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MONDAY
Reg. U.
Volume
New
Number 4205
158
STATE
AUG 2 3 1943
S. Pat.- Office
Price
York, N. Y., Monday, August 23, 1943
a
Copy
DEPARTMENT
CITY
AND
60 Cents
BOND PROPOSALS AND NEGOTIATIONS
municipality or the title of the
present officers to their respect1
■
.
■
/n This Issue
.
ice officers.
; j.;■.
The notes
are
valid
bonds
at
15.59
funding,
of the
fore
binding general obligations
City, and for the payment
principal and interest thereof,
the City has power to levy ad
City News
valorem
as
classified timber lands taxable
Exchange
with
there
certificate
a
Assessor, certifying
such classes
no
are
of
the City on the
Grand List of 1942.
Exempt from
the statutory 5% debt limitation
and from present Federal income
taxes and from taxes of the State.
They are legal investments for
savings banks in the State.
De¬
livery on or about Sept. 14, pay¬
ment to be made with accrued in¬
terest to the date of delivery. The
Denomination, $1,000.
on date called.
Interest
■
High School
Colorado State College of Agricul¬
Dist. (P. O. Kingman), Ariz.
ture and Mechanic Arts
Bond Sale—The $12,000 semiBond Call—The State Board of
ann.
funding bonds offered for
sale on Aug. 12—v. 158, p. 441— Agriculture is calling for payment
were
awarded to Refsnes, Ely, on Sept. 15, all of the outstanding
Mohave County Union
Due
1943.
1/
;
■
$4,000
1944 to 1946.
1
best
& Co.
cher
bid
was
bonds described as follows:
an
of Denver.
ARKANSAS
:
I \
7
•
Bond Call—County Judge I. O.
Gaylor is calling for payment on
Sept. 1, at par and interest ac¬
crued to date of call,
the following-
refunding bonds:
r.
Nos. 5, 6
to the
1959.
presented
Commercial National Bank,
Rock, for payment.
CALIFORNIA
San Francisco,
in¬
Sept. 15, 1943,
and a premium of 4% of the prin¬
cipal amount thereof, will be paid
on Sept.
15, at the United States
to
thereon
terest
.
than
in
est
on
will
bonds
said
cease
were
60% larger
May, 1942, according to
Outlook" published by
Bank, San Fran¬
The first five months' re¬
ceipts were $5,936,588, up
35.7%.
COLORADO
County School Districts
O. Las Animas), Colo.
Bond Call—The
urer
is
calling
County Treas¬
for
payment
on
ing bonds, Nos. 12, and 42 to 44.
Dated Sept. 1, 1931.
Sept. 1,
r
High School Dist. Building, Nos.
25 to 30.
The State Board of Administra¬
Federal income tax law, the
successful bidder may,
at his elec¬
the
with
favorable
opinion of Ropes, Gray, Best, Coolidge & Rugg, of Boston.
Enclose
a
certified
value
face
for
check
the
of
of
the
bid
2%
notes
for,
payable to the City Treasurer. ; !
f
FLORIDA
Florida
-7^1
,
(State of)
interest
reduce
or
$15,000,000
are
worth
rates
chase
of
short-term
$350,000
rate is not to
Interest
1%.
Dated
to
Sept.
1943.
denominations
name
Due
1,
ex¬
Sept. 1, 1944. Prin¬
at the City Treasurer's
money
office.
for
all
Bids
of
must
the
be
offered
notes
award will be made
whose bid for all of
submitted
be
and
to#the bidder
the'notes shall
deemed
highest and best.
No
bid will be accepted for less than
par and accrued interest to date
delivery.
prepared
The
The
under
First
will
notes
the
be
supervision
National
Bank
&
Trust
Board
State
the
Oct.
mature
1
which
for
but
of
already is insufficient.
This will be the first refunding
by the board under its new con¬
stitutional
authority,
and
.
mem¬
bers
expect the purchase price and
interest rates at which they are
sold
to
77'7'.' 7"I
i
The obligations will be met by
issuing refunding bonds to raise
for paying off the old ones.
Hillsborough County issue is
$721,000
to
replace
the
same
amount of old bonds bearing 5%
money
The
interest.
interest
the
makes
than
more
whole
double
debt
that—only
Members of the State board are
amendment
adopted for the
ing
up
2-cent
lon
is
which
purpose
was
of clean¬
the debt with
a
share
7-cent-a-gal-
gasoline
of
the
tax
guaranteed
has
made
the
sales.
seal
impressed
is
on
the
no
controversy
or
litigation, threatened or pend¬
ing, concerning the validity' of this
issue of notes, the corporate ex¬
istence
of
the
boundaries
of
the
Refunding Bonds Pending—The
Board
of Administration,;
,
State
bonds
such
owners
desirable
are
turn them loose
It
not
securities
expected
to
except at distress
pointed out that about
the only other way the bonds can
be redeemed is to pay high prem¬
ium prices (Pinellas County re¬
cently bought a few of its own
was
its
under
constitutional
new
au¬
thority, is said to have taken initial
steps toward issuing $721,000 re¬
funding bonds to take up a like
amount of road and bridge bonds.
Hollywood, Fla.
Bond Sale—The following
bonds
ann.
for
offered
sale
14—v.
Aug.
on
semi-
$100,000,
aggregating
expect the bids of bond
buyers to set an interest rate of
close to 2% on all three issues.
p. 533—were purchased
John Nuveen & Co. of Chicago,
Such
a
3.39%:
should
$52,000
3%%
by
Z
feel,
said
to
reduction in interest,
they
possible because
backed by the gas
be
are
tax
board
ones.
158,
has
it
where
series
the
difference.
Board
members
resort
to
and
property taxes
bridge debts.
Florida
Cigarette
ceed
by
State
over
was
new
cigarette
Scarbor¬
Director,
three-cents-
tax
produced
reported that
beer, wine and whiskey tax
collections spurted again during
July to 39.26% above the same
also
State
Beverage tax re¬
ceipts had dropped to an increase
uf only 3% in June.
In
■.
Due Jan.
the
will be dated
Interest J-J.
1, 1942.
There
for
other bid received
was no
bonds.
said
Key West, Fla.
/
Study—
Debt Refunding Under
stated that Pat Whitaker of
index
proposing the cigarette
tax
Page
Quotations:
New
York
Stock
New
York
Curb
Stock
Other
Exchange..
Exchange
Exchanges...........
Canadian
Markets—Listed
and
761
Unlisted
State
737
753
758
763
Securities
Unlisted
$700,000 in the first month of
operation, which is consider¬
ably
above
expectations.
Mr.
month of 1942.
the bonds
All of
Dec.
Ex¬
reported
its
Scarborough
bonds.
1942
1, as follows: $4,000 in 1952;
$8,000,
1954;
$15,000,
1956;
$1,000, 1957; $16,000 in 1958
and $4,000 in 1959.
It is
Revenues
Edgar W.
Beverage
that the State's
a-pack
„
Due Jan.
(State of)
Tax
Estimates—It
recently
to. pay
bonds.
as
series
words, if the
falls to the point
alone cannot pay the
declare, however, there is no pros¬
pect that any county will have to
general refunding,
1942
follows: $27,000 in 1949
and $25,000 in 1950,
48,000 3%% general refunding,
1,
In other
can be forced to
sufficient taxes to make up
raise
at
price of 102.10, a basis of about
a
Su¬
the
authority
to
debt, the county
ough,
and
There
Hillsborough County (P. O.
Tampa), Fla.
block
interest, and the Pinel¬
$100,000 will take the
place of that amount with V/z%,
tional
that
the
extent of the entire available sur¬
las issue of
represented
by bonds that can be called in for
payment or exchanged for refund¬
ing bonds.
The $97,000,000 balance is noncallable, and the State constitu¬
$15,000,000
the
Composition
Sarasota's $97,000
bears 4%
road
about
of
plus.
indicate, if not establish,
securities.;; /',
with
provisions of
of the
city, he will receive, sealed ten¬
ders until Sept. 7, of refunding
bonds, dated June 1, 1939, to the
gas tax revenue
majority of it for years, even if
is available to pay off.
v
According to press reports the
board found that of the $112,000,000 total principal involved—and
Revenue
General
the
Plan
the
the market for future sales of like
new
money
to
cordance
gas
tax money
little chance of
reducing the great
collected, $611,100 was trans¬
ferred
Following several months of
establishing policy and getting counties.
Supreme Court clarification of its
Fort Meade, Fla.
authority the board has taken the
Bond
Tenders
Invited—It
is
initial
step
toward / refunding
stated by C. W. Langford, City
$918,000 of Hillsborough, Sarasotaand Pinellas County bonds which Manager and Clerk, that in ac¬
Administration has found there is
Co., Bridgeport, and they
will certify as to the genuineness
of the signatures of the officials
notes.
total
pledge the full property taxing
authority of the county which is¬
sued the original bonds behind the
debt,
collections,
$12,042 in annual dollar
permit fees from dealers, came
from the sale of stamps.
Of the
Fund, where it was apportioned
to old age assistance and aid to
State
bridge
drop,
All the cigarette tax
that
ida's multi-million dollar road and
Bridgeport, Conn.
estimate how
not
except
guarantee plus a State
preme
Court: decision that
liquidating, refinancing and
lowering the interest rate of Flor¬
existing stocks, but
could
much they will
callable.
the bonds
Debt Surveyed
to stamp
officials
the
on
bonds
of
after the first month's
to fall off
V rush
of
Note Offering—Sealed bids will
be received until noon (EWT), on
Sept. 3, by Perry W. Rodman,
City Comptroller, for the pur¬
of
Sept. 1, the following bonds:
School Dist. No. 1, 4% Refund¬
1932 to 1946.
any
Road and Bridge
4
of
(P.
.•
—Ready to tackle the big problem
desired.
the Wells FargoZ
Bent
general type and character
shall be taxable by the terms of
same
on
CONNECTICUT
Bidders
"Business
cisco.
notes, the income received
by
private holders from notes of the
Inter¬
National Bank of Denver.
Receipts
$1,312,059,
prior to the delivery of the
furnished
Higher—Postal
cipal and interest payable in law¬
receipts for May, 1943, aggregat¬ ful
ing
event
principal amount of $91,000,
maturing 1944 to 1962.
Dated Sept. 15, 1938.
the
ceed
Calif.
the
notes, and in such case, the de¬
posit accompanying his bid will be
returned.
The purchaser will be
notes.'
Postal
that
In
bidder.
bonds
Building
Union
and 7RB, to the amount
of $1,000. Due March 1,
Said bonds are to be
of
principal amount of $54,000,
maturing 1944 to 1953. '■777'""
Women's Dormitory bonds in
Student
of $1,500.
Little
successful
date called.
Due March 1, 1944.
No. 84RB, to the amount of $500.
Due March 1, 1958.
Nos. 85 and 86RB, to the amount
free
in the
All of the described bonds,
O. Mountain V
View), Ark.
Stone County (P.
delivered
be
tion, be relieved of his obligation
under the contract to purchase the
in
offer
100.11 for iy2s, made by Boett-
Second
; of
July
on
-J;';:7;y^V
■
Mechanic Arts
and
Agricultural
of
College
State
Colorado
4%
will
notes
charge in New York City' to the
ceases
paying a price of 100.133, a basis
of about
1.43%.
Dated July 1,
>7-7 7: 7;%:,'7.7'
■
furnished
property within
(See Index Below)
IV2S,
■■■'>;
If desired, the purchaser will
a
that
Miscellaneous
of Phoenix, as
ahead.
be
limited
rate) upon all the
within
the. territorial
limits of the City and taxable by
Unlisted! Securities
& Co.
supervision of refundings.
Some
have maturity dates 20 or 30 years
bridge debt retirement, is already
at work in an attempt to buy up
at
Out-of-Town Listed Markets
Beck
the
be¬
given
was
tion, to which the electorate last
year gave almost complete control
of county and district road and
from the Tax
^
board
State
it.
Curb
ARIZONA
by
floated
issues
the
property
QUOTATIONS - ^
Stock Exchange
York
limit,
(except as
to certain classes of property such
York
New
without
taxes
to the rate or amount
as
New
it would
counties just a few years ago
of
Corporation News
State and
Legislature earlier this
Governor Holland estimated
produce $3,500,000 annu¬
ally. If collections follow the pat¬
tern of the first month, the yield
will
exceed
$8,000,000 a year.
However, receipts were expected
year,
of the non-callable bonds are re¬
and
the
to
points above par)
Many
wait until they mature.
or
City Department:
Proposals and Negotiations. 725
and
Bond
General Corp. and Investment
Dividends
Declared
and
News 733
731
Payable....
Redemption Calls and Sinking Fund
731
Notices
The
Course
Foreign
of
Bank
Exchange
Combined
Clearings...,. 764
Rates............ 735
Condition
Statement
of
735
Federal Reserve Banks...,
Member
ment
Banks
Condition
State¬
735
Tampa, and W. F. Devine of West
Palm Beach, have been appointed
to serve as attorney, and account¬
ant, respectively, of a State Sen¬
ate
subcommitteeinvestigating
the
the
of
refunding
Key
Public
Denomination
which
Committee,
was
the Senate to make
investigations between sessions of
•the State Legislature.
*
•
The City of Key West asked that
the Shands Committee conduct the
.
:y
each
~
Whitaker has exam¬
Mr.
as
soon
Key West's
laws relating to
ined
refunding, and Mr. Devine has
completed an audit, he would call
a
public hearing at Key West.
\
1
///</../■
Poor
Board
State
tion, under its new constitutional
authority, is said to have taken
the initial steps toward issuing
$100,000 refunding bonds to
up a
like amount of road
-
Awards
The
take
and
bonds.
bridge
•
Relief
"
/.
Sarasota, Fla.
Refunding
Contract—
city has awarded a refunding
in 1980.
The net interest cost to
will be about 3.42%. . The
city has agreed to establish an
interest reserve fund as well as
the city
to
provide
a
exchange
.
sinking fund on the
of the
On completion
term bonds.
of
the
Rate
$50,000
,,
•,
1V* fo
$50,000
.
.
.
$25,000'
1943.
refunding
new
McCahey, President of
Education, called for
tax anticipation warrants:
against
1942, Nos. E2126 to E-2192, dated Sept. 1, 1942.
Building Fund, 1942, Nos. B4901 to B-5103, dated Feb. 2 and
within
Free Text Book
T-657,
to
an
Fund, 1942, Nos.
dated Feb. 24,
.
interest
the
to
cost
proposal was approximately
3.45%.
Sarasota),
Refunding Bonds Pending—The
State
under
y
Board
its
Administration,
of
constitutional
new
au-
thority, is said to have taken ini¬
tial steps toward issuing $97,000
refunding bonds to take up a like
amount of road and bridge bonds.
ordinance calling for
of $20,500
bonds.
Sept.
on
held
the issu¬
the
judgment funding
was
INDIANA
to present them to the
Board of Education, City of Chi¬
Room 352, 228 North
Salle St., on or before Aug.
1943, in order that same may
verified and interest computed
cago,
cash warrants drawn on
City Treasurer may be
on Aug.
10 the issuance of
$125,000 construction bonds
approved by unanimous vote.
be offered • for sale shortly.
County
La
12,
be
be received until
so
the
District No.
not
Sept. 1, 1935,
will
be
than
one
rate
to
the
A portion of that $6,000,-
perts.
000, too, came from about $1,300,000 left over from the 1941-42 fis¬
cal year.
State law directs diversion into
be
The bonds the
each bidder.
awarded
shall
ing, according to State fiscal ex¬
highest
general fund
of all
surplus
accruing from the. dedi¬
State 1 income, liquor and
money
qualified bidder who has submit¬
cated
ted
public utilities taxes beyond what
his bid in, accordance with the,
The highest bidder is[ needed in the property tax
notice of sale.
re¬
the lief fund to pay the homestead ex¬
lowest net interest cost to the City, emptions. to be determined by computing
High yields have been recorded
the total interest on all of the by all three of these taxes in re¬
will
be
the
one
who
.
offers
,
bonds to their maturities and de¬
Sold—Benjamin Lewis &
cent years,
with the result that the
premium property tax relief fund has be¬
therefrom the
bid, if any. The successful bidder come swollen. This made it pos¬
will be required to make pay¬ sible to transfer out of this fund
ment and accept delivery of said to
the general, fund a total of
ducting
recently purchased
3V2% electric
light plant and system refunding
bonds, at a price of par.
Dated
April 1, 1943. Interest A-O. Due
April 1, as follows: $3,500 in 1947,
$3,000 in 1948, $4,000 in 1949 to
1955, and $5,000 in 1956 to 1958.
Bonds maturing in 1957 and 1958,
are optional for payment on April
1, 1954, or any interest payment
date thereafter.
These bonds, in
of $49,500
issue
more
unencumbered balance of
an
$6,000,000, due partly to high tax
collections and decreased spend¬
4%,
named by
Heyworth, III.
an
with
payable J-J.
Denom.
$1,000, one for $972.
Dated Sept.
15, 1943. Due as follows: $2,000
on
July 1, 1956, $2,000 Jan. and
July 1, 1957 to 1959; and $2,972
Jan. 1, 1960.
Rate of interest to
be in multiples of V4 of 1% and
and accrued interest on Sept.
Bonds
2 p.m. on Aug.
Interest rate is not to ex¬
bonds.
issued in
1, 5% and 5M>% refunding, Series
A. bonds
of the above district,
dated
Large: General
of)
Fund Balance
Reported—Figures
released
re¬
cently by the State Treasurer's
office show that the general fund
$16,972 judgment funding of 1943 wound up the 1942-43 fiscal year
143, Illinois
Bond ; Call—Treasurer
Fred
Goebel is calling for payment at
par
Louisiana (State
31, by Gladys Land, City ClerkTreasurer, for the purchase of
ceed
School
5
Ferndale), Mich.
Bond Sale—The
$300,000 coupon
semi-ann. refunding of
Board of Education/
1943 bonds
11 a.m., on Sept. 15, $7,800,000 leaving $1,000,000 to¬
in the City, as he ward payment of future home¬
designate in writing, filed stead exemptions.
bonds prior to
at
such
shall
bank
Clerk-Treasurer.
Time is the essence of the fore¬
the
with
above
going [requirements
as
ceeds of the bonds must
able
on
the
pro¬
be avail¬
Because of this transfer the gen¬
eral fund
1943,
emerged
with
a
as
of June 30,
balance of
$5,954,-
084.23.
Dated Sept.
Due $25,000 from Oct. 1,
1945 to 1956. Bonds maturing in
1953 and 1954 optional after Oct.
1, 1943.
1950; bonds maturing in 1955
1956, optional after Oct. 1,
1,
and
1948.
'
.
k
Gratiot Tp.
School Dist. No. 2
)
(P. O. Detroit), Mich.
,
Bond Offering—Sealed
bids will
until 4 p.m. (EWT),
(today), for the pur¬
chase of $35,000 coupon building
bonds. Interest rate is not to ex¬
be
received
on
Aug.. 23
ceed 3%, payable A-O.
Denom.
$1,000./Dated July 1, 1943. Due
April 1 as follows: $5,000 in
1944 to 1946, and $10,000 in 1947
on
in
Rate of
1948.
and
Elwood, Ind.
Bond Offering—-Sealed bids will
payment thereof.
Cook
Ferndale School District (P. O.
■'
It is stated that these bonds will
/Holders of these warrants were
that
purchased which are deliv-.
Aug. 30, 1943,
to pay accrued interest up to that
date only.\
Offerings
shall
remain
firm
until 1:00 p.m. (EWT), of the fol¬
lowing day.
ered subsequent to
in 1944 to 1963,
1
required
Co. of Chicago
Sarasota County (P. O.
Fla.
all the taxable property Due
city.
Legality ap¬ incl.
1942.
in
city
Aug.
the
ance
'
net
tax bonds offered for sale on
r
Sept. 21, 1942.
Playground Fund, 1942, Nos. P256 to P-266, dated Feb. 24, 1942.
maturing on
Sept. 1, 1955, Nos. 55 to 63, par
the city will effect a substantial value
$9,000. The bonds with all
saving in interest as well as a matured and unmatured interest
stabilized interest rate.
'
coupons attached should be pre¬
Another proposal was received
sented for payment at the Bremen
by .the city from a group headed State Bank. Tinley Park.
by Stranahan, Harris & Co.
The
this
v.
proved by Holland M. Cassidy of
Dei Quincy Sch. Dist. (P. O. Lake
Chicago.
Charles), La.
Bonds Voted—It is stated by
Wilmette, III.
Bonds Authorized—The Board H. A. Norton, Secretary of the
of Trustees is said to have passed Police Jury, that at the election
outstanding,
for those now
bonds
,,
Co., Chicago. These bonds; issued 17—v. 158, p. 535—were awarded
to pay valid and legally binding to Kingsbury & Alvis of New Or¬
obligations of the city represented leans,- according to the Secretary
by judgments are payable from of the Board of Drainage Com¬
Dated Sept. 1, 1943.
unlimited ad valorem taxes levied missioners.
the Board of
ing
ill.
Frankfort,
tal Illinois National Bank & Trust
Board of Education
(P. O. Chicago), III.
Warrants
Called—It is stated
Chicago
B.
(P. O. Winfield), Iowa
Bonds Sold—It is stated by the
follows: $2,000 in 1945,
offered for sale on Aug. 17—v.
$3,000 in 1946 to 1952, $4,000 in Assumption Parish Gravity Drain.
158, p. 623—were awarded td
Dist. No, 4 (P. O. Paincourt1953 to 1957, $5,000 in 1958 to 1961,
Miller, Kenower & Co; of Detroit,
and $6,000 in 1962.
ville), La.
Principal and
Bond Sale—The $15,000 acreage' according to the Secretary of the
interest payable at the Continen¬
$50,000
Accrual of interest stepped Aug. 9,
that J.
/<■
.* •
.
Winfield Cons. School District
July 1,
Rate
VAti
each
-
:
$5,000
LOUISIANA
Denomination
Numbers-
.
bonds
have
to
of
.
Judgment Tax
14A1-15A1
recent elec¬
-said
an
Bond
each
,
a
are
bonds
District Secretary that $70,000 re¬
funding bonds have been pur¬
Sold—Benjamin Lewis & chased
by
the
White-Phillips
Co. of Chicago have purchased an
Corp. of Davenport, as l3As. Due
issue of $69,000 4V2%
judgment in 1944 to 1954. Interest
pay¬
funding bonds.
Dated July *1, able J-D.
1943.
Denom.
$1,000.
Interest
J-J.
Due July 1, 1963, optional
West
Denomination
511 to 513
voters
the issuance
bridge repair bonds.
$74,000
Numbers
T-631
contract covering $5,275,000 gen¬
eral obligation callable bonds to
Shields
&
Company,
of New
York, and associates. The refunding plan provides for $2,000,000 in
serial bonds, maturing in one to
thirty years, carrying interest at
3%, 3%% and 3V2%; and $3,275,000 3 V2 °lc bonds which will mature
[
V/2V0
the
approved
Educational Fund,
Bonds
Pending—
of Administra¬
Refunding
The
Tp. (P. O. Marshall), III.
tion
The
auction, and
/i/
Wabash
payment on Aug. 13, the follow¬
Clearwater)
Pinellas County (P. O.
Fla.
Rate
$1,000
46A10/30 to 48A1/23
,
margin.
Bonds Voted—At
■u,..:
Denomination
•
investigation of its refunding pro¬
gram and its ability to pay the
charges.
The city pays all ex¬
penses of the committee.
Senator Beacham said that as
Rate
1Vi %
: VAVe
were-sold at to the city as computed from the
account composed dollar price as of Aug. 23, 1943. ■ ;
of Shields & Co. and Vieth, Dun¬ ■/No bonds maturing beyond 1959
will be accepted.
can & Wood was next high bidder,
The city reserves the right, on
offering 101.812 for II/4S. "
incl.
approved the issuance of $14,000
construction
bonds
by a/wide
$100,000
Numbers
R.
authorized by
"
„
Municipal Tuberculosis Sanitarium
Beacham, of West Palm Beach, the
subcommittee is a section of the
Shands
$50,000
50,OOO
.
*'
,
West
John
each
■.
v.>7:
25
/
Senator
by
:.7
Numbers
24
municipal debt.
Headed
Library
Monday, August 23, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
726
interest to be
No
multiples of V4 of 1 %.
pro¬
posal for less than all of the bonds
will be considered. Principal and
payable at the Detroit
Co., Detroit. The District
authorized and required by law
interest
Trust
is
all the taxable prop¬
to levy upon
erty therein such ad valorem taxes
as may be necessary to pay the
bonds and interest thereon, within
limitation
prescribed by Sec¬
Article X, of the Michi¬
gan Constitution and the Michigan
"Property Tax Limitation Act."
The District on Junes 23, author¬
the
tion 21/
ized
an
increase in the tax limita¬
tion of 2 % of the assessed
valua¬
tion for the years
there
1946 and 1947,
being presently effective in
the District
tax
a
limitation
1943
rate
for
the years
bonds will be
The
1945.
to
like increase in the
awarded to the bidder whose bid
produces the lowest interest cost
deducting the
to. the District after
premium offered, if any. In deter¬
mining the net interest cost, in¬
terest on premium shall not be
considered as deductible, and in¬
terest on bonds will be computed
from Aug.
23, 1943, to the respec¬
Bids shall be
unqualified
opinion of the purchaser's attor¬
ney, approving the legality of the
tive maturity dates.
conditioned upon the
bonds.
The
cost
of such opinion
said date to meet certain
and the cost of printing the bonds
MAINE
The approving opin¬
shall be paid by the purchaser.
the opinion of counsel, constitute
Glenwood, Ga.
ion of Ross, McCord, Ice & Miller,
Enclose a certified check for 2%
valid and legally binding obliga-!
Maine (State of)
Bonds Sold—It is reported that
of Indianapolis, will be furnished
of the par value of the bonds, pay¬
Tax System Study Authorized—
$17,000 refunding bonds approved tions of the village payable sole-j to the
purchaser at the expense of
able to the District Treasurer.
The Executive
Council has au¬
by the voters at an election on ly from the revenue derived from the
City.
No conditional bids or
These are the bonds originally
the
State
Taxation
Aug. 3, have been purchased by the operation of the electric light bids for less than the par value thorized
sold on July 26, the sale of which
Brooke, Tindall & Co. of Atlanta. plant and system of the village of said bonds will be considered. Bureau to spend $10,000 in the
was cancelled.
and were issued to refund a like
The right is reserved to reject current fiscal year, instead of $5,Ray City, Ga.
amount of outstanding 6% electric
000 in each of two years, for a
Royal Oak, Mich.
Bonds Sold—It is reported that
any and all bids.
Said bonds are
light and power public utility
study of the State's tax system to
Bond Offering Cancelled—City
$25,000 refunding bonds approved certificates which were issued in being issued for the purpose of
ascertain what measures could be
Treasurer Minnie N. Reeves states
by the voters on Aug. 3, have been 1933 in the amount of $67,000. paying certain judgments against
taken to relieve real estate of its
that an issue of refunding bonds
purchased by Brooke, Tindall & Legality to be approved by Chap¬ the City, and will be direct obli¬
Sales tax pro¬ will not be offered for sale on
Co. of Atlanta.
gations of the City, payable out of heavy tax load.
man
& Cutler, of Chicago.
unlimited ad valorem taxes to be posals have been rejected during Aug. 23, as had been contem¬
ILLINOIS
Macoupin County School District levied and collected on all of the recent legislative sessions.
plated, due to unforeseen circum¬
No. 133 (P. O. Benld), III.
taxable property in the City. En¬
stances.
"
Champaign County (P. O. UrMICHIGAN
close a certified check for $500,
Bonds Sold—An issue of $30,bana), III.
1
Royal Oak and Troy Tps., Frac,
refunding bonds was payable to the City.
Avon Tp. Sch. Dist. No. 2, Mich.
Bond Election Sought—A reso¬ 500 41/i>%
School Dist. No. 4, Mich.
GEORGIA
obligations.
.
lution is said to have been drafted
recently, recommending an elec¬
tion
to
submit
to
the
voters
an
$88,000 issue of bonds to pay the
county's general debt.
Chicago, III.
Warrants
Called—City
Comp¬
troller R. B. Upham has called for
payment the following tax antici¬
pation warrants
aggregating
$1,294,000, to be paid on presenta¬
bank to the City
Treasurer, or the Guaranty Trust
tion through any
Co.
of
New
York:
Corporate
Denomination
each
Numbers
ito 200A1/10
$10,000
201A1/100 to 205A1/00
1,000
206A11/10 to 207A1/10
10,000
198A9/10
;
•
$920,000
Rate
lVa%
1 y» ft
IV*%
by Benjamin
IOWA
Chicago.
Dated
1, 1943.
One bond for $500, Harrison and Pottawattamie Coun¬
others $1,000 each.
Interest J-D.
ties, Joint Drain District
Due June 1, as follows: $2,500 in
(P. O. Logan), Iowa
1953, $3,000 in 1954 to 1961, and
Bonds Sold—The County Audi¬
$4,000 in 1962.
Principal and in¬
tor states that the $35,000 refund¬
terest payable
at the American
ing bonds authorized recently by
National Bank & Trust Co., Chi¬
the Drainage District Board—v.
cago.
These bonds, in the opinion
158, p. 622—have been sold.
of counsel, are valid and binding
Sioux City, Iowa
obligations of the district, payable
purchased
Lewis
&
recently
Co.
of
June
Bond
Tenders
Invited—Sealed
received by Frank
W.
Guthrie, District Treasurer,
until Sept. 15, of 1937 refunding
tenders will be
bonds.
Bond
tenders
Mich.
be
Invited—Sealed
received until
8
(EWT), on Aug. 30, by Leon¬
R. Maker, District Secretary,
Series
A,
refunding bonds.
p. m.
ard
of
Detroit,
Tenders
will
Tenders
should
be
firm
for
24
"
*
'
Invited—City hours.
Controller
Charles G.
Oakman
Sault Sainte Marie, Mich.
states that he will receive offer¬
Bond Tenders Invited—Sealed
ings on Aug. 23, at 10 a.m. (EWT),
Reinhart is calling for payment
of
non-callable
bonds
in the
on
Sept. 15, Pullar Community
from unlimited ad valorem taxes
Bond Sale—The
$200,000
im¬ amount of approximately $45,000 Building bonds, numbered 81 to
levied upon all the taxable prop¬
for the Insurance Reserve Fund,
provement bonds offered Aug. 18
100, to the amount of $20,000, be¬
erty within the district.
Legality —v. 158, p. 622—were purchased under the following conditions:
ing part of an issue of $100,000,
Offerings shall show the pur¬
approved by Holland M. Cassidy by Halsey, Stuart & Co., Inc., Chi¬
dated
Sept. 15, 1938, maturing
of Chicago.
cago/as l%s, at a price of 101.813, pose, the rate of interest, date of
Sept. 15, 1947 and 1948.
a
Vandalia School District No. SO
basis of about 1.095%.
Dated maturity, dollar value and the
Said bonds, together with cur¬
tion
the
"
voters
are
a
follows: $10,000
recent elec¬
said
-•
•'
to
■
:■ 1,
have
■
i-.
Tenders
I, 1943 and due Dec. 1, as yield.
Offerings will be accepted on
from 1948 to 1952
incl. and $15,000 from 1953 to 1962 the basis of the highest net yield
Sept.
(P. O.Vandalia), III.
Bonds Voted—At
Bond
'•
,
■
i-
■
'
.
rent
and
all
■
■
.
subsequent coupons
attached, should be presented to.
Volume 158
Number
4205
THE COMMERCIAL
the Detroit Trust Co., Detroit, for
per
payment. Y"Y\-;'V ^ Y'V^/
a
Troy, Avon, Bloomfield and Pon¬
tine
Tps. Frac.
Mich.
V,.>;
Certificate
-
District
will
Sch. Dist. No.
Treasurer
G.
sealed
J.
Ferrand
tenders
until
■
nations
the
Township, Mich.
Call—Township Clerk
William Lawson is said to be call¬
Sept. 1, at par
and accrued interest,' the follow¬
ing 1937 refunding bonds, dated
on
Jan.
lr 1937, and payable Jan. 1,
'}967LV/^y
> V
Series A, Nos. 1 to 105.
Series B, Nos. 1 to 16.
Series C, Nos. 1 to 125.
a
the above county for briquetting coal mined in the Belleville
Kane
held
that
paid.
2%
county could not legally issue rev¬
enue bonds for the purpose. How¬
ever, John Doerr, of Dupo, Chair¬
He
said
recent
attention
had
been
of
called
amendment to
the
should be delivered
to the Detroit
TrusLCo., Detroit;
for payment.
-
An
account
composed of Phelps,
Fenn &
Co., New York, J. M. Dain
& Co. of Minneapolis, and the Mil¬
waukee
Co. of Milwaukee, was
successful
bidder for
various
the
blocks of municipals,
aggregating
$747,000, which were offered for
sale by the City Sinking Fund on
Aug. 19—v. 158, p. 622. The group
purchased the
premium
a
113.087.
in
of
Of
the
bonds
offering,
equal
bonds
to
included
$548,000
sented obligations of the
repre¬
City of
Minneapolis.
■■
Missouri
Halt
endums—The
on
through the
Governmental
Re¬
end to
Constitution
$50,000
Memorial
bonds
will
voters at
be
an
put
an
under
constitutional
the
guise
amendments.
of
The
bulletin
pointed out that control
particular im¬
portance to Missouri at this time,
because
the post-war period
is
likely to bring a number of pro¬
posals to issue bonds.
To
circumvent
the
require¬
ment
of
a
two-thirds majority
vote to authorize State debt, it has
become the practice to
submit
of State debt is of
proposed bond issues to Missouri
voters
as
constitutional
amend¬
plant.
to
fundamental importance.
15
millions
ceived
as
of
majority vote,
ported. ^:
-
these
as
the
a
bonds
First
refunding bonds offered on
Aug. 17—v. 158, p. 443—were not
he
will
Nickey
receive
Borough Council is
re¬
under
bids
said to
consideration
the
have
issuance
Sept. 7, at 8 p.m., for the
purchase of the above bonds.
of $19,000 not to exceed 6% street
Dated
pation notes.
assessment bonds and bond antici¬
July 1, 1943. -Amortization
bonds will be the first choice and
serial bonds will be the second
choice of the Council.
zation
bonds
the entire
several
to
or
and
Bond
Board
be put into
divided into
upon
is
said
to
be
Y
-
Bond
Long Branch, N. J.
Offering — J.
Arthur
Wooding, City Clerk, will receive
sealed bids until 5 p.m.
(EWT) on
Aug. 31 for the purchase of $37,500
and
not
to
exceed
6%
interest
sold
series V coupon or
bond which will be in the amount
provement bonds. I Dated Sept. 1,
1943.
One bond for $500, others
$1,000 each.
they will be in the amount
df $500 and $300, except the last
$145.53, the
sum
of $5,800
of
said serial, bonds will become due
Cascade County School Dist. No. 1
(P. O. Great Falls), Mont.
Bond Offering*—Bids will be
re¬
If it is believed that State bonds
registered im¬
Due Sept. 1, as fol¬
lows:
$3,000 from 1944 to 1946
incl.; $4,000, 1947 to 1952 incl. and
$4,500 in 1953. Bidder to name a
single rate of interest, expressed
in multiple of Vi or l/10th of 1%.
Principal and interest. (M-S) pay¬
able at the City Treasurer's office.
A
certified
check
for
$750, pay¬
able to order of the City Treas¬
urer, is required.
Legal opinion
of Hawkins, Delafield & Longfel¬
low of New York City will be
furnished the successful bidder.
should be authorized by a simple
Bonds
re¬
1943.
it is believed that the State should
school
generally follow a pay-as-you-go
plan and issue bonds only in'such
extraordinary 1 circumstances
as
would produce such a vote as a
two-thirds majority*- the Consti¬
tution should be revised accord¬
bonds
the
will
Amortization bonds will be
first
be
*
choice
the
and
second
board.
.
If
serial
choice
bonds
of the
amortization
sold and issued* the en¬
tire issue may be put into one sin¬
gle bond or divided into several
bonds,
cate
are
as
the purchaser
in his bid
and,
as
may
The
—
City
ing for the issuance of $37,500 6%
ceived until
majority vote, the institute de¬
clared, then such a referendum
procedure
should f be ;• frankly
recognized and authorized by the
Constitution; if, on the other hand,
Authorized
Commission is said to have passed
final reading an ordinance call¬
on
Sept. 13, at 7:30 p.m.,
by V. F. Gibson, District Clerk,
for the purchase of $127,500 re¬
funding bonds.
Dated Sept. 15,
indi¬
the Board
of
improvement, series V bonds.
•
v
New Jersey (State
Appeal Sought
Decision—Word
of)
levied,
reason,
levied,
so
not
collected, the
and is obligated
tax, sufficient to meet the defi¬
ciency, on all the real property
subject to taxation in the Town,
pending the levy and collec¬
tion of such deficiency the
Town
has power and is obliged to bor¬
row such
amount on such terms:
may be necessary to pay said
bonds and interest thereon as the
as
shall become due.
The opin¬
Hawkins, Delafield & Long¬
fellow, of New York, to this effect
same
ion of
will be furnished to the successful
bidder.
In the event that prior to
delivery of the bonds the in¬
come received by
private holders
from bonds of the same type and
the
character shall be. taxable by the
of
Federal income tax
any
law, the successful bidder
his
may,
under
the
the
contract
bonds
in
and
to
such
the deposit accompanying his
be returned.
Enclose d
case
will
to the
check
for
Town.
$380, payable
•
■
»
Menands, N. Y.
•
Bond
Offering — Sealed bids
received until 1 p.m. on
were
Aug. 20, by James J. McDonald,
Village Clerk, for the purchase of
the
following not
exceeding 6%'
semi-annual coupon or registered
bonds aggregating
$29,000:
$14,000 judgment bonds.
Aug.
1
Due
on
follows:
$3,000 in
1944 to 1947, and $2,000 1948.
15,000 sewer bonds. Due $1,000
Y from Aug 1, 1944 to 1958 incl.
as
$1,000.
Dated Aug. 1,
Principal and interest pay¬
1943.
re¬
able
at
the
National Commercial
Bank & Trust
Due
on
June 1
as
follows:
Co., Albany.
New York City
Housing Authority.
Y- \0
$1,000 in 1944, and $3,000 in 1945
?
to 1957.
Buildings Leased to Army —It
stated on Aug. 10 by Edmond
B. Butler, chairman of the above
Authority, that it had leased one
building in Section III of Fort
NEW YORK
Fallsburgh (P. O. South Fallsburgh), N. Y.
Price
released
was
on
ap¬
unconstitutional
remitted
interest
and
1942
New
laws
Jer¬
which
more
than
$23,000,000 in
that
had
accumulated
20th among the States
cipal and interest to be payable
!n semi-annual instalments during
Hendrickson is
Acting
while
State
on
Treasurer
leave for mili¬
Polytechnic In¬
1958 incl.
year
;
received
until
10.30,
the
buildings
personnel
who
house
to
to
are
re¬
training in the Army Spe¬
cialized Training Program.
These
leases are for a period
of one
will
a.m.
(EWT), on Aug. 24, by James N.
Gehrig, Acting Presiding Town
Supervisor, for the purchase of
$19,000 coupon or registered Sani¬
tary District No. 2 bonds. -Inter¬
est rate is not to exceed 6%, pay¬
able J-J.
Denom. $1,000.
Dated
July 1, 1943.
Due on July 1 as
follows: $2,000 in 1944 to 1952,
and $1,000 in 1953.
Rate of inter¬
est to be in multiples of xk or onetenth of 1%, and must be the
for all of the bonds.
Prin¬
ful money at-the -Second National
Bank & Trust
use
ceive
the
.
Bond Offering—Sealed bids
be
will
Army
each and
are
renewable for
yearly periods for the duration of
Hempstead, N. Y.
York.
an
Greene Houses to
stitute of Brooklyn and another to
Pratt Institute.
These institutions
Sautter that he would take
peal
against
Vice
Chancellor
J&yne's
recent Y decision
which
held
Clerk
Town
$15,500 South
Fallsburgh Water Dist. bonds sold
to the National Bank of Liberty,
as l%s, as noted here—v.
158, p.
624—were purchased at a price of
100.03, a net income cost of about
1.74%.
Due on Aug. 1 in 1944 to
at the
sey's "1941
Paid—The
states that the
now
Aug. 13 by Acting State. Treasurer
ingly.
Co., Hempstead,
or
Chase National Bank, New
Authorized to be issued
war
and six months thereafter.
These
leases
number
of
bring to four the
leases
the
Authority
has signed for the use of buildings
in Fort Greene Houses for per¬
sons
in the armed services of the
country.
Previously the Author¬
ity had leased one building to the
Navy for use of regular Naval
personnel, and another building
to
the
Navy
for
by
occupancy
WAVES.
Sections I and II of the project,
containing
approximately
2,600
dwelling units, are now being
used
to house Navy Yard and
other war workers, and are in full
operation.
•
New
York,
N. Y.
~
City's Debt Margin Shows Large
for the purpose of
tain real property,
acquiring cer¬
Increase—"The City of New York
together with has
greatly improved its financial
buildings' and
improvements
thereon for use as a garage and of¬ position in the past three and a
half years," said Comptroller Jo¬
fice in and for the District.
The
seph D. McGoldrick on Aug. 15.
period of- probable usefulness of
"This
holds
true
regardless of
the object or purpose for which
current budget controversies.
the
bonds
years.
by
are
be
to
Said bonds
Chapter
273
of
issued is
are
30
authorized
the
Laws
of
"The
improved position
is
flected in the much broader
re¬
mar-
Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce
St.j New York 7, N. Y., BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
Dana Seibert, President; William D. Riggs, Business Manager.
Published'twice a- week fevery Thursday-(general news and advertising
issue) with a statistical issue on Monday], Other
Chicago—In charge of Fred H. Gray, Western Representative,.Field Building (Telephone State-0613), London-v-Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William
B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions,
The Commercial and
William
offices:
$26.00 per year; in Dominion of Canada, $27.50 per year. South and Central America, Spain, Mexico and Cuba, $29.50 *per vear; Great'Britain-, Continental Europe (except Spain), Asia, Australia
and Africa, $31.00 per year.
NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
at
election, be relieved of his ob¬
ligations
purchase
Denom.
is
cipal and interest payable in law¬
Railroad Tax
on
against railroad tax arrearages
during the last 10 years.- A-'.
' YY
in net debt
any
bonds will be issued to the
State.
same
*%
Trustees may determine upon
at the time of the sale, both prin¬
/■"' ■:
.:./■/ Y
Missouri is said to have ranked
for
if,
Town has power
to levy and collect a general Town
ported by the City Clerk that $40,000 21/4% semi-ann. airport pur¬
chase
law for
the real prop¬
taxation
to
was
principal and interest
payable in semi-annual in¬
issued
Education
repair'bonds.
both
be
of
Discussed—The
considering the issuance of $25,000
the Council may
at the time of
as
Issuance
by the
all
on
but
if
or
Roswell, N. Mex.
Bond Disposal Report—It
(P. O. East Rutherford), N. J.
issued
^
provided
issued,
•
.
pay
principal there¬
such taxes shall not be
■;
Y Y.
and
Town,
in the
District for which said bonds are
!':/>/ $ NEW MEXICO
IW.
.
East Rutherford Scshool District
If amorti¬
sold
may
bond
bonds,
determine
sale,
are
issue
single
one
158, p. 444—were purchased by
Boland, Saffin & Co. of New
York, as 1.70s, paying a price of
100.14, a basis of about 1.67%.
Dated Aug. 1, 1943.. Due $1,500
trom Aug. 1, 1944 to 1951 incl.
.No other bid was received for
the above issue.
East Paterson, N.- J.
Issuance Pending — The
and
subject
erty
certified
J.
$12,000 semi¬
registered First
v.
Y/Bond
•Bonds Offered—Mr.
base
upon the
District, assessment bonds,
1941, offered for sale on Aug. 12—
NEW JERSEY
ann.
interest
Town taxes
Sewer
Co., offering
Aug, 20, 1943. Due on
15, 1943. Payable at the Na¬
tional Shawmut Bank of Boston.
until
com¬
Sale—The
annual coupon or
Dated
sold.
N.
Rumson,
Dec.
Nickey, City Clerk, that the
$57,845.53 not to exceed 2% semi-
the
bid
Bond
Law.
general
payable by tax sufficient to
terms
payments
Boston, at 0.34% discount.
Runner-up in the bidding was
O. W.
that
tax
National
Bank of
Bonds Not Sold—It is stated by
ports
State.
tate.
was
re¬
two-thirds
institute
and
0.374%.
as
much
the
w
earnings of the roads, rather than
their fixed holdings in real es¬
offered
was
18
the
of
Lincoln R. Young &
having been au¬ and
payable on July 1, 1944, and
thorized by popular vote since the
a
like amount on the same day
present Constitution was adopted each
year thereafter until all such
in 1875.
Of this total, only $3,bonds are paid, except that the
500,000 was submitted and ap¬ last installment will be
in the
proved under the constitutional
amount of $5,645.53.
provision requiring a two-thirds
The bonds, whether, amortiza¬
vote.
The remainder was sub¬
tion or serial, will be redeemable
mitted and approved in the form
in full at the option of the
city
of amendments to the Constitu¬
on any interest
paying date from
tion
requiring
only
a Y simple
and after 10 years from the date
majority for approval, and only of issue.
reported
to
rest
railroad
$200,000 issue of
Aug.
on
ciyil information, a rarely used
:
be
unlimited obligations of the
and
in
Principal purpose of the
promise legislation was to
of
is, of purely passing rather
State bonds totaling $169,100,000
are
sale
awarded
election scheduled for
are
than
Sale—A
compromise.
The compromise legislation was
the
temporary loan notes
for
the
requiring only a simple
stallments during a period of 10
majority' vote, the institute ex¬
years from the date of issue.
plained, and this has had the ef¬
If serial bonds
which
Aug. 23—
on
443.)
Concord, N. H.
Note
construction
submitted
p.
money
treasury
under
YY\ ,-Y;
Although the compromise was
supported by the Governor and
passed by a Republican-controlled
Legislature, it was attacked by
Mayor Hague of Jersey City, since
its enactment meant that city and
Hudson County would lose a large
portion of the taxes they had been
collecting from the railroads to
the bonds originally
are
The
the
legal device.
NEW HAMPSHIRE
Sept. 7, it is reported.
ments
fect of permanently incorporating
in the Constitution much material
158,
revenue
Springfield, Mo.
the authorization of State
issues
bond
to
(These
v.
Billings, Mont.
Refer-
Bond
a
.
scheduled to be sold
MONTANA
search Institute suggested in a re¬
cent
bulletin a revision of the
Missouri
Y;
districts.
paid into
account of tax arrearages
Chancery Court by
Attorney General Wilentz through
must
tees.
been
attacked
Chairman of the Board of Trus¬
Bond Election—The issuance of
(State of)
Proposed
;
pur¬
be accompanied
by a
check, in the sum of
$2,500, payable to H. H. Stanley;
remainder of the money.: 'Under
the bond plan, the county would
MISSOURI
'• i.
the 1941-42 tax
which they will
at
school
has
.
obtained
decision
an
State, its municipalities
and
certified
half the, cost of the plant,: if the
county or coal operators provide
from
it
on
ers
$200,000 plant.
The Reconstruc¬
tion Finance Corporation has in¬
dicated a willingness to finance
bonds
so
000 to the
ether than by or on behalf of the
State Board of Land Commission¬
regular meeting September 14.
The plan calls tentatively for a
its
Chancellor's
with
will
Town
manner
are
injunction
against the State Treasurer dis¬
tributing approximately $16,000,-
interpreted
as
authorizing the
county to issue such bonds.' A full' reject any and all bids and to sell
the bonds at private sale. All bids
report of the legality of the ex¬
redeem
Vice
carried
chase the bonds at par. The Board
of Trustees reserves the right to
Mine and Miners Act that may ,bd
at par plus
$97,761,
the
The
payable semi¬
March 15 and Sept. 15
bonds
The
Town
the
He
of
sweeping that an appeal is abso¬
lutely essential."
annum,
on
under
the
imeprative.
in
ramifications
the
Chancellor's decision
amended.
as
of in the years in which the same
shall be payable,
levied in the.
interest
at
Minneapolis, Minn.
:Y
Bonds Sold By Sinking Fund—
Errors
ders must state the lowest rate of
a
Illinois
pedient will be made to the board
MINNESOTA
of
with accrued interest and all bid¬
•
Y The bonds
Appeals
believes
Vice
review by
a
Court
date from and after Sept.
15, -1948., The bonds will be sold
for not; less than their par value
the
to
and
are
the
of
ment
.
committee
important that
so
members
bonds, will bear
rate not exceeding
a
Governor," he said, "be¬
in each year, and will be redeem¬
able in full on any interest, pay¬
Processing Com¬
mittee, of St. Clair County Board
of
Supervisors,
has announced
that they will proceed 1 with the
plans.
per
annually
of the Coal
man
-
is
payable on
like amount
of each year
a
serial
or
interest rat
the
"The
1939,
operates
The
lieves that the main issue involved
The bonds, whether amort¬
ization,
the ad¬
on
vice of Governor Edison.
become
thereafter until all such bonds
temporarily halted
in early August by an opinion of
Kevin Kane, county civil attor¬
were
Mr.
will
•
taking the appeal
was
$1,000 and $750 each;
$12,750 of said serial
Sept. 15, 1944, and
cn
the same day
in
district
of
727
tary service, Mr. Sautter said he
issued
are
they shall be in denomi¬
of
sum
bonds
plant
CHRONICLE
from the date
years
If serial bonds
■
—Plans for construction of
ney.
Warren
ing for payment
O. Osceola),
yvv;.;V:---
:
period of 10
of issue.
and sold
Entry Into Coal Business Sought
Sept. 7, at 8 p.m., of certificates
of indebtedness, dated March 1,
1939, to the amount of $3,000.
Bond
St. Clair County (P.
-Mo.
V
Invited—
Tenders
receive
10,
capita as of June 30, 1942, with
capita debt of $22.42.
;■
a
per
& FINANCIAL
THE COMMERCIAL
728
gin of non-exempt borrowing ca¬
pacity as revealed by the follow¬
ing capital outlay survey, cover¬
ing the present and the reasonably
near future.' :
' 'X-&?
>
"As
of
Jan.
1, 1940, the city's
non-exempt
borrowing power
roughly $30,000,000.
As
today this same
borrowing
power stands at roughly $226,000,-
stood
at
of
]
to stabilize, it would be real¬
istic, or at least prudent, to as¬
sume that the total assessed valu¬
ations may shrink by perhaps 500
millions during this same period,
which
would
reduce
our
debt
North Carolina (State of):.j,
ency
limit, due to the computation of
margin on the average as¬
prescribed by
our
sessed valuations as
the
constitution,
by 60 millions.
the $320,000,-
& FINANCIAL CHRONICLE
\
Fiscal Year Starts With a Large
Monday, August 23, 1943
ceed 6% semi-ann. special assess¬
street
ment
improvement .bonds.
to be. issued in antici¬
Surplus—The State commenced its
Notes
1943-44 fiscal year on
pation of said bonds.
a
July 1 with
.
combined surplus of $73,286,387
accumulated
in
three
.separate
of the past
biennium,! the
State
Advisory
Budget Commission reported re¬
cently.
J; I'
V'C:?'-,.V'7
This unprecedented surplus
funds from operations
.
J,
.
;
are
.
;
6, have been purchased by R. J.
Edwards, .Inc., of Oklahoma City,
as
,iy4s.
Due $5,000 in 1947 to
1953, incl.;
•. # A.y-" •;
-:
.
Auditor
that. $42,000 3%
reports
semi-annual
storm
water
sewer
system bonds will be taken up by
the
.
Ponca
Elyria, Ohio
Bond Disposal Report—The City
.
Bonds
•
City, Okla.
Defeated—At
v
the
elec¬
tion
held on Aug. 10 the voters
rejected by;;a wide margin the
proposal to issue $50,000 park
City Sinking Fund.
Dated bonds, according to C. E. Norton,
Aug. 1, 1943.
City Clerk.; ■ A
:
gained through debt retire¬ comprises $39,370,633 in the Gen¬
OREGON
ment to $260,000,000 which added eral fund, $33,379,378 in the High-, Farmersville Rural School District
years
.
■
Hood River, Orei
An analysis of a statement by to the present margin of $226,000',- way and Public. Works fund and (P..O. Farmersville, R. R. No. 1),
Bond Call—The City Council is
,.'*7
Ohio
Mr. McGoldrick setting forth the 000 would give us between now $536,376. in the Agricultural fund.
Bonds Sold—It is reported that said- to have authorized recently
and Dec. 31, 1949 a gross debt-in¬ The financial conditions, of the
general debt-incurring power of
State represented $5,000,000 more
$11,630
semi-annual
refunding Rhe calling for payment on Sept. 1;
New York City as of July 1, 1943, curring capacity, within and sub¬
bonds have
been purchased by of the city's 3%% improvement
than had been anticipated in any
shows that the gross funded debt ject to the constitutional limit, of
V v.
A J. A. White & Co. of Cincinnati, bond^, dated March 1, 1937.
about $486,000,000. > I would most official forecast. '
>
of
the
city on that date was
Of this surplus, $20,000,000 al¬
as 2i/4s, paying a price of 100.507.
"
$2,963,706,129 as compared with earnestly recommend that we at
'
Woodburn, Ore.
1
1
no
point allow the margin to ready has been invested in State
Bonds Sold—It is reported that
$3,034,484,944 on July 1, 1942, or
V
Ohio (State of) ,
shrink between $100,000,000. This and Federal bonds under authori¬
a decrease of $70,778,815, and that
Governor Rejects Proposed Leg¬ $1,136.72 6% semi-ann. street im¬
would set $386,000,000 as the max¬ zation of the 1943 Legislature, and
our net debt (i. e. gross debt minus
islative Session On Sales Tax^-An provement bonds were purchased
imum which
we
could possibly plans provided for investment of
sinking fund holdings) was $2,385,emphatic statement that he has no recently by the Charles N. Tripp
additional surplus cash later this
of Portland,
intention of calling Ohio's Legis¬ Co.
111,341 as compared with $2,484,- hope to finance in the six year
at a price of
year.:'
.r •;
,..
•
,
112.00.
Due in 10 years/callable
529,999, or a decrease in the year period from 1944 to 1949.
lature into special session to re¬
v" The
huge general fund surplus
Of $99,418,658.
"I have been meaning for some¬
:
duce the State sales tax was is¬ at any time after 5 years, at par.
was
by many times the; largest
"The total indebtedness subject time
to
call
your
attention to
sued in Columbus on Aug. 10 by
ever accrued in North Carolina in
to the 10% constitutional limita¬ certain problems that will arise
PENNSYLVANIA
Gov. John W. Bricker in response
any biennium.' Of the total $18,tion, as of July 1,
1943, was in connection with the financing
to a letter he received from State
A.
-A ;
Chester, Pa.
'-v.;
988,155 was reported at the end
The
$1,337,180,377, as compared with of the post-war program.
Representative Howard M. MetzSecond Appeal Filed in Water
of
1941-42
fiscal year, : and the
$1,433,604,293 for the correspond¬ original program called for plans
enbaum, ; Cleveland •; Democrat,
ing date in 1942, or a decrease in that would cost $628,000,000.
The remaining $20,382,478 was added urging that the sales tax be cut Case,—VThe Pennsylvania Su¬
preme
Court was the recipient
indebtedness within the limit of 1943 Capital Budget, with various during the past" 12 months.
from 3% to 2%.
The largest surplus of any pre¬
recently of the second appeal in
$76,423,916, Mr. McGoldrick ex¬ amendments adopted up to date,
"I am not going to call the Legthe
Chester " water
vious year was an $8,410,600 bal¬
case,
when
added more than
$70,000,000 to
plained.
1 slature* back at this? time unless
George M. White, complainant in
Surplus
"The debt limit, computed as this, bringing the total to approx¬ ance on June 30, 1933.
something happens that we can't the
in 1934 was only $75,000, and the
original action, asked the Ap¬
prescribed in Art. VIII, Sec. 4 of imately $700,000,000. This included
foresee," Governor Bricker said.
pellate Court to set aside the de¬
the State constitution," he con¬ about $170,000,000 for assessable total for 1935 and 1936 was less
"I asked the Legislature to reduce
cision of Judge Samuel E. Shull,
than $1,000,000 for the two years.
These
calcula¬
tinued, "was $1,629,378,107 on July improvements.
the tax which the House refused
of Stroudsburg, who heard the
However, if this surplus was ap¬
1, 1943, as compared with $1,643,- tions, moreover, are based on 1939
to do," \
case in Delaware County Courts.
A
No one could today guess plied on the State's bonded debt,
728,707 on July 1, 1942. This de¬ costs.
The Governor recalled he had
there still would remain $49,410,Judge Shull ruled that John
crease of $14,350,600
reflects the what price will confront us in the
asked the Legislature this year to
887 in bonds. The present bonded
J.
McClure,
Delaware
County
continued reduction in
assessed post-war period but it is not at all
discard the sales tax on restau¬
debt totals $122,134,500 as follows:
political leader, and William C.
valuations.
improbable that we will emerge
rant food and prescription medi¬
Purdy, a business associate, must
"The city therefore had a net from this war as we did from General fund, $53,270,500;. High¬
cine, but the request was rejected. return
fund 1 $60,654,000; : Special
$250,000 to • the Chester
borrowing margin, as of July 1, World War I at a somewhat higher way
Representative Metzenbaum con¬
School fund, $5,710,000;- Veterans'
Municipal Authority.
Mr. White
1943, of $272,197,730 as compared price level.
tended a special session to reduce
contends others involved in the
Loan fund, $2,500,000.
with $210,124,414 last year, an in¬
"The size of the post war pro¬
the general tax rate would be jus¬
case
should be ordered to make
In addition to this $73,286,387,
crease
of
$62,073,316 over last gram was predicated on the hope
tified because receipts are cur¬
refunds to the municipality.
Governor Broughton reported a
A: '
year.
,
—and it is certainly no more tang¬
rently exceeding budgetary an¬
$60,000,000 reserve in the Unem¬
"Within this margin of $272,- ible
"A';.• A-. '': McKees Rocks, Pa,>^ic^:k
today—that there would be
ticipation.
ployment ' Compensation Fund,
197,730, the sum of $25,791,101 has substantial
Additional
Information — In
Federal
assistance
Retirement System Offers Bonds
which is kept separate from reg¬
been set aside for balance of spe¬ toward
connection with the report in our
carrying
forward
such
—George M. Pouge, Secretary, an¬
ular State budgetary items.
cific authorizations approved by
program as
an aid in post-war
nounces that the
State Teachers' issue of Aug. 16, that the $275,000
the Board of Estimate for which
economic
3 V2 %
readjustment
and* a
semi-annual
refunding
Retirement
System will receive
OHIO
no
contract
or
other
liabilities source of
oonds " had
been: exchanged—V.
post-war employment.
sealed bids until noon (EWT) on
r.;■%".?-Vv■ •• - >i-T "
have as yet been registered. And If the Federal Government should
Beachwood, Ohio
158, p. 625—it is now stated that
Aug. 25 for the purchase of its
a
further sum of $20,332,009 has come forward with a
Bonds Purchased—Village Clerk
45% or 50%
the bonds are dated June 1, 1943,
holdings of various blocks of Ohio
been set aside for remainders of
in the denomination of $1,000 and
contribution,
the
city's
share Benjamin C. Bourne states that
municipal bonds aggregating $3,appropriations in the revised Cap¬ would amount, say, to $350,000,- the
mature
June 1, as follows: $9,Village Council has purchased
364,933. The offering includes 92
ital Budget of 1943, primarily for
000 or $385,000,000, of which $265,- $36,182.65 face value bonds at an
blocks of bonds bearing interest 000 in 1944, $10,000 in 1945 and
post-war planning.
000,000 to $291,500,000 would be average price of 49.69, in connec¬ rates
ranging from 2J/2% to 6% 1946, $11,000 in 1947 and 1948,
v: "Allowing
for
the
to
our
constitutional tion with a call for tenders on and maturing from 1943 to 1948 $12,000 in 1949 to 1951, $13,000 in
foregoing charged
reservations, the unreserved debt margin, as there will be sufficient Aug. 11, of refunding bonds, dated incl.
1952, $14,000 in 1953 and 1954
It includes bonds of such
margin, as of July 1,1943, amounts assessments collected to provide July 1, 1940.
' ;v:
cities as Akron,, Cleveland and 1615,000 "in 1955 and 1956, $16,000
to $226,074,620. This represents a
for
assessable improvements of
in 1957 and 1958, and $17,000 in
Dayton, and of a large number of
Cuyahoga-County- (P. Ol Cleve*
free margin, against which addi¬ $25,000,000 to $30,000,000 annually.
Principal and in¬
'■
counties,
school
districts
and 1959 to 1963.
land), Ohio
tional non-exempt projects may
terest payable at the First Nation¬
"In my opinion the largest vol¬
smaller cities.
* *
•
Bond Offering—Sealed bids will
be
approved.
This
unreserved ume of
al Bank, McKees Rocks.
city bonds that the public be received until 11 a.m. (EWT),
Springfield, Ohio
margin represents an increase of will absorb at a fair interest rate
on
Sept. 14, by Frank J. Husak,
Philadelphia, Pa.
--u-j ■
Bond
Disposal
Report—It
is
$73,024,081 over the unreserved in# the one year is $100,000,000.
Clerk of
the Board of County stated
Report Made on Progress of
by John M. Stritch, City
margin of July 1, 1942, at which Certainly in the immediate post¬
Commissioners, for the purchase Auditor, that $110,000 2J/2% semi*- Bond Exchange—It is announced
time it was
$153,050,539.
It is war situation anything beyond this
of $1,398,000 3V2% coupon or reg¬ ann.
hospital and sewer refund¬ by Drexel & Co. of Philadelphia,
$114,113,729 higher than the un¬ would not be practical.
It will istered
refunding bonds. Denom. ing bonds will be purchased at par and Lehman Bros, of New York,
reserved margin on July 1, 1941,
therefore be necessary at some
$1,000.
Dated Oct. 1, 1943., In¬ by the City Treasury Investment joint managers of the bond ex¬
of $111,960,891, and $196,167,053
stage for the Planning Commis¬ terest
payable A-O. Due $69,000 Fund; Dated March 1, 1943. Due change group, that duringthe
higher than the margin on Jan. 1, sion and the Board of Estimate to
period from July 15 to Aug. 14,
1940, which was only $29,907,567. scrutinize the post-war program April and Oct. 1,1948, and $70,000 $11,000 from Sept. 1, 1945 to 1954
$10,035,900 bonds were exchanged,
'
\
April and Oct. 1, 1949 to 1957. incl.
"Section 212 of the City Charter with a view to developing a prior¬
.'X'/ .-'r.
-vVr^; A
,K- v-V-\. •'•$**. \--av■/}'
Bidders may bid for a different
making a total of $63,491,200 ex¬
calls on the Comptroller at this ity or time-pattern in connection
Toledo, Ohio
rate of interest in multiples of
changed to date.
This includes
time not only to set forth the fig¬ with it."
Bond Call
City Auditor Rudy bonds of practically all series,
of 1%.
Principal and interest
ures herein contained but to ad¬
Klein is said to be calling for pay¬ with
the
exception of several
payable at the County Treasurer's
vise the Board of Estimate, the
NORTH CAROLINA
ment
on
Nov.
1, street grade series no longer available for ex¬
office.
Issued for the purpose of
Council, and the City Planning
separation of 1931 bonds to the change.
Series DD and II have
providing funds for refunding cer¬
Commission 'as to the maximum
Burlington, N. C.
amount of $133,000, part of an is¬ been closed out.. ^
;
1
tain refunding special assessment
amount and nature of debt which
Bond Sale—The semi-ann. re¬
sue of $204,000.
road, sewerage and water supply
Wage Tax Revenue Higher—
in his opinion the city may sound¬ funding bonds
aggregating $58,bonds, and also original sewer and
Figures, made public recently for
Youngstown, Ohio
ly incur for capital projects dur¬ 000, offered for sale on Aug. 17—
water supply improvement bonds
the first seven months of the cur¬
Bond Call—It is stated by Wal¬
ing each of the six succeeding cal¬ v. 158, p. 624—were awarded to
originally issued within then ex¬ ter W. Mitchell, Secretary of the rent year by W. Frank Marshall,
endar years.'
It is obvious that the Wachovia Bank & Trust Co. of
what we may or may not be able Winston-Salem, and John Nuveen isting limtatons but issued prior Sinking Fund Trustees, that the City Receiver of Taxes, show that
to Jan. 1, 1931, or the indebted¬
in the face of the a/2% reduction
to do in such a six-year period & Co. of
said Trustees have passed a resolu¬
Chicago, jointly, paying ness
represented by the bonds in¬ tion calling for payment on Oct. 1, in the city wage tax effective last
will depend most of all upon the a price of
100.093, a net interest curred
by the public sale of notes the
duration of the war.
As to that I cost of about 2.20%, divided as
city's
3V2%
indebtedness January, the revenue yield from
this levy promises to be almost as
prior to Jan. 1, 1931. The pur¬
venture no opinion.
follows:
liquidating bonds Nos. 42,307 to
chaser must be prepared to accept
high as last year.
Mr. Marshall
"The repayment, direct or in¬ $18,000
water bonds, of which delivery of these bonds before 10 42,494 to the amount of $188,000,
reports that continuation of the
direct, of existing debt is, of
$13,000 are 2V4S, due $3,000 in a.m., on or about Oct. 1. The pro¬ part of an issue of $1,193,000, dated
present collection rate through
course,
an
ascertainable figure.
1965, and $5,000 in 1966 and ceedings incident to the proper May 1, 1936, and maturing Oct. 1, December would
bring receipts
1945.
•
••:.
It amounts to about $55,000,000 a
1967, the remaining $5,000 are authorization of these bonds have
from the tax to more than $22,Funds in the amount of $188,year of debt subject to the con¬
2s, due on March 1, 1968.
been taken under the direction of
000 and interest to Oct. 1,1943, are 000,000—approximately $3,500,000
stitutional limit.
By the end of
7,000 sewer bonds,
of which Squire, Sanders & Dempsey, of available for redemption of said above the budget estimate of $18,December, 1949, if no new debt
$6,000 are 2y4S, due $2,000 in Cleveland, whose approving opin¬ bonds. Bonds must have unmat- 666,666 presented at the beginning
(other than that for which re¬
1965 to 1967, remaining $1,000 ion will be furnished. Bids*must
of the year.
: .:
■;
tured coupons attached and will
servation has already been made)
are 2s, due in 1968.
be made on a blank form fur¬
Such was the picture given in a
be paid at the office "of the Sink¬
were
issued we would have re¬
nished by the above clerk.
En¬
33,000 street bonds, of which
ing Fund Trustees. Interest ceases report which showed that city and
duced our net indebtedness by
close a certified check for
l%
$24,000 are 214s, due $8,000 in
school tax receipts had increased
on date called.
$330,000,000.
Actually some 10
of the amount of bonds bid for,
1965 to
1967, the remaining
substantially over the sevenmillions will be required for the
payable to the County Treasurer.
OKLAHOMA
month period as compared to the
$9,000 are 2s, due in 1968.
completion of the post-war plans,
like period last year and that de¬
East Liverpool, Ohio
All bonds mature on March 1.
'
Pauls Valley, Okla.
\
leaving roughly $320,000,000. The
Bonds
Sold —It is
stated by linquency in city and school taxes
Bonds Authorized—The City
Second best bid was an offer
margin
within
the
debt
limit
had dropped slightly.
would not be expanded by this submitted by R. S. Dickson & Co., Council is said to have passed re¬ W. J. Harris, City Secretary, that
Mr.
Marshall
announced
that
entire sum because, although real of 100.03 for $43,000 2V4s and $15,- cently an
ordinance calling for $35,000 airport bonds approved by
estate values are showing a tend- 000
the issuance of $9,513 not to ex¬ the voters at an election on July wage tax collections for the seven
2% bonds.
000
or
large
more
than
only
ago." •
as
seven
three
times
and a
as
half
This
would reduce
,
000
■
,
.
-■
■
'
•
,
,
.
.
...
-
.
>
.
-
>
—
,
■
,
Volume
THE COMMERCIAL 8c FINANCIAL CHRONICLE
Number 4205
158
rate
collection
of
continued.
The State's
'r
totalled $12,829,855. Al¬
though this represented a decrease
of $1,749,250
for >the' period in
comparison to last year's, it would
mean. more
than
$22,000,000 at
the close of the year if the same
months
adopt some method of renegotiat¬
ing war/contracts which would
unemployment com¬
pensation trust fund, as of June
30, this year, aggregated $40,613,211.52, a jump of more than 50%
from the
$26,928,208.35 reported
in the fund on June 30, 1942.
\:
State's
The
debt
net
bud-
and obviate the
necessity of refunding taxes al¬
ready collected..,
getaryj problems
,
1
such
of
States
the
relieve
de¬
was
which
729
transfers
the
to
fund
revenue
general
outside
moneys
certain
which
city limits and ways in
utilities contribute to mu¬
which have accumulated in special
nicipal
funds designed for specific jobs.
determined
by
funds
have
been
study of utility
management in 20 municipalities.
The city-owned utilities in 13
Chairman Lockhart is officially
interested in the
general
recording agents'
of the
fund, motor vehicle fund, fire in¬
surance
division fund, insurance
a
council-manager cities
are
SOUTH DAKOTA
directly under the control of the
$1,357,441.17 in the past
examination fund, insurance fees manager, and in three cities the
It amounted to $22,- Brown
war
industries and Government fiscal year.
County (P. O. Aberdeen),
fund and the mutual assessment manager has limited control.
In
agencies, probably has been the 633,254.66 on June 30 as against /•;;:/:/
•; s; Dak:
/
fund. The fire insurance division the two mayor-council cities in¬
chief reason foy the steadiness of 523,990,695.83 a year earlier.
'"Bonds Sold—It is reported that
cluded, utilities are operated by
fund, - obtained from special as¬
the wage tax index, City Hall
$150,000 1 Vz % semi-annual perm¬
SOUTH CAROLINA
| anent 'school refunding bonds sessment of the fire insurance a council committee in Columbia*,
authorities assume.
companies admitted to Texas, is Mo., and by a board of public
/
This tendency also was 'in evi¬
were purchased on Aug. 6 by the
Andrews, S. C.
/
intended to cover the cost of the works appointed by the mayor in
dence last year when the tax was
Bond Tenders Invited — It was First National Bank of Aberdeen,
fire
insurance
rating
division. Hannibal,'Mo., and in the com¬
at the rate of 1 Vz %;> Then the stated ' by
J. B. Wooten, Town and the Allison-Williams Co. of
When the money goes into the mission-governed cities, Chanute
balance at the end of the year Clerk and Treasurer, that sealed Minneapolis, jointly.
;"/;
general fund of the State/it can¬ and Kansas City, Kan., by de¬
from
the
tax
was * $24,762,041,
lenders of refunding bonds will be
not be removed without an act partment heads appointed by the
which was $4,762,041 above the received until October
; ;
y3' •"' 'I' TEX
/ ■' ■ c.f the
mayor in the first and by a fiveLegislature.
estimate.
;//! .
:/''■/ /'/The sum of $1,000 is available Hidalgo County Drain. Dtst. No. 1,
man
board
of
public utilities
:/ "The
Legislature created the
Mr.
Marshall's1 report further for!' the purchase;; of bonds
so
'•!•/;/ ,// Texas
„./ //
by the people in the
various funds for the purpose of elected
showed
that collection; of
city tendered/at prices not exceeding
Bond Call—It is stated by K.
second.
.:/'»'
Influx of
new
creased
workers, both in
•
,
AS:/'V ^s ^
,
.
providing moneys for the admin¬
Fourteen of the cities have all
Bonham,. County Treasurer, istration
of
certain
insurance
refunding bonds, Series 1941, 'laws," said Mr. Lockhart.
"It has utilities in one department, while
Nos. 469/ to .475, are called for been
have
a
superintendent in
necessary
to
accumulate six
part of the bond for present pur-?; payment on Sept. 10,.at par and
sizable amounts in them as a re¬ charge of each utility, according
poses. 'v:/
" / /, /'!.! //!/ >•;;; ■ /4//; //* t accrued interest to call dae, at the
to information to the Internation¬
serve
for fluctuating needs.
To
State/ Treasurer's. Pffice, Austin. divert such accumulations to the al City Managers Association.
South Carolina (State of)
"
In addition to the" more favor¬
Dated Dec. 10, 1941, - Due March
general- fund will result in the
Auxiliary services of purchas¬
Relief Sought from Effect of Re-j
able delinquent tax record, an-i
-10, 19734,: Interest ceases on date necessity of compelling insurance ing, financial records, recruitment
other improvement was in' collec¬ negotiation of Federal Contracts—
called.!,,, .....v.
•; companies, and consequently their and1 personnel
matters
are
tion of water rents, which jumped The State Tax Commission, unless;
forced to change: its policy by the! La Salle County' (P. O. Cotulla), policyholders, to contribute more handled by a central office for all
$121,873 over 1 the same sevenmoney for the purpose of admin¬
city departments, including the
courts, will not recognize the Fed-! '^•//•V
month stretch in 1942. r :
*/': Texas
■/ -/
/:
[
eral Government's / right, by re-: /
insurance laws r than is utilities in more than one-half of
Bond Sale Details—It is now re¬ istering
In gen¬
negotiation of war contracts, to ported7 that the $101,000 /court actually expended in the adminis¬ the 20 cities reporting.
RHODE • ISLAND''
thus far have-amounted
taxes
to
and: accrued interest.
The
certificate; of indebtedness issued
with each bond is regarded as a
par
increase of $1,038,J
963 over the corresponding period
of last year. School tax receipts
increased
$768,182,
reaching
a
total of $25,907,277.
$37,520,485,
'
an
W.
that
.
-
*
.
-
•
/
;
;
Rhode Island (State of)
put the State in the position of
| having to refund taxes which have
.
Collections Improve—
Revenue
collected and distributed, it
been
Despite a drop of 21% from the
preceding year in revenue from
motor
vehicle registrations
and
and :
house
San
of
coast
refunding bonds
Robertson & PanAntonio, as noted
jail
sold to Dewar,
announcedby .State Senator here, bear 3 y2%; interest, payable
Edgar A. Brown, chairman of the A-O. and mature April 10 as fol¬
State/ Commission on Interstate lows: $3,000, 1944 to 1949, $4,000
gasoline/ taxes,
Rhode
Island's Cooperation, following a confer¬ m 1950 to"
1956, $5,000, 1957 to
total revenue jumped
16.8% in ence with representatives of the
1962, $6,000, 1963 to 1965, and $7,the fiscal year ended June 30, ac¬
State Tax Commission and Gov. 000 in 1966.
.' ' :"
cording to a report by General Olin D. Johnston!. '4;/////-<,4'///-'-V
/
State Treasurer Russell H. Handy!
.l/;/-/ McAllen, Texas
/
"We
are
concerned," Senator
Bond Refunding Discussed —
The. automotive tax drop was Brown
explained, "with the pos¬
offset by the combination of a sible loss of substantial revenue The City Commission is said to be
substantial increase in inheritance from income taxes on account of considering a tentative proposal
tax yields,. certain new and in¬ the Federal Government's renego¬ to' refund in part the pity's $1,creased levies, and a windfall in tiation of contracts with manu¬ 204,000 bonded debt. >
was
.
the form of payment
of two years'
facturers and contractors in
South
fund were $18,198,254.89
just ended, an increase
$2,619,571.41 from the revenue
of $15,578,683.49 of the preceding
12 months. ; '
"
*
Licenses- fees and sales, plus
general
in the year
of
in
dollars
This
revenue.
in turn
in the State which participate in
and miscellaneous the distribution of the income taxi
income—up $76,600.95 in the past Such a situation would upset the
Federal grants
year—lifted
total
budgetary system of every State
and every county in South Caro¬
979,600.22 for the latest 12 months,
a
gain of $2,696,232.35 from the
$20,283,367.87 total of the preced¬
ing fiscal period.
/ton;!/; I
mate of
and
$22,983,995 for such rev¬
made last March when
are
i
These bonds
;
Tax
oil
department instead of by a
city office are those with
a
separate board, as in the case
of Albany, N. Y., Hannibal, Mo.,
Kansas
City, Kan., and Knoxville, Tenn.
ity
Collec¬
Nearly all cities covered in this
study supply some utility
percentage of the total, the Asso¬
ciation reports.
Neither is there
a
set
pattern for contributions
the Legislature, the report showed which utilities make to municipal
that
tax
collections
increased general funds.
7.22% between the fiscal years of
For
.example,
Albany,
Ga„
1941
and
1942, "but the State's Ames, la., Austin, Tex., Chanute,
taxes dropped 4.30%, Counties in¬
Kan,, Hamilton, Ohio, Hannibal,
creased 11.55%, cities 10.72% and
Mo., Long Beach and Pasadena,
Addressed to the Governor and
.
districts
7.31%.
4\/-/
/
;/ •:
/. Total taxes paid in several gov¬
ernmental
in 1942 aggre¬
having risen
$138,930,887 in 1938. / 4
gated
groups
$155,321,637,
from
Funded debt
the counties and
on
the option of the
.
am
that
advised
of
many
through their Commissions
Cooperation, tax
commissions and chief executives
Bonds'/Defeated—At
tion held
on
the
nance
elec¬
the
Aug. 12 the proposal
$2,100,000
issue
to
purchase
net bond
bonds to fi¬
of the local
^
sembly.
-
•
r
are
over
Whether ^expenditures ;;
have
trated program
to the general fund or
tributions
the city an amount equal to
taxes that would be paid if util¬
pay
ities
a
owned, and
privately
were
few cities do both.
Most officials in
reporting cities
operation of city-owned
utilities should be integrated with
believe
other
municipal services and that
grouping of two or three utilities
during in one department directed by., a
the last five years. / ;
,///;■;;'/ competent superintendent results
// The
1942 figures show how in special economies from the use
Texas' taxpayers1 contributed to
of central auxiliary services.
their various governmental units
4 ,;/•//*:•.',;
z;.f ■
as State taxes totaled $22,598,246
;/:z!:,;;:/!/;.,. VERMONT
Z^!/
counties; $35,062,961, cities $41,Vermont (State of)
713,903 and districts $55,946,525.
decreased
by
$44,802,975
protesting to the Government gas company was rejected by the
this
question. ;! A concen¬
voters.:;:/:.-,!^
/!;;!,,."! /
of the States ap¬
•fallen in line to give the free sur- pealing
to the Government to Reagan County (P. O. Big Lake),
-; Texas, ■
plus of' $2,356,251.12 which the change its method of renegotia¬
Warrant Call — It is reported
Bond Call—Mrs. J. A. Forhand.
Governor then estimated would tion of contracts, so as to protect
by Jesse James, State Treasurer,
individual
be shown in the general fund as the
States, is to be County Treasurer, announces that that he is
calling for payment at
: of June 30 will not be known unmade through the Council of State the county has exercised its option
face value General Revenue war¬
Ztil Judge Edward L. Leahy, Act- Governments." ,''r
VvX/ '*•
''V/J- granted by Article 720,. Revised rants to and including No. 316,Civil Statutes of Texas 1925, and
»ing Director of Finance, issues his
In declaring that the policy of
481
(1942-43 Series), /which in¬
calls for payment on Oct. 1, 1943,
annual report later this month., ! South Carolina would be to refuse
cludes all warrants issued prior
6% court house bonds Nos.. 9 to
General Treasurer Handy's re- to recognize the Federal Govern¬
1o
and including Nov. 20, 1942.
50, to the amount of $41,000. Dated
port on tax collections for the past ment's/right "to necessitate?! tax
Denomination, $1,- This call is for $400,282.49.
fiscal year showed that declines in refunds through renegotiation of April 1, 1926,
0004 Due April 1, 1946, 1951, 1956.
General
Revenue : warrants,
motor vehicle and gasoline taxes its contracts, unless forced to do
1961, and, 1966.
Said bonds shall dated prior to Sept. 1, 1940, are
were about in line with expecta¬
so
by the courts, Senator Brown
be presented for payment at par now void because of the State
tions.
added that "if necessary, legisla¬
vV-;
and accrued interest to the Guar¬ statute for two years' limitation.
Income from motor vehicle reg¬ tion : wili be " passed at the next
of
these
warrants
anty Trust Co., New York.
For Possessors
istrations, ^ totaling. $2,972,306.36 session of the Legislature-carrying
convenience of holders, arrange¬ should make arrangements with
in the year ended June 30, 1943f into -effect-this- policy." ; " 'V,,Z ,*:4
ments have been made to take up the State representative of their
was
down $405,871.33,
or ,12%,
Resolutions adopted at the con- the bonds at The Big Lake State
district to have them presented
from the $3,378,177.68Revenue of
ference
set;' : forth /. that; "retrod Bank, Big Lake. / Interest ceases to the General Claims Committee
:
the preceding year. '
; ;
active recapture of profits on re^ on date called.
/■ /.,/. :
"
for special appropriation at the
;
Cal., provide free water to other
city departments. In 15 cities the
utilities make regular annual con¬
and time warrant indebtedness has
Port Arthur, Texas
service
limits, but there is no
set pattern or policy and the rev¬
enue received generally is a small
outside city
ober. 10 next
;
auxiliary
which
provided by the util¬
are
central
$1-7,143.370 in de¬
linquent taxes was paid by Texans
during the last fiscal year, leav¬
ing due and unpaid a total of
$111,806,463, according to a re¬
port by C. H. Cavness, State Audi¬
tor and efficiency expert.
redeemable at
are
services
tions—A total of
/
//,
;
Issued
in
cities
eral,
%
Report
1, 1919. /•/. s!' •* ;
Series C; Nos. 883 and 884 issued
34 income tax States
Interstate
on
As¬
annual budget to the General
I
them
Gov;
Howard McGrath presented his
enue
J.
"There
total
This
■
the
indirectly
$601,517,611,. The total
almost exactly
equalled the revised budget esti¬
;
funds."
Aug.
19, 1922.,
;
County on Oct¬ subdivisions totaled
$645,630,623
preceding their final
being $626,796,669 in bonds and
lina.
(In South Carolina 10% of maturity and notice of this call the remainder in time warrants.
the revenue from income tax is lor payment shall be given by the As against this, accumulated sink¬
distributed among the 46 coun¬ county at" least 30 days prior to ing funds reduced it to a net of
redemption date,
>
.
ties.) /; zzy
fund
general
from all sources to $22,-
revenues
Thus
laws.
e c o m e
fund, whereas, indisputably,
the Legislature had no such intent
at the time it created the special
Nueces
Feb.
b
eral
—
would affect the various counties
.
those
for the benefit of the gen¬
taxed
present
of
method
State tax revenues of the
Total
Should ;! the
Carolina.
!ZV"7;^7'':!:
year.
one
of
companies
County (P. O. Corpus
/ , *
Christi), Texas
renegotiation be pur-! r
Bond Call
County Auditor
sued by the Government, South C. U. Wilde states that the follow¬
Carolina, as well as all other in-' ing county road bonds are being
come
tax States, stands to lose called for payment on October 10:
many hundreds of thousands of
Series B, Nos. 371 to 400, issued
public utility gross earnings taxes
in
tration
.
■
•
Fund
General
Make
Revenues
'
-
.
•
•
Picture
Fiscal
stated
on
•
Ang. 1 by Governor
Wills that the State
government ended its 1943 fiscal
year on June 30 with an
unap¬
propriated surplus of $1,176,664.29
and a total of $5,440,998.13 in cash
and temporary investments.
•;
a
debt retirement
provided by legislative
act, the total State debt was re¬
duced during the year by $1,157,-
Following
program
.
•
H.
William
Favorable—It was
000
to
This
reach
debt
$5,493,031. ■''•/'
is the smallest
temporary ■ invest¬
the largest
and
hand
on
.
/
;
Gasoline taxes
yielded $2,881,- negotiation of
355.50, declining. $1,168,080.85, or
28.6%, from the $4,049,436.35 re¬
turn of the preceding 12 months.,
The
and
vehicle
-
the
to
States
losses
serious
"
$1,573,952.18,
or
approximately
lected
and
risk, of
A
•
$7 430:874.47.
That
•
the 1943 Texas
unconstitutional
because of its procedural defects
and I know it is unsound," said
passed by
Legislature, ! is
144,
an
385.65 reported a year ago.
-
*
-
Texas
/ '
\
•
k
>
!.
i
Carolina-
South
■:
;
.
'/;
,
•/
.t
.<1
.
commission
■
.
':ti
; '
*
M
/.:.
.
"t
\
I
'/ »
>;
General for
to
t
*
i'c
,
/ 1
-
I"
>
■
>
.
an
i
•
j
warrants
opinion
.
the
on
•presented
..'r
.
i
/
•
?■
immediately
•
UNITED STATES
Various Cities Report on Man¬
agement of Utilities—How cityowned utilities are organized and
) f
v
I
i ■'
..
_
■
extent of
the
11.;!'.;
I
■-.!.!./
I
! r'-
'
.:.(
tion
.
had
liabilities
year,
armed forces.
State
for pay¬ ceeded
the
;
Appropria¬
increased by
in the State's history.
to
of¬
ment.
the bill serviced,
ments is believed to be
$1,054,189.17 at the end of the
including $1,000,000
ear¬
marked by the last Leg'slature for
Revenue State pay to Vermonters in the
Treasurer's
General
than
Other
of
requested
are
State
Legis¬
holders
Com¬
of
Insurance
iu
State
ants, all State warrants are cash¬
able when issued and should be
'
<
-
of
Board
missioners in asking the Attorney
-
-
f
O. P. Lockhart
Chairman
between /the Federal
Government and taxpayers.
Congress, was
urged by the
the
i
that Senate Bill No.
believe
"I
total repre-^ negotiation
increase of $4,002,488.82
the cash balance of $3,428,-
sented
"over
*'
such
of
Out-of-State
lature.
re¬
ported as follows:
•
•
Unconstitutional—
session
next
dispatch from Austin, notify
fice.
on- Aug.
9 to the New
"Journal of Commerce"
York
distributed" and imposed
z.v
re¬ budgetary problems on the States;
ready
•
of)
>
General Revenue
special
Texas,
instances - al¬
;•// General Treasurer Handy
also that certain States had passed
ported that as of June 30, this
legislation declaring it their policy
year, the general fund had a balto refuse : to refund any' income
ance of $5,930,874.47 in cash and
taxes-already paid because of re¬
-$1,500,000 in securities, a total of
;
(State
Deemed
Fund
of State tax reve¬
in some
Texas
Transfers/to
nues
•
21%.
subjected
war contracts by
Government": had
"through ~ necessity of re¬
in, motor
gasoline f taxes was funding State taxes already col¬
combined ! loss
'
the" Federal
since
$8,000,000 issue of 1937 flood
bonds, while the amount of cash
the
services
'!
J
general fund revenues ex¬
expenditures
by
$767,-
786.76, a condition which was re¬
sponsible for restoring the State
surplus almost to last year's level
after it-had been almost entirely
dissipated
legislative
by
Total State receipts
in all funds
'■*'
/ // i!
appro¬
priations.
»•'. U'K.
'•
*''•.«/
'
4/ / •'/
'
$16,702,137.35,
;
total
State's
The
during the
decreased considerably
result of a heavy re¬
duction in return from the gas¬
oline tax
which is pledged for
year
a
as
'
,
cigarettes, electrical
liquor, beer and wine.
ergy,
:/•<
playground, library, harbor
improvement, city hall, elec¬
tric
plant,
viaduct, sewer,
fire
protection
and water
4-514% bonds.
Due Nov. 1,
1943 to March 16, 1969.
en¬
George
C. Secord, County
Treasurer, that the following re¬
bonds aggregating $56,SGO, have been exchanged with the
funding
bonds:
Sch. Dist., and
$17,500 Woodland Sch. Dist. bonds.
original
the
of
holders
Kalama
$39,000
Seattle, Wash.
H.
follow¬
Treasurer
Call—City
Bond
states that the
L. Collier
bonds (municipal light and
power), are being called for pay¬
ment at his office or at the State's
fiscal agency in New York City,
ing
Cal., El Capischool and
municipal improvement 414,
4% and 5% bonds.
Due Jan.
1, 1944 to Sept. 1, 1969.
r
43,000 San Diego Co., Cal., re¬
funding and highway 2% and
5% bonds.
Due Oct. 1, 1944
100,000 San Diego,
No.
ordinance
by
amended
of)
Washington (State
Of¬
Issues
Municipal
Various
is announced by Sec¬
retary Ernest Minor that the State
Finance Committee will receive
sealed bids on Sept. 1, at 10 a. m.,
for the purchase of the following
general obligation State and mu¬
nicipal bonds aggregating $12,-
fered
'
•
-
It
—
■
v;
•:
.
*
Due
bonds.
'
1974.
and
1, 1972 to
July
1959.
23,000 Port of The Dalles, Ore.,
general improvement ^Vz and
4%%
bonds. Due July
1,
-
Coos
district
■
Ore.,
school
3V2%
bonds.
Co.,
No.
Due Feb.
9,
15, 1951 to 1956.
35,000 Jersey City, N. J.',
4% and 514% bonds.
Jan. 1,
1, 1947.
March
50,000 El Paso, Tex.,
water works
50,000 Rocky Mount, N, C., gen¬
era 1
improvement
2%%
1964 and
76,000 Ridgeville Park District,
111., park 314% bonds.
Due
Dec. 1, 1947 to 1955.
667,000 California Park, veterans'
welfare, harbor improvement,
building, highway and Olym¬
50,000 East St. Louis Park Dist¬
rict, 111., park 414% bonds.
Due Dec. 1, 1959.
piad 4-4%% bonds. Due Jan.
2, 1951 to July 2, 1989, op¬
tional July 2,1951 and 1955.
;
90,000 Oakland, Cal.,
5%
school
Jan.
1, 1956, 1961 and
Redondo
breakwater
Dec.
4%
bonds.
Cal.,
100,000
1977.
Gate Bridge and
Highway District, Cal., bridge
3% and 4%% bonds.
Due
July 1, 1950 to 1971.
802,000 Golden
water
district, Cal., Colorado River
water refunding 4, 4V4 and
214%
bonds.
1, 1952 to 1955.
25,000 Minneapolis, Minn.,
relief 1.60% bonds.
-
J:
.
100,000 Kansas City, Mo.-, refund¬
ing improvement and general
obligation 3 and 4%% bonds.
Due July 1, 1948 to May 1,
1970.
50,000 Hammond, Ind., sanitary
district, Series C 3V4% bonds.
Due Jan. 1, 1956 to 1960.
376,000 Detroit, Mich., various
2%-5!4% bonds. Due Dec. 15,
..
and
Feb.
1943 to June 1, 1961.
the north shore
I., police,
highway;
water
and ; sewer;
2%-414 %.
Due Nov.
1, 1952 to
House Secretary:
in
414% bonds.
to
school
Pa.,
Due July 1,1948
1955.
$2,400,000 richer because
lections from
surtax
ment
100,000 South Carolina, highway
414
and 4%%
bonds. ;,:Due
Aug. 1, 1946 to
1953.1
Dec. 1,
Yonkers, N. Y., general
purpose,
water and school,
3%-5% bonds.
Due Feb. 1,
the year
1961,
•
1956 to April 1,1969.
of col¬
on
1943, the
Taxpayers' alliance an¬
nounced today.
Collections
;
totaled $4,700,000, a
than twice
the $2,300,000 required
record and more
new
as
100,000 Alabama, Harbor, regis-r
tered 414% bonds. ' Due Dec.
is
teachers' retire¬
incomes during
the
ended June 30,
Wisconsin
125,000
much as
teachers' retirement sys¬
during the year. The balance
the
by
tem
He was accom¬
panied by his Chief of Staff Ad¬
miral William D. Leahy; Rear
Admiral William Wilson Brown,
his naval aide; Maj.-Gen. Edwin
M.
Watson,
his military aide;
Rear
Admiral
Ross
Mclntire,
James F. Byrnes
kins."
;
-
and Harry Hop¬
v'.;■ ;
Presi¬
physician and
Surgeon-General.
Mr. Byrnes is
Admiral Mclntire is the
dent's
personal
of War Mo¬
Director of the Office
and Mr. Hopkins' is
Chairman of the Anglo-American
bilization
Munitions Assignment
Board.
:/;Mr. Early said that the
dent did "some fishing"
trip
one-week
but
that
! \
Presi¬
on
to
the
his'
knowledge he did not see Prime
Minister
W.
L.
Mackenzie
King
of Canada.
;
of $2,400,000 will
go for state
'.On his first day back in the
Pa.;: genimprovement : 4-5% spending under the governor's ex¬ capital, Mr.. Roosevelt held sep¬
Philadelphia,
424,000
e r a
report:
executive budget
lowing to
The State's
Scranton,
100,000
Enriches
near
Bays.
vacation
north shore of
McGregor and
Canada on the
Lake Huron,
of)
Fund
Surtax
has returned to
"The President
Washington from a short
Budget—A special dispatch out of
Madison on Aug. 9 had the fol¬
July 1, 1962.
by
Whitefish
Wisconsin (State
<
statement was is¬
Stephen Early, White
The following
sued
1944 to 1965, at
of 99% for the 1966, 9914
1967, and 9914 for the 1968
Excess
in Canada" on
of Lake Huron.
vacation
short
a
WISCONSIN
bonds;
1969. -i .
1, 1967 to
138,000 Pawtucket, R.
fire,'
refunding,
1,
public
Due Nov.
1, 1949.
Due July 1,
metropolitan
district
100.098
Investment—
maturities.
water 2%%
wer
1945 to
Jackson, Miss., separate
Due June
15, 1953 to 1960.
1,100,000
1, 1956, optional 1947 to
school
Due
1951 to 1970.
358.000 East Bay Municipal Util¬
ity District, Cal., water 5%
bonds.
Due Jan. 1, 1955 to
sanitary
1949.
1962.
920,000 San Francisco, Cal., water
and school 414 and 5% bonds.
;
Jan.
Due
Beach,
111.,
and judgment
funding 3, 4 and 414% bonds.
Due Jan. and Sept. 1, 1955 and
registered
bonds.
and
50,000
210,000
Chicago,
district, park,
price
for the
announced on
Aug. 9 that President Roosevelt
had returned to Washington "from
ranging from
Warwick, R. I., se¬
50,000 West
bonds.
1965.
Juneau, Alaska, Munici¬
pal Government 3% bonds.
Due Oct. 1, 1945 to 1951.
50,000
Vacation In Canada
The White House
May 1, 1954.
Due
1966.
Due Jan. 1,
ties
1, 1974.
Norfolk, Va., public im¬
provement 414% bonds. Due
15, 1963.
160,000 Fort Worth, Tex., various
3%-5% bonds.
Due Jan. 1,
bonds.
to Nov.
25,000
1, 1951 to May
1954, optional Aug. 1, 1949.
.
.
a
general
improvement
414 and 5% bonds. Due March
Feb. 1,
'
.
Bank,
The successful bidders reoffered
Mass., municipal the above bonds for general in¬
improvement and rapid tran¬
vestment, at prices to yield from
sit
(registered) 3%, 4 and
0.30% to 1.25% for the maturi¬
414%
bonds.
Due Oct. 1,
1957
and
to
1980.
1, 1977 to
J '
President Dooseveit's 1
265,000 Boston,
-
"
1954 to 1963.
^
and
for
im¬
in
—rnmmm—
—r_
Bonds Offered
Due in 1953.
314%
semi-annual
provement
bonds. Due
42,000
Bosworth & Co.,
$900,000, 114s
,
semi-annual improve¬
ment bonds.
Louis, and
jointly,
For $100,000, 4s,
aggregating
bonds
basis of about 3.23%:
$18,000 3%
—100.00
Bank, Chicago,
Boatmen's National
Braun,
It is reported that
—
following
average
Chicago,
Trust & Savings
Due Feb.
bonds.
water, 4%%
& Co., Inc.,
Harris
St.
Kentville, N. S.
,
Co.,
Northern Trust
Passaic
J.,
N.
Clifton,
100,000
Jan. 1, .1946 to
water
-Due
June 1, 1956.
Aug. 1, 1954 to
;
45,000 Maricopa Co., Ariz., high
school
district
No.
1 5%
bonds.
Due Jan. 5, 1945 and
1957
100,000 Ketchikan, Alaska, gen¬
eral improvement and street
3% bonds. Due Aug. 1, 1945
to
Due
July 2, 1963, optional
1947 and 1948.
1945, 1954 and 1955.
50,000
1966.
July
1, 1944.
public works
relief 4-6% bonds.
March 1, 1944 to Sept. 2,
1949, optional
March 1/
to
1949
15,
April
_-zJ.- -- ---100.02
114s
$720,000,
V
;
$60,000, were purchased recently
by Cornell, MacGillivray, Ltd., of
Halifax, at a price of 101.67, an
jointly,
For $280,000, 114s, and
;
'
75,000 Phoenix, Ariz., water, city
hall, sewer and park 4-6%
water,
Ore.,
poor
Due
1, 1946 to
bonds.
street,
bridge,
19,000 Ch'oteau Co., Mont., fund¬
ing, 214% bonds.
Due July
.
the
and
Stevenson & Co.,V
Bacon,
201,000 Hudson Co.,tN. J.,, hospi¬
tal, park and geheral obliga¬
tion 4 and 4 14 % bonds.
Due
1944
1
4
& Co.,
Estabrook
SCOTIA
NOVA
& Co.,
114s,
$880,000
,
<
Bonds Sold
Harriman Ripley
; to July 1, 1965.
Richland Co., Mont., re2%%
bonds. Due
Jan. 1, 1943 to ,1952, optional
Jan
general improve¬
4 and 414% bonds. Due
1, 1966 to Jan. 1,1982.
and
$2,surtax col¬
CANADA
100.044
jointly,'
:
For $120,000, 2s, and
-
119,000 Providence, R. T., water
4% bonds.
Due Dec. 1, 1962
1, 1944.
400,000 of excess 1943
lections."
.
-
Fox, Reusch
reversed
now
that the state has
coming to it from the system
Co., and
Otis &
N. Y. refund¬
of .,1939 2.20%
Sept. ,1, 1950. 1';
have
the situation, so
Graham, Parsons & Co.,
Eastman, Dillon & Co.
;
.
system from 1940 to 1943 on this
debt, combined with extra surtax
collections over- and
above re¬
quirements,
$1,000,000, 114s,
For
a
"Payments by the State to the
—100.01
jointly,
purpose
' Westchester Co., N. Y.,
sewer
June
funding
,
Portland,
141.000
4%
water
Ore.,
Salem,
<
23,183
1961.
March 2,
25,000
1944
Due Jan. 15,
6% bonds.
to
4%, 4*4 and
and bridge
road
Ore.,
Co.,
Multnomah
202,000
ment
tional Jan.
Due
bonds.
Yellowstone Co., Mont.,
school district No. 2 2%%
bonds.
Due Jan. 1, 1959, op¬
April 1, 1953.
to
71,000
series
ing,
1949.
(State of) veterans' aid and highway 3%5% bonds.1 Due Oct. 1, 1943
Blair &
1, 1956.
to June
.
high of $6,200,000 in 1940.
Co.,
Co., Inc., and
Gibbons & Co., Inc.,
Geo. B.
As
requirements.
piled up a debt to the
system which reached an all-time
Co.,
Is
$120,000,
shortage of collec¬
any
result, it
bids were:
Halsey, Stuart &
25,000 Nassau Co.,
25,000
$100,000 Oregon,
-
1
■
.
«
.
tions' under
jointly,
For $880,000, 114s, and
N. Y., peniten¬
general
tiary,
50,000 Nampa Highway District
No.
1, Ida., highway 514%
bonds.
Due July 1, 1947 to
772,683.10:
,
;
.
1, 1956 to promptly
;
D. White &
R.
and
general improvement 4 and
4%% bonds. Due May 1, 1948
Due June
1950.
|
-
125,000 Erie Co.,
refunding
1, 1946 to 1950.
100,000
Twin Falls Co., Ida.,
highway
refunding
5 14%
bonds.
Due July 1, 1948 to
date called.
Interest ceases on
Due
May 1, 1965.
>
.
19,000 Ada Co., Ida.,
road, 4%% bonds.
No.
ordinance
by
amended
1954 to 1958.
68570.
4%,
bonds.
sewer
1933, Nos. 1 to 750,
issued under ordinance No. 64065
Series LR-4,
.as
Coeur D'Alene, Idaho,
4% bonds. Due Nov. 1,
'25,000
68569.
real estate and
414 and 5%%
July 15, 1954 to
school, sewer,
general
the
If the surtax
Hemphill, Noyes & Co.,
L. F. Rothschild & Co.,
Hornblower & Weeks, and
Y.,
N.
Rochelle,
New
70,000
York,
New
1, 1965.
1945 to June
of
cost
Corp.,
Securities
Union
N. Y., water,
improvement, > 3.20bonds.
Due Oct. 15,
41//2%
$40,000 from Sept.
Among the others
15, 1974.
general
Kellogg, Ida., municipal
improvement, 3 and 314%
bonds.
Due Nov. 15, 1945 to
1958, optional Nov. 15, 1948.
•
explained that the
teachers' retirement
The alliance
1968.
Buffalo,
240,000
"
'•••
due
1,500,000 New York.N* Y., va¬
rious 2%-414% bonds.
Due
Dec. 15, 1945 to March 1, 1981.
22,500
1930, Nos. 1 to 250,
issued under ordinance No. 58871
-as
'
Orleans, (La., serial
bonds. Due Jan. 1,
1948 to Dec.
Due July
1970.
1, 1969.
■Dec.
227,000 New
gold 414%
improvement 314 %
1, 1967 and
Cal.,
Series LT-8,
•
bonds. " Due
District,
Oxnard Harbor
bonds.
Oct. 1:
on
improvement
1959.
Dec. 31,
to
25,000
y--
canal and general
4% and 5%
July 1, 1954 to
La.,
sion,
high
dam,
tan
ii
Louisiana, highway 314,
3% and 4% bonds.
Due Jan.
1, 1950 to Oct. 1, 1958.
100,000 Louisiana, Port Commis¬
522,000
1, 1965.
June
permanent
July 1, 1953.
improvement,
park
and playground 4, 414 and 5%
bonds.
Due March 1, 1946 to
is stated
Exchanged—It
Bonds
Mississippi,
improvement
and
banking
department 414
and 5 14 %
bonds.
Due Dec. 1, 1951 and
;
own
,
collections do not
meet the state's share, the state
West Virginia (State of)
must make up the difference out
Bond Sale—The $1,000,000 semiof its own income. But if the sur¬
ann. road
bonds offered for sale
tax
collections
exceed require¬
on Aug.
17—v. 158, p. 626—were
ments, the state gets the amount
awarded to a syndicate composed
not needed.
"
oi the Bankers Trust Co., Glore,
"The $2,400,000 due the state
Forgan & Co., and Hannahs, Balexecutive, budget
out - of
1943
lin & Lee, all of New York, pay¬
teachers' surtax collections rep¬
ing a price of 100.01, a net inter¬
resents the first time since June
est cost of about 1.224%, on the is¬
sue
divided as follows: $360,000 30, 1927 that the state does not
owe the teachers' retirement sys¬
as 114s, .due $40,000 on Sept. 1 in
tem1. any
money,"
the
report
1944 to 1952; $120,000 as 1st, due
added.
"In 1928, the state began
$40,000 on Sept. 1 in 1953 to 1955,
the remaining $520,000 as
114s, a long period of failing to pay up
July 1, 1953.
191,000
4
state's share.
refunding
Tennessee,
41/2% bonds. Due
its
'
income."
VIRGINIA
WEST
.
20,000
make up
Birmingham, Ala., fund¬ system is paid by the teachers, the
ing, school and general im¬ state, and income from the retire¬
ment
fund's * investments.
The
provement 414 and 5% bonds.
surtax is designed to defray the
Due July and Oct. 1, 1945.
1, 1946.
June
during that time had to
such shortages out of
57,000
96,000 Knoxville, Tenn., funding
(water secured), 4% bonds.
Due April 1, 1952 to 1961.
-
harbor
by
Memphis,
4%% bonds. Due
Beach, Cal., school,
175,000 Long
School Districts (P.
Kelso), Wash.
O.
■
Los Angeles, Cal., flood
5% bonds. Due
July 1, 1952 and 1960.
536,000 Los Angeles, Cal., water,
WASHINGTON
Cowlilz County
/
Tenn.,. water
July 1, 1962.
35,000 Tallahatchie Co., Miss.,
refunding 314% bonds. ? Due
control district
gains were reflected in taxes on
income,
1, I960.
40,000
general fund tax rev¬
enues
were
largely responsible,
however, for the favorable fiscal
showing
for the year.
These
in
gains
1945 to
Due Sept. 1,
bonds.
Aug.
and
1967
to June 1,1983. Optional Jan.
1, 1954 to June 1, 1963.
sanitary district 2%, 414
5% bonds. Dhe Sept. 1,
ment, 4 and 414% bonds. Due
April 1, 1956 to July 1, 1961.
25,000
suburban
Washington
180,000
court
v
generall improve¬
and
house
Minn.,
Paul,
St.
70,000
66,000 Los Angeles Co., Cal.,
high school and city school
districts
4%,
5 and 514%
Considerable
highway purposes.
■
1,
1951 to 1936.
revenue ;
tax
Aug.
Due
bonds.
414 %
•
against
$15,020,191.67 in disbursements.
reached
Monday, August 23, 1943
FINANCIAL CHRONICLE
COMMERCIAL &
THE
730
1
bonds.
Due
1, 1948 to
Nov.
Optional Aug.
1, 1947, Jan. 1, 1948, Feb. and
Dec.
16, 1950, and June 1,
June
1952 and 1953.
.
■
15,
March 1,
"This was the
year
of
<
100,000 Newark, N. J.,v,
-414 and 414% bonds.
Nov.
ecutive budget.
1, 1983.
water,
•
Due
1955 and 1956, and
1960.
'V
collections in excess
requirements," - the alliance
to show
said.
"In
of the 10
fiscal
1941, on the
collections fell short
from 1932 to
other
hand,
of
requirements.
Montgomery
Co., Md., the .period
road, 414% bonds. - Due «Nov;
1968;-
each
years
20,000
1, 1964 and
arate
second successive
a
: result,-
Shortages over
totaled $5,900,000. * As
the executive budget
of
conferences with Secretary
State
Marshall,
Hull,
Chief
Gen.
George
of Staff
C.
of the
Army; Lord Halifax, British Am¬
bassador; Maj.-Gen. Alexander W.
Surles, head of the War Depart¬
ment's public relations, and Elmer
Davis, Director of the
War Information.
Office of
Volume 158
THE
Number 4205
COMMERCIAL & FINANCIAL CHRONICLE
Per
Redemption Galls and Sinking Fund
Name of Company
Edison
Dividends
;;i^|l|^ii||Notices
Below will be found
preferred
and
called
stocks
common
including those called
first
under
for
redemption,4
sinking fund
which the details
provisions..
Alabama
State
\
" 1
Date
4Va%' bonds due 1951-—'-Sep
1
Bridge Corp., 4% bonds due 1952_——-Dec
1
Allentown-Bethlehem Gas Co.—
ftft.ft,>; ft-V-
v<
Sep
1
preferred stock——Sep 15
Co., 1st mtge. bonds due 1951—Sep
1
Armour &
Ltd.—
mtge,
& collat.
•>
,
4%' bonds,
tr.
542
American
Trust Co.
Central Trust Co.
452
Resumed
"
(San
Francisco)
Payable
9-15
' 9-30
ft._-ft—
$1.25
9- 1
8-21
$iy2
9-30
9-20
$i Vi
,12-30
12-20
25c
9-30
9-20
Quarterly
Industrial, National .Bank .(Chicago)—
Reduced quarterly v.—
Quarterly , -1
—_____ft—
Morgan..(J; P.),& Co.,Tnc._l
$ll/2
25c.
12-31
9-14
12-14
9-1
,
.
5%
Illinois
Iowa
1st
$7
Aro
Art
SeP
7-yr. s.f. "3 V\ %. debentures
Sep
Oil Products Co., sinking fd. 3'A% deb. due 1955_Sep
Sinking fund 3 A % debentures, due 1957—
Sep
New York Fire Protection Co., 1st mtge. 4s, due 1954—Aug
Niagara Falls Power Co.—
:
I
1st & Ref, mtge. 3'/2% bonds, due 1966—
Sep
North American Cement Corp., 6% notes, series A, due
i948
__i_—
—ft——.——
—Sep_
,
1
1
1
1
27-
BuHard
■
,
„
„,
.
.Valvoline Oil Co.—
'
-Nov
—
•
Wu^litzer
(Rudolph)
•Announcement' in
.
.
tin Volume
International
Cigar
9-30
9-13
International
Coal
9-30
9-13
International
1
8-20
Interstate
preferred
Central
157.
3
L
1
1,
9-10
Jaeger
10-
1
9-
Jamaica
9-
1
8-17
ft; 9- a
40C
50c
9-
Gold
Metal
8-11
(quar.)
50c
10-15
9-20
(quar.)
25c
9-15
9-
1
75c
9-15
9-
1
37V2c
9-15
8-31
9-10
8-31
______
ft.
9-13»
9-7
5%
preferred B
(quar.)
10-
1
Joslyn
•
_________________
8-16
8-12
10-
1
9-24
10-1
9-15
Keystone Steel & Wire
1
9-15
1
9-15
8-30
10-
1
9-10
10-
1
9-10
$lJ/2
10-1
9-10
62 y2 c
10- 1
9-10
$1.50
9-
1
8-14
25C
9-
1
8-20
(quar.)
J3c
9-30
8-31
Strip
15c
9-10
8-31
Kimberly-Clark,
gift Extra
6%
Machine
&
Securities
Co.,
Controller
Equipment Co.,
12y2c
$17
common
_ft__ft—
(quar.)
$1.75
:
__ftft—
preferred
Pictures
$iy4
$iy2
50c
Corp.
25c
55C
Corp., common
convertible
preferred
25c
196
Crunden-Martin
Mfg.
.294
Cutler^-Hammer,
Inc.
Bound
&
ft?
preferred
7%
ft
Co.,
Brook
Diana
-
Distillers
5
.less
Canadian
DrftPepper
Co.
tax)*
495
Stores,
Driver-Harris
Dun
0Q
683
&
(quar.) ft
(E.
+on—
Common
Duro-Test
de
(quar.)
588
;
.
.
■ft 6%. 1st-
■•''Electric
________
1
25c
$l'/2
.
8-
2
9-
4*
9-
3
25C
9-15
9-
1
25C
•
3
9-15
9-
1
2nd
Fund
9-10
9-
UOc
9-20
10-
1
9-13
10-15
9-15
9-10
&
4V2%
Red
10-
1
9-15
$1.12 y2
9-14
10-25
10-
1
:_
—_+_
Fire
;
Insurance
(Denver)
(quar.)
(quar.)
______
National
Biscuit, common
preferred (quar.)
5%
preferred
National
Common
8
9-15
(quar.)
Grocers
Life &
New
9-15
9-
1
_ft
N.
J.
Mur,
Power
10-
1
9-21
Newport
11-1
10-15
8-31
8-14
9-30
9-15
9-15
9-
5
9-17
9-
3
ft. 9-30
9-15
9-20
8-31
9-20
9-
20c
9-
1
8-21
9-
1
8-19
$1.75
9-
1
8-27
New
_______
ft
ft_
_____
(irreg.)
__
——
(irregular)
$1.50
pref.
Co. of
,$l3/4
9- 1
.;.-ft; ftft ft-ftft-;
8-19
9-
9-17
1
25c
9-
1
8-20
10-
1
9-20
$lVa
10-
1
9-20
10-
1
9-20
9-11
8-23
9-1
$1V2
10-
1
$1.62V2
9-
1
$1 'A
10-
1
9-20
9-
1
8-20
9-
1
8-20
9-
7
8-30
15c
8-20
9-15
9-
2
(quar.)
9-10
8-27
50c
Sl'/j
50c
9-10
9-10
9-10
8-31
$1V4
25c
50c
37V2c
9-11
9- 1
10- 1
10- 1
8-31
,
8-31
8-31
8-25
9-24
9-1
Tenn.—
—
2 7 V2 c
9- 1
8-20
(quar.)
——•*_
(accum.)—
50c
20c
9-25
9-15
9-10
9-10
(irregular)______—
preferred lquar.)__
$iy2
$l'/2
35c
9-30
10- 1
9- 1
9-10
9-10
8-21
6c
8-16
i
Co.
& Light,
4
ft•'>>•>;,; ft
$2-'class A
Electric
8-31
31c
—ft
England Tel. & Tel.
50c
38^31
>.
,25c
common
Ltd.,
:
Standard
9-11
$1.25
_
ft
common
Accident Ins.
Quarterly
Nestle-Le
Co.,
9-11 ft
25c
___
Box,
(irregular)
Natl.
National
Corp.,
(quar.)
Folding
A 8-31
9-15
$1V2
:
Columbia—
shares (irregular)
Discount
9-11
F-23
Mortgage Bank of
National
9-10
$1.31 '/t
_________
(quar.)
Co.; common
5% preferred (quar.)
Mock, Judson, Voehringer Co.
5%
9-1
1
25c
(quar.)
common
Utilities
American
8-27
9-15
J2'/2c
>
Mines—
quar.)
Co.,
9-10
10-
Refin. & Molasses Co.—
Gold
_.
8-23
10-
7-15
9-30
-
;
Co.
Lake
preferred
preferred
5'/4%
8-23
37yzc
8-20
25c
Co.
Mergenthaler Linotype Co.
Metropolitan Edison, $6 preferred
9-15
9-25
9-15
10c
Co,
Kaiser
preferred-(accum.)
(Reduced
8-25
5
1
1
1
(irreg.)
Missouri
9-10
10-
9-
>35c
Investers.
9-
9-27
9-10
9-15
t$lJ/a
9-15
8-19
9-10
1
50c
-.
t55y2c
10-15
9-10
1ft
5c
Minneapolis Gas Lt., $5 partic. units (quar.)
1
.ft
1
9-
Exploration
8-31
1
10-
15c
ft 8-31
9-
10,10-
T25c
9-10
11-
8-28
$l'/8
9-10
15C
9-18
9-15
9-15
20c
ft
15c
1
1
1
25c
12y2C
$1.50
(quar.)_
ft
Meyer (H. H.) Packing Co., 6y2% pfd. (quar.)
Minneapolis Brewing Cq. (irregular)
Railway Co.—
preferred
7%
McKenzie
8-
9-10
9-14
10-
10-
87V2c
.
Paper, Ltd.
McCahan (W. J.) Sugar
Merck
9-15
(quar.)
(irregular)
Agricultural
May-McEwen,
Merchants
5C
(accum.) lft__
„ftftftft
7%
Maui
9-16
$2
10- 1
25c
Co.
Electric
Master
9-13
$1
Co.
\EIectrographic Corp.-
C.)
Massachusetts
1
10-
1
70c
25c
Ltd., 6% preference (quar.)
9-30
■
9-3
9-
9- 1
25c
(irregular)____
Corp.
Natl.
___i__^__ftft
preferred
Auto-Lite
9-
Co.—
ft___
Eastern Massachusetts Stfeet
684
9-10
$lJ/2
Nemours'&
(interim).
Corp.
1
60c
$4y2,preferred, (quar,). __"ft'ftftft________
>
roq
,20c
9-
•t $ 13/4
(quar.),
I.)
9-15
+$iy4
ft
Bradstreet,_common
Pont
9-15
5c
ft'
Ltd.-_ft_—
Co.
$0 preferred
10-
37 V2C
________
ft::Dominion Textile), common
7% ' preferred (quar.)ft
682
588
7
$iy4
(quar.)
Doehler Die Casting
Doernbecher Mfg. ftftCo.;ftftft_ftft______
Dominion
9-
8-31
1
/-•'•-.--.(■ft
Stores Corpft .'.common ••"(quar.)
preferred (quar) ft_ftftftft—■
Corp.-Seagrame, Ltd., com. (quar.)
'M pfd. (quar.)
(payable in U.S. funds
6 %
ft. ft 8-16
25c
(s-a)__
(quar.)__
Aliny Chemical, common (quar.)__
B ftquar.)ft:ftftftift,ftftiftftftftftft-ftfti_^__^ftft-
Class
8-18
9-10
ft.
Dewey &
.
Marven's
$3V2
j-
Co.
Oil
$iy4
(quar.),
pfd.
Co.
RR.
8-27
62VaC
(quar.)
conv.
9-15
ftft 9- 4
1
9-15
9-15
_____________
preferred
(R.
10- I
:
prior
Material
Mahon
1
10-
_
7%
Line
Maracaibo
9-22
9-3
.
8-27
9-10
9-17
9-3
1
____________
Car
10-
1
6
$l'/2
________
9ft V
1010-
Kinney Mfg. Co., $6 non-cum. pfd. (quar.)
$l>/2
Koppers Co., 6% preferred (quar.)ft: ft $i>/2
Koppity-Melchers (irregular)
l»/2c
Life & Casualty Insurance Co. of Tenn.-—
ft,
Quarterly
ft
15c
Lily-Tulip Cup Corp., (quar,)
37V2c
Liggett & Myers Tobacco, 7% pfd. (quar.$1%
Lincoln Service Corp., common
(quar.)
25c
6% participating preferred (quar.),
37'/2c
Magor
1
9-10
206ftft 9-1.5 '-'fti-'-ft-' 8-31;:
..
MacLaren Power &
$1%
.____
>Corpftft (quar.)
5%:
Steel,
Delaware
9-15
Bookbinding ft
Light & Power
3
ft'
10-18
10-
.
8-23
75c
(liquidating)
8
9-
1
$1
(quar.)
common
9-20
1
9-14
common
(Lima, Ohio)
9-
9-15
10-
50C
(quar.)
Finance
1
9-2U
9-24
$iy2
(quar.)
8-25
$1;
10-
8-31
11-
25c
__—
preferred
9-10
$l'/4
.
&
1
8-31
8-31
8-31
50c
preferred
9-15
Rivet
preferred
Crucible
...
2ac
1
10-
..
$1.06'/4
Liquid Carbonic, common (quar.)
4Vz % preferred A (quar.)
Crown ftZellerbach
587
35c
$1%
8-31
1
9-L5
J5c
(s-a)
9-
9-3
1\
10-
10c
Mfg.
6%
10-
$l'/4
9-20
5%
681,
pfd.
9-
9-3
60c
"Shaftft:ftlftftft'ftftftftftft__-ft__^
Continental-Steel
.
10- 1
Supply, common (increased)
(quar.)
Joy Manufacturing Co.
Kansas City Power &
Light—ft
$6 preferred B (quar.)
Kellogg Co.
Keystone Public Service, $2.80 pfd. (quar.)
10-
$1.50
—
7,% preferred (quar.) ft ___'__
Copperweld Steel, common (quar.)
584.
681
295
295
8-31
____T__ft__ft xlV'4%
(quar.)
Laughlin Steel, common
9-30
Columbia
.
10- 1
preferred
9-
Connecticut
J1565
8-31
xl3/4%
__^i_
50c
9-3
5%
196
584;
8-31
1
ift
9-27
Clark
'
1
10-
xl'/4%
9-27
Clark
-
10-
(quar.)
$1%
$iy2
Mines
17c
__
common
preferred A
50c
1_
ft
x$l3/4
Sulphur
7%
$38c
ft
__
(quar.)
5%
(quar.)
(irreg.l
(quar.)
com.
(quar.)
Jones
$2
common
(irreg.)
(quar.)
7-26
$$iy2
—
Co., Ltd.
50c
8-12
(quar.)
Weather
9-15
9-10
8-14
8-25
ft
8-20
$l»/2c
7-30
•|10c
?$1 5
i$i V2
.
*
8-27
9-1
9-15
Johns-Manville Corp.,
&
9-30
$1
9-27
9-20
8-14
8-27
10-15
$1
50c
1
9-30
30c
$1.25
+
9-
8-23
ft
$37V2c
8-21
3
8-20
9-10
______
Coke
D
7
tlOc
(quar.)
Co.," 7%
Jewel Tea Co., common (quar.)
4,/4% preferred
(quar.)
8-25
1
9-30
9-30
1
Co..
Lake
8-31
(quar.)
Machinery
Mills
E.)
9-
Assn.—
9-
9-10
$iy4
(accum.)
_ftft+
(quar.)
397
?24C0
Jefferson
(C.
9-15
9-18
10-12
9-15
$1
IVo
on_
.
9-1
9-10
1
8-20
1
9-30
75c
Christiana
583
'
,
.
4
9-
9-
10-15
Service, Ltd.,
preference
'(Jamieson
9-
9-15
t20c
preference C
cum,
#-15
8-14
9-15
com.__
25c
Chicago
583
■
ft; ftft 5%
5%
9-22 "•
$2>/2
(quar)
.
Chicago Flexible
K0,
> ,588
8-31
8-25
1
(interim)
A,(quar.)_
preference B (quar.)
cum.
8-20
Ltd.,
Chesebrough; Mfg. ft (quqr.)
:-Extra ft__ftftftft
Commercial
...
8-20
9-15
10c
Public
8-20
8-20
9-
preferred
ft" 7%
9-
Machine
7%
1
1
10-
.
Chesapeake & Ohio Ry. (quar.)
583
ft.'
6
1
9-15
50c
:
(quar.).".
Patricia
Chamberlain
582
.
Irving
10-
—
Colonial
.,-
9-10
99-
;• $75c
Harvester
Hosiery
7
9-3
15c
(quar.)
1
25c
8
8-21
9-
ft
30c
: 62 J/2c
:
ord.
Powders;
&
1
9-27
35c
pfd. ' (accum.)
(quar.)
$1
(15c
Central Ohio Lt. & Power Co., $6 pfd. (quar.)
Central Ohio Steel ft Products
678
-
10-
9-
3
15c
________
Corp. of Philadelphia
(John) Shoe, 6% preferred
25c
(quar.) ft
Ltdftcommon (quar.)
Maine Power Co.,
$6 ft. preferred
5% preferred
582 f
490
582
1
1
26
:
9-
ft-.--f
Investment
1
9-28
14c
___"
partic.-preferred
cum.,
$1.50
;
677
490
00
7 '% ,preferred stock—-—-—Oct
Co., preferred stock——
—Oct
this issue,
9-15
9-
9-17
3%
Bronze
9-1
9-15
9-30
50c
•
6%' preference (s^a)
9-25
ft
pfd.
class B preferred
7%
.
t
gold debentures extended at 5%. to 1947-—Nov
Warner Co., 1st mtge. 6 % bonds. •_-_--__---.--+-------Aug
Warren Bros. Co.—
.ft
Collateral trust 4V2% bonds, series A. due 1956-:
Sep
Whitaker Paper Co.,
6%
Central
6%
(Canada)
9-30
ft
Co.
Tobbacco
International
__ft
Tel. & Tel.
Del.,
9-14
ft
Carthage Mills,ftTnc.ft COrhmon increased)
6% .class A preferred (quar.)-
■
du
.
ft
Co.,
bfd.-- (quar.)
conv.
Carolina
490
+2453
.
15-yr. 7%
.
■
of
7-27
9-
50c
'
(monthly)
Refining Co.
Co;
9-13
9-15
25c
'
7-15
9-
*
& Power
&
Bros,
6%
2
F.)—
(irregular)
8-20
(irregular)
preferred (quar.)
$1.50
Co.
Indianapolis Public. Welfare Loan
$1.75
6% preferred (quar.)
Capital Wire Cloth & Mfg.—
581
■
Imperial
8-
87'/2C
(S.
9-15
ft-20c
Crushed Stone
.
Oil
9-20
Canadian West. Nat. Gas Lt. & Pow. Co. Ltd.—
eo,
1
Humble
Hunt
$1
$50
_.j
Houston Light
ft.
9-15
1
50c
Co.
9-20
9-15
1
10-
$1.50
Quarterly
Hoover
A: ;"''U-'-w'ft
1
10-
$l»ft
'.
:..ft,'v
Home Fire & Marine Insurance
1
10-
40c
50c
________________
9-15
$4y2
$l'ft
ft
_____
(liquidating)
37y2c
(quar.)
(irregular)
Cement
Canada
580
580
676
.
•••
Co.
& Mfg.
Mfg. Co. ___*
Canadian Cottons,
488
,
.
1941
ft—
(quar.)
Oil
10-1
$1.25
8*
8-23
Co., Ltd.—
9-10
Line
9-
25c
Sugar
9-30
Co.^____ftftftftftftftftlftftft_fti____
Campe Corp.
™
,
'
dated
preferred
Helvetia
9-15
;
Air
9-15
9-28
(quar.)
&
10-
Belmont_Radio Corpft (quari) ftft
___
Pennsylvania-Central Airlines Corp., $1.25-conv. pfd. stk. Sep
6
Pennsylvania, Ohio & Detroit RR.—
ft
•"
1st & ref. mtge, 4V2% bonds, series A, due 1977
Oct 1
Pennsylvania Water & Power Co.—
•
■
■
.
Ref. mtge. & collat. trust 3y4-% bonds, due 1964
Sep 1
postal Service Bldg. Corp.—
,
Bait Par. Post Sta. leasehold mtge. 5V2 % bds, due 49 Sep
1
Provincial Lt., Heat & Pow. Co., Ltd., 1st mtge. 5% bonds.Sep
1
Purity Bakeries Corp., 5% debentures, due 1948—
Sep 8
Republic Steel Corp.—
•
ft Purchase money 1st mtge, conv. 5y2s, due 1954—-—Nov
1
Rochester Gas & Elec. Corp.,. series C preferred stock„Sep
1
ft
Series D preferred stock
—
—Sep ,1
Roman Catholic Episcopal Corp., of Ottawa.—
'"«•
i
4% bonds, due 1936-1955—Sep
1
Schenley Distillers Corp., 10-yr. 4% deb,, due 1952—--Sep
1
Shawinigan Water & Power Co.,-1st . mtge. &-collat. _>
f
trust sinking fund 4% bonds, series F, due 1961—Oct , 1
Shell Union Oil Corp., 1% serial notes, due Jan. 15,-1944 Sep?. 1
South. Calif. Gas Co., 1st mtge. 3'A % bonds, due 1970
Oct
1
Southwestern States Telephone Co., 1st 6s, due 1948—Sep
1
f
1st 6s, series B, due 1949 ——--—-Dec
1
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956_Sep 17
Union Investment Co., 5% conv. debentures, due 1946—Sep 15
United Corporations. Ltd.—
ft
5 y2 % income bonds, series A, due 1953
—------Aug 25
United Drug Co., 25-yr. 5% gold bds., due Mar. 15, 1953_Sep 15
United States Plywood Corp;, $1.50 cum. preferred stock.Sep
1
University of Illinois Medical", Dental & Pharmacy Bldg.—
bonds,
Charlotte
1
50c
$25c
ft-'
;
15c
(quar.)
9-
___________
Cos.
't30C;
common
preferred (quar.)
&
■
1
9-1
1
-.
Quarterly
Inter-City Baking,. Ltd.
i
9-
1
(increased)--
10- 1
_ft.—.ftftft
9-30
2J/2c
25c
Works (quar>)
Corp., Ltd. (quar.)
9-15
10-
.
100%
ftftft-';
3
9-30
;
5c
(irregular)
ft—___ftftft
9-
$l>/a'
Commercial
Quarterly Ilazeltine Corp..
Honolulu Plantation
1
3
9-15
(quar.)__+__ft ..ft
$1.50
(quar.)
.ft.
Metal
Belknap Hardware
673.
*
.
Haverty Furniture
9-10
•'
8-28
9-
5c
(quar.)
-
(quar.)
Y.)
$1.75
;_
Co.,
Y.)
(quar.)
9-15
10-
(N.
Co. lirreg.)
9-10
'•'•'ft
$1%
,
Loan Society (irregular)
Harbor; Malleable Industries; (irreg.)
Bow-Bilt Bondholders, class A (accum.)
ft Breeze Corp. .;ftft_—.-^,ft_
+ft-ft
Brewing Corp of America ftftft_—__________
Brooklyn Telegraph
Messenger (quar.)
579
291
579.
579*
394
preferred
Hawaiian
8
,
25c
8-28
9-15
10-
Corp., $6 pfd. (accum.)
Oil Corp.
(James) Co., common (quar.)
1
*.-4.*..,
15%
9-15
9-18
t$llft
1
10-15
15%
.___
Light Co., $6 pfd.
Investment
10-
$2.25
1
11-
•
9-27
25C
(quar.)-
Beech-.Nut .'Packing
.
578
673
dated 1936
Nuloft Bldg. Co., Inc., 1st mtge. 6 % bond ctf s.__
Oct 15
Oswego Falls Corp., 1st mtge. 4J/a% bonds, due 1952__Sep
1
Pacific Portland Cement Co., 6%% preferred stock —Sep 15
Pacific Western Oil Corp., 3y2% debs, due 1949—
Aug 27
Parr Shoals Power Co., 1st mtge. 5% bonds, due 1952._Oct
1
bonds,
11-15
20c
(quar.)
Canada
1
Nov 15
.
Revenue
$l»/4
,
6%' preferred; (quar.),!
•
1st mtge.
;
.9-15
9-18
$15c
(interim)
ft
9-, 1
Foundry Co.
dividend
Asbestos
Corp.—
Natl.
6%
&
Equipment Corp.
Stock
6%
V
Inc.,
preferred
Butler
„
7%
9-11
Co.
Arkansas Power &
578
6
3
Norwell,
Stores
1% preferred (quar.)
Applied Arts Corp.
6%
•
1
10
>—
1
9-13
'.8-27
ft
i'$1.37
Valley Brewing
Harbauer
1
10-
—
87
—
9-
50c
Anglo-Iranian Oil, .ordinary regis, (final)
Amer. deposit rets, for ord.
regis, (final)
Apex Electrical Mfg., common
*2349
10-yr. 3ya% <Jonv. debentures
9-15
9-15
15c
___:
preferred (quar.)
Hanley
1
12y2C
Ry. (s-a)
Automatic Fire Alarm; (irregular)
__ft
Bangor Hydro-Electric Co., 7% pfd. (quar.)
578
1
National Distillers Products
9-15
Beneficial
1
1
1
14
16
1
9-
Benton
1
,
9-1
15c
Export Lines, common
preferred (quar.)
American Tel. & Tel.
487
Kentucky Hotel Inc., 6% gold bonds —
Oct
Key West Electric Co., 1st mtge. 5s, due 1956
Sep
Koppers Co.—
•
,
■4
1st mtge. & Collat. trust 3JA % bonds due 1961——Sep
Lehigh Coal & Navigation Co., 4% fund. & impt. bonds_.Jan
Lexington Water Power Co.,. 5 »/2% cony. deb. due 1953 Sep
?
1st mtge. 5% gold bonds,-due 1968—ft
Sep
Mengel Co.y 1st mtge. ft 4 y2 % conv. bonds —.ft.——
Sep
9-15
8-27
9-30
ftftftft;.
_______
common
No.
9-15
9-15
2J/2c
:
Mountain Pow.
9-30
9-15
J25c
________________
(N.
Co.,
Group
9-11
American
671ft
577
•
(B..F.)
Green
$l'/2
7
10-.1
J25c
(quar.)
1
$i»/4
4
9-
9-30
ft;-' -ft.
preferred
Securities
Goodrich
9-11
••.
5!/2%
$iy4:
';
$5
1
1
American Machine
.576
1
secured gold bonds,, series A, due 1953—-——Sep
Kankakee Water Co., 1st mtge. 4'As, ser. A, due 1959—Sep
)
■
(quar,)
9-
9-15
35c
(quar.)
Insurance
9-
1
5%
1
Falls
10-
10-
Atlanta
—Sep
—
9-15
10-
485
390
>
Power,
$5
4
9-15
30c
.
(quar.)
Ltd.
9-11
9-
60c
ft
__
ft;
(quar.)
8-16
9-15
15c
__ft_
Corp.
Wares
Grand
15c
289
Light Co., 1st- mtge. 4Vas, ser. A, due 1958_Sep
nitge. 6s, due 1945—.
Power &
Islands Edison Co.—
10-15
50c
B
Associates
672'
Reinsurance
Steel
7°
15c
5%
,
Iowa
$i.06y4
American
.483.;;
Co.—
Power
1st Si ref.
9-
Cyanamid, class A (quar.)_
(quar.) ft——_ft_
5%-preferred (quar.)
*-ft
General
4
Class
—
mtge; 6s, series. A, due 1963
Oct
Inspiration Consolidated Copper; Co., 1st mtge. conv.,4%
bonds, due 1952
Oct
International Paper Co.—
-4
Ref* mtge. 6% bonds, series. A, due 1955—--:—;—Sep
Interstate Bakeries Corp.-Schulze Baking Co,—
i."'
9-30
9-
1
25c
(quar.)
—
General
9-15
American
.
...
1
25c
Cigarette •& Cigar, common
;6% preferred (quar.)
American Colortype Co, (Nft J.)
,
-
10-
10-
Canada, class A (quar.)
$6 preferred
9-15
ft,
37VaC
62>ftc
preferred (quar.)
preferred (quar.)
5%
Glens
$2
American
.
5s, due' 1965
__
Sep
1
Elgin, Joliet & Eastern Ry. 1st mtge. 3'A % bonds, series
A, due 1970
—Sep
1
Federal Screw Works, 1st mtge. 5s, due 1949•-_<
Sep
l
Froedtert Grain & Malting Co., Inc., preferred stock—Nov
1
General Steel Castings Corp.—
>
1st' mtge. 5'/2% bonds, ser.. A, due 1949—————Aug 30
G. H. R. Foundry Co., 4% debentures, due 1950
—Oct
1
Glatfelter (P. H.) Co., 1st mtge. 4VaS, dated 1935——-Sep
1
Gulf, Mobile & Northern RR.r 1st mtge. bonds, ser. B St C Oct
1
Hamilton Cotton Co., Ltd.— •
>'
.
.
•
•
1st mtge. & collateral trust 4¥2% bonds, due 1950
Nov 1
Hartford Electric Light Co., 3y4 % debentures, due 1971-Sep
1
of
'
■
.
—
preferred
75C
1
15c
B
Goodall
,
8-31
9-
(quar.)
5V2%
—
Quarterly : ■—ftllftftft_ft'
Alexander"?& Baldwin, Ltd. (irregular)
Allis-Chalmers* Mfg. Co. 1
American Air Lines, $4'A conv. pfd.
(quar.)
American Chain & Cable, common
.
.
Motor
Georgia
Agricultural Insurance (Watertown, N. Y.}
8-31
9-10
'ft;,
(s-a)___.
Gatineau Power, common
Industrial; and, Miscellaneous Companies
.
9-22
50c
Franklin County Distilling—
60c convertible preferred (quar.)
12-10
9-15
1
9-15
80e
(quar.)
Extra
9-10
40c
Corp.
(quar.)
Frankenmuth Brewing
12-21
40c
.
.
10-
J25c
.
35c
Class
\
—
,
Ford
•
—
9.22
Extra
9-23
,
Stock
Stores, common
$2V2 preferred (quar.)
8-31
$$1
First Natl. Bk. & Trust Co. (Oklahoma
City)—
1
Machinery Corp.
9-15
10-1
f
1
56V4C.
(S. F.)
Fair
50c
———>
Quarterly,,
Food
40c
.Quarterly
__
o/Reo.
Food
(quar.)
io-
________
Bank
1
9-22
$3.)/,
(quar.)
First
8-30
9-
10-1
(quar.)
Indemnity
8-31
4
9-10
35c
(quar.)
Holders
Y.)—
(Montreal) (quar.)
Denver National Bank (Colo.)
(quar.) i-—_
First
Natl. Bank
(Cincinnati, O.)
(quar.)
B,
B
Firemen's Fund
When
—
(quar.)__
______
Class
share
(Rochester. N.
Gregg
9-
$1
Farmer Candy Stores (quar.)
Finance Corp of Amer., class A (quar.)
Fer
—
&
(accum.)
(quar.)
Pittsburgh RR. gtd.
Coe
8-31
9-14
15c
Fanny
are:
-
Crown Trust Co.
t2008
156
&
8-31
62 Vac
(quar.)
9-14
(irregular)
class A
non-cum.
Faber,
Name of Company
' />
ser.
Erie
Bank and Trust Companies
"", >
dated 1933_Sep
1
635
Beatrice Creamery Co., $5 preferred stock
—Oct.
1
288
Binghamton Gas Works, gen. mtge. 5 % 50-yr. gold bonds Oct
1
*
Broad River Power Co.,—
'
i
1st &'Ref. mtge. 5 % bonds, ser. A, due 1954
Sep
1
543
Canadian Breweries, Ltd., 5Ys %, 5 % and 4 Va % debs.—Sep 15 'ft.?
288
Canadian Pacific Ry.—
• —
20-yr. 4'/a% collateral trust bonds, due 1946™——Sep
1
83.
Carolina, Clinchfield & Ohio Ry., 1st 4s, ser. A. due 1965_Sep
1
288
Celotex Corp., 10-yr. 4VnVo debentures due .1947——:
Aug 30
544 ft
Charleston Transit Co., gen. mtge. & adj. bonds & ctfs.-Sep
1
ft;ft 667
Chesapeake & Ohio Ry. series A preference stock——Oct cl
386
{ Ref. & improv. mtge. 0.85% bonds, ser. G-3, due 1944_Sep 20
.••ftft.v***/
Chicago, Burlington & Quincy RR., Illinois Division—
Mtge. 3Ya % and 4% bonds, due 1949
——:_+_Aug 25
667 ;..
Chicago & Wester^ Indiana RR. Co,—•
/
. —
•
. . .
Jst .& ref. mtge. 4V4% series D bonds, due 1962
Sep
1 . .. $2146
Cleveland Cloth Mills Co., preferred stock
Aug 31
288 ;':
Colon Development Co., Ltd., 6% red. conv. pref. stock.Aug 25
483
Colorado Milling & Elevator Co., 5% conv. debs., due '68 Oct 15
Columbus & Southern Ohio Elec. Co., 1st 3Vis, due 1970_Sep
1
,v. *
Connecticut Light St Power Co.—
20-yr. 3V2%.debentures due 1956-..
Sep. 1
573
Consolidated Cigar Corp., 6J/2% prior preferred stock...Sep
1
573
Consolidated Edison Co. of N, Y., Inc., 3 V* % debs, due '46 Oct
1
*
Consolidated Title Corp.—
\ Collateral trust 6% income bonds, due 1951
—Sep
1
668
Consumers Co. of Illinois, 1st mtge. 5s due 1956
Sep
1
573
Cudahy Packing Co., 1st mtge. 3%s, series A, due l955_Sep
1
484
Danville Traction & Power Co., 1st mtge. 5s, due 1951—Sep
6
289
Deep Rock Oil Corp., 12-yr.. 6% debentures due 1952—Sep
1
388.
Denver Tramway Corp.—
i
Gen. St reference mortgage bonds, series A, due 1950—Oct
1
Dominion Gas & JEle^tric Co., 6 Va %
collateral trust
bonds, due 1945
—--—;——
Dec 15
484
Du Mont (Allen B.) Laboratories, Inc.,
Conv. 5% notes due 1949
Aug 23
389
East Tennessee & Western North Carolina RR. 1st mtge
'1st
Department" in the week when
News
1941
Power, $2'ft partic. stock
Emporium Capwell Corpft; common
7%
preferred (s-a)
:
4'ft % preferred A (quar. )
English Electric (Canada)—
$3
of Hec.
9-14
62l/ac
(quar.)
Empire
previously announced, but
Holders
Payable
20c
convertible preferred, ser.
Inc.
When
thare
common
convertible preferred
Electromaster,
second table in
a
The dividends announced this week
Co. of Delaware—
Utilities
Investment
•
guaranteed preferred stock
____—~.
Sep 22
Atchison, Topeka & Santa Fe Ry.—
,
*
•
1
California-Arizona Lines, 4Va% bonds, due 1943—
Sep
1
Atlantic Coast Line RR. of So. Carolina 1st 4s due 1948_Aug 31
Atlantic
and
542
7%
follow with
we
show the dividends
we
';>ft:-,ft-ft'>:ft;-.
<
1st mtge, 3%% bonds due 1965
American European Securities Co.,
American Lime & Stone
Then
Stores,
5%
declared.
Page
542
81
/
week.
Brothers
5%
Corporation
number gives the location in
given in the "Chronicle."
j ■ '
were
are
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
page
Company and Issue—
f
Alabama Gas Co., 1st mtge.
we
which
The date indicates the redemption or last date for mak¬
ing tenders, and the
grouped in two separate tables.
In the
bring together all the dividends announced the
current
list of corporate bonds, notes,
a
731
$6
{.
York Bank Trust Shares
(irregular)
__
732
THE COMMERCIAL
•
York
City
Omnibus
Share
(irregular)
preferred
Electric
$iy2
$1%
(quar.)
•
9-15
9-15 ■/
First Natl.
8-20
9-10
8-31
Monthly
$$iy4
25c
10- 1
9-30
$1.50
75c
—
9-10
9-14
Extra
75c
.
•
.
,
9-15
10- 1
10- 1
414% preferred (quar.)
$1.0614
10- 1
Philco Corp. (irregular)
20c -1; 9-13
Photo Engravers & Electrotypers (reduced) __
$25c
10- 1
Pilgrim Exploration Co. ___10c
9-13
Pittsburgh Brewing, $314 preferred (accum.)
$1
9-10
Pittsburgh Forginsg
25c
9-25
Powdrell & Alexander, Inc.
15c
9-15
8-31
9-15
9-10
9-10
8-28
9-15
8-31
8-24
9-15
9- 1
20c
9-17
Public Service Corp.. of N. J., com.
(quar.)
V;/ 25c
9-30
$5 preferred ,(quar.)4—'
9-30
6% preferred (monthly)
;77 50c
.
10-15
7% preferred (quar.)
________
$1%
9-30
Raybestos-Manhattan, Inc.
3714c
9-15
Rice Ranch Oil Co;
1°
3
9- 3
8-31
series A
50c
(accum.)
Pennsylvania Power & Lt. Co., $5 pfd. (quar.),
$6
preferred
$1.25
$1.50
$1.75
(quar,)
$7 preferred
(quar.)
—
Pennsylvania Salt Mfg.
—
$l'/2
Perfect Circle (quar.),i_______;-__-_~lw;:_*-_\:/.;50c
Pet Milk, common (quar.) ___——,
25c
—__
Accident
Preferred
(quar.)—
Co.
Insurance
v
Robertson
(H. H.)
$214
Schiff
Co.,
514%
(quar.)
common
(quar.)
Corp. Class A (quar.)
Class
B
J
'
Simmons-Boardman
$3
preferred
,
Publishing—
(quar.)
Pacific
Staley
Mfg. Co.,' $5 pfd. (quar.)__
Oil Co. (Ohio)
common; (quar.) __
Standard
5%
Co.
preferred
(quar.)
Stoker
Standard
Co.
■
Stedman
Brothers, Ltd.,
preferred (quar.)
6%
Sundstrand
Machine
Increased
Quarterly
Beau
12-28
10-15
10-14
k;
10-15
9-30
1
7-31
(ord.)
Ore.)
9-
8-23
Bethlehem
Bigelow-Sanford
$2
1-3-44
10-
$1%
9-20
Orleans)
(quar.)
75c
10- 1
75c
1-3
12-20
tl5c
t75c
10- 1
10- 1
9-10
;»——
.
Industrial and Miscellaneous
Extra
class
Co.
Tacony-Palmyra
(James)
514%
(quar.)
30c
p^d.
10- 1
•
9-15
;
10c
preferred
(quar.)
—...
Inc.
Texas
Company
Oil
& Land
Time,
Inc.
Elevators,
10-
50c
(quar.)
Texon
11- 1
10- 1
10-
9-
50c
pfd. ,(quar.)_.—$6514c
9-10
9- 7
9- 3
8-24
—
Toronto
514%
Troy Sunshade Co,
Trustee
Standard
Class
B
5%
ii
50c
(quar.)
Oil
Twentieth
77
(irregular)
$414 prior preferred (initial)
$114
convertible
Class
Allied
United
Aircraft
Products
S.
Envelope Co.,
7%
U.
preferred
S.
Tobacco
7%
(s-a)
common
(s-a)
Co.,
(s-a)
com,
$40c
—,
5%
Alpha
$314
4%%
6%
Electric
1
.
$114
',
Power
Lothrop,
preferred (quar.)
7%
Woolworth ,(F.
W.)
9-30
V
(quar.)..*,.
common
Truck
Class B
preferred
& Coach
(quar.)
&
American
82.75
■
7%
American
8-16
American
10-31
10-15
9- 1
8-18
9-15
9-
$114
9-15
9- 3
25c ■<; 10- 1,
.
3
9-17
25c
...
10-
1
9-17
$1.75
_____
...
7- 7
$114
______
(irregular)
8-21
10-
1
9-17
the dividends announced, in previoui
4%%
$2.50
(irreg.)
A
preferred
!.
$3
&
dends
paid.
this
announced
preceding table.
The list does not include divi¬
week, these being given in the
;77.7
-
9-
..
15c
.
10- 1
9-1
.
7%
pfd;
A
Felt,
1
6%
Metal
preferred
American
9-16
12-
Trust
Companies
,■
Name of Company
Agricultural Nat'I.
Quarterly
(Chi.)
(quar.)
Co.
Montreal
Bank
of
Nova
Fran,)
;V i2(4c
9- l K
£
40c
(quar.)
W
-
10-
•50c
Quarterly
(quar.)
Scotia
;'K
^
50c
(quar.)
10-15
10-
8
10-14
1
9-15
$$2J/2
9-
$$iy2
_
9-
(Montreal)—
—_______________
___
40c
9-25
:
8-.31
(Collingswood, N. J.)
-4.
8-14
1
8-14
•
9-
1
50c
9-
Ltd.,
common__i___—
7%
(accum.)
•>'
5c
1
7-13
$1%
$1%
preferred
____________
(qhar.)
;
Smelting & Refining, common™,
Steel
Sugar Refining, 7%
Foundries
(quar.)__
pfd.
Class
"
;
'
.
__:
.
I
•.
9-20*
Drovers
National
Bank
(Chicago)
Quarterly
(quar.)__ ;7 $1V4
10-1
$1(4
1-3-44
_________—.
Quarterly
(Cinn.)
_______
(quar.)
.
$1
$1
—
10-
1
1-1-44
9-30
12-31
;
9-24
8-
8%
Co., $3 preferred (quar.)
Co., common (interim)
4%> convertible preferredJ (quar.)——Armour Co. (Del.)
7% preferred
■
12-44
5%
First
(quar.)
preferred
Natl.
Bk.
.
(quar.)
&
Trust
Co.
Quarterly
First
First
N-*V1
N->tl.
Bk.
Quarterly
^Maiden,
11- 1
11-
1
10-20
.10-20
(Macon, Ga.) —
—
B-nk
25c
3114c
_—.——
Mass.)
(Msmphis,
Tenn.)
—i—-
20c
11- 1
10-31
$1(4
10-15
10-
(Quar.)
$3
$3
(quar.)__
$2
-—1
5%
10-
1
N^tiorml
Bank
Fhst
Natl.
Bank
First
Nat'I
Eank
Fo»-*h
of
Pittsburgh
1
9-25
1-1-43
12-26
(Scranton,
Pa.)
20c
1011-
1
9-30
Associated
2nd
Dry
Common
9-15
6%
1st pfd.
9-1
Atlantic
Atlas
Light, 6%
(quar.)
10-15
9-30
Nn*'i-B8nk (Wiehfta, Kan.) (quar.)_
$1V2
$lVa
9-15
9-15
Atlas
Powder
12-15
12-15
Atlas
Tack
6%
preferred
(irregular)
B
common
(quar.)
Diesel Engine
Co.
Corp
__i._i._a_
(irregular)
a
9-15
8-20
9-
1
1
;8-21*
8-26
8-27
8-17
20c
9-
1
8-16
9-
1
8-16
8-12
79-
8-
$7
8-16
8-16
9-
7-30
10-
9-20*
10-
9-20*
15c
9-1
8-
5
1
8-
5
$1%
9-15
9-
1
$1.7573
9-1
8-17
$20q
9-
8-14
$50c
9-15
8-16
$50c
9-15
7/ 8-16
______
37VaC
v.
______
_____
'7
;
9-
'•, 15C
<„
9-
$ 15c
preferred (quar.)
5% par tic. pfd. (quar.)
pfd.
8-26
7 9- 1
7 9-20
10-25
,9s
9-20
1
>
9-15
$$1%.
7
7 8-31
$$iy4
9-
1
$85c
10-
1
(quar.)
8-16
8-31
9-15
9-15
$25c
______
conv.
9
9-15
____________
i,>
1
10-15
Forgings, class A (quar.);; $37'/2c
7% pfd. (quar.)__
$$1%
Power,
$$1.30
—_______
r
8-31
7-31
8-16
Arkansas
10-
1
9-15
10-1
79-15
10-30
9-30
10-30
9-30
;
$$1%
...
.
10-15
9-15
-
;$50c *'
______
1
78-
2
9-15
9-
4
9,
$1.50
/
0-30
9-20
1
8-16
25C
Service
9-
I
$1
!___
9-
50c
___.
(quar.)____
9-
1
8-16
8-31
8-14
50C
8-16
Corp.—
$1.75
;
40C
f
'$iy4
:$iy8
$6
$6
(irregular)
Utilities, $6 prior pfd.
7;
i5c
1
8-16
9-17
I' 9- 7
9-
9-
17
10-1
'
8-17
9-20
9-15
8-20
9-15
8-20
10-
1
9-20
$iy2
9-20
$iy2
9-20
$i%
9-20
<
$1%
9-20
8-31
(quar..
$i%
9-
1
8-20
_
preferred
_____
-
Ribbon Mills, 7% pfd.
Aircraft Co. j.—______
Belt
8-16
$$2 •;
(accumlated)
Co.
Paper
1
1
$1
Public
1
9-
1
9-
$$iy4
$ $ 1 y4
^.
common
Corpt
10-
10-
$50c
(accumulated)—
Tractor
11-1
$$2
$25c
Ltd.
Co.,
____________________
.
Oil,
prior
Chain-
3
9'
79-
3iy4c
________
(quar.)
(quar.)
Co,
8-31
8-31
7:
8-31
$i
9-25
8-31
2&C
—z—
$1V2 convertible preferred
.
Champion
Paper & Fibre,
8-25
8-10
1
.,6%
9-30
9-20
9-15
8-31
1
Chesapeake & Ohio Rwy.,
9-
9-20
Chestnut
9-15
9.-14
preferred (accum.)
Rwy.—
5%
preferred
(accumulated)™-________
Chicago Mail Order, common (irregular) ____
Irregular —_____
;—
9-
1
1
8-13
9-
1
Corp.t
(quar.)
1
9-15
$1
1
9-
4
75c
$3
10-
75c
—
7-30
.
Mill & Lumber
!
—
Molded Products (irregular) ______
Yellow Cab
__—
Chickasha Cotton Oil Co. (quar.)_—
9-15
1
10-
9-
1
8-15
9-30
9-16
8-20
Chicago Great Western
8-13
9-
Chicago
RR.
25c
$1%
..
4% preferred A__
9-30
Hill
3714 c
(quar.)_
common—_—__
(quar.)________________—
preferred
9-
Chicago
62y2c
15c
7
9-10
8-20
15c
12-10
11-20
30c
9-30
9-15
Chicago
62V2c
9-15
9-10
' 9-1
9-18
75c
9-10
8-31
30c
8-31
8-16
8-20
..
8-14
8-14
9-
1
.
10c
8-25
8-16
Chicago
11-1
25c
20c
Co.
9-20
83y3C
quar.)
(quar.)
(quar.)
(interim)1.
preferred
Cessna
8-16
1"
75c
preferred
9-
___________
9-30
10-
8-13
9-15
$10C
(quar.)
Cable, class A (quar.)- ">: ;$$i:
&
Products
.Century
8-16
9-1
9-30
$1%.
9-15
10-1
2c
(initial
preferred
preferred
shares
Accumulated
V
'
6
Chain Store Products—
25c
common
Atlas Imperial
,
9
$1V2
$1%
______________
(quar.)
Rayon Corp., $2.50 prior pref. (quar.)
Refining Co. (increased)
Corp.,
'!
8-20
$iv2
(quar.)
8-20
8-
1
25C
:
________
10c
(quar.)__
8-14
9-
50c
(quar.)
Accumulated
9-22
9-
8-31
9-71
$10c
$1(4
common
_—_______
Gas
1
' $1
Atchison, Topeka & Santa Fe Ry. Co.—
Atlanta
10-11
(Quarterly)
Goods,
preferred
$2(4
Cal.)
8-
1
1
$1.25
$ 10c
&
(quar.)—
(Stockton,
9-1
9- 1;
; 10c
$1.75
8-16
8-18
Foreign Investment Corp.—
B
Central
75c
$20c
•
___^_
Oil
Refining,
preferred (quar.)
Atlantic
First
common
preferred
Corp." (quar.)
Extra
7%
(quar.)__
Corp.,
non-cumulative
Ashland
Fir$t Natl. Tr. & Savs. Bank of San Diego—
Common
17c
9-
■
_»
Central & South West
8-21
■*
8-31
50c
preferred
6%
8-17
25c
9-15
9-11
$1%
7%
7
9-1
<
8-31
75c
+
preferred (quar.)
X
Storage Co. (quar.
Foundry, 5% preferred (quar.i____
Central Illinois Light, 414% pfd.
(quar.)
Central Illinois Pub. Service, $6 pfd. (accum.) ,7
8-20
9-
$1,594
;
9-15
Central Cold
:
9-1
___
9-
$$iy2
______•;
Central
8-10
50c
Cork
9-15
______________
preferred
7%
8-10
9-27
Co.-
1
___—___.
9-7*
1
9-
20c
Co.!
Co.,
7%
Bakeries,
Caterpillar
8-31
9-1
9-
1
7;
preferred
preferred
Casco
6
9-1;
.
8-21
10-
•
'
.
'
(quar.)
(quar.)
Carman & Co., class B
$2 class AV(quar.)
8-15
8-
10- 2
1
75c
Industries, class A
Class
:.6%
8-25
50c
$1
Farms
Asbestos
9-15
$1%
75c
-75c
8-16
9-
Products- (quar.)
General Electric (quar
Canfield
.
8-31;
.
8-25
,
#77 25c:
preferred
15%
,
8-31
8-16
50c
50c
Canadian Internat'l. Investment Trust. Ltd.-r-
8-31
,
8-25
30c
17% ;preferred .(quar.)
12- 3
9-15,..;
'
50c
■ .J
__________
Canadian
9- 4
"9-' 1...
,
8-13
7-30
v
Canadian
9- 3
9-20 '
8-14
8-25
8-20
Food
8
12-15
.
1
16C
(quar.)
Fairbanks-Morse
3
„,.9-20
;
9-15
9-
5C
Canadian
9-17
9-
8-14
10-1
30c
(quar.)
Common
4
9-
9- 1
75c
__
_-i
Canadian
8-14*
'
50c
$15c
Inc.
Archer-Daniels-Midland
Artloom
9-25
;:7:;i;;,
B
Canadian
.
•
-
,
Mining Co.____4^_;^__—
Anheuser-Busch,
Armstrong
8-14
9-30
$iy2
Ltd.
Canadian Breweries, $3.40
;9-17';"
;
(accum.)
shares; (quar.)—
Dry Ginger Ale (quar.)
Canadian
•9-20
; 8-15
9- 1
9-10;: >9-1
8-20
9- 1">
-8-20
9-' 1 !
50c
-
—-
__________
Fifth Third Union Trust Co.
;
(quar.)
Copper
8-14
1
45c
(quar.)
participating
5%
•9-20
9-15
! $1%
(quar.)___
Co.,•'common
(quar.)
A
8-14
1
9-
50c
Vinegars, Ltd.
Class
Central
:-
(quar.)__
Anglo-Canadian Telephone—
Anaconda
$1
1
.77 50c
M.)
Canada Wire
'"8-13*
10-1
(quar., 20c
American
Tobacco
8-25
9-
Co.
Ltd.
Northern
Canada
•
Rolling Mill Co.
B
8-25
1
9-1
(quar.)
Machine
'Common
4
8-13
"75c >.'>' 9- 1
12(4c <10- 1 f-
(bi-monthly)i'-.v--—".r'.V.V30c- //;'9-,15
Radiator & Standard Sanitary—-
American
1
9-
75c
Inc.
(A.
Canada
"8-13
9- 1
^ /15c
50c;
25c
(quar.)
American
Arden
—
——_
_
1
:
—
111.
American
.Class
__
(quar.)
Natl. Bank
10-
9-
:
Rubber
&
Canada Foundries &
8-17
9-"lw
;;
&
Water,
Canada
8-25
.
9-15
Line
Brothers
Bearer
8-21
8-21v"
62(4c
of
Service,
preferred
9
9-
;62yac
Mills
Registered
11-25
9-15
.*•
$1.18%
$2 pfd.
American
10-15
7;7 $$1(47':' 9- 1
7-31
$$2(4
10- l7!7 9-15
Banque Canadienne Nationale
Annual
$2
(quar.)
Toronto
of
(San
of Reo
—
_____
Trust
of
Holdert
Payable
"
$2
Quarterly
American
7%
When
«hare
Bank (Pittsfield, Mass.)—
Bank
Citizens
;
National Bank & Tr. Co. (Mobile)
American
Bank
-ih'Per
-
...
Nat'I Bank & Trust
American
-
American
8-20
1
9-15
;
________
9-15
Paper Goods Co., -7% pfd. (quar.)
$1.75
preferred (quar.)
—__$1.75
Public
8-20
8-
9-
40c
(accum.)
Representing
the
quarterly
dividend of
$1.75 due Aug.T, 1943 and interest thereon.
Canada & Dominion Sugar (quar.)
Canada Malting Co., Ltd.—
9-11
$1.20 '
American
preferred
1
8-23
$iy2
(quar.)
convertible
Byers
8-25;
1
Co.
non-conv.
;
'•5%
■a\;.
9- 1,;
5 %
Butler
9-1
f
Die
Butler
$L40
;
Machinery
Co.
8-16
9-
$iy2
(quar.)
(interim)
Fund,
;
,
.
(quar.)
News
9
8-16
9-1
$1
Forge Co.
9-24*
9-15
$1%.
common -—•
Co.
Co.,
8-
9-3
:
9-24*
preferred
Laundry
1
1
8- 17
Mining & Concentrating
Quarterly
77: 25c
Burlington Mills Corp., common (increased)
40c
"5% preferred (quar.)
$1.25
Burroughs Adding Machine
15C
Butler (P. H.), 5% convertible
pfd. (quar.)
3iy4c
,
'
Corp.,
Investment
9-
10-
50c
;
8-16
10- 1
:•*•;:$!%
(quar.)
(quar.
1st
■
Bunker Hill & Sullivan
9-13*
i 10- 1,
10-,1
•
;
,
■—-
American
7%
and
9-18
(s-a
Manufacturing$5 prior preferred (initial)
Bullock's
'
•
Co.
Bullock
'
9-13*
'
(quar.)
&
preferred
American
Bank
8-20
1
6%
Packers,
Buffalo
8-20
9-
10- 1.
$1
share of class B
(quar.)
(quar.
Hair
1
Columbia
Silk
New
5
9-15
9-15.
(quar.)^---™-5"; ;$1V2
10- 1
$6 preferred 2nd preferred ;(quar.)„___i /t;'$l Va ('10<1;
American Hide & Leather—
''-'i '•!""»
6 %
convertible preferred
(quar.75c
9-30
American
Home
Products
Corp. (monthly)
v 20c
9- 1
American
Indemnity Co. (increased)_____^ r}/$1%
9- 1
American Insulator Corp. (quar.)
>
10c
9-30
American Insurance (Newark, N. J.) (s-a)_
25c~
10- 1
7%
,
1
10-
fe;
_____________________
Shoe
Budd
12-15
;
10-;l
General
preferred
American
8-
9-30 ;
s$2
1936)
of
Hose
Buckeye Pipe
8-31
12-31
•
$1%
(quar.)_-_
series
Woven
8-12
75c
■
preferred
American
weeks and not yet
9-
75c
3
;
•:
(interim)
j___.
Brunswick-Balke-Collender Co., common
$5 preferred
(quar.)
1
9-16*
9-15
;•
Forging & Socket Co. (resumed)
Gas
& Electric,
common
(quar.)
American
give
8-20
75C
Inc.
Bruck
9-10
10-
Tobacco,
Fund,
■,
we
1
Manufacturing Co.
Brown
Light Corp.—
Extra
Below
9-
9-
$iy4
$1.50
Co.
Brown-McLarenMfgi
:
.
8-19
9-1
4—;
Envelope Co.,
i:
12-15
— --———
div.
1/32
or
1
9-15
9-5
^
•
25c
.
Foreign Power, $6 pfd. (accum.)preferred (accum. >„_
$7
-v.! 8-16
414c
cash
&
,
4c
^*)
American &
1
9-16
8-17
•
common
Brooklyn Edison Co.
7
9-
9-10
10- 1
11- 1
_v—^.-—t-t-k-$1.75
(quar.)
(opt.
preferred
1
9-28 '77 9-16
preferred
9-
9-30
.
^
7%
Power
stock
8-31
-r
9-15
stock)
Bristol-Myers
9-17
,12-31
(irregular)
Foundry Co., com.
A
34%c*in
■
American
(quar.)
—
preferred
Cities
class
1
8-31
25c
$i%
Co., $3 preferred
(interim)
Co.
British
9-30
!
10- 1
$1%$1%
Co., common
Chicle Co.
American
6 7a
Mfg. Co., com. (irreg.),
7% preferred (quar.)
Co.,
Car
non-cum.
9-
' 50c
10-
8-17
37y2c
common
Briggs & Stratton Corp.
Bright (T, G.) 6% preferred
9-10
1
50c
■
:
(Mo.)
Shares
9-10
10-
50c
Ins,
9-15
10-1
50c
(quar.)
Can
7%
9-15
v,7: $1%9-28
±$1%
__X
E.)
(F.
Buell
(quar.)__
:
8-16
10- 1
$1(4
^
—
Business
American
9-
•
Co.
Co.,
Special
S.
U.
:
preferred
American
__________
Yellow
9-15
:
American
9-15
Co.,
prior
6%
in
common
(quar.)
Bank Note
American
15c
$$2
,
(quar.)
(payable
____——
Automobile
American
9-15
9-20
8-31
1-
,
Boyertown Burial Casket (quar.)
Brach (E. J.) & Sons (quar.)__:
Brager Eisenberg, Inc. (quar,)
9-10
9-1
$1(4
$$1(4
20c
(quar.)
(quar.)
(quar.)
Arch
American
$1%
Worthington Pump & Machinery Corp.—
414%
prior preferred (quar.)
conv.
preferred
preferred
7%
9-16
10- I t;!
v
5c
(quar.)
American
$1.50
Ltd.—
Amer. depos. rets, for ord. regis, (interim)
414%
1
9-30
1214c
$1.18%
Machinery—
(accum.)
&
10-
\ ,<10- 1
30c
(increased)
8-25
9-15
25c
20c
10-
7 $iy2
Co.,
Ins.
Boston
12-18
9-30
9-25
common
(quar.)
Manufacturers,
Common
pfd.
Canadian tax),_-__
less
Aluminum
9- 5
$114
$7 prior preferred
Woodward
9-15
__
funds
•
5%
Mfg.,, common^.....
preferred
6%
9- 5
7
Co., common....
preferred (quar.)
(1897) (quar.)
Newspaper
9-15
$$1
(quar
Boston
9-21
12-29
,,
Boss
8-20
1
10-
$1
)
Borden
;9- 8
9-
25c
25c
—
Booth
10-1
10-20
10- 1
common
Canada,
Ltd.,
Aluminium,
8-30
(quar.)—
cumulative
preferred
Wood
(quar.
of
Aluminum Industries
\\ 8-30
$1.75
West Virginia Pulp & Paper (irregular).
:
West Virginia Water Service, $6 pfd. (quar.)
Wisconsin
preferred
W.)
common
8-31
15c
$1(4
,
*
America,
Goods
8-16
;
9-15
50c
;;
__n
Exploration Co.
1
9-15
common.,
Washington Water Power, $6 pfd.
Motor Co. (quar.)
Fund
Western
9-
30c
Waukesha
___
of
Co.
Co.
8-16
43%c
8-16
pfd.
(quar.)
Ridge Corp., $3 preferred—
(Holders option—cash
or
1/32 share of
7-31
■)]
10-1
43%c
—
Co.
Cement
Portland
6%
8-25
8-25
(quar.)____
Manufacturing Co.,
preferred (quar.)
Wellington
9-15
9-15
9-1
8-16
9-
$i%
preferred
Brothers
7-31
9- 1
9- 1
50c
Mfg.
Aluminum
9-15
25c
U,;
preferred
Shoals
77c
(quar.)
Aluminum
|
(quar.)L________-
common
Corp., common
preferred (quar.)
7%
9-30
9-
9-
:
(quar.)_a^
(s-a)
9-30
Stores
Allis-Chalmers
9-15
9-1
77' 25c
:;•>• $2
___
_
common
non-cumulative
Ware
i7i.
(quar.)
._____77-.U-,~7__-
Extra
U.
A
10-
10c
37V2c
(s-a)
9-30
—_
Products,
(E.
8-31
25c
common
Fire
7-30
9-15
$1%
(quar.)__
9-15
1
:Associates—-
preferred
10-15
5c'
—
v,-;
9-15
$114
3714c
_______
' '
„
8-14
9-
$25c
(quar.)
preferred
10-15
kkk'. 3c
&
7-31
9-30
50c
(quar.)'
preferred
9- 1
v77;777''' 7
Century-Fox Film Corp.—
Common
;
14c
..—.77;,:
8-16
9-30
Blue
Water
7777;' ■' ' 7;-7>7'-;' V7"'77 7/#7;77'7.'.
7-
Shares—
(irregular)
preferred
Carpet
Son, 5%
Bloch
preferred
Allied
8-3
9-5
9- 5
8-20
8-20
9-15
9-15
8-23
20c
1
8
;7!
convertible
8-17
$20c
Aluminum
$1%
99-
$1
(increased)
convertible
8-16
(quar.).
$$134
Vicksburg Ry. (s-a)
$3
Service, $6 preferred (quar.)
$1(4
Alberts Super Markets, 6% pfd. (quar.)
