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AUG 311942
MONDAY
Volume
'156
|
Number 4103
-N^w; Y6fk,*N7
STi*TE AMD
/
Y!, Monday,:August
sll;„
1942
Price 60 Cents
CITY DEPARYWIENT
y /
;
Copy
a
'
.
.
.
BONO PROPOSALS AND NEGOTIATIONS
/first six months of 1942 total gas
revenues; are
befow 'the
In This Issue
approximately 23%
same
period last
year.
be
.
attended
opinion
.
of
by.. the
Caldwell,
INDIANA
approving
Marshall,
.
Trimble & Mitchell of New York,
-
If
'
'
.
".
'
' '
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■
.
1
.' ''
i
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■
-''.
] [the* proposed constitutional without cost or expense to. the
amendment passes, in November/; purchaser.
The Board reserves
road: bonds; will receive only two? the right to reject all bids re¬
cents in /place of three;
On the; ceived. Enclose a certified: check
basis- of'figures thus far for 1942! for $300.
'
Corporation News;
State and
City News
this, means
that beginning? Jan¬
1943, road bonds will: re¬
ceive/only 50% of what they did
hake
uary;
QUOTATIONS
in. l941v
York Stock Exchange
York
Cu rb
-A cut
as
drastic
as
this
might, at -first thought,
improvement bonds awarded Aug.
19
v.
of
bonds
highway
will
be
Exchange
other
.
Bond Sale
The $53,000 judg¬
funding bonds offered.Aug:
22-r-v. 156, p. 554—were awarded
construction
submitted
S. Johnson of In¬
2V4S,
as reported in
156, p. 554, were sold at a price
100.60, a basis of about 2.18%.
as
Bond Election—The issuance of
—
ment
to the
seem to voters at ari election
scheduled for
indicate a: possible critical finan-;
Sept. 11: it is said, ; J
cral
condition
However, there:
;
Kenneth
Muncie, Ind.
4
:
to
dianapolis,
County (P. O. Tavares)t Fla.
$325,000:
!
Bicknell School City, Ind.
Bond " Sale Details—The $5,500
to the First National Bank of Chi¬
cago, as
DAs, at a> price of 100.99*
Palm. Beach
factors
Co, Spec, Road and a basis of about 1.07%.
in our
Dated
June ,15, 1942 and due as follows:
{opinion, offset
in gas j Bridge- Bist. Noi 3 (P. O. West
Tevenuei
In the first place/ 1941
/■■•/■.'.,.' Palm Beach), Fla.; ;
$3,000 Dec. 15, 1943; $3,000 June
Refunding Bonds Validated—A 15* and Dec. 15 from 1944 to 1951
gas revenue provided a substan¬
tial surplus over actual require¬ final decree validating and con¬ incl., and $2,000 June
15, 1952.
ments so that that revenue could firming a $358,160 refunding bond Other bids:
-are
of-Town Listed Markets
which,
this -cut
'
Unlisted Securities
i
considerably and still be* issue of the above district, signed
Then there is a substan¬ by Circuit Judge Ross Williams/
tial back log of accumulated cash has been filed, it is reported.
The decree, granting a petition
sufficient in itself to take care of
be
cut
Bidder--*
/
Int. Rate" Rate Bid
Milwaukee Co..'... .7,;
100.4»
Jchn Nuveen & Co.
I'A//, ,
100.28
Fletcher - Trust
Co. * of
In.
ample.
Miscellaneous
(See-Index Below)
.
dianapolis
.7 i is............
Harris Trust <fc Savings,Bank
VM'r
.
,
100.20
1 *4'7
100.15
-
Far,'./.
principal for months of the district and of the Board of Muncie Banking Go*., i m
Merchants National Bank of
to come.
There will be a large County
Commissioners, declares
Muncie
100.20
/,...
1V2'7
surplus of funds in the State Road that at the time the bonds to be
Whiting School Cityi Ind,
denomination * $1,000
? ALABAMA
each} ; arid: Department which can't be spent refunded were issued,, all prior to
Bond
Offering —: P h i l i p Gy
Nos.* 191 and
192 denomination because road
buildihg< will be at a Nov. 6, 1934, homesteads were
■'•
Anniston, Ala. >
■
Krauel, Secretary of the Board of
$500 each.
Dated Sept. 1, 1932. low; level for the duration.
This subject to. taxation for the pay¬
Trustees, will, receive sealed bids
f
Warrant Call—It is stated by Due on Sept. 1, 1947, optional
surplus, if made available* for ment of principal and interest and until- 5
Charles S» Martin, Chairman of
p.m. (CWT) oh Sept. 8 for
Sept. 1, 1942.
r : ■•■.?"; servicing road bonds by borrow¬ that only" property not subject to
the purchase of $50,000 not to ex¬
the
Board
of
Water
Commis¬
ing against notes/ secured by ; j taxation when the original bonds
ceed
4%
interest
improvement
sioners, that water works refund¬
/' CONNECTICUT/. pledge of future gas tax/will con¬ were issued: will be exempt from bonds of
1942. Interest J-J. Dated
ing warrants Nos. 241 to 300, dated;
1 Connecticut (State of)
stitute /a vast reservoir of funds J taxes for the refunding bonds.
Sept. 1, 1942. Denomv $1,000, Due
Oct, 1, 1940, are beging called for
District No. 3 extends between
Revenues Higher—Tax Depart¬ And/ finally, if the war continues
$7,000 Jan. and July 1, 1945 to Jan.
:payment On Oct, l; The principal
North Lake Worth Inlet and Ju¬
ment
figures, released recently/ indefinitely, there are still ad
1, 1948 and $1,000 July 1, 1948;
amount
of
said. warrants,
to¬
valorem /taxes which
could be; piter Inlet, west to the Atlantic Rate of interest to be in
showed
an
increase
multiples
ofy 16.64% levied. We see no reason for alarm Coast Line Railroad: f
gether with interest due Oct, 1,
of lU of 1% and not more than
during the recently closed fiscal
The - new bonds are not ; to be
1942, will be paid on presentation
about the great majority of road5
one rate shall be named by each
year, as compared ' -to; the .1941
at the Chase National Bank/ New
bonds -and think there- will bei placed on the market, but ex¬
fiscal year.
The current fiscal
bidder. The bonds will be awarded
.York;
■!/
very little/ trouble, if any; for a changed with owners of those be¬ to
the highest
year1 showed a total revenue of
qualified bidder
lorig time; to come. "v;\■■ Vf■{7.7: /{.7 ing refunded. :•;;;?.'/ 'J..-,.. whose bid is submitted in accords
$5,809,331, as compared* to-a total
;ARIZONA
/
We have previously stated this
The
South Florida. Conservatory Bist. ance with the notice of sale.
figure of $4,980,277 in -1941. : f
|
same conclusion, though not quite
Graham Co. High Sch. Dists. (P. O,
Barge increases were - particu¬
highest bidder will be the one who
(P.O. West Palm Beach), Fla.
in such detail.
Our only reason
S afford), Ariz.
v///
offers the lowest interest cost to
larly • seen in low r proof wines of
/, Bond
Validation Sought — A
Warrants
Called—The County less than 21 % alcohol by volume/ for- repeating it; is because*:there;
bearing is said to be scheduled.for the school: city, to be determined
Treasurer .called for payment -on Collections on these items showed! seems to be quite wide spread in¬
Sept. 14. in the Circuit Court on? by computing the total interest on
terest and some uneasiness as, toj
{Aug. 8, all High Sch. Dists. Nos. an increase of 25.02% from- $140*h
the proposed validation of $551,- all of the bonds to their maturities
and deducting therefrom the pre¬
;i, 4,. 6 and 7, warrants registered 088; in- 1941 to $175,138 in 1942/ •what/V Was going to happen - tp( 000 refunding bonds.
{ :
Florida road bonds With the gaso¬
to datej payable at his office.
Collections
on
distilled
mium bid, if any. No bid. for less
spirits
line
"consumption
reduced
so
showed
an;
increase
Of* 18.1,6%
than the par value and accrued
/7
from $3,746,995 to $4,427,467;:
interest of' said bonds will be con¬
::;7; CALIFORNIA
^ greatly.: Our answer in each case Coulterville
School Diet; No. jf,; III.1
has been substantially as outlined;
sidered. Issued for the purpose of
/' Fresno^ Calif.
;:/7/'
Bonds Authorized
The Board;
:;
?V ■ DELAWARE/ %:•: ;■ '.j above/
v'-'.V' //'■
procuring funds to be; used in de¬
of Education recently, passed
Note Offering--^ealed bids" Will
a
fraying the cost of repair/ change /
Fort Myers, Fla.
be received until 10 a.m. on Sept. Clayton Consolidated School? Dis-.
resolution authorizing an issue of
and, improvement of p r e s e n t
trict No, ,119; Del. "
{ 7/7,!
Certificate, Sale,— The $20^000; $7,400 bonds to pay teachers' sal¬
-10, by H. S. Foster, City Clerk, for
school buildings and wiring and
Bond Redemption—Series 1940 t4% semi-ann. water works rev¬ aries:"/:
;./v/'
;the purchase" of $250,000 notes.
electrical facilities, and are the dK
in 'amount" of enue/certificates- offered for sales
Interest rate is not to exceed 5%. bond number/ 2
Elkville, III'
rect
Denom. $50,000.: Payable on Dec. $1,750 has been called for payment] on Aug. 24—v. 156, p. 473—were?
obligations of - the
school
; Bonds Authdrized^Tbe Village
31, 1942, lout of the first moneys on Sept. 1, 1942, at Farmers Bank: awarded to D. E.- Arries & Co. of!
Council has, passed ah, ordinance1 city, payable out of unlimited ad
received by the city from taxes of the State of Delaware, Dover.
Tampa, at a - price of 103.525, aj
an
issue. of { $6,000 yaiorem taxes to- be levied and
basis ;of.about"3.75%. Dated Dec.! authorizing
levied for and collected during
water and sewer revenue .bonds.; collected on
all of the taxable
'■,::v''-';--:''vFLcmi
1, 1935/ Due on Dec.1 in 1961 to'
/the fiscal year 1942-1943 and from
interest and
■
'
*
?
,
j
—*
■
,
.
■
•
*
no
1963:
other source,, and constituting,
77 Florida (State of) / V'
priority of
Municipal Situation Surveyed—! / { Hillsborough County (F. Oi '■
any of said notes over or to any The
following; comments/;; are //•:.{:
'
; Tampa), Fla,
* ■;
/v/;*;''
other of said issue, a first lien and
taken. from', the. August issue of -; Bond Offering—-Sealed bidslwill
charge against said taxes,; The ^^^pionthiy'ibulletinl/piit put by
be! receive^ until 11 a.m. on Sept.
interest which said notes, or any A. B. Morrison &
Co.; : Cbngress II /.by < Fred W. / Ball] Chairman .of
;of them, will' bear shall be speci¬
Miami:
'/.•*
{7 ''
the Board of County, Commission-;
fied by the bidder and the notes
The price situation, on Florida?
ers, for the purchase of $31,000.3%;
or any of them will be sold to the
Municipals is';qpite.:dbK€:Teh.t^pii^
refundihg, Series 1942-B bonds.;
; bidder offefng the lowest rate of
a, month
ago.
Activity in. manyl Denom. $1,Q00„ Dated. Aug. 1,. 1942i
interest; or whose bid represents dollar bonds has resulted, in. sub.-! Due On
Aug.* i„ as follows: $3,000
;the lowest net Cost to the city of stantial
price increases over those in. 1945 to 1948, $4,000 in 1949t and;
Fresno.
.The successful
bidder prevailing ► a short V: time
7 back; $5,00Q in 1950 to 1952. ■. Prim and
shall have a reasonable time, not Yield
bonds,/ however,.. are- - at int. 'payable at the .Guaranty Trust;
to
exceed, however, ten days, about the; same levels. • Offerings
C&.; New; /York/; The .successful
within which to examine the pro¬ have been somewhat more
plenti-4 bidder will be required, in addi-j
ceedings affecting this bid.
ful. - Investor interest' seems, to
~tionto-the/sum-bidfor-thebonds;
have picked up somewhat. /The to
pay. accrued interest from "the
; COLORADO
difficulty, is more in obtaining date thereof until the date of xle-i
bonds- than
disposing of them; livery, * and '• eachi bid submitted'
Greeleyi"Colm ^
■
/7-J
•■;.
.Bond Call'r-The. City Treasurer assuming,;ofcourse,thatthe-ask-; should/state- that the bidder will
via, calling . for /payment J as
of ing price* is in lirie; with {.similar pay; suchr. accrued interest ? in ad4
^:/7 •///:"
Sept. 1, the following 4% water offerings.
difiop-to^heisum bidv; The bonds,
Gasoline tax revenues in June before delivery,*will be- validated
extension bonds: * Nos! 33» , 34, 35,
without preference or.
I
■
/,r
:
approving opinion of Chap¬
recently passed ah ordi*- man &
Cutler, of Chicago, will, be
authorizing ah issue; of $11,769* bonds' to pay salaries ofr ffre-' furnished; to the successful bidder
at the:expense of the taxing unit.
men and policemen.
!
/
: /*
.
*
ordinance
$45,000
systemness.
•
'
;
bonds
.
shall
The nished by the purchaser.
fur¬
be
No conr
on
authorizing
{New"Ydjpte Stock? Exchange.:..., ylW
Williamson County (P. 0/
,
Marion),
4.:.. /'h ' J--
Bonds Authorized-—The
Board recently passed a
approving " an
,
.
r.
resolution
$45,000
—r
-
.
.
771
776
.
State ^andf-Pfty;
Department:
■
^
1
"B'oAd Proposals and
Gen. Corporation
Dividends
.
At an. elec¬
;
pnlisteh Securities V...... 7..;
Negotiations. 73T*
and/Invest, News.- 747
Declared^
and Payable.
.
,
.
Redemption. Calls and Sinking Fund
WinfieltL Fire- District,: III
Bonds Approved,
!..
'
dh unpaid
f
,
,765
durb Exchange .....;.
;Qther{ Stock. Exchanges..
County
.issue', of
bonds to* pay judgments
blind pensions!
;
New York
;
tion on-Aug. 8-the .voters approved
59; 73* to 80, 104, 118 to 155, 164, of this year- were - about 26 %" by decree of, the County Circuit an issue of $8^000 fire truck and
•
169, 174 to 177 and 182 to 190, below those of June,. 1941. For the Court.: Delivery of the bonds will equipment bonds. *
,
blank
>
—
Aug. 10 passed an; ditional bids will ,be. considered.
an issue of
electric,
plant and
INDEX
certificates of indebted-*
FagS
rQ5dta|ionsf; /"
1
r-v'
City Council
•
;
The.
McLeansboro, III.,
;
Certificates. Authorized
.
.
The
nance
,
■*,.
property; within said school city.
•'
City
Council
,
,
Kankakee, Ht
C/Bbndsr Authorized: ^".The
,
Notices,,........../,., >;
Auction. Sales
Foreign Exchange Rates.........
v
.741
..........—
[The course of Bank clearings;.
741
7^5
74p
745
THE COMMERCIAL & FINANCIAL
738
Enclose
school
the
Med way,
city.
Bond Sale—The issue of
awarded
was
Storm Lake, Iowa
Co.
Sold—It is reported that
semi-ann. special
4%
$6,875
sessment
as¬
bonds were pur¬
sewer
of
Arthur
to
100.30, a basis of about- 1.20%.
was
of 100.273 for .l*4s
made by F. S. Moseley & Co.
of Boston.:
follows: $575 in 1943
$700 in 1944 to 1952.
'
Sold
Bonds
Board
MacDonald of
noted here—v.
156, p. 298—were .purchased at a
price of 100.171, a net interest cost
of about 1.05%, divided as follows:
$114,000 as lVgs, due on Aug. 1 in
1943 to 1950; the remaining $28,^
000
and
Is, due on Aug. 1 in 1951
1952. Interest payable F-A. '
as
1
KENTUCKY
Clark's
(P.
Drain.. Dist.
River
O.
Benton), Ky..
Maturity-—It is
stated that
now
the
$34,000 4% refunding (West
Fork Division) bonds sold at par
to the HFC—v, 156, p. 554—are
due
Sold—A $43,500 issue of
Bonds
building refunding bonds
purchased recently by Stein
armory
Bros. & Boyce of Louisville.
Due
Sept.
Dated
$500.
De¬
1,
1942.
Sept. 1; $4,000 in 1943 to
on
J952,
and
mailable
$3,500
Non¬
1,
1953.
in
March
before
or
on
1944; callable thereafter tpn any
Interest payment date ip Inverse
numerical order
on or
before Sept.
1, 1948, at 102 Vz and accrued in¬
terest, callable after Sept. 1, 1948
at
101 and accrued interest.
and
int.
(M-S)
payable
Prin.
the
Hop¬
at
First City Bank & Trust Co.,
kinsville. Legal approval by Seligman,
interest coupon water
bonds.
Aug. 1, 1942. Denom. $1,000.
system
revenue
Due $1,000 on Aug. 1 from 1945 to
1972 incl. Rate of interest to be
multiple of V4 of
Both principal
be payable at
the National Bank of Detroit, or
at
its
successorpaying
agent
expressed in
Everhart & Greenebaum of
Louisville.
interest
be
a
bonds
subject
this
of
dates
and
011
Road Dist. No. 7 (P.
O. Crowley),
La.
,
in
but
be
prior
to
after Aug.
shall
premium exceed 5%
the
1,
total
of such
than
If less
value.
par
the
all
out¬
tion shall be in inverse numerical
order.
The principal
the
of said bonds and
thereon
interest
payable
are
solely from the revenues of the
Water Supply System of said city,
and the bonds
are issued pursuant
provisions of Act No. 94 of
to the
the Public Acts of 1933, as amend¬
ed, and
ordinance adopted on
an
the 10th day of
The
bonds
August, 1942.
will
awarded
be
to
the bidder ,whose bid produces the
interest
lowest
be received until
10
a.m.
on
Sept.
22, by J. E. Daigle, Secretary of
the Police Jury, for the purchase
of
$90,000 public
improvement
bonds.
Interest rate is not to ex¬
ceed
5%, payable M-S.
Denom.
$1,000.
Dated Sept. 1, 1942. " Due
from Sept. 1, 1943 to 1972.
The
right is reserved to reject all bids
and
to
bonds.
sell
The
Chapman
will
be
without
&
all
or
of
part
said
approving opinion of
Cutler, of Chicago,
furnished
the
Enclose
cost.
purchaser
a
certified
check for $1,800, payable to M. W.
Scanlan, President Police Jury.
Iberia Parish Gravity Sub-Drainage
Dist. No. 4 (P. O. New Iberia), La.
Bonds Sold—District Secretary
J. D. Broussard states that $45,000
bonds were offered for
sale on Aug. 25 and were pur¬
chased by the New Iberia National
drainage
Bank
as
3s at par.
cost
(P. O. New
Orleans), La.
Warrant
Call
—
It
is
that Gervais F. Favrot,
of the Board of Levee
reported
President
Commis¬
sioners, is calling for payment on
Oct. 1, all outstanding 4% war¬
rants
on
terest to
the
above
cease
on
district.
date called.
In¬
to be dated
Sept. 1, 1942 and ma¬
ture not later than Oct. 31, 1942.
Michigan (State of)
in
est
cost.
as
deducti¬
determining the net inter¬
Interest
on
will
bonds
be
computed to maturity dates in
determining
the
interest
cost
thereon.
the
certified
A
check
for
Treasurer, is required.
shall
be conditioned upon
opinion of
H. Stevens of Berry and
unqualified
Claude
Counties Protest Increased Val¬
uations
—
of
Tax
legal
village .hall bonds of¬ chasers.
Aug. 25—v. 156, p. 650— of the
Counties
Aug.
on
17
bids
no
par
were
re¬
Additional
'*
■
be
Minneapolis, Minn.
Bond Offering—-Sealed and
bids
will
be
auc¬
received
until
Commission's
recom¬
holders
same
from
Oct.
follows: $2,000 in 1943 to 1952, $3,~
000 in 1953 to 1957 and $4,000 in
1958 to 1962,
Rate of interest to
5%, payable A-O. Dated
Due on Oct. 1, as
follows: $39,000 in 1943 to 1947
and $40,000 in 1948 to 1952. Rate of
interest to be in a multiple of
or 1/ 10th of 1%, and must be the
1,
1942.
The bonds
for all the bonds.
same
be registered
to both prin¬
as
cipal and interest on application
the
City
Comptroller.
The
to
,
bonds
will be sold
the
to
bidder
of
notice
sale
and
deemed
most
of
the
type and character shall be
taxable by the terms of any Fed¬
eral
income
tax
law
hereafter
adopted by Congress, the success¬
bidder, may, at his election,
ful
be relieved of his
der
the
bonds
contract
and
in
obligations
to
such
posit accompanying
un¬
be
in
of
his
the
bid
1%
be returned.
receive
sealed
callable
(EWT)
bonds
G.
—
City Con¬
Oakman
offerings
until
of
10
will
nona.m.
Sept. 2, bids to be firm
the following day.
Offerings will be
received
of
bonds totaling about $440,000 for
the city sinking fund, under the
1
on
p.m.
following
conditions;
offerings
shall show the purpose, rate of in¬
terest, date of maturity, dollar
value and the yield; Tenders will
be accepted on the basis of the
highest net yield to the city as
;
multiple of
%
as
1/lOth
or
must be the
and
all of the bonds.
1,
for
same
The bonds may
be registered as to both principal
and interest on application to the
City Comptroller.
$1.00 plus 5 cents
be
made for
the
A
charge of
$1,000 will
per
issuance of each
registered certificate, and
ditional
charge of 50 cents
ad¬
an
per cer¬
registration.
The
bonds
re-
will
be
$1,000,000,000
more
< than
last right to reject any or all bids. Bids sold to the bidder or bidders sub¬
offering an amount less than.par mitting a bid or bids complying
year's valuation figure. > •
v
Spokesmen for the counties con¬ cannot be accepted.* Delivery will with the terms of this sale and
tended that the proposed increase be made in New York City, in deemed most favorable, subject to
in many cases means a substantial Chicago, or in Minneapolis, at a the provision that the Board re¬
loss in state school aid under the national bank satisfactory to the serves the right to reject any and
methods at present used to dis¬ purchasers,
any
charge of the all bids. Bids offering an amount
bank for delivery service to be less than
tribute such aid.
' ;
par cannot be accepted.
The commisison's recommenda¬ paid by the purchasers.
The suc¬ Delivery will be made in Minne¬
tion was "analyzed" at a protest cessful bidder will be required to apolis,
Chicago, or. New. York
meeting of county representatives pay the city $2.00 per bond to ap¬ City, at a national bank acceptable
directed by Melville B. McPher- ply on the expense of the city in to the purchaser, any charge made
son, Lowell, Chairman of the State issuing and transporting the bonds by such bank for delivery service
Association of County Supervisors to the place of delivery and in to be paid by the purchaser.
The
and former Chairman of the Tax meeting bank charges for maturity purchasers will be required to pay
payments. Any bid for these bonds accrued interest on said bonds to
Commission.
;
Frank Landers, Secretary of the is subject to the following condi¬ but not including, the day of de¬
Commission,
explains
that
the, tion: The enactment, at any time livery; and in addition to the pur¬
price, purchasers of
the
body takes the stand that the subsequent to the submission and chase
equalization board is bound by acceptance of the bid and prior bonds Will be required to pay the
to, the delivery of the bonds of city $2.00 per bond to apply on
statute to fix an equalized valua¬
tion for the State not less than Federal legislation which in terms, the expense of the city in issuing
the total of assessed
valuations by the repeal or omission of ex¬ and
transporting
the bonds
to
.
reported for the individual
coun¬
emptions
to
ties by
a
their assessing boards. The
terest
aggregate of county assessments
otherwise,
or
Federal
on
subjects place of delivery and in meeting
the in¬ bank charges for maturity pay¬
income. tax
bonds of
a
class or char¬
acter which involves these bonds,
$6,800,000,000.
The
first complaint regarding will; at the election of the pur¬
assessments was filed for Wayne chaser, relieve the purchaser from
his obligations under the terms of
County, which includes Detroit,
amounts to
by T. M. Corcoran and K. J; Mc-
Carren,
members
ed
the
equalized
the
contract
of
and
sale
entitle
the
purchaser to the return of the
deposited wih the bid. The
bonds will be accompanied by the
amount
valuation rec¬
of Thomson, Wood
&
the tax commission opinion
Hoffman of New York, that the
works an "injustice" on the city
bonds are valid and binding obli¬
and is
resulting in removal of
gations of the city.
;
some industries across the Wayne
ommended by
ments.
Any bid submitted is sub¬
the following limitation:
The enactment at any time subse¬
quent to the submission and ac¬
ject
to
ceptance of this bid and prior to
the delivery of the bonds, of Fed¬
eral
legislation which in tepms,
by the repeal or omission of' ex¬
emptions or otherwise, subjects to
a
Federal income tax the interest
on
bonds
which
of
class
a
character
or
involves these
bonds, will,
at the election of the purchaser,
relieve
the
Additional
Bond
purchaser from his
Offeringcounty line into other counties.
Decision on this protest was de¬ Sealed and auction bids will be obligations under the terms of the
received on Sept. 11, at 10 a.m., contract of sale and entitle the
layed until those of the other
to the return of the
counties were heard. New millage by O. J. Turner, City Comptroller, purchaser
rates
were
established in
Kent for the purchase
of $349,444.73 amount deposited with his bid.
county
from
The
appeal coupon special street improvement
Rapids.* bonds. Interest rate is not to ex¬
schedule fixes the rates ceed 5%, payable A-O. Dated Oct.
on
the
new
the basis of
city
of
an
MISSISSIPPI
Grand
Due on Oct. 1 in 1943
city; 5.5 for the 1, 1942.
district, and 3.1 for the to 1952. Rate of interest to be in
county.
The county board had multiples of Va or 1/10th of 1%
Adams County (P. O. Natchez),
at 6.4 mills for the
Miss.
and
must
be
the bonds,
MINNESOTA
the
same
for
all
of
Prin, and int. payable
at the fiscal agency
New
Austin, Minn.
urer's
York,
or
office.
of the city in
at the City Treas¬
In
addition
to
the
Bond Call—Mayor T. B. Rockne
purchase price, purchasers will be
is calling for payment on Dec. 1,
required to pay the city $2.00 per
at the office of the First National
bond to apply on the expense to
Bank & Trust Co., Minneapolis,
the city in issuing and transport¬
numbers 13 to 32 of swimming
ing the bonds to place of delivery
pool bonds, dated Dec. 1, 1938, ag¬ and in
meeting bank charges for
gregating $30,000. Callable at par
handling maturity payments, and
and accrued interest.
accrued interest from date of said
bonds to date of delivery.
Hopkins. Minn.
Certificate
Offering
—
Sealed
Any bid,
submitted is subject to the follow¬
Bond Election
The Board of
—
County Supervisors has called
election
for
Sept.
4
in
order
an
to
have the voters pass on the issu¬
ance
of $175,000 army air base
purchase bonds, to be used in
nection
with
Natchez
like
a
bonds,
also
up
for
.
proval by the city, voters
date.—V.
same
156,
con¬
amount
p.
of
ap¬
the
on
650.
Laurel, Miss.
Bonds Sold—It is reported
that
$50,000 refunding bonds were pur¬
chased recently by the J. S. Love
Co. of Jackson, at a price of 100.02,
net interest cost of about 1.81%,
a
ing limitation: The enactment, at on the issue divided as follows:
any time subsequent to the sub¬ $25,000 as 2s, due $5,000 from Sept.
Sept. 1, by J. R. Carroll, Vi!-!
mission and acceptance of the bid 1,
1943 to 1947; the remaining
lage Clerk, for the purchase of
arid prior to the delivery of the $25,000 as
l%s, due $5,000 from
$1,543.35 certificates of indebted¬
bonds,.w of Federal legislation Sept. 1, 1948 to 1952. Dated Sept.
ness.
Interest rate is not to ex¬
which
in
terms, by the repeal 1, 1942. Interest payable M-S.
;
ceed 6%, payable M-S. Due 308.87
or
omission
of
exemptions
or
The Deposit Guaranty Trust Co.
on Sept. 1 in 1943 to 1947 incl.
otherwise, subjects to a Federal of Jackson, was associated with
St. Louis Co. Indep, Sch. Dist. No. 1 income tax the interest on bonds the above named firm in the
pur¬
on
Detroit, Mich.
Charles
Oct.
on
bids will be received until 8 p.m.
Offerings Wanted
troller
a
Due
tificate will be made for each
de¬
will
1942.
favorable, subject to the provision
purchase the
case,
1,
that the City Council reserves the
$6,800,000,000
Bonds will be
bonds
11, at 10.30
prop¬
mendation of
delivered gt Detroit.
vate
Offeringbids will also
Sept.
on
erty valuation for the state, nearly
fixed the city's rate at six mills.
In the event
that prior to the delivery of the
bonds the income received by pri¬
received
Oct.
State or bidders offering a bid. or bids
over
the complying with the terms of the
of the printing
paid by the city.
Bond
auction
a.m., by Geo. M. Link, Secretary
of the Board of Estimate and Tax¬
school
be
and
Sept., 11, at 9.30 a.m., by Charles ation, for the purchase of $55,000
C. Swanson, City. Clerk, for the coupon work relief bonds.
Inter¬
purchase of $395,000 coupon re¬ est rate is not to exceed 6%, pay¬
funding bonds. Interest rate is not able A-O. Denom. $1,000. Dated
the
to
attorneys, Detroit, ap¬
proving the legality of the bonds.
The cost of said legal opinion and
of the bonds will
A certified check for 2%
value of the bonds bid
for, payable to G. E, Miller, City
according to the Village
Treasurer, is required. /
Due $500 in 1943 to 1948
as
.
tion
any
charge by said bank for delivery
service to be paid by the pur¬
Sealed
may
,
will not be considered
until
Orleans Levee District
permission to issue $450,000 notes,
of the Detroit
to ;the. city Board of Assessors They contend¬
after deducting the premium of¬
fered, if any. Interest on premium
ble
of
Aug. 10 made appli¬
Equalization
par
event
no
on
State
Stevens,
Bond Offering—Sealed bids will
Education
Board
cation to the State Loan Board for
Board
value thereof and
accrued interest, together with a
premium of 3% of such par value,
plus % of 1% for each year, or
fraction thereof, intervening be¬
tween the date of redemption and
the respective maturity date of
the bonds called for redemption,
1944, at the
be
re¬
City, in Chicago; or in
Minneapolis, at a national bank
to exceed
Notes—The
Issue
trust
maturity, on 30 days' published
notice, at the option of the city,
on any one or more interest pay¬
ment
also
1939
Mich:
To
protests
will
issue
redemption
to
Bids
Ward Sub-
incl.
on
Rapids School District,
presented
of Detroit.
the City
company" in
The
will
shall
by said city, which
responsible bank or
of the City
LOUISIANA
Parish, Fourth
Grand
will
2% of the bonds, payable to order
Acadia
p.m.
funding bonds, series E.
Interest F-A.
and
named
Tenders
on
not sold
Clerk.
will receive
8
$3,000 4%-
semi-ann.
were
New York
satisfactory to the purchasers,
Isle, Minn.
ceived,
a
1%.
redemption on any one interest
payment date, then such redemp¬
Hopkinsville, City of, and Christian
County, Ky.
ri om.
Dated
standing bonds shall be called for
as
$1,500, 1958 to 1965, and $2,000 in
1966 to 1969. Interest payable F-A.
was
supply
follows: $500 in
Aug. 1,
2,
County, Mich.
Sept. 8
1945, $1,000 in 1946 to 1957,
on
1942 to
No.
District
er, District Secretary,
sealed
tenders
until
receive
6%
ported that the $142,000 general
improvement bridge bonds sold
jointly to the Mississippi Valley
Trust Co. of St. Louis, and Cal-
&
will
exceed
Bond Sale Details—It is now re¬
as
Macomb
Frac¬
Tenders Wanted—Fay Ostrand-
purchase of $28,000 not to
Wyandotte County (P. O. Kansas
City), Kan.
Burke
City,
William Stein-
—
Clerk,
for the
price of 100.511, it is stated.
lender,
City
of
on
Aug. 18 an issue of $100,000
public work relief bonds to the
Small-Milburn Co. of-Wichita, at a
Kansas
haus,
awarded
Commissioners
County
tional School
debtedness.
sealed bids until 8 p.m. on
The
—
:
Townships
received at that time of
Line, Mich.
Bond Offering
'
Lake
Sept. 14, of 1939 certificates of in¬
MICHIGAN
Center
Kan.
only.
1.749%, Dated Sept. 1, 1942.
Sept. 1 in 1945 to 1951.
Bonds Not Sold—The
..
KANSAS
Sedgwick County (P. O. Wichita),
date
and
Monday^,August 31, 1942
on
fered
high bid
June 1, as
and
that
to
Erin
Sept. 1 from 1943 to 1955. Sec¬
on
price of 95.00, a basis of about
5.02%.
Dated June 1, 1942.
Due
> i
Perry &
Due
Dated Sept, 1, 1942 and due $2,000
ond
a
•
$26,000
about
City reserves the
right on bonds purchased, which
are delivered subsequent to Sept.
9, 1942, to pay accrued interest up
of Boston, as 1Y4S, at a price
local banks at
chased recently by
on
Mass.
construction bonds offered Aug. 21
IOWA
Bonds
computed from the dollar price as
of Sept. 2, 1942.
MASSACHUSETTS
certified check for 2l/z%
a
of the amount'bid for, payable to
CHRONICLE
,
of a class or character which in¬
(P. O. Proctor), Minn.
Sale
The $49,000 semi- volves these bonds, will, at the
ann.
funding bonds offered for election of the purchaser, relieve
sale at public auction on Aug. 24 the purchaser from his obligations
-—v.
156, p. 555—were awarded under the terms of the contract of
Bond
chase.
..
—
jointly to the Northern National sale and entitle the purchaser to
Bank
of
Duluth, and Bigelow, the return of the amount deposited
Webb & Co. of St. Paul, as l%s, with his bid.
Delivery will be
at a price of 100.002, a basis of made by the City Comptroller in
Ocean
Bond
works
sale
were
Springs, Miss.
Sale—The
revenue
on
$30,000 water
bonds offered for
Aug. 20—v.
awarded
to
156,
Marx
p.
556—
& Co.
of
Birmingham, and associates, as 4s,
according to the Town Clerk.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
Volume 156
739
On the brighter side of the, on Sept. 1, by W. E. Easterling,
between the years and in such case-the deposit ac¬
inclusive, and drop companying his bid will be re¬ ledger, corporation taxes gained Secretary of the Local Govern¬
Carterville, Mo.
•
at that time to $18,000 for the next turned.
strongly, while the pari-mutuel ment Commission, at his office in,
Bond Election — The issuance six
years.
They then decrease to I The bonds will be valid and tax also increased and the per¬ Raleigh, for the purchase of $12,of $7,500 school building repair
$1,000 in 1955 and 1956, when the legally binding obligations of the sonal income tax remained on an 000 refunding street bonds. Dated
bonds will be submitted to the entire indebtedness of the borough village, and the village will have even keel in spite of the 25% re¬
Sept. 1, 1942. Due $4,000 on March
voters at an election on Sept. 1, has matured.
The new plan will power and will be obligated to duction effective this year.
1 in 1958 to 1960 incl., without
the Board of Education announced. involve the extension of $85,000 levy ad valorem taxes upon all
Corporations
taxable
under option of prior payment.
Denom.
worth of 2 lk % bonds should the the taxable property within the Article 9-A paid $818,000
more $1,000, Coupon bonds registerable.
NEBRASKA
necessity for such extension arise. village for the payment of the during July than a year ago, while as to principal alone.
Prin. and
Bocne Co. Sch. Dist. No. 7 (P. 0.
According to Finance Chairman bonds and interest thereon with¬ those taxable under Article 9 paid int. (M-S) payable in legal tender
Pari-mutuel re¬ in New York City; general obli¬
Albion), Neb.
Connolly,
who
introduced
the out limitation of rate or amount. $132,000 more.
Bonds Voted—The issuance of measure, the borough will attempt The opinion of Hawkins, Delafield ceipts were up a quarter of a mil¬ gations; unlimted tax; delivery on
and
or about Sept. 18, at place of pur¬
Longfellow, of New York lion dollars.
$6,500 school house construction to continue to retire bonds accord¬
Increases were also registered in chaser's choice.
There will be no
bonds is said to have been ap¬ ing. Jo the present plan, but will City, to this effect will be fur¬
000 per annum
■'<
MISSOURI
,
1943 and 1948,
.
.
proved recently by the voters.
Co.
jBrown
be
,
Cons. Sch. Dist. No.
9
tion
the
to
on
voters
at
sub¬
borough's indebTEftmess
bring the
an
to
end in 1956.
an
Connolly
Mr.
credited with
was
Housing
.
!•.-.,
redeem
to
redeem
will
and
than
ate available
on
actually re¬
are
"
"
Housing Au¬ quired; •
The plan has been approved by
thority bonds (First Issue), Series
A, maturing April 1, 1943 to 1955, the Local Government Board with
and
accordingly
on
October
1 these conditions, ' Mr. Connolly
October. 1, all of its
'■
■*
able
each
on
"The
at the
bond
National Bank,
said:
and pay¬
Omaha
there will be become due
thereon
will
Bond
(P. O.
Trenton), N. J.
registered school bonds offered
on Aug. 26—v. 156, p. 651
for sale
awarded
to
E.
Rollins
H.
Philadelphia,, according
to the District Clerk.
Dated Sept.
& Sons of
Due on Sept. 1 in 1943 to
1, 1942.
incl.
1952
New Jersey
of New Jersey's personal
property
system is being prepared
direction of Governor Edi¬
for
State
submission
the
to
1943
Legislature, according to re¬
port.
The
1
' - ; -"
• • •
Governor said the person¬
alty ta^ revision would be another
step in a proposed general over¬
hauling of the State's tax struc¬
ture, which he hopes to complete
before leaving office in January,
1944.
The railroad tax revision of
last year was
the first step in the
program.
'•••'. •'
Taxation of intangible
Purchased
In
Market-
Edison
as
"an
!
Sale—The
Mex.
N.
subway
extensions
after the
The
to
built
be
war.
total
-
estimated
cost of
projects to be; covered by these
plans is $312,603,000. In addition,
funds
already have been made
available for other post-war
$144,000 semi-
public improvement refund¬
the
the
ects,
estimated
total
proj¬
cost
of
which is
iniquitous
palities and is a sword of Damo¬
cles that presents a constant haz¬
ard to industry."
;
The Governor, it was said, re¬
ferred to testimony in the Hudson
Tax Board inquiry that
of corporations paid in¬
group
tangible personalty taxes at a pre¬
ferred rate, others at the full mu¬
rate and
taxation entirely.
nicipal
others
escaped
The bonds
were
purchased by the above bidders at
giving a net interest cost of
1.58%, the Sept. 1, 1943 to
1946 maturities bearing 2% inter¬
par,
about
Interest
payable M-S.
Bonds
Offered
Public—The
To
purchasers reoffered
the above
bonds at prices to yield from 0.50
to
according
1.60%,
The
1943
maturity.
to
1946 maturities
to
total
of which is to
Refunding Details
,
—
In connec¬
v.
156, p.
651, regarding the proposal of the
borough to refund $85,000 of out¬
standing indebtedness, it is re¬
ported that a plan of refunding
passed by the Borough Coun¬
cil on Aug. 18.
The program, it
was said, will permit the borough
to extend an average of $17,000 of
bonds maturing in 1944 through
1948 to future years "when the
was
present schedule of maturities is
much lighter. Present maturities
according to report, average $44,,
.
.ex¬
ceeding 6% per annum in mul¬
tiples of one-fourth of 1%.
Each
letter to
a
be
to
sent
Bids
bondholders notifying them of the
action to be taken.
?'
Revenues
lands
first
the
1941.
Thousand
Authority
months
for
of T942
the
were
compared wtih $73,082
corresponding period of
compared
on
a
be
to
form
infor¬
additional
and must be accompanied
by a certified check upon an in¬
corporated bank or trust company,
payable
unconditionally
to
the
as
as
be
with
mation
Is¬
order
of
$240.
Total for the month of July
$14,579,
was
the
Bridge
seven
$40,757,
in
of
must
furnished
the
The
Masslich and
with
State
Treasurer
of
Mitchell, New York
City, will be furnished the
$73,082.
for
approving opinion
pur-*
chaser.
Estimates
of
revenues
for
the
expected
pro¬
wave
of
full year 1942 indicate a decline of
60%
from the 1941
,
,
total of
$151,$120,686
In the event that prior to the
delivery of the bonds the income
received by private holders frorn
..
.
,
.
—
totals signers,
and engineers consideration to refund this issue on
Aug. 18—v. 156, p. 300—were
busy
for
many
months. Large at a rate of ZV2 to 3%, which
$92,000.
/
:
:
purchased by the State Bank of
Federal grants will be needed tb would have meant a
farge saving Munibh, &s 3s at par, according to
NEW YORK
enable the city to carry out the as
compared with the present rate the District Clerk. 'Due on July X,
huge construction program after of 41/4%; ;
East Aurora, N. Y.
' •; '
1952..'
'
"/
■;■."■■■
■
The bonds were originally sold
Bond
Offering — George
M. the war.
in April, 1937, in the amount of
OHIO
; ■ iV
Houliston, Village Clerk, will re¬
\
New York (State of)
ceive sealed bids until 3:30 p.m.
July Gasoline And Automobile $2,800,000 and are due March 1,
Bay Village, Ohio
f
(EWT) on Sept. 4 for the purchase Tax Revenues Sharply Lower— 1967. They were issued to provide
Bond Sale—The issue of $247,funds for paying the cost of con¬
of $22,500 not to exceed 6% in¬
Falling motor fuel revenue and
000 series A refunding bonds of¬
terest coupon or, registered bonds,
a
bridge
across
the fered
motor vehicles fees accounted for structing
$52,000,
the
remainder
.
architects
.
.
.
;
.,
■•s
.
.
.
,
,
.1943
incl.
1954
to
Denom.
10,500 public works bonds.
Due
Dec. 1, as follows: $2,000 in
1942; $1,500 in 1943 and $1,000
from
1944
bond
for
to
1950
$500,
incl.,
others
One
$1,000
each.
a
roll
report issued Aug. 23 by Car¬
E. Mealey, President of the
State Tax Commission.
Net
are
dated June
Bidder to name a single
interest; expressed in a
multiple of x/4 or 1/ 10th of 1%.
Prin. and int.
(J-D) payable at
1, 1942.
of
collections
by
the tax
de¬
partment from all revenue sources
totaled
month
All of the bonds
rate
compared to a year ago, according
to
$1,000.
$17,996,957.70 in the first
of the new fiscal year, in
$21,869,462.26 received
in the .corresponding month one
year ago.
That is a loss of $3,872,contrast to
504.56.
Motor fuel tax
:
receipts
<
were
off
Aug. 22—v. 156,
p. 556—was
composed of
First Cleveland Corp., Cleveland,
son
County, in New York State; and
Stranahan, Harris & Co., Inc.,
a
bridge ; across
the
Canadian
Toledo, jointly, as 2s, at a price of
channel at Ivy Lea in the County
100.445, a basis of about 1.90%.
of Leeds, Ont., and a bridge across
Dated Sept. 1, 1942.
Due Oct. 1,
the
international
rift
and
ap¬
as
follows: $35,000 from 1944 to
proaches therewith. At that time 1948 incl. and
$36,000 in 1949 and
there was no bridge crossing the
1950.
Second high bid of .100.63
St. Lawrence between Lake On¬
for
2V4s was
made by
Fahey,
American channel of the St. Law¬
rence
awarded
River from Orleans, Jeffer¬
to
a
group
-
tario and Cornwall.
Clark & Co. of Cleveland.
The
bonds, which prior to the
States entry into the war
commanded a premium, are cur¬
rently inactive with the price esti¬
United
mated at somewhere around 60.
Decline
in
this
issue
is
com¬
'
Bedford, Ohio
Bond Offering—Sealed bids
be received until
noon
will
(EWT),
Marine
Trust
Co.
of Buffalo.
•
•
,
,
,
.
-
the contract to purchase the bonds down $610,000.
„
(Reg. U. S. Patent? Office) William B. Dana .Company, Publishers, 25, Spruce Street NeV York, BEekman 3-3341
Herbert D. Selbert, Editor and Publisher.
William Dana-Seibert
President- William D
Riggs, Business Manager.' Published twice a week, [every Thursday (general news and advertising.issue) with a statistical issue on Monday]. Other
offirps- Chicago
In charge of Fred H
Gray Western Representative Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C.. Copyright 1942 by William
n
nf™ ^
as secon^cla^ matter ^brmrv 2^5
1942 at' thte nost office at New York. N.-.Y,, under the Act of March 3, 1879.
Subscriptions in United States and Possessions.
?^00 ner vear- in Dominion of Canada $2T50 per year vSouth and,Central; America, Spain, Mexico and Cuba, $29.50. per year; Great. Britain .Continental Europe (except Spain), Asia, Australia
Commercial
and
Financial
Chronicle
fndItthedicS
on
Sept. 5, by Fred Morris, Director
of Finance, for the purchase of
$1,419,000 and motor vehicle fees
parable to other revenue bonds. the following 3% coupon semi—registrations and licenses—were
bonds
Pennsylvania Turnpike" 3%% ann.
aggregating
$521r
This was ascribed
East Aurora, or at the option of down $867,000.
bonds due in 1968 are now quoted 699.76:
the holder, at the principal office to gasoline and tire rationing and
at 89-90, as compared with a high
$467,699.76 Series 1 bonds.
Due
of the Marine Midland Trust Co., other conditions which have had
of 108
and Tri-Borough
Bridge
Oct. 1, as follows: $66,699.76 in
New York City. A certified check a restrictive effect upon automo¬
Authority 3^4% bonds due in 1980
1944, $66,000 in 1945, and $67,for $450, payable to order of the bile operation.
sell at 82-8$V2 after having been
000 in 1946 to 1950; provided,
Transfer and estate taxes, most
village, is required. In the event
as high as 105. Liquidation in rev¬
however, that all of the bonds
of -all
revenue
that prior to the delivery of the unpredictable
enue bonds generally has been due
shall be subject to call or rebonds, the income received by sources, contributed substantially to
reduced
automobile
traffic
demption in whole or in part
to the July decline, being $1,660,private holders from bonds of the
caused by rationing and shortages.
at par on Oct. 1, 1943, or on
same type and
character shall be 000 under receipts a year ago.
The alcoholic beverage tax, due
anyinterest
paying
date
taxable by the terms of any Fed¬
NORTH CAROLINA
thereafter.
•
eral income tax law, the success- mainly to a sharp decline in sales
36,000.00 Series 2 bonds.
Due
Oxford, N. C.
ful bidder may, at his election, be of hard liquor, dropped $485,000,
Oct. 1, as follows: $5,000 in
Bond Offering—Sealed bids will
relieved of his obligation under j and the stock transfer tax was
be received until 11 a.m. (EWT),
1944 to 1949, $6,000 in 195Q.
the
in
name
rates, not
entertained.
preparing
,
the Bank of East Aurora office of
Verona, N. J.
tion with the report
and
or
unemployment.
518.
Gross for 1940 was
bonds of the same type and char¬
Even the $394,020,000, however, and for 1939 was
$186,298.
acter shall be taxable by the terms
is just a beginning. The complete
While there was no definite in¬ of
any Federal income
tax law,
post-war
program
recently
ap¬ dication in local banking circles
the successful bidder may, at his
proved by the City Planning Com¬ yesterday as to the final action to
election, be relieved of his obligamission, Board of Estimate and be taken
^regarding the interest i tions under the contract to punCity Council calls for a host of payment, it was pointed out that
chase the bonds and in such case
projects totaling $628,000,000. .Ap¬ what funds the authority had on
the deposit accompanying his bid
propriation of the several addi¬ hand might be needed as an op¬
will be returned.
tional millions of dollars that will
erating reserve.
Annual interest
be needed for preparing plans and
NORTH DAKOTA
requirements, are
$129,000
and
specifications' for all the projects operating expense is placed at Bruce Sch. Dist.
(P. O. Langdon),
will be considered by the board
$45,000.
N. Dak.
in the future. >The $10,331,555 ap*It is pointed out that two and a
Bond Sale
The $10,000 semipropriated will keep planners, de¬ half years ago a plan was under ann. school bonds offered
for sale
1943 to 1952 incl.
.
County
tax
requested to
are
according to the City Clerk. Dated
Sept. 1, 1942.
Due on Sept. 1 in
purpose
vide against an
.
that invites deals around
State by the various munici¬
one
utilities
Bidders
mary
system
the
the interest rate
troller, received tenders on Aug.
bid may name one rate fof p&rt
21
from
holders
of outstanding Thousand Islands Bridge Authority
of the bonds (having the earliest
city bonds offering them for sale
(P. O, Alexandria Bay), N. Y.
maturities), and another rate for
to the various pension funds. The
Interest Payment Omission Seen
the balance, but no bid may name
Comptroller did not specify the —'The
New
York
"Jqurnal
of more than two
rates, and each
amount of bonds intended to be
Commerce" of Aug. 27 carried the
bidder must specify in his bid the
purchased or give any details as following report:
amount of bonds of each rate. The
to the specific, type of bonds de¬
Sharp
decline
inautomobile bonds will be awarded to the
bid-.
sired. He subsequently stated that
traffic due to
gasoline, tire and der offering to purchase the bonds
an
aggregate of $3,325,000 bonds automobile
rationing is expected at the lowest interest cost to the
were purchased at prices to yield
to result in omission of the Sep¬
town, such cost to be determined
from 3.02% to 3.06%,
"
tember 1 interest payment on the
by deducting the total amount of
$10,331,555 Allocated For Post¬ Thousand Islands
Bridge Author¬ the premium bid from the aggre¬
war Plans — The Board of Esti¬
ity revenue 4%% bonds, it was
gate amount of interest upon all
mate has appropriated $10,331,555
learned yesterday.
Members of of the bonds until their
respective
for the preparation of plans and
the authority are understood
to maturities.
No bid of less than
specifications for schools, hospi¬ have had the matter under con¬
par and accrued interest will be
tals, parks, sewers, bridges and sideration and were reported to be
personal as follows:
more than half
of the decline in
property under present New Jer¬ $12,000 water improvement bonds. July collections of the State De¬
sey law was described by Gov¬
Due $1,000 on Dec.
1 from partment of Taxation and Finance,
ernor
auction.
corporated business tax, cigarette
tax and racing admissions tax. Re¬
Bennett, Smith & Co. of Detroit,
and Oswald F. Benwell of Denver,
revision
son
^
est, the Sept. 1, 1947 to 1952 ma¬
carrying
interest.
Plan Revision Of Personal Prop¬
at the
<
turities
(State of)
erty Tax—rA program for
taxing
Bonds
the mortgage recording tax, unin¬
Y.
$81,417,000. In all, there¬
ing, Series 1942 bonds offered for fore, funds are now available for
sale on Aug. 21—v. 156, p. 475— planning
$394,020,000
worth
of
were
awarded jointly to Crouse, post-war
construction, the pri¬
ann.
Sale—The $15,000 coupon
—were
subse¬
MEXICO
Albuquerque,
NEW JERSEY
or
of 10%
excess
NEW
quent to said date shall be void.
Hamilton Twp. Sch. Dist.
in
quent to June 30. 1942."
subse¬
maturing
coupons
Bond
declined
to bear interest and in¬
cease
dollar has
chasing' power" of the
date together with a redemption
premium of 4% of said principal
and from and after said date said
bonds
so
called for redemption
terest
current
the
levy fall below 85%, or, the pur¬
redemption
to
the extended
operative, pro¬
use
collections -of
vided
principal thereof and accrued
interest
right to
maturities shall be
Omaha, or at the
option of the holder at the Chemi¬
cal Bank & Trust Co., New York,
the
the successful bidder.
New York, N.
bank taxes declined.
Authority (P. O. saying that the plan will prevent
the borough from being in the po¬
,*
Omaha), Neb.
Bond Redemption — Secretary sition where one year it rtiay be
Philip M. Klutznick reports that impossible to meet the maturities,
the above Authority has elected or another year where more funds
Omaha
nished to
ceipts from the
elec¬
Sept. 9, it is reported.
mitted
the new
on
^ill provide a flexible
retirt^nent enabling the
system of
(P. O. Ainsworth), Neb.
Bond Election—The issuance of
$9,400 funding bonds will be
abltkjo fall back
plan whicft
*>r *>reig* subscriptions and. advertisements must be made in New York funds.
,
*HE COMMERCIAL St- FIN ANCIAL;, CHRONICLE
740
Series
•11,000.00
Dated June
as
to
1944
'•
1947 to 1950.
incl.
1, 1950. Interest A^O.
$1,000, one for $699.76.
Bidders
bid for a different rate of in¬
terest in multiples of Va of 1%.
Bids to be for all or none of each
issue.
The bonds shall be sold to
All of the bonds
may
the
terest,
best
and
highest
.
number
is
crued
considering
a
bond
issue ->of
pan.
on
ment
Sept.'
Sept.* 1, vl942.
Sept. 1 as follows: $260.79
and $150 in 1944,; to ,1952.
on
1
right to.take
up -and -cancel "in numerical ordersuch portion of said
bonds as
the
after
mature
1942,
1
face
1
from
year
payment
value thereof, with
1,
Of
upon
ac¬
$200,000 to finance cost of a reser¬ crued interest lo date of
San Antonio, Texas .payment. f
voir system.
;
Sale — The
$33,950,000
Principal and interest.payable. at ,£ Bond
the City Treasurer's office.;*., En-?, semi-ann. electric light and power
Mansfield, Ohio
' close a certified check* for 5%;of plant and gas distribution system
Bonds Authorized
The City
bonds offered for sale on Aug. 24
Council recently passed an ordi¬ .the amount .bid,Vpayable'f to rth-e
—v. 156; p. 653—were awarded to
city,';
nance authorizing an issue of $52,A. C. Allyn >&. Co. of Chicago, E.
000 street improvement bonds.
-Port of Cascade Locks (P. O. H. Rollins & Sons, and the Union
■
livery. '
—
Bellaire, Ohio
.
Authorized
Bonds
Council has passed ordinances au¬
thorizing the issuance of $18,500
to exceed 4% interest bonds,
Maumee, Ohio
Offering—O. E.
not
follows:
as
' *
Bond
T-
.
storm
bonds.
.
/
-
$350 on
Sept. 1 from 1944 to 1953 incl.
Denom.
■■
*
1952 incl.
sewer construction
Dated Sept. 1, 1942.
Authorized
Bonds
of
City
The
—-
authorized
Council recently
sue
Due
$350.
is¬
an
$15,000 street improvement
fconds.
Campbell, Ohio
•
Offering—John B. Ross,
Bond
City Auditor, will receive sealed
bids until
(EWT) on Sept. 8
purchase of $18,000 4%
the
for
noon
judgment bonds.
Interest A-O.
Dated Aug. 1, 1942. Denom. $1,000.
Due Oct. 1, as follows: $2,000 in
1944, $3,000 in
$4,000 in 1949.
for
in
194.5 to 1948 and
Bidders may bid
different
a
rate
of
interest
multiples of Va of 1% or mul¬
Bond
.
Sale
payable at the office
est
of the
Sinking Fund Trustees in the city:
Issued for the purpose of paying
court
certain,
The
judgments.
bonds will be sold to the highest
bidder offering the
lowest interest
rate: at not less than par and .ac¬
crued interest.
The proceedings
looking to the issuance of these
bonds have been
taken under the
supervision of, Squire,; Sanders &
Bempsey, of Cleveland,, whose ap¬
proving opinion will be furnished
to
k
of
following
the
for
payable
$350,
City Treasurer.
3%
Bond
the
Trustees
until
as
will
as
receive
p.m. on
of
sealed
bids
Sept. 4 for the
$252,000
4%
bonds
investments, and described
follows:
/.I
.
,
.
as
group to
for
reasons
"five bank¬
ing firms, each of which will have*
an equal commitment of bonds in
the deal.
Dillon, Read participated,
financing by the
•in the last major
San Antonio Public Service Com¬
1
•!'
"*■■<•< &
'According to reports yesterday,'
pany.
r
insurance
numerous
had
companies
interest: in
the-
expressed
-
-
-
—
.
•
-
to
pursuant
ance
with
and
full
in
compli¬
the Uniform Bond Act
of the" General
of
be
the
operated*by
-'
municipal authority. 1
*
-„
•
.
Code,-arid pursuant
to. ordinances
will
system
the
Council
of
...
.
.
Johnstown, Pa.
.
i * Note Sale—An issue of $300;000
is¬
notes was recently sold' to C. C.
said
suance
^
Collings & Co. of Philadelphia, at
134% interest. .Due Dec. 31, 1942.
ISLAND
RHODE
-
f
Cranston, R. /,'V
bonds
950)000 of-electric light and power
revenue, bonds of the city of San
will
in
deal
the
to five.
CANADA
•.*
ALBERTA
|-.vA.;C. Allyn- & Co., the Union
bonds
Monday
on
by
the
to
primary election-on
Sept. 15. :■"! ;•" 'V •'
bringing, the total of major under¬
writers
submitted
be
voters at the
Antonio, Texasf was enlarged yes¬
terday to include Dillon| Read &
Co. and Kuhn, -Loeb &: Co.,; thus
'Securites Corporation "and E. H.
Rollins & Sons, Inc., competed suc¬
cessfully for
the
San
Antonio
•
-
-
Notice
!
:•,//
.
Alberta (Province
r..
-Of
Interest
of)
r
;
Payment—:
Provincial Treasurer S.
E. Low is
offering to
notifying holders t: of debentures
!purchase .the issue at an interest- which matured Sept. 1, 1941, that;
000
sewerage loan
icost basis to the city of 2.85% The the
said approving opinion to be paid
province will pay interest to
(temporary. renewal notes offered •next best
bid was tendered by a bona- fide holders of debentures;
for by the purchaser of the bonds.
Aug. 21„-. was awarded to ' .A.- G. .nationrWide,
syndicate of under¬ of the above issue at the rate of
Becker A; Co., Inc., -New York, Tat
writers headed jointly by Halsey, 3%
Ohio State Bridge Commission
per annum in respect of the
$1,000,5
Act3 oil 19397
Note Sale—The issue
-
of
.
0.76.% discount.Dated. Aug. 28,
'Stuart. & Co., Inc., and the Mellon
(P. O. Columbus), Ohio
1942 and due Aug. 25, 1943h .The
Securities Corporation at an in¬
Call—Secretary-Treasurer bankers - -reoffered
them
on.
a
terest cost basis of 3.0419%.
State
Bridge, Commission. Ray 0.66 % discount
basis..'; Other bids
.
"
Bond
.
"
.
.
.
"
,
f ' The
Allyn
Roilins
group
-
Union vSecurities-
fiscal
had been acting .as
half-year ending Sept. 1, 1942, being at the rate of $15*00 and $7.50
respectively, for -each
$500 denomination.
;
-
$1,000 and.
Holders will be paid interest on
.
Antonio in presentation of their debentures
setting ?up the linancing deal, the for notation thereon of such pay¬
proceeds of which are to be used ment of interest at any branch of:
by the city in acquiring the phys- the Imperial Bank of Canada in
Deben¬
acal properties of the San Antonio the Dominion of Canada.
[Public Service Company, a private tures should be accompanied by
the usual ownership certificate re-,
utility which is part of the United
Light arid Power Company system. quired by the Dominion Govern-;
This system is undergoing dissolu¬ ment as in the case of coupons. -.
agents for San
conformance
tion ;-in
Public
Act.
with
the
sentence" provisions
: "death
Utility " Holding
1
,
of the
Company
.
4,000 condemnation bonds. Dated
Dec. 1, 1909. Due Dec. 1, 1949.
Interest J-D.
7,500 condemnation bonds. Dated
April 15,11910. Due April lS,
1950. Interest A-O.
3,500 condemnation bonds. Dated
May 1, 1910. Due May 1, 1950.
*
M-N.#
condemnation
bonds.
Dated June 1, 1910. Due June
sentation
and .surrender
of
such
coupons.
Interest
on
date
called.
ceases
Wadsworth, Ohio
Springfield, Tenn. 3 r;
>.
Bond Authorized
The City ; Bond Sale—The $25,000 3%. cou^
Council has passed an ordinance pon semi-ann. city .bonds "offered
authorizing an issue of $11,000 for sale on Aug. 21—v. 156, p. 557
■
—
^
Certificates
Canada announced
that; the
quested
Allyn •. group had .re¬
Dillon, Read and Kuhn,
Upeb I to:; join ; the- syndicate and
handle
major portion of the
proposed financing.: Dillon, Read,
it
was
a
additional
the / chartered
Dated
Feb.
Aug.
investment v banking
bonds, and plans are being formu¬
lated; to offer the securities on
riext Monday or Tuesday."- The of¬
$50,000,000
sold
was
banks
at
;
to
0.75% J
1942 and due
18,
16, 1943.
!'; '
on
/ • ,s
MANITOBA
learned, is to head a nation¬
five
Aug. 18 that
issue of
certificates
deposit
wide group of, approximately sev¬
erity
on
s
Bank of
Sold—T*ie
,
Late yesterday it was disclosed
houses in the sale of the revenue
'/'.TENNESSEE
-
Canada (Dominion of)
(
an
;
—
advanced
were
$850,000 in 1948, $875,000 in 1949,
.
1, 1950. Interest J-D.
ition
(enlarging the
-
-
'
,
,
,
.
Interest
}
the
t
.
20,500
and
•
-
,
issue
—
'
•
the
of
.other
/
long-term commitment involved
ipending clarification of the litiga-;.
$800,000 in 1946, $825,000 in 1947,
$5,500 condemnation bonds. Dated
Palmer announces that Ohio State
for the loan were as follows: First
July 1, 1907. Due July 1, 1957,'
Bridge Commission, .bridge rev¬ National Bank of
Interest J-J.
Boston,- 0.84%;
:
:
enue 3V2% bonds, Pomeroy-Mason
Lee Higginson Corp., New York,
3,500 police bonds. Dated July
Bridge Nos. 8, 11, 37, 46, 48, 56,
0.94%,-. v.-'...
15, 1907. Due July 15, 1957.;
:"
60, 67, 76, 77, 82, 83, 95, 121, 125,
I Interest J-J.
' :
" 3,
132, 134, 138, 143,. 160, 165, .167,
SOOTH DAKOTA f
.
19,500
condemnation
b o n d s,
174, 187, 218, 221, 223r 229, 240,
Dated Dec. 31, 1907. Due Dec.
247, 249, 259, 260, 279, 280, 322,-335 1
3 Lake Andes, S. Dak. ; / ^
31, 1947. Interest J-D.
Bond Offering—Bids wilLbe re¬
and 339,lo the amount of $38,000,
30,000
condemnation' bonds. are
called for. payment on Oct. 1. ceived until Sept. 1, at 8 p.m., by
; •
Dated Feb. 28, 1908. Due Feb.
Dated Oct. 1, 1936, Due Oct. 1, Mabel C. Smith,.Village/Clerk,-for
28, 1948. Interest F-A.
*
the purchase of $13,000 .3% re>
1956, optional April 1,1937.1 .
•35,000 park bonds. Dated June 1,
Payment
of.. the
principal funding bonds." Due on Jan. 1, as
1909. Due June 1, 1949. Inter¬
follows: $2,000 in 1944 to 1947, $3,amount
of
said
bonds
together
est J-D.
with .a premium of 1V2 % of said 000 in 1948, and $2,000 in 1949. - :
,26,000 university bonds.
Dated
principal amount, will be made on
July 15, 1909. Due July 15,
•Lake -County (P. O. Madison3,3
or after date called on surrender
1949. Interest J-J.
of said bonds in negotiable form,
•; " ; ■" S. Dak.
•. V, :.7."
9,000 condemnation bonds. Dated
-Bond Call
County Treasurer:
accompanied by all April 1, .1943,
Sept. 1, 1909.
Due Sept. 1,
and subsequent coupons, n at. the Ray J. Olson is said to be callirig:
1949. Interest M-S.
,!
"
Guaranty Trust Co., New York. for payment on Oct. 1, Nos. 41 do
15,000
condemnation
bonds.
Coupons, maturing Oct. 1, -1942, 70 of 3% funding bonds,1'dated:
Dated Oct. 15, 1909. Due Oct.
and prior will be paid on
pre¬ Sept. 1, 1937; totaling $30,000/ In¬
-15, 1949. Interest-A-O.
terest ceases on date called.
:
'
,
size
the
or
,
■
• •••'/•
Secretary,
of Sinking Fund
way
bonds and it is believed they will$900,000 in 1950, $925,000 in 1951,
be substantial buyers.-; The bonds
$955)000 in 1952, $980,000 in 1953,
are a combination of 2^,• 2% and'
$1,010,000 in 1954, as 3s; $4,345,000
from 1945 to 1953 incl.
3% obligations, maturing in vary¬
Wiilamina, Ore.
maturing Aug.
1, $1,040,000 in
Bond Sale Details
The City,
ing amounts from 1944 to 1972.
5,320 sidewalk improvement
1955, $l;070,000 in 1956, $1,100,000
Aside from its underwriting inter-'
•bonds. 'One
bond
for
$320, Recorder states that the $15,000; in. 1957, $1,135,000 in 1958, as 23/4s;
others $1,000 each. Due Nov. water
refunding,
.Series;;; 1942, $2,375,000 maturing Aug. "1, $1,- est in the deal, the Allyn-Union
Securities-Rollins group, as fiscal1/
1, as follows: $1,000 from 1944 (bonds isold to Daugherty, Cole' & 170,000 in 1959, $1,205,000 in 1960,
agents, will receive $500,000, or'
to 1947
incl. and $1,320 in Go. of Portland—v. 156, p. 652— as
2^s; $5,185,000 maturing Aug.
lxk% of the issue, for services to
were /purchased" at
1948.
• '
•
a
price / of
; r
I, $1,240,000 in 1961] $1,275,000 in
San Antonio in arranging the deal.;
All of the bonds will be dated 100.08, a net interest cost of about 1962, $1,315,000 in 1963, $1,355,000
2.36%, divided as follows: $10,000 in
Aug. 1, 1942. Principal and inter¬
.1964,:as 2%'$; $10,685,000 ma¬
VIRGINIA
as
2V2S, due $1,000 from -Aug.;!,r
est (M-N)
payable at the State
turing Aug. 1, $1,395,000 in 1965,
1944 to 1953, the remaining $5,000
Radford, Va.
y
Savings Bank Co., Maumee. Bid¬
$1,435,000 in 1966, $i;480,000 in
as ,2^4s,
Bonds Voted—At a recent elec¬
due $1,000 from Aug. 1,
der may name a different rate of
1867, $1,525,000 in 1968, $1,570,000
1954 to 1958. Interest payable F-A.
tion the voters approved the is¬
in 1969, $1,615,000 in 1970, $1,665,interest, expressed in a multiple
suance of $162,000 sewer extension '
of 14" of 1%. A certified check for
000 in 1971, as 3s, and $1,715,000
WENWSYtVANIA ;
revenue bonds by a count of 247 to
;
2% of the bonds, payable to order
maturing Aug. 1, 1972, as 2V2S.
80.-j, The Federal Government is
of the Village Treasurer, is re¬
3. Subject to delivery in 60 days,
Bell Vernon Municipal Authority,
said to have authorized a grant,
with unlimited option thereafter.
quired.
•
•
;
Pa.
.;>•■: of $81,100 for the project. - Ma-!
Said bonds are issued to pay the
3 Bond Reoffering Syndicate En¬
7 Bond Sale
Purchase, of the
turities begin in 1945.
"J
Belle Vernon Water Co.. by the larged — Plans being formulated
village's portion of the cost and in
anticipation of the collection of borough was effected through the for the public reoffering of the
WISCONSIN
special assessments to pay the sale by the municipal authority above bonds were reported vas fol¬
> La Crosse, Wis.
Property Owners' portion of the of $290,000 water revenue -bonds lows hvtheTNew York "Times'! -of
i * Bond Election—City Clerk F..X!
cost of said improvements,: under to Moore,- Leonard •& -Lynch
of Aug.:.27: ? ;•!/)'"
1
vrThe% banking syndicate that on •Kramer -states-that an issue of
authority < of the general laws of Pittsburgh.... The bonds, will ^ma¬
the
State
of
Ohio, particularly ture in 25 years .and. ..the. water- Monday won -the award of $33,- $150,000 airport improvement r
,
Board
2:30
purchase
held
.
■'
The
follows: $9,645,000
as
bonds, maturing on Aug. 1—$750,(000 :in
1944, $775,000 in' 1945,
one
early in October.
'
-j Shaffer, .Williams & Gorman of
Ma- Cincinnati, and bids should be
made subject to their approval,
announces
•joewsky,
that
„ •
.
<
-
issue-divided
"557—'were
p.
of New
price of par, a net in¬
of about 2.85%, on the
both
Clarified
,
village providing for the
of said bonds passed Aug.
10, 1942.
'■ •■■■:
_• /;/
The legality of the proceedings
to the
leading up to the issuance of the
.
.
;
bonds will he approved by Peck,
Cincinnati, Ohio
Offering—Arnold E.
terest cost
"
the purchaser at the expense
the^ city.
Enclose .a. certified!
check
The $75,000 semi-, York, at a
property purchase bonds of¬
fered for sale on Aug.. 19—v., 156,
ann.
'
tiples thereof. Principal and inter¬
—
(Securities" Corp.,
awarded to Blyth
.& Co. of Portland, divided as fol¬
bonds:
": ;
;
lows: $20,000 as 2V4S, due $5,000
$6,980 street improvement bonds. from Jan.
1, 1948 to 1951; the. re¬
One
bond
for
$680, others
maining $55,000 as 2s,- due $5,000
$700 each. Due Nov. 1, as fol¬ from Jan.
1, 1952 to 1962 incl. '•■;/"
lows: $680 in 1944 and $700
; *5.
r"'
,1
•' '■- »V
;•
of
purchase
Due $1,500 on Sept. 15
1943 to
from
Charles,
Village Clerk, will receive sealed
bids until rioon on Sept. 4 .for the
•
3,500
Cascade Locks), Orei
.
$15,000 street improvement bonds.
'Dated Sept. 15," 1942.1 Denom:
$1,500.
•";7'.»t
/^ \
The City
—
officials
'them from
n
The city reserves the
Sept.
icity
.
Dated
bonds.
...
—
7, by City Auditor W;.Blackley,
the purchase of $1,610.79 not
to exceed 6% semi-ann. improve¬
shall
Proposed Bond Issue—The city
amount of the bid with ac¬
interest to the date of de¬
gross
Galion, Ohio
.
bidder for
until 8
t*Part Worth} Texas
;c,(i
"t Bond Election
It is reported
■
for
Due
1, 1913, and therefore non¬
taxable in 'Ohio, the city reports.
accrued in¬
Each bid must state the
of bonds bid for and the
Ore.
v;;'•[^
Bond Off ering-^Sealed bids will
be received
court action <againat San Antonio 7
seeking tov restrain
proceeding with a con¬
tract for the purchase of the
Sanv
that an election will be held about
Antonio Public Service Company >
Septal53 in order to vote on the
and transferring it to public own¬
issuance of the following bonds
ership. The authority claimed the
aggregating
$350)000:
$275,000
tlood control, and $75,000 storm right to acquire the utility prop-';
erty.
.
;sewer equipment bonds.
For this reason, the planned of'
Ranger, Texas
•.^ ifering of the bonds next week will
i. Sealed Offerings Invited -—City be on the basis that
they are to be
Secretary E. T. Eubank is calling delivered on or before" sixty days,
for sealed offerings of refunding after the date of sale. The under¬
bonds, Series 1940, dated March 1, writers expressed the belief yes¬
1940; until Sept. 5? at 5 p.m. '
terday "that the litigation would be
D atlas,
dated prior' in 1943
to Jan.
than par and
not less
are
TEXAS
oreqon
.
*
1,1950. Interest M-S.
11,000
-condemnation
bonds.
Dated Oct. 1, 1910. Due Oct.
Denom.
1942.
1,
library -bonds.,
1,-1910. Due June
46,000condemnation
b o nds.
Dated Sept. 1,1910. Due Sept.
v-
?
Sept.
-
1, 1950. Interest J-D. /
«
7,000.00 Series 4 bonds. Due $1,000 from Oct. 1, 1944 to 1950
Dated
rpiiblic
16,000
bonds.: Due
3
follows? $1)000 in
1946, and $2,000 in
<Oct.- 1,
Monday, August 31, 1942
Bond
Brandon, Man.
Exchange
Date
O.
An-/
L.
Harwood, City
Supervisor, is notifying debenture
holders of Brandon, Man;,: and the
School;) District of; Brandon No.;
nounced
—
.
fering will be on a "when, as and 129, that in accordance with the if*: issued" basis since litigation plan of adjustment of the city's
over.the deal.is still pending in debts and the debts of the school
not to exceed 3% interest munic¬ —were
awarded
to :<• Webster. - &
the >Texas courts.
}■£)• district,./the!! Municipal and -Public
ipal - hospital
addition • bonds. Gibson of Nashville, at a 'price of
Dated Sept. 15, 1942. Denom. $1,- 107.72,
/.On/ July. .13 • the ..Guadalupe-. U.tility/:Bbard of / Manitoba/! have!
a
basis of about' 2.28%!
100.
Due $1,100 on Sept.-15 from Doted Aug. 1,' 1942;, Due on?AugABlancorAuthorityj a Federal ,Gov-; Jixed.-Sept-.tl 5,-1942!; asvthe.».date-:i
1943 to 1952 incl. Interest M-S.
1 in 1952 to 1956.
"
• " ^A- ernment power authorityrbrought upon rwhicht Ihe^ old ^debentures ^.
Volume
and coupons
for
the
and
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
156
selin.
debentures, coupons
settlements pursuant
cash
Committee
will be exchangeable
new
provision of the plan.
holders, accordingly,
are requested to forward their de¬
bentures together with all unpaid
interest
coupons,
both matured
and unmatured, to the
Imperial
Bank of Canada, Brandon, Mani¬
her
or.
banker.
O.
As-
to
,
such earlier
If
feasible, it
gathered
and
a
conversion
the
later next month.
"
quar¬
he
cision,
issue
Debt
funding—The Montreal "Gazette"
the
reported as follows:
Possibility that the now tabled
it
is
month
re¬
printed to concede a greater voice
full
year
to
project for $250,000,000 refinanc¬
ing of Montreal's municipal debt
council than provided
city
the.
in
public accounts
for only
was
total
of
cess
$69,944,076 is
$53,676,356
in the
deferred payments
Then, there is $2,731,-
is¬
terest
ments, though why this
as
a
to
goes
of
expenditure
ordinary
was
an
when
revenue
swell
to
seems
call
sinking
for
of
account
the
742.
Temporary loans and de¬
posits, made up of $25,550,000 of
treasury bills, $670,439 of judicial
deposits, and $4,815,182 of security
and
in
fund
the" trade
Liquor
to
dinary expenditure of $19,845,483.
cil at
specially convened meet¬
However, there is
000
ing late this month instead of the
proposed three-man Bureau of the
857,224
statutory September
Budget to supervise fiscal opera¬
a
vealed
yesterday
re¬
was
one
appointment
in the future.
tions
Executive
by
office,
X
total of $17,-
the
heading
to
make
overall
an
Alexander & James, Ltd., 1st 6s, dated
Wyoming Valley Public Service Co.—
1924
substantial
deducted
Below will be found
1
forests, showing
bonds, notes,
and preferred stocks called for redemption, including
those called under sinking fund provisions.
The date
indicates the redemption or last date for making tend¬
ers, and the page number gives the location in which
the details were given in the "Chronicle."
;
;'r;;V-
1
AllentowB-J»^wii6hem Gas Co., 1st mtge. 3%s, due 1965_Sep
1
395
307.
' *
AlliecKOwners Corp., income debentures
due
24 ,yy
1963,1—-Sep
616
$7
preferred
Arkansas
&
Memphis
5s
mtge.
Arnold
due
Oregon
Oct., 1,
&
Bridge
Terminal Co.,
1964___-__^
Print Works.
California
Ry,,
1st
,
—-Sep
,
1st mtge.
1
debentures due 1950_Oct
;___•
•f
1
t2452
1,
14
1st mtge. bonds due 1943_Scp
1
series A,
---W-
Champion Paper & Fibre Co.—
-
A.""y V- -y
Oct
due
-
1950—_—_______Sep
RR.,
equipment trust
ctfs.
of
Columbus
Quincy
St.
Austin,
1st
& Southern
due
*
1
338
1/7 691
1970_Sep
Church, New Orleans, La.,
*
*
-"-N.
,
La., 5% serial bonds
—1a-Sept
3(4% debs, dated 1936_Sep
Consolidated Gas Elec. Light & Power Co. of Baltimore
1st ref. mtge. 3(47
sinking fund bonds du® 1971___Sep
;
1
bds. due 1951 & 1952_Sep
ser,
Congregation of St. Joseph's Roman Catholic Church of
1943.1
1,
Title
Consolidated
V
^
,
/
„
"1
#02
V;
r
9
1
9
Dulqth, Missabe & Iron Range Ry., 1st 3'/2s, due 1962__Oct. Easton k South Bethlehem Transit Co.—•
1; .i
67
f. income bonds due
s.
1951
47<
cumulative class
Abbott
Laboratories,
& Telegraph Co.—
yvy
1
gold bonds, series A. due July 2, 1943__Jan
1st mtge. 5(4 7 gold bonds, ser. B, due April 1,_ 1955_Oct
Hotel New Orleans Corp.—•
""l>
"
lien 10-year 5%
Allied
Chemical
Aluminum
6^
American
$5
American
341
162
. ,*
7'A
Sep
—
—
9-
:
preferred
1
87
American
4Vi'/t
10-
1
10-
1
$1.06 V4
(quar.)__
Records
National
Gas
Electric
&
57' bonds/ series
National
Oil
B,
Products
due
June
3(4 7
Co.,
Loan
Provident
Newark
lien
1st
Corp.,
1947
1,
Andes
4V2 7
Oct
1
*
1
516
debs.,
Arnold
Service,
Tobacco
82
News & Hampton Ry., Gas & Electric Co.,
mtge. 5s, due 1944—___•——--—-—Jan
Newport
1
f2288
Sep
17
699
ref.
1st &
American
Northern
HuFAH
Co. .3%?/
Telephone
Co.,
debentures
Ltd.,
1st
due 1954_^„
mtge.
4s,
series
A,
.
-1
10^*7
.
346
Aug 31
stock——.—
—Nov
2
Pacific Petroleums, Ltd.. 6ft debentures, dated 1940—-Sep
1
Parr Shoals Power Co., 1st mtge. 5% bonds due 1952—Oct
1
Paton Mfg. Co., Ltd., 1st mtge. 4Vs>s, due 1956——Sep
1
Outlet
Co..
Ry. 1st mtge. bonds
1st preference
5s, due 1945—Sep
& Power Co., ref. mtge, & collat.
due 1964—
Sep
Corp.-Baltimore Parcel Post Station
f'r bonds due 1949
——Sep
Pennsgrove Water Supply Co., 1st mtge.
Water
Pennsylvania
1
610
165
346
436
t2098
tl844
-
1
9-
6
t$3Va
436
1
Provincial Lt., Heat & Pow. Co., Lt.d., 1st 5s due 1946_Sep
1
Seaboard Air Line Ry. receivers' certificates
Sep
2
Shenango Vallev Water Co., 1st 4s. series B, due 1961—Sep 26
Sisters of St.
Joseph for the Diocese of Toronto in
Upper Canada 1st mtge. 4s, series A, dated 1935——,Sep
1
Southern Natural Gas Co.,
1st mtge. pipe line 3 V*r/v
bonds, due 1956
L——
—
—Oct
1
Springfield City Water Co. 1st mtge. 4s, ser A due 1956_Oct
1
612
3V4%
Leasehold
bonds
Stuvvesant
10950
Wilson
(The l
Lonvgiew
dated
Third
Bldg.
Sept.
Avenue
&
5
mtge.
9-
El
8
9-21
RR.,
7
67c-
Corp.
Breweries
$1%
Co.,
1.
1st mtge.. real estate bonds dated 1930-Sep
Ave..
Detroit,
Mich.,
1st
1927—
RR.
1st
5s
dated
1887
Inc.,- 1st 4s, series A, due
1
701
*
mtge. bonds,
Beech
$1(4
9-15
Gas
Paso
.
1955—:
1
25c
1
1
702
616
10-16
1
9-11
10-
1
9-11
9-14
9-' 4.
15c
9-25
9-
50c
9-24
9-14
9-11
9-
25c
10-
1
9-16
10-
6
9-16
9-29
9-15
.*:ta
i5c
9-29
9-15
50c
9-10
9-
1
1
25c
8-29
10-1
10-
1
9-15
10-
1
9-18
$1 Va
10-
1
9-15
+ 7
"
10-
1
9-15
9-28
9-15
5c
37 V2C
'
pfd.
Alarm
preferred
57
Co.
Class
1
A
9-10
9-
9-10
First
;
9-10
Fitzsimmons
t$l34
:
:
A
conv.
(quar.)_; y
$1
(reduced)
(Del.)
15c
7c'
10,
1
11-
2
10-
5
9-15
9-
1
9-
1
1
9-15
50c
8-25
8-15
t$3
Mills,
Inc
Co., •69y preferred____
Manufacturing Co.; 6% pfd. (quar.)
Machine Tool
•
9-
1
8-15
$1V2
,
(quar.)___—
57
8-15
10-
7c
50c
8-15
10-
1
8-
Fox
Stores
10-1
8-31
10-15
9-23
13c
9-25
8-29
(quar.)
40c
9-23
9-10
(reduced)
50c
9-19
9-
Black
Decker
&
Roller
Brack
(E.-
Brazilian
J.)
Canada
Co. of
Mines,
Mfg. Co.
&
Sons
Traction
preferred
(quar.)_—___
Ltd._^__^
Bearing
y :
(irregular)
Light
&
1
25c
^
(quar.)______
25c
•
-
General
Burgess
Byers
(A. M.)
quarterly
Co.,
9-12
1
9-15
Glen
9-30
9-16
Glidden
1
8-20
1
9-15
9-30
9-10
15c
$1%
9-30
9-16
Globe
9-15
9-
Gold
9-15
8-31
Wyant
Northern
77
preferred
due
Feb.
57
1st
Cannon
Co.
1,
1941,
Power,
Ltd.
preference
(quar.)__
(quar.)______^i____.._
common
(quar.)___
preferred
(quar.)
Steel
lien
(quar.)_^
prior
lien
2
8-31
tl5c
10-26
9-19
10-15
9-19
t$l
10-
9-15
12'/2c
10-
9-15
10-
9-15
10-
9-15
15c
10-
9-15
10-
9-15
10-
9-15
J3c
(interim)
9-25
10-
1
9-15
9-
4
Utilities
50c
preferred—!;
_____
9-11
9-
$134
9-21
8-31
$1%
West
9-21
8-31
4
*
5
9-15
9-
5
10-
15c
.
$1V2
$114
9-21
8-31
9-21
8-31
3
9-15
10-
$iy4
1
9-15
25c
9-10
8-28
9-10*
9-
8
25c
10-
1
9-10
10-
1
9-10
9-15
50c
(quar.)_
(increased)—_______
pfd.
9-
9-19
25c
(quar.)
convertible
Works
Knitting
8-28
1
9-12
10-
56V4C
9-15
20c
9-
4
1
$iy2
10-
1
9-30
iaccum.)_—
+25c
10-
1
9-19
partic. preference j(accum.)___i
Great Lakes Towing—
77
non-cumulative preferred (irregular)
125c
10-
1
9-19
Lakes
class
$2
class
Paper Co.,
partic.
A
(quar.)__
Ltd.—
preference
B
preferred
pfd.
9-10
8-31
$1%
(quar.)
$3 >4
9-15
8-31
$1(4;
$5.50
(quar.)
Hamilton
$2
Cottons
Co.,
Ltd.,
preferred
convertible
com.
(interim).
9-15
8-31
Harrisburg Steel
$2
Helme
77
&
Honolulu
(A.)
Gas
pfd.
Co.
Paper
(quar.)___
—_____—
Oil
1
8-20
9-26
9-12
50c
9-
1
8-15
$2Va
9-
1
8-20
$1
10-
1
9-
5
$ 134
10-
1
9-
5
9-25
-
25c
9-14
1
9-15
10.
9-15
9-
5
30c
Corp.
(Harvey)
9-
125c
(quar.)
Co
(quar.)— _____—-—
(quar.)
—
(quar.)
Humphreys Mfg. Co., common (quar.)
67
preferred (quar.)—4.
________
Huron..& Erie Mortgage Corp. (quar.)
Honolulu
Hubbell
8-20
50c
______—
(Canada)
9-15
1
■
20c
(quar.)-____
Co., common
& Son___:
9-15
1
9-
87y2c
——-———
(quar.)__—
Powder
Dauch
Hollander
conv.
Mfg.
preferred
Hercules
Hinde
Co.,
Co
(George W.)
Hathaway
1
10-
25c
(reduced quar,)
Hart-Carter
10-
U0c
$50c
(quar.)__
Hanley (James), common (quar.)___—
77
preferred (quar.)—
Houdaille-Hershey,
Co.—=
,
9-
$iya
3
9-
9-15
5c
preferred—.;
4"cumulated
9-
9-12
25c
Accumulated
$6
9-14
f$2
(quar.)
Products
9-15
$iy2
& Stock Telegraph Co.
Great
$6
5c
conv.
8-31
50c
1. (4 c
/irregular)
4147
Gulf States Utilities,
25c
(quar.)
Cariboo Gold Quartz Mining
prior
5
f$l3/4
common
Canadian General Electric
Central & South
9-
25c
Participating
60c non-cumulative
Carpenter
9-15
f50c
Foundry,.
(quar.)
Canners, Ltd.,
City
1
8-29
and
(quar.);
Packers,
Canadian
9-
$1.8919
&
Malting
T
9-10
15c
interest thereon
Campbell
Canada
10-
$1V2
Coal
Co.,
8-28
50c
——
pfd.
iquar.)
Corporation
Alden
8
9-
Extinguisher. Co
preferred
67
10-1
77. pfd..-representing the
dividend
;;.
V 75c
2VuV>(quar.)
8-20
10-
(quar.)
— _
General Precision Equipment Corp
____y
General Railway Signal Co., common......
$2
(bearer)____„.
Sharpe Manufacturing
Battery Co
1
5c
(quar.)
Fire
Mills, Inc., 57
10-
1
Co.
Box
General
8
British-American Tobacco Co., Ltd.—
&
9-
9-
25c
Cotton
&
General
t$iy2
y
9-19
9-19
1
(quar.)___—____
County Distilling—
preferred (quar.)
Bag
Girdler
1$1V2
'
Briggs & Stratton Corp.__^.,
Bright (T. G.) & Co., 67 pfd.
preferred
9-30
9-30
10-
8-31
Power—-
(quar.)
Bridgeport Brass Co., common- (quar.)
5'/2fr convertible preferred (quar;)_______
57r
9-19
(reduced quar.)_—
Co.
Brewing
Gamewell Co., common,
9-14
f$2
River
9-19
9-30
5c
Mills...;—____________
(irregular)—
$6 convertible preferred (quar.)
1
Bell Telephone
Berens
9-30
67/aC
convertible
60c
9-19
9-30
62 Vac
(reduced quar.)_______
non-partic. class B
Fulton
5
Stores, Ltd.—■
(Peter)
Franklin
9-
5c
(quar.
partic. class A
57
9-22
9-10
15c
—■
——
(quar.)
preferred
National
1
10- 1
_
(Bait.)—
9
5(47
9-11
9-15
.
5c
9-28
9-19
3
10-
30c
65c
1 quar.I—__
9-30
1
10-
15c
—i.
:y- Class. B
9-15
10-
25c
(quar.)
(quar.
(quar.)
Extra
9-11
(s-a)_
(irregular)
Corporation
t25c
'
common..;™^.
RR.
Mfg.__
Finance Co. of America
'9-15
9-
Inc.,
Plantation
Ewa
1
10-
75c
.
$1 Va
$2(4
(quar.):
Controller &
9-15
$134
—
(Texas)—
1
10-13
1
$lVx
—
___——_
Co,
9-
2
10-
75c
—
pfd.
iquar.)
9-10
11-
75c
(quar.)__—
Associates—
Fuel
&
9-21
i$i%
(quar.)
pfd.
(quar.)——
$6
9-
9-30
25c
— —
Inc.,
9-15
$1
y
Co.
European & North American Railway
Ltd.—
■
•
1'
9-29
1
87 Vac
<
Canada,
(quar,)——
Fire
Mills,
Creek
9-15
10-
4
$1
(quar.)__
preferred
12Vic
^
of
Refining, 4%
1
10-
•
Sep 15
2
10-
(quar.j
common
Electric
Ex-Cell-O
Belding-Corticelli, Ltd., common (quar.)____
f$l
lit. preferred (quar.)___—t$l%
$7
Sep
-Sep
11-
$lVs
A..__'
class
prior preferred
Eversharp,
(quar.)
Paper
Bausch
Capital
*
9-24.
(s-a)____'
preferred
Electric
8-31
10-15
$1
-
Participating
518
1
12'4c
common
Chemical, 5 Va 7
Bradstreet,
$4.50
8-31
9-21
4 ' $1%
:vJ
Common
Canada
700
614
*
10-
(quar.)
Company
Tar &
Eddy Paper Corp.
8
1
&
4V4 7
9
10-
25c
Co.,
1
2
_1_
Crucible
preferred
Eastern
8-28
10-
(quar.)i._____„
(Indianapolis»—
5
10-
11-
Corp.
Corporation
77?
5
t75c
preferred_„y_
5
37»4c
(quar,)___7
preferred-..1_/.
7%
Fibre
Co.
Harvester
(Joseph)
Dobeckmun
Dun
9-
$lVa
Canada
1
trust
Postal Service
9-10
99-
>
9-15
Sl'A
Co.,
Duke Power Co.,
9-15
(quar.)__^_
preferred
Atlantic
Brown
Ohio Connecting
1
9-15
v
Industries, Inc.—
(quar.)l___y_„7_;
Draper
9-24
Mining__-_^__'___^_-_i_____^
Constable
Common
67r
1
1950
North
due
—Sep
9-10
9-10
1
10-
"
62 V2C
< quar.)_______ ■
Corp,
Rayon
Dominion
1
25c
(accumulated
Rolling Mill—
Copper
Bower
1955. -Sep
_
debentures due
Association,
1
trust
collat.
10-
10c
Detroit
Dixon
•
433
433
10-
15c
(reduced)
com.
(quar.)_„_—
9-15
9-
t$l3/4
10-
Beacon
U839
344
conv.
9-30
Extra
9-15
Light Co.-, $6 preferred--1
States Insurance
Automotive
1
1
2
Mengel Co., 1st mtge. 4V2 7
9-10
$1.06 »/4
(irregular)
Publishing Co. (quar.li.LA--
9-15
9-
convertible preferred
Associated
debentures, due 1952—Oct
bonds, dated 1937___Sep
Michigan Chemical Corp., 5VaS debentures due 1949-—-Oct
Moran Towing Corp., participating pfd. stock—
Oct
5(4%
Long Island Lighting Co.,
9-10
9-30
(quar.)
Michigan
&
Delaware
9-15
9-30
pfd.
*
due
9-18
9-30
75c
(quar.)______
preferred
Dry Goods,
preferred
Decca
9-15
1
9-15
(quar.)_j^__^__u.
1
1st 5s
Ry.,
1
75c
75c
Petroleum
Dayton
8-27
10-
10-
25c
(quar.)
American
1959__,___~—-Nov
Madison
&
9-15
9-11
$134
(quar.).;
—
Litchfield
9-25
9-25
*
4
Co75c
American Sumatra Tobacco
514
514
3
75c
50c
—______
Co., common
Motors
Darby
11-15
,
2
1
due
1961
due
Public
American
431
&
9-10
1
t62 Vic
preferred
1
mtge.
1st
9-21
$1 »/4
,162
*
342
•
4
9-
Mfg.___—
9-8
,
9-15
preferred
Badger
Co.,
Power &
9-
9-10
■
•
606
696
Koppers
1
25c
pfd.___u":__
Co.u (reduced)-^_-^_i___i^L.
Meter
American
gold bonds
Oct
3
1944___i4_A7i.-'--Aug 31
collat. trust 3(47 bonds
1st 4y2s, series A.
notes
10-
$1
American Locomotive Co., 7'A
9
9-14
(interim)
common
partlc. pfd. class A
cum.
Crowell-Collier
9-26
50c
"(Houston)
9-
y
Arms
Diamond
9-18
50c
(quar.»___
Steamship
9
9-19
t$14
preferred
(quar.)
Continental
9-14
1
9-30
73c
Insur.
77
Chemical
$5 preferred
1
$1V4
>
Hawaiian
......
Kentucky Hotel. Inc., general mtge. 6%
57
10-
9-28
10-
$1 Me
_J__
common;
Lines,
General
Avondale
Co.
(quar.f_ri
,
American
77-
Light Co..
10-15
$3
(quar.t„^^.___„i.
American
343
80
Brothers
Corp.
2
9-
$1%
;
$7.50 preferred (quar.)_'___l______'______'_
Consumers Power, $41/2 pfd. (quar.>„______'
9-15
common::::.'_.T
Export
& Co.,
convertible
$1.50
:
9-20
•
America,
preferred
1
1
Power &
1
9-30
$1V*
______
American
Sep
due 1958__Sep
Kline
Dye
9-
9-19
(quar.)
Consolidated
Pag®
10-
10c
(quar.)
Bakeries, class A
')■ Extra
'A Class B
514
Iowa
&
of
pfd.
preferred
1
:
Co.
American
mtge. 6 Va 7 gdld bonds, series A. due 1947___j.___Sep
International Paper Co., ref. mtge. 6 7r bonds, series A.
1955
$2.50
9-20
$1
Engineering 59r
Alabama'& Vicksburg Ry.
605
due
>
1
40c
*
*
Aetna Standard
1
1st
V
J
(J. D.) Mfg. Co. (quar.)^_yJi_i_;y_l
20c
Supply Mfg., class) A (quar.)37'/2c
Aero
bonds_______Sep
mtge. and vendors'
Indiana Ice & Fuel Co.—
1st
Date
A
;
$4.25 convertible preferred
Compo Shoe Machinery Corp.
of Rec.
"10-
30c
!'
common'
9-11
$1
—
(quar.)
convertible
Common
;
Holder«
Payable
y
^
of Rec.
10c
(irregular)
(quar.)
Commercial Investment Trust Corp.—
•
^
When
-
Adams
.603
—-—
67
are:
per
yy
Holiert
Consolidated Laundries Corp.—
(quar.I
426
160
,
*
.
Home Telephone
1st mtge.
preferred
512
,
1
Sep 11
Eaton Paper Corp., 1st mtge. .5(47
bonds due 1943--.-Nov
1Pederal Screw Works, 1st mtge. 5s, due Mar. 1, 1949,__Sep
1
Frost Co., 1st lien & mtge. 4 Va7 bonds, due I943-,
Sep
1
Gamewell Co., $6 preferred stock__.;__,.—
Sep 25
Great West Saddlery Co., Ltd., 1st mtge. 6s, due 1948_-Sep
1
Gulf States Steel Coy 1st 4'/2s. due 1961___,______-_~Sep 21
Hartford Electric Light Co.. 3 '/< '/<■ debentures, due 1971-Sep
1
1946_______-___~
due
5s
1st
•
When
Payable
25c
Continental
y.'r-v
pro¬
Bieier,
snare
Strip
common
Credit
Consolidated
share
y
•
•
W. Properties, class
5%
Sep
,,
'
>;
■
1st mtge. 33/4s, series A, due 1955__Sep
1st mtge. 5s. due l951__Sep
Collateral trust
in
'
*
512
Danville Traction & Power Co.,
Cudahv Packing Co.,
Company and Issue—
*:
•
1
1
_
Power Co.,
Corp.—
■
A. P.
the Parish of Jefferson, Gretna,
due Sept.
Connecticut Light &
table
: cy
-■
Name of Company
4'j,_
Congregation of St. Anthony of Padua Roman Catholic
r
second
a
4(47
'
f
3 Vis,
Elec. Co. 1st
-'y'yVV
-
i
.
4*48, due 1943-1946_i,_Sep
mtge.
Ohio
512
-
follow with
we
The dividends announced this week
■•j,
512:
.
1;
1943-1948___-.i--_
due
Church
&
v<:'rr
1
sinking fund debentures due
Chicago, (Burlington
*
511
;.
f';V'•;■
;,4%7 sinking fund debentures'(1938 issue)________^_Sep
4% 7
declared.
^
\
t
Then
H.
provincial treasurer, and
Company
Corp.,
Fire
Patent
Commercial
we
.690
bonds
Power Co.- 5'/a 7- debs.,
1942__,~_-_
California Theatre Realty Co.■,
,
tl827
-Sep
current week.
J.
J, Dolbec, provincial auditor.
Co
Coal
preferred
Colt's
payments in many cases are given
under the company name in our "General
Corporation
and Investment News
Department" in the week when
*
,iv
Controller
77
are
grouped in two separate tables. In the
bring together all the dividends announced the
we
A.
certified by
are
Mathewson,
treasurer,
assistant
a
(quar.)
Cluett Peabody
first
Arthur
vincial
Weather
Chicago Towel Co.,
ord of past dividend
SjAtar67 debentures dated 1927_—w—-Sep 24 1 1
Anf trnda Copper Mining Co., '4(47
Name of
Chamberlin Metal
'
show the dividends previously
announced, but
which have not yet been paid.
Further details and rec¬
Allianc^'rt»»stment Corp., pfd. stock series A.~_—___4__Aug 31
'
.
Clorox Chemical
which
page
Company and Tssin>.—Date
y
Clinchfield
Dividends
statements
J.
Per
A
*
...
list of corporate
a
The
Hon.
the
increase; there is $1,-
Clark
'
for
Page
Oct
,1st and refunding 6% -3% bonds due 1971—„„__Sep
* Announcements in this; issue. tSee Volume 155. '
y:
been
from lands and
sur¬
W'yi'V^^'Date
Wood,
y.
has
Charities Fund; there is $8,066,528
of
capital expenditure, which would
appear
.
Company and Issue—
_
Redemption Calls and Sinking Fund
under
a
$31,-
another
up
loans, etc., to $363,960,364.
sion, the net amount after $1,000,-
and salary of two individuals on a
deposits, less securities
total of net funded and temporary
Commis¬
will be re-submitted to city coun¬
trust
hand, make
035,621 of debt bringing the grand
explanation;
there is $5,504,270 from
ex¬
revenue over or¬
sinking fund, mak¬
ing the net funded debt $332,924,-
presumably it
the
fund,
the Hochel-
Bank advance, and the rural
aga
classed
is
sinking
on
credits bureau
population,
following the
There is $1,211,787 of in¬
on
sinking fund > invest¬
census.
nine-
a
$72,153,330, which leaves
original version with regard
term, of
The
period.
The
The public debt stands at $386,601,099, but against this there is
784 from the Federal Government
understood, Mar. 31, 1941,
projected by-law will be
Of the total
listed under the heading of "from
sued a year ago for the year ended
Meanwhile,
of miscellaneous.
proceeds of loans in¬
no
taxation."
since the change in the
fiscal year dates from June 30 to
31.
colonization; fees brought $931,396; fines of various kinds, $543,551, and the balance is made up
for subsidy based on
which should go up
the first
Mar.
Re¬
of Aug. 22
cluded.
reported
be
are
Quebec Official Ga¬
tee next week.
Approving
In
there
is
This
reached by the executive commit¬
Montreal, Que.
Delay
would
the
when he brought down his
Turning to ordinary revenue of
$91,998,813, it will be noticed that
and
of
zette.
A definite de¬
indicated,
$91,998,813,
revenue, is
and which
special sitting
plan called
Mathewson, provincial treas¬
urer,
654,781 from Mines and Maritime
Fisheries; there is $497,682 from
game and fisheries; $120,232 from
estimates last session, and the fis¬
cal year had gone only 11 months^
which ended March 31, 1942,
appears in the current
year
,
QUEBEC
J. A.
expenditure of the
province of Quebec for the fiscal
terly council session scheduled to
Sept. 1 might be permitted
for
totaling
ordinary
as
revenue
open
to terminate
plus of $1,988,258 which is higher
than the estimate made
by Hon.
Exceed
shown in the official statement of
were,un¬
Asselin, the
Revenues
The Montreal "Ga¬
—
Revenue
designed
action
was moreover
from Councillor
Year
zette" of Aug. 25 reported in part
as follows:
-
refunding by-law back
a
Quebec (Province of)
$90,000,000
City Hall fi¬
over
.
Fiscal
a
study and report."
local
own
J.
agree
to the administration for "further
toba, for exchange.
It is sug¬
gested that the debenture holder
should v conduct
the
exchange
his
to
council last week referred
nances,
draft of
Debenture
through
failure
mode of control
to
the
-
Chairman
On
^
class A
Inc.
9-21
9-12
25c
9-15
9- 4
62y2c
10-
1
9-18
40c
9-19
9-
15c
9-30
9-18
$iy2
9-30
9-18
1
9-15
t$i
10-
8
f HE COMMERCIAL * FINANCIAL.CHRONICLE
740
Uct.
OREGON ;v/.;/'7;,.7^;/
10,000
-public
library -bonds.
•/•'
Dated June 1,1910. Due June
Dallas, Ore.
1, 1950. Interest J-D. /
Bond Off ering-^Sealed -bids wil 1
46,000
condemnation
b o n d s. be received until 8
p.m. on 'Sept;
7 • Dated Sept. 1, 1910. Due Sept.
7, by City Auditor W: Blackley;
1,1950. Interest M-S.'
"/;// for the
purchase of $1,310.79 not
11,000 - condemnation
b o n d s. to exceed
6% semi-ann.' improve¬
Dated Oct. 1, 1910. Due -Oct.
ment <bonds. Dated Sept; 1, :1942.
1, 1950. Interest A-O.
.7 Due on Sept. 1 as follows: $260:79
Series 3 bonds.
Due
as follows:' $1;000 In
to
1946, and $2,000 in
11,000.00
1,
■
1944
'
1950....
1947 to
7j000;00 Series 4 bonds. Due $1,>"
000 from Oct. 1, 1944 to 1950
inch 7
-,
Dated
'//
■
/
1
Denom.
1942.
1,
Sept.
•
$1,000, one for $699.76.
Bidders
bid for a different rate of in¬
terest in multiples of Va of 1%.
Bids to be for all or none of each
.....
All Of the bonds
best bidder
and accrued
terest,
Each bid must state
number of bonds bid for and
gross amount of the bid with
and
highest
hot less than par
for
,'
:
Bonds
is
bond issue of
$200,000 to finance cost of a reser¬
considering
voir system.
ac¬
livery,;',/'-' ;/ //:/ /. ■ ';/;/'/////..■/
!
<•
"
1952 incl.
from 1943 to
Denom.
$350.
an
City
ordi¬
an
issue Of $52,bonds.
;
Maumee, Ohio
Offering—O. E.
Charles,
/.//
■/-,/: <■
•;
$6,980 street improvement bonds.
sewer 'construction
Dated Sept. 1, 1942.
storm
1
The
—
:!/.:■ .../ /
bonds:
•
bonds.
3,500
"
One
bond
for
.
i
on
$680, others
$700 each. Due Nov. 1, as fol-
Sept. 1 from 1944 to 1953 incl.
•
/// .lows: $680 in 1944 and $700
Due
Authorized
Bonds
$350
The
—
from 1945 to 1953 incl.
City
5,320
Council recently authorized an is¬
of
sue
'///:
id
/
1 k improvement
e w a
'One
bond
Others $1,000
7//77"//7
,
s
bonds.
$15,000 street .improvement
bonds./'/ :'\//:/
for
$320,
each. Due Nov.
7 ' 1, as follows: $1,000 from 1944
Campbell, Ohio
Bond
.
City Auditor, will receive sealed
a
noon
different
rate
of
incl.
and
$1,320
in
bonds will
of the
dated
be
Aug. 1, 1942. Principal and inter¬
est
(M-N) payable at the State
Savings Bank Co., Maumee. Bid¬
der may name a different rate of
in
interest, expressed
a
multiple
of 1/4' of 1%. A certified check for
2% of the bonds, payable to order
of the Village- Treasurer, is ■ re-
interest
in
1947
1948.
All
(EWT) on Sept. 8
for the purchase of $18,000 4%
judgment bonds.
Interest A-O.
Dated Aug. 1, 1942. Denom. $1,000.
Due Oct. 1, as follows: $2,000 in
1944, $3,000 in 1945 to 1948 and
$4,000 in 1949.
Bidders may bid
for
to
•
Offering—John B. Ross,
bids until
multiples of Va of 1% or mul-" quired.
/;■■. /■•, '• ,7-, 7.; /j. 7: / 7 / :
tiples thereof. Principal and inter¬
■
payable at the office of the
Sinking Fund Trustees in the city.;
anticipation
Issued for the purpose of paying
certain, court
judgments.
The
be sold
special
highest
the lowest interest
par and ac¬
crued, interest.
-The proceedings
looking to the issuance of these
supervision Of. Squire; Sanders &
Dempsey, of Cleveland,. whose ap¬
proving opinion will be furnished
io^the
of
the
1
State
the, city.
of
pursuant' to
to
pay
of
/the
portion of the
with
ance
Ohio,
and
in
Council
.
of
village providing for the is¬
of said
10, '4942.;/
bonds passed Aug.
,///7 7/7'7/ 7/;/:; 7/;/-y
Enclose a. certified,
The legality of the proceedings
$350, payable to. the
leading up to the issuance of the
City- Treasurer. ..//;/.////•/
bonds will be approved by Peck,
& Gorman of
Cincinnati, Ohio
*
y <- Shaffer, .Williams
check
for
Bond
Offering—Arnold E.
that
the
Trustees
Secretary,
Board
will
p.m.
purchase
of
as
on
bids
sealed
Sept. 4 for the
$252,000
4%
bonds:
:
■') :/7:7/7,
/7.
subject
•Bond
Belle
Sale
Ohio State Bridge Commission
Water
(P. O. Columbus), Ohio
State
Palmer
July 1, 1907. Due July 1, 1957/
Bridge
interest J-J.
'
7/'7/7
/•
:
of .the
Co7
by \ the
borough was effected through the
sale by the municipal .authority
of $290,000. water revenue bonds
to Moore,- Leonard
-Lynch;/ of
Pittsburgh..; The bonds, wilLma!'ture 4n: 25 years and4hei, waterwill
be
operated«by
municipal authority. 7: 1
the
;/,7;v
• ■
Johnstown, Pa. v7.s,:
:7.:'„..
7;
Note Sale—An issue of
$300;000
notes was recently sold' to C7C.
Collings & Co. of Philadelphia/ at
l1/4% interest. .Due Dec. 31, 1942.
Bridge
V
0.76.%
1942
Commission.
announces
«HODE
Ray
that Ohio State
•
Co., Inc., New York, at
.discount.7/ Dated; Aug,. 28,;
and due
bankers
0.66 %
them
^reoffered
discount basis.
for the loan
were
as
on/
a
Other bids,
follows: First
'
'
.
r
.';%//
30,000
condemnation*
bonds
/ •
Dated Feb. 28, 1908. Due Feb
28, 1948. Interest F-A.
35,000 park bonds. Dated June 1,
1909. Due June 1, 1949. Interest J-D. /
7
.'7 77 7
7'
,26,000
university bonds.
Dated
July 15, 1909. Due July 15,
1949. Interest J-J. -
/
9,000 condemnation bonds. Dated
/
Sept. 1, 1909.
Due Sept. 1,
1949. Interest M-S.
7
',
15,000
condemnation
bonds.
/
Dated Oct 15, 1909. Due Oct.
.-15, 1949. Interest A-O.
7
4,000 condemnation bonds. Dated
/
Dec. 1, 1909. Due Dec. 1, 1949.
.
-
Interest J-D.
,
<
,
„
>
7 Bond
Reoffering
larged
—
Syndicate En¬
Plans being formulated
above bonds
reported
were
condemnation
bonds.
Dated June 1, 1910. Due June
1, 1950. Interest J-D.
be
the basis that
on
(delivered
they
,
to be
are
before sixty days
after the date of sale. The under-:;
writers
on
or
expressed the
belief
yes¬
terday that the litigation would be/
Clarified
one
way
the
or
early in October.
Thq
size
of
other
}
:
the
issue
and
the
/
,
long-term commitment involved;//
{pending clarification of the litiga-/:/.
ition
advanced
were
as
for
reasons
'enlarging the group to five bank¬
ing firms, each of which will have-//
an
equal commitment of bonds in
the deal.
Dillon, Read participated.
financing by the
/
in the last major
San Antonio Public Service Com¬
",7'777
/
pany.
'According to reports yesterday,1
numerous
insurance
companies'
■
,
had
interest
expressed
bonds and it is believed
in
•
the
■
-
they wilL
¬
be substantial
buyers./ The bonds
2%, 2% and;
3% obligations/maturing in vary¬
are
combination of
a
ing
amounts
from
1944
1972.
to
-
Aside from its
underwriting inter-' *'
deal, the Allyn-Union"
the
in
est
Securities-Rollins group, as fiscal-
/
agents, will receive $500,000, or'
\xk% of the issue, for services to'
San Antonio in
VIRGINIA
Bonds Voted—At
tion
the
suance
v
arranging the deal.:
:
Radford, Va. 7
voters
?/.
recent elec¬
a
the
approved
is¬
of $162,000 sewer extension
bonds by a count of 247 to
revenue
80.
to
Federal
The
said
have
Government
authorized
is
grant,
$81,100 for the project.
begin in 1945.
of
a
Ma-,
tun ties
,,
WISCONSIN
fol¬
as
lows in.fhe/New York "Times'! of
Z-ALa Crosse, Wis.
7
V/ 7 Bond Election—City Clerk.E. L.."
Aug.,27:7//;/;:.r/. r//7. .7
■;'/«7
/r^rThe. banking syndicate, that on
Kramer
states
Monday/won nthe award .of $33,-
$150,000
airpor t improvement
revenue
950,000 of electric light and power
bonds of the city of San
voters,at
Antonio, Texas,: was enlarged yes-,
terday to include Dillon; -Read &
Sept. 15.: 7 ;.7/
Co.
and. Kuhn,
bringing the
writers
•7 A.^
in
will
bonds
Loeb & Co.,;thus
to
five.
^
E.
bonds
on.
H.
„
an
interest
•qost basis to the city of 2.85%. The
next best bid was tendered by a
;nation/wide. syndicate
of
submitted
to
of
the,
election -on
7'/ / /7/"'/7r
'/■-
7
Monday by offering to
ipurchase :the issue at
be
issue
an
the primary
ALBERTA
C./Allyn7& = Co., the Union
Corporation and
.that;
CANADA
total of major under¬
the/deal
'•7;-77 Alberta (Province of)
Notice
.
-Of
Interest
•
Payment—►.
Provincial Treasurer S. E. Low is
notifying
holders ; of
debentures
7,
which matured Sept. 1, 1941, that;
v
the province will pay interest to
bona /fide holders of debentures
7
under-, of the above issue at the rate
-of-7/:'.
writers/headed jointly by Halsey,
terest cost basis of
3%
per annum in respect of the
half-year ending Sept. 1, 1942, being at the fate of $15.00 and $7.50
*
//
3.0419/ ;/ respectively, for each $1,000 and 7
/.The /AllynUnion /Securities- $500 denomination. ;
7 / ■
; :; f
Rpllins.' group had been acting as
fiscal agents for San Antonio in
setting up the financing deal/ the
proceeds of which are to be used
by the city in acquiring the phys^
Jcal .properties of the San Antonio
Public. Service Company, a private
utility which' is part of the United
are called for.
ceived until Sept. 1, at 8 p.m., by
payment on Oct. 1.;
Light and Power Company system.
Dated Oct. 1, 1936. Due Oct. 1, Mabel C/Smith, Village.
Clerk/for This system is undergoing dissolu¬
1956, optional April 1,1937.
./,. the purchase of $13,000/ 3 %/re/; tion* ih conformance with the
Payment
of
the
principal funding bonds." Due on,Jan. 1, as "death sentence" provisions of the
amount
of said
bonds
together follows: $2,000 in 1944 to 1947,$3,-. Public Utility Holding Company
with ,a premium of iy2% uf said 000 in 1948, and $2,000 in 1949. * ACt.? 77 " //•;"
//■ 7; / / / '
;'
principal amount, will be made on
/ Late yesterday it was disclosed
Lake -County (P. O. Madison),i
or after date called
on surrender
that-; the Allyn group
had re¬
:/••
of >said bonds in negotiable
/•'/' "
S. Dak.
:77/77/> quested Dillon/Read and Kuhn,
form,
Bond Call
accompanied by all April 1, .1943,
County Treasurer.
Loeb/ tp; join the. syndicate and
and subsequent coupons,. at the Ray J. Olson is said to' be calling^
handle a major
portion. of the
Guaranty Trust Co., -New York. for payment on Oct. 1, Nos. 41/to
proposed financing. Dillon, Read,
Coupons, maturing Oct. 1, 1942, 70 of 3% funding bonds,-.dated*
It was learned, is to head a nation¬
and prior will be paid on
pre¬ Sept. 1, 1937; totaling $30,000/ In¬
'
-Holders will be paid interest on
presentation
of
their (debentures
for notation -thereon of such pay-,
ment of interest at; any branch of:
the/Imperial
Bank
of
Canada
the Dominion of Canada.
tures
should
be
in
.
•
Deben¬
by"
accompanied
the' usual
ownership certificate re-%
quired by the Dominion Govern-;
ment
as
in the case: of coupons..
/
/
;
,
.
.
-
.
Canada
(Dominion
Certificates
Sold-^The
Canada announced
an
additional
on
issue
deposit / certificates
the
chartered
of)
/
.
7
of
Bank
Aug. 18 that
of
$50,000,000
was
banks
-
at
sold
to
0.75% /-
,,
-
—
*
sentation
and .surrender
of
such
coupons.
Interest
on
date
7
called.
.
•
ceases
-
:
-
terest
ceases
f"'"://7
on
date
called.
/ ;
wide group of.approximately sev¬
enty - f-iyp • investment; banking
houses in the. sale of the .revenue
Tennessee;
///•':77;/
-
Dated Aug.
Feb.
18, 1942 and due
16, 1943.
'f
*
on
J; /7;/ //
-
% 7-
/;/ MANITOBA ''7/'/:./v/'
■vBrandon, Man.
Bond
;
7.
Exchange
D a t e • An-,
nounced
O. L. Harwood, City
•
-
—-
Supervisor, is notifying debenture
holders of
Brandon, Man., and the
School7District of
.
Brandon
No./
129, -that > in accordance with the,;
plan of adjustment of the city's
debts and the .debts of the school
district,/the-Municipal aind Public
Sept. 15, 1942. Denom. $1,-, 107.72, !a basis of ^about'/2.28%/ ,..On* July.. 13 ' the ^Guadalupe-' Utility./Board of Mainitoba have!
v.,..
Due $1,100 on Sept. 15 from D#»ted Aug. 1/ 1942.
Due• ontAug/*Blan4M7Authofity? a^Federal iGov-iFfixed^^pt.4942//aSrsthe.ida%e-^
1943 to 1952 incl. Interest M-S.
1 in 1952 to 1956,
'
' -' - ernment* power authority rbrought 'upon r wlrich! the bid ^debentures
Dated
„
...
,v,
'
For this reason, the planned of¬
fering of the bonds next, week will
for/the public • reoffering of the
•
.
,
;
77vt:,
bonds, and plans are being formu¬
7,500 condemnation bonds. Dated
lated to offer the. securities on
Wadswofthi Ohio
Springfield, Tenn.
Bond Authorized '— The
April 15, 1910. Due April 15,
City : Bond Sale^-The $25,000 3 %. cou¬ next Monday or Tuesday/ The of-;
1950. Interest A-O. • .•;
Council has passed an ordinance pon semi-ann.
city .bonds ^offered faring will be un a "when, as and
3,500 condemnation bonds. Dated authorizing an issue of $11,000 for sale on Aug. 21—v.
156, p. 557 |ftissued" basis./since litigation
not to exceed 3% interest munic¬
; May 1, 1910. Due May 1, 1950.
were
awarded
to 'Webster -: & over vthe deal .Is still pending in
/Interest M-N%
ipal
hospital
addition
bonds. Gibson of Nashville, at a price1 of the Texas courts. 7
20,500
,
the
Stuart.& Co., Inc., and the Mellon
Aug. 25, 1943/7The Securities
Corporation at an in¬
•
.
{tract
the
on
Inc.,
:i8UiND7y//;:/S Rollins & Sons, the competed suc¬
cessfully for
*San
Antonio
Commission, bridge. rev¬ National Bank of
■/• ■Boston,- 0.84%;
enue 3Va% bonds,
Pomeroy-Mason Lee
3,500 police, bonds. Dated July
Higginson Corp., New York,
Bridge Nos. 8, 11, 37, 46, 48, 56,
15, 1907. Due July 15, 1957/
0.94%. ,7. rr/./:-///7//7;/';/;/y
60, 67, 76, 77/82, 83, 95, 121, 125,
Interest J-J.
/ y /'•/■,. ■
132, 134, .138, 143,/160, 165, 167,
19,500
condemnation; b o n d s.
SOUTH .DAKOTA //.>f/
174, 187, 218, 221, 223,7229/ 240,
// - Dated Dec. 31, 1907. Due Dec,;
24.7, 249, 259, 260, 279, 280, 322, 335 / ■/•>; Lake Andes, S. Dak.
31, 1947. Interest J-D.
Bond Offering—Bids wilLbe re¬
and. 339,tto the amount of $38,000,
•
issuance ' of
iSecurites
Becker &
.
>77'> 7 Bond Call—Secretary-Treasurer
$5,500 condemnation bonds. Dated
Purchase
—
Vernon
their
to
seeking 4o\ restrain
proceeding with a con7,
for the (purchase of the San
//
them irom
.
Cranston, R. I.'y -"7
be
;
Note -Sale—The issue of $.1,000,7
Approval,
000 - sewerage loan Act/ of: 1939/
said approving opinion to be paid
for by the purchaser of the bonds. ^temporary, renewal notes offered
Aug. 21, was awarded to 7A.- C.¬
made
officials
Antonio Public Service Company > /
and transferring it to public own¬
following bonds
ership. The authority claimed the.
aggregating
$350,000:
$275,000
flood' control, and $75,000 storm aright to acquire the utility, prop-'/
•erty. ■
■
'■ :
sewer
equipment bonds.
Sept? -45? In orderv to vote
•1
Cincinnati,. arid' bids" should
investments, and described
follows:
as
Sinking Fund
receive
until 2:30
held
of
Ma-
announces
■
election will be held about
an
action against San Antonio >
icity
,
_
•joewsky,
that
///;'//
particularly
compli¬ system
the
vcourt
..
.
Ranger, Texas
.7,-7
Sealed Offerings Invited —City
Secretary E. T. Eubank is calling
such
portion of said bonds as
for sealed offerings of refunding
shall >mature after 1
year
from
bonds, Series 1940, dated March 1,
Sept. 1, 1942, upon payment -of
1940, until Sept. 5, at 5 p.m. ; 1
the face value thereof, .with ac¬
;
crued interest to date of payment.
./s San Antonio, Texas
Bond
Sale
The
Principal and interest.payable*at
$33,950,000
the City Treasurer's office.;;. En-; semi-ann. electric light and power
close a certified checks for 5%-.of plant,and gas distribution system
the amount bid,7payable7 to rthe bonds offered for sale on Aug. "24
—v. 156, p. 653—were awarded to
city,
'/;/'■//•'/:;!;//yZ//-':.//,/
A. C. Allyn & Co. of Chicago, E.
Port of "Cascade Locks (P. O. 7 ; H.yRollins &
Sons, and the Union
7■'
Cascade Locks), Ore. : ' :;.\1 Securities * Corp.,
both of New
Bond Sale —•. The. $75,000 serni-.
York, at a price of par, a net in¬
ann. property
purchase bonds of¬ terest cost of about 2.85% on the
fered for sale on Aug.. 19-r-v..l56, issue
divided as-follows: $9,845,000
p.
557—were awarded to Blyth bonds, maturing on Aug. 1—$750,& Co. of Portland, divided as fol¬ 000 rm
1944, - $775,000 -in' 1945,
lows: $20,000 as 2V4S, due $5;000$800,000 in T946, $825,000 in 1947,
from Jhn. 1, 1948 to 1951; the; re¬
$850,000 in 1948, $875,000 in 1949,
maining $55,000 as 2s,- due $5,000 $900,000 in 1950, $925,000 in 1951,
from Jan; 1, -1952 to 1962 incl.
$955,000 in 1952, $980,000 in 1953,
77v.;,.)v■/«•' ,;:77/7;,'.;7;i7;vk,;v.;7 $1,01-0,000 in 1954, as 3s; $4,345,000
Willamina, Ore.
7 7: ;
maturing Aug. 1,
$1,040,000 in
Bond Sale Details — The City;
1955, $l;070,000 in 1956, $1,100,000
Recorder; states that the; $15,000
in. 1957, $1,135,000 in 1958, as 2%s;
water
refunding,
.Series ^ 1942•
$2,375,000 maturing Aug. 71, $1,bonds sold to Daugherty, Cole' 81
170,000 in 1959, $1,205,000 in 1960,
Go. of Portland—v. 156, p. .652—
as' 2V2s; $5,185,000 maturing Aug.
were
purchased at a price >' of
I/ $1,240,000 in 1961, $1,275,000 in
100.08, a net interest cost of about
1962, $1,315,000 in 1963, $1,355,000
2.36%,-divided as follows: $10,000 in
1964, as 2%s; $10;685,000 ma¬
as
2V2s, due $1,000 from Aug.* 1,>
turing Aug. 1," $1,395,000 in 1965,
1944 to 1953, the remaining $5,000
$1,435,000 in71966, $1,480,000 in
as .2y4s,
due $1,000 from Aug. .1,
1967, $1,525,000 in 1968, $1,570,000
195440 1958. Interest payable F-A.
in 1969, $1,615,000 in 1970, $1,665,000 in 1971, as 3s/ and $1,715,000
7/7;y;r: PENNSYLVANIA
7://;/ maturing Aug. 1, 1972, as 2%s.
Bell Vernon Municipal Authority, 7 Subject to delivery in 60 days,
with unlimited option thereafter.
Gode,-and pursuant
toordinances, of
said
•
and
full
the Uniform Bond Act
of the General
suance
purchaser at the expense'
collection
of said improvements, under
authority of the general laws of
rate, at not less than
taken under the
;
cost
bidder offering
bonds ha ye been
the
of
assessments
Property Owners'
the
to
'7/:
Said bonds are issued to pay the
village's portion of the cost and in
est
bonds will
1943
TEXAS 7-7.-';,
'/>7-C7
Worth, Texas ^/.A,//'./,
% Bond Election — It is' reported
•
—
Village Clerk, will receive sealed
bids until noon on Sept. 4 for the
purchase of the
following 3%
Due $1,500 on Sept. 15
$1,500.
..
Bond
$15,000 street improvement bonds.
*
"
Dated Sept. 15/ 1942. < Denom;
i
'
:
recently .passed
authorizing
nance
thorizing the issuance of $18,500
to exceed 4% interest bonds,
■'/*• •"
../"■.',/7
:
.
000 street improvement
not
•
"
Authorized
Bonds
Council
Bellaire, Ohio • 7<;
./.■
Authorized/— The City
follows:
a
Mansfield, Ohio
Council has passed ordinances au¬
as
Galion, Ohio
.
^Proposed Bond Issue—The city
in¬
the
the
the date of de¬
interest to
crued
''•i
in
to Jan.
The bonds shall be sold to
issue.
the
dated prior
are
$150 in 1944, to /1952.
1, 1913, and therefore non-i The city reserves the right to take
taxable in Ohio, the city reports.
up and cancel in numerical order
may
,•/■:;//7:. 7
Monday,August-31,il4>42,'*t
100.
Volume
and coupons
the
for
and
the
Committee
will be exchangeable
debentures,
new
settlements
cash
THE COMMERCIAL
Number 4103
156
selin.
coupons
provision of the plan.
holders, accordingly,
nances,
draft
Debenture
-
his
her
or
'
,
> • ■
Quebec (Province of)
Fiscal
earlier
designed
Delay
Approving
In
Debt
of
the
Aug. 22 reported as follows:
Possibility that the now tabled
it.
is
to
city
of
term
to
cil at
and salary of two
specially convened meet¬
a
Mar.
is
the first
31.
The
full
office,
for the
The
in
total
of
$72,153,330,
of
cess
expenditure
which leaves
ordinary
in the future.
tions
% '■ g^V^Motfees
Below will be found
under
to
Alexander
&
total of $17,-
the
make
and .refunding
an
Serial 6%
mtge.
Arnold
&
heading
of
overall
sur¬
Oct.
1
!
bonds
—Oct
5(4%- debs., series A,
due
.
1942—a———————aa——Sep
■
f.434%; sinking fund debentures (1938 issue)____—____Sep
1950——_____a-Sep
RR.,
equipment trust
sinking fund debentures due
Chicago,
ctfs.
,
Burlington
St,
of
Columbus
Quincy
&
1943-1948
due.
Southern
&
due
4V2s,
1st mtge.
Elec. Co. 1st
Ohio
of St. Anthony of
r
,
3 (4s,
1970.Sep
due
Title
Sep
1951
Dulqth, Missabe <fc Iron Range Ry., 1st 3'/aS, due 1962—Oct.
Easton h South Bethlehem Transit Co.—
1
5s
Eaton
-
due
1
512
1
338
691
Paper
1
1
:,
.,;•//•
1
1
-9
5s, due Mar.
1949—-Sep
1.
Telephone & Telegraph Co.—
;
-
1
,
<
^
1st
Orleans Corp.—
New
1st mtge.
.—Sep
1
gdld bonds, series A, due 1947—_____Sep
Co., ref. mtge. 6% bonds, series A,
—Sep
6 Va %
1
bonds
'
605
1955
.
—
Light Co., 1st 4(4s, series A.
5^
-
B
Export
preferred
American Locomotive
American
Meter
American
Power &
Sep
1st 5s due 1959—
—Nov
5 Va % debentures, due 1952__Oct
Mengel Co., 1st mtge. 4(4 %■ conv. bonds, dated 1937—-Sep
Michigan Chemical Corp., 5(4$ debentures due 1949—a—Oct
Moran Towing Corp., participating pfd. stock_—^_Oct
National
Gas
& Electric Corp.,
1st lien collat. trust
1961
due
Litchfield
——
<te
——a~-_-—
Madison
Ry.,
Long Island Lighting Co.,
5r!t
series
bonds,
Oil
National
1,
1947_____—Oct
314'v debentures due 1955—Sep
Association, 4!/2%
debs.,
Co.,
Products
Loan
Provident
Newark
due June
B,
1
1
1
11839
1
344
2 \
433
1
433
American
7'k
1
Public
Gas
Electric Co..
——Jan
1
t2288
debentures due 1954—____Sep
17
699
1
American
v>' 4(4%
1st mtge. bonds.—^ —
Aug 31
Outlet Co.. 1st preference stock..——
...-Nov
2
Pacific Petroleums, Ltd.. 6# debentures, dated 1940—.Sep
1
Parr Shoals Power Co., 1st mtge. .5% bonds due 1952—Oct
1
Paton Mfg. Co., Ltd., 1st mtge. 4'/2s, due 1956—.Sep
1
610
t2098
Pennsgrove Water Supply Co.. 1st mtge.
U844
r
1st &
ref.
American
Northern
dated
Co.
Telephone
1937
3%^
Co.,
Ltd.,
1st
&
mtge.
4s,
series
—
———
A.
—Sep
Ohio Connecting Ry.
Pennsylvania
trust
3J,4%
Power Co.,
bonds due 1964—
Water
&
ref.
5s, due 1945—.Sep
mtge. & collat.
1
Sep
1
—
165
Co.. 7'a
Rolling Mill—
States Insurance.
4-
Stuwesant
10950
Lonvaiew
dated
Third
Wilson
(The)
Arnold
Constable
Sept.
Avenue
&
1,
Ave..
Detroit,
Mich.,
1927
RR.
Co., Inc.,
1st
1st mtge.
—
5s
dated
1887
1st 4s, series A, due 1955——
Avondale
Fire
9-10
9-30
9-10
9-10
Corp.
10-
1
$1.06(4
(quar.)
^"10-
1
9-10
9-15
9-
9-15
9- 5
37(4c
11- 2
10- 1
t$3(4
10-1
9-24.
11-2
10-16
15c
62V2c
4
1
1»
5
Dixon
10-
1
9-15
10-
1
9-15
9-
9-15
'
9-
5
9-30
9-15
Dun
11-15
9-24
9-
9-15
25c
9-
1
9-
El
8
pfd.
(quar.)
Mills,
9-
t25c
9-30
9-10
t$l3/i
10-1
A (quar.U
$1
(reduced)15c
7c'
common__u
7c
RR.
Eell
River
Ltd.,
Mines,
Roller
(E.
Brazilian
J.)
pfd.
Traction
Light &
10-
1
1
8-31
i$2
interest
Canada
7%
thereon
Wyant
Northern
5'r
Packers,
Canadian
City
Carpenter
bonds,
$7
Feb.
1,
1941,
_
prior
preferred (quar.)
conv.
_.a4
Electric
—
(quar.)
Utilities
$6
prior
lien
preferred———
A^firtnulated
10- 3
25c
10- 1
9-15
9-11
9-22
30c
65c
10-
%•
aa——
(quar.(__
9- 5
9-10
1
(Bait.)—
a
15c
(quar.)a-a—aU__....
9-19
9-30
9-30
9-19
5c
.
9-30
5c
15c
—
.Aa.a—U//:/
9-30
9-19
9-30
9-19
6V«c
,
62(4c
(quar.)__
10-
9-19
'
;
(reduced quar.)
5c
5c
25c
/
.
9-8
1
Ltd.—
preferred
(quar.)
15c
—_
l(4c
50c
50c
pfd. (quar./
$1(4
General Precision Equipment Corp
25c
General Railway Signal Co.,
common—25c
6%
Coal
Alden
Globe
T
9-
1
9-10
8-29
15c
9-15
9-5
9-14
9-
Lakes
class
$2
class B
9-
2
9-15
8-31
partic.
A
9- 1
9-1
10- 1
9-15
8-20
8-20
9-30
8-31
9-15
9-15
9-10
8-28
9-5
9-5
!
10-26
9-19
10-15
9-19
10-
1
9-15
12V2c
10-
1
9-15
25c
10-
1
9-15
10-
1
9-15
15c
10-
1
9-15
5c
10-
1
9-15
1
9-15
9-25
9-15
10-
1
9-
4
9-11
9-
4
10-
9-10
8-28
\
9-10*
9- 8
9-10
9L10
$1(4
9-15
9-19
10- 1
9-15
10- 1
9-4
8-28
9-12
9- 1
9-30
+25c
t25c
10-1
10- 1
9-19
9-19
25c
50c
56V4c
-
20c
(quar.)____—_
10- 3
9-15
10- 1
9-15
10- 1
10- 1
Ltd.—
preference
(accum.U—
partic. preference /accum.)__—
Lakes
Great
Co.,
Paper
(quar.U
(increased).,
Stock Telegraph Co.
&
Great
______
convertible pfd.
Works
Knitting
Gold
/irregular)
4(4%
Co.,
$1V2
____________
(quar._aa_—
Towing—
'•
-
9-15
8-31
8-31
8-31
JlOc
*50c
10- 1
10- 1
9-15
9-15
25c
7%
preferred (quar.)
—______——
87(4c
Harrisburg Steel (reduced quar.20c
Hart-Carter Co., $2 conv. pfd. (quar.)_____
50c
8-20
8-20
;9-12
8-15
8-20
$1
9- 1
9- 1
9-26
9- 1
9- 1
10- 1
$1U
10-1
9- 5
10- 1
9-15
non-cumulative
7%
preferred
Utilities, $5.50
preferred
(quar.)
pfd,
(irregular)
$3'4
(quar.)—$1%
,a-_-———
—
3
9-12
(quar.)
Corporation
9-
10-
Inc., 5%;
preferred
8-31
1
Extinguisher. Co.__—_a._—15c
General Mills,
9-16
50c
Cottons
Hamilton
$2
Co.,
Ltd.,
convertible preferred
(James),
Hanley
Mfg.
Hathaway
Helme
7%
(George
Co
W.)
&
Powder
Dauch
(A.)
Hollander
Honolulu
Gas
Honolulu
Oil
9-21
8-31
Hubbell
$134
$1V2
9-21
8-31
Humphreys
9-21
8-31
$1(4
9-21
8-31
6%
Huron
(quar.)—-
(quar.U
-a
—a
—
(quar.)—
Co.a——
Paper
&
(Canada)
(quar.)_.__
Son.
Co
(quar.U.
(quar.)
Inc. (quar.),
Corp.
(Harvey)
$134
(interim)-
com.
Co., common
(quar.)
—
preferred
Hercules
Hinde
common
Houdaille-Hershey,
;
9-19
$2(4
$1(4
9-15
Co.—
preferred
1
(quar.U___—_______—__
Fire
9-15
f3c
—
9-15
10-
Cotton
Co.
Box
9-30
25c
(interim).
West
»
Mfg._A—75c
Stores
&
General
75c
J$2
(quar.)
/ 9-15
1
(irregulart
Stores,
General
Glidden
5c
—
9-28
9-15
10-
Mills
-.1—_____
(irregular)__________
$6 convertible preferred (quar.U_-—w-
Glen
i 15c
'
9-15
County Distilling—
Bag
9-16
t50c
—_w_
/
1
1
1010-
$1(4
Gamewell Co., common
$6
(quar.U—
Co.
convertible
60c
Fulton
9-15
t$l
common
(quar.)_:
Franklin
1
10-
25c
(quar.)„
37(4c
—
Gulf States
(quar.)—.
Ltd.,
Fox
8-29
9-15
'
$l'/a
——a
non-partic. class B (reduced quar.U-w
(Peter)
Brewing Co. (quar.)
9-30
J$l(4
t$l3/4
Quartz Mining
lien
8
$1.8919
Products
Steel
9-
9-12
and
Accumulated
/
'
;
common
5%
9-15
9-18
•
.
,
__a-_i_.a%-.._aa.AU
$2
———
Ltd.
General
1
$iy2
Foundry
(quar.U
preference
Participating
9-10
2 (4 %
4a—U—
Power,
Canners,
1st
9-23
9-19
10-
Ltd.—
preferred (quar.)
Canadian
8-29
pfd.. representing the
due
'
10- 1
10- 1
(Texas)—
partic. class A
5%
:
$1%
(quar.)-—-
.
%
American Railway (s-a)_
5%\ preferred (quar.)
preferred
t$l(4
Cannon
Malting Co.
9-23
9-25
25c
•/-.*
(quar.)
$13A
$1(4
(quar.)
(quar.)
•,
10-13
......A.t75c
of America
National
25c
;
(quar.U—
(quar.)
—a.a_._a._^.__._
Girdler
4———„
——
&
10-15
$3c
50c
;
pfd.
A
9-10
11- 2
10- 1
10- 1
8-31
10-
'
(bearer 1 _A—
dividend
quarterly
Campbell
8-' 1
Power—/
Sharpe Manufacturing
Burgess Battery Co._
Byers (A. M.) Co., 7%
8-15
l$l34
—a—
Briggs & Stratton Corp.__u
&
8-15
9-14
——A——'
(quar.)——:
preferred
8-15
1
—_
5 %
9-15
t$l
Bridgeport Brass Co., common 1 quar.I
5(4% convertible preferred (quar.)—u_a—;
Brown
1
8-25
(quar.)—40c
(reduced)
Bright (T. G.) & Co., 6%
10-
50c
Sons, (irregular)
&
8-15
10-
(quar.)„_—
common
Co.
Bearing
1
9-1
$1V2
(quar.) ''
Canada (quar.U.
\.
Ltd.—UrV;
Decker Mfg.
Black &
6%
Co.,
9-
t$3
preferred--—
(quar.)"
Telephone Co. of
Berens
-
(quar.)„
Belding-Corticelli,
preferred
6%
1
pfd.
Associates—
„___a.
Co.
Inc.,
Fitzsimmons
5
9-
'50c
;
Co.,
Manufacturing
Creek
7%
Inc
10-
25c
.a._—...
$6
1
75c
75c
(quar.)
—__
Inc.,
Fuel
&
9-30
f$l%
—
pfd.
(quar, )._.aaa-.a__w._._.a-;__—
First
9-10
2
5(4%
Extra
9
9-15
A-——'
B
5(4%
11-
9- 1
9-21
9- 1
U-——a....
Corporation
Extra
Class
i
Ltd.—
9-15
25c
$1
(quar.U——
Controller &
Class
1
9-11
9-28 :
9-15
9-
(quar.)
Electric
Finance Co.
9-10
conv.
(Del.)
10-
9-
1
9-29
:
25c
Canada,
pfd.
Mills,
9-15
25c
$1(4
9-29
9-10
common
preferred
Ex-Cell-O
:
Co.,
9-15
10c
Co.
Chemical,
Plantation
Ewa
9-15
1
Crucible
9-29
A__——_—50c
(quar.U.a—-UWU
Co.
Paper Corp.
Paso
$4.50
Eversharp,
!
9-15
10-
30c
U-——15c
European & North
.
»
/•;:
4%
8-31
4 10-15
common
class
Company
Gas
Electric
8-31
9-21
$1(4
Common
.
9-21'
"a-"'
(quar.)u____:_
Co.,
prior, preferred
preferred
Eddy
8
10-
$1%
9-16
,4(4%
9
1
preferfed___,_
9-16
Bradstreet,
Eastern
8-28
10-
25c
6
preferred
6%
9-14
9- 1
1
Tar &
Power
&
4
9-24
9-11
10-
Corporation
7%,
1
9-15
4
9-
50c
10-
Harvester
Dominion
Duke
9-
9-25
rl
(Joseph)
Draper
9-11
15c
___i_
iquar.l___.__a_
Rayon
Dobeckmun
9-15
9-15
9-11
1
9-14
(s-a)87(4c
Records
Detroit
1
10-
(quar.U—$1
preferred
Delaware
8-27
1
1
"
Corp.
RR.,
10-
12(4c
iquar.)
Corp.
Michigan
&
Fibre
tirregular)__
'
Publishing Co. (quar.U".-.—
8
9-10
12(4c
of
Alarm
Central & South
616
9-10
$1.06'4
(quar.)
Extra
4
t75c
(quar,)™uuA-.u,---i:---.-~
preferred
Atlantic Refining,
Capital
702
99-
10-
t$l%
(quar.):
Cariboo Gold
Sep
1
10-
75c
iquar.Uiuu,;.—
6%
Participating
Sep
9-26
9-21
$1
8%
Decca
9-18
10-
25c
,;
a.
60c non-cumulative
....—Sep
1'
(quar.)
Corp
Breweries
tCommon
614
701
1
10-
50c
(Indianapolis)—-
Tobacco
Co.,
Mining
Copper
Canada
1st mtge. real estate bonds dated 193CLSep
9-18
9-30
T'f preferred"
Goods,
Petroleum
Dayton
1
50c
1
—j
Tobacco
700
518
1
9-30
preferred
Motors
Darby
9-14
9-30
-
,
Sumatra
Andes
436
612
10-
$1(4
pfd.yy_y^;_4_^
7'/i
American
CanRda
Corp.-Baltimore Parcel Post Station
Leasehold mtge. 5V2'4 bonds due 1949
—
Sep
1
Provincial Lt., Heat & Pow. Co., Ltd., 1st 5s due 1946_Sep
1
Seaboard Air Line Ry. receivers* certificates.
Sep
2
Shenango Vallev Water Co., 1st 4s. series B. due 1961..Sep 26
Sisters
of
St.
Joseph for the Diocese of Toronto in
Upper Canada 1st mtge. 4s, series A, dated 1935
Sep
Southern Natural Gas Co.,
1st mtge. pipe line 3 V*%
bonds, due 1956
—
——
Oct
Springfield Cit-v Water Co. 1st mtge. 4s, ser A due 1956_Oct
9-28
$1(4
Service,
(quar.)
436
Postal Service Bldg.
"
f
common
British-American Tobacco Co.,
346
'
(quar.).w..iy.l
convertible preferred
American
346
News
Newport
North
b Hampton Ry.,
mtge. 5s, due 1944
82
10-15
laccumulated)$1%
6%; preferred
due^
Dry
4
75c
partic. pfd. class A (quar.)
Crowell-Collier
9-15
t62'/ac
preferred
Brack
516
9-11
10-
9- 9
75c
(quar.)
common
preferred
convertible
Continental
9-20
$l'/2
preferred
Bower
1
9-25
50c
75c
Diamond
•
$5
•
•
Beacon
bonds
1
$3
-
(quar.),.^...
Light Co.i $6 preferred:,
431
4
3 (4 %
9-15
preferred (quarjUA-IlA-—•'
Consumers Power, $4>/2 pfd. (quar.i.U---—
$1(4
$5 preferred (quar.).
$1V4
9-20
9-30
$1(4
(quar.)
Co.v'.<reducedU-w_4_ui.Aii.isi- '•
Beech
trust
9- 3
9-25
(quar.)
$1.50 cum.
"
696
collat.
Corp.
10-
37 Vie
Steamship
Paper
&
pfd.
Insur.. -(Houston)
Machine Tool
mtge.
9-10
$l3/4
(quar.UConsolidated Chemical Industries, Inc.—
Page
1
$1
(quar.
General
Hawaiian
Bausch
1st
10-
40c
-
Ry.-(s-a)__i^^_i;__
Lines,
Badger
Co.,
9-
t$14
...
preferred
convertible
$2.50
0/ Rec.
75c
80
Koppers
9-14
(interim)
Mfg
Co.,
convertible
$4.25
9- 9
75c
common
Arms
Credit
Common
9- 2
9-19
10c
preferred...
7%
Commercial Investment Trust
.
9-11
9-19
(irregular)
(quar.).
(quar.).
Fire
of Rec.
$1
25c
Corp.,
Peabody & Co.,
Holder$
$134
Strip
(quar.)..
preferred
4(4 '4
Payable
$7.50
20c
(quar.)__ii__"
^
606
&
Coal
Patent
When
tnare
Co.—!
Chemical
Commercial
Holder>
Date
t
10c
class A
1
Power
When
Payable
30c
common
Kentucky Hotel, Inc., general mtge. 6% gold bonds
Oct
3
Kline Brothers Co. 5'.;
notes due 1944_.—Aug 31
Iowa
due 1958—Sep
343
table in
25c
Automotive
1
v
-
(quar.»_._^i^d_j_i^y_i_"J_,
Bakeries,
American
7%
514
International Paper
due
-
•
Dye
American
Ice & Fuel Co.—
Indiana
&
preferred
Associated
r
10-year 5%
and vendors' lien
mtge.
A. J. Dolbec, provincial auditor.
Weather
Controller
Colt's
;
share
5
of" America; common;::;L-.;
Co.
American
*
514
514
1
.'V'-*-,"1 Extra
;U.'/.U
2
1
Metal
pro¬
Bieier,
assistant provincial treasurer, and
a
Chicago Towel Co., common
$7
preferred
(quar.)
Continental
American
6 %
>
.
Chemical
American
160
%/',
second
are:
(J.
Aluminum
512
426
'
gold bonds, series A, due July 2, 1943—Jan
1st mtge. 5(4%- gold bonds, ser. B, due April 1, 1955_Oct
Hotel
preferred
.
Allied
$02
1st lien & mtge. 4(4%
1st mtge,
Laboratories,
Class
,
a
!(quaf. I
D.j Mfg; Co. lquar.)^_I_lr_.^.4
Supply Mfg.; chUs A (quar.)^!!^;-^''
4^
-1
162
} . *
162
*
342
;
Chamberlin
616
')
H.
J.
Per
Cluett
Properties, class
cumulative'class A
Alabama'& Vicksburg
512
9
Company
Aetna Standard Engineering 5%
,
*
1
1;
bonds, due 1943—Sep
1
Gamewell Co., $6 preferred stock—
;
—Sep 25
Great West Saddlery Co., Ltd., 1st mtge. 6s, due 1948—Sep
1
Gulf States Steel Co., 1st 4'4s, due 1961__a_____Sep 21
Hartford Electric Light Co., 3(4%
debentures, due 1971-Sep
1
Home
1
certified by
are
Mathewson,
treasurer,
U Name of Company
Clorox
P. W.
Aero
341
Frost Co.,
1971.——Sep
follow with
vincial
there is $1,-
♦
:*
Per
' '
Name of
-
4%
1
•
*
1
1
1st mtge.
Works.
•
Abbott
:
1946—.aAa^V—ww.———Sep 11 wV-;,;603
Corp., 1st mtge. 5(4'U bonds due 1943a-UNov
1
z*.
Federal Screw
forests, showing
Arthur
Page
1
.
Company and Issue—
A.
512-
t
1st
'
1
.
f. income bonds due
Cudahv Jacking Co., 1st mtge. 33/4s, series A. due 1955__Sep
Danville Traction & Power Co.. 1st mtge. 5s. due 1951—Sep
;
1
1-511
U. * .■/ •/
Corp.—
s.
1924„—Oct
The dividends announced this week
.|
.6%
—.—
% Collateral trust 6%
from lands and
substantial increase;
J.
