,
affiliated holding com¬
tDifference
Federal
in
post-war
of
duction
1945), $1,500,000;. bonds
maturing Nov. 1, 1945, $100,000; accounts payable, $194,182; property
taxes, $291,829; income, excess profits; and capital stock taxes (after
U. S. Treasury tax savings notes of $1,500,000), $1,284,281; payrolls,
interest,
and other accruals,
$457,071; long-term debt, $2,800,000;
deferred credits—royalties, $71,250; reserves for contingencies, $998,843;
reserve
for compensation insurance, $80,160; contributions in aid
of
construction.
$1,528;
capital stbek ($25 par), $10,000,000;
earned
surplus,
$7,732,271; capital surplus, $803,662; total, $26,315,078.—
'
panies.
...
been
redemption
for
called
on
1,
Sept.
the killowatt-hour output totals
and percentage comparisons with last year:
lowing
are
Week Ended—
4
:
—a
July 28
—V.
186.980,000
—
July 21
190,143,000
190,28G,000
186,966,000
185,662,000
187,168,000
186,956,000
—
184,034,000
__________
the past
1944
1945
1
Aug. 11
Aug.
of
such sale.—V.
"
with
four weeks
•
Issue—
Abnormal
of
June
Co.—Quarterly Report—
30,
Interest
income
Total
'
___
_______
Expenses
:
1943
$32,467
3,060
3J8G
2;242
'.
$32,893
$33,470
___
9,006
_____
____
1944
$29,707
1945
—
.
8,474
new
Net
income
from
before
sale cf
gain
$34,710
7,901
Net
ihcome
declared,
__
$24,464
$24,419
cash
$103,331
$38,593
$59,453
33 277
28,587
Assets—Securities
at
market
quotations
(carried
cn
books
of
com¬
at average cost, $1,755,915), $2,104,984; cash on demand deposit
$60,842; interest receivable, $8,684: total, $2,174,511.
pany
Liabilities—Current
payables and accruals, $2,947; dividend
Total
545,000
Net
set
aside
amended recapitalization plan.
The petition also asked the
grant a stay of all proceedings pending review of the orders
"Since "these petitioners would be irreparably injured" if the orders
were
enforced or
complied with, in any respect, prior thereto.- The
petition likewise asked the Court to review 'and set aside an order of
pany's
to
2,128.206
;■
—________$128,637,708
...
;
$2,000,000
2,000,000
2,663,975
1,363,800
118,950,100
—
premium, discount, taxes and contingencies,-
Loans payable
and due to banks and customers..
1,616,279
contracts
Unearned discount
of
in
19,
the purchase of
amount to more
Croslev
submitted
Corp,
Aviation
to
share, according to Mr.
Corp.
approximately
sales—
all
inc.
Fed.
Cup Co.—Earnings—
after
1945
♦After
2217.
$965,340
$952,977
$2.56
•
$2.50
on
stock
excess
1943
1942
$899,564
/ 1944
*$828,902
$2.23
$1.89
and
t,axes___
share
per
common
p.
int.
income
tEarns.
■
.
profits
taxes,
ton 202,666
,■
common
'
.
shares.—V
160
"v
.
Detroit Steel Corp.—Earnings—
for sale at an agreed price of
Earnings for Quarter Ended June 30, 1945
Babcock.
Six Months Ended June
A'
324.
p.
12 Mos. End. June 30—
400,000
♦Net
$199,261
$0.48
profit
Earnings per
30
share on 411,874 shares
including estimated provisions for
tiation and Federal income taxes.—V. 161, p. 1995.
♦After 'all
known charges,
renego¬
-
charges,
including
amounting to $272,900 were paid to stockholders
the first half of 1945, the same amount as had been paid
in. the first six months of 1944 and 1943.
In
additionto setting aside $4,805,154 as a provision for Federal
income and excess profits taxes, the company in the first half of 1945
reserved $G12,000 for contingencies as a result of renegotiation of war
contracts and other contingencies.
Notes—Dividends
during
,
__$128,637,708
160.
Dixie
Net
42,113
,
Total
—V.
Crosley Corp., which was
than $21,000,000.
Of the
outstanding,
1,442
Sundry credits
161, P. 2441.
Federal income and excess profits
taxes (taxes amounted to $4^805,154 in 1945, $6,322,582 in 1944 and
$6,434,019 in 1943).
ton 545,800 shares of capital stock,
1 _•:■••_
group
Court
a
♦After
Group Seeks Review of Plan—
of holders of the common stock of the corporation has
the Circuit Court of Appeals at Philadelphia to review and
the order of the SEC of June 30, 1945, approving the com¬
banks__
_____________
Reserve for
1945
1944
1943
1942
$55,900,237 $49,088,606 $42,013,188 $12,023,063
♦Net
profit—_________
1,318,818
2,556,288
2,654.135
-381,001
tEarnings per share
$2.42
$4.68
$4.86
$0.70
weekly
petitioned
shares
Earnings for
this- corporation,
A
of oil on
the Crosley family.
June
on
Southern Corp.—Weekly Output—
kilowatt-hour output of electric energy of subsidiaries
adjusted to show general business conditions of
territory
served for
the week ended Aug, 9, 1945, amounted to
250,367,521 as compared with 249,048,064 for the corresponding week
in 1944, an increase of 1,319,457, or 0.53%.
The
of
from
Capital stock
Surplus
Undivided profits
appointed Comptroller, succeeding N. J.
Department.—V.
commitments
have been
$39
&
due
Liabilities—
pending approval of the Venezuelan Con¬
Cunningham has been
R.
announced
net
Commonwealth
and
Total
concessions
other members of
payable
assets (valuing securities owned at market quotations)'
$2,149,365; shares of . capital stock held by public ($1 par value)'
$370,133; net asset value per share, $5.81.—V. 161, p. 2329.
'
$22,199';
Cash
will re-invest approximately $35,000,000
and development expenditures during
the site of a new refinery and the first discovery
in Eastern Venezuela was also reported.
59,885
Sundry debits
figure, which includes
barrels per day for the
Crosley Corp.—New President Elected—Control Ac¬
quired—Price Paid Was $39 Per Share—
Irvir.g B. Babcock, President of Aviation Corp., has been elected
President of the Crosley Corp.,
a controlling interest in which was
acquired on Aug. 7 by Aviation Corp. in a transaction involving the
payment
of approximately
$12,000,000 to Powel Crosley, Jr., and
Statement of Net Assets, June 30, 1945
2
day during this period, A. T. Proud-
32,644
44,303
__________
___
as
.Ren gi#;
Acceptances discounted
$1,670,481
U. S. Government securities; at market or less_________„„ 104,309,492
U. S. Govt, securities, invest, account, at par or amortized
cost
;
20,040,569
Interest receivable accrued
:
429,076
$1.19
$1.41
,
Creole
that
York—Balance Sheet June 30,
Assets-
1945
1944
$37,500,000 $31,800,000
■
Accounting
the
.
14,174
will
Discount Corp. of New
Beals, who resigned to accept an appointment in the producing depart¬
ment of Standard Oil Co. (N. J.).
Mr. Cunningham was Manager of
$26 809
'
78,867
_
_—
Dividends
securs.
sale of mar-
of
terms
of A3A%
share
1945—
Comptroller Appointed—
realized
marketable
Net gain realized from
ketable securities
common
a
Shoe
Diamond
Security
I.
'
of 1944.
of Port Turiamo,
Selection
gress,
-
the proposed merger, holders of common stock
receive, in exchange for each share, 12/lG0th
cumulative preferred stock, par value $100, and
one share of common stock,
par value $1, of the Beck corporation.
The proposal has been approved by stockholders owning an aggre¬
gate of over 77% of the capital stocl^ of the company.—V. 162, p. 669.
the
Under
net income in drilling
of current
$30,410
'
■
—
announced on Aug. 17.
This
royalty oil, compares with 347,000
1945.
5
dividends
Income,
the
■
becomes effective, the
merger
existence under its present name of A. S.
of
1945
estimated
is
the
of
-
23,606,610 shs. outstand.
of 409,000 barrels per
months
first six
It
on
called for Sept. 10, to
into its wholly-owned
Beck corporation will con¬
Beck Shoe Corpora¬
tion, and the corporate existence of Diamond Shoe will terminate.
When
tinue in
etc.—
<
President,
purchased
Earnings for 6 Months Ended June :)0
'
,
declared
special meeting of stockholders has been
on
a
proposed merger of this company
A
vote
demands for Venezuelan crude oil during the first
resulted in net production by this corporation of
war
of
months
average
an
fit,
basis
the
30—
Earnings per share on
1945," market values, the company's net
asset value was equal to $5.81 a share, compared with $5.24 a share
on
Dec. 31, 1944, and $4.98 a share on June 30, 1944.
On
been
income____^____—
net
Consolidated
„
0.9
667.
161, p.
'f'.subsidiary, the A. S. Beck Shoe Corp.
31 to holders of record Aug. 21.
This compares
share paid on Feb. 28, last, and on Feb. 29 and Aug. 31,
161, p. 2555.
'
6 Months Ended June
six
-
has
July 26, 1945, ap¬
per
Creole Petroleum Corp.—Earnings,
669.
162, p.
Commonwealth Investment
share
per
on
Diamond Shoe Corp.—To Vote on Consolidation—
payable Aug.
$2
1944.—V.
% Decrease
1.6
1.7 Kj,
$4
of
dividend
A
Co.—Option Approved
special meeting held
a
splitups, and sale of shares by the company through subscription war¬
rants at a price less than the market price prevailing at the time of
company
stock,
at
stockholders
the granting of an option to Lehman Brothers to purchase at
any time within live years
at the price of $33.50 per share, net to
company,
10,000 shares of the common stock of the company, such
option to be exercisable in whole or in part, and from time to time,
and to contain protection against dilution in case of stock dividends,
Continental Mills—To Pay $4 Dividend—
Electricity output of the Commonwealth Edison group of companies,
other electric utilities for the week ended Aug. 13,
showed a 1.6% decrease from the corresponding period last year.
Fol¬
2217.
p.
proved
1
excluding sales to
161,
above.—V.
Corp.,
Dayton Rubber Manufacturing
The
14,
has registered with the SEC $113,825,000 first mort¬
gage bonds, due 1975, to be sold under competitive bidding.
With the proceeds from sale of the bonds and $15,000,000 of instal¬
ment notes, plus $12,000,000 of other funds, company will retire $113,825,000 of outstanding bonds and 191,924 shares of $5 preferred stock.
—V. 162, P. 566.
Commonwealth Edison Co.—Weekly Output—
:
Dec
132.
p.
The
next, $200,000
of first mortgage 3J/4 %
bonds due Sept. 1 1970, at 106% and inter¬
est.
Payment will be made at the City Bank Farmers Trust Co.,
trustee, 22 William St., New York, N. Y.—V. 161, p. 2329.
have
There
162.
(due
Consumers Power Co.—Files New Bond
$200,000 of Bonds for Redemption—
Calls
V.
Atlas
See
t
payable
Liabilities—Notes
Balance
Inc.—Sells Interest in Magazine—
Cuneo Press,
them
Substantially all profits realized by the manufacturing division of
Dow Chemical Co.—Leases
-
-
*
Part of Plant—
of the Defense Plant Corporation plant at Ludington
Mich., has been leased by The Dow Chemical Co. of Midland, Mich'
Dr. Willard H. Dow, in announcing the signing of the lease recently'
said that Dow will use the facilities for producing lime and magnesium
chloride liquor.
Both of these materials are now required for war
and emergency work, but it is expected that peacetime outlets can be
-
A
portion
developed.
Prior
order,
duced
_
September, 19'44, when it ceased operation on Government
Ludington plant, operated by Dow Magnesium Corp
pro¬
cell feed for the 72,000^00 pound DPC magnesium plant at
to
the
Marysville,
Mich.—V.
162,
p.
566.
,sA»>
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
162
other food packaging materials for national bakeries and candy
Prior to-the-war a considerable sales volume was built up in
Bonds—
Eastern Gas & Fuel Associates.—Calls 4%
first mortgage and collateral trust 4%
bonds, series A, due March 1, 1956, have been called for redemption
as
the result of new financing which is part of Eastern's plan of
recapitalization filed with the Securities and Exchange Commission
All. of
June
the
of
5
outstanding
this
Holders
year.
the bonds,
of
board
will
<
Mellon
books
p.
670. V-
.
Eastern Racing
of
$8
which
For
the
ating
ended
week
of
companies
Power &
Aug.
1945,
9,
Electric
ment
A.
106,949
*4,919
98,243
4,937
*4.6
5.0
rescinding
certain
V.
reorganization
27—
plan filed by
found
The
the
22.
of
with
and
major
on
railroads
large areas.—V.
over
161,
p.
Prov.
-V.
$583,057
$720,541
233,168
229,240
234,233
243,983
725,000
355,000
63,000
$497,541
$285,824
etc.
Fed.
for
inc.
tax
profit
162,
agreements
dated
.
shares
(2,813)
by
Maynard
will
used
be
and
plant
for
for
purchased
were
Murch
H.
modernization
certain
30—
_
..
Utilities
the
the
who
Gross
Filene's
sold
and
of
mechanization
1,059,301
1,068,416
722,223
1943
1942
*$3,759,915
$9,126,781
$9,971,713
1,032,199
1,034,253
826,975
$2,886,577
$2,727,716
46,475
$8,092,528
$9,144,738
33,648
$2,920,225
$2,774,191
Profit
—
—
Profit
a
interest
Bond
$1,269,322
$833,822
Co.—Extends
Sons
Offer
39,323
$1,769,191
21,931
Operating profit
Other income
for
Real
Estate Trust
the
request of
Interest,
Loss
on
etc.
—
sale
of
■'* ^
The
a
debt
227,012
257,977
313,474
385,811
423,027
tl,537,226
560,300
15,231,700
6,707,000
\
V
1*
u
x
-f
$'
'
1
Craft
sold
each
$5
at
Telephone
excise
general
taxes.—
Fed.
this
for
habil.,
60,854
—
General
729,000
371,276
contracts
The
29,108,322
20,821,288
12,150,797
1,259,005
$4,475,276
$1,440,944
590,758
724,740
247,233
168,380
$5,443,593
$4,983,745
$4,722,508
$1,609,324
830,720
inc.
59,000
Net
profit
{Earns.
per
♦After
share
cost
deducting
$182,021
$0.75
$247,177
$1.01*
—
„
com.
products
of
sold
amounting
$133,240
$0.55
two
Sheet,
The
to $8,343,352 in
at
hand and
on
$11,077,950.
and
reserve
for renegotiation
(estimated!, $330,200; portion of
to July 1, 1946, $348,000; tim¬
161,
p.
2658.
Stock—...
Mich.—Registers
;7-u"
purchase of approx¬
formerly the Detroit
SEC
Aug.
this
■comoanv, which was organized in
1920 and now operates two plants
in River Rouge,
Mich., totaling 260,000 square feet, in addition- to
wholly owned subsidiaries in Cleveland, Philadelphia, Pittsburgh - and
Long Island City.
The present financing is for certain stockholders'
Simonds
Baker,
29,000
&
shares
Co,
of
has
arranged
for
the
stock of this company,
Paper Co.
Registration of the shares was filed with the
11,
This will be the first public offering-of shares of
accounts.
-
Fabricon
-
contract,
Rensselaer
of
start
the
>
11
-
,
amounting
plant
will
'
<
,
•
-
•'
,
26 Weeks Ended—
Net
income
.income
a
leading
producer
of
printed
bread
wrappers
and
1945
'Estimated
in
1944
Federal
and
$1,405,687
$0.29
$0.35
amounted
to
1943.—V.
in
$1,521,006
161,
o;v
revenues
162.
of
in
$802,281
$0.29
1945, $1,220,156
General Mills,
Gintzler,
New
1998.
p.
Public
York,
of
<
The
dividend
new
series
and
of
&
Power
Co.
in
Millett
Corp.
the
to
to
the
record
to
at
the
subscribe
each
20
shares
three-for-one
of
The
subscribe.
of
for
rates
stock,
the
on
which
represents
rate
of
General
of
MiUs
company
the
at
close
one
common
of
share
stock
wi'l
proposes
business
of
the
have
to
Sept.
new
after
held
the
first
■corporate
After
have
split
on
up
Aug.
offered
a
and
years
stock
.
.
to- the proposed financing and to
split-up of three shares for one.
the
outstanding $9,900,000 of 2*4%
debentures due
in
the
.
1954;
will
221,473
Kraft
Public
the
the company
Bag
Corp.
Kraft
of
60%
Isaac
at
the
company's
paper
public
mills
Gilman
owns
Substantial
stock
will
auction
at
25,000
Gilman,
Electr,ic Light
interests
Activities of
unbleached
paper,
Trust
&
Gilman,
Co.
of
With
The common
yarn.
of
Paper
also
Bank
National
estate
voting rights.
founder of the company,
represents
held
are
the.
concern
sulnhate
pulp,
(10 shares, par
$100
,
died
a
year
the
and
ago,
a
$80 per
share for the entire
balance
due
in
three
date,
after
annual
equal
(3)
and
after
years
the
third
,
block of stock, payable
payments,
date;
the
payment
per
the
second
five
by notes, collateralized by 25%
annum).
6 Months
Ended June 30—
Operating profit'
Taxes
and contingencies
Net
profit
'Earnings per
'On
,
companv
and
of
of Gilman
(5)
first
75%
cash
payment
common
4.305,231
share
shares.
net sales for
,
payment four
years
after
to
$4)
date,
of the stock purchased,
"
I
.
.
Graham-Paige Motors Corp. (& Subs.)— Earnings—
the
proposed
Me.,
paper
to be evidenced
of
effect
Lewis
shares
N. Y.
bearing interest at 3%
21.
purposes.
giving
1943-
$1,348,713
exclusive
sale
the
become
convertible preferred
to
1945
,
oppor¬
effect
July 31—
liquidation of his holdings in the 3% par¬
ticipating cumulative preferred stock.
V
-"v'.'N
No
bid or bids, whether
for a parcel or for the entire (block of
stock being offered, in an amount equal to less than $80
per share,
will be received, considered or accepted
(The Gilman Paper,Co. has
issue
to common
7, 1945, warrants
giving
$1,410,813
$1,337,205
and St. Mary's Kraft Corp.
Gilman,
present
common
stock to be acted upon by the
Warrants will expire at 3 p. m. Sept. 19.
Net proceeds from this financing will be
added to the company's
general corporate funds and used, among other things, to finance
future plant expansions, alterations and acquisitions, should circum¬
stances
make
such
a
program
advisab'e
in the
post-war
period.
Proceeds may also be used to increase working capital and for other
stockholders
S.
executors
as
and
has
preferred stock, will be specified in
registration statement.
stockholders
Common
tunity
company,
conversion
Louis
manufacture
bags and
Isaac
presently authorized
amendment
an
the
by
1944
represents approximately
preferred stock (par $100).
and Howland,
each)
largest flour milling company in
the
United
States
and
a
leading
manufacturer and distributor of
packaged cereals, is proposed with the filing of a registration state¬
ment Aug.
11 with the SEC for an issue of 100,000 shares of con¬
vertible
preferred stock ($100 par).
Dillon, Read & Co. Inc. will
head a group of investment houses which will underwrite the issue.
financing
1944
■
$1,404,303
—Jan. 1 to,
$185,594
$180,725
...
stock
The
Vt.,
include
Inc.—Registers Preferred Stock—
End. July 31
569.
p.
15,099
shares
taxes
;
1944
$62,100
10 Days
Gilman Paper Co.—Preferred Shares at Auction-
24, '44 June 26, '43 June 27, '42
*$843,562
$0.32
$1.09
—Jan. 1 to Aug. 7
1944
$67,098
...
preferred
Aug. 22 in New York,
*$788,489
$887,259
$1.70
—
1945:;-
Operating
General
June 30, '45 June
Earn, per share on com.
common
;
•
is
Period—
immediately
Fed.
after
taxes
'
r
Week End. Aug. 7
Operating revenues
—V.
Co.—Earnings—
$2.02
tAfter deducting $300,000 for post-war
provision for estimated renegotiation
Georgia & Florida RR.—Earnings-
offer
General Baking
'
$1.7?
profits tax.
{Includes
excess
Period—,
$750,000, is for a wash house
Aniline Works Division.
on
both
projects.—V.
162,
to
6,195
$642,210
com.
on
—
Morris
stockholders
Fabricon Products, Inc., River Rouge,
Wax
$962,264
paper
indebtedness maturing prior
$11,077,950.—V.
$1,209,560
.
161, p. 1998.
671.
payable to banks (under Regulation V), $2,700,000;
contracts, .pavable in instalments (after minimum pay¬
ments
of $348,000,
due prior to July 1, 1946, included in current
liabilities),
$308,600;
reserves,
$442,226:
capital stock (par $5),
$1,220,953;
capital
surplus,
$1,351,729;
earned surplus, $3,313,558;
imately
each.
second
the
on
purchase
total,
$1,211,801
refund.—V.
Co.
payable-, $31,261: trade accounts payable, $373,817; payrolls
and payroll taxes, $343,676; miscellaneous accounts payable, $40,915;
accrued
royalties, taxes, commissions and other expenses, $146,719;
reserve
for price redetermination of war contracts, $102,424; foreign
and
State
taxes on
income
(estimated), $23,873; Federal taxes on
ber
.....
portion.
Film
Ansco
June 30, 1945
other notes
long-term
the
19,971
refundable
$1,500,000, is for a
new power¬
Division of General Aniline at
aggregating
for
88,831
sh.
per
'Includes
announced.
firm
.
Liabilities—Notes
income
built
Construction
deposit, $2,686,570; marketable securi¬
ties (Dominion of Canada bonds), at cost, $30,611; trade accounts and
notes receivable (after reserves of $128,969), $2,412,605; expenditures
for tools and dies and all other charges to be billed to customers,
$14,821;
advances
to
logging
contractors,
$130,852;
inventories,
$1,997,379; investments and other assets, $552,978; timberlands, at cost,
less
depletion,
$1,780,823;
property,
plant and
equipment (net),
$1,316,917; patents and licenses, $1; deferred charges, $148,393; total,
Assets—Cash
kva.
3,000
p.
Balance
contract,
be
Corp.,
McGraw
The powerhouse will measure approximately 100
by 100 feet, and will be 60 feet in height.
With a structural
framework, the new building
will house three steam boilers,
with a steam power of 40,000 pounds per hour, which will drive
turbo generators of 300 kva. each and
two turbo generators of
steel
.1945, $5,594,062 in 1944, and $6,672,639 in 1943
{On 244,190 shares
(par $5)),
SIncludes provision of $722,700 for excess profits taxes.
Consolidated
to
Film
&
the
of
8,583
101,072
Stock
and constructors, have received
aggregating $2,250,000, from the
Rodman B. Doremus, Executive Vice-
—
250,000
charges..
profit.
Earns,
14,149
\ t2,750,000.
Mills.
Miscellaneous
•
*650,000
of
stock
pref.
on
288,187
400,000
.
$3,300,000 \
—...
*
513,000
$241,593
$0.99
Awards Two New
—
340,272
385,353
$3,300,000
tax.
Binghamton, N. Y.
feet
288,000
Corp.
Co., engineers
new construction,
for
Aniline
first
house
509,666
1966,676
Film
&
&
McGraw
General
re-
conting—
etc.,
H.
F.
two
143,390
Cr32,324
Aniline
Contracts Totaling $2,250,000—
$785,630
$1,791,123
69,853
and
$33,367,327 $25,296,563 $13,591,741
—
Aldora
1942
1943
39,336,731
profits taxes
Prov. for contingencies.
Divs.
(& Subs.)—Earnings—
$4,852,835
_
income
Net
200,000
.
earned
post-war
Payments in 1944 were as follows: April 15, July 15
16, 22 cents each; and Dec. 23, 54 cents.—V. 162, p. 671.
year.
Oct.
each
:i-
Aug. 8 declared a dividend of 22 cents per share ;
par $2, payable Sept.
15 to holders of record
distribution was made on March 15 and June 15.
on
similar
A
162,
^,
,
oper.
Frov, for Fed.
stock,
capital
3.
President
tax, eto.—.
comm.
income
Prov,
directors
the
below.—V.
v-
1944
$44,189,566
Interest
Sept.
Corp.
:
■
adminis.
Depreciation
Fundamental Investors, Inc.—22-Cent Dividend—
for
credit.—
Signed—
Telegraph
&
1945
income
Total
con¬
1944
discts.,
and
'Profit from
Other
in
post-war
allowances
expenses
by
stock.
common
&
Government
$170,803
for
1943
,
May 31—
less
sales,
and
Floyd D. Cerf
Co., of Chicago.
The underwriter's fee is 75 cents per share.
The
company
also
registered
10,000 shares to be issued
to the
{ estate of Eban D. Norton in exchange for 100,000 shares of Funbe
of
and
1945
in
(<
Cost- of goods sold, sell.,
company, manufacturer of ultra-violet ray lamps, has
regis¬
with
the
SEC
90,009 shares of 30-cent Cumulative preferred
shares will
in
$581,300
General Tire & Rubber Co.
returns
$1,046,082
renegotiation
for
$167,605
and
;
6 Mos. End.
'•'
($1
The
credit
672.:§>^
Net
■"
tered
par).
deducting
International
See
System
'
provision
deducting
tAfter
retirement
300,000
$1,706,240
$555,961
General Telephone Corp.—Contract
p.
5"»
>"7 ;
$762,644
733,000
300,000
/.
•
*
,V. 162, page 9.
list of the
stock
plant &
equipment
Inter-Co.
$873,145
$1,310,559
78,706
income
$9,181,894
422,140
profit
tracts.
a number of shareholders of the Trust.
Among
extension, he says, is the fact that only within
such
for
Fun-Craft, Inc., Chicago—Registers Stock—
;•
Total
37,156
$8,111,715
tl,508,429
inc.
contingencies-
'After
time within which
Food Machinery Corp.—Builds New Conveyor
75,077
19,186
'ir;.
tax
excess
Trust
for
Built by this corporation to meet the "assembly line" needs of pack¬
ing houses, an accordian, portable, conveyor system is now available
to all industry, it is announced.—V. 161, p. 2786.
$710,553
41,237
r
1944
profits tax-
and State
663,452
expenses
(& Subs.)—Earnings-
868,775
amortiz.—
and
Fed.
the past few days has there been available to the company
$1,374,005
*$2,491,414
to
Successor
Be
latter company above.
see
1945
Other income——_____
the
including,
programs,
162, p. 456.
be
may
reasons
on
profit on sales— »$2,32C,623 *$7,902,238
advert., admin.
■
$1.14
$1.64
operations- *$3,755,352
from
Deprec.
several
have
shareholders of the Trust.—V. 162, p. 134.
Selling,
Corp.—To
General Steel Castings Corp.
6 Mos. End. June 30—
Profit
■:Vv
:
,
Public
General
Net
Boston
time at
1942
1943
1944
1943
$126,013
$2.00
162, p. 672.
Associated Gas & Electric Co.
of
as
1944
$191,477
stocks
common
provide
to
1945
$285,457
profit after charges and taxes.
per
share on class A * and
—V.
accepted.
Austin C. Benton, Treasurer of Filene's,
states that the company has exercised its right to extend the closing-
Subs.)—Earnings—
3 945
$476,558
Earn,
985.
by
Co.,
&
construction
factory in Los. Angeles.—V.
The
Evans Products Co. (&
$700,959
General Phoenix Corp.—Earnings—
Excess
6 Mos. End. June
♦
457.
p.
9 Months Ended June 30—•
Net
Offering—
This company has extended to 2 p.m. Aug, 31 the
offer of $93 per share for shares of the Business
of
said
in
19,582
$1,081,781
$347,467
Amortization,
its
Net
its
Holders of Scrip Certificates-—
accordance
in
19,707
Farns¬
the
of
headed
(Wm.)
described below,
designated
electronics.
the
Prov.
providing
1941,
securities
■
that
$563,350
115,093
$1,305,635
Income
Fed.
Appointed—
for issuance of scrip certificates for the
all such securities held by the scrip agents
agreements have been sold at the request of the
company, for account of the holders of scrip certificates.
Upon surrender of any scrip certificate issued prior to Aug. 2, 1945
to the scrip agent whose countersignature appears thereon, such scrip
agent will deliver in exchange therefor the pro rata share, represented
by such surrendered scrip certificate, of the net proceeds of such
sale of all
of
the securities of the issue* to which the surrendered
scrip certificates pertains and of'.any interest or dividends received
by the scrip agent with respect to the securities of such issue, but
Without interest on such amounts.
J. P. Morgan & Co., Inc., 23 Wall St., New York 8, N. Y„ is scrip
agent for the common stock, while the Chemical Bank & Trust Co.,
165 Broadway, New York 15, N. Y., is scrip agent for the first con¬
solidated mortgage bonds, series B, general mortgage income bonds,
series A, and preferred stocky series A.-^-V. 162, p. 568.
Dec.
arsenals
control
unsubscribed
Proceeds
new
of New York fias been appointed registrar
for $2,500,000
5% cumulative preferred stock, issued to refund an
equal amount of 5 V2 % cumulative convertible preferred stock, which
Is being retired.—V. 162, p. 568.
announced
$966,687
37,149
income
Total
Stock—
Erie RR.—Payment to
2,850,363
shares.
Cleveland
use
Elliott Co.—Registrar
1942
$3,551,322
2,603,058
$1,268,486
Operating profit
Other
be
to
Government
underwriters
modifying a previous order authorizing
or
1943
$3,166,408
3,064,185
four held.
each
The Guaranty Trust Co.
is
of
Chairman
of
1944
$4,030,873
4,240,044
important
corporation have subscribed for 55,451 shares :
of the 58,264 ($1 par) common stock at $20.50 per share.
The offering,
which expired Aug. 1, entitled holders to subscribe to one new share for
162, p. 567.
It
phases
and
manager
Ferro Enamel Corp.—Common Stock
$44,000,000 in the acquisition of its outstanding
$5 and $6 preferred stock.
Pending a determination, authority to use
the unexpended portion of the $44,000,000 has been suspended.—See
to
company
other
on
Halstead
appointed
1945
$5,508,529
Expenses
which
of
both
and
include the System inputs of any
periods.—V. 162, p. 669.
Aug. 27 the
consider on
question of
as
of
been
Advertising Co., Inc.—Earns.—
Operating revenues
have been proved under actual operating
highly satisfactory."'. One" type, which
uses
the induction principle, does not require a' frequency assignment
by the FCC, since the radiation is limited to a restricted area along
the right of
way.
In the other system the signals are broadcast.
Systems of both types have been installed by Halstead engineers in
the
company
which provides in part for divestment of its public
utility interests in the United States and for the retirement of its $5
and $6 preferred stocks.
In view of
the plan for the retirement of all its preferred stock
contained in the plan the SEC will consider at a hearing on Aug. 20
the
including
start in¬
released, we can
are
457.
p.
3 Mos. End. June 30—
of
Communications Division.
equipment,
Pet.
2.4
Electric Bond & Share Co.—Hearing on Plan Aug.
the
well
as
has
committee,
Stockholders
will
field
equipment
new
General Outdoor
transportation
has acquired all of the
radio
and
production
the
of
162.
figures do not
above
companies not apeparing in both
SEC
post-war
Vice-President
Curtis,
Centralized radio
Note—The
modern
will transfer
to
its plant in
Fort Wayne, Ind., the
engineering staff as well as that company's laboratory and
manufacturing facilities, which heretofore have been in New York
City.
y>W:■ - v: V : : %'
^'Ms
Halstead
has
developed two basic types of transportation
radio
.—Increase-
102,030
'
The
control
traffic
and
management
•Decrease.
-
important
materials
as
of our present products, and introducing a
products.
These new products, developed in our re¬
search laboratories, have been held back because of the war.
Some are
foods, others are chemical products, still others home appliances."—
V.
and
conditions
103,180
'
to
soon
number
A.
John
the System inputs of client oper¬
Amount
4,354
Light Co
suited
items
;
company's employees,
part:
"As
creasing
Farnsworth
1944
180,072
Light Corp
&
Power
National Power & Light Co
other
in
said
luggage
uses.
and
'
Halstead
„
Power &
machinery,
equipment,
•
Harry A. Bullis, President, in a message to the
relating to railway and highway radio communications," said
Nicholas, President, on Aug. 2.
William S. Halstead, President of the Halstead company, will serve
Farnsworth as
consulting
engineer on radio communications equip¬
E.
*
,
1945
184.426
Operating Subsidiaries of—
American
office
home
ended May 31, 1945.
This compared with $5,556,912
before and a previous high of $6,451,226 and a low of
over
the 17-year
period since
the organization of the
To Introduce New Products—
patents
thousands of kilowatt-hours):
during 1944, were as follows (in
boats,
and
General Mills
year
year
company.
new
.control, this corporation
assets of Halstead Traffic Communications Corp.,
compared with the corresponding week
as
into
relatively
stock; 100,000 shares of convertible preferred
shares of common stock.
reached an all time high of $6,474,493
preferred
1,995,162
$3,602,193
recent development is the company's Aniline Division,
an
attractive printed material for wrapping candy
the
communication
Ebasco Services Inc.,- which are subsidiaries of
Light Company,- Electric Power & Light Corp., and
National Power & Light Co.,
automobiles,
produces
worth
American
the
5%
income of
the
in
in the plastic
liners, aircraft parts, shell and
materials for furniture, housing
helmet
converted
industrial
"Entering
Services Inc.—Weekly Input—
Ebasco
be
is
pressure,
for
of
and
Net
Farnsworth Television & Radio Corp.—Enters Railroad
Communications Field—
on
racing reason.—V. 159, p. 2415.
1944
will
parts
low
uses
bars, shirts,
lingerie; hosiery
merchandising display.
1
Association, Inc.-r-$8 Dividend—
share has been declared
under
Another fairly
of $40,000,000 3J/a %
per
stock
radical
wartime
other
and
the capital stock,
payable Aug. 30 to stockholders of record Aug. 16.
The previous
dividend was $4.65 paid Oct. 5, 1944.
A total of $12.65 per share was
paid on the stock in the 1944 calendar year out of the $15.49 per
share earned for the fiscal year ended March 31, 1945, covering the
dividend
A
Its
materials,
announced
has
Corp.
offering
the
shares
fibre-
which
recent development, in which Fabricon has
moulded
be
radio
the closing of subscription
bonds, due 1965.—V. 162,
•■.
" ■
I"-. V'
Securities
on
to
781
firms.
materials
insulating
and
large field
a
number 'of
field.
New Bond Issue—
on
be
panels
for the company's peacetime production.
already pioneered
improvements, is the specification treatment of
fabrics, sheetings and paper with phenol resin varnishes.
This use
of
phenol impregnated papers and fabrics
as
laminating material
approximately $55,000,000 of which are out¬
the
17.
The bonds may be presented for payment at The Union Trust Co.
of Pittsburgh, Old Colony Trust Co., Boston, and Bankers Trust Co.,
New York City.
After Sept. 17, the bonds will have ceased to be en¬
titled to any benefit, lien or security and no interest will accrue.
Eastern's new financing includes $40,000,000 of SVz'fa bonds due
1965. issued for sale Aug. 8 and $15,000,000 of 2Vs% bank loans to be
paid off in ten years.
foundation
automobile
A more
a
standing, may present them for redemption at any time at
stipulated redemption price of 101 Vt together with interest to Sept.
Books Closed
y^s fV
.
2
1945
1944
1943
$2,443,103
$1,797,161
$1,245,710
1,687,200
983,000
'599,700
$755,903
$0.17
$814,161
$0.18
_
^
$646,010
$0.15
" t'
1945 reached
.
the first six months of
a
peak of $32,605,978, an increase of 61.4% over a year ago.
Explaining the sharp rise in taxes, Joseph W. Frazer. Chairman and
President, said that the balance of an unused excess profits tax credit
Consolidated
war-time
THE COMMERCIAL & FINANCIAL CHRONICLE
782
for
'
prior
a
in
applicable
was
year
Co.,
its
7
or
half-year
said.—V.
Frazer
162,
p.
;
—V.
162,
353.
p.
i;
■•;•%
'
redemption on Sept.
for
called
"
share and dividends, all of its outstanding shares of 5% cumula¬
tive preferred stock.
Payment will be made at the Guaranty Trust
Co. of New York, 140 Broadway, New York, N. Y.
Holders
may
dividends
paymeht -of the full redemption
Sept. 17, - upon presentation and
to
162,
certificates.—V.
stock
said
of
immediate
receive
accrued
plus
price,
It
that
date
to
18,000
18,000
18.000
$2,219
1
v
$0.02
$0.02
30,"'1945
$758,362;
the
of
company's
total,
recapitalization. "
of
plan
operative."—V.
become
162,
'
total,
$778,167—V.
Profit
Tax
Profit
.
161,
the
division.
(at
Resigns—
•
immediate develop¬
division.
He
stated
that
Echophone
will be distributed
nationally over a new
straight-line, highly efficient distribution pattern, details of which
of
•
that
announced
line
new
a
has
he
the
begun
National. Bank
Chase
The
The
with
City
the
of
of
♦Net
;
Earnings
has
share—
per
$838,000
1,334,995
$0.58
1,334,995
$0.27
etc.
profits taxes,
excess
Federal
Notes—(1)
and
$834,000
1,334,995
$0.56
_
and
•'
who
is
described
president
as
—V.
■
„»
,
t
•
$230'39,7
1
Hazel-Atlas Glass Co.
-
June 30, '45
Net
other
oper. ' revenues
♦Cost
7
of
Prov.
for
goods
Gross
$13,887,009 $13,811,519 $51,270,764 $53,913,153
sold
9,916,264
Loss
763,698
$4,335,104 $13,011,762 $15,095,808
891,321
3,396,922
3,490,582
$3,443,783
$2,944,213
21,552
;_
.
$2,965,766
doubt,
$9,614,840 $11,605,266
27,810
104,458 7
$3,471,593
on
$9,719,298 $11,758,026
55,250
Prov.
holder
share
for
2,360
5,078
2,378,000
2,781,795
7,487,110
$684,199
$2,172,430
$2,597,639
profit
Dividends
543,011
—V.
2,172,045
434,409
$5.00
Cash
net
in
Due
$5.98
wholly owned subsidiaries)
6 Months Ended June 30—
Gross
Cost
sales
of
Selling,
general
admin.
&
$7,899,383
6,144,541
5,865,649
expenses-
659,655
1
from
U.
Govt,
Total
Discounts
and
for
$2,627,595
$1,595,287
experimental
Fed.
income
&
income
$1,363,438
896,182
$.598,051
per
common
Net
to
$467,257
$1.15
Net
—V.
$0.88
share..:
V
<.FAoo^fr,5Uartec5,ende/ June 30, 1945
of
$285,478
or
40
p.
comPany reported a net income
2110.
cents
or
53
per
cents
per
share for
common
the
quarter
share
compared
ended
June
30
with
1944—V
161
'
1944
$6,666,108
Net profit after res. for taxes and renegotiation
In
man,
for
commenting on the immediate outlook Oliver H. Payne, Chair¬
said that the company's trailer production should be entirely
use by the end of this
year.—V. 161, p. 7,
'
X.
X
Profit
Other
An
interest
payment
equivalent to 2%%
made
on
Sept.
of New York.
ness
on;
that
1,
upon
upon
the
5%
Interest—
sinking fund
the face amount of
such
income
will
be
1945, at The Commercial National Bank & Trust Co.
Checks will be mailed to those who, at the close of busi¬
day,
are
registered
holders
of
such
debentures.
Interest will not be paid
upon the old first mortgage leasehold 7%
sinking fund gold bonds of the corporation, or upon the certificates of
•
32,490
7'
210,942
for
for
1944
$482,613
273,270
' $982,176
for
securities
______
34,304
$38,477
purchased—..
tax.___
26,643
4,007X68
35,348,807
9,448,086
6,552,034
490,960
1945—6 Mos.—1944
7,232
-
415,005
•'
■
special
the
1945
$347,865
16,281
$574,231
18,304
$242,996
159,000
$592,535
415,000
40,000
$137,535
$0.62
15,000
20,000
$63,996
$0.29
$146,146
$0.66
$0.32
and
1944
payable
Portion
Contracts
of
under
net
earnings
do
not
the
existing
Detroit.
Rex
C.
meeting
increase
10
in
scheduled
authorized
Aug.
m.,
a.
in
23,
for
Aug.
capital
Room
677,
16
stock
to
vote
has
been
Penobscot
10
Bldg.,
Jacobs,
President, explained that "in view of the
including possibly among some of our stock¬
the above date as a 'holiday' the management
deemed it proper to adjourn the meeting for a week."—V. 162, p. 673.
widespread
holders,
tendency,
to
regard
Jefferson
Lake
Sulphur
Co.,
Inc.—Files
Common
Shares—
Company on Aug. 13 registered with the SEC 167,000 shares
The
.the
will
held.
common" stockholders
offer
subscribe
right to
and
to seven-tenths
Officers
the
of
for
employees may subscribe
stockholders,
The
I:
($1 par)
stock.
company
presently
officers
remaining
and
of
an
employees
record
share
new
a
corporation
of
(who
for
are
Sept.
each
not
additional 21,287 shares.
will
be
made
at
3
share
directors)
$9.70
Sale
to
share.
a
will vbe publicly offered through D'Antonl
& Co.,
New Orleans.
The money from the sale, with other funds,
.will
be used
to
purchase 7%
($10 par) preferred stock, to refund
bank
V.
loans
162,
to
shares
for
pay
post-war
expansion,
or
for working
capital.—•.
354.
p.
Johnson
The
of
Automatics, Inc.—Correction—
earnings
Aug.
13
are
p. 673.
/
figures
not
under this heading in the "Chronicle'*
Johnson Automatics, Inc.
See V. 162,
given
those
of
■
Kansas Power Co.—Consolidation Approved—
Western
Telephone Co. below.—V.
Light &
162,
p.
•
248.
:
Keystone Steel & Wire Co.—Earnings—
•
Years Ended June 30Net profit
&
and
♦Earnings
1943
1942
'
$1,588,209
$2.10
$1,092,143
$1,467,300
$1.94
share—-
per
1944
1945
-
after charges
taxes.__-_-__.__
$1,796,032
$1.44
$2.37
'
♦On
j
757,632 shares.—V. 162, page 11.
..;V'-
j' V.*v
■
•
(S. II.) Kress & Co.—New President—
L.
W.
.
H.
50
years
Baker,
Senior
Vice-President,
has
been
■
#
elected
•*.'
•••'•
to
.
succeed
brother of the founder, who resigned as President after
service.
The latter will remain as Vice-Chairman and a
Mr. Baker has been with the company 36 years and has
Kress,
of
director.
an
executive
and
review
*7
by
;."'>'•'••
position
years.—V.
20
162,
p.
674.
Kroger Grocery & Baking Co.—Prepays Notes—
has paid off a note indebtedness of $10,600,000 far
C. M. Robertson, President, announced cn Aug. 17..
prepayment to price control which had the effect of
"limiting the cash required for inventories.
The
original loan of $15,000,000 was negotiated through several
banks in 1942 and was liquidated entirely from the firm's surplus fund.
%
The
ahead
company
of
time,
attributed
He
•—V.
162,
PP.
459
Lane Bryant,
and
136.
42.526
shares
.
'
of
filed a registration statement with the SEC
cumulative convertible preferred stock
4%%
and 70,876 shares of common to be reserved for conversion
of the preferred.
The company is offering 12,312 shares of the new preferred in ex¬
change for 7% preferred outstanding on the basis of two shares of
(par $50)
.
,,
Inc.—Registers With SEC—
The company on August 4
for
laws.
and 1944 earnings are subject to
Adjustment • Board.—V. 1627 p. 2220.
1945
Price
'
stockholders'
until
any
The
*
$61,127,013 $45,976,656
'
proposed
adjourned
352,495
$227,932
15,064
92,000
share.
_________
__!
R,
$72,031
com.
■
22^939
4.910,880
45,233,417
surplus-
The
/on
;
$364,146
188,000
30,000
taxes..;
!_
548
stock.....
V
•'
$209,343
or
taxes
1
$61,127,013 $45,976,656
—
(F. L.) Jacobs Co.—Meeting Adjourned—
:
Ltd.,
(3)
37,186
1
'
See
include
State
161,311
332,319
Dec. 31, 1944, paid for but not issued.—V. 161, p. 2661.
and else¬
loss relating to investment in and advance to Intertype,
British subsidiary.
(2) Provision for taxes is the estimated amount of Federal
War
3,491,220
249,028
sold-__.
securities
♦Authorized, 15,000,000 shares of no par; outstanding, 1945-4,910,shares; 1944—4,007,168 shares—at stated value of $1 a share
(including 319,212 shares at June 30. 1945, and 261,502 shares at
held
$179,031
earnings
per
4,251,189
receivable.
interest
for
Dec. 31,'44
$56,294,476 $42,286,939
..
7,980
conting.__.
Notes—(1)
profit
505,731
$886,115
*
178,627
*X$171,052
(net)
income
Provision
Earns,
debentures,
debentures,
;
XX
7
.
_____________
Reserve
619,806
880
most
$438,680X7 $827,879 V $990,969
32,121
7 65,010
64,243
$414,483
$380,384
$1,239,753
surplus.
V•
de-
admin.
gen.
income
Total
Net
Hotel Waldorf-Astoria Corp.—2%%
the
$297,813
.Depreciation* "
&
913,022 '
24
v;
$619,946
expenses
-
I
9,375
;
■
deposit
Total
improved
1945
$709,078
411,265
---
154,320
civilian
'
•
-
Intertype Corp.—Earnings—
Period End. June 30—
1.945—3 Mos.—1944
Selling
accrued
brokers
income
Earned
new
a
company said
are
ample to
equipment
-
profit before
preciation
-
1945
$6,795,396
____•.
and
capital
stated:
2557.
expenses
6 Months Ended June 30—
sales
profit
p.
$380,360
Excess of market value over cost of marketable
securities
installing additions to the
and excess profits taxes.......
Gross
$216 305
Highway Trailer Co.—Earnings—
•Net
further
-—
income
161,
$610,571
$1,826,688
demand
on
brokers
common
important cities throughout South' America
the world."—V. 161, p. 2787.
many
income
Federal
1,851,049
income
Net
231,849
$2,449,100
profits taxes
exc.
New
Interstate Bakeries Corp.—Earnings—
18,000
Net income before taxes__
for
X,
76,613
$913,666
________
"Federal
■
28 Weeks Ended July 14—
160,495
~
~
____
1943
$456,973
Liabilities—
Telephone,
announcement
and
1.944
june 30,'45
from
Due
similar equipment for Puerto
this
manufacturing
in¬
issued.—
130,000
Dividends; payable
where throughout
andresearch
expenses............
contingencies
for
facilities
embodies some of
Officials of the
Peru.
and
the
from
type
rotary
has contracts for
now
Mexico
in
upon
were
$740,572
securities—
"Today X T.
City
___
allowed,
miscell.
Provision
Net
245,720
cost-plus-fixed-
income
Provision
;
$1,349,568
258,128
of
will bring about greatly
It
based
resulted
are
which
$1,114,535
200,869
invests...
on
Total
matic
684,166
adjustments
•
& T. has installed over 2,000,000 lines of rotary auto¬
equipment in many of the largest cities in Europe such as
Brussels, Antwerp, Paris, Marseilles, Budapest, Prague, Copenhagen,
Oslo, Madrid, The Hague, Zurich,
Bucharest, and in several- large
communities in Italy.
The equipment also is in operation in Mexico
*•
$2,369,467
_
S.
contract, purchase discounts, etc
the
investments
may be exercised at
the company's capital
$913,666
♦Special
—
States
United
-
The
1944
$9,173,663
-
allowances..
of
date.
1945
and
;
profit
derived
fee
returns
shipping,
Gross
Fee
less
sales-.
and
Brazil
the
of
stated
Furniture and fixtures (nominal value)
^
demand for both export and domestic markets.
Col. Sosthenes Behn, President, announced at
the signing of the contract, currently is tooled up to manufacture on
a
single-shift basis 100,000 lines of automatic telephone equipment
annually.
The company's program, he added, calls for an increase
in this capacity up to 200,000 lines annually at the earliest possible
Heyden Chemical Corp.—Earnings—
(Including
the
in
manufactured
Telephone has
Federal
concerning
shares
figures
income
bank
Dividends
supply the expected
2109.
P.
Telegraph Corp.
automatic system
in telephony."
"
rotary
the
systems
that
434,409
$1.58
installation
dial .service.
modern
advancements
and
The
investments_._______
Accrued
system
as
same
2,172,045
434,409
$1.35
share____
per
161.
543,001
434,409
Capital shares outstand.
Earnings
first
to
Rico
Net
the
telephone
Federal
$19,552;
______________
service,
income
(estimated)
$123,907
Comparative Balance Sheet
Chicago, is named principal underwriter.
manual
9,089,190
.
302,393
share.
...
Marketable
working
balance used for
and the
present* plants
of
modern
4,663
$587,009
Fed.
757
counsel
of
'
10,869
936
deductions
taxes
55,250
2,148
retired
prop,
(net)
.Miscell.
152,760
accts.
contingencies
sold
or
38,053,607
749,037
841,434
profit
oper.
for
and
37,509,965
187,143
$3,785,648
Total
Prov.
9,289,274
185,097
depreciation.
income
July 1, '44
•-
Gross mfg. profit
Sell., gen. & adrn. exp.
"Other
-Years Ended—t-
June 30, '45
July 1, '44
royalties and
sales,
$161,336
outstanding which
are
purchase of
per
income
Total
11 with the signing of a contract between
Aug.
69,867
$489,300; receivables,
total, $4,042,007.
Net income from sales
were completed on
the Federal Telephone
& Radio Corp., Newark, N. J.,'.domestic manufacturing subsidiary, of
the International Telephone dXTclegraph
Corp., and the Lertingtop
Telephone Co., operating subsidiary of the General Telephone Corp.
This, it was announced, will mark the initial installation in this
country of I. T. & T. standard automatic telephone exchange equip¬
ment of the rotary type which is manufactured and installed throughrout the world by I. T. & T. manufacturing subsidiaries.
The complete
central office equipment, including, toll boards, and
consisting of 15,000 lines and 25,000 terminals, will be installed by
FTR engineers
in a proposed new main office building of the Lex¬
ington Telephone Co., at Lexington, Ky.
Lexington Telephone, is
planning to place the new rotary automatic system, of the 7A-2 type,
into operation by the middle of 1947.
"Under
the
contract,"
Mr.
Evenson
stated,
"faster and better
•service
will be
made
available to Lexington and
the surrounding
areas, which the local company serves.
This move marks the initial
step in our company's post-war plans to convert its system from
automatic
i
-Earnings-
3 Mos. Ended-
Period—
r
.
(& Subs.)-
107,593
banks,
warrants
the
from
Total
-
and equipping of new plants
purchase or construction
& Blosser,
for
2 100
260,745
securities
Net income from investments
'Other income.
*
Plans
In
Expenses
Contract—
x
of
1945 with 4,007,168 shares outstanding
$45,915,241.
On June 30, 1945, there
4,910,880 shares outstanding and net asset value was $60,083,343.
Paid-in
161, p. 2446.
$51,940
______
1945
439,000
;
the
International Telephone &
;
$53,742
.
no
Income Statement Six Months Ended June 30
1944.
in
(2) The company states that no reserve has been set up for re¬
negotiation of contracts as it is believed no refund should be necessary.
sale
$52,416
of
Income
With SEC—
sole
year
company began the year
with net asset value of
and
were
117.900
" $246,535
and
prior
of
'
500
2,421
Assets—
expansion
Straus
925
Investors Mutual, Inc.—Semi-Annual
Report—
100,000
capital.
income and excess profits taxes for
amounted to $601,000 in 1945 and $570,-^-
3,473
1,101
The
shares of common stock, par $1.
The
issued and are being sold for the account of Philip
are
for the
used
27,342
1,277
outstanding capital stock after the warrants
V. 162, p. 459.
a registration statement with
the
convertible sinking fund debentures,
5%'
for
at
opinion
company.
be
$85,176
•
* 309,000
52,000"
•
$3,533,155;
time
creases
debentures is 100 and of the
•
' .> v
4< i
On July 31, 1945, the company and its subsidiary, Arlington Furni¬
ture
Co., entered into a contract with Mr. Pelts, President of the
company,
under
which
the
latter
would
purchase for
$170,000
International's Chicago and Pittsburgh properties, all shares of DeKalb
Improvement Co. from Arlington and all obligations owing by De Kalb
to the two companies.
The net proceeds to be received by Inter¬
national from the sale of the debentures and the properties will be
State
quarter ended June 30,
shares
Pelts,
'
1,136
________2,000
from
Note—Option
filed
2
12-year
public offering price of
common
stock $8.25 per share.
1
the
August
on
1957„.and
The
(see
1945—6 Mos.—1944
$410,000
$432,500
1,334,995
$0.29
shs._
com.
1,
the
been
depreciation, -depletion, estimated Federal and State income
After.
and
1
$42,524
W.
York
New
1945—3 Mos.—1944
profit
Outstanding
*
95,900
income taxes....
$1,000,000
common
Harbison-Walker Refractories Co. * t& Siibs.) —Earns.—
Period End. June 30—
for
Aug.
25,115
<
Balance Sheet, June 30, 1945
cost),
any
<
2220.
p.
company
SEC
due
appointed transfer agent for the 4% convertible preferred stock
offering in V. 162, p. 353).—V. 162, p. 570.
:
emerg.
facil.
invest;-in Dal-
of
of
International Furniture Co.—Registers
Hamilton Watch Co—Transfer Agent—
.<
161,
$85,103
29,158
1943
$83,211
1,965;
$324,531
(net)
.stock
$1,394,732
607,436
$1,316,461
665,026
profit
—V.
:
•
— -
Echophone will also be strongly represented in the export field
full line of home radios, Mr. Kelsey concluded.—V. 162, p. 135.
a
Net
the Echophone
for
radios
home
of
shortly.
announced
be
will
<r._
Co.
for Federal
Prov,
787
capital surplus, $1,989,042; earned surplus, $1,829,728; total, $4,042,007.
•
1943
-1944
$763,793
619,269
50,000
amort,
amort,
Ore
ton
1944
$84,316
Liabilities—Accounts payable for securities purchased, $35,302; other
accounts payable and unclaimed
dividends, $7,148; accrued taxes other
than Federal income taxes,
$1,323; capital stock (par $1), $179,464;
,>
Kelsey
Mr.
ment
for
Prov.
Stewart-Warner
the
share
per
.'"
til>
$61,786
for
required
X Assets—Cash
2333.
p.
1945
revenues.........
&
Deprec,
Kelsey, former General Manager- of .the radio division of
Corp., has been appointed a Vice-President of
Hallicrafters Co. and General Manager of the firm's Echcphone
L.
Lester
"
v
and
was
similarly
$25.87
-4,198
_______
;*
25, 1945, $9,000; reserve for Federal
($1 par), $900,000; earned surplus,
3 Months Ended June 30—
Sales
and
1945
Profit
,
Hallicrafters Co.—New Vice-President—
1944,
1945,
date,
value,
$89,138
provision
longer
r.
Frank A.
353.
p.
that
asset
$84,940
Income
taxes,
miscellaneous
accrued
$6,006;
Hotels Statler Co., Inc.—President
shares of preferred stock, or
deposited for exchange under the
9,113
been
have
at
net
-
McKowne has tendered his resignation as President, effec¬
tive Oct.
1.
He was elected President of the company following the
,/
death, of Ellsworth M.- Statler in 1928.—V, 159, *p. 842.
It was stated that the board of directors "has decided such deposits
do not justify it in declaring the plan operative.
However, as holders
f more than half of the preferred stock have so showr> their desire
j
Industrial Finance Corp. — Stockholders to Receive
1o put the plan into effect, the board has extended the time for ex¬
Right to Exchange Holdings for New Morris Plan Com¬
change until 3 p. m. Aug. 29, 1945."
On
mon Stock—See Morris Plan Corp. of America below.—
that, date the plan will either be declared effective or will be
abandoned,- the company said in its letter to the stockholders, adding ,7 V.
162, p.- 458.
"If each
preferred stockholder who has not yet accepted the offer
of exchange should
deposit even 60% of his stock the plan would
Interlake Iron Corp.—Earnings—
53%
about
6 Months Ended June 30—
Total
;
.
payable,
dividend payable on July
income tax,
$580; capital stock
„
prices
a
in
$4,218;
Under
with
-Expenses
Expenses relating to amendments of
registration statement
Federal capital stk. and misc. taxes
*
"
.
at. market
compares
Dividends from investments in stks.
Interest on investments in bonds—
•
$0.03$0.02
par)Vt "
valued
This
'
$14,599"Dr$2,599
.
;
Condensed "Balance Sheet, June
Assets—Cash
Hecapitalization-^-
announced
Is
18.000
'
$488
Liabilities—Accounts
672,
p.
Guantanamo Sugar Co.—Deposit Date Extended
Plan of
$15,401.
owned
share.
per
computed, of $26.11 per share at Dec. 31,
at June 30, 1944.
;
banks, $379,005; TJ. S. Treasury obligations, at cost,
$62,000; accounts receivable, $13,086; crude oil, at posted field prices,
$1,116; Investment in and. advances „to Wyoming-California Petroleum
'Co., $168,000; marketable securities, at cost, $12,500; oil leases,"at cost
(after reserve for depletion of $507,500), $43,534; wells and equipment,
at cost (after reserve for. depreciation of $696,173), $88,058; deferred
charges. $10,869; total, '$778,167.
"
'
'.
v ..
next,' at $22
17,
'
-
per
surrender
$32,599
shares of capital stock outstanding {$1
♦On 900,000
(W. T.) Grant Co.—Calls 5% Preferred Stock—
has
$20,219
17
Balance
7
company
1942.
^Earnings per share...-,
*
The
1943
'
'V
,
1944
$18,483
profit after deduct¬
depreciation, de¬
pletion and inc. tax.
Dividends paid
1945—4 Wks.—1944
'1945—21 Wks.—1944
$4,168,626
$4,031,435 $20,183,684 $19,488,216
—
-
1945
value per common share outstanding at June 30,
securities
$29.26
,,
ing
(
"
'
with
Net
Mr.
Higher—
Grand Union Co.—Sales
Period End. July 28—
Sales
renegotiation,
subject tc
is
statement
457..
'
income
The net asset
Holly Development Co.—Earnings—
6 Mos. End. June 30—
Investment Co. of America—Earnings—
X
■v
Graham-Paige's consolidated tax provision for the first half of 1945
was
equal to 69%
of profit compared with 54.7%
for the corre¬
sponding period last year, he said. x-:.'X-:%•
The
or receipts therefor,
until such bonds, certificates of deposit
receipts have been exchanged for the debentures.—V. 161, p. 987.
deposit
available in 1945.
but not
1944,
said, increased production of the Warren City Manufacturing
wholly-owned Graham-Paige subsidiary, this year has subjected
income to almost the maximum excess profits tax rate.
.«
Also, he
Monday, August 20, 1945
41/2 %
preferred for
of
rate
will
of
share
one
The
subscription
the
42,528
7%
of
one
The balance
dividends.
the
(Number 4413
price
with
preferred
be
offered
be
holders
to
adjustment
cash
a
of
-on
stock
common
(It. II.) Macy & Co., Inc.—Plans New Store—
at
The
for each six shares of common.
by amendment.
Although all of
preferred
will
THE COMMERCIAL & FINANCIAL CHRONICLE
filed
to common stockholders, the
waived their preemptive rights
in order to'permit the exchange offer to preferred stockholders.
holders
The
shares
of
to
are
73,872
(
common
will call for redemption
company
of the 7%
any
preferred
Massachusetts Investors
Ind.,
stockholders
common
17
Aug.
on
follows
as
and
Dec,
23,
March
successful
holes
build
$1,000,000
a
store
in
cents.—V.; 162, p.
14
12.
a
of'
issue
new
Period End. June 30—
value cumulative preferred stock and voted
split-up the common shares on a two-for-one basis.—V. 162, p. 674.
100,000 shares of $50 par
Net sales
Lambert Co.
♦Est.
consol.
Prov.
for
and
!
$3,784,208
$4,204,946
$7,846,276
$8,616,489
2,977,145
3,279,793
6,108,224
6,211,883
$3,900,989
$2,395,395
expenses
and
•
Net
per
1,374,619
577,338
2,584,723
$617,851
$540,151
$1,316,266
$1,147,127
$0.83
$0.72
$1.76
$1.53
share-
com,
Prov.
6 Months Ended June 30—
_
Net
/'
■"
\ 1 l\
<
—V.
__:U—.
—a__.
4 J
l
*
\
i
:
'
^
\\
I
s
'
profit
160,
1945
,
,
1944
180,760
168,727
(2)
r
with
the company since
'^
u'
member of the board of directors.
a
fy.»v
J
j.
Ended May 31—
'
>
Net
-
profit after
The
above
—
of
total
*■>;
ft
do
figures
Highway Trailer Co.
not
addition
In
to
reflect
interest
of
the
for
taxes
p.
able,
quarter
and
for
the
second
in
Lion
Chemical
Corp.,
readjustments,
on
$1,000,000;
(market value,
(after
gallons of
ammonia up
life
of
of
period End. June 30—
sales
and
profit
1,206,382
———
Depreciation
—,
provision for
U, S. /and Canadian
taxes*
Est;
225,769
100,922
"393,961
tNet profit
♦Upopn
in
'
164,321
860,916
of
closing,
the
$465,416
$900,220
$1.09
-$1.21
this provision-was
actual
tax
Lability.
found
tSubject
to
be
such
to
of
F.
all
He
Lavedan,
the
assets
President,
of
reports
Carbo-Ice
also
states
that
duction
Board
authorization
the
the
as
possible re¬
audit,
tOn
acquisition,
\,
proceed
with
(construction of
the
161,
output of this
totaled 28.540,000 kwh.,
l,
1944,
1953,
at
for the week elided Aug. 11, 1945
with 31,866,000 kwh. for the cor¬
decrease of 10.4%.—V. 162, p. 675.
company
a
6 Months Ended June 30—-
Cost
of
.Federal taxes
profits
the
.
175,616
$203,656
__
Net
—
_
v-x'*
would
25,000
The
of
exchange
Luzerne
stock
Should
of
have
under
less
or
and holders
not
each
be
in
and
would
receive
than
more
by
be
the
10
for
its
Sept.
share
Appropriate
under
if
basis
Net
to
Luzerne
shares
asking
ments.
U.
•
the
tendered
new
would
for
stock
G.
new
I.
not
will
a
the
share
for
remainder
on
voting
H.
Luzerne
to
be
would
credited
make
to
a
cash
capital
the
1945
six
;*
adjustments would be made.
:,(::•(
exemption from
competitive
bidding
1945—7 Mos.—1944
in
new
Vice-President.
He
is
also
a
director
of
the
Alvin
in
at
ships at all important ports in the
throughout the world.—V. 162, p. 675.
.
United
States
$5,841,927
$7,396,605
5,097,47.7
6,820,307
$576,298
$184,629
of
company.
the
its
1944
■
-
i
1943
-
$0.80
and
agencies
for
accrued
on
instalments
.
of
over
a
these
with
15.
invests.,
12,787,088
13,604,419
company
companies,
receivables
refunds
at
&
729,413
cost
729,413
715,001
(estimated)—
715,002
1,110,264
deposits™
1,167,795
3,603,556
2,804,089
2,434,014
2,424.643
14,428,159
51,288,115
14,199,121
50,036,636
838,836
processes
773,968
1
1
419,737
income
tax
banks
payable
620,051
112,671,257 109,560,829
—
liability—-
in
;
•
.
733,648
5,638,271
1,082,02a
containers
deprec., amort,
and
1,155,320
obselescence—
35,007,854
4,606,916
interests in
32,812,595
4,405,028
858,475
824,383
5,000,000
B
5,000,000
5,000,000
11,000,000
5,000,000
cumulative
Common
466,150
609,782
reserve
Series
$4
529,524
Brazil
accruals—4,947,890
and
for returnable
preferred
stock
(par
series
C
11,000,000
$1C
12,678,680
12,675,560
2,785,126
12,769,921
18,491,691
17,153,246
surplus
(surplus
112,671,257 109,560,825
162.
period
;
loans
will
be
used
the
sinking fund debentures, aliof
redemption and .payment on Sept. 15,;
to
that
date.Holders
may
stockholders
authorized
of
the
$6,74G,218;
•
$6,027,039 $39,820,170 $35,864,270
6,929
51,563
58,059
$4,973,703
$4,700,631
783,542
759,388
4,810,912
4,500,877
income
7,250,728
has
proposed
and
refund
1975
to
$6,000,000
$32,289,000 of
and
will
be
the
SEC
to
serial
outstanding
sold
at
sell
$26,000,000
notes
bonds.
competitive
and
The
new
bidding,
of
at
20,655
shares
of
approximated- $13
(
■
America—Recapitalization Plans
the
bonds.,
with the
Aug.
voted
14
stock
is
stockholders
corporation
of
charter
a
increased
outstanding
to
147,971
also
approved
937,500
amendment
3,500,000
shares
the
shares
of
Corp.,
share,
one
is
of
a
into
agreement
the
or
whereby
shares
split
for
Morris
new
and
four
the
Plan
the
Equity Corp.
total of $7,500,000.
$4,000,000 of the funds thus to be received
by The
Corp. will be used to retire all
outstanding preferred
stock, bonded indebtedness, notes and bank loans of the i
corpora¬
tion, leaving only common shares outstanding.
The
remainder will
Plan
be
used
of
the
ment
for
working
Morris .Plan
of
motor
funds,
principally in connection with expansion
including the proposed develop¬
through a syndicate of local ba»k«
Corp.'s
car
business,
financing
throughout the country.
the
agreement
to
'common
pffered
to
be
with
j
American
purchased
stockholders
of
by
Morris
General
Plan
Corp.
the new Morris
Corp.,
American
General
of
will
America
and
parent,
the
Industrial Finance Corp., under two alternative offers.
first offer,
stockholders will receive the right to
at
will
be
Under
entitled
their
present
common
preferred,
shares
the
and
of
Finance
These
of
common
offers
subject to
under
the
at
at
are
the
of
a
re-
of its
Under
that to be paid by American
Finance stockholders
Industrial
of
12 V2
stock in exchange for
shares of new Morris
Finance
Industrial
Morris Plan
stock.
Corporation
common
7%
for each four
common
by American General of $8 per
the Industrial Finance preferred
paid
common,
valuation
valuation
subject to
Securities
the condition that
as
receive such
basis
of
new
price
Plan
a
offer,
to
the
share
Finance
Morris
in
option
on
share
one
basis
new
taken
effective
their
each
Industrial
the
for
be
at
for
price
same
alternative
holdings
be
purchase;the
$8 per share—the
General.
will
first
use
purchase
Approximately
i
share
Co.—Refunding Plan—
10-year
the
2
placed privately
to
American General
investment trusts, at $8 per
Plan
461.
Minnesota Power & Light
been
stock
Morris
stock
$39,768,607 $35,806,211
25,877,919
23,854.852
on
common
The
the
Under
8,916,985
Aug.
has
presently
shares.
by
Plan
1945—6 Mos.—1944
announced
which
147, p. 2539.
Morris Plan Corp. of
group of
3%%
interest
Co.
stock,
per share.—V.
common
of
•for
&
common
sale
$780,301
in
9,954.053
—
new
The
1,254,814
to
;
$
2,449,867
10,081,767
subsidiary companies—
$4.50 cumulative preferred stock, series A
The
$802,995
will mature
subsidiary
—
Pension
each
approxi¬
Aug.
.
1945—Month—1944
operating income
proceeds
;
.
.
Sale
1,368,536
oper.
bonds
:
$
Approved—To Retire Preferred Stock from Proceeds of
of 937,500 New Common Shares—
$0.48
$2,500,000
rate
net
average
«
.
from
proceeds
called
totaling
announced
semi-annual
outstanding
been
companv
1945,
Morgan Engineering Co.—Stock Placed Privately—
3.984,995
The
in
June 30,'45 Dec. 31,'44
;.■< /"j";W:'
Total
4,565,697
mortgage
$2,959,911
—~10,821,782
associated
payable to
On
.
to
_________
and
Allen
an
1
revenues
P.
of
587,918
British
estiihated
—V.
$6,020,110
162,
-
reserves
income tax
•;7( Total
$740,000 in 1945 and
8,990
Net
amounted
♦_
Earned
.$172,146
$6,737,228
—V.
30
Machinery and equipment.—
Phosphate deposits, less depletion-
21,716
Operating revenues—
Operating expenses _A__
Operating taxes...
has
June
,
Reserve for
rev.
Net
taxes
$99,436.
1944,
___________
in
located
certificates)"
and
tax
1945'
Voit
A.
:
Uncollectible
1944),' $105,978;
and
contracts—
income
securities
in
Deposits
1943
400.000
private, loans
companies
Period End. June 30—
Operating
Government
Federal
1944
Liabilities—
Michigan Bell Telephone Co.—Earnings—
.
S.
$1.95
,
in
amortization, depreciation and obsolescence
ended
"
Investment
-
require¬
Mr. Price is in charge- of the
rapidly expanding marine activities of
Mackay
Radio,
which
now
inqlude
engineering
and
developmentlaboratories and manufacturing facilities.
The company also is making
certain
changes that will increase and improve its service facilities
for
1944
$1.02
obtained
payable
102V2
U.
estimated
Deferred charges
Crl7,564
'
President
of
$1.56
$469,100
1945,
and $2,884,043 in 1943.
Inventories
Post-war
the debentures for .payment at the -Guaranty Trust
Co., 140
Broadway, New York, N; Y., at any time prior .to Sept. 15 and receive
the full price plus interest to that date.—V.
161, p. 2662,
'
■.:(%'(;:.%'•("',.%(7.. „.;.,((((■_.,.;
rights
at
from
of
in
for
in
Land
A
554,000
share
has
Voit-stated
1945,
$2,869,349
12,907,373
Buildings
present
con¬
$2,387,765
Comparative Consolidated Balance Sheet
Miscellaneous
$13,854,076 $12,447,009 $13,795,101
1,910,427
1,502,414
941,632
1,395,000
1,089,000
660,000
515,427
413,414
281.632'
insurance
have
fqes
($584,000
months
Investment
$2,500,000 Private Loans—To Retire Deben¬
be
Mr.
8,283
$3,051,895
$799,467
portion
provision
Receivables, less
the
retirement,
surplus.
Price. General Manager of the company's marine division,
elected
y*
—
26,345
profits
excess
taxes
years.
Which
Mackay Radio & Telegraph Corp.—Official Promoted
E.
in
Government
essentially
823,000
T
common
will
$2,877,633
24,481
'
depreciation amounted to $116,383 in 1945 and
and depletion amounted to $32,729 in 1945 and
'
loans
a
$2,412,247
34,092
for
1944,
and
Cr628,000
Cash
1944, and $340,000 in 1943.
,
15
(except as defined
the application continued.—V.
161, p. 2558.
been
for
174,142
1,275,267
t4,496,500
.
$744,450
37,140
Cr31,319
tax_
182,607
1,357,165
t4,265,338
Cr584,000
$2.05
of
Assets—
137 and 355.
pp.
$394,385
mately; 3%
share
shares of preferred are issued and the old shares
retired,
hold 100 % of the voting power as new
preferred shares
have
allocated
(:
Cr39,241
income
company
banks
exchange, holders
on
receive
exchange, U. G. I.
to
I.
When
'U.
will
for
liquefier, according to Mr.dry ice saves labor and
$7,117,849
6,003,360
*
profit
The
presently holds 80.24% of the total voting power, "the pres¬
ent preferred shares
having full voting rights with the common shares,"the application said.
(•..' '
■
after
$2,569,356 in 1944,
$2,650,366 $20,111,646 $20,358,015
'
$6,133,764
$3,085,986
interest
§Includes
total,
tures—
then.
302,898
1,448,009
7,137,802
share
credit
1943.
Note—The
1944.
per
$8,823,533
Government
common
pust-war
in
$628,000
post-war
$312,308;
consists
1945
,
•...
G.
net
(sink¬
of
$1,114,489
provision
in
in
689,775
$7,633,356
(estimated)—-
Federal
per
tAfter
:'
$509,500
of
accounting
is
for
Obtains
retire
stock.
20,000
r
$2,140,000
'
Earnings
arising from
surprus
liquefier
4v4%
preferred
5lA%
26,
of
1943
1944
1
§359,122
inc. transfer, to earn, surplus
Accounts
Taxes
and
of
for
reserve
1945—Month—1944
expenses
*
Profit
the
retired
tribution
*
effective
shares
25,000
of
Net
Notes
Profit before
outstanding shares would be called for redemption
U. G. I. would purchase any of the new shares not
exchange at $110 each.
::;i('(;(;(\:.
;
In order to provide funds for calling the 18,500 shares which would
$110
absorbed
\
exchange plan 25,000 shares
deposited
pro rata basis.
The remaining
at
an
become
been
than
more
lo shares
basis,
issue
would
debentures
•
<
stock to be offered on a share
the outstanding 43,500 shares of
preferred
'
162,
.
$7,274,233
Net inc. applic. to minor, interest
$1;
Co.—Earnings—
♦Includes
4
Improvement Co. (and Luzerne County Gas &
i Electric Corp. have filed with the SEC a plan to retire Luzerne's out¬
standing preferred stock, giving U. G. I. full voting control of the
subsidiary.
Luzerne
to
\
;■
Net sales
Gas
Bids
bidders.—V.
(Excluding British Subsidiary Company)
blocks
$2,815,757
Note—Provision
Retire Its Preferred—
for
$10,724,835
§621,860
(estimated)__
taxes
Net income before minor,
Development—
high-pressure
profit
$119,871
United
Allocated
-
Mathieson
charges, .etc
income
(net)
$57,241
stock¬
for
emergency
355.
$479,000 in
161, p. 2662.
The.
taxes
profits
Paid-in
$205,680
_
Utility
$11,343,695
income
Excess
Corp.—July Sales Up 6.2 %—
July 31—
sales
♦Provision
($314,026'
110,370
*
bonds
the
$51,360,897 $40,857,290 $40,438,633
36,077,168
29,687,322
28,868,420
;
j
2,786,761
2,432,673
4,558,894 {
1,108,974
1,003,770
charges
Normal
sur¬
reserve
of
Income
excess
cash
(after
(estimated),
"
Operating profit
Luzerne County Gas & Electric Corp.—Files Plan to
;
$312,308;
earned
taxes
uncrushed
retail-,:
p.
operations!
from
income
Minority
.
■
of
*
1944
$381,296
the
by
1945
expenses
Gross
Canadian
contingencies, $425,000; capital
surplus, $349,272; earned surplus,"
sales—
Other
1945
Net after charges
—V.
and
refund
$1,500,000;
3 Mcs. End. June 30—
Net
Lowell Electric Light Corp.—Earnings—
profit
Research
Net
(Ky.)—Weekly Output—
latter's
under
'
the
patent applications,
loss, it is claimed.—V. 162,
'•
162,
specified
Other income
assets
$2,700,000;
Interest
Net
for
for
reserve
other
of
use
Shoe
as compared
responding week last year,
-
half, making
2222.
p.
Louisville Gas & Electric Co.
Electric
year
March
of. any
The
Period end.
V.
be
must
of
Patents
Sales
rate
goods sold
Selling and administrative expenses)
6 .feet
Mengel
'
for
"Jumbo,"
1./
refund of profits was found
no
the
Melville
new
the
2003.
p.
.
capacity
v.
,
161,
sales
Cost
$1,750,000;
accounts
payable
(other), $27,995; employees' sav¬
payable
excess
'
awaits
1943 have been concluded and
necessary.—V.
of
reduces evaporation
for
Act.—V.
M(((^
■
Net profit
amortization
$249,932; paid-in
general purposes, $1,519,675;
as
a.tank,
the
factory buildings, in Morrison, 111., and in Chicago,
Renegotiation proceedings covering earnings for the fiscal year ended
Sept. 30,
Net
amount
dry
Longaker.
cash,
(Limited) of Toronto, Canada.
only the necessary War Pro¬
Ontario
company
to
recent
provision
after
Commission
Monsanto Chemical Co. (&
Subs.)—Earnings—
8- inches- high and 34 inches in diameter, made" of
special steel and welded throughout.
It has a capacity of 20 full-sized
blocks, or .1,000 pounds, of dry ice, which is five times greater than
substantially
the
$10,602,316.
par),
Known
of
Northern
with
6 Months Ended June 30—
dioxide consumers'^ according to an announcement by
Chas. T. Longakcr, Manager of
the'company's carbon dioxide division."
$987,431
■;■'( $0.59
may
be necessary against war contract contingencies,
negotiation refund, and to year-end adjustments and
728,100 common shares.
P.
due
othei( carbon
$0.61
Minnesota
('..
registered
dividend
461.
p.
ice liquefier, which transforms solid carbon' dioxide into
liquid form, has been developed by this corporation-to assist bottlers
of carbonated beverages, users of carbon dioxide fire
extinguishers, and
620,230
719,539
$481,964
sit;
com.
final
excess
*411,591
371,001
1927
first
(bank),
accounts
$1,000,000;
refund
new
Great
In
rights, etc., tha
outstanding liabilities.
90,000
677,70.1
A
per
the
$681,449
post-war
and
Mathieson Alkali Works-—New
profits taxes
^Earnings
and
Government
patents
$10,602,316.—V. 162,. p. 675.
'
exc.
3%%
($1
post-war
3,146,278
690,436
and
and
„
Est. normal & surtax,
(
2,474,515
payable
contracts
war
available for
$15,375,180 $16,329,998
1,473,776
226,534
—
Tentative
of
fund)
stock
1945—9 Mos.—1944
86,038,881
S.
for
reserve
$518,862), $1,490,421;
readjustments,
1945—3 Mos.—1944
——$5,689,875
U.
insurance, $9,500; fixed
$834,116
$307,304;
tiation
ing
Net
the
$1,446,469), $1,444,919; accounts receiv¬
of
$17,000), $1,096,420; other accounts
reserve
charges, $82,364; .total,
(trade),
Liquid Carbonic Corp.—Earnings-
Net
for
ings for war bonds, $58,496; debentures redeemable within one
year,
$150,000; accrued liabilities, $252,333; due U, S.-Government on
renego¬
This is equivalent to 118,000,000
1945.—V. 162, p. 571.
1,
to Aug.
amortization
$9,658
$51,599),
value
Liabilities—Notes
1943.
15,
dissolve
Co.
property,
deposit, $2,913,529; special deposits for
deferred
Shipments—
subsidiary, which operates the Ozark
Ordnance Works, reports that it has completed shipment of 11,864 tank
cars of
anhydrous ammonia and ammonium nitrate since the plant
initiated operations on May
rate
$1.25
and
Sheet, June 30, 1945
hand and
on
of
a
its
'
customers
render
Power
Northern's
outstanding and are being sold for the account of certain
Blyth & Co., Inc., are the principal underwriters.
.1975,
,
.
facilities
Lion Oil Co.—Subsidiary Announces
quarter
Great
Monogahela West Penn Public Service Co.) is
purchase of $22,000,000 first mortgage bonds,
shares of cumulative preferred
stock.
Such,
bids will be received by the
company at Room 901, No. 50 Broad St.,'
New York 4, N. Y., up to 12
neon, EWT, on Aug. 22.
The coupon
separately amounting to $253 268
$652,819 for the first half,
are
taxes
receivable, $9,854; inventories, $2,243,000;
profits tax, estimated (includes bonds,
464.
company
$1.09
(
and
to
also
Company
due
$312,307
depreciation
quarter
to
Company (formerly
jnviting bids for the
the taxes shown
$266,945
half.
depreciation
The
of
$3,589,000 of first mortgage 5%
all
( Monongahela Power Co.—Public Invitation
for Purchase of Bonds and Preferred Stock—
73,995
1,115,000
$273,185
$0.52
item
the second
in
bonds, at cost
286,352
the
Co.—V. 161,
any
or The Autocar
(>
expense,
of $4,829
Assets—Cash
1944
305,546
and
100,000
$130,879
$0.60
102,
holders.
.
$10,217,508 $11,260,041
for taxes & renegotiation
res.
530,000
"
tho
on
$1,601,303
80,046
354,100
$150,271
;
share.
com.
second
post-war
1945
Net: sabs
35,601
197,500
Balance
C ij".i'■${-!
'<a
$883,231
selling, general and administrative
expense, in
$13,676 for the second quarter and $28,630 for the first
first
Liberty Aircraft Products Corp.—EarningsYear
the
con-
1942.—V.-162, p. 674.
r,'» 4,
»
He has been
I
and
In addition to
included
Jr., Executive Vice-President and General Manager,
A, Allwood,
has been made
hected
47,095
taxes__.
at
Northern
Northern
redeemed.
half, making total depreciation and amortization
$60,972 for the second
quarter and $121,943 for the first half.
$205,392
for
John
35.663,
•
$206,688
—
per
depreciation
i"
''
Lear, Inc.—New Director Elected—
.
23,149
36,381
inc.
rate
The company on
July 30 filed a registration statement with the SEC
for, 120,000 shares of common stock
($1 par).
The shares are issued
amounting .to $56,143 for the second quarter and
$112,286 for the first
half, there is included in selling, general and administrative
2544.
p.
618,404
$520,581
interest
Mohawk Petroleum
Corp.—Registers With SEC—
$1,554,207
renegotiation.
Notes—(1)
:
$374,119
-
r-'
Fed.
income
Earns,
———$387,448
-
taxes
-
655,300
$847,567
18,827
profits
for
Net
Federal
314,852
$497,432
deductions
for
Prov.
Lawrence Gas & Electric Co.—Earnings—
income
329,824
$384,152
The
120,059
$365,325
opers.
Great
subject
plans
been
Minnesota
111,933
122,819
56,904
redeemed
of
Great
being
Holding
55,760
income
excess
J 12,287
,,
be
1950,
from
have
admin,
from
cause:to
due
Minnesota
•
income
Income
charges, but before Federal income and excess profits taxes
minority interest in subsidiary.—V. 161, p. 2221.
Net
55,964
.
1,248,268
♦After
and
Fed¬
,
prof,
Other
income
Earns,
56,143
taxes)
and
gen.
Gross
Net
than
income
Sell.,
profits
minority
| int( in subsidiary——
(
amortization
income
Fed.
excess
taxes
1945—6 Mos.—1944
$1,117,492
$1,892,470
profit—
'
eral
1945—3 Mos.—1944
and
to
transfer
&
Taxes (othdr
(& Subs.)—Earnings—
Period End. June 30—
-
first
1945—6 Mos.—1944
goods sold-;
rate.
year.
will be used to redeem at
102, $10,700,000 first and
mortgage bonds, series due 1955, at IOIV2; $18,C00,OO<>
refunding 4 J/2% mortgage bonds, due 1978, of Minnesota,
purchased
Cost,; of
interest
per
proceeds
bonds,
Deprec,
to
2%
the
'.
The
,
1945—3 Mos.—1944
the
naming
exceed
refunding 5%
(Master Electric Co.—Earnings—
authorized
to
proposes
refunding as part of the general program
to
improve and
simplify its capital structure, to reduce its bond
interest
requirements and to remove
the
lien
of
Great
Northern
Power .Co.'s bonded indebtedness on the
property purchased by Minne¬
sota from Great Northern so that Minnesota's
equity therein will no
longer be subject to a liability maturing at a
comparatively early
date.
f;':■••<■(V-'■ •'
.,/•( :••'(■(•
1945. ( Payments in 1944
Sept.. 20, 10 cents each;
and
bidder
not
Company
Second Fund, Inc.—Dividend
20
is
•
('((:;((('((^7''v(:(;,o
w
June
20,
783
and
Split-Up of Common Stock Approved—
The
to
20,
were
Detroit, Kankakee and New York City.
Merrill Lynch, Pierce, Fenner & Beane is the principal underwriter.
;•
plans
136.
p.
The directors have declared a dividend of 12
cents per
share on
the capital 'stock, par $1, payable from investment
income on Sept. 20
to holders of record Aug. 31.
This compares with 11 cents paid on
June 20, last,
and 12 cents on March
not
The balance of the proceeds will be available for general
corporate purposes, including the opening of new stores in Pittsburgh
and Philadelphia, and the moving of stores to new locations in South
exchanged.
Bend,
announced
N. Y.—V. .162,
offered
be
of
shares
has
qompany
White Plains,
:
Volume 162'
of
of
$2
$100
per
registration
per
share
and
Industrial
share.
of
the
new
stock
becoming
Act, and the second of the offers is
the holders of approximately two-thirds
.
THE COMMERCIAL & FINANCIAL CHRONICLE
784
Monday, August 20, 1945
t
'
outstanding Industrial Finance preferred and common agree
the exchange.
-'.C.',■' t
YYY*Yi;'Y'Y
contemplated that application will be made in due course to
list the new Morris Plan Corp. of America common stock on the New
National Refining
the
Of
make
to
,
i3
It
Ohio Bell Telephone
Co.—Expansion—
all the outstanding stock of the Albert
Realty & Warehouse Corp., Albert A. List, President, announced on
Aug. 8.
The purchase price was not disclosed. • v
Y .
*
The Albert Realty & Warehouse Corp. owns approximately 95%
of
the capital stock of William Whitman Co., Inc.; all the capital stock
The
Operating
Yorkr
Curb
New
Exchange.
William
has
YY;
Executive—
Haas,
Cleveland
Arcade
Co.,
Sunsbury,
Pa.;
162,
executive of the Manufacturers Trust
Vice-President and a director.—V,
Executive
and
Bedford,
New
Co.;
mortgages
2649.
p.
571.
p.
the
of
.
former
elected
been
Operating
real
estate and buildings located in
estate in Cleveland, O., Fall River
other miscellaneous assets.—V.; 160,
and
Gains
in
business and
new
in
reduction
further
a
1
-
<;
'*
<
-
the volume of insurance
in
in force, and
policies were reported
and surrender of
lapses
this company on Aug. 13 in its statement for the first six months
of 1945, issued by Lewis W. Douglas, President.
The
report also showed that the company's mortality ratio was
slightly better than in the first half of 1944, although war deaths
by
registered
first
half
June
30,
total
death
beneiits
the
Since
have
start
been
the
by
paid
war
the
2,381
addition,
In
company.
054,155,
for
$6,584,968
are
pending
there
—V.
$388,333 on the lives of 163 policyholders who have been
reported
"missing in action."
The company's experience indicates
that a
large percentage of those reported missing are finally found
alive.
be
to
established
insurance
totaled
the
by
the
in
company
half
first
increase of $7,884,182, oV 9%
over
the
total
reported
in the
first half of 1944.
The
average
size
policy purchased from The Mutual Life in the first half of 1945 was.
1945
$3,760,
8%
or
June
on
this
first
force
an
the
of
lives
$3,748,801,561,
policyholders
of $69,293,562
fewer
increase
an
in
number, and
16.1%
While
in the first half of last year.
f
policyholders and their beneficial ies in the first half
to $53,048,746, or $2,613,396 less than in the
,.
of
the
remaining
icyholders,
disability
holders.
$26,787,984
including
benefits,
represented
under
payments
cash
New
surrender
values
>
to
payments
endowments
and
living
and
On
June
dividends
The
Mutual
Life's
totaled
$870,198,987,
the
account
The
30
date
same
for
49,5%
assets
beginning
total
the
on
a
year
the
of
company's
admitted
the
11,
1945,
the
under
/
.
obtained
built
was
Arthur
available
hours
62,082,918
as
its
for
compared
corresponding
week last year.
,
first
new
a
investments
U.
ago.
sheet
of
as
of
30,
increase
$1,757,867,674.
the year and an
an
162,
1944.—V.
admitted
June
date of
of
same
United
increase
of
Gov¬
$62,133,206
holdings
mortgage
Hotel,
Brisbane.—V.
Co.,
Inc.
New
$1,040,000 for
the northeast
City,
mortgage
The
,
„
at
York
National
Battery
A
to
.145,000
.
each;
no
'
»
,
change
each
common
stock
without
the
value
of
par
increased
$4
share
of
of
no
6%
1414.
p.
consider
-
''
-
.
,
stock
(d)
authorize
of
the
value
par
share
per
presently
into
with
2%
the
now
the
directors
cumulative
final
-Hearings
"■
Amended
on
of
the
would be changed into one share
stated value of $10 per share
the original cost of New York's prop¬
temporary
a
the
amended
plan all. rights of
unpaid dividends would
and
standing common stock would not
recapitalization.—V. 162, p. 668.
be
holders
given
of
The
recognition
any
to
preferred
cancelled.
be
the
stockholders
The
stock
from
authorized
issue
mon
Aug.
on
800,000
of
issued
shares
effect
and
of
bankers,
but
of
increase
to
voted
17
the
authorized
directors
to
to
stock
of
would
capital
be
certificate
have
to
stock'of
common
Ship
Hydraulic
security
shares
be
Act
effective
and
various
nection
achieve
to
the
of
the
the
incorporation
company
value
par
estate.
with
shares
must
sell
$4
of
borne
be
sale
rata
pro
by
stockholders.
the
be
the
said
Sky Laws
in
qualification
the
and
company
■Y
Blue
of
be
con¬
of
change if the sales of shares by the company and the estate
are
The
in
6 Mos. End. June 30—
tNet
♦Earns,
per
♦On
con¬
with
par value
1945
__
747,717
.___
share
com.
income
2223.
and
1944
1943
747,718
$0.43
profits
taxes,
'
Y.
but
before
'
•
$0.43
Chase
Cost
for
Gross
4,904,780
10,775,262
9,263,675
254,201
512,996
486,639
$1,444,514
$1,179,802
$2,674,959
734,266
profit
Sell., admin. &
$2,317,665
712,188
1,465,770
1,424,222
gen. exp.
of
the
City
agent for the common
of
no
York
New
par
has
stock.—V.
been
$710,248
$467,614
81,735
108,466
190,235
$791,983
$576,080
$1,399,424
Airlines, Inc.—Declares 50-Cent
directors
the
three
on
declared
7
Aug.
preceding years.—V.
Two
were
£
The
which
transports,
more
allocated
138.
48,528
104,859
8,078
95,493
7,035
15,278
13,507
____.
$1,209,189
$893,443
in
cents
a
162, p.
to
paid
holders
Sept.
of
539,070
on
Int.
income
______
184,344
expense on
1
each
in
Net
debt
Prov.
.
for
Loss
doubt.
canital
expenses
Inc,
exc.
Net
3,626
per
161.
com.
p,
_______
8.421
taxes
44.465
31,023
54,517
215,200
665,100
419,500
$238,068
share..
$260,852
$0.12
$519,559
converted
into
luxury
liners,
charge
are
of the C-53 Douglas type, and are readily con¬
military to civilian service.
Each will carry 21 passen¬
space for baggage and mail.
The planes will be
assigned to regular flights as soon as work of conversion by Northwest
Airlines crews is completed.
Acquisition of the two planes increases the Northwest Airlines fleet
to 21 twin-engined transports.—V. 162, p. 678.
$0.27
$0.26
2003.
enough
By amendment to
of
its certificate of
incorooration, the
Changed—
common
stock
this
corporation has been changed from shares without
par value
shares having a par value of $1
per share on a share-for-share
basis.
1945—Month—1944
Period End. June 30—
revenues
oper.
stock
value
were
beginning Aug.
recorded
shares.--V.
on
158,
p.
the
10,
New
2583.
1945,
York
transactions
Curb
Exchange
in
in
the
the
common
$1
pa/
\
$429,311
1945—Month—1944
1945—6 Mos.—1944
$12,594,715 $10,614,870 $70,602,741 $62,316,733
29,851
27,500
162,571
155,000
rev,
$12,564,864 $10,587,370 $70,440,170 $62,161,733
8,004,336
7,357,025
46,980,274
43,618,528
3,421,439
2,178,847
16,489,400
12,212,979
$1,139,089
3,618,305
$1,051,498
$6,970,496
$6,330,226
1,712,408
10,814,923
10,073,775
___—
income
,
—
Reduction
Pan
rate
cents
55
World
for
a
air
shipments
pound to 37 cents
Airways,
The
between
is
New
and
York
is announced
pound
a
reduction
line
in
with
by
PAA's
of lower rates to encourage mass use of Clipper Express.
rate,
effective July 23,
covers
all
commodities
except
new
Bermuda
modity
lilies, the island's principal expoit,
rate of 28
for
rate
the
in
from
American
cents
a
and
newspapers
only 19 cents
pound
remains in
magazines
also
for
which
special
a
The
force.
applies,
com¬
50%
general
making
such
ship¬
pound.
The 42-ton PAA Clippers provide five to six-hour
express service to
and from
Bermuda.
Delivery by Railway Express by air or rail is
made to 23,000 cities in the United States within six hours to three
days of the arrival of the shipment at La Guardia Field, New York.—
V.
162.
a
463.
p.
Panhandle Eastern Pipe Line
Co.—Secondary Offer¬
ing—Blyth & Co. Inc. made a secondary offering of
common stock on Aug. 8 at $31 Vz
Dealer's discount 70c.—V. 162, p. 678.
Panhandle
Producing
&
Refining
Co.
(&
per
Subs.)—
3 Mos. End.
6 Mos. End. 6 Mos. End,
30, '45 June 30, '45 June 30, '44
$1,525,479
$2,942,250
$2,127,888
897,812
1,745,388
1,271.361
186,267
369,891
306,434
226,793
366,340
233,970
33,098
64,401
58,243
34,623
67,397
56,285
June
♦Sales, less sales taxes—
Purch., transp. & container costs.
operating cost_
•_
Operating charges
Depreciation
Depletion
Undeveiop. leases expired or sur
Direct
___________
985
operating income
Non-operating income
$146,887
208,602
291,089
14,196
income
$355,439
$619,922
$214,806
Total
Deductions
from
income
income before
♦Includes
which
to
$200,609
70,686
drilling transactions with
amounted
Notes—(1)
$323,834
87,571
30.596
$284,803
taxes.
Federal
$532,351
$184,209
$123,403
in
the
affiliated
six
months
companies,
to
June
profits
30,
on
1945..
No
provision has been made for Federal income taxes
since such taxes, if any, for the year will depend to a
large extent on
the amount of drilling done during the
year, as intangible costs of
drilling producing wells will be deducted on 'company's Federal tax
returns, although capitalized on the books.
(2)
The
Fidel
above
statement
Association
reflects
only
of
those
New
does
not
York,
earnings
of
include
Inc.,
Miller
operations
profits
or
wholly-owned
Marine
dividends.
as
subsidiary
Decking, Inc., as'
of
and
were
-
Consolidated
5,403
5,470
rev.
1945—6 Mos.—1944
$4,705,667 $30,491,878 $27,765,958
$5,164,420
____
Operating revenues
Operating expenses
Operating taxes
Net
Net
—V.
37,535
24,382
$4,700,264 $30,454,343 $27,741,576
3,113,528
19,595.965
18,498,106
$5,158,950
3,348,049
1,036,360
1,220,857
income
$590,044
$550,376
__________
558,023
508,816
operating
income
7,145,771
5,899,179
$3,712,607
3,430,868
2,998,949
$3 Preferred Stock—
company has called for redemption on Sept. 15,
1945, all of
outstanding shares of $3 non-cumulative preferred stock and scrip
(including unsurrendered certificates
for
6%
cumulative
preferred
stock and common stock of Rochester Central Power Corp.)
at $26
share,
annum
per
tion
plus
from
share.
agent,
($40.12 %
of
dividends
at
the
rate
of
$3
per
share
per
1945, amounting to $14.12%
Payment will be made at the Lawyers Trust Co., redemp¬
111 Broadway, New York, N. Y.
Immediate
render
accrued
Jan.
1941
1,
payment
per
share)
said
stock
of
Sept. .15,
the
may
and
to
be
full
redemption
price
and
interest
upon
presentation and sur¬
received
scrip.—V.
161,
p.
313.
-
,
*
Sheet
at
as
June
30,
'
1945
im
$172,144;
advances
total. $5.718,230..
progress,
(incompleted
property
acquisitions)
Liabilities—Notes payable, $43,500; current
liability (long-term debt)
accounts
payable,
$224,390;
accrued
liabilities
$180 973*
for
1944
Federal
income
tax,
$3,000;
$140,464;
provision
The
per
Balance
Assets—Cash
in
banks
end
on
hand, $351,974; cash in transit
$26,400; U. S. Government bonds, $3,984; notes and accounts
receiv¬
able,
less
reserves,
$556,882:.
inventories.
$550,850;
investments
$1,271,658; deferred charges, $53,885; fixed assets (after reserves
for
depreciation and depletion of $3,848,201), $2,721,239; construction
$3,344,291
Y
162, p. 463.
NY PA NJ Utilities Co.—Calls
into
A-cordin^v,
oper.
taxes
<
Its
National Manufacture & Stores
Corp.—Par
$444,915
Northwestern Bell Telephone Co.—Earnings—
$494,770
$0.14'
$218,919
r '
162, p. 463.
$9,214;
63,605
■___
473,200
______
prof,
profit—™
Earns,
J-V.
cf
assets
Sundnr
<&
nccts._
disposal
on
„Y $
Y '■
-• y
income
—V.
Net
planes
with
gers,
Uncollectible
fund.
826,850
678.
Y Y
be
will
1
share
per
vertible from
Operating
Total
934,230
Div.—
the Army to Northwest Airlines, George E. Gardner,
of operations, announced on Aug. 12.'
by
$1,077,787
60.590
income
Y
operating
received
Operating profit
Other
447,850
ap¬
162, p.
(Del.)—Weekly Output—
Allocated Two More Liners—
269,821
33,148
524,650
and
taxes.
Earnings-
dividend of 50
on
the no par value
common
stock, payable Sept.
record Aug. 21.
This represents a total of $269,535
snares outstarding.
A like amount was also paid on
of
5,612,406
de-
amortization
inc.
Net
The
Vice-President
_______
deplet.,
&
Ptec.
24,633
rendered
1945—6 Mos.—1944
$6,338,783 $13,963,217 $12,066,979
sold, excl.
deprec,
and
amortization
Prov.
Y'
$7,326,741
of goods
deplet.,
16,400
Period—■
Bank
National
Northwest
provision for
renegotiation.—V
161
>
1945—3 Mos.—1944
Gross sales, less discts.,
returns &. allowances
Net
York has been appointed registrar
distribution of 2,181,500 shares
tAfter
National Gypsum Co. (&
Subs.)—Earnings—
Period End. June 30—
New
581,000
$0.91
issued.
of
forthcoming
stock.
Electric output of this company for the week ended Aug. 11, 1945
totaled 44,790,000 kwh., as compared with 41,831,000 kwh. for the cor¬
responding week last year, an increase of 7.1%.—V. 162, p. 678.
1942
$9,512,779
1,212,545
$0.56
stock
common
Co.
the
common
Northern States Power Co.
subsidiaries)
$12,070,914 $13,133,365 $13,584,958
____
1,335,701 shares of
Federal
p.
sales
income
419,735
11,964
revenues
Operating
share.
Transfer Agent—
National Cylinder Gas
Co._Earnings—
Consolidated
Railroads,
138.
p.
Trust
Guaranty
connection
Of. no
The
domestic
the holdings of the Boston & Maine
each of which held 25,000 shares of
Northern Indiana Public Service Co.—Registrar—
pointed transfer
(Including wholly owned
$1,709,045
422,282
20,000 shares of
selling
571.
p.
50,000 shares represented
162,
$1,826,059
212,639
cos
Operating revenues
Operating expenses
ments
\
Central
$895,808
$231,204
subs,
Uncollectible
1,334,000
i
Maine
$978,758
Pacific Telephone & Telegraph Co.—Earnings—
program
678.
and
'
the proposed recapitalization and sale of shares
by the comthere would be issued and
outstanding 335,000 shares of common
the par value of $4 per share.
The board of directors intends
apply for listing of all of such shares on the NeiV York Stock Ex¬
162,
2,003,000
the
of
summated.—V.
753,000
$31,258,000 $33,416,000 $57,461,000 $65,149,000
Northeast.—V.
45,893
and
Period End. June 30—
1944 follows:
162, p. 251.
The
After
to
26,
—26 Weeks Ended—
Airlines, Inc.—Secondary Offering—Paine,
Webber, Jackson & Curtis made a secondary offering,
Aug. 1, of 50,000 shares of capital stock (par $1) at $15 Vs
per share.
The issue was oversubscribed.
Federal
must
$1,663,152
42,825
„
Pan American Airways Corp.—Rates Reduced—
1,292,000
y. ■
Northeast
panv,
stock
and June
Niagara Hudson Power Corp.—To Sell Holdings—See
Central Hudson Gas & Electric Corp. Above.—V. 162,
p.
$1,783,234
29,846
210,940
,
Operating
&
work
oth.
$865,962
earnings
The
the
sale
the
sold
incurred
expenses
and
7
under
to
under
the
'
1945
25,
1945—6 Mos.—1944
—V. 162, p. 14.
to
per
in
contemplated
shares
qualified
and
diversification
statement
to
undetermined
registration
be
Before
.respect
Certain
said
greater
a
registration
a
1933
States.
would
of
made,'
of
the
with
shaies
orde;-
investments
can
Scurities
of
in
&
Totals
—V.
no
one-third)
June
600
15,893
YY~-YY
profits
Bermuda
satisfactory terms of sale can be agreed' upon.
Such a sale
action
by stockholders.
The company understands that
an
estate, holding of record the largest single block in the company's
stock, intends, at. the same time, to sell some of its
holdings (less
than
turbines
accessor.
if
involves
ended
of
'
____
weeks
final
the
of
total
YYYY'
..
June 25, '45 June 26, '44 June 25, '45 June 26, '44
ship construction, $29,024,000 $31,133,000 $53,814,000 $61,134,000
repairs & convers
942,000
1,530,000
1,644,000
2,681,000
New
of
Y'-Y
com¬
cost of work performed during the 13 weeks
—13 Weeks Ended—
headed by Goldman, Sachs & Co., and Piper,
for public offering, 41,632%. shares of the newly
unissued
the 26
Y'
issue
the
propose
1
A statement of recorded
and
1945—3 Mos.—1944
(net)—__
bonds
on
excess
to 2,000,000 shares and to create an
shares of new 3%% cumulative preferred
■: »;V
because
contracts,, a
$962,864
for Fed.
Prov.
Net
Performed—
hereafter
or
amendments
the
& Hopwood,
authorized
■;f\
outstanding
common
that
$4
of
Interest
shares
100,000
released
Government
to be reabsorbed.—V. 162, p. 463.
Depreciation
out¬
in
being
are
before
oper.
income
Total
preferred
with
adjudication of
Newport News Shipbuilding & Dry Dock Co.—Work
value
par
Gain, from
notes
Under
authorized
or
issued;
scrip in lieu of frac¬
(e) amend the by-laws in certain respect?.
board
necessary
effective,
investment
share
of
the. company
shares, and
Jaffray
share
shares
which
company's
Oxford Paper Co, (& Subs.)—Earnings—
erties.
of Common
the amount of $34,789 and earned surplus
correspondingly
(c) provide that there shall be no pre-emptive rights as to
any
become
500,000
the
of
Aug. 24 an amended recapitalization
The amended plan provides that each
on
corporation.
common
par
pending
over
in
reduced;
After
to
4,745,224
employees
Other income
will
SEC
The
Public—
to
$4,918,690
4,950,312
persons is expected
of Spencer-Taylor, Inc.,
the
Randolph Hearst and the late
William
stock, par $100.
A portion of the issue Is to be offered in exchange
outstanding 5% stock.—V. 162, p. 677..
Split-Up
Offered
be
value shares
par
(b)
tional
Plans
—
to
$5,101,730
814,784
;
1,200
termination
(J. J.) Newberry Co.—Change in Capitalization Voted
special meeting of stockholders has been called for Aug. 20,
(a) increase the authorized shares of common stock from
new
1945,
Co.
Shares
$808,325
811,214
said.
Of
nego¬
for
Stock—New
$804,262
'
1
depreciation
plan filed by the
total
since
the
income
operating
162, p. 251.
Boak
the
from
was
Plan—
assets.
$74,672,896
9,905,205
supervision
by
155,
of
Tower
Street,
Insurance Co.
Life
1925
Ritz
57th
now
1945. showed
of $40,228,886
10,739,160
Period End. June 30—
676.
p.
in
_
States
of
Government
company's total
balance
in
increase
an
S.
42-story
and
New York Water Service Corp.-
pol¬
_
the
on
Avenue
by Brooks, Harvey &
operated under the
Now
policy¬
to
..
securities
ernment
has
Mutual
accumulated
over
'Y
4%
Park
England
hotel
annuities,
.
at
of
tiated
less in
1944, due in most part to the reduction in death claims
surrenders. Of this amount, $26,260,762 represented death claims,
and
kilowatt
of
Aug.
0.41%
677.
company
years
corner
Surrenders, lapses and expiries for
1944.
21.5%
were
of
amounted
year
half
1945
half of 1944.'
nearly 1,000,000
first
the
on
30, 1945, stood at
figure on June 30,
tne
amount, than
Benefits to
of
than
larger
first half
the
$99,690,724.
in
Insurance
over
ended
New York Towers, Inc.—New Loan—
The
10
:1,723,658
the termination of all prime military contracts, Thomas I. S.
Boak, Works Manager of the Winchester Repeating Arms Co. division,
on
Aug. 17 announced that by the end of this month he expects to
have the plant completely converted to commercial production of sport¬
ing arms and ammunition, flashlight batteries and roller skates.
Winchester's post-war
employment is expected to be 50%greater
than pre-war because of the enormous backlog of orders and increased
demands for the company's products, Mr. Boak said.
Winchester's
pre-war
employment
level
was
approximately 3,600
and present production plans are expected to require the full employ¬
ment of 5,500 persons by Aug. 31, it was added.
Y
Winchester was able to cushion itself against abrupt dislocations in
its reconversion program because of careful planning made possible by
prior cutbacks in its military contracts.
These cutbacks enabled the
company to reach its present position by relatively easy stages, Mr.
Association—Output Off 3.69%—
number
<
life
New
of
week
decrease of
a
162, p.
$5,998,933 $38,985,665 $35,440,935
3,466,950
23,144,775
20,617,040
4,027,816
Olin Industries, Inc.—Reconverting to Civilian Output
for
claims
-1,704,226
With
64,458,409 for the week ended Aug. 12, 1944, a decrease of 3.69%.
The comparable figure for the week ended Aug. 4,
1945, was 62,-
•
claims
death
war
reports
the
for
$6,536,304
income
—V.
with
period.
the same
in
of
Association
territory
1
44,374
—
taxes
Net
ended
New England Power
The
7.6% of total death claims in the
of
the
year.
From the date of Pearl Harbor through
1945, the' company's war death claims were only 3.9%
of
represented
claims
48,306
■
Aug. 10, the Association reports electric output
of 12,758,074 kwh.
This is a decrease of 78,914 kwh. or 0.61% below
production of 12,836,988 kwh. for the corresponding week a year ago.
Gas output for the Aug. 10 week is reported at 103,640,000 cu. ft.,
an increase of 7,369,000 cu. ft., or 7.65%
above production of 96,271,000
cu. ft. in the corresponding week a year agp.—V. 162, p. 677.
increase.
an
death
War
the week
For
6,831
YYYYY Y y'.: 'YY''YYY
■■
New England Gas & Electric Association—Output—
York—Business Up
Mutual Life Insurance Co. of New
Y
;
__
revenues
expenses
Operating
Net
in First Half of 1945—
6,281
rev._
Operating
real
on
Mass.,
1945—6 Mos.—1944
$6,005,764 $39,033,971 $35,485,309
$6,542,585
.revenues^-—
Uncollectible oper.
.
Co.—Earnings—
1945—Month—1944
Period End. June 30—
has acquired
company
contracts,
obligation
to
be
deposits on sales
debt,
$951,539;
conditional
purchaseDecking, Inc.), $218,226; dep6sits on wells
long-term
Marine
drilled,
surplus,
V.
$55,118;
(Miller
$265,400; common stock ($1 par),
$905 407canital
$1,439,044; earned
surplus, $1,291,169; total, $5 718 230
—
161. P.
1661,
(J. C.)
2337.
YY-.Y
Penney Co.—July Sales Up 0.51%—
Period End,
July 31—
1945—Month—1944
$
Sales
—V.
p.
251.
(Continued
on
f
1945—7 Mos—1944
$
36,980,380
162,
'
Y
$
'
-
§
36,792,256 278,089,245 267 446 477
page 817)
•
'
*'
-1
*■* '*
Volume 162
' ''
"
V»A*
w
*'>xv. *
1
Vi"
1
fiv,
j,
■
,
i'" i,
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
.
M*
/
»
Sales
Mew York Stock Exchange
«»
KSSl^^SSfS®PMDA,tT;lv WEEKLY
NOTICE—Cash and deterred delivery
selea ere dlareferded In the day'i range,
785
{YEARLY
-
tmleaa they ere the only tranaaotlona of the day. No account la taken of auch aalea In computing the
the year.
range for
United States Government Securities oil the New York Stock Exchange
Below
furnish
we
and Home Owners' Loan
32d of a point.
'
daily record of the transactions in Treasury
a
Figures after decimal point represent one or more
week.
Aug. 11
Prlees
DaUy Record of U. S. Bond
Aug. 14
Aug. 13
Aug. 16
Aug. 15
the New York Stock Exchange during the current
on
."
Total
sales
in
Aug. 17
High
101.22
101.20
Low
101.22
101.20
101.22
101.20
$1,000 units
1
3
(High
101.12
2%s, June 1967-72—
[Close
Holiday
Holiday
Holiday
101.7
|High
{ Low
101.8
101.7
[Close
Low
101.11
101.7
Total sales in $1,000 units
7\i:
44
-
14
*
f High
j Low
3%s, 1946-49
,
2%s,
| Hign
Sept.,
1967-72.
-
104.8
{ Low
I Close
•
,
[Close
.
Total sales In $1,000
Aug. 16
Aug. 15
|
_
(Close
Total sales In $1,000 units
Aug. 14
Aug. 13
[Close
2y2S, 1966-71
Total sales In $1,000 units
•%s, 1946-56
>
Aug. 11
r
Treasury
] LOW
4%S, 1947-52
bonds
Daily Record of V. S. Bond Prices
Aug. 11
f High
Treasury
coupon
104.8
104.8
Total Bales in $1,000 units
units
'*4%
___
*
I High
3y8S, 1949-52
(High
j Low
V
2%s, 1951-53-—————•{ Low
(Close
(Close
Total sales in $1,000 units
Total sales In $1,000 units.
,
3s, 1946-48
j
f Hign
i—{ Low
Holiday
[High
$%S, 1952-55—Low
[Close
Total sales In $1,000 units
[High
8%S, 1954-58—
Total sales in $1,000 units.....—-
(High
113.6
J Low
[close
...
113.6
113
113.6
113
[Close
2%s, 1945-47
2%S
$1,000 units
%s, 1859-62
High
][Close
Low
——
2s,
1947—
Low
Total sales
—
—.
.
In $1,000 units
1948-50-.———{ Low
$8, Dec.
.
(Close
Total sales In $1,000 units
Total sales in $1,000 units.—
Hign
—
t riigH
Low
2%S, 1958-63
2s, June, 1949-1951
Close
{ Low
—
(Close
units
Total sales in $1,000 units.
f Hign
—.
...
■
[High
;:vV{
j LOW
2%S, 1960-65
2s, Sept., 1949-1951
{ Low
—
[Close
[Close
Total sales in $1,000 units
Total sales In $1,000 units
—
[High
f Hign
_.....—] Low
2s,
Dec.,
1949-1951—
—{
[Close
Total sales in $1,000 units
-I Low
V7/V;/'V:;,':i
—
—
[High
1948
—
Low
(Close
Total sales in $1,000 units..
■
...
[ Hign
Low
[Close
Vvv'.
—
{ Low
(Close
[Hign
2%s,
1
::
...
I Hign
2s, March 1948-50—.—.
Total sales In $1,000 units—
_i
:
[Close
(Close
1945—
101.6
11
Total sales In $1,000 units..
[High
i Low
2%S, 1951-54
«%s,
101.8
—
101.6
101.6
(High
,
(
Total sales in $1,000 units...—~
Total sales in $1,000
101.10
101.8
t—
—{ Low
[Close
i
100.6
1
—
(High
2
Total sales in $1,000 units
r
2%S, 1956-59.———-
103.31
103.31
-.—4
Total sales in
100.6
[Close
Low
(Close
Total sales in $1,000 units.
2%s, 1948-51...
1956-59
100.6
[High
\ Low
103.31
[High \
6
Total sales in $1,000 Units...——
—
Total sales in $1,000 units
113
{ Low
—
Holiday
$1,000 units
[Close
$%8, 1955-60
Holiday
—.
—
[Close
Total sales in
—
[High
—■j Low
3a, 1951-55
—.
(High
Low
1950-1952—J
2s, March,
(Close
(Close
Total sales In $1,000 units..—
—.
Total sales in $1,000 units
—
[High
fLoW
*%«, 1949-53—
{High
Low
[Close
Total
sales
In $1,000 units
f High
2%S, 1950-52
1951-1953—{ Low
2s,
I Close
fM^
1952-84-
*
(High
J Low
i
_J
1952-54—.
{ Low
2s, Dec.,
(Close
:..
fHlgh
102.14
{ Low
(Close
102.14
102.7
102.7
1
(High
102.5
102.5
[Close
102.4
[High
102.2
102
-j Low
[Close
102.2
101.31
102.2
102
6
Total sales in $1,000 units
2%s, Dec.,
1964-1969
Total sales
3
[High
{ Low
,
2yas
1965-70
Total sales in $1,000
units.'
101.26
101.26
102.23
102.25
102.23
25
{ Low
(ClOSe
sales in $1,000 units
(High
j Low
(Close
1948—-
Total sales in $1,000 units
101
:
1 y2s,
J High
Low
1950
101
[Close
:
101
Total sales in $1,000 units
101.21
*
r;:'V
—
*Odd
lot
tTransaction of registered
sales.
bond.
13
NEW YORK STOCK
RECORD
Range for Previous
STOCKS
Monday
Aug. 11
$
per snare
>
Aug. 18
Wednesday
Tuesday
Aug. 14
Saturday
$
per
share
< per
68
114
*112%
.73
*68
•■
■v:'ii.'
v'-.-
7
f per share
the Week
EXCHANGE
*67
share
Shares
12%
27%
13%
27%
■?>:;'
'7/.7 .r^7;-7
^v
•
73
13%
*68
13%
28
28%
14%
14%
14%
14%
*35%
36%
36%
*112%
36%
?7;;.
73
*110
27%
27%
-_.v
7,-
27%
42 y*
42
42%
*110
112
:
7%
7
4'/a
3%.
1,000
28 y4
1,800
•
2 000
Adams
15
37%
400
Express
Adams-Millis Corp
27%
400
Address-Mutigr
42
2,500
110
10
46%
60%
60%
30%
31
100%
;
100 %
45
61
30%
*99
16
16
*16
161
163
163
.
110
7
■ ■
—
v
16%
—
.
;.v
--'
17%
17%
29%
29%
29%
.
—
v
2,700
■—
—
.7
1
Par
Alleg & West Ry 6% gtd
17%
500
164%
7C0
17%
300
Allen Industries Inc
Allied Chemical 6c Dye_
Allied Kid Co
29 %
29%
900
Allied Mills Co Inc
.
t per share
22
71
May
5
9
115
Jun
15
15
73% Jun 20
9% Jan
.
2
16V4 May 19
25 V2 Apr 23
? 13 Va Mar 26
Jan
7 33
19%
Jan
2
49
22
120
8V4 Jun
21
6V4 Jan
2
2% Jan
24
5% Jun
11
22
60% Jun
21
23
24
11
13% Jan
2
No par
-—5
-No par
24
July 10
Apr
34% Jan
Jan
26
15% Jan
2
28% July 27
153 y4 Mar
Dec
26 y2
98 V* Jan
Jan
10%
18
39% Jan
ya Jan
Jun
Dec
38% Apr
100
10
91
:
64
30y2 May 19
No par
28
8ya Aug
Jun
114
Dec
14
6
56
Feb
Jan
Jan
24
100
1
47
64 %
10%
32% Jan
No par
52%
108% Nov
Highest
# per share
16% Jun 27
22Va Apr
1
100
I per share
1944
28% Aug 14
10
_No
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp
30
17%
.
—.
400
61
31%
101
164
■
—.
61
31%
__
—
.
•6,000
46
Air Reduction Inc
Alabama & Vicksburg Ry
Alaska Juneau Gold Min
Allegheny Corp
5V2 % pf A with $30 war
17
163
16%
27^500
*98
__
■
—
.
3 300
3%
44%
;
'
—
—
7%
3%
^
61
31%
103
16%
(V-J Day)
•
:
46%
29
footnotes see page 795.
——
—
Corp
'
Jan
60
2.50
10
ACF-Brill Motors Co
Acme Steel Co
:
14%
.;"„v
.
Closed
4%
45
'
7%
4
111% Apr
37%
27%
•
■
—7
112
6%
For
—
60 V4 Jan
100
No par
13%
'
42
No par
41%
—■
■
„
'
*27 %
Abbott Laboratories
4% preferred
28 »/4
—
.