$l»/2
6%
preferred (quar.)_.
$1(4
Allegheny Ludlum Steel Corp. common
35c
7% preferred (quar.)
j;
$1%
Allied Laboratories, Inc.
—_——';
15c
Trinidad
Leaseholds, Ltd.—
Ordinary registered (interim)
Trion Co., common (quar.)
7%
preferred (quar.)
preferred
6%
8-31
-
Alabama
7*
9-27
30c_
(quar.)
5%
3-31
1
9-11
—
(quar.)
;
Alabama
1 77'9- 3
10c
Co.
7
8-31
87M»c
75c
■
Extra
7%
8-20
$114
(quar.)__
(quar.)
common
1.0-1
9-
$1%
Inc.j_,„_„__—15c
Agnew-Surpass Shoe Stores,
8-28
9-18
9-17
9-15
9-15
(quar.)
5%
Bridge,
participating
Talon,
9-15!
30c
25c
7
9-30
.r 9-15
(quar.) _________
of Pennsylvania
Bliss
Companies
BL_
Products.
Fund
Affiliated
8-23
9-20
9-20
9-20
(New
9-
7%c
$i2y2c
.
8-31
9-10
8-31
9-30
9- 1
Bank
Quarterly
:v7.7;# 7
9- 1
8-24
'9-24
9-20
9-15
10-15
Natl.
8-14
Birmingnam Gas, $3(4 preferred (quar.)____
Birmingham Water Works, 6% pfd. (quar.)
Black-Clawson Co., common (quar.)__
6% preferred (quar.)
9-20
Whitney
1
9-30
(quar
preferred
&
Birmingham
9-15
Aeronautical
.
Bird
Steel,
preferred
6%
9-22
12-22
(quar.)
8-25
68%c
(quar.)
12-15
•
1
9-
6V4C
______________
Bessemer Limestone & Cement—•
6%
preferred (quar.
8-10
Upper Avenue Natl. Bank ^Chicago)
9-15
65c
Electric Products
Syivania
Talcott
Co.
$7
1-3-44
8-14
15C
;___
eom." (quar.)
(irregular)
Spinning
9-15
35c
Steel
15c
Paper
Fine
9-7
35c
8-14
1
37y2C
convertible preferred
referred (quar.)
7 %
(quar.)__
$5
convertible
10-1
__—
Sutherland
$5
—
'
1
9-
Ltd., class A (quar.)
common
$2
(interim)
■
(Portland,
9-20
I'
$$1(4
5%
9-
5c
(quar.)
Ties
Mills,
Berkshire
(Wash., D. C.)—-
8-14
$1.05
Ltd.,
common
(quar.)__
7%
preferred
(quar.)
Belden Manufacturing Co.
(quar.)
Berghoff Brewing Corp.
Y.)10-1
8-25
(s-a)__
pfd.
Belaing-Corticelli,
8-14
37 (4c
8-20
Corp.__________________„
Inc.
Brummel
$1(4
9-28
1-1-44
1
15c
Canada
Creamery,
Beaunit
1
$1
';\k
Properties
Tool
! '
Quarterly;
APW
,
(quar.)
Co.*;.(N.
(Youngstown, O.)
Bank
Beatrice
10-30
10-11
10-
Works
Cigars
11-15
$1(4
$1(4
•
Natl.
Bayuk
(Montreal) —
Trust
&
9-25
10-15
;
of
Bathurst Power & Paper,
10- 5
9-30
50c
__
(quar.)
Acme
__7
(quar.)
(quar.)
10-15
Co.
■
50c
common
Barlow & Seelig Mfg., class A
Barnsdall Oil Co. (quar.)
8-25
$2(4
Union Natl. Bank
8-31
3-25
(irregular)
(Chicago)
Tobacco Securities Trust Co.-
9-15
9-15
9-15
$1
$114
3714c
$114
(irregular)
E.)
Bank
,
3-26
8-26
8-31
75c
12-24
9-
$l1/2
(quar.)
9- 1
9- 1
,.5
4.
Southern
(A.
Common
9- 4
8-31
•/.
.y
1-2-44
.
9-
__________________
ikityik':.:;, ■\.v"."V'".;;
Royal Bank of Canada (quar.
9-15
9-15
;_i
,
(Syracuse)—
Y. (quar.)____
N.
Canada
Quarterly
Riggs National Bank,
10c
(quar.),
(quar.)
preferred
Serrick
National
7%
Barber-Ellis
V
4iy4c
common
12-24
$1.50. i
!
of
Show,
11-24
$$1(4
15c
6214c
25c
$l3/s
23c
Co.
preferred
Bank
Radio
12- 1
1
8-6
______
50c
Baldwin Locomotive Works.
Bath Iron
Quarterly
S.
11-24
1
(quar.)
$3
(quar,)
Third Nat'I Bank & Trust
Provincial
U.
10-25
preferred
1-2-44
■
50c
(Chicago)
of Auburn,
Security Bank
Quarterly
,
1
1
9-
Badger Paper Mills Inc.
—
(quar,)
Bank
National
Public
Baltimore
of Rec.
$5c
6%
preferred
(quar.)
Bankers Natl. Investing Corp.,
6% preferred (quar.)
(s-a)„
(Syracuse, N. Y.)
Bank
National
25c
37'/2c
—_
Rustless Iron & Steel Corp., common
(N, Y.)
.1—«—
Common
Pittsfield
9-25
10-25
11-
(irregular)
50o
:
—
Bank
Merchants Natl. Bank & Trust
8-31
_____——
(quar.)
Mercantile
8-30
9-15..;.:
8-30
•
Riegel Paper Corp.
—
National
National
1
Holdert
Works—
$1
Quarterly
8-31
9-15
9-15
9-15
pfd.
1
9-25
Gear
When
Payable
'
Mines
convertible
10-
'50c
-
-.v,-——■
Extra
$1.65
10-
12-
—
:
9-15
10- 1
10- 1
10- 1
$7 conv.
8-25
$1
Extra
Grace
Automotive
50c
——-i.
Lincoln Nat'I. Bk. & Trust
>
8-25
11-1
' $1
Monthly
9-1
9-10
9-15
9-30
30c
—-
______
Aunor
share
Name of Company
Gold
8-25
9-1
50c
-a.-———-
——
Per
*
of Ree.
1
9-1
$1
—
Extra
Monthly
$1.20 preferred class A (quar.)
Penney (J. C.) Co. (quar.)
Pennsylvania-Dixie Cement Corp.—
9-
Monday, August 23, 1943
Holim
Payable
(monthly)$1
——:
$1
—„—i—50c
Monthly
Switch—
When
share
(Palm Beach)
Monthly
9- 1
—
Bank
Extra
8-31
9-15
9-15
8-30
(accum.)
Per
,
Name of Compann
9- 9
!
9-24
9- 1
9-30
$1
___
__
Penn
of Reo.
$1
(Wise.) 5% pfd. (quar.)
Ohio Water Service, Class A, common
Page-Hersey Tubes, Ltd. (quar.)
Parker Appliance Co. (quar.)
Peabody Coal Co., 6% preferred
Penick & Ford, Ltd.
Holiert
$114
North. States Power
Oklahoma Gas & Elec., 6%
7% preferred (quar.)
When
Pay'ble
per
Name of Company
New
& FINANCIAL CHRONICLE
25c
9-
8-20
Chile
Copper. Co.
,-4-z
1
25c
10-15
9-15
50c
8-24
8-13
Cincinnati New Orleans & Texas Ry.—
5%-preferred (quar.)
preferred (quar.)—
5%
$1%
9-
1
8-16
$iy<
12-
1
11-15
Volume 158
Number 4205
:
THE COMMERCIAL & FINANCIAL CHRONICLE
4;;.444<>4
Per
Name ot Company
Chrysler
thare
Payable
J
Corp.'4_.:___4_„____________.l____ 444': 75c
Cincinnati
Street
Rwy. ________i__'
City-Ice & Fuel, common
C/2 .% preferred (quar.)
City of New Castle Water,- 6% pfd. (quar.)
City Water (Chattanooga)* 5% pfd. (quar.) ;,-;
-
,
;'j
8-20
9-15
9-
4
Fairbanks
8-23
Fajardo Sugar Co.v(quar.)
Falstaff Brewing .Corporation,
\
6% preferred (s-a)
1
9- 1
8-11,
$iy4
9- 1
8-11
.
;4 5%
&
Gas
1st, preferred
(quar.)
Coca-Cola
Co.
Coca-Cola
International
Trustee
•
1
8-10
8-27
8-10
50c
'
'
'
31'/4c
y'
_____
____
Corp.
pfd.
of
1
^.-Registered,.sharjes. .^j~^^^^
9-13
10%c
8-31
102/sC
•
Collins & Aikman Corp., 5%: con v.,
Colonial Stores, common (quar.)
Columbia
Broadcasting System, class A (quar.)
■■
Columbian- Carbon Co.
30c
..•
(quar;)
iOommoilj>.Ltdi A(iMegular)cr_irr_^_'r,—1, ■ Commonwealth; Loan Co.: (Indianapolis)—
'
*'5% cum. preferred (quar,)——$1.25
Commonwealth -Telephone,'<"5 % pfd.'tuquar.) i*-' $114
Community Public Service ■'(quar.) ' —J- ' ;
40c
Confederation Life Association'(Ontario)—■
■.Quarterly ,—-'-*-.————I--—$$lVa
V'-;ijQuarterly
v
$$1 '/a
Congoleum-Nairn Inci (quar.)'
'—
"
25c
Connecticut Light-&■ Power— •
■
'•$2.40 preferred* (quar.) *_*_
—;
60c
preferred
Federal
*
;
8-20;
:
$2.20
preferred
(quar.)-—
8-20
9*30 ;:;y'9-10,;V
.8-20
9- 3
8-20
9-. 3;
8-15
9-1
8-20
9-10
8- 7>
8-23 •
Consolidated
Biscuit-'
-
Consolidated
Edison
(quar.)
'
iSrZV:
9-15'
Co.
of
Y._—
N.
(quar.)i_„_—
preferred B (quar.)——
convertible
Consumers
Gas
-Si''KleiseT/^nc.44,Vv
Continental
Oil
(Del.)
9-15
General Cigar Co.,
20c
$1
9-1
9- 1
8-18
(quar.)
$4 preferred (quar.)
Cornell-Dubilier Electric (irregular)
Corporate Investors Ltd., class A (irregular)
Corrugated Paper Box, 7% pfd. (accum.)—
CoUrtaulds, Ltd., ordinary (interim)
Crane Co., 5% preferred (quar.)
$3.50
45c
,
.
10-29
Crown Zellerbach Corp.,
&
Forster,
8%
pfd. (quar.)
preferred
1
7-31*
8-25
7-20.
9-
9-
9-15
9-30
Cuneo
Press,
Curtis
Publishing; prior preferred
4%%
;
Hackensack Watfer,
$7
8-25
8-19
(accum.)
$6
preferred (accum.)___
$3.50
Dairy Corp. of Canada, 5% pfd. (s«a)
$$1(4
Darby Petroleum Corp. ___v_
25c
Dayton Power & Light Co., 4% % pfd: (quar.)
$1.12y2
Deere & Co., common (irregular)
•
• $1
.7% preferred (quar.).
35c
Dejay Stores, Inc.
25c
Dentist's Supply, common (quar.)-i—75c
Common (quar.)
—
75c
4 7% preferred (quar.)
$l3/4
preferred (quar.)
$13A
Denver Union Stock Yards. 514 % pfd. (quar.)
$1%
Detroit Gasket & Mfg., 6% pfd.
(quar.)..
30c
Devoe & Raynolds, class A (quar.)
25c
Class B (quar.)
25c
•4 5%
preferred (quar.)
$1(4
Devonian Oil Co.
(quar.) r—
25c
Diamond "Alkali Co. (quarr)
50c
Diamond Match Co., coramon_____
37Vic
; 6% part, preferred (s-a)
75c
i
6% participating preferred (s-a)—
75c
Dictaphone Corp., cojnmon
25c
8% preferred (quar.)
J,—.:———
$2
Dixie Cup Co., common
25c
$2.50 class A lquar.)
62Vic
Dominguez Oil Fields (monthly)
'25c
Dominion & Anglo Invest. Corp., b% (quar.)
$1V4
Dominion Bridge Co., Ltd.
(quar.)
+30c
Dominion Envelopes & Cartons—
1% preferred
(quar.)
$87J/2C
Dominion Foundries & Steel, 6% pfd. (quar.)
$$lVi
Dominion-Scottish Investments,
Ltd.—
5% preferred (accum.)_^_—
$50c
Dominion Stores, Ltd. —;—
$10c
8-25
9- 1
6%
preferred
Cushman's
preferred
(accum.)
__
Sons,> 7%
1
9-15
9- 1
9- 1
—
——
6%
v' i 1
%
-
.
preferred : (quar.)-i
preferred < (quar.)—
37.Vic
5c
$6^
;
Eaton
Mfg, Co.
—v———
El Paso .Electric Co.,
6%
El
preferred
Paso
Natural
B
—
7% preferred A (quar.)
(quar.)\—
—
Gas,
common
8-28
8-12
8-13.
(quar.)——
■
8-13
Holophane Co., Inc.
Holt
v
Hooker
7%
2
8-25
9-13.
Hummell-Ross Fibre, 6%
8-24
Huntington Water, 6%
8-24
9-15
8-11
8-10
9-1
8-14
$1.J4
10- 1
'
c
j
9-
preferred (quar.)
——
$1% V ; 0" 1
Stop Nut Corp., common
. ^
25c
9-25
-6% preferred (quar.)
1.———
75c
10-1
Elgin National Watch Co. j—I————
25c
9-20
Ely & Walker Dry Goods (quar.)
K ; 25c
9- 1
Empire & Bay State Telegraph—
Employers Casualty Co. (Dallas)
(quar.)--.; . • 30c
11-1
Engineers Public Service,. $6 pfd:;"(quar.)—
$11A
10-1
4 % guaranteed . (quar.) —;
—
—
<•/
■_
$1 / 9- 1
$5 preferred (quar.)_^
—
$1V4
10- 1
$5V2 preferred .(quar.)
$l3/a
10-1
75c
>9- 1
Equity Corp., $3 conV. pfd. (accum.)——
•
4
9-
10-1
8-25
$1.75
10-15
$1-50
10-15
60c9-30
$1/2
75c
:
8-10
4
8-
•
9
9-11
;■
^
9-148-21
•
vM'
—
$1.25
$1.25
9-1
12- 1
Manischewitz
9-30
Masonite
$4%
9-15
9-4
8-14.
10- 1
9-16
8-16
7%
9-15
9-4
7%
A
9-17*
8-18
5%
preferred
6 %
Iron'Fireman
Common
Safety Razor Co.—
Mfg.,
>
8-20
8-11 "
Textile
Corp.,
Car
Co.
6%
Associated
preferred
9-
8-14
7%
preferred
8-15
1
8-15
,35c
1
9- 1
8-10
9-
?
1
8-20
9-
1
8-20,
9-10
9-
9-30
9-20
8-26
>
'
1
8-16.
10-
1
9-1
10-
1
9-1
10-1
9-
$l>/2
10-
1
9-1
10-
1
9-1
$1.50
10-
1
9-15
25c
9-
1
8-14
$1%
10-
1
9-15
SIV'a
10-
1
9-15
$1V2
$l3/4
10-
1
9-15
10-
1
9-15
4
9-
8-20
15c
v
8-13
Minneapolis
-9-27
Hart,
'
9-10,
$5.10
'
•4
8-31.
^
8-20
<8-31
;4
9-^17
8-18
•
9-15'
Light,* 544
Minneapolis-Honeywell
,
'■
Gas
preferred
(quari)
preferred, fquar.)
preferred (quar.) _4__
Common .(quar.)
<Alb
pfd.
$1
4'i 4V4%
10-
8-26
9-1
9-15
1
■
9-
1
8-20
50c
9-
1
8-20
9-12- ^.9- 2
9- 1
8-20.
(quar.)$1V4
$1.27(4
$l3e
9-
1
8-20
8-20
$lVa
9-
1
8-20
——
Regulator—.4. n.;
1
.
9-
1
4.
50c
—
9-10
8-25
1
1
8-20
8-20
$1
9-
$1.0?
$1(4
12y2c
;___—___—
9-
Mobile Gas Service, 6%
preferred (quar.)_. *
Molybdenum Corp, of America
Monarch Life Ins. (Springfield, MasS.)—Semi-Annual
II-—
Z,—$1(4
9- 1
10- 1-
Monsanto
9" 1
12- 1
12- 1
12-1
$4V2
Chemical, commoa (quar.X
preferred A (s-a)—
$4%
preferred
$4 preferred C
B
(s-a) "—
(s-a)
—
4
50c
4
preferred B
(quar.) 4
preferred C (quar!)
9-10
50c
,
prior preferred
5%%
yQ%
'8- 5"
1st
$1
9-10
30c
(accum.)
J__;
Co
&
,
,
Midvale
1
•:
1„4
4
8-20
8-10
9-
-
$1V4
(quar.)__
9-1
11-10
9-1
■
25c
)_I____4___
series
8-3.
1
5
$1.75
1—
(quar.)
9-8
12-
9-
44; $134
_______
~ 25c
30c
9-5
81140 :4
......
-4
Michigan Steel Tube Products
Michigan Sugar Co., 6% preferred
30c^;9-1
8-27,
1
$134
Miller
"
9-10
9-
(quar.)__
Mid-West Rubber Reclaiming, $4 pfd. (quar.)
Middlesex Water (quar.)
****
8- 2
9-
4
9-1
:
■
i:
4
"
8-9
"fquar.)_'___*4—
1
$1»8
(quar.)
*.
8-19
,
(quar.
1940
■
8-14
10c
com.
quar.
preferred
1
1
9-1
t
_1__1
preferred
•
9-
9-
;
Telephone Co.—
(quar.)
6%
9»-
8-16
11-15
$1%
i 6%
10-15
8-31
30c
9-14
75c
8-14
11-30
25c
9-1
4] $75c
.
1
!
preferred
Michigan:P.ublic Service,
4V< $6 junior preferred
:
9-15
15o
(resumed)
8-21
1
8-20*
/
12-
common
8-3
'
•
of Calif.—
i
9- 1
"
&
$1.50
(quar.)
9-1
9-30
9*
8-20
preferred
Michigan
4t
9-20
16- 1
8-
9-15
10-
$1.37%
(quar.)
$6 prior preferred (quar.)
■444 $7 prior preferred (quar.)
12-20,
60c
8-31'
11- 5
>
9-30
50c
9-1
9-1
(quar.)
common
Metropolitan Edison; $5
preferred (quar.)
$6
4 4: $7
12-30
■
9-15
$62 %o
B
10- 9
-
8-16
8-27
-
11-15
i55J/2c
9-10
10-15
•
8-16
■
8-31
9-15
9-10
(quar.)_
30c
$2V4
-4..
8-26
1
25c
43%«'4V' 9-"l
Meteor Motor
..
4
9-21
12-24
9-30
—
8-12
8-11
(quar.)—
4—
(s-a)
9-1
4
9-
1
9-15
■
8-14
1
9-15
10-
1-3-44
:^9-20
..
9-1
9-
'
■
1
___^
8-17
.
4
,
8-14
.
common
;
9-1
8-17
Silver'
(quar.)
,
'45c
'83Ac
$iy4
$l3/4
7-27
25c
parlicipating preferred (quar.)__,___
Metal & Thermit rCorp., common
7% preferred (quar.)
>.
8-30
$lJ/a
$3.25
1
8-17
9-1
43%c
Metal
9-
9-17
1
25c
9- 3.
.
9-
75c
8-6
1
10-1
'
9-10
1
11-20
1
$7
9-15
9- 1
12-
$7
8-31
9-30
1
8-20
11-20
$1.121/a
;
(quar.)—
Merritt-Chapman,.,& -Scott—
6% lb preferred. A (accum.)
9-
8-20
1
9-30
preferred
$1V4
9-
7-22
1
12-1
$1%
A
8-16
(quar.)—
9-21*
$1%
$1 y2
_4—$1
International
3-21
preferred
preferred
8-13
Investment*Foundation, Ltd.—
11-20
(quar.)__
(quar.)
(quar.)
(quar.)
Mercantile Acceptance Corp.
$6
8-25
.
(quar.)
convertible preferred
Corporation,
$5V2
c
9-1
1
9-
15c
(quar.).
(quar.)___
preferred (quar.)
Mclntyre Porcupine Mines
Mead
8-14
9-
9-20-
8-21
25c
7%
(
9-1
—_■—_
8-13>
6%
4
10-19
$1V'2
8-21
1
$1%
;
9-14.'
(quar.)—
10-
9-15
$1.62J/a
(quar.)
9-24
1
8-14
9-30
25c
8-17
9-
7-30
*
8-31
25c
8-27
10c
Co. : _____4—
1
$1
preferred (accum.)
preferred (accum.)__
45c
25o
(resumed)
1
9-
Mattiessen .& Hegeler Zinc—
30c
-
7-30
9-
$1
McClatchy-Newspapers, 7% pfd. (quar.)
.
9-1
v.
?
8-25'
11-24"
25c
May Department .-Stores
May McEwen Kaiser tquar.)
40c
9-10 4
$25c
..
8-20-
$1%
8-25*
11-24
12-10
$1V'2
15c
15c
(quarr)_i
9-10
$250 "
(quar.)
8-20
9-13
8-11 *
8-31
12-10
$3
8-20
-
6*
10c
1
37V2c
15c
$lVz
redeemable preference
conv:
8-24
8-
$11/*
1
9-27
8-24
8-23
'':
50c
(quar.)
9-
9- 1
10-23'
1
50c
(monthly)
9-1
10-29
1
9-
9-1
8-7
■
9-
:
11-
9-15
<
(quar.)
77c preferred
common
2
8-10
9-1
(quar.)
$1
_______________
9-14
-
Corp.,
8-26
$l%:,/ 10- 1
62c
,
8-10"
9-1,
$1.10
&
preferred
$1.25
25c
20c
8-
1"
$1.10
Massey-Harris Co., Ltd.—,•
25c
Payable^- in -U4 S.' funds less Canadian tax
Class
6%
8-16
8-16
.
1*
9-
50c
Co.
(B.),
8-11*
9-10
30c
4
Co., 6% pfd.
pfd. 2nd series (quar.)
1
group
International
>9-14;
/
—
8-13
10- 6
Field
1
8-21
'
1
9-
$1.62%
1
8-25
9-
30c
;
"
Magnin (I.) & Co., common
6% preferred (quar.)
Marshall
9-
9-15
75c
*
Mackintosh-Hemphill
Madison Square Garden Corp.
Magma Copper Co.
9-1
25c
9-14
9-14
75c'
_
(quar.)
Manhattan .Shirt
9-
10-1
/
25c
(increased)
8-14
10-15
8-20
20c
8-14
-
-
preferred
$1
International Harvester Co.-, 7% pfd. (quar.)
International Nickel Co. of Canada— ■.■■'4
-
_
.preferred (quar. )•_;
preferred (quar.)
$134
4
' $134 '
Co.
9- 4.
9-
9-15
9-
$2
10-20
-
$1 Vs
______
Inland Steel Co.; _4_——
Inspiration "Consolidated Copper
Institutional Securities,* Ltd.— "4:' 'r/.r- v
1 Bank
6V2%
8-9
1
25c
/
RR
8-9
9-1
10-
$1
(quar.)
gtd.
common
9-13
1
9-
15c
preferred
i /
;
& Nashville
8-21-
9-1
$1.12J/2
* 62Vic
4___ ';
(quar.)
9-1
shares,' class A (irregular)—. $0.01822
10- 1
9- 4
'4/ International' Business'Machines Corp.—
4 ;;
8-21 4 4'/' Quarterly, 1
—4
4—.44
1;
$ I Va
9-10
.
$5
;*
9-15
.
$5
/
9-10
—
Railroad,
8-14
7preferred .; (quar.) _4—
^_4_—_ ;
,$13A.
Huttig Sash & Dpor, 7% preferred (quar.)_
$l3/4'
7%"'preferred (quar.)
$13A
Hydro-Electric Securities Corp.—
Hydraulic Press Mfg.-Co.4.6% pfd. (quar.)
* 37Vj>c
Illinois-Iowa.'Power Co., 5% pfd. (accum.)—
62y2c
/.Illinois Municipal;Water, 6% pfd.
(quar.)
$l"J/a
Imperial Tobacco *of .Great Britain & Ireland—'
Ordinary registered/ finterim) —^—;—!— 4 7V2%
ImperialWarnish;& .Color, common (quar.)
12V2c
yv $iy2J preferred *(quar.) 4.4—-4
4—4—
37J/2c
; Indiana :Steel Products —4
L___4_;_—
12J/2c
44": Ingersoll-Rand
9-30
Elastic
Erie
8-13
8-14
9-1
•
9-30
7%
-
9-1
9-1
30c
preferred
25c
>
(quar.)
& Sales
_*____
Lunkenheimer Co., 6V2% preferred
..50c
-
12-21
Ludlow Mfg.
9-15
25c
pricr partic. pfd. (quar.)*_
Horn & Hardart JN. Y.) 5% pfd. (quar.)a_
Houston Lighting & Power Co. (monthly)—
Howe Scale, '5%; preferred' (s-a) __i—4-4_4w
12-31
6% 1st preferred (quar.)
Louisiana-Land & Exploration
8-31
$.1.50
non-cum.
Hudson Motor Car Co.
8-16
1
1
common'
'
8-23
Louisville
9-
10c
,6%'non-cum.'2pd partic. pfd. (quar.)_—
8-10
8-16
9-16
9-15
35c
$1.25
Hoi'rt. (A.SC.) Co.—:
8-20
8-13
9-1
■:/' 30c
common
8-2
$3
5%
8-13
50c
'6%^preferred CdUAr.)_«4_.._,
8-31
9-1
(quar.)*;
Gas
9- F
10-
(irregular) ____*
Electrochemical,"
•
9-10
$1V4
50c
(monthly)
50c
Co., Ltd., class A (quar.)
Co.,
-
3
12- 3
+20c
Participating
25c
participating preferred (quar,).' ./^IV'-i
Participating * _4__
25c
Lord & Taylor,
common
(quar.)
V;;:'*'- $2
4
$1.25
Co.
8-25
12-11
*
4
(monthly)
Star
8-13
9-
$50c
i
Longhorn Portland Cement—
\
5 % participating preferred
.
'20c
—
Pipe
preferred
Lone
1
9-15
9-11
10c
(quar.)___.
Sf-30 jv
9- lft
$50c
.
.(Henry)- & Co., ,plass A (accum.)
Honolulu' Oil Corp. • (quar.)
V
.
,
10-1
:
410c
.Hobart'Mfg.,-class'A/(qtrar.)____4______i_
9-24
-
B
9-
5*
4
12-4
$50c
(quar.)_
common
Groceterias Inc.,
Joint
>8%
•
3
9-
:
Glass. -Co.1 (quar.)
&
9-
Co.,
Common
8-19
25c
■
,
'
•
$lJ/a''
Monthly
Hires/(Charles E.) Co. ;-.__r—
Extra v. J
.__„_r:___4-_l__
2-10-44
9-1
Class
9-15
Monthly..;:
:r
1
9-13
50c
Hibbard, Spencer,. Bartlett
8-12
.
;43%c
.
12-15
$1%
preferred
(quar.)
Corp. (quar.)
"
Loblaw
9-1
___—
Co.,
9-
$l3/4
(quar.)
Loblaw Groceterias
8-16
25c
__
$25c
(quar.),;——.
5
8-31
$15/®
::
(quar.)'-.*.'^';^.
preferred
8-20
;
8-16
343/sC
-
(quar.)
4
Heileman' (G.) Brewing
vHeyden ChemicaLCorp., common
4~_
44%.;preferred;A (quar.)'
Heywood-Wakefield,' 5 % pfd. 8 (accum.)
■
8-11
'
1.
8-12
9-1
"
Hecla Mining- Co.
8-20
8-
9-1
11-
1"'
9-
> 25c V
Refractories
9-15
40c
Miami RR. Co., special
Special guaranteed (quar.)
Original capital (quar.)__
Original capital (quar.)___
Lock
(M.» A.)' Co., common, (irregular) —
preferred (quar.)'
Hazel-Atlas
8-14
9-1
9- 1
$lVi
Eastern. Steel Products, Ltd." (quar.*)—-—■Eastman Kodak Co., common
v:-'6.%
8-20
9-1;
"$1%
1
12-23
9-15
10-1
$lVi
:—
preferred ; (qiuar.)—
9-1
$1
V '!
Eastern Shore Public Service, $6 pfd. (quar.)
t
10-1
9- l->
9-30
8-31
10- 1
9-15
50c
Plastics & Chemical; common (quar.)
preferred (quar.)
—
Duro .Test Corp.;^----.-^.--!--------^—
East St. Louis & Int'erurban Water—
8-16
8-lfr
•
25c
$2
6%
25c
preferred (quay.)
Harrisburg Gas, .7% preferred (quar.)
Harshaw Chemical, 4y2% conv. pfd;" (quar.)
Hart-Carter, $2.cony,;^preferred (quar.)
Hartman Tobacco Co.; $4 prior pref. (accum.)
Hawaiian Pineapple, .Ltd.:
11-15
9- 1
9- 1
—
9-15
11-15
$1%
6%
1'
■
,
/
Lionel
8-31
11-
35c
Little
8-14
Stores. (quar.)
Harbison-Walker
,
9-10
10- 1
8-31 Wfi 8-17
8t14
9- 1
7-31
8-25
—
:
$5
8-20
3-1-44
9-1
9-1
10-15
8-14
9-L5
;
50c
Hanna
8-14.
9-15
9-11
9-1
9-1
—
Durez
.8-14
9- 1
—_
8-31
9-15
50c.
6214c
Class B.-4----——-—————
Extra on class A-and B"
f
.
1
9- 1
9- 1
9-1
__
10-9
9-10
6%.preferred-(quar.) ■
^
Hancock Oil Co. of California, class A_i
8-20
9- 1
*
Doyle Machine Si Tool (quar.)
Duplan Corporation, 8% preferred (quar.)—
9-
9-1
9- 1
9-1
12-1
10- 1
12-23
___
10-25
Belt
8-31
11-15
(quar.)
(Ind.)
(quar.)
Link
•
8-19
pfd.
Insurance
common
8-25
$114
Mines ^ (quar.)
4.
Cotton, $2 /conv."preferred (quar.)
Hamilton;Watch- Co.,; common (quar.)
9-15.
Life
9-10
Hamilton
8-16
;
Stores,
25c
^Hallnor
,
1
'
$lJ/2
___—
10-
—
'
9-.1
1
25c
(quar,)__i..
preferred
6ya%
8-16
1010-
Lindsay Light & Chemical
50c
,
9-4.
B
Natl.
Tib
9-1
$10c
;
common
9-14
>
Hale* Brothers
8-16
*
$1.25
(quar.)__"
9-1
____
Hajoca Corp., common
6
' preferred
(quar;)
;
8-21
Cudahy Packing Co., 7%
•
8-13.
9-18
11-19
8-2
50c
50c
(<)udr.)
8-2
9-15
(quar.)
15c
7% preferred A
1
9-1
4:; "4 "4:-
(quar.)
(quar.)___
"4%
Cement,
Myers Tobacco,
Lincoln
;
8-20
8-13
8-15
9-
(quar.)
9-15
"
.
8-25
$20c
preferred
1
9-
9- 1
Co.
Lincoln
Gulf, Oil VCorp./ (quar.) :-Z—
9-15
A
11-1
10-
40c
(quar.)
Greene Cananea Copper
Griesedieck Western Brewery—.
>: 5 y2 °/o ■ preferred
(quar,)
Griggs,1 Coper>& Co."(quar.)
.
8-31*
8-31
—
(accum.)
-11-15
50c
15c
(quar.)»_
common
Fink Products
Salt
Class
9* 8
9-15
10- 1
(quar.)
class
10-11
9-15
8-31
9-17
8-31
1
15c
Papey
G.)
convertible
Portland
&
Liggett &
8-21
Northern
(R.
cum.
Life Savers Corp.
.:
I
8-21
9-30
11-29
7-26
9-
8-10
$2
11-
$1'A
stk.
com.
7-20
Great
8-31*
$4.50
Leath & Co., $2.50 preferred
Lee (H. D.) Co. (quar.)
8-12
30c
11-20
50c
preferred
non-cum.
of
1
9-13
$1.25
__________
Tea, common
9-1
10c
—
9-
'9- l.:.1
Great Lakes Engineering Works
1
75c
$2
Pacific
'
50c
Semi-Annual
9-10
$1 Vs
Curtiss-Wright,
&
12-15
$1.75
(quar.)
Culver & Port Clinton RR.* (extra)
10%
7V'2%
7%.,; preferred (quar.) __l
Great East,;Fire Ins. Co; (White Plaint, N. Y.)—'
$1V4
$5 conv. pfd. (quar.)
Crum & Forster Ins. Shares, 7%
Crum
(annual)'
_______
56V4C
————
9- 6
.
-
$2Vi'.preferred (quar.)
9-15
common
87y2c
4c
>
25c
preferred
8-31-
9- 6
Tourneau
Lexington Water, 7% .'preferred "(quar.)
Libby-Owens-Ford Glass
4_____
;
share
25c
'
-
convertible
8-27
11-15
t$l3A
2xk %
$1V4
25c
(quar.)
Crown Capital Corp., common A;,(irreg.)—,
Crown Cork & Seal Co.. common
.
9-10
tl2c
Le
8-14
Great Atlantic
12-15
10-
8-31
9-15
10-15
25c
Secord Candy Shops (quar.)____
Lawyers Title Insurance (Va.)—
://
6%; preferred (s-a^)
9-15
11-1
$30c
conv.
8-31
.
'
8-10'
V 9-17-
$$l3/4
Laura
9^15'
1
1
25c
9-20
9-15
8-20-
9-
*___
(quar.)
9-1
8-18
-
9-15
1-3-44
Inc.
8-20-
45c
(irreg.)
_________
1
$1%
Common
.
Golden
12-15*
$1%
(quar.)
America, common
12y2c
12J/2c '
..
8-20
9-14
10-
Co.
8-20
9-16*
8-27'
9-14
$134
preferred (accum.)
7% convertible preferred (accum.)
Lanston Monotype Machine
:
1
9-10
50c
.
...
(quar.)
:
Cycle Corp, (quar.)
Goodyear;Tire & Rubber,'Common
$5" convertible preferred (quar.)
Gorham Mfg..Co., (quar.)
Gosnold Mills, 5 % rprior pfd. (s-a) j._:
Gossard (H. W.) Co. ^____
(quar.)——
Bryant
Langleys, Ltd. 7%
9-30
$1%
10-1
1-3-44
preferred
Lane-Wells
10-
8-16
*8-16
$1%
Leslie
$l5/a
$1%
$6 preferred
Lane
8-17
8-19
1
8-31
$iy2
;
(quar.)—_____
(quar.)
9-1
30c
9-
15c
4_
9-1
;
$l3/4
Gibraltar F)re & Marine insurance
Brothers, Inc.,
9-15
(quar.) 4
Lehigh
Gimbel
•
preferred
9-1
1
common
preferred
9-20'
40c
Lehn
8-24,
a
Machine,
7%
9-15-
8-10"
1
9-10
410c
1
11-
35c
Advertising, 6 % pfd. (quar.)
Gen;'Shareholdings Dorp., *$6 pfd. (accum.)
44/1000'of
10-
10-
25c
__>v
8-15
1
preferred
10-1
■
9-30.
12-30
50c"
*
7%
■
7-30
10-15
$i34
——
Co.
Extra
*
8-25
" 8-28
'
1*
8-10
$1V2 V 8-25
(S.
Landis
>
1-15-44
25c
" 25c
T
9-18
8-31
9-27
9-15
.•>
:
$1VA
General Outdoor
or
8-20
1
(accum.)_.
9-
1
9-10
2c
commonv
8-14
General Motors Corp., common
$5. preferred (quar»)
9-7
9-
30c
.
Cash
8-20
7-31
9-
$5c
9-1
8-25*
Cook Paint & Varnish Co., common
,
1
9-1
9-15
___________
9-15
preferred '.(quar.,)
General Electric Co: Ltd., Ordinary
Bonus',.
;
9-
1
$1V4
2c
(quar.)
8-25
' 9-15*
1
$1V2
(irregular)
common
10-1
8-16'
participating
8-13
..
Mines
Oil,
75c
9-15
participating
8-13
94 1
'
25c
(quar.)
$2
(quar:25c
common
25c
7%
4
7%
•
8-31
7%
Creameries of
>•••
General America Corp.
(quar.)
General Baking Co., $8 preferred
8-21
(quar.)—
Telephone, 6Vi% pfd.
preferred (quar.)—
1
25c
50c
*
9-
68%c
1
9-
9-15
$2.75
/
common
7-30
30c
9-28
25c
preferred' (qrfar.)
General Acceptance;
.Corp.,
Class A:(irregular)
8-31
9-30
$4
Continental
,.6%%.
55/2 %
..
9415';.
8-21
10c
..
-
$50c
1
87Vfec
Brush, 7%: preferred (quar.)
(Robert)' Co., 6 r'o • preferred (quar.)__„
8-20'
25c
8-14
9-
$1.75
(quar.)
10-1
9-
9-1
10-
: "
-
4__
(quar.) '
(quar.)
Kroger Grocery & Baking, common (quar.)
6% 1st; preferred (quar.)"_______
7%
2nd preferred (quar.)__
Knudsen Creamery, 60c pfd.
(quar.)
Lake of the Woods Milling com,
(interim)
7%
preferred
(quar.)
4__44_!:__
Lake Shore Mines, Ltd. (quar.)____
Lake Superior District Power
Co.—
5% preferred (quar.) __'__4_
4_
Lamaque Gold Mines Ltd." (interim)
9-20
50c
—
9-18
9-30
*
A
S.) Co.
Kress (S., H.) & Co.
Special preferred
9- 8
I
Gold
preferred
Kresge
8-14
37Vic
1
9-15
31'Ac
(quar.).
9-22
9r-
25c
■y
-
7%
1
25c
$iy2
(quar.)
•
8-31
10- 1
10-1
$2
(irregular)
Co.
A
.
6
9-
,
Inc.—•
(quar.)
preferred
„
Stores,
Koehring
9-4
9-15
.
Stores,
preference
partic.
(G. R.) $5 prior pfd.
(Emil.) & Co. (quar.)
Kobacker
<
Gaylord"Container Cdrp;; common (quar.)
A:;-ExtrA.4'r_^4ii--_^_:*j_:4
9-1
9-18
9-15
s
v,
—$i3/4
25c
preferred
25c-
of Rec.
"
County Land Co.
Klein
-8-25
15c
9-15
10.,
12Vic
(quar.)-:--———
Continental Assurance (Chicago)
(quar.)—
Continental Can Co,
(interim)—,
i-i
Continental Casualty (Chicago, 111.)
(quar.)
Mills
Fuller
Gair
;
9-15
9-20
j
50c
8-15
8-
8-16*
37yac
8-5'
8-16-
9-15
$1
Co.
Continental
1
9-
8-20
9-
$1
.
$6
Kinney
12-11'
Society (Chicago) —
5?!o ^convertible preferred
9- 1
9- 1
9-23
25c
(Reading, -Pa.)-,——
Consumers Glass
:
5
10- 1
Sl'/e
•
"
8% preferred (quar.)——————
Consolidated Vultee Aircraft—
$1.25
8-
9- 1
9-1
9-11
1
Co.
Kingsburg Cotton
.
.; 12-11
prior pfd. ,(quar.)
•
—
Consolidated" Paper Co. (quar.)
.-—ij
Consolidated Retail Stores,- common™:
:
1,
40c
preferred C
4%%
9-
12-31
iFreeport-Sulphur-Co.: (quar.)
FroedtertiGrain.fis Maltihg," $1.20 pfd——.4
Fruehauf 'Trailer Co., common
(quar.)___
12-24
.
12-31
$1.50
(quar.).
convertible
Common
9-30
,
Holder§
-9-1
$2.95
Department
Kerr-Addison
r
9-11
$$2
(accum.)
(quar.)
Foster'Wheeler Corp.,"6%
'
90c
Consolidated Gas.Elec. Lt.- & Pow.—
J
Common (quar.)—■
.'4%
.
12-15
1
75c
class"-A''preferred (quar.)
^
9-25
9-30.
Kern
25c
Bridge Works_'__f:
Fort>Wayne'& JadkSpnJRR.'; 5%% pfd. (s-a)
Foster
Kendall
12-20
Fort Pitt
•
5%
9-16
9-15
25c
;';y'i/.7'%v'>;pi;£ife]rredyf(quaf^i!^u.-w-J-._,i------.-^ V;
8-25
8-16
1
10-
—
8-T4'
8-30
9-30
10-
When
Payable
$iy4
Semi-annual
Kaufman
.
.6% pfd. (quar.)
FitZnSimops & Connell. Dredge & Dock (quar.)
Florence Stove' :Co., -j-li-----.-..—-
9-15
1
$2'/2
'
FohS'OiRCp;"presumed) -T—4—
9-30
8-16
(quar.25c
'Florida'Power''Corp,"7% preferred
Knitting Mills, 5% preferred (quar.)
Kalamazoo Allegan & Grand Rapids RR. Co.—
8-12
9-
$iy4
Quarterly}—
FirestoneTireRubber,
;
'*••'/
10c
.__
>
9-1
m*r
share
Name of Company
Jantzen
8-12
$1V4
r:-
First 'State Pawners
8-31
62Vic
$1%
'
Works
1
'3c
Co., $6 pfd.
fy. Smelting
Corp. /
^
Fishman IM.i;H.) .Co.
-
8-12
9-15
55c
_____
_
-
9-
15c
(quar.)
Ferro "Enamel
1
—
»
(quar.)
com.
'
,
25c
(quar.)__
Mining
Federal-Mogul
a
,
Connecticut Power Co.- (quar.)
Connecticut* River-Power, '6%; pfd. :(quar.)--
"
50c
Metallurgical, $5 pfd.
^ FederaliScrew
v8-17,;:.
.
8-28
..
50c
$1*
tVa? "■
i
7
;
9-1
9-1
;
30c
,
-!.(—•,
9-
-9-1
;,
.
vSClass.B /(quar.).:
Columbia Brewing Co.
9-20
50c
Federal Grain Ltd., 6y2y<>.
preferred
Federal Lt. & Traction
8r31
.
$1,25 4
25c
i -5% rpreferred A,,(qpar.)- - 62y2c
Colorado Fuel & Iron (quar.)—
25c
Colt's Patent/Fire-Arms:Mfg;"Go. 'i—> -*•' - 75c.
■
pfd. (quar.)
of Reo.
10-1
tvt;i Common "(quar.)
_i._—;f
:>;-,5% preferred ('Sr-a)'•
;
9-13
10- 1
9-30
-
&
Farmers & Traders Life Ins.
(Syracuse, N. Y.)
Quarterly __—;—_——
Federal Bake Shops, common
8-25
9-15
10-
$1.06y4
(quar.)__
York—,
Payable
25c
.
(quar.)-:
$5.55
___
New
$4.25
Shares
$5
.
,
75c
-
Colgate-Palmolive-Peet,
Collateral
,
9-
37y2c
—.
Electric—.
9- 1
87J/2c
—
8-10
>4
^t
.
ihare
.
733
Holdere
-Extra
$iy2
.
Cleveland'Tractor
Morse
>•:.
When
preferred (quar.)
Co." (quar.)
.1
9-15
Fansteel
Special guaranteed (quar.)
Regular stock (quar.)_____
Name of Company
rr*;
Eversharp, Inc.;
Cleveland & Pittsburgh RR.—
Coast Counties
i;y;
r,:
9"
9-30
$1%
__
Per
of Rea.
9-14
30c
30c
'
Holders
When
>
•
:—
——
\
50c
$2.25
$2.25
$2
9-15
8-20
9-15
.
9- 1
8_12
11-10
11-10
11-10
Monarch Machine
Mohawk
Carpet
7%
preferred
Montreal
Moore
Loan
50c
9-
9
1
t 8-26
9-15
8-16
t$l
t$l3/4
Goods,'
9-15
8-31
%V/z
.10- 1
$iya
1-3-44
(quar.)_
;
—
Quarterly
preferred
7%
(quar.)
Diablo
Mount
Oil
9-29
;i.
9-13
9-10
■'■■<!
8-20
Phillips
8-15
Pierce
8-14
$1
pfd.
9-15
X
Co.
(quar.)—
(quar.)
National Acme Co. (quar.)——
National Auto Fibres 6% conv. pfd.
6%
convertible preferred (quar.)
National
Biscuit' Co;,
$iya
£8iy4c
Lead,
30c'T
'
6%
2c
10-30
12-20
12-
1
12-20
12-
1
Air
Brake
(quar.)—
—
Gas
Liberties
Northern
Natural Gas
Northern
Ontario
Northern
$4
& Elec.,
Water
Northeastern
8-
9
8-30
8-
9
common
—
Nu-Enamel
Paramount
$5»/2
Telephone,
11-
1
10-15
9-1
8-10
9-14
8-20
$iy4
9-
8-
6
0
9-15
1
11-15
t$l
9-15
8-13
$2ya
9-10
8-21
10-1
9-24
10-1
9-24
10-1
1
8-10
10-
1
$1
9-10
9-10
8-25
Gold
Peterboro
Peter
Paul
Petroleum
Mines
(N.
Inc.,
H.)
Rolland
Paper
Sabin
10-25
9-30
St. Joseph
$iy2
10-25
9-30
St.
2
50c
9-
1
8-20
$1%
9-
1
Rubenstein
8-20
9-
8-20
1
9-
1
9-15
87y2c
8-25
i
9-15
6% preferred (quar.)
8-12
Strawbridge
9-
1
8-14
Stromberg-Carlson,
9-
1
8-14
Stuart
9-
1
8-20
9-
1
8-20
9-1
8-20
Sullivan
9-15
8-13
Sun Oil Co.
8-16
7-15
Sunset
9-15.
8-13
9-15
8-13
9-15
8-13
1
Louis
St.
preferred
t$l3/4
1
7-30
6V2%
$iy8
9-
1
8-
7%
$1.75
$iy2
9-
1
8-15
6%
4
debenture
debenture
8-16
8%
£25c
11-15
10-15
Scott
11-15
10-15
10c
9-1
8-20
$4V2
37MiC
9-1
8-20
Scranton
25c
9-20
8-25
$iya
9-20
10-1
7-
9
$iy4
7
X- 8-25
10-15
11-
1
10-15
6%
9-15
8-16
7%
10-
1
9-15
10-
1
9-15
9- 1
8-20
Transue
Truax-Traer
v:-
9-
Lace
Oil
9-
6%
preferred
Seeman
Selby Shoe Co.
Servel, Inc.
8-31
8-24
Shattuck
9-10
1
8-20
9-
1
8-20
9-
1
8-16
9-
1
8-20
9-20
9-
t$l
9-15
8-31
9-15
9-
f;
4
8-31
1
8-20
9-20
9-10
10-
1
9-15
1-1-44
12-15
11-15
11-
5
2-15-44
2-5-44
1
7-31
8-28
8-16
9-
$l3/4
9-
1
8-11
$1
10-
1
9-15
$iy4
10-
1
10-
1
9-
8
10-15
9-21
1
8-31
1
8-20
9-30
8-31
$1
9-
$1.50
9-
1
9-25
50o
9-10
8-25
25c
9-15
9-
4
9-15
9-
4
9-
8-21
10-
1
Trinity Universal Insurance
9-
1
8-16
Tung-Sol Lamp Works
9-10
Union
8-16
com.
Inc.
8-27
1
8-11
12-23
United Biscuit
5%
12-15
9-30
9-15
12-31
12-15
(quar.)
preferred
America,
of
Gas
Corp,
Grain
9-10
109-13
United
8-30*
United
11-
1
10-20*
U.
S.
11-
1
10-20*
U. S.
RR.
J.
&
Specialities
Canal
(quar.)
(quar.)
8-21
$lVa
A 8-21
9-10
20c
$1%
25c
9-10
8-30
9-15
9-
7%
9-15
9-
1
X
»
Leather
7%
Co.,
prior
pref.
(quar.)
9-7
8-25
9-1
8-12
9-21
9-
10c
t23c
50c
25c
5c
>'
Playing Card (quar.)
Plywood, $l»/2 preferred
U. S. Potash Co., 6% preferred (quar.)
U. S. Printing & Lithograph—
6% preferred A (accumulated)
——
U.
1
8-25
8%
7-23
8-26
8-16
8-26
8-23
U.
U.
8-16
9-20
1
Rubber
S.
Steel
S.
8-20
Corp.,
1st
preferred
common
Sugar Corp.,
$5
preferred (quar.)
(quar.)
preferred (quar.)
preferred (quar)
preferred
$5
$5
A
—
6.4%
A
—
10-
Pow.
Common
Extra
6%
2nd
preferred (quar.)
Southern Advance Bag & Paper—
$7 preferred (quar)
$6 preferred (quar.)
$2 convertible preferred (quar.)
1
8-31
40c
9-15
8-21
9-15
8-12
Universal
1
8-20
Universal
25c
15c
5c
25c
* $1%
50c
$lJ/2
$1
$lJ/2
$1V2
Power,
(quar.)
preferred
preferred
6.4 % preferred
6.4% preferred
fiy2c
87yac
6%
partic. pfd. (quar.)
$6 1st pfd. (quar.)
Southeastern Greyhound Lines—
X
;
r
Carolina
7-31
7-31
6
9-1
8-16
9-15
A
8-16
9-15
10-1
8-16
9-1
10-1
9-15
10-10
9-10
8-27
8-10
9-30
9-10
10-
1
9-15
10-
1
9-15
10-
1
9-
9-15
8-19*
common
8-25
8-14
8-14
8-31
8-16
Utica
10-15
9-20
5%
10-
9-15
9-24
9-
Universal
1
9-
1
8-20
9-
1
8-20
,
Pictures,
Knitting
1
8-16
Van
12y2c
9-
1
$l3/2
9-
1
8-16
7%
.
Raalte
1st
Co.,
common
(quar.)
Tool Co.
Steel
8-31
8-21
Vanadium-Alloys
8-21
8-31
8-21
,
7% pfd. (quar.)
(quar.)
Vapor Car Heating,
7%
—
preferred
Van Norman Machine
8-31
preferred
9-21
9-24
9-10
$2y2c
;
75c
75c
$2
62V2c
62Vic
5%
Utica
9-
9-15
1
9-1
9-10
9-24
9-20
8-20
10-15
10-
1
1-15-44
1-
3
4-15-44
4-
3
7-
3
7-15-44
A
9-10
8-25
12-10
11-26
3-10-44
2-25
6-10-44
9-
1
9-15
12-
5
10-
5-25
8-14
9-
1
12-
1
1
8-28
x; 8-14
10- 1
9-27
1-1-44
12-27
10-
1
10-
1
9-21
1-3-44
12-24
9-15
Co.—
prior preferred (quar.)
prior preferred (quar.)
Knitting Co.
Utilities Stock & Bond (s-a)
1
11-30*
10-
9-~l
62l/2c
$72
(quarterly)
8%
Common
8-18
12-20
10- 1
25c
62 y2c
(quar.)__
8-25
1
8-16
$l3/<i
$l3/2
50c
Laboratories,
8-31*
9-15
40c
40c
40c
40c
Co.
Insurance
1st pfd. (final)
Upper Canada Mines, Ltd.:
Upper Michigan Power & Light—
; 6%
preferred (quar.)
6% preferred (quar.)
Upressit Metal Cap Corp., 8% pfd. (accum.)
9-
,
37y2c
(quar.)
(quar.)
A (quar.)
A (quar.)—
9-10
9-20
25c
$2
$1
$1.25
$1.25
$1.25
$1.25
6.4%
South Canada
8-
9-1
$.iya
/
common
non-cumulative
S.
$5
>
Co.,
8-31
South
9-1
9-1
50c
50o
50c
37y2c
$1.50
Quarterly
Quarterly
8-31
Works
9-10
$1%
$1%
(quar.)
preferred
S.
1
Lathe
8-10
10-1
—
10-
Bend
8-13
9-1
9-1
8-14
South
8-13
9-1
United States Pipe & Foundry Co.—
9-15
'
8-16
9-1
40c
50c
U.
37V2c
75c
25c
25c
Manufacturing Corp. (Irregular)
Sonotone Corp.
Sontag Chain Stores, common
7% preferred (quar.)
Soundview Pulp Co., common
6% preferred (quar.)
;
8-16
10-1
S.
Alsop Paint & Varnish, 7% pfd. (quar.)
Socony-Vacuum Oil Co.
8-18
9-1
58%c
S.
Solar
4
11-10
t75c
$3>/2
(quar.)
8-10
U.
(quar.)
8-20
IOC XA;9-a-x
9-1
50c
58'Ac
53c
53c
50c
50c
$27a
20c
9-15
Mines
8-20
11-15
-
1
Gold
8-10
9- 1
—_—-
8-20
U.
Smith
8-21
9- .7
£25c
t$l
1
.Siscoe
8-20
8-31
8-20
—
9-14
8-14
—
8-25
4
1
(irregular)
Co.
Co.
9-10
9-10
Co.
8-25
9-
75c
9-
Steel
9-15
9-15
25c
9-
&
8-10
9-
(quar.)
preferred (accum.)__
$7
Gypsum Co., common
9-10
Dairies, Ltd., common (accum.)preference (s-a)_
9-15
1
$iy4
10-
Saw
1
9-
8-20
Growers,
Guarantee
1
partic.
1
10-
1
common
35c
£20c
£20c
40c
1
$1.25
$l3/2
$l3/4
Simonds
9-
9-
—
Shuron
Silverwood
9-1
9-15
7-22
(quar.)
Co. (Del.)—
preferred (monthly)
preferred (monthly)
6.36%
preferred
(monthly)
6.36%
preferred
(monthly)
6%
preferred (monthly)
6% preferred (monthly)
1
Co.
9-
9-15
1
>
6% pfd. (quar.)—
Sherwin-Williams, 5% preferred AAA (quar.)
Optical
8-11
11-24
50c
*
7%
9-1
Mfg. Corp.
Shenango Valley Water,
t
9-15
United Light & Railways
10-
Sheller
9-
12- 1
1
class B common
non-cumulative preferred A
10-
Extra
9-1
8-23
class A preference
10c
X
8-11
8-16
9-
9-
preferred
$10c
(quar.)
Co.
8-10*
9-
(quar.)
United Chemicals, $3 preferred (quar.)
United Fuel Investments, Ltd.—
12-15
12-23
Car Co.
Tank
convertible
5%
—
(quar.)
8-27
10-
ynited Aircraft Products—
(quar.)_.
1——
Corp.,
-
8-15
50c
58Vac
$1 xk
(quar.)
25c
1
Shawinigan Water & Power (quar.)
Sheaffer (W. A.) Pen (quar.)
r
(Dallas)
75c
(quar.)
9-1
9-15
J1C
—
(irregular)
9-20
9-10
-
(F. G.)
common
1
9-10
$2
45c
$1
$1 '/a
9-1
41 2/3c
(quar.)
1'
9-20
10-
——
9-15
35c
8-13
9-10
(quar.)__—
Brohters,
8-20
1
1
10-
(quar.)—
Del.
of
Quarterly
Acceptance
9-
9-
8-13
9-
9
8-16
10-1
X 8-27
5%
;
50c
Securities
1
10-
8-13
1
9-
8-20
9-
1
10c
35c
50c
12y2c
(quar.)
Steel Forging Corp
1
10-
8-27
15c
(monthly)
Coal,
9-25
XX 9* I
75c
25c
6%
preferred
8-14
8-28
-
preferred (quar.)_
preferred
(quar.)—————.
5Vz%
8-25
$iy4
(interim)
9-
9-10
Co.
Co.
—
Ltd————
Edison Co., 5% pfd.
(monthly)
preferred (monthly)
Williams
9-1
;
9-
10-
(quar.)
preferred
9-
1
Ordinary registered
&
8-25
9-15
10c
Toburn Gold Mines,
$1.87Vz
(quar)—
B
Roebuck & Co.
9-15
$iya
11- 1
$1.62J/2
$1-75
debenture A (quar.)
50C
87>/2C
8-10
9-10
Paper Co., common (quar.)——..
(quar.)
Sears,
8-14
£2c
8-25
10-
$4 preferred
9
7-
9-1
$1
9-10
$3.
—
Seaboard
10-1
3iy4c
1
5%
Second Canadian Intl. Investment Co.—•
1
10-1
$1.27%
10-
6%
8-14
9-15
,10c
Corp. (St. Louis)
(quar.)__
Tobacco Securities Trust Co., Ltd.—
Co.,
8-14
8-25
$2%
Insurance
preferred
8-14
1
9-15
(s-a)
7%
8-25
£15C
35C
Title
Co.—
9-
$$iy4
35c
9-10
Trane
1
9-
8-31
(quar.)
preferred
I
Association—
——-——
(quar.)
Oil
10-
Toledo
8-14
9-
>• 50c
common
convertible
9-1
35c
$1%
Timken Roller Bearing Co.
6%
(quar.)
D
debenture C
7l/2%
Power
Associated
Roofing,
$1.40
8-16
1
(quar.)
8-31
Company—
(s-a)__.
preferred
£$l3/4
J50c
Tilo
1
25c
(quar.)
11-15
Quarterly
——L—373/2c
Quarterly L-k-LL—
■ ZV/zC
9-
1
8-16
8-10
9-
8-16
$5 preferred
1
United
&
Oil
&
9-15
United
8-30
T--»
$l3/a
;
8-18
1
8-23
$3 convertible preferred (quar.)
Thompson Products, common
$5 prior preferred (quar.)
9-1
8-18
8-30
9-
10c
ilOc
Pacific Coal
Thermatomic Carbon,
Water
8-14
8-30
8-15
Texas
9-23
8-16*
1
8-16
(quar.)
Therraoid Co., common
10-14
1
9-
10c
8-13
9-14
12-17
9-
A
1
Producing
10-20
8-19
12-31
4
8-23
—
1
1
9-16
9-
(interim)—^
Mines
1
9
9-30
75c
Gulf Sulphur Co.
9-
9-
25c
—____________
Gold
4'!'
9-13,
40c-
(quar.)
common
■
9- 1
Electric
Corp.,
9-
t$iy2
50c
50c
$1.75
50c.
$l»/a
$3
(quar.)—_
7%
Remedial Loan
Industrial
-'9-'
(irregular)
Gulf
10-
.* 9-13
30c
50c
.
ctfs. (quar.)
Texas
12-1
B
;
.-
common
10-25
$iy2
> $iya
(s-a)
Class
(quar.)
11-
'
9-20'
10-1
60c
37J/2c
Telephone Bond & Share—
7%
1st pfd. (accum.)__-L--._--.LL-—
Terre Haute Water Works, 7% pfd.
(quar.)
9-15
Savannah
Co.
Extra
12-15
Francisco
—
Sylvania
9-30
8-16
8-16
25c
.
7-23
1
9-15
9-15
>
25c
tic
$1
10c
—
Syracuse Transit Corp.,
25c
San
(quar.)
9-10
8-25
10-
,
8-16
50c
Swift International Co., Ltd. dep.
2
9-15
£25c
Co.
9-10
8-16
8-20
9-15
10- 1;
$20c
(quar,)
—
(irregular)
9-10
X 9- IX
1,
8-16
8-20
$25c
participating preferred
8-27
v
"
$lJ/2
$1%
(quar.)
Machinery
&
^
■
(quar.)
6V2% preferred
Co., Ltd.—
Oil
A.)
pfd. A
Superior Tool & Die (quar.)
—
Oil Corp, common
6%
preferred (quar.)
25c
1
9-
A
6%
Clothier,
&
Swan-Finch
Swift
9-15
x10- 1:
25c
I2y2c
.
(D.
(irregular)
and
(quar.)
Oils, Ltd. (irregular)
Superior ?Oil Co. (California)—
9-20
9-15
40c
—.
Co.,
Service
Public
Class A
10-
50c
pfd.
(quar.)
Inc.
Paper
,
y
i
Common
Tide
Lead Co.
2nd
$25c
20C
;
Corp.
Extra-
-
W- Class A and Class B (irregular)
8-14
9-15
9-
.
Extra
Furniture
$iy2
(Helena)
Robbins
3%
8-20
9-10
9-30
t$iy2
A
—
1
V
1
$iy4
$iy4
y 750
$1
12J/2c
preferred (quar.)
$23/2
25c
50c
50c
50c
pfd. (quar.)
L.—
Joseph Water, 6% preferred (quar.)—
Louis Bridge, 6% 1st preferred (s-a)
St.
8-26
9-30
(quar.)
(quar.)
;v: 9-
'
20c
25C
(quar.)
Exploration
1
•
Texas
-.Li-—
6%
Ltd.,
Co.,
Roos Bros. Inc.
8-
20c
Extra
Pfaudler Co.,
8-16
$$l3/4
(s-a)—:
8-9
t25c
(quar.)——
preferred D (quar.)
6% preferred C (quar.)
8-28
15c
RR.
8
873/2c
6%
9-13
(quar.)
(quar.)
9-
;
$4ya .preferred^ (quar.)
< ;■
$iys
Republic Insurance (Texas) (quar.)
30c
Repu blic Investors, Fund, Inc.—
6%
preferred A (quar.) ——15c
6%
preferred B (quar.)
15c
Rheem Manufacturing Co., com. (quar.)
25c
Rice-Stix Dry Goods, 7% 1st pfd. (quar.)—
$l3/4
7% 2nd preferred (quar.)
$l3/4
Rochester Button, $iy2 conv. pfd. (quar.)„
37l/2c
Rochester Gas & Electric, 5% pfd. E (quar.)
$iy4
9-25
40c
(quar.)
(quar.)
Pennsylvania Electric, 5.10% pfd. A (quar.)
Pennsylvania-Central Airlines Corp.—
$iy4 cumulative conv. preferred (quar.).
Pennsylvania State Water, $7 pfd. (quar.) —
Pennsylvania Water & Power, com. (quar.)
$5
preferred (quar.)
Peoples Drug Stores (irregular)
Peoples Gas Light & Coke Co.
L
Peoples Telephone Corp., 4% % preferred „
Peoples Water & Gas Co., $6 pfd. (quar.)..
class
Storkline
25c
9-3
50c
cumulative
8-25*
9-15
u
1
9-
9-
I
9-
5%
,5% preferred (quar.)__
Sterling Drug Incl (quar.)
Stonega Coal & Coke (irregular)—
—___—..—_—
Co., 6y2% preferred (accum.)
Rand, Inc., common (interim)—
Remington
9-10
$1%
cumulative class A
Perron
9-3
10-
(quar.)
$1.40
8-19
8-19
1
9-
;
'
Stecher-Traung Lithograph,
5%
;;
;
Extra.;
8-14
i;
t$2
$1%
50c
25c
..
8-23
preferred (quar.)
preferred
non-cum.
share)
9-
12-
$1.60
1
9-1
—
.
of
9-1
40c
t$1.62ya
9-8
30c
$1.40
—
.
50C
37J/2c
common
8-24
4
Wholesale Phosphate & Acid Wks.—
8-31
Quebec Power Co. (quar.)
Corp of America—
/'
•
$33/2 convertible 1st preferred (quar.)—_
Railway Equipment & Realty—
$6 preferred (accum.)
Rath Packing Co., 5% preferred (s-a)—
Rayonier, Inc., common (quar.)
$2 preferred (quar.)
———
Reading Co., 4% non-cum. 1st pfd. (quar.)
Second preferred (quar.).
Regent Knitting Mills—
$1.60 non-cum. preferred (quar.)
25c
preferred
(quar.)
Patterson-Sargent (quar.)
Peck Stow & Wilcox (irregular)
Common
9-
9-
A 40c
.
Quarterly lw-
9-20
-
Radio
$l3/4
$iya
t$iy2
1 I
,
9-15
8-20
1
9-
Standard
25c
8-27
9-
a 8-14
$iy2
9-10
30c
7%
Peninsular
8-20
8-21
9-15
,
-
;c 8-21 xl
1
Tech-Hughes
9-15
Bakeries Corp.
Mfg. Co.
6%
preferred
(quar.) V
preferred (accum.)
63/2 %
Tampax, Inc.
Quaker Oats Co.,
.8-16„
common
common
v
5
1
10c
fAA
8-
Quaker State Oil Refining
1
(quar.)
Ltd.,
Co.,
8-20
10-
9-10
40c
Oil, of Indiana. (quar.)
8-28
9-16
9-
(quar.)
Parker Rust Proof Co.
Mfg.
1
9-
$1V8
(quar.)__
«'■
8-31
1
$1
8-16
8-31
9a
Extra
.
9-15
10-
11-
1
preferred
Standard Steel Spring-—
Stock dividend (l-20th
20c
Pyrene
«
9-
Standard
f
9-15
12-15
——
Purity
8-
8-16
9-30
8-16
•;
—_——
8-14
1
10- 1
9-15
12-15
I
I
8-
8-26 ;
.
10-
9-
r
8-20
$iy2
25c
9-
9-
1
1
8-28
$i.27ya
9-
Fuel,
10-
$30c
40c
preferred (quar.)
(increased quar.)
Parker-Wolverine
9-
.
623/2c
,
convertible
cum.
$l3/4
8-31
Parker Pen Co.
Paton
8-23
10-13
—
Standard Natl. Corp. (N. Y.) 7% pfd. (final)
Standard Oil of California (irregular)
$1V4
50c
9-15
1
Standard
10-15
25c
$iy4
$1.60
8-20.
$4V2
10-15
$5 prior preferred (accum.)
—
Pullman, Inc..———.—.-.——.—------.-.
Pure. Oil, 5% preferred (quar.) _—____•
6% preferred (quar.)
—._
4
8-20*
Brands,
$2
8-13
50c
& Reel,
Parkersburg Rig
8-31
$1.50
.,.
;
$1%
8-26
(quar.)
Pictures
(Detroit)
;9-20-
——
8-13
Machinery
Mfg.
_
1
7y2c
:
—
Pacolet
(quar.)
Quarterly
•
10-15
__*
1
15C
pfd. (quar.)
Ogilvie Flour Mills common
(quar.)
7% preferred (quar.)
——_
Ohio Power, 43/2% preferred (quar.)
Ohio River Sand Co., 7% preferred (accum.)
Okonite Co., 6%
preferred (quar.)
Ontario Steel Products, Ltd., com. (interim)
7% preferred (quar.)
Oshkosh B'Gosh, common (quar.)
$iy2 preferred
(quar.)
Otis Elevator Co., common (irregular)
6% preferred (quar.)
Ottawa
Electric Railway
(quar.)
Ottawa Light Heat & Power, com. (quar.)
5% preferred (quar.)
Oxford Paper, $5 preferred (accumulated)
Paauhau Sugar Plantations Co.
(increased)
Pacific Mills (quar.)
Package
(quar.)
1
—j
Light & Power, 6%
Corp.
(quar.)
$1.75,
10c.:
$1%
$1%
37y2c
41 2/3c.
50c
58 l/3c
$lJ/4
50c
50c
9-
50C
v
Class
9-
tl2c
Co.
Co.
Pharmacal
Norwich
Standard Accident Insurance Co.
8-31
25c
9-
50c
—
Nova Scotia
8-19
9-15 :v
70c
75c
$iy4
$5c
$iy2
$iy4
50c
(quar.)
1
10-15
50c
1
t$l3/a
£75c
$iy2
$13A
(quar.)
preferred (quar.)
——
Northwest Airlines, Inc.
Northwestern Public Service, 1% pfd. (quar.)
•>: 6 %
preferred (quar.)
i
—
Northwestern Utilities, 6% preferred (quar.)
Norwalk Tire & Rubber, common
preferred
9-
of Colorado—
Co.
8% preferred, (quar.)
Puget Sound Power & Light—
25c
6%
7%
Spiegel,
8-
10-15
$1%
1
preferred A (quar.)
preferred
8-30
._
(quar.)
(s-a)
Power,
6
1
8-31.;
9-15
$1%
(quar.)_
Kellogg & Sons (irregular)
Inc. $4.50 conv. preferred
9-
com.
7%
9-17
9-30
$ij/2
$1
75C
pfd.
Spencer
8-16*
8-14
$2
9-
(accum.)
(quar.)
6%
71%C
!
_.
1
9-16
1
9-15
$1
(irreg.)
'quar.)
Spear & Co., $5'/2 1st preferred
$5y2 2nd preferred (accum.)
10-
;
9-30
9-
35c
(quar.)
$1.25
IndiSha
of
Co.
9-17
$1MJ
.Y.)
Service
9-30
dividend) one share of Pa¬
cific Gas & Electric for every one hun;V dred shares of North Amer. Co. held—
(N
8-11*
Mills
(Dallas)
Ins,;
Standard
Co., 5% preferred (quar.)
$iy2
Co.—
River Insurance
Spartan
Life
$iya
6%
Public
Common (stock
North
Spalding (A. G.) & Bros., $1.50 pfd.
Standard Cap & Seal, $1.60 conv. pfd. (quar.) y
Standard Dredging Corp., common
(quar.)
9-17
7%
$iya
53/4% preferred (quar.)
6% preferred (quar.)
North Pennsylvania RR. (quar.)
1
Southwestern
9-
30c
$1.37Va
$1.50
___
9-30
———
(quar.)——
1st
North American
9-
10-22
8-16
10c
8-12
(quar.)
Gamle
&
cum.
6%
<
preferred A (quar.)
$6 1st preferred B (quar.)
$6
1
,
Reliance Grain
•
Norfolk & Western Ry.; common
North American Car Corp.—
9-
;
.
8-16'
1
(quar.)
pfd.
9-15.
1
(quar.)
pfd.
8-16
9-
3
10-22
1
£25c
f
Royalty
Southland
8-16
1
1
9-
.X 30c
$1JA
*____
non-cum.
8-16
1
9-
-
5%
X
—;
5Va%
1
11-
$iya
preferred A (quar.)
Wire Weaving Co. (quar.)
Nineteen
Hundred Corp.—
Class A (quar.)
6%
Mines
9-
50C
Niagara
5%
5%
.
$iy4
(quar.)
non-cum.
Noranda
9-10
——
York & Queens Elec. Lt.
$5
9;
;
Co.,
8-20
4
8-20
9-
25c
Co.
Railway
8-11*
9-
of Rec.
9-15
3iy»c
(quar.)
Gas
Line
Pipe
pfd.
1
(resumed)
Co.
Food
preferred
Public Service
8-18
50c
& Pow., com.
preferred (quar.)
New York State Electric & Ga». Corp.—
5.10% preferred (quar.)
Niagara Share Corp. (Md.)—
New
Natural
-
:>
37J/2c
Water, 5%
(quar.)
9-
-
preferred (monthly) ———„—__—
preferred (monthly)
preferred (monthly)
Service Corp. of N. J., $5 pfd. (quar.)
preferred (monthly)
preferred
(monthly)
37MiC
Dock-
Power Co.,
Proprietary Mines, Ltd. (irregular)
Public Electric Light, 6% preferred
:
1
9-15
50c X.v
preferred
convertible
York
Southern
I
preferred (quar.)
Corp. of Canada, 6% 1st pfd. (quar.)
non-cum.
partic. preferred (quar.)—
Public
9-30
9-
(accum.)
Ogdensburg Ry., guaranteed
Procter
;
___
Common
$5
Southern
1
'
,l
Prentice-Hall Inc., common
10-20
60c
(quar.)
Newport News Shipbuilding & Dry
New
Pratt
$3
50c
6% preferred (quar.)—.
(quar.)
5% pfd. (quar.)
Neisner
Brothers
(quar.)
Neon Products of Western Canada
(irreg.)
New Amsterdam Casualty Co. (N. Y.)
Newberry (J. J.) 5% preferred A (quar.)__
Mining
3
9-10
California
preferred
10-
;LLLLL
$1%
■
Power,
Zinc Co.
Corp.
8-31
10-16
8-20
—
preferred
Jersey
6%
10-16
1
1
9-15
$iy8
i2y2c
—
Neiman Marcus Co.,
New
Power
8-13*
9-15
11-
11-
25C
—L*■
Newmont
9-10
$iya
'
Common
6%
8-18
v.
9-10
$iy2
••
9-
6%
Payable
,
$iy4
$4.123/a
(quar.)-.L.__-~_
(quar.)
class A
Co.,
Potomac Elec.
$2 Mi
prior pref. (accum.)
5V2%
1
8-31
$1%
prior preferred (accum.)—
—
$2.10 preferred (accum.)
National Union Fire Insurance
(quar.)
7%
9-
10-15
&
Portland &
.
8-10
■
—
6 %
Nebraska
8-15
25c
1
Extra
11-10
20c
Machinery Co
National Supply,
3
When " Holdere
■
3.7'/2c
(quar.)
75c
Steel, 53/2% prior pfd. (accum.)
Youngstown & Ashtabula Ry.—
preferred
Poor
X ;>8-10
1
1
25c
75C X
common
National Rubber
1
7%
...
_.
preferred A (quar.)
preferred B (quar.)
7%
8-12
9-
9-
.
$1%
(quar.)
National Electric Welding Machine (quar.)
National Erie, 5% non-cum. 1st pfd. (s-a)__
3% non-cum. 2nd preferred (s-a)
National
12-16
'
•;*;
preferred (quar.)
Southern
8-10.
Edison—
B
25c
-
preferred (quar.)
Pleasant. Valley Wine Co.
Pollack Paper Box Co., 7%
X
X 9-10
,
12..
25c
>
A
National Container Corp.
$4Va
Pittsburgh
8-25
50c
Gypsum,
(s-a)
Pittsburgh,
12-28
15c
$3 convertible preferred (quar.)
National Cylinder Gas. Co. (quar.)
National
8-14
8-20
X 9-28
:
.
15c
(quar.)
(quar.)
A
California
preferred
9-30
30c
—
7%
50C
common
1
1
r
■>7%
Class
:
Pittsburgh Coke & Iron, $5 preferred (quar.)
8-21
9-
$iya
preferred (quar.)
——
National City Lines, common (quar.)
Common
1
9-
9-
50 c
Bearings
National
Co.
Governor
9-1
75c
$l'/2
Utilities, 6J/2% pfd. (quar.)
Metals, common (quar.)
Nanaimo-Duncan
.
$2
A
(quar.)_
preferred
preferred
6%
M
t
9-1
Muskogee Co., 6%
6%
•6%
9-
10-
50c
50c
$1.75
__
(quar.)
preferred (quar.)
Muskegon Motor Specialities, class A (quar.)
Mutual Chemical Co. of America—
C.)
(G.
preferred (irregular)
Petroleum Co. (quar.)—
Hosiery Co., 7% 1st pfd. (accum.)
Phoenix
1
Per
:-;» share
u*
•'
o>
$1.75
(quar.)
Water Works, 8%
'
v
Participating
■'
Southern
8-20
.-v,
-
X X. ."; Name of Company
a.
9-30
20c
$iy2 '
—
Pillsbury Flour Mills
Pittsburgh, Bessemer & Lake Erie RR.—
20C
& Development-
preferred
Murphy
common
$lJ/4
Quarterly
Muncie
Water,
Suburban
8-14
.•■.
8-17
9-
50c
6% preferred (quar.)
______
Philadelphia Transportation—
9-21
i.'
'
$1V2
$1
com.
8-30
,
Southern
——---
10-1
Mullins Manufacturing Corp.—
7%
—-——'
Philadelphia
—
(quar.)
Mining
Motor Wheel Corp.
* Extra
.
25c
—
preferred (quar.)
$5
-
—
$1%
_
(quar.)
common
:—
:
■____
Philadelphia Suburban Transportation,
8-26
11-25
Consolidated—
Cafeterias
Morrison
Motor Finance,
1
9-
$i
(initial)
preferred
Quarterly
1-3-44
12- 1
$1
Society (quar.)
Morris Plan Industrial
•
(s-a)
"Philadelphia Electric Power, 8% pfd. (quar.)
Phila.
Germantown
&
Norristown RR.—-
1
10-
$1
-
8-16
9-15
pfd.
common
9-10
9-10
\
; A-
.v.,:
of Reo.
Payable
35c
40c
25c
30c
25c
50c
'
____
non-cum.
Holder I
When
.»
'[*[;■thare
■
_______
Electric Co.,
Philadelphia
£31 Vac
(quar.)
Mortgage (quar.)
Dry
Phelps Dodge Co._.
Philadelphia Co., 5%
8-24
9-
(quar.)
(Charles)
Pfizer
8-21
1
,;v' Per
Name of Company
of Reo.
34 %c
;
&
R.)
(Wm.
Quarterly
,
Mills
9-
75c
Society, 51/a7» pfd. (quar.)__
Cottons Co., Ltd.,
com.
(quar.)
Montreals
Payable
!_—
Tool
Loan
Monroe
When
thare
v
.v
Holdere
Per
Name of Company
L;
;
Monday, August 23, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
734
—
—
$1
40c
50c
$1.75
25c
$1
$1.75
$1.75
9-
7
8-28
9-
1
8-21
9-
1
8-20
9-
1
8-20
9-20
9-10
9-
2
8-13
9-10
9-
1
12-10
12-
1
Volume
};
'•
THE COMMERCIAL & FINANCIAL
Number 4205
158
q ';■
7 /*7 •+;■■'.V7' Per
iX''v:i:.;.Name of Company
~ --T'.+v'• ihare
7
Veeder-Root,
Viclc
/
.
Inc.
Chemical
Co.
(quar.)
Vicksburg Shreveport & Pacific Ry.—
Common
5%
7 When Holderi
J Payable of Re c.
9-15
(s-a)
.'
preferred
preferred
(quar.)
6%
Vulcan
(quar.)
9-20
9-10
10-20
10-9
.__
common
preferred (quar.)
Wacker-Wells Building
Extra
.
.____>■'
__
Detinning Co.,
—.I
.
Wagner
Electric
Waite Amulet
Walker
(H.)
$1
15c
■
____
-
Wesson Oil & Snowdrift, $4 conv. pfd. (quar.)
West Canadian Hydro-Electric Corp.—
preferred
Sugar, common
preferred (s-a)
^'
;
participating
Westmoreland
Inc.
(George)
Electric
6%
securities'
8-14
Products,
(quar.)
preferred
___
Williamsport Water, $6 preferred (quar.)—
Willson Products, Inc. (quar.)
Winstead Hosiery, common
(quar.)
9-10
8-27
9-
8-10
10-15
1
10-15
10- 1
9-10
$1
11-
_______—25c
(quar.)
.
_
________
Reserve with Federal Reserve Banks
40
+
of accumulated
account
in
tPayable
+
71
526
+
11
2,222
+
5
deposits
5,851
+
•>
+4,133,092
750,727
•
.
8,155,675
8,185,113
—168,140
,
—161,661
.
;
,
+4,707,576
;
+4,719,126
127
v;
notes of other banks
80
+
62,438
68
+
1,705,955
premises
+
+184,835
34 276
+
.
533,556
38,631
assets
—
64,298
assets
+
1,351
+
—
3,666
+4,943,696
30,509,935
—
1
1 770
—
15',580
14,625,583
+103,189
+4,702,503
12,659,568
+203,764
+
99,080
1,148,042
—196,386
—124,099
239,516
14,146,206
U. S.
Treasurer—gen. accts._
Foreign
Other
—
31
553
—
Total deposits
Deferred
availability items
liabs., incl. accrd. divs..
Other
+
7,270
31
+
739
169
+
3,282
+
—
Domestic
banks
8,652
/■
Foreign banks
21
48
50
+
90
11
+
+
10
+
779
Borrowings
+
24
Debits to
demand deposit accounts except
interbank and
U. S. Gov't accounts,
during
q
6,725
—
140 698
+
233,708
—139,638
—
189,708
—256,359
1,305,314
—
89,973
+149,276
+
281,836
5,539
—
7
+
1,989
30,082,642
—
3,901
Capital Accounts—
10,578
■
.
149,028
Surplus
7)
13b)___
+
V
2,909
3,666
—.
48
+
229
+
30,509,935
to deposit to
F, R. note liabilities combined
3,882
+
+
91,025
Total liabilities & cap. accts.
total
6
+
26,829
Other capital accounts
Ratio of
+4,896,355
,
160,411
(Section
40,502
+4,943,696
.
res,
Commitments
week
___—
Capital paid in_____
Surplus (Section
+
12,313
make
to
71.1^
+
.3%
*—
15.0%.
—
6,413
indus¬
trial advances
334
„
Foreign Exchange Rates
8-20
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank is now cer¬
9-10
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
We give below a record for the week just passed:
q
■:k
8-21
9-11
9- 1
world.
.
FOREIGN
EXCHANGE
RATES ; CERTIFIED
9- 4
9-15
12-15
BY
FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
AUG. 13
12- 4
TO AUG.
19, 1943, INCLUSIVE
Canadian
15%;
tax,
Noon
Country and Monetary Unit
funds,
tax
7%.
resident tax,
deductible at the source.
Non¬
a Less British income tax.
$71,000,000 in New York City and $73,000,000 at
Rll reporting member banks.
Holdings of Treasury bills declined $99,000,000 in New
York City, $47,000,000 in the Chicago District, and $124,-
Aero Supply Manufacturing Co.,
profit
after charges and Federal
rengotiation—.-—
effect
1943
.*328,128
t647,839
for the first
close of the
qx.qq.'qqq:q--:
tThe net profit after provision for
2442.n
orders
at
'
_
Aircraft
close
.
Accessories
"
,
of
totaled
$16,508,500—V.
Official
.251876*
.251876*
.251876*
3.228000
Aug. 19
$
3.228000
$
.060586*
.060586*
3.228000
3.228000
.051275*
■
.060586*
.060586*
.051275*
.051275*1
.060586*
.051275*
.051275*
.909090
.909090
.909090
.906875
.906875
.906875
.906875
.906875
.907500
.572766*
.572766*
.572766*
.572766*
.572766*
—.572766*
4.035000
4.035000
.909090
:
4.035000
.909090
4.035000
.909090
4.035000
4.035000
India(British); rupee
.301215
.301215
.301215
.301215
.301215
.301215
Mexico, peso________Newfoundland, dollar—
.205750
.205750
.205750
.205750
.205750
.205750
Official
.909090
—
Free_________
Uruguay,
.909090
.904375
.
.
New Zealand, pound_—__ii___+__-_+___-—4
Union of South Africa, pound:
.909090
.904375
3.244203
3,980000
.909090
.909090
.909090'
.904375
.904375
.904375
3.244203
3.244203
3.244203
3.244203
3.244203•
3.980000
3.980000
3.980000
3.980000
3.980000
:
.658300*
.658300*
.658300*
.658300*
.658300*
.658300*
.528075*
NoncontroUed
.528075*
.528075*
.528775*
.529025*
.529050*
♦Nominal rate.
INDUSTRIAL
-
The
Interstate
Commerce
Postponed by ICC—
Commission
Court
The
157,
Con¬
and
with
the
hearing is
Commission
postponed
an
until
entered
opposition
further
Net
of
reorganization.
of
the
Commission.—
>
1943
Sales
$2,114,620
$2,126,053
$1,532,730
1,463,5131,368,311
sales
(less
Freight
1,170,126
Co.
Net
1943
(of
Del.)
returns)
-
1942
(&
1941
$34,905,559 $32,204,776 $27,359,788
outward,
cash
discount,
compensation, etc
agents'
Prov.
1941
Chemical
Years Ended June 30—
sales
loss
Depreciation
Depletion
Addition
5,029,296
57,408
insurance
reserve
588,047
41,221
28,138
45,293
plants
mines
577,848
53,456
receiv.
3,137,777
181,782
589,741
expenses-'
doubtful
19,632,060
2,902,133
39,834
36,293
$3,723,716
admin,
on
of
of
to
5,095,069
22,641,313
&
gen.
for
4,892,500
$30,013,059 $27,109,706 $22,330,492
sales
of
Selling,
1942
Agricultural
Subs.)—Earnings—
Cost
Co.—Earnings—
sales
of
plan
order
MISCELLANEOUS
-
American
order
an
154, 452.
American Box Board
Cost
vert to Common—
has
post¬
poning the hearing before the Commission on the Alton reorganization
which was scheduled to start in Chicago on Sept. 8.
The purpose of
the adjournment, it was stated, was to permit the trustee for the Alton
properties, Henry A. Gardner, to draw up and file with the District
6 Months Ended June 30
Holders
INSURANCE
-
$3,499,185
$1,426,514
104,592
16,853,611
3,118,471
279,419
'
preferred stock which the
board of directors called for redemption as of July 30, 1943, all of the
stock was converted with the exception of but 125 shares, which were
turned in at the redemption price of $9.90 per share, plus all accrued
and unpaid dividends, Randolph C, Walker, President, announced on
Aug. 16.—V. 158, p. 354.
Out
of
the
shares
21,519
of
convertible
Gross
profit
A
dividend
payable
$1 50
as
of $2
Sept.
each
follows:
on
15
March
15, $3.50.—V.
per
share has been declared on the common
16,
15
154, p. 49.
$362,604
216,850
176,926
Net profit on sales
Miscellaneous income
302,102
87,750
Dr891
V: 10,166
25,767
Net prof. bef. prov. for Fed. taxes
$4,024,927
$3,597,101
$1,556,873
taxes
*1,700,000
1,795,000
435,000
adj. and conting.
300,000
$1,802,101
910,440
$2.87
$1,121,873
Foreign
!
Operating profit
Interest
on
debentures
Federal
war
tingencies
:.
1
i
■
income
taxes
and post-war con-
33,131
28,252
28,391
Prov. for Fed. inc. & exc. prof,
294,641
313,707
50,061
Prov. for post-war
•
40,000
$87,159
$158,933
$107,226
$0.72
$1.01
$0.58
"
♦Earnings
*On
per
121,363
Net
-.34,800
—
income
:
common
common
share
shares
(net)
fluctuations
$185,678
-
Net
exchange
$540,892
sundry
,■
for
Provision for
(
$449,731
less
income
.(
stock,
of record Sept. 4.
This compares with
and June 15, last.
Payments in 1942 were
June 15 and Sept. 15, $1.50 each, and Dec.
holders
to
March
$2 Dividend—
$757,742
201,376
Selling and administrative expenses
Provision
Alexander & Baldwin, Ltd.—To Pay
$651,107
($1 par).—V.
156,
p.
597.
111
profit
paid
$2,024,927
1,067,547
$3.22
-
Dividends
"
Earned
per
♦Includes
$80,000.
com.
excess
share
profits
.
tax
of
.
$800,000
less
'
.905000
peso—
Controlled
'
Corp.—Preferred
.297733*
.251876*
3.228000
.051275*
;
Free_______
Colombia, peso-___>._-+_:___-__—-_
England, pound sterling-.-
V. 158, p.
renegotiation was $182,939.
June
,>
Alton RR.—Hearing
taxes
the renegotiation law on the operations
cannot be definitely determined priod to the
Note—Unfilled
.297733*
.251876*
.060586*
;
PUBLIC UTILITY
1942
$7,885,130
of
.297733*
Corporation and Investment News
1943
$10,178,635
;
.297733*
Canada, dollar-
Inc.—Earnings—
6 Mos Ended June 30—
but before
-
Aug. 18
.297733*
3.228000
—
Money
Aug. 17
$
,251876*
;
States
Aug. 16
$
.297733*
Official
clined
RAILROAD
Aug. 14
$
Free___—
General
in United
Value
Aug. 13
Argentina, peso—
Brazil.cruzeiro—
Commercial, industrial, and agricultural loans in¬
creased $11,000,000 in New York City, $9,000,000 in the
Chicago District, and $36,000,000 at all reporting member
banks.
Loans to brokers and dealers in securities de¬
sales
Buying Rate for Cable Transfers in New York
dividends.
weekly reporting member
banks in 101 leading cities shows the following principal
changes for the week ended Aug. 11: Decreases of $124,000,000 in holdings of Treasury bills and $169,000,000 in
United States Government deposits.
p.
4,705
—
..
I
891
+
Interbank deposits:
9-20
;• The condition statement of
of
securities,
guaranteed—.
Member bank—reserve acct..
533
__
50
+
5,171
Australia, pound
half
.
8-26
Member Bank Condition Statement
year,
Govt,
Total liabilities
33,796
—
Free
♦The
.
Liabilities-
Official
Net
%
____
S.
171,538
Deposits:
242
—
—
8,776
Balances with domestic banks
Jamaica Income tax.
'Transfer books not closed for this dividend.
Net
723,400
—161,661
and
—
30%
Less
resident
q
q
U.
2,056
v!..
1,475,348
direct
—
s
8-10
9-15
—
q
,
,
+.'::q.q--d':
F. R. notes in act. circulation.
-
Cash In vault
8-31
9-15
.
196
13,606
+
Liabilities—
4,877
1,803
8-11
10- 1
,
—
1,091,700
Total
2,039
+
2,919
8-20
—
——
+
57
Obligations guaranteed by U. S. Government
9-10
.
18
+
U» S. Government deposits.
1
40c
+
Other securities
Time
9- 3
9-1
10- 1
10- 1
9- 1
10- 1
10- 1
11,491
1,595
—
6,283
2,049
•
9-20
10-
(quar.)
—
4,890
*
9-11
15c
—
—
direct
Uncollected items
413
—
16,049
-■
—
9-15
25c
—___________________
—
Demand. deposits-adjusted
8-16
17,947
15 202
+
/+;
4,865,227
Total
9-15
9-20
357,152
—
6,283
—
Certificates
6,175
4
securities,
guaranteed:.
Other
7,581
U 9- 4
8-
Govt,
Bank
Treasury^ certificates of, indebt'edness____-
10- 1
10- 1
9- 1
10- 1
,10- 1
10- 1
10- 1
10-1
9-1
9- 1
9-10
11-1
21,779
discounted
Notes
16
+
9-1
9-15
79',762
Bills
q::;
79
+
+
8-31
8-31
XVfoc
Wrigley (Wm.) Jr., Co., common
50c
Wurlitzer (Rudolph), common (irreg.)—
25c
7% preferred (quar.)_
,—$1%
Yale & Towne Mfg. Co.
15c
Youngstown Sheet & Tube, common
—
50c
5'/2% preferred (quar.)
^
$l3/a
Zeigler Coal & Co. (irregular)
25c
Zion's Cooperative Mercantile Institutions—•
Quarterly
50c
Quarterly i
____________
——
50c
tOn
17
+
18
9-15
Wool worth
.
3
:
—
—124
$1
8-10
bills
Bonds
31
1,269
$1
$1
■■Extra-
x
53
tlr S. bonds^___:
$1%
$l'/4
75c
$1
$1 Vst
20c
$1V2
«
—
(F. W.) Co.
Wright-Hargreaves Mines
—•'
;
4,114
Treasury notes
;
60993
+
"
17,947"
Total bills and securities.—
from foreign banks
5
8-23
1
S.
F. R.
—
1,151
^
,
8-10
$l1/2
$1
$1%
(quar.)
(quar.)
Extra
Loans' to banks-
8-14 '
8-19
+
5,305
i
Due
.-371
,
Real estate loansr«i»-—•
35c
(quar.)——
U.
.985
; Other loans
9-15
3,028
—
*20,453,373
'
''
•
Total bills discounted
Industrial advances ;
carrying
or
;
8-20
12- 6
9-15
—
Wilkes-Barre Lace Mfg. Co._____
Woodward Governor Co.
purchasing
—
50c
(quar.)
(quar.)—
loans for
Other
25c
.
(Wm.) 7% preferred (quar.)
Stores, $5 prior preferred (quar.)
preferred
'
reserves
497 907
—
+
—
.
Secured by U. S. Gov't obll-
'
Loans to^ brokers and dealers In securities
.
-
8-16..
74,985
Aug. 19, '42
.
19,502
—
328,676
gations. direct & guarant'd
1,099
—
20,049,712
notes
or Decrease sinre
Aug. 11, '43
5,714
25c
Instrument
Chlorine
Wiser Oil Co.
,8-15
+ 13,296
28
—
Aug. 18, *43
J
and
Treasury
Bills discounted:
v
agricultural
loans
8-2
55
—
9,543
25c
$20c
—
.Total
8-12-42
8-15
;
______
(quar.)
Ltd.
Wheeling Electric, 6%
Wiebolt
'
11-15
Investments-—total__—* 46.899
Commercial, industrial, and
9- 1
9-19- 3
-
_
Whitaker Paper Co., common
7 % preferred (quar.)
_
Whitman
Loans and
8-4-43
8-11-43
-
-
Loans—total
11-15;7:
9- 1
12-16
9-30
q-25c
Coal—-
.
8-14
5
8-31
-
r
Increase ( + ) or
Decrease (—) Since
.
+.
J
hand
cash
and
8-14
on
U. S.
Redemption fund—F. R.
Other
of dollars)
8*10
Assets—7
from
Other
(In millions
9- 1
43%c '
(quar.)—__A—.
due
,
8-14
,
Gold
of the principal assets and liabilities of
reporting member banks, and of debits to demand de¬
posit accounts, follows:
1
7/
Treasury bills
"
-——
——
preferred
Westmoreland
bonds increased $19,000,000 in the
District, $12,000,000 in the Cleveland District,
and $57,000,000 at all reporting member banks.
Demand deposits-adjusted increased $39,000,000 in the
Chicago District and $50,000,000 at all reporting member
banks, and declined $57,000,000 7 in New York City.
United States Government deposits declined $94,000,000
in New York City and $169,000,000 at all
reporting mem¬
5-14
Increase
.
^-ssets~,
certificates
Government
j
(irregular)
Westinghouse Air Brake
Westinghouse Elec. & Mfg., common—_—
Westvaco
'
Steel Foundry—
Western Auto Supply Co.
Western Grocer Co. (Iowa)
Weston
'
8-14
8-31
,9-1
,
(In thousands of dollars)
«
Richmond
A summary
8-14
Reserve Banks Combined
+
8-10
,
8-31
#
Statement of Condition of the 12 Federal
ber banks.
9-. 1,
12- 1.
12- 1
$20c
25c
$1,A
(irregular)
$1%• convertible preferred
Weston
9- 1,
V
8-13
$1
f
(quar.)__
Indies
1%
8-21
8-21
8-13
—
__.
5 %
8-13
.
—
'
-
7-15 '
9-15
9-11
,9-15
9-15
9- 1
8-28
9- 1
8-31
i
L
West Michigan
'
9-15
at all reporting member banks, and increased
$46,000,000 in the San Francisco District.
Holdings of
Treasury certificates of indebtedness declined $22,000,000 in New York City and $18,000,000 at all reporting
member banks.
Holdings of Treasury notes increased
$22,000,000 in the Minneapolis District and $18,000,000
at all reporting member banks.
Holdings of United
States
-
4-15
8-10
t$l
,
(quar.)
participating
10-16
Worts-
&
,
80c
•
;l 1-15
9-10
••
125c
Walgreen' Co, common (quar.)
40c
41/2% preferred (quar.)
tlVa
Wamsutta Mills (quar.)
__—,
80c
Warner Bros. Pictures, $3.85 pfd.
(accum.)
$34.65
Warren Bros. Co., class B (accum.)
$114
Warren
(Northam)
Corp., $3 pfd.
(quar.)
75c
Washington -Railway & Electric Co., com.—
$9
Participating Units
;
22'/2c
7 5% preferred (quar.)
.
$1.25
5%' preferred. (quar.)
$1.25
5%' preferred (s-a)
—
$2.50
Welch Grape Juice Co., com^.-——25c
7%
preferred (quar.)
' $134Wellman Engineering Co.
10c
West
1
9-15
(interim)
(quar.)—
preferred
9-
9-20
(quar.)-—--—.—50c
;
':$20c
Corp,
Mines
8-14
9-15
50c
(s-a)
common
.
Gooderham
Common
>
$1%
.
Co.,
8
20c
—
7%
8
9-
■,
37J/2C
37J/2C
37V2C
—
_
Mfg.'Corp
Vogt
9-
,
10- 1
9- 1
9- 1
11- 1
2-1-44
5-1-44
8-1-44
9- 1
$lVa
(quar.)
preferred
6%
8-16
-■
10- 1
735
000,000
9-1
'
Virginia Coal & Iron (quar.) _—$1
Virginia Fire & Marine Insurance (s-a)_—
50c
Virginian Ry., 6% preferred (quar.)
37J/2C
6%
7
.9- 1
i
7
$2 Va
___________—$21/2
(s-a)
preferred
.
50c
-50c
++——
_____
CHRONICLE
post-war
753,577
$1.79
credit
of
.
THE COMMERCIAL & FINANCIAL CHRONICLE
*736
J
Comparative Consolidated Balance Sheet, June 30
Assets—
Cash
U.
Government
Accounts
Deferred
U.
S.
securities—.*--.4---.:
receivable
notes
and
Inventories
—r-^'-—
charges
•Net
3,099,900
3,050,108
2,891,168
5,966,385
461,042
697,677
———
refund
of
ments
4,316,362
1,484,485
700,571
290,110
1
(special)
———
———-———
Land, bldgs,, macli. & " equip. (net)-;———
Phosphate rock deposits
(net)-——--'—'-Prop, not required for operating purposes-—-Purchase money obligations & sundry invest-
340,545
1
Total
Liabilities—
1
$958,997
credits
Deferred
Reserve
Res.
taxes———
————————
contingencies———_
for
for
prof,
——
contingencies-
580,840
post-war adj. and
8,372,920
surplus —9,134,938
surplus
—-----4,169,109
Capital
—
shares
(627,969
par)—
no
-
acquire
in
158, p. 634.;
conditions, has
certain
to
months
four
to
use
company
2022.
totaled
after
Profit
for
Provision
Net
charges
Federal
income
•Earnings
but
1943
before
income
71,285,800
taxes
share
•On the 539,990 shares of
——
334,000
$407,268
-
$27,133,950 $25,319,790
-
against reserves for insurance and post-war adjust¬
contingencies.—V. 157, p. 1645.
■"Cash segregated
and
ments
directors
The
of
$2.25
share
per
holders of
$0.50
Insurance
have
p.. 635.
Louis-
St.
Co.,
The
Insurance
Marine
&
Associated Indemnity Corp. and Asso¬
Co., both of California, for approxi¬
The
profits
of
renegotiation
American Chicle Co.—Special Offering—A special of¬
fering was made Aug. 12 by Shields & Co. of 2,280 shares
pf capital stock (no par) at $109y4 per share, less com¬
mission of $1.65.
The offering was oversubscribed.—
V. 157, p. 1803.
solidated
>'
directors
The
therefore,
«ri
outstanding
1.
Sept.
If
as
15 cents per share
Sept. 15 to holders of
common
A
jbf
dividend
Stock,
$1.25
1942
were
and Dec.
15
Sept.
payable
made on
tributions "were
follows:
as
March
157,
15, $1.25 each.—V.
$2;
16.
p.
June
3
Months Ended
Fed.
June
t$10,519
*After
allowance
for all
charges,
$0,03
available.—V.
157,
o'clock
No
noon
stock
to
fractional
will
be
purchased.—V.
158,
p.
H.
Coverdqle, President, on Aug.
holders "stated in part as follows:
10,* in
activities
in
the
"The
income
effort,
war
of
summary
account
Dec.
at
are
31,
1942,
unable
submit
to
the
resulting from
$74,432 and the transfer of the net profit for the
1942
until
than
Revenue
21,
Oct.
Act
tentative
was
1942.
the
Had
that
at
date
and
for
the
reserve
to $5,000,000
of
as
March
V,
on
1, 1940,
156,
assets
current
the
at
effect
has
been
current assets
after
given
the
at
renegotiation of
of
Dec.
31,
The
the
of
of
the
to
end
p.
of
possible
these
loans
results
for
was
were
$45,601,420
as
of
renegotiation
The Dec. 31,
^
Cost
of
sales,
Sell., gen.
reorganization
V.
a
bank loans outstanding of
paid off on March 17, 1943
1943
excl.
of
have
June
dends
of
25
cents
15.
Co.—Hearing—
Profit
Other
from
opers.,
income
The. Committee
and
Income,
Loss
on
Industries
Management
Co.,
.
24,
•
concerns
Until
recently E. I. Kleinman and J. S. Ackerman were. President
and Vice-President, respectively, of La Salle Industrial Finance
Corp.
Control of this company was sold to General Finance
Corp. in June
of this year so as to enable them to devote their exclusive time to
the-management of the group of companies in which they and their
new
associates
ment
to
Corp.
are
of
interested.
are
J.
North America,
M.
Doroshaw
is
President
of
Invest¬
who
recently moved its headquarters
Kleinman, Doroshaw and Ackerman
partners or officers in all of the associated companies enumerated
So.
11
above.
La
The
Salle
St.
Messrs.
organization, it was stated,
of acquiring several other industrial concerns.
*
new
is
now
in
the
1941
for
sold
3 Mos. End. June 30—
Gross
1943
1942
Income——
$4,438,183
1,747,870
1,532,643
Operating income.—_
$2,690,313
11941
oper.
•Expenses
$3,646,119
tl940
$3,643,054
1,575,995
$3,136,221
$2,067,060
$1,674,650
1,461,571
for
for
Federal
excess
31,375
Other
income
—
-----
105,807
$2,796,121
$2,173,500
$2,274,311
$1,844,022
2,087,881
1,663,435
1,680,669
1,418,080
207,252
'
for
Balance
war
of
347,973
105,388
accounts
197,932
.
.
income
—
169,372
Intang.
.
drill, costs,, de¬
prec., depl. and leases
&band. and expired—
.Net. income—
i '
per com. shares
Earns,
$0.9Q
$510,065
$0.65
$593,642$0.75
$425,943
$0.54
Operating
•Operating geophysical, .geological, find administrative expenses, lease
taxes, etc".
(No provision for excess profits tax considered
liecessary.)
flncludin'g subsidiaries.—V. 157, p, 1803,
each
and Oct.
holders
to
made
were
30,
of
on
1942, divi¬
paid.
were
:
Security Rulings of the New York Curb Exchange
stock of this corporation be quoted "ex',
Taxes
1943—3 Mos.—1942
$537,849
$2,327,893
$2,079,793
265,597
1,170,733
1,067,609
46,602
—
41,460
176,798
131,373
/
——
(except
Fed.
income
1943—12 Mos.—1942
$607,367
311,822
revenue
Maintenance
j
&
,
taxes)-
44,119
44,004
154,921
——
66,600
63,300
268,180
Net operating revenue
$138,225
$123,488
$557,261
3,933
3,178
18,711
$142,158
$126,665
$575,972
26,190
103,427
105,033
20,740
76,398
84.292
3,307
3,130
21,433
18,080
55,416
34,857
191,479
97,932
Depreciation
Other
revenue
Gross
Int.
income
1st
on
Inter,
mtge. bonds
2nd
on
bonds
mtg.
25,790
•
\
18,620
inc.
——
for
interest—
Fed.
167,779
248,594
.
$464,438
18,504
'
$482,943
■
State
&
taxes
deductions
726
726
2,904
2,904
$38,298
Balance
Surplus begin, of period
$41,022
$180,331
426,381
$174,701
$606,712
$531,791
480,813
416,729
$519,111
Fed.
inc.
taxes
$457,752
1
357,090
—
„——
31,414
31,414
38,979
62,829
57,593
—
Cr31
Cr42
17,176
Crl,129
Surplus at end Of per.
$487,728
$426,381
$487,728
$426,382
Dividends
2,827
2,485
97,657
pr. years
paid
«
—
(net)
598~,674
1,000,000
1,100,000
15,000,000
Crl,500,000
1,000,000
contingencies—
12,000,000
2,212,843
2,435,792
taxes—__
trans,
and
on
notes
hand,
$232,968;
receivable,
deferred
$67,722;
i,o~o~o~o66
come
$1,659,401
700,000
$4,290,431
devidends
1,400,000
Consolidated Balance
Comparative
Sheet
30, '43
June
'
Assets—
Cash In
$4,905,625
1,400,000
States
Accounts
and
on
hand
...
obligations.
receivable—trade
Other
and
on
raw
notes
material purchases.————
open
•Fixed
receivable
812,971
on
bonds
payable,
taxes
Post-war
credit
prepaid
on
excess
99,000
:"
884,708
9,119
15,093
insurance,
profits
etc.—
984,166
1,500,000
tax
Total
U.
110,109,221 107,233,876
S.
Government—renegotiation
year 1942
payable (banks)—
Accounts
payable
(trade)
fiscal
of
contracts
i
Accrued
Dividend
4,575,000
liabilities
on
5,000,000
3,760,669
20,189,760
current
liabilities
one
700,000
25,000
year..—.
—ii..——.
31/2%
mtg. on American Woolen Building, N, Y.
Special reserve lor war" contingencies—.———
cumulative preferred stock (par $100)——
stock (400,000 no par shares)—.
Capital surplus \
t——
Earned surplus
*
Tqtal
————
for
redemption-of
and $16,769,866 at Dec. 31, 1942.—V.
reserves
x
,
¥l~250
844,974
;V 432,045
1,050,000
5,000,000.
35,000,000
Common
•Less
2,560,865
26,255,611
—
income...
declared
Mtg. instalments due within
_
2,386,695
—
—
...
for Federal taxes
9,150,000
2,5~9l"686
—
Notes
1,068,750
4,000,000
35,000,000
2,000,000
2,000,000
.20,648,733
20,646,794
7,658,149
.
30,
4,767,717
(4l0,109£2ri07,233.876
equipment in
1943
service,
(less:
U.
less
S.
Treasury
mortgage
total,
bonds,
bonds
treasury
securities,
$75,000;
$143,133; -materials
reserve,
accounts
and
supplies,"
$5,641,524.
$2,579,000; second mortgage in¬
$70,250), $1,434,250; accounts
of
other
than
$198,110;
capital
stock
total,
current and accrued liabilities,
income
taxes, $63,806; Federal &
interest
accrued,
(issued
104,715
$5,641,524.—V.
,
30,.. 1943,.
$413;
State
$87,034; other liabilities,
shares),
$523,575;
earned
158,
p.
156.
Associated Gas & Electric Co.—Weekly Output—
The trustees of
Associated Gas & Electric Corp. report for the week
August 13, net electric output of the Associated Gas & Electric
group was 137,151,940 units (kwh.).
This is an increase of 16,586,072
ended
units
V.
13.8%
or
above
production
of
120,565,868
units
a
year
ago.—
158, p. 635.
Atlanta Gas Light Co.—RefinancingsThe
•
/
asked authority of the ' SEC for a refunding
include the issue of $7,500,000 first mortgage
bonds, series due 1963, and 20,000 shares of 5% cumulative preferred
stock
(par $100).
The company proposes, in accordance with the
competitive bidding rule of the Commission, to invite proposals for
the purchase of both the bonds and stock.
The new bonds are to bear
interest at not, more than 3V2%, with the coupon rate to be fixed by
company
operation
which
has
will
the successful bidder.
amount
of
thereof
and
The bonds will not be sold at less than
accrued
The
from Sept.
Interest
purchase.
'
'
1,
1943,
to
the
the
face
date
.
preferred stock would not be sold for less than par value
dividends from Sept. 1.
and
accrued
Company will utilize the proceeds to redeem the following securities:
$5,875,000 general mortgage bonds, 41/2% series, due 1955, at 104;
$2,150,000 general mortgage bonds, 3J/2% series, due 1961, at 104V2,
"and 13,000 shades of its'6% cumulatvle preferred stock at $110 per
share,..with accrued interest and dividends in" all cases.
In event pro¬
ceeds-from
purpose,
the
sale
of
the
new
securities
are
insufficient
for
the
the deficiency will be paid from the company's general funds.
The program
gage 5%
The
also provides for the retirement of $306,000 first mort¬
bonds due in"1947.
- '
,■
t,
states'It will file registration statements covering the
proposed bond and preferred stoqk issue.-rV. 157, p. 1804..
^
company
.
$17,393,796 fit June
157, p, - 2342*« v
for
reserve
miscellaneous
surplus, $487,728;
14,899
22,953,381
taxes,
$194,380;
100,000
19,247,641
55,119,616
1,468,477
—
and
June
charges, $102,663;
(less:
$73,229;
accrued
7,821,347
22,762,998
account
assets
esfeets
i
_
assets..
dwellings....8,895
Realty Co.—(not. consol)—capital stock
Textile
Other
—
current
Mortgage
—
reserves)—
'42
$
7,778,595
1,100,000
15,444,622
59,217,571
—
__
(less
Inventories
Advances
Dec. 31,
''$
banks
United
48,947
depreciation of $2,332,455), $4,849,216; construction work in progress,
$48,514; automotive equipment, less reserve, $7,772; Investments, $12,302; cash on deposit for redemption of bonds, $102,233; cash in banks
and
earned
to
.i
Sheet
Assets—Plant, property and
3,680
162,391
618,578
income
Balance
income
•
rentals,
dividend
cents
common
167,060
189,897
—
1%
$708,24Q
35
June 22
Edison Co., Inc.—Earnings—
145,344
:
640,775
inc.
surplus
Other
Total
of
on
1,698,522
3,839
179,021
...
profits tax———
credit
Reserve
$2,113,476
60,024
•
each
on
Operations
Other
54,375,684
535,427
19,085
scrapped
or
1
doubtful
Post-war
course
(& Sub.)—Earnings—
of 25 cents per share
holders of record Sept. 4.
stock outstanding prior
to
.
Liabilities—
Amerada Petroleum Corp.
Cash
dividend
15
distributions
'Period End. June 30—
income
;
78,348,933
1,764,280
450,107
——
Prov.
Chicago—Or¬
enterprises for its own ac¬
already associated with the group are
Schwarze Electric Co., Stanley & Patterson,
Inc., Victory Products &
Manufacturing Corp. and Rader Corp. of America.
those
Pay 25-Cent
before other charges..__ $20,77.9,436 $16,923,990 $10,566,675
Preferred
Among
$259,584
made
Arizona
Prov.
before deprec. $20,329,328 $16,388,563 $10,218,702
charges
Provision
E. I. Kleinman, J. M. Doroshaw and J. S. Ackerman on
Aug. 17 an¬
nounced the formation of this
company, a limited partnership; with
headquarters at 11 So. La Salle St., Chicago, 111., whose business it
Will be to acquire and manage industrial
count.
1,352
'
on Aug. 23,
1943, and that all due bills for
covering deliveries after July 13, 1943, in settlement of
prior to Aug. 23. 1943,
must be redeemed on,
1943.—V. 158, p. 542.
transactions
Miscellaneous
1942-
-
82,929,294
1,501,739
exps.__
credits—,.—
cap. assets
Interest
Provision
ganized—
cash
Sept.
last,, while
1,
the
Sundry adjust,
Prov.
hearing for Sept. 2, 1943, on the proposed plan
reitfntly filed with the Commission.— '
Corp.—To
a
payable
Cash
Liabilities—First
American
declared
stock,
common
and
etc.$104,760,361 $96,501,776 $66,292,908
depreciation
emergency
expense
Provision
for
depreciation
company
$231,043
"
Total
/
158, p. 634.
of
$42,251
-
the same period, last year.
-
& administrative
Pensions
American Gas & Power
5,895"
1,584
"
Our liability to American Export Lines, Inc.
at the year-end was $1,496,583, consisting of $1,000,under the terms of an agreement dated
The SEC has set
5,816
396
Equipment
July
on
1942 figure,
1942.
credits
2003.
1,665
108
1645.
Aro
1
'
and $496,583 representing other current, advances."—
1,493
1,719
_
increase of $2,079,723.
an
1943.
had
company
1943,
1942,
June,
with $109,415,140 for
a
ope.i account
of
1804,
p.
directors
the
State
June,
contracts
war
1942
last
end
at Dec. 31,
War
-
157,
record
-
(In. Consolidation With The Pocono Co.)
year.
(parent company)
100,953
1,493
$48,430
March
not
Comparative Income Account for 6 Months Ended June 30
-"Experimental and development costs at Dec. 31, 1942, amounted
$1,510,321.
No amortization of these costs has been charged to
Income
97,240
373
This is equivalent to 50 cents per share on the
to the payment on Aug.
20 of a 100% stock
post-war
to
C00 borrowed
24,737
———
deductions..
income
The
■
on
•
yep\
$369,276-
24,119
Dividend—
excess
Sales, less disc., rets. & allow.,
direct
$337,176
discount
interest
(The)
after
half-year
bringing the aggregate amount of this
30, T943.
*"
>
compared
-
$107,249
was
the
the' company has had no occasion to borrow since that date.
Unfilled orders on hand June 30,
1943 amounted to $100,127,383
stock¬
by Arthur Andersen & Co., inde¬
profit after taxes of $32,818.
Earned
net
a
for
and
more
$69,424
373
debt
inc.
Net
profits of $2,580,000.
No
"
results.
2,348-
$74,750
Aug.
is
certified
as
pendent auditors, reflects
surplus
we
the operating
$366,928
26,292
stock dividend
year 1942 was the first year in which the company has had
commercial operations.
Due to
the nature and scope of our
brief
$310,885
541
dividend
As
the
$68,883
259
100%
"The
any
Other
—V.
94,863-
118,307
expense
General
reduced
Federal
80,919
192,822
(net)
the
net
Results—
to
of
123,875
13,410
26,918
long-term debt-
on
and
1,015,013
132,789
15,650
income
Amort,
$1,718,985
1,149,189
.
52,425
tax_
the
251.
letter
a
tor the calendar year are
the provision for estimated
pronts
gross
renegotiation,
profit
$5,000,000.
American Export Airlines, Inc.—1942
W.
,
of
30,071
$1,866,604
excess
compared with $43,521,697
amount
shares
net
Net
Sought—
Co., 140 Broadway, New York, N. Y., will until
Sept. 15 receive bids for the sale to it of pre¬
sufficient to exhaust the sum of $500,000.
on
an
Int.
33,295
inc
oper.
income
Gross
the net result of the renegotiation proceed¬
An additional
amount
of $1,000,000 from profits, has been
added
during the half-year to,the special contingency reserve to provide for
inventory and other losses which may be sustained at the end of the
The Guaranty Trust
12
Net
the balance
as
256,206
$74,491
profits
excess
1943—12 Mos.—1942
$395,487
330,876
and excess profits
inc. taxes——
Other
well
1943—3 Mos.—1942
$506,736
that
June
ferred
46,143,000
ruled
war,
American European Securities Co.—Tenders
45,413,000
54,092,000
has
net
1803.
p.
54,457,000
66,619,000
1942,
?No figures are
tProfit.
66,634,000
71,286,000
effect
;
interest and depreciation
taxes.
70,841,000
81,083,000
Report—
renegotiation of profits on war contracts for the. calendar year
resulting in a reduction of gross profits of $9,150,000, the net
of which, after making allowance for the reduction in income
and excess profits taxes which resulted therefrom, was a reduction in
$0.06
including
and before estimated Federal and State
81,027,000
1939
635.
have been
t$20,077
—
47,019,000
46,210,000
of
11,281
Nil
loss
1940
53,390,000
Fed.
The earnings reported must,
because it is impossible for the
tentative
as
of
last
54,682,000
credit of $1,200,000
been applied, the profit for the six months ended June 30, 1942 would
t$31,358
8,610
■
company's
approved
1941
1942
t$19,129
$
;
158,
for
as
the
1941
$2,859,401, equivalent to $8.17 per share of preferred stock
outstanding.
The balance sheet as of June 30, 1943 (see below) leflects the result
$28,942
(estimated)—
taxes
1922.—V.
contracts are subject to
that reason the con¬
war
and
profit and loss statement,
regarded
result
because
in
15
'
Earnings per share
•'
dis¬
$28,942
State
its
Statute
output
for
energy
65,545,000
inc.
depreciation, provision for
profits -taxes, less post-war credit,
and the addition of $1,000,000 to the special contingency reserve
(but'
without provision for renegotiation of Government contracts) amounted
to $4,290,431, equivalent of $12.26 per share of preferred stock out¬
standing.
The profit for the six months ended June 30, 1942 was
stated
as $1,659,401,
equivalent to $4.74 per share .of preferred stock
outstanding/ This profit was before application of the post-war credit,
Inc.—Earnings—
1943
30—
-
and
Net
Similar
Payments
and Sept.
$1.50,
15,
be
the
a
The
common
2006.
American Encaustic Tiling Co.,
•Loss
the
declared on
to holders of record Sept. 1.
March 15 and June 15, last.
been
has
share
per
Federal
estimated Federal income and
American, Cigarette & Cigar Co.—$1.25 Dividend—
<
from
company
a
the
1942.
67,262,000
profits taxes will be reduced thereby and must also
be regarded as tentative.
similar
A
the
under
to estimate what
income and
stock, payable
distribution was made on this issue on
March 15 and-June 15, last, and on March 16 and Dec. 21,
1942.
The company has no fixed dividend policy.—V. 158, p. 355.
the
record
including
Inc.—Semi-Annual
Co.,
-1942
Operating revenues
Operating
expenses-—
Taxes, other than Fed.
dividend
ings will be as they have not yet been started for 1943 and may not
be completed until after, the close of the calendar year.
* r.-,
17 declared a dividend of
Aug.
on
quarterly
regular
and
over
of
Arkansas-Missouri Power Corp.—Earnings—
President, states in part:
income and
company
Common1 Dividend
American Colortype Co.—15-Cent
since
1943
Period End. June 30—
sheet, cannot be satisfactorily presented.
.
/
Woolen
Moses Pendleton,
9.—V. 154, p. 1628,
mately $3,500,000 in cash, it was reported on Aug.
regularly
13.72
electric
of
70,877,000
<
capital stock, par $100, payable Oct. 15 to
15.
Dividends at the rate of $9 per share per
paid
output
71,172,000
Fed.
American
has purchased
company
Fire
been
of
week
corresponding
weekly
80,103,000
7.
Aug. 14_;
■
Acquisitions—
ciated
the
declared
of
$0.75
—
capital stock.—V. 157, p. 2209.
18
the
79,147,000
Aug.
the
on
record Sept.
annum
Automobile
American
Aug.
on
for
table
increase
an
follows:
years
—V. 158, p.
American Telephone & Telegraph Co.«-~Usual Div.—
Total
kwh.,
July 24
180,000
.
the electric properties of the American
for the week ended Aug. 14, 1943/
Electric Company
July 13
$741,268
$263,792
common
kwh.
Comparative
•
1942
$449,792
taxes
—
per
and
81,083,000
Week End.—
6 Months Ended June 30—
•
••
Output of electric energy of
Stove Co.^-rEarnings—
American
:
-
.
Water Works
Commission, at the request
of the company,
also
order
to permit
such purchases to be made at prices
of 106% of face amount.—V. 158, p. 355.
not in excess
-
■
American Water Works & Electric Co., Inc.—Output—
The
its
Ac¬
an
of $7,823,272
by open market purchases part of its outstanding gold
bonds, 6%
series, due in 2016, and its assumed South¬
& Light Co. 6%
gold debenture bonds, series A, due
.
Research
move •
635.
p.
given the
unexpended balance
an
Power
modified
8,134,938
3,211,729
—
of
debenture
8,372,920
stock
Common
Earned
to
subject
SEC,
western
758,813
reserve
549,208
$0.55
\
■«
The
—
v
—798,826
Insurance
1942 and 1941, etc.—V.
1943,
>
extension
215,437
1,888,692
9,681
1,634,880
& exc.
547,008 "
$2.55
depreciation, Federal income and Federal excess profits taxes
American Power & Light Co.—Given More Time— i
*
■
$1,092,700
385,252
2,680,846
52,222
inc.
'
:
,
Corp.—Consolidates
'
designed tq increase the effectiveness and scope of its
research work, this cprporation is consolidating all its basic research
activities at MarcUs Hook, Pa., the location of one of its rayon plant3
and of its principal research facilities, it is announced today (Aug. 23).
Heretofore the company's research work on viscose and acetate rayon
has been carried on at Marcus Hook and Meadville, Pa., respectively..
Under the new arrangement research on these two products, together
with all Other basic research, will be done at Marcus Hook.—V. 158,
five
payable
for -Fed.
Res.
Tn-a
Viscose
V">-
tivities—
-,
^
liabilities
Accounts
Accrued
.
$27,133,950 $25,319,790
——————
—
;
$1,393,872 -V $304,104
545,272
$1.04
545,222
$1.13
—
American
v
1940
'
V U.r'
.
share——
per
1941
—
■-
(net)
Goodwill, brands and trademarks——
$565,640
outstdg.
$20)
(par
•After
in
80,000
1,379,667
4,468,426
1,440,701
1
profits taxes---
excess
•Cash
1942
$614,032
stk.
Earnings
Treasury tax savings notes series C—640,000
Post-war
com.
i•
1943
profits
Shs.
$5,872,488
2,834,644
'
i/i-'*;
Laundry Machinery Co.—Earnings— >
6 Mos. End. June 30—
4,822,093
(net)
1——-
.
American
1942
*
$7,617,364
——-
—
S.
1943
-
Monday, August 23, 1943
(Continued
on..page
.765) / V, '
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
Stock and Bond Sales
DAILY
NOTICE—Cash and deferred delivery
New York Stock
«»
WEEKLY
-
minium
a
computing the range for
Figures after decimal point represent:one
—
Daily
—
—
[Close
Aug. 16
—
32d of
or more
Aug. 17
Aug. 14
Rally Record of U. 8. Bond Prices
Treasury
[High
4%s, 1947-52«-——w-——I**
—
—
Record of
Treasury
U. 8.
Bond
Prices
2%s, 1962-67—.,,
Total
—
.....
sales
In
v;
:
*
2%s, 1963-1968
>—
on
the
New
York
Aug, 16
Aug, 17:
Aug. 18
Aug, 19
Aug. 20
—
—-
$1,00 units
-
\
—
(Close
Total sales In $1,000 units
Aug. 14
f Low
[Close
,
f High
■>—
bonds
(High
•
[High
1944-54.;..^^——low
year.
point (See note below).
a
—
Total sales In (1,000 units—
the
the New York Stock Exchange
on
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon
Stock Exchange during the current week.
a«a.
in
——
mi
United States Government Securities
furnish
we
Exchange
YEARLY
-
sales ara disregarded in the day's range, unless they are, the only transactions of the day. No account Is taken of such sales
J
Below
737
100.6
Low
100.6
—
100.6
—
—
Total sales in $1,000 units...
—
:
:
"
3%si 1946-56--
(High
\ Low
——
f High
[Close
—
—
Total sales In $1,000 units--——
—
—
—
100.17
100.17
—
f High
3
Vis, 1943-45
\ Low
—
—
(Close
Total sales In $1,000 uftits——- —
[High
[ClOSO
'
,
\
''
100.8
...
100.6
100.8
w
2%$, 1951-53
—
»—
.J
Iym'i-v&x;
2%8, 1952-55
■
.
fHigh
( Low
—.
[Close
—
Total sales In $1,000 units
—
■
Low
[Close
Total sales in $1,000 units
—
Z:—
(High
-v
1
*11
Low
ClOS©
I
101.23
—
• ^
...
—.
...
(High
Low
110.27
—
.
Close
110.27
„
Total
1
,
f High
(High
Total sales in $1,000
—_
[High
■
J Low
]
112.1
Z—
*5
...
(High
\ Low
2s, Dec. 1948-50
112.1
[Close
...
Total sales In $1,000.units—
*11
112.1
Total sales in $1,000 units——
low
[Close
111.22
—
..i
(High
2s, March 1948-50
111.22
—
...
.
units
111.22
—
„
'
Units———( High
—-| Low
Low
[dose
■
—
[Close
$1,000 units
1947-—————J
20,
%.«-
*
Total sales in $1,000 units—
sales In
—
—
Low
—
J
101.23
—
[Close
2%s, 1955-60
100.6
—
110.27
[Close
Total sales In $1,000
•'
-
Total sales in $1,000 units—
,
101.23
—
Total sales in $1,000 units
3s, 1951-55
#V
1
.
-
"
[High
j Low
100.8
$1,000 units
2%s, 1967-72
(
i,
,
—
___
Total sales in $1,000 units—
3s, 1946-48-—
sales in
Low
[Close
-
Total
100.6
—
(High
—
[High
\ Low
[Close
3 %S, 1949-52————
_■
'
Total sales In $1,000 units.;
:
—
—
«
3VaS, 1946-49
,
—
Low
'
.
100.17
1
>* * -W
—
3 %s, 1944-46
—J
2%s, .1964-1969
(close
,
Total sales In $1,000 units—...
\
.
'
:'
[High
_
___
1 Low
2%s, 1945-47
104.1
104.1
[Close-
Total sales in
J
[High
'
2s, June, 1949-51.
( Low
[Close
104.1
$1,000 units—
Total sales in $1,000 units——..
6
(High
2%s, 1948-51
] Low
2s,
___
Sept.,
1949-1951
.-[Close
Total sales in
«
(High
,
3%s, 1951-54——————1 Low
1956-59
—
—
2s, Dec., 1949-1951.
—
"I
III
Total sales in $1,000 units
III
-
...
(High
:
1 Close
vV:>
■:
/
-
2s, March,
1950-1952
™
:#
1
Total sales In $1,000
(
—
'
(High
J Low
—
f High
Low
(Close
.
(Close
Total sales In $1,000 units
:
Low
[Close
^
Total (sales in.$100
units——*
units.
Low
-
,
2s,
—
(Close
^
"'I"a«.
[High
Total
Z—
(High
Total sales in $1,000 units
6
...
■
(High
2s
1953-55
■{ Low
—
1%S
1948-
Total
Total sales In $1,000 units
(High
] Low
Federal
sales
Farm
in
$1,000 units
—————
...
(High
—
Total sales in $1,000 units—.
3s, 1944-1949
(High
] Low
(Close
] Low
Home
(High
3s
Owners
series
A
$1,000 units
...
...
...
Loan
1944-1952
] Low
High
[Close
l%s
Total sales In $1,000 units—:
1945-1947-
Low
Close
(High
2%s, 1956-58
1
(Close
Total sales in
Total sales In $1,000 units
2%s, 1952-54
...
Mortgage
3%S, 1944-1964
(Close
...
—•[ Low
(Close
[Close
Uy
1—
(High
(High
—-< How
■
...
[Close
Total sales in $1,000 units
2%s, 1950-52.
—
Low
—
vClose
2%s, 1949-53
100.16
Close
112.1
-Low
1948
100.19
100.19
100.17
11
y
Total sales In $1,000 units
3%«,
100.17
100.17
—
...
units
1951-55
23,
112.1
—
1945
2%s,
sales In $1,000
112.1
_
Low
(Close
Total sales in $1,000 units———
(High
—
j High
{ Low
(.Close
1950-1952
....
—I
Total sales In $1,000 units—
3%s, 1960-65
Sept.,
...
'
...
f Hign
2%s, 1958-63-
...
[Close
Total sales In $1,000 units
$1,000 units
...
'
(High
] Low
Total
sales in
$1,000 units
( Low
[Close
Total sales, In $1,000 units.—.
NEW YORK STOCK RECORD
LOW AND HIGH
Monday
Saturday
Aug. 14
*58%
59%
*112%
113%
*45
50
*52%
$ per share
*59
10%
10%
30%
58%
113%
*112%
PRICES
STOCKS
Wednesday
Aug. 18
t per share
59%
Thursday
Aug. 19
$ per share
59%
60
Friday
t per share
60
*59%
Sales (or
Aug. 20
the Week
$ per share
60
*45
53%
♦59
*113
115
*113
115
*113
115
*45
50
*45
50
*45
50
*45
53%
50
*53
55%
*53
55%
*53
55%
*53
600
Abbott Laboratories
4%
55%
100
10%
10 %
10%
10%
*10%
10%
10%
30%
10%
10%
10%
*29%
30%
*29%
3,100
30%
*29 y8
3oy8
*29%
30%
100
18%
18 %
18%
*18%
18%
18%
18%
18%
18%
18
43%
42%
43 %
18%
42%
42%
1,000
42%
43%
42%
Address-Mutigr
43%
41%
42%
5,200
Air
76
5%
108
*103
,
5%
2%
2%
25%
25%
24
24%
*38%
39%
*26%
27
*70
75
10
*9%
153
153
76%
*74^
5%
5%
108
'103
2%
*74
.
75%
5%
5%
*104
2%
*74
5%
108
2%
*104
24%
26%
25
25%
25%
24%
24%
24%
24%
39
39
26%
26%
27
*70
10
*9%
153
*9%
153
151%
14
*38%
/
73
10
*9%
152%
14
*22
22%
*13%
*21%
22%
22%
13%
13%
13%
12%
152
22%
13
13%
*91%
*13%
92%
92%
92%
38
38
37%
38 %
20%
20%
20%. ^
*1%
1%
*1%
*25%
27%
*25%
81%
81%
28
♦27
69%
For
69%
footnotes
81%
see
27
%
1%
>
*68%
26%
73
9%
152
14
22%
13%
5%
105
2%
25%
23"%
23%
23%
*22%
*38%
26%
*70
40
26%
75
9%--- 9%
2%
76%
5%
V
10
2%
4,200
24%
8,700
23
2,600
38%
38%
26%
26%
♦70
200
2,100
75
yp "'-'C
300
151% 153
143%
152%
1,500
*13%- 14
*13%
14
22%
22%
22
13%
13%
13%
93%
93%
*91%
38
38%
37%
37%
21
20%
20%
20%
900'
-
20%
6,800
94%
38
1%
27
82%
82%
82 y8
82%
28%
29
29
29%
29%
68%
63%
68%
300
3,400
■
,
*1%
69%
*25%
27
*1%
*25%
82
29%
e<5%
J
1%
100
82
68%
500
400
27
29%
Corp
1,800
'
1,300
1,800
No par
Vicksburg Ry Co
Alaska
Juneau
7% Jan
Gold
100
Min
Albany & Susq RR Co
Allegheny Corp
5%% pf A with $30
5%% pf A without
10
Chemical
&
Allied
5%
conv
July 13
39
Apr
5%
Apr
8'/8
Nov
18%
Jun
26%
Dec
16%
Dec
Dec
Jan
28
61
Jan
7
Jan
25
A Jan 11
76
H
July 13
7% Apr
105
1
Jun
6
July 24
29% July 24
11
45
11
31% July 2
75
May 26
11% Jun
4
—100
64
Jan
15
7
Jan
19
No par
140% Jan
/
9
July 24
165
July 15
1414 May 17
10% Jan
8
par.' "16% Jan
No par
6% Jan
4
2
25% May 29
14% July 13
100
73% Jan
7
94
No par
26% Jan
17% Jan
7
43%
23
2%
27
preferred
Inc
50
No par
7
% Jan
13
13 y2 Jan
20
nq par
x67
23
Jan 14
Jan
2
10
52
Jan 27
15
July 10
Jun
July 17
July 22
July 22
86% Jun , 7
30% July 16
76% July 8
Oct
Nov
94% Feb
Jan
%
Oct
3ya Apr
3% Apr
6%
NOV
6y4
NOV
A
3% July 14
30
69
4
69 ya July
Jan
13
<
1% Mar
15
18% Jan
No
Petro
Jan
7
41%
3% Jan
No par
No par
-—1
48%
Apr
2
Mfg
Airlines
57
Mar
1
Cnrp
Am Agric Chem (Del)
American
Jan
10
2
Alpha Portland Cem
Amalgam Leather Co Inc
6%
Dec
43
29 %
5% Jan
5
Dec
113
May
Sep
487/a Jun
5% Jan
Dye
51%
Mar
32% July 13
100
.
May "
31
13
;
6
100
Corp
preferred
Amerada
37
104
Jun 28
50
21% Mar 30
Nonpar
Stores
Allis-Chalmers
63V2Marl2
113% Aug 12
war
Allied Mills Co Inc
Highest
$ per share
8
85
$2.50 prior conv preferred-No par
Allied
4
23
war
Allen Industries Inc
1942
r
$ per share
$ per share
8
67
100
Alghny Lud Stl Corp
Alleg & West Ry 6% gtd—
Lowest
25% Feb
14% Jan
38% Jan
par
10
Inc
Allied Kid Co
22%-
13%
93
1%
^
9%
*20%
1%
\
4,400
105
37%
...
Ala &
9%
27
68%
*75
2%
i
82
26%
28%
1%
40
5%
107%
•
93
20%
*26
747.
13
37%
82
page
*13%
*22
93
37%
81%
69%
14
*20%
28
*27
68
1%
*91%
26%
*70
76%
24%
25%
25
72%
*70
*104
2%
25%
•,
5%
108
2%
40
24%
*38
*75
5%
2%
*13%
*19%
76%
Reduction
No
Feb
35% Jan 23
41% Jan
5
No par
Corp
18%
51% Jan
110
—No par
—.——25
.
Acme Steel Co.-,..
Adams Express
Adams-Mills
S per share
No par
100
preferred
Year
Range Since January 1
Lowest
Highest
Par
43%
*74
Range for Previous
STOCK
EXCHANGE
Abraham & Straus
*29%
v
NEW YORK
Shares
60
115
50
'112%
54
30%
Tuesday
Aug. 17'
Aug. 16
$ per share
SALE
9%
Jun
17
,
Jan
May
22%
57%
Nov
73%
Feb
3%
Apr
77/a
Dec
118%
Apr
16
149
Jan
Jan
May
11%
12 >/a
Jan
Apr
16%
Nov
Apr
;.V; 10
6%
Nov
4
64
July
22
Apr
30 y8
Jan
14%
Apr
19%
Nov
H Aug
1%
Jan
11
Dec
43
Mar
81
,
18%
70%
Jan
Jan
Oct
18%
Jun
24
Nov
25%
Apr
58%
Dec
1943
Monday, August 23,
;
CHRONICLE
COMMERCIAL & FINANCIAL
'THE
Range for Previous
■••••:> v.;- STOCKS
AND HIGH
LOW
Saturday
Aug. 14
Aug. 16
f
share
$ per
per share
16
*15%
*58
59
*57
6%
83%
7
6%
37%
37%
72 Va
71%
•.", 71%
184 %
109
109%
101
14%
28
3%
9%
*2%
*8'/2
2 S/8
2%
*8%
9%
*8%
8%
27%
27%
273/B
26%
273/8
5%
5%
5%
5%
5%
9 V'4
27
■
5%
■
.
72%
32%
32%
32%
33/4
3%
33/4
.*3%
40 %
*39%
40%
T
40
40
*39'/4
">
68%
*67V'2
68
68%
68
21
521,4
75/a
7%
6%
*6V4
6%
45
*44
126
:-34
34
2%
41%
41%
40%
40%
39%
9%
169%
170
*167
29%
*29 Va
3934
39%
*40
150
24%
*14%
15%
15%
*16V4
17
*111%
111%
*313A
32%
*30%
56%
57%
57 Va
45%
7%
*7
73%
73%
5
*49
52
*26
57%
58 %
58%
573%
144 V'4
9%
46%:
46
*120%
>
6Tb
>
6%
~6%
*83 %
85%
26
22
12
>
49
100
25%
26 Vs
25%
26
II,000
26
26
26
26 '/a
21%
*21
21%
213/4
21%
*49
*11
11%
*2
11%
*2
2%
*41
42 Va
*40%
42%
111A 1UA
110 Hi 11035
*111/0
111%
*11155
*1103*
111%
*■11085
1113/8
53/4
1103J
111%
5%
111 A
110 Bi
5%
:>
5%
53%
5 5/a
5%
5%
68%
68 Va
68 34
68 T
78
75 Va
76
*
4
*68%
70
74
74
34%
35 Va
36 V'4
34%
35%
34%
9%
9%
9%
9%
*8Tb
9%
9 V'4
9 V'4
*75%
V,
*103%
110
*93
*83%
.
*9%
9%
9%
9%
40
105
*104%
58%
59
59 Va
60%
85
85
85
29%
*104%
105
*103%
14
95
6014
84%
85 Va
5,100
5
160
*85
39 V8
*38
40
104%
*104%
60%
59 V'a
59%
86
"20
105
58%
*84%
60
88
104%
,59%
85
13%.
95
.
85%
85 V'a
*38
1,200
110
13
95
104%
104%
105
59 T a
-
9%
110
*38
40
*38
9
S%
95
40
900
9
>1
110
o,5C0
36 3/4
36%
13%
85%
40
•«>■>.
*103%
*85
*85
76 V'a
*74
95%
13%
85 Va
>:
85
68 y4
13,300
:>> 1,000
13%
110
♦103%
14
95
85
5%
9%
*9
95% !" 95 V'2
'
:
9%
1101)2
500
5%
363/4
95%
*104%
*38
363/4
/■v 9%
110
a
110 Si
77%
*74
160
600
67%
36%
36%
\
14,100
59%
86
1,000
85%
86
29%
-
*85%
30
28%
29%
5,000
29 Va
29%
29
30
30%
30%
30%
*28%
30%
600
31%
30%
30
*30%
30 Vb
29%
30
31%
30
56%
58 3/4
58%
57
*56%
*56%
*56%
56%
400
*30
*56%
26%
3,700
26%
26 Va
1123/4
100
59
56%
57
25%
26%
26
26 Va
111%
111%
111%
*54%
*121%
130
*121%
130
12
*10%
12
8
55%
7%
*10%
7%
7%
78%
4%
78
78
4%
4%
4%
>4%
*
130
*121%
130
121%
12
*121%
*10%
12
8Va
82
4 3/8
7
84
82
>77
4%
4%
4Tb
6%
7
73
7%
7%
72
4%
4V8
6%
17%
16%
173/0
17%
6%
6 3'4
6%
17%
17 %
17%
17%
16%
173/B
6%
6%
6T4
6%
6%
6%
AA
$5
10%
10%
10%
10%
9%
9%
9%
9%
50 Vz
51
60
50%
>9%
50%
24
50
23%
24
r
10%
43%
*43
17%
17%
li
*43
11
43%
IIV2
*43
~
17%
43%
17%
17%
17.3/4
26%
*26%
26%
'32
*30%
*106% 107
12%
*12%
31%
*30
118
*111%
.
*43
43%
26%
26%
300
*30%
31%
200
*1033/8
103%
*1033/b
103%
106%
106%
106%
106%
*103%
103V&
*103%
107
*106%
107
31%,
103%
*106%
*11
*30 "
*113
118
11%
*U"~
12 y4
313/4
119
111%
3,700
31 V'a
31%
12%
17%
26%
;
26%
31%
'
17%
*26 %
17%
*26%
32
17
2,900
173/g
11%
*30%
*113
*11
>
11%
12%
*30 V'4
31%
119
v
*113
12
313A
119
ll3/4
*30%
*113
*11
133/4
13%
13%
1,400
353/a
35%
34%
35%
4,000
16%
16 V'a
16%
2,100
54%
200
133/4
13%
133/4,
14
13%
13%
35 %>
35%
35%
35%
353/4
35
35%
16%
16 3/8
16
16%
16%
16 3/8
*54%
55%
*54%
55%
543/4
35%
34%
34%
*331/2
*35
15%
15%
16
59%
593/a
59%
16
16
♦54%
♦54%
55%
55%
55%
*54%
*34%
36
♦34%
36
36
14%
15
15%
15%
15%
59%
59%
5934
59%
'
14%
14%
59%
59%
*118
119
Fnr
59 %
*118
footnotes see oa?e
118
119
747.
118
118
*
118
*
*117%
119
35
$4.25
y
Beech
preferred
Aircraft Corp
Packing Co—
Belding-Hemingway
Bell Aircraft Corp
Bendix Aviation
Beneficial Indus Loan
•Pr pfd $2.50 div series
Beech-Nut
11%
*13%
14
*34%
313/4
119
>.
100
•
Best & -Co
Best
59%
5,600
Bethlehem
117% 117%
300
58%
15%
—
No par
:
-J
50
^-20
No par
1
5
No par
'38-No par
—No par
Foods—>—
—
Steel (Del)—,—No
6,200
153/4
—No par
preferred
tBeech Creek RR
11%
11%
%
>
120
2,400
*11
*11
*.15%
.•
11%
*13%
35%
12
10
,—50
Barnsdall Oil Co.
5
Bath Iron Works Corp—
1
Bayuk Cigars Inc
—No par
Beatrice Creamery—
,—25
tS5 preferred w w
No par
5 y2
17%
2634
*31%
400
17%
100
Asphalt Corp
Barker Brothers
43%
17%
17"%
32
10%
*43
17%
103%
*111%
43%
—100
50
Barber
800
10%
11%
23%
17'A
*26%
*
22 Vh
17%
*106% 107
12%
12%
31%
*30
*103 A
*10%
*50%
23%
*43
;
11%
17%
17%
26%
*103,V 103%
17%
24
*ii%"
51
*23%
24
17%
18
17%
*31%
24
*10%"
-
10%
51
50%
Ohio,
>4%
600
9%
10
93/4
*9y8
9%
Baltimore &
7%,
par
preferred—,--—2.—-,-100
;•
Jan
20%
> 16
May
105
May
110
Mar
69
Mar
103
Dec
15
Jan
,
Oct
18
3% May
/ 7%
Dec
14
Dec
22%
Jan
92
May
100 v*
Dec
7% Mar
16 V4
Nov
%
3
Nov
7%
Nov
25%
Dec
Jan
3% May
16%
Jun
oa
Jan
Dec
2
1
Dec
18%
Jan
49 Vi
1V2
Jan
8%
Dec
10%
Jan
423/4
Dec
25%
Jun
35
Oct
Jan
3%
2% May
32%
36 V»
Oct
x36%
Apr
56
Dec
1 Va
5
Sep
Jan
2
May
Apr
5%
Oct
7 .-•.■•• Jan
Nov
Nov
40 Vb
35% Mar
Feb 23
Dec
37
Mar
25
»
Jun
lOV.
Jan
Jun
91
Nov
Apr
6%
65
July
9%
12%
26 Tb
Jan
% Mar
13
Jan
15%
Apr
Apr
22
3%
Apr
142 %
Jun
Apr
Oct
43/4 Mar
9%
Nov
14%
Dec
Feb
63/4
Aug 18
132% May
6
8
29
3
47 Va Jun
Oct
Mar
144
Jun
9%
Jan
7%
Jan
21%
12-
1
Nov
Feb
12
Oct
15 r Mar
21%
Jan
78% Mar
97'/a
Jan
■23"
Aug
17%
Jan
101%
Apr
1343/4
Jan
33%
Apr
493/4
Jan
Jan
Apr
i 503/4
143%
Apr
75/a
Nov
33%
Dec
116%
Jan
4
Nov
34%
Apr
120
33/4
22
2
May
Apr
Jun
25
9
Nov
36 y4
16%
1
121V* Aug
Jan
43
148 Vt
136%
2
29% May 29
15% May 4
17% July 15
33
Jun
2
112% Jun
5
323/4 Aug 11
158% July 22
63% July 15
65% July 14
146% July 23
151 4 Mar
Jan
35%
35% May
12% JUiy
Jan
'
59%
52%
4
-
Jan
12
9% May
24 > May
Apr
Nov
165
-
1
45
Jan
6V4
32% Mar 23
161
Jan
26 Va
12%
8
47% Apr
Feb
119
Feb
21% May
69% July 24
May
Apr
16
16% July 14
18
Nov
233/4 Mar
113%
8
15% Apr
Dec
May
4
Apr
108% May
1%
4
6
Apr
Jan
Aug
70%
Feb
8% July 16
3%
Dec
5%
Jan
79% July 21
513/4
Dec
76Tb
Jan
3 Va
Apr
>5%
Jan
38%
Jun
88% July
39
7
543/4 Mar 30
31% Apr
8
29a/4 Apr
7
23% July 15
116
Mar 18
14% Apr
7
3 Va Feb 27
45 % July
6
112% Mar 12
7 % Apr
50
Jan
28%
Jan
30
Jan
A17
Jan
22% May
Dec
24
12% Mar ;
112% Mar
May
107
1% July
Mar
1
273/b
111% Mar
Sep
102
Sep
4Va
Jan
Sep
67%
Feb
40%
Oct
66
21
Jan
33T4
Dec
5% Mar
8%
Nov
2 5/a
4%
2%
July 27
42
72% July 27
July 26
40% Jun
5
80
26
10% Jun
5
105
July 23
15% Jun 28
1
97% July 21
94% July 22
38 Va July 16
105% Jun 12
67% July 24
90 Vb July 22
38
May 24
34% July 22
60 Va July 21
28% May 27
113
Jun 15
133/4 May 29
10% Jan 2
3% Jan 2
6 Jan 2
5'/4Jan 2
34V'4 Jan 6
12 Feb 9
5Yi Jan 13
30 Jan 4
12 % Jan 2
13% Jan 7
23% Jan 7
24/4 Jan 16
101 h. Jun 25
105 k Aug 12
JJ
3
25% Jan 25
93 Jan 25
®'4,;an i
12 Jan 2
33% Aug 3
13% Mar 17
54% Feb 23
22% Jan 7
8 ^an „
55% Jan 7
110% Jan 4
Dec
36
Apr
11034 Aug 13
6 Va
Oct
12%
73/b May
10% Jun
Apr
Jan
82
May
79
Oct
July
Apr
6%
Jan
61% Mar
4%
77%
Jan
53
Jun
83
Jan
20
Jan
28 3/a
Dec
813/4
Jan
100%
Dec
27%
Jan
53
Oct
'
Oct
60 Va
Jun
72%
193/4
Jun
34%
Oct
Jun
34
Jan
16%
45%
Jan
Apr
23%
Jan
993/4 July
109%
Feb
Mar
33
143/e
6%
Sep
7
Jan
463A
Apr
51
Dec
68% July 14
43
May
70
Jan
Jun 24
111
May
116
Jan
4
4
4
8
7
Apr
9%
Jan
1%
Apr
3%
Dec
15%
Apr
56% July
123
13 Vb Jun
9% Aug
85% Aug
63/a Apr
9
193/4 May 27
13
100
Works v t C
3,400
103%
10%
10%
10%
10%
3
b
preferred
Bangor & Aroostook—
.Conv 5% preferred
9%
50
-
of Del (The)
9,500
5,000
10%
50
—
Baldwin Loco
6%
•,*23%
Corp
Aviation
13,200
10%
9%
No par
No par
No par
Austin
634
50
100
preferred—
Nichols—
prior A
1,500
1,080
>>
72%
4%
conv
—No par
—
Atlas Tack Corp
6%
v
15%
12
10%
^
preferredpnwder
20
121%
*10%
*10%
12
6%
Jan
4%
6% Jan 4
50 '/a Jan 14
52 Jan 9
113 Jan 12
7% Jan 7
2% Jan 21
28 '/a Jan 5
3V4Jan 2
5
50
Corp__.
Atlas
480
66
66
8,000
100
56
*54 V'a
66 Vt
66
66%
66
55%
*54%
>J:
ff>/:
17
17
80
78 V'a
>:
130
*10 Tb
7%
12
55%
66
65
65%
65
65%
*65
*121%
*55
56
*54%
56
11%
11%
11%
12
11%
1134
56
11%
11%
11
11%
11
112 Va
*112
111%
*112
112
112
112%
26 Ye
26%
X26 %
26%
26%
*112
Oct
Jan
73%
55% May
2
172
—
2%
42
111 AJ
lllii
68
68
78
*74
13 T
*38
:
69%
14 Vb
*94
95%
85
*103%
110
13%
13Tb
13%
9%
*9
9%
*9
*103%
5%
5%
68 V'4
100
*2
111%
1,300
200
42
41%
*40%
42
170
11
■M 11
■»2%
2%
*2
2%'
42%
>:>.■
116
115%
116
*114
116
*2
110 Si
1,900
:v
5%
4%
49
*11
11%
>•>>
Dec
33
.
-
49 T4
21
*114
*11
5%
Dec
176
May
20
6
109 % Jun 30
15% Jun
1
10% Jun
4
2 7 V'a Apr
7
123
May 7
35% July 30
4% May 10
45% July 27
42% July 27
11% Jun
8
33/b Jan - 5
533/4 Jan 7
3'% Jan 2
55% Jan 5
Amer Zinc Lead & Smelt
—1
4^ Jan 2
$5 prior conv preferred
-25
42% Jan 11
Anaconda Copper Mining
50
24% Jan 2
Anaconda W & Cable—
No par
24 Jan 4
Anchor Hock Glass Corp
12.50
16% Jan 5
$5 div preferred
No par
111% Jan 20
Andes Copper Mining
:
20
lOVbJan 13
A P W Paper Co Inc
5
1% Jan 5
Archer Daniels Midl'd
—No par
34 Jan 11
Armour & Co (Del) pf 1% gtd—100
108% Jan 2
7% preferred (called)—
110% July 7
Armour & Co of Illinois
—5
3 Jan 2
•>. $6 conv prior preferred
No par
46 Jan 2
t71o preferred—
——100
49 Jan 20
Armstrong Cork Co__
No par
30 Jan 2
Arnold Constable Corp
——5
6% Jan 9
Artloom Corp
No par ■/
4% Jan 7
7% preferred
*_
100
92 Feb 27
Associated Dry Goods
1
6% Jan 4
t6% 1st preferred——
100
72% Jan 11
t7% 2d preferred—
—
-100
59 Jan 7
Assoc Investment Co_
No par
29 Jan ■ 5
>5% preferred
100
100 Jan 4
Atch Topeka & Santa Fe—_—100
44% Jan 7
5%
i
100
66 Jan 2
preferred
Atlantic Coast Line RR
100
26 Vb Jan 13
Atl G & W I SS Lines
1
19 Jan 8
5% preferred
-100
44 Jan 4
Atlantic Refining
25
18% Jan 7
t4% conv pref series A—
100
106 Mar 16
500
Apr
Mar
159
17% May
Elec——-No par
No par
American Woolen-;
No par
Preferred
100
1,100
.
-<
26%
*26
116
6 3/4
72%
3%
743/4
Apr
1 Va
56%
6
preferred
1st
$6
26 %
25%
26 V'4
85%
preferred
Jan
115% Jan
32
130% Feb
Apr
120
Oct
Jan
33
Apr
2 3/4
'Am Water-Wks &
100
*71
73
5Va
5%
50%
*49
50 V'a
*114
111 A
5%
>> 4,200
10
Corp—-——14
100
Nov
6 Va
3% Mar
23
7% Feb
129T4 Jan 2
6% Jan 14
Foundries Inc.
American Viscose
100
»
6%
6%
7
6%
73
*41
*111A 111%
"
121%
♦120
2%
*2
*41%
v. •>
<
Amer Type
2,100
*83%
■
25
—25
—:
Oct
49
Apr
9% May
213A Jan 14127% Jan 2
42'/a Jan 2
43% Jan 2-
100
preferred
t6%
; ;
;V 4,500
6%
.
7
5%
5'/4
26
22
12
120 Va
74%
74%
74
*5 Va
116
12
120 Va
84
*63b
7 V'a
7Va
*■21%
22
46 %
6%
>.84.
86 Va
*84
...
26
*114
93/4
46 Vb
46VV
122
6%
6%
25 Tb
22
9%
46%
9%t
46%.
>.> 9%
Common
<
•
114
144%
Tobacco-class B—
American
330
1
144%
144 %
145
143%
*9% ;U0
Amer Telep
f 4,100
58%
*49
*11
*
57'/a
58
74
114
*21%
154%
•56 3/4
26
26
26%
155
155
—-
Am Sumhtra
200
1 5,500
1,600
;
58
*120 V'a
52
25%
25%
25%
30%
Preferred
300
i
31
Refining
100
—
100
Tobacco———No par
& Teleg Co
100
American Sugar
1,300
V
;
113
*30
56%
5 Vb
*49
27%
*111%
57
122:
27%
28
Stove Co_
American
200
154 Va
154%
144%
17.
113
30%
■>>
No par
No par
American Stores
700
>
:
14%
*16%
17
56%
74
5
5
31
45%
6%
:
31
154
14%
9%
>'.
122
74
15
>1,500
24%
24% ■i
40
1
155
*150
24%
57
..
*83% .88
7%
*7
85
*83%
32
tPreferred
—
—100
Snuff
—25
6 % preferred——-—100
Amer Steel Foundries
No par
American
400
•
155
*111 Va
;
.
130
>
40 3/4
*40
40%
•
159
*157
160
57
45%
6%
\ 3,300
144'A
9%
7
28
112
*56%
9%
*120
39 Vi
57 Va
.
145
144
39; ' v
28
28
112
28%
153% 154 Va
56 %
393/4
*16%
17
*16%
17
*31
.
154 V'a
45%
7
32
29%
15
112
*111%
112
153%
121%
15
28 Va
28%
28%
111%
15
*16%
17%
16%
28%
15 Va
400
200
24%
24%
15 V'a
15 Vb
24 3 i
500
i
16%
29%
,
24%
1:
■
14%
14%
*16%
29%
*150
150
150
150
24%
24Tb
850
14%
40%
40%
40%
40 Va
40
150
!::
•
16%
*158
161
159
160
160
40
24%
39%
39 V'a
39 Va
39%
160
24%
*120
29%
*145
45%
65%
100
American Rolling Mill
25
4%% conv preferred
100
American Safety Razor
—18.50
American Seating Co.——No par
fAmer Ship Building Co
No par
Amer Smelting & Refg
No par
Preferred
> 5,100
65%
29%
"
19
65%
29%
7,500
15,700
65%
& Light
preferred
L—
$5; preferred—
L-—
/ Am Rad & Stand San'y
$6
"
-100
No par
No par
No par
No par
No par
News CO—
Amer Power
9
13%
16%
r,
"
170
83/4
133/e
*14
preferred
American
5,100
l
39
14
16%
16 Va
Metals Co Ltd—
6%
-
>'4,100
133/4
4:
14
40%
170
*165
170
*165
;■
*165
Mach & Metals:
Amer
:
>70
v
:
2%
V'a
9
9
9 Va
14%
39%
*9%
38%
66 %
:
160
-
39%
16%
39%
9%
39 Vb
14%
29
57 %
40
65%
39%
144%
40%
16 V'a
29
*57%
41%
393/4
40%
:>>. 2%-
23/4
;
■:
*
34
*33
33%
2%
Amer
90
9V4
Jan
59J/4 July 14"
46
$ per share
5%
383/4
May 27 v
5
Highest
r
share
$ per
May
70
53% Jan 7
2 Jan .2
3714 Jan 11
43/4 Jan 2.
5l/4Jan 5
39'/2 Jan 2
73/4 Jan 2
81 % Jan 20 : >
12 % Jan 7
73/b Feb 11
20 % Jan 4
116V4 Jan 29
x26 Jan 4
-A Jan 2
18% Jan 2
16% Jan " 4
8 V'a Jan 2
154 Feb 3
10 Vb Jan 2
54 Jan 2
8% Jan 6
12% Jan 5
27 Jan 5
37 Va Jan 7
144% Feb • L
353/4 Jan 2
145 Feb 2
193/b Jan 6
lHbMar 9
12 Jan 2
17% Jan 14
91 Jan 5
No par
No par
No par
1,800
1
1
50
;
Mach & Fdy Co>
Amer
:
No par
Locomotive
Preferred—100 r
a>
1,700
22%
124
33%
9
170
124
*120
>
9%
9%
21%
*121
.
2 34
9 V'a
I
93/a
22 Va
.
—No par
preferred-
conv
American
1,400
34
2%
34
2%
14%
•
14 Va
29 Va
*143%
*9
65%
29%
56 %
A'
34
993/4
143/8
X22
124
*121%
123
: 9
16 V2
154
9%
22
*963/4
3,200
1,600
'
22%
9 V'a
9 V'4
12%
14%
*
16%
56
14%-
14%
14-%
5%
"
12%
14%
100
Internat Corp
American Invest Co of 111
40
,
No par
preferred
6%non-cum
200
>>■
45
_i—
Amer
100%
100-
*14%
16%
153 Va
13
14%
14%
28%
13
6%
6%
*44
45
1
Products
American "Ice
.2,600
8
>■': *73/4
Va
6
*44
Home
> American
200
53
*52
>:
8
73/4
*6%
6%
44 ,4'
65%
65%
40%
7%
*6%
44
14%
14%
150
513/4
>13%
> 65 %
14%
40%
51%
41%
14 Va
65%
*145
53
73/4
*3%
*51%
13%
14 %
*160 " ' 162
4%
3%
13%
*166
,65%
*16
>2,000
3%
39%
.
14
*14
J,100
3%
40 V4
169 Va
9%
68 3/4
33/4
41%
9 V'4
;
*67%
> > .> 39%
40%
9%
C7> 03 .CO
6«%
69
69
41%
42%
41%
3%
40 3/a
100%
"9%
3
2%
3
33/8
13
*33%
32 Va
*39%
22;
123
71%
3%
100
9
34
34
71
*31%
32
40 3/a
13 Va
*21%
123
123
*123
74%
32
100 Va
14Tb
>
22
*21%
22
*21'/2
A
9Vb
*9
9%
*71%
32
3-%
6%
13%
14%
14%
14%
*9
20%
*39%
8
100
100
100
9934
9934
14 ft
7
13%
13%
13%
Vb
13
19%
3%
53
44
20%
40%
>44%
>
45
*44
20%
*3%
4Va
••>">51%
?■ A 7 Va
; *6%
52%
8Va
78%
*3914
3T'a
'">*3%
*6 3/8
52%
33
*32%
77
x79
75
32
<
.
80
21%
*72%
72
3%
*7 3/4
*52
21%
V'a
4
4
80
83%
20%
21 %
72%
so
"72
5%
82
21 >
3%
27%
*26
2%
72
3%
100%
27%
21%
67%
*100%
143/4
110%
*26%
81
■■■-.
14%
100 %
."> 8 3/4
*313/4
,
15
>>: 2 3/4
81
A.
9%
-.9%
10
v
9%
713/4
.
*9%
*14 3/4
25
2%
80
"
*21
273/4
15%
-79.
21'/8
;r
25
9%
27 V'4
5%
■
108%
*26%
27 >
>
5 5/8
5%
53%
;*
115%
108
:,»2%
•' * *8% >
.27%
27
.
115%
109
23%
*2%
.
9%
*8%
■V::
27
27
2%
"
116
27%
:
"
<*2%
213/4
108%
*21
Highest
!
1 per share
—
72
*115%
14%
100% 100%
9%
36%
21%
21%: 21%
14%
100%
*26%
27%
.'*26%
"
.-
100%
101%.
*100%
101
*26
*71%
*72
25
*21
9 3%
14%
*9%
14*54
14%
14%
14 Ms
:
9%
*9
9%
*9
115%
109%
> 109%
109%. 109%.
>21
25
<
2o
*21
25
*20
21%
36%
73
21%
115%
37
72
21%
185
184%
185
37
72
116
*115%
*115%
83
83
36%
36%
73
21%
"
21%
117%
108%, 108%
21%
117%
83%
*184 5/8
37
37
*7i%
21%
*21%
*1151/2
!
184
184%
37%
*'<0%
85
1845b
184%
184%
6%
■r
,
...
63/4 > 63/4
6%
,
135
*133
83%
7%
35%
35%
36
135
*83%
84
84
83%
*37
185
36
*133
6%
83%
<■•104
.
8
36
133%
Lowest
,
7 3/4
*73/a
8%
7%
134
135
6%
83 v2
*57
*35
35
*133
7
6%
58 Va
7%
8
35
135
*133
135
*133
16%
58%
*
37
*35
35%
*7%
8
*7%
8
*7%
34 y2
16%
•-
Lowest
t
'
1942
Year
1
January
S per share
18
July 9
American Bank Note
;
10 > 8% Jan 5
500
603/4 Aug
4
6% preferred
_
—50
47 Jan 5
120
9 3/4 Apr
8
American Bosch Corp
1
4% Jan 4
400
433/4 July 14
Am Brake Shoe & Fdy
No par
27s/s Jan 2
134
,Aug 18
I,100
:
5%% conv preferred
100
127% Jan 4
9 % May
4
20
Amer Cable & Radio Corp
1
3% Jan 20
91% July "15
2,600
American Can_
>
25
71% Jan 2 ; 185% July29
600
tPreferred
;
100
173
Jan 9
130
45 Va Jun
1
American Car & Fdy
No par
24 y4 Jan 6
80
July 10
2,900
Preferred
;
100
64% Feb 15
600
24% Apr
7
> Am Chain & Cable Inc—No par
18 V'4 Jau 5
116 V'a July 23
1,400
t5% conv preferred
100
109
Jan 22
60
1123/4 May 10
tAmerican Chicle——No par
96 Feb 4 y.> 24% May 20'
320
Am Coal Co of Aliegh Co N J
-25
1934 Feb 1
11% May 6
American Colortype Co
——10
63/8 Jan 26
200
18% Feb 25
>
10
14 Aug 2
700 t-i American Crystal Sugar
104'/a Jun
2
>■ 6%: lst preferred_._>_«__»j>>..100
97% Jan 27 : 31 > Jun 4
'■>:> 120
Amer
Distilling Co__
;—.——20
153/a Jan 8
4V4 Jun 10
American Encaustic Tiling—
1
la/4 Jan 2
"V- 900
10
Aor
5
Amer European Sees
—No par
6a,4 Jan 8
100
29 % May 18
American Export Lines Inc——1
24
Aug 2
9
May 10
>>5 5,800
Amer & For'n PowerNo par
l3/4 Jan 2
873/4 Jun 16
9,600
>> $7 preferred
1
No par
46 '/a Jan 12 •' 26 July 14
1,300
$7 2d preferred A—
No par
7 Jan 6
78% Jun 17
6,900
$6 preferred
No par
39 Jan 6
36% Apr
1
>1,000
American Hawaiian SS Co
—10 ,
30 Feb 23
800
4V2 Apr
6
> American Hide & Leather—,——1
2% Jan 4
500
40% Jun 22
6% conv preferred
——50
35 Jan 5
100
58%
16%
Range Since
v->Par
Shares
16 y8
*153/4.
59
59
59
*58
the Week
I per share
share
$ per
share
per
*16
15%
15%
16%
59
16
.A.$
share
$ per
■
.
STOCK
y\> EXCHANGE
NEW YORK
Sales for
Aug. 20
Aug. 19
Aug. 18
Aug. 17
Friday
Thursday
Wednesday
Tuesday
Monday
PRICES
SALE
10
i-
Apr
7
6
12% Apr 29
57 * May 26
28 % July 14
12% July 22
44
July 14
19
July 15
20% Mar 22
x29
May 27
33 Va July 19
114
Mar 16
107% July 30
14
July 26
3"*% J"'" 13
14% Apr
Aug 10
11% July 1
113
20% Mar 16
39% Apr
17% Jun
56 Va Jun
38
July
17
Jun
69 V« Apr
121% July
6
5
5
3
28
6
20
Deo
31
Jan
2 3/4
Jun
4Va
93/4
Jun
14%
Jan
2%
Jun
4Vs
Jan
4%
Jun
7%
Jan
4
Apr
6%
Jan
22
Jan
<
Dec
36
6% Mar
13%
Dec
Apr
6%
NOV
243/4 Aug
33%
Dec
8%
Jan
123/4
12 Va
Jun
18 Va
Jan
Apr
X23%
Nov
26
Oct
105
Oct
30
Feb
4%
15%
Apr
20
Mar
103
23%
Jun
64
Apr
.
6% May
93/4 May
28% May
9% May
46% Mar
17%
8Va
Apr
Dec
49 Va May
105
July
Dec
1103/4 Jan
9% Dec
173/b
Nov
39% Jan
15%
Nay
54
Sep
24%
Jan
8 5/8
Dec
66% Jan
121
Jan
Volume 158> Number 4205
;
THE COMMERCIAL & FINANCIAL CHRONICLE
•
.
^
NEW YORK STOCK RECORD
LOW
*17
33%
18
*8%
■,
9 >
>:
9 per
share
17%' 17%
*17%
18%
15%
*14%
15%
*95 Va
98
*95%
98 >
15%
.
15%
*47%
48
*93%
95
48
48
29
29%
48
95%
48
28%
28%
28%
33%:
•"*3%
33%
*35
35%
3%
♦35
35%
♦31
>
33
8%
'
■
17 V4
*17%
18%
*17
15%
*14
15%
98
*95%
98.
*95%
15%
15%
15%
48
48
48
94%
98
*47
48
>
*92 >,
800
Blaw-Knox
98
-1-Vv.;' i'y':.
94%
*92
Bohn Aluminum
400
94%
'
wiL,'
3,000
Bon
10
:
*31
47-
48
48
29%
29%
29%
*47>•
28%
28%
-:4 % ■
34%
*37/a
>
48
29%
-
28%
34 Va
28%
34
*3%
*31%
10%
;>::i IO3'8
27%
42%
42%
*41%
4%
■••>*47:
* i
•29%
28%
28%
34%
35
>
48'.-
:
29%
*42 >■
44%
.i
33%
id%
27%
*35
35%
•
33%
27%
■
-3%
•
•
29%
v
28%
Class
».110
.
Bond
2,400
,
10%
27% •:
>
'
.
IM'-c
•:
>35 :'--'
33%
*33
■>
35% >>
*35
>
■
li0%
:
10%
10%
'•34V>">> >- 33
10%
27%
r
27%
:35%-
15%
15%
27%
40 %
*39%
18%
18
8%
19
76
Jan
14% Jan
9
13
Co
No
,
par
par
Bower
<
13 i
MO
;
107%
17%
8%
8%
8%
116%
♦115
116
•
6%' /.
106%
107%;,
107%
'• •-15% •; 153A
x40% >40%
-
40 %
•
17%
116 %•:
15%
:■
17%
8%
/
53%
53%
53%
54
6%
6%
105%
105%
*103
52%
•
53%
,
*
*8Va
8y4
20%
'20%
*33%
33%
33%'
July 14
•
27%
>*27%
17%'
800
>
100
116
"103-
-
i?
c
6%',
,'103
No
110
t7%
470
Aug
par
No par
*107%
108%
*107%
12%
12%
<12%
4%
51% -<'51% "
preferred
13
Jan
6% Jan
4%
-
Budd
2,500
18%
20%
>
100
Wheel
—No
Buffalo
Bullard Co
500
Bulova
600
Burlington Mills Corp
108 y»
200
12%
3,100
.5% preferred
Burroughs Add Mach
>
Bush
.1,600
Watch
No
36%
~90
Bush Term
9%
3,900
Butler Bros
14
•
400
3%
1,100
.
79%
*19%
19%
*25%
26%
*54%
55
800
>
40
7 y#
*33
i
7%
i6 y«
16%
23'/a
10
9%
*33 y»
9%
34*
100
10
Pacific
Canadian
13,200
Nov
35
Jan
9%
Apr
6
Dec
■».