Consolidated Laundries Corp.—
"'.t''•
Connecticut Light &
Consolidated
Charities Fund; there is $8,066,528
tSee Volume 155.
we
The statements
Hon.
the
Consolidated
-
690
,
Then
for
Compo Shoe Machinery Corp. com. (reduced)
;
14
Padua
_______—A__Sept
Power Co.. 3(4 % debs, dated 1936_Sep
Consolidated Gas Elec. Light & Power Co. of Baltimore
1st ref. mtge. 3(4%
sinking fund bonds du« 1971—Sep
due Sept. 1, 1943
deducted
declared,
;
Congregation of St. Joseph's Roman Catholic Church of
the Parish of Jefferson, Gretna, La., 5$ serial bonds
;
been
we
Adams
1943-1946-i-Sep
Roman Catholic
Church, New Orleans, La., sen bds. due 1951 & 1952_Sep
Congregation
„•
—._a-_
——
Austin,
Liquor
ord of past dividend payments in
many cases are given
under the company name in our "General
Corporation
and Investment News Department" in the week when
11827
Power Co.
has
are
week.
another $31,-
up
035,621 of debt bringing the grand
loans, etc., to $363,960,364.
show the dividends previously
announced, but
which have not yet been paid.
Further details and rec¬
•>
*
>
t2452
.
Church
which
.
1
Co., 1st mtge; bonds due 1943_Sep
Champion Paper & Fibre. Co.— ' U;'
•'/.
••
///
i..
current
,%.£ *
;.
Ry„
California Theatre Realty
-4%%
„
24
Co., 4(4% debentures due 1950_Oct
Bridge <fc Terminal Co., 1st :
Oregon
1,
dated
deposits, less securities
make
total of net funded and temporary
the
Vh
395
307.
1
1963-L—...Sep
due
1927_a—aawu_-Sep 24
1st mtge.
6s,
trust
hand,
Commis¬
grouped in two separate tables.
In the
bring together all the dividends announced the
we
in
the" trade
of
DIVIDENDS
Dividends
first
and
fund
explanation;
Clinchfield
Page
1964—:—..-Sep
Memphis
due
Print Works.
California
1st mtge. 3%s, due 1965_Sep
debentures dated
5s
Date
ptd. stock series A—-Aug 31
Corp., income debentures
Anaconda Copper Mining
Arkansas
U V
\'V
sinking
for
Clark
preferred stocks called for redemption, including
called under sinking fund provisions.
The date
or last date for making tend¬
ers, and the page number gives the location in which
the details were given in the "Chronicle."
Owners
1st
6%-3%. bonds due
those
'.'V Company and Issue—
the
call
list of corporate bonds, notes,
a
Allentown-Bethlehem Gas Co.,
Ltd.,
'Announcements in this issue.
indicates the redemption
Alliance Investment Corp.,
to
Date
James,
and
Allied
swell
account
Wyoming Valley Public Service Co.—
1st
to
deposits, and $4,815,182 of security
presumably it
000
a
Company and Issue—
Wood,
when
revenue
sion, the net amount after $1,000,-
appear
Redemption Calls and Sinking fund'
a
posits, made up of $25,550,000 of
treasury bills, $670,439 of judicial
classed
is
However, there is
on a
ing the net funded debt $332,924,742.
Temporary loans and de¬
invest¬
fund
dinary expenditure of $19,845,483.
capital expenditure, which would
re¬
sinking
the Hochel-
on
aga Bank advance, and the rural
credits bureau sinking fund, mak¬
there is $5,504,270 from
ex¬
Budget to supervise fiscal opera¬
was
Executive
on
seems
revenue over or¬
statutory September
one
as
was
an
deferred payments
Then, there is $2,731,-
ments, though why this
goes
857,224
by
terest
nine-
a
proposed three-man Bureau of the
yesterday
The public debt stands at $386,601,099, but against this there is
$53,676,356 in the sinking fund,
population,
ended
year
ing late this month instead of the
vealed
of miscellaneous.
proceeds of loans in¬
no
which should go up
following the
census.
There is $1,211,787 of in¬
month period.
appointment
individuals
year
public accounts is¬
sued a year ago
original version with regard
will be re-submitted to city coun¬
This
are
cluded.
Quebec Official Ga¬
understood, Mar. 31, 1941, was for only
than provided
council
of the
there
reported since the change in the
fiscal* year dates from June 30 to
projected by-law will be re¬
the
and
784 from the Federal Government
for subsidy based on
printed to concede a greater voice
project for $250,000,000 refinanc¬
ing of Montreal's municipal debt
months,
Turning to ordinary revenue of
$91,998,813, it will be noticed that
taxation."
v..
Meanwhile,
•
Re¬
funding—The Montreal "Gazette"
urer,
Of the total $69,944,076 is
listed under the heading of "from
zette.
he indicated,
would
be
reached by the executive commit¬
tee next week.
by Hon.
Mathewson, provincial treas¬
when he brought down his
issue
A definite de¬
654,781 from Mines and Maritime
Fisheries; there is $497,682 from
game and fisheries; $120,232 from
colonization; fees brought $931,396; fines of various kinds, $543,551, and the balance is made up
made
and which appears in the current
,
QUEBEC
estimate
expenditure of the
province of Quebec for the fiscal
year which ended March 31, 1942,
Asselin, the quar¬
terly council session scheduled to
open Sept. 1 might be permitted
to terminate and a special sitting
for
the
conversion
plan called
later next month.
the
estimates last session, and the fis¬
cal year had gone only 11
totaling
$91,998,813,
ordinary revenue, is
as
revenue
gathered
was moreover
than
J. A.
shown in the official statement of
action were un¬
from Councillor
Montreal, Que.
Revenue
\
741
plus of $1,988,258 which is higher
Exceed
The Montreal "Ga¬
—
zette" of Aug. 25 reported in part
as follows:
'
cision,
;
Year, Revenues
$90,000,000
administration for "further
feasible, it
\y
i
As-
to a
City Hall fi¬
refunding by-law back
a
If such
local
own
•
over
O.
agree
study and report."
toba, for exchange.. It is sug¬
gested that the debenture holder
should
conduct
the
exchange
banker.
to
council last Week referred
of
to the
requested to forward their de¬
bentures together with all unpaid
interest
coupons,
both matured
and unmatured, to the Imperial
Bank of Canada, Brandon, Mani¬
are
through
failure
mode of control
pursuant to
J.
Chairman
On
& FINANCIAL CHRONICLE
class A
Mfg. Co., common (quar.)______
preferred (quar.)__A_,—
—'
& Erie Mortgage Corp. (quar.).
$2'A
50c
?25c
25c
30c
9-10
9-15
9-5
9-15
9- 5
9-21
9-12
25c
62(4c
40c
9-15
10- 1
9-19
9- 4
9-18
9- 8
15c
$1V2
9-30
9-30
10-1
9-18
9-18-
t$l
9-15
Hyde Park Breweries Association——
Illinois Bell Telephone Co.—
—:—
$1.311/4
10-
9-15
25c
9-
8-18
Todd
87 Vie
9-
8-18
Troy
Twentieth
50c
7% pfd. iquar.l —
Jamaica Water Supply Co., com. (quar.) —
$5 preferred A (quar. I —
-<
Jewel
Co
Tea
(quar.i
Inc.
,
6<■/,.
Co...
&
(Julius)
La
A
class
(quar.)
preferred
$2.50
'*"<
38/4C
9-^0
(Hamilton, Ontario')
$2.25
Mag or
50c
9-2d
9-12
9-12
9-
:
25c
//'//
";l
Winter <te
1
Wisconsin
f
;.9-13
7%
10-
50c
Woolf
9
World
15c
9-15
50c
10-1
9-18
1
(quar.i———--./■
CorpL,,.$5 preferred—-.—
Investors 2nd Fund, Inc.—
9-
9-15
8-31
9-15
9-
77
9-
9-30
9-
9
Mining
Minnesota
50c
9-20
M
$1.311'V4
9-15
9-
8-15
&
9-
1
9-
1
9-
1
9-
I
$1
Co.,
Rubber
Mohawk
Brass
Mutual
preferred
8Ye
iquar.l
common
preferred (quar.)——
National Cylinder Gas Co
National Dairy Products Corp.
7%
Steel
Car
National
Steel
Corp:
Natomas
Naval
(quar.i—
3
1
10-15
15C
9-10
9-
' 25c
9-3B
9-18
10-15
9-30
10-15
9-30
1
9-10
1
,
3c
*
150e
—
10-
North
Star Oil,
Oahu
Title
Confection
Ohio
Finance, common
fjrf,
prior
6%
preferred
$1.75
10-
Omnibus
Oshkosh
50c
9-12
10-
9-
preferred
$2.80
preferred
Oil
7%
preferred
Bank
Public
Nat.
Public
Service
preferred
$6
preferred
Service
Publication
7Ye
preferred
1st
Russell
Ltd..
7VI
St.
preferred
9-15
9-
9-19
(stk. div.)_
9-1
8-20
9-21
voting
Ltd.,
1
10-
I
&
1
9-10
1
8-25'
4%•%
1
8-31
American
B
Co,
$1 Vi»
Co.; cl.
preferred
1 quar.)
8-22
■
8-10
4
;
1 ;
8-15
?;■
9- .1
9-
9-
8-15
1
1
8-20
'
8-20
,9-15
$1A
'/
'
9-
$IA
■
1
9-
40c
X
/ 9-
9- 1
8-25
8-25
'
8-20
1
8-20
9-
1
9-
1
8-14
9-
I
8-14
8-14
'
:
9-30
9-30
$i»/»
9-21
9-30
9-21
Z
"
9-25
*
9-1*
9-1
75c
/ 50c
10-
1
10-
$1 'A:
1
9-
;
•
30c
1
;
9-15
8-15
9-10
'
25c
(interim)—
8-22
8-24
9-10
40c
;*
9-1
50c
:
':**•' 9-1
50c
(quar.)—________
9-1
125c ;/ 10-
(regis.) iquar.)
8-25
Z
8-14'"
9-10*
1
Inc.
Co.,
190)!__
No.
(coupon
& Wire cl.
Brown Fence
Common
*
lOd
9-30
8-31
8-31
$1%
iquar.
A
(quar.)
8- 7
$1V* ,:'/9- 1
:/
$1
Silk
(irregular)//:///--/—/
Mfg.
Mills,
Ltd.
(Interim)
Company (quar.i
'Brunswick-BaJke-Collender Co,
;/'v $5 preferred
8-25
5
8-25
5c V-/ 9-1
8-18
8-29
1
8-20
50c
—-
9-
9-15
256
common—-
■•*: $iy4
(quar.)
31
Co.-^-:—•/_/—///:—— // f/
.
8-21
5
9-
1
110c •'/■ 9-15
——
Shoe
9-
10c
(irregular)/-—//:
.(resumed) y'/—
Brown-McLaren
10-
Pipe Line
8-
1
9-
I
9-15
,
8-
I
7-11
1
9-21
"1
$IY*
'
50c
$1:14
$1%
1
Indemnity
American
1
9-19)
8-21
.
/.
9-15;
9-25
*
9-
;
9-15
10-
I
4,
9-25
9T
1
11-30
11-
2
9-10
9-
1
20%
10-14
8-
3
'
720c
43 *4
c
9-30
9-15
•
(reduced)
Co,
—
;
9-15
Amer. Raidiator & Standard
8-19
9-
1
8-19
American
Smelting
Sanitary Corp.—
;
&
American
Stamping
9-
1
8-21
American
Steel
9-21
9-11
American
Stores ————/;
$ 1 Vi
9-21
9-11
American
8-20
American
?
37 Vac
1
9-30
9-
9-30
9-15
9
Class
B
Anaconda
Co-.,
common
,—
,
621ic
10-
I
9-15
Inc.
Anheuser-Bush,
——
9-15
8-31
9-15
9-
5
Archer-Daniels-Midland
9-15
9-
5
Arden
12 Vic
9-15
9-
4
Armstrong Cork Co.
;
4%.
$1.13
10-
1
9-15*
J$1
10-
1
9-15
pfd, iquar.)
9-30
9-21
(quar.)_—
(quar.)———_~
,
75c
37 yaC
9-15
37 Vic
9-15
9-
4-
9-
4
Farms
7'fa
Corp.,
Metal
Asbestos
Extra
Works
(quar;):—,:
-/_/■
preferred..'.(quar.)
.
Canadian
Bakeries, 5'A
partic. pfd. (quar.)
Breweries, Ltd.; $3 pld. (quar.)__
Canadian
Cottons
6%
common
preferred (quar.):::—;
Foreign Investment 8% pfd. (quar.)
Canadian Industries, Ltd, class A (quar.i//:
/1 7Yr .preferred
Canadian
*
.Canadian
1
:
&
(quar.)-/*.--—
International
Ltd/ 5'^
preferred
Canfield
6%
7
Oil
—
&
9-19
8-31
Canadian
Capital
(quar..)
Ltd.—
—
9-
1
8-10
Class
9-21
9-
9-1
8-15
Central
.9-10
8-28
77«
8-31
8-15
lOe
—
50c
1
9-
1
1
8-20
conv.
B
Caterpillar
Arkansas
8-31
9-15
8-31
9-
1
10-
1
9-15
10-
1
9-
5
tll'/a
10-
1
9-
5
t$2
10-
1
9-15
185c
;
:
:1$1A
10-31
8-18
:
9-30
10-
1
150c
9-
1
8-15
9-1
8-14
1
9-15
9-12
1$1 A
150c
10-
SlVa
9-10 '■
9-
9-30
9-19
1
8-15
9-
1
10-15
9-30
1$2
10-
1
9-19
138c
9-
1
8-12
(quar,)———L.
$2
10-
1
$3
10-
1
9-12
10-31
9-30
50c
—
(quar,)—_——
Tractor
8-15
8-31
9-15
isi1/*:-
9- 1
9-15
,
,
1$1A
(irregular)
Company, common
preferred
110c
/.•:■ l$l
isoc
8-31
8-15
1
8-15
9-24
Service'—
PubPc
_/
(quar.)
$l3A
9-
Central Coal & Coke—
8-21
9-
•
v
t75c
Wire Cloth & Mfg. Co.,
I.)
9-15
.; 10-
l$t%.
preferred
Case
(J.
9-10
1
(quar.I-—/-/—--/———
9-15
$1.50
8-15
1
9-1
50c
8%
9-
9-22
—j
Oil Cos.,
1
/: 9-15
9-15
(quar.)—_
8-10
5*
y
$1A
Company, $2 class A
7%, preferred
-.
(accum.)
preferred (quar.)
Carman
9-
9-15
9-30
Heat
(quar.)—
(irregular)—--:/-,.
common
9-15
9-30
Trust,
Light,
Gas,
Co., Ltd., 6'/.pfd.
Co.
'
•
$13A
Investment
(accumulated!
Natural
Western
Power
/ 8-31
111
iquar.)
Canadian
•
9-15
9-21
v
1$!%
Cajiadian
75c
/
i
Liquidating
3
9-15
9-
15c
9- 1
8-15
9- 1
8-15,
9-15
Central Illinois Public Service Co.,6%
9-
1
9-15
9-
1
9-15
9-5
9-
1
8-14
10-
I
9-19
9-15
8-20
9-15.
8-20,
9tf
8-15
1
(quar.)——^,T/„___$1%
9-15
40c
——
8-
$2
$10
preferred ctfs. of beneficial interest
4Y<>
■\
9- 1
common
preferred
•
.
'
(quar.)
common—
preferred
Ltd.
(interim)
1
Co.
(interim)-!
B
fl5c
preferred
convertible
Artloom
Art
$3
Vinegars,
:* Class
9-
50c
I
1
1
/ 10-
1$2
preference (quar.
Carolina Tel. Sc Tel. (quar,)
:_J—;——_
r
9-
15c
'
(quar.)
9-
(quar.)--,
(irregular)
10c
25c
(accum.l-—
Canada
Mortgage
1
v
;
137 Ac
(quar.)
2
.
9-12
5
9-10
Ltd.--
10-
75c
9-
t$iy»
(quar.)—-:--,
•Canada Wire & Cable Co., Ltd., cl. A (quar.)
(
8-25
10-15
9-15
'/V 9-21
120c
lee.
10-
—
$ivi
Applied Arts Corp.
-
—
(quar.)
Sugar Co.,
25c
$1%
$2.25
Z——
Cooper, Mining
Permanent
9-30
*
8-
///$1
(quar.i-:
9-10
—-
common
preference
Dry Ginger Ale,
Canada
•/;■ 9xk%
8-
/
,75c
/
■:
Sugar Refining T/o pfd. (quar.)__
American- Tel.- & Tel; Co. iquar.)/——
Tobacco
Dominion
&
9-15
1
50c
-
Anglo-Canadian Telephone class A
—
8-14*;
8-15
8-31
.
12l/ac
Foundries——
-
/
.Canadian Wirebound Boxes class A
50c
Refining, common
9-1
25c
(s-a)
»;Cajvada Foundries & Forging class A
8- 5
preferred (quar.)-_-_^___v„—$l3/4 *./■ 9- 1
Rolling Mill Co.
(reduced)20c , .9-15
8-15
7-31"
50c
Reduced quarterly
9-18
V
-
Co,
sinking fund 1st
Canada
1
American
8-31
5',l
—
$1
10c
9-
Iron
"Canada
s
■
1
9-
;. 8-14
•
$1
87yac
•
III.—;/,,-■s"';'/;//;;/•/■//• '//*•■.•"Z,;,
of
9-
9-15
//
-_/:_/:X_:/_:/„__^/"//.- 15c
(reduced)
—:—
4
8-15
■
1
$13'4
/
5
8-25
5
mv*
>/ joty'/d pfd. 1 accuin.)
/,./
.'"110c
/Canada Crushed Stone .(interim)//:_:—:/—/.•■
.-Canada Cycle & Motor, common (quar.)—:/
/ +30c
8-14
1 /
9-30 '
/. 9-. 1
/ $ l V/
,<
$2. preferred
(quar.)..—
5'" convertible preferred
9-30
Varnish Co.^-
8-18;
9-
2
9-30
■
)
9-
9-
37 Ac
Copper—
Canada Cement Co.; Ltd.—
(
Investment
Common
77*
$2Vi
""8-29'
9-
15c
-
Consolidated
10-10
8-
/9- 1
35c
*.
-
reduced)-:
Hecla
1
25c
683/4C
'
5'/
Co.
9-
9-
8-12
r
Cambria
8-29
-
9-21
siVi
—
:—_
;
"Calumet" &
11-25
/
Ink
1
3
70c
—-
preferred (quar.i——
Water Co., 7'in preferred* (quar.)—/
Butler
-8-25
,
Brothers
California
■
8-20
/9- 1
/ 9-15
5^ ^,.10- 1
v 9-15'
(quar.)//::_62M»c • ; 10- 1
8-20
American Laundry Machinery (quar.>jfL/r/"/>/.- 20c - r 9- I
8-20
Extra
/______^/^_/_:/i///__i,,.^:^:i:«30c
9-1
9-10
American-Machine & Foundry Co.»___._i.:_w'//,f, 20e r/;; 9-26 r
8-20
American Metal Co., Ltd., common_^L—/v,
25c C 9-1
8-20
6-%* preferred (quar.)/_^„i.____>*_:__.':-L._//- $-1%
9^1-'
9American News.: Co.-/_^^_*._^«^/^_-,-..,«:.-/^,30c
9-15 ;
9- 4
American Paper Goods, 7%
pref. (quar.>_^ // $1% / / 9-15 ,
77e
12- 4
preferred
<quar.)_/___,
;.,$!%
12-15
9-15
';
/. 9-12;'
9- 3
(Newark)V
25c
::;10- 1
•________-t._„//_/—/ //:-,/ 5c / 10- 1 > Z 9- 3
Extra
(quar.)
9-
8-25
9-30
$1'A
;
(quar.)——
common
preferred
conv.
Butler
"9-12
■
1
$2.75
Burroughs Adding Machine Co
1:.
1
-
Insurance
Co
/•
.,
9-12
-
1
12-
—,
Inc.; $2.80
9-
50c
Concen~
&
(quar.):—
preferred (quar.)—j.
/Burlington Mills Corp.
■
American
9-21
9-23
50c
1
;>
1
Mining
(quar.).
9-15
8-3i-
9-15
10-
$!»/*
1
Sullivan
&
;
'
trating
Burdine's,
,
.//;■/.■/■V'j.r/>///,,;•;
,
American'
4/,
8-31
: 9-15
$lVi
.v.
.'
Hill
(quar.):
/Bunte Bros,, 5''k- preferred
4
/ ,9-
.
if
9-
62Vic £ >9975c
'■/■;■■
&%
'
v.
9-
,
'H 9—/"l./,*'/ 8-14
(quar.)'58c
:
Leather—
&
Bunker
(Calif.)
.■
.
tf-'
:/:/-/::—/:-/--/:///::/'
Company
45c
50c
Forge Co,-/:—,-://:—
Bullock's Inc.
9-
,
pfd.
$2
Corp.
preferred, (quar.)
preferred (quar.)_^._
$3-
7-11
10-
10-
Buffalo
•'/Ballard
8-17
V
•
»
General
convertible preferred (quar,75c
American Home Products /monthlyw //20c
$1
(s-ai——:
Ltd.^/Z/
'
9-17*
ii
9-15
common (quar.)/__- ./r :
/
40e
(quar.)_^_.v-:~:-:-//-:--^/v;$1.1834,/ */ia-: I-:.-,
preferred
$2.50
9
9-15
75c
9.
:
87 Ac
V '
Brooklyn Telegraph & Messenger Co.
9-10*
> 9-
9-15
American. Gas & Electric
American Hide
t$ 1%
class A
9-20
optional cash-
or
(quar.)
(interim)
Edison
Brooklyn
1
9-
■
>9-15
-///-: /•;;/ t35c
—■r;
9-10-
$1%.
preferred (quar.).
Hoist Corp...
—
Salesbook,
1
lquar.V___
Inc.
Co.
regis,
Ord.
/
lr-t r 9-10*
/ 9-30
-
f.
9-
37 Vic
(finali ——.; ;•'*
—
9-20
10-
(quar.)___
Brass.
British-American Tobacco Co..
8-20
9-15
A
8-27-
37 Vic
6preferred
pfd.
British American Oil Co., Ltd.
3
10-
,
i
9-15
,."10-
„
/y.; S1. /:
:/.v $1V* :/
1__.
lquar.)__
9-30
I
—
Sterchi Brothers Stores, Inc.,
Class
.,
9-15
10-
Royalty Oil
Sunset-McKee
•:
,
pfd...—
9-12
SIVi
__
common < resumed I
convertible preferred (quar.)——„
Spencer Trask Fund, Inc.—
Springfield Fire & Marine Insurance Co.—;
Fuel,
tquar.)____
$5.50 prior
f$l
6r4
Quarterly
pfd.
iquar.) __/.
$7>' preferred
10-
Sparks Withington Co.,
Standard
.; r
10-
—
preferred iquar.l
Snyder Tool & Engineering <quar.)_
South Penn Oil (quar.)Southern & Atlantic Telegraph Co.—•.
Southland
1
$iy»
■;
(quar.
6'i
Burial Casket
Bristol-Myers
1
9-15
v
-
Cable,
——■———_
common
10-
:/ si A.
Brewing-Dorp, of America-:—:/-/:—/—
Buckeye
lquar.);...L-:/// 15c / /1018lQuar.)__rL^/i^^/:«^^:///^4/y/,;/^: 15c
B
10-
(quar.)—
(quar.i
9-
(interim)
Company
;Boycrtown
9-15
•
,75c... 10- 1
$1% - 10-. 1$1% v, 9- -1 /
'
/
Cigarette &. Cigar com./(reduced)'
conv.
f5c
(quar.)—
(quar.)
9-
,
-
9-10
70c
Chicle
18.047%
_———
& Iron, com.
1
"'
9-10
;
10-15
i,-12,Vic V
American Envelope Co., 7%
pref. A (quar.) • /
; ..*
i- 7% preferred A (quar.)
// $1% :
American & Foreign Power, $6;
•/, t30c /r
/•'/ 5'/
9-16
$1V4
——
Crane &
10-
37 Ac
9-16
common.^,/:..-'58c;/ I 9-15
(quar.)/«r:_^_^_r.V.-^/-:/-.::,:v1:,.:» $IV4 •: 4 9-15 4;
preferred
'«;V Class
■
,
77'
Guaranteed
6Ye
9-15
9-28
10-
50c
—
common
&
Boston Elevated Ry.
Louts)—y
25c
common/../:/:10c
Go.
7'/
&
American Cyanamid-
9-10
/.
(quar.i—
Paint
(St.
25c 1
regis.
ord.
Sloss-Sheffield Steel
Smith-Alsop
Co.,
preferred
American
8-20
25c
preferred (s-a!
Security Engineering, 7'/
preferred
Note
Chain
American
9-10
5%
$6
5%
5-
L
preferred—
(quar.i—
(increased)
Shepard-Niles
American-Can
9-15
Joseph South Bend & Southern RR:—
Common
Co.
preferred (quar.)
6'>
:
9-ia
1
10-
$2
1
__::::—_///,/
(quar.i—-
Industries,
10-1
Bank
American
4
9-
y4:
Packing Co^—i..—
Rolls-Royce.
9-15
9-
10-
-
preferred
Ins.
Quarterly
8-20
t50c
(quar.)—
Quaker Oats Co., common
&%
1
9-5
37Vic
(quar.)————
(quar.I
Original preferred
Bath
Arch
Automobile
8-26
10c
(quar.i
non-voting
Common
American
American
9-15
40e
(irregular)_//_/..•
common
Tobacco
of- common stock,
Borden
Brown
9-10-
.
-
'(quae.)———
(Oklahoma)> $%. pfd. (quar.i
Corp.,
;
Bruck
10- 1
,
v
1
Public
1
;// 25c,
common-.
Aluminum
12-15
4
9-
10-1
.
433/*c
.
:
$5
share
Bohn
12-15
$1 vi
Hampshire—
New
1
9-
r
Brager-Eisenberg,
10-
8-22
/:■
9-
-
$1-
-
9-10
1
/'
// 9- 1
8-20
$I3A
^/__
,BluC Ridge Corp., $3 conv. pfd. (quar.) l/32r
:
12-31
American
■
(quar.i————
& Trust (N. Y,l
(quar.i
of
9-
50c
pfd.
Laughlin
1
/
'
pfd.'/quar.)Z:/^/://.
5Yd.
9-
1
8-10
$ll/a
Co/(quar.)_____/
convertible preferred
12-31
20c
6-A
$13A
'
8-17
1
9-
:
.
$1'A
lauar.)
;-Bloch Brothers
9-15
9-30
(quar.)__^__
(guar.)
American Airlines, $4.25 pfd.
American Capital Corp,
Co.—
Edison,
&
5 '.'a
9-10
9-30
\j,Vl 50c
(quar.)_„
common
k$13/*
(,//'•,. ,50c:
-//--^a ■■n/Y
(quar.)$1.06^4
Co. >(irregular)w_^^_r__L__/ /,-. 50e /
preferred
9-10
Potash Co. of America—
Potomac
Bliss
preferred
9-10
Pittsburgh
Plymouth
7%
7%
v
9-30.
1:.
10-10
3c
Pittsburgh Brewing Co., $3.50
Metallurgical
9-19 %
Common,, (quar.)'
8-31
9-18.
1
—
lquar.l_
C.)
.10c
$1
/Bliss (E. W.) Co. commonjs-a)/::/.:./,! '*:■"
/ 62Ac
vv 5'/o convertible preferred '(s-aI
"if 75c
fp 6'/ convertible preferred (s-ai__
.
,
10-
<quar.)_
iBklyn. I
(D«L)v'iquar.)/^/*;5;
9-
,
9-17
10- 1
> 5% preferred (quarj.;,:-://w:LL///////:///.yV $iV4
'f.i'T
9- 1
9-25
Alpha Portland Cement_'r
1_.
/
I_ „ . 25c
Aluminium, Ltd,,, coipmon
(quar.i,4i$2i / 9^ .5 / 8-15
8- 8
6% preferred (quar,) payable in U*. S. fundi/. / $51 ViZ ;/.9-.i
Aluminum
Industries
(quaiM
/, 156..'
9-15 / 8-31
8-31
9-15
+50e
iquar.l—
(B.
f
,
8-25
'
40c
(irregular)
(quar.i—
Gold Mines
Inc.
Son,
8-1/
;
■:! 9-13
15c
:
j'.vr* $1
$PA
9-15
Stores 'Corp,,
SI1/*
:::
Appliance. Co.: (quar;
Pennsylvania Edison Co., $5 pfd) iquar.l-—
Peoples National Bank
1
3
9-15
$1
(quar.)
Aggregates.-—
Co.
9-
\
9-11
1
9-25
,
;
+8Y4C
'— l."i15c
—
Parker
Pioneer
9-30
1
•.*42 Ac // 9-1.
8-15
(quar.)'^Y:L^-///_/:/::/^//„////%- 433/-*c\ 10- 1
common://://://-/.^////^:// 15c E .'"10-20
A
9-
"
"
(quar.i
Railway
Indemnity
9-5
10-
;
Pacific
Allied
-10-15
$lVa
(quar.).,—
Corp., 8%
B'Gosh, common
Pacific Coast
•i/Y'Class
9-21
•''/ 9-15
it
(quar.)———_'
preferred (quar.)
Electric
9-15
'
(Calif.)
com.
1
.10-
Special'/;/•) 25c
1
t75c
(quar.)_j-_iu.--'_,^_-iL-:-«u:.
convertible
$1A
Ottawa
/.'/■
8
25c
stamps".
or
preferred' (quar.)
Preferred
:22-20 ? 12-19
v
1
8-15
,
9-30
187 Vic
preferred
prior
i-:z $iyi
a
9-10
9-
(irregular):_
1
1
8-15
Aluminum Manufacturers,
(quar.)
Ohio Seamless Tube Co.,
9-
25c
Co., $2.50 class A common-;
preference
9-"
9-15
preferred (quar.)
■
,vi $134 ' i 9- 1
18- 1
Allied "Laboratories* ';Inc.i:/^/:-_/:.-/://-:L:I5c /
10- 1
Allied
Products, common ' (quar.) _/_„/_/_/_ ■
25c
/■
;
.
...
Ohio
1
■
25c
pfd. (quar.)——
pfd.. (accum..l——
Guarantee
8-15
8-31
9-
9-21
9-10
10-
'75c
(quar.)—
-——*
_
(quar.)1:/:
1
Birmingham Water Works 6Ye. pfd. (quar.)-/ /,
/Black-Clawson Co., common (quar,)_______-f/
8-14
9rl2
7%'
Western. Ry.—
&
Ltd.,7%
&
Albers Super Markets^ InC; pref.
8-17
10-
37'/a c
/.Birmingham Gas Co. $3.50 prior pfd. (quar.)/
8-15
10- 1
■fEhreferred • (quar.Ki^---—:—$IV4:* *•
/: 9-30
Allegheny Ludlum Steel com, * (reduced):://-
■
9-10
9-25
20c
6Ye
Sugar Co.,: Ltd
Oakland
i
1
10-
+44c
——
____/„t—
—
Telephone Co.,
t:
~
;—
Omnibus Corp
York Lackawanna
Qua rterly
9-
(quar.)
of .Rec:
;
Electric Appliance Corp.— / •- 7* \
"
*'
New common ($3 pari
(initial)—
> ,
, 10c
y-: 9%'1// 8-20
Alabama Water Service $6 pfd. 4quar,)^..L%Zvi $LVi.-di*'*-9r-" 1 ■ v/-;8-20
9-15
10-
'
•'■
J. Payable*
'
8-25
50c
——
prior lien
New
share
8-lt
1
•
$6
Newark
' 7
8-31,
1
.•_:^__:_/_,._:;„/.u._:_-:__;__:/X/://._,'.'! ■■ w- $1
Bigelow-Sanford Carpet common__/_/_//_„: * ".'/■; 50c
A
8-12
9-
r,Extra
Bird
8-31
9
9-
9-
'
when' -Holders
7
8-
9-15
\
9-15
Corp., common
Bibb Manufacturing
8-15
8-14
$1
Spinning Assoc., 7% pfd. (quar.)
Steel
1
9
9- 1
15c
preferred ■ - (quar,) _;^/////////_.//:////L /
7 Yo
9-
9-
/
37 Ac
,
(quar,
/ ".' $5 preferred (quar.) ■/___////1//l_/____///'
Air-Way
$6 prior preferred—/
Ltd. (quar.) — ■'W< td0c
preferred
Per^*
.:«/
25c" ^
Acme Steel. Co.
(reduced guar.15*.f ;<
Aeronautical Products, Inc. (stock div.>/u:2*:55ft/;
Aetna Ball Bearing Mfg.
(reduced)v'; *i25e
Agnew-Surpass Shoe Stores, common (s-aJ40c
Extra •*.
: v;; f20c
Abbott's Dairies
9-20
25C
$7
•
New York City
Beneficial
8-31
+3C
fquar.)_:
Corp.__
Loan Society
Bethlehem
9-15
37'Ac
(reduced)_:
common
preferred
Corp.
9-16
8-15
10c
Inc.,
Radio
I
9-
30c
t25c
Ties
Mills,
Belmont
.
•
..
3
(quar.)
Bendix Aviation
the^: Joeingt/gm
,
3
*
(quar.)
Inc—:___/a^—//_u-w/-_^__'_;:;
(quar.)/M;_„/j.^___
9-16
include divi¬
9-20
■
Co.
1
9-15
t$lVi
Investment
Stores
10-
99-
Mines/ Ltd,
convertible
9-15
8-15
;
9-30
112 Vac
Pap. Co., Ltd. ci. A
Belknap Hardware & Mfg.f Co.
*9-16
/
1
9-10
9-30
1$2
Packing Co. (quar.)/:/:^_/_/_/:..'
Belden Manufacturing Co.»(irregular
8-21
.
9-
1
6'Ac
Beech-Nut
give the dividends announced in previous
we
Name of Company
— —
England Public Service Co.—
prior lien preferred———
New
$1-V:
1
20c
(quar.)
..
1
1
Corp.,
Company
10-
10-
j.
National Refining Co.,
25c
.
10-
:
(quar.i
National Grocers, Ltd., $1.50 pfd.
(quar.i— K-':- t37c
ANational
1
10- 1
%%■ preferred
(quar.)„„^_/_^>__^^«,«L-/:,f!:;.
Agricultural
Insurance
-Co.
1 Watertown,
,'/• /*" - ,i ;.'*;.*i'/>:
N.
Y.l
(quar.)
;
) ^: %.75c f 10- 1
—
National Oil Products—
1
10-
i
15c
&
Brummel
$1.50
6Ya
—————
Ltd.,
Vi;-
/-//,■ ;,v I1
'quar.i—
*'•!)/
9-2t
50c
(quar. i
Breweries,
national
Beaunit
8-21
:
10-
+83 '
t$2y2
(interim!
Payable in War Savings bonds
4c
25c
•
.,
9-21
(quar.)—
Inc., common
System,
/:
:
1
/'
/;
(quar.Ui-
I
m%
(initial)—
(irregular)_£///::/•
(reduced)
Co.
Beau
8-31
/1i,
.
:
interest)
10-
t30c
common
Auto Equipment
MueRer
Trust—
10-
SIVi
(quar.)„—_——Z—
Monroe
preferred
9-10
7-31
Oil.
Pwr.
Gold
8-31
9- 8
$H'4 :
Mississippi River Power, 6Y pfd. (quar.) —
Modern Containers. Ltd., common (quar,) —
preferred
Beattie
*9-15
*
Canada
Bayuk Cigars,
','*9-15
••
+$iya
1
1
(quar.)_;///_
Seelig Mfg., Class A
8-21
1"
t$i3'«/i Vi 9-18
(quar.)---:/':*/.
t:;: 9- 1 '/
Y:y<yY.;.
..
5A%
9-
$l'/a .:
Mississippi Power, $6 preferred (quar.i—
$7 preferred
i quar. I
___—//■-:■■■ n:
&
9-15
,9-30
,
8-25
9-
9-10
30c
Barlow
Bathurst
8-15'
7'Ac
■'9-19
Barnsdall
f
9-
(quar.(____
com.
9-28 \
$ I V'a
,
:__/.!
(quar.i
Investing
Barber-Ellis
9-10
8:15
8-21
9-
10-
6%preferred (quar.)
9-15,
8-20
•
8-31
10-
)■"'
9-19
1
1
9-1
$1%/
(quar.)
1f
,10-
8-15,
1$2
Banque Canadienne Nationale
of
8-25
1
$l'/2
9-1
'8-31
preceding table.
8-20
$1%
10-.
5
9-
9-15 >::
announced this week-,
dends
8-26:
"
7%
preferred
8-11
$1%
(quar.)—_ :.i
Manufacturing——
.
preferred——
7%
4
t$2Vi
Light. 7 Ye pfd. A
Milwaukee Gas
Toronto
;
weeks: and not yet paid.- The list does not
9-18
preferred
6%'/f ptd. (quar.)
Mfg. Co., 5'k
Merrimack
9-30
h'
—
Meyer (H, H.) Packing Co.,
Middlesex
Water
(quar.i
Co.,
Investment
Below
8-25
20c
quarterly ;
Reduced
9-1
25c
of
Bankers National
,
8-14
8-31
9V
15c
(quar.)
(quar.i^-
Scotia
Berkshire Fine
9
25c
Bank
1
;
1
9-30
.v
(Colo.)—
Insurance
Fire
Merchants
;
v
.
_
-
>
preferred-^:-/:
Yellow Truck .& Coach, Mfg....Co.,.commoo^L
3
9-21
10c
25c
9-
...9-19
/'•'■',35c :
9-18
10-
t$l'/4
,/
preferred (quar.i-
Steel
(certificates of benef.
8-31
$1%
Nova
:;9-15
t$l3/4
Brothers,
.
5y<Ve
Michigan Power, 4pfdk (quar.)
(Alan)
9-
1
of
T'/0| pfd.
8-14
9-10
$1:
(quar.)__.i
preferred
8-21
:
9-
;
$1.05
,1
/quar,•)'/'/_/'■
Hydro-Electric
Bank
■ma
9-10
41 'Ac
.,
(s-a)-/,
Bangor
9-21
V
75c
t
pfd.
of. Montreal
9-15
9- *1
He
Baltilnore Radio Show, Inc.; 6%
6Yd
'
'75c
,
(quar.)__/___/_
v
common
Bank
1
8-20
9-12
25c
$1.65 convertible preferred
8
1
9-15
25c
Corporation
8-13
9-15
•
Ku
(quar.)
preferred
8-31
9-15
Gold Mines, Ltd. (ihtevim)//_:_._/_L
Gear Works—
'
7% .pfd..
9-
9-
15c
•
Locomotive Works*
;
7-3 Id
$4»/a
(s-a
Tack
~:9- 5
10-
v'25c/
2
J Wisconsin Power & Light, 6,'<
9-15
1
Ry;
Building,
Id: 25c
preferred
Line
Balfour
1
50c
—
U
Hirsch, Inc., .7%
Air
common
Atlas
9-1
8-14
1
(quar.i__j.___.__
9-15
■
9-1,
9-
I_II
Co._____j;//_;______i-_1_^__^//.
preferred
'
10-
t$l'/4
(irregular)
Co.
Snowdrift
C©.l
Wood
preferred (quar.;
Maui Agricultural Co.—--------- '
McCrory Stores Corp. (quar.)
<— —
McKesson & Robbins, Inc., common
.
D.i
&
Motor
10-
-
8-14
Co.:__^^
Automotive
8
1
$iy2
Baldwin
9-
9-
Co.—
Powder
5
■
50c
-
Wilson Line, Inc
•
5
10-
7
$174:
Asphalt Corp. (quar.)—:—
Mathieson Alkali Works, common—
i
White
9-11
9-30
75c
'
•
(interim)—
Mastic
7't
Oil
17 Vic
preierred laccum.i:
—
& Co.:.(quar.)._:_—
Co. iquar.i
Car Corporation, common (.irregular)
Massachusetts
(S.
Wesson
'
(I.)
/Mangel Stores
Warren
1
9-10
i
--
preferred
7'/;
9-21
8
9-
9-14
5c'i
Charlotte
Refining
9-12
$1 r/a
(increased)
i,9- 1
1
:
System
9-
9-22
35c
Ry.
Aunor
1
9-
Fe
Atlas
1
■
25c
62 Vic
."'""v.
9-
.9-
15c
1
"Waldorf
10-
t
Vince Corporation
10-
1
Santa
&
Corporation,
6Y0
/
9-15
•;
9-20
60c
Wagner Electric Corp, (quar )_»
;—
9-
,9-15
:
$iya"
•
9-15
.
9-4
9-15
•, i*. 50c
9-15
-
1
9-10
$1%
preferred
1
Atlas
9-15
...t?5c
:
V :
preferred (quar.*)-Viking Pump Co.,
1
Atlantic
9-15
9-12"
9-30
t$23A
Topeka
^Common
.
9-15
■
10-1
,50v
/ $2 Vn.
T.'t.
". /
Atchison,
of Rec.
9-30
$iy.r
prefrred
2nd
Holders
Payable
50c
(quar.)I
■'
(s-a^—
preferred
10-
9-15
L
$2va"
10-
(increased) —
common
.
•*:,
is-a)
i'6:" t$x
(R. H.)
Magnin
5Y>-
9-25
;
.10-
50c
*
-
•
1
8-19
9r25 >
,
30c
10c
.
75c-
ii75c ;
!f
Equipment, $1 convertible preferred:;
Victor-Monaghan Co., com. (increased quar.i
9-25
17 Vic
convertible
7V
9-30
%
;
Works
T/a
...
.
Dry Goods, 6% "1st pfd.
When
-
Snare
«
Co.,; com. iquar.)/j!.:'
iquar.).:«/_/_/^'.
Investment
Atlanta Sc
v
Victor
1
10-1
'.ti 9-30
9-
Ry.-4-%i,
Common
9-11
Sl'/a;
"
Macy
9-
;
'
,
Vicksburg Shreveport & Pacific
5-15
1
9-14
30c
(quar.) —
Steel Corp.—
MacKinnon
10-
70c
(quar.)_
;
(quar.
(quar.
,9-10
.
*i*me.of Company
•
.
{ 5Ys. preferred
8-23
.
—r___
8-26
9-10
25c
> 50c
37, Vie
(quar.)_
Inc
Root,
.
Associates
9-15
/
.9-15
Co
Iron
Dorn
1
50c
'
9-19
9-30
20c
(quar.)—
preferred
V/r
Van
(quar.i—_,
Co.,
(P.)
1
10-
Truck Lines,
Veeder
Chemical, 7"/f pfd. iquar.l-
Cement
Star
Lorillard
9-
,
$2.40
Works
Lindsay Light &
'•Lone
S.
9-15
$iVsh
/
(quar.)
—
Co.
: 1.
9-15/
r
10-1
Per
of Rec*
io-1
.
15c
Graphite
Printing & Lithograph. $3 preferred-. /; V*' t$i:
15c
Inc. (Del,) (irregular)-li! ', ,' '
S.
U.
25c
(quar.)—————
Locomotive
U.
1
i.-y
Refineries
Leonard
Lima
1
9-
Co.
Clutch
Sugar
S.
9-
9-15
;
com.
Lehigh & Wilkes-Barre Corp.
Lenn & Fink Products Corp
•
U.
5
9-15
common——::—
Company,
&
9-,
75c
Quarterly
Leawh
''■Union
—
Loan
Landed Banking &
"
9-15
$iy2
preferred (quar.C-yi-
Finance,
Industrial
Salle
10c
9-3 J
9-21
Payable;
share7,
,
Carbide & Carbon Corp.;
Union
$1.V«
preferred
Century-Fox Film Corp;;—
Disc
9-15
r.
/
,
Associated
convertible preferred
$1.50
9-30
40c
•
Corp
Sunshade
Twin
-
-—
Keystone Public Service, $2.80 pfd.
Kleinert (I. B.) Rubber——--
v';
9-17
Shipyards
50c
—
.Keliey Island Lime & Transportation—
(Reduced quaiM.'d.r-u-vr,--—-^—
Kern County Land Co.:
Koppers Company, b'r
9-15*
10-
/--
,
Mfg. & Supply, common
preferred tquar.i..—
Kayser
9-12
10-
$1%
International Silver Co.,
Joslyn
10-
——--
;
Oil—
Associated
convertible
$4'/a
"50c
(irregular!— r—i,
Steamship Co.
Tke Water
9-19
(quar.) ——
preferred
1%
International Salt Co.—
9-18
10-
75c
of Company
t20c
(G.), Ltd., common (quar.)
5Ye .preferred (quar.i
—'.j] i 62 Vic
Monday, August 31, 1942
Holders
When.
Tamblyn
9-17
2
9-30
$134
.Imperial Paper & Color Corp
'Indianapolis Pwr. & Lt., 5»A% pfd. (quar.):
.' industrial Credit Corp. of Lynn, com. (quar.)
Interlake
10-
50c
Name
of Rec.
Payable
share
Per
♦.
Holders
When
Per
•
,
Company
Name of
•
FINANCIAL, CHRONICLE
THE COMMERCIAL &
'42
-
Ltd.
25e
$1
>
,*' 15c /9-25
(quar.)——
Coi-poration,
,
(quar,/
.
.
9-.lv
t20c- /9-30
j'lbc
9-30
-:
9-1
(quar.)!
Central
Cold
Central
Foundry 3%
conv.
Central
Illinois Light
4Vt% pfd.
,
$6
..
Storage
preferred
Co.
preferred.—_—
(quar.)____
pfd._„
$i'/8 *
t$l A
t$iA
—
Central Ohio Light & Power $6
$iy*
pfd.
(quar.)_
$1 V'a
!
;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number, 4103
.Volume 156
Per
v
1'
■
Central Ohio Steel
Central Steel
Payable
9-1
15c
9-1
8-21
75c
9-21
Distillers Co.—.
8-24 V
9-11.
6%
$1%'
Ribbon Mills, 7% .
25c
Champion Paper & Fibre, common^.^-..
$lVa
">6%' preferred" '(quar.)
*_;.*_—— -■
:"/■ 75c
Chesapeake & Ohio Ry. Co. com. (quar.)
/X $1
i 4'■/<;■
non-cum. series A preference
(quar.)
$1
Chesebrough Manufacturing (quar. i *^***Xi*;/;,.
Century
rName of
ot Rec,
25c
pfd. (quar.)pfd. (quar.)
& Wire Co.,
Per
9-
9-15
8-31
9-13
Dr.
10-
1
9-8
Doehler
10-1
':9-" .8
9-
Dixie-Vortex
-
-'
i,',
'
4
75C
6-4
8-20
Dominion
'Chicago; Corp, $3 preferred/
Chicago Flexible
Chicago' Mill & Lumber_--4i-^:-'--^r'-ii--.-V4',:J
Chicago Wilmington & Franklin Coal Co.—.
9-1
8-15
:-l
,/' 6 %
$l(fe
'
RR.
(.iju&r.
9-19
9-29
10-
30c
9-15
25c
9-
"
$17
$13A
10- 1
:
;
Dravo
£ 9-14
'
8-22
8-15
$1»A
>
:
Bottling <N. Y.)- (irregular)
; Coca-Cola.Co.*_*_
.Coca-Cola International Corp.. .4—*———
5(4 %
-
9-15
Columbian
Carbon
Co.
---
pfd.
5%
<quar.)a—
Telephone Co.—
*.'•<
9:;■■' 9-
Service
Assurance
& Dhemicals
9-25
8-21
8-31
$2C
8-8
9-30
tlY*
40C -: i;
/
(reduced)
9-14
9-15
8-25
•
ttivz
$$lVfe
Quarterly ■*.**-**.—. *******_***_ .m*^*a __**
Congoleum-Nairn, Inc. (quar.)
Mines, Ltd.—.*i**Z:._*~X■
Connecticut Light & Pwr. $2.26 pfd. (quar.)
■■W *■?;$2.40 preferred (quar.)_s._~x**_*
Commoh '■
•:
Power
Connecticut
Connecticut River
25c
9-15;; ;
$3C i'
9-
9
9-
1
/:?■ 55c
9-
1
8-14
,
10-15
50C
<mmmon-4^w—-;
■W,i *■ 10c
(reduced quar.)'
convertible preferred "(quaT.)
:
"
*
'
A
9-15
10-
1
9-15
10-
1
9-19
9-1
9-1
8-15
1
8-5
9- 5.
$lVa
8-15
9-1
62 Vac
9-1
■
8-15
;•/
Consolidated Cigar Corp.—
'
7%
'
preferred (quar.)——
Edison ;(N. Y.)- (quar.)
Consolidated Film industries, Inc. $2 pfd.—
Consolidated Gas Elec; Lt. & Pwr, (Bait.)—
' xx;9X V.
$13A
-
(Consolidated
10-
t25c
preferred': B (quar.)——
4% preferred C (quar.)——
Consolidated Paper (quar.) ^
Consolidated Retail Stores, 8 % pfd, (quar.)Consumers Gas Co. (Reading, Pa.) (irreg.)Continental Assurance Co.
tquar.)—
(interim)
Continental Can Co.
Continental Casualty C6.
10-1
Continental Oil Co.
Continental Steel
-
7%
Corp.
i
<
.—
10-
9-14
■'
9-30
9-30
9-30
$l»/4
9-
20c
'
12-15:
1
$1
■'£ 9- 1
20c
8-19
;
9-10
9-
9-
9-1
8-15
9- 3
«-
9-15 ;
4
,9-1*
87
Wc
9-
8-10
1
9-15
56V»c
8-31
9-15 a
;
56V4C
i
8-31*
.
25c
(quar.)——
•
$1V»
$5 convertible, preferred (quar.)
?Ss $1V4 .- '
Crucible Steel:5%> cobv. pfd. (quar.) ——
$2
Crum & Forster, 8 % preferred (quar.) 1—- $1%
Crum & Forster, Ins. shs., - 7W- pfd, (quar.) $3 Va
; Crundin-Martin Mfg. 7%
pfd, (s-a)
;
$1%
Cuban American Sugar, 1% pfd. (quar.)-—
$1%
!:>t 5 Va %
preferred (quar.)——
—— -■
10c
Culver & Port Clinton RR. (extra) ——4,.':.IOC
:
•
(semi-annual)
•v K 25C^
Cutler-Hammer, ' Inc..
$1V«
Cuneo Press, Inc;, 4 Va % pfd. (quar.)
10-
:
•-
9-I4:
1
•8-13
-,'9- 1:"
9-30
9-16*.
9-30
9-18
'i, 8-14 ;v
8-31
8-
9-3
Wy: $4.50
9-30
9-15
11- 2
$2.50
,9-15
10-22:
,
9- 2
t$l%
Cushman's Sons' 7 %:-,pfd.4.tcwi-—
Daniels
Fisher
&
Stores
9-
•
9-
35c
■'
Ltd^j-s■
35c
preferred (accum.)
•:
Supply (N. Y.) (quar.)—
(quarterly)
1%
preferred • (quar.)
—:—.
7% preferred
Denver Union Stockyards Co.—
,
5%Va preferred (quar.)———
Derby Oil & Refining Corp., $4 conv, pfd—
Detroit Gasket & Mfg., 6% pfd. (quar.)—_
Detroit Hillsdale & South Western RR. (s-a)
Detroit-Michigan Stove Co.—
7%
preferred (quar.)
—--—
1%
preferred
(quar.)
1%
■
:
9-15 :
8-15
y
8-3 L
9-3
8-20
12- 2
11-20
10-1
$1%
10-
5%
'
;V
$1%
'■/•v. t$2
9-
1
'
8-20
9-2
9-15
30c
V
9-1
8-15
$2
1-5-43
12-19
$1%
10-1
10- 1
$1%
12-23
12-23
25c
Class
B
Diana
.
.
6%
participating preferred
Stores
Corp., common
preferred
(quar.)_^
Dictaphone Corp., common—————8%
preferred
((juar.)—.
9-15
8-31
9-1
"tquar.)
■
-.2——
'25c
9-15
15c
11-
8-31
2
.'■-.Horn.
7%
General Motors
6%
1
1
Corp., common.:
.xXi—U_~
-
37VaC
9-
8-11
1
I
8-11
12VaC
8-31
8-25
15o
8-31
25C
9-
75C
.
9-
42
;
•
1
;9- 1
8-25
8-14'
•
General
Paint
Corp.,
9-
1-
l
-
convertible
preferred
^
/
9-11
8-14
8-12
9- 1
62 (fee
10-
$lVa •J'V- 9"
1
$IVa
7-31-
1
1
$l3/4
9-1
$1%
9-1.
8-17.
■
8-11
9-30
/•" 8-11.'
■
9-21
9-1
762 VaC
$l(fe
8-14' .'
1
9-1
30C
.
'
1
9i
45c
$1V«
:
*_
9-
8-22,
5
8-11.
9-1
,
*■' Common (quar.)__***___*__—
$1.50 convertible partic," preferred
'
pfd. A
8-15
a7Va%
I
Institutional
Securities,
.
9-
1
8-21
$1'A
10-
1
9-12,
/ 20c
9-10
8-21
$1
:
10- 1
9-15
interstate Hosiery
9-15
50c
9-5
$1 Vfe
9-15
50c
12-15
12- 5
$1V8
12-15
12-5
$1 (fe
9-1
8- 3
;
:-v
9-
5
$1
9-1
8-14
25c
9-21
9-2
'/•',//;
Bank group shares class A___—_**_—__*..
B usiness Mach, Corp. (quar.)
International Cigar Machineiy Co. (quar.) _x;
International Harvester Co., com, (quar.') -i7% ..preferred; (quar.|*x*'_Ii_*xX*x—*x*'»'_'t--;
Internat. Nickel Co. of Canada, Ltd. (quar.)
Payable in U. S. funds :''";-."/.:v:"
Ihternatibnal Safety Razor class A (quar.)**
International
Silver:. Co.'****x__*_—;.
"
8-21
$37(fee
019
In ternattonal
"
1
(quar.)
Copper—
Ltd.—
9-
(quar.)_
/' .'Inland Steel Co./xx*/*-1/—i—*xx—**x***i*,- '■
Consolidated
8-il
9- 9:
/
tl2Vic
4)4%
Inspiration
9-30
12-31.
:
preferred (quar.)*x_*_x^™___xx_**
Ingersoll-Rand Cq.
***:
:_—**_—
..
1
1-2-43
t$33A
Common,' (quar.). *x*'_/**xxx*'**xxx**--***'*::.
4Va%- preferred"
'(quar.)'*xx***Xxx*X*Xx(Xi:l: ■
'.
10-
$$3%
*
Imperial Varnish Ac Colour Co., Ltd.—
■,
9-20
:
:
10-
1
8-31
$l(fe
10-10
40C
9-26
9-10
50c
,10-15
9-19
9-
8-5
$13A
9-22*
1
50c
9-30
8-31
60C
9-
1
8-14
$1
9-
1
8-13,
.
9-15
1
9-1
1
8-28
9-30
10- 1
10- 1
9..
:
'
I
9-
,
1
9-
;; 30c
12-1
11-10
10-1
9-19
9-15
8-31
/-Quarterly,,*.*:_**—U.-X*****x*—x*—_—*1..;
1
Katz Drug
8-31
Kaufmann
8-31.
■
5%
(qUar.)*_*
& Sons (quar.)
::
8-25
8-12
9-1
8-15
:9- 4'
7-28
Ferlvn Oil
9-4
7-28
9-10
9-12
8-13
2
10- 5
67c
10-
1
9-10
10-
l:
50c
9-17
10- 6
$1V4
10-
1
9- 4
1
$1 (4
-
10-
9-
4
9-
,
4
20c
9-15
9- 4
$1 (i
•
8-31
15c
■
9-15
10-1
9-15
$1(4'
9-15
9-
50c
9-10
8-22
1
.
9-10
11-
9-7
9-24
;
'
Keystone Steel & Wire Co; (irregular)——
Key West Electric Co., 7% preferred A—X—
Kimberly-Clark Corp., common (quar.)
6%
preferred (quar.)—X.—.*X—X-—.*
Kihgston Products Corp., 7% pfd, (quar.)—_
50c
10-17'
9-21
50c
$i3a
8-29
11- 2
40c
..
*
9-15
8-15
9-19
9-21
8-31
9-1
'
$4.50 preferred (quar.)__**__**_*
Dept. Stores—
X
convertible pref.
Kellogg (Spencer)
*
Kelsey-Hayes Wheel Co.—
/ :
$1.50 convertible class A (quar.)—*X—
Kendall Co.,. $6 participating pfd. A (quar.)
Kennecott Copper *—*_*_**——X-,**,_X_**X'
9- 1
9-10
$1V4
Joy -Manufacturing ■ Co.*X*-*-X*—X/*_*XX**Kalamazoo Vegetable Parchment Co. (quar.)
8-31
1"
50c
Common
9-15
10-1
.
9-
'
(quar.) :*X*x—_X**„X*_X_—**x**;
Johns-Manville Corp^ common (irregular)*.
7% preferred (quar,)——
—
Jones & Laughlin Steel Corp., com. (reduced)
5% preferred A (quar.)_
5% preferred B (quar.)**__X_—
,
9-15
9-15
25c
t37VaC
******
: 7% preferred (s-a)*——*'*—„_X*X*lx**—*:
35c
Jewell Tea Co., Inc„ 4(4% preferred (quar.)
$1.06 V»
'
9-21
9-"l
8-10
Knitting Mills, 5% pfd. (quar.)**
Jefferson Lake Sulphur Co., Inc.—
8-20
10-
1-1
Jantzen
8-20
9-1
9-15
::/. 'Jaeger,Machine-Co,X*l.***X——.X*****——*X''
8-14
9-
25c
30C
Air Chute (quar.)—**:
Irving Shoe (John), 6 % preferred
8-20
10-1
Mills, Inc." (quar.)_______
Irving
8-11
9-1
37VaC
$llfe
■
10-1
9-18
Co. rlass A
8-10
9-30
8-28
.9-30
10-
83Ac
(ouar.)
9-18
9-1
.
25c
8-28
t$3Va
1
9-10
9-15
30c
8-29
1
8-14
9-
25c
10-
1
9-11
$lVa
10-
1
9-11
$13A ;
9-1
8-15.
9-15
8-31
'
General Reinsurance Corp.",(N. Y.)
General
Shareholdings
(quar.)_.
.stock at holder's option.
,¥
!
9-15
9-8*
9-1
8-18
Kinney Mfg. Co./ $6 non-cum.
Corp.—
$6 preferred (opt. stock"div. series)
Cash or 44/1000 of a share of common
8-14
50c
Klein
■
$lVa
-
'
37 Vac
*
.
8-11
9-11
■
'/•: 8-12'
.
8-14
$iy*
$2.67 preferred^—.^
8-15'
9-
.
50c
10%
.
9-1
l'"'
9-30
'■
8®Ac
--'/■/'".r';.
(quar.)
Illinois-Iowa Power 5% conv. pfd,__—
pfd. (quar.)
Imperial Lite Assurance Co. (Toronto) ~
-Quarterly *,***_*****_—x***'-.;**L**'—'**«*.■
Quarterly
Imperial Tobacco of Great-Britain & Ireland,
/ /■ Ltd. Amer. deposit rets, for ord; (interim)
8-14
1
9-11
'7Va%'
(quar.
9-11*
8-31
$ll/a
non-cum.
/ Illinois Municipal Wataer 6 %
'
$5 .preferred
8-15*
1
(A.C.) Co.—
Hydraulic press Mfg." Co.-—
10-24
9-
—
Electric, Ltd. (Great Britain)—
:
dep. rets, for ord. regis.,.—rx_Xr..
X_X—„
40c
prior partic. pfd. (quar:) _*
6% non-cum. 2d partic.'preferred (quar.)
Holn fis Hardart (N. Y.) 5% pfd. (quar.)** : 1
Houston Light & Power, common
(monthly)
Humble-Oil &, Refining
Hummel-Ross Fibre, 6% pfd. (quar.)
11J
Huntington Water 6% prefererd (quar.)„il_*
:
:/v 7%"■ preferred: (quar.) /—s./:*X:X*Xi**—_X'**,
Hutfclg Sash & Door 7% preferred (quar.)—
1
9-
—
Bonus
10-
*
5
10-
,■
>;,'.---r;':5W/opreferred;(quar;)_i_—
• ■ f$137'
Gaylord Container Corp. cbMrhbn tquar.)^-;:"::;J,:i2VaC.;
:
Extra
1**.-———,{■ !2VaC
5l/a% ^preferredquar.)1—22222—a— :,""',"-68'i/4C '
General American Corp. (quaf.)
J—*
75c
General Baking $8 preferred (quar.)—,
$2
General Candy Corp,
(quar.)——
25c
General Cigar Co: common____„__„^_^___"__ ;
25c
'■, - 7% preferred tquar.)_——Xl'..—..2222$13A
.
8-25
>
5
Iron Fireman Mfg. Co. vtc. common (quar.)
.Foster,: Wheeler Corp.-— ■ "v, '■'■•'::
;v:•»;'•
{
'2 B% prior, preferred" tquar.)——
37V2C,,
Freeport Sulphur: Co. (quar.)l>l—
*
50c
:: Fruehauft Trailer {Co,; common
(quar.)—'.—
350
V5:%/Vconvertible preferred (quar.)——— '"$1V4v
Fuller Brush Co. 1'A preferred (quar.)
$1%
Gar .Wood industrie&. Inc.,*' 5% pfd. (quar.)^12Vac
Gatlneau Power Co4 common* (quar.)——J15c
>•,;■■" 5% preferred•-(quar.)
1.
JglVi '■■.■
Amer.
Mining Co._'___i**-***_**_*—__
Hooker Electrochemical Co.-common (quar.) Xt
■: / 6% '■ preferred
(quar.)
;
'
General
9-
■
8-29
•
25c
■"
9-
,
•
9-15
"
8-29
preferred (quar.)
8-1
t$l
;_*
■'
9-1
11-
8-15
8-31
9-15
9- 5
9-
9-30.
9--1 /
25C
10-24
8-31
9-12
9-
9-15
25c
10-15
$5c '
Corp.—/--^*:—'_*x**'*;X■X*i'*x*^:,l'
COrp.-r-
(irregular)
convertible
$13A
$1 Vis
v
9-1
11-20
;
9-15
■.
10-24
9-15
8-20
2
.
50C
■;
9-15
62'4c
8-13
10- 6
11-1
•
8-21
12-1
9-15
1
10-20
15c
.
9-1
9-
■
9-2
Heyden Chemical Corp,, common
75c
'9- 1-v,
8-254V»% preferred-: (quaril:_X'X*iai*u*--*^cX;j.-*XX':-/ $1,06 V4
'"-"9-"l-/
8-25
Heywood-Wakefield, 5% preferred B———/
t31c
9-1 •:
B-25*
Hibbard Spencer Bartlett & Co., (monthly)./* '
15c
9-25
9-15
15c
,Monthly ■•*'*i*'*i.*_*_****_*x*-*^*„-x*^***.. '
10-30
10-20
Hires; -' (CSiaS. E.) - -Co,. (quar.).__xx*Xi*^*-****-"30c
8-15
p 9-1
Hobart Manufacturing Co., class A (quar.)**
9-1
37 Vac
8-17.
Hollinger Consol. Cold Mines, Ltd. (monthly)
J5c
9-9
8-26
Home Fire & Marine Ins. Co. (Cel.) (quar.)
50c '"
9-15
9- 5
Honey Dew, 'Ltd,' .(-quarO.-^—.xwxiw^^-i*/*1'
10- 1
$50c
9-15
8-17
9-19
8-31
25c
.
9-19
;
'
—-
(s-a)——
(quar.)
8-20
9-1
9-15
25c
Diamond Match Do,—8%
8-20
8-20
25C
(Irregular)————*
Co. (quar.)———
——;
1
9- 1
$1V4
(irregular) —
Alkali
Common
9-
25c
preferred (quar.)————————
Oil Co. (quar.)—
---
Diamond
9-10
9-25
25c
Devonian
Chemical com.
1
12-23
12-23
$1%
Raynolds, Class A (quar.)—;
B
(quar.)_——-i.—***
Dewey & Almy
25c
,
:
1
1
9-15
25c
//' .Common (quarterly) **XXxxx'xx*xxX-ix*-x*-:
9-
8-15 i
••
9-15
8-26
15C
9-
8-15
9-15
11-24
-
75C
Steel Corp——--—*-4———.-
Class
1
: gl'A
/;
15
9- 5
1
$1V,
Quarterly i—x—**—x*x*;**x^Xx—*XX**»x
Industrial National Bank of Chicago—
. ■ / /
8-31
8
9-12
$13A ''
-
//: Common--.'Class;A■(quar.)****X_*Xx**x_*i;n,.-:
/ Industrial Bank & Trust Co. (St. Louis)—
11-30
Foreign Light & Power Co",—
6% first .preferred (quar.)———" glta-.
Florida Power 7% preferred A (quar.)—
$1%
'
7% preferred (ouar.)—
87VeC
Ford Motor, ;Ltd/(ordinary) regis: (final)—:
3%
Amer. deposit rets for ord. regis.' (final)
*
3%
iFort Wayne & Jackson RR.;5 Va V? pfd. (s-a) $2%
8-15
■
.
Detroit
"
.8-20
';lv 9-1 ■
75c
Common
Devoe &
10-
Ford Motor Co. of Canada class A (quar.)
>
1
>' 9-1
t$3W
8-17 ?
;i 9- 5'
8-2i:
1
9-15
9- 5
$1Vb
Dentist's
•
$2
9-1 /'
9-
25c
.
,
■'
35c
/; /:;>
9-15
9-30
:T9- 5
f25c
60c
•50c
50c
8-15
9-15
40c
'/
>
i
'
/
9-15
;-v'''vi,:Classv'B.-,(quar';)^^^2^^242-2^^22242,:: 4'C l'25c
>
9- 4: -'
10-1
50c
Dayton': Malleable' Iron- Co.te-i—
Dayton Power & Light 4Va'% pfd, (quar.)—Deere & Company, • common.—
7% -.'-preferred
Havilland Aircraft of Canada,
1
—„_
preferred:tquar.)1
; Common
4
9-
25c
(quar.)———
Be
9-
9-15
t25c
pieferred——
Curtis Publishing Co. $4 prior
7-22
9-15
(quar.)
9-
25c
/
Foote Bros. Gear* & Machine
"
■
•
5
9-16
:
25c
;9-15
9-1
,
1
9-10
-•"
.......
Food: Fair Stores, common
1
9-30
preferred
10c
$1'A
Corp.
Indianapolis Water Co., 5%
preferred tquar,)":.——l7VaC
7%
preferred '(quar.)_—Ll——1J—. 17Vac
Flintkoter Co. "• common___i_
15c'..
10-
$lVs
9-
Heileman (G/{ Brewing Co. (La Crosse, Wise.)
Rein-Werner -.Motor Parts-iv*^*'^*;.^**'®**-.'Heudtt -Rubber
•:
1
9-30
7%
9-21
9-15
9-5
40C
Fitzsimmons Stores—«
•
9-
<
1
—.—„
(quar.)—
9-15
10-
•
'
9-15*.
8-14 £
•
1
50c
8-17*
9-30
60c
9-
35c
$1V«
9- 5
9-19
$1V*
9-30
$J Va
'
8-27
T: 30c
Stock
Corp. (s-a)
i
First National Bank" (Pittsburgh) (quar.)—
First National Bank (St. Louis)
(quar.).
Quarterly
Fishman (M. H.) Co., Inc.—
5c to $1.00 stores (quar.)—_1
Pitzsimmoiis $s Connell Dredge & Dock— *
Quarterly
-—-1-—--i'
l ;;
'
t$l%
Bank
First
j$l Va
-
(quar.) '•-.****.-,i;'x****X'***J-'.
Beclft
9-11
9-15
:
8-lS:
Pineapple' iquar, l.-*****^/*/'*/*/'//.':: \w-
Hazel-Atlas Glass
Hazeltine
9-15
9-18
,
y Firestone Tire & Rubber 6% pfd. A (qdar.) i
1
2V2'V
1
9-30
9-1
>::■:; ;;'-ciscbT;:(quar.:f:--^^ii-^!,:-
8-19
'
9-10
?
62 V2C
.
;
9-15
;
1-2-43
'
Hawaiian/
.
9-11,
-
.
,
&
8-14
1
:
—*___
Hartman Tobacco' $4 prior- preferred**
10-15 '
10-15
Smelting——I———
$1
Federal—Mogul; Corp.-;!-—' ;:v:.; 35c-:
Federal Screw Works (quar.)——
—
25c
Ferro
Enamel Corporation.;—
25c
Field (Marshall) & Co., %% pfd. tquar.)—
'
$114
6% preferred, 2nd'series (quar.)__-_
gl1^
Fireman's Fund Indemnity Co. (San FranMining
8-15
1
9-
-.:■
—**__**_
Hart';:Battery'Co.; Ltd.—
10-
X
9-1
9-
$1 Va
:
*
Harshaw
J.;' $214
25c
9
Ltd.—
(irregular)
8-24
(Syracuse,
—
8-15:
1
25c
Harrisburg <SAs, 7% pfd; <quar..)_z*_*
Chemical, 4V3 % pfd. <quar.) —X—*
8-31
'
9-15
12-15
10- 1
$1%
Crown Zellerbach Corp. com.
■
Co.
—
Company
9-5
.
Bake Shops,
9-16
9-
'
9-21
Inc.————'
Light & Traction $6 pfd. tquar.)—
Federal
9-15.
,
1-2-43
•$1%
$l*/4
$2.25 preferred'- (quar
•
Federal
;
Traders Life IftS.
Y.) / (quar.)
9-30
50c
■
*
.;.;;.9.-,L:;
1
.
(quar.)__—
common
8-249-15
1
(quar.)
Co.,
N.
;9- -8-
.
1
10-
;
conV.' pfd".
.
v'
1
$1%
Farmers &
::v; Federal
433Ac
^
Refractories Co., common
preferred ;--^uari)-:i»*i-Lx^X*X:*-xi;*:',.^'-,:'
(A.) Co., 7% preferred (quar.)*****
6%
Harris
•
8-25*
:t '8-15'
■■
9-28 '
10-
preferred (quar.)
Creameries of America,—
$3 Va
I
8-31
$3 •'
'
Crown Cork & Seal
9-15
9-30
9-
$ 25C
S$l%
.preferred -(quar.)
^
Copperweld Steel common
1
5'i'' conv. -preferred (quar.)^———Corrugated Paoer Box, 7% pfd. (accum.)—
Courtaulds, Ltd,, Amer. dep. rec. for ord. reg.
Crane Company,
■
■: 9-15 :
25C
(quar.)-4,—,.—————
6%"# pfd. {quar.) '
«>/fepreferred (quar.)t.———
Tv.' participating preferred (quar.)^—4.
VJt> participating preferred (quar.) —
common
8-31
30c
:'v'
preferred
Cook Paint ft Varnish,
9-15
25c
—
common
8-21.
v.'!' 9-15
50c
-
Continental Telephone Co.
•
9-15
v.
10-1
25c
:
-
—4.———
1
''!? 9- 1
$2
-
(Del.)-—.
10-
$1
£; 9-15
25c
(quar.)
Continental.-".-Mills (resumed)
■:
t 9-15.
10- 1
$1V«
'■f.h Win
•
8-10
1
90c
Common:.'(quar.)--
W;
;
8-31.
,
8-19:
9-211
9-
Harbison-Walker
:
8-31
9-14
——
8-7
(quar.)*
(M. A.) Co. common***—*—*
preferred :v(quar.):**ji;*X**x*x*^.x*.***
Harbauer
5.
:
'
;-V'v
8-15-
9-15
-;/
40C
V
: $5
;
1
9-
9-14
: 60c
1 ■!
9-29
$10C
(quar.)Ui***xX*—x—**—'
Ltd.
Hanna
.
20c
'
8-24
/Class B •'(quar.)/**——*jwX—*********-ri-'
8-10
10-
8-20
10-
••
8rll
8-10.
1
10-
8-20
1
9-1
•
i
9-
9-1
'.
$50
Hancock Oil Co. of California--Class A (quar.)/*******—*X—x-—****^^w*.:.-
8-11
■■
9-
1
9-
$lVa
,
62 Vac
$lVa
$1%
Mines,
Hammond Instrument Co. common—
..
10-
.
£
9-
1
-
.-(aCcum.)—Z^****XX'*x*X—.'
Hamilton 'Watch Co., 6% pfd/ (quar.)******
Hammermill Paper Co., common**—********
-4% % preferred:. (quar,)„**—■*—*x*i***.
•"/
8-25
1
.
.
8-14
1
.9-
*_*_*_—_**
Hamilton United Theatres,
y* 7 %
preferred
8-25
9*15!
10-
.
9-
34%c
.
Hallnor
9-15
9-15
37 %c.'
-1.-—
—
-
1 >X'
'
(quar.)—
-
■
8- 5;
yw 1
55c
——
Co.
(quar.)
Power, 6% pfd.
.
80C
.
(-reduced- ■ quar.)
12-24
12-31
/-
;/•
.Conlaurum
-\s£
9-25
6-30
•
8-25
75c
Western Brewery—
convertible preferred (quar.)
Hale. Bros.' Stores"
.
'
—
1
8-13
,
50C
pfd. A (quar.)—*—
Corporation, common (initial)—* :
preferred (quar,):—**i***—M*x***_—■-
6%
•
8-24
10- 9
'
(Toronto)
9-1
30C
;
*
Hackensack Water. 7%
10-24
,
8-15
1
9-1
$3
Smelting. ;<Ss
$6 pfd, (quar.)
Group Not.. 1 Oil Corp.****—***—**.*X_i/
9-14
-
X 9-
$1 (4 '
25c
-
(s-a)
Mining
Gulf Power Co.
-:
7%
preferred (qUar.)__l_r„
$1%'
9- 11
Ely & Walker Dry Goods Co. (quar.)
25c
9-1
8-21;
Empire & Bay State Telephone—
"
f
8-2)
4" 4%" guaranteed (quar.)_j
$1
9- 1,
9- 1
Empire Power- Corp., participating stock
t50c
9-10
9- 5
$6 preferred ■ ;(quafc.)2—. $1 Va'
9-30
Employers Casualty CO. (Dallas, Tex.) (quar.) f ; 1
30c
11- 2 • 10-2^.
Emporium CapweU Co., common (quaf.)—
35c
10-1
9-21?,-;
9-21
iVzVt preferred: series A" (quar.)-.—56'Ac
10- 1
9-23
I'm
preferred (s-a)
v:
$3V2
10- 1
Engineers* Public Service Co.-'—
*
; t
lv,
9-11
$5 preferred :-iquar,l.^c«4C-—-- '
•' 8IV4
i.6- t
9-11
$5.50 preferred* (quar.)
$134
10- 1
9-11S1:;;-' $6 "preferred (quar*.)-—$lVa
10- "L?
English Electric Go- of ';Cainada,; ;Ltd.—:
Class. A; (quar.)_;—~ $62c'
8-31
9-15
Erie & Pittsburgh RR„ 7% gtd. (quar.)— : f
8-31
80c
9-10
8-21
Erie RR. $5 preferred' A (quar;)
$1'A
9-1 Vl
.4 $5 preferred A: {quar.)_—
11-20
$1V4
12- 1
8-15
Paber, Coe & Gregg .(quar.)————i,- :v.
50C{{--'..p-, 1'
v
8-8
25c
9- 1
Fairbanks, Morse" & Do. (reduced quar.) i„ '
8-15
v":' Fa jar do Sugar Co. of PortO Rico_——_——
•
50c
9- L';
:
r A dividend declared by the Fajarao Sugar Growers Asso.,
'.■'4:; "■•■one of "its affiliates, is included.
"
^
^
10- 1
9-16
Fall River Gas Works 6% "prefeiTed (s-a)—
;•
3c
Faistaff Brewing" Corp., com (qUar.)_—
8-31
8-17
1
: I 15c
9-30
9-15
Fansteel Metallurgical, $5 "preferred (quar.)
$1V*
12-18
12-15
4 $5 --.-preferred <quar.) •
$1JA
.9-15
9-
8-17
9-16',
10-1
$lJ/4
6% preferred B (quar.):i
7% preferred A (quar.)
'
:—
El Paso Natural Gas comm'on_Jj___4_4——
8-21
,
9-15
50C
.
9-18.
Griesedieck
8-20
''W'
(quar.) _J
preferred
El Paso Electric Co. '(Del.)— * *
8-21
4 /•
4
8-20
'
8-17;
( 5Vt %
•9-10
~
8-20
8-20
9-15 /
'$1V4
9-1
12-17
"b'/;> preferred, series'194!:(quftr.)
62'^c
'4 Electrographiq Corp.; 7% preferred (quar.)
$l3/4
Elgin"- National - Wat.ch .Co.25c '
■
8-20
1
9-10
■.
,
-
.
Confederation Life
8-14
12-27
$l Va
5%
9-15
9-1
10-20.
"
(NY),
Great Northern Paper
Greene Cananea Copper
11- 1
$iv8
Edison Brothers Stores,.com.
(
-
(quar.) __/
Community Public
y 7-31
25c
1
$1
8-18
■
fv 8-18.
f-9-'l":'"
30c
—
-
8
'
9-
,/ 30c
:
//' $1
Oils, Ltd. (interim)
——
Commercial Loan (Indianapolis)— .
5% preferred -(quar )_./_:*^_/Z*.XX*;__--__-_
Commonwealth
"
9-
-
Command
•it-".
*
9-4
9-30
15c
9-15
'
Class
.
1
9-12
9-1
■
*62l/»C
Class A (irregular) ^--.iX,:^-*-*//-*/-**
B .(irregular) ___i*__xXX:;X-.X*~*-~-
)■
8-25
fi 9-11:
8-31
9-15
v
$13A
Hajoca
_r__,
y9_'1
'
$1Ye '
25c 1;
| V 5% "preferred A (quar.)*
*___*
Columbia Broadcasting System, Inc.—
8-10
9-10
50c
f
9-30
$2
_
(quar.-)
8-20;
7%. preferred "(quar.);——_****.***•**^*J'
Great Eastern Fire Ins. Co. (White
Plains,
«n. ;y.)> (s-a)__x_*
*:
> "
9-5'
'■
80c
6"%
-
I
8-31
preferred (quar.)_l_i—
:
:»
East'Missouri Power 7% preferred (s-a)——
$31/2
':-"• East St. Louis & Interarban Water—
:\\ : 6%
preferred (qUar.)--_-___„^-:
gl1^
7%
preferred ■':(qUar.)4J4_ii.^.L:i.i—$1%•
Eastern Shore-Public Service $6 pfd. (quar.)
$1 Va :
;. $6 Va
preferred, (quar.)
——
$1s/b
'{ Eastern Steel products, Ltd. (quar.)
$25c
s
Eastman Rodak Co. Of N. J. 6% pfd. iquar.)
$1 Va
*
Common (reduced)
(quar.-)r.—$iyv
;
8-17
10il5
;
37V2C ;
(interim)
Plastics
9-15;
9-14
1
Co.,: Ltd. /(quar.).****—********** ■'
Great Atlantic & Pacific Tea com.
(irregular),
15c '
preferred
-
25c
9-15 X
;
,
$1 Vt
:' 'i Power
10-1'
■;
,
15c
,
Bagle Picher Lead, common—
8-10
8-31
$1JA
6%--
8-20
10-
25c
•
•
8-20
9-36
$1.06 V*
ll%c
(quar.)
Durez
8-28
8-28
K 9-12
10-
$5V*
$3
(s-a)
.
Duquense' Light do,, 5%
8-11
1
'
t$lV4
,
1
Bank
Consolidated
Granby
25c
'■
-
.
8-31
9-
150c
Corpbratioii—;:
Common
Grace National
of Rec,
1
9-
$ls/4
:
Gorham Manufacturing Co.*.*,
;**
Gossard
(H. W.)
(quar.)—*_—*_*
8-20-
10-
Holders
10- 1
40c
*
8-15
-■
$1 Va
(quar.;)—„■
(quar.)__
Goodyear "Tire & Rubber Co, com, (reduced)
$5 convertible preferred (quar.) *********
^
k$4;50 preferred'4quair,)i.ic-u_^—
8-11
9-15
10-
75C
(quar.)
common
:
w,,...,
Duplan Cbrp. 8% pfd. (quar;)_—__-__.:-.^__„
du Pont (E. 1.) dfe Nemours & Co.,— •:
.
8-25.
9-25
$i
..-i
preferred (quar.)
Colonial Stores,
i
31V4C
■;v
Coca-Cola
-
9-1
(N. Y.)
$5 preferred
9-30
9-a
10-1
*
8-18
9-10*
mva
Driver-HaTriy'D.o\';:-'l-4l.-c—^1'——
Dun • & Bradstreet, "Ihc.^4l4_'^:.^^»-—
9-15
,
•
Coast Counties Gad & Elec. 5 % 1st pfd. (par.)
(quar.)
10-20
Common.
9-1
'ft
.
preferred:
1
9-25
Payable
'
Globe-Democrat Publishing^ 7% pfd. (quar,)
Golden Cycle Corp.. (reduced)*—,*
Goodrich,. (B. F.) ,Co.; common, (irregular)**
-
(quar.)———
common
common
.
■
1
9-
mv»
Doyle Maihlne & tool (quar.).
*
Glen:Falls Insurance Co.
(quar.)
'
(quar.)
Rockaway RR.
&
■
9-1G
10-
50c
7%- preferred
9-19 V
...
Collins &; Aikman, 5 % con v. pfd,
Colonial Finance (Lima, Ohio) —
62 %C
.
Dover
9-1
.75c
Dominion- Textile Co.,
.
8-24
9-15
Street
Collateral Trustee Shares of N. Y., series A
10-15
$40c
8-20
9-15
20c
Railway**—-*__**;—-—
9-30
Stamping Co. (quar.)**Zzx**x/z/
9-30
30c
City'(Ice & Fuel eommon*j_;Z_:,**_..*_X*.-ZZ*
$1% ■
i.: 6Va % "preferred. - (quar.) X*XXXXZZ;,;z:XXZ//*XX:"
9-1 i
$1 Va
City of New Castle Water 6% pfd. (quar.)—
Y' 9- 1 :'•'
$1'A
City Water - (Chattanooga) 6% pfd. (quar.)*
9-15
Clark Equipment Co. common.—————
i;,
75C
•'
9-15
$1*A '
5% preferred (quar,)'"}
//v 5c / :-c;;;9-;'lV
Cleary Hill ' Mines Co. ■(quark.i.:iit-a-^^—
Cleveland & Pittsburgh RR.—
.
87Vac
I
Regular guaranteed (quar.).———
9- 1 :
50c
/■. Special guaranteed (quar.) -___**--*_*—*•/:
•
11- 2
15C
9-18.
AutO
(,5'$4.25
$1 Va
(quar.)—————
Steel,; Ltd.—
&
9-
When
share
.' $l'A
Company
Georgia Power $5. preferred
$6 preferred. <quar;)
8-28
■
8-25
;
1
10-15
25c
1
'Oolgate-Paimollve-Peet Co.—
9-15
(interim)
Dommion-Scottish Investments—.
:•■ 5%
preferred (accum'.)
;
10-19
11- 2
12 Vac
i7% ■preferred'.' (quar.)
Chrysler Corporation (reduced)——
dim., New Orleans •& Texas Pacific Ry. Co.
5%preferred; (quar.) w.
V
Cincinnati
7-14
455 V2 c
6% '.'preferred- (quar.)
.':
.
Foundries
Per
Name of
of Rec,
1
Dominques Oil Fields: Co. (monthly)—
preferred
Chicago-": Rivet & Machine-—
*~*—.*_* /
Chicago Yellow.
Chickasha Cotton■'Oil (quar.)_***_****x..-*- /
Christiana Securities Co., common. _*_*;Zl_
City
w
9-15
1
$0,191
(final)
Dominion:& Anglo investment Corp.— :
5%
preferred (quar.)
t75c
Chestnut; Hill
class A
Holders
;--••.
iquar'.)„_^
Die
9-
Extra
'•■
Casting Co.
Mines,. Ltd.:
Dome
4 :
Co.,
Pepper -CO.
9-28
■
Payable
.
10- 1
9-28
,'r
..
,
,1
r
Distillers Corp.rSeagrams, Ltd., com. (quar.) »
5% pfd. (quae.) payable in -U. S. funds—
8-20
1
1
Company
(Amer, dep; rets, fbr ord., reg.)
25C
('
When
share
HolderI
When
share
'
:
Products
Inc. (quar.)
Paper.Co.,
Central
Company
Name of
743
(D.)
Koehring Company
preferred (quar.)*
-
25c
Emil Company, common*—
Kobacker Stores, 7%
*
silfe,
pfd. (Irregu.)
.
$134
500
10-
'
1
9-21
9-1
8-31
8-17
4
8-15
Per
& Co.
H.)
(S.
Kress
of Rec.
-
40c
preferred (quar.)...
Kroger Grocery & Baking, common (quar.).
67o first preferred (quar.)
7%
second preferred (quar.)
special
6%
preferred (quar.)
Lamaque Gold Mines, Ltd. (interim)..,—
7%
$20c
,—•
9-10
1
9-10
9-30
9-18
9-15
9-
5
12-15
12-
5
9-1
8-14
7%
9-15
8-26
Morgan
9-11
9-
2
$50c
12-11
12-
2
25c
8-31
2c
-
participating
Stores
8-20
10-
Link
Belt
Co.,
8-10'
1
8-11
Little
Miami
RR.
8-31
9-
8-24
.
8-24
1
9-
50c
1
8-20
9-
1
8-
8
10-1
15c
,
25c
9-15
8-31
$1%
8-12
9-15
9-30,
11-
$iy8
—
8-31
-
-
9-1
$2»A
(quar.)„__
8-31
9-12
9-12
10-14
2
Co.—
(quar.)—.
Pipe
8-24
9-10
$1.10
11-24
12-10
$1.10
50c
9-10
8-24
50c
12-10
11-24
9-
25c
8-14
1
preferred (quar.)
7%
9-1
8-10
8-21
10-
Life
9-19
Tenn.)
9-21
National
1
$iy4
25C
12-
1
11-20
9-
1
8-17
National
1
8-20
National
Oats
1
11-20
25C
9-
$iy4
12-
$5
& Steel Casting.:
Malleable
1
Lord
Taylor,
&
Land
Louisiana
—
$1'A
preferred (quar.)———
Exploration Co
—
(quar.) —
6%
&
9-
9-15
$2
9-5
Co.
(quar.).—;—
1-2-43
Newspapers,
preferred
Mclntyre
McWilliams
Gold Mines, Ltd.
New
Bedford
9-
8-4
1
;
9-15
1
Magazine Repeating Razor Co., common—— /
$5 preferred (quar.).!
r—
—/•
Magma Copper Co———
9-18
8-14
9-12
8-28
$l,/4
9-12
8-28
9-15
8-29
——
(I.) & Co. 6% preferred (quar.)
(P. R.) & Co.!———
Manhattan Shirt Co. (quar.)——
Marven's, Ltd., 6% preference (quar.)
Magnin
—
-
—
25c
11-
11-14
$1'A
'•
5
8-25
9-10
20c
Mallory
N.
8-11
$5
9-15
Corp.,
common
New
4'/a%
preferred (quar.i ——
Massey-Harris, Ltd., pfd. 614% (s-a)———
Electric
Master
Co.
(reduced)—...
—
1
8-15
New
9-
1
9-
5
75c
_
preferred A (quar.)
—
$5.50 preferred B (quar.)——
—
Mercantile Acceptance Corp. of California—■
$6
9-
1
8-15
25c
Department Stores (quar.)— i
May McEwen Kaiser Co. (quar.)
Mead Corporation, common..!——:
May
9-
1
8-18
25c
9-11
9-
$1'A
$1%
:
preferred
1—
——
—
9-25
9-
Mergenthaler Linotype Co. (irregular)———
Merritt-Chapman & Scott, 6'A% pfd. A—„
Co.
(reduced)
Noranda
I
Norfolk
1
North
Metal Textile Corp., $3.25
Metal & Thermit
partic. pfd. (quar.)
(irregular).
Corp. common
(quar.)..
_—
pfd. (quar.)..
preferred (quar.)_—„:
$5
cumulative preferred
(quar.)
$7 cumulative preferred (quar.)
.—
$7 prior preferred (quar.)
Michigan Public Service common (quar.)—_
$6 junior preferred (quar.).—
.
6% preferred series of 1940 (quar.).
6% preferred (quar.)——
7% preferred (quar.)
L:
Michigan Consolidated Gas, 6% pfd. (quar.)
Michigan Steel Tube Products (resumed) —
7%
preferred
Metropolitan Edison, $6 cum.
$6
prior
—
Common
(quar.) —;
Midland Oil Corp.
—
Rubber Reclaiming, $4
6%
Co., com._
—
preferred B (quar.)
Mississippi Valley Trust
Missouri Edison
Co.
American
$1'A
O-20
1
9-25
One
share
50
held.
(St. Louis)
$7 pfd.
(quar.)
(quar.)—
common
Detroit
shares
of
Edison
9-
8
9-
1
8-15
10-
1
9-16
81 Vac
9-
1
8-20
6%
9-
1
Northern
$1%
9-21
Northern
$1'A
10-1
8-31
Sl'A
10-
8-31
$1 Va
10-
1
8-31
$l'/4
10-
1
8-31
Gas
Natural
States
Power
Northwestern
Utilities, 6%
Sl'A
10-
1
9-15
Norwalk
&
Sl'A
10-
1
9-15
Norwich
Cement (quar.)_
Northwestern States Portl'd
8-15
Sl'A
10-
1
9-15
Nova
$1%
10-
1
9-15
6%
9-10
8-25
9-15
9-
9-
8-20
Tire
7%
Rubber,
Pharinacal
(quar.)—,—
pfd
—
(irregular)——
~
(quar.)
Corporation,
preferred
—_—
—
common
9-
1
8-20
9-
1
8-20
Otis Elevator
Sl'A
9-
1
8-20
9-
2
9-30
9-25
Sl'A
9-
1
8-20
(quar.)
Co.
Ogilvie
Mills
Flour
Ohio
Oil
Ohio
Power
6%
6%
Co.,
Co.,
Co.
common
preferred
Oklahoma
$1
9-
1
8-20
7%
$1.06
9-
1
8-20
Gas
(increased)
(quar.)——
&
Electric,
:
6%-pfd.
(quar.)_
Oneida,
preferred (quar.)
!
Ltd., common (quar.)
P&rtioipating preferred
$1
10-
1
9-18
7^
$13A
9-
1
8-18
Ottawa
Light,
10-
1
9-18
5%
preferred
37 (4 c
11-
2
10-22
Oxford
$i3A
10-
1
9-19
Pacific
Paper,
Mills
Heat
&
Power,
(quar.)
$5
preferred
———
-
com.
(quar.)
J——
8-13,
Photo
;
8-28/
Pickle
Crow
'
10-16
11- 2
9-1
8-20
9"; 1
Z 6 Va %
9-
1
—
50c
8-31
\ $5;
9-17
8-10
,8-31
8-10
9-
1
8-14
9-
1
8-14
Planters Nut- &
9-
1
8-20
Plomb Tool
(quar.),,
RR., com. (s-a)
Pollack
8-
(quar.)
10-
1
9-
3
8-20
Procter
9-14
8-21
9-
1
8-
9-
1
8-
7
I
8-20
10-
1
9-15
9-15
East
Dome
Gamble
Bank
of
8-20
9-
1
$1»A
9-
1
10-
1
8-21
9-15
<
9-30
10-15
9-
30c
8-22
1
$13A
9-15
$13A
9-15
12-15
9-
137'Ac
-
12-15
8-15
1
8-31
25c
———
1
-8-20
9-1
9-
20c
..v.-
9-17
9-
1
8-19
75c
9-
1
8-19
3
(quar.)——„
$5c
10-15
9-24
(quar.)..^^
$l'A
9-15
8-25
1
8-15
(quar.)
—
9-10
8-20
$1.37'A
fl-
1
8-20
Sl'A
9-
1
8-20
9-
1
8-31
9-
1
8-20
8-20
15c
(quar.)
$2
37(4c
9-10
8-31
Public Finance Service
$6
9-15
8-29
Public
Colorado—
10-15
9-25
9-
$$1'A
...
(Detroit)
———————
preferred series D
9-15
70c
(quar,)—i
(quar,).^
preferred
Canada
8-15
8-15
•
15c
—
preferred series C (quar,)—-
conv.
V;8-18
■
1
(quar,)
conv.
9-10
1
9-
Mines, Ltd.
5%
8-20*
1
.-9-
9-
Accident Insurance Co.
&
9-
r9-25
,
$l3-a
5%
5"'0
9-
-
Sl'A
Common
v
1
(reduced)——
514% pfd. (quar.).
Provident Loan & Savings Society
7
1
10-
$iy4
Ry.
Alexander.
&
Preston
[8-15
9-15
10-
159
<
1
8-13
1
.$2 'A
Paper & Box Co., 7%
9-10
9-
8-15
8-15
9-
25c
;
preferred (quar.)
6%
1
Sl'A
Ltd.——
pfd. (quar,).
preferred (quar.)—.x.
Poor: & Co. -class A preference—————
„
1
9-
•8-31
-
t$4 '/8
7%
5
./*■ 8-19>
9•
75c
Pneumatic Scale Corp.,
9-1
2-
15C
7:V
(quar.)—
common
11-20
8-22
1-43
1-15-43
65c
(quar.)
Chocolate
Co.,
-8-31.
1
10-15
-65c
;
(quar.)———*—
—
preferred (quar.).—
preferred
1
9-
1
25c
Pfaudler Company,-6%
9-15
12-
1
-
$IUC
;
preferred
convertible
7%
7
9-
?
$50c
Pittsburgh Forgings L-i—
Pittsburgh Steel Co., 5)4% prior preferredPittsburgh Youngstown & Ashtabula Ry.—
-
8-28
8-
,
Coke & Iron Co.—
Pittsburgh
9-17
8-11
1
11-
>
2'Ac
$$18A
;>•
,
(s-a)
Pitts. .Bessemer 6t Lake Erie
8-20-
9-30
9-30
u
Piper Aircraft Corp.,60c conv. pfd.
8-20
8-11
1
9-12
2'Ac
Mills Co. (Del.) (quar.);—„
Mills, 6ya% pfd. (s-a) —
preferred
1
1
'
Pilot; Full Fashion
8-20
1
Gold Mines—
Pillsbury Flour
.
Sl'A
1st preferred——,.
(s-a)
Hosiery Co.; 7%
/v
99-
20c
•
9-
'
Engravers & Electrotypers, Ltd.
/Phoenix
'8-14*
9-
1
r
8-15
11-
2
10-16
9-10
9-23
9-11
9-15
9-
50c
$1
$2(4
11-16
11-
5%
Co.
preferred
of
preferred
1
9-
1
8-20
25c
9-
1
8-15
Sl'A
9-
1
Sl'A
9-15
8-14
...
(quar.)—.—.
A
Public Service Corp.
preferred
$5
6%
/
7%
....
—
preferred
9-19
8-31
8%
preferred
(monthly)
(quar.)
(quar.)
preferred
71c
Service Elec.
preferred
Inc.
Pullman,
5
717Ac
75c
25C
$1
50c
9-
10-
1
9-10
10-
40c
,$$1(4"
t$1.31(4
15c
Pure
Oil
6%
&
(quar.).
Gas, $5 pfd.
Co.
preferred
——!
(quar.)—,
9-10
Purity
8-25.
1
8-15
9-25
8-29
Quaker Oats Co., 6% preferred
Quaker State Oil Ref. Corp
8-20
1
8-20
Reading Co. 4%
8-20
9-
1
8-20
10-1
9-21
9-
1
8-26
10-
1
9-14
9-10
8-21
Reliance
1
8-15
Steel, $1.50 conv. pfd. (quar.)—
Remington Rand, Inc., com.
(interim)
9-30
9-23
12-30
12-21
t
2nd
preferred
Regent
1st pfd.
(quar.)
$$1(4
'
7 (4c
$$13A
$l'/2
$1(4
41%c
25c
$1(4
$1(4
$13A
12(4c
50c
58(4c
t$l3A
$15c
$$1(4
50c
9-
9-
1
8-19
9-
1
9-
1
8-
5
9-
1
8-20
9-
1
8-20
9-
1
8-2Q
9-
9-15
$4.50
>6%
preferred
A
(quar.)
8-20
10-
1
9-15
$25c
9-15
8-31
$40c
9-
1
8-15
140c
12-
1
11-16
9-15
8-31
-
■
>$$l3/s
9-17
9-
1
8-20
10-
1
9-10
10-
1
9-10
15c
6%
preferred
B
(quar.)..
...
11-
2
10-15
10-15
15c
8-15
9-21
8-28
Rich's
9-15
8-31
9-15
8-31
Riegel Paper Corp....
Robertson (H. H.) Co
9-15
8-31
Rochester Button,
—
—
6'4%,
Inc.
1
8-26
6%
10-
1
8-26
6%
9-
1
8t15
preferred
preferred
Rockwood
5%
&
prior
Co.,
6%
preferred
preference
(quar.)..
pfd. C (quar.)
(quar.)..
(quar.)
5%
2
10-
2
9-
9
10-
1
9-
9
$iya-
10-
1
9-9
25c
9-15
9-
1
$13A
10-
1
9-15
$1%
10-
1
9-15
$1%
(quar.)
9-30
9-15
25c
(quar.)........
$1.50 conv. pfd.
D
E
11-
25c
Sl'A
9-15
9-
37'Ac
preferred
Rochester Gas & Electric,
10-
1
8-18
8
Republic Investors Fund, Inc.—-
8-28
9-
1
9-10
9-
10-
$iy8
(quar.)
1
9-15
8-31
20c
9-21
8-31
1
8-31
9-15
37'Ac
Republic Steel Corp., common.
67r
preferred (quar.)
6% prior preference A (quar.)
Rheem Manufacturing Co. (quar.)
Rice-Stix Dry Goods Co. 7% 1st pfd. (quar.)
7% 2nd preferred (quar.)..
......
9-15
8-
9-15
87'Ac
(quar.).
Ltd., common—
preferred (quar.)
non-cumulative preferred
(quar.)
Grain Co. 6y2% pfd. (accum.)—
preferred
8-31
\
50c
—
pfd.
8-31
50c
non-cumulative
$1.60
9-10
8-17
9-15
25c
—,
(quar.)..
Mills,
Knitting
$1.60
9-10
!
9-1
37'Ac
(quar.)——.
:
Corp.- 7%
1
25e
—....
1
Reed-Prentice
10-
8-21
1
Sl'A
(quar.)
9-
Inc.
non-cum.
10-
25c
...
9-
1
8-21
9-15
20c
(irregular)
Raybestos-Manhattan,
Rayonier.
Inc.
9-
8-28
9-15
Sl'A
Pyrene Manufacturing Co.
Corp.
8-28
9-30
,
Sl'A
—
(quar.)—,————....
1
Bakeries
8-14
9-30
$ 13A
(quar.)
pfd.
8-14
9-15
$1 Va I
.1
(quar.)
5%
8-14
9-15
25c
—
9-15
$2
i
,
——
9-10
9-
'
50c
$l3/4
.-.i*
Extra
1
8-15
75c
,i
8-20
Public
v
of New Jersey—
(quar.)
2
9-15
:
9-
'
(quar.)
preferred
5%
»■
50c
58'Ac
!—
...—
Common
U
412Ac
—
preferred (monthly)———
preferred
(monthly)—..—
Public Service Co. of Indiana, Inc.—
i
$1'A
(quar.).
(monthly)
6%
4
'
Service
7%
8-31
t$l(4
—
9-10
8-20
8-10
■
•
9-11*/.
5
4334c
(quar.)
1
9- 4
r,
9-30
.
$13A
$1(4
10-
Sl'A
10c
9-1
,
1
Phillips Bump & Tank, class A_—
i Class A L-_4Zwi;Zu-—;:
9-24
10-1
10-
—
Petroleum
Phillips
9-
7 (4 c
Common
$1%
5c
9-12
1
10-20
1
f
common—
preferred (quan.)w^-————
6%
>
Philqo Corporation
8-25"
9-1
1
9-
50c
V
Reliance
$1.27'A
25c
1
1,
1
9-
(quar.),
pfd.
Philadelphia Suburban Water Co.
'*■'<
1-
9-
Light & Power Ltd.—
Scotia
Nu-Enamel
pfd.
7% preferred (quar.)—
pfd. (quar.)—
4(4% preferred (quar.)—
Ohio Public Service Co. 5% pfd, (monthly)6% preferred (monthly);
7% preferred (monthly)—
—
Ohio River Sand, 7% preferred
$1
9-
10-30
$1(4
(quar.)—
preferred
6%
8-31
t25c
8-20.
;
9-
1
Sl'A
Philadelphia Electric Pwr. 8%
9-10
8-17
1
10-
(s-a)——
Phila Germantown & Norristown RR. (quar.)
9-15
1
25c
10-17"
9-10
9-
siy2 .40-
10-17/
1
5
9-5
''
■Sl'A
„—_—,——_
$5; preferred
r
9-
9-10
,40c
(quar..)— Z.^—
pfd,
non-cumulative preferred
Jquar.)—
: 5%
.
V
___—
(quar. )
11-1
50c
$13A
1
8-26
.
11-
$1(4
—
1
8-28
(quar.)
Airlines,
9-
1
8-29
■
,
(quar.)
preferred
10-
9-10
$4 pfd.
(irregular)—
(Wise.)—
25c
9-
Corp.
$5; preference
.,
Co.
$l3/4
.
Phelps Dodge
9-30.
(irregular)— it
Co._^_——.u—
& Co.; Inc. (initial)———
(Charles)
Pfizer
Inc.
Power
&
Philadelphia >Co. ;$6
8-31
9-
9-25
8-20
9-15
;
9-10
8-31
9-15
f
1
9-10
Heat
Brewing
9-11-
1
10-15
>
9-10
10-
v-i 0 CO
1
9-19
Pfeiffer
8-15
10-15
9-
8-20
8-29
10-
25c
.,
(s-a)
(quar.)—,/—,—
9-15
Inc. (resumed)———_
Northwestern Public Service, 7% pfd. (quar.)
5%
Northwest
;■
.
———^
"
:
35c
8-15
com.
(quar.)^
Water & Elec.
Northeastern
9-10
9-30
1
Insurance
$4c
(quar.i— *—-—
(quar,)
Exploration,
Petroleum'
11-10
(Payment is subject to approval of
River
North
1
25C
1
1
—-
preferred
1
9-21
9-15
for
(quar.)
preferred (quar.)—Z——_;—————
53A%
:
SI3/'4
25c
10-
25c
25c
American
North
8-20
99-
Sl'A
8
9-25
9-30
,
8-7,
1
9-
1-4312-20
t$lS/8
Sl'A
div.)
com.
25c
9-15
25c
—_—
(quar.)
(stock
com.
9*
15c
.
(interim)
Ry.
Co.
of
$1(4
Vauey Public Service
preferred A (quar.)
Mississippi
7%
1-
50c
—
$2 conv. pref
pfd. (quar.)
Miller & Hart $1 prior pref. (quar.)
Miller Tool & Mfg. (initial)——:
—
Minneapolis Gas Light Co., 6% pfd. (quar.)_
5'/2% preferred (quar.)
$5.10 1st preferred (quar.)
—
5% preferred (quar.)
—
Minneapolis-Honeywell Regulator Co.—
4% preferred B (quar.)
—
preferred C (quar.)
Midwest
Western
1
;
(quar.)--—1
(quar,).
common
preferred
'
Ltd.
Mines.,
Co.,
Petroleum
$1(4
t50c
i*.:
10-
9-2
,
(quar.)——
9-15
35c
9-15
$1(4
class A
1
10-1
50c
(quar.)—
9-15
10-
25c
(Del.)—
"A?
Mines, Ltd.
&
each
62'Ac
/.—
1
Niles-Bement-Pond
1
10-
pfd.
30c
^-v
1
9-
87'Ac
►
preferred (quar.)
Bridge Co., Ltd
preferred
6%
9-
$1'A
4 V4 %
;
12-
—;———$1.27(4
Co
Niagara Share Corp.
129-
..
Lower Arch
5
12-1
(quar.)
;.—
convertible
$5
Niagara
5
9-15
8-15
Milk
Provincial
Corp.—;
—
Common
9-
12-5
9-10
1
Newport News Shipbuilding & Dry Dock—
12-
30c
Pet
9-30
9-
:
(Ohio)
Co.
Mining
-
York Transit
25c
(St. Louis)
—_
Machine
8-15
Perron Gold
12-17
Gas—
&
(quar.)
preferred
Telephone
Nineteen Hundred Corp.,
Sl'A
Mesta
1
8-15
9" 1
30c
—!
Mercantue-Commdrce Bk. & Tr.
Quarterly
9-
1
5.10%
25c
(quar.)
5% preferred (quar.)
.6% preferred (quar.)
6% preferred (quar.)
5%
Newark
Newmont
9-21
9-17.
9-28
12-28
Power Co.—
preferred
Electric
8-11
10-
Co., 7% pfd. (quar.)
Prentice-Hall, Inc., common
$3
preferred
(quar.)—
8-31
9-15
$6
Peoples Water & Gas
Preferred
State
8-31
1
$1 'A
.
9-10
non-cumulative
; 8-1
9-
$1
——
8-15
8-15
35c
12-11,
Quarterly
.
1
York
1
9-15
,
:
9-30
8-15
$62'Ac
9-11
1
$l3/4
Peoples Drug'Stores (irregular)-,——:
Peoples National Bank (Seattle, Wash.)—
8-15
7
'
—_—__
—
2-5-43
Sl'A
(quar.)
9-
9-15
9-
$5 preferred
Powdrell
9-10
SI'A
8
9-16
9-10
5c
8-
1
25c
—
—
(quar.;-————
1
10-
25c
Inc.—
Maryland Fund,
Masonite
$1.27'A
—
& Ogdensburg
&
8-31
(quar.) —
Pennsylvania,Water & Power, com. (quar.)-
Electric Power,
Elec. Light
9-15
Pennsylvania State Water, $7 pfd.
Potomac
(quar.)
9-
pfd. A (quar.)_
Pennsylvania Salt Mfg
Portland
Queens
9-15
preferred series A__—-----
$7, convertible
.(
Pennsylvania Electric, 5.10%
8-10
3
8-12
&
Y.
11-
5
11-15
2-15-43
30c
t50c
8-12
(reduced)—
& Light, $6 pfd. (quar.)
12-15
35c
pfd. class A(quar.)
$1.20
8-12
—
9-15
2-43
1-
50c
1
9-
1
Pennsylvania-Dixie Cement Corp.—
9-1-
1
Common
1
'9-
8-14
1
„
S/f preferred A (quar. 1
9-30
$$1'A
8-15'
1
Power
9-10
9-14
10r
v'. 35c
9-
Jersey
9-21
(quar.)-————-
Switch,
9-
common
New,England Tel. & Tel.
New
8-28
,
(quar.)-—
1
;
,9-
Cordage,
9-10
—Z_-_
preferred (quar.)—..—$13A
(J. J.) Co., common (quar.)—.,. '
60c
7%
8-24
.$lc
j
75c
class B.„_——25c
Common
8-31
1.
tSl'A
—
25c
3
12-15.
$1(4
$1(4
$1(4
New Jersey Zinc Co. (irregular)
50c
Newport Electric Corp. (irregular)—30c
1
8-31
10-
—
8-31
1
12-31
50c
(quarterly)
$1,40 class;A
9-
-
.
1-14-43
(quar.).—'—
Telephone
8-26
8-31
9-15
Inc.—.
Penn Elec.
'
9-15
25c
tlOc
/,
50c
25c
class A
(irregular)———
8-20
.9-15
(quar.)__^
Ltd.,
Ford,
|$1.40 class:A
•.
9-1.
.
$2 partic.
8-20
1
25c
8-31
9-
Newberry
25c
.
——.——
Casualty
.
Perkins Machine & Gear
8-31
50c
-
\
—
(quar.)—,
Amsterdam
25c
25c
L*.
Brothers
Nestle-Le. Mur Co.
8-29
$3c ;
Garden
(quar.)
preferred
5'/p
Neisner
(quar.)
preferred
8-24
1
$1%
■
9-
>
$134
$lVa
$1'A
$1'A
(quar.)—
———
5%
Co.
New
11-28
pfd.
preferred (quar.)
Neiman-Marcus
8-31
8-31
7%
Co.
8-15
11-30
8-21
,
1
'
•
Peabpdy Coal Co. 6%
8-25
$1'A
$1
(s-a)—
!—
———
—
Nebraska. Power
8-31
$55'Ac
(quar.)
Dredging ——U-i——:
Square
Extra
.
—
Co.
Insurance
Fire
9-15
433,4c
—
(quar.)——
Ltd.
7-15
43 3/4 c
(quar.)
pref.
—_—
Porcupine Mines,
McKenzie Red Lake
Madison
7%
(quar.)_
12-22
9-1
preferred (quar.)—
preferred (quar.)
—
51.31 Va
Gas & Elec. 5'/4% pfd. (quar.).
$8c
Macassa Mines, Ltd.
(quar.)——,—— i,
;•
$25c
MacLaren Power & Paper Co
„———
6'A%
r6'A%
9-21
Union
9-
9-
$1
(quar.)-
Mines, Ltd. (interim)
preferred—-.^---
Paymaster
9-15
t$I%
tSl'A
prior pfd..^
preferred
prior
"
1
10-
$1*8
$1%
Luzerne Co.
1%
6%
National
Consoh
8-15
&
8-24
9-
75c
*
8-15
25c
.
(Pa.), 5V'2%
National Supply Co.
6%
Lunkenheimer Co.—
McClatchy
1*
9-15,
10c
Manufacturing Associates
Ludlow
7%
8-15
-
Consol., Inc.—
S,
common
Patterson-Sargent Co.
25c
.
1
25c
9,
..
,5% participating preferred
•./. Participating
_
,/
1
12-31
9-10
27'/2C
$2'A
$3 V2
pfd. (s-a)— —
(s-a)—'
8-20
9-
10-
9-11
.
——;—_/
——
Service,
preferred
$7
(quar.)
(quar.)
Linen
(Nashville, y
Co.
Ins.
1
9-
$1%
9-15
»/;■'$1%
$l1/2
(quar.)__:
B
Accident
&
9-21
9-
common
Manufacturing'Co.,
preferred (quar.)
1
10-
-
(quar.)—
A
1
9-
75c
(quar.)
is 3s 9d,. payment made in U.
9-1
9,
tSl'Ac-
9-17
25C
pfd.
conv.
Peterborough RR.t fNashau, N. H.)
Corp.
preferred
Nat'l
$2
(quar,)——.——
1
10-
1-2-43
$iy2
/> $1V2
25c
—;
(quar.)/.——.'IiAA--
preferred
preferred
6%
8-31
Longhorn; Portland Cement Co.—
j. 5%
participating preferred (quar.)
Participating
1,
1
'
-
—
9-15
10-
(quar.)
currency
Paton
8-31.
.
$1
9-30
11-10
9-15
12VaO
National Automotive Fibres 6% pref. (quar.i
15c
6% preferred iquar.)——
! 15c
National Bearings Metals Common———
25c
National Biscuit Co.———--1—30c
National Brush Co. (quar.)—; \ 10c/
National Cash Register (quar.)—25c
National Casualty (Detroit)
(quar.)
'
•
25c
National City Lines, common (quar.)..
,25c
Class A
(quar.)—
—
50c
$3 conv. preferred (quar.)—1——n' 75(5
National Container Corp. "(Del.)
25c
National Discount Corp., com; (redu. quar.)_i»
-40c
5% preferred (quar.)
;
$1'A
National Elec. Welding Machine Co.
(quar.)
2c
National Folding Box, common
(irreg.)
' :
25c
Common
(irregular)
50c
National Gypsum Co., $4.50 pfd;
(quar.) —
$l'/»
National Lead Co., .common
(quar.)—'
;12V2C
$25c
$1
1
Dividend
,
9-30
of America—
Co.
Nash-Kelvinator
—.
—
preferred
12-
——
preferred (quar.)
1
Nachman-Springfilled Corp/
Nanaimo-Duncan Utilities, Ltd.—
8-10
9-1
$25c
—
—
common—
-Common
'8%
10-26
1
9-12
$1%
"
B
9-.1
11-
30C.
•
Joint
9-11
37'Ac
,
Class
8-11
1
87'Ac
Original capital (quar.).——
.—:
Original capital (quar.)
-—
'-Special guaranteed (quar.)
Special guaranteed (quar.)
..
—
Loblaw Groceterias, Inc.fr.
Loblaw Groceterias, Ltd., class A (quar.) —
Lock
1
11-10
8-22
6%
9-15
11-10.
1
1
6%
9-
1
12-
9-
8-11
Chemical
1
•
$ 1V2
(quar.)j;
10-
12'Ac
75c
35c
9- .1
25c
___
12-
$5.50 pfd. iquar.)_z—
Patino Mines & Enterprises
2
Mutual
10"
8-10
10-
8-21
!
Parkersburg Rig & Reel
1
(Common
8-1
8-31
8-31/
9-
Peninsular
,
25c
—
8-31
9-15
Co.
9-18
1
6xfi'M
>
9-15
Proof
Rust
8-17
9-10
A
Parker
9-29
9-
9-15
$2. class
8-26
1
10-
Sl'A
(quar.)
(quar.)_,
8-31
preferred (quar.)„
Muskegon Motor Specialties Co.—1
10-15
•
50c
Mutual Bank & Trust Co. (St. LouisMquar.)
50c
Quarterly,.—»*-50c
Wayne) —
Liquid Carbonic Corp., common
4'A7e preferred A (quar.)
'
Muskegon Piston Ring Co.: (irregular)———
1
1
Co.
Penick
,
9-10
9-28
25c
6%
9-
Inc.';
9-15
50c
(quar.)_^.,
Parker Pen
-
$1'A
—
—
Tilford,
8-20
Peck, Stow & WLcox
——
quar.)
Park &
1
9-1
Muskogee Co.- 6%
9-
75c
(quar.)
Lionel Corporation
:
8-22.,
1
9-
37'Ac
(quar.)
(quar.)_.
preferred
1st preferred
6%
1
9-
9-
9-30
75c
(quar.).
preferred
6'A%
,
8%
(irregular)
preferred
8-10
9-15
9-
\
Corp., $7 preferred-.
1
$1
common
9-15
1
15c
————
common
"
Inc.
(G.,C.), 5%
Common
(reduced
Murphy
9-14/
1
10-15
9-15
40c
(quar.)—__—
Service Corp. of Texas $5 pfd. (s-a)__
Linen
Water Works,
Munsingwear,
12-24
25c
preferred
.>7%
Mullins Manufacturing
$1%
(quar.)—,
(quar.)
——_——
8-15
9-5
1
1
10-
u/.
(quar.)
25c
$1'A
20c
$l'/a
lc
t$3'A
$2
..
$1
(irregular)———————
9-19
12-31
$1%
common
(quar.)—
1
$iy8
prior preferred
6%
preferred
11-
preferred
Paramount Pictures, Inc.
$1V2
Co.——•
Finance Corp. common (quar;)———
9-30
25C
(quar.)—..
preferred (quar.)—
7°/o
-
.
P.)
Motor Wheel Corp.
(Washington, D. C.)—
Corp.
(quarterly)
tJ.
Muncie
.
(Ft.
(quar.)——«*.
Motors
$3
—
—
—
(quar.)
participating preferred (final)
$5
8-21
50c
(quar.)
(s-a)—
(s-a)—
Mortgage Co.
Participating
25c
$1
i-
——...
Acceptance Co., 6'/o pfd. (quar.l.K
Mount Diablo Oil Mng. & Devel. Co. (quar.)
9-
$20c
1
(quar. )■—
common
Dry Goods Co.
R.)
8-22
.
Quarterly
;
——
Moran Towing Corp. 1% partic. pfd.--—.—
5
11-16
30c
Lincoln
(W.
$50c
—•
—■
Natl. Life Ins. Co.
Common
preferred C
15c
preferred iquar.i
Lincoln Service
$4
Montreal Loan &
25c
com.
Lily-Tulip Cup
Lincoln
1
10-
$1%
(accum.)—:—
(quar.)—
4%
1
9-
8
of Rec
8-20
9-
$$iy4
Page-Hershey Tubes, Ltd. (quar.)__,
Paraffine Cos. common (quar.).:
8-21
9-
34%c
t$l
t$l%'.
50c
$2.25
$2.25
/ $2
3IV4C
$1V2$1'A
35c
,6c
12c
(quar.)
——u—.
(s-a)
$4.50 preferred B
10-
$l3/4
(accum.)
pfd.
Ltd., common
(quar.)
Chemical Co.,
$4.50 preferred A
Motor
Liggett & Myers Tobacco common
Class B common
(quar.)__
7%
8-15
1
50c
Package Machinery Co
8-21
-
9-10
.
Society, 5'/2%
Cottons,
Monsanto
8-15
1
Moore
Candy Stores
Corp.
Savers
1
9-
11-
9-
8-15
1
Payable
share
Company
Holders
When
Per
Name of
of Rec.
1
9-
(Mass.) (s-a)——
$1'A
(reduced)
——50c
preferred
$15c
.
Life
Montreal
1
8-15
9-
37'4c
—-—•
—•-—
Inc.
9-
1
9-
Tool
Machine
Loan
Monroe
25c
Manufacturing
Tourneau,
9-
$30c
(reduced quar.).—
$4'A conv. preferred (quar.)
;
Lexington Water, T/o preferred (quar.) —
Libby-Owens-Ford Glass _—
r.
....
Life & Casualty Insur. Co.
(Tenn,) (quar.)
Le
9-15
$$1%
(quar.)
—
Corp—
—.
Lawyers Title Insurance Co. (Richmond, Va.)
6% preferred
(s-ai—
—.
Lee (H. D.) Mercantile Co. (quar.)
__
Lehigh Portland Cement Co. 4% pfd, (quar.)
Salt
12-24
$l'/4
Cap Gold Mining
Leslie
1-1-43
Monarch
$10c
Monotype Machine Co
Second
9-22
■
——
LangJey's, Ltd.—
7% convertible preference
,7%
convertible preference
Laura
1
$1 '4
preferred (quar.)_
7% preferred (quar.)—
Lane, Bryant, Inc. (quar.)w———w
Lava
1
10-
1
Monarch Life Ins. Co.
7"h
Lanston
11-
9-18
10-16
$iy2
—
(quar.)
Lane-Wells Co.
8-11
1
10-
$1%
—
(quar.).,.
Frary & Clark
Landis Machine Co.—
Landers,
j,
9-
$l»/a
(quar.) ..
6%
(quar.)
Lake Shore Mines, Ltd.
(quar.)
■Lake Superior District Power, 5% pfd. (quar.)
Lake of the Woods Milling, com. (interim)—
Common
8-21
50c
preferred
preferred
i
8-21
9-14
Clay Products Co.—
Laclede-Christy
.6%
9-14
15c
common
Payable
Missouri Utilities, common—.
—
25c
5% preferred (quar.)
—
$l'/4
Mobile Gas Service Corp. 6% pfd. (quar.)—.,.
$1V2
Mock Judson Voehringer Co.—
—25c
Mohawk Carpet Mills, Inc..
50c
Moline Pressed Steel class A part. (quar.)_
2'Ac
8-28
9-11
Name of Company
Holders
When
Per
share
Holders
Payable
30c
Company (quar.)_
Kresge (S. S.)
When
share
of Company
Name
.
Monday, August 31, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
744
9-15
8-31
37'Ac
9-
8-20
Sl'A
9-
1
8-14
$1'A
9-
1
8-14
Sl'A
9-
1
8-14
8-31
8-18
8-31
8-18
tsiy4
'"Sl'A
v
1
5
,
Volume
THE COMMERCIAL
Number 4103
156
Holders
Per
Name of
Rolland
share
Company
When
Payable
Ruud
Manufacturing
(reduced!
Joseph Leal Co
6
&
Electric
8-15
Title
9-1
7-31
Tobacco
9-15
8-31
15c
Power
"C"
debenture
7Va ','c
debenture
debenture
8%
Scott
r
Paper
$4
preferred
Roebuck
&
Seattle
8-11
Tom
1
9-10
Trane
Brewing
Second
Canadian
$1%
10-
1
*9-10
Ltd.,
4%
partic.
10-
9-15
8-31
$1
50c
i
9-10
Union
9-
6%
preferred
v'"'9^.-1
110c
;
(quar.),__^_____.„___.
A 8-15i
Corp.
class
15c
10-1
137 y2c
10-1
v
._v
:
75c
9-10
9-
5
8-31
' :■
8-25
;
U.
9-15
8-25
25c
9-15"
8-25 ;i
25c
Servel, Inc. (quar,)—.
Shattuck, iP. G.) Co. (quar.^—-i-J———i'jj.:.
Co.
9-
10c
}
9-
$iy2
9-
5%
Simonds Saw & Steel—
Siscoe
1'
Skelly Oil Co,
I
lC,
v,
:ii
>
9-15
South
American
South
Bend
Lathe
&
2nd
preferred
r_,i
I
&
California
B
preferred
Spiegel; Inc.,
Spring Valley
'
"
>
Life
(E.
National
Standard
Oil
of
Standard"'-Oil
$iy2
8-31
$1%.
9-
37y2c
9-1
*. 30c
:-k 9-
(quar.)'1 %-i 35c
"V
.- -
$2
;
U,
35c
:
;
Wholesale
Phosphate
' &
Acid
Ltd., common
.•
V.
:
v:
9-1
V
»,
9-30
■
I
8-15
.
;•
10-
$iy4
10-
1
9-
1
Swift
$1%
(quar.)
20C
—
9-
A
Company
8-25
"*
"A
v.
v.
9-19
Ltd—
preferred
8-20
v
9-15
.
' vi-.
;
."
8-15
Mills.
Tex-O-Kan
Flour
Mexico
Quarterly
8-29
1
/ 8-15
10-
1
7'k
Coal
&
Oil
A,
9-30 A
A
9-30
SI >/4 :
11-2
10-
•
25c
AA
Tilo
-Roofing
Co.
common
A.
A
/,
9-15
$1%
I35C
1 A
:
-
$6 pfd.
Inc.
1
9-15
1
9-15
1
8-15
10-
1
9-
1
8-11
20c
(quar.),A,___A
9-10
8-31
10-1
A25c
I-2-43
'/ $134
$iy2 a
(quar.)__
(quar.).__-A,Ai.u_,.,A
a
Co. ':(quar,)A__.
8-20
'
9-10
8-25
A
2-25-43 "
6-10-43
5-25-43
$iy4
■-
11-25
10-15
10-
Wood
15!43
A
.'! 7%" preferred
15-43
4-2-43
7 -15-43a
4
A 8-31
9-15
(F.
'9-1
$iy2
8-21
10c
9-
A
1
8-15
8-31
75c
10-
'
10-
1
10-
t$i%
"90c
9-
Yale
9-
I'
8-
1
50c
9-
:9-
•
i
$1%
25c
5%%
r
p
V
■
Mines,
-;:/$iy2
,
a
*50c
37 %c
9-21
9-24
9-
11-
preferred
A
5
1
8-26
25c
9-
1
8-20"
___
25c
10-
1
25c
11-
2
A_
•
9-19
10-20
"
;
12-1 "
25c
$1%
10-
11-20
1'
9-19
'
8-31
10c
(auar.lA-
15C
10-
8-21
1
A 9-10
*•.l?
'/
9-15
50c
quar.)
10-
$1%
(quar.)
i
c."
8-22
/
1
9-
5A
Institution-
Mercantile
9-15
50c
tPayable
resident
12-15
'
9-
12-
5
5-
In
tax,
Canadian
funds,
15%; resident tax. 2%
A
.
A,
•;
at
Less British
a
.
a
.
.
deductible
tax
the
-A
v
Nob*-
source.'
income tax.
1
8-17
Transacted
8-15
a
V/8-31
".' 8-20
:
2
5-1-43
;
.
University Trust Co.,'Cambridge
,
,
Bonds
,
4-17-43
7-17-43
Per Cent
Associated Gas & Electric Corp., deb. 4V2s, June, 1973,
$1,500
10-17
37'/2C
10
Wednesday,
on
a
'A/a/aa.; v/AAStocks../;aA;,' aaa.AAA'. $ per share
($100 par)'X!A/l!!Apl:A!::.:A': 26
1
1-16-43
37y2c 8- 2-43
/
Shares
''
9-15
2-1-43
by H, L. Day & Co., Boston
Aug. 26:
8-15"
37'/2C
A-
AAA
Co.
5
9-
10-
(monthly)
_ __
9-
9-15
$iy8
noc
Sheet & Tube—: vAAv A/M'.,
Co-operative
8-10
9-15
12-1
9-1
.
A
(quar.)
(quar.)
common
Manufacturing
(reduced
1
8-14'
9-1
:
Ltd.
tOn account of accumulated dividends.
8-19
9-25
y
9-
,
;
8-i9
50c "a';9-"1a
$iy2
40c
A'Transfer books not closed for this dividend.
.
9-11
9-10
12-101
J5c
8-20
a/ »'■/ 50c
8-20
9-21 • :A
AA
9^1 A:
5
P'i
$l3/4
9-16
9-3
Quarterly
8-20
A
9-1
62M-C a
(quar.)!—-A-—
1.
,V
a/a $1
$l3/4
8-26
r
8-15
,
A.
a.
$1%
9-11
A 9-16
9-28
$iV«
9-20
12-21
1
9-1
•50c
r-,
1
1-1-43
40c
A
,i„
I
Towne
Common
1
a 10-
62'/2c '
A
a.—
-A—_^aaj.
&
Zion's
62y2c
1
9-28
A-
(monthly)
Youngstown
1
9-10
f
1
9-
50c
Machinery Corp.—
9-15
■>
10-
12'/2C "
aa,
:
(monthly)
,___—
A
A_ ,A
Wurlitzer (Rudolph) Co., 7%
pfd.: (quar.)vA
>• Common AA-AAr.A_____Ai._A_,'__Ai.A__JA_
12-29
1
t$iy2
'
10-'
15c
9-11"
25c
(quar.)
prior preferred
convertible
•
t$2
10-15
10-1
"
(quar.)
prior preferred
'ACommon
9-28
A
A
A,-
pfd.
(quar.)
"AA Common
8-15
A:
1
1-1-43
A'a._ A,
Co
&
Common (monthly)'
A
■
$2'/2c
8-15
10-31
$13/4'a
Wrigley (Wnj.) Jr. & Co.
:AAA-: -*
10-15
1
25c
,
Co
W.)
Pump
Wright-Hargreaves
A a,,
.A
y2 %
4y2%
'9-31
•
__________
(quar.i
Governor
Worthington
7-2-43
9-15
____
2
9-
$1.18%
"
1-2-43
4
30c
aL, AAA,., AAAAA__
II-
•
10-15
$iy2
(quar.)
9-15
12-15 A
2
AA
:
(Gar) Industries, Inc;, 5%
Wool worth
1
$iy4
A
Co.—
Woodward & Lothrop, common
Woodward
$i»/4
43 %c
Company
2
$iy4
-
Oil
Ex t ra'
12-10
Power
9-12
11-
$iy2 a
$1:
Electric
8-25
9-15
9-
: '
$3
4%%/ preferred (quar.)
6% preferred (1897) (quar.)
..
3-10-43
40C
(quar )—
(quar.)
coupon June,-1940,
$1,500
& sub on__
14y2 flat
Associated Gas & Electric Corp., deb 5s, June,
coupon June, 1940, & sub on__
1973,
Ay
•
,
FOREIGN
EXCHANGE
RATES
50c
t $ 1 %.;•
A
A
9-15
f
.A
and
10-1
V
9-15
W-
TO AUG.
"•'
9-
1
9-
1
...
9-
A"
v
_
147/8 flat
y.;''//
A
-
.297733*
'
A- $
8-20
v.:
8-11
99-
3
9-15
9-
9-
9-
1
9-15
-
A... 9--15. L.
(British),
Free
New
•
9-
4
-'
A*,
':
yA
/
$
A.297733*
.237044*
3.228000 i,
3.215033
.050580*
/ •AA, .090-980*
..//■; .051422*
.051422*
'
.051422*
.051412*
.909090
.909090
Ay
.060580*
.060580*
:
;//
.051422*
A
.909090
.909090
.909090
.893828
.893906
.893359
.890625
.889921
.571666*
.571775*
.571575*
.571400*
.571400*
*
4.035000
4.035000
________
.301215
rupee__-*___
4.035000
4.035000
4.035000
4.035000
4.035000
4.035000
4.035000
.301215
"
4.035000
4.035000
■
.301215
.301215
.301215
.301215
.205675
.205675
.205675
.909090
.909090
.205675
.205675
.205675
.909090
A___
.909090
.909090
Union
.892500
—
Zealand,
-
pound/_"_______.
pound,
3.980000
.887916
.P0QQ90
-
.891458
.891458
.890833
3.227833
'
3.227833
of South Africa,
•
3.227833
3.227833
3.227833
3.227833
3.980000
3.980000
3.980000
3.980000
3.980000
.887500
Uruguay, peso—
8-25
8-25
—
•
-
A
Controlled
"Noncontrolled__
!
9-10
3.215033
•
_
4.035000
Free___.
.
8-10
*.
.237044*
3.228000
,/Av.
.571800*
Official—
1
1
9-
/
3.215033
3.215033
.060580*1
.909090
peso.
Mexico, peso
1
10-
'
Newfoundland, dollar—
8-12
9-15
v-
^'vA'
Aug. 27
Aug. 26
3.228000
-
1
9-1
•
A A
"
York
.297733*
.237044*
.237044*
.051422*;
Official.
India
9*
9-15
1930
'-/"A*
.845000
Colomb'a,
8-15
1
OF
',///.
.297733*
3.228000
; 3.215033
A ,A
Aug. 25
rA!-.vV
3.228000
v
ACT
' AX / ,rA'A."" V
Cable Transfers in New
Aug. 24
$ :
Aug. 22
.237044*;-;/
V":
for
TARIFF
.
OfficiaL____A_—__—
1
15c
50c
Rate
.
.
UNDER
Value in United States Money
.
.060580*
-
—
Canada, dollar—
Buying
AaAA,
.297733*
.237044*
,
TREASURY
i94^INCLUSIVE'"V:v:';:A ^;
$
:
3.228000
4
9-
$1%
.v,35c
A
$/' ;/y;/y::"
A.297733*
pound—
/
Free
8-29
9-29 A
•
50c
15c
Official
*
TO
England, pound sterling—
9-
10c
25c
AustraPa,
Brazil, milreis—
Official____—___i—
9-11
A
27,
a
3.215033
5
8-11
9-15 A
"
$1%
(irregular)..!-—
21
BANK
RESERVE
Monetary Unit
Official_________*—_______
'
A
FEDERAL
A'-V
9-10
9-28
75c
(quar.)———
—
BY
Argentina,* peso—
9-15
9-
9-'l
10c
(quar.)————
(interim)-——-—-—
CERTIFIED
Noon
Country
"
a
8-24
1
-A
■
50c
'
■
Inci
9-19
•
5
8-
1
10-
$1%
Extra
Wisconsin
9-15
8-10
10-
$1
,
(quar.)
Hosiery
8-31*
1
40c
(quar.)„—j————
common
(quar.)
Quarterly:, ,AA______A_—
Winsted
11-30*
9-17
9-15 4
10-
$1%
.,$1.40 convertible preferred, (qqar.)—
Time,
8-4
AA
9-15
9-15
25c
410c
Products, Inc. common
convertible preferred
(quar.)—^——-1
Oil
Wilsil, Ltd.
10.w
$iy4
(quar.)__,_
1
9-15
25c
:
1
9-
$iy2 A,A:
(reduced)..
8-27
9-12 4
9-
35c
(s-a)
(W.), 7%/ preferred
9-19
.
Thompson
$5
Willson
Aug. 21
-
>10-1 "A,:
68 %c
'•
preferred——
Co.,
1%, pfd.
preferred rquar.)A_^.—
Thew Shovel, 7r» preferred
(quar.)-_—
Thomson Electric Welding. Co———
;
9-21
A 9-15
10-
9-30 4---'
A
10c
•
$3
Tide water Associated
William sport Water,
8-14
25c
& Land Co.__—•
Co.
9-15
12-21
9-30
V:
—————
Pacific
Whitman
A
pfd.
9-10
10-1
t25c
8-15
9-15
Corp.A_i.___i..,
(quar.)___.
common
common
Grocers
Products,
9-1
•
50c
(quar.)
White
Villa
9-15
$1
1
9-15
"a Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week just passed:
A' 9-21
1-2-43
J5c
(quar.)-———
Utilities
'6%- preferred
/ 9- 1 A ;
25c
pfd—;
———A—--
Texas-New
common:
Paper
preferred
1
t20c
prior preferred
9-15
1
AUG.
25C
Co.
7%
10-
25c
8-15
/•
8-29
/
'
Sulphur
Whltaker
8-15 A
9-15
'
8-25
J5c
—
(quar.i
9-15
8-25
'9-
'
Products
6%
9-15
3
9-15
25c
—,
(quar.)
Corp.,
convertible
12-19
A———,, i'A'A 75c
preferred (quar.)
preferred (quar.)
-6%
•
8-15
-
9-
50c
$1%
Corporation
'
$5
Steel
9-
8-8
•
$1V4
(quar.) ——;
Telephone Bond & Share Co. 7%' 1st
Co.
8-15
9-15
40c
I
(redUceui_..A——
Co.
,_V
9-20
9-15
9-15
Stove Co.!—'
Gold Mines, Ltd. :(interim)
Halite Water Works, 1% pfd. (quar.)_
Gulf
Electric,
40c
'
preferred'.(quar.):———'i——-:
-6%
-
8-15
,
,
10- 1
A
Inc." (reduced) —"
Texas
Wheeling
Wheeling
Wiser
(quar.) AAA—:
Machine,Tool UO— ji-i.
Virginian Railway
8-20
:
.
9-30
'A 30c
Tappan
Texas
Chlorine
7-31 A
A.
Westvaco
8-20
lc
(Irregular)
Ltd.
7-31
50C
common——.
•
10-
2c
;$1
v—.-'—i'.
Te.ck-Hughes
Tennessee
Insurance
1st preferred
"""-''.6%".
9-15 ;./:*■ 9-1
*/
15c
'
Thermo'd
9-15
Coal
9-15
1
30c
-
(monthly)_________
(George),
,v
.
/Virginia Fire & Marine Ins; Co,A(sta
9-19
.
9-15
30c
—Class A ;(quar.)-i————-t——
5rfr. preferred (quar.)_—
Talcott (James 1, Inc: common——!—-—-—
participating
5
'
Virginia Electric & Power Co., $6 pfd. (quar.)
9-19
t
9-1
UVaC
(quar.i—
Co.,
9-
A
50c
.Vanadium-Alloys Steel) COA—
1———*
Vapor Car Heating Co., 7'U. pref. (quar.)—
X7 %, preferred; (quar.i.j.
•
i__.
A_
■
Oil
Westinghouse Air Brake Co._
Westmoreland, Inc. (quar.)
_A_i.__.__
(quar.
''
preferred ;AAAA-:—r.^._:^i!Ai—AA——'
7%
9-15
V
25C
:
certificates- (quar,)^—
Sycamore-Hammond Realty— li-'-.j.A
6V2% preferred (quar.)—————
6Va% preferred jquar.)—w—1—+ (
Sylvanite Gold Mines, Ltd. (quar.)..
Common
bearer shares
(quar.)
Tacony-Palmyra Bridge Co., common, iquar.t"
Texon
5
1
9-
2l/2C
(quar.)
Co.
Electric' Instrument.
■
»
9-1
•
25c
International
Texas
9-
Exploration
Grocer
8-15
10-
'
-
—i.—
f;;Deposit,
•
Westgate-Greenland Oil
•
quar.)______
1
.
-----
&
10-1
$l'/4
A
————-
—
Paper
Swift
j
7
Weston
■Av 50c
Ventures, Ltd, (interim)
1
•
^ v9-i)>A
A>-Vick-Chemicai,'CoA: (quar,)A—A4AiA:4AAAAA7A4 '0'
Virginia Coal & Iron Co.; (irregular) —i— :;
"
9-16
1
Sl'/2
Ltd.-':'--dL^J!l-Ll,^-^-i--iw^4^.i' ;f
Mining Co. (reduced)———t-'
Sutherland
Terre
Western
8-
Westmoreland
X;:
i
Van Raalts Co., Inc;-common——_4_—
...
9-30
8-31
:
Oils,
Talon,
9-19
1
9-21
$134
Canada Mines, LtdA—AAk—i—.AAAaA
Michigan Power & Light— ;
* '
•
preferred (quar.)—
$5.50 prior, preferred
8-31
4
10-1
8-31
—■
(quar.)
Co.,
preferred
Wallpaper Factories—- '""
prior preferred (quar.)_^.
! ^v9-"l'V, AA Van .Norman
1
12y2c
(quar.)—--—
participating preferred
Company
Tobacco
Valley Mould & Iron,
..
.
8-28
-
f..5 Vi'%
1
(reduced
8-31
—
•
Participating
States
non-cumulative
.'.'"'•$7
i2-3i y .12-17
10-
25c
Supply
8-31
—
Upressit Metal Cap; 8%' preferred—
i—Au
Utah Power & Lighfcy $6 preferred.i .AAi-AiA
-
8-15
25c
9-
$1
9-15
9-
10-
9-20 i
9-30
$iy4
Auto
8
8-15
43 %c
Western
8-
1
9-
$1
(s-a),___.
8-20
-
I2VaC
.
"
8-31
(quar.).
West Virginia Pulp & Paper Co.„__.___.____
9-30
;
(quar.)
4—*
(quar.)-A*—_A-A
(quar.)_--,AAiv'AA_A4L----AAAlA.
preferred
6%
"v'" 9-1
:
preferred
preferred
preferred
8-15
„
■
pfd. A (quar.i—A
•%» -6% ^preferred (quar.)„A
8-25
•
t
9-15
U5c
.
—
(quar.)—.
Stromberg-Carlson Tel. Mfg.— *
6V2% preferred ,(quar.)_:——
Stuart (D.-A.)
Oil Co., Ltd.—.
.<
5%
A 8-15
J25c
—A
conv,
United
4 '10-15
,9-10
Indies Sugar,
9-30
pfd. A (quar.)—.
-A Upper
ArA Upper
•.
40c
.
—_
prior preference A (quar.)—-
8-15
25c
West Michigan Steel Foundry—
1
$1.75 convertible preferred
3
10c
•;
(quar ) a——1——
pfd. A (quar.i
pfd. A (quar:)
-Universal
—
8-22
'
preferred
Co
conv.
I.— 6 %.
,
Strawbridge & Clothier $5 pfd.
8-25
8-31
(quar.)_._._,__I.
$iy4}
*
conv.
7%
...
•
8-22
.
10-15
v- $iy4
,
West
:
preferred
Weston
;.
States Sugar Corp.—
United
8-21
.
5
175c
(quar.)-_—
preferred iquar.)_JL-_'
Storkline Furniture Corp. iquar.)
■
VA
A
common——
conv.
$5
8-21
9-15
9-
:.*v/4
—-
conv.
8-15
9-15
Co., Inc.—
1
$1%
:
Petroleum
S;
$5
8-25
-
1
130c
Brothers,
8-31
$iya
$l3/4
$6 pfd.
(quar.)
preferred (quar.),.
1
non-cum.
$5
-
'
(quar.)-'_---_——ia-—J
preferred
Sunshine
Co.,
(quar.)
..
*
$1V4
•
Sunset
A
(quar.)
,"$5 preferred :(quar,),—a:^—*.a——'f
;'A
8-15*
1
>37y2c -1 "9-15
(quar.)—
Stecher-Traung Lithograph—
5%
preferred (quar.)——
Oil
pfd,
.
'
60c
-
Sun
7%
Utica Clinton '& Binghamton RR. Co. (irreg.) A
..i'v,'. Utica Knitting Co.—A < i~.y' 'AAAV|;AAv''-"ai
VI 9-251 A AAA 5%
prior preferred •(quar.)lAt!^4-"*VlAi4.A; A
10- 1
AAA 5% prior, preferred (quar^)A—__i_—
12-28 ? 12-24
I
Utilities Stock & Bond (s-a)*—
A ->
9-15
8-15
9-
25c
I
Iftdlana'-'Jquar^iw^ii'i^u^.
(Kansa8)'._-_t™ii_-^'_i;—1_—•'
5
Growers,
participating
participating
participating
6.47(- participating
9-16
10-13
9-1
40c
t$i%y
•"tsiW ■
._
common
i
75c -A 10-1;
Paper Mfg. 6.^5 pfd. (irregular) I—-I
Stoker Co.———t-i——i——___A vvti 25c
i
:t;; 9- 1
Standard
•,.
Improvement
Grain
6.4%
"
A
Corp.,
A——•
preferred
United
8-15
1
Co."(Kr;)^quar;)^I^i^£'i^^? "r;^25c"^•'9-15
Class
Elec.
&
6.4%
9-15; .? 9- 1
;A'> 40c ■>;)'
of CaliforhiaA^-A.i—_
(Ohio)
;
9-14
50c
•-
—
____.
ownership
Power,
& Snowdrift
convertible
Western
-
pfd
7%
c :'
(quar.)
rquar.)iLi_iil'i
5%-'preferred (quar.)
1
9-
V'
Ltd.—r;■
(quar.)—
J75c
preferredl—j___—V—V1:, t$23A
$7
1% preferred (quar.)—.
p
*
8-15
1
9-10
'
;
$iy.:
s
.
9-1
9-
50C
:
9-
.
.
■;
$1%
-
(quar.)-—
$4
Oil
•
8-20
10-15
$l:',8
< quar.
(quar.)
Corp.
Water
9-
$3%:
.
8-20 '
:
I
Co.
Oil
.
9-30
"vr10c
—
*
beneficial
stock,__^„______"„^__,,
Grape Juice, 7%
Wesson
8-10
-
9-15
3iy4c
*
$2y2
22 '/2c
units
common
9-
$2
"
U. S. Pipe & Foundry Co. (quar.)8-15
A \ A Quarterly > —A-—A'i.A
X\ 8-20 A A: U. S. Playing Card Co. (quar.)
U. S. Steel Corp., common
>*8-20
8-31
Standard-' Oil
$5
9A
—
8-31
Standard
6',{>
(s-a)j
common
-
A
preferred
8-15
11-14
,'ACommon
8-14
1
1
I
_'i—_L—
Co.
•
9-
8-15
11-14
of
8-14
9-24
9-
$V/*
'?
•
Oil
.'.Extra
9-15
8-15
—
preferred
6'I-
30c
75c
A
8-15
8-15
8-31
$9
1
1
Participating
;•
Ltd.—
E.?
convertible
Stedman
9-1
8-15
$4.50 conv. pfd. (quar.)__
A ■i,
Co., Ltd. (liquidating)*-.!——
:.'
Standard
A5%
$iy4
1
——i,
Standard Cap & Seal, $1.60 conv, pfd.
Standard Dredging Corp.
Standard
9-1
1
R.)
(A.
Standard
25c
8-14
9-1
9-
1
8-17"
com.—
1
9-
50c
75e
5
1
■
1
9-
9-
50c
(Dallas)
t96y4c
5
9-
:
9-
Washington
9-
37!/2C
Co.
9-15
9-
12-
Welch
(quar.)-^-;-_i_£-_l-,-^:, "a"; 30c
Investments,
Corp.;
Gas
5%
"
•: t
,
(irregularI i_i-i—ii-i—
Ins.
$iy4
(quar.|__,,^_„„^_j.
8-21
8-11'
1
12-
8-27
1
9-15
$iy4
9-15
9-4
9-25
"5': 50c ?!
9-12
& Sons, common---—
■> $iy4. t ill- 2
(quar.) —i
i_—
Mfg. Co., $5 pfd. (quarJ
$iy4 •: '9-21
Standard Accident Insur.- (Detroit)
9- 5
(quar.)
• .62 y2c;
Standard Brands, $4.50 pfd.
$iy8 : v
9-15
(quar.)--i— A<
-
of America,,
Ltd.—VV:A,:i.
Class1 B-(initial)-——A——A—-A—~
•'
3
9-30
•
9- 'ltf.T'
.■/.A. $5 preferred
7%
1
27'/2c
(quar.)
$2%
(quar.),,_,_
!
$l'/4
8-17
—
■6.47)
Co.,
(quar,)
Pipe Line
Standard
common--
9-15
(quar:):,_i.,_„,!u^!^-;_„^
8-15
30c
__________
Edison
Spencer Kellogg & Sons
$1.60
9-
common
8-21
9-15
50c
(quar.)
9-1
A preference
Gas
United
Water Co.—
$5.50 2nd preferred
.
1
$2 5c
(s-a)
9-1
1
—iiiiiii-i—i-i-ii::
Spear & Co. $5.50 1st pfd.
Squibb
10-
9-15
f$l
(quar.),
preferred
$iy4
■■
8-15
Worts—<
5%
25c
(quar.)
130c
.'Spanrln--MiH8'.;tquar,)i^——iii—i—' C
Staiey
$2
pfd.
8-20
9-15
5%: preferred
57o
preferred
/
40c
5%
8-18
9-19
(Northam), $3 preferred (quar.),_„
Washington Railway & Electric, common^AA
1
9-
(quar.)
(quar.)—.—
Phosphate Corp—
Southwestern
.
9-
8-29
9-10
$iy«
&
9-15
(quar.)
preferred
9
8-21
40c
Mills
Mfg. Co.,
9-
1
50c
Warren
9-18
1
37'/2c
'
preferred
Southern
1
10-
1
(quar.)
California
Southern
10-
$1%
(quar.)
10-
'
Paper-—..-
5
5
9-i
1
:.
/
-
(quar.)_
(quar.I
Bag
(quar. t
preferred
(3%
9-
9-
10-10
$10c
Warner Bros. Pictures, Inc.—
$3.85 preferred (quar.)
Warren Foundry & Pipe Co.__,_,_____,
9-1
9-15
9-
;•
-
9-15
5c
$1% '
Co.^ii—0
prefc-rerd ' (quar.ii-i_——
5%
9-
9-10
11 %c
,
7%
3iy.c
(quar.)„
Gooderham
preferred
Ware Shoals
■>
5
9-15
9-14
25c
_
—;
preferred
preferred
6 0-
9-
,/20c
.