114
13%
:
—
$ per share
P*r
Abraham & Straus
200
67%
■
114
-
Lowest
Lowest
'
4
Year
Range Since January 1
Highest
NEW YORK STOCK
t per
7
'
Sales for
Aug. 17
Ang. 16
S per share
share
Friday
Thursday
Aug. 15
67
67
*66%
*112%
*70
1
101.21
101.26
102.23
101.28
[Close
•
-
l%s
1
7:7,2;,7v
$1,000 units
In
Total
102.4
102.5
102.23
[High
102.4
Low
1964-1969——{
—1
1953-55-
2s
10
13
1952-54
102.25
[High
{ Low
[Close
Total sales in $1,000 units
102.7
102.14
Total sales in $1,000 units—
2%s; June,
102.23
Total sales in $1,000 units
fHlgh
2V2s, 1963-1968
102.23
Low
[Close
*
Total sales, in $1,000 units
102.23
[High
2s, June,
(Close
2V2s, 1962-67
1
Total sales in $1,000 units..—
] Low
Total sales in $1,000 units
102.26
102.26
[Close
Holiday
f High
Stts, 1956-58
102.26
102.26
[High —
j Low
1951-55
$8.
Holiday
Holiday
Holiday
102.26
Total sales in $1,000 units..
(Close
$1,000 units
Total sales in
Holiday
102.26
—
-
[Close
Total sales In $1,000 units
.
Holiday
(High
—{ Low
...
—
Close
Total sales in $1,000 units
37% May
75
5%
2
Jan
Apr
Mar
7% July
3y4
Dec
Dec
62
Dec
29% July
6
141
3
1
Dec
Jan
Apr
34% Mar
July
37
Jan
20% May
Oct
43
100
36
24%
165 y4 Mar
Dec
Jan
70
34% Mar
;
23%
1
7
May 28
18% May 17
68% Mar
104
24%
9% Jan
Apr
B1
15%
157
Deo
Oct
Dec
13% Mar
18%
29
35 y4 Mar
Aug
Feb
THE COMMERCIAL & FINANCIAL CHRONICLE
STOCKS
liOW AND HIGH SALE PRICES
Saturday
M enijay
Aug. 13
Aug. 14
f per
I per sha.fe
■
.
$ per
$ per share
share
Prlday
Thursday
Wednesday
Aug. 15
Tuesday
Aug. II.
Aug. 16
share
$ per share
t per
29%
100%
100%
47 '/a
*100%
101 %
47 Vs
47%
*117%" 119
27%
27%
*119%
121%
x27%
29 Va
5%
5%
5%
46 y2
5%
\
..
47
*46
—
—
__
31
—,
•
.
63
64 V4
63%
64
27%
28V4
27%
28
77%
*76
17
17
44
134
11 Va
.
11%
53%
112
30
115%
__
132%
—
„
♦191/4
231/4
/
•'
116%
116%
f
150
*109
35%
35%
6
5%
14%
*37
26%
42%
7%
•'
100%
41%
■
8V4
\
8
52
76 Va
8
"'■■a/.':/
8
7-:
50%
33%
.
(V-J Day)
Zf, w8>':
95
50%
*50%
34%
33%
114%
26'A
26%
x26Vo
134%
133
47
•
-
>
74%
75
7
67%
681/4*
14%
75
15%
14%
185
x21%
23
*:
;
V
15%
■
*182
21%
89%
90
34%
34%
34%
32%
:
47%
170 Va
166
170%
170%
*43%
44'A
44 y2
43%
166
*163
32%
20'A
25
>45%
'
4% Aug
11% Dec
Apr
Jan
20% Jan
Mar
1
46% Jun
24
Jan
3
Mar
1%
1
29
Mar
5% Mar
Oct
68
102
Jan
Jun
15%
25%
Jan
94%
Dec
33
9V4 July 10
Jan
59
14
Apr
40%
Dec
3%
51% July 11
65
9
4
Jan
99
July 31
11% Jun 25
61
Jan
Nov
76%
Mar
10% Jun
46
39% Mar
5
Apr
6% Aug
Jan
81% May
Preferred
26
31%
*31%
31%
178%
179
1791%
178%
179%
4.700
1,000
V 3,000
;
;
78
78%
77%
771/2
77%
791/2
78%
79
78%
79%
154V4
155%
1541/4
154%
161/2
171/4
171/4
17%
H
78 V4
78%
154% 154%
16%
17%
53 Vs
7
118
15%
53%
54
118%
119
Oct
>
14%
15%
201/4
15%
107%
19
116
6%
6%
6%
111%
Dec
14%
Feb
24%
8%
Jan
12% July
Feb
26
2
176 / »an
100
2
15% Jan
Jan
preferred
3
9
No par
No par
18%
Sep
Feb
19%
Dec
26%
Jan
37%
Dec
36%
Jan
Feb
Mar
25
/
American
-
10
117% Jan
Wks & Eiec——No par
...No par
Am Water
..$6
43% Mar 27
100
99% Jan
—
1st preferred
Woolen——
American
Preferred
—
8% Jan
—No par
9
.——100
—
3
13% Mar 27
14
Viscose Corp.—
.
Jan
22
23 ■V
15
7
26
27
17% July 10
6% Jan
./-
.5% Mar 27
Jan
28
8% Jun 22
4
9%
107
Jan
44
Jun
100
Jan
Jan
67 Va
128% Jun
V
Dec
49
120% July
16 % Aug
Apr
6%
July
15%
39% Apr
>
July
75
152% July
8% Jan
84%
Jun
Dec
75
Jan
14
111
i
2
Dec
Jun
166%
Jan
116%
Dec
31%
Jan
57%
139
29% Jun 28
11
132
Jan
56%
15
Jun
121 Va Mar 15
<
100% Mar 26
Amer Zinc Lead & Smelt—
Jun
79
xl6l
56
,<
Jan
26% May
156
Dec
19% July
25% Dec
Jan
Feb
Dec
28%
Jan
.
Dec
152%
'
16%
July 10
80% Jun
<
2
No?
22% Jun
29
8
54% Jun
2
—.—
Jun
45%
111
7
19% jun
Jan
65 V4 Jan
145 V» Jan
preferred——
5^
31
Mar
165%
15
7
28% Apr 24
567/s Jan
3
v
100
•
Dec
43% July
Dec
Jan
146
Aug
6
35% Jun 26
v
77%
39% May
147
Apr 25
45% Mar
6
-
3
65
25
15
Z 164
45% July 19
Jan
;
13%
17
50% Jun 22
16
157
Aug
17% July
Jan
172
v
2
22% Jan
—100
180
Jan
'
9
17% Jan
Dec
12% Aug
'
;
13% Jan
40
.——25
—
Jan
24% May 29
2
Tobacco.
163
Dec
12%
184
Common class B
Jan
60%
Feb
9
•
Feb
Feb
40
Oct
.:<•
3 Ye Aug
66 V« Dec
25% Apr
15
153
,
62%
35
6%
44%
16
43
Jun
22% July 10
23
32% May 22
—100
Jan
2
3
130
Feb
32
Dec
Dec
91 Va Feb
2
i
2,400
Mar
184
4
17% Jan
115 %
3
15% Aug 17
2
18% Jan
20
74 % July
2
75
Mar
82% July
..
22
29% Jan
>100
7 :
Jan
142
1,700
6%
22
40V4 Jan
Amer Type Foundries Inc.
11.600
116%
116 y4
116
115%
80 Va
12
American
400
20%
;
Dec
9
128% Jan
;
9,300
109
28 Vs
142% May 24
48% May 21
7% July 2
2
41% Apr
—
/
-
1,200
15%
*107
19%
19
Feb
Am Sumatra Tobacco.—....No par
.100
Amer Telep & Teleg Co.—
270
f
;
Jun
14%
115% Aug
2
164'/4 Jan
Sugar Refining.
50
6
27% Jan
Preferred
Jan
31
54% Jan
9% Aug
46
9
60 % Jan
9% July
7% Apr
6% Jan
15
14% Jan
11% Jan
7% Aug
79% Dec
28Vi Aug 17
,
Mar 26
..25
preferred.
Jun
50% Aug 10
37 V4 Jun 25
.
100
0
3,900
119
107%
109
,
200
-
54
118%
53 Vs 7 53Va
American
200
i
10
30
2% Jan
Steel Foundries
American Stove Co
300
400
138
Jan
No par
100
—
American Stores.———
400
r
—
—
non-cum
.
22
Jan 22.
41 % Jari
—23
American Snuff
6%
3
3
24% Jan 24
conv
Amer
Jan
'Jan
.
11% Mar 27
par
Amer Smelting & Refg
3,300
20%
26
46
47
31
6%
8
21
par
10
33%
46%
31
115
Dec
23
3
111
May 22
31% July 10
104% May 25
130% Jan 26
...No
70
137%
*30
18%
Dec
Sep
2% Mar
36%
21%
28
9
100
preferred...—18.50
Safety Razor
No par
American Seating Co
Amer Ship Building Co—.—No par
200
137%
,*138
15%
107%
20
7% Jan
No par
preferred
$6
4
*
*107%
Dec
Feb
101%
5% July
70
American
3,700
.
163
20%
25
25
45%
138
118
Aug
20%
Jan
15 % Feb
Jan
Nov
15
Mar
43 V4 Jun
Jan
108
American Rolling Mill
780
250
43%
32%
2oy2
20%
140
177%
2
26
—No
/ $5 preferred
Am Rad & Stand San'y—
Preferred
300
171
163
r:
33%
32%
>
1,200
f
47%
47%
47%:
47%
170
23%
;
preferred———
6%
12,600
33
•
131 Vs
43y4 Jun 29
6 % Jun 16
;4a% Apr
—
20%
34%
45%
115% July
Feb
109% Jun 29
24
5
No par
News Co.—„
Amer Power & Light——.....No par
185
23
*24
27% July
Nov
108%
10%
38% Jan
American
160
16,200
15%
22%
20%
Jan
107
13
Jan
14
50
preferred
conv
Amer Metals Co Ltd.—
2,200
22%
32V4
Jun
42% July
Dec
99%
68%
23
26
91
No par
Amer Mach & Metais_.—.. —No par
2,800
60,400
23Va
*163
; k
Amer Mach & Fly Co.—.
20
<
„
69 %
22
44%
183 % Nov
27
96
American Locomotive
1% preferred
1,900
75%
.
22%
*22 Va
5%
100
74%
Wi
90
,
20
12,100,
7V4
*22 %
47%
95 Va July
Jan
Apr
24 y4 Jun
!
68
*
22
89%
217/a
'•
135
*182
47
7
7
68%
170
Mar
33%
21% Jun
15
;
133
46%
46%
6%
x21%
,
82
170%
May 28
Apr 25
3
Corp—.—.—No par
1
Co of 111
Amer Internat
•'} 500
27
X130
133
-
46%
7%
89 V4
Sep
July
22
2Vs Jan
American Invest
600
27
23
May
14
10% Jan
par
—100
preferred—
6% non-cum
n
400
12%
27
20%
8
27
—Nq
American Ice—.—.
6,100
12%
87%
12
133
-*
-28 Va
12%
*182
133
3
5
27%
12%
14 V4
Apr
9
6% Jan
t
12%
67%
126%
27
2
115
12%
74%
Oct
8
31% July 13
119V4 Apr 27
68% Jan
;
,
343/4
*114
28
6%
46
Jan
115 Va Jun
3% Jan
Jun
Jan
2
30 V4 Jan
19%
Jan
8
47
.
52
27
45%
Jan
Dec
23 Vs July
7%
25
American Home Products..—.....!
600
v'ZZs:5bo:>:
10
26%
.134%
;
45 Va
37%
55% Jun
American Hide & Leather—...
..1
6% conv preferred..——50
.
93/4 :/"9%:
*9%
114%
7
;
8
*92%
9%1
25%
.
72%- Dec
Jan
Dec
Apr
7
20
1,800
77%
33%
115
*114%
Closed
97/a i-
.
v
X9%
52
32%
.
96
*9%
10
*50Va
37%
—
8%
*94
9%
9%
10
Jan
18
May
17
195
American Hawaiian SS Co——.—10
—
60
Jun
104
800
52
16
31%
13% Jan
200
8%
40
135
preferred——No par
$7 2d preferred A
—No par
$6 preferred
No par
«,
28
21% Mar
105% Apr 26
$7
.
1,800
41
*51
77
500
•
100%
40%
7%
52
76
—
27%
xl00%
8%
American Export Lines Inc
_1
Amer & Foreign Power—i—No par
>
,
.
105
26%
—-
41%
,
14%
26
28%
lSVsJan
1st
100
1,600
82
25
47V4 Feb
5
.
42% Nov
110% July
21
20
13% Jan
10
'
7,800
6%
*103
6%
u
3,600
38
5Vs
110
112% Mar
preferred..
—.100
Amer Distilling Co stamped
20
American Encaustic Tiling
.1
Amer European Sees....
—No par
36Va
*37
4%
,
American Crystal Sugar.
Jan
Jan
Mar
Feb
Feb
80
20
Jan
.
27
Dec
34% May 25
8
Jan
96
American Chjcle.^..——i,.—No par
American Colortype Co
—.—10
50
*14
•
—
—
35%
39
Dee
4%
49
10% Aug
7
89% Feb 10
-No par
.-100
24%
Jan
1
2
32 V4 Apr
69% Jun
183% Jan
Apr
17%
126
2
Feb
105
•
July
•
95
*92%
'
—
109
6
28
*51
:
--
5»A
101
40%
x76%
V
'
*99
>51
y/Z
27
—
*
;
—
105%
105%
26%
100%
,
38
V
—
—
141%
5
105
105
F
*13%
5%
5
—'
61/4
39
14%
*37%
109
—
371/8
6
•:
8
Aug 17
24
130
500
22 y2
40% July
118
July
6V4 Jun 28
Mar 21
600
19%
i
109 '
35%
19%
22%
—
Apr
Apr
24
15% Aug
Am Chain Sc. Cable Inc.——No par
5% cony preferred.—.
..100
90
33 %
8
30
.
69% Jan 30
25
preferred
non-cum
103
Jan
100
American Car & Pdy
Jan
20% Jan
100
7%
6
x41
—
Dec
96 %
42% Jan
..1
600
10
No par
preferred
share
22%
Jan
125% May
Jan
28
Highest
$ per
14%
49% May
43% May 14
106% Aug 13
1
J
—
300
132%-..132%'
Corp
.Preferred——.
3,600
:
Bosch
Amer Cable & Radio Corp
American Can
170
29%
'
—
5%%
1,800
;
111%
.w
—
23V4
97
189
50
Jun
$ per share
15
102% Mar 26
31/8 Jan
1
Am Brake Shoe Co
31
113% Jan
...
American
-
6,300
29%
19%
22Va
109
11%
*110%
•
19Va
,
54'/a
--
116
132%
1091/2
19%
—
...
53'/a
.
22
-
900
.'4
>
1,100
5
97
29%
*1151/4
■;> 132%
77ya
17
44%
189
—
111
29%
1157/a
132%
•
111
2,300
11%
—
97
53% '54%
113
30
1,800
28
24
38 Va Jan
23
Year 1944
Lowest
$ per share
997/a Jan
Amer Agricultural Chemical-No par
American Airlines (new)—1.-5
American Bans Note———10
6% preferred—;
—50
64%
*132% 134
20 Va Jan
Amerada Petroleum Corp.—No par
600
;.
.
31
16%
—
—
.190%
*189"
53%
400
46
107%
44%
'
.
—
11%
97
189
Amalgam Leather Co Inc
6% conv preferred
1,300
63
.
--
—
134
111/4
97%
97
189
-
*1321/4
400
.100
5%
*76
45
*132%
<
2,200
27%
..
17
44
•
"r
30
30%
,
77%
*76
16%
43%
121
46
•
—
i.
Par
5,400
,
$ per share
Allied Stores Corp..
No par
5 % preferred——.
>.——100
Allls-Chalmers Mfg
w
—.No par
4% com preferred „—...——100
Alpha Portland Cem——No par
300
48%
107
311/4
'
100%
51/4
Range Since January 1
Lowest y; < >
Highest
Shares
4,500
29%
,
EXCHANGE
30%
Xl 19
^
NEW YORK STOCK
sharp
,
100%
47%
107%
31
3i
•
29
•
—;
—
471/2
*46
*105%
107
106%
—
Range for Previous
Sales for
the Week
Aug. 17
"in
oq
28 %
Monday, August 20, 1943
Feb
6%
Nov
Dec
Dec
July
"
*751/4
77
31%
51%
52
30%
30%
*108
31%
50%
110
50 y4
31
•
32
*108
40%
12%
12%
5Va
*5%
(V-J Bay)
75
31%
32
50
'
5%
69 Vz
*68
69%
:
2
36% Jun 26
No par
38 V* Jan
6
12.50
24% Jan
6
$4
20
preferred
109
.
400
Anderson, Clayton & Co
r
900
Andes
/ 5
200
69%
r
100
A P W Paper Co Inc
Archer Daniels Mldl'd—.—No
•:
83
29% Jan
Anaconda Wire & Cable...
5%
40%
■
60% Jan 23
Anchor Hock Glass Corp..
12%
12%
57/s
25
cony preferred-
Anaconda Copper Mining. —.50
80
•
110
40%
12%
;
$5 prior
.
600
50
110
41
*40%
100
j
10,000
32%
*31%
110
12%
5%
69%
Closed
32 y8
40%
*68
75
77
*75'/4
32 Va
.
21%
.
5
^
50
par
x56 V2
i
22
7Va Jun
8%
9%
113%
113 Va
-.
9 Vs
9
114
128
45%
45%
46%
13%
13%
*13 Va
13 Va
xl3%
87/a
114
114
*123
125
>
47 y4
9%
13,600
114%
*122
48
49
& Co
Armour
700
;
of Illinois
6% Jan
5
—
$6 conv prior preferred-—No par
126
1%
70
2,100
Armstrong Cork
Co
2
111 '
2'/a
*12%
26
26%
125
124
123
123
*122
49
87
107 Vs
13%
100
14%
'
Arnold
Art loom
1,400
13%
Constable
42 V4
...
——5
Corp
—No
49
26%
125
123%
*47
107%
108%
87
88
49%
*107
108%
87%
107
*26%
127
123
49%
>107
80%
66%
64%
34%
34%
*34%
107
67
X61
■
/
,
7%
30
200;
49%
108%
108
1,1096,700
• r
2d
preferred..
10
Jan
18
4%
Apr
15
74%
Jan
16
85
Jan
107%
119'
Jan
35%
Apr
46%
Jun
9%
Feb
12 Va July
Jan
20
113
Jan
3
111 '
Jan
4
'i%
Atch
5%
100
—No par
preferred
*73
78
*73
78
32 Va
31
32
110%
110%
*111
112
17 Va
17%
xl7
17
57
57
*56
57%
31
34
75
31%
112
34
200
.;■://
100
75
32%
4,500
*70%
*114
*24
13%
100
£
70%
25%
69%
703/4
*113%
115
114%
*24
13%
.
13 Vs
100
27
13 y8
>100% 101%
*56
70%
*113
preferred—
5%
17
1,700
Atlas
57
100
6%
*24
*13V8
*100
290
71
100
—
RR
—
preferred..
Refining
pref series A.,—100
non-cum
conv
13%
19%
19%
19%
19%
200
■
10
19%
7%
7%
7%
7%
7%
25%
26%
261/4
26%
26%
19
20
19
19%
17 Va
conv
500
Corp
Austin Nichols—
$5 prior A
Autocar
Jun
...—_
—No
par
Sep
Jan
83%
Dec
82
Jan
106 %
Dec
25%
Jan
55
25
Feb
38% Nov
76
101
.
114 V4 May 19
79% Jun
-
25
40% May
80
Feb
,
Co.
27
10,300
59%
24%
Jun
36% Feb
113 Va Jan
107%
Feb
147/a Jan
22
19% Jun
11%
Jan
17%
Dec
19
58
Jan
53%
Jan
57%
Oct
62
Jun
5
55% Feb
-
Jan
2
74
25
119
May 18
6
10% Jan
22
19i%
43,300
Jan
Baltimore & Ohio———
9
16% Jun 26
102
14% Jan
24
24% Aug
9
9
Apr
Oct
120% AUg
May
20
Dec
7
13% May
Apr
Dec
84 V* May
14%
3%
7
Va Jun 28
Jan
66
22
23% May
2
5V» Jan
Jun
114
14% May
25% Aug
2
5(1
112
32% May
Jan
52%
May 31
Jan
.13
Baldwin Loco Works v t C_
Dec
Nov
20
30 Vi July 27
..—3
—.:
(The)
108% Nov
Apr
74% Jan
110
77
.
Aviation
Corp of Del
45%
May
Jan
18% Jan
—
33
29
Dec
Dec
63 Va
Jun
60
15,300
>
113% Nov
113
preferred
Atlas Tack
101%
7%
<
5%
27
19 Va
Corp.»——...— -—..—-5
50
preferred..:
—:
Atlas Powder
'
Jan
103%
1
4%
85%
50
30
.
July 26
197/s
25
22
Atlantic
113
101
Jan
z
Jan
125
Z
Jan
90
108% Mar 23
33 Va Feb
20
Jun
12%
25
12
48 Va Jan
Line
Coast
13%
Jan
26
Jun
31
.100
Atlantic
112
114%
9
8%
May 21
29% Jun
127
1
Jan
106
Atl G & W I SS Lines—.——1
'
16%
Mar
15
9
6% July
Dec
76% Jan
...100
—
Topeka.& Santa Fe.
*
35%
45 /
Jun
49% Apr 24
2
■£.18
Jun
2
15% Jun
2
par
i
—
Assoc Investment Co
<
10,800
86 Vs
64%
Associated Dry Goods.
6%
1st preferred
130
123
107
65 V4
600
27
*125
Dec
4% Aug
57
Jan
10% Jun
1
July 27
11 Va Jan
—100
Corp
•
26%
123%
*107
14
*13%
14 %
Jan
42
Aug
1-132
Mar 27
'
14
28% Julv
117 Va Jun
,
102% Mar 27
-—.100
preferred
Dec
39
Jan
9% Jan
6
18
'
*120Vs
Dec
Jan
20
30
15% Mar
Mar 26
Dec
25
23
30
44% Apr
c
65
29%
24% Jan
July 12
35% Apr
112'A Apr
July 20
38% July 6
12 Va Aug 17
4% Jan
2
20
Copper Mining
Jun
Jan
15% Nov
6
Dec
B
301/4
31
30%
32
29
31%
7,200
4%
17
171/4
17%
181/4
16 %
17
1,400
Bangor
721%
721/2
*72
.
74
/
72%
/
331/2
33%
27
*26%
28
27
27
53
*521/4
53
52%
52%
XI8%
15%
421/4
42%
*108
10%
*37%
*113%
110
10%
40
119Va
19
.
18%
15 y2
14%
151/8
39
381/4
3 8 "Vs
42%
42%
1,500
;
*108
10%
*371/2
*113%
42%
43
110
*108
11
10
10%
40%
35
38
120
300
70
4,700
v
18%
15
39
18%
34%
39
19%
16%
39
33
10
•
32%
27
*521/4
—r-
*71
32
—1>
11,700
,
•
600
400
110
1.15% 115%
preferred—.
& Aroostook.
Conv 5% preferred
2.400
51/2 %
100
—....—50
30% Jun
18
6
11% Jan 22
19% Jan 31
12% Jan
23
31
Jun
4
26% Dec
Apr
5%
-13%
Dec
Jan
23%
Dec
9%
60
21
Jan
9%
28% Jun 26
44% Jun 22
Jan
Jan
> 14%
Dec
100
10
-No par
29 V4 Aug
7
79
July 13
44% May 16
21%
3
31
May
12
Jan
preferred—.—————50
50% Jan
9
54
Apr 30
>68% Dec
Apr
17% Jan
Barber Asphalt Corp
Barker Brothers
;
—-100
Barnsdall
Oil
■
Co—_——;
Bath Iron Works Corp
,—5
1
Bayuk Cigars Inc....———No par
Beatrice Creamery——..——23
$4.25 "preferred—No par
Beech Aircraft Corp———— ^..—1 '*
66
16% Jan
I
25
2
Feb
14% Aug 17
22% Mar
32% Jan
40
36
Jan
19
Beech
RR__—————50
35
100
Beech-Nut Packing Co—..i——20
114
Aug 17
Jan 20
110
■■
4
Jan
40V4 Jun
124
May 29
18% Mar
14% Aug
19%
Feb
34% Nov
Jan
38
Jun
111
31
14
6
Dec
July
14%" Sep
7
11
18
25%
26
15%,tun 28
23%
~
May 31
44%.Jun
23
106% July 3
9% Apr 25
100
Creek
Mar 27
105%
/
7% Jun
Dec
Dec
Oct
14% Dec
Jan
38
De'
111% Jun
121
Nov
31
,Volume 162
^'^•I
v' >
y
V'*'*
>'\
^
U *$■<«
'&•* fc<
"u>'(t
^i',-'"Ji'-.
-1.
j--ai?» &*v.Can*
"*
;u
V s'1 V^
> * t
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
NEW YORK STOCK
LOW
AND HIGH SALE
Monday
Aug. It
I per share
Tuesday
Aug. 18
Saturday !
Aug. 14
13%
$ per share
18%
T4%
14%
18%
16%
18
18%
18%
*1037/a
*103%
106%
:
106%
50
50%
50 %
24 %
24%
24%
54'/a
55%
*54%
55%
23%
23%
23'A
20%
20%
21
*23
20%
76%
78%
76%
139%
140%
138%
106
—
50%
:
20%
27%
27%
14%
15%
14%
15%
14%
'
*23
100;
\
"
112%
*109
20%
22%
20%
21%
19%
57%
*57%
58%
58
*105%
58%
39%
39%
6%
6%
6%
41%
41%
41%
40%
39%
22%
21%
21%
3%
52%
*51%
6V2
21%
52 Va
(
12
12%
12
12%: 7
12%
42%
42%
42 Va
,
49'
*42
50
50%
i 108
108*!
1,300
•
14%
26%
27%
14%
15%;>
15 %
15%
86 Va
87%
X86
16'/a
15%
16'A
28%
28%
28%
23%
23%
23
60
60.
24
24%
X24%
24%
24%
15%
9%
15%
15%
9'A
16%
16%
81
81
*80
*80
64%
*63
*63
18%
19
108%
*107
18%
*107
31
.
26%
31%
Bush
Bush
19%
4%%
100
-:
'
3%
177/a '
800
Butte
90
260
25%
300
17 31%
31%
1,000
preferred&
'
1%
1%
1%
1%
1%
6%
6%
25%
25'A
25%
*116%
47%
117%
- 34
*116%
117%
34%
15
35
'
*47'A
47%
15%
13%
55
■
55
34%
*34%-
24%
24%
25'A
26 Va
64
64 %
66
6%
38%
6%
6%
*160
163
64
50
163
64%
62
64
50 Va
50'A
106%
106%
105%
151%
151%;
150
150
16%
17
17
20%
20%
20%
22
22
22
6
7 6
.
22%
16
29%
30%
*29%
15
*14%
*22%
33%
.
10
•
15
30
30
15%:
33%
"•
1,200
34
—!
50
Jan
53%
7
14%
Jan
22 % July
July
Oct
Jan
49'A
Jan
'25%
Jan
14
Dec
Jan
129
Dec
Jan
Feb
<
!5
Jun
17
X88
2
116
Jan
125
26
5%, Jan
Aug 17
47%, Jan
18'AJun
26
Jan
Dec
Dec
12% July
Dec
77%
7% Apr
11%
Jun
Jan
22%
Dec
25% Jun
20
16%. Sep
20%
Dec
Jun
25
31
May
49%
Deo
25% Jun
1
Jan
15%
Jun
9%
Dec
30
6
;
17
Jun 16
68
'
"18% May 17
2
12 Va
27
4
Jan
July 13
54
Jan
43 %
Apr
87/a
Jan
15%
27/a
Apr
~3% July
12%
10% Jun
•
26
85
72'AJan
3
19% May '9
109% Jun 12
4<A Jun 19
6'
83
Dec
.70% Dec
Dec
Apr
17%
Deo
67 Va
Jan
96
Dec
20 >
27y4 Jun 23
Apr
25
Sep
Apr 18
24%
Jan
•56
Apr
17.
53%
Feb
2
Feb
23
%
Jan
>4
y
Feu
23
Mar 26
26
Jan
34
3
'
2d
2
6% Apr
20
10% Jan
48% Jan
38% Apr
23%
Feb
33%
Jan
2
57
.Jun
5
42%
Apr
51% July
5
15% Feb
20
6%
Feb
11%
55 % Mar. 1
43 %
Jan
97
Jan
23
Mar 26
21
39% Jun
Jan 22
Jan
104% May
127
Jan,
14% Jan
I8V2 Jan
20VsApr
4V4 Jan
109 Va Jan
10% Apr
25
Mar
10% Jan
4%%
100
—
No par
No par
_1
33
7
129
21V4
28 %
100
.
No par
—
130% May
2
32
152
Jan
>
30
35%
May
8%
2
28
.
,
447/a May
26
171
3
May
Jan
54 %
119
Jun
33 Va
Dec
18%
Oct
;v 22%
Dec
4
65
Jan
33
8
Apr
5%
27
44%
Apr
-
Jun
14
Oct
Mar
152 %
Jan
31%
5
Dec
39
143 % July
7
Jun
Dec
Dec
Dec
27%
25
153
;
12% JuJy
56 Va Nov
7
52% Apr
110
Dec
r'
69% Jun
15
Dec
47%
'
7% Juri 27
2
15
2
2,
5
5
2
16
13
26
22
28
-May. 1
74
1
Deo
54
40 Va
July
Jan
Jun
Jan
113
106
129% Nov
Dec
'7
11
21% Jun
13
17
Jan
19% July
24vb Jan
10
19
Nov
23
18% May
,
7% Jun
18
115% Feb
23
7
38
18
Jun 14
15%
Jan
4% July
114
Sep
Apr
15
Mar
20% Apr
7%. Jan
28% Nov
30%
Feb
37%
4%
Apr
9
Jun
May
17% Apr
.
134
Nov
23
Dec
31%
Dec
12%
'
12% Aug
,
i7
57
.164% Aug 17
Jan
8.
Mar 28;
3
25
Mar
39
7
Jun
Jun
July
Jan
.
8%
,
718 • July 13
38% Feb 23
24.
Jan
2%
107
20% Jun
.
Jan 24
Jan
Jun
7% Dec
21% July
118% Mar 17
Mar 26
35% Jan
1%
V
24
19% Jun 26
52
61
Aug
' 5V4 Jan
30% July
57 Nov
iApr
Jan
116% Jan
6
May
15% Jan
Aug 16
:
53
11
Co—!
preferred—100
'Foundry
Century Ribbon Mills
Cerro de Pasco Copper—
Products—
500
Jan
40 %
8 Va
1V4 Jan
Champion Pap & Fib Co-—No par
34 %
39
10
17%
53
20
6% prior preferred
Chain Belt Co
22%
44% Aug
39%
27% Jan
.
No par
_1
100
y]
12% July
Jan
23
105% July 26
3% Jan
2
No par
i—7—
37,500
34
Oct
Jan
27."
29 !
207
24
24
14% Jan
100
—
12'A
22%
Oct
26
47% Jan 22
164%
34
26
7% July
59'/a Jun
37 Va Jan
11%
23%
Dec
41% July
"
29% Apr
17% Jun
59V4Mar 27
No par
Certain-teed
200
2
No par
163%
11%
;;7j.::34
{
Jan
Jan
No par
Central Violeta Sugar Co
1.600
v
^
.
17
7V4Mar28
-100
fCent RR of New Jersey
300
15'A
*15
.
'
.
Oct
34%
Jan
2
78
—75
10
50
71
Tractor
Lt
>
July 26
20% Apr
"l37/s Jan
25
preferred
Central
15
,
44% May
47
Feb
55'AApr
108
Aug
32% May
"10
—
7Central 111
.
Jan
X50
3
18% Jan 22
47% Jan 24
100
Ry
Central Aguirre Assoc
3,200
6% t
111%
5%
n;.
iff
109% May
28% Jan
87/a
5
13% Jun
par
Co
Celotex Corp—
'
2,9007
May 29
53
,'_5
—_L——
Ohio
2d ^preferred
7%
.
190
,
77' 15 77
163%
*22 %
23 %
33%
<
22%
6%
30
34
163%
163%
20%
'
*110%
25%
11
11%
10%
*162
'
110%
34
34%
34
7
6% V7
6
15%
*14%
20%
22
20%
110%
*15'
111%
5,200
17%
17
17%
90
150
*148%
.
Feb
25
1st preferred
$4.75
" Deo
40%
A—1
class
Celanese- Corp of Amer—
400
136
6
preferred
Caterpillar
3,100
.
106'A
106%
106%
*110%
2,666
;
50
55% Sep
28
No
&
Clinch
(J I)
98
Jan
Oct
Jun
July 10!
20% Mar
By—!
—
Preferred
*160
50%
x63 %
62 %
--■7. 48%
Case
1,900
39%
38%
40
Apr
-
28
101 Va Feb
Carriers # General Corp
800
6%
6%
4%%
20Q
88%
46%
106
22
Carpenter Steel Co
Carrier Corp —._!
500.
67
Pacific
Mills
$3 preferred Al_
4,100
26%
25 %
*64
6%
39
39%
163
*160
35
;
35
35
34%
*60%
Aug 10
59% July 12
19
5
31
Jan 24
No par
113% Feb,- 8
100 '7
47
Jan
4
Co__
Administration
Carolina
50
-
Ry
Cannon
200
55
120
120
52%
6
No par
Ginger Ale—
Southern
Canadian
19% Nov
Jan
15
Copper
Capital
600
13%
Dry
Canada
100
20,100 7
300 '
15%
53%
*54'A
55
120
*119
-
Cons
Hecla
$4.25 preferred
220
,
*
I
14%
*13
Canada
1,900
-
49
53%
13%
*54%
'
:•
120
*118
Campbell.W & C Fdy
35 Va
Jun
45 ,!
45
1
Calumet
118%
12%
8
88 Va Aug 17
22]A Mar 26
Zinc-Lead
&
Dec
"
21"% Aug
10
No par
—50
preferred—
2.400
34 %
55'A
13%
7;:
54
13%
5%
3,900
117%
15%
*53'A
15%
,
54
Callahan
4,500
6%
*48
50
,
Packing—
25%
25
35 Va
7;
California
1%
6%
6%
!
6%
25
.
10
55
55
57
*55
57
*55
(V-J Day)
Dec
20
77:;7J:;:'
C
Closed
22%
109
27
100
No par
—
Jan
29% Jun
No par
(A M)
Participating preferred
Byron Jackson Co
16
14% Mar
93% Mar
61% Mar
2-
22% Jan
5
;
21
14
24
120
Jan 22
10 Va Jan
2
74% Jan, 2
100
—
Zinc
Jun
26
23% May 29
111% Jun
Jan
10
—
Dec
Jan
Bldg'7% preferred—100
Copper
Byers Co
1,600;
;
88%
25%
.
Term
15
Jan
—100
—
Butler Bros
1,900
107%
-
preferred
Jan
26
3%
,_1
Terminal————
6%
20.
;
.
65
.
16%
17%
91%
31%
30%
17%
26%
'
7%
16% Jun
Dec
Jan 25
123AMar27
Mills" Corp——
_1
Burroughs Adding Mach_—NO par
9'/4
3%
*25%
17%
93
26
5.500
-
Aug
12%
par
1,700
v;'.
25 Va
37% Mar 27
40% Mar 27
Burlington
2,900
81
107%
91%
17%
92 %
,
Jan
37%
par
No
Bulova Watch
'
Oct
16%
2
par
No
51%
29% July 16
66% Julv
130
8
106
21
r45
23%
.
par
No
Feb
Mar
26% July
52 - July
Forge Co—1
—
Jan
Feb
37%
10% Mar 27
NO par
No par
—
Bullard Co
17
18%,
3%
Buffalo
400 ,*
25 Va
9
*3%
3%
3%
—
300
23%
59
*58
*58
.
5,400
27
►
56 %
115%
1
61% May
34 J/a
^"-5
:
20V4 July
Jan
44% May 8
10% Jun 18
5% Apr
\
100
$5 preferred —7
Budd Wheel
500
Jan
15%
2
39% Aug 17
47
No par
No
Dec
56%
5
49% Jan
—
Dec
; 20%
19
Jun
146
42% Jan 24
17% Mar 9
——100,
No par
—
Co—
preferred—
Budd (E G) Mfg—
13,200 ."
'
';
16%;
X27
23%
'
.
88
16 Va
16
*28
Co—
Bucyrus-Erie
Feb
49%
Jan
5
'
—
7%
15%.
15
87%
9%
Co_
Bruns-Balke-Collender
900
1.500 /
;
•
125
*123
125
15%
*63
Brown Shoe
55
27 Vi
14%
*58
Bristol-Myers
800
15%
*123
Maine RR
7C\3%% preferred—
Brooklyn-Union Gas.——1
300!
;
27%;
*53%
'
Jan
36 Va Apr -
*.—75
(assented).100
—
Briggs. & Stratton—..w-7-No par
300
?
27
86%
>23%
3.400
300
108
15
125.
*123
55
July
15%
33% Apr
lo
Corp
Bearing Co
5
Inc—
2.50
Brewing Corp. of America
15
Bridgeport Brass" Co
No par
Briggs Manufacturing
—No par
5,200
>.
100
—:
(The)_
Bower Roller
v.*.
26'A.
26%
14%
26%
13
vi
53% Nov
82% July 12
2
52% Apr
3
24% July 20
114
Jan
3
Braniff, Airways
3,200
"
51
'
108
27%
*54
55%
*54
Boston &
.
400
'
t
preferred
Co
95
par
—No par
_1 7
(new)
~
108% '
27%
i
*50
50
*108
1
27%
27%
,
4%%
Borg-Warner
No
A——
;
Inc.
Borden
42%
42
42%
:
100
Biass:
class
Stores
1.800
t
43
AO
Co
Ami
Class B
Bond
2,200
'
21% Jun
23
Jan
2
13 Va Jan 22
20'A Jan 26
18% Jan 23
xl08%Mar26
par
5
56% Jun
5
x28% May ' 7
23
Bon
1,200
12%
42%
'50%
Jan
17
1
May
25
2
Jan
17% Apr
i
41%
,
Jan
Jan
49% Jan
1
48%
52%
*51%;
•
65
48
100
;
r
*51%
46
22
Highest
S per share
2
Jun
55% Mar
22
127
5
-
41%
*46 Va
49
46
Jan
(Del)——.No par
.,'
X21
6%
*47
,
17
3
-
39%
41%
.—17
Co——
138
39%
Steel
~7
12
54
July 5
22% July 26
&
)'•
27%
*128
138
39%
1944
Jan
Apr
33%
2
5 7
21% Jun;
103
6
19% Jan
•
Boeing Airplane
58%,
27%
27
—!
Poods
47% Jan
v;
7
Bohn Aluminum
106
*58
58%
27
*126%
130
130.
.
•
10%
10%
13
24% July
7
July 17
200
.
*105'/a
106
*58
27%
27%
Aug
•22,500
58
*105%: 105%
/
21%
57%
*58
16% Jun
2
7
105
_fl
Aviation-
Bloomlngdale Brothers—No
Blumenthal & Co preferred
150
22%
*21%
21%
114
*110
114
—100
Black & Decker Mfg Co—No par
Blaw-Knox Co—
—No par
Bliss & Laughlin Inc—;
_5
500
5,700
24
24
23%
21%
22%
/
preferred——
Bethlehem
600
15%
,
Year
$ per share
$ per share
15
12% May
'
7% preferred—!
100
Blgelow-Sanf Carp Inc___—No par
9,300
-
27%
23%.
Best
62
27%
*22%
4%%
Indus Loan—_No par
Fr pfd $2.50 div series'38_No par
Best & Co—.—„—„7
_1
5,500
140
*59
27%
,*21
12 Va Jan
18
i
—10
Co.
Beneiiclai
.'
ww*.
100
■;
.
78%
77%
*138%
27%
*110
$ per share
No par
Corp
Howell
«enaix
1,200
,
26%:
20
60
rtircian
&
X
-'
4,700
24
f
55
77 %
Ben
Bell
'
600
■
*23ya
.
Par
■
Lowest
Highest
'
*54
139
*59
61
*59
•24x
7^ 7 7 77\''
Lowest
Belding-Heminway
500
1-5,700
1
18%
49%
50%-
24
9
7
Range for Preylons
Range Since January 1
EXCHANGE
Shares
f per share
$ per share
14%
Xl8%
.-7••
STOCKS
NEW YORK STOCK
:]■:
the Week
Aug. 17
Aug. 16
for
Sales
Friday
Thursday
18
18%
-<■105
Aug. is
14
13%
18%
18
Wednesday
t per share
S per share
:
RECORD
PRICES
7
23
16
Jan
Deo
Jan
"
56%
55
56
*54
*15%
50%
50 Va
8%
7%
7%
16
*15%
19%
777
20%
20%
8%
8
26%
37%
26
39
J
8
;
27
:
38%
.
20%
vf7 7%
25%
26 %
38%
36 Va
38%
62%
7760%
62 %
'
63%
61%
22%
22%
24%
25
25
52
52
78
:
•
53'A
57%
?
100
20
*16%
167/a
I6V2
16%
100
Chickasha
6%
600
tChilds Co
v
'
50%
51%
38 Va
37
37
37
7
51%
53
21 %
21%
21 %
-71 37%
410
<
City Ice & Fuel—
City Investing Co
500
-r
C
38%
r
7
7,000
300
,
50
50
par
100
—5
-
*52%
■
v:
ii
53%
'
11%
*102
54%
105
•
111%
48%
*175
190
100
*99
112 :
48%
Va
*98 %
99
%
*56%
59
36%
42 %
*148
141%
*64
34%
42
28
40
*111
7;
48%
107
98%
*56 Va
98%
98%
*56%
•
37%
43%
43%
*141%" 141%
*64
34%
*32
33 %
70
Clev Graph
5%
Clev & Pitts
Special
59
1,400
Cluett
300
64
64
70
36
1,000
>1000
35%
35%
44
*42%
111%
26'A
27'A
40
39
39
73
33
32% » "32%
28%
*31
33%
795.
I
700
43
111%
7. 33
Bronze Co
RR
gtd
Co
4%
7
■
20
900
70
340
7%
Peabody &-Co
Coca-Cola
Class
—
(The)
5%
conv
Colo Fuel
Colorado
& Iron
&
Corp—
Southern—..
4%
non-cum
*7 4%
non-cum
21% July
38% J^n
49 l/a
Nov
47
Jan
57
Nov
19% Jun
8
13
Jan
18% Feb
23
19% July
17 Va Jun
8% Feb
19
36% Jan
18
15% Jan
par
10
par
-
.3 7
16
Jan
4%
29%
91%
.42 %
20%
31
.98
9%
49
Jan
2
Jan
2
-
4
\ 14% May
1% Jan
24
40%
231/4 Jan
15
14%
Jan
2
43% Jan
18
25% Nov
Jun
19
53% Jun 21"
Jan,
Jan
2
■
20'
89
Jan
26'
Jan
2
22
July 10'
105
13% May 18;
60,
95
Mar #1
37%
Jan
30
96
Aug
2
;6
35% Jan
5
44%'Apr 27
100
No par
——100
151
Aug
Jan
28% Jan
25% Jan
2
2
53%
52% Mar
30% May
34%
145,
May 31
142
111
3
-
Apr
!
Oct
38% Mar
"
39% July
Feb
152
Feb
146% July
July
59 % July
67%
Jun
28
23%
33*%
Dec
16
9
Apr
38
Sep
Jan
109%
Feb
116
Dec
32% Jun
19
14%
Apr
26 %
Dec
65
22";
———
34% Jan
2
llOVa Jun
6
23% Jan 23
28
Jan 23
Jun
109
40% Mar
2
45 %
Apr
Jun
Jun
Jan
Jun
•57% July
2
90
115%
Mar
2~
62% Jan
:185
(Dec
92
3;
17
31.Va Feb
Jan
51
106
34 V4 Jan
—
,
16
53% Jan
par.
Feb
Jan
93% Jan
9
May-Si
Oct
Jan
Nov
Jun
Dec
96%
10Va
76
100 ;
31%
Jan
148
par
Apr
!
Nov
110
110% Apr
25 % July
.
6%
19
Apr
Jun
35%
\
105
May 15
: 114% Feb 27
54% May 14
186
Oct
July
50 Va July
'
170
130
98 Va
Feb
2
109% Jan
140
30
Feb
2:
2
par
6%
May
77%
Jan
Jan
Feb
44
.
Jan,
27 i
107
7
117% May 29
Jan 24
Jan
,
100.
No
65% July
Dec
i6
preferred—100
2nd preferred —100
1st
21%
Jan
19
No par
preferred
Feb
16%
54% Apr
Coca-Cola International Corp No par
Oolgate-Palmolive-Peet.
No par
Collins & Alkman
43%
15%
Sep
24% May 29
58% Apr
No par
No
25% Mar
30% Nov
"
27% Mar
.
50
—
Co
A
Apr
7% Mar
Jan
*
'
*
50
No
Jan
18
18% Mar
3
1
gtd
4%
.
21 Va
Dec
9Va Mar
Jan
4
100
stock
11%
Jan
100
Molybdenum
50%
,
Jan
No par
(The)
Jun 18
22 1 "26
.12% Jun 18
22
'34%Jun i8
22
22 .7 49% Jun 26
70% Jun 26
22
Feb
44
Apr
>5% Sep
2
18
54
ino
Preferred
149%
142
Co
—
preferred
43%
113
7 *31%
10
preferred
Clev El Ilium $4.5Q pfd
Climax
43%
28%
34%
400
98%
*39
28
40
*33-%
For footnotes See page
35%
-
49%
C. C. & St. Louis Ry.
5%
30
1,500
*111%
42%
113
C.
7
11
.2
46% July
14 Va Dec
49
10Q
5
No
12% Jun
277/8 Jan
par
No pat
Equipment
37
141%
64 Va
<*1000
Clark
! 54% Mar
^2
par
——No par
No par
preferred
17% Jun
,
Mar 26
Jan
Jun
19 % Jan 22.19% Jan.. 2
23
3
Stores
37
*148
149%
*148
141%
City
43%
7
43%
149%
700
108
*107
37
65
111%
49%
48%
,
55
100
*111
112
5%%
C
200
*97
107
59
54%
*175
77
36%
*1000
*111%
7
100
107
*107
11%
*11
54%
190
*175
105
*102
11'/a
68
par
*
105
11
3 '7
5
Mar 27.
Jan
Jan
25 V4 Jan
54% Jan
.
No par
i
6,800
113%
'
*21%
Oil
Chile Copper Co
Chryslc Corp
C I T Financial Corp-^-,
10
32
*30
Xlll
21%
*102
■
112-
50%
21%
-*99
*6%
.
'
32
110
HI
>7 50
:.a;
6%
*30
31
109
,
6%
6%
6%
31
Cotton
47%
6Vb
115 %
5%
*24
40
preferred—
—!
Chicago & Northwest'n w i„No
5% preferred w 1——
Chicago Mail Order Gd_!
Chicago Pneumat Tool—No
$3 conv preferred
No
Pr pf ($2.50) cum div—No
Chicago Yellow Cab
—
No
8,200 >"
•
5
25
Chicago Great West RR Co—
16,300
41
Jan
14 Va Jari
-
No par
5%
800
*50Va
17
,
600,
*57'A
18 Va
i,
3,900
25% f.
57%
*17. :-'•
Mfg_
Chesapeake 'Corp of Va._
Chesapeake & Ohio Ry_
Chic & East 111 RR Co„
Class A
1
3,600
22% 7
53%
*16%
.:■ /
17
:
1
-
57'A
18%
*16'%
22%
724%
■
*50%
•
2,500
C
24%
•
15
Cab
Checker
3.200
7:
21%
57%
10,000
50% 7
'
16%
:
7% i 8%
19 Va
20 77
8%
21%
*16%
15 %
49%
*
t:77
57
26%
61%
*57%
500
56%
■
50%
7%
(V-J Day)
16%
49%
: Closed
36% Jun
45% Jun
115
>
25%
Jan
50 %Jun
19
11%
Jan
29 Va
Dec
46% Jun
20
12%
Jan
30
Dec
20
13
Jan
27%
Ipec
46% Jun
r
I
11
i'vv..'
Ai"'-4
^*1
«<
.
Monday, August 20, 1945
& FINANCIAL CHRONICLE
THE COMMERCIAL
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
LOW
Monday
Sntnrday
Aug. 11
Aug. 18
'37
t per
share
104%
102
109%
109%
110%
21%
21%
105%
103
•
22%
43%
44%
105 %
*105%
105%
15%
16%
16%
46%
16%
1%
1%
106%
1%
1%
106%
106%
105%
*105%
30%
30%
38%
38%
38%
29%
29%
29 %
30%
34%
34%
35
35
*104
/
4
108
108
4%
*34 y4
35
104%
300
4%
10,000
104
3%
29%
107 y2
*4%
4%
29%
29'/a
11%
11%
36
36
1,200
19
20%
9,200
28%
1800
19'/a > 19%
1,400
29%
28%
29%
11%
11%
Xll%
11%
36
36
36
36
19%
20%
19%
207/'B
28%
28%
28%
19%
20
20
20%
S; 21
112
112%
112
28
28%
27%
9%
9%
X28
28%
19%
20%
9%
99%
'-45%
3,700
*l081/8
108%
99%
45
12
12
12%
12%
12%
49%
50
50 %
51
10%
10%
10%
11%
30
30%
30%
30%
30 Ve
31
34%
*33%
34%
33%
33%
18%
*17%
f 18%
*33%
*17%
11%
10%
Continental
100
16
2,100
52%
52%
52%
,10
17%
1SV4
55%
1,000
30%
1,500
*51%
52%
17%
17%
55%
55%
30%
31
30%
30"%
102%
*102%
55%
30%
'
62%
62
189
62
62
189%
189
$
•/
'
7%
3%
8
8
.
4
33
if
32%
26%
39%
38%
39%
40%
42
42
22%
.
22%
23
103
850
41
47%
40%
41%
41%
95%
951/2
*95%
96
26V4
261/4
26%
27
30
18%
150
*i45y2
150
291/2
30
36%
36%
107%
34%
71%
6/a
70%
70%
5%
/// 5%
preferred
Prior preferred
Curtiss-Wright ——
'.-••V-r,;.!. '•
125
■■
28
27%
—1
1
A
Class
pfd
100
a—.No par
Cushman's Sons Inc 7%
'■
Cutler-Hammer Inc—
500
■
No par
—
4,600
19%
19%
.
No par
$7
33.300
*115
28
27%
27Vb
100
preferred
Drug Stores Inc—2.50
Curtis Pub Co (The)
No par
300
/
5
Inc
Press
4% %
20
5%
-100
30
Packing Co
Cunningham
19,100
70%
70%
,
"
125
*118
125
26%
,
20
19%
20%
20
*118
6
16
*134
Cuneo
50
136
15 y2
16
134
*70%
34%
34%
,
:
-
133
200
100
100
10
Sugar
preferred
Cudahy
300
105
34%
15
134
15%
14%
7%
300
36% ,37'/2
105i/2
36%
*105%
34
*33%
133
Cuban-American
1,200
19
1071/2
*36
290
26%
30
*1.45%
30
*29%
*105%
96
19
?£ 19
19%
150
preferred—.-——-No
Crucible Steel of Amer—_No
5%
preferred
Cuba RR 6% preferred
100
26 %
No par
5
par
par
—
Zelierbaoh Corp
$5 conv
5,100
41%
*95
,/
<
18%
Crown
4,300
102%
23
preferred
$2.25
471/4
*47
103%
22
:
Jan
Jan
Jan
Aug
Jan
Jan
Mar
Mar
Jan
29% Apr
July
28
Jan
9
Mar
122% Apr
59% Jan
105
10
2
31
26
Dec
29%
Nov
Dec
Feb
Jan
29 %
Dec
Jan
31
Dec
95%
Jun
103
Dec
3%
Feb
21%
Feb
102%
Jan
108%
Oct
2%
Jan
6%
Jun
16%
Jan
7%
Jan
4% July
1
6
*
25%
Oct
30% Nov
13% July
24
Oct
20%
Dec
Jan
2-5%
Dec
12
15
21
23
32%
Jan
18%
28
28
Jan
11%
Aug
,
,
24
Dec
14%
Jun
24
Dec
102 Va
Jan
112
Nov
Feb
20
29%
10
Jun
43%
Feb
32%
Dec
Mar
10
7% Oct
13% Mar
May
41%
Jun
49 Va
Dec
5%
Jan
9%
Dec
26%
Sep
33 %
Jan
24% Apr
12% Aug
38% Feb
31%
Dec
10%
47
19 % July
Dec
48
13% July
Jan
52
Mar
July
15% Jan
25% July
44 Va
57
Dec
61%
Oct
Jan
52%
Apr
173%
Apr
184% July
5
Jan
7% July
9% Jun 25
5 May 28
12
32
Dec
39
Aug
49% Aug
Jan
15%
Jun
22%
Feb
Jan
Dec
Dec
105
37 %
Nov
89 Va
Dec
Dec
20%
Jan
29%
11%
Feb
19'/o
112
29% Mar
Jan
22 %
30%
Jan
101
Aui
11%
5% Aug
140
Apr
41
Dec
109 Va Nov
Jan
97
Dec
Dec
144
Jan
22%
:24
Jun 28
123% Feb 21
30% May 7
12% Jan
25% July
Jan
97%
140 Jun 26
72
Aug 10
7% Jun 28
2
7
6
Jan
45
108% Jan 19
38
May 18
16% Jun 26
18% Jan
120
Mar
25% Apr
27%
27% Feb
7
7
29
1
26
28
18
x22% Jun 14
147
Jun 7
34% Jum 5
37% Aug 17
Feb
18%
46% Mar
51% Mar
25% May
105
Feb
49% Jun
103
Jun
34% Jun
Jan
20
1
5
6
16
5% Jan 22
6,./ Aug
1%
18%
Jun 14
41
6
18
22
13
2
2
27
26
23
25% Jan 2
37
47
20%
102%
35%
87%
25%
16
145%
95%
Jan
8%
68% May 10
195% Apr 3
28% Mar 26
Jan
20%
21
34% Jun
28Va Mar
1% July
21%
35% May 21
105% Jun 5
5
2
Jan
24
Oct
Jun
18%
Feb
26
22 y2 Jan 12
60
Jun 26
2
2
Jun
24%
53% Jun 28
2
4
58'A Jan
*182 % Jan
Dec
43%
79
53 Jun 25
16% May 29
■
2
49% Jan 16
25% Jan
25
2
-
(The)
2
5
6
Jan
3% Jan
Crosley Corp (The)—
-..No par
Crown Cork & Seal——-No par
600
•
.
—
Wheat Corp
Cream of
6,200
39'/4
V' 41,
103
22%
103
*1451%
300
Jan
47% Feb
12 Va Jan
16
101% Aug 6
....
1
Corp———1
Co—
Crane
12,300
41
47%
*47
47%
*47
102%
341/4
26%
39
39%
40%
1,300
26%
26%
—
Coty Inc
Coty Internat
700
8
f V.4/-I
33%
33%
27
32%
Preferred
160
-
5
100
Refining
25
————100
Products
Corn
1,600
62 %
189
188%
'
3% %
2
49%
Apr
%
Dec
108
-
Feb
14%
14
58
May 8
12% Jun 25
36
Mar 1
37
Mar 7
22
Jun 26
6
3
2
July 27.
;
Dec
23
Jan
;
Feb
98%
Jan
37%
5;
Jun 22
16% Aug 9
52 % Mar 27
30
Jun 30
Glass Works
preferred
Corning
10
Bank
Exch
1
20
Electric Corp
Trust Co
Cornell-Dubilier
Corn
130
1.03
*102%
102%
102%
61%
189 %
No par
prior/preferred--—~~~No par w
5
50
$3
Copperweld Steel Co
Conv pref 5%
series
39%
Dec
93
-
Apr
105
47% May 5
Apr
29% Jan
No par
16%
Jun 13
27
21
16
26
July 11
Jun 26
Jun 16
May 5
Jun 28
Mar 10
Jun 19
Jun 25
May 23
Feb 2
97%
■
Feb
-
Deo
5% Mar
Feb
84
109% Jun
Jan
Jan
Jan
70
30% Jun 4
11% Jun 13
100 Aug 9
106% July 18
10%
46
8%
29%
Cooper-Bessemer Corp
18%
51
15%
11%
of Del
Oil
y
—10
,1
5
Motors
Continental Steel Corp—
300
15%
56
27
3,000
15%
55
8
Continental
*17%
17%
*51%
—20
—..No pat
Diamond Fibre
.—5
Continental Insurance
/ 900/
16,700
15%
15%
.
'/;• ■
*49%
50
50
50%
50
•/
6
5
93% July 30
37V2 Jan 2
No par
......
_
preferred
Continental
500
12%.
49%
No par
Inc———....
Can
Continental
;
$3.75
49%
;
$5.50 preferred
400
45
108%
*107%
109
Continental Baking Co
19
3
24
2
26
20
24
26y8Apr
8% Jan
20
of America
Container Corp
2,600
9%
9%:
9%
76
Dec
35%
'
3% Nov
Jun
Apr
Feb
Jun
14y4 Mar
40. Jun
26
Jun
29% Jun
26% Jun
26% Jun
115
Feb
July
Jan
Jan
Jan
Mar
Jan
Jan
11%
31%
17%
25%
18%
18%
108%
35%
Jan
33'A Jun 14
27% July 27
No par
5
—.
1,400
29
28%
iV-J Day)
100
44
45
44
'
*99
K
100
100
*107%
Closed
28%
330
112%
112%
:
112
6'A
-15
Consolidated Vultee Aircraft
1
$1.25 conv pfd
S
No.par
Consol RR of Cuba 6% pfd
100
Consolidation Coal Co
25
Consumers Pow $4.50 pfd—No par.
500
21
21
21%
.
109%
4y2Apr 24
Corp
Natural Gas
Consolidated
38
2
xl0Cy2 Mai- 28
—5
Laundries
Consol
300
29% Jan
1
preferred
$2 partlc
1,300
-
33%
104 Va
5y4
32%
Consol Film
200
4%
26 % Mar 31
—No par
No par
N Y
preferred
Industries
$5
600
:
-'
Edison of
Consol
51 '
47%
108V2
18%
1%
109%
31%
39%
t per share
Jan
•
Jun 13
25% Jun 14
101
Jan
2
3% Mar 23
24% Jan
2
Corp
Consol Copperrames
6,700
30%
107%
108
"
140
*4%
4%
28%
4,300
30%
29%
30%
30
107%
900
40
30 y8
4%
4
4%
1,700
7,000
29%
39
Jan
2
304
July 30
15y2Mar26
14 Jan
2
89
Jan 24
28% Jan
2
22
Jan 12
No par
Commonwealth it Southern—No par
$6 preferred series
No par
Commonwealth Edison Co
23
Conde Nast Pub Inc
No par
Congoleum-Nairn Inc
No par
Consolidated Cigar
No par
$4.75 preferred
No par
36,900
30%
preferred
conv
26%
125
47% Jan 24
Commercial Solvents
2,400
107
*38
104,%
104%
104%
v.
1%
1%
30'/a
30%
38
4%%
16%
95J/4Jan
9
21
Jan 15
10 y
100
Credit——
Commercial
2,700
105%
15%
106'/2
30%
,
700
50%
46
45%.
*105y8
300
23
*50
50%
45
;
Ilighsst
25%
May 31
July 17
•'
1944
t per share
40% Jun 26
40% Jun 26
8% July 12
107
104
..Year
Lowest
$ per share
90'A Jan 2
84
Jan 27
o
100
noy4
99
99
1,100
101%
110%
Class B
28,100
;•
105%
ioiy2
110%
°49%
50%
300
7%
6%
105%
102
"49
37 Vs
37
$ per share
31 ''"Mar 26
31
Mar 27
4% Jan
2
cl A—-2.50
2.50
Columbia Gas & Elec——No par
6% preferred series A
100
5% preferred—<
100
Columbian Carbon Co
No par
Columbia Pictures
No par
$2.75 preferred
No par
Columbia Br'd Sys Inc
1,500
"'■y'-'-'y
Range Since January 1
Lowest
Highest
.
Per
37%
.
1
EXCHANGE
Sharee
share
36%
,
105 %
105
*101%
the Week
STOCK
YORK
NEW
gales lor
Aug. 17
Aug. 16
$ per
37
7%.
7
7%;
7
share
Friday-
Thursday
37
*36%
36%
36%
>■■
36%
37
S per
share
f per
s per share
;
$ per shard
AND HIGH BALK PRICKS
Wednesday
Tuesday
Aug. 15
Aug. 14
Apr
July
61%
Dec
4%
Jun
7% Nov
14%
Jun
19y4 Nov
127
114% May
21%
28%
Apr
Nov
Dec
D
17
,
•
40
V:
36%
22%
22%
41%
.
41%
42
36%
*36
23%
*22%
42%
.
43
42
11%
10%
22%
22%
40%
11
22%
22%
*70
77
33%
33%
44
44
*42%
22
22
22%
-?
52%
53%
53
*105%
105%
108
V
47
47
*46%
22%
23%
24
24
81%
83%
82%
82%
112%
112%
28%
28%
17%
/
20%
*20%
163%
162
28%
18
17%
20%
,
112%
164
■
•
28%
•
20%
165%
127
*126
127
114
114
114
50
'
114
Jan
41 %
Oct
33% Apr ; 6
38 Va Jan
3
28%
Jun
35%
Dec
4
46% Jun
28
42
Sep
16% Jan
2
26% May
par
38
Jan
22
60
105
Jan
No par
No par
Match
23
.2
preferred
Ltd
preferred
Cup
Class
No
-
No
Co
par
Dunhlll
100
126
*114%
Du
P
17% July
Feb
38%
Mar
9
95 V
Jun
6
15%
Mar 20
49
Feb
1
433/4
Jan
22% Jan2
Mar 26
65
247/a May
4
26% Feb 23
953/4 Jun 18
4
143
110% Jan
2
114% Jan
6
33% Jun
50c
—1
*12
Apr
Mar 21
20% Aug 13
Jan
(EI)
126
100
114%
280
Duquesne Light 5%
Jan
2
No par
Nemours
125% Jan
9
172% May
129
Feb
100
113% Aug
1
117
20
& Co
$4.50 preferred
1st pfd
"-/
21 %
155
Mar
May
47
May
;/
Dec
Sep
49
Nov
273/a July
72% Nov
Apr
131
Jan
Jan
113
Aug
V; •V'i'ab'-w
—
14% Nov
8%
Apr
11%
Feb
20%
Dec
Feb
162%
Jun
123%
Jun
128%
Dec
113
.5
Dec
1203/4
Jan
137
1
6
4*
Dec
203/4
106 3%
19% July 16
25
Apr
1143/4
25
27
May
•
—
9
17
No par
f 105
Jan
No par
-
\
Jan
122% Jan
International
de
13%
x27%
29
2
Oct
5
109
Jan
Dec
26
No par
Duplan Corp
2,600
Jun
38% Mar
25
18
Industries
Dresser
400
July 11
17% Mar 26
,47
series A
$4 preferred
5,100
164%
162%
Jan
40% Jan
5
Corp
Dow Chemical Co
200
rr
7,%
No par
A
No par
300
9% Mar
29%
.No par
29%
27
9
Dome Mines Ltd
20%
25.
23% Jun
65
Douglas Aircraft
18%
16-% Jun
2
21%
1.300
18
Mar 29
Oct
Dec
Feb
2,800
28%
373/s
Jan
23%
*20
Jan
Jan
82%
113
17%
5%
80%
136
18
100
Raynolds A
Doehler-Jarvls
1,800
22%
57% Jun
34% Jan
36%
18%
23%
*112%
112%
18
47%
22 3A July
59 % Aug
Corp-Seagr's
Jun
45%
74
5%
Oct
Apr
Apr
31
Dixie
41%
Jan
23
ioo
5
Jan
17%
Jan
Distil
2,100
-/
300
*134%
135
*126
C./
-v
26%
22
22%
21%
23
135
:
*46%
47%
135
52%
107
Apr
21%
52
50
& Western
Diamond T Motor Car Co
700
Oct
113 %
36%
Jan
200
.
22
26%
27
134%
44
16 %
Dec
32%
67
partlc
Jun
5
47% May
36
8%
13%
109 %
19
,
21
Diamond
8
26% Feb
19
100
May
13% Nov
«% Jan
5
15
38% Mar 26
24
Devoe &
500
♦105%
*26%
22%
33%
Jan
35% Jan
20
Detroit Hillsdale & S W RR Co—100
50
33%
33
Jun
Detroit Edison
""760
52%
53
105%
27%
,v'
Lack
9
48
22% July 20
& Hudson
Delaware
3,200
57%
22
22%
27
«
71
Delaware
19% Feb
113
39% Mar 29
Deisel-Wemmer-Gllbert
19% Jun
8
10
-
4,800
11
22%
*43%
44
1
16% Jan^
108% Aug 10
No par
——20
Co
&
Preferred
12.S00
42%
X57%
34
34
>:
Deere
___
500
71
77
,; :
24
10
59
58%
,
22%
•
57%
57%
4,300
36%
pfd
Inc
Decca Records
200
43
40
10%
*70
40
*39%
40
*36
-8
—1
100
(The)
Dayton Pow Si Lt 4%%
10
110%
*107%
Davison
900
17%
17
110%
Davega Stores Corp—
Chemical Corp
17
*15%
(V-J Day)
&
23%
41%
*36
17
41%
40
41%
■
110%
110%
*109
n
Closed
17
*15%
17
*15%
.,
' :y
.
E
16%
62
20%
.
20%
62 %
1,800
*19%
20%
200
Eastern Stainless Steel Corp.
800
Eastman Kodak
20%
20%
175%
175
175
195
*193
195
*192
56
56
56
55%
27 y8
27
24%
27 y8
24%
-25
107 %
*107
*107
27%
25%
107%
8%
8%
8%
55
55%
55%
57 y8
15%
15%
5y2
15
8%
5%
176
6%
194%
26%
24%
27
1,600
4.200
Electric
12%
11%
5%
12%
*125
123%
125
122
116
117
117
116%
116%
200
*115
44
45
45%
l.ioo
38%
*37
39%
23%
23%
22
22%
72%
24%
*105
*72%
72%
*105
105
24%
24%
108
/
105%
72%
105%
105%
106%
*105
106%
*107
111
*107
111
For footnotes see
page
795.
$6
No par
700
3,000
Emerson
1,000
Emerson
Radio
Endicott
Johnson
723/8
200
50
25%
*105
105%
9,700
108
4%
10
$5 preferred
104
105
60
$5 % preferred—,
106
107
30
$6
prefoned
Dec
178
Dec
157
2
175
Jan
195
Sep
Jan
52
Dec
Dec
Jan
22
61.'
May
7
21% Jan
15
31
Mav
9
163/4 May
24%
1
8%
Dec
15%
57% Aug 17
37%
Jan
453/4 Aug
18% July 10
10
Apr
15%
49
8% May
42% Jan
14
3
20
Jan
27% July 16
12% Mar
Jan
1233/4 July
50% Feb
34% Mar 21
40
9
20% Mar 27
G2
104
16
Mar 26
July 25
Jan
4
May
29% Jan
25
1
Mar
81%
Apr
114
Oct
5
78
Apr
103%
Dec
Dec
39%
Apr
47% July
7
273/4
Feb
343/4
15
Sep
223/4
J an
68"%
101%
Jan
108%
Jun
8%
Jan
17%
Dec
6
Feb
26
14
Dec
——
723/a Aug 17
July 16
Nov
57%
18
•
87
par
100 Va Jan
5
106
par
101% Apr
21
1
108
July 24
89
No
109
July 12
92%
Feb
Dec
16
No
104
6%
Sep
5% July
5
273/4 Jun
107
Jan
3% Nov
Aug 10
43% Aug
100
3%
7% May 11
13
3% Jan
22% Jan
__
July 18
108
103
No par
Dec
2 53/a
41
.50
Corp
41
Apr 30
par
Public Service
14 Va July
Apr
Jan
Jun
132% July
—4
Feb
183 Vi
Jan
& Phonograph— „5
preferred
Engineers
6
6%
200
109
—3
Electric Mfg Co
22%
72%
Jan
33
Feb
par
No par
Natural Gas
37
23%
*105
Paso
Battery
37
.
El
Storage
185
July 30
4% Aug
No
—No
preferred—.
preferred
Electric
170
July 24
Am shares
22
25%
*105
$7
1,500
18% Jan 20
21
Aug 10
.—3
Boat
23%
38
23%
21%
105
45
'
27
25% Jun
24
—9
(The)
Electric Power & Light
12,300
123
Auto-Lite
Elec & Mus Ind
700
63% Jun
10%
19Va Jun 21
22
107
1
Elastic Stop Nut Co
15
22
100
Electric
14%
Jan
39% Jan
13
—5
preferred
1.800
*5%
23%
%
3.400
v
5%
21%
4
—2
Products Co__
Ekco
4%
9
11%
'
-100
preferred
57%
8%
15%
45%
No par
Co
57
5%
43%
5
Edison Bros Stores Inc
1,400
25%
107%
*106
cum
—I
Eaton Manufacturing Co
900
56
12 %
127
11%
Co
61%
175
:
Eastern Airlines Inc
17%
62
*193
.
Eagle-Picher
61%
175
55
-10
2,000
17
17
61
17%
17
Dec
104
Dec
Jan
105
Nov
Jan
107
Dec
Jan
Volume
162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
RECORD
NEW YORK STOCK
HIGH BALK PRICES
Wednesday
Tuesday
Aug. 15
Aug. 14
STOCKS
LOW AND
Monday
Saturday
Aug. 11
$
Aug. 13
$ per
per share
y
Aug
17
•
13%
1¥»
15%
18,800
Erie
72
*8S3/8
93
No
par
97b
Jan
14
Dec
100
50
46 ¥b
Jan
70
Dec
86
27
89
7
78%
Feb
84% Aug
—
13%
14%
14
'
14%
20%
20
21%
20%.
22%
49 r
50
700
Ex-Cell-0
7
200
Exchange Buffet Corp
2.50
Fairbanks Morse ft Co
No par
493%
493%
491/4
49%
6'%
6'%
*6%
6%
53%
53%
53%
53%
29
277o
277b V
54
29%
Eureka
3,200
300
Jan
11% Jan
2
15% Jan
24
22% Aug
17
3V-
421/4 Jan
24
573/4 Apr
28
Jan
2
6
14%
16
9,100
211/4
21%
217B
217b
2,000
Federal
X1091/2
109y2
108%
109%
108%
110
33%
34i%
34%
700
26%
*25%
26%
11%
11%
11%
2,100
800
33 ¥4
34
•25 V2
34
*25%
26%
11 %
11%
15 3/8
15%
151/4
15
21
20%
•108%
11
36%
36%
36%
106%
*105%
26%
36%
26
•47%
108 ¥B
46%
28%
29%
29
108 %
*108
108%
44%
44%
*44%
38 %
*38
8
8%
8
8
..v
8
ii-
200
120
62
61%
Follansbee
5%
Steel
63
201/4
20%
*20
203%
100
61
61%
61
61
900
Food
35
35
35%
35%
33
35%
26%
:*26%
*17
18
*17
*137
140
*137
140
•
37%
X363%
*137
37%
36%
50%
50 ¥4
117%
117%
7%
7%
7%
7%
6Vs
6%
6'/$
6%
v
117
1,000
Dec
10 %
Aug
Dec
Jan
277a
Aug
4
Jan
53%
Nov
3874
Feb
Jan
107
57'A
Dec
3
10374
Apr
109
Jun
35%
Jan
44
Aug
18% May
26%
Jun
48% May 16
34%
Jan
42'%
Dec
Jun
13
247s
Deo
331%
Dec
10¥a Jun
26
5i/2 May
8¥a July
26
43% Aug
5874 Mar
110
4
2
Jun
41
6'% Mar 20
Jan
.75
24
Jan
8
27
Jun
13
21¥a Apr
IMA May
16
Nov
July 27
80% Jun
53'/2
Jan
69
Dec
Jan 24
41 ¥a Jun
16
Jan
29
Dec
Jan
4
Apr 10
27
20
Jan
25i/2
Dec
Jan
17 8/a
Mar
118
Dec
11
33¥a May
Jan
47'%
153/4
60'%
25
25
14
108
51 ¥1 Jun
301% Feb
1
May 14
Jan
110% Mar
July 20
41
May
64
2
53'% Mar 26
———100
preferred
4% %
260
118
24
Jan
17
50
10
Freeport Sulphur Co
Fruehauf Trailer Co
2,200
50'%
x50%
50%
117%
50
373%
Nov
32
Apr
5
22% Jan
93
60
1053% Apr 26
No par
pfd—100
F'k'n Simon & Co Inc 1%
140
37%
117%
200
17%
163%
17 ¥4
17
Dec
Aug
27%
45
100
1
10
10
25
6%
105
Apr
11
par
Corp
177a
Jan
Jan
19%
18
10
prior preferred
Francisco Sugar Co
50
27
*26%
261/s
26%
Foster-Wheeler
1,700
14s/b
100
29¥4 Jun
16
.
20
Dec
107¥a Apr
*23'/a Jan
Corp
Machinery
27
Jan
7
par
Food Fair Stores Inc-
61%;
Dec
14 ¥e
9
22
No par
preferred
conv
62
20%
63
*20%
47%
May
2
Corp
4474
Jan
137a May
42'% Jan
Florsheim Shoe class A
700
Jan
Jan
9%
32
par
No
Stove Co
33%
103
Jan 22
21 ¥4 July 24
—No par
preferred
$4
Florence
Dec
38% Jun
No
61%
*62
22
No
(The)
Flintkote Co
130
8%
5
9% Jan
2
25
Stores
67a
21¥b
May
109% July 27
38 ¥4 Mar
7
100
,—
100
40
40
preferred
National
First
5,300
45%
*44%
40
400
109
108
45%
38%
4%%
2% Jan
28'% Jan 23
10
Fidel Phen Fire Ins N Y
(l,
30%.;
29%
30%
108%
Corp
Firestone Tire & Rubber
47 %
47
47
48%
preferred
conv
Enamel
400
*106%
108'/8
41/4%
Ferro
2,500
59
58 3%
58
57 y4
*105%
54
53
54% 7
57%
108 %
56%
2,300
:
Dec
22¥a Jun
Jan
5
Mar 28
23'% Jan
No par
100
1
Dept Stores
Dec
47 Yn
16'% Jun
Mar 26
5
No par
Federated
T
17 7b
Jan
7
57
333% Mar
253% Jan
Federal Motor Truck
Oct
Apr
21%
8
2
Jan
2
Federal Mln & Smelt Co
140
27%
:
26%
*54
54
54
•107
363%
107%
26%
106%
24%
Light & Traction—_—15
preferred
No par
Federal-Mogul Corp
106 3%
36%
•105%
$6
25 Yo
123/4
17
104
13%
Apr
97s
.'V
5
73/4 May
4
42¥4 Jan
Fajardo Sug Co of Pr Rico
20
Parnsworth Televis'n & Rad Corp_l
1,200
6%
12
157a Jun
5
Co
Corp
'
*28%
Jun
5
Cleaner
Vacuum
Products
Evans
10,300
.
Dec
22
84% July 11
14
v\
174
20'% Jun
193%
29
Highest
# per share
Apr
19
13%
-v-
May 21
¥a
20
12
93
54
t per share
27a Jan
12% Jan
*89%
*6
S per share
share
68 y2 Jan
RR Co
Erie <fe Pitts
1
No par
common
pre! series A
5%
800
X713/a
93
HH
Bldg
Office
tEquitable
3,000
14%
75
t per
1944
Lowest
Highest
'
1%
*89%
Lowest
7
Par
15 %
74
J
77
Year
Range Since January 1
33;
EXCHANGE
Shares
1 per share
share
Range for Previous
:l
'
YORK STOCK
NEW
for
the Week
.;v
1%
157b
76
$ per
y
151/4
2
1%
15%
1 per snare
I per vnare
share
Aug. 16
Sales
Frldav
Thursday
19
9
146
July
Jun
13%
May
70
30%
41 ¥4 May
34
Jan
5
42'% Mar 26
113 . Jan 17
.Jan
53 ¥1 Jun
29%
Sep
Dec
36¥a July
Jan
447a
Jan
103
123% Jun
135
Dec
116
Sep
7
Apr
July
G
7%
(V-J Day)
73%
6%
4,500
177b
500
18
*17%
18
&
177a
16
16
15%
16
••;
;is %
18%
18%
•17%
18 ¥a
*17%
18%
68
*66
68
*66
68
*66
8%
8%
9%
9%
*25%
26%
253/B
253/a
300
61
61
61
Gar
4,400
26 »/2
62
*60
15%
*106%
61
15%
*106¥a
51'%
51
9%
9%
28J/2
28
*129
x29
29
29%
166
166
42%
80
19¥8
1,200
103/8
30
1,800
1,400
130
80
28%
130
*28%
28%
163%
*163'%
163%
43%
44 ¥4
44 %
43%
44%
.
181%
97b
'■
29
200
165
20
441/4
45%
443%
18,400
44 %
.
45%
3,200
General
4%
2,800
Gen Gas & Electric A
'
4Ve
4 »/4
41/a-
-
4%.
4%.
145
145
*145
148
*145
148
128
*128
130
130
130
400
129
129 »/2
*128 ¥4
130
1283%
128 3%
67%
68
67 »/a
128%
*127
*6032
60 A
18%
18%
18%
18
18%
26%
26 ¥s
26%
26%
27
13%
13%
13%
13%
14
14%
4,400
108%
*108
108%
30
108
108
*2%
31%
•134%
:
*108
3,?>
27b
31%
32
137
*134%
'22%
4%
25%
231/4
22%
32%
*28y2
32%
28%
•107%
15%
32%
29«/2
110
*107
29%
110
29%
*107%
15%
25%
26
*98
25%
tv
98
*96
(V-J Day)
2,800
231%
200
1043%
160
Gen Steel Cast
33
700
General
293%
500
Gen Time
32%
32¥a
29%
29%
29 ¥4
2,200
107%
109
30%
107%
30
16 %
3,700
16%
16
*98
26%
1,700
V
-i.«
98
*96
x4%
}
29%
30
293%
30%
54
54
53%
5 3 ¥4
400
4%
4¥a
1,500
4%
4%
*150
154
•150
28 i/s
28
57%
•102V4
58J/4
58%
103
x53
20'A
10%
10%
21
10%
7
5
5
X28%
29
593%
603%
2,300
102'%
102'%
200
54¥«
3,200
59 ¥4
53
107a
v
1,500
26%
25%
25%
25%
100
15%
16
16
16
16%
700
Granite City
44%
45i/2
45
45 3( 4
46%
46 3%
600
•22
22'/a
22
24%
700
¥4
*24
22
Steel
Grant (W T) Co
5%
preferred
par
10
20
—
Ore Prop—No par
Ry 6% pfd—No par
Western Sugar
No par
Iron
16
16%
16%
16¥a
16%
16%
2 400
Great
48%
50'A
49
493/4
48
493%
8,300
Great Northern
31
31%
31
31%
30%
31%
5,500
Great
.3
60
24%
167
*72
79
60%
*72
167
79
168 y2
*60
60%
168%
24%
25-
105%
•104
32 J/4
331/4
33
6%
6%
*104
-
par
par
No par
No par
Grand Union Co
15%
100
10
1
—5
Motors
Granbv Consol M S & P
Graham-Paige
*25 %
*24%
1
par
No par
Gotham Hosiery
5,200
61,300
5
5
50
preferred
conv
Goodall-Sanford Inc—
Goodrich Co (B F)
—No
$5 preferred
-—No
Goodyear Tire & Rubb
No
$5 convertible preferred—No
400
11% *
22
21%
10%
22
¥
109%
109%
110%
5%:y
5
4'%%
1,000
53%
xllO'/a
19%
*149%
28 ¥4
Corp
20
Instrument Corp—No par
4'/4% preferred
100
General Tire & Rubber Co———5
4'%%
cum pfd
100
Gillette Safety Razor
No par
$5 conv preferred
No par
Gimbel Brothers
No par
$4.50 preferred
No par
Glldden Co (The)
No par
Telephone
tGoebel Brewing Co
Gold & Stock Telegraph Co
153
103
103
110
110
4%
154
28%
53%
53
■
2,200
291/4
54%
29%
*54
;
99
25%
'3:
—No par
General Shoe Corp
——
1
$6 preferred—No par
110
*107
29;%
100
10c
preferred
Gen Realty & Utilities
General Refractories
3,100
•22 3%
98
*96
Railway Signal
6%
:
'
-
4%
104
26
Gen
1,200
'vw/'V
137
10c
No par
Service
Public
25%
99'/a
15%
99 '/a
is *98
Closed
22%
110
•107
29%
;
105
104
Gen
24 3%
4%
24%
104%
104
1
$4.50 series A preferred—-No par
General Printing Ink
100
•
Adv A
Outdoor
4%
4%
24%
4%
24
900
317a
317B
*1341%
32 J/4
137
3
*23%
2¥a
125
No par
Common
i
No par
Gen Precision Equip Corp—No par
900
17%
26%
62
1
6%
■
168%
168%
■
;"¥
,.*72
7
60 3%
■
-
V
79
24%
243%
*104%
105%
303%
333%
67a
63%
198
'
22
22%/
20%
23
8%
6,800
70%
68
69%
68
69%
52 '/b
521%
52%,; 52%
52%
52%
No par
-100
preferred...—
Aircraft Corp
Guantanamo Sugar
130
*202
23
—
1
Grumman
800
204
Co Inc
L)
Grevhound Corp (The)
41/4%
68
1,700
1,200
204%
(H
100
-1
Bay & West RR
Green
7,300
22 J/8
202
——100
-
Green
■
.
/
7
205
40
1 4,200
25%
1051%
34
v.v-
Preferred
1,200
61
Nor
preferred
Ohio RR
Gulf Mobile &
45
Gulf
preferred
Oil
Corp
—
No par
100
No par
No
par
2§
;
19
253/8
28'%
106'%
26
107
13%
90
21
x97
25'%
52'%
Dec
18'/4
Dec
15¥b
Sep
18 Y»
Jun
May 16
62%
Oct
66
Nov
91% Jun
Apr
64% May
11
27
7
16¥4 Jun
26
108% Jun
Dec
41/2
Jan
77a
Dec
13 V*
Feb
23%
Dec
51
Jan
58 y2
Dec
10%
Feb
¥16%
Dec
41 ¥4
Apr
54%
18
56'% Jun 26
IOV4 Mar
1
183% July 30
7%
Feb
6 ¥4
22
4¥b
Jan
Jun
22
11 %
Jan
139
Jun
25
81 ¥4
Jan
32% Jun
26
25 Y*
161
Jan
12% Jun
Apr
15
172
May 31
140
Oct
9% July
Jan
143
37
26¥a Jun
19¥a
Nov
Dec
7¥« July
221/a
124
Dec
Dec
29% July
Feb
155
Dec
44% Aug 17
35
Feb
40 ¥a
48 ¥4 Jun
5
40
Nov
43¥4 July
4¥4 Jun
v
22
2'A Feb
31/2 Aug
140
Sep
Dec
22
115
102
Jan
120
6
128
Mar
134%
Nov
Jan 22
70% May
7
51 ¥4
Feb
66
July
3
131% Aug
148
Jun
139
Jun
134
May
6
125 ¥4
Jan
1301/2
Oct
3674
Jan
561/4
Nov
47b
Jan
187b
Apr
13% July
23 ¥4 Jun
30¥a Mar
'
6
Jun
20
16
110
Jan
3
Jan 24
37
July 27
2
24
26
26
27
58
Jan 23
49% Jan 6
Aug
107 ¥4
Nov
2
ly*
Apr
Mar
6
197b
Apr
3
112
2% July
3iya
124
Apr
5'A Feb
14
3%
26
19 ¥b
Apr
24% Feb
4%
Nov
26¥a Jun
Dec
Nov
Oct
257b July
193%
Nov
27.
14%
Jan
116% Jun
18
74¥2
Sep:;
34% Jun
16
22 ¥a
Jan
27
Dec
19
Jan
313/8
Dec
35% May 22
111
Dec
8
Feb"
26%
Dec
Jan
19%
16%
Dec
Dec
July 30
17¥4 Jun
1001/4 Jun
29
110¥b
Mar 12
32 ¥a Feb
110
Apr
100% May
16
7%
13 :
69
Jan
90%
29
11%
Jan
227b
Dec
25%
Dec
52
Aug
2
32
May 10
18%
Jan
57
May 16
45
Apr
5
2%
Jan
165% Jan
12
85%
Jan
31% Jun
25
4% July
63% Jun
25
4ya May
175
Dec
40
"Feb
54 ¥b
Jun
98
Jan
104%
Nov
105V4 Mar
6
x57% Feb
15
36%
Feb
51%
Dec
112% Mar
8
104%
Jan
1121/8
Jun
Aug 14
81/2
Jan
17%
22
12
6
July 31
Jun
20
257a Aug 10
19% Jun
b
1% Jan
3 ¥4
7
Oct
Aug
5% July
19% Dec
Jan
15% May
9¥a Feb
16
July
22
32 V2
Jan
42%
10
23y2
Jun
251% Mar
171/4 Mar
1
14 y8
Dec
55¥4 Jun
26
257s
Jan
32¥a Jun
26
24%
Jan
■30
Dec
May 25
14374
Feb
163
Nov
May
67
Feb
Dec
54 ¥4 Jun
24% Jan
175
Jun
22
57
637s Apr
72
20
25
12
II1/2
Oct
3
134% Aug
¥
Jan 2
Jan 24
2
16
Jan
6¥b
106
Mar
3% July
36% Jan 22
21'% July 25
Jan
Mar
Jan
Jan
Jan
Jan
Jan
Mar
Jan
Mar
Dec
25
Mar 27
Feb 7
Jan 22
Mar 26
Mar 29
Jan 23
Apr 27
Jan 2
Jun 15
Mar 27
Mar 9
Jan 23
July 9
Jan 2
Jan 4
Jan 2
July 2.7
Feb 1
Sep
19% July 11
61 ¥4 Jun
107'% May 19
12% Mar 26
5¥a Jan 2
4% Jan 2
18¥4 Jan 3
14% Jan 23
14¥4
46'/a
28%
161%
64
52'%
23¥4
104%
28'%
5%
167
14¥a
16 ¥s
19
5ya July
28
3¥4
147'%
25'/a
53
July 27
102
Apr 20
48
12
31
6
Feb 10
37/a Jan 3
21
Jan 24
99
17V'4
Mar
Jan
53
Jan 11
10
Jan 16
22¥a Jan
2
9%
106'%
17a
28¥a
123
Jan
76
'
128% Aug 17
10
.
preferred
$5
Gen
100
113
No par
General Motors Corp
100
60%
preferred-—-—————100
5%
24,4'ui
127
127
*60 aV.
60 A
No par
General Mills
60
67%
X66%
67.%
128 %
*127
6QJ/4
No par
Corp—
No par
preferred series A-No par
$6 conv
10
127
Foods
2
2
22
21
22
22
20
4
24
40
Feb
1
33/a Jan 2
1343% Jan 4
Jan
18¥4 Jan
Jan 31
181%
General Baking
27b
12%
20% Apr
8¥4 Jan
$8 preferred
No par
160% Jan
General Bronze Corp
9
17'% Jan
General Cable Corp————No par
6 7 Mar
Class A
No par
19
Jan
337% cum preferred
100
1143/4 Jan
General Cigar Inc
No par 3'
27'% Mar
7 %
preferred
100
156'% Jan
General Electric Co
No par
377a Jan
■■■•' 19
131
28%
■
49
Gen
1,300
30
1291/a
132
7.
1,400
97B
9¥a
97/«
Transportation
513%
Jan
19
20
9% Feb 27
58
12'% Jan 22
1043/4 Apr 18
2%
71/4 Jun
18% Feb
Jan 2
Jan
2
Jan
6
Apr
6
Mar 9
Feb 16
Jan 2
Jan 2
Jan
2
9¥b
20
19%
10
Investors
$4.50 preferred
Amer
23
50
i
100
5
8
preferred
conv
Amer
Gen
200
51
183
183
19'/a
19
Wood Industries Inc—
5'%%
8,000
9%
9%
183
183
15%
106 ¥„
51
51
9%
14%
107
1
5
20
Gaylord Container Corp
30
106%
15%
15'/a
107
,9
Co
preferred
$3
8%
No par
No par
(The)
Co
Gardner-Denver
100
¥.;.y
25%
?
Gamewell
■
20
preferred
6%
700
16
17%
6%
4'%
16
14%
16%
6678
7'%
.—Wo par
1
(The) cl A.
Galr Co Inc (Robert)
Gabriel Co
900
6%
Closed
"17%
49 y8
Dec
Nov
Dec
"
~
24
43%
Feb
5574
28¥4 May 28
19i/a
Feb
24% July
108% Mar 13
105%
Dec
1057a
Apr
32%
Dec
Apr
6%
Aug
Jan
189%
Dec
;
441% July
8¥s Jun
2
26
216% July 13
30% Jun
26
82
14
11
3%
123
16% May
61/4 Jan
"
Jun
571/4 Mar 16
Dec
33
Jan
621/2
Dec
421/4
Sep
50%
Dec
H
•33%
*33%
36
*26
27
18%
103%
*108%
21%
27
*
36
*32
28
28
18%
19%
*18%
19%
*103%
IO334
1033%
1033%
18%
104
*108%
110
200
22%
22
110
22%
*108%
4r/o
60
22
1,200
■
33%
9%
108%
For footnotes see
34
33%
93/4
9%
>108%
109
page
795.
I
34
9 ¥4
110
337a
9¥«
*108'%
preferred
9%
110
;
609
500
20
Jun
22
29
Jun
8
2
22
15% Jan
100
103% Aug
2
Feb
28
Jan
2
24
154
Feb
17
155
X30
Apr
9
107
10
Hat Corp of Amer class A_
1
6%% preferred (modified)—1°0
A) Co $4.25
—
3434
39
2
pfd-.No par
Harbison-Walk Refrac
No par
6%
preferred
—l^O
Harma <M
*150
'150
*150
conv.
2
ffo Par
Watch
100
110
21%
,
Jan
20% Jan
33
Hackensack Water—
Hall
Printing Co
'36
27
Hart, Schaffner & Marx—
18%
7% Jan
4
Jan
13
107
Mar 19
Apr
33%
DfcC
15 V* Mar
22'%
Dec
IMA
16% July
27
Apr
104% July 27
110 % Jan
12
July 12
Apr
2
102
15%
138
109
Dec
Apr
21
July
Jan
152
Jun
37¥4 May 28
10 ¥4 Feb 16
"5%
Jan
May 16
104%
Jan
112
"87b
110
Dec
Jun
July
CHRONICLE
THE COMMERCIAL & FINANCIAL
NEW YORK STOCK
RECORD
LOW AND
Monday
Satarda*
Aug. 13
Aug. 11
S
■
f per share
per share
ii.
11%
11%
":•••■
9%
f- 113%
114%
*24 3/8
24%
75%
75%
89
*138
Hecht
400
600
90
*136
700
137 %
79V2
100
79
*132
135
*30
31
.100
Hlnde
24 3/4
24 3/4
200
Hires Co
49I/2
491/2
500
Holland
243A
x24%
24%
48%
*48
49
19
48%
*16%
31%
*163/4
18%
*16'/a
28%
28%
28 34
29
2,400
2,300
285/s
28%
51%
52
52
521/8
45%
45%
45 %
451/4
600
2DA
21%
21%
211/4
213 a
1,900
Class
26
26
25%
25%
26 Va
261/4
1,100
Household
*106
108%
83
5
15
——No
July
6
20
63
18 V2 Apr
7%
20
43 'A Feb
21
30%
28
No pat
14% Jan
6
34
1
33/4 Jan
2
——20
29 Va Jan
3
100
19% Jan
24
100
-47% Jan
30
.76
100
—.1000
72% Jan
24
183/4 Jan
22
19% Jan
2
39% Jan
2
Hudson Motor Car.
351/2
35'/2
800
32
61%
61%
60
86
88 Va
*85
87
*29
30%
*29
30%;
24%:
29
24%
241/2
483/4
49
non-cum
I
Aug
70% July
Feb
32 % Feb
'
Jun
183/a
Feb
Hupp Motor Car Corp_l~
62%
45
Feb
34% Jan
85
2
Manhattan
&
Sep
9
Aug
22
Jan
1,100
60 %
109 %
12% Jan
27
5%
Dec
Nov
"19% Dec
47% July
13 V4 July
37%
v
22% Mar
May 19
8%
16 %
Feb
1%
Jun
"11% Dec
"2 8 Va July
Jan
6% July 31
July
23/a
1% Jan
17,600
30
103% May 21
663/8 Jan
2
6
Hudson
Aug
3
Apr
25
15,800
32%
28
26
6%
31%
2
Aug
7% Jun
30%
33
25
Dec
21%
May
133/4. Jan
23'A Jun
6
31%
7
19
28
34%
23% May
Jan
6%
34%
Jan
42
48
2
*10
293A
,
39
23
2
2
100
271/2
.
26
Jun
Jan
Aug
16% Jan
preferred
100
Hud Bay Min & Sm Ltd——No pat
271/4
:.;"
Jan
16
27
6
13 V*
Jan
600
28
26
2
3,700
6'/a
Jun
18
Co....
51/8
281%
Jan
Jun
25
t c
14%
5%
13 3/a
60% Jun
15
42
100
Co...No pat
141/2
27%
v'47%
19
29
7
44
pat
!——No pat
14
27
36'A Mar
20 V* Feb
23
17
200
21%
49'% Aug 17
41% Jan
37%
27 %
23%
-5
14
-
Jan
2
373/4
,
20%
23% Jan
38
,
28
1
10
Houston Oil of Texas v
:;
29% Feb
32
Houston Light & Power
.
25%
25
400
.
125
Feb
Jan
4,400
5
July
Apr
193/4
25
14'/4
5%
73
114
28
10
Finance"
Howe Sound
Jan
26
Jun
132
preferred *
3%%
,83
63
Jun
15
I33/4
5
-
1081/2
X82
July 20
80 y4 July 16
15
14%
*37%
16%
:
*108
83
14
5%
■, ,• ■ ■'
108%
*81'.
14%
13%
•'..37 "
37
Jun
Feb
__
Feb
"
-• Mar
Feb
—
Feb
Nov
273%
89
72
17% Jan
•753/4
170
Apr
134
123
Aug
20%
Jan
Mar
633A
160
Apr
par
B
Sep
22% July
Jan
100
No par
—
Dec
Dec
75
No
(A)——,——
8 %
■112
128
94
138
(Del)
93/4
Apr
Jan
Mar
22
8
15
—No pat
Homestake Mining!
12.50
Houdaille-Hershey cl A——No pat
52%
22
Feb
Holly Sugar Corp.!
45%
*81
223A Jan
pal
Jan
Furnace
Highest
I per share
•
82
Nov 15
1914
20%; Sep
Aug: ..9
313/a Apr 24
130
Hollander & Sons
20%
25
3%
99
183
The
(C E)
51%
25
80 Va Jun
170
•_!—No par
after
& Dauch
45 %
*106
No
•„!
8
26 % Jun
10
6%
21
Feb
118
Year
t per share
28
liy4 Jun
4
71'/2 Apr
2
Jan 10
-25
100
Hershey Chocolate
$4 conv preferred
18
'
20% Jan
share
14Va Jun
Mar 13
Paper Co
6%(-pfd-5%
80
31
*24
Motors
Hercules Powder...
•
135
%
„•
preferred
S per
Mar 26
108
15
—.
W)—_
(G
Rercules
10
*30
——;
non-cum
*78
134'/a
31
Helme
Co
Glass
6
25
Corp„
Co.
1%
26
89 >/2
'
Mlg
*132
80
*78
*132
136
Hayes
Hazel-Atlas
9% Jan
..1
.?
Hares industries Inc.
160
_.
*25
89
136
89
4,100
:
Lowest
Highest
1 per share
Par
17,300
-
76
*185
Range Since January 1
Lowest
EXCHANGE
247b
76
..'.'"'V
25%
J
9%
114%
*24%
76
75%
NEW YORK STOCK
Shares
11%
-
114%
24%
25%
137%
9
for
the Week
share
.11%
9%
»24%
25%
25%
$ per
<thare
114
*185
*88'A
f per
Sales
•
Aug. 11
11%
9%
114
*185
Friday
Aug. 16
f per share
per share
r
Thursday
Range for Previous
AA
STOCKS
HIGH SALE PRICES
Wednesday
Tuesday
l Aug. 14
Aug, 15
Monday, August 20, 1945j
Jan
Aug
"
6
Aug
32%
Nov
23%
Dec
/
I
'
*24
24 %
■
.
•
24%
49%
48%
35
34%
Closed
(V-J Day)
A
48%
48 %
104
104
*103%
104%
*1035/a
/-A
800
86
I
50
/
<
104'/2
115
*117
120
120
120
*171
172
172
172
10
89
-v
89%
89%
12%
12'A
12%
*8%
9%
*8%
443A
443A
12%
6%
*6%
6%
9»/4
45%
45
106
106
12%
*8%
45 3/a
91%
121/8
9 %
45
106
106
911/2
106
7%
106
10%
1921/2
83
:
9%
•"
84%
84'/a
*183
185
184
10%
.
,
AlO
192%
85%
*190
184%
192%
...—No
par
Rayon—
preferred A
6%
Steel
No
Co
700
10%
100
85
86
OA
3,000
*183
184
V;
Jan
30
91
Jun
25
46
38
Jun
26
8
27
49% May 17
109% Mar
1
15
2
122
Feb
26
174
82
Jan
2
94
11% Mar 26
8% Jan
25
104% Jan
3
Int
International Harvester——No
6%
6 3/a Mar 28
71%
29%
\i
104
Jan
'1113/4
X87
8%
105%
'
*6
6%
Jan
Feb
83A July
*
173 % Jan
19
90% May
74% Mar 21
par
10 3/a July
188
100
—
178% Jan
187
4
Apr
165%
37
Jan
21%
:
5%
21%
*88
21
89%
6
5%
21%
*88
6%
5%
211/2
89%
5%
6
32 %
32%
21%
*88
5%
.
51/4
2,900
23% Jan
23
Int Hydro-Elec Sys class A
International Min '& Chem
1,700
,
Dec
180% Dec
"
5%
Nov
82 y2
67% Apr
7
'
Preferred
■
5%
Oct
Dec
'
Jan
6%
154%
Sep
Aug
123A July
NOV
21
•
403/4 July
Apr
Feb
Dec
Nov
165
Feb
11% Jun
Oct
-423/4 July
93/4 May
7% Jan
6
27
20%
106%
195 Va May 19
8% Mar 26
——No par
Machines——No pat
Business
■
Mar
158
9'A May 25
503/4 Apr
109
Apr
Apr
Dec
Dec
22
Jun
88 Ye
9
8
143/8 Mar
6
373/4 Jan
Jun
Jun
May
"77%
35% July
100
16
104% Jan
1
153/4
Dec
56
Jan
26% Jun
•
,Jan
166
Interlake Iron
5,300
-a:
Feb
10%
25% Jan
par
Interchemical
40
193
Aug
Corp———No par
4%% preferred
100
Intercont'i Rubber.
No par
Insuransharrs
1,300
v:
24
1
26
Apr 28
par
20
Inspiration Cons Copper
Ctfs Inc
2,100
-
37% May
42 % Jun
100
.—No
preferred—:
Inland
104
No pa*
—:
Ingersoll-Rand—
600
7»/4:
m 7%
'
93A
*190%
par
$4.60
700 "
172
RR See ctfs series A_
Industrial
100
115
x89
4%:
Indianapolis Power & Lt!—No
700
*171
preferred series A.!
/Leased lines
*3.700 1
/A
Co.
RR
~
,6%
•
50 *
29
:
Central
Illinois
14,200 *
61
*85
Idaho Power Co~_
17:
15
Jan
2;
24'A May "7
1% Jan
15%, Jan
2
88
65
'
23
6 3/a Aug
3
3%
Aug
18a/4 Jun
'
4%
•891/2
preferred—:
753/4 Jan
-—100
...
Aug
2
7% Feb
1
'
*80
Jan
Dec
■
;
33
32%
*134
138
*134
313/4
137
134
6%
28 Va
273/8
283/8
*97
97'A
97%
97%
■'
*15
153/4
*92
94%
*40
43 3/a
-.
15
'
92:
41
41
*14
133/4
42%
41%
/-■
*115
*135
220
41%
145
25 %
•;.',• : 25%
26%
25 Ve
300
2 6'/2
251/4
25%
25%
*251/4
29,500
*24
24%
24%
500
Interstate, Dept Stores....—No
24%
24%
24%
300
39
38'A
38i/4
100
150
150
155
;;
r,
.
.■:.:
*151
6%
Jan
2
134 % Jun
Jun
139 Va Jun
2
Dec
94
Dec
7%
Feb
12'/a
Jan
92
Jun
47
Aug
35%
11%
*43
Sep
Jan
93
Dec
135
Jan
Jan
Oct
253A May 18
20
Dec
113/4 Jan
7
20 V*
Aug
20% July
20 Va Dec
17% Jan
2
15
Apr
19% Jan
24
2 6'A Apr
24
15
Jan
36% Mar 27
41% Jan
9
29
Jan
45
Jan
144
145
,;I:
Jun
Feb
563A
117
313A May
31% May
Oct
21%
39% Jan
5
2
-136
Feb
687/a
42% May 31
2
Jan
; 32% July
13%-Feb
1
19
Apr
66
20
Feb
183/4 Jail
———..1
(8 preferred—
10
„
Jun
18% Jan
;,
130
47% May *5
3
92
par
39
Intertype Corp
Island Creek Coal—
No
*38
*150
24%
98 :
Mar 27
39
par
*23%
24%
*23%
*38
.
25%
99% July 16
193/4 Jun 21
137% Ap.
...
25%
24%
26
9% Mar 26
No par
Silver
50
preferred—.!
——
100
Intern'! Telep & Teleg——No par
Foreign share ctfs——
No par
International
26
41% July
pat
7 %
25 y4
24
—'—No
Salt!
International Shoe.
41%
145
245/s
4% Jan
36% May
8
140% May 22
30% May 29
23
79
—
H71/2
*135
conv
International
43%
XH71/2
123%::
145
1,100
92
*40
41%/:
117
117
*135
15
911/a
92
*41
Paper CO—
15
preferred—;
100
Inter Rys of Cent Am.——No pat
5% preferred—1
100
5%
500
Feb
19% Jan
129
International
9,000
,
24
843/4 Jan
Preferred izsi—i-———-1—100
20
27
97%
28% Jan
Int Nickel of Canada———No pat
7,500
134
273A
97 %
2
"
32 »/2
27%.
5% Jan"
ll
International Mining Corp
500
:•
Jan
Jan
150
12
22
138%
May 16
July
;
Deo
J
38%
*37%
37%
*109
111%
*109
124
122%
*120
39
112%
*111
*111
34 Va
95Va
35%
> 23%
125
39
111%
4% %
391/2
*llli/4
1121/2
94
35 %
343/4
94 Va.
23
95
0 1061/2
106%
23%
23
243/4
25
122
*118%
25
*118%
20%
21%
5334
53%
21%
*52
..Closed
'•
122
-1:
...
21%
26
118 %
'
'
i-
54V2
20
20
1,200
W-ioo
/.
233/4
2,700
500
26
<
V./H:
21
50 Va
20
;
20
SV
-m
'
*20%
32%
33%
35
35
27
27
*27
23%
23%
23%
24%
36
36%
36
36%
v
2
Jan
25
40
Jan
6,500
300
-
20%
36%
400
1,200
-•■/
600
32%
32%
32%
32%
48%
48%
47%
27%
11%
81
81
24%
12
10
20
Jan-
7,200
32%
2,500
48%
200
113A
600
82
82
"'■■■
32%
11%
•••;
82
50
Nov
Dec
Sep
Sep
95
May
Jun
:
20% Jan
28
Dec
58
Jan
80
Dec
66 Va
Jan
93
Dec
10%
Jan
20%
Dec
26
July 16
26
9
.
_1
B
Kennecott Copper
—No par
Keystone Steel & Wire Co
No par
Kimberly-Clark Corp
Kinney (G R) Co...
$5 prior preferred
.....No
par
1
No
:
par
*1
16%
,
Mar 26
124
Dec
117
21% Aug
124
Feb
18
6%
Jan
14%
Dec
59% Jun
18
193/4
Jan
39%
Mar
Jun
7
13%
Feb
38% Jun
28
17
Jan
283A Feb
27
20
Jan
22
13% 'Jan
2
26
Jun
11
35'A Jan 24
22% Mar 10
8
33% Jan
8% J an 15
72% May 14
40
Apr
24
293A
32% Aug
48% Jun
17
'■•19 %
15% Jun
28
Jun
28
18% Jan
Apr
Dec
29% Jun
City Southern...-
Class
1073/4
34%
May
28% Mar
3
Jan
3
No par
117
Jan 22
No pat
13
Jan 22
4% non-cum preferred!
100 OA 34
Kaufmann Dept Stores...—
-1
183/4 Jan 26
Kayser (Julius) & Co..,..
.5
23% Jan 22
Kelsey Hayes Wh'l conv el A
1
22% Jan 23
1,200
36 34
*47%
I
12
*79
25
35%
47%
11%
'''
-
NOV
105
'
90
30%. May
'
.
Feb
Apr 25
39
9
30
112 Va
Jan
111
116% Jun
2
38% Aug
Apr
K
Kalamazoo Stove & Furn.
Kansas
17
-98
Mar 27
193/8 Jan
27
1073/4
84%
18
102
10
9iy2 Jan
Jun
112% Apr
27% Jan 24
.
25
Jun 21
128
109% May 31
90
Jun
114% May 31
Jan
Kan City P & L of ser B_.
122
20
27
313/4
A
Chicago RR stamped
Jone-s & Laughlin Steel...
No par
5% p/ef series A
...
100
.5% pre! series B conv
100
Joy Mfg Co_
—
1
11,500
351/2
96
1061/2
'
27
31
Joliefde
49
-/II''-
12%
100
100
...
2nd preferred ser
:
243/4
101
42
110% July To
No par
—
Jphnson & Johnson
4%
..—100
preferred——
Johns Manville Corp
125
84%
No par
Jewel Tea Co Inc——
*120
104%
23%
38%
*381/2
112%
34%
95v2
: 106%
~
*109
124
*120
"
♦105
373/4
111%
123%
38%
38%
37 Vz
90
5
Jun
Jan
31% Mar
•
3
Feb
54%
Jfan
20%
X26
Dec
Aug
243/4
•
Jun
19%
Jun
37%
Dec
24
42
9%
78'A
Dec
Oct
Dec
Dec
'
29'%'
29%
*107
29 ;■:.; v'
108
29
•'^^
28
28 %
28
Va
287b
*9%
40%
*9%
10%
••■•'
:
!v";.
37
A/
37
.
3734
5%
ai 34
53/a
40 3/4
*9%
38%
41%
Koppers
80
1,800
10%
38%
--——?yv
500
29
A
Inc.—
Co
Kresge
(S S)
Co.:.!
Krer.s
800
Kroger Grocery & Bak
(S H)
Laclede
& Co
Lt
Gas
—100
Co
5%
5%
5%
*33%
34%
54
*51%
54
53V2
*53
54%
13%
13%
13 Va
13%
5,300
Lehigh Coal & Navigation Co.
34
34 Va
34%
35
2,500
Portland Cement.,
Lehigh Valley RR—
_!.
...No
Lehigh Valley Coal
*52%
55
133/8
13%..
33%
35 /■/ :•
11%
113/4
.'
;
..
23A
10%
11
500
43
100
41%
42
22-%
22%
*22%
41%
10 3A
8,700
234
23/4
274
1,400
41%
43%
800
42 Va
41
41
23
9%
*223/4
Lambert Co
Lane
'
43 Va
2%
•: 44
12,000
v
1,400
200
23%
conv
Lehman
19%
19%
20
1,200
Lerner
Stores
Corp
59
59%
59
59%
2,200
Libbey
Owens
8%
8%
11,500
55
53%
54
95
93%
933A
94%
94%
95
94%
185
182
185
*33%
36%
51%
52%
45%
20%
v
185
*33%
36%
52%
52 aA
46 V2
46 %
47 Va
21
20%
20%
•
*53%
55
100
95%
100
900
185
190
—
—
51%
51%
700
47
473/4
2,700
Apr
X31 %
Dec
17% Jan
31%
Dec
49%
Dec
10
12
Jan4
25
29% Jan
•16% Jun 28
37 ' Feb 20
21
50
par
6% Jan
24
30
18
8
8
Jan
:
4'A
12%
Oct
Apr
Jan
31%
Dec
8%
Dec
2%
Dec
1% Jan
II—IIZa.
22
50% Jun
8
15%
Feb
39%
22
47
Jun
16
29%
Jan
38%
Dec
20% Jan
3
24
Jun
26
18% Jan
2174
Jun
5
Dec
par
:nzzi8
17% Jan
22
21
Jun
17%
Dec
19%
Dec
51% Jan
24
85
Jan
53 %
Aug
2
9
May 5
% Apr 17
42
73/4 Jan
„No
6%
Apr
8% July
55% Jun
8
39
Jan
49%
Dec
25
78
Jan
2
95% Aug
3
68%
Jan
83%
Jun
25
78
Jan
3
95% Aug
2
67%
Jan
86 Va
Jun
.—...100
181
Jan
5
195% Apr
Link Belt Co
174%
Jan
par
32
Jun
15
263/b
Feb
32%
No
par
473/4 Jan 25
59% Mar
1
36
Apr
52
Dec
No
par
41% Jan
22
51
Mar
7
37
Jan
44
Dec
...No
par
19% Jan
22
24% Feb
7
173/4
Nov
22V4 May
No
par
34% Feb
!
...
Lion Oil Refining Co
Mar 28
20%
20%
31%
3174
32
24
25%
9,100
Lockheed Aircraft Corp—
26
25%
26%
25%
26%
4,100
Loews
58%
57%
59%
593/8
59%
2,700
Lone
ytar Cement Corp—
No
par
50
Jan
23
19%
19%
19%
39%
19%
19%
1,800
Lone
Bell Lumber A
No
vat
15% Jan
6
Liquid Carbonic Corp
Inc
182
25
No
—
Lily Tulip Cup Corp
Lima Locomotive Wks
47 y2 Mar 28
257b
33A Jun
2% Mar 26
25%
795,
17% Jun
Apr
35% Jan
X31%
page
26
2
38
31'A
see
Dec
Nov
26
57
For footnotes
39
37 Va
55% Jun
25 3A
1
Jan
Jan
.22
26%
600
273/4
31%
Jan
31%
900
Oct
4
7
47
3
25 3/a
'
10%
19
Series B
Preferred
Jan
Dec
15
'
36%
Nov
Jun
Liggett & Myers Tobacco.
95%
185
Dec
27%
56
(new) —No par
*94
*33%
7% Feb
4% Aprs. SO
108%
35 s/a Jan
Libby McNeill & Libby—
Life Savers Corp
94%
3/4 Jun
44VB May
63/4
34%
Dec
24
Ford Glass.
8%
*93
13
22
Jan
Lehn & Fink Prod Corp—j
19%
*53 Va
Feb
Dec
Feb
108%
36% Jan
19%
83A
•
/ 32
30
(The)
59 3A
8 3/4
42
5
31% Jan-
;,5o
19%
8%
11
3
26
.5
59%
'
7
8% Apr
35% July 27
Jan 24
37
26
Mar
Jun
par
preferred
Corp
29
par
Lehigh
6%
112
—No
...
!
Lee Rubber & Tire
„
9
Mar 26
—No
(The)
Bryant
34% Jan
1
No par
33 3A
•/."'I
Aug
Aug
No par
5%
*51%
28
107
10
.1
—.
500
413A
10
100
—
preferred.!....!!
Kresge Dept Stores.
I
.
43A%
33%
>
54
23/4
■•.
29
107%
53%
34%
*51%
44
>107
*29
38
40%
42
40%
'
•
28%
107
107
—.
29'A Jan
2
19% Jan
No par
39
31
25% Aug 10
;
Nov
Dec
13
193/4
Jan
30'A
Dec
30
Jun 28
28% May 17
14%
J,un
23%
Nov
60% May 9
21 Va Jun 21
403A
Feb
53
Dec
8%
Jan
-16 3/a
Dec
Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
NEW YORK STOCK
LOW
•
Saturday
Aug. 11
$
Monday
^
s per
44
44
24%
24%
*172
Tuesday
SALE
175
24%
.
112
■
25%
25%
55%
55%
•
$ per
'
■■■:■■
„
55%
44
24%
—
25
25%
—.'
'—:
V
'.
v
54
600
3,600
173
173
„_
33
155
*152%
300
56
53
53%
53
v
-
35%
:
'-.
•*
18%
r—~
18%
*440
...:
9%
28%
8
16 Va
V 8
24%
18%
19%
29 Va
23%
■'
■
42%
36Vai
11%
"...
.
110.
33%
29%
.
36%
900
105 Va
2,800
12%
12%
48
48
*110
Closed
•
112
111
■
42 y2
22%
111
.
McLellan
*112.
114
1,700
McQuay-Norris
16%
7,200
Mead Corp
105
,
103
37%
37%
1,100
22%
4,400
Mengel Co
66
66% : 66 y2
39
*34
108%
108%
*108%
7%
7%
7%
26
26 y8
*41
■■
40
158
64
65%
65%
64
15%
15%
16'/b
*3j/b
9%
*108%
112
*107
108
t
109
*114
114
200
25
12
13%
-
31%
35%
..
2,200
18,100
16,800
44
44
13%
13%
34 y»
36%
35
v.
36%
43%
29
43%
43%
28%
92%
92%'
27.
27%
26%
14%
14%
4,800
39
37
36%
38
170
"
29%
29
26%
26%
36%
36%
36%
15%
14 y2
15%
3,300
*100
101
30
300
96
96%
111%
60
16%
*57
500
96%
*110
18
*57
►
.'—No
40
111%
.
17%
5,500
*
60
Jun
29
107
Dec
1
6
Apr
Wheel
par
41
32%
36%
21%
No par
JS'v
Co_„
Mullins Mfg Co class B
1
$7 preferred
8
Jan
Dec
Apr
46
„
6%
Dec
9%
Jan
Oct
111
;
Jan
Jun
23% July
6%
Jan
Dec
18%
Sep
Apr
Dec
39%
,
Jan
74%
Nov
112
Feb
8%
Dec
113
Jan
17%
Dec
114
jun
25
,
88"%
Oct
.
Oct
111% May
117
Jan
114
119%
Sep
Nov
11
107%
Jan
65% July. 10
41%
Apr
Aug
53% Nov
9
35%
Jan
42
Oct
44%,Tun
21
21%
Jan
35%
Dec
44% Jun
21
15%
Jan
24%
Jun
Jun
Jun
32
May 17
28% May 17
40
May
16% Jun
6
:•
.
16%
Jan
25 »/4
Dec
26 %
Apr
33%
Dec
27
4%
Jan
10%
106
Jun
16
72
Jan
31
97% Mar 27
.113
5
Jun
21
20
Aug
Murphy Co
No par
x82%Feb
15
100% May 28
4%% preferred100
Murray Corp of America-.
10
Myers (F E) & Bro
—JVo par
109% Jun
21
115
(G C).
2%
Oct
Mar
47
20
Jan
Dec
19%
8
No
22
Oct
19 %
29
8
Munsingwear Inc..!
par
Aug
Oct
2%
18
2
113
39
58% May
93%
~
119 > Apr
Aug 17
9 % Jan
—No par
V
28
26
23
Jan
Feb
28% July
144%
108 % May
107
*
Sep
19
Jun
23 % Mar 27
31% Jan
6
1
;
Mar
33
97% May
Dec
Deo
8% July
Apr
36%
111% Apr 24
11% Jun 23
116
.Aug
107
.
Jan
105
5
Mar 13
16% Jun
Dec
39
38
Sep
1%
7
31% Mar
Oct
12%
2
119% Jun
Sep
46
18 1
No
'
July
114
113
July 26
106% July 26
47% Jan 12
Corp
Brass
5
47% May
113% Jan
,
;
Dec
55%
27% Jan
116%
6
30
par
50
Mar
74% July 11
22% Jun. 18
5
&, Essex
Mueller
45% May 17
v
.