14%
;
1
18% July 16
Jan
Jan
3ya
Dec
85%
Dec
2% . Apr
47 Va
Jun
5% Sep
11%
Oct
8%
112%
i
>7% Oct
Sep
15% Mar
108% Jun
7
15% Jun
7
> 6 % Jan
6% May 4
41* Jan
6
75
May 3
21% Jan
6
427/8 May 4
"
5 % Jan* • 6 >> 10% July 15
>> 20% Jan
2
29
July 15
>
2% Jan
2
5 Va Apr
7
2% Jan
,
2% Jan. 4
.
5
*
5
16
Jan
>
1 Va Mar
6% Jan
4
15V8Aug:: 2
13% Jan 13
29>/2Jan 23
6% Feb
9
—25
11%,May
Feb
Jan
24%
Oct
6%
Feb
;
44
Feb
Nov
21% July
\ 3%
Jan
2 Va
Apr
6Va Mar
Nov
Dec
65
Jan
10
Jan
17
Deo
16%
20
10%
69 Va
Jan
■22%
50% Apr
Va-rJun
1
9V4 Apr
7
19% Apr
7
247/8 July 14
38 , Mar 31
,
Oct
3%
;•
>Sep
19%
30 Va July 13
"56 . Mar 27
>
\
*"~9%
4% Sep
6
25 Va May
Oct
Nov
16
2
83% Apr
•
9
% Jan >2
•
18% July
(.Jan: 8
25
40
,
9% Jan
100
Ry—
10%
xl03% Mar
10%'Apr
*29 %• Apr
Jan
Apr
-
1%
28 % July
;
Jan
Apr
20% Dec
s—5
Wo par
5
y- tCanada Southern Ry Co—
7
Va
14% May
_1
Campbell W & C Fdy
Canada Dry Ginger Ale
5
-
7
22% Jan >7
52% Jun 24
Zinc-Lead
Calumet & Hecla Cons Cop
■
.2,100
34
.
:
>400
22]A
;
5
1
-
Jan t 2
Apr 20
Jan
4
72
Callahan
1,800
16 Va
23
23
30
conv
Jan
1
42 y4 July 23
20 y4 July 10
6
California Packing.—_——No par
-t5% preferred-——.-—50
900
1,200
*16'/a
—10
Nov
43
31% Jun
Jan
Byers Co (A M)
No par
Participating preferred—s.
100
Byron Jackson Co———No par
90
<*
-100
preferred—100
35 Va
Apr
26%
—100
».
Jan
ft Apr
35% July 19
No par
preferred
Butte Copper & Zinc
800
14
>
79%
5%
Bldg 7%
7
Nov
Nov
16 % May
19 Va May
;_1-
——1*
6% -preferred;--
19%
24%
>20%
105%
9%
par
:
Terminal—
9%
28%
.
——No ,par ?
*34%
.
'Sep
'9%
21%
1% Mar
181/*- Jun
6%Jan:4
14% Jan. 5 '
July'28
y
par
Forge Co__—r——1
58
*3%
20 %
7%' Jun
2
10% May
6
118yaJuly27
3
Jan
2
V 9% May 10
*76% Jan >8
116% May 10
50* Aug
7:>54% Aug 17
i~Wo par
600
.
4
No par
:-U
300,
*52
*28
Nov
15% Jan
12
5
100
$5 preferred
"
4
104Va Jan
par
—
—
>•'■
4^ Mar
9Va Jan2 ;
29% Jan
8
Wo par
No
Bucynw-Erie Co./..
7% preferred
Budd (EG) Mfg—.—
40
5,900
i
-
''
■
—Wo par
Bruns-Balke-Collender
1,600
v
Wo par
5
j
Brown Shoe Co_
700
•
27%
*17%
*20
Oct
31%
26
':• ?.% X1
:•
52
3Ve
30
8y9
8...
xl5
,7
Dec
Jun
* Mar
'• May
25
\ '
44
33%
*27 y4
..
Dec
28%
44% May 21
.8% •,-:8%
•
'106
.
22%
1%
37% Jan, 7 ;
V* Jan 13
'4,400
5
Feb
18% Mar
33/ Jan. 16
-
>
,
12% Apr
30% Jun
Dec
95%
Jan
Briggs & Stratton.—1
,
4->
Jan
43
19% Jan
;■
7;;33% Aug 18
4
Dec
21Va
Jan
Bristol-Myers Co—
Brooklyn & Queens Tr
Bklyn-Manh Transit
Brooklyn^ Union Gas
*115
6%
*
'Jan
Jan
75
>"
40%
100
42%
•
■.
12
.17%
200
•
par»
-V
Jan
Apr
20% Jan,
—Wo
Jan
13% May
3
37% July 23
>
14%
May
30%
Bridgeport Brass Co
17% '
8%
6%
i
,
116
X52
54%x>
Jan
9
16
Jan
1
.
'
Brlggs Manufacturing.*——No par
"15%' vl5%'i
*39%> 4i'' >>
••
17%
*115
116
20
6 Va Apr
7%
Apr
72
2,600
2,500
-
15
2
9
19%
July
13% May
25
May
>
Dec
Apr
58
2,300
27% '
•
15%
Roller
Bearing Co.:
Brewing Corp. of America
300
"29y8 Aug
5
39'
July 14
22% Jan
>>
2% Jan
5 > 28% Jan
29
Sep
8
29% Aug 18
26% Jan
100
1
11% Jun
21
8
.—5
'
*53
Jari
17
Jun
Highest
j
9 per share
Apr
5
96%, July 29
51
July 15
—15
Corp
14%
July 2421% Mar 30
56'/a May 6
2
89% Apr 24
38% Jan>2
1
(The)
6
17
100
41% Jan
18%
10V4 >10%
.„/-%
6% .6%
7
26
5
27
27%
:>• *4i%> 42%-.
is y4
116%
-.6%
9% Jan
No
Borden
f'33,vX".
•"
*41 y2
40%
*17%
104% ,106%
19y4Julyl4
•
;io%'>
•;
15%
*39%
•
5
5
Boston & Maine RR
•
Vk
*15%
8%
13% Jan
par
Inc
Borg-Warner
200
■
117%
liy4Jun
—.5
B
5,700
34%
*33/4
■
m
;: %
81/4
2
.100 1
class A
Stores
3,600
28%
34 Va
•
"3%
42%
44%
■
-
35%;-
i >*35;
.-
33
27%
"115
8
38% May
419% Mar
■
t per share
27% Jan
16
Jan
6yaJan
'•
33%
•*.
10%
Hi
Co
Ami
No
Brass—
&
1943
$ per share
par
—No
Bloomingdale Brothers
Blumenthal & Co preferred
Boeing Airplane Co
•
:
••
jrrevious
Lowest
5
Co_——.
Bliss & Laughlin Inc
-15%'
47%
47%
$ per share
No par
Black & Decker Mfg Co—No par
2,90G
15 Va
••
Par
Bigelow-Sanf Carp Inc
!,15% H
*95%
:
>•>■•; >
■>»;
Range Since January 1
Lowest
Highest
>-r>'•
: v'
.
.1,400
.
>'
STOCK
EXCHANGE
•18%
*14
•15%
15%
'
94%
*93
.
>
NEW YORK
'
.4
*27%
*42
17%
>18%
*14
>
r
.
•>9
8%
>;>
for
the Week
.
Shares
34%
34%
17%
18%
29%
■/,
>
34%
.3%:
8%
47
29% >
28%
87/a
/
>■ 9 per share
34%
17%
34
17%
15
.94%
29
33%
p
*95%
15%
47%
.
48
.
8%
>>>
34%
•
U7%
.
15% .>■;
*93
17%
>9
Aug. 20
$ per share
share
Sales
Friday
Aug.
*14
18%
>15%
>>*47,>::
34
17%
8%
*14%
$ per
34%
17%
9
>9
*17%
...
STOCKS
.Thursday.
Aug. 18;;
■
share
34
33%
PRICES
Wednesday
j:.;>/Aug. 17.
9 per
33%
SALE
HIGH
Tuesday
Aug< 16
9 per share
*32%
AND
Monday
Saturday
Aug. 14
5%
Deo
53Va Nov
1% Jan
Jun
7s,'a
Nov
11% Jan
16%
Nov
15Va
Deo
9Va
27 Va
Dec
33
3%
7
Apr
Jan
Aug
7% Nov
v
*42%
">
"
43'/a
45 %
•
*42%
,7
*43%
*43%'
'ft
*7
43% 7%>
*42%
43%'> :' r *42%' "43% "•">••'43% >43%i» ;»:"43%^'43%;>^; V>> ' 300
-;
*7%"
'7% - 7V2
*7%
1,300
>
>:• *43V2' '>45V4'■.*
*43Vv:. ■-•4
*43%
45%
7%
•
45%
r
96%;
*96
$3 preferred A
*4Va
:
*139
i.:i
111%
*109
*137. *
140'
48
•
28
*4%
4%
111%
*noy4
*137 >
3
140
>
*27 Va
;
4%
v
28
*4%
111
96% >;
,
-
"
*96 V4 ;
*
•
110%
Ill
140
140
48%
49
49
■
'
•:4%>
48
36%
37%
*37
*
37%
*105%
107
105 Va
107
*126%
126%
126 %
115
114
36 V4
126%
*113
48 >
47%
,
114
36'A
*105
••
115
13%
13%
13%
18%
19
19
19
19
| 19
.
>;■"
"
19-
37; '
1,400
37%
:
115
115
13%
13 %
*114% 115
13%
19%
*18%
19%
18%
19
v
20
:
loo-
18%
2%
*2%
2%
109%
109%
109%
109%
11%
11%
20%
20%
*5%
6 S
>
11%
12
20%
20%
20%
6%
*5Va
6V4
11 Va
*20%
*5%
*102%
105
*102
,
19
18%
187/a
2,800
36%
*57/a
*55%
56%
55%
18%
22
*20
:
108
*29%
29%
30%
17%
,
30%
30%
45 Va
45%
45%
46 Va
45%
*108 572
109%
*108 37a
109%
108,12
*7 y4
7%
7 Va
7%
f'.
36%
Certain-teed
57
58
56 %•
57
760
18%
*17%
21%
*20%
107%
30 V*
107
18%
-
,
*17% >18%
*20%? 21;
>107 > 107%
21%
107 >
30%
29%
29%
13
13
*12%
13
:
:'
.
12%
46%
46%
46 V2
45%
46%
109%
*103 372
109%
*108 372
109%
200
7%
7%
*7%
7%
•7%
900
12%
32
.
13
4%
4%
4%
4%
18%
19%
19%
19%
19%
19%
19%
19%
14
14
14
13%
13%
13%
14
17%
18
*17%
14%
18
*39
40%
*51
17%
3%
14%
16 Va
'
*39
52%
16 Va
3%
16%
Va
*14%
14%
*. *3 Va
•
4%
*17%
*16'/a
'3%
3 Va
t
17%
*14 Va
.14%
16%
*16%
4%
40%
51
52%
."
51
*39
39
39
*51
4%
3%
>51%
14%
*16
3Va
4%-
*4%
19%
7V+,
12%
13
12%
>>■ 4%
*13%
37Va
32
38%
Deo
89
Jan
Feb
4% Nov
Jan
14
Jan
/
.
*4%
18%
19
14%
1,800
17%
18
39%
*39
52
*51
14%
>18
500
40
200
52
Va
10
14%
*13%
14%
16%
16
16 Va
16'/a
3%
3
3Va
2%
*13%
3
Chickasha
4,200
-
Childs Cos.—
.
Oil
Cotton
7% Jan
2% Jan
10% Jan
6? Jan
6
4
4
Aug 17
Jun
5
*
65% Apr
>
■
par
10
Apr
07%
Deo
120%
Jan
77
Apr
97%
Dec
6Va Aug
8%
Deo
16
23% Jan
Apr
1% May
>90
•,
2%
Mar
110
1% Jan
>
11Jun
3%
18
2% Apr
82
July
104
Jan
135
1%
Nov
Jan
Oct
Jan
3% Nov
27
Dec
Oct
Apr
3%
Nov
23% Jan
32%
Deo
19
Jan
18%
Oct
15% Sep
6
14%
Jun
93
Apr
100% Nov
22
5% Apr
23
31
27% Apr
9% Oct
36% Jan
89
98
8
Jun
Feb
2%
Deo
8%
Nov
2%
Jan
1% Jun
8%
>
Jun
13%
Sep
7Va Nov
4Va Jan
12
Aug
17%
Jan
33
Apr
39%
Jan
47
July
52
Jan
Jan
11%
Nov
11% Jun
13%
Feb
8%
10
3% May ,4
Apr
%. Apr
2% Jun
7% May 12
2
21% Jun
15% July 23
18
2 -1
Deo
42% Deo
29% Deo
Apr
Apr
5
May 1
May 27
Apr 30
1% Jan
130
Apr
17
22
41
54
15%
4
3% Nov
78 "Deo
Jan
Apr
15
1
13% Jan
par
par
•
82
11
17% May 13
•
-
28% Nov
110
Apr
5
July 16
Jun
7
Mar 12
15% Jan
6
37< Jan
8
48% Jan 6
11% Jan 12
par
*.No par
——
30
Jun
7
May 13
113 % May 10
41
Apr
8
7% Jun
4
.7
50
400
.
par
50
-5
Chicago Pneumat Tool
—No
$3 conv preferred
No
tPr pf ($2.50) cum div-—No
Chicago Yellow Cab
No
117
17% Jan 12'
19% Apr
July
18
Jan
5
24
99% Jan. 8108 * May
8% Jan 13
34 . July
July
33% Jan ,• 2
50
95%-Jan
5
108ft July
2% Jan, 2
9% May
-40
:
———
400
•16 Va
.
A
Chicago Great West RR Co
5% preferred
Chicago Mail Order Co—
2,300
U
17%
*51 Va
52
v
19%
39%
17%
40%
4%
Class
1,300
1,000
14 Va
•
xl4
—No
July 13
14%
21
23%
3%
109%
18%
23%
7%
8
100
Preferred series A
Chic & East 111 RR Co
May 10
-
128
July 16
117% July 6
2
32% Jan
6
40% Jun 25
108
July 22
Mar 19
3
100
'
'
12%
Jan
July
Jan
Jan
Jan
Jan
Jan
Jan
Apr
77
Apr
22% July
2 % May
54% Apr
54% July 19
7
98
—No par
& Fib Co
Wo par
preferred
———4——-100
Checker Cab Mfg
1—5
Chesapeake & Ohio Ry—_25
6,200
45%
*108372
12%
7%
144
4
1
2
31
12
2
4
12
2
7
x33
,6%
600
Jan
Feb
par
Cham Pap
7%
46
108
26% Jan
Chain Belt Co
:
190
"
*29
No
Products
6% prior preferred—
i0°
;
•>
11~ * 123
100
-
Cerro de Pasco Copper
1,200
36
5% Apr
"
4 95% Jan 26
•
.
29% May
l%.Feb
6
46% July 22
96% Aug 18
31V* May 29
8
—1
Preferred
2,900
6
30%
30%
■10
104
■57/a
107%
v
'6%
i,80o
:
3VaJan
> 77% Jan
100
100
—
6
*20%
107%
19%
*iooy4
36%
2,200
7 r":
40% Jan 21
6
57
*17%
21%
107%
18 Va
.
104
*36 Va
600
190
-
*10% >11%
6
*100%
110%
*5%.
20%
*5%
6Va
56%
17%
*20
107%
•
37
6'/a
57
11%
.
104
36%
6Va
*56
56
21%
107%
6%
;
20
36%
*6
18%
*18
*20%
*18
20%
102%
6 Va
*107
*11
20%
■
109%
109%
11%
36%
36%
5%
109%
2%
2%
*109
Jan.
25V4Jan" 8
119
i_.
;
;
96%
Celotex Corp
No paryy
8%
5%
preferred new
20
18%
Central Agulrre Assoc
No par.
16%
Central Foundry Co
1
1%
Central 111 Lt 4%% preferred—100 •
97%
tCent RR of New Jersey—i
100
3
Central Violeta Sugar Co
13
Century Ribbon Mills
-No par
3 >
780
>
.
'
Caterpillar Tractor
No par
Celanese Corp of Amer
Wo par
>•
5% series prior preferred
100
prior preferred
7% 2d preferred
2,800
,i9v
18 Va
2%
2%
11%
:
102%
36%
57/a
2%
*2%
*109
*5%
*102
..
105
36%
'
:
127% Jan 21
-
7%
80
'
13%
13%
19
>
1,900
*
107-
126% .126%
■
„„
19%
37% ' •
•'
107
.
126%
x85
100
—
'
18 %
2%
*108%
11
9% Apr
Jan 25
100
-Preferred
210
48%
48%
13%
i
300
»
>.;:i42'>;;
'
109%
47% July 2l,
-
^VaJan-a
40
Steel
Carpenter
400
110%
110%
*138
37
107
*126%
*114%; 115 >-:■
13%
2%
*2%
-1
Co*—
—5
Carriers & General Corp———«•—1
Case (J I) Co-Ji
:
100
.'
;
'
107
126%
126%
115 >
13%
19
37
107
*105
19
13%
^
36%
107
126% 126%
>
18%
48
-••
tCarolina Clinch & Ohio Ry
210
V
28 >>V
)
*47%
96%
27 Va '
4%
•
4%
139%
139%
/
>'96%
28
*27 Va
>
*110%
111%
96%
967/a'
'
4%
,
48
•
96%
*27
4%
140
*109
•::>
*96 V4
:
28,
4%
4%
36V4Jan 21
r
par
—10
•
96% >>
96%
*27,
28
-No
Capital Admin class A———
"
'
> *27
Mills—'
'Cannon
>
■
'
45 V4
*43%-
1
Dec
20
v;
May
2%
Feb
1
27
76%
77%
76%
15'/a
15%
15%
104%
*103
*43%
;■
•6%
*43%
>
35%
77%
28%
77%
.
27
78%
78%
15%
15%
15%
15%
101%
*103
48
6%
*34%
*27
28
*27
27
,104%
104 Va
104%
47%
*44'%
47
.
*43%
79%
*27
27%
X79
79%
27%
78
79%
15%
15%
15%
105
*103%
106 Va
>102%
47
*43%
15%
45
45
Co———————.25
Corp
>
5
11,000
-
15%
106
Chrysler
City Ice & Fuel;
6%% preferred
2,700
120
N
7- '
*6%
35
*34%
35
6%
6%
6%
6%
45
10
*6%
6%
35
35
35
*130
140
*130
?35>>>;
35 Va
400
140
,
*65 Va
*130
*65 Va
80
*116
116%
*36 V8 "37
*130
140
80
*65
116%
>116
>>*36%
140
Va
80
*65%
80
*65%
117
*116
115%
116
*115%
-
37"
-
36%
36%
140
.
*36 Va
37
36
110
*107
*130
80
f
*65 Va
.....
116%
36-
35%
i> *107
110
*107
110
*107
92
*91 Va
92
*91 Va
92
*52 Va
55
>,*52%
55
*52%
55
*52 Va
*38%
39%
39%
39%
39
39
38%
39%
*52%
"38%
36%
36
36
36
36%
36%
36%
35%
>*91%
36 Va
*
110'
148 %
155
148%
148%
113
113
114
114
*64%
64%
65 Va
*820
*820
•x
>;
*148%
155
114
65%
-
114%
64%
*820
r:
*9iy8
-
64%
u
*148%
115
65
55
*148%
155
113
116
65
,
*820
>
92
92 >:
'
? .•:
C. C.
>•';'••••:'
115%
35% 4
"
110
*107
140
80
115%
*107-
>
*91%
300
55
-
93
10
'
*52'/a
39 H
38%'
38%
36
36
■
2,300
36%
1,600
*148%
114%
>
■"
*820
155
*113
155
65
55
.
115
•*65
.
,
>
20%
*108
108 Va
m
20%
*108
20%
108%
20%
20%
108
20%
21
108%
108'/a
108%
108
108
25%
*25
25%
25
25
21%
>65%
*108
>;
4,000
108%
& St.
5
No
Louis Ry. Co
par
100
100
preferred-
Preferred
par
T
100
(The)
_50
>
——No
par
par
,
250
-
■
^ Jan .23
Feb
6 /
37% Aug 3
33% Jan 12;
May 13
-
Jan
4
62% Jan 11
88
32% Apr
8
853/8 July 15
15% Aug 18
105
53
v 8V2
39%
130
July
July
Jun
July
Jan
74% Jun
116% Aug
38% July
107 • Aug
22
J5
25
7
18
7
10
26
12
92
Aug 19
53
July 12
48% Mar 30
40
July 20
150 > Jan
8
123
July 14
65% Mar 5
—1
->7, —
,16% Jan 11
22% July 14
,103% Jan 12
109% July 17
i—Wo par
—No par
t$4.25 preferred
2
4
10
13
13
17
2
4
22
7
84
50
142
par
tCIass A
-——No par
Coca-Cola Intern Corp—No par
Colgate-Palmolive-Peet:
■
._50
100
———
Co
Jan
Jan
Feb
Jan
33
Jan
123
Mar
67
Feb
109% Jan
28% Jan
101V4 Jan
100
-
preerred
Coca-Cola
400
.21%
5%
•'
50
800
*820
21% >21%
i
i;
tciev & Pitts RR'Co 7% gtd
Special gtd 4% stock
Climax Molybdenum
—No
.Cluett Peabody & Co—
No
*
20
C.
10%
96%
27
2%
par
100
Clev El Ilium $4.50 pfd
No
Clev Graph Bronze Co (The)
I 110
>92
65
5%
—
60
1
Wo
-
Clark
'
*130
-
—
City Investing Co
City Stores
Equipment
;>
400
35%
-
"
;
24% Jan 30 **'.
67% Jan
7 -
Chile Copper
40
•
*6% ■? 7,
*34%
*27
27
25
43% Jan
70%
Jan
Deo
9
Jan
92
May
99
Aug
32
Oct
34
Apr
10% Aug
2% Mar
28
120
3
Jun
Dec
39%
Jun
Nov
125
Deo
67%
Apr
72
Mar
107 %
Jun
112 %
Nov
31%
Dec
22
May
95% May
102
77% May
Deo
84% Mar
47
May
50
Jan
32
V4 Apr
44
Jan
25%
36%
Apr
Jan
Jan
149
Nov
56% Mar
92
Nov
139
55
Va Jan
470
Feb
•>
63%
470
Jan
Feb
11% Mar
17%
Nov
97% Apr
107 Va
Deo
'
25
25
25.
*25
115
♦Ill
115
*111
25 .'J
*112
*15%
16%
*15%
■
16%
11%
11
16%
*10%
•
115
♦111
115
17
16%
16%
*111%
'
115
*10% : 11%
11%
11%
11
11
10 V2
10 Va
11%
11
11%
11
11%
11%
11%
11
11 Va
10%
10%
10%
10%
10%
10%
10%
10%
10%"" 10%
22
22
22
X21%
21%
22
22
X21%
21%
21%
21%
*21%
21%
*21%
21%
21%
For
footnotes
see
page
747.
'
217/a
21%
10%
*10
Collins & Aikman_
5%
-16%
11
10%
21% .-21%
*21%
700
115
*15%
11%
*21%
*111%
25
16%
16%
11
*21%
25
21%
1,200
-
260
:
conv
I
preferred
Colo Fuel & Iron Corp
& Southern
Colorado
"1,530
4%
1st preferred--
500
4%
24 preferred—
700
500
Columb Br'd Sys Inc cl A
c.
Class B_
No'par
100
No par
,100
100
100
2.50
—2.50
I
17% Jan
108 ■?Jan
14% Jan
> 2% Jan
3% Jan
3
Jan
15% Jan
15% Jan
4
7
4
2
2
2
6 ;
2
28% July
111
Apr
19 /8 Juy
14% Mar
12% May
12% Apr
24 /a July
24% July
15
13
14
15
12
2
14
14
18%
10% May
108
96
May
13% May
% Apr
18%
4%
5%
May
% July
8% Apr
Apr
Sep
Sep
5
1
8%
Oct
Dec
Jan
Sep
16%
.
Deo
16%
Deo
740
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW AND
Monday
Aug. 16
Aug. 17
S per share
37/a
t
4
3%
4
4
4i/a
'
'3%
3%
-
4
70
'<
66
>
921/a
92'/a
X9iy2
921/a
911/2
911/2
15%
15%
*151/2
157/s
151/4
151/4
38
*37!/2
38
*91%
95
>91%
16
*15%
16
*15%
16
>371/4
38
*371/4
*371/4
38
*39'A
39%
*107
43 y8
43 y8
43
141/a
14'/a
14
U
%
67
■
111
43
v
* 107
701/2
39%
39%
39%
*107
43
*651/2
92 '/a
39%
111
*107
111
71
71
111
•
421/4
63
25%
j:
*2T)i/2
21
113
106
9%
105%
9%- ■>;:
9 3/a
23%>
23%
21
21
21
20 Va
20%
*111A
-
113
105%
,
*8%
*1113/8
106
105 %
-A/"
114
114
\
>
'
106
105%
114
.
■
;
221/8
22%
221/4
1041/4
1041/4
"4%
22 Va
1041/4
22%
104 Va
1043/a
:>
_4%
"4%
■
23
22%
104 Va
22%
104 y4
"4%
1%
~4 %
>■
"4%
"4%
223/4
22%
22 3/a
1U4%
•104 %
•
> A
227/8
104%
104%
*21/4
*51/4
23
151/2
,
23/4
23/4
*2%
23/4
23/4
2%
*15Va
153/4
15%
15%
153/4
15%
6%
6 Va
*51/4
5'/a
14%
2%
151/2
2%
2%
16
15,400
'•2,300
t
;
5%
5%
5%
14 Va
143/4
143/8
14%
23
23 Va
»223/4
51/2
14%
15
15
■
22%
23
15
*141/4
15
*14%
11
11%
*11
113/a
38
38
♦37
>
15
11
38
23
>
•-
2%
"v
2%
16
*15%
14
23
-
14%,
x223/8
6
.6%
'
11
•>
*36%
38
14%
103
103
1021/4
102%
20'A
20Va
20'/a
20%
20%
8%
8%
8%
8%
8%
8%
'
IIV2
14 Va'
21%
21%
13%
22%
14'/a
-
llVa
*37 V.
38
102
1021/4
*20 i/a
14
14%
ir%
.
•37
102 %
102%
11%:?
13%
32%
31%
32
121/2
12'/a
*37
38
103%
103
102%
'47'%
121/2
5%
34%
341/2
341/2
48
34%
5%
13j/2
13%
521/2
52
52
»44i/2
45
441/2
13
.>:•
107%
106%
106%
>
331/4
33%
*12
.
13%
12%
12%
48
48
6i/a
6
33%
11%
34%
26%
*251/4
12%
*12%
13
12%
54
*52
54
*51%
13'/4
127/a
45
*52
35
34%
25%
l
""*441/2
581/2
59»/2
59%
♦J82
183
♦1821/4
182%
♦182%
183%
5
5
4%
4%
4%
59%
*591/2
60
60
45%
60%
17%
45%
2
2i/a
'2
2%
19%
♦106'A
221%
22 %
20
*1061/4
*22
19%
60%
60%
184%
1831/4
4%
60%
4%
4%-:
2
2
■
106%
106%
107
22%
>21%
21%
*19%
20%
201/4
27 1/2
•27"
45%
*45
♦45
19%
19%
22
*19%
20'/a
27
108%
108
22
22
♦19%
27
45
•
19%
19
108'/a
20
108 '/a
*21%
27%
45
20
19%
45%
15%
15%
15% >.
15%
15%
15%
15%
98Va
98 '/a
98%
98%
*98%
98%
98%
98%
32%
321/4
32%
32%
32%
32%
32%
32%
32%
76
75%
751%
75%
75%
75%
75%
*75%
76%
21 y8
21%
y
11 %
l
21'%
■
21'/a
11%
12
11%
♦10V
18%
18%
23
110
6%
6%
77
40%
41
7'/a
*23%
*106
6%
18%
*23%
6%
♦106
6%
41%
41%
'401/4
41'/«
40%
7%
71/4
7'/a
7'/4
75
*75
•
*101
98%
103
is%
>
Ar 23%
>
6%
75%
♦76
40%
*17%
23%
*106
201/4
♦95
20%
20'/a
20
■7
20'/a
22%
109
►100
109
*100
100
100
100
*95
105
Xl9%
109
>95
100
*22
-20
201/4
*100
109
221/4
,
22%
22%
22%
22%
*100
76
-
t7%
7%
19%
7%
Cuneo
,
*95
•
6'%
*6
193/4
*18
6'% y
193/4
22%
•"
-
3
23'/4
9% Aug
Jan
33/a
Jan
18%
<
Dec
12 3/a
Dec
74% Aug
89 i
Feb
Apr
973/a
Feb
4
4
■
2 /■
.
51/
Jan
6a'4 Anr
Sep
"7%
Jan
113/, Apr
167/8
Nov
78
94-
7
24% July 15
5
105
.
July 24
10
6% Aug 19
Apr
Jan
21% Mar 29
43/8 Jan
3% May 12
.;
v
/
% Jun
19% May 12
7
% Nov
Apr
9
Jan
l'/a Jan
3
Oct
27% Mar 30
11
16
Aug 11
24
38
Jun
V
3% July
:
16% May 10
*>:.43/a Jan
8%
Jan
9
<
Nov
14
103% Aug 19
"23% Jun
82
May
11% July
-2% Apr
•
7
.11% Jun
2
Press
96%
Jan
/ 163/4 Oct
/
Dec
5
—.3
;10Q
;100
preferred
No
pfd
1
Apr
14%
Dec
Jun
987/a
Nov
16%
Dec
5% May
•>9%
Dec
20%
Nov
14% May
32
Mar
6
113r
July 14
106% Jun 10
88
7
10
90
6% Jan
19
Jun
Dec
13% Jan
Mar
19%
Sep
100.,
Dec
^
,
Feb
Jan
2 /
32%
12
20%
Oct
9 Va
Jan
25%
Jan
Jun
5% May
•v
Mar 29
Feb
Jan
9
95%
13% May
•
8 v>
24%
133/4 Jan
&
9
9 % Apr
% Aug 20
NOV
140„
:8% May
7% May 10
413/4 Aug
Jan
Nov
84
Jun
13
May 21
♦
Jan
88%
39%
•
74% Jan
20% Jun
105 :.
•
/ 12Ve Sep
Apr
233/4 May
82% July 20
163
'Jun
•22% Aug 11V"
8% Jun
5
Jun
14% Jun 11
81 % May 10
;
Oct
Nov
18
Jun
10
80
Jan
95
Oct
Aug 10
26 3/4 Jun 29
44
Jan
81
Nov
12% Jun
18
Oct
4
Deo
96
Feb
26
100
84
Feb
10
100 !
15% Jan
•.
-
Jan
-41
July 15
26% Jun
Jan„
Jan
38
Nov
Jan
■
i ,2
17
$
%
12 '/a
46% July / 3
30y2 Jan
^100
No par
..No par
9
.
v
1% Jan
1
Cutler-Hammer inc
10%
Oct
Nov
Apr
10.'
10% Jan 2
par
:__1
A
Cushman's Sons Inc 7%
$8 prefened..
jj
Dec
3%
85
23% July 27
303A Jun
58
77 / May
18
..No par
No par'
Preferred
v
16% July 14V
Feb
Dec
179:
Apr
2% May
99% Aug
7% Jan
Jan
3~7~%
159
May 17
2
100
.
51 Va
Apr
42% Apr
4
92 V2 Mar 20
.5
(The)-—
Jan
■
105
,.30
-100
Nov
12%
•,
:
100
Inc
21%
11% Jan
—100
preferred
)■
Apr
Mar
23%
■>;
108% Aug 19
23% Mar 12
6
v31
Aug
713/4 Jan .;/ 7
/
9J/2 Jan t 7-
:100
preferred
7
95
Jan
,16% Jan
6
Apr
8%
2% May 22
223/a July 14
,
12
Dec
81% Jan
No par
—:
Apr
14% Jan
No par
Sugar—.
47
.
15
A 27%
45
9
61% May 21
37% Jan
Apv
173/s Aug 20
6
9
Jan
/ 38% Jan
Dec
Nov
17
184% Aug 2C
Jan
Jan
47/s
5
2
.:
Dec
83/4
:,>23/4
50 Va
2
20
.
Jan
28'/a
Ap"
2% May
273/4 July
Apr
v
5% Sep
37:,/8 July 15 ■
2
-
21]/g Apr
.
6
52% Aug
103% Jan
Apr
30%
15
Jan
..
z
,
v_
<
'
8
v;
•
Jan
\l
No par
preferred..
Apr
7% May
2Va Jan
...No par
.—No par
Class
2,700
28
176
.
77
4
15% Jun
►
53% Jan
:
2
!
Jun 15
36% Jun
37
100
(The)
110
'49
1„
Curttss-Wrlght
~io •'
22%
Jun.
83
16% Aug 20
1
100
preferred—
conv
Prior
2,000
105
23 —
24% July
183/4 Jan
..25
preferred..-
Curtis Pub Co
109
105
V'
24,000
•
Apr
"l7/a
106'/a Aug
3
105 & Aug 14
11
,__1
Cudahy Packing Co
v
60
19%
♦100
Refining..
preferred
5%%
.
17%
12% Apr
t
Oct
Jan
Ill Ji Aug 11
11
.45
_20
prelerred.—
Cuba R-R 6%
2,100
:
Corp..
preferred
conv
4%%
16,100
Electric
C.uban-Amerlcan
,
600
44%
6
x9% Jan
50
—
conv
conv
5%
•
400
-
21Va July
il1 Jan
5
4'/8 Jan
25% Jan
;
...5
Crucible Steel of Amer.
100
40
7%
19%
/
10%
12 1
5
Dec
34
7% May
A Jun
/
July 20
Jun
26% Jan.
7 > Jan
No par
series
Cork & Seal
$2.25
t$5
,
•.
'
20% Jan
Jun
403/4 Jan
,..5
Crown Zellerbach Corp
'
*
440
5,400
-
10 >
6%
75
22%
v
.,
18
109
*95
y
23
>
23%
39
•-
'
201/4
*99%
-
1
11
.
333/4 Jun
25
conv
Crown
.
108%
6'/a
40%
7%
11%
103
6%
-
600
.
27
> 7 /Jan ,16
5 /
Del
Crosley Corp (The)
,
2,500
109
23%
78
40%
71/4"
21% >-
11
*101
108%
6%
75%
109
I8V2
18
*106
108%
75%
>
1
Cream of Wheat Corp
120
-
]
Nov
% Jan
>
$2.50
,
Co
5%
•
300:,
1,800 -
•
98% >,
32
211/a
>
1,400
>
311/4
>
111
24
7%
71/4
75
*109
103
6'%
76
111/4
111
181/4
24
76
.
11%
*101
110
•
221/4
11%
*109
101
♦18%
24
110
*211/4
11"%
II41/2
101
18%
*23
*106'
6%
*74'%
105 /
18%
24
♦106
221/4
ll7/a
•109
114
♦109
105
*101
211/a
211/2
;
11%
1141/2
*109
♦21%
15%
27% >
105%
2% Feb
A
Flbrei
Bank Trust Co
Products
Crane
•
Apr
13% Aug 20
21% Aug 20
;_20
tPreferred
,
900
45%
98%
15%
19%
*2G%
15%
400
91 Va
7% Jan
V"
50
Coty Inc
Coty Internat Corp
380
•
45%
321/4
*75
"r
»
5,100
22 % ;
27%
27%
*45
93%
*15%
20
108%
22%
151/2
:
Corn
20
•
108
> 45%
y
2
5,300
,
of
Cornell-Duoilier
1,000
60■
184%
Oil
TCorn Exch
-
1,100
4%
5
>'■' 2
20
271/4
27%
45%
♦183
184
*4%
2'/8
19%
20
20
271/2
*45
*2
201/4
106%
19 %
*183
1 :
25
7-2
91% Jan
/
ilOO
Motors
tConv pref 5%
-
200
'
5
?; 15 y8
..25 A
Inc
Continental Steel Corp
Copperweld Steel Co
1,100
v
July
Jan.
105% Aug
/
4% Jan
V
Dec
Jan
i, 90
1
pfd
Insurance
Continental
V
10
-
Diamond
Continental
;
1,300
53%//
*44%
45%
*44%
Continental
K 5,400
Can
Continental
i
1,100
12% /
16%
44%
''
>.■
35%
6%
Continental
.
13,600 /
-
*25%
25%
10% Jan
89
>
29%
July 14 ;
10
68% July 10 /
'2
f
Oct
Jan
•
1,000
v
6
Cuba
Dec
16 Vb
1 Vo May
No par f , 89
Jan ; 6
Container Corp-of America
>25
,•;, 16
Jan : ,'6
Continental Bak Co
i_—.No par ^ 'J, x43/a Jan;, 7
8% preferred—..
96
Jan
5
;
I. —100
>
a'
5,100
12
34%
i
500
V,
of
Jan
11%
•
1
16
2% Jan<1317% Jan
5Va Jan
Jun
44 V2 Jun
2
2
21 y8 Jan
.
—.
RR
Jan
15
Jan
aa
/tConsumers Pow $4.50 pfd
700
2,400
V
Aircraft
•
360
~
48
5%
Preferred
100
.
33%
48
■
6i/a
34%
54
J~44%
:
t'
Consolidation Coal Co_—T—
$2.50 preferred J
wiJ
Vultee
v
Oct
5
Consol
107% A
*25'/4
26
*51%
*103
Corp....
u
1,100
-
CO^
OO
Laundries
:.
107
v.
par
No par
1,700
1 ; "900
*
'83/4
-
33% ' 33%
477/a
6
-
*19%
:
12%
A 477/a
/
34%
*251/4
13%
♦51%
8%
6
3iy2
26
*25
'26
*25
8%
♦105%
'
12
*47
y
5%
8%
Consol
Mar
54
45%
8 4 Va
19
.
363/4 Jan'"!2
1
Consolidated
51
2% NOV
/
44
11
9% Jan:
100
/
Sep
293/8 Jan
.100
.
Sep
14
.l___.No par
-$2 par tic preferred
Sep
35
25
8,500
103%:-;.'
20
0
20
20 Va
83/4
33%
>12
47%
r
5%
5%
20
20 Va
'
.
:
106
*
32%
331/2
12'/a
47 y8 .',471/8
V
106
105
105
/ 106
.
15,500
/
'
11% <
38
C
*11%
"
106
700
1
30 Va
29
Jan
>
.
...
1,200
•
%;>,; A
13%
"
*14%
•
'
2
104% Jan
No par
No
Highest
t per share
24
No par
Edison Co
5% Jun
74% July 17
70% July 16 .1
98'% July 15
7
30% Jan
Consol Coppermines
Corp.:
.—5
!■
Consol Edison of N Y......No
par
1;
$5 preferred...
No par
; -Consol Film industries
1
,
6 Va
i
Jan
1942
per share
19% July 14
41 Z July 9
No par
6% %: prior preferred—
Preferred
called
,
OU
'
'
'.*151/4
25% Jan
100
Consolidated Cigar.,
•17% preferred
1
:
"
1043/4
par
__10
9
A 2,600 V
•
-
13
No
preferred
Commonwealth
nn
•
,
'•
1%
_4'/2
79% Jan
par
Congoleum-Nairn Inc...*
60
-
•
2
2
w
Year
Lowest
".$ per share
2 ;
par
Conde Nast Pub. Inc
1,200
1'
,
>
-
4%
8.200
300
i--
:
105%
Jan
No
$6 preferred series..
: 2,500
r ;■
203/4
37
"....No par
Commonwealth & Southern—No par
,
.7
.
-
40 y2 Jan
,____Wo
Comm'l Invest Trust
.
8,000
•'•V>
O
conv
1% Jan
par
100
Commercial Solvents
.
23,000
,
V-
8% 1 :
/.;
*11142
*105%
/.
-4%%
t
13,400
v.
233/4
*20%
/
3,700
Z
26 3/a
8%
22
■*11142
•
106
63
26%
233/,
f20%
,%
9 3/a
233/4
15 '/8
62%
26 Va
26 Va
26%
9 Va
421/4
\k
Co
$2.75 conv preferred!
Commercial Credit
;
—
t per share
100
preferred
Columbian Carbon
f
—
14%
No
preferred series A
I Columbia Pictures
1,874
•
111
41%
:
63%
631/4
23%
105%
105-fr
*41/2
113
631/2
26
//
%
9%
if
105%
26 Va
15'%
Z
23%
i
20%
63
/
42%
14%
%
.v:
63
25%
26 '%
:4111%
•,
62%
63%
23!/4
>
*
♦105%
%
*8%
9%
231/4
*111%
14%
11
257/e
261/a
*9%
14'/4
%
63
63 'A
*22%
14%
tt
•
40
*107
U
15'/8
\h
'
38
Par
5%
1,000
;
Range Since January 1
Lowest
t
Highest
.
6%
>
-70
-
Range for Previous
STOCK
Columbia Gas & Elec
.-,,,700
•
391/4
111
42'/a
427/a
14%
43'/4
*107
•
YORK
EXCHANGE
,
1,500
•
-
-*37i/4
39%
39%
NEW
t;
21,300
70
92
39%
3%
641/a
15 Va
38
3%
70%
91%
*39i/4
4
for
Shares
67
651/2
*371/4
$ per share
*66
7iya
651/4
70'/a
the Week
67
71
71
65
*65
Sales
Aug. 20
I per share
70'/2
70%
*64
Friday
Aug. 19
$ per share
$ per share
per share
STOCKS
Thursday
Wednesday
Aug. 18
Tuesday
Aug. 14
PRICES
SALE
HIGH
Saturday
Monday, August 23, 1943
4
D
♦6
46
63/8
*18
>'*18
193/4
*14 3/8
143/4
*112%
*112%
*193/8
20
363A
36%
34%
34%
*17%
18'/2
133/4
:
14%
67/a
36%
343/4
113'/4
20
343/4
18'A
7%
*1%
1%
21%
21%
*30%
173/4
173%
29%
30 u
>42'%
♦293%
303/4
*40%
41'/a
*40%
413%
•13
14%
*13%
14%
293/4
293/4
30
-
30
21%
30%
30 Ve
30
Va
•43V4
433/4
43%
433%
433/4
44
28%
28 3/a
28
28%
28%
28'A >
97
14%
21%
21%
*42'%
293%
30%
30%
41'%
*40%
29%
>
*95
14 >■"
30
—
*95
*118%
122%
29%
7%
12
*118%
122%
*118y4 122%
144%
145 Mi
>145
129%
129%
129%
•1291/8
118%
*118%
118%
118%
144%
145
129%
*118%
*38%
39
6%
38
6%
*159
♦174
38%
6%
162
160
177%
6%
160%
*174
177%
38
*63/4
161
*174
7%
*11%
60%
7%
12
59'%
*139%
30
>•
8
*11%
146%
1491/2
130y2
*129'/a
130%
♦129
119%
119%
*118%
38
63/4
383/4
63/4
162
162
177
177%
4,200
130%
300
119%
70
♦171
40%
*17%
35%
35%
35%
*35%
353/4
35
10%
103/4
10%
4%
5
79%
74%
71%
73%
73
*39%
40%
39%
*28%
28%
28%
*53
,55
*53%
"116
118
117
6%
79%
6%
;
80
900
177%
347/H
2,800
Electrio
Auto-Lite
103/4
10%
10%
1,800
Electric
*3%
4%
*3%
4%
37/a
37/B
43/4
400
43/4
4%
*4%
4%
4%
78%
4'/a
77%
4,700
77%
76
76 3/4
73%
72%
73
71%
72 3/a
40%
40%
40 %
40 3/a
403/8
28%
29
58
*53%
55
*117%
118
6%
6%
63/4
29
55
'117%
6%
29V4
55
118
6%
*28%
55
30
55
*117%
118
6%
7
75
76%
5,900
703/4
71%
2,800
403/4
500
29%
700
57
200
*117%, 118
30
*40
29%
*54
63A
7Va
17,100
81
81%
82
82
82
82%
83
*823/4
83
833/4
83
84
84
84%
84%
84%
85
85
*87
85%
86
86
89%
*87
600
89%
87%
883/4
89
89%
89%
90%
90
90
330
Ik
H
ik
%
%
%
*ii
For
%
footnotes
see
page
747.
81
%
*ft
490
%
900
& Mus
>40% Aug 10
20
17
May 10
Jan
8
,31% July 14
13
-
97% Aug 10
2
18
16% July 15
45
•
Jan
8
5% Jan
5
9
Jan
4
115
Jun
24
33% Apr
Z
;
9%
63/4 Aug
16% Mar
70
Jan
.
22
32% May
93%
16%'Apr
May 28
35% Jun -1
93/4 July 16
8
51;
95
f
Jan
Feb
Dec
Nov
Dec
29,
Dec
28
Dec
16%
Apr
,
3/a
/ 87
7% July
July 12
May 20
4
153
.
//,
Dec
May
703A
Oct
Apr
134%
Dec
13 Va Mar
163/4
2% Apr
13% Apr
8
,8
116% Mar
9
112
Feb
7
Jan
10 Va
120
Dec
Oct
Nov
July
20
1343/s Jan
1023/4 May
144
Jan
No par
125% Jan
8
130
Aug 11
120
127
Nov
.100
117% Jan
13
121
Jun
111% Mar
118 Va
Deo
13
-
8
8
3% Jan
2
.No par
146% Jan
20
129% Jun
26
5
44% July 8
8% May 28
170
May 19
Apr
16% Apr
2% Jan
108
Apr
34
/
Dec
4%
Nov
151%
Dec
180
Nov
May
11
Oct
15
Jan
4
39 Va July
2
20%
Jan
303/4
Dec
2
14
Mar 30
97/a
Dec
13 3/a
13/4 Jan
4
53/a May 10
ft Feb
1%
Nov
1 % Jan
5
6 3/4 May
% Jan
1%
Nov
35
Aug 18
Jan 19
11% Feb
30% Jan
$7 preferred
$6 preferred
—
.No par
.No par
3
Endicott Johnson Corp..—
8% preferred
•
184
Jun
20
17% Apr
36%
Dec
Jan
31% Jan1 20
79% July 23
28% Jan
20
74% Aug 12
15
Apr
323%
Jan
333/4 Jan
2
42
29
Jan
34%
Nov
7
31% July
19%
Apr
263/a
Feb
393/4
Apr
49%
Deo
107%
Feb
23y»Jan
50
49J/2Jan
5
100
109% Jan
11
Service
Equitable Office Bldg
Mar
26
177
4
.No par
.No par
*
170
18% May 10
100
—2
shares.
1
8
453/8 July 15
8
10 Va Jan
Elec Storage Battery
El Paso Natural Gas
t$5 preferred
t$5% preferred
t$6 preferred
6
27% Jan
39 Va Aug
73% May
(The)
Ind Am
Public
Apr
12
Electric Power & Light
Engineers
18,
'5
Edison Bros Stores Inc
Elec
Oct
Jan
6
Jan
Boat
43/4
37
21.,
130% Jan
Rolling Mills
(N J)
8% cum preferred
Eaton Manufacturing Co
34%
Sep
Oct
8
Eastern
35%
Jan
l'/a
18%
Jan
23% Apr
Eastman Kodak
70
Oct
4%
14
-
10
Eastern Airlines Inc
3,200
400
Nov
113/a
31% Jan
2,700
1,500
13 Va
Jan
37
20
1st pfd
7
173/4
Nov
223/8 July 14
100
37
41 VB
30 Va
7
10% May 10
3% Mar
1
15% Jan
(E I) & Co
$4.50 preferred
177%
20% May 19
173/4 May 5
..No par
Du P do Nem
173/4
25% May
97/a Apr
35% July 12
33 Va Mar. 8
Jan
38% Feb.
16
Dec
Deo
48% Apr 30
!
213/a Jan
?
Jan
10%
27%
1
Jan
-83% Jan
"56
110
Apr
12
Jan
8% Jan
.
Mar
4% Apr
18%
,7
5
Mar^
par
1
161
73%
37
:
2% May
A Jan
14% Apr
16% Jan
par
No par
Duquesne Light 5%
177%
40%
2
2
33
preferred
18
2
No par
7
40%
'
Jan
V 36% July
20
International
160
7%
77%
117
6%
37
8%
5
22 3/a Feb
Dresser Mfg Co
Dunhlll
-
102
8
6
1
No par
Duplan Corp
162
40%
28%
200
Jan
No
3,200
2,100
.
No
•
Doehler Die Casting Co
Dome Mines Ltd
29%
147%
37%
10O
No par
8
!
40
No par
*118%
6%
par
Douglas Aircraft—
*1291/8
37%
A
No
i
Dow Chemical Co
11%
Aug 17
July
Z 17%
26/
2
3.000
X145
162
Corp-Seagr's Ltd
pref with warrants
Cup Co
Class
Jun
20
43
% Jan:
-25
-
2,700
119%
35%
78
7%
11%
'
preferred
59'%
130%
35
4%
29%
Dixie
116
12
8 3/4 Jan
140%
148%
173/4
78%
81/a
12
-5%
'
1,200,.-
148%
403/4
4%
30%
58%
♦137
•
.
*118% 122%
173/4
77%
59%
142 >
'
122%
403/s
4
-100
Distil
1,600
•
♦118%
173/4
103/4
-
3,900
40%
4
96
213/4
173/4
*10%
30%
96
21%
'•
40%
4
'
30'%
97
partlc
20
11
Jan
26
,
3% Jan
No par:
No par *
...
6%
1,000
21%
213%
17%
10%
Diamond T Motor Car Co
-
12% NOV
12
..20
Devoe
Ay
20%
21
40%
4
-
:
870
17%
10%
41
1,200
40%
4y8
♦40%
A"'
,
17%
10%
><:>".
1
40%
10%
41
13%
*39%
*3%
f
28%>
♦16%
35
900
44
118%
177%
t
13%
146 »/4
6%
30 3/4
28'%
122%
38
*30%
30
A
*118%
161
30%
14
173/4 Oct
8 / Aug
100
& Raynolds A__
Diamond Match
44
30
*7%
*11%
•
13%
29%
*29%
8
260
14
15% Jan
5
29
Detroit Hillsdale & 8 W RR Co.. .100
-
3
Jun
.100
> v
2% Apr
May 24
Mar
19
..50
pfd
7
19
2
10' Jan
;
par
,_20
..10
Hudson
29%
28'%
142
12
3,100
...
Preferred
/ 9
1083/4 Jan
,100
_.l
29%
44
59%
29%
213%
47
Jan
No
tDenv & R G West 8%
Detiolt Edison..
-
5
Jan
12
Delaware Lack & Western.
700
13%
140%
*7%
l3/e
17
(The).. -.1
Co
Delaware &
11,300 >
33/4 Jan
..25
Corp
Deisel-Wemmer-Gilbert
2,400
■
28'%
59%
29%
700..
.
A
♦433%
141%
*11%
-
-
13%
21'%;
8
•7
>
1,000
283%
59%
12
-
43%
21
29%
&
-9
preferred
Chemical
Dayton Pow & Lt 4%% pfd
13%
60
•7%
Records Inc
Deere
433/4
21%
*11
Decca
•
•>.
*28'%
59%
139
*42%
"
A
5%
14
14
29%
97
21%
139%
21%
47
*29%
603/4
*138
213%
47
213/4
139%
1%
30%
603/4
291/a
13%
30'%
21 %
*138
173/4
y
Davison
4,600
133/4
6%
1%
133/4
14
*13%
173%
13%
7%
1%
*40%
14
14
*95
173%
..
z
>
600
-
■'
133/4
7
213%
35
17%
7%
30'%
>
38%
343/4
Z,.
•
193/4
37%
y
1,800
,*•
113%
*19%
;
-
Conv
145%
133/4
13%
*42'%
973/4
14
18% A
34%
1%
>
47
30% ->
*13%
973/4
34%
*112
193/4 ;
Davega Stores Corp
100
193/4
143%
38 3%
I.
6
*18
113%
191%
>
6
143/4
38%
7%
1%
•95
*95
*18
35
w,
13%
-
293/4
*112
1;
20
t
*403% -41'%"
14
-
73/4
1%
30
A
14%
38%
*34'%
14
21 >/4
113%
20
34%
73%
14%
37
■'..•
14
'
47
'*42
313/4
> 34%
14%
1%
.
*112%
37
21 >/8
30
113%
20
7
47
*18
143/4
363%
*1%
*29%
*112%
*6
15
37%
21 Va
♦42
14 S/8
20
18%
7
6'%
'19 3%
*18
143/4
14
,
*6
193/4
14%
113%
*19 Va
6'/a
July 13
8
58% July 17
117
Aug 16
7% May 10
23/4 Jan
1% Apr
35%
112
Jan
Oct
3'/e
Jan
.No par
54
40
Apr
66
Jan
.No par
.No par
.No par
573/4 Jan
86
Aug 20
46
July
73
Jan
62% Jan
92
July 12
47%
Apr
83
i\
Deo
83% July 12
Jan
Va Jan
8
1% Mar
1
Jan
3%
Oct
Volume
THE COMMERCIAL & FINANCIAL
Number 4205
158
CHRONICLE
741
NEW YORK STOCK RECORD
LOW
AND
HIGH
SALE
PRICES
Saturday
Monday
Tuesday
Aug. 16
Aug. 17
>
Aug. 18
f per
-
share
12
$
12
■
per
11%
$ per
share
12
11 %
113/4
11%
49%
49
♦75
78
78
$
12 3/8
share
per
12
Sales
Aug. 20
S per share
12% >■
; ;
for
NEW
'
.
tErle RR
2.500
113/4
11%
11%
11%
11
11%
9,300
Ctfs
49%
493/4
*47%
48% \-
47
47
1,500
5%
78
*75
78
♦75
V;
No
benef
No
par
*75
Erie &
78
•-
of
int__
Pitts
RR
73/4
77/a
7%
8%
8%
8%
8%
8%
8
6,300
Eureka
12 %
12%
12%
12%
123/a
12%
12%
12%
12
12
1,300
Evans
24%
24 %
24'/a
24%
24'A
24%
*24 5A
24%
24%
24%
24%
*3 z?
24%
1,000
Ex-Cell-O
Exchange
Buffet
3%
3'/a
3%
♦3
35%
35
35
24%
24%
24%
16%
16%
103%
♦100%
103%
*100%
103%
♦100%
103%
24%
24%
24%
24%
24%
243/4
243A
*24
16%
*16
»3
*3
/
*3
3%
8%
3%
•/vfZ
Vacuum
*23%
**16%
..17
*100%
*24
*16
16%
>•*
■5%
22%
*
38
*37%
*32
38
*37%
•
*32%
33
26%
*8
453/4
/
8%
*45
.
8%
Corp
&
Co
No
100
■'
7.
Federal
2
No par
Dept Stores
110
483/4
4C%
49%
1,200
39%
40
6,800
Alio
f4%%
Ferro
800
600
49%
38%
94
;16%
No
'
110
38%
38
38%
900
19%
193A
19%
193/4
106%
1063A
x
33
8 5/a
'U 8%
46%
33
33
26
26
8%
8%
8%
Follansbee
300
47
47
130
Stove
Steel
par
par
No
par
No
par
19% Jan
*28%
28%
28%
♦107% 103
*27/8
►128%
132%
*19%
19%
*19%
11%
10 3/8
*107%
3
*28%
28%
*107%
108
3
3
*2%
2%
2%
*12
12%
*11%
12 34
:.*24%
24%
24%
5/
24%
13
13
27/e
•
:
*5
/
5% 7;
13
*12%
52
52
■
*9%
*51%
■
9%
*106
*9%
110
44
44
283/4
2%
2%
2%
123/4
*ll3/4
*24%
247/8
♦24%
24%
5 :;\
5
5 Va
13
*51%
9%
9%
7
700
28
400
•
107
50
';':
l
2% /.
3
13
24
24%
5
13
24%
V
5%
52
52
52
9%.-
*9%
106%
106%
24%
5
*8%
8%
150
150
*7%
8%
43%
43
5%
8
8% M-
8%
*149%
150
150
;
73/b
5%
-
•'
433'a
*123/4
*51%
♦106
Gar
300
*7%
73/a
5 3/8
5%
*149%
7%
7%
53/a
8%
152
7%
5%
.
8%
5Va
13 Va
'.r13
*86%
87 %
; ;
♦28
29
13 Va
'.i
:
*28%
145
♦140-;
363/4
36%
100
7%
5% .5%
41%
413/8
41
116%
116%
X*
1%
-1%
v,
1%
28%
1%
:■■/
*29
41
*116%
117 Z
1%
22
38% July 10
31% Jun 10
—
No
Co
Gen
3,000
1
Jan
2
36% Jan
12
2% Jan
11
17
par
100
*102
134
*132%
(The)
No
*103%
105%
*103%
132%
*132%
&l*/8
52J/s
52%
*129%
130%
34
*33%
51/2
130
20 3A
n
}
30
33%
•33%
5%
5%
5%
5%
20%
20%
20%
193/4
20%
7
$8
16
12
6% Jun
11
14% Apr
Bronze
General
Cable Corp
12%
300
87
Class
15
53% Apr
2
51
4
Jan
29
106% Aug 17
37
63/a Jan
Jan
4
53A Jan
4
134
par
,5
No par
34
»
5
General
No
par
No
par
41
-41
♦116%
117
)
70
l3/4
l3/a
*98%
No
Cigar Inc
Foods
Corp
preferred
TU>4.50
par
106%
*104%
34
7
*109%
110%
►109%
1%
1%
7
•;
1%
1%
1%
*48%
51
*19
19%
M
l3/a
*1%
V
53
*50
19%
19
13/a
1%
l3/a Aug
9;
July 28
55
19%
-7
7
20%
20
112
19%
1%
19%
I3/,
.
55%
Gen
Public
800
Gen
Railway Signal
1,000
113%
10
13/s
19%
-
13/8
55%
300
19%
700
14%
14%
143A
14%
14%
14%
14%
14%
14%
15
14%
15
1,100
83
83
83%
83%
82
83
83%
84
83
83%
83
83
580
22%
22%
*22%
~
22%
19
*18
•
*107
22%
21%
21%
21%
22%,
*18
110
'
A: 110
21%
21%
*18%
*107
213A
jr. 22
7%
'
7%
7%
70
*68%
7%
'
*68%
12%
12%
12 Vb
*77%
79
*77 %
•
*19
*45%
*1
*45
47%
7%
7%
70
*68'/a
12%
12
79
:.7.9
7%
*69
70
12%
12%
79 -A
*78%
19%
19%
19%
19
47%
19%
.193/4
22%
19
*107
19
110
*18%
*107
47%
47%
47%
22%
47%
1
1
1
2%
2%
*97%
100
*95%
v
38%
385/a
/ 993/4
993/4
38%
37%
♦100%
1003/4,:
A
6 3/4
88%
88%
l3/a
*97%
393/4
105%
6%
6%
102
39
38
105%
105
6%
*97%
*
39%
'100% 100%
37%
36%
105
102
1%
37%
105
6%
•-S
100%
38%
105
A
40
37%
;
*105
6%
6%
•
90
*86
1%
1%
'
4%
5
*15%
16%
♦103/4
y;'".
*10%
32%
♦25%
V
26
32%
/
5
11;
*86%
1%
5
1%
101
7
*86%
5.
*25%
11
<:
;
*6%
33
-5%;
90
4%
*15%
10%
.' .10% ;■
*25%
26
/'
26
50
:
323/4
...
/'
26
i-
;
10%
•
/,
32%
;
163/4
163A
16%
28
283/a
273/4
28
27%
27s/a
24%
24%
•-'> 24%
24%
243A
243A
24%
24%
24%
24%..;,
24%
24%
147%
147%
148%
148%
*147%
149
*147%
*147%
*147%
613A
*16 3/4
149
1,600
.11,200
'
.
:
!
1,400
170
♦45
61%
*58
613A
46
'
*58
*44%
46
*45%
46
46
46
18%
18%
18%
13
123A
12 3/4
*12%
12%'
*12%
127/a
200
13%
12%
123/4
.12%
12%
12%
12%
2,100
4%
43/8
4%
4%
4%
4%
18
18%
18%
18%
13%
13%
*12%
13%
*12'A
12%
12%
12%
4%
4%
4%
18
*58
;
*58
613A
47
18%
58
48%
49
18%
58 V
■
Co
4%%
preferred
conv
Gobel
Goodrich
>:
Co
1
5%
preferred
Goodyear Tire & Rubb—
$5 conv preferred—
Gotham Hosiery
No
No
No
No
r
Preferred
_1
u-100
No par
—
(B F)
—
Union
div ctfs
w
par
par
par
par
100
v-
Grant
5%
Gr
(W T)
Co
preferred
Nor
Iron
Ore
Prop
preferred
Great Northern
Great
10
—
Western Sugar
20
No par
No par
No par
4%
132
<
132
13
4%
137
135
137
137
,
138%
138%
,
137%
-
1,800
Green
(H
18%
6.200
Greyhound Corp (The)
L)
'
138 %
4%
134
'
4,800
136
180
"
47%
7%
36
36'A
36%
37
37
37
37
36
36
473A
48 1
47%
48'A
48%
49%
49%
49%
48 3/4
49%
28%
*26%
28%
73A
7%
36
47%
7%
36
7%
7%
*35-
•
•
73A
7%
73/4
■
8
7%
.
77/a ■'{■
:
7.500
58
15,300
2
9% May
May
July
82% May
223/8 July
74
13
48
:
;
1%
33/s
97
423/4
101
41%
108%
9%
91
Jun
May
May
Aug
July
<July
July
July
Apr
10
20
15
10
16
22
6
6
13
14
4
50
12%
373/*
%
1 /a
73
13
'
8;
17
14
29
,
x58
July 22
25% Jan
2
41% May 12
18
453/4 Aug
2
50% July 26
Corp
22% Feb
—
25
65
-
;
=
9%
1%
48%
2%
Jun
Feb
Jan
15%
Dec
5%
61
5%
65Va
16
44
U
.
Nov
Nov
Jan
Jan
Oct
Feb
Jan
23/£, Jan
82
27'
Feb
Dec
83% Dec
27
90 V4
4%
81%
»
Dec
Dec
Nov
Dec
1% Nov
5% Jan
;
••
8 A
9%
32
25
Dec
Nov
Nov
Feb
18% Oct
25% Feb
28% Jan
,,
Apr
May
May
Jan
Jun
Oct
Nov
Jan
20
Jan
163A Dec
"110
Feb
Jan
—
100
,
143
50
July
25
Apr
10 % Apr
10
Mar
No par
No par
Jan
Nov
Jun
^an
223% Apr
130
8
No
-
%
14%
107%
'
%
313/a
19%
10
79%
..
63/4 Apr
7
July 13
6
Mar
May 29
6
Apr
July 8 1; y 22 % May
July 2
23
July
Apr
1
13 Va Dec
May 10
19% Jun
21
May 27
13% July 16
17% May 4
5
Jun 11
1603/4 Jun 12
10% May 5
1
3% Jan
143A Nov
53/4 Jan
109% May
17
27% Jun 11
Oct
Feb
44% Dec
128
July
30
Jan
133/8
36%
26
18
32"%
153% May
Jan
87
131%
Apr
M.iy
Sep
Jan
Jun
July *
Nov
Jan
ft Sep
4
Sep
25/b May 10
Oct
116 % July
l3/4 Jan
102
Jan
10 % Jan
60% Jan
1% Jan
Nov
40% Jan
Apr
3
Jan
x40% Mar
4
4
10% Jan
2
2% Jan. 2
81% Jan 19
3% Jan 12
14% Jan
11
Jan
10
preferred
Oil
2
7%
253/a Jun 28
Nov
303A
13% Mar
11
May
101 % Sep
19
No par
nrpfprred
Gulf
Jan
Aug 10
31% Jan
preferred
Gulf Mobile & Ohio RR
1,200
235/s Jan
138
1
Grumman Aircraft .Corp
Guantanamo Sugar
8%
8.
5
73/8 Jan - 9
*29% Feb
3
24% Jan 27
15
Jan
6
21% Jan
7
;
Jan 27
49% July 27
Inc
Co
conv
2
,4% Jan
8
Jan
,
100
Bay & West RR—
Jan
8
Jan
2
Jan 12
Jan .14
Jan
8
Jan
9
Jan 11
Jan 11
41 Jan
100
Preferred
Green
5%%
l3/4
76
24%
83
25 Vb
90%
4%
80
par
No par
-
*12%
_
1
5
No
City Steel—
10
-
par
50
(Adolf)
Goebel Brewing Co
24% Jun 10,
"/8 May 29
July 8
43/4 Jan, 2
603AJan - 4
5
Jan
2
59
Jan
4
143/4 Jan
2
41
Jan
5
A Jan
2
No par
No par
(The)—
49
18
/
—No
$6 preferred—
Glidden
Granite
613/4
*57
14
Gimbel Brothers
Gland
300
163A
28%
1434 Jan
No par
No par
Granby Consol M S & P
,1,500
163A
28%
5
Co
Safety Razor
preferred..
600
•
16%
28%
112
"
;
16%
273A
4
4
4
Feb
21 %
Apr
Apr
Mar
Mar
May
Jun
Oct
Jan
132
Jan
10%
101
•
%
23
14%
8%
55%
16% Jan
15% Jan
108
Jan
Rubber
&
i3«
Jan
2
Mar 9
Jan
4
Jan 28
Jan
5
20
No par
100
Corp
Corp
conv
100
,
17
'163/8
Instru
Tire
8
8
2% May 10
2
2
123/a
xl04
%
31%
15%
.
90'A
103A Mar
3% Sep
99% Aug
1
9% Jan
60
Jan
Graham-Paige Motors.
26
16%
27%
$5
24% Jun
8% Jun
109% July
Dec
33/a
93/a
"
Nov
2
A Jan
1
1,700
16
16%
149
General
-
2
par
preferred
Gillette
*
Aug 16
July 23'
56
July 13
131% May 6
36
July 23
6% July 23
preferred—No
1
Corp
Telephone
Gen Time
104
Dec
4%
Sep
111% Apr
% May
61
Mar
64% Apr
122
Apr
30
Jan
122
Apr
13% Aug
1% May
137
par
8,700
■
5%
16%
33
1,100
500
i%:;;-i%
.10%
33
15,300
':/
;6%
*86%
;;
16,200
700
105%
•
*15%
'.
..
!•-.
.39%
38%
27%
149
Feb
1£0
x233A Apr
Mar 15
No
par
No par
Gold & Stock Telegraph Co
:
1003/4
,105%
-V
1%
4%
102
1003A
90
153/4
600
40% A 41%
105 %
1%
.1%.
1,400
2%
Shoe
General
200
1
•
*97%
393/8'
*6%
1,100
47%
1
*23/4
; 101
39
90
General
200
19
.*45%
41%
105%
5,
25%
Jan
5% Nov
16% Apr
120
Apr
21% Apr
25% May 20
112% July 15
1% Jun
4
583/4 July 22
233/a Mar 4
15
July 9
91
July 9
Utilities
&
4
110
14
12
7
2
7
13% Jan 25
4% Jan
2
103% Jan
5
par 10c
100
Gen Steel Cast $6
•
80%
18%
102
6%
153/4
25%
*78
1%
41%
38%
*10%
33
A
-
47%.
105%
10%
*32%; 39
6,900
*97%
100'/a
16%
•
12
80
*1
413A
10%
.
26
*25
90
11%
12%
-19%..
3,200
No
No
;
$6 pref opt div series.
400
'2% A; 2%; -,
102
*15%
16%
32%
32%
*86%
1%
5
4%
/ *15%
11
-
1,800
■68
*45%
1
2%
,22
7%
7%
19
Realty
par
•
1
preferred
6%
67%
12
2%
Gen
100
73/a
80
1%
22
2% Jan
Service
General Refractories
V
69%
19%
23/4
223/8
1,600
19%
110
73/8
81
1
22%
*18%
*107
69%
123/b
23/4
22%
18 3A
110
22%
7%
70
lVa
22%
18 3/4
*107
22%
2%
;
*2%;
22%
19
110
6%
5,000
•53%
19%
55%
♦19'A
A
Equip Corp
General Printing Ink
$6 preferred
ti
20
*111%
par
No
Outdoor Adv
Common
Precision
;
7%
par
No
10
preferred
$5
Gen
2,700
%i%
•
No
Jan
44% Jan
126% Feb
17% Jan
Motors Corp
Gen
*
110%
*1%
83% Jan
129
100
100
20
*109%
1% >\
20%
55
19%
600
900
110%
No par
preferred
General
300
5%
•
112
l3/a
52
52
*19
7'A Nov
463/4
63A Sep
May 17
39% July 1
93
•
*5%
.
20%
5%
29,000
32%
*1%
114
60
20%
20%
1%
"
Dec
104
Apr
66%
44% July 15
118 % Mar 8
23/4 Apr .6
No par
General Mills
100
32%
*5%.
110%
20%
.
5%
'
-
108
1
*1%
♦112
Apr
Sep
2
145
34
Jan 13
113 Va Jan 22
t$6 conv preferred series A.No par
v
32% May
130% Jan.v 2
303A Jan
2
100
Gen Gas & Electric A
7,600
ion
130%
*109%
21
Oct
53
2% July
5
8% May 19
20 V2 Jan
47,673
V
9% Jun
4% Jan .12
2% Jan
2
18% May 20
No par
*129%
1%
115
Jan
33A
10% Feb
Mar
106
98% May 19
General Electric Co
129%
7%
*20%
21
,
Apr
3% Jan
Aug 11
5
preferred
7%
150
4
24,200
General
Mar .1
7% Jan
36%
*32%
110%
•112
3
713A Jan
36%
<
7%
20%
9% Jun
33/a
98
35
2
100
30
52%
*1%
115
Jun
,r___No par
preferred
cum
500
523/8
*109%
20%
51
Jan
Feb
51
10% July 14
102
29%
52%
1%
♦112
Jun
8Va
Sep
Jan
11
2% July
1-
5
Corp..
A
+7%
90
1323/4
7%
203/*
23/4
lVa Jun
26
Feb
May
23/a
May
Jan
No par
No
General
1323A
110%
115
Jan
30% July 13
11
3
5
1,600
•
7%
20%
1%
19% Jan
141%
133
109 %
♦112
Nov
par
50
Baking
preferred
2,600
12Q%
5%
7%
97
Sep
No par
5%
52%
130%
33%
*7
Jan
Apr
8
28%
13A
133
*1%
♦
18
85%
4% May 17
141%
ion
*103%
52%
20%
5%
*20%
130
130
383A Jan
14% May 26
37%
•Q»l/o
100
5%
34
Apr
Apr
2
29 V4
1%
134
130
130
♦33%
45
15%
10
Oct
27
6
93A Jan
Nov
18% NOV
10%
1% Jan
1V
Transportation
7
123/4
41. -41;'/;
*116% 117 ;!'v
105%
132%
513A
43/8 Jun
136
>
Sep
Jun
38
6
5
Inc
General
152
*85
:
-1%
134
*"R%
108% July
12% Jan
May
143A
9% Jan
142%
363/4
117
;
oaqi/„
51%
51%
513/8
inn
100
104
104
.104%
*132%
*97%
Jun
114
1
1
"
*97%
16
12
Apr
20
Industries
Amer
Feb
*34% Aug 11
100
cl A
5
86 Vi
*141 >
37%
41
/
64
50
100
10
pfd
(Robert)
7
:
13%
86%
142
36%
37%;.
7%
*12%
87
28%
i 41%
*116%
1%
'.13 'M
142
7:
5
$6 preferred
1,900
8%
*149%
7%
*85%
28%;"
(The)
Inc
Wood
42%
7%
152
5%
*123/4
145
♦141
36%
116%
1% /
28%
29
13%
86
86
37%
-.41 %•
*1153/4
*12%
87
145
*141
36%
41
13
x86%
8%
*149%
'
•
11
Gen Ainer Investors
300
110
42%
May
12 5/a Jun
Jan
36% Mar
'
8
152
43%
Jun
21
8
Gaylord Container Corp
t5%% conv preferred
A/'- 40
93/4
*9%
110
43
140
5
preferred
Gamewell
3,100 ;
52
9%
♦106
43 %
11
55/e Jan
preferred
Co
Co
6%
Mar
9%
16 3A Jan
Co
Gair
127
28
July 15
25
No par
Co
Trailer
conv
Gabriel
110
:
13%
52
9%
109
Sugar'
9% July 15
—No par
prior, preferred
5%
'
43%
preferred
conv
Co
100
5%
13%
52
93/4
♦106
7 43%
*12 3/4
Dec
27% Mar
4
Fruehauf
1,700
12 3A
Jan
42
5
1
10
Freeport Sulphur
300
3
12 3/4
5%
11%
May
Corp
F'k'n Simon & Co Inc 7%
2%
2%
123/4
May
19% May
;
107
3
3
*11%
5Va
5
;/
75
*27%
24% Feb
3
51
6%
35
27% Deo
Apr
7
Francisco
*60
Mar
18
3
Machinery
•■■■■■' $7
3,100
'
■?; 13
52
3
20
15
11
10% Jan
10
11
*34%
108
*2%
12 34
,
193/4
28%
►107
2%
2%
130
75
*27%
108
130
34 3A
343/4
28 5/a
28%
*107%
3
*60
345/e
»1134
2%■
109
♦106
75
345/8
108
11
10
Jun
39'A Feb
*128%
193/4
Jun
28
_10
132%
11%
36
8
7
*128%
132%
96% Jan
13% July
Food
Dec
May
4
Foster-Wheeler
Feb
16%
86
9 3A Jan
100
1,100
39%
July 29
1
200
'*19%
109
Dec
Nov
*
Jan
Aug
83A Sep
14%
A" 11%
97% Jan
Dec
26%
9%
50
48
11%
Apr
43%
105
2
2
*46%
19 yA
29%
22% Jun
5
153/a
132%
Apr
3S% Jan
*143/4
*19%
Jan
305/8 Jan
15%
*128%
153/s Jan
Jan
14% Dec
Apr
13%
87%
10
conv
15%
14%
29%
Jan
87
7% Apr
28
Dec
4% .Feb
18%
74# j Nov
100
t5%
•
Corp
Jun
Apr
July 15
43
Jan
13%
Apr
3
11%
112% July 12
39% Jun 16
253/4 Jan
No par
8
v
2
50 3A Jun
8
31% Jan
■
6
19% Jun
25% Jan
No
18./'
preferred-—
Food Fair Stores Inc
*
15%
•'
8f;
27
1043A Jan
No
Co
6 % Apr
.25% July 14V96
July 15, >
2;
Jan
10
100
Florsheim Shoe class A
'
42
$2.50
A
Stores
Florence
400
47
National
series
16% Mar
4
78% Jan
12% Jan
2y3/4 Api-
18
Jan
1
i
Fllntkote Co (The)
t$4.50 preferred
100
26
26
preferred
First
130
*325/8
G%
*15
*60
Feb
33/a Jan
15
par
100
.
Corp
Fidel Phen Fire Ins N Y
Firestone Tire & Rubber
4,200
106%
preferred
conv
Enamel
15%
75
13
»___5
Motor Truck
Federated
1,700
86
No par
Federal-Mogul Corp
,
*1,700
•
,
153/4
35
Jan
8%
Jan
-;*15%
*60
Jan
293/4
Jun
Jan
11%
*34%
37%
Jun
6
24%
*11%
75
Apr
19
Dec
113%
35
27%
1% NOV
//
19%
48
*60
Mar 26
Jan
5
11%
x34%
11
13
Traction
Min Si Smelt Co
♦46 3/4
'
1
20 3/8 Jan
Federal
115/8
35
.
93
473/4
75
33/4 July
May
Sep
11%
35
19
20
693/4
♦46 3/4
*60'-
3A Jan
$2.50
29% Mar 30
105% July 27
11%
11
Oct
13
uan
7
47%
11
Dec
28%
24
Jan
<
•
*47
11
Sep
7%
May 27
19% July 13
12%
•128% 132%
19% :>■■■19%
4%
Apr
28
47%
11
Dec
Jan
42
12
19%
70
1%
4%
6
47%
i
Dec
8
5
4
12%
II'-'-
70
Mar 26
93/8 Jun
14% Jun
2
47%
♦19V
77
2
4
6% Jan
Light &
$6 preferred
*11%
*15
18
33/4 Jan
53A Jan
—_3
Morse
'•;*46%
11%
68 % Jan
5
__5
Co
33% Feb
.16%
110 3/8
45%
45%
Oct
Jan
21% Jan
►105%
26%
*8%
46
10
44
15
33
'
Jan
Jun
20
300
16
94
163/4
39%
19%
*25%
3%
32 %
par
25
7*24%
.'16
94
■
►109%
38
*32%
26%
4
523/4 May 19
Federal
106
19%
33
;
49
39%
106
9
12
'
94
48%
'
8%
*45
26%
16%
*16%
110,;,
37%
19%
106%
Oct
Jan
Fajardo Sug Co of Pr Rico
/
5%
Alio
38
19%
25
y
103%
23%
33%
110%
*105%
19%
*100%
5%
48%
39%
109%
106
*32%
46
49
49
39
39
*25%
8%
*45
*
19%
26%
*8%
V
49
106
33
*25%
103%
16%
373/4
19%
*100%
94
110%
10%
1,100
"
15%
*22%
■
Highest
$ per share
Jun
1,200
23%
153/4
,
53/a
16%
38%
A 106%
15 5/a
23%
94
49
;Z..: v 23
*15%
5%
16%
'►V;
4%
4
F
Fairbanks
500
23%
94%
;;
24
37
5 3/8
IS
♦108%
373A
19%:
♦105
23%
*36
23%
94
16%
36%
5 VB
53/a
23%
-
95
110%
36%
'23%
5 %
23%
♦94%
.38
•
*16
16%
5%
*16
48 3/4
48%
16
233/4
16%
♦108%
24%
16
>
53/a
,
95
16 %
*16
16%
24%
16 %
16% May
16 % May
$ per share
'
35%
245/s
16
35%
223/4
5%
22%
t*94%
'*16
;
24%
,
<:
35%
*35
8
share
39% Jan
Cleaner
Products
:/
♦35
9
per
50
Co
Corp
3%
$
Lowest
100
pref series A
12%
•3
8% Jar.
Year 1942
Highest
$ per share
par
7%
8
Since January 1
Lowest
common
♦113A
•
Range
•
ll7/a
78
Range for Previous
STOCK
Par
49%
♦75
YORK
EXCHANGE
Shares
j
11%
; 11%
STOCKS
.
the Week
11%
50
♦741/2
11%
12
Friday
Aug. 1!)
48%
12
49
11%
'
Thursday
t per share
share
*
■
Wednesday
Aug. 14
Jan
63%
33%
14/8
11 h
..
Nov
Jan
Dec
Aug
14%
.3/a
86
4%
Jan
.Jan
Sep
Oct
333/# Oct
—
H
♦26%
28
*26%
28
*26%
28
*36%
40
*36%
40
*36%
40
*16%
16%
*13%
15
*104%
109
16%
For
*13%
►106
footnotes
see
16%
*13%
15
*106
109
page
17
747.
17
15
109
*26%
37
♦16%
*13%
►106
28%
*26%
37
37
17%
17%
15
109
.;
14%
►106
37
*37
17%
*16%
14%
109
*13%
►106
Hackensack
38%
-
17
15
109
40
t
7%
Hall
100
Hamilton
6%
Water
preferred
600
Printing
class
Co
Watch
preferred
A.
—
Co.—
11
28% July 24
193/4 May
Jun
1
5
38
Anr 13
18% July 23
29
12% Jan
9% Jan
18
35
104% Mar 13
'25
Feb
Apr
35
Dec
83/4 Mar
13
Aug
4
8
Jun
11%
Nov
110% July 28
95
Mar
IOBV4
Feb
153/4 Jun
Monday, August 23, 1943
>
CHRONICLE
COMMERCIAL & FINANCIAL
THE
742
NEW YORK STOCK RECORD
Range for Previous
STOCKS
Saturday
S
$ per share
147 %
*140
147%
*140
6%
*6
6%
6
6
*103
—
*5%
6%
*5%
*
*140
*102%
"102%
102 %
"7%
7%
2%
105 %
105%
105%
7%
7%
*7%
7%
*7%
~7%
2%
*2%
2%
2%
2%
2%
2%
104%
104%
104%
104%
68%
*66%
105 %
104%
68'
68
76%
15%
15%
77
77
15%
77 %
78
69
*65
69
118
118
118
*116
*64
*113%
*18%
22%
*22%
*42%
19%
22%
22%
22 %
23
200
Hires Co
22%
*22
22%
200
Holland
34
8
*7%
37
*35
36%
*16%
17
16
16%
400
Hollander & Sons
13%
*13%
13%
13
13%
1,400
Holly Sugar Corp
44
42
42 %
63
63
7%
7%
33%
2%
2
7% ■f, 7%
25%
26
x9%
10
*9%
10
%
1%
1%
1%
1
1%
1%
10%
12%
12%
12 Va
12%
7,300
28%
28%
1,400
29%
29Vz
45%
45%
45%
46
46
9%
9%
9%
9%
9%
*9%
9%
*9%
9%
17%
17%
17%
17%
17%
17%
17%
V 17%
40 %
*39%
40%
39%
39%
*39%
40 %
*92%
93%
92%
93
*92
92%
*160
172
70%
72%
73
72
'11%
11%
11%
11%
11%
11%
11%
70
11%
11%
8
8
*7%
8%
*7%
8%
36
35%
35%
*35%
36%
36
114
114
114
7%
68%
68%
1%
*16
16 3 a
*61
*
16 Va
16%
62
*134%
138
10%
11
10%
11
58 V2
58 Va
58%
*57%
63
V
11 Ve
14%
14%
14 Va
109 %
109%
15%
*15
*29
37
13%
14
14%
15%
*14%
15
109%
110%
15%
15%
15%
15%
15
30
*29
141
*137
141
*137
t
700
141
290
300
36%
300
45%
200
International
100
120
15
1,300
111
15
v:
30
*14
14%
*14'/a
14%
14%
14%
14'%
32%
32%
32 %
*32 %
32%
32%
22%
32%
32%
*32%
*32 Va
*108Va
109 Va
*108%
109 V2
*108'/a
109 Va
85 Va
85%
85%
85 Va
85'%
85%
"108%
*84 %
109 Va *
85%
*60%
*71%
11%
78
83
23
73 Va
11%
V:
81
*77
81
61
60
60 Va
73
73
73
11%
11%
ll'/a
11%
73
74
11%
11%
*59'%
61
74%
11%
500
•>;
v
>V,
v
:
3% Jan • 4 '
37% Jan 11 *
39
July 16
39%
Oct
Jan
11%
Nov
Apr
44 Va
Dec
96
4%
Oct
34%
Feb
%
18
,
-
Apr
237/a
Dec
3'/a
Jan
5%
NOV
ft Jon
1%
Apr
Preferred
Joliet
10
&
_
>/'•>, 400
Joy
Oct
23%
-
42
Mar
•
Oct
4%
Jan
10%
Sep
16%
Feb
Dec
Apr
35
74
May
100
Jan
153'
July
163%
Dec
Apr
74%
Feb
8% May
12%
Jan
21
54
6%
Feb
Oct
23%
Jan
100% Aug
111%
Feb
10%
Jan
5%
Apr
18%
5%
Apr
Jan
151%
Mar
109%
Jan
8
5% May
40
Apr
61
Dec
147
May
166
July
■$ %
July
%
3% May
12%
38
Dec
Dec
Apr
4%
24%
Apr
30%
126%
Jun
Jan
57
Apr
>
1%
Jan
Nov
Oct
136
Dec
7%' Dec
15%
43% Mar
Jan
60%
Jan
'1%'
Oct
3%
Nov
30%
Oct
46%
Jan
48%
Feb
26
May
32
Feb
26
May
39%
94
May
104%
Oct
1%
Jan
7%
Nov
2
Jan
7%
Nov
6%
Jun
10%
Nov
88%
Apr
95'
Jan
39
K
Mar
•
■
7% Apr
2
3
24%
Apr
127
145 Va Jun 10
Apr
5% Jan
8
18% May
July 14
-
Dec
32%
Jan 27
136
July 21
78
Aug 16
78
Jan
Nov
138
10% Nov
33'/a
May
Jan
107%
73%
85
109'/a Aug 19
Oct
11
50% May
30
Jan 21
126
.100
Nov
9%
Jan
May
2%
32% Apr
Jan
Aug 16
96 Va Mar
stamped—
Chic
5%
13
32% Jan
70
4 % %
5'/a Aug
Jan
16%
12
16% July
1% Aug
Jan
2
17
30
11% Jun 11
71% July 12
44 Apr -5
34
Sep
Apr
29% May
110% Aug 17
12
Feb
106
May
2%
16% May 10
16% May 10
16% Jun 29
19
Feb
38%
38% July 26
Feb
Dec
Jan
115
Dec
Oct
48% May 19
115 July 14
9% Jan
26
7%
18%
Dec
Jan
13% Jun -5
62% July 14
18
Nov
30%
July 14
138
Apr 12
Dec
Nov
8%
6% May 11
36% Apr 5
8% Jan 5 2
45% Jan 2
100
-
12
Jan
21%
July 2
67
100
No par
—^No par
28
Jan 4
.50
36
Jan 7
100 V 102% Jan 15
No par
6% Jan.1:-7
..No par
6% Jan 7
No par
.9 % Jan 7.
.100
90% Jan 14
No par
10% Jan 4
... 1
27% Jan 5
1
135 . Jan 5
4,300 f Jones & Laughlin Steel—
600
5% pref series A
5 % pref series B conv,.
300
-
Jan
V, 27
4% May 10
Mar 25
19
3% Jan 5
28% Jan ' 9
.15
100
preferred
Johns Manville
V
60
23 '/a
60
•
1,600 /
,
73
73
*11'%
11%
100
>
81
22%
23'/a
*60
61
*73
*
85%
*77
22%
23%
8
Jarvis (W B) Co
Jewel Tea Co Inc
200
>
132
132
*60
*71
85 %
85
133
23'/a
*60
61
111
*103%
*132
*77
23
23%
109 Va
85 Va
109 Va
,
,
-
133
*132
*77
fV
78
23
23 Ve
>
133
*132
134
*132
134
22%
■v:'
14%
preferred
$6
K-
14%
14%
32%
#.
Intertype Corp..
Island Creek Coal
s
141
*14
.•>*14
Preferred
30
*29%
*137
141
;
700
»
:
Interstate Dept Stores
20
15
Silver
7%
200
14 Va
14%
15
55% Jan
.
International Shoe
4
23,800
*110 %
15 Va
*137
14%
*13%
14%
111
100
No par
preferred
Intern'l Telep & Teleg
A;- Foreign share ctfs
*45
13%
*14%
5
5
162
—1
..No par
5 % preferred
^"International Salt—
62 Va
43%
43%
36%
14%
*14%
% Jan
11% Jan
Inter Rys of Cent Am
14 %
15
30
*29'
*137
-f,
.2,700
8%
*110%
*29%
*29
:
9,200 /
56% Jan 20
15
17
29%
Mar
6
9 Mar 29
/ 9% Apr 6
174 - July 14
74% Jun 28
177 July 27
A.—--,25
,
5
International Paper Co
5% conv preferred
llVa
59%
110 Va
15
30
V>:v
/i':
45%
*110%
111
*109 %
46
36%
*45
14%
14%
14%
14%
n
Jan
12%
1
38 V2 July 6
115
Mar 29
144% Jan 20
100 A 130
8 Va
62%
v
110%
115
13%
110'/a
.
45%
niOVa
*13%
63%
*36%
*45
45%
14%
■
141
*36%
36%
109%
V
:
30
*137
,
*43%
115
V
14 Va
14%
44
: ;::
*109%
115
14%
63
43%
63
44
45%
V- 62%
63
*62%
!
Dec
110
> 8% July
Jan 21
Oct
134
48%
11
78% July 24
15% Apr 8
Jan 27
Jan 28
Dec
12% Mar
5
6
Jan
Jan
75%
102%
2% May 10
,
9
tPreferred
...
10%
8%
8%
.
2
Jan
Internat'l Mining Corp
t int Nickel of Canada.
587/a
ll'/a
*42%
.
30
59%
*44%
14%
14,900
1,200
*134% 138
138
59
45 Va
14 %
30%
*134%
■:
30%
30 Ve
30%
138
*134%
8%
45
14%
1,000
59%
36%
*
4%
HVa
36%
*14%
4%
4%
*4%
4%
*8%
36%
14
200
58%
44
*106
63%
10%
36% '
115
/:■■? *62%
8%
*41%
*106
63
58%
*36%
*45
63
10%
*8%
44
*41 Va
63
58%
V 63 %* ■'"
63
•
16 %
10%
-
8% ;■
*8%
8 Va
8%
63
17
30
30%
138
134 Va
1%
17
2
,6% Aug 3
6
Jan 2
-100
...
Int Hydro-Elec Sys class,
Internat Min & Chem
4% preferred...
4,500
1%
1%
1%
tPreferred
360
174
174
16%
*4%
4%
30 Va
*
138
*134%
63
4%
Internat'l Harvester—
'
1%
*62
r
1
—No par
100
No par
No par
No par
No par
-
700
4,200
7%
69
20
Intercont'l Rubber...
Interlake Iron—
Int Business Machines
169 %
175
175
A
1,700
16%
1%.
16%
16%
16 Ve
63
'
30 Va
30%
30%
30%
-
4%
4%
5
*4%
62
62
*
':v,,v%
2
1%
7%
169 %
67%
Interchemical Corp.
6% preferred^.
4,500
8
68%
68
69%
175
175
175%
*175
1%
2
1%
175%
175
1.75
175
xl70
172
8
7
Jan
2% Jun
10% Jun
29% Mar
11% July
7
Jan
Jan
Nov
,14%
44% Jun 28
100% Apr 7
168
July 23
158%
62
10
1
6%
21%
106
100
No par
Insuranshares Ctfs Inc
110
170
7%
8
7%
68%
69
68%
69
100
7%
Jan
Fdb
14%
Mar
79
32% Feb 19
88
Jan 6
Apr 17
No
600
115
7%
7%
7%
Iugersoli-Rand
6% preferred
35
*113%
> 115
115
7%
7%
•
*170
171%
170
172
172
.
7%
7%
8
7%
•7%
173
7%
*7%
*34%
34%
34%
-
No par
par
Industrial Rayon
8%
*7%
8
*7%
8
35%
115
*114
114
113
7%
7%
"
11%
Mar 10
Oct
158
30% Mar
May 10
July 13
July 2
July 12
Apr 8
115% Jun 9
41% Apr
8
45
July 2
17
July 22
57% July 30
114
July 12
63% Aug 18
9% July 13
41% Apr 5
5
2
8% Nov
v
Apr
Feb
125
July 14
Aug 16
21%
25%
40%
17%
17
5
May
Apr
51
3
2
July 15
Jun
.
Apr
10 Vi
8
Jan 7 > 16% May 6
18% Jan £ 2
31% May 5
37
Jan 7
48
May 10
4
Jan 9
13
May 6
11% Jan 2
19% July 22
.£1000 -;v
No par
Inland Steel Co.—
2,700 > Inspiration Cons Copper
72
5% May
45
Dec
88
Jan
80
17% July
Jan 2
Jun 22
v
...-.100
1,500
71%
136
71
118
100
100
.
Indianapolis P & L Co
>
/
71%
70
r
168
No par
Corp_..^...^.l:
•
400
92
168
*160
172
*160
172
*160
92
May 4
Jan < 9
Jan 5
Jan
Mar
,.
87
Jan
100
No par
& Sm Ltd
700
39%
39%
*160
8
5
%
4%
22%
4%
100
Manhattan
preferred
Illinois Central. RR Co
A/:, 6% preferred series A
■
Leased lines 4%
:
RR See ctfs series A
1,800
93
17%
340
46
*45
167
63
Aug 16
3% Jan 2
30% Jan 4
25
t c
; •
300
11%
68%
2,000
*28%
46
5
105
100
5
IHupp Motor Car
13%
46
——
Hudson Motor Car
29%
69%
7%
1%
Jan
4%
3% Mar
'
13
70%
7%
5,200
1%
1 %
1%
1%
1,900
10
9%
&
9
141%
9% Jan
44
Jan
P—....
Hud Bay Min
29
*7%
*
10
•
11%
<
10
,
26%
26%
26
5%
700
13
40%
172
*170
Hudson
*91
40%
*35
1,000
8
17%
92
*113
2%
8
28%
17%
40%
*69%
2%
8 %
■
preferred
&
Dec
May
58%
36% Jan 12
par
Howe Sound Co
28%
9%
92
*160
1,300
12%
9
*17
33%
45
.27% ,27%
45%
45 %
«.
*32%
26
9%
1 %
>
'
9
Oil of Texas v
28%
"
v
Houston
+5%
13%
12%
12%
1,700
26%
*26
26 %
9%
7%
33
8
*7%
26 Va
26
v
7%
2%
33%
2
10 V«
26
7%
32%
33%
>
L
7%
33%
8
*7%
Houston
2%
7%
7%
Household Finance
800
112
*110%
Jan
94 %
31
No par
200
63%
53
53
53
112
X63 %
63%
1%
Apr
13
115
No
....
*63%
*52%
*110%
63%
B
Class
Jun
12.50
No par
preferred
Houdaille-Hershey cl A
200
%
79 %
No par
100
63 %
54
*110.%
(A)
Homestake Mining
2,400
15%
15
15%
15
112
*52
55
112
5,500
44
7%
30
39
*42
44
*42
15%
15%
15 Va
118
38
37%
37%
38 %
*116
118
*116
••'
38
2%
>
118
*116
38
,
*53
33 %
*2
*35
17%
13%
118
*110%,
7%
2%
36%
*16%
13%
15'/a
63
*35
17%
v
3% May 10
14% Jan 6
16% Jan 18
28% Jan 21
7
Jan
6
10
1
10
5
The.
(Del)
(C E)
Jan
110% July 23
71
Apr
2
130
49
100
par
Furnace
36%
13%
15%
32%
*33 vv
-—No
T—t CO ^5
.
112
7%
~7%
preferred
Hinde & Dauch Paper Co...
'
''"7%
conv
100
*42%
63
$4
400
19%
*116
53%
*110%
112
117
*17%
44
53%
53%
*51
117
18%
37%
15%
15%
*15%
*110
117
18%
Jan
2
12% Jan
73
Jan
100
—No par
preferred
*114%
38
*42%
44%
cum
18%
*34%
13%
37%
38
38
69
116 %
*16%
118
*116
117
6 %
Hershey Chocolate
*67
*18%
17% 1
*13%
13%
13Va
117
*78
*136
144% May 14
7% May 29
102
Jun 15
10% May 28
Jan
16%
146
Apr.,
3
5
2
9
152
No par
No par
Motors
Hercules Powder.,
800
Apr
X126
l%Jan
100
116%
35
34%
*16%
17%
Hercules
1,000
15%
W)
.Preferred
■
Apr
12%
6
93 % Jan 20
56% Jan
6
25
25
*22%
22%
35
*34%
*16%
"?0
'
:
18% July
104
98
Feb
Jan
Jan
Jan
135
4%
86
7
2
.—
117%
*
19%
*22%
19%
*18%
167
78
(G
Helme
68%
*15 %
78 %
Hayes Mfg Corp
tHazel-Atlas Glass Co
3,200
400
69
*66
69
*65
69
*65
•'
2%
167
*136
*136
.
__
—
600
105
*66%
7
:
15%
78 %
78%
*78
78
v.
*135%
*135Va
*7%
167
15%
15%
15%
69
*161
167
*161
16
*15%
15
*66%
163
163
165
*158
*135%
104
104%
*65%
*65%
163
*153
~7%
2%
2%
68
*103
*103
.
7%
7%
2%
*65%
*5%
100
1
100
1
preferred
.
of Amer class A
6% % preferred
Hayes Industries Inc
6
Highest
f per share
S per share
share
per
107% May 15
6
13% Jan
par
Hat Corp
100
6
99% Jan
No par
.No
Refrac
6%
147%
*140
Co $5 pfd
(M A)
Harbison-Walk
700
15%
15%
6%
Hanna
108%
*107
147%
*5%
V
$
$ per share
Par
1942
Year
Lowest
'
15%
*140
147%
147%
*140
EXCHANGE
Shares
$ per share
share
15%
15%
the Week
Range Since January 1
Lowest
Highest
STOCK
NEW YORK
Sales for
Aug. 20
'
.
108%
*107
108
106 %
*15%
15%
15%
16 %
16'/a
16 Va
*15%
*
107
*106
107
$ per
$ per share
share
$ per
Friday
Aug. 19 >
Aug. 18
Aug. 17
share
per
*106
107
*106
^
Thursday
Wednesday
Tuesday
v
Aug. 16
Aug. 14
HIGH SALE PRICES
AND
LOW
Monday
89% Jun
2
122
Jan
Dec
129
Nov
No par
19'/a Jan
7
26% Apr
6
17% May
24%
Jan
100
54% Jan
7
65
Apr
5
53%
64
Jan
Apr
0
61
12% Jun
25
1
Mfg Co
.•
82
8
64% Jan
100
8'% Jan'4
Dec
May
7% Aug
79%
Jan
11
Jan
13%
Dec
K
*17%
7%
*23%
7%
7%
7%
*14
*11
12
*100
103
14
14
14%
14%
*107%
*11%
102%
*7Va
7%
*7%
7%
.2,660
23%
23%
23%
23%
500
*11%
12
11%
12
14%
*13%
14%
*108
111%
22 Va
*22
22 Va
21%'
21%
13%
14
13%
13%
31%
31
31
31%
31
31%
19%
19%
19%
19%
*31%
'
*31%
5%
*5%
*31%
5%
32
32
*5%
5%
*52%
54
*52
*19%
20
32
5%
54
——
*112
V:'
31
31
31%
30%
19%
19 Va
*19%
19%
*19%
1.9%
32
*n%
32
*31%
5%
5%
'5'/a
5%
5%
54
*52%
*52%
54
*52'/a
24
23%
24
23%
400
.
5%
54
20
.
54
23%
23%
*7%
8%
*7%
8%
*7%
8%
*7%
8%
7%
30%
30 Vb
30%
30%
30 Va
30 %
30 Va
30 Va
X30%
30 3
4
30%
30%
1,100
30%
30%
30%
31
31'%
31
31 Vb
*31
31'%
31 Va
31%
2,000
14%
14%
14
14%
30%
24
24
-
7%
...5
23% '
8'%
*7
2,600
500
.
W Co..
Kimberly-Clark^
Kinney (G R). Co.....
800*
;
23%
24
Keystone Steel &
'
/«
.
54
24
20
Jan 13
7% Jan 6
83
Jan 2
11% Jan
Stores
preferred
& Co
$5 prior
;
No par
No par.
No par
No par
1
No par
10
—
1
.JVo par
No par
preferred.:
(S S) Co..
Kresge Dept Stores—
Kress (S H) & Co.—
'
~ Kroger Grocery &.Bak
Kresge
103% Feb ; 1
2
4
8% Jan
Jan 29
28% Jan 7
192
15% Jan
Jan
1% Jan
25
34% Jan
18% Jan
2% Jan
23% Jan
24% Feb
Mar
Oct
7%
Oct
16
May
29%
Nov
6
Apr
11%
Feb
Dec
8
6
12%Jun 25
29% Apr
124
Jan
2%
2
7
13
12
2
11
<4
26
100%
Jan
Jan
11%
Sep
109% July 27
2
>• 15% Jan
Feb
117
10% Apr
100
1
100
Kennecott Copper..
11,700
32
*31%
2
Kendall Co $6 pt pfd A.
30%
31%
Y
5 % Jan
...
*112
"
>
No par
5
9
Aug
127
2
preferred. 100
Kelsey Hayes Wh'l conv cl A
..1
Class B
i
...1
2,300
*112%
'112%
conv
Kayser. (J)
800
13%
122% Feb
Keith-Albee-Orpbeum
*108
13%
14%
"112%
*112%
14 %
111%
*21'%
22
13%
*13%
It Va
5%
10
200
111%
"108
21%
*13%
102%
*100
102'%
♦100
B—No par
preferred.
Kaufmann Dept
200
v
11%
'
102%
4%
19% July 20
xl2% Jan 19
10
Furn
City P & L pf ser
Kansas City Southern
Kan
23%
23 %
12
103
14
13%
14%
>
22
22
22
22
*100
*107%
*107%
24
*11%
11%
1,100
17%
131
*126
7%
7%
7%
17%
17%
131
*126
131
"126
130
V iVe
*23
23%
23%
24%
103%
14%
11%
*100
,
17%
18
*17%
18
*126
130
*122
130
*122
18
17%
17%
18
Kalamazoo Stove &
93% July
103%
Dec
.24% May 11
10% Apr
..•14%
Dec
Jan
9
Dec
May
105%
Jan
26%
103% Aug
4
Jun
81%
5
16
7
4%
16% May 11
h
i
t
Apr 24
113
100
8
20 % July 15
34
'July 15
Jun
37%
Jan
11%
Apr
15%
Dec
24%
Jun
29
Jan
6% July 26
1%
Jan
2%
58% July 29
30%
Sep
40%
Feb
1 Mar
22%
Jan
3 %
Jan
35% Apr
Aug 16
24
10% Apr
3
31% July 16
32% May
6
17
2%
Jun
Feb
19% May
27
Jan
22'/a
Apr
29%
Jan
13
L
13%
14
14
64%
65
65
67%
66
Va
68 V3
66
25%
25
25
25 Va
25%
25%
25
*17
18
*17
18%
*38
39
*38
38%
24%
5%
1%
*15%
*24%
%
117%
*114
1%
19 %
20%
*32%
33
*39
39%
7%
7%
For footnotes
25
117%
67
*13%
14
67'%
66
14
66
Laclede Gas Lt Co St
5% preferred
1,550
875
'
*17%
38%
25
*114%
25%
I81
38%
25
25%
25 Va
*25
1,600
;
18
200
38%
39
900
25%
25
400
117%
*114%
117%
5%
5%
1,200
J Lehigh Valley RR
Lehigh Valley Coal
6% conv preferred
17
39
♦114V4
25%
Va
,
6
*17
•
;
;
<
6
5%
6Va
5%
5%
1%
.1%
1%
1%
1%
1%
1%
1%
1%
2,000
15%
15%
15%
15%
16
16%
16%
16%
15%
15%
2,500
29
29%
29%
29
29
28%
28 %
4,400
300
28%
20%
*32%
39%
7Va
see
29 Va
20%
*20
21
*20%
20%
33
33
33
33
33
39%
39%
39%
39%
39%
IVa
7%
7%
page
28%
747.
7
7%
20%
*32%
39%
7
Louis.—TOO
100
Lambert CoV(The)
No par
Lane Bryant—No par
Lee Rubber & Tire..
5
Lehigh Portland Cement
—25
7, 4%
conv preferred..
100
*24%
17
*38
117%
25%
*1%
'
16
"114
18
38%
67
*13%
*5%
5%
5%
38%
*24%
25
117%
*114
29%
29
*
25
*17
13%
20%
*19%
20%
33 %
33 %
33 Va
600
39 %:
7%
39
39 Va
2,000
7
7ys
13,900
t
No par
.50
1
Lehman Corp (The)—
Lehn & Fink Prod Corp..
Lerner
-
50
Stores
Corp.
_5
No par
Llbbey Owens Ford Gl—No
Libby McNeill & Libby—
par
7
May
9% Jan., 4
16% May 21
7%
Apr
4
7
72% May 21
21%
Apr
41%
Sep
29% Jun
.7
11%
Jan
18
Dec
7
19% Jun 18
39
July 1
35*
Jan
17% Jan
11% Jan
.
26% Jan 27
20
Jan
4
107% Jan 27
2% Jan
Jan
11% Jan
24
Jan
2
6
20% Jun
5
12
July 14
26
36% Jun
7
43% July 15
2
237/a Jan
8
Jan 12
Jan
July 20
8% May 19
15%. Apr
18% May
2
32
22% Jun
8% Jun
17
11%
Dec
28
Dec
23%
Jan
Aug
104
2%
113
Jun
4
Jan
1%
Jan
41 Dec
1
6
5
120
July 17
2% Jun
14% Jan
31
.
29
8% Mar
v
Jan
8%
Jan
15% Aug
17%
Apr
25
11%
Apr
14% Aug
Apr
26%
Dec
Jan
33%
Dec
18
20%
4
Mar
Dec
5% Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
Volume
LOW
Tuesday
Aug. 16
Wednesday
Aug. 17
v
39
67 Ya
68
70
70 Ya
68
*67'A
39
68 Ya
70 V*
s
68
67%
68%
68
68 %
71
70%
70%
(1,100
*25%
26%
*253/4
27%
*25%
27%
*25%
27%
*36Ya
36%
36 Ya
36%
36%
36%
36'A
36%
40
187/a
*18
20
*18
19
Ya
36%
39%
*38%
39%
20%
20%
*35%
20%
38%
19
19
19%
19%
19
19
—46%
17
17%
16%
17'A
60%
60 —
60%
59%': 59%
.47 Ya
47%
47%
477/a
48
48
48
48
83A
8%
8%
8%
24 %
253/4
25%
25%
47 Ya
83/4
*
25
-
19
165
20
*68 3/4
693/4
25%,
25%
18%
*25%
26
4
No par
24
7
Jan
par
341/4 Jan
125/8 Jan
4
No
No
18% -
.
157
26
•
693/4
69%
69%
25 %
-70%
25%
25%
•>': 70 /'
*25Va
*20
20%
69%
,
20%
25%
>
*156
20%
19
Loose-Wiles
Lorillard
2,700
>
70
158%
,
*20'/a
■
*69% •70%
20 Va
7%
Apr
16%
Apr
22 Ya
Jun
25 y2 May
9% Jan
July 20
21% July 27
21% Jun 26
11% May
14% May
15% Jan
6
16% Jan
5
25% Mar 29
7
37% Jan
11
64% July 24
51% Jan
6
No par
6% Feb
'4
11% May 10
•18% Jan
13
27% May
6
21% Jun
5
10
161/2 Jan
100
148%-an
12
No par
15% Jan
,-6
100
V 59% Jan
8
Co;
(P)
May 27
par
preferred.
Louisville Gas 8s El A
600
7:•
.'69%: 69%
164 Ya
42% Jan
Biscuit.
400
4
Jan
74 Ya
43
2
Louisville 8s Nashville
8
29
May
138
Nov
32 3/a
Feb
37 Ya
Nov
"
123/4 Oct
16 Ya Dec
1
24 Ya
Jan
Jan
463/4
Jun
42Ya
Jen
2% Mar
7 Ya
Dec
15
Mar
11 Ya
128
Dec
19% Nov
Apr
16% Nov
Mar
153
Dec
11%
Apr
18 y4
Jan
65%
July 24
July 22
Dec
23 %
31%
July 22
22% July 19
79
Jan
177
37
163 Ya
'
20%
20
73 Ya
Apr
.-1
Corp
Long Bell Lumber A
400
Y
Jan
Apr
25
300
: 26
••
33
50Ya
par
Lone Star Cement
r 1,100
.
-8%
V-.19
158
4,900
Highest
$ per share
50Ya
44
19
No par
No par
Co
Refining Co
;
Mar
182% Aug IE
28% May 27
2
Lockheed Aircraft Corp
Loew's Inc
8,100
.
' 48 Yr
*8%
'26%.;
18%
19
161
*158
160 %' 160%
*20
20
,.
..
-
••;.■•'
8%>:
8%
8%
*25
18%
18%
161 % 161V*
*19%
'■
.
18%.: 18%
*161.,
Apr
Liquid Carbonic Corp
500
•:
17%
*8Ya
47%
■
174
22% Jan
Lion Oil
2,400
'•
60 %
.17%
60 Ya
•
100
20
4
73% Jun
2
No par
Link Belt
500
—
49% :: 20 %
July 15
71
63% Jan
Lima Locomotive Wks
1,300
.
July 26
62% Mar 25
25
tPreferred
u.
t per share
41
4
Lily Tulip Cup Corp
36
38%
share
Jan
Year 1942
Lowest
t per share
25
Series B
27%
17%
17%
597/a
19
36%
•*26
60
173/4
25
••
27%
30
5
Liggett & Myers Tobacco
40
184
60
177/a
60 Ya
*8%
*26
20 %
19%
19%
f
17%
60 Ya
*47
♦182
182%
$ per
•
19
Ya
182%
185
*38%
20%
*19%
20 Ya
>
-
39
39
39 Ya
39 Va
20 V*
*39 Ya
*182%
184
400
y
par
Life Savers Corp
>2,200
70%
r.
Range Since January 1
Lowest
Highest
.
39%'' 40
184
*182
Shares
r
39%
♦182
189
S per share
Range for Previous
STOCK
EXCHANGE
the Week
Aug. 20
*38%
*69 Y4
♦182
NEW YORK
SaleB for
Friday
.,
70%
70%
70 'A
69%
.
$ per share
40%
*38%
*67%
38 Ya
68 Ya
39%
.
Aug. 19
$ per share
*38%
38 Ya
Thursday
Aug. 18
$ per share
$ per share
f per share
STOCKS
AND HIGH SALE PRICES
Monday
Saturday
Aug. 14
Sep
76%
Jan
M
♦136
*25
,
>'
34
♦33 'A
33%
■*
28%
28'/a
28
Y
*12%
*12%
13%
17 %
"17%
17% VIS
6%
V
•i/
6%
*9'/a
28%
*12%
17%
•
19
25
18
V
*280
•v
6%
6%
*9%
10%
*10
28%
*16%
18
3
2%
6%
I.IOO
--
Yl8—V
18
.v
*280
6%
—
6
Yl0%YY
10
♦16%
18
'••
>'■ 3%
•
3%
5%
14%
-14%
15% •'16
•17%
:■•> 17%
18
5% •7
i
28%
28%
22%
22%
22%
22%
>■ 38%
38
5%- V
*14%
'15 % Y'1
15%
.16%" Y
15
15%
16
16
16 ■';•,;
17%
17%
17%
5% ;■.* 5%
5%
5%
•V.
«
17
V
5%" ■•■}
'■
54%
♦52%
>
15%
15%
*107
>'
15
25
25%
*24%
•
>
15%
•
*175
176
:
s
•
31
c,000
Maracaibo Oil Exploration
Marine Midland Corp
\ Market St Ry 6%
*10
10%
*113
> 115%
'
:■
30%
*15%
-
*107
113
25
5%
31
—
44%
23%
;>
,
17 Ya
Apr
21 Ya
Jan
14% May 19
24% Mar 6
9Ya
Nov
13%
Jan
19
Dec
273/4 Jan
Mar 15
-
320
MarlS
2
11
Aug
4
14'A Jan
8
19% Apr
1% Jan
27
3% Jan
2
Jan
,5
2% May
5
Y
1,200
15%
15%
15%
113
*107
25%
44%
*115'%
100
113
:-;25%
8% Jun
11
v
Y
5
4% Jan
May
*6%
11% May
Masonite
16 3%
Dec
300
*107
.
25%
'•,
15%
:.y
43%
,44.1/3
23%
23%
116%
25"
15
9*1.
23%
■'
*115%
10
*113
115%
84
•Y
75%
*74%
33%
32%
*9%
9%
*9%
76
76
*37%
40
*38%
*25%
26%
*26
26%
♦31
31%
31
31
7%
7
9%
7
10
115
10
•
114
8%
114
*8%
85
:
76
*83
33
-
*9%
"!.->•
■
t5% %
85
conv
500
8%—'
*84
79%
;
85
*77
.79,
YY33— "<33—•
Mead
>
*39%
39%
*9% o;' 9%
39% •'40.—•
'
"
,♦23%
23%
27%
*26'A
122%
122%
30%
;
*25%
26
25%
26 —::••
*25
3C%
30%
30%
30% Y:
30
*7'/8
*26
7%
,V
7
23%
23 V2
*26
27
v
*120
124
*120
•124>'"'
•
•
7%.,
23%
"
27% v
,*121
30%
7
23%
23%
*26%
<
26
*39%
•
40
*
68
*105
110
>• j V": 66%
68
110
*105
110
♦111%
*87
*86
89
21%
7
Y. *86 V
2%
21-"
21%
2%
2%
:
26
124
24
23%
vi
•
Y-:V
^26,
"K
*121 \'-t 123%
"/
30:
*110%
6%
*6%
21%
2%
-.66
:
110
*105
1st
7%
2%
7%
7%
7%
27%
26%
V,
26%
Minn
1,900
$6.50
100
*
;y
800
7%
27%
7%
7%
%"'y
Corp
V *83%
86
*116%
120
' 121
121
*120
*112%
*116%
v»
85
85%
85 —
.
120
*116%
'
112
*120
85%
85%
■•••
*27
1%
3,100
7%
120
*120
*116%
121
»:
•
•
85
120
85
..;'
*116%
120
•120
84%
114
;
120"
'
Monsanto
■
*113
*113 > 114
'
'
47%
47%
46%
47%
46%
114
48
48%
114
48%
48%
*32%
"'
*32%
*32'A
35
*32%
20%
20%
21
20%
20%
20%
35
20%
*13%
14
14
13%
13%
*16%
167/o
17
16%
16%
*27%
28
27%
5 £
27%
27%
*32%
35
20%
•;
49
,
35
/':
4::s
35 u-.j
"
48.',
Y
■'
5
•14
>>
17 /
>
>'
.->
27%
13%
13%
*16%
:
5
5%
5
16%
X16%
27%
,
27%
27 4
14
'
14
-rW
*5
•f
;
5%
16%
-r.35
4%''
*69
73
*69
73
*69
72
*69
*20
21
*20%
21
*20%
21%
*20%
21%
*20%
75
75
*74
75
*74
75%
75%
75%
*74%
.'
*115
117
115%
10%
10
-
115
115%
—9%
115
114%
10
9%
—;
9%
*39%
41%
*39%
41%
•39%
41%
*39%
*1Y4
1%
•1Y4
1%
*1%
lYa
115
*1%
75
•
10
41%
^
13% Jan
13
% Jan
4
17 % Jan
12
41%
*40%
"
42%
111
1% May
,
57%
8 3A
It?
67
Apr
14 3/4, Nov
jV Jan
4
1%
Jan
28% July 23
92 Ya Jun 30
81Y» July 31
Oct
Dec
Jun
6
12 Y*
Feb
11% Apr
Oct
3%
66
May
May
May.
102 Ya Apr
,'110
,
lYa
4%
Mar
Oct
Oct
18
Oct
91
Jan
117 Ya
119
Mar 19
20
121
Apr
2
114
Mar 10
14
50
July 14
23%
3
28%
Deo
48 Ya Mar
7
12 Y»
Dec
29% Mar
5
6Y4
Jan
8
37
5
273/8 Jun
7
17
Jun
11
Oct
11% Jan 12
21% Jan -8
18% Apr
7
9%
Apr
12 Ya
Nov
31
Mar 29
20%
Aug
25 Ys
Jan
Wheel
13
No par
—5
1
Co
Murphy Co
t4%%
Oct
110 3/4
Jan
34 Ya
Dec
7
,Jun
3
2
Sep
Jan
7
77
Jun
25
50
Jan
63
Feb
15,
Jan
5
23 Ya Jun
26
11%
Jan
17
Dec
No par
-100
(G C)_
preferred
& 'Bro
Myers (F E)
Mar
Apr
Feb
120'
53
62
Apr 13
July 3
69 3/4
Jan
2
2% Jan
—1
,
111
5Y2 Jan
2
34 Ya Jan
No par
Jun
49
77Ya July 21
117
Aug
May
108 3% Sep
4 3/4 Jan
4
113/4 July 19
12
18
Murray Corp of America—.——10
100 Y.
...
112
29
No par
No par
class B
$7 preferred—
Munsingwear Inc
1,400
Jan
33% Jan
—50
Corp
Brass
Mullins Mfg Co
80
1
108
Jan
Mueller
600
,:
Dec
Jan
9Ys Jan
& Co
Essex
Motor Products Corp
1
r
59 Va
3IY2 Jan
Motor
1
9%
July
3% Mar
Nov
Jan
*107 3/s May
.July 23
25
2
3% Jan
108 Ya
No par
,
100
116
9%
98
17
Oct
Apr
35 Ya
103 Ya
July 19
76% May 6
110
,Apr,21
Jan '*2
23 Y3
88 V*
128
113Ya Feb, 4
8 3/8 Jun 10
,
&
60
75 y*
*115
16 y8 May
(J)
Y
1,700
20%
20%
115
41%"
600
Dec
12 Ya Mar
7
Morrell
'
72
*69
'
76-.." /
115
',10
9%
.
72
Jan
19 Ya
26 Ya July 14
317/a Jun
Yb Jan
tMorris
f
900
'
••'21%,..
.
800
.
v
7 Via
108'A Jan
•
*26% v21- 'Y.
5 v——
4%
27
4%
73
>16%
Apr
No par
No par
100
760
14 "r. "
*13%
16%
5
preferred series 0_
Montg Ward & Co Inc
B__
$4
13,000
*
.
Oct
Jan
9% Apr
114% July 22
1
f;
Oct
118
30
20%
20 '.
29
30%
64% Jan
"
••
*69
*9%
48%
32% Y'32%
.
20%
20%,
•
Jun
Dec
July
No par
preferred
Preferred series
121
113% 113%'"
Oct
22%
24
3
"
:>
Jan
6
34 V2 Apr
Apr
;_10.
Feb
32
Dec
13
Feb
'.
72
Jun
,Jan
109
"•<
•>,
Dec
33 Ya
107
20
Chemical Co
4%
8
Mar
Apr
100
Mills
20 Ya
July 22
12Y4 July
77
No par
$4.50
•
1
*120
:
600
>84%^'
>116%
121
*113
,
120 > 121
Carpet
Mohawk
55
78',.
34% July
Jan
7Y» May
21
No par
preferred series A
y
900
Oct
Jan
-
323/4 Mar
.100
'
*28 : ' ; 28y4:...
28%',..
85
"Y
64%
15
Feb
No par
_10
Mo-Kan-Texas RR
26
Feb
Dep
108
2
X
Impl
preferred
Mission
3,100
2
'
7%
Power
Nov
89
Dec
7Yi
Aug
58
'
'21%
2'/a
Moline
X5%
Jun
42
100
-
Apr
6
Dec
110
4
No par,
4% conv pfd series B
4<%% preferred series C
'
94
10% Apr
.106 Va Jan
;
—
86 >
'
:.'2i%
«>;•
20
ilOQ'
1st preferred.
cum
4
*18% Jan
No par.
MinnrHoneyweR Regu
600
•-
.
"6%
,
:
86.
>
115.;/;,.:
6%
21/4
2%
;
27%
7%
7%
♦26%
110
'
8%
•
40
115% Aug
5 Ya
Nov
15%
Jan
7
Dec
9 Ya
39
May
11% Jun
5% Jan
10'
Prod
:
9a/4
101
24 Ya
Oct
7
Jan
Jan
-
26
5
Petroleum
Midland Steel
100
>
5
Co
28
Jan
108 Y4
Jan,
Aug
Oct
14-
Apr
6%
27 Ya
25% Jun
v
25
No par
Copper
Mid-Continent
"4,200
/
25
y
14
8
116
Feb 9
4% Jan
2
50"
6
28% July 15
4
Jan
60
27
May
12%
May
99 Ya Aug
16% May 19
67% Jan ; 9
1
'
66%
'
■
Machine
Jan
10
Jun
50% Apr
Feb 24
6
*
26%
7
>101"
No par
preferred:
Miami
-1,300
123% -
*110%
'115
6%
6%
*86 iJ / 88 %
:: 21% .i:21%
88%
21%
2%
11
6% Jan
No par
(The)
conv
113
7
Jan
.
13
No par
Mesta
1,000
:,.Y
7
.
123%
67 3A
*105
115
21
2%
26%
'7%.
67%
110
*87
10
.,
100
Merch & Mln Trans Co
:
'
67%
*111%
.•>:
16% July 27
•
400
-
24% y 24% :•
*26% f.; '27 '. ,'V
-
-
:
•
:.v
89
Deo
7
8% Jan
1
5%
•
23%
27
7%
..
*107
6 % .6%
:•
90"
-
20%
21%
*2%
•6% "
6%
6%
>
115
'
0' 6%;
*65
66%
*105
J-.vlj
t*lll% 114% V.
114%
*111%
*66%
..'
Nov
101
1
160
>
'726%
'
*67
22
Jun
f
13
"
26 —
Sep
Mar
107
27
Mengel Co
1,000
Nov
9
14 % Jan
Melville Shoe Corp
■500
■
Jan
Ya Jan
3 3/a
76
109% Apr
1
t$5.50 pfd ser B w w
70
.
••9% y: 9%
46
4
"
9%'
176 ;
22% Aug 18
32 >/a Jun
—18
t$6 preferred series A_
Jan
.9
.100
preferred
133/a
Dec
Nov
29 Ya
Apr
Jan
IV*
Jan
25 Ya
16
,.
*
5
Corp
60
...
33—y
>
6%
'
8%
''
■••/,
30
'vV'
114
31
6Va
34 y4
■
Jan
<
19 % Jan
No par
Co
Aug 19
8
7Y4 May 29
4
Aug
19 Ya July
162
Apr
57% July
38% Jan
—1
Stores
175
2
104
1Q0
Robbins Inc
19
11% Jan
_1
preferred
McLellan
500
10%—
*111
8% :.
Y *77
33%
*9%
39 %:
*38%
>
*33
33%
9%
•
9% >
39%
;
76
76
*32%
33
sft
! 84
McKesson &
4,400
223/4 May
,7
100
1
1
Mclntyre,Porcupine Mines
Jan
12% Jan
par
No par
McGraw-Hill Pub Co
!
5
Jan
21% Feb
Jan
26 Ya
7
-
July 17
27%.Mar 26
2% Jan
'
400
1,700
"
9%
8%
84
84
'
- v
*113
vv;
8%
8%
:•
8%
*82
*32%
115
97/a
10
No
Corp
Jan
7 37
*
Y'
116%
Stores
•>, 165
100
LlO
Oct
12Ya
43% July 16
2
,
11Y4
Apr
17 Va May
3Y» Sep
7% Jun
Jan
Jan
32
1
11
Jan
;
21% Jan
par >
No par
Y McGraw Elcc Co
1,000
%' v':
45 Y—.
23%
...
—No
McCrory Stores Corp
—
5% conv preferred
'
25
14%
43%
*115% 116%
'
1,000
113
.
McCall
2,600
■'
Wks
May 27
22
3%
Jun
8Ya
24
31% May
Nov
4%
16% Aug 20
3% Jan ' 5
;
Jan
2
.
2%
July 14
-
3/* Mar
>"
X17
>
1
•
7% preferredMay Department Stores
Maytag Co
$3 preferred
$6 1st cum preferred
v.
1,900
;i5%
Co.
Alkali
Mathieson
3,200
-
;..Wo par
iNo 'par
Corp.:
4% July 14
6% July 13
18% Apr 15
9% Jan ' 2
,i_l
Martin-Parry Corp
Master* Elec
10
:
21%/-;'
•15%
*15%
15
21%
9
•
Co
■i
2,000
176
L)
(Glenn
Y
400
53% ■•53%"'
•
__5
Martin
■
•>Y 5% — 5% Y
*30% Y33 •■-•:—
,
—No par
'
22V4
1
preferred—100
*105
22
25%
15 >
23
23%
•115& 116%
j"
-
31
-
23
*
Y
6
29
*175
53%
22% '
44%
•■
15
' 475— H
53%
30%
'
23
175'
'
10
*8%
84
5
30% July 15
4
2
5,500
%*,>■•
5%: (.
f:','. y
23%.
\*27-4
*105
21%
15%
*107
116%
*113
*74
112
Jan
9
6 % Jan
pr
*37% ^38 % -
•29%
5%
*105
21%
15%
23% :>
"
9%
..
8%
,;80
,
Jan
35%
14
3% Jan
Marshall Field & Co
■
*7
Jan
131
Deo
Jan
par
3,800
'17
•
.
■i 1,110
15% Y
-
5
38
i»
53%
5 Ye'
f:
21%
>
176
53%
53%
53%
25 '> Y » 25
>15 %>' ••> 15 >'
44%
44%
,
23
.
23
*175.
.
113
'♦115%
116%
23%
15%'*
44%
23
22%
♦115%
23
227/a
*30%
:;e>>
■:
*15
45
♦44%
*8
23 Ya
Deo
26%
25
Manhattan Shirt
No
Apr
122
3
Aug
320
Co
15%
6
Aug 12
May
1
Bros.
1,500
15 y4 '
16%
,
5 %
•
*28
*105"
*107
113
X38
29%
' » 5% ■'•••. 5%
3I-'= '?-
,
J 15%
v
>
'
21
21
38%
*28
22%
5% "
•♦105
♦20%
*38%
29
53%'-
:
*30%
31
31
5
-
38%
*28
•
176v
53%
."V..
5%
•105
*15
37
10
t
Co
Sugar
100
5%-:
15%
17%
■>.' 5%
*38
,.
38 %>
.I *175
♦174%
••
No par
10
Mandel
'
%
2
17"
No par
Manati
"
5%
15% v
-..'•.V
5%
5%
29%
5
Jan
>' 18% Jun
Co Inc
Sq Garden
Copper
100
•
28
par.
Madison
6,500
lO.'Y.y '
16% >16%—
3 :Y :!;r —2%
3 ''
<
5%
15%
' .— 17%
18
•5'/a
5%
14%
•a
:
38
♦28%
3
57/8
5%
-
*14% •n14%
16
15%
5% '
>'". 5%
3
*2%
> :,V
3%
'
5%
-
No
•
*3
>>;
20 % Jan
133
100 Y
i Mahoning Coal
' v
10'-
•
^10
Inc
Magma
1,300
'6%; '•
"
Trucks
Macy (R H)
i
13%'
320
Y
Y
Forbes
81
preferred
Mack
;.
3,600
-
Y
Y
;
*16%
28%
'-*12%
320
6%
MacAndrews
•1,000
fj •'
'
—
• 1
6%
?.
25%
-•r. -«t -
"'32%' —
32%
-•18
.10%
•
25%
v:
•
*136-.
6%
10% >
%YH';
*12% ',13%
—
320
♦280
/
320
Y
13%;
*18 —
13%
•a
33% ••33%
28% Y29%
17%s>' •:'"'*16% •17%
*9%
♦16%
V
33%'
/ *9%
6%
6%
10%
28'A
28'A
.
•■17%
.
33%
33%
♦280:'.
320
*280
320
♦280
> ■> 33
28%"' '••28
13% > > *12%
33 %
25%
*136
♦136
*136
♦136
,
V-
.
Feb
44
30Ya
27
Jun
3Y4
113
Jan
Dec
6Ya
Nov
39%
Feb
N
1%
*1% V
12 Va
12 %
12 v,
12%
12 Ys
12 ya
12 Ya
123/4
12%
123/4' '
12
12 Ya
17,500
32 Ya
32 Ya
33
33%
33
331/4
33
33
327/a
33
323/4
32 34
510
16
15%
153/4
15 Ya
15%
9%
9%
*153/4
93/4
9%
9%
1VA
11 Ya
21%
■
-
*19 %
*9
*127/a
19 5/a
97/a
11%
11%
11%
21% >
ai%
11%
21 Ya
21%
*172
174
19 V,
9 Ya
19%
9 Ye
.
13
13
19 Va
175
19
9
27 V,
27
27
193/4 )
19%
11%
193/4
*12-%
19%
*18%
'
9 Ya
9Va
27%
13
.13
20 Ya
13
20
,12%
12%
10%
10%
♦10%
32 y4
32 Ys
32 Ya
32
32
Ya
313/4
32 Ya
22% >
22 %<
22%
24%
24 Y,
*24%
24Ya
24%
*213A
/• -.' 9 -'/
*10 Ya
12
9
87/a
88
*86%
*10Ya
9
88
9Ya
12%
12%
9
89
*88
12 S/8
12
89
13
12
9
■
*86 Ya
9
12 Y4
;.
•»
300
1
National
4,700
National Biscuit
176
20 Ye
..
v
,
12%>
20Ya',
8,000
.2,200
12%
12%
11 Ya
1,300
;
;
11%
100
r
32
*10Ya
/
.100
162
Corp—No par
17
preferred.
Bond
&
Share
Ya
31Ya
•
*24% V 24Yb
24%.'.' V:
'
•
9Ya
9 V* > '.'
v
'9Ya '(.'
9
*86%
i;
-
Nat Enam 8s
-No par
89
National Gypsum
2,300
167/b
♦173%
147%
18 V*
18 3/8
v
146
<
17 Ya
175
■
I8Y4
*30 Ya
30%
*30 Ya
17%
*173%
175
*1453/,
163/4
'■
173%
146
*1453,4
18%
17%>
30%
*30
30%
17% 4
-
174%
173/4
»174 v.-
*14534
147
18 Ya"
17 %
*174
1743/4
18 Ya
'•■■
147
/, *1453/4: 147
18%
30%
18%
17 Ya "
'177/8 (
*30
90
18%
•
18 Ya
«
30
30
:•
;
.
;
400
Y
;;
6%
65/n
..
58
58%
-
65/a
> 61/2
573/4
58
6S%
6%
58 v,
.'•<
58 Ya
6'/a
59%..
:
.
,
•
•
>
-
6y2
•
59
•
v6%•• v:->6%
59 Ya
;•'''••
6S4
58
12
6,300
12 Ya
National Power 8c Lt
(
National Steel
2,200
;•
£
2,700
'<
>
'-58 3/4
.
12 V*
25
«/4
78
5 Ya
57/a
9
253/4
73
9
25s/a
71%
79%
*5%
83/4
12
♦25%
723/4
73%
*78
72%
78
12
12'/a
*243/4
25
72
%
12
*78
.'••;'
S 5%
6
83/4
9
•
79 Ya
5Ya
9
*12%
12%
25%
253/8
71Ya
713/4
*78
*5%
87/a
•
>
.
16 Ya
16 Ya
16 Ya
*22
22 Ya
22 Ya
22 Ya
*22%
23%
98 Ya
*95 %
98%
*95 V,
98 Ya
*9534
98 Ya'
*53
56 Ya
*53
56Ya
*557/a
56 Ya
*557/a
56%
*111
•
W —'
17
♦111
*111
*111
-
v
30%
30%
30 VA
30 Ya
30%
153/a
153/4
15 Ya
15 5/a
15 Ya
•;
15%
157/a
16
157/8
15 Ya
153/4
16
*99 V,
100
*34%
36
*99
100
36
36
,
.,
*
99 Y4
100
*34 Ya
36
100
35 Ya
35%
600
•
;
.
400
'
f
5%';"
8ya'
>•
•
" *5 Ya
■
'
23 % A
9 %
16 Ya
16 Va
>
*95%
'
557/s
'•
'
goo
i
*22% "23
••
953/4
:
•; 53/4''f
f 9Ya
/
;>16 Y2'-"
9534
30% "•.'•
295/a "
"15la
15 3/4
/
*100 v
*35
Pa
■
-
t5%% prior preferred
t6% prior preferred—i
.-10
40
.
Nehi Corp
2,900
%>
200
:
50
'55Ys >,
>
'
100
i
:
For
16 Ya
footnotes
16
see
16%
page
747.
16
16 v,
16 Ya
16%
.16
8
,
16'>
•
15 Ya '*"
lOOYa /I
36 Ya
111%
112
{
12
11
Jun
89
Aug
9
"■
100
=
>*34%
100
Newberry Co (J J)
:
5% preferred series A
20
■
■
;
Newmont Mining Corp
;
Newport Industries
4,000
.
-
-
36 r
300
200
$5 conv preferred—
16 3/8
153/4
16%
.
New York
Central
Nov
26
Sep
18
Nov
33/4
Apr
6%
Deo
60
Jan
72
II Ya
Apr
16% Jan
Mar
Jan
13
6
150
13
22
May 27
13 Y4
Dec
173/4 Mar
Aug 12
36
Jan
4
29 Ya
Apr
36
7Vi Jun
7
30
178Ya July 13
145
May
168
28
129
Mar
146
64 Ya July
14
15% May 28
5% Jan
57
No par
-100
—10
1
Jan
Jun
45 3% May
51
?
7Ya May
; 193/4 July
24
Jan
11
106% Mar. 31
Jan
Jan
Nov
5
14
July 24
3Ya
54
Jan
Oct
Ya Jan
16 3/a Feb
6
Feb
70
Feb
4
4Ya Oct
9 Ya
Feb
5% Mar
;:•• •;
63
May
23/a Mar
8
9%
Dec
11
Jan
17
Oct
Dec
70% May
75%
Sep
23
28
Apr
39 Ya
Dec
Aug
5
104
Mar
110 Ya
Dec
37% Apr
8
953/4 Aug 19
74% Jan
37
9%
2
Jun
lOYa Apr
Jan
9Y8Jan
16
Apr
May
Jun
88
2% Jan
;
4
80 Y» Jun
Jan
6
1 Ya
43 3% May
2
1
>28
Jan
62
Jun
'
2
Jan
14% Jan
,
—1
56 Ya July
114
22 Ya
Apr
30Ya
Feb
26% Jan
2
10 % Jan
12
16% May 29
7%
Apr
11Jan
15% Aug. 20
95YsJan
7
;—No par
21% Mar 3C
15 Ya
Dec
2a -m
Jan
6
93 Ya
Dec
109 Ya
Jan
23 Ya May
32 V*
Feb
12%
Oct
27 % Jan
No par
No par
9%
Apr
Jan
,
,
'
"23,800
-r
2
2% Jan
N'port News Ship & Dr Dock—T—1
New York Air Brake
Dec
14 V* Mar
4
19 % May 27
Dec
Jan
52
serial preferred—100
2,600
.
Ya \!15%.";-
15% •"■:155/8>
-
conv
11,900
.<
293/4 >293/4
- "••'.''• 15
4% %
8% May
17 3/a
93/4
153/4 Aug
73/a Nov
14% Jan
No par
*
157/a
Jan
25% Jun
5% Nov
20
160
+100
100
No par
Neisner Bros Inc
Jan
137
■—No par
Natqmas Co
.1,900
98%
National Tea Co
11
10% July 31
343/8 July 12
70% Jan. .4
25
:$2 conv preferred
;
80
:
79 Ya
(The)
Jan
7
14
■
"
100
->72
National Supply
;
-
153/a
15 5/a
25
•■
*77 Y.
*55Ya >56%""' .;•
'
*111.: 114 '•<
30 34
15%.-
I6.y4
•■
*71"
>;"• ■'
78
*223/4
:'
114
31
15Ya
*30
25 •>> ':•■. ;■>'•■ 25
■
:
t
3%
Jun
15
"
83/4
16 Ya
22%
16%
25
<u*71 v, V 72
v
9
♦95 V,
16%
12Yav'
'.>:78
5Ya >v.,
5%
79%
*22
16%
12%
Dec
Jan
-
12%
163/4
4%
14
4
Apr
14% May 26
;—No par
Corp
12 Ya
9Y» Mar 16
-No par
National Oil Products Co
•'
'
6Ya
*573/a
Jan
Apr
.100
__^100
Nat Mall 8s SYl Cast Co
2,800
..
t7% preferred A
t6%. preferred B
,
30
*1453/4:: 147- .'(>:
30Ya
•
174' .''I..r
174
'
18 Ya
Oct
166 Ya
12%
—10
National Lead Co
12,700 ;
?
16%
May
21% July 23
6
Oct
May
9
Sep
.
9Y4
13
6%
17 Ya Jan
'
174 Ya
■
•»8%
30%
*"
17%
6Ya May
.7
140
Aug
10
x25 % Jan
„
'
16%
Dec
28% July 16
•
1
No par
Co
$4.50 conv preferred
10
::
Stamping
Nov
8%
14% Jan
-No par
400
5Y»
Jan
143/4 May 10
13
Oct
Apr
9% Jan
6% Jan
Oct
Nov
5 3/a
21Y4 Jun 24
Jan
5Y4 Jan
—
Nat Distillers Prod
4,300
4
»
7
19 Ya
July 16
23
175
Jan;
3% July
29 Ya
3
18% Jan
Cash Register
'
32
137/b July
Deo
Jan
16% May
13 Ya May
12 Ya July 14
15% Jan
-.10
;
10
No par
National Cylinder Gas Co
1
Nat Dairy Products
;—No par
National Dept Stores
No par
6% preferred
—10
Nat
3,500
:
Co
2
8 Ya Jan.
5
Aviation
National Can Corp—
5.200
123/4
12%'.
Nat
200
,
"
19%
'
7%
100
:
f
•v
*867/a ; 89
89
preferred
Corp__.
8Y4 Feb
4,400
*18 Ya
20 Y4
•>*10%
32 ;;
13
.
5% Jan
conv
ll7/a
9%
.••v,::r 9 V,
%
26% -27%
93/8
27%
32
12 Ya
v
20 Ya
27'A
1
10
6%
11% V;
*172
177
19% Apr ;1
IIY4 July 8
Nat Automotive Fibres Inc.
21% •2134
:
.
15Ya Jan/ 4
2,200
:
9Ya
HYa
21% >■;
7
2,000
15Ya''
Acme
I
3%
11
15 Ya Jun
403/4 Apr 29
23Y» Jan
National
11%
12 Ya
-•
*172
%
'">15%
93/4
15%
97/a
12
13
133/a
19 Ya
15%
2lYa
*18%
27
27
*11%
llYa
174
9Vo
9 Ya
9Y»
26-%
26 Ya
10
11%
19 %
19 V,
19%
15Ya
*93/4
21%
V,
175
*174
175
*173
21%
153/a
10
♦11%
'
11%
215/a
IVA
21%
11%
*11%
11 Ya
*11v*
v
13/4 Feb
2
1
6% Jan.
5
^...,100
Co—_—.
T.-l
"
:
;
& St Louis—
tNash Chatt
2
Y
-No par
Nabco Liquidating Co
Nash-Kelvinator Corp
;> *IY4 s'v 1%
1% "
.
2
10% Jan .12
102
May
44V* May 29
20
May
5
6Ya
Jun
Monday, August 23, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
Range for Previous
STOCKS
HIGH SALE PRICES
Wednesday
LOW AND
Monday
Aug. 1 i
Aug. 14
I
share
per
22
64
22
22 Va
63
64'/a
C23A
21%
11
*105/(
11
*25
26 '%
♦25
27%
'120
123
45
'A
'
22%
11
*11
11'%
*10'%
11'%
900
25%
*25
27
*25
277/4
100
25%
124
124
123
123
123
125
*120
126
*121
125
*120
*120
46
*44
453/4
44
1
lVa
1
3
3
2%
k;
35%
*33%
36
*33%
182%
182 '/a
182%
183
1823A
183
180'%
182
*116'A
119
*116%
*H6'/4
*1161/4
119
35%
16%
•I. 16%
167/a
52 Va
52%
52
52%
523/a
62 y8
52 y4
52
52'/a
52
10'/a
10'/a
10'/a
10'A
lO'/a
*100:
102
*1C0
203/4
41
41
*12
121/4
52
52
52'A
52%
3,400
10%
10 '/a
10%
10%
5,700
100%
60
12%
41%
12%
*12
*121/4
Xl2'%
12'%
12%
18 3A
18 'A,
183/a
18%
18%
18'%
173/4
43'A
43
43 "
43%
43%
431/2
43'%
4214
43'%
43
*8%
20 Ve
20
9
20
193/4
153
*32
34
*32%
*55
58
*55
58
60
60
59'/a
59 '/a
*11'/a
12%
*150
34
*55
34
.
L
8%
8%
19'%
193/4
58'%
12
*11%
11%
11%
10'/a
11
51
53
58'%
60
"
Marine & Mfg
V
y
|yS'
*11%
12%
*11%
12%
*9%
10%
*9%
10%
10%
*9%
51
*20 y2
22
*13
15%
29%
255/a
5
*15
V
37 y8
♦ioy4
*100
101 %
26
42%
y
2,600
A 400
Pacific
Ltg
24%- v
•1,200
Pacific
Mills
*42
24
25
111
*110'/a
100
42%
y
*100 »/a
*41'/a
101 Va
*100'/a
101%
V
25%
101'%
26%
26%
26%
y
26%
*1%
29
5
5%
.
,
Va
57%
♦56
18i/a
53/a
,*56
97 y2
97%
98'A
17%
173/a
71/4
7'A
7%
2%
2%
*23/4
*983/8
98'A
17%
*63/4
39%
16%
22'%
%
5%"
22%
Park Utah Consol Mines
700
57'A
983/4
98%
98 «/2
99
*98'A
17%
17
17
16%
7%
7%
7%
7'%
&
•;
1,100
39%
39 7/a
39%
397%
*39%
16%
*157/a
167/a
*15'/a
200
16%
27
263A
241/4
*23 3/4
24'A
*233/4
24%
571/2
y/ 57%
573/4
57%
57>A
53%
12%
52%
533/8
52 3/4
*11%
5
*4
5
*4
*11%
12%
*4
54%
5
53%
12
12%.'
24'A
*24
24%
100
57
57%
1,100
"
*47/4
54%
53'A
12
117/2
5
53 7/a
It:
11'%
'*ii%
50
50
50
*49%
51'/a
*497/4
51i%
33i%
*33
34%
*33%
34%
,*33>/8
33'%
♦241%
26'%
*24%
25%
*24%
26%
*24%
25'/a
*2434
*83A
8%
iPA
83/4
83/4
8'A
*8%
9
♦8%
7%
7%
71/8
7'A
7%
24'A
24'A
48%
48%
48 34
48%
89'A
89'A
89%
89%
73/a
7%
233/4
241/4
24
19%
48 3A
*88
•
48 3/4
48%
♦88
89%
193/4
22'%
22%
22%
22%
833A
83%
112%
112 i/a
112%
112%
116%
7'A
*70
*5%
*5
y
5%
463/4
*63A
63A
70
72
*70
12'%
5%
47
71/4
12%
12%
175
*163
*12%
*163
*163
175
*181
185'%
*181%
185%
*182
*5
5%
5'/a
51/8
5
87
44
.
44'A
70 3A
70%
175
4%
4434
70 3/4
70%
13 Vi
►163
4%'
4%
60'%
443A
175
*163
4%
59'%
*76
13%
*13
13 %
*137%
sy4
85
*75
44
*69
8'A
81/4
7%
7%
*77
43/8
63A
70
12%
175
185%
5
8%
86
44%
703/4
13%
175
4%
59
591/a
58
58
46%
46
46
47
19
19
19'/a
*19
20
*19%
20
10
*9%
10
19 y8
19
*19%
•
23%
*100
5%
116 5/a
11
A
22 3/8
3,600
Philco
82%
2,300
Philip Morris & Co Ltd—i
tPreferred 4'A % series
115
116%
112
'
'
94
'
477/8
475A
477%
48
'
55/8
87
*5'%
iV
237/a
24
120
-
53A
7%
*182
5
*8%
5%
49
*614
4%
58
19
19%
20
*19%
*100
120
*5%
57%
*477%
50
6 7/e
77%
*69
*68
72
123%
175
*163
185 »/2
175
8 7/2
/
70 7/a
13%
175
*181 'A
185'%
5 Va
5
46
*45%
237/a
24'A
*117/8
46
13%
*83%
-
12%
86
*70
*100
*51/8
5%
87
72
*78
*163
*83%
47%
574
81/4
*78
4514
*65
*13
*163
,
12%
*162
♦181'A
5
5% %
A
237/a
120
'
2,300
200
20
72
400
12%
175
185'%
'
5%
'
10
46
453A
4514 '
66
13
l
1,000
573/4
480
Class
A
*44
45%
50
Class
B
19%
20
9%
9%
19
*19 7%
*9%
*17'A
414
4%
19
197/a
20
*191%
97%
1,400
19%.'
*97/4
93/a
18%
17%
17%
*17%
173/4
*10%
11
11
11
103A
10%
10'%
11%
*103/4
11
11
11
*107/2
117/4
*10%
11
*33'%
35
*33%
35
*33%
35
35
33 %
33'A
*32
34
541/a
54%
300
10%
*10%
122%
122'%
15%
531/4
53 7%
15%
102 '/a
1
122%
*121
15%
15 7/4
91
90%
102%
53%
15%
153/a
155/s
15%
*125 7%
15%
15%
90%
102%
*120%
1211/4
fno'notes
122%
90%
1263A
F-r
*121
102%
126'A
34%
122%
9iy4
127
34%
15%
54%
102%
1113/8
120%
J.5%
54
90'A
111%
120%
*121
53%
102%
111 %
.'.
53%
343/a
see
35'/4
page
747.
155/a
15%
90
102%
153/4
155/a
90 7/a
102'/a
*121
15'%
15'A
90
102 7/2
18
122'%
1514
157%
53%
122
15'A
151/4
«
Postal Teleg Inc
1,600
conv
5%
conv
2d preferred
122%
140
15%
4,800
Pub Serv
5,470
When
15%
90'%
8914
90%
102i%
102'%
102%
112
112
280
1,060
«
420
112'A
*126
127
127
127
126%
126 3A
*126'A
127
90
*121
121%
122
122
1211/a
1217/2
*121
121%
80
34
3314
34%
9,100
34
333/a
&
2,900
112
333/8
Procter
54%
5%
pfd
No par
No par
No par
1
5
50
1st preferred
llPA
34%
Co Inc
5%
llPA
343/8
preferred
Pressed Steel Car
100
100
y
llPA
111%
5
& Co class B
Poor
1
100
100
Pocahontas
Creek
300
•
-
preferred
preferred
Plymouth Oil Co
Pond
20
(The)
Pittston Co.
4%
57
45
11
53'A
100
100
57/2% 1st ser conv pr pfd
100
Pittsburgh & West Va
100
Pitts Young & Ash Ry 7% pfd—100
58
4 3/8
No par
No par
Bolt
preferred class B
5% preferred class A
45
9 5/a
*33%
90
■
1
^-100
100
7%
58
43/8
11'A
'
preferred
47
*10%
18'A
Pittsburgh Forglngs Co
Pitts Ft Way & Chic Ry Co
59
*10%
*17%
690
400
13
175
preferred
Pittsburgh Steel Co
2,200
66
& Iron Corp
Pitts Screw &
8
*163
$5 conv
25
100
100
100
No par
No par
preferred—
*6%
Pitts Coke
2,200
84
13'%
,
1%
8
70'%
100
Flour Mills
Louis Ry Co
Pittsburgh Coal of Pa—
900
'
6%
84
175
Hosiery—;
Pillsbury
Pitts C C & St
86
8%
No par
100
No par
5
•Preferred
20
53/4 '
49
100
—
7%
Pnoenix
100
1,100
»
series
preferred
Phillips Petroleum
10
5,300
87
3
^-10
100
;
Phillips Jones Corp
*
'
Corp
t4'% %
300
13
*92
50%
*163
-70
20
*11
5%
12%
:
'■
No par
Gamble
of Feb 1 >29)
100
Corp of N J
No par
(ser
distributed
preferred
preferred
t7% preferred
t8% preferred
Pullman Inc
—
No par
100
100
_J.
100
t$5
t6%
tPub Ser El & Gas
-
-
•,
pfd $5
No par
No par
*
4
Jan 27
23
Feb 20
6'AJan
4
5'A Jan 12
23% Aug 20
Jan; 4
68'% Jan 2
187/a July 8
13% Jan 14
f 71
Feb 20
106
Apr 20
109'% Jan
7
7% Feb 17
;
79 % Jan 5
44' Jan 20
3'% Jan 16
70
Jan 18
18'% Jan 4
102
Jan
8
3% Feb 8
37:
34'A Jan
6
5
Jan 25
59
Jan 14
Feb 4
Jan 9
Jan 21
Jan 4
Jan 13
/ 597A Jan 5
.
24
Jan 13
66
Jan 4
7'% Jan 2
150'% Jan 4
114Jan 8
29
Jan 30
20
Jan 28
9'/a
170 ,
175
4
4%
14'AJan
18
4
2
Jan 18
Jan 7
Jun 21
Jan 6
Jan 14
Jan 4
48'% Jan 4
11414 Apr 7
11% Jan 6
137/a Jun 21
75'% Jan 20
r,857A Jan 2
965A Jan 4
109'% Jan 4
11514 Jun 4
2614 Jan 2
16'A
6%
65/a
2414
Sep
'/a
Oct
Jun
151%
July 9
July 14
Jun
7
July 21
Jun 4
Jun 8
Apr
8
Jun 25
May 6
July 7
July 8
Oct
Jan
'/a
30%
Jan
23'%
Dec
Apr
143
Mar
192
108
Mar
116'%
Sep
6
'A Mar
11 '/a
Nov
39
Apr
52%
Jan
39
Apr
53
Jan
Jan
14
9% Dec
Jan
96
Jan
851/2
Apr
4'/a
Jan
8%
100
Apr
110'%
8
Apr
17'A
A
31% Apr
73/4 Sep
32
19'/a
6'%
-29
60'%
100
20%
9
>
:
*
- •
when distributed
Co
Elec
82'%
115
■
No par
preferred
13,800
12
*63/4
*70
t$6
Phila
193/4
*111
112
19
Phelps-Dodge
Corp
25
tPhiladelphia Co 6% preferred_._50
40
92
*17%
18'A
10%
'A 920
92
9%
173/4
♦II41/2
-
,12
113A
48%
•
.
1,200
4,300
94
*8J%
48
*45
♦45
*9%
120
♦111
;
1
Brewing Co—
22
827/8
112
48'A
^
No par
America
—5
—No par
Petroleum Corp of
89'A
33'% Jan
.
-100
Pfelffer
Jan 11
Aug 2
Jan
6
Jan
6
13'A Jan
6
100
108 'A Jun 18
50
23'% Jan 2
~-5
-.,177% Feb- 9
100 -7 46% Jan
9
ilOO
/ 1% Feb / 9
i—1
- ;28% Jan
6
-100
:
5'% Jan- 6
_100
i'34V4Feb-18
preferred
2.00U
'
I
Ry Co
prior preferred
19%
23 3A
82 3/4
*5%
233/4
*100
22'A
473A
85
233A
120
227/a
83%
-
113A
5 5/8
85
487/8
*88 y8
89'A
l!)3/4
*92
48
23%
46
72
♦12
47%
89 »/4
19 5/8
*114%
87
*100
45i%
*6%
115
*23%
5
5
*44i%
94
5%
5%
23%
120
23%
A 48%- 49
48 3A
19 7/a
111%
11%
*92
*85
87
*23'%
*11
48
473A
5%
*5%
115
11%
94
11%
*92
48
*85
116%
*114%
11%
94
47%
233/s
5%
Pet Milk Co
'f
7%
237/s
■5%
/
400
8%
A/*7%
73/4
22%
83%
*92
25%
8%
8 3A
i
Co
Pere Marquette
400
A
33%
*243/4
26
83
223/4
83%
23%
897/2
193/4
19%
84
113 7%
24
24
24
193/4
*11
:y 7 7/2
33%
200
V
12
51%
*49
14 ;
Jun
80
15%
3'A
1%
No par
preferred
Pepsi-Cola
21,400
5314
'
19%
19%
73A
47/8
r
19
Jan
!J
2%
8/a Jan
1
6 3%
Dec
34
Oct
10'A
Jan
12'/a
Apr
Deo
Jan
Dec
'6'%
Jan
Jan
59
30 ya
Jan
2'/a
79
•!
Jan
4
>A
Jun
17%
Dec
27/a Apr
11'% Mar
132
,
Mar
16'/a
Jun
43 V*
143'/a
Apr
42
x
Sep
Dec
Mar
3%
Feb
17
Nov
38
Jan
20
Apr
Sep
27%
Dec
48
v
Mar
57%
Dec
8%
Jan
6%
6
Oct
;
-
May 20
May 22 V ".
May 22
.
May 6
Mar 4 -
Nov
24'A Nov
»
34
Nov
Oct
19
101
Jan
.
148'%
Nov
4
Nov
:
•
9
Oct
"•;3
Oct
27
Dec
8%
Jan
106'%
Dec
-
2%
Oct
38
Dec
101
Nov
>17'%
Oct
17
Jan
2'A
Jan
29'A
Dec
17'/a Mar
Aug
Mar
Jan
Apr
1%
Nov
'> 29%
Oct
60
Dec
82
Apr
1%
1 Va
Dec
4
•
ft
Jan
32
11
May
."••
,
26'% May 810'/aJulyl9'
8'A Jun 28
29% Mar 29
49'% July 26
90'AJuly27
197/a Aug 2
26'A Jun 1
90»A Jun 3
115
July 30
117% Jun 4
14 July 1
100
July 3
50
Apr 26
7'A May 3
90
Jun 14
26
May 7
102
Jan 8
.
7% May 20
59
May 3
9
Mar 30
5
15% May 7
170
Jan 9
181'% July 12
67/a Jun 7
10'A May 11
90 July 8
52'A May 12
75 Mar 31
167A Mar 29
162 May 18
514 May 29
61'% Jun 1
47'% Aug 12
21% July 16
23% Apr 5
13 Jun 1
22'/a Mar 3
13% May 29
13 iJun 4
407A Jun 3
57% Jun 8
123 Feb 13
17 A Apr 5
16/8 July 19
95 July 19
J-?]$ >Ju!y
114 A July 20
1297A July 15
122 Aug 18
40/8 July 1
Feb
Nov
Jan
47 %
Dec
v
i
2%
30
•
7'%
;
Oct
Dec
Jan
Apr
51%
Feb
May
\ 29%
Jan
27%
Jan
19 % Jun
4
,
Apr >*
5
22
6'A
Mar
Dec
28'% Apr
6
Jun
Jan
76%
Jan
*14%
~7%
98
Dec
•
79
Apr
May
:
Jan
-40'A
.i
Jan
Apr ;
55'%
Dec
32%
49
103
Aug
108'%
23%
Jun
4
36
; 18
Jan
V25%
Mar
23?,.: "15%
18
20
-
Jan
15;
.3
19
104 May
Jan
5
187/8
4 v 16% July
Apr
14
36
Jan
28 ! - : 7%
-
Sep
2
44'
Jun
41% May 20
77'% Jun
Oct
21..
-
14'% Oct
l'A Jan
19'% Apr
13'A
/ A
13%
44 V
Oct
16
8
Mar 3
3% Mar 26
45
Jun 29
1714 Mar 26
110
July
32% Apr
24% Jun
<61'/a July
: 6'% May
-59% July
-16'% May
58'% May
25%
56'% May
Julyl3
July
;
•
30% May 27
23A Apr .. 8
17'% Jan 22
l'/aJan
2
21 Va Jan - 7
16
Jan
7
114 Jan
5
21'% Aug 3
55
No par
Pennsylvania RR—.—
Peoples Drug Stores Inc___
Peoples G L & C C (Chic).
tPeoria «Ss Eastern Ry-Co.
.9,000
26'/a
-
>
/'
—No par
*
Penn G1 Sand Corp
A; 573/4
24'A
*57
Cement
.$7 conv pref ser A
500
5%
2614
27
/
—No par
Corp
^—1
Coke Corp
;_10
Coal &
Penn-Dlxie
•110
*110
26%
27%
Penn
2,500
214:
40 •
>
*15%
16%
*2%
Ford-
Penney <J C) Co__-_
Penn-Central Airlines
1,200
:.
7%:
23/4
34
*163
Mines & Enterprises
Penick
23/4
50 /
*100
Patino
2%
333A
*1141/2
Parmelee
500
*23/4
2%
*110
26%
2,000
2,800
16'%
*7%
No par
10
No par
Transportation
-
99%
17
2.50
Parker Rust Proof Co__
\
.
-
No par
& Co
Davis
Parke
A
5 A
22'%
98 3/4
50
*112'/a
'
57
57
33'A
22%
>
58
•233A
~
5
*4
*83'A
1'
*57'A
*57 v-
24'A
♦49
5
,22'%
23
573A
&
•;••■• V.
1
—1
Tilford Inc
900
22%
7'A
:
2,700
-
57'A
*11'%
*15%
271/a
57A
5%
'A 4
105'% Jan
2
2
Jan
2
35'A Jan 12
100 .'100
Jan 22
1
; 15'% Jan 12
Pictures Inc
•
181/4
18
57
..*110
263A
-
18'A
18
preferred-.
conv
'
29%
293/3
r
"4%
1% A
1%
/■:■
114
29'%
23
40
40
...
16%
*15%
27
♦23%
52%
*23/4
*110'A
*1101/4
26%
7'A
40
40
39%
*15'A
17
2%
18
5%
5%
297A
17 y4
*56
♦17 Va
18
1%:
1%
29%
-
Jan
'
Jan
4
Jan/ 2
Jan 25
Jan 5
Jan
2
Jan - 4
2'% Jan
2
23'% Jan 20
7'% Jan 16
5
5
& Transp
Park
57
22%
223A
57
13A
■
54
614 Mar
4'% Apr
55
July 23
16
Apr
25'% May 20
9'A Apr
16'% Jan 20
7
Jan
30 l July 17 %; 15'% Apr
<45'% July 20
22'% Apr
;28% May 24
133A Jan
118'% July 29
74
Apr
.158
July 30 v 121
Apr
•
6'% May 10
l'A Mar
17'% July 15
5'/a Jan
5
Apr 8
1% Jan
43'A July .7^
1114 Apr
■
107/a Jun 2
6% Dec
113»/4 July 26
101
Sep
;; 4
July 12
1
Jan
45
Jun 11
20% Apr
106 - July 2
90 Mar
30
July 10
11% Apr
33
19
= 911%
148
\
3%
9
•
par
No par
100
32%
*31
321/2
*31
32%
29 y
18%
*18
V
1%
29'A
29
:
53/a
51/4
22%
221/4
22
291/4
•171%
18%
*17%
13A
1%
291/4
l3A
1%
29
32
*30
32
*30
*31
32
Petrol
Paramount
14,000
'
32
No
;
tPanhandle East P L 5.60% pfd_100
Panhandle Prod & Ref
;
1
Paraffine Cos Inc
—No par
A 90
.
—No par
Corp_____•
I
25
-
Feb
Dec
3sa
13'A Apr 29
10
Mar 15
23'A Jan
5
;
Feb
May
23 'A
7
13'% July
2
23'% Jan - 5
14'A Jan 13
-
Telep & Teleg
preferred
Pan-Amer
/
Electric
&
American Airways Corp_^
Pan
210
2.400
(Cal)
Packard Motor Car
I
,
*41'%
43
•
11,800
3%, y
3%
3'%
41%
263%
10%
*10%
10%
Pacific
9,800
v
36%
35'A
111
3%
Pacific
200
'
.."A
4
3%
377/4
3,200
1
■
15%
15%
4
*10'A
5
414
5
15%
16%
y 40
;V-
No par
No par
:_10
—100
100
Tin Consol'd Corp__
1
Western Oil Corp.
r_10
fPacific
10
•
158
*156
158
-
116%
116'%
116'%
*110 »/a
3%
29%
29%
42'%
36'A
105/a
*100
26 V*
V
Gas
3%
111
41%
43%
*41%
297/a
Pacific
4%
37%
3%
26i/4
25%
25%
110%
Pacific Finance Corp
*15'/a
4
♦10%
r
3%
3%
lOli/a
*100
100
25 y2
105/a
111
111
43
*41%
42
*41 y2
100
3%
3%
35/a
*10i/4
3%
15%..'%;
*156
5
363/4
36 5/8
361/4
23
*13
*115
153/a
33%
140
*21
24%
157
43/4
2d
.
6'% Jan <5
'
preferredpreferred—
15%
29i%
lib V2
153/8
1st
60
22%
*42
25%,
155%
4
3%
111
110
:
5
15%
10%
*101/4
111
111
156
43A
371/4
36%
10%
37
*115
*15
4
3%
4
3%
29% >
42%
25
116%
♦1541/4
15%
-
29%
42
25'A
*115
5
4%
16
155/8
.
-y
V
.
110
;
109
80
94% July 24
107% Jun 7
21% Jun 2
151
Mar 19
38
Apr
8
58
Apr 24
64
July 2
5
714 Jan
0
Dec
8% May 22
28'% Jan 15
46
Jan 22
54'% Jan 12
Co________
Coast
22
42%
25'A
53%
52'%
Pacific
Dec
60'%
21% July 19
503/4 July 2
yfc-y Irlllllllfcl
Pacific Amer Fisheries Inc
120
y •
11
p
600
113A
113/4
*10
Co
♦13
22
29%
29%
*42
156
*154iA
5
*15
*13
117
*115
*154'A 156
15%
♦13
25%
25%
116%
*21
423/4
*42
25%
♦115 J/a
21%
293A
293A
42%
*20%
15%
*13
29%
♦413/a
51
21%
21%
*49
?y,
51
*49
51
*49
*49
10
Glass
Owens-Illinois
2,000
Dec
16%
12'% Mar 25
8
142 - Jan
-
No par;
12.50
tOutlet Co
60%
*57
60i%
100
5
preferred
Outboard
200
t
: /
V 155% Jan
6%
Apr
4
41'AAugl8
6
July 22
45
Apr
7
69
No par
No par
Otis Elevator
2
37/a Jan, 2
Jan
2
3'% Jan / 2
6
100
Oppenheim Collms
1,700
6%
33'A
33'%
60'%
*57
603A
60%
2,000
-
■
154
>150
33'%
10
60'A
200
'
154
No par
Omnibus Corp (The)—
8% preferred A
:
5,900
.
,
19%
*33'A
58%
♦57
i'. 58%
60
"
8%
19%
*150
154
*33
*32%
34
>■
19 y8
154
<
A
a
8'%
83A
193/4
20
>150
153
>150
,*150
90
*85/8
83A
*8%
19%
9
90
90
90
89
89
89
89
*8'%
90
90
90'%
90
7%
6 7/a
7%
7'A
7
6 7/a
7%
'63/4
6 3/4
63/8
6 '/a
*6 'A
7
11'% Jan 13
29'% Jan
6
No par
Oliver Farm Equip
1,600
.
<
50
2.50
Ohio Oil Co
15,200
18'A
181/4
18%
18 '/a
43
18 'A
*42'/a
No par
Norwich Pharmacal Co
800
12%
50
.Preferred
20
12%
par
Telegraph
Norwalk Tire & Rubber
300
51/8
No
Lines
Northwestern
70
No par
pfd
Pow $5
Air
Northwest
1,600
y
40
40
.40'A
*40
40'A
tNor States
20%
*5%
5%
5'A
5%
*5%
*39
Northern Pacific Ry
May
1214
Aug 18
38
192'%
118
1814
56'A
56
14'A
100%
18%
116'%
V 23'%
91'AJan
6
73/a Jan
2
107
Jan
2
16'% Jan 19
36
Jan
6
x3'A Jan 14
31 - Jan 15
85/a Jan
6
50
100
Jan
263/a May
5
Jan
Feb
15%
July 13
Jun 10
Mar 1
Mar 1
1% Mar 3
5
2
,
9% Jan
1
Central Ry Co
Northern
Jan
Jan
Jan
Feb
51
Jan
.
10'A
126
53%
/v 2%
6
49'% Jan.: 5
48'% Jan
5
50
50
American Aviation
North
23
1621%
113
93A
10
prefeired series.;
53A % preferred series
15,900
40
*381/2
39%
5
100
100 (
preferred
4%
6%
115%
201/4
21
X20'%
.; 39%
16,500
14%
14%
*115
115'%
21%
40s/a
5'A
*39
10
/'
15
14'%
*115
115%
21
52'A
100'A
100'A
102
15%
401/4
40'A
121/4
1,600
*115'
41%
5'A
•
53%
15
21
*40
5'A
*5%
*39
41
16'%
52%
*100%
115%
v
*205/a
41%
*40
5'A
*5 y8
*39
*115
20%
20%
203/4
16%
52'A
10
151/a
14%
:
115%
*115
115'/a
♦115
15 Va
143/a
14%
14%
16%
52'A
52
102
*100
102
'
16%
100'A
1
17'A
Dec
124
l%Jan.;4
A Jan
4
17'A Aug 6
100
Western
North American Co
52%
lO'/a
Iftfl
Shipbldg Corp part stk
tAdjust
16%
•52
100
Noblltt-Sparks Indus Inc
tNorfolk & Western Ry
640
52%
523/a
Y
119
16%
163/4
16%
16Va
:
119
*116 y4
119
A
180
—100
Jun
35
26
101
Jan 22
28'% Jan
6
X Jan 2
—50
preferred
Ontario &
Y
N
36
179 '/a
*116'A
180'%
119
tN
200
2,100
*33
36
*33
36
♦33%
1813/4
*33'/a
%
18
7
preferred
non-cum
Conv
18'%
*14
14
63'% Jan
Oo
tN Y N H & Hartford
3,400
•
2
tN Y Lack & West Ry Co
5,800
%
27/g
18
18
18
18
18'A
18
18%-.
7%
*23/4
%
3/4
/.Ay. 3/4
%
*3/4
•/a
45
~20
'•
•
3
3
3
Harlem RR
&
1614 Jan
No
11'/a
7414 July 24
May 22
12'% July 29
28'% July 30
5
4
—50
Dock-
preferred
10%
125
1
15
1%
N Y
par
14% Jan
63/a Jan
No par
Highest
$ per share
$ per share
267/8 July 23
27
11
31'% Jan 27
No par
Omnibus Corp
York
5%
180
123
*431%
45
*43
44
New
Jan
100
preferred series A—
6%
NYC
-2,200
1842
Lowest
$ per share
$ per. share
\
100
N Y Chic & St. Louis Co
A 4,100
.
10%
122
181/4
18
173/4
23'A
24%
122
>3A
%
617%;.
233/4
26
3
*3/4
21
6i
22 Ve
*10% Ml
1
3 Va
3
21
63%
23%
*25
*44
1
22
62'%
121
*119
45
*1
*21%
64
123
120%
120 %
>119
22
Par
v
1.
400
22
21%
21%
21 %
2iy2
♦21
*10'/a
•
Year
Range Since January 1
Lowest
Highest
W
EXCHANGE
Shares
share
63%
221/4
63%
*211/4.
64
♦21 Va
the Week
S per
$ per share
share
$ per
$ per share
I per share
Aug. 20
Aug. 19
Aug. 18
.
Sales
STOCK
NEW YOINK.