75c
-
pfd.iquar.)_v
Platinum
preferred
convertible
Southern
Fuel
class
$5
'
8-12
'
Works
Southern-Advance
7 0-
11-10
9-15-
10c
,
is.—sis
Gold
non-cum.
Southern
11-14
20c
$iy2
—is—
_
-
South Carolina Power Co., $6 1st pfd. (quar.)
Southeastern Greyhound Lines, com. (quar.)
6%
convertible preferred - (quar.;
j" 6%
25c
$1
Wamsutta
(Chicago)—
Corp.
common
Common
8-25
8-
'
:
8-25
preferred A (initial)—t$l
:: 9-15
United Light & Railways Co. (Del,)—
A
6% prior preferred (monthly)
50c
9^ 1
;•
6c/o prior preferred' (monthly)
8-21*
10-1
:.
50c:
53c
9-1
9- 4
i,
6.36rw prior preferred (monthly)—,
' 53c
8-2010- 1
;
6.36% prior preferred (monthly)J
—»
" /
7% prior preferred (monthly)a-j—-AA-A~ • ' v 58y3c:
9- 1
8-29
j:
1%, prior preferred (monthly)
10- 1
58y3c
8-15
United N. J. RR. & Canal Co. (quar.)
9-15
10-10
,A $2y2
United States Gypsum' common;, (qtiar.)—A
50c
8-15
10-1
;
9-15
Sontag Chain Stores, Ltd. 70
$2
Co.
United
8-29
10-15
25c
Sonotone Corporation
6%
9-10
•
Paper Mills 6%
Packing Corporation
Socony-Vacuum Oil
:
v
8-22
.
preferred:,"(s-a)
United
'8-15
.
8-31
pfd,' (quar.)-- ' :"t$iy2
(irregular)..-
(H.)
6%
8-25
1
50c
B__—■»
series
preferred
Envelope
S.
United
8-15
'
8-31
50c
:
Snider
;
convertible
-United Gas
'
8-20
•
9-15
Ltd.—'■&—V-AAA——^*-4; i i$iy2c'
Mines,
5
(Dallas)—..
iHiram)
Common
8-20
9-
9-
(quar.)
Corp.,
Corp.
;V;6%
1
8-29
-
•
.Gold
Smith
9-
40c
r
9-
9-18
■
$iy4
pfd. AAA (quar.) A A
150c
Publishing $3 conv. pfd.
Brewery (quar.):
v':,f'
2c
(William)
Car
Elastic
1%
8-13
1
9-21!,;
'Aiv*5c
Simmons-Boardman
Simon
Co,,
-
Biscuit Company
United
"'7
■
Sherwin-Williams
8-30
$iy2
(quar.)—,1—4——
United-Carr
Fastener ' (quar.)— „U_——
United Chemicals, Inc., $3 pfd. (quar.)
23c
Manufacturing Corp. (resumed)—
Shenango Valley Water, 6% pfd. (quar.)-
lc
J65'/2C '
(quar.)-
•
(irregular)
Sheller
Walker
5preferred
9-10
:
9-3.5
ri2y2c
(quar.)^.__..:-l^--:T.
A
RR.
Aicraft
United
'
Class B
Tank
5y2 %
y
';
8-20
preferred
10-20
.
Brothers, Inc.._.ii__„__.._.i^.___^
Shoe Co.:. (quar.)
AA
Serrick
Shares,
United Aircraft Products,
(quar.)
1
preferred Is-a),—_
;
Union
United
Co.,
9-
50c
Pacific
4%
8-10
-9-21
4y2%
Quarterly
1
9-15
9-30
8-20
(quar.)_-_—_,-i„
208 South La Salle Street
8-28*
9-10
Seeman '
Selby
Oil
10-20*
75c
Acceptance Corp.—AA/AAvAV
Common
(reduced quar.)
.......
'!
Standard
Trustee
25C
1
$iy8
10-20*
Cor.^._.„.;!:i\.L.: ' *Az 2c
(quar.)
9-
1
$1%
9-12
:
v
8-20
(quar.)
9-30
,-m
45c V,'
';(• :
8-11
9-
1
50C
common—.—^.--—.-—
preferred
1
llr
.
8
9-
(quar.)
5y2%
11-1
$iy8
•
preferred
Coal,
9-
%
8-14
9-19
$134
preferred (quar.)
Wacker-Wells Building Corp
Waite Amulet Mines (interim),
Walgreen Company, common (quar.)„„
of Rec.
1
9-
$iy2
conv.
Holders
Payable
20c
'quar.)
Aircraft $1.25
9-15
Forging Corp._iv-
common
Truax-Traer
8-31
9-15
Company,
1%
9-10
1
1
Securities
I
Steel
Trion
f:
Vultee
-in---,;-j.
pfd.
Trinity Universal Insurance Co;
25c
(quar.)
preference
Williams
8-11
41%c
(quar.)—__.
9-10
$2
Invest.
preferred
9-10
$1%
International
&
1st
8
581/3 C
10-1
$17/S
(quar,)—.i—-
Malting
Trnnsue
$6
9-
50c
Royalty Co.-^
Elevators, Ltd., 5l/t%
Co.
8-21
a5
(interimi_«
reg.
$1% ■>. 10-1
!____
.
&
Pump
Bell
Toronto
——vA-v.(irregular 1
Co.
ord.,
&
(monthly)
1
Seaboard Oil Co, of DeL tquar,)——;
Sears
for
5%
preferred
9-
8-31
preferred
When
Share
Manufacturing Corp. (quar.)
Vuican Detinning Co., common-.,.
Vogt
7%
preferred
10-
Name of Company
8-20
a5%
*
7%
8-28
$3
(quar.)—
(. Common (quar.)
Scranton Lace Co.
Tank
Per
of Rec.
5
25c
preferred (monthly)-..
(monthly)—^
$iy2
(quar.I
pfd.
rec.
Oil
Edison Co.
Holders
9-
Co.,'Ltd.-r-
(interim)
6'/o
'.9-18
9-10
,
Trust
regular
dep.
Tokheim
Toledo
.
/AA"
(quar.)
(quar.)..
$4.50
Co.,
Amer.
5
(quar.)--—
Co.—
(quar.)...—
common
preferred
8-15
:—
•-
"B"
"A"
Schiff Company
A,"5Mi%
8-15
10-1
$1%
%:
7%
,
9-
1
9-1
I,
Securities
Ordinary,
''
preferred (s-a) —._i.—i^-r
6Vz'i'o debenture "D" (quar.).,
•
9-15
9-
\
15c
62 Va C
Payable
745
25c
(irregular) i_
(St. Louis)__.___^^_^'j
Insurance Corp.
50C
.
Joseph Water,' 6ft-' preferred
Savannah
1
(quar.)_.:_-__
$2Vs convertible preferred (quar.)_
Sabin Robbins Paper 7% preferred (quar.)-.St.
9-
t$2
'•
St.
Timken
50c
Steel common
&
8-15
■
share
!
Company
When
Roller Bearing
1
Co
Manufacturing Co.'
Rustless Iron
Name of
of Rec,
9-
37 VaC
(quar.)___
Roxy Theatres, Inc. $1.30 conv. pfd. (quar.)
Royal Bank of Canada (quar.)____.._______
Russell
Per
t$iy2
Paper Co., Ltd., 6pfd.
& FINANCIAL CHRONICLE
♦Nominal
rate.'
•
.658300*"
.527400*
4
-.658300*
.527400*
-
.658300*
.527540*
••.658300*
/658300*
.658300*
.527540*
.527540*
.527540*
746
THE COMMERCIAL & FINANCIAL
CHRONICLE
Monday, August 31, 1942
THE COURSE OF BANK CLEARINGS
Week Ended Aug.
for the week follows:
"
/-
-
Week
Telegraph
vy
J
Ending Aug, 29
-
J.
York——.—
1942
BOStOn_,
Ku
Kansas
;
City
Francisco
San
&
t
133,379,743
106,900,000
1——
SI,. Louis
K
—
Baltimore—
f)t
6.7
'6.1
97,500,000
9.6
+
+
142,750,645.
-Other cities,
five days—.
84,099,522
7.8
$5,249,161,446
1,317,811,303
$6,971,201,163
$6,566,972,749
Total
+ 17.4
$4,139,103,526
1,110,057,920
1,328,533,527
_—
i
Total all cities for week
;
■
——.
''Estimated.
:Complete and exact details for the
;
in
issue
our
week
of
next
week,, We
?.
•
:
„■
.
+ ,0.8
'■
l,
.
.A'.-
-v,v
.
San Francisco Federal
of
this
to
Reserve District.
volume-of checks cleared
was
approach
the
over
In
same
level
the
was
18.9%
Richmond .there
was
-
,
"
1st
Boston
2d
New
3d
Philadelphia
4th
2—-A—A—
York.____.__
BANK
■,
A.
.>
,18.0%
Atlanta
Chicago
St. Louis—_______
526,737,247
443,181,331
231,819,977
196,404,822
282,583,045
246,992,647
6
—
,-r
.
41
10
/
II
17
.—
'
.__
Minneapolis
494,370,141
4
II
152,491,126
Francisco—
""97,166,754
10
Total
cities
Total
32
165,650,764
4.5
+
5.7 i
+
+18.9.
I
-
Total
8.7
.+
Week Ended
Inc.
1942
-
:
.
-•
..
•
.
First Federal
Reserve District—Boston—
Maine—Bangor
River
Lowell
New
—
-
\
'
2,320,155,980'
306,291,789
,
Haven
Second
-
New
Federal
District—New
Binghamton
+
2,252,323
'+
$
Y
315,289
'•■'■v
A
1,691,503
+
+
6.9
+
4.9
512,470
1.0
+ 11,1
320,211,999
+
2,318,523
8,190,729
+
79.5
1,693,399
-
•
-
"
•A
387,147
208,935,427
4,373,149
1,042,758
—25.2
3,336,095,320
+ 11.4
•-
8,778,418
21,917,460
.
348,547
A
22,663,321
27,087,465
3,462,444,014
6,587,581
+ 10.4
3,437,152
0.5
—
5,998,257
3,132,870
4,724,246
—10.2
—
—
•
-3.3
338,144
3,727,808
15.786,675
0.3
22,376,793
'
;
263,668
13,220,822
16,641,972
:
17.6
360,676
276,036
+
3.7
484,960
351,994
2,029,614
Federal
1,547,962
2,518,220
1,332,511
1,795,344
1,598,490
4,309,800
560,508,080
Reserve District—Cleveland—
Ohio—Canton
3,871,300
526,737,247
8.5
+
388,379
260,093
"
—
1.6
1,085,839
1,045,836
+
6.6
358,000,000
331,000,000
—34.0
1,247,479
1,151,415
Columbus
Youngstown
Pennsylvania—Pittsburgh
(7 cities)
362,529,848
' +'.'4.5 '
118,400,000
82,200,000
73,700,000
9.0
31,445,253
17,290,113
29,857,904
8.5
506,000
384,000
+ 16.4
131,441,366
118,885,724
*700,000
i*
645,000
+
198,614,438
14,943,820
3,809,962
0.5
2,839,826
3,083,468
101,960,137
+
0.8
71,941,673
67.653,047
34,213,209
+
9.6
25,759,295
21,917,791
2,280,203
1,995,767
2,781,265'
'••+'• 5.5
—13.5
—14.4
918,727
772,696
3,917,937
—13.5
3,226,154
2,649,467
149,141,415
2.2
107,876,447
98,801,075
•'A
+
City—
110,602
+ 54.7
72,622
41.7
AT 08,534
157,527
+ 24.4
135,347
2,615,730
2,188,092
26,583,62?
+
A
45.3
29,679,103
2,686,723
—
6.9
'1,923,417
4,525,215
4,211,641
+
7.4
167,277,045
135,772,566
+
23.2
2,634,861
87,684,815
4,408,073
; 3,606,698
85,389,899
+
+ 22.2
3,302,261
2,724,744
556,#91
+ 141.4
808,910
+ 15.2
514,880
.'A 619,670
575.950
*+27.2
129,155,893
122,060,379
i
v
A
239,454,071
Reserve
+
2,309,000
1,697,674
74,001,354
,9,236,916
2,148,000
947,931
1,298.936
3,800,000
;3,547,576
;,.j 97,166,754
91,930,456
;
11
—;
11,212,466
;
—-A
■■■■
■-•
,
,
494,101
'
1,953,345
—76,946,012
'
''
I
+
15.1
2,489,707
1,291,468
+
4.0
55,968,000
52,124,334
6,290.912
5,884,787
+ 21.4
7.5
+
.
1,487,000
—27.0
+
1,571,600
>736,320
+
3,021,465
836,436
3,025,041
+
;
7.1
5.7...aw 69,991,404
64,733,666
■
Federal
Reserve
District- -San
AY
80,297,190
1,622,219
H^-A.
A
Pasadena.
59,800,292
1.073,451
+12.7;:
15,826,042
12.957,921
3,669,555
Y 3.840,338
5,059,255
2,223,381
1,107,021
A
3,961,824
+ 18.4
3,394,334
198,821,000
3,448,607
_A____.
35,584,422
"21,982,700
A
(10 cities)——
1,238,922,.
30,395.001
AA
A
41,727,847
38,408,818
223,946,000
.
'
6.3
+
+34.5 "
5,991,010 '
■
' + 34.3
.1,526,464
153,686,076
,
Stockton.
■
24,777,225
'..
'
—
Barbara^-—
Y
72,253,703
,
—__i__
San Francisco__
San Jose_
—34.5
2,532,403
3.013,623
+12.6
143,074,000
132,654,000
"
3,904,235
;
v
—11.7..,.
1,565,140
3,133,008
—29.3
3,462,915
;
3,367,849,
1,281,208
1,102,453
2,368,849
■
+26.5
2,193,70i
419,626,180
352,872,504
253,589,859
226,182,759
7,417,780,264
cities).
Outside New York—
6,649,918.560
+
11.5
4,550,499,008
3,313,823,240
+ 14.0
4,888.811,479
2,320,155,980
2,134,185,456
3,700,795,549
';V:
+18.9
'
Week
Canada—
•
'
•
Quebec—
Halifax———
:
1
Medicine Hat
1,770,212
56,177,441
48,570,231
12,577,200
2,517,355
2,881,259
3,830,891
208,821,756
181,669,834
3,749,754
443,181,331
*
A
:
,
■
.
;
106,745,193
83,672,184
9,305,800
—
;
2,221,712
.
1,514,831
2,228,178
Sudbury
100,757,937
+14.4
306,533,489
246,892,973
1,340,706
3,552,890
*475,000
1,081,533
793.074
Sarnia
2,795,311
127,092,607
*750,000
1.032.464
751.817
613,502
594,628
,
Ma,,) -
•Estimated.
•
939,963
447,112,217
545,929
6,426,098
8.6
+
+
•
■
1.8
••
5,406,682
1,862,353'
;
4,501,713
2,165,767
4,957,673
4,441,316
1,790,327
7.2
—
1,807,255
1,549,077
1.7..
2,231,892
+12.8
4,281,624
2.058,302
3,702,163
5.5
3,424,199
3,026.047
+
+ 18.5
310,453
5.7
400,481
+ 25.2
1,360,513
+
+
8.0
"
592,570
294,735
473,18^
1,077,482
528,427
0.5
811,201
726.82S
—
2.6
873,131
9.9
788,472
—
631,257
—21.7
617,978
207,602
+ 11.9
229,921
614,987
8.1
526,586
730,471
723,235
+
390,370
1,169,945
2,655,866
0.6
;. +
891,702
565.286
•,
—32.7
—
—
1,111,157
1,133,831
803,194
-+
695,213
1,116,727
490,780
—
,,
2.2
+
621,376
1,390,816
5,0^4,681
■
Chatham
+ 14.9
445,726
980,299
Kingston
8,379,400
4,020,923
,
1,337,379
Prince Albert
0.1
4,236,278
7,031,347
6,423,534
2,204,526
1.995.463
2,808,998
5,498,435
6,973,443
305,840
;
»■
Monclon—
14.2
'..5,171,032
839,604
:
Sherbrooke
Windsor.
2,195,425
+ 17.5
8,5
l,103^987
1
1
Kitchener
+ 18.6
19,445,935
12,955,525
5,513,886
750,768
Brantford——A._A_„_
Peterborough—;
341,128,227
22,142,882
1,741,610
William——
3,071,683
507,187,076
—
Westminster..
368,817,324
+ 24.9
656,829
_A—
Saskatoon
Fort
,
34,236,318
4,243,710
Regina...—.r;
New
2,597,400
48,174,130
47,177,309
2,761,584
6,202,926
Edmonton.
903,864
3,182,600
28,805,675
+ 18.4
2,139,261
1,848,754
85,829,415
—17.4
2,244,318
.
Jaw
84,246.932
46,713,552
21,573,066
6,991,901
John—
Moose
+15.5
5,983,611
;
:
BCandon.A—A
88,088,313
2,852,721
:
—,
-_-__-A_A
Lethbridge..__„
*
106,540,460
25,538,173
A
Hamilton.—
Calgary——
St.
1939
'
6.9
+
•'
528,169
——_—
1,692,835
—
:
1940
-
42,761,438
+.
1,931,552
—12.6
20
Aug.'
%
132,250,462
.120,131,732
;
1,038,464
+
1941
141,315,081
+138,712,782
—•—
'1,097,375
6.4
*942
38,577,605
A
Winnipeg
Vancouver—
Ottawa;—
-3.2
+
.
$
Toronto
12.3
+ 11.3
Ended
Inc. or Deci
...A-:;";;' A-A,.+,;
;•
? ,'.-A
A.. '• A
Montreal-——
+
80,633,796
158,581,605
12,593,400
>
...
...
A
Francisco—
1%,
_
Total
.
.
District—Dallas—
Falls
1,661,961
2,211,712
188,321,696
1,342.225
Oregon—Portland—
Y
Utah—Salt Lake City—-A
'A
California—Long Beacli_^__A_—___.
Santa
72,766
54,372,333
Xauisiana—Shreveport-A—A_ —A
~
728.839
2,501,429
Worth—
.^Wichita
910,569
2,999,818
37,433,301
-
+
3,644,462
—
'
351,253,719
473,065,991
3,390,642
—
Federal
.
—19.4
94,754,223
181,041,189
——
Cincinnati
Cleveland
Mansfield
1,423,648
1,374,568
..
,
,
Total
+
625.320
404,530
—_
(10 cities).
1,003,117
1,226,506
1,124,147
—
London...
415,266
513,000,000
Wilkes-Barre
Fourth
2,838,339,894
648,430
1,021,795
I
1,183,851
1,222,576
T.
171,111
Victoria
1,401,287
.547,000,000
;
Jersey—Trenton
2,322,555,036
»;
1
York.-
+U.4
488,347
438,895
Scranton.
5.3
,
672,161
2,754,626,014
*•
A.
Chester
Total
Fort
328,775
699,484
1.4
+
4,655,395
6,261,086
416,778
A A
2,230,343,028
:
3,857,733,061
—.
+
+ 22.9
+ 21,0
878,540
5,138,247
——A
2.4
1,753 192
1,443, 506;
191,783
Texas—Austin.
28,800,000
District—Philadelphia—
^
3,214,844
287,694
152,491,126
10,049,007
A
1,172.008
-
27,000,970
Lancaster
3,412,311
4,373, 535
—
355,552
208,248,265
'
7
6,227,865
L.—
Philadelphia
811,097
+ 17.0
'
3,732,975
Tip cities)
Eleventh
_
8,856,900
32,300,000
——
Reading
302,584,306
867,645
2.6
+
1,124, 212
7,750,344
+ 10.9
3,308,811
+ 19.3
*
New
,,
8,633,671
3,653,757
'
?
Total
+1,515,437
•
8,632,900
.
7.3
6,597,380
——312,930
'
329,991
282,341,325
+ 15.2
'
931,882
""Yakima..
563,513
6.0
5,119,868
8,903,602
—
Bethlehem—
2,764,298
'1,334,758"
PueblO'
265,318.
637,056
+ 57.7
—;
Reserve
8,903,725
3,390,089
A
401, 992
380,251 598
1,154,304
Colorado—Colorado Springs.—^'
542,940
—28.0
__i._
Federal
+ 10.9
+17.8
962,162
Missou v i—K ansa? City
r—
St. Joseph
180,339,915
606,733
700,945
Northern New Jersey
Third
909,863
774
+
■'/
Kansas—Topeka-—^——
1,781,377
780,275
Pennsylvania—Altoona—A
16,460.887
1,016,226
25,031,524,
_r.__ _
'
47,200,000
...^
Total'(12 cities)—
4,241,353
19,147,965
2.6
4,685, 735
37,481,541
2.935,348
v
Omaha.—
JTwelfth
3,716,984,715
York.—
Newark
4,431,043
+ 22.9
—
54,537,904
Reserve District—Kansas
Hastings.
.
452,470
A
2,308,48!
11,048,079
1,105,079
Jersey—Montclair—
+ 22.2
10,955
231,220,194
'
1939
555,574
6.3;
13,562,000
56,300,000
Syracuse.—
1,217,813
'
Jamestown___
•
__J—!
—.'■■ Galveston—
the^L
179,684.217
+ 18.6
11,843,098
1,218,820
;
Connecticut—Stamford
15.247,000
1,556,832
York-
—
Rochester..
797,769
-16,616,000
27,771,778
'.
;A -'..-'A
l
1,830,070
0.4
+
59,448,416
A:
'
Nebraska—Fremont—
!
295,515,647
;
1,584,879
,
—10.9,
343,620,559
Reserve
„„„
8.8
7.6
+
—
1,620, 069
.
.
cities)———
Federal
Grand Total'fill
Buffalo
New
418,279
917,755
569,572
cities)
6,676, 717
24,490 997
494,370,141
,
(4 cities)——.
Tenth
2,134,185,456
1940
3.7'
5,471,509
York—Albany——______
New
—
2,508 960
A, 1,774,466
i
L—A—A—..
...,_,Tatal' (6 cities)_A—____
V
8.8
14,222,600
—
Elmira.—
r
: A
"Helena—————;
226,182,759
v
.
113.2
+
3,185,699
11,158,022
;
;
—10.6.
+
-
2,386,451
Rhode Island—Providence
New Hampshire—Manchester,
(12
911,025
372,840
Connecticut—Hartford
Total
Dec.
1,088,281
——
Worcester_____——
New
669,401
2,334,067
.2,270 176
,4,268,554
1,845,988
••
4,888,811,470
Aug. 22
or
3,390,487
Bedford
Springfield—
>
1_
—
Washington—Seattle———A
274,281,033
1,172,052
64,733,666
1
A
876,943
—
297,228
2,543,677
1,353,129
24,092 ,000
30,098,106
_
Dakota—Fargo—
;
South
Dakota-rAberdeen—_A_„ '
Montana—Billings^^—'—i
.A
98,901,075
S
4,977,124
298.508.33Q
-
371,636
3,279,305
+ 35.2
8,157,574
h.„.illir,T
North
122,060,379
253,589,859
• • $
"
+ 11.7
+ 13.5
-
24,001,000
St. Paul
.
,
%
598,400
Portland
Massachusetts—Boston.
Fall
.
1941
430 608
2,070 138
A
Ninth
118,885,724
'
,
4,550,499,008
,
•
+
,3,916, 783
,
"A
AA,;
/
...
; -
139,020,535
»
We now add our detailed statement
showing the figures for each city for
.week ended Aug. 1 for four years:,
a,
A,
j
AAA....
a
: •
:
;
\
Clearings, at—
165,650,764
Federal Reserve
District—Minneapolis—,
Minnesota—Duluth_____
A——
3,789,268
Minneapolis—.—: J102,777,861-
"
362,529,848
-
69,991,404
-
+ 14.0
411,441,592
+ 14.0
390,303,961
1,315,857
(17 cities)
1,499,379
246,992,647
480,837
.
121,300,963.
107,876,447
+ 11.5
447,112,217
1,706,215
88,355
2,470,324
Dallas.—
cities
+ 14.2
32,882,781
2,799,688
139,020,535
'129,155,893
+
3,313,823,240
17,836,909
106,459
,
Tennessee—Memphis—
Illinois—Quincy——_
246,892,973
V ■_
131,441,366
2.2
+ 27.2
352,872,504
20,664,705
"34,943,924
4,444,706
Kentucky—Louisville,-
341,128,221.:
351,253,719
-
'
3,700,795,549
——
__
,135,385,442
.
3.8
3,917,565
Eighth Federal Reserve District- -St. Louis—
,A'A
Missouri—St. Louis.
—_A—
»
143,300,000
2,838,339,894
,306,533,489
+ 18.0
7,417,780,264
City.
Canada
+ 14.4
,
+
1.7
.
RockforcU—
Spring! ield-_——__—____;___^_.
208,935,427
t
'368,817,324
+ 16.4
91,930,456
"419,626,180
—111
York
,208,248,265
$
2,322,555,036
6.4
+ 14.0
188,321,696
31,779,261
*2,700,000
Peoria.—
AY
1939
"A
j
149,141,415
239,454,071
~w
7.3,
+
'
669,945
15,491,000
+ 24.3
;
•,
1,040,326
794,928
18,376,000
-
130,258
—■
—
Total- (7
+ 11.4
•
1,075,810
6.0
+ 19.3
'282,583,045
;
-
gain in
A:
1940 YAY
;
+
198,614,438
II
-
"6
__
231,220,194
A
;
10
__
:r
j
473,065,991
II
.7
10th Kansas .,City___
11th Dallas
New
320,211,999
3,426,444,014
560,508,080
507,187,076
II
Richtnand
6th
Outside
.343,620,559
+ 22.8
+
■
Y$
3,857,733.061
II
1,462,461
1,415,017
15.283,581
53,680,535
1
Chicago
or Deo.
%
$
"
II
7
6th
12th San
cltiea
10
50,500,000
Des
in. the
•
12
„
3,728,259
19,961,325
64,100,000
+
District- -Chicago—
Decatur
A:;A-A.' ;.;Y
A Y
■■A Y.% V'',/Y'v A'YAY
CLEARINGS
1941
$
12
__
_____
7th
9th
■
1942
Cleveland
8th
OF
<-■
3,921,398
+ 12.0
27,407,000
"
period last year; in St. Louis the increase
Inp.
v'
Week Ended Aug. 22
Federal Reserve Districts
•
•
5,2
+ 12.6
'
_
16.4% and in Cleveland of 14.4%.
by Federal'-Reserve Districts.--A v " SUMMARY
mary
6,048,371
94,700,000
132,526
i—.
-
Reserve
.
17,784,493
66,720,364
.
Haute
361,548
-26,452,179
Rapids—,.———
1,577,910
Moines——
!
12,145,936
Sioux City.—
____i___
:5,522,073
Illinois—BloomingtonJ.—
'....A463,161
Atlanta managed to enlarge its totals
by
14.0%, the Boston District 7.3% and the Philadelphia District by 6.4% A In Dallas the
increase recorded-was of 5.7% and in
Chicago of 4.5%;.Minneapolis had the lowest
percentage in the country with a gain of 2.2%. / In the following we furnish a sum¬
'
;T"__ A
Wisconsin—Milwaukee—________
A,"',"."
increase
an
A
*33,000,000
4,473,354
Iowa—-Cedar
A
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 increase of 11.4%.
The best gain was had in the Kansas City District with
-
——A
aggregate,
nearest
121,300,963
1,500,000
32,703,520
i—
•
clearings for the- whole country having amounted to $7,417,780,264 against
$6,649,918,560 in the same week in 1941.
Outside of this city there was an increase
of 14.0%, the bank clearings at this centre
having recorded an increase of 11.4%. We
The
135,385,442
+
'
,
'*
__————
Bend
Terre
week covered by the foregoing will.appear
furnish them today, in as much, as the
of
gain.
+18.0
Rapids.——
South
elaborate detailed statement,
however, which we present further below
we are able to
give the final and complete results for the week previous — the
week ended Aug.; 22.. For that week there was
an increase of
11.5%, the
27.2%
196,404,822
" '
29,793,355
1106,100,000
)
1,795,939
__.
Indiana—Fort Wayne—
Indianapolis—
6.2
+
■
In the
a
874,938
67,7.61,683
22,040,974
57,057,581
9.5
——„—
(10 Cities)—.
Lansing..
cannot
...
975,530
+ 17.1
:
__A
—
Michigan—Ann Arbor—
6.5.
7.5
+
Saturday and the Saturday figures are not available at time of going
Accordingly, in the above the last day of the'week in all cases has to be
to press.
A'—•_
Seventh Federal
ends
estimated.
+ 11.1
'
4
,
1,650,317
104,025,632
30.960,143
1,832,708
121,797,579
____
„
Mississippi—-VicksburgA—_A,
Grand
4.
43,337,403
506,922
2.9
—
$5,642,667,636
——
five days—
-All cities, one day_
41,897,333
6,363,987
_____
Louisiana—New Orleans—
8.1
$4,460,334,561
1,182,333,075
Total all cities,"
\
—
Mobile.;.:
+ A2.2
.
1,885.000
+ 20.7
District—Atlanta—
Alabama—Birmingham-
+ 25.9
98,787,160
"r Ten cities, five days———1—
<
+
+
159,421,956
•'
138,577,470
.-
2,203,000
55,284,875
,
1
Augusta—
Macbii—A—A
Florida—Jacksonville
7.4
—
166,189,000
172,303,756
Cleveland,——
i
Georgia—Atlanta—
9.5
+
105,892,388
169,774,000
!
Pittsburgh.^
333,671,493
402,000,000
213,062,097
226,093,537
••
/ '
■
Federal Reserve
Nashville
429,000,000
A—.
4.
+ 17.4
+ 80.7
Tennessee—Knoxville—__A—
$
$2,434,516^425
308,960,995
Philadelphia
1
853,855
3,630,000
33,907,313
•>
(6 Cities)—
>•
1941
$2,665,331,900
Chicago—*
"
1,002,131
.
Sixth
;
$
231,819,977
Carolina—Charleston—1—.
Total
1939
$
6,561,000
Maryland—Baltimore—_4—_
Columbia—Washington— A.."
•
1940
'$
66,719,246
...
_!
District of
•
.
$
New
_L
Richmond———_—is.—1—.
.
,
Clearings—Returns
%
District—Richmond-
Virginia—Huntington
Virginia—Norfolk—
South
1941
$
Fifth Federal Reserve
West
the-country, indicate that for the week ended Saturday, Aug. 29, clearings from all
cities of the United States from which it is possible to obtain
weekly clearings will
be 6.2% above those .for the corresponding week last
year.
Our preliminary total
stands at $6,971,201,163 against
$6,566,972,749 for the same week in 1941. At this
center there is an increase for the week ended Friday of 9.5%.
Our comparative
summary
22
inc. or Dec.
1942
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 of
-
+
—
0.2
1,118,769
+ 43.4
+
—
+
—
2,790.301*
3.3
9.4
.5.6
7.9
-+A8.9
358,272
■
972,782
2,342.070
891,678
292.813
757,316
542,674
605.2.57
497,889
503.697
436,103
45.3,149
929,040
+
1.2
875,584
1,000,511
411,441,592
+
8.7
306,231,789
295,515,647
.Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
747
General Corporation and Investment News
RAILROAD
Allied Owners Corp.—Debentures
tion—•
PUBLIC UTILITY
-
paid
pany
Called for Redemp¬
;:. -V
zt ;;
INDUSTRIAL
$1.12Va
$6 preferred
156, p. 247.
the
on,
$5 preferred stock.—V.
INSURANCE
■
stock and 933/<t
cents on
■'
the
Liabilities—
Accounts
,
Other
V Ail
of the outstanding cumulative income - debentures • due July 1,
not heretofore called for redemption, including all of the serial
6 r/p debentures originally issued under the indenture dated July 1, 1927,.
Which remain unchanged for cumulative income debentures,-have beencalled; for payment Sept. 24, 1942, at 100 and Interest at the rate of:
37<= per annum from July 1, 1942.
Payment will be made at the City
Bank, Farmers Trust Co., trustee, 22 William St., New -York, N.Y.
~
V
Holders of the serial 6 % debentures which have not been exchanged
for cumulative income debentures -will be entitled to receive, in addition,
to the. above-mentioned redemption price, a sum equal to 28Va 'k of the
principal amount of each such debenture, being the interest from Jan.
1, 1933, to July 1, 1942, provided for in the supplemental indenture
dated June '13,' 1935.—V. 156,:p. 307.
Z;
.■;v'-Z•:?-vo '■ Z/ZZ
,
American Hawaiian Steamship Co.—75-Cent Dividend
1963,
the
directors have
Common
declared
dividend
a
of 75
cents
stock,
last.
Payments during 1941 were as follows: March 31, 50
June 30, $1.50; Sept. 30^ $1, and Dec. 29, $2.—-V. 155, p. 2272,
:v
6 Months Ended June 30—
•-
1942'
;•
Bales;:.
,
Rentals and
Payable
royaltiesl:_Zr-"___—I..-——•
•
$6,620,954
;•
211,938
;
v:
liabilities
$4,076,476
129,659
Mine
&
business
new
Alton
July—
Gros»
Net
-■
•
railway—
railway—*
oper, income..^
$3,023,121
Prom Jan. 1—
.J 250,605
;
,
directors
The
<
the
tike
A
declared
payable- Sept. 10
Aug.
on
stock,
common
amount
20
disbursed
was
on
Payments during 1941 were
Sept. jlu, $1 eacn; ■ ana uec. 12,
oept. 10,
each; and Dec.
The
<
directors
the
on
also- declared
pref;
stock,
V. 156, p; 395.
payable
Common Dividend—
21
March 21,
follows:
as
and June
June
■,
operating
♦Expenses
12/
■>
1942ZZ,
,
income
■.
$3,646,119
'
Operating Income
<
.;
,,
$2,067,060.
income
$2,173,500;
1941
>;
$1,844,022
income
'
in
$1,701,576
U.
$510,065
provision:
$425,943
$355,226
outstanding stock
$0.75
$0.65
S.
banks and
income
taxes
subs,
in
and
and advances
3,353,617 :
and affil, cos.-..
due within
1
an
extra
dividend of 25
pn
to
cents per share
affiliated
rights,
9,239,608
companies.
'
'
-
163,669
.
Earned
9,229,608
"
7,216
163,669.
Ended
June
^
1942
30—
89,505
$846,115
477;019"
239,634
shares)//.—7,000,000."; 7,000,000
9,150,252
8,627,011
no par
1
——1—
'
and
directors
June
Aug.
on
last, and
20,
above
The
of
payments
$43.50 per share.—V.
Sales
—V.
declared
21
dividend
a
of
$1.75
V"
2,539,654
1,732,793
432,959
Provision for Federal
7,767,004
4,562,592
500,000
500,000
$2,089,001
276,692
Provision for contingencies
$2,592,762
213,714
"
income
'.Net
•
Dividends on
•
Net income
*
Common
preferred
stock—
applicable to common
outstanding
)
:
stock—J—- $1,812,309
156,
stbck:4:/.:f$°-69
,
as
stock
:;l
425,665
^Depreciation: and . obsolescence—-.I.—,
Depletion 1.
-t * i -Z-^4
J-4^'
S. As foreign-income taxes testJ-j-l———
3,719,424
(est.)—L-
5,514,500
3,780,000
I———.;.
$5,253,642
$6,768,818
S.
;J; Net
containing
Co.—SEC Orders Dissolution
Share Co,
dividends '
Common
Earns, per
common
1,750,000
bf
metals bf
others,/ before
deducting
administrative and general ex*:
penses, corporate taxes* depreciation, -amortization, obsolescence; deple¬
tion,
taxes on
income,_etc.
//,:/■
:/"*/./. /■?..
■,'>
tl942' am6uht
incj./^
Consolidated Balance Sheet,
lune JO
Treas;
,
of
(net)
1940
_r
$165,843 -v'
$0.12 \
Ores &
Cr71,182
13,754,000
21,247,541
14,983,226
tax::n'otes,*etc-.I,
7,233,687
•
15,044" 093
14,993,752.,
15.518,535
concentrates
on-hand
on -oi'es;
at mines
of net earnings.—V.
$934,784
$0.88
$0.25
profits
excess
taxes
2363.
v.:.' ■ 1
.
holders
the
of
debentures
called
of New (
Co.
may
Nine Firms Charged
Navy—Federal Indict¬
—
Alleges Companies Conspired, to Submit Identical
Issued—_
concentrates,
/- supplies*.—
10,921,200
■
-
3,078,753
6,803,253
1,756,281... -,1,036,013
57,573,254
19,516,144
^
to
indictment
The
,Zv Z; v;/Z/Z" .;Z-;';:Z Z'z;;/-Z,
Aug. 17 by a Federal grand,
the Navy.
returned, secretly
was
->Z
said
announcement
that
Z:
one
company
already
had
returned
expected on the other contracts.' This wouldt"
aggregate around $3,000,000. Those named in the indictment were:
Rockbestos Products Corp., New Haven, Conn., and Arthur G. New¬
portionate
return
was
ton, President,
General
:.
Electric
Schenectady, N.
Y.
ZZ/Z
-
;-;V/
.
Z'ZPresident.
Collyer Insulated Wire Co., Pawtucket, R. I., and Robert C. Moeller,
<
Co.,
»Z;'
Okonite Co., Passaic. N. J., and Frank C. Jones,
r
.
Steel
American
.
Z;ZZZZZZ.'"':Z'"Z
Secretary-Treasurer.
&
Wire
Co.,
New
-
Jersey,
with
principal
'"V/ ;'•*
offices
at
;Cleveland:;*::--'-"Z../%',i-vZ'4:yz.Z" /
;, v-'v/'
General Cable Co., New York, and Dwight R. G. Palmer, President.
Pittsburgh, and William C. Robin¬
Z - 'Z-' -Z •
Z
Hastings-on-Hudson, N. Y., and W. L.'
Sprackling, Executive Vice-President. :
/
;
; Z
Z
Phelps Dodge Copper Products Corp., New York.
/
The indictment charged that the defendants conspired to submit
-
National
son
Electric
Products Corp.,
Sr., President.
Anaconda
Wire & Cable Co.,
•
jdentical bids, and that, since .1937 Rockbestos had mailed to the other
companies copies of its bids, which were submitted by the others'
as
their own.
Z-,-'
■
r'/Z-..
Z
v
The charges cited .20 sets of bids submitted to the Navy betweenZAug. 27, -1939, and April 17, 1942, on contracts ranging from $12,00Q
to more, than $6,000,000 in which all bids were alleged to have been
,Z;;
•• •'
Justice Department said, that the de¬
to 70on cable-sold to the Navy. This
would mean profits aggregating at least $18,000,000 on Navy purchased
amounting' to between $50,000,000 and $55,000,000 since 1940.
% The indictment alleged that the conspiracy had existed since 1933.
but particularly during the past three years.
Purchases, of the cable'
involved—described as' *"A.V.C. cable and various types of unpatented
Cost
'
-•
studies
1
■
indicate,
,
the
cable"—now; run around $6,000,000 a month.
General Electric Co. Makes
52,500,472
22,754,671
.189,546,901 180,238,869
"
Denial—
assertions contained in the indictment, the General
a statement saying:
• '
Z
that the company has sought to defraud, deceive or:
conspire against the U. S..Navy-is. entirely unfounded. That the Navy
has suffered in any degree in regard to its cable purchases to quality,
Denying
2,662,150
"2,617,258
-1,673,237
/
insulated" cable
1
'
etc._^—
The Justice Department announced Aug. 24 the indictment of nines
$250,000 to the Navy on1 contracts involving $2,000,000 and that a pro¬
32,358,802
and "in
•Property -1—„'1.^—
tlnvestments; at "cost of less_
Total
and
155, p.
income
Federal
jury at Newark, N. J.
*
42,373,348
Miscellaneous ..assets
...
9,385,201
eecurities^iVii
transit' to. smeltersJ_—_-—
fe
for
provision
fendants made profits of 35%
-
sales prices, * sold under " firm con-forrfuture /deliyery^-jt—
,-j.
at lower of cost or market less
Materials
$255,462
'...
Anaconda Wire & Cable Co.
The
stocks
Advances
the
'$'
at
tracts
$863,603
of
identical.
1941
1942-
.
Govt,
S.
'
facilities.
for amortization of emergency
•?; unearned treatnient,/chargesi:^^^i._„^„—
:
'// '.4;
v,>
tlncluding capital 'stock;; state income and franchise taxes,' etc.
Metals,
.*
preferred
3,287,504
$2.29
$1.60
,by--prbducts. and manufactured- products, and from treatment
metals,
Metal
/
1,750,000
3,287,504
-
—
share—;
Recounts /JrTnbtes: receivable,(net)___
.
2,143,640
213,017
'
Of 1xnipes,/ smelting/ xefining and manufactm-ing plants, from sales of
if
U.
,
stock and a 'dividend of 62'/a cents per share on the
$5 preferred stock, on account of accumulations, both payable Oct. 1.
to holdefs of record Sept: 8.
Like arixounts were disbursed on April 1*'
and July i, last.
In.each of the four preceding quarters, the com-
,
Preferred; dividends
U<
Accumulated Dividends—
income
Cash v&:;;demand^'depdsit6-%-ii^^—
•
American Power & Light
declared a dividend of 75 cents per share on
2,554,809
278,408
-
envelope
is post898.
foreign excess profits taxes
i-1
desiring to -accept the offer- are required to forward
by a properly executed letter of" trans¬
furnished for such purpose to , the First .National; Bank of
marked
&
859,295
$255,462
companies and six Of their officers on charges of conspiring to defraud
the Government in connection with the sale of more than $50,000,000,
2,833,673
etc.
Assets—
certificates accompanied
directors have
$19,263,784 $17,551,624"
1,101/674
1,010,587
376,823
'
Investment Corp.
The
62,924
500,716
,
to purchase all outstanding shares 'of CUmul. pref. stock, $6 dividend
series, of General Investment Corp. subject to terms and conditionsin the "said letter.
Holders 'of said: pref: stock of General
$6
■
•.
340,611
'
outlined
—See Electric Bond &
321,720
655,520
tCorporate,Jiaxes.;^4_^i^:^L:^i^^»X:^--^/:^rr:
•
!
& general expensesresearch, mine examinations,
U.
depreciation.
City, N. J. No acceptance will be valid-unless sender's
the letter of transmittal and, stock certificates
not later than midnight Sept. 14, 1942.—V. 156, p.
■
Net income
American General Corp.—Purchase Offer—
Jersey
/
350,520
697,029 ;
U.
;•
$0.91
The New York Curb Exchange states that notice has been received
that by letter dated Aug. 12, 1942, the above corporation has offered-
mittal
consol
investments-• 18,262
Expenses' for
V1
stock
not
Administrative
and. administrative expenses, but before deduction
.'■
income; as above does not include the equity in .v
the undistributed net 'income of associated companies (50 Vr
own^ed '
or less).
':■/■/
'V"'''v.-:'-.v •Vvv
i
(2) Provision for. United States income' andexcess profits,'tax, is
based on rates as provided in the proposed, revenue bill, .passed by: the v
House oh July 20, 1942.—V: 155, p. 1826. ;• ;: •/•
tJC.;V;/'V:: ^
.
—
income, less misc. charges—
Profiton
Notes--( 1) The net,
■
1942
-,
1941
5
$18,197,973 $16,511,459
.
—*
subs,
from
*255,450
$935,000 of ±xhr/<
sinking fund debentures due Oct. I/'
have been called for redemption as of Oct. 1, 1942, at 101 and
ment
income—net":
Divs.
adjustments for contingency provisions and higher
reflected in the audited statement for the year. tAfter deduc¬
depletion and
Subs.)—Income
Int., divs. from cos. other than subs & misc.
't
tion of plant, selling
of
52,435
$165,843
With Fraud in Sale of Cable to
*
* After retroactive
taxes
and
Bids—Denials
June 30—
earnings.
58.768
861,487
,
immediately obtain the
full redemption price thereof, including
interest accrued to Oct, l;
1942, by presenting and surrendering said debentures at the office of
the trustee.—V. 156, p. 660.
.
2,618,364"
„
income
192,000
12,397
247.
p.
Ended July 31—
1942—Month—1941
' 1942—7 Mos —1941
—'$19,178,881 $14,773,493 $118;843,456 $85,409,517 :
MosI End.
Other
$2,379,048;
2,618,364-
shares
Earnings per share of common
6
•Ne.t
2,418,401
1,518,895
;;;; 205.252
and foreign income taxes-
501,445
17,455
148,500
profit
:' The
r.
$15,061,411 $11,797,902,
—
125,971
118,953
interest.
Payment will be made at the Guaranty Trust
York, trustee, 140 Broadway, New York, N,':Y;:'V;.%%%
/
ineach quarter. during 1941..1
will leave / arrearages on the preferred
American Smelting & Refining Co.
,
—
691,688
$3,144,599
1
(net)
Federal
for
total
1950,
share
per
156, p. 307.
.
depreciation..—:.';
—i—_
Research and process development expenses—.
Interest, etc., charges on funded and other debt
194,913
$846,337
Anaconda Copper Mining Co.—Debentures Called—
•,
Period
4-;;1942:-;:;/
and
expense
approximately - 50%
A
"
* 1941^/44
$14,418,221 $11,335,211
'
356,555
350,479
275,010
96,100
Royalties, licenses and service charges—...^.—
11,625
•
'
16,112'
Other earnings, net
Total income
194,272
$498,128
income.-.
"Estimated
,
.
American Stores Co,—July Sal-es Up 29.8%—
(& Subs.) —Earnings—
tNet operating profit---._^_—^.—
Depletion
$2,452,911
Treasury tax
cost of U. S.
''
'
interest and discounts.—.———.
$651,424
profit
Net
at
payment of
.
6 Months.Ended June 30—
19,606,352
$303,857
sales.—
Earnings per common share———
$17,189,778.
$18,487,799
$1.75 per shafe. on account of arrears on the 1%.
preferred stock, both payable Sept. 21 to holders of record Aug. 31,
Distributions of $1.75 each were made on this issue on March
20
incorae';:^/:^4—4 i: $645,327
$331,658
provision of $311,653 for Federal income taxes in 1942 and
$93,964 in 1941.—V. 155, p. 634.
Dividends,
Net
•
.
'After
American Cyanamid Co.
on
Adjustment applic. to
1
American-Public Service Go.—Accumulated Dividend
-
June 30, '42"
5,369,526
excess' profits taxes—,:—^
,.
•
•
anticipation notes.—V. 153, p. 1122.
a
12 Mos. End.
..1942
$6,020,951 $22,059,262
4,989,968
—
Depree., deplet. & amortization
65,175
-liabilities—4$1,308,703
■
789,211 •
!—
239,634
"After deducting in- 1942 $1,001,606 of
;
/
•
........
Total
'
1941'
'
profit
Interest
2,379,006
'/
-The
■
goods sold——.
Total
$18,487,799 $17,189,778
...
surplus
1941
:
;Gther..vincbj^:;>iv;*-^V
'
p. 2362.
Ye^rs
;
of
Gross
::
—.
Companies]
—4$5,293,825
Adm- sell. & other expenses
Capital stock Xl,OdO/OO0
and
•Net
Subsidiary
Quarter End. Juiie 30
■
development,-
licenses;
"Federal, State and other taxes accrued—.
that issue: April 1, July 1 and Oct. 1, $1 each, and Dec. 27, $1.75.
an extra of 25 cents were also paid on
April 1, 1942, and in each quarter during 1941.—
\
to
17,404
.
2,290,723
Liabilities—
A quarterly of 50 cents and
-Earnings—
subsidiaries
'
■
Reserve for special contingencies
par
American Business Credit Corp.
■
/vr:.
sales
Cost
25,463
10,614
Indus. Mach. Co., Ltd.
Accounts payable and. accrued
the class A stock on
V. 155,
American
Smelting Co.—Earnings—
.
.
Net
3,050,107
181,263
yr.
Machine As Foundry. Co
Amer.
Total
,
quarterly dividend of 50 cents per share on
value, and a regular quarterly dividend of
75 cents per share on the class B stock, no par value, all payable
Oct.. 1 to holders of record Sept. 15. < Like amounts were paid on the
respective issues on July 1, last.
:; On April I, 1942, the company paid a dividend of $1 per share on
the class B stock, while during 1941 the following payments were made
no
h ;
Wholly-Owned
98,284
.
Provision
usual
the
A stock,
South
kwh. for the corresponding month
as compared with 282,974,478
[Including
•
addition to
and
■'
991,313
83,143
—_
Prepaid insurance, royalties, taxes,
1
The directors have declared
of Mexican
American Zinc, Lead &
"
1,062,303
receivable
Fixed-
American Bakeries Co.—Extra Class A Dividend—
In
;
$1,162,533
25,000
receivable from subs,
Patents, patent
/. goodwill,
"Operating geophysical, geological and administrative expenses, lease
rentals, taxes, etc.
(No provision for excess. profits tax considered
necessary.),
tlncluding subsidiaries.—V. 155, p. 2178.
the class
books
1941, an increase of 9'/<.
For the seven months ending
1941
$1,988,352
hand
on
receivable.::
Investment
Stock of
>
,
a
an
July 31, 1942, power output totaled
2,159,697,279 kwh., as against 1,847,822,457 kwh. for the same period
last year, an Increase of 17%V. 156, p. 659.
'
Treasury certificates
Inv. in
$0.45
$0.54
of
;!
•
"...
i
.■
and
1942
Notes and accounts receiv. not
1,34G,348
$593,642'
net
the
on
for
1
kwh
$204,587
and
.
Notes and acceptances
"1,418,080
'1,680,669
1942
to xompany before supplementary dividend from
Cigar Machine Co. in 1941.
< i:a-•
Assets—
Accounts
1,663,435
————
on
$177,828
to
for Federal excess profits
ample in view of pending legislation.
'
Cash in
432,062
drill, costs, deprec.,
depl. & leases
Net
included amounted
Inventories'-A
f aband. & expired.
having
security
Balance Sheet, June 30
$1,269,514
$2,274,311
securities
the
The
power
output of the electric subsidiaries of the American
Water Works & Electric Co. for. the month of July totaled 308,721,716
JB0.64
$o.58
+Available
Note—1042
deemed
Intang.
Earns, per share
ch*™
™mmnn
tH. *Depreci9.tioci
Accounts
Total
:
at a special meeting held on May 31, 1935,
and less depreciation/ amortisation, depletion*
(or )
| American Water Works & Electric Co^ Inc.—Output—
$66,013
■
nw
1,244,618
$1,674,650
169,372
60,024
52,420
$164,736
fa min«
$2,514,132:
207,252
$2,113,476;
...
Other income
1934, in accordance with authority and direc¬
sales since1 Dec. 31, 1934.
tInvestments in*
ledger value of $1,214,518 deposited as part
issue bf 5'# five-year guaranteed sterling
debehtures of Mount Lsa Mines, Ltd., due June 30, 1944, guaranteed
by the Queensland (Australia) Government. tRepx-esented by 2,191,669
shares, no par,. SIncludes. $2,022,150 carried in special reserve ac~
bf
counts
?arnmgs per .common share—..
.
'.
180,238,869
43,620,430
the stockholders
retirements and
elude
$647,925
10 and.
tl939'
'
$3,136,221
1,461,571
of Dec. 31,
as
50,000,000
27,816,694
189,546,901
of
50,000,000
43,620,430
§27.873.339
—
'
"
Dividends
r
tl940
11941
Z
$3,643,054
1,575,995
1,532,643-
1,323,537
—
.stock
..
Valued
and
tNet -darnings
;
406,344
1,378,389
.
iplus additions at cost;
140,388
'
in
.
wv-l
*
[" Amerada Petroleum Corp. (& Subs.)
Gross
♦
tion
626.37S
—354,579
investigations..
Total
$1,114,782
326,468
V.. Net income'''^44—
$581,567
OrdiJaary..divs: df Intern. ,'Cigar Machinery Co
j incl. in excess of propor. earns, of that company for ^months to Jtuhe;'30i—/■• 34,614.:
International
;Z r: 3 Mos. End. June 30—
$1,912,466
1,137,443
193,456
.
regular quarterly dividend of \xkr;« *
I'to holders of record Sept. 15.—' >
Oct.
'■:takes:d4.^.L—
:'3?y
;
the
March
before
Federal excess -profits-sarwi :Jhcome4axes_--.i
:
dividend of $1 per share oil
to holders of record Aug. 27.
on
$707,266
407,516
326,398
.
a
this issue
last.
■
pther corporate ; taxesi:"_-_:_—_^....._^_w.w..-
railway—"-.:.
Aluminum Co. of America—$1
-
Netprofit
■.
oper,
$1,586,069
•
V'„,
16,424,568' 41,221.831 • 9,163,936
9.043,490
5,389,608 I; 3,018,750 ; ; 1,599,767 .1,931,977
income—'
1,018,891
*181,382
2,148,176
93,900
""Deficit.—V. '156, p. 395.
;■■'.?I.;-1. ;!z^,.:rvZ,-;■ Z^/k^Z,;'1
Net ry.
Gross
.
;Gther4ocome/,,L.^ii::—
^ 391,448 : > 437,836
125,450 /;';. 157,444
544,551
r■
1,035,40B
16,807,962
5,958,142
16,807,962
6,818,540
673,668
etc.
■
■
iCommon
Surplus
Gross from railway-..—
Net from
3,498,869
Z
1939
$1,512,783
$1,511,593
$1,791,535
"
1,329,057
; 487,504
;
1940.V ;%ZZ
1941
2,250,130
2,564,62%1,188,943
conting;
Other ; ■
7%. preferred ' stock—
$4,206,135
5,246,824
Manufacturing cost and expenses..—
v.--'"'' "V'Av;'1942:'::-'-
from
from
Net xy.
$6,832,892
RR.—Earnings—
...
50,311
22,422,099
.»1
*
875,000
1,035,835
14,043,306
1,095,835
———,
Extraordinary • obsolescence,
Employers' liability 1
■;.
-
428,704
875,000
on
Reserves: Metal stock J——
1941
775,832
398,160
67,655
-
Taxes accrued,
not due
Treatment -charges unearned—.;:—
1
■'
922,436
854,696
preferred stock——.—
Payable on'common -stock———:
4
cents;
Co.t—Earnings—
12,202,410
868,919
1
Unclaimed
Miscellaneous
American Machine &■ Foundry
■
11,684,062
trade
"
Dividends:
par $10, payable Sept. 30 to 'holders of record
15.! A similar distribution was made on March 31 and June "30,
Sept.
payable:
<te >ages
accrued———'..^.
Due. to subsidiaries not consolidated-
oh'
share
per
drafts
&
':_4——v—i..w„:„v.
Salaries
'
The
MISCELLANEOUS
-
Electric Co.
"Any
the
issued
charge
/price of time of delivery has not been shown.
"As early as 1940 General Electric announced
its -stockholders, that
it had no
intention of
-
profits from the defense.
to the public and to
makinsr unreasonable
program—in fact that it would accept even
748
THE COMMERCIAL & FINANCIAL CHRONICLE
extraordinary risks
those
on
projects deemed essential
to the
national
compromise of
welfare.
"In
has saved
several
the Navy
months,
pursuant
this
to
policy,
this
nerships,
company
and Army very substantial amounts through volun¬
all kinds of equipments.
90
tary price revisions on
"These
revisions
possible
when
direct
the
were
the
projects
of
result
costs
lower
enough
far
were
along
that
to
to
mission
Rockbestos
Products
management of
the
10
of
the
American
"On
Nov.
15,
Rockbestos
patented
June
29,
pany
cable.
The
to
license
the
prices
named
the
established
prices
with
wire
com¬
for
the
in
belief
Brinton,
Vice-President of
Corp., made the following statement:
"The charges are unfounded.
My
with
agreement
the
right
Patents,
to
license
than
at
the
that
price
price
have
covered
owned.
by
the
This
cable
license
terms
ther
making
followed and
complied
situation
in
organization of
Washington
and
men
applying themselves to the
"Our
-
business
effort.
the
The
least,
engaged
industry of which
we
of
Board
the
Labor
War
had
agreed
and
the
to
are
abide,
of
't.
'
and
,
wires
we
1
.
to
operate
handed
Government
moved
hundreds
down
ourselves
some
thousands
to
cap
with
the
of
of
later
and
with
not
to
of
dollars
the Department
climax,
commitments
the
since
when
decision1
a
of
to
Justice
and
us,
itself
finding
than
been
has
the years
in
the
paying
cost
has
or
to
as
not
profit
the
turn
to
over
held
and
be
of
estate
the
the
used
and
other
market
assets
Other
June
3,
Expenses
as
be warranted
may
the
in
this
regard
investigation
an
proceeding
as
as
an
!
income
Federal
excess
profits
taxes
with
Earnings
•On
its
which
the
organization
substantial
arbitration
■
as
of
Traffic
the
intention
staff
operating
companies
complicated
was
of .the
the
most
by
the
Important
liquidation of
Commission
trustees
of
of
making
familiar
system,
The
Period End.
in
Misc.
regis¬
a
claims
of
the
The
for
156,
of
Reprei
1942—Month—1941
V '•
"
JjJ '
•"<. ' ',
out
Net
2,513,280
this
Equip,
fr.
rents,
facil.
Net ry.
1,865,298
"14,446 ,913
11,440,705
4,221,815
36,385 427
28,159,281'
434,908
3,210 024
2,947,692
6,218,569
54,949 491
40.484,267
237,139
180,081
1,544 148
1.013,185
640,199
472,056
4,061 181
3,227,325
6,513,225
52,374,680
36,997,905
,1,329,594
17,306,501
202,952
2,845,344
1.347,606
147,375
929,199
1,097,821
31,293,636
27,088,347
-
v.r_L_
Cr471
ry.
9,645,563
oper.
3,473,079
net—
rents,
■
*
536,130
net—
141,303
,
income.
oper.
5,495,051
income
-
Misc.
deduct,
Income
.
fr.
552,996
;
;
income.
35.387,653
30,818,996
121,896
1,242,456
988,109
29,830,887
.
for
5.923,133
5.264,404
34.145,197
2,644,968
18,254,348
18,341,631'
3,331,322,
2,619,436
15,890,849
11,489,256
charges
——u.—
income
—.7.
Net
—V.
156,
660.
p.
&
7
.
H
available
2,591,811
;
Colorado
J ,v
Bangor & Aroostook RR.—Earnings—
Period End. July 31—
'T
24,402,339
12,979,686
109,464,177
4,613,027
39,946,856
15,981,106
313,640
1,328,571
331,475
6,495,986
36,473,298
\rV;
20,343,461
28,538,330
Railway oper.
Railway oper.
1942—Month—1941
,
revs
Net
363,483
7309,779
2,658,120
2,325,688
$1,529
$1.483 070
$1,260,297
Railway
exps.——.
from ry. oper.
rev.
tax
7
$311,308
•$42,987
6,631,617
'
'
1942—7 Mos.-*-1941
$320,496
....
85,028,573
9,316,247
«.
187,212,902 121,684,615
17,234.135
511,209'
3,730,649
5,386,300
136,791
4.094.017
'
Fixed
35,985,581
—
7,464,131.
;
7V('. fixed charges -——J.
•
accruals-
reevnues
Cr3,618
4,833,304
564,873
6,059,924
,
pult—J
$
-
124,266,742
8,080.587
-
Ry. tax accruals—
' 1942—7 Mos.—1941
.
1941 '
$
166,971, 864
—
expenses
rev.
Joint
*he
J
1
'
$
|;
-7 Mos.-
19,905,481
com¬
Topeka & Santa Fe Ry.; Gulf,
Ry.; Panhandle & Santa Fe Ry.]
-
.1942-
.
.
'
devised
was
companies
carrying
■•
5,423,391"
"
pro¬
present
of
660."
p.
sentence"
Santa Fe Ry.—Earnings—
&
July 31—
debits
$0.11
House
line
program
the
to
operations
organization
Inc.—V.
"death
$
Transp,for; invest—
At¬
in
Atchison,
tax
the
by
456,135
operations
General
existence
expenses——
oper.
oper.
$662,234
$0.43
passed
as
26,996,294
struc.
&
Transportation
were
Utility,
Atlantic
the
AGECO.
available
with
new
,* **
♦Railway
Act
1942-Month—1941
•
revenues ;.—
expenses
Other
the
Santa Fe
un¬
July 31—
,7,'
Operating
a
v
calls for
Atchison, Topeka
Other
Revenue
7:\i
Period End.
•
Rv.
1942
Baltimore & Ohio RR.—Earnings—
-
direct subsidiary of AGECO.
>
(V i'v .
the Commission on these issues, the
changes in the character of the services
and
company
present program
AGECO
Ry.
share——
common
of
$662,234
1,318 308
Note—Depreciation and amortization of fixed assets was provided
during the 1942 period in the amount of $402,982.—V. 156, p. 660.
approval on'two principal grounds,
principally against Associated Utilities Corp.,
against
$1,159,983
"$2^8391
j
sentatives.
the service company of AGECO, conducted
for
besing Gilbert Associates,
to
per
basis
way
a
44,345
*2,100,000
sales of securities——,
on
equipment
the
554,449
273,979
—;
___.—
of
conclusions
1,087,132
'
207,497
' •1,000,000
L———...
„.
profit
of
the
138,257
$1,535,007
_
etc.—
taxes———
Extraordinary profit
public interest."
Utility Service Corp. for approval
will,
therefore, be heard • separately. v
company
for
$1,396,750
1,243,508
$5,554,612
discounts,
Federal
Net
Corp.,
purchases
of
$4,311,104
—
Maint.
and
5,105,289
i—_
__—
—
Interest,
1942,
by the service company, in effect meeting the issues raised by
staff.
Recently an agreement was entered into between
Utility Service Corp., the trustees of AGECO, and Associated
The Gov¬
their
for
price
income
Total income
including cash of
application filed last July
the
to
of
as
1941
$6,502,039
13,112,192
—
E
&
available,
was
1942
$17,423,296
—„—__1
Operating profit U^~_
by
G.
A.
Cost of sales:
.
Maint.
ceedings
in
prior to the war.
same
courtesy
We
margins.
being
Atlantic
the
had
to
the
-Earnings—
the
of
•,
company
propose-to
Corp,
of
claimed
companies.
Subs.)
funds.
that the company,
panies
knowledge that volume has an effect
on
profit we have at all times evidenced a willingness to renegotiate
any and all contracts with the Government.
"Our
assets
(amount
distributee
made
with
now,
fenced
(&
—
Ex¬
holding
The
strike
expense
Corp.
hearings, beginning in 1938, have been held, the Public Utilities
the Government has been purchasing this cable
lower
are
and
at
lantic Utility.
which decision we
on our hands
by
a
impede
private'customers. ' With
York
all
benefit
according
proceedings,
service
(Includes
war
is
ernment
as
New
by
Utilities
commitments.
prices at which
Aviation
Six Months Ended May 31—
Net sales
deter¬
be
Atlantic
production by the prosecution of
anti-trust suits swings over to the charge of today.
In other words
an anti-trust action is called by another name in
order to evade those
"The
finally
may
trustees
charge of our plant,
"During the strike another department of the government requested
us—and we agreed— to increase our production capacity another 25%
at
as
rendered
say
took
and
Federal income and other taxes, $3,057; reserve
liquidation expenses, $5,500; reserve for prior years' taxes, $50,000;
stock
($1
par),
$15,081;
paid-in surplus, $215,299;
earned
surplus (deficit), $22,304; total, $266,634.—V. 156, p. 599.
the Commission
A short time
part,
a
found
Liabilities—Accrued
common
Following oral argument before
to
was
we
tax
Electric
no
distribute
that
tered
war
to
of
securities
where
functions
y".
•
the
&
and
$2,073,710,
was
of various claims,
steadfastly
cables for
forced
are
man
one
any
are
informed^ that the Department of Justice
prove ah anti-trust action against the
were
attempt
of
value
application
namely,
complicated.
ago we
an
which
under
somewhat
in
effort.
war
ken
have been and
not
such
rata
Hopson
Gas
charged,
the
beyond
who
City
pro
use
management
produce electrical
conditions
are
"Several weeks
was
to
is
is
women
that
Division of the Commission
opposing
General Cable Statement—
"The
the
sole
value
new
or
tended
,
or
is
Orders Cases Severed—Reverses Previous Order
mutual
faith
good
in
borne
Commission
The
its
with
that provision of the license.
»'
"The
Navy Department has always been fully informed as to the
facts on which the Government has now sought its indictments."
simply
it
for
same
time dismissed proceedings instituted
by its counsel against Driscoll and Thorp; as trustees of AGECO, > and
Gilbert Associates, Inc., "without
prejudice to the institution of fur¬
us
customers
in
13,
Consolidation—Drops Prosecution of Trustees—
The
the
under
to
Rockbestos maintained
to
given
was
manufactured
favorable
more
on
which
and terms
We
or
under
1933,
not. sell
into a license
which we secured
so-called Anderson
entered
company
Aug.
on
Reversing its previous order of consolidation of hearings in the
proceedings involving Denis J. Driscoll and Willard L. Thorp, trustees
for
Associated
Gas
&
Electric
Corp., Gilbert Associates, Inc.,
and
Atlantic Utility Service Corp., the Securities and
Exchange Commission
on Aug.
18 ordered a severance in the cases.
Phelps Dodge Copper Products
'
in
cable
Corp.
should
we
lower
any
sales.
own
Corp.
manufacture
which Rockbestos
condition
on
Rockbestos
York
New
consequently the Com¬
required to pass upon the
Profit
of
legal."
T.
market
SEC
this
that
the
Sheet, June 30, 1912
(demand
deposits) and on hand, $47,286; re¬
on
delivery of securities sold, $1,655; marketable securities,
(market value, $166,394), $217,427; prepaid taxes and expenses,
total, $266,634.
—,
the
Associated
for
authority to
Rockbestos
by
that
further
to
of
of
$523,413,
Phelps Dodge Statement—
Howard
be
estimated
or
agreement in good
this
by Rockbestos
The
of
amended—
until
of
banks
cost
$265;
District
Corp., all Hopson assets other than those specifically allotted to the 90
system companies.
type
special
a
that
provided
complied
company
sell
agreement,
which
clause
a
observe
wire
the
quoting
entirely
This
contained
required
sales.
iaith,
was
1942,
was
all
on
electrical
and
owing
trustees
The
the following statement:
manufacture
to
plan.
Southern
approving the program,
order
provides
shall
trustees
1933, the American Steel & Wire Co. took license from
Corp.
its
settlement
the
in
ceivable
at
claims.
be
the latter
Stpel & Wire Co. released
Products
to
$127,405)
(Navy)."
government
the
for
order
in
of
plan
mined
American Steel Statement—
The
notes
The
company
another department
to
years
under
Court
an
Assets—Cash
or
The plan provides that
as
a
set-off against the distributee com¬
panies, the trustees of the Hopson assets shall cancel and discharge all
accounts payable by any distributee
company owing to the Hopson fund.
is completely at a loss to under¬
stand the motive of
a
governmental department in making at this
time, against a company which is doing its utmost to further war
production, charges based on a course of conduct known in detail for
past
S.
settlement
Statement—
B. H.
Reeves, Vice-President and General Manager of thev Rock¬
bestos, declared in a statement that "the management regards these
charges as unfair and unwarranted.
the
U.
1942, entered
Balance
of
members
directly
received
The
costs
accurately."
"The
be
became
figure
claims
against Howard C. Hopson, former President of
his family, and companies, trusts and part¬
indirectly owned by him or them.
A total of
companies will participate in the distribution of cash and securities
Associated,
last
the
Monday, August 31, 1942
accruals-
$4,141,190
422
61,803
652,959
•$43,409
*$60,274
$3,585,985
$830,111
'
449.495
warranted
slap at our company and the industry as a whole, and as
the situation which the press of the country has so frequently
part of
referred
in
counsel
to
fluence
of
recent
dispatches.
and
handle
the
of production.
"These
at
cross
theless
ment
we
the
of
spite
this job over to our
known diverting in¬
the
we
wi'l, of
course,
carry
to
deprecate
must
here
effort
and we
on,
by
need not,
that
believe
"There
we
does
think,
Edgar
Depart¬
share,
reassure
cooperation
stantial
with
the
its
experts
for
the Navy
of
has
and
Ann
this
Gross
Net
Arbor
from
railway
from
the
im¬
for
The
ended
Aug.
group
units
V.
was
In
1940
1939
147.663
71 984
77,155
30,881
54,515
$342,790
2,677,512
2,335,504
21
electric
net
above
&
394,100
Period End. June 30—
is
units
a
•
for
oper.
(&
review
;
able
he
$
be
,7-
an
to
dation
13.771,344
The
10,917,000
11,050,352
reserves)
102,798,244
4,550,183
of
fixed
Fed.
value
&
excess
6,618,650
oper.
6,421,397
12,915,810
12,281,159
5,805,081
4,146,202
9,445,409
8,368,510
will
48,245
_____
111,851
7,052,486
14,024,033
16,464,508
30,981,652
951,192
915,388
1,974,193
of
of
over
and
to
income
time
the
(net)
—
Inc.
income
deduc.—sub,
consol.
of
15,770,988
the
17,415,699
31,897,041
•Before
deductions
for
11,312,027
22,798,549
In
the
the
The
a
issue
Willard
ing
it
rect
stib-lrfiaries
Act
in
.
it
The
dis¬
of
many
resold
corpora¬
its
are
V.
for
the
share,
necessary
feasible.
or
9,098,492
additional
extent
tax
5,602
5,837
•$77,689
$523,798
$481,130
1942
be
company
liability,
redeemed
to
in accordance
dissolution
permits
(after
successful
such
Net
Net
company
the
present
earlier
an
ultimately
may
6%
a
No
be
position.
becomes
practice,
receipt
of
A
cash
in
contesting
the
'
.
:
>
1942
1941
-'
A
$^7,-376
109,951
payment
to
Aug.- 26
on
Sept. 1
stamps.
689.
p.
of the
corporation
or
of
the
corpo¬
'
$28,576
•*$15,597
■"
income
Expenses
for
Federal
income
-
1,200
/
*
$i4,397r
.'
$12,166
5,575
2,825
$14.99^
•
$34,151
'■
•
1-1-
•—_-
—
$114
3,473
tax__
from
provisions
securities
of
received
the
in
Holding
connection
Companv
with
the
income
•Loss.
4.036
4,393
•
6,081
-•
ry,
•
$17,870*
and
$20,427 at' June 30, .1941—
to
account
on
made
share
during
at
Aug.
1941.
1,
Arrear¬
1942.—V.
155.
'
that
37l/a
the
cents
dividend
stockholders
share in
per
offer
expired
will
take
savings
war
Aug.
on
25
—
"
Net
'
"$24,034
..$10,598
$51,034 at June 30,
,
RR.—Earnings1941
1940
1939
—
$2,311 897
$2 342,759
$2,100,632
$1,578,718
—
1,218.176
1.511.501
1.351,491
927,788
income.—
oper.
300,545
1,163,093
1,053,819
747,070
11.842.431
ry.
railway..
railway...
11.192,976
8,776 624
5.649,552
4 081 263
1,607.612
3,206.189
1,269,585
4.374.394
income—
oper.
156, p.
5.813 070
1,880,229
:
4,603,186
-t.
396.
Co.—Earnings—
,
1
;
Six Months Ended
July 31—
Net sales.——
•
1942
_—
•Net
profit'
—
1
$8,438,520
_2—--7——lill-
—
Earnsv
V
1
$1.07
1941
$8,040,905
320 284
per shr. on 300,000 com. shrs"
outstdgTI;
•After depreciation and taxes.-r-rV/
155; p. 692.
Birmingham Electric Co,
; Period End. July 31—
Operating revenue;_i
7';
Operating expenses..
•Federal
Other
447.946
$1.48
<
~
:
518.233
re-
$9,662 849
454.627-,
.
"
64,822
1942—12 Mos.—1941
$715,100
'
76,813
i_•—-—it—
Property retirement
Earnings-
1942---Month—1941
$850,157
taxes\
taxes
;
"
5,303.316
-
731,805
61,824
'
$8,377,207
5,957.338
36,295
759,932"
373,367
772,596
•
'
serveappropriations^'
Amort.'- of limited-term
!' Investments v—7-. ;
Net
oper.
50,000
,
Othef income (hef)7i_f 1'•
.Gross
Int.
oh
Other
Net
income
mtgef
int.
and
income'
Dividends
•'
$140,620
bonds—.:
'•
4,477
600,000"
'
3,707,"
$1,610,067
516
$112,661
745,750 7
deducts.
,
309
$112,145
-/640, J
'
:50,00b'
"•
$139,980
______
—
=
309
revs.-,-—•
v
%
-7,647
$1,617,714
to
600,000
3,707
•
$1,324,221
V
5,663
•
$1,329,884
45,750 'V .549.000 !. "
349,000
•
56.306
55,409
,-4,407-
Li—\
applicable
.
'Includes
$90:393. v" $62)504 "$1;012.408
preferred'Stocks.:—___•
429,174
$725 474
"429,174
v-—• r—$583,234
provisions
month, and .$117,097; for
denrecjation amounted
share
per
•—■—;
.
Not*—TJnreali-'ed
of
stamp
from
Net« from
to
•
was
per
announced
dividend
The
railway—
railway——
Balance
Net
$3
1942
from
—V.
85,210
'
of
par $100, payable Sept. 1
distribution was made on this
similar
From Jan. 1—
.
1940
"
$94,354
received
dividend
preferred stock,
15.
amount
from
Gross
distribution
reserve
any participation in any,
finally .become available from "the reserve for taxes, '
the
declared
Aug.
in
but unfortunately precludes
mav
7
Bessemer & Lake Erie
such
successful
further
a
of
with
of
Net proceeds from sales of securities
Cost of securities sold—_
Gross
exemption
,
■
Manufacturing Co.—Sept. 1 Dividend—
the
Best &
.
.
of June 30,
the
amount
any
10,898,619
expenses
of
2,956
823
July—
,
foregoing taxes and for liaui-
as
Should
156,
Gross
very
But far this possibility of a later liquidat-.
assumed that many stockholders would prefer to
is
and
treasury
expenses
the
to
of
•
.
to
companv
10.6%
bonds
•
purpose:
prior
which
per
alleged
this
stock
their
amount
Exchange Commission has granted Denis J. DrisThorp, trustees,, and a number of direct and indi¬
the. acquisition
16
396.
last.
2,
said
were
Belden
advisable
seems
be liquidated and
plans for possible dissolution were
position that such transactions were tax-,
is upheld, the additional taxes on company,
established
been
made
dividend
redemption
and
L.
429,406
2
,7
:
1503.
p.
Distribution Plan Details Announced—
and
$919,329
415,306
•$62,049
the
on
record
Mar.
on
ages
of
company
the .company's counsel
resale of such stock.
It
position to whatever extent is
this
be
Provision
The Securities
$944,722
61,232
of
the
on
have
holders of
has
company
directors
accumulations
therefore, with re¬
is likely to shrink.
to
practice
opinion
22,859,464
6,103,672
ration's trustees.-
coll
•$15,632
790
156. p.
of
time,
33,758,083
4,555,201
.
v
on
—_■——7
of
operating
company
well-established
income
of
make while
position
Treasury Department's
11,215,787
cos
income
13,051
2,063
58.943
___•
personnel
treasury stock in 1937 and subsequent years,
$10.40
for
Dividends
•Bal.
9,506
"l
debt-
discount
appreciation
•
Gross
$906,278
Baurh Machine Tool Co.—Accumulated
Dividend—
;
Other
95,476
$135,216
c$2,316
:
dis¬
distribute
shareholders.
its
period of
a
that
31,783,889
281,557
of
benefit
-
revenues-.
105,105
*$17,695
,
.
7C3
debt—
debt
42,579
•$3,109
.13,715,171
15,489,432
voted
and
possible
period
a'
the
shares,
the
dissolution
is
then
however
6,812,099
affect
for
postponed,
experienced
to
taken
by several weeks,
profits,.
taxes
Net
8,645,759
declared
Excess profits (Revenue
Act of
1940),
Other
9,548,151
26,
cash
than
more
(except
liquidation value of the shares
available
have
capital
Income
4,138,264
(depr.)
Aug.
into
,
135,524,026 127,619,939
52,825,450
Net
(amounting to $5,500), which have
reduced
the liquidation
value of the company's shares by approxi¬
mately $3.68 per share in the aggregate, of
which about $3.32 is
accounted for by the tax reserve.
i
$
58.497,119
the
was
asked
this
and
13,827,023
65,089,474
assets
difficulty
over
real
available.
if this
contest
110.780,002
—
of
$810,802
fixed
unfunded
on
funded
and, with interest, approximate $50.000.. This appears to
undue hardship on the stockholders, and the directors intend
5,783,985
26,866,617
size
the
with
sales of
on
7,278,903
68,037,112
retire,
for
funded
on
Amort.
substantial
52,026.586
28,713,422
growth
investment
profit
was
and,
based
ago.—•
Subs.)—Earnings
$
revenues,
for
avail,
♦Deficit.—V.
meeting,
the
indefinitely
redeemable
forward)
going
1942—12 Mos.~1941
exp.—operation—
Oper. exp.—maint.
Prov.
total of 15,358 shares; and
in full.-r-V. 156, p. 660.
have done
of directors
whenever
contesting
Total
Int.
40,300
oper,
charges
Int.
foregoing and in spite of the fact that directors still
that the ' aviation field is one which offers oppor¬
wise
having
7,584,335
Oper.
l:
the
per
.
55,409.239
——.
the
Reserves have
Corp.
be
its
sincerely
5,043,538
revenues,
of
taxable
no
12,170,952
year
.
$
electric
of
Increase
an
1942—6 Mos.—1941
Miscellaneous
•/'
.
was
resold in
each instance at
the liquidating value.
However, in
spite of this long-established practice, and the fact that the company's
tax
returns have always
been filed on such basis, an agent of the
Treasury
Department has verv recently
(and in connection with a
Corp. report for the week
Associated Gas & Electric
111,401,698
...
Electric
the
This
of
convert
increasing
to
conformity
tions
76.321
Electric
(kwh.).
production
Associated Gas &
Gas
view
In
319,360
140,067
:
of
output
123.572.650 units
•
solved.
2,155,262
715 205
377,075
691. 488
in
size
the judgment
87,478
156, p. 660.
Oper.
in
$349,855
Gas
■1
;
inc..
income—met—„
Inc.
President, in announcing the proposal, stated:
further
to
shares,
results
small
stock
Associated
Lines—Acquires
"•
■
.
adjourned
an
'
510.
10.9%
or
deemable
This
products."
Its
seems
such
other
as
vV
at
conditions
war
company.
tunities
264,977
of
Railway
Inc.—Liquidation Approved—
company and
John D. Warren,
believe
2,961,944
trustees
stockholders
securities)
the
Associated Gas & Electric Co.—Weekly Output—
...
.
with
$437,949
railway-
p.
the
in¬
53,538
:
-
received consisting of a
were
the
Present
sub¬
126 725
oper,
156,
Navy's
substantially
research
well
as
it
1841
railway
ircome—
from
ry.
—V.
cable
$445,619
ry. oper. income—
From Jan. 1—
Net
The
solve
them.
RR.—Earnings-
railway——.
S.S.
President, on Aug. 24 announced that under
purchase preferred stock of this company at $40
to
lenders had been accepted
con¬
complete
conjunction
continuous
on
this
in
and
the
supply
1940
In
i
Net
Net
help
to
product.
1942
from
Gross
order
■
July—
Indies
Bloom,
Aviation Capital,
purpose
of
Rent income—net—.i
.
:})'.*.■
West
&
inc..
oper.
they know us."
The company has worked in
carried
development
395.
p.
in
this
for
faci ities
provement
156,
Navy.
Navy
requirements
creased
—V.
the
to
Gulf
tenders
that all
no justification for the charges made by the Federal grand
this company has violated Federal law with respect to sales
cable
3,23.9,617
..
■;
S.
offer
recent
How¬
war.
is
insulated
of
660.
p.
Stock—
Anaconda Wire Statement—
Jury that
156,
Atlantic
never¬
as
the
the
win
to
but
much
as
undertaken
been
the
in
working
and
unavoidable
are
income
tax —7,668,000
f
—v.
Railway
*
.
confusion
some
Fed.
8,923,990
Other
that our wholehearted endeavors will be
Navy and the Army
venture
when
Navy
has
harmful
most
.
income.
oper.
ry.
•Includes
brought, to 'get on' with the job
Government
the
which
that
is
We
the
satisfied
are
that
Justice
tinued.
turning
are
in
been
crises,
grave
of
ever,
has
:
of
within
purposes
industry,
We
strive
;
times
are
will
which
action
Net
1942,
..J.7
:
for
the
Federal
12
taxes
months
of
$18,713
ended' July 31.
(the ■amounts-required under the
Reveu,ue Acfc pf
for
$296,301
the
current:
1942, additional
l94L^-v; 156;
p.
511J
(Continued ^ohrpa•'
;
Volume 156
THE COMMERCIALS & FINANCIAL CHRONICLE
Number 4103
•
Stock and Bond Sales
DAILY
NOTICE—Cash and deferred delivery
sales are disregarded in the day's
New York Stock
WEEKLY
-
furnish
we
YEARLY
-
unless they are the only transactions of the day. No account Is taken of such sales In computing the range for the year.
range,
United States Government Secvurities
Below
the New York Stock
on
Figures after decimal point represent
week.
;
\
[Close
Aug. £5
Aug. 21
Aug. 22
Daily Record of U. S. Bond Prices
Treasury
High
4l/4s, 1947-52—Low
Aug. 26
Aug. £7
Aug. £8
—
—
(High
100.13
Low
2Vis, 1962-67——Low
100.13
100.16
(Close
100.13
100.16
Total
sales
in
High
2
Vis, 1967-72———.
—j Low
-
•
X' '■■
V
6
—
(ClOSe
..:-k
Total sales in $1,000 units——....
..
(High
1954-56————J Low
[Close
2%s,
Low
units.
Total sales in $1,000 units
.
(High
Low
[Close
(High
1947—————j
2s,
Low
'•■.'[Close
Total sales in $1,000 units.——*
....
k:kk';.>;.:-
Total sales in $1,000
High
110.15
Low
110.15
.*•
[Close
Total sales in $1,000 units..
101.4
2s, Dec. 1948-50.;.*
units—u
(High
—J Low
Total sales in
3
$1,000 units—*—
110.1
Low
[High
•
.
110.1
[Close
110.1
2%s, 1955-60.—.—
Total saleS in $1,000 units
(Close
;'
Total sales in $1,000 units
2s,
Low
%
—
(High
1949-1951———-—-j Low
(High
———
Low
2s, June, 1949-51;..*————
1
—
•1
[Close
110.15
—.
High
2 Vis, 1945-47-
101.4
1948-50...—
[Close
Total sales in $1,000 units..
101.4
Low
V.
2\ March
Low
(High
[Close
(High
.
.
■
Low
...
High
k-;'
25
•
[Close ;
[Close
Total sales in $1,000 units
101.5
5
(High
—
[Close
3s, 1946-48.-.———
101.3
w—.
Total sales in $1,000 units.——
Total sales In $1,000 units.—.——
v"
101.7
-
Low
'
'
-
2%s, 1952-55
Low
rkkvc:
"101.5
11
2%s, 1951-53—
(High
YaS, 1949-52
101.5
101.3
(High
102.29
[Close
3 Vis, 1946-49.
2
101.3
101.7
k—
•
.Close
102.29
102.29
100.16
'
101.7
'
Total sales in $1,000 units—
;
(High
Total sales in $1,000 units
V--
■
Low
(Close
Total sales in $1,000 units
:
1
$1,00 units.—
( High
3%s, 1943-47—————Low
3s, 1951-55.——.
»*i'M
——
High
Total sales in $1,000 units
k -"k
k'—
^
-
(Close
3%s, 1946-56——.*—.*.—;-
3 Vis, 1944-46———
k■
Aug. 26
(High
2Vis, 1956-58—Low
:kk;,'-:
k:
(Close
Total sales in $1,000 units..—....
•■'•
Total sales in $1,000
Aug. 25
[Close
,
Total sales in $1,000 units—
3
Aug. 2 lr
Total sales in $1,000 units.
Low
.
the New York
on
Low
;
Close
Vis, 1943-45—......
bonds
(High
"High
4s, 1944-54-
'
Aug. 22
Daily Record of U. S. Bond Prices
Treasury
2 Vis, 1952-54
—-
coupon
32d 0/ a point. (See note below).
one or more
Total sales In $1,000 units.*.,..——
3
Exchange
daily record of the transactions in Treasury, Home. Owners' Loan and Federal Farm Mortgage Corporation
a
Stock Exchange during the current
■•■■■■'
Exchange
Sept.,
[Close
Close
Total sales in $1,000 units.—.
Total sales in $1,000 units
—
•
'/'.' -v-
•■•■■;
——...—J
2Vis, 1948-51
(High '
(High
2s,
Low
] Low
1949-1951—
Dec.,
[Close
[Clese
■
Total sales in
Total sales In $1,000 units.———
$1,000 units...
'
High
(High
J
2Vis, 1951-54—.—.—
1951-55—Low
2s,
Low
[Close
[Close
k'k'
Total sales in $1,000 units;—
\.vk;,v:k.k;;;:,-.--Vk-
\ Low
[Close.
2Vis, 1956-59.-—;.-—.—
k'k k;
Total sales in $1,000 units——_
k.k'
(High
-kk,V. k,
(Close
Total sales In $1,000 units.;..*—'
v;k; (High
2Vis, 1958-63—Low
sales in $1,000 Units——•—-
Total
3%s, 1944-64—Low
'
■•
.
.
(High.,
Low
(Close
Total sales in $1,000 units———;
k,
-(High
—s-
2Vis,
2Vis,
; V ":
,
:;<•■:
■
-l:'.". '
,
1949-53—.———-.I Low
(Close
'•■■:: k-kkk'
(Close
'Wk
Total sales in $1,000 units..
•Odd lot sales,
—
tDeferred delivery sale.
tCash sale.
Note—The above table includes
Total sales in $1,000 units....—
2Vis,
High
1945-47——..*—*——| Low
l%s,
1948—-™——.J
:k
Close
3s, series A, 1944-52—;——
Low.
k-k'. ;kk: "'■■'V
.v':-(Close
x
Total sales in $1,000 units—.—
■■:;kk
>k-v
[High
k-kk'-^::k./:k
Total sales in $1,000 units—
■•'•
_
,
Low
Total sales in $1,000 units———1
.
Home Owners' Loan
■■(High
—.] Low
[Close
1945———
(close
'
3s,; 1944-49-.———>;-•
Total salts in $1,000 units—..;
;■■
"
.
;k'-kkkk .k;'
(High,
2Vis, 1960-65————] Low
■:■'■■'
[Close'
2Vis,
■
Total sales In $1,0Q0 units—;.*
k^
- r'■ v'-kk '
High
Total salts in $1,000 units.———;
;
(High
Federal Farm Mortgage
[Closa
kk-;
(High
-_*—*—( Low
1953-55—
2s,
•
(High
In
1950-52————.—i Low
(Close
:
;
,
J
;
only the sale of
?
coupon
k'-k
>
bonds.
Transactions
registered bonds were:
No sales.
•
,
Total sales in $1,000 units.
NEW YORK STOCK RECORD
STOCKS
•
LOW AND
Aug.. 22
HIGH SALE PRICES
"
Monday
Aug. 24
Saturday
;
Tuesday
.
Aug. 25
Friday
Aug. 26
Aug. 27
Sales for
Aug. 28
Thursdav
Wednesday
YORK
NEW
the Week
■
I
t per share
45 V*
*108
45 V4
45%
109
I per
45%
*108
45%
45 %
*108%
35
#*51.
42%
*40%
42%
*40%
42%
6%
6%
6%
6%
6%
6%
23%
*22 V^
23%
*22 !A
*22%
*32
*22%
13'A
13%
13%
13
13*/a
12%
12%
33
32%
32%
32%
32%
32 >A -32%
*59
65
2
2 Va
75%
65
;
2
*73
♦71
,
*
&
•4%
1S6
.
4%
-
♦12
*12
*58
4'A
*4V'a
10%
5%
*67%
68%
24%
-24 %
♦16%
■;
n
■
1/a
.
'■:'
14
1,000
4%
4%
1,000
*4%
4%
.4%
4%
400
12%
*11%
17%
69
*57»/2
69
*57%
69
*58
5%.
69
*4%
14
5%
5%;
*67%
68%
24%
24%
17%
*%
*12%
59 VA
21%
21
38%
■
4%
*131
*10."
10%
13%
17%
.
.
133
*10
•
*58
4%''
133
%
59 34
•
'
10%
134
*10
.
13%,
.5%
*67%
68%
*67%
13%;
23%
17
23%
24
17
•.%
*%
13%
*12%
*16%
'
%
13%
59
.58%
58%
20%
21
20%
20%
38
38
37'
37%
*%:■
*123/a
60
•
4%
800
5%
68%
68%
68%
23%
23%
23%
.n
17%
17%
17%
■
■
*%
.
*12%
13%
20%
37%" 38
.
.
Acme Steel
48% Jan
13
5% Apr 24
18% Jun
8
7% Jan
3
5%
21% Aug 15
Ala &
Alaska
Inc.—
10
Vicksburg Ry Co.—>——.100;
Juneau Gold Min
10
Mar 27
.
38 y4 Jan
51%
Jan
8%
Dec
*17%
Dec
24 y4
9%
Dec
68
2
k
Jan
6
Mar
157/*
75
Aug
5
Jan
.
Sep
1% Mar 24
2% Jan
13
94% Feb
10
% Jan
-7
Jan
26
5% Jain
26
3%
Dec
27
11%
Dec
2
6
3 % Apr 17
3% Apr , 18
9% Jun 23
17
Jan
Alghny Lud Stl Corp...No par
16
May 25
22% Jan
72
Mar 14
73% Feb
1% Dec
85
Deo
%
Dec
99% Aug
% Jan
3%
:
Dec
10%
Jan
9% Aug
21%
17% Deo
2
Alleg & West Ry 6% gtd——100;
Allen Industries Inc—1
Jan
July
73
:
45
69% July 15
A Jan
Aug
34% Nov
6
61
Sep
Apr
13% Aug 19
29% Apr 28
...No par
Albany & Susq RR Co..—..——100
Allegheny Corp..——par
:5%% pf A with $30 war—100
5%% pf A without war——100
$2.50 prior conv preferred-No par
Apr
25%
Jan
27
Allied
Chemical &
Dye—.No par
preferred—
....—..—100
Mfg——;_No par
Alpha Portland Cem..^..;—No par
Amalgam Leather Co Inc..——1
preferred—;..——50
Amerada Petro Corp.——No par
2,800
1.100
Am
38
7,000
American Airlines
Agrlc Cb^m
("Dell—...No par
Inc.—
10
149
Jan
135 y4
6
12 y8 Jan
26
14% Jan
26
6 Ye Jan
27
:
Dec
Dec
11%
Jan
167% July
"
May 25
■.
Apr 28
64
July, 3
22; Apr 29
14% Apr 17
5%
6 % conv
*4%
5% Jan 13
3% Apr: 9
118% Apr 28
Allis-Ohaimers
19%
,
Sep
43% Dec
41% Jun 18
"■4
800
54%
13
Co.————-——25
Adams
60%
19%
37%
.
Dec
16
Jan
11% Apr 24
: n
34
Jun
43
Allied Stores Corp—»._No par,
2,400
55%
12
109
May 14
Allied Mills Co Inc.—J——No par
loo
Feb
Mar 24
10
13%
60
60 Va
*19%
:
Highest
$ per share
46
May 14
31 1
1,600
5%,
49% Jan
104
4,300
13%
$ per share
share
Allied Kid Co.—-5
10%
13%
5%"
1,800
134%
*10
10%
.13%
h5%
58%
759.
4
134
5%
38%
page
4
'
400
*4
13%
21
'
-
*133
4%
134
59%
.
300
12%
*17%
13%
see
: %
17%
17
39
footnotes
%
:
*17%
*%
*38%
For
1,700
*11%
24%.
*205/a
59 3A
20
:
175/a
*123A
■
;
2
75 Va
11%
24%
>
70
2
$ per share
preferred—..;—.—100
4%
Air Reduction
'72
Lowest
Abbott Laboratories...:——-No par
3,000
17%
17
■
ioo
1,900
Year 194J
,
Highest
37
2,200
11%
68%
*67%
;
k
"
0
*4%
v-fvk:;' Par
33
*65
32
,*4%
r
13
17%
133%
5%
,17%
*
*11
A
,4%.
kk:
Abraham & Straus.;—;.—No par
23 Va
2%
75%
.*%
,;.
12%
65
•
*2
*72.
.4%
io
k
t per
Range for Previous
100-Share Lots
Lowest
32%
*22 >A
23 Va •'
32%
12
-10%
*10
14
13%
.
13%
5%
4%
-.
On Basis of
f
Express—.——No par
Adams-Mills Corp
No par
Address-Mutigr Corp..———10
17%
4%
132%
13%
4%
43A
65
2
600
kr.
6%
12
69
*4%
.
134
*10
4%
42%
6%
17%
♦58
69
134
4%
:
*41
6%
12%
17%
17%
,
42%
'■
36 Va
13%.. 13%^
75%
•*%
*45/a
.
3*2
*31
32%
65
2
*72
'
12 3A
17%
4%
•59
2%
75%
3*2
4%
*4%
47/a
65
2;
*70
•A'
32
4%
4%
*59
2
75%
,
36%
*41
V-
23%
13'A
33
i *59
108%
;
45%
108%
108%
*31%
6%
23
*45%
45 VA
108%
*45
*108 f
109
35
Shares
$ per share
$ per share
share
42%
42%
6V4
*22 y4
•45
45%
*31V*
35
*42V4
# per share
109
*108
*31%
•6«/a
share
ver
Range Since January 1
'
STOCK
EXCHANGE
H Aug 19
■
;
Jan
3
81
18% Feb
43
60 % Aug 28
•
14% Apr
.9
87
Oct
24%
.
37
Jan
Dec
Sep
Dec
21% Aug
1% Aug
10
Apr
20
41%
Feb
63% July
14% Mar
3
18% Jan
Dec
Dec
5
%
1% Jan 26
12% July 24
Mar 27
11%
Aug
71% May
;
13
30 Ys- Jan
13
10% Feb
27
,
Sep
18% Jun .30
23% Feb
.6
14%
Feb
22%
Dec
25y<Apr 17
48 y4 Jan
3
40
Feb
58%
Jan
750
THE
LOW AND
Saturday
Aug, %'i
(
/}
7%
i
44
26%
-I%
1%
67%
*165
-
25
25
-
*58%
17%
*87
*14 Va
'
*
*5%
6 Va
*10
10%
-
*%
%
*%
24
60
17%
17 Va
*106
32%
1
17%
*14%
17 Va
5%
5%
15%
33
33 V2
*19
28%
28%
30%
29%
30
27/8
2% '
10
*4%
*4 Va
*18%
%
\}
2%
49%
*2%
19%
49%
33%
27 '
29 '
•",%
*2%
3
,
"
49%
*49
50
1%
*1%
31%
31%
*3%
3%
3%
3%
♦10%
*4%
32%
32
2%
,
27% 4
.
*29%
35 Va
*114
?
'
49
1%.
3%
*
49 Va'
*48%
49
1%
-i%
32'%
32%
3%
3%
3 Va
3%
5 Va
*5"
38
5 Va
5 Va
5 Va
*37
;/
38
*5
„
:/
"•: 38%
*37
-
11%
11%
-5%
41/4
7%
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26 "
5
American Home
;
5 Va
100
■
|
,-*114
25%
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26
15
-
14%
4%
14 Va
15
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146 -
9%
14%
4%
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*141%
9%
55%
56
'
55%
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7%
7%
7%
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9%
9%
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►
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146
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55%
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9%
,r
28
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9%
38%
-27%
27%
V. 7 38
27%
28 /
27 ~
27 Va
27
38%
37%
38%
37%
f
*
39
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7'/a
38%
145%
-144%
33%
145
144%
19%
19%
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19%
11
10%
10%
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10%
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10 %
16%
16%
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16%
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34 -
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144%
144%.;
144
144 %
33%
18%
18%
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18 %-
18%
■
10%
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no
*10 -
86 Va
'16%
16%
85%
'
16%
♦16 V2
87%
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21%
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21% V
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119%
119
-
119 Va
119%
118%
119%
41 %
41
'
41%
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41%
40%
40%
43%
43%
43%
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43%
42%
43%
133%
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133 Va
133%
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4%
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4%
4%
4%
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5
27%
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114%
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4
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•;
27 %.
115
26%
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114%
16
-
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2V4
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59
57 '
3%
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-
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33
3
3
55%
26%
33
109%
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13 "
109%
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2%
55%
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51
2%
54%
3
♦44 -
25
6%
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6 Va
6%
-*3%
4
*3%
4 Va
*81%
90
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6
.
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90
6
:
70
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70
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62%
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65
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26%
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26%
98%
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1
70
65
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26%
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98%
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>
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43%
44%
43
68%
68%
68
28%
29%
27%
20%
*19
20%
19%
19%
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41 %
*40%
41%
*40%
41%
17%
17%
17%
17%
17%
17%
V
*6%
6%
#47%
48%
;
47%
47%
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■■
6%
Apr
20
*1%
1%
*19%
21
3
6%
48%.
28%
27%
28%
28
7{
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19
;
48%
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1%
1%
'it
20%
"
*19
100
Razor__
52% Apr
■"
■
-118.50
"
20%
3%
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'
No
Mar
23%
Jan
12 Va
3%
12
17
*101
102
Jan
59
28
"3%
V
Dec
Jan
-
155
9
Dec
50
•
•
6 Va
12%
11%
11%
3Va
3%
3%
3%
6 Va
6
6
1
*5
5%
27%
*5Va
5%
27%
27%
*5%
27%
27
*9
9%
;•
*9
9%
*9
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5
•
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5
*25
25%■<
10 Va
7
*6%.
&
13%
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110
10
20
26
104 Va
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10 Va
13%
20
♦ OS*
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25%
10
13%
13%
20
"24
13%
<
25%
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110
26
*26
26%
*81
90
*81
90
*7%
7%
7%
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13
13
31%
*13%
13%
*13%
*52
53
*52
31%
22%
54
110%
Fr>r
8 Va
53 Va
see
27
43 Va
Deo
Feb
24
VV2 Aug 21
4%
6
Dec
29
Dec
33%
Elec
Dec
*46%
x45%
45%
113%
*112%
113 %
/*7%.
8%
v:
*7%
400
-
20
1%
1%
21
20%
.
1%
8%
*1%
21
.■
*19'A
'
2
22
300
3
.
3
3 Va
3
3'a
20
12,500
■V
13
10
Aug 22
:■
.; 10%
8%
5
25%
10
No
"3
20%
Feb
6
15%
Dec
9% Jan
2
12
Feb
4
8%
Dec
11% July
7% Jan
3
11
July
8
6%
Dec
13% Jan
Mar 26 7
15
14
Jan
14
Feb
2
43
21% Jan
14
23
297
134% Jan
24—
49% Jan
27
34% Apr 20 y
120
Apr; '6 7
50% Jan
27
Sep
54
Dec»
Jan
150%. Jan
28%
Feb;..
Jan
22 Va
.
Jan
Sep
98
i
11% May
115% Dec
6
33% Apr
155
Dec
13
'
Aug 14
lOl'A Apr
>
81
•
45% July
Mar
29%
139
13
97% Jan
138
40%. July
,
•
Sep
19%
Aug
168%
Jan
43%
Dec
73 %• Jan
'43%
Dec
74%
143% Jan
14
'5
19
X143
Dec
159
3% Apr
22-
27;-:
Jan
3%
28% Aug
3
6 '•'■ 116% Jan ' 2
Dec
112
1% Apr' 15%
3% Jan
3
29
770% Feb ' 3
Aug 14
"■'7 3% Apr 18
6
5% Jan
par
Deo
23 Va
"Apr 17-
108% May
par
par 1
52
.1
/
77" 2%
7- >
Dec
7%
Jan
14
Jan
5
17
Jan
*3
'
1"
of
10
Mar 11 "
Xl07% Jun
51
Jan
Jan
35
12 7
May 26 7
67% Feb
1
66
Jan
12%
Jan
2%
Jan
33%
108% Mar
112%
Sep
Jan
2
29
July
2%
5% Mar 20
5
7% Jan
Dec
...No
70%
Jan
72
Sep
Dec
34%-
Jan
6 Va
26
Jan
60
20%
/
9
2% Apr>28 7
4% July 10
82
May 267 •
July 3
5'
4% Apr 23 7 7" 6% Jan
par
•"••
7—100
.
"•"•'
79
61% Mar 24 7
preferred..!.
53
Dec
9%
Sep
6%
Jan
91%
Oct
3
;
Line .RR
9
Jan
Jan
83
•
26 Va Aug
Dec
•,
87%
Dec
Dec
10%
78
Dec
88
76
Dec
102 %
Aug
20
Dec
35 Va
Jan
82
17
-
5
Aug
96 %• Mar
.
'
'6 "
27% Jan
19% Jun
,
25
2
16% Jun
100
98% Aug 20
2
60 '/a Jun
24
,
v
45% Aug 19
.
33
297/a Aug 19
34
Jan
'
pref series AJ777Z.7-100
45% Jan
18
Jan
31% July
Dec
Feb
70% May
28 Va July
13%
Feb'
16%
3
23% Jan
28
109% Feb
20
VCorp.__7777_2™_r__™_7l3
6% Apr
■.
7
11
«
!
Jan *
19%
Jun:
107
-Jan' ': 5
50 V* Feb
46% Apr 25
45%
6%
-
16.
May :r
Austin
Nichols..;..
./.No par
$5 prior A...
l'_
No par
/7 Aviation -Corp, of Del (The) ™-.^i3
,
43
70 > Janj
May 25
Sep
*7% July
51%
.
>
;
?
7'
Apr
;
1%
Apr'17
/
May
72
111
Apr
121
26
6
Feb
9
Jan
9
4Vr Jan
fi
22
28
2% Jun / 2
Jan
61
17
25/a Jan
30
15% Apr
Nor
5
Jan
116 ''
'
•
Deo
9 V# Jan
May 23
,
111
Nov"
111%
Feb:;
47%-Feb?
Oct
56
28%
,<
r
*
-
.
Sep
13%
.
5
Mar 16
14% Apr 30
99% July 20
100
.Refjning.__-_7.7._™.J25
Sep
53%
1
Mar >2
70
Sep
5%
77% Jan .8
29
Jan
81%
No par
Jun
20
7.-72.100
Sep
5%
47%
21
Jan
115%- Oct
Feb
26
4
Aug
21
17%
Dec
14
50
par
Dec
15
4% Jan
July
35% July
Sep
>
Jun
%
111% Mar 12
.
Jan
30
Deo
'.'7
•
Sep
8
66% July
Apr
110%
16
Aug
81%
Feb
11%
1% July 28
27
2% May 14
■7
22 Va
7 24
112% Mar 19
May 26 '
7"7% May 207
....
Feb 7
"
gtd--100
7.
28% Jan
30
■27% Apr
Corp...
May
51
Jan
8%
"
Dec
46 Va
1
par
Co ..'——No
2%
13
Mar 11
>107
99%
Dec
14
24% Aug
.7^.72.5
Dec,;
Jan
50
.7'12%
.7-7-20
3%
5% Jan
237
22% May 20
par
64%
'
14
29 v
Jun
150
Midrd__™_JVo
Corp
conv
Jan
29 Va Aug
116% Aug
Sep
76% Jan
Aug 10
73% Apr
•
.7.125
-No
(Del) pf 7'/«
Coast
Jan
Jan
'
•
Mining...
,7
1% May
;
;.
13
May/
V 2%> Apr ,■)
;
*■
»A'
Oct
:'V9% July
■'
37/a. Oct
25%
Oct
b v*
.1
llVa
2,800
Baldwin Loco Works
3'/«
3 Va
3 'ii
3%
3%
2,700
Baltimore
5%
5%
5%
57a
6
6
2,500
5%
27
11%
-
*5
5'/a
27
21%
53%
110
52%
109%
75°.
4%
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9%
7
11%
4%
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25%
*25
10
97n
!.
5
5 3a
27 Va
170
Bangor
,>■ Conv
9 Va
400
Barber
Barker
20%
19%
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25%
26%
83
8 V8
*104Va
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*81
8
13%
25
13%
13%
100
5 Va
20
9%
13%
110
*104 Va
2,100
Bath
110
300
BayukT Cigars
500
No
paf
._50
.7_5
™1
Corp.../..
Beatrice'
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110
26 %
85
*81
85
*81
85
■par
8
Beech
Creek
RR™
1,000
12%
4,200
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30%
No
Belding-Hemingway
Belgian Nat Rys part pref—.
Belh Aircraft Corp......./..
31%
30%
31 Va
31%
32
6,300
Bendix
-.5
*13%
Aviation
13%
*13%
13 %
200
Beneficial
*53 %
54
*
53 %
53 31
*53
53%
*21%
22
*21%
213i
53'
22
22%
800
Best
53%
3,600
52 Va
52%
110
53
-
-110
110
53%
<
110
2%
27
3% Dec /
3% Dec
,
10% Dec
"6% Jan
26
2
31% Jan
20
18%
10% Jun
26
t,
19
Dec
Jan
:
4% Apr
25
24% Aug 20
8% Jan
12 Va Jun
1
2
Dec
12%
x
" Apr
5% Dec
6
Jan
30
Jan
20
; 27%
27
7%
Feb
27
3
18 Va' Jan
6
15% Apr 30
21% Jun
6
20.
25% July 15
110
Pr
500
103
?Apr 15
13%
Mar 20
&
Loan
—1. No
Co
No
par
Steel
par
(Del)—.—. No par
}l%; preferred-.//—.—
:100
24
6% May 14
13
pfd $2.50 div series '38. .No par
Bethlehem
1
Indus
_______
par
Apr
8
May 20
9% May 20
28% May 21
9% May
104. Va Feb
97/« July
35
Sep
10% July
Dec
247/a Mar
Dec
31% Mar
Dec
102%
Dec
106
Oct
24
28%
Feb
32
Apr
110% Jan
10
Jun
126
Jan
8'/a Aug 24
15
May
8
108
6%
Dec
10%
Jan
17
32%
Apr
41%
39% Jan". 3
Jan
13
10%
Dec
Jan
23
50
Aug
24% Jan
19
27
1
8% July
Oct
16% Mar 30
14
July
27% July
16
Feb
30
52
17% Apr
Sep
17%
6
49% May 25
Sep
July
20
46% Mar 18
105
34
12%
Dec
ll'/a Jan
Jan
5% July
8% July
•7
64
12 %
*109
28
7% Jan
Apr .15
Jan
-20
12%
13%
2
4'/a Jan
6% Mar 25
Beech-Nut Packing Co.
100
12
,13%
4
22
23 V2 Jun
12'/«
13%
;
-50
...
11%
*13%
14% Jan
3
23
4'/a Jun
"
*26
*7%
No
Ino—
-25
"Creamery./.
$5 preferred w w___™_;_ No par
54
53%
-10
L
Works
20 %
21%
110
CM
25%
26%
7%
.100
Co_™i_™7.
preferred——
Iron
..50
preferred.™/.
*19%
*26
7%
Aroostook.™
*24
26%
8
%
Barnsdall
2,300
+
*13%
13%
5
"
9%'
19%
25%
#4 Va
it
5%
29
'
Brothers.1
300
9% Jun
,,'2% Jun>
.100
—
Asphalt Corp..
25
9%
*24
.100
5%
25%
*19%
-13
v
9' i,
9%'
•
t c_.
Ohio.'..——..
&
..,'4% .preferred———
*26Va
27
9%
25
31%
*53
11%
5%
27
9%
19%
110
31
*13%
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13%
31%
13%
'■
11 Va
3
13%
13
11%
".,
13%
12%
page
Oct
Mar 14
35% Jan
78% Mar 27 V;
2 7'
17% Jan
Powder—.27—'^iL.—No par •
5%7Conv, preferredil__7—__100
/-•Atlas -Tack Corp_._^_/J5_'_s._-_No:.par/
Jan
July 13
par
■§%■;? prefeir.redjr.7i!__t.7— u._r150
7 Atlas
Jan
'
7.
16% Jun
par
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-preferred—...™
4%"
Atlas
100
.
Jan
73%
:
Dec
35
;
777100
preferred
,5%
500
•
"
9%
*13%
22
*109%
footnotes
*26
53%
22
54
'109 %
5%
13%
*31
22%
25
83
*13%
12%
19%
■
*104Va
*25
Jan
Aug
15%
/
144
7'
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Cable."
Constable
Atlantic
100
6%
*47% *
48%
47%
"
*25
10 Va
7%
165 Va
Feb
Jan
Jan
Jan
147
; Atl G & W I SS Lines!™™ll_'.l
10a
2,800
*112%
8%
-
Aug
3%
V i''
6
3 Va
*5%
26%
Dec
B
11%
121 .7 Apr
11
par
No
Atlantic
2007
417,u
Sep
Dec
29
par
-No
11.20Q
'
3
111
v
29
Apr
138% Jun
'5% preferred_.i,.2_1___ —"22100
Atch' Topelca & Santa Fe._._221100
5%
preferred-7l_._--_____2.2l00
;
Jan
6 Va
23.
24
May 25
"351/a May 14
132% May 14
.—100
B...177
Cork
7 %-t 2d
10
:
3
Feb
4% Jan
;
4% Mar 11
6% Feb
™_100
•■'Assoc Investment CoJ..™
12,903
20% '
*40%
101%
*47%
47%"
v
13%
:
Feb
Apr
12
: 1,100
.
" "
*16%'
16;,/4
6% 7. 6%
113%
8%
'
'41%
v
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> 6%
' *7%
7
41%
:,.a6%
101% .101%
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2%
15%
.
26% Jan
Mar 14
Dec
'
'
41%
*112 %
„
%
100
7
28%
48%
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'7%
Jun
165
;
v*
"
"Associated Dry Goods.™
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"; 7"6% Tst" pl-eferred_i2_._77_7._100
.
10a
26%
,
113%
3%
V
68
.,*46%
3
"I-
65
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7«
97%
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11,200
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68 '::
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97%
47%
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70
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,
26%
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V
95%
7- 3% Apr 25
142% Jun 22
7
preierred_7'_.™.._™7._100
Artloom
V' 77—
Jan
•17'/.. Jan
•:i 9% May 25
nre^M-ed^.
&
Co
Armstrong
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77
5Vu
43%
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,:*47%
'•
67%
113%;
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3 Va
6%
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;
4 Va
90
*81%
44
19
102%
7
61
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16%.;,U7 ..;•;
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1%
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'
7>f'5%
98% -V V.
48 Va
.*7%
1%
,
V
67 V2
48 %
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'
-
43%
*47
8%
6%
119
21% May 21
par
8%
Aug 28
5% Aug 28
23% Mar
29
.......1727...7.77-100
ennv
&
.' Arnold
68%
*40%
■'
6%
:
Dec
12
30
May 15
113% Feb
Illinois...™
__5
$6 conv' prior preferfed__._JVo par
400
800
77%
50
Dec
7.7-25
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Wks
Daniels
Armour
ri v/o
;
*47 Va
■
1
112
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102%
Va
70
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68%
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5%
h
16
7%
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90
5%
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45
.*19
,
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26 Va
68%
,
.;
:... *6%
.
{
5
89% Jan
.
Dec
38
;
,
39
Woolen—No
Copper
Archer
80Q
51
26
9% Apr
4"
"
63
26%
44%
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•
16
$5 div preferred__._____._JVo par
a,400
54rVa
t
.
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6
Dec
Copper Mining
*"
; *25%
6%
*3%
#54
„
7
Jan
15
17%
Tobacco 12——No
"Armour & Co
2%
13'A
Jan
3ep
22
preferred_7__
nr'of
Andes
109%
2%
■
Dec
Jan 21
10% Jan
'
68%
295/'a
54%
*81 Va
.
70
45
29%
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6%
V
"
:
par
-
5%
68%
29%
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25%
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90
5%
44%
29%
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Jan
6
15
W
7
i
4>A
Feb
12% Apr
7* A P W Paper Co Inc.l™
t
Dec
4
par
Anaconda
!'
•
1%
Oct
2%
40
par
Anchor Hock Glass C0fp.___.112.50
;
Aug
2%
No
Anaconda
100
'
9 Va
"i*lVl
;
..
51
-
--r'w
V
"S5
51%
30%
46%. Jan
"
*58
98 Va
,,
25%
4V'e
*81%,
5%
*66%
.
3
*44
6%
J-
*3%
90
5%
•'
*66%
:
4%
*81%
:
6
.,*6%
e
,
Det
Feb
Dec/,,
Zinc Lead & Smelt
Amer
42 Va
"
Water
1st
0
6
%
Co7_71
class
Preferred
190
33 '
109%
54 Va
51
25 '
-
-
*8%
,
1%
"33%
*108%
54%
*
25%
''
*33
2%
"25%
25%
"
""■
*111
!
Jan
>33% Aug
May
20%
preferred....1.1™
$6
8,100
;
Jan
4%
Dec
.
'
M Jan
Foundries.'™,
Sumatra
Am
100
.
38%
Feb
2
27
,
Sep
26 Vt Jan
7»1
Stove
American
409
26%.;
7 .15%
29
May 25
Sep
24%
Dec
7 7
9 '
Siluff___7X-—™7™l25
Steel
5%
400
t
27
"*15
"9%
*8 Va
"r
-
200
j
26 Va
V
.
Apr
Jan
1
>
f;
Jun
preferred--™-™-.^
7..100
Inc.^.72'l_110
American Viscose Corp_....«7
14
7 200
3%
117%
3%
20
8 7'
65
'
45
r
26%'
26%
*1%
109%
"
55%
*40
51
25%
"■
33
*108%
'
-
<1%
"
26%
*6%
...
#42
Jan
1 Va
28%
.
.
May 29
2
5
Arher Type Foundries
iv; 100
'
'
49% Aug
6
7"' 6 %
.;7' 6%
i2,000
58
Dec
32% Aug 26
5
Mar
Jun
Amer Telep & Teleg CO..
7—100
AmericanTobacco_7——.i,™7_-725
Va1
t
Feb
1%
23
preferred-.:
V ."Common
7-6,200
3%
-
-
26%':,
;i5%-
26%
*
>.
"
3%
45
-
'15%
~9%
*1%
Am
100
,2,000
2 Va
14%
8
147
American Sugar Refining
7..100
Preferred _^^___-1^7__^-_7.-100
200
>3,900
47%;
4 ;,tv;
*3%
*55 Va
*111.
"8%
'
*108%
3
55%
50
26%
.>"101
»:
;2,400
2 %
*42%
.;
58
26
.
16
*111"
1%
"
*40
-
2%"
*3%
26 Va
26%
*15
~"9%-
*1%
33
*108%
109%
*55 Vb
>
.
i
6Va-Aug
,
15 Vs Apr
Preferred "
{7,400
114%
Dec
Jan
"
: American
300
"
4
*42
44%
25%
16"'
'*111
*8%
1%
3
'.
Safety
; American Stores
27%
•27%
1%
Jan
%
,,
10
5% Aug
Seating Co_!
—No par
""Amer Ship Building Co™__No par '
:Ameir Smelting & Refg
,No par
400
4%
*113%
47%
*56
3%
*42"
26%
"26%
27 Va
*111
■
_
133
'
4%
Jan
'35% Mar "67"
■
Stand Sftn'y™;—No par
TAiner
'
3%
Sep
9% Aug
.
par
;_t™_
V
43%
27'A
*3%
-42%
26%
9%
1 Va
6
Rad &
6
40%
Feb
Dec
.7.™-™No
Rolling Mill
conv preferred
500
16%
'
-
*8%
;
^No
Co7__l__->__l\ro
Preferred
200
i
Jan
Aug
95%
9
Aug 24
3% Jan
36
2% Apr
Ill_.„__-__1
American
780
J
I
32
13
25
Light.par
preferred
920
v,
21
8%
19 Va
•
t-^-tt-lOO
$5
Am
,
;2,900
118 'A
*132
114%7
2%
42%
'
••*15
">
>
'3%
"
27%
■'
27
*113 Va
42%
*3%
*
V.
Power &
American
118%
133%
2%
.
0 00
of
Ltd_7.
preferred
h,800
,-40%
•;
> •
4% ""'"4%%'
3%
*57%
44
26%"
41
.
43
47%
3%
58 %
3%
26%
•*15V4
*
7
10
I
7 42%
118%'.
40%
'
•3%
*57%
44
*111 '■*
118%
27%
*113%
T
-
•
*32
X36% Apr
1% Jan
par
100
'
-
3%
26%
*
*16%
"
2%
47%
3%
59
*3%
*40
7
'
27%
115
2%
47%,
*3%
%•'
27%
115
2%
>
"
43
*42
Co
Co
$6
•i
-
"
27%
'
7
16%
..
21
Corppar
American" News
%:
22
;
119%
"/•'
22
American
87
22%
Jan
July
Feb
Va
33% Aug 24
2% Aug 24
29% Aug 24
2% May 26
33% Jan
preferred__>™____i_™„ 100
Amer
10%
'
*85%
43%
*128
*10
6
25% Jun
•
'
♦21
40%
•
6 %
500
>10%
*10%
Jan
Nov
Jan"<
4%
July 24,
_™'_10
-
7.
Jan
121
Dec
9%
78
1
"
j
'
27
-3%. May 27
Prdducts„™™_l
Invest
"American
18%
xl8
•
'
10%
*20%
■
119"
».
A
18 Va
10%
7*10'.:"
85%
'
22%
18%
10%
•7
10%
22%
'
*84%
34
144
10%
10 %
*
"
*21%
*33%
♦140V4
"•-
*33
144%
4%
;V
6
Leather... A----1
Metals_l™i__No
900
145 Va
*140%
34-,.
*140% ■144% ,/
33%
*140 "
144%
-
'
10% Aug
% Jan
;
"2
&
•
.
33%
*140
7% Mar 11
■
16% Jan
&
i
38%
38
115
xl7
Dec
9 '/a Mar,
23
par
Mach
i2,800
55%
7%
9% "9%
56
Jan
'
Mach
{
9%
185
Apr
90 Va
27
98% Jan
2
Metals
}3,000
^2,300
{8,300
4%
-
146
Dec
Dec
107
5% Aug 25 7
22% Jan
4
2
___No
Preferred 'A
Amer
470
14%
7
6
1
May
18% Jan
Amer
7
=6,200
Hi
16%
4%~.
146
.//;
/ 9% ;•
55%' "
""55%
9%
9%
,
16%
2
17 Va Mar 26
"1% Jan
Amer
25%
-
14%
.
"5
par
j 100
16 Va
-
.
•#141%
146
"9%
.
-
"7%
9%
34%
*19%
,""
300
<6,200
.
%
16 Va
Jan
3
Mar
Jan
par
"
.0.,
1 (f
16%
'
-4%
*141%
25%
,
i°<f
-
17 Va
95
14% July
7---100
Fdy Co™—-No par
5%
19
7 116
*114
26
,
Va
16'
/.oV
116
110
Mar 16
22
5,600
12
20 Va Jan
May 27
92
'5% conv preferred—
™-50
American"Locomotive.l-.^^.No par
1,900
77 Va
*18%
.
34% July
79% July
23 Va Jan
7 .7%
preferred
Intfernat
American
7"
1
:■••■
7%
5%
7
18%
*
56
*27
144%
-
Amer
,1,200
38 7
Apr
Feb
9
™No
Ice
6%non-cum
'
39
•>
•
5Va
18%
116
17S
14
9%
7%
10
*33%
&
American
..
11%
11%
11%
'"
%
17
146
56
27
#140
Hide
500
600
'
Jan
23
"3% May 25
...
77.6% conv.,preferred-I_»™^™L50
;
200
'3%.
;
157'/a
Aug
'
33
#37'
7%'
*75%
10
Oct
3
95'A
Dec
56
2
No
preierred_____7—'
"
5 Va
19
*18%
116-
*25%
4%
.
+
"
16
9%
147
:
V
•
"v.
r." *75% 777%
76%
5 Va
19
"
-
55%
*7%
•i.
*75%
.,
11%
-*114
%
*141%
55%
*38%
-
'
18%
15%
9%
*144%
-11%
"*5
'
4%
10
77
*18%
26/*
%
18
146
27
76%
116
26
16%
4%
7%
7%
:
55 %
2
'iiV Jan
preferred__™_„__™JVb
American
! 200
v
•5
^8
*9%
7%
"
19
*113%
18%
*143
7%
7%
Mar
18
13
16% Jun
"
26
16%
-
7%
Jan
130%
Apr
1
Aug 24
Dec
8V4
39Jun
Feb
par
!
3%
X122 Va
15
par
„No
7' {
*1%
10
2
70% Jun
May 26
No
Power™
1%
*32 Va
•
.
Dec
Jan
16
Export Lines Inc__r_t7-1
ForVn
49%
*48%
1%
26%
73% Jan
Tiling____^.„l
American Hawaiian SS Co
t
[ 300
2%
35%
32%
*
iV
&
5>6
800
'
•
15
69 "
Co_„-____„^.™_20
Encaustic
'$7 2d preferred A_„'__:
■1,600
f
1%
3%
<.5
11%
4%
18%
'7$7
2:!i
Jan
9% Aug
47 Va
Dec-
33
105
Sugar_„„«iJ™10
preferred.
>100
American
300
29%
32%
32
*37
77 Va
10%
116
*25%
4,500
:
28V4
*34
Dec
Apr
166
par
of
European SecS__„
"Amer
100
V4
'
2%
35%
*34
3 Va
Mar 12
;___100.
■
7%
•*18%
19%
-
-2,600
29 %
"
7 *2%
41%
$ per share
20
May 20
55% May 21
7____,^No par
Distilling
Amer
,
2%
'
2%
35%
28
*
29%
5%
6
14
130% Feb
13
159
8
Feb
33
29
'
"5%
77%
5
Amer
]
*2%
•
20
Crystal
1st
,
American
Va
33%
•
.
Apr
1 Va Apr
•
38
*7%
10 Va
*4%
*18%
5
.
120
56% Apr
Inc,-™-No
preferred^^-^^
*
*37
79
6 %
19 Va
%
'
*77%
Abaerican
,
100
*4%
►
'
"x26%
2%
.' 3 5 Va
*1%
8
Cable
&
7% Jan
}
Highest
per share '
5% Jan
47
28
i_s%l
Allegh Co N J___.25
American Colortype Co__,___>_._10
1,300
'
*34
*30%
*7%
j 500
| 500
'■7:.—
%
19 Va
%
*2 Va
29 %
1%
5%
X32
27
29%
31%
38
5
Apr
Fdypar
Chicle
Am Coal Co
—
v.;
.
Va
19%.
%
33
2%
2%
.28%
*1%
*4%
32
2%
.28%
*30%
*37
;
23
100
conv
2
:_„_25
v
35%
49%
'i'
10 Va
1 ■'
*19 Va
v
;%
.
-
2%'
2%
35 >A
16
; 99
-
Chain
American
I 200
5% Jan
•
Year 1941
Lowest
I per share
14
3% Mar 11
—100
Range for Previous
Lots
Highest
38% Apr
^.___100
Corp_^
:
&
100-Share
'
57,'a
*10
"%
5
16
7 *97
10
10
.1
*29 %
35%
Am
5%
-
17%"
5%
16
99
*97
»%
.
33%
'*
29 %
*29%
900
.
Radio
Can___^___.
Car
of
t per share
50
preferred™
&
Basis
„10
Preferred
'
89%
*14%
5%
'*15%
19%
,
%
33%
2%
17%;
107%
*87%
Cable
Preferred
2,100
V: 1,400
Note
'
,
2%
*5%
,
99
10
American
.
'
15%
'
American
'
5%
*4%
%
*2%
.,.,,
Par
•'.• t
Bosch
conv
Amer
60%
17%
89%
1
5 V» %
1,400
24%
*106
107%
*
19 Va
%
.
170
.
preferred
9,900
•
24%
17%
*103
89%
*97
10
*%
28%
*34
17 Va
107%
89%
5%
10
5%
*19
19%
"; %
1%
67%
*59%
,
*14%
100%
Bank
■
Corp_„^_^.___f
^1
Brake Shoe <k Fdypar
Am
1,000
•
20
1%
"
*86%
■
%
25%
127
*165%
23%
59%
16
*97
10%
*4%
6%
67 %
,
170
*165%
58%.
17%
*15%
100
10
5%
*18%
170
'
1
*4%
16
1%
24'/a:
5%
16
*96%
American
25%
66%
58%
89
6%
16%
1%-
66%
23%
107%
89
*14%
99%
1%'
67Va
*165%
17%
*106,
17 Va
15%
American
100
*126%
On
Lowest
7-
■■
'
1%
66%
24%.
17%
%
89%
*14%
*96%
*25
25%
*126%. 127
59%.
59 %
17%
*5%'
'
107
1,400
4%
Va!
Range Since January 1
STOCK
/•'
44
'
.24%
17%
17%
*106
1%
6 7 Va
*165%
59
89%
126'A
YORK
EXCHANGE
7 Va
7%
*4
.
NEW
Shares
*42%
4%
for
share
per
7',4
44
*4 Va
24%
126 %
170
the Week
X
'
24%
107%
*86 %
24%
127
1%
Va
*42 Va
4%
26
67 Va
58%
17%
♦106
7
44
*4%;
1
67%
170
24%
-
59%
,7Va
♦42%;
4'/a
*126%
2
1%
*165
7%
44
26
127
67
67%
170
-
26%
*126 %
$ per share
Sales
Aug. 28
S per share
"
4%
Friday
Aug. 27
Monday, August 31, 1942
>
STOCKS
Thursday
Aug.,26
7%
*42%
4%'
*26
127
7 Va
44
*4%
PRICES
Wednesday
$ per share
7%
*42 %
27
'*126
....
7
"
4%
*4%
Aug. 25
$ per share
7%
1 *42%
•
1
SALE
Tuesday
Aug. 24
I per share
i
HIGH
Monday
COMMERCIAL & FINANCIAL CHRONICLE
66% Jan
121
Jan
2
7
•
207/a
57
Sep
Jan
May
19%
Dec
51%
Dec
89%
Jan
Dec
131%
Jan
115
34% July
..Volume 156
THE COMMERCIAL & FINANCIAL, CHRONICLE
Number 4103
NEW YORK STOCK
RECORD
LOW AND HIGH SALE PRICES
Saturday
Monday
Tuesday
Aug. n
Aug. 24
Aug. 25
t per
$ per share
share
STOCKS
Wednesday
Aug. 26
Thursday
$
t per
$ per sf„are
share
per
*23
23%
*22%
23%
♦22%
23%
•15%
17%
*15%
17%
*15%
16%
*15Va
16%
*5%
5%
*5%
'5%
5%
5%
*
Friday
Aug. 27
23
23
751
Sales for
23%
*15%
17
:23%
*22%
'
On
JBIgelow-Sanf Carp Inclpar
Black & Decker Mfg Co^r—^No par
100
5%
$ per
,
*12
*9
*56
65
*56
65
«
16
16%
' 32'/2
•32
32
32
32
"
5%
1,200
10
10
9%
•
*56%
16
15%
15%
32
31%
31%-
31%
,
13
63
Blaw-Knox
460
*58
16%
12,300
31%
31%
900
,
—No
100-Share
I
Range for Previous
Lots
Year 1941
Lowest
Highest
I per share
share
Jun
24
2
Highest
t per share
15
21
# per share
Dec
31% Aug
15% Dec
19% Jan- 28
29
5% May 29
11% Jun.
3
7% Jan
14
5
Dec
10% Jan
14% Jan
3
13
Deo
18%
8
Apr 30
July 15
13% May 20
12,
Jan
2
70
Apr-
21% Jan
25
par
32
.
5
Bloomlngdale Brothers^,_,JVo. par
Blumenthal & Co preferred
t_100
Boeing Airplane Co____n
—.^.5
Bohn Aluminum it Brass.,,
5
68-
-15%
v
Co.
Bliss & Laughlin Inc
;
*9%' -11%
58
.
,
*11%
.
15%
,
.
5%
:
'
13 1
*11%
.
31%
'16%
15%
*5%
•
13
*9
*'56
62
15*/a
15%
5%
*11%
9%
*9
9%
*9
97/a
*56
13
*12
13
*12
12%
5%
of
18% Apr
14% Apr
-
.
Basis
Lowest
•
Par
100
16%
16%.
EXCHANGE
,
Shares
8 per share
share
*22%
Range Since January
STOCK
NEW YORK
the Week
Aug. 28
58
2
May
23%
Sep
Jan
10
Oct
90.
Mar
Apr
24%
Sep
25 Vi
Aug 18
17
Dec
12%
<
Dec
70
7
6
Oct
35,
Jan
.J
*84%
86
>84%
86
35 %
*34
35%
*15'%
15%
,35
*15%
35
15'/a
21%
26
i 86
*83
*34%
15%
v
.1
21
25%
*1%'. .2 /■<
26
21
21
'
25%
-
30
♦29%
*16%^
■
*
/
18%'
25%-
?
8%
8%
*2%
*2%
*40
11%
*17%
25
*24%
8%
7
'22
"■.5
5%
♦4%
21%
*20%
21%
2%
2%
76%
76%
'14
>■'
*13%
18%
7%
*76%
*13%
76%
18%
*50%
3
3
*£%
18%
18%
54
18%
54
*50%
14
*13%
•^
fx
•
6%
6%
.15
6%
■
6%
54
7'
4?«
4%
76%
18%
■..
76%
18 %
15
12
11%; 11% 1';
*30
32
4%
32%
,*2%
32
*28
4%
*31%
15
2%
*11%
4%
*32%
32%
""*2%
84
24
6%
6%
\ 6%
14%
*14%
14%
11%
*28
4%
32%
2%
.
2%
2%
85.
85
23%
23%
3
7
*23
2%
> 2%
>120
36%
85
21
20%
*89%
>117
87%
6%
86
6%
20%
87%
6%
88
6%
>70
70%
*70
-70%
70
>16
16%
*16
16%
1%
♦1%
1%
1%
96%
96%
>96%
*2%
*2%
*
3.
12 Vi
12%
♦12
"
3
*2%
*86
95
•
95
2% i •"
2
32
*16%
18%
*16%
16%
*15V«
*94
96
32 Vi
*2
13 V*
6
6
25%
25%
18%
*16%
18
J6V2
*15Vi
16%
32%
5
5%
2
?
12%
*
6
6
5
5%
1%
12%
2
•
12
5%
'
6%
6%
'
6%
13%
13%
;
13%
35%
V
'£ V4'
12%
;
.
.
*96
v
-
'
■
7%;
32% ' 32%:, :
,
;
100
98
••
.
6,100
'
'
1 Va
1
5%'. •
/
13%
14
*34%
35%
•47%
35%
*47%
50
13%
35%
13%
>35
47%
50
35%
35%
47%
>47%
*%
%
*%
%
*%
%
*%
%
*%
%
*%
%
%
%
%
*%
%
13%
;*i%
1%
*20
*11 V,
/;/; 12%
*1%.
;
*11
11%
m
12%
*12%
13%
*12%
1%
7*1%
1%
11 Vz
>20
22
*20
22
59%
58
22
.
,
1%
*20
59%
57%
*10%
10%
10%
10%
*10%
10%
*10%
*96
97%
>94%
97%
*94%
98
59%
59
*32%
.■>%■
%
100
V*%
iV
59%
*32%
42
*32%
42
42
11
*12%
1%
22«
1%
♦20
58%
13
'
*32%
*2%
2%
*2%
2%
*2%
2%
"
58
57%
33%
*33%
33%
33%
33%
>31%
10%
*94%
*32%
58%
•
99
42
42
2%
34
*2%
*32 %
9,100
7L
■■
111.
*110
♦109%
,
*79
*98
100
31
31
148
*76
*79
50
38%
30%
30%
>142% 148
38%
76%
76
78
*59%
79
79
*47%
50
38%
38%
61%
*59%
61%
110%
#
90
90
109%
110%
110%
90
>47%
38%
*24%
26
*24%
25%
25%
*97%
99
*97%
98%
.97%
82
♦79%
81
*80
81
*80
50
*47%
50
*47%
50
*47%
38
*38 Vi
38%
37%
30Vi
31
*30%
*142%
148
>142%
•76%
76%
*59%
61Vi
76
*59%
-
37%
30%
38
30%.
30%
14i
148
*142Vi
76
75%
26
v
50
1
38%
31
61%
*59%
*560
.
10
■
—
;
*'
1,100,
'
'
76% '
15% Jul/
900;
1,000'
61%
*102
-14%
107
14
14%
14%
14%
*103%
107
13%
*103%
13%
103 %
103%
♦103%
14
>103%
105
*14%
'
15
*%'
*1%
*1%
1%
■
1
1%
14%
110
14%
1
12
12%
*12
see
14%
*103%
13%
13%
*%
14%
14%
13
2
1%
*103%
14
13%
113
>103%
*13%
14
107
13%
*103%
14%
'
14%
*103%
107
*103% 110
♦1%
14
*14%
1
1%
.
Vi.
1%
1%
19% Jan "26
15% Deo
24%
51% Aug 13
1% Jan 14
51
64% Nov
12
*11%
12%
12 %
12'/a
12%
*11%
12%
*11%
12%
page
759.
1%
1%
113
14%
7 Vi Jan
14
4%
Dec
7%
Jan
15% Apr
12% Jan
6
9%
Nov
14%
Jan
5
10%
Jun
17%
Sep
Mar 11
26%
Dec
40
Jan
32
16
4% Jan
>
42
Jan
43
July 31
112
Mar
3
36
Dec
3
18%
Dec
Jan
1%
340
340
1%
1%
270
*11%
:
12%
800
*11%
12%
100
Jan
125
;
116% Mar
5%
3
8% Jan
7lV'a Jan
3
27
x 15
122Vi
Vi
Dec
10%
Dec
Dec
65
23% Jan
Jun
75
Sep
22% Mar
Jun
1%
Deo
:
2
108%
Deo
115%
.3% Feb
7
1
Deo
Jan
29
2% Feb 17
110
2
Jan
18
3% Feb 11
Feb
17
2",.
Dec
July
Apr
34% July
32% Aug 25
25
Dec
2% Jan
5
29
Jan 27
1%
Dec
22%
Apr
6
95
27
Jan
2
1% Apr 28
2
Mar 30
15
Dec
4
Oct
July
3% July
Jan
4% Aug
: 4%
::
77
82
2
Jan
50% July
29% July
12
Jan
120% Jan f22
94% Jan 14
:
Jan
3 Va
87% Sep
Feb
97
5%
Jan
37% Jan
Oct
21% Jan
19
Jan
6
17
Feb
10
14%
Dec
22%
100
Jan
14
95%
Dec
107%
Oct
5%
Deo
18
Jan
27% Apr 24
•8% July 10
36% Jan 27
31%
Dec
44%
Jan
89
98
03
Dec
102%
Feb
Jun
;
Apr 27
22
5% Apr
Apr
% Apr
5
1% Jun
7
29
5% Aug 28
2% Jan 26
2
8% Jun
Feb
1% Jan
8
16
2% Jun
2
.*■ 4% Jan 23
;
13% Mar 23
6% Aug 25
A
1% July
Oct
Dec
1% Mar
1A
6%
3
Mar
July
11% Nov
37/e Mar
3%
Sep
8% Jan
Dec
19% July
A Jan
2
% Jan
Va Mar 23
Coca-Cola
..100
Co
{The).L._—.No.
par
———No
par
Class. A.
No par
A
Feb
%
Jan
5%
conv
—
par
No par
..No' par
preferred
100
Corp..——No par
Colo Fuel & Iron
Colorado & Southern
% Jan
2
13% Feb
27
2% Feb
6
1
Dec
3
lug
13
20
Deo
27
Jan
72%
Jan
May 28
20
43% Jan
2
Jan
3
28
gtd
—50
Special gtd 4% stock....
50
Molybdenum^....
No' par
Cluett Peabody'& Co—
.No. par
»V Dec
tV Dec
V* July
3
1 % Jan
92'
Climax
July
% Jan 16
% Jan 29
■
3
Corp>——
.—5
City Ice & Fuel
——No par
6%% preferred.^——
100
Clev it Pitts RR Co 7%
64
% Feb
11% Jun
8% Jan
.
—25
pfd„^—No par
Clev Graph Bronze Co (The)——1
5% preferred....——
..100
49
11% Jun 26
Oil—.1.10
Cotton
5
J»n
52
2
2,300
0
x
Jan
30%
Apr
2 Vi Dec
9
July
21% Jan
29
16
92 Va May
Apr
3% July
22
93
,
14
23% Jan
Dec
39%
Dec
79
7
19
123
1% May 27
Mar 10
Jun
41
28
3
90
1% Jan
Dec
Jan
72
Apr 27
2% Apr
Dec
32
27% Jan
89
Apr 17
6% Aug 12
66
Feb 25
11
32%
1%
37
.
77
16
16
2% July. 20
Feb. 5
10
Apr 20
5% Aug
Dec
3
14
37 % Feb
2
44% Jan
Collins & Aikman
220
Jan
Apr
Apr
Colgate:Balmollve-Peet—....No'
200
Sep
1%
Dec
Feb
$4.25 preferred...
*
Mar
II
9%
2,800
1%
1%
11%
12%
14%
13%
Jan
37 Vi
..
107
12
3
Coca-Cola Intern Corp...
)
2
12%
1%
1%
14%
12
*1%
12%
*12
footnotes
107
1%
♦12
For
*14
*12
1
1
2
14%
*14
13%
14%
July
7% Apr
9
9
34
12
Apr 14
May.
2% Mar
9
Jun 25
67% Apr 17
107 Vi Jun 15
•
22
May 11
95% May 15
25
8
Jan
63%. July
9
10% Feb
Dec
34
Apr 14
40
Aug
104% Aug
46% Feb
2
Dec
Jun
6
34% Jan
8
29%
70%
Oct
109%
72
5
100% July 27
98
May
33% Jan
105
Sep
Jan
10
26
Jan
5
11% Mar 13
97 V4 Apr 25
10% May
7
96
May
13% May
% Apr
100
1
21
16
1
Jan
Aug
115
Oct
3
.
Jan
28
Sep
Aug
85
Dec
Jan
84 Vi Mar
25
40 Va
<
24
112
44
Feb
4%
Dec
Mar10
3
50
Jan
Dec
Dec
2
56%
41%
Sep
8
32% Apr 28
25% Apr 24
Jan 22
139
56% Mar 24
14%
92
47
470
9%
Feb
Aug 18
10% Aug' 3
77% May 14
May
BVs May
10%
99
3
36% Jan
143% Jun
2
10
63 Va Jan
9
470
Feb 25
15% Aug 15
105% Jan 22
15% July 17
105
Jan 2
18% Jan
1% Jan
81
Deo
48% Nov
27
•
28%
Feb
84%
50
Oct
Mar
44%
39%
Deo
142
Dec
148
Sep
Sep
78
Dec
106
Jan
Feb
,
80 % July
'
14%
J<)n
100
39% Jan 21
Preferred
*560
Jan
Feb
70%
13
Jan
17% Jan
148
76 Vi
93
Aug
Apr 28
July 16
Clev El. Ilium $4.50
80
81
,
*30 Vi
.
500
/
97%
*142%
75%
*59%
61%
*560
~50
109% 109%
26
*560
*560
*560
110%
"
99
99%
82
*47%
110%
L
11%
Aug 11
.——100
>..5.....No par
CC C & St Louis Ry Co 5% pfd ..100
400
'
*
\
•24%
*24%
26
98%
98%
♦142%
110%
26
♦24%
,
*
71
>
4%
Deo
1
City Investing Co—
City Stores
Clark Equipment.....
42
20
'
*—'
■
Deo
6
2
30
Chrysler
1,300
2%
2Vo
23
Deo
12
Chile Copper Co—
33%
Sep
6% July
Deo
8% Jan 14
Apr 14
22% July 2
2V4 May 18
54% Apr 17
117
Jan 16
Childs Co....^——i.>-_..-No par
2%
4%
18
47
Chickasha
>33%
2%
34
*32%
-
' '
6
25"
Dec
33
No
100'
99
15
5
par
preferred—;
conv
400
10%
*94%
Sep
Aug 17
6% Feb
29% May 16
preferred—!
>.100
preferred—..
—100
Chicago Yellow Cab—.—No par
/-•'/./
58%
10 Vi
10%
,
22
May
21% July121
3% Jan 14
2
6%
'
*20
.49
6
24% Feb
2
14
Apr
3% Jan
Preferred series A—l..—l.100
300
11%.
*12% >13
1%..
*1%
10
42
7 %
300;
.
22
10%
2%
*33%
■
•
1%
■.
iV
*10%
11%
11%
13%.
96%
96
*%
55% Jan
20% July
66% Nov
pf ($2.50) cum div—NO par
Chic Rock Isl & Pacific
.->.100
200
'%■"•■
35 Va
Dec
2
1/2 Jun
29
Pr
%
Dec
15%
9% Apr 25
No par
Class' A————.—40
$3
%
23%
3
5% Jun
Chicago Pneumat Tool——No par
%
'
Jan
6% preferred
100
Checker Cab Mfg——i.——5
Chesapeake 8s Ohio Ry
_.-25
100'
%
%
'
Sep
Jan-.7
11% Jan
No par
500
49%'
Jan
8% July
19% Jan
Aug 17
50% Apr
Foundry
900
■
*47%
-
"
;
11%
*12%
50
34%
9% July
16% Jan
-No par
13%
13%
35%
,.
*%
*%
*11
i
•%
.*%
,
35
*47%
.%
*%
•
13%
*13%
^
50
Deo
4%
v
.
;>-!•>.- i——100
35% 735%
12,300
Deo
Dec
Chic & East 111 RR Co.
2,200;
'
V;--:'
5%
71% July 24
10,
Jan 10
Chicago Great West RR Co—.—50
5 % preferred50
Chicago Mail Order Co___—5
6
6
Jan
July
18%
2% Apr 17
-6% Mar
6
,
par
700
2%
12% { 127/a
Jan
76
Feb
Deo
93
■■'
•61
Jan
5%
26
14% Jun 26
"r
100:
2,200
20,600-
'
*13%
•
12%
118
Jun
1%
Cham Pap & Fib Co.—.——No par
'.
;
2Va
,
;
"A-
8
96
*6%
;
No par
Chain Belt Co—
•'
•
Dec
5
.19% Feb
6% prior preferred—...—..-100
;
'//"
Dec
7
X109
Jan
4% Aug 22
14
;
Co.———.—1
preferred—100
tCent RR of New Jersey
—.100
Central Violeta Sugar Co——
Century Ribbon Mills——No par
Preferred
—_100 ■'
Cerro de Pasco Copper...—.No par
Certain-teed Products—1.
—1
360:
'
5%.
13
6
25%;
;
5%
2
12%
400
18%'
'
■v.
J
2,900;
•
16%
:
98
J
.
^
Va
2%
•
Sep
23% Mar
5%
18
■
2
*94
:
1,000
y
iOO
>15%
V
100
/
Central
37
...
3Vi Feb
42
Central 111 Lt 4%%
95
*1.%:
32 »A
*96%
1V4,
:
7%
32%
32
"■
.
14%
Dec
8% July111
110
-,v 20
Dec
Jan
11%
2
prior preferred—..j——.100
2d preferred
—l
—100
:_._No par
-
7
30
7% Feb 14
24
1,000
-
Sep
,
7 *
16
15% Mar 30
24
preferred
Jan
2
Apr
5%
Jan
6% Jan
1% Feb
Central Agulrre Assoc...
6%
2% Jan
Apr
7 %•
Dec
1
23,
Apr 23
Apr 29
7%
Aug
Apr
53
15
1
Oct
2%
1
1
17
82
series
45 Vi
Deo
-
5
9% Feb
5% Aug 17
11% May 21
16% May 27
19% May
14% May
Apr
,
2% Apr 24
47% Jun 10
7
41
3L
14
Jan-16
8% Jan
9
112% Jan 27
3% Jan
3
66
Feb- 6
6% Aug 21
103% Mar 12
X
prior preferred—..100
5%
100
'
/
.35
1
,
Celanese Corp of Amer._i—No par
27/a
25%
-
.Preferred
7-/; 30.
-V
l%Jan'
9% Apr 17
Celotex • Corp—l—
31% 7 32
■;
28 % July
Deo
38
3
Jan
Jan
23%
25
Va Jan ' 13
.
Apr 29
Apr 23
7
.
Co—.
5
COrp__;.——1
———..100
100
>
*16%
96
*6%
100%
*1
/
:'■■'
25%
*94
6%
31%
*95%
1
13%
96
100%
1
5%
*5%
2
6% V
,
ir;'-
32
1
Caterpillar Tractor—..
40
12%
*86
95
7
v
Co
70Q
.3:',:^
;
*86
:-y
Steel
460
1%
•
—No
43
Apr 21
iV APr 16
77
' ;
16%"
*2%
d2>'
'
>
130
98 >
12%
;
;
30
1,800'
70
.
*2%
•
*1%
*94
7%
32%
*95
2Va
12%
■,
96
*6%
l'/a-
2
2%
13
95%
5%
5y4
5%
*94
2%
2%
*16%
*15%
32%
95%
*1
1%
*1
;
16%
7%
32%
32%:
95%
*95
96
*6%'
7%
♦6%
I8V4
A-
-.32 '/,/»:
25%
*16%
16 »A
26%
26
..
95
■■'^7 32
,>■•: :>//*i%
1%
>96%
;
12%
■
*11%
2%
*15%
18'A
*
;;
26%
♦94
2
1%
7
•>% ;:^%
2%
3
12%
>
•
.
98
29 »/a Feb
Jan
-.10
(J I)
Case
'
12%
•86
1%
*96 V4
;
-
Jan
2
26
Clincli St Ohio Ry_^.—100
-6% 7;
69%
Jan
32
88%
*16
16%
*1%
1%
'
'
Dec
12%
1,700
118%
.