23 Va
,31% Apr 24
160
49% Jun
No
Dec
V' 9 % Mar
2
—
16%
:
2
series'B
Jan
:
46% Apr
79 % Jan
Nov
Jan
22
25y4jan
38%
37
,• 3
lliy4 Jan
Apr
8%
Jan
10
par
31%
Jan
2
16y8 Jan
36
94
Mar
5% Jan 22
-
Jan
27
4
.
par
Certificates of deposit-
100
30
17
59 y2
22% Jan
13
100
25
4
A—No
Co—
ser
Motor
30
96
Tool
Chemical
Motor Products Corp
300
101
111%
109 y4 Jan
Jan
Jan
2
7'/a Mar 26
par
20
$4: preferred series C
Morris
May
19% July
8
70
9
111
Dec
13% Oct
.111
.Dec
82
July 10
45 % May
44% Mar
Marl24
10
1,200
.
.72
3
109% May 21
108% Aug
7
—1
No
2,100
:
3
Jan
Feb
Sep
16% Aug
24% July 10
1% Mar 27
Montgomery Ward & Co—No par
(John) & CO
—No par
360
30
26%
2
4'2%Mar26
Morrell
38
39
Jan
Oct
"Dec
104%
103
16% Aug 17
105% Aug
3
103% July 27
x41% Apr 19
109
-
29
17 y8
Impl
Mills—
preferred
Preferred
10
63
44
101
;
110%
*57
61%
*43%
14%
95
:.:
62
44
*36
29
16%
Mach
Monsanto
20
28%
37
Monarch
■$4.50
26%
26%
37
95
107
107%
39
38%
110
107
Carpet
500
118
61%
38
101
*114%
*38
38%
100
116
10
112% May 23
26% Jun 22
3
106y2 May 16
7% Jan 23
25% Aug 13
100
21% May
97
Apr
9
18
33y8Mar 10
Mo-Kan-Texas RR——No par'
k7% preferred series A
100
Mohawk
2,000
D__
Mar
19% Jun
12
100
—
500
95
26
100
$6.50 preferred—:
Mission .Corp..
116
*43%
38
;
28%
93%
*115
*106 y8
61%
45
*28%
28
28%
93
116
115
.
107%
61%
*43%
.
*115
115
*106'/a
■
33% Jun
108
14% Aug 17
series
Apr
55% July
28% Nov
Minn
Power
112%
32%
53
preferred
Feb
22
Minneapolis & St Louis Ry—No par
Moilne
Jun
Jan
Apr
3
.4%
Oct
21
16
109%
Oe<!
Feb
24*
54% Jan
3
29%
Mar
24-
'
19% Jan
14-/
par
.5
No par 7
July
110%
27
Jan
—
11% July
'44
106% Mar
27
14% Mar 10
vtc—No par
4% Mar
32% Mar
?
47
Jan
B, vtc—__
23
Jan
37
Dec
Nov
6
35
Class
Jun
Jun
24%
176%
Mar
5
35
_5
Minn-Honeywell Regulator
4% conv pfd series B__
4V4% preferred series C
May
Dec
29
19% May
170
Dec
39
Apr 28
24% Jun 18
137
P & SS M A
May
115
10
St
25 %
16
May 17
% Aug 9
24% May 18
No par
100
1st preferred—
cum
Apr
43
Petroleum.
8%
Jan
13% May 29
)3teel Products—;
Midland
4%
37%
May
-
61% Mar
100
—
20
94
50
No
Co.
Co_
Mid-Continent
Minn
24%
preferred-
Min Trans
Machine
Metropolitan Edison 3.90% pfd
Copper
10
113%
1st
cony
Miami
3,000
•
9%
24%
43%
13%
46
9%
10%
116
24V2
24%
*113
1,800
; 1,100
3%
9%
*113% 116
116
1,200
*107
108%
90
15%
111%
112
*28
500
3%
*107%
*115
63%
45%
*109
111%
5 %
Mesta
30
14%
451%
*110
9%
200
63
3%
45
112
108%
•
'
156%
*107% 112
3%.
.1,800
3,500
40%
156%
>16%
*110
44 Yb
220
:
27
26%
42%
158
■'
v
Merch &
108%
7%
26%
13
80
,1,660
43'/a
108%
24%
1
38%
43%
12
Sep
51% May
25
98% Jan
1
Jun
25%
49 Va Apr 2T..V112
Mar 15
3
12% Mar 27
.1
(The)—
8%
Jan
28
107% Jun
17 y8 Jan
Melville Shoe Corp.
21%
42%
■',■■■■; 3
;
37%
*33%
42
Co.
—
22'/8
41%
;
Mfg.
preferred series A_
No par
$5.50 pfd ser B' w w—:—No par /
41%
7%.
109% Jan
$6
66
i
100
.
Aug
2
13'/a Jan
:
10
No par
preferred
25
15%
15%
V -5%
Oct
4
~
2 t
•
Jan
1
Dec
24%
16%
Va Jun
38
24
Apr
6
104% May 21
par
Co
Jan
'
21
25
19% Jan
18
—No
Stores
Jan
Dec
-16
20
25
52
10%
Feb
Feb
6%
Jun
Jan
rv
Aug 13
30 % Jan
par
5
$4 preferred
114
24%
24%
1
No
Apr
2%
Oct
Dec
22%
391
Apr
29
110
6%
10%
18%
27% Feb
Aug 14
19% Jan
7
100
w w
McKesson & Robbins Inc
17%
21%
•
65%
159
.1
preferred
37%
22
•:
McCrory Stores Corp
19
Jun
Jan
3
Dec
13%
4
27% Jan
Jan
14%
315
13
195
15
110
•
1,200
15%
37%
25%
McCall Corp
107
*102
*40%
No par
3,900
17%
103
*158
preferred-*.
2
108%
12%
4
8% Jan
14
27
47% May
5
32% Feb 13
12
40% Jan
/
par
Feb
Dec
38% May
■
-6
22% Aug 17
par
Jun
<1
24% Jun
104% July 24
No
Aug
104
30
34% July 17
—No
30'/a
29%
27% Jan
x26%
Mar
18% Jan
Mar 26
176% Jan
Dec
Nov
26 Va Aug 17
110% Jun
5
9% Mar 26
:5
McGraw Elec Co—
*104%
22
40
30
48
5% July 13
8% Feb 20
16
21% Jan
25%
148
16% July
18
No par
Mclntyre Porcupine Mines
17%
Oct
Apr
29% Jun
22
100
McGraw-Hill Pub -Co
29%
15%Apr
18% Jan
109% Jun
par
—
200
105%
9
No
Wks
300
:
>7% Mar
par
1
Co
Alkali
conv
2
par
preferred—
5%
-3% Jan
No
Maytag Co
40
24%
_.'
135
♦
Aug
6
10% Jun 13
17
.—No
Corp
cum
Deo
Jan
19
20
1
Co
800
*101%
7%
L)
preferred
$6 1st
Jan
„..
455
3
Jan
Jan
1C0
Department Stores
$3
7% May
14
24
100
preferred
$3.75
Deo
20% July
Feb
22% Jan
7
par
No
33% .-■»
105
108%
prior, pfd
Martin-Parry Corp
May
3
Jun
5
4%% .preferred'.
56%
*103
39
Market St Ry 6%
Mathieson
20%
44
165
34%
Apr
110
Mar 28
1
Marshall Field & Co
Elec
16% Feb
5
Maiacaibo Oil Exploration
Midland Corp
Masonite
v
Jan
3t
59
2
par
Marine
Master
47% Jan
par
1
No
23% ,1
*102
33 %
Co
56%
105
65%
Bros
'33%
24
15%
*41
425
*22%
*102
*
17
50
Magma Copper
Mahoning Coal RR Co_#
(Glenn
Apr
36% May 29
22
Martin
1
t per share
Jan
17%
151
21
155
24
Sugar
Jun
33% May 31
May 29
3
31% Jan
57%
105
21%
600
•
60
Jan. 16
106% Jan
23%
:
*104%
37%
1,400
•
23
111
•
28% Jan
147
100
20
(V-J Day)
10
100
No par.
10
400
:'.
Forbes
No per
Mandel
28
I
5
27% Mar
Mar 27
Macy (R.H) Co lac
4%% pfd series A
30
'.-'yy'j
&
Manatl
2-
Mr y 18
July
Highest
.
t per share
iiiiiiipiii
m
33%
*57
*112
24
15%
,;u
52
No
7%
36
-vr'
•
42
5,400
17%
114
24
12%
;
23%
29%
17%
*112
-
„
25
183
Mack Trucks Inc
% 193%
105
^ ' y:
•
700
*K)4%
29%
107
17%
"
——
2,200
.50% May
2
4
Jan
23% Jan ' 2
50
preferred
23%
57'%
*104%
•'
43
22%
-
18% Jan
166
No par
& Nashville—!
33%
23%
57%
•
19%
8,600
2,200
31%
*190
■
Louisville
:
30%
:
-h
23%
*110%
33%
23%
<w^.;:
■
48
23
24%
v;'.
120
3,600
24%
X42%
'
•
;
110
yy/41%s
110%
.
11%:
*46
41%
*23%
23%
106
16%
19%
;
j.-v£[ \
V-.
193%
110
47 lA
112
*41
43
600
7,700
110%
22%
■
'ii
36%
*105%
12 J
47
*110
:
X36
36%
106 Va
,
1^.■:
*190
:
\
29 Va
23%
23%
193%
106 Va
Vy-'jv
*28%
'! -.j;
?,
10
100
Manhattan Shirt
26 %
25%
■
*108
20
43
*190
.1'
■
200
8
16%
'^5,:.''A1*..f
v); -
'Jfl: ''i j
24%
18%
■] '
16%
26
110%:
:
4%
4%
Vy
1.200
28%
7%
25%
41%
:■
*108,
9%
17
*27
£'X'.
400
10
*15 Va
.
2,700
18%
8%
-T-
-f
~Li
4%
25 %
29%
X,-
25%
25%
110 Va
C*"
•
8
16%
16 Va
25%
*108
1
*4%
4%
7%
:.--1
'
/
17%
*27
4%
■
9%
*16
.
Co
Lowest
# per share
20
Madison Square Garden
400
440
440
-
•
(P)
preferred
6%
18%
18%
«...
.
•
7 %
40% Feb
Tear 1944
Highest
$ per share
23
.
Louisville Gas & El A
MacAndrews
109 '
*18%
'
•
18%
16%
*27
-■
4
460
9%
28 Va
16%
^^....
~-r
18%
36%
*107%
18%
*440
460
*9%
—'J
35%
i
109
*18
18%
*17%
."
36
<
109
*107%
•
-36%
*107%
35%
Range Si .ill t Tantiary 1
tannaryl
Lowest
Biscuit
ssfii!
53
:P
53%
Lorillard
155
527/s
_
33
»152Va
.'
.
_
.
Loose-Wiles
3,100
*31%
155
Range for Previous
NEVLv^«Ht5«0CK
EXCHANGE
Par
60
25%
■
*31% ¥■33
*31%
* 152 v2
.
.
'
Shares
Sharif
44
25 V2
55
the Week
$ per
share
--
24%
Sales for
Aug. 17
Aug. 16
$ per share
172
25%
,
STOCKS
Friday
Thursday
Aug. 15
44%
RECORD
PRICES
Wednesday
■
$ per snare
share
*43%
HIGH
Aug. 14,
Aug. 13
per share
AND
8
70
110
100
May
Oct
Oct
24% July
84
Nov
f
Jan
4
13
Jan
5
19% Jun
20
8"%
Jan
14% Aug
53
Jan
5
58% Jun
30
43%
Jan
53%
•
Nov
116%
Feb
Oct
N
19%
19%
19%
19%
42
40%
41 %
38%
40%
24%
24%
24%
24%
24
24%
24 %
24%
24 Va
24%
13%
13%
*11%
•
13%
18%
41%
.
17%
19'/a
;
14
*11%
18 ZV
17%
'
24 '/a
#
25 Va
190
CO 4*
22 %
24%
*184%
22%
*21%
(V-J Day)
13%
14%
5,900
Nat Automotive Fibres Inc
14%
18
17%
25 Va
24%
190
*184%
22%
14%
14%
xl4%
*14%
14%
14%
29%
30%
22%
23
*22
15
39%
41 Va
41Va
42
42
17 Va
102%
17%
26%
26
*41%
17 Va
>
103
103
26 Va
..
*158%
26%
*33%
34%
&
Share Corp
1,500
National Container
1
14%
14%
14%
200
National Cylinder G is Co
X29%
30%
3,900
22%
22%
500
*11%
12%
41%
t;
42
41
4,800
42
400
17%
18
11,000
Xl01%
102
26%
26%
26%
186
158
16%
26
16%
200
2,200
27%
*33%
34%
34%
100
11 Va
10%
10%
10%
10%
16,600
71%
71%
71%
72%
1,700
24%
24 Va
24%
24%
24%
24%
34%
.
15%
15%
16
16%
15%
27 Va
27%
27%
28%
28%
600
No par
Nat Enam & StamDing
$4.50 conv
10
preferred A
6% preferred B—
7%
Nat
Mall
& St'l Cast
Corp.-.
Co__
National
(The) Pa
$2 conv preferred™-.—
5%%
103
*17%
*17%
xl7%
17%
500
National
11%
11%
11%
11%
11%
11%
500
Natomas Co
—.
17
17%
17%
17%
17%
17%
800
Nehi Corp
,
40
39%
39%
200
Neisner Bros Inc
*106
109
*39%
.*106
109
*76%
80 Va
*76%
80%
*103%
104%
*103%
104 V*
*107
108%
*107%
108
34
34 %
34%
34%
*76%
103
*107%
33
16%
25%
25%
17%
xl6Va
16%
16%
110%
24%
110
.
*10G
110%
110%
110%
26%
25%
210
cony
Tea
Co—
10
-No pai
1.200
2,500
6,900
Newport News Ship & Dry
$5 conv pieferred
J
No va?
.
see
page
795.
-,
-
>.
■
%
Feb
37
Dec
Jun
Jan
Feb
Feb
28
163
May
7
141
Jan
.4
18
Feb
5
16
Dec
Jan
2
29
Jun
21
17%
Apr
23
Jan
4
37% Jun
28
34
7% Jan
28%
Apr
2
11% Jun 22
5%
Feb
Apr
6
77 Va July 11
57%
Feb
22% Aug
3
27% Jun
11%
Feb
33
65
.
Jan
-
6
>
19% Jun
Dec
25 Va
19
164
,
Dec
104%
5
2,
Deo
Mar
14% July
Jan
7
181
159
;
Dec
Dec
22% July
7%
70
Jun
Jun
Dec
July
18
1
17% July
24% Nov
30% Mar
92% Jan
15
105
Jun
14
79%
Feb
95
Dec
97% Jan
17
105
Jun
11
83%
Jan
98%
xJiC
6
5%
Jan
11% Nov
33% Mar 16
.
10% Jan
3
.
10% Ja i
3
12% Feb
24
15% Mur 26
18% Apr
18
30
Jan
22
103
,
F( b
6
;
Jan
4
-
Aug
17
105% J m " 4
32% July 26
(
•
-
25-
18% Jan
Xl6% Aug 14
9
Jan
109
-
•••.*■
12
37% May
Jan
9
87%
24%
May
Jan
.
21
,
10
Dock—1
—
26
25%
•
'•>
16 Va Jan
pfd_100
Newport Industries-.
17
1
7
20
•
% May
103
;
Jun
23% Aug
14% Dec
29
100
Jersey Pr & Lt Co 4%
-
Jan
192
66
Newmont Mining Corp..
Jun
19% May
108
26
8%,
5
No par
(J J)
5% preferred series A
Jun
44
4
155
1
—
26%
400
,
2
Jan
177% Jan
No par
■
For footnotes
Jan
serial preferred—100
New
108
110%
30% Feb
Newberry Co
80 Va
33%
44%'Jun
22
conv
; :
109
103%
43/4 %
Jan
.
*102
17%
40
Jan
11%
preferred—.——100
103%
prior
Jan
13%
15
103%
6 %
19%
12% Mar 14
5
26% July 26
103%
17%
20
X32% May 18
26% Feb 28
2
9
;
.
102%
t
Feb
,
-102
Dec
xll%
10 V
102%
Apr
27
40
102
Dec
17%
34
16
Jan
.
preferred—100
prior
102
21
4
24
.
Sugar Ref Co___—_No par
National Supply
Feb
16% May 18
13-
——No par
25
18
9
26
Dec
Dec
Dec
26 -> Apr
X10
Sep
37
4
National Oil Products Co
15%
24%
181
28
24
24% Jun
xl01% Aug 17
.
July
-13% July
Jan
28
35% Jan
:
Dec
V 13 %
:
Mar
17% Jan
Apr
Dec
Dec
19%
20% May
x36% Jun
11% May
par
National Steel Corp™
9%
17% July
41%
20%
•
165
6
21% Aug
100 ,
100
1.
National Power & Lt
400
1,400
;*
No
9
2
24% Jan
.
Service
Linen
27
23
.,
1
No par
May
5
.
No par
preferred
National Lead Co
National
.
—10
420
16%
27%
*<;■
No par
National Gypsum Co
'30
'/
—No par
preferred—
Nat Distillers Products
30
158%
,16%
26%
4,500
186
Products
National Dept Stores
400
40%
17%
103
39%
Nat Dairy
% 6%
26
192
Jan
13
1,
23
22% Jun
24
10% Nov
12% Mar
14%
30
25
25
13y2 Jan
31% Apr
14%
12'/a
Jun
20% Jan
No par
10
No par
Cash Register
16
23y4Mar 26
182
;
15%
72
*39
13% Jan
:
10
100
Nat
10%
*102%
Jan
Jun
15% Jun
9V2 Mar 26
National Can Corp
71
102
9
7
29
11% Mar 21
5;
Corp
.
preferred
Bond
Dec
22% May
16 % Mar 27
1,100
•
162
26 Va
Nat
28
18
2,900
*158%
25%
200
Jan
15%
162
*16
National
22%'
Aviation
Jan
137/a
1
National Biscuit-Co
1%
28
26
35%
v..
188
16%
.
21
Jun
15%
*186
*16%
2,300
5,400
^
Jun
27
34%
186
186
18
25%
188
54
2
15% Jan 20
10
preferred
conv
23
20 % Jan
1
,*11%
34
23
Co
14%
15
29%
Airlines
6%
Apr
35% Jan
:««—9
Louis
St.
11%
100
1
&
Acme
14%
33%
*11%
Chatt
National
1,100
33 Va
12 Va
Nashville
1,500
;
24%
<14%
*11%
420
Nash-Kelvinator Corp—.
24%
14%
,
16,500
National
33 Va
*
Closed
1
I
i
i
i
iirf
22% Mar
X43
May 29
108% Mar 12
81% Jun
7
9
18% July
32%
96%
Jan
105%
56
Jan
68
II>V
Dec
110
Jan
106%
28
28
104
39% Feb
Jun
23
19% Jun
Jan
11% July
Jan
Jan
26
110
Mar
13 %
22
Dec
Oct
Deo
Dec
106
27%
Apr
35
Dec
16%
Apr
22
July
26
13
Jan
llO'A Julv 18
97
Jan
108% Apr
28
18"%
109
Dec
Dec
wuV
4 > *Vvt 'ric£Wr
*
&
i
>.
■
&
r ,tv?
\
.«y,
,y;v.-—-
'
.
.'
•*
•••
'
••
Aug. 14
:
9 per mar«
g
t per snare
v
50
24 Vs
24%
54 %
55'/4
24%
54%
120%
123
120
31%
600
54
194%
121
25%
118
Jun
62
Jan
28% Jan
2
39% Jan
8
58%
10'A
*108%
26%
110'A
16,700
States Pow $5
Northern
40
51 Va
51%
52 Va
270
Northwestern
10%
700
54
14
14
10%
*52
14
13%
110%
109 %
*108%
16% ". 17
27%
26%
16%
107%
107%
\;7
17
27%
27
13
13
13
13
117
117
19
19%
163
*161
—
'7;-
■
.
•,7'^W
*24%
'7-.-
—
.
*74
76
76
63%
64
Mar
6
53% Jan
16
59
20
14 %
9% Jan
64 Va
:
19%
*161
mmmm-
3,100
6%
64%
65%
2,200
14 Vs
14%
400
*13%
•■•N'7-"
14%
30
Dec
11
Jan
218
Dec
2
116%
Jun
122%
Dec
15%
Jan
19%
Dec
52
56
Oct
Jun
54%
Dec
7%
2
Jan
51%
July 31
2
Mar 17
3
HVa Jan
2
Jan
4
13% Jan 22
23% Jan
2
107
116% Mar
47% Jun
Jun
11%
106
Jan
Oct
Dec
22'A
Dec
Jan
112
3
115%
Apr
Dec
Jan
31%
37% Feb
4% Jan
50%
Dec
7
July
Oct
17%
28
52% Aug 17
11% Jun
Sep
Jan
58% Feb 23
July
47%
33%
193%
100
Apr
Dec
21
21
xl3% Jan
107% Jan 12
16% Aug 13
24 Va Jan 24
106% Jan
3
1
Jun
16
40'A
Jan
53
14% Jun
18
12'A May
16
Jan
111% Mar 7
20 % Feb 28
30% May 8
104% NOV
109
Dec
113% Mar 14
105
55
15%
20 Vs Mar
Sep
28%
23% Nov
108%
Deo
16% Mar ,5
99 Va
July 31
23
Jun 22
28% Feb 16
118
108
Aug
8%
Oct
Dec
14% Dec
Jan
18
Apr
147
Oct
11% July
8% Apr
May
24% Aug
157
Sep
Jan 26
164% Jun
7
22 Va Jan 3,0
74
Feb 7
58
Jan
2
28 Va Jun
79
Mar
69% Apr
6
5
64
Jan
75~%
Dec
3
55%
Feb
64
Jun
13% Jan
2
11% Jan 20
15% Mar 17
155
2.50
Co
Jun
23%
26
12% Jan
JVo par
12.50
Glass
Owens-Illinois
198 Va
26
50
100
Outlet Co
20
76
Jan
14% Jan
129
35% Jun
6% Jan
10
& Mfg
Outboard Marine
25%
76
v.":
''."a,-
Dec
110% Jun
July 6
26% Mar 27
No par
preferred—
44%
9
46
100
Collins
Oppenheim
Jan
31
110
———8
Otis Elevator
163
*24%
im'
100
27 Vs
27
T
20
Jan
30 Mi
17% Jan
NO par "
Omnibus Corp (The)
8% conv preferred A—
1,800
11%
9
105% Jan
100
pfd
2
23
18 Va July
26% Jun 28
19% Jan
53% Jan
No par
convertible preferred—100
4%%
230
13
12%
*19
;*
•
>
25
257/a
124
2.00
4.40%
Co
Aug 17
Oliver Corp.
1,900
.
*115% 116%
«y;Vv.
••
•m-m.
76
63
ys'f
'Aw
'7'•••:-•''
163
*24%
Edison
118
No par
50
Oil Co
108
107 Va
/
19
*161
27
Ohio
Ohio
.
17
■■27
:i
_;m.
100
5,800
110%
Jun
"
26%
•26%
26%
'• •
;
16%
--
117
26%
y
*108%
sji/
—
—..
107%.
117
;
—
"
'
251
50
Norwich Pharmacal Co
400
14 «v="s
■/
44% Feb
2
pfdJVo par
Telegraph
Preferred
54
*52
54
13%
20
29%
July 11
Jan
1
50
100
Norwalk Tire & Rubber
10%
37% Jan
Dec
24% Jan
24 Va Mar 14
219
No par
51%
10%
1
5
100
100
July
118
;■
105 % July 23
50
50
Airlines
Northwest
43
2,100
July 26
15% Aug 13
10
42
*52
*19
200
preferred series
preferred series
North American Aviation
Northern Central Ry Co
Northern Pacific Ry
42%
lO'/s
107 Va
Mar 26
104
pfd
42
xl0%
109%
162
pfd__100
Ry
51 Va
51
57
5%%
10
24'/a
Mar 26
6%
12,100
110%
26%
111
Western
&
42
'
41
Jan
—BO
non-cum
North American Co
11,400
110'/a
10
10V4
110%
17
41
Co
Light 3.90 %
Adjust 4%
100
58 %
Harlem RR
25 l/a Jun
par
No
preferred
2
148
No par
Dock
York
N
600
58%
26
23
Y Shtpbldg Corp part stk
Noblitt-Sparks Industries
55
*110%
110%
103% Jan
Norfolk
25%
27
25%
110%
Dec
100
preferred series A
&
25
*108%
/;
Dec
100
35%
Power &
55
10%
109
23%
Jan
Y
25%
10%
10
Jan
19%
Y
55%
*58%
15%
15
16
N
25%
Aug
26
N
*54%
50 Vs
Apr
75 Vt Jun
$5 non-cum
10
35%
32% Jun
340
240 Va
118
51% Feb 15
22
New
3,600
43%
*42
I per share
f per share
I per share
22
400
15%
15%
15%
43 Va
•
Highest
Lowest
Jan
10
104 Va
Mar 22
/■y:
32
140
194%
104%
198
104%
f per share
1944
Year
Highest
City Omnibus Corp__.___.lVo par
N Y
100
239
109
•
31
206
15%
58%
'""•>
!!
45
6%
3,100
120
*57%
:
120'A
55
42%
56
•
217/a Jan
Central
N Y Chic & St. Louis Co
1,300
55
54
117
242
25
5
par
York
*119
*54%
.11
Range Since January 1
York Air Brake
New
X240
*119
!■
No par
New
248
246
%'
No
900
24 Va
•
>' '<vy'1\'
Lowest
Par
45,000
*50 Va
42%
k'VV '■
Range for Previous
24%
*22%
104%
16%
15%
*41
V
124
*50 Va
104%
r
•!
"
49 Va
24%
*194%
198
104%
'{I
STOCK
23 Va
24%
54%
54
*192
f
Monday, August 20, 1945
;
•
.
49
32 V4
25
*24%
■
.
:n7':y.::
*31 %
31%
31%
■1."
exchange
,-
.
Shares
6 per share
49%
24%
55%
*48%
49%
.
t per snare
snare
r per
per snare
•"
•
NEW YORK
for
the Week
Aug, 17
Aug. 16
Aug. 15
Sales
Frldav
Thursday
Tuesday
Aug. 13
Aug. 11
v^
STOCKS
AND HIGH SALE PRICES
Wednesday
LOW
111
RECORD
NEW YORK STOCK
Monday
'..
1
FINANCIAL CHRONICLE
THE COMMERCIAL &
/
Saturday
*vr».»
J/1
§
i
14%
14%
14
13%
14 Va
*13
13%
Closed
13%
Vs
iffff
(V-J Day)
VyV
8.
10
Pacific Amer Fisheries Inc
Co
Coast
Pacific
'
*62%
62%
62%
63%
27 Va
27%
*27 Va
40%
40%
50%
50%
51%
53
53%
53%
53%
132%
•
131%
132%
171 Va
171 Va
—
9%
9%
20%
18%
vj-
6 Va
6%
109%
36
36
Jy'y
—.
■
'•
—
—
:
•
■"
••
p— ;. '
7
MM1'
mm
'»•(
"**'
:
%y:'
.'
.
r'
ft;
;•
Pacific Western Oil
36,200
Packard Motor
19 Vs
29,100
Pan
1,600
•
15
M.M.-
'
3.800
6%
East
Paraffine
100
4%
40
1,100
Park
2%
2,200
Park
30%
2,300
Parke
*
No
16%
13%
29%
4%
56
103 %
1,200
Parmelee
4,600
Patino Mines &
Aug
8
3
67
*62%
119
118%
118%
35%
35%
13
13
66
——
35%
34%
13%
*13
■
7%
7%
82%
82
81
ioo'
mm
'
V,' 7
V. V; __■
V-mm—,:
mm
; ■'
't.-'-
mm"
y'Avv'
35%
35
.
35 %
34
35
86
N
•
■
.1
m.mm
,r.
*112
35%
35
.' *39
,
.
23%
22%
31 Va
31%
31
*105
*94
95
*27%
29
'•
.
*107%
*107%
*8 Va
8%
10%
10%
■
86 Va
16»/s
7
12%
Feb
2
7% Jun
26
3%
Jan
28 % Jun
30
17% Mar
6
~8%
Feb
19%
26
20
16
34% July 17
2%
Jan
*5%
Jan 17
22,400
8%
20%
—
;
104
-'■'
Vm.
mm —
«*.
6% Mar 8
18% Jan 22
26%
26%
65%
66
65%
*111%
112
Pet
'-"7
''**■
8%
900
if
10%
10%
700
-
——
Closed
26%
lyTfS
(V-J Day)
25%
25
28
*111%
28
ft
14%
14
'
'
■
"J.
65%
.*107
19%
*18
■w
180
20
■
:,
v.'*..-,
3,900
77
800
__
_
$1
Electric
Phila
36%
2,100
66
1,000
100
19 Va
100
&
Read
Coal
4%
par
*113%
*113%
■
118
48
47%
16%
31 Va
*30%
31%
105%
105%
105%
47%
*15 V8
135
*115
*115
>
6%
71%'
6%
5
No par
71
18
*8%
*93
95%
18
*195
*195
207
*201
7%.
10%
*107
7%
7%
11
120
10%
*107
-
60
60%
86
86%
32
60%
*86
32
.
15
*31%
15%
95
95
19%
14%
*95
19%
20%
'
7%
11
120
607/a
88
31%
99
19%
*27
28
17%
20%
.
' • '•
:.:,7
t
v
0:
w^.v
;
«mmm:
200
31%
*105%
105%
.
60
■
800
6%
6'A
800
71
70%
20%
*20%
21%
100
1
preferred
Pitts Screw & Bolt
No par
Pittsburgh Steel Co
No par
7%
preferred class B
preferred class A
510
5%
85%
500
5%%
200
30
1,700
14%
10
99
19%
5,700
Poor
21
3,600
'■
Co.
(The)
Creek
5%
Pocahontas
& Co class B
Pressed
Steel Car Co Inc
conv
1st preferred
2d preferred
63
60%
60%
56%,.
58
58%
58%
58
58%
1,500
Procter
23%
22%
23
22%
23%
6,100
Pub Serv Corp of N J
106%
Xl05%
105%
470
110%
106%
111%
*1.10
111%
111
111
330
119%
120%
*119%
120%
120
120%
140
134%
For
footnote's
135%
xl34%
135
210
795.
*61
105%
134-%
105
134%
■
300
5%
$5
conv
&
100
—100
pfd
100
100
100
1
100
Plymouth Oil Co
Pond
700
21
pr
Preferred
'mm'M.
i1
conv
Young & Ash pfd
PJttston
17
27 Va
ser
Pittsburgh & West Va
Pitts
'
1st
22%
63
10Q
100
Gamble-
5
No par
No par
1
_5
50
No par
—No par
preferred—
No par
6%
preferred
—100
7%
preferred—
100
8% preferred———.—-—100
Jan
Feb
X70% Nov
91
Jun
37%
20
16
26% Mar 19
Apr 18
40% May 29
Mar
18%
110% Mar
113
112
25% Mar
Jan
19
21%
Dec
Jan
33%
Dec
70 %
55,
Dec
32
Dec
29
39% Apr
Dec
40
Jun
18
Jan
Jan
5% Jan
28
23% Jun
2
88
26
Jaii
22%
17% Dec
26 Vs
Dec
Dec
43% Jun
18
10%
Jan
19%
Dec
117 % Jun
11
54 Va
Jan
96
Dec
116% Jun
25
33%
Jan
65 %
Dec
30
May 29
108
$ 23% Mar
Mar 22
9% Feb
105%
7
28
28 Vs July
Oct
Sep
107% Nov
9%
Jan
11% July 20
6
Dec
29% Mar
1
20%
Feb
26%
Dec
68% July
3
49%
Jun
59%
114% July 10
88%
Jan
108%
Dec
May
21%
Jan
26%
Oct
Jan
2
2
26% Jun
25
28% Apr
16
19
122
16
31% Mar 27
56 Va July 24
107% Feb
6
14% Jan 20
111
Mar 29
44 Va Jan
2
40
May
66
•
19
23% May
117
Apr
119%
Jail
37
Dec
Oct
July 17
Aug 17
Jan
23
Jan
2
July 13
70% Aug 14
6
.
Chemical Co—No par
No par
conv
60
30
*20
&
1,200
120
X85
20%
preferred
Coke
2%
113
Apr
Apr
21% Jun
120
Mar
7
24%
July
6
8
8
6
55
Mar
20
May 23
32
July 10
108% Feb 28
11%
x98
42%
9
23%
Feb
16% July
Jan
117
Nov
48% July
Sep
Apr
14 % July
Feb
28
105 Va Nov
108
July
Dec
__
100
3,000
10 %
58%
17
100
preferred—
7%
*107
18%
6%
8% Aug 14
17% July
5
Aug
77
105'A July 26
No par
Louis RR
Pitts Ft Wayne & Chic Ry_
7%
*27
St
Pittsburgh Coal of Pa
$5
10%
*95
C &
Jan
Apr
25
25
preferred
C
9Vs
40 Va
11
5
Pittsburgh Forgings Co
*201
14Vs
$4
Pitts
*8%
No par
Hosiery
Pillsbury Mills Inc
Pitts
135
*115
*196
15
Xl6%
20%
V.7-
mr
*30%
"'■;
*195
207
28%
20%
''
'
:
93
17%
*27
■y;-;
m. mm
Pncenix
100
Phillips Petroleum
1,900
'•■■V".'.
....
i
4,500
19
18
*196
*196
-
■
:;
:
"
48
17%
y
•201
y
ml
mm—-
47%
■
95
17%
r
'■<*
70%
9
■^•.7;
7:ww;<iy'y
6%
70%
8%
8%
95
——
::'
preferred—^—
18%
mm'Jm
mmmp
:
135
6%
mm.*
7%
118
*113%
-'
18%
31%
105 7/a
&
,'mmmm-
47%
16%
''7
24%
23
17% Jun
13 Vs July 24
'
118
Nov
Apr
5
21Vs Jan
100
Phillips Jones Corp
6
5
2
2
59% Dec
113
13%
24% May
25
3
Corp
preferred
8% July
20% Dec
2
38% July
118% July 10
1
Philip Morris & Co Ltd (new)
Jan
15% Apr
.24% Mar 12
Jan 23
57
Jan 25
106% Jan
2
J00
Iron
2
25
2S
50
No par
&
Jan
Apr
106% Jan
8
Jan
9% Jan
20VsJuly
No par
com
preferred
vnilco
109'A
Co.
preference com
4.4%
4,000
19%
-
Phila
14 Vs
109'A
'-4^
J. ^
'V
28
65
*'•',}
—
yi'U
20
& Co Inc
Jun
93% Feb
69
Jan
6
14% Jan 23
21
July 27
19'A Jan
2
92% Jan 19
1
Phelps-Dodge Corp
Philadelphia Co 6% preferred
$6
preferred
No
Aug
23%
51% Apt
i 26
Corp of America
31 Va
Feb
May 17
Jan
33% Jan
2
37VsMar28
30% Jan 18
100
8
1
Pfeiffer Brewing Co_.
Dec
Apr
4%
.2%
May 28
63
2nd preferred
(Chas)
Dec
37% July
72
No par
Milk Co
Petroleum
30
Sep
123
100
1,000
120
36
mmLm-
r
■
110
Co
5,300
25%
*27%
*118
m_—.-'\rX Ww'-'-i".
13%
36 Va
65
110%
*17
•
■
14%
34%
65
65
•
— —
(Chic)
Ry
Co
Pfizer
111%
25'A
mmm»
iiimm•
120
14%
35
34
*107%
.'
27%
27%
*118
100
50
10
._5
100
100
33%c
100
100
66
x25%
111%
/.■ :7;''
No par
Corp
20%
66
::v^-
25%
25%
-
120
*118
7;WAj'.-
65%
112
•
par
No par
oref ser A
Marquette Ry Co
4%%
V
■
'
:
No
26
20%
—
—
109
Jan
5
59
No par
1
10
preferred
8%
'
m-—
Corp
5%
29%
Dec
23%
27
106
Mar 9
21% Jan 10
12% Apr 13
4
Jan
2
62
Mar 26
19
Jan
3
112
May 5
.—JVo par
Corp.
prior preferred
*107%
July
109
25
1,000
93%
*27%
Pere
61
Jan
16% Jun
5%
•■
'<
1
26%
£y':y:-
-
Jan
103
18%
.
Eastern
&
45
July 26
26%
1
5
Dec
71
28
par
July
110
27% Feb
Mines—1
Cement
Pepsi-Cola
6% Aug
25
Jun
5
6% Jun
33% May 17
1,300
105
90
■'mm
Peoria
800
30l/s
30
t
av
m.m.
•"
20%
r'
,
'■
.
10% ? 10%
20%
\
mmmm
600
22% Mar
29 % Feb
21% Jan
Peoples G L & Coke
300
24%
7;
;
Sep
7% July
17% Dec
Apr
Airlines
Glass Sand
163
Jan
1 %
preferred
Pennsylvania RR
Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc
300
34%
85
conv
Jan
4%
20
5%
16,800
23
^v'
m.
'•f
■' A.J|V—
•——7
109
8%
mm mm
mm mm
29%
*27%
109
20%
•V
: 108
94
93%
■
.
31%
106
105
■
^
^^
23%
23%
$7
Penn
■
39 Va
.
16
.',77;
-mm.
——.'v
-
Dec
149
3% Jun
No
Coke
&
Penn-Dixie
mm-';
-I,' "f-Vy'-.V"'
'
18
,
800
22%
.
34%
85%
*16 Va
18
*16%
8,000
85%
85%
*22
'
35
85%
34
86
M*
mm,""--:
'
&'
'''xl
'
mm
'•
39%
*38%
39%
*38%
m
-iL
-mm.
35
500
8%
Coal
Penn
1
23
Aug 17
5
Co
Penn-Central
■
■
— mm
*112
*112
Penney
12%
8
■.
85
22%
*22%
35 %
12%
mm
'
22%
*22
119
118%
35
..
,
8%
7%
r
mm
—.mm
(J C)
1,100
2,200
'
«...
Dec
123%
22
Enterprises—.—.10
Penick & Ford
200
65%
65%
■
—
42%
Apr
26
31
•
'
*64%
118%
Jan
34% Jun
No par
8%
18%
25%
117%
45 % Mar
Transportation^
8%
Dec
5
27% Mar 26
2.50
18%
Dec
Dec
48
32% Jan 22
2% Jan 24
& Co
Davis
25%
35%
Jan
54% Jun
Jun
Jan
Jan
2
10
Sep
Apr
17% Jan
26
53% July
133
v
39%
3
42% Jun
175
Sep
30
32% Apr
3
14%
48%
Jan
1
Inc_
Inc
Consolidated
Utah
Mar
Jan
Apr
Mar
Jan
8%
39
July 11
ex-privilege—1
Pictures
& Tilford
par
100
preferred
Mar
5% Jan
5
Parker Rust Proof Co—._
100
24%
*24
■
;yy
—
6
16% Jan
Pipe Line—No par
1
Inc
Cos
conv
Paramount
14,800
32
37%
160% Jan
Prod. & Ref.
110 Va
2
48
Jan
3
38% Mar 27
121 % Jan
3
:
2%
Transp
Panhandle
"
:
&
Panhandle
69
.
30 Vs.
•yvr-f-
—
Petrol
9
Jan 24
34 Va Jan
No par
2,700
31%
6
Corp;
Car
American Airways Corp
Fan-Amer
24
100
100
1
10
& Teleg
Telep
preferred
7%
v
No par
Pacific Tin Consol'd Corp
26,500
10
2%
v—-
■
-mm.
19
6%
50
45'A Mar
.
-JVo par
20%
36%
m.—
,
Pacific
_120
131%
171
31%
-;!
;''7'vC«^mm
/
.
8%
18%
Mills
*109%
*mMM
24
"8%
Pacific
•66
—:
■;
2%
24
8%
700
30%
'
30%
18%
53
■
\itx~rr
7\v
24%
Lighting Corp
*14
■
V;-
*8Va
Pacific
18%
■-M-:
36%
18%
400
20
;M—-
<
mm'
32%
,30
;
50%
r
-25
Electric
&
7
mm'
'. v.-
.
110%
2%
30%
*24
■•
70
A 36
2%
2%
30
:iv; '
t--
31%
32%
Gas
9%
'!
;
*109%
109 Va
31%
Pacific
171
'...
'
6%
6%
3,200
■
*130%
15
70
68
*64
"V'Ji0
20
40%
50%
mm'.
■
31%
31
31 Va
'
-.mm
—
2nd
27%
40 Vs
mm
•
preferred non-cum
No par
preferred non-cum__JVo par
1st
30
64
*27
52%
}
mm—
19%
*14
30%
*62'A
y
—
——
—
„
7%
18%
15
*14
" '
'.'Immm-
20%
7
19
'
'
.
9%
20%
7Ve
1
132
9%
7
■
172
*171
20%
-
."mm
40 Va
50%
'mrnmT'
27%
40 Va
67
13
10% Jan
15% May 21
'
8% Mar 22
85 Vs Jan 15
15% Jan 31
-I
190
Jan
2
6Va Jan
4
8'/a Jan
2
99
Maf 10
49% Mar 27
68
Feb 20
21
Jan
2
198
Jun
9
12% Jan 19
74 % Jan
27
17% Jan
2
24%
12%
16%
17%
50%
3
Jan
Jan
Jan
Jan
Jan
Mar
8
22
30
22
55
27
17 -Jan
2
102% Feb 16
106% Jan 30
110
Jan
4
121% Jan
3
8% Jan
94
Mar
2
5
Jan
8%
Dec
1
61
Jan
92%
Dec
Apr
10% Nov
10% Feb 19
99
Aug
2
20
May
5
7Vs
68%
Feb
90
Nov
11%
Jan
17
Dec
J 64 Va
Jan
171
Mar
183
Apr
190
Aug
—
205'A July
9 ' Feb
12'A Jun
105
May
69% Jun
91
9
19
27
28
26
Jun 26
43% Jun 6
198
Jun 9
17% May 22
98
Jun 11
25% Apr 30
28% Jun 18
19% Jun
21% Jun
21 Va Jun
65
Jun
62% Jun
26
Jun
109 % May
xll7 "Jun
123% May
138% May
25
28
27
27
4
21
2
14
9
3
4% Jan
6%
6% July
Apr
9% July
82
Sep
100%
45
Sep
61%
Jan
57% May
73
Dec
11%
22% Aug
175
8%
69
16%
Jan
Nov.
175
Dec
Nov
Jan
14%
Oct
May
83%
Nov
Sep
19% July
25
19% Jan
May
8%
Apt
13 Vs
11%
Apr
18%
11% May
35% May
18%
Dec
55 Vs
Dec
59
52% May
Dec
Dec
July
13%
Jan
18%
Dec
87%
Jan
18%
Dec
96
Jan
109%
.
Oct
104% Jan
113% Nov
113%
122%
Jan
Dec
?%• V^''? """-VrfTH
Volume
LOW AND
f per shareJ
yYy.Yy
'
■'
:.
;
,,
!•
;
:..
115
*114%
115%
50%
52%
5,500
18%
18%
19%
8,900
Ilia's
*111 a'a
111%
200
a%
109 %
109 %
109 %
200
5%
26
26%
;x24%
17
17
—
13%
13%
Day)
,
\
26%
Vy
17
*16%
pf\
Pure
18%
111 A
109 Va
25
1.6%
13%
14%
96,100
86 Va
85%
85%
1,400
9%
400
'
I per share
Jan
20
55
Jun
26
No par
24
21
Mar
7
110% July 17
115% Apr
9
109%
106
100
109
109% July
27
Feb
5
103
May
4
No par
Corp
23% Jan
3
.11
15% Jan
22
10% Jan
2
Quaker State Oil Ref Corp.
18
52 Va
July
Sep
14%
preferred
preferred
Feb
Jan
37%
Jan
per* share
119%
18
Mar
113% Nov
118
22
17
conv
Highest
I
I per share
47% Jan
113% July 17
No par
pfd $5
tTnej
on
Lowest
No por
Purity Bakeries
,1,500
16%
•
f per share
1944
Year
Range Since January 1
Lowest
Highest
Pullman Inc
*108%
18%
Ilia's
Range for Previous
STOCK
Pub Ser El & Gas
250
52
18%
YORK
EXCHANGE
Par \
51
111 sV
v':
■
for
115
:YY 109 Va
26%
\vr."
■..:'
vv^i
793
Shares
S per share
t per share
share
NEW
the Week
52
50 Va
•
S per
share
Sales
Aug. 17
Aug. 15
115
115
:
9 per
per share
FHda*
Thursday
Wednesday
Aug. 15
Tuesday
Aug. 11
t
«w *
STOCKS
HIGH SALE FBICE3
Monday
Aug. 13
Saturday
Aug. 11
^Y^Y
£>
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
162
I1'V }y'V^Vi WV'^-^' ^'jy'^i^n
Jan
115% Nov
Jan
108 Va
Dec
Jan
24%
Oct
8
16
Feb
19%
12%
Jan
16% Aug
R
13%
12%
Radio Corp of
—
9%
9%
9%
98%
98 Va
98%
98%
105
105%
105%
105%
*35
35%
34%
35
20
20
9
,
97%
—
—
86%
9 Va
—
—
—
86
85%
— —
.
——
—
19%
—
—
—
■Y;
— —
36%
•
..
36%
21%
—
20
22
*36%
21%
460
105%
200
19%
■
37%
20'A
37
••
37
1,300
200
22%
21%
22%'
390
36
*35%
'
11,100
99
105%
•Y
$3.50
3,100
"
—
'
*45%
46%
*45
42%
..
'
— —
42%
;Y *42%
— —
••'Y;
/:
21%
21%
20 Y
'
*117
122
*118
47
wu.
r
.
...
..
.
42%
42%
22%
20%
20%
'"'f ■ *''
71%
1
71%
71%
22 %
22%
23
33 %
*31%
;/Y-
—
'...
71%
*100%
....
32
32
23
33%
100
27%
3,500
27
102%
*101%
X-
Y'.
'
23
22
22%
22%
22%
22%
——
(Robt)
1,500
:
Reo
Apr
1017/a Jun
26
85 Va
Jan
107%
Jan
33%
105% Aug
1
Jan
Dec
12%
8
Feb
18
Feb
34%
Dec
July
29% Mar 19
15%
Jan
21%
Dec
Jun
16
323/4
Jan
42%
Dec
45% Jun
19
27 %
Jan
36%
Dec
24% May 23
5%
Jan
13
Dec
50
137
90
Jan
2
50Va
Jan
85%
Dec
20
11%
Feb
18
Nov
18
Feb
24
Dec
23%
Dec
Jun
13
82% Jan
24% Jun
July 26
Jan ' 9
Jan
3
Jan 22
Jan
Dec
10% July
28
21
38% Jun
17
Jan
28 %
7
23% Jun
19% Jan 30
43
Mar 5
36% Jan 31
11% Jan 22
25
July
BOVa
14
39% May
16
Mar 26
34% Jan
2
69%
17
22%
22 Va
99%
15%
Inc
Motors,
7%
-Y 116% Apr
Preferred with warrants
;
Jan
25
91
103
No par
10
1
Remington-Rand
'
69 Va
Jun
100
—
& Co 1st pfd
Reliable Stores Corp
Reliance Mfg Co
200
27%
102%
Rels
90
*32
27%
'
102 Va
:
Apr
28
10
100
Preferred
*22
*100 %
27%
27
..
5,600
'•'•VYY
71%
71%
•••
400
122
*116
122
*21 Va
* '
—
— —
.
■
43%
'
.
*45
•'
'
47
12
8%
87% Jun
7% Mar 26
Jan
2
July 18
33% July 24
Amer
1st preferred
conv
14% Aug 17
78% Jan 15
No par
No par
Radio-Keith-Orp" -urn
1
6% conv preferred
100
Ralston Purina Co 3%% pfd—100
Raybestos Manhattan
No par
Rayonier Inc
1
$2 preferred
25
Reading Company
50
4% non-cum 1st preferred
50
4% non-cum 2nd preferred
50
Real Silk Hosiery
5
*
35% July 12
28% May 18
14% Apr
X83% Mar
102% Aug 10
5
27% May
3
,
8%
1
155
Dec
09% Nov
16
Apr
Aug
•
8%
—
9%
22 Va
22%
—
;Y.'Y'LYY/Y
107 Y
20
107
..v
-
•.
:::'V''
k
90
20%
21%
3,100
107%
20%
107%
80
17%
16%
17%
17
17%
1,500
33%
33%
35
34%
35%
7,900
*38%
40
*38%
40
Y
18%
*38%
Y:'. 1-V-
YY
18%
11%
18%
-
18%
18%
12
2,700
23%
1,700
Y-
11%
23%
23
7%
*7
——
11%
22
11%
7%
*7
7%
24%
25%
25%
25%
36%
38
38
38
38
18%
.■
25%
36%
--
24%
:,Yh
Y
800
19 Va
X18%
45
45
44%
,
:
20%
20%
20
■
111
111
110 %
19%
Closed
300
1,500
43%
500
20%
42%
(V-J Day)
2,800
11%
3,900
59%
4,700
112
*110
114
*112
24
*53
111
114
3,100
Sears Roebuck &
20%
21%
21%
2,400
Servel
113%
*112%
113%
8%
88%
*7614
16%
1514
*61
25
26%
6%
6%
6%
36
36
*35%
36
*35%
36
35%
35%
100
15%
15%
17,000
178%
\"
^
^
•
■; •
Y'
15 Va
32,000
900
4%
4%
20%
20%
400
44%
2,300
4 Va
20
179
*177
179
South
8%
30%
30%
30%
2,100
18%
18%
18%
19
1,600
44%
x41 Va
70
88
88
88
42%
45%
32,700
43 %
39%
42
13,300
Southern
71V4
69%
71%
88
88
88
130
14%
14%
14%
300
7%
3,700
Ohio
stk
'
15%
15%
15%
16%
5,500
89%
89%
88%
89%
170
41%
*40%
41%
40%
40%
600
Square D Co
12%
7%
8
*80
87
*80
87
*80
87
*35%
36
36
36
x36
36
29%
30
29%
30%
*65
Y'V
66 Va
*52%
-
^;
300
13
*12%
12%
52%
*65
52%
29%
28%
100
52%
*52%
52%
4,600
66
66
66
400
5 Va
Jan
24% July
Jan
34% July
14%
21% May 18
Apr
17%
19
Jan
23
Feb
9
27% May
5
23% Apr 17
115% Mar
9
110%
Jun
38 Va
Dec
115%
Jan
Dec
Dec
12% Jun
28
7
Jan
9%
68% Jun
26
30
Sep
39%
23
105
Jan
109 Va
Dec
37% Mar
45 Va
Nov
111
Feb
53% Aug
6
Dec
13
114% Jun
109
Feb
115
Nov
108
Jan
110
Jan
113
Aug
2
28
Feb
19
20%
Sep
9
Jun
16
2%
Jan
8 Va
Dec
84
Feb
106%
Dec
16%
Feb
122 Va May 28
22% May
114
7
Jun
14
24% July
27
10% Feb
25% May
23% July
95
8
Dec
13
3
May
18% July
Jan
78 Va July
63%
May 16
9
Dec
15% Aug 17
11%
Sep
14% Mar
79
72
Jan
76%
Jan
15%
Oct
48% Jan
61%
Dec
20%
28 Va
Apr
7%
Dec
Aug
6
9Va
18% May 29
67% Jan
3
28% May
8
8% Jan- 17
3
Sep
May
Oct
41 Va Apr
23
24%
Apr
35%
36
12
23
31%
Dec
16
Dec
17% Mar
7
10%
Apr
Feb
Jun
Sep
42%
Jon
Apr
18 Va
Jan
Jan
23%
Jun
5
Apr 20
Jan
2
Jan 20
Jan 31
Jan 22
64% Jan 22
80% Jan
5
par
11% Jan 24
6% Mar 27
7% Jan 2
80
Feb 2
32
Mar 27
27% Jan 24
47% Jan 12
50
July 23
12% Mar 27
76Va Jan 9
1
37% Jan 10
100
15%
89
12
Oct
Dec
25
1
July 16
46% May
173/8
Sep
100
tr ctfs
40%
—.*•
7%
*11 Va
8% Mar
26
39 % May
Jan
13
May 22
Nov
19'/a
11% July
13%
100
14%
7%
7%
*14%
27
39%
Jan
Feb
8%
22
No par
preferred—.
88
14%
May
13
28
5
No par
Spalding (A G) & Bros Inc
tsparks Wlthington
No
Spear & Co
$5.51 preferred
—
No
Spencer Kellogg & Sons
No
Sperry Corp (The)
Splcer Mf<? Co
—
No
$2 preference series "A"—No
Spiegel lie
;
Conv $4.50 preferred
No
*14%
36
13% Feb
Dec
24% Jun
7.50
Railway
non-cum
Mobile &
Jan
35
25
Natural Gas Co
45%
5%
28
6
100
Southern Pacific Co..—
1,400
27
15% July
35% July
7
No par
Rico Sugar-*
California Edison
Southern
8% Jan
39% May 31
21% Jun 26
Y
100
19% Mar
-
preferred
30%
46%
Iron
Am Gold & Platinum
18%
72%
&
Southeastern Greyhound Lines
30%
/43%
Steel
preferred
South Porto
Apr
54% Mar
Aug 7
July 27
Apr
4
600
15
Jan
85%
8
4%
20%
40%
155
26%
17
38%
' 32%
62
31%
10
2
1
400
62
Dec
Jan
15 % Aug
Jun 22
Jan 22
July 27
Jan 2
31
Dec
16%
63
41% Jan
22%
: 48%
29%
13 %
Xl4%
88
Aug 13
15
No par
Smith (A O) Corp
10
Smith & Corona Typewriter_No par
Socony Vacuum Oil Co Inc.
„
15
.44
71 Va
•Y
1
100
20%
42 Va
A
Jun
8
16% Jan 22
78
Jan
3
12% Mar 27
74
May 15
13% Jan 23
59 • July 23
24"% Aug 17
5% Mar 21
32% Jan
2
30% Feb
2
15
Mar 26
24
$1.20
Dec
12 % July
20
Skelly Oil Co
Southern
44
—\.
1
Sloss-Sheffield
'
!■J*
lll7/a Jun
200
18%
Y- Y
■
9
17% Mar 26
2,100
30%
'
99% Mar
16%
45%
*177
178%
No par
37
Jan 23
19% July 27
110% July 25
8% Mar 27
38% Jan 2
Xl05% Jun 22
x42% Feb 23
111
Aug 14
108% May 1
23
Jun 19
7
Mar 8
•
46 %
44%
4%
No par
Oil Corp—
July
35% Jun
*23%
•
■•rY
No par
Slmonds Saw & Steel
Sinclair
5
Coalition Mines
21%
102 Va
Jan
22% May 21
*15%
f
X20%
4%
No par
No par
IS
Pen Co
Apr
Jan
63/4
109% July 16
"» 21% Mar
6
45%
-4
63%
20%
No par
No par
Simmons Co
24
47%
No par
No par
Oil
Shell Union
Silver King
31
:
2,200
1,000
63 %
4%
Sheaffer (W A)
1,300
31
20%
1
Gas__
Corp
Sharpe & Dohme
$3.50 conv pref ser A
Shattuck (Frank G)
6%
63 Va
46
Steel
37%
*23 %
14%
No par
$5 conv preferred
6%
16
.
Shamrock Oil &
Sharon
36%
15%
15 Va
-—1
6%
31%
14%
No par
Co
Inc
25%
24%
5
Corp
Seagrave
36%
62%
'
40
25%
31%
vY/'Y'
1,800
60
X60
15%
23%
.
16
46%
23%
-YY;
13,600
15%
15%
Y
50
79
16
62%
46%
16%
800
*76%
15%
YY *15%
1,300
15%
14%
15%
79
46
15
v'45%
8%
21%
21
*88%
No par
$4.50 preferred
89%
8%
8%
21%
88 %
Y" 14%
60%
36
No par
No par
No par
Seaboard Oil Co of Del
121%
21%
14%
25%
■
20%
81
16
300
;
*7%
-
60
800
8
120%
21%
14%
24
7%
,
89
♦76%
114
100
preferred
$4 preferred
120%
8%
8%
*112
Y 24
3%
$4.50
*112%
20%
21%
> '
120%
113%
88 %
■
10
5
100
5
i
Joseph Lead
5%
24%
8
20%
St
Safeway
16
87
107
Mar 27
Jan
2
Jan
2
Aug 7
Apr 10
33
Mar 26
177/a July 17
1
Rustless Iron & Steel Corp
26
Jun
17% July 10
16%
10%
16%
6%
19%
No par
(The)
24%
7%
120%
*112%
111
111
*112
■,
v
8
Urm'-
52%
107
*106
24%
>
119%
,
108%
Co
60
10%
58%
52%
Ruberoid
111
10%
58%
*106%
—1
-No par
Ritter Company
No par
Roan Antelope Copper Mines
Royal Typewriter
1
Corp
Scott Paper Co
10%
57%
52%
Oil
26
•
37% Mar 13
10
-
Co
Mfg
Richfield
100
10%
58
107
Rheem
55
10%
*52
No par
100
Reynolds Spring
1
Reynolds (R J) Tob class B
10
Reynolds Metals Co
5%% conv preferred
28
110% May 18
May 26
Jan 22
Jan
4
Jan 16
Jan 2
Jan 5
Jan
2
14% Jan 2
31% Jan 2
100
100
170
111
*110%
57 %
107
6% conv prior pfd ser A
Revere Copper & Brass
5% %
preferred
11% Jun
8%
19 Va
102%
11%
87%
15 V»
98
„•
No par %
10C
No par
Republic Steel Corp
Stores
preferred
Savage Arms Corp
Schenley Distillers Corp.
5%% preferred
20%
20%
111
1,100
19%
18%
.
44%
•
1
Republic Aviation Corp
Common
40
18%
21%
11%
21%
■
:■
—
'
107
*106%
''
...
6,200
16%
:
'
,
YYY
200
17%
16%
107
13,900
109%
109
108
108
;
23%
22%
23%*
110
12,200
33%
Y.''
.
20%
>
108 Y 108
9
8%
9%
16% -17
107
19'/a
—
'
'
*109
16%
10%
—
22%
110 Va
*109
.'"jin'
8%
109% July 3
58
Jan 20
107% July 27
28
Jan
2
111% Jan 2
2% Jan 2
1
par
1
par
par
1
var
par
^
29%
Feb
54 %
Dec
7
23
Apr
31%
Dec
17% Apr 24
5% Feb
1
12
Jan
14% July
5% July
77
Feb
35
Mar
26
3% Jan
20 Va
14
Dec
28%
23% Mar 19
x51% Jun
Jan
141
178% July 24
Jan
21%
Dec
45 Va
Dei
162
De«
32,
July 16
22%
Apr
26%
21
Jun
6
13 Va
Jan
17% Auf
57% Jun
26
23%
Jan
43 Va
De*
52% Jun
26
20
Jan
81% Jun
26
Oct
34%
Dec
40%
Jan
69
Dec
89% July 18
54
Jan
82%
Dec
15% May
12
Nov
13%
8% Jun
15% Mar
87% Apr
38% May
36
Jun
9
15
Jan
7% Aug
5V8
Jan
9
Jun
Y55
Feb
75
Dec
28
May
35
Dec
1
25
8
22% May
36% | Jan
20
72% May 29
56
May
29% Nov
48
Sep
6
Jan
50% Feb
13*%
Dec
2
17% May 29
92% May
Dec
4%
/
7
79% Nov
'
11014
in
108%
r:
*109%
69%
*68%
69
109%
108%
37
36%
x36%
*114
114%
*114
6%
6%
6%
85
85
85
98
37
36%
37 %
-
?
6%
6%
34%
35%
6,900
58%
59%
6,800
V
20%
4,600
Standard Oil
300
98
1,400
40 %
41%
7,300
35%
59
59%
20%
20
20
116%
116%
*116%
13%
14%
13%
20 %
120
;
20%
♦116
14%
120
14
14%
100
11,400
100
34%
*32
34%.
34%
36%
36%
x36%
36%
36%
18%
19%
19%
19%
19%
16%
16%
16%
16%
16%
20
20
20
20
20
20%
1,100
13%
13%
13%
14%
13%
14%
4,900
*32
26%
24%
57
57%
*123%
125 %
5%
25%
*58
*123%
5%
6
26%
58%
125%
6
34%
26 %
13,400
58%
700
125%
6
6,200
12%
12%
12%
12%
2,300
24
23%
24
1,100
97
97
96
96
*95
99
200
28%
29
*27%
29
100
34%
35
35
*34%
35%
200
*32
33
32%
32%
*32
34%
100
No par
L S
5%
Stone
prior
&
67% Jan 23
78% Jan 23
38'A
33%
56
20
118
9%
34
Jan
2
Jan
2
Jan 24
July 27
Aug 7
Jan 22
Aug 2
5
34% July 26
3
16
Jan 22
Webster
1
20
10% Jan
No par
Camp Inc
preferred
Jan
18Va
10"%
18 Va
57
Jan
1
Jan
Aug
100
123% July
Sunray Oil Corp—
—1
6
Mar
Sunshine Mining Co————10o Y
10
Mar
Superheater Co (The)
—No par
22% Aug
Superior Oil of Calif
—23
79
Jan
Superior Steel Corp
—:
100
25
Jan
Studebaker Corp
(The)—
No par
Sun Oil Co
Class A pfd
23%
795.
(The)
Stokley-Van
12%
page
Co
3,000
23
see
Starrett
17%
*34%
For footnotes
1
Sterling Drug Inc (new)—
Stewart-Warner
Corp
28%
<r/Y
10
100
.
1,900
23
*27%
of Ohio
preferred
% %
4,000
58
5%
4
Standard Steel Spring—
20
*124
'24%
$6
36%
i
12%
-
No par
No var
Inc
,
85
96%
35%
Brands.
preferred
$4.50
98
59%
$4
Standard G & E Co $4 pref—No par
41
35%
—-No par
preferred—L_._
No Par
Standard
-
58%
preferred
prior preferred
-No par
$7 prior preferred
No par
Standard Oil of Calif
No par
Standard Oil of Indiana
25
Standard Oil of New Jersey
25
*84
85
35%
conv
1,500
97
41%
5%
Squibb (E R) & Sons-
2,600
114%
*114
6%
270
109 %
109%
114%
500
69%
69%
109%
30
111
♦109%
'
69
40%
98%
40%
112
———
(4%%
cum)
Paper Co..
.
10
Sweets Co of Amer fThel ——12 %
Sutherland
31
2
2
24
2
13
18
27
9
7
3
22
Apr 11
17 /a Jan
2
45% Apr 24
116% May
72% Jun
109 Va Aug
37% Jun
114% Mar
33% Jun
38%
Dec
8
110
Jan
6
57
Sep
64%
Feb
27%
Dec
33%
July
115
Dec
14
4
1
110
Jan
2% NOV
116
Sep
16
33%
Feb
4% July
74% Dec
109% Jun
16
40 Va
Feb
85%
45% Jun
27
34%
Sep
39% July
39% Jun
28
31
Sep
34%
66 Va Jun
25
50%
Sep
58% July
23 Va Apr
18
8% Jun
96
137
Jun
Feb
14
13
14% Aug 17
39% Jun
25
38% Jun
110%
Sep
113
Dec
Jan
Dec
6%
Jan
11% July
28%
Jan
37%
18
Dec
Y, '
17% July
21% Apr 30
19
Jun 26
11%
Jan
9%
Feb
13% July
6
15%
Feb
19
12% Dec
20% July
20% July
13
7%
Apr
4
64% May 12
127 Va Mar 24
7% Jan
9
13%
Apr
15% Jun
29% May
15% Jun
27% Jun
21
11
122% Apr 30
31% Mar
35
Jan
36% Aug
6
4
3
54
321
Dec
Jun
64
Oct
Jan
128
Oct
7% July
5%
Feb
5%
Jan
10% July
17%
Jan
25%
Dec
66% NOV
84%
Feb
19%
Apr
2e
Dec
29
Sep
34
Jan
20%
8%
!
Dec
Sep
ig!gji||ii^i$!)^^g?jil§j$i!|^j§|^^
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
9 per
9 per share
32'A
share
r
per share
Sales for
the Week
32%
33
1,900
Swift, 3s Co
32%
3,000
Swift International Ltd
33
33%
x32%
33%
33 >A
34 V*
.34%
35%
35%
36%
7,300
9%
9%
9%
4,400
9%
9%
*9%
9%
*9%
*
:
8%
13%
8%
*107%
107%
107%
107%
50%
51%
50%
51%
7%
7VB
7%
7%
14
*8%
>
108 V»
52
50%
Tennessee
0
S
5
pfd_100
Tennessee Gas & Trans 5%
Corp
Corp__
4,600
Texas Co
1,300
1,400
Texas
20%
3,800
Texas Gulf Sulphur—
i.
No par ;
Texas Pacific Coal & Oil—
.—10
7%
25
(The)
Gulf
Producing
43%
43%
43%
19%
20%
19%
20%
19%
16
16%
16
16
15%
15%
2,500
Texas Pacific Land Trust
39%
39 Va
39%
41
38%
41
1,500
Texas & Pacific Ry CO—
Thatcher Mfg Co
17%
17%
100
54
54
250
*137
137'
139
*93%
97
preferred
6%
preferred
11%
11%
11%
11%
11%
2,500
54
54
54%
54%
53%
53%
60
10%
10%
10%
10%
10%
10%
600
Third
200
Thompson (J'R)
Thompson Products.4% preferred
14%
14%
*14
14%
47%
*46%
47%
47 A;
*107%
108%
*107%
108%
6%
7%
7%
7%
14%
14%
47%
.
700
47
*107%
V
108%
7%
7Vb
50
50%
50%
51
17%
17%
17%
17%
•j/V; 17%
41%
41
800
17%
41%
41%
53
53%
53%
12 Vs
12%
12%
45%
46%
46
47
46
20%
20%
20%
20%
6%
*109%
Tlmken
12%
4,500
Transamerlca Corp
7
6%
13
12%
27%
28
'
.
1,800
->•
A:
,
v?#:
28
Truax-Traer
2,100
Tubise
v;
200
107%
L
107
107
107%
28
27%
28
27%
28
9,000
34%
35 V8
35%
35%
35%
35%
2,100
107
*104%
11 %
11%
11%
11%
104%
104%
105
*104%
4
120%
121
*121
122
17
17
17
17
62
62
62%
62
109
£ 11 Vs
121
Closed
400
130
17%
16 %
17%
17%
17%
17%
91
89%
90%
91
112
111%
111%
112%
112%
*112%
112%
21%
21%
21%
127%
124%
123%
Union
Union
31
25 y8
26 %
*
107 %
39
*126
26%
*25%
25%
112
*111%
72
72
72
*
29%
*28%
8%
8%
8%
100
:
■
5%
conv
Biscuit
United
5%
500
74
29%
preferred.
-preferred
conv
Co——
Carbon
United
♦21%
:
22%
20
11
11
79%
80
2%
45%
19%
2%
44%
20%
19%
20%
11%
11%
11%
11%
79
79
*!
V
.
.
45
20%
400
24,200
Dec
Dec
Jan
fif'/a
Dec
United
—
■
Va
12%
12%
42
43
18%
23%
23%
*108
18%
23%
109 %
6%
*108
6%
15%
■;
16
*103%
105
15%
105
19%
19%
91%
92
92
*190%
*104%
;
18%
*17%
92%
*190%
50%
*50%
51%
46%
46%
&:
18
50%'
46%
8%
8%
*8%
32%
31%
.
Jan
' 20% Jan
'
'4
111%
4,500
15%
1,200
93%
193
v
8%
20
*110%
111%
*110%
111%
13'A
12%
13%
12%
13%
4,800
10%
10%
*10%
10%
10%
10%
-
42%
42%
42%
43%
43%
49%
49%
*48%
43%
49%
32%
32%
*2%
56%
33
3
47%
%
58%
59%
x58%
164%
1G4 %
*163%
166%
*161%
*61%
61%
81%
81%
67%
67
58
61%
67%
61%
61%
62%
83%
*81
JU S
8,600
60%
U
1,000
*82%
U
68%
147%
147%
148
23%
23%
23%
23%
24
*46%
47%
r*46%
47%
47
Dec
Dec
'
14% Jun
6
6
6%
7
*110%
112
*17%
17%
*6%
*42
6%
44%
87%
*181
88 Va
185
24%
27
25
28%
*13%
35%
14
35%
5%
6
6%
111
5%
7
17%
110
17%
*6%
6%
*42
87%
6%
66
May 18
18% Jun 22
*181
87%
185
24%
27
28
14
*36%
14%
37
200
(V-J Day)
300
Universal
290
Universal
•
■
25
27%
33 % Mar
16%
16%
600
51
51
500
'
28
28
27%
97
101
27%
5%
5%
5%
5%
*62%
64%
62%
62%
121
121%
121%
121%
*93%
*95
27%
5
61%
97
-
.
101
27%
5%
61%
300
.
"■
2,200
200
6%
Chemical
100%
Feb
110y8 Sep
36% Dec
28
22%
Apr
28
102 Vb
Jan
29
114
121
121
*65
74
*65
74
*65
74
Va Iron Coal & Coke 5%
*46%
48
*46%
48
*46%
47%
Virginian Ry Co
*39
39%
39
*39
39%
39
*151
156
*151
156
*151
156
*156
170
*156
170
*156
170
For footnotes
see
page 795.
180
200
Va
&
El
6%
Pow
preferred
Vulcan
$5
-
.,
27
Jan
6
Jun
24
Jun
3
Jun
pref_
,
11%
36 Va
91%
Dec
Oct
15 Va
Jun
Jan
109%
Dec
Feb
•*7%: Sep
11%
88%
4
x:
7% Feb
94% Jun
70
26
Dec
54
186
Dec
Jan
15%
Oct
42
2
Jan
51% Nov
34 V\
May.
52% May 25
10% July
Jan
8%
20 Va May
Feb
Jun
170 7
194% Jun
21%
Apr
43% July
L -<v: 5
16'/a
28
110
Jan
Jan
9
Jan
33%
Feb
113
Dec
Dec
Sep
5%
Apr
9V8
Sep
8%
Jan
10%
Dec
44% Apr
30%
Apr
37% Jun
Jan
48
'
55% Mar
40%
^
Nov
35% Aug 14
Jan
4
?
2
m
25
40
Feb
Jun
21
130
Jan
71
Jun
20
85
Mar 19
61% Jun
,
;
48%
69
Dec
72 % Jun
27
50'A
*119%
Jan
5
50% Feb
6
6% Jun
26
7% Aug
3
114% May 28
20% Mar
6
2%
Apr
Jan
14%
8
Jan
25
Jan
24
31
Jan
May 28
68
Apr
187
162
Mar
25
28 Va May 28
33% Aug
Jun
52
Mar
9
28
8
23
7
5»A
Oct
106%
Dec
«■
Jan
47
Jun
48% Dec
4% Nov
Jan
2%
3'A
--
17%
9%
28
Jan
—
Jan
Jan
Oct
Dec
27% Aug
May
44% Apr
76
Dec
63% July
136%
22
;
Dec
61% July
78
Apr
21
26 % Jun
Dec
54% July
150
May
151% Jun
.
~4%
Feb
95
''
12% July
107%
88
5
13% Apr
6
48% May 22 '
Dec
Mar
178
Mar 27
24% July 30
*
Dec
2
Jan
18
.
9
Jan
Jan
Mar
23
25
8
78 Vb Aug
75% Jan 24
2
Dec
Apr
26% May
75%, Jan
15 % Jun
Jan 24
22
Dec
.11% Jun
7 *
July 10
21% Jan
July
11% Aug
14%
38% Jun
2
2
,
Feb
97%
114
Jan 24
Jan
f7/s
17%
'
'
2
5% Jan
Oct
42 Vs
Jan
31% Apr
12%- Apr
45%
27
18% Apr 24
18
39
'
28
i; x-rs'xV:--*.
25% Jun
108% Jan
Jun
70% July
--
6
20
.19% July
2
Jan 23
Jan
5
Jan
2
Jan
"i%
;
25
39
—
i
May,
"
15% Jun
—100
pfd—-100
61
25
13% Feb
2,
Jan
2 ;
Jun 15
Mar 26
Jan
Aug
Dec
114
8
21% May 18
14% Jun 27
Jan
Jan
Jan
Dec
24'/a
Mar
22
14
47% Jun
123%
20% May
110
28
11% May 19
Mar 27
:
18 Va July
6
July
41%
81 Va
176
Dec
Dec
Nov
—
23% July
14 % Nov
52
Sep
12% May
16
Dec
41%
Jan
51
Oct
Dec
86% Mar 26
100
July
63%
Jan
85
90% Jan
20
101
Jun
26
70
Feb
24% Jan
8
33% Apr
7% Jun
19
21J/a
Jan
85% July
25 Va Aug
3%
Sep
3% Mar 27
6
18
50
9
73
Jun
18
118% July 18
123
Feb
19
113%
Jun
22
59% Jan
Sep
Jun
5 % Mar
62% July
120
Aug
Jan
22
76
38'/a
Feb
63
NOV
■15% Jan
25
37
Jan
45
Dec
36% Jan
16
49% July 25
42
July 10
33
Apr
38% Nov
57
—100
Detinnlng Co_
Pppfprrprt
Jun
,
Jan
—No par
Nov
43% Jun
13
div partic preferred—.—100
Dec
:: 30
110% Apr, 18
170
4
58%
135%
* " 2314
46%
4
4%
■'* 98%
16
Chemical Co——.
Va-Carolina
104
Jun
144% JUn
6
72
Sugar
Vertientes-Camaguey
Vick
Feb
.26
Dec
33% Nov
32
Co_6%
——3
Vlcks Shreve & Pac Ry
——100
5% non-cum preferred——100
Victor Chemical Works:
5
16%
92%
8
20% Dec
118
Jun
10
Norman Co
Raalte Co Inc—
Sep
Jan
25%
12
52
Oct
17%
93'/a
16
"
115
Feb
Dec
Jun
Nov
1
21
"
119
28
44% Jun
3 ;
Jun
15%
82%
11
No par
1—2.50
Vanadium Corp of Am
Van
50%
Jun
109% May. 10
51% Jan
1
Van
16%
*93%
Co Inc—
109%
144 % Jan
,-lOR
—
400
x50%
*95
prefprred
~
par
100
16%
97
R <R.
No
-No par
29
Jan
25% Mar
Feb
35
46
27%
2%
1
Inc—
—
_
37
49%
1C1
Laboratories
Leaf Tob
.14%
16%
*95
conv
Universal Pictures
10,100
x
49%
*93%
$6
Preferred
88%
1,900
14%
1
5
300
1
6%
25%
*35%
Stockyards Corp
preferred™
-No par
Universal-Cyclops Steel Corp
1
24%
Closed
United
25
United Stores class. A
3,300
x
-No par
preferred
non-cum
700
.
185
*182
25%
5%
—
113
Dec
66
Feb
116
Dec
16%
76
23
118
Jan
9%
5
117% Jan
7% Jan 23
_50
;_50
51%
93% May
Jan
110% July
Dec
Jan
8
9% Jan
No par
—100
—
Preferred
100
44
*43
88
3,900
7
17
17
V-- 44
,
U S Tobacco Co
110
6%
111
x
■
—
-
8%
Dec
9%
Jan
16
105%
Jan
68%
-
110
T
Jan
5%
13
19% Feb
30% Mar 26
100
85
13
Jun
137
2
*
Dec
35%
6% Mar 26
Jan
20%
A
Dec
Jan
Jun
~
10
—
Min
*
U S Steel Corp
15,100
'
800
47
148
Preferred
400
68
67
147%
23%
—
1st preferred-
non-cum
U S Smelting Ref &
500
-
Rubber Co
8
102
28%
28
107
*
Dec
Dec
11% Nov
15% Mar
29
106% July 12
9
5%
105 %
Jan
37% May 28
106% Jan 13
88% Jun
: ' 13% Jan 20.
22
Mar 9
20
10
1 '7:
-No par
"
Plywood Corp—
Realty.A Impt—-
8%
TOO
85%
147%
S
Jun
8%
Feb
Jan
3%
85
Dec
5
1
10
Dec
18% July
28%
May 28
& Foundry—
U S Playing Card Co——
4,200
165
" Jan
100
„
-
29
Jan'
79% Jun. 25
89"% Mar
.-No par
—
;
Apr
12%
102%
.
U 6 Pipe
300
V
3
preferred
17%
8
•
Feb
,
Lines Co
Preferred
2,500
35 Va
3
U S
400
48%
34
:
35%
2%
3
•„«.
Dec
27
■
21 Vb
—
Prior
12%
V >.:'v
11%
31
-No par
Partic & conv cl A__
1,400
;
Jan
X
•
30% May 28
.
300
8%
8%
108
•
—
800
,
.
25
32% Jan
-
100
17%
51%
32%
32
10
14% Jun
136
No par
"11% Jan 24
105 ' Feb
5 *
-No par
16% Apr 10
U 8 Gypsum Co
I
20 ',■?<
77
Jan 22
7% preferred
100 "180% Jan 17
U S Hoffman Mach Corp—
5 "
13% Jan 17,
5 %% conv preferred
50 "
50
Jan 17 *
U 8 Industrial Chemicals
-No par
r
38% Jan 10
U S Leather Co
-No par
*
6% Mar 27
1st preferred—
Dec
52'/a Aug
2
U S Freight Co
200
v
July
38
Apr
2
USA: Foreign Secur—
$6
..120
106
; 17
Jan
43%
Jan
■' 66
Feb-
13
16
22
July 20 '
July 26
Jan
2
Jan
2'
Jan 22
9yiJan 5,
10
18% Mar
26
7%
22 '
1%
*■" 38%
' -15%
100
—
Oct
25
7% Jun
25 Va Aug 13
66
4
7
26% Feb
'
'
2
13% July 23
28% Aug 10
,
100% Jan 24,
29% Jan 19
*
18
110% Jun
33% Jan 31
5%
preferred
United; Faperboard——
5Va Aug
34
Dec
24% Mar
.
•
22
"
Improvement Co.—13 %
United Merch & Mfrs Inc—
1
Jan
18
54% Jun
"
15
*
Gas
49'/a
56% Feb
'109% Jan 24
par
1,200
6%
46
46
32%
*110%
17%
*50%
8%
32'A
United
No
13% Mar
Jan
20% Mar
6
Mar 26
5
Pdy___'
United Engineering &
United Fruit Co
;
Jun'
32%
44% July 13
Apr
.5
Coal Cos—'
Electric
United
11%
1
61% Jun
2
3
14% Jan 24
78% Jan 24,
xll0% Apr 27
" m% July 11v
100
—
6
7% Jun
58% Jan
-
1
1,500
25
'
-
7,200
;
20
*19
193
800
—
1,600
2,800
,
109%
15%
15%
Preferred
Co
5
—
Dyewpod Corp.
130
19%
6%
19%
46%
Vs
*108
6%
United
12%
24 Vb
93%
190'A
*17%
19
105
19%
190 %
19%
109%
6%
300
105%
105
24
:
Drug
xx.
44
43
105%
104%
105
18%
12%
12%
42%
12%
42
105
United
81
*79
—
10,600
"i%
15% Mar
22;
18% Jan
2
5
Jan
2
103
Jan 13
10% Mar 2218% Mar 28
101% Jan
3
26% Mar 21
34% Mar 27
102
May 22 ;
9% Jan
3v
115
Feb
2 .
14 % Jan
3
par
No par
-No par
Corporation
$3 preferred
2,600
;
7
53% Mar
2
Jan 22,"
34% Jan
-No par
!
'
,
Jan
5%
56% May 23
15% Mar
1
lO'A Jan 11 v
.13
Jan
3
45
July 17.;
*
—
9% Nov
Dec
:
Cigar-Whelan Stores new—30c
Prior preferred
———20
July
10%
16% Jan
.
par
Un
:v;A;
22%
*21%
2%
2%
45
5,700
.
58
Apt
31
.
10
No
Co—
Unlted-Carr Past Corp
v.-•'
9:U44
24 % July
Feb
1
'
8%
Jan
50'A
12% Jun
105% May 18
31% Jan 22,
*118 "Jan 22;
-No par ?;'■ 22% Mar 22,
——100 T 109% May 25 '.
preferred—
12%
24
94
50
100
—
10
59% Jan
122
„
100
—
Dec
21% Jan
Oct
——100
—
167/s Nov
35
Jan
Jan
26
9
Feb
Jan
92
>
—No par
—
Air Lines Inc—
4%%>
300
—
8%
17%
81%
.
-No par
preferred™
non-cum
Dec
20
22
16
10
100
29 Va
16
.
-J—25 •
—
United Aircraft Corp—
United
5,500
25%
*71
29%
8
15,000
112
*28%
*'N 72
*28
V
130
*110%
112
>
39%
123 %
x25%
25%
*111%
108 l
37%
39%
134
4%
Union Tank .Car
800
;
25%
*107%
108
39
134
37%
2,200
30
25%
25%
series
Union Oil of California
Union Pacific RR Co—
108%
x29%
31
25%
108 •••;.;
108
*128
♦108
Preferred $4.50
160
No
pfd
Feb
20% Jun
53'A July 24
.
No par
Union El Co of Mo $5
14'A
28
i;
No par
No par
Bag & Paper
Carbide & Carb—-a-
25
54% Jun
9% Mar 27
1
—
4,300
22
125%
—
2
Underwood Corp
60
127
108%
*30
30%
:
112%
21%
'122 *
Coach Co—
1,000
V
112%
112%
21%'
*108
108%
♦108
112%
Twin
4,700
91%
112
preferred
i $4.50 iprior
pia
Twin City Rapid Transit
1% preferred
3,900
18
89%
$1.50
i.ooo
U
62 y4
61%
(V-J Day)
100
11%
121
17
.-V
'
preferred
Cen Pox Film Corp
37% July
Feb
1
1
-No par
No par
1
100
No par
No par
No Par
No par
100
-
Apr
Apr
5
Rayon Corp
4% %
•
20th
Corp.
Feb
May
26% Jun
4% Jan
No par
Corp
Dec
Sep
4%
32%
•
Apr
2
$6 preferred
2,900
27%
*106
Trl-Continental
Jan
6%
44%
7
•
12
No par
Transue & Williams St'l
10
W7
Roller Bearing
TranscontT & West Air Inc
500
10,500
110
*109%
*
13
27%
27%
27
1,500
6%
110
13
13%
13
54%
50*%
19
14
55
45
.
10
Axle
12%
,12%
6%
109%
Detroit
2
Feb
9% Feb
2
100
.
;
N( par
—10
Associated Oil
Water
Tlmken
20%
6%
Tide
Oct
12% July
139
No par
•
3,100
46%
20 Va
Thompson-Starrett Co
$3.50 cum preferred
x54 %
54
25
Jun
8%
Jan
•lOVa Mar
6
3/
.
No par
100
87/a
Jan
4%
Jan
Dec
109% July 13
July 26
8% Apr
Transit Corp,JNo par
Avenue
7
Dec
Jun
8
5% May
25
.
2
125
;
50
preferred—
conv
33%
x93%Julyl9x
par
1- "..
Co
div
■vte 1,800
41% "
41%
109%
'
5,400
52
49%
$2%
.
Jan
21
-15% Jun
30% Jan 30
j 14% Mar 311
44% Mar 29
—,——100:.
10%
Thermold
par
.100
—
10% Jun
2
13% Jan 22
i
,
No par
No
1%
'
'
preferred-
conv
The Pair
20
97
—Na
-
$3.60
100
9%
^*137
139
*93%
97
*8%
9%
9%
9'A
*8%
137
*93%
18
54
54 %
54%
54
*17%
18
*16%
3
Jan
19% Aug 13
.
27%
16
16
Jan
36% Jan
.
—.,.100
10% Feb
Apr
33 %
26
Jan
6% Jan
1
;m
10% Jun
48% Jan
.1
new
43%
43%
2
share
33
Jan
26%
38% May 9
36% Aug 17
7%
7%
11%
105%
-
-
—
43%
X7
6
Highest
per
share
27%
7
7% Jan
—
Telautograph
600
34% Feb
per
Apr
29
1
110
..
Lowest
8 per share
30% Apr
6
31% Mar 21
-
No par
200
13%
108
Sylvania Elec Prod's Inc
Talcott Xnc (James)
8%
*13%
8%
13%
25
—
Symington Gould Corp
9%
*9%
9%
8%
13%
•.
I per share
Par
1944
Year
Range Since January 1
Highest
Lowest
V//l
32%
9Va
Range for Previous
STOCK
EXCHANGE
Shares
9 per share
9 per share
NEW YORK
•Cv
32%
32
32,/a
Aug. 16
Aug. 15
Aug. 14
9 per share
STOCKS
Friday
Aug. 17
Thursday
Wednesday
Tuesday
Aug. 13
RECORD
E3GH( BALK PRICES
LOW AND
Monday
Satarday
Aug. 11
Monday, August 20, 1945
—'
120
Mar
2
163
12
102
Jan
125
Oct
100
145
Mar
5
147% Mar 26
149
Feb
155
July
Jun
,Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
NEW
LOW
Saturday
Aug. 11
$ per
Monday
Tuesday
Aug. 14
t
s
per share
RECORD
HIGH SALE PRICES
AND
Aug. 13
shan
YORK STOCK
STOCKS
Wednesday
per share
t per
Friday
>
snare
Aug. 16
Sales (or
Aug. 17
Thursday
Aug. 15
the Week
t per share
9 per share
NEW
YORK
,,
STOCK
:;/,/.;t /■/
v
Range for Previous
Range Since January 1
Highest
EXCHANGE
Year
Lowest
Shares
Par
t per share
$
per
1044
Lowest
share
Highest
I per sharo
per share
W
*68'A
69%
*68
69%
•15
15%
15
15'/a
*31%
32%
':,106
X32'A
/Z;:.:
106%
*105
66%
66
66
*19,y2
20%
*19%
:
*105
10%
11
11%
2%
2'/4
2%
•
63%
'
17
16%
20
34%
15%
15%
*14%
*27%
28
21%
2i;
21
35
35
35
*20 V*
35
9%
*27%
27%
*85%
27%.
;
-;
Ij.
',
87
n-Ai.'-'
.
114%
*113%
114%
108
108'/a
*107%
108
115
115
29%
29%
*110
25%
24%
24%
45
45%
46
87 Va
-
29%
42'A
32
x3o
30%
34%
32
10'%
Jan
117% Mar
No
par
l%Jan
2
2% Apr
17
1%
Feb
2'% Aug
57% Jan
15
5
-
No
par
-
•
29'% Apr
5
-
■
15
2'%
500
Warner
Bros
300
Warren
Fdy
Closed
(V-J Day)
—L
*106
107%
*106
77%
*73
5
300
Wesson Oil & Snowdrift,
„No par
-
•
24
No par
.
Z
84% Jan 20
87
Feb
28
23% Mar 26
34'% Jun
14
18%
83
Jan
102% Dec
96%
Feb
113
Dec
Dec
100
87
30%
3,900
$4
West
^40
80
80
29
400
v
.
25 »A
7.%
West
45%
Western
400
Western
Western
'
'30'A
3,200
./V .*.106
—
Z:Z/;M-<;Z
31%
73
36 Va
37%
1,800
94'%
94'%
24 ■':/
24
24
100
30
30%
*101%
24
*23%
31'A
31
15%
34
23'/a
■;?,
16
*16
16
16'A
*28
29%
44%
44%
45
45'A
54 %
55
54 :i&
90%
*92
95
*92
84%
*82%
*75%
-««•*
37%
90'/a
38
10.200
4,900
,
16'A July
'/,"/•
800
••
.
■
-
"
54
*92
—
90'%
82'/?,,,
:
/'Z:--.76ZZ /76'.,.//:/Z
17'A
22%
Jan
21
Apr
31'A July
31% Dec
x31% Feb
36'A Feb
16
29%
Dec
33'% Apr
27
25%
Jan
32
,113% Jan
17
105%
Jan
111
110'% Apr
'
78
77
July
Feb
32%
Jan
92'A
21% Jari
9
26% Feb 15
Feb
22
26'A Jan
22
par
8% Jan
3
83% Jan 15
30
-1
6
26'A Jun
25
2
13% Jan
2
Jan 30
22'A Jan
10
40% Jan 24
38
Jarv 15
79
Jan
3
80
Jan
No par
75
No
69'% Mar
800
Wyandotte Worsted Co
<T»el)
17
17%'
39'A
40%
1,000
Yale & Towne
17'''
17%
3,500
York
23'A
23%
1,200
Young Spring & Wire
No
Youngstown Sheet & Tube—No
5%% preferred series A
Youngstown Steel Door
No
pa'
13
-—5
Apr
Oct
20'% July
U'% July
80'A
Jan
103%
Jan
123
99'A Nov
14'A July
Sep
125
Sep
July
26
19 %
Apr
24
48'% Jun
1
363%
Jan
443%
59% Apr
17
20%
Jan
41'% Nov
16
July 17
473%
Jan
82'% Nov
90
Apr
49
Jan
99'A Feb 27
69%
Jun
78
May 31
58
Apr
20% Jun 28
13
Dec
Jan 24
WriffiBv
Dec
93%
Jun
31
6
Wright Aeronautical
31'A
Jan
8
132'% May 24
128
87%
Jan
6
July 13
16
Dec
29% July
9% July
4%
103'% July 12
17% May
7
Dec
July
Jan
24
9
10% Jun
15
10
(F W) Co
34% Aug
,
;
1043% Aug
5
x64%
15
10'% Jan
100
1
Jun
Jan
20
26
16% July 13
94
97% Jan
■
10
pfd
Jun
33% Jun
16% Mar 26
No par
—
43
Jan 23
6% Mar 26
No par
.
Co
.Tr
Dec
1073/4 Nov
66'A
18 1
5
107'% Jan
Dec
July
..20
i
MVm)
101'% May
59% Feb
5
19
Feb
36'%
97'A
;
8
100
50
15
37% May 17
50% May 17
20'%
pfd 4'%% series
100
Prior pfd 4'%% Conv series—100
-v
Dec
53% July
15
Prior
93
■
82%
-
Dec
66%
Feb
26
^
Worthington P & M (Del)— -No par
54
*83%
313%
Dec
41
96'% May 14
Motors
Woolworth
Dec
65
.„1
Wilson & Co Tnc_.._
Wilson-Jones
Aug
29%
27
Jun
31% Jan 24
87'% Jan 24
f
.
$6 preferred
-102
Dec
29% May 25
,
108
July 23
106'A Jan
4
64
Jan 19
—
20
No
Wisconsin El Pow Co 6%
V V-;
»
37'%
80% May 29
Mar 26
26'A Jan 6
27% July 18
31'% Aug 7
37% May 12
30% July 26
27% Feb
3
-
i
Co
45%
.
2
A-l
preferred
Oil
Willys-Overland
300
16'A
•
Prior
Wilcox
45
--*'• r::\
95
; i7 %
17%
6'A July
Jan
-
Woodward Iron Co
•
—
78
17
Apr
Jan
No par
L
29'%
85
78
83
*88%
300
Sep
7'%
(The S S)
*28
54
*88%
*75
99%
*132%
29'%
*27
14%
16
*132%
*132
24'%
99%
z*
—
Dec
3%
No par
pref
White Dental Mfg
100
s
S5 conv prior
White Sewing Mach Corp
$4 conv preferred
34
14%
100
July
110
26%
100
100
Wheeling Steel Corp
White Motor Co
10
*
28
Feb
18
No par
1,400
8'A
Jan
103
26
13ViFeb
v
No Par
preferred
3,600
8'A
16'A
26
July 13
28
No par
14%
14'%
24
14%
;
91
-A.':
Instrument
Wheeling -& Lake Erie Ry.
5'%% conv preferred
•
*33
.
23%
30
*88
8'A
100
'
1183/4
Jun
-
Elec
preferred
31%
14
90
*8
103
103
Jun
—12.50
140
103
Apr
Apr
14'% Jun
-
$4.25
~50
73
•
85%
113%
50
-
$4.50
Dec
30
13
4% Jan 22
•
Weston
Dec
28
l7'AMar 27
No par
-
Jun
85%
Feb
32% Jan
——12%
Preferred-
107'%
-
-
113
25%
Jan
•
——No par
Westvaco Chlorine Prod
94'%
14%
L—
20Q
37%
24%
Class B-_
Westlnghouse Air Brake
60
'
31% Jun
10
Jan
•
•*
.100
preferred—100
4Q0
/
Z
Jan
Dec
10% July
.'-10
Westinghouse Electric Corp neW_50
500
94
100
106
92
19.400
33"
8
22% Mar 21
•
.
i
109%
July 17
2
36%
14 %
>
Jan
2
*101%
22%
101
44
1
-
26
Deo
31%
22%
July 18
117
July 13
108% July 12
118
Apr 16
22%
Jan
77
109
64'A Jan
/
31%
8
Apr
Jan
6%
29'% July 11
2
30'% Jan
34%
10.9
Jan
Western Union Teleg class A_No par
42%
:
23
2
2,700
•42'A
V
15'A
19
Western Pacific RR Co com—No par
/ Preferred series A
-100
/'/:-Z^34;:v
.
2j
39% Feb
11'% Mar
1,000
■-
'
24'% Feb
3
May 10
115
-
28
A-1,
Ry—
2nd
8
109% Jan
100
Lines, Inc—
Supply Co—
non-cum
Aug
2
100'% Jan
-
.100 /
Maryland
7
37% Jun 18
57'% July 10
94%
100
•4%
Air
Auto
18% May
Mar 26
9
pfd—-100
No par
July 17
20
.
100
Pulp & pap Co
37'% May
30% Jan
par
preferred—
2,900
1,800
s
28%
29'A
va
r
1 v
Corp
6%• preferred
West Penn Power 4%%
500
Z88Z:v ;Z:,:tZ
46%
:*27'A
/
■://
23'%
45%
Sugar
preferred
1,600
8%
.
preferred
Indies
6%
47,/-v;::vZ:-
■
5
;
9
24'A Jan
par
„1
Tobacco
conv
l-No
West Penn Electric class A—No
37%
*33
Aug
Inc—
102%
8%
25
Webster
94
34
Apr
Wayne Pump Co
36%
8%
Dec
22'%
Waukesha Motor Co
102%
34
July
36%
700
-A
108
,
77%
90
Jan
200
//::ZZ44Z
u-.
:
107'%
*73
30%
15
Feb
300
7%
110'%
T5; /
May
Apr
22%
21
24%
'iii'jv.y.',/
31%
*109%
91
62
11%
8
27'/4
*32
*31%
109%
*90
22
25
3uu
'
*23'%
45
Jun
18% Jun
70
Mar 26
700
113'%
,
33
~31%
/
13
15'%
*109% 110%
42%
109%
14%
50
Pictures
<te
Jun
Pipe
Warren Petroleum Corp_
Washington Gas Lt Co
86
*311/4
14%
preferred
11,500
ZZfZ
,
;Z *32%:
$7
17
28%
/
28%
42%
Class B
400
64%
Baking Co ci A.
36
*io8/-. 109
"i
30'/a
33% : 34%
:>■
Jan
8
113'A
~
46%
32%
Jan
7%
18
27'%
88
46
41%
Nnv
17'A
5
Jun
r
-J*'
45%
87
*27 %
X20
24
Jun
23
46%
28%
NOV
12
x46
46
.
68
14
■
85
*27
Feb
2
9%
25
.
48
2
87
9
25
27
16
..30
46
8%
Apr
72
108% Nov
8% Jan
115 :;Z 115
-tX.
25%
46
8%
Nov
9% Jan
27'%
v,..:
,z
/.i,:
29%
:
8%
No par
Deo
X105
110'A Apr
61% Mar 27
par
6
20% Feb
105% July 31
19 Va Apr
36%
.
.
s
110'%
Z,
Z
46
*43%
Dec
31V»
8
par
107
*29%
26%
,.25%
Dec
14'A
Apr
21
May
No par
•
115%
*109%
*11
68
Jan
26'%
Jun
77
No
9'A
V
27'%
115
No
Jan
10%
35
20%
-
109'%
..
W
&
Dlv redeem preferred
f
*35%
109%
113%
G
40
16% Mar 10
24
Ward
15
-w
*109
■
(Hlramj
2
10
30'/a Jan
100
Jan
13% Jan
par
27'A
—A.-
30'A
*109
Walker
66
'
par
No
Walworth Co
16'%
30
31
No
1,600
*35
9%
*85%
87
30
preferred-—100
preferred
1,700
'
9%
9%
4%%
Co
9,500
*63
15'/a
27%
Walgreen
11%
2'%
35%
27'A
200
11%":
...
17
35%
System
11'A
Z.
64%
16%
35'A
RR
Waldorf
11'A
ll7/a
65
Wabash
500
4%
66
11%
11%
500
z
;://
106%
*19%
20%
10%
2%
32'A
64'%
11%
65
15'A*
32'A
Z
v
106
65%
/fV
/
70
i5'%
32 V4
69%
5
94
9
Jan 22
Oct
84
Nov
913A
Deo
74'%
Nov
14
\
Dec
Y
39
40
17
17%
17
17%
22%
22%
22%
23
'
47%
49
49
105%
50'A
105%
105%
23%
24
Z'
"
35%
35%
9%
and
9%
asked
790
243/8
2,700
36
•
-
tin receivership,
a
.
"
•
n New Stock.
rCash sale.
•
Special sales,
Stocks,
Week Ended Aug. 17., 1945
Railroad
and Mlscel,
Monday
$6,602,200
914,150
Sales
4,550,000
$224,000
$117,500
$6,943,700
15,000
4,692,000
41,000
6,476,000
$173,500
$18,111,700
6,070,000
; 127,000
Holiday
Holiday
365,000
3,096,300
$17,222,200
$716,000
.
:
——
Friday
Total.
/v../1945
$79,000
1,272,000
$4,223,450
$4,315,200
716,000
Total
63,593,360
73,148,500
27,710,200
$18,111,700
listed
on
'
/ 173,850,395
$29,061,200. $1,638,322,610, $1,883,617,800
stocks
and
Saturday
-Stocks-
Indua*
Date—
trials
Rail* '•
road?
i§
Total
10
Monday
65
Indus¬
Grade
trials
Second
Ralls
Grade
—
Jan
44% July
6% July
y Ex-rights.
Exchange
v
Total
$116,000
$13,000
$382,000
12,000
5,000
321,000
304,000
154,000
5,000
428,000
$826,000
•$282,000
$23,000
$1,131,000
Jan. 1 to Aug. 17
1944
840,920v
Domestic.
1945
1944
1,390,840
70,510,752
44,495,227
$826,000
$2,909,500
Foreign government.
282,000
56,000
25,119,000
6,941,000
Foreign corporate—
23,000
29,000
744,000
709,000
Total.
„■
10
Utili¬
Total
40
.
'
—100
;
'
—
445
10
54.53
32.53
61.86
106.02
113.99
95.62
108.16
105.95
Continental
Bank
&
—
First
51%
Morgan (J P) & Co Inc
National City Bank
New York Trust——
48%
National
50
—
Bank
—*5
Lawyers Trust—
Manufactures Trust
26'A
24'A
Empire Trust
Fiduciary Trust
16%
58
93
.
33%
—10.0 1,835
.
57fA
97
35%
1,895
<
Ask
210
225
339
*0
100 1 ,800
42
54%
Corn
Holiday
100
56
10
Holiday
105.61
114'A
190
—100
Guaranty Trust
Irving Trust—
Kings County Trust
40
Exchange Bank & Trust-20
Holiday
Holiday
108.18
Trust
120
111'A
-J0O
Trust.
Grace National
47'% '
T15
Central Hanover Bank & Trust 20
Chase National Bank—
15
106.02
457
45%
100
Fulton
29%
Bid
Par
1st
Bid
27% "
10
103.16
Bond#
City Banks A Trust Cos.
Par
.
Bank of the Manhattan Co
95.83
ties
$91,689,000 $118,077,500
$1,131,000 A' $2,994,500 $117,552,000 $125,727,500
114.09
94.35
Foreign
Corporate
1945
Stocks—No. of shares.
106.00
Rails
Bonds {Par Value)
Government
Domestic
269,000
282,440
840,920 v
Total.
Chemical Bank & Trust—
._10
Commercial National Bank &
•Trust Co
—20
113.93
Jan
3 3A
Holiday
Friday—:
Brooklyn Trust
Holiday
105.98
333%
i——
Thursday——
61.71
61.28
15
11
42
Holiday
Stocks
32.34
Feb
12% Jun
$253;000
272,995
ties
53.05
Dec
Foreign
285,485 V
32.42
Holiday
Aug. 13
——
164.11
Aug. 14—164.79,
Aug. 15
'
Aug. 16
Aug. 17
164.38
Nov
20%
——-
54.66
^
Aug. 11
106%
Holiday
T
—
Bankers Trust
10
First
Utili¬
Jan
Jan
—-
Bank of New York
-Bonds-
10
20
Apr
96
.13,
x-Ex-dlvldends.
Shares)
Tuesday
bonds
Dow, Jones & Co. i.
w':;
33%
207% July
42 3A July
28
34'A July 26
5 3A Jan
2
17,1945
New York
the daily closing averages of representative
the New York Stock Exchange as compiled by
30
26
36% July
153% July
Apr
Jan
Mar 21
253% Jun
wd When distributed.
9'A
Bonds
,570,505,800 v 1,806,154,100
are
•
51% Jun
110
of
Week Ended Aug.
Stock And Bond Averages
Below
27% Mar
143%
19
Week Ended Aug. 17
230,873,599
$173,500
Railroad &> Industrial.
19
Mar 26
20
1944
5,096,455
17,222,200
U. 8. Government
Foreign
22
105'A Jan
Jan. 1 to Aug. 17
1944
3,096,300
39 Va Jan
100
par
{Number
Wednesday
Week Ended Aug. 17
1945
Stocks—No. of shares.
par
Feb
Stocks
Bonds
1,207,570
Wednesday
Thursday
13
18 3A May 19
25
Bond
Holiday
974,580
42 3A Jun
13
17
Total
Government
Bonds
•
24
19'A Jan
Daily, Weekly and Yearly
United States
Foreign
Saturday
32 3/4 Jan
13 Va Jan
par
Transactions at the lew York Curb
Exchange
.
Bonds
,
-
.No par
—1
Zonlte Products Corp.
Daily, Weekly and Yearly
Number of
Shares
28
1
Zenith Radio Corp—
9%
9%
Deferred delivery,
al the New York Stock
7,500
36%
36
9%
prices; no sales on this day,
transactions
1053a
23%
;v
*Bid
49%
105 §2
24
35%
9%
x47'%
10532
23%
Mfg. Co
Corp
46
345
17%
,850
49
Co com—20
60
62
100
298
304
43
45;
—25
Bank & Trust—17'%
National——
—
103
106'
Trust—12
United States Trust
—100
11
-12%
Public Nat'l
46%
Sterling
77
Title
Guarantee &
,490
48%
80
12
,550'
■;'' 'V„';'
,
.
.
.
V
•
.
,
THE COMMERCIAL
796
Bond Record «» New
FRIDAY
York Stock Exchange
WEEKLY
-
Monday, August 20, 1945
& FINANCIAL CHRONICLE
YEARLY
-
unless
ph™«
MATvnir
outside of th«
The (folio letters
In the column
,
of
are the only transaetioe*
the range for the year.
they
for Income and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range,
computing
weekly range are toown In a footnote to the week to whleh tow occur. No ueoount la taken of «lcb .alee In
headed "Interest Period" Indicate to each case the month when the Ward. mature.
RANGE FOR WEEK ENDING AUGUST 17
:
interest"—except
"and
Rre
5S
to.
regular
w
asm
/•;
'
Week's Range
Friday
BONDS
Last
Period
Sale Price
Treasury
1947-1981
1946-1958
—
—1946-1949
.J,
—.—1949-1952
3s——
1946-1948
3s
—1951-1955
2%s
1
_J,
;—-1955-1960
23/4S—
1945-1947
2%s
1948-1951
23As—
—1951-1954
23As
1956-1959
2%S
;
1958-1963
23As
1960-1965
2'As
1945
2%s
1948
2Vis
1949-1953
2%s_;
1950-1952
2Vis
—1952-1954
2Vis
—1956-1958
2Vis
-1962-1967
2Vis
1963-1968
2 Vis
June 1964-1969
2%s
Dec. 1964-1969
2Vis
1965-1970
2 Vis
1966-1971
2 Vis
—June 1967-1972
Treasury
2Vis__——Sept 1967-1972
33As
Treasury 3%s
Treasury 3%s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
-
Treasury
Treasury
1951-1953
Treasury
2'As
Treasury
2 Vis
2 Vis—
Treasury
-1952-1953
1954-1950
—195C-1959
—1959-1962
1947
Mar 1948-1950
Dec 1948-1950
_Jun 1949-1951
Sep 1949-1951
2 Vis
Treasury
Treasury 2 Vis
Treasury 2s.
Treasury 2s
Treasury
2s
Treasury
2s
Treasury
2s
Treasury
2s
Dec 1949-1951
March 1950-1952
Sept 1950-1952
-
Treasury 2s
-
2s__
Treasury
1951-1953
1951-1955
June 15 1952-1954
Dec 15 1952-1954
1953-1955
June 15 1P4R
1950
Treasury 2s
2s
Treasury
Treasury 2s
2s
Treasury
-
Treasury
2s
Treasury
l3As
IVis
Treasury
High
"107.28
107.30
108.14
"101.28
101.30
102.8
J-D
m-s
:
.
.
■
J-D
-
■
111.27
114
100.6
101.17
105.10
105.14
106.11
109.9
"112.26 112.28
-
__V
109.25
110.15
112.10
113.7
113.10
112.21
113.27
3%s
Series
No.
113.2
114.19
3%s
Series
No.
27
114.12
3%S
berxeS
No.
17-—
Series
No.
19
No.
No.
20
21
60%
60%
60'A
~2
Series
No..22
60%
60 %
60%
-1
3%s
Series
No.
23
60%
60'/a
2
3%s
Series
No.
24
3%s
.
.
No.
Series
Series
No.
25
;
v:-
3 %s Series No.
3%s Series No.
100.23
106.19
107.1
107.15
3%s
Series
m-s
"107.7
107.9
107.23
107.25
Brisbane
(City)
.
v
107.11
107.1
107.1
J-D
103.5
100.28
103.4
102.7
1957
A 6s
4
102.2
101.21
101.26
m-s
101.20
101.20
101.22
4
101.7
101.12
58
stamped
101.24
3%
100.30
105.17
Canada
107.8
C104.8
102.3
101.6
5
107.4
107.26
25-year
30-year
30-year
external
m-s
90
-1978
m-n
-1984
i960
1968
1945
4s
f 7s series B—
s
—
External
s
lABrazil (U S of) external
*107% 108'%
106% 108%
J-J
*103% 104%
102%
m-n
*103% 104%
102%
106%
15
1948
J-J
*101% 102
102
102%
101.10
12
100.28
101.12
3s
Jan
15
1953
J-J
*103% 104%
104
103.11
103.28
103.28
Jan
15
1958
J-J
103% 103%
102.9
A Carlsbad
1954
J-J
*39%
104.24
AChile
1942
m-n
102.4
104.11
104.24
"102.19
102.21
*102.21
*102.23
10lT29 10374
102.25
A 6s
AExtl
*102.23
m-s
m-s
102.26
3-D
102.25
102.21
103.2
102.28
102.10
103
102.26
102.26
100.25
103.3
J-D
102.23
102.23
102.23
J-D
102.23
102.23
102.25
J-D
*106.15
*101.17
3-D
101.5
101.5
101.19
101.9
101.23
101.5
101.4
101.10
1961
1
1961
F-A
*19%
*19%
m-s
1982
sinking fund 6s
1963
J-D
117Vi
1963
m-n
Mortgage Bank 6%s
1957
sink fund 6s
*18%
*18
J-D
a-o
a-o
1960
assented
(Hukuang Ry)
Exchange
of
1928
of
1927
Oct
-
J-D
1981
1961
NY
a-o
Mtge Bank 6%a
1947
1940
Cuba
f -A
A-O
*82
Rica
bonds
36%
2
35
38
36
36
1
35
38
34
37%
34
37%
36
J-J
*35%
J-J
*35%
40
a-o
*30
31
30
33
a-o
*30
30
33%
30
30
30
101
101
J-D
101
102% 102%
100
F-A
94'/a
m-s
99 Vi
99% 100
99%
100
99
107%
105'A
95%
103
100%
104
10
190%
102 %
2
105%
109%
19
.;•; ;
*103% 108
J-J
8s——1941
(Int reduced to 3.375%)-.—1979
102
108
102%
108
108
70%
A-O
f 6Vis of 1927—.—1957
A-O
*
65
,.
*68
*68
69
'
69%
--
59%
73%
53
8
70%
70%
57%
71
!/
*75%
*75%
54 ■<]
54
26
35%
77%
49%
*46
J-D
1953
m-n
85%
1945
J-D
A-1951
A-O
1942
J-J
5%s
(Rep of) 8s
ser
series B
20-year extl 6s
gold 5%s
§ A 1st series 5%s of
sink
fund
5%s
k
70
1979
A-O
1952
J-D
stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
6% funding bends of 1931
Stamped pursuant to Plan A
(int reduced to 3.375%)
1979
External $ bonds of 1944 (PlanB)—
52
70
o
■•'
'A.-"/ >
52
■
»
73%
54
110
157%
112'A
110
115
157% 157%
154
157%
*110
1147/a
72
115%
*110
115
74
115
V:
95%
95%
95%
98
98
92
917/a
92
f-a
a-o
m-s
*101'A
a-o
*101%
52
s
80
77
63%
Series No.
a%s-Series No.
3%$
*63
52
63'/4
.
68%
52
100%
m-s
*101%
1969
a-o
*101% 102'/a
1969
a-o
1967
J-J
ext 6s_
1945
m-s
7s stamped
1949
1949
J-D
101%
100
102
*101 'A 102%
(Republic of)
(Rep of)
7s
unstamped
65
*53
447/8
97
*97
*108%
106%
„
52
A7s
part
paid
A6s
part
paid--
1964
16"%
19S8
.
16
Haiti
(Republic), s f 6s serlep A—1952
Helsingfors (City) ext 6%s_.
.-I960
A-O
Irish Free State extl s f 5s
m-n
AJugoslavla
4
Series
No.
3%s
Series
No.
4
52
67%
Series
No.
*63
70
52
68%
3%s
Series
No.
*63
69
60
Mexican
—i.S60
(State Mtge Bk) 7s
167/a
17
16%
16
16%
147%
*96
97%
96
*88
82%
*101%
•
*20%
25
100%
74
—
63
63
63
No.
*74
53
-As
Series
No.
*74
51%
Series
No.
*74
52%
75
33/iS
Series
No,
33As
Series
No.
•"lis
53/4s
Series
Series
For
Series
No.
footnotes
13—77777777—7__7
see
page
I
800.
76
52%
6%s„
1954
3-D
30
30
30
34%
1954
J-D
*__
99
94
100%
(Colombia)
51%
66 %
51%
66
51%
68
60%
60%
27
Irrigation—
A4%s stamped
: A Assented
to
assented
Nov.
5.
:1943
1942,
agree
M-N
*12%
*11%
~
14%
12%
12%
10%
11%
For Financial Institutions
SECURITIES
FIRM TRADING MARKETS
ram, mams 4 no. bc.
FOREIGN SECURITIES SPECIAUSTS
50 Broad Si., New York 4, N. Y.
68%
70
*60
60'/a
14
52
64%
*60
No.
3%s Series No.
3%s
*74
*60
90'A
102
(Prov) 4s readjusted
12%
74%
3%s
3
25
23%
100
A-O
72
23As
63%
98
l'<57
AMedellin
Mendoza
A-O
68%
3%s
631/4
60
108
Greek Government—
68
11
64%
3—7
95'%
101%
a-o
1961
FOREIGN
■'
99
100%
66
.
99
__
it
81%
69%
66
41%
105%
66
59%
94
89%
108
—
71%
72
s
114% 115
66
57%
68%
*
A-O
—
61
*70%
J-D
"
,
31%
1940
series
French Republic
50
.72%
112%
112
1940
1926
5%s 2d series
A Estonia
"108
112
1942
Customs Admin 5%s 2d series
1st
33
3962
Rep Cust Ad 5%s
series
83
32%
_1955
External gold 4%s
IADominican
.
85'A
*108
a-o
1952
J 32%
85%
83
•:>
.m-n
1951
7s
42
.
J-J
External
77%
F-A
1953
8s
61
1947
J-D
ASinking fund
69
-v
58'%
f-a
IA Denmark
55%
41%
m-s
7s
14
68%
.
-
*46
1949
wks
80
m-n
1949
5%s
k 35%
18
50
1977
§A2d
34
•16%
.
Ry)
—
99%
101%
90%
V
■
Stamped pursuant to Plan A
(Int reduced to 3.375% )
(Central
32
4
102% 103
A-O
A7s
/
103
90
10
95
105% 105%
95
65
95
94%
105'/a
100%
6
':/■
18%
18%
41%
debt—.
loan
external
"
"7
100
94%
A-O
J-J
J-D
s
105%
34
1
17%
18%
*47
(Republic of) 5s of 1914
Finland
M-N
M-N
1957
AExternal
86%
3
'/•''• H
17%
17%
48%
4'/2s
33%
A-O
18'%
17%
/'
-
[—1952
of)
(Rep
A Czechoslovakia
■,
J-J
J-D
Stamped pursuant to Plan A
82
36'/a
J-J
J-D
f 6%s of 1926,
71'%
79
90
71%
62%
*66
MS
61
*66
18%
18%
18%
17%
a-o
Jan
f $
8
(City) 5s
25-year gold 4%s
1-1693
>18
17%
?
>
J-J
A Costa
-17%
~2
18%
18%
18%
19
L
18%
18%
18%
a-o
1970
external
AColombia
Teletype
,
18%
18%
"
18
(Republic of)—
A 6s
Copenhagen
V,;
'/
m-s
1951
6s
19%
19%
•17%
—
m-s
1900
Cons Munlc 7s_
,
20
m-n
m-n
19%
18%
17%
7
18:'/
J-D
1962
19%
19%
17%
•
19 %
J-D
1962
19 %
17%
—
-19 %
1961
assented
Chinese
3s
/
.
*19%
19%
1961
sink fund 6s
19%
'
18%
1957
assented
A 6s
Securities
19%
1961
6%s
A6%s assented
>
19%
19%
17%
19%
1961
fund
19%
18%
J-D
assented
ASinking
112% 122
17
117Vi 117% r
-17%
19%
19
19%
m-n
*
A6s
19%
22'/8
18%
a-o
assented
AExternal
~6
—
a-o
1962
AExternal sinking fund 6s
19%
19%
18%
m-s
1901
20
■
17%
40
19%
19
J-J
J-J
Sep
assented
105%
-70
18%
22
196)
1961
•
17%
•/
19%
*
1961
Sep
•
20
19%
19%
Jan
bs
36
20
Jan
s
slnktng fund 6s
A 6s
*19%
F-A
Feb
assented
A 6s
103.6
Feb
6s
105%
103%
70
a-o
a-o
106'A
18%
m-n
i960
assented
AExtl
106.17
J-D
100.13
1942
1960
sinking fund 6s
sinking fund
A6s
io~o7i7 10T5
27
f 7s
s
assented
A6s
1
8s
External
ATlv external
103
*102.10
(Rep)
AExternal
*102.26
m-s
(City)
his assented
102.23
J-D
3s
3s
102.27
102.20
J-D
m-s
1978
s
76
111%
Jan
*104.9
m-s
Stamped pursuant to Plan A
(Int reduced to 3.5%)—
AExternal
96%
109%
110% 111%
2%s
*102.2
-1958
*
63
104.9
m-s
1953
f 7s
83
2
100.27
J-D
m-n
-1953
"2
70'/a
1
102.9
1949
External g 4%s of 1S28—
itelglum external 6 Vis
I External s f 6s
:k:
92%
70%
J-J
APublic
coll 7s A
(Dept)
95
<;
103.31
(Colombia)—
(King t«I Norway)
External
94%
80%
95
108.15
Municipal
1945
AExternal s f 7s series C
1945
AExternal s f 7s series D
1945
AExternal s f 7s 1st series
1957
AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series__1957
AAntwerp (City) external 5s
1958
Argentine (National Government)—
S f external 4 V2S
1948
8 f conv loan 4Vis
1971
S f extl eonv loan 4s Feb
..1972
S f extl conv loan 4s Apr—I,
1972
Australia (Commonw'lth) 5s of '25-1955
External 5s of 1927
—1957
A
94%
80%
.1961
1967
1968
Sinking fund 5%s
AAncloqula
80%
13
104.6
Broadway, New York
1947
1948
111
95
75
92%
92%
:
a-o
95
91%
90
*91
J-J
30-yr 4s
'
103.31
4%s
fund 6s—*_
102'A
100 y« 103%
91%
;
a-o
3%s
3s
External
sink fund 6s
951%
13
101%
101.6
101.6
J-D
Members New York Stock
sink
67
/ 68
•
97%
:;
*103.9
J-D
103.31
Wertheim & Co.