(or
Friday
Thursday
Tuesday
Aug. 16
Saturday
Dec
107'% Mar
Jun
110
Nov
9
Jan
6 '/a May
65
May
80
uct
30
Apr
46
Dec
1%
Feb
3%
43
65
May
15'/a Jan
3
May
"
V
Dec
Nov
19%
Oct
~4%
Sep
26'% Apr
4% July
38'%
Oct
6'A
Jan
56% Dec
68
7% Apr
Jan
10% Nov
165
Feb
165
165
May
175
Feb
Feb
3% Dec
5%
Jan
4
6%
Jan
May
47'% Apr
62
Oct
20
Jun
33i%
Jan
58
Jun
70
Feb
6'/a Jun
153
July
10%
153
Jan
July
11'A Jun
14%
15'%
Jun
18'%
Oct
3 '/a May
5'A
Jan
9'%
Jan
6% Jun
6% July
21
8'%
Jan
8%
Jan
Jan
Jun
42
Feb
52%
115
Feb
62
Sep
29'A
22%
9'/a Jun
Jan
122
Oct
Oct
14'%
Jan
Mar
86%
Jan
73 '/a Mar
*99'%
Jan
79% Mar
111
Jan
99
Mar
123
111'/a Mar
116
20% July
28%
Jan
Oct
Nov
Volume
THE
Number 4205
158
COMMERCIAL, & FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Saturday
„
Aug. 16
I per share
;
.
n%
17%
17%
17%
111%
i053/a
106
19%
19%
'
*110
13%
13% A
*13%
17%
share
for
NEW
the Week
■-
$ per share
14
111%
»1103/8
100
6%
106%
106
106 %
700
5%
133/4
—19
*19%
1,400
14
173/4
Pure
8,300
112%
14
Range
7'y
Par
17%
*133/4
Bftngs for Previous
STOCK
Shares
177/a
*19%
YORK
EXCHANGE
105
19%
♦133/4
14
Sales
Aug. 20
111%
106%
*19%
per
17%
111%
106
106
*13%
t
17%
110
111%
Friday
Aug. 19
,v
t per share
19% .19%
14 %
Thursday
Aug. J 8
17%
*110
105%
19%
111%
105%
STOCKS
Wednesday
..i
,
share
per
105%
*110
*19
I
$ per share
17%
Aug. 17
,.
RECORD
PRICES
SALE
Tuesday
Monday
i ■
Aug. 14
Y
HIGH
AND
745
14
200
Oil
(The)
II
1
Year
Highest
I per share
No par
preferred
preferred
Since January
Lowest
Lowest
$ per share
I per share
Jan
14
19 Va July 19
100
1043A Feb
3
100
92% Jan
2
No par
Purity Bakeries
133/4 Jan
2
10% Jan
4
14% July 14
47/8 Jan
7
Apr
90% May
114% July 22
107% July 23
22% July 16
conv
80 Va
1042
Highest
t per share
11%
Dto
106%
Deo
Jun
92%
Deo
9% Mar
14%
Nor
8% Mar
10% Oct
5®8q "'aSIS
Quaker State Oil Ref Corp
_10
R
97/a
10
83/a
9%
10
93/4
9%
93/4
97/a
93/4
97/a
9%
'70
*693/4
69%
70
69%
69%
70%
70%
69%
70'/8
69%
69 3/a
8%
8%
,8%
8%
8%
8 3/a
8%
;■ 8%
*89%
-
89%
*25
*
8%
8%
r
26
•
♦14%
8%
897/B
897/a
'25
17
,
:
26
14%
14%
.4%
4%
30%
31
31
31
31
177/a
17%
17%
17
17 '
61
♦9%
10%
*♦17
18
*16%
*9%
V. *17
16
84
3/a-
•
56%
56%
56%
56%
*8
».
8Va
8%
87/a
83/4
17%
17%
17%
17%
*99
101
*81%
•
7%
*82%
7%
65%
65%
12%
12%
12%
r89%
A 89%
93A
9%
28 3A
29%
37
37
12%
*363A
10
14%
*14
8% V
*8%:
*25 Va
73/4
65%
50
.
16
v
Reis
100
18
a
2,600
/
i6-
100
85%
(Robt)
Preferred
7%
7%
101
73/a
73/a
*87
•
13
133/a
89%
;
90
9%
29%
297/a
29%
30%
29%
37%
*363/4
37%
»363A
%
:
15%
32%
:%••.
1%
*5%
5%
*7%
38%
.
80
10 Va
13% A
90
90% A'
30
9%
\
.A 9%
30
*363/4
10
/
10
Va
»8
83A
t
26
15 3A
*26
26%
-:i
*15
•
50
V
*26
263A
k
15%
*46 3/8
32
32%
Va
.u
*1 Va
1%
5 Va
5 Va
5 Va
*7%
8%
*7%
43%
43%
A
113
113
8Va
8Va
33%
33 Va
-
8
112%
8%
*8 Va
33%
33-
333/a
*105
105 Va
105 >
105
42%
*42
42%
42i~
42
*112
113'/a
*112
113
*111
114%
*111
1147/a
1
223A
'
*2%
3 */b
82
82
15%
1
•H
'/A 2%
*22
112
;
♦111
/
A
*104 J/4
5
8
1,800
A
A
♦7%
*1 Va
6
8%
*43'A
44
113
1113/4
8'A
113%
8%
333/a /
105%
105
*111%
8'A
32"%
*41
/
105
*104%
42% A
%
*41
113%
♦111
*111
114%
IS
%
IS
2 lA
*2%
2%
-•22
22%-
1,900
113%
114% .-/•
223A
..
;
40
_
A
-■■7 V'
22%
.
n
223/4
A *22
100
84
1
!84 Va
7,000
153/4
;515%
3,800
*70%
72
71
71
9%
10
*42%
44%
*42%
273/4
27%
27%
*70
93/4
71
*9%
45
44
27%
*3%
3%
3%
3%
*3%
233/4
23%
233/4
23%
233/4
*
1%
1%
1 Va
24%
24
113/4
12
40
40
1 Va
40
9%
*9%
43%
*42%
27%
*3%
24
27
*1%
1%
*1%
24%
*233/4
11%
113/4
11%
40 3/4
41%
403,4
67%
14%
70
Y
A
67%
14%
70
9%
43
9%
*42%
.
253/4
A
33/8
*24 Va
40%
2%
*14%
241/4
1%
40 %
•'
14%
33/8
11%
11%
*23/4
1
14%
24%
3%
24
Y
27%
24%
*24
243/8
12
*70
27%
3%
*23%
3;A;
71
14%
*42%
,
27%
Hi
69%
147/a
*65
14%
71
9%
V
15
69%
*70
10
*42%
27%
14%
14%
IV4
24
3 3/a
23%
*1%
A
*23%
113/a
11%
41 Va
40%
15
9%
3
33%
*32%
33%
*32%
33%
32%
32%
*32
323%
32
100
*21
21%
•21
21%
*21%
21%
*21%
21%
21%
21%
14%
14 Va
14
14 Va
Xl3%
14
14
13%
14
19%
19%
/
19%
22 3/a
22 3/a
19
*22%
Simms
3%
3%
33/4
3%
3%
3%
26%
*26%
26%
26%
26%
*26%
26%
26 %
26%
263/4
26%
144%
1443/4
23%
23%
23 %
145
23%
*139
23%
3%
23
Oil
400
3%
33/4
33/4
27
*26%
263/4
400
26%
27
26 3/a
26 3/8
1,100
233/a
9
43
Feb
1
May
4
115
Feb
16
1073/4 Jan
23
112
Mar
23
106Va
113 %
145
*135
23 Va
23 Va
145
So
30
233/a
Porto
8%
Rico
43%
54%
54%
47/a
4%
4 5/a
*47/a
5%
*51
55
*493/4
55
*49%
29%
*27%
29 %
*27%
*5
55
*27%
29%
5%
*493/4
55
29%
29%
*54%
,.
43/4
*5
'
V
56
43/4
4%
5 %
*48% .55
2734
*5
,
x27%
27%
273/a
27 Va
273/8
38 Va
38%
38%
383/4
38%
*38
39
59%
*58%
59%
*583/4
59 %
*583/4
59%
27 Va
27%
2,500
5%
200
200
*48 3/a
50
*273/4
283/4
253/4
*38
*583/4
27
38 3A V
Southern
4,400
600
6%
6%
6%
6%
6%
6%
6 Va
6%
17,100
49%
49%
50%
50%
513/4
51%
53
52%
53%
37%
37%
37%
37%
*37%
38%
373/4
37%
38
38
38
38
900
113
1 Va
1
3%
;
■
29
*1103/4
70%
70%
116%
116 Va
7%
113%
$
7
7%
*111%
1
3%
29%
113
*67%
117
7
3%
1
1
Y
:
-
3%
29
113%
1
*1103/4
*67
*116%
7
*111%
*1
63/4
113
*1103/4
69
*67
70
200
117
117
117
7Va
113
-••.
1 Va-
3%
3%
28 5/a
28 3/a
34
33%
6%
112
1
3
*28%
7%
112
1
32,200
900
3%
Standard Gas & El Co
$4 preferred
$6 cum prior preferred
$7 cum prior preferred
34
33
33
1,900
375/a
38%
37 3/a
38
37%
373/4
9,175
Standard Oil of Calif
36 Va
36 J/4
36
36%
353/4
357/a
5,800
Standard Oil
12,100
55%
57
56%
56%
56%
56%
56%
57
56%
57 Va
42%
41%
42%
41%
41%
413/a
41%
41%
41%
41%
41%
3,000
Standard Oil of New Jersey
Standard Oil of Ohio
73/8
7%
7%
7%
73/a
7%
7%
75/a
7%
7%
7%
73/a
4,400
Standard
30%
30
30%
30%
*29%
30%
30%
*29%
60%
60'A
60 3/a
60%
60 Va
61%
61%
61%
61%
62
1,500
ll7/a
113/a
113/8
11%
113/4
11%
115/a
11%
115/a
2,300
11%
11%
11%
11%
11%
11%
11%
11%
11%
10%
8%
8%
83/4
87/a
8%
8%
8%
113/a
113/8
113/8
113/a
11%
ll3/4
11%
6
*18%
18%
57V4
57
128%
6
*57%
128 Va
128%
128%
5%
5%
-6
18%
18%
3
3
3
3
*73
76
*73
76
27%
27%
27%
18
2%
*73
27%
58
18
3
76
5%
*18
3
*73%
57%
130
5%
18%
8 5/a
113/4
8%
12
58
58
*129
132
5 5/a
18
5 3/a
18
11%
400
2,100
85/8
8%
2,200
113/a
ll7/a
22,900
*57%
*129
5%
18
3
3
3
*27/8
76
*73
75
*73%
58
132
5%
18%
3
500.
40
3,200
800
2,800
74%
27%
27%
*26%
27
*29
31
*29%
31
*29%
31
*30
31%
*29%
31%
*29%
*10%
11%
*10%
11
*10%
11%
*10%
11%
*10%
11%
*10%
*26%
26%
26%
26%
26%
26%
26%
26%
26
26%
For
footnotes
26%
see
267/a
page
747.
27%
27%
700
Steel Spring
Starrett Co (The) L S
Sterling Drug Inc
Corp
Stokely Bros & Co Inc
Stone <fc Webster
Studebt ier Corp (The)
Stewart-Warner
Sun
Oil Co
Class A pfd (4Va %
Sunshine Mining Co
Superheater
Co
cum)
(The)
Superior Oil Corp
Oil
of
Apr
30%
Oct
203/4
Jan
Paper Co
Sweets Co of Amer
Swift & Co
(The)
6
14 Va
•
9%
12%
Jan
Jun
18%
Not
5
18%
Feb
39
50% Mar
5
5
343/4
Jan
30
1%
Apr
1%
Nov
28
10
Jun
26
33
Jan
109
Jan
28
49
Jan
10
70
113
Feb
17
117
4% Jan
8
2
1007/a Jan
7
No par
28 3/a Jan
28% Jan
31%
Jan
Sep
37
Mar
60
Jan
2 Va
Sep
Sep
4%
Jan
293/4
45%
Jan
27%
Jun
38%
Jan
108
25
46% Jan
2
25
37 % Jan
4
6 3/4 Aug
25
Jan
3
2
58% July 30
12
Dec
40%
Apr
109% Aug
114
Feb
49%
Jan
113
Jan
Apr
5
Jan
89 % May
110
Jan
23/4
17
A
313/4 July 29
v;
Sep
%
3/4 Apr
6% May
2%
Oct
11%
Jan
C*.t
6
Apr
8
18
Mar
383/4 July 14
20
Apr
593/4 July 19
30%
Apr
47
Deo
45% May 26
25%
Apr
40
Not
40
12
Not
Mar
,
36 % July 29
10% Jan
25
Feb
July
■
49
6% Mar 13
*
Jan
7% Jan
Dec
21%
2% Mar 13
1% Jan
9
Jun
24
30
115% July 30
A Jan
No par
No par
No par
July 31
Aug 20
59
Apr
*
26
53% Aug 20
42
July 14
116% July 13
Aug
3%
Dec
17%
15
Oct
3
31
44% July 24
59% Jan
7
21% Nov
Apr
10
July 13
par
Apr
Jan
5
Jun
7
>5
Jan
Jan
Jun
2
Jun
1443/4
6
Jan
2%
Nov
Apr
35 % Mar
15% Not
10% Deo
122%
31
3
Dec
Not
6
55
35% Jan
l3/#
15 3A
6 % Jun
2
No par
10
1% Mar
-
12% May
233/4 Jun
66
9
May
9 % May
13%
29
Deo
5
31% Mar 31
22%
Deo
343/4
66
42
Apr
62
May
14% Jun
Jan
29% Deo
1
5%
7
Jan
3% Mar
Jan
Deo
8%
Not
4%
Jan
1
4% Jan
14
No par
53/4 Jan
103/4 May
7
4
Apr
63/4 NOT
1
5% Jan
13 3/a Jun
5
33A
Jan
6% Not
100
100
No par
1
Calif
Superior Steel Corp
Sutherland
2,900
27
143/4 July 17V,
18
No par
Deo
Jan
Doc
26%
4
Jan
4%
,;i7
Apr
6
24% Jan
Not
Aug
Jun
26
57
35
14
Jan
2 3/a Jan
33
32% Jan
No par
;
°
Superior
31%
11%
27%
27%
57%
*128%
8%
12
*30
Jun
Dec
Not
17%
213% Jan
1
56%
42%
30
493/a May
No par
of Indiana
5 6 3/8
*11%
2
No par
38
11%
153/4 Jan
No
36 3/a
61%
par
30% May
30 3/a Apr
No par
No par
Brands
377/a
29%
7
100
$4.50 preferred
36 Va
11%
Apr
13
1
$5 pref series A
36 3/8
29%
25
2
10 3/4 Jan
2
Square D Co
5% conv preferred
Squibb (E R) & Sons
1,900
J an
9%
66
10
149% July
21% Jan
Inc
Standard
Jun
153/4 Jan
No par
fConv $4.50 preferred
1,200
*60%
15
1
38 5/a
-
Jan
No par
preferred A
33 Va
34
25
132
30
7.50
(The)
Spicer Mfg Co
33%
33%
10% Not
60
19%
5
Apr
6
283/4 July 26
2
No par
No par
100
28 5/a
Apr
Deo
July 20
39% July 16
11
20 Va Jan
$5.50 preferred
Spencer Kellogg & Sons
Spiegel
62% Not
11% Deo
24% July 19
23 %
2
16 3/8 Jan
Spear & Co
40
29
3%
113
2% Jan
5
No par
1
Sparks Withington
conv
3% Mar
20 3/a Aug
18
443/4 July 20
11
6
36%
58
28% Jan
2%
27
July 13
xl3% July 14
2
9
37%
130
Jan
12
Sperry Corp
ft Peb
11% May
% Apr
May 29
1% Feb
July 15
10% May 21
2% Jan
34%
53/4
10% Jun
8
42% Jan
363/8
♦57
Apr
1
preferred
38%
*128%
54%
21
No
Ry
34
*11
8
No par
38%
.
73% May
5
Edison
35%
33%
7
35% Jan
830
29V4
Apr
100
$3
5%
3%
4%
100
5%
59 'A
49%
29%
5
17% July
28
tMobile & Ohio stk tr ctfs
150
49%
*1
16% May
7
5
100
Southern Pacific Co
1,400
y
43A
49%
1
4
20
2
preferred
56
43%
56%
3%
Jan
Jan
No par
Sugar
43%
43%
4%
29
8
52
9
8% Jan
2 3/8 Jan
S'eastern Greyhound Lines
56
1
6
73% July 26
Jan
54
16% Jan
South Am Gold & Platinum
3,400
423/4
*3%
4%
25
6% Mar
43%
29
17% Jun
18% July
:
9
Apr
43
43%
*54%
*111%
853/a July 14
13
10
43%
7%
12
15% July 15
8,800
113%
59% Jan
10% Jan
25% Jun
23'A
7
par
*-1
l3/4 Deo
43% May
21
22%
*111%
Deo
10
2
233/4
7%
17%
1
4% Jun
19
233/a
113%
Apr
263/a Jun
8
Jan
23%
7
Sep
10%
4
16% Jan
2
Jan;
10 Va Jan
23%
♦;n%
1%
15% Jan
237/a
*116%
Dec
19
23%
117
Jun
%
15
Corp
24'/a
*116%
Va
1
No par
(A O)
223/4
117
1
% Mar
Smith & Cor Type v t c
233A
47/a
Deo
Mar
4
5
Socony Vacuum Oil Co Inc
California
56 Va
Jan
2
2
643/4 Jan
Natural Gas Co
43%
Jan
7
Southern
47/8
Deo
16
Southern
43%
39
116
25 Va
18 Va Aug
1,200
*54%
Oct
Apr
109 Va Aug
22 3/a Aug
2,400
5
98
2
par
Iron
66,600
56
May
20
&
14%
*116%
Deo
78
1073/4 July 24
Jan
15
Steel
preferred
273/a
*67%
Jan
21%
32
10
14%
72
19%
Apr
% Jan
No par
26%
*66%
Dec
123/4
par
—No par
Corp
43%
.
Jan
x9%
19
7
14V4
68%
Jan
Jun
12% Mar 26
Apr
273/4
68%
110
104
Sep
373/, Apr
7%
23%
:
7
183/4
13%
*1103/4
Jan
4% Mar
26%
113
44
:/
30% May
10% Apr
13%
*110%
29% Apr
47% July 24
113% Aug
4
11
27%
113
Sep
7%
30
13%
*110%
10
July 13
27
6
Jan
Jun
133/4
5%
Jan
5
46
28%
27%
2
8
29
133/4
26%
105 % Jan
Sep
Mar 11
Mar
4
27%
38
13
7
14
28%
*58%
9
9
53A Jan
'14%
r
16
Nov
17% Jan
14%
59%
Jan
7% Jan
Jan
ft
1%
31% Jan
27
38%
Jan
34%
Jan
Vs
15
14%
Y'
May
A
1
No par
10
Smith
200
263/4
23 Va
Not
.
23
;
$1.20
14,000
27
"135
i
'
Deo
13%
47% Not
No par
27%
27%
.'V
21%
38
Petroleum—
Sinclair
510
26%
145
23%
3%
May
34% May
■
Pen Co—-No par
26%
27%
36% Mar 30
No par
♦13%
*37%
2
Feb
7
9
'
26%
*58%
28% Jan
16
28
Aug
1
No par
No par
Simonds Saw & Steel
200
28,900
32%
21%
5%
50 %
111
8kelly Oil Co
137/a
*5
18% Jun
No par
Sloss-Sheffield
21%
5%
273/4 July 19
15
King Coalition Mines
1,400
19%
*22%
5
7
6
Jan
No
Simmons Co
1,100
193/4
23 Va
*32%
Y
6% Not
96
Oil
19%
19%
22%
*43/4
9% Not
9
No
pref ser A
41
20
*54
9
Apr
Jan
P/4 Mar
5
(W A)
Union
Silver
400
IV4
113/a
Shell
1,400
24
22 5/a
139
Apr
6%
3%
3 Vb Mar
No par
(Frank G)
tSheaffer
Xs
19%
*26%
Jan
6%
4
8
12
Corp
conv
Shattuck
500
24%
22%
145
July 19
•17% May
9% May
73/4 Aug
preferred
conv
$3.50
4,600
19%
f 26
Jan
2
100
Sharpe & Dohme
44 y"
27
23%
23
$5
100
2,000
•
200
♦19
13%
Jan
54
6
Corp.
Sharon Steel
700
*22s/a
137/a
27%
193/4 Jan
Bervel Inc
♦66
Oct
Apr
Nov
5
Sears Roebuck & Co
15%
15
*23%
Seagrave
84%
14%
Jan
Jan
313/4
4
Jan
Oct
74
5
Seaboard Oil Co of Del
300
•
15%
69%
7%
129% Mar
Jan
*20
Jan
35
Jan
100
83%
15
Jan
863/4
8%
Jan
100
No
15%
14%
2
43
4
Deo
19
100% Mar
5%
3a
No par
preferred
83%
69%
*135
4-2 %
2,100
15 3A
15
Not
5%
85%
Va Jan
100
tSeaboard Air Line
15,400
«
2%-
2 Va
82%
14%
49
No par
15%
697/a
Deo
No par
No par
15%
14%
20 % Jan
12
Deo
Dso
Apr
75 Va
11% Jan
100
preferred
$4 preferred
16
*14%
39% July 21
6% May
18
13
71%
3% Mar
1
100
Paper Co
*2%
♦66
32% Jun
4
:
$4.50
..
3 :•,:■•
15
2
343/8 Feb
May
100
2%
A';.::
2%
25 % Jan
Jun
54
11% July 13
pai
Francisco
82
2%
933/4 Jun
2
4%
78% July
Y-
15% July 19
7
10
preferred
81%
-4
14%
33/4
Louis-San
3
,
2
Jan
80
Dec
Dee
Deo
7% Feb
•
.*22
.
7% Jan
7
5 % Jan
10
Scott
2,100
42%
*111
20
91/2 Apr
A/fA:
■
200
A
105% *
*iil
18
Feb
No par
preferred
Safeway Stores
5% preferred
8avage Arms Corp..
Schenley Distillers Corp
5 Va % preferred
260
•
8 3/8
32%
32
Feb
70
No
200
113
8Va
33
(The)
preierred
70
6
98
tSt Louis Southwestern
2,200
Jun
6
5%
-A
Sep
7
Joseph Lead
6%
Ay,:'; 140
44
Co
conv
lyjs
J8t
13%
*94%
13
7
600
Jun
4% Jan
2
St
Jan
2%
5% Jan
100
Mar
38%
86 3/a Apr
8
$2.50
8%
*7%
42%
.
4
Jan
Ruberoid
7 Va May
x55
12
*N>% Jan
Rustless Iron & Steel Corp
6,900
1% A
*4%
2
73% Jan
5
July 19
10% Apr
6
20% July 14
101% May 24
6
7% Jan
50
6
*4%
43%
A
200
y
1,900
1%
Jan
95 % Jan
10'/Si Mar
6
59% Jun
2
5% Jan
82
69%
*39%
%'•"
,,
4
4% Jan
9
,'*2%
*14%
11%
%
1 Va
42 % Jan
Corp
No par
Dental Mfg
No par
Antelope Copper Mines
15%
;
*66
*1
"A'
2
■
2 3/a
*14%
*24%
32%;
85
19% Jun
1
81%
Y
16
.*9%
32%
A
114%
♦111
1
22%
V
49%
112
112
114%
*2%
•
15-
49%
32
42%
*41
112
%
2 3/a
22 3A
27
14%
,
4
100
tCommon
Roan
May
20
No par
23% Sep
3% Not
20
Jan
14
May
1% Jan
4
l-*va Jan
12
20
Feb
Not
22
Ritter
•
100
■
'
113
105 %
2%
5
5
A'43%
*41%
-
%
A
26%
15%
50
*31
1%
•
A
A
8 3/4
28%
Dee
Richfield Oil
2,000
14%
26% V
15%
A
Va
Y
44
•112
*26
<
*46 3/a
*1 Va
%
*104'/a
*2%
*22
r
32
14% r
*13%
8% v 8% /;>- V:*8
50
313/a
32%
Y
15%
*46 3/a
1%
44
33%
15'/a
50
*7% "V. 9
A
8%
14%
v
5 Va
,
113
33%
*14
83A
Va
44%
*112
14%
.
*8%
23% May
Apr
__100
Tob class B
J)
Deo
26*/4
6
10
(R
12
15% Not
11
No par
Spring
Reynolds
.
Jun
86% July 27
113/4 July 24
100
preferred
conv
Reynolds
7,500
38%
10
93/4
5%%
460
1,000
30'A
*13%
38%
2,700
9%
7%
5
100
preferred
preferred
Reynolds Metals Co
Deo
70
69% Jan
No par
Copper 6i Brass
22
Jan
1
15 V* %
s
Jan
39
100
Inc
17%
20
v
A, 13 /.;•
V:::
9%
♦363/4
10
1 Va
v
9
44%
*14/..
1
Deo
54% Dec
12
25
prior pfd ser A
conv
Revere
1,200
65%
Motors,
6%
500
88 Va
*63%
.
64%
8
Jan
tRensselaer & Sara RR Co
50
V
823A
Jan
6
Dec
Jun
29
20
Dee
3%
23% July
11% Apr
5
5% Apr
75% Jun
i
Republic Steel Corp
6% conv preferred
♦82
.
Jun
8
10
8,700
*99%
V
■
30
14
—100
with warrants
17 Va
823/4-
22
3 % Jan
66% Jan
Remington-Rand
17%
101
20
5
59%
15%
Aug 18
22 3% Jan
1st pfd
Reo
9%
83A
& Co
490
17 Va"
263/a Jan
Apr
34%
26
31
No par
Reliable Stores Corp
Reliance Mfg Co
2
22% May
5
34 % Mar 30
5
360
>
10%
15% Jun
6
2
100
Hosiery
3,600
64%
90
10
Silk
_
Preferred
100
7
26 % Jan
14% Jan
50
2d preferred
8%
*87% ,-.88%
13%
89%
1st preferred..
Real
200
11% Jan
2% Mar
46% Mar
1
50
4 %
,
Jan
4
July 19
50
4%
300
59
25
54%
9%
10-
Inc
preferred
83A
93/4
14%
V *46%
32%
*lVa
:
*17
*84
$3
54%
*9%
10
*25 A-
26%
32%
.
13%
<
.
2
9Va
93A
*8%
15% S15%-Y*46%
"
18
16%
*82%
>88%
"
21
"
♦14
8
7%
A
-No par
1
99% July 14
29% Jun
7
56%
*99%
823A
*64%
10%
85 Va
29%
29
10%
102
3 *87%
12%
7
173/a
17%
7%
90
54 % Jan
conv
8%
Y
88%
89 Va
100
No par
Reading Company
'
12%
89% A
93A
preferred
/,
66%
55
9
A
4%
*3%
10%
*84
56
65%
*87%
*64%
;
31
27
*64
•16%
*81%
'
*30%
*26 %
65 Y:
18%
*99%
823/4
10%Jun
Rayonier
500
76
167/a
173/a
102
.
7%
7%
88%/
65%
89%
10%
82
88%
Y.
17%
71
2
500
y
65
85%
8%
12% May
4
3% Jan
Raybestos Manhattan
1,700
Y
17
*73
♦17 "s
56
V
31%
♦163/4
4%
*10%
9
14%
*31
v.
75
10 Va
16%
14%
2
Jan
1
t6%
A 500
-
No par
1st preferred
conv
Radlo-Keith-Orpheum
350.
27
75
653/4
*82
56%
*99%
83
7%
88%
*64%
•
100
100
83
*87
Y
163/4
Y
31"
*3%
*93/4
84 *:
54
17%
4
*17
*26,
Corp of Amer
$3.50
1,300
.6,400
90%
27%
*27
64%
18
26
31A
31
76
10%
16%
Radio
23,000
;
'
27%
,
4
64%
10%
85
16%
♦83
2
*73
60-
18.
*17
*27
76
60%
*93/4;
85
*73
•
X30%
4%
4%
4%
♦59
167/e
*82
32
v
*263/4!, 27%
76
♦73
•
*31
•
27%
•4%
76
90
14%
30%
.*17%
32
303/4
♦59
'
25%
17%
*26%
♦73
91
•
14%
17%
32%
*90
1'
253/4
30%
27%
90
:
14%
30%
*303/4
i
90
25%
14%
•.*26%
91%
'
14%
14%
17
*30%
r
25%
14%
93/4 A
'
*90
30%
V
*25
r,
25
129% July 23
Apr
73/a Apr
33% Jan
22
127/a Jan
23
82
Apr
3% May
11 Va May
May 28
May
1
32% July 23
143/a Jan
20
10
26 % Jan
4
33
5
2
July 24
-12 Va
43/4 Feb
1
25
22 % Jan
2
273/a Jun
Apr
553%
128
5%
Jan
Dee
Jan
15%
Jan
1%
Jan
7
100
12% Jun
Apr
116%
1
4% May 10
1% Jan
583/4 Feb
43
63% Mar 30
48% Jan
122
July 12
Y
9% May
17%
Feb
3% May
20
Sep
16%
Dec
26%
Deo
4% Aug
25
Jan
THE COMMERCIAL & FINANCIAL, CHRONICLE
74§
1
Saturday
Monday
Aug. 14
t 'per
f per share
AUgi 17
■
yhare
t
31%
32%
6%
6%
*6%
*7%
81/2
32
the Week
33.
6%
6%
.7%
7%
31%
33%
32
6»/4
*7%
6%
6%
61/4
'
32%
•43
43%
*43
■43%
4%
*7%
'.
*43
43%.
43%
*4%
4 S/8
*10 7 b
11
11
11
11
501/a
51
50
50%
50%
51/4
5%
37%
16 %
•231/4
•43
11
50%
50%
51%
51
51%
5%
5%
5%
51/2
5%
5%
373/4
373/8
37%
37%
373/4
15%
15%
15%
15%
15%
15%
11%
11%
*111/4
11%
11%
11
11 %
24
24
*231/4
24
23
23
23%
23%
.10%
10%
10%
*9%
103/8
9%
9%
9%
46
*451/4
45
'■
•■*6%'
7
*6%
90
*86%
47 %
,
7
7
*6%
7
*86%
90
*86%
8%
9
8%
8%
9
8%
9%
8%
9%
47
*46%
47%
*46%
47%
*461/2
5%
*5%
21/8
*20
*293/4
2%
2
20y4
14
13%
101
*81/2
400
28%
1,400
Timken* Detroit ..Axle
46%
47
1,700
8
3,100
Trahsamerlca Corp—,——
47%
47%
47%
46%
46%
*7%
*2iy4
21%
*14
15
37 a
*82
87b
21
21
21%
21
30%
31
31
31%
7%
774
.
73»/2
72
73%
72
73
10%
10%
10%
*9%
10%
507b
51%
54
53%
53%
85
22%
21%
22%
5374
31%
31%
31%
313%
3,800
7%
7%
7%
1,200
73%
73
73
420
103/4
10
10%
600
54%
9%
97b
974
9%
97b
97b
974
8374
82 Ve
83%
82%
8374
8274
*11574
116 Va
1(3 7b 116%
*116 y2
117%
*116%
117%
*112
11274
11274
11274 11274
'11274
11274
*54
55
9%
837b
20
98
'93
93
92%
27
26 %
267b
■
20%
20%
9874
9874
99
*91%
93
*26Jb
9274
27
,
V
32%
83
*11574
*11574 1177b
*11174 113
*11174
20%
9874
99
93
;
287b
*19 7b
*114
,
*22
207b
"V:r"
92
92
26%
1077b
*107%
287b
28%
297b
28 %
21%
21%
21%
*207b
*
*114
•
6474
64%
*64
7%
•
23%
23%
23 V*
*2274
24
■
1%"
317b
12%
12%
12%
127/4
60
preferred———
.V- 4%
■
9»4
9%
24
*22 7b
24
*22 7b
3,200
6%
100
*6%
7
*63/8
*58%
60
58%
'7%
58%
58%
734
7%
73/4
28%
28%
28 34
28%
29
71%
72%
71%
73%
73
7
6%
9%
9%
2%
23/4
*23 y4
23%
4%
4%
4%
4%
4 3/8
4%
*43/8
974
9%
9%
10%
9%
•10%
*7%
93%
93%
15 Va
15%
*681/2
8%
1
153/4
69
-
69
69%
*176% 180
*176 V2
8%
8%
*411/3
*42
43
*37
37%
*5%
'
70%
707.4
180
*42
37%
4%
U:
43
*36%
5%
V
16%
110%
7074
*176%
8%
*8 V2
37%
*10974
*16
/
15%
5%
*5
16%
8%
*15
43
37 y4
51/2
*15%
95
94
*15
69
178
178
95
95
"
12 3/4
2 3/4
15%
179
*58 y4
137,300
*9%
31%
9%
9%
2%
24 ya
4%
9%
United
28,900
21/4
37.000
25
4%
1,900
*93%
94
*93%
*15%.
157b
15
70
7074
181
*176%
87 a
*83/a
-
15%
70%
8% '
5%
*4 7b
167b
167b
16%
*109%
//
400 *
•
;
.
16%
*109% 110%
674
674
110%
16%
16%
*109 %
110%
67 b
67b
97b
9%
9%
*9%
31%
31%
32%
32%
32%
V
V
*42
43
400
U
1
*38
40
•38'%
38%
41%
41%
*2
2
41%
53%
51%
900
'
*119
53%
;,24
24
*49
50%
.2
4174
43
1277b
128
*40
42
40
39%
38%
conv
S Indust.
■
No var
l7/a
17 a
*l7/a
2
'
4374
43
437b
4174
23%
;
43
1277b
127%
127%
127%
126 %
127%
527b
527b
52%
52%
52%
52%
7074
7074
70%
70 V2
70%
707b
500
54
537b
54%
X5274
53%
52 Va
52%
1197b
1197b
119%
119%
119%
54
53 Vz
23%
24
*49
3%
3
24
24
507b
24
*49
24
507b
*49
3%
3-%
*3
'
24
24
50%
3%
3%
37b
27 b
2%
2%
*49
T
24%
1,200
50%;
2%
78 7b'
78
78
*77
79
79
*15 y4
16%
5»/4
*1574
16%
1574
1574
*15%
16
15%
15%
36
*34 7b
36
*347b
69%
*68
69%
*68
*5
5
36
69%
*155
20%
160
683/4
*155
*42
*63
70
*65%
66%
*64
247b
24%
4
4ya
4%
48%
122%
*32%
20%
10%
*10%
—
42
41%
*157
20%
10%
*117%
*41%
69%
33
47b
36
69%
160
U S .Tobacco Co—
•
.
,
-
600
5
160
160
•
Preferred
80
'
*
-
10
>.« 8%.preferred—
2,500
Vanadium Corp of Am„fc—No par
1,300
Van Norman Mach Tool,——2.50
*41%
*41%
42
70
*64%
70
*64%
70
*64%
Van* Raalte Co Inc——.—
*62%
70
*62
70
*62
70
24%
4
4
49
*4
*32y8
*35 y2
38%
34%
50
50%
*35
*32%
353/4
35%
34%
34%
*35% ,38 '
34%
34%
108
106
*143
^
■
*143
: 4
4
50%
*122
.
34
103
102
4%'
49V2
*122
24%
'
aio
*32%
24%
35
1,300
1,400
.
35
36%
34%
34%
600
34%
*34%
34%
110
200
*105
——
50
37b Mar
Dec
8Ve Dec
3% Nov
6%
Jan
Sep
Jun
35
Feb
Jun
72%
Jan
5%
Dec
6
2%
Feb
2%
5%
Uec
2
97
July 15
Sep
Apr
77% Apr
4%
4
8
Jan 29
Jan 19
Jan 17
Jun 17
19
July 13
4
8
;
87
674 May
40 % May
73% July 19
181% Apr 17
9% Mar 25
159
Mar 26
64
1747b
Jan
x42% July 14
24%
Apr
2%
Apr
43
»
Oct
Feb
"11% Jan
May
4%
34%
Aug
97b Jun
2
Jan 13
Jan 13
Jan 15
Apr
5
Jan
8
Jan
4
Jan 13
42
Dec
Dec
6% Jan
"41
Sep
34% Jan
4% July
May
;
July 19
374 Jhly 19
2% Jun
80
Jun
% May
v
Jan
Jan
1% Oct
7b Apr
34% May
1
7
1
Oct
60%
Dec
2
• 2
41 y4 July 16
75% July 7
12
July
15% Nov
41
18
142
May
Apr
152% Dec
207b July.
6% July
161
'
Jun
July 14
Jun 12
22
62
Feb
15
7%
19
.
30
May
4
50
67%"May
6
15
55
6% July
68% July
1
1
12274 Aug 14.
20% Jan
15
14
Jan
14
29>/4Jan
2
8
110
Jan 26
148
Jun
Mar
112% Jan
22
26% Feb
61
14% "Jun
25% July 13
12% Feb 25
V 36%
Jan
/
Jan
119%
46% Jan
51
Jan'
Jan
55%
39% Mar
57
80
Jan
71
'
6
Jun
4
5
51%
Apr
44% May
107% Jun
Mar
50% Aug
44
Jan
Mar
37% Apr
58
1;
27% Dec
103% Dec
24
7
Jan
54
,
15% Apr
Jan
2.% Jan
15% May
5
118
39
Apr
% Aug
Apr
MarlS
22% July 31
Jun
29% Dec
30% Aug
32% Dec
"
20
7
597b July 15
Jan 12
25% Jan' 11
May
26% May
71% July 26
7-
4
7
22
2
July 22
62
14% Oct
114
10
12974 July 23
"'
.
8% Janf
Jan
3% May 10
46
Jan
15% Jan
' Jan
,
July -9
44% Jun
4% Aug 18
33
July 9
5974 Jan 15
150
7
99
37ya May 25
-
29
113
„•'
■
2% July 21
27
8
4
100
Preferred
Apr
25%
48 Va
767b July 6
10% July 24
\l Jan,; 2,
27
r-
i7« Oct
18
13y4 May
116
—
Jan
6
100
pfd—r 100
Feb
4
No par
div partlc preferred
Dec
20
Apr
33% Aug
3
8
21% Jan
4274 Jan.
Virginian Ry Co—,————25
6% preferred—
—28
Vulcan Detinning Co,",
^100
100
*143
0%
Va El & Pow $6 pref
Va Iron Coal & Coke 5%-
10
30
Apr
35
125
Va-Carolina - Chera,a__No par
4
July
Oct
58%
July
4%
1%
5
8
200
50
Jan
9% Jun
56
Jan 13
14% Jan 23
.
■ji
Oct
113
May
Jan
11
147b July 26
Jan
—5
*35%
110
.;
-100
*34%
*105
2% May 10
34% July 14
17
8% July 19
preferred '—•—————10Q
Victor Chemical-Works—• i5
5%
16
110% Jun 29
Vicks Shreve & Pac Ry.—
To
3
6
Vick Chemical Co—
300
4
*32 7b
-5
37
15
41
49
*122
*143
*
*23%
-
1
16
115
1st
Jun
X26
•
Jan
preferred,—L——-100
70
68
40
——100
10%
7 fa
104% Mar
69% Jun
5
19%
700
Dec
11
Jun
114
6
10%
33
Jan
2074
167b
% Jan
19%.
33
104%
Apr
1% Jan
No-par
,—No,par
——:
Universal Leaf Tob^i...
*115%
Apr
Jun
1
10%
*23%
.
Feb
Feb
3%
,5
Stookyards Corp—
20%
32
<
/. $6
conv,. preferred,——No-par
Universal-Cyclops Steel Corp—
1
Universal Laboratories Inc——i—1
80
*62 y2
49 74
25
—
ioy2
*115%
24%
preferred—
United Stores class/A
300
69
*64%
*23%
7%
United
10,500
4001
35%
*24
24%
-
;
-
81%
30
7% Apr
974 Mar
8
Jan
112
•
No par
20
x32
41%
*4%
35
-
*68
66%
*143
*143
4%
*34%
160
33
34%
*96
*157.
35
*34
34%
39%
5
36
»69%
20%
10%*
*33
*122
*327'a
38
■
;
42
*122
102
*96
42 74
4ya
48%
48%
122%
474
160
v
2%
"117%
70
66%
57b
20%
36
42 y4
44%
35%
10%
*117%
*117»/2
*33%
21
*33
*5
*155
10 7b
10%
34
24%
160
20 y4
21
10%
34
:
*34%
2%
100
•
Jun
11%
47% Jan
—No* par
.
1,300
79
16%
5
50
.
.3
7% Apr 26
19% Apr ,< 8
25%
101
:
46
64%
100
U S Steel Corp
j—
preferred ,,—i,
.
74%
Dec
85% Nov
5
JanJan
-
,,50
—
;
.
—10
8% 1st preferred—
.
3
2%
2%
*76%
*34%
No par
S Rubber Co
Jan
16%
May
22% May 12
337b July
'
3
21/4
*151/2
'
24,500
.,1
U S Smelting Ref & Min,
Preferred
1
2,600
78%
*68
U
1,300 !
11974 ;
77%
2y4.
20
,—10
Plywood Corp
$U S Realty & Impt—
108
10
89
-114% Jun
Jan
974
29 %
29%
32
__10
'
U97b 11974
77%
2V4
Foundry
U S Playing Card Co,
600
707b
—
U S
17,200
5374
*75
2%
U S Pipe &
•
800
.;
:r
1
Preferred
1,000
*707a
50%
*49
3%
2
200
,100
Mar
100%
Jan
Deo
y36% Jan
6
4
20
8
2
6% Jun
par
—
5
Dec
9%
83
May
5% Apr
30
4
1374
108
.;
preferred—
Chemical, Inc._No-par
No
May
113% NOV
108
46
•;
21% Aug
23% Jun
4
9%
59
173
5%
39%
100
—8
—50
tPrior preferred,,,——.
800
V
39%
114
29
Sep
Apr
May
96
July 22
28% Mar 30.
40
May 27
84 % Jan
—20
U S Lines Co,:
500
40
*39%
:
3%
33%
40
43
/
*3274
'
9%
39%
•'
2
/
33%
9%
974
33%
*52
119%
119
120
2.
33
4ft
39%
974
'
2,600
xll8 / Apr
Jan
7%
58
6
—No par
—
28%
2
26
May 27
8
3% Jan
4% Jan
No par
preferred—
July
11% Feb
6
Partic & conv cl A—
«.
1
7
70%
*70
53%
40
3874
28%
9%
674
52
52
70%
51%
2%
42%
127%
127
127% 127%
*70
<-
*38
7
7% Nov
-Nov
63% Jan
10
—No par
Paperboard—
%'
78%, Nov
"59
16
U S- Leather Co,,
1.100
6%
Jan
5Vb May
10
6
2274 July 14
2yBJun
S Hoffman Mach Corp,
5%
•'.
•/.
37
U
21%
11% Jun
26% Nov
102% July 16;
16% Jan
Freight Col,
7%
30
Jan
2
,_l
No
t c
v
,U S Gypsum Co
1,200 1
;
Jan
1%
8
...
par
Improv't
/ $6 1st preferred
U S
400
179
Gas
U S &.Foreign Secur,:
250
94
5%
16%
United
400
9%
5
6% Jan ./I;
26% Jan 12
60% Mar 9
57b Jan
2
Ex-distribution
United Mer & Manu Inc
2,600
Oct
19 %
9
-
Nov
7%-Aug
16
1
9% Jun
66
2,200
2%. Nov
71
Jan
4
723/4
% Mar
56%. Jun
7Vb
4
Cos,,
8
24% July 15
34% July 14
7
723/4
Coal
Dec
DCc
12% Mar
Jun
5% Jan
73%
2%
5
Jan 18
Jan
2
Jan 13
Jan
5
Jan* 2
6%
18%
77%,Jun 18
7
Jan
Jan
5%
2% Jan
United Eng & Fdy.
—
—5
United Fruit Cb—————No par
24%
Jan
-
4
4
38% Jan
.1,000
36 Va
110%
40
43% Jan
-
May 25
9% May
5
29%
3774
67 b
38%
10% Feb
'7% May
8% Jan
8
4% May
10
29%
43
16%
*38
6
100
-
"'Preferred
29
*42
*109%
*38
5
-
90
6
4
7
7% Jan
1
1,900
*36%
,*9%
9%
31%
7
10% May
25% July
8
Jan
187/b Jan
7
11 Jam 2
17% Jan5
No por
United Electric
37
57b
preferred—
7%
43
7
6%
7
7
July
1674 Apr
4
.
55% Jan 16
^No-par.
Drug Co.—
United Dyewood Corp,
90
60
93/4
*8 7b
,—100
Carbon Co,
United
*4%
7074
preferred,
'
*109% IIO1/2
31% May
93%Jau
17% Jan
16
Jan
109% Jan
•
par
'7%
73/4
37
5%
$3
10,900
10
*176%
8%
*8%
2ya
24
*6%
6%
59*
1%
*42
;
50
79% Jan24% Janr
25% Jan
.
United-Carr Fast Corp—No par
United Corporation,
:
No par
12%
23%
95
Jan
20
80 % Jan
,v
—„5
No
100
12%
4
2%
*94
preferred-——
24
12
23%
*14
-■W;:: 1
•
12%
9%
Dec
34 Va
15% Jan
,
I—5
—100
United
12%
10
97
May
8
79
113
105%
;_100
200
127b
9%
Jun
Mar
42
*
No par
—25
65%
12%
2ya
%'
v
■
30
23%
9%
-
—
29 y4
2%
4
conv
5%
'
1%
23%
*4%
*114
—
'
7
97b
'
*64
2%
*9%
400
3074
72%
72
.'71%
8
67
..
i——__No par
Un Air Lines Transport
United Biscuit Co--.^
11,000
'
5%
>
300
\
2874
21.
*20%
65%
*231/2
2%
*23
5,700
1
'29%
Jan
1% Nov
15% Nov
22
4% Jan
—MlOO
United;Aircraft Corp-.
30
*28%
•
27%
85
25
—,1
preferred—
Union Tank Car—
700
•
1%
7%
Dec
17% July
; 14 Mar
8% Jan
10
9%
34% Mar 31
12% Jan
No par
Preferred $4.50 series—
•;?
31%
7%
Feb
.3% Sep
Jun
.15% July 14
1% Jan-
100
Union Pacific RR Co—
307b
7*ya
% July
103% May 26
6% Jan
No par
Union. Oil of California——
;
107 Va
277b
.
*64
r
2
5%
4
69
No par
•
*107%
108
65 V2
"./...
174
34%
7
5
Union, El Co of Mo $5 pfd
31
'v
7
-30
*114
■
'
60
7
,_
60
*6y4
7%
*6%
.
Jan
12
27
No par
30H4
1
17 b-
Dec
Jan
Apr
4%
40% Jan
No par.
1,000
91%
*22 7b
:
52%
Aug
9% Jan
No pat
130
26%
*64
657b
Mar
Jan
30
Mar 18
3
'26% Jun
4
'
Jun
3
2% May
3%
'33% Jun, «4
Jan
Oct
Jan
42
94'% Jan
'*■
*114
5
-
Dec
9V4
27
No pat
3,500
31%
2174
'
'
Dec
8%
Nov
41
Dec
8%
24%
Sep
34%
49
iy8Jan..2
Corp——,1—i_i.,,l
9,800
30%
297b
21
3074
9%
107%
287b
21
1V2
71%
1077b
107%
29
31 va
*28%
3174
108
31
*56%
32%
"
5
July 28
4
16
3%- Nov
37% Oct
May
4% Apr
7% Jan
-
9%' July 14
2
8% Jan
Union Bag St .Paper——
Union Carbide & .Carb__
40
/
91%
32 Vb
317 b
*114
88
•
Jan
26% Feb-
Apr
/ Apr
8
8% Jan
3
11% Jan
Under Elliott Flsfier Co,
117%
113
26 Va
26%
32%
65%
17b
2674
29
29
__
657b
*26%
32 Vb
327 a
2
5
May 27
6% May 24
15
July 23
15% Jan
Twin Coach Co————-
5,300
21
99
98%
*20
*10774
108
*106
32%
5
.
'
3274
7
33 y4 Jan
42%
28
11% May 4
/ 5174 Aug 19
8
.July 12
6
Jan
2
1,000
97/a
82
21 %
•
20%
98
92% '
27
20 %
20%
97%
8
Jan
5
3,400
55
9%
9%
83
■
*
20
97
5
2% Jan
Truax-Traer- Corp——i.,—No •• par
20th Cen Fox Film Corp,'
No par
$ 1'.50, pi .if er red—a., i—;
Twin City Rapid- Traft,
10%
8374
1974
Jan
JVo- par
<,
73
//'
9%
97
12
4
—10
$6- preferred,*———
13,000
5374
,
2874 July
Oct
4
9% Jan
Apr
i'18
7
Nov
35.
7% May
July 22
13 y4 July 14
52
Nn par
—
Williams St'l
Tri-Continental
700
7%
.
73/4
73
*10
preferred—
conv
Transue
3,100
80
/
83%
83 y4
11274
3%
3%
*82
9
10%
73
73
*10
t$4.50
Transcont'l & West Air Inc——
*8%
31%; .31%
*7%
100
3%
213/4
7%
J
1,100
13%
84%
21%. ,213/4
■r
21%
13%
3%
213/8
;
8 3 4.
■V
21%
14
*8%
31%
-
21%
84%
.85
8%
8%
31
7%
33/4
3%
*82
85
-
8%
8%
21%
*13%
15
7%
8
8
8
21%
21%.
*14
3%
3%
3%
85
*82
8
4,100
30
7
5% Nov
Apr
Apr
1% Mar
i
"■
*
8
8%
21%
15
8
7%
46 y4
X46%
21%
8%
28%
4
6%' July 14
'41%, July13
2
35
Timken. Roller... Bearing,—.No par.
28%
21
5074
13%
100 %
28%
*13%
'31/2
7%
13%
28 Va
28%
5% Jan
32
3
6% Jan
$3.50 cum preferred—
N( par
Tide; Water Associated' Oil—— i._16
100%
28%
Apr
7% Jan
—No par
No par
Thompson-Starrett Co.
14
287b
share
29% Nov
25% Dec
1374 May 29
53% July 14
.:
5
25
—
—
101
28%
$ per
•
374-Aug
•r
5 % Mar 16
17% Jan
Transit Corp—No par
13%
'
47%
84%
-
30%
Highest
/
157/* Aug
8
% May 20
45;
13
par
100%
14
100%
15
31/2
700
101
21%
84%
,1,700
13%
8
7%
500
2%
193/4
1001/4
.
*14
Thompson Prods Inc,^__
307/s
1%
19%
28%
*21%
Thompson (J R)
2
14
47%
Third Avenue
400
20
101
'
471/2.
*30
900
2
13%
28
5%
20
a30ya
8% Jan
100
i__1
14%
14%
19%-Mar
8% Jun 24
:
2
8% Jan
$3 div,conv preferred— T—_1Q
47%
2%
.
*19%
20
*5
No
f
Preferred
Thermoid Coy,—
6,900
20%
*2
2%
-
5%
14 y4
100
8%
*46
5%
30%
*29%.
30 34
20
47%
14%
5%
14
14
14
*46
47%
*100%
14
IOII/2
28
30 Va
20%
201/2
14
*1001/2
*13-
#2
.
.
53/4
13%
29%
-30
30
.-21/8
5%
5%
7
8
36% Jan
——10
The Pair—/i—
90
9
9
4174 Jan
Ry Co
—:
,100
Thatcher Mfg Co——
—_N<! par
t$3.60 conv preferred,,—_JVo par
180
2
Jan
8% Jan
Texas & Pacific
3,200
25
Jan
3
Texas' Pacific Land Trust,/_1
'
51
90
•46 %
131/2
*48
51%
/
*63/a
90
5%
13 %
50
■
*86%
7
*86 7b
46
■
•
8%
12%
Texas. Pacific. Coal & Oil,
700
'
•..•5%
1,900
4,600
2,800
6,300
9%
5% Jan
35
(The)—
25
Texas Gulf-Product CO——No par
-Texas Gulf Sulphur
—No par
'
11%
35 ya July •
9
—
Texas Co
.6,800
53/8
37%
-
35% Apr 22
8
;y, 8
•
$■ per share
8
Tennessee; Corp,—____:,____'_,__,5
10%
16%
7
•
1,000
11
373/4
5%
90
•6%
*86%
600
11%
45 '
45
4%
15%
*9
9%
9%
*4y8
11
share
Jan
4% Jan-- 2
A 5 % %>,
24
11%
-24
24
4%
11
■S per share
22% Feb
partlc preferred——_>,„50
Telautograph .Corp;————
5
37
5%
15%
16%
111/2
30
16%
373/4
11%
100
43 5/s
38
51/4
37%
7%
43%
50%
50%
:
*73/a
11
11
29
Year 1043
Lowest
.
.
Talcott Inc(James)
7%
4y4
..
;
43%
*43"
43%:
4%
'
'/ *4%
4%
*4%
4%
•/ *7%
8
Par
t per
Sylvania Elec Prod's Incr.i—No par,
Symlngtori-Gould .Corpi
.i.
—-1
T
v
Range, Since January 1
Lowest
Highest
''.V /' V/;
•:
•' ,
Swift,International- Ltd—,
3,800
;
Range for Previous
STOCK
EXCHANGE
1,300
8,200
31%
31%
33
6%
81/2.
31%
NEW YORK
Shares
t per share
share
31%
33%
31%
33
.
Sales for
Aug. 20
V
6%
31%
32%
6%
32
$ per
$ per share
$ per share
32%
-32%
Aug. 19
/Aug. 18
.
Friday
Thursday
Wednesday
Tuesday
,
32
31%
32%
STOCKS
LOW AND HIGH SALE PRICES
Ai^g. 16
Monday, August 23, 1943
May
July
Sep
18% May
-
1
„
22%
Jan
Oct
20% Jan
.
11% Mar
26
Dec
116 % July
42
Dec
55
Jan
60
Nov
25% Jan
27b Oct
Jan
40% Oct
110% May
117% Dec
35% July 16
14
39
July 29
24
Apr
35
July
2
26
May
Aug 18
Jun 15
70
Jun
120
Mar
Jan
21% Nov
31% Jan
29%
Oct
96 % Mar
138
Jan
W
10%
107a
10%
*33%
107b'
27
27
27
*27
33%
34
*33
10%
*26%
'106%
108%
3334
*106% 108%
For footnotes
see
page
747.
337b.
*337b
337b
337b
3374
33
107b'
.
'
1074
107b
1074 ' 1074
1074
33%
10%
27 V#
27
27
26%
26%
27
*106% 1087b
*106% 1077b
27
*i^o% r7%
'•loey* 107%
1,300
700 f
700
.
Wabasn RR. pieierred———.—100
Waldorf System,,——No par
Walgreen Co.
No par
:
with warr
;..,100
24'/a Jan
TVa Jan
20% Jan
103
Feb
4
5
2
10
38
*
July 23
117b May 29
28% July 15
109
;Jun 10
21 % July
6% Mar
16
Apr.
97% Jun
307b Jan
7%
Nov
20% Nov
102% Oct
Volume
THE COMMERCIAL & FINANCIAL
Number 4205
158
NEW YORK STOCK
Saturday
Aug. 16
•'
7%
7
4514
y-
1%
>13%
•
•
89%
27
.>
27
'
...
6%
6%
•
*23%
24 -t;
*71Vs
•22%
v? 24
V'6%
•>. *23'4
75
•
*72
.•
>
>22-> 23
'*15.
(
'••
15
•
•
•>>14%
84
14%
84
95
1
•
.ay 84 >
95%
.*
*85 > 86%;
*116
117 -I
*13%'-
-
*106%
>
■''•4%
» 8%
21%
21%;
92%
92
*127
•
25%
110%
110%
*55
59 -!
*94
97 >
*21%
"'
22
98
86'A
•
117
'
15
•
>
«■;'
•-•3%
;-*8%
>
>21 Va^ 21%
21%
21%
21%
;'21%t
>
v,-
y 94y2
'
>93%
129
129
'
8%
'
25
25
*55
22Vai 22%
6
Not
1
Feb
Not
29% Not
4Ye Apr
8%
Deo
80%
Oct
32% Apr 21
24% Oct
39%
Jan
23
July ' 7
17% Jun
2
13% Jun
Jan
14
Oct
July 23
11% Jan
18
Nov
1% Jan
3
July
8
..17% Jan
4
-8% July
26% July
Jan 21
24%
*55
59 >
••;
67%
*66%
19
*18%
22
77
'
*65
12
8
15
2
19
Feb
May
20% Jan
59 V® May
July 15
•
19%
100
57
Auto
Western Maryland..1:
4% 2d preferred..!
Western Union Telegraph
170
\ 200
2
109
Jan
XTlVa Nov
19
7V» Aug
Apr
91
Jan
41% Apr
104
Jan
87
v
34
Aug 18
Aug 19
36
Apr
93
Jan
102
May
119
Jun
3
5
16
Mar 29
5
109
May 22
97
2
113% Jan
10% Sep
Jan
.19
Jan
2% Jan
.
10% Nov
84% Aug 19
88
■<
8
11% Jan
,
10
100
Supply Co
Jan
..103
r
29V's Jun
.
2
14
Sep
12% May
2
Apr
4% May
18
104%
20
Feb
Jan
Deo
5% Jan
'2
26% Jan
.7
6'A Apr
5
11% Apr
3
40>A July 15
23 V® Feb
30
15Va Jan
4
24% May 29
13% May
19% Feb
.
.100
..
..100 ,;
.
.
>81
Jan
No par
2
100
July
1
.120
Jan
5
136
Jun
3
109
.31
Jan
12
40
July
9
23
Aug
Apr
5
> 112% Jun 23
22
Mar
No par
.
24% Aug 19
106Va Jan 15
.
100
.52
5>/a% conv preferred—......100
Wheeling Steel Corpi.
..No par
$5 conv prior pref
—No par
White Dental.Mfg (The S S)
20
j 900
\
*18% >9%
100
;
$4.50 preferred.;—i
Wheeling & L Erie Ry Co
__i'
■
'4
Westvaco Cblor Prod
'
.
17% Jun
4
67% Jan
Westlnghouse.El & Mfg....—
80
1st preferred
1
50
Weston Elec .Instrument
...12.50
30
!•
.
8% Jan >4
58% Jan
..100
> Westinghouse Air Brake..__.No par-
-
80
>>■$
67 "V 67
67%
'
—'
1 600
$ 110% -110%
;1
No par
i
100
Western
500
J
■>21%>22 >>'
22
19
22% ••'•22%
>> 9% a 9% >.
Not
16% Oct
May
'2% Jan
tWest Penn Pr Co 4%tt pfd
100
West Va Pulp & Pap Co
No par i
800
J 100
22
22
yy 19
5% Not
41%
%May
16
89% Aug 19
69
Apr
2% Jun
6
:
par
t6% preferred.—
3,300
•
>*94%>96%
67%
^1-Va 167%
'
96% >97
97
97
>24%
59
>
-•
21%''.
128%'. 128%
24%
-..
3,900
•3,000
$ *36V4>38'f >
U10 >: 110%
59
'■"/
May 13
•
26
.
3%
15% July 13
5
No par
preferred—>
6% preferred
•
,
30
I
8 %
>92% >94%
v.
7%
190
1
36%
21%
94%
*38
24%
110%
*55
7
July
..17% Jan
No par
West Indies Sugar Corp
West Penn El class A
-
*
1,200
8%
>36";
129 '>
:
*36lA
*36% ' 38
217/a
67% ■t 67 % h"
19% -
19
-
;
*110
Webster Eisenlohr__j:—....No
$4 conv preferred...
1,000
|
"'**
'
•21%
94
par
-.1-1
Wesson Oil &-Snowdrift
740
I
t'T5'*
V •107
*3% V": 4'V
37*
129
No
Gas Lt Co
56
5
26 % Aug 17
15% Jan
4
12% Jan
4-
1 "Waukesha Motor Co.:.—.——5
| 200"
'26% If 26%'
3%
36%
94%
Washington
-•79
No par
Wayne Pump Co—
20
7% Jan
s
—No par
Warren Fdy & Pipe.
4
Jan
36
5
$3.85 preferred
-
% Jan
50
Warner Bros Pictures.
280-
♦
*116% *117%
107
36%
-"92%%
preferred
$7
300
$
■*>
87%
>15
8%
>
13
May 29
2% Mar 29
5,300
14% -
L 97%
*85 >
-'27% :''27%
8%
i
14%
>■
.'■15
36%
;'
5
| 300
'84% :•■• 85v
-
8%
'
13% Mar
4% Jan
Highest
I per share
31% Apr
18% May 25
4,400^.
$
v 75
*107 >"'• 107%
27%
'
50% Apr 30
4
V 200
$ 400
6%
>96%
>
87
117 i'
15
4
12
15% Jan
500
?
v
$15%'V24%
*72
r
36%
*19
22%
-•
/
y 36 %■'•'•
*21%
-
'
"
107%
*3%
38% Jan
"i 400
•
■
22 %
#
6%
14% >15%
96%
86%
x27%
-
19%
22
:
No par
Div redeem preferred——No par
Ward Baking Co cl A
No par
Class B
No par
130
|
22% "23%
84% >84%
•
'
117
*107 ' ••,
-
' " 67
67
*19
*22 ;'v.
75 y-
*8'/a *
36%
92% y
\T 130"
'v-
15%
14%
■>
•
•
22%
"
•
*i^7y-.. 130;;
>:36%*36%
'<
0241% >25% *•
*^5 '• •• 25%
*110 % 110%
>-*110 > 110% y
'•'•'
*55 % 59
59 :V*v
:> *55
it *94
'97
*^6- > 97
*127
-•-•'•*36
36%
■"24%
'••
117
107%
-
Walk (H) Good & W Ltd
9% Jun
1
84
86 Vz
>?3%;>4%
21%; •.!
>..92
■
>
130'
*72
98
116%
27%* 27%
37%
•
\ 2i%
•
*35%
■"
36%
37- -v
'••'6% --6%
*23%'"; 24':^'
72
15%
I4%;it-.15 -
*107
'4 t >:
8% W
:>'3%
8%
8%
37
67/a
97%
86%
lt7>
y
•
•
i07%;
*26,% ;:;27 %
*105%
>
*23%
83%
*
97%
86
:
•
;i5%
"
••.14% •v.14 %
•v
27%
s>4
86
v.
27
1
22%
15%
■'•
'
72
>84
97
117
<.•*116
14%4
107%'
*26%
•'
->'85%
>
15%
*26
1
24
67/a
15 %Y 15%
84
■:
22%
r
•
>»••■
■
••
84
«97%
T'fclOv/.-:>•"
*23% ; 24%
15%
*23%
•
27
.--'
J per share
100
i;47
23% V
23%
6"%
-
*25
22%
'
,
Tear 1&43
•
2
8,700
.
f per share
4% Jan
>■13%:;.; 13%•.;>•>■>'12%
13%
89%
89%>>;>> 89% " 89%
i
,
■"
S per share
Lowest
No par
>900
1%
45*-'*■
'■'/
Par
'
Highest
Walworth CO
5,400
*17% jf;<18%
a 10
Lowest
700
7%
47"
!'
•
Range Since January I
»
*1% ;%•■'1%
*1%
45
26%
■:•
*15
> 72
72
'*t
V IS %
96
...
.
.v,
24V*:' 24
>
26%
7%
"
Shares
4545%
2
89%
*22
'.
Range for Previous
EXCHANGE
200
300
45
89%
15%
^6%
*'■
6%
V
YS
HVa
13 %
2^% if 23%
•>24
> 175
18%
•l'OYe
1 13%
36%^ 26%
»-£.
s
47%
*17%
10%
*1%
89%y 89%
f;.
*15 " >15%
.
*46%
18
'
-27 '•':••
v:.i- 24
47%
the Week
^
NEW YORK STOCK
$ vet- share
7%
45
•
13%
.
7%
10%
45 %
13 A
'
:
-22%
15%
24',-"'
45"$'
7%
"•"■
STOCKS
Sales for
•
Aug. 20
.
S per share
18
!5 17/8l7/a
-
1
*
747
RECORD
'
Friday
;
;
Aug. 19
-
47
.
*9% * 10'A
.'13%.;:
y 89%
*26%
22%-
22%
*14%
.
l7/a
•■> *89%
*23%
■
1%
'•*'•"'13
47
v.
Thursday
Aug. 18
7%
'•> *17% .18%
"
.,
v
V.45% -45%Vv'v
•
13%;
■"89 %
*46
V:
10'A
•
■
45 %
*1%
46%
•"18;.
*9%
10 V®
*43
'
*17%
18! -i
*9%
7%'
;
'
$ per share
share
per
&7V4
->■
-
7%
7
>*46%
45'4
*17%
-
$
■
•'*'
#Aug.l7
$ per share
$ per share
PRICES
Wednesday
Tuesday
Monday
Aug. 14
SALE
HIGH
AND
LOW
CHRONICLE
.
29% May
Mar 13
60
Apr
Jan
85
.
97
.
6
Jan
Jan
Oct
83
Deo
127
Jan
32%
Deo
31%
Jan
108%
Oct
42% Dec
50
Apr
80
24% July 22
93
Jan
July
17% Dec
27 V®
Feb
71 % July 14
58 %
Dec
69%
Jan
21% July 20
12% July
15 V®
Deo
2
22% Aug 11
12
Jun
15%
Jan
5
10% July 26
6% July 30
3
Mar
.
.
100% Jun
Aug 18
9
.18
Jan 2
58% Jan 5
15
Jan 14
.
63% Apr
3%
ay®
•
.
*
9%
>, 9%
--■*5%
'
-
5%
*67%
25
>• *67'%
72 :■
*24%
5%
5
•
•'
5%
7%,
13 >
7%
13 >
7%
7%
79%
79%
11
11
7%
7%
7%
12%
12%
12%
12%
8
79%
11%
21%
>:
39%
■>V
21
*116
135
> >'Vi*116
*105
> 120
*105
"39 Ve
.
135
49%
49%
49%
*50
52
*88
93
*
68%
68
28'A
28%
17%
,
•93
*48%
51 >
•
*49%
*88
68
'
-I
93
*88
93
i: *88
134
68
*67
68
: |
*67
50Q"
"
*
100
•
Wrlgley
'8>
17%
137
>
135
*13%
14
36
>36
13%
13%
36
36%
95%
95%>
96
96
13%
13%
*13%
32 Vi
32%
4Va
32%
*4
28%
28%
18%
18%
18%
138
>: 138
'
139
137/a
*13%
13%
36%
36%
X36
36%
95%
94%
95
95 V®
*13%
13 Ya
13 Va
13%
32%
*33 V*
33%
>4%
4%
4%
32'A
sales on this day.
t In receivership,
a
•
-
.
-
,
:
6
.
n
'j.
.
Iv
Week Ended Aug. 20, 1943
Saturday
-
.....
...
Wednesday
Thursday
1
...
Friday
—
Total
Bond
Bonds
.
>. „\
••
•
if
7.209,000
T
-
5,000
..
,
-'t 2,000.,,;
248,500
54,550
$1,295,500
$32,735,500
$71,550
-
>
•'
•/_•
!'
;'
•
>r
Stocks—No.
shares
of
I
U.
8.
J
2,158,150
Thursday
Friday——
5,438,750
$34,102,550
1
$71,550
1,295,500
<
$245,000
> 2,293,000
32,735,500
45,909,700
$34,102,550
> $48,507,700
'■
Jan. 1 to
1943
>•/>>■
>
:■
...
industrial
i
:
.1
Total
73% Jan
110% Oct
Jan.
9
24Va July
2
16%
Dec
24
30Va Jan
2
42% July
24% May
3
21 Va
May
31
7
14%
Jun
?
*
i-
••?.
are
the dai
117
Nov
125
July
105
July 30
44% Jan
9
130
Jun
22
109
Nov
117
Mar
54
Jun
54
Jan
57Va Jun
57 V®
Jan
58VaJan
•
par
1
42
18
44
Jun
108
Apr 20
80
Jun
104
Jan
70
Mar 23
39
Apr
62
Jan
9
4
-/,
-
30 Va May 10
12% Jan
2
18% July 19
118% Jan
12
7% Jan
30
82
4
Jan
9% Jan
2
19% Jan
12
2
Jan
23 Vi
Oct
Apr
14%
Not
121 Va
Dec
5
Apr
28% Jun
7%
Not
37%
41% July 14
97% July 17
16% Jun
7
37% July 13
4% May 10
2
Ex-rlghts.
y
15% Jan
111% Jan
17Vi July 13
.
4
par
Jun
July 24
141
6
Jan
100
V*
.•'••■•.:■
21 Vi Jan 13
1
:. *
.
•
-
.
10%
78
Jan
7
May
8% Feb
1 Va May
U Called for redemption,
I
>.
.
of
\
%
2,311,278,400
1,248,883,600
t Unit of trading
Domestic
Government
Foreign
Corporate
$1,000
$3,000
117,710
•430,000
12,000
1,000
443,000
—-
144,685
626,000
17,000
5,000
648,000
114,130
651,000
36,000
13,000
700,000
134,920
467,000
1,000
1,000
469,000
126,055
705,000
10,000
1,000
716,000
706,655
$3,085,000
$77,000
$24,000
$3,186,000
—.
—i '
'
•
t
—i-
-i-
'
—r—
■;>■•'.;
.
> >-,:
iy
v*,
V-*-
.' >
•
>■
-
■■
Week Ended Aug. 20
Jan. 1 to Aug. 20
.
1943
••
706,655
—
1942
335,950
1943
54,196,372
—i—
3
Foreign corporate
4
Total-
4—
1
■
-1
$3,085,000
55,000
9,652,000
2,714,000
24,000
3,000
969,000
544,000
I
L——
•
$2,448,000 $146,398,000 $105,468,500
77,000
>.
4——■—
4
•
i
—
——
$3,186,000
on
tho New- York Stock Exchange
>
-
August
a
■:>>r'>;':
"A
August
August
August
August
"it
August
trials
roads
15
Utili¬
Total
65
ties
.
10
-
Indus¬
Stocks
V
10
$2,506,000 $157,019,000 $108,726,500
Second
10
Grade
Utili¬
trials
Rails
Rails
137.23
34.81
20.92
47.55
107.68
102.41:
34.77 '
20.91
47.50
107.76
102.45.
63.85
137.54
35.04
20.99
47.71
107.73
102.46.
63.78-
18—
138.45
35.11
21.00
47.95
107.76
102.39
ties
63.88
137.08
17—
19 J:
138.34
136.93
34.85
34.44
compiled by Dow, Jones & Co.:
;
First
Grade•
i4_;
16—
20—
as
-Bonds—
'a
20 >
Rail¬
20.97
20.83
1942
11,037,370
7
Domestic^
10
30
$210,000
•
;.•;
t
•
■
-Stocks-
Indus¬
Total
$206,000
Slock and Bond Averages
Date-
Deo
Jan
T—-
Foreign government
$2,394,413,925 '$1,337^53,400
'
>>>>
2%
■
$'
closing'averages of representative stocks and bonds listed
%
20
■
$> 82,819,500
-
v
Jan
69,155
r
"
Foreign
Shares)
>
•
Stocks—No. of shares—
'
!
Oct
12%
-
.
1943
•-
——
.
"7
i
$5?,550,300
81,926,600
.
'7
Jan
87
Bonds (Par Value)
(Number
65,337,392
>
$2,208,925
' '
$>>>>
.!i v.:.-
Jan
12
Ex-divldends.
{*2
t
,
■
.
1942
> 208,087,181 >
Vi ■>;
Below
Deo
Jun
•.{">'"
' >
Jan
145
•<*
•>; I
21%
112V2 Feb 15
No par
1
x
Sep
"> 17Ya
Bonds
.L
51
107% Jun
116V2July27
Jan 15
i
-Li—
Total
.
Aug. 20
>
Bonds
Government
80% July 29
ll7/e Apr
6
8
>16% Jan 20
Wednesday--.-^—-—
.
"8
••
1942
2,824,453
Foreign^.
Railroad b
>.
4
Jan 27
Jan
•
Week Ended Aug. 20,
•'">
1943
9
.
Monday™..——
5,245,000
.
'
'
Week Ended Aug. 20
,
100
Special sales,
Tuesday--
5/937,500
.
4
Saturdayj
•
7,016,000
... !
5,000 ,v>
'.
■
.7
$3,211,300
-'>$Y,ooo •''■•
'
.
;
Sales
,
*
■
>
'
2,824,453
-
Total
...
286,000
205,000
240,000
•
3% Sep
Stocks
Bonds
,
8% July 27
Transactions at the New York Curb Exchange
Government
$121,000
> 195,000
6,725,000
5,727,500
5,003,000
5,180,700
Jan
2
.
United States
Foreign
-
Dee
6%
14% July 14
Daily, Weekly and Yearly
$3,090,300
7,009,000
209,800
; ;
488,870
553,306-'"
>
560,191
>;
468,727
,'$> 543,559
j
Oct
BY®
28
0
No par
Exchange
'■.>>.:>
Railroad
and Miscel.
Bonds
Stocks,
Number of
Shares
2V«
No par
New Stock, s r Cash-sale. ».a
Deo
9Va Jun
Jan
23
Zonite Products Corp.,
Jan
2
No
Zenith Radio Corp
1,100
V 800
4
Jan
22 V®
2%
Jan
Youngstown Steel Door..—No
Jan
53
115
Young Spring & Wire
1,800
32%
4
;
Youngstown S & T
t5%% preferred series A
280
May
15% Apr
Apr
88
Preferred
800
40
3%
1 Va
46
Yellow Truck & Coach cl B
5,000
>;
>
July 30
5>/» NOV
6% July 19
No par'
(Del)
Jr
Apr 30
26
1% Aug
4% Apr
•>
10
Daily, Weekly and Yearly
>
Mondays
Tuesday..
32%
V
'v.'.
V® $13%
Deferred delivery.
Transactions at the New York Stock
I
.95
13
4'/a
AName changed to Sinclair Oil Corp.
reduced from 100 to 10 shares.
113%
36 V®
95
33%
4
139
35
>
13%
33
.
18,300
: 500
:> 13%
13%
*13'A
1,000
18%
139
95%
13%
28%
18 V*
140
36%
$ *4
no
140%
28%
,
95%
-
4'/a
•Bid and asked prices;
28%:
18 Va
13%
,
32%
4
28%
18 V®
36
■
j
14
> 28%
''17%'
.
135
135
136
'>■"' 28
(Wm)
86'
4»A Jan
57 V2 Jari
.
„
100
v
'
>
Yale & Towne Mfg. Co
'
*28
pfd
15
Jan 19
1% Apr
2
"8
10
l
Jan
8
2Ye Jan
No par
Co
,
2% Jan
_1
No par
Wright Aeronautical
I
68
>
6% preferred B
100
Prior pfd 4Y2 % series
100
Prior pfd-4V2% Conv series_.s.l00
...
»
.
5
Woodward Iron Co...
$100
^51%
.20
Jan
Woolworth (F W) Co
10
Worthlngton P & .M (Del)—No par
7% preferred A
100
v
120
>93
v
10®.
5,000
1,400
■
.$>•
*49%50%>
50%
50%
v
*67
93
*67 :>
68
v
*48% >50%
*51
53%
*116
*105
Wilson-Jones
600
21Y2
No par
i
Jan
Jan
-
10
Wisconsin El Pow 6%
19% V19%
134
-
1,400
39%$ 39%
120
"•
Wilson & Co Inc
$0 preferred
.
—
*20%
V
3%
2%
>40
x20%
6% conv preferred.
6,600
>
79'A
10% ^ 11%
20
*105
7%-
79
*
397/a
*115
-
-7% v
*117V2
19%
>
120
-
2,000
11
39%
20
134
54
*88
'-.V
> 12% >12%
*20% •21%
39%
*105
*51
>52
*88
8,300
79%
11
>
>13%
,>
il
preferred
Wilcox Oil dc.Gas Co.i—...
Willys-Overland Motors
•-
7%
8 •*•
*79
*116
*48% >50%
17%
51
;
39
•■19%
■>7%
^1
par
No
Prior
•
-4,700
--
V
Co—.—L-l
White Rock.Mln Spr Co
White Sewing Mach Corp
t$4 conv preferred
400
5% ^.'6%
-
-117%
>
__
120
*105
28%
17%
68 %
•
•
'
12%
7%
21%
*20%
39%
20%
>7%
134
*116
-
120 > .;•'
*48
-
:
7%
12%
11%
*117%
20%
39%
20-.-
•
v'*67%>72 •'"'
*24" a25%
5%
•'
.•
79
11%
11
*20% V 21%
21
<
39
•20
'
;
11
'117%
*5%
•;
7% •>
79
79
79
79%
*10%
7%
8
•7%
••>
*117%
38%
20
>:7%
13% >
7%
*20JA
*19%
>
5%
White Motor
6,200
2,300
t
25
'
'
8.500
9%
72"•;
*24
*5%
.7%
12%
•
*67 %:
25
>
$
8%
>>5->>5%
5%
(
72
5%
'
7%
5%
*67%
'5%
21%':' 21%
•9%
*24
24%
24%"-
5%'-;.
'
•117%
'
-
>
22%
«
8%-
•
5Ve
5%
24% •:>
v-'.5%
5%
72
.
21%
)v>
9% y 9%
5%
*67%
22%
22%
9%
15%
%
72
24%
•••'-
79% >
47.83
47.35
'
'
107.73
102.31:
107.Q9
102.16.
Total
40
*
111.53
111.36'
'
Bonds
86.38
96.35
111.39
96.34
63.8-1
111.16
96.28
63.78
.111.10
63.56
111.09'
96.23
96,13
" :
748
IV-'
'
THE COMMERCIAL & FINANCIAL CHRONICLE
I
Bond^Record
•*'
r
•'
♦
the
Interest"—except for
"and
are
The italic letters in the column
BONDS
New York
•
YEARLY
-
iV>.-
3%s
3'As
3'As—
Treasury 3'/aS—
Treasury 3'/aS
Treasury 3s
Treasury
Tret t iry
Trea I try
„_1_1946-1949
—1949-1952
—1946-1948
1951-1955
1955-1960
—
1945-1947
1948-1951
—1951-1954
3s
Treasury
2%s
23As—
23As
23As
23As
23As
2%s
2%s
2'As
2'As
2'As
2'As
2'As
2'As
2'As
2'As
Treasury
2'As
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
;
1956-1959
1958-1963
1960-1965
1945
—1948
1949-1953
1950-1952
1952-1954
1956-1958
1962-1907
1963-1908
1964-1969
__1967-1972
1951-1953
1952-1955
1954-1956
1947
Mar 15 1948-1950
Dec 15 1948-1950
Jun 15 1949-1951
Sept 15 1949-1951
Dec. 15, 1949-1951
2'As
2'As
2'As
Treasury
Treasury
Treasury
Treasury 2s
Treasury
2s
Treasury
2s
Treasury 2s
2s
Treasury
Treasury 2s
-
March 1950-1952
Sept 1950-1952
Treasury 2s
Treasury
2s
Treasury
2s
Treasury
2s
—1951-1955
__1953-1955
June 15 1948
Treasury l3As
Federal Farm Mortgage
1944-1964
__1944-1949
3s
1944-1952
1945-1947
series M
York
New
NO.
113.4
Chile
el04.13 el04.13el04.13
*107.16 107.18
104.20
106.3
100.17 100.17
12
a
114.1
1
113.4
•
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A-0
S
100.17
101.31
106.30
f ?•;
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110.27 110.27
110.13
110.27
v
i
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*105.30 106 ; t,
105.28
106
110.6
111.28
109.9
112.23
106.9
*106.7
■
__
110.27
J-D
—
M-S
el01.22 elll.22elll.22
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ell2.1
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101
100.6
100.6
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101.25
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101.7
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J-D
101.3
100.15
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M
103.16
103.10
100.9
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I
;
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Jan
f
s
$ bonds
;
194
1952
25-year gold 4%s
ii
a Costa
1953
Rica
(Rep of) 7s
Cuba (Republic of) 5s of 1904_
1951
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1949
External
1949
;
loan
4'As
external
1944
debt
I
Sinking fund 5%s
a
Public
wks
5'As
A Czechoslovakia
(Rep of) 8s
ASinking fund 8s series B
.
ser
__1952
SADenmark 20-year extl 6s__
:
External
gold
1942
5'As
__1955
>External gold 4%s
1962
IA Dominican Rep Cust Ad 5'As
series 5'As of 1926
§A2d
series
sink
fund
,"v
102.28
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1940
5'As
1961
series
1969
1969
(Republic of)
7s
A-O
,
1967
(Republic) extl 6s-__
French Republic 7s
7s
100.10 100.10
A-O
1940
5'As 2d series
Finland
302.27
102.2
.r
1942
V I § Alst
City
1
stamped
Greek Government*-
Transit Unification Issue—
A7s
1
part
A6s
103'A 109%
37
107% 108
107%
1980
Corporate Stock
part
pa
Haiti
(Republic) s f 6s series A
Helsingfors (City) extl 6%s
We maintain
an
1960
Irish Free State extl
1960
active interest in
A
Mendoza
South American
Mexican
:
and other
\
:
,
*
(Colombia)
7s
1957
6'As
1954
(Prov) 4s readjusted
1954
Irrigation—
A4'As
<
1952
f 5s
s
Jugoslavia 1 State Mtge Bk)
AMedellin
1
stamped assented
AMexico
„1943
extl 5s of 1899 £
(US)
1945
AAssenting 5s of 1899
AAssenting 4s of 1910
WERTHEIM & CO.
Member» New
\120
2-2300
REctor
1
J-J
1933
J-J
MInas Geraes
(State)
ASec external
York Stock Exchange
Teletype
NY
New York
Broadway,
1954
1945
§ATreasury 6s of 1913 assent
Telephone
1945
AAssenting 4s of 1904
;
Foreign Securities
v
f 6
s
ASec external s f 6
A Montevideo
;
1-1693
fc•
A6s
(City)
A
series
New South Wales
External
Govt,
Foreiga
Municipal
ft
sink fund
AGtd
AGtd sink fund 6s
Akershus
(King of Norway)
4s
a-o
m-s
1945
AExternal s f 7s series B
1945
1945
j-j
A External
s
AExternal
s
AExternal
s
f 7s
1945
f 7s series D
.''-'j
■
;
19
/ivvv'v
19%
19%-,
AExternal
A Antwerp
sec
s
(City) external 5s
1958
(National Government)—
Argentine
'
j-d v-;:>>
1948
S f extl conv loan 4s
1972
—
a-o
S t
conv
4'As—
loan
4'As
External
of
5s
External g
f-a
4%s of 1928
Belgium external 6%s
94%
m-s
94%
93
94%
3-2
m-n
v-I, 89%.
v 88%
89%
m-s
*98
99%
s
f 6a
1955
f 7s
1955
j-d
1957
a-0
1957
a-o
AExternal
A7s
f 6%s of 1927
s
(City)
s
1952
Sinking fund gold 5s
Sinking fund
Buenos Aires
A6s
gold 6s
s
ioo
99%
53
34
f-a
V 41%
m-s
41%
/.
42%
*94
34 .%'•
34%
*
v
'
•
92'A
97
*95
M-S
M-S
77
77
68%
F-A
77 '/a
77
69'A
A-O
79'A
79
70
M-N
80
787A
1984
*55
v
,
A4%s assented
APorto Alegre (City of)
AExternal loan 7'As
J-J
J-J
107%
1067/s 107%
A Extl
Rio Grande do Sul (State of)—
A 8s extl loan of
(City of Brazil) 8s
A6'As extl secured s f
A 6s
extl dollar loan
107%
100%
J-J
103% 103%
1953
J-J
105
% 105 %
101'A
105%
1958
J-J
*104
104%
100%
105%
J-J
103'A
103'A 104
97%
104%
M-N
104
104
97 %
104%
101'A 103%
»
AExternal
A6s
A Extl
A6s
A Extl
s
f 7s
sinking fund 6s
sinking
M-N
M-N
1060
assented
4:;*•
s
f 6s
assented
For
footnotes
f-
5 A Secured
secured
A7s
series B
A Silesia
1901
F-A
1901
J-J
1961
J-J
see
page
20%
19"%
'
20%
22
19%
20
20
— -
10
21%
21%
2
19%
-20%
19
Sep
1901
M-S
1961
y-s
19%
752.
19%
1968
extl
1962
extl Is
1958
1958
sec
(Prov of)
A4%s assented
(City) s f 5%s
(Republic) extl 8s
26
25%
3%s-4-4'As
1
25%
External
26
External
18%
25%
20
26%
3%-4V8-4& extl conv
4-4%-4%s extl readjustment
18%
25%
3'As extl readjustment
18%
25%
F-A
16
16%
16%
»__
14
*__
14
93
M-N
M-N
readjustmentconversion
1979
M-N
66
M-N
66%
1978
J-D
63%
(City)
A4%s assented
:
1978
1984
1958
F-A
J-J
F-A
external 7s
1958
F-A
11'A
13%
85
94%
87
78
88
85'/a
88
69%
64
66%
61%
72%
67%
64%
60
68
72
*86
*87
XX
84
94%
*88
—
($ bonds of 1937) —
18%
20%
A Warsaw
J-D
J-D
F-A
-1979
AExternal sink fund 6s
26%
1955
1948
,
M-N
M-N
1960
1964
AExternal Blnk fund 6s
18%
25%
A-0
(Kingdom)—
1962
?0%
20%
*20%
J-J
J-J
M-S
J-J
1940
f 7s
20%
23
J-D
M
,
1930
external
A 8s
AUruguay
mm mm
26%
19%
s
1967
1964
1952
1957
1950
1956
8s
'
rnmmm
20%
*20%
■■
Sep
sinking fund 6s
A 6s
F-A
Jan
19%
•
•
19%
It
1961
25
—
~mm
A-O
A-0
Feb
Jan
assented
*18
*
Feb
6s
.
—-
I960
fund
assented
ARy external
A 6s
1942
1942
External
assented
J-J
(State)
Serbs Croats & Slovenes
Sydney
•
1954
8s
municipal loan
ASao Paulo
extl water loan
15
15
1968
1966
Santa Fe external sink fund 4s
IA San Paulo
1 A-0
J-D
1948
external loan of 1926
A 7s
15
Jan
A7s
1
gold
1921_1
A6s external sink fund
A 7s
A8s external
99 31
1947
1948
1953
'
60%
Jan
(Rep)
6'As
101'A
Jan
^7s
sec
111%
101%
104
1966
Queensland (State) extl 6s
A Rio de Janeiro (City of)
8s
48'A
2'As
AChile
8s
APrague (City of Greater) 7'As—1952
107%
60.
110% 111'A
111
A-0
3s
3s
(City)
f
gold
v
78%
77%
•79 'A
71% *80
80
F-A
1961
3s
A Carlsbad
s
A4%s
AExternal sink fund
9931
J-J
1943
——————————————
Stabilization loan
,
1944
1967
1968
1948
3s
f 6s 1st
'
>95
87
s
A4'As assented
A
'
94
83
1
97
97
1947
1959
external 7s
;I ANat Loan extl s f 6s
lAPoland (Rep of) gold
95%
94%
-
^
j-d
1960
30-yr 4s
2%s
25-year 3'As
7-year 2'As
30-year
-
<
51 y«
87
:■ '
'■
1975
f 4'A-43As
10-year
30-year
:
51%
7
,
xaoj
(State of) 7s
(Rep of)
ANat loan extl
50%
1970
1970
4%-4%«
(Dom of)
A Peru
100
36%
1977
f 4'A-4 %s
s
external s t $ bonds
3%
Canada
91
1961
External readj
APernambuco
94%
23
42%:
set
1967
.
External s t 4%-4%s
External
94%
96%
(Rep) extl s f 5s
Stamped assented 5s
1994
85%
85%
36 .XX
42%
a
J Stamp mod 3 Vis ext to
93%
96%
'
V.36
1970
(City) sink fund 4
A Panama
v
101%
97
.
f 5s
s
Ext sec ref 3'As series
(Province of)—
stamped
Refunding
41%
,
r;'.
j-d
1958
1950
f 5s
■wV> x
44%
41%
41%
23%
79
...
44%
44%
23%
83%
-
120
*98
'
;.:,v
I. ;'
.
Municipal Bank extl
Oslo
1963
fund extl loan
23%
58
4s sink
"•
1957
(Central Ry)_
Brisbane
.
*98
j-d
1941
;
j-j
s
24
78%
16
External
15%
79
44
External
24
82
14
■
84
93%
-
84%
v
: 60
85
84
'
JABrazil (U S of) external 8s
AExternal s f 6%s of 1926
1965
24
96%
2 ;-.:f
1949
1927
1956
4%s
15%
16
91
85%
84
1
1
j-j
4%s
fund
16
.■1
—
94%
5s of '25-1055
1957
fund
sink
16
.
2
60
7
>
6
1956
Apr_
(Commonw'lth)
Australia
J'
90%
•
sink
42%
13
is
99% 100
m-n
S f extl conv loan 4s Feb
*42
•
m-n
1971
1972
S f external
19
s
19
19
18%
19%
18%
a-0
■
7, :4s
19'A
19
a-0
f 7s 3rd series__1957
External
24
16
1
19%
a-0
54%
15%
3
19%
'
19%
_
1957
series
6s
15%
•V/i',0:v
19
j-j
1957
1st
AExternal sec s f 7s 2d series
External
46
Vv';;v
.55
*62
'
";-V
.
44
1
54%
*52
'
"v
•'
j-j
f 7s series C
>•}'■ "
j-j
(Dept) coll 7s A
AAntioquia
1958
5s
External
54%
F-A
1968
:
f
s
Norway external 6s
1947
1948
6s
(State)—
f 53
s
External
(Colombia)—
Agricultural Mtge Bank
23%
24%
i960
1928____
AEstonia
*101.11101.13
__
Of
5'As
A-
24%
M-N
:
1902
1948
101.12
102.7
A*
*101.22101.24
M-N
1962
-
"Customs Admin 5%s 2d series
*101.26101.28
^
,
.
_
*101.16 101.18
__
M-N
24%
A-O
iy47
100.29
101.10101.10
J-D
sink fund 6s
Mtge Bank 6%s
100.30
100.12
105.9
*105.7
J-D
3»-8
100.9
*100.15 100.17
__
24%
/ASinking fund 7s of 1926
ASinking fund 7s of 1927
Copenhagen (City) 5s
100.23
100.23
100.16 100.19
100.19
M-S
J-D
6s
A Colombia
101.1
*100.25 100.27
24%
1961
1961
Cons Munic
3s external
100.23
*101.10 101.12
25
24%
19%
(Republic of)—
100.28
*101.5
__
%
1951
104.20
104.20
*104.21 104.23
__
J-J
'
25%
M-N
7%
(Hukuang Ry) 5s
loTT 10~2~7~
102.6
*102.4
7:f
26
25%
i960
4'As
*104.10 104.12
__
M-S
T
7s___
102.13
106.23
102.3
*102,1
—
Range Since
January 1
20
1957
VC; A6s of 1927
105.7,
J-D
Sold
V; M-N
A Chinese
,
100.15
J-J
Bonds
A-0
1963
tV; a 7s assented
101.4
J-D
Friday's
A-O
t
1963
assented
A Chilean
100.21
100.6
,
J-D
a 6s
104
100.22
;
J-D
A Guaranteed
104.20
103.24
*104.8
{ *100.20
M-S
V
1962
A 6s assented
;
107.23
106.20
,*107.14 107.16
*104.8
104.10
__
1962
A Guaranteed sink fund 6s
,
V
A
*106.26 106.28
M-S
or
High
fund 6s
Colombia
107.6
Week's Range
' ASinking fund 6%s
I;
A6%s assented
111.24
106
Last ;
112.20
107.6
-
„
: ; ;
V
M-S
108.21
Friday
Sale Price Bid & Asked
;
104.5
,*107.4
J-D
111.26
108.15
108.26
112.1
-
A6'As assented:
j -
109.11
*111.26 111.28
__
112.1
J-D *
■
Period
;
A Chile Mortgage Bank 0%s
,
104.26
108.10
.
,
....
Interest
.
(Continued)—
(Rep)
External sinking
Abs assented
107.10
*111.27 111.29
M-S
J-D
<
104.1
107.6
.
*107.13 107.15
*109.22 109.24
__
-
A6s assented
103.3
10b.6
*101.25 101.27
__
.■/V I
■!
Exchange
AExternal sinking fund 6s
V:..
101.28
el01.23
,
A-O
Stock
Week Ended Aug. 20
High
Low
2
Owners' Loan Corp—
3s series A
New York
Range Since
January 1
Sold
High
113.4
1-0
Corp—
3%s
Asked
Low
v• ,BONDS
V
Bonds
Friday's
or
Sale Price Bid &
Period
1947-1053
1944-1954
_____1946-1950
-—1943-1945
—1944-1946
Treasury 4s
Treasury
Last
Interest
Government
S.
U.
Treasury 4%s
3%
•
Week's Range
Friday
V.; }:
■
Exchange
Stock
headed "Interest
Week Ended Aug. 20
l%s
-V.'
Income and defaulted bonds.
week, and when outside of the regular weekly range are shown in a footnote
Prices
NOTICE
Home
WEEKLY
-
•• •' ' ••
V:'
V-.
- ':v. Pi
'-vv'-'i
Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions of
in the week in which they occur* No account is taken of such sales in computing the range for the year. ' ;>
Period" indicate in each case the month when the bonds mature.
■
V '
•
V V V
1 /,
Vt
V-.... •.'v •"
Monday, August 23, 1943
New York Stock Exchange
«ir
FRIDAY
'
■
■■{
*69%
71
66
*51
64%
52%
*10%
—
*10%
66
12
10%
13
10%
13%
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
749
NEW YORK BOND RECORD
Friday
BONDS
New
York
Stock
Exchange
Last
«."A-Interest
Period
5.
Week Ended Aug. 20
,>
Week's Range
or Friday's
BONDS
,
Bonds
Sale Price Bid & Asked
New York
Range Since
Sold
~
Stock
Friday
Exchange
Interest
Week Ended Aug. 20
January 1
Period
■
Week's Range
Last
or
Friday's
Bonds
Sale Price Bid & Asked
Range Since
January 1
Sold
•
•
Low
Railroad
and Industrial
High
Vo.
Low
High
Low
Companies
tSACarolina Central 1st gtd 4s
§ A5s
A
series
AStamped
1953
1953
1948
Coll trust 4s of
tr gold 4s
1907
,
10-year deb 4%s stamped
Ala
Gt
1st
Southern
1st
1st
3"As
ser
A
1st
mtge
with
103%
F-A
103 Va
106
102
*67%
—1948
A-O
102
68 (A
registered
1946
101'/a
110
62
72
105'A
108
70
ARef &
1
68 (A
100
100
.62
2
'
AChatt
69%
94%
A5s
70
64
4"/2S
Allis-Chalmers Mfg
conv
deb
Foreign Pow
Chem
87
90
60
86%
87%
50
*65
A-0
F-A
M-5
M-S
•
1949
67
,
99
,107
,104%
107
91'A
107%
90%
60%
62
Y
102
2
1;
90%
1st
Corp
J-J
.16
109 %
107:
6u */a
3s
1966
___•
debentures
Tobacco Co
A-0
1
J
Anglo-Chilean Nitrate deb_—.,.i,1967\ i;
Ann Arbor 1st gold 4s____/_,_^_Jil995 v
Ark & Memphis Ry Edge & Term. 5s 1964
Co
sink
1st
fund -4s
income
7s
.Li-,—1955
(Del) 4s B_.
Jan
Q-J
M-rS
F-A.
*
(Del >_ 19 57
series- C
>•
.
V
103'A
106
72,
67%
107'/a
67%
7
Central
Y
.
*102%
.
Ref
'
1
' 102%
103%
.V.-7 -1
;
General
& Santa Fe—
4s
107 Va
108%
109 %
Stamped
Conv
111%
120%
Conv
.
gold 4s of
Cal-Ariz
Atl
Knox
A L
A
1944
4"/2s
coll gold
N
Atl Gulf &
W I SS coll
Atlantic Refining
20
37%
112
112
Power 3%s
gold
&
1
110%
.108
104
104
111%
114%
84%
11
71
85%
26%.,30%
120
18%
40%
92
,16%
38%
1
V116%
26%
J-J
X
26
v
26
,
....
J ..27'A
.
A-O
1954
*22'A
4" 107%
F-A
.\v 96%
26
.
1".,
96%
66
12
83
186
68
N-'.
67
M-N
82
2
102%
1942
Af-N
1948
Af-S
1992
M-S
5'As A
10
68
101% 101%
30
92%
101%
"137% 137%
101%
gold
4'As
1996
52
67%
F-A
1946
32
130%
137%
107'A
11
102%
108%
8
J-J
107
V'
107%
102
125
36'A
36'A
73'A
74%
1st Cons
gold 4s_
1989
*120%
J-J
*
__„1989
J-J
118%
22%
31%
100%
100%
96%
103
97%
100% 100%
115%
92%
201
15%
93%
23%
121
115 %
—
♦114% 119%
A-O
101%
42
22%
-
'•
'
1949
;
J-J
100%
->
J-J
102%
32%
3
29%
105
105
6
M-S
106% 107
20
100'A
100%
102
102%
registered
»„
1949
101%
4s
25
1958
Af-S
98%
98%
99
84
81
99%
1977
F-A
80%
80%
82%
64
65
84 (A
1971
F-A
91%
91'A
92
41
73%
92%
42%
43'/a
/■*
ref
&
series
5s
A
mtge
inc
>
1997
J-J
43'/a
1982
(conv>__;
Af-N
--
75
1947
J-J
&
gen
5s
1966
1st
&
gen
6s series B
41%
A
/
May 1966
Chicago Ind & Sou 50-year 4s
Jmmm-
J-J
1956
76
48%
51%
31%
50
29%
47'/a
"
■
10'/a
10%
♦10-.
10%
33
•
6%,
93
60
61%
58%
58%
62%
64
14C
62%
64
75
15%
6%
C
92%
%:■
"
66
31%
20
44
*38
■
«*-*
J-J
48
38%
5
42 Va
Af-N
series A
124%
1C
47
42 Va
J-J
1947
A 1st
47%
118
46
76
—T
.
32
—
41%
■
j~j
118
—
42'/a
J-J
ARefunding 4s series C
107
♦124
75%
J-J
ARefunding gold 5s series B
•
105
104
i
*„
______1949
Chicago Gt West 1st 4s series A
1988
A Gen inc mtge 4'As
2038
JAChic Ind & Louisville ref 6s A__1947
40
J-J
1953
4s
Chicago & Erie 1st gold 5s
45%
•
r
1949
Division
General
88
13
.
63
45
67
83
40
.<108%
'
registered
A Gen
93%
65'A
72%
107% 107%
M-N
1996
Chicago & Eastern 111 RR—
104%
92
39'A
71%
1st
103%
103
91
82
.
J-J
£
1959
102'A
103
'•/
98%
92%
'
no
J-J
:
/
112%
109%
91
-
71%
67
68
111
55%.
;
66
34
107%
101
97%
*93%
F-A
20
.
107% 107%
A-O
..I960
Illinois division 3'As
:
110
M-S
36
'
.1962
5s
28%
.
Banking—
Prod
A Div
4s
114%
111
J-J
l
112%
84%
,1987
2d consol gold 4s
;
3'As
'
110
J-D
tr 5s
32
27%
impt mtge 3'As D
Illinois
111
110
J-J
deb 3s
53
1st & ref 4'As series B
111
105
♦107
1964
___Oct
105 '/a
6
19%
35
'
107%
♦102 J J
1952
1948
1948
A
4s
95'A
i
19%
49%
Chicago Burlington & Quincy RR—
107
J-D
July 1952
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
96%
Vlll'A
♦114
M-3
.—1944
4s
cons
unified
General
&
1st
\
1962
8'
[i 111
♦104.
J-J
—1946
1st 4'/aS
30-year 5s series B__
Atlantic Coast
L
A
5s
1st gold
Nor
&
Atl & Charl
1st
ref 4"/as
1st &
J-D
1,
106%
111
1958
4s
1st
107
♦111
——I960
1910
Trans-Con Short L
'
106
3-D
<
1955
-
106%
/V J-D
,1955
1909
of 1905
'■'J-107
M-N
110
119'A 120
Nov
,___1995
gold 4s of
Conv 4s
6%
1
119%
A O
—1995,
4s
74
84%
V.
•>:/
y.—1995
Adjustment gold 4s
14%
32
A-O
fAChicago & Alton RR ref 3s__;„_1949
s
Atchison Topeka
RR
&
R &
•
■
106%
7-103%
66
6%
»
,
<
108% 109'A /
50
23%
-12
J-J
Ref & impt M 3'As series E
Potts Creek Br 1st 4s_„...
v.
71
102
31
105 % 105%
109'A
61
V
'.
,
105% 105 (A
;
*
90
69
15%
13'
14%
1987
stamped
General
,
51'A ' 74
5
57%
68%
Chesapeake & Ohio Ry—
117'A
105
:"98*A 1U6%
61
30%
19
83%
110%
107
7
15
i' v,
71
J-.I
-
'
'
■
53%
102%
14%
110%
100%
202
ry 49
60%
10t> %
98
J-J
1987
Guaranteed
,
'
____1978 '>v-;A-0/'
debentures
0
•v/v:72
104%
*-106" T06%
106'A
107%
7
V.
114% 115
104
*
1
V«-
1987
Through Short L 1st gtd 4s
-r
107%
109% 109%
<
,104'A
M-N
A
<
;
114%
M-S
———1962
3s
48
37%- 37%
J-J
Central Pacific 1st ref gtd gold 4s_1949
104
31
( "
106%
102%
1961
4s1 registered
91%
19
109% 110
-
3-D
.
,_—__1956 -!'
;
deb
Am Wat Wks & Elec 6s series A—-1975
Armour &
,1966
4s
Certain-teed
1961
,,
debentures,
conv
Light 3'As
Central N
11
107'A
37%
J-D
1946
110.»
105%
"-'78%
104-% 104%
107
A-0
,,1949
Vis
conv .5
debentures
3'As
gold 5s
106
166
:
91%//,
101
83
M-N
gold 4s__1951
registered
AGeneral
5s
Amer
♦51%
F-A
' A-O
Illinois
5s
American Telephone & Telegraph Co.—"
3"/<s
J-D
1945
1959
101
40
104% 104%
>■; A-O
Div
•
Am Internat
1948
5s" series C
110%
56%
101
New Eng 1st gtd 4s
JACentral of N J gen gold 5s
931/4
53%
,
;V-
105% 105%
/v
M-N
4s-,__,,_1952
,_2030
5s
5 %'s
conv
89
87 3A
1998
debs
Am
A-0
A-0
.,1951
1st gtd 4s
& West
Amer I G
97
1950
Allied Stores Corp
&
95%
1950
income.,
Alleghany
J-D
tACent
modified
5s
___1947
1959
107%
99
Central
96'A
J-D
___1949
modified
♦49%
104%
High
105
17
*105% 106%
F-A
1945
Low
.
62
109 (A 109%
J-J
Nov
Div pur money
AMobile
•
f—4 O O
93'/a
"
'
109%
'/a
1962
5'As series B
gen
ARef & gen
Alleghany Corp—
5s
.,1931
^Central of Georgia Ry—
A 1st mtge 5s
§ A Consol gold 5s
'
A-0
A-O
w
Corp 3'As debs
No.
♦101% 102'A
'
5
A-0
w
gtd gold 4s
Celotex Corp deb 4'As w w
ACent Branch U P 1st gold 4s
v'fl
1948
Corp 5s
1st
102%
4
109% 109%
:,y
J-J
Adir
Celanese
'101 'A
105% 105 %
105 %
M-N
1967
3 V^s——1972
M-N
&
104%
; 102
103% 103 (A
*11
1950
Carriers & Gen
Cart
Ohio 4s
&
102
1
3-D
Albany & Susquehanna RR 3'As_._l946
3'/2s
'/.<•
M-S
71%
48'A
■
J-J
1965
Clinch
76%
64%
—
■
103% 103%
3-D
assented
warrants
102%
1943
Albany Perfor Wrap Pap 6s,-t,
6s
J-D
1946
B
Power
mtge
Alabama
*64'/a
5s—1943
A
cons
4s series
cons
J-D
J-D
Af-S
1947
unstamped
«.
Adams Express coll
1949
Carolina
fAbitibi Power & Paper—
High
15%
56
66%
93
263
43%
67%
JChicago Milwaukee & St Paul—
AGen
Baltimore
-1st
Ohio
&
RR—
';
gold 4s
July 1948
Stamped modified bonds—
.
"c '
1st mtge gold
(int at 4% to
:
•
mtge
1
Oct
due
1946)
Ref &
Ref &
due
.
>
<
:
'
-
.
40
265
32%
44
83
35%
39
43'A
43'/a
77%
§2%
yy
57
39
39
40
39
39 *
39%
29%
29
%
62%
62'A
"56'A
52%
F-A
Beech
Bell
M-N
54
J-J
J-D
A-0
J-J
66
3%s_—1951
1948
-
,
1—1960
Beneficial Indus Loan 2"As—_—1950
2%s debentures,
.'
—1956
Beth Steel 3 Vis conv debs
1952
1959
—1960
1965
mtge 3s
Consol
mtge 3 (As series H
series G
1st
M
Maine 1st 5s A C
5s
series
II
•—1967
—-—1955
1947
Debenture
—-—1950
gold 5s
Buffalo
2%
to-1946)
37%
AGen
5s
51%
70
346
40%
62,
46
61%
'Z
3
-
54'A
105%
Term
.
12
60
75
45%
„_1936
&
ref
gold 5s_,
ref
&
ref
4'As stpd
4'As C
May 1 2037
,__May 1 2037
4%s series A.,,.
1949
18 7.
:V
101%
104'A
13
128%' 132%
27
98%
103%
11
105% 105'A
AConv
105%
103%
105%
6
100%
102%
87
102'A
105'A
92
92%
♦100
100%
Gold
•
103%"
.
>
"/
-
HV-
102% 103
:
92%
92%
2
80 -:
85%,
17
48
49'A
47'
40»A
41
90
84%
84%
48
:
<y
110%
'
♦100%
105
105
-
V 94%
96
A-0
4s—
1966
-A
1962
-
104'A
.99
/
109
7
f
t
111
32
59
1
232
58'/a
135
33%
64%
57
20
35%
59%
717/B
55
39%
78
43%
33%
59%
34
63
13
23'/a
43%
18
22%
49%
43 %
15
23
49%
127/a;:
56
51
53%
7
•-
;
'
439
•
4
-
48%
15
43%
42%
L65."
44'A
3
50%
♦16
1
18'
86
* *
71
71
-• 71
83'A
83'
-1
:
.
711
.
86 ;
:5'.
'
: 58
6
'-'77
.
•
•
109-
A-0
95%
A-0
109
lv
20 s'
95%
108%
79
>
-
57%
34%
462
19
«
182
20%
9%
215
4%
90%
2
79'A
'
31%
33%
35
68'/a
68
70
90%
67
"2
40
13%
70
75
53%
71
70
10
62 %
74
54%
.
16
49
62
'
53
59
—
J-J
J-J
107%, 110%
23
100
47/
94%
104%
>•103
y?::
22
97
104
104%
105%
,105%
\ '
90%
96
60
41
61%
65 ri-
34
38;
51
61%,.
51
10
28%
55%
108%
111'A
110%
112
*110% 110%
F-A
.♦111%
J-D
A2-N
F-A
1969
—
97
.;
65
109% 109%
r
108%
110%
112% 112%
109%
112%
Ry—
.,1991
71
-im-m
89%
85%
86'A
,.*91%
J-D
*
90%
46%
61
J-J
/
55% v
55%
56%
210
J-J
^^1977
1st 4s__^
:*84%
J-D j
—..1993
1—1993
;
54%
54'/a
54%
3
46
80%" 81%
11
65
108% 108%
5
1990
M-N
1970
Coll tr gold 4s
1st
?
Af-N
..1952
23
104 %
104
104
A-O
A-O
1966
gold 4s
Wab Si M Div
104
\
^
3'As
104
110% 110'A
110%
M-S
—1962
gtd 3%s series E
L Div
68%
53
J-J
1952
Cleveland Elec Ilium 3s
J-J
.
'.
58%
83%
106%
109%
105
108
108
108
105
105 %
22%
88%
,81
'6
83'A
& Elec
5s series B
Cin
23%
10.7 7711%
16%
M-S
58%
*72%
/
J-D
.
■
,-,-1943
General
St
16%
J-D
1951
Ref & impt 4(As series E
331/4
60%
33%
90%
J-D
:—^_^._1957 >:'
Chic & St Louis
Cleve Cin
46%
351
8%
9 %
:—1963
5s
Gas
1st mtge
21
29%
29%
series F_„_,.,___1963
General
Cleveland
74
&
Pittsburgh RR—
gtd
Series
88
C
3'As
Series
•
109%
96
D
3'As. gtd
&
ref 4%s series
Union
Line
1981
B
1st gtd 4%s_
Term
gtd 5%s
s
f
1st
'
1977
5s series B
s
118'A 118%
8
111%
107% 108'A
13
107%
109
A-0
118
118
118%
13'
113%
118%
-
F-A
118'A
118
118 %
7
113%
118%
*106
A-O
A-O
A-O
•
,,1977'
96
96
97
30
71
90
90
92%
21
75%
93%
79%
79%
81%
55
64%
86%
A-0
1961.
;__._.,_1973
Coal River Ry 1st gtd 4s,_
,
*107%
J-J
'
—
--
—
71'/a
71%
72'%
115
59%
78
103%
104
'103%
* J-D
1945
1970
v
89
A-O
89
"l
80
45
46'A
54
24%
45
45
99
93%
118%
107 7/s'
F-A
*
1972
f 4%s series C
gtd
*107%
M-N
F-A
1948
,,,1950
...
Colo Fuel & Iron 5s inc mtge
118 3A
1969
;_1970
1955
,,,1956
'
Northern Ry deb 6'As
-
J-J
-
1944
1954
I960
752.
F-A
-118
-
113%
87
103 »A
J-D
-
•
113% 114
87
87%
■
104%;
J-J
100
103% 103'A
-
1
113%
111%
118
110%
114
> f A Colo & South
ACertificates
Columbia
119%
3
13
20
29
♦lOOa'a 102%
M-S
J-J
119'A 119'A
117% 1-18--
113% 113%,
J-J
1946
1946
4'As
-
M-S
perpetual
ctfs
'
J-D
-
1951
«
5
56%
55%
51%
33%
mtge 3%s__
1967
Cin Union Term 1st gtd 3'As D—1971
115%
J-J
Oct
page
55%
60
1.1%
n%
Af-N
J-D
1st
104%
.
110%
J-J
4'As
see
60
61
43
M-S
Dec 1 I960
deb 5s
Co
Cincinnati
96
"83 (A
5
—
mtge 3%s
Debenture
107%
-
4%s
footnotes
32%
30%
33%
Station—,*
Union
;
105%
•
gold
For
28
117
43
A-O
1st 5s—1960
mtge 3%s series E__
Childs
*
103%
7 6
110'A
'46
111
J-J
.
—1957
gold
trust
16%
58'/a
43%
1951
1st & ref 4%s series D
:•/
/ t>,
/jfj.
•,/ ' '' 0;-
,/
58
July 1969
Guaranteed
Collateral
4%
56%
1951
t A Choctaw Ok & Gulf cons 5s
33
104'A 104%.
86%
23%
17
111% 111%'
•
A
A-0
'
1960
gold 4"/2s
5s equipment trust
Coll trust gold 5s
44 Va
550
57
1960
Chic & West Indiana com 4s
A
"6
105
107% 107%
96
-V.
1st
■; 1st
91
108%
'
-3
■
•
39%
15'/-
110'A 110%
Chicago
100'A
1; 73%
90
90
Af-N
1934
Guaranteed
Canadian
18%
69
1 69%
1952
Income guaranteed 5s
ACertificates of deposit
.7 78
13
'
gtd 5s A
Can Pac Ry 4%
deb stk
Coll trust 4'As.
1
665
14'A
55%
1934
Memphis Div 1st gold 4s
,
5s
Guaranteed gold 5s___.
Guaranteed gold 4%s
69%
38%
35
gold 4'As
; 1st
5s
69'A
45'A
56%
F-A
1988
3'As
Gen
Guaranteed gold
Guaranteed gold
69%
38
deposit
Chic T H & Southeastern
V
Cleve
cons
:
J-D
J-D
J-D
M-N
1927
§ARefunding gold 4s
■/S'-S A Secured 4'As series A
Cleve Short
National
64
45
-
stpd
5s
Chicago St L & New Orleans 5s
102'A 102'A
105'A
of
ACertificates
101
'
1st
JAChic R I & Pac Ry gen 4s
100'A
4
"
25%
7
99%
i;-.-
Railways
part paid
General 4'As series A
Canadian
Af-N
..
May 1 2037
&
96%
a
,—1957
Bldgs 5s gtd—/
Canada Southern
40%
44%
57 Va
56%
M-N
M-N
1987
1987
6%s
tSAChicago
45%
82%
99
105
-J-D
California-Oregon Power
'
tt
58%
M-N
M-N
M-N
1987
A 1st
'
75
105
series C—1967
;
59 3A
17
'
92%
,.
J-D
deposit————
Bush Terminal 1st 4s
;—
1952
A-O
Consolidated 5s
—1955
J-J
Bush
1987
Fed inc tax
inc tax
p
stpd Fed inc tax
jASecured
M-N
M-N
1987
4s registered
AConv
102'A
of
A Certificates
.
M-N
A 1st
105'A
104%
tBurlington Cedar Rap & Nor
§ A 1st & coll 5s
57
24%
66'A
105.
111 %
due
55%
55%
-
1987
1987
4s
53
(interest "at n?.;
modified
55
56
_
1987
3'As registered
357
100'A 101 "
F-A
Buffalo Rochester & Pgh Ry—
Stamped
13,
4%s stpd Fed
♦100% 100'A
Af-N
4Vis B,.:—
Niag Eleo 3Vis
13'/a
AGen
130% 131 "
1981
—,1957
1st lien & ref 5s series B
A-O
;/
101% 101'A
Af-N
6s series A
Buffalo Gen Elee
Jan 1 2000
52'A
130'A
A-0
» J-J
M-N
F-A
Af-N
F-A
A
Af-N
& ref
37%
52%
66 'A
66
M-N
1961
.,1960
July 1970
t A Boston & N Y Air L 1st 4s
1955
Bklyn Edison cons M 3"As
1966
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 1st cons gold 5S-1945
gold 4aAs series 33
mtge 4s series RR
Alnc mtge 4"/2S ser A
1st
lien
37'/a
32%
101%
M-S
\:
1st
1st
F-A
57%
'
J-D
1944
Big Sandy 1st mtge 4s
Boston &
1975
63%
♦96%
J-J*
F-A
^>A
Consol
64%
32%
♦45%
A-0
J-D
A-0
A-0
Consol mtge 3%s series F
64'A
30%
66 ~
66'A
1st & ref 5s series C—
v
J-J
64'A
A4'As stamped
J-J
1st gtd 3s__1989
1st gold
May 1 1989
A 1st
J-J
J-J
5s series B—
of Pa
F
52
/
*
1951
—:
Creek extl
Telep
series
-88
:
r
1951
stamped
4s
4%s
:
■ '
4s
Battle Creek & Sturgis
62%
AStpd 4s n
,,—1959
i
J-J
v
vAAi',.
ref
Con
May 1 1989
AGeneral
M-3
Feb 1 1960
Bangor & Aroostook RR—
E_
tChicago & North Western Ry—f
V AGeneral gold 3%s
.
M-S
*
Pgh L E & W Va System—r Ref gold 4s extended to——1951
S'west Div 1st M (int at 3%% ,
to Jan 1 1947) due,
—1950
Toledo Cin Div ref 4s A
series
Mtge gold 5s series A
AConv adjustment 5s
'
.
■
——1996
due
AConv
v •:
60'A
73%
39'A
J-D
gen ser
1 1946)
Sep
99
72%
.
yi/r y.
1 1946)
Sep
v'.
73%
J-D
1995
to
"
due
J
—2000
F (int at 1% to
•y R6f &
•.
4%s
A
/
■
D (int at 1%
gen ser
62%
tChic Milw St Paul & Pac RR—
A-0
——1995
due,
1946)
—
J-J
AGen
75%
J-J
A
series
'
.
(int at 1 Va %
C
ser
gen
Dec 1
to
59'A
53
71'/a
v
July 1948
1% to
70'A
;*
.
iv V'v Ref St gen ser A (int at
>■
Dec
1 1946)
due
70%
gold 3'As series B__May 1 1989
4%s series C
May 1 1989
AGen
A-0
J-J
AGen
/
May 1 1989
60%
AGen
B
4s
112
71%
&
of
E
113%'
88%
105
104% 104%
57
95%
24
91
101%
Income
—
—
1st extl
Tol- 1st
deb
Af-N
extl
1961. X
gold 4s,_1948
3'As
4s—
1955
•,
—
1970
Mackay Corp—
w w
-Apr 1 1969
-
J-J
45
1st
K
mtge 3'As series
debs 3(As
Conv
I
1968i
—1958
25'A
47
102% 103%
73
92%
102%
102% 102%
120
88
104%
103%
110
110'A
45
♦110'A
A-O
M-S
*110.%-
F-A
*112%
May
91
J-D
J-J
47%
1
103'A
-
—
108%
—
HO'/a
112%
—
112%
,54
105
110% 110%
7
110%
m%
114% 115'A
12
108%
115 %
^
91%
Commonwealth Edison Co—
104%
99% 100%
&
ACommercial
102'A
103%
—May 1952
Columbus & Son Ohio El
Columbus
Af-N
deposit
deb 5s
Debenture 5s—
Columbus & H V
-
100'A
6
G
1980
4'As series A
750
THE COMMERCIAL
& FINANCIAL CHRONICLE
Monday, August 23, 1943
NEW YORK BOND RECORD
BONDS
New York
Stock
Week's Range
Friday
Interest
Exchange
Week Ended Aug. 20
Low
.1951
J-J
.1961
BONDS
Last
or Friday's
Sale Price Bid Si Asked
Period
F-A
Range Since
Sold
January 1
High
*113%
•_
No.
Low
New York
3%s
debentures,
3%s
.1048
debentures
104%
Cairo Bridge, gold 4s
1950
-
Litchfield Div 1st gold 3s
1951
Louisville Div & Term gold 3'/aS_1953
Omaha Div. 1st gold 3s
1951
•
refunding 5s
Consolidated Oil
{AConsol Ry
deb 3%s--. .1951
conv
J-J
.1955
Consolidation
Coal
s
f
105%
108
6
106%
109%
104% 105 %
23
103%
105%
105'%
v*
'iX
40
J-J
40
7
40
31%
10
y...
51%
32
99%
51'A
92
2
103
mtge 3 Vis
1st
mtge 3Vis
1st
mtge 3 Vis
1st
mtge 3%s
*__
jACuba Northern Ry 1st 5%s
M-N
110% 110%
A-0
102
102 %
20
J-D
98
98%
62
J-D
*43
43%
4
1G9%
111%
A 3
110%
112%
5
107%
109 Vi
108 %
111*/*'
Inland Steel
101
102 Va
98 y4
1952
1946
38
52
ADeposit
41
A-0
1955
deb
30
6s
series A
Alst
5s
A 1st
42 Vi
series
B__.
48'%
Internal
Paper 5s
42
48
"3
36%
26%
100%
Ref sink fund
39i%
96 %
6s
1st
lien
&
ref
{Alowa
*107% 109
J-D
Delaware & Hudson 1st & ref
*101%
Jf-N
Delaware Power & Light
71%
454
56%
102% 103%
"2
102%
108%
J-J
101% 101%
6
101
1969
103 y4103%
ry'4
4s—1936
Aug 1955
F-A
431
21 Va
18
22 Vi
9%
20
3%
7
8
134
3'/*
12'%
31
31%
32%
96
18 %
1
V-; 6%
89
2%s debs
1970
Elgin Joliet & East.Ry 3 Vis
El Paso &SW 1st 5s
stamped
5s
:
Railroad Co—
'
1
;
1st
Div
*27%
99
A 1st
&
of
At
deb
ACertificates
4 Vis
25%
A-O
29
*108
M-N
;
J-D
*103
A-O
78%
•79
*
A-O
J-J
—
99%
,
61%
99
*103%
v
61
102
65
?C
__
*
'
109%
Jf-N
104%
*100%
Jf-N
100
75
62
J-D
jr
ref
55
Lake
99
14
Lake Sh
Af-3
1___1982
M-N
'
10%
102%
76'%
41
35
20
20
38'%
10%
20
10%
37
•
98'%
19%
94
94
4%
15
1949
cons 5s
Castings 5Vis
*37
J-J
J-J
J-J
Goodrich
1956
J-D
Gotham Hosiery deb 5s w w
1946
M-S
Grays Point Term 1st gtd 5s
Great Northern 4Vis series A
1947
J-D
4 Vis
101%
101% 102%
20%
*37
107%
1961
J-J1
General 5 Vis series B
1952
J-J
General. 5s series C
1973
J-J
107%
General 4Vis series D
1976
J-J
100
General 4 Vis series E
1977'
J
General mtge 4s series G
1946
J-J
104
Gen
1946
J-J
102%
mtge 4s series H
Gen mtge 33/4S series I
1967
14%
&
20%
1
19
45
30 '
18
55'%
107%
„
26
92'%
83'%
38
99i/a
17
99
65
65
.'
176
75'%
4
58
;
11%
24
90%
16
69%
J-J
60%
62%
56
54
J-J
1961
A-0
1969
Jf-N
*97
105
97
__
104% 105
*111 %
—
—1999
gold 5s
110%
111%
114'%
*114%..
*50
J-J
*89
•'■;
A "
.
*94'%
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—
64
A
46
93
132% 132%
—v;;;/
170'%
172
105
106%
108%,'
105%
108%
100 7%
103
1%
4
4
98%
101
133
85%
99
85
99%
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101% 102%
14
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-.
.
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98% 99
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-
J-J
.
■'
55
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87
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105% 105%
58
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58%
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91%
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88%
*, 69%
•*': 93'%
04%
16
92'%
93%
17
Dec
71 A
93%
J-J
.
f
1965
A-0
1945
1 A/A
91%.
28
100
87
80
A-0
29
28%
29%
108
*118% 119
94'/a
3
87
95
89%
87'%
A 68%
*68 %
71%
73
67'%
74%
75
:
86
.75
68%
*68%
F-A
1981
J-J
iq=i
J-J
*98
71
73
.
93
A
63
44
66
29
52%
75%
2003 /
Jf-N
32%
29%
42%
Jf-N
35%
v
•1
66%
71
stamped
-
stamped
| A.
.
raodified—i.
registered..
—2003
modified.
32%
2003
registered—
2003
5s stamped modified^-
>
___
.2003
.;&s debenture^——
/
•
a-o
.
:
—1962
35%
'42 / '
A 28%
.
■
43
68
29
40;
32%
::
—
45
31%
41%
35%
39
50
55%
75
120%
105%
9
106%' 106%
M-N
115
'■
107%
a 106%
109%
■
■
122% 122% 'A
122%
j.
_
.106% 107
a-0
F-a
17
99
A
*120% 122%
107
—1951
32%
■
a-0
J-J
116
37%
65%
v
68
AAA;
31 Vs
a,* 34
42%
A /
34
35%
V
-:
Jf-N
32%
1.
aa 18 a.
,
121%
series A
122%
106
—1950
106
103'%
*107%
gold 4s__
stamped.—J
Z
!
"
A'*
*104 Vi1
,'A-O
;;
1949
—1949
Af-S
& Ark
Louisville
Gas &: Elec
1st
1944
Louisville
*
—1951
5s series
Lou & Jeff Bridge Co
Af-S
1949
(P) Co deb 7s_—
debenture———"—
Louisiana
Af-S
•
104%
99%
A-0
*
J-J
1966 Y
gtd 4s
111
"22
"111
<
Af-S
v.
98%
2
107%
110
120%
122'%
71
104%
1
•
78%
94%
109%
111%
103%
'111
♦103%
,
104%
12
/"
91%
91
103
98'%
"
106% 106% >*'
*122% 123
91%
M-S
.-1945
"A
102 Va 103
102'% 103 '
102'%
106-'%
F-A
•
A™1969
3'%8
A
102%
104 V»
& Nashville RR—
•.1st
&
ref 5s series; B_\_
,.2003
1st
&
ref 4'%s series C
1.2003
&
ref 4s series D____
A-0
A-O
-
"106% 106%'
103'%
1
103% 103%
a
A-0
2003
98
98
1st & ref 3%s series E_*
A-O
2003
!
3'%s series A ext_i___1950 *
J-J
■
937%
94%:
F-A
1—1946
53
85
102%
105'%
106%
109%
105.
104 ,104
104
Af-S
1980
1945
monon 4s
Atl Knox & Cine Div 4s_
1952
J-J
1955
Af-N
Maine Central RR 4s series A
1945
J-D
90'%
J-D
55
•
;
*917%
-
100/
22
*108'% 109'%
:
108
104%
88%
104
••103'% 103%
103'%
J-J
103%
94%
•3
95 %
J-J
*96
103
103
103%
8
62%
118%
61'/4
19%
31
1—1951
A-O
*96
1951
Af-S
*44
97
mtge 4'%s series A—'—i—i_1960
Sugar 4s sink
s
f 5s_
78% <91%
—
105
107
100% 101
100%
*110%
58
105%
94
101
110
—
101'%
104%
100%
western
1st gtd 3'%s
Marion Steam
Shovel
f 6s
110%
•
97
96'%
: '
60%
McCrory Stores deb 3'%_W——1955
McKesson
61
62
39
51'%
65
M-N
59
59
60
99
47
60 V*
J-J
55%
55
56
11
43'%
57'%
M-N
60%
60
60%
22
46%
61%
Market Street Railway—
(Stamped modrext 5s_i
&
Robbins
3 V2&-
Metrop Ed 1st 4,'%s series,D—
■
55%
'A 64%
*44%
8
7,
14
84%
94
<47%
59
70%,
45%
„
49%
45%
50
—
39
A
70
*101
A-0
100%
103
*101% 102 ; •
" A-0
1947
.55-.
,;*25%
J-J
1941
s
60%
61%.
Af-N
Stamped*—
A 90 / A 90,%
*46
Af-S
RR
'
64
M-N
^.1953
92 Ye
65
.
fund—Feb 1 1957
96
__
*105
M
j"Gen
(South Lines) 4s__1959
ISAManitowoc Green Bay 61 North*
97 Vi
Va
M-S
88
46%
,
.
105%
r
1953
100%
68%
132%
117%
__
a
—
93%
68%
AManila
V^sl————II1952
94%/
75
5
94%
'X 87
1964
1974
73%
78
54%
5s
97
40'%
111
1955
93%
52
"A
F-A
F-A
Unif mtge 4s- series B ext—:——1960
103
58
Refunding 4s
;i
"89%
88%
94%
,
1964
Unif mtge
1
55 y4
A-O
•'.
101'%
83%
80
71,; A;-
100
M-S
.
1954
105
4
57%
4s__liI—~1952
/
99%
J-D
J-J
1954
111%
127
137
M-N
1951
A
I.
J-D
r
South Ry joint
F-A
A
82
107
1974
AManila Elec RR & Lt
series
93%
83
90
•
102%
9
1957
1st gold 3Vis
93%
93%
♦106'%
Mob & Montg ,1st gold 4'% s
J-J
J-D
'
61
85
•
♦172%
75
62%
68 %
Manati
page
•
1954
8t Louis Div 2d gold. 3s
Feb 1957
see
78'%
105%
"
1949
1st 5s A
income 5s
footnotes
69%
12
99'%
110
22
--
H
__
For
27
88
53%
69'%
{§ AHousatonic Ry cons gold 5s
1937
Houston Oil 4Vis debs
1954
Hudson Coal 1st s f 5s series "aIZZl962
Collateral trust gold 4s__
32
74'%
89'%
61
A 67%
94%
1952
Hocking Valley Ry 1st 4Vis
gold 3 Vis
70%
74
61%
53 3 i
4s
14%
11
90
}x\
gold 3s sterling
69'%
95
26
,
'
'
98'%
107'% 108'%
69%
98%
'-1st
stpd
86
89
87'%
A-O
1954-
ref sink fund 5s
Lorillard
69%
9
11%
90
<•■>,
1
3
87'%
86%
108%
F-A
1975 /
'Guaranteed-ref
93'%
J-J
—
98%
88%
Af-S
1997 i
,
Long Island unified: 4s—_—_.
103'%
92%
98%
*
105'%
92
67
96%
67%
100%
102% 102%
46'%
94.
aR
98%
Af-S
..
.
...
—1997
.
Long Dock Co 3%'s ext.to—.:
102'/a
83%
65
31
23
?>...:
96%
'
J-J
1947
Mich Sou gold 3'%S-i
Little Miami gen 4s
108'%
38
44
103% 104
6
J-J
112'%
99%
99%
161%" 64
RR—
to
Paducah & Mem Div 4s
3
1%
F-A
■
lines
16
1950
...
112'%
99% 100%
92
.
Gulf States Steel g f 4Vis
Purchased
85'%
3%
a-0
Lehigh Valley Terminal Ry ext 5s_1951
50-yr 5s gtd
1965
Libby McNeil & Libby 4s
1955
Liggett & Myers Tobacco "7s__
—1944
99%
109
102%
3
22
2015
Gulf States Util 3Vis series D
1st
66'%
96
1953 %•:.Y'F-A
stamped
4s
101%
97
107
J-J
Gulf & Ship Island RR—
1st
239
109
Feb
mtge inc 5s series A
Extended
80%
84%
—1954
4s
34 3%
:v
105'%
99'%
111'% 112
99%'
~d
3%
Lehigh 'Valley RR—.•
103
1975
Gulf Mobile & Ohio 4s series B
Collateral trust gold
102%
63'%
J-J
v..
1945
5s ' stamped..J:
lst & ref sink fund 5s__
94%
29
110% 110%
112
Feb
AGreen Bay & West deb ctfs A
A Debentures
ctfs B
Illinois Bell Telep 2%s
Illinois Central RR—
1st gold 4s
101'%
95%
1
Val Harbor Term gtd 5s
102%
80 Va
*100
AAdj
92
10
174
J-J
.
Lex & East 1st
107% 107%
*101% 102
1st
101
70
79%
63'%
I960 f
D
-
Leh
45
—1949
series
mtge income reg___
5s
.
J-D
107%
v
4%
76
•
■
102'%
94%
104%
Lehigh-Valley N Y 4'%s ext
V."'
—
extd 5s
5»%s, series C—
"1st & ref sink fund 5s___._.
103'%
5
9%
9
101'%
1
J-J
.
1950
5s/stamped
213
>103%
105'%
'
105
35%
9%
102'%
A
107
J-J
1954
registered
Alst
104'/8
95 y4
10
48%
38%
6
'.%• 3%
J-J
.
1954
Lehigh & New Eng RR 4s A_
Lehigh Si N Y 1st gtd gold 4s
yK'- < ' 'i v ':">
Lehigh Valley C'oal Co—
31%
32 Vi
23'%
79
82'%
3%"
A-0
1997 '
;
s f 4'/2S A
.VCons" sink fund 4'%s series C
103
99
19
:>•
{AGeorgia & Ala Ry 5s
Oct 11945
{§AGa Caro & Nor 1st ext 6s
1934
Gas
/
78%
83
A-0
.
1961
—
Lehigh" Coal & Nair.
107
G
Co
106
J-J
1961
LaUtaro Nitrate Co Ltd—
4'%s
Hudson
42
65
•
100'%
83
vu
__
ref
Erie & Western
4'%s
Hudson & Manhattan
42'%
62%
'
J-J
6'%s_—
5s extended at
65'%
106'%
&
•3.'%s
35
;—1974
y.:v 4
41
96
—I960
4s
—
&
■Coll
80'%
95 y4
deposit-
ref Term M 5s
.91;
250
'
j
Apr 1950
1st
unguaranteed.
/Coll & ref 5'%s
82'%
92"%
127
5s
Term
Laclede Gas Light
h i
__
102% 103
U-N
&
48»%
42'%
101
A-0
1961
9S%£<100
»\
104% 104%
J-J
1956
1st
24%
21
87
1959
*
106 %
64
*107
Francisco Sugar coll trust 6s
AGen
52%
6%
23%
19
l"t
J-D
1950
{AKreager Si Toll 5s. ctfs
'
10
..99
.
J-J
J-D
1st
102%
104
24%
101
/
Koppers Co 1st mtge 3'%s—
Kresge Foundation 3% nates
151%
102 */4
79
77 y4
99
-IV
J-J
1956
F)
101%
102'%
132
108
100'%
106%
1st
33 y*
103
13
impt
Ry 1st 3s
Kings/Co Lighting 1st 5s
1U'%
148
•
101% 102
M-a
Food Machinery Corp 3s debs__
(B
1
8
45%
41
J-J
:
Kings County El L & P 6s—
,
108'%
107
5
*150
deposit—,.
Plain
99%
28
42
103'%
79
i
98%
42
Af-N
1961
——
103'%
109%
__
108% 108%
J-J
34
85%
_5
110%
&
"4'%s
106'%
25
110
M-S
1959 t
(Proof of claim)
ACertificates of deposit
Steel
106%
106 Va
Af-S
Kentucky Central.gold 4s
1987
Kentucky Si Ind Term 4%s_
1961
Stamped
__—l961
107'%
102'%
18_;
of
Kansas City
51
26
16
110
J-3%
Jf-N
1961
§A2-4s
Gen
104%
82
-.104'/e 105
F-A
,
'
108%
F-A
& Clear. 1st 4s______1959
18
98
{Fonda Johns & Glover RR—
Gas & Elec of Berg Co
56%
K
112%
40
103 y2
1971
ref 5s series A
ACertificates
60
43%
24%
63'%
J-J
Si Mich 1st gtd gold 4s__1990 A'
{§AK C Ft S & M Ry ref gold 4S.1936
112%
104%
*107% 108
J-J
1962
67
99%
103
99%
'
jAFla Central & Peninsular 5s_.—1943
Flintkote Co 3s debs
„——1958
{Florida East Coast 1st
47%
124
108%
'"'•19%'
Af-3
Kanawha
1st &
Firestone Tire & Rub 3s
301
101% 101%
42
1951
Laughlin"Steel 3'%s
Kansas City Southern
110%
31%
2015
3 Vis
mtge
53%
49'%
"103
J-J
1952
1st & ref 4s
38%
110'%
46%
A-0
.
20
106% 107 Vi
1947
mtge inc 4Vis series A
1st 4s
N Y & Erie RR extl
Ohio
111%
*__
M-S
"
AGen
106%
Jf-N
1995
1st cons M 4s series B
111
*111% 112 %
J-D
—1965
——1965
Empire Gas & Fuel 3 Vis—__—Li,
Erie
15%
98
J-D
1950;
1995 <
—1950 •
1st cons gold 5s
111
A-0
M-S
1948
Minn Nor Div 1st 4s
1st 5s
98
J-D
gold 4s 1995
ASecond gold 4s
1995
Detroit Tenn & Tunnel 4Vis—___1961
Dow Chemical deb 2 Vis
1950
Dul Miss & Iron Range Ry 3Vis—1962
{§ ADul Sou Shore 61 Atl gold 5s—1937
DuQuesne Light 1st M 3Vis__
1965
East Tenn Va & Ga Div
*15 %
Ajf-S
Detroit & Mackinac 1st lien
Elec Auto-Lite
80
38
101%
A
A-0
1955
Cent Ry
&
Ref
(NY)
62'%
•1
12 Vi
a
J-J
1935
ctfs
gtd 4Vis
1947
Detroit Edison 4s series F_.
1965
Gen & ret mtge 3 Vis series G—1966
Gen & ref 3s series H—_______1970
Ed El 111
64'%
56
98
42%
1947
\
Jones
45'%
8%
7
A-O
1978
{AL>es Plains Val 1st
East Ry
48'%
•■I';;
<
*36'%
41
45%
36%
~9
F-A
plan)
series B
{ADes M & Ft Dodge 4s
37
80
*97%
J-J
A-
60'%
*108% 110
J-J
1972
6'%s
61
.
95
80
A-0
-
77
*
A'v
I 64
;
*85
A-0
108'%
36%
35%
J-J
{ADenv & R G W gen 5s
AAssented ^subject to
103 V*
34
35
J-J
1936
ARef & impt 5s
63
.
78%
58
42
47'%
107
J-J
{§ADen & R G 1st cons gold
§ AConsol gold 4Vis
:
64
J-J
1955
& Teleg deb gold 4'%s
James Franlcl
73%
J-J
mortgage 4Vis
1st
__
70%
'
A-0
B_J_1947
series A
I
108'%
4s—1943
1st 4Vis__1971
1969
4 Vis
ref
&
1st
71%
105'/a
/
1944
series A Si
Int Rys Cent Amer 1st 5s B
101
D
J-J
63%
4
15
•
♦106'% 106'%
1956
Hydro El deb 6s
Internat
Debentures 5s
3s
*970
Dayton Union Ry 3 Vis series B___1965
A-0
•;)!
_..___1956
40'%
Int Telep
Dayton P & L 1st mtge
Af-3
July 1952
gold 5s series C___
...
27 y4
50
*98
AAdjustment
36
~2
36%
36%
receipts—
Curtis Publishing Co 3s
28
50
*47
J-D
1946
J-J
1986
1952
1
36%
J-J
1956
1947
52
40%
52%
48%
{AInter-Great Nor 1st 6s series A.1952
39
*47
36%
extended to
B
series
J-D
receipts
53%
49'%
1950
deb 4s
92%
60'%
J-D
Inspiration Cons Copper 4s
27
*57
J-D
1st mtge 3s series F__1961
conv
54'%
/A
1963
111 & Iowa 1st gold 4s
{Alnd & Louisville 1st gtd 4s
Union Ry 3'%s series B
67%
42'%
56'%
1963
Ind
56'%
A 101
;
75
56%
j-j
Interlake Iron
16
74'%
j-j
High
34
75'%
75
56'%
F-A
98 Vi
38
75'%
J-J
F-A
-
Low
!••'
85
J-J
45
A
93
No.
94
1951 .'.- .V
32%
52
J-J
receipts
A7Vis series A extended to
A6s
1
49'%
*93%
1951
Ind
>;•
48'%
49
1951
1st ref 5s series A
my4111%
M-N
65%
J-J
'
1951;
lst & ref 4'%s series C
.
111 Vi 111 Vi
111 %
M-N
38
receipts
ACuba RR 1st 5s gold
;
110
108 y2 108 Vi
M -N
Deposit
ADeposit
108 V*
1955
mtge 3 Vis—;
Crane Co 2Vis s f debs——.
Crucible Steel 3 Vis s f debs—
ADeposit
109%
1942
:—
1st
A
Jf-N
1965
1967
1970
1966
1969
1950
F-A
J-D
-
Range Since
January 1
Sold
111 Cent and Chic St L & N O—
Joint
1st
65 '
M-N
;
1966
Springfield Div 1st gold'3%s
Western Lines 1st gold 4s
•
Power Co—
Consumers
4%s
St. Louis Div Si Term gold 3s
Gold 3 Vis
51%
33
40%
99%
A*;. :•'."
78
40 %
40
*40
——
J-J
-I960
5s
107'%
5
108'%
J-J
.1956
104'%
107
108
108%
J-D
4s__. .1954
deb
non-conv
104% 106%
107
—
V"
"
1953
'
'■
A-O
J-J
1958
'
Bonds
High
:
102%
30
'-or Friday's
Sale Price Bid & Asked
Illinois Central RR—(Continued)
111
104%
A-O
.1956 *
debentures
3 %s
102'% 104
A-O
Week's Range
Last
Period
109
40-year
.1946
debentures
Interest
I
Low
Consolidated Edison of New York3'/4s
Friday
Exchange
High
>113% 114
21
Stock
Week Ended Aug. 20
j
1
__
110%
110
110
Bonds
100
102'%
•
-——1956
—I960,'
Metrop Wat Sew & Drain 5'%s—1950
{SAMer W'Side El .<Chic, 4r
1938
^.—
97%
Q-A
—1945
1
J-J
-Af-S
A-0
F-A
98%
*108% 109'%
'• 109 '/4 109'%
A-0
112
112
112%
94% i 94%
*10'%
11
103.,
89%.
,
98%
105'/4
:~2
12,
14
106%
106%
109%
111%
113%
84
6%
94%
12%
752.
)
Volume
Number 4205
158
THE COMMERCIAL & FINANCIAL CHRONICLE
;
.
7S1
NEW YORK BOND RECORD
Friday
bonds
York
New
Last
Interest
Exchange
Stock
Bonds
Friday's
or
Low
Michigan Central—
1951
L 1st gold 3%S:—_
—1952
Ref & impt 4 Vis' series C——1979
Michigan Consol Gas 4s
1963
tSAMidland of N J 1st ext 5s
1940
{§ AMilw & Northern 1st ext 4%S—1939
A§Consol ext 4%s
1939
& Sag 3%S———
Jack Lans
.
A 1st
;
•;
,
•.•.•
105
:•
55
M
6%
-■-.
'61
91
65
•
1st
7%
8
§ Alst cons 4s stamped™———1938
J-J
1938
§ A 1st stamped :5s gtd as to int—1938
J-J
J-J
—1946
J-J
§ Alst consol 5s
6s series A
Alst & ref
A
{ AMissouri-Illinois RR
yy-26%
26%
•'26
.
-4%
'
-.
y 99%'/. 99 %
497/a
127"
'56%
sJ
A———i——1962
46 %
J-J
.48 Vi
125
'.;•
Vr
deposit.
S
Af-S
"
.
_
20%
•.
Alst & ref
1.77
35
,;•?
738"
-'54'% if?® t 418
52
5
.51%
,
53
Af-N'///
482
51%
54
•;"Alst
,
.
Ry—';;
{§ A Missouri Pacific
100
*—
M-N
4%
July 1938
gtd gold 4s_—1991
3rd 7s extended at
•
M-S
59
Monongahela Ry 3y4S series B
1966
f- a
•105%
Monongahela W Penn Pub Serv—
1st' mtge 4y2s—.
1960
A-O
————1965
Montana Power 1st & ref 3%s_—1966
Montreal Tramways 5s ext—_—1951
Morrell (John) & Co 3s debs.——1958
Morris & Essex 1st gtd 3%s—
2000
Constr M 5s series A—.—___—1955
fc Constr M 4y2s series B„
1955
Mountain States T & T 3%s
.1968
Mutual Fuel Gas 1st gtd 5s
1947
A-O
Moh'k & Malone 1st
'
<
59%
45
•
95 Va
w
99%
99%
M-N
4
M-N
110
M-N
•
37%
35 y4
108%
a——1978
Prod 3V4s debs———1960
3'is
—1949
j-d
107'i
M-S
104'4 104%
3y»s sinking fund debentures—1949
National Steel 1st mtge ,3s_j—.'._1965
M-S
103 3
a-o
:: 104% ■ 105r;:^
{ANaugatuck RR 1st,gold 4s—,_i._1954
?s_—21948-
3f-N
-
Dairy
Distillers Prod
:
>ii07^ 108-
103%
-
gtd' 5s
—1945
—————-1945
England Tel As "Tel 5s A
.—1952
{ANew England RR
AConsol gtd 4s
New
•
New
New Orl
j-d
'
Coast
Alst
56
a-o
———1954
series B
5s
F-a
iCi—-i--—*—-1956 V
A 1st :5s series
A
-
a"o
1954
A Certificates., of deposit-——.-—;
5'is
Alst
A
series
' 72
.
y
Paramount
■ :
'/
'.:4r/i--64%
.44%
64 Ve
Chicago & St Louis—
Ref
5'is
.
4'is
series
1st
L 6s
J-J
N Y Edison
1st
N Y
lien
N Y & Harlem gold
N Y Lack & -West
----.
>■';
■■
■
;
j-d
;
1051/4
gold
*—y
deb 4s___—__-1955
deb
4s_._-__—i—
3'is
78 /I.,,
r
85%
—
!
1940
1957
Alst & ref 4'is series of 1927—_1967
42 y
41%'
42
41%
;v
47%
471/4
61
61
109
110%
4s_
1st
4s
100
100 •
15 Vi
■'
A
General
4s__
N Y & Putnam
lst
.—1955
:
cons
gtd 4s——1993
N Y Queens El Lt & Pow 3'is
N
Y Rys prior lien
N Y Steam
For
.1965
6s stamp——1958
Corp 1st 3%S——-
footnotes
Af-N
see
page
752.
1963
j-d
44%
80%
60
34
8
28
■
y
■731%
52
•
■■
49
31%
491/4
33
:
103
52
18
-
.
v/32%
28
31%
.:•'" 139
371/4
a-o
53 "
-49%
53
1051/4
1091/2
^
j
109% 109 Vi
*109%
■
15
107%
108%
109%
109
—
110%
j-d
-
j-d
<•
-.
110%
J-J
110
1123b
9
110%
112%
1
109
112%
111% U1 Va
♦
99%
y-t-.
—
24
103%
106%
105% 106
13
103
106'A
991/4.
99'A
991/2 ioi
•
3
v
•.
j-d
*111
3
1.
-
■
*105
..
■/
101
110%
109
111%
104
__
*104 Ve 104'%
—"
100 Ve
108%
111%
-
96%
9514
:
*109% 1103a
J-J
M-N
.
105'A 106
105%
a-o
.
98 "4
33
111% 111%
:
111%
F-a
t
92%
110% 110%
111%
j-d
-
*98'A
■■
.
/
-J-D
j-d
j-d
-
105
F-a
102%
78
a-o
-
78
95
96'A
5
104%
67
78
57%
e
M-S
96%
116% 117%
—
-
*102% 104
•
j-d
/
Af-N
108 Vi 108 V 2
-y
1
F-a
106
.v..,
13
1944
,
J-D
*105% :
J-J
H
>'
107
*108 % 109
—
F-a
101
106% 107'A
V / 17.
19
105 %
102
—
107
104
—
108Vi 109
F;A
1021/4 103%
106% 108'/a
109
1061/4
98%
109 3 a
108
"-16
7
194
•
-
110
-
12%
7
•
991/2
123% 1241%
16
119%
124 Va
J-d
.
110
109% 110 'A
37
101%
110%
116
116
14
108
117
,
104 Vi 105%
21
deb
Conv
3%S—-
a-o
1952
-w—..
Marquette -1st series A-5s
1st
4s
1
;—
series
•
1956 v
gold 4 Vi s series C—
1980
1952
5s
gold 4Vis series C_
General
4 Vis series
D.-,——
1977
J-J
*11714
1981
J-D
AConv deb 6si;
1973
1949i
1———1963
{§APhilippine Ry
'
A Certif icates
of
1st s f 4s
deposit
58%
111 Mi
Z
cons
j
cons
4'As
Pitts Coke
B
series C
1970
1975
—1977
& Iron conv 4MtS A——1952
Steel
1st mtge
Pitts & W Va
1st 4y2s series A
mtge 41/2S series B
106%
1st
mtge 4%s
1959
Series Cj.——.—1960-
ji
107
102%
127%
111
117%
111'/a
31/4'
105
9
no
105%
112%
111%
11
113 Vi
112%
__
114
119%
123V4
119%
123 Vi
34
1231/4
105%
116 %
105
117
12
100
107%
14
95
I
98%
103
102%
:
98%
102%
102
*—
—
•
'
—
4%
7%
104% HO1/4
106% 106 %
102
102V-2
103
103
—
A-O
15%
5
117
'103
c
40%
79
—
115 Vi 116 Va
-•M-s
m-n
*113
*122
1063a
j-d
8%
104%
106%
—
122% 122%
-
j-d
201/4
104V4
*1131/8
122%
j-j
102
32
—
—
A-O
100
106
—
j-d
104%
105%
7%
*112%
4
A-O
■
76%
104
7%
106% 106%
*104
—
j-d
„
277
*103
..
M-N
1950
1950
1943
1958
'
....
F-a
guaranteed 41/2S—1964
15%
106 Vi
'
—
•■—
F-A
1963
4'/as
1st mtge 4'AS
4%s series B_i
Pitts Va & Char 1st 4s gtd
Pitts
Af-N
204
"
;7--
.
j-d
.
371/2
*4 %
F-A
.
21
*6%
106%-
j-j
Af-N
21
1051/4 106
—-
1951
:;
83
57%
96
107%
110% 112%
13
14%
j-j
;
—
Pittsburgh Cine,Chi & St Louis—
Series D 4s guaranteed—,—1945
3eries E 3'/2S,gtd gold_\—
1949
SeriJS F 4s guaranteed gold
1953:
Series G 4s guaranteed——,.—1957
Series H cons guaranteed 4s
1960
1st
109%
1937
64%
,<v
118%
■V—
91
108 Va
*106
M-S
>
—
72%
11
35%
Af-N
/
—
103% 104
j-j
Af-s
—1962
22
y
1291%
106 Vi 107 VA
112%
j-d
.
101
1121/8 112'%
j-j
1961 y
14 %
106%
108% 1091,4
Af-s
3s debentures
52
*125
58 Va
5%
16
72
nooas...
1967/ /
Philip Morris Ltd deb 3s
80 Vi
f-a
1971
1st & ref 3 Vis
89 Vi
M-N
II21/4
44%
V, 106%
—
106% 106%
106%
J-D
r
1943.
—1974
B—
General
108
70%
;»y;% 71 y
;
97
106%
95% 106%
90%
98%
HI
4
4C
80
:/■ 80
J-J
Af-S
■
1
13
88%
89%
V
87
53%
*106
J-J
1956
53%
12%
12%
z F-a
1974;
Ry 5Vis
98 Vi
111% 111%
■
Apr
Apr 1990
series B—
97%
98%
a-o
4s
& Pekin Union
96 Vi
M-S
.
4s ext
& Eastern
96%
117
J-J
105 =;%108%
'
3109'/a 109%
110 Va
88%
123%
.7 F-a
1984.
Vis series E
Gen mtge 5s series A
'411/4
108Ve 110%
108
124
96%
Gen mtge 5s series
2
y
2
98
89%
55 ■'
55:
97VA
21
;'8%
/•T 36%
;.6%
4
:/:v
109% 109%
93
Series
*104% 108
-109% 110
97%
a-o
.
96%
Series I
*110'i 111 '/a
j-j
109%
M-N
■
J-D
78
4%
-
991/4
B
21
90%' 103
m-n
j-j
series
62%
•
8%';- 9Vi
:
23
1965
A.i
49%
63
*102
-,--4%
110'%
104%
1960
—
Phillips Petrol !%s debs
.
15%
43 '•;<
m-s
104Vi
106%
105%
104% 105%
Gen
1992
102
_I
a-o
•
55 3 8 '7.41/4.
.
^
1954
;
{AN Y Ont & West ref gold 4s
2
104%
;
-
*106%
.;/■ Af-N
ref mtge 23/4s___
{Philadelphia & Reading Coal—
:
A ref 5s stamped
.JLL
117%
{AHarlem River & Port Chester—
.
'yjy*
111
104
1st ,&
112%
■•
series
"
43%
110
109%
7-1,104 Vi
1
gold 4%s
Phila Electric
-
115%
111
7.
/yy
62 Vi
m-n
110%
107
j-j
1981
Philadelphia Co coll tr 4'As
97
110%
12
\- '
•
■
48%
a-o
j-d
107%
8
;
106%
108
:;/• 13,:
41% "■ •
j-j
.
3
•
108 Vi
106 Vi
..1969
—1974
General
V
101%
'
j-j
"
11
I960
Phelps Dodge conv- 3V2S deb—
Phila Bait & Wash 1st gold 4s
94%
'
•
41%
;
-: 102 Vi
101
v; :•:■
40%
it' x-z-:
9
107% 108%
/ 102% 102%
"
z
110% 110%
110 Vi 110%
v, ';"'•
109
1955 V
L
1st
•y65/y %77:y.
yyr-//
X
40%
j-j
Af-N
1948
;
4s
■
1956
1956
109%
108
1944
sinking fund 4Vis:
AIncome
;
'
a-o
100
108%
1966
6s
Peoria
66 Vi
f
64%
9:/
•41
40 Va
Af-S
.1954
ANon-conv
ADebenture
2
■
41%- 41% y
Af-9
3%s^—i—r——dl947
6s
i
19%
100
106%
J-J
Peoples Gas L & C ref 5s—»
61
86
::.y64%/;67%y-
Af-N
12
,■
11
j-j
1966
1970
series B
86
:i-;..vr,
deb : 3 'i S—
§ A Collateral trust. 6s
.■•100
29
*ioi%-%z^y'y
64%
v"
7
23
109V4 109%/;
110%
'
Af-N *
45
a-o
66
50%
,,
-*V
*110
Af-N ■/
—.1973
4
'
/■;
1949
2000
1973
—
16 Vi
107% 108
1981
Pere
.77%
*100%•;
—
15Vi
"
1970
Peoria
99%
■
ADebenture certificates
V
i4c
/ :•. ;•//>/;
//104%105%-y.
a-o
4-u '
108
j-j
—May 11948
3%-s-series C
5s
70%
y. 48%.
30
■
..
111% 112%
..s\
deb
yy-
*971/4
a-o
'
:
General 4Vis series D
82
47%
116% 117
'ANon-conv
AConv
V
82
102 .?
—
af-n
stpd dollar
4Vis
53
.
15
';//• 76% Vf;:.v76%y76%"y-
a-o
.
;
102
;;
y.yyv/y
.92
,
j-d
1938
87%
74 %
.
60.
f-a
—
v
67-;
'67%-
57%
80
,
■
;
70
Vi 7
62
r
90
;
80
f-a
1966
4s series A
deb
.ANon-conv
;
•;'
59
.
—
90
a-o
—
;
64
»
a-o
tN Y New Haven .& Hartford RR—
r
A Non-con v
deb 4s—;..
_1947
**.; A Non-con v
63
v
Z
j-j
—1971
& Light 3y2S
mtge
69%
j-d
3'is
'52%
,,
.
•
;>-77i8'.y
gold 5s_—1948
%4'is series B_
,
.126 '
75%
*y
m-s
—1965
Purchase money gold 4s
61
47%
208
Erie RR
N Y Gas El Lt H & Pow
v.
■
60
y
a-o
1947
ref 3'is series E
& Erie—See
63
f-a
1950
3'/4s series D_
&
v-y
79%
•
f-a
.1947
notes
Conv 5%
-'■:
;
84%
/ 84
79%
/
f-a
—1978
C
debentures—
Y
N
f-a
Connecting RR 3y2S A——1965
Dock 1st gold 4s—•
1951;
N Y
84%
;
.
Gen mtge 4
67%
;.5i%-
315
•
.
3'is extended to„
mtge
82%
J-J
deb
Trans
sterl
Cons
-
112
61%
81%
1974
series- A
Ref
60%
I
i.
debentures—
Gen
'
•
New York
60'/a
J-J
m-s
1946
gold 3s loan ctfs
Debenture
54%
82
110% 110%
*101
Broadway Corp—
Power
4s
58%
a-o-
11214
109% 110 Vi
110%
m-n
1961
General
Af-N
110'/a
110%
1963
Consol
26
•
53%
109%
2
109/
■
Af-S
J-D
Secured 4s
4Vis
V.'vi
57%
4
f-a
1964
f
M s
Penna
6
53 Vi
68'.4
68'/»
Pennsylvania RR—
70
58
gold 5s^
Pennsylvania Glass Sand Gfis
Pa Ohio & Det 4Vis series B_
69
a-o
55V4
55 '/a
j-j
1952
/
-
f-a
66 Vi
26
'
.,
%
*103%
J-J
1st
Co
General
Newport & Cincinnati Bridge CoGeneral gtd 4Jis—
1945.
N Y Central RR 4s series A—_—1998
Ref & impt 4'is series A_
2013
>' Ref & Impt 5s series C——2013
Conv secured 3'/4s—
——1952
N Y Cent & Hud River 3'is——1997
3'is registered———L————1997
Lake Shore coll gold 3%S—
1998
3'is registered
—1998
Mich Cent coll gold 3'is—
1998
3'is registered
1998
220
1946
1946
Gtd 4s series E trust ctfs
-
68
80
17
72%
.
79%
28
3'4s series C—
1966
^
Paducah & 111 1st s f gold 4 %s—1955 / Panhandle East P L 3s B
1960
y
7
69
50%
Vi
Ref mtge
97%
55
64
it
ofdeposit———v-*-
A Certificates
•
68
63
56
108
79%
v
60 Vi
66
m-s
& El 4s series G
Pennsylvania Co—
..
Guaranteed 3%s trust ctfs D
108
80'4
1
•
68%
67%
f"-a
1956
series D——
58%
62%
81 %
59 Vi
96%
106'/a
30
f
66-
71
deposit
of
Certificates
Alst 4'is
89
42
40%
66%
Paterson & Passaic G & E cons 5S.1949
l-/'.
56
'
66
153
,
53
1961
1962
M 3s series K_
Parmelee
97
'T05'K108 V
62
'
59
•
•
65 "■■-•.
-.:■
-
A Cer tif icatesof-deposit—————
'
:
.57 '
a-o
69
12
57 Vi
94%
1946
mtge.3s series J
1st
111
73
9
r-
87%
55%
*52%
■
69%
72%
148
60
J-D
mtge 3%s series H
& ref
Pacific Tel & Tel 3%s
80
108%
yi-
95% :
9 4'i
.
Mexico Ry—
§ ANon-cum inc-ifjs ■series Ai^—1935
ACertificates of deposits———
•
-77:C
8
105
■
{New Orleans .Texas. it
122%'-125%
■
•
j-j
1st etd 4s_-:—1953
Orleans Term
%
84%
vii7y ai8%-
10
'
106 Ve 106 Vs
105
57%
•'•(. ■"
91%
87%
■
1945
1st cons gold 5s
§ A2d ext gold 5s
>100
--
83%
*94 '4
■
65
50
66
SAPac RR of Mo -1st ext gold 4s__1938
105
y 70
QS
j-j
a-o
....1955
ref 5s series B_
1st &
New
•95'i
95
j-j
90 %'
90%
■
75 vi
65%
1946
1st-5s
1st & ref
'
v116'iV'119 v
y 70
85'/a
it; I
87% //
1091/2 109%'.'
303%
a-o
.I960
1983
E 1st ref & imp 4'is—,—1952
Pub Ser 1st 5s series A—1952
N O & N
95
•
6
•
'
& Light
Pow
1631%
/i
-
114%
66
1966
1st & ref mtge 31/2S series
105
'
125
1-25
981
v
F-a
1st 4ris
:
Orleans Great Nor 5s A
J
106%
lOl'A
'9
117% 117 Va
Af-N
113
r-—
65%
1967
1972
3%s
1st & ref
103%
1
84%
120
.:
t
Transmission
.
105% ..108V's
» 5 '
•
84'i
j-d
gtd 4'is series-B————1961
N J Junction RR gtd 1st 4s
1986
N
:
j-j
v
1st
>
83
'
-
20'
nievi
j-j
82
11
'
100't". 100
j-d v
Newark Consol Gas cons
.':/J
103 To
119%
j-j
...1967
1964
...1944
debentures.—
1st
•
-68%:
:39
'
103% :1-
a
105%
102%
J'J
2047
v
Pacific teas
Nat
1023b
48
j-j
2047
series D
mtge 4s
Pacific
Nat
—
110%
*'
Nash Chatt & Bt' & 4s series
132%
112 Va
36
78 % V
77 VA
-
124%
46
my*
77%
-
40
53
■"
*123
V
*__
j-j
Oregon-Wash RR & Nav 4s
Otis Steel 1st mtge 4Vis ser A
50%
31%
-
r-a
132 Vi
:c;; *115%
—
q-j
2047
2047
Guaranteed stpd cons 5s
51%
:
7/1 •
110
85%
49
34
102 % 102'/a
'
7
q-a
Teleg 41/2S ext
Ore Short Line
96 Vi
65
110
*—
J-D
{
q-f
2047
Oregon RR & Nav-con gold 4s
100
.199%
53
.
41%
40 y2
M-N
73
29%
*102 Vi 10234
102%
q-j
Jan 2047
1st & ref mtge 31/2S
>
Ontario
113%
105
.45%- 47- !45% 46%:
J-D
'■*
'
•/:/'
1997
1st mtge 3'/2s
y
4s
113%
A 89
t
}[,
1st
i037/a 107%
-
-v-2:
95 Vi
:i' V
131
15
68
40
a-o
/
—
6s series B_
1st mtge 3%s
Oklahoma Gas & Elec
105%
no,
63
106% 107 %
J-D
Af-S
{§AOg & L Cham 1st gtd gold 4s_1948
Ohio Connecting Ry 1st 4s
1943
Ohio Edison 1st mtge 4s
1965
v/65
111%
%,-is
113 -113 V-
Af-S
-
59
,101 Va
44
112 Vi 113'/a
.
38
131%
f-a
1945
impt 5s series C
(Wise)
91Vi^lOO
•
^ 4
i-
—
o-a
1997
&
(Minn)
38
:
59
:,
84%
38%
83%
*32
f-a
deposit
impt
Northwestern
'■
debentures
6s
-
of
&
-
35%
.
;
106
58
;•!-yz I"--
,y 52 vi .^521/2
■
102%
105Vi
59%
7 306
:
51'A.,54%
51%
F-A
-L.---1981.
deposit—.———,
112%
15%
36%
v
__
& ref 5s series
A Certificates *pf
<■
110%
108%
38
1974
registered
58%
£:<■ 5%
-/'/-ysT-y
■
■
22»%
108%
110%
"
59%
36%
11% 112%
11%.
51%
A-O
8'/o
f-a
1974
guarantee)
Ref & impt 5s
.
58
35%
109'/4
18
Northern States Power Co—
59%
35%'
-'
:
54
*—
deposit——
of
of
Ref
59%
27%
.
-
Certificates
A
%t
11-...'
90
1
84
a-o
1949
ry & Id gold 3s,
registered
Ref & impt 4'is series a
P'";
.
yyy;, a y :.J'35%-;
,36%
;y • 172
..
54%
51%
j-j
•
..1954
3s
35% / 59'/a
x
22% yys
"
51 Vi
51»/a
•
'■"
M-N
1949
1980
of
r'
w
20%
—
gold 5%6
gold 5s series H
AConv
y/ y 51% .54 :
-■
'
M-S
——:
A Certificates
4s
■
1975
Alst & ref 5s series F———1977
A Certificates of
deposit—
—Alst & ref 5s series G
-1978
4s
-52
F-A
;—1965
deposit————
of
Certificates
a
AGeneTal
y
y
1961
:
Ref
{Missouri Pacific RR Co—
Alst & ref 5s series A
Af-N
1998
Gen lien
■
19 '/a
16
83
*105
'
2014
Northern Pacific prior lien 4s
■V f
r.
2
*109% 110
A-O
1950
& ref 5s
A Certificates
63
:
45%
9%
73
17
m-s
'
733%
Vf!i ■( 35% '•'56Va
•>;: ■'< i9> ■ 38
16
29%
28'
A-O
adjust 5s series A—Jan 1967
40%
36
gold 5s (stamped can¬
cellation
59%
52 Vi
--■51
•
10 3i
83
*108% 109
1966
4%s series A—
Alst mtge
'
V
46%
48%
ref
&
High
32
14
110Vi 110 V4
{Northern Ohio Ry—
721%;
41%
57 Vi
*
J-J
Gen
100
-981/2
•
Low
2
■
13
9%
17%
1955
Ry 1st gold 4s_1996
Central gen
North
';
? 7%
1%
64%
< -y., 1:;
•
49%-'50% y
•
10
y-
10
V2
.
30
4%
*!
NO.
•
15%
.
Range Since
January 1
Sold
34%
83
«4
31%
,'V
40-year 4s series B„——.——1962
Prior lien 4%s series D——-1978
ACum
;
70%'
-.
17:
,
34'/4
10%
J-J
4'is series A
mtge
Bonds
High
*12
'
•
-
J-J
1946
;
X North Amer Co deb 3'is
Debenture 3%s:
30
16%
6
■
■MX i//-;
4%
/■70%
J-D:
y
is
62
.
i;
^26i/a
Missouri-Kansas-Texas RR—
Prior lien 5s series
■/
■'
88-
■■■
J-J ;-y
1st 5s——1959
—1990
26Vi
—1967
/ AGen mtge 5s conv inc.'.
{§ANorfolk Southern RR 5s A
:
'
J-J
B———1978
1st 4s
Mo Kansas & Texas
j
Af-S
1949
5 Vis
25-year
Alst & ref 5Vis series
25%
*26%
26%
26%
■l
Friday's
Ry Co—:
Norfolk & Western
{Minn St Paul & Sault Ste Marie
Af-N
deb 5'is
(Md)
Norfolk Southern
27
2%
*'•',•2%
.
F-A
Niag Lack & Ont Pow 1st 5s A
57/"
f
-
9%
yy 28
.-
.
Niagara Share
"27%
/
•
Niagara Falls Power 3'is
63
...
•yyn
6%
0
Y Telephone 3'is series B
t§AN Y West & Bost 1st 41/2s
81
38
N
63
65
•
22%*
21%
6%
109%
F-A
.1943
5s
341/4
,
1937
1st gold 5s
<■'.49%
3
-.
V
v: 72% -'
22%
M-S
Q-F
gold
ATerminal
/,
y,^ 2
51%:
51%
*57
:
m-n
-t
55 y4
;
§ A General
-78
iV
'
.
or
Sale Price Bid & Asked
J-J
^1937
.1940
101%
105
-
80%
/4
,
51
•
*5 an Y Susq & W 1st ref 5s
§A2d gold 4Vis.
92%
57%
/'..•>;■ GO
) 80%
.
m-s y
J-J
108%
*48
,•
J-D
J-D
59
Week's Range
Last
Period
20
Low
97
s
Friday
Interest
Exchanee
Stock
Week Ended Aug.
High
78
73%
v
Low
,
.
__
New York
Range Since
•
January 1
No.
i
72%
105 Vi
A-O
50-yr 5s series A—1962
ext
72%
:
M-S
& St Louis 5s ctfs—,——1934
ref gold 4s
1.