6%
70 V*
*16
98
88
,
Mills--—
Carpenter
310
90,
>
118'/a
6%
17%
25%
9
Carriers & General
-
300
>'
120
\
90
88%
>69%
16
70
.35%.-35%
19%
20
»'
118%
*6% "
70%
.:
■;/./ *2%
f
■;->
32%
31%
•
26%
15 Va
95
36%
*88
♦2%
,,
2%
*86
2
jv
3
120
118%
,88%
*96%
12%
-
*2%
26%
♦26
*12
^
3
600
120
118%
1%
1%;
98 >■■;"•. 7
*2%
12%
*86
31%
31%
*30%
*1%
1%
.
*96%
,3
*2%
:
>
98
2%
.2%,
*67
19%
16
Carolina
50ft
90
*69%
16%
60'
1
2%
36%
6%
Capital Admin, class
$3 preferred A
1
19%
;
10
23%
90
6%
Cannon*
100.
85
20%
87%
,
30tt
2 Vi
35
90
*118
■
r
32ya
-
35
120
36
7,400:
*23
19%
70
-
120
r
-4Va
*83%
70
16% Dec
6% Deo
14 Vi Deo
6
19% July
Campbell W & C Fdy„_—_No par
Canada Dry Ginger Ale;—...
5 '
Canada Southern Ry Co.:
100
Canadian Pacific Ry.:.;——25
23 Vg
*67%
9:
9% Jan:
2
Cop—l__i5
Calumet & Hecla Gons
1,300
1,200
85
90
.6%
*16
*2%
2%
-
69%
■
36
36%
20
118%
*87%
6%
36%
*89% , 90
♦117% 118%
90
f
87%
120
36%
20%
36%
36%
120
2%
,
*67
120
7
68
32 Vi
*83%
*23
23%
t
2%
68
121%
7 90
"116%.118
90
-
69
•120
121%
*20%
3
*2%
69
70
.
Zinc-Lead—1
2,300.
32
IV*
-
*34%
*83
23%
'
*2%
*69
*32
6%
4%
18% Feb-
29
Packing......—No par
preferred
...—50
5%
14%
*30
4%'
32 %
''*"*2%
2'%
*34
85
23%
32
,
4%
32%
.
Callahan
11%
-
May 22
7% Jun
; 15% Jan
California
2,100
.
6%
U%
:
1,000
%
54
%
14%
'
11%:
*30
:i:" 4%
: 32
4%
32%
32%
*2%
■'
11%
*34
*84.
,84
23%
32
4%
>34
6%
\ 18%
*18,
*50%
11%
■
Byers Co (A M)No par
Participating preferred
100
Byron Jackson Co—No par
14
Sep
Jan
Bldg 7 % preferred—100
5% cpnv preferred
—30
Butte Copper ■& 2lnc_....__-L.._5
140
Sep
3% July
Feb
39%
Butler Bros—7_—...__._.10
600
-
M?
76
18 vi
,14%
:;;-i
12
.
*28
-
4%
•34
6%
15
*14%
i
%
DeC
par
Bush Term
300
•
6%
7
21
Aug 24
2% Feb
9
Jan
X 15
par
300
:
Apr
par
.—No
50(7
3
'
6%
54
*50%
;!*• /■ 'loo
5
76%
";*%
iV
?
;
20%'
-
*13%"
14
*13%
42
*2%
;6%
1.500
21:'
'
20%
2%*
6%
3,100
,1
;
16
2
54
28
.Burlington Mills: Corp....——1
Conv pref $2.75 ser_—...No par
Burroughs Add Mach.—..No par
Bush Terminal.......
_1
6% preferred l..—_..i_100
500
7V
2%
5
'20%
*2%
54.
*50%
2%
21
*
:.K;%
6%
,
15
*11%
■
%
;
8
:
'
%
57:,
78%
26
Forge Co7-._1.7l.-..—7.-1'
Bulova Watch——.-.-...--No
100
2,200
,
*
*55'%
2%
7>'
•
18
*37
;
.13%
25
18
8%
..
20%
76
18%
18%
♦50%
6%
*13%
*24%
>
22
2%
76
76%
76
2%
'
WheeL._i_..i_..__._Nd
Buffalo
*20%
y
Budd
Bullard Co—
42
20%
6%
>
7
*6%
14
20%
400
//
V7"v;" 500
21%
5.
L.......No par
preferred...—...,
100
7'77;.. 300:
'
Dec
30% Jan'
Mfg
6
57
2%
41%
.7%
Co.
(E G)
23% July
18%
111% Jan
MarlO
par
__5
(preferred_._..._^—.__'._100
18
*37
,21 y '22
4% >, 4%
*4%
'■
8
2%
60
"•'7
52%
18
18
*55%
8
'
*38
*20%
7%
•
8
*2%
2%
11%
18
*'55% ! 57
7%
Bu-dd
12%
25
18% 718%
57
10
1,400
*11%
18
25
Bucyrus-Erie
1,600'
\
.
Dec
v
BrUns-Balke-Collender..,r__.No
6
11%
'17%
42
22
52%
*5%
e
800
108%
•
•-
Apr
17
,
25
.
Bklyn-Manh Transit-...
No par
Brooklyn Union Gas__.i__._No par
Brown Shoe Co-..__L..--.._Nb par
,
,
5
6%"
.
500
•
•
.
2%V 2%
52
11%
4%
3-
;•
6%
*106
2%
*51
52
5%
6%
17%
21%
:
51
7/4,460
8%
'30
;
200
•
.
•'
•
Deo
38
Feb
40% Jan
,l%Juh25
•Briggs & Stratton__i.__I_._No par
Bristol-Myers Co
..5
Brooklyn & Qiieens Tri._.i.N6 par 7
500
*12% .13
106
:
*2%-
18%
2%
22%
106
•
>28
13
■:"- 6%
6%
2%
*7%
30,
•>12%
106
2%v
,
-8%
*28
25%
*40
43
22%.;
*7%'
•
.
:
1%
•;
29
1
'V
69
17 % Jan^ 7
21% Aug-18
19% Jan
JFtoller Bearing Co..i..1....5
'
16
5
18% Mar 31
-Brewing Corp.' of America
:-7..l5
Hridgeport Brkss Coi.^u,..*_JVo par
prlggs Manufacturing-.....N(i par
1,700-
36% 7 36%
-*ii
*1-.
* 1%
-
U
12
8
2%
*6%
Bower
1,400
>
19 7
29'
-
-
15
(The)
Borg-Warner Corp__.——......5
Boston & Maine RR_—........100
100
-
: m,
*
18%
36%
*li
17%
*55%
8%
2%
4% •
8%
-
28%
*35
g
30
6%'
-6%
18%
55 %
,'i"
g ;
;
28%
-::*!
*105%
2%
52%
.•
♦25
18%
8%
*20%
;>
^3% May 20
700
.
.
',"17%
17%
-8%
18%
'
12% "/is
♦5%
*2%'
v y
-17%
8%
Co
95%
72
May 29
30% Apr 28
1
par
:
100
1
'29%
*28%
-
18%
r
hi
*28%
52%
25%
18%
y\,
106
-2%
17%
55%
43
-
1
.
6%
6%
*105%
6
*25
•
8%
*11%
22%
*17
-
■
36%
*%
13
17%
57
22%'
25%,
,5
,*1.% y 2
1
v
-Na par
7—
*
ptores Inc.,,.;.—,
Borden
3,700
9,100
Co Class
Class B
,
Bond
900
•
Ami
Bon
210
<
,21%
25 V
'."'■''20
;
'
15%
••
,21%
29
-
28%
*34%
30
13
11%
18%
'•
*8
54
28%
hi
*1
..*28%
•:
2%
6
*•
-■•
17%
'
18%
.2
28%
X r,Q-.:v
g :
36%
xl 1%
11%
*40
35
15
25%
.
*1%
' 29
18%
28%
: > 1
6%
*52%
'
*18%
25%
1%
•17%: 17%
8%
*li
106
2%
*25
25%
29
17%
*35
13
6%
*11%
25%
*1%-;
19
28%
8%
*105%
2%
*55%
29%
S3
30
*28%
6%
6
1%
6%
1%
*12%
*17%
:
■<
8%
t
108%'
*5% '
25%
18%
36%
*1
55
21%
*17%
\
28%
36%
12%
*52%
21
V''
.86
35
.
♦28
8% J -8%'
2%
* 21%
29%
19
19
■y
1%
6%
21
8%
8%
*ii
"105%
-21%
1%
17%
37
30
-
15,
25%
*17%.
*li
*28%
12%;
*84%
>
.
.
35
15
21%
30
v
>
28% i 28%
*1
86
*34%
35
15%
v'
2
*29%
8%
*36
86
86
_
15
"
s
19
35
•
*1%
17'/a •
8%
18%
*84%
«
.
15%
60
Mar
740
July
10% Deo
100%
11
Feb
Dec
63% Nov
740
July
16%
106
Sep
Nov
30 V*
Jan
Dec
114
26
12%
Dec
20
30
%
Deo
1%
Jan
Deo
3 Va
Deo
2%
Aug
Sep
105 Va
2% Jan 31
2
Feb
2
1
'
Mar
Jan
100
100
Columb Br'd Sys Inc cl A—...2.50
May 19
% July 10
8% Apr 17
13% Jan
6
11
Dec
21% Jan
—2.50
8% Apr 24
13% Jan
6
11
Deo
21
4% 1st preferred
4% 2d preferred—.
Class B
%
Jan
II
THE COMMERCIAL &
752
FINANCIAL CHRONICLE
Monday, August 31, .1942
STOCKRECORD
Aug. 23
Aug. 24
I per share
9 per share
,
1%
•34 V*
34%
34 ft
31
30%
30%
75
*73
8%
22%
23
98%
98%
27%
27%
*103%
105
>
25%
25
»25Va ' 25%
'
ft :
<-24%
25-
--
8%
•
104 y8
8%':'
v
9 c
■■-:"'3m [<■
'23 ft
^>
y
26% ' 27%
♦101
8%'
«%
23%
24%
--23%
24%
•
-
16%'
2%
16 ft
16%
16%
16 Va
16%
16%
.*91
■
•9%
9%
75 ft
*74%
*91
92
'
4%
4%
13%
13%
13 ft
13%
87 %
87%
: *
87
87
4%
4%:
*
:>
4%
*9%
■
'•iV
:
.
l/a
/
*7%:
2
,
6%
6%:
*4%
7%
•1%
8
*7%
*|V
87%
:•%•
7%:
2
•
7%
7>,•
35
12
X24
24
'
37%
3%
3%
23%
23%
18
23 ft
17
-
,
10
*9%
■
.
-9%
,
*46
49'/a
*32
32%
32
♦2%
51%
3%
23%
12
-
*16%
*9%
9%
*46
49%"
32%
51
50%
49%
*2%
3
*174
:
3
lift
11%
94%
15%
94 ya
94%
94%
94%
94%
94%
*94%
94%
15
15
15
15
*14%
15%
*6%
*%
7
*17jA
17%
36
*35
36
*6%
6%
*6%
17%
11%
*6%
6%
;
11%
36
17
11%
17 »A
11%
27%
66 V*
66 »A
100
•90%
19%
•93%
50%
10
14
.12
18 V*
15
94%
15 V*
*55
'
7%
21 y«
*88'A
*90%
30%; Jan
18% Aug
21% Mar 25
18%
Dec
23%
9% Aug 15 :
74% Aug 19
9%
Deo
89
>
11% Feb 28
24
77
12
•
3
90
3
•
7% Jan 14
Feb
Jan
Apr
1% Jan
;
14
,* Jan
3
;
-
1%
%
'
Feb
2%
July
3% Jan
Dec
Feb
' Aug 17
36; Aug 17
96% Jan 15
13% Jan
3
29
3% Jan
Apr 28
Jan
103%
Jan
1% July
11
Dec
5
c% May
NOV
9%
7% July
14'
Doc
93
Dec
11
Dec
16% July
Dec
5% Aug
109% Nov
15
2%
79
28
^
21%
Dec
28
30% Apr 28
2% May 8
42
17
Apr 23
15% Apr .29
8% Apr 29
24
45
Mar 13
51% Jan 30
48
33% Jan 26
28%
July 9
8% Jan 15
30
July
106%' Jan
•
Jan
21% Apr 29
61/* Aug
4
5
23%' Jan
Dec
>
8
2
6
2V* Apr
77
>7
Jan
107%
"
8
Jan
8% July
Dec
6% Aug 18*
8% Jan 13
21
May
11% July
103
Dec
V*
2% Jan 30
4% May 13:
3% July 30
4% Jan
7
Jan
x82
Dec
15%- Jan
Dec
7
2
Jan
97%
Dec
11%
16
Jan
4%
4
Jan
9
-
May
14
Apr
% Jun
4
Dec
07% Feb
:
Apr 20
Feb
94
37%
10%
10ft
v:
I
40%
Jan
6%
Feb
10
Jan
7
35%
Feb
45%
Sep
3% Jan
16
2%
Dec
4%
Jan
66
86 V*
66
66
*65 V*
66 Vz
Jan
16
17%
Feb
5%
9%
*9
9,
9
6
*90%
5%
100
:.
19% Jan
3
15%
Apr
23%
Jan
9%
Dec
18%
Jan
Dec
56%
Sep
Dec
52% Jan
'
*9
9%
6
5%
6%
93
*91% lOO
84 V#
84%
*79
*15%
Refining—
5 %,
•
55% Jan
Apr 17
2% May 22
li Apr
8
10% Apr 17
—r——
conv
9
176% Aug
3% Jan
159
Co—
■
12% Jan
3
Sep
20
x54
A
>
Dec
%
84
10%
84y*
>9%
10
22
*94
99
*?-
*16%
v
9%
-22
*19
99;
*19
99 f
9%
22
?
Dec
95% Jan
5
88
Deo
107
10% Deo
19
Jan
4% Jan
9
July
2
16
July 13
*5% May 1
8
Mar 17
:
19% Feb'
5
415
Mar ,27
41.
8
>38%
Deo
Apr 27
11% Jan"20
10
Dec
9
Deo"
■
*94
i
>
ft
.
17
17%
*15
14%-
*19
.
•i
n
:
*94
77 ■ May 19
23% May 20
88% Jan
63
79% Jan
2
13% Jan 14
300
100
21%
95
20%
21
20%
ft
17
95
*88%
•95
■
.
10
36
25
Jun
8% Jun 26
5"
Jan
Jan
80
Deo
3
28
Deo
73%
Deo
29
9
Jan
13
140
Jun
3
74% Jan
2
84% Aug 25
8% May 29
1% May
Feb
27
Jun
•.
,
15
Jun
88
—100
—
15%
';
21 Ve
*88%
2,300
700.
preferred——..100
27%
>
15%
"94
8%
1,600
Deo
l!Jan
18
Jan 26
>
-
%
Deo
16%
Jan
99
Dec
Jan
25
>
Deo
% Apr
4
18% Mar 27
13%
Dec
18% Jan
5
16
Deo
5% May 20
9% Jan
6
-6% Dec
10%
Sep
24
Deo
29%
Jan
Dec
90
Aug
2
18
Jun
,
24
pfd—100
80
Jan
19
44
Jan
17
Cutler-Hammer Inc—u
Sep
Deo
77
30
Jun
!.!!
A
Sep
127%
Dec
08
12
$8 prefened.—No par
15%
>15%
12%
08
.
13% May 19
,
Class
8
13% Jan 14
19% Aug 18
Feb
Oct
"
41% Feb
Mar 14
Jan
;> 47% Jan
>
98% Jan
13% Nov
Feb
13
—.5
preferred...—..—
..100
Curtis Pub Co (Tbe) —.—No par
;
Preferred
—.—.No par
Prior preferred!———•—.No par
Curtiss-Wright—
I
Cushman's Sons Inc 7%
95
Jan
45% Jan
3%
72
90'
..—30
—
4% %
■
1
12,800
2,300
conv
Press Inc...
Cuneo
..
*56
15%
*15%
15%
7V*
-
5%%'
Cudahy Packing Co—
a
240
•14%
21%
*56
*56%
15%
15%
7
21
*88%
95
*56%
16
7
21%
*88%
6%
6%
6%
7%:
.
>
.
•'
14%
15
•
99
17
17 Vn
14%
i5y4
10
22
10
>
•
Jan
'
Preferred
800
Jan
11
32
50
84 Va?
Jan
19%
6
15
.14% May
Dee
182% Jan
4% Jan
.
Jan
Jun
•
1,400
27% Nov
42% Apr
Mar
2% Dec
U July 15
14
12% Jan
...
■'.*•
170
5
$5 conv preferred
No par
Crucible Steel of Amer—JVo par
> 5% conv preferred
..100
Cuba RR 6% preferred
.—100
Cuban-American Sugar—.—.—100
100
93
.
$2.25 conv preferred—No par
Crown' Zellerbach Corp.—.--—.5
500
6%
^5
'
200
2,600
2,200
*83
of Del—
909
;, *17'A -17 W
'34.
..$2.50
Crosley Corp <The)—..i...No par
Crdwn; Cork to Seal——
No par
26%
84%
7
*56%
15%
Deo
2%"Nov
13% Dee
300
83
■ft
21%
-
20
7
13
r85
26%
9%
*17
-
7%
95
15%-*
6
3% Jan
16% Jftn
preferred.!
Cream of Wheat Corp (The).
.
6%
10%
;
Crane
250,
83
100
14%
21
*88%
23% Jan
7
Inc_
——
coty Internac Corp—
2,700
'
21
65% July
v
Coty
* ft
.
26%
%
17%
15
-7%
Dec
Deo
11% Apr 25
Preferred
200
2%
Products
Com
2,600
178
86
*94
18
%
7%
11% July
Deo
%
39%
78
Corn Exch Bank Trust Co
130
33
*6%.:
'
•
7%
Jan
6
•
Continental Steel Corp—.—No par
.Copperweld Steel Co
—5
Conv pref 5% series——50
400
26%
f 19
>
100
15%
»
200
83
*9%
10%
19%
ft'
18
17%
10
Continental Diamond Fibre
49%
26%
84
84
*9%
•15
Jan
110
"
84
100
*93%
Oct
37%
Dec
: 25% Apr 24
42% Apr 17
Continental Oil
83
'6ya
;
10%
-
9% Jan 10
104%
Dec
>
.*8
4% Jun
—20
3,000
26%
*9
-
ey4
23
•10
♦19%
•
9>A
100
84%
•
•78
100
11 Jan
.
preferred—i.™——100
23%
*15
35Va
10%
'
•93
19%
9
July 15
44 % Jan
83
Motors..—w—I
66%
*66
'6%
6»A
,
^.__25
Continental
85
27
•9
9»A
6%
27% July
105
12 % Apr, 22
15
May 20
No par
Continental Can Inc
2,500
27
*82%
26%
11
•'
17V4
35%
11%
*35%
'
4
*9
8%
r;
Corp of America^
Continental Bak Co.____i.
8,700
94%
•
6%
35%
16^4
16%
16%
*35
'
85
*82
'
Container
100
3%
11%
'
15%- 15%
•
67
3,500
Insurance...
*2%
*'/a
h'U
%
12%
♦66
Dec
101
>2
82
Continental
50 V»
2%
*%
27 V*
96
22
600
*174
178
.i' 2%
11%
84
Mar
100
1,300
32%
50%
50
50
178
*174
178
♦2%
%
27
Aug
31
pfd——No pdr
6»A
*46
32%
32%
32
1214
5*82
28%
Dec
preferred
conv
37 ya
*9%
lo
11%
Apr
16%
Consumers Pow $4.50
10Q
v
23%
;
*16%
17%
%
11
5%
100
'
23%
,
49%
12%
17 y»
Oct
21%
Aug 22
Jun 24
Consolidation Coal Co.....u—25
37%
■lo
10
*46
*Vz
♦34%
7%
Aug 21
Consol Laundries ."Corp..:— ..
Consolidated Oil Corp..s
No par
Consol RR of Cuba 6% pfd
—100
_.-: 93%
23%
.
.-
23%
*16%
9%
49%
32
*174
3
23%
,17%
*46
♦31
51%
23 y«
*12 V*
'
400
3%
»
3%.
3%
%
•6%
Jan
23
>
No par
—:.l
6%
37%
12%
♦15
83
4% May
Jan
Apr
July
31
$2 partic preferred——..No par
.
23,900
;
2%
*91
$5 preferred—..
1,200
-
12
',-v
,
•23%/.^.
"
1
■
■
6% '•■6%
37%
■
%
94%
72
17% Apr 29
l7/# Jun. 3
25
1,400
4%
12
12%
*
8% Aug 19
82%
,
8
7% May 12
A Jun 26
Corp—...——5
Consol Film Industries—
,V
6%
*88»/if« 90
93% 1
23%
>/.
ey4
*32%-,:.' 35
2%.
,
'•'3%'
23
17%
9%
9%
174
*2%
3%
*16%
17%
>32
174
3
•
49%
•46
50%
51
'174
*175
Dec
Aug 14
v
Dec
21% July 31
Consol Edison of N Y—t—No par
600
% ■:
'7%":
l7/a
•7%
v;.}
:
*90%
38
37%
3%
38
37%
;
3%
23%
2
-
23%
38
37%
3 Va
*17%
64
4%
Nov
■
-37%
>
90
:
.
'*•2%
6%
6%
"
12
.
23%
23%
;
6%
*6%
Edison Co—
Consol Coppermlnes
.1,800
5,700
13V*
*4%
h
34
A
86
-
..
<
*88%
93%
,*90'/a
23%
23%
6%
*6%
6%
230
*1%
t
>
7
*31%;
.,
.
:2%
*2%
93%
91
•'A-;
4%
.*6%
12
12
r.
2%
*91
93%
24%.
'
*6%
12.
60
*7 ft
6%
.
89%
•90
42%
2
Jan
20V* Jan
Congoleum-Nairn ,Inc
—No par
Consol Aircraft Corp_».—
1
Consolidated Cigar.
No par
7% preferred—————i.^—100
6%% prior preferred—...—.100
10Q
77
13
'
i% ::
6%
4%
6%
•88%
2%
7
75
100% Mar 17
Conde Nast Pub Inc..—.No par
3,300
86
*4%
4%
v
*31%
2%
Commonwealth
1,100
"4%
87
*1%
6%
33;.'..'i:'-VV
12%
'
No par
3,700
2%
16%
*90%
;
i
7%
%,2:
89 : ■<, /
*2%
_i.___No par
Commercial Solvents
No parCommonwealth & Southern—No par
$6 preferred series—-ii—.No par
3,300
-8,300
18%
•
77
■"I; 'v
6%
4%
>
-
13%
13
7%
'
•i%
'
9%
87
■
,.
33
12%
preferred—100
pf ser '35
conv
,1
43%
Deo
6
I per share
16yaJan
2
91% Apr 29
__10
3,100
>
16%1 ,16%
9%* 9%
16%-
%
*88
93%
*90
:
87
*7%
7
18%
416
4%
13%
90%
"■
conv
24
3
Jan
54/
Mar 16
5 % Jan
par
No par
Credit..
Comm'I Invest Trust
$4.25
;24
4*2
.
16%
4%"
35
i
2%
*2%
;
91
'
12%' -12%
'•i 24
♦90%
*88
•
4%%
100
3,500
•
-No
-
preferred...
conv
51
par
1% Jan
45% Jan
r
Highest
$ per share
v
"3s
...
6%
'
91
-,
77
.•85
r
6%
4%
4%
'•'7%
*75%
•33
35
"88
88
:
6%
7%
-
2
*1%
4ya
4%
"7%'
*33
(
:
6%
6%
'
•
7%
■
.: *9%
,;'-4%
13%
%
9%
75%
13
13%
87%
>
16%
;:9i
4%::
'
16%
75%
91%
91
16%
15%
16%
9%
75%
♦9%
•74%
92
*74%
2%
16%
16%
16%
•
9%
75 Va
*9%*
v;
*2
2%
•2
18%
18%
19
18%
19%
*2
•15%
16%:
<16%;
-
18%
19ya
2%
*2:
Columbia Pictures
Commercial
No
Year 1941
Lowest
•
•
19%
19%
'2%
-19.% '
•
Carbon Co
4,300
" 9
^ft-i^ft
-\
■
iyaApr 28
*
Range for Previous
Lots
$ per share
32
Aug 11
29% Aug 13
$2.75
22%
*97% 110%
27%
27%
*101
104%
S per share
No par
1,300
8%
31 %
22%
100%
*97%
27
104%
''■■'3s
■
-
!.
'
4V"
'
w
26%
♦101
8%
-
22%
5%
Columbian
*29%
8%
22%
75
...
100-Share
Highest
preferred series A-t—.-,.-100
preferred
^100
6%
10
*73
-
31 ya
,
31%
22 'A
22%
*97ya 100%
-n4 •r
9
9;
8%
*29%
8
8
26%
i^ft
32
75%,..
.♦'29%
,
104%
;
3*
<
'
*73,
100%
26%
*101
105
9"
9
;
K-.9-'. ^ 9
*97%
100%
75..
Par
600
31
Basis of
Lowest
Columbia Gas & Elec
21,400
1%
33
*29%
.
On
Shares
share
,32%
33
31
7
-
EXCHANGE
1%
■.
.
33
*30
22%
27%'
27
1%
1%
■
,♦.73
,
8%
31%
22%
1% '•
33%
30%
33%
Range Since January 1
.
NEW YORK STOCK
the Week
9 per
share
*30
•
8
*29
23
*97%
-
7-5
*73
8%
•29
22'/a
•'
75
.
3iy*
8%
8%
32 Va
->3*
ft
9 per
•
Sales for
Aug. 28
Aug. 27
share
1%
34%
*30
r*30Va
•103%
9 per
1%
1%
1 %.
I ft
'•
t
_
STOCKS
Friday
.
Aug. 26
I per share
34%
W*73
■
.
31
1 %
*30%
s
; >k
,r./,
Thursday
^
.
Tuesday
Aug. 25
:
.
HIGH SALE PRICES
Wednesday
LOW AND
Monday
Saturday
25% Jan 12
90
July 3
56
12% Jun 22
—No par
•
60
^
1% Jan
43
>
Jan
34%
Feb
Jun
3
42%
Feb
47% Mar
17% Jan
14
14 V*
Deo
20
July
if.ti71,
'■'' ;:<
'
*3
3%
*15
>
.19%
*3.
*15%
18%
9%
9%
'3%
9%
*9 %
•107% 109
109
*107%
3%
:
*9
6%
22%
23'/a
27 V*
27 V*
*10%
10%
17%
9>A
10%
9%
9Va
9ya
3%
3%
3%
3s
3s
157A
15%
*
ft,
15%
15%
15%
•9
22%
22%
22
22%
*27%
27%
27%
27%
10%
10%
*10%
10%
;■
9
3%
15%"
•17
'
18
*17
17%
16%
17
•21%
22%
*21%
22%
217/a
21%
*37%
39
39%
39%
*38%
39%
*V*
,
*38
22
Deere
22%
6,900
27%
400
10 V*
8%
ioy2
700
Deisel-Wemmer-Gilbert
Delaware St Hudson.;
87A
800
3%
3,400
.ist
*%
y 15%
3s
.
*16%
,
^..^...100
Delaware Lack ,& Western...——50
300,
Diamond
391/8
200
*7 ; ;
7%
19%
19%
700
Diamond T Motor Car
19%
800
85
85
*38%
39 l/8
39%
■
Mar 18
4,500
6%
Match—w,
—25
Jan
Dec
18
6%
Apr
11%
109% July
8
8% Jan. 5
24% Jan 14
18%
25% May 12
9% Apr 25
29
Feb
27
23
2
18% Jan
Jan
5
21
Sep
30% Aug
14
% Jan 27
14% Apr
28%
6
10% Jan 28
Jan
4% Jan 27
,
Oct
Apr
9% Dec
11% Feb 20
VA7: Jan 2
2% May 21
Feb
Sep
Sep
Jan
114
27
18%
Dec
July
6% Aug
% Aug
23% Apr
2% Feb
,
Sep
16%
7
27
Jan
Dec
14
12% Dec
20%
Sep
18
Apr 28
27% Jan 19
21
Deo
29%
Jan
33% Apr 24
39% Aug 24
33
Deo
41
Jan
6% Aug 24;
16% Mar 7
-9% Feb
Jan
70
85
No par
partic preferred.
110
5%
14%
17% July 9
11% Jan 19
>4% Apr 16
18% Apr 29
tDenv & R G West 6%
260
15 ft
>
■
2% Dee
3% Jan 10
7
Aug 12
102
.—10
17
*22
22%
15% Jan
8
.—.No par
—20
22%
22%
39%
Co———
&
Preferred
pfd—100
Detroit Edison.—.i——20
Devoe '& Raynolds A—No par
..
:
Chemical Co.
*27%
,
3%
15%
16%
22%
V^
3,300
8%
*%
15%
16%
*22
7%
109
7%
'2% Apr * 4
,
Conv '5%
:
3%
:
3s
15%
,
Davison
" 16% :i6%
3*A
;
Davega Stores Corp.—
600
5
pref erred J—L——-..25
(The)
I
Dayton Pow to Lt 4Vi% pfd
100
Decca Records Inc...———.1
9%
3%
9
3%
3«
200
17%,
v
8%
9%
.
V 3 Vi
*107y2
7%
10%
.*%
;
3%
■
7
27%
3%
*V*
*9
»,
*107% 109
109
22%
27%
27%
9%
*3
■
D
*v."
*15%
9%
6%
22%
23'A
*10
3%
17%
*9
6%
*10%
23'A
,*27%
„■
*107%
109
6%
6%
-
9>A
*6%
6%
.
-.♦3
*15%
3
*15%
9%
■
*107%
•
*6%
'■■■■■
18%
*16
-
Jan
"
*7%
.
6%
7%
*19%
20%
•83
.
90
*20
85
7%
6%
:
20%
85
7
*83%
19%
85
85
*8%
9%
36
36%
36%
23%
23%
23'A
23%
22%
23
*11%
11%
11%
11%
11%
11%
62
62 ya
60
61
9%
.
5
61%
61%
•15
111% 111%
111%
111%
-
*8%
♦36
15
15%
>3%
•9%
9%
114% >114%
•123%
117
123%
9%
123%
26%
26
♦3
3%
*127
129%
*3
129%
32%
33
90
22%
22%
22%
22%
22%
11%
11%
11%
11%
11%
11%
2,400
1,800
59%
59%
60%
1,600
59%
59
9%
113%
123%
114
,
*3%
*14
4%
9%
300
117%
50
112% 113%
124'/a
*123%
124%
*124
*117
118
*117
118
*117
118
112%, 113
25%
26%
3
3
128
128
*174
25%
251/4
2%
127
•25%
:
3
127
•174
32%
32%
32%
40
32%
31%
12%
*12%
12%
12 V*
12%
12%
26%
26%
26%
25%
26
25%
26
26
*11%
11%
11%
11%
11
11%
11
1%
*1%
1%
1
1
*1%
1
%
1%
*i%
1
■r
1%
ft
ft
22%
21%
*19%
21 ya
19%
19%
17%
30%
30%
30%
30%
30%
30%
30%
•21
23
23
21%
21%
21
21
*42%
*109%
1%
24
*21%
44%
110
•42%
'109%
1%
*1%
23%
44%
1%
51
*46%
51
•51
52
*51
52
•49%
54%
•49%
54
•%
3s
*%
For footnotes see page
21%
18%
.
*42%
44
44%
*109%
110
•46%
21%
110
*109%
1%
51
*49%
759.
27%
ft
>•'..
21%
20
20%
11%
100
20
20%
44%
18
18
18
30%
30%
30%
30%
21
42%
42%
*109% 110
,
$7 preferred
*
$6
preferred
i
Battery—..
600
El Paso Natural Gas
44V4
44
110
102% May 20
Apr 24
144
Jan
2
136%
Deo
164% Jan
No par
120
126% Jan
7
120%
Feb
127
Deo
111% Mar 14
118
6
111% July
118
May
34
Jan
——.2
—...5
shares—
22%
*21
Deo
Aug
500
..No par
No par
Endicott Johnson Corp
110
20
16% Apr
2% Jan
5%
No par
—3
preferred—
50
100
17
2
Jun
Aug
27% Jan
3% July
141
Jan
9
7
170
Mar 28
176
Jan
IT
26
May 16
XllVa May 28
20% Jan
2
10% July
2
.V A Feb 16
% Jan
2
17% Apr 27
24
3
Apr 24
Electric Power to Light—.—No par
Elec Storage
Jan
6
105
3
600
6%
20
July 27
cum preferred
—.100
Manufacturing Co..
4
Elec St Mus Ind Am
Jun
10
Boat—...
5,800
4,400
1,500
2% Deo
9
Jan
23%
120
108
1,500
4% July
17% July
79
141% Jan
8
Mills—.........5
(^he)
3
Dec
Oct
123% Jan
26
1st pfd—100
Edison Bros Stores Inc
.15% Jan
59
ylll% Sep
12% Dec
37%
Jan
(N J) —No par
6%
6
3
17
May
x0% Dec
,
Jan
18% Nov
>
Feb
Rolling
Eaton
70% Jan
124% Jan
Deo
8
Eastman Kodak
Auto-Lite
ill
2% Apr 28
May
32%
18% Jan
112
Eastern Airlines Inc...———...1
Eastern
Electric
1%
20%
110
Duquesne Light 5%
Electric
ft
17%
-
$4.50 preferred——.
9
7
13
23% Aug 18
6
13% Jun
■
86
.100
.20
—
2,800
1%
.
....—1
13% Mar
Feb
10%
Deo
32% Aug 21
May
1%
.■
Dee
120% May
160
Apr
27
Dec
10% July
117
Jan
5% Jan
145%
182%
Sep
Jan
27% July
13% Jan
9
17% Dec
36% Jan
17% Sep
33% Jan
5
10
17%
1% Jun
2
1% Jan
8
15
Jan
21
35% Jan 23
14%
Feb
Dec
% Jan
,
%
27%
Dec
Jan
% Aug
4% Jan
Feb
39% Nov
15
Apr 23
32% Jan 23
23%
Feb
36%
29
Jan
32% Mar
3
26%
Dec
34% Aug
26% Feb 18
21%
Dec
33
39%
Feb
2
19% Apr 24
39% Apr 27
107% Feb 16
49
Mar 16
111% Apr 11
107% Nov
Nov
July
47%
113
Sep
Oct
7
Jan
'
*46%
3s
1%
ft
200
12
27%
11
*1%
19%
•30%
•23%
X12
'
ft,
•20 Va
•
12%
May 21
International
preferred
9
6% Apr
12% May
65
9
Aug 10
Aug 24
36% Aug 27
Apr 14
Apr 29
Du P de Nem (E I) &.CO—
10
31%
11
1
2,300
*174
27%
11%
400
1,300
31%
125
31%
11%
1,500
3%
126%
*2%
♦12
*12
26
26
3
127%
175% .175%.
31%
118
8%
8
93
Duplan Corp———f.—.No par
100
*117
.
125
25%
*2%
127
3,500
*124%
125
26%
3'A
Dunhill
*3%
7% July 17
32% May. 7
16% Apr 23
51
No par
21
5
No par
Dresser Mfg Co__—_—
*9%
117%
-
Jan
^...No par
Douglas Aircraft——
100
9%
120
•123%
130
Dome Mines Ltd—i.^..No par
Dow Chemical Co—
4%
*9%
*117%
15%
...
No par
Class A—!——.—..—.No par
Doehler Die Casting Co—.—No par
900
112
*14
15%
*3%
9%
120
113%
113
60%
112
*110% 111%
4%
9%
*117%
9
*26%
•i%
*12
36%
15%
4%
Dixie-Vortex Co—
*36%
22%
15%
120
100
36%
*14%
*9%
No par
100
*8%
110 Vi
*117%
Distil Corp-Seagr's Ltd.^
5% pref with warrants..
36%
110%
*3%
,
'174
•174
♦32%
4%
*9%
•117% 120
114
114%
.*116% 118
117
25%
;v
^.2
400
9
*8V*
Co.*.
85
8%
*36
*14%
*3%
4%
119
..
36 Vi:
8%
9ft.
36%
'
*117%
Xl9%
85
111% 111%
15
7%
*7
V*
19%
86%
36
*8%.
7
7 V*
20
20
*%
1%
1%
1%
1%
1%
50
46%
46%
*46%
50%
51
*49%
52
*49%
52
53
•48
53
'ft-
*%
50
3s
*%
1%
1%~
47%
50
*48%
ft
*%
1,100
47 Va
,
200
52
*49%
100
53
30
3s
Engineers Public Service
$5 preferred
i
No
$5% preferred
—No
$6 preferred
—No
Equitable Office Bldg.
No
1
1% Apr
Apr
July
47 % Apr
par
40
par
46
par
par
& Feb
17
3</a Jan
5
2% Deo
28
66
Jan
30
27
73
Jan
5
25
'83
Jan
17
74% Deo
80% Apr
83% July
89% July
% Jan
5
3s Nov
% Jan
21
64%
Deo
69
Deo
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
Volume 156
753
1 hi,*'
1
N EW YORK STOCK RECORD
%
LOW AND HIGH SALE PRICES
Monday
Saturday 1
t per share
share
STOCKS
Friday
Sales for
Aug, 26
Aug, 27
Aug. 28
the Week
I per share
:
Aug. 25
Thursday '
t per share
$ per share
Wednesday
*
Aug. 24
•
*
$ per share
Aug. 22
"S per
Tuesday
:
-
1
7%
73'a
7%
7%
*2%
2%
*4%
4%
>
,23
'
7
2%
1
4%
23%
22%
1
*%
>'■
*7/a
38%
7%
,
Lowest
Year 1941
Highest
J per share
■'
'
,
,
S per share
'
Par
5,700
7%
38%
Range for Previous
On Basis of 100-Share Lots
;
Lowest
Highest
1 per share
'
42,700
38%
2,800
7
7
38
Range Since January 1
STOCK
EXCHANGE
™No par
JErie RR common—
.
Ctfs of benef
4% Jun
—100
32% Jun
2
l%Jan
2
...
4
37% Jan
int
5 ft pref series A
4
—
4%
Dec
2 3%
Dec
30%
Dec
7% Aug 18
7% Aug 22
2
'
44
Jan
*
27
$ per share
10
Aug
7®% Aug
42®%
Nov
3®%
Jan
"
2%
4%
23
7%'
7V'a
6%
38%
2%
•
23
7
38
*2%
4%
7
7%
6%
39%
:
*4%:
2%
*22%
7
7%
38%
*4%
•
7%
7
7%
39%
39
23
*%
7%
7%
7%
39%
;
Share*
'
*38%
NEW YORK
1
*25%
4%!
43/4.-'■
22 3%
22%
*%
2 3,4
*4%
•2%
1
*4®%'
22a/4
*7/a
2 3%
2%
1
■
23 y4
1
•«
233/4
•7/a
Eureka
1,200
>
•
43/4
•
Y
800
Vacuum
Evans
200
Co;
—
Corp—Exchange Buffet Corp
1
4 y8
5
—
Ex-Cell-0
-,
,—5
Cleaner-
Products
3
20
Y
26
May 20
$2.50
/.
r
3
Aug
3
53/4 Feb 24
Apr 24
ft Jan 23
,1%
:
Dec
4
Deo
8%, Jan
Mar 24
Dec
303%, Jan
ft May 28
<
21%
A
Deo
ya^dan
_■
'
/>;F;'> ;-T
*3V
J.21%
32
21%
21%
21
*8%
6%
*6%
67%
«■
*70
22%
*10%
10%
*3%
74
*70
22%'
x21%
21%
* 10 %
*10
10%
*3%
3%
*13%
14
3%
13%
83
'
80
*8%:
,9%
*8%
9%
38
38%
38 y4
*8%
10
*8%
10
*9
18%
18%
18%'
.*18%
18%
.
"
:
*32%
34%
*11
11%
.*91
*33
100%
.22%
22
*91
22%
*19
*3%.
35
11%
•
.
19
•
<•
3%
100%
22%
22
-*3%
J
.
*91
23
*■19
;
3%
*28%
32
♦29
32
10
*9%
10%
,*97%
10%
34%.
34%
*34
34%"'
*33%
10%
10%
10 >
10
*10
120%
120%
*33%
f 10
.34%
10'/a
>
.
.
*118
120%
*118
♦16
16%
•
*5%
.//
*16
r
6
6
10%
*35 y
*17
18
•
♦94
96
:2%
.
.
•
*35
49
34%
v.33%
33%
18
-
*17
18
95%
*92
95%
1%
;
1%
*9%
9lA
; 2o%
2%
20%
:
2y«
9%
20%
'.
.»
■7%
20%
3
*6%
3%
*49
'
•
1
.
11
>9%
.
_
'
:5%.
>
10%
v
i
*2%
.>7%
*70
,
,
•:
..*18'
125
"2%
2y4.f
7%.
?7%
7%.r
:
18%
125 %
:
36%
:
*69
.
,7%/,'.
.'
733/4
'
:18
18.
*125%
26
26%
32%
*84
,,
78
*2
f
•
-ft
.
V
100% 100%
»*«■
•A
*99%
iV
♦13%
13%
13 y4
106%
106%
U
•
*
16%
'
14A
106%
9%
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♦
/
61
14
133/a
*11%
•104
<
•563/4
-
-
4V*
■■
•51%
t:f'7%
*69;-,3
125,
lU
:
>56 Va
53
13%
*39%
41 ?
393/4
-
39%
»24
1%
»77V4
,79%
20%
20%
*76,%
77,
14
*133/4
113/4
*11%
104 *;
10%
IO33/4
11%
*10%
"4%
53
13%
"■
*56%
79 Va
.-
20%
20%
>
-
77' ;■■■ 77
v
■
".♦2%
85
3
'
r'
.
,77,
•
■~
.
183/4.'
77
•
'
*51%
20
.'.77' V"
i
•.
3
"'-*76%
(;%*
19%
18%
78
77 \ ;•
-2Va-
76%
■
U
%
4%
•"*<.
%"•'
'■
/ 43/a
43/a
•ft
♦
4%
■
4%
43/a.
i'
Sep
% Mar
8
Mar
.2%
Deo
.1
.,6
«
Apr
20
8 s/a
Dec
22
47%
Jan
15
4
Jan
5
101
16
Aug 24
33/4 Jan 15
V
»*8V'4
8 5/a
(■
8V4
■:
'■
8>/4
*8
•
75-
7%
29
*28%
28%
:•
27%
♦23
24%
*23%.
24%.
■>
*23 y2:
7%
:
600
: Y
17
16%
/'
3/a
preferred
23%
23%
..
% May 13
138 /
*50
?57
32
*31%
"/ 32 '
*74%
■—10
/———No par
30
'
*74%
•
14
63A
Dec
v
4
73 V2
Feb
,97
Mar
2
16,
;
Dec
22
Jan
16
<
Deo
130%
283/aJan
5
24%
Dec
35%
33%
Feb
116 Va July 24 i,> ,112%
Jan
3%
28%
33/«
28%
*19%
20%
*32?
33
*32
13
*
33A
:
28 3A
16%
22%
22%
23%
23%
Jan
102
1,200
.
Y
'3 '
Jan
38
9
.
32
32
13,
77
:
>11
lO-Ya-r
"1*2 J
-
*74%.
32
*31,
12%
13
;
•
11%
10%/
11%
*11
.
2%-
77.
*11
>
.10%
2
*74%
2
#
77-Y
.
■r
-
423%
Jan
Deo
27%
3
Sep
48
Mar
4%} Jan'
Sep
i
31
Nov
Jan
48% Jan
127% Aug
Dec
4%
7%
Dec
109% May 13
105% May
3
•^1 Nov
..
.
% Jan
/14 y4 Aug 26
lov y2 Jun
x
9
Jan
110% Nov.
%, Jan
Dec
88 y4
5
% Jun
Apr 23
% Mar 26
91
121%; Deo
/
6
53/4 Jan
104
132%
Dec
28%
,
3
14 y8 Aug
Nov
Jan
125
July 29
3Va Jan
30
.
8ep
Aug
1%
18
16%
Jan
Jun
106%
Jan
V* Nov
% July
*23
Deb
9
S
16%
Feb
7
8'/a
Dec.
11%. Jan
55% Jun 12
79% Jan 19
46 Va
Jan
80'/»
Sep
13% Mar 30
20
16
Deo
24
Aug
11
10
1
May
2
1/4 Jun
conv
50
preferred-—
Jun
Deo
v
2% May
34% May
-
14% July
4% feep
•
54
>;
Deo
Dec
9 5/a
Sep
Feb
743/a
Oct
Mar
17
11
Deo
Feb
4
35
15
'
4% ft
22
112
Deo
60
15
2
373/4 Jan
Deo
Mar
6%
4%
57/a Jan 20
4
12% Jan
Jan
65% Jan 27
4/' Apr 28
50
29%
Dec
13
i
4% Aug 24
56 3A Aug 24
Apr
102
16
24
11% July 22
X40V8 Mar 31
•:
14
5
Feb
110
2
Jan
3
Jan
16% Jan
May 21
1033/4 Aug 28
7% Jan 12
—No par
;
28% May
Mar 11 v
23
$6 preferred-^--—-No par
Glidden Co (The)
.-—No par
Gobel
'(Adolf)—
44
;
17%' Sep
.46
Jan
Deo
$5
conv
13
56
Jan
'
-
par
8,
10%- Jan
,60 y8 Jan
i%
; -No par
,2
-
Jan
2
20
Jan
7
~,-l
% Jan
2
5
4% Jan
2
X58
.100
Graham-Paige Motors—™,
Granby Consol M S & P
800
29,
■
80
32
/
-.
/
'3%
3 3/a
3ya
3%
3y8
-28%
27%
28%
27%
3Va
28
Grand Union
1,100
Granite City
1,200
Grant
•''
2,400
22%
'6,400
-54
Dec
V-
400
6reat
240
; Preferred
a-—100
Green pay & West RR-^™
100
Green (H L) Co Inc
1
;
"/
13
-
■
14,400
■
10%
5%%
'2
J
200
•,
?74%./*74%:
.3% ,/3y4
27%
-1,300
.28
10
conv
'
preferred.™™—™>0>
,-Grumman Aircraft ,Corp——1
; Guantanamo Sugar
I._™No par
8ft preferred-—
1-- ——100
2,300
Gulf Mobile & Ohio RR—™No par
$5
4,400
preferred—^™u_—
No
par
123/4
Dec
36 Va
25%
Jan
Dec
18 3/a
Nov
Deo
28% July
23
2
12%
255/a Feb 27-
18%
50
28'
143
Jan
14
135
52
Apr
1
42
/ Mar
33%
Jan
3
29 ya May
13/
Aug 24 :
93/4 May
la:
10% Jun
Apr 24
10% Apr 25
Mar 31
9% May 20-
1%
May 22
48% Jan
2
2% Jun
3
Jun'
18
>28
Deo
July 16
25
10
t
19% JafI
28% Jan 27
Apr 21
•
2
113/a juiy
14% JaU
6
37/a Jan 29/
81% Jun 30'
4
Jan
24
Jan
6% Jan
/Jan
Mar
3
130
'
Dec
Feb
22% Apr
.
Greyhound Corp .(The) —No par-
.,.11%
*10%
.2
700
32
Western Sugar-_-—Nd par
1%
Deo
6% Dec
25
19
Sep
3V4 July
68% Nov
5
,
14 Y,
28
19% Jun 22
Oct
Jan
133/4
13
14% Jun
Gr Nor Iron Ore Prop—i- -No par
preferred.™ -No par
90
Jun
%
Jan
17 V4 Apr
•203/4
3% Dec
31
July 23
743/4
,
•
Jun
25:'
Sep
Jan
21% Nov
Dec
9
8% Aug 21.
8V4 Jan
"91"
Dec
10
59
23
..20
Great Northern
: 57
3
Apr
6
Apr 25
23% May 4
.No par
-10
preferred—
Mar
6
div ctfs„— -No par
Co—.
,138
12%
.'
A;,
5ft
w
Steele—
(W T)
-"i '24
';
'*31
,V
'*i%"' T2.y8
;
1,300
24y4
16%
:*u
llVa
*74%' 77
8%
7%
''
2%
Dec
11'/a
Aug 21 "
77% Aug 27 f
'19 3/a Aug 24 :
85*" Aug 24 :
"3% July 22/
79
July 27
1
Feb
2
5% Jan
2% dan
'
Dec
.
Feb13 Y
20 3A
Jan
preferred--—-- -No par
Gotham Hosiery..:—
Preferred1
82-
Apr 30
,2
74
Deo
ft Jan 30
2 3/a Jan
1 % July 28
; Goebel Brewing Co
28 Va
*50 /
10% ' 103/a
10 %'
Oct
Apr
Jan
19 V* Jan
Glmbel Brothers-/
20
■
16%
124'i •12%..:;
273A
3%:
29
'
Sep
417%
78% July
3
128
2
10% Apr 27
Telephone Corp™,-—20
Gen Time Instru Corp™™—No par
Y
6 %preferred——
100
General Tire & Rubber Co
—_5
Gillette Safety Razor™—No par
$5 conv preferred--™No par
400
22%
;57
138
Jan
14% Apr 28
8% May 27
200
4%
*23%
.
24
/.:;
Y,.~ *137
13T
*50
Jan
15%
% Jan
:
10
33A Aug 11
101
%,
39% July 14
99% Aug 25
Signal-—
-No par
preferred
™_,-Y--.™-™100
'
Jan
,83
2
A Jan
.5
15
131% Feb
Apr 16
10% Mar 11
•
-™_™_1
—No par
,_^__™™10c
Goodyear/Tire & Rubb™//: 1N0
'
; .,78 '
'
Y7%,
.
•
23%
137
*50
57
12%
*23%
23%
57 s
*137
32
i
233/a
138
6%
f
13/4 Jan
Apr 10'
13% Aug 27
i% May 13
Corp-
preferred
40% Jan
.
:
par
7,900
77y4
.
28
16%
13
•
*23%
24>A
Mar
Deo
127
122
par
6,600
Y 900
*75/8 •;
•
?
23
',.'*56.,
• 11%
103A. -U ./
"T V 2y8'
2 'A
77
;•
7%
16%
Y*23%
July
5
,
General Shoe Corp-.™1
Gen Steel Cast $6 preferred—No par
3,300
28.
2 2 3/a
138
*11.:
...12
8
7:;
28
16%
-r
144
•
2
118
Jan
7V4 Jan
/
,
Dec
20
Mar 25
61
122
—
20%
4%
23%
32 '
"
123A
';,:io%,:vi0%
/ *2""*
;;
.
57
>50
*12% : 13
All
23%
.138
7%
.
•7%
27%
Dec
'Dec'
2%
Oct
Sep
v
90 V< Feb
64% Apr. 29
100
f
—1
*4.—
Gold 8s Stock Telegraph Co
.100
Goodrich Co (B F)
-No par
.i.No par
Y 5% preferred
> "•.' '
"4%:-
24%.,,
16%. '-.■
24%
'
123%
24 V*
138
8
7%
27
3 '/a
■
55.
93/a Jan
233/4 Apr' 24
111% Apr 29
No par
-/
tommon————™—No
6%
200
1%.
2%--
.'*75
3/a -
.
.23%:
17
233/4
1373%
8
73/4
28
53/4
104
28
21% Apr 28
Gen -Realty St Utilities
1
,Y; $6 pref opt div series™—No par
General Refractories
-No par
900
*84% "85%
/
16%
17
23%
*23%
8%
*7%
12% July
537/a May
Apr
4
Sep
Jan
3
"x
"Gen Railway
2,100
100
18%/. 19
•
-v
78
-
--%
*4%/
•
*7%
*28 3A
> *7%,
■
•
"Jun
115
:
'
'
.
39 Va - Deo
4% Aug 24
29
'
%
•,?4ya
5
.5'
Jun
'
■
par
10
4
77
:18%.
-:3"/
'•-%
20
*■
84%- ■84%- "/
.
76%
'%
■s\ Y %%
•
>
<79%
*77%
77%,"/
-.18%
-
/
13%
45 r
/> 13A ''
=.■
-20%'
'77%
..
■■
18%
-
53
.
79%"'
■193/1
85%-..
600
8,400
4%
-
-i%
*77 %
>
%■"
:
P/4
'
'•
23
2%
23/4
f
%
•
20
56%
•-
/~ Y: '. *51%
13%?
13%
>39.}> ■: 41''Y> •-'•*39
13A
400
12
13%
77%
> ">843/a
/ i
>23/4
86
'.*23/4
78'?»
K
"i9ya
*84%
>
3
-;*76%
20%
l3/4
77%
.
79%
20
1
85 ^
.
*2%
77# •' J'77
»77y4
193/8
19.5-
.86
■
;:
Y
Gen Public Service™
160
1033/4
>>>4%
4%
53
•
14,
> -56%
58%
'-
4%'
41 /
'
preferred
$6
400
Y! 103/4 •'11 •
■■'■
4% ''''4%
:
4%
4%
Dec
15
Jan 20
121:
16% Apr 25.
Apr
Nov
5V4 Jan
15
May 20
120
12
104
Apr 28
72
Apr
403% Feb
.
67/a Apr
100
Deo
Apr
52 V2 Jan
2,
No par
l'A
1%
7%
3% Jan
2% July 31.
2 ya Aug 18:
.
2
General
1,200
16,
59
,
50
1,200
.,v' S 9 %'
59
9
*13%
•104
4,500
/
26%
-
,
15%
c■
59
%
.13/4
*77«/4
19 y4
.19
'*84%
1%-
U%
-
-
*24
r
9%
July
23% July
69
Aug
3
7% Apr
10% Feb
13
3/a Jan
3
1
/——No ipar
General Printing Ink.
100
■
*106% 106%
'hi
16VA
h''i
,*ls/o
26 %
16%
-r
Y
Gen Precision Equip
500
A
Jan
41.
3
Jan
;21
Mar 11:
106
par
Gen Outdoor Adv A™__/—-No
V
"60
-13.%* 137/a
:
/
3/a
*93/a
56%
%
%
14
106%
3%
99%
',
Deo
46
May
32% May
23/a Feb
29,
$6 conv preferred series A-No par
5ft
$5
/
1,700
"
Jan
V~5,1(
2 3/a Jan
11
3% Apr 25
:
General Motors Corp—
800
•
.
A
,
,
600
13%
13%
3%
'*"
t
;
2
132
Feb
36
May 27
3
383A Jan
35 % Jun
Cigar InC;
General Mills—
700
',.'
Feb
98
.
$4.50 preferred™—™™-_No par
Gen-Gas & Electric A—/No par
80
14
;
99%
■%
11%
105 "*■
*4%
«*39
;
■
3%:
1
&
'4y4
*51%
135/a
99%'
58'/4
56%
■
>*13%
.
Sep
^20y4 Jan
Feb"
"2'/a
45
8% Apr
4
16
May 8
2y2July 3'
6% Apr, 22J
•: 8 % Apr
17
—i_5
preferred™——/--
-
13,900
•
Deo
'
100
;/2.'*;,
14
'■'
-™™-No
-™.
cum
9%
17% July 14
7
10% Feb
1% Jan
6
1% Jun 23
General Foods Corp—///—No
*125: .125%
;f,
13%
*106%
-
10%
13% ' f'-V 13%
125%,
38
*A
9%
4%
:
53 v,
-
v
v
105
5
*
2,400
78
131%
.
3%
106%
193/4
V
■
4%
*51%
14
\
4.3/a • :
56%
4y2
4%
113/4
70
383%
,*130
32%
;
Deo
No par
4; 7ft
preferred—'™—u_™—
*100
General Electric Co..™
—No par
893/4
*843/4
>*773%
1
99 %
3%
14-..
*104
7%
A
General
II,400
26%
preferred
Class
;
200
■
"/tisb?4" *'
••n-32% >32%
*1143/4 118%.
37%
13%
.13 3/a
59
<
11' ?-■
•■!--
4%.
4%
'•
26%:
?
;
$8
•J
:•
126% 126%
78
13%
1%
;
101
*58
105,
'
Jan
May
03 3A
2,500
*124%
,
16 >V.
97/a
200
72
18%
89%
2fr%
16'
:*
12
11%
*13%
3/4
41
-
■
*24
'
14
*104
*51%
53
' .13
^39%
..
•
»
.
Deo
24
4
No .par
c.
General Cable Corp
2%
■2%:
Jan
13%
Aug
Amer
500
-..■
,
7
35
Dec
95
-i-i—No par
Transportation
5
I,800 Y General Baking—i-™u—™—J..^5
Gen
General Bronze Corp—™:
131 %
*133/4
60
*13»/4
11%
4%
4%
4%.
"t ,13%
;
56ya« : 563/V
"
57
4%.'-
v
11%.
11%
4%
.
12
105
♦104
105
'•
14
*113/4
12
'
11%
;
•;:
*13%
*
.
9%
:
Gen Amer Investors.:
:
May 28
51
Jan
Jun
85% Apr 10
preferred—™——™.
_10
Gaj'lord Container Corp—™—^-(;5
; SV2ft
conv preferred
.50
50
323'a>
*84%
%
163/4
60
615%
.
3%-
*i06y2
26%
t
*9%
9%
97/a
61
»24
,
Dec
Dec
Yf. $6. preferred_i-
soo
.-ft >7%
■'••■v. ,.,*77%
131%
131%
38 y4
37%
,
•:163/4-
800
3y#
13
18
——No
500
18%
78
♦A ■■;. A
13%
14%
3/a
163,i
:
99%
133/a
26»/a'
&
163%
16%
^
*9%
.
J'/ *"24' '■
26%
*24
.
■:
*99 Va
) 106%
:>
J3
•
.
ft
■
141 q.;K\
13%
3%'
;
A
.
106%
*%
1243/4
..14 •
133/4
13%
13%
106%
,,
37%
38%
*3%-
101V*
.'•••' *a'a
■
*130:
15."',/
99 ya
,
'If
*1143/4' 118;y2,
:,
,
89%
*77%
125
.
100
25% Apr
3
par
Gar Wood Industries Inci——a1
...
>84
.
(The)—
Dec
Jan
(The) cl A——No par
Co
17'A
19
Inc
Gamewell
33%
15% Apr 24
(Robert)™-™-™—1
preferred—u,———.
90
Co
Nov
Deo
.™106
;™-
103
Dec
16%
___1
5ft
36 y4
:
preferred
16% July
9
3
Co__„____
Jan
,
42% Jan
21
Apr 29
!
^.73*%.;/
32
.*1%
.37/a ■ •3%
3%
-
>
15
,
14:;.''
>13%
:
14
13%
; *3%
125
125
I';,': 15 V ■15 ■%/'.
,;.,-:*l% ■> fytr.}
'
"2%
.'■•;\
38 Y$
Mar
27
6ft
1,310
420y2!A21
*125%. 126 %:
26%
26%
32%
118 %
*114%
129 >/2
129%
38%
38%
125■y:
v,
:15%
' .v
.
129 Va
40
conv
105
Deo
30
13
:-'/;.*3.%,,;".33/a<
7y»
.
*18
,
26 %
32
t
893/4
*77>/4
Jun
i/j;;/.
20
36%
/
r
.*68
126%
/
i
•114% 118%41
\b
78
■
129%
38%
38%
125
- 125 V*
,15%
78
.1.
Jun
5
Gair
v
?
c
2'/a;
16
Gabriel Co
2,300
'
78
*76%
•129% 131
9%
19%
120 y2:-
,.
114
Trailer
18%. Jan
134% Feb 21
9% Apr 28
10
Sep
Nov
-34% Aug 24
12% Jan 26
25
\ Freeport Sulphur Co™,
Sep
13
98
5
5y« Jan
/ 27% Mar 14
,
10
45%
'
36 3/a Mar 19
No par
900
-4%^.
:
,
*7
..
IV/2 Jan
Sep
97% Jan
31% May
8% Deo
«96% Jan 15
*23
Aug 24
Mar 21
1,700
1%
,
■"■'
j
2%
*9%
:« 'i
3%-, -3y»;
„
313/4 Feb
i
90
6
18
27%
<
Feb
Deo
Jan
4V4 Jan
,
123% Deo
-
$
May 14
100
8y* Deo
12
ai% Apr
Mar 27
Deo
34%
,39% Feb
15
9
'
-
32%
*2%
.
2%<
..
.
3
3
Fruehauf
1%
36%
*119
v
,
-3.%
2y4
:7%
125%
26Va
:
(
'>
88
■
2%
-
18%
125 »/a
27%
*84
89%
74
*18>
,
1
'+ ■*
i
*69
■
?:;
32% ' 33 :
114% 118%
■rX
■
.
74
125%
118%
'-iV;
;
■
Jan 19
86
Corp
preferred
conv
5%
f,*6%
7%
7%v>:
V.*9%,.< 11
.11'
*48
50%
50%
5 .;t;V i ;->>■*4%-, n. 5%
*9 Ma ;
4%
12Q%
3%
;
->,-,•
11
3
41aA Jan
Feb 19
/U
l87/a Aug 24
102 Va Aug 11
Francisco Sugar Co
No par
F'k'n Simon & Co Inc 7 % pfd^
100
300
3
*48
•4%
*119
2%
i" >18
,
4%
'
120»/a;
3%
•69:
32%
*84
4 V\
/ *119,;
3
36%-/;
86
28
./>.
'S'4' .yVh, ,'.*43/4
ir.A *104%. 106% / '::51041/2' .106%
36%
6
10
95%
.r
,|9..%
,
2% Apr
143/4 Deo
Jan
No par
; ; $7 conv preferred
6% prior preferred™:
400
I
106/
*104 /
%;■;;■
*92
9V4
49
5
9
"•
fc7%
.
27
•114%
36
3% "■.«.;V8.%-
.26%
26%
106
*2%
125 V4
32%
5%
5%
,l;:*104
■
,.^.
36%
i'4%
4%
*45
18
A..*6%.^':
11
*9%
.
50
4
7
87
par
_Wo
.
i
.
49
;
*17
13/4
...19%
7%:_
4lA Feb
18 Va Jan
,
July 30
87% Apr 27
29% Apr 30
9% Jan; >2
Foster-Wheeler ™^.____i.„___™«10
„
Y
5%
.!
2%
..*3%
r.3
*63/4
Jun 30
100
5%
10
16%
v
*33%;-'34%
95%
1%
20
2%
:A
■9 %„.,.<
V
121
19%
■,
*3%
,
,18%
125%
3^
7%
>67/a
9%
*49
106 v
u120.
2%
7%
74
.
/
.
/,
37
..>3%/,; 3%.
.
2%
..
5%
-r„tl03'%
t
,.36%. *36%
4%r; 4%
120 :.i2o
20%
14%. Jan
bFood Fair Stores Inc™™——A--^l
Food Machinery Corp_________^10
■1,600
,
,
t s
.:
*2%
.;
Deo
13% Jan
__100
Follansbee Steel
•100
*5% •
>35
;
18
.
*92
9%
*9%
.
-
,*17
*2% > 2%
*1%
13/4
;
9%
■
;
95%
,!V
20 y8
50
*5-
5%
*103% 106
;.
l5/a
„*9y«
•,
11
*49
2%
49
*35
♦92
v
83A
Apr 21
May 22
Aug 28
20
r*:„34%
*16
>
«
*33%34%' ;
18
10
8% Apr 23
No par
Florsheim Shoe class A
300
*118
'
16%. *
49
*17
10 y2 Feb
29% Apr 29
$4.50 preferred---^^No par
•'/ 300
/
10
..10%
'
•
1
.v
28
*34
33%
33%
.
1%
'
7%
-
50
*35
';
2%
•;
1%
*9%
.
3
*6%
.
•;,' 2% '
i%
,
'
:
,=
92
•:
2%
•
49
*17
34%
*33%
49
*33%
Apr 15
3
(The) n™^„^No par
Florence Stove Co™
1,000
100
3%
3%
*9%
'
■1
'
*35,. >
preferred series A__
Flintkote Co
i
21
28
125
*16
/Y. 5%
5%
*19%
.;?■•
10%-
-
*118
16%
*5%
•
22%
3%
10
.,.
*33%.-34%
-;
263/4July
7% Apr 21
First National Stores
-
400
:
*22%
-
30%
'
10
125
.*16
5%,.-
:
*28
10%
.
Deo
ll7/a Apr 28
^.10
6%
•100
ny4 ..'v
*91 •' ,100%
'
Y
.
/■>.
19
*3%
■
19%
j._JVo par
400
>
35
/Mat
16
Corp
Firestone Tire & Rubber
'
2,400
4
13
31
76
No par
—.100
Sons Co_:
(Win)
24% Mar
Jan
-
93
■
19
34 %v
*118
16%
5%
.
<<-
-
120%,;
•16
16%
*5%
Y
.
22%
Filenfts
45%-Jan
Jun
8
Fidel Phen Fire Ins N y_^»,__$2.50
-
10
'18%
-*100% 102%
Dept. Stores-^^-.
preferred;
conv
FerrO' Enamel
700
-
■'
18%
<
4%%
100
'."14
*11
,;s Federated
200
q
*9%
100%
10%
400
900
81
-*33%
*91
32
*9%
3% >
.14% >
*0:1/,
11% :
•
*22
-
-
3%
'•■*27%
32
10
3%
..
'33-
-*
11%
,
Deo
16%
5
24% Jan
Federal-Mogul Corf)
.u—--5
Federal Motor Truck_^«i~-,—No par
10%
•
;
8 % Jan
18
Apr
;
Aug 18
20
*37%-38-
102 7/a
-*33
22
*28
■
22%
*19
.*
*100%
'v
100%,
22
3% Y"
r
••
•
18Va
1IY;Y
.
*91-
•
22
3%
3%
327%
11
\v
•
22%
18%
-
No par
70
$6 preferred™
32
16
29% Jan 29
,t6% Dec
90
May
™_2
*9%--14.'^'^
100% Y
■32%
'
o•'(.
.
22
Federal Min & Smelt Co_„„
*78
38%.
-
30
Jun
*50
•■■■
10
-
100%
r
11%
:
...
Jun
6
300
,
38%
37% Jan
19
_15
W.20
Light & Traction,^-*
21%
14%
3%>
79',
q
9
Federal
'
74%
*10%
..
-14%'
79
,
'
'
38
10
35
'
11%
ioo%
<
22%
-
!
11%
•
*3%
*13%
»
;
27% Apr 28
Fajardo Sug Cq of Pr Rico
i
1,100
'
■
*21
10%
■
-
6%
Fairbanks Morse & Co./—-No par
*70
•
21%
*10%
,'><
18%-.18%
18%
100%
100%
*33
(.
*8%
38
■/>
10
3%
14
70
21
*6% ;
:>v
*21
■
80
38%
.
102. '102%
'i.
*100%, 102%
«
s
9%
*8%
37%
3%
13%
*77%
13%,
*78
20%
v
6%1
70
1
-
.xo%/v
*10%
20%
~
300
32
32
r.-".
■
*6
74%"
*22%
-
32
20%
*
*70
*78
.
*30%
6%'
70
37%
-
21
*6%
.
22 %
3%
Y
79%
'
•
21
6%
Y
*10%
,
14%
.
79.
Vi
32,
22 %
u
3%
*13%
*30%
.
70
74%
*22%'
,
32
*30%
21%
*6%
32
21%
32
:
10%. Dec
:
:i% Feb
13
293% Jan 24
B Y
Feb
23%
33
Feb
Jan
July
1.44% Aug
54
Dec
363/4
Sep
143/4
-
Sep
.i-11% Apr
/,• 18% Sep
/
3% July
55
Jan
1% Feb
Jan
Dec
4% Aug
,
,
23% Deo
H
13
*9
/
93A
*97/, 101
For footnotes
20%
33.
12 y2
*8%.
*97
20%
.
see
,
9 1"
page
*32
*12%
.13
100
20 '/a'
,
.
759.
*8%
*97
20 Ya
*20 *
20%
*20
20%
33.
*32
33
*32
33
13
12,%
12%
*12%
12%
20%
*32
12%
20%
300
:
33
12%
■
,
1,200
Water—__™
—25
preferred class A_
Printing Co
25
Hackensack
7ft
Hall
10
19% May 21
29
Apr 11
83/4 Mar 16
•
9.:
100
9
*97
9
lOd,
*8%
*97
9
100
*8%
*,97
9
400
100
Hamilton Watch Co.:
,6ft
preferred
-
No par
100
8
95
.
Jun 25
Mar 11
25
33
13
: Jan
lie
5
Aug 22
10% Feb
106% Feb
6
7
Deo
33
Jan
Feb
38
Mar
8%
Dec
163%
87/a
Dec
15
Jan
Deo
108,
July
102
jan
THE COMMERCIAL & FINANCIAL CHRONICLE
HIGH SALE
LOW AND
Monday
Aug. 25
Aug. 22
S
t per share
*99%
*99%
100
*3%
4
*84
♦128
♦84
90
100
100
8%
*6%
1 Va
1%
1%
1%
*13%
3%
*84
per
13%
13%
/Hanna
(M A)
Harbison-Walk
30
300
6%
8
1 Va
*
1%
Basis
of
100-Share
Lowest
Refrac
No
98
preferred.,
20
!,1
Apr
2
,3 % Mar
80
,_1
104
Jan
2
88
140
1063/4
Dec
25% Jan
1493/4 Feb
Jan
3%
92
May 12
4 per share
Dec
123%
10
4% Feb
29
5% May 21
100
19
Jan
Highest
$ per share
17
16% Jan
146
7
Jan
Year 1941
Lowest
$ per share
29
X126
_1Q0
„
Hayes Industries Inc
Apr
12 % Apr
par
—100
Range for Previous
Lots
Highest
$ per share
Co $5 pfd—No par
preferred—
6 Va %
*6%
On
Hat Corp of Amer class A—.
t
90
8
Range Since January 1
STOCK
Par
,500
4
*84
YORK
EXCHANGE
30
131
*3%
90
NEW
Shares
share
100
*128
4
*6%
the Week
*993/4
13%
*84
8
$
131
*3%
90
*6%
8
share
Sales for
Aug. 28
100%
*128
132
3%
90
*6%
100%
13%
*128
3%
$ per
100
13%
13%
Friday
Aug. 27
S per share
132
8%
.(*63a
STOCKS
Thursday
Aug. 26
sliart
3%
4
♦84
90
13%
13%
132
*128
128
*3%
*99%
100
13%
13%
13%
128
$ per
share
per
PRICES
Wednesday
Tuesday
Aug. 24
Saturday
Monday, August 31, 1942
;
Dec
63/,
Dec
Jan
Jan
101
Feb
8% Jun 25
''
1 %'
*90
'
♦90
93
*90
92%
4%
4%
4%
1%
5
56
150
*54
57
*54
57
150
♦149
150
150
59
129 %
*129
*129
*11%
11%
*11%
11%
60%
130'%
54
59 %
39
*36%
39
*36%
37%
86
*85
86
*85
86
*85
86
*12%
13%
*12%
13%
*12%
13%
*12 Va
13%
*12 Va
13%
13%
*13%
15
*13%
15
*13%
15
*13%
26
26
25%
*24
25 Va
6%
25%
*6%
14%
6%
■*14%
14%
6%
*14%
6%
*6%
25%
25%
14%
*14%:
6%
6%
143/4
*111%
*111%
30
30%
30%
143%
*36%
38
*36%
10%
10%
*37%
105
38
38
*37%
3
3
33
%
1
*13%
15
100
Hires Co
*25 Va
26%
900
Holland
37%
10
lOVa
37%
*37%
37%
*103%
105%
3
3
34
100
2%
2%
1,300
33%
July
Apr
Dec
16%
Jan
80% July
132% Oct
123% May
33% Dec
563/4
Jan
12
13% Jan
5
12%
Dec
16%
Sep
14% July 23
v,; 12%
Dec
18%
Aug
V
13%
Dec
303/4
Jan
X
30 Va
Dec
523/,
Jan
24
Dec
39
Jan
.
18% Jan
115
Jan
3
53Va
Dec
9
20
115
Jun
Feb
107 %
Apr
30
Feb
38% Feb
22% Mar 21
,27
99%
•
26% Aug 20
6% Jun
1
2
Jan
6
6
13% May 26
111% Feb 27
No par
B,——_____—
168
103A
5
37% Aug 27
Jan
9% July
16% Aug
115
Oct
400
uNo
par
Jan
2
133/4
Jan
Household Finance,,—*,,44No
par
30% Apr
29
44
Jan
20
36
Dec
64
Jan
100
96
1
VA Apr ?4
105
Jan
26
100
Aug
111
Jan
3% Jan
14
2%
Dec
5
.July
3434 Feb
3
26 Va
Apr
Aug 24
A
Deo
%
Jan
43/a Aug 28
21
Feb
6
1%
Dec
3%
Jan
100
*32%
33%
Class
3,700
37%
106%
37%
*104
3
*32%
5
Houdaille-Hershey cl A
t
Jan
65%
x
Sep
96
Dec
150
May 21
July 9
Sep
VA
Dec
2
Jan
44
Mar 11
..
200
28
3% Jan
06
102% Jan
Mar 21
(A),
Feb
50 Va
Deo
3/4 Feb 24
132
5
1 Va
Mar 13
11
Hollander & Sons
5,000
9
30% Mar
Holly Sugar Corp
No par
7 % preferred
100
Homestake Mining——.,—..^—12.50
10%
Feb
14% Jan
200
38
12
6
July 13
72
',12%
700
10%
158
10
(Del),,,,
6%
*37
9
28
_1
The,
14%
30 Va
58
Apr 27
—No par
6%
30
4
May
125
14%
30
37%
(C E)
Furnace
Dec
51
,'Hinde & Dauch Paper Co——10
*111%
29 Va
3
13%
Jun
5
par
—No par
preferred,
conv
*12 Va
10 Va
*32%
$4
76
19
141% Apr
10% Apr
par
,No
19
6% Feb
100
preferred
Hershey Chocolate
13%
6 %
——No
i% Jan
93% Jan
2
45
100
—4,
Motors,'
4
24
4% May
■
25
cum
15
105 Va
33
6%
25
*37%
3
34
3
:
100
14%
W)—
Hercules Powder—
•
100
♦103%
105
33%
34%
40
89
38
10
37%
105
*35%
*85
1
(G
% Jun
79% Apr
4
25
Hercules
60
40
__2
Co
Preferred
100
130
;
Glass
Products Corp
Helme
'
130
29%
*36
Hazel-Atlas
Hecker
1,000
*111%
283/4
10%
10%;
105
3%
*2%
*32
10%
♦103%
37%
*37%
*103
*36%
38
10%
30
r
60
*6%
'
11%
11%
*59
*14%
,
10
85
25
*111%
29%
31%
*35 Vu
85
'
*ui%
700
130%
*36%
36%
53
53
60
*130
*85
36%
1,700
154
Hayes Mfg Corp
200
5
*149%
11%
2,700
92
4%
154
*11 Va
130
*90
54
*149%
11%
*129
1 Va
5
59%
59%
129
90%
5
154
*11 Va
59%
129
90 %
5'/a
56
*149%
11%
*59%
59%
1
91
*5
56
*145
60'A
1 Va
91
92%
5
5%
*53
*11%
1 Va
t
5%
preferred—
.—
Houston Oil of Texas
8%
,
t c—25
v
Howe Sound Co„
__5
10% Jan
May
29% May
2
29
7%
,
Dec
37%
Jan
"
'
1
'
_
*%
1
*%
1
*4
*3%
4%
4%
4%
18%
18%
♦18%
18%
4%
4 3 ii
4%
4%
%
ti
lit
%
%
%
7%
'
7%
7%
37%
3%
*3%
11%
*11%
12%
4%
18%
18%
18%
18%
18%
18%
18%
900
4%
4 Va
4%
4%
4Va
4 Va
4 Va
4,000
ii
'A..; *%
%•
7%
*16%
6%
17
7%
23%
*23%
16%
16%
37%
36%
37
3%
*3%
3%
3%
12%
*84
*84
85%
*11%
*61%
62%
84
10%
10%
12%
11%
8 3/4
8 %
9%
9%
23%
233/4
*23%
23 Va
*23%
83 Va
10%
83%
84%
*155
*11
11%
61 Va
61%
10%
10%
10%
Hud Bay Min & Sm Ltd,,,—No
Hudson
.
84%
•Illinois
Leased
f
50
5,900
24
500
10%
10%
10%
5%
5%
*5%
6 Va
*5%
6 Va
*5%
6Va
*19%
20%
*19%
20%
20%
20 %
*20%
20%
20%
20%
*100%
103%
*100%
103%
*100%
7%
7%
7%
7%
104
*7
*100 Va
7%
104
7
6%
*5%
6 Va
20%
..-6 3/4
V
4
48
6%
138
163
6
6 Va
*137
138
46%
48%
48
163
6
140
♦162
48
*162
6%
6
*137
47%
46%
6
137%
46%
162%
162%
1623/4
1623/4
11
11
n
ii
*7%
47%
ii
8%
46%
*7%
I
8%
&
*162
162%
*162 V4
163
%
/
8
.
"
¥
8%
7%
7%
7%
7%
7%
47%
47%
47 Va
47%
47%
*2%
2%
2%
2%
2%
7%
,
7%
*46%
2%
27
27%
27 %
*132
135
9
9
9
v
48%
47%
47%
2%
2%
2 Va
44%
43%
43%
*2
*43%
par
74
100
153
May
July
par
54
—No
preferred—,—,,—,
Steel
Co—
—No
200
——No
4
•
*30%
2
27
27
*132
2
27%
83/4
••
11,800
j
X26
46%
1%
42
400
1%
-
*41
46%
5%
conv
./
24 Va
Apr
29
3
Aug 28
13% Mar 25
5%
200
International
26
105
*102
*102
105
105'
1
2%
2%
2%
2%
2%
2%
*2%
2%
*2%
8%
7%
*7%
8%
*73/4
8%
*7%
8
*7%.
8
1
2%
7%'
9
*8%
27%
*88
92%
*88
9
*132
7
7
7%
24
23%
24%
*92%
*92%
98
57% ' 57%
57
27%
*132
*7
24%
98
'
9
*26%
27%
*26%
*132
130
*126
130
►126
20
20
20
'V. 57
*126
;
'19%
20%
56
:
"■
7
69%
*68
*8
8%
8
98
57 Va
130
19%
*9%
9%
56
56
*68
69
9%
8
'
*88%
92
8%
*8%
9
*26 %
27%
•
*63/4
*26 Va
*88%
•"
27%
*26%
*132
7
*8 Va
,
27
160
>4
23
23%
*92%
57
/
98
57 Va
23%
23%
.*92%
98
7%
57
*23
300
23%
*92%
98-
$6
Jewel Tea
■i
57%
57%
57%
2,200
126%
126%
126 Va
126%
19%
19%
19%
*19%
1934
3,000
*55%
56
55%
56
:
68
67%
67%
*67 Va
8%
*7%
8
9%
*9%
9%
% 400
5 Va
"5%
9,200
22%
22%
130
19 Va
68
8%
*8
9%
*9%
8%
*8
56
56/
200
4
par
Co—
No par
'
Jan
Jan
57
July
170 /
Jun
pref series B
conv.
Co——
*
Jan
Apr
l3/4
Deo
Va Jan
13% Nov
Z •" 2
h,
3
Jan
•—
31
—.
4
July
283/4 Feb
135
4
23
Dec
July 16
125
153/4 Jan
313/,
131
Jan
10%
Feb
20
Sep
51%
603/e Jan
6
Feb
May 20
39
Jan
20
73%
Jun
2%
Sep
48%
Oct
26
5
Dec
1 Va Apr
32% May
38% Feb
13
32
31% Jan
49
May
25%
Oct
•
Feb
49
Oct
104
V Oct
1
104
Aug 20
95
Jan
2
3
May 19
3-%
3 Va Jun
4
v
1%
;:,%1%
Dec
2:.
Dec
3%
9% Jan
2
5%
Feb
Jan
6% Jun
29
17
95
29
9% July 30
32 3/a Jan
6
Apr
18
2
Jan
12
132
Jan
8
Mar
87
*
2
Feb
124
Deo
Dec
Dec
> 111%
4
49%
Dec
71%
'
16
243/4 Jan
3
16%
61
May 20
7% Aug 13
134% Aug
5%
■17% May 20
.:543/4 May
1
100
Aug
107%
•
Xl26% Jun
,',1
Sep
Aug
333/4
Dec
9%
V31%
33% Jan / 5
5
107% Jan
122
Sep
Sep
Sep
98
*
Mar
9
Jan
14
Feb
7
26%
20
62% Mar
Sep
May
5
5
:
May
1% Jan
122
100
—
1,.
6 Va
48% Feb
May44
50% May 15
100
pref series A,r__,.
Mfg
9
14
<•85
,L,No par
—
5%
Joy
Dec
7% July 13
26
18% May 15
.,—100
5%
,
i
150
30
5% Jan
1
—
Jones & Laughlin Steel— ,—No par
100
Dec
47% Aug 21
23/a Jan
May
127
,1
Preferred
500
68'4
8
Dec
463/4 Jan
243% Apr 29
Co Inc.,——
4'4Vf preferred—
Johns Manville
20
►126
No
preferred,—,—
Jarvls (W B)
<
900
42VJt
Va
88% Apr
7% Apr
4
Island Creek Coal—
'
Jan
2
V
100
—
Intertype Corp,J—
«
*6%
7%
••
Sep
Sep
113%
Feb
19
11
94
100
No par
—No par
Dept Stores,,—No par^
Preferred
V
■••••■?'
9'
preferred
Interstate
9234
*132
*6%
7%
Telep &;Teleg,
Foreign share ctfs,,
200
vv
3%
9
July
V ■' % Jan
12% Jan
Mar
39'
.—No par
Silver,—,j50
flnfcern'l
400
'
23%
56
*55%
*68
92a%
8%
*132
69
♦55%
*88
92%
*8ys
,
■
6,600
•
.
9
Jun
;41
preferred,—,100
International Salt—L_——No par
36
2%
1
46
*32%
*102
-V
10
8% July
34%
*2%
92%
Apr
126% Jan
Paper Co
15
preferred,,,———100
34Va
105
166
6
1% Apr 25
35
2%
57
4!
—1,,1
*32
*102%
52
3% May 29
38
26
2%
7
4
International Shoe,,,
2%
*92%
<•
5
.——LOO
100
2%
♦23%
May
8
24
% July 27
5% May 25
309
2%
*26%
147
42
2%
July
4
28%
105
107
Feb
*39
2%
3
'
11 Va
*28%
*2%
111% Feb
27
167%
42
2%
Dec
Dec
283/a
*102%
105
19
May
*39
,
27
6
*28%
<•'
23% Jan
140
42
34%
7%
5
28%
■
Feb
14
*39 '
*32
6
Jan
*28%
34%
Jan
5
10% Jan
41%
....
Jan
13%
151% Jan
28%
"
Jan
90%
Dec
5% Apr 29
5% May 20
»Inter Rys of Cent Am,,——No par
•
161
Sep
Dec
8 Ve
1097/a Mar 16
41%
2%
*8%
21
*28%
2%
*88
100 34 Aug
41%
2%
*7%
6
28%
34%
34%
"
Aug
Apr
240
-
6% Feb
■40
700
41
21
par
Jan
29% July
111% Jan
63
Ii 19
21%
r 9% July
203% May
85% Dec
25
154
5% Apr
Dec
Feb
14
International
-2,900
2
*1%
5
123/a Jan
••
Int Nickel of Canada,——No par
Preferred ___,L—
l—100
*
Dec
13%
\
May 20
> 8%
par
;,
preferred
Internat'l Mining Corp
r
5,400
2
10% Aug
Aug
■
4%
/
V
'f.
8%
41
42%
;A-
26%
135'
46
2
*1%
.
42%
%
8%
45% May
43/4 Aug
8
100
ir.
24
4
par
Internet Min & Chem
i
2%
8%
46 Va
2,000
400
*132
135
8%
47%
47
43%
42%
•
8%
1,100
•-
47%
*2%
2%
2%
7%
Preferred
Dec
Dec
12
No par
Harvester,
157
Jan
Dec
Jan
Apr
Jan
3%
4%
Jan
1
Machines,—„No
100
Sep
4%
11%
74% Feb
••
1t* ;
•;
./ '..l-A'-, •
i
<Int Hydro-Elec Sys class A
—25
i Int Mercantile Marine,,—
No par
1,400
7% i%;
Business
/Internat'l
47%
:
Int
1
3
Feb
V
•
31
•
24
28%
28%
28%
132
2%
73%
*7
7%
47%
par
*40%
42
*40%
*102%
47%
48%
♦
8%
-
7%
*47
135
26%
27%
8%
'•
-,7%'
7%
7%
47%
2%
135
*132
/
'
*48%
27
27%
*132
135
9
7%
7
*47 v
hi
S3
/:
28
27
No
Interlake Iron,,,,,,
•
:
3% Jan
/.
Apr 24
rlntercont'l Rubber,
4,700
^
27
Mar 25
21
Rayon,,,,,,,,
Corp,,,,'
No par
6 %. preferred—,—100
f
.700
/
27
21%
Dec
V* Nov
4
Interchemical
i
2,900
47%
46%
Jan
42
2%
7
Insuranshares Ctfs Inc
800"
5%
2
Inspiration Cons Copper——20
300
138
2 % Jan
ctfs series A——,,1000
Ingersoll-Rand———
100
...'A
7
5%
139
8
183/4 Jan
2
May 13
93/4 Feb
104
6%
6
139
'■ 139
32V4 Jan
153/4 May
2
13
2
13
100
*
6%
138%
6%
138
5% Jan
4
100
4
4% Apr
1% Apr
,2
2
163/a Feb
«Inland
2,100
20%
*100 Va
104
*100%
7
V
17
& Jan
10% Apr 24
63/a Jun
2
6%
■
2
1
TOO
Co,.—
Jan
16% Apr
3 Ve Jan
par
.1
,2
Industrial
700
60% /
10% :
RR
-
Indianapolis P & L Co—No par
Refining—,,.
—10
"
6%
lines
2
Indian
300
83%
60 Va
3/a Jan
—1.N0 par
;
preferred series A—
RR See
400
9%
83%
63%
*5%
Central
6 7o
*155
*60
Motor Car
JHupp Motor Car Corp—
.
190
11%
100
preferred—.100
"
*155
62%
io%;
:
Manhattan
&
400
,
3 3A
*3%
7%
84
*61%
,
3%
5%
3,000
17
37
*11%
*155
63
%
10%
7%
'
*36
24
*23%
85%
62
7
300
6,300
*16%
'
8
8
*155
*155
'•v.
7Va
163/a
*363%
3 %'
23%
23%
7%
.i
163/a
37%
37%
8
4%
ti
'
7%
8
8
4%
*3%
3%
11%
4%
4 Hudson
1,000
4%
7'/a
37%
*3%
1
18%
7%
36%
37%
*4
1
*4%
Ti
17%
37%
*17
V
1
n
14
Nov
Jan
44
-
Jan
128
Dec
Dec
Sep
Feb
6
59
Oct
79% Jan
3
64 %
Dec
27% July
67
Aug
86% July
Jan
20
8%
Deo
14
Sep
12%
Jan
64
11
Jan
K
25
*6%
*88
8%
~5%
24%
25
7%
8%
*5%
31
5%
5%
24%
*6%
23%
*6%
7%
90
*88
*8%
100
*11%
*122
5%
90
*93 Va
►102%
*9%
♦122
►122
5%
9%
*88
8%
*94%
12
*11%
12
6
*5%
8%
100
6
31
30%
5%
24%
7%
90
♦122
5
*22%
*6%
*88
8%
8%
9%
►122
5%
23%
23
7%
90
8%
1
5%
23%
6%
*88
31%
*6%
6%
89
89
*8%
8%
8%
100
*94%
100
*95 lA
102
*11%
12
*113/4
12
*11%
12
6
*5%
6%
6 Va
►102Va
103%
►102%
6
►102% 103%
30%
30%
30
*95 %
12
6 Va
6%
103
►102%
30
900
7%
89
30
8%
12
•'
V
X29%
14%
*14%
14%
*14%
14%
Xl4 Va
14%
14 %
*25%
27%
253/4
253/4
*25%
27%
*25%
27%
*1%
*31%
19 %
*
2 Va
19%
19%
3
22%
26%
*1%
19%
*2 Va
22%
26%
2
32%
3
*31%
19%
*2%
2
*1%
32%
*313/4
19%
*19%
3
*2 Va
2
*1%
32%
*313/4
19%
*19
3
.
*2%,
22%
,
22%
22%
22%
22%
22%
22%
26 Va
26%
26%
26%
26%
26%
*26%
2
*1%
32%
32
19 Va
19%
*2 Va
3
23
23
*26%
26%
♦12
12%
*12
12%
12 Va
11%
12
11%
11%
33%
113'4
*31%
*31%
32%
31%
32%
*31%
32%
31%
15%
31%
*30%
15%
15%
16%
16%
15%
16 %
15%
15%
*10%
10%
10
10%
10%
16%
10%
*23
24
*18%
19%
>106
*2%
*
1 Va
15
*21
*13%
107
3%
%
*12
10
10%
24
*23
23%
22%
23
19 Va
19%
*18%
19%
19%
19%
106%
106%
105%
*22%
*2%
3
*23/4
107
107
3%
*2%
*
9
3%
10%
23%
19%
*105%
107
Va
233:v
*18%
108 Va
15%
*2%
3
*9%
,
■:
100
•.
10
19'38
1,300
3
23
1,900
800
26%
50
11%
35
.
15%
30
3,400
•
10%
19 %
600
•
.
,
300
200
1
*105%
108%
20
2%
2%
100
—__1
t
Kimberly-Clark———j
—No
par
Kinney (G R) Col
i
$5 prior preferred,—^—__No par
< Kresge
(S S) Co—
10
■Kresge Dept Stores—.,1
/Kress (S H) & Co—
—No par
Kroger .Grocery & Bak,
No par
Lt
Laclede Gas
5%
Lane
'Lee
_
1 Va
1%
1%
1 Va
1%
*1%
1%
1 %
1%
500
*14%
14%
14%
14%
14%
14%
14%
14%
1,200
21%
21%
21%
21%
21
21%
21%
21 Vt
203i
20%
1,200
Lehman
14%
14
14
14 %
22
*21%
14%
14
*14
14
14 »4
*14
22
22
21%
21
25%
25%
253/i
26%
25V4
25V4
25%
26%
X25%
4%
4%
4%
4%
4%
4%
4%
4%
4%
43/8
footnotes
*21%
see
page
759.
Va
*21
22
21%
14%
21%
26
4%
.
300
400
3.600
5,000
May 26
6
85
s
Apr
17
"■ May 18
Jan
7
93 %
7
July 23
10% Apr
24
43/0 Jan
9
100,
May
26% Jun
6
2
11% Apr
9
24% Jun 25
13/4 Jan
' Aug 21
11% Feb
5
13
104 %
Jan
Dec
9
Aug
Dec
121%
Apr
Jan
95
93/4
Dec
Dec
105% Jan 20
98 Va
Feb
37% Jan
Jan-
3
1
•
,
'
18
8%
106
30 3/a
3
14% Aug 21
29
Dec
11%
Dec
<
25
Dec
*
:v
393/4 July
143/a July
38
Jan
2% Feb
5
1%
Dec
3% July
5
23 Va
Feb
17
Mar 31
22% Jan
9
40% July
26% Sep
2% Jun
19% May
par
par
5
15% Apr
15
7
2
8% Mar 17
15
18% May 29
3% Jan 23
27
Jan
2
5
21
Dec
2%
X22 Va
24
Feb
Mar
53/4
,
5%
Feb
Sep
283/g Aug
*
Feb
29%
17%
Jan
Sep
17%
Jan
45% July
10%
Dec
14%
7
Jan
13
Sep
Aug
23% Aug 27
14%
Dec
273/4 July
23 % Jan
9
19 Va
Apr
263/4
Oct
Aug
4
113
Jan
16
107%
Dec
116 Va
Jan
2 3/a Jun
2
4
Jan
26
1%
Jan
5%
Aug
1% Jan
July
104
20
%
Feb
2 %
8% Jan
7
15% Aug 18
2%
Feb
143/4
173/4 Apr
17
% May 25
par
50
Jan
Mar
40% Feb
13
May 8
39% May 8
16% Aug 24
10 3/4 Aug 24
—No
Aug
5
24
50
Mar
%
4Va
29
\100
143/4
7
7% Apr
_
22
Dec
6
May 19
Apr
Aug
3/4. Aug
Dec
100
,
12% Mar 16
7 %
6
9%
8% Aug 22100
121% Mar
:
13%
25
100% Jan
V
Dec
Aug 13
21% Apr
11% Jan
—,25
2
5% Aug 24
32
—No
14%
26%
16
:
2
Louis,—100
Portland Cement,.
conv preferred
1 Va
Va'-'
Deo
Jun
"....„No
(The),.
14%
21
4%
xll6%
2% Jan
100
Co St
15
1%
9
3
Feb
5
29% Jan
Bryant
4%
93/4 July
120% Mar
?
29
Rubber & Tire—
Lehigh
10
117 .'Mar 17
22 Va Apr
preferred,/.
Lambert Co
tLehigh Valley RR_
Lehigh Valley Coal
6 % conv preferred
22
For
2
32
24
26
4%
100
*19
B—__i
:
100
—
Kennecott Copper,.i._,z——No par
Keystone Steel & W Co
.'—No par
700
:
*23%
—1
Kayser (J) & Co_„
__5
Keith-Albee-Orpheum preferred_100
Kelsey Hayes Wh'l conv cl A
,1
Class
11,400
14%
27%
Kaufmann Dept Stores,—
5% -conv preferred
Kendall Co $5 pt pfd A^—LNo
par
30%
30%
14%
1%
500
103
*25%
32%
>
300
6 Va
14%
1%
•
•
27%
*
10
Kan City P & L pf ser B—'.No
par
Kansas City Southern,—No
par
4 % • preferred—100
■'
4 700
102
*25%
30%
100
■
'
*14%
♦31%
Kalamazoo Stove & Furn
j
*122
4%
*94%
*102%' 103%
103%
A-;
9%
Xl9
Dec
24%
Sep
113/g Apr
24
21% Aug 19
14 Va Aug 25
113/a
Dec
14 %
Corp,,
18
Apr
29
22
Jun
8
18%
Dec
27%
Sep
..-No par
Libbey Owens Ford G1
7
Libby McNeill & Libby—.
20
Va Jan
5
26 Va
July
6
19%
Dec
453/8
jan
20
3%
Dec
7%
Jan
Corp
(The)
Lehn & Fink Prod Corp
Lerner
Stores
"III—,5
4
Mar
12
5% Jan
Sept
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
.Volume
LOW AND HIGH SALE
PRICES
STOCKS
Range Since January 1
'
Saturday
Monday
Tuesday
Aug. 22
Aug. 24
Aug. 25
Aug. 26
$ per share
$ per share
( per share
$
>
per-share
Wednesday
Thursday
30
*283/4
*59
593/4
*59
*61
613/8
303A
61
*28%
30%
*28%
30%;
593/4
*28%
*59
593A
*59
59%
60
603/+
61
61
61
*172'/a
174%
*172'%
22%"
22%
22%
*22'/a
22%
*22 Va
26%
26%
26%
*25%
26
25 V*
32%
*10%
11
*13
13% V
174%
25%
174%
*172%
•
..*22 % .22%
Y.'
*22'A
25%
;
32%
32
11
11
11 Vb
11%
133/4
133/4
133/4
133/4
•133/4
17%
17%
17%
17%
17%
173/b-;
42%
43%
42 VB
42%
42
42%
353/a
■353/8
35%.
35%
Y *32 VB
■?
32%
32%
32%
11
i
,-■11%
17%
173/4
18
43%
43 %
43%
*35%
35%
17%
43%
A
•
*35
*35%
3%
.,;.•
3 3/+
>,
*17%
'•:
•
.
18
,
.15
18
18
*14%
V„
.61
•>
,•
■
353/8
•;
*17%
'•r
14%
143/4
*60 '
32% Y
!
USA,
Y
14%,.
*17
18
•60'%
*60,
>
.18%,.
.14% ..15
■■•'.
->
14%
vvl4
.•
60 Vz
•
;
60
0:14
.
v•••>'. :
; *124
,'•
* 10
130 Y
*29
,
11
,23%
•;•
53/B
;
*1%
1%
3 ;.
'
'
'
;
Vz 'i, 60 Vz A
19%
193/4
193/4
193.4
10%
10%
23%
23%
.■
3%
53/8
*5%
13%
13'A
Y-Y 1%
1%
*1%
1%
1%
*1%
3 Y:
9'A-
>•.:
9%
#.V' 9%
,20%
20%
;V* 20%
W* 3%
3%
*3%
f
*26
26%
i,
*20%
22
-
22%
*26
26%
21%
U653A 169
2%
9%
♦9'A
20%
25%
A
t
*25%
169
169
25% May 21'
2
9% Jan
Jan
21
x29
11% Aug 28
3
15»/2 Jan
13
Belt
Co—,—
:
.
.3%
.
3%
26 :y
*165%
22
.«
169
Jan
37%
Jan
May
6
19%
45% Aug
1
28
Lone
31%
Jun
16
42% Jan
28
35
4'A Jan
24
Star
Cement
Corp__i._No
par
Long Bell Lumber A__„_i__No, par
Biscuit
Loose-Wiles
Lorillard
■7%
(P)
V
6%
f-'•' .'•'•■
•
!
11% Ape
preferred
._100
.a—_«
Trucks Inc___
par
Co Inc———A—No
Madison Sq Garden
„_iVo
.2
13% July
16%
Jan
Apr
31%
Sep
May
39%
1
Apr
Jan
12%
Dec
33/4
8
15
'
60
-
Feb
23 Va Jan
Sep
19%
Jan
162
Dec
26
i
Dec
19
142%' Dec
Jan
•76%
Oct
45% July
Dec
13%
6
30
Jan
'
18'A Jan
9
Jun
Jan
22
Sep
74%
Nov
31%
Jan
•
Magma
;;
Manati
Sugar .Co—„—j
Mandel
Bros—
r
Manhattan Shirt—
Copper
'
19
27
X32
'
Dec
2
23%
Apr
353/4
17%
Dec
29%
Sep
Aug
*
Dec
138
Jan
Dec
17.'A Apr 30
10 Vb Aug 25
10
21% Jan
5
43% Jan
22
11
Feb
14%
20
a
_1
No
12
Jan
3534 Jan
131
Apr 27
27% Aug
3 /
27% Jan
28
19%
Dec
31
Jan
30
4%
Feb
43'8
Dec
6'A Jan
15
5%
Dec
73A
Aug
16% Jan 26
12%
Apr
16%
Sep
%
Jan
2%
Dec
5%
Jan
33/8
Dec
ll'A
Jan
> Dec
par
—
•
124
;
par
100
149
Dec
Apr
1%
16% July 29
„
i*'vj
'■ • t •'•'•
10
15 % Apr
1:
-r•-
Forbes—'
&;
183/4 Feb
13
29
Mar 30
\58
100
?.
<
,
9%
;
V-i
v•
Nq par
Nashville
27
Mar
128
-100
Louisville Gas & El A—;
MacAndrews
15
11% Apr
__^__10
'
1
27/a Mar
..__25
Co
preferred
.Louisville &
100
200
Maracaibo Oil
2,000 i
....
Marine
■
Market St Ry
Marshall
6,800 i
••
Martin
■
400
26
;
A
,4
May
4
2% May 22
'
par
25
5
May
4%
>
2
11% May 18
A
July
7%
.1
Corp
^^i.__No
No; par
*
1
T
Co—
Wks
preferred-
No
5
:
.
11
1% May
Sep
6
x20%
Dec
32%
Sep
6% Jan
;>
1778
26% Jan
6
33/4'
Dec
12%
Jan
28%
Jan
;
22% May
1
27% Feb
16
'
20
6
24% Jan
29% Jan
6
21%
6
24% May
Mar
19 Va July 28
par
100
—
31
IOV4 Aug 28
7
12% Jan
17
17'AMay20
3% May 15
■
3% Jan
■
.2
8 Vu Apr
'
par
4
4% Jan
•'
1% Jan
'
2% Jun
t
{
par i'
Co
Alkali
Malhieson
169
L)
-% Mar 27
——5
—■
Co_„—L— No
Corp
Elec
Master
1,700
—1
preferred—100
pr
&
(Glenn
Masonite
t
100
22
Corp
6%
Field
Martin-Parry
700
20 %
.
Exploration
Midland
4,540
2,100 /
20% i-
*165%
.'••».•
30
24% Jan
300 ,■■■:
'9%:
*19%.
22
Deo
2
300
3
26 '-"
A
20%
22
Jun
x20%
Jan
11% May
200 y
10% V
.
•
■A *3% =
26 Y/ j
*19%
21
"
20%
A
'
189
Dec
14% May 20
;___!Vo par
___No
2%(
34
>
Jun
17%
37
•••;
5%**.
Jan
.
•(
••'1%-.
;-'••* 9%
20%
Jan
No par
100.
13% C
9%
5
9 %'»
174
Macy (R H)
*2%
9%r
-■;•.■
20%
,
169
*165%
2%
v:,': 9%
Jan
6
175
Liquid Carbonic Corp___^__„No par
Lockheed Aircraft Corp_;
_;__„1
Loew's Inc
J
No par
2,600
•,..
*1%
Jan
98
4
Mack
>
1%
22 %
*165%
*2%
;
'A 5%
* 1 'A
&C 9%
20%
22%
:
53/'a '
Jan
96%
Nov
Va
Lion Oil Refining Co_,
500
22%
.
.
39
Dec
64
32% Feb
1,200 £ '
*12%-
t26%.
*19%.
22%
2%
5 %
A 2%
v
3%
20%
*21;
Nov
64%
23
800
;
.'/•"■
•10%
13%
■i.
20%
3%
22%
-
•10%
32 Vb
:5
22% Jun
20
*19%,
-
,3
12
74% Jan
No par
28 %»
a
*12'A
9%
22%
-
'*
Y 28-'
10%
,:*2%
2%
••■!'■
20
3%
26
2%
*19%
22%
*165%
Y
<.
Y;9 Y ■■K 9JA
9%
9
.;
20% '.20%
22 %
•
3
Y'Y 2%
2%
\-i 9%
*2%
Y.*21
5%
13%
.Y:. 9»A
3%
v
12 %
.2%
*5%
9%
20%
22%
*13'A
-20
130
Jan
73% Jan
29
"
80.
: 17
♦124
28'A
v?
♦10%
10%,,
v
2%
5%
9%
*20'A
*10
A. 17
.r
130
* 124.
..*28'A
13%iv
2VB
3
'
9'A
.
Y 9%-
•,:
23%
*13%
Y
130
18
v
11
-'*5%
,
13%
*124
v
,U':; /.':...♦ 17
28%
197/a
*23%
2% v.:
2 3/4 ;
*5%
*13%
130
■;
is
29
Y
29%
■
<
*17
v
29
'
: *10%
23%
*124
Y
19%
;
,
•
130
•'•■:■ 29
:•
,193/4
VB
.
*124
29%
193/4
f
*17
33
18
50 Va Apr
;
m
:•>
18
13
50% Apr
1_25
t
22 Va Aug 24
Link
Highest
1 per share
^-25
•
^
14
3,200
•
Year 1941
t per share
share
16
600:
^
.
Mar
per
16% Apr
•
*17
1
20
$
share
164% Apr
1,900,
/
:
Y,
5
per
Lowest
100
200,
138 A,"- 138% A: Y.
u:
S
Range for Previons
Lots
Highest
Lima Locomotive Wks
5,300
:
3s/af
15
v .
.35'A i
-.
100-Share
par
4,700
.*17%
;
' )
:
42%
of
No
1,200
173/4 (
^
Y .'3%
*138 "v* 142%
..*14.:.
*60
17%
••%.' Par
Preferred
900,
2,700
Basis
Lowest
f .•
Lily Tulip Cup Corp
1,000
11%:
./,:
,;
18%
14%
.....
Y
Series B
■i
'
3%
.*.17'%
15
142% vi
14
Y
61
is
;
3% i
•18% Y
15
♦138
14%/
•
,,;*34%
.
3%
i.
.;•'•■ 173/4
IS3/,
138
61 Vz v- •v;
Cl'A
3 Va
18%
14%
138
-
..
3%
338
,
138
,;,*137VB
,T4 ",■■••'
14
61
*35%
15 Va
-V, 143/4
>:
v
>.!]■
»" 138
Y
<
3% ■'':■•
3%
■
.
15%
138
-•:
-
"
•,
■
•
Liggett & Myers Tobacco_t._
u
100
Y
32%
•;.
•
On
.
;
'
,
■;. 133/4.
••'
j.
14
STOCK
pXCIlANGE
•
•
■
*13%
.
,
•
Life Savers Corp
26'A
42 Va
33%
103/4
.:, 13%
•
200
1,000
22% Y
2C>
:
,
593A,
61'At. :
11%,.
.ii *32
*32
*172%
,.
30'%
61%
,
■,
,
YORK
Shares
59%
•
60
NEW
the Week
s
share
*28%
59
CO
174%.'..
I per
■.
•
for
;
Aug. 28
Y.
.
30%
'59
25%
175
*172%
175
*22
V
,
share
*28 3/4
'
.122%
26 3/a
*172%
$ per
Sales
Friday
Aug. 27
162
Jan
46% Jan
May
171
13
,7
176
Apr 20
19
Dec
28
Sep
31%
Jun
Sep
176
Aug
■V'
38%
39
*1%.
14
87:,'!
*81%
*113 '8
-11%
*10%
"100
:.7l
*30%
12%
*6%
26%
♦25%
12%
12%
12%
*106%
108 %
*106%
5%
*5%
*27%
29
5%
*
■
110
*106%
>
5%
104
110
*5%
'
-
5%
*96'A
6%
5%
104:
6%
62 ,;?■
*58%
62
26%
5%
vi
26%
*
*65
62
,*17%
99
A
*25
5
*5
29%
27%
27%
5%
5%
5%
>/• 16%
15%
15%
15%
15%
*17%
18 %
*17%
18%
v;.*i7%
26%
.*96%
».
1
18%
100
100
,v»'42%
100
;
43%
*42%.
*106
107
*106
107
*106 Y
*107%
110
♦107%
*1%
♦1%
2
1%
%
,
U *58
11%
,11%
'
Y
%
: *15%
*117
..
•107%
••15%
,;79%,
'.«h *15%
V
79 .
116%
:
*117
1073/4
120
r'
•;
..30
A
26 %
29%
♦27%
29%
5%
5%
•
*17% i 17%
*17%
-
ll'A
60
11%
ll'A
A'"?
*8%
.11%
11%
100'/a
i
160
423A
'.A
'
-.2%
:
153A "
*15'A
Y;
%
/
2%
•
--2
59
*233/4
24
•••
,
ll'A
•
/
-ai%Y
24
153A
..*15 'A
,:;Y 78
:
•
*115%
116%
: A.•
*117
120
*117
120
107
107
*107
107% Y
7
29%
29%
37
36
36%
*33
17%
18'A
18
*54
•A-
56%
;•■
♦13%
*54
56 %
•
13%
■14%
18%
8%
Y? 8 %
12 VB
12%
23%
-
235/B
.
2%:.:;Y
2%
Y-:?*55"Y
-
13%
.
12
2%
Y*2%
2%
29?o
.
t
■
5 %
*33
■Y-.
.
5%
>
56%
•
*13%
,r
56
*54%
:
*54
5%
YYY5%
35
-
;?
'
8%
■J
30'A
,
«•
2%
5%
56-
18%
•'
'
*22 Vz
20 Vz
30
30 Va
.
22%
'
4
;
28
A;
17%
Y
$4.50
-
>
■
/..
V
35
55%
:/••' *5
.
15%
15%
22%
5%
.-•
•
YSY
300
43/4
*163/4
14%
■' Y'
4
4
7
7
7%
•-'/>/
15% "
7% Y?i
15
'
164
*158%
*13%
15%
••
*158%
Y
■
•
Power
.—50
No
*5%
15%
7'A
15
...
,
13% '
553/4.:
200 '
■
••V.Ac.:1.-Y'
;•;•:•
5%
^
5'/b.
2,000
88'A
35 V2
103%
xl07%
100
,20
*14%
*2%
,15%
'
>
;'Y
25%
25%
*14%
15 3/4
*3%
•
A
69
13%
25
*15
-
C 7
22'A
15%
16
4
7%
7 V: Y-
•
15 "Y
/
15
13%
Nabco
Nash
360
>
'
National
2,700
I ■Y.
<?
500
1,500
•"/::: 15
5,000-
National
:J5
.
161%. Y.: Y 161
14%
-
r
14%
/ *14'/a
<
Nat
800
:
A|;
*
4
'4%
4%
16%
17%
73/8
: 7%
7%
7%
": *7 %
--7%
15%
15%
15%
v' 15%
400
15%
.
:
-
•
171/8
17% v
5%
•
5%
*9%
/.-■
97/s
5%
,
5%
»9I/4
25
;-V 24%
15
*14 Vb
13%
■
5%
•9%
243A •?- /"•24%
-243/4
-.15
£■■-..f
4
3%
! 3%
65%
13
*14%
65%
13%
13%
•
*9%
67
4
*5B/a
9%
24%
*65%
WV;
4
13%
-/
^
15
4
•
V>5%'!'
Dec
38%
86
Dec
Nov
105%
Dec
~1%
Dec
125
45%
112
Jan
Jan
Jan
Oct
110% July 20
13
3% Jan
Mar
52
4
12 % Aug
17
67
% Jan
7
15% Aug
Va
1
12%
3
Jan
Dec
9%
26
2% Apr
4%
79% July
Feb
15%
Oct
Oct
1
July
Dec
3%
Aug
173/4
Aug
Dec
7
77
Feb
10
112
Mar
118%
Sep
115
May
1
119
Mar
16
115
Mar
,
123
Aug
110% Jan
-6
108% Jun
par
—1
No par
*—No~ par
No par
10
-No par
•
& Bro
&
._L__No
91
102% Apr 28
23% Apr 24
36
a
A
•;
'2V» Aug
50
Jan
HVaJan
A? 49
May
4% Jan
30% Jun
94
Sep
113%
Oct
4
24 Va
Dec
39%
Jan
35%
Dec
43 %
Jan
29% Mar 25
21 %
Dec
30% Aug
9.
Aug 19
12% Jan 30
5 %
Dec
12
Jan
9 %
Dec
17%
Jan
18% May
24 %
31% Jun
.
<
•25% Jan
5
2
7
6
2
2
.20
3% Jan
i 20% Aug 27
aa
>
42% Mar 12
>
Aug 26
.15% July 23
6V4 Jan
2
9% Apr 23
St.
1% Jan
20
Feb
4
63/
13/+
46
Feb
61%
Dec
4% July
74
153/4
July
Nov
Apr
74 Va
20
5% Jan
39% Feb
Dec
9% May
15% Aug
4
69% Jan a 6
.'
4
Dec
8%
Jan
7
34
Dec
51%
Jan
19%
Dec
"
2
__100
13% May 26
3
Sep
L__1
Nat
400 V'
'
5%^
65%
65%
•65%
13%
13%
13%
65%
13 %
Apr
'160
172
*160
172
'160
172
460%
172
*160%
•135%
136
136
136
'135%
138
435%
138
*135%
.15%
15%
15%
*
*31%,
32%
*31%
32%
*31 %
1%
*1%
1%
15
15 R/a
.
•
1%
•■
-
*14%
15%
32%
*31%
1%
15%
*14%
32%
••■'
*31%
32%
1%
1%
1%
48%
48%
% 48%
48%
48%
48%
*47%
48%
4%
4%
*4%
4%
4%
4%
4 Va
4%
1%
*10%
10%
10%
10%
*52
54%
*53%
54%
*57%
59
*57%
59
*10
53%
*57'A
10%
53%
59
*10'/a
10%
53%
53%
*55
59
^
43%
:
.•
4
..
1%
48%
4%
*14%
32
1%
4 'A
'2%
3
3
*2%
2%
7
6%
7
6%
6%
*6%
7%
7
7
7
*7%
7%
*7 Va
7 %
see
page
*2%
1
759.
„
preferred B
National
1,000
1,000
National
Steel
1,800 ••
National
Supply
10%
10%
10%-
300
$2
53%
53%
53%
53'%
500
5 % 7c
*58%
58%
59
59
20
2%
7
2%
*2%
7
*6%
7%
7%
'
3
100
7
•1,000
7'A
200
6%
conv
1
Corp
(The)
preferred
prior preferred
prior
preferred
Jan
7%
Jan
9
Jan
5 VB
Dec
6
63/4
Dec
11
Jan
19
133/4
Dec
18 %
Jan
166 % Jan
14
160% May
175 %
Jan
12%
Dec
17%
Jan
3%
Dec
9%
Apr
11
7% Jun
A
8% Jan
16
•
Feb
6
Jan
26
17 Va Aug
27
May 13
9% Jan
17
15
5%
Sep
143/a July
7%
Dec
11
Jan
15% Aug 25
30
Dec
12%
Jun
16 3/a
Sep
Dec
Feb
10 Ve
X
10
9
5% Aug 21
3%
8% May
1
9% Aug 21
7%
8
Sep
Sep
17% Apr
25% Aug 22
17
Apr
25%
14 Va Mar
•'
24
17
16% Apr
1
11
Dec
20%
Sep
28
4% Jan
3
3%
Dec
8%
Jan
5
58%
Dec
93%
Jan
3% Apr
Jan
11 % Apr
72
2
25
60
Mar
>
Dec
19 V*
Sep
16% Jan
12
12%
100
145
May
6
168
Jan
29
160%
Dec
176
Jan
129
Mar
17
146
Jan
7
138
Nov
154
Jan
Dec
24
Co_——_—•_•4
& Lt
National Power
233a
Dec
4% Jan
No par
St'l Cast Co—__No par
Oil Products
Dec
2%
2
12% Apr
No par
10
preferred A
Nat Mall. &
13%
—100
Co
C%
Sep
5
2
7
—_No par
23%
Jan
,_1
No par
preferred
Jan
3% Jan
11
?—1
16
5
May 1
May
12% Apr 23
—1C
Stamping—
Lead
300
'
100
—No par
Gypsum Co__
conv
National
*10%
*7%
&
100 t
-
—
Corp_No par
Register
7%
15
'•
3
1 $4.50
3,600 t
-
1%-,
>
Share
140
—
National
3,200 '
|
48% .'48%'-
4%
Cash
Nat Enam
15%
32
&
13
5% July
14%
9
Jan
4% Jun
24
5
6 % May
preferred
^^_10
>Nat Distillers Prod__J._—J—No par
3,900
138
*15%
preferred—
Bond
5% Jan
40
_^_5
.-10
Co
G-%
90
•
Biscuit
Corp—
Gas Co_
Nat Daily Products
'
National Dept Stores——I
900 '
•
*14%,; 15 • >
3% V: 37/a v
Aviation
National Cylinder
6,100
1
preferred—.—.
conv
Dec
Dec
5
% Feb
18
•
1%
3
x
6% Aug 22
24
16% May 27
1
Louis™
Co
3% July 14
6
3% Jan
par
——5
Corp
National Can Corp_
>
3,400
97a >' >9%';
V24%; 24% V
•
7%
? Nat
4% •;
% '
4%
163A
A
,
14%1
.
136
footnotes
17% July
34
18
107% Apr 24
Mar
17
14
Aug
Jan
13
Jan
Automotive Fibres Inc
6%
100
I"/:'
*14%
172
For
Jan
9%
117% Feb
of America
Acme
National
435%
7
37
Dec
8
_No par
Liquidating Co
Chatt
7% f'
•/'
k160
"6%
Dec
43,8
May 15
—50
Nash-Kelvinator
24,200
-
170
>2%
Apr
24
•
May
preferred
7
7%
15
*159
163
7
7
7
7
4 7%
.15%
:"'
•■
153/4, ./•
15'A
4
68
13%
"
30%
-66
Corp
—— 5
Brass Co__———————1
4 Vb
16%
;
*14%
25%
G8
,'4
*68
Feb
N
500^
;
;
15%
*4
4%
*4
Y'
6
21%
■•
1
'
3
5%
,
*4%
163A
*7%
•'
9%
.*9%
,:•.:•
Sep
14
Get
110
Essex
Myers (F E)
29%
33;
.•
Wheel
If®
44
Jan 19
May 19
4% May 21
,1
Dec
Feb
102% July 14
Apr 30
Jan
2
Aug
21%
.
u_—No
series B
Murray Corp
23'A Jan
71
6 Vb
14
16% Aug 18
.
July
Feb
16
7 Va Jan
Jan
82
May
15
30 Va Jan
Sep
9% July
3 Vb
.<
26% Mar 24
17
Dec
Sep
Nov
27 V*
2
29% Jan
110
>,_..No par
:
Munsingwear Inc
Murphy Co (G C)——•
'
35
*32%
$7
Apr
54
3
,
Dec
70% Mar
5% Mar .23
16% May 18
par
,100
Mullins Mfg Co class B—•
•'
109%
Dec
12 % Mar 12
Co—a—,—.40
400:
120 "
Apr
5
% Jan
2
1% Jan
2
12 V* Feb 27
Mueller
.
101%
7
Jan
7% May
8% Apr 28
900
56%
.
5
-100
Motor Products Corp_
r
5
108
AjA 57% Jun 26
Motor
13%
21%
14%
Y
4
V :•
*158»/z
4 3/4 '
*4 %
5% Y.
Y'5%
5%
9%
Nov
8%
21
Apr 15
24% Apr 28
par
No par
Mills,——
preferred,^
Preferred
Dec
Jan
No par
Chemical
53/4
Feb
———_10
Carpet
14
32
——No par
;
103
30
7% Jan
72
ImpJ—
Morris •&
'
*9%
15%
1083/« Jan
4'A Jan
2
22V* Jun 24
;
j_100
800 '
*54"%
/;
Y-
2 3/4'•'•.'•
21%
14%
*6%
14%
16%
Y,
7-% Y?
-■•'15'A
15%
,15%
4%
•'■;7%
•
Sep
9% Dec
.62% July 18
20 V2 Jun 27
Prod——No
1,250"
2%
Y/. 56 Vz'
5%
5%
,
22
*3%
164
*14%
17
YY 1G3A
7% x
*7%
14%
4%
-
17
37%
Mar .24
Petroleum,j——-10
1,100
t
87a}
'
•*4%
26'% Dec
16
77
5
223A
35
\
23'4
*20'A
143/4
:-
7%
Y.'Y 15
-14%
July
7
•
7
7%
*133A
Jan
9 Vb
Aug
preferred series CNo par
Montg Waid & Co Inc
No par
Morrell (J) & Co—-—No par
'
*32%
.
5%
5%
14%
7
7%
*158%
25 %
Dec
65
——5
Co—
12 VB
*113/4
,2%
14%-
*23/4
'
.
*21%
■••■:t:.
4
7%
164
109%
Dec
6
13% Aug 28
2
101
May 20
5'A Jun
1
$4
4,900
,
18%'
-
■.Y' *83A
-
JV:
57
*13%
5 Y:/'
5
*32%
,6
14%
4
73/8
*7
Feb
13%
28
34% Jun
May 11
9% Jari
'
v
*54'A
56
3
5%
„
22%
14%
14%
4
103%
Feb
6
Co„-
preferred
Monsanto
20 /
•
100
36 ■;.'■>
:«6%-Y
53 %
14'A
*54'A
Y *33
2'A
56%
*13%
..
..
35
4*2%
■
6%
6
23
♦14%
-
8
8
preferred series A—
A7%
800
.'
107% •107%;
,
8 3/4
';12 %
,*12%
21'A
23'AY
*2'A A 2%
5 '/a
*32%
2%
«2%
6%
20
3\
Apr
L—1
Mo-Kan-Texas RR
Y
;;;; :
*2%
6
Aug 20
108'/4 Jan
17
Aug
'
VV'.Y.'
•v
16
Jan
pfd series B
conv
MoJine
Mohawk
120
,
•38-—
83/+
"
12%
*55
14'A
,
5
i
35
*33%
'""•
Apr
Jan
14% May
Dec
No par
No par
1
s
Mission ,Corp—
500
117
*117
■
.
4%
$6.50
" 4,600
.;
78% Y
'*■'¥ Y-
•
.116%
.
►.
'
56
*54%
107
Dec
12%
6
A4% Vc preferred series C
16
*15'A
¥>/.•'> & 78>?
v,78
2%
2V2
-
'/•:
783/a
78
:
,
29% :Yr
/Y. 8%
.
•A
'
*2'A
Dec
8
94
8.% cum 1st.preferredj—
Minn-Honeywell Regu:
u
Minn
1,500"
3/4.'.
:r
~
-
'
116%
18%
v
Y/Y- 24
,
90
Jan
Apr
6
100
Copper
>
300'
1001;
'••;
■
59
'••••'/•
2%
A
50.
Y: Y-':
11%
hY
,,
/
20
2
Machine
Mid-Continent
1,500 v
-
conv
Midland Steel
104:,-)
A
>■
29%
18%
11% :/12.YY
•
Sep
2%
28
Jan
par
—
(The)
—
1st preferred
Miami
1,600*
v
107%.
*•••>
*115%
,*36%
*8%
9
.
6% Jaii
1
No
Mesta
.
*107
2
Y
100
■X-104
108%
*1%'
*58
100
it--A2
107 YO,.,
107
•
1%
60
2%
15%.
120
30%
'M
*103 ;'Y 105%
/
79
*117
37
Y:Y;:.3tv
-
14
100
Co
Merch & Min Trans
1,000.
f.
■
.'—18
preferred series A—.—
5%
30
1,000v
16
•
Inc
preferred
Mengel Co
■
37%
May 12
997/8 Aug 21
—5
a—
Robblns
Melville Shoe Corp_...
,
5%
•
-
$6
-,*17%"' 18 JA
<•42
*107%
•
V2
conv
600 U
29%;
5% '
:v *15
,
100%-
%
107%
•
116%
V--
41
*
18% V
*100
A
41%
• •••;*>
*27%
'
,
15%
106
-
2%
*115%
Y
100
♦58
3A
,2%
Y'
Y
107%
107%
30'A
30%
*37
563/4
28
14
10
—No par
$5.50 pfd ser B w w
600
'
*15%
•.*115%
120
-
Dec
11% Aug 24
2
6
,—100
Corp
f
5 Vmf
*25
;avi%
ll'/a
%
? 79%
15%
...
L-13
11% V
26%)
5 %
26
106
,
62
*26%
*25 <,:-
i
26
107%
60
lb
117
Dec
Dec
6
90% Jan
Jun
Mar
1
Stores
6%
1
25 %
41
1%
*58
2%
:
79%
79%
,•
*115%
60"
M
2%
-
,
.2%
■-
0
2%
.
11%
•:
1
15 3A
Mar
18
76
Co
preferred
Mead
700
*58%
,
1-25%
100 Y.
v
5 V*Vo
McLellan
66% "
5% 'A 5%
:
110
2
61
40 %
1% Aug 26
3
*'9
1
preferred
conv
McKesson &
1001
*65
■
26
♦27%
.
-
107
110
;
5
1
Mclntyre Porcupine Mines
2,300'
6%,
*25% ^
25%
42%
*1073/4
*58
6%
104 a
6%-
>
5%
15%
,>
*98
-
43
29
No par
Corp———
McGraw-Hill Pub Co
100
5%
26%:
-O
25%
*17%
99
:
preferred—'
McGraw Elec
1,000
13%
-
*5%
62
26%
■•;■,
5
-
r25%
18%
43
•
a..
*106%/ 108 %
66 %
*58%
26%
26%
-5%
-13
6%
%*65
66%
♦58%
■
•
26%
5
6%
26
5%"
16
Apr
1V» Jan
v13 Vz July
?
5%:/
104
*96%;
6%
26 %
•27%
V
cum
Stores
300
•
.7
32%
108%
a
*25
26 Y
Y
31
aa
par
McCrory Stores Corp_—
103
jv
32%
12%
27
*26%
•
*31
104
6%
66%
26%
.
*96%
6%
*65
5%
5%
16/
No
a—-Ja.
600
■
19%
1st
$6
McCall
400
i
r
rll
7
':•
'
.16
10
No par
—,
preferred
'
66%
26%
$3
■
30
11%
;•
-
:
*19%
7 -A?',
12%
*96%
26%
19%
*6%
*12%
Y
Maytag Co
100
87
"100
*19%
7
12%
5%
May Department Stores—
600
r
■
*58%
'
>26%
-11
A 103
*100
,
19%
"6%
*65
65
*5
*11
11
31%
*6%
66%
*58%
103
19%
13%
*82 /Y
/: Y
11% A
31%
i''-.'i"*5%
A.
,*26%
*100
A
,13%
87
•'
11%''
*10%
32%
6%
*65
1
12%
5%
500
1%/'
1%
; •>
-
•
*82
•
11%
11%
•Ac? *30%
*106 Va
104
39%
*39
*
1% ^;
14
32%
12%
*5%
.87
11'A
7
•
••
*13%
♦30%
110
*96'A
39
1%
14
;< *10%
19%
*6%
Y
38%
1%
.
*82
v
11%
19%
7
~
■
'
All
*100 Y 103
,1.
20
7
,
32%
*106 %
103
*19%
7
39
1%
*13%
86
;VY*U%
/11
11
*100
20
•"
7
11%
Y
n
103
*19%
*82
82%
n%
11
♦38%
1%
•'•14
*13%
82%
?
,
14
*13%
39%
*38%
*' :y 1%
1%
1%
v
"
•
38%
38%
Y
•
1%
*13%
_No par
?
„_25
Pa
—10
^^__40
100
:_100
13% July
29 % Apr
1% Apr
2
28
16
43% May 28
4
May 14
•
173/4 Mar 17
Jan
20
3 % Jan
5
35
14>/B
26
2%
Sep
Jtw„
Feb
36
Dec
Dec
7
Mar
68%
53 % Feb
5
42
Dec
6% Jan
18
4
Dec
8%
Feb
Jan
7% July
16'A
Nov
16% Feb
25
63
Feb
6
41
Feb
68
45% May 22
51
70
Feb
5
43
Feb
75 Va
Sep
Dec
5
Feb
9% Jun
10
May 19
Sep
»■
National Tea Co„;
No par
2%
6
2
6% Apr
28
6
8%
Dec
Oct
No par
9% Feb
11 Vb
Natomas
G3/4 Mar
7
7% Jun
4
6 %. Dec
9%
Apr
No par
Co„_
Nchl Corp
Mar 30
3% Jun
THE COMMERCIAL, & FINANCIAL. CHRONICLE
756
NEW YORK STOCK
LOW AND
Aug. 25
I per share
*14%
t
15 V2
*75
75%
*32 Vi
35 V2
108
share
per
15%
74%,
75
*74
74%
*74
*34
35%
34
"108
109
*108
24
24
24
23
8»/4
8
♦19%
100
*18%
100
*99
7%
18%"
99
27%
27%
*27%
27%
27%
27%
27%
9 y2
9%
9%
9%
9%
9%
9%
r
14
*13%
•;
13 %*'
*40%
431/4
43 y4
42
42%
41%
41%
40%
41% ;
*13%
14 y4
14%
141/4
14
14
13%
13%
5'/4
*4%
*4'A
51/4
*4%
*13v>
15
*13
*69
70
*69
69"%
*69
69%
*81%
90
*81%
90
*8H/4*
90.
-*8iy4
90
*31%
33%
33 %
33 %
'33y4
*33%
40
*%
%
%
%
%
2%
*
**
*32
%
2%
2Va
15
.
A
%
'A
%
*
*22%
22%
22%
22%
22
20
*19%
•156%
*19%
159%
•113
158
\
♦113
.7
7%
*113
113
-
113%
7%
46%
"7 %
7%
7%
7%
46%
*46 V*
46%
46%
*45%
46%
45%
11%
107/a
91%
6%
f
46%
6%
45%
11%
11%
91
*89%
45%
11
11
*89%
9iy2
*89%
6%
6%
6%
6%
11
"
22,100
New
York
108 %
109%
12
►108%
12
109%
12
11
*34%
36
•*35
6%
2,300
New
>:
35%
100
t
*1%
1%
1%
*26l/4
,
8%
26 '/4
>
*68
8%
-
25 Ve
4
7
72
*3 %
8%
25
4%
68
68
3%
:
4%
.7
*3%
7
15%
67%
*3
3%
7
Dec
15%
Jan
17'% Feb
6
10%
Dec
18%
Aug
25
Feb
47%
Aug
24%
Jan
140
♦137%
♦137%
*22%
24
>
*44%
•48
7>
*50
*7J/4
.
24
v
8%
>7:
50%
7%7
7+5
^
12
7%
/•■:
5%
*19
5 7
*20
20%
12
138%
*23%
25 7
'
48
48
i*44%
50%
49%
7%
•
20
100
-
1,000
>7%!
7%
*46
<
7,600
y4
>*89 %7
6
12
8%
Jan
23
4
V* May
8
5
8
Apr
18
Oct
6
106%
Dec
112
Jan
Feb
38
110
Jun
115
Feb
42%
Deo
60
A
Jan
ft
/ft
Jan
1%
Feb
%
Jan
35
Sep
32%
Jan
May 25
*108%
109%
61,'May 22
15% Feb
110
Feb
50
preferred
80
109
30
h 5%%
7
1577
May 20
*1%
-U%i
t
*26%,
8%
8%
8%
:
r
24%1
68%'
7
*3 Va
'
3%
•3%i
>
200
*
No par
No
Oliver Farm
8%
-
>
115
(The)..!/!
par
preferred A
16
5
-
Apr
53
Jan
:
Feb
-
*23
>7
•
5%
7% 7
12
i"
Jan
12
19%
12%
12%
*16%
17%
7 *16%
17%
*16%
17%
*16%
18%
18%
18%
18 Va
18%
18%
is y4
27
26%
26%
*26%
27
26%
26%
*26%
15%
I
7
:/:
:
15%
•15%
16%
*15%
16%
82%
82%
*81%
82%
82%
82%
•
*140
143 %
2
2
>
143%
2
*140
2
6%
6%
6%
2%
2%
2%
2%
*6%
2%
2%
19%
19 %
*6%
7%
1%
1%
*28%
*93
18%
19 %
Jan
7%
*6%
1%
29%
*28%
100
*90
1%>
1%
30
1%
*28%
100
t
V
Feb
>:■
119%
Oct
17%
Jan
58% Jan
Dec i
■
38
Mar;
16
16%
16
16%
119%
*115
118%
*15
16
*15
1 VB
Vl%
*23%
14%
* 13
iy8
14%
*14
2% Apr • 6
Jun
Dec
,
7%
i. 28
6
2
2
*26%
26%
26%
26%
300
Pacific
Ltg
■
*15%
16
1,400
Pacific
Mills....
*81%
82%
*140%
*81%
141
142
*2
6 %
2%
2%
18%
18%
*7
:...
1%
30%
7%
"
1%
*28%
7 > --*90
v-
l% ->
30%
100
2 Ve
2
"
Jan
79
-2% Aor 28;
!
Jan
••
Deo
8%
13%
Peb
18%
10
Jan
Dec
104%
Jan
Feb
77
9%
Dec
;
19%
51
51
51 y4
71
72
72
*2%
72
*2%
2%
1%
*1%
*1%
16
1
*28%
■
13%
18%
51%
52
721/4
*2%
2%
1%
'•!
52%
900
72%
71%
71%
71'A
2%
2%,
1%
1%
*34
35%
*34
35%
15%
*15
15%
*15
15%
*105
1%
35%
1%
35%
35%
*33
15%
*15
*15
"105
♦105
1%
22
22%
21%
22
21%
22
21%
20
20
20
*19%
20
*19%
20
19%
19%
*19
*39%
40%
40%
*39%
40%
*39%
40%
40
*39%
*1%
2 V'a
21
*1%
21
5%
20
5%
*43%
44
23
23
*21%
22
5%
*1%
2%
*1%
20%
20
5%
*43
*22%
2'/a
21
5
19%
5
5
43%
42
22%
21
22
22
*21%
22
*21%
22
25
5»/4
5%
5%
5j/8
*5'/4
5%
>, 5%
5%
25 '/a
*34%
24%
65
*8%
9
*70'/2
:
■
103
*8
108
*8
78
39i/2
*17%
18%
*3%
32%
*4%
4%
*57%
63
4
4
4%
*4%
54%
*50 y8
23 y«
23
For
♦107%
8%
*8
8%
*66
4%
8
13
footnotes
fee
*18
78
*66
-38 %
*1%
*1%
*53
*53%
7
18%
18
18
3%
*3
3%
*3
3
30
30%
*29
4%
4%
65
...
*59
8%
8%
'166%
168%
*166%
3%
3%
5
4%
8%
22%
*63
2
*12%
759.
*7%
,
4%
4%
*59
65
8
8
*140
%
8
4
*3%
4
4'/4
4%
53%
*50
53%
22%
*22
22%
65%
*63
65%
*63
65
7%
*
150 '/4
7%
*166%
*21%
8%
*59
*4%
7%
—
—
100
300
;
..
■'
—7
30
■
•
3%r
4%
-
'
500
77/a
8
4%
8%
*150%
-
2
1%
1%
1%
13
12%
12%
12%
4
*4 V'a
*50
22%
*63
*8
168
*1%
*12%
Apr
1
Apr
May 15
15
Aug 12
>11%
Dec
108% Feb 27
108%
/
17%
20
Dec
5
36%
Jan
Apr
4
20
3
2
Aug
23% July
6
Jun
Apr
7% Jan
26
28
7% Jun
103
Jan
27%
Oct
Jan
13
5%
Dec
7%
Apr
6
Jan
5
4%
Dec
77/a
Jan
32% Jan 14
40 % Jan 14
76% Jan 30
23%
Dec
35%
35%
Dec
47% July
69
Dec
91
10% Jan
.
6
Jun
16
108
Aug 24
9
78
Jan 27
Jan 17
41% Jan
43
60
2
.15% Jan
3
>3
May 25
26% Apr 24
4% July
Jun
2% Feb
2
>
27
4% Feb
68
7% Apr 29
165
Feb 19
165
May 23
9%
165 ,
175
5%
26
70
100
pfd-_100
No par
-5
6% Jun 25
153
July 22
153
5%%
8%
700
12%.
800
700
ser
Pittsburgh & West Va
Pitts
2
1st
Young & Ash Ry 7%
(The)
Plymouth Oil Co
Pitt?ton Co
58
Jun
1
Jan 22
11 % Jun 24
>
6
36% Feb
5
6% Jan 15
Dec
38%
Feb
13
X
Dec
77
Feb
1%
Aug
.
46%
July
Dec
3% July
52
7 *
23%
July
Jan
4%
Dec
7%
Dec
2%
27
46%
Jan
Dec
8%
Jan
21
64
Jan 14
Feb 19
Feb 25
163
174
Mar
181
Jan
Jan
-•—
9
51% May
35%
•
13
xl8% Aug 12
;
.
__
4% May
v:
Jan
July
89% Sep
110%, Dec
Mar
■
2
July 10
n
May
12%
Dec
72
105
Jan
6% May 12
65 v May 6
58
>
38
:
8% May
7
107% Mar 23
May
Aug
21
30
Apr 27
1% Feb 25
7
2%
7
4
Mav 2
47% Apr 28
20
Jun 27
65
11% May
60% July
Dec
Dec
24 7" 75-
.1
100
100
class B__,
class A
conv pr pfd
30% July
Dec
Dec
No par
100
—100
100
preferred
preferred
Dec
4%
17
Pittsburgh Steel Co
5%
18%
41
100
7%
%
9
6
'
27
3
3
24
May 20
55 % Apr
Apr
Aug
Sep
54
27% Jan
5
Apr 28
Mar 9
Apr
25%
,25
•
51% Feb
7
29% Jan 24
May 26
22% May 21
28 % Apr
1
49
Jan
Aug
112% Mar
Dec
6
5
x
3%
52% July
17%
;
Dec (i
30
23% Jan
46% Jan
3% Aug 10
320
Dec
34%
24% Jan
;_100
Pittsburgh Forgings Co
Pitts Ft Way & Chic Ry Co
7% preferred
*
1
Jan 21
Sep
3% Aug
Deo
21
19% Jun
par
No par
1%
Jan
% Jan
.1
preferred
89%
Dec
2
15% Mar
—5
No par
Sep
73
5
Dec
54%
2
36
:
Jan
43% Mar
44
4
Jan
1
>
14%
2
May
Jan
20%
•
Dec
30
Jun
Jan
30%
■
Apr
2
98
Corp
Dec
%
Oct
2
Dec
6%
July 25
Jan
18
Dec
16% July
par
25
—100
100
1
18% Jan
3
preferred
1
No par
54%.
22%
2
5
18
100
17% Mar
Pitts Screw & Bolt
*150%
~1%
14%
17
8
900
4
4%
Dec
80% Jan
2% Feb
series_c.____i.100
Preferred
$5 conv
65
115%
9
1% Jan
/
25
series—
Pitts Coke & Iron
Feb
July 22
56% May 1
1% Apr 14
No par
.■
Pittsburgh Coal of Pa
200
95%
120
55% Jan
7 36
No par
7% preferred
:__100
Phillips Petroleum——No par
Phcenix Hosiery
1—.5
6%
Dec
15
4
No
Plllsbury Flour Mills
500
16%
9
100
Co.—,
500
Feb
20% Jan
Apr
Jan
10
2
44
37%
106
May
•
14%
par
1% July
Dec
16% Aug 18
A Mar 20
13% Jan
Feb
99
Jan
2
,
100
Corp of America
100
18%
29 y4
%
19%
9
27
100
6
3
—
3,900
>
>
2
Jan
T3%Aug
100
Corp——_—
4%%
Dec
10
24%
104
No
Phillips Jones Corp
19%
Jan
7
...100
Preferred 4%%
July
Apr
14
>
>7
78
38%
56
>
30
>
Aug
-
•
1% July 29
2
Jan
163,
7%
Jan
2V8 Jan
Philip Morris & Co Ltd.——10 >
;
500
8%:
*140
*50%
—
4%
*166%
22%
—
*3ya
29
*140
168%
53
*7%
150%
13
ii,
*4%
*50'/a
2y8
8%
.
*4%
65
"37/a
53
18%
30
'
10
>
9
29% Jan
__100
$6 preferred
May
•
2
5
preferred..
Philco
500
108
8
31%
168%
page
108
8
38%
-
8% r,7 ■>>.' 700
70%
108
*3%
*4%
70%
40
Mar
8% Jan
29
Philadelphia Co 6% preferred_.__50
200
-
Jan
<
l'/a Jan
50
Phelphs-Dodge Corp..—
7.800
;
110
*66
2
*18
*8%
*104
*7%
78
56
9%
70%
110
108
38%
55%
18%
70%
24%
*104
8
*1%
56
*59
65%
*7%
12%
*51
70%
*30%
"150%
*2
X8%
108%
23%
*63
~2%
*12%
108
4
*4%
65%
8%
107%
'140
23%
8%
8%
110
65
*50 y«
*2
8%
70%
♦140
'150%
"8%
*70
*103%
31
>8%
*63
-4
38
*166%
4
34'%
62%
15
1
Brewing
:
6
Aug
126
147% Apr
19y4 Aug 18
-
19%
Dec
19'% Apr
,.100
prior preferred—
Pfeiffer
400
1
11
Co.
Petroleum
1.200
'V-
<
Jan
23
,7 32
—
Pet Milk Co—
5%.
62%
*66
8%
—
5 y4
*5
34%
2
168%
*8%
*140
*166%
*5
5%
24%
39
*59
5%
•-"
Aug
3%
•
95
par
par
RR
5%
K;
35
78
*4%
.
22
24%
70%
3%
*21%
24%
1041/4
18%
22
64
*1%
3%
310
*33%
38%
31
%•;.;>
Jan
9%
No par
5%
120
21
*62%
104%
55 ■■•/
411/4
21%
4%
Dec
Dec
No par
Pere Marquette Ry Co
1,000
41
65
2
18
•
3 V2
*31%
25
Pepsi-Cola
11,900
22%
35
No
JPeoria & Eastern Ry Co.
:
-
41
*62%
40
55
4%
♦33
*1%
55
20 '/a
4%
Corp
preferred
Dec
1%
20% Apr 28
10
Peoples Drug Stores Inc
Peoples G L & C C (Chic)
200
2i/a
19%
65
110
78
*1%
35
39i/a
2
*50
8%
24%
2%
5%
Corp..
Cement
Pennsylvania
13.400
20: >7> >■; :
40
7
4%
♦5
5%
Coke
1%
4%
90
No par 7
Co.
$7 conv pref ser A
5%
22%
19%
41
81
8
2'/2 Jan
6% July 16
;__10
No
Penn G1 Sand
15%
65
,
70%
24%
Penn-Dixie
200
"*34 y4
65
8%
*65
39%
*1%
24%
500
*21%
108
*103%
8%
*65
8%
70%
110
*107%
34%
*63%
71%
*103%
25%
34%
-
35%
*63%
1%
35%
*2iy8
y2
5
>7*5%
Penn
*1%
42%
*22%.
5%
200
19%
*42%
Coal
2%
*4%
5 Ve
43%
5%
*5
2%
20
5
23
*21%
*39%
Ford
(J C)
2% Jan
No par
&-Enterprises
-
-6% Aug 26
11
•
1
Transportation
&
Penney
1,700
♦105
22 y8
*19%
22%
72
Penick
Feb
Jari
7
2
;
Parker Rust Proof Co—..2.50
Patino Mines
Jan
Jan
Jan
11% Apr
—.1
No
11%
28%
>40
148
/' i 11% Apr 24
;.100 ' 100V2 Apr 23
Inc.
>
Dec
4
—1
Co..'...-
&
,15% Nov
>
Dec
Apr
par
Parmelee
•52%
*15 ""
Tllford
Davis
25% Nov
2
2
31 - Jan
18'/a Feb 25
-
Jan
0
-
300
52%
*33
*39%
;
1
52
*2
&
15 ,7 17%
17 •
26'A
Jan
Sep
7% Nov
./
101
-
3
100
Inc
20
Dec
12%
27
,7'A Apr
6% Peb
3
♦ 1%
Apr
};■ 21% Feb 3 10 * May
13% Aug >17 '»/• 4'A Apr
4-17% Aug 27 •
-6% Dec
Oct
62%
25
5'/a Jan
>
100
14
52
2%
Pictures
56%
7
Apr
l'AMar
•
^1
No
Inc
preferred
26% Jan
'
'
Dec
8% Jan
5
^1% Jan
'
5
1st preferred—.
Parke
4,800
*2
6%
■
par
._5
Transp
Park Utah Consol Mines
700
72%
1%
:
,
3,500
:
&
7
Jun
Sep
Jan
27
>121 /
-_10
No
150
22'/2 Apr
13% Jan
_.l
Gorp
Airways Corp
Cos
conv
Park
1 %
24
18%
15%
22
100
18%
35 y4
*105
*1
-■ :>;V
-
Oil
Car
.
Jun
38% May
3
6%
17% Jan
74
?
-.100
Jan
.16
♦45 y8
Mar 28
Jan
-■
'
15% Apr 28
•
„———N(y par
Petrol
Paramount
16
1 '/a
23%
*13 V'a
14
4%
12,900'
18%
*15
22
116%-
American
Paraffine
•
■
54
7
«
par
Panhandle Prod & Ref_^_
1,900
>
'
16
Motor
Pan-Amer
';,7
>:
18%
*34
'105
1%
23%
*13%
-
to
*15
Ve
1
1;
18%
72%
1%
114%
23%
1
'/a
19 y8
51%
2%
*
1%
23%
15%'
16
%•'■>,-,
30%'
100
Pan
-48
25
6% Mar 27
& Teleg_____.____100
Western
Packard
/
'
——No
preferred........^
Pacific
9,900 i'
7 %'
*90
16
*15
1 '/a
*
ii
xl9
114%
>
13%
14
15
19%
15%
23%
ia
its
19%
1G
18%'
*7
'
26
;
140
2
Jan
24'A Aug 28
28
Jun
43% Apr
42
10
Pacific Tin Consol'd Corp
800-
10,600
*1%
•
;•
2,300
•
6 %
2 %
142
23% July
;
7 .2%
.
July
10
;•.
Feb
Dec
>54
9
27% July
•
Feb
2
; 15V4 Aug 22
Mar 20
xl67/a Apr
*-
25 V;
Corp....
Pacific Telep
6%
(Cal)
Corp
Oct
2% Jan
>
-
Deo
j
13%
;
4% Jun 29
11% Mar 12
5
Electric
&
70
2 Va >
■
2d
Pacific Finance
-
10-
•
hi
*6Va
'
330:
15%;
82 y2
2%
2%
*6Va
•
•
15%
1
-
Nov
14
40% Nov
Dec
7%
1 25% July 17
6% Jan 12
„.10 :A774% Apr 27
u/.-;„.Na par
16
Apr 28
preferred^..
JL
No par 7:7 9% Apr 27
Gas
i; 77-
113%
>
Jan
>21
8% Aug 15
"
Jan
Co.'—i-/./
Pacific
•/
*
Coast
Sep
8% Aug
"4
Jun
%
r:-
17
'> 10'A Jan
preferred
100
7%
*15
1%
24
14
1 G
"%
16
l'/a
24
7
1st
-
- -
118
:
-
100.
18%
*114
Pacific
110:
17%
-
15%
118%
*15
l'/a
24
\i
16
*114
16
23%
*13%
15%
Pacific Amer Fisheries Inc
100
-
/
12 V 'a'
-12
"
*115
5 y8-
Jan
68
Dec
>34
2
2V2 Jan
59
'
par
Jan
7
July
i
■
57%
7.17%
Deo
3%
107
12%: Aug-18
18
Co_^___12.50
300
7 y2-/>>;
19%-
Glass
17%:
2%
100
Owens-Illinois
Jan
Dec
'93 '
19
2
14
20
Mfg_...___.._5
Outlet Co—.i^..—No
12%
6%
*90
Outboard Marine &
-
*17»/a
2%
*1%
100
1
*17 Va
143
*28
30%
*90
19%
400
7
1,000:
17%
18%
7%
>•■■■•
•y
17%
*67/a
19
7%
*4% :
>>
% V > •-•
7.;
215
Apr
10%
27
27
preferred..r. 132
17%
.