AGtd
v.; 101
89%
91%
f $ bonds
s
•95
m-s
ASinking fund 7s of 1927
AGtd
53
63%
100% 101 •:
F-A
ASinking fund 7s of 1928
Akershus
68
"104.4
m-s
a
Agricultural Mtge Bank
65%
•;
52%
•
;
*100 '/a 102
J-D
-1970
(Dom of)
Colombia
&
52
•
"108.13
J-D
J-D
A 7s
Govt.
*100
1978
100.18
A Chilean
Foreign
51% •66
1977
f 4%-4%s
s
External readj 4%-4%s_
External s f 4%-4%s
100.10 102.2
14
A 6s
120
1
F-A
1991
.
Refunding s f 4%-4%s
A 6s
a
60%
-
(Province of)—
A Guaranteed
REctor 2-2300
51%
m-s
1958
1950
s
A Guaranteed
Telephone
4
*60
External
101.31
F oreign
60%
*60
A6%s assented
1980
60'/a
30
102.9
Transit
3%
60%
15
29
102.17
City
York
New
67
>5
60'/a
28
No.
fund gold 6s
Sinking
Buenos Aires
A Chile
Unification Issue—
Corporate Stock
68
'51%
60%
60%
102,7
102
elQ4.8
-
60%
100.18
101.21
"107.2
67%
51% ■68
•
60%
100.15
m-s
m-s
•66%
•
51%
:
60%
60%
100.17
3-D
J-D
52
'
•51%
*60
.
7
102.5
J-D
60%
—
66
51%
64%
*60
22
102.14
102.4
—
f 5s
Sinking fund gold 5s
105.22
"107.9,
"103.3;
102.7
68
51% -66
'
m-s
102.4
10
60%
60 %
3%s
/
67
51%
-
*60-
60%
Series
105.18
3-D
——_
Series
"106.17
J-D
67"%
59
3%s
"105.16
"105.20
67%
51%
64%
3%s
"100.21
m-s
High
51%
3%s
;
.
m-s
'v
Low
■
*60-
18
J-D
3-D
Range Since
January 1
60%
*60
26
114.12
"113.8
Bonds
Sold
No.
-
112.27
114.12
J-D
No.-16
111.4
"105.8
•
„
Series
3%s
"109.7
„
m-s
3%s
113.6
100.6
V
.
.
low
60'%
*
102.2
111.6
.„
113.6
100.6
—
No.
103.19
„
m-s
J-D
Series
103.21
"111.4
„
Friday's
Bid & Asked
15
3%s
i
113.6
M-S
or
;
(Continued)
103.19
"102
J-D
m-s
bonds
$
102.4
"109.8
_
'
Last
Sale Price
High
102.5
109.10
"102.3
-
__
J-D
.
External
103.27
Week's Range
(Continued)
Brazil
109.24
M-S
——
.—.
Treasury
Low
No.
A-O
—
Treasury
Period
January 1
Sold
Low
Interest
/New York Stock Exchange
Range Since
Bondg
Friday's
Bid & Asked
High
Treasury 4 Vis—
Treasury
or
Government
S.
U.
Interest
Stock Exchange
New York
Friday
BONDS
Telephone HAnover 2-0050
Teletype N. Y. 1-971
:
/—
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
162
797
NEW YORK BOND RECORD
RANGE
''
bonds
,
iterest
Last
Period
Sale Price
or
"•
Bonds
Friday's
ENDING
AUGUST
17
'
Week's Range
Friday
v',-'
Exchange
Stock
New York
WEEK
FOR
■
-*:
Range Since
Bid & Asked
Sold
January 1
Low
No.
Low
High
High
Mexico— (Continued)—
A Mexico
'
A
US)
i
Assenting 5s of 1899
AAssented
to
1949
1942,
5,
1904
Q-J
1949
-
Nov.
A Assenting 4s of
v
.
ib99 £
5» Oi
exu
Q-J
19%.
16
J-D
*11%
*1*':
'
10%
Reorganization Securities
18
14%
*16%
.
1954
18%
20
13
*18%
agree
:
Railroad
*20
.
'
AAssented
A
*
to
Nov.
1942,
5,
agree
AAssented
":
Minas Ueraes
Nov.
(State)
external
A Sec
*18
5,
external
V:V
-i-ij it
■-
♦22%
*; 1"' ■' '*
9%
;
series
AGs
New
South
.17%
22%
.
.
'-ii
PFLUGFELDER, BAMPT0N & RUST
22%
A"
—
Member $
35%
7-b
1959
47%
120
F-A
*105
—
(State)—
f 5s
8
.External
f
s
1958
4%s
(Kingdom of)
Norway
External
fund
sink
1965
Municipal Bank extl a f 5s
101
a-o
1963
1970
4%a
-V-y 4s sink fund extl loan
100
M-S
100
J-D
F-A
10
100
99
100
*93%
;
.
97
—
—:
•A.'jw—
Oslo
APanama
M-N
to
ext
(State of)
reduced
A Peru
M-S
23
23
23V4
10
j-d
20%
20
20%
83
A
1961
a-O
20v2
20
20%
46
1940
a-O
1958
1947
A-O
gold
(Rep of)
&4%s assented
6s
AStablllzatlon loan s f 7s
>
A4V2
a
8s_g,-_1950
1963
1961
j-j
26
:pi j-d
1 -'A.
;
(City of) 8s
pursuant to Plan
(Ipt reduced to 2.375% )
«':/
Stamped pursuant to Plan
(Int reduced to 2.25%)
30%
25%
39
14%
303/4
44%
w"
_5
26
--
—
50%
47
41
49%
42
71'/a
—
•
a-O
90
- A
104% 104 %
104'/a
*47 %
__
50
83
101%
3;,-;
41
43
"l
43
*39
__
A-O
*50
A"-'
J-D
Stamped pursuant to Plan
(Int reduced to 2.25%)
municipal
A7s
M-N
A
46
40
45%
2004
1967
45%
•
45 Ya
42%
"3
39%
A-
493/4
39%
—
36
403/4
393/4
■
483/4
2.25%)—:_2004
to
reduced
1964
M-N
sink tund 4s
Fe external
flanta
2.375%)—2001
1957
Stamped pursuant to Plan a
(Int. reduced to 2%)——2012
|ASan Paulo (State) 8s
—P1938
Stamped pursuant to Plan A
(Int reduced to 2.5%)——:1999
reduced
(Int
to
AA
Stamped pursuant to Plan A
(Int reduced to 2.5%)
*60 ,'
«_
J-J
At
—
(Kingdom)—
A8s secured external
—1982
A7s series B sec extl
1962
A Silesia
(Prov of) extl 7s
—_1958
A4Vis assented
1958
J-J
M-N
M-N
J-D
J-D
;;
A4%8 assented
"2
74%
~1
/'A
—
,
21
463/4
37
51%
873/4
64
A"
46
66%
/
;,
j *10%
*20
~AA
M-N
M-N
M-N
a
..
'
101
:
22
;
—
5
105
4
72
*17
—
80
J-D
—
1958
1962
3s
...——--..1969
debentures
3s
Am <Wat
A
deb
Wks & Elec
6s series A
1975
Anglo-Chilean Nitrate deb
1967
Arbor 1st gold 4s
..—1995
Memphis Rv Bdge & Term 5s 1964
102%
&
cum
Co
105
A
(Subordinated)
For footnotes
Consol
1st
5s
M
;—1961"
1st mtge 4s series RR
—1960
AInc mtge 4J/2s ser A
July 1970
tABoston & N Y Air L 1st 4s
1955
Bklyn Edison cons M 3V4s
1966
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 6s series A.
1947
Gen mtge s f 3%s
1969
1st gold
4%s series JJ
(interest
modified
to May 1, 1947)
3%
due
page
800.
—.1960
115
■—
.
■
2
a 105a
,
87%
131 Va
102
131%
103
103
"l
"l
:.V
__
—
105%
1073/4
104
..
1001/4
A .A
2
1063/a
106%
98
12
107%
104
.
1001/4100%
103 Va
71%
71%
74
35
70%
72
72
75
10
63%
M-N
105
*
F-A
M-N
..-.A-'A
.
M-S
A 106
106
'
-
J-D
*108
_
:\
*109% 1103/4
'Sl
—AA
*..
'
84
—
:.V
-
"• 'i.—
A-A'
;A,
'
110 A
105%
•
106%
108%
j*
108%
106%
—
108s/a
106
80%
105
'
AAA
"'\lr *105% 105%
'
—
1063/a
105%
108
105%
.
108%
105%
3
107%
109%
111%
107%
107%
45
.
733/4
86%
37
31%
__
109
10.:.
M-N
77%
80
42%
.^78%
45
•
a-O
/%,;
A
425/a
-
__
102%
a-o
'
*_.
87
J-J
49
102% 103
85%
91
A
15
31
101%
4
85%
7
97 Va
51
49%
103%
101
a-o
101
102%
98%
107% 107%
'104% 107
115
115
115%
104
106%
108%
103%
107 Va
112
20
117%
118% 118%
1
116%
121 y8
J-J
116%
116% -116%
12
116 Va
117%
J-D
117
117
2
116%
V8
J-J
119% 119%
6
116%
117% 117%
*113% 114
2
115%
120%
f-a
112%
115
Northern Ry deb 6%s—1946
J-D
*104% 105%
4%s——
gSld 4y2s
Collateral
4'/2s—
1949
1981-
gtd gold 4s_
104 37a
107%
96%
106%
25
103%
12
103
105%
107%
121%
~4
111%
120%
107 y4 107y4
M-S
105% 106 %
103
106%
3
107
110%
>120%
J-J
•
*.1965
Clinch & Ohio 4s„
117
115V4 115%
1960
4y2s
trust
J-j
f-a
deb stk perpetual
203/4
157
108
Corp 3V2s debs
Celotex Corp 3%s debs. —...
A Cent Branch U P 1st gold 4s
M-S
*
F-A
78
87%
1962
...1959
88
tACent
114%
116%
99
...94
103%
102
1043/4
29
105%
109%
25
105%
.
Illinois
Central
1021/4
105% 105%
136% 138
116
143%
103 v4 103%
44
101%
104 i/a
A-O
M-N
103%
103 % 103%
32
100%
104
110%
115%
103
__
87
2
109%
1st
gold
Nov
f-a
95
95
97%'
M-N
68%
68%
72%
85
22%
22%
16
14%
28
20y2
22%
76
133/4
28
751/2
76
4
63%
40
40%
4
*108
109i/4
14
(4%%
1949)
1073/4
1974
§ACentral RR & Banking 5s stmp.1942
& Ohio Ry—
&
R &
A
1st
84
87
48
109%
103%
.
38
41%
41%
43%
165
40
J-J
40
42%
70
363/4
38
39%
37
34%
48%
13
353/4
f-a
103
102% 103%
55
44
101
103%
106%
1073/a
*89'/a
M-N
cons
141%
96%
1043/4
..1996
M-N
104%
f-a
104%
1946
85
-J-J
1989
j-j
tACLIcago & Alton RR ref 3s„—.1949
a-o
8
28
*131
49
90
145%
104%
106%
104
107 »/2
103
131
125
8
104% 104%
126
32
59
...
*123
491/8
140%
102%
128%
104% 105'/4
*102'/8
J-J
gold 4s..—.1989
52
$
•:
1
111
...
141% 142%
s
109
108%
f-a
M-S
1996
S
52%
38
1992
4V2s
impt mtge 3%s D_....
Div
106%
A
to Aug 1
gold
29%
96
Chesapeake
General
53%
91,
106%
107%
1st & ref series
■86%
:
16
105i/4 105%
Ref & impt M 3%s series E—
102%
5
102% 102%
f-a
Ref
107%
102%
a-o
105%
104%
J-j
a-o
1974
Power 3s
102
.
J-D
73
8
—1987
registered
90
104
20%
Central Pacific 1st ref gtd gold 4s_1949
Guaranteed gold 5s
1960
94
—
a-o
j-J
....
71
—
59
1966
a-o
1987
Y
}
1945
—
N
104%'.
87%
J-J
A4s
.•
102%
■:'l
86%
1st gtd 4s
1961
JACentral of N J gen gold 5s
1987
A5s registered
——1987
4s„
103
86%
New Eng
AGeneral
103
106%
J-D
.1946
5s„
3%s_.
Light
103
J-J
102%
1948
ARef & gen
Div
*103% 104%
J-j
1945
tCeutral of Georgia Ry—
Alst mtge 5s
5 A Consol gold 5s
102
137
106%
102%
129%
..
a-o
iOct
5s
Cart & Adir 1st
103%
106
J-J
a-o
JJACarolina Central 1st gtd 4s
Certificates of deposit—
105%
106
,A''
102 »/4 102'A
*106
A-O
gold
Can Pac Ry 4%
A-O
M-N
98%
102%
•A "
1951
gold
87
M-S
105% 106
98'/a
86%
100%
•
;
__
1061/4 106 'A
'
M-N
Carolina
89%
155
103l/4 103 Va
M-S
75
1957
1969
1970
1955
1958
Guaranteed
100
101% 102%
100
101
86%
F-A
gtd 5s A—1962
cons
gold
Guaranteed
100
—
—
*96
100
91/
M-N
1974
3yss
AMobile
87
86%
28
*107%
A-O
1968
3%s.
Power
Elec
2d consol gold 4s
...—1975
1957
Bush Term Bldgs 5s gtd
Potts Creek Br 1st 4s
1964
at
due
102 3/s
*114 % 114%
102
101
F-A
A:A/A A'
tBurlington Cedar Rap & Nor—
§ Alst & coll 5s
—1934
A Certificates
of deposit
Bush Terminal 1st 4s
1952
Consolidated 5s
1955
Central
V
97%
V.5";
•
F-A
100
101% 101%
*_
1003/a
1303/4 130 3/4
A';':
—
>
1981
Buffalo Niag Elec 3%s series C—1967
1
107
*98% 102
94%
933/4
1303/4
M-S
109
.
38
55
*1013/a 102
1969
107
__
97%
*..
M-N
1
102
456
*1023/4
M-S
1063/4
*100%
88
61%
93%
'-A//
J-D
1955
series II
27
96%
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663/4
100
--
A-O
;
1967
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104%
—
99
105
A
F-A
series G
5V2s series B
—1959
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.1959
AChatt Div pur money gold 4s_.1951
A-O
88
761/4
A; *—
1960
1965
mtge 3V4s series H
& Maine
Canadian
debs
see
mtge 3s
89
(111 )—
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Income
Consol
103 7/s
107
66%
Corporation—
104
M-S
mtge
Steel
105%
Jan
Q-J
1st
Bethlehem
102%
A.
92%
109
93%
93%
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103
A-
753/4
73 A' 753/4
100
.1956
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1950
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1
Ann
Armour
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debentures
4
J-D
Co
2%s
102 % 102%
105
debentures..
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103% 103%'
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57
97
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1951
series C—1960
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91
13
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105 3S2
Tobacco
1st 3%s
Beech Creek Extension
J-D
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conv
J-J
80
155
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__
88%
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k
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3s
1951
stamped
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3
107%
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70
'•
-
19
1949
3V4S
1951
ref 4s
78%
'
—
—
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3%s
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1959
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.
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deb 5s
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1950
1947)
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.
\
M-N
due
1
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1975
Foreign Pow
97
'
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1961
debentures—!
—1966
&
59%;
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.1998
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100
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Feb 1 1960
due
32
•
„
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1948
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73
Calif Oregon Power
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West
73%
99%
96
.
to
—
Celanese
3%s.—1967
mtge 3Vis
1972
mtge 4Vis
M-S
due
California
83%
1948
Gen
1996
F (int at 1%
ser
Sep 1 1946)
21 Va
83%
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Alleghany &
£
27%
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J-J
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1953
1953
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6s with warrants assented
73%
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A
>
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25
76%
73 A
to
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12
*100
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1949
Power
2000
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Guaranteed
1948
1947
Alabama
82
9
*100
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Great
.A;
5
35
101
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Alabama
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due
1946)
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,
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JAbitibi Power 81 Paper—
1993
gen
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21
.
21
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—
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/
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1978
1984
1958
1958
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1978
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„
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36
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r
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1964
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1979
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1979
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53
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J-J
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A -v.■:.AA:'
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y
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extl conv
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39
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1948
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r£:
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.
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50
38
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52
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'
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1953
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—
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;
J-J
1999
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1940
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..1978
A Uruguay
42
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40
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—
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1950
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V
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31
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'
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..
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•
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1993
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—
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._
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1951
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__1968
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:
—
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to
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1999
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&
Sep 1 1946)
'
of 1921
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110 34 11034
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(int at 4% to
Oct 1 1946) due
—July 1948
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104%
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__
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.
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to
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124
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1963
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...
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A
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26
>
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1947
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1948
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:2001
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-1953
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,:
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115%
21
243/a
32
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1960
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.1948
1955
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—
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24
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2001
AExternal loan 7Vis
1960
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7
—
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—
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a a.
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s
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of
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1955
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47
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__
1909
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*123
i
■
—
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.—1995
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Atlantic Coast 1st cons 4s
-.
M-S
&
a-o
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.1995
4s___
1905
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Atlanta
100
38%
1960
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44 VB
44>/a
-
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of
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95%
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95
*98% 100
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—
1959
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v,
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s f 6s 1st ser
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1947
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1967
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1963
1994
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mod
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'
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extl s i os ser A.1963
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a-o
—1958
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4s
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101%
88
•
Range Since
January 1
Low
High
Bonds
Friday's
or
Bid & Asked
Topeka & Santa Fe—
General
103
98%
2 A
V
-;V''v
'
Sale Price
Low
103%
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'i
*101
V
97%
1
101
Last
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1
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Friday
Interest
—
—
—
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1956
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BONDS
•
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41
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1957
A
■
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—1952
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37
118
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61
y
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—
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16
/'
.
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1958
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s
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A Sec
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_
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f 6V2S
s
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to
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1943
1942, agree
r.5 A Treasury 6s of 1913 assent—1933
AAssented to Nov. 5, 1942, agree
Accenting 4s Of
384
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 20, 194$
NEW YORK BOND RECORD
7
RANGE
Interest
Exchange
Stock
Last
Period
New Fork
FOR
WEEK
ENDING
8ale Price
or
Friday's
Bonds
•
Bid & Asked
Range Since
January 1
Sold
Ho.
High
Low
:
New
ref 4'/2S series B
1st &
3%s
ref mtge
1st &
Eastern 111 RR—
inc (convj
Chicago &
A Gen
____
J -J
&
1st
A
gen
&
4s
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115%
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1970
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1965
109
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65%
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22
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—
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—
,
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"
1964
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111
95%
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2000
J-J
1971
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73
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374
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1,190
17%
86
86
90
323
77%
94
100
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—
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581
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I
106%
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__
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—•
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20
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48
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.
*104% 105
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.-1934
73 :
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40
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53
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*__
1952
116
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101
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101
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__
120
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1973
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1970
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27
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4
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1
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__1970
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8
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106
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74
__
14%
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84
14%
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18%
102'/4 102%
102%
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103%
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—
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•
2015
J-J !
100
100
100
91
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100
100
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98.
104
b
ref Term
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—1952
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109
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v
'
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70
104
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a
—
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103
76
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69
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105
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1949
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108
103
109
*105
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1977
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89
/-D
1969
mtge 3%s series 1-,«_-A_a_1967
mtge 3y8s ser K___
1960
Gen
*__
.
1A
General 4y2s series D—;
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88%
v_
77%
104%
Corp—
lOct 11945
General 5s series C
99%
91
5s____1949
cons
Great Northern Ry Co—
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■
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57
103
73
*104'/8 105%
Certificates of deposit
73%
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80
55%
67%
67%
102
'
Berg Co
General. Realty & Utilities
sA4s conv, inc debs__
Gen Steel Castings* 5 %s
Goodrich
70
J-D
99%
*—
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Grays Point Term 1st gtd 5s
;_1947
74%
47%.
70
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132
120%
1H-S
1950
{§AGa Caro & Norlst
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»
1974
{AGeorgia b Ala Ry 5s
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90 y4
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50
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;
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.
68 %
102
62%
1959
117%
131
99%
103
—
...
103
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YYYiiYY;
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103
100
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132
*125
ACertificates- of deposit-.:
Francisco Sugar cpll trust 6s
33%
J-J
.
105% 105%
*126
:
73
85%
106%
104
*106
117%
22%
*84
101%
99
119%
F-A
*102
102%
98%
106%
98%
M-S
:_1961
Alst & ref 5s series A
•
96%
I '
105%
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"
J-D
114%
9
98
100% 100%
J-J
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J-J
1966
1967
Elec 3Vis
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Union Terminal—
mtge gtd 3%s series E
1st mtge
103%
100%
J-J
F—:____1990
1st
Cincinnati Gas &
115
100
j-j
Firestone Tire & Rub 3s deb
92%
44
97%
96%
J-J
F-A
1943
1957
1952
§ ADebenture
116%
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{AFlorlda Cent So Peninsular 5s___1943
Certificates of deposit
108
88
97%
1952
1962
Co deb 5s
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{§ AChilds
{AChoctaw Ok Si
106%
—
99
97
1963
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107
112
115%
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30
97
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;
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Chic & West Indiana com
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105%
112
*~
29%
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105
7
*106
High
103%
97%
—
—
107% 107%
96%
J-J
1951
1st
cons
cons
January 1
Low
102%
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Chicago
M-3
110
45
23%
—
107%
*102
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Sold
No.
High
a-o
{Florida East Coast 1st
4'/2s__-
22
if
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Friday's
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A-O
:
2015
1st
84
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1962
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r12
1
1965
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.
79
90
or
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Gen
83
90
—„
J-J
1960
11960
gold 4s
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140
90%
101%
Y
J-J
1951
Southeastern 1st 5s
guaranteed 5s
Dec
ACertificates of deposit
stamped
Empire Gas & Fuel 3%s
76%
132
■
.5s
99%
12
'
93%
....
Income
1st
.
M-N
1934
1952
1960
1951
Chic T H &
60
98%
,
75%
1927
3Vis
Memphis Div 1st
97
1989
of deposit.
gold 4s
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Chicago St L & New Orleans 5s
106%
••
96%
71
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115 Vi
104%
■u:f_
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112%
i
100
98
Last
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Low
Ohio
1960
1st 5s
Interest
1950
27
...
67 %
i
■:
J-J
I ARefunding
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66
if
J-J
Island & Pacific Ry—
1988
{Chicago Rock
67; f:
—"■
J-J
1947
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1st mtge
113%
Week's Range
Friday
Exchange
High
111%
4
Ry—
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JjAChicago Railways
25% part paid
;y';Y:
104% 104%
J-J
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gen
113
■»w
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Chicago Ind & Sou 50-year 4s
1950
{Chicago Milwaukee & St Paul—
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May 11989
AGen gold 3Vis series B__May 11989
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May 1 1989
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May 1 1989
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May 1 1989
{Chic Milw St Paul & Pac RR—
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__
1975
.AConv adjustment 5s
__Jan 1 2000
Chicago & North Western Ry—
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.1999
A 1st
113 %
f
114%
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series B—1647
C
1947
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114
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__1985
Chicago at Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A
1988
A Gen inc mtge 4 Vis
2038
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114
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{Chicago Ind Hi Louisville
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*
-F-A
1997
mtge
Stock
Elec Auto-Lite 2y4s debs
1958
1977
1974
__
York
Period
Chicago Burlington & Quincy RR—
4s____
'
17
BONDS
Low
General
AUGUST
Week's Range
Friday
BONDS
108%
J-J
*98
M-N
98%
*107'/4 109'/4
98 y4
108%
110
139%
144%
Cincinnati
1st
1969
1974
2%s ser G
Cleve Cin Chic & St Louis Ry—
1st mtge
1993
1993
1977
gold 4s
General 5s series B
General
4Vis series E
Cin Wab & M Div 1st 4s
St L Div 1st coll tr gold 4s..
Cleveland Elec Ilium 3s
.
Ref & impt
1991
1990
1970
Pittsburgh RR—
Series C 3 Vis gtd
i
—1948
Series D 3Vis gtd
—1950
Cleve Short Line 1st gtd 4%s_.
1981
Cleve Union Term gtd 5 Vis—.
1972
1st s f 5s series B gtd
1973
1st s f 4Vis series C—
1977
Colorado & Southern Ry.—
F-A
-
112%
112% 112%
2
F-A
102%
102% 103'/a
24
102
104%
J-D
111
111
2
107
112%
J-D
"Y_
J-J
86%
86%
91
70
83
96%
J-J
85
85
89%
20
80
91%
105% 105%
2
111% 112%
SP5H?
-.-.v
*121%
M-N
VY
J-J
111
107% 107%
Y- Y,
1'
107
A AdJ
109%
Income 5s__
Feb 1957
J-J
*139
J-D
144
103
M-N
103
72%
M-N
96
75
87%
114%
*114% 115%
F-A
103%
72%
115%
A-O
69%
72%
64 Va
80
33%
$
35
30%
45
107
109%
■
1999
{fAHousatonic Ry cons gold 5s—1937
Hudson Coal 1st s f 5s series A—1962
Hudson Co Gas 1st, gold 5s
1949
Hudson & Manhattan 1st 5s A
1957
101% 106
107
—
Hocking Valley Ry' 1st 4%a
__
112%
Cleveland &
(stamped
4Vis
1980
1952
1961
1st extl gold 4S..1948
Ohio El 3Vis
1970
1st extl 4s
1953
modified)
deb 5s—
Columbia Gas St Elec
Debenture 5s
Columbus & H V
Columbus & Sou
Columbus & Tol
Commonwealth Edison Co—
3Vas
1958
1st mtge 3s series L
—1977
Conn Ry & L 1st & ref 4Vis
1951
Conn River Power s f 3%s A
1961
Consolidated Edison of New York—
3 Vis debentures
1948
3 Vis debentures
1958
3 Vis debentures
1958
debs
Conv
deb 3 Vis
Consolidated Oil conv
1951
deb 4s
1954
{ACoftsol Ry non-conv
ADebenture
ADebenture
4s__
Power Co—
Consumers
1st
mtge 3 Vis
1st
1st
3 Vis
mtge 3 Vis
1st
'
1955
——..1958
4s
mtge 3 Vis
mtge
.
Crucible Bteel 3 Vis s
f debs
—1965
1970
1968
1969
1955
1943
5Vis
fACuba Northern Ry 1st
A Deposit
receipts
ACuba RR 1st 5s gold
F-A
1952
*107 J/4
A-O
107 y4
A-O
A-O
receipts..
extended to—
1946
receipts
—
Publishing Co 3s deb———1958
series B
ADeposit
Curtis
105%
106 y4 107
104%
105
102%
107 V*
•"
.M-N
70
M-N
102%
J-J
/>*#•«*
108%
•«?••••'
70
103 y2
A-O
106
v,
75
.:■&
70
*110%
F-A
*114 %
mtge 3s
1970
series B—1303
1965
V
Dayton Union Ry 3 Vis
Deere & Co 2%s debs
.—
extended
1963
Lack & West RR Co—
N Y, Lack & Western div
i 1st
& ref M 5s ser C
1973
s Income
mtge due—
1993
Delaware Power &; Light 3s
1973
{Denver & Rio Grande RR—
§ Alst consol 4s
1936
SAConsoi gold 4Vis
1936
Delaware & Hudson 4s
1951
Extended
1st
J-J
:
J-J
1952
A-O
1955
M-N
114.-/.:
Purchased
lines
3'As
Collateral trust gold 4s
1952
_
A-O
*106%
126%
40-year 4%s
108%
Cairo Bridge gold 4s
112%
105%
107%
116
__
102% 102%
A-O
102%
J-J
105
J-D
102
102
103%
102% 102%
102
105 y8
104% 105
32
-
'
104%
107%
102
102 3l2 103%
105%
J-J
*--
65%
57
74%
J-J
*—
64%
58%
75%
J-J
:Y:.:Y
—
64%
%
57
74
*103% 104%
104%
106%
M-N
*106% 107%
106%
108%
M-N
106
103
106
Springfield Div 1st gold 3'/2Sa
Western Lines 1st gold 4s_
Registered
HI Cent and" Chic St L & N O—
Joint 1st ref 5s series A_s
1st ref mtge
...
4s ser D—.—s_Z
Ind 111 & Iowa 1st gold 4s
105%
108%
108%
110%'
{AInd & Louisville'1st gtd 4s_^
6
102%
103%
Indianapolis Union'Ry 3'/2s
50 y4
6iy4
42
i|
42
*78
J-J
J-D
51
41
82
42
44
*61 Y!-:
41%
•i'
A-O
'f''1
r
41%
41%
41%
100%
1963
88%
105%
F-A
92%
J-J
ii
J-J
92%
*75
94%
94%
92%
94%
A-O
,106
105
1956
B.1986
104
104%
~9
101% 101%
1
1950
1950
1947
1955
—1972
1952
87%
108 y4
96
99%
105%
97
103%
183
81%
100%
77
76%
95%
9
92%
J-J
83%
73%
92
89%
105
94
1
105
106%
75
97%
*111
A-O
J-J
105
*__
J-J
'
89
88%
M-S
106% 106%
106%;; 107%
80%
A-O
80%
84%
62%
41
40%
44
28%
54%
76
78
58%
85
f 76
J-J
J-J
76
A-O
83%
J-J
76 Y
79
83%
84%
58%
74%
89%
84%
88
104 Va 104'/4
M-S
108%
M-N
104;
105%
108% 108%
106%
111%
*103'/8
102
__
J-J
100
ioo
—1955
F-A
104%
James Frankl & Clear 1st 4s
1959
J-D
1961
J-J
;
104% 105
103%
98
100
.
ioi
102%
95%
102%
99
105%
108%
103
98
82%
89
__
*102% 103
105
83%
8
:
104
83%
SAIntemat Hydro El deb 6s_——-1944
6
2
96
*96% 100% Y
88%
Internat Paper 5s Series A & B
Ref sink fund 6s series
106% 108%
96
103
J-D
71
*103%
97%
74
100%
__
Jones
106%
J-D
99%
107%
95%
J-D
50%
Debentures 5s
135
94%
99
J-D
62
Int Rys Cent Amer 1st 5s B^J
Int Telep & Teleg deb gold 4%s
84%
84
8
100
1963
43
A__,
13
51
99%
103
*100% 101%
1963
66
103%
97%
94
103
101%
43
100%
89%
88%
*101% 102%
F-A
*41
100% 100%
*105%
75
69
*"8
J-J
1951
July 1952
Alst gold 5s series C
52
95
103 %
101
70
Y;
Inland Steel 1st mtge 3s series Fj_1961
{International Great Northern RR—
Alst 6s series A
—a—1952
AAdjustment 6s series A
Alst" 5s series B_,
10
66
J-D
J-J
*61
J-D
—_
14
ser
82 %
103
2
J-J
i951
1950
1
5
*49
41%
'
M-N
1951
108% 108 y4
:M
J-D
J-J
1950
102% 103
M-N
J-D
F-A
Litchfield Div 1st. gold 3s__-_a
1951
Louisville Div & Term gold 3y2s_l953
Omaha Div 1st gold 3s
1951
St. Louis Div & Term gold 3s.*
1951
Gold 3%s
92%
103
105%
105
101
■
101%
96%
M-N
Y
_
102%
103
__
93%
M-N
1955
-I960
—
1st & ref 4%8 series C
M-N
4
__
70
100
J-J
1953
—
105%
107
*112%
-
F-A
123
107
70
Refunding 4s
111%
*122
—
107
*100%
M-S
106 y2
sterling
Refunding 5s_
F-A
A-O
1951
gold 3%s
J-J
—1951
1st gold 3%s
108%
110%
103
*104%
*102%
1st gold 3s
114
A
103
J-J
Collateral trust gold 4s
109%
__
__
1951
103%
^
_J
*
J-J
Central RR—
1st gold 4s
105%
102%
103% 103%
*107%
M-S
86%
Illinois
108
102% 102%
D
Dayton P & L 1st
Illinois Bell Telep 2%s series A—1981
107 %
105 %
!
ADeposit
A6s
1
107 y4107 y2
106%
——.
1946
extended to
__
*112% ii4y4
A-O
«...
receipts
ADeposit
A7Vis series A
M-N
105
Delaware,
•
&
Laughliu Steel 3V48__
93%
103%
93%
103
95%
88%
103%
102%
104%
103
107%
99
s
{Denver & Rio Grande
AGeneral s f 5s
;
A
Assented
1955
.—
—_:—________
Edison 4s series F__
ref mtge 3%s series G
Gen
&
Gen
& ref
3s series H_
Detroit & Mackinac
67
*__
100
99%
67
57%
107%
106
61%
61%
63%
104
63 Va
63 y8
63%
5
105
78%
109
X
59%
75
61
76%
Western RR—
A;Ref & impt 5s series B
Detroit
*—
1978
1965
1960
1970
14
15
12
12
12%
108 %
58%
60%
108% 108%
107
107
106% 105%
1st lien gold 4s 1995
Kansas
gold 4a__1990
City Fort Scott & Mem Ry—
§ ARefunding
ACertificates
14
58%
Kanawha b Mich 1st gtd
*52
55%
*33
36
74
i
197
22 V
■11
3
12
gtd 4s
of
—1936
deposit—
5%
21
Kansas City Southern
5%
19
Kansas City
54%
71%
Ry
Terminal Ry
Kentucky Central gold 4s
106 y4
108%
107
109 y2
Stamped
106
109
56
Kentucky
4'/2s
& Ind Term 4'/2s_
*107'/a
85%
1987
A-O
102%
88%
81%
86%
80%
102% 102%
J-J
*120%
J-J
75%
J-J
J-J
*109%
*105'/a
118%
*105%
1961
unguaranteed
1961
75%
gold 5s
Light 1st M 3Vis
1937
1968
gold 4s
Term
& Tunnel
4%s
Chemical deb 2Vis
Dul Miss & Iron Range
{§ADul Sou Shore & Atl
Duquesne
itast Tenn Va
Ed El IU
(NY)
& Ga Div
1st
For footnotes
cons
see
"113% 114
s101% 103
106
58%
106%
1961
J-J
35%
Kings County El L & P 6s
1997
A-O
*182%
ii4y4
Koppers Co 1st mtge 3s
{AKreuger & Toll 5s ctfs
1964
A-O
*103 VB 104
1959
M-S
1997
101%
103%
106
106
106
60
45
158%
106% 106%
3'%s
1st 5s
1956
*119%
gold 5s
1995
*157
page
800,
118%
79
■
__
106 %
109%
102
102
173%
183%
102%
105 %
108%
151
68
70%
105
__
109 y4
58
91%
104
__
noy2
28
92%
103
101
Lake Sh & Mich Sou gold 3%s
Ry 3%s
1995
1961
1950
1962
ASecond
Detroit
Dow
93
A-O
1961
'
—
85%
85%
—
1950'
2%s—..1974
Plain
48
1st. 3s
A-O
A-O
116%
119%
registered
6
109%
1997
6%
4'/a
109% 109%
105%
110%
102%
108
*108'/a 109
Lautaro Nitrate Co Ltd—
Alst
mtge
income
reg—
1975
Dec
53%
53%
8
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
162
NEW
BONDS
Stock
Friday
Week's Range
or Friday's
Interest
Exchange
Last
Period
New York
Sale Price
Low
Lehigh Coal & Nav
Lehigh & N Y
%:<$■
5
M-S
fund 5s
1974^
Harbor Term
Valley
Valley
stamped
4s
1954
gtd 5s
4 Vas
Y
N
Lehigh
1043/4
V
N
106
100%
100
~3
94
2
98
F-A
91
91
93
76%
F-A
76 Vi
80 Vi
2
N
96%
228
50
50
2
stamped modified
registered
:
5s stamped modified
Lehigh Valley Terminal Ry ext 5s_195l
Lex & Eastern 1st 50-yr 5s gtd
1965
M-N
52
57%
208
50
6
47
M-N
56 Vi
56%
60
83
55%
81
81
85
13
79
93%
119%
A-O
119 % 119 %
gold 4s
*106% 107
.1951
Lotlllard (P) Co deb 5s
.1963
debentures
Louisiana & Ark
1st 5s series A_. .1969
Louisville
Elec 3%s
Gas
&
—
1091/4
F-A
—
v..'——
"V
*118% 119%
A-O
104
104%
13
.1960
M-S
105%
105% 105%
107% 108%
&
ref M
3%s series F
.2003
A-O
107%
ref M
2%s
.2003
A-O
96%
.1946
F-A
1st
G
ser
faducah & Mem Div 4s—
Bt Louis Div 2d
Atl
108
107%
Div 4s
.
107
N
1053/4
105 3%
111%
96%
1
101 372
10137a 10137a
M-S
*102%-104
.1950
M-N
M-S
58%
76%
*—
80
56
74%
*— '•••
67%
56%
75
deb
4s
1955
J-J
61
61
64
12
57%
77
deb
4s
1956
M-N
63
63
63%
15
57
77
1950
J-J
62
62
56%
74%
*116%
66
68%
88
63%
82%
83%
86%
23
83%
93%
1957
M-N
33
33
35
23
25
45%
J-D
62
62
67%
74
61
81%
4s—
&
1st
1954
coll 4s ser B
mtge &
Sugar 4s sink fund—Feb
Elee RR & Lt s f 5s
Mauati
11957
1953
1959
-.1955
Metropolitan Edison 1st mtge 27/as_1974
Metrop Wat Sew & Drain 5%s
1950
f§AMet West Side El (Chic) 4s„1938
(Southern Lines) 4s
AManila RR
McCrory Stores deb 3%
71%
71%
100
3-D
100
74
68%
10
100.
87
100
1(
87
*91
3
A-O
~5
105% 105%
M-N
*105
A-O
100%/
?4%
F-A
104
106
24%
AT-N
*107%
4s
22
25
J-J
98%
}§AMtlw St Northern 1st ext 4%s_-1939
J-D
*107
109
-.1939
J-D
75
lien
Prior
A Cum
4 Vis
J-J
97%
{Missouri Pacific RR Co—
A 1st & ref 58 series A
'
97%
97%
97%
1
95
106
67
67
69 %
67
67
81
83
85%
42
AGeneral
82%
J-J
■
77%
70%
82
12
70%
70%
73
96
85
88%
763/4
F-A
85
M-3
42 %
M-S
84%
42%
743/4
/.
49
72%
33
110% 110 %
3-D
105%
105% 105%
-1965
1966
1951
1958
2000
debentures
1st & ref 33/4S
ext
& Co 3s debs
(John)
110%
1967
F-A
1974
F-A
*103% *104
102
1964
104 %
M-3
*107%
107%
110
1st & ref mtge 3%3
1st mtge 3 Via
guaranteed
Edison
1st
mtge.
4s
1948
mtge 3s
100
J-J
102%
M-N
19
79%
'
__
6
110%
13
104%
1
96
Gas
J-J
22%
22%
105
105
100
1975
F-A
gold 4s
1940
J-D
»
J-J
-
con
gold 5s—a1946
cons
99%
20%
30%
1
100
1946
103%
106 %
100
101
15
99%
10
99"%
102% 102 Vb
10
102 %
103% 103%
103%
J-J
•
A—1960
ser
1st gold Bs
1
103 Vb
105 %
103 %
105%
104%
106%
*103% 107
A-O
105%
105%
105
70
1948
series
M. 3s
J-D
1968
J-D
*102% 103%
1976
*_-
J-D
*106
1971
J-D
*105% 107%
J-D
106% 106 %
series M
1979
J-D
1966
mtge 3%s series C
105%
107
105%
105% 106
22
5
101%
66
67%
45
627/a
1960
M-N
Paterson & Passaic G & E cons 5s_1949
106%
105%
109
110%
107
1
105%
107
103%
105%
M-S
*103% 105
112
Gtd 4s series E trust ctfs
1952
M-N
76
26'i
691/4
1st
51
64 3/4
793/4
1051/2
109 3/a
Mutual Fuel Gas 1st
1947
M-N
1077/8
110
&
1st
863/4
70%
*--,
,r;V,
•y
108%
ref 4%s
&
ref
series
3%s
J-D
1981
P
ser
„_1960
B
.
Power &
Penna
J-J
:_«.^il968.
Light 3%s
*106 ii /
*108
.
J-J
1969
i"-:
107%
10
„_1974
debentures
4%s
106
103%
9
F-A
Consul
._1948
M-N
1073/4
May 1 1948
gold 4s
stpd dollar
M-N
107%
.
sterl
sinking fund 4 %s
General 4%s series A
Nat
Steel
1st
mtge
1960
J-D
A-O
105%
1954
M-N
Newark Consol Gas cons 6s
1948
3-D
England RP. gtd 5s
1945
1945
1952
1961
1986
f ANcgatuck RR 1st
JANew
A Consol
gold 4s
gtd 4s
England Tel & Tel 5s A
New
1st
N
J
New
New
N
gtd 4lis series B
Junction RR gtd 1st 4s
Jersey P & L 1st mtge 3s
1974
A—.—1983
Orleans Great Nor 5s
New
V', •'
120
J-D
130%
1981
A-O
120%
120% 122
19
106%
108%
Gen
1984
J-J
1231%
4
104
106%
Conv
1952
A-O
1043/4
105
107
Gen
J-J
105
112%
Peoples Gas L & C ref 5s
104%
Peoria
*107
-
J-J
' 101
101
10
96
99%
3
95
114% 114%
99%
J-J
12
99%
J-D
-
ACertificates
A 1st
5 Vis
81
of
81
-V
*107% 108
A-O
A-O
90
F-A
87
90
91
95
87
deposit
*—
85
9
55
55
1
49V4
*106%,—
1
106%
*137
General
v
87
.
10
gold 4%s
Electric
86
1st
&
77
1st
and
80
96
"2
80
97%
80
93
81
95
94
89%
V~2
93%
95%
16
92 %
92%
2
84
89
83%
&
1st
ref
3s
.
2%s
—1954
Y
Central RR
4s
series
a~o
93 %
92%
—
A
Ref
N
&
impt 4 Vis series A
Ref
&
imot
1998
Y
5s
series
A-O
83%
A-O
89%
Cent
& Hud River 3%s.,_
1997
registered—_______-1997
Shore coll gold 3Vis___
1998
3 Vis
registered—
ACertificates
131%
131% 131%
'4
106
3/4
106% 106 3A
7
1971
J-D
M-N
M-N
196?
M-N
1963
1937
J-J
2%s debs
1964
-
M-S
1st s f 4s
of deposit
102% 102 %
•.
Phillips Petroleum
14
*102% 102 %
-
1061/4
»
2
102 % 1027/a
102%
■
New
25
.
243/4
*18
F-A
-
102
102
83%
1011/4
83
137
82%
94%
85%
261
78%
9P/4
167
1023/4 103%
21
Series D 4s
guaranteed
J-J
J-J
F-A
103 %
\
.
88
1949
1953
94%
Series
guaranteed gold
4s guaranteed-
1957
M-N
89%
*100
104
87
100%
97%
99%
Series
guaranteed 4s
1960
F-A
*114
F-A
*126
M-N
Series
1963
guaranteed
Gen mtge 5s series A
Gen mtge 5s series B-
1970
94
1975
Gen
1975
■
A-O
F-A
*68
88%
81%
105
105%
mtge 3%s
J-D
100%
1003% 101
40
113
105
106%
100%
102
Pitts
1st
5
106%
109
104% 104%
24
100%
104%
N
Y
Edison 3Vis
1965
A-O
103%
103% 104
17
103%
107 %
6
1st
J-D
mtge 3%s_1964
Steel
1st mtge 4%s_..__;
mtge 4Vii series B
W Vs
__1950
131%
9
y..
15%
30
27
101% 103%
101V2 102:
.
107
113 %
113%
113%
*113
-
*116%
__
-
__
114%
114
,
114
123 •>:
'
'
126%
124%
'
„
127
1
132% 132%
Young & Ash 1st 4s
A-O
106 %
109
1st
gen 5s
1948
J-D
*111% 111%
111 y4
113%
1st
gen
1949
F-A
*109
109
110%
*st
4%s series D
5s
series B
series
C
104%
•
93
93
94
128%
134
129%
:
109
104%
104
1061/4
106%
8
84%
99%
ser
A
A-O
93
93
94%
13
84%
1960
A-O
93
93
94%
15
84%
1948
J-D
106
*106
1962
F-A
*125 % —
1974
J-D
*127
1977
J-D
*117
—
136
103%
3
_1959
1st mtg<? 4%s series B
1st mtge 4%s series C„
Pitts
104%
*104% 105%
J-D
J-D
y .—'•
*103%
3-D
1958
107
105
101%
1
131% 131%
*106
M-N
-
._1950
1st 4%s series A
1968
106% 106 Vi
E—-
ser
Pittsb Coke & Chem
J-J
107% 107%
800.
107
,
91
107%
& Pow gold 5s
106 %
106
106%
.
A-O
95
97
104 J/2
3Vis series E
104%
104%
''
4%s__1964
83
87
A-O
4%s
823/4
14
F-A
page
cons
907/8
89%
1951
see
cons
cons
91
88
1965
footnotes
J
*88
Dock
Purchase money gold 4s—
102% 104%
101% 104 %
''
*—
Connecting RR 3 Vis A—
series D__„
138
128% 131%
105 Vi 108 %
15%
102'A
'•
J-D
F-A
Y
For
F-A
■
F-A
Y
& ref
H
Series I
105
N
1st lien
17
*127
G
107%
N
gold 4s
106%
.
Pitts &
N Y Gas El Lt H
—
25
*101
M-N
1945
Seriis F 4s
,
1998
mtge 3%s series D.
-,—1975
mtge 3Vis ser E———1980
1st
5
•
30
.
103"%
Pittsburgh Cine Chi & St Louis—
99
■
York Chicago & St Louis—
Ref
Ref
70
100%
101%
106% 106 %
*106% 107
■
'
registered—
91%
107%
131 %
r»;.:
J-J
.-1998
1998
—
Mich Cent coll gold 3Vis.
3 Vis
84
2013
3 Vis
Lake
F-A
-2013
C
78%
98
J-J
1967
—
tSAPhilippine fly
:;
18
1977
2%s
debentures
98%
97%
1961
C
1974
2%s
M
ref
series
coll tr 4 Vis
Philip Morris Ltd deb 3s—
98%
89%
F-A
ref
70
81
B
98
deposit
deposit
126%
107% 109 %
84%
55
3eries E 3%s gtd gold
N
•„
*104% 105
5s
77
2
__
*—
series A
ACertificates
A-O
1950
of
106%
F-A
Union Ry
General
Phila
1956
102%
J-D
106 Vi
1954
4Via series D
40
1974
108%
104
deposit
of
ACertificates
A 1st
•
•
100%
107%
105 % 105%
*78%
.
of
106 %
1952
100
107% 107%
Pekin
&
Philadelphia Co
C
series
103%
series
100%
deposit
B
series
23
Phelps Dodge conv 3%s fleh
Phila Bait & Wash 1st gold 4s—
F-A
J-J
{New Orleans Texas & Mexico Ry—
5s
126 %
1043/4 1053/4
M-S
107%
5s
118%
104% 105
M-S
1960
;
27
1980
M-S
104 %
1933
1947
ext»!
4s
4s
123'/a 123%
Marquette Ry 3%s ser D
123%
"r"■ '
Certificates
& Eastern
134
118%
F-A
Pere
106% 106%
A
mtge 3Vis ser F__—_____^_1985
Peoria
126
1953
A 1st
3 Vis
124%
126%
1974
115%
J-J
A 1st
deb
118 %
19
21
130%
5%s
113%
'125
Orleans Term 1st gtd 4s
of
mtge 4Vis series E
1193/4 120%
V129%
Apr
108
inc 5s series A
B
Apr J 990
125%
M-N
104 %
ACertiiicates
series
5s
A Income
102%
107% 107%
$ANon-cum
29
J-D
1968
J-J
A
128 %
General 4Vis series D_a
1952
■.
108%
108%
124%
104%
1st ref & imp 4Vis
O & N E
107%
107%
105% 105%
107
1965
3s
1965
11
96%
101
107%
17
7
101
108%
106
107% 108
*1253/8127
106% 107%
F-A
107 %
106%
107 3/4 108
,
F-A
111
1978
Prod 3Vis debs—.
Dairy
Na-ional
1960
General
N
L 4s series A
108%
105%
107%
107
107
106%
108%
Pennsylvania RR—
4s
Chatt & St
111
105%
—
__
*106
F-A
Cons
Nash
114
109%
110% 110%
77
70
67
*105% 106%
108
107%
J-J
103
70
J-D
107%
104%
107% 107%
3-D
1955
3s B
107%
105
5
*105% 106%
A-O
__1966
f gold 4%s
s
F L
102%
108%
Pennsylvania Ohio & Detroit RR—
67
gtd 5a
103 %
101
106%
l_1974
L
Pennsylvania Glass Sand 3 Vis
M-N
/
100%
106
Co—
3Vis series I
113%
M-N
3-D
107
17
105
100
1061/2
1955
1968
series A-.
M 4Vis
Constr
89 3/a
893/4
104%
23%
M-S
Electric
&
Panhandle East
101%
1955
gtd 3 Vis
1st
Essex
M 5s
Constr
:
*104% 105
115
72%.
Pennsylvania Co—
'
66
Ref
108 %
series B—
Mountain States T & T 3Vis
&
Moir's
106%
71
109
A-O
Pacific Tel & Tel 3 Vis series B
,
102% 102%
54
817%
1975
1st
St ref mtge
1st
107
105%
5
/
1
82%
Electric 2%s
Pacific Coast Co
91%
105"%
100
79
*
__1974
1
2%s
Paducah & 111 1st
110%
Morrell
93%
ref M 3s
A-O
5s
110%
33
Guaranteed stpd cons 5s
593/s
105% 105%
Tramways
933/0
105
&
105%
Power
15
102
1st
A-O
6s
105
102
95%
VaS——1960
Montreal
103
J-J
114% 114%
79
Co—
95%
*106%
Montana
J-J
2047
Power
72%
F-A
:1st mtge 4
2047
States
72%
87%
128
1083/4 1193/4
impt 5s series C
impt 5s series D
127
87
10
110%
180
M-S
113% 114
993/4
88%
84%
124
*127%
136
164
881/2
84%
75
136 3A
136
*138
113%
102%
47
133%
107
ref
gtd gold 4s—1991
Monongahela Ry 3%s series B
1960
Monongahela W Penn Pub Serv—
V
M-S
1
107
&
84%
55
J-J
1st
84%
89%
61
2047
95%
F-A/;./:
977/a
58
1347/a 1347/a
109
Oregon RR & Nav
95
"47
*90
59%
87
43%
A-O
Moh'k & Malone 1st
J-J
123
95%
A
A
108%
'
1013/4 103 %
143/4
35%
series G
5s
109%
107
101%
73
88%
32%
ref
gold 5%S-——-1949
1st & ref gold 5s series H
1980
1st St ref Ss series I—1981
107
*107% 108
J-J
72%
84%
32%
ref .5s series, F
&
*107% 108
2047
A
334 /
88%
84%
M-N
St
M-S
Q-J
Q-F
Ore Short Line
112
321
841/4
M-N
A 1st
44
A-O
:
1997
1st & ref mtge 3s series J
1st & ref M 3s series K
AConv
98 %
25%
89%
64%
346
129
110
88
8
46%
32
35
93%
106
impt 6s series B
Pacific
-
29
98
49
91
A-O
1977
1978
4s
A 1st
A
mtge 2%s
A 1st
93%
82%, 87
J-J
1960
1973
■
29%
1
tOgdenshurg & Lake Champlaln Ry—
Ohio
120
83
1978
1
■*
1
Q-A
(Wise)
116%
J-D
1962
1956
.
Oregon-Washington RR 3s
D
J-J
98%
*106'/8 107
111%
J-J
—.—1962
series
11946
98%
98%
80
48
11%
2047
Oklahoma Gas &
5s series A—Jan 1967
adjust
J-J
52%
26
~9
31
105
1990
40-year 4s series B
M-N
12
69%
50
30
A-O
&
91%
104 7/a
;:
68
F-Ay
F-A
A-O
Ref
1971
1991
series A
J-J
2014
&
Missouri-Kansas-Texas RR—
Prior lien 5s
108
107%
>.1998
&
Paul & Sault Ste Marie—
1st 4s
.
Ref
1st
inc ser A
inc ser A
105%
107%
1073/4
,
89
Jan 2047
(Minn)
4
__
17%
74%
105%
_1966
impt 4%s series
105%
—
10
*106% 108
Ry 1st gold 4s_1998
& ref 5s
1974
series
83
101%
*105% 105%
1967
4%s
&
102
89
4 Vis
1st
Ry Co—
4%s
82
30 %
101
M-N
1943
Ref
25%
16%
109
mtge 4s
Bost
gen
82
1937
Gen lien ry & Id gold 3s
3s registered
102
__
*„
mge
A-O
1940
901/4
Northern
109
Kansas & Texas
*
108%
J-J
registered
106'/a
A-O
AGen
21
101%
Q-J
82%
102%
M-3
A 1st
101% 101%
M-S
M-S
99 '/a
2
3
Mo
4%
1974
105%
104% 104%
Minn St
&
Central
1st
§ Consol ext
17%
76
1937
3Vis series B
& Western
1023/4
100 Vi 100%
*1007%
A
141
11%
107% 107%
1965
5s
Southern
ref
23
11
107%
1963
92%
I
M-N
gold 3 %8--.——.——
1952
Ref & impt 4%s series C
1979
Michigan Cons Gas 1st mtge 3y2S_1969
A Midland of N J 1st ext 5s
1940
,
3Vis
Falls. Power 3Vis
&
20
11%
1993
1st 3Vis
gold
Y West
Norfolk
1013/4
80%
__
M-S
1st
gtd 4s
cons
Ref
M-N
M-3
1951
Sag 3%s
&
1st
mtge 4%s series A
AGen mtge. 5s conv inc
1021/4
107%
21
J-D
Light 1st mtge 2%s_1975
1st
116%
6
M-S
1955
Y Telephone
Norfolk
M-N
1992
Terminal 1st gold 5s
Michigan Central—
Jack Lans
1954
4s
Putnam
Gen
A Manila
4s
Northern Pacific Ry prior lien 4s-_1997
3-D
2
66
83%
Niag Lock & Ont Pow 1st 5s A
1021/8
100
62 '<•'
J-J
A-O
Niagara
97
M
RR 4,/as ser A—.—I960
3%s
Cs
1948
North
Maine Central
certificates
deb
1940
t§AN
,
114%
'
Debenture
8AGeneral
105%
107 %
107
A-O
A
103
19
100
91%
M-S
*§AN Y Susq & W 1st ref 5s
§A2d gold 4Vis
120
86
115%
84%
1947
N Y Steam Corp
4
97
.1980
gold 3s
Knox & Cine
96%
110%
92
99
1947
N Y
Louisville & Nashville RR—
1st &
4s
N Y Queens EI Lt & Pow
IO31/2
*104% 104%
104
13
*88%
*—
__
..1954
N Y Power &
107
1183/4
J-J
115%
116
3%s
AGeneral
116
105%
*107%
M-3
*115 %
deb
{AN Y Out & West ref gold 4s
121
1063/4
M-3
A
stamped
119%
M-3
.1949
ref
Guaranteed
1
115
115
M-N
M-N
High
116%
3Vis
1st
132%
106%
M-N
.1949
.1949
4s series
gen
127%
'/
—
J-J
1973
1973
Si ref 4%s series of 1927
1967
{AHarlem River & Port Chester—
76%
A-O
•
A
A 1st
66%
__
series
;
ADebenture
71%
55
*131%
2043
4s
1.14%
5 A Collateral trust 6s
643/4
52
A-O
B
West
Non-con v
AConv
69%
45%
52%
1951
1962
Liggett & Myers Tobacco 5s
Long Island unified 4s__..—
47
Vi
52
Low
108%
115
__
; *—
■■■■:
—
deb
A
54
*116
M-N
J-J
,
ANon-conv
801/2
87%
4s series
Lack &
2043
ANon-conv
51
87%
49%
2000
Range Sinee
January 1
ANon-conv. deb
91
2003
2003
2003
2003
2003
modified
Y
A
95
87%
gold 3%s
Sold
No.
High
ANon-conv
90
74
49 %
Bonds
Bid & Asked
{N Y New Haven & Hartford RR—
95%
87%
J-J
Harlem
4 Vis series B
100%
30
M-N
&
Mtge
100
88%
.
Week's Range
or Friday's
Last
'
93
.'',.89%
*88%
Y
Mtge 4s series A
v
1007/a
92
93
Friday
Sale Price
Low
1061/4
104
•/
993/4
1950
ext
4 V2S
Miami
94
17
m oh
RR—
registered
4%s
3s
22
..
*94
F-A
1974
stamped
Lenigh
4s
Low
'
100
.
-1964
ref sink
Val
Litue
January 1
*99% 100
*98
RECORD
AUGUST
New York Stock Exchange
Interest
//v" ■Period
Range Since
Sold
106
F-A
1964
5s
stamped
&
4s
106
ENDING
BONDS
onds
*104% 106
1954
& ref sink fund
5s
Leh
106
1945
fund 5s
stamped
5s
5s
1st
A-O
Uiah
1954
1st gtd gold 4s
ref sink
&
1st
J-J
1965
A
WEEK
Valley Coal Co—
Leiugn
1st
1954
f 4%s A
s
Lehigh & New Eng RR 4s
FOR
Vn
Bid & Asked
BOND
YORK
RANGE
799
•
99 %
99%
106
THE COMMERCIAL & FINANCIAL CHRONICLE
800
Monday, August 20, 1945
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING
•
Interest
Last
Period
Exchange
York Stock
Sale Price
or
1st
J -J
&
105%
F-A
■
*100%
;
-
:
J-J
J-D
——...
59%
15
F-A
104 %
104 y» 104%
3
103% 105%
43%
J-D
104%
104% 104%
9
103
106%
J-J
101
101
& 105%
-
108 %
155
100'A
debs.____.1968
....1961
1953
Sunray Oil Corp 3% debs
Superior Oil 3%s debs
Swift & Co 2%s debs
102%
..1959
105% 105%
59
59
Gas
101& 101
ft
J-D
M-N
•104
-1861
Af-N
Terminal
RR
line 3s____
of
Assn
Gen refund
*104% 106
106 y2106 y2
Rochester
AT-N
..1965
Si
Gas
15
104%
108
103
105%
104
*103
*103% 107'A
65 y8
65 y8
A-O
mtge 3%s series I——.
Gen
mtge 3 Vis series J
M-S
10
65%
debentures——.
Third Ave Ry
79%
2019
A-O
1968
j A Rut-Canadian
J-J
20
20
108%
J-J
22%;
22% V23%
1st gold 5s
Tri-Contlnental Corp 3%
96
96
53
52%
58%
59
1
43
664
J-J
5
76
82
76
82
J-D
92
82
J-J
J-J
F-A
53%
80%
Af-N
F-A
Seagram (Joseph E) & Sons 3%s_1965
Union Oil 2V2S debs..—1954
J-J
2%s sinking fund debentures—1961
J-J
bneil
tSASilesian-Am Corp coll tr 7s——1941
Bkelly Oil 3s debentures.
.—1950
Socony-Vacuum Oil 3s debs.... —1964
—1963
South & Nor Ala RR gtd 5s.
1st 4%s
♦114%
*116%
105 y
——
Jlf-S
101%
Gold 4%s——
Pac RR 1st ref
105%
107% 107%
107%
92%
112
97%
129
85%
184
85
104%
AT-N
Apr
101% 109
69
104%
106
13
48
84%
100'A
43
99% 101%
102 %
95
89%
100 »A
...1955
Af-S
*-.
F-A
102
:
.
.73%
105%
5
101%
102
116%
V*_J.
103%
117%
1
106%
107%
:
•
—.
102
118
''
103 Va
60
V..:
102
J-D
102%
70%
'
*103
95
100
*101% 102%
J-D
100
90
93%
91%
100
90%
F-A f:X
■■■'■■>
106% 106%
J-J
1952
1st 4s__—...
104
May
Af-N
4%s
inc ser
110%
6
105
107 %
107% 107%
A—2014
Pacific
107%
105"% 106%
105%
J-J
.—1977
5
107% 107%
A-0
5
106% 108%
104
114
45
108%
92%
5
107%
108
106%
gold
5s
5s.
1951
...
—....
109
108
■
■
__
105%
-
105% 105%
Af-S
14
105
107 % 107 %
J-D
——I960
10
105% 108%
*102% 102%
M-N
101%
103%
guaranteed—.—2361
J-J
80%
80%
85
73
78%
...2361
1st 4s
J-J
78
78
79%
38
74%
MS
—I. '
5
109%
110%
104%
106%
——.
Af-S
A-O
1st mortgage 3s—.—1958
.—I960
1st 4s
194V
1st 4s.
Wilson & Co
105% 106
105%
103%
Winston-Salem S B
103% 103%
J-J
ACertificates
of
**'•»'
deposit—
I
ZIl968
Wisconsin Elec Power 3 %s
'
■.
A-0
1971
Wisconsin Public Service 3 V«s
•
•
'
,■
117%
95
79%
92%
38%
29%
54
19
28%
l
20
I
35%
106
108%
109
110'/a
2
106
106
--
■
79
__
28%
'
'
J-J.
•
87
28%
28%
Af-N
i ASu & Du div & terra 1st 4s.—1936
ACertificates of deposit..
"
117%
79
80
90
103% 105%
'
.
79
80
1
'■
*117%
J-J
j A Wisconsin Central
110
110
■
7
; 1
—
•
97%
224
84
104
105
105%
5
105
107
105%
105% 105%
60
104%
106%
not
123
132%
§ Negotiability impaired by maturity.
tThe price represented is the dollar quotation per 200pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
a
Deferred
delivery sale not included in the year's range,
d Ex-interest,
e Odd-lot sale not
year's range,
n Under-the-rule sale not included in the year's range.
r Cash sale
y Ex-coupon.
included in the
in the year's range,
included
■
J-J
131
131
i31
11
A-O
gen
104 %
123
105%
J-J
&
101%
103 >/2
104% 105%
95
.
Apr
■
Wheeling & Lake Erie RR 4s—
Wheeling Steel 3'A series C—— ...1970
101%
gold 5s—...1994
4s series A—:
1956
gen 6S...——_1956
Devel & gen 6Vis
.—..1956
Mem Div 1st gold 5s-.
.—..—1998
St Louis Div 1st gold 4s——..1951
&
100%
39
106%
3 %s_
Registered
;
Devel
115
*101
Maryland
West Shore
101%
96%
J-J
Devel
'•II
A-O
Westinghouse El St Mfg 2V8s— .—1951
105%
94%
Southern Ry 1st cons
109%
A-O
25-year
110%
94%
1955
109%
112%
1958
30-year
108%
94%
..
—
118
Union Telegraph Co—
Funding & real estate 4%a__....1950
130
103%
94%
107%
104
Western
107%
126
—
94%
A-O
gtd 4s
——..1958
ref 5%s series A
Western
103%
94%
Af-N
98%
1st mtge 48
Petroleum
1st &
80
Af-N
—1950
1st 4s
: 104 V2
'
103%
MS
...1981
*
San Fran Term
——
mtge
Western
105
66
101%
98% 102%
1
9
*103% 106 y2
F-A
49
103 A
99
8
•V'
103%
101% 101%
101%
Q-Af
100%
1969
...
5s
cons
West Penn Power 3%s series I_.—1966
101% 103
105% 105%
107%
J-J
107
103% 107
106% 109%
J-J
5s stpd gtd— —1950
—1967
Gen mtge 3V2s——
74%
•
104%
2
_.
103
107%
103
106%
104
2
105% 105%
Af-S
Westchester Ltg
101
1968
Gold 4%s
Af-S
Washington Central Ry 1st 4s.. ...1948
Washington Terminal 2%s ser A..1970
74
24
37
75
•130
'
—
*107
104%
8
45
>
54
81
25
75
A-O
1977
Gold 4%s_
South
F-A
Warren RR 1st ref gtd gold 3%s__2000
74%
53 y8
*101& 102%
A-O
—1979
(Oregon Lines) A—„
...1980
M-jy
Pacific Co—•
Southern
,
75
J-J
—1962
...
"i
102% 102%
F-A
debentures
105
104% 104%
103
Waiworth Co
54%
52%
105
*103 y8
32
105
W
120
39%
104% 105
104%
103
106%
113%
20%
105
104
4s lnc series A... ...1981
Gen mtge inc 4%s series B__ —1991
1st mtge 3 %s ser B_._—... —1971
114%
39%
66%
*24
F-A
3s
105
104
107
Gen
109%
78%
Af-S
Bell Tel & Tel 3%s
105
A-0
M-N
>105%
1st
133
53%
20
M-S
.1935
South
J-J
1971
A-O
62
86
66%
66%
103
105%
—
1970
*
86% 119%
39%
53%
53%
55%
*~
5
J-D
114%
87%
66
(Guaranty Trust)—ACtfs of dep (Chemical Bank)—
f§AAtl & Birm 1st gtd 4s.—_... 1933
ACertificates of deposit—...——
ctfs.
130%
50%
66
103
100%
40%
110
*—
110
103
95%
72
.
*..
M-S
4
*28%
Af-S
4.04% 105 %
ACtfs of dep
A
72
37
54%
48%
110% 110%
A-0
J-J
1959
Warren
(Chemical Bank)—
...1949
6s
2
30
110
*._
"2
97%
89%
*..
101%
106% 106%
—1955
50%
87%
*105%
*131%
101% 101%
105
116%
114%
53%
A-0
series A.
All Fla
37%
*112
A-0
t A Seaboard
70
51 y8
108
20
91 %
101%
94%
60 ya
103
*102% 105
J-D
Virginian Ry 3s ser B_————1995
A-0
dep
40%
16
116% 116%
51
37%
Ry—
§ A 4s gold stamped
195u
A Certificate of deposit———
68
71%
59
{ARefunding 4s.—
.—1959
ACtfs of dep (N Y Trust)—
of
51
39V8
A-O
cons
105
39%
38%
51
F-A
Virginia Electric & Power Co—
1st & ref mtge 2%s ser E_.__2.1975
Va Iron Coal & Coke 1st gold 5s._1949
Va St Southwest 1st gtd 5s
..2003
66%
MS
M-N
A Ctfs
48
60
gtd 4s—.—1989
Alst
14
56 »/2
38%
85%
13
Vandalia RR cons g 4s series A—1955
Cons s f 4s series B_._« *—
1957
68
56%
ISeaboard Air Line Ry—
SAlst gold 4s unstamped—..1950
ACertificates of deposit——
Scioto V & N E 1st
48%
55%
116%
39
53
99
547
54%
M-N
90%
52%
104%
92%
J-J
.—1950
90
53
103 V2
2
55%
-
certificates——
1989
A 2d 4s inc bond ctfs—
Nov 1989
i A 1st term & unifying 5s——1952
A Gen & ref gold 5s series A..—1990
Bt Paul & Duluth 1st cons gold 4S.1968
ISASt P & K C Sh L gtd 4%S—1941
St Paul Union Depot 3%S B——1971
'
100
96
103%
90
Af-S
1949
—1947
United Biscuit 3%s debs..
'
bond
4s
95
99%
18
100 %
100
J-J
M 4 %s series A
—.1978
A Certificates of deposit stpd. .......
tSt Louis-Southwestern
96%
79%
■
98%
A Cons
1st
81
2
150
KR—
Paciiic
1st & land grant 4s
34-year 3Va8 deb
35-year 3y2s deb
Ref mtge 3%s series A.
103%
—;
—
U
106%
103%
deposit...——
of
ACertificates
104%
1
59
deposit
5s series B
APrior lien
24
J-J
stpd——1958
jOt Louis San Francisco Ry
APrior lien 4s ser A——•——1950
of
V, 105%
103% 103%
Af-N
4s stamped-.———1933
ACertificates of deposit...—
Rocky Mt & P 5s
ACertificates
105
93
130
102%
141
*103%
J-D
debs—.I960
Universal Pictures 3%s debs
§ Alst
Bt L
105
93
25
105% 108'/a
A-O
—1971
*91
107 y2
27
75%
103%
A-0
104
30
J-J
J-J
129
109%
6
105
105
140
140
107%
12
J-J
27
17%
17
A-O
4%s_—1968
Grand Island 1st 4s——1947
Bt Lawr & Adir 1st gold 5s——1990
2d gold 6s_
.—————
1996
tSt Louis Iron Mountain & Southern-—
River & Gulf Division
105
J-D
1st ref 4s—1960
..Jan 1960
Trenton Gas & Elec
Umuu
Baguenay Pwr Ltd 1st M
112
106%
126
106% 106%
J-D
tSAUnion Elev Ry (Chic) 5s... —.1945
Union Oil of Calif 3s debs
—.1987
St Jos St
105
5
11
127
109%
16
3
20
,
51
'
101%
110%
4
110% 103%
Af-N
AAdJ income 5s
108% 108%
*109% 110%
71 V
JW-S
——1949
tSARutland RR 4%S stamped
1941
......
Pac Tenn RR of New Orl 3%s—1974
110
110
:
t§AR I Ark & Louis 1st 4%s_..,..1934
4s stpd
107% 107%
ser C
Texas & Pacific 1st gold 5s..—..2000
-
—
—
M-S
II
F-A
imp M 4s
Tol & Ohio Cent ref Si impt 3%s.. 1960
Toronto Ham & Buff 1st gold 4S..1948
*110
Af-S
107% 107%
127
&
110%
Texas Pacific-Missouri—
110
98%
68
*125%
M-S
.1967
—1969
J-J
J-J
3s
Elec Corp—
Gen
V;
101%
101% 101%
J-J
107%
J-J
Gen mtge
107%
106%
bt Louis—
f gold 4s
s
Tfcxarkana & Ft Smith 5y2s A—1950
Texas Company 3s deb.—.....—1959
107%
106 %
Af-N
mtge 4%s series D———1977
33/4S series H
—...1967
Gen
102%
5
107 y2 107%
107%
for 1945) due.1975
3%b_..——i960
J§ARio Grande West 1st gold 4s—1939
A 1st cons & coll trust 4s A
.1949
(4.7%
13
107% 107%
106 y2
A-O
J-J
mtge
105
104% 106
,...1953
Ref & impt mtge 3%s series B—1974
R
Gen
105%
105%
Ref
Revere Copper & Brass
16
106% 106%
1950
66%
& Transmission—
1st mtge pipe
J-J
Remington Rand deb 3%s___——.1956
Rensselaer & Saratoga RR Co—
57
'
102
102
Reading Co Jersey Cent coll 48—1951
2
245
5
2%s
J-J
157
224%
Call!
of
.1968
2%s debenture
110%
—;
V:
*151%
series C—..
Standard Oil N J deb 3s...
103Va
107%
..
ref 3s
Tennessee
1964
107%
Apr
Stand Oil
Q
Quaker Oats 2%s deb—.——
High
109%
108%
110
*242y8 250
...
25
106% 106% :
103%
103%
110%
*107% 108
'
Low
106%
105
No
25
—
*110
:
J-D
Range Since
January 1
Sold
Utah
101
■
Af-N
Bell Tel 3%s B—..1964
Southwestern
101%
Bonds
Friday's
Low
1st Si
39y2
—
or
Bid & Asked
104%
—
■7
J-J
Sale Price
ASpokane Internal 1st gold 4%s..20l3
*102%
Af-S
f:
94%
Last
Period
■'
*113
■,
M-N
1968
ref mtge 3s—.—.-:———1972
ref mtge 5s—————2037
ref mtge 8s
2037
&
1st
101
*105
J-J
Public Service El & Gas 3%s__.
1st &
*100
Interest
January 1
LOW
High
No.
Week's Range
Friday
New York Stock Exchange
Range Since
Sold
Bizh
J-J
—1964
Potomac El Pwr 1st M 3%s———1966
1st mortgage 3 %s——1977
Pressed Steel Car deb 5s__._.1951
1A Providence Securities 4s
—1957
1A Providence Terminal 4s
.
1956
lnc deb
BONDS
Bonds
Friday's
Bid & Asked
Low
-xPittston Co 5 %
17
Week's Range
Friday
7>
BONDS
New
AUGUST
101
101
103%
95
114% 115%
41
111
117
116% 118
42
116%
122
116 y8
125
•Friday's bid and asked prices; no sales being transacted during current week.
106
109%
A Bonds
A-O
114%
A-O
117
J-J
*124%
J-J
109
95% 105%
__
109
tCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of
or securities assumed by such companies.
the Bankruptcy Act,
selling flat.
'
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
gfSSSl
In the following extensive list
Aug.
11,
and
ending the
we
furnish
present Friday
include every security, whether stock
or
ISX'Sr.0"1"week- aDdl
a
complete record of the transactions
(Aug.
17, 1945).
It
*TOCKS
York
Curb
Last
Sale Price
Par
ACF-Brill
Acme
Aero
Motors
Wire
cu
B
__I
Air
Associates Inc
Air
Investors
Convertible
For
common
I
see
...9
-
I
preferred
footnotes
page
mah
3%
Low
3%
14
805.
..10
11
3%
11
3%
17
200
2% Jan
27% Jan
7% May
32
22% May
.5% Feb
Jan
3%
300
3% Aug
14%
70Q
9% Jan
11%
i
3%
200
15%
11
Aug
2% Mar
36% May
Apr
Jun
Sales
Last
Curb Exchange
.
Range
for Week
of Prices
Shares
Low
"• .-"Par,
Alreon titg Corp.—.—.....——..50c
9%
Air-Way
Electric Appliance.--.—3
5%
Alabama
Great
Southern———50
114%
8%
■
9%
5 %
5%
Low
114% 120%
$6
Jan
4%
Jun
Alles
Apr
Allied Int'l Investing
Fisher
70090
High
Jun
3%
Jan
99 7/a
•
Jan
.
106
106% 108
38
38
38
100
25
Jan
Aug
July
118% Jun
110
July
6% Apr
38
10Vs July
6% May
132
115% May
common-.—...
$3 conv pfd._
5x/2
10,300
preferred.——*
prpfprred———
...—*
37%
Range Since January 1
Hiah
Alabama Power Co $7
13%
\
Week's
Friday
Sale Price
York
High
■
(N J)
AUGUST
New
10
3%
14%
ENDING
Range Since January 1
i
l
...5
common
WEEK
STOCKS—
Shares
Ilio
;
Mfg
FOR
for Week
3%
cummuu
compiled entirely from the daily reports of the Curb Exchange itself, and is intended to
is
Sales
Range
of Prices
.
low
warrants...:
Supply Mfg class A
Class
^ ins worth
Week's
Friday
Exchange
the"nge are ^
the New York Curb Exchange for the week beginning on Saturday,
on
bond, in which any dealings, have occurred during the current year.
RANGE
New
RECORD
10
;
Feb
48
Feb
««•
%*
,
'»»i
j.
ft IK
#(t
yolume 162
A^tlStf*. /ffiWlsrlwW.'t
:
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
NEW YORK CURB
RANGE
Friday
8TO<JRS»-
New
.
York
Curb
Last
Range
Products
Class
A
(Mich)
Altorfer Bros Co
/
—
common
conv
Shares
Goods
Aluminum
Industries common——.
Ltd
Mfg
U
^—
Book
American
Central
Convertible
Class
&
class
49
Jan
117
193/4
Jah
15%
,
50
101% V 101% 102 %
800
•
.
50
50
100
19%
19%
20
200
•
Jun
Cable Electric Products
Feb
21%
Jun
Jan
26
Jan
117
Jun
110% July
2% Jan
Voting
Jan
'
lS/8 Mar
50
Cables
trust
23
A
47
1
47
45
.—25
45
11%
50
6
400
5%
5%
50
Cyanamid Co common
American
&
Gas
&
Fork
American
43/4 %
Sugar
California
Calllte
American
preferred
4
Jun
Camden
Jun
Canada
Bread
Cement
Jan
52
48%
Jan
7%
Mar
Jan
361/4 July
3S2
Jan
200
357/e
17%
Jan
% July
21% May
31
Jan
38
4,200
150
x46
50
111%
Laundry
Co
19
20%
351/4
35
22
23
28
28
450
35%
22
25
25
100
28%
60
1
Fire
3 Va
3
113%
Jan
Jan
18
Feb
11% Aug
54
July
Mar
3%
Class B
non
Capital
&
Co
Carnation
Jan
Co
36% May
24%
Jun
Casco
29%
Jun
Castle
(A
Mar
70
4%
Catalin
M)
Jan
401/s
Jun
Jan
53%
Jun
American
Thread
American
12% Aug
1,200
4%
~1%
"l'/a "1%
28%
28%
Jan
%
16% Mar
Jan
22,100
120%
18
5%
Ohio
Power
Jun
Central & South
133% Aug
&
Light
5%
dep rets ord reg
West
pfd opt div
ser
Jan
6% July
18V8
•
Apex-Elec Mfg Co common
:
Jan
20% May
100
25%
''•J
'
Arkansas Natural
6%
1123/4
—1
Common
pfd— TOO
Pwr 4%%
Appalachian Elec
400
201/4
Jan
90
lliy8
Jan
83/4
Gas common———"
class
A
253/4
112% 113,
8%
T/o
5
pfd
Feb
28
May
H41/2 Mar
corp
9%
Jan
Jun
Chicago Rivet & Mach
Jan
6%
Jun
Chief
Jun
5%
2,600
3%
10%
10%
103/a
1,100
10%
11
Feb
Aro
&
Light $7 preferred,*
V
2.50
Equipment Corp
' '-i
I
112% 113
17%
173/8
30
,
17%
110%
900
8%
3,000
&
Refining
Associated Electric
American
Co
—1
Atlanta
~1% Tiv*
——*
RR Co
Atlantic
Coast
Coast
Line
100
23%
Jan
9%
warrants
Atlas Drop Forge common
Atlas Plywood Corp
5
1
Products
69
Voting
3%
& Sons common
preferred
Ayrshire Collieries Corp
July
IO1/2
Jun
1% Mar
Feb
17
104
City
&
Aug
Clayton
11%
Feb
Cleveland
Jun
Clinclifield
Club
12,200
2%
Jan
4%
Jun
10%
Feb
12%
171/4
Jan
241/4
Jun
Apr
181/2
Jan
125/8
1,600
21%
221/2
1,400
'
"
6%
61/4
13%
13%
253/8
26
&
200
;
/
200
■
->75
/-/
*
•
warrants for
Purchase
Colon
1%
34%
36%/
3,200
11%
preferred—,
Rubber
Baldwin
103/4
11%
6,800
;
10%
Jan
15
23
Jan
261/2
Jun
Colt's
18%
Jan
May
Steel
1
Refractories
(L)
Baumann
Colonial
5,800
1
!
*>
100
11%
"43/8 :Tl
s«
/II/'
4,200
May
Jun
18% Aug
67
20
"4
"4%
10 Vs
Jan
~6
6%
600
•
100
Beaumt
Milis Inc
common
10
Bellanca
Aircraft
common
1
Canada
13
13
3%
100
300
X32 %
X32
33/4
Hedges
Convertible
3
Apr
Feb
Apr
5%
Jan
preferred
t
$3
19%
__
151% 151%
12%
•
Feb
*V*%
Birtisboro Steel Fdy & Mach
Blauner's
Bliss
Blue
Ridge
$3
Co com
39-
36
39
1,600
12
12
12
50
1
•
100
41
19%
123%
103
19%
Corp
10%
1
•
optional convertible preferred
(S) & Co—
Blumenthal
3%
54 %
•
common
20
11,000
11%
*
900
X20%
x283A
3%
54%
600
7 %
(H C)
Co
•
common
1st preferred
Borne
!,
4,400
4
1,500
Bourjois
Inc
1%
Jan
10
120
10
Co
3
10%
23/4
17
17
17
41%
40%
413/8
42
43
Co
Brazilian Traction
Breeze
Corp
Lgt & Pwr
Iron
■
5 Vb
Jan
153% July
Consol
Fire
&
14%
400
1%
5%
6%
Co-common
British
American
Oil Co,
British
American
Jan
3%
__
171/2
/
'
i
29
Arms
17%
Jan
4VB
700
19 y4
2,100
55/8
57/a
35%
5%
36
36%
/
500
■w
900
100
93%
93%
943/4
3:,2
is
a3a
8,400
-
1946
to
1 %
1%
jun
Jan
7%
Jun
411%
Apr
71
Jah
271/4
1%
203/4
96
1/64 Jan
25
1
13% July
6% Feb
May
51/a
Jun
34% Mar
170
wariants—
-
Southern
8
Jun
6%
33/4 Aug
U
Jan
200
Aug
32
Jun
36y8
Jan
Jun
21/8 Mar
.
1
.
14
—
V
14
50
113/4
Jan
•
1
41
15%
Jun
Jun
2%
Feb
.*
9%
Jan
Jan
32
Jan
■12%
Jan
10%
800
79%
700
100
C
100
Utilities
110% 110%
6%
1
Smelt
7
5
Ltd
Stores
59%
1
Oil
Feb
10
Jun
Apr
61%
1,575
431/3
Jan
65
8%
Jan
14%
2%
Jan
14
2%
2%
400
17%
19%
1,900
—lOo
6%
6%
6%
3,800
21%
19%
21%
7,000
100
104%
73/4
preferred
prior
Jan
7%
Jun
233%
Jun
103
Aug
50
15
Jan
203/a
7% Aug
9%
IS
%
2,700
113
Apr
Jan
15% May
22
135%
38
141/2
Jun
25%
180
104 V* 105
%
5%
Jun
May
33/a Mar
13 3A Jan
Co
17%
Aug
Aug
5%
1
—
80
110 '/4
17 % Aug
4% Jan
•
& Machine
12% May
118 V4
400
v
13%
__
Jan
671/4 Jan
1143/4 July
106% May
200
7
59%
__
10
Corp
Co
Fdy
9%
78%
7 %
Continental Gas & Electric Co—
Range
Co
Cornucopia Gold Mines—
Mar
Jun
Jun
July
Apr
Jan
2
May
48
Feb
4%
Corr -,on
$6
20
20
__
•
&
Reynolds
Apr
Jan
convertible
c%
24%
Jun
Jan
19
Feb
Feb
6
Croft
preferred
receipts
dep
50
(ord
4
Feb
Jan
109
Feb
36
'r
23/4
500
2%
25
36
32
Petroleum
Brewing
Cork
9%
reg)„£1
Jan
3%
Jun
40
Jan
10% May
3IV2 May
July
25% Aug
26%
3,400
1%
IV*
1%
3,600
1
Jan
1%
Feb
•
8%
8%
9
500
8
July
11%
Jan
9%
9%
9%
700
7% Mar
International
9
A
25
'■*
•
%
16
25o
25%4
Feb
1
9
Co
Crowley Milner & Co
Crown Cent Petrol
(Md)
Crown
~2%
2%
Jan
Ltd—
Court&ulds
Creole
1
common
21% May
2
84
800
3
__
•
Petroleum
Cosden
Jun
14% Mar
1
preferred A
Jan
Jan
—
Coro Inc d
Jun
Jan
*
common—
preferred
series
9%
79%
~
43% Mar
Jun
Mar
Jun
31/8
1
90
2%
17
14%
Jan
Co
2,250
Apr
Apr
4
16
16
15
50
4
800
11% July
191/2 Feb
Jan
jun
20
15
16
16%
1,700
5%
5%
12,200
500
3%
6% Aug
10%
Jan
17
—
33/4
7%
361/s
400
6%
6%
7%
%
•
Mfg
46% Mar
7%
2%
16%
Brillo
43
•
34%
1
6%
1
Jan
•
100
22%
5%
Jun
351/4 Jan
Cook Paint & Varnish Co
100
221/8
•
11%
28%
Copper
10% Aug
Jan
3%
1
common
•
Jan
300
36
Jun
Jun
700
Electric—
&
Textile
Continental
Feb
150
Jun
13%
200
46
Jun
22%
Bridgeport Oil Co
400
1,025
Feb
57%
300
3%.
142
135
Jan
46%
24%
18%
-
8%
9
•
warrants
Steel
Jan
•
Aeronautical
Brewster
"
•.
Jan
11 %
•
1
Royalty
Jan
'
•
:
3
•
common
Retail
15%
38
36
'•
:
Jan
600
«
ordinary
Mining &
51
38
;1%
36
;—100
preferred
117
110% Mar
Jun
Consolidated
700
14%
•
common
1st preferred
2d
$5
50
22%
Utensil
Consolidated
151/4
110
14%
Jun
Jan
Feb
200
18%
.
•
Bowman-Biltmore
1%
18%
25
May
241/4
11
100
Jan
54%
100
Scrymser Co
Feb
122 s/8
Jan
81/2
Mfg__,
Illuminating
Corp
7%
American
Bohack
1%
Jan
16%
Feb
11%
21
X20
41 Jan
85
4,800
123% 125%
Jun
403/4 July
141% Feb
Apr
Gas
Aug
May
IO'/b
x28
34'% Feb
11% Jun
175
20%
1273/4
3%
Consolidated
33
3%
-V
~2% "23/4";
10%
28
Apr
2,000
103
:■
Jan
Jan
Jun
20
Jan
18%
14% July
1
common
Jun
112
l3/a
Biscuit
Consolidated
600
•
common
(E W)
13
21
6,700
preferred
Mar
36% Mar
-
Jan
Jan
1
series B
* Aug
Jan
"23/4
200
Jun
Consol G E L P Bait
5% Aug
13
Mar
1
193/a
9%
preferred
125
1,000
4
1
common
Jun
10%
16 V*
__
25%
extended
c
Jan
30
Berkey & Gay Furniture—
\ 15
Jan
Conn Gas & Coke Secur common
Mar
145
Blckfords Inc
5% Jan
Feb
Jan
Gas
9
•
,
Aug
8%
May
20% Mar
301/a Mar
19%
;
Airlines
Consolidated
•
common—
6,300
Jun
100
preference
1%
&
Benson
78
19% Aug
18% Aug
4
Jun
Mar
300
Coal
106
--
1
63
5%
32
/
12% May
8% Mar
~6
50
40
■
•
Community Public Service
Community Water Service
Compo Shoe Machinery—
Apr
43
15%
1
Inc
Jun
9%
Patent
49£>
5
common
Apr
14% May
122% Apr
u Apr
200
May
1073/a
Feb
20
65
4
10
120
21%
/ Colorado Fuel &
u
Brummel
Bell Tel of
37
V 15%
Aug
10%
i
1st preferred
Ties
7%
Beau
jan
9% Aug
,•
Corp
Jan
9%
Lambert
Consolidated
Seelig Mfg—
$1.20 convertible A common
Basic
11%
•
&
Barlow
29y4
40
shares
American
Barium
Co common
500
7%
118% May»
104% Apr
12% Jan
20%
Plow
Columbia
71/4 May
V
30
Andes—
los
de
Banco
13 %
20
—*
Development
Jan
5%
36%
common
80
1
Electric
Cockshutt
51/2
/'
Baldwin Locomotive—
100
'
10
Commonwealth
—
Feb
~4
•
B
Babcock & Wilcox Co
8%
*
Feb
Jun
Co
Aluminum
■161/8 Mar
13%
67
Mar
10%
7% July
18'%
V
10
19%
29
"33/4
119
Homes
Jan
Jan
118
1
.
Jun
14% Jan
Jun
12
13%
3"%
Apr
501/4 Aug
119% July
Lights Inc
Neon
851/2
May
Feb
1,500
105 Va 105%
—
•
Controller
Claude
Apr
4%
8%
8%
10
B
Suburban
Clark
Jan
22%
—5
25
1
Avery (B F)
Jan
~8%
sU
'105%
100
common
preferred
»/2 July
19
24
7%
.
preferred BB
7%
12
•
Machine
Jan
3
!
200
*
preferred
60c
$6
58i/4
12%
1
Automatic
;■
200
"73/4
67%
3%
Automatic
$6
Jan
-.225
"73/4
'
68
Atlas Corp
6%
10
101
"73/4
X
50
Co—
Feb
%
500
10
10
pfd—100
Fisheries——
Atlantic
9%
—
•
Tel class A
Coast
&
Birm
1131/8 May
21
33
8%
16%
*
4
common
City Auto Stamping
£1
dep rects reg
Tel &
8
Industries—
Associated Laundries of America
Associated
8
Feb
16% July
7% Apr
*
Oil
Ashland
Jan
Jan
42%
90
25
Consolidated Mining
SChilds Co preferred
Cities Service
Arkansas Power
50
16%
16%
5
6%
Jun
Mar
117
10
Jan
4%
16%
5
common
Jan
4%
483/4
49%
1
common
Cherry-Burrell
Jan
12
100
Chamberlin Co of America
Cuari6
7i/4
10
preferred
4
25
100
common
3%
43/4
20
Apr
1%
8,100
9%
8 3/o
28
100
400
—•
non-voting
20
1
29
Chesebrough Mfg
Chicago Flexible Shaft Co
■::■/:/
_3%
—
100
Cessna Aircraft Co
6
5%
•
preferred
1,500
8%
4%
r.yii''
Jun
100
100
ser
pfd opt div
Jan
Jun
8
"3%
3%
100
Conv
3%
3
Jun
50c
Conv
300
,
27%
Jan
Utilities
Jun
"33/4 "33/4
—1
May
preferred
§Cent States Elec 6 %
Apr
5%
.£1
Am
25 %
8
pfd—100
Anglo-Iranian Oil Co Ltd—
Angostura-Wupperman
Jan
1
7%
Mar
Jan
July
93/4 July
108% Apr
Apr
1
Proaucts
5
51/2
5
8%
*
Power
101/2
Jan
300
Jan
22% May
108 Va
*
34%
4Va
8%
1
July
10
Steel
Central
29%
common-
Central
83/o
Jan
5
*
America
York
10% May
10 Va Apr
6% Mar
•
Hudson Gas & Elec com
Central Maine Power 7% pfd
Jun
8
preferred
Paper
I
A
Central
1%
Jan
Jan
600
43/a May
Jan
Jan
20
;
Co
of
7%
400
Fence
Post
12%
5%
Writing
Anchor
12%
7%
Jun
41%
12%
7Va
__
•
&
Corp
200
•
Products
Apr
~9%
Jan
73/4
"9%
•
common
Jan
3%
Ma£
6 3/4
.
—
25
Carolina P & L $5 pfd—
Carter (J W) Co com
Jan
31
10
3
10c
*
—•
9
—/
•
25%
Jan
3% May
Alcohol—
class
171/2
1%
4
Jan
*
voting
32%
7,400
Jan
1%
100
common
City Products
Carman
Central New
Republics
American Seal-Kap common
Amer Superpower Corp com
1st
$6 preferred
$3 series preferred—
Ltd
Class B
•
American
Co
Canadian Marconi
July
24%
Jan
2
300
1
preference
200
51
100
3
*
voting
450
25
3%
3
5
Ltd
Industrial
A
49% July
Jan
Co,
Participating
Class
3%
1
Insurance
3,500
60
High
3
Jun
•
Chemical
&
20'/a
20
Mach
American Meter Co—
Potash
44
41%
25
Light & Trac common
preferred
American Mfg Co common
Maracaibo
8%
X46
Low
3 %
10
6V2% preferred
Canadian Car & Foundry Ltd—
44% Mar
4,300
1
6%
American
%
20
112% 113
common—10c
preferred
1
American
American
112%
X35%
Range Since Jannary 1
High
£1
pfd
Power
Tungsten 'Corp
54%
25%
July
42% July
6,400
Low
50o
Estate
Electric
Jan
46
Corp
Rubber Co
American Hard
X35%
100
General
convertible
$2.50
19%
10
preferred
39%
n
•
•
common
Electric
&
convertible
$2
Hoe
38
%
Foreign Power warrants—
American
American
39
10
Shares
50e
common
certificates
American dep rets 5%
Calamba
Canadian
American
for Week
Wireless—
&
Mar
46
'/
Range
of Prices
Jan
9
Jan
86%
108
'
'I
■
Sales
Last
Par
Canada
,,,,,—
.
Jan
112%
V
Week's
Friday
Sale Price
Exchange
May
ijight—
A
Class 13
Jan
36%
400
,
18%
17%
39
8%
•,
,
Curb
39% May
Jan
1,100
X44
•
17%
—1
Mfg
Power
•
York
High
Jan
30
200
363/4;
113 3/8 114
•
Co_—————._100
Cities
Low
29
•
1
American Beverage common-.
American
"
Lli" ''
42
113 5/a
*
III*
I100
common—-—
preferred
American
x44
•
New
Range Since January l
Hijh
■
36%
V-
•
I100
—
Aluminum
6%
•••'
363/4
•
common———
preferred
Aluminium
••
—25
Aluminum Co common^—-.——6 %
Low
—10
—
"
STOCK b
for Week
of Prices
Par
Allied
AUGUST 17
Sales
Week's
Sate Price
Exchange
'v.;
EXCHANGE
WEEK ENDING
FOR
801
Mar
20
May
31
I'
Jun
35
May
common,!
Crown Drug Co
convertible
preferred
Crystal Oil Refining
$6 preferred——
•
common
10
—
Cuban
Atlantic
Sugar
Cuban
Tobacco
common
Curtis
Lighting Inc
Curtis Mfg Co (Mo)
3%
5
*
31/8
Jan
25%
29
ri%. "2%
2%
54
26
12
10%
30
12
103/4
25%
56%
25%
—•
41/2
Apr
2%
Jan
700
32
28
Feb
July
4% Mar
Apr
61
Jun
22% Mar
2,700
31
Jun
12
200
—
2.50
Aug
18
Jan
4% Mar
10% July
8
Jun
13%
Feb
31
-
common
Tobacco—
Am
•
dep rects ord bearer
dep rets ord reg
Am
British
Celanese
Amer dep
British
20% Aug
£1
21
—
21%
150
Power
10s
class
A
22
20%
& Wire
common
_6%
i
preferred
•
"7
—I *"
30
30
21
21/
22%
"5
_5
"5
300
Jun
21/8
—
.
A
22% May
Jan
5% Mar
•
•
Fence
Feb
191/4
$5
Forman Distillers
__
prior preferred
Brown Rubber Co
Bruce
(EL)
Bruck
Silk
t
Apr
5%
Jan
6%
25
3%
8%
Jun
Aug
Class
A
convprtible
Jun
Jun
Dennison
Mfg class A
Co common
—,.5
-
1st
Bunker
Ltd..
Burma
Burry
Butler
&
^
(P
East
H)
ft6
Apr
8^
Feb
98
Aug
Detroit
Gasket
29
.
28%
116
33
9V2
1,900
'
28%
116
10
Jan
Mar
12%
page
Jun
40Va Mar
7%
A or
1)3/4 Julv
common.
5%
J
Stove
1
Products—
10%
Jan
2%
63,300
1,100
28% Aug
117
7 %
8%
8%
Co
common
2 3%
6%
2%
7%
33y4
33%
33%
30
30
30
11%
-18%
Apr
2^
Jan
Diamond
Shoe
200
10
10
11/4
Jan
Diana Stores Corp
1
3
Jan
5% May
Divco
]
4%
Jan
6%
Dobeckmun
Mar
*
common
Corporation
Co
common
.
28%
22
J
Jan
2% July
1%
/
Jan
53/4
Jan
73/4 July
Jan
343/4 Mar
25%
200
1,500
Apr
30
July
Feb
12
Jun
Jan
30
27
Aug
14% May
2% May
Feb
Feb
10%
2%
7%
10
preferred
s
Jan
16
10
common
9%
92
142% May
Aug
8 Va
1,200
1
20
Gray Iron Foundry
1
20% Aug
8%
Mfg
Steel
300
43/4.
Apr
Mich
12%
2
&
Apr
Detroit
Jan
Jan
82
Detroit
Jan
5%
600
138
Detroit
Co
"7%
,100
Feb
Vilbiss
"7
5
—50
debenture
Jun
201/a
4%
prior preferred
13% July
111%
4 3/4
—
34%
Feb
10%
100
23/8
805.
Jan
35%
39
6,200
I2V2
—25c
22%
40
Jan
28%
12 %q
common,.
1,300
36%
Jan
116%
2.50
dep rets
see
3%
De
;
32%
36%
,50c
preferred
■'
13%
Jun
30
36%
Derby Oil & Ref Corp
Jun
200
Power—
Corn
For footnotes
,:
13
13%
Sullivan—i.
Corp Am
Biscuit
Jun
26%
—
*
preferred
Hill
30
Feb
•■';
.
$5
Jan
91
1
Buckeye Pipe Line—,.—
Buffalo Niagara &
$1,60
preferred
24
20
37
32%
35
.
Dejay Stores common.
100
Jan
IIIi
Dayton Rubber Mfg—
/:
1,300
—•
common
Mills
50
D
Apr,
6%
Brown
J
,
Davenport Hosiery Mills
rets ord reg,;
Class B
Class
Jun
191/4
£1
Ltd—■
Columbia
Brown
23%
-
28
28%
325
18
Jun
30%
21%
22'/4
400
133/4
Jan
25% July
21
21
100
liy4
Jan
23%
30%
32
300
20
Jan
36
Jun
July
■.,
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
EXCHANGE
RANGE FOR WEEK ENDING
Week's
Friday
STOCKS
Curb Exchange
New York
Last
.
low
if
Domestic Industries class A com—
1
Ltd
& Coal B——.
Textile Co Ltd
-
.*
Dominion Bridge Co
Dominion
Corp.
Draper
—
.0
..
class B common.
Duro Test Corp common———
4%
—
"
67
—
'
,
A
.....
28 %
Apr
May
74
Apr
38% Jan
—
10J/a
10%
4
10%
—
3%
4
—
...
1,700
—
.
95
Co
Hewitt Rubber
prior preferred..
preferred—
—
Iron
4%%
6%
2%
Hoe
Apr
(R)
93
—
Feb
33/4
Hormel
Apr
Hummel-Ross
Jun
Hussmann
1/2
Jun
Huyler's
48%
Jun
3A
Jun
%
$6
5%
—.—100
preferred——1
convertible
$3
30% Jan
333/4
Jan
2,4%
...
413/4
—
26
42%
2,600
400
400
223/4
600
103/4
10
10
100
common——-1
3%
28
preferred
Jun
10
;
Aug
6% July
36
May
Mar
6%
Jun
19% Aug
14% Jan
25% May
60% July
Jan
Mar
15
Jun
H
12%
Jan
15
Jun
'
Jan
123/4 July
7% July
24% Aug
,
—100
52
Jan
l3/4 Aug
2
913/4
92%
21%
21%
40%
403A
series—
International Petroleum coupon sbs—*
Registered shares.
,
*
International Products
—10
40%
■—«•
t'..
.
13
91
200
:
July
101%
Jun
19% Mar
23% Jun
19
42
Jan
Aug
24% May
203/4 Feb
•'
■
13%
200
16
May
19%
19%
—
Aug
853/4 Feb
19%
3,800
18% Jan
22
Mar
19%
193/8
100
19% Jan
21% Mar
8% July
2% Jan
9% May
2%
23/,
1,000
International Utilities Corp com..
28%
28%
50
23
$3.50 preferred
Interstate Home
52%
52%
50
200
300
13
51% Jan
1% Jan
17% Jan
% Jan
International Safety Razor B
Jun /
116
Jan
57%
•
—
33
33
1
Royalty...—.—...—
Iron Fireman Mfg voting trust ctis—•
Irving Air Chute
.—1
Italian Superpower K
■...
.*
500
1%
1%
Equipment.—
Interstate Power $7 preferred———.
1
Investors
■
21%
223A
175
10%
10%
600
2%
200
1
13%
14%
1,900
6%
Feb
313/4 May
53% Mar
1% Feb
42
Jun
1% Feb
9% Jan
2%
19
Jan
3%
Jan
Jan,
24
July
13% July
Jan
4% Mar:'
—
preferred——108
(FL)
135/a
Co
Garrett Corp common.
vo
common—
preferred—
—_—
107%
11% Jan
43/4 Jan
7'A
600
107% 107%
25
104
40
108
16% Jun
Jan
108% 109%
63A
Jersey Central Pwr & Lt 5 % % pfd—100
6 %
preferred
.......—100
1% preferred
100
Julian & Kokenge Co
*
Jan
8
Jun
108
Aug
1103/4 Jun
xl08%Mar
114
213/4 Feb
Feb
24% May
common-
General Alloys Co—
..—
Ltd-r-
Gen Electric Co
rets ord reg—..
General Finance Corp common.
Amer dep
Oas 81 Elec
Gen
$6 preferred
pfd
100
preferred—•
General Rayon Co A stock:—
—*
General Shareholdings Corp com—1
$6 convertible preferred—
—•
Gen Water Gas & Electric common—1
General Outdoor Adv 6%
Klein
Preferred
Feb
% May
——.——
Co.—
17
May
Goodman
53/4 July
Jan
preferred
Consolidated
711/4 May
47
Jun
Mfg Co—
Mines..
%
%
Gorham Inc class A.-..
Jan
Feb
106
11/2
393/4
July
July
Jun
Feb
Jan
133/4 Mar
47
Jan
51%
Apr
391/4
Jan
50
Feb
%
..
$3
preferred
Gorham Mfg common
new
Kresge Dept Btores—
4%
convertible
Krueger Brewing
..1
453A
—
Atlantic &
481/4
Great Northern
31 >/4
333/4
22% May
171/4
18
10% Apr
93A Aug
v7% Mar
93/4
93/4
Pacific Tea—-
Non-voting common
1%
1st preferred
stock
——•
——100
Paper
—.28
941/4
941/4
35% Aug
9% Feb
20
13%
July
Jun
X38
Jan
103%
Feb
127
x38
86
Jun
140
Feb
Gypsum Lime & Alabastine
38%
35% Mar
16'A
Greenfield Tap & Die.—
Grocery Stores Products common—25c
Gulf State Utilities $4.40 pfd—
100
Lamp
42% July
161/4
17%
10 3/4 Mar
22%' Jun
83/4
83/4
83/4
109 y2
7% Jan
109% 109%
109
•
■
Co Ltd———-•
Bridge
Papers..
Hartford Electric
Hartford
Harvard
8
Hat
Rayon
10%
10%
10%
10
Feb
July
114% Mar
Feb
10% Jun
9% Jan
6
——10
Light
27
28
voting trust
Brewing
J
H%
Helena
7
Corp.
Heam Dept Stores
Hecla
common.
Rubinstein—————
25'A
Lake Shore Mines Ltd....—
Lakey Foundry & Machine..
Lamson Corp of Delaware.....
Lane Bryant 7fc preferred
Lane'Wells Co common
see
page
Jan
76
July
75
Jun
Jan
5%
Feb
Apr
9%
Jan
1$ Jan
15v2
1& Aug
Jan
173/4
jun
16% May
8%
8%
~9%
19%
Aug
10
Jun
Jan
"93/4
18%
Jun
18
100
8%
18
14% Mar
8% July
I
11% Feb
—.1
1
—8,
.100
15%
Class
B—...
600
3%
6%
Jan
15%
500
6%
6%
50
1%
13/4
2,800
—
32
333/4
400
Line Material Co
..8
17%
Ha/a
200
Corp
Lipton (Thos J> Inc 6% preferred
B
Class
121/4
900
251/4
100
,
203A Mar
805.
Jun
1%
Mar
7%
Mar
70
Jan
28% Feb
13%
;
Jan
Jun
2% Jan
37% May
Feb
19
Jun
14
Jan
19
Feb
27%
Feb
30%
Apr
23/4
Jan
4% Jun
24 % May
16%
16%
700
,24
Mar
mi.mi..,
Locke Steel Chain
-8
203/4
20%
21
18%
Lone Star Gas Corp common
.18
X13%
Xl33/a
14
10% Jan
15
l3/a
l3/8
l3^ Jun
85
July
803/4 Aug
2
July
96
Jun
89
Jun
Long Island Lighting.Co—• *
Common ctfs of dep___^
—...
preferred A ctfs of dep..
preferred B ctfs of dep.—.,
& ExplorationLouisiana Power Si Light $6 pfd—.
Lynch Corp common...
1%
89%
82
7%
90%
803/4
82
7%
111
^6
73/4
111
37%
Jan
7% Aug
110
Feb
32
Jan
►
July
24
:
Jun
ll3/a Feb
114% Jun
40
May
Jun
60% Jun
3%
Jun
4% Mar
83/4
Feb
113A Jun
.53
May
13% Jun
8% Jan
Jun
8
.28
A
..................
Feb
32
48
.10
Lit Brothers common.....—
Groceterias
17
Jan
•
Lionel
Class
Jun
Apr
6% Mar
4
Realty common
1
preferred.—,.——
•
Development...—.—28
Le Tourneau (R G) Inc...—
1
;
109%
13% Mar
Lefcourt
Loblaw
May
5%
113/4 Mar
25%
Leonard Oil
——
23
Jan
700
15%
—•
——
Jan
53/a
8 3/8
109% Apr
1
...
„
900
5%
8
Langendorf United Bakeries class A..*,
Jun
36% Jan
14% Jan
■
footnotes
7
6% Jan
48% Jan
100
12
——
Class A
For
Jan
12% Feb
32
291/4 Jun
preferred
Mining Co
Apr
Aug
53% Jan
13A Jan
37A May
ctfs—3
Co
Corp of America B non-vot com—1
Hazeltine
Feb
25%
3%
7%
Hall
Aug
12
•
preferred—.100
Co.—.—.1
6%
Hammermlll
Jun
35
1st
Louisiana Land
Hamilton
19
7
Convertible
Graham-Paige Motors $5 conv pfd—23
Grand Rapids Varnish—
1
Gray Mfg Co
Grayson Shops (Cal)
1
Great
119% July
8% May
18
Apr
52% Jan
433/4 Jan
*
10
——1
common...
Feb
Jan
21% May
24% Jun
Jan
Goldfield
Kobacker Stores
Jun
19% May
Sugars class A—
prior
(D Emil) Co common
(I B) Rubber Co.
Kleinert
Gobel (Adolf) Inc common.—.
$4.50
13
28% Mar
—
Knott Corp common
Gladding McBean & Co...
Gleaner Harvester Corp.
Glen Alden Coal——
Godchaux
...
Lamp A
Klrkland Lake G M Co Ltd———1
Geoigia Power $6 preferred............ $5 preferred———
Gilbert (AC) common—
Gilchrist
Inc
Ken-Rad Tube Si
General Public Service $6
?
116%
preferred—100
8
*
Key Co common—..
—_—•
Kidde
(Walter) & Co...
-—8
Kings Co Lighting 7% pfd B——100
5% preferred D.
100
Kingston Products....
........1
Kiiby Petroleum..—.
——1
Kansas Gas & Elec 1%
Kennedy's
5%: preferred series A.——
General Fireproofing common-
26% May
15% Aug
optional warrants..
Mangel Stores common
Manatl Sugar
convertible
2% Mar
14%
preferred..^.
104
3%
Jun
Jan
2J
May
Jan
135
Mar
18
Mar
Manischewitz (The B) Co...—.
17
Mar
Mapes Consolidated Mfg Co...
Marconi Internat Marine
Communication Co Ltd—..,
33
Jan
!——.
21
Margay Oil Corp
-
,29% Jun
55% Mar
$3.50
Jun
11
—
—
May i i
28%
6% July
ll3/4 Jan
13%
Aug
20
13% Mar
Jeanne'te Glass Co..
:
Jun
143/4 Mar
15
Co.
preferred..
Jacobs
Gellman Mfg Co
46
Jan
53
—.
80
International Metal Industries A.... —♦
International Minerals and Chemicals—
Ltd-
rower
July
24%
xll3% Mar
Preferred
rets ord <
Ford Motor of CanadaClass A non-voting—-—
Class B voting—
....
Ford Motor of France—
Amer dep rets bearer—
Fort Pitt Brewing Co
——
Pox (Peter) BrewingFranklin Co Distilling—
—.—1
Franklin Stores —
—.——
Froedtert Grain & Malt common.—!
Fuller (Geo A) Co.————-
5%
Feb
10
Jan
33A May
:
International Cigar Machine.
International Hydro Electric—•
dep
Crauucau
50
7% May
100
5%
5%
Insurance Co of North America——10
Falrchlld Camera & Inst Co
Fairchild Engine & Airplane———
Falstaff Brewing—
Fansteel Metallurgical.————
Fedders Mfg. Co———
-—-•
Federal Compress & Warehouse Co—28
Fire Association
(Phila)
$3 conv stock
4% convertible
Jan
28% Feb
43 % July
7
Jun
.8%
—...——
Am
Jan
113
x413/4 Aug
87/8
22
Co.
common
conv
7%
Ford Motor Co
Jan
May
34
Mar
23
July'
130
May
>
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred
100
7%
preferred
....100
Industrial Finance v t c common——1
Common
—1
common———80
Eversharp Inc new
23% Aug
110
Fibre Corp....
...
———————-1
Eureka Pipe Line
333/4
...
Imperial Chemical IndustriesAm dep rets regis—
Imperial Oil (Can) coupon
Registered
1—-—r—'■
Imperial Tobacco of Canada
8
Imperial Tobacco of Great Britain A
Ireland
£1
Empire District Electric 5% pfd—100
Derrick & Equipment——8
Esquire Inc
40%
Jan
124
——
Ligonier
Illinois Zinc
Emsco
1.
20
Mar
8
Dividend arrear ctfs
——
Equity Corp comtaon.
Jan
37
23%
—
common...
Jun
12% May
18% Aug
14
22%
Illinois Power Co common.
Watch Co.—.
Co
593/4
Jan
Jun
Corp..——~
Elliott
Jan
July
July
preferred.-—-—-.--..-.—
preferred—..
—
Electric Power & Light 2d pfd
Option warrants
$5
Elgin National
Jan
Jan
145/a
—
1st preferred ....
Hydro Electric Securities
fiygrade Food Products...
Jun
%
Electric Bond & Share common..—_ J
Electrographic
Aug
9
24% May
27% May
9% Jan
5
$2.25 preferred..
—...
Com stk purch warrants
Jun
preferred series A_
preferred series B—.—
Eastern Sugar Associates—
$5 preferred
Easy Washing Machine B—.———
Economy Grocery Stores
—...
*
108
33
—
& Co common-
Hubbell (Harvey) Ino—
Humble Oil & Refining
% Mar
S6
Jan
19%
Co common
%
$7
13% May
Jan
53/4
common
preferred
High
Jan
103%
..
Inc...—..:
(Geo A)
(A C)
Low
18% Jan
& Co class A.
Horder's
July
States
Eastern
Range Since Jannary 1
/
High
Apr
99
Eastern Malleable
Sales
Holllnger Consolidated O M.
Holophane Co common
12% May
4% May
14% Feb
Jan
%
2
Shares
common
Heyden Chemical
5%
23/s
for Week
11
Horn Si Hardart Baking Co
Horn Si Hardart common.
Gas & Fuel Assoc common
Week's
Range
of Prices
common
5%% preferred w w
Henry Holt & Co common
Apr
Horn
East
/
low
Heller
10
Jun
x68% May
82% Feb
66
Jun
8'/a May
33/a Jan
113A July "
400
:
Last
High
253/4 Mar
—
—
Friday
Sale Price
5 3% Feb
Apr
Jan
.1
Duval Texas Sulphur.....
Hosiery
600
—
w'
,
Low
4%
.47,:;::;
—
.•
Durham
:'
—
.•
—.
Duke Power Co———
High
4%
63/4
,♦
—»
..——
Driver Harris Co..
—
STOCKS
New York Curb Exchange
Range Since January 1
18
Steel
Dominion
4%
AUGUST 17
Sales
Range *;v' for Week
of Prices
Shares
■
Sale Price
Monday, August 20, 1945
5% Aug
Apr
38% Aug
63%
29
Feb
Mar
j
Volume
162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
NEW YORK CURB
RANGE
STOCKS
New
York
Curb
Week's
Friday
Last
Range
Mass Utilities Association v t
Massey
Harris
-—•
600
1%
600
10%
11%
300
11
11%
500
41%
42%
75
14%'
14
; 14%
700
Merritt
Stores
.*'
-
Textile
preferred—
Participating
*
x47%
—-15
Pacific Lighting $5 preferred
July
Jan
6
-
Jan
Jan
b,
130
Jan
Feb
110
Page-Hersey Tubes
Jun
5y4
Apr
Pacific Power & Light 7 %
Public Service
$1.30 1st preferred
Pan
Feb
Paramount
Motors
7%
Jan
5 % Mar
Michigan Bumper Corp
10
Micromatic Hone Corp
Class
B
Middle
t
v
c
West
Midland
Corp
$2 non-cum dividend
Midi ale
Co
Mid-West
Oil
Midwest
Piping
Wohl
Miller
5 'jo
Co
•
Cuppls.
23% May
Aug
15%
2,900
12%
25
34%
35
"9% ~9%
v
"3%
3%
17
16%
"33%
50
5%
:17
51
250
16
28%
Jan
39
1,8001,075
450
20
14
1%
60
I23
.1
•
$6
preferred-
106%
Feb
Jun
17
Feb
51
Aug
Aug
6% May
76
Jun
Jun
Jun
Jan
18
May
13% Aug
4% Jun
10
7%
10%
Pneumatic Scale common
Polaris Mining Co
Jun
RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical;.
Pittsburgh Plate Glass
44
1%
Jan
6%
Jan
9
Apr
Feb
30
July
2%
Feb
137% July
21%
22%
18
Jan
26
Jun
15%
16
13%
Jan
19
May
10
Jan
17%
89
Jan
97% July
Feb
19%
Jan
2%
Jan
Pressed
Metals
of
Producers Corp
'Providence
17%
18
15%
Jun
11%
11%
12%
11
14 %
National Tunnel & Mines common
21
14%
14%
700
16
19%
Apr
1%
500
5
May
107
Jan
100
~
Jun
113
Jan
Aug
May
8%
Jan
14% Mar
7%
Jan
1-0%
Feb
6
•
..*
12%
12%
12%
200
Jan
9%
Jun
63
Jun
•
76%
450
Jan
80%
21%
Jan
25% July
10
110%
Feb
124s
Jun
14%
Jan
31
Jun
24%
100
20%
Jan
66 %
1,100
63
Mar
28% May
70% Mar
4%
800
75%
100
Clock Co
•
120% 120%
75%
•
Haven
11% Mar
—
100
New
•
*,
24%
New Jersey Zinc
—
——28
New Mexico & Arizona Land.—
...1
65%
65%
4
New Process Co common——..—.—*
Y Auction
N
N
Y City Omnibus warrants.*—.
Y & Honduras Rosar'o
N
Y
Co
common...—
Merchandise—
4
-
2% Mar
40
—
_•
5% Jun
48
Jun
Mar
10
Niagara Hudson Power
5%
1st
5%
2d
Niagara
optional
Share
B
com
„
6%
North
:
5
.....J
Northeast
North
—
Rayon class A
common!
Central
RR
•
States
23% Mar
16
107
75
Oil
Texas
440
Jan
16
22
Aug
Jan
50
64%
14,000
3%
—
•
1
class A_
25
1
•
110
Jan
6%
Jan
107% 108%
450
89%
101%
350
82
%
%
400
Jan
•
7%
7%
100
Ogden Corp common
class
14%
14%
1,200
"2% ~2%
700
14%
20%
3%
124%
13%
Feb
May
7% July
Jan
110
Aug
101% Aug
Jan
b
% July
8%
JUn
20%
21%
500
3%
3%
900
124% 125
125
Jan
17%
12% Mar
'
2 %
14%
38%
38%
100
6%
1st
.100
19% Mar
1%
121
26
Jan
Feb
136
Jan
May
43% May
36%
Feb
43
May
Jan
56
Mar
14%
14%
15
104
104
108 %
108 % 108%
104
37%
37
37%
18
17%
18
6%
34
6%
34
6%
34
2,400
Jan
6%
Jun
Jan
7%
Mar
11% Mar
18% July
10
99%
Apr
105
50
106%
Jan
110 % Mar
650
1,200
34% May
14% Mar
1,900
6%
26%
Jun
40%
Jan
Jun
19
Aug
100
4%
28%
4%
22%
•
Omar Inc
6%
L..1
footnotes
1
see
page
805.
Apr
136
137%
117v
'
Z
Z
Jan ;
142 % May :
6Vb Apr
Jan
4
Jan
13%
"
1—
19
__
„
1%
1%
•
Jan
6%
j'
17% Mar
Jan
12%
/
38
19 %
Jan
3%
19%
__
36%
Jan
16 Va
~4% ~4%
4%
Jan
31
1%
51
13
13
1
.
1
10%
"i—•
Jan
12
13
Mar
Jun
5Va
Jun
22
July
11 %
Jan
1-jfj Jan
40
■'
Jun
Jun
■
1
1% Mar
73
\
|
Mar
%
Jan
15% May
1% Jun
10 Va
j
|
Apr
13%
Jun
r
8 Va May
1
9 Va
Feb
s
10%
'."v"''-..'.'
107%
16%
15%
107
—
__
16%
109
—
i
118 %
Jun
1
Jan
17%
Jun
V
Feb
110%
Jan
>'■
Jun
|
]
107
75
i.
May
Jan
14%
4,200
Apr
111%
••
16
;
Va
Jan
112
19
'
5
15%
15%
13 V4
14
25
13% Mar
18 %
May
14
b
500
13'A Aug
17%
Jan
Power
86
85
87%
160
162
162 'A
170
-100
162'A
32%
7
200
200
Co.
Radlo-Kelth-Orpheum option warrant*.
Railway & Light Securities
Voting common
10
Railway & Utility Investment A—
1
Rath Packing Co. common
10
Raymond Concrete Pile common..