—1949
&
93%
*101%
J-J
&
ARef
High
*91%-
y
■
m-n
{ AMilw Spar & N W 1st gtd 4s—1947
{§ AMilw & State Line lst'3%s_.—1941
j a Minn
/
M-S
-
Sold
Sale Price Bid & Asked'
Period
Week Ended Aug. 20
bonds
Week's Range
117
106
59% 59%
58 Vi 591/4
59
59
103
"l
55
2c
53%
63%
7
53%
64
64
THE COMMERCIAL & FINANCIAL CHRONICLE
Stork
Last
Interest
Period
Exchange
Week Ended Aug. 20
or
J-D
F-A
J-D
J-D
& Ash 1st 4s ser A—1948
5s series B
1962
5s series C
1974
gen
1st
gen
1st
4Vis series D
1st 4'As
Gen Elec
Portland
1977
,.-1960
1950
1966
1st 5s extended to
El
Potomac
Pwr
1st
3'As
M
119%
90
*106% 107'/a
106
& Pacific 1st
Gen
&
ref
gold 5s
series
5s
2000
1977
B
J-D
A-0
108% 110
95%
99% 100
100
&
ref
5s
series
C
1979
5s
series
D
1980
1964
Tol &
100
Tol
7
18 '/a
*._
*93%
Ry 1st
ref 4s
1960
91
13
110
112'/8
103%
145%
8s
mlge
of Nor'111 3'/as
220
*221%
~7
1951
Rand deb 3'As
1956
Republic Steel Corp 4%s series B>_1961
Purchase money 1st M conv 5%s 1954
Gen mtge 4%s series C
1956
Revere Copper & Brass 3'As
1960
ARio
A 1st
3%s series H
Gen mtge
mtge 3%s series I
Gen
mtge 3%s series J
Gen
t A Rut-Canadian 4s stpd
stamped
ISARutland RR 4%s
88 3/4
78%
95 V*
27
78
95 V*
105 '/a 1053/4
1053/4
103
& 103'A
Oil
of
(Chic)
J-D
99%
98%
99%
98%
99%
* 7-D
105'/4 1053/4
21
101% 101'A
3
r-
■.
'
gold 6s
74%
tSt Louis Iron Mtn & Southern—
AgRiv & G Div 1st gold 4s
ACertificates of deposit
5s
JASt L Peor & N W 1st gtd
1st mtge 5s
1 MS
$ASt L-San Fr pr
ACertificates
of
ACertificates
of
32
II
&
land
7,
ACertificates
4s
1st
A 2d
4s
—
1947
1990
1952
Schenley Distillers 4s s f deb
_
1989
1st gtd 4s
Scioto V & N E
stamped
5s
8 A Refunding 4s
§ A4s gold
A
Adjustment
102
3yas series A
ACertificates
A 1st
of
United Biscuit 3'As debs
1955
102
Cigar-Whelan Stores 5s
U
of
ACertificates
RR
N J
Serial
Canal
&
series B
50
22
9
143/4
2%s debs
1954
1961
1941
1952
fund debentures
t§ASilesian-Am Corp coll tr 7s
debentures 4s
Simmons Co
Skelly Oil 3s debentures
1950
Socony-Vacuum Oil 3s debs
South & Nor Ala RR gtd 5s
1964
1963
,
Bell
South
-;.
1979
debentures
3s
v.
......
Southern
1947
Colo Power 6s A
Southern
-
.
1013/4 1013/4
M-N
1013/4 101%
Aug 1949
Pac. coll)
(Cent
553/a
1
—
67
'
—
--
4s
registered—
1st 4%s
71%
98
98%
55
83
83
Nov
1 1952
:
31%
33%
1 1953
M-N
*101% 102%
101%
1 1953
M-N
*102% 1023/4
1013/4
102%
M-N
3
101%
102%
1 1954
M-N
V*"v'f
1017a
102
May 1 1955
M-N
102
103%
2.55s
2.60s
NOV
^
' 2.65s
United Stockyards 4'As w w
& Light
Power
1st 5s
.
1944
18%
San Fran
Term
36'A
20
38'%
19%
39%
2
887
Va Iron
85%
96%
42
94
85
1st
ref gtd 4s
1955
J-J
1994
46
2
101%
Virginia Pub Serv 1st mtge 3%s„1972 r
1st gtd 5s
2003
1
1033/4
123
Devel
&
gen
Devel
&
gen
6s
Devel
&
gen
Div
Mem
Louis
St
&
ref
1956
A-O
6'/2 s
gold 5s
1956
A-O
1996
1951
J-J
Bell Tel 3%s B
Pub
Serv
4s__
-1964
28
49%
-1971
4s inc series A
AGen mtge
,
inc 4'As ser B
>•
—1981
„1991
series A.
AGen mtge
1
10
42
42
40%
74
273/4
A
1st gold 4'/2S„2013
Stand Oil of Calif 2%s debs
I960
3
4%
14
303/i
96
143%
10
19%
18%
& gen 5s series
Walworth Co
13%. 29%
17%
25
397
15
23
24
'.78
14
21
31
52
15%
mi
29'/«
34%
21
<
21%
21
21
D_
—1980
1st intge 4s^.
1955
*49%
104 '/a
,
98%
.99%
102
II
West
Penn
Mst
103
104
Power
105%
123% >
lUl'A
lUtfVa
5
105%
1st
5s E—-
-
Maryland 1st 4s
103%
A 5s
s
—
60%
60%
100 Va
98
86
1977
76'%
'
"m*±, '
99
64%
66
151
62
6-f
205
7
90
68
88
—
87%
-
54%
69%
55
:
68%
•
,
J-J
A_—1946
assented-^—
1953
356
53%
195
52%
66
93%
100 3/8
33
87%
98%
100 3/a
98'/2
973/4
v
•..>
1946
*
85
82
--
119
92
753/4
763/4
181
683/4
96
97
38
99%
69
98 3%
'
/.
873/4
92
J-J
■
....
3s
.
"'Mi'onv
os
ueD
debentures
1959
ACertificates
Af-N
of
,
'31
30
26%- .28%
;
25% '
28%
91
f
;
97
39%
31
-
45
103'/a
103%
108 3A
112
1103/4
112 .112
:
—
110%
106
*111.111%
—
:
104
119% 120%
3
23
';
95
88
,
.
120% >.120% 120%
!•
91%
I
92%
105
101%
91%
100
100%
,
>
Af-S
Af-S
112%
17
84%
94%
102
95
Af-N
J-D
Af-S
M-N
J-J
J-J
63%/643/4
51
363A
64/:
63%. 64 3/4
;bo
36%
993/4
99% 100%
55
". 633/4
'■>
54%
ACertificates
of
41%
102'A
61
J-D
M-S
Af-S
' ' A-0
104'
.
*1-
*'
'
J-J
—
1
104
56 Va
92'/8
-•
923/4
J-J
55%
Af-N
21%
104%
111%
.88
92%
30
100%
101%
116% 116%
1
114%
116%
318
100% 101
..
55%
54
213/8
21%
47'/a
64%
8
54%
53%
1949
66
103
109%
.:
*111%
92%
101
•
47 5/8
60 V*
51
143/4
.
267a
15%
23%
llO'/a
112'/8
107
108'/a
103%
'
;;
1968
Public Service 3'/4s
A-0
1971
J-J
1948
1960
M-S
M-N
111% lll'A
.•3
1073/4 108%
lll'A
6
103%
108%
107%
40
"
112%
106
43
100
98%
101%
46
deposit
100%
1
52
52%
>
55
52%
54%
83
33
70%'
"/ 100%
-87%
270
98
1013/4 102%
70%
,
'
Wisconsin
lll'A
96'/4
-
84
40
99% 100
100 :•
•; 98
1936
Wisconsin Elec Power 3%s
2
111%
108
111%
51
"3
41%
1033/4 104
4
102%
106'A 106 3A
Youngstown Sheet & Tube—
54
104%
105% 106
__
104%
,
Conv deb 4s
104'/4
—
•
92%
1033/4
__
10
101%
100% 101
53
95%
101
106%
102'A
1033/4
120
— —
923/4
102% 102%
101
111%
8„
-
112'A 112 5/a
*1043/4
f 3%s series D
1053/4
101%
s
107%
14
7
105% 105'%
*103% 104%
Deferred
— -
-*
.
125
104
105 s/a
5
110%
113
——
103%
105
17
80
93%
delivery sale
the year's range,
included
in
in the year's range,
d Ex-interest, e Odd-lot sale not
Under-the-rule sale not Included in the year's range,
r Cash sale
7
/ 7
>.'/ 7,
;,7.
:. v
not Included
n
the year's range.
§Negotiability
tThe price represented Is
Accrued interest payable at the exchange rate
impaired by maturity.
pound unit of bonds.
tCompanies reported as being in bankruptcy, receivership, or
Act, or securities assumed by such companies.
the dollar quotation per 200of $4.8484.
reorganized under Section 77 of
the Bankruptcy
106% 106%
106%
—
7'; 1093/4 7/109% 109%
I■
*—
.
,
*104
•
deposit
5ASu & Du div & term 1st 4s
98
89%
103% 103%
A-O
1965
1
263/4
27%
,
-
■
1960
1st 4s
101
84
*106'A
92%
.
1954
fAWisconsin Central 1st 4s
81
9
51
112%
C
89%
82
106 3/4
5
108
106%
.
: /
;
Wheeling & Lake Erie RR 4s
1949
Wheeling Steel 1st 3'As series B_—1966
Wilson & Co 1st mortgage'3s_——1958
1
101'A
.101
*111
103%
J
.
.
Pulp & Paper 3s
Winston-Salem S B
70%
;;
190
87%
86
66
-
1055/a 106%
111% 112
J-J
F-A
60%
49%
'
.
66
613/4
61
593/4
59%
100
'
West Va
100% 100'/a
101%
F-A
1974
100
98%
*36%
X.\ *95%
A-0
.
1950.
25-year gold 5s^
1
1951
30-year '5s
i.,
1960
Westinghouse El & Mfg 2yeS_—'
1951:
West Shore 1st 4s guaranteed
^_2361
Registered. ———
2361
•
' '
■
i '
.
'■
105% /.;.
72%
80
86%
*__
106%
J-J
1950
83'/a
44
34
*27%
•
.
J-J
Western Union Teleg gold 4%s
a
.1944
111
.
*973/8
Af-S
—1952
5'As series A
ref
t A Western Pacific. 1st 5s ser
-
not
.1951
7
J-D
J-D
,
i_1963
^.1966
Included in
refund
108 3A
-
__
.„
.28%
109%/,
i *82%
863/4
M-N
Gen
61
107
123
~7
59
-
♦103% 108
105%
1961
•
108
60
47%
V ; *29%
i- *27%
F-A
4«1945
3'As series
mtge
Western
109'A 109%
M-N
Swift & Co 2%s debs
86
105%
109 % 109 Va
106% 106%
*123
109'/4
105'%
J-J
72%
65
59 '/a.
28%
F-A
1945
1950
—^-1967
^.Gen mtge 3'As_
y
1st &
j.j
1945
11
37
98% .98 3/4
.
F-A
Q-Af
*•
Westchester Ltg-5s stpd gtd—
-
1013%
104%
*103% 103%
J-D
1956
t
96 y«
;.\
7/
45%
-
A-0
;
.
'
47
40
t
—
'
102
11
102
Washington Term. 1st gtd 3 '/a
1st 40-year guaranteed 4s__
29'A
.
37
101% 101V2
102
1961
Studebaker Corp conv deb 6s
89%
110
92
30
.13
33%
33%
21'/a
Af-N
Superior Oil 3'/2s debs
85%
110% 111
47
F-A
A-0
A-0
-
gtd gold 3 yaS—2000
Washington Central Ry 1st 4s
._1948
56%
1953
-
debenture
2%
843/4
98%
J-J
Apr
Apr
Af-8
-
Warren RR 1st jref
30%
1st mtge
Standard Oil N J deb 3s-
104%
>
17%
Apr
F-A
-
'
1976
1978
5s series B
ARef & gen 4y2s series C—-
50
9%
•
A Ref
24'A
J-J
_1972
t>Spokane Internat
36
•/•I
89%
'-'7 ;/v;
'■
.
1st. mtge ,4s
17%
J-D
1968
series C
3s
Southwestern
gold 4s
793/4
W
Wabash RR Co—I.
25%
24%
J-J
1st
114
112
~
-
1103/4
31
17
9%
A-O
1956
1st
Div
Southwestern
1st
4s series A
113%
110%
124%
5
39%
,
1087a
1
1
V
89'A
Af-8
tAWabash Ry ref & gen 5%s A—1975
J-J
1st cons gold 5s
Ry
101%
15
1097a 110
109%
F-A
J-J
85%
106
tvy.
*124'/a 130
19
'
99 %
89'/4
A-0
5s
cons
'••
111% 111%
1958
1st
103 3%
103% 103%
103%
J-J
Stamped
Southern
1023/4
1087a
__
113% 113%
MS
Coal & Coke 1st gold 5s__1949
87'A
6%
21%
103'/4 103'%
,25
A-O
102%
973/4
-
;
93%
97%
7
7 7.
67
v,
26%
.
South Pac RR
*1083/4
F-A
M-N
M-S
1968
50'A
,
25
65%
1950
2C
66%-
■V-£
44
52.
21%
Af-N
r-V.
99 hi
983A
97%
27'A
61%
*86%
t
46'A
"V™
60
42
<t
82
.67
7.7%
J-J
5
,101% 101% .7
99
*
1957
3'As series B
Pwr
Va & Southwest
39%
19%
10
36
96%
633/4
1st 4s
101'/8
7
1955
series A:
Cons s f 4s series B
.
Va Elec &
39%
36%
61%
Af-N
■
...
;. 102%
102
102%
F-A
83%
36%
20%
35%
Af-S
1981
-
102'/a 102'/a
A-0
1944
Utah
49
34%
Af-S
3%s
102'A 102'/a
*102
A-0
1951
Utah Lt 81 Trac 1st & ref 5s
217
36%
—
1946
—
secured
10-year
102%
103
___May
„
Vandalia RR cons g 4s
33
J-J
A-0
1969
Gold 4%s
1013/4
102
101%
102% 102%
..
May 1 1954
•
7",
19
321
34%
1968
Gold 4%s
101
101%
3
M-N
•
Virginian Ry 33As series A—1966
1949
101% 101%
;
r
>
Nov
2.45s
c*
73
31%
1977
(Oregon Lines) A
1013/4
98%
'
Gold 4%s
1013/4
-
>; 4
,
1013/4 1013/4
102
102
101
;
Hi/' "L.!
1017a
M-N
."
May 1 1952
7
95
77%
55
52
35
J-D
99%
101
^
"
107%
107
-'Vv!;
64% \
—
*
M-N
,
1C
W:.'
M-N
—Nov. 1 1950
_
■
4s
__
108
99
107%
35%
A-O
J-J
J-J
99%
M-N
1 1949
May 1 1950 /•
—
I
2.20s
2.35s
Pacific Co—
.
*99%
May 1 1949
2.40s
91
F-A
1962
& Tel 3y4S
Tel
102
1017a
94%
J-J
J-J
F-A
A-O
2%s sinking
102%
943/4
15
75%
F-A
Oil
Union
1075/a
105%
„
101% IOI3/4
M-N
Nov
2.15s
1
153/4
9%
59
78%
34'%
M-S
F-A
1935
1013/4
A-0
Af-S
1 1943
Nov
-
2.10s
-
38'/4
12
34%
—-
1933
1935
*107%
A-0
1952
1944
gen 4s
debentures
2.05s
109%
34
32%
M-S
certificates-,
t§AAtl & Birm 1st gtd 4s
Shell
.
104%
States Steel' Corp—
United
50
124%
44
31%
deposit—A
tASeaboard All Fla 6s A ctfs
A 6s
.
.
1945
,
83%
23
deposit—
series A—.
6s
cons
104'A
1053/4
108 Va
70
A-0
A-O
F-A
A-0
.
109 3/a
104 5/a
Ref mtge
A Ref gen
1950
1950
Oct 1949
1959
1075/a
1107a
8
■'
unstamped
31
106%
933/4
tSeaboard Air Line Ry—
§Alst gold 4s
1043%
t
923/4
,
.F-A
A-0
Af-S
M-N
.
1971
1003/4
109% 110%
92
J-D
.J-J
1947 7
1941
10.9'/8 109%
2
J-D
92
98
J-J
1st cons gold 4s_1968
fASt Paul E Gr Trk 1st 4%s
t§ASt P & K C Sh L gtd 4 %s
St Paul Union Depot 3'As B
109%
14%
1057a
198U
92
J-J
.
J-J
1127a
9%
103
97 Va
-
14%
J-J
1952
104% 104%
1103/a
•
— -
97'/a
123/4
64%
M-N
Nov 1989
104%
i,
.
14
—
109%
„
*60
—
r
—
1989
bond certificates
inc bond ctfs
J-J
,
*105
e
124%
w-.
♦107
64%
/
'
8 A 1st term & unifying 5s
AGen & ref gold 5s series A
St Paul & Duluth
''
Af-S
Louis-Southwestern Ry—
jSt
*—
F-A
23 ;.
27
83
—
*107
-—
1978
of deposit stpd——
A-C
RR—
grant 4s
1.125s
14
'7
J-J
4%s series A—
A Cons M
r
112% 112%
1945
104
58%
'
123/4
J-J
.
107%
'
*109
J-J
1950
1053/4
104'/a 104%
'
J-J
deposit—
106
106
A-0
100
46
—
*111%
32
deposit
5s series B
APrior lien
117
13-ti
*****
Af-S
1950
lien 4s A
116'/a
1971
92
1959
1955
5s stpd
—
*116'/a
—1970
•
--
M-N
1948
5s
St L Pub Serv
St L Rocky Mt & P
100
102%
1959
3s deb
United
43%
*124%
J-J
1933
100'/a
.
34-year 3'/aS deb
66
76
41
413/4
A-O
A-0
91
100%
2
,;•) 35-year 3'As deb
,
2d
877/a
2C
1053/4
101'A
98
*._
75%.
Pacific
1st
v
J-J
11
•
102% 102 %
1967
Calif
debentures
Union
103^ 1053/4
4
105 'A
M-S
MS
J-J
J-J
1966
37'/a
101% 1053/4
102%
8
14
103'/a
1947
1996
1990
76
213/4
M-N
•
Saguen&y Pwr Ltd 1st M 4'As
Grand Island 1st 4s
1st gold 5s_
62%
A-0
1st
2.50s
St Jos &
13
114
71
34%
1971
v
St Lawr & Adir
110'/a
99%
55
94
105% 1053/4
M-S
M-S
M-S
1934
1949
1941
1st 4%s
g§AR I Ark & Louis
27
94
93%
9 8'/a
J-D
J-J
A-O
1977
1967
1967
1969
D
98%
93%
93%
Af-N
Af-N
1949
& coll trust 4s A
cons
Roch Gas & El 4%s series
98'A
933/4
M-N
1st gtd 5s_'__1939
Grande West 1st gold 4s__1939
1033/4
88'A
'
F-A
ARio Grande June
e
J-J
3s
J-J
J-J
J-J
Remington
109% 110
109%
70%
1953
Union
A-0
1997
1997
4s
4%s series B
85%
U
R
Gen & ref
853A
67%
33%
Tri-Cont Corp 5s conv deb A
t§AUnion Elec Ry
Reading Co Jersey Cent coll
Gen & ref 4%s series A
67%
34
70%
112%
__
111'A 111%
111'A
50
85
222%
109%
„
148% 148%
85'A
84'A
33%
Union Electric Co of Mo 3%s
ref
&
1st
Public Service
*107%
83%
149%
—
112% 112%
112 '/a
J-J
M-N
J-J
J-O
A-0
1972
2037
2037
1968
68
108
"I
Buff
&
Ham
gold 4s_,.1946
Trenton Gas & Elec 1st gold 5s
1949
93 %
60
J-J
Louis
115%
85'A
A-0
Jan 1960
Cent ref & impt 33/4S—1960
& West 1st 4s
—1950
Ohio
St
Toronto
20%
\
Ave
AAdj income 5s
High
101%
115%
84
83%
M-S
Third
January 1
Low
No.
High
11
J-D
Pac Ter 5'As A_
Range Since
Sold
84%
" A-O
ref
Bonds
Friday's
115
'
—
&
Tex Pac Mo
106%
*no»/8
—
or
Sale Price Bid & Asked
Period
Low
Texas
99 %
162
99'/a
99
99%
M-N
Af-S
1957
1956
1968
108%
Week's Range
Last
Interest
Gen
J-J
tAProvidence Securities 4s
t A Providence Terminal 4s_Public Service El & Gas 3'As
lsi Si ref nilge 3s
,
1st & ref mlge 5s
7 Friday
Exchange
Gen
F-A
—.—1951
108 '/8 109 Va
Stock
High
107%
"120
M-S
J-J
J-J
1977
mortgage 3'As
Pressed Steel Car deb 5s
1st
Low
York
Week Ended Aug. 20
1
January
No.
High
New
Range Since
Sold
118%
Low
1st
Bonds
Friday's
Sale Price Bid & Asked
*
Pitts Young
BONDS
Week's Range
Friday
BONDS
New York
Monday, August 23, 1943
6
105%
1063/4
♦Friday's bid and asked prices;
106% 106 3%
66
105%
106%
sales being transacted during
ABonds selling flat.
no
•
*
current week.
Number 4205
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
•
753
NEW YORK CURB EXCHANGE
weekly
in
footnote
a
in which
week
the
in
York
Exchange
Curb
Week Ended
Last
,
Range
Aug. 20
Acme Wire
Aero
Co
B
Mfg
Aircraft
~7%
1
(N J)
Accessories
Investors
Air
•;':4
5
common
Inc
Associates
-
17
July
preferred
•-
Alabama
Southern
Great
Alabama
Power Co
9
Jan
8"% May
Bourjols
1%
Feb
4% May
Bowman-Biltmore
1%
Jan
27%
Jan
6,000
100
'.
1%
300
3
35%
Allied Intl Investing
Allied
Products
Class
A
conv
Breeze
72
Jan
Jan
114
July
105
July
Bridgeport
Apr
110
7;7,77-"
--
77
Apr
Class
1%
,50
4
Apr
26%
100
24
Jun
Jun
29
Aug
128
7%
Mar
105
Apr
23%
I
25
common
6'/a
26%
9
May
28% Mar
6%
Goods
Ltd
American
Box
Cities
American
—
Fork
American
Gas
American
Hoe
20%
Jan
4%
Jan
8 % May
$6
pfd
1%
1,000
%
Jan
2%
$6
pfd
%
2,300
%
Jan
300
12%
Jan
29
82
Jan
92%
Jun
Bruck Silk Mills Ltd
Jan
9%
Jun
Buckeye Pipe Line
*
150
15%
Jan
42
July
15%
Jan
37
July
86%
;
50
31
32%
200
2%
1,600
2%
41 %
1%
1%
Jan
2,000
1%
36%
Apr
Jan
Maracaibo
American
26%
27%
5%
6U0
36%
36%
200
Jan
38% July
50
33
Jan
42 %
100
13%
Jan
23'A
Jun
27*
27'A
250
20%
Jan
13
Jan
Feb
26%
50
25
Jan
80
Jan
88
100
34%
34%
87
87
;
1%
1
1%
23%
*
•
%
7,200
20%
400
23%
10%
10%
Seal-Kap
Superpower Corp common..*
common
11%
„
■
•
Callite
preferred
$fj series preferred
American Thread 5%
Writing
American
*
2
common
Fence
Post
Anchor
preferred
Paper
•
102% 103%
*
•
5
$6
1% July
57%
Jan
1
Apex-Elec Mig Co ■common—;—.———*
Appalachian Elec Pwr 4 % % pld—100
.
6%
2%
Jan
100
3%
Jan
4
Jan
5
Mar
2
Jan
5
May
2,300
1%
7 200
13
-
v.
8"%
v
130
97%
Jan
111
Jan
7.' 5%
6%
4%
7,000
1%
Jan
9%
3,000
8%
Jan
20%
6%
■f Atlas
Drop
Atlas
Fisheries
Coast
Forge
•_
5
——*
common..
Plywcod Corp
Automatic
Voting
Machine..
4%
Jan
V
Jun
7
Jan
300
July
8-
"l%
2
'L'im
1%
Feb
1
80
J in
Jan
Chamberlin
6%
Jun
Charis
40 % May
4%
Jan
8% July
%
Jan
2% July
Jan
8%
6
15%
200
Apr
5% July
4%
300
2%
Jan
4%
100
3%
Jan
6
9%
300
4 %
Jan
11
July
50
16%
Jan
22
Aug
300
5%
Jan
8
Jun
-:
21
21
6%
6%
6
2,100
4%,,
5
3,100
23%
3
1% ■ :■?
!%■
1%
Childs Co
60c
2,200
22
20%
19%
Jan
26
Baldwin
Barium
Barlow
$1.20
Basic
7%
Co
Rubber
&
Seelig
2%
Jan
7
May
1,050
29%
Jan
A
5
1
common
$1.50
'.;7v.
'
%
900
preferred..*
•
1
1
116 7
Aug
Jan
109
Aug
116
116
;.:7 20 7
i
102
15*15%
&
600
11
15
Elec
&
100
5
5%
%
100
116
116
94%'
94%
.7
1
;r
116
9
convertible preferred
20
1
common
Bell Tel of Canada
14
Jan 7
5%
4
Jan
1%
1,000
Apr
16
5%
•
•
•.
";V
J,
"2%
2%
Feb
7%
Jan
-
21% Mar
2%
600
110
2% Aug
115'/a
Jan
&
Hedges
Convertible
common
t
%
preferred
— —
•
■
■
Berkey & Gay Furniture
1
13
%
Colon
July
6% July
1% May
40
July
6
July
15% July
7%'
3
Co__5
1
13V4
13V4
100
common
Coal
13%'
13%
Birdsboro Steel Fdy & Mach Co com..*
Blauner's common
•
Bliss
Blue
$3
(E W)
1
common
optional convertible preferred
For footnotes
see
page
757.
•
8
.7
1,000
"125
14%
13
2%
13%
500
2
2%
5%
1
Jan
7.
26%
23
13
Colt's
87
1,950
22,100
84% Jun
8
.
.
77
July
% May
26 %
Aug
1,900
5 %
1,66
8
100
20
20
7
'7,;,:%;
33
35
275
14%
14
16
1,100
11%
11%
—.*
':
common
-
: '7
£1
Jan
%
Jan
July
13% July
6
Jan
10
Jan
9% July
16% Mar
Apr
Jan
3
May
Jan
50
July
/
:
25
preference
Water
1
*
1
Southern
1
•
'
•
5%
10%
100
t
Conn
$3
c
extended
2%
2%
Gas
Consolidated
Consol
G
E L P Bait
Co
common
4 %
6
Jan
7%
Jan
Mar
8
Mar
Jun
July
1% July
5% Apr
35
July
19% July
14
July
3% July
11%
Jun
Jan
7% July
Jan
5
600
3%
Feb
1,300
8%
3
T%
Jan
250
47% May
570
Jan
24
55%
3/64
.600
Apr
10% July
4
July
55%
300
14
%
800
33a
Jan
10%
15C
77%
Jan
v
Feb
•'
Jan
-
/ •'' r--*
-W
I—1
66 %
sx
1%
67
1,800
% May
Apr
Jan
27%
Jan
5%
100
109%
109
109%
5C
1
4%
4
4%
800
Jan
Jun
Jan
67
July
Jan
121
Jus
103%
Jan
110% Jun
2
Jan
56%
111
..100
Apr
11% July
%
:lL'
Mar
July
22
2%
:
;
66%
July
26%
_.;
.
59
1/64 Jan
21V2
B preferred
series
5% Apr
28% May
v
4
preferred series C
Gas Utilities
4%%
22
Jan
10%
'
■
Consolidated
Feb
21%
•
•
%
8
.
«
Biscuit
13
8% May
3/64
—
:
l
Jun
Jan
Jan
4%
%
'
.
1946
& Coke Secur common.
88
52%
53%
1
preferred
Apr
7
Jun
1%
1,800
6
50%
50
'•',7-*
25
to
Aug
2
i-W- ■-'
,
v77 8%
50
♦-* O O
Service
.
20C
Compo Shoe Machinery—
V
Jun
96
'""V
warrants—
Service
ij'
8%
,1
11%
••
10%
■
warrants-
ft"'*!.-.
■
7
..
ordinary
't
96%
900
''v; Li.'
L-*
-100
Arms
11%
Jan
Jau
6%
H~I*
Electric—
4% Jan
48
73
•
—
&
Jan
10
83
*
...
Public
51%
600
18% May
98% Jun
76
4
Co
Jan
9%
83
....1
Inc....:
Co
&
Gas
Community
Jan
Jan
Mar
9
3%
15%
87
7 9
Mfg.l
Corp
Fire
Patent
Columbia
Commonwealth
42
10%
ft Jan
100
91%
13
Illuminating-
Colorado Fuel & Iron
Apr
45
37%
104'/a Aug
Jan
400
7:14 % Aug
Jan
7%
Aug
7 % May
Jan
80
7%
23
8
Jan
Jan
64%
•
*
10
Airlines
Mar
Jan
3,300
4%
0%
50
77 ft
Feb
1% May
10% May
Jan
250
10
—
6% preferred
Colonial
July
3%
200
J- '•
1
common
Ridge Corp
8
106
"'
80%
80
1
$7 preferred
Utensil
Plow
5
1 %
<
Apr
ft Jan
7%
Aug
97% July
9% Mar
Jan
/
104% 104%
104%
*
•
Development
25
Jan
9% Mar
Jan
7%
4%
10
5
25
5
4
*
Electric
136
33
600
Bickfords Inc
84%
2,200
2,900
100
P & L
Aluminum
Club
Apr
35 %
•
July
116
114% Jan
102
8%
Mining
& Lambert
Community
Benson
Feb
10 7
40°
%
"
131
131
100
Jan
3%
100
5%
•
.
4%
Jan
80
94%
9%
7-8%
1
July
Jan
;
'
50c
Utilities
20
Jan
•;
io;
1
West
Lights
Neon
Cockshutt
9%
——
10
common
Aircraft
14
~6oo
2%
6
100
Co—:
Jun
Jan
"15%
11
.
1%; "5%;
3%
:
pfd__100
pfd
7%
July
13
6%
•
Products
Jun
R %
'
1
com
18%
Jan
Feb
.,7
7% preferred.100
Light
7%
■
...10
*
Metal Weather Strip
Clinchfield
7% May
3Va
Jan
Apr
49;; July
Jan
Cleveland Tractor common
39% July
Jan
7%
Mar
6
'
1
Ties
Mills Inc
14
14
100
1st preferred
Bellanca
2
*
common
Brummel
3%
'
•
2
1
Inc
Refractories
Beaunit
38%
23% May
Jan
preferred
Cleveland
Mfg—
convertible
(L)
37%
37%
1
common
Steel
Stainless
Baumann
Beau
30
preferred
7%
5%
13% Mar
.
38%
Power 5%
Steel
Service
Clayton
4%
Jan
Mar
106%
preferred
preferred B
preferred BB
Claude
Jun
4.600
Baldwin Locomotive—
4%
2% May
tt Jan
22
♦
preferred
City Auto Stamping
City & Suburban Homes
22
July
9%
20
•
Jun
145
■
-
common
4
July
♦
Cities Service common..
7 $6
b
Co
7 Jan
1,000
•
$6
warants for
Jun
4% July
145
1
:
Corp common
Cities
Purchase
27%
Feb
7< 3 % Jan
Jun
$6
Babcock & Wilcox
Apr
6% July
1%, Jan
•
A
Gas
Consolidated
Chief
5%.
.4%
25
Cherry-Burrell common
Chesebrough Mfg
Chicago Flexible Shaft Co
Chicago Rivet & Mach
23% July
Feb
4%
^6%
Aug
6%
*
A'rcraft
Cessna
111%
Mar
4 %
1%
7
Jan
5
America
South
&
Central
May
Jan
r-
9
Jan
1%
.*
New York
Ohio
Jan
•
Apr
3%
1,200
■■
Alcohol—
Central Maine Power
Power
3%
20
-■
4'A July
5% Mar
Feb
Apr
%
100
Hudson
Central
Central
28%
■'
20
20
% Jan
3V4
%
1
& Co
Central
300
•
Jan
ft
2%
6%% pfd__100
Foundry Ltd—
of
Corp
ft May
Feb
Feb
-'7 4,200
8
-
1%
:
900
10
common..
Jun
8
8,200
6%
400
3%
31% May
1% Jun
Co Ltd
12% Jan
Apr
109
'
.
5
Collieries
Patoka
Ayrshire
10
Jan
69%
6
1%
3%
13% May
Apr
25
3%
Jun
Jan
9%
1,100
July
Products
%
6%
97
150
-7
3 %
Assn
Co common
(A M)
Central
25
1
Avery (B F) & Sons common;.,
6% preferred
Corp
(J W)
Castle
7
—1
—*
Products.
Automatic
Carrier
Carter
10% July
Catalin
Coast Line
12
.
Casco
1%
6% preferred.,—100
:
-.
1
Co
—:
50
Atlantic Rayon Corp..
—t
1
Atlas Corp warrants—
,
*
■
Atlantic
Jan-
94
12
20
preferred
$6
97% Aug
Atlanta Gas Light
93%
£1
pfd
Carolina Power & Light $7
21% July
Associated Tel & Tel class A—
Atlantic
82 •
Mar
Apr
common
Apr
pfd._100
93%
*
Co
Jan
12%
6%-
16% May
1%
Corp
class
Co
&
88%
1
Birm & Coast RR Co
'
5%
6%
Jan
1%
Products
City
10%
—
;
10%
Jan
voting
Ltd—
10
,
14%
Jan
voting
non
800
97%
19%
10
t.
Class B
Jun
3%
97%
Jan
7
Industries
Carnation
Jun
19%
7%
..
50o
preferred
Capital
Aug
1%
A
B
Carman
Jun
1,000
97%
14
50o
common
Canadian Marconi...
Jan
4%
9%
3%
Aro
Atlanta
Jan
110%
Arkansas Power &• Light $7 preferred.*
;
*
2%
15%
771% Jan
200
...
3%-
110
3%
10
:
3%
•
May
6% Feb
800
'•
1%
Power
Industrial
.Class
7%
May
2%
1%
"
25o
Insurance
Car &
Canadian
17% July
700
1,000
Equipment Corp new-7-j.—^__2.50
at; Metal Works common
5
Ashland Oil & •'Refining Co
1
7 Associated Breweries Of Canada
♦
Associated Electric Industries—
American dep rects reg
—£1
'. Associated Laundries of America
•
•
v
July
3%
110%
common....—_*
non-voting.—
'*
class A
preferred
Common
'
104
3%
12-
14
rets
dep rets 5%
Cement
Canadian
J2 May
Jan
Jan
3%
Ti%
Arkansas Natural Gas
„v
ja
60
12%
3
"
May
17
Jan
•
participating preferred
7%
13% July
3%
Angostu ra-W upperman
2
Jan
3,200
"9%
x9%
2.50
certificates
Fire
Canada
7/ 5 Va May
12%
7
Jan
1,600
5
12%c
Electric
Canadian
Jun
"3%
13%
.
common
Tungsten
Camden
Class
1st
1%
1%
14 %
V
25
•
Sugar Estate
California
24% May
Jen
Jan
9,000
175
1%
1
Aug
108% July
Wireless—
Calamba
May
5%
100
%
%;;
Jan
5
Sullivan
trust
&
American
Apr
2%
1,600
4%
4%-
Jan
-Jan
45
—2
Cables
39% May
10
1,900
80
5%
500
"
& East Power—
Corp Am dep
Voting
7
,'.v 28
July
19% July
25%
18%
26%
Apr
18
102
common
Cable Electric Products
Aug
19'A
18%
July
Jan
Aug
*
Burry Biscuit Corp
(P A)
15
102
preferred
$3
Jan
Mar
6% July
Jan
41%
18%
American
Burma
12%
1%
12
300
*
Co common
&
12
5% Aug
4 % July
1% Feb
800
.
July
Jan
19'A
26%
American
112
Jan
3%
27
Zio
Aug
July
29% July
41'/a
*.
Inc
Butler
Jun
19%
.25
Republics—.—
American
17%
28 Va
v
& Chemical
Potash
American
Jan
93 %
~1
$5
14%
1
preferred
1st
preferred
Burco
July
19%
5,800
5%
10c
Co
American Meter Co
(E L)
3%
14%
3%
1
(assented)
(unassented)
Bunker.Hill
3'A May
100
common
18
16
;
3%
•
$1,60
47% July
%
12
-—
Co
Bruce
July
3% July
ft Jan
10s
common
preferred
Brown Rubber Co
% May
4,200
42
100
Mfg
Jun
45
100
preferred
American
dep rets ord reg
Brown Forman Distillers
Mar
37%
41 %
.20
Laundry Mach
;
American Light & Trac common— .25
Jan
Jan
*
28
2%
25
100
18
£1
100
%
—1
12%
11%
16%
£1
reg—
Fence & Wire
A
July
18% July
Jan
Ltd—
220
33
May
33
5%
American
6%
ord
rets
Celanese
Class
Apr
75
Jan
14% Jan
7%
31
Hard Rubber Co....
American
dep
Brown
2% July
1%
ft Feb
:■
Aug
7% May
30%
28%
27 %
36%
100
8% Aug
119
Jan
•
Co
Mar
86%
—1
1%
2%
Tobacco—
dep rects ord bearer
Buffalo Niagara
convertible
Jan
,1,300
•
Oil
1%
27%
61
5%
12% May
Mar
%•
.10
90
116
5%.
7
10% Mar
120
36%
common..
Jan
44%
108
35%
...
Corp
Jan
2
Jun
•
A
Amer
3%
3,100
1%
Jan
35%
preferred.....
$2.50 convertible preferred..
$2
Apr
X91
5%
Jan
III
Electric—
&
General
10%
Jan
94
•
Jan
86
common—
preferred
American
;
Am
Am
2,400
4
~7%" "5%
"7%
A
7%
Power warrants-
&
7% Mar
103%
28
•
..10
non-voting
12% May
150
..10
class A
Cyanamid
B
American Foreign
Jan
27%
27%
...1
American
7%
600
1,500
..25
A
Class B
2,600
1%
94
105% 106
..25
A
11%
3%.
100
American
British
& Light—
Power
class
Convertible
10%
3%
75/a
•
TV
Mfg
Central
American
10%
1%
90%
92%'
106
.10c
;
Jan
Co common
American
17'A Aug
common- —I
B
11%
•
Mfg
Class
Apr
Mar.
3,800
B
British
115% July
Jan
.100
Co
preferred
7. $5.50 prior preferred.
.
Jan
13%
•
$3
4% %
106%
100
17%
...1
Co
Board
class
Common
Class
800
17%
Capital class A common., .100
American
Class
112% 113%
17'A
100
—
.
Book
American
,
112V2
6
American Beverage common...
.
3,450
common
common
preferred
6%
108'/2
*
Mfg—
Aluminum Industries
Aluminium
106
100
preferred
Aluminum
'!
106
common
9
2
23%
•
A
British
Aluminum Co
Jan
•
preferred
Brillo
Jan
21%
100
class
Jan
%
500
20%
Machine
Preferred
--
ft
2%
l'7;v7lT7'
21
Bridgeport Gas Light Co
Jan
Corp
82% July
28% May
9
July
% Feb
1
102
Brill
Jan
1
common
Aeronautical
10
110
15% July
11% July
Apr
•
& Pwr
20
•
10
«
Corp
Brewster
1
$3 conv pfd
(Mich)
Traction Lgt
Brazilian
93% May
46
Jan
•
150
91%
Feb
10
74
100
preferred
114
87%
74
•
common
preferred
1st
2d
102
87
Jan
3%
*
114
~«7'
100
common
Inc
102
.
•
*
'
7% preferred
Fisher Inc
$5
3% July
Jan
Allegheny Ludlum Steel—
Alles &
7%
Jun
ft May
1/64 Mar
2,000
32
32
Borne
3% July
v
6
100
25
Jan
5
'
Low
400
8%
6
Scrymser Co
5V2
100
July
Range Since January 1
12%
8%
8%
•
Shares
High
12
•
100
200
2%
Low
1st preferred
7%
7%
:•
27/8
50
preferred"
$7
preferred
$6
& Co
Co common
5% May
4
32; *
3
3
Appliance
Electric
Air-Way
(S)
C)
(H
Aug
"
__
Warrants
Bohack
4
2%
10
Blumenthal
Apr
21%
■
Convertible
Jun
24
Feb
20
—.
300
3%
27/s
•
7
7%
3%
2
7.
for Week
Range
of Prices
Par
4%
7
7
50c
Corp
common
7^^,
.
1
„
Ainsworth
Air
1
Supply Mfg class A
Class
30
22
22
10
common
Last
Sale Price
20
Sales
Week's
Friday
Exchange
Week Ended Aug.
High
Low
High
Low
Par
Curb
York
New
Range Since January 1
Shares
of Prices
Sale Price
STOCKS
Sales
for Week
Week's
Friday
STOCKS
New
Saturday,
on
It is compiled entirely from the daily reports of the Curb Exchange itself, and is intended
bond, in which any dealings have occurred during the current year.
security, whether stock or
to include every
range are shown
Friday (Aug. 20, 1943).
present
the
ending
and
14
week, and when selling outside the regular weekly
York Curb Exchange for the week beginning
extensive list we furnish a complete record of the transactions on the New
In the following
Aug.
record
yearly
and
sales are disregarded in the week's range unless they are the only transactions of the
they occur. No account is taken of such sales in computing the range for the year.
and deferred delivery
NOTICE—Cash
5
Jun
THE COMMERCIAL & FINANCIAL
7 b*
STOCKS
New
York
Curb
Week Ended
Week's
Mining & Smelt
Consolidated
Retail
8%
of Prices '
Low
Consolidated
Steel
Textile
38%
200
6'/a
6%
6%
500
100
Royalty
Low
37%
1
preferred
Oil
Corp
31
107
2%
200
9
9%
1,000
3%
3%
200
•
10c
prior
General
73% July
Jan
General
Jan
107
Jan
1 %
Jan
53/4
Jan
10% May
4
Range Co
Cornucopia Gold Mines
11
38%
38%
100
5%
6%
800
;. 200
$6
July
t—nm
& Reynolds
preferred A
common
_—1
2%
50
21%
21%
Courtaulds Ltd—
American
8%
Jan
Jan
W
Jan
Apr
8
-%
79
Jan
bvb
•2%
800
22
13%
,
V
26%
28%
Jan
153/4
5,800
Jan
9
y2% July
1
%
itf
•
5
03 %
"4%
Co
7,000
'
,
.
a7?
900
Jan
Jan
Crown
"ft
A
Jan
Drug Co common
preferred
Oil Refining common
preferred
$6
1%
25o
convertible
25
Crystal
Atlantic
Sugar
Cuban
Tobacco
common
•
Curtis
Lighting Inc
Mfg Co (Mo)
Darby
Petroleum
17%
19%
17%
12,300
—.
," 'V
'
2.50
common
24
,
Apr
Grocery
Jun
Gulf States
Apr
;V
May
3
,
10
Utilities
common—25c
$5.50
pfd—
v
July
Mar
Products
Davenport Hosiery Mills
Dayton Rubber Mfg
Class
A
convertible—
35
Dejay Stores—
Dennison
J.
5
$6 prior preferred
8%
debenture
Derby Oil & Refining Corp com
A convertible preferred
—
Detroit
Gray Iron
Detroit
Mich
Stove
Steel
7%
Co
Jan
33
Apr
6
100
6
3%
2,800
71
3%
V:
'&■
Co
Truck
Co
~4%
100
12
100
1
1
3%
19
19
79 3/a
Apr
19%
Apr
Mar
3/4
Jan
14%
Jan
Jun
1
5%
-
Jun
33/4
1
5%
21%
Dominion
Steel
25
7%
7
Jan
Durham
•
76%
76%
10
Co
29 %
29%
•
Hosiery
Duro Test Corp
Duval
5%
Texas
class B
78
71
Eagle
Picher
Gas
&
Lead
Fuel
;
Assoc
common
•
Jan
78
Jan
31%
76
11%
6%
Eastern
Malleable
Eastern
States
Iron
11%
2%
Jan
1%
Jan
:v/:v 8
1,500
2%
100
2%
300
55
55
55%
225
33
•
33
34%
Jan
Aug
.
•
$6 preferred
L-'b
♦
series A
■
series B
Eastern
$5
t
v
Washing
!..
c
Machine
1 v,/
B
Electric
Bond
&
$5
Jan
19%
Jan
38%
Jan
Share
common
preferred
%
23%
300
10%
Jon
23%
23%
25
10%
Jan
Electric
Light 2d pfd A
-
Co
Corp.._
Elgin National Watch Co
Derrick
&
Equipment
4
7%
42
A)
C)
Co
&
Co
common
2
Jan
__
49
52%
500
__
1%
30
7%
Jan
Feb
26
300
93%
Oil
&
9
30%
Fairchild
Engine & Airplane
Falstaff
__1
Brewing
1
Fansteel
I
Metallurgical
Fedders Mfg Co
Fire
Association
Florida
Power
Ford Motor
Am
Ford
9 %
May
Feb
96
40
6,400
31%
6%
16
200
4%
;
22%
5
(Phila)
&
10
Light $7 pre'erred..*:-
dep rets ord
Class
A
Class
of
£1
reg
Canada—
15%
600
•
Jan
7
35
•
•
of
Jan
—
68
103%
rets
5%;
8% :
1,400
7%
1,700
1%
Jan
100
7%
Jan
12
19
19%
43/4
.
600
20
5%
68
3%
19%
—
19%
193/a
—
i
81%
Jan
3%
Jan
.153/4
300
—
163/4
..
Co
Froedtert
Conv
Fuller
Grain
Malt
&
1
1
39
—
18%
39
;•**. 3
3
100
;
17
18%
20
20
July
6%
Jun
70% July
1033/4 Aug
6
May
20%
Apr
12
12
50
22
Jun
3
lib:
27
General
15C
Jan
Jan
15
Mar
Jan
44
' Apr
45
•
Jan
64
July
7% Mar
68%
"•
1%
1%
200
•
%
1%
900
Gen
Gas
f
f-
For
&
Elec $6
footnotes
preferred B
see
page
757.
—
21%
9%
Jun
Jan
27 %
July
7%
20C
20C
9%
Jan
14% July
15% Jun
17%
21
/
Jan
24%
Jan
6%
250
>•>',
May
15 5/a
Jan
2,100
.-17%
Jun
32% July
10 Va
173/a Aug
29%
v-
,l25%
112
^
J,
b
Apr
25
Jun
34
Jan
Mar
3% May
50
v
4%
6%
Apr
Apr
115 %
Aug
14%
Jan
20%
Jun
Jan
78 vA Apr
3
'
Jan
100
r-100.
6%
1%
50
.
6%
1,100
b
21
•'
v
:> 8%
-.
•
8'A
100
v
5 % Mar
j
Apr
8% July
Apr
2
Jan
l1'
8'A
■.
ft Jan
8
•
~
b'
Jun
Mar
27%
60 "*
250
-
105
Feb
108%
1,800
.1%
21
23%
80
18i/4
70%
4%';b 4%
-
—
,
112%
69%
__
,
i-'
25V2
47..•
■
r
Jan
22% : Jun
Jan
33/4
Jan
3%
3%
200
1
.5 36%
36%
1,200
25
4%
Jun
9%
Jun
4%
-
Jan
.7%>b::- ;v'6% A-7%
3,200
3
b Jan
__
36V*
of
Great
-f-
—
*
14
Britain
'
vv
Jun
c
common
,.b
14%147/e
14%
$3.50
--
Int Minerals
Machine—
Industries
& Chem
International
Registered
Inc
2*'
•
^
1"
'
;
77A
3%
20%
—
%
Jan
Jan
35 Ov
69%
Feb
700
12 Vb
Jan
,16%
1,700
2%
Jan
11% May
5 i May
%
300
Home
Hosiery
8
8'A
9,800
200
1
y
—
y
8
%.
500
8,
14
150
Equipment
•
Jan
3%
Jan
21
32'
12
July
A «Jun
19% July
Jan
2
Jun
1% May
tV Jan
Jan
July
9%
45
Aug
July
3%
50
21%
Feb
24%
Jun
100
1%
Jan
4%
Apr
—
Mills
14% July
10% July
21% July
Jan
Jan
7%
:;••• v-'
Jan
% Mar
1,200
fe
-*
'L*
Jan
Jun
Aug
13%
200
1
prior preferred.
Interstate
1%
200
—
6%
1
Jan
Aug
July
,'40
July
1% July
.38% July
86
July
15%
-8% -r 9
18% 19%
18% 187/s
18%
shs__•
Aug
38 %
32 >U
—
7 b
24
110 3,4
83
.
—
Jan
' Jan
Feb
;
400
*
742%
42.% 43'A
—1
?
•
...v24% 24%
Interstate Power $7 preferred—3%
3%
Investors
Royalty—!•-—
1
.1 •
v••• V2%
Iron Fireman Mfg voting trust ctfs___• < •
18% ,c l8 iv 19
Irving Air Chute
b
-1
*8%
8% y 8%
Italian Superpower A
•
l'A-.- 1%,
yyvv;.
' ;|y.-'yb^'-A.'y-b bb'-.V'^bbb^bbb-b'^bb'^'^bv --'A$3.50
Interstate
Apr
73/4 July
15% July
15% July
10% July
275
14% 167"
•
■'''
7%
8 Va
3'A'y 3'A
;
.
__
*
*
—
nrpfprrpd
Jan
.16%
£
1%
-10
B—
71!.
;
91
20
—
82%
—*
Products
Safety Razor B
International Utility class A
Class
:b:
82%
1
shares
--
:
•
r
10
—
%30%
.5.0
coupon
Jan
93/a
16%
—
=
Corp warrants..
Petroleum
10
9% Jan
110 "110
i'/a
29%
Industries A
Metal
900
;^b: .r~
—
■
10
series
800
..
'-i '
.1
100
America
9% Jan
5 % Mar
V13%
;
—
100
t
:
100
'I
—Vy,
•.
38% July
8% May
&
£1
v
11%
-
—
w /
•
....5
preferred.100
preferred.
100
of North
International
*
11%
•
1,K
£1
preferred
International
Aircraft Engine
Jacobs
.
—-.1
Co
>V
.4%
700
%
625
14%
Jan
21
100
7%
Jan
10%
800
Va
Jan
(PL)
Co—b—
—-1
500
4%
.4%
.•
;5%. by i 5 i.'-.A.5 Va
-*
2% a:,2%< 2%
Jersey Central Pwr & Lt 5 % % pfd—100 ?•
85 Vz ..,' 85% 85 V2
6%
preferred.^.J—r_
100 -t%'<».;.95%V'=95%^
1%
preferred
100
101% •, 100
101%
Julian & Kokenge Co——
—-•
Jacobs
Jeannette Glass C04'-
1
Jan
10
Feb
Jan
A July
,
July
Apr
2
Jun
6
July
Jan
•6%
Jun
1
Jan
2%
Jun
,-:-7 25
66
.
Jan
2%
Jun
Keith
Jan
1% May
7%
Jan
Jan
13% July
4 % May
7%
Feb
8% July
14%
99
15
200
13%
Jan
97
99
120
90
Apr
16%
107
Apr
Mar
.
Jan
30
■a*:
69%
60
79Jan;
13%
Jan
Jan
.,85% Aug
95% Aug
102 7
Aug
.17% May
K
Kansas Gas & Elec 7%
%
,
4% Aug
2%
600
2,100
•
:
July
82% July
2
*
•
Jan
22%
ii '1".
26
•>
—
-
:
preferred
(Geo
El
Co—
preferred—100
115%
Jan
123
May
100
20%
Jan
40
July
,
1st preferred—
Kennedy's
£1
Fireproofing common—III"
Jan
■
July
7% Apr
11% May
11% May
6'
9%
,
•
Cigar
9%
"
General Finance
Corp common—ZZZZ-l
5% preferred series A_
io
General
Jan
9
>
May
46
Jan
6%
11%
"21%
r
-
4V*
6
Aug
18% Aug
22% July
9
—III100
~
Alloys Co
31*
■
100
,.
Gen Electric Co Ltd—
Amer dep rets ord
reg
4% May
1,35c /
—
II"7
'11
Jan
'Jan
4% Mar
29
Gatineau Power Co common
X33 % May
Jun
39
Jan
19%
100
5%
preferred
Gellman Mfg Co common
Jan
1%
b'*'•
—
11% Mar
1,350
—
preferred
Jan
Mar
2%
100
1
$3 conv stock
15
100
15
participating preferred
2% May
Jan
•
5
...
common
(Geo A) Co
convertible
Mar
-
Jan
1% Mar
'
Brewing Co
Distilling
IV4 Aug
•:<
6%
'"25%
' 'i-b- v
7769% •
b
Hydro Electric—
July
24
Jan
bearer
Franklin
3
13
Jan
57%
600
5%
10% Mar
/
Jan
325
68
103% 1033/4
5%
10
3,200
July
3%
"t-Vb'-.V
•
1
50
Co
Tobacco
Preferred
Jun
17% May
Jan
2% .;.
2%
France—
dep
(Peter)
4%
19
8 3/a
2
May
May
10 c
-A
27
__
•
preierred..—
International
12
Jun
50
y*
.
voting
B
2%
25
10c
<
.5
International
May
5%
33% July
;
non-voting
Motor
Amer
Pox
•
8%
__
^
International
l3/4 July
Jan
Zinc
Insurance Co
123/4 May
Jan
2%
'
—'
143/4
JanJan
25%
600
v
T
Feb
Jan
A Jan
•
65,8
—
1%
July
200
Jan
"J'sb-v
>
._5
Power,-flo..
Industrial Finance
May
Mar
13/B
•
Co Ltd—
Motor
Ford
1
__
115% July
5"% Jun
'
42
;
II
9%
certificates
International
Aviation
4% Mar
'
*37/8- * 3"%
.
1
—
7%
Jun
Jan
88
11%
7
■
•
.
Indiana Service 6%
.
Fairchild
107% Mar
.'
'.1
"
-
—
Indianapolis P & L 5%%
July
Jan
4%
Iowa
convertible
Ireland'
May
29
1%
"
__
Apr
Jan
4% May
110% July
19%
bs25%
—.5
Refining
arrear
Imperial
July
2 3/a
10
103/4
4%
■
Mar
,10
Jan
103 Va Mar
Imperial Tobacco of: Canada^...
81% Aug
62
aT2
,
100
7%
31
1
1
;
2.1+ '
..1
;
Jan
Jan.
7
5%
50
common
650
-
93%
10c
common
433/4
11,700
b* vb
1
'
.5
.
;
36
Jan
102%
1%
—
11
•
(Harvey) Inc...
Illinois
76% Aug
3/4
•-,b.T %
v
•
J
Imperial Chemical Industries—
Am dep rets regis
Imperial Oil (Can) coupon
Registered
!
9% May
Jan
7%
85% July
July
140
5%
1%
'.
IOC
—"v..v'
11
preferred—.100
Div
Jun
42
30
;
1.
Jan
•
_•
common
Hardart
5%
133/4 July
1,300
.
Apr
8% July
27%
20C
—17'
•
(Geo
&
Illinois
Apr
6%
Apr
21,100
•
Inc
Eversharp Inc
Jan
73/4
.15
preferred
Pipe Line
Jan
23/4
81%
100
common
convertible
'31%
300
76%
1
Electric Mfg
Empire District Electric 6% pfd
Empire Power participating stock
Equity Corp
360
5
-A
•' C_""
•
common
Hygrade Food Products
July
29% July
79%
%
'Emerson
Esquire
•
67% Mar
127% Mar
5
Inc
(A
5%
30
74
warrants
Electrographic
Eureka
7%
/-
;;
5%
b
Jun
81%
*
Power &
Option
38%
12
5
Jan
:\
5C
*
"6%
' ^
2.50
common
Humble
July
1% May
Jan
4%
_
Jun
Jan
3'A
26
20
ji,''
•
preferred
$6
$3
42
200
37%
__
29
20c;
-
.
27/a May
593/4 Apr
%
•
Economy Grocery Stores
Emsco
/
Jan
v";>
»■
common
Hubbell
13% May
Sugar Associates—
preferred
Easy
Jan
Jan
23%
"2
™
y
Horn & Hardart Baking Co....
Horn
3/ July
ll7/a Apr
ii
-
%
->
Aug
July
'
.5
Horn
4'v Mar
*
7%
675
25
Corp
$7 preferred
July
4 %
56
275
7b
2
Hussmann Ligonier Co
_•
Huyler's common...^.......—...—.1
V t c for 1st preferred
.1
Hydro-Electric Securities..
11%
•
100
prior preferred
preferred
31
'
Feb
35C
—
10
Hormel
Apr
/V
•
Jan
Jun
Mar
% May
July
13/b
"7.81%
i
25
& Co class A—
Holophane
Jun
Jan
200
—
10 '
.
31
Apr
July
108
J an
- .135 b'135'.b
7;x32.b; 33
"•<*—'li-1
:•
common.
Rubber
(R)
Horder's
93/4 July
56%
25
•
4%%
Jan
da
4%
;•
Hun^mei-Ross Fibre Corp
East
96
"
'27
b
.1 vi'/,.;;.
Hollinger Consolidated ,G M....;
Jan
66
50
71
r2% ~2%
1
_
: —*
1C.
May
17%
Co
Heyden Chemical
9"% May
21 %
24
125
29%
,
•
common
common
Sulphur
200
Co
Hewitt
Jun
Jan
Corp
81
.1
Class A.—:
Hoe
Aug
Jan
•
12
Jan
common
Harris
12%
v'
Henry Holt & Co participating A_
103/4 Mar
9
voting trust ctfs
Preferred
303/4 Mar
•
Duke Power Co
40
Jan
80C
jty/'iiK.),-:
b*
25
...
Rubenstein.
Heller
19% May
24
600
Bridge Co Ltd
Driver
18%
Jan
5%
,
of America B non-vot com—1
Corp.
Hearn Dept Stores common.,..
...5
6% convertible preferred
50
Hecla Mining Co
256
■V
4% May
Dominion
Draper
Jan
26%
10
Light
Brewing
Helena
1% Mar
Jan
2
Ibv' vMw.'
'
Jun
13
18
10
& Coal B
12%
100
__bb,b/b .7%/V,7%vb
7"v-.-74 *77': 4
c_i'b .7
7^ C__ 7, ■
'b"b —b;'A-AA
Hat Corp
5% July
Jan
Jan
103A Mar
19%
10
common
July
9% Aug
3%
■:
Hazeltine
Mar
Jan
Rayon
Harvai-d
—_5
Paper.'.
Electric
Hartford
July
1%
400
10
51 y2
Feb
200
V,
8"%
b;
Co—
Hartford
Jun
111
Feb
Lamp
Hammermill
Aug
4%
72
62%
100
3%
6
Jan
Jan
x8%
-•
v
1
common
common
Divco-Twin
"4%
12
183/4 July
Jan
Jan
110
—
:
Dobeckmun
1%
50
20
J
common.
Shoe
24%
8%
20
Foundry
preferred—
Diamond
20
•
Products
Detroit
Jun
32%
Hall
Aug
19%
3
•
De Vilbiss
22
Jan
71
1
&
Mfg
preferred—
6%
Jan
113/4
200
100
Detroit
Gasket
15
350
3
50
100
17
6
common—
;
Mfg class A
22
16%
31
16%
9"% May
Jan
H
17%
22
•
July
2,900
16%
38 %
Mar
16%
1
98
13
__
—
D
5
common
July,
111% Aug
Jan
4%
I
"7
$6 preferred..
•
Gypsum Lime & Aldbastine—
.
;
3'%
2
9
——
Stores
4%
45
,
bb—
_•
__
15%
22%
V 42
Jan
89% Jan
20C
July
22%
25
Feb
76
aan
100
b__ £1:
'*!" b
Paper.
Feb
>M% Feb
'
b
-.v.
100
Greenfield Tap & Die.
Northern
7% Aug
A3!
•
preferred,
Great
Apr
Jan
—
.
6
'
'•
v-»"
1st
Tea—
stock
Ml
r
5
1%
Feb
1 %
Jan
7.:; .112 V Jun
700
*.
10
Pacific
Jan
5C
8%
8%'.
...
,'v
—
Co__.
&
Jan
3%
40C
<
9%
8
.".v.
•
;•
common
May
527/a
103%
>,
IOC
b/"v..":bb 105% 105%
b^v'b";-: &b'V A
•
1
Atlantic
>
8%
50
A
common
Non-voting
2% Aug
Jan
%
i
5
Curtis
200
10
Cuban
14
,19% Jan
%
'
1
Great
2 %
!
Apr
11Apr
5
Mfg
40%
8%
1
Gray
9 % July
2% : ,. 18,800
..
•
Mines
Grand Rapids Varnish
4% July
6% Mar
Mfg
May
b'" —tb'
•
.
class
preferred
Gorham
4% July
2%
•
$3
7%
39%
9%
•
Mfg Co
Gorham Inc
v,v
H May
1%
.;
'
International
July
297/a July
10% July
2
50
7%
_•
15%
vb" 15%
A—38%
Consolidated
July
% May
% Jan
—+
.
preferred—
Goodman
Crowley Milner & Co
Cent Petrol
(Md)
Cork
$7
64
90
,,f
•
Goldfield
75
Jan
111
111%
111% 111%
..1"b
•
•
26% July
Jan
20C
_•
common
_
Co
61
30
1%
,109
,
40%
,•
•
Godchaux Sugars class
Class
B——
3 % May
Jan
:i
High
30
30
b.
60 %
..73% ' 73%
"
"
„•
Jun
90%
13 Jan
125
53/a
26%
5
Crown
Crown
—
2% May
Jun
Jan
10
Liquidating Co
Brewing
J
Gladding McBean & Co
Glen Alden Coal—.b_
107/a
Apr
irnii
r
(AC)
Preferred
Gilchrist
,
Petroleum
Croft
109
common
Low
(b
75
"
1%
'
•
Range Since January 1
...
1
com
pfd A—100
Shares
High
72%
60
__
preferred
preferred
Gilbert
Apr
77/a May
Low
__
Rubber 6%
&
preferred
$5
41
43/4
■
C
Tire
Sales
for Week
Range
of Prices
75
,.
f
•
Georgia Power $6 preferred
July
15% Mar
373/4" Jan
receipts (ord reg)__£l
dep
11
$3
15% Mar
Jan
aa
85%
; 23/a
preferred
Petroleum
convertible
convertible
General
Aug
Jan
'
.
85%
98
9
•.
1
•
Jan
9%
500
*
Corroon
Creole
10%
10%
5c
Inc
5%
10
«...
•
»•
-*
$3 prior preference
Copper
Cosden
10 V
10%
76
"v
c
Outdoor Adv 6% pfd
100
Public Service $6 preferred—•
Rayon Co A stock
General Shareholdings Corp
Week's
Last
Sale Price
General
2% May
3% Aug
120
*
Cooper-Bessemer common
$6
98
1
Cook Paint & Varnish Co
Corox
97
100
Steel
&
Friday
Exchange
Gen Water Gas & Electric
preferred
Continental Roll
Curb
Par
Mar
41
Continental Gas & Electric Co—
7%
York
Week Ended Aug. 20
High
Jan
3%
1
2
10
Co
Range Since January 1
High
38 %
Monday, August 23, 1943
STOCKS
New
Shares
5
Ltd
Stores
Consolidated
Consol
for Week
Last
Sale Price
Par
Consolidated
Sales
Range
Friday
Exchange
Aug. 20
CHRONICLE
5
Inc
Ken-Rad Tube & Lamp A
Kings Co Lighting 1%
5 % preferred D
Kingston Products—
Kirby Petroleum
...
pfd B
.8 %
■•8%
8%
100
6%
Jan
_•
11%
,r-9%
11%
450
5%
Jan
.—IOC
100
—..1
]
.246%
5
..
35
.3%
4%
8% July
143/4
Apr
47%
70
45
July
50
-Jun
35:
10
32
Jan
37
May
Jun
•
..
3%
r'±Vz,
100
1%
Jan
4
'300
1%
Jan
S% July
Volume
THE COMMERCIAL
Number 4205
158
755
& FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
New
York
Curb
Week's
Friday
STOCKS
Exchange
Last
■>-
Week Ended Aug. 20
of Prices
Low
Par
Klein
Emil)
(D
Kleinert
(I B)
Co
Rubber Co
Knott Corp common
Kobacker Stores Inc
Koppers Co 6%
4%
convertible
Kreuger
.
1st
Brewing
—
7%
7%
Co
Api
10% Aug
100
T
250
4%
Jan
9 %
v
Feb
92
Jun
69
99 Va 100
• ;
July
Nehi Corp
Nelson
July
100
4 Vb
.
England Power Associates
6%
preferred
preferred
$2
14% May
England
New
S.
Haven
New Idea
L
Lake
RR
Shore
Tel &
Clock
Inc
New Jersey
29
30.
1
12%
12%
13%
3,300
1
2%
2%
2%
100
10%
200
29
.—100
(N J)
Mines Ltd—
Lakey Foundry & Machine—
Lamson Corp of Delaware
Lane Bryant 7% preferred
.»
v
170
>
Lane Wells Co common
Arizona Land
Mexico
&
10%
10%
New
Apr
N
Y
Auction
4%
Apr
N
Y
8
4%
100
6
'. Mar
N
Y
101
Feb
Feb
N
Y
v
Feb
Co
1%
1
Lipton
(Thos J)
Lit Brothers
11%
Jan
49%
.51%
1,525
25%
Jan
—
19% May
$
i:
21
N
5% Mar
% Mar
Y
1% July
Y
'■/ v
...
Rosario
Feb
3,200
4% Jan
Land
2,000
1*8 Jan
29%
29%
10%
10%
1%
Light 7% preferred—100
preferred.
•
.
Consolidated
Mapes
600
7%
Jan
12%
Jan
1%
500
%
Jan
23% July
2% May
14%
100
12%
Jan
16%
Jun
8%
8%
3,900
6%
Jan
9%
Apr
Niles-Bement-Pond
1%
4,100
Vs
Jan
2%
Apr
Nineteen Hundred
51%
50
55
1,325
47%
52%
3,700
7%
8
110
110
,
optional
Marion
Class
B
optional
Class
A
55
Aug
52 %
Aug
Noma
110
Jan
i 5 %
.1
5%
v-
h
2
500
5%
%
300
Jan
2%
Mines
Class
•
Jan
Mead
26
Jan
Jan
&
23 ft
ftft 5
•
1
ft/.:/.
•
•
'
23
50
;
ftft 5
11 1
100
ft;' 1
■
5
Mercantile
•
common—
Jan
3%~~
American
U: 3%
;"fi
Merchants & Manufacturers class A—1
preferred—
Participating
Merritt
Chapman
m%
A preferred
7%
11
'ft...
5%
-
3%
;6%
Textile Corp
Participating preferred
Metropolitan Edison $6 preferred
Michigan Bumper Corp
1%
Edison
Jan
Jan
8v
125
>
2%
A 5 r
125
2
ft/ft %
Oilstocks
>39 > July:
West
:1
ft
"ft;.
;
6%
:;i ■"
ft
,
ft
8%
9%
i.i :-M
>:'
■
1%
1%
$2 conv preferred—*
.•
:6%
8%
5
Corp common
Midland Oil Corp
v:■
6%
8%
Oliver
Apr
108
Jan
Jan
6%. Apr
Jan
1% May
6% July
4% Mar
7% Mar
Midvale Co
Midwest
Oil
•
Midwest
Piping
Securities
'v**
1
Refineries
Mid-West
—*
Minnesota
Mining & Mfg
Minnesota
Pwr & Light
7Ve pfd
200
25%
Jan
35%
Apr
1%
400
1%
Jan
2%
Apr
600/
6%
Jan
8%
Jun
1%
200
Pictures
Jan
19
Jan
Mar
2% July
Montana
Dakota
A
States
-
U%
'
'■
Jan
5%
Jan
Jan
12 % July
4%
Jan
13
500
%
100
1%
Mar
250
17?"
5%
Power
•-.172%'173
•"ft-ftftv
"1%
"5%
10
::-ft
*
common
100
163
>.
•
5% ft 6
18%
20%
Aug
8% July
July
21% May
JvT 4
Jun
ftftft 1% May
Jan
7% May
>180
1st
Muskogee Co common.:
6%
preferred
11%
ft.'- "vft
./ft
--
.
'"--ft}//-'
12
'
—
\
•
Jan
Jan
Jan
103
140
106%
Jan
115%
Jan
115
Aug
103'A Mar
112
July
12
Jun
Apr
—
* "
$1.40
7%
Jun
Motors
$6
National
Candy Co
National
City Lines common
convertible
Salt
Sugar
1
1%
1%
Traffic
Water
1%
4.60C
Jan
Apr
Jan
ft"
July
-
Jun
15%
•14%. Mar
-10%
■
Jan
•
Jan A ft
A
•
•
25
i
Jan
53
1
13%
13%
ll'A
11%
common-
14
15%
■>' ft
National
Power
&
*
Light $6 pfd
69% Mar
Jun
2
•-
"'•>**;
$7
Steel
National
Sugar Refining
National
Tea
Car
9
ft'
•.
7
10%
•
National Transit
National
Tunnel
National
Union
'
.
:
•
,
10 ft
U—-
i
"■-1—"ft
22C
50
50
18%
1.00C
7.--.ft
10%
19
60C
Mines
For footnotes
see
—
30c
page
j
•
Radio
757.
;
vi.7%
8'ft
Jun
Jan
Jan
13% May
35% ft
600
31
Jan
36% July
32%
400
28%
Jan
33% July
8%
102'A
60
108% 109
"
•'
~5%
~5%
500
19%
300
3%
Gold
"7%
■
J.uly
.
Jan
6%
Pitts
&
Bess
ft
8%
19 % Aug
86
3%
10,200
ftft:
14
—
*
5C
*
common
pfd
common
150
Ltd
'
•
"4%
"4%
7,900
63%
63%
50
7%
ft. 13
.
RR
'
Jan
V.
3%
July
31
Apr
3%
Jan
•
520
93%
93%
2C
.—50
63%
Jan
38
Jan
__
__
—7
68
40C
IOC
—.,
7
6
Jan
■
,
1% July
% Jan
Jun
173
July
%
Jun
Jun
3
July
51%
Jan
69
Jan
122
July
July
Jan
34
Jun
Jun
104
30C
6
4
Jan
7
5
Jan
9% July
8%
9%
70C
337%
337/s
o,'v: 5c
31%
Feb
100
4%
Jan
4,40C
8%
Jan
30
Jan
13%
Jun
9%
'7
7
25%
27%
July
34
9 Va
Jun
July
112
1%
1%
3.20C
1%
Jan
2 Va
Apr
7
7
7%
1.00C
6
Jan
7%
Jun
38
Jan
42 %
Jun
Jan
65 % July
60
60%
41C
47%
10%
Jan
14%
93%
94
30C
84%
Jan
97% July
2%
Jan
8%
Jan
13% July
12'A Mar
60
Inc
14% July
1
7.50
common
Scale
common
10
Mining Co
Sugar
Powdrell
&
Power Corp
Alexander
5
:
of Canada
& Lambert
5
Jun
Jun
1
1
2.80C
ft
Jan
1% May
30C
3%
Feb
9%
6%
30C
4%
Jan
7
Apr
5%
;
8%
6%
'm.v,
—
Jan
X9
Jun
Jan
30:A July
•
27%
Co
Mining
Prentice-Hall Inc. common
4%
8%
25c
common—
27%
27%
20C
u
%
12
19
1.50C
II
Va
Jun
Feb
Jan
Jan
34
Metals
of
America
43
Aug
3%
-1
-1
ft
Prosperity Co class B
Public
.
%
of
8%
Apr
137/8
Apr
27/8
Feb
47/8
Apr
40C
8
% May
8Vz July
Jun
8% Mar
Colorado—
Puget Sound Power & Light—
$5 prior preferred
104
preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Manufacturing
106 %
Jan
Apr
114
Jan
74%
78
12%
12%
12%
Jan
119 Va Aug
575
101%
3.50C
45%
Jan
78
Aug
20C
7%
Jan
13%
Apr
8%
116% 119%
75
J an
15
Jun
7%
Feb
5
-10
Apr
109
119%
$6
Pyrene
7% July
Mar
2,30C
Gas
Service
Jan
ft -Jan
4
7
Corp of Nevada
.100
July
50C
Apr
July
95
Jan
74%
21%
—
.100
May
3%
100
2%
—
67
—
10
1st preferred
53
1%
Jun
July
1%
% Mar
117% 118
68
Jan
76
—
25
1st preferred
21
3
Apr
4% Mar
Jan
44
150
—
.—50
7%
Jan' ft-
300
July
32% Aug
32'A
%
99%
—
25%
6%
Jan
•
-
8%
1
Aug
Feb
Jan
19% July
36
Jan
:
98%
25
May
7
lift
Apr
Aug
27%
6
1
Meter
Metallurgical
Plate Glass
Valley Wine Co
Producers
9%
l,ior
6%
24
Jan
28%
•
common
L E
9%
200
__
•
Co
Postage
17%.
32%
—
Pittsburgh
Pressed
Apr
20C
13%
13:%
40
July
9 Va July
Jan
Jan
28
__
20
100
Pittsburgh & Lake Erie
12
102
Jan
Jun
Feb
Jan
July
4% July
Jan
3 %
5V2
6% Mar
99%
2.50
Mines
Pitney-Bowes
14% July
/
Aug
95% July
Jan
15%
7
.
•
Governor
29
54
109
Jan
Jan
73
72%
4 %
•
Securities
T
Mar
87%
'
7% Jun
■
32%
32
50
Premier Gold
Aug
70C
•
1%
_12.50
&
;
ik.'*-'-.
commonl
Packing
Pratt
Jan
8%
2%
—
10%
;
•
preferred
••
35%
35%
xl7
•
Co
Phoenix
38
Feb
6.70C
100% *—4 O O
•
Ltd
5%%
v.-
..
preferred
Co
28% July
-
National
•'.
••
•
com
Co
Circle
Perfect
Providence
National Refining common
National Rubber Machinery
—
—
,
—
1
Co..:
ft
Jan '
44%
90C
11%
—
Mar
2.50C
27% ft
52
*
Stores
Jun
v.-• •..
•
'3% iJan
Apr
15%
May. •>;:
20C
26%
•
18 >
:
ft ;
27
50
(Del)
Feb
8
—
__
25
& Power Co
Mfg
Pepperell
Pioneer
129
__
1
National Mfg &
Container
May
8
Jan
•
common
Elec class A
Phillips
20
Jan
10
National Fuel Gas
National
—
7%
Corp
A
Prop
Penn
Pneumatic
ft .".j-ftft
_
117
Jun
10
Mfg
Penn
Aug
Jan
•
preferred
Feb
3%
18%
•
$3
110
*
Phila Electric Power 5%
13 %
__'
1
_
50
s
■
1
Breweries common
National
.
•
preferred
Penn
Potrero
common
55'A July
'
Co
Penn
Polaris
Hess
Jan
__
5%
Philadelphia Co
N
Bellas
48
115% 115%
108%
•
•
Plough
National
19%
200
54
100
common
V-'-'V-- V/*5''V• '''• ' *'
Power & Light
«
Penn
Pleasant
Nachman-Springfllled
Jun
7
Pittsburgh
•
Jan
Aug
__
•
112!%
57,
8%
—
Jun
r
54
54
*
1
—•
4%
—
5%
22 % May
16% Aug
•
pfd
Pennroad Corp common
Pierce
-;
107
30
\'v
25
Service
preferred
Apr
ft .ft. ft
—
•
6%
10%
27% May
3%
1
Jan-
t
8% May
Jan
2%
Telephone
4%
i
Jan
16%
91
Rig & Reel
Plymouth Mills
Mar
150
Jun
110
4%
100
17 '/2
Patchogue
"2%
f
;
102% Mar
50
1,500
7%
110
Peninsular
33% July
9 ft,
*
2%
*
100
—
July
200
25
Parkersburg
Jan-
J,
102%
1,700
Pharis Tire & Rubber
10c
■
Jun
Jan
Apr
25
•
1st pfd
preferred
Pen
Jan
18%
6
4
Pantepec Oil of Venezuela Am shs
1,20c
■'
r
1%
Feb
20
22% July
•
Jan
-
Muskegon Piston Ring
$1.30
1%
lift.
•
100
Murray Ohio Mfg Co———
6%
& Light
Public
500
—
2
Jan
Apr
21%
—
110%
i ,v.
Jan
1%
Feb
103
Penn Gas &
3 ft ft
Mar
%
4
20
59% Mar
17%
July
53
102
3%
97% Aug
ft^ 17%
ft.
2%
ft.
July
34
20
Jun
3,800
34
Feb
103
Jan
100
8%
109
6%
25
Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred
•
1%
•fti—
•
Mountain States Tel & Tel—
Aug
8
11
"11;.. ftft
5c
City Copper common
Mountain Producers—.—
Mountain
109
7
25
7
common
Page-Hersey Tubes
V::• :•
*
.«•
Moody Investors partic pfd
Mtge Bank of Col Am shs
Mountain
/ft 325
ft
Jan
Jan
100
300
50
Utilities——.——10
Montgomery Ward A—
Montreal Light Heat & Power
2
Al'A Apr
100%
1%
1
00
1
-1
common
Monroe Loan Society
200
.
1
*
Monarch Machine Tool
1%
56
22%
July
8%
"2%
%
4%
%■;
preferred
Feb
28%
i-i
2.50
1
Mock Jud Voehringer common
Co
1st
9%
21
'
Jun
82
%
90
•
common
Molybdenum Corp
Monogram
Gas & Elec
5%%
Apr
Jan
551/4.
100
Missouri Public Service
Can
Pacific
Jun
15%
1%
*
.
2
450
~2%
'
■.
*
100
Mississippi River Power 6% pfd
—
'
•
.
9%
'
Mining Corp of Canada
u -
•
Jan
21 ft'-/
14
:
■ft,.ft
300
4%
1
Jan
1%
;
29%
4%
23 Va
•
9
Power
8 Vb
ft*
*
Supply
&
'ft.
8%
79% Aug
51%
50
Lighting $5 preferred
28
28
10
—-—
Jan
15
common
Pacific
19%
50
—
Co—
52%
1
u* #
Parker
common
Abrasive
Mid-West
% May
2,200
5
common
United Filters B
Paramount
•
Jan
79%
29%
100
Pacific
Midland Steel Products—
$2 non-cum dividend shares
1st pfd
Mar
8
100
7%
Pacific
%
Jan
72
*
Jun
4%
Jan
A
.
•
common
6% July
1,500
9%'
B
8%
■ft;
Jan
10,200
1%,
%
3%
2,900
Mar
%
9%.
800
200
ft
\3Vs July
31%
Jan.
x3%
V*
1%
3%
111% July
% Mar
4%
700
Apr
9% July
1% May
%
„
4
class
$6
Ltd
Overseas
•
50
700
Feb
12%
Jun
1,100
ft
103 %
Jan
1%
•
Omar Inc
Feb
2%
Jan
%
6%
6% May
3%
25
preferred
$5% conv prior preferred
1% May
5%
_6%.
Feb
U May
ft
Jan
Jan
8%
pfd_100
$3
May
v
A
%
:
83% July
76% July
50
:
Oklahoma Natural Gas
6% May
28
,
900
1
Class B v t c
Middle
5%
'
91
5,000
•
1st preferred
6%
Jun
Jan
j
Jan
3%
-
11
113% 114%
Jan
1
6,400
y
—
10%
113% 115
,
98%
-•
—
113%
Apr
"6%
42
58% May
3% Jun
Jan
l/i?R Jan
% July
1,300
115
July
-
%
1,300
5
100
Jan
class A v t c_l
•3,000
54
20
ICO
1% Mar
10
Preferred
%
100
Pacific
Middle States Petroleum
100
Ohio Public Service
-
4%
Jan
,
28A
Micromatic Hone Corp
1/64
147
Jan
2
108/
2.50
*
;
70
'13% May
Jan
_•
Michigan Steel Tube
Michigan Sugar Co—
825
preferred
Ohio Power 4V»% preferred
Jan
25c
15
1
76%
5
Texas Oil
Corp
Co
Brass
1,000
100% 100'A
——1
Metal
75
-
Ohio
1,200
•
•
5%;;.; 6%
100
—
Jan
Aug
6.% May
Ohio
20
July
May
ft' 2 ft- Apr
■;
Jun
200
July
-
109% May
Jan
1%
—
•
preferred
8%
-
—.
23
36%
•
Public Service 6%
47/b May
19
_•
16% July
102 l/a Jan
50
RR Co
Jan
k.*
Messabl Iron Co
Penn
1%
—*
Scott
&
1
Warrants
300
70
79%
Utility Securities
Central
4% Jan
21 ft
3%
105
200
%
•
common
100
7%
139% 139%
Memphis Natural Gas common.
B
300
,ft
7 %
10%
i:.!
-■.
95% Feb
v
Mar
24 ;;
Jan
A
:
July
ft/ft ■•-/•.
,4
;
Jan
3%
500
3%
.*
112
10
16%
%
Ogden Corp common
,'ftft'
—
Co
Stores
13 %
Jan
Jun
35
•
.
-
102
60
99%
„
1
Novadel-Agene
1
Dredging
Johnson
24% May
8% May
5
Northern States Power class A
Jun
90
1
McWilliams
Jan
18
7 in;:
.
11,900
10%
Power common—1
prior preferred
Nor Indiana
Jun
5% Aug
Jan
57
•
•
B
4% May
8 % May
May
2%
V
Com¬
Massey Harris common
Jan
-10% Mar
200
12
4%
—
preferred
$6
Aug
29 %
Jan
.*100
Electric
Northern
1%
*
McCord Radiator & Mfg
Feb
2%
5
Corp B
North Amer Light &
9% July
>
c
Feb
%
5
preferred
Nipissing
Jan
North
1%
Steam Shovel
31
2%
2%
warrants
Niagara Share class B common
Jan
18%
—•"
Mass Utilities Association v t
Jan
—
2%
warrants
Jan
103,
200
27%
A
5%
20
S7%
5
2d preferred
Class
Jun
20A
21%
;
4,800
.7%
•
Margay Oil Corp—
July
1
49
Co
4
70
•
1%
ft
1%
1
Marine
Jan
1/64
11%
Ltd
Co
1%
108% 109%
51% 52%
100
100
32% July
2
Mfg
International
munication
100
16%
—
pfd-100
pfd
14%
1%
Manatl Sugar
Marconi
2%
99%
76%
6%
Jan
100
Co
Mar
107% 108%
100
Service
24%
•
100
preferred
68 %
—
—
1
shares
Water
North
(The B)
Jun
Jan
-v
108
100
■■
M
convertible
Jun
57 Va
12
109%
51%
2%
Y
6%
$5
9
21%
700
vftft
10
N
•
Manischewitz
Jan
02 %
...
North American Rayon class A
Mangel
107% May
Jan
28
__
1%
5
optional warrants
Stores—
Jan
4%
13%
—
10
17%
10
Exploration
Louisiana Power & Light $6 pfd
Lynch Corp common—.:
53% July
17% Jun
61
2%
Niagara Hudson Power common
5%
1st preferred
% May
&
87%
400
—
—
,•
N Y State Electric & Gas $5.10
9% May
%
*
Corp new common
5% May
5% May
Shipbuilding Corp—
Founders
16% May
7%
.-fa
preferred—25
Long Island Lighting common
7 % preferred class A
6% preferred class B
Louisiana
12'/8
7-Vi
Locke Steel Chain
Lone Star Gas
190
101% 103
7%
7%
—
10
%
•
Power &
$6
Jun
2% Feb
5
Inc 6%
Jun
11% May
Jan
9% Jan
--
—
Merchandise
Jun
%
common
Apr
6
Jan
50%
—
*
common
Honduras
&
.
7'A
Material Co
21
112% May
7% Mar
200
y' 5 %
Line
Jan
—
8
4%
--
City Omnibus warrants
25
1
Development
Le Tourneau (R G) Inc
3%
—
—
62%
*
Jun
14%
6%
1
-*
Oil
Feb
Jan
'
Langendorf United Bakeries class A„•
Class
B
1
*
Leonard
104%
—
—
1
Process Co common
39%
Jan
N
Convertible preferred
Lehigh Coal & Navigation
40
—
25
Zinc
Jan
100
1
Lefcourt Realty common
108% 109%
.—
•
Jan
3%
5
High
100
19%
109%
*
8%
100
Low
19%
12%
19%
102%
100
Tel
Co
common
2
20%
High
—
*
New
Lackawanna
Range Since Jannary 1
Shares
6% July
Jan ft-
New
-/• '
Corp
Nestle Le Mur Co class A
July
69
v
12 % Mar
1st pfd——
(Herman)
v
100
* '
5
*
•
•
100
preferred
Neptune Meter class A
Feb
10
102% July
New
100
10
1
—
Nebraska Power 1%
14%
r.
,
preferred-
Jun
Apr
for Week
of Prices
Low
•
Co
Apr
Jan
10
99%
Sale Price
v
Par
Oil
Navarro
13%
.
^
.
Sales
Range
Last
Exchange
Curb
High
Va
—
*
special preferred
(S H)
•
100
preferred—
Kresge Dept Stores—
Kress
Low
■
:•
10
1
common
High
York
Week Ended Aug. 20
Range Since January 1
9%
1
Klrkland Lake G M Co Ltd
Shares
Week's
Friday
STOCKS
New
for Week
Range
1
V Sale Price
.
Sales
9
9
IOC
9% May
,
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 23, 1943
NEW YORK CURB EXCHANGE
STOCKS
New
York
Curb
Week Ended
Week's
Friday
Sale Price
Exchange
of Prices
Last
Aug. 20
STOCKS
Sales
Low
High
vo
Last
,
'
Low
Stinnes
(Hugo) Corp—
——5
Stokely Foods Inc new common—_50c
$1.50 preferred
70
Jan
92
Mar
Stroock
146
Feb
156
Feb
July
13
July
iS)
Co
Oil Co—
Roller Bit
Reed
Jan
Jan
Jaii
Jun
51
6,900
2%
Jan
%
Jan
100
21%
Jan
%
1*8
16,000
"3% "3%
2,900
A
12%
12%
3
500
13
Rochester Gas & Elec 6%
Rome Cable
——•
Root
106%
;
!
.
—214
Russeks Fifth Ave—_——
————1
—*
.1
Ryan Aeronautical Co_
—
1
$1.20 convertible preferred—
20
Royal Typewriter—
...•
Royalite Oil Co Ltd—.
—,
-——*
as
2%
:
"loo
7%
"200'
2%
Corp Ltd
St Lawrence
St
5
—100
Regis Paper common.
7%
preferred
Oil Co_.
Salt Dome
16
69
S%
3%
135
3%
1%
9,200
814 July
3% July
United
Aircraft
24%
Jan
United
Chemicals
~2
1%
%
Jan
3% July
12%
5
Jan
%
Jan
Electric
Lace
Scranton
$6
•—
22%
Jan
43
July
25% Jan
32
40%
2,225
28%
29
400
1.
1714
•
common—
$6
Steel Co:
•
—
common—
51
51
•
preferred---
12
12%
50
.
—
Segal Lock & Hardware—
Beiberling Rubber common
,i
Selby Shoe Co—
Selected Industries Inc common—
_.
Convertible stock-;
—
$5.50 prior stock—
Allotment
2%
1
.
26
Jan
42
•
May
%
66
66%
914
300
66%
Jan
17
51%
1
-1
——
Serrick Corp class B__
Seton Leather common———
Shattuck
Denn
;
$3
52%
Sherwin-Williams
Silex- Co
200
f
Jan
5
400
89
.——100
115
of Canada
89%
-:
'
;. 115
July
—_•
preferred
Simplicity Pattern common—
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
12%
"5% ~2%
25C
39
City Gas & Elec 7%
Solar
Aircraft
Solar
9%
97/«
9%
6% Jan
IOC
Manufacturing Co_
pfd.
175%
1%
Jan
Sonotone
1
—
July
Penn
Southwest
6%
44%
45
32
32
10.:
Colorado
Southern
class
Power
33
'
>33
'ttv
—25
31%
31%
25
1%
1%
A
.
■
r
S
Graphite common
%
S
Rubber
Reclaiming
Wall
39
93
250
50
Class
4,700
100
„
v
Pictures
7%
:
Universal Products
%
%
2%
—
Jan
80%
37/s
Jun
1%
Jun
2%
Feb
2%
1%
1,900
63
Mar
July
121%
13
20
20
550
18%
Feb
Jan
;
22
2Va
700
Aug
15% Aug t
14% Jan ,)
2Vb Jan
62
65%
500
45% Feb
1%
~1%
73%
75%
100
1%
900
26%
'
27%
220
2 Va
62
2%
,
.
.
100
—
.
i
:% Jan
400
49
July
20% May
3 - May
,68% July
4%, Jun
2% May
,
Jan
2
— -
,
18% July
197/a July
16
2,700
Apr
7% Jun
2% May
Feb y
1
100
18
17%
\
1%
26%
8%
8%
Petroleum
Venezuelan
May
64
Aug
115
2
Jan
Feb
15
17%
17%
Valspar Corp common
$4 convertible preferred—.
33
Aug
31% Aug
Jan
% Aug
3
Apr
A Jan
Jan
75% Aug
V
43% July
Jan
iy4 May
Jun
Jan
3,500
13
Jun
32
Jan
Jan y
4%
•
Utility Equities common
$5.50 priority stock
8%, July
10 Va Aug
Jan
11
5
•
.1
10c
1
Utah Radio Products—
July
6% July
1%
60
8
6
Jun
,100
:A
Co
47
:
Va Jan
100
%
) 4% Jun
72% May
400
-
——1
common.
r
Jan
.
•
Insurance
Jan
43
•575
"l% 1%
4% May
28% Mar
July
July
4% Jun
Aug
.
Li 4
Jan
.2% Jan
......10
Voting trust ctfs..————
Jun
V
260
Feb
63
20
700
.1
B
Universal
4% July
4914 Jun
Jun
55% July
Jan
2%
;
750
.
2
37%
7% preferred ——
——:
.100
Southern New England Telephone—100
.<
Feb:
A
—50o
Paper
Jan
%
%
Feb
•
Utah Power & Light $7 preferred
300
!4 May
;>
29% Feb
—I
Utah-Idaho Sugar
Feb
t;
Jan
Jan
Jan
80
Jun
July
May
%
5
;
5% July
29%
4%
•
123
Jan
21%
1
4% July
28%
A
,
25
...
Jan
1100
1200
Jan
115Jan
•
3% Mar-
—
Jan
40
Jan
%
1
.100
Specialties common—
Jan
50
-25
—;
Jan
1% May
A
16
May
A Jan
—25c
Feb
25
preferred series C——
57%
17.50C
dep rets ord regis—...
1%
214
800
10
Pa Pipe Line——
Edison—
original preferred
preferred B—i—
5 Va %
25
—
July
Jan
Jan
.*
Universal Cooler class A
July
■
1
Oil————
<
57%
%
23.30C
——
United
2% Aug
241
Apr
106
2
200
200
17
•
preferred.—
2%
3%
5
July
Jan
•
United Stores common..—
May
Jan
2%
300
'
3%
4%
3
14% May
12
California
Southern
5%
4%
1
.
7% July
Jan
_•
•
U
Mar
1,300
1
Corp——
Manufacturing common
South Coast Corp commonSoss
South
4
Feb
Jan
*
5
96
"3% ~37/a
3% May
3% May
4 V2 May
Jan
3
6%
—*
3% Mar
100
—1
Jan
i;t-2
Apr
64% Aug
5% May
10% May
Jan
July
$5 1st preferred with warrants
U S Radiator common
-
119% Jun
Jan
Jan
£1
Co.;
1% July
8'/a July
10
1% Jan
'
Sioux
Jan
5
U
100
Jan
1
80
63%
A
y
7% July
t, 4% Jan
3
U 8 and International Securities
22
100
229
>63%
60C
Jun
Co Ltd—
Universal
227
1,00C
8%
Feb
May
16
Jan..
:
Apr
10% Mar
•
1
100
"8%
63 -
Shoe
United
13% July
14% July
—
fr-—
8%
6%
y
Jan
y
Jun
21% May
■
1,20C
4
1%
1,20C*
July
1
A Jan:
y
—
...
Universal Consolidated Oil
convertible
12%
600
^
•■'■■■
July
113
—1
—
U S Foil Co class B
Simmons-Boardman Publications—
$3
3A
2%
12%
'
\k
12%
„
-
%
2%
.•
109
1
4
16%
Jan
111% Apr
•
common—
;
83'
400
20
2%
•
4J '
Mar
Mar
y
8% July
Jan
2% Jan
14
25
common—
'
—
'Jun
102
"■■■'
preferred
—10
Machinery common——25
United
% May
'4% Jun
3
~3Va
3
-
Profit Sharing
10%
72% July
73
A Jan
•
-
United N J RR & Canal Co
United
May
Jan
participating
Amer
May
10
3% Mar
5
5% cum pfd series AAA
;
%
;•
Mining—
Shawinigan Water & Power—.
Sherwin-Williams
%
B
preferred
United Molasses
Jun
1% May
v
Jan
3
1st
Preferred
Sentry Safety Control
»
—
■'
67
107
__
'
-
United Milk Products—..
1% July
Jan
%
300
66
-
Jan
13% Mar
450
class
Common
July
%
4%
4,800
7%
46
29% Feb
-
200
1
7
25
.
certificates
17
17
.-5
-
1,500
-
—
'IA'
Jun
July
May
Jan
53
314 July
Jan
3,000
1
1
1
200
Va
8y4
-
—
60
cum
Option warrants
United Light & Power common A
May
161b July
Apr
7% Jan
100
42%
1
7%
1
*
-•
59
—
58
44'
500
2%
V
3
1% Feb
59
—•
common
United Gas Corp common
1st $7 preferred non-voting
$6
Securities Corp General
Seeman Bros Inc
11
Jan
•
——
-
Scranton Spring Brook Water Service—
Scullin
6%
—
United
*
preferred
July
5%
July
1,100
40
25
25
•—
;
1,900
Ti% 1%
1
7% July
Jun
2%
2% Feb
& participating pfd—
•
Cigar-Whelan Stores
10c
United Corp warrants
United Elastic Corp—
-•
$3
16% July
1% July
*
preferred
Manufacturing
Aug
•
62
•
•
—
—
Products
:
Jan
Jan
10
Union Investment common
Jan
Co__
Convertible
Union
Jun
Jan
%
common
Scranton
Corp
Manufacturing Co
Gas of Canada..
July
7; July
22% Apr
Jan
%
1
—10c
Realization
Ulen
Unexcelled
2%
Co
Scovill
Udylite Corp—
Jan
4%
4y2
114
Jan
43
Jun
15 Va July
Mar
3%
17 Va
—
1
225
Oil
;
—
—
1,000
36
■
•
—i*
7,200
.*
common..
A
Class
May
137
*
:
,
Jan
4%
>
5V4
26% July
■
—
1%
115
Apr
10%. July
Jan
102
ia/a
«
———
Chatillon Corp
6%
_
—
Tung-Sol Lamp Works
:
—1
80c convertible preferred—.—.*
•414 May
Jan
Inc
Tubize
7%
138
49y4May
•14
<
3% Mar
6%
i3/a
—
10
warrants
Trunz
16% July
2
-
r
1
6%
Savoy
A)
Tri-Continental
2% May
1% Apr
1514 Aug
100
15%
——*
Trans Lux Corp——
Transwestern Oil Co
6% Mar
•
A Jan
15%
:
Jan >'■
•
Jun
11% -Aug
5% Jun
,
.
17% Mar
20%
6%
'
-
——
1%
Schiff
(D
Jan
—•
19%
•
—■>
—100
preferred--.
.——100
Tonopah Mining of Nevada-—
—1
5% Mar
Jan
314
3%
Exports
7%
6% Apr
314 Jan
19%
—
13%
112% 113%
6%
6%
—
•
•
Todd Shipyards Corp
-1
Toledo Edison 6% preferred—
Apr
—
113%
?
1
dep rets ord regis—
Amer dep recs def reg—
Jun
22
2
1
1
.
—_
Schulte
Jan
100
—5
—
4
23%
13
13
Amer
5% July
18% July
Feb
Product
3%
23
—
Tobacco Security Trust Co Ltd—
Mar
19
pfd
common
1
i
United Corp common
Sanford Mills
Samson
4
Co
Roofing Inc.—
Tobacco
107% July
17
Apr
.11% July
Jan
Shovel
—
Feb
49% Feb
—
- •—
•
50
$2 conv pref
Class A
Jan-
2% Jan
"
;
■
20 Va
Jan
Jan
8% Mar
♦
Tishman Realty & Construction
Tobacco & Allied Stocks
414 July
% Apr
2% Jan
—
77/a
1%
5
43
•
Tilo
1% July
Jan
13
111V
9%
91% Jan
30
Consolidated Petroleum—
Ryerson & Haynes common—
Ryan
Jan
4,100
a;
106% 106%
11'
————5!
Petroleum Co——
2,000
22
July
21% Jun
£
12% Mar
common.
Texas Power & Light 7%
5% May
14% July
1% Aug
114 Jan
—
common—————5
Corp
Roosevelt Field Inc.-——1
3%
31b
%
100
pfd D.
Roeser 81 Pendleton Inc
500
ll7/a
•
1
Thew
13% Apr
.:
Jan
7
"lib ~1%
V
Jan
15
Texon Oil & Land Co————
July
291b July
A Aug.
9% Mar
—
114
3%
Jan
Mar
2
% Jan
10%
3%
13%
17%
50
—
Technicolor Inc
14% July
2,600
25
4%
Taggart Corp common——.
Tampa Electric Co common.
Mar
1%
25:
—
Republic Aviation.
——^
-1
Rheem Manufacturing Co
1
Rice stix Dry Goods.
—*
Richfield Oil Corp. warrants———Richmond
Radiator--——
——1
Rio Grande Valley Gas Co v t C-——1
% Mar
19
13%
49
17%
11%
com
1
Feb
1% July
3% May
14% July
1%
5
& Engineering—
IV2
1%
High
Jan
Jun
11%
1214
1%
Reiter Foster Oil Corp————-50o
Reliance Electric
350
12
—
—*
Co———t
as
—
1
-*f
2%
Jan
7,100
1314
11%
)<>—
Manufacturing.coiprqon-,-!50c
Red Bank
1%
14
Railway & Light Securities
Voting common—
10
Railway & Utility Investment A
1
Rath Packing Co. common
10
Raymond Concrete Pile common——-*
$3 convertible preferred—
...——*
Raytheon
1%
1%
Radlo-Kelth-Orpheum option warrants-
%
10C
13% May
Jan
—1
Oil
Finch Oil Corp
Low
Va
12%
•
1
convertible preferred
Superior Port Cement class B
Swan
Range Since January 1
High
Va
•
———
Machinery..
Sun Ray Drug Co.
Bunray
5%%
Shares
.———I
—
Sullivan
13
Quaker Oats common..
6%
preferred—:.
Quebec Power Co
for Week
of Prices
Par
■■■■'
Sales
Range
Sale Price
Aug. 29
High
^
Week's
Friday
Curb. Exchange
Week Ended
'
low
York
New
Range Since January 1
Shares
for Week
Range
Jun
July
7%
Jan
9% July
Jan
44
Virginia Public Service 7 % pfd__.
Vogt Manufacturing
32
,Jan
4%
1,000)
1% July
•
% Jan
18
72% July
10
July
Jan
'
Southern
Phosphate
Southern
Pipe
Southland
Co
—10
Line
5%
10
Royalty Co
_5
Spalding (AG) & Bros—
1st preferred-—Spanish & General Corp—
Amer dep rets crd bearer———.
Amer .dep rets ord regis—
1
"3% "3%
—
Apr
1
Jun
14
Jan
10
—
(Ohio)-—5% pfd
100
.1
—
V
100
2% Jan
1%
1%
200
%
Jan
%
214
Jan
400
12%
Jan
1%
Jan
% May
;w:' 5% July
214 July
Jan
•v-;: 500
17
Waco Aircraft
Co
;-:;r
1,000
i8%):;
l
May
6% May
19% July
3
;
July
July
13
17
113% 113%
25
%
2,900
17
12%
400
Jan
Jan
17% July
Jan
113% Aug
A May
110
A Jan
v
"■
-
7%
preferred
A
—
—*
——
Co
1
———
Standard Silver Lead
Walker
Wayne
"lVa
—
Starrett
._1
Tube class B—
-
52%
9%
-A
—1
1%
(The) Corp voting trust ctfs—1
n
.:
Steel Co of Canada—
Stein
(A)
Ac Co
53%
350
9%
200
3a
A
Jan
A May
16%
Jan
57% July
-
12,400
1%1
100
-
6%
Jan
% Feb
1%
900
11% July
h
% May
Jan
2% May
1% Jun
54
—
•
A Jan
July
54
9
—
common
Jan
13
'
Sterchi Bros Stores
1
.
6% 1st preferred-:
5% 2d preferred—
Sterling Aluminum Products-
—
Stetson
Inc
(J
B)
For footnotes
400
10
500
_50
"l%
1%
90
Feb
15 V4 July
Apr
2y« July
"3% "3%
200
1%
500
9%
.,r 600
.
;
10% July
■
"4%
A May
14% May
Jan
2%
Jan
4
Mar
Jan
109
Aug
6y4
Jan
4
::
9
,
Western Grocer Co————
11% July
11%-May
Apr
Jan
67
1st pfd—100
Western Tablet & Stationery com
•
Westmoreland Coal..
—.—20
14%
23%
3%
3%
100
1%
1%
200
6%
6%
100
757.
July
July
5% July
(R C)
Williams
Oll-O-Matic
Willson
Products
& Co————
Power &
Portland Cement.
Feb
40
Jun
Wolverine
Jan
10
Jun
12% May
1% Jan
4% July
1% May
Light 7%
Woodley Petroleum
Jan
H Jan
2"%
Jan
7
May
Woolworth
American
23%
175
♦
1
.
,
May
95
Jan
18
Mar
July
26
May
Feb
1% 1%
250
7%
200
5%
57/a
8%
8%
100
7% Mar
2%
8%
2y»
200
Jan
Jan
1% Jan
15%. May
9% Jun
7»/4 May
97/a July
4% Mar
12% July
Aug
9
Jan
108
a—•'
Jun
108 Va
Jun
3%
Feb
4%
1,100
4
Jan
8 y4 July
5
Aug
5
4,400
2
Jan
4
10;
1
-
7%
~8%
pfd—100
—
21
13
Heating——.*
Inc—
Wisconsin
6%
22
——.10
Weyenberg Shoe Mfg.————.I
—10
Williams
Apr
5% Jan
9
9
—
Westmoreland Inc..
Apr
98%
'
"""*
—
7%
-
11%
1
Utility $6 preferred^
West Va Coal & Coke—
Western Air Lines Inc.
Western Maryland Ry
5% Mar
Apr
%
,
200
--
West Texas
7%
7
page
214 Jan
35
—20
'9%
common
see
~ll/a
1
;
Co
4%
———1
Sterling Brewers Inc
Sterling
100
A Jan
Mining Co__
Knitting Mills
Wentworth Manufacturing
Wichita River Oil Corp—
Standard
"9% "9 %
Waitt & Bond class A—-;——
Class B—
:
Jan
Feb
v
J';'.
—.100
—
5%
7%
;
3%
86%
;
——
'
Common class B__
Products
July
4% July
July
r5% "5%
Standard
Standard
W
12
••
31
5
17%
.
Preferred
Jan
Jan
4%
Convertible preferred—
_10
Standard Dredging Corp common—1
$1.60 convertible preferred
20'
Standard Oil
1%
23
70
"~% ""%
.
Standard Power & Light—
30
Wagner Baking voting trust ctfs ext..*.
Spencer Shoe Corp.
•
Stahl-Meyer Inc.
•
Standard: Brewing Co.
2.78
Standard Cap & Seal common-—
1
-
Apr
%
.
(Ky)
•'
700
614 July
9% July
714 Jan
6% Jan
*
297/a
.
,
Oil
5Va
5%
500
"eya
"i7/a "eva
"2%
"27/a "211:.
(F W) Ltd—
deposit
6%, Preferred
6%
receipts
:
8s
———£1
Wright Hargreaves Ltd.—
.«
Jan
Jun
10
Aug
;
Apr
Sj
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
*
Friday
BONDS
New
Exchange
Curb
York
Week's Range
Last
Interest
Period
\
Week Ended Aug. 20
or
Sale Price
Low
2%s
<
s
f
deDS—
deb
Lt
Si
Writing
Arkansas
New
deb
4'As
1948
AConv
deb
4'/as-
1949
1950
AConv deb 5s
1 AConv
1955
5'As A
104%
95
110%
96
N
106 %
3
88%
106%
124%
109
-70
70%
35
66
71
46%
Elec
Light 4'/as
Atlantic City Elec 3'As
Avery Si Sons (B. F.)—
1955
1964
i
—
5s
series
J-D
.
—1957
1960
B
C
Bethlehem Steel
*
—1962
1968
Birmingham Electric 4 Vis
-
>
1964
Af-N
4s
2004
J-J
1P«<>
J-J
1954
J-J
F-A
Utility 51/2S
!>•;
:
I :
i'-%
.
A
\-
'•
,
21
21
w-
13%
r1 +
1971
A-O
1962
i •.»;
.
3s
_
Ohio
25%
Public
Service
4s
127/s
21 Vi
31
14
25%
Pacific
86%
28
72%
86 %
106% 109%
109%
$108
':-
108%
107
99%
2
101% 101'/a
$121
$150
114%
Power
ft
Light
$106
'
'!
121
109'A
111%
8
106'A
109
3
100%
102%
F-A
104% 104%
5
101%
105
1964
J-J
1977
M-N
5'As
104%
5s
103%
"49
102% 103%
Gas
104%
&
Coke
4 Vis
Edison
series
Power
Corp
5s
1
107
•
30'A
24
;
102%
107
3
F-A
MS
1950
J-J
110%
yV 114%/, 114% 115%''
Northern
111
Central
El
—1964
1969
5s__—....1948
—•
1954
F-A
J-J
M-S
3%s
Gas
&
Central Power & Light 3%s
States
j A Central
'.
A5%3
Elec
:
-
series
r
•37 Vi
37
55%
'
E__.
.„1950
M-N
1961
$100
101%
5s
.-1958
A-O
Debenture
5s
1969
1952
M-N
Service
Cities
& L
P
5 Vis
'
—
97 %
'
5
110 Va
112
1
111
112%
„
111'A 111%
112%
2
77
112% 112%
V
91'%
1949
91'A
J-D
mtge 4 Vis
1954
Consolidated Textile 5s stamped—1953
Continental Gas & El 5s—
1958
97'A
A-O
ref
mtge 3s
1st ref
P
ser
mtge 2%s ser Q
Gas (Bait City)—
Elmira Water Lt
Wyoming Coal 6s
$109
J-J
5Vis
stamped
Florida Pow Si Lt 5s
F-A
105
106%
105%
1970
A-O
108
108
13
106'/a
109%
J-J
103
106%
1951
F-A
1970
F-A
Southern
Southwestern Gas & Elec 3'As
Southwestern
2022
Southern
Counties
5s
Gas
3s
1965
3'As
Gas
' J-J
1957
Edison
-
Georgia Power & Light 5s
Alden Coal 4s
Glen
SAGobel (Adolf) 4Vis ser A
Grand Trunk West 4s—_—
5s stpd
Great Nor Power
:
;
•
$98
100
97'A
97%
86%
97%
.M
87
117
100
■
82%
87%
101
104'A
P
Rys 4s
Gas
&
(A G)
Standard
$123% 128
123%
124
M-S
-106% 106'/a
104
106'/a
Standard
M-N
105"%
103
106'A
L
8s
deb 5s___
4
2
88%
81
79
100% 101 Vi
80
87%
87%
-88%
101
$105
M-S
105% 105%
J-J
Debenture
v
52
-
-
.,
(Dec
E
A7s
107%
Power
3d
Af-N
Af-S
-
23%
6s
Tide
82'A
82%
16
65
83%
82%
82
82%
59
65%
83%
1966
J-D
82%
82'/a
23
65%
83%
F-A
82%,
82'A
82'A
1957
F-A
27
23%
27
A-O
82
81'A
82'A
1
J-J
-
Toledo
Twin
Edison
4s
A
•
v
Af-N
ft cons 5'As
99%
j
G
Utah Power ft Light Co1st lien ft gen 4'As
99
111%
108 %
102
107'A
Debenture
A 5s
'/V
5s
103
income
2.'■
28%
6
31'A
2
-
/•
•
J-J
53
J-J
MS
/
-
r
J-J
1
Penn Electric
115
108%
•
.
Penn
—:
Gas Light 4Vis
ref 5s
ft
52%
84%
-
18%
MS
j-d
$67
__
108%
•
35
8 A
;
A-O
J-D
112%
6s
•
1955
■-—
Power
1957
1951
44%
New
Amsterdam
New Eng
Elec
fv'U9-'/
113
A 20-year
107%
108%
$108
108%
107%
110%
New
England
New England
5s
-
.
Power
Orleans
AIncome
6s
series
M-N
98%
M-N
J-J
A-O
M-8
J-D
J-D
J-J
M-N
99
2
86%
102 Vi 102%
1
100%
109% 109'A
1
108
-
3%s
99
•
102 Vi
89
4%
109%
109
$108% 109%
115
99
110%
102%
109
110
J-D
ii8y4
99
99
1
85%
99
80
2
63%
83
75
95%
73%
95%
$93%
,
J-D
-
~2
115
80
.
F-A
1947
24
108%
110% llO'/a
94
94
95
94
10
20-year
7s
Period
'.
-
or
Friday's
-
V
A-O
Low
$54%
——
:
1.V.
•
.
Bonds
Range Since
January 1
Sold
High
No.
Low
High
•'
—
'v
J-D
M-N
$60
68%
44%
64%
1933
Bank
J-J
1955
5'As—
Mortgage
ACauca Valley 7s
1947
1948
(see
Danish
Jan
Last
Sale Price Bid & Asked
V
(Col)—
April 1948
7s
Bogota
Week's Range
Friday
Interest
Exchange
F-A
$55
60
42
52%
$54%
46
1
54%
14%
23%
of)
t
18
17%
5s
Nov
ALima
City
6'As stamped
1952
(Peru) 6'As stamped.1958
18
5
—
25
19%
28
5
108%
112
.AMaranho
3
100%
102%
108% 109
3
105%
109
AMedellin
7s
stamped
Mortgage Bank of Bogota 7s
Alssue of May 1927
:
105% 105%
2
103%
106%
A-O
$37%
107'/a 107%
10
106%
109
AMortgage Bank of Chile 6s
1931
J-D
$18
106'A 106%
24
103'A
107%
Mortgage Bank of Denmark 5s
1972
J-D
4
110%
1958
M-8
112
101Vi'
112
101 % 101VB
98
62%
102
94
94
94'A
42
76%
94%
97%
96%
97'A
39
82%
97%
+23%
107%
18
107
1
114
32
12%
97%
26
1
66
66%
59
49%
A Rio
de
A Russian
A5
71
66
-
66 Vi
4
50%
72
65 %
66%
45
50
71
1108%
7s
of
Oct
(State)
Janeiro
1958
M-N
$26
1951
J-D
$21
7s
M-N
1959
$37%
—.
«47A
35
16%
24%
32
37%
32
38
18
-
22
20%
3
45
55
30%
1
22%
35%
23%
J-J
55
30%
J-D
54%
J-J
1919
1921
6'As
20
-*m»rn
1947
1927
112
109
107%
'A
Government
6'A 8
s
1141/8
•No par value,
r
23%
2
17
30
104% 105
15
.
102'/a
4%
4%
4%
4%
—
,/
5
109
a
Deferred delivery sale,
106
d Bx-lnterest.
e
Odd-lot sale,
Cash
25
2%
9%
4
2%
9%
n
Under-the-rule sale,
sale,
x Ex-dividend,
y $8- liquidating dividend paid.
$Friday's bid and asked prices; no sales being transacted during current week.
...
ABonds
being traded flat.
{Reported in receivership.
Abbreviations used above—"cod,"
tive; "conv," convertible;
104%
15
20%
102%
112 y4 112%
66
—
117%
102% 102 %
A Issue
110%
116% 116%
102%
25%
107 Vi
107%
,10
11%
-
113
AParana
107%
49
J-D
J-D
$15
$19
'v.'
!
17
58%
M-N
A-0
1949
J-J
M-S
59
102
65%
1
AExternal
.
102
108% 109%
108%
Service—
A
107
110%
M-N
Power Assn 5s—_—1948
1954
Public
99
-M-8
J-D
Debenture 5Vis
New
: F A
1961
-
deb
Curb
Agricultural Mortgage Bank
109'/a
108%
t'.
1950
Gas & El Assn 5s
5s
Conv
19%
20
$109
115
110%
F-A
J
1937
V
A
112
6
York
>;-v-
106%
123
1948
5s
5s
Gas
J-D
Week Ended Aug. 20
109 V*
1947
1981
2022
1956
1948
:
Nevada-California
19%
J-D
BONDS
New
67%
F-A
F-A
J-D
M-S
A-O
J-J
M-S
1945
4Vis—
A
96
,
1965
—.1945
1943
1967
1978
Suffolk Ltg 5s
series
27
85%
106%
$107% 108%
„
104'/a 105'A
54%
107'A
6
-107'A 108
J-J
117%
95'A 100%
33%
121
112
112
112%
J-J
National Public Service 5s ctfs—1978
Nebraska
5s
stamped extended to 1959
Rys Co 5s stpd
A Stamped 53
108%
46
11
122
116
99%
35
16%
70
121
109
96% 104
35%
36
17
$108
„
106
/
104%
__
108% 108%
-
;
105
M-S
;
6s
38
17
•: ••; 17%
••,:••: 5'
:'.'.'u55>"' > 74%
32
53
CO OO
1
M-S
1957
Mississippi P & L 5s—
Mississippi River Pow 1st 5s
Nassau &
5s
Traction
Newspaper Union—
6s unstamped extended to 1959
,
J-D
Af-N
1954
West
19
$105% 106
5
31
Western
16%
35
32
94%
16% "35%
—
V ■
"
$31'/a
i/V-r 28'/a
-84
*•"•- 84
107
2022
A
__1951
90%
105%
32
32
85
111% 112%
102% 103%
$98
debs
90 y«
112
28'A
•
J-J
1948 f
1947
1971
Minnesota P & L 4Vis_
1st
series
107
103%
A-O
/V-: 31'/a
-
v.-
F-A
1970
1966
E
6Vis
RR
6s
|AYork
J-D
101%
107% 109%
105
$112% 113%
J-D
108%
109%
115%
96%
116% 116%
Ry ft Elec 4s
80
-113
106
31
A-O
1960
$107
108%
11.1
n
93%
F-A
2030
<.• $112
•
105%
27
109
92%
25
.
116%
101%
108
.
93
1
Waldorf-Astoria Hotel—
80%
8
-
'.
29
107% 107%
1944
West
101
1
29
88
-88
13%
,»*>,-
1952
1964
103
'
-
Wash Water Power 3'As
•
22
101
108
F-A
Wash
87'A
32
WN.
107%
$114
A-O
.
102 %
-103
32
12%
-
•
(Maine) —
107'A
-> -87'/a
*
83%
83
23'/a
Danzig Port ft Waterways—
—
Valley
Midland
Milwaukee
1959
5'As_1952
(Delaware)
United Light ft Railways
6s series A
94%
87%
•••._
107'/a
J-D
92%
87%
A-O
.1949
4s
10
F-A
M-N
111%
J
21
J-J
1966
2022
1969
stamped
series
N
106'A 107
-
Af-S
•
65%
64'/a
8
29
$19
107
•101%
J-J
J-D;
/
,
102% 102%
106%
J-D
8
34
Light & Power Co—
104%
$107%-108
J-D
1968
..1952
—
City Rapid Transit 5'As
1st lien
106%
22
■
;
Extended
Middle States Petrol
3%s
F-A
107
J-J
1979
25
91
107% 107%
M-N
,
2022
Electric
93
107'A 107'A
J-J
5s
United
1
107%
McCord Radiator & Mfg—
6s
Light 5s
Power
United
1
107%
A-O
..1956
91%
99
A-0
'
.
deposit
63
98%
A-0
$24
:
Industries—
A
Water
100%
98%
A-0
83%
82%
1946
of
(Hugo)
series
104
99
98%
A-O
64%
F-A
stamped
Texas Power ft
111
110
13
110%
110
77
6
106
>1950
19%
36
62
A-O
6s
44
3
96%
1957
Light
78
£ •
23%
6
9
"
89%
>
106
83
__1960
98%
63
105
98%
108%
94
-
23 y8
J-D
1965
Jacksonville Gas
Mengel Co conv 4Vis—
Metropolitan Edison 4s
72
108'A
82%
105
100'A
91
106
106%
May 1948
&
United Lt ft Rys
1942
(stamped)
Jersey Cent Pow & Lt 3 Vis
Kansas Electric Power 3 Vis—;
Kansas Gas & Electric 6s_
Kansas Power & Light 3Vis
Kentucky Utilities 4s——
Lake Superior Dist Pow 3ViS—;
Louisiana Pow & Lt 5s
.
a
63
.
90'/a
57
4
1952
1958
196S
ft
Power
$90
h
$107% 108'A
A-O
Dec
Certificates
101%
4
103% 104
J-J
1952
1957
Light 4 Vis
Altallan Superpower fls
Iowa
52%
73%
Corp inc 5s
(Hugo) Corp—
Btinnes
93%
$109% 109%
104
J-D
——J9£2
6s
97
8
•100% 100%
-100%
F-A
1957
coupon*
(July 1941 coupon)
Power 5s—
—
A7s
87
J-D
1957
F
Debenture
99'A
85 Va
J-J
'
1955
Interstate
■
27
98%
MS
J9™
1941 coup)
1
1941
(Aug
series
24
1953
series
A7s
101% 101%
1967
C
series
A6Vis
A7s
1
Corp—
ref 6s series
A6Vis
29
73
debentures
gold
7-4s
106 y«
91%
35
M-S
—1954
1956
—i957
Indiana Hydxo-Elec 5s
1958
Indiana
Service 5s
1950
1st lien & ref 5s.»
1963
Alndianapolis Gas 5s A——
1952
Indianapolis P ft L 3%*—
1970
{International Power Sec—' .V.
• -•
•
98%
101% 101%
'
J-D
Jan 1949
A
1st & ref 5Vis series B
1st ft ref 5s series C
1st & ref 5 Vis series B
&
1st
70%
May 1948
6s
6s
103%
19
98%
J-J
Jan 1949
Power & Light
Illinois
70
'
M-N
6s
Debenture
101%
105
3
103% 104%
104
A-0
—1966
3%s
Idaho Power
70%:
__
Electric—
(stamped)
Conv 6s stamped
90 y
51
$53%
-
■
J-D
,
1948
series B
6s
$104% 107
—.
1951
&
6s
Stinnes
1958
Hygrade Food 6s ser A
108
1989
AStarrett
•;
103% 103%
F-A
1945
Houston Lt ft Pwr 3'As
106
'
Spalding
M-S
-87
;•
97%
79
209
M-S
1950
1963
3%
Grocery Store Products
Guantanamo ft West 6s
JAGuardian Investors 5s
Pow
Mountain
106
(Calif)—
3s
Indiana
M-S
1969
;
General Pub Serv
Green
104%
102%
123%
California
J-D
1953
1978
1965
1941
1950
A
105'A
100'A
1971
Power
California
._1946
3%s
5s
Power
100%
103 'A
121
$123% 126
M-N
1961
1966
1954
—:
Florida Power Co 4s ser C——
Gatlneau
97%
5
104% 105
103'/a
104%
Carolina
1st mtge
85 Va
3
109 /
24
131
22
;
59
101%
~
131
93%
$104% 104%
$104% 104%
J-J
92%
114
__
93%
•
79
108%
105% 105%
105%
110%
1
105%
112%
103% 103%
:
M-S
109%
South
Southern
Mtge Bank—
Residential
__1947
99%
1954
& RR 5s
Empire District El 5s
Federal Water Service
D
120%
1956
2030
1956
A
Light 5s
6s-5s
Sheridan
series
111
111
■
15
104'A
A-O
1952
&
*
A-O
1970
1955
3%s
Eastern Gas & Fuel 4s ser
'
1967
4%s
119
25
92%
$64
93%
1944
Packing
Finland
111
=
Af-S
A-O
1st
156
111 '/a HI '/a
$128
J-D *
M951
Shawinigan Water & Pwr 4'As
98
106%
138 'A
.
-
.
1952
6s
91
—
1951
97'A
85
& Pwr 6s B
Estate
-86
99%
92%
Scullin Steel inc mtge 3s
97'A
84%
<
J-D
Real
103'A
3
110
-
Cuban Tobacco 5s
Power
83%
52
125
1979
Joaquin Lt
9
h 153 % 153%
153%
A-O
ASchulte
98%
,
106'/a
'
1952
120%
98'A
$119
J-D
Gen
Electric
101
92
10
106% 106% ;
:
—
M-N
A
Southern
.
Consolidated
Cudahy
98
.-•97
99%
/•
San
(Bait)—
& Pr
series N
3'As
1st
7s A—
Pr
Gas El Lt
Consol
•
&
;
series
101
Jersey—
Harbor Water 4%s
Safe
54
97%
96%
97%
Af-N
1971
1969
1976
96%
J-D
109% 109%
59 % ;!>.
103 '/a
84%
179
96%
i&'
J-D
Lt
98
96'A
M-3
5'As
104'/a
89
9
99'A
96%
96%
1949
New
certificates
Queens Borough Gas ft Electric—
100%
100
103
rjiF'';i
of
J-D
46
'45%
■
103
99'A
J-D
1951
5'/as
Connecticut
87
'
Service
perpetual
108
i_
'
Af-S
1964
Sinking fund deb 4s
6%
115%
105
-
A-O
1959
4%s B
mtge 3%s
Public
46
100%
$102
M-3
1;- i
;
557/s
55
13
90
100% 100% :
v
-
38
$104% 107%
Debenture
107%
13
50
A-O
->Jan 1966
—■—-.1950
5s_
107%
107%
38
1st
'
F-A
5s
99%
105%
3
107%
37%
A-O
deb
Conv
85%
30
107% 107%
$107
37'/a
1955
B
Service
Cities
98%
98
J-J
5'As—t—>—1953
§ A Chicago Rys 5s ctfs
.
1927
Cincinnati 8t Ry 5 Vis A—
;
1952
Central States P ft L
6s
98%
M-N
J-D
1953
5s
Power
110%
111
13
$105% 106%
107%
109%
107%
_
Public Service Co of Colorado—
Canada
105
108
$108% 109'/a
$109
'
38%
107
Co—.
F
(Can)
"
35%
J-D
1962
stamped extended
Potomac
106%
101%
$104% 105%
103 %
Portland
35%
106'/a 106%-
„
Af-N
1972
6s
35%
102
J-J
1970
Philadelphia Rapid Transit
•—
$104% 105%
M-S
108'A HO'A
110
107
29
5s
Power
106
107'A
105'A
108% 108 y«
1979
Elec
105%
10
107'A
102
5s
1st
.1
;
108% 109
»
85
109%
F-A
3%s
116%
117%
3
122
106%
A-O
Pennsylvania Water ft Power 3%s_1964
101%
102%
-115% 116
116
J-D
M-N
Q-F
A-0
1
1948
Park Lexington 1st mtge 3s
Penn Central Lt ft Pwr 4%s
-
54'A
$105% 107%
25%
$104% 107
115%
16
1955
35
r,:
115'/a
84
Aug 1955
Oklahoma Nat Gas 3%s B
Oklahoma Power ft Water 5s
21%
83
108%
;
F-A
mtge
21
•
112
105
-
_
A-O
mtge 3'As
High
111
2
106% 106%
Af-N
1968
1st
20 Vi
21
Low
1
107'A 108'A
81
;
1945
Power
1st
25%
13%
Range Since
January *
No.
$115% 125
r
Ogden Gas 1st 5s
25%
122
21%
21
High
110% 110%
107%
•
Ohio
28
20%
21
J-D
1970
23As
Edison
•
1998
6s
6%s—
Bickford's Inc
Boston
Sold
of Canada—
series
M 5s
Bonds
Bid & Asked
3%s
.
1st 3%s series
-74%
14%
21 Vi
$21
21
J-J
M-S
'
warrants
Telephone
1st
Week's Range
or
Friday's
Sale Price
1969
5s
Continental
Philadelphia
Bell
& Gas
Westchester Ltg
D^benMirp
126%
107%
107 Vi 107Vi
Last
Period
Northern lnd Public Service—
109
$108% 108%
—
&
North
95
10
Y
.
•>"i:
•-.'.'.■107%
Friday
Interest
Mchnnge
Lot"
108%
107%
30
Curb
High
105
-108% 108%
M-S
;
1947
Gas
without
94
•
J-J
F-A
A-O
F-A
——>—1977
5'As
deb
'
M-8
;
-—1968
5s
Assoc T & T deb
York
Week Ended Aug. 20
Co—
AConv
A Debenture
109
105% 106'/2
94
A-0
J-J
1953
Elec
&
Gas
,
1956
5s
4%r
Elec
{Associated
5s
No.
$108% 109
106%
•
J-J
J-D
J-J
6s
Paper
& Lt
Pr
Associated
Atlanta
Low
103%
$108
.
J-J
M-S
2016
6s
'—1961
Appalachian Elec Pow 3%s—i
1970
Appalachian Pow deb 6s
2024
'
January 1
N Y State
debs
f
Pow
Amer
High
Range Since
Sold
$104%
J-J
J-J-
1950
1960
1970
debs
s
3%s
f
s
3VaS
Amer
Bonds
Gas ft Electric Co.—
American
1
BONDS
Friday's
Bid & Asked
"w i," when issued;
-
*
certificates of deposit; "cons," consolidated; "cum,"
cumula¬
"M,",mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"w w," with warrants;
"x w," without warrants.
THE COMMERCIAL
758
Monday, August 23, 1943
& FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
Baltimore Stock Exchange
v
STOCKS
•
Arundel
Baltimore
1st
Co
Transit
common
vtc—•
>
—s^—100
preferred v t c
:
:
Power com."
Consol. Gas Elec Light &
66% v
•
9%
67%
8
66
'
6®5
121
Tel. Si' Tel Co capital
Armour
&
Co
common—;
Asbestos
Mfg Co comihon—-
Jun
Athey
Automatic
Wheel
Truss
Aug
12%
Jan
57%
Jan
67 %
Aug
Aviation
42 %
July
Barlow
20
868
1287/s
Jan
Jan
158% July
■y> '6'/8July
Jan
y' 21% July
350
3
500
10
% Jan
1% Mar
2% Jan
yy n
July
2% Jun
!6%
6%
••1%
100
4%
550
•
Corp (Delaware)—
Finance
of
Co
Moore
Miners
&
U S
Casualty!—.—2
Bonds—
■■
.
series
26/4
1975
,B
1975
—
27
May
28%
AUg
Feb
?4%
•'
4%
__3
22
Jan
28
93
Jan
100
-
%
Jan
Bastian-Blessing to common—.
Bendix
% July
July
Aviation'
Berghoff
Borg
6,500
Mar
56
Jun
Bunte
Mar
64%
Jun
Burd
Aug
102%
Jun
100
"
,v
Brother!
.....
t
.
Castle
Co
&
Last
"' '
,,
Sale Price
STOCKS—
Par
Inc—
Fisher
<fc
Alles
1
100
100
50
—
American
Sugar Refining-—
American
Tel
& Tel
Anaconda Copper
Bird
Son
&
Inc
&
Edison
Boston Elevated Ry
Boston Herald Traveler Corp
Maine RR—
Boston &
7%
Convertible
155
.
preferred
^
V
31%
67%
18
32
69
—'
class A 1st pfd
23 %
4%
4%
4%
15
23 %
class B 1st preferred
__
4%
!__100
7% class C 1st pfd stamped
—
Trust——
—
.
——*
Common
100
195
130
10
160
5
4%
4%
15
,
' .120
Jan
100
55%
33% 33%
—
prior preferred™;.—
preferred
Eastern
Street Ry common—100
Mass
A—.100
67o
preferred B——_——+.100
5% preferred adjustment
—100
Eastern
Association—
Public Service
Group
Engineers
1
Electric
—
31%
Mergenthaler Linotype
—
Narragansett Racing Assn Inc—
Service
Apr
81%
Jan
102
24
Jan
.
103%
England Tel & Tel
100
York, New Haven & Hart RR.100
New
%
50c
62%
Jan
14
Jan
19%
Jun
Jan
32%
2.50
North Butte Mining
Corp
.100
Colony RR
Pacific
„
—
Mills
V
■
26%
50
RR
Button
Mach_
Hole
*
__
Consolidated
19%
20
20
100
15%
Feb
20
83
83
89%
.130
69%
Jan.
:-v7<r
Torrington
Union
\l
'
United
United
0
Edison
Biscuit
v
t
"A"
c
6%
cum
S
Jan
59
Jan
Apr
19% Jan
21%; Jan
27
July.
26%
2,700
4%
4%
1,050
2%
Jan
5% May
—50
—*
17%
16%
17%
910
10%
Jan
17% Aug
4%
4%
250
20%
346
98
Jan
117
Deere
July
25
Jan
50
July
6
Jan
20
July.
Income
2%
Four-Wheel
Jan
Jan
39%
30%
Jan
40
4%
Jan
Fox
July
9% July
Jan
12%
100
Jun
Jan
1%
90c
:-Z 65
35%
6
12%
150
3%
Jan
Jan
14%
5c
7c
130
4,450
6%
lc
Feb
10c
A
Class
Apr
500
50
7%
6
Jun
A
85c
Apr
Hein
lVa July
35c
50c
109
15c
Jan
25%
120
19
Jan
35%
12
__
Corp
40
5%
26%
27%
465
23%
Jan
10
10
100
8%
Jan
11
9%
Jan
14
July
Apr
70 %
70"%
Jan
36
60%
76 Va July
Apr
549
63%
Jan
72% May
47
July
50
1
41%
41%
51%
—•
—
10
common
40
42%
42"%
135
25%
Jan
46
23C
Jan
48o
Apr
32c
32c
32c
300
10%
11
118
7%
Jan
92 %
94%
25
80%
Jan
Light
103% 104
Week's
Range
Sale Price
of Prices
Low
2,000
105
103% Aug
i
common
*
common
For
footnotes
see
page
763.
July
52"%
802
44% Jan
56 Va
July
3%
Jun
6
Feb
100
200
33% Aug
35% July
•
75
4ye Jan
9 % May
37
39%
433
25
Jan
13
13
150
10
Jan
41% July
13% July
18%
19
300
17%
Jan
21
Apr
10
—10
1
17%
17%
50
12%
Jan
18
July
8%
8%
500
7%
Jan
v10%
9%
9%
150
4"%
Jan
Apr
9% Aug
3
8%
8%
100
7%
Jan
9
37%
37%
38
25
Jan
15%
15%
520
10
Jan
17
12%
13%
Jan
21
21
17%
17%
—18%
.;
__
.—
t
capital
Co
Katz
Co
Drug
-14%
—1
4%
1
»
common
Switchboard ,common—
Ken-Rad Tube & Lamp common
14%
Common
Carbonic
/
*
*
*
Field
16
July
Jan
5
May
'
300
5%
Jan
8%
Jun
150
4%
Jan
14%
Jun
96
Feb
101 %
Jun
2,800
7%
5
Jan
87/s
Jun
70
9%
1%
100
%
4%
5%
"
20
101
5%
200
19%
20
12 %
65
Jan
19%
( —
18% July
Jan
15%
15
15
v. 1%
19%
y.y
Jan
Jan
,
—1
5
•
——*
15%
6%
8%
12%
%
23
10
21
120
July
*21%
I
:
Jun
•
■
..
■
16% July
27% May
Jan
13
500
16
23%
2 ": July
5% Aug
2% Jan
...
15%
Mfg class A
Jan
3%
197/s
,
*
*
common
9%
50
7%
7
--
common—,
78% July
74% Jun
11%
101
7
————
Jan
10%
11%
7
Libby McNeill & Libby common
Lincoln Printing $3.50 preferred
July
Jan
7%
A——*.•
Kentucky Utilities 6% preferred..—100
4%
July
7
57
y- so
--
19
63
186
■'! -•'
Jan
4% Jan
98.
717/a
687%
Jan
11%
200
200
A 68%
69%
19
50
-
16% May
23% May
7%
520
6
6
6
71%
—
•
July
'
; y_
*
May
37% Aug
'
*
"■
'
.
Jan
-r
common—i
A
West
Midland
6%
7 %
Corp
——————
Shares
20
160
'
y;
lien—
41%
Jan -
10
Jan
$1 prior
High
.
Jan
Hart—
stock,
Common
Range Since January 1
Low
13%
.6% May
Jan
i;9 % Aug
Jan
1%
11,100
'
Jan
4%
8%
5,300
6%
9%
12%
800
' '
%
A
300
9%
10%
1,150
1%
Feb
9%
10%
1,600
2
Jan
A'Mar
10%
2 k
vtc
preferfedil
107/«
10
'
!
''
Montgomery Ward
14%
*
,
48 Va
Muskegon Motor Spec class A——
29% Aug
National
"
••
'
28
29%
950
6
13%
13%
100
11
Jan
13% Mar
National Pressure
15%
15%
16
900
12%
Jan
18 %
National
July
Aj Co common.—•
t|.
Cylinder G^s common.
29%
Standard
l
Jun
% May
"
-
10
100
100
—
57 % July
Apr
13%
'
•
lien.—Zt—!
prior
Miller 8i
High
53%
Utilities—
prior
•
6%
8%
12%
.
Cpqker common
,.
*■ ■:
^-1
2 y.
common—i—.10
•
,
—
;•
9J/4
—
10%
2%
2%
3,950
1
8%
107/a
11
200
46%
49%
698
33%
26%
29
230
25
12%
12%
9%
100
35%
250
Jan
8%
.
.,'
i 3% July
12
Jan
July
*
t-
35
Jun
jlO% Aug
s?
•;•*.
Sales
13
•
*
44
7%
common
-
May
for Week
53%
25
common
Jun
34% Jan
5%
57% July
Jan
Jun
5
25
33%
common
Harvester
(W B)
Jarvis
.'
*
-
Co
16% Mar
51V'8
Jan
=
Manufacturing common-*1
Gas
Jan
Jon
2
7%
class B—
McCord Radiator &
__
Par
Bearing
14
37Va
5%
Steel Products common——1
International
Liquid
40%
Aug
6% Jun
3% Jan
33%
99% July
$4,000
14% July
40
0
—*
11% May
48%
41% Mar
Jan
Mar
—*
July
43 %
42
48%
Jun
17% May
Feb
6%
15
100
Inland Steel Co capital
Feb
43 %
Last
&
100
3%
100
Indiana
July
Jan
Friday
Oil
33%
600
5%
16%
Spencer Bartlett common...25
Indiana Power &
10% May
5% Jan
3OV2
Jan
6% Feb
200
450
44 %
Illinois Central RR common
July
Chicago Slock Exchange
Laboratories
40
12%
40
3%
Werner Motor Parts.—
Houdaille-Hershey
Aug. 14 to Aug. 20 both inclusive, compiled from official sales lists
Ball
,
36%
16%
common.
si
Adams
35%
Apr
8% July
Jan
23
150
44%
———
Common
Aetna
y 200
15%
"
capital
Midland United conv'prd
Allied
30
3%
28% May
32%
' ■
common.
<
15%
'
common—5
conimon__-_
Printing Co common—
Harniscnfeger Corp common
Heileman Brewing capital-T_.
2% Mar
V
7% ;
30
—
1,
Great Lakes Dr & Dk com
:
108% May
Jan
Jan
24c
,::
13%
Jan
10
July
Jan
86
7%
y
5
Gillette Safety Razor common
Aug
24%
375
Jun
425/2 July
26% Jan
200
Goodyear Tire & Rubber common
„•
Gossard Co (H W) common.———*
Class
Co
May
42
July
50
Middle
Steel
July
76
11%
*
common—:
Motors
'
Acme
6
Jan
20
38%
Merch & Manufacturers Sec—
Adams (J D)
Jan
100
11%
Lindsay Light & Chemical common—^
Lion Oil Refining capital™.
_*
STOCKS—
2%
6
75
36%
—10
Co
Finance
General Foods
May
33
Jan
12c
—
series
19 /
Jan
y
Brewing; common
Denver
General
';-
5
io%
Massachusetts Street Ry—
A—
1948
4%s
Jan
__
Auto—
General American Transp
Marshall
Eastern
11%
38%
common
Drive
(Peter)
Gardner
9% May
14% July
—
100
14%
Jun
37
A—1970
23% July
17
6
5
.Fuller Mfg Co common
Jan
series
100% Aug
Feb
75
A-Jvy
:,y.' /•
Fairbanks Morse
Apr
7% May
Apr
mtge 4%%
Jan
17
17
17
Elgin National Watch,Co—15
Eversharp Inc common——■— ti
1
11% July
Jan
7%
Maine RR—
Jan
83
50
" y.
Util Corp
Household
34 va
8% May
Bonds—
Boston &
10%
70
20%
*
common J
Co
&
Electric
yf.c; >.';■'
29%
50
190
20%
92
92 I
100
Dodge Mfg Corp common,
85
r.
18%
100%
18 %
30
-100
common
;
22% July
20% Jun
19%
25
common.
Packing
cumulative preferred
4j/4 Aug
2% Feb
9% July
112
1
47% Aug
15% Apr
25%
Preferred _1——L_—1.
y
37% Jun
Jan
2%
13
73%
•
Jan
4%
2% May
%
42
12%
System Inc
Westinghouse Electric & Mfg___
11%
26 %
Dayton Rubber Manufacturing com—1
Decker (Alf) & Cohn; common
10
—
Waldorf
100
July
Cunningham Drug Stoves——2 %
5
__
14%
.
-
May
July
Inc
—
38% Jan
18
16 Va
200
10
750
85
Jun
35
25
47%
Jan
11%
31%
Tunnel
47%
Jan
7%
49%
71%
July
17,350
3%
Crane Co
300
96
■6
5%
25
General Outdoor Adv common.-
704
Jan
Jan
4%
67%
Cudahy
31
preferred
9%
2
300
14
;V y 9 Va May
14
Aug
320
Jun
34
Metal &
Apr
1,400
Jun
31
Rubber
Utah
July
3^4
40
15
8%
Kellogg
U
111
79%
8% May
General
8%
70%
July
Jan
10
13%
8%
Apr
12%
23
61
92%
in
77%
Jan
35
United Shoe Machinery Corp
/Jan
.,60
7%
4 % May
A Jan
•
13 %
Jan
Apr
8%
72%
1,600
il
common—
6%
12%
Aug
Mar
•10% July
f Jan
26
<7%
5
common
35%
8%
Apr
July
92
-1C
-
-
common
Jan
12%
•
6
^;
,
,,-V l
r'iA Jan
60
14%
Jan
•
Co
3/*
u
13
1%
5
Fruit
,
4%
47%
1%
Drill
Drug
400
y
200
•
7%
1
Jan
*
(The)
•
60
—5
2%
29 Va
Co
Twist
'
9
—
pfd——*"
pfd part shrs—
Vtc
170
1,688
128
•
Assn.
Webster Inc—
&
Stone
•
July
Consumers Co—
'
Shawmut
29
Jan
20
Indep Pneumatic Tool v t c
Pennsylvania
Reece
Aug
•
15% Aug
50c
"common
common
Commonwealth
.
Hibbard
Old
..S1/* Jan
July
•
22
y, :4% Jun
10% July
Apr
8%
31%
308
320
1,550
r
Aug
27%
485
9%
in;
2%
101% 103%
1
50c
60c
9%
4
■
'i./t
,
80
1
Hall
New
Jan
16%
Yellow Cab capital-—
Chrysler
34% July
69
12%
—
Feb
3%
15%
—
•
28%
5%
—
--_i.-l
Cos
;!
__
5
Nash-Kelvinator
National
1
11%
15%
preferred
Cities Service Co.
90c
•
.1%
110
4%
•
Burrell"Corp
Chicago
Jan
400
:. 50
3%
22;
20%
;y>
Convertible
July,.
July
13
49
—
—*
.
.«
•
50
24
21
.-4%
.•
com
4%
23
23
i
P
•
4%
—
—
3%
;!
->w.
35
common
30%
•
:
100
Utilities Assoc vtc_—-1
7%
v
May
it'
28%
—
100
382
9%
preferred
38%
37%
10
19
'ZZ;' y.;T;:;:>',
pfd
States PowerLight
Jun
Jan
9
85
86
J
2jfi% July
10
9%
31 %
—
100
Copper
Maine Central RR common
Massachusetts
6%
37%
36%
7%
37%
—
International Button Hole Machine—10
Kennecott
9%
34
6%
—
*
Gillette Safety Razor Co
9%
33 %
—
—
•
—-—*
National Stores
General
—
• ".
225
15
25
250
8
112% 113
48
. 49%
' ' "< 17% 19
—
*
Lines common
SS
Employers
8
—
1st preferred series
69
63
v.
n.
28%
Chicago Corp common
158% July
24% Jan
36
55
55
6%
5%
23"%
2
2
—
4%%
First
32%
Jan
Gas & Fuel Associates—
Eastern
.
69
18
,;y '87/s Aug
Aug
}
preferred
Conv part, shares
stamped
stamped_100
5%
J
50
281
2,408
310
125
Jan
i
3% July
Jan
127%
Jan
13
-tj '
Cherry
High
17%
26%
50
-
•
30
Central
Range Since January 1
3
4%
470
18%
■■■'$
.
lien
Prior
Low
50
10
1,337
173
750
34%
'
86
& South West Utll
Preferred
t
Shares
12
12%
97% 100
32%
—
100
100
100
8%
6%
Central
'
prior preferred
Boston Personal Prop
lists
High
3%
3%
28% 28%
155% 155%
25% 26
—
•
100
25
100
•
—-—
Albany RR
Boston
Boston
* Low
"
'
•8%
18%
_r.
.10
u
common
Illinois:Securi|ies
:*
Sales
for Week
9 % Apr
39% Mar
.
Central
Exchange
Week's
Range
of Prices
33% Aug
16% July
>
.y;
■
>.
22
.
•
(A M)
■
r
260
.
8%
__1
.
Illinois Pub Herv
'
Friday
35%
'■■■:
.
Cjnnon
Central
inclusive, compiled from official sales
5% Jan
33%
:i ,■•/
...
cofiimon—
Ring
Foundry capital
'
;250
35
.•
,1814
comHion_^____^___;_—„io
Bros
Piston
Campbell Wyant &
Aug. 14 to Aug. 20 both
.450
8%
*
'<'*!«.
«
v
^
5% cumul co'hv preferred
j '
Boston Stock
150
15%
l
5
.
Fence & Wire—
Butler
55
;
__
Corp common.
(E J) capital
"'.Common —_'4-
'
49
__5
common
"
1
35
•Z: 22% July
>16
Jan:
:i3% Jan
21%
8%
- v
'
14% July
r >■.
Jan
15%
</
*,15%
t
Brewing Com——
Warner
Brown
:■
v
-
9%
21 v
*
"
X»
6Va May
3% Jan
>50
14
I
14
14
39% July
29% Jan
$15,500
1,750
5
Belden-Manufacturing) Co common—10
'., Belmont Radio Uorp_Jf^—
*
Brack Si, Sons
-
A com..
•>
Aug
62
Mar
445
class*
Mfg
■
27
100
100
f
26
52
58
57%
—
Jan
14
/'V'!.
—
10»/4 July
Jan
102
37%
51%
■
9%
22%
9
27 /4
100
37
-'-.r .t:-
,
62
99
1978 ! •—
5s series A
5s
j*
100
26
52
r>——50
4s
Baltimore Transit Co
228
468
26
Guar————50
Fidelity &
10
26%
•
25%
62
.26%
185
42
10
-10
:
nr-——25
Centra Ry_„ww
Northern
-.
Trans
Distillery
(Tom)
Amsterdam
New
—5
pfd Vtc—-25
A com
Amer
Houston Oil Of Texas 6%
Merchants
/V'41
10
Fidelity & Guar Fire Corp
&..Seeiig
XT
50
6%
V
35 % Jan
.111% July
150
•1%
i i%
—4
.—'—3
common
Jan
5%
-
July
90%
1%
l %
..1
capital—
Washer
42%
Jan
J. 60
V;
•
1
common
High
i
.
25%
20%
5%
5
■
Low
326
38%
153% 155%
1
Range Since January 1
High
106% 110
110
100
-
■..
4
Aro. Equipment Co
8
*
•
Public' Service preferred—100
2.95
1.00 Mar
148
1.60
1-55
,
Chalmers, Mfg Co
Low
37%
American
Mar
19
Jan
16
1.120
18 %
18
18
—•
Corporation
Sale Price
American
High
Low
High
Low
Par
STOCKS—
ShareS '!•?
of Prices
Par
Allis
inclusive, compiled from official sales lists
Friday
Week's
Sales
Last /
;;
Range
for Week
Range Since January 1
Sale Price
of Prices
Shares
Aug. 14 to Aug. 20 both
...V.':;.
•;
.
for Week
Range
Last
^
Sales
Week's
Friday
; •
500
Jan
Mar
9%
.
Jan
4%
Jan
26%
Jan
'
49% July
29
Aug
1.4% May
-! 9 %
38
Aug
July
Volume
THE COMMERCIAL
Number 4205
158
& FINANCIAL CHRONICLE
759
OTHER STOCK EXCHANGES
Last
Low
Illinois
Northwest,
Corp
Inc
common-
Parker
Corp
Pen
common
Co
Peabody com common
6 % preferred
Low
173/4
350
8%
10%
50
73/4
Jan
15
200
90.
__10
90
24
6M4
25
150
■
7 Ma
56 ;
,
33/8
:
■
■
American
City
15% July
99
General
-
j
Jan
Jan
23/b
Mar
8 Mb May
25
.
Feb
5
70
Feb
86 M2
27 M».
561
23 Ma
Jan
33
Peoples Gas Lt & Coke capital——_100
563/4
57 Ma
300
46 M4
Jan
Rolling Mill
Perfect; Circle
33 Ma
33 Ma
' 100
22 I
Jan
34
Potter
Co
(The)
Co
26 Ma
y
.
£;$
—
1%
1%
10%
107a
85
85
common——-i———1
(The)
Pressed.Steei Car common————1-;'
Quaker
Onts
Co
—• '
common
50
—
100
.■,'
%
6%
26
50
70
20
Ma
147
25
Ice & Fuel
Btandard
Brands
15Ms
3 Mb
Raytheon
6%
Mfg
Co.
Schwitzer
Searb
Cummins-
—
capital—i—
?»•'• Co
Roeoucw
class B
Corp
13 i'itf
50c
common
preferred----.-—
-4-5
/:■
2%
.«
.
6
•
;
x
m
capital
3
.
4
Rollins Hosiery Mills common--—
Serrick
150Ma 151
-100; "<150 Ma
-I
Sighode Steel Strap preferred
1%
5
12 Mi
12
V*
100
►>>7%
84%:
756
59 Ma
12 Ml
3 Ma
92
Feb
Mai-
200
3%
33%
3
100 »;■
Jan
14 Ma
July
Jan
3 Ma
Apr
'6 Ma
Jun
•
Jan
<•'14
•
Friday
South
May
4 Ma
Jan
34 Ma May
29%
Jan
11%
1,130
10
Jun
13 Mb
21 Ma
150
20
July
27 Ma
Apr
Spiegel Inc.
300
3
Jan
7'/a
Works
5
capital-
■
•-
■
common
Standard
Oil
333/4-
6
capital-
Sterling Brewers Inc common—__
—25
—
6 Ma
1
Ma <2% /•'
353/4
— —
200
363/4
>
•
IM2
28 Mi
if. 397
37/a
'
400
11 Mi
11%
V
v 100
14%
15%
1,400
26%
811
33/4
3%
Swift
&
Swift
International
Texas
Co
11 Mi
1? 5'
'A
■,.
•26
32
32
'
i%
Low
5
3
City
Ice
&
Cleveland
Fuel
*
Iron,
Corp
Union
8
Carbide
U
S
7%
Co
51 Mi
13%
"7
Eaton
,
Jan
Manufacturing
Goodrich,
common
cumulative
preferred
Utah Radio Products
28
293/s
M
B.
F
Co
54
<
~3%
Western
Union Tel
15Mr
60 Ma
350
14 Ms
2,121
a40%
40%
MM
a223/4 a22%
Medusa
Jan<' ;•
$5
preferred
cum
Portland
V
223/4
'
29
183/4 Mar
National
Acme
Jan
V'27% July
National
Refining,
35 Ma
42
Wieboldt Stores
Williams
Inc
common
—
common
•—
common
—*
8 Mi
Feb
15
July
Jan
2 5 Mi
July
Nestle
■»
3M8
<Wm
Yates-Amer
Zenith
Jr>
Radio
Unlisted
Co
Mach
Corp
—_1
Radiator & St
San
new
•
63/4
class
A——
Copper Mining
Topeka & Santa Fe
Bethlehem
Steel
com
79 Ma
Jan
86Ma
59%
Jan
16%
Jan
73Mi July
32% July
Weinberger
1,260
47 Ma
Jan
59 Mi
White
268
112%
Jan
July
125% July
485
Apr
Apr
16 Ma July
Mar
40Mb July
33
30Mb
Jan
35%
9 Va
Jan
15
14 Ma
Jan
18 Ma Mar
2%
Jun
Feb
July
3M'4
50
;
63/4
7
625
91 %
«
75
2Va
200
a4Me
__
91M2
a4Ma
Feb
12M4
a8Mi
100
323/4
463
a8Mi
__
12M4
32
•
3 Ma
7 Mb May
Jan
385
a8M4
Jan
65
91 Ma
-5 Apr
1"
Aug
2 Ma May
Jan
123,4 Aug
233/b
Feb
34Ma July
100
Van
Dorn
Iron
Works
Drug
_•
8
15
15%
492
9 Ma
Jan
20
Mar
83/4
8%
105
7
Jan
9
July
a22Ms
22 Ms
28
a36Mi
36Mi
38
»
Stores
50
__
*
Motor
„
50
—
Youngstown Sheet & Tube—
—
*
__
43/4 May
Jan
Jan
28
July
General Electric
/ :, 150
a363/s
37
36%
267/s
Jan
40
July
Industrial Rayon common.
*
a393/4
393/4
96
94 Ms
807s
Jan
983/4 July
5Ma
Jan
10%. Aug
National
*
al8%
183/8
25
al6
16
50
a53Ma
53 Ma
24
1013A 1013/4
$1,000
.
!% 11:
146
100
,
3
r
250
,
l3/4
Feb
4% Mar
200
3
8
5 Mi
Jan
8 Mi
New
5 Ma
68 '/8
323/s
3%
100
85
:
6%.
58 Ms
245
33 Ms
63/4
Jan
19%
Apr
70 Ma Mar
Jan
43% Jan
600
7 Mi
S
Mall
St
Cast
common
York Central RR common
•
Steel
•
Bonds—
W R
I
__
debentures
14 M4 Mar
19 Mi
Apr
*
,
Co
-
,
common
Jun
5M2S
—1944
May
l01
Feb
Feb
102
37 Ma July
Jan
•
8%
8%
6 Ms
Jan
113/4
25%
253/4
26 Mi
905
24%
Jan
313/4
587/s
583/4
60%
490
45 Ms
Jan
65
July
59
59
597/s
462
56
Jan
69
Apr
•
Electric
'$4
Co
:
"
1,100
-
-
1,017
67s
37%
36 Ma
36%
•
9 Mi
7 Ma
7
1
i
Interlake Iron Corp common
806
307s
:
Apr
Jan
Jan
York
Watling, Lercuen & Co.
:x
397s July
9Mb Apr
17 Ms
24
17%
17%
277
5
12
12
127/s
1,245
6 3/s
Jan
15
Jun
•
16
15 %
163/s
1,385
10 Ma
Jan
20
May
Jan
Co
common
1
'
-
Members
New York Stock
Detroit Stock
Corp
L)
\
9% May
Jan
*
Jun
Central RR capital
(Glenn
Nash-Kelvinator
New
15
71
Jan
Jun
100
Corp common
Curtiss-Wright
Martin
3Ms
2Mb
_*
Bros.
65
••
•
♦
Corp
Ric.nman
361
50
com
Anaconda
General
3M4
ai53/4 al53/4
__
20 Ma
5 Ma
*
Jan
Jan
10M4
Stocks—
American
Atchison
125"
•
■2.:-
6M1
5
common
i6Ma'!
16
200
67%
capital
capital
105
500
8
Industries common———2
Wrigiey
100
13 ya.
3%
■rv
Woodall
10 Ma
59
20
34^
13
•
—
LeMur
Packer
U
Bankshares
•
25
al07Maal07Ma
—
..
Prior preferred 6%
Apr
151/8
•
Oil-O-Matic
Wisconsin
High
9 Ma Aug
,
38
26%
11
.
>
Jun
53 M» July
v
205
37 Mi
39
341/4
#
National Tile
Jan
:
al07Mj
*
Cement-
14 Ma
Jan
—
__*
_
413/s
a37Mi
a38
—
•
Steamship
Kelly Island Lime & Tr_—
a383/4
__
100
Rubber
Jan
"
50
); Il.l
42
36 Mt
36 Ml
LOW
6V4 Jan
.
200
^
92 Ms
100
Westinghouse Elec & Mfg common
66
3%
•
common—
101
26%
1
common
Jun
8
Range Since January 1
100
14 y8
Unlisted—
Walgreen
9%
143/4
•
—
&
(M A)
4Mb July
Jan
482
119 Ms 1193/4
100
common
837/s
70%
52 Mb
52 Ma
55Ms July
Jan
.»•
>
15 Ma
__25
Interlake
July
383/4 July
18
823/4
W
5
capital
-
60
—»
Preferred
Goodyear Tire
3
-
21
693/s
20
*
Transp
High
9Ms
a
5
General Tire & Rubber Co
Jan
v
14%
305
28
capital
common
Lines
Air
Steel
Carbon
&
Gypsum
United
Jan
4Mb
Shares
60
preferred
common
Seiberling Rubber
U
44 Mi
July
for Week
a333/4 a333/4
*
Cliffs
Cliffs
July
,1.
22%;22
Air Lines-lib
•' ■'
•
50
32;..v-..
'50 Ms
51%
common———— —2.■■
Transcontinental & West
-
13%
-25
-
15 Ms
26
-15
capital-*-
capital
Thompson (J R)
'
—25
capital
Corp
f'r
5
15% Aug
5Mi Jun
Sales
'
of Prices
Par
Metropolitan Paving Brick
5
Stewart Warner Corp common
Sundstraiid Mucnine Tool common
Jan
Jan
2
Exchange
Range
Sale Price
American Coach & Body
Hanna
•'< 2
1
common—
Indiana
01
-
V!
Dredging
Standard
*
10Ma
93
16 %
Jun
j—
—
Lathe
High
Jan
85 Mi July
Jan
Mar
21
■
*
Corp
Bend
12
3 Ms
Week's
Last
STOCKS—
■
Sinclair Oil
560
15 Mb
Cleveland Stock
v
Mar
155
ll3/s
30
-
50
120
7 Ms
10%
Aug. 14 to Aug. 20 both inclusive, compiled from official sales lists
Jun
Mar
2%
1,000
6
81 3/4
•
r
1
common
250
13 Mi
■3
-
52%
6 Mb
7
Jun
Jan
Ma
52MB
51 Ma
31
Jun
Brewing Corp of America.
Preferred
13%
•
May
13 Ms
Jan
13 3/4
♦
10
23/4 May
Jan
Low
13-
•
Motors
61 Mb July
81
—5u
Range Since January 1
High
Jun
81
263/4
-100
capital—i—_
RR
Low
Shares
Aug
80 V
Pennsylvania
of Prices
Par
Columbia Gas
Jan
14%
50
July
10% Aug
23 3/b July
4 Ma
200
.
'
V-
7
'
■
Sales
for Week
Range
Sale Price
Unlisted-
Apr
103/4
10
'•
25 "
33/a
5
B-,
•••/;•
19
Jan
14%
600
15
t
_100
-
High
Jan
—.
common
High
20Ma, 21
Northwest Bancorp common
North West Util prior lien pfd_.
Omnibus
'/a
STOCKS—
Range Since January 1
17 »/a
common.
Amines
Last
Shares
10%
17
Week's
Friday
for Week
Range
of Prices
Par
„20
North American Car common
Northern
Sales
Week'#
Friday
Sale Price
STOCKS—
Aug
New York Curb Associate
Exchange
Exchange
Chicago Stock Exchange
May
•
25 Ma
27
590
151/2
30
Inc
capital
*
33%
35 Mi
215
26%
Jan
40
July
Pure
Co
(The)
•
17 Ma
17 3A
370
9 Ma
Jan
Jan
19 Mi May
12 Mi May
Jan
20 M»
DETROIT
Telephone: Randolph 5530
July
Pullman
Ford Building
Paramount
Oil
Pictures
Radio Corp of
common
common
•
Standard Brands common
9%
9%
17%
17 Mi
17%
67/a
7%
7
-
_•
U.
Corp common
Rubber
S.
Co
14
2,515
4%
8
Jan
July
1
—
170
463/4
Jan
12
1,100
55/s
Jan
59Mb July
133/b Jun
43%
270
25 Ma
Jan
45 Mb
17%
■
Detroit Stock Exchange
Jun
57
42 Mi
.-.'v.
10
Yellow Truck & Coach class B
// 5
539
11 Mi
1
common—:
1
563/4
Standard Oil of New Jersey capital—25
Studebaker
735
10 Ms
*
America common
Republic Steel Corp common
183/s
185
123/4
Jan
183/b July
Friday
Last
STOCKS—
Sale Price
Par
Burroughs Adding
Cincinnati Stock
Exchange
Detroit
'
/<■
/r'
■;.■
Last
STOCKS—
Shares
American
Baldwin
High
9
9
i
Industries
Laundry Machine
■
'•.
'
V
Low
High
I.
5 Ma
Jan
27 Ma
26
20 Mf
Jan
28 Mi July
100 Ms 100 Ms
100Ms
Churngold
Cin.
9
107
X 107
10
100—
10
*
— —
Crank
Ball
—5
—.
—
3 Ma
Cincinnati Gas & Electric preferred_100
O.
N.
&
T.
P.—
98
Preferred
Cincinnati
;;—
.
; 101
100
—
Street'
Cincinnati
Cohen
.20
—-
100 Ms
Mar
91
-
997/a
5
13
.
98 Ma
...
5
Jan
107 Ma
:>■
< Jan
100
2 Ma
81%
Jan
84
11
Feb
72
3%
117
96
Ma
Feb
Telephone
8M»
—50
73
74
—J
(Dan)
Crosley Corp
140
101
117Ma 117%
50
—
8
115
60
180
Mi.".
,
Apr
Jun
July
4 Mi July
98 Ma July
Corp
v.
Preferred
:
—
Eagle-Picher
■:
-7
u-
95/s
Aug
Jun
8
,<■
Jun
23% July
Jan
-/y':./
19
V
23/8
3 Ma Mar
Jan
114
class
—
67
10
-
58
"
'.-<75
Jan
Jun
—————1
••
A
18%
—
•
..
77
133/s May
.70
163/4
Jan
35
155
20
/
Jan
30
May
114
60
27
7%
11
J
177s Mar
183/4
18 3%
42
43
149
9
100
6M4
Little
Miami Gtd ——:
50
—
Lunkenheimer
247s
Industries common
General
Finance
Motors
2.50
;
.
Meteor
21
<
3%
*
Procter & Gamble—
M"
54
31%V,
/
.
Jan
37
;
f
Goebel
U.
'.
Playing Card
S.
—10
Printing—
Preferred
For
r_
footnotes
see
page
■
50
——i—i—
763.
40 Ms
63/4
,48
Ma Jun
.700
1 Ma Mar
2
May
22% July
Jan
15
Jan
2
5 Ms
5 Ms
5 Ma
37a
37/B
380
523/4
52%
523/,
1,413
27/b
27b
430
"1M2
1%
1%
808
83c
Jan
19 Ma
19 Ma
165
14 Mi
Jan
1
& Bearing
Hoover Ball
1
common
common
Hura Lock
&
10
*
1
Mfg common
Kresge (S S)
common:
:
Masco
Products
Screw
McClanahan
Oil
Co
common
common
Michigan
Michigan
Sugar
Abrasive
Silica
.
385
10
10
300
69c
.
69C
500
3M4
17
?
May
2
6%
Jan
Jan
'
44 M2
Jan
1%
Jan
4%
51c
19 M2
237/8
320
1%
237s
^10
1
IM2
1%
900
1
900
13c
20
20
1
_1
"l>4
Jun
4
v
Mb May
56
July
3 Mi May
2V2 May
?0
July
Jan
11% July
Jan
83c
Jan
Apr
23% Aug
Jan
Jan
1% July
28c
Apr
1%
13/4
100
1%
Jan
2 Mi
Jun
13/4
1
common
2
900
1 Va
Feb
2 Mi
Jun
Jan
1V4 May
13/4
1%
100
1%
Jan
2Ma Mar
10
9%
9%
115
5%
Jan
11% July
*
3%
4
371
2 Ma
Jan
5
Jan
10
50c
common
1%
100
82c
82c
common—
Murray Corp
Packard
Motor
92
21 Ma
Peninsular
9M2
104 Ma
Feb
20
35^
420
4
33%
33/4
...
447
6
l3/4
25
Jan
3
•>
20
545%
Jan
2 3/s
Jan
44
30 Ms
Jan
common
62c
Jun
Rickel
River
(H.
397a
63/4
47 Ma
40 Ms
63%
48
»<-
227
<
6.
3
.
:
Jan
2'%
2Mb
Jan
3 Mi
3
3
1,100
IM2
Jan
3%
Jun
10% Jan
15 Mi
July
550
Investment common
—1
I 2
W.)
Raisin
2
common
Paper
common
2 3/4
•
1
6%
76c
Jan
Jun
Jun
Simplicity
Standard
Pattern
Tube
2%
common
1
B
1
"1%
1%
1
1%
common
13%
133/4
10
common—
/
345
2%
400
1M* Jan
2% July
1%
412
1M4
2V4 May
Jun
Tivoli
Brewing common
class E
Warner
common
—
I3/!
1%
300
*
1%
15/b
1,433
1
1%
1%
145
1
3c
3c
IOO
Jan
2
Apr
Jan
2
Ma May
1
Aug
1% Mar
2c
Mar
7c
1Mb
68c
42% July
7 Ma July
"
lMa
370
133
1%
Jun
8
Jan
38 V. Jan
125
23/4
97/B
1%
Jun
57.
.
2
97/B
1
common
Prod
May
May
1% July
2 V4 Mar
♦
common-
Mtl
Jun
47/s May
33/4 Aug
Jan
10
,
48%
Car
Universal Cooler
S
27% Mar.
16
17 Mi
13/4
10'
Brewing common
Graham-Paige
Tffi:
v
Parker-Wolverine
July
32 Ma May
102 Ma May
20
104
.533/4
6
U
24% Aug
13 Mi Mar
1
common
common
Scotten-Dillon
Magnavox
200
100
3
Wood
20 Mi July
Feb
30%
104
—
»
Ma
Gar
Prudential
31M4
•
—
24
153/4
153/4
43
Feb
576
•
9
Xroger
24%
IS3/!
100
Jun
26 Ma
v/;,;
v*
Jan
31 ■»; 33 Ma
—"
——
Hilton-Davis
Hobart
10
;——
.Art
Apr
274
1,028
17
74 Ma July
Jun
8
154
60
9
Jan
y
235
3
3
67 /:
f
Insulation
Formica
Gibsoii
100
—
—
5
3%
213%
5
1
Mid-West
'
.
Jan
37s
17
3
common
Michigan Die Casting
—
3
Jun
7 Mb May
"117 Ma May
Jun
■
34
8
20 Ms
101"
Feb
75/s
74
8
19 y8
——197/a
Dow Drug
Jan
21 Mi
3%
5
Hudson Motor car, common
C.
High
43/s
15 Mi
Jan
360
6
93/4
17
20
Mogul common—
Frankenmuth Brewing common
General
Champ Paper preferred--:
Low
130
12%
6
common—10
common
Range Since January 1
High
10 Ma Mar
27
100
—
Nav
common
Corp
Shaies
Range Since January 1
10
20
preferred—
1
Federal
Low
Aluminum
Ex-Cell-0
for Week
Range
of Prices
Sale Price
Steel
of Prices
Sales
Week's
Friday
■'
Edison
Detroit
common
Sales
for Week
Range
Low
*
Cleveland
&
Detroit
lists
Week's
.12%
Machine
Continental Motors
Aug. 14 to Aug. 20 both inclusive, compiled from official sales
from official sales lists
Aug. 14 to Aug. 20 both inclusive, compiled
July
50
May
Aircraft
Wolverine
Brewing
common
Mar
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, August 23, 1943
OTHER STOCK EXCHANGES
Los
Philadelphia Stock Exchange
Angeles Stock Exchange
Aug. 14 to Aug. 20 both inclusive, compiled from official sales lists
Aug. 14 to Aug. SO both Inclusive, compiled from official sales lists
Friday
v,v\:
Week's
.
■
>
Last
;
;'v
STOCKS—
Range
of Prices
Sale Price
for
Low
Inc
-50o
Company-Lu
1
Barker Bros Corp common—..:—.—_*
Blue Diamond Corp———L-;.-—
2
Aircraft
Accessories,
Bandinl
Petroleum
—
__
*
Broadway Department Store Inc
1.80 Feb
3%
20C
200
Jan
5
7
2,500
Feb
1.35
61C
13
12
-
Jan
400
7% Jan.
American Stores
Jun
Aircraft
—-——1
Co
——5
Consolidated Steel Corp—-——*
Preferred^.--—-—-*
Chrysler 'Corp
America-——.———1
of
Creameries
Douglas Aircraft Co—.
Products
Electrical
77a
-•
,
Corp
Baldwin Locomotive Works
July
General Metals Corp——1
Gladding McBean & Co
Goodyear Tire & Rubber
Hancock
Oil Co
i-
5272
13%
387/s
—2.50
.—-•
.—*
Co
—
Menasco
Mfg
Co
Jan
41
5772C Jan
40
47/a Jan
38c
65
1.20
26
—
32c
35c
1,100
—
40c
40c
30C
Feb
65
1st
Sun Oil
-—1
Oceanic Oil Co
Pacific Clay
Pacific
.
—*
—
Electric
Gas &
1
1
Products
•
Jan
36c
May
35c
Jan
60c
May
9
Mar
1st
6%
5% %
Pacific
preferred—
'i,
25
1st preferred————25
Lighting Corp common
*
35%
—
*
23%
Jan
30
135
3074
Jan
36
-
—
5%
5%
200
64C
18
427a July
44
Jan
567a July
77a
77a
941
47a
Jan
974 May
67a
674
285
274 Jan
7%
4%
,
—
.,
672
530
1.10
100
3%
3%
37/s
225
3%
Jan
common——25
43%
40
27%
95
3574
Jan
$3
Corp common
preferred——
...