2%
:
5
48
49%
6 %
17%
r
6%
2%,
v
16
*44%
7%
•4%
*11%
-
82%
2%
6%
,
18%
*6%
•
*140
143%
2
*6%
15%
*81%
;>
'
*140
12
11%
24
>
49
*18% -20
17%
18%
■
24l/4
:
48
49
->*7%
—/
5
*18
24
>
•
Oct
9%
x50%
31
7
•
.
Apr
Jan
Otis Elevator...^..-.......—No par
140.
Aug
'
*Oppenheim Collins../^/!.—No par
3,400
•
140
49
7%
*4%
20
*137%
-•-.*44%
-
49%
13%
140
24
48
49%
13%
14%
*137%
-
24
*44%
7%
*4%
20
xl4
Sep
50%
'
6
108 V2 Jan
2
31% Apr
<>-17
i.lOO-
7
Dec
109
Jan 27
14 '
ii 96
14
> >6% Apr 29
.
Dec
179%
52% Jan 26
J
...
Z 8
...6 >->
£
Jan
A 10% Jan
-
Dec
19
•.
14
s:
Oct
23%
7
Jan
Apr 29
:
.»1
Equip../..:..—No par
16
2
23% Jan
25
20
•Omnibus Corp
ii •;'
No par
30% Jan
9% May 21
i.lOO
No par/,'
Telegraph..—____50>
7.
Dec
'
.85y2 Apr
4Va Jan
.—100
Oil
Ohio
*
.1,500
•
50
Ry Co::
27
192
Mar 10
Apr
39
•:
Preferred
1,500 1
37/s "
<
26
27
2% Jan
V4 Mar 11
Norwich Pharmacol Co_\_——:.2.50 >» 8 Va Aug 22
t
4,700
•
3%
67%
67%
'
:
1
Norwalk Tire & Rubber./
' 300
.
50 '
Jan
% Jan
6V2 Mar 31
39
'
54
^
Mar 26
108
;>.
Northwest Air Lines...!
;
1,100
•8%:
♦24
•'•:••'/
preferred series!
Northwestern
;
100
__50
Northern Pacific Ry___
Nor States Pow $5 pfdJ
>
8%
•
8%
;•••
24% /"
>
30
143
...10
American Aviation!
July 21
19
:_5
series—I
Northern Central
,
37% t
1%
__1
preferred
6%. preferred
North
1,700
Western
Shipbldg Corp part stk
Adjust 4%
.
20,800
11 "V
*35%
30
preferred
North American Co..;—
;
109%.'
11
10%
37%
~
6
50
:z
Noblitt-Sparks Indus Inc
t.
400
t
91%;..
6 V-1-
6%
3%
*3
Feb
157/8 Jan
12% Apr
Norfolk & Western Ry._______.;_100
u
60,
46%
Y
V
51
3
67%
•
--
14%
141
Jan
2
29
N
1,100
113
24%
>7
3%
*137%
49%
*7% 7
5
20%
7
July
45
2
Jun
3%
66
14 %
Jan
116
Jun
> 4
15'/2 Apr
*19%,
*110 Va
8%
8%
14%
138%
140
24
*44%
51
14%
>•
Jan
>-27%
*
15% 7
15%
31%
ll7/a Aug
10y4 Jan
.
par
14
7%
1%
>-
8%
36
11
Va Jan
46%
.*26%
30
11% Jun
.—No par
*N Y Ontario &
22 y4'
'
'44
>;
.
.100
%
33
*21%
154%
*35%
71%.
*3
27
2
X154
10%'
11
36 »/2
24%
>
Jan
10
3
113
*108%
109%
66
:-7
.
A Jan
20
7%
3% ■■■; 3%
67
Dec
% Jan
91%
6%
•
26
100
6Va
•
106 y8 Mar
5
100 '
;~*89%
8%
19%' Dec
9
100
6%
24%
par
...No par
No
non-cum
Conv
91%.
,
2
32% Feb
IN Y N H & Hartford..
11^4
7:*/
25% Jan
109l/2 Jan
17% Jun
1,000
*
6'/a
>
30
3
23% May 21
6% Jun 24
N Y Lack & West Ry Co
600
4
4
Apr
40
*89%
8%
25
24%
•
3%
14%
,
Apr
5%
98% July
>
^...100
Corp
Dock
N Y & Harlem RR Co..
4,000
*8%
Jan
22%
2,600
45%;
►26%
V
Jan
16
%
11%'t
8%
Dec
110
45 Va
12
2%
11
30
*8'/4
Nov
105
;
11% Jan
35%
45»%
'.Zl%
109 y2 July 27
July
7 79%
Dec
30% Feb
%
45%
1%
.
*26%
8%
8%
<;">
25
\
4
1%
30
*8
8%.7
8%
25
*
30
8ya
1%
14
17
2 Ye
11%
10%
Jan
7>AApr 28
100
preferred
10%
157
*45%.
45%
►35
Mar 10
22 y2 Apr
;
...1
No
27
'
Omnibus
York
-5%
10%
*108%
17
Deo
104
Brake——No par
preferred series A
NYC
1,000
*45%
36 y4
10%
$ per share
69% July
Apr
ft
%
"110%
46%
,v.:
«'
:
>
11 y2
36%
Highest
f per share
27
31%
N Y Chic & St. Louis Co
'
109%
*108%
11%
*34%
14% Feb
100
Central—.
'
*
5
75 y8 Aug 18
.No par
Air
90
21%
7%,
'
*45%
$ per share
*
Lowest
•
35
1
York
14%
*81V*
21%
157
158%
46%
7%
♦45%
jan
Year 1941
Highest
70y2 May 26
10
$5 conv preferred.^
200
69
>
*19%
19%
158
159%
5
69 ■>
*a°3
21%
19%
20
*158
li
2%
*%
r
*13
35%
*34
1/4
21%
22%
*19%
20
158
-■/
28
preferred series A—
New
14%:
.
90
*2'/a
•
;
Range for Previoas
100-Share Lots
No par
900
!
of
| per share
;
preferred—100
N'port News Ship & Dr Dock
300
41%
14%
70
*81%
2i/a
*nV
%
3*2
40%
*4%
5%
.
70 V*
69%
2'/a
800
i,
14%
14%
%
2%
2%
2%
69%
serial
(J J)
Newport Industries
18%
*13%
14
,
*13
15
*13
5%
Newmont Mining Corp
9%
40%
13%
*4%
15
4% %■ conv
.
Newberry Co
1.200
27%
9%
Par: v
•»
1
1,200
100
9%
-
*13
*13
18%
*99 y2
•.
;
8%
*26
>•
■
Basis
Lowest
.
>
H--
24
13%
13%
5%
*7%
26%
9'/a
13%
5'A
109
23%
18%
50 1.
20
Range Since January 1
On
*s
Neisner Bros Inc
100
1
«. •--••■••
■
>.
>•»
13%
*41/4
*108
99%
*
14%
•13%
35 % v
8%
18%
26
9%
•>
..
74% v
*34
23%
99%
■
27%
\
*74
108
-
100
15
-
STOCK'
EXCHANGE
.
Shares
>
♦13%
*7%
18%
99
19%
100
100
per share
74%
*23
24%
7%
the Week
35%-
*74
108
23%
8%
*7%
19 y4
18%
20
*99
8 '/a
share
.*34
109
I
NEW YORK
Sales for
*•
Aug. 28
.
15
13%
-,/
34
108
109
24%
*8
$ per
share
per
*13%
35%
75
*321%.
108
24%
?
Aug. 27
141%
14%
15 y»
*14%
Aug. 26
t per share
STOCKS
^
Friday
Thursday
Wednesday
Tuesday
Aug;. 24
Aug. 22
RECORD
SALE PRICES
HIGH
Monday
Saturday
Monday, August 31;' 1942
Dec
Jan
Jan
Dec
15
Jan
Aug
6%
84
166
3%
Dec
4
Dec
7'/a
Oct
Feb
Jan
14
6% Jan
61
Jan
33% Jan
6
45%
Feb
65
Jan
3
24%
Dec
43 y4
Jan
Feb
14
51
Oct
75%
Jan
10"% Jan
July
2% July
14% Jan
5
26
6
22
;
164
31
28
9%
Dec
15
Mar
164
A May
13%
Dec
Jan
Jan
July
Mar
1% July
•
17
July
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
156
HIGH
LOW AND
Monday
Aug. HZ
S per
$
share
6'/a
6%
48%
3%
177/B
18%
6%
6%
6'4
*6%
7%
*6%
25
25%
10
67%
80
*78
90
*86
"102'A
103%
>114
115
25
90
25
103%
*118%
9%
24%,
*2314
10
9%
10
9%
9%
68
*67%
69%
68 %
68'/a
80
*79'/a
80%
*79%
80%
90
88
104
*103%
103%
103
*113%
115
*112
115%
*112
115
25%
24%
25
9 Va
9%
.
Inc.,
Gamble
&
Year 1941
Lowest
Highest
t per share
share
16
J per share
Jun
Jan
15
5% Jan
13
3%
Dec
8%
18% Aug 28
4%
Feb
13%
21
Jan
Jan
Oct
2
8% Jan
3
5%
Dec
13%
Jan
6% July
7
8% Jan
3
6%
Dec
13%
Jan
29 'A Jan
3
21%
Dec
52
6
50
Dec
121% July 23
115
Jun
22% Jun
10
42
Feb
17
115
Feb
16"
^..No par
No par
62
9% Jun
3
Jan
40%
Jan
61%
120
Sep
July
11%
Dec
Mar 30
86% Jan
14
75%
Dec
110
Jan
100
73% Mar 31
£99 % Jan
14
92-
Dec
123%
Jan
preferred
—100
79% Mar 30
111
Jan
9
106%
Deo
137
Jan
preferred
100
99
Mar 30
123
Jan
6
117
Dec
158%
Feb
111% Mar 19
115
Feb
2
114
Dec
117%
26% Feb
4
10
2
7
101'A Jan
2
194
91'A Jan
20
Corp of N J
$5 preferred—
6%
preferred——_—
100
1%
220
8%
v.
Pub Ser El & Gas
115%
17
8
100
200
•
t per
share
par
No
Ranre for Previous
Lots
Highest
5% Jun
1
...
800
•
103
90
*86%
<
Co
pfd (ser of Feb 1 '29)
Pub Serv
1,700
J
88
103%
5%
100-Share
3% May 21
9% Jan
7
1st preferred..^.
5
conv 2d preferred
..—.50
Procter
1,900
of
15% Jun
par
No par
conv
5%
24%
Car
J per
No par
Pressed Steel
5%
48%
*86%
& Co class B
Poor
1,700
,
121
90
♦113%
.
48%
118%
No
Postal Teleg Inc preferred
7
104.
104
115
48%
118%
200
Pocahontas
Creek
Basis
Lowest
9,200
-
6%
*6%
68
'■
80
*86%
*48%
7
80
67%
*78%
104
♦114
25
67%
80
*6%
*23%
121
9%
10%
*10
10%
67%
68
*78
6%
48%
♦118%
121
6%
*6 >4
25
4814
48 %
*118%
121
614
7
*23
25
48'A
48%
4814
*66%
*85%
*3%
17%
7%
♦118%
10%
*10
3%
17%
On
Par
18
*3%
Range Since January 1
STOCK
YORK
EXCHANGE
Pond
3%
6%
*25
48%
121
*16
.
NEW
for
Shares
share
per
17%
6%
25%
*25
*11914
18
*3%
♦6%
7
*6'/a
S
share
*16
18
the Week
17%
4
17%
17%
t per
Sales
Aug. 28
Aug. 27
share
*16
18
*3%
3%
18
17%
17%
*16
18
3%
4
4
16%
t per share
share
♦16
17
*16
Aug. 26
I per
Friday
Thursday
Wednesday
Aug. 25
per
STOCKS
PRICES
SALE
Tuesday
Aug. 24
Saturday
pfd $5__._No
par
14% Jan
8
29%
Jan
Oct
'
9%
9%
,
„
9%
.
.
24%
9%
9%
24%
24%
9
9%
98
98
*97%
87%
86%
86%
86%
86%
*86
11%
11%
11%
*11%
11%
*97
99
*97
101 Va
*97
24'/a
9%
4
101%
24'A
9'A
5,900
Pullman Inc
5,100
9'A
Pure
100
600
5%
700
Oil
6%
;..
:•
101 Va
*98
101% "
'
24%
11 Va
11%
12
•
86%
10%
*9%
3%
3%
3%
3%
54%
54%
*9%
10%
3%
10%
♦9%
10%
3%
11%
-
7
No par
Apr
2
28
Jan
19%
Dec
29% July
Feb
12
Dec
90% May 13
80% Jun 17
107%
Dec
100
83%
Feb
95%
Aug
No par
9% Mar 11
12
Aug 11
8%
Deo
12%
Oct
10
8% Mar 11
10% Aug 18
8%
Apr
12% July
100
...
conv
Purity Bakeries
Mar
•' V,
>'
.1
■
86%
*11'A
11%.
•/> 11%
i.';( •'
*9%
86%
(The)
preferred
preferred.
-
*
87%
88
*86%
20% July
No par
—
9%
10%
3%
3%
10
*9%
3'A
Quaker State Oil Ref Corp
---
R
3%
3%
*54
55
*83
88
*83
*2%
3
2%
*41'A
*41'A
44
*18
18%
9 Va
55
*54%
88
*83
88
;.v
3
*41
2%
*41
*2%
44
18%
18%
18%
*18%
*8%
9%
*8%
26%
26
2%
44
9%
26%
*9
*25%
26%..
18%
8%
26%
26%
26
14
14</a
14
14
13%
14
*13%
26%
13%
27 Va
27%
*27
27%
27%
27%
27%
27%
*21%
22%
*22%
22%
*22%
22%
22%
22%
*2
*2
2%
60
*56
*15%
16%
6%
*42
3%
14%
43
*41%
77
14'/«
♦83
84
*55
57%
100
*73%
77
*98
,
100
•;••' *4
84
*57
57% V: A: 57
*98
*98
5%
74
75%
5%
;
83%
;■
57
7%
4%
83%
57
83%
i
.
7%
*7 Va
•
7
.
7 V
■
*7
•
•
'At;
7
■
■;
*56'A
7 Va
'•7'/a
Oct
15% Jan
2
18% Aug 25
14%
Dec
21% July
7% Jun
8
11'/a Jan
8%
Dec
18% July
29%
Dec
Dec
18% July
Dec
27%
Aug
2d preferred
50
20
23% Mar 11
19%
Dec
24
Jan
Silk
5
Hosiery..
.No
Corp.;
39
Jan
15
60
100
1st pfd_.
& Co
11
Apr
30
6% Apr
7 %
170
-
230
•
700
preferred
Nov
7% Feb
2
6 %
2
9'/a
Apr
12%
6
7%
Apr
10% Nov
9
65% July 30
;
38% Jan
6
48
22
Mar
100
100
•54
Jan
61
Apr
2
14
2%
Dec
3%
Dec
2
14%
Dec
22%
Jan
101%
Jan
5
96
Aug
3
86% Jan
23
77
Dec
97
Jan
6% Jan
3
Dec
11
Jan
129
Sep
100% Mar
4'/a
3
97
Apr
Jan
20
60
Apr
8% Jan
5
129% Mar
74.
May 22
6'A May 20
No par
Jan
67%
,53% Dec
'34
Dec
Feb
19
78% July 30
—100
100
9% July
22
70'A July
4% Jun
Dec
4% Jan
13% May 14
8
X94% Jun
No par
;
Nov
16
7% May 18
No par
...
5'A% preferred
Reynolds Metals Co
Sep
53
Apr
9% Jan
2% Jun
■
7
12'A Feb
x55
100
ser A
2%
24
..1
;_.25
Revere Copper & Brass
>
July 30
Aug
10% Mar 11
par
Rensselaer & Sara RR Co...
Dec
22% Mar
16% Aug 24
—10
...
1
2% July 10
13
100
(Robt)
Republic Steel Corp
6% conv preferred
6% conv prior pfd
Vr
May 28
1% Jan
Reo Motors v t c
,
16
Dec
10%
100
■
55%
22%
400
58%
38% Mar
23
5,800
83%;;,
9
Preferred with warrants..
10
7;
6%
:>
46% Jan
3
3,800
5%
83%
57;
>57'::
7%
4
28
'
<
34% Jun
Jan
27% Aug 25
Remington-Rand
77
*4%
Jan
1
Preferred
100
.
*75'A
,
4%
83%
57%
*98
100
74
100
*4%
83%
83%
-
V
,
3%
15'/a Jan
Real
.1
14
14
13%
Dec
26% Feb
2,200
4%
>;•: *3%.
2
25
Reliance Mfg Co
42
42
>
4'
2
23% May 28
Reliable Stores
69
*65%
42%
r
13%
*73%
*4%
*83%
14
13%
...,
;
75%
*73%
5 Va
5 Va
:
*42
4
14%
*97%
.
43
I;.; 4
4%
14%
9
69
*41%
1
4%
8%
70
3'A Jan
Jan
23% July
1
11% Apr 16
100
V
23
Apr
6
50
Reis
;
88
88
50
100
;;
'
■
11%
•>.'. *8% "... 9
;>
Dec
par
preferred—
220
*11
11%
>65%
*65%
7
*6%
7
*6%
*11
9
4%
62'/a
85
25
4%
20
;;;•
Dec
Dec
25
55 'A Aug
Apr
1st preferred
$3
r^::y%0Q\
15%
2%
47%
Apr
II—Zioo
preferred—
conv
3% July 10
6
28
88
2
Reading Company
200
60
15%
8%
43
5%
60
16%
;
2% Mar
46% Apr
4%
800
200
2'A
70
*6% J 7
11
11
:
4Va
14%
>1%
,
*55
vvf:.
70
4
99%
*73%
*65%
22'A
*15%
8%
70
14%
*97%
.
3%
*5'/a
*8%
8%
*65%
43
'
:
22'A
15
;
11%
*41'A
70
'
2
par
par
No par
Raybestos Manhattan—.... ..No
Rayonier Inc..
1,000
v
.
70
'
7
*11
11%
*8%
8%
8%
*65%
*6%
v";:-
7
*6%
*10'A
2
2%
27%
15
70
16%
11%
6%
♦11
;
'•!:>I;.
13%
*27
22 Va
*22%
800
900
26
*13'/a
'>
.
v';;
8%
*25'A
:
27%
6%
18
.
8%
..No
Radio-Keith-Orpheum
43
Xl8
;.f
13%
13%
>27
800
*56
60
■
15%
15%
*2
2%
16
60
*50
*2
2%
<'•</',
; ;
1st
conv
$5 preferred B__._—...
3
*41
:
:;; 200
preferred.. ..No
Corp of Amer..
$3.50
88
*2%
18%
8%
;■
;
9
Radio
7,500
55
*83
< ■
V
43
3%
*54%
:
.
2%
*41
26
*
>,
55
♦83
18%
18%
9Va
*54
*2%
3
44
54%
88
54%
*83
88
S;
6%
Feb
80%
Dec
Sep
15% July
J
80
82
•80
I-
24
24
4'A
23%
24
23%
82%
4%
4'A
79%
4%
4%
23%
23%
*4 Va
23%
23%
23%
/:
230
4'A
23%
78%
23%
4%
> :>
*80'/a
82
78%
79 Va
4%
•4
4%
•3%
79 Va
80
5%%
1,600
Reynolds
Reynolds (R J)
5,400
.
preferred
Spring
75% Apr
100
1
conv
Tob class B
10
*30
35
35
„
*30
•
35
*30
35
*30
35
*30
35
7%
•7%
7%
7%
<7%
'■
'
7%
*7%
7%
*7.
7%
7%
;
7%
'
7
..7
•
V
4%
*4
•
*4 Va
*.u
«•»
V
'
9%
37
■
*108%
109
■
;
8
57
*56
-•
'»
>'
"
108%
*%
a'a
%
*%
13%
> "12 %
12%
:>
27
49%
Dec
53 Va
Jan
par
Jan
15
7%
Feb
12 Va
6% Apr
30
8% Jan
16
6
Apr
97/a
Aug
Jan
5'A Jan
20
2%
Dec
2%
2%
54%
8
8
;
8'A
8%
8%
62%
*61
*57
57'A
;■
6
*33%
35
:■
*33ya
>
35
*2%
2%
*2 Va
WV
t.
13%
13%
10%
'
91%-:91%4
33%
33%
800
•V
112
.'.1%
109
2%
*2'/a
,
IV
.■»
» 57.
3A
%
13
13
' 54%
-
-
*2%
55'A
; 8
>
8%
*8%
-r
600
;
.4-2%
/
100
Servel
V
700
;•
57 »A
♦20%
: 26'A
26 % *
*68
69
*16%
16%
*10%
14%
14
7%
8
2%
2
18%- <18%
17%
14%
16%
16
♦129
17%
17'A
10%
10%
;
14%;
•,
10 %
*10%
14
14%
•
13 %
26%
*68
.
31%
v
30%
*40%
t"
Sharon Steel Corp
90
-
13
2'A
''
*26'/a
69
25%
34
•<
56
:
•16%
*10%
14
8
-
x2
;
14%
129
130
-
16%
10%
13%
;
16%
10'A
•
14%
29%
.*38
17
-
17%
,
2
14%
'
;
17%
10%
10 %
13%
137/a
15
i4i/2
15'A
-•-30'A
.
30%
43%
*38
43%
.
<'14%
30 %
*38
•15'A
31
2%
2%
♦53%
*22
•
3
*2%
3
*53%
*21'A
24%
24%
*33
57%
*56
57%
24%
•24'A
33%
*56
-
24
*33
*56
57%
Jan
6
48%
Dec
71%
Jan
7
Jan
15
5%
Nov
29
6
par
32%
Dec
40
Jan
10%
Jan
16%
Dec
Jan
.9
22
Oct
30%
Nov
Jan
28%
Jan
18%
112
.Jan
Dec
114
Jan
20% Jan
14%
Apr
15
95
17.
13%
2% Jun
6
Apr
2
144% Jan
,20% Jan
12 Va Jan
5
2
59
Spencer Kellogg & Sons
17% Apr
2
4
July 30
21% Apr
1
28
28
31'A July 20
49
Mar 16
——No par.
No par
1
*2%
*2%
3
*2%
3
3
3
"
37%
37%
*30%
31'A
111%
*110'/a
111%
3
3
3
37
37
37
-
32
115
1
*30%
32
*110
*46
37
37%
*37
37%
*46
47%
*30% " 32
32
115
♦110
-
1
3%
3%
98%
♦97
For
footnotes
3%
3%
page
3%
*97
99
*97
see
111%
48
759.
*30%
*110
46
32
46
3%
99
3%
*97
*45
47
3
•
1,100
Spiegel Inc
Conv $4.50
;
60
*31%
3iy4
100
*110%
111%
Square D Co—:
5% conv preferred
100
Squibb (E R) & Sons
*45
47
3%
3%
~3'A
3%
98%
-97%
97%
*96%
$5 pref series A
3'A
99
7,800
100
No par
:
Aug
?
35% Jan
Dec
Dec
27%
Jan
Sep
24
Dec
13%
Jan
14% Aug
11%
Feb
19 Vs July
Feb
.36%. Nov
10
„
19'/a
23% Mar
11
6
May
2
Aug 24
3% Feb
Aug
Mar
V8
50% Mar 24
3
150
Dec
37%
Oct
2
Jan
6% July
Mar
69
July
22'A Aug 25
17%
Dec
22
July
6
27 Va
Dec
39% July
59
July 30
31% Jan
37
Mar 24
60
Jan
3
:
60
27'/a Apr
38% July
54%
60
3
Aug
Dec
Dec
6'/a
Jan
Jan
14
4'A Jan
6
34% July 31
45% Jan
14
34%
Dec
57%
Feb
40'A Aug
Feb
6
11
31%
Dec
117% Aug
49% Jan
6
2% Apr
1
27% Jun
24
—100
No par
No par
108% Jun
1
40% Apr
9
109% Aug 10
Brands
No par
2% Apr
preferred
No par
89% May
Standard
$4.50
.2
—
preferred
37 »A
*110
*110
*110
*110
*110
*110
*109'A
*46
48
2%
37'A
237/a
£
5
"
*36%
19%
Jun
.
16%
•14% Aug 19
18% Feb
2% July
Feb
£
Sep
Nov
10% July
13
10
Jun.
25% July
15
,18%
120
27
29
Dec
13
16
26
Dec
1%
3
15% Jan
26'A Jan
Feb
7 '/a
Feb
8% Aug 17
;
Feb
Jan
9
.13% Jan
17.
Apr
2 'A May
No par
Oct
Feb
111%
12% May 20
—
35%
,
Jan
27
10
Feb
Jan
9'A Apr 20.
7.50
No par
Sperry Corp (The)
Spicer Mfg Co
$3 conv preferred A
Jan
2 Va
14% Apr
..25
Jan
21%
112
17'A Jun
126
5
Dec
Nov
100
1% Mar
14
Dec
1
9
29
Apr
6'% Mar 11
5
2
11%
Sep
July 10
;13'A May 18
1
Dec
Aug 27
26 V
15% July 28
9
6%
1% Mar 24
6
19% Apr 23
65
69
35
20% Aug 26
108
Dec
4
•
Aug 24
14
100
Feb
6
,
14
5
50
•
3% Apr
61%
•61% Aug 27
4% Jan
15% Jun
% Apr
24
100
33%.'
57%
Jan
.60
1 'A Apr
1.600
24
34
Jan
8
500
1
3% July
14
300
22
107/a
14% July
34% Jan
65
22
78%
Dec
Jan
July
Dec
23% Jun
35,200
Dec
.4%
%
% July
17
.7%
Sparks Withington———No par
Spear & Co
—
i.—1
$5.50 preferred
—No par
,5%
Mobile &
2%
65
22
33%
25%
34
2%
*2%
r
22%
*56
56
-
65
22 %
2%
-2% --2%
*53%
2%
3
65
22'A
; *32%
34
4
2%
Edison
Southern
.
49%
1
A
3
Ohio stk tr ctfs——100
9,300
Apr
5
30
—100
preferred
Southern Pacific Co..;
5,600
1%
Jan
8 'A Aug
•
July
Jan
Ry
No par
preferred—100
'
-
43%
3% Mar 24
57
2% Jun
No par
Southern Natural Gas Co
800
25,400
'
5
Dec
11% May
;
Greyhound Lines
Porto Rico Sugar
8%
Jan
Dec
<
30'A May 21
Corp
Southern California
2,400
10 'A
13%
So
110
131
10%
S'eastern
112,
%
13% Jan
Sep
115% Mar
'A
.—.5
South Am Gold & Platinum
1,200
39%
Jun
Dec
2
No
Dec
109%
107
11 Va
14% Jan
——i_10
t c—No. par
Snider Packing Corp..No par
Socony Vacuum Oil Co Inc
...__15
200
19
4'A Mar
Smith & Cor Type v
5,100
•
4% Apr
....10
preferred
Smith (A O)
100
Sep
Sep
10
54% Apr, 29
.^.15
200
Sep
94 Va
10
24
Skelly Oil Co..
Jun
23
28
;
Apr
Sep
'17%
Jun
31
•
Jan
No par
Mines
Petroleum
8
Jun1
79
6
10% Apr
V
10,400
8%
<
-13%
:>
31>
19
*128%
130
17
>
13%*
;
19
19
129
*14%
14%
-14%
18%
2
Apr
113
"•
Simonds Saw & Steel——No par
V - 200
-14
8
2
7%
2
*13%
13%
13%'
8
2
■'y
:<
:
7
8
47
Dec
Feb
Apr
May
fK Feb
2
52% July
No par
15
Oil
;
$6
11%
•■'
6
Apr
8%. Apr
10
;.1
May 25
4% Jan
No par
No par
Sloss Sheffield Steel & Iron
16%
11%
Pen Co
(W A)
Silver King Coalition
112%
16%
18%
'
1,500
1
2
23
43% May
No par
Simmons Co
69
•
'
43%
24%
25%
25%
*32%
57
*56
26'A
.,
*t68
*110
112%
V
Simms
200
pref ser A
(Frank G)
Shell Union
V 1,900 f
—
conv
Sheaffer
1%
*10%
*2%
65
22
22
21%
*32%
v
'
400
;
21%
*16
*55%
2%
2%
♦53%
55
*25%
;
*110
14%
31'A
2%
3
2%
•2%
2%
21%
*26
26%
*68
1
•
*1
*20'A
21
*19%
26'/a
69
1%
n
1%
20%
13 %
13
•
•
Shattuck
10
2%
*2%
2%
13'A
10% Apr
%
%
<1
July
12%
9
Jan
11
i7« Mar 21,
--—No par
' v
$3.50
:
-
% Jun
par
'-——No par
Sharpe & Dohme
3,400
13%
'
2%
*53%
-
> 13'A
100
12,100
!
-36
13%
,13%
-'-*2%
13'A;
-
2%
Va
6
-
*33%
35
35.--
13%
7%
14'A
15%;
35 »•'-
6
6
<
36% Jan
116
109% Mar
39% July
v
4
91% Aug 27
,
16
9
——A.—. 1
$5 conv preferred
2,600
62% :v
*61%
11%
,
10% "
15%
43%
•
6
-
6%
6%
16%
'■
130
30'A
31%
43%
31%
♦41
*
6
61%
-
112%
>*13%
•
'
61%
63
•v
6%
*10%
18%
17'A
♦eVa
6%
*16%
*110
15
*39'/a
15%
15%
J
u
20%
8%
18%
,
130
17
17%
•10%
,
2'A
13
;
2%
,
*14%
19
*128%
14
8
2
>;
10%
*13%
8%
13%
16%
10%
15
19
<
130%
•128
,•
♦14%
15
*14%
112%
*16%
2%
8
2%
>
*33%
69
*110
14
f
6
26%
26%
16%
•
,2'A
1%
11%
16%
*10%
*61%
.
22
*68
112%
*110
/
<11%
*13%
22;
6'A
■;
25% Apr
Co—--—No par
Inc
May 15
Jan
A Dec
106%
X
18% Aug 11
28
Aug
35
3
'78
5
Sears Roebuck &
2,400
19% Jan
—.100
Seagrave Corp
4,500 .V
'
3
Nov
14%
48%
1% July
3
Jan
12% Apr
Seaboard Oil Co of Del—_—No par
;
Jan
Dee
Jan
21
;
A Dee
>
20
44
110
106% Jan
---No par
;__.No
preferred
6% Jan
2
109% Aug 17
No par
27
3
27
23
Jun
Dec
Not
42
4% Mar 15
7
9% May 19
.5V;.100
•
27
% Feb
% Jan
29% Apr 30
104
Co__........—'_No par
tSeaboard Air Line.
Jan
8%
2
2
3
Jan
5
100
—.100
—5
—
$4 preferred
/
800
v
8%
7
57'A
-
^
Jan
34% Jan
May 28
% Jan,
2
27
47
5%
14% May
19% Mar 20
10'/a Jan
May 20
A Jan
;
100
100
..No par
$4.50 preferred
•
23
100
■
34% May-13
.10
;
preferred...
Scott Paper
;
900
;
2%
54%
r.
57'A
*56
57;
if
.
40
20
A
•
"•
■>
v> 88
><; 8
8%
7%
8
8% >8%
;>:■
A
%
13%
2'A
2'A
13%
*20%
26%
112%
♦110
,
*1
1%
*1
/:
69
26%
*68
19
7
-
Francisco
5%
900
'
""
*12%
54%-;
13%
13%
22
*20%
6
Feb
16
No par
preferred
3,100
Savage Arms Corp
8,900 V Schenley Distillers Corp-A
5 '/a % preferred
j;; 1,500 A
•
W<
*108%
No
Safeway Stores
40
•
*110%
-54%
-
>>53%
35
13%
13'A
*1
3% Jan
•
par
1
(The)_j
preferred
5%
,
>'
107
Co
JSt Louis Southwestern
.;>
..>
37
109
A
*{}
-fir
,
>•> *2%'
5%
*33%
,
2%
*13%
63
/' 5%
\
13%;
13%
13%
13%
.
6%
*61%
62%\
6
6
6'A
6<A
*61%
,
*5%
r
Mfg
Louis-San
6%
■'
6%
6%
6%
: No
Corp.^
Joseph Lead
JSt
112
*108%
^
.5>
■9%
<
10'A
-
St
Jan
Jan
9
$2.50 conv preferred
loo
-17%-17%
33%
.'
30
1,900
107
.
;
:
Jan
34%
54
<
Rustless Iron & Steel Corp
■
10%
Dec
1
Ruberoid
'
ftr
37
17%
*110%
.*•%
54
57
57
*33
34.
109
10'A
-17%4
-
*5
r T
107 > >
> 91%- 91%
13%
'8
,
91%
'
*11
*2%
5;;f:'
9%
10%
10%
111
;
37
'
*106%
17%'
•A
29
•;■>*%'
hi
*36%
107
28%
A
*5
•
.
-
>
28%
:
*2%
9%.•••'
,..
42
*38
*11
-36%
*33%
!;
x28%
>
5
-
-
600
Va
8
Dec
22%
No par
Antelope Copper Mines
Roan
* t•
18
•
'
2'A
8%
8%. ;■ 8%
91
'
/>- * A;>
> 111
> *108%
JR
55'/a
8
8%
»
112-,*
*
'
V
13*
54%;
55%
-.10%
.
'>17%
34%
>
108%
-
a7a
%
*2'/a
2%
*2
55%
34
••
36%
♦106%
92%.
*110%
109
*
•v
18
34%
*2%
.-> -5
10%
*91'/8
%
13
13%
•13
10%
17%
,
...
a7a
*
u
•
>;
V
v
13
>;> *ii'
106%
93*.
%.
34
A
37
110%:ill
az
li
4%
•
.
5
27
28
Oil
Ritter Dental
100
V
....
-
42
*38
28%
:
9%
•106'A
18%
111%
■
36%
10%
28%
»> *az
•
hi
>5
♦5
9%
37
*91%
:
•2%
5
-
106%
34%
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1
*8
8 Va
<
42
29%
hi
10%
93
*34
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17% ,>
17%'
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8 Va
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42
■i*
17%
18%
*91%
29
♦106%
10% -10%
> 18%
7%
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.•
4%
*4
4%
17%
17%
.
*
44
1 :i
az
37
106
♦41
'7
: 'r
8 Va
j3*
*5
37
106
•
-7%
*7
•
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17%
*8
?>
29%
A
*2%
*5
V,:
•
*.U
-
•
5
"•2%
-
-
4%
17%
-
8%
29 V*
■-
>
TT*
;
.
7%
'
*3%
'
•
44
*41
29 %
&
•
4
July
Aug
Richfield
1,200
'
•44
29%
*7
.;•
4%
18
*8 V
8%
♦8 V:
*41
7%
•
,
♦17%
18
*17%
+
;.
7
:
7%
>7%
,
95
4% Jan
Apr 23
34
:_10
.Common
'
*.
.
-
••
Dec
6% Apr
'
•30
75 Va
19
27% Jan
9
3% Mar
£20
85% Jan
29
29
2
38% Jan
114
113
Jan
Jan
6
110
Jan
8
47%
Dec
48%
Deo
3%
Dec
6%
Jan
8
5
111
108
Jun
113% July
COMMERCIAL & FINANCIAL CHRONICLE
THE
758
Mohday, August 31, 1942
NEW YORK STOCK RECORD
STOCKS
LOW AND HIGH SALE PRICES
•
Monday
Aug. 25
Friday
Sales for
Aug. 27
Aug. 28
$ per share
I Per share
'
Range Since January 1
NEW YORK STOCK
the Week
Thursday
Wednesday
Tuesday
Aug. 24
(Saturday
»
Range for Previous
On Basis of 100-Share Lots
Year 1941
'
Aug. 22
$ per share
f per
.,
$ per share
$ per share
share
Aug. 26
j
EXCHANGE
Shares
V
/;
,
Lowest
^
-•>/■„•■••;, Par
"Lowest
"Highest
t per share
$ per share
Highest
$ per share
$ per share
■
*A
fV
*A
*A.
3*2
1 Va
1%
1%
1%
7Va
6%
6%
6
*7%
7
V
5
1b
tV
■h
IVa
8
Z/7%
7%
1%
*6%
1
.
*6%
*1
,
7V2
7%
23 %
■
.
'
24%
24%
24%
24%
37%
38 Va
33Va
30 Va
30
30
X30'A
30%
27
26 *A
26
*27
27%
54%
54y2
53%
54
*6%
6%
6%
25
24%
24% ./■
38%
38%
38%
38%'
30 Va
31
31
*30'A
25%
25%"
54
54
54%
*6%
6%
*3%
3%
4%
4%
4%
:4%
25%
*26 *A
•
55
•
6%
23%
6%
30 *A
30%
27
27
53%
54'A
6%
6%
*6 Va
3%
4%
4%.
4'A
4%
4'A
'
;
prior preferred--—No par
cum
4%
4%
4%'
4%
4%
4%
,4^
4%
4%
4%
4'A
4%
* 4 *A
4%
,
,
,
,
Z
-
*46
♦124
*124
126
'
47
126
48
.
*45
'•
4'A
-
12'A
12'A
*1%
1 Va
4%
12%
*1%
•'■■■
1JA
10%
*10'/a
*21
25% Apr 28
33%. Jan
3
33
Dec
48% Aug
23,%
34% Jan
16
29
Dec
40
9
51
Dec
(The)
L S——No par-,
Sterling Products Inc—_
,
10
Stewart-Warner' Corp.
—
-—5
5,100
Stokely Bros & Co Inc__
2,900
Stone
•-
&
217/a
22%
25
25
24%
16%
16%
16%
4
*4Vs
4%
:
*33 Va
*
5 % Jan
3% Mar
4
(The)______ 1
*8%
35%
2%
2%
32%
9
9 Va
35%
32%
♦6
4%
:
9
-
24%
16
3%
4
32%
32%
6 %
33.%
*2%
32%
,
2%
32%
*5%
,
'
,
,
32
•
,
Sylvania Elec
4
500
'4% /
*4y2
*33
2 Va
Symington-Gould
1
10
/
8%
*8%
"7 35"
•
23a
*31%
32
.5 % %
:
32 %
7 7
•
;
800
,
7
2,200
:
100
j
,
6'A
'
Corp___
Texas Gulf
Produc'g
66%
D?c
July
Dec
12%
Dec
13% Jan
3
9 Va
Dec
July 17
1
16 Va
Nov
4% Aug
22
25 1
17
28
Z
5 /
Jan
Jan
23 V4
Jan
5*/a Aug
Dec
19%'May
16%
Dec
24%
Sep
3%
Dec
~7%
July
5%
Nov
3% May
27
'
Aug
/Dec
/ 9%
Sep
Feb
46%
Dec
34%
6
2
27
Jan
38% Aug
/ 3%
6
9% Jan 16
3
Dec
1% Dec
3
39 V« Jan
Apr 15
w'
2% July
18% July
25
5
2V» Jan:
7
21
Z
Aug 19
5
May 13
33yaMay21
Apr '20
7% May.14 7
Apr 28 :
2
26
Jan
5% Jan
Apr 11 Z
.
1% Mar
3
25%. Aug 19
30
■
9 Z
;
Dec
1%
7
Co—— _No par
_No par
—
126
Jun
3%
9
4/
—7/-10,
117%
14
5% Jan
14
5
Texas Pacific
Jan
Apr
1% Jan
Apr
32
50 / /
—'_'_5. ,7'
Texas Gulf Sulphur
Coal & Oil—,7
'
8%
50
9
126% Aug 17
15% Aug 17
3% Aug
3
l
partic preferred^
'13
i 20% Apr 30
19% Mar 11
Texas.Co (The)—7-—
J
900
Nov.
8% July
Dec
3% May 27
par
Tennessee Corp—/—^—
!
9,100
32%
*5%
:
No
Telautograph Corpw—i—/—
8%
*2%
6 Va
Z
35% Z/7Z 7
Z
2'/a
■
777
32
*5%
;5%
8%
,/ Z 35
35'A
2%
2%
6%
Dec
15% Jan
100 ^ ■7< Talcott Iric (James)—/—7—
;
33%
..*1%
Prod's Inc—
Jan
; 66 :
Jun
;
8% Jan
■
4%
9% May 20
17% Feb 13
Swift International Ltd_
1,400
''
2%
6/8
4%
33 Va
*1%
8%
5,200
16%
*3%
"
35%
*2»A
'
v/Z
8%
35'/a
8%
36
25%
4,700
...
-
Dec
3%
■
28
1
Swift .&-'Co__—w-_—_———Z.25'-
21% :
16%
■
*rZ
4
*33
3,3%
2V'a'/
*1%
•:
16%
*4%
4%
4%
4%
Z.
z
V. 7/1 ~A.'
21%
25
lGVa
2%
35%
2%
*5%-
.
25 %
38
8%
•
36/
35%
2%
6%
*4%
*1%
:'Z
200
>/:
55% Jan
3% May'28
11% May'13
Superheater Co' (The)——No par'
Superior Oil Corp__i___-„H;___/__l
Superior Steel Corp—
100
Sutherland Paper Co__—x
—10
Sweets Co of Amer (The) —12%
25
25
4
*33 Va
5
16%
3%
2%
22
*4%
■Z;Z 21%.
16%
38
*33%
10%
*20%
7"
21%
25
•*1%
2 Va
*10%
5
21%
24%
*3%
10%:
22
*4%
46"%
3% May
Z
5
5% Feb 21
Apr 28
116% Apr
'
300
5% Jan
2
Dec
4%
4
4% Jan 27
16
43
.Class A pfd (4% % cum).——100
Sunshine Mining Co———__100
700
*20%
.
22%
16%
'
1%
*10*A
5
,
-Aug
Nov
34 % July
•
*
'par,
■;
1,500
>
12%
*1
Jun
7
9
Apr
;
25 Va Mar
6
57
2
3% Jan
par
Sun Oil .CO——j.No
/
W:
1*A
*i
22
*4%
16%
4
:
r *u%
12'A
*11%
10V4
101/4
25
4
125%
4
100
'•
*21
5
:
22 %
*4%
:
.
38
1%
10%
22
22
•3%
*128
4%
1 Va
*21
22
125 */a
x4
12%
1 %
*10%
22
*3%
*11%
1%
;.,*4>A
5
*4%
*123
4V4
23% Aug 28
Aug1 1
Apr '24
42
1
Webster—j——_i.No
Studebaker Corp
Z 5,900
-Z
.46%
Mar 14
"
Z
' 7
.
*45
25%
Standard Oil of Ohio----———25
1,000
Z
Mi
46
46%
126
"4%
12%
1 %
22
5
4»/a
'7'Z
.47
.
*124
7,
4 V's
*12
11
22
10%
*21 Va
♦
12%
,
■
4%
.4%
■
126
*124
,
'
4 Va
*45
47
-
22% Mar
17% Mar
Starrett Co
18
'
*46
10%. Deo
:
Feb
1,200
1
;
Jan
4% Mar
33
4'A
4%
14
•
21% Mar
42»/4 Jan 27
4Va
.
8%' Dec
13'% Jan
1 %
..: % Dec
27% Jan
'
4%
--1 4%'
-.
6
14
20
Apr '28
30% Apr 24
6,800
:
.
Nov
1% Jan
11% Jan
Standard Oil of Calif——No par
Standard Oil of Indiana—-_—-/_25
Standard Oil of "New Jersey—
25
15,400
"r"
$7
(
Yb
7
^ Jan
.
600
"
6%: z
4»A
4'A
4%
.
Z
54%
54%
6%
4%
,
■-
6
% Apr .25
'
lA
*3'/a
•
,
,
i\ July
5 % May; 14
6
Apr 28.
500
38%
24%
38%
.
l.poo
21,300
;
24%
38%
25
38 >A
,
$4 preferred—-A-——No par
$6 cum prior preferred—No par
300
•■/
37%
23%
25
7
23%
23%
,
Standard Gas <fe El Co——No par
•
7
23 *A
^
(■
.24%
23'A
*30
1%
6*A
;7%
7
..
.
1,600
1,300
%
1%
*5%
■
22%
22%
24%
..
'I
*.4
,
1%
6*/a
23
22%
23*/a
1
7
■
.
*A
■
ax
1%
*5%
1%
6
,
Dec
30%
734% Jan 14
Apr 28
May;26 ;
6%,Jan 6
•
Dec
Jan
4% May
38"% Sep
7% July
5%; Mar
Z/--'
*6%
17%
17%
;
♦37
*37
*46%
46%
3%
*3%
*30
34
*30
*36 Va
3
46
./
3 Vs ' Z"'Z
34
*30
5%
7*36
Z '7*2%
Z'Z * 46 '
46%
46
*"a
3%/
-1
Tegas Pacific Land Trust
Texas & Pacific Ry Co——,—-100
Thatcher Mfg Co„_-7_7-:_No par
_No par,
$3.60 conv preferred—.:
3,000
500
.
38
,/Z
34
*30
.77
30
z •
.
The Fair-
■
■
100
3%/'
*3,%
:
■/.«;'Zj
34
*30
500
.
2%
*3'A
34
7
5%
,/7"
2%
*46
3%
.
::■■// !
37%
*2 Va
46
3%
*30
;
*36
Z.- '"1
6
.
17
5%
5%
'
17
'Z: 5%
16% Z
*16%
Z 'Z'Z
"Z'.:
39
*2Va
47
*3%
"
6%'
'S ; '7r
Z 6
*5%
16%
3
*45%
•
z.
3%
34
*6
39
*2%
46%-
46%
*3%
*37
3
16
6%
m
s
*5%
17 V4.,.
*6
39
'
*2%
3
6
:
16%
6%
♦6
39
*2%
Z 6
17%
17%
6%
*6
//
6%
*6
6%
"
/.Z/7
"Z/Z:7
Thermoid
Jan
3% Apr
1
30
—10
Jan
6% Aug
3% Feb
1
Dec
14
5
9'A Jan 20
Dec
10%
Dec
Jan
40
Aug
3% Jun
6
Jan
24% Nov
34
Jan
32
'Jun
2
Dec
Jan
28
38
May
4% Jan
5
Jun
3
50
7
3%
30
34% Feb 27
2
Jan
44% Sep
4% Sep
60% Sep
5% July
11
MarlO
42
15
6% Aug
July
5%
17% Aug 22
Z 36% Aug 13 77
2% May 20
7 41
—
7 7
■
5Va Aug 10
....
i—7
-
Co
$3 div.conv preferred-
:
7
-
Preferred
1
;
4% Apr '28
7% Jan
2
'
2%
*2%
*6%
*6 V4
24
*11 Va
*8%
Z
11%
•/. 8%
.
%
..
r.
90
90
25%
36%
*4 Va
8%
*89 y.i
90%
23%
l'k
%
/. 10%
11%
8Va
.11%
8%
*89 lA
90%
25%
25%
36
36
8%
25%
35%
11 Va
35%
,./
10%
8%
..
8%
400
,
/
25%
36 Va
4V
4«A
/
'
t
•
V
:
/•/■•/
4%
4'A
;
*-
4 "A
11%
11%
*HVa
12 V\
11 Va
/
7/11 '
11
10%
25%
'
4%
4%
"> %Z
'
■
35
11
90%
.
4 V'4
11%
Z
::
7
z
7 1,900
11%
.
.
.23
27% Jan
7
2
% July 29
11 Mar 27 z. Z«
7
Jun
8,
12
2
Dec
18
9% Mar
5
10% Feb
12 /
7
July 10
1.%
% Dec
*
..
Jan
Jan
11% Dec
7 85
Mar 28
95% Jan
9
/
May 20
34'A Jan
8
27%
Feb
35%
Sep
31% May 21
43% Jan
6
37% Dec
51%
Jan
Dec
5%
Jan
Jan
Bearing—r_..No par.
22
7
Corp—i—
Tfanscont'l & West'Air Inc..
.
8% Jan
7
10,
$4,50 conv preferred—. No par
Detroit Axle_:
Transamerica
3
6% Aug 19
17% July
Timken
Timken Roller
2,000
v
/ 1,600 /
11%
*11%
"HV'a
Tide Water Associated Oil—
.
100
.
.
No par
$3.50 cum preferred —-7^. _No par
7
2,500
Z /
7
25%
35% /
4'A -
.
,
2% Aug
2% July 14
5% Jun
3
Corp—No par
—
'
25%
36, ,7/-7 Z
35%
-
;Z *89'A
90%
7*25%
4'A
■
"
12%
*89%
7
Transit
Thompson-Starrett Co——.No par
2,300
V
Avenue
Thompson (J R)
j.__
Thompson Prods Inc.
•
■
10%
8%
8% Z
500
6Va
/.
Third
100
800
23% Z/Z' Z,
% - .7 77 Z: 500
*22%
%
*10%
iz
2%
6Va
23% Z :
.°o ■
90%
25%
*■
8%
*89%
6 Va
*6%
*22%
23'/a
%
*11%
Z
6%
/ 22-%
ZZ
3.
*2%
2 Vz
'
25%
36%
,:•/
11%
*12/
*
*2 V4
2% "
*6
6%
23%
•
*2%
2%
*6%
%•■•
:
11%
4%
*11%
*%8%
/
Z
25%
36 Va
23%
.
*11%
■
*21/4
6%
23%
6%
,
*23 Va
•: %
2%
2%
Jan
4
7% May 15
—5
:
28
95% Aug
09%
D6c
8
11%'Aug 2Q
4
8% Dec
17 Y*
12% Mar 17
6% Mar
10% Aug
4»/a July
,
•
.
'
12
12
'
'
1
62
*6%
*11'
*1 Z,"
1
,•
*59%
11%
...
12
25%
25%
*2%
*5%
26
*25
.
3%
2%
47
:
;•>. *5% :
6
11 %
11%
25%
25'A
2%
*24%
*2%
6
.
3
46 Vt
48
47%"
11%
6%
47'/a
5%
5%;
"
v/;. 7.
60
;
/
•
*fl
11%
*24%
25'%
3
*2%
*46
-
•
7
5%
*5% '
•-77 $6'nreferred— '-777_«Z7Z, -No par
7 ;
,
800
z/-7
1
Truax-Traer
z
20th
6,600
200
25%
Cen Fox Film
$1.50
3
100
Twin
*45 Va
47
210
7%
Z:'/-,
5%
;*5%-
V
.
7
.No
preferred
preferred—
3
56% Jun
Dec
2
Jan
60
Dec
75;
Jan
4
Feb
9%
Jan'
5
Feb
6
7% Aug 13
11 y8 Jun 12
2
12% Aug 14
5% Jun-
>
11
19% Jan
par
4
No par
—
25 % Aug
.2 7
1% Jan
2
21% Jan
.
67% Mar
30
7% Jan
par
10
2
7%
v
May
%
16
Sep
11% Aug
9% Sep
24
16 % May
19
13
3l/a Jan
48
Dec
1% July
Dec
Feb
27%
Sep
4%. Dec
Aug 14
6% Jan 29
5y# May 16
—————
%
2
iy8 July 10
% Mar 14 /
77.':
Corp—,.No par
City Rapid Tran—
Twin Coach Co~:
800
r
Corp_t_—.—r..No
Truscon Steel Co_7——7—
z^_-p
,*2%
.
5%
JO
11% '
*25
.
'■■'■'U
47
500
Z"
11%
11%
•
3
.
6%
6%
11%
11%
61
.8% Jan
Trar.sue & Williams St'l—,-No par
1
Tri-Continental Corp—_—
200
1%
,
Z 7*59%
6%
*11
46%
.5%
■
•
Z; 7.7*1
1 Va
'
*6%
25 Va
:
*2%
46
'
11%
60
11%
.
*1
63
,
11%
*11 %
'1 '//.:■
*60
6%:, ...Z
6%
11%
*11',
*11
12
11%
12%
47
11%
*11
-M
Z
63
6%
11%
■'./••;ZZT
1%
♦60
<7
*6%
7
VZ ;* IZ
1%
65
*60
;
kZ 11%
■
9%
Jan
U
*36
37
Va
36%
8%
69 Va
112
36:
8'A
112
8'A
69%
<
36
69%
*112
::
8%
;
35
8%
*112
,■./-> 8%
8'A
69%
68
112%
36
35%
'"
:
*8Vx
69%
36%
67%
68 '/a
35
•
8Va
67%
7%
68'A
112%:
*112
112'/a
*112.
112%
105%Z 105%
105%
1051/2
105 »/4
105%
105%
12 Va
12%
12%
12%
12%
12%
12%
80%
79%
80 'A
78%
78%
75%
78%
78%
78%
78
78%
*77%
78%
*77%
78 Va
77%
*22%
23%
22 %
23
22%
23
*22%
23%
22%
22%
27'A
27%
27%
28%
27%
28
27%
26%
27%
95
94%
13%
13%
105%
12%
12 %
80%
105 Va
.77
Z '
*94
:
13%
14%
14%
;
*109
•:
47
•
'
-
47'A
'
*17%
18'/»
•
47%
Z
".
*14%
Z
14%
18'A- Z
*a8a
.
12 »A
11%
6%
6%
6%
•
*2'A
3
33%
'■
5
.
86
5V'a
,
6%
•
?
3
'
»
Z
11%
%;
5%
*2%
3%
:,Z..Z
15%
3%
2%
*2%
84
34'/4
8%
•
18 Va
T
8%.
5%
51%
171%
.
*39
*5%
40
30%
*39
30%
'
4 Vz
■ 115
27
2%
32%
33C
8%:
11 Va
11%
13
27
100%
*29
29 %.
27 Va
.
••
'■
3
2%
3
*2%
84
"
.
.
8%
:z
5%
..
*29,
27
r
■
*39:
5%
Z
55
101
5%
*2%
*2%
:
Jan
73
Dec
80 y*
Jan
24%
Dec
31
3
30
6
Feb
24
4
^36% Jan
6
17
17
104% Jan
112%, Sep
16
Z
5
,
15
28% Dec
.
July 15
United Drug
5,800
100
?
United
120
-
5%
37
United
'v
32
,
11
Feb
26
% Jan
16% Jan
15
4% Apr
15
Coal
1% Apr 28
3
33% Aug 21
50
Dec
tV
.
l*/a
Jan
30%
Jan
2%
July 16
Jan
Z
2%
United Eng & Fdyx
100
1
United Fruit
2,200
15,600
*3
*2%
United
*'
1,000
14%
200
••
•80
32%
.8
50%
*7%
51'A
*171
'
84
51
.*80
:
33 lA
i
32
8
8
'
51
51
8
1,010
"/
"5%
5%
*5%
~5%
*3%
12%
*39
40
39
39
30
31
30
30
" 4%
13
3% "
12%
114"
27%.
*27
27%
*29
4
3%
12%
115
*107
26%
30%
3%
12%', 12%;
"108
114
•
-*3%
13
40
/
4%-;
13
*108
114
27
;
27
300
V
U S. Leather Co——
600
•
*29
29%
*29
29%
26%:
*26%
27%
29%
*26
26%
*
3',
.
26%
'
'%
No par
:■
Jun
6%
!%, Dec
500
500
1
Feb
3% Apr
,
30
5
*3'
72% Jan
51.
„
.
15% Aug 14
4 Va Feb 2.7
3% Jan
Jan;.7»
•17
54% July
172
4l/2 Apr' 27:
14
Jun
17
40
24% Apr
28
2% Apr 28
7
Jan'
22
preferred————a.—100
Foundry———,-20
U S Playing Card Co_x————10
U S Plywood Corp——'————1'
tU S Realty & Impt——No par
Jan
May
2
20
4%'July
.
r
•
V2 Aug 21
„
20
,
93%
,
,19
■2%
Feb.
25 %
4% Aug
Dec
Sep
105
•
Oct
31% Aug.
34% Feb
Apr
%
>
Jun
10%
:
Dec
18%
Jan
33% Aug
Dec
Marl!
July.
43-
Apr'
20%
1
Oct
Jan
9%. Jun
Dec
15%
54%
10.
Sep
-July
July,
.
69 Va
Feb*
Apr
27% Aug 18
1
Apr 27
20
4
Z
13
30
Aug 18
.Jun
4%
183
33
.
Jan
14% Nov
•
Dec
27% Aug 24
.30% Aug ,7
7
•26% Hay
;
14
114
117.
.
34% Jan 27
99.
Prior
7%
Dec
10% Jan
Dec
9%,Feb
•
Jan
37% Dec
170
Apr
4% Feb
5
34% Jan'30
.
Z
9
TJan
6% Jan
1
Dec
83„ : Dec
11% Jan 26
6% May 14
May
25
•35% Aug 19
40% May 13
•159
2%
6
Feb
87.
5% July
79
.
8% Apr'
2% Dec
:
Nov
42
^
100V» Dec
:
■
2% Apr' 17
,77% Apr
9
-
May
4%
5% Jan 16
106% Jan 17
,
Mar. 12
Dec
60
;
Sep
3% .Sep
20% May
10
"
U S Pipe ■&
700
3% Jun
3
Partic & conv cl A——x-x-No par
'1,600
Jun;' 3
;
11%* Apr' 28
.
U S Industrial Alcohol———No' par
,4;600
!
1
93% Mar. 27
1
•
10
1
t «v—
7%
,V
27
*29
ta-
v
<■
30% f
*26%
27
*iV
:
*39
5%
v
FreightCo——/-———NoparCo—————/-——20
preferred—i—j—i———-100
U S. Hoffman Mach Corp———..5
5 % % - conv preferred—50
10
26%
291%
.
27
*5%
Improv't———_No par
preferred—i-i—x^—i-^No par
$5
US Gypsum
1,500
•
/
Gas
U 6
1,200
"
51
*171
>171
C6—_r—_-„x—No par
Paperboard_—__i-r.——.--10
U S & Foreign Secur—_——_No par
/ $6 • 1st preferred—/—No par
U S Distrib Cor.p convpfd—-—,100
f
32% V
48%
United
200
2%
84
25% Jun
—————5
United Mer 81 Manu Inc
1,500
••
3%
•35-
•
55%
52..
Sep
21%.; Sep
V
Dec
1?% Dec
5% Aug 18
3% Mar 11,
Cos-i-——5
...
6% Aug 21
.
Jan
14% July
113'A* Feb
Dec
5
100
Electric
35,
15
'
20
Jan
17%
108% Dec
5
2
Jujy
44%
9% May
.' 8% Dec
,'■47% Aug 21
May.. 1
Jan 27
Jan'
—10
Dyewood Corp—i—
.
July 28
; 16,
ln'c—-5
Preferred
1,000
»
-
Mar
Sep
"
13% Aug 22
112
$3. preferred—No par
;-
:
26%
•
14%
3Va
31
►108
%
85%
81*% Feb
17
9"% Mar 10
- Carbon" ,Co—/x'j—w—^No
par
United-Carr Fast Corp—No par
United; Corporation———No par
X3%;
3%
X99»/4,100
-
14%
40
30%
27
Dec
104% Mai" 24
preferred—-———_i,100
Z/3,900
.
2%
26'/a
3%
14%
32%
7%
■
"
29%
27%
57%
Apr
7% Apr
United
400
~
4%
80% Aug 21
89
preferred——--——100
Transport
—5
United. Biscuit Co_———A__No par
/ 1,200
:
6%J;-; :./
37
*35'/a
55.Va
101
84
32%
•
51%
5'A
115
2
23"% Juh'
Un Air Lines
600
11%
*2%
•
-
•
27%.
3%
2%
,*80
33%
8'A
13%
•
conv
11% Dec
21% Aug
No par
2,700
f
:&
6VV /
3
?5
14%
.
3 VH
171.
5%
*%
26
•
*
Sep
2% July
-
20
20%
19%
20%
88 %
88%
88 »A
8.9
45
45
46 Va
*43
*62
64%
*62'/a
19%
63%
47%
46%
47%
109 Va
109%
109 Va
109%
*20
21
44%
44%
For footnotes
*20
87
44%
44%
*43%
63%
*62%
63%
*62%
63%
63%
63%
100
46%
46%
46%
46'/a
46%
33,300
109%
109%
109%
109%
2,200
:
46%
:
*20
44%
page
19%
86
45 y4
109
21
44%
see
.
19%
87%
*441/2
*62
:
■
We-
87%
47 Va
*
Z
f' ,v
19%
■
11 Va
6 'A
37
55
100%
14%
"
'
*26
>*"
*26%
.
z .3%
101
51'A
51%
30%
*3%
"107
■5Va
56
Z,/.'Z. 3%
is y4
*80%
40
30
13%
*107
z
b%
500
12,900
5%
•47'A
*18'A
y4
*35
27%
55
3%.
.
3%
171% ,171%
5%
:.
v
>
,
106%. Dec
13% Jan 29
74% Jun
United Aircraft Corp——j._——.5
111%
46%
; /
Z;.*2%:
3
*5
-:-.h :
111% Jan
6
1
,
"
47'A
6 %
39
♦26 Va
56
15;
84:
32%
•8'/4
-
■
*2%
-
"
*80'
51
50'A
'100%
2%
■
6'A
*35'/a
27%
:
3%
100%
15%
V
•z 8,900
x
Sep
Jan
79% Sep
115%, Nov
63% Jan'
preferred—100
Union Tank Car
900
;
13% /z
14%
4%
July 13
Jan
37Va
12%
/ :
May
10
Union Pacific RR Co—x_,100
1,000
Feb
;
56
3%
z
■
5%
:
*26
56 V2
*3%
*33 %
5
27%
56
100%
*81%
*170
:
35
95
>
;
I
28'A
z
*109
-A
6%
2%-
35
3%
■
6%
2%
<■
.
36
15%
*3
13%
5 '/a
•
*26
■
101
*15%
*4 -
*2%
*35%
3%
*100%
•
.
:
27 Vi
56 Va
3%
,
'
34%
*26.... :
v
6%
27%
ZZ -'••v 14%;
.
18%
..
32
11
22'A V
3,500
•
13
■
.
*46%.
18%.
e
12
77%
*92%
.
•
-
^
Dec
60
108
May 6
100% Mar 24
25
'
47
."•*17%
*109
73'A
Union Oil of California—x—
Dec
///■'7
113
108
Preferred $4.50 series—-»-No par
3,100
27
5
3
39% July
17
Apr 28
58
9
9% Jan
74% Jan
2
7% Apr
No par
Garb———No par
Union Ei Co of ,Mo $5 pfd—No par
210
.
22 y4
.
/'•"
*14% :: 14%
111%
111%
46%
i i
•
fa
1
.95
:
77%
12% ...i3y8
14%
♦109
'.
*92%
13'A
ZZ *14%
111%
47%-
;■
94
■
12%
*47
»'<»
.12
94
•
*17%
■
17%
a'li
13%
*109
47 Vi
.
17%
aa
12
Z;
111%
94%
13%
-
14%
•109
26
94>/a
13%
14%
,
lllVa
11%
95
■
!
Z/
13
Paper—
Union Carbide &
100
r
105%
•
Union Bag &
28% Jan
Under Elliott Fisher Co——No par
5,900
77%
:
.
■
s.
13
/
..
77
>
68'%
105 %
13
1,400
2,800
•■■'■:;
r
112 Z:1 112
•
•<
77%
*105%
-
8%
z
68
'
i
35%
35'A
8'/»
.
.■
759.
♦42
47
109 %
46
108%
.
109%
19%
19%
19%
20%
13,600
86 'A
87
87
87%
3,100
44%
21
;■
*20%
21
20%
20%
44%
*42
44%
44%
.44%
44%.
44%
•8%
U S
1,000
*20
20%
44%
260
Smelting Ref & Min———50
•:
—--50
Preferred
Corpl—No"par
Preferred—^^-100
U 8. TobaCco Co—————No pat
,
-1%
13% Mar
.—^——10
preferred—x—-——25
6
Mar 10
•
13% Deo
Aug 24
51% Jan 14
58
71
17
Apr 28
44% May 20
107% Jun 30
15% Apr .29
39%
*
Dec
103%
Dec
65%
69
3'.
Dec
47
19
Jan
55% j an
28%
58
43%
20% Aug 21
-89
37 *A Apr
54
1st preferred^.———10O
U S Steel
100
*41 %
Rubber Co_—
U S
Dec
Sep
Sep
Apr
76%. Jan
70%
Jan
'
105%
119% Jan 13"
24
Jan
.5
•46% Jan 14
•
19%
130
Dec
Dec
42
Mar
:
Jan
33% Jan,
*
50% Nov
'
Volume 156
fTHE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
NEW YORK STOCK
LOW
AND
HIGH
Monday
Aug. 24
Aug. 25
I per share
$ per share
$ per share
♦
3/4
Mi
Vit
%
%
*40
42
*12
12>/2
*12
12V2
*12
14 3 Ms
144
*150
154
♦150
154
150
150 '
*
%
%
*24%
-
14%
,.'
V
40
12%
♦148
'
k-
*15%
15%
.
•
f 9
*8 Mi
*22
8
/•
22 M2
116
*115
*Mi
*12
Ma
12
*52%
M2
*148
152
'
%
75' /
*56
1%
8Mi
*8 Mi
22%
23
►115 Mi
116
116'
36%
*19%
> 1%
-
•51
*19 Ma
20%
75
-21 Mi
*1%
29 M2
29%
29 Ma
28 Mz
28%
*115%
115 Mi
*115%
15 Ma
*14%
27
26 M2
1
1%'
115%
115-%
*14 Mi
15%
*14 Mi
*26 Mi
27
27
28
28
28 Mi
♦78
82
79
*120
130
;
'
28 Mi
*
;/
28
:
500
7%
19
7%
7 Ms
7 Ma
/>
19Mi. 20
'19 Ma
19 Ms
*14
115 Mi
»
r.
82
*18%
tT«
42%
12
July 15
14% Jan
5
12
par
41
May
53 Ms Aug
4
43%
pfd
142
Apr 24
150 Ma Jan
147
Apr 30
159
Mach Tool
1st
6
preferred
'28
^ V *114 Ma
115%
14
-
/
14
...
Mi
7 Ma -
140
May
157
Jan
21
133
Jan
162
Oct
IS Jan
30
2
29Mi Feb
6
15
Apr
31
20Ms Jan
3
15%
Dec
34%
11 Ma Mar
2
8 Me
Dec
15
Mar
24% Jan
7
20 Mi Aug
28
July
7 Mi Jun
-19
-
112% Jan
Mar
24
9
•
82
*78
,'19 Mi
6%
Dec
116
41
Me Jan
6
Jun
45
Aug
July
Jan
19
57
Mar
57
Mar
-57
•
T
vt./'V/
VV19%
;
$6
—No
pref
/
July 10
57
July 10
66
Aug
66
Aug
:•
12
116 Vi
25% Jan
2
•2% Jan
37
110% May
Mar
Mi
187/a
July 21
27 Mi
Dec
Sep
2Mb
Dec
Jan
28% July
114
Dec
-14
Jan
3
Jan
29
11
Dec
23 Mi
Sep
Apr
29
31 Mi Jan
20
30%
Dec
42
Jan
May 22
29% Jan
7
29
Dec
33%
Feb
96 Ms Mar
5
89
Feb
105
Nov
9
135
Mar
143
Jun
par
-
preferred
$1.25
20
IP
8
39 Ma
19
Jan
1
•
-
111M2
-
24
-26
-
••70
.
100
——
00
18% May 26
July 15
-22 Ma Jan
r
pfd—100
Vultee Aircraft Inc
** V*CO 0 0
J"*
197/a
Pow
Coal & Coke 5%
'
40
'
7 Mi
^
~
5
Vulcan Detinning Co__
Preferred
10
130
7%
'
19 Ma
~*18%
700
82
■■■
*121%
V*'
>
&
Jan
'55
/Virginian Ry Co
•
/•
7Ma'
El
Va Iron
100
Dec
May 1
July 30
>: ;30
100
Works
Ma Aug
A Jan
50
5
100
Chern—
—No par
div par tic preferred..j—100
6Cfe
Va
40
130
28 Mi
*27%
130
*7 Ma
// '
r
,
>■: .// '.
,27-
*25Ma
-
Sep
6
Jan
20
-
Va-Carblina
1,100
-
I.
Victor Chemical
300
29 Ma
64
Jan
•->
100
—.
J.
Jan
Nov
% Jan
5
preferred
Sep
16%
May
-14 Mi Jun 25
-22
-
■->
2.50
—
V.:. 5'/«
:
21 Mi
1% :.M.%
14 Mi
27 Ml
—
Jan
62
■
par
Vicks Shreve & Pac Ry
i
Jan
1%
Dec
15
share
1%
Dec
9
Vick Chemical Co___
—_
29 V
.
27.
*121 Ma
■■■■
*
75
/v.
'
115 Ma
-i
*78
"
130
7 Ma
19 Mi
7%
___
|
64
J '•M *19 Ma
28 MaV
*26%
28%
*51
=■56
•21Mi
28
:27
7 Ma
•
19
-No
1st
per
Dec
Feb
Van Raalte Co Inc
!
//'*34%
/
"•"IMa- '-•IMs
.14 Mi
*12 IMa
Van Noi
|
U Jan
%
7
v
Highest
$
t per share
Jan
44
No
400
36%
'
1
34% May 20
par
/: .; i
;
117 Ma
$ per share
1
Sales
24%
:V:
Year 1941
Lowest
100
8 Ma
*23
Range for Previous
Lots
Highest
—100
Tob
Pictures
man
Mi Apr
<
Preferred
1
—100
Vanadium Corp of Am——No par
>1,400
100-Share
Mi May 25
5
No
preferred
Vadsco
60
1
15Mi
*8
75
*19%
IMa"
,28%
*78
130
J
"
7%
8%
of
$ per share
1
—
preferred
Leaf
Universal
400
u
25
r-* 115 %
,
64 "
*56
21 Mi"'
V
28 Mi
'
:■■{.
36Mi
551
115 Ma '
Ml
82
-
8Ml
"*34Mi
115 Ma
14%
v
conv
Universal
70
10
*% %
15 Mi
*115%. 117 M2
.
*26 Ma
15%
♦121
121 Ma« 122
n,/2
if-
116
*78
Stockyards Corp
Universal-Cyclops Steel Corp
20
152
*24
'
"23Ma':"23% .'f
.75
28%
27
28 Mi
■:
79
'•
.
Va'
M*.
"■
I
64
*19%
1Mb
29 M2
$6
100
143'/2-144'/a
15
,36%
*56
•
100
«-
Basis
'
*34 Mi
64
*56
75
-15
8%
115 Mi
United Stores class A
■
52
*148
25
.14%
*34
500
12 Mi
■■■;;.•
-*24
••»'
14%
*51
64
?*56
21 Mi
*20
*
116
*51
25
♦.* 22 %
♦22
22%
*34%'.''36%
-
64
*50
22Ma
V.2
52
•'
*24 ' V
25
:
Par
United
*12
*
On
Lowest
100
44
54
144
Range Since January 1
STOCK
i?
j.
Iff
Ms
YORK
EXCHANGE
Shares
*40
*143 Ma
-
152
»
42
*39%.
,
15 Mi
8%
8
i
*115 Mi
"36%
*36
*
24%'
NEW
—-V
-
%
-
24%'
15%/15%
24
for
the Week
$ per share
!
-24-
Sales
.
Aug. 28
.
IS
■
52
52
*143% 144%
,
149
U
Ml
12%
52
*144
■■'•••
,
share
i7e
12%
149
lb V,
IS
40
*144
,/
$ per
Friday
.
n
J
'
42*
52
52 Mi
Aug. 27
share
per
*Mi
*40
*51'/4
$
%
■
»•
42
52y4
Thursday
Aug. (50
'
*
*40
*51 Vi
STOCKS
Wednesday
Wednesday
*Mi
74
II
RECORD
SALE PRICES
Tuesday
Tuesday
Aug. 22
Saturday
759
—No
preferred
Jun
120
1
4
115M4 Aug
19
24
Mar 11
138
6Ma May 22
•
13
Jan
July
10 Vi Mar 25
16% MRy 22
par
118 Mb
25
Apr
1
W
24 Ms
24 Ma
'
' 7M's
i
24%
7 Mi
7
7
♦17 Mi
18
*97 Va
102 Ms
■>
4
4
/; i .:■/■'/
•
24 Mi
25 Ms
•
/'/■■
/;//24/>
24 Mo
V
*7
24%
24%
24 Ma
■
>
//
7%
*7
: 7 Mi
to 24Mi
-
'
.
7
- -
.
3,800
Wabash
RR
400
Waldorf
System
500
24%
Walgreen Co
17 Mi
18
102 Vs
*100
4
4
*100
-
17 Mi
102 Ma
.r
37/«
'
17 Mi
>17%//
102%
*100
3 Mi
37/a
18
-*7%
18
r -*100
-"7 Ma'
•/V 18 ' v
102Ma"'
*3 Mi
3%
4 ".
18
*100
V"
—L
102%
t'3%
.
O/V;
-
38 Mi
'*15 Mi
3 6 Mb
J,
16
37%
15 Mi '•
4%
*3%
37 Ma
'/'t- *37
15%
4 ./■
'
*3 Mi
2.000
0 3 Mi
4% %
-
//" Mi
23 Mi
*15 Mi
37 Mi
37 Mi
i*. 15 Mi
-16
*37 Mi
'"37%//•
V:V 3 7 Mi
-
37/a
6%
23%
*23
6 Ms
23
*
6 Ms
6
78M«
u
*3%
%
*22%
*/i
"3 Mi
25
1
*22 Mi v.; 25 Ml
*22 Mi
25%
*25
*25
27
*15% -16 Mi
16
*15%.
16%
*12%
12%
*12Msr
13
*16%"'
*2% *
16%
16%
-v
V
''
2%
'
*17
*2%
17 Mi
*17
69%
♦65%
*66
*8% ?
8%
.16%
2%
,
C
100
Ward
a
Dec
9 Mi
Apr
15 Mi
Dec
22%
Jan
5
96 Mi
Jun
105 Mi
Jan
Dec
6%
Jan
97M2
3 Ma
.31 Mb
.13M«
2Mb
/
%
100
■>
.
Div redeem
51
•48
♦106%
41
8%
108
*13 Mi
13%
*13 Ma
104%
*97%
•14%
2% ••:• 2%
*14%
15 Mi
*2%
■
26%
*2%
*
*65 Ma
8%
'41
*56 Ma
*47
«
■
8%
12%
12%
*97%
104 Mi
i-J 15 Mi
14%
*5 Ms
■
5 Mb
%
•
%
2 Mi
:2 Ma
10.7 Mi
•15 Ms:
%.'
27 Ma
26%
15
15
15
.
69%
69%
116
117
*24
25
69%
*24
yym-
*26 Mo
27
'
►106
*43
50
*43
85
♦82%
*26 Ms
27
*106
50
*82%
85
26 -••/
v
*23
68%
j
4—
West
600
7%-.
27
*106 Mi
7%
6%
preferred
West Va Pulp & Pap
"■
100'
;8 ,600
14% >
,600
108%
*43
•
50
85
*82 Ma
*23
25
MTV >25 Ma
100
//
1
--
100
pfd—100
-**
-
85
•
*43
38
Sep
Feb
2
14
Dec
23%
Jan
5
10 Mi
Dec
10 Va
Dec
17% July
20 Mi Jan
1%
Dec
3
May 18
-
CO-——No par
-
•
/
$4.50
•
5 Ma %
preferred
conv
8 Mi July 27
63
xi9%
63
12 Mi
*12%.
•j
V
63%
*12Mi.
\
19 Ma
*63
19%
12 Mi
"/
*18Mi V 19%
*63
:
t/; 12 Mi ,-'12 Mi
"
v 19//V ./; •
63
>"-63 yy—
*12Mi/-13%'"/>-
*18 Ma
'63 i-—
63
63%
*12
M 00 vu
18 Vi
/
170
63
63
*13
>
400
19
19
1
/>-'-.13Ma
13Mi ■ '/;
*13 Mi
13 Mi
13 Mi
13 Mi
13 Ma
13 Ma
13 Ma
*13 Mi
*35/s
•lMi
/ 3 Mi
3Mi "/ V.
*2
2 Mi
*33
45'/s
— *33
:S'W-
20 Mi
/) V *18 /
2 Mi
...
•33
V
•45 Ms
*18
20 Ma
V 1%
/•> 1%
7 Ms
4 Ms
7 Ma
:•
*17%
3Mi
v.-
/.
3Mi :/
/
2Mi
•/. *2
50/
'
19'/a
-
/
1%
2%-•41
*
-
/' %
*33
^ -41?-
'/
V
/> 1%
7 Ms
•■/ 7%
4%
4%
4
61 Ma
61%
*60
116
*109%
116
*17%
18 Ms
20
*109 Ma
4
,■
*109%
17%
27
28
*
;;>-
-■
1 Mi
*18
r
411
Prior
•
*1%
1%
IMs
:
V
Dec
315
Jan
89
Nov
3 07 Mi
Jan
112
Mar
117%
Jan
61
116
9,300
] 2,100
4 Me
61
|
!
200
28
,7,100
-
*18%
-
%
16 Mi
28%
28%.
:
16 M4
*16Mi;
28 Mi
28
Z
16Mi
•
16 Mi
28 Ml
: 16
•
Mi
16%
27%
-
■
"16 Mi
16%
'
•120
125
*110
112%
45%
♦120
124
110
110
45
45
45 Ma
.'
120
120
107
108
*45
v
46
*115
124 M,,.+
111
*161
46
46
♦47
48%
♦88
95
*50
51
:v-
/
*45
■*
48
48
*47
49
"*88
95
*90
.95
51
*50 Mi
♦50%
*47
'49
90
51
/-
51
*86
■
16 %
800
>
*115 /124
20
108
ti/ K
*101* '108
40
49
*47
;
90
*50 Mi
*16 Mi
"
"
47. ■/;
'
V
16%'
124
*115
*100
:
/IV 27 Mi
>
28
'r
*60 Mi'
-
*45
*47
/ •i'Z
''
>•
47%
49
•85">,
95
5i •''•■•
51.
f
1
<
4
:
/
V
■
104 Mi
•16% Jan
3
15%
27
lMi
100
200
1Mb Aug 12
4Ms Apr 29
—
6%
Woolworth
Dec
1
8 Mi Jan
V
jft Jan
V
-
,
/
-:
27% Apr
19 % Feb
5
100
——100
Prior pfd 4Ma
Conv series_--100
Wright Aeronautical
—No par
Wrlgley (Wm) Jr (Del)
No par
preferred B
pfd 4M2% series;
-
- -
• -
-
19 Ms
10%
19
11
V
19
11
*18 Mi -.19%
11
11
19 Ms
19 Mi
10 Mi
11
!10Mi
►120%
121 Ma
►120%
121M2
*120 Mi
121 Vi
*120 M2
*6%
6 Ma
6 Mi
6 Me
6%
6 Mi
*6 Ma
»30
30
30
♦81
88
*81
30 Ms
*29%
29 Mi
88
♦81
88
9
9
14
14
9 Mi
*8%
9 Ms
Ml
14 Ml
14 Ml
14 Mi
:1MI
IMs
IMa
l7/a
♦Bid and asked prices;
ttock.
r
Cash
7
*29%
29%
88
*19
11
120%
*
6 V«
29 Ma
*81
19%
; 11
120 M2
6 Ms
•'
>
19
11
v
■
29% T
19
.7
"
11
300
•
/■'• i 1,700
1121 t: 121
'-
:
-
"*6%
V 30
88
40
6%
'
*81
j
30%;
600
1,300
!!
88
"
8%
14
6%
•81
9
121 Ma
.
sale,
s
no
IMa
sales
Special sales,
on
x
13%
13%
1%
1%
this day.
9
IMa
*8 Mi
13 MI
*
1 Mi
9
13 Mi
l7/s
'
/"■
*8%
14
•/
1%
9
*'•
400
14 Mi
IMa
1.200
!
900
Yale & Towne Mfg.
6
71
Oct
118
* In receivership,
a Deferred delivery.
bName changed from Union Premier
y Ex-rights,
if Called for redemption.
Ex-dividends,
Food Stores, Inc.
112
18
60
Aug
65
85
Dec
100
Jan
27 Mi Feb
4
2IMs
Apr
69% Jan
29
58%
Dec
15
17
10%
Jan
5
10%
Dec
17%
Jan
4Vi July 29
2 Mi
Dec
8 Ms
July
27
2%
Dec
5Mi
Jan
Jun
Apr
15Mi Jan
•
3% Jan
\
30% July
76
Jan
15% July
.
-Jan
12
41
Feb
64 Mi
22 Ms Jan
13
18%
Dec
26% July
2 Mi Jun
18
IMs
Dec
1Mb Jan
3
IMa
Apr
2% May
2% Jan
7M2 Aug 24
3%
Apr
6 Ms
53
'
Dec
6Ms Jan
20
4Mb
Dec
7
73Mi Jan
13
60 Ma
Deo
77
Sep
Sep
7
109Ma
Oct
115
Nov
6
21 Ma May
Jun
May
107
Aug
42 Mi Jun
44
Jun
80
Jun
39
Apr
22
27
25
17
9
23
24
111 Ma Jan
5
3
Apr 23
28 Mi Jun '3
78
7
Jan
12
May 14
8% Feb
19
l Ma May
No par
Jan
36% July
Apr
Apr
22
108% July
7
19 Ma
Dec
33%
Jan
29 Ms July 31
23 Ma
Dec
34%
Jan
24
Jan
16
Dec
125
July 28
08
Mar
147
117
Mar
3
85
Jan
130
21 Ms Jan
54
21
g Name
28
Jan
47% Dec
26
57 Mi Jan
Jan
Jan
Aug
July
73% Aug
75% Aug
50 Ma
5
Dec
86
15
62
25% July
Apr
122
July
50%
26
104
Dec
80
Jan
22%
Jan
/•/'.''•
13 Ma Jan
Zenith Radio Corp
Jan
Mar
34 M2
Jan
20 Mi July
Zonite Products Corp_.
103
Apr
2
-
Nov
24 Ms July
50
.
-
27 Ms
105
May
141
<
Jun
7
July
l Mi
93
28'
No par
Youngstown S & T
No par
5%% preferred series A
—100
Youngstown Steel Door——No par
/
9
■
Aug
July
10 Ma Apr
Young Spring & Wire
27 Mi
8
-
•
Dec
2
15 Ms Jan
—
Dec
28
B—.—1
.-100
Preferred
15
Z
Jan
Co————25
Yellow Truck & Coach cl
18%
'
31%
Feb
Feb
•
29 Mi Feb
81 Mi Jan
127
]
♦19
Dec 7-
sa
27
Oct
29Mi July
4 Mi July
May 25
Worthlngton* P & M (Del)—No par
• 14 Ma
* 7% preferred A
I
100 - -118M2
6%
4 Mi
28
~2
107
Apr
3Mi May 13
56
pfd—.—100 * -107 M2 Jun
1
.—-10 • - 17 M2 Aug 26
(F W) Co—i——10
20% July
Dec
3 Ma Jan
IM2 Apr 15
•
—No par
Prior
500
10
95 -»
51 Mi
:
5
Dec
6
2
lMiApr 29
/ *
40
May • 6
1—20 — >15% Apr 23
;
15
Feb
.18
- •
Woodward Iron. Co__—
'
28
3
—1
.——No par
preferred
Wisconsin El- Pow
-*109%' 116
*17 Ma- -19
preferred
preferred--
Jun 25
Mar 6
12
-
•
Nq par
Wilcox Oil & Gas Co——
$6
300
18 Ma
-
-
—
Spr Co
9
113% Jan
104 Mi Jan
18Ma Aug 13
58% May 9
12Mi July 21
22
■
Willys-Overland Motors^.—.—
1
6% conv. preferred
-—10
Wilson & Co Inc
:
No par
8,300
7 Mi ' / 7 Ms
'"."•>-4%
4%
600
!
!
,
Min
$4 conv
(•< *1%
Ms"'
Rock
VWhite Sewing Mach Corp
"' '19%
1%
7
White
900
3%
2 Mi
*33
«
61
*60
116
17%
•
4
,
62%
3%
l'/s
*1%
1%
7%
13 Mi - 13 Ma
'
•
•
19% '
*18
1%
3Mi
' •
1 Mi-- "2 Mi
lMs
7 Ms
4 Ml
18%;
^
t
>■
1%
lMs
7 Ms
62 Ma
♦109%
19%
f 3yr-..
*3Mi
•
*61 Ma
116
t-
*33
*18
2 -<:-
*174
'3 Ma
-V 4%
64
*109 M2
'
1%
4%
7
-
/'//■ *2
1 Me
1%
7 /"
2
n%
// 1%
'"
*61
*3Mi
-
>
13 Ms
'
.
Jan
99%
8
Jan
31 % Jan
;; Wheeling Steel CorpNo par
$5 conv prior pref
—No par
(The S S)
_20
—-—1
106%
8
Jan
-
'1
100., V White Dental Mfg
;
White Motor Co
a.ooo '•
"
Dec
Jan
93
"
*19Mi
88
22
41 Ma Apr 27
36
Apr 27
102
May 1
12Ma May 7
No par - -100% Jun
6
> 45
Aug 14
100
80
July 9
—
preferred—:
Jan
91
106% Jan
-
4Mi
25% July
74% Jan
104
Apr
Wheeling & L Erie Ry Co———100
85
Feb
Mar 11
—No pur
Westvaco Chlor Prod
100
July 22
25
34
- - 63% Apr 24
preferred
—»—50
109
Aug 5
Weston Elec Instrument———12.50 V* 23
Apr 28
50
*82 Ma
50
Feb
13 Ma Feb
1st
v
108% '«"". * 106 Ma 108%
85
25
,19
preferred
-
*82 Ma
8
3
Westinghouse El & Mfg_——-—50
-1,900
26 Ma
-
* -
■
*43
*82 Ma
•
697/e
VI18
-
Jan
J———100 ' - 99MaMay28
Western Auto Supply Co—
10.'- 12% May 9
Western
Maryland
—100. %, 2
Apr 28
4%. 2d preferred
—
—4—100
;
4 Ma May 20
Western Pacific 6% preferred—100 ':l,
Ma May 18
Western Union Telegraph—„—100 ' ;
23% Feb 18
Westinghouse Air Brake
No par
137/a May 27
400
25Mi
•'/- 69 Ma
? 26 Ms
8
39 Ma Jan
7M2 Aug 28
V"
——100
'
West Penn Pr Co 4 Ma %
6%
5%
1
—No par
Corp
preferred-
10
^
1U -'
26 Mi :
? 25
*23
VV 26 %
U * 106 Ma
Oct
26M4 July
59M2 May 20
No par
class A_,
70
56%
•
Indies Sugar
West Penn 7S1
30
"r 40%
rl; IX?
V, Jl,.
118
21%
65 Ma Mar
700
69 Mi
Feb
I6M1 Mar
40
fe:VV; *4'/s
1% July
-
6
3
400
117%/.?//
*115
•
25
*26 Ms
Z
108%
'./•*43"v> 50
68 Ma
117
Dec
Dec
.
6
51
H'/e % i//s 14%
-14%
Ma
29
% July
9
26Mi Jun 27
.70
par
.—No par
'
$4 conv preferred
600
26 Mi i
V.
Dec
77
Jan
20 Mi Jan
No
Eisenlohr—
Wesson Oil & Snowdrift,
300
'
68 Ma
25
*
27
109
15
117
117
*24
109
►106
26 Ma
■:i lMi Jan
6 Ma
Feb
53
15
Webster
___
13%
•
2 Mi
6Mi Aug 14
|
|
7%
J
78Mi Aug 24
'V 2 %
40 Mv
•-.r". >■
Sep
16Mi Aug 24
14% / 14%
Mi'
26%
11M2 Jan 15
lMi Jan
6
/// % *2 Me // 2%
5 Ms
■
Apr
1
*12%
-2 Mi
-
%•
,
14 Mi
«
69 Ma
*114%
25
i
25%
-15
69 Me
117
'
•-
*15
;.2 Mi
13 Ms
21
Wayne Pump Co
68
-14% /
-v,
L5% 'i
*5
27
-
14 Mi
-
:i: 2 Ms
Jun
500
W''*97%; 104%
a
Sep
1%
i
.107% 107%
127/s
6Mi
Dec
12
Co
Sep
Dec
Mi
2 4 Mi Aug
Va Jan
2
M2 Aug 13
19
Jan 1 2
25
Jun 18
25
July 14
13 Mi Jun. J6
15%
Feb
2 Mi
5
•
12%
*97%- 104 Mi
No par
-—No par.
Xl2Mi
Waukesha Motor Co—
56Ma
..107%. 107 Ms/
Pipe
;
Sep
Aug 20
4
Washington. Gas Lt
'""-*47
•
■
•
Aug 13
36
% July 25
».
V
receipts
Fdy &
i
May 14
200
17
59 V
51«
Preferred
Warren
16
Mar 23
Jun 22
25 Ma May
19
16%*
*2%
*47
.
•
Aug
May 14
-x65
No par
—
39
17
3
5
200
*65 Ma
8Ms
41V- y-y
--
$3 preferred
Apr
Mar
J 4Mi Jan
Apr 23
17
4 Mi Apr 27
No par
-
102
Feb
16
5
Pictures-
19
)
I
*16%
•
:
.
Jun
12 Mi
,
*16 1
♦
17
100
,
16
*12 Ma
•
*56%-
13%
2%
y- *15 Ma
68.
*39%.'
.
59
v-i .51
; *i06M2
16Ma
8Mb
M *39 Mi
*
104%
•15
27
V- 2Ml
:
17
107%
26%
116
•26 Mi
\ 2 Mi
'
14%
69%
*2 V2
,
13
25%
16 Ma
2%
•
»•
27 Mi
14%
*16%
<5%
♦5
5%
.*5 Ma
%
i*U ■'?
16%
*97%
104%
14%
16 Mi
50
►107
13%
*97%
*22 Mi
Bros
.
.
par
—100
*
preferred
.
,
No par
—No
tWarren Bros Co—No par
k Receipts
—w——/
1
12 Mi
.56 Ma
50
108 /•"
108
16
*12 Ma.
.41
56 Ma
51
•47
*15Ma
8 »/a
*39%
25'
27~
16
$3.85
200
i
■M/'
25 Vi
*25 Ma
68
•
1
*25%
*22 Mi
16 Ma
150
—-No par
preferred
Warner
10,100
v/: * Ma
f v «> j 2 Mi
-*22%:V25-'^
*65 M2
Mi
*Vi
it
.12 Mi
68
5
■79 OiOOO.;!
*76Va
;;
27
16
17 Mi
-t
1
'
5 Mi
-/
-
*12%
*65%
*56% i: 57%
-j,
Ms
'
5 Mi
7.9-
;
'25%
7 'to
600
-No par
Class-B-^
v'"
■
<
16 y2
•
*
/
6%
4
preferred
Baking Co cl A
200
.
22
5Mi'
■'?'' *
25
*25%
*17
8%
*39%
*56 Mi
*22 Mi
*2M22%
/• 17 Mi
// 68
*8%
V 40
40
56 Mi
'
17
18 Ma Feb
__No par
400
3Mi
*3 Mi
i'i> ;•".'-••* Mi / 0^.
;;'/'22 :•■' 22 V
Mi
12%
12%
16%
*22%
■/
•
*76%
:
•V'Tk'v
*25 // 27
27
22
••
81
.
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<
22
y*%.
.ft
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•
22
">
%
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*
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*
%
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♦76
81
♦% '
«
l
25
A::
-23
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*%
*I/2
v
v.
6
78
78
»
V
26
; 7 Ma Jan
(H) Good & W Ltd
700
15 Mi
15 Mi '/•" "'-*15 Mi -15 Mi ".-;• /I *15Mi
.,w/" 3% V 3% :V"
Mi
*%
.
'
•22%
>"
SOMiJan
,:V.V; 6Ms Mar 25
V 16
Apr 23
I
Walk
377/s"
"
*3%
'■
Mi
6%
23 Mi
*76
16
2
par
preferred with warr
Walworth Co
'
♦Ma
.
21 Ms July
par
No
;
'
*37 Ma
►
100
—_No
preferred—
'
,
v
*17 Ma
121
27
14
V15
Aug 17
7 Vi Jan
19
Dec
17 Vi
Jan
10 Mi
Dec
109%
Dec
5 Mi
Dec
12 Ml
Jan
Dec
42 Va
Jan
Dec
95
Aug
Dec
18%
Jan
;
120
Jan
37% Jan
13
29
84
Jan
14
76
12 Mi Jan
5
9 Mi
9
8
Deo
15%
Apr
1%
Apr
3%
Oct
14 Ms
July
2 Mi Jan
26
changed from General Theatres
—
Equipment. nNe»
THE COMMERCIAL & FINANCIAL CHRONICLE
760
Bond Record
New York Stock Exchange
<(»
FRIDAY
the
''"'J
..»
■■
fji
h
YEARLY
WEEKLY
-
defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range, unless the/ are the only transactions of
week, and when outside of the regular weekly range: are shown in a footnote in the week in ,which they occur. No account is taken of such sales in computing the range for the year. •'
The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
NOTICE—Prices
•
Monday, August 31, 1942
^ „f
,
iyJ
•• " •
bonds
••
■>'
"v•
i)ii)
// •' /
: U.
,
/
'■
;
or
' '/•
High
/ •
iMf'i-i'*,:" '
Government
S.
*109
A-O
109.2
*102.7
.
A Costa Rica
J-D
*110.17 110.19
109.14 110.29
Treasury 2 %s—_—,————1948-1951
2%s
—,—1951-1954
M-S
107.4
108
110.28
4fts
107.29
110.17
'
—__2.—i-1948
Treasury 2 Vis——
,—1949-1953
Treasury 2Vis
Treasury 2 Vis
Treasury. 2fts_—..——1952^1954
.-1956-1958
Treasury 2fts—
1962-1967
Treasury 2Vis —
—-1967-1972
Treasury 2fts
-1951-1953
Treasury ,2fts_<—
1952-1955
Treasury 2Vis—.
-—1954-1956
Treasury 2fts
'-——1947
Treasury 2s__L___
M-S
Mar 15 1948-1950
2s„—
Treasury
Treasury
Treasury
Treasury
Treasury
/■
•-
i—
/
w^
|
1
100.4
'3
100.13 100.16
■41
101.7
101.3
*101.5
101.7
*105.11 105.13
*104.10 104.12
104.5
—
....
..
8s ser A-1951
*-
■
-
„
101
102
103.27
104.9
*104.7
:
104.24
*100.10 100.12
100.9
Corporate Stock
*100.7
100.9 r
100.5
? 00.20
.
■
.
*100.5
100.7
..
J-D
—
*103.15 103.17
*103,13 103.15
*101.11 101.13
5fts 1st series———_-^-1969
Sfts 2d series—
1969
A-O
68 y8
68%
20
'/•'•
.
y//-,: y
;
"</
102 Vi
J-D
102%
102'/2
82
25
44
25ft
'
A
*12 ft
-
J-J
*
,
,,
sec
s
Argentine
M-N
—_—1948
Sf conv loan 4fts——______—1971
8 f extl conv loan 4s Feb_—_—1972
External
5s of
External g
s
f 6s_——
79 ft
74
A-O
J-J
M-S
J-J
'
'
75
J-D
'
'
74 ft
■V 743%
y,67ft
68
y, 67 %
' A Assenting 4s of 1904—-——1954
A Assenting 4s of 1910——--1945
•
.'15
A-O
29 V*
(Central Ry)—_•—____1952
J-D
29 ft
5
j
A 6s
'
F-A
J-D
12
38
36 ft
/
83
--
: ■;
M-S
f 4Ve-4%s_.—____—1977
3
30 ft
/
Refunding s f 4Y4-4'%s——1—1976
External readj 4%-4%s_/_——1976
External s f 4'%-43/is———1975
F-A
,
,
3%
s
40
30 ft
5s
———
M-N
•297%
18 3%
45
,64 ft
;y.;y 3
*65
WW
'
-
34
69
'
..ww'.
;
61ft
162ft
■
•
36ft
70
44
A-O
M-N
6
56
56
64ft
7
65
65 ft
18
43
106 ft
101ft
43"'-
106ft 106ft
7
93%" 97%
100% 100%
A Carlsbad
(City) 8s—__—
(Rep) External s f 7s
A Chile
.
A 7s assented
.
>—1954
1942
1942
—
AExternal sinking fund 6s
-I960
A 6s assented—_—w—_——I960
J-J
•
M-N
5
■
a 6s
A 6s
assented—..—
.-Jan 1961
sinking fund 6s___—Sep 1961
assented———Sep 1961
sinking fund 6s—
1962
AExternal
A 6s assented——
AExternal
——1962
sinking fund 6s—a-1963
A6s assented—1963
A Chile
Mortgage Bank 6 Vis—1957.
A6
Vis assented-
17%
13
18ft
13
s
60%
59
58
63
*56
A-O
•45
/*
+
,i
■
13%
19
8ft
27 /
7%
15%
12ft
56
7
15 ft
12 ft
28
7ft
15 ft
A-O
16 ft
*17%
16 ft
J-J
J-J
16%
16%
/
26
'
*8
-Vv
*8
A-O
.
:
ww
'
•
.
lift
12%
17%
18%
12%
17%
15 ft
16 ft
16%
*17%-_
'
30
18%
13 ft
•■■
y
■
1
*8
8%
93%
7ft
'
WW
ft
~8
15
5%:
ww
8ft
9ft
"
14
53/4
•
WW.
.
103%
9%
'
10%
16 ft
'
♦14
15 ft
W
y 74
F-A
W- -
■
w—
16%
16%
J-D
14 ft
M-N
15
15:/.
153% '/'■/
15ft y
.16 ■'.:/'■/
31
.
16 ft
83%
.
14 ft
10 Ys
.
16
J-D
79'%
10
68
19%
50'%
22
/•'
16
10'%
'
5-
75
A-O
83%
'
W-.
'
:•
16'%
:
16%
12
13ft
A 8s
18 ft
2
15 ft
18 ft
A-O
*16 ft
13
18 ft
18ft
;
/■:. ::■■ 8
ft.
16 ft
"
■'
■
21
1956
—;
69 ft
18
18
16 ft
16 ft
42 ft
293/4
J-J
J-J
1950
water loan—
69'%
M-N
M-N
M-S /'
/
69'%
42
ft
M-S
14
9ft
y 10%'
163%
62
3
ft
163%
71
lift' 18 ft
9
10
.11
16%
42 ft
11
32
42 ft
30 ft
10
26 ft
30'%
,
28 ft
30
3
25
30
J-J
30
293%
30
24
20%
30
A-O
63
62%
63
34
54 ft
66
17%
13%
external—
A 7s extl
17%
18 ft
1967
,
18%
16 ft
A-O
A7s municipal loan
Santa Fe external sink fund 4s
1964
A Sao Paulo (City of Brazil) 8s
1952
A6fts extl secured s f
—1957
|ASan Paulo (State) 8s
___1936
17 V*
14%
Ww.
V 7%
:
22
*8
♦14
.:'■■
■
*14%
'
13%
16%
*17%
16 ft
M-S
M-S
;
2
14 Yn
'
y nft
13 ft
*.1968
101 ft 103%
WW
12'%:
M-N
.—1966
65
57'%: 66 ft
12 ft
15 ft
A 6s external sink fund gold
65
.57%
'
25
■;:
12
J-D
J-J
;•
60
13
/
;
A-O
1952
59
V 64%
'•
WW
66'%
*103 ft 104
A-O
—1961
1966
96
45
'
70
64
ft
78
96
50
/.y- >- y
66
*55%
66
833%
.
27'%
69
49
..
12 ft
M-N
M-N
17%
16
ft
:,16%
17
17%
16%
"l
13
A 6s
;//.";
extl dollar loan
———1968.
5 A Secured s t 7s
Serbs Croats Ss Slovenes
13
17 ft
A 8s
13ft
16%
A Silesia
12%
16 VA
——1940
(Kingdom)—
secured external——
.
"
M6%
1962
*6 ft
M-N
A7s series B sec extl—,——1962
J-D
M-N
(Prov of)
extl 7s_—
A4fts assented———
18
13
15%.
13
—1961
A-O
*6%
12%
163/4
A-O
15 ft
15%
7
123/4
16 V*
16 ft
16 ft
1
14ft
16 ft
AExternal sink fund 6s—
M-N
15%
15%
8
13
16ft
33As-4-4fts
14
15%
14%
13
F-A
7%
9
4ft
7ft
7
4ft
6%
'
J-D
1955
AExternal sink fund 6s—-
M-N
1958
1958
4%
7
c6ft
.
**5 ft:
;
16 ft
15%
1960
M-S
M-S
14%
J-D
*12 ft
1951
Oct
.
f $
53
Sift
50%
ft,
12 ft
15%,
1928——
1927
$4
44
18%
A-O
-———-I960
of
96,
57 ft
A-O
y
83%
>8
15 ft
*6%
(Hukuang Ry) 5s
(Republic of)—
A 6s
*61
J-J
A7s external loan of 1926
82 ft
80
96.
*58 ft
--—-1963
*5 ft
—
3s external
de Janeiro
17ft
17'%
82
05ft
J-J
J-D
A Chilean Cons Munic 7s-
of
96
-1950
—
M
;
96
M-8
M-S
■
.——-—1968
J-D
-
A 6s
i
—1958.
Alegre (City of) 8s—.
9%
10%
75 /
;
80
A-O
/
7ft
70
F-A
J-D
6sl-——-i1940
--—1961
AGuaranteed sink fund 6s
Colombia
•
7%
6/
♦78
11%
—1961
—
-
y
—
96
A-O
J-D
AGuaranteed sink fund 6s—-1962
A 6s assented
1962
A7s assented
20
F-A
17ft.
18
36
(City of) -83—_-1946
isftyisft
16%
7%
5ft
.5%
/.
■
85
6ft8—————1953
5/;:
17%
5ft
7%
'
15%.
82
f 6s 2d ser—-1961
s
(Rep of) gold
sec
7ft
■/
IS3/*,
Rio Grande do Sul (State of)—
A 8s extl loan of 1921—
_—.-1946
AExtl
/
64
-
7%
A-O
P-A
P-A
12
-—1961
A6%s assented
Chinese
A Rio
'
64
15 ft.:
J-D
——1957
ASinking fund 6%s__
A 6s assented
/
97%
16 ft
F-A
A Extl
93%
M-N
F-A
sinking fund 6s——Feb 1961
assented-.
.—Feb, 1961
ARy external s f 6s_——Jan 1961
97
M-N
A 6s
A
*96%
97%
J-J
A Extl
'
97 ft
"■.72/: 82%
5Ye
26
7 ft
63%
13%
:y : 5
/ 5%
isft
M-8
,
Queensland (State) extl 68——1947
97 y8101%
7
A-O
>
,
1'970
Prague (City of Greater) 7y2S
100% 102 ft
8
■
♦0%
f 6s 1st ser——I960
A4fts assented
A Porto
«
987/s 100%
*100 Ye 101ft
J-J
s
A4Vas assented-—
98% 100%
"5
J-J
f 5s—
AExternal sink fund gold 8s
49ft
43
103% 107%
21
F-A
———.—1945
—_—
1961
———._———1944
1967
30-year '3s—-——-—_——1968
.
67
100ft 100ft
10-year
s
AExternal loan 7fts
:7
.
A Stabilization loan s f 7s_i——1947
67
26
7-year
2Vi8—
3V4S
2 Vis
30-year 3s_
57%
59
101ft 101 ft.
25ryear
/
6
-—1963
A4fts assented
66 y4
y*!
WW
7ft
F-A
,
;
(State of) 7s
—1947
external 7s_—
*1959
loan extl
ANat Loan extl
64 ft
7
78
5ft
4"/
63%
ft
62
'
-
(Rep of)
5 A Poland
62
80
66
y 69
y.-
8
6 ft'
7ft
■'
47%
-f-
7
70
62 ft
64
65 ft
/
M-N
J-D
M-8
A Nat
•■*■55'.
..
ww
133%:
ft
8ft
6ft .9 ft
•
—
63%'
M-N
A Peru
67'%
>
9
/
*78
(Rep) extl s f 5s ser A-1963
APernambuco
19ft ,34ft
37
"
WW.
_
J-J
1952
-
82
*80
AStatrfped assented 5s___—-_^1963
Stamp mod 3y»s ext to———1994
Ext sec ref 3V28 series B—
1967
34
*•
*5%
M-N
(City) sink fund 4fts_.——1955
APanama
36%
18ft
48
ft
99 ft
•70
A-O
—I960
(Dom of) 30-yr 4s_
%:
'5%;
J-D
s
Municipal Bank extl
.
external si $ bonds--——1984
Canada
85
/
I
>-y
'65
80
M-S
1959
sink, fund extl loan
4s
100
83
22%
12
133%
MS
7s——-__-1952
(City)
External sink fund 4V4.S——1965
/
z
■69ft
83
20
64 ft
M-S
External
85
•
....
'
993%
55
*65
Z-
'
f 5s
1958
Norway external 6s—
1943
External 6s—__—^—-4^,1944
External: sink, fund 4 Va s——,1956
Oslo
100
29
,
s
series A—
.; External
65 V*
13
v"
323%
29
69
V
i
6fts_—ri.__--1958,
f 6fts,—'_—1—1959
//V Externals f 5s-r——1957/.."
.
——.1961
stamped
66
.
fl
(State)—.
New South Wales (State)—
.
"
M-S
A Montevideo
"
74%
'
40
-
61ft
29 ft
29'%
/
'•
-■
Geraes
i ASec. external
74ft
65
38
JrJ.;
J-J
ASec external sf
80 ft
65%
:
25'
•
68 "
'
'
f '95
713%
y/ 41
'
•,
30%
A-O
A6s'
13!/a
85
82
■
:C~'i
9
*6%
J-D
?
14ft
29ft
88
24
99 ft
99
/
31
.AExternal s f 6'%s of 1926
AExternal s f 6Vis of 1927——1957
Sinking fund gold 5s___________1958
Sinking fund gold 6s___—:—.—1950
Buenos Aires (Province of)—
*76
„
J-D
*
,
.
7
68
rlOl
99
WW-
J-D
(City) s f 5s————1957
4
.
y.
WW
: :" =
"
M-N
14%
18%
*
68
..1949
-1941
._1957
'A7s
74
98
External s f 7s———————1955
Brisbane
15'%
65
'
ww".
A-O
'/-J-D
Mirias
14ft
11 -/
80
73ft
74 ft
79 ft
M-S
1955
70
8
,
*****
16 ft
:
•60
A-O
.
A-O
I
14 ft
10%
13
'•94
93
yeo'%
5 A Brazil (U S of) external 8s
65
-
i.
'6ft'
M-N
!'
14 ft.
10%
27 T '
Jlf-N
_______
10
08
'9
/.
§ A Treasury 6s of 1913 assent—1933
14ft
10%
"13
___1958
4'%s of 1928—
Belgium external 6Y2S——
External
93 ft
F-A
Z—1—-1957H
1927
13
*23
M-.V
5s of '25-1955
(Commonw'lth)
70
6ft
'84 3^
Q-J
Q-J
:
S, f extl conv loan 4s Apr———1972
Australia
*
*12ft1
J-D
S f external 4 ft
73 ft
.
61%
/;■
r~.
15 ft
85
'
-
Irish Free State extl s f 5s—__—1960
.
14ft
10 ft
*12 ft-14
A-O
f 7s 3rd series^_1957
(City) external 5s/———1958
(National Government)—
Antwerp
10ft
*121/4*13%
A-O
1st
:y
Z
i
43
'
11
*121/4* H4
J-J
Exfemal sec s f 7s 2d series—1957
t 7a
8
14ft
12%-12%
J-J
_1945
1945
A-0
AExternal
,
J-J
___1945
series—a-1957
AExternal
63
-
'84%
/ "'
■>
A4fts stamped assented—-—1943
32 ft
f 7s series D_,
/://
69 7%
••
•
*11
J-D
AJugoslayia (State Mtge Bk) 73—1957
;
42
32 ft
s
75
70
61r
•j
.
!
42
A External
15
/ M-S
(US) extl 5s of 1899 £
1945
A Assenting 5s of 1899—1945
*37
/
*67 ft
/
J-J
1
98 ft 108
*38 ft
f(7s series B_
73ft
59
"
.
J-J
Mexican Irrigation— •'
*38 Vi
t 7s eerier C.
:w—"
.
A-O
..••*• .^y; ,y
/•«.". y
(Colombia) 6fts-i—1954
Mendoza (Prov) 4s readjusted
1954
A-O
s
42
ft
63
■
••
y *
21
35%
—y:
r*—
•;
"
22%
'
wzt
10^.10 101.10
P-A
a External s
26
.
:7
'
71%
A Haiti (Republic); s f 6s series A—1952
Helsingfors* (City) extl 6fts_
196Q
103.19 104.23
J-D
M-8
A External
:
*67 ft
A6s
103f 17.104.25
M-N
_1948
.
39
33 ft /
.
MS
103.23 104.20
JW-N
-—1947
37%
72
A7s
102.22. ,103,24
(King of Norway) 4s——1968
AAntioquia (Dept) coll 7s A___:—_1945
sink fund 6s___.—
■' 48 ft
3
71%
:
Foreign Govt. & Municipal
Agricultural Mtge Bank (Colombia)-—
AGtd sink fund 6s———
20
29
45 //0
33
yi
15
20
70
AMexico
AGtd
i- Z1-. ■'
i£"-y
—
■; 45
83
102ft 115
;
.
'
100.22
*103.15 103.18
M-S
Akershus
*18ft
'
10
'V': ■•:-*17.. //—//,
J-J
'
part, paid_L—A—i—1964
part paid.:
1——
—1968
100.6
100
*103.15 103.17
;•
100.4
*100.1 .100.3'
J-D
j-d
1980
106 ft 106 ft
A-O
103%
68ft
100 ft-107
-u
*67 ft
Greek Government—.
f
—
38
77 ft
101.5
M-S
'
Transit Unification Issue—
8%
100
76 ft
*103V8
A-O
-1952
(Republic) extl 6s—
.1945
French Republic 7s Stamped-.—1949
7s unstamped--'—
L_—.11949
.Vy.,/' '/
City/
New York
'
76 ft
J-J
1945' '/;:s J-D
—
AMedellin
/
*101%
J-D'"
'■■■■
;
18 3/4
99Va 101
102% 102%
/J-
*102%
k F-A,
i
Finland
104.27
j-j
—1944-1952
.-—1945-1947
lfts series M
;
/:
*67 ft-
,
30
12 ft
*100
F-A
AEl Salvador 8s ctfs of dep.——1948
AEstonia (Republic of) 7si——1967
Corp—
3s series A______
M-N
*67 ft
' v". •;
|
100.24 101.21
el01.4 el01,4.
'
ms
j-d
—1944-1949 [
3s
Home Owners' Loan
■(
20
32 ft
ft
103.27 105.21
j-d
'——'—1944-1964
i~_
18%
17
A-O
/:
101.17
103.14 105.16
Federal Farm* Mortgage Corp—
3Vis
18%
High
yi 18 ft
A-C
r,/
5 r
100.17
,100
105.2
j-d
——
27
Customs Admin 5yis 2d series_--1961
\
t
102:i8 103.14
j-j
:
283/4
27
§ A 2d' series sink fund 5 ft s—-1940
>•
1
273/4
Low
■
■
§Alst series 5fts Of 1926_i—1940
:
106.23
107.2
103.6 '104.6
*105
J-D
■
25 ft
27
gold 5fts:
1955
F-A
gold 4fts—^-/——«i/1962 "
A-O
:
/
■
: ;
-/r; I-'
./':■./';
lADominlcan Rep Cust Ad 5fts—1942
M-S
'/r.-v
"
106
103.4
,"*103.2
M-S
—
2s——.—-Dec 15 1948-1950
Jun 15 1949-1951
2s
^—
2s——- —_Sept 15 1949-1951
2s—— —Dec. 15, 1949-1951
2s_—— ——1951-1955
—1953-1955
2s_—_—
V "
j-d
_
31
28
External
!
105.24
m-
*103.21 103.23
.'''■v.-
29ft
25 ft
External
110.18
104.31 105.25
106.17 107.7
*105.21 106.23
M-S
-
Treasury
5fts
A Czechoslovakia (Rep of)
108.16 109.31
106.11
*106.9
'
25ft
273/4
283/4
/M-S
—1977 ' 7';
debt—^
;y.'i 'ASinking fund 8s series B-
108.31
.108.16
bT"
*106.26 106.28
-
J-D
M-S
,
/
•—y:
*26 ft
y:
v—/
No.
108.15 109.25
;*110.4 -lld.6>•
••104.31.105.1,
,
J-D
M-S
—
Treasury
l07>2
external
■
APublic' wks
',
106.9
107.16 107.30
*109.15109.17/
,
1' J-D
w—4-1945
_
i/
§ADenmark 20-year extl 6s—_„_1942
-^—1958-1963' ';
..
•105.9
107.10
J-D
,
Sinking fund 5MiS—-1953
>109.10 109.12
,
*26ft
*26%
■
•> M-N
.
1951
109.5
.*108.11 108.13
J-D
7s_—
3
105.10
*107.8
M-S
—Z__11956-1959
*105.8
.
(Rep of)
.1
M-S
Treasury
'
Cuba (Republic of) 5s of 1904——-1944
External 5s of 1914 series A—1949
External loan 4fts^_——Zi—i__1949
Treasury :23%s—;——J——1945-1947
Range Since
January 1
Sold
High.
*
105.20
110.1
Bonds
104.20
108.14
110.1
Week's Range
or Friday's
Last,,
—
M-N
; 25-year gold 4fts--_—_d——^1953
,
107.7
Af-S
Friday
Sale Price Bid & Asked
F-A
103.25
110.15 110.15
__
104
102.23
6
*106.31107.1 "
.
ASinking fund 7s of 1927—
1947
Copenhagen (City) 5s——1952
;
*107.13 107.15
,
.
A-O
*103.28 103.30
A-Q
J-D
M-S
-196Q-1965'
Bank 6fts— —1947
ASinking fund 7s of 1926__—
1946
108.27
102.21
102.29 102.29
,
.
r,
J-D
;.i
AColombia Mtge
1
109.17 H0.8
102.9
Treasury. .3s-/——
——-1951-1955
Treasury 2%s.;————1955-1960
23/4s—..
'
v
M-8
Treasury
■,
106!26
J-D
Treasury 2Vis
'■"
*106.29 106.31
—1943-1947
Treasury 3 '%S——1943-1945
Treasury. 3 Vi s--.L^-.^_^.r_^-I944-1946
Treasury 3 fts—.—
___1946-1949
Treasury 3 Vafi————————1949-1952
Treasury 3s
_______—..1946-1948
,
Period
Low
114.14 116.2
Treasury J33/4S-_——-———--1946-1956'
Treasury 3 % s_
Treasury. 2%s„
■
A- a
Treasury '4s—a—_———1944-1954
Treasury 2%s___
Kr
*114.27 114.30
J-D
——,—1947-1952
Treasury 4 Vis
■
Interest
y
High
vIqw
No
-
New York Stock Exchange
Week Ended Aug, 28
January 1
Sold
Asked'
/
'■\fRahge Since
Bonds
Friday's
Low
.
,
BONDS
j" Week's Range,
Last
Sale Price Bid &
Period
;
,
Friday
.
Interest
-/
Aug. 88
' / './.
•
'•
•
,./>
,../
"">/ Nipw York Stock Exchange
Week Ended
interest"—except for income and
"and
are
—Jan
bonds—
For footnotes see page
765.
1961
46
J-J
A-O
20
*15 ft
A-O
1961
1970
15 ft
'45ft
34 ft
34 ft
11%
15
12
16
15ft
Sydney (City)
A Uruguay
s
t 5fts
46
34%
393/4
48
373/4
39
48
29 ft
37ft
65
65 ft
—1946
P-A
*75
—I960
M-N
M-N
*75
1979
M-N
57 %
-1979
M-N
54
7ft
4ft
13
63%
.
40 ft
71
71ft
65 ft
*75
1964
(Republic) extl 8s
7ift
73
76
71ft
80
74%
53ft
59 ft
($ bonds of 1937)—
External readjustmentExternal conversion
3%-4ft-4& extl conv—
—
:
57 ft
54
58
35
54
3
*513%
51%
573%
51ft
53 ft
57 ft
54
60»%
1978
J-D
readjustment—1978
3fts extl readjustment
—1984
A Warsaw (City) external 7s—
1958
F-A
58
57 ft
583%
J-J
F-A
46
46
46
41%
47
*6
7
4ft
7
*6
7ft
3%
7
4-4 ft-4 fts extl
47
*5ft-
J-D
A4fts assented—.
1958
F-A
10
1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
Volume 156
761
NEW YORK BOND RECORD
BONDS
York
New
Week
Stock
Ended
Friday
Interest
Exchange
Aug. 28
Week's Range
Last
Period
'
•
or
and Industrial
AStamped
69%
1953
J-D
*48%
Southern
1st
4s
cons
Alabama
1st
series
1948
J-D
F-A
1041/s 104%
J-D
*104% 104%
J-D
3VaS____1972
*101 Vi 102%
100 Vi
warrants
assented
3V2s
registered
*-
5s
5s
•
v
t
.
modified—
modified—
income
A5s
A-O
F-A
J-D
72%
A-O
-1998
Corp 4V2s debs—i_1951
Allied Stores
F-A
Allis-Chalmers Mfg
Am
&
Cliem
Am Internet
M-S
3 V4S
3 V*s
debentures
3s
Amer
Tobacco
27.;
63
57%.
27.
51
44
41
88%
j-j
57
57
2
47
100
101
deb
A
■
M-S
—-1962
A-O
3s_
&
Gen
Corp 5s
*
68%
V;19-
69%
Adir 1st
gtd cold
472s
19R1
F-A
*****1962
w_____i*. 1947
w
v
*„
<
9874
2
93 74 100
27
28
9
23
1945
F-A
58%
58 74
59
40
457a
163
.,10%
A-O
mtge 5s
ARef &
_Nov
gen 5s
107»/4
100% 101
J-J
1939
A-O
j-d
—1967
_*_*_/*1995
Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B__
._*-i—1955
92
Jan
tAnn Arbor 1st gold 4s_
Q-J
Ark &
Af-S;
AAnglo-Chilean Nitrate deb*.
sink
1st
fund
4s
series
C
46
Illinois Light
37aS-I.I_**Il966
F-A
New Eng
gtd 4s_*__*_1961
$ACentral of N J gen gold 5s*__*_1987
j-j
101 %
t
5s
4s
4s__
J-J
registered**
3%s_-^„_„*-1962
45%
63-
99%
46
87
A-O
a
Tii'r
•105% 105%
105%
v .18
.
-46
1-62 74?
.
.
General 4s
•105% 105%
14
104
-
A-O
110%
110% 111
;
Nov
———,—1995
91%
"V"
104
104
104
104
Conv 4s
——1955
J-D
-—I960
J-D
*100
J-J
*111%
Conv
of
1905-
gold 4s of
1910
;
1st
4s
Atl Knox & Nor
,
,—1946
1st 4Vas A
.
,
1944
'■■'t
J-J
General
1st
J-D
5s
coll tr
10-year
M-S
A——;*i
unified 4Vis
1964
May 11945
tr 5s
'
f
69
3274
**1953
M-S
.1996
'
.1946
J-J
.1989
J-J
.1989
J-J
.1940
Div
A
1st
172
122
94Vi 102
62
v.
33'
63%
13
100%
77.
':•>']
t
1
Oct
Ref &
v
;
.
1946)
1
Division
Ref &
1
1946)
Ref & gen ser D
Sep 1 1946)
•>,;.. Ref &
;
(int at
:
,
'J
A-O
:
AConv
F-A
.
"
'
V-
^
■
29VV
-
155 ;
34%
29%
Indus
Beneficial
40 V4
■
r
**
inc
mtge 472S
*44'-
A-O
3s series G—**1960
*
.
**
;
&
1950
99%
II
-""102
7V V-
M-S
gold 4%s series JJ——1—— 1961
1960
mtge 4s series RR——
mtge 4'Vis ser A
July 1970
1955
t A Boston & N Y Air L 1st 4s*
"*70
J-J
M-N
Bklyn Ediaon cons M 3V'4S_———— 1966
_*•
A-O
:'70%
F-A
&
...
79%
Af-N
>102%
11
/
F
May 1 1989
50
"'!l9
.
T..
'"29 7a
■■
v'-^;
76
94%
96
14
—1952
6%
A-O
35Vi
37
•
6Vi
f:
OC
:
r
100% 106
;
20
7
98% 108
*727a' 88%
88% 105
113
33
42
6%
15
5%
674
817B
817a
J-J
5874
58
77
77
574
78
5874
A-O
;—*—*1960
77
Guaranteed
41%
—Oct
gold 5s
:
gold
•53
"
70
8%
'6374*
gold
Guaranteed
gold
—1970
For
footnotes
page
8
104
5
.
:
111%
—1951
M-S
78
85
109%.
111% 112
13
107% 112
111% 111%
F-A
.1
108
111%
2
105
110
109% 110
*109 7b 109%
108
8%
11
62'; ;
5
41%
36%
.
3 7b
168;
15
.
41%" 42%
.
"
:
>
.,
10%
7%
11
56%
70
,
,
41%
..
33 7a
32%
,517a
48 7a
161
34
53 7a
37.,
42Va..
53
49
42
34
108
108
,,,13'/a.
•,:/
2%
,
14%
3474
53
.
37a
m-n
30%
>30
,
'
M-N
M-N
__*__*_P*1987
M-N
32%
33 74
:
ref
ref 4%s
&
ref
30%
25 7c
J-D
21%
J-D
21%
•
:
33 74
1st
5s
stpd
.
'
33
,
23
34
22%
35 7s
23
36
.4
21%
'
"
22%, 347a
26
42
24
13%
23%
53
147a
237a
258
27B
14 7b
49
21'/4
217a
1%
••>'
32
25
94
2074
27e
34
34%
52
'
39%
2074
20%
22
2274
73
327a
207,
;
50
165
53%
M-N
***1949
Railways
3 7B
33
387a
2174
J-D
4%s series A
A Conv
i§AChicago
387/b
.—May 1 2037
C
1%
*4r 45
32 7b ;
31
,
>
%*
Af-N
May 1 2037
stpd
.2,871
.
30%;
32%
32
M-N
'
gold 5s____—May 1 2037
4 72s
17%
>"'32 7b >/
M-N
&
8%
;*!-%>•■,;"T3o%V;>4.
30yp;""337«' > ,/119"
M-N
M-N
&
659
.
■;
1987
A 1st
174
53 7/b
>
,
2 74
'
F-A
part paid"*******—*—_*_r1927
1988
ACertificates
of
1952
A Conv
M-S
40
5974
28%
28
1,012
.
11
187a,'
29%
18
28
,
'
*^.*.7.
.
.
15 7B
16%
..
t-:14%
1574
794
97a
15%
15%
16%
160
10 7.
16%
;
»
.1960
gold 472S
Chicago St L & New Orleans 5s__*. I95r
Gold
3 7as
_____*7
*7. 1951
7
Af-N
-1
2%
*69%
74
J-D
.
^50
17a
S.
52
68
,..
52
J-D
627a
3%
4«
80
1
48
47
3
62%
M-S
1960
^
66%
J-D
Memphis Div 1st gold 4s^*__p^,j-. 1951..
Chic T H & Southeastern 1st 5s^*i 1960 7
guaranteed 5s_*_*_Dec 1
2%
J-D
.>•-
Income
27
23 7a
28
deposit*****
§ A Secured 4 72 s sefies A
*-irj
■
A-O
28%
J-J
1934
J A Chic R I & Pac Ry gen 4s
7 7r
59 '
68
45
54
10
55
7a
deposit***—*77—
f,: ACertificates of
..
(Chicago Union Station—
* I.
7. 1st mtge 3%s series E___**_***T1963
J-J
108
J-J
1st mtge 378S series F_***_
,lyo3
Chic & West Indiana com 4s__*—*1952
107% 10074
8
7
,10174 101%
1057a 103 %
9974 102%
J-J
95%
95
96
18
927a
1st & ref 4 74s series D—*77*.**1962
M-S
97%
96%
97%
21
947a
'*»**
1943
M7-.7—1—*—*1957
a-o
46%
47
96%
*
Chjlds Co deb 5s
Debenture
5s_;
lAChoctaw Ok & Gulf
cons
Gas & Elec
t"
A-O
5s_„—*1952
Af-N
'
4574
.
25
3
25
,25,
17
3 7iS—_**.**1966
F-A
109% 109%
10
J-D
110% 110%
1
M-N
Af-N
372s D—1971
Clearfield &
>
99%
50
49%
17
26 V»
106% 109%
109% 111
102 7s 102
109J
10974.110
F-A
112
J-J
Mahoning Ry 5s—.^*71943
36
43
,7.1st mtge 3%s7**__—.*■»'*_—*7***1967
Ciri Leb & Nor 1st. cons gtd 4s_„71942
11
*98% 100
112
3
38
108 7a ,1107a
110
112
>
99%
85
86
4274
53%
44
527a
99
77
Cleve Cin Chic & St Louis Ry-—
General
gold 4s
General
v
104% 1087a
F-A
765.
34
6%
5s series B
—7»,
,**1993
J-D
1993
J-D
J-J
Ref & impt 472s series E_—A
1977
Wab & M Div 1st 4s„*.7*7* 1991
L Div
1st
coll tr
J-J
697a
66
46%
48
45 74
M-N
*6474
65
j-j
136
46
—1990
—1970
gold 4s
65
70
78
48
106% 107 %
64
6
76
'
74 7a
1047a 108%
108
4
79%
J-D
4Vis**—-.
see
106
81.%.
*1955
4Vis
4
108 Va 1087a
A-o
1969
42%
14%
A-O
*Jan 12000
-/•
Fed inc tax**
p
A 1st
8174
109% 109%.
—1956
4%s___
Guaranteed
36
30
7%
83 7a
J-J
A-O
——July 1969
Guaranteed
J-J
5s
A 1st
1147a
-J-J
gtd 5s A—1962
5s
1077a 107%
A-O
1966
gold 4Vis_——1957
gold
28
28 7»-
87a
4172.
4%s stpd Fed inc tax
Cin
Guaranteed
38
4
39%
/
,
'*_
*1987
stpd Fed inc tax***'.
1987
A472s stamped
*_*_**___1987
§ASecured 6V2s_
:
__17
71936
22%
:loo% 100%
__
*3%
,—**1955
cons
45
30 Va
..
36 %
42%
F-A
__*__1975
1st mtge gtd 3%s series E—^^***1969
A-O
gold 5s
687$
33
1087/a
,
'4
*
I
registered
Cincinnati
•
•".'
AStpd 4s n
43 74
iVioi
••*i'>°!
37
-
80Vi
*114%
m
•
103
797a
r;
105
>!.
——**—*1934
deposit*,
—
41%
—
AGen
St
National
30
62
.
123
617a
2
32
88
AGen
98
75%
..
4s
•
Southern,
30
7 Va
'**
347a
119
;
874
J-J
series
Mtge gold 5s series A*
Cleveland Elec Ilium 3s
Guaranteed
37%
'",6. >(
30
J-J
*
Canada
21 Vi
2
'42"
_
^._^May 1 1989
Nor—^*
California-Oregon Power 4s
^
72%
80
1
E
^
Canadian
r. 'i *
u.
series
99 7/a
110% 110%
36%
'
fc
Ciri. Union Term -1st gtd
*
106
66%
*24,/a. .28%
J-J
103
667a
>
'
J-D
Af-N
i
:
2L101 • 102%
74%.
56
1007a 10274/
*_
-i
'*<•.
>' AGen 472s
7 AGen 4%s
997a 102 -;
263 '
t
7 " :
94%
F-A
series C—1967
Buffalo Rochester & Pgh Ry—, V"
Stamped
modified
(interest at
3% to 1946) due
——*-_;_1957 '7
5s
28%
119
83 7a
63%
71
37
32
J-J
l
'
22%
-
103
J-D
1981
Bldgs 5s gtd
"9
•75.';
7574
90 V4
73%
79
67
..
95%
88
25,
9174
85
90
1027a 1057a
MOl*
-r; 103
37
*100%-r_
102 Vi.
gen
7, § A Refunding gold 4s
*M08% 108 %!
Af-N
Niag Elec 3Vis
Consolidated
89%
817a
36%
37 7a
Af-N
r_May 1 1989
M02% 105%*
85%
21%
22 74
-
'
96%
89 '
36
Af-N
***1950
:
3
-74%
1
1st lien & ref 5s series B__———1957
Bush Term
85
65 7a
J-J
C
48
>98
8
74
.68%-70%
-
37
F-A
1950 '
Bklyn Union Gas 1st cons* gold 5s_1945
1st lien & ref 6s series A_*_**_*1947
Bush Terminal 1st 4s_*
1947
series
83%
2
12
99%
**'/h:;:*__
r-:
.
.
of
*1947
4 Vis
1057a 108%
11
102'' v
*••;' «_* V
Af-N
ACertificates
10
94
27
J-J
_*_May 1 1989
gold 3Vis series B---May 11989
127% 1307a
:■
M-N
Alnc
§Alst & coll 5s_;—
887a
7a
'
45
5
;
;
•
::^:poi%:.7/;i01V4 101%;
F-A
1967
1955
1st
fBurlington Cedar Rap &
22%
119
J-J
5s series A__^___-_1966
gen
/
'
/
AGen
597a
5
102 Vi 102%
"t
/
J-D
:*1944
1st
-
J-J
'
.
AGen
59
•
11
;
102% 103 M
.
•
F-A
Buffalo
53%
72%
105% 105%
102%
>
.
F-A
3V4.S series H——1965
Buffalo Gen Elec 4Vis B
■'
i AGen 4s series A
,
J-J
mtge
gold 5s**_**__
.'■
tChicago & North Western JEty—■
7-A General gold- 37as—**^
ri.l987
./
v. 372s
registered
7--.^1987
A General 4s*_71__
,7*_*___1987
49
«
97
mtge
Debenture
114
13
75
66
Y.^VACony, adjustment 5s
48
t
85
99
Bklyn Union El 1st gold 5s*——
w'
48
*70
'
'
121%
114
942
66
**
J-J
2038
-T7--
■.
Af-N
1988
J-J
A
' 54%
.
957a 100
10
97
—-——
>
•
A 1st
-
26
;/^VV*«^ve/-99
series II
1982
ARefunding gold 5s series B
ARefunding 4s series C
■.■fcv.'-A
58
J-D
mtge 3V4s series F—5——1959
5$
118
21%
78%
,
j-j
,
397a
43 7.
59
58
•'*/'•■;**'
129%
100% 104
*_
93
287a
39
34% -'48%
.X-Kih
57 Vi
105%
Consol
M
126
1007a 103 7a
6
88
94
J-J
.•
57 Vi
128% f: 128% 129
Consol
1st
1
18
103
*90
(conv)__777_*l_1997
18% " 4274
V
*9974 100
A-O
—.
1047a 10574
1027. 103%
—
20 7a
1949
.45
-
-83
:
:
——1956
debs——1—1952
1st 5s A C——.
._***__
1st gold 5s
*
.*
f
.
'
**
A-O
debentures———
Boston & Maine
21'/a
75
f'
J-J
'
Big Sandy 1st mtge 4s—
Blaw Knox 1st mtge 3Vis
7*
**
66%
44%
24%
-
41%
2V4s———1950
Loan
■
384
■
49 7*
J-J
3Vis——.——1943
Beth Steel 3 Vis conv
•
/
A-O
—-I960
,_*
95.74
91%
tChic Milw St Paul & Pac RR—
48 7a
J-D
of Pa 5s series B*——1948
cons
t
^Chicago Milwaukee & St. Paul-—
24%
140
<
f;M5%' 467.
c.
58%
78
*80%" 88
6s series B__-*_May 1966
<• s,,.
28
170
29%
287a
41VV*'
J-J
727a
>
80%
*117% 121
*114'
' >
78%;'
,
2474 3974
;
76
-
281/4
•
"297, "7':
J-J
J-J
Consol
;/''
30
32%
49 ^ M
J-J
J-J
Del
'
F-A
AGen
657$
r
—
Telep
6
15
—■ -
;■'\
Af-S
,
62%
54%
•
>•
stamped
;—-*—*-1951
Battle Creek & Sturgis 1st gtd 3s—1989
Beech Creek extl 1st gold 3Vis
1951
1st & 'ref 5s series C
'■
F-A
■A 1st
148
••24:-: ^ • - 22% 24%
I'i'M.-', >/•."%/
.
...
M-N
4s
2%s
'
■
'
Af-S
Bangor <fe Aroostock RR 1st. 5s—1943
Con ref 4s
*——1951
Bell
59%
' 28%
1
34
Af-S
,
Toledo Cin Div ref 4s A———1959
Belvidere
*
■
*
59
29%
J-D
ser.F (int at 17c to
1946) due
———1996
due
**Feb 11960
„
'~.*m
v'»
\
J-J
} AChic Ind & Louisville ref 6s A—1947
to
*—2000
due—
85
893/b
103'
;
J-J
1949
Chicago Gt West 1st 4s series A
'f/)iy
\f, 41.19*'
1
77%
62
49
.,
1st- & Jef ,5s series
Chicago & Erie
gen
Sep 1
*1949
**i
A__*_^**._r^_1971
Chicagp;& Eastern 111 RRf-v >~ 7 7 '
,
■.'.'.'i.ii'/t//'vM ••Wv'kt.'
597«
J-D
-1995
1 7c
,
^
103
_Jl*J;/^i949
*
4s registered***
1,7 AGeh' mtge inc
r
K+.J
52%
206
to
; Pgh L E & W Va System-?.
Ref gold 4s extended to—1951
S'west Div 1st. M (int at 3Vi%
'
to Jan 1 1947) due———11950
.
;
58
17s%
(int at
due—
ser C
gen
Dec
to
57 74
4s
Chicago Ind & Sou 50-year 4s*_*_*195tt
■
*_*l—1995
due-r
68
13
"
July 1948
(int at 1%
ser A
gen
Dec
due
1946)
58
98
' •
1297. 12974
102% • •10274 102%
>.;
4s_
_r__***_*iy58
1st 81 i-ef 4%s series B_*„_/__** 1977
\
,
33
102106
,,,-:5
..
_7**_
registered*****
; General
•
73
oft/i-ioovi
i.
■
"3%'s
Illinois
-'307^ ; 40
257.
103% .MM 03% 103%
A-O
gold 4s___
cons
2d consol gold 4s_*_I
.
>
'•
A-O
&
impt M 37zs series E_^.
7 Illinois division 3 Vis
*74VV83Vi
57%
667a
a..'
.——July 1948
Stamped modified bonds—
1st mtge gold
(int at 4% to
14
:08%
120
56
89
..
''105
F-A
Potts Creek Br 1st 4s_/
1047a
RR—
mtge gold 4s
Vb
I 68'/.
7*103VV
'
M-N
"
,
897a
M-S
.1996
AChicago & Alton RR ref 3s_*__
B
'
,
18%
1974
'
.1992
&
'i*1
1st
21
107
77%
66
; 54%
.7 84
M-S
+
33
*100
*_
108%
76
67 74
M-S
^**1950
R
*
104
10074 103 7a
101 :l. 10474
•
36
;
70%
-
*32%
-,,
-*
J-J
2
3
82 i-,
^101 Vi 101%
697a
J-J
12%
.
*.71950
Ref
7
& Ohio
>
(1935 issue)
;4%s (1938 issue)
deb
109% 111%
■
Baltimore
& Fibre—.
Ref & impt mtge 3 72s D__*_*.
97% 100%
63%
32%'
>
—1959
deb 3s
"
101
10374
62
101%
M-N
J-J
83
.
Chicago Burlington & Quincy RR—
.81Vi
63%
,
Atlantic Refining
77 Vi
77 557a
Af-S
^
1107a 1127.
103 7. 103 74
/
81%.,
i
Af-N
L & N coll gold 4s
Oct 1952
Atlantic & Danville Ry 1st 4s—*iSil948
Second mortgage 4s
--—1948
Atl Gulf & W I SS coll
.
Chesapeake & Ohio Ry—
General gold 472s
93
101
—
103 7.
103 74
4s_*--July 1952
cons
Paper
S f deb 4%s
92%
*101
J-J
Atlantic Coast
887,
—
17%
75
13%
14
*
A***^*.I.i948
...
Champion
10672
87%
•
*11174 111%
:
J-D
30-year 5s series B_——_1944
' 1st
104
MS
—1962
1st gold 5s*.
A L
Atl & Charl
J-D
1958
—
; Cal-Ariz 1st & ref 4Vis A
v
Jf-N
Certain-teed Prod 5%s
,
10672. 111%
10074
*91
M-N
Trans-Con Short L
23
*89
V
:
Stamped 4s———1995
Conv gold 4s of 1909——'—1955
627a
79
31
137a
'
F-A
-
A****.-1995
Adjustment gold 4s_*
r
A-O
§ ACentral RR «Se Bank'g of Ga 5s__1942
.
104 7a 10674
M8 .7
24
-
69%:
9974 101
v.
■
1774
*108 74
F-A
Through §hort L 1st gtd 4s-—*il954
Guaranteed gold
5s___^i._*r_*^*^960
,
108
34
15
63 %
*_,
»
18%
101
: 5
•
,
11
*15
'
•
9
71
...
17,..
1987
24
19
17
17%
15 7a
1107a 1127a
•18
?.
8
.
2
.
69%
187a
—
7%
r 3
3
17
,16%
697/B
-■»"> >•
•7,>.
6074
20
24
*112
_*___^_*_*_1987
Central N,Y Power
1097»
100
1st
registered**
AOeneral
S
'
Atchison Topeka & Santa Fe—
24
307a
3
5%
574
.,,>.578
24
j-j
10374 105'.
>
.105 Vi
J-J
(Del)-1957
?
'<■*
,
c.;**_
•a
57b
ii.V; ■
a-o
tACent
106
•
.
92
u
.
1774. 1874
*5 7a
j-j
Central"
105% 108%
67'
*104 78 105
M-N
•
18 74
.1
r
'_"_-***.
series C
M-N
AChatt Div pur money gold 4s*. 1951
A Mobile Div 1st
gold 5s_*«**u*. 1946
105% 108%
*,
1007a
98 74
59% " 69%
113
55
100
J A Consol gold 5s
_—_**„**_, 1945
ARef & gen 572s series B__«__*. 1959
28
10774
42%
69
28
A 1st
69. ;
1071/4 107%
.
10074 100%
j-d
.
j-d
68
93
r
50
997a 102V4
1948
Central Pacific 1st. ref gtd gold 4s*1949
Am Type Founders conv deb*,***—1950
Am Wat Wks & Elec 6s series A—_1975
*46%
; j-j
.
&9
106 7b 106%
3
M-S
M-N
101% 10474-
'i
MO.
28
107% 107%
101
,
is
11
■
,105% 1081/2
133
.
997a
107
f
:
1950
w
w
ACent Branch U P 1st gold 4s
tCentral of Georgia Ry—
?
■*
1007b 104
:»
997a
105%
957b
59
60
7174
89%
103
77
64,
49%.
..
3
817a
76%
103% 103%
107 Vi
7
J-D
1966
Co
92
9
14
10
,
--—1956
debentures—
conv
78
64
9974
32
Carriers
90
51
.72%
99
A-O
105%
88%
Celotex Corp deb
85
887*
107% 107%
«
103%
J-J
——1961
j-j
62
95 Vb
Telegraph Co.—
debentures—:
99
105% 105%
M-S
High
1087a 111%
9
88 Vb
947i
*
70%
.
".68 Vi
Af-N
Corp conv 5'/ss_——1949
American Telephone &
54
103 Vi 103 Vi
107%
MS
-—1949
70 7a
947a
Celanese^ Corp 3%s debs
*—
4s.:****;.* 1952
5 V2s
conv
70%
88%
Cart &
49%
103 Vi
J-J
95
63
57.
January 1
Low
1
j-j
62
v.
Range Since
No.
High
111% 111%
93%
:
49%
5s—'—-2030
conv
Foreign Pow deb
Amer I G
Bonds
j-d
55
'72%
•
A-O
Alleghany & West 1st gtd 4s_,
Friday's
Sold
j-j
,1954
81%
87
>57
>
A-O
—1950
—
or
Bid & Asked
472S_*****,____1960
92%
8874 :
_/**1949
—
103%
103%
.
5s modified..—iA—c—1950
,
Sale Price
1944
5s
trust
65
*457a
92n/t
—1944
1
gold
*89 Vi
A-O
.
Last
Period
*
,
t§ ACarolina Central .1st gtd 4s_P*_1949
Carolina Clinch & Ohio 4s__*__,__1965
104% 106%
,64%
trust
Collateral
92%
A-O
1946
___1946
Alleghany Corp— v
Week's Range
Interest.
,r
1067a
10472 104%
*106 78 106%
1948
Albany & Susquehanna RR 3 7as
28;
equipment trust ctfs
Coll
98% 101
102
103% 103%
J-J
A-O
;__1948,
5s
100% 1017/a
100% 100%
"
with
62%
1943
mtge
Friday
Exchange
Northern Ry del? 67as*_*1946
Can Pac Ry 4% deb stk perpetual**
Coll trust 472S
1946
72%
443/a
5s*__1943
A
cons
Stock
Ended Aug.
High
6578
1947
Albany Perfor Wrap Pap 6s_
6s
Low
50
***1946
B__
1st
Power
Week
69%
Af-S
Express coll tr gold 4s*
New York
»
1
Canadian
-1953
——
10-year deb 47is stamped
Gt
No.
High
J-D
Coll trust 4s of 1907
Ala
January
_
Companies
JAbitibi Power & Paper—
§ A5s series A unstampedAdams
Range Since
Sold
Low
Jjow
Railroad
BONDS
Bonds
Friday's
Sale Price Bid & Asked
103% 109 7a
103% 108
Cleveland
•
&
General
Pittsburgh RR—
4%s
Series
Series
C
3%s
D
series
372s
Series
.
B
37aS
B_^__
gtd
Cleve
&
gtd
gtd
*1950
1st
>
gtd 472s*
—1981
1961
F-A
*11
•
■
—
1077a
*89 V2 "
F-A
1977
B__-
*99 7a
A-O
M-N
*1948
ref 472s series
Short Line
'
^—1942
General 472s series A
-Gen
A-O
*—1942
*105
J-J
108
"
a-o
67
108
105
*_
*105
108
107%
677a
5
63%
83%
THE COMMERCIAL & FINANCIAL CHRONICLE
762
Monday, August 31,* 1942
NEW YORK BOND RECORD
BONDS
York
New
28
Week Enderl Aug.
Last
Interest
Period
Exchange
Stock
Union
series B
s
f 5s
1st
s
f 4%s series C
gtd 4s
Colo Fuel & Iron gen s f 5s
Income
5s
mtge__
AColo & South 4%s series A
Debenture
59 Tii
5914
J-D
F-A
65 %
53
63%
71'/a
59%
63
58 Va
66%
37
81
81
4
79%-
Af-N
24 %
24
24%
139
'
Af-N
91%
91'/a
94%
2,549
91 %
91Ta
9414
129
v
A-O
J-J
86%
86%
90%
108
25
1955
1st extl 4s
F-A
J-J
127
127
127
A-O
102
102
102
1937
M-N
89%
90
32
Af-N
*103%
•!.
WW
'
Hudson
102
4%s debs—.j
1
1st
108
28%
106
108
21
64
31
Riv
J-J
1st
109
109
A-O
J-J
J-J
31
Conn River Power s f 3%s A_
7
•
1962
J-D
1949
M-N
1957
F-A
44%
43 %
A-O
19
17%
19
gold 5s_
1st 5s A—
v42%
41%
*119
122% 127
8
44%
Feb 1957
1st
Manhattan
1st
F-A
110
II
*110 Va
1st
lines
43%
98% 103
61%
108
120
35 VB
45
.
118 Vb 120%
WW
137
36'A
317
V.
91%
102% 104 %
8%
48%
19
,
3%s
debentures
i:
A-O
V
1948
debentures-
—1
16
104%
104 3'4 105
40
104
1951
.
105
105
;
J-D
17
103'% 103%
J-J
1955
J-J
1956
J-J
1960
J-J
1965
Af-N
1967
M-N
1970
M-N
110%
110% 111-
.1966
M-N
107'%
107 Va
34'%
33%
33 Va
*33%
34'%
90%
106'%
108
101% 105'%
12
1954
34%
103
105
19 :•/
107 Va
90%
Cairo Bridge
106'%
10
V
104% 105
1
'"'ww
r-*h
i
w
—
J-J
V.Omaha Div
34%
34%-
32
•*
__
99% 102%
90
*86%
rnm'W,
'
90
•
'
*30
92%
84
•
V. 65
86%
86
:-;
WW
.
*86 Va
ww'i'V;
86%
Af-S
WW
48'A
47%
4
8'A
35
42%
53%
M-N
45%
44 Va
45%
142
39%
49%
/ ', 38%
46%
.
1952
'
J-J
1955
WW
F-A
;.
1950
54%
45
J-D
.1966
'.'vi": ' '*>
42%
V-
45 Va
54
'
5
43
44%
^
M-N
;
'
7
WW-'"
M-N
1953
gold 4s__
1st
'
*91 VB
-
A-O
;
54%
-
22
.
'
52
39%
.IV 31
,
48'A
58'A
38%
49
71
83
44%
4 5'A
108
81%
..
■
Ww
81%
13
50
1
'
gold 3s__
V
1951
J-J
w-
J-J
-
1951
WW-
F-A
gold 3s—1951
Gold 3%s—
58
J-J
1951 V
gold 3s
St. Louis Div &. Term
23%
•ww
!
1955
Louisville Div & Term gold 3%s_1953
26
1
101% 101%
'
1952
...
Litchfield Div 1st
-
-
.
-ww
A-O
,.1951
j
—
4%s___...