•
$3 convertible preferred
•
Raytheon Manufacturing common
50c
2
Red Bank Oil Co
2%
Reed Roller Bit
Jan
90
Jan
164
Jan
Jun
Jun
14 %
Jun
Rice
Stix
2%
1% Jan
42,100
20%
Jun
Jan
2%
Jun
29% July
42%
22%
Jan
33 %
52
Apr
56
15%
32
18%
32%
200
19%
4,700
Jan
1 Va
17% July
Feb
Jun
May
23%
Feb
3Va
Jun'
/;v.2
2%
3,500
•
22
22%
300
22
Aug
26% Mar
8
17%
17%
150
14 Va
Jan
18%
22
22%
200
19
1%
1,100
3A
1,800
1%
4,500
1
Co
Reliance Electric
1%
&
Engineering
Dry Goods
•
Oil Corp. warrants.
Richmond
Radiator..
1
Rio Grande
1
22
Richfield
Valley Gas Co
v
1%
t c_.
pfd D
Roeser & Pendleton Inc
1% Mar
Jan
25
Jun
Mar
1%
Feb
Jan
6 Ve
May
%
•
1%
3%
100
Jan
Jan
1%
Feb
105%
4%
1%
Jun
109
May
Jan
15
May
12
!
Rolls Royce Ltd—
Am dep
Rome
Corp
Roosevelt Field
Jun
}
17 Va
16 % Aug
22%
Jan
;
13 %
14%
12%
Jan
17
Jun
f
2%
Jan
Inc
19%
5
Co
Petroleum
Root
19%
17 %
5
£1
common..:
Metal Works
Art
Jun
8
rets for ord reg
Cable
1
$1.20 convertible
preferred
l
~VA
6% Mar
8
10
23
8% Mar
Feb
19%
25
Jun
Jan
19% Mar
Mar
12 % Mar
18%
11
2%
1
7V4
6%
7%
6% Aug
Consolidated Petroleum
Ryerson & Haynes common
•
6'A
6V4
6'A
6
4
4
3% Mar
6%
7
7,900
6%
6%
5%
6Va
3
3
..1
v
Jun
Feb
Ryan Aeronautical Co
Ryan
Jun
18%
23%
•
Russeks Fifth Ave
4%
18 %
20
Rotary Electric steel Co
Royalite Oil Co Ltu
Jun
9% Mar
35%
Jun
Ltd—
prel
St Lawrence Corp
$2 conv
Class A
St
Regis Paper
Salt
Oil
Dome
United
—
Aug
10%
f
*
v
Jan
9
Jan i1
4%
Feb
Corp
Savoy
Oil
Co_
Schlff
Co
common
Schulte
(D
A)
.
5% Mar
31
Jun
Jun
7%
Jun
6
-
3,800
6% Aug
1,000
5% Mar
10%
8%
Feb
4%
Feb
22
•
3%
4Va
2,700
3Va
Jan
82%
82%
25
70%
Jan
Scranton
Elec
Steel
Lock
&
common
Shoe
39
40
400
34 % Mar
116
10
111% Mar
116
•
1
88%
121/4
12'A
5%
"3V4
7,500
*
12%
14%
4% Mar
100
"3
4,500
5%
Co
42 %
119 Va
Mar
Convertible stock
5
16
16'A
$5.50 prior stock
25
85
85
9%
6
Jan
10 Va
Jan
.*7% July
10
Jan
16% May
fiemler
(R
20 Va
1
1%
20%
2
50
lVa
6,900
.
Jun
.
July
Aug
*1
Jan
Jan
12
114
May
14%
i-
J;
Jun
8% May
50
14 Va
19%
II
Inc
Sentinel Radio Corp common—.
oencry Saiety Control
....
20
20'A
200
1
7
7%
1.300
1
1%
1%
300
■
*.
Feb
Apr
82% Mar
v
?
Aug
22 Va July
2'/4
: r
Jun
3% Mar:
92
Jun
83%
certificates
B)
Jan
Jan
19
200
Allotment
common
Feb'
Jan
2
250
115% Mar
•
Inc
Jan
10%'Jan
100
l
common
Selected Industries
f
;£
May
41
116
_•
Hardware
Seiberling Rubber
;
Jan i
4% May
•
•
Co
\i.:
,
Water Service—
preferred
Scullin
38
89
25
pfd—1
$6
Scranton Spring Brook
Jan
Apr
Jan
1
25
Jan
35
July
common
•Jun
Jan
Jan
3
300
r
29 Va
Jan
preferred
Manufacturing
Scovill
Selby
6%;
1
8
Convertible
86
7
1
common
3%
27%
5% Mar
2%
16%
*
80
5
common
Co
117%
Jan
9% July
100
76%
156
13
preferred
July
110% July
32%
For
~
II
Z
116
.100
,
May
113
113% 113%
-.15
Securities
•
common.
6%
Samson
1%
Oklahoma Natural Gas common
Oliver United Filters B
:■
Overseas
78 %
20 %
Jun
5% May
Mar
5%
pfd— .100
preferred.—
Jan
14% Mar
71
Apr
Jan
53
5%
28%
common
Ohio Power 4%% preferred
Ohio Public Service 7% 1st
Apr
64%
68
Jun
2%
2
35%
\ 4%
B
6% Jun /
11% July ! '
44%
■
10
Securities Corp General.
Bros Inc
Co
Jan
Feb
/
Seeman
Brass
Apr
68
•
—..10
Quaker Oats
Segal
Ohio
Jan
3%
x8%
—•
Gas—...
Quebec
90
6% Mar
99
50
50
Northrop Aircraft Inc
Novadel-Agene Corp
4
53/3
10'/a
43
LI
—....I
Pyrene Manufacturing
Jun
21% May
106% July
75%
%
5
Co
Power
6
100
107%
107
75
16
*
Northern Indiana Pub Serv 5% pfd—100
Northern Natural Gas
20
Northern
37
Jan
•
Airlines
Penn
Apr
16%
101%
•
prior preferred
American Utility Securities
Northern
30 %
50
1
Electric.—.—...
B
150
19
107%
5
preferred
Class
34
19
;
<;
Mines
North American
33%
'
6%
North Amer Light & Power common__l
$6
33%
100
Nlles-Bement-Pond
Noma
12
10
Nineteen Hundred Corp B
Nipissing
-
100
100
class
Aug
14
warrants
Corp
6 %
12%
1
common
5%
9%
1st
Ronson
preferred
preferred
B
Mar
12 %
...
N Y State Electric & Gas $5.10 pfd.100
N Y Water Service 6% pfd
100
Class
x5
10
N Y Shipbuilding Corp—
Founders
shares
"5%
Aug
6% July
5%
•
America
Rochester Gas & Elec 6%
N
Jan
18
2% Mar
6%
•
New Idea Inc common
37%
Aug
15% July
400
preferred
preferred—
Jun
Apr
18
""I
Jun
11%
1%
England Tel & Tel
'II
Feb
Jan
5%
8
New
10 %
7%
July
Jan
1%
England Power Associates
$2
Jan
11
16%
5%
NeBtle Le Mur Co class A
6%
July
1%
Neptune Meter class A
New
1,000
10
5%
preferred
July
Jan
-m
51/4
preferred.......—4 ; ;
inn
1% 1st preferred.—
——100
Puget Sound Power & Light-
12% Feb
1
Corp
(Herman)
12%
23
Feb
——30o
Nehi Corp 1st pfd
Nelson
12%
Jan
Jan
14%
12%
12.50
Nebraska Power 1%
May
14 Va
32% Mar
Jun
8%
1
Radio
18
Jan
Feb
17%
*
.-*
.
Jan
Jan
30
5%
1
Public Service of Colorado—
8%
11%
11
10%
•
of Nevada
Jun
43% Aug
11%
10
Prosperity Co class B
Jun
210
Jun
common
Transit
Union
3%
24
21
1
National
Jun
20 % May
*
National
25%
21
City Lines common
Machinery
97/.
ZI
"250
Co
Jan
Jan
17Va
__
>
7.50
Jun
2%
151%
25%
ii7/„
"
"~q7/h
25
Premier Gold Mining
Prentice-Hall Inc common
21
Mfg & Stores common
Refining
15%
IIV*
•
May
125
199%-
39% Mar
Fuel Gas
Rubber
16'A
5
Jan
;
35
__
Z.1
Pratt & Lambert
38
National
National
,196
'
50
Powdrell & Alexander
Power Corp of Canada
129
'
199%
4%
71
.10
__
Apr
33 % May
National
National
Jun
73%
May
39% Mar
National
National Steel Car Ltd
5%
Jan
22
•
National Candy Co common
Jan
57
193
Jun
23
8%
50o
——.—
3
350
Feb
7%
—
preferred
Jun
300
41/2
70
—50
(5 prior preferred
Puget Sound Pulp & Timber...
Pyle-NaMonal Co common
7%
Jun
112%
•
.—
Common
National Breweries common
Jun
115%
Jan
12
24%
*
.2%
*
1
3%
Jan
Jan
"2
•
100
Hess common
Jan
18% Mar
Co common
preferred
————100
Nachman Corp
National Bellas
l7/a
107%
Feb
1
Jun1
109%
70
_
Pleasant Valley Wine Co..
Plough Inc common
2% Mar
Mar
82% July
51% May
10
2
E
Jan
8Va
Mar
30
—
Pitney-Bowes Inc
& L
31%
Jan
78
75
500
Packing Co
•
Pierce Governor common
ZZZZI*
Pinchin Johnson Ltd Am Shs
Pioneer Gold Mines Ltd
?
Piper Aircraft Corp com
•
Pitts Bess
Jan
5V4
10,700
~2% ~3%
1
.
27
38%
29
7%
81
42% Mar
110% 110%
2%
19
Jun
Mar
May
110'/a 110%
3Va
pfd—ZIZ25
115
179
19
Feb
54%
„
80%
«
Iwnrii VS & Rubber
3%
Aug
v
•
Jan
Apr
22
Jan
47
Hoc
Phillips
Feb
50
Jan
~7Vs
2 50
Philadelphia Co common
Fhlla Electric Power
5%
9%
Jan
18 V4
•
Co
Jun:
3
Jan
33%
•
Jan
3%
'
71/8
Z'•
com
preferred
Jan
11%
-
8%
48
20%
40
80%
1
—
Penn Traffic Co
Penn Water & Power
47
xl9%
;
Pennsylvania Edison Co $5 series pfd.*
? $2.80 series preferred
•
Penn Gas 81 Elec class A
Penn Power &
Light $7
Jun
9% July
15% July
9% Feb
__
35%
Jan
7,100
25% July
26
—
„
•
Apr
Mat
—
47
11%
Aug
/ 46
14%
May
4
Aug
13%
Jan
5V4 July
87/a Jan
44%
1
10%
"l%
Muskogee
3%
"2% "2%
•
City Copper common——5c
Muskegon Piston Ring
13%
—
25,800
Feb
115% Aug
8% July
Jun
26
6%
6
109
Jan
7
Jun
Apr
38% July
104 Va July
110
Jan
x22 %
6Va
xl9%
Jan
27
100
..
V
—1
Jan
9%
3%
—*
*
Murray Ohio Mfg Co
Corp
13
.17%
.
-10
Mountain States Tel & Tel
Feb
8%
3,600
11%
10
.—1
common
•
Am siis
13
2.50
1
1
Producers
6%
Jun
Mar
30
600
5%
113-113
Moody Investors partic pfd
Power
16
42%
Jan
—
~iq
Feb
15%
Mar
500
•
Montgomery Ward A
Montreal Light Heat & Power
States
300
,71%
5% :
70
70%
pia.;—100
A_—
Utilities
Mountain
Jan
12% Aug
2%
•
*
Monroe Loan Society
Mountain
11 /»:
5
26
-50
—
Mojud Hosiery Co Inc
Molybuenum Corp
Monogram Pictures common
5%%
conv
preferred
Mountain
Aug
2%
14%
51
Missouri Public Service common
Dakota
15%
2,500
.12%
15'/a
1
common-:
Mining Corp oi Canada—
Minnesota Mining & Mfg
Minnesota Pwr & Light 1%
Montana
1,000
2%
2%
1
preferred-:
conv
15%
15 %
10
;
Refineries
Mid-West
Jun
50
'
&
23
..
Jan
36
•
common
Pepperell Mfg Co
Perfect Circle Co
;
Co
Jan
15%
•
*
Abrasive
Midwest
12%
1
shares
common
2,400
21%
$2 conv preferred-.*
Steel Products—
Midland
Jun
'
5
common
Oil Corp
Jun
13%
20 %
2% •
Jun
3
Jan
38
200
..
$1.40 preferred A
Pennroad Corp common
Jun
-
Jan
400
1
-
6%
121/4
.1%
8 %
11%
21%
1
Jan
8% Mar
300
11%
Petroleum class A V t c.l
Middle States
3,200
3
50
2%
~2%
*
Preierred
11%
2%
2.50
Michigan Sugar Co
5%
11%
1
Michigan Steel Tube
5%
1,100
105% 105%
,
Parkersburg Rig & Reel
Patcliogue Plymouth Mills
Peninsular Telephone
common...
51% Aug
21
40%
38Va
•
_
Jan
Jan
39
100
Co
Jan
3%
::
5%
new
Pantepec Oil of Venezuela
Parker Pen
3%
100
45
High
14%
Airways warrants
Feb
6,300
50
American
Jan
4%
51%
Low
38
1
•
pfd
Pacific
Jun
18%
4%
X47%
38
185
Jan
4%.
1
--
39
25
Feb
3%
3%
25o
Ranre Since Jann*rr 1
High
•
2S
18
Jan
100
1
-—*
Corp
1
12%
3%
Shares
1st pfd
common
Pacific Gas & Elec 6%
5%%
1st preferred
4%
100
Pacific Can Co
Jun
Jun
13%
16%
Mar
45
5%
.
15%
for Week
Jun
95
36% Mar
91
16 %
•
Range
of Prices
Low
12%
.
Messabi Iron Co
Metal
-
_•
•
preferred--
A
fl
—
5
Sales
Last
Sale Price
Jun
12%
Mar
144
Scott
&
Warrants
6%%
common
common
Chapman
2%
7% Mar
41%
Week's
Friday
Exchanga
13% July
7% Mar
95
Mead Johnson & Co—————
Mercantile
Jan
11
.
Curb
High
Jan
1
.
*
—
Memphis Natural Gas
8%
V,;
107/s
pfd—100
common
$2.50 preferred
McWilliains Dredging
12%
•
common
Corp
Low
1%
York
New
Range Since January 1
High
11%
1
o
McColl-Frontenac Oil Co 6%
McCord
Low
11 Va
17
AUGUST
STOCKS
Shares
•
...
EXCHANGE
ENDING
for Week
of Prices
Par
Marion Steam Shovel
WEEK
Sales
S*le PtlCfl
Exchange
)f7s*P
FOR
Jan
92
Jun
Anr
21%
Apr
14%
Aug
7
H
Jan
7% Aug
2%
Jun
;
w«f.B*rtn l'lttl If €i ™>Hr» RLrtl."
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'«wiw
EXCHANGE
NEW YORK CURB
RANGE
Week's
Range
Shares
Friday
Curb Exchange
Par
Denn
Sherwin-Williams
-J
Co
Silex
*
———•
Breweries Ltd
Slck's
common
Blmmons-Boardman Publications—
$3 convertible preferred
Pattern
flimolicitv
—
~
—
—
l«ji
Penn
(A G) & Bros
Corp
Spalding
—
, -
& Co commoft
Stores common
Bros
preferred
5% 2d preferred
Sterling Aluminum Products
Sterling Brewers Inc
Sterling
Inc
Stetson (J B) Co common
1st
6%
(Hugo*
Stroock
(S) & Co common
i
Ray
Co_
Drue
Superior Portland Cement—
$3.30 "A" part
j
"B"
Class
4% A
'
20%
1%
1%
__
123
16%
20%
1% /
123
16%
%
3%
6%
ft
3%
6%
—
Feb
31 Va
%
3%
6%
11
—
14
15
29%
27/a
29
21 y2
;
1%
Jan
Va
—
Coke
&
Maryland Ry 7%
%
%
Jan
Co
Portland
Jan
Electric Co common
Tampa
61
68
Jan
22%
13%
Texas
& Light
Power
1%
pfd—
IIlOO
Apr
Jan
16
14%
Feb
14
Feb
I
9
18 y2
Jan
Shovtl
Thew
Tilo
Co
5
common
Jan
25 y2
43
Apr
14%
Jan
20
Aug
12 Va
Apr
i
.1950
7%
27 y4
.1960
100
M-S
.2018
J-J
debs
.
Lt deb
&
6s
.1961
6s
Paper
Writing
1953
{Associated Gas & Elec
AConv
deb
&
AConv
deb
4%s
1st
Jun
5s
19% Aug
25%,
Jan
6%
Jan
9%
Jan
'30%
Jan
Bickford's
.1953
.1964
Jan
14%
14%
1,500
9%
Jan
14%
500
'7%
Apr
11%
a
5 v2s
Amer
/._
Jan
.100
preferred
Tonopah Mining of Nevada—
.100
1%
•'»••/'
1% Mar
'
67
July
6% May
—-
1
1%
-
71%
Jun
•
1%
1%
300
Jan
1
4%
f/f 4%
-10
43%
43%
Trans Lux Corp
Tri-Continental
1%
l7/a
warrants
Inc
Trunz
•V-Vv";~v
—v
1
Tung-Sol Lamp Works—
80c convertible preferred
;
.
—
"
Debenture
—
Debenture
Gas El
Conaol
3%s
lOo
Corp
Realization
Ulen
Feb
Gen
59% May
Union
Jun
14% May
12
of
Canada
'Union Investment Co
Union Stk
Products
Chemicals
'United
,
•
Cigar-Whelan
12%
•
common
Stores.
.
;
__
1
«,
>/:
:
•
-
—
Jan
Corp
.United Light &
—
(Bait
Gas
«
■
'
—10
U
common
7
Railways
Amer dep rets ord regis
United NJ RR & Canal—
Profit Sharing
Up|ted
'
V-
13%
2,000
18%
18%
18%
10,600
—
——..
——.
.
u
r
Radiator
Rubber
United Stores
United
For
...
__25c
1
—•
9%
page
—2
:
1%
1,000
Apr,
:
Jun
3/64
Apr
%
Jun
Jan
9%
26
Jan
Jun
14% Mar
19
Jun
38
Jan
45
July
Feb
90% July
Jan
Jan
1% Mar
9
7%
286
2%
9%
50
1,025
73% July
81
45%
200
44
Feb
50
11%
11%
100
9
Mar
~1%
11
13%
100
1%
400
1%
6,100
89
89%
150
7%
7
7%
600
2%
1,300
•
J-D ■
113%
121
170
2ia
180
110%
112%
102%
105%
58%
10
--
85%
,
'/'• 74%
74%
74%
85%
•
.
Z52 '
69
/
104%
85%
104%
90%
106%
101%
103
103 Va
104
104
68
•
1
104
$103
-\?
1
74
84%
84%
/Z
7
74
;//■ 74
•
l—'
•
'
■
Vii"
106
103 %
/
/ /
105%
103
105%
103%
106%
104%
29
106%
'
I//
$105% 106 %
:•
w-*
A-O
F-A
-
■
—
•.
$107
108
$107
/', •/vv;-
j-d
—1954
•v
■•/
--
■'/
—
'''
106% 110
/
108 "/
$103% 104%
$123% 125%
101%
Z,
—
37
101% 102
May
8ya Mar
13%
1%
Apr
11%
Jun
Jun
Jan
Feb
May
Apr
14% May
13%
Jun
20%
Jan
4%
1%
Jan
2%
Feb
Jan
83
91%
Feb
Jan
67%
69%
37
67%
37
106%
109%
103%
105%
120%
124
101;
106
101
20
104
108
124%
127
5s
2030
F-A
105%
105% 106%
5s
1956
M-S
127
127
Residential Mtge Bank—
$80%
—1961
3%s
Power
1969
1953
A
5s
Serv
A——1948
5s
Great
Nor Power
2
127
77
85
.1953
Illinois
Jan
4
2%
1,500
12
Jan
6%
8,100
4JA
Jan
2% Aug
6% July
Jun
55
107%
104
104
104
106%
J-D
$107
109
105%
107
J-D
$101%
104
F-A
$70
92
~
67
74%
101
77%
Jan 1949
A-O
$104%
104%
106
A-O
$103
104%
105
105%
1957
1950
1963
1970
5%s series B
ref
Service
5s
1st lien & ref 5s
P & I, 3%s
{International Power Sec—
Indianapolis
1955
coup)—1955
1957
A7s
(Aug 1941 coupon)...
l1957
A 7s
series F——
1952
A7s (July 1941 coupon)—
1952
series
A6 %s
(Dec
A6%s
A 7?
series
C
1
,:/■* '•
'•/■•••-.
Interstate
Power 5s—
6s_
Debenture
Kansas
Superpower
102%
$103% 104%
102%
F-A
$104% 104%
102%
105
106
109
M-S
106% 106%
M-N
3%s—...
& Electric 6s
2
55
55%
56 %
56%
F-A
56%
57
7
' 57
18
55
$55%
J-J
103%
82
58
30
62
28%
63
37
60
31
63
37
55
56%
J-D
60
31
63
97
102
•
—1957
—
6s
Electric Power 3%s
Kansas Gas
104% 104%
J-J
1941
E
Jersey Cent Pow & Lt
2%
2%
6
102%
104%
Co—
Power
1st *&
Altallan
2%
45
//
89
106%
•...
9% May
6%
—
103
Jan 1949
B
series
101%
102 % 102%
$106% 107%
J-J
:
Hygrade Food 6s ser A
6s
1958
3%
103%
104% 105
$51
J-D
J-J
stpd
Mountain Pow
104%
A-O
J-J
1950
1950
1963
West 4s
50%
22
Light
Pub
80%
10111 101JS
& RR
stamped
67%
37
10140
&
Power
41
1
Water Lt
Grocery Store Prod 6s
Guantanamo & West 6s
13% July
777/a
10
;
M-S
General
Feb
110%
75
13%
118
—
$110% 113%
'
Af-S
Grand Trunk
45%
10%
110%
119
103% 103%
-v!/:
J-J
B
4s ser
26
777A
9V4
43%
105% 108%
$110% 111%
' <-y.!
$118
M-S
—1958
AGeneral Rayon Co 6s ser
45%
Z500
.■
Inc..
1%
89%
•
Reclaiming
see
23
nil
common
'
43%
City)—
15% July
Jan
275
1%
3
common
footnotes
Feb
22
6%
1
common
Wallpaper,
—
—100
fU,iS and International Securities..
$5 1st preferred with warrants..
U S
,
2
$180
JET-S
Gatineau
7% May
71
86
-W.•
104%
fjl'i*
A-O
,—1970
Indiana
Specialties common
8 * Graphite
•.
12%
—
U, S Foil Co class B_
U
Jun
9% Mar
20
•
■
Shoe
Preferred
United
106
/
13
,
preferred
———: —10
25
Machinery common.
10%
:
1969
—
1
Green
a'a
99
:
M-S
1993
5s
'
82
$3/participating preferred
.United Molasses .Co Ltd—
.United
—
6
105% 105%
A-O
—1993
Finland
//;.*'f:'
f '
United Milk Products'———_
i
6% July
59
—
43%
104% 104%
Jun
95%
United Elastic Corp
Gas
•'
29
A-O
Q
ser
mtge
Feb
6% July
8%
—
29
12
105 Va 105 Va
mtge 4s ser A——
4
4V4 Mar
2,600
35
40%
103% 104%
.—1971
P
1st
Elmira
7% July
13%
12%
40
39%
Lackawanna of N J Division—
Jun
1,400
•.
;:.f^
'
■
-$5; preferred
United corp warrants
United
5%
•
—/:.
100
Yds of Omaha
Aircraft
United
United
•
5%
:
39%
Delaware Lackawanna & Western RR—
10
5% Mar
2%
5%
—
/ 42%
29%
'
Eastern Gas & Fuel 4s ser A—1956
300
/i/V
Co—„—10
•
Manufacturing
Gas
42
29
///;'i6//
/;•'•'/37
•'
105%
'
Unexcelled
102
29
(Bait)—
Lt & Pr
mtge 3s ser
mtge 4%s
Electric
8%
8%
92%
—
103%
Continental Gas & El 5s
12% May
Jan-
f;:.f/>// / v'./
'
40
F-A
series N
ref mtge 2%s
15
129%
A-O
5s
1st
Jan
123
—1958
—
2% July
Apr
1
39
Apr
1
7%
300
f
--
127
—1969
5s
ref
5%
102%
%
'
;
1st
2
109%
/100
111%
Jan 1968
—1950
5s
1st
///Uff
—.
Jan
104 %
"
5s
Jun
12 % Mar
2,500
ipv /;
■;fl t
■j 9% z
Jan
35 %
1,000
U
—1
Udyllte Corp
4
1.600
1%
:
9
■
*
*
4%
44% z
110%
14
39%
j-d
—1955
deb
Consolidated
Transwestern Oil Co
109
107%
*
91% July
May
117
May
'
106%
3
40%
104%
M-S
Z
—1952
Ry 5%s A
Service
Cities
112
111
v-:
•
.1927
101% 104
•*■«»
108
39%
:
j-j
1954
M.—
v-vl, -v-;'-
108%
',v\V ph
j-d
1948
B
series
6s
13% May
1% May
107% Mar
f-/.
•
-
660
86%
82
83
Toledo
12% Mar
'•
-J— '
-'
"•
__
Shipyards Corp
Edison 6% preferred
Todd
3%
200
ff
L
/.'__
—1970
—
Rys 5s ctfs
{AChicago
Conv
dep rets ord regis
dep recs def reg
Amer
-~6%
6%
Security Trust Co Ltd—
Jan
z
:——1962
.r.
-fir..,,,
High
39%
39%
's v
k: Q-F /
—1998
{ACentral States Electric 5s
Jun
Low
108%
$39
/'
M-N
6s
2%s
January 1
Sold
No.
Low
39%
j-d
—I960
Edison
Boston
Jun
10%
61
\}f:
—1957
Jun
Jun
38
,
100% 101
:/,/ m-s
6%s
■v;s -'x
40%
M-S
—
Inc
'*^2
A-O
C
,
ivv"4"4;!
F-A
series B
5s
f
Range Since
9
127
„2'
:
./ F-A
.1968
Bethlehem Steel
Jun
121
M
Bonds
108% 109
100%
M-S
.1977
City Eiec 3%s
series
/.
•;Z- J-J;/:/
-1949
.1950
Telephone of Canada—
Feb
Jan
"••/'
5%s
deb
AConv
7%
10%
Exports
Product
Tobacco
Tobacco
May
4ft Jun
$100% 101%
109
J-J
5s
A Debenture
33%
26
.
Jan
107% 107%
107%
/:,;/ j-j
—1948
AConv deb 5s
Jan
12%
Allied Stocks
mm
Bid & Asked
Z108
Co—
4%s
Cincinnati St
Tobacco
15
Friday's
;://•: ■:/ /• $108
A-O
.2024
4%s
Elec
/■/
J-D
//'.
.1970
Appalachian Elec Pow 3%s
Appalachian Pow deb 6s
Jan
116
>
Jan
Feb
12%
$102% 103
J-J
.1970
27%
1,300
34%
5,000
or
J-J
f debs
f
Associated
10%
1
& Construction.
Tishman Realty
7%
Aug
/;'/■":■///'•'■
Co.—
f debs
5%
34%
Sale Price
8
s
Amer
Feb
10 JA
26 %
9
•.
Last
s
Amer Pow
53% Aug
-f.
♦
Week's Range
Friday
3%s
2%s
Mar
Jan
14%
1
Inc
Roofing
■
4%'//
/
4
Interest
3%s
Jun
19%
26%
1
Textron Inc
4%
Exchange
American Gas & Electric
Jun
■7%
2
Oil & Land Co
Texon
Feb
14% Aug
8% Mar
11
High
July
31%
800
Jun
6%
300
Period
Jun
6y8
3%
10
Jun
111%
v
Feb
Jan
119% 119%
Aug
Jan
Jun
'v'i
"■
16
11
Jan
6
300
9%
—
•
Curb
York
New
54 y2 May
47A May
W.'
13%
9
^
Feb
Jan
15% Jun
Jan
110
■
v,:
13%
Jun
14%
21
.Z:Z:5zz Jan
/:/—ir
'•/////•■'■
Feb
Mar
15
600
Feb
11%
July
21
May
12
/ 300
.
Hy.?.
;
V
Jun
Apr
Jan
21%
'
6a
Wright Hargreaves Ltd
July
16% Mar
10%
23%
20%
20%
Technicolor Inc common
•
BONDS
500
,;/
—
1
6% July
12
32%
15
14%
/
.4
2
receipts
40 %
37A Mar
Jan
200
100
31%
/■■
•
.10
...
30 % July
14% July
13%
100
Jun
164
Feb
Jun
19
1,100
May
14% July
Jan
28
27%
'22'
w1'1; '.V '''
15
Feb
6%
113
'
-•
pfd
Cement
deposit
Amerlcan
w
/
-w
225
20
/
,
Jan
Mar
135
100
.tV-v';:-;'''
•'
May
35
Jan
4%
9
Jun
5% July
Jan
111
.
30
30
K
——1
Inc
500
700
Jun
.•.<
29%
/ Jan
18
V
>.
114
Mar/
3
•k
1,200
x57/a
/■v
14%
&
://
11%
19%
C)
Jun
14%
Jan
Mar
,
17
400
J
; /
——
14%
(R
10
107
50;/
35
5%
x5%
20
Products
8% May
Jan
■/■ 5
100
Jun
2%
-'i
'■
33%
34%
1
10
•
Oil Corp
900
4%
3%
10
Bell
f'1-"
_
Jun
26
26
.4
.
1st pfd—100
•
Inc
River
Atlantic
1
Jan
14%
——
S
Assoc T & T deb 5%s A
Taggart Corp common
Apr
12%
July
3%
—
Apr
82 V*
Jun
—
26
1.2B
•
Utility $8 preferred
Coal
Woodley Petroleum
Woolworth (F W) Ltd-
Jun
18
'
;
,
6%
Jan
9%
'
20
Jun
145
225
" 175
17%
—
Jan
54
2,400
'
5
Woodall Industries Inc
21% Aug
1% Jun
1%
Texas
/
16%
—II
3
210
10%
'
•
Wolverinp
5'A Mar
300
53%
-
11% Mar
•
;
Mills
Knitting
Willson
26 Va July
Jan
class A
Bond
&
Winnipeg Elec common B
Wisconsin Power & Light 7%
■
52%
10%
7%
Williams
3% July
17% Jun
21 %
Feb
Jun
98
Jan
v
Jun
3% July
3,700
5%
81
77
14%
Co
Wcyenberg Shoe Mfg
Jun
Jan
1%
.
4%
5
10%
6%
Wichita
Jun
•
Jan
11%
/if
Jan
Westmoreland
Feb
27
v36
Jan
600
16
27/a
15%
29
—
15%
1%
Western Tablet & Stationery com
Westmoreland Coal
Jun
ft
—
6%
7%
100
14%
Western
7% July
6'A Feb
11%
105
//: 300
' 200
4,700
75
14
16
7%
/ 64
Jan
400
__
13%
57A
6%
3%
•
We.ntworth Manufacturing
Feb
Jan
18%
—
—
__
3%
14%
West
Jan
53 y4
12%
10%
/' 6%
West
Jan
10%
14%
Jan
Mar
3%
—
—
12%
A-
Apr
21
—
—
,
12%
80%
Jan
80
1
Class B
Jun
Apr
Jan
it
400
/" 100
300
8,400
100
400
1%
125
17
4% Jun
Jan
7%
_•
Aircraft
Wayne
Jun
Jan
17
200
6,800
—
—
<
common
Feb
135%
July
,27%: Jan;
1,200
Mar
65 %
250/;
W
May
317A May
4% May
J'
—
—
20%
1%
1%
'
4%
4%
.
3
5,800
200'
Wagner Baking voting trust ctfs ext—•
7%
preferred
100
Waco
46
Jan
5
100
1,900
450
preferred
Petroleum
Manufacturing
Waitt
Jan
x51%
.zz
1A
1%
• i/i—
•
17%
Oil Corp—
Finch
Swan
32
Jan
9%
700
//:'
Jun
49 y4
Jan
May
12
f& 20
20% 22%
x335/a 347/a
—
•
—1
Jun
5% May
29% Mar
rr
-r„
22%
__
SUllivan Machinery
Sun
57
57
7% 7 A
,
—
fl
•
Corp
Scinnes
9%
134%
100
10va
Jun
92
Jan
Jan
Jan
8%
:,
10 A
7'/a
*
•
1
50
20
1
1
——1
of Canada
(A)
-
-
Products Co
Standard Silver Lead
Standard Tube class B
—-—1
Starrett (The) Corp voting trust ctfs—1
Slterchi
37/a
30%
100
200
31
9% Mar
Jan
Vogt
—
20
10
1
•
•
1
1
preferred
Steel Co
;
10%
1
Standard
22
Jan
27
—
10
Standard Power & Light
Common class B
Stein
- -
2.78
1
Standard Dredging Corp common
$1.60 convertible preferred
Standard Oil (Ky)
Jan
42%
--
--
31 A 31 A
30
30
—
- —
—'
Standard Brewing Co
.
Standard Cap & Seal common
Convertible preferred
19 Va July
7%
500
Jan
9%
~3%
1
B
common
convertiDle
$4
Venezuelan
Apr
4
300
300
^'V
—
—
113
Jun
2%
2,100
Jun
26
9%
10c
1
stock
24
78%
1
Utility Equities common
Feb
6%
Feb
77%
77%:
•
...
17% July
Jan
4% Aug
21 Va
Jun
6Va
Feb.
417/a
*
Inc
Stahl-Meyer
—
— ....
50
pfd
Shoe
spencer
3/2
Products
4
3%
Apr
Jan
7%
500
8%
8^
5%
5% /
44 % 45 V2
Radio
12%
■
4,100
'/:•,■
;
4
B
preferred
24%
Mar
Mar
6%
10%
4,600
8%
5A
45%
Pa
Southwest
3/a
3A
J
1
-1
28
common
36
370
Jan
110
—
8A
Utah
$5.50 priority
Jan
5
..
•
Co
sugar
Utah Power 61 Light $7
July
19% July
8A
8%
1
Utah-Iaaho
Yal££»r Corp
100
14% 16%
—J
26
-:.//'/■'.
•
1
High
Low
"
18
10
Insurance
Universal Produces
Feb
16% May
//
Apr
47/a
—
Oil
Pipe Line
10
Southern California Edison—
5% original preferred
23
6% preferred B—-—
23
5% % preferred series C_
25
Southern New England Telephone—100 <
Southern
Phosphate Co.
10
Southern Pipe Line
10
Southland Royalty Co
8
South
5A
5A
...
267% Mar
40
£1
100
Corp
South Coast Corp
325% 326
21 y2
Apr
3
—
Range Since January
High
4%
Universal
Apr
32
326
Low
10
Universal Cooler class A
116% July
/
Jan
12% Mar
250
14 /4
.
Manufacturing common
Boss
13 A
121 y2
Jun
20%
--
14 A
100
Aircraft Co
Manufacturing Co
Sonotome
*
--
•
Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec 7% pfd
Smith (Howard) Paper Mills
Solar
Z;//',/—
~
.
Shares
/ ,// Par
/
Jun
Jan
20%
——1
common
Stager
Solar
—
57A
Jun
114%
—
—
for Week
*
12% July
18 y8
Apr
102%
900
—
Jan
15%
—
--
117
—
•
of Canada—
"V*
Oil
Universal Consolidated
7% July
Jan
3%
700
,4
116
100
Sherwin-Williams
10 %
--
4
--
—
116
;—23
common
preferred-;
4fo
4/2
4 ,4
Sales
Range
of Prices
Friday
Exchange
'•
--
--
—
,,
Curb
York
High
5% Mar
•
——8
Mining
Shawinigun Water & Power
Bnattuck
Low
1
Berrick Corp class B
Beton Leather common
Week's
Last
Sale Price
New
Range Since January 1
High
Low
•
17
AUGUST
STOCKS
for Week
of Prices
WEEK ENDING
Sales
Last
Sale Price
STOCKS
York
New
FOR
Monday, August 20, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
804
$s jj&
|H H
1 V '**<,»*><a
-1952
196b
100
J-J
J-J
.1965
1966
—2022
86
50
J-J
105%
M-S
99% 100%
24
84%
86
25
50
50
5
105% 106
23
$104% 106
$118% 120
J-D
M-S
805.
I
71
37
105%
90
61
107%
104
105%
116%
120
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
.Volume 162
805
NEW YORK CURB EXCHANGE
BONDS
■
New
.\v-
Friday
'
i
■
Midland
Valley RR—
Extended at 4%
'■/
rei
&
Nebraska
6s
Amsterdam
Gas
New
5s
England
New
3%s
Power
England Power Assn 5s
Vis series A
Ohio Power 1st
1st
mtge
Ohio
4s—I
»
/
Park
-
mtge 3%s
Power
&
Light
6s
Lt it
95%
f
106
series
A-O
1955
F-A
1964
102%
105%
101%
103%
92%
1st
5s
M-N
Pennsylvania Water & Power 3%s_1964
3 Vis
-
1970
-
Philadelphia
Elec
5Vis
Power
Philadelphia Rapid Transit
Portland
5s
& Coke
Gas
6s
1962
Penn
Western
6s
dabs__
...
.
1964
1950
63
Corp
107Vi
105%
.1959
106
106%
106
.1949
Sinking fund deb 4s
Public
Servioe
6%
';
New
of
1960
5 }
'•',
111% 111%
108
109%
109
114
106%
2
108
101% 101%
*
f
s
Co
5s
stpd
York
1979
5
101%
106%
105%
-
109
107
,104
J-D
1952
M-8
Harbor
8an
Water
4Vis
Joaquin Lt & Pwr 6s 3
ASchulte
Real
Estate
20-year
-
.104
$03
106%
155
151
158%
104%
$126
A-O
ACauca
J-D
California
Edison
Southern
California
Southern
Counties
3s
90
21
99% 100
—
127
3%s_
Gas
1970
Southern
Indiana
106% 106%
$105% 106%
—
A-O
1971
Gas
J-J
$105
,
98%
98%
1970
F-A
Southwestern
2022
M-8
1989
M-N
P
Standard
Gas
L
&
(A G)
5s
105
;5s
6s
,
A
ALima
6a
Debenture
$107%
—
6s
gold
Standard
Stinnes
103%
1951
108%
Power
1957
to
12
96%
Janqairy 1
Low
$71
:
RfaHj
$71
:" °65 %
63
__
__
28%
28%
i.'Ufl Vj.l'i
*»■
91
76
$85
91
80
10
96%
7
96%
90%
2Vis
J-J
$25
$43'/a
19
18%
18%
M-N
16% . ,20%
38%1.;,45Ji
—
M-N
1951
J-D
rbPtli
30
M-S
2008
'
—
$33
M-N
37%
!•»•*): J
35
__
46%
$48
A-O
1927)
1927)
Chile 6s
$48
J-D
am
45
$17%
.-.45
88
22
22
88
46
49,.,s
,22,)4
75
$44 Va
3-D
.1958
38%
37%
88
M-S
—2008
r.;
M-S
7s
(State)
pursuant
Stamped
ARlo
to Plan A
reduced
dt
to
2 Vis
1959
96%
105
$103% 104
96%
105%
$103% 103 %
96%
105%
A-O
J-J
$42%
46
—2012
J-J
$35
38
—1919
J-D
7%
7%
9%
221
5%
22
J-J
7%
7%
9%
57
5%
2;%
6Vis
Janeiro
pursuant to Plan A
reduced
Interest
105 jr.
105%
5
J-J
104
104
$72%
2%
to
6Vis
Government
value,
a Deferred delivery sale,
x Ex-dividend.
•No par
*
sale,
Cash
:i
56%
30%
56%
56%
$7%
e
Odd-lot sale,
n Under-the-role
tala.
,
,
'
'.
^ ;
certificates of deposit; "cons," consolidated; "cum," cumula¬
"M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates}
"w w," with warrants; "xw," without warrants.
tive; "conv," convertible;
"wl," when Issued;
deposit—
d Ex-interest,
.
Abbreviations used above—"cod,"
A7-4s 3d stamped
36%
$Frlday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.
SReported in receivership.
81
58
76
.
,91%
F-A
stamped
(issue of Oct.
(Hugo) Corp—
of
Range Since
Sold
No.
Low
105%
103 % 103%
F-A
1950
Corp lnc 5s
ACertificates
Bonds
Bid & Asked
Hip/t
Plan A
to
Stamped
104
F-A
1957
6s
Light
^
$85
1958
reduced
(issue of May
103%
103% 103%
J-D
1948
&
Week's Range
or Friday's
Last
J-D
—1947
1947
1931
Mortgage Bank of Denmark 5s
1972
109
100
103% 103%
F-A
1966
Dec 1
debentures
AStarretfc
Friday
Sale Price
J-J
1952
pursuant
7s
Interest
104%
16
103% 103%
103%
A-O
May 1948
i
6s
•
M-N
1
7s
A7s
101
106%
—
109%
$108
103%
A-O
-May 1948
6s
Debenture
•
A-O
6Vis stamped-1958
(Peru)
City
AMarantio
ARus&ian
(stamped)
Conv 6s stamped
.it
1953
-
.
& Waterways—
External 6%s stamped
Electric—
&
i.
i.
,
105%
89%
25
99
99% ;101Va
•
109%
106
107 Vi
'
■
101 Vi
1955
A7s
105% 107%
10
105%
99%
—1921
Southwestern Gas & Elec 3 Vis
Spalding
$100%
-(.••-
;
101
•
__
Danzig Port
AParana
F-A
-1951
Rys 4s
-w
105
$99%
\
Mortgage Bank of Bogota—
101
(Calif)—
1st mtge. 3s
-V
/
5%s
Danish
AMeaelhn
92
98
$99
•
M-S
1965
$103
v
Interest
April 1948
Jan 1947
Bank of)
1948
Valley 7s
AMortgage Bank of
Southern
119
109
126
108% 108 Vi
108%
107
106 %
$105% 107
—
J-D
—1951
116%
:
J-D
Exchange
7s
Interest
-—1951
6s
Scullln Steel lnc mtge 3s
123
Agricultural Mortgage Bank (Col)—
Stamped
Safe
Curb
20-year 7s
Bogota (see Mortgage
102%
$151
„
A-O
-
110
Foreign Governments! lunicipalitios
A
107
3-D
Queens Borough Gas & Electric—
5 Vis series A
—1952
109%
105%
•
Extended
107
M-N
107%
109-
$118
■F-A
1937
1947
5s
70
,
108%
$107
V
debentures—
Rys
A
109
^101
1
53%
$105
—
; J-O
1959
5s
68
66%
67
Period
106
16
115% 118%
Newspaper Union—
conv
|A Yors
New
Jersey—
certificates
perpetual
$115% 116%
•
103% 105%
3-D
112%
109
M-S
.1964
3Vis
110
110
,.j.
Public Service Co of Colorado—
1st mtge
110
A-O
107
108
„
110
72%
$105
111%
J-J
(.106%
J-D
2030
5s
Traction
105
Co—.
extended
(Can) 4Vis B
101
C;»; '
Power 3%s
103%
103
$106% 108
M-8
3
M-S
income
Water
Penn Electric
108
106%
F-A
101 jV 101A
107%
104 Vi
a J-J
1972
stamped
Power
J-D
107
ioIa
109
101%
106% 106%
106%
—
103
(Maine)-
BONDS
Penn Central Lt & Pwr 4Vis
aiiii*
4
109%
106
73%
A-O
109
'
103% 103%
98%
106
13
5%s .1932
(Delaware)
108%
-.y-V,4
1954
A 5s
Wash
109'/a
105%
103 Vi
103
—
$71%
M-N
1979
:
'56%
105%
$io9%—
M-N
West
>
A-O
1
•'
105% 105 Vi
J-D
.1958
.2022
104
104%
107
$102 O 104
«wy
"
Waldorf-Astoria Hotel—
Cl01%
$106
—
J-J
1977
■
$104
—
F-A
F-A
—
a-O
.1949
F-A
West
1
High
1
27
.-'J
.1952
108
__
106;:,
106
4s.
105 Vi
A
95%
195%
105%
97%
$96%
12
56%
56%
110%
88
5
101% 102
J
5 Vis
Rys
AStamped
-1948
Lexington 1st mtge 3s
5
J-J
1968
5s
117
>
-1962
4s
103 y4
103
J-J
Utah Power & Light CoDebenture 6s series A
108%
107%
$105% 108%
101%
J-J
1971
Service
101% 102%
•3
'••
v
Power Co—-
United Light & Railways
88%
29
103
,*
v
93%
93%
$107% 109%
N
it
cons
United
88
<6
93%
101%
A-O
14
94,
93 Vi
-
\
—
M-N
redeemed) .1948
(21%
Oklahoma Power & Water 5s
Pacific
93%
M-N
2004
3s
Public
93 Vi
M-N
I9t>4
North Continental Utility Corp—
A5
J-D
1954
Westchester" Ltg
93%
94
Electric
Light
1st lien &
106
106
—
A-O
-1968
107
114
:.
—
.1946
3V»s
101%
112
1105
M-S
1948
Debenture 5 Vis
&
J-J
•
Edison
United
78
108%
108
January l._.
Low 1
No.
Low
'1
...
103
3
$114 % 116 Vi
1961
.
N Y State Elec & Gas 3%s
N fY
—
103 Vi
103
103'
"
J107
1950
.
Toledo
Range Sinee
Sold
Industries—
A7-4s 2nd stamped
108%
105
—
M-S
1947
»,
106%
(Hugo)
Bonds
Friday's
or
Bid & Asked
104%
64
2
,
J-D
1948
-
deb
74
71
1948
5s
New Eng Gas & El Assn.5s—_
5S
:
Oonv
.
1981
.
-
106 y«
—
Last
Sale Price
High
Btinnes
112
102
:
Week's R^nge
Interest
Period
107%
105*%
2
$102% 103 Vi
J-D
J-D
Friday
Exchange
High
X uo-2:
$106% 108 Vi
2022
Power 4%s
series .A
New
;
1955
5s
Low
0.
,
Curb
United
r
.•71
A-O
M-S
—1978
Minnesota P & L 4Va8
Low
;$106?/4 107 ;
J103 Vis 104%
_.i ? .;
York
January 1
106% 106Vi
:
New
Range Since
Sold
$110% 110 Vi
"
:
_
—«—1963
4%s—
1967
to
Milwaukee" Gas Light
1st
J-J
J-3
A-O
F-A $
1969
1970
1960
-1948
Light 3%s
Kentucky Utilities 4s
Lake Superior Dist,Pow 3%8
McCord Corp 6s stamped—
BONDS
Bonds
Friday's
or
Bid & Asked
Sale Price
High
Kansas Power &
17
Week's Range
Last
Interest
Period
Exchange
Curb
York
.*(*
august
week ending
for
range
&*<■■> C
o»" r
'•v
OTHEK STOCK EXCHANGES
"
=
*
range
for
17
week ending august
rj;f.
Friday
Baltimore Stock
Exchange
Friday
1: .•1
• TO
0*8^
Week's
Last
■
Range
Bait Transit Co
Preferred
Houston
v
•
100
t c
Oil of Texas 6%
Humphreys Mfg
pfd vtc-
:■
Jan
16
396
r-ij'r
2.75
High
Service
Cities
Vernon-Woodbury Mills pfd
New Amsterdam
Northern
O
S
100
Jun
Eastern
Jun
4%% prior preferred
Eastern Mass Street Ry
25
27%
Jun
30
Apr
6%
13
14
13
Aug
15
May
5%
108
10
87%
Feb
108
Aug
40
26
108
108
Casualty
Central
108
108
28%
»__2
Ry__—
50
Fidelity & Guar
6u
42
42%
28%
108
7
42'%
60
'
.
Apr
Mar
106%
38
Shares
Low
6%
—10
Range Since January U"
High
6%'
19%
1%
Hi'gW'''
Low
206
20
6%
30
6%
16%
1%
1,000
95%
325
Apr
9
<
24%
Jan
1
Mar
Feb
99
29% July
Jan
& Fuel
Gas
,—100
preferred series A
SS
lnc
Lines
94%
94
3%
27
3
99
99
99%
16
96
Jan
16
16
16
100
14%
Jan
3%
common—100
—100
preferred adjustment—:
100
1st
78%
|
4%. Mar
July
.
-July
j
109
Feb
21% Mar
14%
425
12
33%
34
165
31%
Jan
36
Apr
;
1
24%
24%
16
Jan
27%
Jiin
1
46%
48
245
42%
Jan
51%
^dn
398
37%
Feb
44%!kay
173
13% Mar
•
—H.-
'
'
Mar
45%
Jun
National
First
*
Stores——
47
V
Transit Co 4s
1973
1975
A
78%
79
$5,500
83%
83%
84
4,000
70 Va
Apr
86%
Jun
76
Apr
91
Gillette Safety Razor
•
Co
Jun
May
14% Aug
I;
Royale Copper—
STOCKS—
Week'a
Range
56
Sale Price
American
Agricultural Chemical
American
Tel
American
Woolen
Anaconda
Copper
&
Boston &
15
•
Boston
Herald
100
7%
class
10%
Boston
B
C
70
1,145
147
July
Jan
29
125
335
29
36%
Jun
147
147
22
130
Feb
19
25
17
Jan
125
128
45
115% Jan
149% May
20%
132
Jun
41-
42
•
1,627
37
Jan
42%
Jun
73%
73%
74%
272
69%
Jan
81
Jun
•
27%
27
27%
350
.23%
Jan
30
July
60 V*
Jan
90
11
Feb
—
7%
2%
36%
36%
7%
7%.
•'-■
.100
73
76"-.
16
16
pfd .stamped—__100
1st
14
stamped
pfd stamped—
Prop
Trust—
Boston & Providence RR
footnotes
see
page
•
....
14
100
19%
19%'
—•
16%
16%
100
811.
73
56
55%
57'/a
137
50
20
10
400
260
>■
•
Apr
National
New
Service
67%
-
17% Uun
1%
Jan
35%
Jan
; ; ^0 %. Apr
,:v 6%. Jan
11%'Mar
:::.C v;v,:. 25
■
14%
15 Va
•
:
HOi
19%
19
19%
1
23 c
23c
23c
—100
England Tel & Tel
Butte Mining
■.
—
2.50
,120%
49c
65
300
Apr
71% Mar
7%
Jan
16%
15%
22c
109%
Jan
114
30c
49c
Jan
3
325
30c
Jan
40
Jun
'22% May
Jan
July
49c
120% 121
45c
64%
230
»
100
Old Colony RR
Feb
124%
Jun
72C
Pennsylvania
RR
——
2%
50
Feb
53
52%
53
120
38% Mar
54%
Jun
34%
36
491
33%
Jan
40%
Jun
13
13
14% Mar
:
Button
25
12%
Jan
Reece
Folding Machine—-—-—10
1%
1%
1%
30
1JA
Feb
Stone
81
—•
13%
13%
14%
527
10%
Jan
31
31
100
30
20%
190
15%
104% 105 7/a
536
Hole
Webster
Mach
Inc_—
Union
17
Jun
United
14
Apr
22
Jun
United
Jan
17% July
United
60
July
6%
Twist
Drug
Fruit
Shoe
5
Drill
5
Co_
preferred
common.
—
197/s
*
lnc
Mach
May
35%
Reece
10% Mar
Feb
5
13
•
Mills
Pacific
2%
105%
25
25
77
19%
76%
77
45%
45%
-
* Jan
2% July
15% 'Jun
"
35
Jun
Mar
21%*Ma;y
106% July
50
73% July
80 y2 May
$0
45%
50
90
Jan
Jun
.j
*!
:
2%; JH)h
220
67%
14%
5
—
Cos
North
13%
41
:
.
64
-
'
1
—
19% July
Corp
2%
—
5
—
Assn Inc__.
Nash-Kelvinator
July
41%
'
2%
-
Jun
Jan
9%
239
32%
31% July
184
Jan
20%
High
'
29% July
156%
18'A
100
pfd
class D 1st
For
31%
177% 179%
16%
RR—
1st
Personal
Low
100
•
Traveler
Maine
class
Range Since January 1
High
.--—25
:
Ry
prior preferred-
8%
Shares
common—
Linotype
Mergenthaler
19
Edison
Elevated
&
pfd—100
•
(Del)
Narragansett Rac'g
31%
50
—
Albany RR
Boston
.7%
19%
Inc.—
Boston
Boston
31%
178%
_*
-
Bigelow-Sanford. Carpet 6%
Bird & Son
•
-100
Tel
of Prices
Low
44%
15%
.
for Week
Par
16
■
Sales
Last
Corp
Lamson
Exchange
Friday
•:
.
.
Isle
Kennecott Copper
Boston Stock
42%
—•
Electric
General
series
;
14
1—•
common
Employers Group Assoc
Engineers Public Service
•
5s
:T'
Associates^-
109%, July
Bond9—
Baltimore
Jun
2
.,
7
40
155
for Week
23'A July
Feb
-'
Sales
Range
.——10
————
East Boston Co„———
Eastern
Mt
5
Hecla—
&
20
13
V.; ',
130
5
28
10
Range Since January 1
LOW
30
28
Sale Price
,
Par
Calumet
Shares
•'
22%
•28
•'.•>.
Sales
High
22%
5
28
25
:
common
22%
*
v tc
common
Low
v;r-fiiV"'" i/v'I -.'
for Week
of Prices
; Sale Price
Pgr
Arundel Corporation
'
Week's
of Prices
."Last
STOCKS-*.
:
Apr
:
:
|
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 20, 1945
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING AUGUST 17
Friday
■
Last
■.
Sale Price
STOCKS—
.
Low
Par
Week's
■Last
Range
Sales
for Week
of Prices
Shares
.
STOCKS—
Range Since January 1
Shares
High
Low
Sale Price
Par
High
—
58%
59%
31
51%
Jan
61%
—
61 Va
61%
28
59"% July
69%
Quaker Oats Co
Jun
common—50
Smelting Ref & Min
S
Friday
Sales
for Week
———10
Low
*
common.—
Range Since January 1
Low
High
High
86
30
76%
Apr
89%
' 30%
30%
50
30
July
46%
19 %
19 %
400
18
July
17%
17%
350
11
Jan
Jun
U 0 Rubber
U
Week's
Range
of Prices
*
Waldorf System Inc—'
Warren <S D)
Co_
151/8
—12%
Westinghouse Electric Corp
Rath
13%
Jan
47
200
36
Jan
47
32%
34%
377
31% July
Packing common
10
Raytheon Mfg Co common new..i_50c
Rollins Hosiery: Mills common—.i.4
16% Mar
47
~
/
15 Vs
47
*
'*
—
86
-
25
Aug
38
—
—
17%
,
,
,
.
Jun
Jan
22% Jun
19 %
Jun
May
Serrlck Corp class B common
l
67/8
—
150
5%
Jan
600
14%
Apr
800
7
15
Mar
t20
Aug
7% July
Signode Steel Strap—
Common
—!
Sinclair Oil Corp.—.
South
Chicago Stock Exchange
Sales
Range
for Week
Sale Price
STOCKS—
of Prices
Shares
Low
par
Admiral
common————,.—I
Corp
Advanced Alum Castings—*—. —5
10%
300
7%
Jan
250
8% Aug
17%
17%
200
16 3/4
Feb
179% 179%
200
158%
Jan
17%
179%
capital:
Athey Truss Wheel capital
—:
i
Belden
Mfg Co common
Berehoff
Brewing
1,950
;
11%
19%
of
Indiana
Mfg Co capital
Bliss & Laughlin Inc
12
...1
*
com
Brown
Butler
Brothers
&
Co
(AM)
.10
common
•
Central Illinois Pub Serv S6 pfd
Cent 111 Secur Corp common.———1
3%
Jan
'5% Mar
400
23%
Jan
39%
Jun
57/s
5%
100
4%
Feb
6
Mar
J
common
.1
>
Sundstrand Machine Tool common
5
Swift & Co capital.——25
Apr
Central S W Util common
Preferred
■
/
———.
208 South La Salle Street Corp com
Central States. Pr & Lt preference—*
l7/s
Jan
21%
Jun
Wisconsin
13
Feb
Woodall
10
Feb
26
July
Mar
44
V t
for 5%
c
23%
Jan
31
Jun
133/4
Jan
19a/4 May
16 3/4
10% Mar
7%
Jan
100
8%
-
Jan
150
24
18%
100
31
.350
19
37
i
800
29
50
.
.
_
v
Jan
22
29
—
Bankshares
42 %
42%
91%
91%
110
99%
Jan
%
Jan
100
t
82%
:
Enlisted
Cities
Co
Service
18'/a '
18%
18%
400
14% Mar
67%
.
common
•
—*
67%
68
700
59%
33%
34%
400
(The)
gColeman
145
Jan
General
'Commonwealth
25
30%
Edison common.
.Consolidated Biscuit common.———_1
vtc
Co
Consumers
partic pfd—
.
/ Common part shs v t c B—
i;
.
:
-■
Crane
20%
Apr
Interlake
Jan
9%
Feb
250
53%
Jan
38%
600
25 %
Jan
61%
100
547/8
Jan
100
93%
Jan
300
16%
Inc
—2%
common
3%
17
28%
Co
34
76%
116
24%
Jan
Iron
Corp
—•
common..
Corp
1,500
600
38
Jan
9
Mar
:
;
■
—
5%
Jan
81%
Apr
7%
Jun
44% Aug
■
300
23%
Jan
28% July
19%
300
15%
Jan
22% May
1,000
22
Jan
32%
Jun
300
28
Jan
34%
Jun
48%
Jan
54%
17
Jan
21
10%
Jan
14
19%
.
23%
24%
31%
31%
32
Jun
Pullman
Incorporated
May
Pure Oil
Co
19
18%
19
700
13
14
1,100
Jun
*
Jun
Republic Steel Corp common
Jun
Standard
Brands
Standard
31% July
12 % May
Jan
44
10%
50
10
Mar
11%
300
26
.Jan
60
104
Jan
*
23%
«
common———
22%
23%
600
■
—
•
•
.
—
;
..
Jun
Mar
Aug
Jan
26
Jun
29% Jan
37
Aug
58%
-.1
25%
...._
56%
58%
/1:200
25%
26%
600
18% Jan
65% May
29% May
59%
_25
Studebaker Corp common—
U S Rubber Co common
July
13%
■
II*
Oil of N J
Jan
36
♦
Radio Corp of America common- ..*
6%
140
■'
,
————
(The) common—
18%
Jun
25
19
1
23%
Jan
11%
24%
19%
—
——
59%
100
57
60
58%
;
Jan
Aug
Apr
Jan
34
105
7
7
,
3%, Jari
14
/
50
12%
Apr
8
Jun
.15%
Apr
41%
41%*
17%
'■'
37% Jun
108%
/
-■/
; ;14%
^
1°-
:
•„——.—*
17%
17%
100
15
Jan
4%
4%
900
4
Apr
100
Cincinnati Slock Exchange
Jan
46% May
'40% Mar
Industries Ino class A—1
4%
18%
Feb
Paper
40
Util Corp
5
—15
.
183/4
300
13% Mar
21%
315
35%
40%
Feb
10
39
44
Mar
Watch
Co
Fitz Simons & Coniiel Dredge &
Dock & Co common
36
*
•
...
17
—
_5
1
3
18%
18%
—10
67%
Candy class A.——
General Finance Corp common—
Range
for Week
of Prices
Shares
May
Low
17
100
18%
50
8
8%
200
67
67%
1,100
11
Jan
Machine.
part pfd.
Apr
Aug
Baldwin'
19
Feb
6%
Laundry
Products
17
Feb
16%
American
American
National
Sales
Last
Sale Price
Jun
36
18%
40
18%
(The)———
Corp
Housenoid
Week's
Friday
5% Mar
STOCKS
General
m
44%
—•"
400
33%
^
Elgin
Jan
200
5%
42%
-.5
(Glen L) Co common—
July
Jan
67%
77%
5%
77%
—
'
aieeinc
9% Jan
—1
5,200
105
common—
podge Mfg Corp common
Eddy
7% Jan
New York Central RR capital
10%
k—1
'
Domestic
14% July
50
Paramount Pictures Inc
303/4
7(4
8% Mar
8
Jun
42
105
"■*
& Cohn Jnc common.^lO
(Alf)
&
550
'
May
10%
.)
-JDeere
100
;
400
350
44%
common
'
""o-V-'-'-y
49%
10
—
common—————:——25
cum pfd—.100
Lighting
Becker
6
173/4
13%
14
•
.
Co
61
'•;
40%
■
Corp
Co
Nash-Kelvinator
20
Jun
Aug
Jan
30%
■V-i."'■;VV'
Cudahy Packing Co 1%
Curtis
..
,
8
III"
7%
17 %
;
10
50
.*'
Steel
Electric
8%
6
173/4
72
37% May
14% July
13%
—
capital-—.5
rMirr;tss-W*lghT-
2,800
19%
19%
Jan
31% July
11% Jan
15%
61%
i—5
.
31%
1103/4 1103/4
_*
com—
Co Inc—
Jun
93% May
18% Jun
13Va
__
•
Copper Mining—.
—*50
& Santa Fe Ry com-.lOO
Bethlehem
Jun
5
•
10
common——
Aluminum Uten Co
:;Club
.■"■45/':;
Atch Topeka
37
'
Jan
8tocks^::///;K';;/,/y/^
8,
573%
18
X57%
__
79
34%
♦
....
American Radiator & St Ban com.—*
2% Apr
H Jan
141 * i
73/4
„
Feb
July
80
3%
57%
-.1—5
36% Jan
30
91%
corn—.—
Indust
Yates-American Machine
Aug
150
2
73/4
100
preferred..
Chrysler Corp common
34% Feb
May
100
250
Martin
.
16 %
Apr
Apr
20%
'
37
Apr
31
42%
United Light & Rys w 1-—....——:
18
——1
Convertible preferred
....——•
•Chicago & North Western Ry— Vtc for common—————1—*
f14
•
U S Steel common
140
Chicago Corp common.-.
100
500
.*
Union Carbide & Carbon capital—
Feb
3%
•
i
.
14%
327/s
Jun
9
_50o
14%
32%
14%
~
.
93/4
105% 106
—
June
1,500
9 %
29
xl05%
Jun
17% May
4%
Anaconda
Castle
36%
42%
35%
3% May
183/4
18%
Apr
4%
Jan
31
::io
12% Mar
26 %
34%
Jan
:';4iy'^:4l:Sy
—5
common.
Fence & Wire class A pfd.^
70
4%
7 3%
24
Borg-Warner Corp
300
34%
5%
8%
24
.
100
15%
37%
1
150
200
12
'
■
20%
15%
36%
July
17% Mar
capital.*—25
800
20%
1
—
,
16
Jan
180% July
y
Oil
9
23/4
12
-10
——
Corp—
15%
20%
—
Westinghouse El & Mfg com (new) 12%
Sinks
15%
15
37%
•
77/8
•
7%
14%
—
2
9
2%
4
3
capital—5
common
7%
Mfg Co common—.——. —1
Asbestos
Aviation Corp (Delaware)—.
12%
15%
Nat Stockyards capital.
Sterling Brewers Inc
15% May
10% Feb
Jan
8%
8%
8%
.—*
Allied Laboratories, common—
American Tel & Tel Co
High
LOW
8%
—-
Works
xl4%
.•
Common
High
11%
■
common——
Lathe
Inc
Standard
Range Since Jannary 1
8%
12%
'
'
»
Ball Bearing
Aetna
Bend
Spiegel
St Louis
•
Standard Dredge-
Week's
Last
Friday
(new)
July
Cincinnati
19
11%
11%
13
•
High
36% Feb
4%
7
19
—
_
Low
32% Jan
35%
7
Churngold
Jun
35%
35%
Range Since January t
High
13
9
Mar
Jan
10
Jan
19
July
Motors
Corp
General
Safety
Adv
Outdoor
Gillette
common
common—*
Razor
Gossard Co
common.
Lakes Dr
100
10%
9%
Jan
Jan
70% May
Jan
10
12%
Jun
19
Jan
107%
Jan
109%
Jun
115
108
Jan
115
May
*
*
20
—a
Jun
Cincinnati Street
13%
Feb
Jan
21
Jun
Cincinnati Telephone
Cincinnati Union Stock
13%
13%
100
I73/4
173/4
18%
350
16
21%
21%
21%
350
18% Feb
22
U%
11%
100
11%
Apr
13% Mar
16
16
350
13%
Apr
38 %
38%
100
37% May
40
21
21
100
17
23
16
l
•
.
—50
Crosley Dorp.
(Geo)
com
..."
.
Formica
A———*
—
•
:
6
~1
Hupp Motors common (new).
Power & Light
Steel
Indiana
600
3%
Jan
14%
15%
800
7%
Jan
30
30%
200
24%
24%
8
Drug Co common—————.1
Tube & Lamp com A—..*
9%
—
Kentucky Util jr cum pfd——
50
Kimberly Clark common—.—*
xl9%
Jan
8
100
6%
Jan
29
30
12%
Jan
Yards
78% Mar
86% July
12
12
11
July
16
Jan
130
130
125
Jun
133
May
,39%
,
Hobart
Randall
27%
26%
Jun
33%
Jan
43
43%
40
Jan
46
Apr
41%
9%
600
34%
150
54%
54%
48
7%
7%
8%
6%
Jan
28% Mar
10%
41%
42%
45
Mar
50
Jun
58%
55 % Mar
62%
Jun
U
Jun
S
25
25
27
25
'
'
25
.5%
■
'
Printing
American
34% Aug
30
52%
Feb
56
100
38%
Jan
48%
Aug
5%
3%
Feb
19%
14%
Jan
July
5% July
19
19
20
May
4% Mar
8%
Jun
9%
City
Jun
Apr
7%
300
8%
1,300
7%
Jan
6%
50
6%
Jan
250
5%
Jan
25
Ice
&
General
21%
15% Jan
19%
19%
10
19
24
21%
21%
13
207/e
FueL——————_*
—
...
21%
125
7%
7%
25
66%
68»/8
216
19%
19%
10
36%
36%
4
•
!.....'—-.10
Motors
67%
May
Jan
Jan
4
62%
Jan
Jun
23 %.Jan
8% July.
70% May
20%. Jun
9% Aug
8%
Pure Oil
19%
——
Standard
Brands
:
—
187/a Jun
28% Jan
37%
Jun
*
McWilliams Dredging Co
Marshall Field ftnmmnn
4 %%
preferred
.*
com
14
•
--
West
Miller
&
capitals
Corp
Hart Inc
— r
Standard
—10
Jan
Jan
26
Jun
110
Jun
12
15
15%
2,100
10%
Jan
3%
1,000
2%
Jan
13%
150
17% Jan
14%
4%
100
12
Jan
33
Jan,
40
63
600
48%
Jan
65% July
T
35
150
40
40
35
40
300
15% Mar
4 36%
Jan
Par
common
25
common.——*
lien pfd—
100
American
Northwest
Car
Bancorp
Nor West Util pr
7%
100
Nunn Bush Shoe' cdmmon—...———2 %
■
preferred
17%
—
17%
50
17% Aug
19
Apr
26%
^
'
,
26%
50
23 %
26%
Jun
143
-
52%"
—————
17%
.17%
143
Jan
Manufacturing
Electric
.
Oklahoma Gas & Elec 7%
Tire
40
138
Jan
52%
30
43
Jan
58%
Jun
Interlake
17%
50
16
Feb
18%
Jun
Jones
153
128
pfd—100
common
Peabody Coal Co class B com^—
Penn
Elec
Switch
Pennsylvania
RR
For footnotes
class
A
.
capital
see
page
:
—5
—10
50
811.
48%
.30
129%
40
48%
50
6%
950
127
Feb
1%
6%
23
23
23
35%
35
35%
.
50
600
■
Range Sines January 1
totr
High
93
21
93%
245
80%
21 :
93
5
Low
Sales.
for Week
Shares
21
126
I8V4 Jan
Jan
High
94
„
-
Aug
&
25
Jan
61
May
55
Jan
65
Jun
a29% a29%
13
Jan
32%
Feb
35%
50
33
Jan
39%
40
27%
Jan
39
Jun
17%
Jun
a557/a a557/s
..
.64
Rubber
..
24 V« Mar
v
64
May
&
Steamship
—
Laughlin-
Island
L &
—
"
35%
a34 % a35
13 % Mar
Apr
250
10%
100
7%
Jan
11%-July
49%
49%
25
43%
Jan
52
May
a24% a24%
15%
15%
10%
T„
60
20%
Jan
27
Jun
5%
840
15%
129% Aug
Lamson
(The)
'
Controller
General
Keiley
Parker Pen Co
'
—*
Range
of Prices
Apr
Eaton
North
-
8ale Price
■
Cleveland Cliffs Iron preferredCliffs Corp common——
July
41
stocks—
:
Feb
39
Last
•
14% May
100
61%
.2
13%
36
Week's
Friday
Feb
13%
61%
Cleveland Slock Exchange
Jan
15% Jun
36
—10
common
13%
18%
106% May
8% Apr
15
»
Mfg common.——___l»
Montgomery Ward & Co common—•
common.
20
12
3%
$1 prior preferred—
National
800
12
Modine
National Pressure Cooker
100
26
109% 109%
vtc.
common
14
25%
'
100
——
Mickelberry's Food Prod com—1
Middle
14
50
May
McKee
&
(A
Sessions—.
G)
class
B.
.
8% Mar
23
Aug
National
40% May
National
Acme
Tile
..;
.
:
22% July
•
Z'.
Rolling Mill.
Columbia Gas
7% Mar
9%
;
•
Cities Service
May
6%
8%
*
^
—
57
58%
class A—'
Class B
Jim
6%
Libby McNeil & Libby common—
7
common—
.....1
Lindsay Light & Chemical com—
„
•
...
40% Jun
July
8% Mar
39
•
28% Mar
27%
——*
A.—
Procter & Gamble
16% Aug
41% Jun
26
class
39%
43
*
—
—.
Fee
85
*
Insulation
14*
12
85
,_f
...
Gibson Art
Unlisted-^
34%
48
48
B
600
93/4
v.,:;
Lincoln Printing Co
V f
24%
29
:
Ken-Rad
''
Jan
8
*
LaSalle Ext Univ common
20
Jan
May
6% July
y.
1
Prod common—...
'■/:;
15%
com——*
Interstate Power $6 preferred
Katz
6%
30
Brick Co capital....:
10
Illinois Central RR common—100
Illinois
Indianapolis
6
Jan
Jan
11%
50
.*
—
.—...
*
Hormel & Co
Houdaille Hershey class B—
8%
17% July
—.10
Heileman Brew Co G cap..
i... '"••• ■'
■
/
•{■■'... -j
115
Jun
13%
Coca Cola class A——
Harnischfeger Corp common—
13% July
July
•
...
5%
107% 107%
Advertising Products
17%
13% Mar
9
Jan
*
—
Dk com..
&
10
16
62
*
common—.
Great
18
16
—
•
common
Goldblatt Bros Inc
(H W)
t
Cincinnati Gas & Electric pfd—100
C N 0 & T P
General
5
2
Jan
5% Jun
'
i
Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING
Week's
Range
of Prices
Friday
Last
Sale Price
STOCKS—
-
High
Reliance
Electric
5
:
„
>
—
Richman Bros
Standard
-10'
Ohio,,
of
Oil
Thompson Products,
Van Dorn Iron
—
23%
t
Weinberger
White
Stores
Drug
Motor
-
—
23%
July
45
July
18% Jan
30
,100
Apr
H
Creameries
Prpfprrprl
23
Jun
68
Jan
33%
55
39 Vi
Jan
51% Jun
Oil
53
37%
Jan
44% May.
33
39 Va
Jan
49% May
U
Steel
a24% a247/a
Steel
s
21%
17
Mar
—•
a22% a23%
19% Jan
;—-——*
common-
a67 % a68 %
32%
Jan
al6% al6%
—
Industries
Farnsworth
General
Motors
58%
Jan
9Q
614
14%
510
a81%
a81% a83%
85
71
28
11
27%
50o
14%
40c
40c
40c
15%
15%
15%
320
a67%
a53%
Jun
Hupp Motor Car Corp
72%
Jan
Co
Oceanic
Oil
Pacific
Clay
6%
Chicago Stock Exchange
Corp
rJv"'-v.-
-'v ■./ '
Low
Brown, McLaren
———1
Consolidated Paper ————10
Detroit
Edison
common———20
12%
,
12%
1%
1
——
-
^Xote^vr^'^-vv
High
1%
100
,
Standard
10%
.
250
Jan
21
22%
21
200
2'2%
895
Biah
12% May
2% Feb
1% May
^8
Jan
22%
—
■
21% Jan
21% Feb
23% July
-
Detroit
Detroit
Gray Iron-——
Michigan Stove
Detroit
Steel
.-——5
1
2
Corp
—
Federal Motor TruckGar
Wood
Jan
5%
Jan
I7
.100.,
4%
'
Graham-Paige common—;—
Ball
Hoover
&
26%
—ilO
Bearing
26%
Hoskins Mfg
Houdaille-Hershey
.——2%
-
class
14%
13% May
3% Jan
5,490 ;
9% Aug
4% July
5%' Jan
;
11% July
23
125
Jan
14% -A
442
12% Jan
21
150
26% July
16% Jan
14%
21
B——*
17 %u Jun
,
7% Mar
300
v
11%
•
10%
2% July
7% July
9% Mar
„
1,605
9%
4%
10%
•
•
15 % Jan
,
155
11%
11%
8%
*4%
-—
—
1%
100
I7
.
■
Industries———
Goebel Brewing
550
2%
17
—
2%
6% ; 6%
2%
14% Aug
i
23
Mar
Oil Co
Oil
Sunray
Oil
Union
11 '/a
100
40
40%
246
34%
Jan
41%
40
40
100
190
38%
48%
Jan
Jan
41% May
a50% a50%
2014 20%
6%
7
Feb
20% Aug
..
__
—
20%
7
._
1
1
10
_
Kresge (S S) Co—
1%
.
1%
28%
1%
28%
245
Barnsdall
Bendix
May
26'A Mar
Feb
28% May
Masco
Products—;———1
Screw
McCianahan Oil common
.1
340
1%
1%
72c
«7c
72c
1%
32c
6,078
Jan
1%
-
Jan
76c
—
Mlcromatic Hone
Packard
Motor
—•
Parke, Davis & Co—
Parker
Wolverine
Prudential
*
'
Rickel
Invest
Scotten-Dillon
—..
Shelter Mfg
Simplicity
/'!•
Standard Tube B
Tivoli
U
S
Brewing
Radiator
————
—
400
13%
Jan
5%
Jan
205
30
21% Aug
7%
29% Feb
10
17
v
13
Jun
May
17% July
33
Jan
3%
:
'
«
2% Jan
477
:
100
100
.
3%
J
3% Aug
;
3% May
12 Va
Feb
4
Jun
14
Feb
Jun
9
9
100
7
Jan
9% May
~3%
3%
3%
275
3
Apr.
5%
3%
3%
200
2% Jan
4
Mar
4%
483
3% Jan
5
Feb
71/4
7%
1,160
1
4
——.
Universal Products
12%
12%
2% Jan
700
3
3
3
3«A
common.——.———.1
7%
Warner Aircraft common.
30
30
~*
——
1%
1%
4%
30
155
1%
500
Direct Private Wire to Allen & Co.,
Jan
9% May
30
Aug
1%
Jap
Jan
Aug
(
2y4 Mar
46%
21%
46%
21%
25 Va
104
28
Feb
46% Aug
862
20ya
Jan
25 Va Mat
150
16%
Jan
27
2c
May
5
—
——25
21%
1
—
Inc
—
COMPLETE INVESTMENT
Listed
BROKERAGE
—
Unlisted Issues
;
Ry Co
Oil
Co.;
—
Co
Week's
Range
"
Blue
50c
9%
——1-3%
For footnotes see
page
811,
12
Jan
15% Aug
161
Feb
180 Va July
29% Jan
75
6Va Jan
77% Jan
32% May
5% Jan
a82V4
..
7%
__
al8%
—
Low
9%
3%
Sales
for Week
Shares
9%
3%
27
27
27
4%
4%
4%
100
200
100
1,159
United
•
3
Jan
20
High.
ij
S
Jan
a63% a63%
Jan
66
3
20%
Feb
23 'A
230
4V»
Jan
a63%
—
65
—
al7
35%
a25%
*
——*
•
a52%
al8V2
14
————•
a23
——
JVa
*
—
al20%
14%
a407/8
—
—
a587/8
14ys
a25%
a33%
a51%
a43%
—
Corp——._*
—
—
Corp
Western
Westinghouse Elec & Mfg Co
Willys-Overland Motors, Inc
Woolworth Company (F W)
Union Tel Co
—
—
9% July
30% May
4% Jun
8%
A
.—5
-*
10
*
—*
12%
—_1
—10
—
.
;
50
a91%
al23%
38
a25%
—
a59V8
a67V2
46
—
—
a45%
Jan
7ya
Jun
19J/4 Jan
4Va Jan
22ya
Jun
50
205
Jan
38 Va
12 V» Mar
11% July
44
Jan
40
54]/8
Jan
833
5%
Jan
50
50 lU
„
Jan
July
eO'AMay
12
July
52'A
30
Jan
35%
35
18%
Jan
31
125
Jun
45
40% Mar
25
-
Apr
Jun
May
36
35% Mar
39%
Apr
100
7% Jan
9Va
Apr
224
25 ya July
28 Vi May
;
iiVa
Jan
63
v
22
Jan
32 Va
.
35
164
50
30
758
14
July
Jan
19%
50
26
Jun
July
20 Va
Feb
Jan
7%
Jun
28 Vt Mar
33%
Jun
17
,
5%
33%
Jan
80
26
Mar
y4 Mar
170
48
100
17%
Jan
1,212
10 Va
Jan
280
Aug
Jun
Jan
9%
211
19% Jan
v
40 Va May
29
Jun
53%
Jun
.
v.
-
20% Mar,
>-
14
Aug -N
25 Va Jun
50
a24% a24%
189
al20al21V8
101%
Jan
108% May
134
13%
Jan
17%
Apr
135
34 Va
Jan
52 Vi
Jun
25
29%
Jan
35%
Jun
80
14 A
a23% &23%
a45y8 a45%
Jun
5%
70
o
38
a26
2Va
a60
a67% a677/s
46
.46
a33 a34/4
Jun
100
■
7 1 (f
a31% a31%
35 Va 35%
38
a25%
:2%
a58%
1%
25 Vb
Jan
5,685
14%
31% May
H Feb
9
'588
a407/s a42%
a36% a36%
a35a35%
a587/s a59 Vs
14J/a 14 Vb
a25%
a26
a32% a33Vs
a51% a51%
a43% a43%
al7% al7%
a89% a917/a
al23% al247/a
Jun
Jun
July
18
24% 24%
alO% alO%
25 % 25 %
al7
a25% a26%
a51% a52%
al8%al8V2
13%
14
a22/s
a23
May
175
8%
63
8
,
Jun
165
a26
a29% a29%
63
42
29 % Mar
1,210
a25%
50
—25
Del——:
a20%a20%
7%
7%
a30% a30%
1%
1%
al9V8 a20%
11% 11%
5%
57/s
a20a20Va
al2
al2
a43V8 a44%
a44% a44%
a58% a58Vs
10% 11 Va
a48%
a50
a32l% a33Vs
a25V4a25V4
a35% a36J/4
—
a29%
63
24%
a 10%
—*
Aircraft Corp—
Stepl
19% Jun
49% Aug
Jan
a31V2
5%
Jan
27%
48 Va
-
—
Jan
10%
—————
Rubber Co
17%
39%
——*
*
1
United Corporation (Del)
U S
24% Feb
80'A May
12
—.—*
-
Aug
Jan
48% July
68V4 Jan
50
Company--——
Co
17%
440
Ward & Co, Inc.—
Inc
25
50
15 15%
a39% a397/s
Co
Apr
Feb
10
15
a39%
25
Jun
July
9% Jun
30 Va Jun
a76% a787/s
a20% a21Vs
York
Oil
35%
—
Pacifio Railroad Company—100
United Air Lines Inc—*———10
5% Apr
50
170
10 V*
98
a77%
25
Union Carbide & Carbon
3% Aug
17% Jan
299
—-—5
Union
Low
a87/a
a9
a81% a87%
a31Vaa31%
7Va
7V2
a26% a26%
al8% al8%
a50V8 a50l/8
36
——*
„—
Roebuck & Co
——*
Socony-Vacuum Oil Co..
—-—15
Southern Railway Company——.*
Standard Brands, Inc
~*
Standard Oil Co <Ind)——
-25
Standard Oil Co (N J).—
—25
Stone & Webster Inc
*
Studebaker Corp
1
Range Since January 1
High
15%
31%
160
Sears,
]
Feb
370
-5
-
-
Montgomery
Oil
5c
445
—5
.
Corp__,
Seaboard Oil Co of
Angeles Slock Exchange
of Prices
3c
315
a8%
-100
25
__3
———
Last
3C
,
Jun
15%
31%
25
Texas
Co
—--—25
Texas Gulf Sulphur Co..———
—*
Tide Water Assoc Oil——.
—10
Friday
25 Va
31%
15%'
—100
—i
Swift & Co—
6ale Price
:
al79 al78%al79%
*
Corp
Republic Steel Corp
Spring Street—LOS ANGELES—TRinity 4121
Co
Jun
898
-
Pullman
FACILITIES
Stock exchange
Corp common- -——'•
Diamond Corp__
—2
14%
12%
Pennsylvania Railroad Co.
Phelps Dodge Corp.—
New York
AND
FAIRMAN & CO.
Bros
Jan
10% Mar
12%
Radio Corp of America—
Aircraft Accessories Corp.—__
7*A
12%
Libby. McNeill & Llbby.
7
Loew's, Inc
:
~*
McKesson & Robbins, Inc—.——18
Pure
Bandini Petroleum
Aug
-'—2
Packard Motor Car Co_
Pictures, Inc
Barker
Jun
6
100
Paramount
Par
45 Vk
6
California
Service
Ohio
STOCKS—
Jan
Jan
6
Central RR
*
Aviation Inc..——1
North American Co _—.—.——10
Los
39
—
New
650 So,
787
50
1,265
6
—
North American
Member Los Angeles
41
—-——10
__
Columbia Gas & Electric Corp
«
7Vs
Commonwealth Edison Co_
-25
__
Commonwealth & Southern Corp—*
1%
Cons Vultee Aircraft Corp
—1
al9Va
Continental Motors Cori).
—.1
11%
Curtiss-Wright Corp
—1
5%
Class A
—
——1
—
Electric Powe'r & Light Corp
——
General Electric Co———
—
•
a44%
General Foods Corp—
——.—•
-Goodrich (B F) Co
—— fGraham-Paige Motors Corp——_—1
10%
Great Northern Ry Co pfd__
—*
—
Int'l Nickel Co of Canada
—•
a32V2
Int'l Tel & Tel Corp
—
—*
—
Kennecott Copper Corp
•
a36%
37/«.'
common.
Jun
40%
Caterpillar Tractor Co
3%
1
Jan
57 y2
Feb
3%
——.——
Pattern
31JA
Jan
Jun
17
17
10
•
.
Mar,
39 y8
3%
1
Cor
30
363
—
3
2
;
(H W)
Jan
186
..
•
•
Jan
"
Peninsular Metal Product's—i
July
Jan
30
___*
———_*
:
Jun
32
32 V*
IVa
1,092
11
21
2%
7%
Feb
July
Jan
400
21%
17c
17% Mar
30%
1,300
7%
7%
27%
Jan
15 V« Mar
26% Jan.
2%
Cities
4o
r
300
3%
20%
— _—
Car.;.:——
528
31%
30%
447/a
—
2'/4
2%
125
3,000
Apr
31%
30%
447/«
al4% al4%
30% 30%
3.0%
,
3
3
Michigan Die CastingMichigan Sugar common.
—
23%
20% July
25% Aug
.1
Lines
Aviation
I
u
May
—
Canadian Pacific Railway Co
J
Feb 4
1%
10
*
Bethlehem Steel Corp—
Case
V
-Apr
13% Mar
Jan
'/a Jan
6% May
135
Feb
July
43C
Calif
of
Boeing Airplane Co
'
10 y*
100
1,600'-
'
'
.
Jan
8%
Jan
Mar
;
Jun
53% July
•
Refining Co
Corporation
1%
500
12
1%
11% Aug ;
July,
Stocks—;:;;
A T & S F
5% Feb
5%
33c
7%
a20% a20%
25% 25%
9c
10c
15% 15%
15%
al4%
Copper Mining Co———50
Armour «& Co (111)————
5
1 Va
'
150
-
20
130
1
75c
Jan
6%
350
Jun
9JA Mar
y .v/'-'i'
*■
25
—
.
4%
Apr
29c
1,500
r
6%
$
_*
•
1
25
35c
1%
7
Anaconda
3% Jan
840
5
4%
5
11%
12
Baldwin Locomotive Works vtc——13
Kingston Products common——
Kinsel Drug
:
35c
—
-25
American Tel & Tel Co—
Aviation
Jun
11 %
62%c62%c
Company
Amer Rad & Stan San
'Atlantic
75c
,11 %
_*
15
...
1
3'A Jun
Jan
4,300
Mining StocksImperial Development Co Ltd——25c
•Unlisted
Jun
July
1.45
48c
■
Corporation—
of
Air
190
183
Feb
41c
".V
Transcon & Western Air Inc.——
Western
Jun
42c
:
—25
Corporation
Transamerica
Jun
29V*
3% Aug
6% Aug
l
...
-
Range Sine* January 1
80c
Jan
—
Corp
Pacific
Jan
19%
100
—•
Oil Corp—
Aircraft Company—
Southern
45c
335
228
„
Company
preferred class B
5%% pfd class C
Shares
200
1,900
.10
6%
for Week
75c
25%
6% July
16%
6%
*
Southern Calif Edison Co Ltd
Range
Jan
3%
25
Sinclair
of Prices
13%
6%
25
common
Aeronautical
Solar
100
—
•
common
Stores, Inc
Shell Union" Oil Corp.—_
Sale*
15%
25%
__
1
Safeway
Week'*
6
Jan
3%
Oil «Co—————
Trading
6
3%
'
-:
62V2CMar
-1
—
—
Warrants
Sierra
32y» May
345
10
——_
v.
71 Vs July
Jan
4,150
—
Oil
Jan
15 y*
185
—1
•
57% Mar
53%
225
—1
Ryan
50% July
22
185
preferred
Lighting Corp common
Richfield
25
210
Rice
DETROIT
70 Va May
185
Pacific Western Oil Corp
Telephone: Randolph 5530
Jun
26% July
215
Products-—.—
Ranch
July
15%
.
—
Dev Co——1
1st
Pacific
Feb
16%
Jan
10
Co
Pacific Gas & Elec
New York Curb Associate
45c
Jan
62% Jan
-—1
Mfg Co—
Jan
13
75c
1
Angeles Invest Co
30c
275
—.100
—
Jun
15%
30
29*%
6
15%
Corp—
33
16%
a70ya a70Va
1
Petroleum
Jun
Jun
348
23
a53%a53%
30
——1
Co
16
92
200
a667/sa68%
23
Republic Petroleum Co common
—
14%
—
Hancock Oil Co "A" common—
.*
Hudson Motor Car Co
—•
Member*
■
Juri
Jan
12% Mar
1,400
X
Feb
AVATLING, LERCHEN & CO
Baldwin Rubber
28
—
common———10
Monogram Pictures
Northrop Aircraft Inc
Last
Jan
*15% May
25% Jan
29% July
May
10%
255
& Radio—,
Mt Diablo Oil Mng &
Friday
Jan
17% Aug
26% Jan
14
Jun
Menasco
Sale Price
5%
Aug
94
9Q
20%
Los
Ford Building
4
175
9Q
(new)
Corp
Lockheed Aircraft
Detroit Stock Exchange
200
887
Jun
26% May
Jan
14%
Gladding, McBean & Co—...
*
Goodyear Tire & Rubber Co com—*
Lincoln
Stock Exchange
High
5%
Jan
21
———•
Television
Lane-Wells
STOCKS—
151
IncIIII—I—1
America,
26
?!'
New York
1.75
1,210
4
4%
all0ali3%
17% 18%
—
17%
4%
22%
-
common—
Republic
May
70
a44%
a48 Va a48%
common————*
N Y Central RR
Ohio
64
53% Mar
;a57% a57%
a44 %
Low
4%
22%
alll%
Range Since January 1
High'
*
of
Douglas Aircraft CoDresser
10
*
—
Shares
Jun
Mar
14
———*
Rubber———
&
Tire
Industrial Rayon
;
1
Chrysler Corporation
Electrical Products Corp.—.
4
Exeter Oil Co, Ltd, class A——1
General Electric common—
(V
Co—
4%
22%
;
—
5
Consolidated Steel Corp—————*
UnlistedFirestone
Chica Oil Corp—
—1
Broadway Dept Store Inc com——.—-•
Cessna Aircraft
for Week
Low
Bolsa
Feb
53% Mar
24%
26%
670
'20
a30% a30'/a
a49 % a50y*
'
Youngstown Sheet & Tube common-—*
18% Jun
48% Jun
20
255
:
23 & 23%
20
20
*
-------I
'
a20%620%
a47% a477/a
—
Inc.--
39% Mar
14% Jan
Par
Sales
Range
.
■
Sale Price
High
Low
No.
Low
Week's
of Prices
Friday
Last
STOCKS—
Range Since January 1
2
252
al7% a 17%
44% 44J/a
•
AUGUST 17
^
Sales:
for Week
Shares
35 V*
Jan
39
Jun
45
57%
Jan
62
Apr
100
11%
Jan
95
18%
Jan
14% Aug
29 Va May
94
31V4 Mar
.
34% Jun
"
20
49%
Jan
30
39% Mar
50
17%
Jan
55
..
Apr
43% Aug
20
Mar
130
84 Vi
Apr
92% May
100
117%
33%
Jan
Feb
129% July
160
28
Apr
90
125
1%
Jan
39% May
32%
3
Jan
Jun
145
58% May
61%
Jun
127
59%
Jan
71%
Jun
200
44% Jan
31% July
49 Va
Jun
37% May
17%
Jan
25 V* July
41
Jan
45VtMay
150
50
132
.
.
Monday, Ay gust 20, 1945
COMMERCIAL & FINANCIAL CHRONICLE
THE
BOB
OThER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
17
AUGUST
Week's
Sales
Range
Friday
for Week
Last
Philadelphia Stock Exchange
*
Week's
'■
Range
of Prices
Shares
Sale Price
STOCKS'—
•
—100
& Tel—
20 %
178%
13
*
*
26%
15%
16%
5
American Stores
113%
Baldwin Locomotive Works v t c
Mig Co common—
Budd Wheel Co
—
—
IE G)
Badd
Chrysler Corp
Curtis Pub Co common—
——*
Sun
7% Jan
21 Va
42 %
22%
161
30
19% Jan
36% Jan
—
22 %
5
15% Jan
„
1
■
„
,
-
42 Va
22%
—
6%
52%
67%
67%
—
A
5%
32%
A 21
24%
27%
32%
.
166
175
Jan
Jan
Jan
Jan
May
Mar
$3
Corp
——-♦
common———25
42%' 43
%
1
AA
%
32
42
30
117
;■
2%
2%
2%
25
—
*
/■
312
Westmoreland Inc
2%
2% vA 210
44% "45%
113
18 % 19 %
1,296
19% 20
258
—
44%
—*
13 Va
10
preferred
United Gas Improvement
-
29% Mar
45
May
19%
20
10% Jan
52% Aug
:
York
Aug
46
Jun
1% Jun
% Apr
1"% Jan
t
1%
38%
13%
18%
.
Range
Steel
-
A
31%
30%
Low;f;\i\:<)
:
161
10%
10 %
10 %
15%
14%
15% A A
28%
V
Inv
10%
Jun
13
Jan
110
3%
24
———10
Bottling common——A.
24
4%
Jan
1 % Mar
Jan
21%
21%
20
18%
Jan
22%
13%
34
10%
Jan
15
10%
135
9%
Feb
12%
10%
10
Steel
200
4
8%
8%
8%
40
8
July
1
23%
23%
24%
25
75,
22%
Jun
24%
50
22%
Jun
17
30
16
Apr
40
40
; v" 30
34
Mar
24%
17
;Av; ,17
40 A A
Last
STOCKS-
Range
St
of Prices
Shares
Par
Asbestos
Low
*
16
._*
114%
Steel
Ltd
5%
pfd—100
Corp
16
com—.
St
Louis
Goods common—
Dry
Pub
"A"
Serv
Sales
10
47%
Jan
65
41%
25
39%
Feb.
42%
13%
14
325
9V4
Jan
14%
21
21
17%
Jan
29%
30%
360
27%
Jan
36
Jun
21%
22
157
17%
Jan
24
Jun
22
23%
40
19
Jan
24%
14%
14%
150
A®
~
::;A
*
14%
—:A;A
ENDING
inc-1964
•-
A.A^
Gatineau
Range Since January I
Low
High
16 Va
625
14%
Jan
30
94 Va
Jan
127%
106
40
100%
Jan
106
Aug
25%
175
Trac
20
16%'V
*
16%
16%
420
168
168
168
62
*
25%
25%
25%
2%
3
200
Mar
2
3.6
16
1
11
24
■^■24
Light & Power—
Columbia
class B———*
Power
Biuck Silk Mills
—
* A
;
—
Bulolo Gold Dredging
24
*
26%
Jan
Jun
14%
Jan
18
Jun
Feb
161
■„
912
22%
172
!
•
27%
Jun
4%
Jun
Jan
16% Aug
:'';
165
18%
Jan
24
Aug
20%
20%
300
17
Jan
24
5%
Power
Preferred
A—„
Cement common
100
Preferred
126
Gurd
(Charles)
Hamilton
Bridge
Kollinger Gold Mines—
Hudson
:
Paper common—
Imperial
600
Jan
13% Aug
126
32
Canadian Bronze common
Canadian Car &
Foundry
Oil Ltd
9%
Canadian
Preferred
17
3,880
8%
Jan
17
51
51%
70
44%
Jan
Lake of the Woods Milling common—*
40
40
Laura
July
100
38 Va May
51% July
41% Jun
13%
13%
756
10
14%
30%
30%
530
28
Mar
Apr
32
Jun
Jun
Jan
59
July
40
145
33
Jan
47
8%
9
375
Apr
10%
29
29
29
110
.—25
17
17
173/4
3,303
———__*
40
6 Va
Secord
—
Lindsay
(C W)
common—
109
100
*
3
-*■ V:
Candy
-
27Va
18
16%
8.
MacKinnon Structural Steel common-!*
*
35
Jun
Mitchell
20%
Jun
Molson's
Breweries
Cottons
Feb
12
-—A——-—-—*
AA—*
A—A—A—A—-
10%
28
24%
(Robert)
100
Cons—*
—
—
preferred
13%
13%
105
12 Va
Apr
15
Jun
67
66%
68
1,300
49
Jan
70
40
39%
40
345
33
Jan
40
Jun
National Breweries common
*
59
59
59%
140
42%
Jan
64%
Jun
Niagara Wire Weaving
33%
3334
380
29
Feb
36 %
Jun
Noranda Mine3 Ltd
—
May
33%
25
13
100
•
13
75
11% May
16%
Montreal Light Heat & Power
27
50
25
Feb
29
Jun
Steel
Car Corp
.--A-
_
.
—_*
*
—.—;•*
—*
—
—•
;
—
Jun
27
150
10
124
Jan
165
Jun
167
20
161
Jan
167
Aug
9%
9%
975
7% Mar
12
Jun
—___*
16%
16%
16%
175
18%
common—*
17%
17
17%
Ogilvie Flour Mills common—
—*
Ontario Steel Products common——*
Ottawa Car Aircraft——
*
27%
Jun
-
A-
14
Jan
Ottawa
Light Heat & Power com—100
————100
650
12%
Jan
*
79
79
79
155
72
Jan
——*
———_
of Canada
31
14%
15
"A
9%
9%
9%
350
1
14%
14%
14%
12%
Jan
16% May
24
24
24
20%
Jan
25
Provincial
—
Price Bros
*
8% May
18% July
Page-Hersey
Tubes —-————*
common—-———*
Jun
Penmans
11
Jun
Powell River Co
Jun
10
100
28
Ltd
79%
8%
Jun
11
Mar
160
21
Jan
24
Feb
250 /
30%
Jan
35
Mar
Jan
16%
Jan
13% July
18% Jan
13%
13%
13%
12 %
16%
16%
16
May
13% May
Jun
21'A
—
Corp of Canada———
—*
& Co Ltd common—*
Transport
——
.—*
33Va
15
33
May
106 106%
97 Va
Apr
108% July
22
22%
21%
Jan
24% Mar
11%
——:
11%
167
Corporation
30%
11 Va
A
Lang & Sons Ltd John A
Power
Electrolux
22
Public Service Ltd common—*
Preferred
13%
_*
12% July
850
12%
22
113
15% Mar
150
Foundation Co.
Feb
33%
McColl-Frontenac Oil
9%
Dominion Tar & Chemical
6%
113
Jun
167
Dryden Paper
350
33%
5
„*
Dominion Textile common—:———
Jan
7
7 A-
113
Mar
8%
Ltd
8%
33Va
;
—
Jun
172
—100
Stores
60
1,150
_*
common.
Preferred
Preferred
Dominion
5% May
7%
11%
Aug
Jan
16%
Jan
—
105% May
7% Aug
21%
17
Steel & Coal class B—,.—25
Preferred
Jan
102
7
—100
International Power
National
Dominion
19 Va Aug
Feb
46
Dominion Glass common———
Apr
31
Jun
160
Steel—
Feb
29%
22'/a
46%
___•
&
15
13%
16%
106 Va
Jan
_*
High
102
97
15%
31
_*
Foundries
22
31
100
40
'
Dominion
40
12%
Ltd-——*
—
180
85
Bridge
———
Dominion Coal preferred——
325
common——1—15
Petroleum Co
45 %
45
Dominion
35
19
32% Mar
45
54
Consumers Glass
Low
102
18%
39 Va May
45
168
Distillers Seagrams common—
Range Since January 1
Jan
July
10% July
53
1
Jun
Jan
17%
126
168
Consolidated Mining & Smelting—
91
29%
-
International
Montreal
Cockshutt Plow
Feb
31%
Jan
54
Locomotive
80%
36
Jan
168
Canadian Pacific Railway
May
31%
Jan
common—*
Alcohol
May
41
35%
7%
*
Investment—
Ind
15
Jan
31%
Massey-Harris
Canadian Foreign
Jun
Jan
35 Va
11%
—100
common
7%
Canadian
7
com—*
119%
13%
Jun
July
11%
11%
7
25
—:
—
Nickel of Canada
International
165
—
'
35
High
104% 104 %
*
205
.25
Canadian Celanese
Low
101%
18%
,--A
16Va
-*
common
Aa
Imperial Tobacco of Canada common-5
.International Bronze common
10%
*
preferred
Preferred
.
15%
*
;
—.
23
Sale*
Shares
*
5
*
*
*
Breweries common
Preferred
New
—.
Bay Mining—.;
Jamaica
Canadian
—
50
preferred
!
for Week
*
10%
Steamship
5%
$2,000
Range
*
common—
Gypsum, Lime & Alabastlne—
15%
Northern Power Corp,.——*
—.
89%
Week'*
100
*
Canada
Canada
common
89%
of Prices
preferred—,—100
i
International Paper
Canada
60
Last
May
13 Va
126
—:
39%
July
Feb
May
13 Va
-5
—A——
39%
Sale Price
J
Par
Preferred
—1
Building Products class A
30 '
Jun
19
'
Brazilian
Jun
10
Howard Smith
British
"
MARKETS
AUGUST
General Steel Wares common————*
25%
:
July
63
41%
30
A AAAA/;.
100
Bathurst Power & Paper class A
Bell Telephone
Aug
21
com
Serv 25-yr conv
Louis Pub
LISTED
FOR WEEK
106
25%
*
Jan
40
Bonds—
Jun
114 114 Va
A'A
May
17%
.
13%
5
20
STOCKS—
High
25% Mar
26
63
Wagner Electric common
Apr
July
for Week
Sale Price
Jun
Mar
10
~
gA
Friday
V
Aug
6%
Jan
«
common,
Exchange
Week's
10
Jan
5%
*
Funds
Canadian
7%
5%
Piping & Supply cornMissouri Portland Cement common.—29
24 % May
13%
Supply
High
Low
100
~5%
10
common
3% Aug
20%
Range Since January 1
High
10
30
•
Hyde Park Brewing common
International Shoe
8% July
400
65
Low
1
common
Laclede
140
24
Shares
A. A:A
for Week
of Prices
A1
Sale*
Range
*
Brewing
Exchange
Week'*
Pepper common————
Jan
—*
Refractories
Canada
593
Jun
10
of
7600
Bell Teletype SL
Last
Friday
Co
1871
3
—
Electric Co—
10%
3%
3%
iontrea! Stock
Aluminum
37% May
10
Equipt common
Bldg
16 Va
,
RANGE
Algoma
31% Mar
31% Aug
'"Phone
Sale Price
Laclede-Christy Clay Prod
CANADIAN
Aluminium
27% Mar
St. Louis 2, Missouri
1
common——
34% Mar
7%
7
com.:—1
Gas
Fuel
St.,
Par
Rice-Stix
Mountain
Apr
20
215
CEntral
A(V"'
STOCKS—
<
Midwest
Gas & Electric common—*
Walker
38
30%
34%
\ High
Jan
32
31%
.*
:
Continental Commercial Corp
Star
A-a 14% Aug
Jan
30%
Friday
A"
'".A/
21 % July
Range Since January 1
High
100
Co pfd
Co
A'"A A A-
A V%v:
'
Falstaff
Shares
Low
—*
.
A A/'/'A A A ,A/
/A;-/A ■'
vV
>.'!
for Week
of Prices
Par
.
Harbison
Mar
32%
30%
St. Louis Slock
3% Jun
3Va Jun
47
Jun
19% July
Jan
Jan
Jan
Jun
Sales
Last
Sale Price
AAA.,:
■
Lone
Feb
8c
1
67% Aug
'
Devonian Oil A,
Jan
34
Exchange
Stock
Griesedieck-Western Brew com
Week's
Friday
Columbia
100
9 '/a
Jan
Jan
9%
339
34%
Chicago Stock Exch.
Chicago Board of Trade
New York Curb Exchange Associate
Pittsburgh Slock Exchange
Natural Gas
14%
34%
Louis Stock Exchange
St.
—
Dr
Blaw-Knox
14%
6Va
5c
1,500
May
Members
A,
New
27% May
.
Coca-Cola
Arkansas
14%
North 4th
300
Century
Ludlum
6c
Established
32% July
39% May
Bank
Allegheny
275
7%
6c
Jun
"1% Mar
142
Edward D. Jones & Co.
26Va Jun
28% Apr
American
STOCKS—
Jan
AA
common
A
18%
A
Jan
118%
St. Louis Listed and Unlisted Securities
'•
United
Jan
1%
25
34%
Alloys
8
Jun
40% May
6% Aug
42% Feb
57% Jan
320
55
6%
52% A-
67%
1*
-
Corp
i 22
1
15%
166
7%
Steel—_—.—
*
Westinghouse Air Brake
Ai
*
Wcstinghouse Electric Corp com—12%
11% Jun
3,965
2,498
42 %
36%
50
50
Oil
Invest
145
7%
'«• 2,541
288
CorpA—_
Preferred
10%
36
—
Vanadium
90
1%
6c
1
1
—
17%
1%
16% Jun
17% Jun
25%
27%
32
36%
Tacony-Palmyra Bridge—
Class
A participating
Transit
12% Jan
6% Jan
24%
27%
31%
34%
.
62 % Mar
17%
1%
——
Mining
Steel Springs—
Toy
Standard
16% Jun
627
353
7
34%
_•
*
25
3
San
22% Jun
51
Feb
70% May
10%
.
4% July
Jan
1%
122
-
136% 136 %
———
Pittsburgh
117% May
16% Jan
43% Aug
62
Jan
7%
35%
25%
-
common—
;
505
155
548
•' 10%
common
Paper
620
,
Pittsburgh
62
62
Brewing
Pittsburgh
Pittsburgh
30% Jun
167/a Jun
18% Jun
A
92% Jan
9% Jan
♦
—:
preferred
Motors
Scott
145 /
13%
11%
Corp
Oil
24"% Aug
lOVa Jan
10% Jan
13%
10%
Pennsylvania RR
Dome
7
13%
10%
Philadelphia Electric Co common$1 preference common
Phila Elec Power 8% pfd
Salt
25
Mar
184 Va July
•
50
Pennroad Corp
Co
16
17 % Jan
157 Va Jan
20%
45%
68%
,.
National Power & Light
2nd
-
Jan
58
520
3%
3%
•
Corp..
preferred—.—*
Forgings
1
Oil & Gas
5
Plate
Glass—
25
Screw & Bolt Corp
.—*
Pittsburgh
High
20%
43%
66%
Coal & Navigation
Valley RR
Reo
73
347
86
110% 113 Va
15
Low
77
568
26%
15Va
16%
Fireproofing
1
High
Low
No.
Low
Range Since January 1
20%
45%
-67%
•
—
Lehigh
Reading
26%
14%
15"%
National
-
,
1
50
Motors
Lehigh
Philco
•
—18
Storage Battery
Electric
High
20 Va 20%
177% 179%
16
.
-13%
Light
Power &
Delaware
General
Low
Par
.
American Tel
Last
■
High
Sales
for Week-
Friday
"
Range since January
Shares
of Prices
Sale Price
STOCKS—
27% May
108%
Jan
11%
11
Jan
109
109
107
Feb
27%
27 Va
18
18
16%
16%
8
8
24% Mar
16
15%
8
Jan
Feb
July
38%
113
Jun
Jun
Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
CANADIAN
RANGE
Week's
Sales
Last
Range
of Prices
Shares
1 'V' ?,
1
;: ■'
'
Par
Quebec
Power
Saguenay
St
LOW
*
Williams
of
Southam Press—
Southern
Steel
of
3%
62
62%
185
18'/e
18%
710
24
25
60
'J!
15%
12
12 %
76
6
6'/a
(Geo)
preferred
—
20
Jun
25
Jan
Jun*
16
10%
Jan
14
76
July
37/e
Jun
6%
Apr
63
30
58
Mar
70
Mar
78%
50
21
Apr
100
Jan
100
100
40
11%
11%
549
90
91
30
28%
28%
50
♦
u/:—
6%
——L—————^
'
Apr
100
;
14%
Jan
91
Jan
28% Aug
Jan
16%
70
14
Jan
19
10
——
15
19%
445
28%
19
10
~i.hr.
-
Royal
18%
-
Jun
Toronto Stock Exchange
July
,
28%
93
18
16% Apr
19 %
Jan
15(4 Jan
18% July
Montreal
notes—
—
__
49%
_
$20 7
49%
49% Jan
49%
-
Power
&
Paper common
Acme
Sugar
Alberta
STOCKS-
Sales
Range
for Week
Sale Price
of prices
Par
Power
&
Paper common
cumulative
Acadia & Atlantic Sugar common
Bathurst Power
&
American
Oil
British
Columbia
59
59
385
Packers
Co
Ltd—:
44
17
July
Jun
62 %
Mar
Jun
Aquarius
3%
125
3
Jan
4%
Jun
410
23%
Jan
25%
Jun
Astoria
17'/8
;
410
35
25
British Col Pulp & Paper Co com—_ *
Brown Company common
1
45
45
25
3%
3%
1,100
36% May
2.30 Jan
25%
26
330
IO8V2 108%
5
17% July
3%
34
Mar
July
Canadian
&
Sugar
Cable
Industries
Ltd
class B
*
Canadian Marconi
155%
30
1
2
100
100
100
95
Feb
3%
37/a
550
2
75c
9
75c
75c
100
40c
preferred—
,
Vickers
9
150
70
70
205
1.95
1.80
1.95
1,500
9
q
q
1,000
*777
—
7%
preferred——100
Canadian Western Lumber——
1
Cassidy's Limited
Commercial
———100
Alcohols Ltd
Preferred
—
-
Class
B
—
Dominion
Square
Donnacona
Fairchild
Corp..
Aircraft
Aircraft
Geld
200
28% Aug
30% July
12 >4
12% July
5(4
12'4
■V 400
12
July
37(4
38
130
30
Jan
40
Jun
39%
39%
255
35% Feb
41
July
15
Mar
425
2
5%
3% Mar
Jan
12%
,
Mar
5%
5%
325
*
29%
29%
82
25
1.75
1.75
25
30c
Jan
Jan
Motor Co of
Canada
International Paints
class A
(Can)
Journal
Publishing Co
Labatt (John) Ltd
Lambert (Alfred) ———;
class
40
274
34%
8
'
8%
125
4
13 %
'
13%
30
22
22%
——
—
Groceterias
40
100
.
Loblaw
40
8%
Ltd A
7%
—_1
A
22 %
7%
27(4
*
•;
% Mar
350
27 %
50
9
Jun
Jun
23
Jun
8% Mar
July
28
Jan
•
Lowney Co Ltd-
Maple Leaf Milling Co Ltd
McColl
Frontenac
Melchers
Distilleries
Minnesota
Moore
Oil
&
6%
Ltd
Paper Co
Ltd
Chemicals
—
15
105
4%
175
12(4
625
62
80
13
13
•
13
77 8
10% Jun
23c
10% 7
16%
Mar
Braiorne
Mines.
Feb
107
Jan
5% Aug
14
%
Jun
65%
Jun
3%
Feb
Jan
6
Jan
8
1,670
14% July
Jan
22c
July
10
Jun
30c
:
Apr
ll7/a Aug
Arno
Mines
Bcaufor
Ltd
Gold
.«* '
————
Mines
Ltd
W:Z
5,500
9%c July
19c
July
9c
8%c
9c
13,200
3c
Jan
23c
May
26c
26c
26c
1,600
be
Jan
51c
Apr
39c
"Zl
-
lie
40c
2,000
35c
-1
Gold
Mines
Jun
60c
„1
Cartier-Malartic
17c
17c
17c
2,000
6c
Jan
27c
May
Ltd-
._1
10c
10c
11c
2,000
6c
Jan
18c
May
4c
Jan
54c
Jun
Central
Cadillac
Gold
Mines Ltd—
-1
26 %C
25c
30c
33,700
Central
Patricia
Gold
Mines
,_1
2.95
2.89
2.95
295
—1
45c
44c
45 c
9,800
33c
Jun
60c
Jun
-1
30c
30c
31c
1,000
10c
Jan
45c
May
Gold
Centremaque
Mines
2.90
4.05
,_1
4.10
2.55
8,300.
1
>
W 2.40 May
82,000
1
38c
2,500
3,800
52c
4,020
36c
1
._1
Formaque Gold Mines
2.95
3.80
._1
4.25
Jan
Jan
16%
Apr
30
Jun
161
Apr
172
Feb
July
12% July
July
30c
<30
•
,
Jan
9.50
85c
Feb
1.90 Mav
*22% Feb
■
Jan
2.35
1.55 Mar
,77
Jan
60c
May
22%cApr
19% July
26% Mar
1.22
1.46
.
Apr
Jun
55c
May
12c
__l
32c
Mar
15%c
"
.
Jan
Jan
45c
Apr
35c
1
.
Apr
Jun
67c
Jun
;
Jan
18
Brazilian Traction Light & Pwr com
•
22%
Feb
British
•
28% Aug
25% Jun
American
Oh
British Columbia Packers—
British Columbia Power class A—
Class
British
$ 23% Aug
•
25
Gold
38c
Mines,,
95c
5.00
V,
Feb
1.25
Jun
Jan
78c
Jun
6.50 Jan
May
Jan
65c
18%
Bunker Hill ———
Jun
73 %c
8%c
—
Building Products—
Burns & Co
4%
Jun
•
„
Gold Mines
34% July
Jun
July
—_1
—
60c
Feb
27
Aug
—1
Buffalo Ankerite Gold Mines
Buffalo Canadian
Apr
2(4 May
/
Porcupine Mines, Ltd—
Buffadison
Apr
20 %
♦
Dominion Oil—
Broulan
Jan
24
Aug
3(4c Jan
class B——
10c
Apr
10
*
-
Calgary & Edmonton
May
2.95 Aug
*
Calmont Oils
Campbell
15%
Jun
2.15
Feb
July
Canada Bread
:
common
B
Canada
.
B
Canada
Preferred
Canadian Bakeries preferred
Bank
:
Commerce
Apr
1.00 Aug
Jun
Apr
100
158%
Canadian
Car
Celanese
3
175
Jan
Mar
17%
Jan
47
100
95
May
Jun
July
105% Aug
14
Jan
17
Jun
8
Jan
37
44
Jan
52
July
July
/
1.50 May
60c
common
Canadian
Locomotive J.
»in
Malartic
19%
Jun
25% Feb
17%
Feb
20
1.12
July
2.10: Jun
Jun
27%
Apr
32%
We
45%
Jan
58
Jun
49 %
May
75
July
6%
Feb
current
next
week.
Publish
them
Monday's
ISSUe.
*•
Allv'ntena
Apr
Aug
go
to press
the
figures for
to
25without
"the
Apr
23%
were
we
Jun
15%
,
90
60c
,
Aug
*
1.92 Mar
90
1
Jun
Canadian
July
July
17% Aug
11%
——*We regret that
preferred—
new
11
;
35
39%
convpTrefer?ed":::::::::::::::::?°forced
Canadian
Jan
:>
•
•
common
fndustrlaf aSSi'Mm
1.75 May
Jan
100
—
Canners
7%
12%
—t
—
Aircraft
Canadian
Jun
•
Patricia Gold
Crowshore
Cub
Coal
Nest
56%
_•
—
Crolnor Pershing Mines-———
Crow's
Jun
Apr
32%
.10
common:
—-——
Aug
50
*
Breweries
Aug
78
13 %
*
—
Preferred
112
Apr
*
Permanent Mortgage
Steamship Lines common
Canada
Apr
Jun
*
■————
6% Mar
48%
Power.
class A
Packers
Class
Apr
2.40 Aug
9(4
63
—
Northern
30c
Aug
111%
*
Canada Malting
Canada
Jan
5
50
—...
Jan
1.80 July
100
—
Canadian
2.99
*
Canada Cement, common—.
7.00 May
Jan
*
—
-
A
Class
1.70
21c
__JL
Lake—
Red
Canadian
lie
Ltd
Corp
Copper
1.90
14%
Canadian
Mining Stocks
Aldermac
3.60
13c
I
Ltd
Jan
10%cJun
—I
Mines
Apr
Mar
1.03 May
80c
Aor
•
Feb
28% July
2% Mar
866
9%
Jan
»
11% July
15
23c
10
—
.
57%
230
8
23c
Southmount Invest Co Ltd-.——
Standard
107
62
62
•
Noorduyn Aviation Ltd
Sarnia Bridge Company Ltd
22
4%
4%
5
:
12
76
11%
♦
common
Ontario
Corporation
25
106
106
pid_100
13
26%
>
1
Bonville Gold Mines
Class
13
pfd——100
cum
e
26%
_•
common
Massey-Harris Co Ltd 5%
9%
A
9%
*
——
,
Gold
Mar
Jun
13% Aug
Aug
%;••:.•
Jun
8% Aug
6% Mar
25
.
July
2
43
,
7
30%
•
13 % Aug
22
Jun
510.
7%;
27%
Jun
4% July
Jan
Foreign Power Sec Corp Ltd com
*
Praser Companies voting trust——_*
7
.,1
Bldgood Kirkiand Gold
Ltd—
——;-i—;
Jun
29'4
4
>
100
—
Mining
—
Bobjo Mines
Bonetal
Jun
3%
Gold
Gold
Jun
Jun
3%
'
,r
May
2lc
29c
6(4c
.1
Scotia
Nova
Feb
7(4
5
—
,
50c
Feb
41c
issue.
July
74c
7 '
Exploration & Radium——l
Seattle Gold Mines Ltd
1
7v Class B "•
—*
2.25
28%
—
of
:
Aug
May
35c
Monday's
Bear
11%
9% Feb
28c
96c
15c
next
iin
......
July
10%
5
Mines.
Bevcourt
Apr
10
July
——1
Bell Telephone of Canada-
6%
875
55c
Mines —
—————I
Consolidated Mines
1
Belleterre
8(4 Jan
12%
Mar
—
Jun
Jan
11%
May
27c
week.
Ltd———r—1
Jun
3%
11
Jun
29c
-1
1.25
Apr
12%
27c
Jan
Mines
Jun
73
11%
May
current
1
4%
12
*
Ltd
Apr
5
*.