*
—
distribution—;
Ex-stock
\
;
——
57
32
Jan
42
177a
Jan
27
July
3%
165
—
Southern Calif Edison 6%
572%
6%
pfd
preferred A—-——
Pacific
Southern
327a
25
—25
25
25
preferred C
South Calif Gas Co
6%
pfd B
Ttansamerica
of
Oil
Union
California—
Consolidated Oil
Universal
Weber Showcase & Fixt 1st
10
115
Jan
Jan
8
Apr
.
;
13% July
10
6% - Jan
3,000
3,477
1574
Jan
12
100
874
Jan
13
'
'-Lone
Mar
20
Jun
16
30
Mining Stocks—
6720 Apr
Mining Co—10c
•
Sani Corp
8%
"loo
Tel & Tel Co
American Viscose Corp
8%
87/a
225
39%
American Smelting & Refining Co_ "II"5
397a
39%
45
al55
al55
a467a
——
Copper. Mining Co
Armour & Co (111)
257a
—
—
Columbia
57a
Vultee
Corp—
37
47a
140
Foods
International
Kennecott
York
Tel
Corp—
American
North
American
69
347a
30
15%.
477a
20
47a
110
147a
87
78
5
*
307a
57/a
347a
20
77a
285
al9%
2074
45
Jan
5
Jan
'
Aviation, Inc.
2072
y
————100
99%
99%
997a
Car
Standard
37
Jan
7
30
—
■
235
35%
307a
25c
38%
125
Jan
977a July
100
5
Feb
474
Jan
2c
2,000
3%
77a
77a
55
327a
327a
150
21%
21%
125
■
Jan
41
10
30
Jan
35
52
54
Apr
Established
16%
65C
107a
Jan
2074
-
97a
Jan
14
1
•
Jan
Pictures
Inc
4
12
Apr
Jan
21
America
a
17%
5
SI. Louis Slock
a9%
267a
157a
Jan
2774
7C
24
Jan
17 72
1774
42
12%
Jun
a9%
97/a
935
8174
270
175
&
■
Co—.
*
Standard Brands Inc
Oil
Studebaker
Co
(N J)
a7
Co
.
78
r%
a567/a
•
.
1
Corp
567a
1174
al2
25
12
277a Jun
317a Apr
197a
July
Jan
Last
857a July
4%
Jan
42
47%
Jan
135
57/a
Jan
45
24%
Feb
a267a
2674
(The)—
,
a507a
25
Tide Water Assoc Oil Co
10
United
Air Lines
5
United
Aircraft
5
United
Corp
TransportCorp—
(Del)
507a
35
1374
20
,42%
8
—
f
*
—
110
18%
Jan
327a
25C
27%
Jan
1%
1,05C
5474
16C
1
—
United States Steel Corp
97/a
28
327a
—
5274
5274
Jun
Pepper
5
rl2%
al2%
Western Union Telegraph——
Westinghouse El & Mfg Co-
—
Willys-Overland
Motors
footnotes
see
page
.100
-50
1
Inc
763,
36%
—•
■
13%
hi
48
77a
227
37
92%
10C
a772
7%
8C
36 72
1
—
Jan
Jan
Jan
Key Co common—
Laclede
-
May
Natl
National Candy
59
Aug
—
/
-
40
,
878
&
Sply.
common—*
Bearing Metals common———*
1st
2nd
preferred
preferred
common—-———-*
—
—
-
—
————
100
100
Louis
Car
—
,
—
—
15%
Jan
.17%
Jan
2674 Aug
207a
8
207a
8
105
127a
37
5%
17
574
17
16%
—
35
122
1067s
-J
St LoUis Pub Service common A——-1
Stix, Baer & Fuller commonWagneV Electric common
10
15
Apr
34
10
17% 17%
—
Jan
Jun
'2272
19%
2674
16%
--—100
Aug
1
July
1974
—
common---.————10
Preferred
50
43
Jan
2674
15
35
167a
15
35
123
123
1057a 106 7a
July
157s July
82
Jan
Piping
28
37
2%
Steel
Missouri Portland Cement common—25
3974 May
27< May
Jan
82
—.—-—*
common——20
5972 July
36% Aug
37C
a927a
—*
common——--
Range Since January
31
37
—
Huttig S. & D. common
———5
International Shoe common———*
St
Warner Bros Pictures Inc—
40
—
1
1
Mfg. common
5074 Aug
1574 July
Jan
1374
28
—
Sales
for Week
Shares
High
2672 Aug
/
Jan
28
'
common———*
Shoe
Brown
Burkart
Coca-Cola Bottling common
13
'
'
'
—-
Low
Par
Midwest
Texas Corp
Range
of Prices
Sale Price
1274 May
5974 Jan
5
245
Week's
Friday
Dr.
Roebuck
Exchange
compiled from official sales lists
May
a 26%
a
Bell Teletype SL 593
Aug. 14 to Aug. 20 both inclusive,
July
Jan
8174
a26%
Phone
CEntral 7600
■
1674 Mar
274
6C
55C
a267/a
50
*
Corp of
1874
24% May
Postal Long Distance
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
Chicago Stock Exch.
1878 July
4
0
Members
St. Louis Stock Exchange
Apr
10%
'18%
32% Aug
1574 Jan
;
New York Stock Exchange
Apr
♦
374 July
978 May
35
Feb
1922
1
6672 July
f
Jan
AUg
'
Mar
150
3C
Apr
27e
6%
.; 600
Jun
36
137a
16C
2c
July
607a
1678
Aug
Jan
70S Olive St.. ST. LOUIS
'
31%
10
85c
Edward D. Jones & Co.
Apr
307a
16
55
Jan
lc
.
Feb
25c
20
'■ ;
6% Apr
May
36
700
St. Louis Listed and Unlisted Securities
;
a60%
16
Mar
1%
3%
32%
95c
84%
2c
*
July
Jan
32
.
85c
,,
8
387a Aug
17a Jan
517B
2c
Jan
100
1%
9374
57a
624
75c
—
974 Jun
31% Feb
■,
Apr
32% Jun
67a Jan
70
July
•r
8% July
40
100
«•;
.
517a
Vanadium Alloys Steel
July
97a
41
a2978
July
60c
5
Springs—i.——-—-5
——.—*
Steel
3
102
8%
1%
.
177a May
Jan
92
'774
9374
1
Jun
174 Aug'
Jan
772
60c
7%
—1
Jun
5%
Jan
17a
8%
—
—
San Toy Mining-.
Shamrock Oil & Gas common
7% May
Feb
39
*
Co
Radio
For
15
3872
I
High
317a
174 Aug
55
•
Pittsburgh Steel Foundry preferred-100
'
4% Jan
297a
317a Jan
alO
*
Co
*
&
100
1%
120
—-1———10
V
Jan
2
1,181
431
Jun
301
16
—
Company
Motor
Paramount
Swift
V
2%
Apr
37
;'7:
•
RR
Pennsylvania Railroad Co,
Standard
4
167a
Screw & Bolt Corp
—
18
70
34%
O
—
Pure Oil Co
Sears,
Low
2%
—
,
Range Since January 1
-18% Jan
79
27 7a
16%
Pittsburgh Brewing preferred-——*
Pittsburgh Oil & Gas__
5
Pittsburgh Plate Glass———a——25
33% May
Jun
2
Jun
May
July
--
4272
16-
26
High
2 74
Supply.;——i--———10
Fireproofing Corp
1*
National
19% May
al47a
Feb
Aug
Sales
Shares
16%
STOCKS—
Oil
12%
20 7e
20
317
,
——1
Star Gas-—
38% July
al37/a
-
*
Central
Feb
41
a297a
-------—-—_
North
Packard
1574
237s
July
27a July
Ap?
6074 Aug
2974 Feb
37
—
Tel &
12%
6%
35% July
a7
*
♦
Copper Corp-—-—
Inc
.,
al97a
Corp
Jan
36
574
'.nn.
•
Co
3%
75
47a
—
—
General
Ohio
10
Jun
Jun
27
129
•:
••
International Nickel Co of Canada-
New
Jan
1%
6
July
6472 July
Jan
2172 Feb
59%
a 14
v.;
Jun
48
177a
i
5
31%
35%
a47%
m..
—1
Class A
Loew's,
Jan
57e
Jan
Jan
347a
:
--
Corp—^IIIi
Air
(Del)
Curtiss-Wright Corp
Electric
Jun
43% July
156% July
3472 Jun
Jan
3%
133
17%
a347a
__
*
Continental Motors Corp
Continental Oil Co.
;
Jun
247a
270
35
'
0
Co.————
Electric
General
•
.
Ga3
:
a5972
al7%
I.
•
5
Tractor
Consolidated
I
5
—
_
257/a
26%
47a
a35
*
—.
__
Boeing Airplane Co
Caterpillar
11%
Jan
32%
345
607a
47a
Corp—-——
Corp
798
57a
Locomotive Works vtc_— —13
Bethlehem Steel Corp
Borg-Warner
674
39% Aug
131% Feb
175
a26
a60
(Del)---.—
(The)
Aviation
Bendix
467a
a59%
———
Atchison, Topeka & Santa Fe Ry. -100
Co„———— -25
Corp
155
457a
Atlantic Refining
Baldwin
17%
900
3,873
10
Westinghouse Air Brake
Anaconda
Aviation
;
2%
Stocks—
Amer Rad & Std
American
456
10
HI Jan
•
'•Renner/Co/W-^.-i—
Unlisted
174 July
;
274 Aug
274 May
3474 July
31%
374
1%
—
Mountain Fuel
Pitts
Black Mammoth Cons
;
10
Commercial Corp
Koppers Co preferred-
July
18%
Electric common-—*
Pitt Brewing--
Fort
227a July
1872
—
74 Feb
,
for Week
2672
267a
—*
Devonian Oil
May
21
&
Gas
Continental
2474 July
197a Mar
16
12
—
.
8
21%
Columbia
36% Aug
13
637a Mar
&
Week's
Low
Alleghany Ludlum Steel
3074 May
397/a May
16
337/a July
8% July
V
1,248
of Prices
1:;!
36%'Aug
20
2074
pfd——*
327a Mar
13
77s
Jan
2872
2674 Jun
Jan
compiled from official sales lists
JFriday •;:
Sale Price
STOCKS—
3172 Aug
237
518
21%
Feb
33
3,270
...
Range
W;:7
3274 Aug
120
38
r
Pittsburgh Stock Exchange
Aug. 14 to Aug. 20 both inclusive,
478 July
Jan
287a
334
28
„
25
-
274 Jun
30
873
26%
8
5
3674
1.50 July
Jan
"
3778
,
—
—-—2
Corp—
Transcontinental & Western Air
36%
367»
26%
—
—*,
Taylor Milling Corp
36%
—
*
Co
'
—
Standard Oil Co of California—--—•
,
32% 32%
31% 317a
'
307
4,794
15%
207/a
20
Westmoreland Coal
Jun
45
v
Safeway
Jan
1%
2%
1%
34% July
Jan
487a
72
297s
'•>27s
27a
,—;—10
Westmoreland Inc—
467a July
Ryan Aeronautical Co———————-1
274
85
267a Aug
12074 Aug
11% July
774 Jan
25c
Jan
577/a
%
1%
72
297e
974
27a
'
——25 7
——*
—
57s Mar
Stores, Inc——
—'* '
43 •
"43Security Co units of ben int,———40
Shell Union Oil Corp——
15
„
a277a
Solar Aircraft Co—
1'
3%
—
Apr
Jun
5%
10
1.10
common——
23%
•
267a
577a
77a
Aug
12
100
3177s
—
Apr
20
30% May
13% Jan
31
77a
——1
32%
Aor
11474
1,569
2,261
20
34
227a
—
37a Jan
23% Jan
,
-
283
25
337a
22%
227a
.
Jun
18% Aug
July
2.10 Jan
5%
10
Oil Corp
-Warrants
7
77a
4% Mar
1674
1,860 2,005.,
26
267a
1197s 1197a
;
1574
,23
pfd_25
3
44% July
57a Aug
5% Aug
10C
187/s
1
50
United Gas Improvement common-—-.*
32% Aug
Jan
29
3472
1.10
1
•
Republic Petroleum Co common—
Richfield
5%
United
July
Mar
188
215
33% Jan
785
„
-10
-
Transit Investment .Corp
Preferred
July
187/s
Pacific Public Service common—'
"1st preferred
217
36
32%
42%
35%
3274
42%
—
478 Jan
200
4074
53
413
51%
417a Aug
"
July
9c
30
29 %
29%
25
common
6%
6V2
—
39%i
1.80 May
35
-
Occidental Petroleum Corp
-
k
————*
—
July
7% May"
Jan
52%'
———50
preferred
Salt Dome Oil Corp—
Aug
Aug
26
200
Reading RR
May
85 Va
•
Jan
2674
Corporation
10
Jan
1%
20
Philadelphia Electric Power 8%
677a
16%
197a
——
27% July
117
19%
I—
19% May
\
Jan
302
i*
preferred
Philco
67s
47a
27V*
com
Jan
Feb
3
41
474
267a
new
117a
12 7a
390
preference common w-i—-_*
$1
4.4%
10
65
.
79%
2674
—
w
New
May
40c
9772C Jan
5,250
—
158% July
Jan
75
7
67a
—
•
-*
„
Phil Electric Co
1072 July
577a Mar
100
1.05
26
1,05
85c
Jan
27c
500
High
157a May
1174 Mar
1277a
40%
!•
& Light
777a
L-
———10
—
41% July
1,700
Power
'
6%
*
Pennsylvania RR—
July
Jan
85c
9%
,65
1
1
Co
Merchants. Petroleum
267a
1,173
36c
—
177a
237a
6%
—
*
i—
common
Pennroad Corp
Mar
41%
9%
Oil .Co——————————1
Mascot
14
Co
Lehigh Coal & Navigation
Aug
34
•
177s
—
-5
-
preferred
National
5572 July
80c
Holly Development Co
—
—1
Motor Car Co——9%
.
—J
—
May
Jan
9
40
—
—10c
14
3974
12
Jan
44%
375
340
*
common—
23%
—
23%
——10
Co
Electric Storage Battery
General Motors
1174 July
,
440
■
Prior
6672 July
57/a Jan
;
Mfg
G)
Curtis Pub
77/a July
Feb
774 Jan
30C
(E
Chrysler Corp
2272
3% Jan
63
980
5278
13%
= 37%
July
10% May
Jan
Jan
197s Aug
440
51%
Hudson
Lincoln Petroleum Co——
67a
77
t c——13
v
Barber Asphalt Corp
10% May
Jan
687a
62
11 Va
11%
440
—
A_-—-——*
common
11
10%
11
Farmers & Merchants Natl Bank—_100
1,700
Jan
8
67C
59 %"
—
,
1,167
7%
7%
58
a59V2
—
4
—5
—
Derrick & Equipment Co
Emsco
—
20%
10C
79%
9%
20%
a78%
9%
2074
—
•
8V2
8V2
—
*
Range Since January 1
160
337
15
154%
7
Lbw
157a
153% 1557a
—
100
>
High
Jun
2.00 Mar
14
Budd
Cessna
Low
_>
-
& Tel—
American Tel
lor Week
■
of Prices /Shares 4 7
Par
474 May
Sales
Range
.
Sale Price
STOCKS—
Range Since January 1
LOW
High
High
13
v ;
—
Week's
<;v;:Last
Shares
372
3Va
47a
4%
10% 10%
1.95
1.95
■
.
Friday
>
Sales
for Week
10
—
—
10
5
45
10
972
297a
9 /2
29%
5
45
Jan
21
195
77a
Jan
125
287a
Jan
8% May
3874 July
67a Mar
July
200
474
Feb
85
157a
Jan
18
Mar
1.5
14%
Jan
20
Mar
50
12%
11
Jan
1672 July
Jan
25
25
14%
Jan
\
167a
Jun
387a Aug
14
117
Mar
123
15
103
Jan
1067a Aug
Aug
14
27a
Feb
6
Jun
2
40%
Jan
45
Aug
122
874
Jan
117a Jun
25
67a
Feb
325
24%
Jan
1074 July
July
32
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
CANADIAN
Montreal Slock
Canadian
MARKETS
LISTED
Montreal Curb Market
Exchange
'
Canadian
Funds
STOCKS—
Week's
Last
Range
Sale Price
V
Sales
Steel
Aluminium
♦
common
Ltd
common—,
Aluminum Co of
Corp—
i
Lll'/a
8%
2i.0
25%
18
Feb
11
-
July
6%
Power
7%
Jan
133
Feb
102%
21%
Jan
25% July
Beauharnois
15
Jan
20
Belding-Corticelli
15
.
Mar
Feb
Apr
13%
"
157
14%
285
156% 157
24%
24%
12% Mar
337
25%
141
808
Feb
British
American
Aug
% Jun
British
Columbia
15%
157
Jan
14%
Jan
28
.
Ltd
Distillers
Canada
&
Oil
Class
B
♦
28%
Bulolo Gold Dredging
3%
16%
16%
17%
? 17%
7%
7%
185
3%
16%
*
•.
i__.
28%
>3%
•
—
Building Products class
28%
245
17%
V
2
13
Mar
315
Canada
;
Cement
5'
—
Canada
Ltd
Preferred
Canada
Northern
Steamship
Power
v.'V."
::_5o
35%
Starch
Co.
Co.
4%
General
8% Jun
Industries Ltd
10
406
4%
Jan
106% Aug
Canadian
12
July
Canadian
Jan
14 % May
Canadian
Jan4;
38
May
Catelli
5
Aug
31%
;
1.45
37
Jan
41'/a Aug
32
Jan
34
Apr
Preferred
Consolidated
industrial Alcohol
B
*
Locomotive
July
27% Aug
27% Jan
30
Aug
Dominion
Oilcloth
37% Aug
Dominion
125
133
Feb
140
July
60
17%
Jan
33
Distillers
5%
300
3%
Jan
5
50
21
11%
3%
210
12
3,593
5%
Jan
5'/a Jun
Jan
7%
Jun
Jun
26
Feb
12% May
--
commoni.i___
Glass
Steel
Dominion
•
Stores
—
—
-
-
of
Bridge
15%
_
Oil
•
Donnacona
Ford
Fraser
Can
Bronze
International
Power
Ltd—
Power
5%
St
128
St.
Mills
Power
7
17% July
-
12%
Jan
Jan
7% May
21
50
13
Jan
21
July
90
25
82
May
90
Jun
205
~
18% May
Jan
1,053
23
2,032
17
10
175
6
107
108
30
98
26
160
128
34
8%
„
19
124
315
27
6%
1,304
Feb
39% Mar
Jan
24
July
Jan
15
Jun
Jan
110
Jan
Jan
26 %
Mar
2G%
129
24%
Aug
7%
10
Jan
Jun
Jan
July
9% July
Jan
27%
Jun
35%
40
58%
60%
18
18
50
15
Feb
18
Jun
50
50
51%
1,633
40
Jan
52
Aug
582
22%
Jan
25% Feb
Can
340
;
26
24
24%
163
163
163
14%
14%
6%
675
6
24
24
9%
40
May
Jan
62
July
160
Jan
165
10
Jan
4
Jan
Feb
6
Jan
17%
•
:-v.
Bouscadillac
Central
J-M
_
Gold
Shore
Lamaque
Mines
Mines
MacLeod
Cockshutt
Malartic
Mining
23%
17%
9%
165
18%
1,870
Jan
62
Jan
83
163
14
Jan
16
Gold
6
Jan
10
July
10% May
25
106
20
Cadallic
Pato
Gold
Cons
11
109
11
preferred
9%
8% Mar
105
Jan
1.75 Jan
16% Mar
114
Feb
~6%
a
100
_
9
May
35
104
May
11
125
67
167
85
153
153
57
_
__
430
110
11
■
a
common
11%
Perron
6%
57
57%
7%
58
•;
Gold
Red
San
Crest
Gold
__
Sigma Mines
Siscoe
Gold
_
22
20
20%
Apr
22
Aug
20%
857
14%
Jan
22
122
98
Jan
103
July
July
July
July
6%
19
1.00
24
50
v
19%
1.00
/
25
24
25
80%
80%
>; 47
96%
96%
■:'r- 15
8
8
120
103 % 104%
21
__*
7%
pfd_100
104
100
4%
4%
25
9
10
54%
54%
21%
21%
10
_
_
of
Canada.
108
Jan
4
July
124
11% Aug
110
Wright
—
footnotes
see
page
763.
24
Aug
84'A Mar
20
Jan
77%
Jur^
87
Jan
5% Mar
102
Jan
97
July
8
Aug
105 % May
5
Aug
Feb
222
2%
Jan
10
140
47%
Jan
730
19%
Jan
56
May
21% Aug
Aug
19c
19c
10c
Jun
21c
2 Vac
2%c
2,000
2c
Aug
41c
2%c Aug
47c
16,600
12c
Jan
62c
4c
4c
Aug
1,400
Feb
4c
3c
3%c
Aug
11,200
2c
1.50
900
80c
Jan
2c
9,500
lc
Mar
2%c
Feb
4.90
Jan
3c
1
1.48
1.00
2c
JLL
_
3c
3c
7.65
7.75
7c
1
7c
7c
7,167
3%c
25
11%
Feb
100
3.95
Jan
4c
4c
1,000
——
2.07
—
2.07
200
2.85
2.85
2.85
100
1.02
1.00
1.09
6,925
1.03
1,400'
4c
14,000
3 VaC
3%c
200
2.75
2.75
2.75
800
1
92c
.
1.00
•
1
Ltd
Ltd
_
63 %c May
3%c Aug
3c
2.07 Aug
2.85 Aug
1.10 July
1.10 July
ll%c
Jan
5c
July
Jan
2.15 Mar
Aug
2.75 Aug
400
82c
July
1.04
Jan
10
1.26
Jan
2.10
Apr
2c
200
l'/ac
3.15
100
3c
3c
1,900
2 %c
300
66 %c
2.00
Feb
Jan
May
92c
94c
8.00
8.00
100
50c
57c
3,900
38c
Jan
68c
Jan
50c
1
82c
1
5.70
•
-
Apr
July
5.85 Aug
3c Aug
92c
V'
*
_
—
Jan
Jan
8c
16
1.75
-l.oo
1.00
1.66
3.15
\Y
-
—_1
Ltd—
1.67
78c
Aug
2c
_1
-
6c
7.75 Aug
92c
_
Ltd
Jan
Jan
1.60 Aug
2%c Aug
1.75
—
>>
Ltd
1.03
3 Vic
3 Vac
—1
Ltd
Mines
1.02
3 Vic
1
%c
Aug
6c
4pr
15
5.85
e
Ltd
Apr
15
'f
—
100
700
1
2c
5.85
15
Ltd—1
5,100
82c
86c
1,400
5.70
5.70
100
3.30
> 3.25
3.30
90tf
3.60
3.60
3.65
1,775
25c
25c
5
,
6.50
3.60
2.60
Jan
Jun
Jan
Jan
4c
Jun
3.15 Aug
4c
Feb
1.04
July
8.00 Aug
60c
87c
July
Aug
5.70 Aug
4.00 Apr
oils—
Home
Oil
Ltd
Co
Royalite Oil Company Limited
*
Toronto Stock
Friday
Last
STOCKS—
May
2% Aug
21
Jan
Power
&
preferred
Aldermac
156
58
Apr
Feb
Jun
8% July
63% July
Arjon
Ltd
Aunor
Gold
Mines
July
425
Bank
of
Nova
24
Jan
26% Aug
Bank
of
Toronto
53
5,050
14,300
111
72c
__
*
45
539
106
Jan
390
100'/a
Jun
70c
72c
3,700
4.95
5.00
730
20c
Feb
68c
July
22c
Jun
33c
July
35c
July
4%c
4%c
500
3c
May
7%c
7%c
7%c
1,000
2%c
Jan
3.00
2.87
3.00
15c
__1
12%c
100
„50
•
14c 15 %c
—
__
14c
—
1.35
Jan
3.00
July
8%c
Jan
19 %c
4c
15c
July
July
150
May
Aug
161
32,833
156
4
254
2
227
Jun
259
Feb
255
26
235
Feb
255
Aug
21
30
30
100
14c
15c
8,000
13 %
14
90
Jan
141
Aug
Bear
35c38%c
17,700
Jan
160
Mar
Beattie Gold Mines Ltd
1
1.35
1.23
1.36
24,700
Jan
254% May
Beattv
*
19%
1°%
l°%
100
Bell
100
156
155
158
1
40c
3vc
4ac.
132
Jan
146
Aug
230
Jan
248
Aug
Radium
Telephone of Canada
Bidgood Kirkland Gold
-
1
37c
Jun
254
247 %
147
A
Apr
5%c July
12 %c Jun
4,500
13c
156
248%
53c
13,696
10c
223
40
Aug
3,000
3
31
Jun
5.00
16,500
12
149%
84'/a c
Jan
30,900
145
248
Feb
Jan
3.00
42c
158
146
102%
47c
25c 29%c
141
243
Aug
133% Mar
40c
254
149%
Aug
1.60 July
21c
60%c 60%c
100
—
&
Jan
28c
class A
class
Jan
102
108 112'A
101%
156
Bros
9c
40c
100
preferred
Exploration
16
13'Ac
—
1
Mines.
Mining
Power
Jan
54
20c
1
Scotia
Bread
29% July
1.47
1
Montreal-
Metals
Bathurst
Jan
53
__1
26%
4% July
5
19c
101%
High
Jan
1,820
1
—
Ltd
Consolidated
26%
of
Low
■:
1.41
pfd._100
Mines
—
Bank
28
70c
54
_——*
Mines
Bankfield
25'A
Range Since January 1
1,370
19c
;
Ashley Gold Mining—
Astoria Quebec Mines
Bagamac
%
3%
1.43
*
5%
Mines—
Gold
Aug
132% Aug
Canada
Porcupine Gold
Gold
25
Shares
High
27/a
3
for Week
*
common
of
18
129
Apr
Sales
,,
100
Copper
Co.
Week's
of Prices
__1
^
Ajax Oil & Gas Co.-
95
Mar
4.00 July
26
Exchange
Low
*
100
common
preferred
7%
Paper
Feb
128
Jan
Funds
Range
Sale Price
Par
Abitibi
Aquarius
Apr
2.66 Jan
21%
Aug. 14 to Aug. 20 both inclusive, compiled from official sales lists
Jan
100
1.00 Aug
41c
1
Ltd.
Hargreaves
Armistice
,
243
__
—_
22
Apr
2%c
*
Ltd
65
153
7
Jan
19c
Ltd
13
100
,
Feb
75c
1
C
Mines
35
„
of)
•••
3%
254
—
'Bank
5%
16%
595
-:
pfd—100
_1
Mines
125
140
19
-
'!
:_—_*
Mines
Cons
Aug
11% Jun
Jan
47
15
6%
com—'*
Ltd
17% •<;
130% 130%
15% Aug
13% July
18% May
22
1
Mines
95
.
:
102 102%
pfd—10
Mines
Amulet
Waite
Barkers
-
Jan
Jan
20%
Ltd
(Quebec)
Mines
17
26%
3%
10
*
__*
Co.
95
_.
Jan
>
July
% July
100
Ltd
Mining
a
_
13%
112
Ltd
Mines
Gold
Gold
100
_
common
15
117
.1.00
Mines
Sherritt-Gordon
72
149
25
20
16
Ltd
Mines
Antonio
Shawkey
10% Mar
152
1,465
Jan
9%
1.00
Pioneer Gold Mines of B
59%
11
;.r
12 %
15%
Ltd
Anglo Canadian Oil
Anglo-Huronian Ltd
13
1,140
16
j
Dredging
Aluminium
1,415
Jun
25
9%
>
Aluminum
17%
123
Jun
6%
Jan
Jan
15%
-1.00
Gold
Jun
17%
123
May
4%
19%
*
Nickel
6%
106
35
Jan
530
t
Jun
July
7% July
7% Aug
Jan
2%
July
2%
3% Mar
■
Apr
May
31
3%
1
Mines
Ontario
Pandora
Jun
100
175
*
Feb
Jan
14
July
1.30
Jan
3
1,860
*
July
10
1.25
24%
1,580 ,i
19%
19% July
45
10
7%
33%;:
17%
Ltd
Gold
Jun
153
18
Ltd
Corp
July
*
25
102
6
23
Goldfields
Normetal
19%
•
2
29%
6
23'/a
Ltd
47
a
2
29%
655
Ltd
Feb
100
200
4%
Gold Mines Ltd
Lebel Oro
32%
_
_
1,695
Mines Ltd.—1.00
Rand
185
a
common
Jan
5%
1.05
4%
Ltd-
Mines
45
—
Jan
65c
5%
4%
Ltd
Gold
45
.a
3
10% Aug
6% July
1.05
*
Ltd
Mines
Addison
18% July
_
45c
Feb
3%
cum
Mines
Feb
Nova Scotia
For
Gold
Joliet-Quebec
Kirkland
Gold
Mines
11%
■
Bank
Gold
Consol
Kerr
Base
Roval
Cadillac
Mines
810
.'
Feb
8
5 %
Canadian
Banks—
Toronto
Gold
1,360
17%
15c
122
Feb
*
3%
—
162.
10%
3%
—.
Mines
18%
a
20c
20c
10%
1.05
Ltd.
Corp
Gold
3%
-
6%
31
Ltd
Kirk
17%
"ioo
pfd
Power
Preferred
Montreal
Copper
Mines
Bidgood
3%
—
3% Aug
6
Mines—
Arno
17%
100
2% May
5
20c
Walker-Gooderham & Worts Ltd com_*
$1
preferred
*
Aug
10% July
82%
10
^
8%
75
103
18
10
■
30
6%
Jun
82%
;
11
2%
6%
Ltd
24% Jan
93
15%
May
11
10J/2
•
6'/a July
Feb
25
15%
3 Vb
6%
*
"A"
Jan
2%
:
__
6%
*
"A"
85c
Aug
24
''V
43
102% 102%
•y 15%
12
v
'
55
5
35% Aug
Jan
38
390
Jan
36%
40
24%
18
Jan
Ltd
Standard Clay Products Ltd
Stores Ltd common
Sullivan
34%
"9%
77
Apr
45% Aug
*
pfd
Transport Co
Southern Canada Pow 6%
O'Brien
23
33
Jan
6
Jan
Jan
•
1st
Mar
25%
preferred-100
6%
Jun
169
39%
•
Trust
Co
Can
Jan
60
*
Provincial
Lake
Jan
■
Electric
Canadianne
Pr
of
148
10% Aug
85
*
a
Cotton
Commerce
Corp
July
19
475
.—10
Vot
110
Aur
53
Co Ltd
Stor
8%
2%
pfd—100
Limited
July
45%
A
Ltd
10
2%
:
5%
Aug
100% July
9;' Jun
107:,, Jun
15% Mar
45%
——
50
__
common
Canada
Ltd
Jun
32% Aug
40
100
—
Mfg preferred
Zellers
16% July
105
Jan
a
Preferred
Woods
Jan
7
35
a
Paper preferred
Canada
Winnipeg
v
90
8%
.
common
preferred
of
11% Aug
Feb
515
Jun
8
Jan
27
26%
a
Tobacco
Wabasso
12
98%
5%
a
common
_
of
Co
430
205
491
100
100
H & Sons
Southern
Steel
&
Nova Scotia LI
Eldorado
Jan
940
a
Preferred
Tuckett
15%
8.90
7%'
—
Shawinigan Water & Power
Simon
160
7% Jun
Jan
9%
a
Ltd
Sherwin-Williams
11%
4%
8%
a
Corp common
preferred
Lawrence
Robert
Refrig
Preferred
Aldermac
Jan
7%
a
of Canada—
Power
5
230
8%
a
common._
Lawrence
A
70
■
7
128
f.-iV/
;'-V
•
"loo
___
Paper common
Class
109% Aug
31%
25%
•
common
Tubes
Knitting
Saguenay
/VI,;
.--
•
Quebec Power
Rolland
Jan
10
«
preferred
Regent
Jan
94
22
...
•
Rwys
Co
8
60
23
25
——
Products
&
802
25% Aug
16% July
60
_
Aircraft
Corp
12%
11% July
13'/a Jun
36
*
_______
Price Bros
Jan
23
22
•
Noranda Mines Ltd
Page-Hersey
Feb
7%
35%
-
Corp
Weaving-
Electric
14%
23
; :
Jun
25
35%
National Steel Car
Ogilvie Flour Mills
21
•
July
7
180
105
7
;
»
Cons-
10
10% Mar
100
common
_
Car
8% July
9%
12
—
Oil
& Power
Breweries
Ottawa
July
,
Jan
1,860
.•y
.
_
Jan
5,375
•
common
•_
Ottawa
Mar
155
■
Mar
12%
.
W.),common-
Mont Light Heat
5%
17%
*
__
Steel
81
Feb
11%
•
Massey-Harris
Ontario
July
16%
..ii.,—_
Preferred
Jun
9% July
Aug
151
5%
Distilleries
10'/a
12
•
com
common
Preferred
Lake of the Woods
McColl-Frontenac
15%
31
21
55
Jun
July
*
5.00
Ltd
Co.
Ltd
Melcners
Jan
Mar
109 %
105
preferred- —25
Petroleum Co
,
5%
6
15%
ll'/4
31
♦
165
'
"91
80
35
41
Jan
477/a
*
cum.
Corp
Paper
&
Groceterias
Mitchell,
76
300
7%
7
18
10%
165
.2,50
Co—:
Pr
■:-;S io.;,
18
•
1%
Utilities
John
lio
;
:
i
26
22% Aug
36%
45 V:
10%
*
McColl-Frontenac Oil 6%
Mtl
3
7%
—100
—,
Wire
St.
Jun
21
7
£1
-
International Nickel of Canada
Niagara
Lake
70
22% July
17% Mar
1,150
is:
■:
Feb
Jan
July
17% Mar
8
18
__
Co
110
5%
17%
100
io y4
common—*
Linol
Canada
Ins
International
Loblaw
Aug
16%
Acceptance Corp
Preferred
of
Fire
July
5
common
10
■'<
July
July
*
Companies, Ltd
11
•
of
International
National
16 Va
75
7%
105
»
99%
10
V
80
4% July
1
Paper Co Ltd
Motor
126
150
=
12%
15%
100
—
(C.
Ltd
Fairchtld Aircraft Limited
Fleet Aircraft Ltd
1
Jan
15
6
109
11%
•
common
Ltd—
Preferred
35
630
9%
7
5
Preferred
Lindsay
.
Jan
Jan'.:
8%
25%
7%
—_
—
Tobacco
'•
"l2%
•
Paper
_
International
July
July
July
31% July
Jan
452
8%
15 %
109
•
Smith
Preferred
11%
120
1,455'
-
155
9%
•
common
_
Imperial
-
87/e
25%
.
*
Bay Mining
Industrial
10
5
-
,;V.
Canada
Wares
Imperial
v
80
50
Jan
24%
1,010
78
9%
•
__
—
Preferred
325
9%
7%
1
____
Hollinger Gold Mines
*
29%
155
7%
41
99%
97%
-
Jan
100
__
Thrift
Gypsum, Lime & Alabastine_
Howard
36
77%
155
Preferred
Hudson
26
8%
8%
78
_
common
Hamilton
410
10
—
•
_
_
Steel
35%
14
Heating Products
Players Canadian Corp„
General
29
126
_i«_*
Co
46
14
-
_
&
Foundation
13% July
Jan
125
common—.*
common—
Electrolux; Corp
Gatineau
Jan
27% Mar
100
♦
Ltd
Preferred
Enamel
9%
37%
155
9
Dryden Paper
Famous
105
449
28%
29%
Coal B
Textile
12%
45
25
—i
common—
&
Dominion Tar & Chemical
Dominion
29%
22%
41
65c
50
21%
23%
21%
22%
*
"A"—.
&
Massey-Harris Co
Seagrams
Dominion
44% y
——5
•
Dominion Bridge
Dominion Coal preferred
Dominion
12%
44%
28%
35
Mining & Smelting
B
Aircraft
&
21%
23%
May
11
•
Plow
21%
*
Woollens—:
28%
20
Glass
X- 7
87 % Aug
7% Apr
Corp Ltd
Corp Ltd
Frere, Limitee "B"—.
Cub
David
5
11%
11% July
Jan
Paper
July
5%
—
Jan
100
„.
12
105
•v-5
Railway
9%
2
7
„5
Sec
31
Halifax
Cockshutt
Div
Jan
485
"5%
class A„*
93
87
Ltd
Preferred
Jan
37%
140
11%
87
,
7'/a
27%
-100
——_
Co.,
Co.
Products
Eastern Dairies Ltd.
Canadian Converters
4
pfd 100
Ltd—"1
preferred
27%
27%
140
54
Feb
pfd—100
Co
7%
500
37
37%
140
Feb
2%
—_*
class
Westinghouse
955
27%
•
-100
Canadian Pacific
10%
12%
.
Jan
27%
430
29% 30
—
common
7%
Consolidated
Vickers
Pood
60
V 80
Investments
Marconi
Apr
9
2,100
32%
10
"
Consumers
Dredge & Dock
5%
657
'
41
32%
D
preferred-
Canadian
Canadian
rift
54
3%
11V*
•
common
Canadian
Consolidated
Canadian Ceianese
Class
92
125
."vv
36
4%
32%
•
Foundry common
1—25
participating preferred
Preferred
26
10%
13
41
•
common
10%
35%
■
Canadian Car &
Canadian
Jan
54
3%
11
*
7%
Ltd
17% July
Feb
4%
29
Ltd—*
Power
Commercial Alcohols Ltd
•
common
105% 105%
12%
■
*
Canadian Bronze
New
—
'
Preferred
7%
rV
-
»
——
Breweries
-V.-;
Corp___i.
common
preferred
Canadian
11%
f
875
'
-100
Canada
& %
8
Jan
.
Canada Wire & Cable 6Ya % cum
'
•
common—.
5%
Ltd
Sugar Co
Canadian
Canada
288
Ltd
Northern
29
Jan
865
r
Malting
July
5% May
16% July
23% Jan
Co
Packers
Dominion
Canada
:'-'v
British Columbia Power Class A
2,200
,—.*
Vane
High
*3%
27%
'•B"*
Ltd
common
of
Low
2%
25%
5
Co. Ltd
Corp
Range Since January 1
High
2%
Va
25
100
Paper
Power
Shares
100
preferred
Bathurst Power &
&
,Low
•
100
105 Va
'
899
common
preferred
Brewers
Bathurst Power & Paper class A—
Bell Telephone Co of Canada
.IlOO
•
Brazilian T L & P
& Paper
for Week
of Prices
Par
Abltibl
100%
135
24%
18
:
.___*
common—
350
101% 102
24%
High
Sales
Range
Sale Price
Range Since January 1
rVf
10%
108
f
»
_.
._
Associated Breweries
111
.1150
'Canada pfd—
•
Asbestos
''
High
10%
'
—.
•
STOCKS-
Shares
'
Low
Week's
Last
for Week
of Prices
Par
Algoma
Friday
.
Friday
■
w"'.'"'.:
\
Funds
Aug. 14 to Aug. 20 both inclusive, compiled from official sales
lists
Aug. 14 to Aug. 20 both inclusive, compiled from official sales lists
id:-. V
761
8 %c
12
10c
70c
15
Feb
Apr
33
Aug
17 %c July
Mar
15
July
Jan
49 %c
Jun
Apr
Feb
159
140%
Jan
149,221
9%c
Jan
1.36 Aug
19% July
158
63c
Aug
Aug
It
762
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
Friday
8TOCKS-
Week's
Last
Friday
for Week
of Prices
STOCKS—
Shares
Blue
Ribbon
Bobjo
Low
*
8'/2
8%
20
6%
Jan
40%
40%
30
29%
Jan
Hats
pfd
Mines
Bonetal
Ltd
Gold
Bralorne
50
40 'A
1
Mines
Mines,
10c
21c
•
Brantford Cordage pfd—
25
Brazilian Traction night & Pwr com—*
Brewers & Distillers
—
5
26
_
British
American
British
Columbia
Oil
&
Dauch
Paper
Hollinger Consolidated Gold Mines
40% Aug
8c
Jan
12c
Jan
24c
Jan
Aug
11% July
Homestead
7.40
23%
Jan
26
Hudson
26
5
Mar
Home
Aug
•
2,152
14%
Jan
28'A
Jun
Hunts
Limited
110
5%
Feb
7%
Apr
Huron
&
22
870
17%
Jan
22%
23
24
350
17%
Apr
26
...
Gas
20%
Columbia
Dominion
Broulan
class
Power
:*
A
Oil
28%
•
1
Porcupine Mines, Ltd
Corp
50
65c
Buffalo
Ankerite
Gold
Mines
Buffalo
Canadian
Gold
65c
Building
3.30
pid—_—_,
July
July
Mines——
Calmont Oils Ltd—li
Bread
Class
Class
Imperial Oil
Imperial Tobacco ordinary
Inspiration Mining & Develop
International Metal common
Bank
;
Canada
-100
Class
Canadian
Ltd
4.00 July
13
Jun
9c
Mar
1
43c
21c
Jan
35c
Jun
Jacola
Feb
7
Aug
Jason
Mines
Jun
Aug
Jellico Mines
12
40
May
r
8
325
4%
106%
55
Aug
8% July
Jan
July
Kerr-Addison
27
July
Kirkland
42
12
July
Jan
150
Jun
of
Commerce
__
100
8%
Jan
14%
Jan
38
May
Laura Secord
59
Jan
65
July
Lebel
19
80
17% Aug
162
166
Jun
common.I-
_
•
4%
59
pfd.
pfd
Jan
Leitch
Jun
129
142
Aug
Jan
5
1,155
Jan
5
20
28
Jan
42
July
22
23
995
19
Jan
23
Aug
Loblaw
Groceterias
Class B
Preferred
New
F'dry Co Ltd
,
13'A
13'A
13%
1.35
>560
10
10
10%
450
25
—
preferred
Canadian
pfd—
10%
14
Jan
Food
July
Locomotive
Canadian
Pacific
Gold
Cariboo
27%
150
27%
11% July
27% Mar
115
31
27% Aug
140
140
50
133
Feb
140
18%
18%
18%
135
15
Jan
19
!
33
33
180
22
Jan
21
20%
21
95
10
Jan
11
11
11%
3,774
1.19
Co_
Ry
1.20
200
25.
Quartz Mng.
1
Castle-Trethewey Mines
1
Red
Malartic
1.20
1.15
1.20
1
1.60
1.55
1.65
9%c
9%C
11c
14,000
27c
27c
27c
Feb
95c
3,400
1
1
7%
1,200
Aug
Pat
Central
Porcupine Mines—'—.
Mines
Research
Chemical
—
Chesterville Larder Lake Gold Mines—1
Chromium
M
& S Corp
Ltd—*
1.62
1.55
1.85
33
Gold
Willans
Plow
Collingswood
Gold
Jun
12% July
1.35
Feb
1.35
July
2.68
1.00 Jan
1.74 Aug
6%c July
405
—
Commonwealth
McKenzie
McVittie
July
Mining Corp
2.68 Aug
Moneta
National
1.43
26,808
12%
195
9%
Jan
5%
5%
5%
Y. 100
5%
Feb
20c
20c
23c
23c
75c
Jan
1.43 Aug
13%
....uL,
Co.'l-
■*•
6%
Feb
:!
500
16c
Mar
20c
Moore
Jan
27c
Feb
3
Jan
4
Bakeries
Consolidated
of
Canada-
Consolidated
Smelting—
Gas (Toronto)
4
■YJif- 25
1.23
1,800
14%
Consumers
Cosmos
Cub
-
14%
5
44%
.100
•'•'•
14%
25
44%
130%
44%
■r
85c ;; Jan
9% Jan
385
131
37%
37
123
25
25
60
21
1.00
—-
1.00
100
Jan
'•
.4% July
1.30 July
f
15
*
46% July
Jan
131.
Feb
:
Aug
25
July
a
Imperial Mills
Aircraft
1.15
a
a
Corp...
1.00
Dairy
Corp
common—
Davies
Mines
Denison
1
______
Mines
Ltd
_
50c
A.
*
.''!
193
1.50
Mar
5
Aug
10c
Jan
24c
July
73 c
1,000
4%c
4,000
35
23
25%
Jan
36
24'A
25'A
1,069
18%
Jan
25%
160 163%
160
Foundries & Steel com
9
142%
Jun
50c
Feb
3c
July
25%
25%
26%
930
20%
Jan
2a
9%
9%
9%
510
8%
Mar
*
10
10
10%
70
5%
*
8%
8
9
245
6%
100
Dominion Steel class B
Dominion
102
Stores
Dominion Tar & Chemical
common
Preferred
Dominion
;
73c Aug
4%c
Apr
167
Apr
July
Duquesne
Mining
102
30
July
Eastern
Malartic Mines
10
90%
Jan
102
200
2%
Jan
8
160
8%
Jan
14% July
7c
2,500
4c
Jan
10c
Eastern
Steel
'.
7c
Products
1
—*
Investment
Eldorado
Gold
Trust
1.45
14%
*
Easy Washing Machine Co—_—•„
Economic
15c 16 %c
1.52
30
Jan
1.09
Feb
25
5%
12
Mar
Nipissing
1
1.44
1.44
1.52
16
May
7
July
Jan
31
Aug
80c
21,325
*
23
23
23%
30
Falconbridge Nickel Mines
•
4.30
4.50
Famous
2,265
*
July
Jan
Apr
3%
20
July
Fanny
Farmer Candy
Federal
Fleet
ShopsMining
Ltd
!_>
Aircraft
Ford
Co
of
Francoeur
Canada
Gold
Foundation
—*
:
class A
«-'-r. '
875
6%c
13,100
25
22%
21
4%
4%
125
3%
23%
23%
1,C36
19%
32c
1,400
18c
15%
•V'
15%
95
15%
>"•
<
30
Jan
May
Mar
2%c
31%c
23'A
.___*
—
28%
94
*.
•
*
•
26
28
28
1
Mines
Co—
26
5'Ac
1
Kirkland
3.10
Jan
Jan
Jan
May
14%
Jan
North
5%%
preferred
General
Gillies
God's
Steel
preferred—_100
Wares
'
Lake-Porcupine
Lake
Mines
100
/.
•.
Ltd
Eagle
Golden
•
Mines—,
Gate
.
1
Mining Co
:
I
Goodyear Tire & Rubber of Can corn—*
Preferred
,_L
50
Paper com
Preferred
Common
v
t
v
t
6,100
4,100
!2%c
2,100
165
.
&
5%
Mining
Gold
class
32% Mar
4.80
26
Jun
Jun
28% Aug
7%c Aug
6%
24
Jun
July
35c
July
Okalta
20
21
180
6
1,150
21
200
common
5%
5%
150
5%
•
50
32
32
32
-
„
Gold
Lime
Gypsum
Mines
&
*
___
Ltd-.
Alabastine
Oils
Ontario
1
Hard
Rock
Barker
Hasaga
Cotton
Gold
13%
Jun
9c
July
Jan
29 %c Mar
157/ac Aug
Feb
Jan
95
Jan
58
5
14%
3
Feb
July
16% May.
3'A Jan
26%
Jan
July
July
6% July
23
July
67/a July
23
57/a
35
Jun
May
10%
Feb
12% Mar
ll%c
Jan
24c
6%
7%
182
5
Jan
5,000
5c
161,300
3.25
100
6%
6%
7%
1,330
35
35
35
3,495
___i
page
5c
4c
l
763.
55c
-
—
32c
53c
59c
4%c
4%C
32c
32c
13,000
7%
Aug
Jun
3c
Apr
7c
Jun
4c
Feb
7%c
35c
6'/2C
6V2C
13,500
Jan
900
20c 22%c
5c
i'!
26%
27
48
1.22
320
«v
9
9
40c
Jan
R
Aug
2.17
'
Jan
678
24c
Jan
24%
July
7%c Aug
1
Jan
44%
~
5c
Jan
28c
185
47%
'
Apr
1.25 Aug
Apr
11c
8,095
.
56
l%cMay
11,000
36c
July
May
Jun
•27
48 %
July
25
23%
Jan
-.'27% Aug
2OV4
20
12
Jan
20% Aug
58%
60 >4
9% July
27%
203/4
•
Jon
27%
0
60'A
38
Jun
61% July
:: : :
265
50c
45c
52c
1.55
1.58
2,075
50
5IV2
2,445
1.01
1.10
40,604
'1.55
1.55
.
50
-•
!
1.02
'! '•
<18,700
..:
,'*•!
'!"' 4%
97c
1.04
64c
64c
Feb
52c Aug
1.70
Apr
40
52% Aug
May
1.10 July
1.75 Aug
1.00
Apr
3% May
80,650
125
Jun
Jan
74c
900
44%c54%c
4% :' ;
35c
1.05
90
—
1.00
1 »/
Ltd.—
Nickel
!
•
—
.1
52c
__1
...
3%c
i
3%c
'
4%
__
Pacalta
Oils
Ltd
:
•
Page-Hersey Tubes
Pandora
Cadillac
Mines
4c
Mar
4% Aug
y
:
1.10
38c
72c
Jan
July
60c
50
13,900
Jan
8%c
138,000
4%
5c
.-
61c
15,875
"
Perron
Gold
Photo
Securities..„
^ 1.10
Mines—
Pickle-Crow
Gold
2V2
May
July
11% Aug
3'Ac Aug
4% Aug
Apr
Gold
Mining Co.
East
Dome
74c
Long Lac Gold
1.05
Jan
13%
Jun
1.28 May
1.25 Jan
2.15
Jun
1.06
Aug
3,060
90c
90c
90c
700
52c
Apr
60c
70c
1,000
50c
Jan
58c
Jan
1.05
1.00
1.07
3,600
2.20
2.18
2.23
14,435
23
23
1,300
*
*V'V.
51c
51c
53c
5c
Mines
25
6c
6c
2,500
145
145
1
24% '24%
192
1
—
.100
___*
24%
•;•'
20
—
Jun
3%c Apr
132% May
21V2 Jan
21
75
15
190
—
100
;
May
22
190
5
152
4%c
10
com..
Preferred
...
Jan
2c
8,000
23%
5c
7,000
90c Aug
1.08 Aug
2.35
Feb
31c
4,050
43Ac
23 %
'
1.95 July
Jan
20
_
4'Ac
l
Canada
1.72
•:
\
1
Oil
Feb
Aug
5% Aug
Jun
3,270
1
•'/.
4%c
39c
12 V Mar
:
1.95
23%
Bank
Industries
25
2.08
1.
Roche
Russell
2,100
i.85
Mills
of
90c
—.1_—1
Mines
Royal
Royalite
1,500
90c
Jun
May
2.02
Co.—
..
Silk
3c,
2c
2.08
Mines
.
Aug
Aug
5%c July
1.24
4'A Aug
57/s
12%' l'2%
„
103
17 %c May
2,500
.1.88
Queenston Gold Mines.—
Gold
2,000
45,400
5%
__
Preston
Riverside
5c
3%c
1
Premier
*
5%
5c
Feb
9c
Jan
1
Rouyn Gold
Voting trust, ctfs__
r-\.
57c
.1
of B C
Airways
100
2,600
1.16
27c32%c
1
Powell
Prospectors
4%c May
88% Jan
3%c
/
..
29c
*
—
Mines
Mines
1.08
3%c
*
Engravers & Electrotypers
4%c
102%103
•
Mines
Gold
Ltd
Malartic Gold Mines..——1
Paymaster Cons Mines Ltd.—
—1
Credit
!
4%c
•
——J.....*
Porcupine
St Anthony Gold Mines
Lawrence
Class
San
3%
3%
3%
17%
17%
18%
Gold
River Gold
1,079
.1
3.15
Shawinigan
Mines Ltd
3.15
3.25
10,595
1.86
6c
5%c
6%c
25,500
2%c
1
42c
40 %c
45c
32,400
18c
17%. 17%
105
:
&
...
Power
Mining
Gold
Gold
1%
12
——__1
Mining
Water
2c
150
50
Senator Rouyn, Ltd
Shawkey
,
....—*
Corp common
A
Antonio
Sand
1
•
*
%17Vz
4——1
<
23
July
Aug
•
58c
Jun
9'Ac
25
Apr
July
Jan
9c
July
145
Aug
,>26% July
22
Aug
Jan
205
Jan
6c
Aug
Feb
Jan
3% July
Mar
18% July
Jan
Jan
Mar
16% Mar
3.60 July
9%c
Jun
49'/a c July
19% Jun
85c
1
89c
3c
3c
2,000
2c
May
' 85c
90c
1,100
85c
Jan
1.05 Mar
87c ,! 93c
—
—50c
Mines
10,804
67c
Jan
1.04
July
8.00
Aug
4c
Feb
■
!
Sigma
,.'v 7.75./.., 7.75.
7.75
82
5.75
Jan
pfd.—-—-—8%,
83A
11%
10
8
Mar
20
3%
Jan
12% July
20
86%
Jan
102% Jan
4l
Mines
Silverwoods
Dairies
__.—w
—
Preferred
Siscoe
Gold
Sladen
11%
lOl'/a 101%
11%
.100
5,620
u
9
Jun
39c
Mar
60c
July
29c
Jan
48c
July
—i
50c
50c 52 %c
Mines—.—;
1
47c
43c
47c
I 29,350
Mines
1
3c
3c
3%c
16,250
57/bc
2%
57/8C
2%
1,000
3'Ac
50
1.10
9%
9 %
100
5
5
5
40
•
68%
67%
68 %
*
2.20
2.18
—100
—
Mines
Malartic
Slave
Lake
South
End
Standard
Jan
3.75
July
Gold
Petroleum
—
Co
4
Paving & Materials
T*
Standard
Co
—
"
Radio
of
—
*
com
Preferred
...
Canada
—
—.
common
4%
33
40c
Jan
Jun
Mar
8
35 %
69c
Jun
Aug
July
•Steep Rock Iron Mines
Sterling Coal Co
Sturgeon-River Gold——
—
Sudbury Basin
Sud
Contact
Mines
Mines
—
7,200
2c
Apr
6c
Aug
Sullivan
1,000
17c,
Jun
32c
Aug
35c
Aug
Supersilk Hosiery Mills A
Sylvanite Gold Mines. Ltd
500
i. 83c
-
103'/a Aug
l%c Mar
Jan
8c
Jun
Jan
3
Jan
10
Jun
4'A Mar
5
Aug
Apr
7
320
59%
Jan
2.28
31,575
1.51
Jan
3
3
17%cl7/2C
2.20
2.20
5
••
3%c Aug
73
Jun
2.57 July
Jun
2.50
'
35c
8,280
9% July
-
Jan
Feb
July
25
5c
Jan
92%
47
15,500
3%c Aug
62
51 %
1,500
v
*
1
Mines
see
100% July
Feb
21c
3.25
1
Gold
footnotes
12%
30
___
preferred
Mines
Hedley Mascot Gold Mines
For
5c
4'Ac
1
—
Bridge Co Ltd
Hamilton
7%
1
.
Aug
18c
.
1.25
4'Ac
2.05
Orange" Crush pfd
Steel
Halcrow Swayze Mines.
Hamilton
'
•
Halliwell Gold Mines
Hallnor Mines
12%
1
1.10
35c
*
Omega Gold Mines.—
Sherritt-Gordon
5%
6
90
830
1.91
-
Sheep Creek Gold Mines
21
Preferred
Gunnar
100
Jan
May
525 •!
.
53
Aug
22
July
July
July
16 %
8
3
Jan
36c
;
Aug
20
8% *
Jun
6c
14%
1.95
A
Mines
Aug
138
52.,
;
...5
5c
5%
17
1,775
!l
Ltd
15c
5%
Greening Wire Co—
Corp
Jan
5%
Jan
2%c Mar
,10
102 103%
Star Oil common..
1.62 Aug
3c
lc
10 lA
July
3'Ac Aug
9% Jun
i-
Jan
20c
••
Apr
95
c
Jan
5%
3%c
-
July
471
8%
.
_.
1
2c
2,500
.
2.70
Apr
%c Jan
4%
July
July
1.45 July
629
;
.
____5 •1.58
3c
86
—
v; 1.15
Power:..
Co
10c
56
.
.20
Pipe
1,500
2%c
20% >
.
4.00
Jan
1.65
x
Jan
Jun
21% July
-
,
2.22
•/"-!
2,500
.
•
—
119,500
86
.,20
720%
1
!___
14c
56
91/®
1.13 Aug
1.00
22
Jan
350
!*
..
Simpsons Ltd class B
c
c
Saddlery
May
5c
8%
4%c Aug
t
1.51 Mar
93
4%c
1
Mines
3%c
2%c
86
—
1
West
Jan
:
15
5c
;r g
_l
9c
Preferred
Great
85
12%
6'Ac
14%
"
2.30
2,500
;
Feb
13% July
Jan
Apr
70c
■
43,200
2c
9','ac
Feb
18
2,570
7%
7/
,
52%
Mines
3%c
--
14c
Goodfish
Great Lakes
*
12'A
14c 15 'Ac
1
Mining
25
77
18c 18%c
6c
-1
;
98
-
6c
T.
Mines—1
Goldale Mines Ltd—
Gold
98
•
r
Gold
75
.2.50
July
Jun
.19%
•
Aug
5.90
••
.
Preferred
St.
Gatineau Power Co 5%
60 %c
.,67c
440
1,180
3.90
'
Yl%c
!5
Noranda Mines
Reno
Players
3.75
•
7%
100
Mines
Normetal
1.65 July
20
30
English Electric class A
21 %c
Jan
5
31
30
Mines
4%c
1
14%
5% "
25
32,000
49,350
1.57
14%
—
21
2.75
* j
common
Negus Mines
Peoples
July
Aug
July
102
15c
-
9,250
v
2.85
Canada
Sewer
10
6%
•
'
9
Preferred
National
Jan
12%
Oil
20>/4
13,500
22
i%c
•
Pioneer Gold
East* Crest
22,300
76c
1
Natl Grocers common
Jan
12
1
1.09
75c
21%
'
*
Partanen
6%
Co
Y 1.02
•-•
47%
11% July
10% Jun
com—"'
!
;
Jan
10,000
1.40
16% July
1
July
—20
Woollens & Worsteds
Preferred
Jan
lc
365
4'Ac
21,350
Mines—
Light Heat
Corp
Pamour
Dominion
Jun
9%
' 13%
Aug
8.15 July
89c Aug
July
4,000
4c
:
25'A
160
Bank
—
3%c
7c
13
3%c
24,350
•
Apr
1.25
May
35
4c
•
Mines
Dome
Dominion
5
70c
i
_
Distillers Corp—Seagrams common-
4'A
18c:18 %c
--
—
Nickel
Y!
5
•
Petroleum
Delnite
Jan
7,600
1.35
■'
•
Jan
3.65
•
Porcupine
O'Brien
a
10%
875
.
Aug
May
'2,995
21
common
July
20c
1.15
•
•
Mines
40c
'!"
1.30
2.12
•
9c
14
Jun
1,100
.
'
Coniaurum
*
July
2%c Aug
Jan
5.75
•
Mines
of
,
Feb
3c. Aug
Jan
1.98
J1
Lake
Gold
4.75
.
55c
1.25
National Steel Car
Conduits
6,370
11,000 !;-
80c
Apr
24c
Jan
10
Jun
July
10c
Y
l%c May
%c
Jan
165
1.34
__
Mines
Graham
McWatters
!
7,550
9,500
153%
<
22
20
Red
Jan
2.05
common
Gold
July
3.75
common
Porcupine
Mar
lc
1
Mines.........
McColl Frontenac Oil
Preferred
Mclntyre
24
6c
i
Preferred
Jan
13c
_1
Mines
.
Massey-narris
39%
1.10
•'!'
75c
;M
Jan
17
6%c
1.05
—•
July
:
33
5.75
7c
1
;
A™
July
100
116
Y 14%
5.75
Aug
2.14
1.30
Ltd—
I
1.25
j
100
Jan
•
7.80
'
July
Jan
90
5,500
5c!
*
Jan
Feb
Aug
17
112%
2,000
:>
12%
48c
Jan
3,500
3c
22c
-;-' !4c
4c
Maralgo Mines—
May
Jun
2.00
12%
—
Petroleum
7%c
21c,
74%c
"• 14%.
♦
...
14c
July
65c
1.39
com—'—
6%c
-
Aug
17% July
Mar
90
July
180
Jan
10%
4,284;
j
12
Apr
Mar
26c
5
200
,.14
13%
Fields.
Milling
47c
Jan
12%
u
Terminal
Commoil Ltd
Mines.
Co—
!
Mines Ltd
Gold
Eastern
Leaf
Montreal
Coc'nenour
Cockshutt
'
11%
2,725
23%
4.10 July
Jan
>10
360 ;
'■
36"-:
22%
,
8%
157
35
96
115
35%
Aug
26
V
Jan
10 %c
5,107
2.45
*
y-.'Y;
99
94 •'
7
4,000
16-
Jan
3c
670
2%c
1
■
Lake
Preferred
July
Jan
E4c
4,284
Maple
McLellan
Gold
Central
16
2c
l
Macassa Mines, Ltd
MacLeod-Cocxshutt Gold Mines.
Madsen
July
27% Aug
140
♦
Products
Canadian
27%
30
7% Mar
'-in-
Dredge & Dock
Canadian
29%
!"
—-—
Celanese
Canadian
*
com
8,597
98%' "•'•
^
80c
;*
_
class
—
Manitoba
Canadian Car &
83
Aug
41
22%
———
200
180
'—- ,<1378
7.75' \!; 7.65
—3
Little Long Lac Gold
July
41
——-—20
Candy.
6
Canners—
1st
10%
2%c ":<'Y
1
Mines 'Ltd...
Gold Mines. Ltd
87
24
4%
*
__
142
13% July
,
4%'c;-
.
!1
Oro
Jan
66
!
Ltd-
Jan
2%
40
Jan
2%c"-'. l%c-r-
Mines..*.
1
Gold Mining Co.—1"
Mines,
31%
4%
139
Shore
••.110
18
142
Lake
V'"354
4%
1
Lake Dufault Mines Ltd
36
84%
-
25
.••'VY—./v!
1
; Lamaque Gold Mines
Lapa Cadillac Gold Mines..
13%
62
12
Aug
Feb
124
780
35
4%
Feb
6%
32 % Mar
.
.!V—
,*
1
Gold
Lake
64
12%
18%
*
36%
Jan
16% "17%
,!!;!
22%
1
•_
106
52
Co
J M Cons Gold Mines:_L_—
;
Kelvinator of Canada——
Apr
100
26%
.11%
12%k
38c:.'. 43c
-
1
Jan
22%
2,854
.
! 35%
—'
20
410
100
Mining
92
42
•
Waite
30
146
62
Jack
30
10%
35%
Jun
Aug
32
115114% "
*
Mines
3
1.75
July
29c
95% 7
common
Petroleum.
102
140
*
_
Nickel
10
10
—
International
1,000
Jan
6c
Jan
180 '
100
_
International
1,310
41
12%
—
preferred—100
7
20
A..*
.
——
preferred—100
27c
1.15
Apr
17 %c
:
Aug
4c
2.65
2,265
10,350
J0%
16%"
'v__;
Aug
17
l%c Jury
"A"
3,155
29c
'
—
•
International Milling
•'
Preferred
Cony
cl
common..
__
Breweries
Canadian
Jan
Jan
1,825
104% 105%
100
Ltd
...
_
Bank
Canadian
1.60
3.70
5%c
12
5
Co
Jan
5c
12
100
____
High
16% July
11'/a July
Mar
8.50
31
1—100
__
14
28c
A———16
Preferred
1.65
—
:
Bakeries
Preferred
5%
Co
B
Canadian
Feb
3,500
7%
104%
50
Cable
Aug
13c
3%c
125
3%c
*
_
Power—_
Mortgage—!
&
16%
72c
Jan
•'
Preferred
Wire
1,000
*
Steamship Lines common—_*
Canada
4,913
5c
Mar
6%
7%
Co
Northern
Permanent
3.35
5c
46c
4%c
106% 106%
55 ''
55
55
*
Foundry class A
Canada
Can
500
1.55
.."7
_—_50
—.
.
Canada Malting
26,300
27c
'V
Cement common
—
•
69c
1
;—.a
common—_
B
Canada
1.65
—-100
Preferred
14,974
54
3%C
3%c
•
A
Canada
29
Jan
16%
Extension
Calgary & Edmonfon Corp Ltd
Canada
Feb
19%
8%c
.
Products Ltd
Hill
23%
3.05
Mines
Bunker
195
8%c
Oil
Brown
29
51%
"
48
3.60
Yv'
5c
28c
•
—
British
British
50
1,755
Jun
Imperial
Low
16
11%
3.60
*
July
Range Since January 1
High
16
1
"B"___
Erie
Shares
'-10%
—
11%
1
Bay Mining & Smelting—"
7
21%
21%
23 %
&
Mines
25%
..
*
♦
Oil
Gold
24%
;
Low
5
Oil
Howey
6%
24%
*
—
Packers Ltd-*.'—
Hinde
9%c
25 '
of Prices
Par
Mar
6,000
11%
•
High
9
Sales
for Week
Range
Sale Price
3,733
23c
11%
'
Low
9 % c 10 %c
1
Ltd—.
High
Week's
Last
Range Since January 1
Par
Blltmore
MARKETS
Sales
Range
Sale Price
LISTED
Monday, August 23, 1943
47c Mar
Cons
Mines-
—
—
J
*,
--
2.20
1,000
200
3
Aug
10c
Jan
1.46
Jan
5
July
17 %C Aug
2.35 July
27/eC
1
1
-
82c
4c
1,000
2%c
Jun
4'Ac Aug
82c
87c
3,100
65c
Jan
90c
*
—
3
3
5
1
2.05
1.99
2.05
2,625
Aug
1% May
3%
Jun
Jan
2.10
July
1.38
Volume
THE COMMERCIAL
Number 4205
158
Last
Par
Tamblyn
Ltd
Low
*
common
Canadian
Oil
Corp
:—
Tip Top Tailors preferred.
Toburn
Gold
4,405
1.70
200
■'*'
100
__
Co
83c
City Rapid Transit
109
85c
109
Mar
Aug
87c
Aug
75
75
75
50
68
Jun
77% July
16c
17c
5,000
10c
Jun
18c
56c
63c
35,000
35c
Apr
74c
Co
ol
Canada
Apr
10'A
8
A., 8
55
8'/a
8%
420
6
Jan
9
23%
24
25
22
May
26
3rd
War
Class
B
13
13
13%
175
7'A
Jan
16
United
;
Fuel
class
34%
34
35
90
32%
Jan
37
Feb
5
5
40
3%
Jan
United
8c
8c
1,000
5%c
Jan
10c
Jun
5%
5%
4'%
Jan
6
Apr
—
A.
50
.
1—
"Class B
25
—
Oils
6'%
Jun
8C
—
Upper Canada Mines Ltd
A
1.60
•
1.65
1.47
Oils
25c
26c
26c
5.50
5.70
56
20%
21'%
740
20c 20 %c
5,850
■
*
corn-
•
i
—
Jan
6.90
Jan
29c
Mar
36c
5,075
55
4.40
1,000
5.GO
■.,
-
Mines, Ltct
Walker-Gooderham & Worts
1,436 A
49,000
20c
3.40
85
Jun
1
Ltd—
Mines
Western Canada Flour common
Preferred
Westons
—
Ltd
Preferred
1
_
-
100
19
Jan
19c
Jan
3
Jan
8
Preferred
_
100
_
./
4.20
Anr
Mar
10%cMay
Jan
101% Aug
Jun
17
July
94
Jan
10
10,000
7
564
Aug
5c
•
July
Apr
20
8'A July
Jan
3%
75
56%
104
1%C May
62% July
1%C
1%C
10,500
8
8
100
*
—„
Co._.
Bridge
&
Osisko
Pend
Lake
8%
10
2'A
200
85
Jan
51/3
5%
5%
1,189
J
Jan
8% Aug
3% May
6% July
85
85
10
85
Aug
90
Mar
29'A
55
25%
Jan
31
July
1.45
1.50
1,700
78c
Jan
4%c
4%c
1,000
37
37
25
*
1,45
A
100
Temiskaming Mining Co
1
16c
27
7%o
Supertest Petroleum Corp Ord
1.67
27
16c
IT
-
15c
1.60
-J,
Metals
&
Jan
8%
2%
29'A
pfd
Mines
Apr
6%
l%c Aug
8% Aug
100
Mines—
Oreille
High
Mar
6%
—*
—
—,
Gas
Silknit
Low
%c
■
„
.
•
Selections
Ontario
8
1
Paper Corp
deHavllland Aircraft pfd
Oil
Range Since January 1
,_1
*
Marconi
Dominion
Sales
High
Mills
Vinegars
Oil
91
100%
Shares
Low
Consolidated
Foothills
Jan
104
Silk
Jun
Feb
4%c
56%
■
Mar
24c
:
12
4c
65/a
;il
40
6%
4 Vic
—
84% Aug
for Week
Range
of Prices
Par
Tretliewey Mines
Bruck
Canada
30
16%
104
.;
.
*
common
High
Feb
Jan
Funds
Week's
Sale Price
V"'
Brett
Canadian
220
78
77
16%
16%
—1
Mines—.
$1,000
Last
Aug
56% May
21% Jun
Jan
15
6'A
6%
a?
V'
*
..
Winnipeg Electric
'
100 'VV-
-
common
Wiltsey-Coghlan
,-'L
% r-
3,000
8c
Friday
STOCKS-
Feb
5.80
Jan
47
July
'
Wendigo Gold
9%c
Canadian
1.75 Aug
9%c
6.60
23c
—
Waite-Amulet
2.50
69
Aug. 14 to Aug. 20 both inclusive, compiled from official sales lists
5'A July
Jan
95c
11,500
6.35
6.35
Oils
Preferred
215
24c
Ventures, Ltd.
Vulcan
•A
1
-
1,020
Toronto Stock Exchange-Curb Section
"
*
United Steel
Vermilata
'
v
V
3.30
101% 101%
•_
July
8Va
_,j.
3.25
3.25
Gold
Loan—
July
July
•
8
-
A*
_
Corps class A
Low
50
9%c
•
84%
Bonds—
'
Union Gas
United
Range Since January 1
High
84%
Jun
23%
A-.'
common-
Girl
Shares
Feb
61c
*
Yankee
Low
James pfd——_100
Wnght-Hargreaves Mines™
Ymir
for Week
of Prices
Par
.v
Wood Alexander &
Aug
Jan
61c
1,000
1.07
Jan
100
5
3.25 Aug
Jan
90c
Aug
17c
■
1
:
109
83c
•;
™
•
100
Exploration
Transcontinental Resources
Twin-
3.25
1.70
...
Toronto General Trust
Towagmac
3.15
1.70
1
Mines
1.85
3.20
5
Sale Price
High
13
Jan
10'A
60
61'OCKS—
Sales
Range
Last
Range Since January 1
Low
13
Week's
Friday
Shares
High
13
Teck-Hughes Gold Mines
Texas
763
for Week
Range
of Prices
Sale Price
STOCKS—
CHRONICLE
Sales
Week's
Friday
& FINANCIAL
7%c
)
2 %c
34
2,000
May
37
Apr
1.05
Jan
10
Jun
7c
Jan
Mar
7'Ac
700
*
1.75
Aug
19c
Jun
1.90
18
Jan
10c
Jun
27
5 Vic
4,500
Jan
Aug
July
OVER-THE-COUNTER MARKETS
Quotations for Friday
Aug. 20
Insurance
Investing Companies
Par
Bid
Ask
1
6.85
7.45
—1%
3.18
"A 3.48
Aeronautical Securities
Affiliated Fund Inc
Series
3.49
Series
Scries
.-2
Oil Shares
A.AY
Nat Investing—
5
10
*
-
Industry Shares—
Fund
Boston
Fund
Bullock
Fund
Chemical
78%
Knickerbocker
5
8%
22%
24 %
Maryland
1
5
K-2__
16.81
18.55
American
23.94
26.26
American
Fidelity & Casualty_5
of
13.60
American
9.38
10.33
American
Re-Insurance
4.34
American
Reserve
10
American
Surety
25
60%
62
10
39%
42%
New
8-i
3.90
Loomis
Sayles Mut Fund
13.99
15.33
Loomis
Sayles Sec Fund.
3.75
3.05
27.87
I
5.91
6.48
*
90.36
92.20
10
37.73
38.50
Baltimore American
10c
Common
7.92
8.71
Boston
Camden
10.45
2,350
144
4.51
4.90
34%
3o %
4.19
4.61
1
20.33
21.86
City of
2d
1
10.01
10.76
10
10.29
11.25
•
3.50
Scried
1
2.61
2.61
1
mod
& Forster common—10
A8%
100
preferred—
& Forster
ACommcn
(Colo)
A7%
(Md)
100
: 31
29%
111
New
D
—1
19.06
-
~
_
7.28
20.61
25c
3.50
5.35
L19
England Fund
-1
11.60
29.12
32
17.20
18.67
Inc.
Fund
Fidelity
5.30
.10
9.23
1
3.60
20.21
4.58
4.34
•
I'- ''"'
;
Hartford Steamboiler
7.09
8.?6
;
-
...
Agricultural
ll.iS9
7.57
6.79
10.26
11.28
5.62
6.10
6.29
6.93
5.76
6.35
—
Amer
Trust
39%
shares
5.42
1
46c
13.12
\
14.11
1
3.43
88.76
2%
9.12
4.04
Selected Income Shares
1
Sovereign Investors
1
7.48
■
Fund,
Inc
6.78
7.46
Spencer Trask Fund
6.00
6.60
State
Investing
5.73
6.31
Petroleum
Railroad
RR
A
4.57
'
—
3.95
shares—•
:
1
Fund Inc
—10c
AHuron Holding Corp
Income
Foundation
4.57
Common
Incorporated Investors
.—5
Independence Trust Shares-.—•
Institutional Securities Ltd—
Investment
Co
1.42
1.55
19.34
20.80
2.19
1
2.31
of America—10
1
Investors Fund C
306
14%
32 %
com__20
44%
20
100
51%
198
City Bank,-—,—-12%
33%
35%
87%
91%
Trust Co
(J P) & Co Inc
York
Trust
Title Guarantee
25
& Trust
12
United States Trust
1,490
13%
25
Public Nat'l Bank & Trust—17'A
D
1
2.13
35%
46%
53%
208
32%
35
4%
100 1,190
5%
1,235
Ask
Bid
Public
101%
1
1
Service
(Indiana)—
3'As series E
•
Ask
■
1973
102%
102%
1953
101-
101%
Public Service
1973
107%
108
101%
Puget Sound Pow & Lt—
4'As
1972
107
107%
1950
104%
105%
105%
105%
(New Hampshire)
3%s series A
101%
1953
debs
(Jacob)
5s
5.46
Class
25c
B
18.80
20.56
7.13
7.80
Series
A
B
C
-
15.96
Union Preferred Stock Fund
B
17.44
15'A
U S El Lt & Pwr Shares A
1
15.85
17.43
A First
1
Boston
10
Corp
2>A
22%
2%
—
Sep 15.
%
%
L
Inl. Rate
Maturity-
Bid
101.1
Ask
tMar 15,
tDec 15,
1946—-
100.9
100.14
}Sep 15,
1947
100.12
%%
1944
1944
15,
1
1 Yb%
1943
1944
15,
Mar 15,
100.11
100.23
100.2
/
100.13
1946
Certificates
—
_
of
,
1
%
1%^
1%%
—
%%
99.31
100.1
t%S Dec 1, 1943—:
%%
1%%
100.22
100.24
t%s Feb 1, 1944
1945
100.17
100.19
tDec. 15,
1945
%%
99.26
99.28
1944
15,
1945
t%S Apr 1
1944—
t%s May 1.1944—
t%S Aug. 1, 1944—
24%
Bid
100.1
Ask
100.3
100.26
100.28
100.20
100.22
Indebtedness—
t%s Nov 1, 1943
100.25
15,
Mar 15,
Co
1972
100.7
Int. Rate
1943
15,
Dec
tMar
Corporations
&
Maturity—
Sep
tSept.
Investment Banking
ABlair
Gas—
Figures after decimal point represent one or more 32ds of a point
Jun
1.65
—
&
Quotations For U. S. Treasury Notes
80C
25.49
series
Elec
6.25
41c
71c
Fund
Carolina
3%s
104%
104
1968
3%S series D._
23.32
Bond
South
Ohio & Detroit RR—
Penn
Trusteed Industry Shares——25c
1.23
11.92
Consolidated Cigar 3%s
Shares—
Wellington Fund
24.04
100%
—1955
2.23
ASeries B
91c
22.12
Bid
Corp, 3%s_
Panhandle Eastern Pipe Line—
11.82
11.65
298
10
100 1,400
Recent Bond Issues
2%s
ASerles A
2.48
1.12
shares
Insurance Group
,
Ask
Ruppert
14.76
1
Series
83c
Bank Group shares—
New
46%
80
100 1,450
Bank
Trusteed Amer Bank Shs—
28c
10.78
Group shares-:
Aviation
16C
18
44%
76
Bid
155
preferred
National
217
16%
50
National
Conv
82.84
Union
Utility
Manufactures
47%
6.62
13.86
77.09
C
Trustee Stand Oil
4.36
4.15
shares—
5.99
•
ASerles
4.11
4.15
37%
207
Trust—10
Empire Trust
Celotex
*
Investment
ASeries
3.35
3.73
1——-£m.—
&
Bank & Trust_20
Corn Exchange
Trustee Stand Invest Shs—
6.57
6.81
St
Corp
Super Corp of Amer AA
5.44
3.03
:
shares
Tobacco
:
6.19
Equipment shares
Steel shares
5.97
5.42
shares
82
35%
145
Lawyers Trust
Morgan
Scudder, Stevens & Clark
.
Industrial Machinery shares-
4.94,
99%
9.94
5.20
--
53%
77
100
—
45
90.56
4.72
Mining shares
50%
33%
100
Guaranty Trust
Irving Trust
Kings County Trust
35%
,
10
3.77
•
Selected Amer Shares
5.97
2.50
38%
6.58
Republic Invest Fund
7.02
9.64
Price Shares
5.98
lOo
8.77
Merchandise shares
4
—10
Trust
96
100
Bank
Continental
51c
Quarterly Inc Shares
Equipment
Low
502
36%
Par
Fulton
394
382
13.55
Trust
2.18
10c
Electrical
6.80
487
:
Guarantee
Ask
21
Commercial National Bank &
7.05
shares-
Bid
50%
2.54
6.45
shares—1
72
100
;
U S
38%
69
Fidelity & Guaranty Co—2
Westchester Fire
"90%
2.60
5.86
bond
U S
47
85%
1
shares
Administered
Travelers
54%
132
10
U S Fire
100
48%
1
Chemical
General
313
Standard Accident-—
100
—
Series 1955
6.41
Fully
303
11%
t
10
Brooklyn Trust
Chemical Bank & Trust
Building shares
Food shares
62 %
Marine
Haven-
32%
19%
100
Trust
Bankers
Chase National Bank
1
25
5.97
■
6.38
shares
Aviation
Bank of New York—
2.03
Series 1958
27%
23
City Banks & Trust Cos.
Far
the Manhattan Co.—10
Bank of
•
£.
25%
10
'126%
New
44
Central Hanover Bank & Trust 20
shares
1953
7%
10
-
;
Springfield Ffre & Marine—-25
Security
30%
New York
8.33
6.17
-
—
5%
45%
31%
95%
37%
__2
Seaboard Surety
■1
29%
5
15%
35%
36%
29%
Inspect._10
92
14%
52 lA
27%
10
Fire
49%
88
8.24
10.2/
First
shares
Automobile
Hartford
46%
5
9.09
7.49
stock
Plymouth Fund Inc
Putnam (Geo) Fund
7.06
10
Home
Group Securities—
6.42
43
114
10
Fire—
Fire &
6 %
97
109
10
6
9.56
equipment
10
_
Corp (NY)-,
(Texas)—
(Paul)
Paul
26%
5%
92%
—10
10
Series 1956-
5.44
.
20%
American
Hanover
10.06
Series
'A
51%
18 %
i_
9.15
North
•
30 Vb
48 %
5
Marine
28 %
5
10
5
&
6 44
North Amer Bond Trust ctfs
33.43
5.05
Fire
Glens Falls Fire
Great
Railroad equipment
5.93
•
31.09
1
Capital Corp
General Investors Trust—i
12.81
Steel
5.31
•
General
Gibraltar
Railroad
22.15
...2
B
General Reinsurance Corp
7.05
9.47
-
stock
Metals
4.20
-2
A_.
6.42
5
5
GlobS & Republic
Machinery
1.94
1.73
-8 ?
Trust Shares
St
Newark
8.69
Oils
ic_
Foundation
Revere
of
Fire
6.21
Insurance
31.31
31
•
Republic
13%
11.89
1
12.45
_5
,_1
88
12%
Franklin
5.64
Electrical
Fund
Stock
84
Firemen's
4.61
24%
Providence-Washington
10
Fireman's Fd of San Fran
7.29
35%
16%
_io
—
Reinsurance
6.37
Building supply
21.15
19.60
Preferred Accident
70%
5.83
Chemical
1
Fund
Balanced
Phoenix
47'A
66%
3.16
33%
48%
Indemnity Co
Pacific
58'A
143
28%
14%
25
36
137
9
198
26%
45%
Fire
43%
20
7%
188
5
Pacific
10
Aviation
6.10
1.31
& Howard-
Eaton
& Deposit of Md
63%
12.50
33%
4.15
*
-
River
54'A
-
1U
Bank
—
42%
10
6.63
—
series
Automobile
North
39%
8%
25
60%
5
Northern
v29%
7%
22%
"
10
Northeastern
5
2.79
series
Agriculture
A
1
2.50
Fidelity
Fire
51
2.50
22%
18%
37%
Group
2
10
New Hampshire
New York Fire
20%
21
10
Federal
20
Casualty
New Brunswick
6.15
,
„_2
Fire
Amsterdam
Fire Assn of Phila
...
New York Stocks Inc—
Diversified Trustee Shares—
C
6.73
Preferred stock series
4.57
Dividend Shares
1
priced stock common
Bond
118
1.25
1.3"7
5.90
10
Employers Reinsurance
25c
voting shares
Low
.
29%
New York
Employees
Securities—
series B shares
Income
•
Cumulative Trust Shares
Fund—
Inc
National Investors Corp
National Security Series—
—
27%
Fund
Low priced bond series—
10
preferred—.
Delaware
—■
2.18
Insurance—
shares
B
Invest
Natlon-Wlde
2.18
Crum
8%
91'%
Continental Casualty
1
Series ACC
7%
Connecticut General Life
Mutual
Union
-.4
10
5%
77%
48
(Detroit)—10
Liberty
National
86%
5
10c
Trust
Fund—
National
25
Fire
Casualty
10
73%
5
National Fire
17
15%
100
Investors
Maryland Fund Inc
National
16%
59 %
56%
2*/a
Bankers & Shippers
Investors
9.66
14%
10
Automobile
Fund—
Manhattan Bond Fund Inc—
29.97,
2%
Mass
mod
12%
12.37
Knickerbocker
1
11%
S-2
Newark
12%
Merchant Fire Assur—
Merch & Mfrs Fire N Y
21%
,S-3
17.39
1
19%
Series
Accumulative series™
ACrum
5
—
13%
Series
2.32
AA
Equitable
Y
Casualty,.,
Massachusetts Bonding
4%
Corporate Trust Shares—-—-1
Series AA
1
-
A 13
Mass
Investment Trust
Consol
Alliance
139
Commonwealth Invest
41%
75
10
Life
Series S-l__*
28.90
100
38%
36%
25
American
16.62
16.17
1
Securities
20
34%
Agricultural
com—100 2,250
Fund-
Jersey Insurance of N
Aetna
37/a
•
Preferred
84%
i0.17
15.14
26.73
Ask
18%
81 %
-
I8.b7
K-l
Series
Bid
16%
10
4%
3.60
—
10
28.72
;
Christiana
10
Fire
Insur Co of North America
3'A
A
1
Ltd—
56% A
American Casualty
1
Ltd
Inv
53%
9.27
-
5
Century Shares Trust
Par
Homestead
;i._..10
146 %
16.98
:
*
5
Inc
Broad Street Invest Co Inc
Canadian
V1.;
1
preferred
14.09
,
Companies
Ask
138%
Aetna
Series
,
Bid
10
33.29
Series
6%
13.10
1
Common
Basic
6%
Surety
26.19
B-4
25%
Aetna Casual &
.AA'AaA;,
B-3
14.80
24%
Far
Ask
30.36
B-2
3.19
10
Ai«-Houghton Fund. Inc—.
A
Bid
B-l
13.64
Stand
-
Series
1
Holding Corp
American
Bankers
Keystone Custodian Funds—
Foreign Irivesting.lOc
AAmerex
American Business Shares
Assoc
Par
—
—
—
0.34%
b0.40
0.48%
b0.51
0.63%
b0.65
0.70%
b0.72
0.69%
b0.71
0.74%
b0.76
'it
Of Governmental
Bid
Commodity Credit Corp¬
us &
—Feb 15. 1945
Federal Home Loan
%s—
Banks—
Oct.
1,
1964-1944—
3V4S
Bid
3s
1.955-194R
Apr 15, 1944
U
S
100.4
100.6
,
3s
Jan.
1,
3s
Mnv
1956-1946—III—I
1
1o<;«.iQ4f5
,V
100.11
Sept.
100.14
105%
106%
Other
Issues
U S Conversion 3s
Sept. 30,
—1946
105%
106 %
1947
107%
108%,
s
1961
128%
130
bonds
104%
106
A
106%
16,
U S Conversion 3s
Manama
Canal 3s
.
•No
Cash
1943
par
0.33%
1943.
0.34%
value,
subject to
a
Odd
lot
all Federal
0.28%.
b0.37
0.30%
Oct.
0.32%
Oct.
28,
1943—
0.32%
Nov.
4,
1943—
0.32%
Nov.
b0.37
1943—
0.32%
Nov.
Oct.
14,
21,
1943.
12, 1943 —
18, 1943-
b0.37
0.34%
b0.37
0.34%
b0.375
0.35%
b0.375
0.35%
b0.375
0.35%
sales,
b Yield price,
d Deferred delivery,
r Canadian mark;
for year.
x-Ex-dividend.
y Ex-rights.
tBi
taxes,
A Quotations not furnished by sponsor or issuer.
sale—not Included in range
are
b0.37
b0.37
b0.37
w
Ask
1943—
b0.37
1943
Sept. 23 1943
103%
104%
1, 1944
103%
103 %
104,",f
104/V
Feb
7,
b0.37
1943
9.
'i'v
Bid
Ask
b0.37
2,
Sept.
Bills
ft/r discount at purchase
Oct.
Aug. 26, 1943
Housing Authority—
notes
are
Treasury bills—
Sept.
b0.75: -0.60%
103
"
Finance Corp—
100.10
1%%
"""""
1955-1945
Bid
Rates quoted
Ask
A
1943
1946-1944
4s
Agencies
Ask
Reconstruction
100.8
Federal Land Bank Bonds—
4s
United States Treasury
.
•! !
764
THE COMMERCIAL & FINANCIAL CHRONICLE
4
Monday, August 23, 1943
THE COURSE OF BANK CLEARINGS
>
Week
1943
Fifth Federal Reserve
Bank
clearings this week show an increase compared with a year ago. Prelim¬
inary figures compiled by us, based upon telegraphic advices from the chief cities ot
the country indicate that for the week ended
Saturday, Aug. 21, clearings from all
cities of the United States from which it is possible to obtain weekly
clearings will
be 15.0 % above those for the corresponding week last year.
Our preliminary total
stands at $8,529,956,005, against $7,417,780,264 for the same week in 1942.
At this
center there is a gain for the week ended Friday of 14.8%.
Our comparative sum¬
mary for the week follows:
■
West
$
Virginia—Huntington
1941
1940
Dec. %
1,056,096
863,419
+ 22.3
8951353
6,556,000
6,172,000
+
6.2
64,576,517
2,137,121
+
4.2
75,803,393
643 062
142,436,817
125,257,159
+ 13.7
4,217,000
52,422,717
1,886,707
105,042,901
41,271,495
36,775,782
+ 12.2
35,228,862
27,119,566
260,599,044
South Carolina—Charleston
Maryland—Baltimore
Total
14
«'•
or
67,263,226
235,781,998
+10.5
199,693,540
145,032,117
Richmond
District of
Aug.
Inc.
District—Richmond—
Virginia—Norfolk
■;
Ended
1942
-
•
2,015,410
Columbia—Washington..
(6 cities)
•
5.7
—
2,463,000
37,935,999
1,067.097
,
Sixth Federal Reserve
Tennessee—Knoxville
Clearings—Returns by Telegraph
New
Week Ending Aug. 21
York___._——
Chicago
1343
:
Kansas
City
San
—-
Francisco
.
V
;
—
.
'—.——•_.
Baltimore.
+
152,970,261
All
all cities,
cities,
100,151,772
+ 19.8
' +14.6
1,421,(>59,334
$6,202,769,733
1,215,010,531
$7,417,780,264
+15.0
Total
+13.7
+18.3
1,378,816,705
day——
one
all
cities
week
for
:
____-___
14.0%.
+
following
furnish
we
however, which
+17.0
4,819,715
711,062
Week
Ended
Federal
Aug.
Districts
Reserve
-—
cities
4,363, 546,455
3,748,601,712
+ 16.4
3,315,912,816
573,702.886
+ 12.7
560,148,384
418,048,045
519 296,313
512,301,756
+
1.4
456,060,280
331,862,007
6
"
260 599.044
+ 10.5
199,693,540
"
347 .415,258
+ 29.2
234,919,282
17
i-.'
"
560 ,605,144
508,878.923
+ 10.2
501,268,769
4 V*
-(-•253 ,464,886
221,951,931
+ 14.2
199.593,260
202 ,507,044
150,400,821
+ 34.6
145,049,932
"
"
283 ,691,672
231,370,972
+ 22.6
6
118 807,624
102,241,698
+ 16.2
92,090,773
72,251,231
10
"
506 ,034,166
444,048,301 •; + i4.o
345,697,561
10
City—-—^
11th Dallas
„
Francisco
x
"•
—111
—
York
—-
add
now
cities
32 cities
7,342,902,797
509,806,276
+ 14.7
6,555,601,200
3,362,015,166
428,132,240
1942
$
Inc.
$ ■:
Aug.
_
5,287,694
(17 cities)
Bedford
275,112,890
+
5.9
849,573
+
4.9
327,153
1.166,011
Haven.—
687,271
2.694,850
-
2,217,573
274,842,601
197,815,828
905,891
+ 24.3
979,141
574,067
392,320
+ 19.1
990,328
707,484
376,792
856,718
3,985,548
+ 20.4
3,351,564
3.1
2,631,855
13,772,898
■
5,795,189
15,611.000
630,402
+14.2
13,044,286
York—Albany
5,104,415
3,684,161
2,188,812
1,376,989
.5
1,550,284
1,401,796
501,268,769
''380,230,946
508,878,923
+10.2
135,300,000
+ 18.3
+
—
—
;
115,200,000
88,800 000
57,382,034
+
7.1
57.301,927
39,987.288
28,498,897
+
8.4
26,354,333
19,464,894
771,000
+
33.3
737,000
587,000
221,951,931
+14.2
199,593,260
148,839,182
District—Minneapolis—
4,611,140
4,625,585
.3
—
4,237,084
+ 43.5
98,059,115
73,756,796
37,648,524
+
24.8
33,813,468
27,771,689
3,113,204
Dakota—Fargo
98,230,428
46,988.849
2,932,208
+
6.2
3,094,891
2,498,329
+
26.5
1,247,165
865,397
4.8
8.8
1,008,772
3,509,437
3,234,664
+34.6
145,049,932
.112,695,203
:
1,511,639
1,116,886
4,244,358
4,652,336
202,507,044
(7 Cities)
1,194,854
1,053,233
150,400,821
—
—
175,722
;
Kansas—Topeka,
+
32.2
250,000
+
37.6
200,000
171,442
3,614,005
+
9.7
3,721,158
3,021,567
69,076,861
52,953,768
,
3,556,895
Wichita
2,753,776
Joseph
+
192,617,644
i
38.875,641
4,492,075
2,252,032
1,737,082
9.9
4,903,480
131,229,677
98,995,395
32.5
3,351,112
+
1,192,016
—15.9
1,062,125
—18.5
231,370,972
+22,6
186,277,831
1,950,235
+
1.3
653,991
5.1
318,280,772
233,655,327
8.763.784
?'
—46.0
1,181,558
5,748,662
+ 11.8
1,212,755
1,260,141
879,455
+ 13.7
1,177,497
3,611,397,659
+16.7
3,193,586,034
Falls
12,084,988
+ 14.5
6,288.773
—13.6
5,409,319
+ 11.0
381,802
+ 10.8
California—Long Beach
San
10,089,096
1,013,490
2,380,789,896
•+:
(111
Canada—
,
435,845
Youngstown
___
Pennsylvania—Pittsburgh
345,697,561
4,210,132,554
3,731,505,138
+ 12.8
6,555,601,200
3,362,015,166
Ended
1942
$
$
263,048,50
4,898,733,967
2,517,944,071
12
Aug.
Inc. or
1941
Dec. % N
1940
$
$
+
126,483,933
-
Winnipeg
118,628,696
r
6.5
111,217,022
133,070,653
103,991,118
+ 28.0
105,492,412
84,528,853
47,941,860
16,672,845
24,728,367
15,816,061
26,076,268
19,944,684
-
•
';
86,637,979
70,091,742
+
75,062,717
5,365,740
+ 19.5
5,488,109
+
2.3
4,744,874
4,738,212
3,872,656
3,708,022
'.'+
4.4
3,369,980
5,704,479
-
+ 47.6
22,481,910
89,663,353
Quebec
47,471,707
24,140,680
—
—12.9
6,405,143
3,218,612
4,920,073
+ 28.4
6,439,972
4,673,628
7.4
v'
7,842,067
6,551,416
6,109,164
2,798,658
2,463,861
+
13.6
1,985,611
1,907,160
1,699,633
+ 12.2
1,660,7.93
1,691,035
2,775,347
4,339,861
—36.1'
2,890,287
2,314,553
Edmonton
7,866,602
5,593,347
+ 40.6
4,980,341
3,820,309
Regina
7,531,513
5,125,752
+ 46.9
3,955,178
2,852,105
Calgary
V
+12.1
515,299
403,640
1,503,318
1,090,923
528,352
+ 90.9
790,603
438,377
1,465,434
+ 10.5
1,493,789
627,000 000
560,000,000
+ 12.0
541,000,000
St.
John
583,169
457,122
+ 27.6
387,860
842,526
749,940
+ 12.3
544,587
386,995
2,210,022
1,702,980
+ 29.8
1,316,701
1,155,981
545,922
475,974
1,247,666
+
3.2
1,888,462
2,319,000
+ 14.2
2,933,200
2,671,438
Brantford
1.239,184
+ 21.4
1,278,256
2,084,859
1,151,704
Fort William
2.023,067
+
3.1
1.869,857
1,358,891
New
6,170,400
Medicine
3,029,400
+ 146.0
6,873,600
573,702,886
+12.7
560,148,384
418,048,045
4.0
3,469,308
2,787,359
Saskatoon
—
-
Moose Jaw
949,297
.
103,699,604
14
204,300
2,261.827
3,566,703
3,313,525
196,645,245
200,152,154
519,296,313
512,301,756
8.8
85,788,214
60,651,085
165,677,694
14,681,300
118,336,035
—
1.2
11,225,000
—12.0
2,416,323
1,754,149
7.6
1.8
3,447,948
180,585,493
134,309,564
1.4
456,060,280
331,862,007
+
—
+
+
1.4
+
8.8
1,192,726
779,357
956,750
3.4
893,089
726,743
509,913
332,397
+ 53.4
374,888
977,090
810,424
+ 20.6
807,570
620,084
1,278,709
813,354
+ 57.2
801,855 "
901,297
923,158
Hat
Bherbrooke
2,798,815
—
"
190,941
___
;
Chatham
Sarnia
1
1,112,436
+ 13.1
1,130,546
928,914
4,958,762
—22.5
3,441,311
2,468,189
643,895
Moncton
Kingston
1,258,364
3,845,390
.
Prince Albert
494,320
+ 30.3
407,160
1,105,232
1,022,495
+
8.1
891,715
765,501
849,547
800,804
+
6.1
729,087
576,110
634,218
553,445
613,908
Ji
Sudbury—
Total
756,515
"
'
+ 10.8
—
959,849
1,114,634
924,314
Westminster
Windsor
184,968,460
+ 12.4
973,464
Kitchener
—
844,544
324,517
1,212,926
Peterborough
3,701,886
1,834,532
Brandon
2,647.809
646,440,959
.
Lethbridge___
1,160,351
402,000,000
1,602,521
"
(7 cities)
+14.0
+ 14.7
1943
Montreal
Ottawa:
1,414,938
94.571,593
r"
444,048,301
7,342,902,797
'.
Vancouver-
5.9
14,033,100
1,989,671
1,450,87:
2,487,69'
London—
•
204,937,567
Mansfield
3,425,22:
1,497,388
3,183,779
,•:.
6,090,329
7,453,700
Columbus
4,715,919
+ 44.1
506,034,166
—
1.504.666
*
+ 30.7
+ 34.2
8,424,692,564
cities)
Toronto
7,537,119
1.619,755
Cincinnati
3,678,225
1,165,651
3,266,835
Week
3,911,417
Fourth Federal Reserve District—Cleveland-
Cleveland
3,103,44:
147,066,001
Victoria
488,761
3.552.434
3,918,614
190,354,000
1,679,525
(10 cities)
Total
4,604,846
District—Philadelphia—
—
3,934,67!
+ 65.1
+ 23.5
4,805,985
1,287,697
;
5,290,883
2,543,785
220,875,000
4,383,888
Santa Barbara
5,319,259
»
1,008,713
Ohio—Canton
—69.3
4,200,296
Jose
Total
33,901,020
1,231,161
40,217,54:
272,755,000
Stockton
Grand
1,865,869
10,420,285
Pasadena
San Francisco
2,482,969,564
(10 cities)__—
+ 10.0
15,488,74(
3,315,912,816
New Jersey—Trenton
81,452,572
20,025,326
+16.4
_
72,251,231
6.7
3,748,601,712
i
92,090,773
+
Hamilton.
;
+16.2
22,976,751
21,810,383
:
102,241,698
24,505,821
26,037,969
Wilkes-Barre
3,375,608
89,619,969
C
Halifax
Scranton
.1,001.537
4,542,275
44,643,13:
432,323
.
1,293,649
+ 11.8
—
62,115,235
1,526,799
53,069,618
17,909,123
'Philadelphia
Reading
1,908,000
3.7
4,740,909
Utah—Salt Lake City
493,533
;
—10.3
2,668,000
1,255,942
+ 26.5
20,916,324
Chester
6,377,775
+ 15.0
2.8
Lancaster.
57,899,000
8,869,681
2,340,000
1,622,573
+ 29.6
1 344,999
1,689,311
73,493,000
72,565,889
27,046,100
Bethlehem
2,160,168
+ 16.3
+ 19.1
91,797,528 r
35.052.185
'
+ 56.4
11,021,250
118,807,624
Yakima
24,244,715
Pennsylvania—Altoona
'
1,209,128
Washington—Seattle
Newark
4,363,546,455
141,848,821
Oregon—Portland
Northern New Jersey
(12 cities).
698,934
♦5,300,000
(6 Cities)
344,497
23,591,974
Third Federal Reserve
•
*
6,006,902
"
13,121,668
2,392,000
560,296
5.2
980,305
—
5,432,884
Jersey—Montclair
Total
34,300,000
13,349,751
Syracuse
Connecticut—Stamford
639,856
•
80,605,362
93,734,292
1,179,676
45,800,000
4,214,560,010
York
3,050,536
Dallas
Fort Worth
7,435,512
+ 11.7
50,300,000
1,114,488
Rochester
.
Texas—Austin
578,132
+
1,150,226
Jamestown—
3,180,681
896,472
283,691,672
2,998,401
732,033
865,918
(10 cities)
30,303,413
+ 29.2
1,001,152
Pueblo
Total
101,970
+ 20.9
159,334,076
5,950,479
+
Colorado—Colorado Springs
116.226
+ 30.4
5,586,182 V
6,137,517
Missouri—Kansas -City
St.
132,949
343,967
Outside New York
1,321,051
876,346
3,965 517
-
_
Omaha
10,331,900
344,782,003
56,200,000
Elmira
3,691,982
140,974,621
Lincoln
4,218,052
12,982,400
+
622,001
v.
4,732,441
Buffalo'
Total
4,401,742
1.1
1,875,923
253,464,886
Nebraska—Fremont—i.
Hastings—;_____
10,689,051
2.4
—10.4
Second Federal Reserve District—New York-
Total
2.0
4,804,629
1,013,954
Tenth Federal Reserve District—Kansas
City-
2,202,487
362,283,999
tiinghamton—
York
354 959
401,918,589
1.339,456
301,489,495
.4
1.028,000
Paul
Total
3,087,243
+
5,935,132
Total (12 cities)
Total
452,847
11.8
61,450.698
$
2,763.535
13,989,000
Island—Providence
8,815,048
30,886,188
Ninth Federal Reserve
1940
15,732,278
_
1,155,334
3,892,548
+ 29.1
+
—:
2,057,625
160,100,000
Galveston
4,800,544
New Hampshire—Manchester
i
1,544,254
560,605,144
Minneapolis
Wichita
2,850,225
Connecticut—Hartford
New
434,197
400,219,298
2,020,044
—..
1,586,569
10,659,827
4,822,265
4.3'
+ 30.1
Twelfth Federal Reserve District—San Francisco-
—33.5
294,094,615
891,448
406,796
Worcester
New
7.0
+
—
1,866,695
Louisiana—Shreveport
t$
+ 27.9
>
Springfield
'
5,273,683
*
Minnesota—Duluth
'.
1941
or
693,656
Lowell
New
1,657,756
11,641,339
1,858,063
Eleventh Federal Reserve District—Dallas-
14
Dec. %
3,517,572
311,477,467
Portland
Massachusetts—Boston
■
Ended
887,124
Fall River
370,556,328
X—m
District—Boston-
Maine—Bangor
New
+19.1
,,
1943
?•
22,577,347
2,517,944,071
14 for four years:
at—
First Federal Reserve
Rhode
26,751,028
+
4,899,190
—
Tual .(4 Cities)
4,898,733,967
+ 12.3
Week
New
8.6
>
___.
Tennessee—Memphis
Illinois—Quincy
detailed statement showing the figures for each city for the
our
week ended Aug.
,,
5,643,577
30,247,056
+
Eighth Federal Reserve District—St. Louis—
141,848,821
3,731,505,138
8,424,692,564
4,210,132,554
City—
Canada
Clearings
19,351,000
2,456,901
560,652
Missouri—St. Louis
148,839,182
112,695,203
25,858,000
—
yVv
Total
We
186,277,831
380,230,946
\1
2,571,650
1.7
6,872,421
447,582,767
Kentucky—Louisville
263,048,503
—
Louis————i.-
.3
1,759,487
1,939,294
—11.6
.,,
^
Springfield
168,253,021
7 >"
7th Chicago
9th Minneapolis
!392,790
3,525,104
8,282,442
1,538,586
Chicago
145,032,117
10
235,781.998
268,839,796
——
594,426
;
4,851,153
2,392,809
6.4
4.5
+ 20.4
1,774,235
Decatur
2,482,969,564
646 440,959
+
—
2,812,230
Peoria
233,655,327
"
6th Atlanta
New
318,280,772
168,253,021
+ 29,2
4,645,058
6,858,800
$
$
5.1
+
"
——
5th Richmond
Outside
344,782,003
"
Philadelphia
4th Cleveland
10th Kansas
Dec. %
362, 283,999
234,919,282
26,891,040
2,893,192
,
Illinois—Bloomington__i".
1940
1941
or
550,535
3,048,663
ll,145i879
Moines
Montana—Billings—
10
New
3d
12th San
Inc.
+29.2
120 389
A
32,848,330
South Dakota—Aberdeen
——7
York
2d
8th St.
1942
$
$
12
12
1st Boston
•
37,034,741
7,321,817
Sioux City
Total
2,179,730
137,900
51,560,824
2,802,665
Haute
Rockford
3,086,353
.3
+ 30.4
—
3,484,427
CLEARINGS
1
1943
14
.943,730
27,335,000
Bend
Iowa—Cedar Rapids
we
by Federal Reserve Districts:
BANK
268,839,796
„
4,944|239
2|91oi756
Helena
OF
4,907,233
District—Chicago-
Wisconsin—Milwaukee
St.
SUMMARY
6,042,687
5.5
—
175,250
63,695,175
"
Des
5,098,655
174,780
_
South
-W
'
a summary
22,449 885
83,143,263
Lansing
North
In the
30,594,021
Indiana—Port Wayne
present further below
we are able to give the final and complete results for the week previous—the week
ended Aug. 14.
For that week there was an increase of 14.7%, the aggregate of
clearings for the whole country having amounted to $8,424,692,564, against $7,342,902,797 in the same week in 1942. Outside of this city there was an increase of 12.8%,
the bank clearings at this centre having recorded a gain of 16.7%.
We group the
cities according to the Federal Reserve Districts in which they are located and from
this it appears that in the New York District (including this city) the totals show
an improvement of 16.4%, in the Boston Reserve District of 5.1%, and in the Philadel¬
phia Reserve District of 12.7%. In the Cleveland Reserve District the totals are
larger by 1.4%, in the Richmond Reserve District by 10.5% and in the Atlanta Re¬
serve District by 29.2%.
In the Chicago Reserve District the totals register an
expansion of 10.2%, in the St. Louis Reserve District of 14.2% and in the Minne¬
apolis Reserve District of 34.6%.
In the Kansas City Reserve District the in¬
crease is
22.6%, in the Dallas Reserve District 16.2%, and in the San Francisco
District
+ 17.8
Michigan—Ann Arbor..
Accordingly, in the above the last day of the week in all cases has to be estimated.
Reserve
16,249,000
347,415,258
Seventh Federal Reserve
Complete and exact details for the week covered by the foregoing will appear
in our issue of next week. We cannot furnish them today, inasmuch as the week
ends Saturday and the Saturday figures are not available at time of going to press.
detailed statement,
1,219,905
1,526,72123,148,000
;
(10 cities)—
Terre
In the elaborate
1,538,734
+ 36.8
——
Orleans
Indianapolis—
Total
+ 28.9
+ 36.3
29,763,877
32,000,000
37,699,527
...
Mississippi—Vicksburg^
Louisiana—New
.2
$5,037,103,323
1,165,666,410
$7,108,236,671
five days.
1,748,360
1,700,000
2,316,373
Grand Rapids
Total
63,'500,000
+ 31.7
+ 15.8
177,160,763
.119,956,420
$5,72 3,479,9 66
cities, five days——
;—_~LJ
Other cities, five days___+,+,__—tv.,
19 648,428
88,800,000
2,254,177
Mobile
+ 15.1
+
28,484,042
+ 32.2
40,709,216
Alabama—Birmingham
+ 11.7
125,200,000
189,934,000
165,869,197
+ 26.6
98,500,000
Macon—1
+ 14.5
144,293,970
6.316,813
20,841,666
Florida—Jacksonville
1.7
$8,529,956,005
Ten
Augusta
+ 10.9
139,800,000
:
.
Georgia—Atlanta
+ 21.5
218,585,000
166,223,635
^
—.---t
—
Pittsburgh
C'eveland
528,945
457,000,000
261,658,208
165,173,291
—
Louis
St.
324
507,000,000
---
8,321,363
37,776,844
130.200,000
Nashville
%
+ 14.8
265,978,633
—
—
—-
—
1942
$3,115,496,970
$3,575,208,291
394,387,933
•
Philadelphia
B os ton
District—Atlanta—
(32 cities)
♦Estimated.
*•
689,160
—10.9
,
282,632
780,450
460,093
+ 69.6
504,035
386,526
1,011,108
1,259,232
—19.7
1,203,666
1,114,165
509,806,276
428,132,240
+ 19.1
370,556,223
275,112,890
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
158
Co.—Earnings-
Associated Telephone & Telegraph
6 Months
Interest
Other
divs, rec. from subs-
1942
and
expenses
'
'■'
:
•
'/■ Net earnings
General
1
Subcontracting
$402,205
r
;
'
—_
$545,152
84,835
84,155
Kenneth
F.
14%, higher on June 30, this
he said.—V. 158, p. 636.
was
in
than
year,
the year before,
$347,609
319,628
321,846
31,462
$83,589
$109,228
*$5,922
977,871
838,490
782,012
313,832
York
2
Balance
Surplus,
for
expenses—
sales
for
all
divisions of
the
company.—V. 158,
1___—i—
credits to surplus.——___
Direct
Jan.
Balance,
June
/v
56,673
•
*
'
•:'•/•
/
10,769
23,568
y;f *
$799,659
$958,486
$1,118,133
30——.—.
Comparative Balance 'Sheet, June 30
Assets—
subsidiary.?'companies
<
.
,
Period End.« June 30—
Operating
Operating
Unamortized
debt
Other •.deferred
Cash
and: expenses..'—-
Total
—
1'
i-
Li——*
_
1
•
oper.
340,434
$3,084,400
7%./cumulative preferred stock-—
preferred stock_—
983,650
Due
1,038,308
11,156,000
(par $1
.debentures
to
subsidiary
Deferred
companies.......-.—
credit
Reserves
11,604,000
123,873
8,811
28,426
■
33,194
56,100
_
______
Surplus^ reserves—
Capital surplus (unchanged since Jan.' 1, 1942)
Earned surplus
_L—
for
W-V.
1
1,321,636
1,118,133
158, p. 156.
23,225
Edgar
Bloom,
S.
President,
referring
to
Net
t/•"'
400,000 '
$117,773
consolidated statement
1943, stated that:
Shipping Administration in¬
'
"None
of
cluding
the
accounts
with
the
War
Net
addition
been
of
to
are
rate
charter
of
hire
on
of
many
vessels
our
has not
determined
however,
out
the
War
Shipping Administration for the values
vessels which- have been lost or requisitioned for title.
of several of our
In
the
with
by the War Shipping Administration.
We believe,
that the reserv for-'contingencies-which has been set aside
profits should be substantially 'more than sufficient If we
be
in
compensated
applicable
laws."
\
accordance'
;
■.
with
-
y
•
-
■
Comparative Consolidated
Period Ended June 30—
understanding
our
of
'//:; ;///./:
; •
Income
.
Account
1943—3 Mos.—-1942
1943—6 Mos.—1942
Operating revenues
',.<!■$2,987,750 -*$3;929,051
Oper. exps., incl. deprec. "
2,226,373 - . 3.141.466
$
$5,847,195
1943
share..
$3.19
-
inc.
on
$424,027
-
$1.01
$1,39
-
>
1941
1942
$584,214
Provision
before
Earnings
1942
$4,536,681
962,238
103,474
1,033,321
for
the
$4,644,537
769,105
93,495
'"$858,764
$921,906
(est.)..-
645,000
■
$675,611
in
the
last
38,042.
\
Tax
reserves
of
provision
the
&
>
$761,377
$787,585
$1,617,670
$1,051,261
119,817
106,414
259,884
$709,984
$667,768
$1,511,256
40,483
84,340
109,656
$1.02
$1.18
.
the
on
of
rate
1942
Revenue
Act, and
be maintained
profit will
Federal
the
1942
taxes
70.3%
was
of
,
operating
'.
.1943
.
.
profit___^.
•
Operating income
income
Net
Operating
Other
Divs.
Income
$770,951
$708,251
$1,595,596
$901,033
expense
60,735
71,531
124,910
145,738
$2,394,673
887,256
42,428
40,852
801,839
37,968
$882,986
:
$1,466,565
$418,084
:
...
income
$710,216
$636,720
$1,470,686
$755,295
Net
oper.
profit before prov. for taxes
;
Other
31,194
Prov.-
$1,257,891
*
31,199
23,915
-$1,497,763
2,527
Net
841,975
and
profits
Bah
to
157,
••;.
•
.
1
•
.
$895,634
$2,910,895
$1,204,059
U.
>
446,975
185.186
767,247
604,340 '
117,802
->•:
865,212
-
$592,646
,
158,218
$1,278,436
'
.
South
trustee
a
$0.72
S.
U. S.
$631,857
of
Misc.
of
Egremont, Mass.—V. 157,
this
p.
Other
Co.—-Obituary—
died
company,
777.-
v
17
Aug.
at
:
74,000
receiv¬
acceptances
in
and
2,021,474
16,281
advances
to
19,668
2,212,313
inventories
2,801,682
affiliated cos..
514,213
18,585.
assets
79,209
313,609
313,609
627,218
313,609
313,609
313,609
313,609
$2.13
out-
share-
per
Revenue
income
operations for 1943 show
?'
517,213
23,597
,
693,351
731,763
156,450
148,226
1
f $7,593,810
$7,711,342
.-
Goodwill
Total
6 Months Ended June 30—
of
1943
1942
$1,015,786
Cost
$1,077,794
677,118
767,765
sales-
?
Liabilities—
Notes payable
Accounts
S.
Administrative
$338,669
$310,029
120,051
140,239
54,928
...
47,116
expenses
$163,689
Other
(less
other
$122,674
6,589
10,847
31,448
deductions
26,939
income).
Depreciation
Provision
Net
for
Federal
income
taxes-
48,000
$77,651
per
common
$64,888
$0.82
income
Earnings
20,000
$0.68
share
Note—Profits
of the
corporation include those from transactions
subject to the provisions of the War Profits Control Act, providing for
of any profits found, as a result of renegotiation, to be
recapture
excessive.
For
quarter ended June 30,
1943, net profit was $48,241, equal to
comparing with $34,943 or 37 cents a share for the
quarter of 1942 and $29,409 or 31 cents a share for the quarter
ended March 31, 1943.
,
51
cents
share,
a
June
•
Balance
Sheet,
June
30,
will,
reserve
for depreciation
deferred
$1;
$686,219), $897,028; patents, $1; good¬
charges, $6,079; total, $2,117,286.
Liabilities—Accounts
Federal
tax
capital
notes
and
of
payable,
stock taxes,
accrued
$79,990;
accrued
local,
$23,594 Federal income taxes
interest
State
(less
and
U.
inc.
Federal
$1,500,000
571,403
686,726
216,455
93,319
166,438
425,383
104,835
74,760
___J.
and
excess
profits taxes
taxes—other
;
Accounts receivable—credit balances
Amounts
for
withheld
employees'
Misc.
for
war
payroll allotment plan
bonds
i
5,174
200,000
•
1,757,200 •"
1,757,200
Br205,303
Total
1,347,763
1,905,691
since Dec. 31, 1932
Dr205,303
1,347,763
i
surplus
Earned surplus
♦Less
17,217
200,000
:_
•
Treasury stock
Capital
23,532
5,796
contingencies..
stock
Common
10,133
under
liabilities
current
Reserve
accounts
doubtful
1942,
1942,
buildings
bonds,
revaluation
and
tax' credit,
of
for
reserve
JLess
U.
30,
S.
$50,302;
reserve
and
for
notes,
$130,357;
tions,
anticipation
discounts,
30,
June
1943,
30,
1943,
$29,305.
depreciation of
$1,558,263
at June 30,
1943,
U.
1942.
Operating
Operating
oper.
rev.
Pennsylvania—Earnings-
1943—Month—1942
1943—6 Mos.—1942
$65,403), $17,597; deferred income,
$10,750; reserve for contingencies and prior years' taxes, $14,837; capi¬
stock (94,551 no par shares), $567,306; capital
surplus, $718,391;
Net
operating
Operating taxes
revs._
18,809
32,492
surplus (accumulated
$2,117,286.—V. 158, p. 156.
since
Dec.
31,
1932),
total,
$684,821;
Net
Net
32,060,243
unexpired
and
payable,
reserved
Aviation Corp.—Sales of Division
Gross
of the company's
production of 50%
sales
increase
in
compared
announced
to
on
the
production
Aug.
17
in
Spencer
during
the
by William
F.
Up 50%—
Heater
the
half
same
period
Wise,
Executive
for
income
of
showed
this
$2,555,870
$2,354,853 $16,018,478 $14,333,675
1,127,942
8,111,451
6,888,420
$1,300,485
$1,226,911
$7,907,027
727,803
708,167
4,456,194
Ended
1942,
it
Bendix
was
Vice-President,
Aviation
(less
$1,612,719; Victory
$333,651;
Federal
for
and
State
tax
total,
taxes
payroll
(less
deduc¬
U.
S.
tax
(& Subs.)—Earnings—
30—
June
1943
___;
profit
1941
1942
$31,511,689 $18,841,585
$10,020,262
435,195
341,021
274,620
earnings
estim.
for
&
income
Fed.
&
Canadian
profits taxes
exc.
per
after
.
-
25,606,758
13,956,337
5,312,961
$4,665,477
$3,986,366
$4,007,545
$2.00
;
taxes
common
deduction
*After
of
$1.70
$1.71
share
administrative
factory,
selling expenses.
Notes—(1) Taxes for 1943 were based on rates slightly in excess of
those provided by the present Revenue Law without provision for post
war refund of excess
profits taxes, while the comparative figures for
1942
based
were
(2)
1941
rates
plus
and
25%.
or
months'
six
for
fluctuations
periods
ended
in
June
exchange
foreign
30,
and
1943
under the
applicable
1942.
Consolidated Balance Sheet, June 30
•
banks and
Cash
in
restricted
with U.
S.
$24,541,573 $18,170,848
—
Depts. & prime
contractors
13,871,384
securities
accounts
7,029,964
receivable
(less
reserve)
Post-war
profits
notes
refund
Other
4,550
Federal
and
Canadian
;
and
accounts
3,010,405
etc
and
deposits
1,337,708
16,161,581
666,934
734,938
—
—$114,573,511 $78,292,323
11,933,873
expenses
am't
proceedings
for
.
4,500,000
112,834
——
for Federal
credits
to
and
Dominion
income
1,883,440
18,200,000
1942
contingencies
Special reserves
8,851,491
13,871,384
orders.:
on
renegotiation
for
accrued
on
Government contracts
payable to U. S. Gov't under
payments
§Reserves
353,908
1,989,030
—
payable
for
2,867,762
1,038,071
15,244,909
cos.,
—:
Liabilities
Adv.
1__
receivable
Total
Customers'
1,552,928
——
notes
tStocks, bonds and notes of other
tProperty, plant and equipment
Goodwill and patents
Accounts
22,842,594
exc.
charges
deferred
and
49,948
23,570,800
etc.
of
tax
Prepayments
15,125,177
44*978
receivable
supplies,
Materials,
602,881
22,004,333
48,629
__
Empl. and officers traveling advs. & accts. rec._
Customers'
1942
1943
hand
on
expenditures under contracts
Gov't
♦Government
Customers'
to
tax——
13,731,480
205,105
—
___
1,193,512
Refrig. maintenance warranty reserve...
—
Common stock
($5 par) ______——;—T_—-
2,000,000
273,005
16,084,407
239,137
1,296,718
12,309,545
12,309,510
38,515,779
35,354,615
$7,445,255
Corp.—Record
Carburetor
$114,573,511 $78,292,323
Total
♦Other
V.
158,
tlncluding 125,184 shares of
I
Birdsboro
Steel Foundry & Machine
Months Ended June
♦Net
profits
for
Aug. 14.
Treasury tax notes,
288.
p.
4,335,522
Output—
S.
tLess reserve for depreciation and amort-r
ization of $12,967,883 in 1943 and $10,800,385 in 1942.
§Less U. S.
Treasury tax notes of $23,020,179 in 1943 and $6,468,772 in 1942.-—
M.
on
U.
Borg-Warner common stock.
Earnings,
Ferguson, Vice-President, stated
than
♦After
per
all
income
charges.,
and
excess
share—
Co.—Earnings—
1943
30—
—
common
-
1942
1941
$146,902
$0.74
$152,656
$0.77
$233,785
$1.17
including depreciation
profits taxes.
t
r
provision has been made for adjustments required
No
the
to
the
on
Renegotiation Law
July production of aircraft carburetors at Midwest plants of this
corporation exceeded the total manufactured in the entire year 1940,
P.
deferred,
expenses
earnings
inc.
*
158, p. 156.
an
year,
$1,000,000;
receivable
notes
$31,786,309 $19,276,780 $10,361,283
Deprec. & amort, on plant & equip.
1,350,263
1,159,457
880,656
Discount on sales & sundry charges
163,811
174,621
160,122
6
Division
first
operating
certificates,
and
.'./'v:...
operating
Total
29,577,037
1,255,385
income
—V.
as,
results
notes
Months
6
♦Net
76,895
5,083,696
tal
earned
made
the
$7,457,358 $48,l1.1.213 $43,987,607
6,669
5,586,750
S.
of
Treasury
accounts
636.
158, p.
Reserves
$8,149,289
revenues
expenses
if
($100
Deferred
Bell Telephone Co. of
Uncollectible
S.
$50,000;
Borg-Warner Corp.
and
tax anticipation notes and accrued interest,
$1,505,360; Dec. 31, 1942, $1,635,594.—V. 157, p. 2008.
Period End. June 30—
been
that
of $1,020,000), $521,661; 6% cumulative preferred
par), $2,640,300; common stock
(313,609 shares of no
par
value), $15,680,450;
capital
surplus/ $504,726;
earned
surplus,
$5,652,225; reserves for inventories, $1,000,000; reserve for post-war;
expenses and rehabilitation of properties, $270,000; total, $28,012,438.—
$7,711,342
June
Treasury
1943,
has
a
$20,602,670), $8,591,706; post-war excess profits
other non-current investments and receivables,
$20,000;
insurance
stock
Prov.
tLess
Of $1,515,835 at Dec. 31,
income
provision
or
$2,339,972;
inventories,
$13,566,995;
land,
water
rights,
and equipment (less reserves for depreciation, amortization
reserves),
1,798,970
$7,593,810
for
reserve
$61,754; Dec. 31,
$21,622; Dec. 31,
June
1943
Assets—Cash, $301,200; U. S. Govt, securities and accrued interest,
$250,542; accounts receivable (less reserves of $16,139), $170,583; inven¬
tories, $488,378; other assets, $3,474; property, plant and equipment
(less
tAccrued
Accrued
$1,500,000
1
wages,\ etc.__—
expenses,
$3.20
expenses.
on
a
net loss
a
$2,106,590;
savings
Cash
1
(banks and bankers)
payable—trade
Accrued
Gross profit
Selling expenses
'
'
is
$2.62
Balance Sheet, As at July 3, 1943
Assets—Cash,
U.
1
;
Deferred charges
Corp.—Earnings—
and
taxes
there
Act
Asse(s
Atlas Tack
.
V.V
$0.49
provision for Federal
1942
Net
receivable
notes
79,209
other non-operating
Earnings
74,000
assets
tFixed
on
and
79,209
$749,034
79,209
$1,373,717
1,513,608
accounts
$1,084,570
313,609
the
Prov.
,
200,826
and trade
7,957
$903,150
$741,077
profit less than the credit
allowed for excess profits tax, the Government will refund a part of
the taxes paid in the year 1942 on 1941 income, and this refund will
exceed any taxes Incurred for the first six months of this year.
ac¬
interest
Merchandise
-
•
>
:
savings bonds—Series F
notes
*53,355
$232,807
I*--1,1
stock
Note—No
30,'43 Dec. 31,'42
$2,194,180
able—trade
$500,875
surp.
Denton,
$0.66
169,980
$0.71
share__
common
*8,873
$303,552
165,400
June
♦Accounts,
2444.
D.
$297,593
164,280
banks, on hand and in transit
2%
Treasury bonds—1950-52—and
crued
413,984
* >
Atlantic Mutual Insurance
Prank
$271,001
Cash in
Investments
'
months—
Comparative Balance Sheet
trans¬
earn.
p.
per
*63,845
stock____
com.
com.
*And
5,106
130,000
448,764
exc.
Z
profit
ferred to
—V.
$1,552,191
contingencies
,
9,644
1,188,000
Assets—
taxes
for
1,440,209
before
reserve—
Prov. for income &
Prov.
258,914
$1,033,215
received-
Earnings
3,340
11,179
dividends
Earnings
(non-
profit
profit for the six
300,000
$894/277
excess,.
—
Common
recurring)
taxes
(net)
and
250,000
$168,963
$441,999
-
632,000
income
taxes
220,000
standing
Other
profit from disposition
Gross
$914,179
Fed.
for
profits
principally
resenting
income
Expenses of inactive prop,
Miscellaneous charges
profit (net), rep¬
of capital assets
«i
Total
480,000
1,110,000
contingencies—
on
Shares
V.
Gross
Interest
,25,110
225,000
850,000
______
tax—2
Liabilities—Accounts
842,059
;
profit
403,180
11,831
tax_
nor.
profits
profit
oh pfd. stock
Divs.
1941
'
Other
2,043,912
399,802
$28,012,438.
1942
.
$1,767,473
Sell., gen. and admin, exps
Depreciation
2,597,560
....
17,125
/
for Fed.
$3,523;
Belding Heminway Co.—Earnings—
Gross
374,735
Balance
earnings.
period in the above comparisons.
Operation
,
2,151,008
430,420
on
________
/
for
for
of the Controlled Materials Plan may reduce ship¬
slightly in the third quarter, but profits after taxes should not
be materially .changed.
Backlog of unfilled orders represents approxi¬
mately four months' shipments.—V. 158, p. 288.
'
; > ■
; ;
1 V
$791,377
60,967
current
ments
8,789,630
51,394
•
profits
exc.
$283,912
year.
used
1,092,082
*
duty
sales
for
Res.
3,223
-v
$217,011
$0.89
based
are
the
half
rate has been
(3)
$246,729
1942
The
(2)
This
surplus
assumption that
gen.
amort
for
Excess
388,476
603,711
30,176
share of capital stock
per
v.:,.
1941
.
^
contingencies
to
and
and
expenses
Prov.
$
—
Federal taxes
Notes—(1)
on
$1.07
**•
provision
taxes
income
300,000
$1.62
Int. and other non-oper.
under
Net
320,284
300,000
July 3,'43
July 3,142
June 28/41 June 29,'40
$18,891,675 $24,077,238 $18,019,720 $12,092,160
17,188,380 .18,429,550
12,991,143
8,653,882
sales—________
Interest
1943
before depreciation
for
*486,363
<
$5,597,831
6 Mos. End. June 30—
Net operating revenue
Taxes other than taxes
of
waste
'
Corp.—Earnings—
billed
income
:
1942
$8,438,520
999,608
•
sales
Deprec.
Ended June 30—
Provision for
$9,840,890
4,229,525
Net
Selling, ship,
/ expenses
*$207,750
$375,747
compensation for
concluded
Approximate figures.
Cost
Manufacturing Co.—Earnings—
Federal
the many services which we are rendering
have been finally audited by the Administration.
Settlement has not
been
/j,)
■
______
(1943).—V. 157, p. 2210.
sales
1943
*1,520,472
Bigelow-Sanford Carpet Co., Inc.—Earnings—
252.
p.
common
Months
,
*$11,686,215
6 Mos. Ended—
'*
the
months ended June 30,
*
>$207,750
charges, Federal taxes and a reserve for renegotiation of war
Belden
-Earnings—
profit before taxes
Net profit
after depreciation and taxes.—
Outstanding shares of common stock
Earnings per share
/y•
"v-
$86,716
per
contracts
West Indies Steamship Lines—Earns.
of profit and loss for the six
823,263
$775,747
$117,773
Provision for depreciation—111,415
Atlantic Gulf
34,104
466,399
profit •„/-/—■■ $1,336,000
Earnings
$0.91
;
position, including Government securities of $1,820,000, totaled $3,130,848 on July 31, 1943, as compared with $1,070,171
on the same date a
year ago.—V. 157, p. 1418.
-v
$649,616
$1,265,371
,
6 Months Ended June 30—
•Met
Net income
■
$123,936
6,163
50,000
158,
958,468
$24,307,081 $24,560,661
-
$641,364
8,252
accel,:;\:;!v;:;-H.'.;-'.;.-'::v;.:n
Bath Iron Works
•After
"48~,816
$0.95
$2,752,706
;,f
$1.10
sales
Reserve
Six
Total
1,584,208
.'/;y
,
Remainder
208,143
1,321,636
225,000
2,369,012
$1,244,171
21,200
$136,716
* war
(inch
♦Loss.—V.
$2,317,227
500,000
Net
$122,531
1,404
77,706
•
__j-„
special
reserves,
1,038,308
120,926
.y ___n—___
liabilities
A debents.-
ser.
1,687 697
2037.
p.
Best & Co.-
$2,225,572
.
$4,440,403
2,373,616
6 Mos Ended June 30—
7,187,373
$3,613,183
$218,294
3,871
_
depreciation)
983,650
1,368,466
1,368,466
?
1941
$4,690,843
1,405,283
taxes
Note—The cash
income
Net
3,792,457
preferred stock—
Class. A cumulative preferred stock.x-n,--K.r„
464,211
charges
on
Prov.
$3,084,400
3,792,457
.—.—
$4- cumulative
Common stock
42,000
Int.
$24,307,081 $24,560,661
—
9,011,677
$462,848
,.
340,317
$214,319
3,974.'
1942
$3,996,279
taxes—
share—
common
per
157,
$9,412,945
"
1,295,499
.
$678,531
—
income
Gross
360
-
rev
—___
Fixed
*'">
•
$6 cumulative
Current
458
i
companies—..!!-"-'^.—_
subsidiary
Liabilities—
5 Va %.
806,193
1,490
272,275
"
L—550,206
'.1
receivable
from
714,673
charges...
banks
in
Due
discount
—V.
1943—6 Mos.—1942
$1,758,347 $12,624,860
$2,185,211
1,506,681
revenues.
Operating income
*
Non.operating income..
1
.1
■
1943—Month—1942
expenses.
(& Subs.)—Earnings
1943
Federal
income and capital stock
Provision for contingencies
Net
Taxes
$22,701,308 $23,428,341
j
Patents, patent rights, etc
158,
$2,090,996
before
Fed.
Earnings
>'V
(Including Baltimore Coach Co.)
:
/
1942
1943
investments
Accounts
y.///y>
consolidated)
not
are
V. *
">
*
/»/
;y:•..
*
■
income
Net income
Net
/« (The accounts of
position."—V.
542.
p.
Baltimore Transit Co.—Earnings—
—I—»■" >
surplus
•
throttle
or
6 Months Ended June 30—
Net
'
30,917
temperature, propeller pitch
Beneficial Industrial Loan Corp.
Cramer
New
31,683
interest
interest
Amortlz. of debt disc*. &
altitude,
636.
p.
has been appointed District Manager of the
office, succeeding Joseph F. Hoerner, who has
been assigned to special duties in Washington, D. C., it is announced
by Ralph Kelly, President.
Mr. Cramer will direct New York district
company's
$460,318
$428,338
——
work
date
same
Baldwin Locomotive Works—New District Manager—
$431,764
86,139
.<
taxes
■ V','
the
on
The bulk of the corporation's aircraft carburetor
production, it was
said, is in the injection-type carburetor which, Mr. Ferguson
explained/
"provides American combat pilots with automatic and accurate meter¬
ing of fuel at all engine speeds and loads, Independent of changes
29,559
.
$514,477
income
Debenture
1941
$502,970
42,182
income
Total
?, •')'
1943
$514,477
Ended June 30—
and
Operating
,
who also revealed that the total of unfilled orders at Spencer Heater,
which manufactures low-pressure heating units for war manufacturing
buildings and homes, and heavy fabrications at Williamsport, Pa., now
is more than three times what it was at this time a year ago.
(Continued from page 736)
;
76 5
and
estimated provision
7r
766
THE COMMERCIAL &
FINANCIAL CHRONICLE
■
■v
Note—(1)
sions.
subject
are
to
audit
'
and
renegotiation
■
•
(2)
to
Earnings
Business
provi¬
-
the company's books of July
1, 1943, amounted
$12,350,000 which compares with $7,500,000 a year
157,. p. 2344.
''-W
on
mulations
approximately
previous.—V.
Co,—Earnings—
$10,248,865
___
1,235,400
9,822
2,745,610
____
operating
income
Non-operating income
19,891
55,770 •■/■-':
2,414,371 *10,747,659
$1,784,065 ; $1,430,291
_
.
discount
16,781' '
,
Earnings
$6,640,805
Ended
Aug.
$7,229,236
$6,835,984
1,797,544
1,652,719
item.-.:'1;;
-
V''-v
■!'" r
'
Tennessee
July 31 issued
of
to
its
entire
Fontana,
'
line
$4,836,000
Railway—Abaindon-
permitting abandonment by
railroad extending westerly from
of
13.96
miles,
in
sales
Net
'*'!•,
"Net
636.
"
from
____
94,853,299
4,287,668
_____
sh.^_
per com.
monthly
Gross
8,404,687
$1.53
''
heads
the
Stock Registered—
an
associated
in
the
offering
will.be
supplied by amendment.
added to
company's general
income
Net
Net
and
stock
out
of
1,500,000
158,
about
"f
of
profit—..
.JUI;
income
pro-:
Interest
debs,
on
Amort.
__I
debt
of
and
*
6,124,329
plans
company
Latin
further
other
debt-
1,202,764
the
Adjust,
Caribbean
Islands, South America,
and Europe.
the
1
237,126
common
capital
stock
from
400,000shares-. ($2.50
shares,.
par).
to
775,450
.
Cr60, 000
9,947,483
with
the board of
the
to
capital, the
VEarnings, for
Stated
6 Mos. End.
Period—
Net
♦The
in
made
net
net
by
income
income
the
of
for
company
$512,882
that
the
to
is
year
after, deducting
voluntary
a
Government
in
1943,
$7,313,584
with
Army
First
applicable
was
total
$3,357,820,
or;$1.57
;
Net
profit from
p.
repaired
placed in
and
•
1
the
authorized
not
amount
'j[
issue' 20
to
company
exceeding
$1,150,080,
to
National
Bank
has been
of
Atlanta,
accepted.
the
and
At
this
Trust
price
Co.
the
-
promissory
evidence
of
Georgia,
Provision
tion
A
for
and
Net
profit from
Other income
Net prof.
$1,995,270
The
directors
)
i
and
for
$5,426,298
71,234
356,017
record
Sept. 10.—V. 158, p. 482.
26
inc.
19,133,715
—
income and
profits
131,000
Other railway
taxes
1,396,000
2,740,000
3,808,000
3,260,000
Net
operating
income—
120,000
228,500
331,500
301,500
Net
income
Per
share
refund of
$4,898,751
347,000
302,000
-
exc.
tax
Crl39,600
Net prof, for the per.
Earns, per com. share.
Cr376,600
$521,312
$531,579
$1,387,632
$1.75
$1.78
V.
$4.67
$1,035,251
.
after
$3.48
..
has
to
!
.
1943—7 Mos.—1942
taxes
5,805,005
-
4,557,566
%
952,590
this should be
ana
Consolidated
894,810
All
—
________
preference
$0.26
;$2.30
44.950
43,545
309,795
Balance
transferable
profit
2,915.032
to,;.
1— I'
loss
and
2,024,226
17,693,257
outstanding general mortgage 5% 50-year gold bonds have
for redemption as of Oct.
1, 1943, at 105 and interest.
called
Payment will be made at the Chase National Bank of the
City of New
York, 11 Broad Street, New York, N. Y.—V.
136, p. 4458.
Ross
Plate
the
S.
Marshall,
and
Pere
office
with
Broulan Porcupine
Mines, Ltd.—Report—
well above
mated
the
estimated
average
grade of
ore
reserves
of
$7.97.
Esti¬
profit for
the second quarter after allowance for
depreciation,
development and taxes, amounted to
$132,010, equal to $0 049
share.
Estimated net profit for the first six
deferred
per
months
amounted
recovery
much
Net
ities
$260,075,
being
over
equal to $0,096
25%- above mine
share
per
as
accrued
of
June
taxes,
30,
amounted
to
$513,651,
or
of
due
considered
1943
to
to
be
:
less
current
equal
to
»
liabil¬
$0 19
ICC
per
northwesterly
The
of
to
Austin,
Counties,
stock
9
&
Ohio
and
Jan. 1, 1932.—V.
miles,
all
in
Cameron
controls
has
the Susquehanna
operated
the
The
company
common
stock,
with
60
with
a
properties
of
the
latter
since
on
no
July
31
par value,
for
paid
a
to
year
a
dividend
holders
of
$1
per share on the
July 26.
This com¬
ago.—V. 156, p. 2188.
of
0.20%
and
Ohio,
&
Ohio
or
Commission
after
158,
p.
to
this
year
that
to
amount
an
Dec.
31, 1943, equal to the $5,200,000
authorized by the Commission several
next,
funded debt;
of
—
________
-
.
203,578
.
201,515
the
9,350,000
18,500,000
10,300,000
8;770,006
trackage
Co.
■
of
the
State Line Junction
rights
.
over
a
line
of
the
Pere
Marquette
-
line
of
to Morocco,
railroad
to
Porter,
Newton, Fountain
LaCrosse,
involved
extend
(1)
approximately 9.7 miles, and
Percy Junction
approximately
and
46.3
Parke
miles,
counties.
all
In
The
from
(2) from
20,974,843' 30,494,274
______;
1
and
-
*
$2.02
.
$4.82
5,541,001
15,874,942
$7.0i
'
"
11,937,739
war
con¬
1942
have
not
yet
been
concluded.
No
reserve
pro¬
Consolidated
Earned
Surplus
^
dividends
1943
I
.
1942
129,976,806 129,676,753
12,537,350
8,770,006
profit for the six months ended June 30—
Cash
.
Account
142,514,156 138,446,761
6,526,698
8,702,264
paid-"——_______
Earned
V/;
.
3b____—________ 135,987,458 129,744,497
surplus at June
V-;;
Comparative
.r
Consolidated Balance Sheet
/'v■o-iV.''.;':'.:-"'
I.
^1 *-v4
"Assets—•
receivable
'
Ysubsidiaries
Unbilled
.
and
and
fees
facilities
in
(Canada
on
—-—---
—
foreign subsidiEngland)————__—
in operations-
§Sundry
investments & miscellaneous accounts
Expense advances and current accounts—offi¬
cers
and employees
Investments in partially-owned domestic subs,
*'Property, plant, and equipment
——
Goodwill
Prepaid
•
insurance,
——
taxes,
59,767,420
146,859
41,287,014
cost-plus-fixed-fee
wholly-owned
and.
87,522,303
88,311
40,989,460
71,162,035
■{.
contracts————
—
.;
$'■;
wholly-owned foreign
__________
costs
supply
140,804,937
65,517,474
——:
from
receivable
*.'■;
r
.June 30, '43 Dec. 31, '42
.*■'"?
,
2,335,958
2,607,665
1,813,179
,
2,335,95^
2,607,720
353,381
136,364
801,000
919,321
51,361,455
55,090,105
212,874
1
etc._;
1
1,583,394
——
rent,
,
57,989,645
-
2,722,343
LaPorte
trackage
,
28,052,192
Total
aries
recently issued a certificate peimitting abandonment by
Charles F. Propst,
Receiver, of portions of the line of railroad in
LaPorte, Porter, Jasper and Newton Counties, Ind., and abandonment
Jasper,
of
year
Real estate not used
ICC
;
26,845,940
$2.88
investments
Chicago Attica & Southern RR.—Abandonment—
>
taxes—
12,537,350
^Inventories
V
.
»
'
$17,239,936 $15,507,589
_____
S
,
;
12,899,463
25,450,000
per
tAccounts
depreciation and taxes
v
portions
14,464,422
5,044,151
Net
:
equipment
ago.'!
June 30,'42
*1940
$
-J
Earned surplus at Jan. 1
months
July 2,'43
,
,
"
♦Cash
Net profit after
interest,
—V. 158, p. 186.
of
1941
♦
-
profit
Accounts
:
Ended
^
Subsidiaries)
■
483.
6 Months Ended—
operation
States
$
6,000,00ft
inc.
Fed.
pi of its
date.-;
of
Months
vision has. been made, for the possible effects, if
any, of renegotiation
proceedings applicable to the operations for the year of 1942 as previ¬
ously reported, or for the first half of 1943 as set forth above.;:
v
Chicago Mail Order Co.—Earnings—
Sales
United
6 Months Ended June 30—
interest
to everyone.
%
1942
share___:
to
to
Ry.;
affiliated
20,
Six
Note—Transactions for the six months ended June 30, 1943, are
to the provisions of the War Profits Cantrol Act providing for
renegotiation and recapture by the United States Government of any
profits found to be excessive.
Renegotiation proceedings with respect
"the
retire
for
post-war
Comparative
Sept.
on
•
subject
Nickel
promoted
was
railroad
redemption,
accrued
that
announces
certificates
The
of
17
Chesapeake
satisfaction
♦Foreign subsidiaries consolidated.
tOf. civilian products and
materials, including billable costs and fees on cost-plus-fixed-fee
tracts. \ ^Charged to cost of sales and expenses.
calling of the series G-3 bonds
redemption is in line with the agreement made with the Interstate
trust
for
"Net
refunding and improvements mtge, 0.85% bonds, series
1, 1944, outstanding in the principal amount of $1,-
company
maturing
Ry.
record
Aug.
y
1
<
17 authorized
Aug.
on
Feb.
Commerce
of
paid
Chesapeake &
the
'
.«
377,237,105 228.434,781 441,807,762 354,369,852
engineering,
advertising,
and
general
gen.
:r:'••
premium
The
for
Earnings
$1.80
They will be redeemed at the office of J. P. Morgan & Co.,
Wall St., New York, at their full principal amount, together
23
The
156, p. 1739.
cents
due
Inc.,
and
through ownership
:
directors
380,000.
Corp.—Abandonment
Campe Corp.—Pays $1 Dividend—
pares
G-3,
Pa.1
Baltimore
capital
approximately
-
of all the road's
—V.
recently issued a certificate permitting abandonment
by
the corporation, and abandonment of
operation by the Baltimore &
Ohio RR. of lines of railroad
extending from a .point near Sinnemahoning northeasterly through Wharton to a point near
Burrows, 44.46
miles, and the so-called Austin branch line extending from Wharton
Potter
The
the
1943.—V. 156, p. 2188.
Buffalo & Susquehanna Railroad
The
which,
is
average,
higher than may be normally anticipated.
current assets, including stores and
bonds,
and
share
to
on
of
is
435,688,876 259,454,250 508,128,545 423,216,318.
rehabilitation
To Redeem $1,380,000 of Bonds—
v
During the second quarter, actual recovery amounted to
$325,765
31,435 tons milled or an average of $10.36
per ton, which is
railroads,
Mr. Marshall is also an' officer or director of 19
companies.
from
Vice-President of the
Marquette
Senior'Vice-President
offices at Cleveland, Ohio.
of
,
13,855,355
of
of
435,405,318 259,250,081 507,966,137 422,643,281
283,558
204,170
162,408
,573,036
estimated
299,37C
[
ammunition,
other items
,
June 30
$Deprec. & amortization
Sinking and other ap¬
propriations of inc.—;
■"V'1'.''■'vV-"';
contracts
Prov.
common
•
many
,
Statement
Wholly-Owned
_____________
Admin.,
selling,
7:-?k service;
14,154,725
on
fee
v
17,710,905
18,003,052
and
$435,405,318, as compared with
five years 1937-1941,
inclusive,
source
a
'•
income
Total
8,140,813
6,583,098
21,516,162
-
■,
times
totaled
Income
'
'
Cost of sales, mcl. costs
under cost-plus-fixed-
23;398,888
2,067,771
-
corporation
sales
Other
.
2,526,838
•
•.
•
8,000 sub-contractors in 39 States;
as many medium
tanks as it
the Chrysler Tank Arsenal was
anti-aircraft cannon, of
10
$
"'-.v
3,450,624
»
,
when
1943
tNet
Prov.
——I—_2,959,982
'
.
,
taken,
.
29,666,686
increased its output
new
major projects for the
and production plans are being
than
than
build
first six months
(Including
15,926,205 117,116,184 100,086,583
$0.38
Binghamton (N. Y.) Gas Works—To Redeem Bonds—
All of the
■
several
The output of
airplane sections, gyrocompasses
volume basis.
%
Comparative
Official Promoted—
been
..
doing
more
more
a
excess
div._
-U — -1-f-
„«rr
...
t
would
months of -this year were
equivalent to $2.88 per share.
;'*:
The management believes that to help shorten the war
by vigorous/
diligentj and intelligent, prosecution of the war work
assigned to us is
the everyday
responsibility of everyone connected with Chrysler Corp.
; Our engineering and supervisory; staffs, with a long and varied
experi¬
ence with
designing and production problems, working with the several
branches of the military
services, have contributed greatly to the sig¬
nificant
part in thd country's' war activities," which the
,V I;
excess
tax
.
public interest
peace-time
expenses—_________
;4: 1943—Month—1942
$3,685,079
185,000
prof,
2344.;
Gross
Fed.
$5,497,532
no
v.
plants
our
contracted
;
Chesapeake & Ohio Ry.—Earnings
Period End. July 31—
$
$2,028,712
that
corporation
year
- ■
-
.
this
engineering
17
able Oct,; 1 to, holders 01
$4,542,735
228,350
held
.
undertook
which
-
-
have
exceeds
on
j
The directors also declared the usual quarterly dividends of $1.75
share on the 7% preferred stock, $1.50 per share on the 6% '
preferred stock, $1.50 per share on the $6 series preferred stock and
62Vi cents per share on the $50 par 5% series preferred stock, all pay¬
112,517
$3,456,728
544'.
'Six
;
declared a dividend (No. 2) of "(0 cents
payable Aug. 31 to holders of record
Aug. 30.
An initial distribution of 12Va cents per share was made on
this issue on June 1, last.
;
j
Aug.
on
tax_
exc.
Wis.
p.
f
11.7,146
if,
j
average first half-year sales for the
Of $374,242,286.
>;
-v'
rS)i: Net profit amounted to $12,537,350 after
provision for taxes and
reserves.
'This profit compares with $8,770,006 earned
during the first
half of 1942.The
percentage of profit earned was 2.9% of sales, as
compared with 3.4% for the same period of last
year, and with 5.9%
-for the five-year period
1937-1941; inclusive. • Earnings for the first
share on the common stock,
per
tax.
inc.
for
for
157,
60,375'
33,442;
bef©r& taxes
Prov.
—V.
$4,655,252
court
-.
.
first half of
Sales for the
cosV
would approximate 1.99%.—V. 158, p. 544.
(less mis¬
charges)—
Prov.
profits
'.'•I
69,457
oper.
Prov. for Fed.
Post-war
$5,543,445
deprecia¬
amortization
cellaneous
1943—12 Mos.—1942
$3,517,104
to
an
projected.
also-
A-
annual
average
the
now
engines,
per
1943—6 Mos.—1942
$2,064,726
oper.__
The
the delay.
for
.
Briggs & Stratton Corp.—Earnings
Period End. June 30—
'
t
the SEC
(2) it has produced
Central Maine Power .Co.—Common Dividend No. 2—
.
for
originally
a
advertised for bids and' also invited bids ilfjrom 20
houses,
18 banks, and 27 insurance,'companies,
jfor the
the conditional-sale or lease contract and' notes .4vidcncv
of
lanta, Ga.,
on
,
proposal
on Aug. 18 adjourned until Aug. 24
recommendation \of Special Master Robert P.
involuntary petition for the reorganization of the
the
which it has shared with
company
of the proceeds
common
'
►
a
war work,
and the number of em¬
employment peak. - Some idea of the
-range of our war activities and of the significance of our
output may
be indicated by two
interesting Tacts; (1) Chrysler Corp. has undertaken some 5,925'separate commitments for war materials, many of
$5,182,025
ing the deferred payment of the purchase price of the' eight
[locomo¬
tives.
Three bids were received, the highest and best a joint .bid ol
$1,158,130 from the Liberty National Bank & Trust Col of Savannah,
to
$204,330
Aug, 17 declared a dividend of 40 cents per share
stock, payable Sept. 10 to holders of record Sept. l.'T
This compares with 80 cents paid on June 10,
last, $1.50 on Dec. 15,
1942, and $1 on Dec. 30, 1941.—V. 157, p. 1939.
•
the
on
157,
recently
a
purchase
Corporations, Inc.—40-Cent Distribution—
directors
The
■
',
:;,V;
,
Breeze
of
connection
Such refund,
while made in June,
operations.
tDeficit.—V. 158, p. 543.
1942
and the plant has been
2212.
;
insurance
investment
1940
$74,932
$122,598
refund
in
The
:
■
1941
t$84,211
contracts.
to
$6,826,516
the
unpaid principal of the purchase price of. 8 locomotives"acquired under
conditional-sale or lease contracts,, the notes to be,.sold at $1,(158,130.
five members.
Calendar Years
1942
*$512,882
$425,192
1942
reflect
by
ICC
notes
Periods :
■
June 30,'43
income
intends to "
company
from the present
on
the
upon
services
ployees
^
in
nine
,
.
31
from
Co.—Hearing Put Over Until Aug. 24—
materials
war
We
5,755,788
Central of Georgia Railway—Trustee Notes—
The
increase
directors
as
developed.
11,271, 597
compares with
a
net profit of
share for the six months ended June
^operation.—V.
one-half share for each share held.
connection
-
Aug.
the
shares
be dismissed.
During
of
armed
This
covered
"■"-•'•'vJ-'-"-
Following the stockholders meeting, directors met to act on'a pro¬
to issue 200,000 shares of stock a$; a dividend in the ratio of
In
Lines, Inc.—Proposes Increase
Chrysler
237,636
30, 1942.
'
^
"
Note—Operations during the second quarter were interrupted by a
the Newark, N. J., plant and by an explosion at the Cumber¬
land, Md., plant, with a resultant loss of several weeks' projduction?
The physical properties destroyed as a result of the
e^plosjin were
posal
increase
vote
^
Vv1'"j
Corp.-i-Semi-Annual' Report^K, T. Keller^
President, in his remarks to stockholders states:
strike at
1,500,000
.•:
Woodruffy northerly to the end
16.8 miles, all in Oneida and
and for a judgment creditor
opposed the com¬
adjournment until Sept. 1, when the company's
for; dismissal is- scheduled to be argued.—V. 158, p.. 667:
C
motion
f
1.000.000
respect to increase in
in Celluloid Corp.—„„
common
Expansion Program—
19 approved a $5,000,000, expansion program
for post-war air transport after the war. In this
connection, they ap¬
proved the plan of President T. E. Braniff to increase the authorized
Aug.
on
will
,
point
a
were
be affected by
in
stock.
"
Stockholders Approve
Stockholders
at
from
increase
that
Counsel
per common share—V,, $3.23
$3.§8
J>- $2.42
corporation and subsidiaries report for the six.months ended
June 30,
1943, a net profit of $3,085,826 after charges and
[Federal
income taxes, equal to. $1.37 a share on 1,376,551 shares of common
initiation of cargo service, and the development of feeder lines.
Its
plans also contemplate the extension of its service to the Canal Zone,
the
railroad -extending
300,000 to 500,000.
No details
to the disposition of the additional
shares.—V. 158, p.
pany's-motion
discount
expenses
Provision for contingencies
shares
routes,
of
approximately
158, p. 483.
Wis.—'V.
common
hearing
company
The
domestic
its
■
Federal Judge Simon H. Rifkind
i;
Earnings
of
of
,/ Stevenson
924,092
805,611
■h 324,563
premium,
and
America.
extension
Star Lake,
stockholders
Childs
,
$23,321,139 $22,938 ,685 $1' 552,826
4,019,812
'3,370 ,766 v: 601,928
equity
It has no preferred stock, funded debt or bank loans.
■;% Prov. for Federal income taxes
in 1930, Braniff has grown into one of the principal
airlines, its routes linking the important cities of Chicago,
v;': Net income
Kansas City and Denver with Texas and
the, Southwest and, through
with
at
announced
.
Incorporated
airlines,
remains before
158, p. 483.
.
Total
authorized.
The
decisions.—V.
^
The
$23,092,540 $22,898,455 $14,510,^9
•
228,599
<
40,229
j 42,377
—
line
Counties,
number
-
.
company, of a line
north of the depot
mile
Chicago & Southern Air
in Capitalization—
;:L; '.y vp; !'■ ?' ' "
J'
7,484,037
income
the
Vilas
(& Subs.)- Ear nings
■'
of. the
0.5
$3.13
commercial
connecting
court
recently issued a certificate permitting abandonment by
Av':- Scandrett,;;Walter: J.? .Cummings;. and George 1.
Haight,
385.
p.
'"-'j
general
—.——i
Depreciation
ceeds
from the
sale
will
be
funds as
working capital and will be available for contemplated
expansion of the company's routes and services.
Giving effect to the proposed financing, the company will have
common
"Vv:
>y•;> 1943
-•
: 1942I:
1941 operations—, $30,576,578 $29,022,785 $18 434,541*
from
administration
operating
Other
"•additional
outstanding 1,000,000 shares of
quarterly figures.—V.
or
SEC
Aug. 12.
F. Eberstadt & Co.
underwriting group which is expected to offer the stock about
The public offering price and a list of the other underwriters
Aug. 26.
'
ICC
trustees
,
issue of 400,000 shares
an
r1942.:
5 902,547
$4.46
..
5
filed with
was
,
*
The
2,885,430
.,12 Months Ended June 30—
481.
expenses
stock
the reorganization plan
with
Henry
1943—12 Mos
67,676,629. 169,345,520 110 555,180
$2.28
Celanese Corporation of America
Selling,
registration statement (2-5198) covering
earnings;
Abandonment—
charges and Federal income and excess profits taxes!;
1943, net profit was $822,742 against $416,777 for
July 1942,;"
sales for the month were $16,116,940
against $11,503,40 6.
v-:
Note—As
a
consequence
of war interference with materia Is flow
and other war imposed conditions, there is a
misleading va 'lability
in
monthly sales and profits, making it unsafe to calculate trends
unpaid principal on certain equipment contracts.—V.
common
;
RR.—ICC
Interstate
concerning improved
net
The ICC recently authorized • the road to issue not
exceeding $4.-,
003,671 of promissory notes in evidence of, but not-in payment of, the
p.
Pacific
&
its
it for; adjustments in line
'
-Earnings1943- -7 Mos.—1942
profit
and
-v,
158,
y
Swain 'ICounty,
i'.;;v,i'" *"
'f July,
■■■■/.'V"
Boston & Maine RR.—Notes—
Paul
Commerce Commission
refused Aug:
12 to recon¬
entire plan of reorganization for. the
road, as had been re¬
by the company.
'•:;y
The company contended
that it was aggrieved by the reorganiza¬
tion plan which limits
capitalization of the new company to $548,533,321 and makes no provision for participation of present stock*
holders in the new
company.
It called these provisions "unfair and
contrary to law," in the light of improved
earnings since the reor¬
ganization plan was issued in
February, 1940.
,'v.vk r.i.
Although the Commission refused to reopen the case for testimony
certificate
a
St.
quested
1942
$.
Earnings
Braniff Airways, Inc.—Common
The
sider
Southern
approximately
.V;i: '
V
Period End. July 31—
week
the
to
y'V
1943
•
Caterpillar Tractor
$2.04
,
company reports
for
;.'-Sv Chicago, Milwaukee,
Rejects Road's Plea—
each
amount
.ft/v,/'"
•
p.
t
the number of kilowatt-hours available for its
ended Aug. 14, 1943, as 33,486,000 compared
with 30,049,000 for the week ended Aug. 15, 1943, an increase of 11.4%.
For the week ended Aug.
7, 1943, output was'33,319,000 kwh., an
increase of
16.4%
over
the corresponding week
last year,—V. 158,
A
will
l.Vo
♦After
The
territory
of
1943,
in
and
$5,663,000
&
on
company
C.
$5,038,440
Output Up 11.4%—
p.
30,
last,
}:?/£<£'■-
ICC
Bushnell
N.
capital
non-recurring
a
21,
earnings
158, p. 543.
The
net gain 6f $430,803 realized in 1942 from the Sale of;
Radio Station WEEI is excluded from the income balance as this gain
is
June
Ry.—Earnings—
7—
ment—
195,179
$1,001,128 *$5,576,517
^ '■ $0.40 ': ' - •
$2.26
$1,367,707
>
$0.55
share--—
per
and
the
line
of
the
Pere
Marquette
Railway
run
from
Wellsboro, approximately 15 miles, in LaPorte County, Ind.
r7.v.;'
,,
; ,, ' .
over
>~V. 157,
,
9,624,454
$7,132,444
96,792
29,049
.
$1,459,340
458,212
$1,800,846
433,140
rents_
balance
Income
*The
&
20
Traffic
—V.
98,576
the
income
Gross
Int.,
20
March
on
Canadian Pacific
Week
Carolina
Net
Sept.
on
disbursed
preferred stock, par $100, payable
to holders of record Aug
25.,, Like
1942.
Arrearages as of Sept.
share.—V. 157, p. 2037.
per
rights
LaCrosse to
cumulative
1943—12 MOS.—1942
$9,451,213 $41,608,280 $39,844,858
4,359,667
18,747,679
18,438,099
1,226,993
4,924,728
5,042,924
4,473,968
___
revenue
accrued
funds
were
$36.87 y2
1943—3 Mos.—1942
_________
Uncollectible
Taxes
Canadian
amounts
6V2 %
quarter during
Boston Edison
Period End. June 30—
Operating revenues
Operating expenses
Depreciation
in
the
on
Monday, August 23, 1943
r
Canada Cement Co., Ltd.—Accumulated Dividend—
A dividend of $1.25 per share has been declared on
account (if accu¬
Total
-L-
366,326,399 232,829,781
:
Volume 158
.
,
Accounts
Accrued
insurance
;
.
(estimated)
reserves_----L^-i4r-™--y-
General operating
:
21,381,882
7,796,780
5,318,874
16,000,000
V 1,433,720
10,000,000
1,290,970
.3,334,033
Reserve for custodianship liability——
3,333,151
21,755,660
(par
$5),.—
21,755,660
25,958,106
JJCapital stock
Capital ■■ surplus.
Earned surplus
25.958,106
Conclusions
135,987,458; 129,976,806
r—
:.
366,326,399 232,829,781;
Total
"■Including special deposits of $18,819,207 at June 30, 1943, and of
$18,180,697 at Dec. 31, 1942, to be used exclusively on Government
contracts,
tIncluding billings for costs and fees on cost-plus-fixed-fee
.contracts, less reserves,of $125,829 at June 30, 1943.
JLess reserves
.of $11,567,201 at June 30, 1943.
Ilncluding estimated post-war refund
of Federal excess profits tax, less reserves of $468,672 at June 30, 1943.
•♦Lefcs reserves for depreciation, etc., of $51,337*442 at June 30, 1943,
and of $48,159,590 at Dec. 31, 1942.
ttLess, at Dec. 31, 1942, $4,v
200,000 of U. S. Treasury tax notes.
^Represented by 4,351,132 shares
(exclusive of 133,243 shares, of which 16,000 are reserved for purposes
of the Management Trust Plan, in treasury).—V. 157, p. 2446.
.
>
The
the
Co.;
the
Rawlins
railroad
The
of
business
'
incidental
economically
or
necessary
appropriate
or
local utility operations of Power & Light, and
/
Public
Ohio
Service
We
.
to
Cities Service Power & Light Co.—System To Be Dis¬
solved;—SEC
Orders Company to Limit Operations to
O; Ohio
Integrated Set-Up—Federal Light & Traction Co. Also
Affected—
Federal
With
the Mid-Continent
Regard to
and
Co.,
Commission
Exchange
by
retainable
.
V
.■
-
■
,
V
y
cease
to
Electric
Co.
with
respect to
The Tucson
and
retained.—V.
affecting
Electric Light
issues
tne
Gas,
158, p. 544."-,.:.
'■'"■•'.-i'.*.;"
y
indirect, not
herein to be
Deming
&
Power
y/,.y,:
v
Cincinnati Street Ry.—EarningsPeriod End. July 31—
Balance
to
Revenue
Properties
Light & Traction Co.—Federal's only
t
the
Commission
grated
for each holding company
indicated what additional utility
designated
system,
and
a
1943—Month-^1942
passengers
—V.
$63,149
surplus,
1943—7 Mos.—1942
$438,082
66,003,296
$62,421
8,113,102
9,619,915
158, p. 386.
y
$432,106
54,769,119
■
City Auto Stamping Co. (& Subs.)- -Earnings—
12 Months Ended Jun 30—
Profit
after
Provision
Net
all
1942
1943
and
$2,395,240
1,567,868
$845,982
548,539
y_—y.—$827,372
charges
for Federal
$297,443
$0.79
taxes—:
income
taxes————
profit
;
.
;
:
single inte¬
systems and
non-utility business might be retained.
The Commission also indicated possible alternative systems, should
either company desire a different choice, and gave the companies
the opportunity to apply to the Commission within 15 days for leave
to indicate a desire to be limited to one of the alternative systems
and retainable attendant operatives.
Extracts from the findings and opinion of the Commission follow:
The
holding-company system of Power & Light con¬
companies engaging in the business of holding .companies,
electric and gas utilities, utility service companies, transportation, real
sists
.
:
System—The
of
estate, gas transmission, irrigation, ice manufacturing and distribution,
production and distribution, and water service.
In addition,
steam
Power
&
Light and certain of its subsidiaries hold investments in
vnon-controlled utility and non-utility companies.
A consolidated bal¬
ance
sheet of the system for Dec. 31,
1940 shows total assets at
$418,581,352.
As of the same date Power & Light carried Investments
in and advances to subsidiary companies at $127,536,070.
; :
States
t
New
of
be
'
population
of these States and,
of
alone
rendered in
is
in addition,
communities
Approximately
1,500,000.
over
300
in the
600,000
A
with
-
•
of the system are geographically divided
following sectional groups:
group, which consists of utility and non-utility prop¬
erties in the State of Ohio;
'
1
'
(2) The Mid-Continent group,
which consists of utility and nonutility properties in the States Of Arkansas, Kansas, Missouri and
Oklahoma;
(3) .The Rocky Mountain group, which consists of utility and nonutility properties in the States of Arizona, Colorado, New Mexico and
Wyoming;
y
(b)
and
"Single" System—Power & Light has not Indicated which of
utility "systems it prefers as its single system. Alts failure to do
based on its desire, as stated, to be free to dispose of properties
without being a forced seller as to its major non-retainable holdings.
We give little weight to this contention.
Sale is only one of the
.
retain
may
,
the
on
basis
alternative
of
single
systems
before
mitting itself to a specified system.
Whether such an opinion
rendered is a matter completely within our discretion.
com¬
should
be
Where a record permits
the procedure, it is feasible to indicate
kept in connection with alternative single systems, as an
aid
in compliance with Section
11(b)(1).
We shall, therefore, in¬
dicate, so
ar as the record permits, which utility systems and nonutility businesses, may be retained in each of the three geographical
what may be
sections
-
issues
(Ohio,
in
this
Counsel
should
Mid-Continent
have
case
for
been
Public
the
accede
and
Rocky
Mountain)
limited.
Utilities
has
which
the
contended
the
at
properties
Sedgewick
division)
of
event
Public
the
Properties
Service).
Sheridan
and
'
Rawlins
The
of Stonewall Electric Co.,
the
principal
Federal
Light & Traction Co.
Olympic Public Service Co.
Spokane Gas and Fuel Co.
A East Tennessee Light & Power Co.
& Bethel Gas and
Light
system.
Elec-
New Mexico
Public
retainable.
with whether its operations
single system in any particular
geographical sections and if, therefore, compliance
may be aided by findings as to all three geographical sections, we
believe that they should be made.
;
,
AyyHowever, we do not believe that compliance with the Act or effective
procedure is promoted by issuing an order which does not, in terms,
require any divestment but, rather, permits the exercise of a leisurely
choice by the respondents.
Only by expressly ordering divestment
based upon a designated single system and fixing a reasonable time
should
one
of
be
We
lmiit for
are
limited
the
on
the
now
the
indication
effective order is
ditiously,
/
■
an
,
Limitation
not
of
a
of
of
a
issued
different
and
choice
that
can
compliance
we
be
will
that
assured
proceed
expe¬
.
the
Issues—Power &
Single system is designated in
sections, no question is raised
scattered
one
Light has indicated that if a
the three main geographical
of
to the retention of any
the record has been built
as
of
the
the
properties.
Further,
on
that properties in each section are to be treated separately.
evidence has been introduced which would permit us to make
theory
No
findings that properties in
one
group
may
be retained in connection
Fuel
Co.
Co.
City Light & Traction Co.
Doniphan County Light &
Co.
Empire
\
1
Power
St.
:
;
&
Co.
$7,284,191
450,000
450,000
common-
■
$7,282,869
share-—
*$1.82
$9,612,727
450,000
$9,034,503
450,000
$6,834,191
♦$1.71
$7,732,869
—
of
$9,162,727
*$2.29
$8,584,503
f$2.15
stock.
tOn 3,991,900 no par
stock.
common
months
ended
$11,408,491
June
to
equal
30,
1943,
$2.85
a
earnings for the common
share, as compared with
Corp.—Earnings-
Quarter End. June 30—
income
:
—
share
—
1942
{y 1941
$1,272,030 $1,344,095
1943
_$1,260,151
t$6.32
p.
668.
y
Colgate-Palmolive-Peet Co.
*$6.48
t$6.27
"■After expenses and Federal income taxes.
tOn the
of common stock,
ton 131,440 no par shares of common
178,048 shares
stock.—-V. 158,
'
-
(& Subs.)—Semi-Annual
Report—
(Excluding Subsidiaries and Branches Outside the Western Hemisphere)
of
Joseph
Railway,
Light,
Heat
—
Interstate
/ v'v,.../..-/;.!::.v..
Gas Co.
and that Cities Service Power & Light Co. shall cease to own,
or have
any interest, direct or indirect, in the following;
The
electric
The
bus
The hot
railroad properties
of Ohio Public
Service
operate,
Co.;
:
heating properties of The Toledo Edison Co.
or indirect, not
herein to be re¬
properties of Alliance Public Service Co.;
water
any other security, operation or interest, direct
found by the Commission in its findings and opinion
tainable by Cities Service Power & Light Co.
The Commission having determined that Federal
Co. should be limited in its operations to the single
U.