40-year
102% 104%
J-J
1958
3%s___
deb
conv
103% 104%
A-O
1956
debentures
104%
A-O
1946
debentures
101%
■
J-J
—_1951
gold 4s_
Refunding 5s__
Consolidated Edison of New York3Vis
3%S—
3 'As
trust
J-J
/"
•
—1951
w—
gold
gold 3s sterling
/ Purchased
108% 110%'
110
-5
Collateral trust gold 4s
Refunding 4s__—
108% 110
—
1981
—1951
—
gold 3Vis—
Extended
109%
106
Telep 2%s series A
Central RR—
1st gold 4s
Collateral
Oil
A
AAdj income 5s:
Illinois
108% 110%
12
109 %
*110
1961
gtd 4%s
Consolidated
V
1954
series
5s
"
'
1st
1951
1951
4s——__1943
&
3
11014 110%
J-D
1958
Ry & L 1st & ref 4'As
3%s
f
s
Gas
Co
Hudson &
i
—
Conn
3'/2S
High
*110%
31
May
1968
3'/as—
Pasump
Oil
Hudson Coal
78% 101 %
2,675
1st mtge—
Illinois Bell
Apr 1 1989
w
Conn
Stamped
Low
1944
Houston
84% 102
85
January 1
No.
1999
Co
(R)
*§A.Housatonic Ry- cons gold 5s
88
15
.
Range Since
Sold
High
Hocking Valley Ry 1st 4Vis
V4
Mackay Corp—
debs
Bonds
Friday's
"109
3 Vis
3'As series I—
mtge
or
Bid & Asked
Hoe
101 '4 103
Commonwealth Edison Co—
1st
Week's Range
Last
Sale Price
H
103 'A
A-O
Tol
Conv
■
28
84
M-S
Columbus &
w
Friday
Interest
Period
Exchange
Low
75%
1970
Sou Ohio El
deb
Stock
Ended Aug.
High
101:,4 101A
^
"A-O
1961
1st
Low
21
extl gold 4s__1948
H V
Income
65
A-O
May 1952
5s
Columbus &
Columbus &
ACommerclal
7614
64 «/a
Apr 15 1952
5s
Debenture
7514
1980
deb 5s
& E
Columbia G
76%
1945
1943
1970
gtd
1st
Coal River Ry 1st
A-O
A-O
Week
January 1
No.
York
New
Range Since
Sold
High
1972
1973
1977
gtd 5'As_
Term
Bonds
Friday's
or
Sale Price Bid & Asked
Low
Cleve
BONDS
Week's Range
Friday
ww
J-J
57%
' '•>
:
54%
50'A
3
58
53
57
v
•
40
-
^
'
WW
:'fe
51
24
46'A
39'A
■'I;!:' 1 V
45%
50
57
1
-v
41 Vi
41'A
*44
'+■
-
58
54%
.1
49'A
43
54
"
Consolidation
Consumers
Coal
f
s
5s.
Joint
i
35
29
33Ts
1
.1946
exter
107 Va
•-'v
—
33% '
49%
48
49V2
203
40%
52%
44%
44
44%
116
.37%
47%
109%
73
74%
113
23%
24
111
1st
mortgage 4%3
26
37'%
Inspiration
23 VB
33%
Interlake Iron
30
35%
2.5 %
34
23 V'4
33
A 1st
5s
30'%
34
A 1st
gold 5s series C
23 V,
33
86%
93%
90
-
Z
2
4
■
:
■
V'
4 :;■■■
•
1969
10
55%
51%
Internat
104 %
104
series
F
396
10%
lien
ref
&
Int Telep
10%
Debentures
19%
3Vt
18
2
1%
1%
122
5s___
James Frankl
!•••
1V»
93
111% 112 Va
18
& Clear
87
80%
31
ACertificates
,
101% 106 Va
80%
102
80%
102
1st 5s
1st cons gold 5s
& S
W
5s
103%
106% 108
23%
23%
110
15%
IIOV2
r
of
Railroad
1970
A-O
1965
cons
M
4%s series A—.
1957
1st
cons
M
4s series B_^—;
City
Term 1st
1st 3s_
N
inc 4V2S series A
& Erie
Y
Ohio
Div
RR extl
1st
mtge
2015/
*
50'4 1
Af-N
1971
3V4S
v
67
•-M-S
49%
*103%
—
*
J-D
101
50%
.1943
V
J-J
'
98
98%
142
*63
J-D
VI;
.1974
Af-S
V'f: 14%
108
95"
•
;II—■
70
105
98'%
52
1982
J-D
1956
claim)-.
M-N
1956
(Proof of
M-N
deposit
65%.
73
70%
36
57%
14%
99
8;v»
15%
9
7%
*3%
33/4
*3%
I
15%
15%,
3%
:
102%
>.
V
*78
' 3%
1%
102'% 102'%
;
*'•
Elec of Berg
Steel
t§AGa
Caro
Goodrich
Co cons 5s
1949
5%s
1949
J-J
Ry 5s
Oct 1 1945
J-J
Castings
(B
Ala
& Nor
1st ext 6s_i.___.1934
1st
F)
4%s
Gotham Hosiery deb 5s w
Grays Point Term
v
J-D
J-J
■
1956
J-D
1946
5s
100
80
-WW
102%
69
"
J-D
104%
Northern 4'As
series
1961
5s extended at 3%
1952
J-J
General 5s
1973
J-J
1976
J-J
series
A
C
^
,
General 4 Vis series D
w
' ^
V
;
*•
5s
t
83
5s
1
'*»«
' >
5s.
Leh
21'%
Lehigh Valley N Y
30 V'4
11
20
104V4 105
93 '/a
28
96
Gulf
1st
&
&
937/s 105%
.
80
■...
94
Lehigh
V. 4s
4
100 >% 100%
80%
81 VB
.8
••
88
79%
Gulf States Steel
Gulf States
For
s
f 4%s
footnotes
see
page
765.
57%
8%
1
6
68
69
53
53%
v
A-O
1969
Af-N
*93%
102
85%
85%
3
97%
97%
•••••
78%
78%
'V:V 5
J-D
*73 VB
98
97 Va
Dec
99%
72
88
72%
88
-'I '95
5
97%
75%
80
-
88
72'A
84
-
M-S
45%
75%
33
II:
35
13
V':
;I
70-
•
45%
80
,
"V
I'lUi'I/.V'" v.;
-•■
F-A
70
>
70 V8
F-A
'
■
75
70
1
70%
*
w
w
82%
58
13
•
80
72
8 4'A
*70%
'
j
09% 100
F-A
*82%
1974
.11974
-
*99%
V
70
58
'
70%
57
68
gtd 5s___.__1954
ext_^__.^1950
4%s
70
Valley RR—
modified
registered
2003
102
—
102
110% 110%
F-A
;v-
70 %
16
45
45'A
7
42'A
51
50%
45%
J-J
50%
5
48
53%
30%
170
'53
70'/«
Af-N.
30%
Af-N
32%
Af-N
36
35%
36%
A-O
h:
2003
1
58%
58%
59
29%
*26
2003
—
«
2003 v,
.
32%
40
37%
36
29
40%
29
71
26'%
26
29
31%
5s
stamped modified
2003
10
89
Leh Val Term Ry ext
5s__-—1
1st 50-yr 5s
gtd..
i
Liggett & Myers Tobacco 7s
Miami
gen 4s
46
38'%
32
;_1944
•
*115
A-O
4
46
116
105% 105%
~3
A-O
2
F-A
111.1% 111 %
122'% 122 v'4
M-N
*99%
1950
1949
A-O
*104
Af-S
*94
Af-S
Af-S
96
96 %
96
96
1944
A-O
*111% 111%
1951
F-A
119% 119%
61"'
114
J-J
1962
51%
6
117%
104
106
111% 115
121'% 123'%
105% 105'%
65
7%
10%
Long Dock Co 3%s ext to
95%
Long Island unified 4s
92%
Guaranteed
10
66%
74%
4s
26
46
59
92%
^1965
..1955
1949
series A
86
*
.1951
1951
debenture
5s
89%
■
-
97%'
93%
ref gold 4s.__.
stamped.....
Lorillard
5s
1961
Util 3%s series D
65
87%
J-J
45
'■•■IV1. :
'
98% 105
7
87%
*
.
1%
93 % 101 %
86 V8
J-D
,
1964
5s_._.~
stamped modified....
"4%s registered..
■
105% 108%
68
90 %
8V4
—1952
-V.'-V.'-;.
99 VB
J-J
v
stamped
4s
87%
Ship Island RR—
ref Term M 5s stpd
„
99 V«
1964
Val Harbor Term
—
87%
53
.
31%-
A-O
J-J
102
%
'Vv-y-Vw'-
stamped.l
98 V*
*60
J-J
F-A
1
stamped.l..
14
A-O
1975
98
1%
:
85%
86%
1954
1st & ref sink fund
94
1950
-2015
101%
A-O
-
1945 V"
stamped
6
1950
mtge inc 5s series A
v
1954
Little
AGen
F-A
1st & refisink fund 5s
79%
Gulf Mobile & Ohio 4s series B
•
1944
97%
8'4
103'% 106
101
*1%
A-O
.
stamped...
69%
87%
101
Af-S
.
.1965
\
-
•
Lehigh Valley Coal Co—
92%
Feb
Af-S
V
1959
106%
105% 106%
105% 105'%
79%
41
—
101
Af-S
80'/a
49
1st 5'/as B
104
*106'% 107
67%
73%
Nor
J-J
Il_
104
J-J
1
95 '4
mtge 5s series C—
*160
a-0
75%
73
Mob &
84
75%
94'%
1st
V 83
96'/4
95
Gulf
90
V
67
Lex & East
Feb
86
90
*84
<
43'%
80
95
91%
Libby McNeil & Libby 4s
;
40'%
84'%
6v
87%
B__
50
84%
3
99%
ctfs
110% 111%
*32
73
79
& West deb ctfs A
*110%
92% //
93%
ADebentures
74
108'/« 110
91%
33
AGreen Bay
64%
65%
V
14
73
73
I--■
,V 56%
V 62
A-O
81%
J-J
53%
52%
J-J
96 V4
J-J
80
/ :
109% 109%
.'
40 V,
37%
.
-
81
.
61%
71%
%
V
212
V.-.16
Cons.sink fund 4V2S series C___.1954
Lehigh & New Eng. RR 4s A__!
Lehigh & N Y 1st gtd gold 4s
95%
1946
60%
70
'61%
VVV4 -V;
.
75%
81'%
—1967
51%
45'%
96 Va
3%s series I
52%
51
75
J-J
mtge
51%
'
45
J-J
mtge 4s series H
83
52%
;
J-J
1977
Gen
sV
I).
J-J
.1947
f 4%s A
1946
series G
83%
I
s
General
mtge 4s
I 83%
*90
gold 3%s_.__1997
General 4 Vis series E
Gen
97%
.1954
"
•80%
53%
93
J-J
mtge income reg___J._..__i.1975 V
20
89%-
i
43
14
J-J
1997
Lehigh Coal & Nav
15%
108 % 108 %
100%
10
05%
J-J
.I960
to__i_
Sou
97
*91
J-J
General 5 Vis series B
47%
94%
,
J-J
,
.1953
4%'s
Great
47
,WW
Western RR—•
30%
*
;
:A-0
-.1945
5Vas series D_
96%
1
...
A-O
1961
1950
notes..
—
15
Af-S
1947
W
1st gtd 5s
__
96%
■;V?
1961
ref
5s
J A Georgia &
v
47%
_
A-O
1950 v;
1954
&
A 1st
v
Gas &
1*«
...1954
,
1st & ref sink fund 5s_^__
Gen
58 Va
%
1997
5s___!
ref. 5VaS series C-i_.
'v.
4"
2%
'
ww'"1
/
38%
31
71%
;/3%s registered.
107%
58
-WW
*
of
ACertificates
259
1%
1961
&
88% ' 98 %
15%
:
57»/4
1%
90% 101
Lautaro Nitrate Co Ltd—
106%
13%
I-.YV,
55%
1987
Coll
Lake Erie &
;97
& Glover RR-
/{Fonda Johns
§A2-4s
V:
70
56%
109%
"
Coll
1
56%
106
97%
Extended
93%
45%
'
1959
F-A
Af-S
5ALaclede Gas Lt ref & ext mtge 5s_1942 V
106%
86'4
—
*95%
*106
Af-N
57%
J-J
unguaranteed.
Lake Sh & Mich
*
35%
5
62
V
1961
184
70
?
1956
96
56%
J-J
jAKreuger & Toll.5s ctfs_...__,
104%
58%
92'4
91'4
'
85
99
__r.__1961 '
Kresge Foundation 3%
99% 100%
103
—
104
J-J
1947
1st 4s
66
"91%
100
54%
1960
...
Itoppers Co 1st mtge 3V2S..
150
56 Va
J-J
*95
98%
..1961
Kings Co Lighting 1st
"1st & ref 6%s_.
99% 103
A-O
:
*
67
104% 105%
55
Apr 1950
4s.
Plain
,
109
150
% ; /
J-J
1995
AGen mtge
'104%
M-S
- ■
102 %
-155
•
100% 100 %
J-D
103% 105
11
51%
Stamped
31
108
102
*_
;J-J
,
•
Co—
1st
102
11
F-A
deposit
Kentucky Central gold 4s
Kentucky & Ind Term 4%s
108% i:0%
"105
*M-N
1995
—1965
5s
stamped
Erie
1st
1
1950
2Vis debs
Elgin Joliet & East Ry 3 Vis—
Paso
1956
39
Af-N
1955 V
Kings County El L Si P 6s_.
Div
21'%
103% 104%
104% 104%
95%
102
*108
A-O
152
2'%
J-J
t§AK C Ft S & M -Ry ref gold 4s_1936
108% 112%
4 V2s
1948
39
l'/4
1952
1st gtd gold 4s__1990
Kansas City Southern Ry
Ref & impt 5s__.
Minn Nor Div 1st 4s
33%
■
K
Kanawha & Mich
Kansas
110
37%
J-J
40
.
A-O
Af-S
J-D
20
.
20'%
1961
17'%
1965
11%
1959
32%
M 3%s_
138
1st 4s
37,.
JSADul Sou Shore & Atl gold 5s_—1937
20%
6%
109 V4 111'A
104 % 104 %
Af-N
18%
19%
78 Va
■
__
*109% 110%
M-S
20%
20%
;•
3%
11%
v
6
*82
A-O
'J-J
J-J
'•11 V:
Laughlin Steel 3%s
&
20
1950
53
173
1947
'
*32
1961
22
2%
20%
2%
J-J
1st & ref 4s___..1951
*18%
4Vis
Tunnel
11%
1%
18%
J-J
1972
'
337
4%
3%
18i
*5
J-D
Ry 3V2s_—1962
El
99 V4 101%
22
20
1955
6%s
19%
J-J
1947
& Teleg deb gold 4%s
tAlowa Cent Ry
21%
A-O
V
.1944
6s„
J-D
2Vis
(NY)
102% 105'%
99% 102'%
VV1;:
*100% 101
J-J
..1956
Paper 5s series A & B
J-D
Dul Miss & Iron Range
Elec Auto-Lite
10
101% 101%
A-O
1956
1995
gold 4s_
& Ga
102% 103
A-O
-
1947
I
series.B
gold 4s 1995
Detroit & Mackinac 1st lien
V
19'4
24
16
M-S
mtge 3 Vis series G—1966
& ref 3s series H
1970
27%'
107%
19'4
1%
.16%
78
19%
108'% 108'%
104% 105%
19%
2.%
111%
Ed El 111
66'%
21
•108% 110
A-O
.1952
deb 4s
conv
Ref sink fund 6s series A
V
61 «4-
18
1.2%/
A-O
East Tenn Va
Af-S
106 % 107%
19
::
19
1965
East Ry
J-J
;
1st mtge 3s series F—1961
Cons Copper 4s
Internat Hydro El. deb
>
,
-a
*108%
.19'4
F-A
ret
Duquesne Light 1st
J-J
1956
1986
AAdjustment 6s. series A„.July 1952
«
101 'A 101 Va
215
57%
*101
4
deb
gtd 4s
tAInter-Great Nor 1st 6s series A_1952
103 'A 106%
101 %
•—
*107%.
F-A
A-O
J-J
Af-3
&
1st
Ry 3'AS series B—_
Inland Steel
28%
90
56'4
Aug 1955
to plan)-.!—
: ARef & impt 5s series B
Apr 1978
t ADcs M & Ft Dodge 4s ctfs
1935
fADes Plains Val 1st gtd 4V2S
1947
Term
1950
39%
28
Union
Ijit Rys Cent Amer'1st 5s B
J-J
J-J
J-J
J-J
J-J
JADenv & R G W gen 5s
A Assented
(subject
Chemical
gold 4s
JAlnd & Louisville
Jones
Detro:t
1st
Ind
VV
106% 106%
Af-N
t§ADen & R G 1st cons gold 4s_„1936
gAConsol gold 4Vis
1936
4s
& Iowa
1
/
1
J-D
94%'
35'%
<
J-J
J-D
;
1st 4V2S__1971
1969
4Vis
&
Dow
64'A
J-D
90%
.V
*28
A-O
ref 4s_;—1943
1st &
1st
Gen
79
-.V
56
1963
15
'•'•-
V
*33'%
J-D
—
Delaware Power & Light
ASecond
79
v/;v 8
1963
1st
Edison
/'VV WW*.
62% I
A
99% 101%
;V
"77 4
2828%
'w—
receipi
Delaware & Hudson
Chic St L & N O—
ref 5s .series
1st
23 7:
28%
29
J-D
.1946
1970
Dayton Union Ry 3 Vis series B—1965
&
95
* : 62
.
'
Dayton P & L 1st mtge 3s__„
Gen
62
1st & ref 4%s series C-j
Ind
D
Detroit
*
J-J
-
V F-A
1951
108
.
ref
1st gold 4s—
5
31%
35
receipi
Deposit
111 Cent and
109'/a
106
13
91% 7 '
28 Vi
i'r'V
:y:
1955
A
Western Lines
108% 111 Va'
3
31 Vb
WW
J-J
.1952
1st 5s go!
B
Springfield Div. 1st gold 3VaS____1951
108% 109%
9-:
108
91%
W—W
Deposit
receipt
A7'As series A ext
series
34%
90%
107
'
24 »; -'
V
101V8 101 VB
101 Vb
A
A 6s
8
Ww
.
108% 108 Va
J-D
receipts.
Deposit
•'
4
*109% 110'%
J-D
.1942
A
23%
80
r—''
1081/4 108%
108'A
A-O
.1955
RR
90%
M-N
1969
.1950
Cuba
r.
Co—
Power
ADeposlt
V;
(P)
Co deb 7s
debenture..
1949
Louisiana & Ark 1st 5s series A...1969
101% 105
Louisville
109% 111
Lou
&
Gas
& Elec
Jeff Bridge Co
J-J
79%.
79%
102% 104
__
96
80
3%s
1966
M-S
*109% 110
gtd 4s
1945
Af-S
*105
105%
91%
30
3
96%
92
98
91%
97%
111% 115
12
22
119% 122%
77%
84%
108 Vt 110
105
106
-
.Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
NEW
YORK BOND
763
RECORD
'
BONDS
Stock
York
New
Friday
Exchange
Week Ended Aug.
Last
Interest
Low
Louisville
Nashville
&
Sold
.
,
Range Since
High
January
No,
Low
New
1
1st
&
ref
5s
&
ref
4%s series
series
Week
4s
2003
&
ref
1st
&
A-O
D
100 Va 100%
100'/8
2003
91
A-O
...2003
ref 3 %s series E
series
A-O
2003
C_—
A-O
"
Unif mtge 3 '/as series A ext_____1950
Unif mtge 4s series B ext.
1960
Paducah & Mem.Div 4s
_____1946
85'/a
104
J-J
J-J
F-A
*
St Louis Div 2d gold 3s_._—_
1980
Mob & Montg 1st gold 4%S-_.__1945
*104%
M-S
M-S
J-J
South
Ry joint monon 4s———1952
Atl Knox & Cine Div 4s___
__1955'
93%
80 Vb
*._
86%
*109
4
101
1
104
Vi
106%
Gen
RR 4s
series A
1945
mtge 4%s series A
Manati
N
Manila
RR
(South Lines)
AManitowoc Green
western
Bay & North-
1st gtd 3 Vis
50%
*30
M-N
1959
4s__
Steam
§ A Market
St
Ry 7s
(Stamped mod)
f
s
48%
91
N
38
J-J
ext
McKesson
46'
55%
43%
"20
37Va
91
Q-A
A-O
1956
38
25
53%
30%
91
"l
^
*104'/a 105%
62
t§AMet W Side El
F-A
101
&
&
ref'3%s
Erie—See
Y
Harlem
&
1938
62
68%
Y L
63
63%
144
99 Vi
99%
15
.1950
..1950
*97%
99 Vi
M-S
M-N
95%
95%
J-J
56%
4s_———1963
*63
M-S
of N J 1st ext 5sr
1940
& Northern 1st ext 4Vis—1939
A-O
AisConsol ext 4Vis—.
104
62
ARef
33
30
M-S
27%
27
33
M-N
series
.•
.
E
gold
3Vis,
E
A;
& W Dk &
deb"- 3 Vis..
3Vis_____.__.
deb
4s___4
.1955
4s
j
>1947
5Vis„
—.1949
deb
1st & ref 5 Vis series B_
1978
5s„—1959
A General
N Y &
63
i
68
45%
18
29
37
1990
§A2d
i
6%
1%
li
9%
26
1%
•
4%
65 Vi
N
Y
65
65%
98
"
39%
41
%
142
9
1%
41
Va!,
60%
J-J
31 y2
31%
30%
,
ACertificates
19%
22
33%
21
91
131
North
M-S
"3%
3%
3%
"137
1%
1977
M-S
33 Vi
31%
33%
1,022
21 Va
33%
M-N
33%
A 1st
ref
&
A-O
,
A-O
debentures———:——.1965
A-O
-
6s
Montana
Power
1st
Fuel
Mutual
104%
25%
1%
141
33%
265
33%
32
& St L
Chatt
47
21
;.
-
37
m-n
38%
34%
35 Vi
112
112
;
.
64
f-a
a-o
f ANaugatuck RR 1st gold 4s
1954
Newark Consol Gas cons 5s__,—1948
m-n
—_
•'
■
m-s
103% 106
36
•
:
1st
—
j-d
46%
gtd 4Vis series B——.1961
RR gtd 1st 4s——1986
& Light 1st AVaS—-I960
New Orleans Great Nor 5s A——_.1983
1st ref & imp 4 Vis—1952
ref
&
1st
New
5s
series
Term
Orleans
series A„ 1952
5s
——1955
B
gtd 4s—1953
1st
t§AN O Tex & Mex n-c inc 5s
ACertificates of deposit-:
A 1st
5s
series
Alst
5s
series
of
4Vis
5Vis
Alst
of
series
ACertificates
42 Vi
\
15
.
62%
100
v
.
—-1954
:
76
15,..
*80
a-o
•
»"
i'v
■
5
ijfi
107% 107%
j-d
j-j
107%
;
■
42%
5
__
-
49%
■
49
49%
45
46 Vi
43
A-O
47
46%
43
43
5s series
States
1st
.,...2047
D____
Power
74%
21%
30%
5
23 Va
28%
4
13
28
103 Vi
51%
51
51%
J-J
uoi
'
v
120
A-O
53%
1952
M-N
60
:
3Vis
1997
J-J
1997
J-J
1998
3Vis
F-A
mtge 4s._l.__.
Gas
55
73%
72% .73%
69
1
41%
70'/a
40
42
*37%
27%
27%
68
78
14
66
73%
109
39
45%
38
50%
52
37
44%
54%
64%
64 Vi j
66
272
57%
69%
55
56
12
48
59%
55
55%
109%
27
M-S
109% 109%
110 Vi 110%
110'%
14
Short Line
1st
48
59%
108
109%
;
-
1
*102
109% 111%
102% 102 Va
__
J-J
9%
10
1st
M-N
1071
107 Vi 107%
M-S
1972
J-J
J-D
J-D
*104%
con
1st
cons
33
*109 Vi 110'/a
r
1945
5s__i
57
4%
10
M-S
.
1st gtd 5s_._._1943
■
gold 4s__^_1946
gold 5s.
1946
*__
107% 110
107
309%
102% 104%
101% 101%
1014S
M-N
105
102% 105
106%
J-J
-
H
__
F-A
J-D
'
108%
107% 108 Vi
106% 108%
108% 110%
105
105% 106%
106
*110% 110%
J-J
111
111
106 Vi
106%
103
108%
109% 112%
3
110
112%
15
104
106%
.1961
J-J
106%
1962
mtge 4Vis ser A
Coast
Gas &
"82 %
J-J
100
99% 100%
Co
1st
113
112% 113%;
25
110% 113%
110% 111
IP.
107% 111%
108% 108%
10
106 Va 109%
gold 5s
...1946
series G
El 4s
...1964
80
Ref
mtge
78% 101%
43%
Panhandle
34
41%
Paramount
37%
50
M
s
East
s
J-D
101% 102
J-D
series
3s
82%
F-A
^1938
J-J
B_.'__1966
A-O
...1966
B
•
*91 Vi
108
108
9
M-N
102% 102%
94
94%
106 % 108%
107 Va 109
108% 108%
*__;
102 Va
102
84%
94%
108'A
J-J
99
85
96
J-D
„1960
gold 3s loan ctfs
*94Vi
90
99
*101 Vi 102
f gold 4%s._._1955
P L
108%
__.__1970
Broadway Corp
f-
J-D
91
L...L.1971"
3V/4S series C
1st
*89
" J-D
ext gold 4s__1938
Tel 3%s
Paducah & 111
1st
J-D
mtge 3%s series H
.1961/
ref mtge 3Vis series I_____1966
§A2d ext gold 5s.___.___.:
'
J-D
ref
&
Pacific Tel &
107%
-
47%
40%- 45-
38
105
105
105
4
100% 103 Vi
,
..1955
F-A
66%
debentures.1956
.
'•
T
93
97'/a
48%
425
42
54 Va
54
313
46
59%
60%
310
49
Trans
Passaic
4s
deb
" ".M-S
99%
G
&
6s____
E
cons
5s_.
4s
3Vis trust
series E trust
4s
1949
66
66%
4
99%
55
58 Va
66%
98 Va
100%
"
102
...1963
F-A
106 Vi 106 Vi
J-D
:
103 Vi
1
102 Va 103'A
46
*103%
iV
102
A
102% 104 Vi
*103% 105%
J-D
M-N
1952
Pennsylvania Glass Sand 3Vis__.._1960
Ohio & Det lst'& ref 4Vis A...1977
...
118%
118
J-D
D_,_1944
...
49
40
47
'
.
C_!!__1942
ctfs
ctfs
99%
*35
" M-S
*
-£
Guaranteed 3 Vis trust ctfs
Guaranteed
'A-O
;,__1944
Pennsylvania Co—
52%
50
63
105
100 Va 105 Vi
103
—
107
105
61
72%
*68
73%
79
Pa
'
4Vis series B_
Penna
4Vis
Power
&
»
F-A
48
48%
1998
F-A
46
46
Consol
35
1
79%
78%
4s
61%
Gen
50
51
67
49%
52%
Light-3Vis.____
57 "
Cons
45%
56%
49 %
General
mtge
1948
dollar.^
3%s, series
C
B
:
May 1 1948
...
"
105% 106%
46
26
*101%
M-N
110
110%
110
110
1970
A-O
89 Vi
i960
F-A
119%
1965
-J-D
1968
J-D
101%
89
89%
108%
99
107%
12
108% 111
5
108Va 111
21.
119% 119%
4
101%
75
101
105
101% 103%
—
M-N
104
101% 101%
100% 102
106%
" M-N
"
100
100 Vi 101
*100% 102
F-A
1943
...
4s:_
series
P-A
gold 4s__
sinking fund 4%s_.
4%s series A
5s
^1969
101
J-J
__._1974
cons
General
44
gold
sterl stpd
A-O
1981
:
debentures
63%
70
52%
F-A
765.
J-J
...1946
3%s_
1st & ref mtge 3s series J
59%
.1998
registered
42 %
50%
1967
§APac RR of Mo 1st
43%
.,1998
3Vis
101
35
40
1966
....
Elec
&
debentures.
Pacific
82
58%
52%
114
99
"
J-J
1st gtd gold 4s_1948
1st & ref M 3s series K
51 Vi
73%
119
112
__
55
F-A
1964
mtge 3%s_
Pennsylvania RR
registered
100% 103%
119
*99
J-J
v.
,
..2047
Oregon-Wash RR-& Nav 4s___
—
&
5s series C
100Vi 104
J-J
■
Tcleg 4%s ext—....1944
Transmission
77%
37
73
Ref
secured 3%s,
124% 128%
Co—
mtge 3Vis
Pat &
46 Vi
69%
58
27%
J-J
ref mtge.3%s.__:._1967
&
47
48V0
page
2
30
••
39
A-O
see
70%
Va
*115
•
Q-A
•-
impt
39
2
2013
2013
footnotes
A-O
-
&
Secured
1945
impt 4Vis series A...
For
101% 104
*111%
'
4s
series C^
1
&
3Vis
-
5S
27
Ref
coll gold
2
7 Va
103
103
>
,"! M-S
impt
Parmelee
97%
registered
M-S
.
&
49%
96%
3 Vis
>
F-A
.
.
,
2047
38
96%
Mich Cent
109% 111%
103% 103 V2
Q-F
11
A-O
coll gold
8
3'/a
125 % 125 %
F-A
Q-J
Paramount Pictures
48%
series A
Hud River
108% 109%
28
125%
......1997
34%, 47%
1946
&
"«•
.
36%
.
47
47
F"-A
74%
72
10-year 3%s sec s f_
Cent
18
27
O-A
2047
1st &
105
213
3Vis
313
70%
29%
F-A
6s series B___
120% 124%
8
.
50%
Lake Shore
J-J
-
Q-J
Power N F
107% 110
36
49
F-A
109%
108
6%
110% 111
111
A-O
♦
impt
1st
78%
*35
49%
93%
76
78
49
N Y
5%
'
&
Otis Steel
72%
41%
—
15%
'
Guaranteed stpd cons 5s____i_._1946
105% 1077/a
50%
impt
10
18%
9%
92%
56
75
;
107% 107%
78
a-o
a-o
80%
F-A
Conv
14 Vi
41
117% 119%
75%
7'
76
deposit—
'
RR 4s
M-N
...
117% 120%
__
47
1956
—
gtd 4 Vis.
Central
.
2047
Ore
99% 100%
56%
26
.
.1998
Y
.
1997
Oregon RR & Nav
69%
Newport & Cincinnati Bridge Co—
General
38
103% 104
•
impt 4%s series A__
Gtd
N
A-O
&
4s
103 V4
90
''
124 Va
*74
76
Va
107
29
109 Vi 109 Vi
A-O
1st
102% 104%
19
15
*109% 109%
deposit—
of
.
,.
117% 117%
j-j
deposit—.———-
series A—
ACertificates
.
1945
registered
Oklahoma
103% 105%
..
24.;
64 Vi
124
■'
j-j
»*■
1954
D
of
.
.27.
66%
deposit—.—_____
C——————1956
ACertificates
Alst
1935
B—
ACertificates
.
& Id gold 3s____Jan 2047
ry
Pacific
a
m-n
f-a
1st
tf;'; ,29
'
a-o
Ser
(stamped
1st
111% 112 Va
93
63 Vi
"
J Pow
Pub
103
75%
109% 109%
6%
1945
AOg & L Cham
106% 109 %
i.."'"
66
w
64
'
J Junction
Orl
104 Va 106
•
of
Ontario
99% 100%
*91%
j-j
N
O & N E
64
*117%
...
109% 110%
6
*93 Vi
'
1974
Ohio Connecting Ry 1st 4s__,___„1943
Ohio Edison 1st mtge 4s_-__._:.__1965
43%
31%
-
6
102% 103
".
j-j
N
New
11%
2%
48%
46
17%
10%
7%
1%
39
O
87
35%
28
••
102% 103
'
'
.
'''
:
N
35%
*15%
11%
J-J
..1950
4%s series
Northwestern
;
England Tel & Tel 5s A—1952
New
34%
J-J
111%
82
-
104% 104%
...
j-d
1945
1945
gtd 5s___,
•
3
4Vi
54
.35%
48
'
112 vs
63
3Vis sinking fund debentures
1949
Steel 1st mtge 3s—_ 1965
gtd 4s—
12
.106% 106%
'.'.' M-S
ref ,5s.-,—..1974
registered.......^
(Minn)
!•/:':a'-;r-
National
"
13
*106% 108%
35%
F-A
1954
&
Ontario
103
England RR
110%
F-A
-
1%
42%
110% 110%
<
•
101
107% 112%
'
•
- "■
*108% 109%
104%
-1
1%
42
'
16
6%
Co—
Pacific prior lien
Northern
93%
109
11
'
"
89
34%
j-d
AConsol
85
•
98% 104
4
103% 104%
j-d
m-s
$ANew
73
1%
M-N
Ref
33%
80%
2
110
37%
debs.—.—I960
Prod
41%
84
-
Ref
v
32%
42
5
V'-1': 15
36%
3%s____———1949
Distillers
21%
5 Va
J-J
Ref
32%
24%
28
' •■*
'
111
38
m-n
series A——1978
4s
Prod 3Vis
Dairy
Nat
8%
393
81%
J-J
Ref
33%
24%
4
'
93Vi
*86%
N
Nash
3%
6
i
can-
Gen lien
1%
21%
; -455
'
i!
■'
Nat
23
84
-
.
3s
%
■
i''A;
••
•.
deb 5%-s
Ry
guarantee)
:
ACertificates of deposit.
33
ill
37
M-N
gtd 5s—1947
Gas 1st
1
109
.
J-D
T 3Vis—1963
&
"
...
J-J
4%s series B_——1955
M
Constr
Mountain States T
31%
101% 101%
..
__
J-D
ref 3%s__..1966
&
Tramways 5s ext
.— 1951
1st gtd 3%s———2000
Constr M 5s series A—-t——1955
Essex
&
33%
_
Montreal
Morris
61
6%
40%
-
mtge gold 5s
4s
32%
21%
46%
:
F-A
4%s,_————1960
mtge
23 Vi
92%
M-S
Monongahela Ry 3'As series B——1966
Monongahela W Penn Pub Serv—
1st
45
40%
6%
6%
23%
2
,
M-N
34%
267
40
1940
guaranteed gold 5s__
Northern
35
31%
33 Vi
19
45%
57%
4
139
:
(Md)
gen
cellation
31%
32%
31 Vi
F-A
.
gtd gold 4s__.1991
& Malone 1st
25%
33%
«32 V
—July 1938
4%
3rd 7s extended at
1
ref
&
Alst
.
31%
33 Vi'
75
36%
44
40%
.1943
3%s
(Wise)-1st
§ A Missouri Pacific Ry—■
Moh'k
33%
1%
M-N
1981
I
21%
31%
—
deposit
31%
102
31%
deposit——-—
of
33%
,31%
G—_——1978
5s series
ACertificates
31%
31%
-1
deposit
of
34
36%
19%
57%
J-J
-
4Northern Ohio Ry—
22%
33%
AConv gold 5lis—
—1949
A 1st & ref gold 5s series H——.1980
ACertificates
33
45
M-N
1937
^
Southern
Central
Gen
35%
7%
F-A.
deposit———
of
33%
'
34%
19
41
20
—1975
of
79
-
■Norfolk & Western Ry 1st gold 4s_1996
North Amer Co-deb 3%s_.j
i_._1949
44%
24%
52
.
32%
20%
deposit—
series
104
36%
M-N
•,
Telephone 3Vis series B_._._. 1967
■Alst
4s
5s
36 Va
35
M-S
•
mtge 4Vis series A_._,_._._1998.
AGen mtge 5s conv inc
2014
t§ANorfolk Southern RR 5s A
1961
66
•96% 100-
2
164
A-O
1978
5s series F
4V2S
Debenture
ref 5s series A——..1965
ref
35
M-N
-
1st
Pacific RR Co—
&
gold
Norfolk
.
ACertificates
36%
36%
.
Niagara-Share
»
A 1st
35%
34%
18%
6%
98
J-D
series A—Jan 1967
of
19%
20 Vi
'
A-O
§ A General gold 5s_.__.^___i
-ATerminal 1st gold 5s__,_..
•
ref
57
21
33%
J-D
14%
30%
&
35%
42
-
3'/a
2
36
ACertificates
34%
33%
-
9%
29
A 1st
35%
34
-
14
1%
34%
A General
59
64
103'/a
32%
.
69
5
29
&
52
54%
100
32%
gtd 4s___,1993
cons
14%
35%
D
6
3
34
1955
Putnam -1st
14%
J-J
—i
.
J-D
stamp
...1958
N Y Steam Corp 1st 3Vis_.__,.
1963
41 AN Y Susq & W 1st ref 5s_.
1937
RR—
series
4s_-_._,
9%
J-J
A 1st
-
/.
J-J
1992
255
1962
Missouri
■
N Y Queens El Lt & Pow 3%s_..__1965
•N Y Rys prior lien 6s
%
40-year 4s series B_„„———1962
4 Vis
60
M-N
-
-
,1954
14%
Vi
14
J-J
1st 4s
14%
J-J
1st
A
119 Vi
J-J
•
1927—,! .1967
tAN Y Ont & West ref gold 4S;
'
adjust 5s
'.'
56
*100
'
M-S
.1956
AConv
9%'- 14%
%
lien
55
60
-A-O
.1956
419
'4%
J-J
.1946
—
116
103% 104'/a
56
•M-S
.1947;
...
14%
Vi
ACum
111% 115
J-J
.1954
deb
14
14%
1%
Prior
1
111% 111 Mi.
•m-n
.1943
Impt 5s__.___1943
& Bost 1st 4%s_.l_1946
Niagara Falls Power 3Vis_.^__..__1966
Niag Lack & Ont Pow 1st -5s A__.1955
4
5s series
107% 108%
m-n
...
.1973
4§AN Y West
M-S
Prior lien
1
m-n
.1973
__j
14."
J-J
Missouri-Kansas-Texas
108% 108%
*116% 118%
F-A
.2000
:2000
series
deb
67
1
Mo Kansas & Texas
106% 108%
96
21
*%
RR
17
A-O
•
107% 108 Va
J-D
.1966
ANon-conv
;
33
Q-F
t AMissouri-IllinoIs
83
A-O
ANon-conv
Marie
J-J
A
f
2% "
6s series A
A25-year
64
71
.1957
29
'20
;
2
A 1st
ref
60
1
J-J
58%
~7% 1%
4s stamped——1938
consol 5s
1938
&
9
RR
70
37
~8%
IA 1st stamped 5s gtd as to int__ 1938
♦
99 Va 101
63
81
9
38
J-J
1934
cons
J Alst
14
62%
81
ANon-conv
104% 107
s
I'.
60
"27%
J-J
$ A 1st
100%
62%
A-O
53
7
M-S
Paul & Sault Ste
St
100
99%
99%
81
.1948
93%
17
;—1949
gold 4s_
ext
&
JMinn
100
69%
93
F-A
.1940
69
11
50-yr 5s series A—1962
ref
&
A-O
-
67
41
3
62%
*55Va
J-D
1941
3Vis.
1st
JAMinn & St Louis 5s ctfs....,
—
.19651965
106%
:
.
106% 106%
J-D
——.1939
70
v.
AMilw & State Line
'
—
A-O
ANon-conv
109% 112%
-4
-
57
1979
J AMilw Spar & N W 1st gtd 4s„—1947
A 1st
J-D
83
96%
JN Y New Haven & Hartford RR—
91%
4%
——,1951
tSAMidland
i§AMilw
58
63%
105%
5
-
———,1952
impt 4 Vis series C_.
High
71
09%
jAHarlem River & Port Chester-
Michigan Central—
Jack Lans & Sag 3Vis
1st gold 3ViS—
27
A-O
Alst & ref 4Vis series of
Michigan Consol Gas
77%
...
Erie
West 4s
:
103
'
*6
&
77 Vi
m-s
*
3
:
-
106 % 106 Vi
Ref
77%
.1947
1947
1
111% 112% v:
4s
Low
to
3Vis series D___
N Y Lack &
100%
97
;
A-O
(Chic)
N
40%
98
MS
3Vis,
January 1
No.
1947
,
J-J
Robbins
Range Since
Sold
.1978
1978
4%s series B_
Metrop Ed 1st 4Vis series D
1968
Merop Wat Sew & Drain 5Vis_—1950
&
Y
■'
*98% 100
1945
-
High
Bonds
85%
*98 Va 100
1955
5s—
Sale Price Bid & Asked
A-O
notes
Y Edison
1st lien
Q-A
series A__Apr 1940
McCrory Stores deb 3%__
79
5
50 %
A-O
—1947
6s_
series' C
,1974
,1974
Connecting RR 3 Vis A___.___1965
.1965
Dock 1st gold 4s__j
.1951
Y
N
*11
Friday's
.
1941
Shovel
30
..
A-O
Marion
series. A__
Conv 5%
108% 111%
•
82
48%
M-N
M-S
.,1953
f 5s
s
81%
J-D
—I960
fund__Feb 1 1957.
4s sink
Sugar
Manila Elec RR & Lt
Period
N Y Gas El Lt H & Pow gold 5s___1948
.1948Purchase money gold 4s....,
.1949
J-D
or
Chicago & St Louis—
debentures.^....
Y
83
M
Central
Aug. 28
mtge 3%s extended
6s
N
Maine
Ended
4Vis
1st
N
86
21
..
Last
:
90
v
Interest
105
80
vi
Week's Range
Friday
Exchange
'
5%s
Ref
•
108 Va
,
104
80
110
89 Vi
Ref
98
84
__
*65%
M-N
90%
7
,
104%
107 Vi 107
104%
3
82
104
Va
99
8
85 Vi
81%
82
18
91%
Stock
Low
New York
B__;
1st
York
High
RR—-
1st
1
•
BONDS
Bonds
Sale Price Bid & Asked
Period
28
Week's Range
or Friday's
1
88 Vi
119
94%
122
100Vi 105
107% 111%
THE COMMERCIAL & FINANCIAL CHRONICLE
764
II
YORK BOND RECORD
NEW
BONDS
New
Stock
York
Week
Last
Period
Ended Aug. 28
BONDS
Week's Range
Friday
Interest
Exchange
Sale Price
or
Bonds
Friday's
Bid & Asked
Low
New
Range Since
Sold
January
No.
High.
Low
York
Week
1
30
88 Va
87%
Stock
Friday
Interest
Exchange
Ended Aug.
Period
28
Week's Range
or Friday's
Last
Sale Price Bid & Asked
Low
High
A-O
87%
General 4Vis series D__
1981
A-O
97 V4
96%
97 %
16
1984
J-J
96%
97
30
A-O
85%
86%
31
81%
1947
u-s
1960
A-O
1962
A-O
107%
1979
J-J
106
6s
1947
J-J
debentures
Bonds
Sold
No.
High
107% 107%
Range Since
January
Low
1
High
16
106% 108 Va
1
103% 106%
95% 100%
-1952
Bell Tel
3s
95% 100%
Gen
3%s
1
& Tel
South
Pennsylvania RR (Continued) —
Debenture gold 4yas_—
——1970
Monday, August 31, 1942
mtge 4 Vis series E_—
deb
Conv
3 Vis
Peoples Gas L & C ref 5s
&
Peor.'a
AIncome
Peoria
Union
5Vis
Ry
Marquette
1st
Bait
5s
series
B
Electric
1st
ref
&
105%
South
120
Southern
112
109
109VB
2
97%
34
of
111%
111% 111%
J-D
102%
102% 102%
1951
J-J
debs—
v.vi
'
'
'
.
D
Series
4Vis
J
138
5
13
2%
101 % 101%
II
*111
111
*119
118
Af-N
*119
118
4Vis
—1977
J-J
14
105 y4
Q7
97
Q7
mtge 4Vis———_1950
J-D
*98%
*97%
98
mtge 4Vis series B_—,
1959
1960
59%
A-O
mtge 4Vis series C
A-O
Young & Ash 1st 4s ser A—1948
99
55
u
2
59%
59
5
58
59
17
F-A
64%
55 Vi
55%
107
*118
J-D
4Vis———I960
El
Potomac
1st
Pwr
f A Providence Securities 4s_
1st
&
ref
1st
&
ref
mtge 5s
1st
&
ref
mtge 8s
Public
*88Vi
-i-
6
92
92%
66
64%
66
68%
68%
69
43
61%
70%
88
92%
310
60%
69
A-O
85ya
85
85%
25
78%
88%
A-O
89%
89
89%
64
83
92%
80
80
1
78%
84'/a
85%
86%
17
79%
86%
86%
J-D
111%
111% 111%
10
J-J
25
109% 112%
106%
106% 106 l/a
36%
11
F-A
107%
102»/a 102%
10
100 '4 102%
Oil N J deb 3s__—1961
J-D
104%'
104% 104%
33
103
58
103% 105%
36%
Apr
104% 107'/a
33%
40%
105%
__1953
J-J
104%
104% 105
1945
J-J
108%
108% 108%
7
107% 110
1956
M-N
102% 102 Va
2
1961
M-N
102% 102%
5
100% 1031/a
101% 103
1951
deb 6s_[_i.
& RR
1st
5s—
gen
5s_
cons
f. gold
s
J-J
120
13
106% 108%
110
110
110%
50
109
110%
J-J
102
102"
102%
3
101
103
F-A
85%
A-O
105
M-N
deb____:-__l_l_1959*
120
120
F-A
1953
impt mtge 3%s series B__1974:
Company 3s
12
106% 107
J-J
__1944
4s__
85'%
;
-
105
?
105
20
86
104% 105
105 W
5
85%
122
92 %
104% 106 +.'
'
debentures.:..
3s
Texas
&
&. Pacific. 1st
N
O
...1965
Texas
.
gold 5s_
com
—1943
J-J
gold 5s
2000
J-D
22
~
'
100% 100%
104
105%
99y8
99Vs.
5
99% 101%
1
99Va
98% 102%
•
120
5%
6
'"5
B:
1977
A-O
67
58%
70%
series
C..____:___1979
A-O
64%
63%
64%
64
57%
69%
J-D
64%
64
64%
24
58%
69
1980
108%
AU-L-:*_1964;
19
*104 V\ 105%
4
65
*103" 104*.-
M-S
102% 104%
J-J-
58%
57%
58%
109
A-O
16%4
16 Vi
17%
204
47%
58%
12
18%
95»/«
3
§ A Third Ave RR
7%
Tol & Ohio Cent
80
80
1st 5s ext._^.._,.1943
ref
St
W Va
105%
Toronto
Ham &
Trenton
Gas &
Tri-Cont
"Corp 5s conv deb A—,:
106 Va
221%
Louis &
J-J
$ impt 3%s__1960
Tol
Toi
144% 144%
oo£
.109% 110
63%
Jan 1960
216
9
145
64%
:_._1960
108 Va 110%
,
10
106%106'/4
J-J
series
ref 5s
ref 5s series D
&
'Tex Pac*Mo Pac Ter 5%s
Third Ave Ry 1st ref 4s_
A Adj income 5s
V,
87%
107 y»
~4
...
*142
A-O
78%
ref 5s
&
&
Gen
105 y« 107%
109% 109%
J-D
1948
refund
"
64%
,86%
..*84%
Af-N
_______2037
_______2037
31
91
^
J-J
of Nor 111 3Vis——1968
Purity Bakeries s f deb 5s
■i
Af-S
mtge 3s__—_1972
Service
■
J-J
—1968
84%
__
108% 108%
J-J
1957
Service El & Gas 3 Vis
c
167
92 %
A-O
56 Vi
Gen
*105%
Af-N
4s_—_——1956
Terminal
t A Providence
Pubi
86%
64%
108
119
84 V4
J-J
Car deb 5s—_______1951
Pressed Steel
84 %
J-J
3y4S——1966
M
82
Gen
M-S
1950
—
23
J-J
Texarkana & Ft Smith 5VaS A_^___1950
*101
1st
Elec
91
84%
1968
C
Co 2%s debs
Ref &
.
J-D
1st 5s extended to
80%
J-J
1st gold 4V2S__2013
2%s debs
debenture....
Gen
98%
1
Gen
Portland
series
Tenn Assn St L
97% 100
*108
_—,—1962
———1974
C
3s
of Calif
Tenn Coal Iron
.
103
96
.
>59
58
J-D
_________—1977
5s series B
46%
159
—1966
Oil
Texas
J-D
1st
gen
46%
255
9014
112%
M-N
1st
gen 5s series
4Vis series D.
8 4'/a
260
112
95% 104 Vh
99%
J-D
1st
ref
&
Standard
104% 108 V*
3
4Vis series B——..1950
Char 1st 4s gtd
_„1943
Pitts & W Va 1st 4 Vis series A—1958
&
1st
A-O
54 V*
53%
89
83%
89%
*
104% 109 L
6
>
13
99% 100
MS
Iron conv 4Vis A——1952
1st mtge
1st
56%
52
51%
52%
121 Va
—
Gen
Pitts
53%
M-N
121
V*
111
110
,
105% 106
1st
M-N
J-J
111 Va
F-A
105
Steel
57
1964
3%s B_
Swift &
*111% 112%
J-D
Va
46%
J-J
105% 106%
*111%'.A,-'*'
A-O
Pitts
158
J-J
Superior Oil 3y2S debs
F-A
_—1975
Pitts
1st
Stand
M-N
mtge 5s series B—
series C
54%
______1996
ASpokane Internat
1%
J-D
mtge 5s series A—____—1970
&
52
F-A
Gen
Coke
53%
64%
1956
5s
Tel
Bell
3
■97% 102%
105% 105%
MS
gold 4s___.^—__1951
102% 102 Si
M-N
58
1956
gold
1st
1%
19
49%
1994
;
1%
2%
Gen
Pitts
1st
Southwestern
10
102% 1041/4
1
Div
Louis Div
61
244
64
30%
2%
guaranteed 4Vis__1964
cons
10
Va
Mem
St
50
55 %
62 %
1956
6Vis
99V4 102%
50%
60%
54
_1955
gold 5s
6s
gen
24
183
*—
54%
______1950
4s series A
Studebaker Corp conv
1963
—
gen
&
109% 112
5
M-N
4s
cons
&
Devel
.
guaranteed
—1945
Series E 3Vis gtd gold
1949
Seri ;s F 4s guaranteed gold_—1953
Series G 4s guaranteed—.
1957
Series H cons guaranteed 4s
1960
Series I
Dpvel
90% 105%
103% 104
104
2
1071/4 109%
11
4s
cons
gen
183
9%
1st
&
31 Va
9%
Ry 1st
63%
1981
1st ref gtd 4s
RR
Pac
105%
MS
3%s___________1946
Devel
*1%
Pittsburgh Cine Chi & St Louis—
Series C 4Vis guaranteed
.—1942
Bevies
31
30%
J-J
J-J
l%s
Petrol
Phillips
96%
103
102
J-D
1969
-
secured
San Fran Term
115
1st s f 4s——1937
deposit
._—.—
Ry
Certificates
104% 108
108
Af-N
A
10-year
124
Philip Morris Ltd deb 3s_——1962
APhilippine
Gold 4%s_____
641/4
111%
MS
...
Gold 4VaS
641/4
*102%
—1949
6s
74
14
MS
mtge 2%s__—_____1971
ziConv deb
6 3 Vi
105% 105%
97%
:
551/4
103%
1977
Aug 1949
__1949
:
55%
61%
106
*103
1968
coll)
Pac
3
61
109
A
(Oregon Lines) A___
Gold 4%s
1061/4 107%
*110
J-J
Power
registered
1st 4 %s
*117
J-D
ref 3%s_„ —1967
1st &
(Cent
4s
7%
F-A
Read C & I ref 5s_—1973
t. \Phila &
4s
47
3%
M-N
1974
4Vis series C
1977
General 4Vis series D—_u__1981
Ph ladelphia Co coll tr 4Vis
1961
Phila
37
106
Pacific Co—
J-J
gold
^—
Southern
89
Colo
26
70%
61
61
105%
Southern
55
69
61
J-D
1st gold 4s__—1943
Wash
&
General
General
1
69%
M-9
_
Phila
106% 106%
J-J
series
4s
1st
12
5%
93%
110% U3ya
15
51/4
•
J-J
1st series A 5s
1956
B_—„_r„,——1956
gold 4Vis series C
1980
Phelps Dodge conv 3Vis deb—1952
Pere
42V4
42
V4
F-A
1974
5
111% 111%
42
Apr
—-Apr 1990
4s
Pekin
&
ext
4s
Eastern
86%
West
1st
& Ohio 4s
4s_
J-D
__1950
1st
Elec
1st
gold 4s__1946
gold 5S...1949
:1953
,
98% 101%-
,
83
83
A-O
series C_^...1942 :
Buff
*100%
__
1
80%
12
81%
-
85%, 86%
__
90%
88%
M-S
II
J-D
!
101
*100
;
100
101%
>105'
106%
108
111%
M-S
II
J-J
*105 ya 106
108% 110V4
103
v
105
y.y.
R
Gen
U
A-O
Reading Co Jersey Cent coll 4s—__1951
ref 4 Vis series A
—1997
Gen & ref 4Vis series B
_1997
J-J
Rand deb 3%s_———1956
Remington
J-J
Republic Steel Corp 4Vis series B__1961
Purchase money
Gen mtge
Revere Copper & Brass 3
fSARio Grande June
1st
Grande
A 1st
Roch
Gas & El
4 Vis
M-N
1960
Gen
mtge 3 Vis series J
t§AR I Ark & Louis
1967
80
73%
82%
73
82
16
105%
57%
24%
M-S
100 %
—
25
54%. 57%
"22% 24%
98
53%
160
39
12
26%
4Vis_—1934
Af-S
15
%
98%
J-J
,109%
V
,
grant 4s
..1947
3%s deb
—______1970
deb
1971
2
.14%.
15 %
35
_1949
J-J
7%
8%
37
4
J-J
8%
9
30
5%
10%
Va
Stores 5s.__.1952
A-O
5s__-___:-__1953
M-S
4s_r__i.__._1944
N
& Canal
J RR
United
8%
States
gen
Steel
Corp—
St
St
Lawr
2d
St
& Grand
Jos
&
Island
Adir
1st
1st
4s___
gold 5s
1947
*106
J-J
1996
91%
9
JASt L Peor & N W 1st gtd 5s_
St
L
Pub Serv
St
L
97%
*56%
106
63
1st mtge
73%
40%
42%
25
89
89%
10
74
63
60
>■■'.
89%
*
J-J
62 V\
A Certificates
lien
A Prior
of
A
of
!IIl950
deposit
M 4Vis series
"a
1
1
—
A_—1978
Af-S
Certificates of
deposit stpd
}St Louis-Southwestern Ry—
A 1st
A 2d
bond, certificates
4s
4s
AGen
ctfs
bond
inc
&
ref
___Nov 1989
M-N
P
Paul
A
&
& K
C Sh L gtd 4Vis_
Union
Ar
1st
*99% 100%
M-N
*iooy8 100%
100% 100%
11945
M-N
*100
100%
100% 100%
May 1 1946
M-N
*100
100%
100% 101%
_Nov
—
__1941
*
•
§ A Refunding
A
A 1st
cons
6s
of
series
_1950
1.95s
.———May 1 1948
2.00s
•2.05s
67%
2.10s
;__ Nov
A Certificates
AAtl & Birm
May 11949
of
A 6s
series B
Union
Oil
2Vis
Simmons
Co
Skelly Oil 3s
F-A
i.
.___—___Nov
1 1952
M-N
100
16%
17
115
12%
17%
2.45s
;;
——May
1 1953
M-N
Nov
1 1953
M-N
82%
80
82%
52
76
82%
—May 1 1954
M-N
*101
37
1 1954
M-N
*101%
100% 101 Va
May 11955
M-N
*101
100% 103%
,72
10%
16%
2.20s
Nov. 1 1950
M-N
*100
11
16%
2.25s
.———May 1 1951
M-N
*100% 101
1 1951
M-N
*101% 102 V\
100
May 1 1952
M-N
*100% 101
100
101%
100
100
102
100% 100%
100
103
101% 101%
100% 102
2.30s-
18%
73%
57
76
55
31
51
2.65s
27%
59
15%
3%
>11
11V4
2%
28
1
1
1933
124%
18
8%
150
7%
8%
76
10%
9%
10%
426
9
27%
9%
29
71
"11
F-A
8%
144
F-A
7%
81/4
39
J-J
97%
97%
26
1961
J-J
*98%
991/4
A-O
30
101% 102%
F-A
1963
7%
30
A-O
South
765.
8Vi
F-A
J-J
oage
8
1935
1964
see
8%
1954
—1950
&
1st
&
Light
—1951
A-O
—1944
5s
92
1944
F-A
96%
7
96
92
96
92
95%
A-O
w w
ref
1st 5s____
96%
70
2
91%
93
97%
102
93% 101%
...
1051/4 105%
*121%
18
10%
18%
~6
Vandalia
f
Cons
2%
Va
4%
9%
4
8%
1
5%
5%
15
3%
4
11
10 Va
RR cons g
s
4s series A
f 4s series
B
—1957
M-N
series B
_i_1968
M-S
110% 110%
Af-S
*73
76%
J-J
*__
90
69
70
Elec
&
Va
Iron
Coal &
Va
& Southwest
1st
cons
Pwr 3%s
Coke
1st
1st gold 5s__1949
gtd 5s
5s
1955
^
Virginian Ry 3%s series A
—2003
;
*108%-
F-A
1958
A-O
1966
Af-S
*
70
107%
108 Va *
__
-
107% 107%
109% 111%
69
36
75%
90
17
94
65%
75
105% 109
29
8%
8%
95%
99%
30
W
97%
97%
37
32
100 Va 103%
20
104% 106
*101% 1021/4
105%
1
14
1935
___1952
& Trac
Power
123% 125
*17%
9%
1941
Nov
—
12%
99% 101
*__
M-S
deposit
100% 101%
100% 101%
8%
M-S
101%
101% 104 Va
A-O
—1945
iooy8 101
100% 101%
101% 103%
103% 104
1959
-
7%
Utah
4
a__
Stockyards 4ViS
Utah Lt
*3
6
1
101
29%
*77
11%
—
2.60s
51
27
103% 103%
Socony-Vacuum Oil 3s debs
footnotes
—Nov
2.55s
50
.
75
5s
100%
2.35s
100,\f 100,4
deposit___
& Nor Ala RR gtd
100
2.40s
li/4
debentures
101%
100% 101 %
100% 100%
17%
181/4
debentures 4s
100%
*100% 101
100%
177a
1%
2%s sinking fund debentures
f§ASUesian-Am Corp coll tr 7s
100
M-N
M-N
11%
171/4
debs
*100
M-N
1 1949
11%
1%
certificates..
101%
100% 101%
100
11%
17%
} A Seaboard All Fla 6s A ctfs
Shell
*10014 101
*100% 101
___—May 1 1950
Nov
102
M-N
M-N
7
F-A
1st gtd 4s
1 1948
100% 101
100 Va 101
,100%
950
A-O
A___.
102%
17%
—Oct 1949
4s__
Certificates
*101
17V4
A-O
5s
M-N
16%
M-N
AAdjustment
11947
101
16%
J-J
1950
gold 4s unstamped
§ A4s gold stamped
101
101
17%
A-O
,
___1989
§ A 1st
*100
101
244
J-J
gtd 4s__;
JSeaboard Air Line Ry—
s
1st
M-N
17%
Af-S
E
M-N
Nov
16%
M-S
N
1 1946
.May 1 1947
17%
J-D
1952
&
lOO'/s 100%
40
73%
_1942
V
100% 100%
M-N
15%
27%
f deb
Schenley Distillers 4s
100
100% 100%
.——May 1 1945
V
89'/a
,
105
15%
50%
5s
Scioto
"
15%
J-J
gtd gold 4s____1943
Fe Pres & Phen 1st
Santa
104
100
_»■
659
J-J
Depot 3Vis B______1971
Pass
*100
V;
16V4
J-J
.
.
cons gold 4s_1968
Paul E Gr Trk 1st 4Vis_____1947
t§ASt
St
S
97%
15'A
1952
Paul & Duluth 1st
f ASt
80
90%
11944
45%
75
33
United
St
69
51
16%
_1990
gold 5s series A
15
96%'
M-N
Nov
2.50s
____1989
§ A 1st term & unifying 5s_.
80
95%
16%
1
B
103% 107
,
79
.__May 1 1944
.——Nov
75
79
99
99
102% 106
17
deposit.
5s series
A Certificates
ACons
J-J
106%
95%
30
*99%
2.15s
,—1950
"
;95%
*10014 100%
*100% 100%
1 1942
1.90s
67%
55
__
108% 111
2
98
♦lOO'/s
1.75s
■
69%
75
MS
"
M-N
1.80s
J-J
1959
5s_—
"•
96
M-N
-
1.625s
:
107%
55
M-N
.—1955
Rocky Mt & P 5s stpd—
*106
79
-
M-N
Nov
1.85s
IIl948
A-O
1 1943
—Nov
—.
________
1.50s
A-O
ASRiv & G Div 1st gold 4s
—1933
A Certificates
of deposit——
105% 106
105%
—May 1 1943
.875s
1.125s
-
Mtn & Southern—
Iron
96%
'
J-J
——1996
gold 6s__
Louis
97%
26
96Va*
96 •/«
r
:
1.375s
97
97
98%
Serial debentures
1.25s
A-O
96
96 Va
.
M-S
U
16
(Del)
1.00s
1966
16
*
.
Saguenay Pwr Ltd 1st M 4Vis
6
,
11%
99% 102%
109% 109%
A-O
J-D
United Drug Co
106% 108 Vt"
—1941
10
98%*
98 Vi
M-N
mtge 3V2S series A_—.-1980
United Biscuit 3%s debs_'_._:_;___1955
109 Va
-
.
"
101% 102
-V
.
Ref
109% 109%
108% 108 Vi
J-J
:
111.;
*7
^_____iii__il967
United Cigar-Whelan
109
*109
Af-S
land
&
34-year
111*
A-O
F-A
RR—-
35-year 3'/2s
57%
153
Pacific
M-N
deb_-___.__-.1959
of Calif-3s
debentures,™.
Union
100%
39
,
*109%..%%''''
M-S
-
3s
104% 106 Va
100% 104%
M-S
i
—1967
t ARut-Canadian 4s stpd
<
l§ARutland RR 4Vis stamped
t§AUnion Elec Ry
100 Vt 104 Va
6
26
Mo.j%s
..^1971
(Chic) 5s_.ii_.1945
Union Electric Co of
Union Oil
1st
100
*53%
____1969
1st
105
101% 102
A-O
series D——1977
mtge 3Vis series I_.
8
67 Vi
97% 101V4
101V4 101%
102
J-J
1949
mtge 3%s series H
Gen
34
75%
*101% 102
Af-N
gold 4s„1939
Gen
76
75%.
.
13
J-D
gtd 5s—1939
coll trust 4s A
&
cons
West
75%
79%
75%
75%
M-N
—1956
Vis
1st
i§ARio
.
F-A
1st M conv 5 Vis 1954
4Vis series C
78%
79%
J-J
&
99% 103
JWabash RR Co—
1st mtge 4s series A
1971
AGen
1981
AGen
mtge 4s inc series A
mtge intrsyts ser B
_1991
J-J
J-J
J-J
80'A
79%
80%
226
75
80%
40%
39%
41
334
33%
50
32%
30%
32%
343
28%
39%
Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
new
BONDS
New
York
Stock
Interest
Exchange
Ended Aug.
Week
28
Last
Low
JAWabash Ry ref &
ARef
gen
A Ref
&
A Ref
5%s A-...1975
F-A
gen
—1978
gen
&
4%s series C
5s series D
—1980
1955
25%
A-0
1955
A-O
1st
mtge 4s
debentures
6s
Warner Bros Pict 6s
debs.
—1948
deb 6s
...1941
85
Deposit
receipts
24
26'A
1
24
27%
25%
1
22%
26%
22%
—
-
^
'
guaranteed
1st
ref gtd
Washington Central Ry 1st 4s—....1943
1945
Washington Term 1st gtd 3%s_.
1st 40-year guaranteed 4s—.—1945
J-D
27%
88%
Wilson
Va
102%
Winston-Salem
81
106
jAWisconsin
*84%
F-A
Westchester Ltg
J-D
Q-M
&
stpd gtd—.....1950
Gen mtge 3%s_—
1967
;i
L—
5s
M 4s
Penn
Power
mtge
3%s series I———1966"
Western
Maryland
1st &
ref
1st
1963 / '
...
4s.
....
1st
5s
S
B
1st
Central
—1952
J-J
■
M-S
M-S
13
104'A 106%
103
5
100% 103%
1960
J-J
—1949
4s
J-J
95
95'%
32%
83%
25-year
gold
30-year
5s—————
...I960
Westinghouse El & Mfg 2Vas_.
1951
5s——— —1951
J-D
■
8i%
•
101
5
16 Va
16
16%
38
16 >/B
M-N
:
114
37
50'A
37%
45%
9
35
1
108% 110
2
105
108 %
'
tAWor &
4%s
-1943
J-J
2
12
12%
34
101
102%
'
—
Service
Conn East
1st
....
107% 110
12
34
Youngstown Sheet & Tube—
Conv deb 4s
1948
M-S
1st mtge s f 3'As series D
1960
M-N
94% 102
Deferred
a
101% 104'A
54
20%
81
20%
79
84
84%
42
81
88
81%
49
77 Va
not
34
69
85%
101
12
9
121%
84
•80%
101
86
45%
5
33%
83 Va
84%
;
M-S
M-N
deposit.
47 '/a
45%
107V4 109%
2
83%
"
M-N
'45
16%
3
101% 101%
7331/2
M-S
114
47'/a
109% 109%
Included
1950
of
103
45%
deposit
91%
34'%
gold 4%s_.
95
20
105% 105%
103
106 % 106'A
84
32%
90%
92%
105%
A-0
A-0
28
87
34'A
114
'
86%
M-S
91%
47%
110%
J-J
111%
A....1946
ser
92%
1
1971
110
101%
110% 1103A
50
IO2V2 105
"
•
1968
5
77/--,7'
104'A
3'As
119
.L1
A-O
*104
Public
10
86%
37'A
Elec Power 3%s____
107% 107%
A-0
37%
7
J-J
4s_____
1st
of
ACertificates
111% 111%
111%
J-J
assented
Western Union Teleg
■>109% 110
[\
68
42%
Wisconsin
..
77.i:,-
120%
.7.1943
gen gold 4s__—
JAWestern Pacific
"w- 7
.
86
447/a
42
Wisconsin
,
106
*-
M-S
5%s series A—....1977
West N Y & Pa
A 5s
5s E
*104
'•
J-D
1st
69%
High
44
1955
A
3%
ACertificates
40
Range Sinre
104% 105'A
7
''
■
West
1st
86
31
High
1947
1st
Co
deb
Conv
95% 106 Va
*103% 103%
F-A
—
Low
Pulp & Paper 3s
1954
Wheeling & Lake Erie RR 4s,
1949
Wheeling Steel 1st 3'As series B_:_1966
West
95
35
January 1
No.
42
101
*32
F-A
gold 3%s__2000
Sold
J-J
§ASu & Du div & term 1st 4s_„1936
Warren RR
Bonds
Bid & Asked
J-J
83
5
Week's Range
or Friday's
Sale Price
2361
99
12
Last
Period
2361
,
39
Friday
Interest
Aug. 28
Registered
16
98%
><
Exchange
44 T a
—t
7 98%
98
1
1st 4s
85
98%
-■
.r-
West Shore
101
101% 102
101%
,
'/
...
'
Stock
Ended
Low
28
,.y.
York
Week
High
6
84%
New
-
I
27%
*100
M-S
A
Low
No.
High
*26'%
M-S
f§AWarren Bros Co
January
-.
25%
'
A-O
Walworth Co
Range Since
Sold
26 %
A-O
5s series B
bond record
BONDS
Bonds
'
27'%
M-S
—1976
gen
york
•
Sale Price Bid & Asked
Period
'
Week's Range
or Friday's
Friday
•
765
10
in
delivery
the
sale
not
year's range,
included in
the
n
101V2
101'/a 101%
99 'A
99
36
99%
included in the year's range,
d Ex-interest,
Under-the-rule sale not Included In the year's
98% 100%
Odd-lot
e
range,
r
sale
not
Cash
sale
year's range.
34%
SNegotiability impaired by maturity. tThe price represented Is the dollar
quotation
pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
200-
per
JCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of
the Bankruptcy Act, or securities assumed by such
companies.
•Friday's bid and asked price. No sales transacted during current week, t
A
100% 101%
Bonds
selling flat.
:
NEW YORK CURB EXCHANGE
weekly
NOTICE—Cash
in
footnote
a
In
and
delivery sales
week
the
in
the
deferred
which
in
following
they occur.
extensive
include every
STOCKS
.New
A;
York
Curb
Acme Wire
Aero
a
-
Week's
-.
or
Range
1
complete
\
Low
«
Aircraft
Inc
Access
Investors
Corp.J
20
Warrants
1
:
Electric
5%,
5%
:
~i%
:
—
Associated Tel & Tel
Atlanta
Mar
1%
400
3
32
Jan
200
as
Coast
RR
Atlantic
Coast
Line
Atlantic
Rayon
Jan
*
Loio
hares
!
—
Alabama
Great
Southern
Apr
Atlas Corp
Jan
Atlas
1%
Aug
Atlas
Mar
3%
Co
Corp
<•;
$6
Allied Intl
Allied
A
Aluminum
Jan
Avery
Co
86'/a
86'/a
83%
20
;
2'A
•
common
•
—.100
Aluminum
Goods
Aluminum
Industries
•
Mfg——
96
v
109'/a
95%
V107
%
,
Jan
18
50
20
1%
12
Feb
21%
21%
200
May
96 -<;V
109%
7
78'/a
6%
Ltd
common————*
W/i
V
preferred——
——■»—-100
American Beverage common—.
1
American
Book
American
Box
Co
Co
71:
100
99
^
iV
:
19%
90%
200
A
19%
Baldwin
July
.
;::
Jan
Capital class A common__10c
class
Common
$3
B—
10c;
preferred
$5.50
^8 'A Apr
v
102'A
Jun;
American
•
7%
4%
4%
Jan
class
5%
class
A__.
%
,y«
Apr
Barlow
10
32%
34
Baumann—See
Feb
Beau
9%
Gas
American
4% fe
&
&
•
common
Electric
ri——.10
preferred—
General
American
convertible
$2
Hoe
6%
Feb
Beaunit
$1.50
Bell Tel
/. Jan
%
36
July
Jan
July
41%
Jan
ftf AUg
10%
Apr
12% Aug
Apr
20% Jan
Corp
common.__10c
15%
16%
2,700
95 >A
50
1%
200
1% May
200
24 % May
1%
1
28
28,
100
preferred——....1
American
Hard Rubber Co—
American
Laundry Mach
Light & Trac common
.
13%
13%
13% !
: 50
.Jan
104
82'A Mar
&
.
6%
preferred
Mfg Co
25
350
11%
3,000
23'",":
23'"
24
": 75
100
Maracaibo
American
Potash
•
....
Chemical
&
%
Xl8
xis
$2.50
20 " -
Blauner's
Jan
Bliss
Feb
Blue
$3
Apr
18
American
18% Mar
22
Apr
Bohack
11%
Aug
7%
7%
Apr
Apr
18% Mar
preferred
$6 series preferred
American
Thread
American
Writing
Anchor
Post
*
;
5%
preferred—
Paper
common
200
asa
Jan v:
% Jan
Jun
27%
Feb
Fence
Brazilian
Jan
Breeze
iV
900
A Jan
45%
100
4%
61% Mar
Angostura-Wupperman
Apex-Elec Mig Co common
Appalachian Elec Pwr 4%%
2
2,-
Apr
200
300
l'/a
33%
2 % Jan
1%
Apr
Jan
3%
Jun
Jun
2"%
Jan
100
2
Feb
2%
Apr
12
100% 101
50
2d
Jan
91%
Apr
(S)
28%
Jan
4%
Jan
27% Aug
3 A
33%
Va Aug
/
•
' •
Jan
3%
.
Feb
•
7
Aug
1
Jan
8% July
4% May
7'%
Jan
Feb
3%
300
3% Jan
4%
22
•
'
7
100
7
Aug
8'%
125
21
Apr
7
22
22
7%
8'%
1,400
2'%
2%
700
102% 102%
8'%
10
22
6% May
1% Jun
Feb
Jan
9% Mar
3'A
Feb
101
Aug
117
Mar
30
Mar
34
Jun
Jun
34
.7300
ft
35'A Aug
ie Jun
%
Jan
8% Aug
Jan
A,
._*
10
Jan
38%
Jun
38 Va
6/7
7
6
100
6
•
.•
Jun
8
Jan
2%
Apr
5
Jan
12'%
31
32
800
10'A
1
& Co
Co
11%
—
common...
*
*
!
16%
Apr
Va
A Pel>
32
7
2%
2%
40
100
2%
400
42
40
27
-Mar
4
y; 500
•
common
25
...
—
6'%
400
•
common
Vff
Va May
35
Feb
Feb
5
1% Mar,-
Jan
Jan
3
Jun
33 May
42
Mar
30%
Jan
34
Mar
5'A May
7
7. 7* 100
100
•
..
Traction
'
.*
...
preferred
Corp
'l%
i%
100
8'%
8%
3,700
8%
8%
8%
700
1
4
3%
4
•
....
Aeronautical
is
■/;
2,600
A
Jan
Jan
9% Aug
May
7
10'A Mar
3% July
19
*
Jan
2'A July
Jun
4%
Aug
Va
May
1% May
1%
1
Lgt & Pwr_
common
Bridgeport Gas Light Co
1% Mar
Bridgeport
Machine
Corp
Class
77c
1%
1%
300
*
1%
1%
100
*
%
%
100
•
Preferred
Brill
100
class
A.
_____
B
8%
Jan
20'/a
J&n
2'A
May
.
preferred...
1%
52
100
Jan
Feb
60
Jan
1%
3%
Jun
Va July
,
Jun
55%
11% Aug
14'A
•
30'% Jun
•
10
40
Apr
Jan
May
Feb
Jan
9
103'% Jan
Brillo
Mfg Co
Class
Arkansas Natural Gas common—
Jun
Jun
Jan
2
7% July
100
48'A
Jan
2%
•
pfd
as
5,300
—l
___.
$5
Brewster
2%
4,500
1
1st preferred
Jan
3
2
.
7 %
6%
1%
A
7
•
common
Bowman-Biltmore
2'A
2%
Jan
Jan
Apr
3 •'
i"d
...
85
1% Mar
2'/a
5
2%
100
...•
Inc
100
3
50
3%
7
Fdy & Mach Co com..*
Bourjois
1,000
•
I
Borne Scrymser Co..
5%
5
Apr
18
*
July
2%
:
800
28
3%
1
common
24
Aug
"
Jun
Feb
6% May
100
common
(H C)
May
tV
1
1st preferred
xl8
45'%
20
common
(E W)
2'A
•
400
2%
—
10
preferred
26% July
[r:
$6
15
35
4
300
."3%
ft
1
optional convertible preferred
; 39
Superpower Corp common..*
1st
i
Inc
common
Ridge Corp
300
10
common
Jan
Jan
May
Jan
11
2'/a
v,
T" 75
—2
Republics.——.
Seal-Kap
~4 %
1
preferred
Birdsboro Steel
49%
49%
3'A
13
..
i
'
preferred
5%
,
i*
American
'A
50
5
common
Corp
Hedges
Convertible
Feb
79%
1
—
Meter Co
American
Co.
A
Berkey & Gay Furniture—
28%
21
'
..100
common—
Preferred
American
20%
11%
25
American
American
19%
11%
.
1
Canada
Blumenthal
20
—
American
14%
20%
2%
28
1
common
Aircraft
of
Benson
32
27% May
__25
*
common
A
•
%
%
500
% Mar
1
Jan
British
American
Oil
*
%
%
100
%
Jan
British
American
7%
6'A
Apr
Jan
31'%
Jan
Mar
13'A
Jan
Tobacco—
6%
preferred
10
Arkansas Power & Light $7 preferred.*
Apr
1%
Common
Aro
class
Equipment
Oil
&
non-voting..
Corp
Art Metal Works
Ashland
A
common
Breweries
Associated
Electric
American
5
Refining Co
Associated
of
dep rects
footnotes
75%. Aug
—1
Canada
•
8'% July
87%
Jan
6'A
r55/a
r5%
r55/a
100
4%
4%
400
Jan
8
Jun
5%
Jan
3%
Jan
4%
Jan
see
page
770.
*
£1
dep
rets
ord
reg
8%
Jun
9%
Jun
£1
dep rects ord bearer..
Am
11% July
Jan
13
British
2% Mar
%
Feb
3% Aug
%
Feb
Celanese
Amer
Brown
Class
..._£1
reg_.
Am
Co
6'%
Jun
8
Jan
Feb
4"%
Industries—
Associated Laundries of America
For
400
1
•,
Jan
aa
94%
16%
100
preferred—-
$2.50 convertible
1
20'
30
Inc
convertible
Aircraft
Bellanca
12%
Feb
19
2%
common
"Ludwig"
Mills Inc
13
12%
Feb
3%
Jun
Aug
Bickfords Inc
Fork
American
Aug
2%
Mfg—
Brummell Ties
14% iJan
100
Seelig
Feb
74
28% May
2,900
Jan
17%
Jan
2% May
2% Mar.'.
•••;
14%
~4%
common...
convertible
Apr /
35
33
Foreign Power warrants
300
5
Steel
Refractories
%
,
'/a Mar
10
non-voting
&
$1.20
Apr ?
1,600
3'%
com__10
,
Co
Stainless
4
150
A
*
for
warants
Rubber
Barium
4%
—.—25
ciass
Co
preferred
»
Baldwin
Beech
x——1
Cyanamid
B
American
700
A—„——.25
A—
._
American
5%
3
Collieries.l—
Wilcox
%
Jan
A
Class B
,'
Jan
65%
Convertible
Class
Feb
preferred——
•
Central
Mfg—„——1
Cities Power & Light— ..-
.1%
% May
24'A May
:
•At July
prior
American
Class
Va
7
Aug
12% May
800
Locomotive—
Purchase
Basic
American
"
Jan
B
Babcock &
Aug
3%
Tobacco
Feb
Apr
10
3%
.25
Ayrshire" Patoka
Jan
y;; 6
Jan
160
common.,—1
& Sons common..
Jan
Jan
:
Apr
69% Aug
.100
"11
iV
19%
100
Board
70VS
J.
200
;
Aug
3% Mar
Jan.
77e
Aluminium
Machine—.
preferred
Axton-Fisher
12%
Apr
May '
4 Va
<B Ft
6%
Feb
114%
99% May V1
common.i——•
32 Va
Jan
Mar
105
550
12
Jan
19% Mar
22%
450
__*
.
3% May
*
18'/a
18-'/a
25
—
Apr ;
Jan
% May
10
—
common
preferred...-—
6 %
*
97
86'/a
(Mich).:
conv
Voting
Automatic
Investing $3 conv pfd
Products
Class
'2'%
Feb
*
Feb
4'/a July
Va Mar
5
16%
83
—A——•
May
109 Va
Jan
1,900
5
"
107 '
1
3
3
%
•2%
Apr
Investment
Mar.7
22
U
16
Jun
preferred
300
1
1
73
Alles k Fisher Inc common——
Alliance
64
'
50
:
:
•
94
;
% Mar
-
Jun
106
—-
~
3%
High
•
'
62
1
>
% Mar
,
'
'
Products
.50
:
Low
-
warrants
Drop Forge common
Plywood Corp
$7 preferred——*
Alabama Power Co
Range Since January 1
;
High
Feb
20'A
% May
on
for Week
<
Automatic
1%:
shown
are
Sales
Range
of Prices
Co
Fisheries
8%
Last
Sale Price
.,;;
a
pfd—100'
preferred—100
Coast
l'A July ■
19% July
200
&
Atlantic
'
Appliance^—
Bitm
Atlanta Gas Light 6%
1'%
•
May
ioo
l'/a
'
.
Week's
Friday
.
class A—
5'A Mar
Jun
range
' ;
•
.
year.
Par
5% Mar
Jan
200
l'A .J_t-
STOCKS
York Curb Exchange
Week Ended Aug. 28
:
:r:
Feb
/• 20
Jun
4
ioo
19'/a
s'a
tu
22%
Mar 7'
4%
ioo
:
.A
the New York Curb Exchange for the week beginning
on
%
V';
'
~i%
H'a
19%
High
■
July',
.7 4%
A
...
"Low
17%
;1
10
—
1% '311.
selling outside the regular weekly
:
New
[
17%
~4 %
i
2
preferred.
the transactions
when
and
It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬
t
20
50c:
common
Convertible
Air-Way
(N J)———
of
record
1942).
Range Since January 1
High
17%
record
bond, in which any dealings have occurred during the current
Shares
_5
Associates
such
for Week
of Prices
Co common. -—J—.*«—.10
B_:—A
yearly
Sales
Last
/av-:'7 Par^
of
(Aug. 28,
Supply Mfg class A—_1
Class
Air
furnish
Sale Price
Ainsworth Mfg common
Air
taken
is
present Friday
-Friday
Exchange
Week,.Ended Aug, 28
:■
account
we
and
unless they are the only transactions of the week,
sales in computing the range for the year.
In the week's range
security, whether stock
-
,
No
list
Saturday Aug. 22 and ending the
tended to
disregarded
are
Brown
$6
Ltd—
dep rets ord reg
Fence
A
&
Wire
preferred
2
400
1
...
*
55
55
50
Feb
Jan
1%
1%
1 %
7%
1
...
Forman Distillers
preferred
Va Mar
10s
common
Jun
46
May
l'A Aug
2
Jan
12% Aug
2%
60
Jan
July
;
THE COMMERCIAL & FINANCIAL CHRONICLE
STOCKS
New
,
Ended Aug.
Week's
Friday
Sale Price
28
Rubber
Brown
(EL)
Co
Co
.
STOCKS
for Week
Shares
Low
Par
Bruce
Sales
Range
of Prices
Last
Exchange
Curb
York
Week
1
New
Range Since January,!
High
Low
x
400
Va
Jan
Jan
—*
Bruck Silk Mills Ltd
4 %
Apr
4%
Atlantic
Cuban
Apr
Buffalo
preferred
preferred.
1st
Bunker
Hill
Inc
Burco
25
*
:
•
Sullivan—
&
$3
Burma
Biscuit
Corp.—
67/a
2.50
_
preferred——
Corp Am dep rets
Burry
150
40 V2.
35%
Lighting Inc
Curtis Mfg Co (Mo)
8%
6%
7%
76
4,100
6% Aug
15%
67'/2 Mar
91%
9'/a
8% Mar
12%
Jan
Darby
13
Feb
12
Aug
~>a
%
Feb
Dayton
%
500
%
%
Jan
Class
Jan
$6
Cables
A
A
_£1
dep 5 % Vc preferred shares
Calamba Sugar Estate——
Electric
2%
20
Canada
1%
l'/a V
100
1%;
1
1%
300
~3%
Apr
Ltd
preferred
Canadian
Car & Foundry
2
Dredging
Jan
Class
777/a
25
&
1%
15%
Jan
21
Stove
Co
Vilbiss
7%
July
Co
Carman
&
2%
•
*
Jan
2%
Co
$6
Corp
Carter
Central
Hudson
of
Central
Maine
Central
New
Ohio
Power
&
Shoe
A Tcraft
Cessna
Charis
Corp
Chicago Rivet & Mach
Consolidated
Childs Co
Mining
$6
Steel
Service
Cities
$6
P
$7
City
Claude
Neon
Clayton
5y8
2%
2Va
450
Cleveland Tractor
Jan
—
$
10%
Aluminum
—
Eastern
$5
1
6
Washing
Electric
Bond
>
A
Mar
Jan
Apr
3%
*■.'55
4%
Apr
Cockshutt
Cohn
&
Colon
Plow
Co
Aug
Apr
82%
82%
common
Jun
47/a
5
Colonial
Airlines
%
Apr
5
7 :35
Colorado
Fuel
Iron
&
Patent
Fire
Gas & Elec
Columbia
Oil
Gas
&
Commonwealth
Public
1,800
1
-
u
%
1/64
1
1
Derrick
Corp
$3
'
J.
May
.
2 Va
V
t
c
Gas
Conn
$3
Water
extended
Service
to
1
Coke
&
Secur
common
preferred
Conn
Fire
Aug
1,000
%
Apr
Va
Va
1%
&
4%%
Electric
Biscuit
3/128
%
Mar
18
i'o
>
Corp
:
Mining
Consolidated
Retail
8 '/o
&
•'
Jun
32
preferred
*•
1%
5
1
104
106 Va
90
1%
27%
—
100
1%
50
*
27%
100
25%
3
.
—
—
Apr
96% Mar
■
«•«
2
Jun
Power
Consolidated
Steel
Oil
10
Corp
•
1%
Class
B
4%
4%
100
4%
(Peter)
prior
$3
Oil
Continental
Roll
of
100
Mexico
&
1
Steel
1
67%
—
10%
67%
800
$3
•
common
prior preference
Copper
Corroon
$6
•
Range
Cornucopia
&
Co
Gold Mines
Reynolds
•
5 %
Petroleum
convertible
—
1
*
I
common
preferred..
.50
'
■
-•
;
5%
114%
Jan
104
Aug
Gatineau
5%
Light
Jan
1%
Feb
Gellman
30%
Jun
General
Aug
Gen
4
ord
107
July
88
Apr
Va July
Creole
'
1%
Jan
12%
receipts
(ord
Wheeler
reg)__£1
5
Electric
Yards
Brewing Co
,
13%
■
1
5
(Md)
Cork
Crown
Drug Co common
International
convertible
For
footnotes
A
page
13%
4%
14%
4%
2,600
Malt
&
500
/
Co
25
770.
1%
$6
%
—
—
—
%
—
100
Jan
ft
Jan
16%
Jan
'>!
J an
2
•'
.
May
19
\y
Jan
500
2Va
*
200
7V4
Jun
1%
1,000
1%
2%
22
Apr
3%
7%
8'
Apr
Apr
3% July
-
■
9%
-
Jan
*3%
3%
100 ;
,3% f
2%
Jan
7%
Jan
5% Mar
500
6%
-
Jun
6% Mar
6
-
.
A; ' A
52
52
• -
68%
—
7%
Jan
5
Jan
3% Aug
10
69%
2<'w.
44% May
■
300
68 Va
64%
^
Aug
1%
-
A 103
Feb
Jan
Jan
1%
2
i
14%
15
■■■'>
1,200 A)
-
2%
Jun
10
Jan:
15%
Jun
11
.
14%
200
Jan
14%
Jun
.'.
Va
Jan
"2
9
,'V'A
9 "
"
V-
—
49
V
Aug
8% Mar
10%
Jan
20%.
Jan
Mar
10% Aug
25
Mar
31%
Aug
40
150
49%
-
July
2
8
;
«...
'
18
18% May
450
!* -A
^
C
Feb
Jun
Jan
1
-
10%
May A
15%
if
■
.
700
:
•
■
..
m
&
Elec
$6
•
Mar''..:
50
Aug
3%
-v'<
—
*
,
L_
,
61
13%
100
Va July
100
July
,7.
U
Jan
%
ft May
Jan
A/..,v A .■•■..
common
*
*
—
A
'
Jan
Va
400
"• 93 Va
30
%
•
•
A
92
92
1
12%
—
—
il
...i
Aug
15%
102%
6% Aug.
13%
*
common...
G%
Feb
59% Mar
£1
reg
preferred B__
...
%
%
Aug
4% May
Feb
52% May
—*
A
:
106
Jan
88
110
105% 106
—
—
•
Ltd—
Investment
General
Gen
$3
;.
—
6%
Service
pfd
Co
A
Tire
&
2% May
16% Jan
J an
5%
55
95
July
Aug
1/128 Aug
1/256 July
—
—
Jan
Va Aug
ft Feb
•
$6
preferred..*
stock.
_•
com
Rubber
6%
preferred
....
...
(AC)
pfd A..100
Gilchrist
—
'
—'
•
*
93 %
*.
82
—"
2% Aug
—
24
75
21
75
86%
A.
—
—
i_
—
:
—
t—
%
July
Apr
Jan
53%
V
Jan
Aug
•
Jan
7
34%
Jan
103
Jan
82
Aug
5
Jan
80
10
82,
'
'
_•
Gladding McBean & Co
v
—
_•
Co__
93
„
—
Jan
Apr
103%
Apr
93%
23%
*•
—
'
1-".
—
35%
96%
70
44
is«
Jun
,n8 May
200
Va
43%
Jnn
27 Va Mar
July
%
—,
%
...—_*"
—.
common.
—\\
—■
69
Apr
20
—
—
1
__*
Power $6 preferred
preferred
55
V
—
■
May
4
May
41
Apr
42%
Jun
July
4%
Jan
3
...
'
Feb
Va Mar
Glen
Alden
1% May
Class
1%
Aug
2 Va
$7
4%
Jan
x%
Apr
Jan
6% May
% Jan
21
100
Water Gas & Electric common..il
$5
Jan
*2
1
Rayon
Gilbert
18
•.
■
mm,
A 2
100
;
convertible
Jan
Jun
8
*
common
Shareholdings Corp
preferred.
$6
Jan
Apr
■.
'
Co
General
Jan
1%
Mar
-
*
Public
16%
3*2
■'
5%
Jun
3%
100
convertible pfd
Outdoor Adv
Jun
—
—
Aug
Apr
1%.
15
preferred
Fireproofing
Warrants
5%
Jan
4%
500
Aug
July
32
5
*
General
1% May
1%
23
13%
1
dep rets ord
Jan
•
B
"
Consolidated
Jan
14
Aug
Apr
32
Jan
5% Aug
July
1
100
*
—
preferred—.
*
Jo
Inc
class
„
—
'
—
"
23
Apr
Jan
Jan
ft L4ar
Jan
%
—
A
Gorham
Feb
9
92
_•
Mines.
5,900
10%
28
14
13
13
*
•
preferred
Goldfield
$3
Coal
Sugars class A
'
1%
160 Va
400
-M.
1
common
35% July
.
Aug
11%
.
•
25c
preferred
see
Jan
1
2
"
151%
,
Apr;
Apr
225
—
1
stock
Godchaux
Crown
Crown
.
Apr
89
18%
•
Aug
32
■
7%
-
5 -/
General
83
—
•
Petrol
**•
..
-
620
520
*
8% Mar
Jan
%
'
*
*
preferred
12% July
„
"
*
Crowley Milner & Co..
Cent
Jun
Apr
67% May
to 0 0
:
--
82
1,850
„
81
15%
! /•
.
.
* A
Preferred
Petroleum
Crocker
Croft
dep
£1
Co
Power
Gas
Georgia
1%
—
146%
Va July
Jan
Jan
%
—
151 Va
K.
preferred..*
Mfg Co common
General
—
^50
142% Aug
Mar
32
7-
•'
5 7
reg.
Alloys Co
Amer
Jan
A Jan
83
May
Mar..,:;
85
15%
32
— —
Jan
57
—
■
.
•
Jan
81
■
>
157% 160 Va
10-
Distilling—.....
Electric Co
5%
4%
Courtaulds Ltd—
American
$7
preferred
Jun
—
83
158%
Feb
Jan
5%
490
..1
•
157% 160%
•
'
83
149
9
28
May
70
;
>
Apr
Aug
4%
20
Canada—
Grain
Gamewell
Gen
6%
1,150
100
G
v
Jan
31
5%
Jan
Jan
'
Jun
Jan
July
7%
—
t*
Jan
Ltd—*
convertible
1%
60
—
—*
5c
preferred A—
Cosden
W-r
5/64 Apr
4 Va
158'/a
1
..it
General
Cooper-Bessemer
Jan
50
149%
—*
1
—
Brewing Co
Co
conv
3%
30
10%
6%
1447/a 146%
1
—
participating preferred—,
Jan
—
--
2% Mar
4%
140% 142%
'•
■
Jun
$6
preferred
Continental
Jan
100
21
145 Va
.
1
<Phila)—*.«,
Stock
(Geo A)
1%
100
63%
-'-V
5
Airplane.._
&
&
of
Worth
Fuller
Jun
53 %
Mar
107
—
1%
stock.
non-voting—
voting
Froedtert
Jan
Gas & Electric Co—
Continental
7%
Royalty
37% Aug
7/a
37
—
„
100
.100
May
1,700
—
4%
11
'
1%
3%
20
2% July
Jan
60%
44%
:
38% July
Apr
300
'■■V
.
;
rets
A
General
Consolidated
Jan
A
8,000
"
'
1 % Mar
39 % Mar
60
17
Aug
1%
38'%
.100
common
Mfg Co
Fox
9% Mar
Jan
7/a
800
112%
103
1
100
50
111
1
Smelt Ltd
Stores
1,400
1%
49%
100
Utilities
Gas
Consolidated
1%
1%
-
.100
preferred series C
Consolidated
1%
49%
preferred
series B
1%
1
*
Jan
Aug
2
'
~
1
Motor
A'/o
1
Jan
17
10
107/a May
37%
.
—.4
Equipment
Engine
Fort
Jan
A
Apr
7% May
as
common
%
Jun
34% Aug
.100
Aviation
Class
Feb
*
Co
L P Bait
Jan
Mar
13
1,100
22% Mar
Jan
Va
11
:'';v
t
Inc
dep
Ford
Jan
1/256 Mar
200
8ya
i
common
Motor Co
Am
Jan
V/a
Jan
25
100
Association
Ford
*
Telephone &
Consolidated
Consol G E
4%
Va
1
:
33
;/•
3
.'.
Metallurgical
Conv
1946
May
37 %
-
50
Fedders
Shoe Machinery—
Compo
19
200
10
1Z •:.7.1
■■
*
preferred
Franklin
Community
J an
"v,f'
~
37%
...
Fansteel
Jan
50
Jan
52 %
'
.10
—
15
Brewing——:
Jan
13%
1%
Apr
16%
-'1/
,
Jan
% May
'
.
—
Inc
Fairchild
3% May
72%
—
13%
'
8%
6% Aug
41
Apr
34
1/64
Feb
.
....
1
Falrchild
Aug
Jun
54
700
July
125
A
5
Pipe Line common
Eureka
Aug
7%
1
Mar
..
'
convertible
Esquire
Apr
U Aug
\?f
8
Feb
17%
50
Feb
500
MhM
Power participating
Equity
Jan
4%
•
900
21%
21
;
v:
...
preferred
Empire
'
-25
Service
2
100
19
Mar
Jan
"100
65%
1/64
Distribution
;
% Mar
18%
1
&
6% May
65%
18%
warrants-
Southern
Commonwealth
Community
1
preferred .100
1
100
43%
:
■
preferred
Florida
25
5%
:
Jan
200
*'200
3%
3%
warrants^—
Arms
Columbia
% Mar
'
'•
'
-
'■/,
■
preferred.
8%
5% Aug
%
3%
2%
Mar
6 Va
:
43
A
•
common
——
Vi'o
Jan
Jan
6%
--''.7
—
.
6V2
Feb
Jan
Jan
6%
•
B
Electric
Eversharp
Mar
•
.13! A."' 12
1C
*
.
—
6%%*
Mar
.15
Aug
3%
6%
70
Aug
Va
400
7%
7
'
lZ
Mfg.——
Empire District Electric 6% pfd
Empire Gas & Fuel Co 6% pfd
6% Mar
July
"
*
ordinary
2% Aug
Feb
v
Light 2d pfd Ad¬
warrants
;
Emerson
Jan
Aug
V.;.
-
_
1
Jan
Apr
4%
''i.
•
Mar
300
7%
*
10
_
Jan
52
3%
...
Rosenberger Inc.
Development
Colt's
•
Co
25
2%
~7% ~7Ve
—
Electrographic Corp
Elgin National Watch Co
Feb
700
5
Jan
25
A
<.
preferred
option
Feb
Apr
5%
Jun
67
62%
62 'A
—
Electric Power &
Jan
1,200
4%
7%
Jan
July
1%
2%
«
c
Share
preferred
$6
Jan
23%
5%
5%
Apr
■
Feb
14
•
•
Jan
Aug
19
1,200
62%
62%
—' *
Machine
&
$5
Jan
Va
■y *-,•
.
t
v
'■
Feb
100
OH
»
.
5%
x6
52
—25
:
Sugar Associates—
preferred
Jan
3%
"
'A'"
10% Mar
Feb
3%
160
60 %
~2% r2%
.100
Economy Grocery Stores
July
13
•ys
:v
1,400
4%
r-
Iron
Corp..
preferred series A—.
$6 preferred series B
Jan
40
—
*
Y00
Utensil
Jan
29% July
20% Mar
~100
$7
Jan
62
2% May
—
X6
*
common
...
Falstaff
Club
May
13%
'7% Aug
3% Jun
700
•' 3 Va
60
„10
Assoc
Malleable
Jun
83
2%
■
3%
4%
x6
•
preferred
Emsco
4
Corp.;
4 Va
40
—1
common
Coal
3%
Apr
27
—
-
1
Inc
Jan
2
Jun
1
Lead
& Fuel
States
Apr
Apr
6
Mfg
13
.2% Mar
28%
—
-
*
common
Eastern
% Jan
Feb
Jun
8
1,300
'
—
««-.
Illuminating
1
Feb
29% July
100
common
preferred
Easy
x4%
50
37%'
35
35
——
Lights
Electnc
Clinchfield
2%
9% "
Feb
Jan
*18% Mar
% May
1
Jan
□a
9%
Jan
1%
*
Sulphur
prior
Jan
47
25
6%
Jan
6% May
5%
Gas
4 % Vu
Aug
70'A
Homes
Lambert
&
Cleveland
8
10%
25
_
8
3%
•
__
Feb
17% Aug
class B
Corp
Picher
Jan
Jun
107
;
*
Co
7%
8
*
Controller
49%
7
10
Eastern
Jan
600
9%
_
Suburban
Clark
9%
*
Stamping
Auto
City &
100
1%
Jun
xl7% Aug
-.1
Coal B
&
Hosiery
Eagle
Jan
A
....
preferred.
'7% *7%
Jan
Mar
Apr
1
Condenser Corp
Test
East
Aug
85
—
L
6
7
—
&
105
Mar
%
39%
*
Texas
Jan
3%
Jan
72% May
*
preferred.
6%
101
150
•
Mar
30
74%.
Duro
6% July
Feb
Apr
58%
preferred BB
100
1
3%
.
Jan
85% May
.10
—i
"
105
1
10
Corp
Durham
Jan
90
56%
preferred B
51% May
:~1
common
common.;
Harris Co
Apr
42
103%
1
common—
preferred
60c
Jan
Bridge Co Ltd
Duval
20
10
101
74%
.100
preferred
Service
$6
101
5
Co
2% Mar
37
—10
.
Duke Power Co
Feb
5%
4
Shaft
May
2% May
700
2%
25
5
Mfg
Flexible
Jan
Jan
common.——
Co
Draper
ft Aug
•
Apr
•4%
2%
2%
10
Cherry-Burrell common—
Chicago
V 100
6%
Co—5
.'
common
Chesebrough
Cities
6%
1
Weather Strip
Metal
Chamberlin
Aug
18%
Jan
50c
Co
12
111%
6
1
Utilities
West
South
&
121
Jan
Apr
4%
1,000
100
pfd
25
30
.10
Truck
Dubilier
99
com——*
Products
Light 7%
6 Va
6
preferred.100
5% pfd—100
Power
Steel
Central
7%
Aug
Jan
*
—
Dominion
Jun
90
1
Elec
&
Power
York
Central
Central
Gas
8y2
Xl9% May
35% May
—1
1
America
May
ft
6,700
V 25
i
Co common
Products.———_—:————*
Corp
:
:\V
*
common.
Catalin
ft7
9%
—*
(J W)
Casco
Chief
9%
preferred—*
*
preferred
Carrier
121
%
*
common
Carolina Power & Light $7
Feb
10%
25
—1'
—
preferred—
Divco-Twin
2% Aug
2 >/8 Mar
100
1
A
class
Co
Carnation
14
1
common-
common
Jan
7
Feb
2%
—Zi
Gray IroA Foundry
Alcohol-*-
Products——
Feb
Jan
6%
*
Products
Jun
Industries Ltd—
City
6%
;
.
May
50
without warrants-—20
Mich
Diamond
preferred
Capital
.
50
Mfg
Dobeckmun
Canadian Marconi——_—..
5
14
10,
..100
preferred
Driver
Canadian
Feb
1
preferred
Steel
De
Jun
voting
Jan
1% May
'
77%
voting
non
1%
5
;
Detroit
& Dock..
Industrial
A
Class B
Jun
300
7
,25
—
Dominion
Canadian
6%
,10
Mfg class A common—
Gasket
Detroit
Apr
Ltd
participating preferred
Canadian
1%
~ioo
———
Aug
Jun
6%
—35
debenture
Feb
1% July
7/a Mar
♦
Co
Cement
6 Va %
7%
Corp
Tungsten
Apr
Aug
10%
1,000
12%
9
15%
1 % May
"III
*
Detroit
Callite
,12%
*
i
convertible
convertible
6%
■
—10
Power
%
Aug
4
1%
12%
5
common
Derby Oil & Refining Corp com...
ft'-, ft July
Jan
Detroit
Am
California
&
% Aug
% Aug
50c
Ltd—
Wireless
&
50c
certificates
High
:
Va Mar
100
5
prior preferred
8%
Products common
trust
5
72*50
common
Hosiery Mills
Rubber Mfg
Dennison
Voting
4
*
Dejay Stores
Cable Electric
Low
200
Va
D
Petroleum
% Mar
""
12 %c
Range Since January 1
High
Va
4
5
Davenport
2,200
w—*
—,
Low
Jan
77
8%
Shares
Jan
150
for Week
A-
1.10
common...
Curtis
40% May
Jan
Niagara & East Power—
$1.60
$5
40%
50
Line
Pipe
Sales
Range
\
*
Sugar
Tobacco
Cuban
Buckeye
Last
Sale Price
•
Crystal Oil Refining common..—
$6
preferred—_—
127/b Mar
16
Week's
of Prices
Friday
Exchange
Par
% Mar
11%
ia
Curb
York
Week Ended Aug. 28
,
High
5
common
common
Monday, August 31, 1942
1%
28
Jan
Mar
Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
STOCKS
York
New
;
'
Week
.
Y
Y
•:',
Curb
Sales
Range
for Week
of Prices
Shares
Low
Par
Mfg
i
common
Grand Rapids Varnish
Gray
Week's
Last
28
.'.-
Gorham
Mfg
Great
Friday
Sale Price
1
Exchange
Ended Aug.
Co
Pacific
&
2
%
69 '/a
150
69%
Apr
124
York
New
Northern
Paper
Stores
5%'
3%
Jan
Lackawanna
Jan
134%
1%
$5.50
pfd—.
$6 pref erred YYY—Y———
Gypsum Lime & Alabastine.Y.i
100
31%
32%
•
—*
.y^
32%
Jan
27
200
1%
25
-
Utilities
States
250
27 %
5%-
4,800
Y
.common. .250
Products
Gulf Oil CorpY
27 %
..25
,
...i.Y— .Y*c-'
Greenfield Tap & Die.
Grocery
%
Lamson
%
Apr
Electric
Hartford
Rayon
Harvard
___
voting
Brewing
trust, ctfs
Co—
Co
2%
Feb
Oil
Material Co.
Feb
4% May
Locke Steel
mm.'•'
•—«
\t'*
■
1%
A
•
600
'J
'
r
mm'
4%
-
1
400
7%
*
7%
mm
■mm
26
—
common
Products
'^.Y Y
Chain———Y«
M
3'A
Loudon
Jun
20%
& Co common
(Geo A)
Horn
(A C)
Horn
&
Horn
&
Packing
Co
common
Louisiana
Land
Jun
Louisiana
Power & Light
Jan
Aug
10
Aug
.10
Apr
&
Exploration
$6 pfd
Jun
Oil
&
Refining
Fibre
1st
preferred
Ligonier
1st pfd v t c
14
1st
Co
YY
Mangel
2% Aug
17'A
$5
Jan
7%
5% Mar
100
14
;Y
Apr
Feb
8%
Jan
Va May
%
Jan
14% Aug
13% Aug
24%
Feb
23%
Feb
200
■
—
„
1%
.
.
4
4%
Jun
2 y8 Mar
1,300
:
3%
Apr
4% July
--
—
--
—
93
May
102
10
—
--
Jan
Mar
12
Apr
Jan
23
Mar
Jan
,-mm_
..
16%
--
Stores
1
preferred
Consolidated Mfg Co
Marconi
International
munication
12
Jan
12
Jan
'fi
*
Marine
Margay Oil C6rp
30%
Feb
Marion
27% Mar
2%
Jun
Y'Y
;
*
Steam Shovel—*
t
v
Jan
McCord Radiator
Apr
McWilliams
*
12V2 Aug
15
Jan
Mead
27%
& Mfg B
Dredging
Johnson
58'A
Jan
Memphis Natural Gas
5'A
Jan
Mercantile
5
6
Mar
Merchants
1
mm'
mm
9%
1
8
•
'•*
■-
•
'
~
<'
>
y8
Feb
A
Jan
9JA
200
2
Merritt
% Aug
27/a
Jan
Co
Stores
arrear
Zinc
preferred—
50
;
certificates
Metal
Y
•
....
——
i.
;
Co—
*■''
-,
'
mm
*
19
19
1
■),.
9 %:
400
9%:
9%
A May
16 V»
400
1%
-
1
150
(Can)
Registered
—.
*
of
Tobacco
•
Great
5
Britain
Ireland
:;:Y Y.
9
.:-
"7%- ~7%
'
;
"7%-
*
_
of Canada—:
Imperial Tobacco
,:Y
£1
coupon—
••
*\Y':'
mm
mm
■
mm
~
•
Chapman
A
13%
Jan
& Scott
preferred—
16%
100
preferred
16%
7% Aug
Jan
Jan
Jan
Textile
Apr
4
———100
•
of
North America
10
107%
Class
Jan
Apr
18
Jan
Apr
18%
Jan
10%
% Mar
Cigar Machine—:
International
16
Apr
16 -Y 16%
100
7>/4
Feb
17%
55%
Apr
77%
10
•
50
2%
1%-
1
1%
1%
-
2%
■
800
1%
800
13
Aug
B
1%
•
Feb
2%
$2
1%
Registered
shares—
International
11%-
*
Y_;
Products
*
International
Safety Razor B
Apr
4%
Utility class A_
2,700
11%
Corp
1
9
,,
200
Home
—*
T.
•
1
Equipment
11%
11 %
Jan
Jan
.
«f««
'
•
1
Yif
6
Y
v
200
.
-
100
23%
6%-
Corp
$2
conv
700
;
4
100
Aug
4
July
200
&
IV2
%
Jan
2% Aug
1% Mar
8% Aug
126
Jan
37/a
Jan
21
Jun
37/a
Co
dividend shares
Jan
Jan
8,500
1%
Feb
6
Oil
Piping
Co
Jan
99% July
y* Jan
28%
Aug
Feb
Jan
7% May
Apr
%
Jan
Mar
1% July
l7/a
Apr
30
Aug
106%
Feb
%
300
50
3'/a
Apr
4%
Jan
200
%
Jun
1%
Jan
Feb
%
7
mm
7
100
;
6% July
8'A
Jun
5% Mar
2%
Jun
3% Aug
mm
3%
3%
3%
400
Y4 Mar
.
—
mm
•
~3
3
—
3
--
2% July
1,400
Feb
8
—
—
% Mar
4%
-
MM
12%
27
mm
&
Supply—
•
MM.
1
57/aY.
Mining
Pwr &
V
.
'
yY-
—
i«
4
Jan
Jan
8% July
& Mfg
50
2
100
mm
pfd—.100
mm
'
'
x5% May
13% Aug
'
■}
300
1%
•
common
Pictures
Monroe Loan
Montgomery
Montreal
*
Moore
1
common.
1
Utilities
..
•
:.
May
82
Jan
May
103
July
31/*
7%
300
4'A
4%
15%
__1
Jan
Jan
4% July
300
4
Apr
7% Aug
5% Feb
15 y# /
100
15
Aug
30 y4 Mar
200
: ■
V» May
1
„
—
—
Aug
,
iy8
,'•/y
mm
-
y
mm'y::
Feb
1% Mar
5
Y
Aug
6
152
Mar
161
Feb
Feb
"
16%
"%
16 V2
25
%
300
■3 %
Mtge Bank of Col Am shs
Feb
15'/a July
%
Aug
5'/a Aug
—
—
--
15%
y
mm
*
stamped
Apr
5
—
--
44'/a
%
.
•
partic pfd
Dist
.
7%
% May
Feb
67
90
-'
"M—' If! .mm";
__
7%
Jan
Jan
14'/2 May
2% May
32
275
39%
10
Light Heat & Power
(Tom)
*
15 ya'
Ward A
Moody Investors
/
—
....
Society A
Dakota
Montana
*'
Jan
Jan
1%
7
% May
„
mm.
May
% May
200
6
•:.2%
MM
14% July
41 Va
..
mm
37%
37%
*
pfd
MM-
11% May
25
300
__..;;
*
Light. 7%
12%
27
mm'
M —
6
10
Refineries
Monogram
Jan
10
6V2
115
4%
-
*
50
Monarch Machine Tool—
Feb
ia
Mar
A
%
Voehringer common..—2.50
Molybdenum Corp
1
% Aug
3 %
Jan
26
'
MM
■
*
common
Abrasive
Missouri Public Service
Aug
Apr
29
ft Mar
—
MM
—
preferred—•
Mississippi River Power 6 %
Aug
July
22% May
4% Apr
•
7
.
&
200
6%
t. 23
L
6%
v
1
32
Jan
4%
mm.
1
Minnesota
5% Aug
& Feb
2
y.Y.y
V ; :
*
preferred
prior preferred
•
4
*
B
Jan
23
--
MM
•
5
common
Mining Corp of Canada
Jan
8 % Mar
-700
5
Aug
Mar
Apr
•
International
Y
5
V
11% Y
--
*
Corp
non-cum
Mid-West
Jan
1/128 July
11%-
2
2%
MM
Mock Jud
International Paper Co warrants
International Petroleum coupon shs—•
Feb
18
__
M-
__
MM
2.50
v t c
Midwest
Aug
Jan
4%
-
International Metal Industries A
90
'MM
"l%
1%
15
:
10
Oil
Mid-West
Jan
1%
'
m:y-
MM
25c
preferred
Minnesota
Inc—:
Industries
International
Apr
3%
Midland Steel Products—
Jan
International Hydro Electric—
Preferred $3.50 series
40
94
Aug
800
63%
111
4
1
Hone
West
Midvale
1 % July
62%
-
63%
Apr
iff
Corp
Midwest
Co
Feb
6%
mm
1
Middle
Apr
Apr
Industrial Finance v t c common—1
preferred
Jan
10
-
'•
•
Middle States Petroleum class A vtc.l
Jan
Jan
12
100
M
300
—
*
Micromatic
7'A July
9
12
40
100
8%
MM
M.
100
Preferred
2%
5%
86%
40
•
"l%
—
Bumper Corp
Michigan Steel Tube
Jan
8%
93
1%
Apr
aa
--
2% May
107
mm
Michigan
Jan
2%
93
Jan
1%
.*
preferred
&
7%
Indianapolis P & L 5%% preferred_100
27
Jan
8%
'
mm
—
class A—1
Metropolitan Edison $6 preferred
Midland
,
6%
2'A
7% Mar
£1
Pipe Line
Service
23%
Apr
May
6
mm"
mm
Apr
Apr
2'A May
__
—
*
preferred
Participating
Jan
2% Mar
2,600
•
\
mm
"
*
Jun
July
10
•!!:
—-
"
.
MM
5
common
common
Michigan Sugar Co
L—
rets regis
Imperial Oil
%
Mar
1
Chemical Industries—
mm
—
*
& Manufacturers
Warrants
Aug
I Y
Co__
Jan
1
2JA
50
Aug
% Aug
;
•
&
Participating
Feb
4%
•
2%
Jan
;
"mm
:: •'
'''
m m
2%
.•
800 1
9%
mm"
mm
Y
■'
mm
*
112
2% Aug
"
Jun
July
25%
—
:
''■:■■■
<m'rn.
■
'
Jun
46 % Mar
'-
*
Jun
200
mm
~
MM
mm
21%
1,000
'
'
50
.
1
,>
1
c
109%
3%
-
'•
mm
—
m
50
51%
v
—
*
100
■■;
MM
2% July
13
:
%
1
Com¬
10
22%
■
mmYvv.-vY
Mass Utilities Association
—
mm*})Y '
1% Mar
Y
MM
—-»v
•
Ltd
Co
14% Aug
"-Y''
—
convertible
Apr Y
!;i
::-Y—
optional warrants
12
Y
—
—
'
I
Power
Iowa
$3.50
Jun
M
Manati Sugar
50%
"
51%
•
preferred
convertible
Interstate
,Y
--
—
5
common
Messabi Iron Co
!
Aug
Feb
6 % %
$1.75
Jan
1
57/a
100
Corp
13
*
Class
Feb
16
Jan
Y 88'A Jan
12% July
1,100'
107% 107%
5
1%
14%
July
11%
Y 1% Mar
6
22%
—
107%
—5
common
for
Insurance
6%
Apr
Y
'.
14%
13%
—
100
Massey Harris common—
*
Corp
Hydro-Electric ' Securities
7V
Apr
50
-w.'-
4%
*
7 %
Lynch
Jan
5
9% July
67% May
100
14%
—
5
Hygrade Food Products
Indiana
Jan
Jan
24
3% Mar
1,75
mm
%
*
Humble
Hummel-Ross
6
mm
100
(Harvey) Inc
Indiana
Y
4,000
"J'1.'
1
7%
Conv
Jan
6%
*
Hubbell
Imperial
27%
Ludwig Baumann & Co common—..*
20
13%
14%
1
Baking
Hardart
dep
Feb
July
5
150
A
7
UYY:':;
—
Jan
7%
100
(
6
•
preferred
Am.
Y
•
...
2'%
:
•;
69%
,-13%
:
•,
;
Hardart
Imperial
5%
Feb
%
11
6%
6%
6%
6
■'
'
9%
i'.'y*'
;.Y
.
•
i
Div
Jan
5
Jan
%
13%
Jan
5%
m-:
9%
V"^
•/'
68%'
5
Hormel
Illinois
"5%
5%
_*
29'%
100
mm'"
"
mm
10
Horder's -Inc
5'*
Jan
2,600
—5
Star Gas Corp
Mapes
Illinois
1%
10%
2% Mar
% Mar
1% Mar
50
8
mm"''-*
■
'.mm4
2%
& Co class A
c
Jan
3% May
•
3% May
mm
.
10
_
Hollinger Consolidated G
Holophane Co common
t
5
.
25% Mar
-
2,200
7%
7%
77/8:'
2
Heyden ' Chemical
V
—
common—
'
mm
4%
:
2V2 May
14% May
mm
1%
•
4 %'
Y
Jan
1% Aug
'
mm
mm
•
Huyler's
2,200
iV
Long Island Lighting common
♦
7 % preferred class A
100
6% preferred class B———„ 100
~1% "l3/«
5
Hussmann
Feb
Apr
Feb
'
Preferred
57o
6%
13%
Apr
20
Apr
Henry Holt & Co participating A
(R)
4%
.1
1%
Hewitt Rubber
Hildick
July
1%
4%.
25
(R G) Inc.
Brothers
Jan
102
9% Mar
4%
Lipton (Thos J) Inc 6% preferred—25
'
Hoe
Jan
*
Feb
5
:
100
10
5% May
12
50
—
100
Jan
2% Mar
13%
—l*
Development.—..
Le Tourneau
Lit
%
25c
common
3
Jun
*
Lone
»
!
Class A
9
July
1
Lehigh Coal & Navigation.
Leonard
43% Mar
May
2%
Lefcourt Realty common..
Convertible preferred
Jan
May
5
2
———;
Jan1
,
Rubenstein
Heller
United Bakeries class A
B_,
Conv
Helena
22
800
Jan
Y__.
Y
10
6%
,
100
19
♦
preferred
26
6%
1
common
46
'
convertible
26
6%
100
Co
Apr
1
Mining Co
preferred
Wells
May
1
Dept Stores common...
6%
Hecla
Bryant 1%
Line
3%
High
2
15
YY1
Corp..l—
Low
5
40
Corp of America B non-cot com__1
Hazeltine
Delaware
Class
Jan
109
:
26
100
—1
-
10
Light-
Range Since January 1
High
——1
25
Paper.;.——
Hartford
Hearn
Ltd
Corp of
Langendorf
Jan
108
> 2% May
*
Low
1% July
34%
Apr
92 %
Jan
7% Mar
-
24% Mar
*.V::...'
•: v.
35%
Jun
Feb
91
■-!;
%
CoY—Y---.---.--5
Lamp
Hammermill
Hat
(N J).
Lane
Jan
'Y^YYYvYY
Hall
RR
Mines
Shore
Lakey Foundry & Machine
Jun
i3»
Jun
5%
'
Shares
Jan
83
Feb
...1
Brewery.;.
for Week
Par
Lake
69
Sales
Range
of Prices
Friday
28
4% Mar
May
58
29
Week's
Last
Sale Price
Exchange
High
19% Aug
3% Aug
50
Curb
Ended Aug.
Lane
Greater
Gulf
19%
Week
Tea—
Non-voting common stocks—
I'/o
1st preferred..—100
Great
Low
5
—
Atlantic
High
.19%
10
STOCKS
York
New
Range Since January 1
__1
:
767
17% Aug
20
July
7/a Aug
5% Aug
'
V V:. vf.:Y
Interstate
Mills
Power $7 preferred—
Hosiery
Interstate
*
—
*„
15
'•'/ Y
Y—
'
Investors
Royalty
1
Fireman Mfg voting trust ctfs—_*
Iron
Irving Air Chute..
—1
Y
«...
:
8%
*:
1
%
»'
....
23
% May
r-v
J
''
Mar
8%
•'
8%
"",
300
10%
Jan
7% July
Jan
% July
Jan
*
•r-
July
;15
Y
Jun
9 % Mar
Mountain
City Copper
Mountain
Stales
Piston
Co
6%
(F L)
Glass
Jeannette
1
Co—
11
Co.
2%
2%
2%
800
1%
*
Jersey Central Pwr & Lt 5%%
preferred
l'/o
preferred
j»
Julian & Kokenge common
^
1%
75%
50
Ring—
May
81
88
68
Jan
95
Apr
Bellas
National
K
Hess
Ken-Rad Tube
&
Lamp A_—...
Kings Co Lighting 7%
5%
111%
5%
5%
100
Pfd B„—.100
preferred D—
Jan
6
*
4
Mar
116'
July
27 % Mar
100
convertible
Klein
Lake
G
!
19
Apr
Emil)
(D
Kleinert
(I B)
Co
—.
Ltd
Co.—1
.•
Jan
%
10
Jan
8
•Y
National
*
5% Aug
Jan
.53
39%
$6
4%
Kress
convertible
(S H)
Kreuger
For
1st
footnotes
preferred
National
Rubber
Feb
National
Steel
% Mar
National
Sugar Refining
Jun
Tea
12%
Apr
Jun
20
Machinery
page
770.
Jan
9
A Feb
i3«
J an
Apr
18%
11
Feb
11
11
Jun
14% Aug
39
MM
*
14
600
14%
8
8%
Jan
45
Apr
Feb
May
"8%
400
8
Apr
10%
Jan
8%
300
8% July
10 %
Jan
Jan
3
1%
Jun
175
68%
Apr
95 ya
Jan
70
62»%
Apr
93
Jan
1%
Jun
5%
Jan
21%
Apr
*
74
75
70%
74
70%
»
Ltd
5%%
Apr
*
♦
preferred
National Transit
8
Feb
National
3%
10%
National
Union
Mar
Nebraska
8%
9%
9%
9%
100
2%
2%
7% Mar
300
2,600
2% May
7%
Jan
25% Aug
Jan
11
7
Aug
7% Mar
9
MM
Jan
10% May
Apr
Feb
8%
8%
..10
12.50
Tunnel
Jan
81
Jun
97
50
Apr
52%
10
12 y8
Feb
13%
2ya
Apr
100
6% May
18%
1,200
*
common
Car
Jan
1
Co
see
86 %
Jan
5%
68 %
Jan
Nehi
special preferred
Brewing
85
10
Aug
Aug
MM
*
1 % July
2
1.
unstpd—•
preferred stamped
Refining
Feb
7% July
86%
Jan
5
Oil
&
Mines
Radio
»
.•
Co
4
Corp 1st preferred
Feb
Nelson
Feb
Nestle Le
Mur
Co
Corp..
class
'
Feb
Aug
11
Jun
113
Feb
Aug
84
Aug
•
105
84
.
Mar
A
5
2'A
Apr
3% Aug
*
Neptune Meter class A
Jan
Jan
% Aug
y4
<•.
100
*
preferred
4%
9%
*
Power 7%
(Herman)
2% May
30c
-
100
7%
57
1
common
National Pwr & Light $6 pfd
Navarro
Koppers Co 6% preferred
Kresge Dept Stores—
Feb
20
*
;
Mfg & Stores
2
1
9%
50
(Del)
National Fuel Gas
77/8
10
:
Inc
1% Mar
*
common
Rubber
Stores
1
1
Knott Corp common
Kobacker
1
1
M Co
May
100
%
1
preferred
Container
Jan
National
Kirkland
7
Feb
59
....*
:
National
Kingston
Products
Kirby Petroleum
Jan
mm
1
common
common
City Lines common
$3
5
114%
"5
•
Candy Co
National
;
Apr
N
Nachman-Springfilled
National
Inc
Feb
99
5
Jan
National
Kennedy's
11%
57
57
Jan
Apr
*
preferred—-100
May
-
~5
•
100
Jan
May
9
100
8%
2%
common
preferred
National Breweries
Kansas Gas & Elec 7%
8%
—
2%
4
20
109% 110
Jan
60
75
300
mm
100
...♦
1% May
900
Apr
61
100
-
yY 2%
7/s Aug
pfd—100
100
6%
Jan
1%
4%
*
common
Murray Ohio Mfg Co
Muskegon
1%
4%
1%
10
Power
Mountain States Tel & Tel
Muskogee
Jacobs
5c
common
Producers
Mountain
6 l/a May
8% July
*
1
Feb
1
% Aug
THE COMMERCIAL & FINANCIAL CHRONICLE
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
STOCKS
Exchange
Curb
York
New
28
Ended Aug.
Week
Low
N
84
80%
Apr
11%
11%
59%
59%.
60
IV*
1%-
1%.
2%
2%
200
12%
14%
3,100
~2Va
City Omnibus warrants...—.
Y & Honduras Rosario——
-10
N
Y
$6
N
Y Shipbuilding Corp—
•
Y State
/",
Y
80
12
1% Apr
2% Mar
1%
7%
20
•
1%
26
1 Va
53
preferred—_———2-100
Class A optional warrants!—.—
Class B optional warrants—
53
35%-
2d
35%
May;//
•i
May
■
16
100
Railway & Utility Investment A..
Raymond Concrete Pile common
Jan
Apr
lVs
525
,.,.'1.50—■
Red
Jan
Reed
Mar
Apr
30
32'
Bank Oil Co—„—
Roller
A
Class
Niles-Bement-Pond
Feb
Feb
Rheem
69%
Jun
Febi
Rice
53
*-v
Jan
Richmond
.
Republic
"1/128 Mart„
Va Mar
Hundred Corp B——
Nineteen
-100
-
9
^
f
86
90
Co____
Jan
Stix
Mines
Electric
Noma
common.-
prior preferred
55%
-
American
•
50 Va
Public Service 6%
Nor Indiana
States
Northern
5
5%
%
15%
Corp.—————*
Novadel-Agene
5%
?%•''' 200
U
•
Jfln
16 Va
Apr
51%
Apr
.'1% Aug
2%
Jan
% July
14% Apr
1 Va
ala
10 Va
10%
3%
1,100
'•11%' 11%
mz 34
pfd D
■v," 100
7
V"%
77
Jan
Feb
5%
Apr
x6%
Jun^
Jan
11%
Jan
:% Mar s
300
*1,500
—100
1
1
Jan
July
%
95
May
Jan
Jan
preferred.—100
•
_5
common
Field Inc..
8
•
8
"l% "IVa
preferred..
400
12% Mar
9 Va
2
■
20
Jun
4%
1%
7
.1
Co—
10% May
17% Apr-
200
^
5
Apr
2%
Jan
Feb
Jan
9 % May
"3%: "3%
Consolidate^ Petroleum..
100
2VV
2%
'
..*«
1
Ryerson & Haynes common.....
3%
Jan
53
Jan
600
3%
'
—__1
15
v36% Mar
Typewriter—
Aeronautical Co-1
Ryan
11%
•;
\ Apr
5%
Russeks Fifth Ave———^2%
Ryan
Jan
A
2% May
10
Jan
18 V* Mar
Apr
9%
50
3%
"3%
....1'
c.
Feb
A
12% July
45% Aug
2%
3% Mar
Jun
5 Va
1%
1,400
Feb
3 Vh
*"
Apr
2% July
"**
100
%"•
•58
'"
.
V* July
li
Feb
Feb
»£'■',
A May;
Jan
102
V Jan
Jan
9% May
Jan
1% Mar
6%%
Corp
Petroleum
Royal
"July
3%
1
J an
300
"l% l7/a
1%
...1
...
Valley Gas Co v t
$1.20 convertible
Jan
7108
Apr
7%
300
16
V.
Apr\
87
7
25
class A
Power
72%
pfd.100
—100
—10
preferred.——
7 %
V
?
3% May
•
Feb
y8 Mar
52
-
KV*- A May
•
Root
Aug
18% July
Jan.
8a
6%
Jan
*
Radiator...
Tel
Roosevelt
19
,15 % Mar
.—5
Northern Pipe Line—
^
88
.Apr
15%'Mayi
Utility Securities—
Central Texas Oil—
Northern
3Va
Feb
50
—50
North
Jan
100
14
13%
1
Roeser & Pendleton Inc
%. Jun
Apr
A
--
7
200
56
—•
B
Class
6 llo
3,800
55%
Feb
2 V2
v
•
—i——*
class A———•
North American Rayon
%
sv/
400
& Power common_.l
preferred
$6
%
1
—.
North Amer Light
%-
...———5
—
Jan
A May
_.r
Goods—
Dry
Rome- Cable
5% May
•
100
•
;
Aviation
Rochester
Jan
14%
Jun
5 Va May
1
■is
Apr
8%
.800
"
Nipissing
70
150
; 8 Va Apr
Apr
Apr
Manufacturing Co.—__L_—.1
Rio Grande
" 2% Jan
■,
Va
Va
.50c
Reliance Electric & Engineering.—.5
27
,
2% Mar
1,300
87
8%
8%-
*
—
.
Apr
May
——1
Reiter Foster Oil Corp.—
1%
•
Bit
Rochester Gas & Elec 6 %
2%
56
8%
$3 convertible preferred.
•
Raytheon Manufacturing common..50c
Jan..
'
2%
87 ;•
80
139
*
Jan
Jun
A Jun
5
preferred.———100
66
1
102
;•
1/256 Mar
Niagara Share class B common—
X65
10
...
91%
■
•
.19%
,;
common
7
Apr
80
1
36
66
♦
25 V*
>
Jun
.
3,500
54%
.
High
Railway & Light Securities
10% Aug
74
10
1%
Low
R
Voting
81 Va
.
650
26%.
1%
Range Since January 1
High
100
'
Radio-Keith-Orpheum option warrants-
Feb
v
6VaJuly
26%.
Power
Feb
18
Jan
94
pfd——100
preferred
Apr
2%
'
Water Service 6%
Low
Jan
3%
:
Jan
11% July
"
v-'S
5
......
Shares
Jan
300
18%
-
-
for Week
♦
common
6'/o
Quebec
Jan
Apr
* .v...
* \
Feb
68 Va
80
17
Niagara Hudson Power common
-10
1st preferred—
5%
.—100
5%
89%
Quaker Oats
Jan
4%
;<
——-1
Electric & Gas $5.10 pfd.100
New York Transit Co—
N
80
101%
•
v
10 % Mar
500
10%
88%.
89%
shares.—
Founders
N
10%
...—-ti—.i—10
Power & Light 7% preferredj.100
preferred
...
—*
Merchandise
Y
7% Aug
•
Apr
Sales
Range
of Prices
Friday
28
Jan
50
■
N
30 Va
,
Week's
Last
Sale Price
Exchange
Jan
100
:
Curb
Ended Aug.
Par
1 Va
650
..
',
Auction Co common——_i—•
Y
N
Aug
.150
...
Land— ;—l
Mexico & Arizona
Y
Apr
'zzrr*
1—25
New Jersey Zinc
New
86 f
19%
3
Inc common———
New Idea
84
Apr
400
21%
York
Week
High
%
»
Hioo
——
Clock Co....,——
Haven
New
20'/a
.,_100
preferred....—
$2 preferred——
New England Tel & Tel
6%
Low
25
7 Va
England Power Associates..
New
N
1
"STOCKS
New
Range Since January 1
High
1
Par
Monday, August 31, 1942
St
6 Va July
;.
Lawrence
Class
17% July
Mar
St
Salt
O
A
Corp Ltd
$2
•
J....
pref
conv
8% May
50
"1% "1%
Regis Paper common.....——..5
1%
preferred
100
Oil
Dome
Co.——-—
Samson
United
Sanford
Mills
Corp
1
—
400
;
2 Va
2 Va
100
•107
Apr
,120
1% July
1
common
8% May
2 Va Jan
IV* Aug.
50
1107110
.Jan
3%
Jan
%. Feb
*7/
A Jim
Apr
'7, .21% May
Apr
.' 37* Jan
"
Ohio
Ohio
Ohio
Ohio
6%
class
Co
Brass
Ohio
4
1
Ogden Corp common
common...—*
B
,
' /
900
15l&$
100
2%
2%
15
•
$6
102
102
Apr
110
Feb
17%
.
Feb
JFeb
~ Mar
112
91 Va Apt 7 "3.10
98
iFeb j ^ 98
10
A
.
5V2 May
•
--
•
tc,
Savoy
..
v
14%
■
Vv>
143,a
12
100
40
preferred
——,——50
$5Va cohv prior preferred..———*
$3
Feb
;
'
May
50
3%
—.1———1
Jun.;
4% Jun
Jun
2%
i-.i
Feb
■
Pacific
Co
Can
Gas & Elec 6%
Pacific
'I
1st pfd
28%.
%
'600
Service
.
29%
27%
98%
24%, Apr
Apr
Aug
$6
3
500
23%; 23%
7;;n7.l27„;Apr
7: 7. ';
Jan
,
19% May
-•
111
16
,7.26.
.7
Mar
Jan
Page-Hersey
1
preferred
Tubes
•
11%
13
Feb
July
•
Pantepec Oil of Venezuela Am shs
3%'
«.
3.
3%
.
3
16,700
♦
Segal
Co
Aug
Lock
Inc
•" :V
.
■
-5'"'7'
...
certificates'..
200
3%
3Va;
%
~~ Va
41%
42%
7 600
6,500
„
Motors
Pen
Parker
Corp..—1
—..—.10
Aug
Co..
Parkersburg Rig
$1.40
Mills
Telephone
preferred
"7%,
41%
,
'..7
Sentry
Safety Control
n July
:
4%
Jan
Co.—.
Sherwin-Williams
/._• 7
V 45%
^38 1' Apr.
7
" Apr
38
Va
200
7;
4%
$6
preferred
50
24
50
29% July
tV'' '
V
•;
May
30
:;,f
Jan
31% Aug
.,
,
common/
convertible
Simplicity
Amer
9,200
2%
Jan
3%
Jan
Sioux
8%.
9%.
5,700
5%
Apr
9 Va
Aug
Skinner
41
41
V
25
41
Aug
*
74%
69
—
V* Apr
'7
69
.
*
Feb
%
Co—
Sugar Prop
Solar
Aircraft
Feb.
Solar
Manufacturing Co.
74 Va July
105
Jan
Sonotone
64 % Aug
100
Jan
Soss
Penn
Water &
Pepperell
.
Perfect
Co..
48%
48 Va
150
36%
100
89%
90%
175
81
Circle Co.—
:
y 3% May
Jan
2#
;
Jan
Co
3
Phoenix
25
pfd—
Securities
■
1
common
$3 preferred series A
Conv
"
'
w*
•
Co
— —
•
K
-
10
,V
"
7
—
Z.. 7
Jan
.
5
;r
.38%,
Jan
1,700
'
Gold
Pioneer
Pitney-Bowes
Pitts
Mines
& L
Bess
Ltd..
Postage
E
.....1
"lVa
39
South. Penn
Southwest
Oil—..
200
I-
31% Mar-
8% May
5%
""50
—
Pittsburgh & Lake Erie
50
Pittsburgh
Metallurgical
Plate
25
Pleasant
Glass..——___
Valley Wine Co
Pa
Pipe Line
Inc
Pneumatic
Polaris
Sugar
Powdrell
&
...7.50
7
••
original
6%
preferred B__._._
preferred series C—7.7
preferAd.^
Colorado
31%
Feb
Southern
New
Feb
Southern
Jan
67%
47
10%
100
9
43
Apr
67
68%
2%
Jan
"
/''i'
'
300
7
,
•
& Lambert
Premier
Gold
Prentice-Hall
Pressed
Co
; y
.
5
4
■
*
4
f'
"
'
>'
Power
class
Metals
of
-
America
Corp of Nevada
Prosperity Co class B
>
'? :
7'.77*
,
.
kj
;
.
.
7 713
Jan
3Apr
1% Feb
1%
Apr
2%
1%
Jan "
2%
Apr
"3% "3Va
1,900
l7/a
Jun
3 Va
Aug
200
27%
Apr
25
Jan
27/a
.
,
Feb
•; Jan
Spalding
(AG)
Service
3%
Feb
1st
preferred
Amer dep
,,
/ 8% Apr
8 V*
Jun
Jan
3% July
Feb
19% Aug
% Mar
Jan
Jan
14
33
.
Jan
Apr
4%
Feb
a'a May
Va
Apr
Jan
4%
,77/a
$6
Standard
Corp..—
Inc.
footnotes
see
Aug
Jan
110% ill
100
%
105
20
Feb
Jun
1
'
Jun
6
'
1
9%
95
July
122
May
Feb
6Va
Jan
;v> 7%
Mar
7'
Aug
2%
27%
Jan
Jan
6 Va
July
1 Va
1 Va
Jan
1V* July
'14%
14 V*
%
600
•
—
;
-
-
170
10
Jan
18
Feb
1/64
Jan
2%
Jan
•%
May
Jan
-
1/64 Jan
—/>
Brewing Co..
Oil
(Ky)
,
,
(Ohio)—5%
pfd.—
I
■
t
1
Common
Apr
Standard
Standard
Steel
Apr
109
Feb
Apr
111
Mar
103
Starrett
Tube
class
'
■
(A)
& Co common
———
.71
*
97/a
Apr
14
Apr
2
10
50
103
iV
A
500
5%7 5%
7 300
•
'.
A
13
100
t
Jan
110%
Feb
Jan
18
'
18%
600
200
May
13%
•'
i
8
6Va May
A Jan
20%
Jan
Apr
1
1% Aug
46
*
19%
,
3la Mar
...
A
"7
Va May
Jan
A Aug
*•,'.„
1%
Jan
4 Va Mar
" *
„
...
Jan
Feb
Va
A
Apr
12
50
■
1%
"
14
Jan
Jan
.
12
Feb"
A
.
18% '
* '
3 %
10% May
50
__
...1
(The) Corp voting trust ctfs__l
300
1,100
13.
57/aJ
.*'
:
11%
12 V
7
__
1
y
1% Aug:.
■
*
5
'
V* Mar
300
32
17"
B—___.1
Steel Co of Canada—
'
*
Spring..
,
107%"
,*
—1
.•"
Feb
1%
,xl2%" 13%
107% "107%
12
'
Silver Lead.—
Feb
Co...
11%
".— 7
100
Jun
1 Va
1%'
...1
...
Products
Va
11%
1
class B-__——
Preferred
1%
—
10
| Standard Power & Light——1
:
•
A Jun
—
__10
—
100
—
—1
—
2%
•
2.78
—
2%
;
7
2
46
Apr
Apr
Apr
A Mar
Jan
■
Apr
9% Aug
770,
95%
375
87
Mar
39%
775
35
Jan
52%
Feb
6%
1st
preferred—
50
34
Apr
9%
300
9Va Aug
8% May
16 Va
Jan
5%
2d
preferred——
20
8
Apr
8
Apr
5
-
page
39%-
•
Puget Sound Pulp & Timber..
Pyle-National Co common
For
Jan
29
5
♦
...
Standard Cap & Seal common
Convertible preferred..
Stein
95
•
Manufacturing
42
26 %
23% May
_
—
Standard
106
•
preferred
P.vrene
96%
Mar
30% Mar
"
•
•
Standard
V3
100
Puget Sound Power & Light—
$5 prior preferred
27
24% Mar "
1'y;T% "%
>'
7
Feb
2%
Jan
100
._:77
*:
*
...._i.
Jan
1
100
1st preferred
35
-
23% Mar
1
4V<
100
Jan
200
5Va
rets ord regis
Spencer Shoe
Standard
1%
-
7
Spanish & General Corp—
Stahl-Meyer
of Colorado—
1st preferred
r
40%
40
5
& Bros
-
6%
32 V*
•
:> 73% July
6Va Mar
i'
*
Public
32%
' *
•
2%
33
2 %"
•
Gas
1% Jun
100
25
Jan
300.
1
Providence
300
900
—
...10
Jan
16%
f
May
1%
10
7:2%
•
1
Producers
1%
.7
25
A
Co
3
,
*
1
common
2
1%
i..7
,
"
Standard Dredging Corp common.—1
$1.60 convertible preferred.^
__20
300
Va
Apr
% Apr
1% Mar
400
—*
Jun
7Va
'
•
Mining
Inc
;i62% Aug
Feb
1%
1
1%;
25
__25
Line..—...—
Pipe
Standard Oil
Pratt
2;Mar
Apr
28%' 28%
25
—
7- 8% preferred A_—...
Southland Royalty Co
Jan
,63, Va
■'
7
*
~3Va- ~3%'*r-r7, ;
_•
Feb
.
12
2% Aug
'
kr
•*
"
7. 7"
■'7;1.
'
55%
1,800
2%
„*
—
5%
Jun
10%
.5
Corp of Canada...
V* Apr
'
July
:• 130
77i
England Telephone_.100
Phosphate
Southern
39% July
1%, Jan
?
Jun
310
25c
—
Alexander
37
■.
,
■-
...
common...,
'■
51
-—10
common...
Mining Co.
Potrero
Power
Scale
....
■
1
90
'7 —77*
7 7.'/";
7'
5 % "k
7- 10% July
July
48
1
common....1:
Apr
100
7 1%"
32%
—.10
/
Edison—
5%
Feb
Jan
6 Va
4% May -
■
17
Jan
1 Va
■
'•
,
48%
'
Plough
.200
;
Aug
.
"
10
Pittsburgh
5%'"'
1
2,700
Jun
11
*"
..
..
25
California
Southern
4%
7
7-
3% Mar
200
uy
10
7
lv ; Xltev.
#
Meter.
RR.
9
'
iv«;
1%
* 7
Manufacturing common
1:;7 ._/• {
Corp common..._____.__l v
777"
Southern Union Gas../
•
Governor, common.—
Pierce
78% July
,115
9%
Jan
8% May
25
V
1
37/a Aug
•;
Apr
3%
300
Jan
9%
7
1
..
1
4
22
Apr
May
29%
4
4%
•
•
,
4...
•
"110
'/7f % 7v7!"
.7.--1
Corp
Southern
Phila Electric Power 5%
Phillips -Packing
59% May
i
Aug
96
Jan
1%
•
i l 50
Mar
1
a.
common
175%
Apr
2 Va Jan
;
..._....._*
.....
Pilaris Tire & Rubber—
Philadelphia Co
125
20
Co
Power
Mfg
50
common
900
"7.; 10
pfd
'
Mfg
Penn
4
15%
" 77
South. Coast
Penn" Salt
7
Jun
.100
—.7
Organ..5 '-V' 7/7;'
10
■:
Feb
Jan
11 Va
161% 162%
■
1
—
77-;
4
/
Feb
30%
76%
.•
£1
7%
Aug
Feb
5 Va
*
"
100
regis
& Elec
140
75%
.
56
Mar
,3» Mar
,>26
,
*
"preferred.—.....
rets ord
City Gas
.
11"'*' n
Pattern common..
dep
3%
74%
112 "112
•
7—.1,7
Manufacturing Co.———
Singer
112
Feb
Feb
7 ' 4%, May
Feb
2 Va
2,300
—
Simmons-Boardman Publications—
3%.
•
...
Co
Silex
100
2Va
2Va
j
'
77 767/a
25
common...—
Singer Manufacturing Co Ltd—
'
"3%"
_*
...:
com
$7 preferred
& Light
27V4
July
;v7% Aug
...4% May
...
45
Apr
9%
2%
7 "
""
•
Jan
v
4 Va May
4%
4%
__
5
cum pfd series AAA....
Sherwin-WilliamS of Canada..:
$3
1
$2.80 series preferred
Power
600
31%. 31%
Pennsylvania Edison Co $5 series pfd_*
Penn
13
Jan.
'%
.
7
Shattuck Denn Mining
—
Shawinigan Water & Power..*"—
2%
—
class A
10
7%
27%
Cent Airlines common...—1
Penn Gas & Elec
50
v,
3 Va May
,
Mar
36
,
.
'
A Apr
2% Mar
-7——1 7," — 7"
7—
17'7— )•>;-"
Serrick Corp class B__._
Jan
v .. 3% .Jun
"7 8% Jan '(,!>. 10% Aug
7/7A Jan..
;:i i. Mar'.'t
,Pl
l7/a Jan
500
—
Seton Leather common.—
*
—25
Pennroad Corp common..
Penn
7%.
.—♦
common
A
;
Traffic
Penn
13
13;;
& Reel——-..——.1
Patchogue-Plymouth
Peninsular
3Va May
Jan
9%
26% July 7
,
'
.25
—_.
69
July
'
W ::v.
common.
"
'
'•
7
,
Ii',7"— ,7;
—
7 $5.50 prior stock——.
Allotment
7" 29
7 7 6% Jun
——T_.
Hardware
&
6%
/% Mar
•
Inc/
"■iff
100
300
35
6V2
6%
.1
general
Corp
Bros
_*
common
7'
34
———
Steel
7 5%
Paramount
Jan
112% Mar
Jan1
,
1st
$1.30
%, July
7,; 7 15% Aiig
Jan
July
\
7 Apr
A Feb:
8 Va
237/a
Spring BrdokvWater Service—
preferred.——
4*
Seeman
Jan
Feb,
87
2% Aug
71 %
•
...
July
.
90
28
.28%
preferred
25
Pacific Lighting $5 preferred——!
•
Pacific Power & Light 7% pfd._—.100
Public
;i 9
22% Mar ;
25
5%% :1st
Pacific
July;';,
9
..
fe
400:
A
___♦
Convertible stock—
•
A
10
Scranton
Scullin
.
common
200
Xl0% Xl0s/a
/
25
....
-
XlOVa
—25
common.
Selected Industries
V
.
1
Seiberling Rubber common..—
Selby Shoe Co."—7
I.
7 AT
<
—
%
!*
ScraAton Electfic $6 preferred.;^
Securities
,3%
3
lVa
1
—
Securities
Overseas
95
17 y Jan
48 : Jan
,.' 111
' .Jan
Apr '
——
preferred—
Lace
19
5
'
Manufacturing
Scranton
■
—*
Filters B
Oliver United
Omar Inc
:>
ApF
r
Convertible
Scovill
"
14%
Oklahoma" Natural Gas common—15
common—--—
■
Feb
7
Aug
tX'"> '■«•%•*>». .> t'
Co.—
Co
Sciiulte (D A) cdmmoni
' Jan
.
Oil
£chiff
?;t00' '■ Jan
112%, Jun
100
'
■
„•
Jan;
85
t,
20
w
\
2%
Jun
14
100
107% 108%.p
108 %
1%
-
X112 .;
xll2
;—-—5
Ltd common.
Oilstocks
—
,
•
preferred.
———*
Oil 6% preferred......—.100
Power 4%% preferred
..100
Public Service 7% 1st pfd
100
.1st preferred
——-.100
Edison
,
*
-
Feb
6 Va
Jun
10
6 Va July
--
*
-
-
38%
9%-
Feb
Sterchi Bros Stores
1
8% May
Sterling Aluminum Products...".
1
7
Sterling Brewers Inc..
1
Feb
11
2 V*
2%
2%
400
2% Aug
47/a
JjV Jan
37/a
Jan
35% Mar
1% Mar
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
Volume 156
STOCKS
New York
Curb
; Friday
Week's
Sales^
Last
Range
for Week
Sale Price
of Prices
Shares
/
Exchange
Week Ended Aug. 28
Low
Par
Stetson
New
Low
High
~2% ~2%
500
(Hugo) Corp.—
...
Stroock (S) Co.,
Sullivan Machinery—
Sun Ray, Drug Co—
,,
Suhray
5 Va %
convertible preferred—
Superior Oil Co (Calif).
■
10%
11 Ve
1,200
1%
1%
1,000
1
Jan
3Vs
Jan
2%s
Aug
3%s s f debs—
3%s k f debs—.
13%
9Va Apr
f
s
debs—
1950
»
26
-25
—.1960
zu
Swan Pinch Oil Corp..—
45% Feb
11.
7% Jan
2%
......1
•
17%
7
Technicolor Inc common™.™........*
Power &
Light 1%
pfd
Texon Oil & Land Oo
...100
"2%
—.2
Pow
2%
Feb
,
;'v«
Allied Stocks.
&
86
20
,
:
-500
''•■■'•
2% Mar
'
*
Jun
Aug
5%
Feb
ya
Jan
4%
-4%
.......
500
::
4(4 Aug
-
■'
■
A
•<,
^.v
Corp.j_._-
Trans Lux
Avery & Sons
5s
Tubize
Chatillon
Class
Corp..