—
Ltd
100
2,171
Paper Co Ltd
Jun
16c
figures
10
9
38
press
Jun
10c
the
10
7(4
Dominion Engineering Works Ltd——*
Dominion Olicioth At Linoleum Co
♦
nn>«
to
Jan
Aug
60c
Bank
*
.
tn
irn
7.60
18%
for
Bank of Montreal——
Jun
*
—
were
U'
We
the
Apr
8%
9
ti>
we
.
without
Mar
3%
?
7'4
—
*
that
Jan
20c
July
:~:ri(ntend /o 1publish them
Aubelle Mines
4(4
-5 *
_
Consolidated Paper Corp Ltd—
Davis Leather class A_—
9.55 Mar
Bagamac
1.80 Aug
6(4 Jan
50
1.13 Mar
Jan
j
^
Aumaque Gold Mines—
4(4
•
common
105 %
Jan
regret
i
Jun
Feb
6%
46
Jan
73c
Bankfield
Feb
9
70
Company
100%
Jun
Jan
100
3%
129% Jun
168
Feb
100
Jan
172
167% May
100
■
100
Jan
155% Aug
170
2%
170
2%
Feb
lIO:.,ea
—
Jan
26%
Mar
97
111
Apr
19c
Feb
——"foroed
Gold
4.15
22% Mar
108
Feb
9c
pfd-100
-
45%
'
1
Canadian Pwr & Paper Inv Ltd com__*
Canadian
155% 155%
100
com—*
,
,
25%
pfd—100
1% preferred
1
Canadian Int'l Investm't Trust
preferred
—*
-
6% Vo
5%
Quebec Mines
Aunor
Dominion
Aug
2.35 May
14%
'We
Mines
Yellowknife
Atlas
12c
Apr
25
95
Ashley Gold
24%
'
100
ArntHeld'
17
34
Wire
Canada
14 %C
Feb
*
Oil
Porcupine
Gold
3%
34
Canada
of
Mines
Area
Arjon
23%
—*
Canada &
Co.
Jan
1.25 Mar
common—..
Canadian
17
—*
Ltd
5(4
2% Mar
July
19%
Jun
Jun
17% July
100% July
.*.
Huroman
24%
_*
class B—_*
Paper
British
Range Since January 1
Low
High
1,150
59
100
4%
100
1
—
-
—
Ltd
Anglo
High
m
Consolidated
Anglo
Shares
Low
4%
—•
preferred
1
Aug
1
Pacific
Aluminum
Week's
17
v":--:
5%
62%
Mar
*
common
Preferred
Last
High
2% Mar
44
7%c
Shoe
—
Friday
Low
V":.
Oil
Aldermac
Copper —
Algoma Steel common
Aluminium
Range Since January 1
7C7
■
*•
common..
Oil & Gas
A] ax
High
100
&
Gas
Low
100
Agnew-Surpass
Canadian Funds
Shares
•
preferred
Preferred
Feb
Montreal Curb Market
for Week
Par
Abitibi
Acadia-Atlantic
Power
Sales
Range
of Prices
7:v7"~':
•
STOCKS—
Jun
29%
May
Week's
Last
Sale Price
9#i-7'7
Jun
27
870
18%
17%
Bonds-
Ford
Funds
Friday
7.716% July
6%
Fleet
LAKE—-TIMMINS
Jan
Jan
115
16%
'-'k'
-I'
Nova Scotia
.■
Cable Address:—"Dohroadco" Toronto
Branches:—KIRKLAND
Canadian
i6;
16
—10
.
Montreal
5%
EXCHANGE
1, CANADA
>;
Commerce
5%
STOCK
•'
Canadienne
6%
TORONTO
Telephone:—Waverley 7411
July
75
Banks
Abitibi
THE
22% Aug
23
.
MEMBERS
293 BAY STREET, TORONTO
Jun
63
355
90
DOHERTY ROADHOUSE & CO.
Jun
Jan
76
100
—
.
Feb
22%
11%
*
::ioo
Ltd
Jan
68
Jan
Jun
69
70
Canadian Listed and Unlisted Securities
July
4(4
v."
74%
63
:
Jun
107
22%
74%
.100
common
Preferred
•
Mar
16%
350
1
*
Winnipeg Electric
58%
22
^V; 315
6
"
'7 17%
v. ! 7
Jan
2% May
248
76
63
*
corn-
105
15
15%
•
*
Worts
.'7'
17
High
15(4 Feb
460
12
*1
Preferred
;:
76
15%
Walker Gooderham &
Zellers
3(4
*
common..
United Steel Corp—
Wabasso Cotton
Weston
10
•
Power
Canada
106
•
com_
:
Canada
Co
Canada
106
25
Lawrence Paper preferred— Zioo
Shawinigan Water & Power
St
Sherwin
115
I'Z-tjk-.
'
Low
16%
62%
18%
Power
Lawrence
;'
3%
"Zioo
preferred
Corporation common.
y
.7.
AUGUST
Range Since January 1
High
:/ ■' 16%
11*'
—
V
ENDING
for Week
Sale Price
Friday
1
MARKETS
LISTED
WEEK
FOR
809
16
•
Jan
Jun
35
Jan
19
Jun
10%
Mar
70c
July
Jun
1.35
Jan
'
Goldora
Mines
Ltd
-1
._1
35c
35c
37c
-1
7%c
7%c
8c
-1
65c
68c
.^1
:-."y i5c
._1
•
Zhi
21%
_1
3,000
7
3 Vac
Jan
7%c Jan
68c
2,700
15c
5,000
5.05
700
21 %
77
46c
Apr
15c
21 %
July
20 (4c
5.05
■
30c
125
-
i
7c
64 (4 c
,
18
common
25c
Preferred
5.15
Canadian
Pacific
Canadian
Wirebound
Cariboo
24% May
Castle
69c
Central
Gold
Ry—
25
Trethewey
Mines
_>
McKenzie Red Lake
Zi
Gold Mines
■
62c
67c
4,000
1.40
10O
1.80
"
1.40
1.80
1.95 :
1.55 July
2.00 Aug
Chemical
1.60
1.60
300
1.35 Mar
1.75 May
6.35
600
2.97
6.70 May
Chromium
ZZmhZ'
1,800
46c
92c
July:
:
Aug
•
Jan
Feb
2.05 Mar
Central Porcupine
Pandora
Cadallic
Paramaque
Research
M
Preston East
Quebec
1
.3.15
3.15
3.15
100
Apr
Cocbenour
1
34c
34c
35c
5,000
10c
Feb
44c
Jun
Cocksnutt
———————
26c
25c
27c
2,000
25c
Aug
62c
Apr
Coin
Gold
Mines—
Dome
Yellowknife
Mines Ltd
2.90
—1
Mines Ltd
—i.————.71..77: 7
Red Crest Gold Mines Ltd
Rochette Gold Mines,—
—---■
Sheep Creek Gold Mines
J
7>7
S
&
Siscoe
Gold
Mines
Stadacona Mines
Standard
Mines
Ltd
T
66c
:
37c
200
500
Jan
2.90 Aug
21C July
3.80
2.90 Aug
39%c July
Sullivan Cons Mines Ltd
:
Jun
1.38
600
1.27
Feb
1.38 Aug
Consolidated
68c
200
66c
Aug
80c
May
Consolidated
Mining
90c
May
Consumers Gas
Apr
38c Aug
74c
77c
4,410
65c
Jan
74c
71c
74c
10,634
60c
Mar
45 %c
51c
8,000
43c
Apr
1.00 May
1
2.70
2.60
2.70
Jan
3.80
5,600
1.50
1.05
Apr
Apr
Stocks
Coniagas
Ooniaurum
Home Oil Co Ltd—
For
footnotes
—<*
-
see
page
:
811.
60c
Mar
1.50
.
*
:
:
3.65
3.65
3.70
200
1
10 %c
10c
11c
10,500
3.10
4 (4 c
Jan
Jan
4.25 Mar
18c
May
&
(Toronto)
1
Class B
2.94
75c
Jan
12 % May
Apr
5.20 Aug
■
15
Jun
/
Jan
78c
May
35c
Jun
85c
May
6% Mar
7%
Jun
5
1.33
Jan
2.25
Jan
2.09
Jun
'
;
90
Mar
.
23
*
J2v,c
.
1
Jun
1.00 Jun
«.
-.7'v".
Jan
Jan
29% Aug
12
♦
——
Jan
345
100
100
May
49
5
A-
—
; •
Apr
1.45
•
class
•
Jun
Jun
43c
•
Imperial Mills
Delnite Mines
1.50
14
Smelting
Petroleum
Leather
Feb
Apr
•
Conwest Exploration
Cosmos
2.42
1.15
i
■
Jun
26c
1
—
Mines
Corrugated Box preferred
Davis
Homestead Oil & Gas Ltd
Mar
K""
-
Bakeries
66c
25c
77c
—
Mines
—
Jan
Davies
Oil
National
6c
1.38
—
May
25c
v'"1. '
Petroleum
15c
47c
—
Conduits
33c
1|
2,000
1.30 May
2.85 Jun
Jan
•
54,600
1
Ltd
Gold'Mines
Gold
Co
37c
Jan
Jun
Apr
Jan
1
Lake
Commonwealth
2.90
1.89
■
Willans
Plow
25% May
12%c
*
17c 17 %c
—1
Ltd
1944
I
2.90
2.25
21
Jan
Jan
1
1
30c
37c
-50c
Sherritt-Gordon
37c
7
17 %c
*
,
1
Mines
Citralam Malartic Mines
O'Brien Gold Mines Ltd
/
Jan
1.80
1.00
.
Chesterville Larder Lake Gold Mines—1
6.30
Macdonald
——
'
;—1
Gold
Patricia
62c
Zi
Louvicourt Goldfields
Jun
2.00 July
200
July
20(4
1
1.40
Lingman Lake
Aug
11%
■
Boxes
Quartz—
29
Aug
50
—-—100
Apr
28c
Jan
Oils
Jan
1.50 May
Jan
Canadian
Apr
13 (4 c May
:
Jan
2.45
July
1.15
Julv
Jan
16
Jan
70% Mav
149%
Feb
1.60 Mar
110% Aug
27
Mar
17c
Mar
3iy8 July
13
Jm1-7
2.00 May
'
THE COMMERCIAL' & FINANCIAL CHRONICLE
'810
CANADIAN
Week's
Range
for Week
of Prices
Shares
Friday
High
Denison
Distillers
Seagrams
Dominion
-1
,—■
Bank
'/■ v;
Sales
for
Range Since January 1
No.
Low
;■;
.
Dominion
Dominion
Scottish
—2bthe
stores
Dominion
Dominion
Duquesne
week.
East
Crest
nexi
East
Maiartic Mines
East Sullivan
publish
them
13
Gold
Eldona
class B—
Federal
Ford Co
14
Gatineau Power common
5%
preferred
preferred
Steel
35
Giant Yellowknife Gold Mines
God's Lake Mines Ltd
Goldcrest
Gold
Goldhawk
Gate
Gold
Gold
'
Oil
,
'*
*'<
———...
j j
J
I
Kerr-Addison Gold Mines..
the
La
Luz
Mines
week.
current
to
publish
them
Monday's issue. |
Lnura Secord
Gold
;
Groceterias class
Class "B"
Louvicourt
Lynx
Lake Gold
Gold
—
Preferred
Mines
.
common
—
common
—
McDcugall
McTntvre
Segur
—:
McLellari Gold
Red
McWatters
Gold
—
5%c
18c
Jun
July
18
11 Va
Jan
Apr
July
Apr
1.35 May
5.15
Juu
1.76
JUH
24VzC
Apt
Jun
Jan
24% Mar
7.25
■.
Preferred
Mines
,
14c
July
Apr
Mar
July
6(4 Jun
2.59 Jan
Jan
16% Mar
Jan
32c
Apr
1,05 May
5.10
Apr
79%
Apr
69
1
Mar
21
a;A;AA;A
Apr
22% May
Jan
1.77 Mar
1.20
>
85c
145
a-a-a^-a:
A;;;:aaaa ;-'vaa'
;-v;1* ,a=:-
8c
6
•
19
Feb
Aug
July
20% July
Feb
Feb
101%
Jan
41c
Apr
Apr
100
3.30
14
Jun
Jan
95
July
Jun
68%
112
Jan
Jan
5.00
Jun
65c
May
3%c Jan
25c
Feb
35c
*
1.63
156
May
Jan
99
.1
Aug
Jan
15 %
•
i—
G
July
3.65 Aug
1
—
Jun
46% Mar
•
70c
pfd a—aaaa—.—.100
Ymir Yankee Girl
July
Jun
July
12
Wright Hargreaves Mines...
Yellorex
22
12c
.——100
Wood Alexander
Apr
May
9% Jun
61c
30
18
■ •
Mar
3.15 Feb
Jan
8c
,
.
108
1.85 Mar
*
4% % preferred -■-A---Ar'■ ,"a.'. ,: a.
Wiltsey-Coghlan Mines
Winnipeg Electric common
48C
Jan
16% May
:^AVAA';A A A-;. A;Af; '.A;- AA-A'
Jan
36% May
110
7% May
May
100
-
88c
Feb
a
Jun
9.15 May
Jan
18% July
Jan
22c
Apr
Jun
34c
July
Apr
10c
Apr
1.50 Feb
Jan
Aug
48c
July
70c
2.10
Mar
27
Feb
Jan
2.09 Mar
July
80c
Jun
4.50 May
2.25
Jan
3.50 Aug
Jan
3.05 Aug
4.15 May
3.25 Jan
2c
9c
Jan
Apr
10
Feb
12% Aug
12
Jan
16%
Feb
17(4
*
Apr
22
Jun
8c
Jan
77c
Jun
8(4 Mar
—*
22
8%
■.■■■■
.
■
"J;m
Mar
Jan
■
15 %c
Apr
1.25 Aug
13(4
29
Jun
July
Brown Co
,
Canada
Dominion
Glass
Donnacona
'
Apr
19c
Jun
Langley's
59%
Jan
July
4.15 July
Jan
75
Apr
22% Mar
11
-
&
Selections
Osisko Lake
Pend
—————.*
common
Ontario Paper—i—
—
—
Sup'test
—*
5
—————*
——.1
—
1
Invest
Petroleum
ordinary
.
—*
:
Oreille
Southmount
jntena to^ publish them
next Monday S issue.
t—*m
Gas——————*
——-—
Ltd
Minnesota
Oil
common——--
*
•
•
,
Apr
Aug
160
45l/4
19 V4
•
-
5
-—-—
Paper
Oil &
Jun
Jun
May
130
11
46 V2
2.25 July
1
.100'
-Rffgf
Hayes Steel
15%
High
Jan
Jan
15% July
4% May
2
Jan
i.85July
8
56 V2
'
150
HVi
1.28
15%
1.00
.11%
3%c
24c
1.30
21c
July
10% Jun
Jan
gc J™
.
Jun
2.25 May
50 Vt Mar
-
Foothills
May
.1
■■
Feb
39c
-
—
-
-
*We regret that We were
Canadian Marconi—-——r—II
V-+
•
in
Canadian Western Lumber—
2*orce"
^
® press
Canadian Westinghouse
• without
the figures for
consolidated
Paper—'the current week.
We
Jun
35Vac Mar
Low
34
.100
——
——
Vinegars
12
1.85 May
8c
Apr
Range Since January I
High
Low
& Paper com—*
—————^
Gold
107%
-67% Mar
for Week
Shares
Range
of Prices
8%
common
Preferred
Bulolo
May
105
•
'
Beath Ltd class A^
British Columbia Pulp
Preferred
8c
'
•
....
Par
July
2.17
.
Last'-'
Sale Price
Sales
Week's
Friday.
STOCKS—
Jun
29
3.85 Jan
>
Uanadtan Funds
Aug
89c
,
'
Jun
52c
-
Torotiio Slock Exchange-Curb Seciioii
17
Jan
12% Jan
pfd A
Jun
Jun
Jan
A;- :-vA
Apr
July
5,65 May
Jan
Jun
May
3.45 Julv
36c
Ma!articA^_ii._A-Aju..AA—aAa.-I'aA-AA^A-aIa-AaAA '-aa-AAA';;:A;AaAaa;;;v:
Grocers
4.05
Jun
Jun
20
Jan
4
'A
..
-^
Jan
Jan
1.40 Jun
'A'v'A'A^^?- -A^
.
15c
Jan
100
issue.
-•
Wasa Lake Gold Mines—
37c.
Jan
3(4
Walker-Gooderham & Worts com
A-' Preferred AlA-aA-iAAAAAA^aaaa-A..^
West'
S
July
July
Aug
3.35
Jan
Feb
40
Mines, Ltd...——.*
Jun
May
Monday
1
Apr
*
811.
Waite-Amulet
8
Apr
27%
1—•
—
1.35
23% July
80
24V2C Jan
publish them
to
next
Ltd.-AA—AA-AA--aaiaa;,, A '-- a* ■aaiaa.:v;aaaa;:aa/'?aa a:a^'a^'-aa'aa'a^
Oils :■—.AAaAAA-^;..; ;t
:a/aaA A-:;:^:AaAAA;AAaAAA
Mines
15%
Gold———1
page
Vicour
Jan
40c
77
Mar
100
i
Western Steel; Products
Westons- Ltd common
16c
Jan
2236c Jan
—.—
Oils ;,._A—_—_A—
Step.)
A
AA
United
Western
Jun
Apr
3.50
fL'rA.A: a^a^'a^-A'A-'A' A-A- 5v^a--A"A"'' AA':'A;A
.
Upper Canada Mines Ltd
Jun
1.57 Aug
16% July
May
28%
.——50
Jun
Jan
May
51c
•
59c
Jan
25
'
,
•
—*
'
class A
29 V2
Mar
1.84 Feb
10% Aug
5% Jun
1.50
;
.
.-.
Apr
1
see
60c
Jan
55c
1.35 Mar
Mines...—
For footnotes
Jan
A'Ac Jan
Lake
13c
Jan
Mines———.1
Mines
McMarmac
3c
Mines.——.—5
Lake
18c
1.23 Jan
.1
—*
——————100
Red
United
Vermilata
26% Mar
.-20
Porcupine
McKenzie
.-
{■ Ventures.:
Jan
a:
_
Jun
Jan
2.50
BAAAA-^Aii.-AAAiiA-AA-A.A^A25::A:iA"Q;^:-A\A;;';.'A
Class
3.55 Aug
Feb
a
United Fuel class "A"
Jun
39c
9%cMay
16
Apr
Feb
2.40
5
_*in
Feb
Jan
4%c Jan
•
A' :'ClasS:'D;;;AAAA^—AAAA^-A^-^AAAiAAAA^AA;;?Aft^;A:'AA;:
24% Mar
Jun
44c
—-1
Prpferrpd
Corp
Jan
3c
1
—
Preferred
%. Aug
United
39(4
1.15
•
McColl Frontenac Oil——.—
'■
113
Apr
Union Mining
Jan
15% July
—•
-—
Massey-narris
Apr
15%
.1
—.—10
pfd—
Maralgo Mines
Marcus Gold
Jun
9c
1
—.—
—
103
30
106% July
106
Feb
,
—i
Manitoba & Eastern Mines
Maple Leaf Milling Co
Apr
25c
*
—1
Fields..
Maple Leaf Garden
Feb
103 J/2
Apr
6.25
*"
——
Yellowknife GoldMines, Ltd.—,
Red
1.40
Union Gas Co_——
Jun
6.15
,
•
Macassa
Madsen
Jan
July
64c
,
•
.•
A
MacLeod-Cockshutt Gold Mines—
Maiartic
13(4 July
*
——,
Goldfields
16%
Jan
17 %
—
Lingman Lake Gold Mines
Little LoDg Lac Gold Mines Ltd—
Loblaw
22
Jan
31c
——
'
T r/4
Transcontinental Resources
July
May
90c
72
;
;v>'
A'.'
«1SrA1pli-:-AA---i56intend
Feb
12c
Leitch Gold Mines. Ltd
Lexinden
Jun
101
7
,
• forced ; to
go
to press
•without the figures for
loothe
current- week.
We
—
Jun
Jun
20c
---A,;?
Thompson-Lund Mark Gold Mines
Toronto Elevators common.——.
Toronto Mortgage
Jun
1.05 Mar
1
.
48c
35 %
14c
'
3
-
-
34 'A
2.35
—
Candy;
Mlneai—
Feb
Apr
15%
Jan
10%
Apr
22
•
a.-, ■;,:
•
—
*
Mines
Oro
1.09
Jan
1.00
Lamaque Gold Mines————*
Lang & Sons—— 1—
——*
Lapa Cadillac
,—1
Lapaska Mines—————._1
Lebel
Cons
5% July
13
Mar
7
*
a* -;aa-:,;
a' ^saaa
'
Mar
10%
67
'
•
a
Jun
82c
July
Apr
3%
.
•
,_25
Apr
1.43 July
Apr
1.25
v
-A;-\'-'''"''":"-;a'
-
.
Sylvanite Gold Mines——-A—|
43c
Apr
17%c May
Apr
50c
—I
...
27V2c Apr
34c5'Jafl
35c
We
Ltd....———I
—
Jan
Mar
2&J
for
——*
—
Sullivan
^
A-:
'•
—
common.
20
14
'•
^
13% May
4.30 Mar
10c
press
figures
—....——1
Mines.
20
Jan
15
,
—
90c
Mining & Exploration.—1
Shore
Apr
July
65c
Jan
Jan
24% c Aug
were
.1
(John)
May
July
1.45
Feb
99% Aug
5
Sturgeon River Gold—1
Sudbury Contact
*,
1
21%
regret that we
to
forced
to
go
-
Steep Rock Iron Mines.
Apr
14
Jan
58c
....—*
—
Canada
Mar
50c
•
Preferred
1.77 Aug
87c
of
31%
Lake Fortune Gold Mines...—...—
Lake
; :
Co
18c
4
«
;
■
Standard Radio
Jan
May
10% Jan
•
—
Jan
5.00 Aug
9
„;
common
Jun
Jan
9
.
;
....
Chemical
65c
Mar
Apr
111
...—...1
Lake
Sturgeon
Paving
65%
3c
Steel
22 V2
; i
—1
Kirkland Hudson
Jun
-
„*
Jun
29%
63c
l
...
May
4
Jan
Aug
16%
——j—1
■
Jun
22% Mar
35
Feb
12% May
,
—100
new
Mines—.
18%
Jan
May
31c
issue.
-*
^
Apr
5yac
We
Petroleum
Preferred
Jun
8(4
12 V4
irxrwrummM-fJ'
———----intend
Lake Dufault Mines Ltd,.
9
7lc
v
new
1.00 Aug
15c
Apr
13%
*
s
Townsite
Standard
18%■ Feb
ithe
Kirkland
Standard
Apr
19 V2
KeMnato^ con—i:next
Labrador
t
4 'it
1
Mines
Kirkland
Springer
Apr
15c
30
-——jwlthout
Quebec
!
.—*We
_•
~—
.
!
i
;
_•
Mining
Mines—
I
—100
Petroleum—,
Uranium
Gold
r
sti
100
—
pfd
International Nickel Co common.,—.
International
12 Va July
.
'
Feb
10% May
65c
4.05
•
Mines-
End
-
*
....
—<
Southam .Co
.
'
—100
preferred
South
Apr
24c
3V2C Jan
.*
A
Mar
Apr
Apr
'
4un
1.39
•61
50e
Mines--—A—I
common
Maiartic
Jan
3.05
>
,
Imperial Tobacco of Canada ordinaxy_5
Inspiration Mill & Devel—
I
international Milling 4 %
22c
Gold
Jan
25c
'
<
•
Preferred
Sladen
18
—10
—
Slscoe
Jun
10 y8
*
*
B„_——
Mar
54c
Jan.
20c
1
common
6
30'A
43(4c Jan
1
International Metals
16 %C Apr
Apr
5V2C Jan
.1
Mines.
class
Mar
20c
/
—
new
preferred
Simpsons class B
4V2% preferred
Jan
1.06
Monday's
Jun
1.15 Mar
Jan
.18% May
Ah.
in
next
*111
common
New
July
—
Gas—..
Silknit Ltd
Jun
57
54V2C Jan
-
Imperial Bank of Canada
Imperial Oil
10c
105
6V4 Feb
,
*
&
Jan
Gold
Silverwoods
1.36 May
Jan
Apr
68c
*
1
——
Hudson Bay Mining & Smelting
Labatt
Fherritt-Gordon
6(4
'*
1
...
Hosco Gold Mines—....
»
Apr
,
„.l
....
joiiet
22c
5c
—1
Yellowknife
jeiiicoe
Jan
week.
Jan
46
July
2%
were
press
figures for
Apr
Jun
8%
Mar
15
Plen<1 /°„PU{)llsh them
j
—
3c
Hollinger Consolidated Gold Mines—*-8
Qil—
—
Jacknife
Jun
8%
.1
-
Mines
Dauch
International
44c
11c
* '
Home
."A"
July
Scythes Ltd new common—
Senator Rouyn, Ltd
Shawinigan
Sheep Creek Gold-——
..A
22]Ac Jan
*
1
Heva Cadillac
Hunts Ltd
Apr
4(4 Apr
26% May
?'
;
,——•
Mines
Heath Gold Mines
Howey Gold
Mar
4V2C Jan
1
,
s»—
Hasaga Mines —:———...
Homestead
May
14 c
87c
53% Mar
-—....—*
1
Mines
Rock Gold
Homer
50c
Jun
40c
19
Without the
Mining—;——i the
current
Jan
Jun
3C
—1
Mines Ltd*
Harker Gold Mines.
'
Sand River Gold
90
1
-
Hamilton Bridge
Harding Carpets
&
May
<
*
Halcrow Swayze Mines..
Hinde
35c
Feb
28%
■
^
San Antonio Gold Mines Ltd——j
83C
'>
■
*
Wihksne
Harricana
Mar
9C
1
.
Gypsum Lime & Alabastine
Hard
85c
4c
'■
K
St
65c
5o
Preferred
Halliwell
Jan
26 (4 c
;
common—*
Paper common
Gunnar Gold
Apr
15
36J/ac Jan
sVff«reAnc«MCorp c°mmon-—We regret that we
Lawrence Paper pfd—A™—100
^
to
•
Mar
24c
21V4C Jan
%
1
..a—
.
Grull
'
1
...
Co
.
;
Jan
28c
27c
1
Mining—.—......
Lakes
11%
Jan
9c
Apr
18c
a
•
—
26c
Mining
•
——10
—
-
1.98
3.45 May
80c
Russell Industries common——-*^.10
—
Jun
29
Jan
Jan
45c
l
Royal Bank
Royalite Oil
Apr
July
41
Rouyn Merger Gold Mines——1
July
19% Aug
Aug
1.40
6y« May
'
1
106
Mar
15c
■
——i
Feb
G7%c
11%
—
July
Jun
18c
Aug
1.15
<
—
.....
1.20
July
July
2.45
'
■
—1
105
6.50 Mar
1
Goodyear Tire & Rubber
Preferred
Graham Bousquet
Great
Jun
Mines
3%c Jan
...—...——
Golden Manitou Mines—
Goodfish
Mar
>
.1,
•
——
Arrow
Golden
May
15
102
101%-Jun
_i.—1
—-
Eagle Mines
Golden
Dome
9% Mar
26 Vi Aug
Mining Co....1
East
13% July
Apr
-
1
.....
Gold
Preston
Apr
Aug
50®
A--.
—1
Premier
Apr
68c
110
9c
-
Queenston Gold Mines
Quemont Mining
May
Jan
60c
>
Refining-.-..—:
Pacific Petroleum
39c
Jan
Apr
44c
1
—
Quebec Gold
102
<
•
Goldale Mine
Mines
Feb
eVi Aug
3.yu
Jan
Feb
10 y4
Jan
6
*
common
7%
Jan
50
Feb
97
Apr
1.63 Mar
Jan
9.25
Jun 1
Apr
26c
22c
77c
Jan
July
Apr
89c
Jan
34c
Jun
4.95
20c
Feb
107
30
52c
Jau
5'/4
•
Feb
Jun
May
Apr
5
Apr
78
20c
2.2b Mar
24%
1
.
A A
15c
Apr
5Vi
Jan
1.08 July
Proprietary Mines
Purdy Mica Mines
1
'
...
Purity Flour Mills common
■■■Preferred. ;Ai.—:r''A A-;AAA;; aaaA:A;:::A-; ;;a"-;A vAAA
Jun
65
1
Gold
■'AAA*;:;
■
5V4C Jan
I Gillies Lake-Porcupine Gold———1
Glenora
Apr
Jan
39'A
i
vFacalta oilsA' A':^ AA:;, A:A,:;A:..;v A-Pacific Oil &
Jun
1.65
July
.1
—
Gold
59 Va
6%c
-v-■■■
a
.....
Loan
Orenada
,A
*
Mines.
Orange Crush
Aug
9
Gold
■
5
Gold Mines—
Ontario
6.25 May
July
3
—..100
Preferred
2.23
*
*
common
Omega
13% Aug
Feb
12j/2C
•
;
O'Leary Maiartic Mines
Apr
Jan
Mines
:
3.00 Mar
Jan
Aug
64c
A'A:-..«
*AA •:'
common
May
7c
v
,
«
—
Canada
Star
O'Brien
Jun
1.20
4(4 July
....100
—100
—
.—
Wares
39 Vi
4.30 Jan
—*
—
5 Mi %
General
25
Jan
Apr
16c
•
L..
Apr
35 V2
*
,
Exploration
Apr
Mar
Mines
Preferred
3.05 May
6.75 May
Jan
53c
•
class A
Gold
Frobisher
44c
21c
38c
Mining...————1
of Canada
Francoeur
July
July
2.26
100
Kirkland
North
Apr
July
10c
Fanny Farmer Candy Shops
1
Federal Grain common..
...——*
Northern
Jun
2.40
Ltd
64c
80c
■
—I
Corp
Apr
Jun
13(4
:.
1
—
Mining
Northland
2.50 Mar
Jan
40c
«
Preferred
11
Jan
Oil
Normetal
75c
50
*
•
■
,
•
Norgold Mines Ltd
18% July
Jan
•
,—*
Mines—..—...
Nickel
Jun
22c
———1
Mines.—
Faiconbridge
Nordon
Jun
V
»•
-
—I
;
Feb
Aug
2.35
5
...
—
Norbenite Maiartic Mines—.
Aug
12
7*4 Jan
.—1-^^i^
English Electric
41 y2
:
1
.....
Noranaa Mine's
Jun
May
19 V8
Apr
is»s»ue.
—————.25
Investments
Gold
Elder
18
Yellowknife
High
1.85
Jan
37c
29c
■
—
Nipissing Mines
Noorduyn Aviation
102
Jan
—
Nib
Low
1.26
1
Bidlamaque
Range Since January 1
High
—e
—
Mines
Jun
.
8V2 July
Jan
L
July
23 y2
29
Mar
issue
ivionaay s
——*
Eastern Steel
Economic
Feb
Apr
7Va July
14% Feb
7
'—1
——
,
14
—...—-1
Mines
New
98c
——*
Oil
Jun
35 y4
Amphi Gold Mines.—
East
29
We
1
Co
Mining
Negus
100
Mines —..—.————1
Donalda
,
were
press
Mondavi
f
common———•*"
,
the figures Jor
to
common—*
Chemical
Dominion Woollens
we
to
go
current
--'intend
&
Tar
regret that
preferred——50without
Inv
National Steel Car
Mar
Jun
18
---^forced to
class b-
Dominion steel
13c
Low
Week;
Shares
of Prices
Par
65
25
—*We
Magnesium
Malting common-
Sale Price
High
25 V4 July
Dominion Foundries & Steel com——*
Dominion
STOCKS—
Feb
42%
*
—10
————
Low
3V2C Feb
—*
common.
Ltd——
Mines
Dome
Mines—
Nickel
AUGUST
Sales
Last
Sale Price
STOCKS-
LISTED MARKETS
RANGE.FOR WEEK. ENDING
-
Monday, August 20, 1945
40c
Jan
37% Jun
Aug
150
Aug
Jan
Feb
19
Aug
July*
1.00 Aug
14% Julv
Feb
Feb
Jan
Apr
7 Ms Jan
Aug
11V2 Aug
1.59
Feb
Aug
9%c Feb
1.20 May
2.40 Jun
30c
19
Apr
Apr
Volume 162
Number 4413
THE COMMERCIAL & FINANCIAL CHRONICLIl
OVER-THE-COUNTER MARKETS
Quotations
for
Friday
August
17
For Quotations on Real Estate Bonds
Specialists
OVER-THE-COUNTER
:-
\,h
'
*
'
\
.1
\
.
*
»!«■'•'
t'
r'i /'
'
1111 Shaskan
SECURITIES
*u
^
•
"
*
S'-.k* *'*'
*
»"'.v
■
„i
l,
Firm Trading Markets
■';~
,
..
in
-
.
■
250 ACTIVE
Established
1928
Co.
&
Members
Direct Wires
-
■
■
York
New
to BOSTON
•
AAmerex
Holding
29.74
1st 4s
1994
104%
31.99
Gen
income
4%s A
2019
97%
20.81
Gen
income
4%s B
2019
81
83
B-4_
11.60
12.73
shares—
K-l—./
19.68
21.60
ist 4S—
26.97
29.67
Conv
27.07
29.70
14.58
16.04
Series
Nat
——
12.98
20.17
21.69
Loomis
36.95
Loomis
——1
18.35
20.11
Ltd—3.60
4.20
Mass
Investors
Trust
33.37
Mass
Investors
2d
—*
Century Shares Trust
——-1
10.65
11-52
com—100 2,710
2,810
Preferred
—.—^.——100
143
148
Commonwealth Invest
-1
5.75
<
6.25
Mutual
Securities
Trust-
1
Delaware Fund-—————1
Invest
(Colo)
9.74
25.20
Fund
12.70
13.50
B
shares
St
21.48
senles—
6.50
7.40
Income
1.45
1.59
Industrial
Mutual
Trust
——•
Fund
Inc.
8
16.47
2r07
25.12
-
9.39
10.15
7.29
Aetna
American
Alliance
American
Automobile
American
4.27
4.81
8.62
9.53
5.67
6.30
14.66
14.81
-
5.32
—
England Fund.
1
Automobile
39.64
Bank
shares-————-
Avlattpn shares————
Building shares
7.75
8.52
8.89
9.77
Automobile
6.09
6.70
Electrical Equipment——i.
Food shares———
—
11.84
5.73
6.31
shares-
7.86
8.64
9.05
9.94
shares
Administered
Fully
bond shares
General
Industrial Machinery shares-
——————
Price Shares
8.02
——
—
*
Trust
7.92
8.65
9.51
7.99
5.81
6.72
Republic Invest Fund
3.92
4.32
Scudder, Stevens & Clark
Fund, Inc—•
—
shares
Utility
5.58
Petroleum
Putnam
&
Trading
(Geo)
15
20
1
15.61
16.78
1
Fund
"3.68
4.04
102.17
104.23
2%
11.80
12.87
1
6.64
6.30
Selected Amer Shares
5.08
5.54
Sovereign Investors
5.01
5.52
Standard
5.87
6hares
City of
60%
Monarch
6.46
State Street Investment Corp—
—_
Utilities
._10c /
63c
70c
51.25
54.25
Fire
Fire
18%
20%
National
68
76%
53c
65c
Trusteed
Union
Income
Foundation Fund Ino
Bond
Fundi
Series
lOo
1.61
1.76
—8
•
26.74
28.75
2.58
2.89
Aviation Group shares
13.70
57%
172
182
2
28
30
10
29%
32
New Hampshire Fire
10
45
48
York
97c
C—
A
86c
97c
25.05
25.83
21.69
B—
Series
series
25c
Common
Incorporated investors
Independence Trust Shares
U S El
Institutional
Ltd—
Securities
———...
J.
65%
67%
237/B
5
Northern
137/a
22%
51/8
86%
Northeastern
511/4
12%
12.50
21%
5
2.50
19%
54%
River
29%
31%
Pacific
Flre__.L_.
Indemnity Co
32%
IZI10
35%
Phoenix
62
Lt & Pwr Shares A
—28
Insurance Group shares
l
1.16
49%
20
154%
8
12%
13%
34%
36%
Reinsurance Corp (NY)
Republic
(Texas)—,
Revere (Paul) Fire
•_
2
5%
10
28%
31
.—.10
22%
24%
51%
163
57%
60%
Fireman's Fd of San Fran- —10
Firemen's of Newark..6
Franklin Fire
0
91%
95%
13
14
21%
22
46%
...-B-
49%
8%
15
26%
15
88
29%
31%
28%
100%
105%
35%
25
116%
10
,
28.92
31.43
ABlalr
Fire
Travelers
1
14.78
15.11
AFlrst
Boston
U S
1
10
5
5%
44%
45%
Tel
Pow
Bethlehem
Tel
&
&
Steel
2%s_
Continental
Houston
Kansas
Obligations Of Governmental Agencies
1,
1956-1946
101 1/64
101 5/64
May 1, 1956-1946—— 101 61/64 102 3/64
1%S Oct 1, 1950-1948100%
100%
2%s Feb. 1, 1955-1953———.
103 %
103%
Ask
Bid
101%
Laclede
.1965
102 %
103 %
106
Mountain States Power 3s
1975
10114
102
1974
106%
107%;
1975
100%
100%
1975
98%
99%
1965
101
Narragansett
Elec
103%
Portland Gen
Elec 314s
101
101%
Reading Co 314s
Skelly Oil 2%s
101%
101%
108
109
South
1975
101%
102%
100%
-1974
100%
101
101%
10314
104
U S Conversion 3s
1948
101.3
1947
103.25
Int. Rate
tDec
1946...
15,
%%
1
132%
15,
1947.
.
tSepfc.
15,
1947.
tSept.
15.
1948.
%
Bid
99.31
Ask
100
100.2
100.3
100.20
100.21
more
32ds of
Maturity—
Certificates
99%
100 %
105'/a
Texas &
100%.
Texas
Oklahoma
&
Gulf
Ry—
99%
United Stales
Rates
August
a
point
Indebtedness—'
100.11
100.12
100.26
100.27
t0.90s
i%%
1V4%
100.11
100.12
1V2%
100.31
101
Power
Ry 37/8s
2%s
1985
97%
98%
1975
101%
101%
Light 2%s_1975
&
quoted are
10014
100%.-
Treasury Bills
tor discount
Jan.
t7/sS Feb.
1,
Bid
.0249
.0368
Bid
1,
July 1. 1946—
$%S Aug 1, 1946
.0443
.0389
.0445
.0250
.0296
11,
1945
0.28 &
b0.375
0.32%
October
b0.375
0.32%
October
b0.375
0.32%
November 1,
b0.375
0.33%
November
b0.375
1945
.0341
.0404
a
Stock
dividend,
0.33%
November 15,
.0595
share
.0508
.0666
and
.0516
.0690
.0523
lot
sales.
b.Yield price,
Exchange,
x
r
c
Result
B. Jarvis Co.
Canadian
Ex-dividend,
y
of
the
d Deferred
market,
Ex-rights,
s
z
Cash
18,
1945
0.33%
b0.375
0.34%
b0.375 0.35%
1945
25
Ask
b0.375
1945
b0.375
0.35%
b0.375
8, "1945
0.35%
b0.375
1945—
0.35%
b0.375 0.35%
1945
of
four
•No
old
common
shares
par
stock "reclassified
Ex-due
of new
value,
furnished by sponsor
$5
par
common
tin default.
or
Issuer.
into
effective Jan.
merger,
delivery,
e
sale—not
included
Ex-interest,
1. 1945. of Doeh^r Die
f Flat price,
k Removed
for yean t Ex-stock
in
range
approved
June
bills.
gFormerly Coleman Lamp & Stove Co.; change
.0464
.0454
.0332
Odd
Casting Co. with the W.
to
-.0339
,
4,
October
b0.375
Ask
.0370
1946
t%S March 1, 1946
t%s April 1, 1946—,
1.09%
1945
30,
purchase
.0293
.0306
1946
t7/aS May 1, 1946
$%S June 1. 1946
23,
at
Ask
October
6, 1945—.
September 13, 1945
September 20, 1945
September 27, 1945
Dollar Price 100 Plus
of
V/4%
—
Pacific
Texas Elec Service
-1980
—
September
t%S
—lVa%
:
3s_
104%
133%
Sept. 1, 1945
t%8 Oct. 1, 1945
t%s Dec. 1, 1945
tMar 15 1947—.
tSept.
Pow
.1953
103.29
1961
3s
Panama Canal 3s
Figures after decimal point represent one or
.
.
Pow 27/rS— -1974
—
101.6
U S Conversion
Quotations For U. S. Treasury Rotes
1946-
Carolina
3s
South'n Bell Tel & Tel 2%s_1985
Sou'western Pub Serv 3!4s_1974
3%s
August
15, 1945_„
3 V2S
Lt
103 %
Bid
Maturity—
Gas
100%
-1974
Baking 3s— -1965
Lt &
Auk
100%
Treasury bills-
tMar 15,
34%
Other Issues
3s
tDec.
32%
Bid
Federal Land Bank Bonds—
Jan.
79%
_2.50
105%
Birmingham Electric 3s
Erie RR 2s
3s
51%
76%
1980
Conn Light & Power 3s„
Page 795
Ask
44
49
3%s -1974
2%s.
-1975
Lt
.1975
Bid
4
10
Westchester Fire
Cent Vermont Pub Serv
FOR NEW YORK CITY BANKS & TRUST COS.— See
41
Fidelity & Guaranty Co__2
U S Guarantee
563
Recent Bond Issues
20.33
Bid
Corp
38%
548
__
18.63
American
& Co
Investors Fund O
...
Arkansas
15.33
America—10
361/4
122
92
.—.8
52%
32%
Standard Accident
28%
Great American....
Hartford
73%
47%
10
9%
com
26%
Rutgers Fire
2nd preferred
70%
10
Security New Haven
Springfield Fire & Marine
...
&
12 %
Seaboard Surety
General Reinsurance Corp.
9
Gibraltar Fire & Marine
—10
Glens Falls Fire...
-..5
Globe & Republic
58
19%
St Paul Fire & Marine
23%
54%
...
6%
•
9.17
Corporations
13.99
of
Co
63;/
86%
Preferred Accident
10
of
one-fifth
name
share of
new
12,
1945
and each
4%%, $50 par preferred stock
stock.
IThese bonds
are
*
58%
82%
24.98
Investment Banking
Stock and Bond Group sharesInvestment
105
10
10
Providence-Washington ———10
...
1.07
1.05
98%
6
90%
9.98
8.38
22.86
19.85
Wellington Fund
6%
23.72
9.13
Unicn Common Stock Fund B__.
Union Preferred Stock Fund
5%
2
Fire
North
5-.
■
341/4
20
22%
...10
6
31%
54%
New Brunswick
680
Federal
Hanover
15.02
Bank Group shares
v
Industry Shares..
4%
4
.10
.
U S Fire
1
ABuron Holding Corp
54%
5%
(Detroit)—10
Pacific
Globe
85%
4
N Y
—
Casualty
20%
10
...
11%
51 I/B
National Liberty
National Union Fire
New Amsterdam Casualty
80%
655
10%
82
6
1
12%
National Fire
10
New York
Employees Group
Employers Reinsurance
7.27
,
5.72
shares
Tobacco
5.07
57%
Fire Assn of Phila___
3.18
2.95
8.65
stock
Merch & Mfrs
Fidelity & Deposit of*Md_
1
1
.
6.11
Railroad
13%
18
7.93
11.44
shares-
Series 1955
7.38,
Steel shares-———...
12%
16%
8
11.52
10.48
7.26
-
5.28
tiR Equipment shares
Merchant Fire Assur
New
Crum & Forster Inc..
7.20
——
7.87
railroad Bond shares
Maryland Casualty
Massacnusetts Bonding
17%
..100
10.61
7.21
—
North Amer
Boston
Camden Fire
11.19
10.41
-
Series 1956——
.
T
9.65
—————ii*——'
-
Merchandise shares
shares-:
-
10.18
...
Mining shares...—
Petroleum
12%
16%
;•/
66
Connecticut General Life
Continental Casualty
8.11
Low
321/2
11%
_
221/4
30
11.75
14.81
Railroad equipment
.
20%
5
29
13.48
Speculative..
Fire
4
..
Surety..
Automobile
b
8
,
....
-
Bankers & Shippers
12.90
Railroad
8.83
40
6%
11.74
Steel
10.93
8.03
93%
361/s
40%
9.79
Oils
.8.82
10.42
Institutional bond shares
Investing
91
10.01
'. Metals
■
15
10
20
5%
9.10
Machinery
13.50
Chemical
10
Insur Co of North America
371/2
8.90
Electrical equipment
Insurance stock
<
Homestead
79
10
Diversified
7.97
47%
75%
-.2%
Diversified Investment Fund8.67
45%
Baltimore American
10.69
* 4«k
45»/4
27%
8.45
stock...
,
:
25%
13.42
13.18-
Rid
42%
Home
7.68
12.00
■
Group Securities—
Par
Hartford Steamboller Inspect.-lO
53%
12.22
——————
————————
Building supply
6.02
Ask
83
51%
American Fidelity & Casualty.B •
American of Newark
—2%
American Re-Insurance
American Reserve
10
American
Agriculture
6.41
Bit*
10
.
Casualty
American Equitable—
New York Stocks Inc—
Chemical
;
"
61 v;
Jersey Insurance of N Y
7.98
30.38
7.25
28
10
5.89
5.60
7,89
49
28
i-
8.23
New
7.24
shares-.———
19%
corn-
79
Life
7.48
Aviation
Agricultural
83%
8.02
7.16
27.63
General Capital Corp———•
General Investors Trust
—.1
Seaboard Ry common
Preferred
10
series
stock
A_.2
Fundamental Trust shares
St Louis & San Francisco
100
81%
...
Agricultural:
—
series.—.——
IncT—2
Fundamental Investors
103
Insurance Companies
2.27
-
2757
Preferred
'Aetna
1
...
6.49.
72
100
98
Aetna Casual & Surety
Low priced stock commonPreferred stock scries
26.21
23.33
35 Va
com
101
Far
15.69
14.61
Low priced bond series
Industrial Fund,
Financial
1993
...
Stock series
First
5% preferred
Denver & Rio,. Grande
Preferred
Louis & San Francisco—
50-year 4s__
Income 75-year 4%s..
National Security Series—
2.60
Fidelity Fund Inc——
75%
1st
4.48
•
—
19.87
15.40
95
14.62
National Investors Corp
24.52
93
73%
•
13.66
10
Inc
54
Eaton & Howard-
-1
Stock Fund—————1
61%
Common
27.10
1
52
Bond
Balanced .Fund—-—...
22
10.71
1
Fund
shares
Dividend Shares——.-,——250
-
107
Securities—
series
Balanced
Diversified Trustee Shares-—;
D
Common
48.00
10c
Nation-Wide
—
Consol Investment
Chicago Milw St Paul & Pacific
Manhattan Bond Fund Inc—
Fund
Chemical
Christiana
;
31.04
112.20
47.04
Sayles Mutual Fund—*
Sayles Second Fund—10
Common
Inv Fund
Canadian
109.96
Fund
34.18
-
7.76
105
2019
....
1st 3-4s income
.74
—
Preferred
2018
4%s
v.
Chicago Rock Island & Pacific—
1994
income
106%
& Pacific¬
Denver & Rio GrandeIncome 4%s
6.54
7.02
Chicago Rock Island
14.28
5.89
S-4
Knickerbocker
5
t
Inc
Ltd-.;—
Fund
109.19
8
Incj.
Broad Street Invest Co
Bullock
S-2
Series
Fund
Boston
———
Series' S-3—
104.82
America
of
Tr
28.41
—
Series S-l
ACommon
Stocks
99%
18.95
K-2
Oil
Houghton
Inv
s^v
29.20
B-l-
101%
99%
72
72
Pacific
B-3
Axe-Houghton Fund
Bankers
70
2003
Paul &
Ask
Bid
97
Series
InvestinsLlOc
Assoc'ted Standard
Bond
•;
St
95
Seaboard Ry 1st 4s
Income 4%s
Scries
1
Axe
4%s
Chicago Milw
if issued)
and
as
v.;Ask
Series
10
Foreign
v;./:'/:;/;;■*_Bid
Indianapolis & Louisville—
1st 4s
;
1983
Seriqs. B-2_—;
Series
Corp.^
American
(When,
-
,
Chic
Keystone Gustr^ian Funds-
Affiliated Fund Inc
1-953
NY
Reorganization Rails
PHILADELPHIA
—
2nd
American Business Shares
Teletype
Security Dealers Association
Investing Companies
9.16
Bell
1-1288
1-2173 &
*.
Aeronautical Securities
Exchange Place, New York 5, N. Y.
DIgby 4-4950
2-8700
REctor
Tele. NY
Tel:
Bonds—
'
Members Neiv York Stock
Exchange
Members New York Curb
Exchange
40
Phone:
HARTFORD
—
'
ISSUES
120 Broadway# New York
Waiiii
Ill
Co.
&
'Vf:,V
subject to all Federal taxes.
A Quotations not
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 20, 1945
Week
CLEARINGS
THE COURSE OF BANK
clearings this week
Bank
will show a decrease compared
1945
$
with a year ago.
for all cities
the corresponding week last year. Our preliminary
total stands at $7,413,826,329, against $9,025,246,729 for the same week in 1944.
At this center there is a loss for the week ended Friday of 25.2%.
Our comparative
Pennsylvania—Altoona
Bethlehenu:
Wilkes-Barre.
York.————......
;
■
:
r
,
.i..
11
1942
1943
Dec. %
488,761
2.2
+ 34.4
1,344,999
1,008,713
1,619,755
627,000,000
1,287,697
2,647,809
1,504,666
2,084,859
7,453,700
1,465,434
560,000,000
1,247,666
2,319,000
1,239,184
2,023,067
3,029,400
646,440,959
573,702,886
3,552,434
3,701,886
103,699,604
184,968,460
14,204,300
2,261,827
3,313,525
0.1
1,519,755
581,000,000
+
15.7
1,525,637
+
8.3
2,782,464
+
13.4
2,159,105
: 1,628,157
435,845
1,414,938
+ 35.1
—
+
1,761,681
*
528,352
1
3.1
+
—18.4
5.6
1,541,604
5,883,500
+
7,904,800
619.911,525
599,243,765
+
3.4
;
——
New Jersey—Trenton.—
for the week follows:
.
659,470
1,246,749
925,481
——890,895
1,232,371
Chester..v-4—+—026,618
Lancaster...
1,758,610
Philadelphia———.
;*«.+
—599,000,000
Reading..;.—.—t............
1,653,079
Scranton...^
——3,155,314
Will be 17.9% below those for
summary
Aug.
Inc. or
Third Federal Reserve District—Philadelphia—
based upon telegraphic! advices from, the chief
country, indicate that for the week ended Saturday, Aug. 18, clearings
of the United States from which it is possible to obtain weekly clearings
Preliminary figures compiled by us,
cities of the
$
Ended
1944
•
Total
Clearings—Return* by Telegraph
New York——,
Chicago
$3,839,535,672
—25.2
326,755,754
406,584,472
—19.6
331,000,000
490,000,000
—32.4
176,961,029
265,527,077
—33.7
——
143,185,041
171,801,927
—11.1
————
—
Philadelphia——————
————-
Boston————
Kansas City—
——
St. Louis————
Pittsburgh
Cleveland—,———
—
———
96,403,281
!
Other cities, five days
Total all cities, five
All Cities, one
,
120,258,571
$4,580,668,468
$6,124,696,674
$7,541,466,989
1,482,765,266
1,483,779,740
$9,025,246,729
$7,413,826,329
;
204,937,567
17,020,400
15,073,400
+12.9
2,803,835
2,482,130
+ 12.9
14,033,100
1,989,671
4,094,230
2,968,921
+ 37.9
231,610,431
230,634,042
+
0.4
3,566,703
196.645,245
200,152,154
575,300,754
549,910,314
+
4.6
519,296,313
512,301,756
1,056,096
Pennsylvania—Pittsburgh
Total
(7 cities)
+
Fifth Federal Reserve District—Richmond-
West
Virginia—Huntington—
Virginia—Norfolk
5.9
—
,
South Carolina—Charleston
—21.4
—
Maryland—Baltimore
0.1
District
—17.9
of
Columbia—Washington.
Tptal (6 cities)—
2,015,410
+ 12.3
142,436,817
11.7
41,271,495
+13.5
260,599,044
235,781,998
6,078,000
1,889,302
.
278,503,069
...
23.6
133,315,905
37,990,268
1,289,265
64,741,651
42,445,759
.
863,419
6,172,000
64,576,517
2,137,121
125.257,159
36,775,782
245,304,391
1,428,563
5,649,000
76,957,658
2,336,933
149,685,156
,
Richmond-.—
$5,931,061,063
••———————
Total all cities for week..
94,571,593
5.9
Mansfield
—25.2
1,416,770,315
—-—
days—
day—
9.8
+
—21.1
1,350,392,595
i-
0.5
+
Columbus
•;
five days—;
—
—
—11.8
———~
Ten cities,
3,965,622
95,582,206
199,203,993
Youngstown.
—36.7
186,986,987
3,946,096.
104,957,024
210,868,738
...
Cincinnati
Cleveland——————...—
—18.0
209,367,968
Ohio—Canton.
—27.2
*165,000,000
———■.—
158,100,000.
276,534,000
132,595,437
——
——
Baltimore
129,600,000
201,180,000
—
San Francisco———
(.
Fourth Federal Reserve District—Cleveland-
$2,872,987,926
——
——.
(10 cities)-i—
%
1944
1945
Week Ending Aug. 18—
+ 10.8
7.1
6,556,000
+ 18.9
67,263,226
—
+
+
/"■Estimated.
m
foregoing will appear
furnish them today, in as much as the week
Sixth Federal Reserve District—Atlanta—•
Complete and exact details for the week covered by the
in
We cannot
issue of next week.
our
ends Saturday and the Saturday figures are not
available at time of going to press.
Accordingly, in the above the last day pf the week in all cases has to
In the elaborate detailed
we
week previous—the week
For that week there was an increase of 11.3%, the aggregate of
clearings for the whole country having amounted to
Tennessee—Knoxville
Nashville..
Augustas—..
Macon———
5.0
37.776,844
+ 11.2
130,200,000
2,254,177
..i..
—————
2,272,732
2,188,142
•+
—
6.0
2,316,373
1,700,000
+
9.7
40,709,216
+ 24.3
37,699,527
29,763,877
32,000.000
4,898,100
Mississippi—Vicksburg—i
4,561,389
269,848
Total
Philadelphia
The Cleveland Reserve District has to its credit a gain of
by 3.4%.
174,780
175,250
63,695,175
367,869,760
+10.9
347.415,258
268,839,796
584,923
5,071,858
+ 21.7
711,062
550,535
4,944,239
2,910,756
2,802,665
3,048,666
5.8
26,891,040
The Chicago Reserve District reports a decrease of 2.9% and the St. Louis
3,860,241
3,071,758
26,787,000
South - Bend-*—3,388,008
Terre Haute—
8,738,238
Minneapolis Reserve District registers
Wisconsin—Milwaukee.
3,684,651
8,954,552
33,216,377
1,908,177
1,871,571
16,643,240
7,645.232
13,854,427
627,622
435,193,389
520,297
456,476,940
1,651,975
6,024,137
Rockford—2,375,808
Springfield.
1,892,715
increase
an
——32,592,358
Iowa—Cedar Rapids
—.
Des Moines—...
Sioux City——..
————^
Illinois—Bloomington.-^
6.5%, in the Dallas Reserve District of 13.0% and in the San Francisco Reserve Dis¬
Week Ended Aug. 11—
a summary by
Federal Reserve Districts:
Total
.1945
.
cities
12
————
1944
.
$
Districts
Reserve
$
Inc.
1943
or
Dec. %
'4.1
-
4,645,058
2,812,230
6.8
27,335,000
8.0
3,484,427
2.4
7,321,817
8,282,442
1.9
32,848,330
2.0
1.774,235
+ 20.6
11,145,879
30,247,055
1,657,756
11,641,339
+
—
—
—
—
+
25.3
2,893,192
6,858,800
5,273,683
560,652
434,197
4.7
447,582,767
400,219,298
1,837,770
—10.1
1,538,586
1,544,254
6,625,751
2,724,130
1,811,636
560,516,377
+ 20.6
—
577,054,786
—
9.1
4,899,190
4,804,629
—12.8
2,02d,044
2,057,625
+
4.5>
1,866,695
1,875,923
—
2.9
560,605,144
508,878,923
2.7
166,100,000
135,300,000
+
4.5
57,382,034
Eighth Federal Reserve District—St. Louis—
$
333,128,612
+ 15.1
362,283,999
344,782,003
+ 16:2
2d
New
York—
12
"
5,461,953,259
4,701,333,007
4,363,546,455
3,748,601,712
Philadelphia
10
"
619,911,525
599,243,765
+
3.4
646,440,959
573,702,886
7
'<?. **
575,300,754
549,910,314
+
4.6
519,296,313
6
M
278,503,069
245,304,391
+ 13.5
260,599,044
235,781,998
+ 10.9
347,415,258
560,605,144
508,878,923
1.1
253,464,886
150,400,821
283,691,672
231,370,972
158,400,000
69,912,426
34,030,857
221,951,931
202,507,044
154,100,000
66,895,353
35,836,814
1,172,694
1,074,000
259,215,977
262,206,167
"263,839,796
2.9
Missouri—St; Louis..
512,301,756
4th
Cleveland
————
5th Richmpnd
10
8th St.
"
408,020,147
367^869,760
"
560,516,377
577,054,786
4
"
259,215,977
262,206,167
7
"
205,449,824
198,910,290
+
3 3 ■;
City—— 10
"
310,628,809
291,663,645
+
6.5
6
"
139,903,456
123,846,907
+
13.0
118,458,942
102,241,698
10
"
494,981,973
465,427,895
+
6.4
506,034,166
444,048,301
—-
Louis—
9th Minneapolis
lOth Kansas
11th Dallas
———
——
————
Francisco-—2-—'
12th San
Total
—111 cities
We
now
add
—
—
.
-
9,697,899,828
8,715,399,539
+ 11.3
8,424,343,882
4,016,566,532
+
9.4
4,219,783,872
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy—
Ninth Federal Reserve
Minnesota—Duluth
1944
$
Clearings at-+:':!.rv;
Maihe—Bangor___—
.
3,039,736
$
11
Inc. or
253,464,886
221.951.931i
3.2
—
771,000
+
2.0
+
8.8
4,611,140
140,974,621
46,988,849
98,230,428
37,648,524
—73.9
3,113,204
2,932,208
4,652,336
150,400,821
601,780
1,666,398
1,361,627
+ 22.4
Montana—Billings
1,793,036
1,597,351
+ 12.2
,
4,995,290
3,752,958
+
33.1
—
205,449,824
198,910,290
+
3.3
202,507,044
+ 25.5
4,625,585
1,511,639
1,063,233
4,244,358
175,722
343,967
3,965,517
69,076,861
Helena..——
Tptal (7 cities)—
1,194,854
1,116,886
Dec. %
$
S-H--?'"'$
Omaha
785,649
+ 28.0
693,656
887,124
3,640,215
—16.5
3,517,572
5,287,694
283,723,732
—14.2
311,477.467
294,094,615
972,951
i+20.9
891,448
468,523
422,177
1,386,697
1,313,113
Springfield
3,522,378
■#orcester—
3,158,119
16,343,218
15,441,379
5,864,799
5,307,552
17,576,700
14,177,700
756,424
571,949
—
—
+ 11.0 :
132.949
250,000
3,614,005
52,953,768
2,753,776
—
Colorado—Colorado Springs——
Pueblo——
—
5.7
65,997,466
+
11.0
3,323,679
+16.0
7,472,035
+
2.6
6,137,517
5,586,182
201,631,583
+
5.0
6,016,036
.
+
3,854,611
7,663,679
—,
6,338,104
1,138,518
+19.6
192,617,644
5,950,479
1,001,152
865,918
159,334,076
4,492,075
1.192,016
1,062,125
6.5
283,691,672
231,370,973
+ 27.9
3,050,536
93,734,292
1,623,169
1,255,531
1,049,627
310,628,809
...
327,153
406,796
+ 68.7
4,237,339
211,779,503
...
(10 cities).....
285,081
;
73,238,626
........
—
Missouri—Kansas City
St. Joseph—.
Total
190,213
480,982
4,477,855
—
Kansas—Topeka
849,573
.
City238,817
Lincoln.
1942
1943
1,176,777
I,—!—ui//;
291,663,645
—
5.1
+ 42.6
+
3,556,895
'
New Bedfora
-
Connecticut—HartfordHaven———
—
Island—Providence
Hampshire—Manchester
-
5.6
1,166,011
979,141
4,014,167
—12.2
4,800,544
3,985,548
2,758,028
+ 14.5
2,850,225
2,763,535
+
5.8
15,732,278
5,935,132
5,795,189
+ 24.0
13,989,000
15,611,000
32.3
630,402
622,001
cities)
383,514,658
———•
-333,128,612
Eleventh Federal Reserve District—Dallas-
Texas—Austin—
13,772^898
+10.5
+
+
,
(12
1.1
South Dakota—Aberdeen
Nebraska—Fremcnt—
Hastings
329,218,026
Massachusetts-^Boston
Total
4,511,540
—
Wichita—
1,005,261
Portland
Rhode
4,365,147
146,135,180
45,892,993
Paul
North Dakota—Fargo
First Federal Reserve District—Boston—
New
—
28,498,897
District—Minneapolis-
...
Tenth Federal Reserve District—Kansas
1945
N#w
9.2
143,220,993
42,162,170
2,303,151
St.
3,731,505,138
Week Ended Aug.
Lowell—
+
61,450.698
30,886,188
1,028,000
5.0
—
detailed statement showing the figures for each city for the
our
River—
.
Minneapolis
week ended Aug. 11 for four years.
Fall
—
Total (4 cities).——
7,342,902,797
4,395,059,355
Outside New York City—
•
;
17
6th Atlanta
7tb Chicago —i.—
'.
(17 cities)
+ 10.5
—
1942
$
383,514,658
3d
!
6,100,904
Peoria—
furnish
SUMMARY OF BANK CLEARINGS
Federal
,
Chicago—
trict of 6.4%.
1st Bostcn
.
————
Decatur—
In the following we
+
*•
...
In the Kansas City Reserve District the totals show an improvement of
of 3.3%.
—
District-Chicago^
——.
Reserve District of 1.1% but the
5,098,655
4,819,715
83,143,263
Michigan—Ann Arbor
712,044
Grand Rapids—
—«*'.
5,603,944
Lansing—.—4,018,357
Indiana—Fort Wayne—
:
2,893,533
Indianapolis
28,607,000
4.6%, the Richmond Reserve District of 13.5% and the Atlanta Reserve District of
10.9%.
7.4
+
1,748,360
6.9
78,293,452
408,020,147
(10 cities)..
Seventh Federal Reserve
Districts in which they are located and
larger by 16.2%, in the Boston Reserve District by 15.1% and in the
Reserve District
4.1
8.4
247,056
83,708,149
.
are
98,500,000
43,667,833
50,229,151
62.446,318
,
6,316,813
29,841,666
8,321,363
$9,697,899,828 against $8,715,-
the New York District (including this city) the totals
this it appears that in
from
5.9
+
2,056,407
Louisiana—New Orleans.——..
Outside of this city there was a gain of 9.4%,
bank clearings at this center having recorded an increase of 16.6%.
We group
the cities according to the Federal Reserve
+
138,400,000
47,922,232
Alabama—Birmingham—
Mobile—
11,693,443
153,900,000
2,365,565
——,
Florida—Jacksonville
899,539 in the same week in 1944.
the
-
—
—...
36,293,775
12,381,551
38,094,769
...
.
Georgia—Atlanta-
be estimated.
statement, however, which we present further below,
able to give the final and complete results for the
are
ended August 11.
+ 15.1
'
1
.
'
3,200,796
w
—
2,501,775
112,084,000
13,921,046
——
Dallas—.—!
98,988,000
+ 13.2
13,826,430
+
—
3,157,000
1,536,304
1,336,071
+15.0
———
6,004,310
4,344,631
+ 38.2
1,209,128
4,951,318
139,903,456
123,846,907
+13.0
118,458,942
102,241,698
Galveston—..
Wichita Falls—
Louisiana—Shreveport
2,850,000
0.7
+10.8
.
362,283,999
Total
344,782,003
1,950,235
80,605,362
11.021,250
2,668,000
1,255,942
4,740,909
Fort Worth—.......
(6 cities).
—
13,121,668
2,392,000
Second Federal Reserve District—New York—
'
New
York—Albany—...—i
Buffalo
•
7,427,713
.........
—
Elmira
Jamestown
Yor£—.
Syracuse...
__
57,196,000
4.5
56,200,000
50,300,000
1,150,226
1,212,755
+
2.8
1,592,346
—26.0
1,114,488
980,305
+ 16.6
4,214,560,010
3,611,397,659
Jersey—Montclair....
+ 17.7
13,349,751
12,084,988
5,782,264
+ 14.9
5,432,884
6,288,773
6,751,390
+
5.8
6,006,902
427,276
349,601
26,064,223
36,527,252
35,551,088
5,461,953,259
4,701,333,007
—
....
cities)
-
2,525,950
+
6.0
1,865,869
67,675,529
64,907.461
+
4.3
91,797,528
Utah—Salt Lake City—
25,017,729
23,865,810
9,843,230
+
4.8
24,505,821
10,420.285
4,200,296
California—Long Beach
——;
San Jose
—
.
Santa Barbara———.
Stockton
+ 22,2
381.802
344,497
+
6.6
24,244,715
23,591,974
+
2.7
35,052,185
•27,046,100
r+16.2
-4,363,546,455
3,748,601,712
87,184,707
8,884,863
—_—
San Francisco———i.—....
+11.4
—
9.7
5,942,164
4,332,241
+
273,133,000
7,447,290
2,085,300
"■5,000,000
259,000,000
;;
6,939,824
2.084,823
+
5.5,
+
7.3
+
0.1
4,743,849
+
5.4
5,409,319
27,777,659
"
Northern New Jersey....
:+
12,435,424
7,144,781
,
97,117,375
Oregon—Portland—-—.——;
Pasadena
6,641,199
——w
Washington—Seattle-—
2,678,723
4,548,736,022
—...
'Newark........
951,444
—
14,639,271
———
(12
1,181,558
Twelfth Federal Reserve District—San
8,763,784
1,321.051
1,178,878
...
___
Connecticut—Stamford....,
Total
4,732,441
+14.3
5.302,840,473
—.
New
•
+ 32.3
1,548,799
978,260
Rochester
New
4,378,406
1,770,497
54,600,000
Bjjnghamton——
■
h
•
37.2
86,619,969
272,755,000
4,805,985
1.679,525
4,383,888
81,452,572.
+K
33,901,020
2,543,785
220,875,000
3,678,225
1.165,651
3,266,835
f
:
—
Total
1,622,573
72,565,889
/ 22,976,751
.
(10 cities)—.
494,981,973
6.4
9,697,899,828
465,427,895
8,715,899,539
+
(111.cities).
+
113
506,034,166
8,424,343.882
7,342,902,797,
4,395,059,355
4,016,566,532
v +
9.4
4,219,783,872
3,731,505,138
Grand Total
Outside New York—•Estimated.
——:
■
444,048,301
.Volume 162
THE COMMEkCIAL & FINANCIAL CHRONICLE
Number, 4413
Company and Issue—
Foreign Exchange Rales
:
Safeway Stores,
Saint
Pursuant to the requirements
'
of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
EXCHANGE
CERTIFIED
RATES
AUG.
FEDERAL RESERVE BANE TO
BY
10, 1945 TO AUG.
Union
Date
5%
preferred stock
Co. 1st & ref. mtge.
Depot
bonds, series
Page
„
Oct
3V«#
1——
B, due 1971—l
Distillers Corp. 4% debens.
608
V<rf !v.;.
•
Oct
1
716
due 1952———Sep
Schulco Co., Inc. guaranteed 6%
bonds, ser. A due 1958_Sep
Walworth Co. 1st mtge. 4s due 1955—
-Oct
1
608
Schenley
We give below a record for the week just passed:
FOREIGN
Paul
Inc.
TREASURY UNDER TARIFF ACT OF 1930
—
Washington Water Power Co.
Western Auto
16, 1945, INCLUSIVE
1
608
1
611
1st
mtge. 3'/2s due 1964-Aug 20 4
debs, due 1955—
-Sep ; 1
Supply Co.
i 504
611
"
Noon Buying Rate for Cable Transferi In
Value in United States Money
Country and Monetary Unit
Aug. 10
Argentina,
Aug. 13
Aug. 11
Nev York
ENTIRE ISSUES
Aug. 16
Aug. 15
peso—
$
Official
.297733*
.297733*
.297733*
Free
.251247*
.251247*
.251247*
Australia, pound
3.208820
3.207786
J297733*
;
3.208120
v\'
mtge.
,297733*
Holiday
^251247*
.
Official——.
;';,i
.060602*
Free—.
.051802*
due
.060602*
.060602*
.060602*
.051802*
.051802*
.051802*
4%
.051802*
;
Topeka & Santa
Official
.909090
.909090
.909090
Free
.907500
.906875
.906875
.569800*
Colombia, peso
;
England, pound sterling
France, franc
.569800*
4.027187
v
.301^15
India
(British), rupee
Mexico, peso.
Newfoundland, dollar—
.569800*
.020189
.301215
.205820
,
.909090
Holiday
.902500
.905000
.904375
.903750
3.220666
3.221000
3.221000
Dow
.902500
3.221666
New Zealand, pound
Union of South Africa, pound
.904375
3.221000
,4.005000
4.005000
4.005000
4.005000
.658300*
Noncontrolled
.658300*
.658300*
.561250*
——
10-year
4.005000
.561250*
.561250*
.6583C0*
Holiday
Edison
Co. 2Vi%
2XU%
and
debentures
debentures
Brothers
due
serial
due
due
1948
debs',
Inc.
5%
—
pfd.
1st
—.!
due
1950
1950—
1946-1950
Stores.
Empire Sheet & Tin Plate Co.
.658300*
.561250*
Chemical
Serial
Uruguay, pesoControlled
Dec
1
Dec
-
1
Sep
—Sep
Sep
(In
thousands of dollars)
Aug. 15,
Aug. 8,
Aug. 16,
1945
1945
17,311,110
667,802
member banks follows:
Other cash
215.219
212,503
270,009
312,234
353,164
53,339
3,131
3,154
10,330
46
^ 163
millions
Industrial loans
Acceptances purchased
1
1
133
1
353
1
457
24
672
1
570
,
Certificates—„—
6,120.511
Notes
1,697,950
1,697,950
1,109,171
1,112,642
1,112,642
1,234,426
9,445,858
3,381,990
21,909,675
21,868,533
Total loans and securities-.
110
79,861
1,682,707
Bank premises
33,965
60,604
33,965
Other assets
62,359
42,649,555
Total assets.
1,851,865
34,617
65,450
36,429,453
42,326,256
for
1,679
5,914'
12
—
99
—
1,350
—107
+
592
863
—101
+
270
1,858
-
1,053
—
*
Other loans————
Treasury bills
,!
68
1,471
—
1,585
«.
Treasury certificates of indebtedness
Treasury notes
!i—,
10,462
9,511
—————
U. S. bonds
+
137*
Liabilities-
—
23
Obligations guaranteed by U. S. Government
—
—
—
10*
71
—2,140
54
+
15,003,783
14,832,650
12,934,742
398.195
537,715
316,983
9
5,726
596
—
3,306
+
367
+
1,035
539
+
4
2,191
1,091,531
1,148,287
439,282
1,440,318
Balances with domestic banks
% Foreign-—-..—«
———
551,645
Total deposits
363,628
Demand deposits-adjusted
+
5
—471
+
3,497
16,957,934
Deferred availability items——
1,495,546
1,343,349
Other liabs., inch accrd. divs.-i-
9,337
9,112
42,105,152
41,783,502
171.509
171,452
159,427
223,153
228,153
27,165
115,984
86,115
65
+
1,842
—377
+
275
9,575
+ 176
+
797
4
+
197
+
—.
Foreign banks
Borrowings
1,465,205
7,708
Debits
to
Capital Accounts—|
.
35,968,849
;
Capital paid in
Burplus (Section 7)
Surplus (Section 13b)
Other capital accounts
1—
Total liabilities & cap. accts..
42,649,555
42,326,256
and
deposit
U.
Aug,
S.
accounts
Gov't
'.i
during week
,
299
—
demand
interbank
Total liabilities—
1,065
—
82
44.5%
54.6%
trial loans————
3,960
5,152
j
_
cities shows the following principal changes for the week
ended Aug. 8:
Decreases of $418,000,000 in loans, $229,000,000 in holdings of United States Government obliga¬
tions,
$471,000,000 in demand deposits adjusted,
$377,000,000 in United States Government deposits.
a
ing United States Government obligations declined $107,000,000 and other loans for the same purpose declined
$137,000,000; loans to brokers and dealers for purchasing
carrying
other
securities, declined $101,000,000 and
other loans for the same purpose declined $23,000,000.
All of these changes were
largely in New York City.
Holdings of Treasury bills declined $72,000,000 in New
York City and $71,000,000 at all reporting member banks.
Holdings of Treasury
clined
certificates
of
indebtedness
de¬
$55,000,000 in New York City, $27,000,000 in the
Chicago District, $20,000,000 in the Richmond District,
and
Hold¬
,
Demand
deposits
adjusted
declined
$411,000,000
in
City, $47,000,000 in the Chicago District, $40,-
000,000 in the Cleveland District, and $25,000,000 in the
San Francisco
District, and increased by smaller amounts
in most of the other districts.
$65,000,000.
Deposits
000,000 in
Dallas
Time deposits increased
•
credited
the
to
Kansas
domestic
banks
increased
City District, $33,000,000
$36,-
in the
District, $26,000,000 each in the Richmond, At¬
mtge.
6%
1st
mtge.
and
mtge.
bonds
geD
Oct
PARTIAL
States
due
OF
and
bonds, series D——Dec
gep
,T
Co,
& Tube
7:1 prior preference
Co, preferred stock
t in Volume
S
6% preferred
Page
345
4>/4%
Associates
&
the
Investment
National
week
Bird
Co.,
1
1
132
1
132
British
Columbia
Collins & Aikman
Corp., 5% conv. pfd. stock
Electric Auto-Lite Co., 2'/i%
debentures due
1950
—Nov 10
Sep
5
668
Brooke
(E. &
670
Bullock's
132
6%
Co.,
preferred
Iron
9-
5
8-
9
25c
(interim )„
Central Cold Storage
(quar.)
'.
Champion Paper & Fibre, common (quar.)_
458
1957_.
Sep
135
1953
1955 &
355
461
-Sep
675
1957 Sep
571
Niagara Falls Power Co. 1st & ref, mtge. 3%s due 1966_Sep
Paton Mfg. Co., Ltd., 1st mortgage
4'/2s, due 1956
Sep
Pennsylvania Gas & Electric Co. 1st lien & ref. mtge.
A
5 V2 %
bonds—
Pennsylvania Water & Power Co. ref. mtge. & collat.
trust 3'/4%
bonds due 1964
Sep
Cleveland
1
572
1
J2337
1
i. .607
$5
1
607
—.
common
Power,
preferred
$4.50
preferred
(quar.)—
Co.
preferred
8-15
Co.
Corp. (quar.)
of America—
preferred
Denver Union
(quar.)
Stockyards, 5V2%
'
9-12
8-31
1
8T25
9-1
8-25
8-
7-21
9-
1
9-15:
J75c
8-31
9-15
9-
1
8-13
t20c
9-
1
t-21
9-15
40c
25c
$1.12V2
75c
$1.25
50c
25c;,
$1.12V2
9-
,
"
4
9-10
;i.
10-
1
.
9715
9-15
8-15
*-
1
1
8-22
9rl0
'8-29
* 8-29
<
v.
9-15;..
10- 1
8- 8
9- 5
9-7
10- 1
9-24
9-
9-10
8-31
$1.31 U
10-15
9-25
$1.50
common..:..
(quar.)
Zellerbarh
Crucible Steel
conv.
1
20c
(Del.)—
Electric,
preferred A (quar.)
Crompton & Knowles Loom Works—• .!
6%
9-
$1.25
40c
(quar.)—*——
Oil
$5.25
5%
Sep
Co.,
quar.)
(quar.)
Supply.!
Quarries
Cornell-Dubilier
Crown
,
(initial
Builders
Continental
t
,C;:
preferred
Consumers
Maritime Electric Co., Ltd. gen. mtge. 5'/2s due 1956__Oct
Maritime Elec. Co., Ltd. 4'/2% 1st
mtge. bonds due 1956_Oct
Master Electric Co., 10-yr. 3% % debs, due
National Oil Products Co. 3'/4% debs, due
Equipment
5%
Cleveland
8r20
10c
672
debenture
l
50c
(quar.)
(quar.)—:
456
5'/2%
9-
87V2c
(quar.)
1
preferred
4*
$1.25
30c
1
Clark
9-14 :
30c
10
Corp.
9-10
8-15
(Los Angeles)
Tire
V.
$1.50
Sep
570
1
(quar.)—
Sep
1
lv'''9-10
10-
9-29
(reduced)
Ltd.
4
9-12
l'O-
$1.50 V
Packers,
9.
*9-12
$1.50
(quar.)—
G.)
9-17
*
'
9-29"
$1
Inc.
8-20
-
7c
Greenfield
Light Corp. 30-yr.
$1.25
;
common
;5
1
$1.75
Canadian
bonds, series A and series B, due 1949__———Oct
:?^r9-i7
9-
3.
9-15
*
9-29
•
568
$4.50
10-15
u 9u
(quar.)—
1
Corp, 5%
Tap & Die Corp., $6 pfd. stock—
Co. 3'/4% debs, due 1971
Hygrade Food Products Corp. 1st & ref. mtge. conv.
"' 8-28
50c
mtge. 3'/2s due 1969__Sep
conv. debentures
Sep
Electric Light
9-11
9-15
pfd. (quar.)
—
Black-Clawson
s.f, gold bonds, series A—
5% s.f. gold bonds, series B
4M*% s.f. gold bonds, series C
9-29
9-26
Booth Mills
Oct
Common
9-15-
20c
10c
—_
Corp.
Holders
$2.25
common..
Investing
when
62V2c
Son, Inc., 5% preferred (quar.)
Birmingham Gas, $3.50 preferred (quar.)—
i—Oct
Oct
5 %%
when
$1.50
&
12553
Cleveland Union Terminals Co.—
in
Payable ">1 of Rec.
Sl.OG'A
Manufacturing, preferred
Berghoff Brewing Corp
1
——
—-
table
$1.25
,
(quar.)__
preferred (quar.)
Bangor Hydro-Electric, 7%
6% preferred (quar.)—
244
-
—
...
series
i
are:
Share
-
Foundry
5%
1
Sep
;
A
'
■'
common.—
Beacon
due
54
-611
..
Corporation
(quar,——__
Machine
preferred
Bankers
bonds
j610
J
'
in
(quar.)
131
&
fiio
161
American Telephone & Telegraph (quar.)
Aro Equipment Corp., 5%
preferred (quar.)
Ashland Oil & Refining, common
564
Power
fijo
announced, but
Cigarette & Cigar,
American
563
Illinois
V
are
Name oi Company
1
6%
396
;
1*
Oct
Then we follow with a
second
show the dividends
previously
we
American
451
Acceptance
609
609
Industrial and Miscellaneous
Companies
1
General
608
609
j
stock__Oct
The dividends announced this week
1
1st
i
: l
Investment News Department"
1
Empire District Electric Co.
roq
/
declared.
Sep
Canadian Utilities. Ltd., 1st mtge. 5s, ser. A—
Sep
Carolina. Clinchfield & Ohio Ry., 1st mtge. 4s, ser. A,
due
1965
Sep
Chicago & Western Indiana RR., 1st & ref. mtge. 4'As,
Ser. D, due 1962—
Sep
mtge.
716
"
grouped in two separate tables,
in the
bring together all the dividends announced the
we
Sep
'.
gen. mtge. bonds due 1956
Cement Co., Ltd. 1st mtge. 4 Vis, ser.
1st
608
<•
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
date for mak¬
REDEMPTION
1964
mtge.
500
^'>'-
1
15
1
•Announcement in this issue,
TENDER
Bamberger RR.
mtge.
395
4qQ
.———Oct
1946
Leather
Youngstown Sheet
which
list of corporate bonds, notes,
called for redemption,
Company and Issue—
Date
Allied Stores Corp. 5%. preferred stock.—.
—-—Sep 15
Armour & Co. 1st mtge.
20-yr.
bonds, series E,
1st
31
current week.
Company and issue—
Date
Georgia, Southern & Florida Ry., 5% debs, dated 1924—Oct
1
Heller (Walter E.) & Co. 5%%
preferred stock
Sep 27
Niagara Falls Hotel Corp., 4l/2% 2nd mtge. bonds
Sep 10
1st
•''/;+
'
^
—
——
5%
679
1
ser" A
5s,
'
C_^_—
,
F ^^(395
v
Oct
1st
'464
!,"679
■
<
I_Sep' Y''1''
Per
NOTICES
due
llsfiO
'
'4J/«s due 1960_oct
Hartford
$119,000,000 at all reporting member banks.
ings of Treasury notes declined $54,000,000.
New York
B
bond ctfs.
United
ing tenders, and the page number givps the location in
which the details were given in the "Chronicle,"
Canada
461
..r-
DIVIDENDS
stocks
common
and
Loans to brokers and dealers for purchasing or carry¬
Co.
General & ret. mtge.
first
and
1
i
-
a
Redemption Galls and Sinking Fend
The date indicates the redemption or last
The condition statement of weekly reporting member
banks of the Federal Reserve System in .101 leading
:
Car
Dividends
preferred
loct
6!/2s
13,280
....
including those called under sinking fund provisions.
Condition Statement of Member Banks
1st & ret, mtge.
J,,figures revised (Philadelphia District).
Below will be found
mtge.
except
35.429,453
Indus¬
'137
Aug 29'-■
1st
accounts,
Notices
F. R. note liabilities combined
R7s
bonds, series A, due 2022__—_.july 1, '47 12490
Tilo Roofing Co.,
Inc., $1.40 preferred stock_—^_i_—_Sep 15
53
Trinity Court Bldg. (Burca Holding
Corp.) 1st mtge
' •
!
1
248
+
——
Ratio of gold res. to deposit &
make
—
•
1st" (cloTed)""""""^
Storage Co.
Texas Power &
Light Co.—
6% gold debenture
4%
—
26,965
117,576
8,809
13,406
-
t..r
epn
gen.
1947
Louis
series
188,097
27,165
37,062
.
Time deposits
—
:
U. S. Government deposits
15,055,671
17,045,154
*
Interbank deposits:
Domestic banks—.-—
■
Southern Bell Tel. & Teleg. Co.
34/4% debs, due 1962—Oct
1
Spmer Mfg. Co. $2 series A
preferred stock—
——Aug 25
Standard Oil Co. (New
Jersey) 2%% debs, due 1953—Sep
1
Standard Oil Co. (Ohio)
AVt% conv. pfd. stock
^__Sep
4
Taicptt (James), Inc. 5'/2% preference stock
•
Aug 20
Texas & Pacific Ry.
gen. & ref. mtge. 5% bonds,
2,034
+
571
,
Aug 29
542
—
'460
'
-
l
r:v-r
Schenley Distillers Corp. 4% debs, due 1952
Usep
Schuyler Hudson Corp., 4% 1st mtge. bonds
due 1947—Sep
Skelly Oil Co. 3 7o debentures due 1950
155
—119
—
due
_
U. 8. Treasurer—gen. acct—
Cold
'46
Sep
iien
18
26
Liabilities—
Member bank—reserve acct._
1st
St.
9,785
Deposits:
1946:
15
Other securities
19,440,265
■
6% preferred stock
Quincy Electric Light & Power Co.
.
23,473,107
&
Portland Gen. Elec, Co.
Pure Oil
61
-4% 2-
25,204
Cash in vault
23,555,115
bonds_„
income bonds
■
697
Reserve with Federal Reserve Banks!
Federal Reserve notes
due
Co,
398
a.
—Jan. 1
5s
Lighting Corp. 5%
A6Q
1969—Aug 2Q
Pennsylvania Telephone Corp., $2.50
preferred stock—Sep
6
Philadelphia & Reading Coal & Iron Co.
pur¬
——.
-
I960—
mtge.
%
——
obligations
-
collat. tr,
ref.
Oct
sTk~—Sep
6,528
+
458
.jr..-'.
5% cumul. conv. pfd. stock
Aug 31
249
Plan Shares Corp.
6% secured convertible
;
;
bonds,. series A, due 1947—
Sep
l
,571
National Automotive Fibres.
Inc., 6% conv. pfd"
1''
13
New York,
Chicago & St, Louis RR., ref.
mtge. 4Mi8
•
<
Ser. C, due 1978—Sep
Toledo St. Louis &
West. RR., 1st mtge. ds, due 1950_Oct
l.'+C +313
Pennsylvania Telep. Corp. 1st mtge.
3J/4S, due
1944
—418
Loans to banks
136
91,299
2,093,564
1945
+
■
dealers
E,
ser.
Micromanic Hone Corp.,
Morris
or carrying:
Other securities
15,295,114
110
91,473
Uncollected items
&
Merchants Ice
Aug. 9,
12,975
Other securities—
Other loans for purchasing or
carrying:
U. S. Government obligations
15,231,445
22,266,156
22,183,949
F. R. notes of other banks
and
CJ. S. Government
Real estate loans
Due from foreign banks
1st
and agricultural
—
brokers
to
chasing
Total U. S. Govt, securities
(IncL guar. sec.)-.—,
bonds due
Co.
RR.
&
—644
—
Commercial, industrial,
Loans
'
Bonds—————~———
A%
Electric
Electric
.
63,052
LoanB-^otal.———„—
V-""—
loans__—
-
VniUed mtge.
Manila
Manila
$
Loans and Investments—total-
3%s,
_—
1945
VVj. Assets—
Aug 20
—
dollars)
Aug. 1,
568
■
■
12,978,572
6,120,511'
12,937,435
——-
of
■/
U. 8. Govt, securities:
or
566
352
Oct
Maple Leaf Milling Co., Ltd. 5 V2 %
mtge. bonds
Aug. 8,
'
to
7
566
6s
!
Louisville & Nashville RR. 1st &
ref. mtge.
due 2003
Increase (+) or
Decrease (—) Since
18,832,401
Discounts and advances——
(In
,
„
417,036
17,978,912
.—,
'
18,415,365
676,601
17,968,916
Total reserves
Commitments
352
352
1
———„
conv.
Outdoor Advertising Co. class "A"
stock———.Oct
General Phoenix Corp., 5%
convertible debentures
Sep
Hamilton- Watch Co. 6%
preferred stock
;
Sep
Hecht Co. 4V4 %
preferred stock
lanta, and Chicago districts, and $176,000,000 at all re¬
porting member banks.
Borrowings of weekly reporting member banks de¬
clined $82,000,000.
A summary of the assets and liabilities of
reporting
1944
17,292,315
certificates on hand and
due from U. S. Treasury
Redemption fund—F. R. notes..
/
566
stocks——
mtge.
—
Reserve Banks Combined
>
452
564
1
Fuller
Statement of Condition of ihe12 Federal
:
452
564
1
General
Bills—
130
Empire Steel Corp., 1st mtge. 6% conv.
bonds, due 1948_Oct
Brush Co. $7 preferred stock
Oct
.561250*
•Nominal rate.
Gold
347
451
mtge. 25-yr. s.f. 3'A% bonds, ser. H.'due 1965 Aug 24
Oil Cos., Ltd. 4%
debens., series A & B
Aug 31
Champion Paper & Fibre Co. 6% preferred stock
-Aug 27
Consolidated Title Corp. collat. tr. 6% bonds due
1951_Sep
1
Corrugated Paper Box Co., Ltd. 7% pfd. stockSep
1
Cuban Telep. Co. 5% 1st
mtge. conv. bonds due 1951—Jan
1,'46
.301215
,205820
.909090
Ry.—
1955
I960
Canadian
.020183
1
130
563
4s, ser. A,
Cons.
4.026406
i'/v
.301215
.205820
.909090
,
.569800*
4.026250
Fe
due
due
562
1
Atlanta, Birmingham & Coast RR. 5% pfd. stock——Jan.
1, '46
Bethlehem Steel Corp.—
Cons. mtge. 20-yr. s.f. 3%
bonds, ser. G, due I960—Aug 24
.905000
.020189
.205820
.909090
.906250
4.026093
.020189
.301215
.205820
—
—————-1—-
.909090
•
'
.569800*
4.025781
.020189
i
.909090
bonds
bonds
-562
Aug 30
1st mtge.
:
convertible
Convertible
Canada, dollar—
Official
1965
Atchison,
.060602^
Holiday
—Sep
Arkansas-Missouri Power Corp.
3.208120
Brazil, cruzeiro—
.
Page
/
5s. due 1964
.251247*
3.208120
/
,j,
Company and Issue—
'4Date
American Locker Co., Inc. 5% & 6% deb. bds. due
1951_Sep
1<American Telephone & Teleg. Co. 3 "A % debs, due
1961-Oct
1
Arkansas & Memphis Ry. & Bridge Co. 1st
.
.
Aug. 14
CALLED
10- 1
25c
10-
1
9-7
4
9-20
'
9-13
1
::
...—_—
$1.25
pfd. (quar.)
$1.37Ya
9-29
9-14
9-
8-20
1
THE COMMERCIAL & FINANCIAL CHRONICLE
£14
When
per
Share
Name of Company
„
Alkali
Diamond
Co.
50c
(quar.)
—
4%
Dobeckmun
$1
Manufacturing Corp. (quar.)———
Kodak Co., common
preferred (quar.)—,———
—
Eastern Racing Association (irregular)
Equitable Fire Insurance (Charlestown, S. C.)
Doyle
& Gregg
Stores
Fair
•
class
preferred
Globe
—
1
9-
1
American. Gas
9-20
9-
1
8-23
9-
1
8-18
(quar.)
8-
8-29
American
Investment
Co.
American
Metal
Ltd.,
1
8-10
1
8-15
1
9-
1
8-18
9-
1
8-23
Common
9-1
8-23
9-15
8-15
25c
$7
9-10
8-20
1
8-20
11-30
11-20
9-
9-29
9-
9-29
9-14
9-20
8-31
$25c
—
50C,
9-
1
8-24
$1
Co
9-
1
8-21
preferred
B
National
Folding Box (irreg.)
Irregular
1*_
&
National Life
(Nashville,
Accident
Tenn.)
$2.25
(s-a)
Company, $4.50 preferred
Murray
$1
—______
25c
—
50c.
—
New
Electric
Newport
$1,621/2
—
9-7
$2
Light, Heat & Power, com. (quar.)_
5% preferred (quar.)____
Peca, btow & Wilcox (irreg.)—
■____
Pennsylvania Telephone, $2.50 pfd. (final)
Peoples Water & Gas, $6 preferred (quar.)_
$$1.25
.
10c
51c
$1.50
9-
9-
4
Pittsburgh
Youngstown &
(quar.)—
Ashtabula
9-12
8-23
8-31
8-20
70c
9-
1
8-20
75c
9-
1
8-20
9-
preferred
8-15
8-
9-15
71c
(quar.)
1
10-
9-10
8-31
1
8-20
9-15
8-22
9-
10-
1
8-15
1
8-18
9- 1
8-18
1
Corp.,
(quar.)—.:.
$1.50
8-31
$1.12,/2
50c
10-15
8-29
8-31
9-15
$1.75
$1.37M2
75c
10- 2
10- 1
9- 1
50c
50c
8-31
25c
9-27
9-
50c
9-15
(quar.)
A
—
9-10
9-
9-
1
6%
1
Gas
6%
pfd.
6 %>
$1.50
$1.75
$1.50
$2.50
37y2c
25c
75c
—
—
50c
(quar.).
8-28
9-
1
8-20
371/2C
9-
9-
1
9-25
11-
1
2-1-46
8-20
9-11
37V2C
5-1-46
8-1-46
7-15
50c
9-15
8-14
4-15
(quar.)__
$1.50
9-15
8-24
10c
9-12
8-29
20c
9-10
8-31
9-
8-15
F.)
Oil
Products,
&
Gas
Co.—
Inc.
_
17'/a c
1
$1,183/4
9-1
10-31
■
8-15
$1.50
10-15
Bliss
5%
1
Industrial and Miscellaneous Companies
/
6%
Bloch
-'
■■
..
Per
'
Name of Comvanv
Abbott's
Share
Dairies
25c
When
Holder*
Payable
of Rea.
*9-1
8-15
Acadia-Atlantic Sugar Refining—
10-
1
8-31
Agricultural Insurance Co.
N. Y.)
(quar.)—
10-
1
9-15
________
Alabama
Allied
&
(Watertown,
Laboratories,
(s-a)
Preferred
(quar.)
Aluminum Co. of America,
6%
preferred
Aluminum
Goods
common
Mfg.
—
common....
Industries, Inc.
(quar.)
9-12
8-22
9-1
7-31
Co., common
Bros.
(s-a)
(s-a)
(s-a)
—
——
preferred (quar.)
Blue Diamond Corp.
!
———
Blue Ridge Corp., $3
preferred
(optional)
Payable in cash or l-32nd of a share of
stock
Blumenthal
Borden
Boston
(Sidney)
&
1
8-15
Boston Woven Hose
Bower
&
Rubber
Co.
1
9-13
Brandon
50c
10-
1
9-11
Braniff
9- 7*
Brewing Corp. of America (quar.)_^
Bristol-Myers Co., common
33/4%
preferred (initial quar.)
—____
class
$1
?
8-17*
8-15
50c
<quar.)_
9-5
9-10
9-10
10- 1
8-20
9-10
Brown Fence & Wire
$1.50
10-
9-14*.
Brown-McLaren
8-22
Brown Shoe
20c
15c
I
9-15
A
Co., Class A
Co., Inc.
Co.
(quar.)
(quar.)____
_________
8-15
$3
9-20
8-31
9-20
8-31
$1.12'/a
10-
9-20
1
9-20
8-25
8-10
$1
9-
1
8-15
9-
4
8-20
75c
9-
8-15
9-14
9-
25c
•
1
9-28
62 Vac
—
8-20
1
25C
Pac.
98-
;
3
9-14
.
6
8-24
75c
& Texas
10-15
50C
Corporation
New Orl.
1
10-
;..v
$1.50
75c
8-20
Ry. Co,—
$1.25
9-
1
8-15
$1.25
12-
1
11-15
$15c
9-
1
8-15
$5c
—
Bar
Knitting,
Ltd.
9-
1
8-15
(quar.)
Extra
8-15
6% preferred (quar.)
City of Paris Dry Goods Co.—
7% 2nd preferred (s-a)
City Water Co. of Chattanooga—
5% preferred (quar.)
Clearing Machine (quar.)_
:
8-15
8-29
8-15
——
$1.50
4k-
8-14
1-2-46
12-24
k
$1.25
9-
1
8-11
25c
9-
1
8-15
20c
—
Cleveland & Pittsburgh RR. Co.—•:
7%
guaranteed (quar.)—_—
•
9-1
$3.50
87y2C
9-28
9-14
9-
,
1
8-10
1
Special
50c
9-
8-15
Clinchfield
25c
8-24
8-10
8-15
Climax
30c
9-28
9-14*
8-15
Coca-Cola
9-
Coca-Cola International Corp.—
5
Guaranteed (quar.)——
Coal Corp.——_r—
Molybdenum Co. (quar.)_—
Co.
Plow
Ltd.
Colgate-Palmolive-Peet—
8-18
8-15
9-
75c
tquar.
New
1
Collins
7-31
5%
$3.50 preferred
5%
Aikrnan
&
preferred
Colonial
8-31
Co.,
(initial
'
9-14
1
1
9-14
11-
9-29
25c
9-
$1.25
2
9-11
1
8-21
9-1
31 Vic
9-
1
8-20
— ————
A
62 Vic
9-
1
'"1
"I
8-21
—
8-20
common
(quar.)
Colorado Fuel & Iron Corp.
8-15
V:,
Corp., common..,—
Inc.,
preferred
10-
12-
87»/2C
quar.)
8-10
1
25c
(quar.)
Stores,
10-
$5.60
(s-a)_
(quar.)——
25C
Elevator, $3 pfd. (quar.)
Co
Columbia Broadcasting, Class A__
75c
9-
1
8-15
50c
9-
I
8-15.
40 f}
q».
n
40c
9-
7
8-24
9-10
6-10
8-17
Colorado Milling &
8-31
Columbia
8-31
8-15
Brewing
———
Class B
8-15
•Columbian
8-15
(Stock
Carbon
Co,
dividend),
additional
two
8-28
$1
(quar.)_„—
Commoil,
8-23
Commonwealth
Investment
8-
6
Commonwealth
Telephone $5
9-
7
Ltd.
$y2c
____
Co.
8
a-«>4.
:■
9-21
——
8-23
8-
shares
(Del.)——
9-11
8-25
6C
■:
8-11*
10-
$1.25
pfd. (quar.)_*
Community Public Service (quar.)__
8-15
Connecticut
River
$1.50
10c
9-14
9-
•
1
1
8-31-
50c
9-15
8-25
$$1.50
9-29
8-25
8-15
8-20
8-15
■
8-15
9-25
8-10
6%
preferred
Consolidated
9-29
9-25:
9- 1.
8-17
8-11
1
7-31
8-15
8-22
9-11.
8-24
9-30
8-31
9-20
8-16*
9-10
8-25
9-1
8-13
10-15
10- 1
$1
8-31
8-17
2-28-46 2-14
2%c
9-1
50c
9-1
Power
8-22
8-20
Pow.
Consumers
(ouar.)_
Stores,
(quar.)
Container
9-1
9-15
8-10 v
'.-.v.
v._.
•;
10-
1
9-15.
I
10-
1
9-15'
10-
1
9-15
r'i
;.7y2c
-
(quar.)
common—
_____________
(quar.)___,,
(Reading, Pa.)—--——;
Ltd. (quar.)——
Co.
/Chgo,,
Qan Co., common
$3.75, preferred (quar.)
9-15
9-
25c
9-
8-15
25c
9-1
15c
10-1
9-15
10-
1'
r
1
8-21
—
111.) (quar.)
(interim)
1
9-14
10- 1
9-14
10-
1
0-14
3iy4c
9-
1
-
9-15
1
683/40
Inc.,
Glass,
Corp. of America—
Continental
R-15
9-15
9-24
$i.i2ya,
Co.
Continental Assur.
1
10-1
$1
—_____
Ltd., class A
Retail
Gas
9-
4
15c
90c
Consolidated Vultee Aircraft Corp.—
$1.25 conv. preferred (quar.)—_______
Consumers
8-15
25c
Paper
preferred
$2.75 preferred
1
<Bhu.
—
8%
8-4.
9-
+20C
;
—
Consolidated Press,
Extra
•
8-
1
$1.50
(quar.)
Co.
4%
Consolidated
1
9-
,
Co.—
(quar.)
Consolidated
9-1
9-
55c
(quar.)——————.
Biscuit
9-15
6bc
56 Vic
preferred C (quar.)
4V2% preferred B (quar.)
Consolidated GaS Utilities Corp.—
Consolidated Laundries Corp.—
8-10
8-20
8-25
9- 1
9-20
9- 1
25c
(quar.)—
Consolidated Gas Elec. Lt. &
9-
J$1 50
(quar.) __________
Consolidated Edison Co. of N. Y., Inc. (quar.)
Common
9- 1
Co.
Consolidated Bakeries of Canada, Ltd.
•
$1
1
25C
8-15
.
8-15
9-
City of New Castle Water Co.—
933/4C
"
1
25C
Co
8-21
50c
Class A
Mfg.
Belt
9- 1
9- 1
9-1
Inc.___
9-10
9-10
—
50c
62Vic
—____
9-28
Corp.,
Airways,
1
$3.50
(accum.)
Circle
62V2c
10-
■
v-1.0
x
1
9-
(accum.)-
7-27
15c
9-8
XJ-
~.r
10-
-
5% preferred (quar.)
5% preferred (quar.)——
8-10
$1.50
1
8-20
-■
9-10
1
10-
Products
Power
.
—_
10-
$1.50
Connecticut
16c
-50c
35c
50c4®
50c
(quar.)
Bearing Co.—
Brager-Elsenberg, Inc. (quar.)—
Steel
preferred
prior preferred
Cincinnati
8-10
20c
Roller
8-20
«.r»i
«
si.yu
(quar.)
prior
Chrysler
8-10
40c
Boyertown Burial Casket Co. (quar.)
9-15
1
62VaC
(quar.)
8-13
:
75c
—
8-17
9-15
$1.75
9-10
—
(quar.)
8-15
9-
1 «> !/-
8-20
Co._
Co.
Fund, Inc.
8-13
10-31
$1.50
common
9-1
—.
1
8-31
Confederation Lite Assn. (Toronto)—
75c
6%
9-
11-10
$1.25
(quar.)_
pfd. (accum.)
9- 1
9- 1
9-15
9-1
9-1
—
—
9- 1
10- 1
8-15
75C
15c
—.
Tobacco,
25c
/
(quar.)—_
W.)
preferred
preferred
10-
40c
common
_________________
Alpha Portland Cement——
Aluminum
V
*
Co.,
6
9-
9-20
1
50c
(quar.)
series
1
9-
9-
$1.50
preferred
for each share held—
9- 1
9-1
9-10
9-29
50c
Quarterly.
Quarterly i
____;
Congoleum-Nairn, Inc. (quar.)———.
Connecticut Light & Power $2.40 pfd. (quar.)
$2.20 preferred (quar.)—
—_'_
——-
—
15c
;___
Products Corp. (quar.)
Allis-Chalmers Manufacturing
8-20
Co.
$3
Inc._
Allied
9-15
'
75c
Vicksburg Ry, Co.
(E.
common
preferred (initial quar.)_
$$1,25
Acme Steel (increased quar.)—
40c
Agnew-Surpass Shoe Stores, com. (quar.)—
$30c
7% pre/erred (quar.)„$$1.75
$5
l
9-1
9-8
9-15
9- 1
9-17
9-15
9- 1
9-1
10- I
10-1
9-15
9-1
9- 1
8-31
1
9-10
South West Utilities Co.—.
Cockshutt
—
1-15
371/2 c
Mills
(H.
8-
8-3
—
1
10-
(quar.)
Chicago Corp. $3 conv. pfd. (quar.)—
Chicago Great Western, 5% pfd. (accum.)
Chicago Yellow Cab (quar.)—
Chickasha Cotton Oil
(quar.)
Chile Copper Co
9-10
Manufacturing-
(quar.)__—
10-
Chase Hotel, vtc. (St. Louis) (initial)
Chestnut Hill RR. Co. (quar.)
8-16
__
9-20
$1.50
4'/2%-prior preferred (initial quar.)
6% prior preferred (accum.)———
9-15
8-31
9- 1
9- 1
8-30
9-29
Corp.
9-20
$1
9-15
$1.25
5c
15c
National Investing
8-
1
$50c
Chain
8-15
14c
7c
1
1
$37Vic
A—
8-10
«-31
—
10-15
(quar.)
Wisconsin Electric Power, common—______
4%% preferred (quar.)_____
6% preferred (quar.)
Willson
$6
$7
Extra
(irreg.)
(quar.)
5%
1
9-
10-
Certain-teed Products—
8-20
A
Class
8-21
1
371/2 C
preferred
Wilcox
&
8-15
Barlow & Seelig
8-28
9-
50c
...
,
(quar.)___
Washington Water Power, $6 pfd.
Ohio
Central
8-22
7-31
10-
Light & Power Co.—
$6 preferred (auar.)_
Central
9- 1
Shares)
9-15
Ohio
5
9- 1
—
8-31
1
$$2
(quar.)
preferred
Central
1-21
$1.05
(Amer.
preferred
8-10
41 Vic
(quar.)
Foundry
preferred
(s-a)_
pfd.
7%
class
Illinois Pub. Serv., 6%
dividend
Inc.—
Works
Locomotive
1
10-
25c
6%
9- 1
Blaw-Knox
6% .preferred
6%
$6
8-10
8-31
10-
M.) & Co., common...
Tractor Co. (increased)
5%
1
f5c
(quar.)
preceding table.
1
9-15
27 Vic
(quar.).
Wamsutta
7-27
25c
Ltd. (quar.)——
(A.
8-31
8-10
9-10
$75C
(irreg.)
Inc. class A
9-
1
9- 1
9- 1
9- 1
1-2-46
9-15
9-10
9- 1
75c
(increased)——
series A pfd.
5%
—_
—
—
Below we give the dividends announced in
previous
weeks and not yet paid.
The list does not include divi¬
dends announced this week, these
being given in the
581/3 c
621/2 c
6%
8-23*
9- 1
9- 1
9-20
9-28
9-
1
$$2
Co.
$6 preferred (accum.)
Central Maine Power Co.,
8-10
'
10-
$$2
Boxes
8-10
8-21
75c
12V2C
(quar.)_
Ry.
Central
1
$62 Vic
(quar.)
Central
9-
8-15
$$1
9-20
9-
8-15
1
preferred (quar.)
8-10
9- 1
25c
de los Andes
Bankers
8-21
$1,371/2
preferred
preferred
Caterpillar
5*
50c
(quar.)_
preferred
Banco
8-21
9-
25c
6%
Castle
9-
Building Inc., common vtc—
—
Radio Show, Inc., common—.—
Balfour
1
50c
(quar.).
Valley Mould Sz^Iron, common..
3
8-15
1
(accum.)
preferred
8-31
25c
30c
Barnsdall Oil Co. (quar.)—————
20c
Basic Refractories, Inc.—_—
10c
Bathurst Power & Paper, Class A (quar.)—
125c
Bausch & Lomb Optical Co., 5% pfd.—
$1.07
Bayuk Cigars, Inc. (quar.)—
———
37Vic
Beaunit Mills, Inc.
(increased)—_—_——50c
Belden
Manufacturing Co.
(quar.)_
30c
Belding Corticelli, Ltd., common (quar.)—
t$l
7% preferred (quar.)
$$1.75
Belleterre Quebec Mines (initial)-——tlOc
Bell & Howell Co., common———
12 Vic
4>4% preferred (quar.)———
—
$1.06y4
Berkshire Fine Spinning Associates—
7%
preferred (quar.)
$1.75
$5
preferred
(quar.)
—
$1,25
Bethlehem Steel Corp. common—
—$1.50
7% preferred (quar.)——
——
$1.75
Blgelow-Sanford Carpet Co., Inc..—
Common (quar.) _————
50c
6%
preferred (quar.)———
—_
$1.50
Birmingham Water Works 6% pfd. (quar.)_
$1.50
Black Hills Power & Light Co., common—
30c
5% preferred (quar.)—_—-—
$1.25
preferred
8-
8-31
1
International Investment Trust—
preferred
Carman & Co.,
Class B
8-14
10-22
•
Baltimore
6
41 %c
(monthly)_____„_"________
(monthly)________________
convertible
9-14
10-
9-
Canlield Oil. common
6% preferred (quar.)!
8-15
$1.50
11- 1
$1.50 1-31-46
25c
9-25
J15c
9- 1
$1
9- 7
pfd. (quar.)—1
class
9- 1
9-26
9-14
10c
50c
50c
—
preferred (quar.)
Baldwin
8-27
$1.25
_____
Gulf
preferred
5%
Canadian Oil Cos. Ltd. 8%
7%
Co
Automotive Gear Works,
8-20
Sulphur Co. (quar.)__—_—
Todd Shipyards Corp.—
Toledo Edison, 5% preferred
(monthly)—
.
9- 1
9-12
$4
__
_■___
Co.——_—__
Tack Corp.
Autocar Co.
8-20
$1.75
7%
Canadian
8-31
10-
General Electric (quar.
20c
—
Aunqr Gold Mines,
$1.65
(quar.)
5Mi%
5
8-31
:>
9-15
$85c
Food
common
common———
preferred
Powder
Atlas
8-20
preferred
preferred
9-
12- 5
9-15
8-31
$25c
(quar.)
Canadian
8-15
8-31
9-
$20c
Co., Ltd. (quar.)
Products, Ltd. (quar.)__
Canadian Foreign Investment Corp., Ltd.—
5
1
9-15
$$1.62Vi
$$1.25
(initial)
com,
preference
Canadian
8-28
9-
Breweries, Ltd.
conv.
Pacific
(nuar.)
15c
pfd. (accum.)—
15c
Armour & Co. (111.)—.
■-"7";
$6 prior preferred
(accum.)——
$1.50
10- 1
Armstrong Cork, common (interim)
25c
9- 1
4% convertible preferred (quar.)
•
$1
9-15
Artloom Corp.
10c
9- 1
Associated Dry Goods Corp.
*
Common (increased)
35c
9- 1
6%
9-15
8-31
preferred
6%
$3.40
8-15
$$1
Canadian Fairbanks-Morse
Wirebound
preferred
Natural
Atlas
9-15
10-
50c
(quar.)—
___;
1
9-
Canadian
Co.—
Oil Co.,
Fuel
Atlas
8-24
9-15
Paper—
Corp.
9-
Canadian
—
9-10
50c
________
7%
Texas
Canadian
9-15
f
8-10
$25c
8-24
—
8-31
6%
Tennessee
8-31
1
$15c
preferred (quar,)___
Bakeries 5 % preferred-
8%
preferred (quar.)—
7% preferred (quar.)_—
Atchison Topeka & Santa Fe Ry., common
Atlanta Birmingham & Coast 5% pfd.__
Atlantic Refining Co.—_—.—
'
$2
1
$1.75
6%
1
15c
20c
25c
Advance Bag &
10-
6V2%
8-29
8-24
9-
$50.J
Canadian
—
8-23
$1.50
Shepango Valley Water, 6% pfd. (quar.)—_
Simpson's Ltd., 4M2% preferred (quar.)—— $$1.12Vi
$$1,121/2
Sorg Paper, 6% preferred A (accum.)
$1.50
4-6% preferred (accum.)—————
$1
Southern
1
v■8-31
——
8-20
$25c
Inc., common
—
8-
1
.
1
9-15
$1.75
preferred
Schiff. Company
8-15
Ry.—
—
!___—i
(quar.)
(quar.)
——
Princess; Shop, Inc., pfd. (initial quar.)—
Pyrpne Manufacturing Co.—
Reynolds Tobacco, 3.60% pfd. (initial)—_
St. Joseph Lead Co,-J—:__.i__-
$-3
1
<
lf/'o ^preferred
Prentice-Hall,
1
8-21
—
8-31
■,
$20c
(interim)
(quar.)
6
9-
10-
$1.75
—;—;
participating
Participating
Arkansas
1_.
..
Class B
8-
$2
(quar.)_.__
(accum.)__
Ltd.
(quar.)___________^
9- 1
9-15
(accum.)
'i
Co., Ltd.—
Class A
9-29
common
Arkansas
8-20
20c
—
Co._
Powell River Co., Ltd
,
9-
.(<.•».
30c
_
Wire & Cable
$1.75
-
■8-24
■
$1
$3
8-17
7
9-
'
,.
9-1
(irreg.)
Mining
Farms,
Extra
8-15
6
9-
20c
Corporation
Canada
8-14*
$1.75
Mining
Mills
Coppef
Arden
8-15
1
$1?50
Phiico
(quar.)_
8-30
9-1
8-31
(first payment since 1917).
Archer-Danicls-Midland
8-15
10-1
_■
___
Pierce Governor
Vinegars, Ltd.
9-12
20c
$1.50
preferred
Ltd. (quar.)___.
—
preferred
Anglo-Canadian Telephone
Anheuser-Busch, Inc.
6
8-
1
9-
Andes
8-15
1
8-15
10-
Philadelphia Germantown &p Norristown RR,
Quarterly;
!
1;
)
Philadelphia Suburban Transportation (quar.)
—
Canada-Malting Co..
6J/2%
10c
Anchor Post Fence Co., 6%
6%
preferred (quar.)
8-25
40c
& Co.__
9-20
75c
Copper
Duck
Anchor
8-20
tl5c
(Charles)
10- 1
(quar.)
Anaconda
8-25
9-24
9-10
(quar.)
_
Canada and Dominion Sugar,
$1.50
Foundries
Woolen, 7%
Common
4
1
1
9-1
Ott.?wa
*\
8-
9-
9-25
(s-a)_
Pfizer
8-15
10-
133/4c
.
Norfolk & Washington Steamboat Co.
'
8-21
1
50c
,
National Standard Co,
(quar.)—
Method Laundry, 6Vi% pfd. (accum.)
9-20
American Zinc, Lead & Smelting Co.—
Co.—
Insurance
(quar.)
9-
B
American
^
$4
1
Cement
15c
______
Class
9-20
10-
\
8-31
9-15
$$1.25
1-
5
8-15*
1
9-15
Canada
25c
Refining, 7% pfd. (quar.)__
American Thermometer, $5.50 pfd. (quar.)_
American
Tobacco, common (quar.)
9-
9-12
9-20
common.—
American Sugar
4
10c
50C
Steel
American
9-
50c
25c
(quar.)——
American Seating Co.
(irreg.)_
American Smelting & Refining Co. com,
9-15
50c
1
(s-a)__
preferred
8-17
25c
10-
—
convertible
4M>%
8-31
Insurance—
Campbell1 Wyant & Cannon
of Illinois-—
preferred (quar.)
•.
American Rolling Mill Co.,
25c
Foundry_______
8-15
75c
-
9-
Extra
Canada
7%
preferred A
Line, Inc., $4
9-
4
2
9-15
___,
1
9-15
8-25
2
8-
15c
Corp.
9-
9-15
9-15
12-15
9-20
$1,121/2
Transportation (quar.)
Tool
Life
50c
5c
.
Machine
States
35c
$3c
(quar.)—;
California-Western
Co.
8-18
8-
1
(quarj
8-15
Co.
9-
1
9-
common
8-15
pfd.
1
News
preferred (accum.)
Molson'-s Brewery
Power
.9- 1
7%
9-
(quar.)—
(bi-monthly)
American Paper Goods, 7% pfd. (quar.)—
7% preferred (quar.}____
American Public Serv. Co., 7% pfd. (accum.)
American Radiator & Standard Sanitary—
5
9-
50c
Electric
9-
Co.
$1.50
(quar.)
9-
$1.75
California
,
Water
8-3
IOC
15C
(quar.)___
4
Meter
7
preferred
Cotton Mills
American
30c
Mengel Company
4V2%
6
$1.12 Vn
Burroughs Adding Machine
Brothers, common
(quar.
8-17
California
American
8
8-15
8-16
7
9-
8-15
1
65 3/5c
9-15
10- 1
8-28
9-
8-
1
9-
(quar.)—
common
BurtonrDixie
9-
$1.75
(quar.)_____.
4Vi% preferred (quar.)-.
—i,—
Matthiessen & Hegeler Zinc—
Miners
preferred
1
9-
(quar,)_,
8-31
9-29
—
common
Merchants &
6%
9-
25c
Co.
Mining & Con¬
Butler
9-11
10c
*
;
r
5c
9-
9-
12 Vic
(irreg.)
$1.50
(Newark, N. J.)
9-15
9-
8-15
-12M2C
common..—!
preferred
Co.,
1
8-15
30c
(quar,)-—
Ltd._
Masonite
Co.
9-14
50c
——•
9-15
Extra
4
9-
Butler
8-17
8-30
$1.25
.
pfd. (quar.)_
——
9-10
1
10-
50c
Products
Home
American Insurance
9
$1.50
(quar.)
preferred
Macassa Mines,
Corp,,
1
75C
common
7%
convertible
8-17
Ltd.
30C
75c
25c
(quar.)
Extra :
Lincoln Stores,
'
9-11
9-11
(quar.)_
8-27
Sullivan
&
centrating
8-29
45c
Burlington Mills Corp.,
4% preferred
40c
$1.183/4
Corp.
(monthly)
American Ice Co. 6% preferred (irreg.)—__
American Indemnity
Co.„_—:
9-15
9-
21»/4C
2iy»c
(quar.)——-i-
& Felt
1
8-15
8-25
12'/2C
(quar.)_
62Mjc
25c
.
Corp.
(M. H.)
pfd.
9-
8-17*
1
2c
(quar.)-
9-12
Co.
Hill
8-24
9-
$1.25
(quar.)—
9-20
Co
Forge
Fund,
Bunker
25c
(quar.)_
Bolt
Buffalo
Bullock
12Mzc
(quar.)_
Buffalo
9-21*
$1.75
common
6
9-21*
1
9-15
$1.50
1st
6%
8-25
1
$2.50
6% pfd. (quar.)_
Cigar Machinery (quar.) —
conv.
9-10
10-
25c
_
Lamson Machine
preferred
American
$1.12y»
.
(quar.)_———
5%
& Electric,
preferred
& Machine
9-15
1
10- 2
68%c
common
Die
1
9-
1
9-15
10-
20C
;
—
prior
$5
Buell
American Hide & Leather Co.—
.
Co., common (quar.)__—
Corp.
Co.,
$1.25
10-
$1
'
!——
•
25C
preferred
Budd
•
■
,
preferred (quar.)