Light & Traction
integrated electric
utility system comprised of the electric utility properties of Albu¬
querque Gas and Electric Co., New Mexico Power Co., The Trinidad
Electric Transmission Railway and Gas Co., and The Las Vegas Light
and Power Co.; having determined that Section 11'(b)
(1) does not
permit the retention of any additional integrated public-utility system
together with such integrated system,'and having determined that
Federal Light & Traction Co, may retain, as reasonably incidental
"
expenses
profit
deductions
Miscellaneous
■
and
.
tion Co.
sales
Gross
(net)
income.. tax—
S.
U, S.
profits tak-L-—,v;
taxes
excess
1942
$67,543,750 $58,614,993
43,194,016
35,472,445
14,839,070
17,389,200
$9,510,664
643,891
1,755,000
*3,600,000
$5,753,348
787,275
1,770,000
595,000
525,000
360,000
profit ■'
--v. $2,986,773
Dividends paid on preferred stock
——/y
265,636
Dividends paid on common stock————490,728
Earnings per common share
—
$1.39
$2,241,073
265,636
' 490,728
$1.01
Foreign
:y
Net
Co.
Ry.
Tucson Rapid Transit Co.
Federal Realty. Co.
Eastern Colorado Power & IrrigaColorado
Power Co.
Of
♦After
Trans.
'—i--—■
sales
Operating
Colo.
Electric
1943
6 Months Ended June 30—
Net
Cost
Co.
Springfield Gas and Electric Co.
and
for
per
were
♦Net
Power Co.
Service
Green and Clear Lakes Co.
;
District Electric Co.
County Water, Light &
Storage Co.
Lawrence
Cold
————
Coca-Cola International
^
United Hydro Electric Co.
Stonewall Electric Co.
;
V
Colorado-Wyoming Gas Co.
East Boulder Ditch Co.
.'V:
Hillcre&t Ditch and Reservoir Co.
Transit Co., Inc.
Electric Building Co.
vi/A
.Benton County Utilities Corp. •
concerned
basis
three
Gas
Co.
; Stark
,
1940
$11,033,388 or $2.76 a share in the first half of 1942.—V. 158, p. 668.
Maumee Valley Transportation Co.
Gas Co.
Lakeshore
Coach Co.
A Tucson Gas, Elec. Lt. & Power Cq.
; In
the company
1941
$15,797,869 $14,371,191 $16,675,727 $12,210,503
8,065,000
7,08^,000 ' 7,063,000
3,176,000
taxes—
dividends—
the six
For
Albuquerque Gas and Electric Co.
Arvada Electric Co.
Cheyenne Lt. Fuel and Power Co.
Deming Ice and Electric Co.
Las Vegas Light & Power Co.
<
Co.
Gas
Community Traction
fact, counsel for
woul'd probably choose
to confine its operations either to the Ohio or Rocky Mountain sections.Counsel refused, nevertheless, to "foreclose" another choice
by the management on the ground that the possibility of advantageous
dispositions of the Ohio and Rocky Mountain properties might open
the
possibility
a
choice of the Mid-Continent companies.
Our
concern is that Power & Light shall limit itself
"as soon as prac¬
ticable" to a single integrated public-utility system and such addi¬
tional integrated utility stems and non-utility businesses as may be
that
shares
must be dis¬
system operated by the said companies, and having deter¬
Cities Service Power & Light Co. may retain, as reasonably
economically necessary or appropriate to the said system
the steam heating properties of The Toledo Edison Co.
It is ordered that Cities Service Power & Light Co. shall sever its
;f relationship with the companies named hereafter by disposing or
causing the disposition, in any appropriate manner not in contraven¬
tion of the applicable provisions of the said Act or the Rules and
Regulations promulgated thereunder, of its direct and indirect owner¬
ship, control, and holding of securities issued and properties owned,
controlled, or operated by the following companies:
(
'
Elec.
as
1942
:
or
Trinidad
has indicated
1943
y
♦On 4,000,000 no par shares of common
stock
mined that
trie
profit
A
Surplus
Commission,! having
incidental
income
Earnings
Co.
County
chosen
(& Subs.)—Earnings—
Earnings per common
Sheridan
be
Co.
Profit
Class
V integrated
.
in
earnings
Federal
W
adjoining other retain¬
;
;
s
y
v
Citizens
not
,
determined that Cities Service Power As
should be limited in its operations to those of the single
integrated electric utility system of The Toledo Edison Co., The Ohio
Public Service Co., and The Alliance Public Service Co., having deter¬
mined that Section 11 (b)
(1) does not permit the retention of any
additional integrated
public-utility system together with the single '".
Light
we
shares
now
$23,676,754 $20,661,064 $24,345,145 $18,217,406
Sell. gen. & adm. exp..,
7,677,270
6,084,508
7,451,224
5,662,060
Other deductions
(net).,
201,615
205,365
218,194
344,843
1'
"
'
urged that the assets and earnings of the companies in the Ohio
and Rocky Mountain sections are so much larger than those of thej
Mid-Continent
section that
a
system in the Mid-Continent section
Power & Ltaht
Gross
marized As Follows:
of
months
six
taxes
3 Mos. End. June 30—
y
The Order of the SEC Requiring Divestiture is* Sum¬
,
,1s
•will
first
321,920
of this year is estimated at $2.20 per share
of common stock after all charges, including
effect, and after setting up estimated reserves
for postwar rehabilitation, and for contingencies. This compares with
$1.38 per share reported for the first half of 1942.-—V. 157, 2346,
and Ovid,
*
Rawlins Electric
request
;
yy
or
companies
able system properties, may be retained.
Danbury
that
of
the Salida-Alamosa
Durham Public Service Co.
the
the
the
Federal
Coca-Cola
Knoxville
to
■ ■
as
for
on
;
utility and non-utility properties in the
operate
Power & Light for alternative
findings as to retainable properties in each of the three sections.
It
not
^
reports net sales for the first half of 1943 of $21,631,compared with $9,927,835 in the same half last year.
Subject to renegotiation under the War Profits Control Act, profit
462
Rocky Mountain Properties
(exclusive
division
posed of.
/.
1
The company
the
With;'Regard to Rocky Mountain Properties
without
or
either
In
h;A';;A'A.:'
.
Division
to
If
The electric properties of the Trinidad, New Mexico, Las Vegas
Albuquerque companies (with or without those of the Salida-
Alamosa
many means of, divestiture which may be used in compliance with
orders of disposition.
Power & Light desires also to know what it
(
subsidiaries
and with
The
.
.
Estimated Earnings for First Half of 1943—
properties
operates in a number of divisions in Colo¬
Cheyenne, Wyoming, is a direct subsidiary of Power &
other companies in this group areysnbsidiarieaittff Federal.A
Conclusions
Its
and
is
the
retained.
Net
,
so
may
be
We conclude, therefore, that if Power & Light limits itself to the
Rocky Mountain section, it may retain the following electric utility
properties:
(a) The electric properties of Public Service Co. of Colorado and
properties located in Connecticut, Michigan, North
Carolina, Tennessee, Virginia, and Washington.
At the time of hearing
the system controlled properties in New Brunswick, Canada.
y-yy-yC
•A The Standards of Section 11(b) (It are to be applied not only
to the system of Power & Light as a whole, but to also that of its
; Subsidiary ; Federal Light & Traction Co., itself a registered holding
company.
Certain minor properties in Arkansas were at the time
this
record was made controlled through Central Arkansas
Public
Service Corp., a subsidiary of Federal and a registered holding company.
These properties are no longer part of the Power & Light
system.
its
Co.
in
all
.,
"Scattered"
(4)
"
Wyoming,
and
Light;
,
renego-
with certain subsidiaries)
>,
The Ohio
for
-
F. Hopkins, on Aug. 13 announced that the company...
completed renegotiation proceedings with the Navy Price Adjust¬
ment Board as to the company's profits during the year 1942.
y
The directors have approved a settlement whereby there is a gross
relinquishment of $500,000 before Federal income and excess profits
taxes, and a net cost to the company, after taxes, of $95,000.
Colorado, New Mexico and Arizona.
The companies operating
in
this territory are
designated
as
the
"Rocky
Mountain"
group.
Public Service Co. of Colorado which
(together
rado
are
;
-•
has
|
of
States
.
'
allowance
any
"
(4) The ice business of the City Light and Traction company.
System companies
total
customers
1
event
no
Power
The
State
a
concerned.
company.
v
the
(1)
4
in
&
reflect
not
2446.
p.
President Ben
;;
,
;v
service
served with electricity.
In general, the properties
Into
•
(1)- is
and
Light
capital stock.
do
157,
Cleveland Graphite Bronze Co.—Renegotiation—
of the Doniphan
system comprising
the electric utility operations of the City Light and Traction, Empire
District, Lawrence County and Benton County corfipanies is chosen,
it will be necessary to dispose'of the following non-utility businesses:
y
(1) The water business of the Empire company;
^
(2) The water business of the Benton County company;
yy
(3) The water, ice and cold storage business of the Lawrence County
of Michigan.
,
'
(b)
retained
County
Mexico,
conducted in many
are
Electric
■
11
above figures
contracts—V.
$2.21
—
—
375,000 shares of
Note:—The
tiation of
;.We have found that, the steam business of the St. Joseph Co. may
be retained'with the electric utility operations of that company.
How¬
ever,
neither the electric nor steam business of that company may
Ohio, Colorado, Arkansas, Wyoming, Missouri,
Connecticut, Kansas, North Carolina, Oklahoma, Washington, Ten¬
nessee, Arizona and Virginia, and in Canada. ?; Gas utility operations
*
Section
,
the
♦On
share
per
the
The ejecfric utility operations of the system are conducted in the
,
.
to
♦Earnings
operations of the City Light & Tracion Co.,
Empire District Electric Co., Lawrence County Water, Light & Cold
Storage Co.; and Benton County Utilities Corp.
It is our view that
the acquisition of the Springfield electric and steam properties would
satisfy the standards of Section 10 (c) insofar as compliance with
,
r
itself
Ice and
Co. Is
.y.,..
.
limiting
operate
own,
indirect, in the following:
other security, operation or interest, direct or
the Commission in its findings (and opinion
by Federal Light & Trapttpn..Cor<
; ,
•,
Jurisdiction
of the
retained.
interest in the MidContinent territory is the Springfield Gas & Electric Co.
In view of its
major holdings in the Rocky Mountain area and the requirements
on
any
found
Aug. 17 ordered the
breaking up of the Cities Service Power & Light Co., major public
'Utility holding company for Cities Service Co. and controlling 47 com¬
; of Clause: (B) of Section 11 (b) (1) it will be necessary for Federal
panies with an aggregate stated value of assets of approximately
to dispose of the Springfield company.
That company forms part of
:$420,000,000,■.; ;. y.-:yy;."'A.;','Ay-y ^Av/AyAY''''
a larger group of properties operating together as an integrated sysThe Commission directed the company and its subsidiary holding
tern.
While we cannot decide at this point the outcome of an applicompany, Federal Light •& Traction Co., to limit their operations to
/ cation designed to bring the Springfield electric and steam properties
.those of a single integrated public utility system and to divest them¬ #into
joint "ownership • .with
the
remainder
of
the
main
system
selves of all other interests,\
yy.;
,y.'
.'Ayy'Ay-/.-'A A.A
in the Mid-Continent
section, we have noted that, in our opinion,
In the proceedings which were instituted by the Commission under
such an application would not conflict with the standards of Section
.the "death sentence" provision of the Public Utility Holding Company
10 (c) insofar as the integration problems, are involved.
Act of 1935 on March 4, 1940, neither Cities Service Power & Light
Cities Service Power & Light Co.—Should Power & Light desire
Co. nor Fede-al Light & Traction would designate which of its utility
to limit its operations to the Mid-Continent section, it may do so by
systems in would retain, and in default of a choice by the companies
.
1
■'
Traction Co. shall
&
\
Electric Co, adjacent to properties of
and The Tucson Gas, Electric Light
properties of New Mexico Power Co. (except¬
ing that portion necessary to supply generating facilities)
t'AyAAA':A:;,.,,
v.'v/;/■
area.
j
,
and Power Co.; the water
no
Conclusions
Federal. Light
have any interest, direct or
The properties of Stonewall
Sheridan County Electric Co.
any
not be
may
that
i.,'1'".
1
Co.;
or
findings at this time as to the application of
Section 2 (a) (29) (B) to the gas operations or concerning the reten¬
tion
in
combination
of the electric and gas utility
systems in the
maxe
Co.;
County ,Electric
Tucson Rapid Transit Co.;
Federal Realty-Co.
//.•
and
steam
electric,
Electric
Sheridan
operations of The Alliance Public Service Co. and the hot
heating system of The Toledo Edison Co., are not reasonably
(4)
and
Regard to the Ohio Properties
bus
water
.
Securities
With
economically necessary or appropriate, the properties Of Stonewall
Co. adjacent to such integrated system, and that portion of
water service properties of New Mexico Power Co.,
necessary to
supply generating facilities,
It is ordered
that Federal Light <te Traction Co.
shall sever its
relationships with the companies named hereafter by disposing or
causing the disposition, in any appropriate manner pot in contraven¬
tion of the applicable provisions of the said Act or the rules and
regulations promulgated thereunder, of its direct and indirect owner¬
ship, control, and holding of securities issued and properties owned,
controlled, or operated by the following companies;
Olympic Public Service Co.;;
.
Springfield Gas and Electric Co.;
heating operations of The Toledo Edison Co. are
reasonably incidental or economically necessary or appropriate to the
electric operations of the Ohio companies.
1
<y.'; A
conducted by Community Traction Co., Stark
(3) The businesses
^Transit, Inc., The Maumee Valley Transportation Co., the Lake Shore
Coach Co., The Electric Building Co. and the Toledo & Indiana Realty
.
The
the
bur conclusion with regard to the Ohio group of properties are that:
(1) The electric utility properties of The Toleda Edison Co., The
Ohio Public Service Co., and The Alliance Public Service Co. constitute
a
single "integrated public-utility system" within the meaning of
Section 2 (a) (29)
(A) of the Act.
(2)
.
■
or
.
5,500,000
——1———_,—1;
.
767
Electric
no, argument
;
33,749,873
tor loss on commitments-^——i-^ResCrve for post-war rehabilitation (plant and
/Reserve for contingencies—
'
;:
1,200,166
46,087,453
Government contracts—'—
•
100,985
885,778
41,341,277
10,652,433
taxes_i_,--w--—
and
S.
Reserves
general
,
U.
on
ttPederal & State taxes on income
62,098,908
57,069,809
188,292
subsidiaries---—
with
with properties in another.
No findings have been requested and
has been made as to such retention.
Thus, counsel for
the respondents have so limited the issues that we need make findings
yas
to the retention of non-utility businesses and additional
utility
..systems in any of the three geographical sections with respects only
to a single system in the same section.
'
1
(The Commission discussed the Ohio, Mid-Continent and Rocky Moun; tain
properties, setting forth in each case what properties lpay be
retained in addition to a single system in each of the three groups,
V and what non-utility businesses may be retained In connection with
permissible utility operations.)
Y'.'.V.; "
,
payrolls——
and
Accounts payable
Advances
.
" : v,:
Liabilities—
'
.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
in
post-war credit of $400,000.
Depreciation for the six months ended June 30 amounted to
1943 and $590,331 in 1942.
Note—Deferred
branches
in
profits
of
Western Hemisphere
subsidiaries and
foreign taxes.
When these profits
stated after deducting
are
remitted
are
$573,254
in
U.
S.
dollars, and thus become available for inclusion
consolidated profits, they will be
profits
of the
subject to U. S. income and excess
less a credit for .certain of the foreign taxes paid.
profits will be increased only to the extent of the excess
taxes,
Consolidated
deferred
;<■:/
.
profits remitted oyer the applicable U. S. taxes.
Consolidated Balance Sheet, June 30,
1943
$17,246,120; U. S. Treasury tax notes, $6,000,000;
securities, $1,725,045; notes and accounts receivable (less
for doubtful accounts, allowances, etc., $1,238,372), $11,274,-
Assets—Cash,
marketable
reserve
inventories, $24,779,263; prepaid expenses and deferred charges,
$1,123,538; investments and advances of subsidiaries and branches
063;
Western Hemisphere—not consolidated, $3,245,281; other
and
advances
(including
excess
profits tax post-war
$491,722).
$847,863; Palmolive Building
(less reserve for
depreciation of $2,569,475), $3,818,233; property, plant and equip¬
ment (less reserve for depreciation of $18,391,139), $18,525,826; good¬
will, patents, trademarks, etc., $1; total, $88,585,233.
outside
the
investments
credit
of
Liabilities—Bank
loans
of
foreign
subsidiaries,
$548,879;
accounts
payable, $3,121,395;
provision for current redemption of coupons,
$1,095,945; payrolls, commissions and other accruals, $1,644,922; proVision for taxes for current and prior years, $10,775,844; amounts
owing to subsidiaries outside the Western Hemsphere (not consoli¬
dated), $302,955; Palmolive Building 4% serial first mortgage notes,
deferred
liabilities\ and reserves, $10,305,505;
minority
foreign subsidiary (after elimination of goodwill), $1,600,stock (no par), $12,500,000; common stock (no
par), $24,999,625; treasury common stock (37,163 shares), Dr$464,537;
earned surplus, $20,204,211; total, $88,585,233.—V. 157, p. 1360.
$1,950,000;
interest in
489;
$4.25
a
preferred
768
THE COMMERCIAL & FINANCIAL
Colonial Utilities
12
Months
Ended
June
30—
revenues
1942
$418,883
187,752
39,824
______
35,222
Operations
Maintenance
Other
___
income
1
_
taxes
taxes
22,750
_
—
Other
operating
income
16,719
34,202
taxes
income—net
Retirement
Gross
4.918
4,258
Gross Income
•
$150,771 ;<
accruals..
reserve
62,650
27,187
2,000
2,000
240
240
,
income
Interest
on
long-term debt—,
payable to parent company_Y'**—Y:—
Open account payable to parent company—,*.
—
Note
Other
interest
charges
Other
income
yV
charges
—
Net
income
-Y Y'.Y'-
.
$57,999
of
trustees
.
Cost
of
sales
Selling,
administrative
Operating
Other
other
and
operating
and
".1943
•
other
10-year
1,538,227
Oper.
exps.
$2,101,666
$2,797,631
304,371
income
Federal
income
I)rl7,876
taxes
(est.)
—
30,
have
1942
paid for
the
been
announced
158,
Y/'
,-Y
noted
3(4 %
to
for
call
debentures
payment
are
outstanding
due
in
April
the
1,
1943
.
$94,130 Y r $91,217
$87,381
18,043
$69,155
$71,346
$69,339
2,545
Interest
33,597
tNet
1
profit
$1,502,365
paid
20,964
of deferred
Earnings
per
$2.80
Net
905 in
1943
depreciation,
and $1,508,707 in
income
$60,579
$61,117
17,500
17,500
dividends
17,236
26,812
26,812
$2.88
surplus—
Consolidated
Assets—Cash,
XJ.
S.
Govt,
Balance
June
U.
S.
Treasury
$300,000;
tax
marketable
Assets—Investments,
receivable,
$1,250;
$16,805
in
cumulative
$346,000;
notes,
(less
accrued
accounts,
157,
R.
Is
Chairman
Co..
of
There
been
have
called
for redemption as of Sept. 1, 1943, a total
mortgage 314% bonds due 1970 at 106% and
Payment will be made at the City Bank Farmers Trust Co.,
trustee, 22 William St., New York, N. Y.—V. 157, p. 2247,
$200,000
of
first
Commercial
Credit
directors have
stock,
Distributions
allowance to
offering
dealers of 65 cents
a
share.
income
credited
1943—6 Mos.—1942
dividends
$3,281,049
paid
$6,847,111
259,118
259,118
518,236
of
25
.YY
All
15
cents
5,524.419
5,524.299
$1.64
1,841,473
$1.76
$3.43
$4.18
v
of
stock
common
outstanding.—V.
157,
Old
Corp.—Weekly Output—
The
weekly kilowatt-hour output of electric energy of subsidiaries
this corporation, adjusted to show
general business conditions of
territory served for the week ended Aug. 12,
1943,
amounted
to
241,090,597 as compared with 209,009,653 for the corresponding week
increase of
an
32,080,944,
Consolidated Cigar
15.35%.—V.
or
158,
668.
p.
Fed,
income
•Earnings
taxes
$338,408
share-
per
the
$170,785
$0.76
shares of
250,000
$683,256
$0.08
$293,567
$1.54
stock.—V.
common
Net
158,"
p.
Nil
573.
1943
Net sales
Federal
and
1942
$9,367,783
_
profit before provision for income
profits taxes
and
$6,587,091r
ex¬
made
per
p.
158,
on
—V.
(And
157, p.
Its
income
for
The
proved
a
customers, less returns, allowances, etc.
Gales to foreign subsidiaries
of
sales,
Operating
Other
exclusive
administrative
income
income
Total
of
motion for
a
stockholders
;
.
the
for
254
depreciation
Federal
Provision
for
♦After
per
254^685
$5,508,985
4,877,196
3,991,808
561,906
533,701
v:
taxes
26,878
$1,692,630
._
♦1,170,000
620,000
170,000
50,000
$256,957
Net
$0.57
.
$0.54
_____
_
share
current
substantial
contracts
subject
to
and
assets
if
tion
now
cannot
(3)
The
any,
be
of
the
sub-contracts,
renegotiation
negotiation,
contracts
part
on
under
the
•
'' " Y'l'
Deatsville,
corporation
Kessler,
been
has
member
a
at
June
30,
1943
amounted
companies' sales
the selling prices
Federal
companies'
law.
net
was
of
The
income
cash.
ap¬
The
of
under
may
such
financial
be
re¬
posi¬
foretold.
renegotiation of selling prices under
has been completed.
A net refund
the
will
Chair,
reorganize the
;"T'
of
contracts
$133,000
or
has
sub¬
been
U.
143,399,247
150,541,443
27,624,537
15,131,577
8,302,480
s
acquired
whiskies.
1943
101,077,876
127,107,386
4,615,166 Y 1,967,525
—
in
S.
and
Revenue
debt
of
Act
1942
retirement
for
profits
excess
the
and
credit
of
for
war
reserve
$1.12
has
taxes
results
been
The vote
decision
of
cast,
was
taken
be
a
seek
the
block
to
129,074,911
869,859
889,875
Justice
the
merger
Null
Samuel
minority group
a
The
vote
was
authorized
the
for
from
its
par
capital
stock
4,430,915
18,404,044
79,942,350
Cr7,993,000
7,993,000
73,131,233
compensation
$5 each, and that 19,632,exclusive of $10,000,000
Oil
Co.
of
New
its
to
assets
of
the
2,317,297
surrendered
that
total
charge-offs
Jersey
and
concessions
up
made in July and August,
for
surrendered
stated
of
that
concessions
of
for
similar
the
period
of
1942,
the
Lieb
hand—
on
contracts
"is due principally
to
the reduction
134,401,817
70,635,892
to
use
on
54,240,738
23,840,966
20,000,000
Gov-
—
tax
series
80.00C.000
products in the first half of 1943
of
U.
S.
Government)—
108,756.282
51,433 681
——5,503,469
and
accounts
receivable
3,394:995
289,524,447
114,879,969
from
sub- '•
and
Total
J
;
26,483,479
5,683,457
14,129,488
—
3|467:549
3,960,363
18,937,949
held
for
24,424,763
disposal,
—
Y
.
.
.,
9,018,091
659,428
831,038
1,033,286
1,171,372
756,925,872 326,516,107
_______________
Liabilities—
payable,
trade
taxes
wages,
creditors
and
other
70,428,359
18,169,304
expenses
on
uncompleted
to
volunt.
U.
S.
price
Government
reductions
Provision
for
Federal
Provision
for
incentive
Other
of
result
a
income
Deposits
expended
2'536
>
for
mfg.
facilities
and
earned and
insurance
and
pre¬
14,840 520
8,9~5~J,440
reserves
post-war readjustments—,
interest in capital stock and
Class
A
stock
($1
Earned
surplus
739,823
1,158,702
par)
000
625 254
1,158 699
7,432 039
Dec.
31,
1931
Total
7,432,026
19,845,296
35,715,198
—
since
7'230
surplus
company
($1 par)
surplus
4 527 464
15,223,000
subsidiary
Capital
7,996,488
taken
for
Common stock
273
'704,347
1,651,442
1,973,296
;
guaranty
Minority
95,97~6~935
94,659,898
—
income)
Reserve
' 19,843,060
32,319,301
756,925,872 326,516,107
'Less
allowance
1942
in
175,139,379
(est.)
compensation
paration costs (less portion
into
94,444,949
of
renegotiation
taxes
liabilities
Deferred
of
as
and
income
482'258
10
305,838,696
—
Payable
26,398 535
-
contracts
and
$866,921
in
for depreciation
and
amortization
$19,835,894 in 1941.
fLess allowance for
1942
Standard
The
were
Oil
of
Co.
Venezuela
the
on
31
to
March
were
and
$843,644
in
1941.
JLcss
of
$27,716140
depreciation
of
reserve
of
$626,917.
31
made
with
with
about
43,866
barrels daily from Jan. 1, 1943, to July 26.
stockholders of Lago Petroleum Corp. at a special meeting held
Aug. 18 approved transfer of the company's assets and properties,
on
$2
Aug.
and
of
authorized
class
record
June
March
on
12
non-cumulative
holders
Aug. 21.
last, while
30,
30
and
June
dividend
a
"A"
of
stock,
A
like
in
1942
50
cents
per
$1,
par
amount
was
payments
payable
disbursed
of
$1
each
30.-
New Vice-President—
7,626,000
averaged
directors
share
Aug.
Total
barrels, compared with 15,075,700 in the similar period of 1942,
a
corresponding decreased sales revenue of $8,010,400, compared
$13,482,600."
.''V v Y Y,
Y.'''- 'Y, •
' Y
Y-""Y'
production
to
Y
1941
$
and
amortization)
on
said,
in 1943 and the resultant decrease in production.
oil and
$3.15
'
-
JMortgages and miscellaneous investments (less
reserve of $626,917)
;
company
Venezuela.
decrease," Mr.
7,430,304
$1.45
50-Cent Class A Dividend—
of $2,394,500 after the payment of United States
$2,312,900 applicable to Creole's dividend from the
Co.
25,717,512
2,317,294
7,430,321
latter.
$5,272,400. for
285,481
13,143,515
expenses—
Creole, told stockholders that the company
in the first six months of this year before
of
2,555,888
share
common
♦Manufacturing facilities
tAirport and other facilities
assets,
Standard
7,230,000
;
247,791
suppliers
Preparation costs for future production
Prepaid taxes, insurance and other
$7,300,000.
profit
of crude
The
of
the
of
net
"The
that
Lago
of $247,000
in sales volume
sales
Crl,4G2,162 Cr7,125,290
5,854,646
6,099,438
surtaxes
include
with
the
1,886,730
defray
—
contractors
sales
however,
consolidation.
27,000,000 shares,
to
write-offs
Oil
f /;
2,666.128
por¬
minority interest
Treasury notes,
Service
provide
to
President
about
Standard
to
Deposits and progress payments
make
to
Court
Supreme
After further abandonments are
taxes
incentive
TnvinfnHoo"-"-*-
$2,647,228, but are
loss contingencies.
Corp.—Merger Ratified—
would
1
_____
amounts approved
by Board of Directors
in
1932 and 1933—
—8,981,460
Post-war refund of excess
profits tax, estimated
7,993,000
Patents and license rights (less
allowance for
capital stock of Lago Oil & Transport Co., Ltd.
provide for liquidation of the Standard Oil Co.
wholly owned subsidiary of Creole Petroleum Corp.,
Lieb
a
and
Inventories
$3,603,572'
$1.46
temporary injunction requested by
a
estimated
be
income
at
1942
*"$4,403,747
—
income
receivable
net loss
was
normal
receivable:
Customers (principally
by
the terms
Lieb,
Fed.
banks
ernment
'
latter
the
newly
blend of straight
a
taxes
action
no
the
transfer
H.
a
Rubert J. Lindquist, Vice-President
and director of the
Reynolds
Co. and formerly chief auditor of
the Reconstruction Finance
Corporation, has been elected a Vice-President in
charges of finances
of
Curtis-Wright Corp.—V, 158, p. 289.
Metals
The
on
with
few
a
of the
exceptions,
transfer
to
Creole
Petroleum
Corp.
The
vote
in
Cushman's Sons,
Period—-
favor
Curtiss-Wright
Corp.—1942
and
Report—Shipments Total
Year—
W.
Vaughan, President, Aug. 16 released to the press preliminary
financial figures covering the
company's activities for 1942.
He stated
renegotiation of the company's
concluded
finally
with
the
approved
negotiation
annual
bv
local
Government
proceedings
war
renegotiation
have
contracts for
panel,
authorities
delayed
in
but
1942
have
Washington.
publication
of
the
been
not
have
Fed.
Securities
the
♦On
is
an
—28 Weeks Ended—
Exchange
for
whereupon the
statement
Commission .required
1°42
he
would
filed
not
become
a
later
public
than
the
before
28
$5.51
of
$2.70,
7%
unpaid
provision
weeks
$50,177
ended
first preferred
dividends.
for
Federal
July
17,
$333,724
.
1943,
$211 567
$17.94
stock,
income
compared with $384,668 for the corresponding
The
on
and
amounted
$11.37
which
excess
to
there
profits
$687,912
the
com-
Aug.
period of 1942.
as
V. 158,
re¬
Cutler-IIammer, Inc.—25-Cent Distribution—
company's
that
$102,610
shares
of
11, *42
'
J
taxes—
18,606
income
for
The
and
inc.
pfd. share—
accumulation
Net
taxes
per
charges
been
report.
pn-.,'S
1943,
—12 Weeks Ended—
July 17,'43 July 11,'42 July 17,'43 July
,
_
Net profit after
♦Earn,
G.
Inc.—Earnings-
■
was
3,985,783.5 shares while 999.9 shares voted against
it.
Virtually all the outstanding stock of the Lago company is owned
by Standard Oil Co. of New Jersey.—V. 158, p. 574.
"The
war
_:
Comparative Consolidated Balance Sheet, Dec. 31
'
1942
YV
.
in
Advances
said,
Venezuela.
given
extraordinary
that
made
which
effect
and
to
.
$
expenses—14,696,834
expenses—________
devel.
dividend—
Assets—•
•
Ky.—
acquired
of
$770,594,882, Increase of 106.5% Over Previous
proximately
$3,375,000,
of which
$821,000 represented
company has no bank loans or bonded indebtedness.
A
';'-V'
".Y
Inc.,
$243,588
1
post-war refund of $116,000.
Notes—(1)
war
$1,005,353
91,766
95,674
income-
on
.
common
be
its investment
$978,476
42,114
——
contingencies
Earnings
$5,254,300
and
dividend
Cash
1941
depreciation,
post-war readjustments)—. 627,195,635 222,541,922
income
A
>:
105,693,042
per
Y-
158,
an
terms
account
Mr.
$1,650,516
—
for
(2>
its
of
income
294,976
at
be increased
shares
had
1942
the
and
who
merger
Creole
would
1943
;
.
income
last year.—V.
10,
consolidation.
$0 62
expenses-
—
(net)
Provision
Net
general
income
Provision
Dec.
Y
for
prov.
i{-
Common
June
5,895,501 shares for the merger and 105,829 against it.
The 5,149,360
shares held by the Standard Oil Co. of New Jersey were voted in favor
had
$7,089,618
depreciation———
and
and
thinning
Calendar Years
1942
amortization
for
27.
5.
$6,000,000
that
on
and
$6,794,642
——————
Gelling,
10
further
y.\y-"
yyvV,
for
Accounts
pending
414,373
/yy
of
of
operate in
$269,305
Subsidiary Companies)
of
research
Earnings
the
Aug.
record
on
adjourned special meeting held Aug. 17, ap¬
merger of this company and the Lago Petroleum Corp., both
$399,048
30—
Federal
stockholders
to June 30.
June
(excl.
applicable
Accrued
Venezuela,
.
Gales to
Cost
this
Sidney
share—.
common
Petroleum
1,197,144
taxes—
taxes
Wholly-Owned Domestic
Total
March
on
share
per
1079.
of
668.
Ended
of
Aug.
Kessler
Rocking
refund
683,678
1,596,192
Continental-Diamond Fibre
Co.—Earnings—
Months
cents
sepa¬
770,594,882 373,083,365
for est.
Net
(& Subs.)—Earnings—
basis
a
Creole
it
6
stock
on
Mr.
provision
addition,
share
common
'''iv.-*'"'
Products,
New-York,
for
post-war
C.
Earnings
per
$0.98
State
after provision
—V.
made
/•••; .' V~;'V:
•;
Boston
In
cess
for
of
Co.,
♦Provision
of
Subs.)—Earnings—
6 Months Ended June 30—
profit
45
to holders of
10
made
were
was
profit after charges and
Earnings
The
Consolidated Retail Stores, Inc. (&
Provision
share
capital
of
after charges
'.
Accounts
Co.
&
of which
1943—6 Mos.—1942
for
■
Special cash deposits restricted
"
announced
Mr.
effective
1943—3 Mos.—1942
''
-
_____
Provision
,
understanding
Corp.—Earnings
Period End. June 30—
Net profit
each
Distillers
Crane Co.
after
Southern
&
'
sales
Portion
Y:".
and distribute the greater part of its stock of aging whiskies
as tax-paid case goods.
Contracts have been negotiated with American
Distilling Co.
of Pekin,
111., and Ben-Burk, Inc.,
of Indiana,
to
package and deliver the Country Distillers inventory, under the label
of
1942,
&
Foster
a
Net
•
12 Months Ended June 30—
shares
Commonwealth
payable Sept.
cents
per
<'.>0/•.'
the
of
Foster
518,236
2,762,209
1807.
Net
■
.
dividend of
a
$8,216,793
2,762,209
——
share
per
$3,502,359
the
of
use
a
operation."
of
158,
on
on
stock
the
♦On
.
equipment.—V.
in
put
Fighting Fronts
on
readjustments
Coolidge & Co.,
Ha'rris-Seybold-Potter
484.
on
paid
dividends
•Earnings
&
-\Y
^
He
ment
of
stock
common
preferred
1943—12 Mos.—1942
to
earned surplus
in
McDonald,
directors.
company
Comparative Consolidated Summary of Operations
Period End. June 30—
p.
of
of
last, and in each quarter during 1942.
p.
The
completed.
was
Curtiss-Wright Products
Prov. for Federal excess
profits taxes
Post-war refund of excess
.profits tax (est.)
Provision for post-war
15,
In addition, an extra disburse¬
with
♦On
board
the
Committee
declared
$1,
par
of
concern,
an
"notwithstanding
tion of funds provided
by customers to
cost of plant facilities
Cornell-Dubilier Electric Corp.—45-Cent Dividend—
The
Acquired—
Cash
to
full
make
to
and
deductions
Class
Co.—Special
Offering—Kidder,
Peabody & Co. on Aug. 17 made a special offering of
7,400 shares of common stock (par $10) at 39^2 a share,*
:
the Executive
elected
bankers, Cleveland, and President of
manufacturers of printing-press
Country
Cash
been
.y;; yy
common
Net
has
Cleveland,
574.
p.
reserve
interest.
equipped
accomplish this
_______
in
Columbus & Southern Ohio Electric Co.—Bonds Called
of
Mitchell
Verne
investment
$1,139,168;
(1942), $942,372; reserve for Federal taxes, 1943 (est.),
for taxes and other contingencies, $631,844; minority
subsidiary companies, $1,188,105; capital stock (537,406 no
par
shares),
$21,849,354; capital
surplus,
$16,242;
earned surplus,
$8,523,221; total, $35,129,806.—V. 157, p. 1940.
'
$839,500;
that
order
To
Extraordinary income representing earned
2446.
p.
post-war
a
might make if desir¬
war
in
Provision
$2,618,108.—V.
year,
gained
and
.'/*>:
Other
$100),
Copperweld Steel Co.—New Director—
taxes
interest
the
income
Prov.
excess profits tax credit (est.),
$76,000; fixed assets (less reserves
depreciation, depletion and amortization of $28,228,862), $19,781,508;
patents,
goodwill, etc., $1; deferred charges, $403,371; total,
$35,129,806.
and
of
sales
—
of
A"r.
war
payable
end
of
surplus,
total,
as
been.,devpt5ng. ,jnuch. ,time= .to,,the
Provision for deprec. and amortization
(excl. of
amortization)
$165,313;
1940,
outstanding
the war.
He said, that, as a result of the wide
through such intensive use of Curtiss-Wright pro¬
greatly improved types are now in service.
theatres
new
Engineering,
mon
for
Liabilities—Accounts
stated
Record of
all
accounts
(par
the
of
Total income
participating preferred stock
of
(
part
6(4% cumulative preferred stock (par $100), $235,700; com¬
stock (par $5), $1,047,350; funded debt,
$927,400; account pay¬
able, $1,154; accrued interest, $12,752; accrued taxes, $12,990; accrued
dividends, $6,884; employees' benefit fund reserve, $4,882; capital sur¬
plus, $36,783; surplus reserved for general contingencies, $5,000; earned
other
$150,460
reserve), $694,694; accounts receivable (less $27,277 reserve), $1,738,845;
raw materials,
in process, finished products and supplies, $2,263,707;
construction materials and supplies, $598,774; investments, $3,661,877;
notes, accounts receivable, etc. (less $38,089 reserve), $129,359; post¬
Federal
the
organized,
profit on sales
Administrative and general
♦$6,209
$291,728;
at
volume
our
been
Vaughan
Other
banks,
Planning
Gross
Sheet, June 30, 1943
$2,325,130; cash
$2,618,108.
1
those
times
be
will
i:
$770,594,882; 1941, $373,033,'
Y
'
•• Y
•
:
-
of
Cost
total,
Liabilities—7%
securities
has
Profit
Balance
1943
30,
$16,267
six
1942,
y;y.vy'yy- ,y
$161,900;
$5,135,670;
obligations,
Sheet,
;'Y
$27,584
3i,
almost
Y Y Comparative Consolidated Income Statement
"•Deficit.
depletion and amortization of $1,695,-
division
ducts
26,812
for
these
pub¬
Y ':\Y,Y
1942,. were more than double
report
Mr. Vaughan
pointed out in releasing the figures covering the com¬
pany's activities for 1942, that the combat record of Curtiss
airplanes,
Wright engines and Curtiss Electric
Propellers has been
17,500
preferred
When
''Y''-
\
manufacturing facilities.
$38,103
11,583
Y
conditions
amortization and
$56,403
dividends
Balance
1942.
that
supplement
Y-
<
~~8~221
preferred
♦Computed at rates prescribed by the 1942 Revenue Act.
tAfter deducting
,<■
to
Sales
8~221
7%
1,074,812
share
common
■
~
8,221
exp.
and
.
annual
that the
based
available
our organization
during the period of expansion of 1942 over
officers and personnel—through their coordinated efforts—have
operated in a most-efficient manner and
accomplished the desired re¬
sults in spite of the
many obstacles which had to bo overcome."
Y
$1,546,157
1,074,812
mind
$46,325
12,752
earnings
year
is
1941,
$67,289
19,871
,Y ?'
the
experience
6%
Dividends
in
able
1940
24,975
and taxes—
detailed
a
],'•
;
stated, "In the early
established., and has
was
company-owned
in
1941; •;
previous
$138,720,151.
of
Mr.
1942
Y
decided
-
as
proceedings.
possible manufacture "of" articles which will cause no
serious duplication of effort in our
organization and with the thought
out
In
concluded,
• -.
;was
information
renegotiation
the following figures:
Vaughan
stqdy
rate
$35,000,000.
such
the
,
Vy-Y
of
•circumstances, ••It
public
of
Post-War
1, 1943, $20,1946, at 100 V2 and
amount
1940,
committee
f
Oct.
on
the
■
Net
1,200,000
—
Minority interest in earnings
of
Mr.
'
668.
p.
finally
' ' ;)■:
indicated by
that
.
the
make
status
Shipments for the year ended Dec.
those
1942.—
year
$2,779,754
*'839,500
—
$2,406,037
64,172
—
June
taxes
been
with
5,416,810
Amort,
Total
18
income
1,312,578
ended
of
$20,000,000 of Debentures—
have
bonds
Total
expenses—
charges)
Aug.
on
6 Mos. End. June 30—
$9,752,668
6,590,412
1
(less
1942
$10,004,656
expenses—
general
profit
income
•
months
portion
Continental Telephone Co.—Earnings—
'
—
six
-
"Under
should
present
lished." Y
the terms of the indenture the
City Bank Farmers
Co., New York, N. Y., will call the bonds by lot.—V. 158, p. 668.
Trust
(& Subs.)—Earnings-
—
have
y-
These
Comparative Consolidated Income Account for 6 Months Ended June 30
sales
state¬
364;
33.6%.—V.
accordance
Net
the
interest.
J,-':;."'
Columbian Carbon Co.
for
To Redeem
The
$57,638
:
operating
the
.on
of electricity
amounted
to
193,700,000 kwh., compared
145,000,000 kwh, for the corresponding week of last
year, an
increase
219
—
157, p. 2246.
The
Vaughan.
company
aS
ended
applicable
company
000,000 of
—V.
$608,006,
$741,006
distribution
with
440
Y:',;V 53
subs.
from
1942
System output* of elec¬
tricity (electricity generated and purchased) for the week ended
Aug.
15, 1943, amounting to 199,500,000
kwh.,. compared with 161,800,000
kwh. for the corresponding week of
1942, an increase of 23.3%.
Local
i371
218
574
Minority int.—New Jersey & Connecticut
the
to
report to
for
Consolidated Edison Co. of New York,
Inc.—Output—
$83,094
27,038
.
months
operations
p. 2039.
The
$149:905
61,811
$88,122
•
six
from
annual
Monday, August 23, 1943
Mr.
June 30, 1942 has been
adjusted by
applicable portion of the afore-mentioned item.
Federal
income
on
157,
1942
representing price reductions of
taxes
of
$567,000.
This net refund
Federal
income
the
the
adjusted
$144,987
$146;513
for
government
related
net
in
the estimated
V.
Utility
the
reported
ment
Federal
less
reduces
34,380
.
the
to
$700,000
1)43
—_
$450,619
207,152
Operating
Federal
made
Corp. (& Subs.)- -Earnings-
CHRONICLE
15,
record,", saiqf
on
directors
the
and the
on
ccmmon
There will
be
no
Aug.
stock,
16
transfer, books
declared
a
dividend of 25 cents
per share
15 to holders of record Sent
4
Wisconsin PHviWo ntvM4ll(j j,,'
payable Sept.
deduction
will
for, the
not be
closed.; Similar distributions
were
Volume
made
March
on
THE COMMERCIAL & FINANCIAL
Number 4205
158
and
15
June
15,
last.
June
15
follojvsL
March
and Dec.
16,
cents;
35
last.
Payments in >1942 were as
and Sept. 15^ 25 cents each;
15, a year-end of 40 cents.—V.
158, p. 574.
In
CHRONICLE
1942, the following dividends were paid: March 14,
13, Sept. 14 and Dec. 14, $1 each.—V. 158, p. 485. '
and June
$1.25;
769
State
•
income
$6,141;
v
taxes,
$35,995; accrued taxes other than income taxes,
convertible preferred stock (par
$20), $330,(par $1), $460,520; paid-in surplus (after charging
deficits aggregating $822,976 and dividends on preferred
$1.50
cumulative
500; common stock
•
Dwight Manufacturing Co.—Stock Offered—A bank¬
ing group headed by Hemphill, Noyes & Co. offered
Aug. 17 at $16.75 per share, 83,514 shares of capital stock
(par $12.50). The shares included in the offering have
been acquired by the underwriters from J. P. Morgan
Darby Petroleum Corp.—Earnings—
.
6
Months
Number
of
Ended
net
June
barrels
1943
30—
oil
crude
of
,
'
.
produced
Aver,
value per barrel
803,320
967,473
Gas
102,945
$1.61
$1,122,184
1,672
.23,161
$1,502,113
in
increase
$1,147,017
$1,394,483.
t
inventory of crude'oil
sales
$1.06
$1.16 1 '
prod.
Crude oil sales
4,684
'v\
_
'
.
1.210,160
market
1941
1942
'
,
$855,187
19,259
$876,459
dually.
for Federal
Other
and
475,850
paid
Depletion
1,663
12,145
$748,801
$626,594
166,372
———
——
Depreciation
$614,449
$1,027,856
3,511
income
Interest
$747,138
155,658
102,651
83,035
115,551
l
Undeveloped
12,936
leasehold
abandoned
Net
dry holes,
247,502
etc..
profit t
Per share
157,
Jackson
Spencer
Trask
1,1
$0.91
$0.95
outstanding.:
share
i
$379,783
Note—Provision
of
all
six
dance
months
with
including Federal income and excess profits taxes.
for
estimated
ended
the
1942
income
and
June
30, 1943, amounted
law).—V. 158, p. 189.
tax
profits
excess
taxes
for
The
total
corporation
of
The
at
has
for
redemption
International
Trust.
of
as
of general and refunding
1, 1950, at 101 and interest.
due July
\\
(And
•
its
subsidiary,
The
6 Months Ended June 30—
the
1942
1941
$2,392,800
$2,226,597
1,782,660
1,788,265
1,691,335
salt
admin,
gen. &
Selling,
Operating income
Miscell.
Other
Gains
from
—
(net)
of
sale
$439,058'
&
assets
;
Total
—
$469,104
90
71,785
50.433
Depreciation
130,831
Undeveloped leasehold
Burrend.
Federal
leases
&
taxes
.
rents
19,579
22,750
64,038
81
-tV?-'
Consolidated Balance
for
reserve
$594,048;
fixed
banks
and
doubtful
$95,881
Sheet, .Tunc 30,
of
assets'(less
$22,974),
for
reserves
Liabilities—Accounts payable,
&
accounts
depletion
taxes,
cumulative
of
expenses
receivable
depreciation
and
Other
of
Total
■
'
r
,
.
'
->
'
,
'
-
„
••
12 Months Ended
and
tax
Excess
profits
surtax—
tax
—_
!_•.
—a_
a—-a—
.
2,830,000
—
-
Balance, income from utility operations..
miscellaneous
4,710,000
$13,339,898 $14,618,451
income
73,962
182.469
Gross
corporate
Interest
on
Interest
charged
income
funded
Amortization
debt
debt
discount
4,860,227
and
-V.
$9,590,631
484.
p.
Notes
after all
profit
Shares of
Earnings
last
July
1942
tax
charges
'
share
The
tax
——
allowance
$410,600,
has
for
$0.98
half
first
(2)
the
effect,
if any,
Control
has
the
upon
Act,
beep
allowances
determination
No
Profits
Tax
which
been
made
company's
provides
Domestic Industries, Inc.
either for
financial
for
1942
or
position
renegotiation
1943
of
the
certain
of
as
Tool
&
announced
Cutter
that
with
the
Siewek
Tool
Co.
at
Tool
and
the
Division.
Chicago,
:
Years Ended Dec. 31—
40.462
C?'241
Earnings
per
common
share—
$674,488
$4.43
$7.07
——
"After
profits
charges, provision of $782,561 for Federal income and excess
taxes after deduction of $69,800 post-war refund, and an ad¬
justment of $1,100,000 representing
on
a
renegotiation of war contracts.—V.
refund
156,
p.
to the
2222.
U.
S.
Government
>_•'»
;
(E.,I.) du Pont de Nemours & Co.—$1 Dividend—
j,
The
the
Aug.
directors
23.
on.
stock,
Aug.
16
declared
a
dividend
of
$1
per
share^on
$20,^ payable Sept. 14., to holders of record
Similar distributions were made on March 13 and'June 14,
common
par
:
75,000
150,000
289,640
2,000,414
'
419,235
2,000,448
2,435,486
1,613,804
1938
1,281,939
$8,845,752 $10,167,808
——
485.
1
of
made
1943,
$1.50
15
in
share
per
the
on
Sept.
6%
of
each
amounted
the
19
declared
been
first
preceding
quarters.
share.—V.
per
on
Arrearages
670.
158,
564,000
421,365
the
For
117,000
week
Aug.
of
12,
the
1943,
inputs
System
1942
were
2,229,639
&
——Thousands of Kilowatt-Hours
$575,750
$509,417
$397,257
480,000
American
11,000
360,000
Electric
Power
1943
Power
The
&
Power
above
&
Light
cp
Pet.
Amount
Co.
189,962
159,541
30,421
19.1
Light Corp.
&
Light Co.
113,312
91,773
21,539
23.5'
89,990
10,286
do
100,276
System
158, p.
figures
include
*
the
panies not appearing in both periods.—V.
not
Edison Brothers Stores, Inc.
—_—$1,574,839
6 Mos. Ended June 30—
3,263,55 0
—
inputs
of
11.4
any
com¬
670.
Net
sales
Net
profit before Federal
3,507,289
$2,587,212 res.).——
(& Subs.)—Earnings—
1943
1,008,974
1,514,671
:
Provision
—
1942
1941
'
$20,828,786 $21,672,237 $16,077,385
—
1,410,000
585,000
$506,918
$665,577
75,000
153,912
75,000
230,869
230,869
$201,049
$397,208
$1.09
taxes
1,500,000
$265,692
Federal
2,006,918
$494,604
for
1,904,604
taxes
$1.12
1,250,577
109,656
—
-
1942
1943
hand
...
client
Light
Oper. Subs, of—
1,203,300
32,934
(less
of
Ebasco
Services, Inc., which are subsidiaries
Co., Electric Power & Light Corp., and
Light Co., as compared with the corresponding week
as follows:
Power
•—.Tupepd
37,454
:
;.,r
Inc.—Weekly Output—
ended
companies
American
during
596,000
May 29,
of
May
on
p.
7,538
Sheet
account
preferred stock, series A,
1.
A similar distribution
of record Sept.
$46.50
to
has
cumulative
holders
to
Cr368
360,000
to
banks
i
—
Net
171,700
profit
dividends
dividends
Common
$11,150,680
„
—
—
paid
paid
—
Total
639,528
—
.
surplus
share—
common
Sheet
Items
(Company
assets
U.
$11,150,680
:
to
receive
non-interest-bearing, non-negotiable
post-war refund of excess profits tax
158,
p.
as
U.
S.
574.
Oil
37,500
Total
Cost
oper.
of
1942
$530,034
sales
1941
v
1940
$800,070
182,227
337,695
527,171
$205,085
97,419
income
$192,340
$272,899
100,195
112,775
Net
Other
operating
income
profit-
2,422
464,937
$107,666 >
$92,145
16,507.
7,645
-
■
,
-
Prov.
for
income
$124,173
$99,790
71,152
55,886
17,674
15,250
profit
$35,347
12,517
receivable
;
(less
inventories,
lives
banks
reserve
$46,929;
shares
shares
(par
60,000
384,781
:
.
30,000
384,781
»
226,497
for
contingencies has been increased by $111,864,
amount of post-war refund of excess profits tax
is
estimated
1943.—V.
158,
p.
289.
on
hand, $284,281;
"$47,879
Federal
Other
$439,602
168;640
doubtful
surrender
receivables
value
of
of
Net
'
•
•
••
and
$16,163),
insurance
Other
of
23,745
&
$4,227,063
1,601,833
248,722
428,489
*629,664
425,179
36,619
36,628
37,192
"73,630
35,124
revenues—
$69,176
$67,538
(net loss)
464
4,254
$866,584
20,084
$893,177
45,281
$68,712
$63,285
$846,499
21,667
21,913
261,709
$847,897
266,807
$47,045
oper.
income
Balance
$4,952,146
1,777,801
302,694
439,314
"1,129,859
435,894
96,269
$41,372
—
$584,790
67,501
$581,090
67,501
to El Paso Electric Co. (Del.)
$517,289
$513,588
,
income
Interest
1943—12 Mos.—1942.
$372,529
135,863
31,705
revenues
taxes—
taxes
14,349
.
•
notes
(Texas)—Earnings1943—Month—1942
Depreciation
109,044
.....
Sheet, June 30, 1943
and
for
cash
60,000
384,781
$50)
$2)
(par
reserve
Maintenance
1,095
104,651
19,500
$45,460
13,941
13,435
'
Balance
in
preferred
Operating
$62,260
1,903
-
$22,751
"Loss.'
Assets—Cash
3,652,102
:
El Paso Electric Co.
$171,514
5,903
taxes
dividends
140,008
4,016,760
148,388
360,000
Period End. June 30—
'
Net
1,638,156
166,371
4,451,333
Operation
before int.,
depletf., depr., etc.Interest charges ■_
Depletion, deprec., etc—
5,527,835
4,153,341
148,388
surplus
which
Net profit
•
9,631,273
losses
surplus
insurance
Note—The
$59,838
11,390
2,927,730
$188,450
128,613
$160,124
2,595,625
116,000
7,258,663
for contingencies
Common
$653,386
$7,926,325
2,244,579
196,614
.—
—
for
5%
1943
$12,254,423
3,775,724
assets
current
liabilities
Capital
$387,312
1941
9,806,822
—
Reserve
income
30
3,072,301
Reserve
Co.—Earnings—
$1.63
June
1942
1,128,395
5,599,725
securities
Govt,
S.
'Total
Gov¬
(estimated).
.
6 Mos. End. June 30—
Gross
Subs.),
$12,701,621
—
Cash
1,895,598
bonds
and
1943
3,000,000
—
to
per
Balance
1,300,000
——
,
—
Earnings
228,718
3,086,836
~w
contingencies, etc
Balance
$1,000,000
—
_
1941
«-•
"$404,381
•
15,
of
100,000
Cr71
stock
Eason
:
1942
-
profits after all charges
.
2,437,764
Ebasco Services,
be
Driver-Harris Co.—Earnings—
Net
.
76,400
Oper. and gen. expenses
Progressive
;
10,474
....
837
surplus
Preferred
1
payable
for
(Del.)—New Divisions—
140,022
875,000
...
surplus
Earned
Gov¬
Co.,' subsidiaries,
Siewek
branches
$1,827,828
23,567
600,000
Total
—V.
to
will henceforth operate under the
In addition, Siewek Engineering Co.,
Detroit and Hartford (Conn.V, will operate
as the
Siewek Engineering Division.
The Siewek Tool Division's plant
is located at Ferndale, Mich.—V. 157, p. 2147.
Of
name
'
—I
debt
surplus since Dec. 31,
dividend
A
307,290
157, p. 2040.
Somerville, Mass., which was recently acquired, will hereafter
operated as the Service Caster & Trust Division.
also
7,221,121
630,578
229,228
1,533,550
—
contingencies..
stock (par $20)
stock
(par $10)
3
p.
802,889
1,469,900
preferred
158,
$375,011
>
150,927
Eastern Massachusetts Street Ry.—Accrued Dividend—
$9,356,241
surplus
"Right
War
and
is
—V.
29,1943
$3,824,611
307,524
69,095
Total—
May
30,1942
liabilities
ernment
The Service Caster & Truck Co., manufacturers of industrial casters,
trucks, lift trucks and portable elevators, with plants at Albion, Mich.,
It
Nov.
'
payable-a-a—————————————\
Gross
•
Common
for
sub-contracts.—V.
ernment contracts and
,
$0.81
reported
adjusted to $427,200 to conform to
both periods are calculated on the
assumption that profits before taxes for the full year v/ould be exactly
double the profits for the half year.
;v''\
at
laws.
5,718,613
$356,684
Inventories
295,317
-
1942,
of
175,408
5,236,932
for
Capital
$238,570
295,317
—
the
19,882
40,838
taxes..;
National Power &
for inventories,
Capital
Earned
1942
$289,047
:
—
stock outstanding——-
common
per
Notes—(1)
1943
115,637
19,075
liabilities—
long-term
prior
1,000
6 Mos. End.
—————
payable
Capital
Net
5%
2,000
—
Accrued
Dewey & Alniy Chemical Co. (& Subs.)—Earnings—r
;.: 'V ;
470,000
—
pulpwood)
Liabilities—
Reserve
6 Months Ended June 30—
30
1942
reserves
Preferred
Total
374,115
expense
income
158,
Year End.
.
Accounts
Net
Other
Reserve
Earned
600,000
Property, plant and equipment
Deferred charges
090,846
...
reserves).
(except
income
1,000
Treasury tax notes
Trade accounts: receivable......^———i-—,.———
Inventories —c—..
4.927,020
CrlJ.6,102
$8,669,735
of
construction
(less
accrued
1,000
$13,413,861 $14,800,920
.J.
unfunded
and
to
June
$548,698
payable
operating
assets
Sheet,
....
—
10,114
U. S.
"Miscellaneous
*
Pate,
$1,838,303
•
Other
&
10,300
on
notes—.
mortgage 5% bonds...
Five-year 4% notes
14,600
,
and
Balance
First
$3,d48,179
Balance
4,455,000
10,540,000
•
1,000
.
Cash in banks
Consolidated
1943
Operating
$2,488,327
_
'5® Assets—
$1.38
$8,845,752 $10,167,808
1,000
379,194
tax.
1942
$83,781,390 $74,939,369
57,071,492
51,155,918
$292,765
$1.20
877,143
Other
$401,520
,
$249,664
$0.74
.
on
Federal
730
profit
paid
share
net
1,201,353
2,000
$491,058
—
tax
368,000
Liabilities—
V, 24,681
surtax.
state
tax..
1,041,074
National
Net
,f\.
Divs.
1943
July 31—
'
earnings from utility operations—
Operating and maintenance charges
Normal
■:
Alabama
5,714
125,000
Total
plant
profits
62,540
19,285
162,000
dep. with trustee for first mtge. bonds
Miscellaneous investments
(less reserve)
Plant, property and timberlands (less reserve)
num¬
106,925
&
57,212
16,942
104,000
876,104
Cash
$2,463,645
losses, net—
deductions
37,003
(net)!
surtax—
1,123,765
2,000
Van Hooser & Co.—
29,1941
expansion
etc.,
debt
and
Pulpwood and logging operations—.—852,650
Prepaid items and deferred charges
117,052
25.274
...
to
exps.
$155,034
Inventories
•
incident
277,141
$486,019
common
Treasury
1,000
1
debt
339,007
$856,161
profits
the
Receivables
for
Exps.
Bad
3,581,120
$579,336
S.
Inc..
Smith
Nov.
inventories,
contingencies, etc
.
(& Subs.)—Earnings—
Gross
U.
$465,783
-
__
1941
$4,344,280
4,217,482
307,796
tax
accumulations
oper
income
general
1942
$5,412,650
operations—$312,979
deductions
per
Boyce
&
Year End.
231,993
from
excess
.
profit
1943
Cash
admin.
income
Fed.
Detroit Edison Co.
excess
$4,421,380
3,800,605
profit
Accounts
$6,578,632 $10,948,794 $19,454,730
5,880,855
6,105,953
14,999,540
sold—
and
Comparative
dis¬
Interest
par
I
and
Assets—
Income
Nov.
„.
shares), $2,076,192; certificates of deposit out¬
standing, $168; capital surplus, $350,099; earned surplus, $735,359;
total, $4,627,761.—V. 158, p. 85.
no
$729,456;
income
profit for the year exceeds $400,000 before deduct¬
ing interest on long-term debt, the company will be obliged to deposit
funds equal to 25%
of the net profit, less an amount equal to pre¬
ferred dividends, for the partial retirement of prior
preferred stock.
Robinson-Humphrey
J. D.
Year End.
——-
normal
stock,
include
(& Subs.)—Earnings—
long-term
Note—If
2,500
& Co.,
Bros.
Co.—
-Co.
4,000
less
and
Fed.
(263,142
Net
3,000
Furman
Inc.
3,500
goods
genl.,
common
stock
Weeks
inventories,
income tax contingencies,
preferred
Co.
McAlister,
Co.
counts, etc.
Cost
Miscell.
dividend
—
30,1940
laneous
$4
&
sales,
Prov.
$81,420;
Beane
.
Gross
$277,996;
abandonments,
Pierce,
J
dividends declared, $188,498;
accrued payrolls, commissions, taxes, etc., $88,279; provision for Social
Security, Victory tax, etc.. $14,051; provision for- 1943 income taxes
(less U. S. Govt, tax certificates of $103,007), $55,181; deferred liabil¬
ities, $27,796; minority interest (The Derby Oil Co J, $3,264; miscel¬
reserves,
5,000
Frost, Read & Co., Inc.—
Henry Herrman & Co._
Kalman
.
$4,254,914), $2,607,581; deferred charges, $20,911; total, $4,627,761.
•
Stein
&
Walker & Co
■
$173,582
on
Earnings
was
$283,970;
not
73,524
$116,281
389.
from
excess
1841
1943
$1,121,251;
hand,
on
accounts
5,000
G.
Statement of
130
$201,763
&
Alester
The
.
shipping
profit
normal
3,500
Parrish
Reynolds & Co.—
Profit
Assets—Cash in
(less
corporation
the
and
A. M. Law & Co._—
4,000
——.I
149
underwriters
5,000
G. H.
35,000
163,453
several
5,000
Sell.,
Net income accrued to
&
the
5,000
19,960
105,000
Applicable to minority interest
6,
5,000
Space
535
30,000
non-prod, devel.
i
.La——
Feb.
at
23,014
Inc._
Arnold,
133,827
—I——
^
do
expenses
$189,805
*
by them respectively are as follows;
—
54,527
133,983
of
$417,561
96
—
$118,570
———
Federal
Legislature for the purpose of
engaged continuously
in that
original plant was at Chicopee,
Hornblower
14,592
$620,808
—
Its
products
names
underwritten
Lynch,
Courts
income
charges—Depletion
incorporated
was
Spencer Trask & Co
10,681
>
has
It
Paine, Webber,. Jackson &
Curtis
18,431
9,619
.
company
organized.
company's
Lane,
Fenner
,
20,427
10,318
_
Other
was
Co., Inc.
Merrill
$373,857
34.330
—
...a—
-
shares
Johnson,
161,405
165,477
$576,161*
—
operating revenue
income
172,519
expenses
$38,739
—
Miscellaneous
company's properties in Massachusetts and New Hampshire
of and its manufacturing operations since 1933 have
entirely at its plant in Alabama City (Gadsden), Ala.
Kirchofer &
-
of
it
—.
1943
$41,090
p.
Federal
Massachusetts
goods.
Hemphill, Noyes &: Cb
Graham, Parsons & Co.—
$2,531,340
Cost
the
Underwriters—The
011,1 Co.)
Derby
69,289
sales——
Interest
Outstanding
240,000shs.
is used in clothing, but many other industries are also
users, such as
—the automobile tire trade, bagging trade, and industrial users in such
fields as abrasives, pyroxylin-coated fabrics and the rubber trade.
Oct.
mortgage
Derby Oil & Refining Corp.—Earnings—
-
of
cotton
of
,
240,000 shs.
Business—The
value
par
..
Authorized
conducted
ber of
.•
outstanding."
and
($12.50 par)
Act
total
aggregate
an
issued
of
Net
present, and for some years
past, have been entirely cotton grey goods of medium to coarse yarns
and known to the trade in the general categories of
drills, twills, nar¬
row
sheetings, osnaburgs, chafers, and various fabrics for industrial
purposes. Company does no finishing. The larger part of the products
1. 1943, a
gold bonds,
Payment will be made
Co., trustee, Denver, Colo.—V. 158, p. 669,
called
$1,000,000
series A,
having
were
'
Products—The
(The) Denver Tramway Corp.—Bonds Called—
v
158,
sales
disposed
been
(in accor¬
$554,049
to
$187,859
24,970
——
earnings
Selling,
and
erties in
were
•After all charges
which
capitalization of the company as- of
company's balance sheet used in this
sharer, of capital stock of the par
through purchase or consolidation it acquired other prop¬
Massachusetts, also in New Hampshire and Alabama.
By 1933
376,657.
$1.02
$0.98
share,
per
of
the
240,000
•
Special
a
of
Mass.,
$383,591
388,325
Net
authorized
of
since
1941
388,325
$1.10
5
/
1943—3 Mos.—1942
$63,709
6 Months Ended June 30—
Cost
business
$428,348
profit
Common shares
the
all
"
manufacturing
1942
1943
"Net
per
$12.50
History and
by
(& Subs.)—Earnings—
6 Months Ended June 30—
Curtis; Graham, Parsons & Co.;
Co.; Hornblower & Weeks; G. H.
date
consisted
Capital stock
1941.
Decca Records, Inc.
Earnings
of
'
the
1943,
$3,000,000,
$317,944
$334,479
$1.41
p.
29,
value
$494,919
Ltd.—Earnings—
24,774
Eastern Corp.
<
&
&
Capitalization—The
prospectus,
94,638
143,075
Dec. 31,
Dr$841,479;
$65,864
Note—Operating
Walker & Co. and Parrish & Co.
351,390 shares of com¬
on
stock
mon
—V.
wells,
since
shares),
—
expenses
taxes.—V.
surplus
(146,328
1943—Month—1942
earnings
Operating
by the company.
Webber,
May
'
<■
Gross
earned
stock
2248.
p.
Period End. June 30—
Net
Associated with Hemphill, Noyes & Co. in the offering
Merrill Lynch, Pierce, Fenner & Beane; Paine,
surrendered,
'
$1,654,595;
common
156,
are:
.187
•
treasury
East Kooteiiay Power Co.,
113,790
„_
1
$1,788,165.—V.
None of the proceeds from the sale of the shares
will be received
262,010
etc..
taxes,
income
Gross
399,879
$1,026,262
1,594
State
$113,737),
$73,992;
total,
Incorporated, Henry Sturgis Morgan, and Junius'1
Spencer Morgan as executors under the-will of John
Pierpont Morgan, and Henry Sturgis Morgan indivi¬
2,013
aggregating
1939,
& Co.
Oper. & administrative exp. & prov.
'a
thereagainst
stock
—-
—
amortization
.
accounts
$108,049;
$554,000
on
Balance
Preferred
dividend
requirements
of officers,
$193,655; deferred receivables and investments, $136,268; property, plant and equipment (less reserves for depletion, de¬
preciation and amortization of $1,554,543), $828,469; land, buildings
and equipment not used in
operations (less reserves for depreciation of
$321,479, including marketing facilities in the net amount of $151,674),
$164,319; prepaid expenses and deferred charges, $26,195; total, $1,-788,165.
>
■ ,
Liabilities-—Accounts
.
payable, $60,856; preferred stock dividend pay¬
able, $6,154; due to officers and employees, $891; accrued Federal and
Balance applic.
"For
comparative purposes Federal income and excess profits taxes
to give effect to the provisions of the Revenue Acts
have been restated
applicable during the respective periods.
The
vision
amounts
shown
for estimated
above
excess
for
Federal
income
taxes
include
pro¬
profits taxes of $912,908 for the 12 months
ending June 30, 1943 (1942—$413,339) after deducting estimated
war
credit of $101,434 (1942—$31,888).—V. 158, p. 289.
post»
770
THE COMMERCIAL & FINANCIAL
El Paso Electric Co.
12
(Del.)—Earnings—
Months Ended June 30—
Revenue
from
1943
Dividends—common
Other
D.
1942
of
subsidiary companies:
$405,701
_.
16,351
Cr41
1,761
.
income
taxes
_____
__
.
taxes
__—
Interest
:
»_
All
17.435
-
,
realize
Balance
—-V.
for
requirements
158,
stock
common
interest:
$303,424
| 111,425
surplus
to
for
its
stock
was
also
was
investment
in
Federal Light & Traction
Co.—System to Be Dissolved
-—See Cities Service Power &
Light Co.—V.
completion "of sale
City of Key West.
the
acquired in
owned.
the
158,
1926.
Federal Mining & Smelting
Engineers
property
out
Period End. June 30—
of
Tons
also
1,741
shares
$191,999
Key
V.
p.
158,
West
of
1%
accrued
Electric
Co.
preferred
stock,
for
which
Tons
Net
670.
Period End. June 30-
Ethyl Corp.—Army-Navy "E" Award—
Employees
$565,974
$7,887,760
186,625
2,129,576
27,130
256,380
280,245
Deprec.—prov. for retir.
87,879
89,570
1,146,855
157,013
169,662
1,823,554
$133,386
$121,019
$2,531,394
1,831
6,466
69,610
was
facture
84,832
Taxes
__
p.
157,
last
Ethyl
week.
fluid
Both
used
in
1269.
plants
in
engaged
are
blending
high
_
1,013,859
Balance
-
$114,553
$2,461,784
814
68,403
3 Months End. June 30—
24,405
income
$129,107
_
$115,367
$2,530,187
and
idle
Amort,
of
34,388
396,177
399,752
debt
disc.
&
inc.
deductions
income
stock
493
10,806
45,448
78,570
$74,029
8,632
8,632
require..
Est.
18,549
6,457
$97,118
div.
$2,077,756
103,579
of
test
for
divs.
manu¬
fuels.—
surplus
$88,486
Consolidated
$65,397
Balance
Sheet
Fed.
Net
and
pipe
lines
fund
and
receivable
and
1,779,416
per
;
20,822
1,336
and
$272,938
$186,484
$16,923
.
660,817
264,732
9,414
15,914
10,163
Cr540
-
Cr790
Cr446
Cr220
*206,000
*211,000
52,000
excess
t$52,970
t$118,790
share
in
and
1943,
contingencies.
25
1941.—V. 157, p.
cents
tEquivalent
share
per
to
33,793
:_.
.___
205,549
•
-
25,967
'
*$713,384
{$579,037
$365,049
$1.72
$1.08
deductions
estimated
1942 and nearly three times those of the
$33,428,947 $33,124,082
V
Loan
credit
the
of
$5,000,000 to $15,000,000.—V.
1943
in
were
on
uncompleted
of
excess
has signed
adjustment board to
Premium
on
term
Accounts
Taxes
preferred stock
stock
($3
par),
(par
$100)
1,804,782
stock
common
$1,479,700
3,497,212
12,788,947
/.
debt
payable
14,000,000
Gross
been
the
Of
'
Other
income
1
404,152
Contributions
Earned
aid
of
6,246J 72
5,093,722
8,317
8,317
from
An
4,953,330
Total
189.
p.
Period End. June 30—
Operating
1943—Month—1942
revenues
Operation
$7,041,086
2,527,317
;
Maintenance
Depreciation
•Federal
573,544
income
taxes
Net
784,701
670,176
__________
dividends
for
expense
taxes
the
income
on
the
the
Act
1942
$1,051,644
6,950,358
$664,064 $11,695,868
$9,698 059
2,718,985
2,778,712
$8,976,884
on
$6,919,348
1,583,970
1,583,970
38,326
22,818
$7,354,588
$5,312,560
preferred stocks declared
Balance
Cumul.preferred dividends
Amount
applicable to
earned
minority
Balance
but
not
decl.
interests
!
Earnings of
subsidiary company in excess of
its pfd. div. requirements for the
period, less
minority interest, credited to reserve for de¬
a
preciation in value
of
investments
in
subs.
2,238,283
Balance
applicable to Eng. Pub. Service Co._
{Amortization of discount applicable to bonds
of
sub.
a
owned by Parent
company
deducted above
above:
$5,116,305
$4,385,948
dividends
3,828
deductions
as
declared
62,186
Interest
115,699
63,650
Earnings from other
offering price
60,237
136,926
sources
123,395
Total
$5,379,068
Bal.
Divs.
taxes
common
share
per
comparative
been
restated
applicable
Federal
during
income
stock
of
and
common
surplus
$4,304,112
2,256,084
$2,628,398
Business
The
include
provision
for
estimated
excess
taxes
of
in
value
resenting
for
the
investments
estimated
considerable
a
because
stock
of
of
of
the
loss
period in
accrual
Puget Sound
in
of
subsidiary companies an amount rep¬
such investments,
including provision
in
advance
unearned
Power
&
for
loss
which
cumulative
Light Co.,
be
may
dividends
on
subsidiary company, held
by the public.
In compiling consolidated figures
commencing Jan. 1,
1939, Engineers Public Service Co. adopted the
policy of reflecting all
changes in surplus of Puget Sound Power & Light Co. in reserve
for
depreciation in value of subsidiaries.
a
12 months Ended June 30—
revenues
_:
order
of
stones
their
of
$3,116,012
income
taxes
Balance
taxes
.
\
,___
.
_—i
—
Interest
Balance
Preferred
Balance
Earnings
relative
$3,326,566
293,608
221,721
and
such
dies
and
form
its
subsidiaries
chemical
as
for
Practically
supplied
all
of
to
the
other
products
♦1943
7,752
Cr7,542
$2,621,565
$2,941,571
per
share of
common
surplus
stock
1941
for
important
Calendar
its
subsidiaries
{Consolidated Consolidated
Net Profits
Net Sales
{$249,657
{$2,221,861
5,302,398
363,153
2,492,346
11,739
176,553
120,043
315,319
{After
for
or
all
and
any
charges
estimated
capital
non-cumul.
net
will
be
each
G.
the
public,
and
together
Republic
Davis
158, p.
The
The
First
National
statement
due
underwriting
Bank
of
the
debentures
1944,
such
as
will
be
covering
1, 1958.
Aug.
discounts,
used
to
will
redeem
of company's cumulative
has not been converted into
preferred stock would be redeemed at $20
158,
a
share,
Other underwriters
and
the
$150,000
150,000
100,000
100,000
.____
100,000
100,000
100,000
100,000
Louis
Co.
100,000
390.
p.
Co.
Period End. June 30—
Operating
Operation
$7,975,992
$5,156,874
232,274
3,594,977
2,429,394
92,278
63,412
897,307
660,940
175,408
inc.
&
48,566
1,308,171
287,680
70,977
55,071
770,138
578,187
$93,366
$106,634
$1,405,398
$1,200,674
502
Dr 19
3,434
Brl.382
$93,869
$106,615
$1,408,832
$1,199,292
profits
exc.
Other taxes
Operating income
income
Gross
(net)____
income
Depreciation
Gross
Int.
1943—12 Mos.—1942
$505,957
taxes
Other
Subs.)- -Earnings—
$765,227
333,199
Maintenance
Fed.
(&
1943—Month—1942
revenues
44,443
33,780
519,841
343,209
$49,425
$72,835
$888,991
$856,083
7,753
8,821
3,837
102,584
43,399
105,855
2,781
income
bonds—Houston
on
Electric
on
Co.
equip notes, etc.
Amort,
of
debt
\
expense
114
■
130-
$38,777
declared
on
.
24.625
$741,515
$60,047
$669,669
160,641
com¬
stock
mon
—V. 158,
55,933
1,493
204,452
income
p. 290.
General Cigar Co.,
Inc.—Earnings—
Wholly-Owned General Cigar Co.
profit
1943
■
&
^
^
of
i
Cuba, Ltd.)
1942
1941
$3,180,256
1,459,281
$2,608,841
1,633,258
$2,281,135
1,496,700
$1,720,975
$975,583
39,683
$784,435
$1,015,266
449,838
$832,375
238,795
—
admin.
general
used
Profit
expenses,
will
be
corporate
general
added
to
par)__
name
has
of
agreed
each
Total
income
Prov.
for
Fed.
for
Fed.
Provision
for
income
Earned
6,896 shs.
260,000 shs.
to
13,566
10,000
Co.,Inc._
Jackson
7,000
7,000
underwriter
purchase
are
and
the
number
$1,725,978
normal
tax
Name—
Adamex
Shares
Securities
Corp.—
H. M. Byllesby & Co., Inc.
Emanuel
&
Co.
2,000
2,000
2,000
—
Kebbon, McCormick & Co._
2,000
Sills, Troxell & Minton, Inc.
&
j
i
.
|
47,940
471,285
{450,000
156,000
$648,693
$565,428
8,612,594
8,559,029
$9,261,287
175,000
$9,124,457
236,491
236,491
$8,899,528
175,000
236,491
$8,849,796
_____—
Total
——-—
Dividends
on
preferred
on
common
;
stock-.
stock——.
Earned surplus, June 30
Earnings per common share
i
$8,712,966
$8,488,037
$1.00
$0.82
$0.88
providing $111,302 in 1943, $143,840 in 1942, and $166,787 in
1941 for depreciation
and amortization.
{After deducting estimated
post-war refund of $50,000.
Consolidated
securities,
„
—
175,000
$593,58
8,305,94
•After
Assets—Cash
,
surtax
surplus at Dec. 31—
1,000
7,000
j.
&
profits tax—
excess
contingencies
of
follows:
as
5,003
Outstanding
9,219 shs.
=
■
purposes.
Giving Effect to This Financing
(no
income
'
Prov.
($921,335)
for
,
Miscellaneous
Dividends
& Co.,
485.
with
participating preferred stock
stock.;
Wisconsin
—V.
♦Gross
taxes.
proceeds
Shares
Webber,
at
amendment.
H .Walker & Co., St.
The
Selling,
260,000 shs.
Co
Curtis
«-V.
Payment will be made
Eastman, Dillon & Co., New York
H. M. Byllesby & Co.,
Chicago
A. G. Becker & Co.,
Inc., Chicago
Central Republic Co.,
Chicago
Lee Higginson
Corp., ChicagoMilwaukee Company,
Milwaukee—
E. H. Rollins & Sons,
Inc., New York
Net
stock
pfd.
Name—
Paul H.
by
(And
above make no
proceedings with Gov¬
in net profits resulting
reduction
(no par)
Underwriting—The
which
Called—
sinking fund 4%
debentures due
for redemption as of Oct.
1, 1943, at
shown
Authorized
Common stock
common
last,
15-year
called
6 Months Ended June 30—.
Drl3,900
April 30.
tThe figures
adjustment in renegotiation
authorities
Purpose—The
quarterly
the
record
Dr6l,719
1,306,960
ended
provision for price
2,256,084
been
underwrite $500,000 of the debentures.
amount each would underwrite follow:
268,816
887,856
shares
to
387,222
46,636
working
have
usual
on
of
Sept. 3.
while on Sept.
paid.—V. 157, p. 1942.
15,
each were
to
Net Profits
Drl,373
therefrom.
June
on
the
Schroder, Rockefeller & Co., Inc., New York, and Loewi &
Co., Mil¬
waukee, are named as the principal underwriters, each
having agreed
{$90,438
{421,058
678,045
;i
and
declared
holders
to
{Consolidated
338,680
months
to
plus accrued dividends.
Years
238,660
$5
price
Net
215,539
1938
been
15
disbursed
was
outstanding
industries.
1,511,416
Hallgarten &
$685,486
$0.36
and
company
in
3,929,996
1,820,381
1937
share
Aug. 1,
a
1939
Central
$0.19
foundation
1940
$2,941,571
$365,343
the
—Vascoloy-Ramet Corp.
wholly owned subs.— and its wholly owned subs.—
{$4,009,874
{6,439,547
1942
per
have
Sept.
1942, extras of 5 cents
interest.
common
the
large variety of prod¬
drawing,
extrusion and forming
these metals or their compounds
of the
Summary
Net Sales
2,256,084
and
volume—form
fabricate
manufacturers
Consolidated
be
r
time
Divs.
and its
ernment
the
1950,
convertible
—Fansteel Metallurgical Corp.
•Four
cents
Three
in
'
$2,621,427
stock
also
equipment,
of which
Earnings
'
of
1,
filed
Int.
are
Paine,
common
sales
machinery tools,
Blyth & Co., Inc
dividends
commercial products.
molybdenum,
named
part.
a
cents
share
Galveston-IIouston
Company
metals in the form of rod,
sheet, strip, wire and ribbon.
In addition, the company manufactures
alloys, metallic salts and other compounds for various industrial uses?
Company
2»/2
5
per
payable
The proceeds of the sale
between Nov. 1, 1943, and
company's business.
produces the three named
98,929
138
____
and
and
1942
264,974
Expenses
Federal
Other
current
to
according
Regis¬
the
Capitalization
1943
________—
alloys
tungsten
metals—tantalum,
Earnings of Company Only
Total
Bank & Trust Co. of Chicago.
Bank, Chicago.
company and subsidiaries consists of the develop¬
ment and refinement of rare metals and the
production and fabrication
of rare
metal
compounds,
sustained
preferred
share.
per
of
purposes
$8,801,424 for the twelve months ending June
30, 1943 (1942—$4,222 257) after deducting post-war credit of
$977,768 (1942—$318,842).
tEngineers Public Service Co. in 1933 set up a reserve for
deprecia¬
tion
business
to
taxes
The
Property—Company was incorporated March 13, 1917,
Company has two active subsidiaries—Tantalum Defense
Corporation,
which
is
wholly
owned,
and
Vascoloy-Ramet
Corp.,
which
is
two-thirds
owned.
The
remaining
one-third interest in
Vascoloy-Ramet Corp. is owned by Vanadium-Alloys Steel Co.
$1.07
Federal income and excess profits taxes
give effect to the provisions of the Revenue Act
the respective periods.
The
amounts
shown
for
$19
was
of
cents
both
and
$2,048,028
$1.38
stock—
be
in New York.
•'
Balance for
•For
384,995
$4,884,482
2,256,084
pfd. stock of Eng. Pub. Ser. Co
on
$4,639,107
494,586
interest
applic. to stocks of Eng. Pub. Ser. Co
Earnings
have
and
Paine, Webber, Jackson & Curtis.
Transfer Agent: City National
trar:
Harris Trust & Savings
ucts
Expenses,
$165,493 provision for
computed in accordance
provision /for Federal taxes on
$268,777.—V. 157, p. 2348.
was
2Va
$1,
of
and
The
being
The
The outstanding
common stock
is listed on the New York Curb
Exchange and application has been made to list the additional shares
currently being offered.
rare
Company,
:
—
Preferred
926,612
:
Earnings from sub. co., included
$347,267
ing group headed by Hallgarten & Co. and including
Blyth & Co., Inc., Central Republic Co. (Inc.), Paul H.
551,582
Balance
142
includes
amount
1942.
period
is
war
Froedert Grain & Malting Co.,
Inc.-—Debentures Regis¬
1,450
$331,112
_.
period
such
of
$330,000
1943,
Company has filed with the SEC a registration
$2,000,000 15-year 3Vz% sinking fund debentures
.8,162,334
Davis & Co. and
Dividends
surplus
1943
income,
Revenue
in
and
142
900
.—__
$1,274,018 $18,823,808 $16,963,239
609,954
7,127,940
7,265,179
11,013
amortiz.
6,838,354
•Tax
Federal
with
for
31,244
i.
(Cr)__.
Fansteel Metallurgical Corp.—Common Stock Offered
Public offering of a new issue of 53,566 shares of com¬
mon stock (no
par value) was made Aug. 18 by a bank¬
$1,603,226
and
Balance
$379,819
31,244
.
debt
Amortization of bond premium
Other interest expense
1943,
15,
1361.
p.
the
price
on
tered—
capital charges
funded
on
461,077
$363,114
profits
80,500
339,955
1942
trustee. Fourth and Walnut Sts.,
Cincinnati, Ohio, at
prior to date set for redemption, at 100 and
interest to
Oct. l, 1943,
upon presentation and surrender of such
debentures.—
V. 156, p. 959.
38,318
85,000
Balance before
its
between
and
Department
Cincinnati,
any
708,347
48,311
—
•Federal, State and Municipal taxes
1943—12 Mos.—1942
6,877,688
13,008,776
7,113,565
611,268
100
7,775
•
$1,668,061
$1,316,447 $18,950,736 $17,124,096
Dr42,429
Drl26,928
Dr160,858
$1,592,213
Balance
Interest
568,687
1,213,863
taxes-
operating revs._
income—net
Other
;
$5,923,771 $80,178,573 $69,227,673
2,197,352
28,865,749
25,494,937
445,316
5,362,060
4,657,594
463,974
,
Other
Maintenance
Interest
Engineers Public Service Co. (& Subs.)—Earnings—
$1,850,543
1,014,164
_i___
Depreciation
$33,428,947 $33,124,082
158,
All
April
$1,660,286
92,567
^
dividend
of
par
extra
of
63,305
of
1942,
completed
War
amount, $340,000 was paid in July,
15,
1943,
and $330,000 On
Dec.
extra
stock,
1942
$1,757,976
!
the
G. H. R. Foundry Co.—Debentures
1943
-
with
been
Frankenmuth Brewing Co.—Extra Dividend—
Co.—Earnings—
30—
Total gross earnings
Operating costs
367,063
construction
surplus
June
have
$1,000,000
O'Connor, President.—V. 157,
15 and Dec. 15,
.
639,750
5,450,932
in
Electric Light
return
Sept.
dividend
1,216,901
accrued
Customers' advances for construe, (prepaid
gas)
Reserve for depreciation—retirements
River
Months Ended
6
3,497,212
1,690,181
58,553
.
Fall
this
J.
An
entire
increased
agreement
an
D.
289.
p.
operating revenue
accrued
Interest
-V.
$1,479,700
1,804,782
r—
*
com¬
*——
ended Dec. 31,
year
Government
paid
Liabilities—
cumulative
as
1557.' "
p.
contracts.
re¬
period last year."
same
has
company
158,
74 stores in operation
were
'
company
of
of
profits taxes. ''
excess
Co.—Completes 1942 Renegotiation
this company and the U. S.
$2.12
months
and
464,679
$1.20
$0.80
v
income
Renegotiation proceedings for the
1941
■
>.
*
year
six
u—326,685
Formica Insulation
1942
for
first
July 10, '43 July it, '42
$22,700,871 $22,295,904
share
Proceedings—
1943
tion
25,967
the
,
pared
Corp.—Earnings—
for
*
1
~
Note—As of July 10, 1943, there
with 77 last year.—V. 157,
65
.5
Inc.—Earnings—
'
common
on
1649.
share—
common
mailed
•After charges and Federal
total 1942 earnings is not yet completed.
According to James S. Ogsbury, President, "shipments of the corpora¬
38,338
201,655
__
Total
Long
$3.44
by the Pennsylvania Co. for Insurances
Granting Annuities, Philadelphia, Pa.—V. 155, p. 923.
•Net profit
Earnings per
29
and
1942
in
be
28 Weeks Ended—
$5,329
profits taxes
common
redetermination
The
7%
$848,481
$1.89
Sales
1,970
$60,091
taxes
figure provides
Final
will
and
Food Fair Stores,
of contracts and for estimated taxes of $2,608,073 and is
subject to year-end and other adjustments.
tAdjusted earnings, which
figure is $155,687 larger than that originally estimated owing to a
lower tax than provided for.
2,566
787,426
supplies
Reacquired securities
Common
$465,786
$1.48
■
Checks
negotiation
28~105
304,171
.
debits
•This
37,000
______
.
receivable
Prepayments
1943.
1940
$274,991
_
Earnings per
775,895
547,206
__
Deferred
1941
Lives
Net profit after charges and Federal
income and excess profits taxes.
1942
930,364
U. S. Treasury notes—tax series C
Special deposits
Materials
1942
6 Months Ended June 30—
equipment— $30 ,539,207 $29,342,698
accounts
Cash
Accounts
$366,158
$0.94
share,
com.
declared an interest payment of IVo on the
prin¬
cipal amount of its first mortgage 6% income
bonds, maturing March
1953, payable Sept. 1, 1943, to the registered holders as of
Aug. 16,
y/:
Fairchild Aviation
$1,862,555
30
1943
properties,
Notes
$231,425
income
per
1,
,
income
cents
103,579
1943
(net)
inc.
•Includes
$1,966,134
$1,974,177
June
Assets—
Plant,
*235,000
tax.
1518-20 Locust Street Co., Phila.—Interest
Payment—
common
and
Investment
inc.
,
the
motor
9,691
plant
credits
cents per share in
Balance
3,036
$1,083,481
140,000
1,518
,
deprec.
Fed.
•Represents proportionate part of provision for
year 1942 applicable
to
the earnings for
these periods.
{Before depletion and year-end
adjustments.—V. 158, p. 670, • *
'
,
■
debts__
equipment
Misc.
,.v. ••;...
761
600
expense
Net
after
for
plant exp. &
for bad
Deprec.
$2,463,004
30,629
_
Interest
Miscell.
„_
inc.
Earns,
(& Subs.)—Earnings—
Oper. profit after chgs.,
mfg., - selling, admin.
$2,438,599
Dr2,448
__
_
•
$131,555
—
income
Gross
2,893
$605,786
*105,000
65,457
■
The directors have
prov.
Pfd.
-
Fairbanks Co.
operating
Other
1,510
$471,158
75,000
by
___'
45,189
prod¬
,
y
1943—6 Mos.—1942
30,085
$306,425
shipping
{Net
1
at
Deepwater, N. J., and
the
Army-Navy E Production
in producing war
equipment,"
La,
recently received
"outstanding achievement
of
V.
$2,523,431
Explor. & devel. costs—
announced
plants
1,662,191
revs.—
for
corporation's
Rouge,
it
1,836,709
35,886
this
Award
$7,316,435
151,810
_
of
Baton
1943—12 Mos.- -1942
$594,006
-
Maintenance
(& Subs.)- -Earnings—
1943—Month—1942
revenues
Operation
Net
1943—3 Mos.—1942
21,058
produced
Prov.
190.
p.
Co.—Earnings—
concentrates
lessees
per share has been pro¬
dissolved and liquidated.—
been
of
uct
$100
dividends
has
of
produced
289.
p.
El Paso Natural Gas Co.
Operating
$710,000
liquidation plus $35.42 of
111,425
$254,360
—1
—
and
announced
sale price of $1,160,000 plus a net current
assets adjustment.
Key West company had outstanding $409,000 of first
mortgage
bonds, which have been called for payment at 105 and accrued
vided.
Balance
13
subsidiary,
a
-Monday; August 23, 1943
The
$365,785
dividend
about
V
/
Aug.
on
Co.,
total
a
5%
Preferred
President,
Electric
the Key West company's common
the outstanding preferred stock
of
will
Subsidiary—,
Barnes,
West
of
Half
13
—
C.
Key
$338,972
15,813
24,132
_
Expenses*
Federal
Sale of
CHRONICLE
of
in
banks
which
Balance
and
on
$1,000,000
Sheet, June 80, 1943
hand, $1,832,566; U. S. Government
on
deposit as collateral for note
is
Volume
payable
like
of
doubtful
for
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
158
$l,640,0b0r accounts receivable (less
amount,
and
accounts
of
discounts
for
$165,774),
♦For
reserve
$2,361,797;
in¬
of
cost
license
to
The
$3,500,000;
accounts
payable,
trade,
$394,876; accrued salaries, wages, commissions, etc., $256,105; accrued
taxes
other
than
income
taxes, and other accruals, $558,214; pro¬
vision for Federal income and excess profits taxes, $1,489,444; contin¬
gencies reserve, $156,000; insurance reserve, $500,000; 7% cumulative
preferred stock ($100 par), $5,000,000; common stock (472,982 no par
shares), $5,298,410; capital surplus, $3,899,658; special capital reserve
accumulated pursuant to requirements of charter, $1,000,000; earned
surplus,
$8,849,796;
$30,902,503.-—V.
total,
157,
1558.
p.
vision for estimated
Telephone
Corp.
(&
Period Ended June 30—
Operating
Tacoma
line,
and
Tenino
Junction,
Wash.,
miles.—V.
Provision
for
deprec.
and
salaries
General
&
other
The directors have declared
of
accumulations oh
the
able Sept. 1 to holders
made on March 1 and
to
taxes
Federal
—
r—
normal, income & surtaxes
excess
profits tax
Federal
Post-war
refund—Cr
•
-
The
the
$6
of
dividend of
a
cumulative
record
June
1,
share.—V.
$6-per
company
outstanding
fund
bonds
134,738
—
JJebt-retlrement—€r
Net
operating
Miscell.
33,556
income
Net
earnings
General
33,556
$2,106,105
of
and
Int.
148,675
$2,020,417
$4,191,986
724,080
724,080
8,353
debt
7,052
55,489
Divs.
discount
54,918
28,596
Royalties
Other
Minority
interest
Miscellaneous
current
in
406,165
406,167
4,058
5,119
8,801
——
21
6
Net
income
$829,074
$851,656
218,750
——
218,750
preferred stock
on
$610,753
$1,823,194
437,500
49,730
51,1905
96,026
95,530
104,035
V 110,492
16,755
17,644
Earnings
—V. 157,
share——
per
$610,324
$0.99
!
2348.
p.
$632,906
$0.90
-
5,771
6,590
147,709
176,192
—
drilling
exps.
leases
for depreciation and depletion
for amortization of plant
JY
22,894
Total
1,243
/
on
40,380
44,248
372
$87,178
82,454
11,718
122
Net
1943
Operating
671.
1942
$52,250
revenues
158, p.
$52,250
;
1943
1942
.
$1,185,999
6 Months
hold
Y-Y-'-
.•-
-Y; YYYY•'/•'. --:y.Y'Y
sales
Net
f
$33,410
300
,
*$7,115
157, p. 2348.
dividend
mulations
of
in
1942
$1
the
on
Consolidated
Prov.
<
$
179,161,773 103,283,542
98,005,059
40,346,879
18,171,087
12,387,033
30,773,000
after chgs. but
conting. reserve
for domestic and foreign inc.
before
V s'J .)
14,068,000
4,741,000
profit
taxes
and
'
and
profits
excess
taxes
Conting. reserve for inventory price
fluctuations,
etc.
1
4,000,000
1,000,000
1,000,000
$5,573,879
$3.49
$3,103,087
$1.59
$6,646,033
$4.31
-
222,620
$1,150,947
$626,248
81,329
41,637
$1,229,721
$1,232,277
$667,885
67,371
278,000
52,931
48,666
350,500
148,600
347,000
262,000
19,200
22,000
21,700
18,800
16,800
5,950
$498,550
$539,195
$420,404
$1.29
$1.01
156,334
155,304
tax
—
taxes
share
per
12,215
Ju—_
417,120 shs.
on
stock
U
impr.
$1.19 )
charged
to
mfg.
&
amounted to
148,749
•>
,
Hoover Co.—Distribution of 35 Cents—
A
quarterly dividend of 35 cents
common
stock,
ago
*$21,176
payable
distribution
of
payment
a
Oct.
25
12
made
was
cents
per
share has been declared
holders
to
three
share
per
Earnings per common share--..-.—
the value of the output of
operated by the company.
(2) It was reported that renegotiation of war contract prices has
been
completed with respect to
the year
1942.
The contingency
reserve provided
in the 1942 profit and loss account was sufficient to
absorb the net effect of such renegotiation, the report said.
(3) The report also announced that a "Regulation V Loan" arrange¬
ment wus entered into June 14, 1943, with various financial institu¬
Sales
Notes—(1)
figures
do not
Include
U. S. Government owned and financed plants
tions
permitting the company during the period ending Aug. 31, 1946,
to borrow up to $50,000,000 to finance war business.
Consolidated balance sheet as
of June 30,
1943, showed current
of
assets
ratio
the
of
2.81
were
commitment
period.*
'
50
directors
cents
of
ers
the lower of cost or market.
below
or
market
prices
at
Raw materials
the
of
end
the
were
share
per
has
cumulative
$4
on June
157, p.
been
declared
on
prior preference
of record Sept.
4.
of
account
stock,
no
The
accu¬
with
York
New
interest
will
fund income
value,
par
This compares
of
31
and Dec.
Curb
be
on
17 announced the declaration of a dividend
the common stock, payable Sept. 15 to hold¬
with 25 cents per share paid
15, last, and with 50 cents per share on Sept.
Aug.
and
This compares
3.
June
declared the
also
quarterly dividend of $1.25
payable Sept. 30 to
regular
$5 cumulative preferred stock
holders of record Sept. 17.—V. 157, p. 2042.
per
:
share
the
on
directors
The
Gross
—26 Weeks Ended—
July 3, '43
July 4, '42
July 3, '43
$190,590
$138,877
$381,567
76,236
55,551
152,627
$114,354
taxes——
$83,326
$228,940
—
income
—
frm.
earns,
Oper. & genl.
cluding
July 4, '42
5V2%
have
ordered
a
capital
distribution
on
Sept.
1
of
than
Co.
1
been
Int.
Fed.
(Inc.),
inc.
1943—3 Mos.—1942
taxes)
filed with the
Securities and Exchange Commission an
plan for liquidation and dissolution.
Funds for previous
company
amended
distributions
to
bondholders
had
been
obtained
solely
from
sales
of
Of the $79,125 required to make the forthcoming dis¬
tribution, $30,000 remains in the company's treasury from sale of
water plants,
$39,000 has been received in the form of one year's
accumulated interest on its bondholdings of the Ohio Gas Light &
Coke Co.,
a subsidiary,
and the balance is available from working
capital resources.—V. 157, p. 2042.
from
30
to
time
than
Period End. June 30—
revenues
v
—
Operation
Maintenance
.■
——
Depreciation
Federal
Other
60,096
137,966
—
income
taxes
1943—Month—1942
$1,317,174
430,599
taxes__
.
—.
292,718
114,824
932,834
2,086,801
1,824,968
15,511
$2,187,099
35,749
$2,105,591
30,446
$1,050,086
$805,626
$2,222,848
$2,136,037
90,472
95,963
180,993
191,397
Y-
depletion
&
of
int.,
and
notes
debt
,
/: v.\;
6,526
disc.
and
'
Y-v-Y'Y
•
99,803
73,051
13,801
401,157
792.233
799,953
105,428
348,300
395,882
aban._
32,067
56,108
82,730
(est.)
69,067
81,300
325,507
retired
&
profit
$164,469
$456,073
Comparative
Consolidated
oper.
revenues.-
$280,971
$242,121
Co.
for
1943—12 Mos.—1942
*2,678,301
1,135,226
*1,811,576
1,156,680
$3,161,674
33,073
History
&
$3,031,626
$1,797,571
584,968
5,195
$236,926
amortization
103,970
102,638
$3,128,601
1,230,266
——-
$174,308
$134,288
$1,898,335
is
Preferred
—
584,968
Balance
dividend
for
requirements
common
stock and
surplus-
and
Granting
Business—Company
and
in
company
was
Annuities,
Other
Income
Account
■'YY ,Y
39
in
(one
A
Property
Federal
Net
The balance is to
be used
A
for general working
to carrying
on
the
Authorized
6 Mos. End.
'43
$1,106,839
1942
$2,350,662
460,251
expenses
for
Prov.
war
41,351
1,234,055
$1,313,368
$1,212,603
inc.-
on
of
908,889
732,939
203,726
$523,005
$1,126,411
$895,116
187,674
Earnings
Hall
First
&
$518,888
$82,500.
360,086
161,914
$535,030
the
No
period
repre¬
liability
shown.
Dividend—
62J/2
cents per share has been declared on the com¬
value, payable Oct. 1 to holders of record Sept. 1.
37 V2 cents each were made on April 1 and July
1,
share
156, p.
Uncollectible
Operating
$103,366
$166,380
172,337
172,337
172,337
Nil
1050.
Y
$0.52
$0.88
';*;••• ••:~Q'y
Co.—Earnings—
1943—Month—1942
rev.
16,604
revenues—
$3,313,966
6,919,461
expenses
1941
*$15,758
—
$10,250,031
oper.
1942
1943
Illinois Bell Telephone
Net
1943—6 Mos.—1942
59,140.380 $59,022,548 $54,342,783
25,023
91,884
150,365
6,394,780
40,419,452
38,189,579
—-
income
oper.
income
Net
—V.
$581,177
taxes
158,
p.
2,122,616
$1,191,350
980,991
$1,048,599
846,540
$7,210,123
5,757,983
$6,159,440
4,922,194
192.
Illinois Central RR.—Asks
company
$2,720,577 $18,511,212 $16,002,839
1,671,978
11,301,089
9,843,399
Bids
on
Equipments-
has requested bids for the purchase of $15,000,000 equip¬
to be dated Sept. 1, 1943, to bear dividends at
be named by the bidder, the dividends to be payable semi¬
ment trust certificates,
names
of
the
notes
-
Corp
several
agreed
to
underwriters
be
purchased
and
by
the
them,
annually Mar. 1 and Sept. 1, and the principal to mature in 16 semi¬
annual installments, the first installment of $945,000 maturing on Mar.
Sheet,
_
1,
1944.
1,000,000
;
—_—
Balance
the rate to
$1,500,000
—
;
Goldman, Sachs & Co._.
Consolidated
oper.
Operating
serial notes
as
Boston
of
per
.
serial
follows:
Co.
(Inc.)
of
amounts
,
interest requirement on the $3,000,000
Underwriting—The
Harris,
607,523
$221,805
are
statement
rates.
for
par
Oper. revenues
Net
301,200
to
of
no
Period End. June 30—
-
excess
Income
respectively,
$743,091
taxes
Note—The annual
amount
above
due
Hussmann-Ligonier Co.—Earnings—
1940
$1,663,704
265,590
profits tax)
Net
the
prevailing
be
6 Months Ended June 30—
(less post¬
refund
In
the
to
Fed¬
Federal
income
on
on
Net profit after all charges & taxes
Shares of common stock
Y'
1941
$2,007,731
958,661
stock,
♦Loss.—V.
123,581
expense-
taxes
deducted
based
indicated
Outstanding
Years Ended Dec. 31
June 30,
before
is
2150.
p.
Distributions
Summary of Earnings for Stated Periods
interest
tax
tax
tax
503,783
$1,348,813
Payments in 1942 were as follows; April 1 and July 1, 37V2 cents
each; and Oct. 1 and Dec. 26, 62V2 cents each—V. 157, p. 1944.
2%% to 3%, 1949 to 1953
$3,000,000
$3,000,000
4% debentures, series A, due Sept. 1, 1951-—
1,000,000
900,000
7% cumulative preferred stock ($25 par)—.— 65,645 shs. 62,927 shs.
5%% cumulative preferred stock ($50 par)—100,000 shs.
Common stock ($2
par)
600,000 shs, 252,172 shs.
Total
658,198
last.
notes,
Total
353,851
(estimated)
income
profits
dividend
mon
Capitalization Giving Effect to Present Financing
income
252,668
Humble Oil & Refining Co.—62 V2-Cent
Purpose—Net proceeds are to applied in part to retire the $2,400,000
Total
27,674
1,574,341
-
The directors on Aug. 12 authorized an interest payment on Oct. 1,
next, of 2% on the adjustment income 5% bonds.
A distribution of
1%% was made on April 1, last.—V. 158, p. 672.
turers, distributors, processors of and dealers in various kinds of
products, articles and merchandise; also mills and wholesale and retail
merchants in various lines; also other finance companies and small
loan companies; also concerns performing services.
Serial
taxes
384,822
1,578,374
;
Hudson & Manhattan RR.—Interest Payment—
acquired through its operations, and cash.
group of clients is served, including manufac¬
term loans from banks.
157,
$4,193,282
366,098
expense—26,228
abandoned
and
income
normal
—V.
64,112
$1,30Q,491
Note—Federal
excess
3,885,560
$4,140,995
52,288
$4,182,057
and depl.—
profit
sents
for
3,830,349
Company's assets consist almost entirely of
concerns.
diversified
retired
and
depletion
1942
$8,026,555
$4,117,945
notes—-
debt discount
Income
is
widely
and
and
operations
business
to
of
Depreciation
which
,■■■
(other
-
deprec.,
Ended
1943
—
interest,
bonds
on
-
——,
Amortization
Delaware
taxes
exps.,
operations
for
avail,
Interest
of
from
$677,158
lji, Months
$7,948,293
incl.
income taxes)
gen.
$828,334
for
operations
income
Amt.
trustee.
incorporated
from
than Federal
Income
engaged principally in financing the sales and other
of manufacturers, distributors, dealers, merchants
and others, by purchasing or making advances on their accounts, notes,
acceptances, instalment paper and other obligations or documents or
otherwise; also in making direct loans or advances against inventory,
machinery, equipment, chattels, real estate, or other tangible and in¬
tangible assets; and in otherwise lending funds and giving financial
Company
current
The
Balance
Lives
on
20, 1919.
It has four wholly-owned subsidiaries
inactive) and a partially-owned subsidiary.
principal
Interest
the
Nov.
$3,072,977
2,693
Balance
of
agency
earnings
Operating and
published noticq,
Insurances
Balance
$278,278
Other income (net loss)
or
Gross
by payment of the principal amount,
accrued interest and a premium of 14%
of the principal amount for
e&ch full year.or fraction thereof between the date of redemption and
date or dates of maturity of serial notes to be redeemed.
Pennsylvania
will
Net
office
*
6,900
depletion-
income taxes
Net
,
$1,033,645 $13,662,016 $12,344,047
337,221
4,390,362
4,084,634
57,532
667,536
641,324
133,450
1,628,917
1,576,856
*163,518
the
$3,930,559
$790,li.6
expense
Prop,
Redeemable as a whole at any time or in part
but only in inverse order of maturity, on not less
time,
days'
eral
Operating
at
$4273,899
1,174,672
18,808
for
bonds
on
Fed.
Chicago or New York.
properties.
Gulf States Utilities Co.—Earnings—
or
sinking
1943—6 Mos.—1942
$1,722,949
June
trustee
5%
$1,031,278
oper.
avail,
Deprec.
Dated Aug. 1, 1943; coupon notes in the demonination of $1,000,
registerable as to principal.
Interest payable February and August at
the
payment
no
2251.
p.
in¬
income
and
terest.
of
that
corporation's
157,
(other
from
Amort,
The First Boston Corp. and Goldman,
Sachs & Co. on Aug. 13 offered $3,000,000 serial notes,
dated Aug. 1, 1943, and maturing $600,000 annually Aug.
1, 1949 to Aug. 1, 1953. The notes, carrying interest rates
ranging from 2^% to 3% according to maturity were
offered at prices ranging from 99 V2 and to 100 and in¬
office
notified
this
on
1954.—V.
$120,182
(Walter E.) Heller & Co.—Notes Offered—Harris, Hall
&
in
$2,205,950
oper.
exps.,
taxes
Income
80,121
Amt.
an
bonds
A
672.
p.
$200,303
,
157, p. 2042.
funds and any general corporate purposes incident
business of the company and its subsidiaries.
of the face amount of the $1,582,500 first lien collateral
of 1942.
This will bring to $675 the total of
distributions made on each $1,000 bond since March, 1942, when the
trust
158,
the
months
(Including Houston Pipe Line Co.)
Other
Net
Great Lakes Utilities Co.—Distribution to Bondholders
additional 5%
six
Houston Oil Co. of Texas—Consolidated Earnings—
15, 1943.
Payments
May 1, $4; and June 16, Sept. 15 and Dec. 15,
Hathaway Bakeries, Inc.—Earnings—
taxes
Sept.
due
Period End. June 30—
before
has
Exchange
made
debentures
1944.
receivables and obligations
22, 1942.
directors
The
on
Sept.
on
30.
Sept.
while
$2
15, last, and $1 on March
follows:
as
each.—V.
aid
•
per share on
record
March
on
at
were
Pay Larger Dividend—
The
of
valued at
r
To
15
to
months'
six
Inventories
on
and current liabilities of $44,655,566, giving a
1.
Net working capital increased $5,385,606 during
period ended June 30,
1943, the statement said.
$125,522,097
record
ago,
paid.—V.
was
•
Consolidated net income
of
months
■
15 to holders
per share paid
-V.
Y-YVY'..1
j
-
2,585,694
214,399
surtax
other classes of exp.
—V. 158, p. 672.
•
—
k
2,476,359
210,907
deprec. & amort, of lease¬
deprec.
■-<
2,279,413
1941
Hotel Waldorf-Astoria Corp.—No Interest—
A
$1,059,106
Goodrich Co. (& Subs.)—Semi-Annual Earns.
Ended June 30
,/YY 1943 ;
* 1942
vy
1941
(B. F.)
i;
•
and
—
of capital
Hartman Tobacco Co.—Accumulated Dividend—
Federal
:
$3,434,562
$1,193,962
taxes
profit
Earnings
108
L
Period—
—V.
i942
$3,841,705
;
——
income
similar
Profit
Jan. 1 to Aug. 7
1943
adv.
Additional payments for prior years
10,682
6,488
profit for period—
record
85,497
7,428
interest
Net
of
(& Subs.)—Earnings—
general expense
profits
income
Foreign
$75,111
60,520
debt——:
of debt discount and expense
Other
holders
to
35,759
excess
State
30,654
;
long-term
1
liquidation of the com¬
Sept. 30, 1941.—V. 156, p. 960; V. 117, p. 332.
Hires Co.
Income'
normal
160,658
$107,845
Interest
on
authorized the
profit
Federal
4,764
,
4,400
taxes-
13 Weeks Ended
Week End. Aug. 7
158,
liquidating dividend of 14 cents
payable Sept.
had
Discs., prov, for doubtful acc., etc.-
19,717
Federal income taxes
—_—
Georgia & Florida RR.—Earnings—
$20,271,618.—V.
-:1941
.
15,732
v
.
Period—
total,
$3,684,282
Prov. for
adjustment
stock,
sales
Administration and
24,404
expenses--
well
capital
Cost of sales, including
selling,
and delivery expense—
$1,385,694
4
taxes,
Liquidating Dividend—
final
a
9 Months Ended June 30—
'
balance
term
30,
14,463
17,795
19,100
operating
General
$1
Income
Dr$58,525;
declared
meeting held
Net
$575,915
57,293
84,864
103,687
rentals
payable Sept.
Dividends
cost),
The stockholders
$574,672
...
and
acquisition
812,331
earns.
to
loans from
on
Other Income
1942
2,942
gas
*Loss.—V.
deductions—
income
the
on
Operating
$607,046
3,707
(net).
Maintenance
39,842
cos._—
share
(Charles E.)
$626,671
Purchased
1
.
,
at
Aug. 20.
1943,
113,625
7,784
premium
pfd. stocks of sub.
on
2,
1943
Total
25,711
construction—Or—
to
shares,
taxes
Helvetia Oil Co.—Final
1,448,160
expense—net
charged
(2,718
The directors have
per
has called for redemption as of Nov. 1, 1943, all of
414%
first
mortgage and collateral trust sinking
$4,340,661
85,688
interest
Amortiz.
June
Provision
$2,019,435
—_
for Federal
pany at a
at
as
$623,729
Prov.
77,550
long-term debt
on
Aug.
last.
Arrearages
158, p. 191.
12 Months Ended June 30—
1,669,143
2,649,188
231,363
-
at
payable
577.
$1.50 per share on account
preferred stock, no par, pay¬
21.
A similar distribution was
Hamilton Gas Corp.- -Earnings—
Amort,
Interest
stock
dated Aug.
Abandoned
$2,096,985
—
deductions, less other inc._
Defiance
1, 1938, at 10114 and interest.
Payment will
be made at any branch in Canada
(Yukon Territory excepted)
of
The Canadian Bank of Commerce.—V.
158, p. 672.
2,098,362
742,640 V
781,043
78,104
750,397
1,682,931
Point
Hamilton Cotton Co., Ltd.—Bonds Called—
:
7,339,440
3,294,892
1,073,993
the
as
fixtures,
notes
1944, on 4%
etc., $86,income, $674,556; term loans from
banks, $1,900,000; 4% debentures, series A (subordinated), $800,000;
deferred income, $214,285; minority interest in
capital stock of sub¬
sidiary company, $217,278; capital stock and surplus: 7% cumulative
preferred stock (par $25), $1,641,125; common stock (par
$2), $504,344;
paid-in surplus, $93,869; earned surplus, $1,886,224; treasury preferred
575; provision
p.
Non-productive
*
3,707,759
1,066,010
pro¬
486.
p.
profits tax, $41,500; .furniture and
total, $20,271,618.
•*
*
payable, unsecured, $10,400,000;
officers, employees, etc., $95,054; current maturity on
banks, $500,000; sinking fund requirements to June
debentures, $100,000; accrued interest, miscellaneous
Federal
4,007,147
office
expenses
oper.
1,939,493
2,030,381
amort.
commercial,' general
known
158,
excess
Liabilities—Notes
include
Railway—Trackage Rights—
approximatel 43.5
of
value, $2;
Green Mountain Power Corp.—Accumulated Dividend
f.
12 Mos. '43
$12,984,417 $11,809,868 $25,543,455
1,818,248
1,949,806
3,704,433
revenues
Maintenance
Traffic,
Subs.)—Earnings—
1943—6 Mos.—1942
taxes
profits taxes of $1,788,533 for the 12 months
$946,822), after deducting estimated post¬
(1942, $58,310).—V.-158, p. 290.
Non-operating income
General
-
•
income
ICC recently approved the acquisition by the Great Northern
Ry. of trackage rights over the line of the Northern Pacific Ry. between
amounted
General Foods Corp.—Special Offering—A special of¬
fering of 50,000 shares of common stock- (no par) was
made on the New York Stock Exchange Aug. 17 by
Fahnestock & Co. at $41 per share, with a commission
of 60 cents—V. 158, p. 576.
Federal
(1942,
The
i
nominal
excess
1943
Great Northern
-
for
refund
war
"
Y The
;V-;;
directors", have declared an. extra dividend of 12V2 cents per
share and the usual quarterly dividend of 12V3 cents per share on the
common
stock, both payable Sept. 15 to holders of record Aug. 31.
Like amounts have been disbursed each quarter since and including
March-15, 1941.—V. 158, p. 86. YY-'; ' v,." y;;,v"Y y .JY1- Yv
,.y"Y;
above
credit of $198,725
war
1;; Gay lord Container Corp.—Extra Distribution—
V
respective periods.
shown
amounts
ending June 30,
cigar machines operated under lease and royalty
contracts (less reserve for
amortization of $810,691), $143,486; de¬
ferred charges to operations, $153,153; total, $30,902,503.
1 payable,
Federal income and excess profits taxes
effect to the provisions of the Revenue Acts
purposes
applicable during the
use
Liabilities—Notes
comparative
•have been restated to give
ventories, $22,429,941; sundry assets (including $50,000 for estimated
post-war refund of excess profits tax), $136,586; goodwill, trademarks,
patent rights, etc., $1; land, buildings, machinery, equipment, furniture
and fixtures (less reserve for depreciation of $2,207,971), $2,204,973;
771
to
be
500,000
be
Issued
June 30, 1943
Assets—Cash, $3,461,378; total receivables, $19,154,431; net receiv¬
ables, $16,697,802; prepaid interest and other expenses, $70,936; post¬
The certificates will be issued under the Philadelphia plan,
as
Illinois Central equipment trust, series W, and will
known
by Pennsylvania Co.
Annuities, as trustee.
The equipment to be
senger
cars
and
6,458
,
for Insurances on Lives and Granting
•
covered consists of 582 locomotives, 535
freight cars, of which the original cost
pas¬
was
and
$71,803,431
depreciated
the
value
Vice-President, at Room 1207,
Liberty St., New York 5, N. Y„ before noon (EWT) on Aug. 30.
and sale of the certificates and the acceptance of any
26
bid
Com¬
The issue
conditioned
are
the
on
mission.
off
pay
the
158,
sale
the
p.
of
will be used
The
totaled about
company
admitted
total
$111,429,704
The
Illinois
The
missed
this
prohibiting
ment
company
to
Champaign and Danville, 111.,
mission, said.
■
:
:
and
1942,
the
'
During the latter part of 1942 the company incorporated a subsidiary
as St. Clair Processing Corp.,
Ltd., to operate certain units of
financed
by the Crown company,
Dominion Government synthetic rubber program.
on
Total
Oper.
come
Net
production was obtained mainly from the Turner
Alberta and the Fort Norman field in the Northwest
In addition to its own production the company purchased
Calendar Years
for
Recount
S'A
1942
from
♦Income
1940
8,037,173
4,756,288
business
$8,217,412
$8,806,977
$6,929,825
9,553,791
10,521,082
13,915,596
3,108,106
3,183,990
3,206,704
expense
_
income
8,822,006
8,536,703
_
taxes__
$9,907,630 $40,033,421 $38,843,563
Other
398,520
1,594,080
1,246,546
__________
on
1,918,170
1,680,119
8,175,770
7,425,063
6,417,700 '
446,000
7,440,890
1,861,303
2,170,160
343,800
1,636,653
$0.54
.
(After providing for
producing subsidiaries.
Balance Sheet, Dec.
1,662,515
1,684,023
6,958,149
7,092,330
595,103
573,580
2,071,652
1,937,686
229,453
206,179
933,110
hand and
of
iQther
inventories
1,509,977
Crl9,927
169,048
—:
37,303,872
4,183,644
advances—.
companiescharges
copyrights, trade marks
48,974,261
602,979
and
277
——
284
■■■■■
Land, buildings, plant, transportation and other
equipment
,
(at
Total-
cost)
___
.___
§44,826,797
_
LiabilitiesAccounts
Amounts
owing
for
Reserve
crued
Reserves
for
••Capital
ttCapital
Total
insurance,
annuities,
stock _
surplus
3,692,149
9,443,607
26,735,554
28,458,202
77,974,960
etc
,
—
•Valued
the
on
basis
accrued
miscellaneous
on
$84,236,940.
of
market
interest.
ULess
tLess
investments.
$4,792,600
which
quotations
§After
paid
38,119,226
of
less
in¬
taxes
promised only
further complications
other compli¬
for the com¬
Commission's
efforts along
and a wasting
of the
in
Note—At
liabilities
subsidiary
31,
on
the
aggregating
had
company
$2,307,000.—V.
156,
p.
outstanding
Industrial Brownhoist Corp.
Months Ended
Profit
from
Provision
International Paper Co.
of
less
'
Other
facilities
for
for
income
"
*'
•
..983,741
■
Taxes
119,000
and
2,684,930
935,990
than
28,664,916
profit
_________
Note—Operations
Federal
excess
Price
profits
of
the
Adjustment
on
war
$236,786
—
Outward
corporation
for
agencies
contracts.—V.
are
the
157,
p.
also
subject
to
determination
2043.
review
of
Securities
Corp.—Debentures
Heavily
Oversubscribed—61 savings banks have sent in subscrip¬
tions totaling $23,584,000 in response to the offering of
$5,000,000 10-year 3% debentures by the corporation. In
accordance with the terms of the offering, subscriptions
in amounts up to and including $10,000 will be alloted in
full and subscriptions in amounts over $10,000 will be
alloted on an equal percentage basis.
of the
view
In
success
of this offering
it is understood that corpo¬
wholly owned by the savings banks of New York State, will
its policy of acquiring sound mortgages in other States and
will from time to time offer
additional debentures for purchase by
the savings banks.—V. 158, p. 392.
ration,
continue
Prov.
for
Ltd.—Dividend
Securities,
On
,
The
record
In
directors
per
Aug.
accord
dividends,
it
have
Bank
semi-annual cash
payable Sept. 30 to
a
distribution
stockholders
of
of
now
the
present
appears
as it affects taxibility of
other dividends', paid or to
Revenue Act,
that
this
and
share
per
on
dividend
a
Sept.
payable
paid
75
15
to
cents
of
$1
share on the
of record Sept. 1.
per
holders
share
per
each
quarter.—
1943—12 Mos.—1942
—
-$823,821
459,239
$706,112
417,553
$3,284,014
1,891,539
$2,935,303
1,695,268
76,101
72,737
302,371
other than Fed.
Taxes,
inc.
&
Federal
Net
290,872
210,755
29,405
202,222 :
$163,792
$147,888
(net)__„
172,218
79,786
$688,626
$685,659
847
195
1,671
1,067
—$164,638
income
$148,083
$690,298
$686,727
56,875
56,875
227,500
227,600
5,289
5,289
3,059
21,154
6,854
long-term
on
Amort,
38,529
74,425
'
income
income
Gross
50,264
taxes__
profits taxes
oper.
Other
profits
excess
income
Fed. excess
Int.
Co.—Earnings—
1943—-3 Mos.—1942
-
expenses___/_
Operating
debt
■'
of debt discount
and
expense
General interest
Interest
'
1,578
—___
charged to„ con-
'
•
21,154
9,780
\
-
-
*
Cr47
Cr835
Cr645
Cr6,195
$100,944
$83,696
33,062
$435,435
132,250
$434,488
33,062
$67,881
$50,634
$303,185
$302,238
structiom
Net Income
Preferred
divs.__
stock
Balance
,
—V.
157, p.
132,250
Kansas City Public
,Ry. passenger
on
Bal.
;
bus
pass.
14,040,902
21,630,500
1943—Month—1942
684,169
1,296,719
3,257,088
59,524
1
;
after
oper.
(social
$692,323
445,675
$5,777,623
3,204,131
$3,945,139
2,763,090
$246,648
$2*573,491
$1,182,048
45,984
18,575
236,027
111,450
7,220
14,263
Fixed
charges
costs
(general)
security)
.
a
Depreciation—
..
Balance
6,174
21,227
43,408
74,435
$317,386.
for inc. taxes,
employees'
participation & .contingencies
Reserve
359,639
2,393
2,757
•
5,178'
-
Net
65,267
110,956
127,174
2,828,994
5,782,255
5,384,845
275,133
•202,543
514,408
41-2,742
•V*/ 3,425
3,467
55,514
___:
1,712
r,'
1,734
Fed.
taxes
profits
addi.
inc.
taxes—
&
2,172,230
Can.
$129,386
393:
158, p.
.
'
U.
$107,536
459,084
„
37,076
138,353
106,775
taxes-
426,820
-
$1,738,183
$468,350
ICC
.
recently
the
$468,350
/
s
;
^
O,
*;
Co.—Merger, Etc.—
merger
of
the
properties of the
Southern Ry.
City & Grandview Ry. into the Kansas City
ownership, management, and operation. .5
.
'
granted ;to
obligation and liability "in
cipal of, and: the interest on, not
& Grandview Ry. first mortgage
Jj
t
-—-..
$769,183
$107,536
.
approved
>1
969,000
.
Authority .also'-was
101,771.
Notes to Replace
; -
1,708,220
oth.. for.
*
; :
■.
-the Kansas City Southern Ry.rtO
respeet-of. the payment of-the prin¬
exceeding $3,000,000 of Kansas City
guaranteed gold bonds, series A.
10,559,799
10,255,437"
exc.
taxes
&
93,136.
188,000
income
The
■v 4,004,295
7,619,814
profits taxes
State
.
96,789
Kansas
for
24,619,082
1,803,352
4,351,036
7,880,478
normal
exc.
Poss.
13,917,559
1,080,465
4,389,535
Profit
Federal
62,440
•
■>,
assume
4
84,872
-
.
Kansas City Southern Ry.
6,074
2,900,563
pfd. stk. of sub.
on
632^381
$459,289
costs
1,115.316
912,225
$990;941
531,652
'
189,692
110,290
8,699
1,666,986
158,216
13,830
revenue—___
$2,135,002
285,426
.
rev._
$3,113,540
1,385,720
debt-
Depletion
1943—6 Mos.—1942
$383,642
31,939,105
640,726
funded debt
other
Service Co.—Earnings$533,469
revenue.
Taxes
12,761,521
3,648,782
10,984,802
29,759
Depreciation
Div.
3b—
Total .revenue
—V.
on
*
2252.
Period End. June
2,010,006
6,431,324
1,839,113
179,827
accs.
Operating profit
3,947,635
171,508
188,332
353,721
51,234
155,674
1,113,650
Equipment Contracts—
;-o
'
The
recently
ICC
authorized
the
company-
to
issue
$1,179,806
of
promissory notes, in evidence of, but not in payment -for the unpaid
principal on certain equipment contracts.—V. 158, p. 393.
S. Fed. post-war exc.
Cr438,953
profits
Net
Cr761,98l
Dr745
profits tax credit
Canadian
Cr5,677
profit
of
trans,
foreign
to
•
res.—
share-
•2,320,083
$0.64
V 205,965
320,057
profit
per
com.
The
•4,343,201 v'(4,639,982
$1.11
$1.27
Coke Co., Ltd.—11/2-Cent Div.—
on Aug. 14 paid a dividend of iy2 cents per share.on
stock, par $1, to holders of record Aug. 11.
Like amounts
company
common
(2,170,087
$0.55
•' -
Aug. 17 declared a dividend of 25 cents per share
stock, 110 par value, payable Sept. 15 to holders of record
Aug. 28.
A like amount was disbursed on March 15 and June 15, last*
.'while
in 1942 ' the following payments were made:
March
16 and
The
on
•
International Coal &
the
Keystone Steel & Wire Co.—25-Cent Dividend—
post-war exc.
tax credit
31.
with
cents
6,333,254
11,756,520
doubtful
Interest
Earns,
declared
Share,
p.
Operating revenues
.
Net
Group
1,850,326
*
Bank
Group Shares—
$.01822
63,270,631
5,250,920
1,007,519
1,651,651
subs,
Institutional
declared
$5,
Kansas Electric Power
.
Amor, of debt disc. & exp.
Institutional
have
company
Period End. June 30—
.
60,300,017
3,174,873
5,336,026
expenses
Interest
v
50
994.
157,
.
___
by
possible
of
dividend
a
par
no
par
the
and
freight
delivery
865,000
$182,390
stock,
Previously,
Operating
inc.
___
Sell., gen. & admin, exp.
Net
declared
have
stock,
directors
The
common
106,303,790 117,352,323
55,338,474
31,786,419
repairs—
and
(other
taxes)
J
862,000 •;•
V
Laughlin Steel Corp.—50-Cent Oividend—
directors
common
* '■>
.
54,181,296
.
Mainten,
23,100
70,000
profits taxes
excess
'
54,294,458 104.161,939 115,230,245
1,044,016
2,141,852
2,122,078
53,197,554
(net)
Total
130,165 !109,247
18,382
Provision for Federal and Canadian income
disc.'-
Pulpwood, lab., mat., etc.
___.
outstanding shares cf 414% cumulative pre¬
payable Nov. 1 to holders of record Oct. 18.
$100,
par
Taxes
S/: 1942
$1,317,334
$1,298,737
bonds____.
on
the
value, payable Oct. 6 to holders of record
Sept. 3.
Similar distributions
were
made on Jan. 6, April 6 and
July 6, last.
Payments in 1942 were as follows:
April 6 and July 6,
75 cents each; and Oct. 6, 50 cents.—V. 158, p. 487.
1943
r
interest
contingencies
rets.
and
sales
Gross
(& Subs.)—Earnings—
•
•
as follows: March 20, 60
cents; and
40 cents each.
usual quarterly dividend of $1.0614
were
declared
158, p. 578.
The
1943—6 Mos.- -1942
1943—3 Mos.—1942
$
depreciation of plants and amort.
defense
Provision
30—,
also
the 50,000
ferred
All other
(& Subs.)—Earnings—
contingent
254.
operations
for
Provisions
June
share on
stock,
1942
in
21 and Dec. 21,
directors
Trolley
allowances
6
on
Payments
Motor bus pass, revenue
478.
p.
company.
1942,
to
20
June 20, Sept.
per
declared a dividend of 25 cents per share
shares of common stock of no par value,
16
holders of record Sept. 4.
A similar distribution
June 21, last, as compared with 40 cents on March 20,
Sept.
made
was
Aug.
on
outstanding
560,000
persons
Period End. June 30—
Dec.
directors
the
on
to the prompt prosecution of a plan are removed the
affected by it.
"It is believed that this procedure will best preserve the value of
the system's assets and that under the jurisdiction of the court and
subject to the approval of the SEC, the details of the liquidation of
the
company
can be
worked out fairly and economically.—V. 158,
depreciation
1942
lines
equitable to all
than
accrued
for
reserve
account
on
was
158, p. 6731,
among
designed to solve
the problems as they then appear.
Any such plan will, of course, be
subject to approval by the Commission and the court as fair and
15,264,192
;j;Including
';
current basis.—V;157j p. '2043;
management proposes to file a new or amended plan
••Represented by 26,965,078 shares of no par value, issued
outstanding,
ft Arising from revaluations (in 1915 and 1920) of
investment
.
Joslyn Mfg. & Supply Co.—Larger Distributioh—
earnings.
and
*
Jewel Tea Co., Inc.—25-Cent Common Dividend—
V.
application requests,
existing barriers
77,974,960
187,390,455 181,295,366
reserves.
not
company's assets in litigation and other unnecessary expense.
Com¬
pany has accordingly withdrawn the plan and the board of directors
has
unanimously approved the present course as being in the best
interests of the company and its security holders.
As soon as the now
ac¬
________________________________
cost—plus
of
other
and
!
15,264,192
surplus—-—38,757,016
Earned
terest
3,894,770
companies
earning's
on
Canada—
in
10,065,678
115,810,533
subsidiary
to
taxes
taxes
17,230,781
___
basis
hearing will be held on Oct. 8 in the Federal District Court in
on
an
application of the SEC in proceedings for carrying out
order of July 2i, 1942, directing the liquidation and dissolution of
those
payable
of
$872,709
*$693,856
•$23,551
currently declared on pre*
$204,099
full accrual
subsidiaries.-
ton
approaching maturity of the company's debentures and
cations made it
apparent that it would be impossible
pany to carry out its plan or otherwise comply with the
order without the aid of court enforcement.
Continuing
43,103,735
187,390,455 181,295,366
_
income-*
net
requests made by the Commission,
••
'
Irwin*L. Moore,; President, states in part:.
"Promptly after the entry last year of the Commission's order for
liquidation the company proposed a plan of compliance through dis¬
tribution of its portfolio in kind to its security holders on a fair and
equitable basis
after certain necessary rearrangements of its sub¬
sidiary companies.
Unavoidable delays in effecting those rearrange¬
ments, the assertion of certain claims against International Paper Co.
affecting practically all of the company's assets, the institution by
certain
stockholders of
derivative suits based on these claims, the
4,394,020
a
Byron Cherry has;been elected a Vice-President.—V,
L.
Jones &
,
4,251,274
45,557,343
830,096
;
—
;
419,736
'
(at
Jersey Central Power & Light Co.—-New Vice-Pres.—^
Cr66,615
opposo the
and
mortgages
4,472,706
and
prepaid
patents,
licenses
10,500,486
subsidiary
and
Goodwill,
5,646,279
investments
in
"
contracted prices)_^__-iLl'r^_i-i'v'jt^ 700,956
and supplies (at cost)___i'_Ll__
201,746
Against which current liabilities (including current taxes
of $95,630, royalties of $29,966, and accounts payable of
$46,403) amounted to
171,998
Cash dividend of 046,078 was' pard on the preferred stock in March,
other things, that the court take
exclusive jurisdiction of the company and its assets, leaving the com¬
pany in possession and enjoining interference by legal proceedings or
otherwise.
Company has filed an answer stating that it does not
17,250,969
36,182,266
loans
miscellaneous
Miscellaneous
Deferred
5,276,869
u
Investment
?
____f $404,700
receivable -(sulphur)
sulphur
against,
of subsidiaries
stocks
This
'
18,252,716
—22,386,825
receivable
receivable,
accounts
-
pipe material
—V.
the company.
i94i
13,173,147
___
bonds
other
receivable-
accounts
(Deferred
and
bills
and
-
*
200,000
Inventory of
Hearing On Liquidation and Dissolution, Oct. 8—
its
1942
in banks.
Canada
,*'? *
:
Bonds
Inventory of
A
31
■
accounts
♦
•
879,991
15,192
of
Boston
Assets-—
on
War
•
The
subs.
•Deficit,
present abnormally high costs caused by war conditions,
tTrade
S.
-
company'at - the' end rof ' the six imbnths
liquid '* assets 'bf;;i: the
-
1943.
subsidiaries-
of
ferred
selling, administrative and general expenses, and after setting up a
reserve
of $626,170
for future
shrinkage of inventory values from
•Dominion
U.
the
all
Cash
The
The
2,478,369
charges
Consol.
1
assets'- and depletion • of
fixed
for •.depreciation .-of
.'A-*-
ended' Junevi30;:'1943;v wbrfe-ifsMonowtf:^
Cash on hand and in-b'an ks__!_•
payable
requirements
net in¬
income
$785,543
$0.65
$2,661,530
$0.60
'■ $1,180,558
—
•Exclusive of Canadian
'
1942
t$292,029
sulphur and <oil- properties and taxes.•-
1,594,340
taxes__
pref. and
stks.
A
come
$14,663,097 $16,144,069 $17,638,717
13,482,539 13,482,539 16,853,174
profit
paid
Dividends
.Balance, surplus —
Earnings per share
After•.'.•..■provision••
,
^; (LOSS V".>
1,594,080
306,469
and
income
(Dividend
$7,337,092 $10,708,892
$6,445,685
income
net
1943
..$56,624..
.earnings
chged.
taxes
ded.
class
398,520
313,305
profits
excess
Other
Net
Jefferson Lake Sulphur Co., Inc.—Earnings—
6 Months Erided June 30
%
Minority int. in
.
'
9,733,353.
2,486,053
;
of
__ ______
deprec.
profits
Divs.
(net)
Canadian
for
165,768.35 shares, of outstanding
keeping these-payments on
%397,867
_____
Canadian,
Prov.
'■ ■'■
&
against operations—
U. S., income &
excess
3,940,991
4,660,486
Other income
4,187,160,
14 declared a dividend of 50
Aug.
on
payable
discount
debt
for
Prov.
6,410,243
depreciation
•Net inc. from Canadian
28,537,822
.
Hydro-Electric
of
and
1941
debt
debentures
on
Intl.
■
4,868,076
for
2,306,600
2,188,972
subsids.
System
Provision for Canadian income taxes
Provision
funded
debt of
Amort,
business__t$19,495,731 $21,504,636 $15,627,104
Canadian
4,50QJ12
-•:;•,
$10,556,394
income
oper.
on
Int.
barrels of Canadian crude oil.
during 1942 a total of 4,354,453
Income
.
than
other
_nt.
in
Territories.
the
on
Accounts
32,907,813
1.058,664:
Distribution—
cents per share
common stock, no par value,
Sept.v -10^ ta holders.' bf- 'reoord'vAugi 31.'. Dividends^' :in ■ dike amounts were paid-on March 10
and June 10,-'this year. Disburse¬
ments during5 1942 were as follows: March 10, June^lO' and* Sept. 10,
50 cents each; and NoV.l 25, $1.—V. 157, p. 2043.
' ■ •
directors
<
This
1941.
field
intaxes)—-—
$80,390,551
.*
6,474,822
1,165,949.
(other
Taxes
During 1942 the total production in Canada of crude oil, separator
naphtha and absorption plant product accruing to Imperial and its
was 2,810,102
barrels, as compared with 2,560,821 barrels
Valley
.'
7,467,671
power
subsidiaries
during
purch.
incl.
exps.,
1943—12 Mos.—-1942
$21,378,986 $19,747,716 $85,978,649
revenue—
Maintenance
certain auxiliary equipment for ac¬
rubber polymer plants and
of Polymer Corp., Ltd.
count
revenue
income—net
Other
development
butyl
SystemH&-Subs.)—Earn;-
$20,857,569 $19,392,811 $83,621,913 $77,960,996
521,418
354,906- 2,356,735
2,429,555
Operating
This synthetic rub¬
is situated directly south of and adjacent to Sarnia
property which Imperial Oil, Ltd., sold to Polymer Corp.,
Ltd.
Imperial Oil, Ltd., will furnish to Polymer Corp., Ltd., certain
quantities of selected gases, representing the major portion of the
materials from which Buna S and Butyl rubbers are to be manufac¬
tured.
St. Clair Processing Corp., Ltd., will operate the butadiene and
ber
refinery,
,
4
Jaeger Machine Co.-r50~Cent
Co.—30-Cent Dividend
1943—3 Mos.—1942
Period End. June 30—
■
1
143,
'
Light Co.—Stock Increased—
Aug.
on
company
The
a
common
International Hydro-Electric
constructed and
Polymer Corp., Ltd., as part of the
at Sarnia, now being
synthetic rubber plants
new
since.—V.
none
-
are
increased its capital stock $1,400,000 to a
total of $16,400,000 in amended articles of incorporation filed with the
Secretary of State at Des Moines, Iowa.—V. 158, p. 87.
v
The
(
known
the
13 declared
Aug.
on
figures
$27,905,076,
against
premiums amounted to $28,215,240
based ori investments at market
■
■
1943
Iowa Power &
partly
were
dividend of 30 cents per share
stock, no par value, payable Sept. .27 to holders, of
record Sept. 10.
Similar distributions were made on March 26;.and
June 26,
lash which compares with 40 cents . per.-, share, .paid
quarter from Sept. 26, 1941, to and including Dec. 26, 1942,—rV
p. 1460.
$
i
.
Imperial Oil Limited—Annual Statement—
Harrison Smith, President, in the company's annual report said,
part:
value
from $47,083,323.
International Cigar Machinery
on
G.
in
market
surplus,
The directors
487.
of its service.—V. 158, p.
railroad discontinued this part
the
at
holdings
investment
value, rose to $75,The general voluntary reserve of $2,000,000
capital of $12,000,000 remained unchanged.—V. 157, p. 2251. •. - ,
while
404,225
the road petitioned the Commission to abandon service
on this line, but the Commission denied the petition.
Dividend pay¬
ments were barred on the grounds payment would impair capital if
In
earlier.
year
company's
Unearned
road's agree¬
Bloomington,
John D. Biggs, Chairman of the com¬
stock.
The dismissal was based on the
improve service on its line between Decatur,
capital
assets on
a
14 reported in its semi-annual statement that
June 30, last, increased to $139,355,196 from
responsible for the improvement, having gained $24,188,380 to $112,967,095 from $88,778,715 on June 30, 1942.
Cash of $14,766,843 was
more than double
the $6,786,309 sum a year ago.
announced it has dis¬
from paying dividends
recently
Commission
Commerce
citation
a
its
on
Ban Removed—
RR.—Dividend
Illinois Terminal
Aug.
on
last year;
Dec.. 19,
and
30
subject to any change in income and excess
profits tax rates and to the effect of possible renegotiatioii of con¬
tracts.
(The figures for the three months and six months ended June
30, 1942 are exactly as originally reported in 1942 and do not reflect
adjustments covering retroactive changes made in the treatment of
certain items as explained in the report for the third quarter of 1942
and in the annual report for the year 1942.—V, 158, p. 578.
•The
«
North America—Assets Gain—
.
certificates
the
Co. of
Insurance
i
which originrlly
debt
the RFC
486.
of
last
$37,000,000.—V.
by
Commerce
Interstate
the
:
obtained
be
to
Cash
to
of
approval
■
July.
on
2055.
p.
will not be
will be free
to their recipients..
Dividends paid on
were not subject
to this tax.—V. 158, p.
words, they
other
In
tax.
paid
were
Group Shares, Insurance Group Shares;-,
subject to the Federal income
from Federal income taxationthese shares during last year
87.
•
'
paid this year on Bank
and Aviation Group Shares,
be
will be
1,. ,1943,
Sept.
of
as
$30 170,347.'
Bids will be received by R. E. Connolly,
Monday, August 23, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
772
•June
V.
directors on
the capital
16, '35
158,
p.
cents each; Sept.
487.
v.
Key West Electric
All
of'the
15, 30 cents,
...
«..•./
.
15,
25
..
cents;—
:
,
Co.—Redemption of Bonds—
$409,000-outstanding
bonds due'Aug. 1-,
and Dec.
•
first mortgage 5%
50-year gold
1956, have been called for redemption as of Sept, 3,
<
Volume 158
1943,
Co.,
State St.,
a
Mass.
been made whereby any
holder of the above bonds may upon surrender of the same immedi¬
ately receive the full redemption price, together with interest accrued
thereon to Sept. 3,
1943.
5
is
It
53
trustee,
announced
that
Net
'
98,046
ofler.
Balance
19,733
•4,344
•70,847
•52,849
3,596
41,964
(net)*.*..
47.086
Preferred
dividend
1,810
22,608
forms
be
$62,141
24,374
i.->
moderate
of
in
portable
ore
The
amounts
vision
shown
for "estimated
for
above
Average
Value
include
taxes
income
pro¬
grade
in
and
profits taxes of $30,725 for the 12 months
ending June 30, 1943 (1942, $10,808), after deducting estimated post¬
war credit of $3,248
(1942, $952).
dividend
extra
of
of
cents
25
West, Fla., Completed—See Engi¬
158, p. 393.
last,
extra
an
Dec.
share
1846.
the
on
,r.
*
U
1943
$8,185,468
3,130,555
810,151
t
406,817
income
870,847
The
402,200
21,200
'19,000
Non-operating income
"For
of
received
112,237
Taxes
143,536
15,421
debt*——J_*——_i—
funded
on
debt
bonds
on
of
and
Interest
on
Interest
charged to
discount
and
expense-
interest-*
consumers'
.
deposits,. etc
3,888
Crl2,427
Miscellaneous deductions from gross income...
Net
22,533
—V.
158, p.
673.
19,102
$856,976
income
$693,030
6
Petroleum
Corp. above—V. 158,
p.
LeTourneau, Inc. (& Subs.)
Period End. July 31—
Net
Net
income
eral
before
$3,107,052
198,420
185,593
10,318
10,695
$0.42
$0.39
$4.83
$4.59
Earnings
Net
sales
Net
Months
Ended
July
income
after
taxes
based
contracts
results of
upon
Lincoln Stores,
Period Ended
158,
have
?
declared
17 to
•
initial
an
holders of
stockholders.
be
"Future
dependent
the
directors
the
with
stock,
common
the
were
first
cents;—V.
15
Aug.
157,
p.
dividend
a
payable Sept.
distribution
follows:
as
for
1942.—V.
Interest
per
dividends
of
success
future
V'.'"
earnings have
no
company's investment of
yet been accrued
as
or
$113,125
Production
1 to
Ended
15
cetns;
this
Nov.
year.
16,
June
30—
sales
Net
'
.
$9,249,330
revenue
(incl.
in
retirement
term
earnings
Tentative
cents
share
per
and
S.
U.
:
based
Prov.
on
for
excess
The
/ y,
•48,311
56,437
211,869
666,156
626,127
•Includes
the
"OqI'pb
492,435
376,621
757,297
577,170
250,000
240,549
250,000
300,000
$511,469
$587,908
$812,497
$0.51
$0.65
$0.67
$1.05
premium
on
retirement
of
long-term
157,
debt.
p.
tOn
1945.
McGraw-Hill Publishing Co., Inc. (& Subs.)—Earnings
6 Months Ended June 30—
1943
1942
1941
.$592,742
—
Outstanding shares
Earnings per share
•After
of
com.
stock
——
.
$428,273
595,000
$0.72
595,000
$0.93
all
preciation
Majestic Radio & Television Corp.—Making Post-War
Plans—New Director—
production
of
activities
demand
by this corporation to meet
for radios and radio equipment
by
the
make a
to
company
157,
TA'f
2045.
p.
<
Corp.
Subs.)—Earns.—
(&
1943—3 Mos.—1942
llVVitt
.V
"
'<•'
•
1943—6 Mos.—1942
''-•
■
••
$15,908,561 $12,643,170 $26,188,621 $23,688,44®
(excl.
de-
V
and
9,922,935V
depl.)
Selling
953,350
Prov.
7,765,450
16,500,378
14,215,389
$4,877,720
$9,688,243
$9,473,051
1,585,972
1,591,450
2,938,703
3,081,81*
$4,399,654
762,680
and
29,803
expense
dividends
on
$2
preferred shares..
balance
for
expense
taxes
the
in the
1943
period
such
of
Act
1942
$150,527
*
the
income,
on
Revenue
Months
includes
amount
The
1942.'
32,197
$844,980
and
admin,
$3,286,270
$6,749,539
$6,391,237
period was $1,025,827.
tLoss.—V.
and
gen.
_i_*_*_*
exps.
Other
inc. "credits (net)
int.
and
divs.
received)
419,664 >
Income
Deprec.
:
and depl.-s.*
Leaseholds
356,192
817,987
445,797-
$3,642,462
$4,819,318
$7,567,527
$6,837,03*
1,656, K3
671,607
858,265
1,418,909
214,863
307,023
473,283
477,520
•2,004,200
1,185,480
^2,619,200
1,735,480
$1,928,648
$1,291,694
$3,056,135
$2,967,851
$1.03
$0.70
$1.64
$1.4®
surrendered
abandoned
for
Federal
and
income
on
s t$122,451
provision
Net
for
being computed in accordance
provision for Federal taxes on
Ended
June
158, p. 291.
1943^/
30—
operating revenue*..
income
call
income
;
Earnings per com. sh;__
•Includes
adjustment necessary to provide for estimated Federal
profjts tax for the first six months of 1943, less post-war
excess
1942
$6,335,617
_
earnings
gross
215,269
$6,100,569
3,856,785
222,483
—
**_**__*-
*
liabilities
State and Municipal taxes**—
provision
assets
ings
355,923
of
funded
on
50,278
-i 11,869
11,869
tion
,
.
of
11,920
Utilities
subsidiaries—
Utilities
5,504
Associates
taxes
the
income
in
5,957;
723,842
723,841
$2,398
Revenue
Act
1942
v
$24,830
period includes $703,431 provision for
amount being computed in accordance
1942.
The provision for Federal taxes on
1943
such
income,
on
the
*:i*._*_——_
the
for
expense
Federal
with
balance
of
period was $634,015.—V.
directors
Aug.
on
17 declared
a
157, p.
2350.;;''.;
adjustment
quarterly dividend of 35
cents
/
2045.
p.
Stores
Co.,
of
Gross
earns,
Oper,
exps.
from
&
1943—Month—1942
of
The
157,
p.
30,
1942,
current
$5,737,442.
statement of
above
possible
earn¬
renegotiatiw*
2451.
deprec.
646,126
3,478,856
$4,742,776
3,104,450
$316,170
$288,358
$1,590,843
stock.
filed
two
weeks
ago
the
with
Commission
a
pfam
of both subsidiaries into one corporation aa®
by the merged company of 3,605,951 shares of com¬
mon
stock having a total par value of $36,059,516 in exchange for
and in cancellation of the outstanding shares of prior lien, preferred
merger
common
stocks
of
both
companies.—V.
Electric
Railway
158,
p.
291.
Transport
&
Co.
(&
Sub.)—Earnings—
Operating
other
than
normal
excess
State
income
Provision
__*__*__***_i.**-*—i
expenses
Federal
for
income
and
taxes
604,000
438,460
744,035
♦1,115,800
183,000
1,610,577
$1,067,815
$1,111,621
3,812
$1,061,717
$1,115,433
356,667
___*.*_;
~75~60i
1,823,871
Dr(!,097
taxes
'383,069
2.352
530
depreciation—***************.
—
—
fund, debt (on bonds held by parent
'_*__*__:—.*_**,****__
*__**____
bond
of
interest
Other
3,398,535
—*__..
taxes
income
company)
Other
9,172,437
894,876
;_*._*__**.;
surtax
Net operating revenues
Non-operating revenues
on
$14,861,799 $11,378,76®
_
»
profits
1942
1943
12 Months Ended June 30—
Operating revenues
$1,638,326
$5,069,699
Revise
to
issuance
Amortization
702,528
Time
and the American Public Service Co., to comply with »n
4, 1942, requiring the termination of one of the sub¬
the capitalization of the survivor to consist of a single
common
Interest
$1,018,698
Extends
/'
companies
the
for
1943—5 Mos.—1942
oper.
$934,484
in the
June
were
June
and
Gross
Power Co., Ltd.—Earnings—
31—
On
result from
may
Corp.- -SEC
West
providing for the
Taxes,
Co.—Secondary
Offering—
Blyth & Co., Inc., on Aug. 12 offered 4,000 shares com¬
mon stock
(par $10) as secondary distribution at $53.50
a share, ex-dividend.
Concession to NASD members $1
a share.—V. 157, p. 1084.
Mexican Light &
made
that
contracts.—V.
war
Milwaukee
the common stock, par $1, payable Sept. 20 to holders
Sept. 4.
Similar payments were made on March 20 and
June 21, this year.
Distributions during 1942 were as follows: March
20, 60 cents; June 20, 50 cents; and, Sept. 21 and Dec. 21, 35 cents
157,
income.
additional year was granted Aug. 18 by the SEC to the corpora¬
its subsidiary holding companies, the Central & South West
order
and
on
Department
on
the
and
sidiaries
Master Electric Co.—35-Cent Dividend—
per share
of record
taxes
•
$41,123,476 and currew*
aforesaid reserve far
were
therein
Subsidiaries—
An
and
10,558
net inc.
Massachusetts
of
expense
retired—
expense
interest in
divs.
and
discount
debentures
on
interest
Minority
Pfd.
debt
debt
of
1943,
1,172,619
$828,694
30,
including
provision has been
for any
41,965
State
and
Government
$796,136
June
post-war
less
v-y".', ■"';i :V
; '■
of
as
tax
profits
excess
$32,905,730 and current liabilities
were
1,232,046
Federal
$8,228,309,
were
Note—No
217,849
for
$130,800.
Federal
assets
3,525,485,
—372,990
of
Current
$5,885,300
$6,480,439
———
.
tlncludes
refund
144,822
premium
Net
—V.
earnings
158, p. 291.
expense—
charges**
deductions
—
—*_*,**
.
1,464
770
4,326
400
$698,490
___*_—*
•After
6 Months Ended June 30—
high post¬
will
include
credit
Net
profit
depletion****
common share**—**
before
per
1942
1941
$1,094,889
(est.)
Earnings
a
income carried to earned
Net
surplus**
$729,151
,
Miami Copper Co.—Earnings—
•Profit
Reconversion
retained
$559,629
587,900
$1.01
charges, including provision for Federal income and ex¬
cess
profits taxes, and after a reserve for post-war contingencies of
$200,000 in 1943.—V. 157, p.- 1946.
war
sales
V) and
;_*__*—_—___*
discount
debt
Period Ended May
profit
'loco
Federal
$403,456
$19,687
shares.—V.
allowances
of
59,718
each.—V.
225,000
728,100 shares of common stock outstanding.—V.
•Net
1,
common
Period End. June 30—
249,419
May
share—
been
Mid-Continent Petroleum
59,718
of
interest
Other
/
possible U. S.
per
con¬
cumulative preferred stock, which has a definite maturity
1957, and which is now callable at 110, in addition to
6%
Sept.
on
206,646
debt
for
profit
the
Light & Traction Company.-
To Survey Financial Structure—
has
Co.
in
company
aim
356,826
24,398
.
charges
capital
$2,372,232
220,873
i
&
the
of
refunding of first mortgage bonds and serial notes, and pay¬
refunding of the preferred stock.
Provision may also be
a substantial amount
of additional funds for capital expen¬
shares of
44,721
Amortization
4
•'
$2,534,673
'
Net
Read
income
of the plan is to place the company in the soundest pos¬
position prior to the dissolution of its parent company*
Light & Traction Co.
)/;.v ''Vv '.V,-fY </
Michigan Consolidated Gas has outstanding $36,000,000 first mort¬
gage 4s, due Sept. 1, 1963, callable at 104 on 30 days' notice; $4,150,009
serial 4%
notes, due Aug. 1, 1944 through Aug, 1, 1948, and 20,00®
1943
1943—9 Mos.—1942
taxes
inc.—.
the
financial
expense-
•Tax
75,000
of
American
250,934
Municipal taxes
before
funded
on
Total
29,
14,027
*
Can.
of
American
185,934
The
profits tax liab.
fEarnings
inclusion
return
451,250
'
1942
prov.
provision
and
the
ditures.
sible
$1,447,566
.
Other
This
in
Dec.
T-''
contract
contingencies''
Tentative
$2,162,014
u—
..
or
" 2,364,521
_u*——
balance
•Federal,
23.
Payments
5.'.",
_*_*„*_—
war
120,000
stock
preferred
for
$1,440,029
.
Depreciation
on
•26,655
interim
against
~40~82®
$2,282,014
120,609
company's financial structure and to work out a plan
changes in its capitalization.
Capitalization changes will possibly
^ 2,129,803
.
Gross
1942
C:
loan)
Depreciation
67,787
refund.
1943,
prem.
on
of
long-
253,197
Cr54,819
177,609
•;
_*.*_________**__*_**___
Consolidated
$1,354,534
23,353
250,419
of the
ment
$9,202,882
90,757
40,255
expense**—
and
deductions
Dillon, Read & Co.
Cost
1942
158,
$6,345,076 $13,619,589 $14,963,565
.-■V
chgs.
$1,468,419
; $19,687.50
!
■
before
1,671,367
;_**_****.
discount
697,946
Interest
20 cents;
1943—3 Mos.—1942
—$5,893,876
profit
below
Int.
'
1,640,200
:
——
debt
other
tax
Dillon,
(& Subs.) ~
1943
—
91,00*
$3,127,925
to
survey
class
Period End. June 30—
$4,270,757
'_*_.—______—*. —$3,247,925
on
solidated
730,000
income
$3,644,503
i
255.'"',
$5,191,767
Balance
and
costs
Maintenance
holders of record Aug.
to-be. made
15,
$4,179,753
charged to construction
income
Net
•
,
Operating costs
$4,558,778
20
142,397
$4,987,893
203,874
—1
of
Miscellaneous
.
1943—6 Mos
of
1,925,061
$3,801,835
377,918
*__*__*__
long-term debt
on
interest
4,419,209
with
Liquid Carbonic Corp.—Earnings
Net
income
include
cents
respect to
relative
987,516
2,566,92*
2,717,245
.*
-
Middle
declared
profits taxes-.
excess
_**
Amortization
$9,380,491
•Tax
Inc.—July> Sales Up 19.26%—
have
-
income
Other
Massachusetts Utilities Associates (& Subs.)—Earnings
1943—Month—1942
$701,604
$588,314
and
operating income***
Other
579.
p.
Income
taxes-
1,5571483
1,713,840
2,682,847
****
___
made
five
of
Sept. 3.
-.A
reports that
the
action
upon
^
Vv'y..
Consolidated
Line Material Co.—20-Cent Distribution—
is
,
dividend
record
Consolidated balance before capital charges**
The
Net
for
1
,
271,759
5,741,431
1,168,481
♦Difference.
4,623,770
416,484
6
Sales
—V.
$0,10
gross
Federal
^
Co.—Meeting Adjourned—
July 31—
231,677
6,024,929
__**_*
$4,845,496
$9,340,086
$2.36
VA special meeting of stockholders, held Aug. 12 to vote on a pro¬
posed plan of recapitalization, was adjourned until Sept. 23 for-lack
of a quorum.—V. 158, p. 487.
-,.v
i
Total
75,796
^
$2.81
v
expenditures—.*.
expense
1942
9,319,842
10,738,865
*__***
****_*
State-taxes
1,137,226
72,746
renegotiation
-j'V;
Lincoln Printing
.
,
Federal
2,930,134
—*.
1943
$30,123,379 $26,171,851
y
-
for depreciation
local and miscell. Federal
State,
$35,236
$0.04
Preferred dividends of
1,337,536
taxes
394.'',";,'f'.i:-;
$15,001
$0.07
income
Other
1942
Note—Subject to final determination, an estimated amount has been
provided in respect to renegotiation for deliveries in 1943 on Govern¬
ment
$23,502
$0,02
Amortization
31
3,450,639
;
Preferred stock dividend .requirement-.**
Net income per share common stock—
p.
$7,528
operating
Interest
$20,761,910 $15,131,492
*
Federal
before
period
Distillate
Consol.
131,675
1943 ■'
*
income
Net
for 7
f-
v,:
operation
Preferred
2,195,713
require.*
2,297,911
125,709
;
revenues
Provision
8,500
•Federal, State and
6,285,519
-
394.
purchased for resale-Amortization of gas conversion
a subsidiary
_**__**
Minority interest in net income of sub.J
5,925,105
div.
742,731
$4,695,823
4,486,123
p.
(incl.
478,193
stk.
15,261
5,000
Depreciation
573,222
Pfd.
17,296
Maintenance
1943—12 Mos.—1942
-$2,716,229 $35,690,526 $25,096,238
Fed¬
taxes
income after taxes*
Net
158,
♦Due
8,500
from
Operating
inc. per sh. com. stk.
Net
898,901
$5,166,037
4,847,714
$5,985,627
Earnings—
,1943—Month—1942
.sales•-y.——_*
5,825,703
$778,241
Michigan Consolidated Gas Co.—Earnings—
$58,998
.
2,500
to
Months
Other
579.
'-v.
(R. G.)
$37,296
inc. taxes
course,
of
Gross
Creole
$40,354
Massachusetts Power & Light Associates
,
7,700,734
$945,099
$12,866,771 $10,521,526
12 Months Ended June 30—
25,872
$18,482
Earnings—-
Lago Petroleum Corp.—Merger ApprovedSee
111
8,352
Williams
notes
6,242
Cr7,957
construction
25.436
in the stock and
Corp., which during the past 15 months
has had under construction a recycling plant in Texas near the Gulf
Coast.
Construction of this plant was comnleted ^p-'y in. August and
it is now undergoing test operation.—V.
157, p. 2045.
1,945,000
981,036
income
Operating
$33,125
com. share
operations.
$2,809,905
Mr.
Amortization
18,859
$37,184
present it is intended to give consideration to dividend
only once a year," Alfred J. Williams, President, states
letter
a
will,
$2,883,183
1,881,560
_
18,553
$14,919
Dividend—
the
18,946
(net)*—
9,498"
$51,984
.
authorization
$2,379,064
430,841
i-**_———***—-i*i
$1,759,277
1,699,099
income-
oper,
Interest
1943—6 Mos.—1942
$55,737
$24,416
9,961
._*
directors
—$2,433,983
_*_*
454,200
—*
Net
—V.
$209,494
$225,802
8,454
Initial
v
372,922
542,300
tax—a***_*_-**___
—*
income
Net income for
in
Interest
produced
$18,461
share, payable Sept.
_
Provision for State income
income
96.8% y
21
Earnings per
retirements^u.'i^^^^^i^/-^'^>;53Tf532':,..''.':;530,274'.:
$2,644,181
j,
revenues-
oz.
$28,421
_—_*_
Prov. for Fed.
303,848
!
State, local and miscellaneous Federal taxes**
City of St. Louis gross receipts license tax
Provision for Federal income tax (excess profits
tax—none) **_,
Gross
0.266
1943—3 Mos.—1942
income
etc.
$7,528,338
2,650,183
302,929
*,
i—
18,965,082
taxes
Dividends
>•!.■
1942
Net
Depletion, deprec., dry
holes, leases forfeited,
•
,
—1
„*_*
expenses
Operating
4,464 tons
21,104 tons
oz.
production for the six months ending June 30, 1943, amounted
as compared with $482,065.24 in
1942.—V. 157, p. 2045.
Total
.
20,919,429
Maintenance
25,568 tons
98.49%
.Vy,,,
Other income
Co.—Earnings—
revenue
for
bullion
108,894
3,327,211
$467,303
Balance
common
\
Maintenance
Provision
0.290
Oper. exps. & gen. taxes
usual quarterly
the
declared
been
12 Months Ended June 30—
Operating
Operating
of
74,109
3,225,791
the
to
Maracaibo Oil Exploration Corp.—Earnings—
10. On Dec. 23,
disbursed, while one of $1.25 was paid
was
22, 1941.—V. 157, p.
Laclede Gas Light
and
share
per
have
pre-war
1942
4,334 tons
20,560 tons
-
funds
18,072
oper.
Other
1943
_
Period Ended June 30—
to holders of record Sept.
cents
of 50
cents
25
per
stock, both payable Oct, 1
on
the
added
Ltd.—Production, Etc.
sorted—
*
12,258
expenses—
Operating
Gross
Kimberly-Clark Corp.—Extra Distribution—
An
and
$5,104,560 $33,860,309 $29,5.95,502
rev.——
Gas
milled—
ore
Canadian
Operating
r
following
directors
Net
1943—6 Mos.—1942
1943—Month—1942
$5,882,230
revenue—
oper.
Operating
popular
models, with
24,894 tons
of
marketed
Total
to
Public Service Co. above.—V.
dividend
five
Uncoil,
said,
excess
Sale to City of Key
neers
combinations
he
table
like furniture than radio sets, he added.
reelected
Percentage of extraction
,
Federal
general,
' hoisted
low-grade material
Dry tons milled
$50,141
and excess profits taxes
effect to the provisions of the Revenue Acts
applicable during the respective periods.
probably
size,
,
Total
Federal income
purposes
and
Quarterly Report for Three Months Ended Jury; 30
24,374
$37,767
„
comparative
In
and
more
stockholders
*.
♦For
have been restated to give
wanted.
price
Tons
Balance
be
sets
Designs will look
common
$74,515
-
set will
McKenzie Red Lake Gold Mines
23,207
$4,347
requirements
appliances
the
$97,722
$84,749
1,789
amortization
type of
with
Wendell
Herbruck,
an
attorney of Canton,
Ohio.
William
Hutchinson, New York banker, was elected a director by holders of the
preferred stock.—V. 158, p. 291.
2.492
$5,403
&
Balance
radionic
contracts
Michigan Bell Telephone Co.—Earnings—
Period End. June 30—
Operating
board
$95,231
Br430
$6,158
will
The
$85,179
,
$7,192
***_*„__*i_*
sets
trend.
Dr251
-
in
what
new
$6,408
67
■
neck
our
knows
39,226
$7,124
revenues**
income
19,294
39,316
7,493
taxes**
2,063
3,277
3,669
income
Interest
$352,170
125,861
1,821
_____
taxes
Other
$382,461
and
and equipment, and "up
Signal Corps, as well as previously
made Army and Navy contracts," he declared.
"In breathing spells we
dig in on post-war plans, and are trying
to keep in a position to convert
quickly to peace-time needs," he said.
A high demand for radios is
anticipated, he pointed out, but no one
1943—12 Mos.—1942
3,276
Maintenance
communications
to
9,883
10,441
Depreciation
Other
for
$29,571
$33,824
revenues
Operation
Federal
have
1943—Month—1942
Period End. June 30—
Operating
Boston,
arrangements
773
substantial production of television equipment,
Eugene A. Tracey,
President, told stockholders at their annual meeting last week.
Explaining that Majestic is completely tied up in Government work
Payment will be made at the State Street
at 105 and interest.
Trust
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4205
1943
$926,240
$444,718
534,889
466,240
404,718
$0.71
$0.62
$0.54
•After
depreciation, etc., but before income taxes,
contingencies in 1943, and depletion.—V. 157, p. 2045.
provision
for
deducting
of
debt
$90,500.—V.
retirement
p. 194.
158,
credit
of
:
$36,700
"
/
and
post-war
Mock, Judson, Voehringer Co., Inc.—25-Cent Dividend
directors
The
on
of
the
June
V.
4,
157,
on
Aug.
last,
P.
30.
and
1947.
a dividend of 25 cents per share
$7.50 per share, payable Sept. 7 to holders
distribution was made on March.5 and
March 6, June 10, Sept. 10 and Dec. 5, 1942.—
Aug.
stock,
common
record
A
on
17 declared
par
similar
Gas &
Missouri
Operating
revenues
Operating
other
Taxes,
—
$666,530
455,195
$672,949
467,724
$159,134'
111,642
$167,317
114,184
expenses
in¬
than
14,940
13,470
55,404
56,121
Maintenance
7,900
5,800
30,700
27,002
Prov.
for
retire,
for
taxes
$30,293
$28,123
$119,121
Drl20
—
404
$30,173
$28,123
taxes
Net
operating income
Non-oper. rev. and ertp.
Inter,
income
Net
-
interest
157,
Net
Other
13,276
52,003
53,411
499
1,978
3,846
$65,544$70,955
$14,348
$16,838
income
$128,212
of
Earnings
•
*
Resinox
resins and molding compounds at this company's plastic
plant at Springfield, Mass., has been approved by the War Production
Board, John C. Brooks, Vice-President, announces.
The
new
facilities
have been made necessary,
according to Mr.
phenolic
by
Brooks,
phenolic plastics
high impact
demand for
increased
an
compounds in war applications. -K
The increased capacity will be devoted
128,196
Cr318
6,138
Interest
1,848,604
—L
debt
long-term
on
1,891,508
interest
Other
—
Taxes assumed
deductions
Other
Provision
:
Federal
for
177,561
2,200
11,431
—
taxes——
income
income
Net
dated
at
Springfield.—V.
158,
-V.
in 1941,
consoli¬
158,
Sales
$293,187,708
Earnings
—V. 158, p. 194.
Operating
rev
5,881
.
expenses
2,154,466
_
revenue
2-
'i.
Total gross earnings
Operating costs
-
-
,——...—._———.
/*>
711,725
611,212
4,290,225
$418,511
$2,598,908
$2,352,553
292,610
274,651
1,707,544
1,549,732
♦Federal,
3,321,408
income
oper.
income
Net
—
Interest
$7,836,456
2,944,071
158,
194.
p.
42,278
Months
6
Operating
1942
$5,087,314
3,826,177
$3,797,590/:
3,084,317
$2,209,808
income
expense
•
—
expense—
charges
against income
of subsidiary companies
—*
.
$1,261,138
$713,273
322,671
170,780
46,914
Interest
$2,532,479
19,090
$1,431,918
23,495
$760,187
34,664
Federal income taxes
Amortization of intangibles
11,783,000
25,147
899,400
25,119
196,800
24,826
6,959
♦Other
income
_
income
Total
——
for
Prov.
———
„
1,937
deductions
Miscellaneous
5,956
-;r''_________
•
.
.
.
•».
•
the
with
in
income
Net
income
securities
in
of
securities
on
$477,948
$2.82
includes
1943
for
income
$703,305
„—
-
$1.74
$1.84
from
investment
capital gain
share—
common
per
♦Other
Louis Public Service
St.
and $141,779
Co.
by that company#* tNo
called
income
$158,119
$496,938
$652,385
V.
158,
Uncoil,
&
Net
Co.—-To
Telegraph
—V.
holders
7 National Enameling & Stamping Co.—Earnings—
1943
6 Months Ended June 30—
Profit after charges but
for Federal income and
Prov.
281,762
$325,883
V $150,533
share
$2.84
/
$1.31
for contingencies.—V. 157, p. 2153.
$171,645
$1.50
—
Earnings per
♦Includes
common
provision
an
50
made on
cents
cents.—V.
for
the
of
retirement
the
remainder
of
its
outstanding
$6
pre¬
amendment filed with the Commission,
proposes a series of transactions which will facilitate the distribution
of the common stock of Carolina Power & Light Co. (subsidiary) to
the common stockholders of National.
This is a further step in the
dissolution of National, which was ordered by the Commission on
7,
..
cash
approval by the SEC of a new program to provide
Subject to
funds
ferred
■
stock,
new
National
sale
in
an
1941.
Aug. 23,
The
company,
of
its
of
$7
■-National also proposes to surrender to Carolina
be
to
common
the capital of
to
specified by
Carolina,
a
order
of Carolina
tribution of the common stock
as
a
to the
to
facilitate the
common
New York & Harlem RR.—Stockholders
interest
of
National,
income
an
National
bonds.
of
sum
dated
note
in
without
consideration
Power Co.,
a wholly-owned subsidiary
shares of capital stock (par $100), and
30, 1936, due Nov. 30, 1940, payable to
the
face
acquisition
Nov.
amount
of
$1,575,500.
of securities
in
its
Carolina
investment
proposed
at
account
$1,575,500 and to create a special reserve therefor
in the
company
to
\",'7,
amount.
to its own common stockholders.—V. 158, p. 676, 580.
stock through exchange of stock for the new
proposed to effect the exchange on the basis of $125
bonds for each share of $50 par preferred and common
of the Harlem.