%
«;
Gas of
4%
1%
4%
1%
4%
j
2,300
3% May
Y-'-'A Apr
500
3*2
$ 500
7%
"3% "3 %
32
1
■•:
/>
3
.-:vV
.10
.4%
4%
V.
VA
29
35
*
'
4
300
400
4
X6%
x6%
200
12
200
'% "%,.*
IOC
•4 j
-♦
j7<r
114%
>«*
,7ff
%
.
114
$3
95
-
*
-
•
'*;
'300
18"%
2,500
10% Apr
.
10
10% preferred25
United Shoe Machinery common.
; 'Preferred, —..j™——-.p—.;.-, 25
M-S
103
1
Canada
1954
Northern, Power
Central 111 El & Gas
§ A Central
States
Df-M
1953
1964
■
5s
"
J-.J
60
60
43%
43
6s
l'-'.
450
380
5
5.
100
2%
—
1',..—
5
60%
44(4
2%
.,
•
38
1,200
'
450
50%
' 6%
49%
6%
preferred.——.
Plywood $1,50 cony preferred.
?
400
M-S
&
Service
$7 convertible
1st
preferred.—.
______________1950 /
5s
Wall Paper
Universal Cooler class
'
'Class.
■
fff
200
18'/4
—* ■'
18%
/"
20
■
"l% 1%
1%
/„> i/B
2,300
J*
/:
Universal Pictures
Gen
Pr 7s A
1951
(Bait City)-*'
mtge 4%s—...——.1954
Cudahy
j. Jun
6%
7%
4
....
—
.—
Packing
'
3%
lis
2%
2%
42%
nil
:
.100
...
■
1
>
41
Jl
Feb
32
Jan
83%
83%
M-S
43
"
V
i\
41%
,
200
175
200
"4%
42
•
1,500
20
,
Gen
/
3
Public
Guantanamo
J4B
3%
62
x
:
/
3% Apr
Aug
7% Mar.
4%
J, •
Jan
Oil-O-Matic
81
Mar
Feb
2%
Feb
%
800
"4%
3,/;
13%
3% May
2% Jan
1%
700
27/s
2
Jan
95
Jun
Jan
4% AUg
Jan
3
Mar
15:
15
15%
200
12
j.-,
5%
5%
800
6%
6%
100
1%
1
1%
6,400
7%
7%
"7%
600
86Ys
68'/»
92%
2
3
r
122
104% 105%
123%
r
/: 101
.
5 f
101%
;
96% 102%
25
$46
105
105
3
103% 104
104
...
44
47
102% 105%
104%
103
A-O
1
J-J
A-O
■
■
87%
88
^
v' ■ $94 •■■■
96
102%;, .102% 102%
\i.A,
14,.;/
79%-.89%
90
..
11
■
x
100
/
94% 103%
J-D
$58%
J-D
81%
82
2
89%
91
25
M-S
Mar
Jan
.
..1966
111
53
90
96
67
81%
39
47
14%
19
17%
14
111
10
85%
A-O
r—1953
A-O
Gas 5s A.——..—1952
91
81%
81
87%
deb 5%s-———May 1957
85 Vb
41
"e
43
85%
109 /
109%
■•77 <k-.86
98%
,
17
J-D
j';.'
108% 108%
$85%
A6%s:
109%
102
109% 111
'
8
83
87
83%
1
86
107% 110%
101% 102%
J-D
J-D
97%
M-S
92%
•
32
98% 106%
99% 100%
..
16
93% 105%
96%
18
90
104%
88% 100
92%
$101
M-N
97%
93%
3
103%
100
103
76%
F-A
76
76%
76%
43
71%
86
71%
112% 112%
J-J
'h 2
.T 75%
74"%
A-O
M-N
$107
108
80%
80%
118
79
105% 107%
j
Power
series
Sec—*
C———.—.1955
(Dec 1 1941 coup).—1955
series E...—.1957
:
A 7s
(Aug 1941 coupon)—
:1957
series F—::
,.—1952
5
4
200
1%
1%
700
11%
11%
ioy.
5%
12
$9'/a
J-J
A7s
11%
11
5
s
(July 1941 coupon).—1952
Power 5s__——————1957
6s—————1952
4%s—.—-1958
Altalian Superpower 6s
.-1963
J-J
74%
J-J
Interstate
Debenture
& Light
Iowa- Power
35
M-3
Gas
J-J
—
—
(stamped) ——1942
J-D
44%
M-S
j.
J-D
2022
M-S
Kansas Gas 6s Electric 6s
12
Kansas'Power 6s Light 3%s
Mar
—1969
74%
58
34% 35 Vi
109% 109%
11
11%
19
2
3
Lake Superior Dist Pow 3%s——1966
A-O
6V4 May
7% Mar
Louisiana Pow St Lt 5s—
—1957
J-D
1
2%
Jan
Jan
6s stamped—j,
:———.—.—.1948
Mengel Co conv 4% s—
1947
„
Jun
Jan
12%
8% Apr
Mar
104
Jun
4
Jan
Feb
5
July
3%
Apr
1% Mar
6%
39%
12%
7
38
37
105
107%
106
108
-
112
M-S
__
109
2
88
..
10
4s
series
G
Edison 4s E.——1971
M-N
—,—1965
M-N
-—
4% Jun
2% Jan
J-J
1945
Midland Valley RR 5s
Gas Light 4%s—
1943
M-S
Milwaukee
$109
111
110% 110%
105%
99
99
60
99
A-O
1967
_
61%
105% 106
112%
107% 109%
80
88
89
98
Va 100%
106
100% 100%
Mar
Metropolitan
110
105% 106%
$106% 108%
108% 109
54
120% 125"
$121% 123
112% 112%
F-A
6%
31%
107% 109%
44%
43%
McCord Radiator & Mfg—
Aug
78%
65
105 Vb 105%
$108
J-J
5% Feb
6ysJan
Middle States Petrol 6%s
4
10
5%
5
$9%
F-A
A7s
A7s
11
6
10%
$10
J-D
A6%s
22»/a Aug
4
1%
86%
$109% 112 ^
F-A
M-N
Jersey Cent Pow & Lt 3%s—.—.1965
Kansas Electric Power 3%s———1966
3
5s
86%
J-J
;J/
49%
$43
M-S
1958
15% Aug
Mar
94
1
—..*
90%
74%
Aug
Woolworth (F W) Ltd—-
,
5% July
5% July
8%
__1
10
13
16% May,
♦'
,..*
72
61% May
la
For footnotes see
page 770.
80 Va
19
129 ;
Feb
600
Wisconsin Power
Light 7% pfd__100
Wolverine Portland Cement..—
.10
American deposit receipts
Wright Hargreaves Ltd
r
$41
Hydro-Elec 5s———1958
Service
5s—————1950
1st lien & ref - 5s_—..—.1963
Jan
May
86
——1
Woodley Petroleum
83%
123 1
69
100%' 102%
19
>84-
$95
Indiana
'8% July
V* May
1% Mar
..20
Willson Products Inc—
Wilson-Jones Co
102%
;J: 104% 104%
—
,$75
1st Si ref 5%s series B.———..1954
"1st & ref 5s-series C—.-1956
Jan
% May
—.—...10
Heating..
60
72
80
J-D
Indiana
'
5'/b Jan
Apr
|9
__5
Western Maryland Ry 7 % 1st' pfd—100
Western Tablet & Stationery com—•
Williams
.125»A
69% 93%
163
81
A-O
ser
1st 6s ser A__
A Jacksonville
—
»
120
122
A-O
Lt
Pwr Si
S f
Jan
:8% Aug
6
)
i
1948
6s——
—
A Indianapolis
Jun
!
/
3%S.j————1967
Idaho Power
Feb
90%
•
Mar
A
...1
—
!
I
99% 103%
—Jan 1949
series B
6s
% Jan
17%
42
79
Mining Co
_i._l
Knitting Mills
Wellington Oil Co.—..._1
Went worth
manufacturing..^..^—1.25
West Texas Utility $6 preferred.—*
Weyenberg Shoe Mfg
Wichita River Oil Corp....
Williams (R C) & Co
.
A.——-—Jan 1949
Hygrade Food 6s'
,
/;.
West
Houston Lt & Pwr 3%s—
A Jan
41% Aug
Apr
&
Jan
Jan
1% Mar
;
% Apr
/
——.*
;
96 Va
104% 107%
J-J
—1945
§AGuardian Investors 5s
{International
Wayne
—
96%
64
108 Va 110
J-D
3%———1963
Grocery Store Products
.Jun
;
Apr
A Jan
33% Mar
.,
;
Coal 4s——
Alden
Green Mountain Pow
Feb
14
Jun
6
—
62%
107 % 107%
.82%
J-D
Util 6%s A_—™-_—1956
-1965
AGobel (Adolf) 4%s ser A
.1941
Grand Trunk West 4s————-1950
Great Nor Power 5s stpd
1950
Glen
Apr
29
;
.
1% Mar /.
,
Walker
Westmoreland Coal-.-,
•—
v
100% 104%
117% 122
11
41
!
J-J
A6enerai Rayon 6s A—..—.—1948
Georgia Power & Light 5s—;._1978 -;
May
26
Mar
5
Waitt & Bond class A—
Westmoreland Inc
77,
4
1% Aug
.
Jan
3%
CO—•—•
—
77%
72
»,eir.i;rV
Wagner Baking voting trust ctfs ext ..*
7%
preferred————.——.100
Va Coal & Coke
75%
45
123
M-S
stamped
Indianapolis P & L 314s—_j.—.1970
Western Air Lines Inc—
,
102
102
F-A
Gatineau, Power. 3%s A
—1969
General Pub Serv 5«-—-i—--1953
Jan
W
West
:
83%
83%
$68
J-D
M-S
■J
———
84%
69%
9
79%
81
F-A
M-S
Jan
13
4
—
69%
14
$121
A-O
1961
Florida Power Co 4s ser C__——1966
Florida Pow & Lt 5s—
—,.1954
% July
18% Aug
Apr
;
''i
294
'
Jan
%
41
50
•%.:•%
%
42
Class B
*
103% 103'A
M-S
6s-5s
Jan
/ 4%
8%
2%
200
5
—1
Aircraft
87
109% 109JAf
..
103 %
M-N
Jan
Jan
25
Virglnia Public Service 7% pfd_. ..100
Vogt Manufacturing————
Waco
■:j£
j-jy
j-j
: Federal Water Service 5%s
1954
Fihland Residential' Mtge Bank—.
Jah
Jan
10
—1
Petroleum—i-
74%
78%
104% 104%
—1956
•
-
:
5s_—i...—2030
:
—1956
Empire District El 5s—
1952
111
Venezuelan
1.
79%
$124.
J-D
1955
3%s—
Eastern Gas &. Fuel 4s ser A
Jan
7
-■O
Valspar Corp common—^-—,
; $4 convertible, preferred-
85
V.
.14% July
—8
Utah Power & Light $7 preferred.
Radio Products....
101
76
75%
n£i
104%
Electric Power & Light
63% July
%
1,600
Universal Products Co———_—
Utility Equities common
$5.50 priority stock-
59V*
98
99% 104%
78%
.1
Elmira, Water Lt & RR 5s
Jun
1%
—1
—————
40
1
.78
M-S
Continental Gas & El 5s——;1958
Cuban Tobacco 5s——•———.-41944
Jan
5% May
'v
Utah-Idaho Sugar
34
100%
Consolidated Gas
45% Aug
iV Apr
I—1
Utah
%
12%
B———
Universal Corp voting trust ctfs..
Universal Insurance——j—
common.——
9%
94
.77%
,'77%
78%
.
Jfcf-N
Jan
2%
;/;i% May I
100
T?tf
-500
.2
A——
■'78%"
J-D
J-D
(Bali)— "
/'
3 %s series N_—1971 1st ref mtge 3s ser P..•—i—i—1969
1st ref mtge 2%s ser Q—-—1976
8% Apr
6% Jan n
% Jan4
-A July
r
43
May;,!'
53%, Jan
,,/4%:.Apr/'/ ,! 7% Aug
Jan
/27%Marr,;: ,,,30
'
"50o
United
8
Consol Gas El Lt & Pr
Jan
,
deb
__.__.Jan 1966
,5s__
M -N '
July
A.July
.......li Aug
' 1%^
1%
United Stores common.—.—.
11%
.
'
Rubber Reclaiming
—
104%
4
100 %
85
86%
101
$104
Connecticut Lt &
Feb
.
;
U S Radiator common—
u S Stores common.——
,
79.
~7
•
52%
54%
100% ioo%"
104%
'
A-0
Cities Service P & L 5 % s_.1952
.5 %s
—.1949
Community P & L 5s————1957
% July
250
Mar
A Apr
May /
52%
F-A
100% 103%
99'% 102%
101
104
10
6
$100:
M-S
85
'
■i
,
f
■
50%
preferred with warrants
5%'
.
A-O
A-O
A
,3% Apr
.2% May
;
6
■J- j":/;
.1969
25%
-
•
5%
Ry 5%s A——.—.—1952
"
% Jan
May
86%
5%
,v
B——1955
series
Cities
■
s Lines Inc
s
114
i5i%i55yB
5
$104% 105%
5%
•
M-S
—....—.—......1954
5$———1958
23
1% July
Aug:
% Mar
2
" Jun
50% Mar
"
U
.
103
86
86%
J-D
—1948
3%s
Elec
A 5 V2s
5s_.
*
5s.,
"
244
20
94m.'
•
U s
-.105
,412% 114%
112
115%
9
k:<
•<
244 V 245
245
100
tf
11'
114%
12
2%s_—1970
Conv
i
% Mar
250
$5 1st
$114
l"
1968
Debenture
95
72% Mar
U S Graphite common—..
U S and International Securities
100
I 107% 107%
J-D
Debenture
.
Jan
V*
21
class B—
105% 107%
101% 102%
% Jan
126% Jan
83%
dep rets ord regis
U 3 Foil Co
»0
M-3
Feb
;
.A-Jan
•„i
-
20
—
United Specialties cdmmon-
65
108%
106
J-D
57% Jun
97% Apr;
.-550
■;> ',300 V
.
-
,
55%
60%"
108%
$105% 106%
/
Jan
.
15
Vi Mar
Sharing—.
12%
$107
J-D
s
United Molasses Co Ltd—
Profit
7%
60%
/
J-J
7%
,>
•fr Jan
participating preferred-
Amer
3
102%
9% Feb
17%
17%
United N J RR & Canal Co-
8%
12%
Jan
,Jan
%
.
United
M-N
2% Apr
Feb
% May
3,400
*;
3/64
95
.100
■t
.
8%.
102
7% Jan
Mar
; 5,400
116%
3/64
United Milk Products.
12
M~ 8
Jan
5
'
•5% Jun
11
7
preferred—
7V2
153
Feb
3
1/04 jun
warrants—
1st
24
153
.
3% Aug
Common-class
$6
9
114% 115
■
2% Apr
3% Jun
300
_
pfd...
United Light St Power common A.
12%
8%
6% Jan
j;
57% Jun
1st $7 preferred non-voting—
Option
7%
Q-F
Jan
1%
1 ?' Aug
4% July
400
12
United Gas & Elec Co .7%
7%,
:
AfrN
Broad River Power 5s
4% Jan
Mar
2
Ill
United Gas Corp.common.,
7%,. 11%
17
51
8%
M-S
—.1947
C
Cincihnati St
2%
.4%
2%
United Chemicals common..:
United/Corp warrants—,
United Elastic Corp.™.
'
4
8%
8%
9
8%
8%
F-A
Central States P & L 5%s
1953
§ A Chicago Rys 5s ctfs.:
._—_L,_1927
1
$3 cum & participating pfd...
United Cigar-Whelan Stores.
47%
38.,,
'
warrants....,
Boston; Edison
Vb; Jan
Jun
100
•
Products...;
97
...I960
/■// 7% Jun
Jun
300
V
32
1
1
Canada—..—
Aircraft
107%
105
Birmingham Electric 4%s
;
1% July
5'A Feb
% Mar
Union Investment common-——:..
United
42
8%
9
A-0
""
M 5s series B—c—-..1957
series
5s
h;
u
Union
124% 130
17
Bethlehem Steel 6s .4—.———1998
Jun
-
•
.1
Udylite Corp--™--—-—..
;
Unexcelled Manufacturing Co—.
r
104% 107%
'
1%
Tung-Sol Lamp Works.—
80c convertible preferred
12
85
Telephone of Canada-^-
lst
-Jan
111
Apr
.»/
—
..
Jan
79%
•
'
%
1,000
Inc.....-.-..—:
■
x103
..',8%
JU-S
Baldwin Locomotive Works—
:
/ ; '
/ Convertible 6s
—.—1950
Jan
86% 106%
*
130
" 41%
F-A
1955
(B. F.)—
without
65
105% 106
•41%
J-J
1977
4 Vas..
i
106
J-J
City Elec 3%S———.1964
Light
.
f
*127-
-
A'-O
.1948
———1968
5%s—
deb
,1
83
106% 106%
J-J
..1949
——
95
58% Aug
Mar
95-1 Mar'
10
_.L_
60
59
85
warrants.—L————.
Tri-Continental
'Trunz
94
*
Gas
Bell
58%
1
...
Transwestern Oil Co—
92%
J-JD
,
Assoc T Si T deb 5%s A...™—.1955
Amer
Todd
.1
4%s
.
Atlantic
4% Aug
-
;
101% 106%
102% 109.,,
5
r
3%-; Apr
Tobacco Security Trust Co Ltd-*
104
.
Atlanta
Jan
49
Apr
2% Aug
dep rets ord regis..
dep rets def regis 5s.—,
1
Shipyards Corp.;
...
Toledo'Edison 6% preferredi.i.____.100
■■'■7 %preferred^..—_i.„_
100
Tonopah Mining of Nevada..1
AConv
15%
3
40%
5
108
f82%:
93
J-J
'
4%s—
deb
A Debenture 5s
3% Mar
Feb
14
Exports.
Amer
M-S
•
AConv deb 5s—..—.....1959
Jan
100
300
,
*
....
Jun
4 500
-
3%
;,3/;:>.
AConv
,AConv„deb
19% Jai^
8*% Apr
J
6Ya July
3,200
High
102
'
Appalachian Pow deb 6s,
—.-2024 >
Arkansas Pr & Lt 5s——.1956 i.
Associated Eleo 4%s._L
,..—1953, i
3% Mar
Jan
16% Jun
1
2%
15
2'A
400
90%
15
«
Roofing Inc.'.......
—..1
Tishman Realty & Construction..
*
Tobacco
106
Lt deb 6s——j—..2016 '
&
'
■"
8% July
f: %' Feb
15
Tilo
Tobacco- Product
200
7% <
.■
90
Shovel Co common—1—.5
Thew
2%17%
17%
:
Texas
J-J
—
§ Associated Gas & Elec Co-—
Taggart Corp common......
Tampa Electric Co commdn
J-J
1970
—
Amer, Writing 'Paper 6s._...j^—.1961
Appalachian Elec Pow 3%s——1970
v.35% July
10% Feb
Superior Port Cement class B com
Low
10
-»?3
Amer
Jan
2%
Apr
No,
Jan
9% Jan
Jun
1% May
39% Jun
100
42
41%
42
..50
Range Since
January I
Sold
High
103% 103%
106% 106%
103%'
J-J
,
•
...1
Bonds
American Gas &.Electric Co.—
Jan
12
Apr
7
Friday Week's Range
Last
or
Friday's
Sale Price Bid & Asked
Low
Jun
8%
Interest
Period
High
% Mar
■*
....
"•
Curb
Apr
2
5
Stinnes
York
Exchange
Week Ended Aug. 28
Range Since January 1
ii
Inc—_j.—. ..•.a
..L.*
(J B) Co common
Sterling
'
bonds
'
109%
11.0%
7
107
3
98% 101
55% 64%
102% 108
21
4
THE COMMERCIAL & FINANCIAL CHRONICLE
770
NEW YORK CURB
Friday
BONDS
Week
Interest
Last
38
Period
Sale Price
Ended Aug.
or
1st
1978
P & L 4Vis
ref
&
5s
1957
1951
Mississippi P & L 5s
Mississippi River Pow 1st 5s__
—1945
jANational Public Service 5s ctfs__1978
Nebraska Power 4Vis
1981
Nassau & Suffolk Ltg 5s
$99%
$9%
107
193 %
Foreign Governments & Municipalities
1
High
100% 104%
BONDS
105'% 108
3
New
100 % 104%
112
"
110% 112'%
997/a
98
14
21
Elec
Amsterdam
New
Gas
New Eng Gas & El
5s
-1948
5s
1-
5s
deb
Conv
J-J
,-1947
Assn 5s
16
A
1
['
113
91%
112%
92%
J-D
46 Va
46%
40
46 Va
46%
48 Va
46%
20-year
7s——_
A 20-year
.
England
3Vis—__ —1961
Power
—
Debenture 5%s
48%
(see
ACauca
96%
42
62%
4
42
62%
55
43
,
„
106
70%
73%
75
J-D
Af-N
2004
J-J
1954
5s_
1949
1964
—Nov
A
N Y & Westchester Ltg 4s
Debenture
69%
**
J-J
•
65%
$114%
—
.
Cont'l
Nor
3%s
5%s
A-O
1948
F-A
53%
53
ALima
109
__
111%
105
~1
*
108'%
1948
—
**
Ogden Gas
1st
!
1st 5s
-1945
1968
1971
1st mtge 3%s
Power
„1953
6%s
stamped
mtge
3s
Alssue
(Peru)
6%s
53%
Service
23
50
106
9
1927
de
J-D
107
108%
ARussian.
108'%
A5%s
$105% 107%
7
5s
F-A
101% 101%
2
101
F-A
100% 100%
31
J -J
$22%
M-N
102 % 102%
1979
Af-N
105
1948
5s
.
28
20
13
105
104% 105%
v'2
5
106% 108
114%
8
111
104% 105%
Af-S
3
104% 106
94%
J-J
94%
4
Power
Corp
M-N
Af-S
' 109% 110
A-O
.—1947
—1959
stpd
4'/is B
(Can)
Sound
Puget
—
$111
$102%
79'%
79'%
10
"w i,"
107-% 111%
112
1st
ref
&
1st
&
100
—
79%
4 Vis
' a Deferred
San
107% 107%
106
105% 106
asked
—
108
17
28%
-,
15
16%
l
20
10%
16%
J-D
1%
1%
1%
41
1
1%
J-J
1%
1%
1%
20
1
-1%
J-J
$15
used
13
/
"
issued;
" *
1
15
mortgage;
with
108%
138% 140
17
132
102%
101% 102%
30
98
Below
on
Af-N
102%
102'% 103%
9
98
100'% 100%
25
the
.
deposit;
100%
stock;
without
"v t c,"
30
:
——1951
1951
J-D
-
Rail-
trials
-
roads
107.30
August 24
107.25
106.51,:
August 26
105.55
129
130,
August 27
106.03
—
A-O
.
97%
96%
69
53
81%
96%
97%
96%.
,
96%
55%
77
,
106.23
26.43
Grade
Utili¬
40-
Rails
Rails
ties
Bonds
36.05
106.31
92.10
106.20
106.24
35.37
106.30
«
35.52
106.28
-
11.48
35.54
106.26
10
52.50
91.95
36.02
.35.76
11.44
11.52
,
26.36
Second
-52.44
Total
;
109.35
90.06
109.32
89.97
91.94
52.21
109.24
91.85
51.81
109.12
52.14
103.15
•89.90
52.58
109.13
89.99
92.04
:
"
92.01
89.90
-
89.77
i
86
86
40
28_**^__**.
Grade
11.70
•
10
First
Indus¬
trials
-
V 11.60
27.00
-
,
10
•
Stocks
11.75
-
26.35
82
65
ties
26.77
112%
$80%
A-O
certificates;
Averages
Total
Utili¬
-
27.00
75
$50
—
A-O
^
Shawinigan Water & Pwr 4%s—-1967
1st 4 %s series D—_————1970
trust
•
-Bonds—
15
20
Indus-
108
$126%
Af-S
voting
warrants.-;
10
;
96% 100%
80%
80%
—
' 1;.
daily closing averages of representative stocks and bonds
111% 111%
A-O
J-D
Z
"cons," consolidated; "cum," cumulative;
non-voting
"x w,"
*»
:Z.V;;^ '
'
■
-Stocks-
August 22
1952
6s
»
•
the New York Stock Exchange as compiled by Dow, Jones & Co.:
103%
J-D
are
150
August
Estate
'
102%
</•'
.—1979
Scullin Steel inc mtge 3s
"n-v,"
warrants;
Under-the-rule sale.
n
Easy Washing Machine class
v.
■
certificates of
range,
transacted during current week,
sales being
no
:,
"w w,"
Odd-lot sale,
e
j
,
above—"cod,"
convertible;; "M,"
when
d Ex-interest,
Stock and Bond
105% 108%
108
140
—1952
A
Water 4%s
Real
21
16%
Cash sale not Included in year's
prices;
in receivership.-
104% 106'/a
M-S
1950
series D
Joaquin Lt & Pwr 6s B
ASchulte
$20
J-J
delivery sale,
y
August 25________
series
Harbor
28
13%
18
79%
Queens Borough Gas & Electric—
5Vis
."■M-S
t
bid and
Date-—
Safe
25%
—
104%
71%
1950
C
series
5s
ref
:.l
$29%
109% 112%
M-N
J-D
certificates
& L 5Vis_——___1949
P
26%
$16
J-D
1949
being traded flat.
New Jersey—
of
perpetual
25%
1921
X Ex-dividend,
Abbreviations
listed
Service
6%
13'
281
2
26%
...
17'/a
-9%
,•
1919
——
value,
par
S Reported
96%
J-D
J-D
1964
mtge 3Vis
Sinking fund deb 4s
1949
Indiana 4s~.—-1969
Public Service of
Public
14
26%
J-D
,*—1959
6%S—
of Colorado—
Public Service Co
1st
M-N
1
Sugar 7s
Potrero
-1956
—_1961
E—
5s
F
series
13
13%
26%
A-O
;
7s
sale.
A Bonds
116%
87%
No
"conv,"
4%s
Government
—
{Friday's
105% 108
107
114
114
F-A
1950
extended—
Edison
Potomac
26%
6
17
$12%
,
Af-N
'
—1958
6%s„.
B, June 26 at 2%.
104%
100
1
106% 106%
J-J
♦
r Cash
28
107
106'/a
J-D
1970
Power
104
97% 101%
Coke Co—.
&
stamped
11%
17
105% 108%
5%s_—1972
Philadelphia Rapid Transit 6s
1962
Portland Gas
$10%
107% 110
3
:
Elec
33
13
102% 106
106% 107
Pennsylvania Water & Power 3%s_1964
3%s
20'/a
11,
Zl-':
—_
___.
7s_*_;
Janeiro
106
109% 109%
—
Philadelphia
33%
*.
M-N
1927——
(Stafe)
Parana
107% 108
Pwr AVaS———1977
&
5s
1st
$26%
9%
*
108'% 108%
A-O
Light
Penn Central Lt
35
.,,$.6.
M-S
.
107%
F-A
_,
—1955
Park Lexington 1st mtge 3s_____—.1964
&
25
1
108%
1962
4s
Oklahoma Power & Water 5s
Power
34%
61
3%s B____Aug 1955
Oklahoma Nat Gas
Pacific
12%
$27
...
1958
*
108'%
109'%
■12%
stamped_1958
1972
ASantiago
Public
Ohio
411
J-J
1931
Af-N
A-O
44
25
F-A
—1952
7s
of May
of Oct
A-0
,
25
.M-N
.
Mortgage Bank of Denmark 5s
101% 105
ARio
Ohio
40%
40
J-D
1955
5s__
City
A Issue
114% 115
—
107% 108%
'
■
$39"
$39
: *
AMedellin
7s stamped
1951
Mortgage Bank of Bogota 7s——1947
101% 105%
1
A
3%s series A
High
Danzig Port & Waterways—
Northern Ind Public Service—
1st
Low
87%
$101% 101
J-J
1969
Utility
I
.January
No.
A-O
'
■,
AMortgage Bank of Chile 6s
—1947
North Boston Ltg Prop
High
J-J
■...
■
*
Extended
i
85
67%
"
108% 108%
.
Range Since
Sold
108%
79
72
"
104% 104%
U10% 111
—
of)
5'/as
V
•'
f 107% 108%
69%
1947
Bank
Mortgage
AMaranho
Gas 3%s
Elec &
Y State
J-D
1946
Jan
__
Valley 7s——
Danish
63
>'
Service—
6s series
AIncome
N
Public
Orleans
New
A-O
Bonds
Friday's
or
112% 114
32
,■
:
M-N
1948
1954
England Power Assn 5s—
New
—April
7s_—
AExtemal
New
Week's Range
Last
Sale Price Bid & Asked
Period
;
'
124%
84
2
,
47%
M-N
1948
46%
Interest
•••
'
112% 112%
M-S
—1950
5s
92
*
Friday
Exchange
Aug. ,28
Agricultural Mortgage Bank (Col)—
1 .5
••
Bogota
Nevada-California
Curb
Ended
Low
106% 111
$111 % 114
York
Week
j
100%
9%
106% 107%
i
M-S
A-O
9
103
J-D
1956
Low
10
UU
F-A
F-A
——2022
A_.
series
6s
,
,
January
No.
104% 104%
J-J
Af-N
Range Since
Sold
High
107 % 107 %
J-D
.J-D
1955
1
Bonds
Friday's
Bid & Asked
Low
Minnesota
EXCHANGE
Week's Range
Exchange
Curb
York
New
Monday, August 31, 1942
97'%
87
v
96%
'
Sheridan
J-J
$103% 110
100
-
J-J
$103% 105
Southern
California
3s_.—1965
3'As
Gas
Gas ; (Calif)—-
Counties
Indiana
Rys 4s
Southwestern Gas & Elec 3%s
Southwestern
P
L
&
r.'i-';
1971
1951
1970
—2022
6s
•
,1970
mtge 3s
Southern
Transactions at the New York Curb
102% 104 Va
Edison
California
1st
—
——1957
5s
Power
Southern
Southern
6s_—_—J1947
Coal
Wyoming
Carolina
South
102%
M-S
103
J-J
18
18
103% 106'%
$100% 101%
F-A
$52%
F-A
92
|
98% 102
53%
50%
$105% 106
Af-S
88
Weekly and Yearly
Stocks
(Number
Week Ended Aug. 2S, 1942
' i
103% 106%
93
f,
'
60
Bonds (Par
of
May 1948
A-O
May 1948
6s
$50
A-O
51
57%
57
57%
57%
42%
f
10
49
106
52
Saturday
57
57%
13
49
57%
57
58
30
49
57
57%
31
57
57
57%
30
49
57
57%
20
50
19
18
66,955
634,000
59,415
V 576,000
Wednesday———
65,965
453,000
.
42,485
50,690
.398,000
311,205
(Hugo)
7-4s
$2,611,000
25
F-A
A-O
—
1
•
Total
3d
Stocks—No.
.1946
of
J-J
1960
J-J
1956
M-N
2022
Certificates
J-J
1979
——
A-O
.1946
-
stamped
F-A
$13
15
$15%
16
of shares
Electric
Texas
Power &
6s
Water
Toledo
Twin
Light 5s——
Power
Edison
City
5s
A
series
Tide
Service
5s
3%s
Rapid
—1968
Transit
United
Electric
N
United
Light
Power
1st lien
&
&
cons
United Lt & Rys
J
4s
series
106%
-
f
J-D
106% 106%
9
105
311,205
*
16
107
(Delaware)
93%
108'%
107
93%
79
80
111% 111%
3
3
31
106
69%
80%
8
1959
A-O
F-A
105% 105%
—
94%
93%
94%
1
103% 106
27
—
—1944
2022
Penn
Electric
116% 117
7
F-A
Af-N
$95
ZZ
■
97
92% 100
90
90
83%
99
M-S
1951
J-D
$109'% 109%
6s
J-D
$108% 108"%
107
2030
5s
A-O
i960
J-D
102%
3%
102% 102%
$114% 115%
16
2%
42,000
547,000
1,849,000
$111,412,500 $171,883,000
and Miscel.
Bonds
Foreign
Bonds
Government
Bonds
Total
Bond
Sales
180,410
$93,000
8,144,000
490,000
$12*, 000
8,646,000
5,591,000
356,000
14,000
5,961,000
357,710
—
$3,006,500
376,140
—
—
6,407,100
268,000
26,100
6,701,200
3,000
9,872,000
10,761,800
$55,100
$45,041,500
271,130
9,624,000
245,000
300,180
10,496,800
265,000
1,830,720
;
$43,269,400
$1,717,000
$3,099,500
—
:——
Total.
108%
Week Ended Aug. 28
99% 108%
1942
107% 117
of
shares
1941
Jan. 1 to Aug. 28
1942
1941
1,830,720
2,125,650
67,168,112
92,236,659
$55,100
$208,000
$5,605,400
84,536,500
1,292,153,000
$13,826,000
105,288,000
1,304,957,000
Bonds
F-A
82%
79
82%
69
82%
F-A
65
63%
65
56
67
74
71%
78
73%
71
78%
U.
S.
Government—.
_Ll937
J-D
$72'/a
1947
J-D
72%
1,717,000
Foreign
Railroad
Rys Co 5s stpd
stamped 5s
United States
Railroad
Number of
4%
Stocks—No.
unstamped extended to 1959
stamped extended to 1959
S A York
A
17,414,052
345,150
Saturday—
Monday
Tuesday
108% 109%
—1964
'
3%
Western Newspaper Union—
6s
11,348,575
$3,420,000 $108,079,500 $166,967,000
158,000
2,786,000
3,067,000
$3,620,000
Shares
28,1942
115% 117%
1954
5s
Traction
478,385
.
3,000
.
Stocks,
Week Ended Aug.
Friday
debs—-
Ry & Elec 4s
Wash Water Power 3%s
West
$2,686,000
Daily, Weekly and Yearly
82% 100%
(Maine)—
A
Wash
Penn
429,000
$3,000
Transactions at the New York Stock Exchange
111% 114%
Thursday
West
309,000
108%
Waldorf-Astoria Hotel—
income
•
86% 101
Wednesday.—
A 5s
470,000
118
93%
107% 108 %
—
A-O
series
635,000
578,000
Jan. 1 to Aug. 28 ,
1942
1941
1941
$2,686,000
.
107%
$109% 111
—
J-J
5%s_1952
—
Light Co—
lien it gen 4'/2s
6s
"2:000
Co—
A
Debenture
$265,000
31,000
$72,000
'
,$2,611,000
*72,000
Utah Power 81
1st
$1,000
:
~ii,000
1,000
■i
1942
—
Domestic—
Foreign government-*——*
18
107% 107%
■
J-D
5%s
United Light & Railways
6s
1952
5%s_
...
Bonds
I
15
15
deposit—
10%
Foreign corporate—————
Texas
.
Week Ended Aug. 28
Corp—
2d
7-4s
■:
.308,000
Friday_____—1-—
■
Stinnes
Total,
1,000
76%
19
$22,000
76%
1950
Corp inc 5s__
$242,000
49%
F-A
25,695
—
Thursday.
77
57%
'
76%
F-A
J-D
—1957
6s
AStarrett
1
1966
1957
Dec
6s.
Debenture
%
76%
1951
Debenture
Foreign
Corporate
Government
Tuesday___—
M-N
Value)
Foreign
Domestic
Shares)
Monday—*——
1989
Spalding (A G) deb 5s
Exchange
■99% 102%
105% 1051%
A-O
101% 102%
Total.
&
industrial
-
—■
—
2,976.000
43,269,400
32,055,000
$45,041,500
$35,239,000 $1,382,294,900 $1,424,071,000
THE COMMERCIAL & FINANCIAL CHRONICLE
'Number 4103
Volume 156
771
OTHER STOCK EXCHANGES
'
Friday
Week's
Last
Baltimore Stock Exchange
STOCKS-
of Prices
Par
Aug. %% to Aug. 28 both inclusive, compiled from official sales lists
Sales
for Week
Range
Sale Price
Shares
Range Since January 1
Low
Brach & Sons (E J) capital—
High
10
10'
100
2'
2,600
—
Low
High
Jun
9%
13% Jan
Brown Fence & Wire
Co
common
Fidelity & Deposit-..
.—•...*
-20
Fidelity & Guar Fire Corp..—*_A—10
of
America
Houston Oil preferred———-
Mercantile Trust Co
Merchants & Miners
108
2
-
8%
21%
50
208
Convertible preferred
Chicago Flexible Shaft common...
Chicago Towel—
Convertible preferred..:,^
Chicago' Yellow Cab capital
Jan
26
July
245
Jan
22"% May
27%
85
41
Aug
49-
20
39
Mar
100 A
88
10.
100
Mar
————1975
series B—
Feb
43
Jan
1,600
1
% May
58
1
18V4 Jan
1%
Jan
57
,
1,300
28
Apr
33
Feb
i
50
47
May
61
July
>
60
96
July
58 !
100
100-100
11
■
,
11;;
8%
150 A
^
110
Jan
11% Jun
Jan
594,
2%
50
2Vb
Jun
63% July
3% Jan
1%
100
%
Feb
1 y4 July
18%
6%
19%'
2,650
6%
725
1'4
14%
150
4%
Jan'
Jun
65
170
1
May
Feb
105
Edison
*
.\
45
Jan
.11 Va Apr
23%
Jan
6% Aug
-4% May
,
preferred part shares.
—.50
101%
.
—50
3%
4
1%
.2
14% Aug
Jun
4
Aug
340
%
Feb
2
Aug
10%
Apr
14
Jan
9 Vs
May
12%
Jan
Jun
3,000
I
.
r
18%
25
common—
Oil Corp
403 "
Co—
Common part sh vtc A
May
50
104
it
Jan
iy4
Consumers
42
58%
104
'
•
100
Aug
15% Jun
16%
28%. 29 y2
—5
May
•2%
Consolidated
4,100
51
56%
:v
22
50
58%
Commonwealth
July
$22,000
50%
,
71
100
1%
\
'
140
Jan
i\ Apr
■ft Peb
^ Apr
2%
V t c
BofldS-4—
70
-A Mar
•;
common..—4A——10
Cities Service Co.
28 V* Aug
21% May
150
27%
27
Apr
50
500
Club Aluminum Utensil Co common—.*
48% Aug
100
>
29%
Chrysler Corp common* A_.A.A..ui„—.5
Jan
41%
41%
i*
21% July
,
Jan
48%;
Jan,
80
II
Feb
19%
24
'
—IS
,
Mar
6%
50
%:
fff
16%
—I.
Aug
13
150
22
22
—
Jan
41%
'
common,
13
4% Aug
%■
f(f
79%
__•*
_i
2% Aug
Jan
Jan
7%
10
500
V
preferred-—
.
5
; \
31
Apr
52
51%
1
com—50c
Chicago Corp common
9%
51%
$6 pfd—..j.*
Jun
Aug
•
Preferred
21%
.30
120
Feb
19 %
.
10
lien
Prior
Jan
Chain Belt Co
■8% July
100
26
26
15%
4%
21
common..
Central & South West Util
Jan
115
Mar
24%
127
207% 207%
100
5 %
Mar
8% May
48%
Baltimore Transit Co 4s_
.—1975
•"
5s series A--.
-U——~1975:v1:
'
107
70
94
—1
,
10
i
8%
41 Ve
Pennsylvania Water & Power' com™-"
--
Jun
100
12%
.10
preferred—j
iy4 Mar
100
12%
..a
...
conV.
cum.
11
xll
Brothers
Central Illinois Secur
Jan
52%
30%
j-Vv'/i
5%%1 preferred—100
5%
Mar
3.50
preferred.—.
(E. L.) common..
Central Illinois Pub, Serv
Jan
96c
Jun
5%
Jan
July
21%
National Marine Bank——.1————30
Phillips Packing
116
17%
Apr
40
30%
A*
0 S Fidelity & Guar-.-.—J—-——2
■
34
116
8%
;
30c
Butler
xl%
A
Bruce Co.
High
-74
290
5
34
50 ^A/'AAa: A"
Trahsp
13%
264
60c
111% 111%
~*
-100
—
150
50%
49 %
--
A—*5
common
Low,
15%
4%r.
v.v.
Class
Range Since January L
High
56c
*.A'
vtc—*
1st preferred■ v t c___-—.-——IOO1vvS
Con sol Gas Electric Light & Powers-*
■!4% '/e preferred B—-100 ■ ■•
*-'
Eastern Sugars Assoc com vtc_—A——1'
—A
Co
Shares
15%
;; !
Finance
for Week
Low
Corp.
Baltimore Transit
Common
Range
of Prices
Last
Sale Price
Par
Arundel
Sales
Week's
Friday
'V
STOCKS
'
Common
B-._v..^—
part sh vtc
.A_-__—.^__25
Crane Co common...
;;
12%
12%
75
*!9%
10%
100
85%
85%
10
84'/2 May'
104%
Jan
14%
14%
50
13 % Mar
16'/a
Jan
22%
23%
330
19
Apr
24%
Jan
:6%
' 67/«
6 % Aug
9 %
Jan
8%
8%
Jun
8%
Jan
26%
26%
'
Cudahy Packing-
A-*—L—A—
Common
-30
1
79e cumulative preferred
Cunningham Drug Stores;
Boston Stock
Exchange
Deere & Co.
-2%
common
.
Diamond T Motor Car commonCo common-—iA-
Aug, 28 both inclusive, compiled from official sales lists
Aug. 22 to
85%
-100
—.
Dixie-Vortex
'
100:
35-
'
.»
.....
Week's
Sale Price
STOCKS-
Tel—.
&
118%
..100
Boston
.
&
v
Maine ER—
'
85
231
75%
Jun
91
Feb
21%
21%
1,747
19%
Apr
24%
Jan
59%
60%
288
42 "A
Jan
61
Aug
12%
12%
125
10% Mar
14%
Jan
Calumet & Hecla
7
7%
1%
■>.
158
1% May
3
Feb
1%
1%
V,
100
1V4
Apr
2%
Jan
1%
1%
63
lVa
Jun
2%
Jan
480
-
10%
10%
10 Va
27
27
27
Jan
Aug
31% May
2
.Mar
2% May
6
6%
125
5'/a
'A
i
Mining
—
\
4% Mar
150
20% May
•
1%
•
3%
104
25
13
12 c:
10'
4% Aug
Jan
14%
27%
Janf
Feb
29c
May v
Jan
36
Aug
4
May
5
Jan
"510
'*•'
*' 86
%'
•;
80
Apr
101%
Jan
iVJan
liS
Jan
910
%
25C
28c
:'v:
74
74
30c
15c
30c
15%
13
•'
74
60
16
.
25c
735
32c
16
21%
22
12c
Feb
64c
May
91
Aug
14%
530
18%
567
22%
60c
100
1%
1%
9%
26%
9%
4%
50%
26>/a
.
Mar
50c
Jan
Jan
18
July
Jan
30%
31
'>
54%
56%
1,113
24%
Jun
Jan
1% July
Mar
'
t9%;
Association
4%
4%
50%
50%
(The)—;
Union Twist Drill—
55%
Co._.i.——
59%
.United Shoe Machinery Corp—25
153
V-
50
:Af io
..
10
6¥4 Apr
3% Apr
5%
Apr
50% Aug
Apr
28
May
35% Mar
49
Jun
72% Jan
50% Mar
62% July
'
25
43
20c
26a
65
20c
Jan
92
92
20
92
Aug
Feb
Feb
7%
Jan
& Maine RR—-
Boston
Income mortgage
Easter
4%-%
.
36%
36%
29% Jun
$2,000
42% Feb
-
106
106
———1948
M
:
.
106
250
Jun
108
Jan
Chicagii Stock Excliklige^ I:
inclusive, compiled Irom official sales lists
Aug. 22 to Aug. 28 both
'
Friday
Last.
v;
STOCKS—
Sale Price
A"J'
;
.
Aetna Ball
Bearing common—
—
&
Co
Asbestos
Mfg
Aviation
Corp
common———
36%
45
1%
,
6%
,
—A.j.—*
I
A
,-.-5
common——— __Jl
v
Bastian-Blesslng Co common.——
_*
Mfg Co common:
^10'
Belmont. Radio Corp
*
Belden
-V
10%
24
Motors
Aviation
common—-.
38%
1%
common——A*
4%
41/4
29 Va
10
40
38
5
*
*
5
is
9%
y2
y2
9
For footnotes
see
page
776.
5
9Va
5
50
14%
common.;—
14%
12%
12%
7%
v.:-7%
7%
6%
6%
capital
*
International
common
..
Jan
-
313/4
12% Aug
Jan
Jun
8%
Apr
1
500
1%
1%
3%
20
150
I8V13
10
10 V*
Apr
3%
3%
200
•'A.
61
46%
48%
232
7 :
.12%
Feb
Apr
30 ya
Jan
A
83
Feb
133% Jan
Apr
350
; A 6%
40%
Common
Liquid Carbonic common.**
A
common
Mfrs Sec—.
,,
i
$1 prior
Jan
i
%
Feb
25
10
5%
Jan
%
100
At7* Mar
%
Jan
50
4y* Aug
7%
Jan
A
13%
145
11% May
9%
650
8%
21
V
•
9%
common..—*
"Liquidating Co cbmmon-**-*A*
Cylinder Gas common
*1
Noblitt-Sparks Ind capital——5
North American Car common———20
Northern Illinois Corp common
*
Northwest Airlines, Inc., common—.**
Northwest Bancorp, common*;.—_'V—*
Nunn-Bush Shoe common——*2 V2
capital—100
Quaker Oats Co common.:—A.—:.—.*
A •
■
■
''
,
21
Aug;
28% Mar
II
Feb,,
16% July
'
2
Mar
.
'2% Apr
3%
Feb
750
2% JulyA
4ye
Jan A
3% Mar
5% Aug
-
.3:•■5%
8%
8%
50
5'Vi
23%
2,500
6%
6%
30%
288
A 2%
,;2%.
150
7%
19%
■'v 6-
.
6%
preferred
Jan
Bchwitzer
Sears
4
100.
Aug
Feb
28% May
3% May
19%
Jan
,
12
10%
10%
-600
7%
:
7%
TOO
,750
1%-
1%
6
-
10 y*
if,.
-'A- %
Jan
Jan
Jan
6% Apr
7y4 May
12% Aug
Apr
Jun
Jun
July
23
Feb
7% July
31%
9>/a
May:
8
200
10%
10%
10%
7 '
'
11%
Feb
10
Jan
1% May
21%
40
i.
Jan
3 J
AFeb
3% May
50
6%
6%
-
Apf
15% Apr
450
1
6% Aug
-Jan
22 y8
370
187/s
Jun
24
Feb
39%
40
200
36
Apr
47
Jan
23
100
21Jan'
.3'% Jun
23
■'
6%
4*,
50
6%
■
',•■4
50
5%
Jun
24% Jun
47/? Feb
8% Jun
——
5
Cummins
:
&
Inc., common-;
.....——2
Standard Dredging common.—
1
Standard Oil of Indiana capital
25
Feb
Jun
39%' Jan
6%
300
66
1%
'1%
200
56
Apr
70
1%
1%
700
2%
Jan
lVa. Jun
1%
Jan
Jan
Aug
250
-6ya
55%
513
43% May
41/4
4%
200
29%
29%
29%
10
24
24
6%
Spiegel,
Sterling Brewers Inc common*.
.1
Warner Corp common—.5
Stewart
7
■
■
Jan
1% Mar 1
53%
Co
South Bend Lathe Works capital—.—5
26
1%
capital-.——*1;
capital—A-—*
common-*———1
Signode Steel Strap preferred——30
Roebuck
14
4%
64
;
Serrick Corp. class B
15% July
•
65
,
Jan
13% Mar
3 % Mar
240
150
6%
A
2
,
473
7%
19%
7%
14
6% July
,
100
29%
4
Aug
4%
30
,
Jan
400
3%
3
Raytheon Manufacturing common—50c
Jan
1,150
12%
Apr
.2%
common—;.AA——-1 v
A.
10 y»
4%,
,
100
.
2%
———*
Apoor & Co class B—_———'1'
50
26
10% Aug
15% Jan
Feb
40
35
25
16
15%
Nabco
iya
31%,
,
Jan
3% Mar
200
AA'A/A■■.'A;
preferred-..——A—--'-10
Pressed Steel Car
i
Apr
870
,
«Ss Co
Apr
4%
4%
5%
:
4
27
2% May
100
3%
25
Aug A
10%
capital—A—5
V,V
%
400
Z
4%
,
prior lien.——100
"
Montgomery Ward
95y2
1
Midland United conv pfd—
Midland Utilities—
Mar
,
:
Corp
70
5% Aug
%
Mickelberry's Food Products com—1
West
,
10
.9%
-1
Mapes Consol Manufacturing cap.—*
Radiator & Mfg class A—.?
common
Jan
13%
McCord
A
Peb
40%
4'' Mar
ioy2
*
*
Class
{( '•
Mar
%
A
Marshall
Merchants &
A
Jun-
27
'
——
Field
A1 6%
30
3%
Lindsay Light & Chemical common-—*
Gil Refining Co capital—
;*
10%
30%
Feb
7% Mar
4%
Lion
4 Vi
200
■
150
J/2
25
—1)1
7
Cumul preference
■.
350
79%
:
Libby McNeill & Libby common
Lincoln Printing-
Jun
liy4 May
51%
May
Jan
5%
79%
*
Leath & Co common
Jun
13 %
Feb
74
Apr
5 %
Mar
3% Aug
6%
5%
30
30
'
Jun
450
16%
-
32%
6%
;
Kentucky Utilities jr cumul pfd—— .50
6r/( preferred --r_A..—v——1—** 100
La Salle Extension University com*. —5
%
250
25
.
2% May
54 y8 Apr
5
61
*
1% Aug
Jun
11%
.
Kellogg Switchboard common———.
Ken-Rad Tube & Lamp common A-
2%
y4
Jan
'
2%
15
8V2 Mar
8%
11% Mar
■
Jan"
May
300
12
'25%
70
102 y2
July
10% Aug
.
Apr
20
1
Jarvis (W B) Co capital—
400
11%
•4%
%'*
180
867
Aug
Apr
7»/4
5%
11%
A—*
Harvester
9V2
8%
220
10%
10
10%
1%:
—_—.10
Co capital
19% Aug
,
;
*
Independent Pneumatic Tool v t c^,—*
Indianapolis Pwr Si Lt common——
*
Indiana Steel Prod common
—1
Inland Steel
Jan
16
350
Co
1
6% "'Jan
May
Jan
50
.*1
Jan
4% Aug
10V2
120
12%
.10
Illinois Brick
Jan
39% July
3
7V4 Mar
,r
400
.10
Brewing
A
Jan
IIVa,
253
common—
250
,4% •4%
25
22 y2
High
49%
Feb
6% Aug
40%
1% Aug
3 Va Mar
300
19%
capital*—
Houdaille-Hershey class B—Heilman
Apr
24% Apr
775
1%
Printing Co, common—
Harnischfeger Corp
%
10%
:i
—_5
10%
A'-
Feb
1%
'
37%
—*
common-—A—.10
Corp
Goldblatt Bros., Inc., common—
3%
'/■' 3'
15 v
12
'
3
%
■
—
Berghoff Brewing Corp
A—Borg Warner Corp common——
2%,
'
V
150
24%
23%
74-% 16
118% 119%
—
3
100
305
-
46%
% May
4
200
Hall
.8% Jan
4%i Mar
35% AUg
100
*
■'<
(Delaware) —A.A.A¬ ,—i3
.Barber <W H) Co
11
V;VV'-
37% May
9% Jan
•150
11% -12"
—
common*-—-.-.- —_1
Co
A" LOW
45%'
11.
,
■'
Chalmers
45-V
July
Jan
32%
Peoples Gas Light & Coke
Perfect Circle (The> Co
Range Since January 1
"Lor High
A)lied Laboratories common.5——
Armour
Shares
of Prices
*
'A
a:,.—-"
common-—.
Mfg Co__ _—A——
American Public Service preferred- .100
American Tel & Tel Co capital— .100
for Week
Jan
8
Apr
3%
1%
Peabody Coal common B—*
-.5
Pennsylvania RR capital——^—__50
Sales
'
Week's
4 ;'ii. Rkuge
Par
Abbott Laboratories
Bendix
6%
36%
National
Allis
50
Massachussetts Street Ry¬
es.series D
3% July
37%
Jan
1,850
6%
Miller & Hart, Inc—
"-'AAAA
ser A—1970
5
4%
32%
6%
BONDS
Apr
Jan
28% May
200
v*—..10
Middle
6% Mar
70
7% v
v'
46c
105
Feb
2%
7%
4
common.—-1
Goodyear Tire & Rubber common
Gossard Co (H W) common
44% Aug
37% May
cumulative preferred—.—.—25
& .Tunnel———————-1
7'
Jan
28
185
Vermont & Mass Ry Co——_.—*.100
:inc.'----.--;iAAr,—
Jan
48%
715
44%
Jan
22
,85
60%
59%
<
Utah Metal
Waldorf' System,
"7%
8
A—1
Gillette Safety Razor
July
1°0
36
83
.ft
.
Suburban Elec Secur $4 2nd pfd--.
6%
7%
General Outdoor Adv common
8% Aug
Feb
17
20
.<
83-
—60
RR
Fruit
20
—*A—'
General
t
Co
; 32%: 32%
-
Preferred ':.A—.A-—A..—
:
Feb
2
Jan
rVV/A'i
'■
Stone & Web3ter Inc—
United
4%
13%
.15c
15c
•
36
'•
,
RRii...u-.^.u.^-^v--, ,.100
A———** a;aaa-
Torrington
25
4
4%'
Quincy Mining Co——A*. ...25
Shawmut
Co
General Foods common
Jan
18% May
100
~4%
'
.2.50
"Pacific..Mills
Pennsylvania
22
250
Finance Corp—
General
Feb
1,085
..ioo
Northern RR (N H)--—
void Colony
300
3%
26% July
3>/a May
29% Jan
Apr
3
22%
3%
General American Transp common—5
Jan
1%
■•*•"■
^
1%
50%
8%
21VZ
13%
..100
England Tel & Tel.—
York, New Haven & Hart RR. .«,ioo ;
Butte
Fuller Manufacturing
1,80 July
32%
8%
"Ci'v
■
;
..■North
600
22%
—.10
Four-Wheel Drive Auto
Jan
Apr
41
50
: 65
21%
'•'.:A:
I~25
-..5%
.
% May
V'v 14:
43%:
25
■>
Mergenthaler Linotype —-_i:A_A—.
Narragansett Racing Assn, Inc..—, 3—1
New
3%
A.
*
Dredge & Dock Co common—
'
8%
.
1*
'
Jan
1%
/
.
%
.
■
21%
<1
common.—.
Associates ytc-L——.
:
43%
4%*tt prior preferred-.---1-—100
6% preferred ...
—
.—..100
Eastern Mass Street Ry common... 100
New
A 3%'
common————*
Great Lakes Dr & Dock
Feb
10c
,i 175;
80c
Jan
7
Jun
;4%
30.
;/.; S..?/,
Apr
18%
3%
-
—1
11%
16
100
A. %
Loew's Boston Theatres
8%
50
2»/4
Eastern Gas & Fuel Assoc common—_*
Gillette Safety Razor Co.^.U*.^
•
2%
100
80c
Mass "Utility
Morse
5
-15
A—
100
Fitz Simons & Connell—
Jan
1%
——.—*
SS Lines
8%
1%
East Boston
Eastern
5% Jan,
,720
V.1% A
—A———...5;
Range
Copper
Vy;I'
7
common.-———"
Co
Util. Corp.*.
—A
■
Providence RR——
Durrell
Brown
'.
Fairbanks
Common' :•
Boston Personal Prop Trust————..'*•.
Boston &
9 J/4 Mar
Jan
83%
12%
/A"/ >A-■ *;' t f
1% prior preferred.——.i—-100
5 % class A 1st pfd stamped—
100
8% class B 1st pfd stamped——.-100
10'r class D 1st preferred stpd_„ 100
&
7%
Jan
103
Apr
100
83%
Herald-Traveler™—
Boston
94
ioo
8
134"% Jan
Apr
-*-1
—..
Elgin National Watch Co
Eversharp Inc common
High
21%
—^-^--.—25
Boston Elevated Ry.——————...100
Boston
101%
2,128
99%
; 8
Albany RR——100
Boston 'Edison1
99 %
Low
:V
Inc
Electric Household
Range Since January 1
'■■■
118.% 120
99%
Bigelow-Sanford Carpet 6%. pfd—100
Bird & Son incA——*————Aa—
.*
High
Airlines
Ea8tern
Shares
of Prices
Low
Par
Tel
for Week
Last
-
American
Sales
Range
Friday
"
8
Feb
8Va 'Jan
57 Va
May
5
Jan
Feb
27% Mar
30
Apr
23 y4
33 V*
4
Jun
24%
400
2%
2%
50
"l%
1%
1%
^00
24%
24%
25%
1,034
iy4
.ly*
1%
200
1
Feb
6%
6%
550
5
Mar
Apr
2% Apr
4%
Jan
1V2 Mar
2
Jan
27
Jan
20
Apr
1% May
7
Aug
11
»
♦
11
THE COMMERCIAL & FINANCIAL CHRONICLE
772
Monday, August 31, 1942
OTHER STOCK EXCHANGES
Last
Low
&
International
Co
(J
Thompson
Trane Co
R)
Low
High
25
—
capital
capital
Corp
Texas
Range Since January 1
High
13%
21%
22%
1,271
12Vh May
20% Apr
15
capital
Swift
Swift
Shares
13%
21%
__
25
25 %
505
19% Mar
35
6%
7%
36%
6%
7%
236
300
200
30% Apr
5
Jun
7% Aug
39
Feb
6% July
10
Feb
58 ya
74%
25
2
*
common.^^^.i
—
6%
—-25
(The) common
WATLING, LERCHEN Si CO.
25
Jan
25% Aug
Tool common—5
Machine
for Week
Range
of Prices
Par
Sundstrand
Sales
Week's
Friday
Sale Price
STOCKS—
__
14
500
-
19
Jan
Members
New York Stock Exchange
New York Curb Associate
Detroit
Chicago Stock Exchange
Stock Exchange
'
Union Carbide
S
U
S
U
Co
Gypsum
United
Steel
»
Co
51%
210
13%
228
46%
46%
I100
preferred
47 %
430
370
1%
—
»
18
Apr
44% May
107%
55%
Ford
Building
DETROIT
Telephone: Randolph 5530
Jan
119 7%
Jun
1%
Jan
54% July
13% Aug
May
77/a
300
1%
17%
41
Apr
400
109 Vs 109%
common— -^1
Products
50%
—
69%
13
—
5
common
Radio
67%
29
*—
capital*
Transp
cumulative
Utah
m
capital—
common
Lines
Air
7%
Carbon
&
Jan
Jan
1% July
18% Aug
15% May
18
300
16.%
16%
100
11%
Jan
16%
-100
25%
27%
54
23%
Jan
27% Aug
Westinghouse Elec & Mfg common* —50
68%
68%
50
63 Va
Apr
81Va
Jan
5%
5%
150
4% Aug
6%
Jan
1
1%
12,500
1
2%
Feb
5
5
100
5
Jan
Walgreen
common
^
—
Wayne Pump Co capital
Wieboldt Stores
Inc
Woodall
Industries
(Wm
Unlisted
American
I~~2
150
14%
Aug
4% Mar
200
51%
14
.
150
Aug
4'
Apr
87/a Mar
Jan
St San
•
com
Steel
Corp
Electric
L)
Nash-Kelvinator
Corp
York Central
RR
226
27% Jan
4516 Aug
5318
75
50
May
67
Jan
385
5% Jun
9
Jan
Burry
27%
1,098
185
*
5% Jun
17% May
5
5%
918
6
*
_
capital
9%
1,600
529
3Va Jan
6% Jun
16 %
290
11% Apr
6
.
Detroit
&
Detroit
Edison
Cleveland
Pictures
__1
common
capital
•
—
Pure
Co
(The)
•
15%
;
__
Inc
__
Radio Corp
commons—
of America common—*—*
24%
9%
Y*
1.
2514
9%
capital__25
37%
—
4%
—1
common*
Wood
Gar
26)4 Feb
10Va Jan
414
3%
14%
2% Jan
13% May
650
625
155
38%
4%
7% Apr
S. Rubber
Co
common
10
.
Yellow Truck & Coach class B
19%
20
10%
1
457
685
2%
Goebel
3% July
19
Jan
Apr
5
31
Apr
3% Aug
Finance
Motors
Grand
42% Jan
514 Apr
2014
13% Mar
260
Ball
Hoover
11
10% Aug
125
Week's
Range
Sale Price
&
Car
———*
—
Cincinnati Gas &
Electric pfd—_100
C. N. O. & T. P. preferred
Cincinnati
'
7%
Yards*—*
Y
.
7
Corp
common
68
Aug
86
Aug
119
Feb
*
8
Feb
Insulation
—
"A"
*
Jan
Jan
6% May
__
>
Kroger:
Little Miami
guaranteed-—50
Gamble—,
Procter &
American
General
'■
,
■
Rolling Mill-
48%
48%
48%.,
>
Y,;
YV'V;
;;9%
.
10
—^——
3%
4% ..1.
9%
Tivoli
..
May
.
4% Mar
;
94
9% May
30
12
,,
Jan
80c
Feb
13%
227.
13
Aug
17%
Jan
4%
Apr
2
1
Feb
300
45c
Feb
1%
250
2%
65c
Jan
100
49c
•
Jan
30c
3,700
1%
49c
:■
2
3%
980
4%
65c
Feb
1% Aug
60c
2%
Jan
Jan
Jun
1
17c
Va
1%
■
—10
17C
Jun
16c
500 Y
.>
1%
1%
•
Mar
23c
Jan
Jan
400
1%
150
,
4% Apr y
2% May
5% Jan
2
Jan
2%
Jan
2%
Jun
4
Jan
1%
Aug
2
July
5%
5%
2%
2%
430
4
4
250
1%
—
1
360
1%
17c
.■'1%
1%
200
.
Jan
.
common*!**——*__. —*1
Tube
y.'
*
common_*Y*_.
Aircraft
•;
i:"-y;
2%
B—_.***:**',—1 y.y «
—i*_ _***1 !■ J
2%
1%
i%
67c.
1
1
common—
2%
1%
common- —1
common
I
2%
common
3%
6c
65c
..
1%
1% Mar
'
2%
Jan
lc
1
July
Feb
1%
';
Jan
1,000
.
2% Mar
•:
2% Mar
Apr
685
...
.<
.1% Aug {'•
800
3%
6c.
,_1
:
—1,110.
1%
3%
;
—.4
,
100
-
1%
,
.1,200
;
68c
1%
-
-
Jan
3% Aug
6c
Feb
;
3% Aug
"•
Jan
Los Angeles
,
j
Jan
'
148
,
99c
Jun
1%
1
common.
common*
I
Jan
5%
-
May
56c
Jan
52
'
,60c
200
Jun
29%
.
Jan
Feb
2,000
56c
'
Wolverine Brewing, commoru.——
101% Jan
42»% Feb.
3% Aug
Jan
2%
1% July
200
1%
Feb
1%
39% July
Jan
*
32%
,
30 Va
65c
61c
65C
—1
Brewing, common
Warner
July
'
Y
10.
38%
18
9T% May'
,
10
30
..
Mar
22% Apr
_
25
1.649
,
4%
3814
_l
200
,.^.
3%
■Y ■'
-25
Motors
V.
26%
97%.
'
'
16
25
26
Wurlitzer-10
Unlisted—
10
11
97%
_*
—;*
17
30
Y 97%
Waco
..
17
30
_*
*
**
Feb
3%
13
'"v
—1
Wayne Screw Prod common....
Formica
Hobart
2
Jun
1 % May
140
466
1%
1
y
9%
5%
30
1%
4%
mix
com
common
Jan
114
261
,
1%
2% July
56c
*—1
Manufacturing
Standard
"
3% Jan
: :
5
7%
Jan
2'/a July
y
r
62c
"•
*
common
River Raisin Paper
75
7
18%
1% Mar
100
:V
38 V4
1%
62c,
—'.i/
High
1% Jun
•
Jan
3% Aug
Apr
440
1%
3%
1%
common——***_.—2
Oil,
Motors
Reo
Range Since January 1
.74
..
114
,7%
__
2%"/Y
Aug
.
,
Low
72%
72
114
—
—50
*
' Y
Y._
*—100
Street
Cincinnati Union Stock
2%
.2%
•
3%
Jan
15
300
38%
''•*
y
—1
common
Wines
Sheller
Churngold
1%
1
Manufacturing
Drug,
Murray
Shares
78c
999
Jun
8% July
37c
Apr
2% May
27,491
2%
.3
1
common
Michigan Die Casting
High
2%
7-'
Bearing common- —10 .;"\VdL^'
&
McClanahan
Sales
for Week
of Prices
Low
'.iy:
15c
1,025
3%
16
18%
Jan
6% Mar
600
3%
2%
15%
15%
530
8%
37c
3%
1%
-
100
18%
8
common—
Packard Motor Car
Last
18%
37c
3
Products common—..*.
Kingston
1314 Jan
Exchange
Friday
18%
common* —_1
common
Motor
Lock
Hurd
2014 Aug
Aug. 22 to Aug. 28 both inclusive, compiled from official sales lists
Par
Apr
1
common*
Masco Screw Products
Cincinnati Stock
'•
Jun
4
1
common***
Valley Brewing
LaSalle
STOCKS—
10c
Feb
common—***,**_ —10
Brewing,
Graham-Paige
Jan
Kinsel
Y
Aug
3
20
common.
Brewing,
Industries,
General
Hudson
U.
Aug
4c
400
16% July
20% July
195
260
3%
3
,-
—**.
Standard Oil of New Jersey
Studebaker Corp
3%
13%
—
*
Republic Steel Corp common
Standard Brands common
5
325
10
common
*
Stove
Feb
400
6c
Jan
General
Oil
Nav
7%
5%
3%
__
common
Detroit-Michigan
6% Aug
10
*
i
,
High
6c
common-
.
Low
3%
*
,
Manufacturing,
.
Range Since January 1
1
Adding Machine*—
12 VaC
Biscuit, common*
Frankenmuth
Paramount
Pullman
5
1
'
I
Shares
High
1
common...*.
Rubber, common—*
Continental Motors common****—
77/a Jan
26
Jan
6%
9%
Briggs
28% Jan
100
5%
20%
21% Apr
20%
26%
"
_*
Low
Burroughs
7%
\
,»
for Week
of Prices
5
Forge
Brewing,
City
44%
7
*1
common
Baldwin
3% Apr
227/8 May
7%
—,'
Co
Corp common
(Glenn
Auto
Jan
365
43%
—
1
Interlake Iron
Jan
322
4l/a
26
,
*
common.—,
4"%
28%
4%
52
'
sales lists
Sales
'Range
Sale Price
Par
26%
4%,
*—50
Week's
Last
STOCKS—
147/8 July
Atlas Drop
&
Exchange
compiled from official
Friday
Jan
62%
2% July
40
Detroit Stock
Aug. 22 to Aug. 28 both inclusive,
Stocks—
Topeka & Santa Fe com—100
General
2%
50%
51%
*_
Curtiss-Wright
Mew
2%
♦
capital
Copper Mining
Bethlehem
Martin
1%
common
Radiator
Anaconda
Atchison
Co
Corp
'
.
*
common
common..***..
Jr)
Radio
;
.
common***_
Wisconsin Bankshares
Wriglcy
<*
common
Oil-O-Matic
Williams
Zenith
——
Union Tel common
Western
' V
1 Aug. 22 to Ang. 28 both inclusive, compiled from official sales lists
s,
'
Stock Exchange
-
f
"Y.:'
-
I
I. 'Yy!
.%Y,YY;''V;:v:"'
i' 'v '
I
STOCKS—
'■
■
Accessories
Aircraft
'Friday
y '
/■
■
'■
39%July
y
•
i
ry
.
Sale Price
Low
■■
: 1.85
Sales
Shares
High
1.8O'
:«
.
'
.•
','iY
for Week
of Prices
Par
:
■_*.i**_._50c
Inc
Week's
.'-.Range
Last
>
-
' "
Low
.:
1.95 ;- y- 5,600
-
—
Y
f
■
■■
Range Since January 1
High
r
1.35July
,
1.95
Aug
2.70
Feb
»'
'
"
Bandini Petroleum Co
Bolsa
Cleveland Stock
Exchange ^
i
Aug. 22 to Aug. 28 both inclusive, compiled from official sales lists
Friday
-Y-'-.
Y
Y
STOCKS-—
Last
Sale Price
Y'!;Y
Par
Brewing Corp of America——*
•
—3
__
Cleveland
Elec
Corp
52
$4.50
pfd
common—
17%
500
15
Jun
18
52
100
52
Aug
60
Mar
Jan
10%
Creameries
Jan
10% Aug
alio
__
5
*
Range Since January 1
High
Low
'
59
alio
10%
61
150
"
7
10%
372
8%
55
July
107%
High
-
Jun
10
112
Chemical
Eaton
preferred
Manufacturing
.—*100
Electric Controller
Faultless
Rubber
Goodrich,
B
*
Harbauer
Co
Interlake
Steamship
Jaeger
Jones
•
__
Machine
&
_*
&
Medusa
National
Refining
*
Hancock Oil
xT^i0r,PiIe,ferred 6%"
National Tile
—
Jan
49
30
50
17
70
466
*_
•
3%
100
5
Aug
40
__
.
9
Feb
3%
Jun
125
28% Aug
13% July
2
711
1% May
45
'
45
%
50
%
36
Jun
%
134
6%
i
Patterson-Sargent
Reliance
n
Electric
Van Dorn Iron Works
Western
5
*
—*_———
Reserve
Inv
—
pfd—
^
*
100
n
22%
_*
_*
22%
8%
55
22%
Jan
5
Mar
19
Feb
%
General
Electric
common
**
Industrial Rayon common
N
Y
Central RR
Republic Steel
r
^
For
**
*
common
*__*•
common
♦
common
footnotes
see
page
776.
*_
9%
*_
_*
13%
Jan
11
Public
38%
8%
:
>62
July
6% Aug
Jun
5%
Jan
3%
Jan
10c
19%
19% ,*-...7023
12c
100
June
31%
'
23
a
•
Jan
2.45 Mar
100
-
-iw—~•
46%
4
317-
—*
Jan
15% Aug
...4% May
3,900:
8%
.
•
12c
^
5%
•.
Feb
20C
Feb
6% Mar
39% July
8% Apr
Jan
-18% Aug
May
24% July
11%
17
•
Feb
4c
3,250
12c
17% W:.
1
1
5% Mai-
495
5%
17..%
Union
7
Jan
11
-
4iO"t
7%
15% May
23
1.00 May
130
55
Feb
56
Jan
Southern
6%
a25%
July
1.90
Feb
Jan
Jan
16%
6
18%
18%
220
29
a25%
25%
:
s
Jan
29
Aug
25
26
Jun
Jan
145
33% May
38%
Jan
26%
627
22%
30%
Jac
Apr
8
900
6%
3%
3%
500
3
May
a37%
37%
30
35
—2
8
,
II25
17%
25
39%
13%
a29%
——4—
Ltd
.
California Gas 6%
14%
10% May
15
Jan
Feb
July
Jan
29%
10
14
Jun
24
Jan
17
17%
2,088
15
Apr
20%
Jan
Apr
41%
39%
39%
20
33
25
a28%
28%
90
24% Mar
26%
26%
605
a30Va
30%
pfd— **25
5%
35
July
„25
______
—
8%
Mar
1%
Co
Aug
19%
a37%
Edison
.'.17
25% Mar
180
20
Jan
Apr
36
al3%
"A"
6%
16
26%
•
-
Jan
28% Aug
23
27
30%
4
Feb
Aug
30% Aug
30% July
Aug
29%
29%
159
25% Mar
13%
13%
13%
470
10%
Jun
14% Aug
23%
22%
23%
1,366
18»/4
Apr
23% Aug
preferred A
Oil
•
Pacific Co—
Co
16%
a
36
4— —10
Oil Corp
California
a
,
29
J'r
Inc.—
Original preferred
preferred B
preferred C
Mar
67
Y
al8%
com—_
5%%
29% Jan
250
—
.
—25
Markets, Inc_*
Stores,
6%
Feb
9
of
California—
*
_
.
15
26%
27
23%
65
9%
175
~
III"
"I
II
9% Aug
13% Aug
17
54
23%
9%
J'
'■
Aeronautical Co
Signal Oil & Gas Co
11% Aug
Jan
55
13%
15c
a37%
''
*•
_*25
Standard
*_
Y—
25
—
Lighting Corp
Shell
Unlisted—
common_*10
100
*
common
preferred
Southern
Addressograph-Multigraph
3
I
15c
Corp common- —10
Electric
Indemnity Co—*^;
Ryan
Feb
10
21% July
&
1st
Safeway
2% Jan
46% Aug
Jan
10
352
3
y.;:. 3
1
1st preferred
5%%
Roberts
Feb
32
15
'
1
—1
Pacific
12-
50
al0% al0%
400
*
!
Pacific
__
-
Gas
Southern
Richman Bros.
4%
—1
Corp
Co
Mfg
Pacific Finance
19% Jan
350
—
4%
_y_*
Corp**
Co.*—*—*
Aircraft
Lockheed
Pacific
Jan
May
15
2
Petroleum
Lane-Wells
Menasco
Aug
29%
2
f
18% Aug
3% Aug
15
*
4%
.
270
342-
-
0,/«
__
18%
*——*_—*—,*.•
_*
.11%
'
July
32%
10
6%
-
Yv.
9% May
275-.
6%
_0
A**___~__
common
'
-
% Aug
\
Apr
;
Mar
15
401
*
new—*****
' 53
Jan
80
Co.
1
58%
,__10
Y'—_
1 '
'•
-July
Apr
Aug
28%
/
115
11%
4%
9%
■
Cement
Jan
Corp
Goodyear Tire & Rubber Co*:—__
Aug
44
334
Sessions*—3%
Portland
175
18%
al9% al9%
«
McKee, A G, «'B"_—
10
-
18%
—
—
14%
32%
___«
-
_
44
4%
5
•
42c
5%
96-
57%
'
1
common
Motors
Gladding McBean & Co*
\
Y
18%
—
Laughlin
44
110
—
_Y
A
General
.
,14% Jan
20
al9% al9%
«
*
—
Kelly Island Lime & Tr
Lamson
.
—•
**
Goodyear Tire & Rubber
20
14%
.
„
l_**
_*■——
F
112% 112%
a31% a32%
__
,*__«
.
America—*———
Exeter Oil Co common
Intercoast
Dow
of
13%
'/YJ
6%
—**
Corp—
-
4
.*
■
74% Mar
Jun
Steel
200300
6%.
13%
2.20' May
30
70c
6%
L-
.Ill5
Corp*****—:
Oil Corp___*_*_i*— J
Consolidated
Low
58%
__
*
_ido;
2%
70c
*
v
Chapman's Ice Cream Co——
Chrysler
:'--
a2%
'
Consolidated
al0% al0%
preferred—*•
Ilium
j
ih
Inc_*
Store
Central Investment Corp——_*.±—
Shares
of Prices
'
Department
for Week
Range
52
————»
Cleveland Cliffs Iron
Cliffs
'.
Sales
17%
-
Canfield Oil —*_;—_——100
City Ice & Fuel
Week's
•"
common—i—J;— —1
Oil
Chica
Broadway
—1
—_—
14
14
50
46%
47
124
_
__
Transamerlca
IIII
Union
9% Aug
Feb
Corp*.—
Transcontinental &
.
Oil
of
Western
5
25
California
Universal Consolidated Oil
Vultee
2
*
Air-
Aircraft,
Inc
*
—
4%
4%
4%
alO%
10%
16
13
10
1
4
1,178
*
--
12%
13
10
1,359
6%
—
6%
7%
315
"
4% July
—
Apr
6
100
7%
Jan
—
Apr
7
May
13%
7
Jan
Jan
10% Mar
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume ' 156 •Number 4103
773
OTHER STOCK EXCHANGES
Week's
Friday
!-
Last
Low
Par
Mining Stocks—
Gold
Unlisted
Low
High
2.Va
1%
3,000
Apr
2%
Jun
2c
50
2c
lc
lc
Jun
4c
July
Edward D. Jones
American Rad & Stand Sanitary
4%
37%
50
291
103
Apr
26%
50
24
May
28%
Jan
2%
25
3
Apr
3%
Jan
a43%
44%
50
29
17%
17%
30
14% May
2% Jun
.
118%
a
'
a26 %
2%
Atchison, Topeka & Santa Fe Ry_ __100
Atlantic Refining Co
a
50
Copper Mining Co
&
Co
—
n.
:
(111)
4%
a 4%
a37%
*
.—100
Tel Co
all8% 119%
a4Vs
_*
Smelting & Refining—
Tel &
a
_
4V8
35
Jan
Jan
Co.
&
1922
Established
Stocks—
American
Armour
St. Louis Listed and Unlisted Securities
Range Since January 1
.
High
*2YB
.10
> __1
Mining
American
Anaconda
Shares
/
•
Alaska Juneau Gold Mining Co—
Cardinal
Sales
for Week
Range
of Prices
Sale Price
STOCKS—
-j
705 Olive St.. ST. LOUIS
39% July
39% July
Members
129% Mar
Phone
New York Stock Exchange
CEntral 7600
St. Louis Stock Exchauge
Chicago Stock Exch.
.
Postal Long Distance
Chicago Board of Trade
Bell Teletype SL 593
Associate Member Chicago Mercantile Exchange
Aviation
Bendix
(Thej
Corp
Barnsdall
_
Oil
-
(Del)_
_
_
_
Bethlehem Steel
_
_
Canadian Pacific Ry_
___
Carterpillar Tractor Co
Jan
Jan
July
60 %
Feb
53%
30
55
25%
55
22%
r;a4%
%
4%
25
4%
Jun
8% May
a36%
a
y
<-
Jan
-
36%
96
1%
25
4%
1% May
Oil
1%
3%
3%
100
3 Va
Jun
23 V8
480
17%
Apr
23
Last,
7%
125
Jun
9
STOCKS-
July
Jan
Corp.
a
t,
6%
6%
a
v.'
6
Week's
Range
Jan
a23 %
3%
Exchange
compiled from official
Friday
Feb
38
Corp
Co
to Aug. 28 both inclusive,
Aug. 22
Jail
(Del)
Motors
Continental
St. Louis Stock
25% Aug
33% Mar
al%
..
Electric
Continental
Curtiss-Wright
a4
New York Curb Exchange Associate
Jan
a52%
_
Corp
&
4%
10%
39 %
*
_
July
18% Mar
39 Va
38
a31 %
5
_
43
Jan
60
31%
a9%
Corp.-
Gas
21
10
a31 %
_
Corp_
Columbia
a3
.
Jan
a25%
Co
Aviation
Borg-Warner
3
Jan
7>
■
Sale Price
-/
Invest
of Prices
Low
Par
•
1
Shares
Range Since January 1
Low
High
■
A
General
__
_
Electric
Co
._
a31%
32%
7
a20%
20%
;
——^
Corp..
Goodrich (B F)
a2Va
2%
Co
—
International Tel & Tel
Kennecott
Copper
Corp
Loew's, Inc.
30%
30 V*
•.
t
a43 %
•
_
Montgomery Ward & Co
30
*
—•,
r;
30 7
>
5
24%
43%
2 Vb
37%
'
"
29
29
29%
45
__
11
11
50
7
7
100
Aug
Apr
40 Va
•
Feb
l
•
,
;9%
,
North
;
-
Ohio
American
Co-
Pennsylvania
Pure
Co
Car
RR
2'A.
Co—
Oil
Co--——
Republic
Steel
Oil Co
Standard
Oil
Studebaker
*
-
L
'
of
Co
Del
' "•
Water
—*
—25
7V
V
V".
v
•
Associated
Corp
9 Va
a3%
22
v. .7
-
;.
.30
—
6% May v.;. 77
;
al3 %
38%
'.V-v
4%
—1
• 'i
...
—>25
; a 21%
.7:',
—
2%
:
Feb
National
13 % Jun
1st
31% July
40%
4%
7. 24%
Jan
21
Apr
Electric
Wagner
'10
a8%
a67%
a68
26
•
8%
69 %
Va
v!7 C.
75
7
8%
,0
7
,184
>
■
28%
28
—•
Bonds—
"
'
V
Jun
;-i>
A
32
62% Mar
27 Vb
475
30
>
■
•
64%
>
July
al9%
10
5
:
a
a46%
———
—
Westinghouse Electric & Mfg
Willys-Overland Motors
Jun
a46%
19%
20 % 7
16 Va
45
_
-
47
85
6
6
-
100
17%
Jan 7;
55'A
45% May
\
6
4% May
—50
x'i.1
a68 %
■
1%
V-
1%
69%
50
V
"7 iy2 Mar
71%
'
Week's
Friday
.-Sales
.
:
:'7 7
■
7>-
STOCKS—
Sale Price
,
Tel
Low
*
American Stores. —.7—^——
"10%
100
—
"
v
•
_
—
May
4% July
32
Feb
5%'
.
28%
5
1
114
,
200
110%
20
114
5% Apr
114% Aug
Jan
"
";r
'765
7%'"
76
13
'
9 Va
Jan
4%
Feb
13
Aug
99
15
99
Aug
100
'8
47
8
Aug
10
6
Aug
6%
205
6
6
6
125
5
Feb
23
"
23
23
10
21
Jun
v
7---
:
$300
88% 7.r
CO OO
--
Jun
7%
99
8
1
Aug
Jan
'
,
-
~
7
82
i
,
Jan
Jan
9%
Jan
6
Aug
24%
Feb
90
Aug
..
Jan
"7-7:; 245
57%
59 Vb
common—
Apr
%
-.
%
preferred 7.—7--AT—i.7—£
Electric Storage Battery,
——-
♦
Prior
Motors
77>:
—
*
14%
'
'
'
•.
30%
.
'
38%
—a——
Y)
(N
37%
'22%
common-
7 ; High
Jan
101%
7*"
2%
58%
-
9%
588
10%
2%
—
":7:-
12%
Vb
Jan
63% July
Feb
'
470
14% 7
r'i\
30% " >:7
12%
5
Jun
.7
7
,7770
29%
7
21%
18%
7 33%
7
Jan".
'77'200
Jan
.
77:
28% Apr
390
38%
23 7 '
"
•
•'
'> v"'■ /
■
■
Apr "i
Jan
Feb
Par
.
"
60c
—
Oil' Works—'
—
Paint
General
Ltd
3
Jan
26
Aug
60c
Aug
2.00
Apr
21%
Jan
2.50 Mar
1,255
-
41%
Apr
3%
Jun
11%
Jan
18
120
3%
1,661
11%
999
10
83%
371
76% Mar
"
3 %
;
Mar
101
1.65
2.10
Feb
Jan
Jan
88
3% July
Jan
100
3%
2.15
Jan
<
2.50 Mar
—
4%
—
.
10%
12%
12%
:•
'
-->7
-
12
31%
Jan
-
,
7% Mar
Jan
July
15%
Jan
39% July
6%
3% Apr
150
.
10%
common-'——-——*
4%
10%
:
337
630
12%
38%
5%
580
6%
6
12
37%
38%
common—*
*
Corp
Greyhound Corp
2% Mar
83
*
Golden State Co,
19%
2.15
Jan
Jan
103 %
30
10%
10%
8%
•21% Mar
376
:
85c
3
*
83%
Emporium Capwell Co common—---10
General Motors Corp common-—-,—10
Jan
Apr
1.90 Aug
•
40
36
19%
Apr
100
26
•
—
Giorgia Fruit Corp common
10
Doernbecher Manufacturing Co——*
Dorado
85
—
V
Di
El
30
2%
2%
26
35%
*
—
..
•
6%
100
94
High
1.35 July
2,400
•
7 .'A
94 •
2%
Range Since January 1
Low
1.90
7%
*26
Mining
July
40
27%
;
Shares
High
1.85
V
94
Tractor
Preferred
Low
__
20
for Week
Range
of Prices
■'•. 7.
—
Sales
Week's
,
common-'
Co common—I
Consolidated Chemical Industries "A"-"
Creameries of America common
1
Crown Zellerbach Corp common-.
5
Jan
.7 3%
:
Jan
%
44
260
Feb
134%
2 Vb May
20
inclusive, compiled from official sales lists
7.:, Friday
7 Last
Service preferred—25
Water
Eureka
Central
Low
118% 119%
118%
■4 '
*
Publishing Co
Hardart
26
5
99
50c
'•'
•
Accessories
Caterpillar
■
&
Apr
110
Sale Price
Calamba Sugar common—--"—
Range Since January 1
7
High
"
Mfg Co common-'—.
Horn
Aug
6
7%
of
Bank
:
Shares
of Prices
Par
General
1
California National Bank——20
California N A—1-'—L
80
Anglo
for Week
Last
,
5
12%
1
"
Jan
5
California
Chrysler Corp
Jan
100
7
/'
•
Aug. 22 to Aug. 28 both
Aug. 22 to Aug. 28 both inclusive, compiled from official sales lists
Curtis
5%
Jun
1%
70% July
100
•
1%
Jan
Philadelphia Stock Exchange X
:
Jun
San Francisco Stock Exchange
Jun
Aug
Aircraft
&
4
4%
July
101
Jan
hit
"•
;■
Tel
50
4%
28%
STOCKS—
American
Aug
■*'
1st mtge 5s_ -1959
St. Louis Pub. Serv.
"777"'77y777-
Budd '(E G)
95
Feb
34%
...
% Mar
'
1
4
21%
Feb
,10
"
—
Warner Bros Pictures
7:>,;77"77.
95
103
■
(Del.)
S Steel Corp
Jan
■>'*
Oil——
p.U. S. Rubber Co.„lC——
U
Jan
5%'
15
common
9% Aug
7% Mar
8
,
6%
.
Mar
I8V4
-
Sterling Aluminum common...
8
Aug
98%
43/
H
—
common-.
Aug
10
5
Scullin Steel
Feb
77 50
_
Feb
11
30
1
Common
Jan
4% July
7
4
I—i,
A_
com
7
Jan
33 %
28% July
7% May
95
.—
preferred—-100
Scruggs-V. B, Inc, 2nd pfd
Feb
100
Candy
St Louis Public Service
.7-;^^
■
.,
common—5
Prod
Common
Jan
369
4% 7; ;
21%"
Clay
3% July
17% Mar
30
„
Laclede-Christy
>Jan
9'%
Shoe
9%
High
7
Aug
21
102% 102%
common————"
22'A Aug
Jun
8% Mar
16
.....
sMar
—
-
5
105
21
-100
preferred—
—
9%'
9%
„„
25
—;
common——
Jan
2Va
:
20
22
13%
38%
;-7
■
14%
8
2
,7 —; 50
..
M.t. 10Vs
'
,
\
"
common.—
Interhational
Jan
,
5
Hussmann-Ligonier
Jan
Jun
7Vb
..
.
17.
:c
3%
.
;.Union Carbide & Carhop Corp——
United Aircraft Corp——_5
United
a9%
'
.v
;•
(New Jersey)
Corp.'
'
•
'.
al4
Swift & Co.——
.
2%.i. ...565
a22 Vs. 22%
Corp.
Seaboard
Tide
8%
9"%
13%
Jun
10
'
Radio Corporation of America—
£
7%
8%
:
,50
*■'
120
Pepper
—
common—,—
Common
r
May
6%
101
7
•
_7.:
2%
a
Motor
9%
a7%
--t?
Oil
Packard
>
11
11
Brewing
Emerson Electric
'
,
common....
Common
30% July
■•x
common—;
Ely & Walker Dry Goods 2nd pfd—100
Feb
34'A
X
Dr.
Jun
3
•
New York Central RR CcuL•
North American Aviation,
Iric.-V—vil
Shoe,
Columbia
Jun
19 Vz
;
25% Mar
335
Jan
28%
.
Jan
26% May
.
4
'7
Apr
13% Mar
•
415
-
28 V8
Apr
15
v
30Va 7.
30
2? %
156.
.•
5%
Brown
256
—*
General. Foods
5
American
30
27
a26
a26%
*
_
21
a21
—
_
5
Chicago & Southern Air Line pfd—10
Class
sales lists
Sales
for Week
Jan
111
8 %
Apr
'10% Aug
436
%
10%
Apr
12% Aug >
.
'
Horn
&
(Phila)
Hardart
*
common—
99 Vb
Jan
':100
1%
Apr
2,721
116%
July
3%
2% May
101%
101
14
Feb
Hale
Lehigh Coal & Navigation
National
&
Power
Pennroad Corp
—
^7777:
;•
«
Light—
:7
Reading RR common
—
22'A
'
7
32%
32
w'X 7 V-'7r
7
50
8%
13%
8%
18%
1,911
113% 114% " 7'7
3
_
:
1%
3%
721%
22
pfd— 100
Philadelphia Electric Power 8% pfd- -25
Corp
1%
;
400
XT'"
Jan
5
3
Jan
3%
Jun
24 Vb
Jan
'
3%
Philadelphia E'ectric Co 4.4%
Philco
4% 777:
3%
'
"~1
Pennsylvania RR—„:
:7
1%
——
voting trust ctfs,...
4%
13%
if 32% Aug
29% Apr
110
11%
45
15
Apr
2nd
—,
27%
190
24%
22%
100
33%
34% ;
163
46%
*
7——-7-7-,——
46%
7;
20 Vb May
X—77'
-
preferred—
Scott Paper,
27%
'22%
preferred
33%
Apr
Libby McNeill & Libby
Lockheed Aircraft Corp
25%
Apr
43 Vb
98
Jan
Natomas
Tonopah
Mining
———
1
7—7-:—7
>United Corp common—7—.>7———
$3 Preferred
A
7
0
-
'7'':
.
preferred
w'
•
-
32
'11%
7
3%
United Gas Improvement common—
$5
32
•vV/XW' ■'7':.'.7 '7';
3%
12%
7'V"
7
4
5
196
7
-
•;
'77
.
VB Mar
Jan
1
11
■
Jun
North American Invest
92
208
V.
Ti?
7;:7
hi
Jun
Mar
Jan
5%
.Tan
Occidental
Inc.———
Westmoreland
Coal
.
O'Connor,
20
—
12
21%
12%
100
10%
Jan
12%
Aug
21%
,
■
22
202
15%
Jun
22%
Aug
Oliver
Pacific
106% 106%
American Tel & Tel 3s—————1956
$100
'105% Mar
108
Jan
Pittsburgh Stock Exchange
Aug. 28 both inclusive, compiled from official sales lists
Week's
Last
Allegheny
'
- "■
■
Ludlum
Par
.7:7..
Arkansas Natural Gas Co
17%
.
*
Dusquesne Brewing
5
.7-7
/
Koppers Gas & Coke preferred
—_
•17%
-
100
%
%
5%
40
1%
4,924
7%
185
91
High
E.
22%
Jan
Republic Petroleum Co common.
Rheem Manufacturing Co.
%
Jun
Ryan
7%
Jan
Shell
1
Jun
1%
Jan
Signal Oil & Gas Co
7% July
9%
Feb
Southern
Calif
Feb
Southern
Pacific Co
85
33
83
Jun
97
,10
Supply
6%
268
6
Apr
8%
Feb
5%
5%
260
4%
Apr
6
Aug
70c
Jan
Union
Jan
Universal
35c
Pittsburgh Forgings
—
—.
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp—
-
—1
^25
;
#
Co
Gas
common—
pfd
A
ser
-
•
'•7s'-r68%
'
-25%
7%
35c
25%
7%
202
79
25
35c
23
Aug
Apr
7% May
9%
Water
68%
65
55%
Feb
3%
3%
275
3%
Aug
73% July
5Vb
Jan
Waialua
common.
Westinghouse Air Brake
For
footnotes
see
page
—_
776.
2
14%
2
15Vb
1,030
162
1% July
14
May
3
Mar
19 Va. Feb
Apr
7
lr/r
1
3
1
1
Jan
18 %
10
16
May
19
Jan
6%
900
Apr
7
Jan
20% May
6% Mar
29
Jan
80
525
3% May
21
'
V..,.
.
28
93A
4%
4%
50
7%
200
5%
:
10% July
"
4% Aug
4
Jan
4%
Aug
7
Aug
9%
Jan
Feb
2.15
Apr
7,294
2.00
1.35
Apr
20
18%
2,326
15%
29%
1,307
24% Mar
29%
Jan
26
604
22
Mar
27%
Jan
25%
266
21
Mar
25% Aug
692
22%
25%
26%
26%
V-
10
•
97
"97
90
July
72
Apr
101
Jan
9
Aug
15%
Jan
61% July
Apr
11
12%
11
82
82 %
104
193
-
56 %
8%
60
273
8%
175
1 .25
31%
8
1.75
1.20 Aug
10
81b
3%
125
3% May
13%
13 %
236
10% Mar
17
17
100
14
;i
Jan
Jan
Jan
13% Aug
5% Feb
Mar
11'A
3%
,8
Jan
14
340
-
Jan
Mar
12%
54
97%
July
683
9
31
Jan
3
2%
9
Apr
Mar
2% Mar
2%
14
Jan'"
20% Mar
Jun
170
12% Aug
17%
12
25% Mar
30
Jan
12%
12 Va
30
30
13%
14%
1,015
10%
Jun
July
14% Aug
22%
♦
—50
Feb
21
25%
--
2 DA
2,180
18% Mar
23% Aug
8%
8%
330
8
4%
4%
2,820
4
Jan
13
6%
12%
1,044
10
May
6%
6%
159
P
Mqr
7%
7%
400
6% May
19%
50
13% Mar
13
19%
—
218
10
2.00
138
7
24
218
2.00
.
—
7
-
26%
-
26 3A
20
205
May
2 00 Ma v
6
10%
Apr
26% Aug
1
Feb
4 %
July
13%
Jun
,8%
4%
Agricultural Co
——^.-20
Bank & U T——100
Dept Stores common——*
ser
Jun
Apr
28%
5
25
California
Oil
Yellow Checker Cab Co
9%
17
1
—
25
4%
Jan
6% Apr
Feb
Jan
Jan
18%
15
2
—.————
15
49
7
—f
Consolidated
preferred
3
1,540
•••
4'A
■
Shamrock Oil & Gas
12%
11%
Wells Fargo
Western
5%
Jun
-400
3%
1.25
Associated Oil common—10
Co of
1.50
125
14
'
56%
25
10
Aircraft —,——1
Oil
Jan
3%
4%
—-1
1
4
100
4%
'
Vultee
67%
90c
9%
-..p —
*
Transamerica Corp
Jan
100
19%
21
Jan
30
National
Fireproofing Corp common
Pittsburgh Brewing preferred.
Pulp
Jan
1 .20
1.95
"A"——:
Standard Oil Co of California
6%
5%
Tide
Fuel
Union
6%
Star Gas_
Mountain
Aeronautical Co
—
Oil common.—.'
y2 Mar
5 Vb May
...
19% July
—
preferred——100
Co, Ltd,
& R.
Rayonier, Inc preferred—
Soundview
84%
X—
16% May
355
1 Vb
•
Range Since January 1
Low
7%
•
5%
Columbia Gas & Electric
R.
Shares
High
5%
common.,
Blaw-Knox Co
Lone
of Prices
Low
*
Steel
for Week
Jan
Jan
6
7
Coast
Sound P & T common—.
3
5%
18%
4%
0
common
1% Apr
24%
3%
21
1st preferred
Puget
Sales
Range
Sale Price
STOCKS—
.7 ■ '
•
-
Plantation———15
Co
Feb
27%
6%
' 18%
—25
28%
5%% 1st preferred——
—25
5% 1st preferred
_——-25
Pacific Light Corp common.—
*
26%
$5 dividend
,.——1—1——*
'
Pacific Public Service common-,—2%
1st
preferred
—.—-—-*
—
Pacific Tel & Tel common—
100
82 'V
•Oi-v:
Friday
Sugar
Can
9%
115
19%
Moffat
Aggregates—
5
Pacific Gas & Electric Co common—25
Pacific
6 7o
Aug. 22 to
10
Jun
450
--
class AA-——
United Filters "B"_
—.
*
Paauhau
-7:;. -'.7
Bonds—
Co——-:
Feb
5%
Mar
4%
Cons———10
Insurance
Feb
7%
15% May
14
^^
Feb
*
Jun
400
4%
17%
Jan
"
Westmoreland
6% pfd——100
13
Mar
1.60
18
1.20
-100
American Oil
North
16 Vb
7::
10
Feb
July
150
.
.
21
4%
v;:
13%
740
2%
21
21
'—■——/
preferred
5% %
Jan
106%
July
3%
4,326
100% 101%
'••-■
100
A
1
—--7
—
Co
50c
Jan
209
7%
2 %
—
Jan
12%
2 50
6%
7
-1
36%
-
14
5'-"V 667
"
v.,
Feb
43c
2.50
10% Aug
8% Mar
42c
141
11
11%
12%
/
Co, Ltd
'—-——1
Magnin & Co, I, common
*
March Calculating Machine——
5
55%
7
Apr
—
National Auto Fibres common—
————————
—
Magnavox
22%
"
Sun Oil
R. G., Inc.———
LeTourneau,
27% Aug
1
capital—
Jan
"
1st
———
'
11/8
500
150
11
11%
43c
'—
>
*
Hunt Brothers common
———10
Preferred
———---——10
Langendorf United Bak "B"———*
Honolulu Oil Corp
Jan
10%
7% May
■7
Feb
116
110% Mar
"14
239
,.
Jun
Pineapple Co
Development
Holly
*
-*
Inc
Stores,
Bros
Hawaiian
Jan
7
Jan
10% Mar
23
Jun
270
Jan
2.25
7%
31
Feb
Jan
Jan
Monday, August 31, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
774
OTHER STOCK EXCHANGES
Week's
Friday
Last
STOCKS-
Low
Par
Unlisted—
Tel
4%
100
3%
Apr
4%
118% 119%
535
104%
Apr
128 %
4%
Radiator & Standard San__*
100
& Tel
Copper
Mining
Anglo National Corp. common A—'
Tel
Jun
Kenn
Jan
&
Marine
27%
27 %
26%
95
3
3
1.55
3
,
' :\
.
-
&
Co.
3
\
New
44 %
Consolidated
Oil
Corp
a31Va
Electric
General
Battery Co
Class
Idaho
B
*
13 Va
*
6%
a7
7%
1
—.—*
30% July
—*
9'A
9%
Aviation—___ll
all %
11%
100
North
American
Co
6
37
Co
2'/a
common.—-.1
15%
15%
6%
6%
3%
3'A
Radio
Republic Steel Corp common——-.—*
6 %
-
Pictures
Mill
Co'-T-W--__
Corp
20
3'/4
of America.—L*
26%
Apr
300
1.50
Jan
2.50
Aug
5,000
2.00 Mar
30
2.10
2o % July
27 Va
a27Va
*
30c
233
45C
30c
2.00
4;
So Calif Edison Ltd
Aug
5 % %
Jan
Standard
107
Aug
Title
28
.15
.'• >
25
capital—
Oil
a
a26%.
•?
Oil
of
J
N
25
Guaranty Co preferred.
17
45c
Apr
4
Jan
Warner
26% May
Bros
Westates
Pictures—
Petroleum
al6
1*
Last
Low
Par
Low
:
Bathurst
Bell
8
May
July
82
Aug
42
42
40
40
Apr
17
17
17
481
14%
14%
14%
175
&
Power
10%
11
Gold
Bulolo
1.00
5%
Co
Steamship
Canadian
Co
93
26%
26%
Celanese
preferred—
preferred
Cottons
Canadian
Ind
22
Jan
17%
Jan
•
'
Jan
26% Aug
•
Apr
41 Va
Jan
Mar
16 %
Jun
25% July
32%
13
8
•
44%
Jun
100
4%
Apr
•65c
—1
'•*
65c
vc'
35%
25
1.15
60
60
Manufacturing preferred—.100
11
11
25
24
100
127
100
120
Jun
14% Aug
,v
16%
Jan
1.15
Feb
124
80c
Apr
85c
Apr
55
Feb
v
15
:
>£:
1.15 Aug
GO
;
Jan
11
Jan
12
Jun
24
195
24
common———
43%
6
v
.
High
July
35
20
14%
1.15
Jan
80c
Apr
Low
High
14%
^
Aug
Range Since January 1;
Shares
1.15 / 1.15
1.15
Jan
6%
for Week
Range*
»
65c
Jan
55%
,
Sales
Week's
of Prices
Low
Ltd
250"
'
35%
B
18
May
1.00
Apr
11%
Jan
22
Aug
25
Jan
150
Banks—
•
Montreal
(Banque Nationale)
(Canadian Bank of)
1
of)—.
(Bank
1.00
35
93
Aug
102
4
Apr
5
% Mar
Apr
25
5%
27% May
12 V
5%
Aug
120
Aug
152
133
16
120-
Aug
188
Jan
119% Aug
153 %
Jan
1077/8 Aug %
107% Aug
v
119% 121%
159
of
.1956
4%s.
Canada
107% 1077/a
$100
Montreal Curb Market
v
Apr
;
Feb
Sales
Week's
Frlday
Last
Jun
;||I
both inclusive, compiled from official sales lists
Aug. 22 to Aug. 28
Jun
7%
29 %
for Week
Range
„
Jan
32
v
4% Mar
7
f'July
21% Mar
•26
July
25
21% Mar
27
•
Abitlbl
123
8
120
Mar
125%
100
10
100
July
102% Mar
130
3
Mar
50
3
Mar
3% May
3% Jan
835
5
Jun
Power
Aluminium
Jun
6 '/o
>'y^Par
y,;':;v-h
&
Low
350
50c
86 Va :.:••• 87
130
85 %
111% HlVa
50
50c
50c
Ltd.———i
<
''V
—-i——-Jk_ 100
Range Since January X
High
LOW
,i
Paper Co common—_*
preferred
Shares
of Prices
Sale Price
STOCKS-
Jan
56
%
127
'! 16
BONDS-
Dominion
Jart-.
300
■;
3
121
.100
Jan
25%
127
.
132
100
Royal Bank of Canada-—:—
<;
Jan
.119
k'
13% May
5
:
80
July
Apr
Mar
1,998
•J"
——_L—
Canadienne
^Commerce
Jan
4
25
22
20%
Apr
23% May
30%
604
:
Jan
Mar
30
■
15
r
30
325
11% Aug
100
7
High
75c
May
109
Aug
111% Aug
-
118
I
Mar
Jari
Jun
6% Mar
Jan
'■
'f
*
■
\
'V
j•'«
•
•'
—100
common—
19
122 "
100
;
Canadian
Aug
14%
10
6%
5%
16
6
Sale Price
Ltd
Preferred
Apr
5
4%
24
I
6
•
*
common—..
42
185
28%
30
Apr
8% Aug
Jan
,',102
,
r?W
94
6
25
preferred
participating
7%
93
Foundry common—*
Canadian Car &
T/c
4%
*
common—
255
17%
•
47%
Zellers
July
150%
40 ;
4
4%
■
9%
10% Aug
400
4
50
Bronze
Canadian
12
*
—.
preferred
26
84
124% Aug
6% Jan
1,721
7%
common
16% Aug
13% Aug
20
6%
*
Preferred
——100
Canada Northern Power Corp.-—-—*
Canada
1.00
12
,
*
—5
Dredging-—;.—
Cement
Canada
21
21
15%
6% May
457
'
r
"
-146 %
5
Cotton
Class
Feb
105
10%
21
*
Class B
Building Products "A"
8
"
;_*
:
I
Woods
High
13
340
10%
class A—_—*
Power
8%
125% 126%
126%
—
Columbia
British
A—*
Paper
Co of Canada——100
P
*
&
L
T
8%
common—_—*
Breweries
Telephone
Brazilian
23
20
preferred——50
*
Corp
Associated
55 : ;
106
82
...
Anglo Canadian Tel Co
Asbestos
25%
11% Aug
82
*
—
30
100
Steel
Preferred
Aug
'
11%
25%
Agnew-Surpass Shoe Stores common—*
Pacific Grain preferred
1
Algoma
3% July
Feb
13%
80
Winnipeg Electric class A—,—.
Range Since January 1
High
11%
Alberta
Wabasso
Wilsils
Shares
2%
200
27%
Par
for Week
Range
Aug
8% July
Jan
a27%
stocks-
Sales
of Prices
Jan
15%
4%
_5
United Aircraft Corp common,;
United States Steel common
2.50 Aug
compiled from official sales lists
Sale Price
STOCKS—
2%
300
'■
<38%
preferred
Montreal Stock Exchange
Week's
Feb
Jan
1%
Last
Friday
Feb
8%
15% July
16
26%
38%
common———
8
Friday
Aug. 2'i to Aug. 28 both inclusive,
Jan
Apr
2
100
r
14%';; 14%
25,
Socony-Vacuum
Jan
8%
Apr
105% Aug
22%
*
2.05
7/a
\
22
26%
113%
'
Aug
30c
Apr
450
2.25
Jan
9% Aug
:
May
6%
150
2%
._
Apr
105% 105%
105%
1
100
1 Va
1»/.
"
10
70
*
common.—
Jan
May
24 %c
200
Motor
S&IVs '
10
common.-
2%
4% May
•
•
7%
2.60
7% May
725
American
Apr
1.40 May
200
1.80
1.80
5c
•
pfd—-100
Canada
84
-
29 %c 30c
—*
01
24 %
14% Aug
11% Mar
150
13 %
a6%
*
Nickel
International
55 \
11 Va
Apr
—
30
Pioneer
Aug
Corp
Feb
29%
a
Paramount
2 Va
A
20%
Feb
8%
—
Mary Mines
19% July
Jan
129
Co
15
40c
650
& Share Co———i—5
Electric Bond
Fibre Board Products prior
20'/a
32%
July
30c
429
40c
2Va
-.
Jan
20 Va
Feb
31
55
31 Va
38c
9Va
Dominguez Oil Co
Hobbs
'38c
2 Va
—
Curtiss-Wright Corp
36%
Jan
8%
Consolidated Edison Co of N Y_
27% May
North
Aug
4'/a
May
50
37
__*
City CopperCentral RR capital
York
3
Jan
2%
31 '/a
*
Jun
Jan
29%
-
100
2%
a2%
.'_*
—
Mountain
1.60 Jun
High
Low
High-
a3C%
Bancorporation-
Montgomery Ward & Co—
2% May
320 '
3
10
common
Low
Range Since January 1
Shares
.*
common—-
Jan
4
Jan
3
—__2%
& Sullivan
Co
28 %
May
1.15 Mar
1,013
44%
44%
•'::
3
———5
Co., Inc., capital---—
_^_1
Cities Service
Tel
28% July
23 % May
421
1.55
,
•
24
400
a25%
Bendix Aviation Corp
Bunker Hill
;
■
Par
Copper Corp common
Packard
Blair
y«-.
.
for Week
Range
of Prices
Sale Price
"
Mining Co
—.
5
Top & Santa Fe
100
Corp of Delaware.---—----3
Aviation
a
!
—
—
-14
50
*
American Viscose Corp
Atchison
High
Int
American
Argonaut
Low
High
stocks—
.
*
American
Anaconda
Last
Range Since January 1
Shares
Sales
Week's
Friday
Sales
for Week
Range
of Prices
Sale Price
Bathurst
Pwr
Beauharnois
Paper Co Ltd cl
&
Power
B.i* ;;
■
">■ V
9%
14
,
1.50
5
31
;
15 Va
13%
■y?-
^
9%
15%
*
Corp..
1.75
1.75
9%
~
Apr
Jan
2.25
i
.
9%
Jan
Jan
■
Alcohol
...*
A
—
3
B
—*
—
—
—
'
Pacific
25
Cndn Tube & Steel Products 2nd pfd_*
Canadian
Ry_;
Cork
Seal
&
5
5
10
33
535
20
*
Co__
5%
32%
20
50
—
Smelting——5
Consolidated Mining &
Crown
a,.'
3
5%
'
Class
3 Va
3
.
—
American
Oil Co
British
Columbia
Packers,
5
Aug
32% Aug
5
Aug
Canada
&
39
Jan
Canada
24% Mar
Canada
Malting Co, Ltd^—;
Northern Power 7%
July
Dominion
Bridge..
Dominion
Coal
20%
21
10%
—
10
10%
—
•! c
*
Sugar Co.;
270
20% Aug
common.—*
& Chemical
10
July
15%
Jan
Canadian
33
84%
pfd—-100
106% 106%
!•
—
Jan
15
Apr
Jan
13
34
?
17%
•
July
33
"
2
147
6%
Jan
9Va
Jan
125
3%
Feb
4%
Jan
Canadian
General
68 %
69%
Canadian
Industries
Preferred
Aug
37
Feb
Apr
85
May
Mar
108
Jan
79%
106
2
.1.00
1.00
■—
7%
3 %
•
50
27
33
84%
100
common—J.« V
Breweries Ltd
7%
'
^
13'/a
Mar
20%
,
Jan
24 •: Mar
250
3%
7%
_25
Steel & Coal B—
Dominion
331
84%
_'J.*
pfd
'
Dominion Tar
13
14%
14%
•V
115
v
r
Canada Wire & Cable 6%%
21
•
preferred——25
Dominion
*
Ltd__;
20
•
;■.
Ltd...——
British
1.45
Apr
July
31 V
Jan
6% Mar
7%
Jan
1.00 Aug
28
28
45
7 Vb
7 Vb
160
139 %
•140
25
100
157
158
■V 5
Co._-.__'————1
55c
55c
100
3
3
50
2%
1.65
1.70
742
1.65
9
9
20%
20%
27
—
L*
Investments Ltd
1
:
-
English
Electric
69%
——-—-•
Textile
Dominion
class
Foundation Co of
———_*
B
"■
66
Aug
82
Jan
July
July
3
July
16
Jan
3
100
.3
14
13%
14
———*
Canada..
3
'X-
•
70
75
12
7'U
5%
Power
Steel
—100
—
Wares
—
5
5
—
Bridge
Howard
7.15
Aug
2
Feb
3%
75
3
50
3
8%
97
22
*
9%
—*
5
Ltd
Imperial Oil
Imperial Tobacco of Canada common
Nickel
International
325
Jan
David & Frere
Jan
Dominion
3% Aug
3% Jan
Donnacona
3%
Jan
Fanny Farmer
Jan
Fleet
Aircraft Ltd
100
Jan
Ford
Motor
'28
Jan
22
Apr
Lang
Laura
of
*
13%
13%
(C
W)
115
—100
'.
*
-
7
Jan
McColl-Frontenac Oil
Apr
36
Jan
Melchers
137/s
Jan
Mitchell.
Jun
Moore
45
115
5
11% Mar
115
July
9%
80
8
8%
10
6% Mar
6
;
1
5 %
Jun
Jan
118
Steel
MacKinnon
V;'.:
Corp preferred—100
Oil
McColl-Frontenac
Mont
&
Loan
12
*
.25
Mortgage—
Jan
6% July
60
10
60
Telegraph
Montreal
Tramways
National
Breweries
National
Steel
Car
vf,
CO
Aug
Noranda Mines Ltd—
—4-"-
65
•
Ottawa
Mills
Flour
Electric
Quebec Power
Rolland
Ry
Co
—
._
Class
A
■
—
*
common.
—
12
♦
preferred.
■
6%
*
;v —
1.10
Lawrence Paper preferred
20
Mar
23 Va
1
13
Aug
14
Jan
Jan
A___
-
13%
*
June
Robert
2
125
i:
V
10
Aug
25%
,
:*
-V.
17%
18%
253
14% Mar
7%
8
:
;
6
'••'is'.
"■.
Ltd———
6
25
85
34
e
5
13%
30
40%
40%
85
preferred .100 -X
pfd— -.10
50
•
;
'6
—
■,
•
VV:
Southern
Steel
Co
of
Canada
of
Canada
pfd.i..100
Power
Canada
*
United Steel
Viau
Ltd
For
25
Tobacco
preferred
Corp
preferred
footnotes
*
100
see
page
—
'
Jan
18%
Jun
12
Aug
13%
Feb
Jan
15c
Mar
10c
5% May
79
Aug";
10
92
6%
Jan
Jan
Feb
5%
Feb
11%
Jan
15
Jun
39%
Apr
45
Feb
90
Aug
103
Jan
6
Mar
8
Jun
100
>
25
•
•
Sarnia
Bridge Co Ltd class A
Thrift
Power 6%
••
«
'7
■.
.100
Jan
Apr
1st
21
Apr
24%
12
Apr
20
Jun
5
2 Va
2 Vb
10
14
14
75
9
Brewery Ltd
50
1.50
11
Apr
Feb
Feb
2 Va
July
1.10
Apr
Jun
50%
Jan
19%
Feb
16%c
Jan
2.24
Jan
1.10
45 %
25
40
19
19
25
600
7 %c July
"
May
Feb
1.05
1.10
45%
19
_
14
18 Vb Mar
""Vn-
45%
...
*
preferred
.
103%
Jan
130
■
common—_____
Walker-Gooderham & Worts Ltd com.*
100
3^5
•
•
j.
*
Walkerville
$1
102
preferred—.———
Stores Ltd
6%%
7
102
—'
__
pfd
35
90
90
Page-Hersey Tubes Ltd
Jan
23%
24 VB
75
23%
Apr
26
Jan
30
30
75
29
Apr
34
Jan
Aug
17%
Feb
43%
44
18
18
14 '
75
12
14
6%
12
6%
1.10
.-
182
120
12
52
Jan
July
22
Jan
-41% Mar
18
1
13% Mar
17
Aug
6%
1,035
6% Aug
11
Jan
12%
172
Apr
13
50
5% May
8
Jan
Mines—
Aldermac
East
Lake
1.10
9 Vo
22
285
5
20
25
321
13%
13%
545
5
11
1.00 Aug
Gold
Shore
Mines
Mines,
9% Aug
22
24%
12%
Jan
Jun
7%c
1.00
1.01
700
45c
400
7.10
25
45c.
1
-1
1
Ltd
Lac Gold Mines Ltd.
7.10
—
Mines
Macassa
Limited
1
1.20
15%
Jan
Apr
Jan
Feb
14
115
Jan
Mines,
Ltd—._
Consolidated Mines
—-
1
1
Slyvanite Gold Mines Ltd
-
—
65
Aug
9%
10
61%
63
68
68%
3%
60
150
3%
60
30
165
316
5
50
30
110
9
Feb
58
Mar
66.% Mar
147
Feb
10 %
Jun
1,200
Jan
900
1.15
Aug
2.22
Jan
60c
50
60c
Aug
88c
Jan
52c
800
50c
Apr
75c
Feb
60c
100
50c
Aug
87c
—
,
52c
825
1.24
1.24
200
50c
Mar
1.24 Aug
l%c
July
63%
Jun
150
Jan
1,000
2.07
125
78c
78C
200
78c
Aug
16c
16c
400
15c
Apr
2.22
2.30
700
16
16%
121
Ltd
...
1
—
1.90
Apr
65c
1.35
Jan
Jun
July
4c
Jan
2.68
Jan
Jun
70
1%C
2.00
Mines
Aug
2.80
1%C
Cadillac
Wright Hargreaves Mines Ltd...
Jan
65
Aug
_*
Wood
11%
1.87
50c
50c
Jan
Apr
Sullivan
6.90 May
49%c Jun
60c
—
1
500
Feb
C0c
.__*
Mines Ltd—
Sherritt-Gordon
■
1.00 Aug
32c
52c
#
Mining Corp Ltd
Gold
65
1.96
1.15
—
.
65
1.87
1
Malartic Goldfields
Normetal
V.
...
Jan
25
43
7%c.
1
Ltd--—_
•
Little Long
O'Brien
2.00
*
Copper Corp Ltd
—:
Mines Ltd—____
Malartic
Eldorado
Jan
6 %
24%
150
—.100
———
—
61%
*
common—
Preferred
Tuckett
—
Jan
3%
;
7%
150
10c
J 8
"V
7% Aug
180
8
10c
>
Apr
20
May"
2% Mar
Feb
Jan
2%
1.75 Mar
15
10
Apr
4
Aug
25
Ltd
Co
20 %
200
'•
12%
6%
Limited
Corporation,
200
Aug
16
Lake St John Power & Paper Co Ltd—*
Distilleries
•
9
Calgary & Edmonton Corp Ltd—.*
Williams
Sherwin
Jan
3% July
3% Jan
Apr
2%
• '
_
Jan
May
20
110 % 110 Va
25
100
Shawinigan Water & Power
150
1,473
22
*
common
4%
3%
9 Va
——50
St Lawrence Flour Mills
St
_*
___»
,
Corp
-.
—
mm*.
Paper common....
Lawrence
St
•
common—
Price Bros & Co Ltd
2% May
3%
13
12
*
Ogilvie
Apr
24
*
Niagara Wire Weaving Co
2%
23
:
*
common—
Corp—
105
17%
—.40
—100
—
3%
21%
3%
.
'
Montreal
3%
13
21%
,
•
Jan
Mar
Feb
10%
21
3%
.*
.
Ligbfr Heat & Power Cons
Montreal
'1'*'
■
60c
Apr
2%
'
*
45c
16
•
International Utilities class B
Southern Canada
Massey-Harris
175
Aug
v
«
...
:
2>/a
j
*
Apr
29
Jan
Ltd
K;2%
—
1
Inc
trust
6%
600
12%
155
60
•
2
Frasier Companies Ltd common...
Jun
8%
9%
; r;
—
—
Canada
9%
6
•rmr
—___3
———_*
Co Ltd.
of
vjr
•ft
''
2
•
5.00
Shops
L
7% Mar
•:>.;150
30
(John A) & Sons Ltd..
Secord Candy Shops
Lindsay
6%
29 V2
Woods preferred
the
6%
...
9% Aug
Candy
413
10
161
-
-
*
_
Fairchild Aircraft Limited
Jan
14
_
k
'V"J
JA
.
Ltd
Paper Co
10%
Mar
1,70
*
j
Oilcloth & Linoleum Co Ltd.*
Feb
97
,
Ltd—-
Limitee class A—
926
9%
Canada-—*
Petroleum
of
9%
;—_—£1
Preferred
International
Lake
9 Vb
Corp
139% Aug
Aug
Voting
9J/4
Paper
;■>%
_*
common-.
Apr
8% Aug
15
22
92
Consolidated
Ltd
2%
125
97
6%
Vickers
6.75 Mar
10
8%
6% July
72
Marconi
2%
220
————100
Mining—
84
7.15
"
Bay
75
84%
8%
'
Hudson
Apr
3
„——*
Mines...—
5
Smith Paper common———_*
Gold
Preferred
Apr
7.15
'
Hamilton
Feb
5
84 V*
-
Gypsum, Lime & Alabastine———*
Hollinger
5
70
385
232
v
3
—
:♦
common———
5%
3V4
—;—-—100
(Charles)
—
15
6 Va
72
72
-
*
common—
Preferred
Gurd
5
—*
common
preferred
General
B——
preferred
Caaadian
Canadian
Gatineau
Ltd
3
Feb
4
Apr
50%
Jun
60
Aug
Oils—
Oil
Dalhousie
Home
Ltd—.
*
Ltd
♦
Oil Co Ltd—
*
Oil
Royalite
Co
.
Co
2.22
776.
/
2.05 July
16
Aug
1.03
22c
2.70
19r
Feb
Feb
Feb
Jan
Volume 156
Number 4103
THE COMMERCIAL & FINANCIAL CHRONICLE
Friday
Week's
Sales
'
Last
Toronto Stock
Exchange
STOCKS—
Par
Aug. 32 to Aug, 28 both inclusive, compiled from official sales lists
Leitch
Friday
Last
STOCKS—
Week's
Range
Sale Frice
Mines, Ltd
for Week
Shares
Class
Range Since January 1
of Prices
Low
Shares
Low
50c
50c
50c
2,400
*
72c
72c
72c
100
*
20%
20%
70
_*
18%
18%
145
1.90
1.95
2,015
99 c
—
B
Range Since January 1
High
1
Little Long Lac Gold Mines—,
Loblaw Groceterias class A
Sales
of Prices
Gold
for Week
Range
Sale Price
Feb
72c
Aug
1.35
Jan
19%
Jun
25%
Jan
18
Aug
23%
Jan.'-
Aug
2.85
Jam
'
-,.p
Paper 6% pfd—100
Alberta-Pacific
Grain
Canadian
Gold
Bankfield
Bank
,
Bank
of
Bank
of
7
May
Apr
Jun
V4C
%C
600
—.!
Ltd
1
*
36c
37c
1,550
34c
1.07
3,666
91c
May
2%c
2%c
100
1,500
130 130%
224
224
100
212%
218
Bread
preferred———_50
Mining Corp—
*
'
14%
130
"'
20
30c
Mar
6,800
1.55
1.75
5'/8
5 Via
Preferred
Jan
Mclntyre
18
May
McKenzie
3,200
120
2w2-—.———1
55c
55c
950
Beatty Bros 1st preferred—.
_100
Bell Telephone Co of Canada
——100
110
110
15
102
Feb
125
127
134
123
Aug
5%c. 5%c
2,233
:
Apr
5c
Bidgood Kirkland Gold Mines
Biltmore Hats, Ltd
Blue Ribbon Corp 5%
Bobjo Mines Ltd—™
!
126%
1
2
*
~6
■
preferred——50
;
.
55c
McLelland
McVittie
6
6
125
6
25
30
25
Gold
3%
3%
402
Apr
3% Aug
12%
12%
870
3%
79
10% Apr
2% May
12% Aug
3%
84
85
35
74
Jun
95
—,,—5
38
38
30
36
45%
Jan
50c
Apr
1.04
Jan
———1
l%c
l%c
l%c
2,000
lc
Aug
3c
Jun
Mines
1
4c
4c
500
_»
9c
11c
1,700
Mexican
Montreal Light Heat & Power
'
Mercury, Mills
Mines,
8c
8%c
1,500
6c
Mar
12%c
7c
5,700
6c
July
32 %c
Jan
National Grocers
5.95
5.85
6.00
1,018
5.85
Aug
9.30
Jan
National
6%
Jan
11% Aug
Columbia
10%
10%
10%
1.hk2
4%
——*
15%
*
4%
115
14
*
Packers—/
Columbia
Power
class
British
Dominion
Oil &
A—
4'% Mar
6O0
:
13
200
.
12%
14
14
20%
20
20%
20%
36c
-
*1
30c
30c
32c
2,900
Nipissing Mines Ltd—.
—J5
87c I" 87c
200
Apr
Noranda Mines
61c
Jan
Normetal
7,700
35c
Aug
1.15
1.16
r'-f'.-V 400
91c
Apr
1%P
l%c
900
lc
Mar
7%
7%
200
7% May
2.80
*
Canada
2,025
11c
1,000
20
34
*
4
:
»/4
35
8'%
Co
Packers
10
Apr
Jun
Gold
Omega
Jun
Gold
Ltd
6c
.1
13 % C
Canadian
Commerce
Pacalta Oils, Ltd—
Jan
Page-Hersey
Breweries
Canadian
Canners
50
111
85c
5,000
lc
Aug
2c
Jan
15c 15%c
5,700
12c
Feb
19c
Jun
Jun
14%
Jan
37%
87
Photo
Jan
Engravers
105
105
A————20
18%
Class B ———I
2-*
Canadian Car & Foundry common——1"
Preferred
_25
18%
8'/4 '
8%
5% V
25
;
;
1
'75
.
29%
Jan
Porto
57
Jan
Powell
Metals
154
Feb
Preston
East
Aug
Jan
16
130
260
25
Pioneer
1.00
420
8%
5%
'
Pickle-Crow
Jun
48'% Aug
100
18%
5 Vb
Jan
7%
126
Apr
8
1.40
May
22
Celanese
Canadian
Indust
Canadian
Malartic
Canadian
Oil
common-;——*
Canadian
Cariboo
Alcohol
class
A--.
22%
3 Vbc
*
22% ' 22%
3 VaC
Gold
Mines———-.*
preferred——.-.
100
Pacific
Ry
34c
5%
25
——
110
..;.5%
Trethewey
Mines,
Ltd-——
Central Pat Gold Mines
Central
2.
25c
110
5
110
1.45
1,925
1.38 May
2.35
Jan
1.15
1.20
3,350
1.15
2.20
Jan
100
98%
98%
23
Mines—
Gold
Mines—
1
July
Industries
Cockshutt
Gold
Jun
St.
Plow
July
3%c
Jun
St.
Lawrence
Apr
46c
Feb
123
San Antonio
Senator Rouyn, Ltd——
Gold Mines Ltd
5
Jun
6%
Feb
Aug.
1.72
Jan
Smelting-.————___
117
5
Apr
Sherritt-Gordon
121
July
Gold
594
45c
Aug
2,200
68c
Aug
Aug
1.30
1.30
Jan
1.50
Jan
Siscoe
4c
Consumers Gas Co of Toronto——100
Crow's Nest Pass Coal.
Distillers
-3,400
6%
600
9%
33'%
29
29
.
60c
,
32'%
.
24%
24%
95
95
13%
13%
13%
147
148%
10
10
25
18%
18%
326
Dominion Bank
(The)—
100
Dominion Coal preferred.———25
Dominion
Foundries
Steel
10
com—*
class B———25
Dominion Steel
Dominion
&
Stores.
Silverwoods Dairies
Jan
Dominion
•
6% Aug
132
v
Sladen-Malartic
Slave
Lake
Jan
34'% May
Standard
Mines
Gold
—
Nickel
Steel
Co
of
Canada
Aug
July
191
.16%
Apr
19
6'%
103
500
Jan
•vv 4
15%
20
7%
200
1.00
1.01
6,150
98c
47c
49 c
5,469
32c
Feb
River Gold
Feb
2.30
2.35
Apr ■*!
4•
1,6'% Mar
555
16'%,
265
2%
2%
2%
110
Ford Co of Canada classA—_—.—*
18
18
18%
501
2.25
15
8
2.30
53c
Aug
3.60
22
May
2 %
Co
preferred
:5%%
common———*
preferred
6
72
———————100
Gillies Lake-Porcupine Gold-—2——-1
God's Lake Mines Ltd
Goldale
Gold
Mines,
Ltd
*
10 %c
——1
79%
20
2%c
2,000
9,999
<
8c
—1
Eagle Mining Co—
72
9%c 10%c
•
6
2%c
;•
72
78%
100
—
May
3%
14% Mar
8%c
7
100
4%
-
July
Jun
Aug
60c
62c
2,235
60c
Aug
97c
Jan
8
25
60l
■
2c
Apr
70
Apr
Canadian
Jan
Toburn
Jun
Toronto
Oil
Gold
85
65
May
2,825
30c
May
49c
Jan
18c
18c
2,350
17c
Apr
34c
Jan
14,500
x
—
1%c
l%c
l%c
3 Va
3
3'/s
62
:62%
170
1.33
1.31
1.44
13,375
Transcontinental
Twin
Jan
11 %c
Apr
1,100
6%cMay
24,700
3,'%c Mar-
8
3$:...
50
7c
8%c
49%
25
8c
8%c
600
3%
605
1%
1%
.2,000
1.80
1.80
200
3
!
8c
Gypsum Lime & Alabastine___—
Swayze Mines.—
Mines- Ltd——————.
Hamilton
Harding
Bridge
Carpet
...1
__
»
Co—
,
1
'
«
Ltd
.....
—
—
3
195
2%
Jun
3'%
3'/a
15
2%
'
'•
Apr
7%c July
2% July
%c Aug
City
1% Aug-
33c
32c
33c
1,500
7.15
7.10
7.25
4,242
.
2.25
2.23
2.29
7,650
2.07
2%c
2%c
2%c
4,500
2c
22
•22
365
21%
27%
28%
100
Urhi
C:Old
9%
1,427
Oil——:
"iii
Homestead Oil & Gas——.—
Hudson Bay. Mining & Smelting—
Imperial Varnish Colour preferredImperial Oil
«
22"
»
9%
9
Imperial Tobacco of Canada ordinary_5
10
9%
10
6%
67/b
...
Inspiratiori Mining & Developing...
1
26 Vac
International Metal class A—;
International
Nickel
International
Petroleum
*
"iii
International. Utilities class B
J.
M.
Consolidated Gold
0
Mines
24 %c
28c
50
-
3,000
14
—
~
5'/s
5%
20
29%
——
common—....
630
-
30
1,427
Gas
United
.13%
14
675
5
5
700
of
Co
lc
lc
500
1
3.60
3.55
3.70
5,417
-_1
Ltd
.
46c
45c
46c
2,200
1
35c
35c
37c
10,000
1
—
Kirkland Lake Gold Mining—
Dufault
Lake
Mines.-
_
Shore
Mines, Ltd
Lamaque Gold Mines
_
3c
Jan
1.98
Jan
9%
9%
10
8% May
V 11%
Jan
1.48
.1.50
1,950
Aug
2.34
Jan
75c
75c
960
Aug
1.60
Jan
8%
Jan
1.48
v,-5
4%
Ventures, Ltd.
Vermilata c-jjs
Waite-Amulet
1
7.75
*
7.25
7.75
3.60
500
6.75
3.15 May
3.65
240
Lapa Cadillac Gold Mines
1
4c
4c
8,800
Laura
3
8%
8%
85
Secord
For
;
Candy Shops
footnotes
see
page
776.
——.
4c
Apr
Aug
6% Mar
135
4
Aug
500
60c
Aug
25
16% May
20
55
55
20
50
Aug
84% Mar
30c
55
1,*—■*
30c
1,000
23c
Jun
50c
;
2%"
2%
3c
3c
500
477
20
1.50
——*
5'%
5
5%
A pfd—50
30%
30 V4
30%
10
3%
3'%
3%
10
lc
1.10
Feb
Apr
Jan
Jan
3.25
Feb
Apr
5c
Jan
4'% Aug
29
Ltd.
Worts
Mines,
&
Flour
3%
3 Vb
3%
585
60c
60c
2,100
——*
3.30
3.30
3.50
1,095
3.00
9c
8c
9%C
7,000
5%c
*
1
—
3%
Jan
Mar
Jan
4'/b July
Apr
1.24
Apr
5.00
Jan
13c
Jan
Jun
May
3.85
3.85
4.00
45%
45%
45%
110
40
Mar
50
Jan
25
25%
40
18
Mar
29
July
9%
10
140
_♦
10
l%c
,
3.85
36
——*
pfd——100
Ltd
2% Mar
59c
10%
,
common.*
(George) Ltd common
Wright-Hargraves Mines
250
July
2% Mar
—1
Canadian
9'%
Aug
4.80
Jun
11%
l%c Aug
Jan
Jan
l'%c
1,000
3%c
Feb
1.95
1.95
2.10
1,925
1.81
Apr
2.90
Jan
3%c
3%c
3%c
2,500
2%c
Apr
5c
Feb
—.—1
__—
Ymir Yankee Girl Gold Mines,,———*
Jan
12%
Toronto Stock
Aug. 22 to Aug. 28
Friday
Jan
31c
Last
STOCKS—
May
Sale Price
Par
Canada Bud Breweries
;
.—
14
Aug
Consolidated
15
Mar
Consolidated Sand preferred—
lc
Jun
Paper Corp——
Week's
Low
*
Sales
for Week
Range
of Prices
Shares
High
5%
5%
25
*
1.50
1.50
1.75
334
—100
75
75
75
30
18c
18c
100
20'%
21
65
Range Since January 1
Low
High
5
Apr
1.50 Aug
75
Aug
5% Aug
3% Jan
81% Feb
Aug
4.40
Exchange-Curb Section
both inclusive, compiled from official sales lists
Jan
7%
Jan
Apr
5
60c
17%
60c
cdnmmon—*
———
28% Aug
9% Aug
.
1.48
75c
17'%
1
4;
Jan
Aug
Jun
1.15 Mar
United Steel Corp., Ltd.—-——
Apr
28'%
7%
35c
Jan
1.70
l%c Mar
Upper Canada Mines Ltd—
62c
Jan
Oil
Dominion
Bridge Co., Ltd
59c
July
12
Jan
Co-__—
*
—*
Foothills Oil & Gas Ltd—-
Huraberstone
Lake
13%
13 %c Mar
Feb
%C
36%
40 %c
1.15 Aug
Jan
6
Apr
Jun
8%c May
Jan
Apr
c
:il% Mar
795
Jan
May
%
25
500
1.30
Jun
5
2.93 Mar
11%
:9%c
1,000
Dalhousie
Kerr-Addison Gold M:nes..
Jan
1.20
—25
Jan
2.70
Apr
Aug
Jun
1.96
2,925
Canada
3
,
20c
5
63%
Jun
1.30
_—
Weston
55C
July
July
11% Mar
Mar
l%c
Fuel Investments 6%
Class B
Jan
10.50
9% Jun
29%
57
87c
1.25
1
Jan
3%
Apr
6% May
Jun
l%c
Mines
Western
3%
27% July
7% Mar
Home
32c
Jan
3%
Apr
1.25
Transit
Walker-Gooderham
3.00 Mar
6.70 Mar
»
Mines————
6c
Aug
1%c
Resources
Rapid
Aug
13c
1.80 Aug
iii
Rock Gold
J an
3
9%c
'
common——.,!—* '
3%
Mar
Hollinger Consolidated Gold Mines.....■.5
Hard
lc
89%
iii
Corp
Wood-Cadillac Mines,
Halcrow
Hallnor
40
ll7/8
9%c
■
Mortgage Co__—_——,—50
Jan
May
8c
49%
'
June
71
31c
a
—
Mines
Elevators
Jan
4c
:
—1
lc
70
30c
Jan
20c
May
3
-50
Goodyear Tire & Rubber pfd—
Gunnar Gold Mines, Ltd
132
8% July
2c
Aug
Apr
30c
(G) Ltd common—4,——*
Teck-Hughes Gold Mines ————1
Texas
6% July
77% May
79'% Jun
2%c Aug
..9c
2c
6%
70%
Tamblyn
Jun
187/b July
Apr
61%
Jan
81c
-1
£td——
Sudbury Contact Mines—^
Sylvanite Gold Mines,
Union
5Vc
2.05
19c
iii"
Mines.-—,
Jan
July
Apr
5% July
Aug
",48c
3
Feb
9%
Jun
3%
Jan
1.35
July
a
Stuart Oil Co preferred—
Sudbury Basin Mines———,,
7%
Jan
2.00
Mar
\
Sturgeon
10
Aug
Aug
95c
9c
a
common—„
Jan
143
Jan
4c
July
65c
a
Jan
2.30
Gatineau, Power
1,876
Vbc
1
1,500
—_—
Jan
5%
16
1.44
Jan
145
July
3,100
—1
Mines——,,
Radio
17%
Mines—_——-*
Farmer
Aircraft,
35
135
15c
—
25%
Candy Shops
1
Ltd.———*
Fleet
1.10
Apr
19%
July
81c
Steep Rock Iron Mines,——
Toronto
Falconbridge
2,000
16 %
80c
Tip Top Tailors common—,——*
Fanny
l%c
1.35
1.35
1
97%
7%
Mines——— II2——1
Gold
5
Jan
24
155
Apr
—1
—
May
3%
Malartic Mines
Eastern
Eldorado
140
39c
Apr
Aug
8c
17%
120
ioo
Ltd
Mar
'11
Feb
Jan
Jun
Jan
1
Mines,
10% May
7%
pfd—20
Jun
10%
Aug
1.00
Woollens & Worsteds
300
95c
1
—
Gold
90
V'v
4%
3.20
75c
8
21
20
2,056.
7
1%c
l%c
a
■!".
7
Dominion Tar & Chemical common—-*
16'%
common
.205
v
5
;v:
*
.——
25
Aug
Jun
39
July
27% May
r;45
common-.—*
Jan
109
.88
.
...'
29
74c
9% Aug
851
preferred —————————100
Mines-——-——'.—
5%
Dome
5%
70
V
110 110'%
110%
46c
'
9%
32%
100
Corp-Seagrams
55c
43c
Aug
3
1.35 Aug
15c
Simpsons Ltd class B—
Aug
Apr
1.400
Jan
38c
1
Mines—
70c
9%
16'%
25
"■
"*
1,600,
100% July
—50c
—
50c
33%
5
-
19
120
140
1
Sheep Creek Gold Mines-
47c
96% May
2,035
19
Corp common..—.——-*
90c
6%
——22— —22-_*!
Bakeries
Consolidated
18c
Aug
Jan
600
4%c
————
Consolidated
50
10,725
18c
16%
—_—1
564
51c
900
3%
1.48
120
100
Anthony Gold Mines
90c
46c
Mines——1
19
*
5%.
4%c
46c
18c
*
!——100
preferred
Preferred
Cochenour- Willans
1
——
68c
1
Chesterville Larder Lake Gold Mines—1
38c
1.35
1.40
—.
50c
68c
38c
3%
——1
Queenston Gold Mines
Royal Bank of Canada—:
Royalite Oil Co Ltd
27%
.Aug
114
1
„„
of America—,———,,1
Dome
117
—1
Porcupine Mines
3c
1,600
10
1.40
1.17
90c
Gold
Quartz Mining—,———,1
Carnation Co preferred——100
Castle
720
35c
145
1.40
1
;
B
Riverside Silk Mills
July
26
21 '/a Mar
3 Vbc
34c
110
35
11
1
C
of
Jan
7
Russell
Canadian
11
Jan
preferred
Power
Rouyn
15 %c
Electrotypers—*
Mines
Mines
Jan
9%
Mar
Rico
&
Gold
Gold
1
90
Apr
22
4% Mar
Mines
Paymaster Consolidated Mines
Feb
Feb
120
r
4%c May
Jan
l'/ac
Porcupine
25'% Mar
85
1,000
lc
Aug
5'%
156
v
i
122
common-—_—*
class
:
120
May
3c
Partenen Malartic Gold Mines,——1
27
49%
3c
Feb
26%:
120
*
Tubes
Jan
6
2
2c
Jan
5
113
—>100
May
102
77%
Cable class A————*
Jun
16c
Jun
6
of
10c
Feb
103'%
111
Canada Wire &
90c
Jan
6%c
Aug
77%
Canadian Bank
Apr
5'Ac
July
6
110
48c
2,000
62,500
32c
111
26%
c
1,200
7c
14c
6c
13 %
15
77%
50
50c
50c
.1
2,825
32'% Aug
74% May
;
50c
-1
Pressed
Preferred
Jan
90
85
63
90c
32c
33
54
July
62c
90
33
4 .,:,.
100
60c
62c
Jan
32c
93
-
Jan
1,550
62c
1.04
*
10
"•
52
-
•
20
■■
Mar
209
1.20 Jan
18c
101% Mar
Apr
4%
—•
Jan
Pamour
93%
Canada Permanent Mortgage™__100
Canada Steamship Lines common-—
*
50c
Feb
—*
Ltd-——.
Aug
46
4%
:
Jan
30c
May
45
Mines Ltd-,.
Feb
23c
85c
43%
Nickel Corp—„—_
Jan
138
41
43%
>
Jun
July
Aug
30
.
87c
.*
Mining Corp
O'Brien
2%c Mar
Apr
11c
98%
93%
__
Malting
V
80c
100
'
Preferred
Canada
80c
11c
11c
——50
—
Cement Ltd common
Canada
80c
100 100%
.
1
_100
^
7
26
34%
Apr
Jan
Ontario
2—
Aug"
Jan
8'%c
July
1.16
Calgary & Edmonton Corp—_
120
9
Jun
Jan
Jan
178
Jun
4'%
Jan
45
May
28
150
11,000
29
l%c
Calmont Oils Ltd
25
295
120
22
•
Co
85
30
9%c
July
Mines
,
5%
25%
9c
„
3 % July
23'%
Apr
25%
120
May
Mines——*
B
158
29%
0
9c
Jan
Gold
Class
33
Aug
140
39 % Apr
1
Jan
Gold
B
362
-1,100
18
Ankerite
class
40%
National Trust Co Ltd—
16
Canadian
Bread
Mar
Jan
11c
Aug
19% Mar
5%
Corp—
4%c
85
Naybob Gold Mines, Ltd—
Negus Mines
Feb
9
60,000
35c
Mines, Ltd——_1
5
Jun
Buffalo
Canada
2
10
110
160 162%
common.
Car
Mar
Buffalo
Burlington Steel
30
85
21%
40
—20
Steel
18
20
18%
Dev
Broulan Porcupine
151/4', 15%
20
British
3c
Apr
6%c Apr
Jun
6c
—
British
27/b
85 >
21
———100
*
Oil^
85
,_*
common—
6c
Brazilian Traction Light & Pwr com--*1
Brewers & Distillers
5
American
2%
—100
ClassA
8%c
Ltd
British
*
—
Light & Power Co
'
Feb
Jan
May
2,380
Jan
32%
Jan
55c
Jan
Corp
4
51c
Aug
Moore
2%
51c
10c
7% Mar
5% Aug
3 %
Preferred
Bralorne
Jan
Mines,,
Gold
_1
i,,
-
2%
3% May
—1
Mines
Graham
—_l
— ...
Bonetal Gold Mines Ltd
1.50 Mar
15
3%
Mines
150'%
Aug
500
Jan
Aug
25
25
Lake
110
4%c Mar
Jan
100
Red
Feb
Jam.
Jum
2.22
12'%
*
Porcupine Mines—,
94c
j,
..
__
1.68
54c
Aug
•
common
Preferred
14%
Aug
*
1.12
Jun
,20
McWatters
Beattie Gold' Mines--
1.00
■
_*
„
McColl Frontenac Oil common
9%c Jan
July
10% Aug
Mines
Preferred
255
11%
Paper class A—,—*
12
Gold
Fields
Jan
5%c Jan
60c
Aug
8,350
Jun
10%
&
99c
35c
1.20
274%
125
Power
3,550
33c
1.15
Aug
15
Bathurst
1.02
34c
Feb
5%C
Metals
1.85
1,20
188
212% Aug
1.95
1
Aug
224
,>.♦ 5
v
ji.
1
Lake
Gold
Maple Leaf Milling common!
Jan
1.47
2%c Aug
55
100
„
Jun
55c
1 '
1
Red
Malartic
Massey-Harris
Mines Ltd—1
Scotia—
%c
Jun
1.06
1.06
1
.
V4C Aug
Ltd
Madsen
16 '%c Mar
2,
Mines,
MacLeod-Cockshutt Gold Mines-;
28% July
7%c
5c
Base
Macassa
Jan
21%
1,500
Toronto—
Barkers
4
30
7%c
Montreal
Nova
75
26
7%C
Consolidated
of
4%
High
25%
Oil—
Mines
4%
Low
.
*
Amm Gold Mines Ltd
Aunor
High
preferred—100
Aldermac Copper Corp
Anglo
Low
Par
■
Abitibi Power &
High
38 %c
Ontario
Fend
Shoe
Silknit
*
Co
Jan
Walkerville
24c
24
65c
85c
Mar
69o
100
8
8
90
3
Jun
11
70
9
May
85c
Aug
9%
11
1.75
Jan
Mar
Jan
Jan
Aug
Jan
1
92c
92c
92c
900
1
Temiskaming Mining Co
Jan
July
3%c
3 %c
3%c
1,000
2 %C Aug
3%c May
1.10
1.10
100
1.05 Mar
1.10 Aug
Jan
8c
69c
15c
20% Aug
11
——
Oreille,Mines & Metals.
10%
69c
*
scrip
4.15
18c
20%
Brewery
!
*
THE COMMERCIAL & FINANCIAL CHRONICLE
76
Monday, August 31, 1942
rl
»
•
OVER-THE-COUNTER MARKETS
Quotations for Friday Aug. 28
Insurance
Par
Companies
New York
Bid
6.23
;
Automobile
Par
Casual & Surety—
Aetna
Aetna
;
-(
__
Life
Aetna
Bid
Ask
122 %
126%
46'/a
10
10
48%
26%
10
——
Par
Bid
27%
30%
Knickerbocker
5
Bank
2%
Insurance
62
65
19%
—.-25
Agricultural
"American Alliance.
21%
10
Casualty!—
—5
15%
2%
12%
American
Re-Insurance...—10
41%
Reserve.
8%
•9%
Equitable
;i7%'
Merch
f i
i.»
American of Newark..
i
.
12%
';'
Mfrs
&
Fire
40%
4
8.36
7%
6.75
7.43
.10
52
>
No
54
Amer Bond Trust
,
Surety..
American
Baltimore American
Bankers &
49%
25
Liberty!—.
51%
6%
100
National
7%
68%
.25
:
±1
.2
507
Union
City of
Fire
7%
ctfs__.
shares
Series
1
Casualty
147
20%
2
152
26%
1.85
—1
1.49
12%
14%
New
York
13%
15
25%
27%
21
22%
—-.10
Fire..
__5
...
10c
Scudder; Stevens & Clark
10
Continental Casualty
Federal
5
32%
10
-
Fire Assn of Phila
Fund,
North
34%
34%
10
2.50
——.—
Northeastern
36 V'2
53
River
5
—
Northern
3%
12.50
——__...
U"'
■
Fd
Firemen's
of
of
Franklin
San
Fr
..25
Newark...
9%
10%
5
23%
41%
13%
14%
Indemnity Co.-..'_ 10
36%
.10
—
1.
Preferred Accident.:
Corp
5
Marine
&
,
10
Falls Fire
Globe
&
5
Republic
38
5
:
American
'
'
Bond Fund
Series
,
22%
>.
Revere
.
Corp
(NY)
%
.
5.31
Hartford.Steamboiler Imspect.-IQ
T. 43%
5%
20%
Fire
10
18%
.
Paul Fire & Marine.—.62%
Surety
256
10
'
Par
Bank
of
6%'
Manhattan
Co..
10%
"•
—1
A Blair
&
A
7.35
(
-.5
—
27
Boston
First
Co
...1
—'
10%
U
43%
National—!—
Ask
15
'
National
26%
150
100
City--..———...12% '
62%
10
34%
36%
114%
New York Trust
Aeronautical Securities
...
53%,
•
■
•
Guaranty Co..2
4
—>
398
i
27
28'4 :
43^/8.. ; 4
Brooklyn
.
Bid
par
Ask
!—.—_!100
271
i-^L.i^.-^L-lO
—11——___100
Bankers
.408
38%
60
j.
i•>
Central Hanover—..