$6 2nd preferred (quar.)
$1.50
pfd.
Hoe
8-
8-20
10-
(quar.)
(quar.)___
Pipe Line Co
(Edward G.) Manufacturing—
$5
7
$3
preferred (quar.)
preferred (quar.)_
$3
Insurance—
$6
&
7
9-
8-15
8-15
9-15
com.
Buckeye
1
9-
1
$1.75
$2.50
8
9-
9-15
Fork
American General Corp. $2
8-24
1
$2.50
$2.50
Johns-Manville
Munson
9-10
6%
Municipal Water,
Monarch
4%%
8-15
1
9-
10-
•
.
International
77o
10-
(accum.)—
Oil
Lamston
American
8-21
Stores
&
1
1
International Paper,
Jones
9-
American Hair
(quar,)—.———
Hathaway Manufacturing (quar.)——
Heileman (G.) Brewing Co.—
Illinois
1
50c
preferred
Howard
9-29
9-
1
10-
4c
pfd. (accum.)'_
6%
1
10-
75c
Pr.
9-15
10-
$1.75
$7 preferred
9-
9-
Power,
Foreign
9-29
of Bee.
9-15
$10c
(quar.)
Brunswick-Balke-Collender Co.,
8-20
75c
20c
._
l/'16th share of Class B stock—
or
1
9-
Mills, Ltd.
9-15
$lOc
Silk
Extra
9-14
20c
Louis)
—
BruCk
6
10-15
50c
20c
(accum.)
American Forging & Socket—
$1.50
Hammermill Paper
Honolulu
9-15
10-
Cash
American &
$$1.37
$$1.37
(accum.), optional (44/I000th
stock or cash)——
Mountain
4Mi %
1
$20c
common
Rutgers Fire
&
8-26
preferred'(accum.)————
of
2nd
5%
Green
8-25
8-26
25c
General Shareholdings Corp.—
share
9-15
9-15
$1.75
Corp.-.
1
9-15
(St.
9-1
10-1
75c
...
$$1.25
common
Reinsurance
$6 preferred
8-25
25c
Fireproofing
/
8-
Corp. (quar.)—.—
Co., common——
American
General
.'
8-15
(quar.)-——-,————
General
General
8-22
9-15
,
8-15
f25c
5%
7%
1
9-20
Insurance
preferred
8-
Payable
Share
Name of Company
8-10
9- 5
t$1.50
Co., common
(quar.)
American Business Shares, Inc.——
American Can Co. 7% preferred (quar.)—
American Car & Foundry common (irreg.)
7%
preferred
(quar.)___
American Chicle Co. (quar.)_______
American Cities Power & Light Corp.—
$2.75 Class A (opt. div. series) of 1936.
6%
8-10
8-15
•1:25c
—-
(quar.)____—__^—
Co.,
Power
8-30
9-
62y2c
A—
—
$$2
Bank Note
15c
(quar.)-—preferred (quar.)—-—
5Vz7o
preferred (quar.)
—
Gatineau
Automobile
American
8-16
25c
——
(quar.)_^———•
Corp.
American
5
(initial quar.)
preferred
B
Foster Wheeler
5
9-
50c
of Canada,
Co.
Motor
Class
9-
1
75c
(quar.)
(quar.)
$2.50 preferred
Ford
1
10-
: 50c
Federal Mining & Smelting
First Colony Corp.,
1
10-
$8
'
Pood
8-21
$1.50
Semi-annual
Coe
9-
8-31
$1.50
6%
Faber
9-10
10c
Eastman
•.
8-24
_______—
(quar.).
common
ofReo.
Holder*
When
Per
Holder1
Payable
Share
6% preferred (quar.)—
Amalgamated Leather 6% conv. pfd. (accum.)
American Arch
(irreg.)—
American Asphalt Roof Corp. (quar.)
8-24
I
Ltd.,
Aluminium,
8-25
25c
Company
Name of Company
of Ret.
j'i9-
When«
per
Holaert
9-8
25c
Corporation, common————
preferred (initial quar.)
l
Dictaphone
1
Payable
Monday, August 20, 1945
20c
$2
30c
10
8-17,
9-15
8-31
$50c
8-31
25c
8-20
30c
9-29
9-15
25C
9-15
8-25*
933/4C
10-
1
7-30
-.i
8-
4
9-15
f
162
Number 4413
'
>
'AAA A-'/.
THE COMMERCIAL & FINANCIAL CHRONICLE
"
Per
A'Fer,:^-;,v
Name of Company
8-15
General
9-
20c
(quar.)_—
1
8-15
8-31
:
9-
8-21"
7
20c
prior preferred (quar.)
Corrugated Paper Box, Ltd. 7% pfd. (quar.)
9-1
9-1
8-22
9-1
8-22
9-
General
8-22
$1
75c
.
———
$3
8-31
$$1.75
1
.
:
,
Crum
&
&
Insurance
Culver Si
Extra
Port
9-15
9-1
8-18
Shares
Grace
i
9-15
8-31
W.)
7%
pfd.
8-31*
1
8-13
Great
Eastern Fire
9-29
9-18
Great
Lakes
Northern
preferred
(s-a)
Paper
8-15
Green
9-29
9-15
Cananea
12Vic
11-15
11- 5 7
,
..
.
&
pfd. (quar.)
7%
$1.12Vi
9- 1
Delaware & Bound Brook RR.
Delaware
&
Hudson Co.
Delaware Power
Co.
(quar.)—
Oil
9-
1
Hale
Hallnor
Hamilton
9-1
8-10 7
Hamilton
9-10
$1
9-
9-20
10-31
9-29
1
preferred
9-10
Hanley
8-17
7%
5c
$1.25
—
J'-.—A
6%
5%
preference
Dominion
Douglas
(W.
L.)
Shoe
Dow Drug Co....
Dresser Industries,
$1
pfd.—
6%
Hart-Carter
Hartman
preferred
Inc.
(quar.)
8-18
1st
9-15
9-
9-10
1
Hershey
-
8-20
Hewitt
9-20
Heyden Chemical Corp.,
9-15
4%
preferred
15c
9-10
8-25
4%
preferred
$1.50
9-
1
8-11
$1.75
9-
1
8-11
$3.50
9-15
9-
t25c
9-1
8-14
Hibbard, Spencer,
(Monthly)
(Monthly)
(Monthly)
75c
8-25
8-
Hilo Electric
Electrolux
Natural
Common
__A_
Hires
8-25
8-15
pfd.
pfd.
9-
99-
10-
1
$1.50
r
(accum.)
10- 1
75c
9-
(quar.)—_
$1.25
$1.25
Extra
Co.
Sugar Co.
Falstaff Brewing
of
Porto
Ccrp.,
Rico
(quar.)
common
$5
$5
preferred
preferred
.Quarterly
Federal Grain,
9-14
Federal
Ltd.,
6Vi%
Co.
of
pfd.
N.
y
8-11
9-
1
8-11
9-
1
8-15 '
3-30
9-21
10-
1
8-16
9-29
12-15
10- t
8-18
9-15
7-31*
$1.75
30c
Pawners
10-15
Society
pfd.
7%. preferred
9-15
9-10
8-17
8-15
25c
17Vie
9-
1
9- 1
•
12-
1
8-20
9-1
8-15
1
$2.75
preferred
Extra
6%
9-1
8-14
8-20
10-
1
1
"
9-
30c
-
:
9-29
9-12*
9-1Q
Jones
$2
(
5%
10-
1
9-15
9-15
9-
1
Corp.,
common....
$5 preferred (quar.)
9-29
8-14
9-
8
7-31
9-
1
8-20
9-
40c
(quar.).
$1.75
40c
Co..
-
prefererd
9-29
9-
1
8-16
9-12
8-20
1
8-15
35c
10-15
9-24
25c
9-1
8-15
$1
50c
—-
37 Vic
common
(quar.)
9-
Co.
30c
-_7._7—
30C
1
—
9-10
9-
$1.25
I
Kentucky
9-20
9-
$1.06 »/4
—
50c
10-
6
9-
1
—
$1.25
10-
1
9-
1
—
$1.25
10-
1
9-
1
11-
1
10-18
9-15
10c
8-14
Kerr
9-
1
8-30
7-24
8-30 >
7-24
11-25
11-10
30c
11-25
11-10
75c
9-10
8-16
$1.25
11-1
10-8
;
7%
Addison Gold
8-31
5%
Mines
Corp.
convertible
(quar.)
(interim)
$6 non-cumulative preferred
(D. Emil)
Co., Inc.
f5c
20c
(quar.)
Kinney (G. R.) $5 prior pfd. (accum.)
Kinney Manufacturing Co., common
Klein
87yac
25C
common
preferred
(quar.)_
(quar.)
35c
...
43%c
I.
7%
7%
9-15
128-
1
25c
8-28
10-
1
9-15
10-
1
9-5
9-1
30c
12- 5
12- 1
25c
$1.50
8-24
9-15
9-
$1.50
25C
9-15
r-4 O
f
rf ■;
9-
1
9-20
9-1
12-
(quar.)...
8-21
0-13
$1.62Vi
...
pfd.
pfd.
(quar.)
Co.,
A
8-13
8-20
1
9-29
10-
&
Co.
;
15c
9-15
8Vhc
8-31
8-17
9-1
9-15
9-1
8-20
25c
$106
9rio
9.
1
j
9-1
9.
$3725
50c
;
8-20
1
8.20
8-15
9-1
'
Q-io
~"w
Mass?) "(s-a)
$$125
.
(quar.)
$1*20
'
Lis
r
9^
fM
'
in.
.
8-20
-
1
9-
25c
1
lo- 1
914
A.
9-15
gl
1
50c
9-
1
8-10
$2.25
—
12-
1
11-10
12-
1
11-10
12-
1
11-10
$2.25
<g2
common
(quar.)
50c
$1.75
(quar.)
t$l
f$l.75
...
(quar )
(quar.)
(quar.).
Finance
1
9-15
10-1
$1
Mortgage Co.
A
8-27
25c
$1
common
common
9-
•
8-10
9- 5*
;
50c
7.
Ltd., common
(quar.)..
&
9-20
9-4
8-21
50c
(s-a)
9-1
:
1
15c
•
B
(s-a)——
(s-a)
C
Corp., Ltd.,
*3iy4C
$55Vic
10-15
10-
9-
9-15
7
9-
1
7
8-15
9-15
8-15
9-15
A8-31
10-
1
t$1.75
10-
1
t$1.75
;
10-
8-31
"•
8-31
8-31
9-14
8-31
$1.75
...
1
$2
Wheel
10-1
25c
8-31
8-18
30c
9-10
'8-24
9-24
lc
(quar.)
Works
Inc.
3
8-15
9-3
8-15
Corp.—
(quar.)
$7 preferred
9-
lc
Manufactured
Munsingwear,
9-20
9-10
97y2c
(accum.)
common
(Springfield,
Chemical
Water
9-20
9-1
35c
—.
preferred
9-20
;
9-
8iy4c
$1.75
3.90%
1
8-31
&7gcott Corp.—-
Edison
preferred
Muncie
5
9-15
1
$7 preferred
A
12-
$1.50
Extra
1
5
25c
*3.15
50c
Quarterly
8-10
$1
9-
1
A
1
9.1
1
preferred
Mullins
8-15
30c
....
8-31
a-21
T
$1,371/2
Corp. (quar.)
Corp. (quar.)...
Mount Diablo Oil Mining & Development Co.—
9-15
8-
7
9-
10-
Motor
9-17
1
9-
10-
Motor
7-31
9-
15c
$1.50
Morrison Cafeterias
Consoliadted, Inc.—
7% preferred (quar.)..
5
8-20
8-30
$55y2c
•77o
preferred B
(quar.)
Morgan (J. P.) & Co...
9- 5
12-15
8-30
11-28
9-10
20c
10-
preferred
Moore
8-31
11-30
43
25c
Montreal Loan
r
'
pfd.
(Walter) & Co
King-Seeley
15C
15c
junior
9-15
-8-18
.........
$7 class A (quar.).______
Montreal Cottons,
6
—
(quar.)
t—
(quar.)
Utilities
9-30
$1.12Vi
$4 preferred
8-25
8-25
9-15
preferred
$4.50
8-9
$62V4c
Co., common (quar.)
(quar.)
1
Mohawk Carpet
Mills, Inc......
9-15
8-25
9-1
$1.06!4
(s-a)_.
preferred D (quar,)...:
Missouri Utilities
8-20
9-29
25c
(s-a).
(quar.)
Common
9-
8-14
(quar.)
(quarj......^..^
Monsanto
50c
9-8
9. $
$1.31 y4
Montgomery Ward
(quar.)
25c
(quar.)
preferred
$4.50
8-15
(quar.)
4%
11-10
8-11
8-15
8-31
8-25
8-10
1
12-22
8-31
8-25
8-15
9-15
12-
1-2-46
>
1
$1.25
(quar.)—
—
common
pfd.
Monarch Knitting
Co., Ltd.—
7% preferred .7^—....
5%. preferred
Monarch Life Ins.
9-
1
9-21
25c
10-15
*75c
(quar.)
com.
common
common
'
Mfg.
8- 4
1
25c
5% preferred
5%
8-15
10-
25c
preferred B (quar,)
4»A% preferred C (quar.)
8-30
8-
J25c
1
4%
4
9-1*
9-13
350
.
pref. (accum.)
Company
V
Reclaiming $4 pfd. (quar.i
Minneapolis-Honeywell Regulator, common..
7-31
8-
9-15'
$1.62Vi
$1.62»/a
.......
Midvale
8-22*
l
9-
7
ioc
Middlesex Water (quar.)
.
Midland
Oil Corp. $2 conv.
9-10
;
9-
1
88c
I/0 Preferred (quar.)
9-31
$1.50
(quar.)
8-17
9- 7
10-
$1.75
(quar.)...
Metropolitan
7
9-17
1
10-1
25e
(quar.)
(quar.)
8-14
9-
1
9-
$1.50
Midwest Rubber
—
Corp.,
1
10-
8-31
8-15
9-10
9-24
8-17
1
$1.62 ya
A; 9-
9-l»
9-10
$2
Metal Textile Corp. $3.25
partic. pfd.
Metal & Thermit
Corp., common
1
8-31
$1.25
Michigan Sugar Co., 6%
9-
12-22
preferred
Merritt Chapman
8-6
1-2-46
$1
.
9-21
1
Micromatic Hone
Corp.,
1
8-8*
1
9-
8-15
9-
10-
preferred
6y2%
8- 8*
9-1
$2
9-
9-1
250
pfd.
(quar.)—
9-12
Co.,
9-1
9-10
$6 preferred Class A
4y3%
5'/4%
8-14
9-29
8-17
1
42J/2o
8-15
Canada, Ltd
(quar.)
Co,
Johnson
Common
9-15
25c
i__
7%
Steel,
20c
10%
(s-a)
2*
$1
preferred B
5%
8-
8-25
8-25
9-
(quar.).—93%o
8-20
Copper.
Laughlin
preferred A
Kidde
:
&
8-20
8-15
#10-15
9-10
(quar.)
(quar.)
Stores, common
preferred
&
8-10
<
9-10
Corp...
4V<%
1
—
Textbook
&
6
1
;ii- j
20c
Electric Co.
Merck
8-
Kalamazoo Vegetable Parchment Co.—-'
133/4C
$1.75
pfd. A
(accum.)—
Co., inc., common (quar.)—
preferred (quar.)——
25c
—
(quarJ
(final)
(s-a)
4Vir/o
7,-25
^
Water
Johnson
9-20
3
-
(quar.)l
pfd
Tea
9-15
7y2%
Corp.
Jewel
12-20
■
9»:
50c
6% preferred (quar.)
;
6% preferred (quar.).
5% 1st preferred (quar.)
5% 1st preferred (quar.)
Mercantile Stores Co., common
(quar.)
Merchants Ice Si Cold Storage 6%
pfd._
1
$1.50
Supply Co.,
$5 preferred (quar.)
Jantzen Knitting Mills—
5%
preferred (quar.),
22c
—
preferred B
Jamaica
8-20
9-
Co., Ltd.—
registered
(General Motors
8-20
9-1
$1.75
Inc.—
preferred
6V2%
Utilities
Co.
9- 1
:
Silver
convertible
5%
General Bronze Corp.
General Cigar Co., common
7% preferred (quar.)
Ordinary
1
-
(quar)
convertible
9-
50c
$1.12Vi
-
Corp.,
Consolidated
Fireman
10c
(Robert) 6% preferred (quar.)
General Bottlers,
6%
8-20
U5c
Interstate Department
Stores, Inc.' (quar.)
Zntertype Corporation (quar.)
L
Investment Foundation, Ltd.—
'
Iron
12-30
8- 3
8-15
$1.10
redeemable preference
30c
Quarterly
40c
—
(quar.)
>
9-20
8- 4
:
8-31
25c
(quar.)
12yac
(quar.)
Corp.
11-20"
9-29
t37y2c
Colour, Ltd. com. (quar.)
pfd. (quar.)
Co., common
Steel Co.—
International
8-11
7Vi %
Products
preferred
1
3%
(interim)
International Harvester Co.
International Nickel Co. of
8-21
9-
common
rets,
20o
(quar.)_
10-26
9- 1
$1.12Vi
$5.50 preferred class B
(quar.)
!.
Mercantile Acceptance Corp. of
California—
8-11
9-
v
8-17
1
UOc
partic.
Steel
1
25c
dep.
&
conv.
International
9-15
Garrett Corporation
General Baking Co.—
Amer.
Var.
9-
9-
$2.50
preferred (quan).._A....7.-.7...Hill Publishing Co
Mclntyre Porcupine Mines (quar.)..
Mead Corp.,
common..
7
9-
$1
Co._
Ingersoll-Rand Co.
9-19
9-1
$4 preferred (quar.l
$1
Pitt Bridge "Works—25c
Wayne & Jackson RR. Co.—
General Finance
Zinc
5%
Imperial Tobacco Co. of Canada, Ltd.—
Comipon (quar.)
6% preferred (s-a)
Imperial Tobacco of Great Britain &
6%
8-15
9-29
17Vic
(quar.)
8-
40C
-
7
McGraw
8-10
$1.23
——
(quar.)
preferred (accum.)
9-1
Fort
Co.,
1
$1.50
common
$1.12Vi
Fort
General Electric
(quar.)77^,7—
Institutional Securities. Ltd.—
Stock and Bond shares
(irreg.)
Internat'l Business Machcines
8-29
Trailer
9-
9-10
$1.23
Inspiration
15c
4Vi% preferred
(quar.)_—
Fuller Brush Co., 7%
preferred—.
Fundamental Investors,
Inc
:
8-10
10c
9- 1
7%
8-11
8-20
9-10
37y2C
Co.
Department
$3.75
8-10
:
8-20
$5 preferred (quar.).
May
'
Inland
9-12
Freeport Sulphur Co.
1
9-10
$1.75
8-10 '
(s-a)
9-
15c
McClatchy Newspapers, 7% pfd. (quar.)
$1.50
9-15'
15c
preferred
8-15
90c
pfd. (quar.)
9-5
——_
8-15
1
$50c
(quar.)
8-25
$1.75
.»
...
1
9-
$1.25
Corp.—
(quar.)
Co.
Power
International
(quar.)—
9-
45c
1
8-10
'
15c
Massey-Harrls Co., Ltd.—
(N. Y.)—
'9-15
-
?7% preferred (quar.)____
Flintkote Co.. common
55c
Power
$1.50
Fitzsimmons Stores, Ltd.—
8%
preferred
Ireland
9- 5
—40c
Quarterly
Magazine Repeating Razor,
Master
lc
(quar.)—.
9-
8%C
—
1
9-
—500
(quar.)
9-12
&
10-
•
l'-v-<8«T-7
1
t
(quar.)
Square Garden
conv.
1
9-
9-29
Madison
$1.25
8-25
11- 1
7
8-15
7
8-11
30o
(quar.)
Shirt
1
52
9-1
Manhattan
8-31
9-
75c
Company, common
(quar.).
Marshall Field
>:
7
11-
$25e
common
-
8-20
i
75c
(quar.)
Mackintosh-Hemphill
1
9
9-15
50e
preferred
preferred
9-
'25%
Maclaren Power & Paper Co.
(quar.)...
8-15
i
(quar.)
2c
(quar.)
5
1
5
8-
9-15
•
—
preferred
.6Ya%
i
9-10
A
$25c
50c
(quar.)
preferred
Refining Co.
Industrial Silica
•
12-
9-
6Vi%
■
;
6-14
$1.75
(monthly)
Lunkenheimer
9-
35c
7
1
(quar.)
Co., Ltd.—
37 ViO
(quar.)—_
preferred
partic.
preferred (quar.)
Huttig Sash <Sc Door Co.—
5% preferred (quar.)
Imperial
10-10
9-15
15c
Fishman <M. H.) Co., Inc. (quar.)
Fitzsimmons & Connell Dredge & Dock Co-
Gair
&
preferred
Indiana
15c
Firestone Tire & Rubber, 4 Vi%
First Bank' Stock Corp—
Fruehauf
Oil
Illinois
9-15
12-20
t% preferred (quar.)
i_A__;—__
Finance Co. of America at Baltimore—
5Vi%
6%
6%
8-31
State
(quar.)
preferred
Idaho
9-17
9-10
__
12-15
30c
7%
8-15
First
common
Huntington Water Co., 6%
9-20
7-
5
9-1
5
1
1
Aliregular
9-
8-3
10-
1
9-
1
Financial Industrial Fund (irreg.)......
10-16
9-15
30c
(quar.)_
7
Lighting & Power Co. (quar.)
Bay Mining & Smelting (quar.)
Hudson Motor Car (quar.)..
10-
9-
__
9-18
10-26
30c
8-21
9-27
10-15
10-
(quar.)
(quar.).————
9-28
Huramel-Ross Fibre
35c
A
8-31
15c
Houston
8-17
$1.50
B
Co.;—
-
1 i
Inc.
Co.
8-9
10-
(quar.)
pfd.
v
12-21
1
(quar.)
Taylor,
1st
9-1
10-
(monthly)
Gas
12-31
10c
(quar.)
Lorillard (P.) Co., common
(quar.)
7% preferred (quar.)—
Louisiana Land &
Exploration (quar.)
Louisville & Nashville RR.
(quar.),__
8-29
Humble
J$2
(quar.)
8-21
1
&
6%
40c
5
$2.50
(accum.)—
J.
8-31
9-
31C
Lord
8-17
9-10
$1.25
Common
8-17
1
preferred
Lone Star
,
$1.06 y4
11-16
Light & Traction $6 pfd. (quar.)„
Federal-Mogul Corp. (quar.)——
Fentori United, Cleaning & Dyeing Co.—
Class
(irreg.)
9- 1
9-
$1
$1
—
Insurance
Class
■■'A-
preferred (quar.)
(A. C.) Co.—
5%
8-15
$1.25
Federal
8-17
1
8-21
Horn & Hardart Co.
9-14
$1.25
—
8-28
9-
11-21
non-cuin.
(Syracuse,
——
9-15
■■
1
Illinois
—
Common
1
10-
3c
(quar.)-——
9-19
9-
10-15
15c
(quar.)—.
9-29
'A
12-
non-cumulative
=
Farmer, & Traders Life Insurance
8%
25c
;
7%
50c
6% preferred (s-a)
Fanstqel Metallurgical Corp.—
8-14
25c
7.
6%
25c
(quar.)—
9-14
8-25
>8-20
25c
(quar.)
Lock Joint Pipe
Co., 8%
8-20
8-29
9-14
25c
gtd.
5
8-31
1
Class B
50c
common
Electrochemical,
Groceterias,
$1,298
Light, common———7_7'_77:;„.77——
9-14
25c
A-—:
8-15*
9-14*
-
25c
Hooker
25c
(quar.)
—a..——A--A——_—7—.
Fajardo
1
1
1
15c
10c
——
(quar.)
&
9-
12-
8-25
10-
15c
30c
(quar.)—'
—Z
——
Morse
25c
—
Loblaw
Loblaw Groceterias
Class A .(quar.)—
11-
9-
pfd. (quar.)
special
8-11
1
25c
Horn
Original
RR.
9-15
$3
—.—
9-15
8-25
10-
$1.25
Hudson
(quar.)
preferred
1
9-5
25c
Bartlett &
8-15
•;
Little Miami
9-22
:>
t
25c
$4.25
1
10-
9-15
11-15
25c
(quar.)——^
Corp. (quar.)
Liquid Carbonic Corp., com.
4 Vi %
preferred A (quar.)
$1 class A
8-16*
1
$1.25
preferred
Extra,
Co.
10-1
$1
(quar.)
7
Lionel
8-51
5
9-22
$1.12Vi
Linen Service Corp. of Texas—
$5
preferred
(s-a)
6
9-28
1
75c
(Charles
8-21 \
1
$1.25
(quar.)—
preferred
5%
1
9-
(quar.)
1
t
(quar.)—
Lindsay Light & Chemical
Link-Belt Co,;(quajr.)77__»——
8-10
10-
$1 Class- A-.—7.7.—:——
AA.
common
10-15
37y2c
E.) Co. (quar.)
Manufacturing Co., class A
Hollingsworth & Whitney (quar.)
Holt
(Henry) & Co., Inc.—
V
7
5%
Fairbanks
9-11
--.'Common;'
8-17
$1
5%
Inc.,
1/
9-
1
25c
$5.50
Eversharp,
8- 4
9-17
$1.37Vi
$5
7.
9-30
60c
—
Erie Railroad Co.—
5
:■
9-
$1.75
& Walker Dry Goods (quar.)
Empire & Bay State Telegraph Co.—
4% guaranteed (quar.)
Empire District Electric, 5% pfd. (quar.)..
Service
9-
25c
(quar.)—
—
preferred
(quar.)—
$6 preferred (quar.)
Equity Corp. $3
preferred
9-1
10-20
B
10-
$1
7;
Lincoln National Life Insurance Co
Quarterly
:
;
8-31
(quar.)
(quar.)
B
Class
8-15
Hobart
...
7%
8-15
1
9-15
(quar.)
.
8-24
25c
.
9-1
9-
9-1
common
A
class
.
6
8-24
Ely
Engineers Public
1"
48%c
—-——
Gas Co.,
(quar.)
9-13
8-15
8-18
9-
$1
—
8-11
8-18
9-1
9-15
25c
Casualty Insurance Co. of Tennessee—
(stock dividend)
Life Savers Corp.
(quar.)— j.
—■
Liggett & Myers Tobacco, common
(quar.)_
8-11
1
(quar.)—
class
preferred B
$3
Elgin National Watch Co
El Pa»so
5%
46 l/10c
_
Co
Corporation
Co.
Heywood-Wakefield
Ry.—
5% conv. pfd
preferred——__
Rubber
&
1
1
(irreg.)
1
8-15
62Vic
D.) Co., Inc. (quar.)
Fink Products Corp.
&
8-15
9-
(quar.)
10- 1
preferred (accum.)
Hose
Co.
10-15
(quar.)—_
convertible
Creamery
Rubber
(H.
9-1
50C
(quar.)
preferred
9-
Life &
25c
Co.
10c
25o
Lexington Water Co., 7%
Libby-Owens-Ford Glass
$1.12ya
Hecht & Co. 4 Vi %
Hecla Mining Co. (quar.)__
Glass
8-28
25c
(quar.)
8-15
(quar.)
preferred
Hazel-Atlas
8-15
preferred
8-15
$1.75
(quar.)—
8-15
1
(quar.)
1
_——
$2
$1.25
:
Edison Brothers Stores
5%
(quar.)
7-15
37Vic
Steel Products, Ltd.
(quar.)...
Manufacturing Co. (quar.)
Electric
pfd.
7-15 '
8"21
Co.
1
9-
Tobacco
$1.12Vi
Eastern
Eaton
Co., 4V2%
1
1
Lehn
25c
(quar.)
1;A:
1
Lee
7-20
1
$1.50
preferred
1
(quar.)
common
9-
35C,
:
9-
9"
Co.,
9-
$1.06 y4
9-
9-
8-31
9-
Co.—
$1.50
preferred
(quar.)
Hawaiian Pineapple Co., Ltd.,
30c
______
Eastern Massachusetts Street
6%
Chemical
Co.
$2.50
9-15
9-
——
(quar.)
1
62Vic
preferred
(s-a)_.
Tourneau (R. G.), Inc., com.
$4.50 preferred (quar.)—
Leath & Co., common
,
8-15
<
9-
(increased)
6%
8-10
8-31
25C
Co., $3 pfd. (quar.)
preferred (quar.)——
Haverty Furniture Cos. common (quar.)
8-1
15c
A
1
9-15
9-
.
Le
3
25c
(quar.)
7-31
9-15
9-
8-
87y2c
common..
Harrisburg Gas 7%
East St. Louis & Interurban Water Co.—
7%
Co.,
preferred
8-15
9-1
Machine
50c
(quar.)
A.)
1
50c
__—AA-—-^A-t-
(quar.)
(M.
8-25
tl5c
1
9-15
15c
(quar.)
common
25c
prior
8-15
8-31
7_————
(James)
preferred
Harshaw
f50c
__
conv.
9-
$5c
3
8-3
5c
25c
25c
:
25c
$4
—
preferred
Extra
9-10 7,
9-
(M. H.) Inc. (quar.)
Lane-Wells
.
9-1
8-10
10-
Lanett-Bleachery & Dye Works
*7;
Lanston Monotype: Machine—
Lawyers Title Insurance Corp; (Va.)—
8-15
r
v
1
$5c
8-21
8-31
8-
$1.75
pfd. (quar.).
A
9-
1
8-11
$1.75
Co.,'8%
7
7-31
9-
$1.25
9-
7
8-31
30c
common..
Extra
Landis
8-20
$1
7
Lamson & Sessions common
$2.50
preferred
(quar.)
L
8-10
10c
J30c
(interim)
9-7
9-15
„7-
.8-15
20c
10-1
9-1
(quar.)
Common
8
Ltd.—
Dun & Bradstreet common (quar.).——
4Vi%
preferred
(quar.).
Duquesne Light 5% preferred (quar.)...—
Eagle-Pitcher Lead
(quar.):
>
6%
B
Common
-_7
.
2-
10-10
10- 1
$30c
(accum.).:.
—
7 8-10
J$1.25
__
Ltd.-(quar.)
Paper, Class A
Class B
1
,
—
Stores,
Donnacona
9-
10-31
1
9-15
(quar.)
10-1
$1.50
$4.25
preferred
(quar.)
Harbison-Walker Refractories
3-1-46
■
9-
Ltd.
preferred (quar.)
Lamston
8-13
57c
Hanna
25c
62Vic
7,.
ri:
8-10
75c
—7
5%
4
$1.10
:
8-17
1
1
9-
9-15
10-15
$$1.75
Lamaque Gold Mines, Ltd.
9-25
$22yac
8-17 7
9-
75c
6%, participating preferred (s-a)
Cup Co.,
common
Class A (quar.)...
-—\—...
Dominion & Anglo Investment—
Dixie
5% preferred
(quar.
Dominion Bridge Ltd. (quar.)
Dominion-Scottish Investments,
9-1
2
9-
37Vic
9-10
1
$1.50
(quar.)
50c
Class
8-11
■—;4-
(quar.)_-
Class A (quar.)——
Extra
8-
Co., common (quar.).
participating preferred (s-a;
$4.40 pfd.
(quar.)
12-24
1
(quar.)
1
1
(initial)
10-1
;
1
(quar.)
8-20
75c
preferred
25C
Ltd.—
1
9-
Match
9-
7
1
(quar.),
12-24
10-
9-
B
9-
Hancock Oil Co. of California—
8-20
preferred
8-20
9-
Watch Co.,; common
6%
8-28 7
10-
35c
5%
7%
8-16
1
10-
—,
Cotton,
preferred
25c
Class
1
9-
1
Natl. Bank of Brooklyn (s-a)
Lake of the Woods Milling, common
(quar.)_
Lake Superior District Power
Co.,
9-
910-
11-1
Lafayette
Lake Shore Mines,
9-15
50c
$1.50
$1.75
7
,8-16
62y2c
4%
3
30c
Diamond
1
$1.25
Brothers
Derby Gas & Electric Corp
& Mfg. Co. 6%
pfd. (quar.)
(quar.)...
;
8-20
343/bC
Stores, Inc. (quar.)
Mines, Ltd. (quar;)7^-7-
8-20
8-30;',
Dcvoe &
Raynolds class A
9-
25c
Corp.
8-10
4%
preferred
(quar.)__l
-AA
$1
Dentists Supply (N. Y.) V/o pfd. (quar.)..
$1.75
7% preferred (quar.)
—$1.75
Detroit Gasket
8-20
9-15
(quar.)
com.
1st preferred (quar.)
2nd preferred (quar.)
7%
8-10
40c
Hajoca
.
9-1
25c
common
6%
La France Industries 6%
pfd. (initial quar.)
La Salle Wines &
Champagne (irreg.)
8-25
9-10
30c
___
Copper
Corporation
10-10
50c
(quar.)
& Light Co.,
1
9-1
$1
(quar.)
Gulf States UUlities Co.
35c
—
9-
Kroger Grocery & Baking Co.,
25C
Gulf
25c
..
8-10
9-15
'
10c
convertible
75c
<qiiar.)_
Cohn
Co., common {reduced)
preferred (quar.jf
1
8-20
_
&
8-21
9-
8-15
__—
..
Dayton Pwr..<&Light Co., 4l/a%
8-15
9-12
40c
$3
Brewery Co.—
preferred (quar.)
Griggs Cooper. & Co., 5% preferred (quar.)
Common-(quar.)
5V2%
Press, Inc.—
.;';A.',A^'AA:''-;.rA:A;;'A-. .'./A;
<.
4Vi% preferred (quar.)
$1.12Va
9-15
9- 1
Curtis Publishing Co. $4 prior pfd. (quar.)
75c
10- 19- 7
Cushman's Sons, Inc., 7% pfd. (quar.)
$1.75
9? 1
8-17
Darling Stores Corp., 6% preferred (quar.)
37y2c
10- 1
9-21
Decker (Alfred)
8-25
25c
(S. H.) Co
Griesedieck Western
Cuneo
Deere
preferred (quar.)
(S. S.) Co. (quar.)
15c
Kresge
8-15
50c
;
9-15
Kress
15c
(s-a)
Works
"
8-15
9-
$1.75
Insurance
9-15
7-31
7-31
9-15
;
8-14
1
(s-a)
9-25
1
9-
25c
York)
-7(7 5c
common
9-12
9-15
"
8-20
2V2c
Creamery Co.,
of Rec.
8-20
Extra
60c
HolderI
Payable
80
4c
Knudsen
■
9-15
■.
(quar.)
8-31
•„v
_
9- 5
'
When
Share
:
(quar.)
Extra
5
9-27
Knickerbocker Fund
5
50c
(quar.)
(New
Engineering
$1.75
(quar.)
Co.—
RR.
99-
35c
$1.75
Clinton
5
$1.25
Indemnity Co. (N. Y.)w7—
Great Atlantic & Pacific Tea, common
Corp.—
9-
9-15
37y2c
Great American
7%
'
Name of Company
1
9-15
5C
Union Co
9-
11-
9-15
50c
,,
Co
National Bank
Grand
■
(H.
9-15
$2
7%
preferred (quar.)
Cuban-American Sugar,
Gossard
$1.25
8%
Porster
9-1
Manufacturing Co.
Great
Corp., $5 conv. pfd. (quar.)
preferred (quar.)——
Porster,
9-25
56V4c
,
Crum
Gorham
25c
-
Crown Cork & Seal Co., Inc.—
,$2.25 preferred
(quar.)..—
Crown Zellerbach
7-19
87y2c
preferred (quar.)—___—
preferred__—..___
5%
1
93%c
3%%
Crosley Corporation
9-
(s-a)__
Per
of Rec.
11-15
20c
Insurance
(quar.)-^.—
Goodall-Sanford
(quar.)
Goodyear Tire & Rubber, common
$5 preferred
(quar.)
.
A
25c
Co
Marine
&
Holder1
50C
Brewing Co.
25c
_
Fire
When
Payable
50c
and class A
common
Refractories
Goebel
$1.50
—■
on
Gibralter
'
Courtaulds, Ltd.—
2y2%
A
Extra
Share
Advertising 6% pfd. (quar.)
Corp., common
Phoenix
Class
9-28
$4
Ordinary registered (interim)
Crane Company, common (quar.)
Outdoor
General
llz
Cook Paint & Varnish, common
$4 preferred (quar.)_______.
of Rec.
9-1
43%c
-.———
__
Hoilderi
Payable
40c
._——
Continental Motors Corp.—
Continental Mills (irreg.)
When
Share
Name of Company
Continental Casualty Co. (Chgo., 111.) (quar.)
Continental Commercial Corp.—
1% preferred (quar.).—
'
Volume
12-
1
11-10
$2
9-15
9-
50c
8-21
8- 6
1
'
i
Name
«3. C.)
Murphy
(quar.)
A
class
Muskogee
:
$1.50
of America—
(quar.)—-———---(quar.)____-
preferred
preferred
6%
Corporation
Nachman
6W%
pref.
(quar.)
Co.,
Biscuit
National
50c
15c
Lead Co.,
6%
(s-a)
(s-a)
preferred
preferred
$5
$7
National
National
Tea
Nebraska
.*12
preferred (quar.)
Nelsner Bros., Inc. (quar.)
1%
Casualty (N. Y.)
Corp. class A
Amsterdam
Bedford
New
England .Water Light & Power
New
(quar.)
preferred
5,10#-
New York Stocks, Inc.—
_
Series
Industry
Agricultural
110
Stock Series—---.—--—--—80
Industry Series—
8c
Series-
Insurance
Machinery
Extra
Extra
'
.—*
—;
Series
Industry
Extra
—
—
3c
10c
7c
15c,
6c
7c
10c
19c
5c
Series
Industry
Utility
Public
Extra
.
5c
ixc
20c
Series—-.————
Metals
Oil
9c
10c
•
——
—•——
Series
Railroad
Extra
—-——
•.
—
•-
——---.—
Industry Series
—
Series—
Tobacco
Industry Series——
—Diversified Investment Fund—
Diversified Speculative Shares
——
Newberry (J. J.) Co., 5% pfd. A' (quar.)—
Newport News Shipbuilding & Dry Dock—
Railroad
Equip.
Steel Industry
preferred
convertible
$5
,
Ltd.
Weaving,
Wire
$2.50
30c
$1.50
$1.50
6%
Outboard
Mills
10-15
8-31
:
Extra
8-15
8-30
Reo
9-20
Republic
9-20
9-10
9-10
Rice-Stix Dry
9-
4
9-14
Rolland
9-10
8-10
(quar.)—
Roxy Theatre, Inc., $1.50 pfd. (quar.)
Rubinstein (Helena), Inc., common.
Class A
(quar.)
—
(increased)
15c
Co
$$1.50
(quar.)-
$25c
25c
preferred
$5
San-Nap-Pak
Quarterly
75c
9-15
32c
8-31
16c
8-31
8-15
50c
—
10-1
8-24
9- 1
(Initial semi-annual)
.
(quar.)—
Inc.
9-28
8-25'
9-7
50c
37 '/2c
(quar.)—
&
—
_
San
Co.,
9- 1
9* 1
8-20
9-15
8-31
(quar.)
35c
35c
$1.10
9-15
9-1
10- 1
> 1-2-46
4-1-46
11-15
2-15-46
9- 1
—
common
25c
$1.25
10- 1
10- 1
(quar.)
(quar.)
50c
60c
50c
—__
(quar.)
$1.40 class A
(quar.)—
—
Pennsylvania Electric, $4.40% pid. B
Pennsylvania Glass Sand Corp.—
A
—
8-20
8-20
$$1.75
$1.50
:
Common
(quar.)
8-15
9-1
$$1
.-
Co.,
preferred (quar,)——
(auar.)
(quar.)
com.
'
(quar.)
Stores,
9- 1
$1
10- 1
—$1.25
40c
$1
$1
Inc
—
Coke Co. (quar.)
Peoples Telephone Corp., 4'A% preferred—
Perkins Machine & Gear Co. 7% pfd. (quar.)
Peter Paul. Inc. (quar.)
1
Drug
Peoples Gas Light &
$1.75
$1.75
50c
Pettibone Mulliken Corp.—
——~r___
25c
Pfaudler Co. 6%
preferred (quar.)
$1.50
Phelps-Dodge Corp
—
40c
Philadelphia Co. $5 pfd. (quar.)
__
$1.25
5%
preferred (s-a)_——25c
$6 preferred (quar.)————.
■
$1.50
8-
Seeman
8
12-15
3-15
(R.
11-
5
Shawinigan
2-
5
Sheaffer
8-
1
B.)
Inc.
Water
Pen Co. (quar.)
(W. A.)
8-25
9- 1
9-29
8-10
8-11
•
17'/2C
17Vic
75c
Manufacturing
Corp..————....
(quar.)^
8-11
9-15''
9-
Class
$2.50
8
Simon
Steel
Strapping,
preferred
common
(quar.)
Company
(Wm.) Brewery
Simonds Saw &
8-20
-
(quar.)
Sivyer Steel Castings Co
Skelly Oil Co
8-10
Smith
8-21
(Howard)
Common
8-17
9-
1
8-10
9-
1
-
11-1
11-1
10-19*
10-39*
9-15
8-20
'
9-1
8- 6
9-20
8-10
$10c
9-1
8-1
$20c
75c
20c
9- 1
9-15
9-11
25c
$1.12Vi
9- 1
10- 1
10c
75c
8-25
8-27
8-27
9-14
8-15
9-1
8- 9
9-14
7-20
8-16
8-16
8-16
7-31
Paper Mills,
(quar.)
9-15
8-15
9- 1
9-15
9- 1
15c
62'/2c
25c
2c
9- 1
9- 1
8-20
8-20
9- 5
8-15
9-14
8-31
7-31
50c
___>
9-15
8-24
8-24
8-27
8-13
8- 1
$1
Ltd.—
$25o
(s-a)
_________
10-30
9-29
$$1.50
!
Socony-Vacuum Oil Co., Inc.
Aircraft Co.
8-15
9-1
8-15
8-10
10- 1
Co
9-
50c
Furniture
(D.
Acid Wks.
1
9-10
$1
$1.25
9-29
9-15
$1.25
12-29
12-15
40c
9- 1
9- 1
8-Ia
(auar.)
AW-
8-15
12»/2c
—
8-31
8-20
12'/2C
Corp.
8-31
8-20
$1.50
10-20
9-29
25c
15c
9-15
9-15
8-18*
8-31
9- 1
8-10
$1.62'/2
9-1
8-11
Oil Co., Ltd.—
A.)
''
A
participating preferred
(quar.)—
Sun
Machinery Co.—
Co.'(quar.):
Oil
Sunray Oil Corp., 4'/2%
Superior Tool & Die Co
Swan-Finch
6%
Oil
4%
preferred
Swift
8-15
20c
9-
1
25c
Extra
Sullivan
9-
1
8-15
8-25
8-15
37'Ac
;
25c
9-1
8-16
5C
8-30
8-20
10c
37'/2c
9-1
8-15
9-
1
8-15
40c
10-
1
9-1
40c
9-
1
8-15
8-20
8-10
—
2nd
pfd.
(quar.)
8-24
9-15
45c
pid. (quar.)—
conv.
(quar.)
^
&
Swift International
25c
.
Gold
Mines, Ltd. (quar.).*
Syracuse Transit Corp., common
Talcott
5'/2%
50c
preferred
Haute
Water
Works
l
8-15
1
11-15
25c
—
7%
912-
37%
Technicolor, Inc.
Teck-Hughes Gold Mines (interim)
Terre
1
50c
(James)
10-
{3c
Common
7-28
8-20
9-
:
{5c
■\-
l
8-15
8-28
Corp.—
preferred
(quar.)
$1.75
g_
1
Company
(quar.)
50c
10-
l
Texas
Gulf
Texas
Southeastern
Producing Co....
Gas
15c
(initial).
preferred
Water
Extra
Timken
Title
Roller
American
Trane
10-22
25c
conv.
preferred
Bearing.__.__
Corp. of St. Louis
g.
t
8-10
1st preferred
8-25
5qc
9.
5
8-31
8-21
5%
g.
7
8-
pfd. <quar.)_
{65J/2c
9-
7
h
8-20
25c
8-25
(interim)
25c
1"
(quar.)
Coal
9-15
9.15
,
(irreg.)I
Trinity Universal Insurance Co.
Co.,
8-15
$150
(quar.)
9-
8-
1
3
1
8-20
25c
common
11-15
11-10
25c
9-10
8-30
$1.37'A
9-15
9-
isc
5'/a % preferred (quar.)
Trustee Standard Oil SharesB
1
8-10
35c
Company, common.
Series
1
9-
1
Co., Ltd.—
rets
Elevators, Ltd., 5'A%
Truax-Traer
9-
g_i5
9-
iqc
~
deposit
9-15
J5C
—
Inc., $1.40
Tobacco Securities Trust
Toronto
1
(quar.)
(quar.)
Insurance
11-
5c
Co.
—_—....
Tilo Roofing Co.,
Common
8-15
$1
Oil
8-20
1
(quar.)
Associated
9- 7
9-
62'Ac
Incorp., $2.50 prior pref. fquar.)..
Thompson Products, Inc.* common
4%
8-11
g-31
ioc
Textron
Tide
r«
'wm.
10-1;
Texas
j
7-31
8-31
(irreg.)—
4
Twentieth Century-Fox Film Corp.—
Common
(quar.)
preferred (quar.)
preferred (quar.)——
Twin City Rapid Transit, 7% pfd. (accum.)
Underwood Corporation
50c
10-
I
$1.50
conv.
37'/2c
10-
1
$4.50
prior
$l.i2ya
Union
Bag & Paper Corp..
8-31
9-15
$175
10-
8-31
1
9-20
ggc
8 ««
9-14*
*5c
9-24
9-14
66%c
q-in
8-20
—
Union Oil Co. of California—
$3.75
preferred
Union Tank
Car
United
Air
United
Aircraft
United
5%
Lines
Biscuit
6%
United
5%
50c
(quar.)__
$1 25
Co.
of
Amer.
(quar.)
Coal
com.
(quar.)
'
8-16
1
8-16
o-m
8-24
175c
m-
1
0-10
jti
Q
.
7-17
Growers, Ltd.—
preferred A
Illuminating
non-cum.
United
1
o
o5c
8-15
9-
25c
J
Cos
8-17
8-10.
1
9-1
—$1 25
Fuel Investments, Ltd.—
class A preferred (quar.)
Grain
9-1
9-
$1.12V2
Corp., 5% conv. pfd. (quar.)
Electric
United
(initial)__
A
CoA^i4'/2% preferred
preferred
United
8- 1
8-31
25c
Steel Co
6fe preferred (quar.)
Solar
8-10
8-31*
50c
B
8-31
8-25
8-20
9-12
50c
—
Simmons
9-21
12-15
$1
-
Signode
12-31
9-10
75c
Extra
prefererd (initial quar.)
Signal Oil & Gas Co. class A
/
9-20
12-20
12-30
9-30
25c
-
Sherwin-Williams, common
9-15
10-1
9-10
10- 1
9- 1
10- 1
25c
$1.50
$23c
50c
Co
Power
Extra
9-15
10- 1
10-15
9-1
....
(increased)
Servel, Inc., commc-n (quar.)..
———
$4.50 preferred
(quar.)
———»
Semler
9-15
9-15
9- 1
9-10
8-20
9- 1
—
Candy Shops (quar.)...—
Brothers, Inc. (quar.)—
4%
____________
& Power,
(s-a)
(Laura)
Secord
8-31
Pennsylvania State Water Corp.—
Water
Assn.
(quar.)
partic pfd.
Ltd. 4%
Sheller
—
Remedial Loan
8-15
(Dallas) (stock dividend33'/3%
Scott Paper Co., common (quar.).
45c
$4 preferred (quar.)—
$1
$4.50 preferred (quar.)—.—--—
$1.12V2
Seaboard Oil Co. (Del.) (quar.)
25c
Seaboard Surety Co.—
30c
Seagrave Corp., 5% preferred (quar.)
$1.25
Sears Roebuck & Co.
(quar.)
75c
Second Canadian International Investment
8-15
25c
(quar.)
—
6% preferred (quar.)
Manufacturing (quar.)
....
Francisco
9- 1
Sanger Bros.
$1.37%
Reel, comomn..
(quar.)
(quar.)
8-20
15c
—
Joseph Water Co.,
St.
$1.75
(accum.)
Shops
8-15
9-11
8-15
8-15
9-15
8-15
9-10
7-11
25c
$1.12y2
20c
8-31
9-20
9-20
$1.50
————
preferred
8-15
9-15
9-15
8-25
50c
25c
Rustless Iron &
...—
(quar.)
$5
10-15
10-15
8-24
37Vic
8-20
9- 4
31'Ac
(interim)—
——
Class
>
9-10
;—
7-31
9-20
4
71c
preferred
conv.
Stoker
Stuart
8-10
9-15
8-31
common
6% prior preference A (quar.).—
Stromberg-Carlson Co. 6'/2% pfd. (quar,)._
9- 5
8-25
9-15
9-
1
8-15
Strawbridge & Clothier—
9- 7
9-7
10-1
{$1.50
50c
Inc.
_——
Ohio,
Wholesale Phosphate &
$6
Russell-Berg
of
——
8-15
8-15
Saco-Lowell
Co.
preferred
Extra
8-31
9- 1
9- 1
9- 1
9-20
9- 1
9- 1
10-1
9- 1
10- l
9-15
Ltd.———,
& Manufacturing
Common
Peoples
9-25
8-10
25c
40c
50c
preferred!—.
Storkline
10-19
$1.25
$1.50
9- 7
—15c
25c
common-—
Telephone
preferred
11- 1
9-15
10--1
10- 1
9-10
9-
9-15
50c
(quar.)
Standard
Rochester Gas & Electric Corp.—
series E (quar.)
—
series D (quar.)——;
Paper, Ltd., 6% preferred (quar.).
25c
9- 1
9- 1
10- 1
9- 1
9-15
9-10
(quar.).___.
9-20
9-21
$1.75
California
of
Indiana
9-28
8-20
Steel
Oil
4y»%
8-15
40c
*$$1.25
(quar.)
—
Standard
8-25
9-5
60c
preferred
8-1
11- 1
9- 1
Ruppert (Jacob)
common (Initial)——j_—
4V2%' preferred (initial quar.).;—
__
of
8-30
Corp.—
9-1
12- 1
10- 1
8-29
$1.121/2
preferred (quar.)—
7% pfd. (quar.)
Co.
Oil
9-1
10-15
9-15
Stecher-Traung Lithograph Corp.—
5% preferred (quar.)
5% preferred (quar.)
Sterling Drug. Inc. new com. (initial quar.)
Stonega Coal & Coke Co. (quar.)
8-21
Bros.,
convertible
Oil
5
25c
Seal
Sylvanite
9- 1
6%
&
9-
8-18
30c
$1.12y2
common.
9-20
$1.75
preferred
preferred
36ViC
___U
.■
Inc.,
preferred (quar.)
Cap
7-31
(Detroit)—»
8-23
8-20
Roos
Insurance
Standard
v
9- 5
8-14
50c
• $1
9-30
9-15
5%
$1.12y2
(quar.)
common
9-13
50c
:——
45c
Standard Chemical, 5% preferred (quar.)..
Standard-Coosa-Thatcher Co. (quar.)
Standard Dredging $1.60 pfd. (quar.)
5%
8-15
75c
Company —:
9-15
9-10
8-25
9-15
9-12
11- I
25c
Cdmpany (quar.)
Co., Ltd.—
Dep. ctfs. (reduced)
Sylvania Industrial Corp. (quar.)—
$L.75
$$1.75
.1
.
preferred (quar.).
Peabody Coal 6% pfd. (accum.)—
$7
9- 1
—
(quar.)_
preferred (quar.)
—
8-15
Standard Paving & Materials—
9-7
9- 1
9- 1
9- 1
8-30
8-15
Myers, Inc.—participating preferred (accum.)—
Robertshaw Thermostat, preferred (quar.)—
1st" preferred
9- 1
10- 1
9- 1
{25c
(quar.)
7%
Pennsylvania
10- 1
9-15
9-15
9-15
9-10
9- 1
25c
$1.50
Ltd.—
.—.
$5.50 preferred (quar.)
Manufacturing, common
5%
7-20
75c
$1.75
9-29
Pictures,
Common
8-31
9-15
8-25
71c
Goods Co., common
1
8-20
$1.50
(quar.)
preferred
Accident
Extra
9-10
8-17
8- 1
8-31
11- 1
11- 1
8-15
9-
(quar.).
preferred—:
$2
& Sons,
Standard
8- 6
8-10
9- 1
10- 1
10- 1
,9-10
2nd
$4.50
R.)
Standard
8-15
8-15
10-1
9- 1
30c
$1.12Vi
37Vic
30c
(R. J.) Tobacco—
3.60%
preferred
(initial)..—
Rheem Manuiacturing Co. (quar.)———
87'Ac
(quar.)
Portland Cement
4'A%
Rig
.
8-30
8-30
8-24
15c
15c
40c
25c
(quar.)
—~—_____________
class
(quar.)—
Insurance Co. of Texas
Republic Investors Fund—
6% preferred A (quar.)
6% preferred B (quar.)—.—
9- 1
pfd.
6%
Paton
$1.40
————
$1.50
Service
Parker Rust Proof Co
Peninsular
Motors. Inc.
9- 1
(increased)
Parkersburg
9- 1
9- 1
(accum.)— $$1.62Vi
Richardson
Aircraft,
Parker Pen Co.
v
pfd.
(E.
$1.60
Bobbins &
shares
Paramount
9-15 i
$1.25
6V2%
Ltd.
Remington Rand, Inc., common (quar.)
$4.50 preferred (quar.)——.
9- 1
Co.—
25c
(.quar.)
Grain,
Reliance
6
8-15
10-15
10c
$40c
$406
non-cum.
Preferred
9-1
9-
35c
Co.—
50c
25c
(quar.)
—
preferred (quar.I.
$1.60 non-cum. preferred (quar.)
Reliance Electric & Engineering Co., com.—
$1.60
Pantepec Oil Co. of Venezuela—
American
10-1
9-29
9-29
9-15
8-22
9-1
8-15
10-11
.$4; preferred
Standard
8-15
9-15
8-15
9-15
8-15
8-15
8-15
8-15
8-15
3
8-27*
8-15
9- 1
9-15
25c
Service
Kellogg & Sons
$4.50
Regent Knitting Mills, Ltd.—
8-15
(quar.)
;_
(Dallas)-r-
preferred
Standard Brands,
,
1st preferred
8-21
Marine
Pacific
9-1
■
Co._;—
Bit
Roller
Reed
Co.
Quarterly
9-10
9-10
8-4
9-14
9-14
9-14
9-14
:
9-20
9-
9-17
75c
30c
75c
Investors
Standard
.
8-15
& Electric
Paper
Reading Co.—
4 %
non-cumulative
(quar.)
Public
Inc.,
Squibb
-
9-1
10- 1
9- 1
10- 1
9- 1
7 Vic
—
8-15
Co.
Oxford
—
—
Ray-O-Vac Co. (quar.)
—
Raytheon Manufacturing Co.—
6%
preferred (quar.)__
9-10
(quar.)
&
Car
(quar.)
9-1
9-1
preferred
Ottawa
—-
9-12
Co.____
Manufacturing
Spiegel,
9-20
9-20
8-22
9-10
10- 1
>
10-15
31'Ac
Co., Ltd.—
preferred (quar.)
Co.
convertible
Spencer
8-14
9-20
$1.50
25c
$25c
87'/2C
2V2c
10c
37Vic
35c
25c
(Pittsburgh), common—
preferred (quar.)
—
Rapid Electrotype Co., common
Rath Packing Co.
8%
$1
$1
50c
—
(quar.)
Co.
Elevator
Otis
Rand's
8-25
8-25
8-25
8-25
8-25
8-25
8-25
8-25
60c
—
(s-a)-—
pfd.
Industries
Olin
8-25
8-25
7%
(quar.)—
preferred
6%
8-15
8-15
$1.25
40c
Bakeries Corp. (quar.)—
Quaker Oats Co., 6% preferred (quar.)—...
Quaker State Oil Refining Corp. (quar.)
Quebec Power Co.
(quar.)—.
Radio Corp. of America, $3.50 pfd. (quar.)_
Purity
$$1.50
8-15
8-15
20c
8-15
$1.25
$1.75
50c
$1 50
25c
...
(quar,)———$1.75
preferred
Power
preferred (quar.)
7%
preferred (quar.)
—
Pullman, Inc.
——:—:_i
Punta Alegre Sugar Corp. (initial)
Pure Oil Co., common
1
5%
convertible preferred (quar.).
$5
8-20
9- 1
9- 1
Extra
& Gas—
7%
Pharmacal
Oklahoma Gas
Service Electric
Public
9-15
(quar.)
Sovereign
$ 2
$1.75
$1.25
50c
—
11-15
...
Common
of New Jersey—
(quar.)_—
(quar.)—
(quar.)
(monthly)
6
Scotia Light & Power Co.,
Ohio
preferred
preferred
$5
preferred
6 %
preferred
1%
8-15
8-15
12- 1
3iy4C
37Vic
(quar.)
pfd.
Co..
Pacific
Participating
8-
Ogilvie Flour Mills, common
1%
8%
——
(quar.)—_——..
A
8-24
Pub.
preferred
6%
i——
class
9-10
Norwalk Tire & Rubber Co., com.
Nova
(quar.)
Service Corp.
8-15
Co.'—
5%
Gas
Quarterly
Co! of Indiana, Inc.—
preferred
I
8-15
Power
Natural
Southwestern
25c
$1.25
;
25c
Liberties Gas—
preferred
Norwich
5%
-
■11*
Southwestern Life Insurance
59Vie
Trust
9-12
11-15
8-31
8-25
8-31
9- 1
35c
(quar.)__
participating
Southern
1** i\
8-31
37Vic
Edison
Water,
Southern Pipe Line
Southern Railway
41%c
41 %c
50c
50c
58V3C
(accum.).—_
(N. Y.)
(quar.)
10-1
10-1
10- 1
Nor'western States
1%
Common
Public
8-25
8-25
10- 1
10- 1
&
$5c
$1.50
37y2c
pfd.
75c
71 %c
Northeastern Water Co. .$2
$4 preferred (quar.)
Northwest Airlines, Inc.1%
Public Service
8-25
9-10
9-10
Bank
6#
preferred
Southern
37'/2C
35c
com.—
(quar.)
California
Southern Canada
Reynolds
preferred (quar.)
5%%
preferred (quar.)———
North River Insurance (quar.)
—
Northwestern
7%
8-10
oc
9-14
6%
Northern
6%
1%
9-15
10- 1
(quar.)
North American Car Corp., common (quar.)
$6 1st preferred A (quar.)
$6 1st preferred B (quar.)——
—
North American Co., common (stock div.) —
One
share Pacific Gas & Electric for
every
100 shares held
(Subject to ap¬
proval by the SEC)
——
1
6%
2
8-25
8-25
$$1
(quar.)
Light
preferred
(monthly)
preferred (monthly)
preferred (monthly)
preferred (monthly)
preferred
(monthly)
prefererd {monthly)
5%
8-15
11- 1
9-10
Norfolk & Western Railway Co., com.
:
8-20
8-15
-8-25
8-25
$1.25
$50c
—
6V4C
62Vic
Inc.
*
preferred B
6%
Public Service Co. of Colorado—
5%
9-1
(interim)———-—
Noranda Mines, Ltd.
3
8-25
8-25
8-25
$1.12'/2
{25c
(quar.)
Niagara Lower Arch Bridge (quar.) —
Niagara Share Corp. 4y2% pfd. (quar.)
Niagara
8-
8-10
ft_
50c
——:
Common
;
$1.25
25c
(quar.)
com.
Public
Public "Nat'l
6%
8-15
10-15
10-15
9- 1
10-1
10- 1
10- 1
9-5
9- 1
15c
133/4C
30c
$1.50
(initial)
common
Greyhound Lines,
California
Southern
Southern
8-15
9- 1
9-1
$2.50
Inc.,
Co.,
Bend
Common
9-15
8-21*
8-24
8-17
8-15
7-31
8-15
9- 1
$$1.50
$75c
2nd
Electric
South
(quar.)
Lathe Works,
Southeastern
Spicer
(increased)
8-31
8-25
—-—-—
—-
Merchandising; Series
9- 1
8-21
of Reo
preferred
6%■
1st
5%
8-25
,
30c
6%
10-1
8-3
8-15
8-13
10-1
8-1
9- 1
9- 1»
10-15
$1.50
$1.37'/2
preferred
(quar.)—
preferred (quar.)
——
Corp. of Canada, Ltd.—
1st preferred (quar.)
participating preferred (quar.)—.
B%
7
8-25
8-25
8-25
8-25
—
——-
Industry
Food
„
7c
—-
10c
Alcohol & Dist. Industry Series—
11c
Automobile Industry Series.
;.
6c
Aviation Industry Series—
10c
Bank Stock Series.----—---—6C
Building Supply Industry Series——-—
5c
Business Equip. Industry Series
•
10c
Chemical Industry Series
—
7c
Electrical Equip. Industry Series
7c
Extra
10- 1
9- 1
9- 5
9- 1
8-28
8-31
9- 1
9- 1
55c
Sparks-Withington
8-15
9- 1
10-22
9-1
ffoiaert
Payable-
Soundview
Power Co.—
Pressed Steel Car
8-18
8-11
25c
Food Co.
Pratt
7
9- 1
When
Share
Name of Company
Manufacturing Corp., com. (quar.).—
convertible prefeired..
;——
Pulp Co., common
Solar
9- 1
9-10
8-11
50c
50c
$50c
30o
$1.00
10c
preferred (quar.)
preferred (quar.)
Proprietary Mines, Ltd. (interim)
8-
9-1
9- 1
——
6%
8-17
9-10
50c
$1.50
Co. (quar.)—
York Dock $5 preferred (resumed) i_—
York State Electric & Gas Corp.—
New
Co
Brake
6%
8-25
8-20
$1.27%
Jersey Zinc
New
Air
8-15
8-15
9-1
50c
New
York
50c
6 %
Power
per
f
9- 1
10- 1
9- 1
$1.50
z.
5%%
9-15
,
75c
•
(irreg.)
Assn.—
Rayon
New
America
of
Co.
Potomac Electric
10-15
?'.l
«
Company class B—
A (quar.)
class
Potash
9-30
9-30
50c
20c
Extra
8-27
9- 1
.
'
9-10
9-
Mining Co.___
&
$1.50
8-18
8-27
$1.50
—.—
Poor
8-20
000
$1.50
(quar.)
pfd.
6%
Co.
Polaris
8-10*
9- 8
9-21
Co—
Fire Insurance Co
Power
8-10*
9"
9- 1
15c
25c
Co.iw—----4—"
National Union
8-15
pfd. (quar.)
Pittsburgh Equipment Meter (quar.)
Pittsburgh Steel Co. 5Va% pr. pfd. (accum.)
Pleasant Valley Wine Co
Pittsburgh Coke & Chemical $5
9-28
10- 1
$2.50
$3.50
7
30c
25c
75c
$1.25
25c
$1.37V2
10c
10c
20c
37'/2c
(s-a)
Common
*
8-14*
J*"1®
U- 1
25c
8
9-
9-29
$1.75
$1-50
—
—
Machinery
Rubber
New
12 Vfec
Malleable & Steel Castings——
National
8-10
*
9-10
9-1
A (quar.)
______
B (quar.)__
Service, common (quar.)—
Linen
National
8-11
10-15
9-io
9-10
(quar.)
common
lu-ib
?1-06
35c
$1.12Va
Cylinder Gas Co., com. (quar.)__
preferred
(quar.)
National Dairy Products Corp
—
National Gypsum Co. $4.50 pfd. (quar.)—
preferred
preferred
12- 1
8
11-
«!
4y<%
7%
9- 1
25c
20c
20c
—
National
National
8-
8-22
9- 1
15c
15c
——
Container
7
8-15
30c
Register (quar.)
Corp. (Del.)—
Cash
National
9-
009
(quar.)
common
(quar.)
preferred
7%
National
12-20
1
—
Company
Acme
9-20
,
(quar.)—
—
National Automotive Fibres, com. (resumed)
6%
convertible preferred (quar.)
6%
convertible preferred (quar.)
National
9ft
-
.
8-15
8-11
^oc
_
Utilities-r-.
Nanaimo-Duncan
_
fi-™
»J-50
Philadelphia • Electric <J!o., common—_
$1 preference common (quar:)
Philadelphia Electric Power, 8% pfd. (quar.)
Philadelphia Suburban Water, common
6% 'preferred (quar.)_
u——.
Philadelphia Transportation Co.—
Participating preferred (s-a)
Phillips Petroleum Co.
(quar.)
Photo Engravers & Electrotypers, Ltd. (s-a)
Pillsbury Mills, Inc., com. (quar.)-;
$4 preferred (quar.)—^
Pitney-Bowes, Inc. (quar.)__——_—
Pittsburgh Bessemer ds Like Erie RR. Co.-r
8-15
J»" *
»- l
.
(quar.)
preferred
6Vi
Co.
—~
Mutual Chemical Co.
6%
8-21
9-1
75c
—
Name of Company
of Reo.
Payable
Share
of Re0.
Holiere
When
Pet,
Holdert
Payable
Share
(quar.)—
Co.
When
-> Per
Motor Specialtiesr-
Muskegon
$2
j i
,
of Company
Monday, August 20, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
816
1n" i
c0c
Railways (Del.)—
prior preferred (monthly)
7%
prior preferred (monthly)
6.36% prior preferred (monthly)
2
9-U
~
6.36%
.
United Light &
7%
58Vbo
__________
9- 1
58V'aC
10-
8-15
1
9
53-
J
(monthly)
50c
(monthly)
United N. J. RR. & Canal (quar.)
United
Specialties Co
50c
m
9-15
8-15
m' 1
n" \
preferred
prior
6%
prior
preferred
6%
prior
(monthly)
53c
preferred
U.
S.
U.
S.
4%
Casualty,
S.
U.
Guarantee
non-cum.
Co.
Gypsum Co..
7%
preferred
class
soo
—_
(quar.)._______
common
Quarterly
U.
U.
S.
S.
Playing
9
'
50c
10
Card
Co.
j
$179
in
1
q"9i
40c
(quar.)___
cftr
""
(irreg.)
Printing & Lithograph Co.—
5%
preferred (quar.)
1n
,
,
Q"9i;
S.
U.
S.
8%
United
7%
Rubber
Co.,
non-cum.
States
Steel
preferred
Universal
Universal
62i/2C
common
5f)„
Z2~
1st preferred
Corp.,
(quar.)
Insurance
Co.
Laboratories
$2
common
$2.50
pfd.
1Q.
Q
——
(quar.)_"_
r
"
25c
€2y2c
j
1n
9I10
q
$1
(quar.)
:v8-
1ft
jj^o
9
1
9-12
6
8-10
9-
1
jq.
1
Potash Co.
9-15
9-20
90
$175
(quar.)
U. S. Leather Co., 7% prior preference (quar.)
U. S. Pipe & Foundry (quar.)
;
;
U.
q"i<?
40c
A„
(quar.)
8-15
m~in
$2 50
______
9-15
1
7
9-15
■
9-15
t*
.Volume 162
THE COMMERCIAL & EINANCIAL CHRONICLE
Number 4413
When
i
Name of Company
Universal
Products
Van
Dorn
Van
Raalte
Iron
Works
Co.,
(quar.)
Inc.
.
Steel Co.»—
Vapor Car Heating Co., Inc.—
7% preferred (quar.)
7% preferred (quar.)
Vick Chemical Co.
^ Vicksburg
1
$1
preferred
50c
._
9-1
Warren
Petroleum
(S. D.)
8-31
9-
(quar.)_—
1
1-2-46
12-15
9- 5
8-21
9-
8-15
9-
9-
Chlorine
Whitaker
v
Paper
Co.
1
8-31
9-
75c
8-15
8-
75c
11-15
11-
75c
$1.25
$1.25
2-
1
11-15
25c
9-15
8-15
8-31
8-7
8-31
8-
7
9-15
9-
1
(quar.)
2-15-46
2-15-46
1
1
1
75c
1
11-
1
1
8-17
15c
25c
(Rudolph)
Towne
31VzC
Yates-American
9-20
9-
9-15
99-
50c
Manufacturing Co. (quar.)—
Machine Co., common
1
1
8-20
1
10-
15c
10-10
8-1
50c
9-15
8-18
(quar.)
$1.37 Va
1-
Less
30%
•Transfer
■
tax.
closed
not
15%;
resident
for
tax,
General
10-
1
this
7%.
a
Less British income
-
will
1945—Month—1944
voted
3
of
1945—7 Mos.~1944
recommend
that
50-ft. 6-in. steel automobile
Columbus, O.
Delivery of the new
quarter of 1946.—V., 162, p. 464.
cars
from Ralston
is
electric
week
output
at
the
1945,
of
ended. Aug.
of
601,000
V.
162, p.
11,
kwh.,
or
of
from
the
of
the
the
unsubscribed
and
shares
-
the
a
basic
Bolivar
Re¬
v.::
-
New
in
one
York.—V.
162,
of
cash
noted
subsidiary
$4,399,142
2,972,474
2,436,193
31,085
173,455
190,449
19,862
132,410
119,414
revenues—
2,000
Net
?
'
v"v
3,220
oper.
$485,557
$328,861
$3,082,050
12,355
22,862
112,083
100,742
$497,912
$351,723
$3,194,133
$1,733,790
Drl,755
Pr3,845
Drl8,773
JDr22.569
$496,157
$347,878
$3,175,360
$1,711,221
8,599
8,951
66,873
71,773-
$487,558
$338,927
$3,108,487
$1,639,448
revenues--
communication
Gross
income.
from
$1,633,048
ord.
income
stock
esti¬
the
Net
is $6,125,-
ordinary
income
Extraord.
inc.
(credits)
Cr2,397
Cr74,254
Cr2,930
Extraord.
is $29,000,000.
could not
ord.
Deductions
estimated
companies,
dissolution
8,038
Operating income
Ordinary income—non¬
of
.
and
12.0QO
rev¬
after allowance for
reclassified
stock
the
$6,367,245
413,878
Oth. communication inc.
bonds
stock
common
1945—6 Mos.—1944
$798,906
518,373
con¬
inc.
(chgs.)_
Dr9,575
Dr 150
Dr59,947
Dr8,021
income———
$477,405
$341,174
Dr578.
and
be
offset by
Net
Deducts,
Net
from
inc._
net
$3,122,794
$1,634,357
256,550,
2,272,340
1,193,500
$84,624
348,500
income.
$850,454
$440,857
$128,905
new
^
Opens New Circuit—
Opening
Vienna
York
of
and
and
Mitcheli,
radiotelegraph
new
a
restoration
Berlin
of
direct
between
circuit
radiotelegraph
announced
were
Aug.
on
New
service
Lt.-Col.
by
3
Vice-President
and
General
Manager.
is
limited
at
present
to
government,
circuits
York
between
and"
New
Thompson H.
Traffic
on
both
and soldier;
162, p. 499.
press
communications.—V.
Radio Corp. of America—Finance Manager—
Archibald
debentures due Jan. l, 1951, have
1945, at 100 and interest.
Pay¬
trustee, 100 Broadway,
20,
York Trust Co.,
New
this
RCA
he
Accountant,
has
been
appointed
International
has
been
of
Manager
Division.
associated
with
As
the
a
firm
of
Finance
Certified
of
the
Public
Arthur
Young
Radiomarine Corp. of America-—•Earningsperiod End. June 30—
•
•.
$49,771
$44,124
$285,271
$265,432
expenses-
72,445
88,117
441,003
482,238
Net
oper.
deficit
Oth. communication inc.
$22,674
$43,993
$155,732
625
1,400
7,325
$216,806
8,400
$22,049
$42,593
$148,407
$208,406
79,216
195,635
619,092
1,197,813
income—
$57,167
$153,042
$470,685
$989,407
Ded^s. from ord. inc.
3,196
2,302
32,877
13,810'
$53,971
$150,740
$437,808
$975,597
40,670
121,506
323,200
781,036
$13,301
$29,234
$114,608
$194,561
Operating
Ord.
the
greater
year,
the
than
Gross
the six months' period by
net
voluntary
terminations
$5,776,000—only one-half of 1%
during
to
Pa.,
and
200
1945,
giving the
$37,332,000
aggregating
average
an
policy
Net
for
the
six
ment's
the second
anti-trust
down
discussing
1886,
Capt.
general
Mr.
on
jts
one
that
on
May
as
offer to sell its Pullman Co. stock¬
the proposal was made "on the same,
corporation's
Crawford
RCA
said
in
sale
the
The
an
parent
way
now
the
car
the
in
groups
sleeping
offer to sell its Pullman stockholdings is
proposal made to the railroads
and other
August, 1944, to sell the physical assets
of
company's
to
USNR.
also
has
he
elected Vice-President
been
director.
a
1941,
was
Before entering the Navy
Commercial Manager of
161, p. 2665.
S. Lucey, a director of the company and former Manager of
Grays Harbor Division, has been elected a Vice-President.—V. 161,
2039.'
"
Raytheon Mfg. Co.—To Pay 5% Stock Div.—New Pre¬
ferred Issue
8
development
cash
dividend
inadvisable.
Marshall
adds
peacetime needs
is
being
now
conditions
mitted
fiscal
to
favorable
well
of
that
in
a
satisfactory
such
an
stockholders'
a
ended May 31,
the
is3ue,
additional capital for
of preferred stock
can be arranged and
proposal will be sub¬
issue
terms
a
of the company for the
completed and will be mailed
stockholders' meeting to be
report
1945 is nearly
of
new
meeting.
annual
advance
17, 1945.—V.
Sept.
on
at
stated
for obtaining
sale
for
action
also
year
plan
a
the
If
stockholders
held
that
through
considered.
are
for
was
declared a dividend of 5% in common ..«-tock,,
to common stockholders of record Aug. 24.
Laur¬
President, states that because of capital requirements
of post-war business, directors deem payment of a;
have
Sept.
on
K. Marshall,
ence
for
Being Considered—
directors
The-
payable
It
alternative
and
December,
W.
the
p.
pointed out.
offering
with
in
Communications, Inc.—V. 162, p. 499; V.
Mr.
proposed need not cause
any noticeable
change in .the conduct of the sleeping car business,
and should not occasion objection thereto on the part of the Office
of Defense Transportation and the armed service authorities, it was
this
Schecklen,
F.
Manager
duty
Rayonier, Inc.—New Vice-President—
the railroads.
of
inc._
earned
George
General
active
on
with the separation
1944, in the Govern¬
8,
basis
well
as
net
to comply
year
court
of^ over-all valuation as set forth in our August, 1944,
proposal to sell "to the railroads the equipment and related physical
properties employed in
sleeping car operations."
He said negotiations
are
being actively conducted with "other
interested groups"
and its subsidiaries for the
124,403,000 kwh., a decrease
corresponding. week of 1944.—
stock
by
suit.
the
from
income to
New Official—
of $5,997—highest in the
This action was taken pursuant to the sup¬
by the U. S. District Court on March 22,
17.
corporation
handed
income—
surplus
insurance
entered
decree
ord.
Deducts
force.
Aug.
ord.
total
Proposal to Sell Con¬
Sleeping Car Operating Subsidiary—-
on
deficit
inc.—non-comm._
while
dropped
represents
order
1
.
of
first
increased
life
:
revenues-
oper.
gain
$1,108,803,000,
in
1945—-6 Mos.—1944
oper.
company
etc.)
1945—Month—1944
Total
Total
to a
a
the
force
period
plemental
Steel Car Co.*
scheduled for
of common
Dollar
F.
corporation's
Net
paid-for
announced
covered hopper
according to a post-effective amendment filed
Exchange Commission.
at
company
proceeds
stock,
totaling
together
Advantages
the
162, p. 40.
business.
present proposal
that of last August include the following:
1.
share to Vilas & Hickey.
The firms in¬
they were purchasing. the shares for placement
$13.75
investment' accounts.
Net
of
the
Inc.—Earnings-
deductions—
enue
-
in
insurance
interested
the
of
per
shares
formed
in
"r,
25,568
22,372
All other operating
proposal by this corporation to sell its entire holding of capital
stock in The Pullman Co., its sleeping car operating subsidiary, has
been submitted to the nation's railroads, David A. Crawford, President,
offered, 382,587 shares were taken at the subscription
share Ly holders of warrants which were distributed
to
shareholders.
Of the remaining 30,009 shares, the company sold
10,000 shares at $14.25 per share to Carl M. Loeb, Rhoades & Co., and
20,009
.*?'/..•
,
$1,052,723
taxes___
Uncollectible
Pullman Incorporated—Submits
total
price of $11
and
payment of $3,321,520,
of the new common stock of
amount
which
and
.I \
since
to
trol of Its
has sold to two investment firms for a total of $417,-
shares,
Securities
Of
Operating
increased to $481,990,000 as of
report issued by Pres. M. Albert Linton.
of $16,764,000 during
the first six
Included in the company's outstanding investments
U. S. Government bonds, representing an increase
of
1945.
Effectuation
30,009
412.596
the
stock
the
1945—Month—1944
expenses
and
Philadelphia & Reading Coal & Iron Co.—
624,
for
company's history for any corresponding period.—V. 161, p.
annual
679.
The company
oper.
its
Sept.
on
according
surrenders,
months'
the company
1945, amounted to
0.5 %,
Pennsylvania
in
two
(Expeditionary Force Messages)
the
at
represents
assets."
in
In
for
of
cash
Co.
common
to
years
payment
made
figure
holdings,
'
the
of
Traction
outstanding 15-year 5%
for
Insurance
Philadelphia Electric Co.—Weekly Output—
The
refineries,
30^—
revenues'—
A
cars
'"i
and
Company, Public Accountants, for the past 20 years, devoting
much of his time in that period to the RCA account.—V. 162, p. 252.
assets
30,
(lapses,
158, p. 1074.
on Aug. 7 ordered 100 70-ton, steel,
Greenville
Steel
Car Co.,
Greenville,
company
from
the
:
i
-v:--
Depreciation
for first mortgage and collateral trust bonds,
1974, may now be exchanged for definitive bonds upon
at the Chemical Bank & Trust Co., New York, N. Y.—
$19,633,000
Fere Marquette Ry. Co.—Orders Equipment—
The
1
E.
the
few
$177,592,000
gain
the shareholders to be held Sept. 13 appropriate action be
taken to split up the shares on a five-to-one basis, issuing five new
shares of a par value of $20 each for each present share of the par
value of $100 each.—V.
\\J'
,?
•
oper,
the
$21,100,000
meeting of
)
G.
•'
months
$2,841,943 $19,636,244 $19,381,716
to
'•
'
•>
the Quaker State company acquired the extensive holdings
Forest Oil Corp. north of Bolivar.
^
Bolivar acquisition provides
the Quaker State company
with
Total
and
own
liquidation of
security holders of a reclassified
and Portland Traction.
In this plan, the
stock is reduced $600,000 to give effect to
trustees estimate P. G. E. would 'have to
common
j
>
New
Aug.
91%
RCA Communications
161, p. 1548.
be
Ledger
Pepperell Mfg. Co.—Stock Split Recommended—
cars
to
;
called
June
the company had 130 stores in operation, as com¬
pared with 131 in the corresponding month last year.—V. 162, p. 252.
on
acquired
Period End; June
Assets Increased $16,764,000—
1945,
trustees
has
Total
Provident Mutual Life Insurance Co. of Philadelphia—
Corporation and
$2,906,509
—
i'
i
'
p :'680^-v-;
York, N. Y.—V. 162, p. 139.
are
50-ton,
a
like
a
provides for
which
plan,
All of the
ment
(Continued from page 784)
Sales
corresponding week last year, a
••••'• v—; X'":,V:Cv
1944,
The
E.
161, p. 1886.
been
tax.
Peoples Drug Stores, Inc.—-July Sales—
Period End. July 31—
the
Pressed Steel Car Co., Inc.—Calls Debentures—
dividend.
This
The
class
a
each
Portland
P.
E.
next
presentation
Investment Nevis
July,
of
taxes
the
this
.
In
G.
series due
New
^
P.
Potomac Edison Co.—Definitive Bonds Ready—
In U. S. funds, less 15% Canadian non-residents' tax.
in Canadian funds, tax deductible at the source.
Non¬
tPayable
In
Jamaica "income tax.
books
t Payable
resident
and
for
162, p. 680.
c
company
of the
Co.
Temporary certificates
3%
V.
x
sold
Gas
'
$700,000,
according
Seattle
continue
Traction
distribution, of
distribution
G.
concern.—V.
12-15
50c
com.
P.
in
Service Corp.—Weekly
9-25
2
be
This value indicates that
from
the
the
9-10
10-12
Yosemite
Park & Curry Co
Youngstown Sheet & Tube Co.
6
%
preferred class A
the
fining Co., Bolivar, N. Y., and will assume all obligations of the Bolivar
company.
The
purchase price was reported to be approximately
,
9-20
9-
merged,
The
kwlr.
191,611,000
y
.•
The
of
subsidiary, would
owned by Portland
participation of the first .preferred stockholders
as a class is reduced to only 2.8%
of the total assets.
This is partly
due to the reduced value and partly due to the fact that with the
parent company dissolved,
the claim of the prior preference stock¬
holders in liquidation would be greater than it is in the trustees'
opinion, than were the company reorganized and continued as a going
8-23
12V2c
12V2C
Common
1
10-
20c
.
10-
Portland
and
for
expenses.
stock
of
In
1
1
$5c
—
be
are
would
revenues;
1
9-15
value
par
election
,
amendment
and
increased
1
$1.12l/2
as
E.
G.
allowance
common
pay
with
three
Electric
to
receive
P.
dividends
Another
6
$1.12J/2
to
1, 1948.
Electric would
and approximately 65%
value of
Pepco
1
7-
.
continue
corporations
Jan.
Portland
000, and the value of P. G. E.
8-20
5
8-21
10%
(quar.)
Co
9-
9-
9-15
two
before
owned
Traction.
value
Wright-Hargreaves Mines, Ltd._
Wrigley (Wm.) Jr. Co., common...
&
would
making
mated
10-15
9-
the
$1,500,000, plus or minus net current assets. "
amendments, holders of collateral trusc income
bond,
a
proposed
10-15
$1
._
Vale
of
reorganization
8-11
1
9-
wholly
a
and
the
transferred
recapitalized
after
11-15
11-
_____
by
only 323 new trackless trolley,
construction.—V. 161, p. 772.
1945
Quaker State Oil & Refining Co.—Acquisition—
preference stockholders, as a class, would receive, approxi¬
mately 24% of the new common stocks of each company, and holders
of the first preferred would receive slightly in excess of
11%.
The
plar. indicates that it is based on an over-all value of $36,960,000,
8-15
12-30
for
Portland
Prior
8-4
$1.75
Worthington Pump & Machinery, common._
4%% prior preferred (quar,)__—
Wurlitzer
1
8-15
$1.50
Woolworth (F. W.) & Co., Ltd. ADR (interim)
prior preferred
9-
25c
rights
of
no
Electric.
being,
be
debtor
Portland
8-20
_____
removed
been
of
one
Utility Engineering &
decrease of 0.4%.—V.
interurban
the
$200
the
8-15
9-
the
or
9-15
9-
time
shall
of
8-27
1
voting
General
Portland
from
sideration
8-15
10-
$1.50
*$2.50
have
restrictions
is
for
Electric output of the operating companies served by this corporation
the week ended Aug.
11, 1945 totaled 190,774,000 kwh., as com¬
:*v C '
Co.,
shares
or
It
by WPB
for
pared
to be a holding company.
the
houses
9-15
1
9-10
$1.25
$7 prior preferred (quar.)
Woodall Industries,
Inc._
Woodward Governor Co. (quar.)
conv.
1
9-
of
on
Portland
by
the
Under
10-
Public
to
.
1
$3
62 Vi c
Extra
Wood Newspaper Machinery Corp.—
4V»%
2-
Filed
railway from Portland to Oregon City and
Gresham, Ore.
If the railway is not sold before the merger of P. G. E.
and Pepco, it would be included in the liquidating dividend to stock¬
holders Of PepCO.
^
\ ;l-. C ',.
An
alternative
is
that
the
interurban
railway, shops and car
8-10
Hosiery Co., common (quar.)
material
Board.
authorized
Co.,
operate
11-1
9-
(quar.)
test coach, which was originally ordered by the power
of 1944, is being built at Pullman-Standard's Worces¬
that
now
Production
coaches
plan
For
8-16
1
35c
'
(quar.)
(J.B.) Co., common (quar.)
Williamsport Water Co., $6 pfd. (quar.)
Winnipeg Electric Co., 5% non-cum. pfd
I
cease
8-15
40c
Williams
i,
;
War
stock
also provides for the recapitalization of the Portland
another Portland Electric subsidiary.
It would have
approximately 500,000 shares of no par value new common stock, with
cumulative voting rights, to be distributed to the security holders of
the parent company, bringing about a complete separation of Portland
1
1
preferred
Co.—Amendments
cumulative
until
Co.
plans,
held
Traction
1
.—
plant
Output-
Electric
number
Power
•The
8-15
1
like
a
present
stock
8-17
9-
with
General
would
8-15
25c
White Villa Grocers, Inc., common (s-a)
5% preferred new t quar.)_____—
Wilkes-Barre Lace Manufacturing Co
Winsted
to
6
9-
.
Products
have
Electric
8-15
9-
stock
Portland
11-15
1
1
—
Westvaco
1
5%
new
for
a
recapitalization
give it approximately 1,000,000 new shares of
to
common
8-15
9-
Power
Electric
on
2596.
p.
directors.
8-15
10-
dividend
161,
approval.
amended
plan provides
The
11-15
12-
months'
final
Electric
8-15
1
for
Traction
——
Instrument
before
8-18
8-31
six
to
the plan of reorganization, dated as
of Sept.
1,
been filed in Federal Court, Portland, Ore., and with the
independent trustees of the company.
The SEC must approve
the plans can be submitted to U. S. District Judge James A.
by
Fee
8-15*
1
9-1
—
Electric
1
9-
8-31
Westinghouse Electric Corp.—
New common
(initial)^--—25c
;
New preferred
(initial)—
25c
Westmoreland Coal (quar.)
—
$1
Westmoreland; Inc. (quar,)«_
25c
[a Weston (George). Ltd. 4 Vz % pfd. (quar.)
J $ 1.12 Va
Weston
1
43 %c
——
ter
have
SEC
9-15
v
.
The
company.
company In June
$0.82
Amendments
1945,
8-10
9-15
$1
328,582
Reorganization Plan—
8-10
9-15
10-
deducting
Portland
8-31*
5c
Brake—.
Air
'•After
8-15
12Vic
$22,000,000
' 15,432,000
....
share
common
first
air-conditioned" trolley
coach ever built exclusively for
transportation will be delivered soon to the Georgia Power Co,'
experimental operation in
Atlanta, Ga., it was
announced on
Aug. 9 by Frank L. Murphy, Chief Engineer of the Pullman-Standard
for
;
._—
_____
presently outstanding.—V.
8-10
9-12
12-
(quar.)
preferred A (quar.)
preferred A (quar.)
by
9-15
9-10
$2.50
$1.25
$1.25
(quar.)
(quar.)
Common
stock
Commerce
10-10
1
10-
25c
RR., common
Common
Westinghouse
10-20
$9
22 Vic
Manufacturing Co., common
& Snowdrift Co., Inc.—
Pacific
9-10
10c
preferred
Interstate
the
city
(estimated)
sales
profit
•Earnings per
8-15
9-20
—
Western
1
9-20
75c
—
|Western Auto Supply Co. (qua#s)_
5%
9-20
orders
Net
20c
50c
West Michigan Steel Foundry—
$1.75 preferred (quar.)——;
6%
Total
$1.75
$1.75
25c
Engineering
convertible
by
capital
Co.'s
Pullman
approval
The
Earnings for (J Months Ended June 30, 1945
8-21
t$l
t25c
com.—
Extra
$4
XH. K.) Porter & Co., Inc.—Earninigs—
8-14
40c
5%
preferred
(quar.)
Waukesha Motor Co. (quar.I
Wesson Oil
The
to
Pullman-Standard Car Manufacturing Co.—To Deliver
679.,
:
1
15c
—
152. p.
8
8-24
$1.50
£1.75,
*$1
(quar.)—
units
preferred (s-a)
preferred
(quar.)__
Wentworth
8
9-
9-
$1.25
Participating
Wellman
9-
1
$1
Corp
Warren
5 %
subject
First Air-Cooled Trolley Bus—
Unfilled
—
Washington Railway & Electric Co.,
5%
be
railroad
carrier action in that regard," Mr. Crawford
said*in his May 12 letter, "and any contract by Pullman Incorporated
for the sale of its holdings of stock in the Pullman Co. will be subject
to approval by the Federal Court."—V. 161, p. 2338.
1 and No. 2 wells drilled by Phillips on the same lease
and 1943, respectively, were dry holes of comparatively shallow
1942
depths.—V.
$3
•
(quar.)—
Corp., $3 pfd.
Co
1
10-
"
t20c
(Northam)
.«
in
1
50c
7% ..preferred (quar.)
Warner & Swasey Co.
Warren
9-
10-
$3.50
_
_______$2.50
preferred
7%
still in progress on the
Schoeps No. 3 in the
are
8-15
(quar.)
Watch,
that testing operations
announced
will
of
of
purchase
proposed
railroads
Commission
E.
12-1
Co., common
(quar.)_____
—
(Hiram) G. & W., common (quar.)_
Waltham
is
company's newest "world's deepest" well, the
M. Millican Survey, Brazos County, Texas,
8-20
8-17
9-10
Walgreen
Walker
1
1
$1.75
.
7%
prererred (quar.)
Wabasso Cotton, Ltd.
(quar.)
Wagner Electric Corp. (quar.)
Waite Amulet Mines Ltd. (quar.)
.
99-
12-10
(quar.)
(s-a)—..
-
Schoeps No.
Virginia-Carolina Chemical Corp.—
6%
participating preferred (accum.)«
Virginia Coal & Iron (quar.)
Virginia Elec. & Power Co., $5 pfd. (quar.)
Vogt Manufacturing Corp. (quar.)
Vulcan Detlnning Co., common
I
•It
8-24
7
40c
$1.75
(s-a)
preferred
>
the
Phillips Petroluem Co.—Drills Largest Well—
Shreyeport & Pacific Ry. Co.—
Common
5%
9-
3.
The purchase price also would be reduced through liquidation
by the present owners of items not necessary for continued operation
the sleeping car service.
'.v•
of
"Any
b-30
12-22
15c
:
;
Vanadium-Alloys
Income
8-27
1
50c
—
6%
1-2-46
10-
company's treasury, will be used for redemption; on Sept, 7, of
unpaid principal amount of $9,799,155 .of its general mortgage
bonds outstanding April 30.—V, 162, p. 679..
the
9- 4
9-6
$1
62Vic
62V2C
—
the
of Reo.
9-14
40c
Utica Knitting Co., common
5% prior preferred (quar.)
5% prior preferred (quar.)
Holaert
Payable
Share
Co
per
.
•
VV
..■ •/;
/V
;r>/
$4,626,080 received by the company from sale
with a bank loan of $4,000,000 and cash from
2.
so
average
another
two
Provision
that
liability
railroads
of the
as
compared
with
Railway Express Agency, Inc.—Agreement With Essair
By
The
from
-
to
the
on
is
price
of depreciation.
proposed
years
made
selling
for
railroad-buying
this type
special
group
of rolling stock.
per
car
lower,
resulting
ica's
agreement
newest
between
financing
will
is
not
of
heavyweight cars
assume
an
"inflexible
closed
The
on
airline,
Houston
and
3.
airline
Aug.
new
with
Civil Aeronautics
this
corporation's
_
Air Express Division, Amer-»
Inc.. Inaugurated air express service
Amarillo, Texas, on Aug. 1, the Agency dis-.
Essair,
•
has received a three-year certificate from the
Board to fly express traffic.
One round trip per day
has
Monday, August 20, 1945
THE COMMERCIAL' & FINANCIAL CHRONICLE
*18
Lubbock.
and
air
Current
the Agency
Passenger
points served by Essair,
rates will apply to all
express
27.2%—
express
rose
<
J
,
r
w
-
l(
,,
(
Chesnut.
Calvin
June
30,
Asset
earned income.—.
Gross
securities of the company
to the respective
Asset coverage
per
Gross
at
Gen.
$3.99
of common stock
—
share of preferred stock, series A
share
per
and B,
>
194a
$1,116,469
1943
$742,417
178,675
143,877
124,629
260,648
$722,230
$605,189
$617,788
341,677
366,782
495,995
16,682
13,176
145,439
124,168
operating
72 80
expenses
oper.
Provis.
for
contrib.
trust__
income
taxes
Federal
4V2%
$1,000 collateral'secured
1, 1950—
per
coverage
foi*
Income
of
Statement
"
$31,082
,
Expen&r::::::::::::::::
1?
oq2
883
152
883
280
applic. to income
taxes,
income
for Fed.
Prov.
$27,587
•,
(before profit or loss from trans¬
in securities)—
Net income
actions
Net
$10,358
transactions in secur¬
cost:
———
realized from
profit
ities based upon average
*Loss.r
$6,595
62,724
*113,574
:
Sheet,
1945
30,
June
38,506
32,253
32,041
56,250
*49,975
46,810
(held by custodian),
banks
and
payable, maturing within' six months, $5,560,000;
$34,375;
accounts
payable
and
accrued
items,
participating less reserves, $139,109; reserve for
credit losses, $100,000; deferred income, $229,818; reserve for post-war
developments,
$35,000;
mortgage payable,
$109,239; 5%
cumulative
$1,373,092,
payable,
stock
preferred
$25),
$1,250,000;
common
stock (par $4),
$383,447; total, $8,890,207.—V. 161, p. 2489.
(par
$750,000; earned surplus,
.
capital shares purchased but not received, $4,212;
accrued
taxes, interest and expenses, $9,110;
dividends payable on
preferred stock, $2,338; due for redemption of scrip certificates and
fractions of shares, $847; collateral secured 4!/2 % convertible bonds,
series A,
due Feb. 1, 1950, $332,000; 6%
preferred stock, series A,
convertible (par $10), $47,070; 6% preferred stock, series B (par $10),
$108,800; common stock (par $1), $245,325; capital surplus, $1,094,282;
earned surplus, Dr$470,891; total, $1,373,092.—V. 161, P> 2226.
share
per
have
directors
the
declared
tisual
extra
dividend
of
cents
25
quarterly dividend of 50 cents per share
no par value, both payable Aug. 27 to holders
Like amounts were paid on Feb. 26 and May 25,
the
and
record
of
Aug.
regular
16.
last, and in each quarter during
1944.—V. 161, p. 2339.
.
Sheraton Corp.—Makes Offer to Merge—
Rutland Railroad Co.—June Earnings—
(Includes corporate and trustees'
accounts)
1945—Month—1944
Period End. June 30—
Railway oper. expenses-
made
offer
new
a
of
a
Realty, James
them.
O'Connell,
J.
$72,097
$138,146
160,813
$39,018
$93,273
operations
Railway tax accruals
Equip, rents (net Br)
Jt. facil. rents (net Cr)
149,552
25,756
23,866
4,304
2,401
2,424
26,739
9,995
3,113
13,904
17,483
or
the: Court;
$65,614
$15,841
t$101,551
t$3,918
income
ry. oper.
Other income
2,836
4,765
25,723
28,920
—
10,528
1,242
19,795
1,380
charges—
33,435
33,426
200,589
200,564
$24,487
t$14,062
t$296,212
t$176,942
Miscell. deductions from
[income
""Total fixed
•"Includes interest accrued
outstanding bonds, hut unpaid..
on
Icit.-
'
f
Hearings
i
.
tDef/.
Reorganization—
on
Hearings on the proposed reorganization of the company before an
Interstate
Commerce
Commission
examiner are
to be reopened in
Rutland, Vt., Aug.. 28.
They were adjourned last week because of the
illness of Homer H. Kirby, ICC examiner.
Two plans of reorganization have been offered.
One, submitted by
the Rutland,
calls for a new company with stated capitalization of
$12,084,684.
The other, offered by the preferred stockholders' group
represented by Frank McNulty, recommends a total capitalization of
$15,500,000 for the reorganized company.—V. 162, p. 608.
St. Louis-San Francisco Ry.—Sale of G. M. & O. Stock
The trustee
of
the
road
has
been
by the Federal court
to sell its holdings of stock, in Gulf, Mobile & Ohio RR.,
consisting
of 20,560 Vz common and 833 preferred shares.
authorized
;
Under
prior
a
trustees,
gage
reduction
equipment
with
agreement
the
of
proceeds
outstanding
trust
bondholders'
the
from
equipment
certificates
sale
of
and
committees
stock
mort¬
earmarked
is
for
However,
no
certificates.
trust
outstanding and the funds
presumably will be used for additions and betterments, although no
definite plans have been made.—V. 162, p. 716.
currently
are
Sheraton
the
Under
the
proposal,
U.
Realty
S.
directors
have
declared
stock dividend
a
of 33Vh%
common
on
p%95.
Schenley Distillers Corp.—Stock Split-Up Approved—
The
to
stockholders
split the
Aug. 17.
on.
the
a
be
of
each
for
four
shares
the
of
will
three
have approved the proposal
three, it was announced
,
for
split-up,
increased
from
authorized
Shareholders
value
special meeting
stock
result
a
will
number
5,000,000.
par
As
stock
common
and
at
common
receive
shares
outstanding
1,890,000
four
of
to
from
shares
$3.33 Vb
shares
shares
shares
common
debenture.
or
of
par
of
the
stock
value
of
to
$2 50
stock
now
162,
(The)
608.
p.
Schiff Co.—July Sales Increased 21.03%—
Period End. July 31—,
■;
1945—Month—1944
Bales
——V.
$2,004,854
lo<s,
p.
be
paid
Sept.
The
ruled
Aug.
In
Committee
said
that
30,
1945,
"flat."—V.
to
Mr
1945,
1,
June
on
1,
160,
that
be
the
quoted
"ex-interest"
debentures
shall
Curb
.
to
1%
be
Broadway.
In addition, it is estimated that the
new
company
would borrow $1,000,000 on its secured notes from a
banking institution.—V. 161, p. 773.
Broadway,
and
115
$60,000,000 Debentures Placed
Privately—H. F. Sinclair, President, announced Aug. 17
that all of the outstanding 15-year 3V2% Sinking Fund
Debentures, due June 1, 1951, in the aggregate amount
of $37,250,000, had been called for redemption on Oct.
1, 1945, at 102.
The original amount of this issue was
$50,000,000.
At the same time Mr. Sinclair announced
that the corporation had borrowed from insurance com¬
panies $60,000,000, represented by 2%% debentures
maturing in 20 years.
Sinclair
The
Oil
amount
Corp.
H.
Scott
Radio
Laboratories,
the
first
annual
amount
Dec.
meeting
to
be
held
It
was
also
from
shares at
voted
400,000
to
equal par.
Laboratories,
provide for
common
Inc.—V.
an
shares,
$1
(Aug.
since
14)
increase in
par
The company name
162, -p^
16.
-
the
value,
was
$22,000,000.
This
the corporation a
to
its
date
for
entitled
to
in
Marlin-Mexia
for
these
stock
to
total
authorized
500,000
.
.
Electric
Southwestern
Groups.
pro¬
$1,550,000 of first mort¬
by issuing
properties
$1,015,000
unsubscribed
will
in
be
Electric
the
of
to
shares
of
ratio
for
each
Service.—V.
161,
be
underwritten.
share
one
shares
four
of
rights
subscription
The
stock
common
Southwestern
of
Public
of Southwestern
stock
of common
1888.
p.
Southwestern Public
See
Southwestern
Service
Electric
Service
Co.—Rights—
above.—V.
Co.
162, p.
174.
;; Sovereign Investors, Inc.—Report—
/The
net
asset
with
based
are
value
share
per
taking
of
securities owned
Income for Six
1945,
30,
June
on
$6.42# per shave on Dec. 31,
upon
Statement
from
marketable
$6.91
was
Months
June 30,
Ended
1945
profits
fupon
Convertible 3V2%
$1,086;
of
the
June
due
estate,
for redemption on Oct. 1, next, at 102
first mortgage 15-year bonds due April 1,
First National Bank of Chicago,
corporate trustee, Chicago, 111.—V. 157, p. 1366.
has
company
interest,
in
bank,
in
securities
Sheet,
June
$55,909;
receivable,
for
$387;
called
$29,000 of 4%
Payment will be made at The
interest
Treasury
at
average
total,
but
but
not
not
p.
54,685
$182 679
current
161,
1944
1945
1S45
43,025
milled
Tons
$214,040
55,754
$196,255
1st Quar.
1944
60,782
$253,354
19,075
assets
46,844
22,482
57,905
804,153
$3.80
773,763
$3.06
686,962
669,047
$3.12
$3.22
received,
for Federal
reserve
Corp.—Calls 5%
Bonds—
The corporation has called for redemption on Sept. 8, next, at 104
and interest, all of its outstanding first (closed) mortgage 5% sinking
fund bonds due Dec. 31, 1955.
Payment will be made at The First
National
Bank
Bank
Commerce
of
Holders
full
p.
may
of
Chicago,
in
New
surrender
redemption price, plus
717.
;
trustee,
Chicago,
Orleans,
in New
their
bonds
at
accrued interest
111., or at The National
Orleans, La.
time and receive the
to Sept. 8, 1945.—V. 162,
any
^
and State
f
Dr$52,811; total, $551,826/r-V; 155, p. 2190.
Atlas
Co. above.—V.
Drop Forge
162,
603.
p.
Springfield (Mo.) Water Co.—Refunding Plan-—
The
first
P.
Commission.
S.
take
to
proposes
to
bonds.
the refunding
company
mortgage
of
Approval
The
than
up
a
refund
its
preferred
7%
is
program
sought
and
from
of
amount
stock,
and
$3,400,000
of
Missouri
preferred
bonds to
3%
commission
2%, and the bonds at $103 net to the
its A%
the
The company would issue $194,000 of 5%
like
$3,454,000 of outstanding obligations.
stock would be sold at $105, less a
refund
of
not
more
V
company,
hi
Standard Fire Insurance Co.—Mid-Year Report—
Life Insurance
Aetna
above.—V.
Co,,
161,
607.
p.
120,000 Shares of
Common Stock—
corporation filed Aug. 10 with the SEC a registration statement
120,000 shares of common stock ($1 par).
Shields & Co.
as
the principal underwriter.
Subject to clearance with the SEC it is expected that Shields & Co.
and associated underwriters will make a public offering of the shares
The
covering
named
is
this
late
There
month.
are
at
present
shares
254,348
of
common
outstanding and
the company has no debt nor preferred stock
ranks as one of the largest, in terms of tonnage pro¬
duced, of the independent producers of carbon and alloy steel forgings
Corporation
Its
original
for
railway
for
count
The
products, and still among its most important, are axles
freight and passenger cars.
Standard is believed to ac¬
30%. of the total domestic production of such axles
around
company's several types
the
normal
of
war
was
a
war
after
sales
after
years
products
the
and
of
forgings
company
in
Net
material.
record
sales were
year
2339.
South Coast
real
received, $7,519;
$2,106; accounts
Spicer Mfg. Corp.—Proposed Acquisition—
See
In
2nd Quar.
owned,
$467,648;
stock ($1 par), 883,291; capital surplus, $509,573;
are
used
in
ment, automotive and other industries.
1st Quar.
receivable*
obligation
cost,
$551,826.
purchased
purchased
and
S.
accrued expenses, $1,126;
common
earned surplus,
Sladen Malartie Mines Ltd.—Earnings—
2nd Quar.
$5,680
based
1945
30,
dividends
U.
securities
stock
capital
payable, $185;
taxes, $828;
for
>,
$23,063
marketable securities owned
$608; deferred charges, $508;
Liabilities—Due
stock
Stocks Yards Co.—Partial Redemption—
Sioux City
transaction
Standard Forgings Corp.- -Registers
$37,250,000
debentures
3,796
(before profit from transact's in securities)—
realized from
cost
drafts
$25,680;
due
$9,475
Sinking
outstanding 15-year convertible 3%% sinking
1, 1951, have been called for redemption
on
Oct
1
1945, at 102 and interest.
Payment will be made at The
Chase National Bank of the City of New York, trustee, 11 Broad St.,
New York. N. Y.
1
1 1
The right to convert said debentures will cease at the close of busi¬
ness on Oct.
1,1945.—V. 162, p. 501.
All
42
1945
average
Balance
See
15-Year
of
1,098
;
Net income
Net
*<■
$8,335
Total
^
as
These asset values
1944.
market.
at
securities
1944 income bond interest paid in
Fund Debentures—
common
changed to Scott Radio
Co.
to acquire from Southwestern)
East Central Texas known as the
preferred stock
and
161,180 shares of
common
stock.
The
bond.s
and
preferred stock are to be sold at
competitive bidding and the common stock is to be offered for sub¬
scription to holders of common stock of Southwestern Public Service,
last.
31.
Operating costs per ton
the
'
fix the close of business
common
stockholders of
receive rights to subscribe
organized
was
properties
and
pay
bonds,
gage
the total as It stood on
$11,000,000 from
approximately
of
Redemption
—V.
^nc., below.
was ofiered to the public, H. S. Darr, F. D. Beizef, Walter
Brailsford,
.W. M. Crossland and E. J. Halter were elected directors.
Btock
to
poses
Service Co.
(
to
propose
record
istock of Southwestern Electric Service
Service
Jacksonville
the
position of about $80,000,000
This does not include $14,500,000
of U. S. Government securities.
,/
,
'•
As of December 31, last, the long term debt of the corporation to¬
taled $83,435,000, of which $17,342,000 represented loans and advances
for war projects.
Of these* loans and advances, the smaller amount
is
payable in cash, the remainder being repayable by deliveries of
products
In 1944 the debt was reduced by more than $21,000,000.
In the first six months of 1945 the debt was further reduced in the
Net
Name, etc.
(E. H.) Scott Radio Laboratories, Inc.—Changes Name
—Increases Capitalization—New Directors—
At
this financing, after retirement of
3%%
debentures,
approximates
presently-held cash, will give
of
added
$37,250,000
Operating profit
E.
—
remaining from
Production
1084.
Scott Radio Laboratories, Inc.—New
See
''
company
company
Assets—Cash
on
dealt
by
National
Interest
Exchange
6f
y2
continue
issue
.an
received
be
Republic
the
as
Public
common
Public
this
of
1945,
latter
of
the new common for each share
plan
1951.
1%
($5 per $1,000 debenture)
will
registered holders of 15-year income
of record at the close of business on
Security Rulings of the New York
p.
of
whole
a
will
of
Cash dividends from marketable securities
and
of
to
1951,
debentures
and
as
1975
care
contemplates the merger of Sheraton Corp. and of U. S.
Realty and its subsidiaries, including Trinity Buildings Corp. of New
York.
The new company is to authorize and issue 100,000 shares of
5%
($25 par) cumulative preferred stock, convertible into the new
common, at the option of the holder,
at the rate of three shares of
common
for each
share Of preferred.
The authorized and issued
common stock would be 1,499,335 shares.
It is proposed that
a
$4,000,000 first mortgage be placed on the
Whitehall Building at 17 Battery Place, property adjacent to it, 111
The
The
amounting
on
shares of
stock of the new
Sheraton stock¬
1945—7 Mos.—1944
2o7.
debentures, due
Aug. 31, 1945.
receive 2.2
holders would
$1,656,453 $12,389,710 $11,968,822
Schulte Real Estate Co., Inc.—Interest
Paymentinterest
the
compared
is
fund
Delivery of the new certificates was made, beginning about Aug. 20
the Commercial National Bank & Trust Co. of New York, transfer
.
by
'
•
proposed to exchange one share of common
company for each three shares of U. S. Realty stock.
2,520,000,
2,550,000
held.
agent.—V.
due
in
directors
Aug.
13,
Southwestern
cash
Dividend—
Sanger Bros., Dallas, Tex.—33Vz% Stock
The
*.
purchase
and
Subscription Rights—
The
debenture holders
Trinity
Buildings Corp. first mortgage bondholders, would be
paid cash for 70% of the principal of their claims.
For the balance
of principal and accrued interest to Nov. 1, they would receive $25
par
preferred stock of the new company, bearing cumulative divi¬
dends of 5%
plus 7% shares of common stock, for each $1,000 bond
amount,
fitpek, payable Aug. 20 to holders of record of Aug. 10.—V. 162,
*.
Stock—
Sheraton now held.
Income
Net
$199,940,469
by
It
Net
the
bonds
of
on
,
J
1944
1945
1344
$9,174,267 $203,004,756
$8,304,573
of $1,550,000 first
the company at the
Bank oi Dallas, 1303
Main St., Dallas 2, Texas, up to 10 o'clock a. m., CWT, on Aug. 24,
or by
the company at the offices of and in care of Continental Bank
& Trust Co. of New York, 30 Broad St., New York 15, N. Y., up to
11
o'clock a. m. EWT., of the same day.
Bids for the purchase as
a
whole of an
issue of 10,150 shares of cumulative preferred stock
will be received by the company at the same time and place.
for
Bids
mortgage
offices
and
Net ■ rev. from railway
■
$206,880,398
Jan. 1 to July 31
End. July 31
609.
p.
of Bonds and Preferred
the
with the U. S.
Jan¬
U. S.
and is being' considered
merger
& Improvement Co., superseding a proposal made last
The new offer has not been approved by the trustee of
uary.
1945—6 Mos.—1944
$2,519,532
$2,389,835
2,447,435
2,251,689
,
$416,450
377,432
$486,417
393,144
Railway oper. revenues-
has
Corporation
Realty
earnings
162,
The
the common stock,
on
11 Days
1945
Gross
—V.
1945
1944
$6,939,929 $208,745,108
$5,740,352
Period—
for
(W. A.) Sheaffer Pen Co.—Usual Extra Dividend—
The
earnings-
Southwestern Electric Service Co.- -Bids for Purchase
on
dealers'
$299,219;
$1,820,186
1,189,813
Jan. 1 to Aug. 7
1944
—Week End. Aug. 7—
1945
1945
hand, $1,218,885; U. S. Govt, obliga¬
tions,
at cost plus
accrued interest
($3,200,000 pledged to
secure
notes payable), $3,551,821; notes receivable, $3,944,387; accounts re¬
ceivable, $6;
repossessed
automobiles,
etc.,
$1,132;
cash surrender
value of insurance on life of officer, $27,713; prepaid interest, insur¬
ance,
etc., $22,103; post-war refund of excess profits tax, $2,318;
fixed assets (net), $121,843; total, $8,890,207.
Assets—Cash in
$1,806,943
1,240,477
stock dividend paid.
Balance Sheet, June 30,
Liabilities—Due for
.
stock
stock
dividends
$179,055; dividends and
interest receivable, $3,037; due for securities sold but not delivered,
$35,012; due for common 'shares sold but not delivered, $792; market¬
able securities owned—at cost,
$1,145,784; prepaid expenses, $1,313;
debt discount and expense, $8,098; office furniture and fixtures, $1;
total,
pfd.
Liabilities—Notes
Balance
in banks
Assets—Cash
$182,726
31,615
93,451
$125,503
common
on
•"Exclusive of 20%
205,424
163,100
125,503
$126,168
$171,511
12,488
'
—-:——
debt discount and expense
Amortization of
Divs
12,090
bonds———•
Interest on
income
1944
1945
Income
Net
Dividends.on
Months Ended June 30
Six
the
4,417.74
/.
3,159,487
$303,980
210,935
$293,434
Period-—
con¬
vertible bond, due Feb.
2,517,768
499,113
162, p. 502.
Gross
Asset
1,868,504
566,524
income
$14,973,491
10,635,537 ^
$2,549,483 $15,921,245
1,746,395
10,955,115
$2,728,462
_
Southern Ry.—Gross Earnings-
to
pension
12,000
income
Net
■
empl.
1945—6 Mos.—1944 ,
$2,561,488 $15,993,245 $15,025,491
12,000
72,000
52,000
$2,740,462
rev.
oper,
$835,821
388,598
income
Co.—Earnings—
1945—Month—1944
Operating revenue
Operating expenses
Operating taxes
Net
losses.—— :
oper.
company
revenues
Uncollectible
1944
$749,065
1945
$900,906
Operating
—V.
1945, were as follows:
value
3Q—
this
of
Southern New England Telephone
Interest, insurance costs
and credit
assets applicable
Jr.,
output
Period End, June 30-1-
from the
Securities Acceptance Corp.—Earnings—
9 Mos. Ended June
Inc.—Quarterly Report—
Republic Investors Fund,
The
reorganization
Joseph France and
1
for the week ended Aug. 11, 1945
totaled 2,073,000 kwh., as compared with 2,130,000 kwh. for the cor¬
responding week last year, a decrease of 2.7%.—V. 162, p. 717,
Electric
Judge Chesnut also signed an order requiring that the new securities
dated Jan. 1, 1946, the approximate date for completion of the
reorganization proceedings.
; Both
orders were presented in a petition
committee composed of Otis A, Glazebrook,
S. Ralph Warnken.—V. 162, p. 608.
Co.—Weekly Output—
Southern Colorado Power
Ry.—Hearing Sept. 27—•
consider the designation of five voting trustees in
road has been set for Sept. 27 by Federal Judge
hearing to
reorganized
the
be
shipments,
handled throughout the country during
27.2 % over the same month last year, the corporation s
Air Express Division announced on Aug. 6.
The Agency handled
over 176,700 air express shipments for the
domestic airlines during June as compared with about 138,400 during
that month in 1944.
>■ '
~
Gross revenue jumped 41.4%
for the month with reports from the
Central, Eastern, Southern and Western Departments included in the
estimated figures, the announcement stated.—V. 162, p. 608.
'/
*
f •
\
'
•>.
f
^
y >>'
v
' •
Air
A
W.
said.
June Shipments Rose
June,
Seaboard Air Line
stops at Austin, San Angelo,
service will be instituted later.
the present with
for
scheduled
been
Abilene
volume
addition
sales
in
has
has
1944
produced
amounted
to
,
most
substantial
to
equip¬
,
make
of
its
quantities
$22 493 000
This
for
the ten year period starting in 1935 when
Net income in 1944 was approximately $608 000
$2,187,000.
provision -for renegotiation, or $2.39 per share.
First half 1945
were
$11,569,000 and earnings after taxes were $1 33 a share
for renegotiation.
Dividends have been paid in everv
provision
since 1936.
The company's plant is at Indiana Harbor,
Standard Oil Co. of Indiana—New
Effective
ceeded C.
T.
Sterchi
Aug.
15,
Indiana.
Comptroller
Martin A. McNulty, Assistant Comptroller
suc¬
who resigned as. Comptroller.—V. 162, p. 609.
Bergeson,
Bros.
Stores, Inc.—July Sales
Feriod End. July 31—
Net sales
—
—V.
the farm
-
continued
162, p. 395.
v.
1945—Month—1944
$558,568
$392,548
1945—7 Mos.—1944
$3,868,408
$2,972,708
Volume 162
Number 4413
THE COMMERCIAL & FINANCIAL
CHRONICLE
819!
Stokely-Van Camp, Inc.—10% Stock Dividend—
The
directors
standing
for
Sept.
1945
therefor
to
are
holders
or
declared
16
the
at
as
under
record
the
the
close
of
the
on
out¬
is
shares
payable
to
be
6 Mos. End. June 30—
stock
common
dividend
the
as
Net
issued
Exchange Act of 1934,
Aug. 30 1945. A similar
last year.
Deprec.
inc.
'Cost,
from
1945
and tax__
expense
1944
260,740,026
oper.__
268,487,763
8,213,551
Other
income
Total
cess
profits
Minority
Net
Shs.
and
/ 1942
8,169,585
$459,660
$360,817
305,192
$1.26
$1.26
$1.51
Assets—Cash,
tion
Earnings
401
7,787,132
///•' '
5,711,593
3,122,767
2,838,929
2,838,929
$3.67
$2.67
$1.94
Consolidated
Assets—Cash
.
curities
(less
reserve
for
agencies
in
reserve),
doubtful
of
U.
S.
Balance
banks
and
Sheet,
30,
ferred
contracts
(other
than
income
.
charges,
$793,076;
payable,
$104,848;
notes
$5,709,322; advances
construction
and
Federal
excess
(due
U.
S.
,$472,222;
from
contra),
2W%
leases
on
due
contingencies, $4,017,086;
W.
$1,529,873;
advances
contracts
within
(not
Feb.
due
due
15,
from
1951,
been
of
the
Yerex.—V.
War
year),
the
Bee
V.
162,
named
p.
Vice-President.
; a
in
Costa
Rica
and
by
the
The
directors
the
7%
holders of
record
June
15,
this
while
on
Dec.