~
v
is
It
share
.
the
Under
then
and
plan, Central will purchase the bonds
them for minority stockholders in the Harlem.—V.
proposed exchange
exchange
489.
158, p.
Co.—Earnings
New York Telephone
dividend
stock,
This
of 30
cents per
share
das been declared
on
the
common
value, payable Aug. 28 to holders of record Aug. 14.
with 60 cents paid on Dec. 22, 1942, and 30 cents on
1941.—V. 156, p. 1331.
no
par
compares
Dec.
20,
Uncollectible
Operating
Net
rev.-1
oper.
expenses
revs—
operating income
12,579,160
$3,089,963
Operating taxes
j
77,269,809
of
accumulations
20
on
cents
the
$2
per share has been declared
cumulative and participating
on
account
class
A
of
stock,
For
of
tFederal
♦Net
England Gas & Electric Association—Output—
the
week
ended Aug.
13
this Association reports electric
output
12,800,543 kwh.
This is an increase of 1,063,830 kwh., or 9.06%
production of 11,736,713 kwh. for the corresponding week a
above
year
income
Net
—V.
Gas
output
for
the Aug.
13 week
is
reported at ill,320,000 cubic
$405,0Q0
for
$330,684
$0.50
y
the
for
first
the
:
half
first
$0.41
,
of
six
1943
months
Report—
1943
v
$330,092
148,950
miscellaneous taxes.;—
payable to Fifth Avenue
and
•V 19-12
$799,999
—
17,605
64,021
67,498
$587,028
——
$244,990
47,642,224
31,233,046
41,846,831
26,297,644
4,418,439
tax——:
surplus, June
-
30
to
New
13,511,570
2,401,970
quarterly
Note—Regular
stock.—V.
quarter,
157,
were
2352.
p.
dividends of $2 per share, amounting to
paid April 1 and July 1 on the preferred
,
Inc.—Secondary Distribu-.
Pacific American Fisheries,
tion—Blyth & Co., Inc. on Aug. 18 offered 34,100 shares
of common stock (par $5) as a secondary, distribution at
share. Dealer's discount 50c.—V. 156, p. 2137.
per
(& Subs.)—Earnings-
Pacific Gas & Electric Co.
1943
its
13
taken
was
30
postponed from Aug.
Gjpss oper.
operating and admin, exps., taxes (ex¬
cept Fed. taxes on income), and prov. for insurance, casualties, uncoil, accts. &
pension
v
'
;
Months
Gross
Other
Ended
operating
June
^
30—
revenue
'.1
:
t.
v-
earnings
gross
Maintenance
State
and
3,022,740
2,942,198
292,312
income
taxes
—
capital charges—-
Bond and
i
1,459,097
Net
1,541,373
on
funded
of
$1,078,823
interest
discount
and
expenses
227,500
Preferred
dividends
98,333
342,117
Consolidated balance for
♦Tax
company
on
Aug.
on
to
Pacific
———-'
on
common
com.
divs.
and surp.
$425,312
$286,164
—
p.
of
C.
22,576,317
21,256,680
stock—1
———
—'
8,211,510
14,167,895
13,045,170
12,522,548
12,522,548
1,645,347
to common
stock—.
522,622
$2.26
$2.08
■
■'
Savings & Loan Co. (Calif.)—Liquida¬
Holders and Creditors—
Loan Commissioner of the State
week announced results to Aug. 7 of the State's
of certificate holders and creditors of this company voting
Mortimer,
California,'last
official poll
2,010
8,408.422
tion Favored by Certificate
Frank
1,682
293.
Pacific States
Inc.—Registers with SEC—
17 filed a registration statement with the
Commission concerning the proposed offering
158,
14,862,781
21,258,690
&
——
Earnings per share—
—v.
11,874,559
17,880,532
by
stock—
preferred
Remainder—Applicable
Dividends
Gas
Balance^—-•—•——
for the 1943 period includes $596,524 provision for
Federal taxes on income, such amount being computed in accordance
with the Revenue Act of 1942.
The provision for Federal taxes on
income in the 1942 period was $656,734.—V. 158, p. 195.
Securities and Exchange
Co.
Electric
'
Dividends
342,117
expense
Northeast Airlines,
capital, stocks held
Remainder—Applicable
6,743
111,326
on
47,996,030
22,577.999
to surplus—
subsids.
of
24,398
5,840
expense
Minority interest in net income of subsidiaries-
income
income———
taxes1 on
public and minority interest in undistributed
earnings for the period--rri'-Li-'-i.iJ--_-ii_-'
?
$998,248
44,721
debt.
debt
—
Federal
for
228,554
51,368,697
10,930,166
1
:
other interest, discount and other in-
deductions
Dividends
.
Interest
come
<■
Provision
505,646
162,500
balance before
47,767,476
367,317
——.—
Gross income
330,843
490,000
__
Municipal
118,647'
■"
$6,318,308
l_r;
Consolidated
1942
$6,199,662
'■/ $6,342,973
—
;
—
Depreciation
♦Federal,
1943
56,655
:
17,070,896
51,021,380
V,
$6,286,317
—
57,375,626
19,092,527
Properties (& Subs.)—Earnings
income
62,592,813
to intervene
Miscellaneous
North Boston Lighting
$
132,706,720 122,213,998
revenue—--
iviaint.,
hearing on the proposed merger of seven
Corp. subsidiaries into one operating unit.
since the first hearing in Syracuse on
their desire
1942
$
because
interested
many
has
second
Power
Hudson
Commission
Service
parties have voiced
subsequent hearings—V. 158, p. 581.
July
in
Public
York
action
3,374,682
months ended June 30, 1943 and 1942,
and $224,778, respectively, does not include
$107,431 lor the 1943 period, and $277,192
$543,001
12,714,058
Hudson Power Corp.—Hearing Postponed—
Sept.
Niagara
The
$224,778
undistributed
income
of
for the 1942
period, applicable to the stock owned by The Omnibus Corp. in its
operating subsidiaries.'
tProvision for Federal income taxes has been
calculated on basis of current
rates.
Under the Revenue Act now
in effect the corporation is not subject to Federal excess profits tax.
of
12 Mos End. June 30—
Niagara
20,212
$543,001
3,808,018
:
30———
income for the six
♦Above net
44.027
.
——
—
$2,658,824 $16,409,178 $15,549,187
2,915,267
—_
income
for Fed. income tax
prov.
158, p. 676.
The
ago.
$0.20 " ;
taxes
subsidiaries)
from
before
income
Earned
par
New
with
subsidiary—
a
income
$11 %
Net
Other
value, payable Sept. 15 to holders of record Sept. 10.
This
compares with 10 cents paid on June 15, last, 20 cents on March 15,
1943, and 10 cents each on Sept. 1 and Dec. 1, 1942.—V. 157, p. 1848.
no
Net
.
75,437,720
7,077,263
8,306,565
5,216,602
operating
"
dividend
Federal
,$398,610
.
2255... /,
long-term
Co.,
$123,983 each
19,711,728 125,179,307 117,584,383
55,305
267,274
299,832
21,554,925
43,321
13,205,039
revenues
Amortization
Nestle-Le Mur Co.—Accumulated Dividend—
A
expenses
on
6 Mos.—1942
:
$
Operating
Operating costs
A
1943-
1943—Month—1942
Period End. June 30—
Total
Neon Products of Western Canada, Ltd.—30-Cent Div.
157, p.
$158,877
$0.27
for
compared
as
(dividends
Coach
value of
par
6
Subject to the approval of the Commission, and upon consummation
transactions outlined, National, as a further step in its liquida¬
tion, proposes to distribute its holding of common stock of Carolina
.
5
Aug.
on
the
same
of the
pro rata
the
of
stockholders
River
$716,285
1943—6 Mos.—1942
,
provision
General
minority
the
acquire
dis¬
consisting of five
such
record
Roanoke
in
"
,
$213,875
share-
com,
Sub.)—Earnings—
(&
1943—3 Mos.—1942
charges
Interest
Approve Bond
approved the issuance of
$7,820,000 non-callable, 100-year, 4%
mortgage bonds incidental to
the offer made by
New York Central RR., lessees of the road, to
The
also proposes to transfer to Carolina
; Natinal
its
$3,423,176 ,-$2,692,279
3,03C,794
2,621,241
nority Stock—
National.
of
478,390
Omnibus Corp.—Semi-Annual
number of shares of Carolina
in
amendment
for cancellation,
$486,465
515,643
6 Months Ended June 30—
...
preferred stock of Carolina as previously
proposed.
Recently 138,000 shares of National's preferred stock were
retired with the proceeds of the sale of National's holding of Houston
Lighting & Power Co. common stock.
-Upon approval of this amended program by the,Commission, National
proposes to surrender to Carolina for cancellation,
as a contribution
to
the
capital of Carolina,
its holdings of $7
preferred stock of
Carolina consisting of 16,806
shares (no par).
Subject to approval
by stockholders and regulatory bodies, Carolina proposes to reduce its
preferred in the amount of $1,680,000 and create a capital reserve for
adjustment of plant account in the same amount.
contribution
Payments during 1942 were as
Issue Incidental to N. Y. Central's Offer to Acquire Mi¬
provides for the retirement of 12,000 shares of
outstanding without the use of proceeds from the
holdings
$576,346
——
1942.—V.
Sept. 25, 50 cents each, and Dec. 29, 75
$6,009,680
3,317,401
$1,069,336
$8,854,306
583,371- 5,426,130
293.
Note—The
of
.
income-
p.
per
1943—6 Mos.—1942
$3,343,862 $25,922,675 $19,516,784
7,373
29,830 :#
54,705
2,266,653
17,038,539 13,452,399
—
taxes-——
totaled
Co.—Earnings—
$1,537,268
960,922
revenues
oper.
Income
program
preferred
$4,437,651
4,079
2,896,304
rev.——
taxes
158,
Earn,
share,
$1 per
157, p. 2154.
Stockholders
National Power & Light Co.—Files Amendment to Plan
dividend of
1943.
March 26,
March 27, June 27 and
follows:
" 73,562
♦1,539,534
-
profit
and
of
1941-
$245,207
excess
profits taxes J
.Net
'
1942
$432,295
$1,865,417
before taxes
quarterly dividend
Sept. 1 to holders
i
' '
kwh., as compared with 34,248,000
last year, an increase of 18.0%.—
Norwich Pharmacal Co.
applicable
quarterly period ending Sept. 30, 1943, payable Sept. 24 to
of record Sept. 9.
This compares with a quarterly of 50 cents
extra of 50 cents paid on June 25, last, and a distribution
the
to
v
States Power Co. for the week ended'
Telephone
Period End. June 30—
Omnibus Corp.—$1 Dividend—
a
regular
the
1943—Month—1942
expenses
Oper.
Net
declared
have
paid on the common stock on
A distribution of 30 cents per
12, last.
The only other pay¬
(Del.)-—Weekly Output-
Co.
totaled 40,396,000
corresponding week
Net profit after
directors
The
16.
July
declared
11
Aug.
revenues--—
oper.
and
1943,
^
$1.80 On
100% in common stock on June 24, Cash
as follows:
March 17, 65 cents; Oct. 31,
of
one
was
Net income
par
New York City
in
and
*
1
'
677.
Operating
Pay
credit has been taken, for
totaled $537,284
158, p. 292.
than Federal taxes
$425,634 in 1942 and $340,016 in 1941.—V.
other
Note—Taxes,
the
Operating
;
post-war refund of excess profits taxes.
was
on
States Power
1943,
p.
Operating
676.
p.
issue
Period End. June 30—
17
Aug.
on
stock,
capital
share
per
this
Northwestern Bell
;
declared a dividend of $1.50 per share
$100, payable Sept. 30 to holders of record
Sept. 10.
This compares with $1.25 paid on June 30, last, and $1.50
on March 31,
1943.
Distributions during 1942 were as follows: March
31, $1.75; June 30, $1.50;
and Sept. 30 and Dec. 31, $1.25 each.—
directors
the
and administration
Electric Corp.—Pays
&
1,325,849
Dividend—
Larger
The
for
158,
$4,480,335.—-V. 158, p. 676.
was
Telephone
England
New
on
Earnings
343,342
1,325,849
14,
kwh.
V.
389,436
$760,637
1942 period
$1.80
on
directors „on
Aug.
44,973
2,125,027
on
the
year
Northern
the 1943 period includes $4,689,038 provision for
income, such amount being computed in accordance
Revenue Act of 1942.
The provision for Federal taxes on
taxes
Water
Electric output of the Northern
for
expense
Federal
33,411
2,124,970
H;,
balance
Consolidated
♦Tax
profit
Operating
divs.
Minority interest in net income of subsidiariesPfd. divs. of New England Power Association—
1941
1943
$7,630,138
5,420,329
June 30—
Ended
Operating
interest
Preferred
Subs.)—Earnings—
National City Lines, Inc. (&
treatment and delivery,
157, p. 2047.
t
$1 per share on the $4 preferred stock, payable
record Aug. 16.—V. 158, p. 195.
258,812
Other
Other
—V.
of
made
this
The
of
3,057,572
276,781
27,395
and
discount
share—
per
2,022,000
$7,896,333
——__
debt
debt
of
$5,383,600
$2.40
payments during 1942 were
50 cents; andrDec. 23, $2.
8,590,546
expenses—
balance before capital charges—
funded
on
Amortization
280,000
$5,664,500
$5,585,453
$2.53 •••W
$2.49
holders of record Aug.
to
was
ment
of
Consolidated
Net
dividend
A
2,993,673
8,736,937
Municipal taxes—
and
State
3,094,761
$443,864
taxes
Operating
$5,447,314
$6,889,133
$1,029,753
$1,155,589
revenues
oper.
profit
mining,
expenses.—V.
Aug.-17
1,828,564
2,034,360
.
288,000
Common Stock—
.
;$36,802,247 $34,276,751
12,967,636
14,873,085
———
Maintenance
2,200,000
profit---.*—:
Northeastern
$36,373,581 $33,825,306
' '■ 428,667
: ■ 451,446/
:
Depreciation
Net
net
♦Including
general
share
$2,830,278 $19,246,826 $15,985,518
9,515
36,804
54,987
1,791,010 12,320,889 10,483,217
$3,315,930
revenues
oper.
Operating
operating
Other income
1943—6 Mos.—1942
1943—Month—1942
Period End. June 30—
Estimated
.
270,000
depreciation—.:
net
1941
___2,202,000
taxes__
for
1
1942
1943
Gross
& Telegraph Co.—Earns.
Mountain States Telephone
'
V.
(Incl. subs.)
Months Ended June 30
12
/
income $11,036,272 $10,991,277 $10,911,202
2,899,772
2,917,824
3,225,602
production.
for the week ended Aug. 14,
for the week ended Aug. 15, 1942, an increase of 2.55%.
Output for the week ending Aug. 7, 1943, was 61,594,137 kwh., an
increase
of 6.50%
over
the corresponding week last year.
1943—6 Mos.—1942
1943—Month—1942
$41,811,462 $42,520,745 $302,341,971
—
-
metal
for
with 60,545,388
Inc.—Sales Down 1.6%—
Montgomery Ward & Co.,
i
1942
1943
production and misc.
of
Estimated
of kilowatt-hours available for
1943, as 62,090,513, compared
number
the
reports
-
Mines, Ltd.—Earnings—
6 Months Ended June 30—
Reserved
Association
its territory
Period End. July 31—
as
♦Cost
676.
p.
.
also operates other daily flights to Moncton as
to Bangor, Portland, Augusta, Houlton and Presque Isle, Maine.
'
England Power Association—Output Up 2.55%—
New
The
675.
p.
new
Johns, N. F., in as little as 15 hours and 10 minutes.
corporation
Noranda
$194,026
$413,430
__
>
,
between
21-passenger Douglas planes on all flights.—V. 158, p. 677,
Cr2,303
29,180
,
flights
air travel time between these points was 18 hours 30
with train time requiring 2 days, 15 hours and 30 minutes.
Reserved
when
Uncoil,
well
10,796
181,715
4,856
"
—
The
1,718
.
interest—_—
discount and expense
on
Amortization of debt
(;
one-stop
of this corporation pointed out
schedule will enable passengers to travel from
officials
previous
minutes,
Mr.
present Resinox building at Springfield was completed
all plastics manufacturing activities of Monsanto were
The
153,736
this
York to St.
Best
of'V additional
Canada,
Eastern
that
week
New
Service Improved—
announcement
the
and
and
over
Air
Metal
entirely to high-priority war
critical situation on phenolic
the
and will not relieve
Brooks said.
applications
materials,
With
pick-up and delivery of mail, express
400 New England communities.
the
throughout
Newfoundland
-
1943
\
1942
—.$2,611,500
$2,440,972
for
system
passengers
Boston
Provision for taxes other than Federal income—
for
facilities
manufacturing
additional
of
Construction
2,996,165
——
—
Expansion
copter
last
Expenses
Expand Plant—
2,912,781
the
In addi- '
terminal.
company's plans for development are threefold:
■
to and through New York to the West; (2) across
North Atlantic to Scandinavia and Northern Europe;
(3) a heli¬
the
(1)
$3,751,675
302,382
Only
Company
Income
Monsanto Chemical Co.—To
342,976
income—subsidiaries—
England Gas & Electric Association
New
tion,
89,297
$4,176,003
—.
-
from
deductions
Company has been aggressive in its efforts to
important transcontinental and trans-Atlantic
;
an
2,296,511
87,058
Curtis, and Stone & Webster and Blodget, Inc.
have Boston become '
*
1,704,126
$4,088,945 ' $3,662,377
—
-———i—
.
12 Months Ended June 30—
1847.
p.
other
at
Webber, Jacksojj &
1,111,662
1,146,120
1,673,631
2,097,97.1
plant and equipment
than Federal inc. taxes
of prop.,
income
$119,526
527
—
income
—V.
Other
12,809
long term debt
on
General
:_
———_
—
Operating income
(net)
Gross
$18,268,601 $17,076,198
8,301,522
9,261,934
$128,212
profits
excess
income
1942
1943
Prov.
&
come
Federal
holders
(Incl. subs.)
12 Months Ended June 80
Earnings
Operating revenues
Operating expenses
stock
the
of
of
1943—12 Mos.—1942
1943—3 Mos.—1942
Period Ended June 30—
V
additional shares of common stock (par $1).
Public offering ,.
will be subject to the offering to the present stock¬
the public offering price in the ratio of two shares of new
stock for every three shares now held.
It is expected that the proposed issue of 200,000 shares of stock
will be underwritten by a group headed by Lee Higginson Corp.; Paine,'
of 200,000
feet, an increase of 8,836,000 cubic feet, or 9.55% above production
92,484,000
cubic feet in the corresponding week a year ago.
Co.—Earnings—
Service
Electric
Monday, August 23, 1943
& FINANCIAL CHRONICLE
THE COMMERCIAL
774
Building
and
Volume
Number
158
THE COMMERCIAL & FINANCIAL CHRONICLE
4205
-on
liquidation, reorganization or segregation of assets.
Returns heavily favor proposition No. 1,", Sale of assets by.the State
•at fair market values and payments to claimants of the proceeds in
cash.
The
official
'
'
returns
are
'
For
"2.
For
,3.
For
segregation
Amendments
Legislature
in
the
be
or
found.
In
the
of
and
will
not
poll
their
being
is
the
record
to
wishes
of
of
votes
be
the
continue
known
for
a
has
Res.
places.—V.
149,
Public'
Pacific
4183.
p.
A.
ish
•
&
(other
inc. &
'
'
for
Total
44,193
186,033
53,130
187,984
86,144
373,101
382,175
113,938
256,464
230,912
$1,373,011
71,000
•>..
27,304
to
$701,027
$545,628
$1,471,315
54,864
105,666
211
579
;K
net--
2,892
2,881
• vr
'
Cr225,000
4,980,000
3,714,866
9,165,134
excess
44,460
—
been
The
S.
assets
been
net
A.
of
foreign
both
foreign
income
periods
income
earned
ending
and
$0.59
2155. V:
p.
:'.5
'
$480,207
$625,566
$196,013
$1.34
$0.42
Provision
period
in
months
$1,610,000
:•
v
•('
1943
for
-
0.16
0.06
Profit
0.24
0.43
for the U.
.♦1943
: (
revenues
Total
gross
Operations
revenues
£22
income
Federal
excess
taxes—
3,083,088
taxes-
funded
on
provision
has
been
excess
normal,
taxes-——_
surtax
made
was
.959,610
86,662
Sept.
$6,516,551
831,458
143,992
(Cr)
date
for
U.
made
S.
at
long
on
Preferred
of
term
debt
$170,712;
total,
aid
the
on
10
to
holders
March
on
6 ft
10
cumulative
of
and
record
10, Dec.
10
and
Dec.
June
21,
Aug. 30.
last, and
10,
1942.—V.
157,
(And
Net
5,
directors
the
on
no
on
Aug.
value
par
17
declared
common
stock,
payable
S.
deferred
Government
(less
for
reserve
and
supplies,
$161,134;
charges,
'
charges and
the
British
\
(estimated)
taxes
share
common
Subsidiary)
1943
1942
$3,123,000
$3,043,000
$1.64
$1.60
—
directors
share
Aug.
V.
'
declared a quarterly dividend of 35 cents
stock, par $1, payable Sept. 10 to holders
Similar distributions were made on March 10 and
12
common
20.
10, last.
-
Payments in
and
Aug.
on
the
on
Dec.
1942
11,
158, p.
were
678.
follows:
as
quarterly
a
of
;
10,
35
,
Sept.
cents
10,
and
•
.
initial of
an
extra
an
of
35
15
■
cents;
cents.—
■
..K,:
1948.
p.
dividend
a
per
record
Philadelphia Electric Co.—Weekly Output
Penick & Ford, Ltd., Inc.—7o-Cent Dividend—
The
insurance, etc., $18,710;
U.
materials
(Chas.) Pfizer & Co., Inc.—35-Cent Distribution—
$100,
June
receivable
$98,352;
158, p. 294.
The
distribution
March
$471,813;
notes
Subsidiaries, other than
profit after
—V.
of
A similar
on
cash,
$12,007),
1943
Pepsi-Cola Co.—Earnings—
account
par
of
30,
accrued
items, $6,904; reserves, $1,108,393; contributions in
construction, $3,692; capital surplus, $278,172; earned surplus,
total,
$5,611,337.—V. 157,
p.
2050.
of
June
stock,
41,973
June
6 Months Ended June 30—
$0.33
preferred
Sheet,
$273,413;
$237,645
on
$60,941
41,982
$5,611,337.
laneous
....jJIffllUtoH
share
11,977
cumulative preferred stock
(6,997 shares, no par),
$349,850; common stock (42,500 shares, no par), $42,500; long term
debt, $3,042,000; accounts payable ($20,002 to affiliated companies),
$50,780; customers' deposits and accrued interest thereon,
$225,610;
accrued
general taxes,
$58,873;
accrued
Federal
and
State
income
taxes, $156,819; accrued interest on long term debt, $14,332; miscel¬
216,000
per
9,879
8,976
'
Liabilities—$6
$453,645
$1.01
accounts
prepaid
Earnings
dividend of $1.50
155,232
9,879
expense
deductions—
dividends
uncollectible
,,
1,156,660
other
Assets—Utility plant, $4,590,522;
securities, $100,095; accounts, and
A.
$727,052
a
155,140
and
$163,898
and
.
the
1942
$1,883,712
,1.1
7,896
$238,029
debt
discount
interest
Balance
rates
profits tax for
share.
common
7,741
$337,893
'
income
Net
of
excess
157, p. 2255.
accumulations
+2,446,508
debt™—.——————
(net)
and
—
—
payable Sept.
894,321
1,931,620
—
at
1943
12,207,513
$4,528,282
interest deductions
of
2,848,021
,
924,850
Fixed assets
Peabody Coal Co.—rAccumulated Dividend—
387,893
1,806,022
—
———
operating revenue
Interest
A.
$230,133
—•
lower
approximately $2,850,000 compared with
corresponding 1942 period.—V. 157, p. 1948.
the
The directors have declared
3,721,457
457,837
profits
S.
>;600
$330,151
—
income
Miscellaneous
-per
-^14,733
4,319,993
deprec,, deplet. and amortization-,
State, local and miscell. Federal
-V.
778,524
-
$17,051,692 $19,022,264
———
_.
for
Federal
*1942
38,998
---
Maintenance
profit
Earnings per
-—+$16,100,682 $18,229,007
912,012,
the
the
is
charges but before
Federal
Net
.
—™_-——-I 'X
at
in
periods.
1943,
taxes
75,929
31,176
—11,051
income
Gross
,--W'P
after
Estimated
_
revenues
m'ior
30;
profits
62,840
tax
earnings
Interest
(chiefly
sheet
6 Months Ended June 30—
Panhandle Eastern Pipe Line Co. (& Subs.)—-Earnings
Gasoline
balance
94.630
$1.59
amorti¬
Parmelee Transportation Corp. (&
Subs.)—Earnings—
$1.03
'
■
the
in
June
excess
1942.
about
$276,842' vY.
of
in
countries
121,350
surtax
tax
Amortization
foreign
included
effective in
profit
™—_
in
Net
.
Other
$7,807,560
net
For
(2)
88,920
88,920
$1.44
quoted market rates of exchange at June 30.
included
at
approximate U.
S.
dollar
cost
assets)
and
44,460
$0.64
and
profits
income
In
485,500
.
$7,075,766
$0.80
60.066
120,965
;
7,230,826
On
U.
644,800.
$3,149,165
share
542,884
78,774
normal
State
$3,905,704
Crl0,012
41,780
taxes
Federal
,
500,000
period
have
858
charged to construction
depreciation—
General
45,000
V 323,534
;
for
Federal
Crl45,000
United
States,
amounted
to
approximately
$1,070,000;
of
which
approximately $730,000 was from the British Empire,
It will be noted
that the periods
ending in 1943 have benefited by transfer to the
.'
.
12 Months Ended June 30—
Gas revenues
Other
220,000
1942
$1,439,114
358,906
571,632
purchased from affiliated company
•
Provision
•
—
profits tax (net)
Net
>•
,
current
1943
$1,608,134
:
revenues
Operation
profit yielded from foreign operations in the first six
months of 1943
through foreign branches and sales made direct from
the United States, before provision for
profits not transferred to the
United
States,
before
provision
for
profit not
transferred
to
the
5,760
5,784
247,200
324,400
Empire)
tries.
income &
share
stock
157,
Taxes,
$16,595,900 $15,083,386
the foregoing basis, the net assets
(mainly net cur¬
foreign countries as of June 30, 1943, amounted to
approximately $4,700,000, of which approximately $3,355,000 were In
the British Empire (England, $1,325,000; Canada,
$1,155,000; Australia,
$745,000; India, $130,000) and the remainder in Latin-American coun¬
326
.
-•'
.Prov.
Operating
General expenses
.
decline
Net
acquisition.
disc.t &
per
pfd.
Other
Peoples Water & Gas Co.—-Earnings—
Income
rent
110,974
347
—
Earnings on com. stock
held
by public-.™-- '
—V.
157,178
deducting depreciation of plant and equipment and
patent rights,
(After allowing for post war refunds.
of
have
$1,171,687
52,085
surplus
Earnings
1st
168,962
1943—7 Mos.—1942
$2,630,952 $19,602,756 $17,523,411
Maintenance
Brit-•:••','.
per com.
of official or
25,648
17,276
debt
_
subsid.,
Estimated
>
34,374
$7,084,031
1943—Month—1942
$2,867,721
678.
p.
Years Ended June 30—
-
six
:
Dr32,864
values--
for
Notes—(1)
British
$1,146,040
10,389
35,500
prof, taxes (est.) %
on
pfd. stcck of
subsidiary
$535,240
$648,251
,
charges-
for Fed.
zation
106,954
127,918
miscell.
debt
of
1943—6 Mos.—1942
Fed.
funded
on
of
exp.
r
$3,441,032
1,574,951
——-
&
income
Amort,
V
100,673
15,200
.
U.
profits taxes
profit
♦After
$4,116,109
2,027,388
income
••—
interest
Divs.
125,420
not
—1—
est.
and exc.
y
819,397
amor.
than
int.
Interest
exc.
57,776
77,313
—
the
the
inventory
Net
$1,709,689
repairs
operating
Rentals,
Prov.
to
from
tProv.
,
1943—3 Mos.—1942 '
prof, tax.)
exc.
.Dividends
V
158,
" Dr373
$8,660,704
profits
for possible
in
1,035,842
Deprec., depict. &
Taxes
>
—V.
July 31—
sales
$16,286,318 $14,858,399
$6,992,254
Net
3,112
secur._
Empire
Res.
the
$2,042,237
revenues
Maintenance
Other
$8,513,461
income
for
S.
:-•
Service Co, (& Subs.)—Earnings-
Period End. June 30—
Operating
Operations
Net
Peoples Drug Stores, Inc.—July Sales Up 9%—
Period Ended
1943—12 Mos.—1942
Natural gas
transferred
been
not
with $2 paid on June
15, last, and $1.50 on March 15, 1943.
Disburse¬
during 1942 were as follows: March 14, $2; June 15 and
Sept, 15,
$1,50 each, and Dec. 15, $1.75.—V.
157, p. 2454.
ments
exch.
or
marketable
Total
completed.
Large
to come in daily and final official results
few
weeks.
Many votes will come from
poll
1
28
cents
66,818
sale
on
of
who
those
with the
company.
The results will aid
solving the involved affairs of the company."
that
1943—6 Mos.—1942
operations
Miscellaneous income
savings
said
30—
securities
Gain
may
said,
V'-V; V/
'?>'.%
JS.'
is in the hands of the State for the
taken
from
Earnings
:
;;
way
and creditors, the State being the legal
the assets and operator of the properties,
of
Feb.
12V2
Mortimer
Commissioner
subject
and
,
distant
,
feasible
1.
Mar.
on
follows:
each; Sept, 1, 25 cents regular
37V2 cents.—V. 157, p. 2454.
Income from marketable
Building and Loan Association
and
made
was
as
cents
and Dec.
♦Profit
Loan Law enacted by the last
and open the way for reor¬
equitable
25
Period Ended June
>
mandatory.
company
custodian
Mortimer
not
the
384,360.17
a
fair,
a
the
upon
of
Commissioner in
numbers
14.39
2.36
of 42,000 claimants
official
Mr.
2,347,805.78
and
p'
business
•placed
>
effective
if
State
-
official
The
become
is
commenting
"The
Building
just
The law
protection
1330
221
last.
1,
1,
775
Parke, Davis & Co. (& Subs.)—Earnings—
83.25
segregation of assets of
hands
V in partr
$13,579,660.71
assets—
the
to
have
ganization
>
v
of
June
June
extra;
8530
reorganization
and
20.
A similar payment
Distributions in 1942 were
%
Balance due on claim
Number
liquidation
holders of record Aug.
and
follows:
as
•
.
1.
to
of
The
-
75
Sept.
cents
14
to
share
per
holders
week
of
of
record
output
Aug.
for
14,
158.
this
1943,
13,224,000 kwh., or
V.
Sept. 1.
A like amount was paid on March 13 and June 14,
and in each quarter since and including March 15, 1939.
Extras
each
were
also paid
on
Dec. 26, 1939,
and Dec. 26, 1941.—
158, p. 490.
m
electric
ended
company
amounted
12.4%
and
its
V!
—
subsidiaries
for
the
to
119,631,000 kwh., an increase
the corresponding week last year.—
over
678.
p.
last,
'
•
Net
Net
income
income
of
subsidiary
acquisition-..—
of
date
of
—l.X *$3,783,485 *$5,700,934
-
prior
company,
$1
V.
to
,
$3,783,485
12 Months Ended June 30—
$5,402,449
Penn Mutual Life Insurance Co.,
income
Net
.
-
6,
of
purpose of comparison,
the operations of Illinois Natural Gas
of Michigan Gas Transmission Corp.
(company acquired Feb.
1942) are included in both periods and certain of the data for both
and
have
•periods
been
restated
other
in
instances.
The
operations
Indiana Gas Distribution Corp., a small company acquired
of within the year 1942, are not included herein.
March
On
31.
1943
the
acquired
company
all
of
The
„<
♦For
Co.
during
standing
and disposed
1943,
the
assets
assumed all of the liabilities of Illinois Natural Gas Co. and Michigan
Gas Transmission Corp., its only wholly-owned subsidiaries, and
sur¬
for
cancellation
and
extinguishment the capital stock of
the former and the capital stock and indebtedness of the latter.
The
subsidiary companies were then dissolved.
tFor
.
the
nine
approximately
.
Power
months
equal
Commission
Revenue
but
pending
has
ended
to
June
30,
1943,
reduction
a
in
rates
Sept.
on
been
set
1942
23,
has
not
provision includes charges in lieu
equivalent to taxes which would have been
the
six
for
expense
months
of
plant
•
Sheet,
June
,
39
;
Gas
investments
Accounts and notes
Materials
j.
receivable
and
(net)
„
741,966
——
-_j
729,092
116,584,985
-
100,606,523
Liabilities—
+Common stock
—-
$20,236,675 $20,184,175
14,776,700
14,896,500
„
:5.60%
cumulative preferred stock ($100 par)
Class B preferred stock ($100 par)_™__
„**. £L2£2i
Mortgage bonds, series A
6,250.000
^Mortgage bonds, series B
Mortgage bonds,
series
C
1,000,000
6,250,000
Serial notes, series A, B, C and
10-year 234 % debentures—10,000.000
:
,
Accounts
,
Dividends
.
payable
declared,
Matured
-
long-term
Accrued taxes—
Accrued interest
.
.
■Other
•Gas
court
order
Deferred
Reserve
•
Other
revenue
5,584,579
786,510
250,240
liabilities
impounded
to
'/.'"."'"V,.
■
deprec.,
deplet. and
amortization—.
.
57,738
70,870
V
13,896,598
a
116,584,985
*Representing
tion).
•
be
gas
(Represented
impounded
sale
by
and
purchase
807,367
no
contracts,
par
appointment, of
upon
etc.* (less amortiza¬
shares.
new
extension
application
of
its
with
the
operations
Civil
into
cities
in the
airlane
to
developments:
custodian
per
'
•'
directors
share
on
on
the
Aug.; 10 declared
common
'
!•
stock
;
a.
United States,
,
of
v:
$2.50
•■.
:
par
i
value,
•'
•'
■.
.<
i
(
''',•
1
deductions
'
to
v.
'
Earned
♦The
158,
of
;■
dividend
A
of
par),
was
50
cents
the
on
$7
surplus
annual
dated
payable Sept. 15 to holders of record Aug. 31.
A like amount
paid on June 15, last, as agairfst 75 cents on March 15, 1943.
Payments in
1942
were
as
follows:
March
13,
Sept. 15, 50 cents each, and Dec. 15, $1.25.—V.
75
cents;
158,
June
15
490.
p.
New
York
at
end
provision
debits—net
of
period
May
19,;"1942
and
40,859
made
$8,268,849
the
bv
and
1943
for
company
June
30,
July
Sheet,
1942
is
31,
1942.
_
,
June 30
i'-1
and long
Sinking fund deposit
term receivables™——
Res.
and
notes
for uncollect,
receivable
from
3,524,047
216,489
12,490
3,239.opo
—uw.
17,011
31,296
—889,371
affiliated
945.984
Crll3,563
Crl29,325
companies-
35,193
27,961
supplies.----,,--------------^.--taxes, etc
573,804
657,703
Prepaid insurance premiums,
Deferred charges
.) $
212,160
3,507,503
,
accounts and notes receivable
receivable
2,369,941
222,523
a™—.
r; Accounts
:
-
91,015
31,101
2,979,555
Total
3,201,779
$77,209,473 $81,800,954
—
Liabilities—
Long
term
Deferred
•.(';•
debt——
liabilities
$48,499,975 $49,055,850
•
19,391
-™
—
'
Accounts
payable
deposits
629,155
21,072
—
Customers'
Accrued
interest
Accrued
taxes
Bonds
called,
redeemed
■■
aid
of
' 244,516
34,348
1,102,779
1,897,975
216,489
45,978
—_
construction™.
113,183
6,355,302
—™—™-.-
—
in
;
2,293,001
.
not
Contributions
24,845
1,338,662
Deferred credits
Pennsylvania RR.—To Sell Equipments—
a:
^,307,380
2,180,396
Special fund for redemp. of bonds called———
.Temporary cash investments, U. S. Govt, secur.
Special deposits
-
1942
;,™5,135,495
Reserves
the remainder of
u.
96,254
-
—$58,175,589 $64,608,437
Cash
Exchange has authorized the listing of $28,refunding mortgage 3%% bonds, Series D, due July
1, 1968, which are-issued and outstanding.—V. 158, p. 582, 490.
17 invited bids for the
—
19,174
$2,325,825
j.
—
for
depreciation
periods ended June 30,
Investments
Stock
company on Aug.
39,097
$8,405,962
76,519
surplus
utility plant™,
Nonutility property
and
of equipment trust certificates,
6,831,891
y<—_
$10,109,001
Electric
Pennsylvania, Ohio & Detroit RR.—Listing—
483,000 first
2—_
Balance
and
\yi\
8,268,849
period
$1,534,974
;.^V Assets—
Accounts
per share has been declared on account of
cumulative preferred
stock, series A (no
Li
!
$1,840,152
property
earned
twelve-month
orders
678.
p.
';■•'
427,600
computed substantially on a 5% sinking fund basis.
(Of excess of book
value over "original cost" of electric utility plant and nonutility prop¬
erty in compliance with the Federal Power Commission's original cost
*
,
™—.
241,657
7,687.483
sale
service would provide the only direct service from Boston
>
•■■■'.-:
surplus
(Write-off
the
2,247,584
784,250
—
Miscellaneous
Boston, the PCA plan also contemplates
Service
from
New
York
to
Boston
-
tax™™.
•■•*'■
earned
—
on
$4,451,815
—;™_—_244,902
Federal .income
Materials and
5,585,656
12,490
106,911
102,751
15,357,712
15,357,712
Earned surplus _™—„——2,325,825
8,268,849
Capital stock,
purchase of $5,790,000
issue of $12,240,000
an
(no
common
par)
of.2certificates under
equipment trust series N. The certificates
1, 1943, and will mature In 15 annual install¬
maturity to be March 1, 1958.
They represent an
80% loan against equipment.
Bids will be received up to noon Aug. 23,
—V. 158, p, 582.
will
be
ments,
dated
the
March
Total
last
.
cents
payable Sept.
for
income
Total
Loss
link that city with Boston via New Britain, WaterBristol, Hartford, Springfield and Worcester and thus
complete network of aerial service to the New England area.
Pennsylvania
quarterly dividend of 37Va
income
—
Net
would
•
234,373
——
—
Earned surplus at beginning of
Earned surplus
credit-^——
—V.
A
dividend
stock,
V
payable
/''.V I:'..'
>
of
Sept.
\
Salt
$1.50
15
Mfg.
Co.—$1.50
per
share
has
been
to
holders
of
record
•'
U-.f i.'*-'1.
"•
Dividend—
declared
,
on
Aug. 31.
the
This
"
-V
f
—_
158, p. 92.
compares
'••
.
•''.
'•.
/
Philco Corp.—1942 Renegotiation Completed—Net In¬
Unchanged—
Consolidated
common
$77,209,473 $81,800,954
,
,
*
come
The
.
net
additional
Pennsylvania-Dixie Cement Corp.—Accrued Div.—
Parker Rust-Proof Co.—37V2-Cent Dividend—
\
$4,217,442
—^——
-—
Provision
Aeronautics
four
^.,549,621
Sundry
Boston and from these major points offer
of cities which have demonstrated a need for more
direct
a
duration.—V.
8,826,889
100,606,523
(Including $521,710
by court.
§In-cludtng $442,743 which will, when received, be impounded pursuant to
court order.—V. 157, p. 2454.
to
filed
Clarksburg, Charleston, Tri-Cities, Knoxville and Chattanooga.
Service
to
Chicago, Flint, Bay City, Travers City, Caboygan and Sault Ste.
Marie,
and to Elizabeth City,
Rocky Mount,
Raleigh, Greensboro,
Winston-Salem, Hickory and Asheville have been suspended for the
The
«.
;V;
;•
958,146
"
earnings
;~■ $5,190,998
Interest on long term debt™
—:
2,221,694
Amortization of utility plant acquisition adjust.
100,000
1,136.422
10,232,355
—_
396.
665,222
1,211,659
1,348,147
Total
Meriden,
The
—
845,782
Total
p.
3,529,138
758,352
—
depreciation
taxes
'
earnings from operations-——$4,996,597
income
(net)194,401
Net
Other
The company now flies from Washington to Norfolk,
Washington to
Pittsburgh, Youngstown, Akron. Cleveland, Detroit, Lansing. Grand
Rapids, Muskegon and Milwaukee, from Pittsburgh to Erie and Buffalo,
and
from
the Steel Capital
tp Birmingham, Ala., via Morgantown,
•■.y.'y:
•
16,572,972
reserves
Surplus
■
has
group
operates.
6,915
^
.
—5,100,875
——
158,
245,049
3,844
pursuant
—
liabilities.
for
94,781
5,378,466
•
^
-
and -accrued
current
service
627,234
94,781
<
-
.
a
accumulations
672,950
611,607
■
_
debt
half-year.—V.
Norfolk, PCA President Monro points out, in addition to offering
another major link for the important and populated New
England area
with Pennsylvania-Central'S service In the 12 States in which it now
12,000,000 .12,000,000
9,750,000
10,000,000
3,750.000
5,000,000
-
now
3,980,782
—:
—
1942
$12,295,537 $10,919,569
———^—
—
for
to
544,850
695,680
York
offer
4,136,422
■
to
The proposed
1,322,147
'
Total
New
5,490,000
r
first
directional
bury,
169,541
51,981,429 1
supplies
"Cash impounded pursuant to court order
Prepayments and other deferred charges
total
through Bridgeport, New Haven, New London, New Bedford, Fall River,
Providence, Attleboro, Taunton and Brockton.
Another route lroin
712,158
.
the
$2,055,573,517.
Penn Mutual's total assets on June 30,
$873,633,523, the highest point in the company's history.
paid out $622,069 on 150 lives in war death claims
addition to
two
4,513,318
1,389,691
2,570,000
-
with
according to C. Bedell Monro, President.
The
new
application .contemplates service
from Washington
and
Baltimore, already 011 PCA's flight schedule, through Wilmington, Del.,
Philadelphia, Trenton, Newark to New York.
From
New
York, in
1,657,049;
121,644
-
stopped,
frequent service and connections with other
85,468,367
U3.817.712
™-
Special deposits '_L
'Temporary cash investments
,
service
„
1,483,929
policies
General
capital with New York and
1942
.
89,646,511
(net)
Cash
,
in
♦Provision
important cities in the Eastern and New England sector.
application proposes to link its main terminal in the nation's
The
amount
an
1943
,
——
;{v^Intangibles
i
in
taxes
trend
1943
revenues
Maintenance
for June, com¬
month since March—
business totaled $56,926,833
every
States and 22
year
.
Other
Federal
tax
Consolidated Balance
..
of
of
first half
life insurance
increases in
this year new
at
corporation
seeking an
Board
amount
in
paid
and
company
The
payable on earnings for
1941 if the company had not had the
purposes of the deductions for discount/premium and
resulting from the refinancing in 1941 of its long-term debt.
last
'Gas
been
an
the
included
by
half
in
operating
Operation
Pennsylvania-Central Airlines Corp.—Files With CAB
a
special deferred credit account
the Circuit Court of Appeals.
(This
benefit
ordered
first
during the
in
aside
review of the order by
a
$5,100,875.17
increase
1942,
downward
were
The
and
21%
a
June,
the
the
and
of
shows
with
Gross
Phila.—Report—
report of this company covering its operations in the
1943
pared
rendered
•
.
.
298,484
-a—
Electric.Co.—Earnings— w'.in,
.
,
—_—
Portland General
per
share
lowing
for
final
:i'.t.
"■ ■'
net
income
the year
of
ended
renegotiation of
'■''■•
'
:'.•-
■
:
the
.•'
corporation
Dec.
the
':
31,
1942,
of
$2,209,992,
remains
company's war
$1.61
or
unchanged
production
fol¬
contracts
•
'
*
THE COMMERCIAL & FINANCIAL CHRONICLE
776
for the year,
President.
it
announced
was
The
effect
of
agreement
an
(fohn
by
18
Aug.
on
x
.
,
between
the
subsidiary
V,
•
the
and
company
of the regular shop maintenance budget of the sleeping car
for that period...
for post-war re-adaptation
of manufacturing plants and
Pullman equipment were credited with the statutory
10% post-war
refund of excess profits tax for the first half of 1943 amounting to
$1,874,107, bringing these reserves to a total of $5,761,866 on June
Reserves
Price
Adjustment Board of the War Department, covering work done for both
the Army and the Navy,
after allowing for changes in income and
excess
profits taxes, resulted in a net adjustment of $220,350 which
,
.
Period Ended June 30—
June
1942.—V.
the first half of
2256.
157, -p.
'
-
■
the
Provincial Light, Heat & Power Co., Ltd.—To Redeem
-
•
-
There
have
for redemption as of Sept.
called
been
'
,,
'
of
1,
period
$6,890,992
825,748
11,560,283
8,257,266
$3,528,935 §$4,669,290
$4,068,911
$814,975
$0.75
$1.32
Canada.—V.
Montreal,
trustee,
156, p.
1942
Consolidated
Balance
Sheet,
*Cash
700.
The
directors
the
on
U.
March 31
30
of
Aug. 31. A like amount was paid on
Payments in 1942 were as follows: March
last.
June 30
and Sept. 30,
securities
Cash
(less reserve)
ventories
7,454,486
29,988,326
2,250,317
reserve)
13,219,433
:
$1,952,726
___
Operation
(less
(less
117,323
127,395
1(471,815
Federal income taxes—
104,613
*80,395
*1,181.551
taxes
Net oper.
Other
224,564
Other
for
i———
—a—__-
assets
Claim
$624,815
(net)
$477,589
$7,617,184
5,799
54,249
$624,030
$483,388
278,915
$7,671,433
3,283,709
$204,473
requirements—;—
$4,387,723
$3,066,986
Prior
dividend
respective
first
and
The
refunding
companies
Oxcess
profits
1943
are
do
consider
not
taxes.—V.
158,
have
any
liability
3.871.628
2,196,535
399,416
508,256
____
plants
stock
Pullman
3,190,836
147,975
92,562
9,900,343
9,067,204
132,115.880
132,115.880
5,926
$54,106,391
.
—
—
$813,535
3,190,836
_:
—
(outstanding)—
-
Incorporated
__
5,926
_______
$49,704,645
_
is
S.
less
Government securities carried
than
market
the
dustrielles
conditions
in
balance
1942
at
307,568,820 253,004,431
at cost which
in the aggregate
tForeign subsidiary
de-consolidated in 1939 on
investment
France;
sheet
—
value.
Charentaises)
therein
included
(Entreprises
account of
157, p.
Radio
President, states:
Crawford,
and
enue
manufacturing
sales
combined)
which
to
rose
The
are
on
rev¬
In the first half of 1942, net income amounted to
$7,088,341 ($2.15
per share), or 5 cents per dollar of gross,
after; adjustment to a
comparable tax basis and after allocation to that period of its propor¬
tionate
1942
•
of
armament
The
-.
share
first
entire
half
''
refund
resulting from
renegotiation of prices
shipments.
increase
this
and
wages,
the
year
other
of
over
1942
operating
was
more
expenses.
Renegotiation of Prices
on
in
V-
1942
total
than
gross
offset
income
for
by higher
on
in
June
1949.
30,
.
Inasmuch as the provision for 1942 Federal
f
based
excess
profits taxes
while
be
that
portion
of
the
refund
liability,
leaving
Dec.
157,
Commission
ordered
a
public hearing
$881,700 to
15,
p.
last year,
a
could
proxies.—V.
not
156,
p.
after
Federal
V.
be
prepared in sufficient time for mailing
'XV
■- ; : X':V'VX;. •'-r
total
taxable
on
charges,
but
and
1942
1943
1941
taxes
$414,433
$665,649
$479,178
that
tax
carried over
Reserves—The
cars
on
accrued
Jvn» 30.
total-
reserve
1943 amounted
during, the
first
half
of
Pullman
to-$4,546,151, of which $1,802,241 was
1943, representing the unexpended
of
income
for
'
*1940
.
$2,976,455
49,874
$9,605,088
$3,026,329
59,373 '* 665,899263,800
183,593
; 181,463
206,054
1,217,506
973,842690,913
8,480,000 c 5,420,000
'< 574.367
$12,331,458 $10,934,769
charges-'
152,679
Interest, amort., etc.
Fed.
\
*1941
$9,460,332
144,756
128,251
1,331,094;
19.055,000
etc.__
tax,
contingencies
750,000
______
$914,434
t$0.46
profit
$994,295
t$0.51
___
—-—
.
Earns,
:
wholly-owned
Revenue
Act
refund,
war
share. :
com.
per
♦Including
with
of
ton
.
.
$1,287,895
•
$0.95
$2,363,884
v t$1.58
tComputed in
accordance
therefrom the post¬
stock.
subsidiaries.
but without deducting
1942,
1,286,917 shares of
common
President, announced that the company shortly *
operations by opening the largest magnesium
the United States.
He added that by Jan. 1,
1944, it is planned to reach a capacity output of 500,000 pounds of
magnesium sheet and strip a month, which would be- the equivalent
of rolling and handling 3,000,000 pounds of copper and brass a month.
—V. 158, p. 680.
Donald
C.
widen
and
Dallas,
field
its
of
strip mill
in
(& Sub.)—Earnings—
Reynolds Metals Co.
6 Months Ended June
30—
1942
;
6,364,200
"
1 v
$3,484,883
1,345.000
special amort.
-
for Federal income &
profits taxes
excess
■
.
$10,269,053
facilities
of
Prov.
*
1943
*
:
;
Consol. earnings before taxes and
1,998,505
1,382,000
' $1,906,348
$756,884
^$1.73
$0:61
Special 5-year amort, of emergency facilities-.,-
♦On
profit
share
shares
1,023,662
Note—1943
1—
net
>
of common
stock outstanding.
renegotiation by the Government
earnings are subject to
refundable, if any/cannot be determined at this time.
earnings were renegotiated and no refund is due; however, con¬
firmation has not yet been received from the Renegotiation Board.-—
V.
158, p. 397.
•
v
•
.
Corp.—Pays Liquidating Dividend—
Rican
^
,
liquidating dividend of $3.62 per share was recently declared on
the capital stock, payable July 30, 1943.—V. 153, '$#251
A
Richmond Radiator Co., Inc.—Earnings—
6 Months Ended June 30—
x
;
;
,
r
.
Earnngs before Federal and State taxes^;
and State
Federal
for
Prov.
income
^
-
1942 .
$80,371
.
.' 37,500
97,416
taxes
;
u
-
1943
$237,328
,
income
Net
; __u_
Earnings per
—V.
158,
common
share
;—
Electric
&
v»,
,:
-
v><
,
—__
prop.,
on
1,346,030
2,033,847
1,523.100
taxes^-ai;!-,;
and excess profits.
1,757,500
2,946,817
■
' 2,842,105
>
__$4,207,016
income
$3,502,570
3,276
4,085
_1—.—_.V $4,210,292
(net)
$3,508,654
v--_—:
income
Interest
1,256,518
;
•
income
1943
1942
Federal
1941
.
1940
—
long-term debt_———1,330,732
-l.'V--7,218
tax
(net)
on
premium <fc- exp.
bond inteest_j.—^___
1,330,867
" 11,171
Cr26,517
-
.
,
Cr44,266
86
108
' Cr82,635
Cr61,347
'
charged to construction-—
Interest
/
plant and
Other taxes
Gross
1942
2,114,53-7
V
of
(deprec.)
:—
income
-1943
■
,
equipment
Other
:
•
v •
$19,837,943 $18,514,783
7,267,052. ^ 6,884,792
288,503
,
377,338
revenues
Federal
:)
Corp.—Earnings—
expenses
retire,
,
^
12 Mos. Ended June 30—
for
$42,871
$0.05
'
.
Gas
Rochester
Prov.
.
$139,912
$0.20
492.
p.
'
Donations
31,716/
45,761
ter
charges and taxes *$2,498,000 *$1,308,000 *$1,152,000
$1,219,000
♦Equal to 32 cents per share in 1943, 16 cents per share in 1942
14 cents
and
a
common
share in 1941.—V.
Net
Reo
Motors, Inc. (& Sub.)—Earnings—
6 Mos. End. June 30—
profit
♦After
and
par.
1943
-
$958,683
1941
1942
$409,258
$147,994.
1940
$$785,988
Nil
depreciation, interest, and provision for Federal income tax,
contingencies in 1942.
§$2.06
§$0.88
t$0.08
ton 1,800,000 shares of common stock, $1
£Loss. - §On~465,000 shares of capital stock.-
-
dividends
158, p. 294.
._;V/
$2,224,360
1,393,226
,v-^
xx
X-r'
■
Rosenbaum Grain Corp., Chicago—Unclaimed Funds-
'
♦Net'
$2,949,691
_—1,393,226
income
Preferred
157, p. 1467.
—V.
Earnings per ;share__.;j. -
from
previous years.
for deferred
maintenance
income
1942
:
$11,721,386 $10,597,863
610,072
336,901
Other interest
Estimated net profit af¬
was
equivalent to $6.54 per share, of stock or nearly five times the net
earnings after such taxes.
The major part of this tax provision for
the first half year consists of an indicated
liability of $18,741,076 for
excess profits tax to
Which the" corporation's earning is more largely
expose^ this, year because of exhaustion in 1942 of all exemption
from
Total
Inc^—Earnings—
1943
'
______
Other income
before
157, p. 2456.
6 Months End. June 30— :
income for the
income
6 Mos. End. June 3C—
Operating profit
Operating
Co.—Earnings-
Remington Arms Co., Inc.—Earnings—
tion methods whose effect upon cost performance could not be
foreseen
calculated with requisite certainty at the time the
original esti¬
mates of cost were figured and prices based thereon.
of
$0.04
:
(
Revere Copper & Brass,
Amart. of debt discount,
and
77%
$23,411
Nil
.
Maintenance
1509.
Quarter Ended June 30—
price reductions have been made possible by cost reductions
yielded by greatly expanded production volume and improved produc¬
absorbed
*$15,931
$0.22 K
'
:_
35,108
14,487
«
157, p. 1852.
Electricity and gas purchased—
These
1943
♦Loss.—V.
Operating
annual
Profit
ment.
of
16,737
profit
Earnings per share
cents per share was
dividend of 87 V2
2156.
Reed Roller Bit
to surplus.
Because of the resultant reduction in the
profits taxes the claim for post-war refund is accordingly
by $793,530, with a corresponding reduction in the reserve
for post-war re-adaptation of
manufacturing plant and Pullman eauin-
half,
38,837
23,314
.
for authority
on
statements
cial
with
excess
Taxes—provision of $21,591,388 for Federal taxes
67,089
,45,367
profit of: sub. co.;
in
;
$188,644
110,638
$230,597
123,864
:
,
5^325
:
—■.
134,315
—
—
$183^1?.
.
6,232
$283,201
amort..
$342,256
158,937
• ;
$224,364
1
279
and the amount
meeting of stockholders will be held Sept. 16.
Orig¬
inally scheduled for Aug. 5, the meeting was postponed because finan¬
reduced
first
&
1941
VV.-
1942
Raytheon Mfg. Co.—Meeting Postponed—
The
was
charged
1942
deprec.
Operating
profits without attempting any estimated provision for reduc¬
tion in prices by reason of then
uncompleted renegotiation of U, S
Government contracts, an
over-accrual of taxes resulted equal to 90%
of the amount of the refund, or
$7,935,300, which will be used to
for
on
paid—V.
on
provide
"
7,942
_
V
♦Earnings:,, per.
Aug; 18 declared a quarterly dividend of 37 Vz cents
per share on the no par ' value common stock, payable
Sept. 15 to
holders of record Aug. 31.
Similar distributions were made on March
15 and June 15, this yeaf, and on March 16, June 15 and Sept. 15, 1942,
'
Renegotiation, of prices originally made for the Manufacturing Com¬
pany's arrtiament contracts with the U. S. Government covering ship¬
ments in the year 1942 has been
completed with the Price Adjustment
Board of the Chicago Ordnance District
and, subject to final approval
by the Price Adjustment Board of the War Department at Washington,
the procedure will result in an
adjustment of $8,817,000 in the prices
originally fixed for those shipments.
;
'
_
!
expense)
,1942
$398,944
-174,580-
1,
$79,926
Taxes
Raybestos-Manhattan, Inc.—37 %-Cent Dividend—
1
_?
other
of
deple.
Minority int.
Net
^
$472,449
' /' 197,189 *
the
taxes,
.
1943V
30
expense____
income
for
1942
■
,
the application of American Broadcasting System, Inc.,
The directors
Contracts
(net
Consolidated
and general public interest" in the proposed
sale.
It added that the hearing would provide an opportunity for
presentation of all material evidence and to obtain information regard¬
ing the proposed transfer—V. 158, p. 680. ' '
<
; v
Armament
Total
of the national importance
v
$70,297,111
Communications
June
general
$275,260
inc.
Prov.
'
acquire the Blue Network, Inc., from the Radio Corp. of America
for $8,000,000, ah Associated Press dispatch from Washington, D. C.,
says.
Edward J. Noble, former Undersecretary of Commerce, is the
only stockholder in American Broadcasting System, Inc., it was stated.
The Commission said it decided to hold a heafing Sept. 10 "in view
Peak of $214,281,913 for the first half of 1943 but yielded only $4,500,323 ($1.36 per share) for net income after
taxes, representing a profit1
margin of only 2 cents on each dollar of gross.
■
Ended
Abandonments
to
all-time
an
,
In-
Corp. of America—Hearing on Sale—
Federal
common
debentures
shares, of
Subs.)—Earnings—^^1:.^'
Profit
carrying
shipments—V.
shares of
of 275
rate
revenue
and
war
Pullman, Inc.—Second Quarter Statement—
A.
Months
Operating
Operating
value and written off at close of 1942.
adjustment to reflect the tentative renegotiation of prices on
armament
at the
convertible
,
;
,:
——.i
_
—
,
upon
-
«■
(a subsidiary)
be
Aug. 1.
.
registered 296,875 shares of commonthe conversion of the debentures.
from
company
issuance
Republic Petroleum Cot. (&
will
5,761,866
I
—
Pullman Company
Total.
'
p,
';;
,,.
The company said it would use $100,000 of the proceeds to retire
outstanding bank loans, $125,000* toward the retirement of out¬
standing convertible preferred stock, and the remainder for working
capital.—V. 158, p. 196.
*
;: 1 1,
••
;
sheet
Pullman .equipment—
and
reserve
reserves
Surplus
for
would
508,256
1,486,560
$ After
Earnings,—Profits retained by the Pullman group of companies
running at a low rate in relation to total gross income (carrier
v;
its
8,659,717
2,336,363
396,856
•
2,000,000
Capital
as a result
arising from the redemption of
April 1943.
they
8.817,000
18,176,122
__
—.____
Deferred credits
in
that
contracts—
for
for
,
Net
4,546,151
ing
substantially reduced
latter
interest
time the
par)
for each $1,000 face amount of debentures until half of the
had been converted,
after which the rate would be 200
stock for each $1,000 face amount of debentures.
;
arma¬
____.
munition
on
1942
on
shipments
General
294.
p.
refund
manufacturing contingencies
Res. for post-war re-adaptation of manufactur¬
*U.
for
for tax purposes
mortgage bonds
accrued
same
($1
Prov.
for
periods.
income taxes
post as
Don M.
34,058,931 118,895,403
——._—.
renegotiation
17,594,575.
Res.
$6,418,081
The
plus
the
Depreciation
35,901,664
Res.
'"For comparative purposes Federal income taxes have been restated
give effect to the provisions of the Revenue Acts applicable during
Federal
318,706
for experimental cars and installations—..
for deferred maint. of Pullman cars—
The
of deductions claimed
taxes
employee benefit plans__
Res. for uninsured fire and casualty liability
$933,016
__
Balance
the
for
Other
——;—„
preference dividend
Preferred
income
ment
1,583,970
211,259
100
At
813,535
•: iX-V ■--/Vx-VV
payrolls—-________—
Reserves
550,000
requirements—.
550,000
1,583,970
__—
•
announced
.D'.;''
plant, 'it was
Y.,
j-;i,
286,455
3,261,866
375,547
due, incl. prov. for Fed¬
payable
Advances
3,351,094
$412,771
$2,253,753
—
Interest and amort
Balance
and
Prov.
46,094
—
at
Miscellaneous
eral
$6,371,987
Dr785
revenues—_
has been appointed Divisional .Man-
Vice-President,
registration statement covering $1,250,000 10-year 5% convertible
debentures, due Aug. 1, 1953, has been filed with the SEC.
::Wyeth & Co., New York and LoS'Angeles, has been named as prin¬
cipal underwriter of the issue, which would be offered to the public
119,832,209
307,568,820 253,004,431
Accrued taxes, not yet
2,583,855
105,650,259
4,933,912
:V: 1,613,486
prof, tax
—r
Accounts
1,555,878
*984,464
2,509,572
Miller-
of the company's Farmingdale, N.
14 by R. S. Damon, President.';;' "
& Debentures—
2,726,851
_
post-war refund on excess
V'X Liabilities— xxx
Res.
income
Balance
235,700
V
536,003
511,313
307,541
depreciation)—
securities)
(invested in U. S. Govt,
Deferred charges
1943—12 Mos.—1942
Depreciation
Other
V-V".
..
Republic Drill & Tool Co., Chicago—Registers StocK
484,301
X-,
'
reserve)
and property
Equipment
$1,710,708 $23,430,430 $20,41 4,620
684,416
8,877,949
7,658,299
105,213
1,772,359
1,260,138
745,084
136,327
Maintenance
484,301
—_——____—...
investments
6,409,400
;
^
a.
Total
revenues
cash and
In assuming the new position Mr,
Miller relinquished his
director of the Military Contracts Department and promoted
Parker, assistant, to head the unit.—V. 158, p. 492,;.y.
and in¬
affiliated
(less
Funded res.
poration since 1934 and a member of the executive committee of the
corporation's board of directors since 1935.—V. 157, p. 1948.
Operating
28,964,621
5,512,063
31,961,446
unpaid vouchers).
companies—
(less
in
Domestic
The directors on Aug.
1943—Month—1942
■: ;/
Hart
Aug.
734,799
40,596,220
—
deposit—.—
on
tForeign
Puget Sound Power & Light Co. (& Subs.)—Earnings
731,308
—.
——
Unreimbursed cost of work in process
Other
17 created the post of Executive Vice-President
Blake to the new position.
Mr. Blake has been
Vice-President and General Solicitor of the corporation and its sub¬
sidiaries for the past six years.
He has been a director of the cor¬
1942.
:;-v-v:
—4,956,688
——
Investment
New Executive Position Created—
V Period Ended June 30—
C.
Other
contracts-
Munition
20
and elected George H.
after giving effect to taxes.
30, 1943, including $3,789,364
June
of $10,687,426, and current liabilities of $5,504,522 on
Inventories were $3,170,989 against $5,360,664.—V.. 157,
assets
31,
ager
51,828,869
32,755,000
receivable...—__——
notes
and
Inventories
record
and June 30,
cents;
marketable
61,073,977
_
earmarked for
taxes
income
Equip, trust & other deferred payment car accts.
cents each; and Dec. 31, 25
cents.
v.
Vx.
■ ■V:':'-x/VVVvThe directors also declared the usual monthly dividend for October
of 50 cents per share on the 6% cumulative preferred stock, payable
Oct. 15 to holders of record Sept. 15.
'
■
31,
savings notes
Federal
Accounts
Aug. 17 declared a dividend of 25 cents per share
stock, for the third quarter of the year, payable
to holders
30
Sept.
of
as
2256.
6
1942
$
.
securities.
Govt,
S.
tax
Treas.
Other
on
common
X ■ v.'.'
'
and
S.
U.
Public Service Corp. of New Jersey—Dividends—
.
assets
Republic Aviation Corp.—New Divisional Manager—
June 30
1943
Assets—
accrued
■
current
Dec.
p.
$3.73
for manufacturing contingencies
1943, a total
of first mortgage 40-year 5% bonds due Sept. 1, 1946, at
interest.
Payment will be made at the National Trust Co.,
and
105
to
$2.09
$77,000
Ltd.,
$12.326;117
$4,354,683
>
adjustments of income have been made to accord with
accounting restatement of appropriations to special
during 1942.
Earnings, taxes,
claim for excess profits tax refund, and appropriation of the latter
to post-war reserves for 1942 periods have also been adjusted to reflect
the tentative renegotiation in July 1943, of prices on 1942 armament
shipments.
tBased on Revenue Act of 1942 for all specified periods
in 1942 and 1943, and Revenue Act of 1941 for the last half of 1941,
with
adjustment for effect of price renegotiation on the 1942 tax
accruals originally provided.
tBased on total outstanding share capi¬
tal, 3,302,897 shares.
§Deficit.
Of 10 cents per share every three
$77,000 of Bonds—
for
certiiicates of indebtedness, amounted to $13,105,057 and current
liabilities were $7,366,171.
These compare with cash of $1,877,048,
.
♦Necessary
Previously, the company paid dividends
months.—V. 158, p. 583.
quarter during 1942.
$2,466,472
1,651,496
..
share
per
December,
stock, par $5, payable Sept, 15 to holders of record Sept. 1.
distributions were made on March 15 and June 15, last, and
each
x-:
including allowance
$3,020,000;
S.
stock
The directors have declared a dividend of 15 cents per share on
in
w-
.<
—«—
for
surp.
reserve
common
;
paid
tEarnings
Powdrell & Alexander, Inc.—15-Cent Distribution—
Similar
Current
ex-
income
Inc.
,
^
:
Net
months
six
the
for
taxes
profits
excess
?
*1943—12 Mos.—*1942
x: Vx- xA xKvxX-;... x""
•
deprec. and Fed.
Dividends
ended
30, 1943, amounted to $1,502,000 compared with $2,254,135 for
and
Note—income
charges
"
ipcome and excess profits taxes for the
totaled
30
from $1,389,378,
$1,287,878
of
U.
(Company and Subsidiaries)
June
post-war refund in" 1943, and $350,000 in 1942.
Also, $100,000 was
provided for contingencies in 1942.
.
.
H. E. Lund, President, states. that renegotiation of war contracts
covering all periods ended Dec! 31, 1942, has been completed.
The
settlement caused a reduction in the net profit for the year 1942 to
A
$397,786
$0.26
$376,031
$0.25
$196,2.15
$0.13
$194,459
$0.13
prof, after all charges
Earnings per com. share
Court
1942—6 Mos.—1942
1943—3 Mos.—1942
Net
District
ended
months
six
—
Pittsburgh Screw & Bolt Corp.—Earnings—
Period End. June 30—
S.
Pullman group
the
'
'
•
:
"
income taxes
$18,022,228 $14,127,781 $55,133,706 $40,872,037
Prov.
for
3,220,463
depreciation.
3,201,053
13,059,419
12,989,133
tProv. for Fed. inc. tax.
12,335,292
6,572,044
33,183,294
15,556,726
Claim for post-war 10%
refund on exc. profits
tax
(Cr) •
1,088,351
394,030
'2,448,331
813,535
Approp. to res. for post¬
war
re-adaptation of
mfg. plants and Pullman equipment J
1,088,351
394,030
2,448,331
X
813,535
Res.
for contingencies.
2,000,000
of 20 cents per share
on
the common stock, par $3, payable Sept. 13 to holders of record
Aug. 28.
A similar payment was-made on June 12, last, as against
15< cents on
March
12,
1943.
Distributions during. 1942 were as
follows:
March 12, 25 cents; June 12, Sept. 12 and Dec. 12, 10 cents
each, and Dec. 28, a year-end of 20 cents.—V. 158, p. 397.
...
all
after
cept
17 declared a dividend
Aug.
on
by the U.
against
1943—3 Mos.—*1942
all sources,
Earns., from
'
Declared 20-Cent Dividend—
decree
a
anti-trust suit
the
Consolidated Income Account
.
The directors
in
companies has been deferred to the Pall term of that court.
As
/
Philadelphia
31,
report.
of
Suitr-Entrance
Anti-Trust
at
1942, and heretofore published in the company's an¬
:
•
xx./. xxxxx'
previously announced, Philco Corp. last year made a voluntary
reduction of $5,000,000 in the prices of military equipment supplied
to the Army and Navy in 1942, due to special economies achieved in
production.-.
■
~
*
nual
Dec.
: -.v.'
1943.
30,
provided for in the $1,000,000 reserve for contingencies established
in 1942.
Consequently, the reserve for contingencies is now $779,650,
leaving the profit transferred to surplus' at. $2,209,992 as previously
shown on
the consolidated profit and loss
statement for the year
was
ended
Note—Provision for Federal
portion
Ballantyne,
,
Monday, August 23, 1943
that Homer V. Johannsen,- co-trustee, of 33 No..
111., holds certain unclaimed funds distributable
participation certificates in The Chesapeake Trust and to
creditors and/or stockholders of, the Rosenbaum Grain Corp. and the
it
La
announced
is
Salle St.r Chicago^
to holders of
-Chesapeake Export Co., Inc., who may. be-entitled to such participation
1.
j.
•.<
i
.t
«
1
*»
).-•■.
>
j
».
,•
I
I
■
■
f«f,
.
<
■
'■
.,
J ^
Ml
■ <
•
'
»• •
1
.
i
'•
-
•.
'
"1
.
f
...
.
"t.
•
ft'
t
ft,
..
Volume
i
..
158
i
i
i
1
.
certificates.
ft;.:-",
;
Number 4205
'
Unless
» i
claimed
-
i
i
ft
THE COMMERCIAL & FINANCIAL
,
——mmm
announced
5, 1943, said ftinds remaining in
the hands of the co-trustee will be deposited with the Clerk of the U. S.
by Nov.
since
District Court for the Northern District of Illinois, Eastern Division.
'
Homer V.
Johannsen, John L.
tees of The Chesapeake
and Louis Jacoby
Nairn
Trust.—V. 139,
has
1901
Period End. June 30—
Ry.
oper.
Ry.
operating
annual
an
roasting
$2,226,655
1,986,751
sales
has
company
volume
facilities
of
and
is
been
around
in
777
business
$2,000,000.
soda
of
and
fountain
in
1883.
spices.
fruits
the year
Sales for
$14,000,000.
The
$2,035,149
1,692,978
It
Stewart
maintains
plant
next month
reopen
John
syrups.
branches
Sexton
ended June 30
in
Brooklyn,
&
were
Dallss
Co.
and
Shares
of
$388,287
Net
from
rev.
ry.
-ft'ft'
Ry. tax accruals-.,—
$66,301^
24,325
—
Equipmt.
& jt. facility.V.
rents,—--
•■'■"'..Net
ry.
Other,
income
oper.
income
ft-
Cr6,858.
V'v.
v
$23J,904
141,484
Cr3,170
Cr33,216
Crl8,181
Period End. June 30—
$1? 1,636
$45,447
$48,834
ft;
—15,366
"
3,799
Operating
Oper. and
ft
24,279
Other
Total
:
income
deduct.,
from
$49»246
$203,351
-ft.-vft
124
1,541
available
fixed
•Total
,
fixed
.
.
-
ft $64,200
■
33,426 .ft
;V :A
after
income
*>,<>:•<
$47,840 ?
$203,227
.
,
33,570
655,588
$1,061,828
$994,357
13,240
18,848
46,070
$1,040,640
$1,080,676
$1,040,427
538,968
Depl.,
200,720
■■:]/;,, fixed
430,079
404,169
421,339
interest
accrued
$63,017
$2,660
outstanding bonds,
on
■
&
Prov.
Net
Profit
•
after
U.
and
S.
1943
Canadian
taxes
*No provision
profits taxes.
made,
deemed
assets
329,269
338,545
30,000
profit
$1,832,920
—
dividends
—i—
—„
;'•»
■m
534,385
846,889
846,891
$1.53
Outstanding shares of common stock
Earnings per share 4——i———,
$1.93
r •Includes provisionfor- excess profits taxes.—V.
158, p. 492.
St.
ft
Louis-San
Francisco
ported Agreed Upon—
Ry.—Compromise Plan
$220,772
$0.34
or
ft;ftft.ftftft;ftft'-'
of
as
Period End. June 30—■
$317,238
$0.18
to
be
June
$0.26
required,
for
$0.21
Federal
Taxes,
excess
is
September,
be
to
filed
1933.
Re¬
1943
the
compromise
agreement,
Commerce
it
is
to
$2,169,533.
There
158, p. 584.
ft
has been
confirmation
no
of
these
1,120,000
$0.26
for
proposals.—
$0.47
Federal
$0.24
taxes
the
for
first
$274,792
six
months
Period Ended June 30—
.
Operating
Net
Net
from
return
1942
1943
ft-
,
$889,648
$941,582
Operating profit
Non-operating revenue-
725,269
$155,540
ft
3,455
$4,175,129
$3,250,916
115,984
1,728.561
1,340,960
18,439
13,922
218,411
Other
*'V
•
34,083
v*1 *
'■"*
400,434
•698,113
Balance
Interest
:
and
Balance
Debenture
•For
Acts
The
3,382
15,359
*
$49,833
31,508
385,223
$310,683
149,115
60,000
stock and surplus
to
during
the
Federal
effect
give
ft—
income
$184,631
and
excess
the
to
provisions
periods.
respective
of
the
amounts
shown above for Federal income taxes include
provision
estimated
excess
profits taxes of $571,210 for
the
12 months
ending June 30, 1943 (1942—$193,127) after deducting estimated post¬
war
credit Of $63,461
(1942—$16,421).—V. 158, p. 295. „
has
been
received
interest
debentures
tained
net
a
1943.—V.
loss
will
due
by the New York Curb Exchange that
be
from
income
5,371,203
1,471,403
June
taxes
1,193,640
*$104,944
*$148,322
$879,069
on
*$251,304
ft:.v;ft' ft:--
outstand.
$0.30
$0.34
$1.46
$2 02
share
income
30,
222,000
300,000
$1,111,739
$1,871,203
$0.96
—
account
1943,
follows;
the
of
Net
$1.61
for
company
sales
for
foreign
income
contingencies
war
and
and
A
on
dividend
special
stock,
common
the
six
months
profits
excess
Aug. 3,
of
15
cents per
par
$1,
payable Sept.
20
cents
1937 —V.
Scott Paper Co.
Net
July 3, '43
ft
taxes
decline
in
$406,000;
inventory
July 5,'41
$16,154,268 $17,235,789 $11,846,072
sales
Materials, wages, sal., repairs, local
taxes,
etc.
ft
Depreciation
Gross
profit
on
Dist., admin. &
freight paid
Other
11,419,609
—ft
—_—ftftft;
gen.
on
income
sales
$4,217,337
$5,246,905
sold
457,718
3,281,456
including
exp.,
7,184,782
499,940 ft
2,571,154
.
goods
11,488,944
517,322
.
.$4,203,573
43,648
32,442
191,863
$182,163
$1,689,831
$1,997,891
*1,160,000
$1,497,800
+895,967
$793,864
*$837,891
$965,548
128,617
129,130
$665,247
*$708,760
Gross
Provision
income
Fed.
$ 5,163,845
2,398,771
1,981,544
63,741
756,018
General
219,166
62,262
137,869
taxes
Federal
income
excess
profits taxes
of
$0.99
*$1.06
$1.25
Gross
stock
pfd.
stk. exp.
Net
157, p. 2457.
Dec.
514,664
•
,
451,909
94,660
727,299
ft 1
568,200
$5,225,911
3,247,644
j(
•
ft:ft*
Gross
$6,702,645
$103,439
—V.
2,511,518
135,553
251,903
328,752
21,
Net
c
for
earns,
Earns,
preferred shares—
on
$91,878
$1,213,304
$1,113,628
ftfty 54,400
658,791
common
share
com.
per
shares
(667,942
$37,478
$554,514
$467,268
14,286
14,286
171,438
$30,233
Assets
Current
assets
Current
129,939
and
—
liabilities
Liabilities
;
last,
$23,191
$383,076
$295,830
$9,603,338
3,330,527
$9,169,620 $10,096,610
2,994,921
2,081,129
$1.14
income
of
10%
common
a
and
excess
has
been
The revised net income amounted to $895,598,
share for the six months ended July 4, 1942, when
profits taxes totaled $1,102,293.
tPost-w.ar credit
deducted
in
calculating
Federal
excess
profits
tax
provision.
Thomas
B.
Other
Oper.
higher material
President, stated: "Earnings were affected by
and operating costs and by the lower rate of produc¬
revenue
revenue—
oper.
& maint.
expense
.
Operating
Net
rents
oper.
Other
$5,126,374
2,267,113
220,334
400,950
ft
(net)-
revenue—
23,644
$2,214,333
income
$3,317,481 $17,363,538 $10,456,986
1,663,514
7,745,651
5,742,708
196,785
860,065
645,025
311,362
1,522,443
1,163,130
25,620
$1,120,200
96,478
$2,812,889
5,105
Int.
April
Other
tion
also
and
is
now
contributed
to
lower
production.
greatly improved."—V. 158,
p.
However,
this condi¬
508
10,816
2,157
$2,219,438
4,833
$1,120,708
$7,149,718
$2,815,045
3,678
22,475
1,136
54,710
1,820
4,191
8,422
275,343
291,973
1,653,030
56,930
758,966
5,082,448
1,381,995
36,473
income
Gross
long-term oblig.
on
inter,
Federal
Scranton-Spring Brook Water Service Co.—To Merge
Subsidiaries—
V.
158,
p.
Fed.
exc.
37,141
181,231
113,763
Post-war
681.
Net
The
Sexton & Co., Chicago—Acquisition—
J. • C. Stewart Co. of Pittsburgh by John
wholesale grocers, has been completed through
the investment banking firm of Floyd D. Cerf Co. of
Chicago, it was
Sexton
acquisition
&
Co.,
of
ft'
——
com.
33,202
12,918
95,908
165,303
64,362
475,132
96,345
$601,356
$2.19
$313,617
$1,963,255
share
Note—For
are
p.
included
2258.
in
the
...rf'v-
$1.13
$7.12
$3.80
purposes
twelve
was
^
■
earnings
'
the
first
p.
ft-
per
share
payment
on
the
on
585.
•
■
'
-.•
•
Jan. 1 to Aug. 7
1943
^
6,295,689
-.
-J*
,
1942.
ft:
:
'
5,545,254 195,890,561 150,913,220
Southwestern Bell Telephone
Period End. June 30—
oper.
Co.—Earnings—
ft
1943—Month—1942
$11,385,750
revenues
30,676
8,516,011
revs
expenses
Net
revenues—
oper.
Operating
.
.
1943—6 Mos.—1942
$9,988,795 $67,263,006 $57,488,748
35,692
185,131
<•
213,960
6,365,213
42,152,684
36,977,800
operations acquired
months
ended
June
30,
37,316
1,681,956
income
operating
$1,157,107
income
158,
891,244
68.
p.
:
'
Operating
revenues
Operating
expenses
other
Taxes,
eral
than
income
cess-profits
$3,587,890 $24,912,191 $20,296,988
2,078,455
15,503,864
11,453,977
$1,509,435
$9,408,327
$8,838,011
1,217,881
7,472,069
6,892,784
ft' v;
ft' ftftft ft'.' ft '.;ftvy''ft
and
-
Fed.
excess-profits
in
&
come
tax
Net
Int.
oper.
on
4,366,055
220,341
209,187
v.
887,412
863,778
984,630
1,007.450
110,016
692,747
ft ftftftfty
ft'.-.-ft:'-'Yft: ': --ft-ftftft' •• ft;
229,653
ft;
.
' '
?
:
-
.•
.
rft
27,240
—
long-term debt.
discount,
$528,880
Dr6,446
$2,188,304
$2,524,439
536
Drl0,566
$522,434
$2,188,840
$2,513,873
136,375
138,766
o49,484
567,391
31,467
income
210,239
$556,368
(net):
69,150
2,238
income—
income
Gross
$9,201,614
ft'ft'ft
240,500
in-
excess-profits
taxes
Other
4,687,833
r
...
210,400
of
$9,510,075
1,084,519
'ftftftft
230,147
taxes
lieu
1943—12 Mos.—1942
$2,180,183
ex-
—
income
Charges
1943—3 Mos.—1942
$2,435,220
1,200,043
Fed.
Fed.
call premium
of
and
of
pense—net
received
Amort,
34,867
28,800
28,300
115,200
115,200
8,972
8,805
Crl4,021
12,159
1,049
2,819
19,761
7,256
$349,704
$308,378
$1,382,679
$554,130
ex-
prem.
—
pfd.
stk.
Net
Dec. 31,
1942.—V.
.ftft'
interest
income
(net)-.
deducs—"
income
stock
ft'ftfty 'ft-iftftv ;;ft-ft;.-'.'
135,737
143,221
re¬
financing expense
General
Other
on
ft..'.1
$2,839,063
taxes
Southwestern Gas & Electric Co.—Earnings—
Pref.
comparative
ft'ft: ft j
ft
which
$1,061,465
(Cr)
85,962
Amort, of debt
•Pro forma.
the
Chicago,
refund
per
tax—
—
taxes
income
•Earns,
(John)
tax
profits
surtax
income
16,456
other
—;—
normal
Federal
State
The item appearing in last week's "Chronicle"
under, "ScrantonSpring Service Co." should have been given under the above heading.
See
and
deductions
584.
93,235
$7,138,902
tion
resulting from the shut-down of certain equipment during the
period for maintenance purposes and to permit the final installation
of
coal burning
equipment.
The manpower problem was acute in
$225,622
2, 1932.—V. 158,
Period End. June 30—
1943—12Mos.—* 1942
$3,258,968 $17,104,866 $10,213,430
18,421 ftftft
19,982
70,255
75,149
46,612
38,531
188,417
168,407
1
;
Depreciation expense
Oper. taxes & licenses-
McCabe,
1943—3 Mos.—1942
revenue
Total
(& Subs.)—Earnings—
$5,061,341
revenue
$548,633
158, p. 681.
—V.
Period Ended June 30—
Passenger
\
•
Operating
2457.
Southeastern Greyhound Lines
Express
•Revised by company.
or
p.
$17,192
171,438
no'
shares)
par
'ft
157,
412,296
646,360
$44,519
Balance
—V.
34,358
Week-End. Aug. 7
1943
1942
Operating
58,919
stock
351,700
$723,880
412,296
.
864,181
-
pfd.
on
215,872
$960,929
(
...
•'
37,718
taxes
income
Divs.
19,218
$51,550
the capital stock, no par value, payable
Sept. 24 to hold¬
ers of record Aug. 31.
A similar distribution was made
on
1943—12 Mos.—1942
-
income
372,547
$1,075,580
—
$70,768
34,358
——
stock since Jan.
$465,435
241,179
119,216
Interest & other deduct.
1,402,059
$1,176,801
...—
$95,024
16,969
$43,696
pfd.
on
4 74,388
$78,054
income
income
Divs.
586,363
.320,673
Interest & other deduct.
Amort,
673,422
591,544
taxes—"
Southern Ry.—Earnings—
taxes—.
profits
exc.
1943—12 Mos.—1942
$6,645,865
Net
earnings ——ft—
1943—Month—1942
152,615
and 10 cents
year,
43,446
taxes
Federal
p. 398.
Co.—Earnings—
Southern Pacific Co.—To Pay $1 Dividend—The direc¬
tors on Aug. 19 declared a dividend of
317,384
deprec
$1,576,849
ending
.
$583,485
expenses
for
General
•
Net
Dividends
$1,591,133
expenses for June and for the nine months
include income and excess profits taxes.—V.
158,
pro¬
values
share has been declared on the
1 to holders of record Aug. 18.
paid on Dec. 21, last
1943—Month—1942
revenue
Operating
$835,609
532,252
$185,291
T—
$2,431,492
854,643
$423,513
Net
Earns, bef. Fed. & State taxes—
for Federal and State taxes—
Prov.
820,361
216,913
Uncoil,
2,897,635
91,159
revenue
Balance
ft
'
(Cr)
$2,411,494
84,640
$1
156, p. 2046.
Period Ended June 30—
1943—3 Mos.—1942
$276,450
$594,845
*.
* July 4,'42
Ltd.—Earnings—
1943—Month—1942
expenses
South Carolina Power Co.—Earnings—
(& Subs.)—Earnings—
:
5,568,874
Operating expenses
Deprec. & amortizatiqn
—V.
157. p. 172.
6 Months Ended—
$6,447,944
4,773,301.
$30,608,101;
possible
with
compares
$4,624,979
'$266,803
Period—
ft
ft
Southern Indiana Gas & Electric
Net
$222,000; net pVofit $1,111,739.—V, 158, p. 94.
This
1,256,423
$9,648,291 $11,511,571
5,023,312
5,063,627
157, p. 2258.
June 30 do not
Gross
share—
common
$71,403;
vision
no
Sept. 1 on this company's 15-year
1951, inasmuch as the company sus¬
operations for the fiscal year ended May 31,
1,195,546
dividends
earnings
Fed.
Solar Manufacturing Co.—15-Cent Special Dividend—
1,
$1,088,695
___
3,200,000
and
operating profit
$3,110,482; total income, $3,373,626; interest, amortization, etc., $568,484; Federal income and excess profits taxes $994,000; State income
made
June
foreign
———:———
-
Consolidated
ended
Schulte Real Estate Co., Inc.—Not to Pay Interest—
Notice
taxes
Net
'
income
and
2,805,142
war
profit
Earnings per
taxes
Revenue
reserve
contingencies and possible in¬
decline
:
ventory
.ft
and
Federal
profits
excess
$101,568
profits
for
1942
«
$2,345,119
earnings
Note—Operating
$30,608,101 $37,603,143
taxes
)5,410,000]
$2,200,579
1,256,337
$944,242
per
Gross
1943
——
before
Reserve for
•for
payment of
sales
Provision
149,115
60,000
1,741,500]
...
Net
$204,914
(& Subs.)—Earnings—
6 Months Ended June 30—
Net
376,026
$393,745
$4,488,052 $20,606,457 $18,725,846
2,142,933
(5,548,167)
7,214,275
surtax
—
'■»
$686,709
$18,325
$6,286,959 $25,882,To3 $24,846,478
1,798,907
5,276,306
6,120,(332
Period Ended June 30—
Profit
$778,968
requirements
common
$251,846
7,900
.
Note—Capital expenditures amounted to $143,764 in 1943 and $89,817
157, p. 1853.
ftft ft.
11,404
:
requirements—
restated
applicable
$698,11?
33,352
comparative purposes
been
$157,835
T
308,409
,
$794,327
$28,474
——'
dividend
Balance for
have
335,282
$53,215
$61,826
amort
dividend
Preferred
28,750
283,218
230,449
—
Operating
$212,814
profit before
Simmons Co.
$63,934
—
—
10,000
303,560
Southern Canada Power Co.,
in 1942.—V.
"ft V-
revenues—
2,108
;
8,615
taxes
write-offs
*318,611
ft- 24,836 '
Realized
387,227
*27,311
47,597
- v
-;
*"'• v-'-J
oper,
32,775
59,710
taxes-
taxes
'ft
*
Net
$280,596
197,597
—
income
$167,835
$149,745
for
$158,360
1943—12 Mos.—1942
,$268,043
Depreciation
Federal
Provision
162,043
Maintenance
income
74,796
.
Period End. June 30— ' y
1,866
v.
8,414,339
$6,553,502
1,440,423
tax——
stock
com.
$210,948
10,119
6,352,082
9,033,784
852,893
.
$6,144,538 $25,307,845 $24,330,582
142,421
574,918
515,896
dividends
675,577
$270,476 ft*
$164,379
2,820
2,566,137
6,453,623
76,781
Remainder
$886,525
671,105
2,981,855
1,131,491
—$5,113,079
1,171,000)
and
•Loss.—V.
671,437
660,691
1,580,204
2,112,868
$6,323,053
.
income
Earned
$826,977
Total
$385,805
tax
Common
metal
operat.
and
administrative
costs_
2,654,223
2,240,455
revenue.
profits
Preferred
1940
•
2,520 881
2,611,591
oper.
revenue
income
Net
-
1941
2,692,449
612,481
739,647
of
Develop.,
Co.—Earnings—
1943—Month—1942
revenues
Operation
of
earnings
Normal
$627,266
Ltd.—Earnings—
628,043
Fed.
deprec.—
non-oper.
Net
1,150,000
$0.15
*249,657
644,404
Vernon
oper.
Gross
ft; Savannah Electric & Power
for
1943—12 Mos.—1942
$5,269,851 $22,539,733 $22,406,128
7,285,135
31,133,027
27,504,831
250,271
1,077,448
1,085,034
1,618,406
than
lease
Co., Ltd.—Earnings—
664,051
income
for
Net
and sales
3 Mos. End. June 30—
'
1,150,000
$527,266
1,120,000
5,704,334
ft 344,173
—
Interest & other deduct.
$171,267
$7,534 781
6,232,710
$13,578,513 $12,805,258 $54,750,208 $50,995,993
927,543
741,981
4,234,009
3,021,638
expense—
expense
property,
1943—6 Mos.—1942
$290,505
Sherritt Gordon Mines,
understood,
details of the plan include the following:
Claims of the
Reconstruction Finance Corporation and the Railroad Credit Corpora¬
tion, aggregating $10,000,000, would be paid in cash; the RFC would
withdraw its suit to establish prior claim for $3,390,000 in bank loans
and $1,800,000 in collateral notes on which accrued interest amounts
expense
Balance
Commission.
Reported
V.
provision
totaled
1942,
Interstate
revenue—
on
Provision
Rent
30,
as compared with $289,792 for the first half of
(inter-company sales deducted) aggregated $11,820,097
in 1943 against $10,208,694 in 1942.—V.
157, p. 2257.
...
The
with
soon
——_
other
taxes
Excess
Note—The
Edison
Commercial expense
Admin. & gen.
expense
$259,543
$8,246,296
1943—3 Mos.—1942
$5,583,134
7,734,478
260,901
oper.
Transmission
'"V-ft1
ft ftft'ft '
1943—3 Mos.—1942
Net profit after charges
ftft and Federal taxes
1
Outstanding com. shares
Earnings per share—_
A plan to
end litigation, adjust differences and, hasten the reor¬
ganization of the road was reported Aug. 12 to haVe been formulated
by principal creditor groups of the road, which has been in bankruptcy
since
$1,245,876
929,603
(F. G.) Shattuck Co. (& Subs.)—Earnings—
$2,169,613
535,333
$2,790,577 $21,598,411 $16 920 712
1,544,701
13,352,115
9,385^931
California
power
Total
Net
ft: Net
Preferred
164 900
32,107,363
$1,340,803
1,007,713
—_
Southern
Production
21,000
1943, amounted to $4,851,430
and current liabilities were $1,296,042,
comparing with $3,192,973 and
$1,181,468 respectively on June 30, 1941.—V. 158, p. 93.
1942
income
Distribution
$419,102
$3,166,910 ft $5,447,653
1,333,990 ft *3,278,040
;
income
•15,000
Note—Current
30—ft.',
charges but before taxes
•Provision for
374,790
profit —ft
—ft
Earnings per com. share
Safeway Stores, Inc.—-Earnings—ft'
ft 6 Months Ended June
operating
168,558
37,597,469
$3,503,730
2,162,927
—_
income
28,539
158, p» 295.
•
10,000
Co.—Earnings—
1943—6 Mos —1942
$8,428,065 $59,364,438 $49,192 975
5,608,949
Miscellaneous
524,967
v
revs—
Electric
•110,000
94
-
25,924
Oper. rev., elec. lighting
coun¬
contingencies
- -
6,571,779
expl.
foreign
for
rev
expenses
operating
taxes
Net
Net
amort.,
aband.
in
.
.
621,053
22,550
Federal income taxes
unpaid.
but
Note—Beginning with March,
1943,
"Other
Income"
includes
amonthly accrual of $11,890 due to compromise settlement of Vermont
taxes accruing in 1937 and 1938,—V. 153, p. 492.
ft.,; ■
v
.'■ft .; ft .ft . ; ftftv ftftft*.' ft fty.'ftv .'ft",;;v >,'■ ftftftft-ftft'ft-.ft. ;.
ft;.. ■■ ft!:;;ftftftft-ft
'
loans.
deprec.,
$10,101,433
Period Ended June 30—
tries
$30,774 ..ft-$14,270
-ft-ft-
charges
•Includes
bank
on
prop,
work
■
■
ft
689,811
$1,027,400
$1,625,587
income
Interest
$263,737
200,567
oper.
Operating
Intang. drill, and devel.
-ftft;-"
charges—'1
.V-:'
V
•
.
Net
.
"
for;'-
charges
Net
1940
$1,615,410
914,536
costs
Income
1941
$1,717,417
$1,602,048
23,539
expenses
income
Total
;
.
1942
$1,717,212
$265,278
1,406
-
sf!.: ^ ftv: ft*'
s"; income
;
V
$64,200
gen.
Operating income
•
Miscell.••
1943
$2,516,585
revenue
$240,999
71,715
Uncoil,
1943—Month—1942
revenues—
wholly-owned subsidiary companies)
3 Mos. End. June 30—
•.
-.
-
157, p. 1653.
Operating
(And
119,353
120 000
_
Southern Bell Telephone & Telegraph
in Pittsburgh is closed for inventories and will
under the Sexton name, the announcement said.
$342,171
*.
19,141
:X,;
<
—.
>$61,418 >;
[
outstanding
share
Atlanta.
Seaboard Oil Co. of Del.—Earnings—
'
op-
orations
V; :
•
stock
common
per
Operating
.
A
income
—V.
than
more
Net
Earnings
was
Works—Earnings—
Earnings for the Six Months Ended May 29, 1943
a
Its
and
South Bend Lathe
It
leading processor of
cherry processing facilities will
augment the facilities of the Sexton company, which is a larger pro¬
1943—6 Mos.—1942
290,891
-;
has
coffee
Stewart
^
$352,309
$409,439
--343,138
exps.^
The
12.
cherries
established
•
1943—Month—1942
revenues.:.—
and
extensive
ducer
Rutland RR.—Earnings—
Aug,
on
maraschino
the trus¬
are
1878.
p.
CHRONICLE
mmmmmmmmkmmmmmmmmmmm
i
dividends
93,750
93,750
375,000
$1,668,645
375,000
$255,954
$214,628
$1,007,679
$1,293,645
1941
157,
v-
-
Balance
—V.
———-
157, p. 2157.
"ft
778
THE COMMERCIAL
Southwestern
,
*
Public
Service
Co.—Plans
July
last, prior to which
basis.—V. 158, p. 586,' y y"
Subsidiary's
Stock Sale—
The
to
the
approve
Arkansas
with
has
company
asked
sale
Utilities
by
Co.
the
it
to
of
Gus
divestment order of
a
under
the
Series
A,
contract
and
Exchange
Commission
of
the outstanding
securities of
Walton, Little Rock, Ark., to comply
Commission.
of
$1,000,000
The
securities
be
to
The
sold
to
first
1971, and 100,000
$5).
The basic purchase price is $1,725,000
the bonds.—V, 1587
p. 681.
plus
accrued
interest
directors
$1.25
mortgage 4%
bonds,
shares of common stock (par
1,
1,
the
i
stock
,?
was
on
"-i '
-
on
per
holders
the
no
of
and
class
A
June
26,
this
stock
payable
paid
Dec.
Spear & Co.—Earnings—
Net
sales
Net
loss
the
;
•'■■■■.
Spear,
1942
president,
stated
in
that
58,751
.
"The
to
management
meet
war-time
157, p.
of
your
has
company
conditions
in
adopted
accordance
with
operating
Government
ceived
Other
in
1942
50
ending July 31,
1942;
1943,
for
and
the
corresponding
29.70%
35
period
below
weeks
of
its
retail
those
stores
Other
cents;
the
following
for
the
the
five
same
ending July 31, 1943,
158, p. 585.
five
7%
weeks
weeks
8.69%
$3
of
below
dividends"
income
:
:———J
Profit
before
taxes
Federal
income
Reserve
for
and
and
discount
and
reserve———
dividends—;
preferred
profits taxes—
contingencies
post-war
125,000
banks,
$229,181;
total,
profit
Earnings per
—
$1,155,175
—
subject
make
to
renegotiation of
exact
comparison
Government
between
1942
1943
period are
impossible to
is
periods
due
voluntary and renegotiated price reductions effective in a
year 1942 and throughout 1943 to date.—V. 158,
p. 681.
to
of the
part
Consolidated
Net
income
profits
"On
after
taxes
"Earnings
Earnings
Six
charges, and
Months
Federal
Ended
income
1,
May
and
Sales
accumulations
amounted
preferred
to
$54
stock,
share
a
which
on
July
on
unpaid
1,
of
Standard Cap & Seal Corp. (&
Consol.
net
profit
depreciation,
income
1941
1940
ments
after
__;
etc.—
$184,253
$141,931
$163,552
216,893
216,604
216,504
share—
per
$0.45
Note—Company states
158, p. 398.
that
it
$0.36
liability
no
taxes
dividend
of
stock, payable
like
V.
amount
156,
10
foi
Sept.
1
has
been
declared
holders of record Aug.
to
made
were
share
per
70,571,365
income
in
1942
on
June
1
and
20.
Dec.
Standard Gas & Electric
Electric
output
3,867,426
the
on
common
Distributions
23;
400,002
Gas
&
of
the
utility
stock
common
York
Stock
scribed.
ments
Exchange, Aug.
Bids
made
were
allotment
shares.
for
was
17,
quickly oversub¬
was
received for 20,855 shares and allot¬
on
the basis of 36%.
The largest
were
755
A total of 121
shares
and
purchases
the
smallest
for
Bank
158, p.
Standard Oil Co. of Indiana
6 Mos. Ended June 30—
"Net
profit
Earnings
1943,
1942
and
stock
tax
depletion,
after
tOn
provision
including
Consolidated
$5,037,098
net
}$1.43
for
""On
taxes,
excess
shares.
$1.34
etc.,
and in
taxes.
tOn
profits
15,284,889
shares
common
of
June
30, 1943
taxes
and contingencies
excess profits taxes and
contingencies—
6,282,975
—.
$i 231,121
share
'
determined.—V.
23.
and
157,
p.
2458.
on
Aug. 18 declared a dividend
stock, par $5, payable Sept. 1
June
June
V.
1,
157,
This
p.
with
compares
1, last.
50 cents
Payments
each;
and
25
in
cents
1942
Sept.
1
and
50
to
share
per
were
of
as
cents
holders
paid
follows:
Dec.
1950.
1,
25
of
record
March
March
cents
2
1
and
each—
Consolidated
"Marketable
tAccounts
Special
deposit
Construction
company
158,
p.
Will
681.
157, p. 2054.
share
record
on
17
the outstanding
Sept.
18.
Similar
declared
common
a
quarterly dividend, of 25 cents
stock, payable Oct. 1 to holders
distributions
were
made
on
April
in
March,
30
panies
hand
June-30—
(after
-
provision
1
1942,
receivable
158, *p.
*
'
9.3
97,433,152
t
2,926,142,/
9.4 V
1,704,342
3,265,627
6,413,636
y.
22.4
6,614,735 y
106,628,252
^
71.7
U.
S.
(& Subs.)—Earnings—
$2,089,865
$1,136,385
$618,827
15,902
8,848
$2,105,767
$1,145,233
347,970
390,071
410,483
24,328
27,267
28,618
of
Net
_
funded
on
Amort,
debt———
discount
Miscellaneous
funded
on
debits
income
—___
—
debt
7,609 y
—
Federal income and surtaxes
Twin
/
Coach
profit
of
.
1943
depreciation
in
1943
1942
1941
and
Note—Federal
ended
V.
June
157,
'
-
472,500
$0.80
30
income
taxes
and
and
to
profits
excess
$164,703
^y
in
taxes
1943
Period Ended June 30,1943—
sales
products
the
six
months
in
1942,-^.
$377,500
Gross, profits
3 Months
Other
*
6 Months
$7,920,417 $15,482,845
—
sold—
5,529,520
11,431,071
$2,390,892
1,390,606
$4,051,774
2,891,976
$1,000,286
$1,159,798
—
sales
on
—____:
Delivery, selling, admin. & general
Operating
expenses—
profit
income
32,946
80,442
$1,033,232
$1,240,240
395,347
788,92G
176,000
in
South
Oil
Corp.
1,824,985
176,000
388,339
1,116,518
(at
cost
80,085,994
_
y
637,699
ttAccrued
taxes
Funded
and
other
.1.
accounts
than
stock,
estimated
debt
notes
15-year
one
stock
tax
debentures
326,534
562,500
3,110,000
($10
;
3,299,920
2,736,400
$931,779
26,736
47,691
3,936,400
13,600,000
:
—
par)
16,500,000
7,624,958
316,735
50,000,000
...
.
15,400,000
16,500,000
11,746,666
—
declared
an
extra
Like
amounts
were
paid
on
Dividend—
dividend of
25 cents
cents
15
March
holders
15
and
June
1654.
p.
451,944
63,882,320
46,291,700
Dr226,946
—
—
shares)
50,000,000
make
reserve
for
reduction
and
$15,727 in 1942.
$436,579 in 1943 and
to' market
tLess
$454,769
reserve
in
quotations
for
1942.
record
15,
last.—-
disapproving the voluntary plan
itself
of
control
company,
of
subsidiaries
the
SEC
left
filed
by the corporation
ultimately to register as
and
the
way
for
open
United
to
another
approach to this objective.
Commission stated that it ."seems
The
appropriate
had
with
in
this
determined
distribution
to
required
of
case,"
but
withhold
only
that
clear
under
all
issuance
of
United
voting power within
its
that
the
a
Corp.
dissolution
circumstances
dissolution
"correct
own
company
shall cease
the
would
it
citing
that
dissolution
as
urged
by
the
The
inequitable
by recapitalizing
to be a
holding
.
While
said
order.
single class of stock and that it
company."
In this connection a distribution to stockholders
portfolio holdings was hinted at by the Commission.
- •
a
of
its
>
.
Commission's
would be appropriate,
is
staff
the Commission in its findings and
opinion said,
United Corp. stated
many times that it
into the business of an investment
company,
substantial progress has been made in this
desirous
While
no
United
that
has
such
In
United
its
Niagara
a
entering
direction,
not
problems
39,020,185
Dr226,945
of
nevertheless
the
63,866,590
235,518,285 220,167,429
,
the
on
of
Corp.—Divesting Plan Rejected by SEC—Way
prepared to say that it is not
of this company under the Act.
adopted
solution
in
its
will
plan
be
is
not
one
a
possible
The
which
of
$5,210
uncollectible
+Less
reserve
in
1943
accounts
for
of
possible
we
solution
approach
carries
much
effected."
are
to
which
hope
voluntary
plan United proposed to reduce its •
holdings in
Improvement Co., Public Service Corp. of New
Jersey^
Hudson Power Corp., and Columbia Gas & Electric
Gas
Corn,
less
Total
share
per
share
per
to
however, "the management of
_
shares)—12"
(11,323
340,833
562,500
2,252,600
-1,108,394
2,528,382
etc.—.
par
5,166,634
y
—
25.
investment
be
,_~_3
—
;
in treasury
$473,235
quarterly dividend of 25
par
$1, both payable Sept.
stock,
Commission
29,225
—
i
no
6 Months
leases—:
regular
divest
it
—_
year);
—
(500,000
to
Quarter
amortization
and
and
charged
^
directors have
157,
to
1,105,863
—
____
contingencies,
stock
income
...
23A%
special
■
amortization,
'
timberlands
2055.
p.
Authough
7,546,296
Federal
obligations—.
loans
special
Left Open For Another—
13,503,607
2,098,756
payable..
payable July 1—
Federal
companies.
(due after
Bank
Serial
and
on
United
1,011,257
4,740,868
purchase
V.
1,200,000
—
preferred
for
and
depletion on timberlands ' and leases were
during the periods ended June 30, as follows:
'
the
Aug.
771,538
current
interest
on
and
""3,000,000
currently
tax
affiliated
depreciation
for
157,
$0.21
$1,042,640,
y'-:
for
United Aircraft Products, Inc.—Extra
an
year.:
Accounts
"Less
2,760,601
/
due
payable,
trade
and miscellaneous
//
compares with a revised net profit of
the quarter ended June
30, 1942.
tThe
for
a revised net profit of
for the first half of 1942,
share
a
Depreciation
645,128
2,187,713
,
obligations,
$0.36
—
$452,362
share
a
profit of $264,289 compares with
—V.
16,711,715
__
one
of
$0.33
Note—Provisions
24,751,828
15,138,944
_
82,608,756
10,904,746
24,615,823
.___
——.
___
11,025
t$264,289
—
share
common
profit
or
82 cents
The
235,518,285 220,167,429
Deferred
net
1,116.518
6,213,955
10,143,857
j..
•
9,523
"$452,362
per
net
common
loan, due within
to
"The
$423,436,
or
;
charges
Purchase
Due
Earnings
Depletion
_
receivables
_
Miscellaneous
Deferred
345,403
6,046,005
(172,743
Transportation
Refining
Marketing
taxes
income
3,649,349
5,508,118
.
and
charges—'..
income
taxes——
/yy'
i
_
(101,969 shares of
stock)
Provision
Net
provision
com¬
6,046,005
Co.
other
income
or
reserves)
Penn
Mission
investments
Wages
and
—
normal
Other
income
capital stock)„__
income
Interest
2,379
10,222,878
^Properties and equipment:
Bank
Gross
i
(& Subs.)—Earnings—
Net
of
profits'
"
y/'1'/ '
Union Bag & Paper Corp.
Cost
for
and
$0.45
"
y.X
'I
472,500
.
excess
'
<
income
,
$0.81
„.
Federal
1942.
amounted
>
472,500
$0.52
$210,000
y
:•,
472,500
,
and
2259.
p.
1940
$378,153 /y $383,313
y
stock
outstanding (par $1)
Earnings per share.,—
taxes
51,956
$126,173,
„
$247,326
_
capital
"After
345,000
$373,066
Co.—Earnings—
6s Mos End. June 30—
Shares
8,214
,,$178,129
$869,635
—
6,617
$625,444.
$718,066
856,225
Net income to profit and loss
r-V. 157, p. 2355.
-
9,829
$1,725,860
—
Com¬
Advances to affiliated companies (less allocated
reserves)
:
;
Other
283,323
32,887,457
4,433,474
tankers
Maritime
-
'
1941
15,465,682
2,342
redemption fund
replacement of
i.
96.4
3,732,221
Gross income
to
than 10% of their outstanding voting securities of
each, by sale,
exchange or other disposition when such reduction
may be advan¬
tageous in the opinion of its board of directors.
Commenting on
tion
.
73.4
7,200,211
7,230,789
-
% Incy
$422,416
8,810.925
expenses
miles
/
1942
-
$732,578
261,425
148,779
for
with
$
11,079,685
30,833,046
.
;
.
allocated
fol¬
;
1943
y
for
—
revenues
Federal
1942
12,489,256
1,931,508
30,317,481
__
capital stocks of affiliated
(less
y
the
more
$4,351,048
V
1,877,000
Investments in
"
y
of
1942
y
Common
-
Sylvania Electric Products, Inc.—25-Cent
Dividend—
Aug.
y.'*
President
applicable to taxable
June
mission
Common
Superior Oil Corp. (Del.)—Proposed
Merger-
of
Sheet,
_
and
fund
Preferred stock
Sunray Oil Corp., above.—V.
on
acceptances
agreement
credits
per
Balance
receivable
trade
and
for
on
in 1942
securities
Reserves
directors
$0.80
combined normal
a
$
Working cash in banks and
Deferred
The
$0.61
on
Note—Above statement does not
continue
see
$0.80
is based
include the amount of
$10,230,770 in
1943, $13,676,958 in 1942, and $15,590,214 in 1941 collected for
Federal,
and municipal
governments in the form of taxes on sales of
gasoline, lubricating oils, and other products.
Dividend
has
Sunray Oil Corp.—V.
/
&
request
4,250,573
;
been announced
by R. Elmo Thompson, President of
Superior
Corp of Tulsa, and C. H. Wright, President of
Sunray Oil Corp.,
that the companies have entered
into an agreement of
merger ap¬
proved by the boards of directors of both
companies, to be submitted
to the stockholders for
adoption, under which Superior is to be
merged
into Sunray on the basis of
6/10 of a share of Sunray common stock
for each share of
Superior capital stock.
The preferred and common
stocks of Sunray will not be
changed.
The name of the
be
J:•.
McNear,
the
at
$5,386,958
State
Accrued
.
to
Ended
pound
Interest
$6,568,822
33,148,237
income.
Liabilities—
Sunray Oil Corp.—Proposed Consolidation—
It
per share—
Total
share
per
on
P.
Adair
1943
$46,291,700 $39,020,185 $36,680,285
6,376,909
6,375,336
-6,372,786
outstanding.
45%
net
Income
Oil
stock
Production
;
_
Standard Stoker Co.,
Inc.—50-Cent Dividend—
Aug.
37,342,776
below)
$0.94
The effect, if
any, of statutory renegotiation of war contracts
the profits of the
company for the six months ended June
30, 1943,
cannot presently be
common
43,004,680
"The provision for Federal income tax
and surtax rate of 40% in 1943 and
capital
$7,514,096
Note
directors
Earnings
Investments in
and
and
Leroy
road
$7,332,527
5,242,663
);
321,575
'V '
$5,352,405
*
shares of
on
the
315,307
;
$6,324,814
30
j
Co.—Earnings—
Months Ended
income
adjustments
Consolidated net profit
The
June
common
under
income
__
on
at
Bank
Hanover.
Operating income
Non-operating income
$6,247,247
$49,329,494 $42,695,181 $39,717,059
1,125,000
1,125,000
1,125,000
1,912,794
2,549,996
1,911,774
Investments
Spring
profit before
for Federal
per
"2,252,600
69,230
profit added to surplus—„:
Surplus at Jan. 1
Loans to employees
^Inventories
1940
■
providing $15,084,762 for Federal
profits taxes of $5,721,378.—V.
158, p. 398.
excess
Steel
post-war
Earnings
\
§After
Earnings for Six
for
1941
t$1.27
Federal
15,271,982
outstanding.
Standard
Provisions
681.
(& Subs.)—Earnings—
1942
George
Twin City Rapid Transit Co.
$8,250,204
$6,255,584
Notes
""$1.44
1941
15,284,915 shares.
income
of
——§$22,079,417 $19,390,526 $21,763,134 $20,497,223
depreciation,
common
1943
share
per
"After
$7,350,845
1943
Armstrong, formerly with the Federal Reserve
San Francisco, has been elected
Assistant Treasurer.—V.
J.
6 Months Ended June 30—.
1,498,198
Assets—
D.
Central
5
New Official—
Herbert
1,640,247
471,729
1,993,000
made by 47 firms.
were
that
682.
412,655
453,263
,
Total
the floor of the New
on
said
Suit
Operating revenue
Operating expenses and taxes
461,772
Surplus
,
'*■■■■
the
Judge
miles—..——uu—ymiles
(OCO's omitted)-
$8,711,976
'
operating
Calif.—Special Offering—Shields &
7,500 shares of
(no par) at 37%
by
,
that the special offering of
announce
366,132
1,757,174
Electric Co.
Standard Oil Co. of
Federal
Mail, pound
6,526,294
392,116
Shares
Co.
filed
—V.
480,000
expenses
Net
Co.—Weekly Output-
public
450,000
/
of
since.—
none
'
against this Government-operated
'..•y;/-;',>/yy,y:.• /'■
passenger
Express
3,159,301
7,488,830
4,541,441
7,151,169
income
>
suit
taxes)
Revenue
51,103,899
taxes)
administrative
income
by
counsel
earnings
"Net
companies in the
system for the week ended Aug. 14, 1943,
totaled 194,696,000
kwh., as compared with 158,604,000 kwh. for the
corresponding week last year, an increase of 22.8%.—V.
158, p. 681.
Standard
52,632,124
$7,742,961
/ Total
*
'
:yv'
was
taken over by the Government
labor dispute.—V. 158, p. 586.
a
Operating
Operating
1941
Net inc. from oper. for the
period
Other credits (net)—
2230.
p.
"y
1942
500,068
■
profits
held
1943—7 Mos.—1942
road
Federal
Subs.)—Earnings—
$9,800,365
434,781
"3,110,000
$0.39
,
excess
•
cents
(&
342,050
Non-operating
50%—
yyyyyy-
receivership
dismissed
Months
Net
$4,«
$82,771;
(other
Standard Dredging Corp.—10-Cent Distribution—
A
$100),
par),
Int. and amort, of funded debt
exps.
Prov. for estimated Fed. income tax
$0.26
has
(par
(no
$9,300,297
216,503
taxes—V.
stock
stock
selling
$169,750
outstanding
&
to be
Transcontinental & Western Air, Inc.—Earnings—
$93,727,144 $74,131,958 $71,430,551
——
and
(net)
General
v-■-/ /-V
y
meeting
capital from 500,000
in par value from $5 to $100
and
oper¬
,
Federal
y'
-
,
—___—
Prov. for depreciation &
depletionAmort, of undevelop. leasehold costs
Dry hole losses and property retire¬
Subs.)—Earnings—
1942
Federal
taxes,
Com. shares
Earnings
1943
other
sold
Insurance, rentals and
than
6 Mos Ended June 30—
discount
intercompany
(net)
products
annual
1943—Month—1942
$1,308,220
foreclosure
bank,
The
1943
expenses.—:
158,
681.
p.
Cost
dividend
1943.—V.
of
transactions)
$9.99
$6
and revenue from
(excl.
of
■
Change
authorized
increase
an
.\-v-:
asking
bank's
lowing
debt
stock
ations
$92,809
of
cumulative
cumulative
•
excess
__
shares
preferred
preferred
6 Months Ended June 30—
1943
share—
per
9,292
for
"$8,728
subsidiary companies, $100,895; cash in
deposits, $4,904;- accounts receivable, $300;
Tide Water Associated Oil Co.
Stahl-Meyer, Inc. (& Subs.)—Earnings—
the
The
subsidiary
certain
to
road, had appeared personally in New York and satisfied in full
than $35,000 due on first
mortgage bondsy
''
stock
(78,437 shares, no par), $452,771*,' class B
(par $1), $450,000; funded debt, $9,274,000; due to
companies, $59,500; account payable, $2,603; accrued in¬
terest, $38,642;
accrued taxes, $28,435;
reserves,
$1,767,840; capital
surplus, $566,762; surplus reserved for general
contingencies, $160,000;
earned surplus, $1,417,082;
total, $19,217,804.—V. 158, p. 494.
1943
It
$29,256
common
A
common
the
contracts.
and
class
$3.57
share
common
Note—Company states that profits indicated for
of
187
Co.
been
6
first
participating
in
and
y
^ ,Westenv RR,—-Receivership
Peoria >
/
■
mortgage
has
61,831
$19,217,804.
917,400;
$1,548,178
$2.65
_
notice
1943
"
y
from
special
Liabilities—7%
Net
A
Balance Sheet, June 30, 1943
due
Ltd.—Plans
,,y.:y
received
decrease
10,000 shares and
Toledo,
:
$53,290
34,422
unamortized
Corp.,
in
y/y
'/y
$869,877' $9,139,820 $7,130,787
"Sales of company and its domestic
subsidiaries.—V.. 157, p. 2259. -1,
-
$18,288,277;
$1,550,000
share.
Trust
$63,678/.
$32,210
of
y/yy
Thermoid Co.—-July Sales Up
20,455
/
__
1
to
Dismissed—
20,253
34,422
'y
y
Period Ended July 31—
"Sales
:
$359,917
48,063
238,107
dividends
$594,246;
expense,
$6,051,560
4,398,382
125,000
3,773.515
—
—
$311,854
.;
_
p.
607
$66,632
preferred
Oil
proposed
a
amount
2158.
Stockholders will also be asked to discuss a proposed pur¬
by this corporation of the capital stock -of Paluxy Asphalt Co.j
corporation, or .a merger of the two companies.—V. 157,1950. ;y '•/■.';y / y ?y•' >'• y
'y ;>■
':/> 'y!.'"■
y -y
2,354
235,693
19,973'
the
p.
Texas
$357,563
$320,232
income
Assets—Investments,
1942
$5,053,690
_—
consider
a
y.y.^ yy, .y:
-
608
494
C,. in
chase
232,514-
expense—
y-yy;
excess
to
per
$319,613
*
—
and
The shareholders have
and
1941
$369,491 .W; $369,345
49,879
49,113
and taxes
expenses
'
B
Capitalization—
were
30
1942
600 "
Balance
v
1943
Sept.
y/v/'/,./y.
$368,891
$368,737
re-;.
—
Square D Co.—Earnings—
V
March 31
on
dividends
30,
586.
p.
subsidiary companies
"Deficit.
/'/
June
series
Texas-Canadian
,
30.
the
1942.—V.
6 Mos Ended June 30—
158,
and
1943
interest
Net
for
each.—V.
Net earnings
Debenture interest
policies
desires."
Debt
reports sales in
from
Operating
1854.
corporation
cents
31,
income
Total
Spencer Shoe Corp.—July Sales Lower—
The
25
March
'Income—interest and
sales
two
periods, "it should be noted that the sales during the six
months
ending June 30,
1942,
were
abnormally high due to the
moving-out sale preparatoy to opening the new store in Pittsburgh.
Bank loans were reduced from
$1,150,000 at Dec, 31, 1942, to $150,000
at June 30, 1943.
—V.
issue:
Sept.
Telephone Bond & Share Co.—Earnings—
:-
■,
the net
this
6 Months Ended June 30—
"46,294
•'
:
comparing
tion
$1,980,000 in 1942.—V. 157,
shares
$4,685,200
——
charges and taxes———
•Profit.
Nathaniel
for
30,
-A:^■ :v-r^• -■r'.;.
■.''■.■7,.1943
$4,176,144
—
_
after
on
about
made on the class A stock
were
while
year,
ordinarily
.
6 Months Ended June 30
Class A Div.—
.
value
par
Monday, August 23, 1943
decline in inventory values of
$3,350,000 in 1943 and $2,000,000 in
1942.
§Less
depreciation, depletion and amortization
reserves
of
$215,127,426 in 1943 and $207,196,724 in 1942.
""Includes serial notes,
due currently.
ttAfter deducting U. S. Treasury notes, tax anticipa¬
quarterly
y
Aug. 17 declared the usual quarterly dividend of
the 5% preferred stock, par $100,
payable Nov. 1
record Sept. 17, but took no action on a
dividend on
Payments of 20 cents each
on
•'
on
share
CHRONICLE
3iy4-cent
a
v\''
Tacony-Palmyra Bridge Co.—Omits
all
B.
the
consist
due June
Securities
& FINANCIAL
United's voluntary plan
by United of its holdings to less than
the Commission
10%
said
reducZ
constitutes. "the heart
Volume
of
the
plan."
United's
added.
9.9%
or
widely
is
held
The
THE COMMERCIAL & FINANCIAL CHRONICLE
for
assuming
to
reduction
of
the
distributed
its
interest
stock
in
present
of
small
.the
amounts,
'
not
by
remain
with
even
the
far
to
necessary
that
"Net
largest
.
tributed.
"After
that
United
consult
its
holders
security
program.
embarking on
before
such
reduced
,
is replete
plan
;
.
.
with
The
small
in
above
"In
1941.
of
sidiary
systems
of
holding
unfair
(b)
in
shows
to
that
the
earnings,
system
relation
United
Engineering
period
six
156,
to
real
Provision
for
of
Co.
a
157,
and
Service Corp, of New Jersey
United Gas Improvement Co.
,
offices of
the New
York
transfer
(J. P.
agents
Morgan
& Co.
6 Months
Net
Securities
Committee
net
of
the
National
Inc.,
District
of
Association
13
No.
1943,
30,
16%
were
July 3,
ended
and
Net
30,
machinery
1943,
and
there
equipment
added
was
Profit
molded
accounts.—
plywood
-V.
otherwise
bills
Due
1943.—V.
covering
158,
>,
specified.
the
above
securities
shall
be settled
on
Aug.
on
V
1943
:
but
Power
Vadsco
Sales
$322,869
:
1943
purchased :
Operation %
of
Amort.
plant
Fed.
taxes
Federal
taxes
466,329
1,746,907
106,883
223,004
1,633,222
218,561
509,654
504,217
21,890
21,890
$577,699
income
(net)-—-
10,710
10,945
204 207
158,487
291,401
415,592
256,821
of
:
99,678
183,423
133,788
$518,774
8,675
—
inc.
applic. to United
Public Util.
Corp.-
$588,409
$527,449
9,115
J—•
Gross
Other deductions
393,085
■
11,599
$1,036,353
24,1*75
$1,060,528
46,546
.
$1,030,357
17,828
92,148
present
$84,148
•"""
«•
exps.
other
$515,850
$1,013,982
$1,028,077
Power
&
$2,789,838
206,386
234,983
taxes—
634,907
taxes —-——-
233,804
oper.
revenues
income
(net)
$1)
(par
of
dividend
for
during
amounts
for
$422,406
$6,070,471
1,867,011
1,171,602
$3,031,858
excess
Inter,
and
come
miscell.
Net
income
157,
p.
126,421
122,446
$461,838
$887,561
income
211,734
416,981
taxes
include
1943
Other
176,488
share.—
$1.86
t$0.20
Nil
U0.14
per
:'
1943
$250,104
$470,580
$481,261
from
depreciation,
1942
1941
1942
30
1943
assets
1942
$188,975
$109,172
1,311,432
2,149,349
V. 17,836
■
9,771
18,286
13,500
16,731
(net)--4-«.—
390
■
expenses
6,419
7,144
9.221
$2,384,981
$1,476,246
t$l,509,000
$724,000
17,288
7,000
' ——
.
payable
(secured)
,
—
bond fund
war
——
(secured)——.
1,303
■
191
11,103
_
expenses —
~3~,845
3,379
—-
$36,377
1.214
617,820
623,320
188,711
116,675
.i-l——$2,384,981
$1,476,246
stock
(no
par)
—.
shares
in
1943
and
^Includes bonus.—V.
21,166
shares
157, p.
1856.
in
1942.
(& Subs.)—Earnings—
1943—6 Mos.—1942
1943—12 Mos,
1942
$28,695,951 $26,334,436 $55,966,900 $51, 101,690
expenses9,171,667
8,407,916
17,960,270
920,252
Maintenance
1,920,256
1,797,759
3,824,695
,685,831
"Fed.; .taxes, on income5,073,160
4,282,708
9,846,962
,421,790
Other taxes
2,380,129
2,348,160
4,628,461
,515,459
Prov. for deprec., retire¬
revenues—
and
of
depletion-
2,977,068
2,581,695
5,650,034
199,757
69,000
482,757
413,512
$6,847,198 $13,573,661
$13,356,123
4,788,723
account
prop,
„
$1,308,093
1,032,139
38,722
23,237
for
Reserve
for
Deferred
$323,910
other
Federal
income
&
taxes
160,000
-
post-war
reserve,
2,394,962
4,690,168
439,922
,331,486
821,408
698,732
1,115,873
152,185
1,115,873
146,311
2,231,746
2,231,746
286,442
282,482
96,719
82,475
199,495
204,721
deductions——84,470
73,427
149,625
111,283
$2,763,567
$5,408,242
$5,402,197
replacement
Application
of
application
■
reserve
Electric
inventory
replacement
$2,854,035
$81,660
$85,138
26,101
12,834
$107,761
$97,972
•'■
*+
1
debt
.-.v
''.-V*.
■
,
of
and
Misc.
Penn
Co.:,,
—
Amort,
reserve-
.
—
Deducts.—West
—.
inventory
.
_
dividends——
Balance
20,000
of
4,720,709
l
disct.,
and exp._
int.—public—int.—par. co._
Interest
before
1
——
debt
(net)
Minority
Minority
Misc.
obsolescence
—
income
295,747
12,778
190,000
213,465
'
than
——
expenses
maintenance
110,903
$6,958,101 $13,787,126 $13,651,870
2,329.223
—
of
prem.
10,000
17,250
charges
taxes——
——$7,072,477
Deductions—Subsids.;
Amort,
$267,916
15,000
.
governmental
income
$6,973,914
.
i 98,563
income—
income
Gross
$244,679
27,548
income
Miscellaneous
Net
income
Non-operating
31,275
$296,362
Net
income
after
application
per
common
of above stated
disct.
'
130,600
•'
130,605
261,202
■'
261,205
•."•Iv-'c-"',:;
.
3,315
3,315
6,630
6,630
11,991
17,567
18,671
24,101
$2,708,178
$2,612,080
$5,121,739
$5,110,261
2,230,178
478,000
2,224,085
387,995
4,266,523
4,722,266
855,216
387,995
$2,708,178
expense
$2,612,080
$5,121,739
$5,110,261
—
deductions
share
Condensed
$718,651;
Net income,
;
stock—;
—
Balance
:::
Sheet,
marketable
June
30,
48,387
48,387
$2.63
—
cial
$2.33
Net
$1,808,249; accounts
inventories, $1,009,261;
(less reserve of $25,060), $394,294;
own preferred stock (2,175 shares),
$259,959; other invest¬
including loans to employees qn home mortgages, $25,371; plant
and equipment (less depreciation and obsolescence reserves of $2,923,925), $1,370,025;
processes and
intangible assets, including goodwill,
$2,544,677; deferred charges and prepaid expenses, $15,391; post-war
excess
profits tax credit (estimate),: $20,000; total, $8,165,877.
ments
Liabilities—Accounts
payable and accruals, $321,766; dividends pay¬
$94,055; reserve for income and excess profits taxes and other
governmental charges, $682,449; reserve for contingencies and in gen¬
eral
"including deferred maintenance and post-war obsolescence", $383,366; reserve for governmental charges (not current), $75,813; inventory
replacement reserve, $65,015; post-war excess profits tax credit reserve
(estimate), $20,000; preferred stock (15,223 shares), $1,522,300; com¬
mon stock
(32,258 shares), $3,225,800; capital surplus, $107,925; earned
surplus, $1,667,388; total, $8,165,877.—V. 158, p. 400.
:
■
1943
income
consolidated net
"The
June 30,
shown
1942,
Gross
7,685,042
exc.
profits taxes
794,745
698,121
673,965
$2,327,293 !
$1,887,821
17,107
50,164
$2,344,400
——-„
$186,499
$127,124
$2.03
$2.29
$1.29
Federal income taxes,
etc
TOn
-
other
of
the
Federal
V.
156,
p.
on
on
direct
deductions
common
905,580
34,899
shares
is
849,358
289,319
637,524
—_
;
in
operating
derived
from
for
rates
Crl,352
$197,573
^
revenues
increased
637,524
206,214
—
:
$129,861
the
first
six
$163,136
months
of
authorized
of
by an order
the District of Columbia, which
has been subjected to judicial review.
A decision of the U. S. District
of
the
Public
Utilities
than
ended
the net income
West Penn Railways
revenue
Operating
expenses
taxes
and
1942.—V.
157,
p.
1952;
Co.—Earnings
—.
$743,385
$460,812
—
334,113
123,176
92,516
income-
taxes
1943—12 MOS.—1942
272,851
-—
on
1941
1943—6 Mos .—1942
Period End. June 30—
Operating
Maintenance
of
vi'v;
55,500
15,048
—
21,100
13,361
$1,325,058
$837,072
620,286
548,745
222,670
'•
173,123
84,800
48,185
27,250
for
depreciation-
28,284
216,000
45,000
354,000
Operating income
65,300
"$452
$15,984
$16,052
"$26,565
Non-operating
Commission
—
Gross
income-
436,177
498,439
935,737
1,155,771
__—_
$435,725
$514,423
$951,789
$1,129,206
116,787
118,232
234,500
238,341
9,160
12,120
21,620
24,780
1,203
16,206
19,865
"27.623
$308,575
$367,865
$675,804
$838,462
income
on
funded
debt
tax
under
Payments
!
covenants
deductions
Net
—.
■
income
$1,088,627
397,509
-
stock
stock
charges
Note—Included
1943
12-months periods
$1,937,985
$1,438,820
—
—
preferred
Acts
Revenue
2048.
♦Loss.—V.
Dividends
and
794,669
826,485
.
Income and
income
and
the 6
for
$1,286,111 greater
tax purposes in respect of certain facilities under Necessity Certificates
issued by the War Department, and'as determined after the passage
Prov.
862,678
income
and
respective
periods in the quarterly report to stock¬
holders issued for the second quarter of
1942.
The revised figures
reflect reductions in provisions for Federal income and excess profits
taxes as a result of amortization being claimed as a deduction for
Other
1942
8,571,684
taxes
income
income
$840,443
is
the
for
—$13,382,885 $11,739,618
—
operating revenues
Other
spe¬
adjustment
'
Months Ended June 30—
for Federal
tax
"Net
Fed.
Washington Gas Light Co. (& Subs.)—Earnings—
General
inch spe¬
adjustment
before
"Special tax adjustment
1943
company's
12
tax
income
cial
securities,
1940
$167,634
$2.99
173,040
(secured)-—_——I~
customers
adjustments
1,212,212
——
Balance
t$266,417
•After
.•
Balance Sheet, June
• I: -'-V- '■
■
————
Preferred
Dividends
share—
163,832
-
Interest
Total
[ucts Co.—-Earnings-
per
1940
•
t$3,448
Amort,
$1,547,297
——;
income
Interest
1855.
6 Mos. Ended June 30-
1941
Nil
Operating
-
Profit
Other
(Earnings
192,721
West Penn Electric Co.
pro¬
424,370
$317,404
■
Period. End. June 30—
Co.—Quarterly Earnings—
——
$905,631
206,629
—-
1942
of
Net
—V.
:
1943
t$4,181
Operating
Operating
(1942,
products of detinning, smelting & other
factory operations
Charges against sales, for cost of tin plate scrap
and cans used, etc
——,
Depreciation reserve —
—i_—
Net
54,012
in¬
deductions
inadvisable.
$38,842
ments
Vulcan Detinning
Exchange
———
Total
profits
1943
the
on
$38,917,570 $22,520,516 $33,280,799 $46,607,604
"Represented by 20,891
tincludes drafts payable.
.
estimated
the $100 par 7%
The application stated, among
the security is so inadequate
163,832
"Common
income and excess profits taxes
give effect to the provisions of the Revenue Acts
the respective periods.
ending June 30,
the New York Stock
registration
Co.—Earnings—
Provision for taxes—!
$2,496,097
surplus
Federal
and
dealings. therein
Surplus ——
Federal
for
&
Due to customers
to
above
the application of
listing
134,584
138,765
Employees'
1,171,602
requirements
Quarter Ended June 30—
"
55,262
$524,033
—.—
further
Liabilities—
$3,667,699
shown
granted
from
199.
p.
tLoss.
Notes
1,816,453
$4,203,460
and
11
Aug.
strike
153,877
Miscell.
Balance
Eisenlohr, Inc.—Delisting—
on
to
Loans payable (unsecured)
$5,484,152
150,818
stock
period
income
Total
Br95,571
$271,588
purposes
the
taxes—
Prepaid
$5,579,723
Drll9,421
157,222
common
for
and
Accrued
$6,189,892
Dr34,795
$542,277
stocks
199.
p.
income
Interest
——-
$1,265,717
pfd.
——
Fixed
v—
taxes of $5,398,388
for the
12
$2,678,700 )>r after deducting esti¬
mated post-war credit of
$599,821 (1942, $208,944).—V. 158, p. 296.
Sale
622,518
to
1943—12 Mos.—1942
-—$385,054
comparative
vision
863,653
$1,888,235
622,518
Accrued interest receivable——
Bid deposits
•
:
—
Balance
months
879,881
$2,907,734
—
com¬
$457,201
15,680
—
amortization
Balance
The
$526,597
■r
—
Interest &
"For
69,802
$146,725
Cash
$2,409,657 $32,217,136 $26,705,783
865,756
11,334,037
9,785,763
231,106
2,288,118
2,159,233
225,365
2,782,628
2,614,895
"427,400
"7,054,488
"4,302.900
202,830
2,567,972
2,263,269
953,161
^
income
Preferred
73,250
■'$230,412
;
158, p. 95.
Co.—Earnings— -r;.
1943—Month—1942
—
Balance
•
Prov.
Utilities
& taxes, less
income
deductions
Inventory
Corp.—
Gen.
$2,751,888
,
"$0.35
capitalization of 207,391 shares
revenues
Operating revenues
Operating expenses
Depreciation
$579,295
$3,787,615
8,000
share———
Maintenance
$1,048,185
20,108
gross
Public
United
792,855
taxes
income
Balance
v
254,062 1
173,978
operating
Other
528,501
77,978
$216,527
make
Earned
$1,291,553
able,
(net).
Net
271,802
190,258
piu*.
exc.
347,944
10,945
—
inc.
State
&
$5,028,722
376,686
acquis.
—-
Federal
$5,310,903
173,052
112,960
adjustment
State, •local and mlscell.
40,580
$303,662
6 Mos. End. June 30—
11942
73,500
receivable
$2,590,745
868.367
.
depletion-
and
'
•
256,639
.——
Maintenance
$2,711,308
49,626
$2,285,216
158,
Net
172,026
taxes-—
profits taxes
tAs reported by Vadsco Sales
Corp.—V.
Assets—Cash,
'
301,185
Gas
Deprec.
*
184,704
'
$3,737,989
1,603
—
,
$98,526
before
reserves, to surplus
Dividend paid on common
$2,754,714
revenues
$214,924
4,502
applic.
Expenses
Corp.)
.>
1943—12 Mos.—1942
'
purchased
$299,160
(net)
1,164,750
23,000
$334,523
—V.
$345,869
•—
common
(& Subs.)—Earnings—
1943—6 Mos.—1942
Subsidiaries—
Operating
revenues—u.
SEC
to
as
1942
$353,523
19,000
.
Depreciation—_j„—
Earnings
Period End June 30—
1,090,440
cumulative preferred stock of
company.
other things,
that the distribution of
.
excess
——
per
Operating
Operation;
27,
'
United Public Utilities Corp.
•
1,246,285
1,094,451
,
682.
p.
1,298,583
1,157,634
Webster
The
Sales
Virginia Electric
Net
de¬
97,530
etc.,
Exchange
—
Period End. June 30—
Other
expenses'
90,688
income
158,
Due
Federal
130,334
Balance
for
parts
$1,713,328
stock.
mon
for
by
$127 475
91,109
income
Dividends
.
charges
profit
"Based
reversed
is
107,153
income
Assets
Net
130,273
-
oper.
Inter.,
588.
p.
income taxes—.
Ended. June 30—
after
Earnings
was
year
approp.
——
res.
1943,
.
unless
389,514
Gross
June
order
1943—12 Mos.—1942
$938,244 $12,389,624 $11,599,490
404,768
5,100,967
5,386,707
$1,017,209
taxes
Other
on
rate
1943—Month—1942
revenues
Prop, retir.
1942.
period
profit
Federal income and
Federal
(which includes New York,
New Jersey and Connecticut) on Aug. 18 announced:
f
All "when, as, and if issued" contracts in Philadelphia Electric Co.u
common
stock and Public Service Corp. of New Jersey common stock
effected over the counter shall be settled on Aug. 30, 1943, or may be
settled prior thereto on one day's written notice.
All contracts on and after Aug. 26, 1943, should be "regular way"
Dealers,
June
sales
Reserve
Practice
Other
Gross
Delivery and Due Bill Rulings—
Unifnr—
ended
such
expenses
taxes
Federal
In¬
corporated, for Philadelphia Electric Co. common stock, and Guaranty
Trust Co. for Public Service Corp, of New
Jersey common stock).
Scrip certificates issued by The United Gas Improvement Co. for frac¬
tions of a share of such stocks may not be split up.
The
of
Corp.—Earnings—
904.
p.
applicable
Public
the
period
(Formerly
Other
Foundry
dividend
common
Operating
Operating
was
Universal Laboratories, Inc. (&
Subs.)—Earnings—
the common stock
standards of Section 11
the
account
Weeden
share of new common stock of Philadelphia
value
par
and
approximately $57,000 lower
in
power
l/12th of a share of common stock
of no par value for each share
of The
capital stock held of recoid at
the close of business on June 15, 1943, was mailed to stockholders on
Aug. 19, pursuant to the plan for partial liquidation.
Fractions of a
share of such stocks will be represented by scrip of The United Gas
Improvement Co. ^
V.
The New York Stock Exchange on Aug. 18 directed that beginning
Aug. 26, 1943, Exchange contracts in The United Gas Improvement Co.
capital stock may be made only "ex-distribution"; and that all due
bills must be redeemed on Aug. 27, 1943.
;; ;■%
Certificates of stock may be split up into smaller denominations at
no
surplus
1942.
31,
estate
Federal
Estimated
—V.
vacating
in
703.
p.
United Stores
system
United Gas Improvement Co.—Stock Distribution—
distribution of Va of
of
were
Dec.
months'
have been restated
A
$138,957
6 Months Ended June 30—
.
Electric
months'
inventories
the
of
Co.—Secondary Of¬
fering—Mellon Securities Corp. announced Aug. 17 a
secondary offering of 10,000 shares of common stock (par
*$5) at 2814 a share, with a $1 concession to dealers. The
:
offering was oversubscribed and the books closed.—
V. 158, p. 587.
of
of
1943,
3,
Earnings after charges but before taxes—
-■<
&
dividend
July
,
although the combined book assets of the sub¬
95 times the equity of-the common stock per
although its claim to earnings was but a small
system earnings and revenues," the Commission said
>
to
At present
this plant is manufacturing
airplanes and other war purposes.—V.
158,
and
158, p. 399.
1
formerly in charge of Production Control and Engi¬
neering Planning for the Woodworking
Department of Western Elec¬
tric Co., has been
appointed Manager of the plant of the Plywood
company at New Rochelie, N. Y.
United's common varied from
a low of 0.377%.
in
controls the entire
concentration of voting
ineauitable, and contrary to
(2).-—V.
Jan.
six
with
1943,
Court
Washington Water Power Co. (& Sub.)—Earnings-
excess
United States Plywood Corp.—Official
Appointed—
claim
such
that
consolidated
combined
the
such
and
estimating Federal income and
Lloyd ,L. Miller,
_
stock
common
and
$248,789
Net
are
the
similar
$109,432
V.
United,
United,
fraction
the
February,
S.
Period End. Jun 30—
period
the
compared
In
of gross revenues in 1937 to
the common stock of United
short,
system
books of
record
the
to
.1941
,
-
preferred
for
Stock
as
is
Net income applicable to
1.197%
high of
in
said
claim
amount
income.
gross
a
littie
has
after
1942
$322,014
The Commission said United's
•
it
;
the
by
Sales
.
exist.
to
uncertainties.
held,
Commission
Commission
United
is
the
in
U.
of Appeals in July, 1943.
operating expenses for the current
currently credited to a reserve account as provision
ferred because of war conditions.—V.
158, p. 496.
paid on March 1, also by $100,000 transferred to reserve for
adjustment on raw materials account, and increased by earnings of
Net increase in surplus account for the period was
$48,101.
unable to find the plan fair
and equitable to the persons affected thereby, as it makes no pro-:
vision for redistribution of voting power,
The plan, the Commission
said, perpetuates the virtual disfranchisement of the. preferred stockholders and consequently is not fair and equitable to them.
The Commission held that United contributed nothing to the normal
function of the system companies and is therefore economically un¬
necessary to their operations.
For the unnecessary corporate existence
of
United and the complexities resulting therefrom the stockholders
of United have paid a price, the Commission said.
Discussing distribution of voting power, the Commission said that
as
of March 31, 1942, the common stock held 85% voting power and
preferred stock 15%.
Moreover,
the
$399,558.
In
subsidiaries has in fact ceased
Court
$52,500
a
1
>
<
'
/
rejecting the voluntary plan proposed by United the Commission
said also
that it appears doubtful that upon consummation of the
plan United will cease to be a holding company as defined by the Act,'
i' and that if the Commission approved the plan it would- have. to
institute
further
proceedings to
determine
whether the actual or
latent power of United to exercise
a
controlling influence over its
depreciation and
taxes.
During
For this reason the Commission'said' it would seem necessary
_
1943
$339,558
earnings .(estimated)—,.——
profits
set forth
,
•,
tAfter provision of $460,242 for Federal
of $41,724.—V. 157, p. 2355. ■
par).
post-war refund
a
6 Months Ended June 30—
less
mere
no
(no
after
United States Envelope Co.—Earnings—
reduction in holdings below 10%
or
to any other specific percentage would be sufficient.
"Before we
can
make a finding * that United has complied with the order and
ceased to be a holding company it will be necessary for United to
satisfy us that no control or controlling influence remains over its
present statutory subsidiaries." 'i,!
•
'
' •
;
'
Significantly referring to its'single class stock order, the Commis¬
sion added:
"In any case, with its' capitalization reduced to a single
class of stock, United will be in a position to distribute most or gll of
its portfolio holdings to its existing stockholders."
Abandonment of United's present business as a public utility hold¬
ing company and embarking upon a new type of business, whether that
of an investment company or any other type of business,
involves a
drastic change in the activities of the company, the Commission said.
Such a change
will devote the funds which security holders have
invested to a purpose different from that for which they were con¬
It said
company..
taxes,
779
Included
■
it
deem
now
United
stock
common
income
a
Com¬
steps which are appropriate to cause United to cease to be a hold¬
ing
,,
did
it
of
of
be
to
the
be to two or three per
United's four subsidiaries
is-
voting stock would easily
single stockholder in each subsidiary.
said
reduction
cease
subsidiaries,
may
of
The Commission
that
will ensure that United will
respect
Because
.
and
10%
basis
no
10%
with
company
mission
cent
There
interest below
holding
.than
Number 4205
158
157,
p.
1856.
Wellington Fund, Inc.—20-Cent Distribution—
a dividend of 20 cents per sha^e, pay¬
Sept. 16. A similar distribution was
compared with 18 cents on March 30, 1943.
In 1942, the following dividends were paid: March 31, June 30 and
Sept. 30. 18 cents each; and Dec. 28, 30 cents.
The
directors
able Sept.
made
on
have
declared
30 to holders of record
June 30, last,
as
Semi-Annual Report-
THE COMMERCIAL & FINANCIAL CHRONICLE
780
shows
of Wellington Fund
compared with $5,540,772 a
resulted not only from the
but also from the increase in
by investors.
Outstanding shares also reached a
During the year over 600 new shareholders purchased
shares and many old stockholders have added to their
amounted
year
vertible
advised
that
total
preferred stock,
listing, and registration.
resources
$9,743,684, a new high level,
The increase during the year
and
chares
1943,
30,
to
ago.
profit
June
on
in
appreciation
securities
Manhattan
subscribed
and
high point.
new
Wellington
Fund
Wellington
gain,
as
Asset
value
results
for
the
show
25.04%
a
financial
condition
per
shown below:
1943—__
*
$16.45
.38
;
'
Net
increase
.—a.
Income
from
Deductions
'
.'
>
•
:
j
"
j' '
,
V' ■'
,
Net
'
.
period—.—
—
...
General
Real
Sheet, June 30, 1943
operation
taxes
(& Subs.)—Earnings—
.
$14,897,527 $14,362,232 $29,183,701
$28 126,643
4,382,798
946,493
9,083,361
taxes
stock
Net
932,820
.
.
income-
006,003
1,924,563
2,375,000
1,077,339
2,261,398
4,704,802
135,833
1,045,614
2,070,193
021,594
1,456,664
1,303,340
2,769,728
517,229
Operating income
funded
on
$4,422,589
170,773
$8,631,054
522,905
$4,593,362
$9,153,959
$8,601,214
1,113,750
1,129,750
2,234,522
interest
debt
239,769
4,955
2,649
6,134
2,259,611
4,471
215,847
215,847
431,694
367,454
—
Amort, of debt discount,
struction
Miscell.
•,
income
Crl 1,628
Cr4,158
Crl04,382
51,943
39,993
85,418
47,762
$3,382,208
$3,216,751
$6,400,349
$6,026,298
668,446
668,446
1,336,893
1,336,893
—_
...
plicable
surplus,
special
including
stock and
$2,713,762
$2,548,305
$4,689,405
$5,063,456
surplus——
2,216,147
2,160.310
4,166,876
4,301,410
iSpecial tax adjustment
497,615
387,995
896,580
Operating
5,987
5.367
Crl5,860
6,275
$371,209
$1.46
share
tax
♦The
its
before
debt
660
bond
—
accounts
of
West
Monongahela
Public
Penn
Service
Co.
and
are
not herein consolidated.
tPer share on 2,935,000
consolidated net income for the six and 12 months'
periods ended June 30, 1942, is $769,602 and $1,070,522 greater than
j-The
and
to
expense
1,400
5,255
Crl,840
the
income
net
shown
for
the
$215,269
—
to
special
$5
$206,133;
debt,
56,192
taxes,
Sheet, June 30, 1943
$41,807;
,
accrued
interest
on
$2,538;
1943—Month—1942
long-term
CQmmunication
143,513
—
The
Net
profit
!eral
after
taxes
♦Earnings
net
West
The
$53,956
.$0.39
$0.13
of
capital stock.
the
to
period since May 1 under > Federal con¬
tentative, the report states—V. 157, p, 2260.
are
Virginia Pulp & Paper Co.—Larger/ Dividend—
directors
the
$158,411
$0.32
as
Aug.
stock,
on
common
17
declared
no
par
dividend of
a
value,
payable
cents
30
Oct.
1
per
share
holders
to
of
record
Sept. 15.
Distributions of 15 cents each were made on Jan. 2,
April 3. and July 1, last.
Payments in 1942 were as follows) Jan. 2,
50 cents;
and April 1, July 1 and Oct. 1, 25 cents each.—V. 157,
p. 2260.
v
:V
.
West
Virginia Water Service Co.
Earnings—
Years Ended June 30—
Operating
Operation
General
——.
charged
Maintenance
Provision
Net
construction
16,845
33,214
(Cr)
income
and
—
529,796
80,434
Net
185,630
190,381
98,108
136,702
$499,879
$481,325
-
profits taxes
—^
V————_
income
inc.
to
for
26,448
16,727
Gross
income
on
———
—
long-term debt——
Miscellaneous
interest
(net),
Amortization
of
discount,
expense
Net
debt
——
income
:.i
$526,326
$498,052
265,158
—_
265,348
...
etc,
11,993
9,688
44,475
44,443
$204,700
..
—_
Balance
...
U.
S.
tax
$170,064;
accounts
and
notes
receivable
(less reserve for uncollectible accounts and notes of $15,081), $151,205;
accrued utility revenues,
$56,532; materials and supplies, $131,072;
taxes, insurance, etc., $8,446; debt discount, premium and
prepaid
expense
in
process
of amortization,
cumulative
$5,967,122
inc.-
550,000
669,000
2,348,000
$155,613;
$919,796
$3,695,014
Under
ment
were
the
date of
from
July 28. 1943, the corporation received
a
signed agree¬
the
War Department indicating that no excessive profits
by the corporation and its subsidiary companies during
1942 on prime contracts or subcontracts thereunder with the
realized
year
War
report to
Navy
Department, Treasury Department and the
Consequently no refunds are required to be
and no change in the earnings statement
submitted with the annual report is necessary to reflect the settle-1
ment of renegotiation proceedings.—V. 158, p. 684.
- v..
1>)V "/!;
Department,
Maritime
made
Commission.
the
to
Government
12 Months Ended June 30—
Operating revenues
Operating expenses
(& Subs.)—Earnings—
1943
1942
'
$40,608,396 $35,465,059
32,735,116
27,890,637
„
—...
—
Net operating
Non-operating
Gross
and
taxes—
——_—
charges——————
on pfd. stock of subsidiaries——.
for divs.
Other
deductions
592,998
$8,167,421
—
income
Net interest
$7,574,422
$8,351,430
—
$7,873,280
478,150
'
revenues
revenues
3,390,014
330,463
——.————56,396
Appropriation
ment
in
Net income carried
to earned surplus—.—
Statement
Income
(Company
500,000
500,000
$4,074,557
$4,007,831
commission
on
preferred
Federal
normal
Federal
excess
State
income
Provision
for
and
—;
taxes
surtax
profits
-—
11,271,027
3,425,248
1,646,500
—
—
——
depreciation
13,134,079
3,486,975
—
taxes
taxes———
1942
$30,531,577 $26,848,343
—
Operating expenses
Taxes o'ther than Income
1,594,000
*3,034,040
Appropriation
537,400
struction,
total,
$35,365;
donated
$12,263,698.—V.
$2,713,467; contributions in aid of con¬
surplus, $16,080; earned surplus, $217,134;
157, p.
Fed.
2,960,403
$5,381,875
income
Deductions
ment
in
from
gross
income—
for
contingent losses on
transportation subsidiary...
The
of
the
SEC.
1952.
income
carried
to
six
New
11.
York
Stock
Exchange
an
to
order
strike
V
138,779,357
5,499,258
:
*
,
.
:
surplus
*After deducting debt
retirement credit
credit of $232,160.—V. 157, p. 2056.
1,306,001
2,558,891
366,332
./.)■
re-
358,191
768,846
-
of
granting
the
the
$100
apnlication
par
6%
con-
The
indicated
asset
value
of
the
shares
/>
16,851
42,372
y
\
45,207
183.166
.
*
i
-
contrs..
30,000
80,000
43,080
75,237
145,033
12,636,348
7,198,707
23,836,348
1,068,267
1,133,280
2,038,218
$0.27
$0.29
$0.51
*2,646,794
t$0.7i
excess
share—
per
55,007
3,632,341
and
sales
months
tOn
the
tlf
for
the
;/
second
ended
June
combined
stocks.
effect
quarter
had
30,
and
first
six
months
of
1942
are
1942.
2,199,985
'
:
shares of class B
,'
and
800,000 shares of
1
;
,
.
been
given
in the first six months of 1942 to the
price reductions and renegotiation, and if
additional
provision for
the tax provision had been made on the basis of the Revenue Act
of 1942, the net income in the first six months of 1942 would have
been
$3,126,484, equivalent, after payment of preferred stock divi¬
dends, to $0.87 per share of common and class B stock.
* v
Notes—(1)
first six
Provision
months
Government
these
the
of
has
made
Government
in
the
by
negotiation
Public
Act
1942.
It
the
the
528
the
in
second
price
the
of
six months of
The
(2)
first
the Revenue
first
for
of
six
the
income
company has
for
months
the
1943
1942,
of
the House
by
effect to
provided
determine
Federal
of
provision
giving
to
The
months
Act
might be able
by
the
of
now
not yet
to
such
and
to
and included
th&
Act
of
renegotiation,
for
the
first
concluded renegotiation
$7,198,707,
taxes
being
for
based
ori
profits taxes of $6,539,excess
profits taxes for
excess
income
profits
excess
and
calculated
on
the
basis
Representatives
on
July
20,
1942,
of
re¬
of
Revenue
reported
effect
througn
•
income
amounted
Federal
8.
for
witli
material
war
Section' 403
by
effect
as
on
adjustment
amended
as
U.
accept a lower
profit
price adjustment will bet
possible
as
Congress)
the
made
to
final
company
and
to
provision
agreement
1942 business.
provision
six
The
review
consolidated
1943.
The
the company's profit for 1943
not possible
is
summary
that
the
quarter and the
reductions
periods.
contracts
which
Government
(77th
proceedings on its
the
during
provision
in production.
Further,
contracts is subject
to
the
made
substantial
larger
reflect economies
to
to
the
subject
made
on
been
for
1943
sales
on
price reductions is in accordance with the
additional provision for
price
of
the
1942,
Tax
and
reductions
Bill
before;-
and
re¬
Act of 1942; provision for taxes in the first six months
of
1942
would
have
been
$21,128,380, including $20,259,059 for excess
profits taxes.—V. 158, p. 684,
■
Revenue
'
-i
'
4*
11
.
' '
r
York
.
.
Corp.—Earnings—
Completed
Total sales
Net
—....
contracts——
—-—^
,
:
1942
$15,921,651 $11,095,507
7,103,386
4,402,204
$23,025,037 $15,497,711
profit before income and
proportionate profit
pleted
500,000
$4,016,035
1
.
;
Corp.)
1943
sales
completed
Partly
"
'
,
,
(Formerly York Ice Machinery
exc.
on
profits taxes
partly
contracts)
com¬
$3,628,986
$279,400
and
Net
post-war
Orders
of
674,900
1
may
(inch
500,000
i._*
)
;
,
'
&
tax
common
invest¬
earned
.
163,344,268
2,880,5227,665,855
after deducting price reductions of $2,800,000 charged against sales
subsequent to the publication of the report for the second quarter and
World Investment Trust—Asset Value—
Corp.—Delisting—
announced
Aug.
*
-
78,080,474
4,152,923
inc. for the period
for
Reserve
Net
,»
.
215,353
accts.
matl.
tEarnings
$6,687,876
2,495,117
,!
—
1,278,973
$7,011,152
.a_-_
———
Gross
380,668
.
181,216,338 171,764,856^
95,186,194
-
,
——
2,504,692
$5,732,179
...—..——
Net
.•-.*•
!
■
connection
income
Net
..
$
36,659'
the renegotiation
profits
*
agreements
the
booked
♦After
trust 'on
1943, was $6.81 each 'compared with $3.92 on May 31,
May
31,
1942, and $3.06
during 9 months
orders
reduction
redetermination
V.
157,
taxes—
2,319,922
1,530,000
1,229 968
$789,922
——
estimated
$735,928
31,172 391
profit
Uncompleted
Western Pacific RR.
plants
466,000
long-term debt, $62,200; miscellaneous accrued items, $10,360; deferred
reserves,
"
-
—.
in
war
Mos.—1942
..
9 Months Ended June 30—
preferred
$131,531; accrued general taxes, $87,011; accrued Fed¬
and
excess
profits taxes, $107,276; accrued interest on
$63,482;
of
2,205,500
—
Ransome
negotiation, amounted to $23,836,348 and included a provision for
excess
profits taxes of $22,862,694.
After reflecting the additional
provision for price reductions and renegotiation, and based on thet
Only)
1943
Operating revenues
:
•
(& Subs.)—
236,801
'
51,947,.
89,128,950
of
amort,
notes
with
3,333,076
285,167
41,346
of
•*
'"
:
exps..
doubtful
387.
for contingent losses on invest¬
transportation subsidiary—
—
post-war
«
1943—6
197,295
31,442
margin,
Wisconsin Electric Power Co.
interest thereon,
liabilities,
and
arise
■;!■::
President,
stockholders, state:
annual
operating revenues
Non-operating revenues
income
$3,619,122
•".
McFarland,
to
the
$773,961
and
•
acquisition
' ' ' "J'■
98,438,744
admin,
estate,
and
2,917,731
and W. W. Holloway, Chairman, in a
■.■••••". V'*>*
stockholders covering the year 1942 it was
indicated that the profits, as reported therein for the year 1942, were
subject to adjustment upon the renegotiation of war contract prices
as
provided in. Section 403 of the Sixth Supplemental National De¬
fense Appropriation Act, as amended by the Revenue Act of 1942.
In
stock (11,500 shares, no par),
$1,150,000; $6 cumulative second 'preferred stock (5,000 shares, no par),
$365,000; common stock (12,000 shares, no par), $552,000; long-term
debt, $6,720,000; accounts payable, $25,291; dividends payable July 1,
1943 (less deposit of $17,250), $7,500; customers' deposits and accrued
eral
and
♦Net
J.
notice
" " 1
Employes' bonus
$871,983
*
$
134,557' /
,-iy—
and
2,144,000
*//;•■ ;
the
in-
Possible losses under
$5,839,014
surplus..
capital stock, $154,000; total, $12,263,698.
Liabilities—$6
487,224
$1,588,796
12 Months Ended June 30—
Sheet, June 30, 1943
savings notes,
(less
passed
Assets—Utility plant, $11,066,979; investments, $178,199; cash, $191,588;
494,810
496.
$42,363
sub¬
deductions)
real
$8,756,745
and
—
;
p.
of
v
announced
4
.
$1,421,983
$178,573
—
premium
of
depreciation).—
Sell,
395,213
inc.
net
credit
1943—3 Mos.—1942
Cost of sales (excl. prov.
transferred
earn,
—V. 157,
Prov.
Interest
from
2,695
$:
equipment
104,600
"
——
——
excess
80,423
116,250
depreciation
earnings.
Other
to
1942
$1,490,014.
———
for
General taxes——!
Federal
1943
$1,514,873
551,418
revenues
expenses
Deducts,
5,169
98,272,745 *94,936,952.180,942,878*171,168,835
income
come
$8,361,532
$8,920,319
2,953,197
ord.
,•
Cr27,171
2160.
p.
Aug.
on
—
earnings
Other
•
income.
from
ordinary
retirement
157.
sidiary cos, not consol,
Total
339,890
$2,076,020
*'
Cr22,080
,
$635,505
Adjustments which
Net
A.
Fed$128,640
shares
results
$1,916,793
4,260
'
/
'■
v..
—_
Yellow Truck & Coach Manufacturing Co.
port—
1941
1942
———
trol of the coal mines
on
and
1943
share——
—-
common
400,000
Note—The
V
30—
charges
-
per
the
"On
June
Deducts,
income—
prop-,
———
debt
corporation
purchase
ord'y
to
"V
2,041
...
...
Company's proportion of
1952.
.
142,785
charged
489,157
31,569
—
31,659
'
Machinery Co. of Dunellen, N. J.
This new subsidiary, it was stated,
and built machinery since 1850.—V. 158, p. 496.
debt,
liabilities,
constructions
$8,580,429
*
,
construction
$25,700.—V.
Net sales
1943—6 Mos.—1942
$1,933,235
expense..'—
charges.—:
plant
494,725
,
arid
discount
•
Wheeling Steel Corp.—No Change In 1942 Annual Re¬
West Virginia Coal & Coke Corp.—Earnings—
Quarter Ended
/
$1,773,230
revenues—
debt—..
bond
Period End. June 30—
$13,252,0o0 $11,472,113 $73,981,732 $62,907,678
deducts11,478,800
9,538,878
65,401,303
54,546,146
income—non-
$1,274,470
$1,147,018
of
deducting
of
Deprec.
oper,
Ordinary
$1,246,966
27,504
Orl39
has designed
revenues——
revenue
$1,147,157
revenues—.——.
Worthington Pump & Machinery Corp.—Acquisition—
deferred
$1,384,775;*'contributions in aid of
surplus, $329,467; total, $8,128,147.—V. 157, p.
reserves,
Period End. June 30—
641,443
'-.^v
participating preferred stock (10,306
liabilities,
217,352
62,057
584,965
68,955
income
Net
common
accrued
359,377
*510,357
taxes—...
deductions—.
credit
stock (50,000 shares, no par),
$4,400,000; accounts payable (including
$149 due to parent company), $20,169; customers'
deposits and accrued
interest
thereon,
$19,552;
accrued
general
taxes,
$44,249;
accrued
miscellaneous
1,538,605
629,340
368,197
revenues
during
long-term
income
1,530,611
609,018
——•
$140,480
215,269
non-cumulative
par),
$4,636,663
—
funded
and
♦After
no
1942
$4,870,738
taxes————
surtax
post-war
Co.—Earnings—
depreciation ————_
interest
erty
$84,288
reserve
income
and
v
income
on
Interest
"/<:3,314
,
respective
periods in the quarterly
report to stockholders issued for the second quarter of 1942.
The
revised figures reflect reductions ill
provisions for Federal income and.
excess taxes as a
result of amortization being claimed as a deduction
for. tax purposes in respect ,of certain facilities under necessity cer¬
tificates issued by the War Department, and as determined after
passage of the Federal Revenue Acts of 1941 and 1942.—V. 157, p. 1952.
I
Other
Cr9
4,607
———,
etc.
for
Amortization
Cr6,386
—
construction
interest,
of;$14,900
$788,058
1943
taxes
operating
Interest
5,093
Crl2,566
—
credit
—
profits
excess
income
Gross
ap-
debt
Balance
Gross
4,502
\
$548,481
—....
than
Non-operating
subsidiaries
shares.
Crl,123
5,026
—
expenses
Provision
Assets—Utility plant, $7,791,875; special deposits, etc., $20,010; cash,
$109,801; accounts receivable (less reserve of $7,251), $67,275; accrued
utility revenues, $22,400; materials and supplies, $61,894; prepaid taxes,
insurance, etc., $10,680; debt expense applicable to presently outstand¬
ing issues, $44,212; total, $8,128,147.
'■>
$68,750;
—_
267,504
Balance
$308,329;
7,255
V >;
>'•
Crl,103
prop-
383
issues,—■'•! ./.!._
on
interest
on
income
shares,
to
:
revenues
other
Federal
$415,251
165,000
——————
discount
premium
charged
Appropriation
Net
spec.
adjustment
Taxes,
Other
Net
charged
6,303
...
——4———-!
Federal normal and
$414,867
387,995
$1.42
tPer
402,950
32,435
32,435
....
Wisconsin Michigan Power
22,012
41,285
debt
refunded
Miscellaneous
Oper,
$1,234,0^8
397,122
12 Months Ended June 30—
■
Operating
$371,869
assumed
Operating
common
$988,260
expense..
deducting debt retirement
$7,000.—V, 157, p. 2056..
of
124,251;
23,672
—
credit
Western Union Telegraph Co.—Earnings—
adjustment
for
95,266
W--
of
to
common,
and
tBalance
.
———————
Amortization of
$302,379;
for
stock
tax
—
dividends
Balance
30,926
89,454
——„—-V_—V—V
long-term
on
Interest
and
charges
income
Net
Interest
Federal
*Net
Preferred
44,327
'■
income
$1,000,000;
Cr2,236
—-
deductions
$1,226,395
7,683
debt——————'
discount
during construction
and plant—
♦After
600
V-__i„_
...
income
Total
Liabilities—
premium (net) & exp.
Interest charged to con-
Dr5,684
deductions
Net
307,236
100
$8,361,445
270,378
—_
income-
income
Gross
Interest
Other
$4,496,089
$4,766,467
Non-operating
$993,944
'
—
Other
450
taxes
earnings
Other
..
' 822,001
1942
$974,512
124,407
taxes
income
084.539
4,559,615
for depreciation—
Prov.
erty
State
-1942
79,300
889,637
V
funded
interest
Interest
f
5,741
...
t
security
Taxes
1943—12 Mos
1943—6 Mos.—1942
109,000
depreciation..——_1_.___
bond
Cr22,168
...—,
^
Capital
|
taxes——
on
accounts—
taxes
taxes
Social
of
Other
9,779
construction—
——————-V—---
Federal
.
IFed.
.343,400
——
taxes.—.
income
on
Amort,
•'■'.(
Cr7,985
...
-
—
property
Excise
♦Consolidated Income Account
Other
——
uncollectible
for
Amortization
West Penn Power Co.
—
surtax.—
'
Maintenance
$10,200; State taxes, $3,210; management
fee, $16,846; custodian and transfer agent fees, $6,059; dividend sus¬
pense account, $80; accrued dividends on own shares sold, $57; capital
stock
(par $1), $593,530; capital surplus, $7,904,496; earned surplus,
$184,907;
treasury stock at cost (136 shares), $2,214;
total, $8,717,171.—V. 157, p. 2260.
. ,
-
—
and
profits
taxes..*60,400
for
Gross
.Interest
com¬
taxes,
revenues
excess
income
Net
operating revenues
Non-operating revenues
com¬
as
$1,034,008
331,323
——
Depreciation
.
expenses
Maintenance
as
'1943 V
revenues
Provision
>'
.
^
Assets—Cash, $539,205; interest accrued and dividends receivable,
$47,223; marketable investments at cost (market value, $9,157,256),
$8,130,742; furniture and fixtures, $1; total, $8,717,171.
Period End. June 30—
normal
$4,678,000 $25,240,000 $33,647,000
Regulatory commission expenses
General expenses transferred to
$351,951
219,680
.
:
Balance
Operating
Operating
Taxes
Federal
$2,719,000 $14,042,000 $18,953,000
1,959,000
11,198,000
14,694,000
$3,947,000
Years Ended June 30—
32,377,.
475
paid
Liabilities—Federal
4,427,076
787,715
347,800
120,600
—
'
Operating
$387,803
—
—
for
income
1942
$7,810,888
!.__
revenues
Operating
1943—7 Mos.—1942
Western New York Water Co.—Earnings—
:
'
1943
$8,386,059
expenses ———_./
5,195,461
other than income taxes..794,218
Operating
Provision
.
— .
Management 'fee. • !.—
Provision for Pennsylvania corporate net income tax—.
Dividends
V
12 Months Ended June 30—
State
1,605,000
——_
Combined
$183,676
204,127
—-i—
transactions
security
income
Total
'
'
.
income.-
from
Wisconsin Gas & Electric Co.—Earnings—
•
deter¬
19,486
'
:
net
profit
been
At July 31, 1943, there were 239 retail stores in
operation
pared with 254 a year ago;,, there were 1,486 wholesale stores
pared with 1,740 a year ago.—V. 158, p. 683.
:
$203,163
etc..-——-------------
—,
Ordinary
had
v;
to June 30, 1943
I, 1943,
dividends,
\
Net
it
-Sales Down 15.6%.
$2,342,000
Wholesale
$3.37
25.04%
».—;
Statement, Jan.
interest,
corporation,
1943—Month—1942
Retail
13.46
Percentage increase
Income
the
Western Auto Supply Co.
—$1.6,83
Dec. 31, 1942
per share,
the year ended
for
,
share, June 30,
paid for period
Total
of
as
preliminary to liquidation, certificates for shares of such
security would not be accepted for transfer on the books of the
corporation after the close of business on April 29, 1943.—V. 157,
p. 2159.
'
Period End. July 31—
Asset value
May 31, 1941.
The trust reports a net gain
May 31, 1943, of $9,268.—V. 145, p* 1603.
registration
Federal
per
Distributions
months
six
the
the
for
mined
holdings.
chare
cumulative to 12%, of the corporation from
The application stated, among other things,
of this security
in the Borough of
are
no
longer available, and that the corporation has
Exchange that, in view of the resignation of the Registrar
facilities
that
Monday, August 23, 1943
on
p.
2460.
not
of
included
$1,623,685
applicable
to
in
due
orders
sales.
to
22,310,155
*25,411,433
cancellations
booked
;
prior
to
and
this
494,048
25,'958[053
sales
price
quarter—^
@FedFRASER