Arrearages
.
on
15
and
last,
at
*'He
to
27,
160,
50
Gross
each
$1.45
of
to
at
$28.50
Of
less
and
dividend of
a
the
1945,
were
first
35
three
reported
2490.
p.
cents
share.
amount
of
to
freight
and
.Total
5,508,847
$425,930
Of
Loss
sale
on
Provision
■
of
for
fixed
28,496
$492,642
409,884
225,945
188,410
188,410
70,647
31,315
assets
Federal income
tax—
income—
Nontaxable
.
"
■
j
$38,400
repair
:
profit
Preference stock dividends declared
•Earned
per
for
Cr71,338
$109,738
410,062
shs.-
com.
t$1.91
'
1945
•Net income
after
1944
$84,292
•Net loss
$73,622
charges and taxes.—V.
'
of
'
••'•>'•!
'
of the
two
the
that
this
last
directors
have
approved
from $25 to
capital stock
shares
annual
this
year,
year.
for
The
one.
The
p.
1942
'
*
stock
meeting
to
be
held
company will produce
second largest
on
Sept.
an
vote
19.
It
estimated
output in its history,
The
$32,000 the
year
before.:—V. 160,
p.
war
on
was
all
its
to
$1,205,598,
continue
oper.
tNet
the
par
This
value
also
the stock
Ltd.,
of
1945,
of
sugar
424,000 bags
1672. yy..-y
239
stock
"No
12
to
-
98.452%,
brokers'
a
of
55,766 shares,
decrease
the
so
of
all
by
or
units
'»
and
units
proposal
there
ara
*
1,491 wholesale
and
1,461
wholesale
/
■
and
two
of
the
Kansas
Power
Co.
companies, the name
Light & Telephone Co.,
Western
on
of
the
Inc
—
others
Excess
outstanding
issue
stock
30,
profits
1.552%, on June 30, 1945, against
held March 31, 1945.—V. 162, p. 611.
57,430
Co.
of
sole
New
York,
transfer
140 Broadway,
agent for
the
York,
stock,
With
the
intends
company's
to
acquire
share
new
of
total
the
the
share
a
(no
by
share in
a
shares, 30,191
oil
now
of
been
all
the
are
amounting
to
Verney
outstanding
capital
Verney Taunton Mills, Inc., VCrney Mills
Verney Fabrics Corp., become wholly owned
Corp.
of
which
V~""
ended
Canada,
be
for
the
payable
for
that
June
30, 1944 indicated
applicable to first six months of
1944.
have been payable for the
calendar year
reduction realized in the
latter part of that
year
would
tax
settlement
current
will
Income
of
certain
on
accumulated
taxes
of
lessor
companies.
Income.
operations,
makers
on
has
of
acquired
air
Aug. 2.
the
handling
Sturtevant
B.
and
now
F. Sturtevant Co. of
Boston,
processing equipment, it was
a
wholly owned Westing¬
becomes
subsidiary and will operate as the B. F.
Sturtevant Co
of
Westinghouse
Electric
Corp.
This
acquisition
will '
by exchange of Westinghouse stock
for Sturtevant stock.
management
of
the
Sturtevant
a
Westinghouse about Sept. 1.
In
1944, the Sturtevant company
capitalization
consists
of
25,000
company
will
be
assumed
.
had
shares
sales
of
6%
of
In
ha's
addition
plants
to
the
located
and Gait,
main
in
office
Camden,
bv
-
.
$28,266,835.
cumulative
stock, $50 par, and 20,223 shares of $100
par common
standing.
Assets totaled $16,595,415 at the
end of 1944.
be
Its
preferred
stock
out¬
and
N.
Ontario.
plant at Hyde Park Sturtevant
J.; La Salle, 111.: Berkely
Calif
■'
'*
Unit Also Acquires Two
Concerns—
David M. Salsbury, Vice-President and
General
house
Electric Supply Co., on
Aug. 3 announced
the
Nichols
Electric
Co.
of
purchased
stated
Aug.
on
Supplies,
7
that
Manager of Westing¬
that
Daytori,
his
company
Inc., of Watertown,
has
his
has
further
company
Ohio.
purchased
He
Moore
Electrical
JN. Y.
Pre-Termination Pact Signed—
The
Natfy announces It has signed
Westinghouse Electric Corp.
a
the
sub-contracts
Such
agreements
which would
enable
the
contract
arise
for
Profit
Total
Other
Fed.
if
to
ended.—V.
after
expenses,
income,
plan
162,
in
p.
advance
719,
for
and
exc.
reconversion
of
uncom¬
when
the
(& Subs.)—Earns;
1945
deprec., etc..
deductions
inc.
agreement'*
$2,700,000
designed to settle in advance
principal issues
the contract were
terminated.
One purpose is to
are
company
is
"pre-termination
covering
gyro-stabilizers.
1944
1943
$981,255 t$l,513,039
1,006,067
1,565,244
—4,507
89,116
$4 736 378
4773'761
/
46 149
prof, taxes, etc.-
757,500
1,033,800
*4,291,600
Net profit™
Reserves for post-war adjustments,
$244,060
$442,328
103,200
$436,012
139,400
$244,060
$339,128
$1.52
$2.11
Balance
Earnings
to
war
surplus______
per
♦Includes
common, share
provision
contracts,
while
for
contingencies
excess
profits
and
taxes
adjustment
are
in
$296,612
v
$1.84
prices
of
after
deducting esti¬
mated post-war refund.
tAfter provision for adjustment in prices on
war contracts.—V.
161, p. 2491.
subsidiaries
Simultaneously, Verney Corp. has raised $4,300,000
through private
placement of long-term obligations, preferred and
common stock.
The
proceeds of this financing will be used to
strengthen the. company's
affairs by converting its short-time
borrowing into more permanent
capital and to place the company in a
position to make plant im¬
provements and purchase new plants and
machinery as they become
160,
473.
p.
tax
for the
Gilcrease
properties.
changed
months
operations
tax
taxable
Weston Electrical Instrument
Corp.
Thomas
proceeds,
leases and
12
to
such
the
upon
6 Months Ended June 30—
143,659 shares
$12.50
the
applicable
Whether
division
with
New
common
for
tax
1945.
depend
effected
:
shares, or
preferred stock
30,
will
corporation
house
30, 1945,
Brokers' holdings of preferred stock
of
profits
June
Westinghouse Electric Corp.—Further
Expansion
June
474,865
137,202
9,036,072
after; charges.
^Applicable to prior
years, to write-off unrecoverable
advances made
to certain lessor
companies for payment of their
taxes.—V. 162, p. 290.
to
June
on
796,039
tBefore Federal taxes
were
^////
common
jfc
4,376,886
1945
year
1945—12 Mos.—1944
*
or¬
excess
ended
"
93,157,791 185,462,912 180,037,071
10,926,578
19,565,362
20,513,74!
4,372,000
1,880,000
6,964,00!
3,657,043
9,173,274
7,272,92!
profits tax of $2,285,000,
but
thiough
since
amounted
92,717,060
10,865,386
2,421,000
5,172,925
inc.
extra
Operations
1944
Co.—Earnings-
1945—6 Mos.—1944
taxes_
of
liability for
excess
1945,
shares
adj.
after
reported
1.548%,
2,603
cr
appointed
value.
income
calendar
year.
June
30,
1945,
totaled 3,602,811
■
holdings of
include
available.—V.
retail
the
of
be
revenues
months
for
1,034,595 shares, or 11.887%,
decrease of 3,673 shares since
held
of
and
which
V
x
retail
company
merger
dinary adjustment—.
The
a
corporation, whose name has
has announced the acquisition
Verney
of
162, p. 611.
this
the
income
tFrom
Verney Mills, nc., and Verney Shawmut Mills, Inc.
Consequently,
all the Verney
group
of textile enterprises,
proposal at
further reported
bags
238
were
with
income
SExtraord.
be
to
stockholdings by all others June 30,
30,
Preferred
shares,
it
a
1945—Month—1944
1945—7 Mos—1944
$4,677,000
$4,215,000 $27,654,000 $23,986,000
there
compared
approved
♦Federal
days,
Verney-Brunswick Mills, Inc.—Changes Name, Etc.—
the
against
outstanding
preferred stgck
underwriting discount and commission.
Of the
outstanding and are to be sold In behalf of
stock
split
1945,
year before.—V.
tOperating
.major
pre-war
Texas, which would receive $1,875
Corp.,
660,000
as
while
representing
been
Foundation.
on
(Mo.)—July Sales-
$
Gross
to
production
State
par
both
on
1
-
.
Period End. June 30-
Valley Osage Oil Co.—Registers With SEC—
company has 20 producing oil wells on
its property
with
a
gross
pi'oduction of about
450,000 barrels a year, and oil
.royalties for the fiscal
year
ended
May 31
approximated
$45,000
against
at
progress
5.430% of the issue, compared with
held March 31, 1945.
Foreign holdings
has
vote
cents.—
from
tire
car
post-war than it did in
outstanding,
June
Guaranty Trust
Y.,
to
Co.—Acquisition-
Supply Co.
July 31—
as
a
Balance
in
now
The company on Aug. 14 registered with the SEC
par) class A stock to be offered to the public at
the Gilcrease Oil Co. of
'
proposal to reduce
$12.50 a share and to
will
and
*$77,691
289.
a
stockholder's
facilities
passenger
or
without
17
respectively, of the two corpora¬
$350 per share of
Wellington Sears stock.—
*
1
,
stockholders of
7
pleted
Union Sugar Co.—To
Split Up Shares—
The
26, 50
27
2,018,974
55,911
Stock—Exchange Of¬
Aug.
Presidents,
was
surviving corporation
V, 162, p. 611.
26,
•
or
State
shares, or 1.594%,
N.
*$18,943
162,
' ''
March
The
This
June
selling
(no par) was made on the New York Stock
Exchange,
Aug. 10 at $28 per share, with a commission of 65
cents.
The stock, offered
by White, Weld & Co. was sold in the
'elapsed time of 25 minutes.
There were 119
purchases
by 41 firms; 2,000 was the largest
trade, 10 the smallest—
V. 163, p. 396.
,
production
corporation
shares,
Common
1945.
York
shares,
were
stock
•
1.
and
United Transit Co., Richmond, Va.—Transfer
Agent—
19*43
""
July 31,
Aug.
said.
in
this
names,
shares,
were
com¬
Western Light & Telephone
Co.—Merger Ratified—
.
$1.71
in
1
accounts,
stock,
holdings of common stock by all others June 30,
shares, or 23.198%, and holdings of preferred
Stock by others were 1,338,670
shares, or 37.156%.
Foreign holdings of steel common June 30, 1945, amounted to
472,550
Twentieth Century-Fox Film
Corp.—Special Offering
—A special
offering of 15,000 shares of common
«
tire
■■3":
1945,
$263,970
•
'
accounts
Increase Output—
increase
948,018 shares, (ft 10.893%.
52,511 shares, or 1.458%.
were
—_
Thompson-Starrett Co., Inc.—Earnings—
July 31—
and Dec.
•
names
York
New
$469,001
205,031
205,031
t$86,721
t$0.55'
operating Long Island City warehouse
included
.expense during 1945,
tDeficit.—V. 161, p. 2490.
3 Mos. End.
Sept.
22
follows:
as
75' cents;
program
-1945.
•_
$469,001
-
$118,310
t$300.324
share-
common
its
days will
8,703,252
*Cost of
i
25,
were
lecord
March
on
-I
Period End.
At
The
1945.
31,
5.456%,
available
issue
shares, or 88.113%.
preferred stock outstanding,
the
March
•
Balance
paid
the common
on
of
Lanier,
Sales
outstanding first mortgage sinking fund 5% bonds have
redemption on Sept. 15, next, at 102 and interest.—
-
brokers'
New
Net
turned
tire factories
brokers'
'3,547,045
312,667
reserve
—
this
on
manufacture, he
common
31,
of
Stockholders—
value,
161, p. 1139.
396.
p.
Western Auto
7,668,657
Of
$928,234
146,566
$46,972
Cr71,338
furnace
adjustment
holders
share
each; Sept.
30
stock
•
in
Were
were
Net
.
to
H.
The price paid
tax.
for
to
the
were
$899,738
66,712
__
25
per
reconversion
the
called
shares.
472,724
119,668
$707,341
deductions
profits
at Indianapolis.
Of these, Detroit will
tire-producing unit.—V. 162, p. 610.
Common
1944
$6,881,309
$587,673
—
Sept.
George
162,
Mass.,
5,513,662
*536,943
—-
income
V.
United States Steel Corp.—No. of Stockholders—
in
Total
and
tions.
United Steel Corp., Ltd.—-Calls 5% Bonds—
All of
been
shares
Wellington Sears Co. has been purchased
by West Point' Manufac¬
Co., It was announced
jointly cn Aug. 3 by Charles A. Sweet
'r
excess
tubes
1944,
1945
Increase in
Preferred
1,250,000
290.
turing
pre¬
of
largest
March
•
$1.73
inner
6 Mos. End. June 30
———_
operating profit
.Other income-—-——.—
$1,203,571
$0.88
Falls,
$72.75
$6,476,535
to
and
p.
.
within
the
amounted
Net
$611,930
$0.66
V. 161, p. 1139.
—$12,518,857
10,767,492
1,163,692
Made
of dividends.—V.
arrears
a
post-war enrollment close to 20,000.
company's tire plants are at Detroit; Eau Claire, Wis.;
Chicopee
Mass.; and Los Angeles, and a plant for the manufacture of
the
sales
Selling and admin, -expense?
$457,884
share has been declared
cents
has
company
and
The
y,
allowances—
Be
stock
162,
t2,634,500
for
per
cents
persons in its
he said,
with
share
per
quarters
to
June 30/45
sales—
t476,000
plants, the company will make,.30% more passenger car tires than
before the war, Mr. Smith said.
This program will be
completed and
full capacity attained next
spring, he added. With the accomplishment,
of this program, the
company will employ approximately 40%
more
stock¬
per
disbursed.
was
15,
'
sales,
returns
Cost
J259.000
,
1942
224,065
tire
12 Mos. End.
•
$4,062,136
'
30,
payable
1903.
p.
levels
war
Thatcher Manufacturing
Co.—Earnings—
Period—
1943
$1,440,898
352,968
33% over present output, Herbert E. Smith,
President, announced
on
Aug. 17.
Each succeeding month will see a
steadily stepped-up
output, and by year-end passenger car tire production will reach
was
Assistant
value.—V.
par
Western Union Telegraph
stock,
par
$100, payable Sept.
15
to
A like amount was paid on March 15
and
in
July
161,
1944
278,620
United States Rubber Co.—To
609.
underwriters
declared
Aug. 30.
15,
as
3'
4
$995,504
Federal
payments
In
June
preferred
year,
share.—V.
per
Aug.
first
«"
greater
1945,
V.
Telephone Bond & Share Co.—35-Cent Preferred Div.
on
June
not
50
common
share, leaving
offering
for
1945.
718.
p.
/•!*: 1
by
shares of common offered for
subscription
total of 23,382 shares was taken up at $27
per
public
l
$1.34
with
peace
25.250
a
for
to
profits tax deemed payable.
provision'
value,
par
Under
Of
'
'
1945
t850,500
compares
$10,000,000;
Tappan Stove Co.—Stock Offered—
1,868
'
to
/-/"'v.
stock
from
185.000 shares tot
550,000 shares, and to prohibit reissue of
its first and second
pre¬
ferred stock with the object of
eliminating such issues.
The company on
Aug. 7 stated it was seeking to
simplify its capital
structure through reetirement of
outstanding preferred stock by tha
sale of additional common
stock or by the
offering of common in
exchange for preferred stock.
The
company has outstanding 22,932
shares of fixst preferred stock of
$50 par value and
53,500 shares of
second preferred stock of
$25 par
Foundry Co. (& Subs.)—Earns.—
share.
A dividend of $1
of
one
TACA
162,
$1
stockholders will be asked on
Increase the authorized common
United States Potash Co.—$1 Common Dividend—
no
one
of
;'
the new authorized capital would be as
25-year debentures, $6,395,000 of $100
par
preferred
The
,
'v
plan,
Warner Co.—Plans
fer
S.
renegotiation has been made for the six
1945; the rate of profits on war contracts
than
the
adjusted Tate in the previous
settlement (fiscal year 1942); the
company having been
exempted, for 1943 and 1944.—V. 1{}1, p. 1705.
year), $660,237; reserves for
for sunken vessels,
$1,761,070; minor-
reserve
has
formerly Vice-President
holders,
U.
$935,584
ended
been
renegotiation
affiliated
agency
within
proposed
cumulative
stock
/'!-■?'v.
-
Subsidiary—
merger
Ohio.
of
the
.
stockholders has been called for
Sept. 26 to
plan of reorganization to. be effected
through
with its wholly owned
subsidiary, Ward,
and
$6,395,000 of 5'/2%
5 a/2 %
mon
taxes),
having
$7,825,914; provision for Federal
(after U. S. Treasury obligations held
4class A preferred stock, $9,319,700;
shares,
no
par),
$107,623,564; earned
Scott
value
and
months
of U. S. Govt, under
year), $144,038; tax liability
$37,362
of
proposed
Co.
Under
$450,638;
expenses,
(after
270,504
—
com.
Note—No
TACA Airways, S. A.—New Vice-President—
Lowell
accrued
income
on
$2,056,588
etc.
tIncludes provision
+No Federal excess
$109,204,159;
to
meeting
a
follows:
deducting cost of operating, maintenance of
plants, expenses
general offices, provision for taxes (other than
Federal
sales
for
reserves
per
The
Edward
$845,271;
X'*1
'v,,'
_________
profit
income
stock
(3,134,664.96
surplus,
$37,316,038; treasury common stock (11,897 shares at
cost), jDr$527,358;
total, $223,908,944.—V. 162, p. 503.
President
tax
♦After
of
agency
one
debentures,
(not
ity interests, $3,080;
;
'
V
income
Net
taxes),
taxes
construction
10-year
deposits
•
(see
under
j
$223,908,944.
subscriptions
bonds
Govt,
Baking
obligations
(at
cost),
(net), $1,899,361; inven¬
assets, $849,106; property,
other
special
consolidation
Treasury
receivable
and
taxes
for deprec—
Earns,
$28,799,158;
dividend declared—pre¬
payable—banks,
$6,000,000;
accrued
within
income
profits
total,
for payment of taxes,
$9,005,000), $1,008,128; indebtedness
'companies
(not
current),
$291,449;
employees'
Savings
/.,y -'W
Vo
$38,222
-y
-
..
West Point (Ga.) Mfg.
accounts and notes receivable (after
of
$230,196), $15,854,234;
due
from
$27,014,053; inventories, $28,578,837; cash in
stock,
liabilities,
1945
$108,634;
Liabilities—Accounts
>
Federal
se¬
accounts
Govt.,
deferred
\Vi
income
$1,920,160;
fixed
assets
(after deducting
depreciation, depletion and amortization of $106,049,864),
and
30,
Prov. for estimated Fed.
marketable
A
consider
a
June
of
♦Total
1945
tax,
prepaid
and
1945—6 Mos.—1944,
$21,593
Ward Baking Co—Plans to
Merge
equipment (after reserves for depreciation and
amortiza¬
$1,256,470), $1,884,076; patents, $4; prepaid
expenses, $116,781;
$9,743,793.
Allow,
replacement reserve fund—sunken vessels, $2,246,920;
employees' waxsavings bond account (see contra), $1,529,873; investments (at cost
or less),
$9,541,740; due from U. S. Govt., post-war refund of excess
profits
investments
6 Mos. Ended June 30—
.
$27,117,258;
S.
accounts
United States Pipe &
tIncludes $4,792,730 sale
June
'
"
,
hand,
on
U.
Sheet,
-
3,677,091"
r :;.
$1.13 per share;
or
r.i/.e'-V.V;;::-",
,
Treasury tax
$1,142,268), $2,726,713; reserve for
contingencies, $240,000;
deferred
income, $36,212; common stock (305,192
shares, no par),
$1,220,768;
capital
surplus,
$1,014,373; earned surplus, $3,209,818;
total, $9,743,793,—V. 161, p. 2377.
$1.22
share—
305,192
,
81
■" "/
and
-Liabilities—Accounts payable,
2,838,929
•
Cr8
$3,315,682;
trade notes
renegotiation
——
-11,672,438
-
,
,
of
notes
390
Of capital assets (net),
'j
318,173
Balance
and
total,
3,995,345
380,917
♦Includes estimated Federal income taxes,
;
■
6,092,503
527,049
5,445,035
i
per
8,314,582
$23,227
profits
$1,578,711;
plant
'
stock outstdg.
par)
*
share
excess
1945—3 Mos.—1944
profit
■
consolidated,
$100,073;
50,167
ex-
income--
com.
(no
out-
par)---
j.
ordinary taxes, interest, depreciation and
depletion, but before
Federal taxes.
// V. /
'< /
The Condensed
Operating Statement for Second Quarter of 1945
follows: Gross operating
revenues, $32,649; gross
operating expenses,
$31,386; net operating profit, $1,263; revenue from
rents, royalties,
idle plants, etc.,
$65,715; profit before income
deductions, $66,978;
bond interest, general and
administrative expense, etc., $43,752;
netj
profit, $23,226.—V/ 161, p. 2377.
:
Cr24,627
305,192
per
above.
"After
Consolidated
3,945,178
144,997
5,911,957
180,545
interest—
Period End. June 30—
♦Net
$384,620
177,861,822 122,866,500
5,309,678
taxes—
144,340
305,192
(no
Inc.,
,
250,000
$384,772
stock
com.
Mills,
Virginia Iron Coal & Coke
Co.—Earnings—
$1.18
taxes.
tCanadiam and domestic subsid¬
includes dividend received from
unconsolidated
subsidiary of $24,627 in both years.
^Excludes Canadian
subsidiary.
^Includes provision for renegotiation.
4,219,064
17,712,151
594,288
etc
income
Verney-Brunswick
1,361,417
♦Includes
+4.971,813
income——
Federal
174,515
60,000
„
;
Interest,
152,460
Consol.net/income__
111.
12,740,338
.__■_
143,009
1,735,176
Earnings
6,898,595
income
163,361
1,367,750
tories,
Operating
164,483
§tl,782,350
Shares
239,786,137*253,419,583*167,730,80ini3,611,644
Deprec. and depletion--
t1942V
5,416,483
144,683
,
—
income
standing
1943
Verney Corp.—New Name—Private
Financing—
See
$7,403,114
9,030,533
from
subs._
v:
(& Subs.)—Earnings—
6 Mos. End. June 30—
U943
8,696,759
taxes.
iaries
Sun Oil Co.
Gross
153, p.
U1944
8,530,068
156,904
amort
receiv.
♦Federal
.
Westinghouse Electric Corp .below.—V.
etc.
contingencies
overseas
(B. F.) Sturtevant Co., Boston—Acquired—
See
and
for
sold,
charges—_
sundry
Prov.
Subs.)—Earnings-
$10,997,103t$10,826,072f$ll,813,245
goods
Dividends
regular
quarterly dividend of 25 cents per share was also
declared
on
the
prior
preference
stock,
payable Oct.
1,
1945
to
holders of record Sept. 21.
''
The annual meeting of stockholders will be held in
Indianapolis on
Sept. 19, 1945.—V. 161, p. 2598.
t
':
•
' >
V ■'
'/<•,,
\
V'i'V'
'
*
/
'.
•
'" ,'•
:
of
Net
business
H1945
sales
Cost
on
Securities
of
made on Sept, 20
was
share
one
stock
The
thereafter
soon
at
stoc.k dividend
a
of
rate
outstanding.
registered
of
distribution
The
Aug.
stock
shares
ten
20
stock
oh
common
each
United-Carr Fastener Corp. (&
(William) Whitman Co., Inc.—New Control—
See
National Refining
Co.
above.—V.
Wisconsin Public Service
Electric
totaled
output of this corporation
11,194,000 kwh... as compared
rocnnnHin<y
wfipk
last
vear
an
161, p. 2491.
Corp.—Weekly Outputfor the week ended Aug.
11, 1945
with 10,824,000 kwh. for the cor-
increase
nf
.44"..—V
iko
r>
non
Selected Incoiiie and Balance Sheet
changes, labor
price
Items
Monday, August 20, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
820
the agricultural
conditions,
supply, financial
progtam, and the effect of this report itself upon farmers' actions.
PLANTED ACREAGES
®SS Glass I Hallways for Fetary |Sff0if
Commission
has issued a statement showing the aggregate totals of selected income
and balance sheet items for Class I steam railways in the United
States for the month, of February, 1945 and 1944, and for the two
months ending with February, 1945 and 1944.
These figures are subject, to revision and were compiled from
132 reports representing 136 steam railways. The present statement
excludes returns for Class A switching and terminal companies. The
The Bureau of Statistics
of the Interstate Commerce
report is as follows:
1
•
Net
Income
Total
$146,178,515
29,491,448
100,571,782
175,669,963
2,688,395
2,862,404
5,376,108
4,631,696
for
85,372,689"
97,709,378
171,038,267
194,836,775
13.147.184
11,995,486
24,593,157
24,312,253
32.057,701
fixed1 charges
and
34,476,246
64,450,099
214,380
69,115,260
239,942
89,257,636
93,667,455
81,780,631
101,169,320
roads
leased
for
equipment
•Interest deductions
109,940
119,440
45,314,825
40,057,864
46,591,172
51,118,206
2,679,617
2,359,760
5,355,858
4,720,439
96,448,881
Other deductions
Total fixed
Inc.
charges
charges
37,378,247
26,314,385
54,835,717
52,919,797
19,216,631
Amortization
48,758,446
14,441,297
33,111,418
27,519,342
85,623,660
98,811,681
175,910,679
192,572,763
and
(way
equip.)
and
.structures
76,424,773
27,442,138
income
tNet
Depreciation
C
charges—
fixed
after
Contingent
projects
Federal income taxes-——
stock
16.589,338
18,736,838
20,179,556
preferred stock
URatio of income to
2,745,255
2,516,440
5,341,117
5,080,128
1.88
2.10
1.92
2.08
On
common
On
charges
17,819,556.
fixed
-
.
95,778,000
97.0
19,335,000
19,008,000
Durum
98.3
2,832,000
2,017,000
93.4
16,565,000
40,961,000
2,160,000
17,175,000
Other
16,991,000
S8.9
42,983,000
46,555,000
108.3
14,711,000
14,300,000
12,285,000
85.9
2,915,000
3,052,000
1,482,000
4,175,000
136.8
1,507,000
101.7
16,285,000
89.4
'-■ft-
—
spring
^
_
_
Flaxseed
—
...
.
-
1,120,000
Sorghums for
all purposes
16,435,000
♦♦Class I Railways Not
in
Ail Class!Railways
Receivership or Trusteeship
Balance at end of February
Balance at end of February
,<
,
;
,
1944
1945
Selected Asset Items—
,
1944
1945
•i'-\ 2,893,000
801,000
777,000
715,000
♦Tobacco
1,712,000
1,782,000
2,068,000
2,228,000
1,971,000
88.5
727,000
427,000
58.7
9,120,000
-
.
_
13,564,000
13,236,000
1,665,000
1,500,000
90!
field
dry
....
add'ns & betterments:
>'
.
4,012,000
3,923,000
59,547,000
59,487,000
768,000
99.9
884,000
acreage.
;
•
alone
tGrown
•
bonds,
those
in
for
other
than
,,
580.327,732
$590,559,347
426,851,490
366,912,322
1,136,057,604
Temporary
892,658,493
954,470,190
1,904,600,849
189,082,591
f,419,906,990
182,839,337
380,686
1,493,810,351
169,186,965
208,436
32,274,923
36,334,957
Invest¬
cash
,
ments
-
(Special deposits
1,186,910,252
1,873.842,683
Cash'—.
211,134,741
—
and bills receivable.
Traffic!
and
agents
•
,
■157,794,943
121,917,293
131,438,^236
667,869,295
665,146,467
522,891,399
536.247,284
611,102,177
555,300,371
508,322,104
462,172,371
32,719,758
23,121,582
27,394,926
19,786,516
2.196,830
1,802,969
59,708,886
1,790,029
55,117,510
1,263,435
57,582,974
accounts
are
reported by farmers in a large
area
extending across
half
dozen 'states
a
South
from
and nominal reductions in a
sas,
other
dozen
states
are
indicated.
On the other hand, small
increases
planned in a number of states,
mostly on the Pacific Coast or in
and
57,297,585
4.786.791,542
4,792,090,186
3,765.493,690
3,862,216,326
supplies
dividends
and
'
re-
ceivable
Rents
receivable———-
Other
current
assets
assets
current
Selected
debt
six
within
-
■
■11.185,000
166,767,888
589,748,672
428,421,123
504,032,324
138.114,579
wages payable
Miscellaneous
115,977,303
105,230,642
45,307,365
88,469,927
and
accounts
matured
unpaid..
matured
45,817,322" v.
58.S68.309
unpaid
3 985,208
Unmatured interest accrued
40,404,581
6,851,438
dividends
73,646,402
tax
Analysis
of
32,012,066
29,070,546
25.290.419
liabilities—
22,158,952
20,030,259
1,903,145,251
1,565,693,138
1,633,647,941
166,392,346
109,989,176
123,022,812
3,173,449,656
2,567,094,630
2,683,427,216
146.130,705
liabilities.
accrued
22,672,924
1,857,034,374
liability
current
68,529,500
^ 29,070,546
.
Unmatured rents accrued..
Other "current
3,705,191
71,864,652
de-
Ciared
Accrued
7,131,455
71,^885,273
32,012,066
Unmatured
Total
.
>■
payable
Dividends
2,600,000
175,012,325
,
.
accounts
Interest
7,700,000
206,719,730
505,228,497
(Cr)
Audited
14,888,834
212,349,891
car-service
and
3.063.945,450
which
tax
.Y-^'/v
liability:
Government
Other
than
ernment
U.
taxes.
S.
1,728,523,035
1,771,493,623
1,459,884,891
1,526,578,065
131,651,628
105,808,247
107,069,876
Gov¬
taxes
128.5ll.339
Other unadjusted credits...
r
657,000,792
471,401,817
552,054,949
365,150,517
♦Represents
,
receivership
or
accruals, including the amount in default.
tFor railways not in
trusteeship the net income was as follows: February, 1945 $31 246 280;
February, 1944, $41,135,892; for the two months ended February, 1945' $63 813 529'
two months ended February, 1944, $80,398,742.
tlncludes payments of' principal of
long-term debt (other than long-term debt in default) which will become due-within
six
after close of month
months
1945,
than
of
ilFor railways in receivership and trustee-
report.
th^ati.° was asJollows- February, 1945, 1.60;
1.64;
months, 1944, 1.86.
glncludes obligations which mature not more
year after date of issue.
♦♦Figures include returns of the following carriers
one
which
two
emerged from
Western,
February, 1944, 1.83; two months,
June
1,
receivership
or trusteeship on the dates shown:
Chicago & North
Missouri-Illinois, June l, 1944; Minneapolis, St. Paul & Sault
1944, and Western .Pacific Dec. 29 1944
-
1944;
Ste^Marie, Sept. 1,
as
The
of flarcfi!, 1935
Crop Reporting Board of the U. S, Department of Agricul¬
on March 20, the following report for the United
ture, made public
States
on
the indicated acreages of certain crops in
1945, based upon
reports from farmers in all parts of the country to the Department
on
Or about March 1
The acreages
and
are
based
on
regarding the
for 1945
are
acreage
plans for the 1945
interpretations of reports from
season.
growers
past relationships between such reports and acreages
actually,, planted.
The
purpose
desirable.
The
the
reduced
acreage
report
is
to
assist
growers
acreages
be larger or smaller than
actually planted in 1945
indicated, by
reason
generally
in
expected
or
power
until additional man¬
machinery
becomes
available.
of
producers
of these changes
in acreage are being made.
The
will
to
increase
production is
there but the means are lacking.
Some are cutting back because
their boys have been called or
comments
The
show why some
called for military
to be
expect
The
service.
older
cannot
men
the overload. They are also
less skilled at repairing the power
carry
the
encies
greatest reductions in acreage
seem likely to be in some of the
least productive areas.
Present
indications
harder to
are
to
help
on
Few of the
called
the farms in emerg¬
are now
feel
farmers
to
secure.
who could formerly be
men
available and most
compelled
combination
a
of
to
crops
shift
and
that
the; really livestock which will spread the
productive land will be closely work, with no peak loads greater
are
and produc¬
utilized in all states,
prospects appear better than
usual for this time of year. Fruits
for
started
to
safety, and
bloom
no
too
early
information is
but if
available regarding cotton,
conditions are average,
output of other crops
equal the excellent showing
growing
total
the
could
made last year.
.
out their March
and their family groups
handle.
This is an individual
than they
can
that each farmer must
problem
solve
himself
for
it
cases
means
in
but
practices
cropping
customary
many
towards
return
a
where these have been disturbed
acreage
restrictions, or by efforts to raise
crops needed by war conditions.
Labor shortages are
new
they usually do,, probably the chief explanation
increases j for
the
expected decreases
in
planted
to
several sweetpotatoes, beans, peanuts,
as
crops where increases are especi¬
ally needed to meet the war situ¬
ation.
Thus indications in early
(before the full effect of
organized effort to increase
plantings could be effective)
show that farmers were then plan¬
March
the
flax
ning
increase
to
the acreage of
vegetables.
On
the
hand, with many states
reporting some corn still in. the
fields, part of the increase in oats
now
planned is by farmers who
and
some
other
had
have
than
corn
more
With
handle.
could
some
they
grain
3,000,000-to more than 4,000,Farmers were also plan¬
sorghums standing in the field
through the winter, the substitu¬
tion of winter wheat for sorghums
in the Southwest was in part to
ning to increase acreage in sugar
beets about 20%. Other increases
adjust labor requirements and in
part to take advantage of favor¬
3,500,000
acres of oats—8%,
tobacco more
than 4%, and rice nearly 2%. The
March reports also tend to support
able
planting conditions last fall.
The
call
flaxseed
about
than a third, or from
more
000 acres.
include
the
indications
December
increase
of
over
about
5,000,000
of
an
the
creases
reported' plans,
in these crops
the
an
increase
in flax
in
spring wheat and for part of the
decrease in barley. Barley is also
being replaced in some areas by
or
to
for
accounts for the small decrease
acres
12% in the acreage of winter
wheat to be harvested. According
the
varieties
high-yielding
new
of oats.
in¬
Rapid increases in farm wage
would be
rates
with
rates
nearly offset by decreases in the
acreage of other crops. The most
are
no
increase
in freight
tending to shift centers
production to areas where the
important reductions are 3,000,000
crops can be grown with the least
acres
or
2%
in corn, 2,000,000
labor. Thus the acreage of pota¬
acres or 14% in barley, and nearly
toes is increasing in most states
2,000,000 acres or 10 % in sorg¬ where the yield is high and de¬
hums.
Decreases planned for less
creasing where yields have been
important crops include dry peas
low. .If farmers in each state grow
41%, dry beans 12%, cowpeas the
acreage
of
potatoes
now
10%, sweet potatoes 8%, potatoes
planned for this season and secure
4%, soybeans, peanuts and spring
yields equal to the 10-year (1934wheat each 2%. The acreage of rye
43) average in their states, the
to be left for harvest now seems
average yield in the U. S. this
likely to be less than was harvest¬
year would be 132
bushels per
ed last year. The total acreage of
acre
planted instead of the 120
commercial
vegetables
seems
bushels average actually secured
likely to be only slightly lower in those
years.
The acreage re¬
than in 1944 and the acreage of
ports for corn show signs of a
crops cut for hay will probably
similar shift this year, for they
almost
the
same
as
of
last year.
as
may appear
may
turn out to
planted
show
Although no information regard¬
ing the acreage of cotton to be
may be
.i
i
t1 l
1,500,000
reduction
acre
planned in 10 Southern
Plains
secured, and it is
of weather conditions, too early to determine the
equally favorable growing season,
production prospects appear quite
generally favorable. Winter pre¬
cipitation has been inadequate in
parts of Oregon and there are dry
spots in most of the Mountain and
Pacific States, but in the western
the
of
half
country
appear
k
whole
defi¬
average.
In
work has
than
better
nitely
a
as
conditions
moisture
r
much of the South field
excessive rains,
of workers
from the farms is reducing both
the number of farms in operation
and the acreage of crops that can
be grown. However, the continued
liberal use of fertilizer will help
been retarded by
movement
the
and
maintain
to
In
possibly
Corn Belt
and
yields
production.
the
make
if
permits, they will make
farmers
planning
are
to
shifts between crops, but
some
weather
the total acre¬
increases in
some
in crops, will utilize closely
productive land, and make
further increases in hybrid corn
age
all,
improved varieties of oats.
be any
large area in the country where
farmers are seriously handicapped
and
There does not appear to
by weather conditions, finances,
shortages of seed or shortages of
feed.
Tractors are being substi¬
tuted
horses
for
machines
be
can
fast
as
made
as
available.
Wartime
difficulties,
including
in transportation, and
shortages of manpower, equip¬
ment, and some supplies, tend to
limit expansion, but present con¬
ditions would permit another year
of big crops if future weather
delays
conditions
4?
i
permit.
by weather conditions, by acreage
there will be substantial
be
of this
making such further changes in their acreage plans
hay
equipment, and parts and services
indicated
'
TJ. S,
where
were
plans about
104,366,075
75,898,923
114,004,691
101.751,803
§Loans and bills payable..
balances
areas*
,
maturin s
months
in
hay that could be cut. In acre¬
age the reported reductions nearly
offset the increases, but this may
not be true of production because
in
Traffic
central
or
If farmers carry
Liability Items-
tFunded
northern
have
re¬
ceivable
Materials
120.2
Partly duplicated
\ '
v
of prin-^
—'V" ..:i;V"
■
'Y
cipal crops, about equal to the ages of wild hay, seeds, and some
total acreage grown last season, is other crops, the reports received
to be expected this year if the are adequate to show that farmers
weather permits farmers to carry are having increasing difficulty in
out
their plans as
in
reported in maintaining a full acreage
March to the U. S. Department of crops.
Substantial
further
in¬
Agriculture.
Plans for substan¬ creases comparable to those of
tial reductions in crop acreages the last few years are not to be
tion
143,040,589
Miscellaneous
Total
,
con¬
ductors
Interest
210,344
48,410,932
,
-
receivable
balance
from
383,817
50,861,074
fcarr-service
and
:
balances (Df.J—
Net
$565,263,280
321,180,544
551,748,484
472,423,926
Other unadjusted debits—.
purposes.
A near-record acreage
mer
com-
639,000
all
,
of
Danies
Loans
32,777,072
stacks,
affiliated
etc.,
oi
$22,575,185
-I-
,
37,693,310
Equipment
Investments
.<:•
v
Although it is best not to count
either a larger acreage of crops
than was grown last year or an
on
97.6
2,740,000
harvested.
years.
97.8
reduced last year
by wet weather and floods at
planting time or by the dry sum¬
.
$29,250,966
Road
.
96!
57,556,000
have
high enough to hold a full
acreage.
Also, efforts to supply
imported or prisoner of war labor
seem likely to permit partial re¬
covery from the very low acreage
in sugar beets during the last two
been
104!
375,000
...
yield during those years. It
significant that some southern
report a shortage of tenants
for 1-mule farms.
On the other
areas
hand, returns from tobacco
92.0
'1,505,000
Sweetpotatoes
acreage
Expenditures (gross) for
;
Percent
18,212,000
3,010,000
,
are
!-
pet. of 1944
3,130,000
-
Potatoes
Carolina to Louisiana and Arkan¬
appropriations:
Dividend
98,722,000
19,397,000
southern
defense
of
>
♦Acreage
Fixed charges:
Rent
94,972,000
-
1945
rage
is
1945 as
■
Indicated
_
wheat
spring
200,212^883
deductions
available
Income
All
$172,212,427
28,000,456
income
from
.
$87,214,459
13,357,323
—:
Miscellaneous
—
'
j£i'
1944
1944
88,061,084
income
Other
v a
Average 1934-43
——
tSoybeans
months of
1945
$73,163,460
14,897,624
Income
opei at.
ry.
•
For the two
•
;"'Y
all
Corn,
Peas,
All Class I Railways
1944
J/
3,140,000
.
1945
,
YYYi-l-Y
•
-
Beans, dry edible
of February
For the month
Income Items—
TV:;!;
Crop—
greater reduction in other states
wnich had less than the U. S. ave-
States
yield
j
per
than
acre-
17
t.
where
acre
and Great
1940-44
the
planted was less
bushels
and
an
even
U. S. Extends Lendlease Aid io
Italy
allocation
The
by the United
.States of $100,000,000 Lend Lease
goods to Italy has begun, it
indicated
was
July 20 by Oscar Cox,
Deputy Administrator of the For¬
eign
Economic
Administration,
who
on
stated
that
his
agency
was
.War Department
directive approved by President
Truman.
Advices (Associated
acting
under
a
Press) from Washington, July 20,
reporting this said:
The Italian Lend Lease material
will not necessarily be used in di¬
rect
contribution
to
the
battle
against Japan, now an Italian en¬
emy, but
to aid Italy's internal
economy as a
This
measure
roundabout
in the
of
way
na-
pro-
tional (U. S.)
defense, he declared,
viding Lend Lease war goods to a
"non-Lend Lease nation"
was
pos¬
sible, Mr. Cox explained, under a
provision in the act authorizing
U. S. Government agency to
any
obtain Lend
U.
S,
Lease whenever the
national
interest
is
jeop¬
ardized,
..
■
The presence of American
troops
in Italy, in addition to
Italy's re¬
cent
declaration
Japan,
main
were
of
war
considered
against
the
two
factorship justifying Lend
Lease aid to Italy, Mr. Cox said.
The goods are expected to in¬
clude
raw
materials, transporta¬
equipment,
industrial
and
agricultural machinery and other
tion
materials needed to rebuild
devastated economy.
Italy's
war
Allocation
and ^shipment
$100,000,000 worth
are
of
due to be
completed by November.
How¬
ever, the lag period in actual
de¬
livery is expected to last into
January when final evacuation of
American troops in
Italy is antici¬
pated.
,
■
t
v,
[Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
Slate and
821
City Department
BOND PROPOSALS AND NEGOTIATIONS
that part of the State apportion¬
ment derived from sources other
ALABAMA
Liberty National Life Insurance Co.
Birmingham), Ala.
Camp, Jr.,
Vice-President and Treasurer, will
O.
(P.
Bond Offering—E. A.
receive
bids
sealed
(CWT)
a.m.
10:30
until
29 for the
Aug.
on
purchase of Alabama, Arkansas,
Louisiana, Tennessee, Mississippi
municipal
bonds
$740,000...:.
and
State
Carolina
South
and
amounting
;
to
.
..
ARIZONA
Pima
School
Elementary
County
District No.
above dis¬
Bond Offering—The
trict, sometimes known as Amphi¬
theater School District No. 10, is
offering of $50,000 2%
bonds, and sealed bids will be re¬
ceived by Sylvia G. Powell, Clerk
of the Board of County Super¬
making
Jan. 1, of any year
after Jan. 1, 1951, in in¬
be callable
and
on
on
numerical order, at par and
verse
interest, from any fund or
accrued
funds.
of
an
Los
Angeles County, Glendale Uni¬
fied
bonds.
Each bidder
his bid by
must
cashier's
a
check from a bank member of the
Federal
Reserve
in the
sum of $8,000 payable to the Dis¬
trict, and must satisfy the District
that he will deposit the balance
of the purchase price to the credit
System
of the District in the Commercial
School
Bond Sale—The
to $2,750,000 offered
Aug. 14—v. 162, p. 397
—were
awarded to a syndicate
composed of Halsey, Stuart & Co.,
First National Bank, of Chicago,
Blair & Co.,
Inc., C. F. Childs &
Co., of Chicago, Milwaukee Co.,
of Milwaukee, and Thomas
Kemp
& Co., of Los Angeles, as
iy2S, at a
price of 100.666, a net interest cost
of 1.4513%:
$960,000 elementary school bonds
{1,350,000 high school bonds
440,000 j union college bonds
visors, until noon on August 20.
The bonds are dated June 1, 1945,
$1,000 denominations, and ma¬
1, as follows: $3,000
inclusive; $6,000,
will be ready for delivery to the
the election held
purchaser
next
in
on or shortly after Sept.
15, 1945, and they will be deliv¬
ered upon payment of the pur¬
1949; $8,000, 1950; $9,000 in 1951/
chase price plus accrued interest
and $6,000 from 1952 to 1954 in¬
to Jan. 1, 1846, or upon the sur¬
clusive.:
Principal
and
semi¬
render of an equivalent amount of
annual interest
payable at the
ture on June
from 1946 to 1948
County Treasurer's office. A cer¬
tified check for 5% of the total
of
the
bid
will
not
be
amount
Bonds
than par and
is
required.
sold
for
the
District's
bonds, with
outstanding
Local
Plans
Bond Offering—Sealed bids ad¬
city's intention to discuss purchase
by the community of the com¬
pany's local system. At a public
meeting on
Sept. 13 the City
Council will take up the question
of holding a special election on
the proposition.
If the program
is approved, including terms, ac¬
ceptable to the utility companv,
the city will issue revenue bonds
to pay cost of the purchase.
dressed to
Sylvia G. Powell will
at (he County Court
House, in Tucson, until noon on
Aug. 20 for the purchase of $40,000 2 % district bonds. Dated June
$1,000 denominations,
1945, in
1,
due
and
1947
$5,000
on
and semi-annual
at
the
A
June
1 from
Principal
inclusive.
1954
to
interest payable
certified
County Treasurer's office.
check for 5% of the
of
amount
total
quired.
the
is
bid
will not be sold
and accrued in¬
Bonds
terest.
ARKANSAS
Would Purchase
of America
to
negotiate for purchase
now
serving the
The city plans to fi¬
system
power
community.
the purchase with an issue
revenue
bonds and a suit to
nance
of
determine
legality of such
issue
has been filed in Chancery Court
of Lee County, with a view to a
subsequent decision by the Ar¬
kansas Supreme Court.
an
Pulaski County, County School Dist.
V
■
(P. O. Little Rock), Ark.
.
Bond
Offering—J.
•
-
L.
Watson,
receive
sealed bids until 2 p.m. on Aug. 28
for the purchase of $400,000 re¬
funding
bonds,
not
exceeding
lVz% interest.
■
District
Secretary,
Dated
as
Sept. 1, 1945. Due Jan. 1,
in
1948,
1950 and
$43,000
$46,000
1956.
$42,000 in 1949, $43,000
1951, $42,000 in 1952,
in 1953, $45,000 in 1954,
in 1955, and $35,000 in
The
successful
bidder
will
be given
the right to convert the
bonds bearing a lower
rate of interest, said - conversion
to be made according to the Uni¬
bonds
versal
the
to
Bond
Values
provision
that
Tables
the
with
District
shall receive no less and shall pay
no
more
than it would, receive
and
pay
if
the
bonds
were
not
converted/and subject to the ap¬
proval of the Commissioner of
Education.
by
tax
a
The bonds
are
secured
seven-mill continuing annual
levy,
school
a
mortgage
property, and
on
all of the
a
pledge of
were
follows:
as
2% Bonds
Bidder
Price Bid
The
bonds
1965
to
incl.
The
obligations
the
Ins.
,
Co.
are
States
of
the
various
lots
fol¬
County, Orinda Union
District (P. O.
Martinez), Cal.
1947,
1948
to
$15,000
440,000
in
1963
Dated July 1, 1945.
to
County in New York City.
Los Angeles County (P.
Los Angeles), Cal.
June
the
Peak—Bridge
fiscal
year
Bond
bonds
Election
—
amounting
30, 1945, were the highest
on record, the total of $2,710,711
comparing with $2,495,220 for the
office.
These
bonds
of
counsel, these bonds
taxes
The
to
following
$27,500,000
on
June 4,
county
court ' house
bonds.
■
bonds.
3,500,000
engineering
bonds.
"'V-
building
:
Angeles County, Saugus Union
School District (P. O.
Los Angeles), Cal.
Bond
Sale—The
$75,000 build¬
ing bonds offered for sale on Aug;
14—-v.
to
V
;
an.
Aug. 30. ;
on
Gulf port, Fla.
/
362,
elec¬
'
Wanted—There
Is
ap¬
proximately $17,000 available in
the town sinking fund for the
purchase and cancellation of 1-5%
refunding bonds, issue of Feb; 1,
1939, maturing Feb. 1, 1975. Ac¬
cordingly, sealed tenders will be
received by the Union Trust
Co.,
St. Petersburg, Fla.,
sinking fund'
trustee, until 11 a.m. (EW.T) on
Sept. 20. Tenders must describe
by number and denomination the
bonds
offered
cellation
for
and
must not be
sale
prices
in
and
can¬
stipulated
excess
of $90 per
$100 bond, flat.
V,
GEORGIA
Georgia
con¬
against all the taxable
New
(State
Electorate—At
for
that
voters
the
purpose
ratified
of)%j
•. •
Ratified jby
Constitution
election
-held
Aug.1 7, the
on
the
State's
new
constitution, which replaces the
previous
68-year-old
document.
the State's counties and cities.
It
eases the procedure for the incur¬
Brown
&
Herrington,
of
new
charter
provides
a
greater amount of ''home rule" to
CONNECTICUT
of
f$f\
Bond Offering—A special com¬
of the Board of Finance
mittee
will
vvjui
receive
sealed
icccivc
bids
uius
sedieu
at
the
tiie
at,
debt
by
local
subdi¬
visions and permits
emergency in¬
creases of 3% over previous bond
issue limit.
A
significance
u
•
i
basic
description of the
the
of
.
law
,
to
State's
-new
•
,
.*° local governments
*°C£?L ®
&0V(;roments
J
givtrii in our
S?
£ '
1945, on page 57.
„
^
,
T
n
Bridgeport-City Trust
Co., 961
Main
Street, Bridgeport, Conn,'
until 3 p.m. (EWT) on Aug. 28 for
ILLINOIS
the
purchase of $60,000 school
Canton, III.
1
r
coupon bonds, not exceeding \Vz%
interest. Dated Sept. 1, 19*5. De¬
Bond Sale Details—The $12,000
nomination
comfort; station
bonds
$l,00u.
Due
$5,000 2Vz %
Sept. 1, 1946 to 1957. Bidders to awarded on July 17 to Fran^oeur
& Co., of-Chicago—v. 162, p. 607—
name one rate of interest. Princi¬
pal and interest payable at the were sold at a price of 105:00, a
Bridgeport-City Trust Co., Bridge¬ basis of about 1.91%. Dated Aug.
port. These bonds will be gen¬ 1, 1945. Denomination $600. These
eral obligations of the Town. They bonds are due $600 in 1946 to
will be payable as to both princi¬ 1965.
pal and interest from ad valorem
which may
taxes
limit
except
to
as
to
as
at
purchaser
classes
limited
a
will
be
tne
rate.
Tax
the
Town
the
on
Grand
of
List
1944.
The bonds will be prepared
under
the
supervision
of
the
Bridgeport-City
Trust
Co.,
of
Bridgeport, and they will certify
to the genuineness
natures
is
of the
impressed
expected
that
the
the
and
bonds
No.
$250,000
bonds was awarded re¬
cently to the Lee Higginson Corp.,
of
Chicago,
1,
1945.
These
as
as
2%s.
Dated Aug.
Denomination
bonds
are
due
on
$1,000.
1,
D<k.
follows:
$50,000 in 1959, $125,000 in 1960, and $75,000 in 1962.
Principal and interest (J-D) pay¬
able
the First National
Bank,
Chicago. Legality approved :by
Chapman & Cutler, of Chicago.
at
McLeansboro Township (P. O.
McLeansboro), III.
1 ?I
the
bonds.
District
Chicago), IlLw
funding
of the sig¬
officials
on
School
Bond Sale—An issue of
of
furnished
from
County
216 (P. O.
amount
classified forest
certificate
a
or
certain
as
taxable
Cook
be levied witnrate
It
will
v
Bond Election Requested—Peti¬
have been signed by the
be ready for
tions
Sept. 6,
prior
to
voters for
delivery on or about
1945. In the event that
the*
delivery
of
the
of
an
election
$32,000 road bonds.
the income received by
private holders from bonds of the
general type and
any
by the terms of
Federal income tax law, the
an
issue
/,
Millstadt School District No.
Illinois
character
shall be taxable
on
166,
'
Bond Election Planned—An is¬
sue
of
$40,000
gymnasium
con¬
successful bidder may, at his elec¬
3,000,000 maximum security
building bonds. ■>
2,000,000 art institution bonds.
Los
tion to be held
of
will " be
The
same
3,500,000 juvenile hall bonds.
3,500,000 county welfare building
'■
issue
submitted to the voters at
are
direct and general obli¬
a
District
bonds
bonds,
$12,000,000
rev¬
ended
urer's
seal
1946:
for
$125,000 maturing on June 15,
$10,000 in 1966 to 1970, and $15,000 in 1971 to 1S75, as l%s. Dated
June
15,
1945.
Denomination
$1,000.
Principal
and
interest
(J-D) payable at the City Treas¬
as
O.
will be submitted to the voters at
&
Revenues at
cost of about 1.464%, as-follows:
$200,000 maturing $10,000 on June
15, 1946 to 1965, as : lM>s, ! and
Assessor certifying that there are
no such classes of
property within
Denomina¬
the. election to be held
enues
Bond Sale—The $325,000 mu¬
nicipal improvement bonds were
awarded recently to the American
Trust Co.,
and Weeden & Co.,
both of San Francisco, jointly, at
a price of
100.115, a net interest
with
$1,000. Principal and inter¬
est
(J-J) payable at the County
Treasury or at the fiscal agency
Trust
Golden Gate Bridge Commission,
California
de¬
paving
An
—
police
and
Tracy, Cal.
The
tion
of the
Election
building
Tenders
lanas
$20,000 in
1962,
and
to The Bank of America National
Savings Association of
San
Francisco,
at a price
of
100.025, a net interest cost of
about 1.56%, as follows: For $5,000 maturing Aug. 1,
$1,000 in
1946, $2,000 in 1947 and 1948, as
5s, and $70/000 maturing $5,000
Aug. 1, 1949 to 1962, as li/2s. The
only other bidder was the Amer¬
ican Trust Co., San Francisco, for
l3/4s, at a price of 100.29.
and
sewer
property such
1970.
Sale—The
$75,000 build¬
ing bonds offered for sale on Aug.
13—v. 162, p. 612—were awarded
College bonds
and
School
Bond
and
Bond
$75,000
bonds.
out
July 1, as fol¬
lows: $10,000 in 1946
of
Contra Costa
issue of $375,000
an
recreational, fire
partment
submit
School
(P. O. Gonzales), Fla,
Neff,
Due
Safe Postponed—The date
sale
to the voters
to
5
wcto
Junior
California
municipal bonds amounting to $2,905,800 was postponed from Aug.
16 to Aug. 22.—V. 162, p. 721.
election
an
San Francisco.
1970.
Life
No.
Countv
property within the City. Legal¬
ity approved by Orrick, Dahlquist,
1951 to 1970.
(P. O. Sacramento),{
i
Bond
of
Western
calling for
Easton, Conn.
as
City
$300,000 1J/4 % refunding bond*-
Escambia
Urges Bond Election—The City
recently instructed the
City Attorney to draft resolutions
orem
High School bonds
1,350,000
Due July 1, as fol¬
lows: $20,000 in 1946,
$30,000 in 1947, $40,/ 000 in 1948, $45,000
in
1949, $58,000 in
1950
to
1967,
and
$57,000 in
1968 to
city.
of
Council
100.5003
fully described
Approved —The
Council has approved the issuance
FLORIDA
100.436
Bank, Los Angeles.
Legality
approved
by
Orrick,
Dahlquist, Neff, Brown & Herrington of San Francisco.
California
1, from 1946 to
gation of the City, and are secured
py the levy of unlimited ad val¬
Additional Details —The bonds
dated
bonds
of
Aug.
on
Security First National
San
Issuance
rence
jointly
more
Dover, Del.
about
Hannaford & Talbot,
15, 1945 and mature June
15, as follows: $20,000 from 1946
to
1960 incl., and $25,000 from
1961
of
*
1965.
stitute
Portland,
June
general
due
are
ion
Bank,
Northern Trust Co., Chicago/!:
Harris Trust & Savings
Bank, Chicago,
Weeden & Co.,
William R. Staats Co.,
Heller, Bruce & Co., arid
Co., San
are
basis
.
part of a $500,000 issue authorized
at a recent election. In the
opin¬
Francisco,
First National
Trust
of
will
follows: $24,000 in 1947, $37,000
in
National
the American Trust
Francisco.
of the company's electric light and
bidders
For
Francisco. The only other bidder
was
desire
Other
$425,000 issue
Association
Savings
the City Council to advise the Ar¬
Utilities Co; of the city's
Association, San Francisco,
l%s, at a price of 101.7508.
Elementary School bonds_$ 960,000
Due July 1, as fol¬
lows: $20,000 in 1946
of 1945 water bonds offered for sale
to
1949, $40,000 in
on Aug. 13, were awarded to the
1950, and ,$42,000 in
John Mann has been instructed by
kansas
the Bank
Antioch, Cal.
Sale—The
Bond
&
Utility—Mayor
was
lows:
CALIFORNIA
Bank
Marianna, Airk.
for
are
re¬
for less than par
ings
San
Utility Purchase—
The Arkansas Power & Light Co.
is scheduled to be notified of the
be received
highest bidder
The
American Trust Co.^
Wynne, Ark.
accrued interest.
June 12.
on
Blyth & Co.,
less
County
authorized at
were
of America National Trust & Sav¬
adjustment of in¬
an.
Amphitheater High
School District No. 4, Ariz.
Pima
These bonds
V-k%
terest.
following bonds
on
National Bank, at Little Rock, on
or before Dec. 31, 1945.
The bonds
a
Dated Aug. 1, 1945. De¬
nomination $1,000.
These bonds
South San Francisco, Cal.
amounting
for sale
100.012, "
DELAWARE
1.998%.
Dist.
(Pi O.
Los Angeles), Cal.
will
the
& Savings Association of
Francisco, as 2s, at a price
San
tee and
place of payment, and the
be sold upon the ap¬
proving opinion of Wallace Townsend, of Little Rock. The District
will pay the fee of the attorney,
the trusted and for the7 printing
Trust
of
operat¬
and bond principal
and
interest
requirements, was
$754,983, as against $528,302 for
the previous year.
expenses
Bank of Little Rock will be trus¬
bonds
Net general fund in¬
ing
National
Commercial
The
accompany
10, Ariz.
The bonds will
than the sales tax.
earlier year.
come, after payment of all
p.
721—were awarded
the Bank of America National
struction bonds will be submitted
tion, be relieved of his obligation
to the voters at
under
the
contract
to
purchase
an
election to be
held in the next few months.
the
bonds, and in such case the
deposit accompanying his bid will
be returned. The purchaser will be
furnished with the favorable opin¬
ion of
&
Ropes, Gray, Best, Coolidge
Rugg,
certified
bonds
of
Boston.
check
bid
for,
Town Treasurer.
Enclose
a
2%
of
the
payable
to
the
for
Morgan County School District No.
64 (P. O. Jacksonville), III.
Bond Sale—The $28,000 2%%*
semi-annual, school bonds offered
for sale recently were awarded to
Barcus, Kindred & Co., of Chi¬
cago.
Dated July 1, 1945. Legal¬
ity approved by Charles & Trau-
ernicht, of St. Louis.
THE COMMERCIAL
$22
jOlney Township (P. O. Olney), III.
Bond Election Planned—An is¬
of $110,000 road construction
and maintenance bonds will be
sue
submitted
election
the
to
held
be
to
at
voters
the
in
an
near
and
Other
Bidders
INDIANA
School Town, Ind.
Sale—The
Bond
im¬
$12,000
provement bonds offered for sale
on Aug.
10—v. 162, p. 613—were
awarded
National
First
the
to
Price Bid
y,:
Tell
City, Ind.
Sale—The $40,000
Bond
works
water
bonds offered
revenue
Aug. 14—v. 162,
for
613—
were
awarded to Fox, Reusch &
Co. of Cincinnati. Dated June 1,
on
1945. These bonds
p.
due
are
on
Bond
IOWA
to be placed
are
bonds
be
the
to
be
to
of
issue
voters
held
described
are
at
Aug.
on
as
an
21.
fol¬
canal bonds.
75,000 sewer extension bonds.
; 75,000 drainage bonds.
Ordinance
passed
amount¬
ing to $100,000.
Rapids
School District, la.
Election Approved—The
of
V
of
Education
10
the
Common
On
—
Council
ordinance, subject to
concurrence
by y the B^ard of
Aldermen, calling for an issue of
airport establishment bonds
an
July
on
drak, Secretary of the j^oard of
$750,000 construction bonds.
-v
-
Education,
Coin, la.
■
Bond Election—An issue of $7,-
V
500 water plant and system bonds
will be submitted to the voters at
election to be held
an
1
on
Aug. 22.
Dunlap School District, la.
Bonds
Defeated—An
issue
...
of
bids
15
until
for
receive
(EWT)
noon
the
notes.
Jan.
will
purchase
sealed
Aug.
$235,000
on
of
Dated Aug. 15, 1945.
15, 1946.
Due
The notes shall be
awarded to the bidder
whose bid
produces the lowest interest cost
to the District after
struction bonds failed to carry at
deducting the
premium offered, if any.
Interest
on
premium shall not be consid¬
the election held
ered
$6,500 superintendent's home
on
con¬
July 24.
Harrison County (P. O. Logan), la.
Bond
Sale Details—The $67,-
500
2%%.
semi-annual,
funding
bonds awarded recently to
Shaw,
McDermott & Co. of Des Moines
the
deductible in
as
162,
p.
Bonds Voted—An issue of
000 airport bonds was
voted at
an
$28,-
favorably
on Aug.
election held
7.
..'v
■
;i':.
net
interest
cost.
The
■
$727,450.76 tax levied
tax
roll
The
1945-1946
for
operating
taxes
the
on
1944
'0&j:
are
purchaser.
Enclose
building
lVz%
bonds of¬
revenue
for,
toy the Board of Educa¬
water
system
The following
—
bonds
$125,000 will be submitted
the
held
voters
at
election
an
to
due
from 1947 to 1962.
est
bidder
was
March 15,
The next high¬
on
Blyth & Co., at
a
on
Chatham
Township
(P. O. Buf¬
falo), Minn.
Bond Offering—Leo F.
Robasse,
Township
Clerk,
until
bids
road bonds.
Avoyelles Parish Consolid. School
Bond
000
on
Sale
Marksville), La.
Details—The
improvement bonds
Aug. 7 to the Union
Marksville
and
the
$750,-
awarded
Bank
v.
162,
cost
p.
of
about
Aug.
$5,000 2%
Sept. 1, 1945.
p.m.
on
1.5407%,—
723—were sold
lows:
$92,000
$18,000 in 1946
1950, as 3s, and
Aug. 1, $20,000
as
Dated
These1'bonds
March
1,
1947
due
are
to
1956.
$500
All
fol¬
Enclose a
certified check for at least
$500.
incl.
Bonds maturing on or
Sept. 1, 1952, shall be sub¬
ject to redemption in inverse nu¬
merical order, at par and accrued
interest on any anniversary date
said
of
series
Bonds
Sold—The
improvement
sale
on
$15,000
bonds
June 23
were
of
bonds
after
the
first anniversary date
thereof, oc¬
curring Sept. 1, 1946, upon at least
30 days' prior notice in a news¬
paper published in the City, and
in
financial
a
riodical
City.
newspaper
published
in
or
The
pe¬
York
New
Principal and interest
able at the
pay¬
City Treasurer's office,
shall
bonds
be
sold for
not
less than par and accrued interest
to
date
of
delivery. A certified
$3,000, is required.
check for
NEBRASKA
Consumers
Public
Power
District
(P. O. Columbus), Neb.
Bonds
Purchased—Pursuant
the
call
the
to
district
for
tenders
Aug.
on
10,
purchased a total of
Consolidated Eastern
System refunding revenue bonds
at an average price of, 100.66.
$874,000
Crete, Neb.
Bond
Election
Planned
—
614—were
September:
$65,000 hospital,
$22,000 airport.
awarded
est
bidder
and
offered
Purchased—An
awarded to
Piper, Jaffray & Hopwood of
Minneapolis, as 2 y4s, at a price of
issue
Schweser
Lincoln, Neb.
bonds
submitted to the voters at
V
on
may be
an elec¬
Oct. 2.
Ord, Neb.
Bond Election Planned—An is¬
sue
of
bonds
$25,000
may
voters
at
be
an
swimming pool
submitted to the
election
to
be
held
*
NEW
Bond
Offering
burn,
ceive
sealed
(EWT)
of
Clerk,
bids
Sept.
on
Thomas
—
Township
until
6
$35,000
8
system
1955.
to
be in
as
Rate
multiple of one-eighth or
1%, and must be
a
the
for
same
all
of
the
Mechanics
National
Bank
amount
bid
the
for
the
more
bidder
Sale—The
Aug. 15
were
National
$200,000
offered
awarded to
Bank
of
discount of 0.34%.
tem¬
for sale
on
t/he First
Boston,
at
a
New
Bond
Sale
'
-
.
of
"
,rt
'
■
*
'
?
„
•
-
./Y !
j
.
1
rr
(P. O. Clovis), N. Mex.
Report-r-The $160,-.
Bond Issue
000
construction
recent
a
vertised
bonds
election
for
voted
will not
sale
before
at
be ad¬
Jan.
I.'
'
1946.
complying
cept for the amount bid the least
amount of bonds, the bonds to be
accepted being those first matur¬
ing, and if two or more bidders
offer
to
accept the same least
amount, then, to the bidder offer¬
ing to pay therefor the highest
price. The purchaser must also
pay an amount equal to the inter¬
the
on
Jersey
Postponed—Sale
Curry County, Clovis School Dist, ■-
with the
terms of sale and offering to ac¬
est
Elizabeth),
O.
NEW MEXICO
'
$35,-
than
$36,000.
As
between, legally acceptable proposals'specifying the same rate of
interest, the bonds will be sold to
nor
100.34
(P.
offering of $113,000 not to ex-"
ceed 6%
interest park and road'
bonds, originally scheduled for*
Aug. 16—v. 162, p. 614-r-was post-1
poned to Aug. 28.
of
bonds
which shall be not less than
000
,
Co.,
an
Burlington.
the
•
100.09
County
j
1
bonds.
No proposal will be
considered which specifies a rate
higher than the lowest rate stated
in
any
legally acceptable pro¬
posal. Each proposal must state
:
Collings. & Co.,
Union
Principal and interest payable at
the
■;
100.526
For 3s
of interest to
one-twentieth of
C.
M. M. Freeman &
follows; $4,000 in 1946 to 1950, and $3,000 in
1951
100.52
For 2.90s
1
Dated Sept. 1, 1945. Denomination
bonds
accrued to
the
date of payment of the purchase
price. In the event that prior to
NEW YORK
Bridge water (P. O. Bridge water),.
New York
Bpnd
Offering—Shirley C. Dye,
Town
Supervisor,
sealed
bids
until
will
1
receive
(EWT)'
Aug. 27 for the purchase of
$23,000 judgment coupon or reg¬
p.m.
on
istered
bonds,
not
exceeding 5%1
Sept. 1, 1945. De$1,000. Due Sept. 1,
follows: $2,000 in 1946 to 1952,
interest.
Dated
nominatiton
as
and $3,000 in 1953 to 1955. Rate of
delivery of the bonds the in¬
interest to be in multiples of Y\ *
come received by private holders
or one-tenth of 1%
and must be
from bonds of the same type and
the same for all of the bonds.
character shall be taxable by the
Principal and interest payable at terms of any Federal income tax
the West Winnfield National
Bank,'4
law, the successful bidder may,
'West Winnfield, with New York'
at his election, be relieved of his
obligations under the contract to exchange. Bonds will be valid and
purchase the bonds and in such legally binding general obligations
of the Town, all the taxable real
case the deposit accompanyiftg his
bid will be returned.
The suc¬ property within which will be;
cessful bidder will be furnished subject to the levy of ad valorem
the
with the
opinion of Hawkins, Del-
afield & Longfellow, of New York,
that the bonds are valid and le¬
gally binding obligations of the
Township.
Enclose
a
certified
check
for
payable
$700,
to
the
N. J*
Cape May,
Authorized
Bonds
-—
Commission
recently
ordinance
City
final reading
for
the
on
of
issuance
passed an
calling
the
Fair Lawn,
Bond Sale—The
bonds
offered
for
$205,000
N. J.
$710,000 sewer
sale on Aug.
16—v. 162, p. 508—were awarded
the Fair Lawn-Radburn Trust
to
Glen
Ridge School ■ District} N. J.
Sale—A group composed
of Harriman Ripley & Co., Inc.,
B. J. Van Ingen
& Co., R. W.
Pressprich &
Co.,
and White,
Weld & Co., all of New York, was
Bond
bidder
at
the
Aug.
$915,000 principal amount as l3/4s.
The group paid a price of $920,397.50, equal to 100.589, a basis of
about
1.713%.
The
bonds
are
dated Sept. 1,
Sept.
1945 and mature on
from 1946 to 1985 incl.
1
An account headed by Glore, For-
Penn3attken
Township (P. O.
The
following
bonds amounting to' $98,000 were
awarded
on
—•
Aug.
13
to
or
amount.
Said bonds
Boland,
as
are
issued pursuant to the Town Law
and
General
Municipal
Law,
,
as'
amended, for the purpose of pay¬
ing a judgment against said Town,,
the period of probable
usefulness,
that
In the event
•
prior to the delivery of the
bonds the income received by
pri¬
vate holders from bonds of
the,
type and character shall be,
taxable- by the terms of any Fed¬
eral income tax law, the
success-,
same
ful bidder may, at his
election, be,
relieved of his obligations under-
the contract to purchase the bonds
and in such case the deposit ac¬
companying
his bid will be re¬
The approving opinion of
turned.
Vanaewater. Sykes & Heckler, of.
New York City, will be furnished
to the
close
purchaser without cost. En- \
&
certified
check
for
$460,
payable to the Town.
Hempstead Union Free School Dist.
No. 24 (P. O. Valley
Stream),
\
New York
-'//■
Bond/ Offering
William
—
H.
Bogue, District Treasurer, will
ceive
sealed
(EWT)
bids' until
2
Aug. 23 for the
on
•
re-4
p.m.:
pur¬
chase of $32,000 school
coupon or"
n-egistered bonds, not
exceeding:
6%
interest.
Dated
Sent.
Denomination $1,000.
as
follows:
$5,000
in
interest to
or
$7,000
1947
be
to
in
one-tenth of
the
same
for
1945.*
in
1943, and1951.' Rate of-
multiples of y4
1%
all
1.
Due Sept. 1
and must be
the bonds.
of
Principal and interest payable at
the Valley Stream National
Bank
& Trust
Pennsauken ), N. J.
Bond/ Sale
thereon, without limitation
to rate
offering
14 of $920,000 school
bonds—v. 162, p. 614—purchasing
on
taxes to pay said bonds and inter¬
est
of which is 10 years.
The
Concord, N. H.
Note
porary. notes
C.
bonds, not exceeding 6% interest.
$1,000. Due Sept. 1,
were:
Price Bid-
E. H. Rollins & Sons,
For 2.60s *
I
registered
or
Other bidders
For 2V2s
p.m.
pur¬
water
coupon
re¬
the
for
on
Dolphin & Co., and
Buckley Bros., jointly,
Co-
will
$1,000.
These,
May 1, from1
due
are
Bidder
Co., New York, was second
high bidder, offering to purchase
the entire $920,000 bonds, as l3/4s,
at a price of 100.049.
HAMPSHIRE
Datgd May 1, 1944.
bonds
Burlington), N. J.
gan &
sometime in October.
Dated May
1946 to 1961.
•"
as
general
Denomination
price of 100.211.
a
York,
bonds.
&
Burlington Township (P. O.
successful
Election Planned—An is¬
of. $3,050,000
Hanauer
of
Co.,
of
Omaha, and the Mortgage Invest¬
ment Co., of Hastings, jointly.
Bond
B.
New
bonds.
First
Co. of Fair Lawn, as 2V2S, at a
price of 100.036, a basis of about
2.49%.
' '
~ ' ' * *
$90,000 airport development bonds
was
purchased recently by the
road
for
on
Hastings, Neb.
sue
the
to
of
Co.
improvement
1, 1945.
50,000
improvement
of
1945
bonds. Dated May 1, 1945.
11,000
general
improvement
$37,000
p.
beach protection bonds.
$55,000 swimming pool con¬
struction, park improvement and
airport construction bonds
was
E.
J.
was
Co., for 1.70s, at
of
Robert
162,
&
of about 2.378% :
Bank, Bradley Beach, as
1.40s, at a price of 100.116, a basis
of about 1.377%. The next high¬
Falls City, Neb.
Bond Issue Approved—An issue
Bonds
14—v.
The
election to be held in
an
Aug.
on
Township.
following
bonds
amounting
to
$87,000 will be submitted to the
tion to be held
Maple Lake, Minn.
maturing Aug. 1,
103.524. Interest J-J.
to 1949, $20,000 in
$658,000 maturing
MISSISSIPPI
in 1951, $32,000 in
1952
and 1953, $34,000 in
1954, Amite County Supervisors Road
$40,000 in 1955, $41,000 in 1956,
Dist. No. 5 (P. O. Liberty), Miss.
$42,000 in 1957, $43,000 in 1958,
Bonds Purchased—An issue of
$44,000 in 1959, $45,000 in 1960, $8,000 3 y4 % funding bonds was
$46,000 in 1961 and 1962, $47,000 purchased recently by Edward
in 1963,
$48,000 in 1964 and 1965, Jones & Co., and the Walton-
1945. Interest M-S. Due
Sept. 1 from 1946 to
on
on
bids
must be unconditional.
of
Avoyelles
Trust & Savings Bank of
Bunkie,
jointly, at a price of 100.03, a net
interest
receive
17 for the purchase of
LOUISIANA
Dist. No. 1 (P.O.
will
8
ex¬
approved at the election held
July 24,
MINNESOTA
sealed
price of 100.26.
1957
to
be
assessment bonds.
are
the
'
p.
These bonds
of
Aug. 27 for
$300,000 not to
on
after
amounting
fered for sale
National Bank of Lexington, at a
price of 100.77, a basis of about
1.409%.
Dated
Sept.
15,
1945.
p.m.
voters at
Aug. 22: $70,000 general
obligation bonds; $55,000 special
on Aug. 10—v. 162,
7£2—were awarded to the First
7
Sept. 1,
$25,000
certified
a
check for 2% of the notes bid
payable
to
Sale—The $475,000
0.883%.
ceed 6% interest electric light and
water works bonds of 1945. Dated
pledged.
Bids shall be conditioned
Bond Election
'Kentucky /
Bond
school
about
Yazoo City, Miss.
Offering—J. B. Cobb, City
will receive sealed bids
purchase
purposes.
Sylvan Lake (P. O. Pontiac), Mich.
Fayette County (P. O. Lexington),
of
1, 1945. Legality ap¬
proved by Charles & Trauernicht
of St, Louis.
loan
-yk-',
•'
KENTUCKY
basis
terest
represents 32.3% of the amount of
tion.
y.V-YT.:"";
Columbia
Bank,
both
of
Columbia, jointly, at a price of
100.40,—v. 162, p. 508—mature on
March 15, as follows: $3,000 in
1946 and 1947, $15,000 in 1948 and
1949, and $14,000 in 1950. Net in¬
determining
upon the
507—were sold at par.
Dated July 1, 1945. These bonds unqualified opinion of the pur¬
chaser's attorney approving the
are due $2,500 in
1952, $5,000 in
1953, and $10,000 in 1954 to 1959. legality of the notes. The cost of
such opinion and the cost of
print¬
Pocahontas, la.
ing the notes shall be paid by the
—v.
the
until
Passed
amounting to $400,000.
23,
approved a report of a special
MICHIGAN
committee appointed to study the.
advisability of calling an election Hamtramck School District, Mich.
to submit«to the voters an issue
Note Offering—Walter F. PluzBoard
1%
Saffin
2.40s, at a price of 100.16, a basis
National
chase
Sale Details—The $50,000
court house bonds awarded
Clerk,
Springfield, Mass*
Bond
Aug.
bonds
a
County (P. O. Columbia),
Mississippi
Bond
MASSACHUSETTS
issue of
at
recently to the Citizens Bank and
in circula¬
an
iy2s,
Dated June
$275,000, navigation
and
Bond '
An
—
amounting to $425,000 will
submitted
County Hospital site, construction
Cedar
Iberia, La.
Election
election
for
Bond
-
Bond
Trust
sale
assessment
$92,000, 4s,
New
was
Marion
$373,000, l%s, and
$285,000, iy2s
100.16
(Net interest cost 1.677231%.)
requesting the County Board
Supervisors to call an election
maintenance
100.009
(Net interest cost 1.66239%.)
Equitable Securities Corp.,
For
&
The next highest
the
First
National
bidder
tion
to submit to the voters
Bank
Bank, Memphis,
price of 100.95.
iy2s, thereafter to
maturiy
NEW JERSEY
Net income basis
and
;
Bond Election Requested—Peti¬
1956 to 1965.
for the first year,
lows:
Iowa
National
Memphis, as iy2s, at a price
of 101.00—v. 162, p. 724—are in
the denomination of $1,000 and
mature 011 Aug.
15, as follows:
$2,000 in 1946 to 1955, and $3,000
of about 1.401%.
3y2s,
as
Details—The $50,000
Monday, August 20> 1945
Avon-by-the-Sea, N. J.
Bond Sale—The $50,000 issue of
1945, reconstruction bonds offered
for
Co. of
in
Cottonport,
$750,000,
,
1945, improvement bonds
on Aug.
8 to the Union
Planters
100.01
For
.,
Sale
issue of
(Net interest cost 1.5423%.)
Cottonport Bank,
These bonds
,'Adair County (P. O. Greenfield),
Chicago.
awarded
$658,000, iy2s
June
1, from 1946 to 1960. The next
highest bidder was the City Se¬
curities Corp., Indianapolis.
of
Batesville, Miss.
Barrow, Leary & Co.,
John Dane, and
Felix M. Rives,, jointly,
For $92,000, 3s, and
Denomination $600.
These
bonds are due $600 on July 1,
1946, and Jan. and July 1, 1947 to
Jan.
1, 1956.
The next highest
bidder was Fox, Reusch & Co.
of
1
/
<
National Bank of
Dated Aug. 1,
Bank of Converse.
tions
were:
Commerce, New Orleans,
Converse
sale
bidders
Hamp Jones Co., both of Jackson.
Dated July 15, 1945. Legality ap¬
proved by Charles & Trauernicht,
Scharff & Jones,
future.
1945.
$50,000 in 1966, as iy2s. Dated
Aug. 1, 1945. Denomination $1,000.
& FINANCIAL CHRONICLE
Co., Valley Stream, with'
York exchang'e. Bonds
wilU
be valid and legally
binding gen-'
eral obligations of the School
DisNew
w".'
v
:/'-'V::; ->i.
'.
'
■
"
■; "•••..;
Volume
*trict,
/V-•"•■:
• v;.
r-:i-r[y':/rv-V/;\
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4413
162
all the taxable real property
which will be subject to
within
the
levy of ad valorem taxes to
pay said bonds and interest there¬
on, without limitation as to rate
Said bonds
amount.
or
School in said District, the period
of
probable usefulness of which
is 10 years, pursuant to the Edu¬
cation Law, as amended. In the
event that prior to the delivery of
the bonds the
income received
by private holders from bonds of
the same type and character shall
be taxable by the terms of any
> Federal income tax law, the suc¬
cessful bidder may, at his election,
be
relieved
of
his
obligations
the
contract
the
and
bonds
purchase
to
such
in
the
case
deposit accompanying his bid will
be returned. The approving opin¬
ion of Vandewater, Sykes & Heck¬
City, will be
ler/ of New York
1^ furnished to the
out cost. Enclose
for
purchaser with¬
a
certified check
$640, payable to the District.
State Insurance
The
Sale—The
Bond
•
20
■
p.
11
(EWT) on Aug. 23 for the
purchase of $323,000 bonds of the
State of North Carolina and local
a.m.
subdivisions.
>
fully
lots
725—were awarded as follows:
Lot No. 1 through 16, and 18
through 20 to Chas. E. Weigold
6 Co., and Geo. B. Gibbons & Co.,
Inc., both of New York, jointly,
$162,000 Oct. 1,1946 to 1950. Other
bidders
Easter-
were
follows:
as
For 1
Price Bid
Co.,
First Cleveland Corp.,
First of Michigan Corp.
450,000
the
Seasongood & Mayer,
Wm. C. Seufferle & Co,
.» >'
Van Lahr, Doll & Isphording
general
obligations;
un¬
tax; delivery at place of
purchasers choice. Principal and
interest
payable in New York
City.
Bidders are requested to
name the interest rate or rates,
in multiples of % of 1%.
Each
bid may name one rate for part
only;
limited
of the bonds
the earliest
(having
and another rate for
maturities)
than
two
and each
bid the
rates,
bidder must specify in his
amount of bonds of each rate. The
bonds will be awarded to the bid¬
der offering to purchase the bonds
cost to the
at* the lowest interest
Town, such cost to be determined
by deducting the total amount of
of New York.
Wheelin, Assistant Direc¬
tor, also announced that the vari¬
ous
fully registered New York
and New Jersey municipal bonds,
owned
by the Aggregate Trust
Fund, and offered at the same
time by the State Insurance Fund
of New York, as Administrator,
amounting
to
$806,500
were
as
Nos. 1-A to 3-A, 9-A to
17-A to 19-A to Chas. E.
Weigold & Co., and Geo. B. Gib¬
bons
& Co,, Inc.,
York, jointly.
both
New
of
Lot Nos. 5-A to 8-A to the Com¬
Union
merce
of the bonds until their
maturities.
Weil, Roth & Irving Co,
jointly
Bank
ion
of
of
of
New
|#
Nashville.
16-A
to
the
Harris Trust & Savings Bank of
than
less
York
ket—J.
lows:
type and character shall be
same
100.155
,
at
may,
relieved
of
his
bonds
posit
be
and
in
such
■
'
check
for
his
Enclose
$500,
bid
will
certified
a
payable
the
to
State Treasurer.
O. Gastonia),
Sanford, N. C.
bonds awarded
National
Bank
on
of
$100,000 sewer
Aug.. 7 to the
Sanford, as 2s,
7 to John Nuveen &
cago,
and the Wachovia Bank
Trust
Co., of Asheville, jointly, at
a
price of 100.013,
cost
of
1.131%,
I^pJJAs, and $35,000,
725—also
a
$90,000,
&
as Is—v. 162, p.
the following
received
Bidders
Bond
-V
Co., Wilson,
'
For $30,000 3s, and
$95,000 Is
100.04
(Net interest cost 1.135%.)
{Ht. S. Dickson & Co.,
23
for
to
For $30,000 3V2s, and
.
$95,000 Is
(Net interest cost 1.17%.)
Kirchofer & Arnold,
For l%s
;
■
100.05
„
any
1954.
Oct.
of
15,
Resolution
lution
of
100.003
„
1952.
on
Enclose
or
a
of the bid.
Presented—A
$175,000
resor
incinerator construc¬
/■
■/:'
Cuyahoga County (P. O.
Cleveland), Ohio
The $1,625,000 refunding bonds
■
offered for sale
i*(Net interest cost 1.229%.)
p.
Co.
(P.O.
Greensboro), N. C.
on Aug. 13—v.
162,
615—were awarded to the Na¬
tional
as
City
%s, at
Portfolio Offering—Sealed bids
addressed to T. H. Lind of the
of •about
Company's
bonds
Depart¬
1945.
a
Bank
of
New
York,
price of 100.10, a basis
Dated Sept. 1,
0.714%.
Denomination $1,000. These
are
due
coming into the market, how¬
ever, and business is dull.
are
Election
Ohio
election
hospital
a
resolu¬
an
issue
construction
$163,000 April and
Resolution
'
*
"v
:
(P. O. La Grande), Ore.
{
Bonds Offered—R. O. Williams,
District
bids
Clerk,
until
the
4
p.m.
purchase
bonds.
of
received
sealed
on Aug. 17 for
$10,000 stadium
These bonds
author¬
were
at the election held
on
June
15, 1945.
'
PENNSYLVANIA
Philadelphia, Pa.
$17,000,000 vehicular tunnel under
the
Passed—On
of
$91,875 town
hall
Previously, the Welling¬
ton
Village Council passed an
ordinance calling for the issuance
of $13,125 bonds to pay its share
of cost of the project.
Delaware
Pennsylvania
south
River,
linking
New. Jersey,
and
of
Philadelphia, has been
recommended to the Philadelphia
City Council by the Philadelphia
Planning Commission.
v Completion
of
the
proposed
project
would
join
Gloucester
County, N, J.,
with
Delaware
County, Pa., south of the Phila¬
delphia Southwest Airport, and
OKLAHOMA
would provide a by-pass around
Philadelphia for through motor
Cord ell, Okla.
Bond Offering—Fay Mitcham, traffic between Washington and
New York, and from Pennylvania
City Clerk, will receive sealed
to Jersey seashore resorts.
•
bids until 8 p.m. on Aug. 20 for
Long under consideration, the
the purchase
of $100,000 bonds
project was originally conceived
authorized at the election held on
as
a
private venture, but under
July 24. These bonds are described
.
r
present proposals it would be
follows:
as
con¬
structed
$65,000 airport bonds.
in 1948 to
12,500
1960
Due $5,000
by a public "tunnel au¬
thority" with Federal aid.
;
equipment
street
bonds.
$2,000 in 1948 to 1952,
$2,500 in 1953.
22,500 community building bonds.
Due $3,000 in
1948 to 1954,
,
and $1,500 in 1955.
.
The
Purchased—An
1%%
works
issue
of
RHODE ISLAND
x'
.
bonds
to
23
date
to
be
and accrued interest.
certified
check
for
Enclose
2%
the
of
Such
thereafter
sanitary
July 30
SOUTH
National
First
Bank, of Coweta,—v. 162, p. 615—
were sold as
1.40s, at a price of
These bonds are due $2,000
in
1948 to
intention
resolution
Council
to
and
redeem
shall
Bond
Election
interest
voters
retirement fund of the
City, such
an
issue of bonds to take up war¬
rant indebtedness.
Nashville, Tenn.
the
to
election
held
the
on
Aug. 14.
Norman, Okla.
14—v.
to
offered
162,
the J.
p.
E.
Oklahoma
est bidder
$60,000 hospital
sale .on Aug.
726—were awarded
for
Piersol
City.
was
•
Bond
Co.
of
The next high¬
C. Edgar Honnold,
4
for
Cutler City, Ore.
$6,000
was
water
improvement
approved by the voters
Bond
on
Echo, Ore.
Offering—W.
sible
of
1945
bidder
July 25.
Crary,
lowest
Not
par
interest
more
cost
than
one
to
the
interest
shall be named by
each bid¬
Principal and interest (J-J)
payable at the City Treasurer's
office.
The bonds are to be issued
subject
of
to
the favorable
opinion
Chapman'& Cutler of Chicago,
will
expense
able at the
terest.
own
be
furnished
of the City.
bidder
furnish
De¬
less than
der.
City Recorder, will receive sealed
1, 1945.
not
The highest
bidder shall be the one who offers
which
H.
at
and accrued interest.
bids until 5 p.m. on Aug. 31 for
the purchase of $7,500 water sys¬
tem bonds, not exceeding 4% in¬
Sept.
Sept.
$30,000
will be sold to the
least 30 days prior to the date of
call.
Principal and interest pay¬
Dated
of
extension
Jr.,
sealed
on
These bonds are due $10,July 1, 1948 to 1950., They
highest respon-v
000 on
City.
Bond Issue Approved—An issue
at the election held
receive
(CWT)
purchase
main
$1,000.
rate
of
will
a.m.
the
water
the
OREGON
bonds
Clerk,
bids until 10
bonds, not exceeding 3% interest.
Dated July 1, 1945. Denomination
Bond Sale—The
bonds
Bond Offering—W. M. Carr,
City
ful
City Treasurer's office.
in circulation calling for
election to submit to the voters
issue
Held—An
submitted
was
at
the officer in charge of the bond
ordinance or resolution to be pass¬
ed and such notice to be given at
are
an
Okla.
$235,000 site purchase and con¬
struction bonds, not exceeding 2%
or
be
tions
District, S. D.
Requested—Peti¬
TENNESSEE
School District,
of
notice
given to the paying agent for and
to the trustee of said bonds and to
Bond Election
1953.
Lawton
redemption
of
OAKOTA
School
par.
ac¬
In
the
to
$12,000
bonds awarded on
sewer
at
time, the bonds
right
of
of $15.-
improvement
was
Newell
Bond Sale Details—The
ical order of those then outstand¬
ordinance
street
favorably voted at the.
held on Aug. 7.
Dated
Sept.
1,
1945.
.Denomination
$1,000.
These bonds are due on
Sept. 1, as follows: $1,000 in 1946
to 1952 and $2,000 in 1953 to 1956.
Coweta, Okla.
shall be called in inverse numer¬
shall be exercised by
21/2%
election
the
sold to
the lowest rate
agreeing to pay
and
Bonds Voted—An issue
000
bonds
amount bid.
a
102% of their par value and
crued interest to date of call.
time
will
offering
interest
was
$10,000 in 1946 to 1949, $15,000 in
1950 to 1954, $30,000"in 1955 to
1957, $25,000 in 1958 to 1960, and
$30,000 in 1961 and 1962.
Said
bonds shall be subject to call for
redemption, m whole or in part,
011 May
1, 1954, or upon any in¬
paying
Woonsocket, R. I.
mortgage
first
revenue
July
on
bonds
bidder
a
Denomination $1,000. These bonds
are
due on May
1, as follows:
of
bonds.;
bonds.
of
syndi¬
cate composed of Braun, Bosworth
& Co, Inc., McDonald & Co, of
Cleveland, and Siler, Roose & Co,
of Toledo. :Dated May
1, 1944.
ing.
bonds.
Tunnel Link With New Jersey
Recommended—Construction of a
issuance
of
from
resolu¬
July 14 the Township Trustees
passed a resolution calling for the
tion to submit to the voters at the
November
or
Passed—A
1
Union County School District No. 1
and
Scheduled—The
City Council has passed
terest
on
Due
Lake wood,
Bond
a.m.
5,000 Port of Portland bonds.
137,000 Multnomah County]
Bridge bonds.
/
1,023,500 City of Portland bonds*
106,000 Multnomah County Road
ized
t
Bond
and $105,000 for a new in¬
cinerator.
unmatured portion of outstanding
bonds shall be called at any time
is
tion bonds,
For IV4S —100.13
Investment
bonds
being presented to the
City Council calling for an issue
(Net interest cost 1.204%.)
Halsey, Stuart & Co.,
:f ;/
Insurance
pay
Ohio
For $50,000 Is, and
Life
re¬
and
Call
Barberton, Ohio
Winsfbn-Salem, jointly,
poses,
the event that less than the entire
Corp.,
Durham,
*R. S. Hays & Co., and
"Vance Securities Corp.,
Pilot
the
These
Oct. 15,
100.41
(Net interest cost 1.188%,)
$75,000 lV4s
on
$4,000
District
certified check for 2%
.
First Securities
$500
The
right to
all
or
after
due
the
serves
installation
system; $439,390 for
parks and other recreational pur¬
awarded
Offering—Ralph L. Trom,
are
elec¬
sewerage
water
DAKOTA
the
purchase of
Denomination $500.
bonds
1947
1
Miami River and
of
$340,000
Clerk, will receive sealed
until 2 p.m. (MWT) on Aug.
bonds.
November
The
Bonds
District
bids
the
Limaf Ohio
Cass County, Kindred School Dist.
No. 2 (P. O. Fargo), N.'D.
Price Bid
at
the
a
for
grade bonds /declined
from 1.47% tp 1.62%. Few bonds
lower
par
Hays & Co.. and
Corp.,
Winston-Salem, jointly,
For $30,000 2s, $35,000
2%s, and $35,000 21/2S.__ 100.
NORTH
•
Branch Banking & Trust
vote
a
S.
as
bids:
to
bonds.
net interest
for
City Council has approved
plans to submit $2,676,090 in bond
is'sues for post-war improvements
Vance Securities
Co., of Chi¬
Ohio
Approved—
Plans
$1,500,000
First Securities Corp.,
R.
future.
projects include $2,131,700 for anti-pollution work in
Durham,
Other Bids—The $125,000 school
building bonds awarded on Aug.
pro¬
The
tion.
N. C.
i
Election—A
street
Issue
District No.
has
war
ington), Ohio
Hamilton,
Bond
de¬
the
the
1.17% today, while the index
10
cil.
which
be submitted to the voters in
near
of
B.
re¬
3,000 Oregon Highway bonds.
9,000 Oregon Veterans Aid bonds.
5,000 Multnomah County School
Mar¬
calling for an issue of $10,improvement
bonds
was
passed recently by the City Coun¬
improvements is
being developed in anticipation of
purchase the
case
accompanying
returned.
his election,
obligations
ceive sealed bids until 11
000
the
bidder
end
Linwood
Sept. 10 for the purchase of the
following
bonds
amounting
to
$1,310,740 held by the Sinking
Funds of the City:
$22,240 Oregon District Interest
& Co, Cincin¬
Aug. 17 as fol¬
on
—
Cornell, City Treasurer, will
tion
the issue of $115,000 bonds
under the contract to
The
Resolution
taxable by the terms of any Fed¬
eral income tax law, the success¬
be
White
Offering
bonds.
Bond
Wellington Township (P. O. Well-
Bond
Portland, Ore.
(State of)
The index for 10 high grade bonds
declined from a yield, of 1.05% to
100.43
of
10
Osborne, Ohio
Elm wood Place (P. O. Cincinnati),
Ohio
may
A.
Harrison,
Plans
in
certified
a
'■"/'?
ket) has declined from a yield of
1.26% on 8/8/45 to 1.62% today.
Curtis, and
'
■
brought some unsettlement in the
municipal market and our index
of the yield
on
20 Ohio bonds
(based on the bid side of the mar¬
Hayden, Miller & Co,
Hawley, Shepard & Co.,
Fahey, Clark & Co,
Paine, Webber, Jackson &
gram
Due
Unsettles
nati, reported
City,
bonds' the
income- received
by
private holders from bonds of the
bnods.
Ohio
War-End
jointly
will be fur¬
nished the purchaser. In the event
that prior to the delivery of the
park
100.18
For 1M% Bonds
Blyth & Co.,
Blair & Co, Inc.,
Breed &
Due in 10
years.
Field, Richards & Co,
Braun, Bosworth & Co.,
Inc., and
Stranahan, Harris & Co, Inc.,
jointly
100.077
opin¬
re¬
Due in 15
years.
25,000
Enclose
$400.
Bond
years.
and
Washburn
&
Chicago, First National Bank of at a price of 100.644, a net interest
Portland, R. W. Pressprich & Co., cost of about 1.89%—v. 162, p. 725
Goldman, Sachs & Co., both of —also received the following bids:
New York and S. J. Rippel & Co.
Bidder
Pride Bid
of Newark, jointly.
R. S. Dickson & Co.,
For $35,000 2VzS, $30,000
NORTH CAROLINA
2s, and $35,000 2Y4s
100.
\rGaston County (P.
1
Hoyt
Other Bids—The
13-A to
of
The approving
Reed,
Lot No. 4-A to Julius A. Rippel,
Lots Nos.
bid
underpass bonds.
150,000 airport bonds.
Halsey, Stuart & Co,
H. M. Byllesby & Co,
R. S. Dickson & Co,
Illinois Co, Chicago,
E. H. Rollins & Sons,
Kebbon, McCormick & Co.,
Milwaukee Co,
Martin, Burns & Corbett,
and accrued interest will be
par
Inc. of Newark.
;
No
respective
street
call system bonds.
V;.M.;
Mullaney, Ross & Co,
jointly
Portland.
check for
60,000 fire alarm and police
ful
follows:
": Lot
i2-A,
•
gate amount of interest upon all
entertained.
Mr.
awarded
the premium bid from the aggre¬
on July 31.
Legality to
approved by Teal, Winfree,
McCulloch, Shuler & Kelley of
be
Due in 30 years.
*
Provident Savings Bank
& Trust Co,
Cincinnati,
are
elec¬
tion held
bonds. Due in 25
sewer
$500. These bonds
the bonds authorized at the
years.
Assel, Kreimer & Co.,
Pohl & CO,
;
and
follow¬
will be submitted to the voters at
$1,500,000
ling, Secretary Local Government
Commission, will receive sealed
bids at his office in Raleigh, uptil
11 a.m.
(EWT) on Aug. 21 for
purchase of $25,000 water and
sewerage coupon bonds, not ex¬
ceeding 6% interest. Dated Aug.
1, 1945. Denomination $1,000. Due
Feb. 1, as follows: $1,000 in 1947
to
1951, and $2,000 in 1952 to
1961. Registerable as to principal
nomination
Planned—The
the November election:
.
Lot No. 17 to Barr Bros. & Co.
Election
ing bonds amounting to $2,185,000
.
C. Allyn &
82?
Middletown, Ohio
'C'-j V-%
% Bonds
Bidder
A.
Robbins, N. C.
Offering—W. E.
Bond
more
registered New • York municipal
bonds amounting to $375,696 offered for sale on Aug. 14—v. 162,
.
until
received
the balance, but no bid may name
Fund of
Y.
New York, N.
be
issued
are
for the purpose of making altera¬
tions
to
the
Brooklyn Avenue
under
will
ment,
the
will
The
at
the
success¬
be
required to
printed bonds at his
Enclose a certified
expense.
check
for $1,000, payable to the
City Treasurer.
*
THE COMMERCIAL & FINANCIAL CHRONICLE
624
Tennessee (P. O. Nashville), Tenn.
Bond Sale—The following bonds
\
amounting
awarded
616—to
$3,500,000
were
13—v. 162, p.
to
on
Aug.
syndicate composed of
the Chemical Bank & Trust Co.
of
a-
York, Equitable Securi¬
ties' Corp., First National Bank,
of Memphis, Kidder, Peabody &
Co., of New York, W. E. Hutton
& Co., of Cincinnati, Third Na¬
tional Bank, of Nashville, Ryan,
Sutherland
&
Co.,
of
Toledo,
Hamilton National Bank, of Chat¬
New
and W. N. Estes & Co.,
Nashville, at a price of 106.1599,
net interest cost of 1.3795%, as
•
New
York,'
Paine, Webber, Jackson
& Curtis,'
Paul H. Davis & Co.,
Otis & Co.,
Milwaukee Co.,
C. F. Childs & Co.,
•'
Webster & Gibson,
J. M. Dain & Co.,
A. Webster Dougherty &
a
institutions bonds, as
114 s.
Dated Sept. 1, 1945. Denomina¬
tion $1,000. These bonds are due
on Sept. 1, 1957.
The next highest
bonds,
as
bidder was:
<
National Bank,
First
New
;
»
Co., Inc.,
Planters
National
Bank & Trust
-
Co.,
Memphis,
Graham, Parsons & Co.,
Bacon, Stevenson & Co., :
Nashville Securities Co.,
Sterne, Agee & Leach, and
Piper, Jaffray & Hopwood,
•;
jointly,
For $2,000,000, iy2s, and
$1,500,000, iy4s
100.1559
(Net interest cost 1.379857%,)
,
.
as
follows:
Harris Trust & Savings
:
Pittsburgh,
be
Corp.,
:
on
Independent School Dist.,
L. F. Rothschild &
Schools,
will
$500.
Due
1,"
1945. Deomination
April
1,
follows:
as
$1,000 in 1946 to 1965, and $1,500
in 1968 to 1975. Principal and in¬
terest payable at a place preferred
by the purchaser. It is the inten¬
Co.,
and
Kebbon, McCormick & Co.,
jointly,
For
$2,000,000, iy4s, and
$l,500,000,t l%s
100.309
—
Board of
Trustees
to
est cost that will
bring a price of
approximately, but not less than,
par
Harriman Ripley & Co., Inc.
are
Stranahan, Harris & Co.,
of the
tion
sell the bonds at the lowest inter¬
(Net interest cost 1.4387%.)
and accrued interest. Bidders
required to name the rate or
combination
of
two
rates
with
their bid which is nearest par .and
accrued
interest.
Any rate or
Inc.,:,.;,;,'
Illinois
Co., Chicago,
1
Field, Richards & Co.,
Mullaney, Ross & Co.,
Farwell, Chapman & Co.,
Fahey, Clark & Co.,
rates named must be in
of
V&
of 1%.
multiples
Alternate proposals
on bonds with
will be considered
5 year
der
Trust Co. of Georgia,
These
Atlanta,
Dempsey-Tegeler & Co.,
Cumberland Securities Corp.,
Nashville,
Co.,
be
required
to
Bond
Sale
Marshall),
to be
on
District.
K
Details—The
$415,-
315,000 series B bonds. Due May
10, 1985.
Midland, Tex.
issue
Purchased—An
Bonds
of
$400,000 water works and sewer
bonds was purchased recently by
the
Ranson-Davidson
Co.,
and
$60,000 maturing Aug. 1, $10,000
in 1948, $5,000 in 1949, $10,000 in
1950 and
1951, $15,000 in 1952, as
lV4s, $60,000 maturing Aug. 1,
$10,000 in 1953, $5,000 in 1954,
$10,000 in 1955 and 1956, $15,000
in
100.649
(Net interest cost 1.44%.)
Export Executive
Experienced establishing
position with
blanks furnished by the
The District will furnish
MANUFACTURER
Box AS
820, The Commer¬
cial & Financial
25 Park
Chronicle,
Place, New York 8,
N. Y.
,
Judge, will receive
10
gymnasium
Bond
the
Heckler of New York.
Midland
Independent
at
District,
Bond
000
Sale
school
School
bonds
$325,-
awarded
Aug. 7 to a syndicate headed
the* City National Bank &
Trust Co., of Kansas City,, at a
net interest cost of 1.85%—v. 162,
on
by
p.
727—were
sealed
improve¬
$105,000 water and
in 1959, $27,000 in 1960 and 1961,
from date.
to
1965.
Robbins, Superintendent of
Schools, will receive sealed bids
until Aug. 21
for the purchase
of $125,000 improvement bonds.
the
collected
and
annual
an
all property in
the
State, until this bond is fully paid,
interest*on this bond and the principalon
thereof within
bond
becomes
the time
and
due
p
this
payable.
less
than par and accrued interest. Accrued
interest to be
calculated
'L
est
darte of
to
delivery.
will be made
To
expedite
interim
Delivery*
City. 4*
if desired
in New York
delivery
certificates
will
be
fur¬
nished
tees, will receive sealed bids until
purchasers. In the event
that prior to the delivery of the i
bonds, the income received by
private holders from bonds of the
same type and character shall be
declared to be taxable underpres- *
ent
Texas
City Independent School
District, Tex.
Bond Offering—Edward
p.m.
Aug. 28 for the
on
chase
of
bonds.
Jaeger,
of the Board of Trus¬
$750,000
Dated
pur¬
schoolhouse
Sept. 1, 1945.
De¬
by
1947, $30,000 in 1948 to 1950, $35,-
any
in
1955
1951
to 1954, $40,000 in
1959, and $45,000 in 1960
to
1965.
to
on
Bids
be submitted
may
combination of
a
two rates in
no
than
more
multiples of Vs of 1%.
It is the intention of the District
to
sell
rate
the
interest
the
at
rates that will net the Dis¬
01*
trict
bonds
approximately, but not less
than,
and
par
accrued
interest.
The lowest net cost to the District
sewer revenue
Revenue
or by a
de¬
Federal Court or
be taxable by the terms of -.**
of
shall
any
County School Dist. No.
20T (P. O. Yakima), Wash.
Bond Offering—C.-S. Cole,
County
Treasurer,
after
sealed bids until 10
a.m.
1
for
the
purchase of $100,000
building bonds, not exceeding 6%
interest/ These bonds were orig¬
inally
offered
for
sale
Aug.
on
11, and postponed.
WEST
companying
turned.
The
West
chasers will be furnished with the /
final
approving opinion of Cald¬
Marshall,
Trimble
&
well,
Mitchell of New York, but will be
required to pay the fee for ap¬
the
bonds.
Enclose
a
certified check for 2% of the face
of the bonds bid
for,
The
successful
awarded
Meadows,
A.
Governor, will receive
(EWT)
purchase of
$1,000,000 road bonds, not ex¬
ceeding 4% interest. Dated May
1, 1945. Coupon bonds in $1,000
sealed
on
bids
Aug.
21
until
1
p.m.
for the
denominations
convertible
into
of $1,000
and
$5,000 denominations.
Due
$40,000 May 1, 1946 to 1970. Rate
of interest to be in a multiple of
V4 of 1%. Parts of the issue may
registered
different
bear
-
three
bonds
rates.
rates
will
Not
more
be
con¬
V»r\nrlc!
1-iAQrincf
thp
bidder
will
be
option
until
one
o'clock p.m. (eastern war
time), J
Aug. 24, to purchase an additional
$1,000,000 of Road bonds alike in
all respects to this issue at the
same
an
price, conditions and terms*
bid for this issue.
tion
In
case
the op¬
is
not exercised, the addi¬
bonds will not be offered
for sale until after the
successful
tional
■
bidder has had
reasonable op- *
a
portunity to dispose of this issue.
CANADA
ONTARIO
Etohicoke
Townshify (P. O. Etobi-
Bond
Offering—S.
Clerk-Treasurer, will
ed
bids
until
2
schoolhouse
B
11,
h
j
Aug. 20
$117,000 31/2%
>
bonds
on
a r r a
receive seal-
p.m.
for the purchase of
f
I
coke), Ont.
on
Aug. 10.
was
I
originally
This
postponed.
Fort William, Ont.
:
Bond
Offering—Clarence
.
pay-
able to the State.
W. Va.
Bond
•
proving
value
previous offering
Virginia (P. O. Charleston),
re¬
under p
his bid will be re¬
purchaser or pur¬
offered, for sale
VIRGINIA
be
the contract to purchase the bonds
and in such case the deposit ac¬
Sept.
on
h
enacted, the successful bid¬
der may, at his
election,
lieved of his
obligations
receive
will
,,
Federal income tax law here-
Yakima
+/-.
:
income
tax
laws,
ruling of the Bureau
a
of Internal
cision
000
,
Federal
either
nomination $1,000.
Due March 1,
as
follows:
$25,000 in 1946 and
Oct.
..
of
from May 1, 1945: Purchasers will
be required to pay accrued inter¬
T.
1, from 1946 sidered in any one bid., The bonds
Optional 10 years i will be sold to the bidder offering
bonds. Due
-
Works
The bonds cannot be sold at
Taylor School District, Tex.
Offering — Edward
than
1952, $23,000 in 1953
1954, $24,000 in 1955 and 1956,
$25,000 in 1957 and 1958, $26,000
it
annually cause to be 7
15
bonds.
in
on
and
levied
sum
city
Public
of
be
1,750,000 city-county auditorium
Tex.
Details—The
house
is
agreed that, within the limits pre¬
scribed by the Constitution, the
to
ments bonds.
4
not-
are
purpose,
Sept.
between
various
sufficient
that
for
available
sufficient to pay the annual
1:
$6,980,000
interest,
revenues
State tax
election
an
sometime
$50,-^
bond, principal sum
when other funds
and
to
to
amounting
be submitted
may
as
3, 1945. To secure the pay¬
of this
Board
The
—
known
000,000 State Road Bond Amend¬
ment and under authority of an
Act of the State Legislature, 1945,
Regular Session,. known as En¬
rolled House Bill No. 119, passed
^
.
and
Planned
1
issued
are
authority of amendment to
Constitution
the
State shall
bonds
voters
and Oct.
an
Antonio, Tex.
Election
following
$8,730,000
fully
1951
construction
favorably voted at
election held on July 27.
Aug. 20 for
Morton, Tex.
the
purchase of $454,000 2%%:
Bond
Offering—Tom Morgan,
road bonds.
Dated July 1, 1945.
Mayor, will receive sealed bids
These bonds are due on Jan.
1, as until 2 p.m. on Aug. 23 for the
follows: $20,000 in 1947 and 1948
purchase of the following bonds
$21,000 in 1949 and 1950, $22,000 amounting to $175,000:
a.m.
$90,-
was
Sari
bonds
These
:*
under
and
1957, as IV2S, $75,000 maturing
will be the prime factor in de¬
$25,000 Aug. 1, 1958 to 1960, as
termining the acceptable bidder.
l3/4s, $125,000 maturing Aug. 1,
Principal and interest payable at
$25,000 in 1961, $30,000 in 1962
a
bank
preferred by the pur¬
and 1963, $40,000 in 1964, as 2s,
chaser.
These are the bonds au¬
and
$100,000 maturing / Aug. 1,
thorized at the election held on
1965, as 13/4s.
July 21, 1945, by a vote of 122 to
Dated Aug. 1,
1945. Denomi¬
5.
Bids to be on forms furnished
nation $1,000.
Principal and in¬
by the District. The District will
terest
payable at the First Na¬
furnish the printed bonds, a copy
tional
Bank,
Midland.
These
of the legal proceedings, the ap¬
bonds, authorized at the election
proving opinion of Gibson & Gibheld on July 21, constitute direct
son, of Austin, or Chapman &
and general
obligations of the
Cutler, of Chicago, and will de¬
City, payable from ad valorem
liver the bonds to the bank desig¬
taxes- levied against all the tax¬
nated, all without cost to the pur¬
able
property
located therein,
chaser.
Estimated
date
of
de¬
within the limits prescribed by
livery, Oct, 1, 1945.
Enclose a
law.
Legality approved by Mccertified check for $15,000.
Call, Parkhurst & Crowe of Dal¬
las, and Vandewater,
Sykes &
WASHINGTON
bids until
1V2S
York.
8
Due May
10, from 1946 to 1966.
nent
;
highest prices offered for bonds
bearing such; rate. Principal and
interest payable in lawful money
at the State Treasurer's office, .or
at the National City iBank, New
March
v.-
Bonds Voted—An issue of
Secretary
foreign markets; Extensive
connections; Seeks perma¬
jointly,
:
author¬
were
sold as follows:
ion of Gibson & Gibson of
Austin, $134,000 maturing Sept. 1, $10,000
and will deliver the bonds to the
in 1946, $13,000 in 1947 and 1948,
bank designated by the
purchaser $14,000 in 1949 and 1950, $11,000
without cost to him. It is antici¬
in 1951 and 1952, $15,000 in 1953,
pated that delivery can be ef¬
$16,000 in 1954, $17,000 in 1955,
fected before Oct.
15, 1945. En¬ as 2s, and $191,000 maturing Sept.
close a certified check for
$700, 1, $17,000 in 1956, $18,000 in 1957,
payable to the District.
;
$17,000 in 1958, $18,000 in 1959,
Cameron County (P. O. Browns¬ $19,000 in 1960 to 1962, $11,000
in 1963, $26,000 in 1964, and $27,ville), Tex.
000 in 1965, as 13/4s.
Dated Sept.
Bond Offering—Oscar C.
Dancy,
1, 1945.
Denomination $1,000.
County
For $3,500,000.
bonds.
held
follows:
as
provide
redemption of the out¬
standing bonds as a part of the
refunding process at the time the
exchange is to be effected. Bids
the printed bonds, a
copy of the
proceedings, the approving opin¬
Leftwich & Ross, and
Carleton D. Beh Co.,
bonds
Texas
option. The successful bid¬
will
a
of 1%. En¬
1% of
V2
or
to
in
Quitman Independent School Dist.,
an
Independent School Dist.
funds for
Cruttenden & Co.,
Julien Collins &
of
E. Lassiter,
Aug 30 for the purchase of $35,000 refunding bonds, not exceed¬
ing 5% interest.
Dated Oct.
'
.
Texas
receive sealed bids until 8 p.m. on
National
Bank,
at
Aug. 25.
Rauscher, Pierce & Co., both of
San Antonio, jointly, as follows:
price of 100.425.
Superintendent
Bidders
interest
Bond
$50,000
Aug. 7
the Union Planters
Bond Offering—W.
City Bank,
York,
1945.
Tipton
;.
Nashville, and
(Net interest cost 1.385%.)
on
$100,000 series A bonds.
Tenn.
Sale Details—The
American National Bank,
•.
the voters
to
of
issue
scribed
a
of
certified check for
a
bonds will
Tipton County (P. O. Covington),
Annona
$2,000,000, IV2S, and
$1,500,000, iy4s
100.089
An
way
refunding bonds awarded
recently to McRoberts, Graham &
Co., of San Antonio—v. 162, p. 296
—were
sold at par.
Dated May
10, 1945.
These bonds are de¬
TEXAS
For
submitted
Tex.
•—
000 3%
was
close*
ized at the election held oh July 3.
City,
Co.,
Election
with investors within a
following receipt of the
award.
In the re-offering,
the
iy2s were priced to yield 1.30%,
and the l%s were offered at par,
bonds awarded
Houston,
rates
multiple of y4
000
$350,000 iy4% and l3/4% series of
1945, airport bonds has been ap¬
proved as- to legality by W. P.
Dumas of Dallas. Dated July 15,
placed
the
of
name" the
construction
Legality Approved—An issue of
few hours
phis, at
fm. Blair & Co.,
Coffin & Burr,
Chicago,
highway
Mercedes
school
on
Texas
Harrison County (P. O.
T exas
Ingen & Co.,
National Bank & Trust Co., Mem¬
Co.,
Commerce Trust Co.,
New
fol¬
,
A. G. Becker &
First National
as
25.
hospital
county
election to be held
"-V
>
est bidder
jointly,
-
$350,000 right of
County-Farmers
Union Bank of Covington, at a
price of 100.50—v. 162, p. 726—
were sold as iy4s.
The next high¬
Corp.,
J. C. Bradford &
Aug.
on
described
El Paso,
John Nuveen & Co.,
Kansas
an
Bonds Quickly Sold — The
underwriting
group
announced
that
the entire issue had been
to
Bank, Chicago,
Mellon Securities
at
the
Bond
get," Inc.,
Bond
authorized at the election held
bonds
■
were
voters
bonds.
-
Other bidders
held
are
city
2,000,000
Lehman Bros.,
—
April 1, 1945, Denomi¬
$1,000. These are the bonds
bonds,
jointly,
$2,000,000, iy4s, and
$1,500,000, 1%S —V-—10014
(Net interest cost 1.4519%.)
Co., St. Louis,
E. H. Rollins & Sons,
Dated
nation
the
lowest- interest rate and to pay:
ment
For
& Trust
Union
bonds
$7,000,000
Hannahs, Ballin & Lee,
Charles Clark & Co., and
Jack M. Bass & Co.,
Mercantile-Commerce Bank
•
be
to
the
lows:
Stone & Webster and Blod-
First of Michigan
York,
Blair &
The
"
$2,000,000 iy4s, and
100.21
B. J. Van
Halsey, Stuart & Co.,
Lazard, Freres & Co.,
amounting to $9,000,000 will
submitted to
election
.
:
;•
Estabrook & Co.,
R, S. Dickson & Co.,
20,000 city hall bonds. Due $1,000 April 1, 1946 to 1965.
Francis
be
r
(Net interest cost 1.4467%.)
hospital
tuberculosis
1,500,000
lV2s.
;
April 14,1945. Legality approved
by
Vinson, Elkins, ; Weams
&
$1,500,000, l34s_
penal
.
bonds
.
jointly,
For
and
charitable
i
.50,000 street improvement bonds.*
Due : April
1, from 1946' to
1965.
V:*.'
:
Dallas County (P. O. Dallas), Tex.
.Bond Election — An issue of
Martin, Burns & Corbett,
follows:
$2,000,000
.
Co.■, and
tanooga,
of
$28,000' in " 1962; $29,000" in 1963,
and $47,000 in 1964.
Bonds ma¬
turing. in 1964 to be optional on
any interest payings date.
Prin¬
cipal and interest payable at the
State Treasury.
Enclose a certi¬
fied check for 2% of the bonds,
payable to'the County Judge.
Phelps, Fenn & Co.,
; v
R; W. Pressprich & Co.,
New York,
Union Securities Corp.,
Monday; August 20, 1945
084.30
Sale
3%
Details—The
$73
-
\
bonds
I
recently to the Bank of
Montreal, at a price of 100.70,—v
162, p. 512—mature on July l'
$
improvement
awarded
as
follows:
$5,486.98 in 1946
$5
-
65L60
in l047,
$5,821.15 in'l948,
$5,995.79 in 1949, $6,175.70 in 1950
$4,463.44 in 1951, $4,597.34 in 1952*
$4,735.26 in 1953, $4,877.33 in 1954'
$1,121:77
$1,190.09
$1,262.56
$1,339.45
$1,421.03
$1,507.57
An I955' $1,089.10 in 1956!
in
1957, $1,155.43 in
1958
in 1959, $1,225.79 in I960
&
in 1961, $1,300.44 in 1962
\
in 1963, $1,379.64 in 1964'
in 1965, $1,463.66 in 1966
in 1967, $1,552.80 in 1968
$1,599.38 in 1969, and $1,647 35
in
1970. Net Income basis
2.93%
,
-
@FedFRASER