281
10
!
Westchester Fire..
2.50
72%
28%
75 %
'
78%
v^
37%
33%
1
10%
12%
32%
30
.'.
—
10
Corp.—.10
1.97
12"%
American Business Shares—1
common.—..20
Preferred
Morgan
Investing.lOq^ ,.9.62
Agricultural
2.54
10.55
Aviation
-
Bid
Exchange Bank & Triist.20
Capital Ind—
f,
;
1
—
1
4.27
3.92
6.30
4.15
1
9.39
10.10
Investing-^-
A6%
1
—
preferred
2%
3%
4
__5
4%;
Industry
Boston
Fund
Shares.—
10
3.78
Inc
5
;
11.82
4.41
4.05
5
18.14
2.59
2.65
10.36
68
2.30
*
22.55
24.24
Chemical
1
7.99
8.65
2%
.<
3
1030
1070
'
7
100.1
15, 1942
tl%%
July 15, 1943
tl%
l"'
Apr
—Dec
1,1942
1, 1943
0.65
0.50
..
0.75
0.75
100.23
100.22
100.26
3, 1944—
Call Jan. 3, 1943 at 100%—
100.24
100.28
100.1
100.27
16, 1942 at 100 %_
100.10
99.31
0.65
1, 1943
100.3
100.8'
15, 1944
0.60
1, 1943
„——
Ask
Corp—
...—Oct
Feb
8
Housing Authority—
i——_..Mar
w
1%%
.Feb
notes
100.24
1,1944
2s
Other
Mtge Assn—
;(
100.27
.i,...
ri
Issues
May 16, 1943
—
Call Nov.
U S Conversion 3s—.
l%s Jan.
U S Conversion
3s—.
Panama Canal 3s
1946
.—
1947
—1961
107%
103%
109%
110%
127
"
129
3.93
3.04
•,'j
U
3.36
.
shares
„
2.90
Century Shares Trust
12
100
—
Fund
Bullock
Ltd
Utility
shares...
2.07
A Huron
Canadian
Inv
Fund
Ltd—
Fundi
Holding Corp
Income
Foundation
Common
1—1
Fund
.1—
5c
2.29
15c
Quotations For Recent Bond Issues
Inc
__10c
1.13
Bid
Cent 111 Pub Serv 3%s,
Christiana
Securities
com—.100
Preferred
!
100
1725
1825
136
141
Commonwealth Invest
1
3.13
1
27%
29%
5
12.92
•
1.67
Macy
Investment
Trust
1.91
Corporate Trust Shares
Series AA
1
1.65
1
Series
AA
1.65
1
mod—
\Series ACC mod
1.99
—Jl
A8%
Crum
&
A7%
common—10
preferred
Forster
ACommon
B
Bank
Group share's..
Insurance
Investment
Co
of
10
100
Cumulative Trust Shares
•
Keystone
22
24
...l
Custodian
24%
i
15.46
29.13
B-2.
22.14
'24.27
B-3
14.61
16.07
7.21
7.94
Dec
B-4——
K-l___
11.53
10.09
9.90
Stock
I_
16.11
9,57
Equitable Invest Corp
(Mass)
Equity Corp $3 conv pfd
Fidelity Fund
Inc
Financial Industrial
Fund,
Mutual Trust Fund
Fund
Fixed
20.60
22.15
15%
16%
•
13.05
14.04
1.26
1.39
5
stock
io<j
series..._10c
Trust Shares A
Foundation Trust
Fundamental
1
4.59
Shares
Invest Inc
Fundamental Trust Shares
General Capital
CorpII
General Investors Trust
1.41
1.68
2.31
2.68
1%%
% %
l.Ve %
14.24
.
3.15
15.61
Bid
4.19
25.95
3.74
4.03
Ask
1971
101%1031%
104%'
105
1946—
1
%
99.2
100.4
{Dec
1946—
V/2%
100.5
100.1
,
100.19
1943.
1
100.20
100.22
1%%
100.28
100.30
1
%
100.24
100.26 '
% %
100.12
100.14
101
101.4
6.81
mc
3.25
15.34
16.49
15,
1944-.—
{Dec
15,
1945.—
%%
% %
99.15
99.17
99
99.2
Indebtedness—
b0.38
0.36
b0.54
1, 194?
1^41...
0.52
b0.77
O.75
3.85
1
99.4
100.7 "
Notes—
Certificates'of
{%s Nov
Ask
100.IT
2.50
Maryland Fund Inc..
1944.
1944.
Defense
{Sep
29.20
Manhattan Bond Fund Inc—
Common
10c
15,
15,
Nat.
100.21
1943.
1944.
15,
point
tMarlS,
15,
Sep
a
100.15
15,
71.90
32ds of
100.13
Dec
70.46
more
,,
Sep
%
or
Maturity—
Int. Rate
Bid
1945——.
%%
100.15
Mar 15,
Mar 15,
28.62
Mass Investors
Mass Investors
Mutual
Invest
Trust
2d
Fund
Fund
Inc__
1
7.39
7.30
2.53
%
(Colo) series B shares
(Md) voting shares
91c
1.01
Rates
Treasury bills—
Sept. 2, 1942
series.:
Income
4.42
;
5.77
Preferred stock seriesNew England
Fund—
5.30
5.26
1
...—v..
1
i
nid
14, 1942.
0.25%
21,
1942
b0.375
0.25%
Oct.
28,
0.25%
Nov.
4,
1942
b0.375
0.25%
Nov.
12,
1942
1942
bO.375
0.25%'
Nov,
18,
1942....
1942—.
b0.375
0.32%
Nov.
-—b0.375
b0.375
1942
b0.375
1942._
17,
1942
30,
7,
fwr discount at-purchase
are
^
25,
1942
-
b0.375
Ask
0.32%
0.32%
0.32%
b0.375
...
0.33%
b0.375
0.33%
b0.375
0.35% ■
b0.375
—
0.35%
3.79
4.80
1943
Ask
b0.375
1942—
16,
Oct.
6.3 6
3.42
series—
1,
Oct.
Sept.
4.78
quoted
Oct.
Sept.
National Investors Corp_
National Security Series—
1,
United States Treasury Bills
Bid
25c
t%s:Feb.
{%s Aug
"7.98
•
1
7.95
10
Low priced bond series-
24.13
100%
102%
1-
—
100.3
7.97
*
Bond
3.44
Public'Serv 5s 1957—
1972
100.1
2.68
Sept.
3.17
~IT~*
Hi
%
1943.
15,
Sept. 9,
2.70
A..2
2
1943.
Jun
6.77
1
IH2
Int. Rate
Nation-Wide Securities—-
io
A**~
X.i
2.41
—10
Sayles Sec Fund
5.13
Inc—
Bank stock series
Insurance
5
Inc.
First
Fiscal
Loomis Sayles Mut Fund
Loomis
9.01
3%s
1
1942.
Jun
1.00
15.16
15,
{Mar 15,
'
-I
4.65
i
Wisconsin Pwr & Lgt 3%s,
7.24
S-3
S-4
91c
__i
Fund
Maturity—
15, 1942.
10.88
S-2—
in
•
11.13
'
Virginia
102%
Figured-after decimal point represent one
12.66
K-2—
.
108 '
<
-7cr*"**S
Sep
4.10
J—25c
&
107%
101%
1972—
Ask
104%
:>T8
26.57
Series
.
104%
Quotations For U. S< Treasury Notes
Funds—
B-l
Series
2.65
Howard—
Balance Fund
8.47
Series
14.30
3%S, 1956————
1.08
8.27
Scries
3.40
Bid
Southern Natural Gas Pipe Line■
17.68
Series
110
98%
76c
16.27
Series
117%
Diversified Trustee Shares—
—
11.87
Series
Series
Delaware Fund
Eaton
98c
America—.10
1.99
10.83
69c
Group shares
Investors Fund C—
Insurance—
shares
Dividend Shares...
3%s,
1972——
Ltd—
shares.—L
Series
100
preferred
Securities
Aviation Group
1
:
Electric
3%s
„Vi V-'
'
•
ACrum & Forster
Institutional
Ask
102%
97%
1971
2%s 1952—
Public Service of Indiana
•V
1.76
1
——
Accumulative series—J
(R H)
Penn
13.89
3.40
Consol
Incorporated Investors.—
Independence1 Trust Shares
102 %
1.24
5.84
9.38
10.12
♦No
.3
Cash
bonds
par
value,
sale—not
are
a
Odd
included
in
lot
sales,
range
for
subject to all Federal taxes.
b Yield. price,
year,
d Deferred delivery,
y Ex-rights,
x Ex-dividend,
A Quotations
...
r Canadian
tin default.
not furnished by sponsor or issuer.
>
70%;-:
11.36
1
172
-
2.93
3.56
100.1
99.31
15,1945
Banks—
2s ————.Apr
2.86
Equipment shares.:
Steel shares..
19.61
1
53%
162
Bid
0.45
Federal Natl
4.47
shares..
shares
Tobacco
Broad Street Invest Co Inc
1
4.86
Petroleum
12.71
States.
*%%
0.60
t%s
4.17-
RR
51%
100
■
6.72
Mining shares——..
2.65
33%--
...25
& Co—
Reconstruction Finance
100.6
1,1942
t%s—;—
6.15
Railroad
Basic
United
,
.-T_Sep
t%s
3.59
5.59
shares..
.Merchandise shares.;
(
A Common
6.11
3.25
bond
Loan
Home
f%s
5.24
General
Axe-Houghton Fund Inc..:
-Feb
Federal
4.57
4.76
shares.—:.,
Electrical Equipment—>
Food shares...
•
32%•
Ask
100.4
1, 1943
..May
tl%%
4.71
3.55
5.72
shares
shares—ii—
Chemical
4%
4
•
244
239
Bid
% %
Building shares—..
Stand Oil Shares.——2
.»
26%
42% ■•'45%'
50
-—100
—
Ask
%
shares....
Automobile
•y
20
—
(J P)
New York.
Commodity Credit Corp—
Group Securities—
14%
2.32
11 Va
1145
,
23%
Obligations Of Governmental Agencies
Par
6.41
1.80
:
10%
1095
25
...
Ask
■'
Corn
*
—10
County-——.—,—.—100
t" t"!
t
33%
76
——20
Bank & Trust—
*
—
Kings
Lawyers"
Manufacturers
Contmental Bank & Trust—.10
•
Irving
v
•
1
S Guarantee..—
Ask
5.90
1%
26%
29%
Bid.
;Par
;■
.
40%
56
*"5
Chemical
U
64
Bid
1
Affiliated Fund Inc
25
27%
17%
I
Companies
118%
51%
Investing Companies
Par
1170
158
Title Guarantee & Trust
>l,
'. Ask
•
1140
45%
Guaranty
Nat
10%
Bid
Par
First National of N Y——100
16%
25V8
.13.55
Empire
Bankers
48c
9
;
20%
25
100
S Fidelity &
U S Fire
12%
Insur Co of North America.. .10
Assoc
13.63.
33c
.10
Corp—_r
Public National.
28%
.10
—-.i
Fire—
P.id
10
Commercial National—
Bank of New York
Aviation
12.35
264
.10
Travelers
Holding
l.oo
Investment Banking
Corporations
■
21%
<
Security New Haven—
.46%
Foreign
5.81
C__
U S El Lt & Pwr Shares A.
74.59
2,98
86%
AAmerex
16.53
New York Bank Stocks
Chase
—2
—.10
—
(Texas)
(Paul)
Seaboard
24%
83%
American
68c
«
2.82
6.73
80%
'
26%
10
—
i
'
15.12
5.00
73.11
—1
60c
series B_
11,47
-
2.50
••
33c
*
9%
24%
.10
;
Eire
.
Union
35c'
—.2%
Shares
14%
Springfield Fire & Marine—
Homestead
•
1
•
38%
30%
Standard Accident.—.
Home
.25c
—
■'
12%
Reinsurance
40
8%
5
—
Hartford
<
28%
..
Hanover'
B_
92%
5
St
Great
Selected Income
Providence-Washington ......10
Republic
Glens
77%
4.03
4.13
'
General Reinsurance
Gibraltar Fire
.
——
'
Phoenix
A_I____
83 %
i>:''
88%
!
25%
39%
.25
Pacific
95%
5
Fire...—:.
f
92%
Fire..*—Z
Inc
Selected Amer Shares
4 ?
\ 79%
55
Pacific
Fireman's
'■'»*+,
'
4.25
E_1
1.55
Oil Shares—
,i»
10.72
Quarterly Inc Shares—.
Republic Invest Fund
"
—
1.65
...
Wellington Fund—
41%
61.40
1.77
Trusteed Amer Bank Shs—
Class
Fund
1
Trusteed Industry Shares.._ .25c
28%
39%
A Series
1.55
—1
Putnam> (Geo)
—-10
Hampshire Fire——10
_
56.72
ASeries B—
1.89
30c
New
18%
Connecticut General Life
3.62
21%
: r' E
11c
9c
«
5.24
"III
:
D_—
Trustee Stand
38%
•
~50c
Corp..
C—
A Series
'
1955——
Series 1958
20
.5
New York
6%
20
Fire
New Amsterdam
71%
527
New Brunswick
Camden
Trust
1953—...
Series 1956
2%
,
Shippers
Boston
Amer
ASerles
4.73
4.75
—.
.
Series
National
3.27
4.29
...
Railroad equipment
Steel
National Fire„
Investment
6.30
North
.10
St
Super Corp of Amer AA
6.66
5.72
...
5.36
11.78
*
9.19
6.05
...
:
Railroad
13%
Ask
4.81
11.08
Trustee Stand Invest Shs—
Oils
>44%
6%
stock..
Fund
Standard Utilities Inc
6.15
Metals
1''
*
State
7.46
5.58
equipment
Machinery
'62%
'
.5
Y
N
*
59%
' •'.
1
Merchant Fire Assur——
43%
American
American
r
'
1%
.1
Massachusetts Bonding—
.
4.80
6.78
Electrical
Maryland
7.22
4.35
Chemical
9.10
6.56
Building supply
28%
Bid
1
Spencer Trask
4,37
8.27
...
stock
8%
7%
Par
Sovereign Investors
6.86
3.96
Aviation
Ask
20
Jersey Insurance of N Y
Ask
Stocks Inc—
Agriculture
market.
{These
THE COMMERCIAL & FINANCIAL CHRONICLE
[Volume 156 ; Number 4103
Tf
income
Gross
Net
profit
Period End.
$143,609
Note—The
including
net profit
depletion,
1942—6 Mos.—1941
29,869
of the
cost
taxes.—V.
revenues.™
33", 133,000
expenses
25,400,853
Trust
156,
revenue
The
the
registration
Interest
of
Trust
Securities
and
of
Boston,
The
Trust
the
and
is
of
one
depositary
the
oldest
transfer
and
directors
of
company
V.
James
of
and
Period End.
Operating
Operating
*
radio station
271,986
219,741
67,070
37,540
42,871
-
,
43,412
taxes
49,000
"Columbia
at
Building
Edison
Co.
626,483
studio
will
will
the
in
studios
its
maintain
to
continue
future
and
continue
England,
as
Int.
473,250
37,520
34,931
$888,129
(net)——
256
Dr225
10,587
17,697
$79,914
$57,888
$889,209
key
acquisition
and
of
developments
station
the
Columbia.; of
by
improvements
and
output
system
of
J
facilities
the
of
Co.,
;
—
applicable
13,320
$37,799
provisions
the amounts
$540,335
directors
no
par
$1.37ya
of
year.—V. 156, p. 600.
share-on
record
the
Sept.
ceding quarters.—V.
a
dividend
and
stock,
common
per
holders
declared
have
of
regular
the
share
Federal
taxes of $5,096 for the current
12 months ended July 31, 1942, additional
quarterly
156, p.
Period End. June 30—
earnings
dividend
Statement
Income
12
Months
Ended
and pref.
$1,452,160 $10,387,678
1,159,051
7,962,778
div.
dividend
stock
-V.
class
186,666
185,180
1,114,371
155,
i
Ended
Operating
$106,443
;
$1,310,529
Power
Net
and
repairs
-
$2,376,583
$2,269,730
$2,030,752
£>r38,645
11,180
$2,Q98,644
$2,041,932
——1— i—_
of debt
interest
Other
of
prelim,
203,223
3,844
4,803
Cr2,764
Cr2,972
40,520
63,044
20,074
construction—.—
of projects abandoned
costs
income
Miscellaneous
842,500
186,507
21,774
—_——_
charged to
Interest
Amort,
842,500
_
discount and expense
deductions—
income
for Federal
Note—Provisions
$909,559
$1,007,963
———
__
income and excess profits taxes by the
for the six months' period ended June 30, 1942, have been*
made in accordance with the Revenue Act of 1941.
If the pending
1942 tax bill is enacted in the form in which it was passed recently
by the House of Representatives, the provisions required by the com¬
pany for Federal income and excess profits taxes for the six months
ended June 30, 1942,
would be increased by approximately $154,500
and net income for the six months' and 12 months' periods ended
company
June
1942, would
30,
be reduced by $154,500 in each
period.—V. 156,
690.
Northern Power Corp.,
Oct.
Aug. 25 declared
record Sept.
Both
19.
the
of
holders of record Sept,
to
26
.
..
,
dividends are subject to the approval of the
Control Board.—V. 156, p. 249.
directors
The
have
declared a participating dividend of five cents
share in addition to the
on
the first preferred
share
Canadian National Lines in
I
1942
July-
Net from
1939
$131,915
$126,904
$127,184
♦6.295
*22,918
*42,614
2,901
*67,808
*82,480
*96,809
*45,175
1,412,500
1,052.685
104,236
*335,014
*42,924
*88,138
*437,800
*398,909
Net
from
from
Net ry.
railway
97,863
railway
oper.
income.—
•450,421
970,385
of
475,891
520,66*
$8,678,550
$8,902,858
period
U
Total
—V.
154,
1592.
p.
.
.
It
\
Maine Power Co;—Earnings^
1942—Month—1941
Period End. July 31—
1942—12 Mos.—1941:1
$769,312
$739,921
$9,253,663
$8,346,13jli
Operation
193,242
170,445
2,284,921
1,609,090
:
12,543
19,476
179,561
123,520
Maintenance
40,534
57,050
509,433
505,702
Prov.
for
77,888
53,915
906,577
752,221
State
&
69,790
63,638
830,843
772,914
4,972
5,163
58,464
50,982
revenues
depreciation
taxes—
munic.
Federal &
secur.,
.
taxes
State
tax
income
i
16,964
13,831
243,369
158,127
85,869
60,412
917,080
352,554
$267,510
$295,991
$3,323,415
$4,021,015
14,408
3,217
63,986
36,488
$281,918
$299,208
$3,387,401
$4,057,503
113,038
110,260
1,344,140
1,605
Cr4,545
Cr9,868
1,333,650
Crl4,83,6
14,360
14,823
166,815
178,928
$152,915
$178,670
$1,886,314
$2,152,409
112,265
112,265
1,347,181
1,338,849
tax
Net
operating income
income-
Non-operating
income
Gross
interest
Bond
—
interest
Other
(net)
E.w
&
Net
Pref.
income
div.'requirements-
year 1942 has been computed
normal and surtaxes.—V. 156. p. 337, 600.
.
&
Social
Reserves
.
—;
Capital .surplus
surplus
Total
—V.
155,
104,805
24,636
25,108
325,848
303,285
taxes_:
13,737
13,773
169,584
180,069:
Federal &
4,861
63,482
56,04»
7,192
138,346
139,369)
•
;
-
185
—n
'
'l
$39,553
$491,413
$651,83$
20,417
20,417
245,000
245,0001
income
1,336
1,314
16:842
14,720,
1,994
35,246,
26,784;
$13,525
$15,828
18,928
18,928
.
_
—
requirements
estimated
"
6,005
(net)—_
interest
deductions
for
provision
Federal
income
and
$365,328'
$194,325■,
227,136:
227,136
tax
for
the
computed at a 40%
the year 1942 have been
surtaxes.
The estimates for
applicable to
normal
4,616'
$41,283
Other
div.
Drl,979
1,215
"
income
"The
$647,216)
$493,392
$38,338
$41,098
income
income—
interest
Net
19,189/
17,422
4,093
8,000
j• •
Pref.
1,815
1,350
—
—;—
tax__l
Income
periods
rate for
1942 are without adjustments
possible deductions for the amortization of defense or war facilities
of financing expenses which will arise through the pro¬
for
deductions
or
merger.—V. 156, p. 338.
posed
-
•
26,055
1,173,015
560,431
Chamberlain Metal Weather Strip Co.—10-Cent Div.—
,
$19,474,961
-
•
of 10 cents per share on the
11 to holders of record Sept.. 2.
Thijs,
15 cents paid on June 19, last, and 10 cents on!
March 31, 1942.
Payments during 1941 were as follows: March 18 and;
June 13, 15 cents each; Sept, 26, 10 cents, and Dec. 19, 20 cents.—,
V. 155,.p. 2274.
V
•
'
'
■,
•'
'
directors have declared a dividend
The
.
payable Sept.
stock,
common
with
compares
2180.
p.
113,477
Other
227,095
10,581
119,500
273,478
___——
———
——
9,141
operating
»
Bond
___
107,667
—4,192,088
——
_
583,041
13,036
.
—
tax
Gross
265,000
——
———_——
.
582,571'
877,830
taxes
:
.'—571,985
11,377
extensions—————
Contributions for
Earned
Net
7,665,000
64,367
to July 1, 1943—.,—__
liabilities—______
_________—
$2,615,59*
602,293
71,921
Non-operating
•
funded debt—89,887
current
$2,801,674
50,051
secur.,
♦Federal
(covered by special deposit)
payable
$222,200
—
„_—
munic.
State
:
1942—12 Mos.—1941
depreciation-
Prov.£ for
State
$3,279,500
721,419
116,517
——
State, local and Federal taxes.;
Dividends
i
81,570
revenues
Maintenance
$19,474,961
payable
on
'
51,323
Purchased power
—
——,__f_
Notes and debentures payable prior
interest
*•'
1942—Month—1941
Operation
;
debt
Miscellaneous deferred credits.
Accrued
the periods
40% rate for
a
$238,843
Operating
36,507
363,198
867,964
11,377
365,680
514,958
____■
tax notes_i
Unamortized bond premium
Accounts
at
the
Period End. July 31—
''
deposits
to
107,675
___—
.
preferred (par $50)
_—
Common (par $1)
—:
————
Minority interest in common stock and surplus of subs. co._
Preferred stock or subsidiary company consolidated—
Long-term
—
Note—The estimated provision for Federal income tax for
applicable
*'
•
407,352
——
Other -<V*uctions
,
Central Illinois Public Service Co.- -Earnings—
revenues
$8,244,632
1,427,569
$3, 727,185
1, 290,215
2,886,855
$7,646,545
2,735,354
221,491
247,234
434,254
420,664
$4,029,020
—
——_
—
592,162
569,298
1,183,687
1,138,597
1,678
Depreciation
1,981
3,419
3,472
franchises—~
of
Amort,
(pther than Fed.
Taxes,
and
inc.
prof.
excess
-
taxes:,
♦Fed.
391,340
366,861
802,730
362,655
55,556
771,147
excess
in
109,022
excess
Chesebrough Mfg. Co. Consolidated—Extra
lieu of inc.
profits taxes; :
operating
201,764
Chicago Burlington &
.151,905
307,839
324,789
$888,200
$1,635,986
$1,821,375
The
jDrl28
Dr603
Dr474
Drl,417
_—
$771,068
$887,597
$1,635,512
$1,819,958
deducts.
453,674
498,660
910,126
1,003,705
$388,937
$725,386
$816,253
(net).—
other
&
$317,395
income
Net
stock div.
Pref.
ment
at
♦Federal
$6 per
to reduce by $5,054,000
of trust certificates sold in
obtain equipment.
asked on lVa% equipment trust
issue
an
the unexpended por¬
which the
1941, for
cannot
certificates, issued in
and 1944, and $842,000
be: for the series due
Aug.' 1, 1943, 100.913% of par; 1944, 101.329%; 1945, 101.145%; 1946,
100.761%; 1947, at par, and 1948 maturities at 99.825%.—V. 156,,
Tenders
are
amount of $834,000 due in 1943
to 1948, inclusive.
Prices will
the
in
1945
in
due
425.
p.
share
$427,078
and
income
excess
profits
$427,078
taxes in
$854,157
the
;l
/
provided on
the
basis of
a
40%
$85,000 and $160,000 for
months' 1942 periods.—V. 156, p. 511.
approximately
the
respective three and six
Midland Ry.—Earnings—
& Illinois
Chicago
$854,157
1942 periods have
rate for income taxes, and a
schedule of rates ranging from 50% to 75%, in the various brackets,
for excess profits tax.
Should the Revenue Bill of 1942 as passed by
the House of Representatives on July 20, 1942, be finally adopted, the
provisions for Federal income and excess profits taxes, and charges in
lieu thereof as shown above, would be increased in the aggregate by
been
Quincy RR.—To Retire Part of
require¬
annum
per
proposes
company
of
railroad
1941,
Int.
regular quarterly dividend
Equipment Trust Issue—
645,947
$771,196
income
income
Gross
the
to
addition
tion
Net
Dividend
of 25 cents per share
of $1 per share on the
common
stock, both payable Sept. 28 to holders of record Sept. 4.
In each quarter from March 27,
1939 to and incl. June 29, 1942, a
regular of $1 and an extra of 50 cents were paid.—V. 155, p. 2092.
directors have declared an extra dividend
The
in
116,575
profits tax
income
Charges
,
764,562
taxes_
•
♦Federal
&
.
1942—6 Mos.—1941
1942—3 Mos.- -1941
Period End. June 30—
V
from
Net
ry.
oper.
1940
$508,971
$386,973
$306,882
251,422
125,062
88,668
71,451
101,243
94,638
66,210
2,832,378
1,154,196
670,029
2,525,444
2,027,959
823.342
549,137
633,206
419,346
income—
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V.
1939
$511,730
211.960
railway-
railway
from
Net
1941
1942
July—
Gross
767,535
* Deficit.'—V. 156, p. 511
Canadian Pacific Ry.- -Earnings-
j
(58,563 shares)
end
at
3,512,521
railway
1,357.461
railway
469,451
income.—
156, p. 425.
oper.
From Jan. 1—
Gross
; I
1940
$158,800
Net ry. oper. income—
•
1941
railway
railway—
from
Gross
New England—Earnings—
ft
3,317^663
income—______
$17,207,602
—
,
Ltd.—Participating Dividends—
usual quarterly dividend of 25 cents per
stock, and a participating dividend of
five cents per share and the regular quarterly dividend of 15 cents per
share on the second preferred stock, all payable Oct. 1 to holders of
record Sept. 15.
The usual quarterly dividend of 12 % cents per share
pn the common stock was also declared, payable on the same dates.
Like amounts were paid on Jan.: 2, April 1 and July 1, last, and In
each quarter during 1941.—V. 156, p. 2092.
per
54,714
3,050,000
_____
Central Vermont Public Service Corp.-—Earnings—
f
Other income
Canadian Canners,
55,705
payable-
234,252
■
current
Foreign Exchange
income
on
5,775,300,
1942
___!
advances
Maintenance
the no par common
able
June 30,
Sheet,
*
.___
Operation
Ltd.—Dividends—
a dividend of 15 cents per share
stock for the quarter ended Sept. 30, 1942, pay¬
19. A like amount was paid
on Jan. 26,
April 25 and July 25, -last. Disbursements during 1941 on
the common stock were as follows: Jan. 25, April 25 and July 25, 25
cents each, and Oct. 25, 15 cents.
The directors also declared the usual quarterly dividend of 1%%
on
the 7%
cumulative preferred stock, payable Oct. 15 to holders of
directors on
The
on
Balance
i
Capital Stock—
6% ; cumulative
Operating
Canada
34,867
72,142
__..-T™.—————
Miscellaneous
Net
$7,19bl
5,401
234,252
$369,076
—
—
$2,137,289
$4,326
5,775,300
4,735
Liabilities—
.
238,978
!
-
__
Deficit
196,770
deposit for payment of dividends..:
notes and warrants receivable—
and supplies
on
Total
67,002
239,294
■
—_
note
rental
Federal
335,996
'
$8,902,85a
Capital stock assessments——__
699,944
731,528
377,000
106,498
—
profits tax—
funded debt—.
on
——
A
U. S. Treasury
Cash and
Customers'
Amortization
*
Prepaid accounts and deferred charges
1,294,306
7,270
76,88pj
$8,678,550
199
15,900
—
Materials
!, Net operating income——
(Other income (net)—;
Interest
consol.
Accounts,
7,270
revenues.
U Gross income
—
and
Special deposits
495,000
—
o?t electric plants,-:—l-in.—i
lease
for
Rent
premium and expense—.
-
r
Investments
'
-<
29,457
9,836
16,086
dividend—
'
260,572
518,000
——
excess
'
'Utility plant
1941
285,900
—
Consolidated
AtSscts
Cash
(other than income taxes)
Provision for Federal income taxes
operating
116,279
—
stock dividend
240,276
Taxes
Net
taxes
Deferred
$701,532
stock
$5,409,525
Appropriation for retirement reserve—_jt——
Amortization of limited-term investment
Provision for Federal
—_
—„L—
applic. to common stock of subs, held by public.
income
—--$5,653,109
1,275,657
—
;
,
Maintenance
taxes..—
stock dividend of subsidiary company
$1,146,924
1942
revenues
Operation
448,662
interest, etc.__,
Net income
Co.—Earnings—
30—
June
income
State
funded debt
on
Preferred
$8,986,396
6,717,477
1,121,995
*■
California Oregon
Year
:
earnings
Common
$154,680
"68,205
8,574,13$!
.
,
mortgage bonds
Federal
1942
—
Amortization of bond discount,
A
—
76,204
97,685
»
;
Accel, of amort, of D_ D.
2273.
p.
45,213
8,287,949
$4,315,192
profits taxes
General
1942—6 Mos.—1941
1942—Month—1941
'
insurance policies,
payable
deed
First
1,880,259
Preferred
for
30,
316,643
♦Excess
Net
1,351,143
Int.
June
'-Federal and
of
511.
$1,691,003
Expenses
Balance
337.
16.
British Columbia Power Corp.—Earnings—
Bond
Trust
500,912
350,906
Interest
Gross
p.
State, local and miscellaneous Federal taxes—:..,
preferred .stock, both payable Sept. 30 to
Like amounts were disbursed in pre¬
of life
interest
Accrued
1941
$133,624(
50,009,
$124,282
47,218
»
Federal
earnings
gross
Provision for depreciation
on
per
J.
;
Operating
Operation
cents
25
$560,569
required under the Revenue Act of 1941.—V. 156,
Consolidated
Total
value
$58,55
1942
,
banks—1__
charges
Accounts
Central Electric & Telephone Co. (& Subs.)—Earnings
.
$106,347
_____^
Liabilities—
Social
was
$64,234
Sheet, June 80
(depreciated value)
Total
108,054
the
to
1942,
14,346
Savings Bonds and Treasury tax notes
surrender
$668,623
108,054
.
Maintenance
the
S.
Cash
95,133
161,148
Purchased power
for
and $96,594 for the
month
Bridgeport Brass Co.—25-Cent Common Dividend—
The
227,500
9,703
$648,389
stocks......
preferred
to
_
"■Includes
r,
22,
$60,019
227,500
18,958
1,131
Balance
.
every
to
reported
as
Aug.
ended
the
937
income
Dividends
field."-
radio
.
week
the
for
in
:.
Edison
Boston
the
Institute
Electric
the corresponding week last
over
U.
86,593
39,183
165,709
j
„
receivable
"
—
.
hand and in
on
Accounts
$905,826
18,958
66,996
55,705
152,039
—
" -v
Assets^-
Cash
Central
Net
which
are
contemplated.
in Columbia's operations in
29,869,000 kwh., as compared with 26,383,000 kwh. for the week ended
Aug. 23, 1941, an increase of 13.2%.
•;•>?:/ .
For the preceding week output was 30,049,000 kwh., a gain of 13.7%
p.
456,250
$878,622
bonds.—
127,336
_i
Balance
■
2,909
mtge.
on
1940
$456,517
-
,,
$58,113
revs.
other interest
enlargements
the
Output Up 13.2%—
Net
Edison
;
482,029
income—•_
Gross
Edison
gives assurance that New England will continue to enjoy
advantage
>
505,828
425,479
$79,658
oper.
Other income
182 Tremont St., Boston, Mass., will immediately expand
and
office
facilities, and may take additional space for
Imodernizations
station
Income
Deferred
—2,998
investments
1941
129,524
income—
on
cents
2,390,510
2,893,725
.
37,750
!
limited-term
of
Net
.
New
Net
It
$527,356
:
taxes
-Federal
'
re-
appropriations..
serve
follows,, in part:
has
concluded
an
announcement
Boston
"WEEI'
50
1942—12 Mos.—1941
$5,335,079
$4,757,677
1942—Month—1941
$513,583
$399,465
expenses..—
Federal taxes
Amort,
agreement, effective
Aug. 31, 1942, for the sale of radio station 'WEEI' to Columbia Broad¬
casting System, Inc., which has operated the station as licensee under
lease since 1936.
v
its
of
per;
share,
per
1942
Interest
$5,
$31.50
to
$27
$467,746
!
Stated capital
Toner's
"The
:
dividend
interim
an
par
Inc.
Mr.
,
July 31—
revenues..—.
Property retirement
18
Aug.
on
stock,
—
announced the sale by this
"WEEI" to the Columbia Broadcasting Sys¬
Toner
declared
25
common
Central Arizona Light & Power Co.—Earnings—
Boston Edison Co.—Radio Station WEEI Sold—
President
Aug.
on
to
128,771
Federal
the
on
amounted
15
amounted
Corp.—Earnings-
income
Fixed assets
Other
tem,
$7,842,000
—
payable Sept. 11 to holders
of record Sept. 4.
Similar interim dividends of 50 cents each were
paid on Sept. 20 and Dec. 19, 1941, and on Mar. 11, 1942, which was
followed by a final distribution of $1 pet'share on June 11, 1942.—
V. 155, p. 2092.
'
the State Street Trust Co,
agent
Lybrand, Ross Bros. & Montgomery are the auditors,
Herrick, Smith, Donald & Farley the attorneys.
The scheduled offering date is Sept. 10, 1942.—V. 155, p. 1211.
May
they
Expense
portfolio
bond
Boston.
i
1941
$5,832,000
690.
p.
share
per
Inc., of Boston is the prin¬
Weeks & Stubbs,
Whiting,
in
offices
Commission on Aug. 21, 1942,
40,00 additional units of beneficial
aggregate amount of cash offering
proposed
a
with
America,
funds in the country.
trustees are:
Charles Francis Adams, Lucius T. Hill and James H.
The investment adviser is Investment Service Corp. of Boston,
Orr.
Total
With
Exchange
covering
statement
indicating
$3,787,600.
The
37,024,523
Depreciation, amortization
cipal underwriter.
The
156,
4,916,312
Carpenter Steel Co.—50-Cent Interim Dividend—
Investment
Bond
with
at
series
337.
p.
Central Investment
45,751,017
1942
7,732,147
_
Week End. Aug. 21—
Gross revenues
SEC—
filed
25,655,442 202,548,000 167,370,930
20,739,130 156,796,983 130,346,407
$6
156,
S
series
$7
the
on.
6 Mos. End. June 30—
Net
689.
p.
America- -Registers
of
$
the
on
while
stated.—V.
was
32,540
—V.
Investment
Bond
$
Operating
„
Arrearages
share,
1942— 7 Mos.—1941
1942—Month—1941
Operating
$281,291
is after deducting all charges
of abandoned leaseholds, and
company
depreciation,
estimated Federal income
$28$067
15,729
$162,579
8,791
—
July 31—
777
\
f
*
$
1942—3 Mos.—1941
—
*
Canadian National" Ky.—Earnings—-
(Continued from page 748)
Bishop Oil Co.—Earnings—
6 Mos. End. June 30—
; ■-
1942
Week End. Aug. 21—
Traffic
*-V.
$4,696,000
earnings
156, p.
690.
''*
1941
$4,742,000
Chicago Mail Order
Central & South West Utilities Co.—Accrued Div.—
declared dividends of $1.75 per share on
the prior lien preferred stock, $7 dividend series, and $1.50 on the
prior lien preferred stock, $6 dividend series, in addition to payments
on dividend arrears of $1.75
per share on the $7 series and $1.50 on
The
the
$6
directors
on
Aug.
series, all payable Sept. 21 to holders of record Aug. 31.
Dis¬
of $1.75 on the $7 series and $1.50 on the $6 series were
tributions
made
in
Co.—Earnings—
SO,
preceding-quarters..
with the rates proposed by
Representatives Revenue Act.
•Accrued
of
in
accordance
\ote—Inventories
for
an
,
1942
*$201,515
21
this
were
valued
on
a
last-in first-out basis.
Sales
to $11,948,576 last year,
period were $15,507,589 as compared
29.79 %..-r-V_ 156, p. 338. -
increase, of
the 1942 House
THE COMMERCIAL & FINANCIAL CHRONICLE
778
i
Mr.
Chicago, Milwaukee, St. Paul & Pacific RR.—Successor
in
the
Arthur
been appointed successor individual trustee to
resigned, under mortgage and deed of trust dated
Feb. 2, 1925.—V. 156, p. 425.
E.
of
as
Burke
has
t
.
1
.
*
added
world
Individual Trustee—
Merrel P.
.
Isseks
Period End. June
Gross
Chicago, Rock Island & Pacific Ry.—Earnings-
Ry,
ry.
31—
1942—Month—1941
$12,843,694
7,210,191
revenue
oper.
operating
expenses
ry.
30, 1942—
—V.
156,
$3,825,001
Provision
17,293,189
Federal
K. T. Keller,
—
and
engineering laboratories are active
Navy services in the development of
and
in
items,
improvement
and
ahead
of
schedule
on
cessation
of
the
corporation's
normal
peace-time
business
ditional
the
activities
of
the
will
necessitate
the
establishment
of
new
decision
to
cover
new
and
is
;
v
July 31—
2,000,000
$178,912
_—1
f
••
share—
com.
*
.
$3317716
•
' '
of
to
and
remain
servicing of automobiles and trucks
essential
an
war-time
service
the
to
.
of
etc.—V.
1942,
sales————
U.
+1941
possible
future
,
It
standing
35,472,445
16,045,242
Voris
17,389,200
$6,384,224
$5,841,829
34,935
787,275
addit.
about
the
period is
will
divulging information,
on
details
past,
of
the
aim
our
Income
little
is
that
corporation's operations.
to have the corporation's
is
engage the confidence and
enthusiastic endorsement of
the
there
Account
for
esteem
tax
1,525,000
1,525,000
(1941 tax law)
1,125.000
1,125,000
tax
pending leg.
of
—
1,300,000
the
When
the
one
people,
and
American
Months
June
Ended
360,000
$2,241,073
265,637
265,636
per
490,728
490,727
$1.09
♦As
Net
sales
$
Int., divs. & rniscel. inc.
income
66,158,374
68,273,430
162,408
&
Prov.
31,019,469
genenal exp._
Fed., state &
for
foreign
inc.
&
66,320,783
Net
.
Shs.
profit
Earnings
$150,000;
28,052,192
18,500,000
payable,
6,350,000
8,770,006
20,974,843
30,494,274
4,351,132
4,351,132
$4.82
$7.01
$5.83
_
have been
5,541,001
15,874,942
♦Foreign subsidiaries consolidated;.
11,937,739
11,311,840
Months
Capital
Ended
June
1942
-
Surplus—
'
Earned
Net
25,958,106
__
profit for six months
Total
ended
June
30__
25,958,106
8,770,006
*
Dividends paid
Balance
_
——
June
—___
30____
—
Consolidated
(And
All
Wholly-Owned
20,974,843
138,446,761 136,643,970
8,702,264
13,053,396
129,744,497 123,590,574
—
Balance
United
States
Subsidiaries)
June 30,'42 Dec.
including
Marketable
U.
S.
treasury
Drafts
Notes
special
securities
31,'41
tax
against
&
(less
287,102
4,301,999
5,000,000
__
shipments
receivable
2,893,503
71,505,592
_______
7,737,242
28,965,151
78,381,146
therewith, & subc.
reserves)
77,986,409
Invests, in
wholly-owned foreign subs. (Canada
& England) not consolidated (at cost)
Investments
♦Property,
Good
plant
will
Deferred
other
and
and
—.
charges
assets
2,335,959
5,643,503
1
l
1,401,742
Gross
—___
———
284,005,992 255,302,292
—
Liabilities-
Advances
tFed.
&
U.
on
state
S.
inc.
Government
&
excess
30,986,846
2,693,149
—
contracts
profits taxes
Operating reserves
for contingencies
Capital stock ($5 par).
Treasury stock (133,243 shares)
Capital surplus
Earned surplus
(est.)
*
Reserves
5,681,231
15,171,162
3,325,019
22,421,875
22,421,875
J9r666,215
25,958,106
129,744,497 129,676,755
_
Dr666,215
;
—
•After
depreciation,
tLess
U.
8.
_
25,958,106
etc.
of
treasury
—
$48,538,490
notes
to
June 30, 1942—$17,050,000; Dec. 31,
be
—
in
284,005,992 255,302,292
1942
applied
and
in
$45,665,929
in
thereof:
payment
1941—$25,000,000.—V. 156,
Net
ry.
—V.
Decree
p.
601.
Entered—
The Justice Department on
Aug. 21 filed a complaint charging viola¬
of the Sherman Anti-Trust Act and entered a
consent decree in
Federal
court
against five principal American
tion
tributors
armor
of
molybdenum,
Co.,
steel hardening
producers and dis¬
alloy vitally important to
plate.
Defendants
cott
a
were
Climax
Molybdenum
Co.,
Anaconda
Green Cananea Copper
of America, and Kenne-
Sales Co., Molybdenum Corp.
Corp., all of New York.
decree, signed by Federal Judge Vincent L. Leibell, enjoined
defendants from dividing up world markets and
fixing re-sale
Sales
The
the
prices.
said
Samuel
S.
Isseks,
special
the action would
cartel
which,
break of the
he
war
assistant
to
the
Attorney General,
international molybdenum
effectively break up an
alleged, was in operation from
Europe in. 1939.
-
in
,
(37,163
1929
.
•
until
the out¬
shares),
Public
approved,
1940
45,716
be
This
by
a
new
the
in
of
Panhandle
held
missing
the
The
f
-4*
'
Our
is
add
to
and
"whether
not
or
purchase
to
not
into
the
workers
contract
a
common
stock
it
for
$1,000,000
be
by the public.
•
$1
Gas
Mokan will
..
Panhandle
cause
10,000 shares of the latter's class
Oil
Columbia
receive
cash
for
which also
liquidation
each
plan
common
will
cooperate
Electric
generator
communication
that
Gross
from
Net
from
ry,
.
to
enter
stock
provides
share.
that
stockholders
Columbia
Oil
also
will
Ry.—Earnings—
in
1940
$81,647
sales
of
the
Net
from
$112,849
27,208
7,037
21,340
12,896
3,079
12,898
1939
from
Net ry.
739,081
739,861
660,736
88.565
152,211
81,513
186,048
19,334
77,263
12,353
114,288
railway
oper,
income—
1
,
—;
.
t
t
.
.
;
I
'
t
i
801.789
.
the
new
67
own¬
ago,
years
increase
electric
over
Edison
group
of
companies,
utilities
the
Kilowatt-Hour Output
1942
1941
Aug. 22
158,844,000
144,114,000
Aug.
154,550,000
146,427,000
5.5
156,961,000
149,519,000
5.0
151,117,000
6.1
15_
Aug.
8—
Aug.
1
1
—V.
156,
160,348,000
p.
691.
.........
•
■
% Increase
10.2
'
1942—Month—1941
$
Gross
reevnue
Operating
for
$
$
13,599,320 182,359,602
deprec.
5,495,347
71,434,046
163,263,169
64,156,955
1,836,747
1,713,216
1,360,741
expenses
amortization
General
Subs.)—Earnings
1942—12 Mos.—1941
$
15,139,712
-
1
,
Commonwealth & Southern Corp. (&
Period End. July 31—
1,301,034
21,564,025
16,300,099
19,341,828
15,039,762
12,147,71^
5,990,554
___
and
j
___
taxes
1,097,696
5,624,578
3,559,248
46,738,510
46,952,328
1,385,406
1,544,630
18,249,299
20,941,071
976,813
976,813
11,721,916
638,821
Interest
pref.
13,194,644
3,535,204
_1
income
on
13,128,278
591,418
261,692
5,822,059
11,720,386
2,702,445
10,945,236
11,588,426
profits
excess
taxes
Gross
939,056
1,318,771
♦Federal
of
stock
deductions
tNet
i.
.
_____
f
income
♦During
excess
the
534,164
seven
profits taxes
776,113
endejd July 31, 1942, Federal income
months
have been
accrued
the
at
rates
and
prescribed
in tlfe
plus additional provisions aggregating $2,857,510 for
possible increases.
The rates prescribed in the pending House bfll
(45% income and surtax and 90%
excess
profits tax) would require
1941
Revenue Act
-during
.
under
established
was
$112,872
*
railway
which
Commonwealth
other
to
10.2%
a
Week Ended—
'
other
18,066
1941
wholeheartedly
Co.,
an
subsidiaries
From Jan. 1—
Gross
*
between
♦Federal income taxes__
will
pay
35,151
income.—
in¬
for the
week
of Aug. 22,
corresponding period of 1941.
Fol¬
lowing are the kilowatt-hour output totals of the past four weeks
and percentage comparisons with last year:
Prov.
surren¬
B preferred
1942
$131,080
railway——
permanent
.
Including $9,100,000 debentures now held bv Columbia
receive all remaining assets as holder of Columbia
156, p. 250.
railway..
oper,
for
is
offering of Holtzer-Cabot
any
Holtzer-Cabot
use
output
excluding
showed
Divs.
Net
by
,
Commonwealth Edison Co.—Weekly Output—
'
will
July—
Holtzer-Cabot
outstanding technical
and helpful direction
this company by the new owners.
Our staff and all
from
Oil's outstanding preferred stock.—V.
Columbus & Greenville
of
followed
Mr. Dietz stated:
of subsidiaries Holtzer-Cabot
group
reputation for
airplane made possible the first wire¬
airplane and ground stations.
Other
products widely are the manufac¬
turers of recording instruments, air conditioning
equipment and busi¬
ness machines and signal systems of all varieties.—V.
156, p. 691.
sell,'one-half
cash.
all indebtedness,
and
plan
receives
the purchase of gas from Phillips.
Panhandle stock, Columbia Oil would
for
it was
in
Electric
sale of its
Panhandle
to
personnel,
small
a
customers
stock
common
brought by Mokan and Columbia Oil and
against each other.
agreement between Mokan and Phillips provides that if the
Prior to the
der
:
subsidiary
a
President of Holtzer-Cabot, said:
forward to the cooperation
Holtzer-Cabot
Holtzer-Cabot
recapitaliza¬
a
counter-suits
consummated
Co.,^
Gamewell
The
Holtzer-Cabot,
our
high
distribution."
be given
located
less
.(
that
Gas
is
H.
the Roxbury district of Boston,
Mass., and in addition
plant in Chicago.
It employs about 1,300 workers.
Th,e
company
is one of the pioneers in electrical development, much of
which is related to the telephone
industry.
Holtzer-Cabot installed
the first telephones on
battleships for directing gun fire.
In 1912 a
a
The sale to Phillips probably also would end the Government's anti¬
trust suit against Columbia Oil involving its domination of Panhandle.
Under the plan, Phillips and Columbia Oil and its parent, Columbia
Gas & Electric Corp., would deliver to each other court orders dis¬
Columbia
E.
looking
are
can
our
has
Securities
,
is
a
that its 8,250
custom-made, high quality
signal equipment and
telephone
motors.
purchase of
to
traditions
Mr. Welton,
of
to Missouri-Kansas Pipe Line Co., which has been
fight¬
control of Panhandle for several years.
The 404,326 shares
represents 50.1% of Panhandle common stock.
Mokan, which holds
42% of the stock, would own 67% after the transaction with Phillips.
of the stock
of
24
filed
through
been
and
H.
and
$1,225,000.]
officers
-
Trust,
ership."-.
for
remainder
sold
$1,375,000.
for
Rollins
manufacturer
Columbia Oil
The
for
be
had
E.
Aug.
! [Holtzer-Cabot
Holtzer-Cabot. had
The
the
is
public
346,564
report that Phillips has agreed to
shares
to
President,
be changed.
not
and
for
226,523
'
noted
404,326
fine
457,918
holders."
was
Co.
gratified
are
its
that
recapitalization, the Division said in its report, would effectuate
redistribution of
voting
power
among
its ,security
the
will
vestment
an; "equitable
It
transaction
Investment
would
purchaser
the stock
performances.
stock."
common
single
a
made
with SEC disclosing
$100)
(par
Boston
through
York:, and Commercial Investmet Trust, Inc.
250,239
an
replaced
(as amended)
sold
stock
775,497
order be immediately entered directing
tion of Columbia Oil whereby its present preferred and
will
Holtzer-Cabot.
this
to
Commercial
Inc.,
29,432
approval of
recommended
of
Among Its other subsidiaries are National Surety Corp.,
Credit Corp., Commercial Factors Corp., William Iselin &
Meinhard, Greeff & Co., Inc., Service Fire Insurance Co. of
Universal
Gasoline
further
of
stock
to
of
Co.,
$115,680
939,551
Co.
modernization.
with
33,188
the
Electric
that financed the purchase and distribution of auto¬
household
appliances,
machinery and
durable
goods
gen¬
providing instalment credit for home Improvement and
158,427
of
Corp.- -Acquires Holt-
also
"We
.1941
of
Co.
company
erally,
448,913
Division
Sons
Gamewell
The
Utilities
Trust
Holtzer-Cabot
President
Commenting on the
22,418
Aug, 25 recommended
Division
The
its
the
finance
and Exchange Com¬
voluntary plan for the
liquidation of the Columbia Oil & Gasoline Corp., and the $10,346,826
sale of its holdings in the Panhandle Eastern
Pipe Line Co.- to the
Phillips Petroleum Co.
..."
on
The
President
common
&
mobiles,
Petroleum Included—
The
Investment
Dietz,
owner,
•
68,641
Casualty
company
at
present is
largely in production of electrical apparatus for war pur¬
The purchase of Holtzer-Cabot Is the first step in a program
indicated by C, I. T. in its recent semi-annual report and broadens
the scope of its activities.
•
»•v
C. I. T. has been known for years to the consuming
public as a
earned
$134,418
the1 laws 6f
under
Cooperative
name
New
Dr$464,537;
$164,572
_;
1941.
over
incorporated
was
engaged
Corp.—SEC Group Favors
Liquidation Plan—Sale of Panhandle Stock to Phillips
mission
facilities
poses.
512.
&
-
,
its
in keeping
establish a fidelity and surety
capital and.surplus of the com¬
increase
the
products,
including
fractional-horsepower electric
Ry.—Earnings—
_
10%
a
under
that
Holtzer-Cabot
consoli¬
—'V< 156, p. .426.
*
of
"We
Oil
;
expand
that
Casualty Co.
1919
Welton,
announced,
$1,793,725; pro¬
$6,112,648;
amounts
Hemisphere—not
1,050,184
income
p.
will
possibly
electrical
accruals,
years,
'
—
railway.—
oper.
156,
The
Climax'Molybdenum Co.—Consent
prior
Western
railway.——
voluntary plan
Total
3941.
6,360,000
8,664,790
17,290,206
3,329,933
—
46,235,299
1,139,060
43,582,805
__
from
from
ing
Accounts payable and pay rolls
Accrued insurance and taxes—
O.
Previous
of
coupons,
$1,709,823;
redemption
of
80,035
_
Pa.,
Pennsylvania
Pennsylvania Casualty Co. will continue
and
and
indicate
in
former
'.i.
(net), $12,201,112;
1942
Net
2,448,530
_
1942
registration statement
Western
accounts
—
Net ry. oper. income
From Jan. 1—
of
Total
R.
shares
July—
Gross from railway
Net from railway
5,572,007
58,294,036
__
—
—
2,335,959
—_57,500,267
equipment—*.
the
,
2,192,008
(less reserves)
Acc. with U. S. Gov., contra,
Inventories
60,468,948
notes
car
accounts
cost
$
64,057,177
deposits
at
& Wyoming
the
of
Manager
acquired by Commercial Investment Trust Corp.
& Sons,
Inc., underwriters of New York was
A.
1942
'
"
Columbia
$
Cash,
stock
common
out¬
written by Pennsylvania Casualty Co. during 1941 were
Premiums
written
during the first six
Pennsylvania
Arthur
is
Sheet
Assets—
the
the
*
by
subsidiaries,
and
outside
$
129,676,755 115,669,128
.
.
,
Outside
and other
current
Colorado
Surplus—
1
commissions
for
treasury
•
1941
$
-
Balance at Jan. 1 and June 30
Balance at Jan.
.taxes
subsidiaries
General
Rollins
surplus, $17,059,749; total, $80,761,580.—V. 155, p, 2455,
t
30—
Hemi¬
$371,011;
999,625;
:
Surplus Accounts
Six
.
,
Western
current
for
of
Lancaster,
$5,000,000.
Commercial
Palmolive Building 4%
serial first mortgage notes,
deferred liabilities and reserves, $7,097,686; minority inter¬
est in capital stock and surplus of a
foreign subsidiary—after elimi¬
nation of goodwill, $1,525,864; $4.25 preferred
stock (125,000 shares
no
par), $12,500,000; common stock (1,999,970 no par shares), $24,-
charged to
cost of sales and exps.
in the amounts of___
foreign
of
zer-Cabot Electric Co.—
$2,025,000;
Note—Deprec. & amort.
;•
of
provision
payrolls,
for
to
dated,
4,351,132
$2.02
$3,041,559;
vision
owing
25,345,771
loans
$3,043,427;
Co.
The present name was adopted in June, 1924,
It is licensed
in 31 States and the District of Columbia.—V.
156, p. 616.
inventories,
$34,361,084; prepaid expenses and deferred charges, $1,171,834; invest¬
ments and advances, $3,655,803; Palmolive Building
(net), $4,001,364;
property, plant and equipment (net), $18,781,024; goodwill, patents,
trademarks, etc., $1; total, $80,761,580.
24,435,111
10,300,000
the
June 30,
Branches
and accounts receivable
notes
95%
than
more
Firm—
substantially increased to provide for increased writings
business as well as the writing of fidelity and surety
Rollins
56,130,883
4,351,132
($5 par)
share
■
Liabilities—Bank
,—w
per
26,845,940
9,350,000
—
stock
cap.
12,899,463
outside
Assets—Cash, $5,039,358; U. S. Treasury notes—tax series B, at cost,
$1,400,000; marketable securities, at cost (market value $150,000),
359,866
68,846,466
branches
and
30.
America.
Hemisphere)
excess
profits taxes
and
and
also expected
is
Announcement
subsidiaries
Consolidated Balance Sheet,
Admin., engi., sell., adv.,
serv.
—
sphere.
55,771,017
573,036
be
Pennsylvania
previously reported.
tExcluding
(Excluding Subsidiaries
30,815,300
204,170
will
been
"'1939
$
________
share——
228,434,781 441,807,762 354,369,852 287,017,276
profit
Total
"1940
$
259,250,081 507,966,137 422,643,281 342,788,293
Cost of sales, incl. costs
under cost plus fixed
fee contracts
Gross
1941
$
—
common
June
computed for
Act of
Revenue
$1.01
.
dividends
(And All Wholly-Owned United States Subsidiaries)
the
1 I
Casualty
•
that
insurance
It
casualty
purchased
Pennsylvania
underwriting
Net premiums
Note—Depreciation
included
above—1941
as
previously
reported,
$582,433; 1941 excluding subsidiaries and branches outside the West¬
ern Hemisphere,
$560,398; 1942, $590,331.
30
1942
sound
months of
257,820
$2,399,074
dividends
Earnings
that
ended
taxes
by
"
,
stated
approximately
550,000
—_____
Common
war
record
months
income
imposed
$2,888,016
consolidated
coverages.
375,000
$2,635,051
—J-
profit
the
Co.
690,000
——
of
Vice-President
department.
pany
500,000
law)—
(1941
taxes under
Preferred
said
stockholders.
our
Six
of
be
can
12
not
E., Duncan, Chairman of Commercial Credit Co., and
casualty
The
Net
the
Federal
on' rates
has
company
to A.
Duncan
with
inventory
Foreign taxes
endeavoring with every resource at its command to discharge
responsibilities which the military authorities have delegated to
These times call for action, and under
existing circumstances and
income
•
Lyons,
Mr.
$5,753,348
49,173
27,886
691.
shares
Casualty
those
restrictions
above
according
$51,742,439 $58,614,993
500,000
U. S. excess prof, tax
is
for
(2)
26,153
companies
(
+1942
29,855,368
losses
have to operate.
Corporation in common cause with other American manufacturers
has dedicated itself to the prosecution of the
country's war effort.
Est.
156, p.
subsidiary
$19,530
based
are
Crl7,714
»
The
17,082,102
profit
deductions, net.--,..-
for
S.
the
respectively.
periods
1941.—V.
156,
31,438,601
Miscellaneous
which they
It.
and
of
15,000
'
$2,860,532
——
and
50,929
1
15,000
Cr62,993
-
J
income
$14,411
89,695
-
construction!
_
Net
1941
$0.38
taxes,
to
$3,952,896
• 988,779
937,083
___
deductions
income
current
$180,856
$3,946,430
6,466
20,793
$3,865,470
charged
writing
Prov.
$3,844,677
________
——
—
to
1,041,112
251,327
debt
Note—(1)
$0.91
$54,904,927
Gross
is
1,343,579
taxes—
operations—
(net)
Miscellaneous
Net
•
$432,105
*1941
Operating expenses
com¬
_________
Fed.
1,664,144
Commercial Credit Co.—Acquires Casualty
sales
Our dealers are performing these services with credit and
distinction to themselves, under the conditions and restrictions under
from
in
long-term debt
disc., premium & expense—:
of pfd. stock disc. & expense
Interest
160.
\
•
Colgate-Palmolive-Peet Co. (& Subs.)—Report—
munity.
(est.)
on
Amortiz.
ad¬
1942—7 Mos.—1941
income
taxes
833,821
.
1,395,752
1,307,929
___!
earnings
Interest
Amortiz,
Act
4,552,286
1,798,852
etc:_
increase
est,
amounted
$0.05
Six Mos. Ended June 30—
Cost
)
,
5,243,574
local,
Income
for
1941
$14,812,066 $13,381,373
depreciation
income
Net
338.
Net
'
,
—
earnings
Other
<
$23,272
Federal
156, p.
'
.■
$0.13
Interest,
Net
1,509,170
500,000
1942—Month—1941
depreciation,
Prov.
amounting to approximately 30% of
three months and six months ended
during the
'
$2,331,716
—_
$62,421
per
•After
p.
presently required.
maintenance
bound
350,952
1942, at the rates required by existing law.—V.
'
1942
——
969,955
for
Federal
on
reserves
The
made
profit
Earns,
In
Although automobile and truck production was discontinued early in
the year, our dealers throughout the
country still have new Plymouth,
Dodge, DeSoto and Chrysler cars and Dodge trucks for sale under the
rationing restrictions.
They are continuing trade in used cars and
trucks.
accrued
Period End.
existing at this time, it is deemed advisable
specific adjustments of these matters until later,
although it appears that amounts which will be released are sufficient
defer
amounts
♦Net
uncertainties
to
has been
Co.-—Earnings—
$11,823,647 $10,739,582
2,974,792
2,620,635
13,627
21.1&6
revenues
.—*
Provision
14,510
$678,912
______
operating
Taxes—State,
$3,840,886
—
Cincinnati Street Ry.—Earnings—
and
reserves.
$3,826,376
3,278
$1,029,864
paid—
Electric
Maintenance
$1,026,586
charges—
156, p. 691.
heat—
,
661,441
.
—...
\
have
apparently reduced
the
requirements
for
operating reserves* established in connection with
its commercial business.
However, certain phases of the corporation's
war
Operation
Gas and
2,471,107
__________
provision
June 30,
portion of the
view
2,758,171
anticipation of the enactment during 1942 of a Revenue
imposing increased Federal tax rates retroactive to Jan. 1, 1942,
developments
some
Total
♦In
important
time.
Our
many
1,903,039
608,218
profits.
——
dividend
1,766,510
268,763
——
excess
System, Inc.—Acquisition—
above.—V.
Southern Ohio
3,851,127
increased Federal
and
Balance
with
Army
new instruments of warfare,
ordnance.
Our very substantial
existing
well
collaboration
on all others we are, practically speaking, on
production are 97.6%
war
materials
and
the
balance
principally of spare parts for automobiles in civilian use
important significance to the country's sustained war effort.
Is itself of
The
of
in
Preferred
of
comprised
other
is
program
schedules
of
income
income
Net
13,807,322
489,944
_
earnings——
Federal
corporate income
and amortization
Interest
Corporation's participation in the war production program continues
to grow in scope and volume.
New opportunities to serve the country
through the production of war materials occur from time to time.
production
anticipation
1942
income
Gross
President, states:
the
taxes
Co..
Operating
revenues—Electric
Transportation
405,934
profits
Edison
12 Mos. End. June 30—
837,341
Net operating revenue———
Other
Chrysler Corp.—Semi-Annual Report
Our
in
on
than
Boston
424,431
—
retirements
excess
taxes
Other
10,495,242
425.
p.
—3,283,011
—
for
12 Mos.
$7,344,228 $31,045,034
Federal income taxes
$23,511,701 $16,528,522
2,803,040
Columbia Broadcasting
See
Columbus &
3 Mos.
.
_
Maintenance
1942—12 Mos.—1941
$9,900,352 $69,955,802 $54,686,379
6,075,351
46,444,101
38,157,857
$5,633,503
4,673,592
income___
oper.
approximately 95% of all molybdenum mined
by the five companies.—V. 156, p. 425.
revenues
♦Provision
Net rev. from ry. oper.
Net
Monday, August 31, 1042
1
Cincinnati Gas & Electric Co.—Earnings—
Callaway,
Period End. July
•
controlled
was,
Operation
Total
that
the
first
seven
.1
•:
1942 $5,155,482
months of
.■
v
(
;>
i
!
-t
■
more
than
at
^
'
the
■
■
i
Volume
rates," oT $2,297,972
Act
1941 Revenue
Weekly Output—
.
Corporation.- <
Earnings For July and Year To Date
Period End. July 31—-
•
The weekly kilowatt-hour output of electric energy, of subsidiaries
this corporation, adjusted to show general business conditions of
£erritpry served for the week ended Aug. 20,
1942, amounted to
209,318,660 as compared with 188,835,513 for the corresponding week
In 1941, an increase of 20,483,153, or 10.85
V. 156, p. 691.
July-
Securities Corp.)
(Including Cumberland
-
;
Gross
1'942—12 MOS.—1941
1942—Month—1941
;
directors
the
on
stock,
common
cents
62%
Aug.
on
25
par
share on
property
17,477
17,477
209,725
234,212
Maintenance
31,737
24,713
324,178
312,225
depreciation-
47,345
49,411
637,782
511,394
Rent
of
__Z—•
leased
for
______
bus
(leased)
&
Social
9,681
7,075
110,227
33,406
33,289
394,886
State
f
Federal &
taxes
taxes
Federal
income
previously,
Fed.
holders of record Sept. 4.
share each quarter on the
paid 25 cents per
the company
stock.
common
has been
of the directors of the company,
commissioned a First Lieutenant in the Army Air Force.
6 Mos. End.
June 30—
1942
Marshall
Net
Mundheim,
before
income
profits
one
Federal
taxes
and
income
:
at
30,
June
$716,323,
amounted to
1942,
$248,491
$311,738
-
capital
Note—Working
Other
as
;
P.
.
There
find
made
V.
Mar.
1, 1942, a total of
($6,000 due Sept. JL, 1951,
Payment will be
Trust Co., trustee, New Orleans, La.—•
redemption as of Sept.
for
serial bonds
and 3%
1,
1952),
American Bank
the
at
155,
2V2 %
,
due
$6,000
called for
been
have
$12,000 of 2Va%
at
&
for
5,862
6,468
$94,391
$136,326
$1,331,655
32,160
385,078
Crl.366
Crl,660
165
224
7,900
100,736
$847,501
.29,164
349,973
349,973
16,737
200,353
200,848
charges
$16,737
of
July
(2f The
Congregation of St. Joseph's Roman Catholic
Church of the Parish of Jefferson, Gretna, La.—Bonds
Called— '
' '
" '
'
;
•' •. '
for
taxes
The
at
40%
a
rate
for
total
1,
of
$5,000
and due Sept.
1935,
Sept.
of
1,
1943,
So
and
such
1942
In
for
RR.
common
have
Co.
appropriations are being
stock at the
rate
of
the
r
need
Operating
expenses—
•Federal
Dividend—
Consolidated Dry Goods Co.—Accumulated
Other
The directors have declared
of accumulations
dividend of $3.50 per share on account
a
•'/
1 to holders of
Sept.
to
Aug.
on
announced
26
sendout
that
743,556
$229/585
$2,167,3%
war
has
int.
of
Net
Dividends
and
month
'
The
directors
to the
the
on
capital
stock,
$5,
par
payable Sept.
14
holders
to
with
25
cents
each
Mar.
14,
1942.—V.
from
quarter
156,
Mar.
1941,
14,
602.
p.
,
46,667
46,687
560,000
560,000
deducts.
14,362
1,882
100,555
22,107
$121,182
$181,356
$1,507,495
$2,170,006
507,386
Operation
of
—_■
la director of
the American
addition
In
Tvir,
Federal
Refiners,
being
to
Central
Ltd.,
Bank
Hanover
Group.
Federal excess
-
taxes
Co.,
Trust
&
Other
Security
First
taxes.:
directors have declared
Net
(less
1,347,870
ment
income
1,317*008
468,945
1,493,645
$597,034
$2,646,956
1,501
7,999
$598,594
distribution
similar
each
cents
to
made
was
on
June
1942,
April.2,
on
holders
25
of
last,
2,
Sept.
record
808,660
$384,932
$1,846,295
112,503
450,012
operating revenue.-.—.
the
Gross
A
Interest
4.
compared with 10
The previous pay¬
as
and on Dec. 22, 1941.
—
corporate income
amortization charges.
and
income
dividend
■Preferred
of 20
Quarterly
a
Net
«
cents per share, was made Oct. 30, 1929.The holders of the old
co-par, value and the old $10 par value
common
capital stock, issued and dated prior to Oct. 25, 1935, will
be required
to exchange their certificates, share for share, for the
present $1 par value before receiving the current, dividend.—-V. .156,
p. 78.
•
■
;
.
;
- ■ <
ment,
paid.,
.
.
,
'
Crane Co.—Earnings—
(Including
Subsidiaries)
1942 '
1941
Domestic
*
12 Mos. Ended June 30—
•Net
•After
<
Federal taxes, based on present law, in 1942 after
of a. reserve for contingencies in the amount of $4,000,000
Dec. 31,. 1941, and in. 1941 a provision of $1,000,000 for
charges,
provision
made
on
Earnings
possible additional Federal income and excess profits taxes.
sales
Net
for
$160,123,628
as
' "" ' " ;
1 r ..
Provision for Federal
six
the
months
months
12
the
ended
'
30,
June
compared with $109,934,974
■'
year.''
'
amounted
1942,
.
and excess
Income
$0.98
15..-
Like
to
the
regular
Extras
amounts
paid
10 cents
during
1941
were
on
March
and
31
follows: July 30
155, p. 2182.
as
30—4.
1942
1
.
torosS income
Expenses" 1—-Zt.:-..—!.,
♦.
>112,623
'
Sales & oper.
16.364
Other
22,813
13,634
$69,569
27.500
27.500
$1.26
$0.87
taxes.
227.500
"Dividends'Earnings
'
share
per
•
-
.
.
of cap.
Consolidated
stock—
Balance
'
$0,97
Sheet,
- >•
30,
June
Charges
penses,,
fixtures,
bilities
$687,197; U. S. Govt, obligations, $15,000: botes and
receivable, $5,383,697; other assets (prepaid interest, ex¬
etc.), $9.2767 -U.
S.
$1; total, $6,096,278.
.deferred
(55,000
—V.
no
155,
A
June
and
30,
Oct.
539.
•
'
'
•
this
24
tax.
%
or
a
of
dividend
of
holders
and
on
last,
a
in
the
as
3 Mos End.
to
,
$57.75
share.—V.
per
155,
as
June 30/42
$4,667,048
74,624
275,775
hog
were
of this vital raw material have been cut off, with the result
national stockpile of
bristle has been greatly depleted.—
the
156, p. 692.
Dixon Crucible Co.—$1 Dividend, Etc.—
(Joseph)
24 declared a dividend of $1 per share on
77,167
155,284
$7
each
p.
at June 15,
on
Dec.
29,
1941
Corp.—Prepays Notes—
Delaware
The corporation has prepaid another 1,000,000 of notes payable' to
banks, leaving $4,000,000 outstanding as of July 31, 1942. The payment
Gross
represented the maturity due Feb. 1, 1945.—V. 155, p. 1011.
Net
;
July—
Net
Cushman's Sons, Inc.—Earnings—
:
Period—
Net
—12 Weeks Ended—
■
,
income
taxes..'
,
1406.
directors
The
share
nine months ago.—V. 155, p. 2093.
on
the
declared
have
stock,
common
V.
156,
p.
513.
1940
The
the
ICC on
company
'
Aug.
and
12 issued a certificate permitting abandonment by
abandonment of operation thereof by the lillinoi3
a line of railroad extending in a southerly direc-
lessee of
Central RR.,
from
$1,890,035
1,328,865
1,113.485
750,268
506,722
655,588
828,885
556,410
323,202
25.866,520
18.274,787
15,167,263
A
total
have
>
(Net
profit
other
•
V
tAfter
charges.
1—
interest,
$50,177
*$3,880
depreciation,
■
Federal
from
8,909,703
5,954,668
4,263,037
ry.
5,091,317
4,374,907
2,993,580
2,661,576
tax
• •, •'
and
>\
V.
railway
oper. income—
156,
p.
P.
Earnings
July—
Gross
426.
Delaware, Lackawanna & Western RR.—Traffic Mgr.
all
Charles
Noter-rThe charge for Federal income tax has- been computed at the
of 45%
in 1942. No liability-for Federal ^excess profits .tax: is
1,
156, p. 513.
.
'
to
E.
Hall,
western
traffic
manager,
Chicago,
will retire Sept.
under the company's
J.
rate
anticipated In either 1942 and 1941.—V.
redemption
as
of
For
July
from
H.
pension plan.
Christy,-assistant western traffic
succeed
Mr. Hall
as
western
traffic
from
Net
ry.
Gross
oper." income-
from
Net
manager,-will
manager.
be
promoted
from
Net
ry.
—V.
railway
railway._____
railway.i,—
railway-.-—Z
oper.
156, p.
income
427.
29.41
Ry.—Bonds Called—
first mortgage 3Vss%
Oct.
bonds, due Oct. 1, 1962,
1, 1942, at 105, out of
be made at the office of
as sinking fund agent.
and Year To Date
3,931,071
Net
for
of
in the sinking fund.
Payment will
Morgan & Co., Inc., New York, N. Y.,
13,717,179
Net
$110,972
$211,567
income
called
been
Net
;•"Loss,
$600,000
of
moneys
J.
railway
Onawa, approximately
Counties, Iowa,—V. 144, p. 103.
Duluth, Missabe & Iron Range
1939
$2,343,971
income—
oper.
ry.
1941
and on
18 and
stock.—
Dubuque & Sioux City RR.—Abandonment—
tionfronf Anthon to the end of the line at
$2,970,865
cents per
of record
A similar distribution was made on March 28
June 29, last.
Payments during 1941 were as follows: April
July 26, 25 cents each; Oct. 25, 50 cents; and Dec. 29, 6% in
,
1942
railway
railway
Dividend—
interim dividend of 50
payable. Sept. 25 to holders
an
10.
Sept.
and
$3,859,657
/
profits to '
With 12%
Doehler Die Casting Co.—50-Cent Interim
of
to
14
1
RR.—Earnings—
current
from
employees actively employed by the company on Sept. 30, 1942.
and six months ago similar payment were declared, which com¬
pares
This
1941.
From Jan. 1—
47,560
173,101
___
Hudson
from
from
Gross
July 11/42 Julv 12, '41
.J—J '
$384,668
$158,532
profit after chgs.__
Federal
•
—28 Weeks Ended—
July 11/42 July 12/41
,
,
&
1942
those
Three
miles, in Monona and Woodbury
Zellerbach
Crown
in
compensation
quarter's
third
$845,238
1942 were said to amount
directors
The
their
and current lia¬
of $6,694,638.
1941, while on Dec. 23, 1941, a payment of $2 was made.
also declared a wage and salary dividend of 6%
of
ing Sept. 30,
,;
the
capital stock, payable Sept. 30 to holders of
A similar distribution was also made on March 31
last, and each quarter from Sept. 30, 1940, to and includ¬
21.
Sept.
and June 30,
566,637
$438,556
industry in the United States was
announcement by E. S. Phillips, Presi¬
now
dressing domestic hog bristle for
'
7,629,243
180,772
$406,682
is
In
V.
$9,377,173
3,800,927
were $8,150,133
with
Inc.—Establishes New Industry
,new
imports
6 Mos. End.
June 30/42
net working capital
compared
1,732 769
724,852
207,548
bristle used in the manufacture of brushes in
imported from the Far East, particularly China
1941
approximately 6,000,000
pounds of dressed
imported.
Now,
due to the conflict in the Pacific,
all
The directors on Aug.
per
Arrearages
,,
brushes.
making
Siberia,
that
-
1940.-
28,
Dec.
on
i
bristles
10
share has been declared on account
the '7%
cumul. pref. stock,
payable Sept. 15
Aug. 31.
A like amount was paid on March
record
15,
June
$3.50
■.
was
last.
31,
of
company
country
,■
,
Aug.
on
that
Heretofore,
share
per
working capital of $5,994,348 as of Dec., 31,
with net
p. 2276.
155,
accumulations
$194,132;
general reserve,
par shares), $1,100,000; surplus, $486,839; total, $6,096,278.
p.
& state inc.
•,.
2,162 019
1,133,531
499,810
427.
p.
this
DeHavilland Aircraft of Canada, Ltd.—Accum. Div.—
,
$2,475,000; longpayable, $13,750;
Interest. $87,541;
$15,000; .capital stock
income,
427,314
1939
$197,593
80,748
16,916
1940
$230,346
94.684
26,458
!
>
2.498.331
1,411,648
579,423
2.433 743
* 1,260.807
income
establishment
in
use
furniture, and
$1,106;
bond,
Treasury
V.
T:
1942, current assets
$1,455,495,
were
compares
payable—due within one year,
term
notes payable—to banks,
$750,000; dividends
reserve,
$974,016;
reserve
for taxes and accrued
Liabilities—Notes
1
and
78,117
depletion
&
debentures-
on
of June 30,
As
Assets—Cash,
acceptances
170,163
42.081
.
RR.—Earnings—
1941
$371,125
218.841
77,865
1942
$332,233
income—
oper.
156,
dent,
1942
3,828,316
106,148
290,862
__
Net inc. bef. Fed.
!
1942
j,
railway
oper.
revealed
$48,018
"
46.368
income
'
expenses-—
Prov.?for-depreciation
27,005—22.993
Interest
Net
;v
rev.,
& oper.
sales
of
\
Mar. 31'42
etc., Inc. credits
$4,710,125
•'
-.
•Cost
$53,279
Provision for Federal" income
'
•
•
$190,640
127.209
.
railway
record
3 Mos. End.
1940|
.
" ' $242,583
131.767
■__/
paid
*
$259,019
~-----—-
Interest
1941-
"
miscellaneous
interest (The
stock (18,849
$72,524;
minority
$4 dividend cumulative preferred
from
ry.
—V.
'
Six Months Ended June
commis¬
payrolls,
accrued
$37,580; deferred liabilities, $65,593; provision for
outstanding $5,000,000 of
Credit Utility Banking Corp. (& Subs.)—Earnings—
'
ry.
Net
Deep Rock Oil Corp.—Earnings—
-
(1941),
railway-*
Net from railway——
.
.
$267,559;
provision for social security and unemploy¬
for capital stock tax, $3,750; provision for
From Jan. 1-^-
dividend of 15 cents per share
29 to holders of record Sept.
quarterly
and Dec. 26, 2.0 cents.—V.
cents each,
provision
.
Net
:.V'-.
r
dividend of
extra
disbursed
were
$232,055;
$26,399),
692.
p,
from
Gross
capital stock, both payable Sept.
the
on
an
;s
-
.
directors have declared
addition
1n
profits taxes on income for
1942, was made, on a basis of presently
proposed rates and for income in 1941 on. a basis of the rates
applicable to that year.
The'net profit in both instances is stated
after the-provision of a reserve-for contingencies In the amount of
*4,000,000 at Dec. 31, 1941.-rV. 155, p. 1507.....
J
i . .
156,
from
$1.02
excess profits taxes, and in
provided for in the House bill of 1942.
rate
payable.
$97,350;
etc.,
$4,916;
receivable
inventories,
accounts
$744,128;
hand,
on
accounts,
(less reserves for depletion and depreciation, $3,deferred charges, $18,066; total, $4,489,148.
<
July—
376,657
and
Distribution—
Extra
The
* "
■"
the
at
and
$0.52
1942
shares), $729,456; common stock (263,142.25 no par shares),
certificates of deposit outstanding, $168; capital surplus,
earned surplus since Jan. 1, 1936, $675,016; total, $4,489,148.
par
Gross
$383,591
388,325
to
in like period of preceding
...
ended June 30,
calculated
$379,783
—:
income
banks
doubtful
assets
Detroit & Toledo Shore Line
1941
—
Federal
in
for
$173^582
$0.22
Balance Sheet, June 30,
„
130
$95,881~
share—-
taxes
The
1942
share
per
all
•After
,
r
—
..
.
—:
outstanding.
shares
35,000
81
corporation—,——"
to
Devoc & Raynolds Co.,
:
profit
Common
105,000
$2,076,192;
$1,396,283
$272,429
6 Mos. End. June 30—
'•Net
54,527
133,827
19,960
$349,620;
during
enactment
Decca Records, Inc.- -Earnings—
1940
$5,020,285
$1.73
$6,907,457
$2.53
$3,603 572
$1.12
profit
Earnings per share of common stcok
the
of
50,433
130,831
22,750
accrued
$2,864,308;
Net
—I———
anticipation
535
—_
non-product, develop.—
Derby Oil Co.), $3,244;
1942 of a Revenue Act
imposing increased Federal tax rates retroactive to Jan. I, 1942, ad¬
ditional provision has been made amounting to approximately 31%
of
the amounts accrued during the three months and six months ended
June 30, 1942, at the rates required by existing law.—V. 155, p. 2182.
•In
14,592
_———
income taxes and
contingencies,
anticipated
reserves, abandonments,
taxes, etc., $106,179;
,
Balance
10,681
$417,561
rents
common
taxes,
tax,
18,431
v
______
.
$2,654,955
213,663
excess
income
20.427
' 9,619
(net)
revenue
assets.
Liabilities—Accounts
no
Net
161,405
$373,857
,
64,038
per
809,602),
sions,
373,632
165,477
$439,058
expenses__^
—
reserve
811,188
profits taxes-
1,691,335
90
income
1,669,445
181,169
$2,226,597
1,788,265
$469,104
$630,591; fixed
7,616,642
318,516
1941
$2,392,800
—_
——
Earnings
—V.
15 cents per share on
dividend of
a
Sept.
payable
stock,
of
leasehold
Continental Motors Corp.—15-Cent Dividend—
The
sale
Assets—Cash
increased Federal
_1
anticipation of
earnings-
than Fed. income &
Other
common
1942
leases and
265,900
—:
1942
on
efficiency
Oil Co.]
taxes
452,077
.
profits taxes
in
•Provision
and Utah Fire Clay Co.—V. 156, p. 426,
Long Island RR.
Trust Co.,
Indemnity
Fore Insurance and
director of the Continental Insurance Co.,
in Phelps Dodge Corp., Canadian1 Copper
a
directorates
holds
Cates
income
an
Applicable to minority interest—
current
the
1,840,345
/.
__
„
un¬
are
probably were due in
that at least part of
extensive improvement plan
charges
Federal
3 Mos.
12 Mos.
$4,226,012 $17,371,700
retirements—
earnings
they
income
197,278
for
and
general
suppose
—
Undeveloped
31, 1942, additional
required under the Revenue Act of 1941.—V. 156, p. 340.
—_—
Provision
Cates, President of the Phelps Dodge Corp., has been elected
Louis S.
for
$71,000
—
of
;
—
Depreciation
$1,662,620
Maintenance
Continental Insurance Co.—New Director—
:
Other
507,386
$1,000,109
taxes
to
income
from
Total
$168,000 for the 12 months ended July
amounts
Gross revenues
'
.
bonds—
Period End. June 30, 1942—
including*
and
to
Gains
Federal
excellent
since
of
general and administrative
Other
Dayton Power & Light Co.—Earnings-
record "
of
A similar distribution was made on June 18, last, as compared
Sept. 4.
658
$2,752,113
for
result
Consolidated
cents per share
Aug. 26 declared a dividend of 12'/2
on
654
$2,168,050
provisions
holders
requirements in the plan of
money
"present
reasonable
the
was
Operating income
operating
320
applicable to preferred stock—___
•Includes
mew
continue,"
was
Miscellaneous
$229,905
—
financing
new
to
mortgage.
,
.
not
may
Surrendered
Continental Diamond Fibre Co.—12%-Cent Dividend—
-
674,936
320
Balance
stock
in
tremendously
increased operating
expected to continue,"—V. 156, p. 427.
sales
Selling,
income
$2,250,000
common
discount)
(less
of
$182,211
and
s..
has asked the Inter¬
the reorganization plan of the
resulted
be
can
Cost
$2,751,455
mtge.
>
York,
New
[And Its Subsidiary, The Derby
314,228
$18X891
on
of
while ..the
Depletion
the electric
plants of its System for the week ending Aug; 23, 1942, amounted
to 164,600,000 kwh., compared with
152,000,000 kwh. for the corre¬
sponding
week of- 1941,
an
increase of
8.3%.
Local distribution
amounted to 145,300,000 kwh., compared with 140.500,000 kwh. for the
corresponding week of last year, an increase of 3.4%.—V. 156, p. 692.
company
705,215
62.243
income
Other
Consolidated Edison Co. of New York, Inc.—Output—
The
59,154
income
1940,
,
6 Mos. End. June 30—
re-
-
,
that
improvement
Sales
815,249
52.760
Gross
Int.
1,418,465
64,309
Other
,
in
figures have
1941
Derby Oil & Refining Corp.—Earnings—
oper., revs.—
Net
Co.,
modify
proposed
provision for
said
traffic, it
the
1942—12 Mos.—1941
$7,944,649
$7,314,028
2,910,017
2,758,160
91,477
166,937
_
retirement
$190
and
The
RR.—Change in Plan
The bank is.trustee for the
and
Co.—Earnings—
appropriations-
serve
1941
,,
to
the
amount
part
"which
$712,159
taxes
taxes
Property
cumulative preferred stock, par $100, pay¬
the 7%
on
record Aug. 24. " A similar distribution was
'made on April 3, last, as compared with $3 on Feb, 12, 1942.
Pay¬
ments during 1941 were as follows:
April 1 and Oct. 1, $3.50 each,
and Dec. 27, $2.—V. 155, p. 598.
' able
'
:
that
fof any
bank
which
1942—Month—1941
$692,079
246,202
249,620
31—
revenues
Trust
eliminate
precedented
for Federal income and excess profits
to the year 1942 have been computed
and surtaxes and a 94% rate for excess
normal
156, p. 160.
reorganization."
provision
Operating
in
The railroad's earnings for the first six months, the bank told the
ICC, had "so improved the financial position of the debtor as to obviate
removed
been
156, p. 340.
Period End. July
$590,000
Grande Western
Commission
to
as
allocate
mortgage bonds.
July,
for
Portland
available
Dallas Power & Light
interest.
Payment will be
Trust Co., trustee, New Orleans, La.
Bank &
American
5% serial bonds, dated Sept,
have been called for redemption as of
made at the
mortgage
first
1,
101
at
1942,
320,000
;
_
A
1940
$5,262,000
319,000
figures are esimated.
Farmers'
City Bank
instead
periods applicable
profits taxes.—V.
Rio
Commerce
The
estimated
the
&
state
1941, and $200,848
additions to reserves in
for
1941,
31,
from
comparison.
of
and
1942
the above
road
lease
in'
1941
$6,512,000
Asked—
$1,128,762
29,164
Denver
100,953
$97,632
16,667
earnings
$655,000
also been revised.—V.
a/c
ended
1942
234,000
'
—
Note—All of
104,474
6,492
:
the
(& Subs.)—Earnings—
provisions for Federal Taxes.
$200,000 a year.
(The)
6,043,298
2,516,U1
388,155
(net)
with
from
6,579,930
3,168,386
$8,398,000
$1,618,035
32,032
months
12
10.395,390"
6,297,924
Manufacturing Co.
profit
•After
51,955
Income
purposes
made
916.
p.
the
109,438
28,045,068
—
•Net
$1,513,561
lease
connection
interest.'
and
par
767.575
$1,251,474
80,181
$55,643
Notes—(1)
\
8,030
reserves
R.
R.
312,145
29,886,500
13,147,164
6,144,464
income—
oper.
Sale«
380,611
438.574
35,749
$129,858
requirements-
for
Prov.
Congregation of St. Anthony of Padua Roman
Church, New Orleans, La.—Bonds Called—
(The)
Catholic
div.
112,830
67,131
deductions
Pref.
134,589
33,310
income
Net
916.
11,393
$88,529
_—;
interest
1,011,812
34,181,793
156, p. 602.
Dennison
45,349
income-
interest
Other
53,104
tax_
income
Gross
Bond
4,607
income
operating
Non-operating
1941
excess
compared with $659,122 at June 30, 1941.—V. 155, p.
tax_
profits
excess
Net
916,318
40,833,982
6 Mos. End. June 30—
15,146
Federal
per
Net
Net ry.
4
5,702
__
—
stock, no par value, both payable Sept. 15 to
$3,711,549
603,708
income—
oper.
from .railway—.
from railway
—V.
397,623
niunic.
secur.,
1939
778,869
68,442
taxes—
property
State
declared a dividend of 15 cents per share
$1, and the regular quarterly dividend of
the $2.50 cumulative convertible preferred
1940
$4,134,081
1,743,510
From Jan. 1—
Gross
Prov. for replacement of
Common Stock—Earnings—
The
256,403
ry.
1,520,178
316,190
power
1941
$5,360,938
2,113,810
railway
railway..
from
Net
$5,404,783
2,245,446
8,430
^
Purchased
Decreased
Shoe Machinery Corp.—Dividend
$6,883,750
170,185
74,970
Prov.
Compo
$500,217
174,014
revenues
Operation
1942
$6,300,589
from
Net
$598,448
Operating
,
pf
on
779
Cumberland County Power & Light Co.—Earnings-
than was provided in the
more
tBefore dividends on preferred stock of parent
period.
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4103
156
1940
$4,254,985
3,196,565
2,706,316
1942
$6,279',940
4,708,085
1,023,389
1941
$5,204,128
3,991,396
21,671,475
13,410,260
17,885,898
11,548,126
12,0^,790
3,282,675
7,427,070
4,462,325
1939
$2,713,598
1,924,816
3,271,547
1,655,275
6,894,841 > 3,019,792
1,727,359
railway—._r-
*437
$144,555
38,608
income.--
*29,829
16,879
railway1,226,900
317,918
income
78,893
954,102
824,713
222,580
154,406
34,692
*18,419
railway
from
Gross
Net
from
Net
ry.
" 1939
$106,176
17,840
642
1940
$110,446
1941
1942
$134,400
July—
oper.
12,352
*9,099
s
From Jan. 1—
from
Gross
Net ry.
*
railway——
from
Net
oper.
Deficit.—V.
156,
720,833
70,213
*81,065
340.
p.
$895,887
33,536
30,116
142,250
120,398
70,320
297,527
276,930
14,939
69,401
58,730
63,631
—;——
Maintenance
19,742
—
Fed.
of subs.)—'
.
(including
Taxes
inc.
$845,824
$210,548
Purchased power
Operation
'1942—12 Mos.—1941
1942—3 Mos.—1941
$203,652
revenue—
oper.
(& Subs.}— Earnings—
Public Service Co.
East Coast
21,560
18,486
86,122
75,396
from oper—,
$65,184
$76,686
$300,588
$314,370
net_
770
1,651
4,394
6,153
taxes
Income
income,
Non-oper.
renewals,
for
Prov.
$304,981
$320,523
122,903
$78,337
$65,954
income
125,836
re¬
32,000
29,024
placements and retir.
Tot. fixed chgs. of subs.
4,217
4,658
1,147
1,148
of East Coast
Fxd. chgs.
81,646
86,118
'1,312
*Crl,534
*Cr4,147
for Fed. inc. taxes
Prov.
of East Coast P. Serv.
$16,296
1 $22,614
$97,309
$108,498
of Dec. 31, 1941, of over accrual for the
surplus
to
Balance
*
.
♦Represents adjustment
as
1941.
year
1942
Sheet, June 30,
Balance
Consolidated
assets, $2,685,047;. special funds, $118,388; miscel¬
$6,882; cash, $154,239; notes receivable, $4,237;
accounts receivable, $68,926; materials and supplies, $58,198; prepay¬
ments, $12,158; other current assets, $234; deferred debits, $145; total,
Assets—Capital
investments,
laneous
$3,108,454.
Liabilities—Long-term
debt, $2,086,467; accounts payable, $38,245;
refundable, $9,562; accrued interest on long-term
debt, $32,137; accrued State, local and Federal taxes, $41,282; accrued
insurance, $10,147; other accrued liabilities, $2,704; unearned interest,
etc., $2,530;
customers' advances for construction, $7,136; reserves,
$475,483; capital stock ($1 par), less Treasury stock of $2,482, $30,517;
earned surplus, Cr$44,112; capital surplus, $416,356;
total, $3,108,454.
—V. 155, p. 2183.
Associates—Accumulated Div.—
Eastern Gas & Fuel
directors
The
dividend of 75 cents per share
6% cumulative preferred stock,
of $1.12 Vi per share on the 4%%:
27 declared a
Aug.
on
the
on
dividend
quarterly
usual
the
and
accumulations
of
account
on
preference stock,
both payable Oct. 1 to holders of record
15, out of accumulated net profits or surplus.
Distributions of 75 cents per share have been made on the 6% pre¬
ferred
stock each quarter since and including April 1,
1941.
The
prior
Sept.
April 1, 1938.
cents per share, was made on
previous payment, also 75
156, p. 428.
—V.
{And Wholly-Owned Subsidiaries in the United States,
Cuba, Panama and South America)
'
Canada, Mexico,
,
Periods Ended—
6
sales
Net
Cost
———
!
expenses-;
Depreciation
June 13,'42 June 14,'41 June 15,'40
$97,539,272 $73,525,058 $57,015,524
*
—,
and
——
—
41,294,476
3,482,873
49,628,336
63,174,721
4,825,819
—,v—
3,907,385
dividends
and
Other income
___
and
U.
S.
excess
taxes-,:—\
income
foreign
S.
$30,179,783 $20,291,381 $12,573,329
—
—
charges
V.
Prov.
,
—
income
Total
Other
$19,989,337 $12,238,175
165,998
126,865
i—37,138
136,046
208,289
operation
$29,538,732
received—
603,913
Income from
profits tax
1,800,000;
invent, losses
future
possible
481,055
2,913,104
38,482
5,092,474
4,700,000
63,681
6,553,766
14,300,000
——
their
the
—
Earnings per common
for the combined normal tax and
■rate of 45%
profits tax.—V. 156, p. 602.
excess
;
S. taxes was calculated by using a
surtax and 90% for the
1942 provision for U.
Note—The
$9,179,170
$3.63
-
Corp.—Bonds Called—
Eaton Paper
called for redemption as of
Nov. 1, 1942, its outstanding $400,000 first mortgage 5Vi%
bonds due
May 1, 1943,, at lOO Va and interest.-—V. 151, p. 2190.,
It
stated
is
week
1941
during
Light
&
Power
Co.,
as
follows:
as
were
Inc., which are subsidiaries of
Electric Power & Light Corp. and
compared with the corresponding
Services
Co.,
Light
&
Power
National
Ebasco
of
companies
ating
American
Power
portionately small investment.
In
President
former
in
for
Elec.
Nat'l
&
Pwr.
The
Co..J
Lgt.
145,590
83,771
108,517
'
Pet.
14,025
7,757
10,359
1941
159,615
91,528
118,876
Lgt. Corp.
&
Pwr.
Amount
1942
Operating Subs, of—
Amer. Pwr.
& Lgt. Co.
9.6
9.3
9.6
not include the system inputs of any companies
above figures do
appearing in both periods.—V. 156, p. 693.
not
(& Subs.)—Earnings—
1942
1941 ,
$21,672,237 $16,077,385
6 Months Ended June 30—
Net
sales
—————
2,006,918
1,250,577
—
1,500,000
585,000
—
$506,918
$665,577
profit before Federal taxes
——
Provision for Federal taxes---'.......
Net
Net
profit
1
—
——
Preferred dividends paid
dividends
Common
Earnings
per
75,000
230,869
37,500
230,869
—$201,049
$397,208
$1.12
$1.63
——___
————.J.
share———-
common
provision
Note—No
—
paid—-—-—--——-—
surplus
to
Balance
was
—
made at this time by the company for war
post-war contingencies, but the management anticipates that reserves
will be provided for such contingencies by the close of its fiscal year,
Dec. 31, and awaits final enactment of the 1942 Federal tax bill now
or
pending before the Senate finance committee, with
under
Total
assets
possible changes now
consideration.
Sheet
Balance
Items
(Company
and
Subs.), June 30
1941
1942
Cash
——
Inventories
——
i
Total current assets
Total
liabilities
A
_______
—
1
insurance losses
Reserve
for
Earned
surplus
Capital surplus —:
;
5% preferred shares (par $50)
Common shares (par $2)
i
—
$12,254,423
2,244,579
7,258,663
9,631,273
4,153,341
166,371
4,016,760
$7,926,325
2,595,625
2,927,730
5,527,835
1,638,156
140.008
148,388
60,000
226.497
30.000
384,781
—
384,781
3,652.102
$116,000 United States war bonds,
United States Treasury tax notes in the amount of $480,768
Note—Total current assets include
series "G."
have been
netted against tax liabilities.—V.
Eisemann Magneto Corp.—New
,
The
directors
Howard
Mr.
S.
on
Welch.
Welch
also
President—
Aug. 26 announced the election
also was elected a director.
will
serve
as
director
and
as
President
which is engaged in the development of special
-high output aircraft engines.—V. 151, p. 1720.
of
Airward
duty magnetos
$0.72
contingencies arising out of war con¬
1919.
p.
1941
1940
1939
$2,958,490
$2,523,221
1,171,705
1,164,051
$1,155,050
181,556
48,445
ry.
229,573
681,524
$1,867,954
725,102
424,019
19,234.867
16,491.637
11,470,616
9,027,923
7,141.287
7,242,493
1,623,341
railway,,,..
4,030,732
3,770,991
2,224,621
2,145,769
1,007,158
railway,
income,,.
oper.
Prom Jan. 1—
Gros3
railway,,,.
from
Net
from
Net
ry.
railway
income,..
p. 79.
oper.
—V.
156,
\
Erie RR,-
-Earnings—
railway.... $11,621,002
from
2,190,413
75,057,429
26,432,232
income...
156, p. 513.
13,069,663
20,408,221
12,303,657
Net
ry.
railway......
income
oper.
of
securities
43,385,104
10,410,550
4,768,392
Prom Jan. 1—-
Net
from
Net
ry.
—V.
railway
from
Gross
to have contemplated at the
oper.
Executive—
Lafayette C. Reynolds has been appointed to the
of Assistant to the President.—V. 155, p. 2366.
.v
dividend
A
stock,
30 cents
of
newly-created post
Co.—30-Cent Dividend—
Ewa Plantation
"
its systems,"
the common
Sept. 5. This
June 15, last.
follows: Feb. 15 and June 14, 20 cents
50 cents each.—V. 153, p. 1274.
\
share has been declared on
per
$20, payable Sept. 15 to holders of record
with 20 cents per share paid on March 16 and
par
compares
Payments during 1941 were as
each, and Sept. 15 and Dec. 22,
Exchange Buffet Corp.—Earnings—
of Electric Power & Light was only
the SEC said.
equity" held by Bond & Share in the two
sub-holding companies, the top company controlled both completely,
the SEC declared, adding that such control "permeates every stratum
and unit of the system in the most comprehensive fashion."
"For example, the officers and entire personnel of each of the subholding companies are all trusted former employees of Bond & Share
who had rendered Bond & Share long years of faithful service," it
22,033
*$17,609
22,940
$17,578
before
Depreciation
case
1941
1942
Quarter End. July. 31—
Profit
the
in
percentage
$6,278,700
1,411,997
568,700
47,013,333
12,247,513
6,208,612
59,123,544
railway......
from
Bond
seems
$7,199,692
1,977,935
1,070,502
$9,541,122
4,272,344
3,547,800
2,137,266
Net
1939
1940
1941
1942
July—
Gross
the SEC said.
Mitchell retired in 1933- after being, successively,
$40,549
$4,454
depreciation—
■
before the same adjustments,
said. 'V
to
and
the
two sub-holding companies to
the interests of the security hold¬
are safeguarded in every respect."
sub-holding companies will have one year in
comply
with
the
after
order,
which
Electric
Bond
& Share
Co.
in
cover
period of
the order entered
Aug.
22,
of Section 1Kb) of
complete or defini¬
tive plan, but instead merely set forth certain objectives which officers
and directors desired to accomplish.
The plan contemplated that the
present corporate identity of corporation would be continued, although
the plan expressly recognized that the present corporation might be
dissolved and a new corporation be utilized in order to accomplish the
objectives of the plan.
The Commission in its opinion has found that
this plan in its present form and under existing circumstances fails
to meet the statutory requirements, but as we understand it, the Com¬
mission has left undetermined the question of whether or not the
objectives set forth in the plan may not be accomplished pursuant to
corporation to comply with both subdivisions
The plan so filed of necessity was not a
order.
of the
to the
their efforts to carrv out
by amending the present
plan or by filing a further plan or plans of dissolution or of reor¬
ganization.
The purpose of the management will continue to be the
working out of a solution of the problems resulting from the require¬
ments imposed by the Public Utility Holding Company Act
in such
manner
as to preserve
all possible values in the interest of security
steps to be taken to effect compliance with the order
it is the intention of officers and directors, subject
Commission
approval of the Commission, to proceed with
the objectives set forth in the plan, either
v
stock, all on
taxes
on
Aug.
26
were
took
no
action
on
the dividends on the
account o£ accumulations on
the respective issues.-
The
of earnings.—V. 156,
provided for at 50%
Maturity—
/
been entered into between this company
has
extended from April
1,
1942, to July 1,
1957.
provides for the payment of two 1934 interest coupons
The agreement
Fall River Gas Works Co.
1942—12 Mos.—1941
$82,783
$1,017,920
$929,737
48,700
45,347
594,312
540,894
5,113
68,009
14,335
$11,914
$5,152
1,771
6,988
50,158
57,498
$13,685
___
$69,947
5,444
revenues
Operation
$12,140
$189,265
$186,256
....
Taxes
operat.
;
revenues,
Non-oper. income, net~.
Balance
Retire,
...
64,000
60,000
$125,265
6,404
$126,256
$118,862
109,199
$119,527
119,126
449
—.
457
$6,682
The
is of
the. opinion that
tax.—V. 156, p. 35^.
company
excess
6,729
accrued at the rate
it has no liability for
normal and surtax has been
Note—1942 Federal,
45%,
$128,758
5,000
declared
Dividends
$139,107
$7,140
$6,903
charges
income
Federal
-
203,338
6,333
income
Interest
56,747
216,491-
$7,352
accruals
reserve
Gross
of
-Earnings—
1942—Month—1941
16,725
Operating
profits
..
Family Loan Society, Inc. (& Subs.)- -Earnings—
Net
"
income
1940
1939
$3,702,404
$3,176,257
2,200,481
1,903,951
1,554,701
$2,396,271
$2,088,692
$1,798,453
$1,621,555
134,417
123,226
128,317
485,713
from
274,661
225,789
234,082
$1,686,609
550,462
$1,679,614
$1,449,438
$1,259,156
460,750
291,772
240,402
$1,136,147"
$1,218,864
$1,157,667
$1,018,754
49,814
131,437
133,448
1942
oper.,.
expenses
$4,2819,173
2,920,448
223,948
inc.
Operating
1941
$5,316,719
Years End. June 30-r-
Gross
...
...
Interest
Bad debts (net), deprec.,
etc.
amort.,
profit ".
Gross
Fed.
&
Net
Divs.
State
profit
on
Divs. on
Divs.
Divs.
on
on
Capital
preferred stock issues, normally up for declaration at this time.
Each
quarter from Dec, 31, 1940, to and including July 1, 1942, the company
paid a dividend of 30 cents per share on the $6 cumulative preferred
stock and a dividend of 35 cents per share on the $7 first preferred
-v
totaling $19,950 as soon as the bonds have been deposited and the
agreement becomes effective, and for the payment of interest from
April 1, 1942, to July 1, 1942, at 5%.—V. 140, p. 2354.
Surplus
Declared—
■.
been
and the
Philadelphia, Pa., trustee, for the $399,000 Fairmount
Park Transportation Co. first mortgage 5%
sinking fund gold bonds
(assumed by the transit company) under which the maturity of the
inc.
,
taxes
■
...
partic. pref. stk.
pfd. stk., ser.
130,553
37,500
793,439
A
pfd. stk., ser. B
common
stock
Balance
holders.
1941
$730,098
365,049
$1.08
V':"V\
'
agreement
Net
the Act.
directors
have
earnings
Fairmont Park Transit Co.—To Extend
An
1942.
Corporation filed with the Commission on Dec. 4, 1941 an applica¬
under Section 11(e) of the act for approval of a plan to enable
$2,116,750
423,350
$1.26
Girard Trust Co.,
tion
the
of
1941
252.-.,;
p.
1942
-
deducted in the 1942 period to
estimated Federal income and excess profits taxes.
In the same
Note—80%
Net
entered its findings and an order
requiring the dissolution of corporation and directed that necessary
or
appropriate steps should be taken with due diligence to effectuate
such order and that to that end plans should be submitted to the
Commission.
The act provides that any person or party aggrieved by
an
order of the Commission may file a petition with the court for
review of the order within 60 days after entry, but on advice of counsel
it is the present intention of officers and directors not to appeal from
1942, the Commission
:
•
....
Maintenance
Appeal SEC Order—Joe H. Gill, President^
letter to stockholders Aug. 27 states in part;
22,
•
provision for all estimated Federal taxes.
*After
Period End. July 31—
Corp.—SEC Orders Dissolution
'
taxes.......
earnings
Earnings per common share
-
*
Not to
Aug.
Ended June 30—
profit before
•Net
they may apply for a
if necessary.—V. 156, p. 603.
Electric Power & Light
See
supervise all details of
to
Elecric
Share and the
&
intention
its
"the public interest and
American
of
Bond
was
of the order to dissolve the
that
insure
it
said
effectuation
2277.
p.
Fairchild Aviation Corp.—Earnings—
6 Months
-
Net
bonds would be
rate."
SEC
The
*Loss.—V, 155,
•
contiguous with those
at 2 Rector St.,
N.
Y.
City.
All of the operating company subsidiaries of the subholding companies operate under service contracts with Bond & Share's
wholly-owned service subsidiary, Ebasco Services, Inc., whose extensive
personnel and offices are also integrated with those of Bond & Share
and
the sub-holding companies at 2 Rector St."
The Commission pointed out that neither sub-holding company had
been able to meet the full dividend requirements on their preferred
stocks in any year in the last decade, and now have large accumu¬
lated arrearages, American Power owing $35,000,000 and Electric Powel¬
ls Light owing $53,000,000,
with both figures "increasing constantly,
since neither company is presently paying preferred dividends at the
the Bond & Share office building
loss.
Net
the sub-holding companies are
Share in
Bond &
The
President of
$0.20
1942
Net
Despite the "insignificant
In
$0.37
155,
from
from
depreciation reserves.
the
$0.05
after $50,000 reserve for
Net
Vice-President,
President, and Chairman of the Board of Bond & Share.
In the case of American
Power, the Commission said that Bond &
Share was vested with effective control of the system through own¬
ership of common and preferred stock which represented an interest
of
only 3.42% in the total capitalization of American Power's sub¬
sidiaries, before adjustment for write-ups and probable inadequacies
the
893,422
shares
Eureka Vacuum Cleaner Co.—New
control
ers
*245,683
July—
Gross
through effective use of the sub-holding company
& Share was to control its system with no investment,
of
$276,122
460,506
Elgin Joliet & Eastern Ry.- -Earnings—
outset
expedient Bond
except such as
was
represented by the time and talents of its executives; and it
was only
in later years that the management of Bond & Share seems i
to have found it necessary or desirable to make some cash investments
the Mitchell plan
"Indeed,
8.72%
$589,983
*53,906
com.
ditions.—V.
that
of
per
♦Also
: ;
of
history
the
No Preferred Dividends
He
Corp..
for
156, p. 693.
Chairman of
and
$657,706
after taxes.
share
on
profit
1,237,500
vestment.
On
Edison Brothers Stores, Inc.
American
$106,306
Earn,
& Share the company and its
system were dominated primarily by the mind and spirit of one man—
Sidney Z. Mitchell.
Mitchell seems to have come to Bond & Share at
its inception, already fully alive to the potentialities of the sub-holding
company device as an instrumentality through
which Bond & Share
could exercise control of vast utility systems with a minimum of in¬
second year,
——Increase
Net
1942—6 Mos.—1941
1942—3 Mos.- -1941
inc.
taxes
companies as pyramiding devices,
& Share was able to control the
and Electric Power with a dispro¬
this connection, Sidney Z. Mitchell,
the Board of Bond & Share, came
criticism.
severe
"Throughout
which
Thousands of Kilowatt-Hours
Bond
emphasized,
systems of
entire
required
1942 the System inputs of client oper¬
Aug. 20,
week ended
the
has
Services, Inc.—Weekly Input—
Ebasco
For
corporation
this
that
sub-holding
two
before
profit
$992,500.
Canadian sub¬
-Earndings—
Electrolux Corp.
237 direct
domestic and foreign
earnings include $101,412 for
net
tl,661,156
2006.
p.
Period End June 30—
Net
$2,653,656
as
estimated domestic and foreign taxes of
Note—Consolidated
The
Commission
information
155,
-
of $2,029,818, computed on the basis
to the rates likely to be applied.
profits taxes
excess
available
latest
tAfter deducting
$2,889,561,848
utilizing
By
the
common
sidiaries.—V.
company
operate in 11 States and serve 2,808,000.
was
.
$7,462,336 $10,460,425
share—$2.94 u
$4.15
profit
subthrough which it would
and aggregate consolidated book assets of $3,-.
operating companies of the system generate elec¬
tricity and sell gas in areas having a population of 12,000,000 located
in 32 States, and, in addition, foreign subsidiaries operate in 12 coun¬
tries, principally Central and South America and Cuba.
The operating companies of the system
in the United States last
year generated approximately 13% of the total kilowatt energy created
by all utility companies in the nation and sold about 14% of all gas
sold by utility companies in the country.
The
two
sub-holding companies ordered dissolved have combined
consolidated capitalizations of approximately $1,347,000,000 and con¬
solidated
book assets
of about $1,600,000,000.
The subsidiaries of
American Power &: Light Co. operate in 14 States and serve a popula¬
tion of 2,740,000, while subsidiaries of Electric
Power & Light Corp,
of
434,468,571.
"The offices of
Net
of
subsidaries of Bond & Share and
consolidated subsidiaries have a combined consolidated capitaliza¬
sub-holding
five
The
and
income
subsidiaries of the latter form the base."
indirect
and
per
1941
1942
.
deducting all charges and provision for
♦After
& Share of establishing
and approximately
tier,
intermediate
an
Subs.)—Earnings—
,taxesj^cj-$3,862/411
.
*932,593
share
•
$1.03
income
taxes
after
Earnings
wanted to conduct transactions with affiliates.
described the system as "a pyramid-like structure
Bond & Share itself constitutes the apex, five sub-holding
create
before
v
Earnings
which
companies
Scurities
6 Mos, End. June 30—
Earnings
its
The
Interest
has
Commission
The
the
of
order
be dissolved.
It was stated that the earnings, however,
adequate to continue the partial payments.—V. 156,
than
more
Electric Storage Battery Co, (&
investment in certain securities while retaining dominion
over
them through control of the new company," and of enlisting the
services of
"an impecunious art dealer"
as a
"dummy" when the
system
recent
company
693.
p.
as
accused Electric Bond
Commission
The
"recoup
Mr.
Kodak Co.—Earnings—
nor
holding companies to serve as instrumentalities
in
Eastman
the
the
Act.
pany
deposits,
customers'
now,
except
the $7 preferred and
dividends were omitted because
and' Exchange Commission that
explained that the preferred
was
were
there ever been, reason or purpose for
instrumentalities through which Bond 8?
Share is able to control their systems by a pyramiding arrangement
wholly repugnant to the statute," the Commission declared in issuing
its order under Section 11
(B) 2, the corporate simplification section
of
the
"death
sentence" clause of the Public Utility Holding Com¬
not
is
existence
tion
21,263
19,484
Public Service Co
of
unnecessary."
of
Gross
It
24 by the Securities
Aug,
-mader iw%Ianuary;*> 1933.-y Arrearages* as^ab
were
$57.40
..
issued
was
payments
1, 1942, will amount to $66.56% per share on
on the $6 preferred stock.
'
Oct.
and Exchange Com¬
mission requiring the dissolution of the American Power & light Co.
and
Electric Power & Light
Corp., major sub-holding companies of
the Electric Bond & Share Co., because they were found to be "wholly
order
An
"There
Period Ended June 30—
previous
Dissolved
American Power and Light Co.
and the Electric Power & Light Corp.—Perform No Use¬
ful Function—
.!»■■ * ./:
>
-
—SEC Moves Against
their
Total
Share Co.—Units Ordered
Electric Bond &
Pacific Ry;—Earnings—
Duluth Winnipeg &
Monday; August 31, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
780
to
Prior
surplus
$257,666
$231,699
$239,380
4,443,893
3,193,307
2,349,607
29,644
1,114,864
.
$4,760,760" $4,731,204* $4,539,871*
surplus
year
adjustments
Total cap.
61L283
$174,654
in
Total
Appropriated reserve
118,277
22,317
770,202
4,586,105
surplus
prior years
surplus paid
37,500
792,261
742,216
$3,331,204
Cr4,238
82,909
__
$4,677,850
$4,586,105
100,215
145,098
Dr60,833
77.055
$4,443,893
$3,193,307
and earned
*
«■
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 156 '' Number 4103
Consolidated
Condensed
Assets—Cash
receivable
ture
and
hand
on
(after
fixtures
deferred
Sheet, June
banks,
notes
$2,434,629;
receivable
80,
1945}
notes
instalment
furni¬
$4,316,140;
(net),
for depreciation, $216,826>, $272,734;
other assets, $11,969; total, $22,821,417.
reserve
$94,948;
charges,
Balance
in
and
$15,690,998:
(netl,
tificates
the
exchangeable
are
Lawyers
York,
New
Carl
Trust
N.
M.
Co.,
stock
common
of
the
represented
voting
trustees,
Sixth
thereby, at
Broadway,
135
Philip
151,
S.
McNally
and
Harry
Forsyth
voting
are
At
2191.
p.
Supplemental
June 30,
current
and
of
payable,
preferred stocks,
debentures,
$5,950,000;
Federal and State
$370,011;
due
amount
taxes
on
common
Bankers Thrift Club,
(including incomes and ex¬
Security
accrued
profits), $606,927; interest on debentures, salaries, etc., accrued,
10-year 2%% sinking fund debentures due July 1, 1951, $3,-
cess
$82,417;
certificatesissued, $4,316,140; preferred stock, series A (87,035% shares no par),
$1,740,710; preferred stock, series B (25,000 shares no par), $500,000;
common
stock
(495,899% shares no par), $909,149; paid-in surplus,
300,000;
$2,896,006;
contingencies,
for
reserve
Net
income
Net
income after
Earnings
$22,821,417.—V.
total,
before
per
♦After
taxes
Act of
taxes—
,*_.—
for
income
1942, after
after
the
deduction
stock.—V,
156,
taxes,
computed
of $78,975
p., 603.
and
155,
of
dividend
under
the
in
preferred
directors have
stock,
common
The
directors
Aug.
on
share in addition
per
share
the
on
Sept.
30
each
A
issues
class
record
March
on
Like amounts were disbursed
last.
Extras of 10 cents
Sept.-19.
and
31
June
Inc.—Earnings—
The
v
Net
*_**__-**.*L_**--_-L_-*.
profit
Depreciation
"Federal
$1,786,806
"
249,755
-
—L—
normal
(Federal
;
1941
$1,427,595
250,070
291,176
206,581
1942
taxes.——
income
366,750
profits taxes.—645,847
excess
$1
Sept.
15
paid
on
each
1941
were
50
holders
to
March
follows:
as
of
of
16
Feb.
cents
5.
directors
the
plus
Aug.
on
25
voted
dividends.
The
proceeds of the sale of
Investment
meeting
a
15,
June
Pay¬
14,
———-——I
$524,455
outstanding818,568
common stock———LI-*-*.;---*--.
$0.64
profit
Per share
on
♦Proposed
law
1942
1942 law at 90%,,•—V,
45%v(Proposed
at
252.
p.
$679,767
818,568
$0.83
shares
redemption
:
v
.
•••
,
Fitzsimmons Stores, Ltd.—Smaller
;
Mr.
,
be
effected
Electric
Co.,
share,
a
of
out
the
The
Corp.
at
24
action
which
of
subsidiary,
a
the
Gamewell
156, p. 604.
stockholders
.
declared
have
quarterly
a
Dividends—
gave
record Aug. 20.
This compares with 10
cents per share paid on both issues on March 1 and June 1, last, and
on
Dec. .1, 1941, and 20 cents each on March 1, June 1 and Sept. 1,
1941.—V. 149, p.; 3555.
..
'7
' . ;v ^
payable Sept.
to holders of
1
.
East Coast
Ry.—Large Holders of 1st & Ref.
for the first and refunding 5%r
bonds, series A, are advised by the committee of which A. M. Anderson
Is Chairman, that the amount of bonds remaining on deposit may make
it impracticable for the committee to continue to represent bondholders
because future expenses would have to be spread over too small a
volume of bonds, reduced as it has been by acceptance of the du Pont
estate
offer,
Three
the
du
987,000.
bonds
will
decision
definice
The
The
be made
after
Sept.
5.
decided
withdraw
to
of
York
New
still holds
$1,192,000
& Trust Co. of Baltimore,
from the committee any bonds remaining on
holder,
big
Safe
Deposit
at the expiration of the du Pont offer but does not intend to
the offer with respect to most of the bonds held in trust.
Of the $5,974,000 bonds not held-by institutions represented directly
on the committee, acceptances of the du Pont offer have been received
from
holders
of
$754,600,
declinations
from
$238,200,
holders of
$213,000 have withdrawn, and no response has been received from
deposit
of
$4,768,200.
George C. Cutler will resign as a member of the committee at the
of the withdrawal of the bonds held by the Safe Deposit & Trust
time
and
Co.,
Mutual
expects
Life
Co.
the same action when the
has sold Its holdings.
Harry
Insurance Co.
Life
July
For
Earnings
and Year
from
Net
from
Net
ry.
railway—-
railway
.
-
$1,586,264
721.789
of
the
&
Gas
latter,
designed
as
the
assets
*112,969
10 099.083
from
7.426,278
2.262.912
Net
ry.
4 372,927
railway-
oper.
•Deficit.—V.
•
•
202,419
*
6,930.188
1,873,133
—
—
6,177,767
1,860 668
$50).
"6%
Period End.
expenses!*—
Operating
506,876
—
taxes
Property
serve
Net
88.945
2.056,080
1,402,609
85,274
76,938
976,925
916,253
175,000
158,334
2,016,666
plant
each
Operating
income
$5,584,455
$6,085,875
L'-I'I%786
2,650
$353,216
$410,958
income.—
$5,585,241
128
640
36,094
be
$5,621,335
$6,883,191
bonds—
216,667
216,667
2,600,000
2,600,000
bonds
110.000
DO.000
1,320,000
1,320,000
deducts.
27,944
93,631
349,256
308,962
2,163
49,239
47,519
$56,475
($64,279
$1,401,318
For
Int.
Int!
on
mtge.
preferred stocks-.--—
1,153,008
1,153,008
debenture
on
Other
Int.
——
int.
and
charged
to
struction—Cr
con¬
*——
Dividends
applicable
Balance
to
—*——...—$248,310
————,
and
provisions
the
v.
156, p. 341.
on
Fonda, Johnstown & Gloversville RR.—Earnings—
Total
Ry.
ryi
oper.
Ry.
revenues
oper.
'
expenses
2,719 '
accruals..——
tax
1942—7 Mos.—1941
$395,032
$330,350
274,700
232,313
1.942—Month—1941
$57,534 ■
$45,388
40,923
34,916
Period End. July 31—
16,649
18,564
,*'2,496
income
$13,892
$7,975
$101,769
$81,387
(Or)-!!—*—-
452
1,317
4,338
5,552
$13,440
$6,658
$97,431
10,361
11,024
.11,119
Water
rents
Net
ry,
Other
oper.
>
income>
income
——-
:
.
been
of
Total
fixed
...——-
from
./
inc.
.
is
in
the
issued,
the
than
charges—'.*
.
to
stock
of
pany.—V.
156,
The
rials
cash
.•
Income
♦Deficit.—V;
40
156,
p.,341.
Exchange Place
It. was announced on
uly; I,
f
the
lg
■
'■
the
Gas
shall
be
series
y:.!v.'v
—
—
920,981
20,000
45,386
;
<
——_
loss
337,965
expenses———
..J—
bank
for
&
accrued
retirement
of
bonds
war
accrued.
or
'
'
preferred
other
of War
and
61
35,000
...
.1,
I.
...
Damage Corp...*
liabilities
1,250,243
....IIIZ
stock.
subscriptions.........
account
200,852
....
interest
1st preferred stock
$1,677,162
3,706,443
229,062
.1.11II—
premiums...——.
items..
843
2,764
359,252
.....
($15 part
277,500
...
501,060
75,000
....
1.200,000
*—____
2,422,834
*
is
of
Gross
for
Electric
&
stock
and
Gas
Electric
&
cash
plus
there
equal
Gas
&
the
the
to
the
The
July.—Y.
in
dividend
$2
of
stock of the consolidated com¬
156, p. 429),
V.
(compare
effort.
disbursed
was
Operating
salaried
of
the
in
States
United
1941
employes
280,347
was
1942
$57,050
'
shifts
in
the
on
the
during
month
Jan. 1 to
'
Aug. 14
1942
1941
$1,113,783
first
is
4061.
•
...
directors
no
This
Aug.
28.
20,
20,- 25
155,
have
stock,
" •
<
-
'
•
declared
•' •
,
Oil Co.
...;
(N.
•
each;
2094.
p.
payable
with
30
Sept.
cents
1941
Sept. .20,
19
each
were
40
to
15,
per
share
payable Sept.
10
cents
15
1941.—V.
L-LL!**-*—*'_*ILL—
$16,209,958
_____
221,403
750,078
each
cents
155, p.
each
April
on
1311.
,
on
'
;
...
*_.!„
$5,757,81;
1,860,83';
2,647,321
...
**_—
tax
481,300
$15,703,267
...
9,652,900
%
270,328
......
134,49'i
$3,138,719
$3,762,480
893,298
2,245,420
2,708,964
2,792,075
2,765,909
$0.77
♦Net Income applic. to stock of corporation..__
Average number of common shares outstanding
$0.95
share——.—
common
50%
1,053,515
Pennsylvania Greyhound
the voting stock of which is owned by Greyhound
of
Corp.: $279,620 in 1942 and $142,477 in 1941.
shares
of
for
outstanding during the
ended
'
Federal
June
1941,
rate
a
made
was
tax
at
for
the
and
surtax*
profits
been
45%
of
.
used
(the
1941
30%
90%
rate
the
in
the
(None
tax
amount
of
bill
the
recently
combined
provision for Federal normal and surtax would have been approximately
$159,100 less than reported in the above statement and at a rate of
40%
would: have
$424,200 less..
been
;
,
follows:
vision
—V.
,
such
for
for
the
declared
15,
16
of
record
20
March
20,
June
Federal
excess
profits
1941,
year
legislation
tax
1941,
as
155, p. 2279.,
finally
•
,
'
provided,
amounted
V
.
to
no
88,959
92,807
Earnings
'..$2,319
$7,139
*$15,983
and
common
1.
15,
Sept.
last,
20
June
Dis¬
;
;■
;
1942
1941
1940
$2,884,002
$2,010,938
$1,394,714
1,183.645
679,085
101,454
500,749
339,648
*131,808
17.364.981
13.094.176
10.425,840
6,292.371
July—
Gross
4,290,694
2,098,939
2,718,626
2,075,174
506,475
'
from
from
railway..**——*-——
railway.—.———
Income
.___*_;
from
Net from
railway.————-
railway—
Net
railway operating income.***—
■..'".•Deficit,—'V. 156, p. 429.
,
1941
$103,283,542 $98,005,059
• *3,103,087'
(6,646,033
'
common
share
charges,
$1.59
including
provision
domestic
for
$4.31
and
Note—The
the
six
provision
months'
Revenue
Act
1942,
The
what
effect,
as
passed
report
if
for Federal
period*
said
any,
was
income and
estimated
by
the
it
was
House
on
of
impossible
renegotiation
excess
the
basis
profits taxes
of
the
Representatives
at
provisions
this time
of
for
proposed
on
to
Section
of
total
On
$38,000
1941
18,
Aug.
redemption
had
of
•
1st
a total of $9,000 of these bonds previously called
not been presented for payment.—V. 155, p. 919.
foreign
income
and
excess
profits taxes of $14.068,COO, and a reserve of
$1,000,000 for contingencies.
(After provision of $4,741,000 for taxes,
and a reserve of $1,000,000 for contingencies.
.
,
(closed) mtge. s. f. 4V2% due Oct. 15,
1961, have been called for redemption as of Sept. 21, 1942 at 101% and
int. Payment will be made at the City Bank Farmers Trust Co., trustee,
22 William St., New York, N. Y.
A
1942
:—
Li———
all
•
,
I:
and
Goodrich Co. (& Subs.)—Earnings—•
per
pro¬
$2,303,884.
From Jan. 1—
Sept.
16,
of
made, although the total Federal excess profits
was
Gulf Mobile & Ohio RR.- -Earnings—
and
20
80. cents.—
the
on
and
tax
share on the
Net
Mar.
uncertainties
the
to
prevailing during the six months period ended June 30,
'
"
March
on
(Due
.
131,
Gulf States Steel Co.—Bonds Called—
(B. F.)
six
1
$48%.-.
tax—_
the
following
'
.
the House of Representatives)
by
the average
upon
profits
1942
excess
§Had
and
tBased
period.
excess
30—
normal
passed
1942
and
'
Federal
ma¬
30,
income
'
Federal
tax
holders .of record
made
:
to stock of subs, consoli¬
dated, held by public.—
June
*
has been
to
15
were
$6,239,113
,
500.691
taxes
Net' income
Works—Larger Distribution—
20 «ents
with
compared
Dec.
3,513,602
taxes
Gross
of
1941
22,358,834
$5,489,034
profits
rates:' :
gasoline
'
-
per
and Dec.
^
$2.50,
par
last.
cents
$52,062,291 $31,361,471
....
taxes..........
Net ry. oper.
dividend
2,
25
3,950,649
excess
months
war
holders
paid
as
cents,
■
Globe Knitting
stock,
July
Oct, 1,
$15,988,555
income
number
,
J.).—V.
/
.
of'50 cents
dividend
a
value,
par
compares
cents
and
and
like
A
<
of Standard
Payments during
last.
*
——
Federal
21 a total of 2,300 employees of
Mass., assembled to accept the new
Glen Alden Coal Co.—50-Cent Dividend—
The
15
on
value,
par
32,123,087
Federal
State income
Aug.
subsidiary
a
'
common
April
July 1
no
Sept. 19.
2366.
p.
deductions
(Provision
"
,
order,
Government
company
1,
B,
!—*_,*—_,.
$869,955
tanks, the plant at West Springfield is now in its fourth
year
building artillery components for anti-aircraft and naval guns,
it was announced.
Its personnel has more than doubled since receipt
the
on
April
155,
accumulations
1942
———
revenue
income
Incoine
com¬
and
This
75 cents.—V.
of
class
record
income
Gross
Lines, Inc.,
high achievement in producing
in
manufacturing
oil burners,
Army-Navy "E" award for
terial.
Normally
engaged
pumps
and
Net income applicable
Co.—Government Award—
on
at West Springfield,
company,
A
♦Includes equity in net income applicable to
1941
$53,400
:
'
change
issues
follows:
as
account
on
class
1 to holders of
these
on
were
revenues
operating
Other
>
;
Barker Mfg.
&
the
share
per
Net income before income
'■
hourly
and
694.
p.
Net
■
''
-.•v
•■
695.
Gilbert
cents
preferred stock,
declared, payable Oct.
Operating expense
Depreciation
and of''trucks, Diesel
Government
considers
week Ended Aug. 14
p.
25
cumulative
6 Months Ended June 30—
an
in all of 1941
revenues
156,
450,477
Greyhound Corp. (& Subs.)—Earnings—
own
be out¬
to
25 announced that deliveries of war mate¬
United States and Canada in the month
.Period—''r.'v
—V,
1,817,307
1,807,501
accrued
will
Georgia & Florida RR.—Earnings-
Operating
3,251,701
the
number
156,
5,879,269
4,082,091
•
war
payroll
pany's
3,931,152
2,419,763
156, p. 342.
each, and Dec. 31,
of
Corp.—War Deliveries Increase—
$156,892,348,
average
*32,981
11,981,979
Income*'..;
Payments in
694.
plants
the
to
12,610
14,085,964
railway......
oper;
has been
to be
is
Electric
585,696
17,898,648
Great Lakes Paper Co., Ltd.—Accumulated Dividend—
A
shares
preferred stock
the
locomotives
essential
from
ry.
'
General
126,210 shares of 5%
771,706
16,742,000
unpaid
debentures.
merger
income...
railway....
•♦Deficit.—V.
Lexington
50,000
161,670
"
by General Gas & Elec¬
debentures,
$1,585,245
215,570
oper.
amount
and
1939
$1,722,070
836,093
from
Net
basis.
a
of
1940
$2,629,384
From Jan. 1—
Gross
agreeing
again
such
on
stock
common
manufacture of. war material
and
other
products, which
the
in
ry.
1941
$2,794,000
railway.969,310
from
Net
railway....
7%
of
RR.—Earnings-
1942
from
Net
Carolina
shares
588
3747.
p.
July—
be
to
and
company,
$11,938,075
151,
Grand Trunk Western
''
Electric
the week ended Aug. 16, total General Motors hourly rated
employment in the United States was 234,031, an increase of
over
the week ended July
12.
These factory employes are
profit
its terms,, .voting trust cer->
3,195,028
5,374,579
*—
A,
by General Gas & Electric to
bonds
company,
and
sales
1936. under which voting trust certificates representing shares
capital stock of the above corporation are issued and outstandA
useful
$1,220,733
*11111
$2,316,226)——III
Total
-V.
During
Net
h«<i heretofore .terminated .pursuant: to
accrued
unearned
from
shares
accumulated
surrendered
be
General
proposed
eries of $406,149,273
Net
Augl 12 that the voting trust agreement, dated
products
*
Surplus
increase of $15,291,284 over deliveries
in June.
This brings the total deliveries of war materials during the
first seven months of 1942 to $785,331,500, compared with total deliv¬
12.432
Corp.—Voting Trust Terminated-^.
and
2nd preferred stock ($15 par).*
cumulative Junior preferred stock ($15
par)
stock
($15 par)......
$75,835
■
materials
new
$11,938,075
all
$5
for cancellation.
to
of
bonds
p.
its
$89,256
.
its
ma¬
30, 1942—
losses and
cumulative
for
$7,665
the
Common
by
owned
stock of South
the
the
for
certain
corporation on Aug.
from
♦After
Net
to
assets—__*•
for
consist
.
preferred
deliverance
of
Motors
July totaled
12,453
,
South
Water
will
Carolina
holders
43,394 shares of common
General
as
rubber-like
156, p. 695.
taxes and conting. comm. due
held under reinsurance treaties.
Reserve
$4
preferred stock of South Carolina
of 5% preferred stock of the
General
will
the
stock
the
standing and
A
and
$5 cumulative
preferred
company
consolidated
public
issued
be
shares of the
123,776
$108,550
,/
for
Reserve for
by General
those
150,000
preferred
in
with
states,
such
on
Following
.
rubber
prob¬
assignments
continuing
production facilities have
manufacture of vital war equipment
„
and
Funds held
of
shares
two
paid
be
company
preferred
interest
•'
while
—
Net
To
stock,
Such
plan
and
South
the
prior
issued
to
consideration
In
.3,138
'12,226
$17,682
$23,801
3.419
.12,717
..
the
to
due
Employees
of the
Lexington
owned
are
6 Mos. End. June 30—
income
deduct,
distribution
submitted
'
Total
Misc.
the
any.
be
are
Power.
consolidated
V.
man-made
Reserve for general contingencies....*..
the
of
preferred stock of the consolidated company
amount of cash equal to the accumulated
an
tric, which owns all of It,
13,421
operating
Ry.
Net
5%
if
that
bursements of
'
of
plus
to
securities
No
June
,
unprecedented
additional
program,
...
•
into
Co.
subsidiary
a
iv'!!' %!y:
exchange its 12,517 shares of 7%
p.
Collyer,
stated
that
whole-hearted coopera¬
the
undertaken
rubber
for exps.,
Loan
and 3,374 shares shall be designated
,
y
stock
company.
June
•
is
dividends
for
$261,850 for the
to
for
Corp.,
146,266 shares
stock
share of $6
there
$1,548,740
Federal taxes of $15,086 for the current
12 months ended July 31, 1942, additional
amounts required under the Revenue Act of 1941,
(Deficit.—
♦Includes
month
Power
program
consolidated
outstanding share of 7%
there
preferred
this
of
L.
Its
meet
mortgage loan..***—._■*.—:.
admitted
Reserve for
,
recapitalization
favorably
stock,
common
common
shares
consolidated
of
income
Net
for
each
Electric
$2,701,748
income
Water
securities
$100),
,
value
dividends,
unpaid
the
of
preferred stock,"
two
794,666
$353,856
field
John
to
Liabilities-
succeeds
.
Gas which
less
(par
stock."
par
outstanding
With
Gross
treated
preferred
exchanged
$6,088,525
$411 086
(net).—
"5%
will
of
the
Government
(Earnings per
221
—_L*-—
(net)
,
$352,995
$410,958
revs
oper.
-
be
shares
the
Of
exchanged
1,975,000
retirement re¬
appropriations.
Rent from lease of
Other
100.682
——
taxes
•Federal
Other
•
$1 204.957 $17,358,993 $16,577,541
6.197,804
6,724,867
527,745
$1,278,790
has
certain
was
I
Reserves
filed Aug. 26 with the SEC,
was
which
capitalization
$100
engaged
1942—12 Mos.—1941
1942—Month—1941
July 31—
revenues.—
Operating
plan,
will
preferred
The
factory
Light Co.—Earnings— 7 V- <;/.
&
it
Chairman
823,402
Res.
Electric
&
Carolina Electric &
common
designated
of
period,
holders.
(par
5%
the
com¬
III—,
suc¬
V
•
.
the
and
overall
an
Commission,
Electric
16,051
Florida Power
the
S.
P.
70,000
to
in
Co.
Gas
to
According
other
has
It
increasingly
estate and
Other
to
Assistant Controller,
2278.
p.
Lexington
Electric Corp.,
Power and South
&
step
a
General
Associated Gas &
225,585
914,518
1,259,270
income-3,528,983
156, p. 694.
1939
$378,511
123,882
*125.938
*227.884
..
'
railway—
from
Net
the
of
Carolina
of
were
on
signatures of Board
has given
effort
other
Total
and Treasurer
'.t:
1940
$512,384
From Jan. 1—
;
Gross
a
Date
$573,876
*22.329
,,
657,834
income—
oper.
To
1941
1942
July
Gross
take
to
Insurance
indicated his intention of resigning since the Metropoli¬
has sold all its holdings.
C. Hagerty has
tan
Walker
W.
F.
Northwestern
Klages,
155,
merger
accept
holders
for
Electric
to which a decision on acceptance has not yet been
as
fifth
Bank
National
First
deposit,
on
made.
has
A
large holders of the bonds, the Metropolitan Life, Northwestern
and J. P. Morgan & Co. Incorporated have decided to accept
Pont offer with respect to the balance of their holdings, $1,~
Mutual,
Controller.—V.
Authorized
deposit
of
certificates
F.
Electric
of
of
E.
Carolina
5s, To Sell to du Pont EstateHolders
Shick.
South
Gas
Florida
elected Secretary
has been
V.
H.
as
plan
its
synthetic
at June
as
Interest
-
dividend
end
and
Inventories
materials
Demand note of subsidiary company——
*111111
Premium balances (less ceded reinsurance
balances)—II*
.
.
—Moves for Distribution of Assets—
A
directors
In
development of essential
S.
Real
to
fol¬
directors
General Gas & Electric Corp.—To Merge Two Utilities
-
President
company
war.
effort."—V.
war
Funds
.
the
Stocks (includes subsidary companies at
Cash on hand and in banks
.r_
156,
of five cents per
share on the 5%
cumulative participating class A stock, par $1, and
on
the 5%
non-cumulative participating class B stock, par $1, both
The
late
Cuoio
the
$99,879,662,
1.
Globe & Rutgers Fire Insurance Co.—Financial State¬
about Sept.
stock at $105
will
Holtzer-Cabot
Trust
Aug.
on
Anthony V. Cuoio
the
the
in
Bonds—All
for
retirement
approval to the subsidiary's sale.—V.
ceed
devoted
ment
25, cents;
General Cigar Co., Inc.—Officials Promoted—
Net
Common
at
over
to
raw
-
Commercial
lowed
the
prices
to
3.58
and
(signed
loss and
and
Assets—
company's 14,096 shares of $6 preferred
accrued
of
market,
Act
profit
company's skilled personnel and
Bonds—U.
call
to
The
to
the
This
last.
Sept.
June
$1;
the
on
share on the
per
record
and
15,
to
To Retire Preferred Stock—
156, p. 352.
Quarter End. June 27—
during
dividend
a
and
the
by
activities
and
Sept, 15, 50 cents, and Dec. 15, 50 cents.
25
First National Stores,
payable
with
compares
ment^
30,
and Dec,. 22, 1941.—V.
paid on June 30
were
declared an extra dividend of five cents
usual quarterly dividend of 15 cents per
B common stocks, par $5, all payable
24
the
to
and
holders of
to
these
on
class
declared
market
or
stockholders,
Government's
terials.
■,
,
Gamewell Co.—Smaller Common Dividend—
The
ratio
a
cost
Government
raised
been
Finance Co. of America at Baltimore—Extra Dividend
below
to
Goodrich
the
the
own
1834.
p.
M.
to
lems
proposed
the
011
of
"throughout the period
tion
for excess profit taxes,
requirements
report
David
$1.02
reserve
a
The
*404,738
—
share———
$27,913,708,
lower
were
Appropriations
have
stated.
July 11, '42 July 12, '41
$835,498
$683,419
1.
_*
income
common
provision
Revenue
mitment
Stores, Inc. (& Subs.)- -Earnings—
28 Weeks Ended—•
investment
$27,839;
$1,781,843;
surplus,
earned
Food Fair
instalment for retirement
sinking fund
$240,373;
$100,000;
payable
dividends
the
at
Defense
eventually
total current assets amounted
1942,
liabilities
valued
Liabilities—Notes
National
April 28,
1942)
may
surplus accounts.
Y.
Owen,
trustees.—V.
for
agent
781
Julv
20,
anticipate
403
of
the
Withdrawn—
Hamilton Watch Co.—Statement
The company on
filed,
on
Dec.
cumulative
issue
6%
the
30,
Aug. 24 withdrew its registration statement
bulk
preferred
(2-4926)
shares of 4%%
1941. " The statement covered 39,382
preferred
of
and
the
stock
new
(par
$100).
preferred
offering the
in
The
company proposed to
exchange for its outstanding
rest of anv unexchanged stock to the
public through unrerwriters.—V. 156,' p: 514.
-
"
to
Statement, June 30, 1942—
Bonds
_
stocks
Common
•——.
.
(wholly-owned)——
stock
Co.
Insurance
Fire
estate
—
—-—-.—
—,
Total
!„
—;
——
—
—
in process of
Capital
surplus
—V.
—.
,
—
'
l-L-
—
.
1276.
—
Provs.
/:
■
directors
Aug.
on
declared
25
the
This
stock,
Payments
2
Sept.
Dec.
Dec.
and
1,
152,
1941.—V.
1,
revenues
Operation
$44,668
$557,855
the
at
the
—
3,001
32,014
87,153
$6,492
$7,112
$74,580
$87,206
263
1,288
7,805
10,569
$8,400
$82,385
$97,775
2,917
35,000
35,000
$3,838
$5,483
$47,385
$62,775
26
43
505
763
Non-oper. income, net
Balance
Retire,
$6,755
—
2,917
accruals
reserve
,
Net
charges
income
declared
Dividends
—V.
•Of
1942,
Other
Other
$107,564
parent
companv
Court
same
the
floor
265
1,491
Federal
$224,081
18,454
61,883
$43,059
seeking
was
$162,198
"double
a
of
stock
common
Aug.
Exchange,
being
received
for a
50-Cent
Earned
payable
June
a
A
and
oper.
exps.
cents.
32
the
quarter
1940.—V.
common
stock,
distributions
during
each,
payable Sept.
made
were
cents
holders
Dec.
15,
to
new
of
276,772
a
on
pay
15 to holders of record Sept. 5.
Similar
14 and June 15, last.
Pavments
March 4. June 16 and Sept. 15, 25 cents
p. 695.
Trust
its employees.
j
Corp.
on
All plant
Aug.
24,
authorized
workers will have
pay
32,849
income
on
per
10,777
629,966
for
of
480,000
$0.74
1941.
186,856
Notes
13,000,000
14,000,000
——
U.
Patents,
Fixed
18,117,650
18,375.175
Deferred
493,896
11,638,819
:> Total '
$82,550,416 $86,548,298
Accounts
156,
(net
$687,532
$605,511
$4,781,646
458,014
3,245,581
$147,497
$1,536,066
9,964
73,210
76,406
$1,609,276
$1,328,365
143,928
148,391
1,030,575
$21,424
541,098
10,000,000
1,054,491
$9,070
$578 701
118,496
118,554
829,821
$251,120
interest
adjustment income bonds.
on
declared
-V.
1276.
153, p.
of $1.75 per share
payable Sept. 30 to holders of record
quarterly dividend
of System—
.
v
.
1942—7 Mos.—1941 1
1942—Month—1941
$
$
18,510,495
11,458,429
revenues—
expenses—___
$
40,852,110
17,739,238
22,303,644
6,939,959
2,901,997
236,06Q
3,573,902
accruals———
: 3,170,700
"1,487,997
facil.
',
:
81,565
'
.
Dr)———
540,655
Income
3,340,711
2,004,340
20,210,875
>15,127,625
!
76,171
72,166
515,527
28,010
478,781
income
Other
Misc.
■;
,
avail,
for
•Net
' - 26,404
*
'•
20,698,392
15,580,002
1,211,798
9,351,088
' 9,403,794
860,885
11,347,304
6,176,208
2,072,683
1,332,426
2,080,062
chgs-
•After
providing for
Federal
Income
taxes,
ICC
on
company
with
issued a certificate permitting abandonment by
line of railroad extending from the point of con¬
Freeport-Madison division at Red Oak, 111., In a
Aug.
of
a
the
7
general northwesterly direction to Dodgeville, Wis.,
miles,
in
Counties,
Stephenson
Wis.—V.
$715,598
153,
.
Hydro-Electric
Power
cost
of
;
of
1277.
p.
;
-
U.
S. Treasury
'
tax?
Liquida¬
System—Files
Holdings to be Distributed
Association—
-
!,
—
.
County,
156,
p.
111.,
430.
and
Green,
approximately 57.36
and Iowa
Lafayette
of
ment
in
of
full
the
remaining assets to
debenture*
by IHES,
holders
will be
pro
of
Brief
thereafter
Respecting
its
•
the"
accordance!
r
;
'
Summarized-'
common
distributed
rata In
as
soon
as
practicable to the deben¬
exchange for a part of or as a partial pay¬
account of their debentures and
on
and
the stockholders in
stock of Gatineau Power Co.
1,434,672 shares (or 54 shares per $1,000 face amount-
1,439,024, shares
debentures)
ture
the
respective rights in final liquidation.
"vPlan in
the
owned
of
in
investment
New
interest coupons.
England .Power
>
Association,
the
plan contemplates that the latter company as a result of SEC's simpli¬
fication
proceedings will be reorganized which will, result in IHES
receiving new common
mon
stock
of
NEPA
holding company shares in exchange for com¬
which
it
now
holds
and
will receive nothing
for,
which it npw holds.
Upon completion of such reorganization the new securities represent¬
ing the present investment of IHES and NEPA will if and to theextent necassary for complete satisfaction thereof, be distributed to the
debenture holders at such values as may be approved as fair and
equitable in exchange for all or a part of or in payment of or on
account of the balance of the debentures then remaining unpaid.
the options
for reorganization of Hudson River Power Corp. and
Properties, Inc., is now under consideration. It is anticipated,
to approval by New York Public Service Commission and the
SEC, that the two will be merged into fc/singl'e corporation, with only
a
common
stock structure, that their publicly-held debt will be re¬
financed at a lower interest rate and that IHES will receive in ex¬
A
Abandonment—
The
nection
in¬
!,
income
1942
.
leased
fix.
etc.,
'
fix.
3,412,488
for
rent
RRs,
3,823
4,394
deductions
Income
the
new
their
,v ■■■
^.
oper.
ry.
in
satisfaction
the
to
distribution
Of
Net
deducting
..The company on Aug. 26 filed with the SEC a plan of liquidation
comply with the Commission's order.
;
.
:
.
.
Briefly summarized, the plan provides for applying towards the pay¬
ing of* its debenture indebtedness such of its assets as are now in
form for disposition, converting its remaining assets into such form that
they may properly be disposed of and applying them to the extentnecessary to the payment of the remaining debenture indebtedness and
distributing the balance to its preferred and class A stockholders on
a thorough dnd eqhitable basis in final liqudati'on,
*
"
The plan Is based on the assumption that In the liquidation each'
class of securities in the order of seniority" must "be fully satisfied before
anything can be applied to any security junior thereto, but that the
liquidation must be carried out in such manner as to avoid any un¬
necessary
sacrifice of values or other unnecessary hardship on the"
junior security holders.
The plan accordingly contemplates first the
application of the assets in cash or kind depending on the individual
circumstances from time to time as they are available for such applica¬
76,944,384
54,640,740
7,052,066
Joint
1,812,231
'
with
12,059,706 114,186,423
8,485,804
73,334,313
oper.
(net
1,916,047
—
'; —$12,193,818 $12,464,562,
New England Power
Co.—$1.75 Dividend—
a
$100,
par
oper.
&
25,46364,347
To Debenture Holders—Plan Involves Reorganization of
$556,004
Ry, oper.
rents
surplus
Total
tion
Equip,
—
tion Plan—Gatineau
829,879
$109,484
$
tax
——»
—
International
i." $273,875
$78,739
ry.
—
to
Period End. July 31—
fr.
payable
anticipation notes.—Y,.
605.
rev.
-
*35.247
$1,251,959
$157,461
81,138
—--i—- $12,193,818 $12,464,562
•After
3,181,804
$212,807
9,859
121,510
-
73,325
charges
$21,588
$4,433,763
474,725
Illinois Central RR.—Earnings
Ry.
,
147,780
—
——
payable—affiliated company—
•
' 156,590
Reserve
for
contingencies-----.-—./
64.347
10,000,000
Capital stock (600,000 shares of no par value
A
p.
10,192,550
,
(net)———
etc.
assets
1942—7 Mos.—1941
1942—Month—1941
$39,757
18.
development,
:
1.022,235
———10
licenses,
rights,
year
Account
like amount was paid on June 30,. last, as against $2
quarter from March 31, 1941, to and including March 31,-1942.—-
Sept.
80,740
38.443.
209,125
not due within one
rec.>
Federal, State and other taxes accrued—
%
bonds
stock,
20,253
83,183
—„——.
—
accts.
goodwill,
1836.
$222,667
have
467,961
624,585
12,178,734
——
.
511,432
92,479
patent
39,499
18,000,000
1941 %;.
$1,273,095
85,329
receivable
47,020
bonds.
common
!
S.
18,000,000
and 1941, 80,000 shares).—V, 155, p.
!
taxes
income
and
Sheet, June 30
,.\.J •
1942
$1,157,802
Balance
_•
banks——
in
Inventory
Notes and
861,896
942,038
V"
Assets—
Cash
exchange fluctuations &
*—
'.y>\
V;/.'!%/.;
{Deficit,
!
Note—1942 provision for Federal excess profits
ample in view of pending legislation.
deemed
960,007
——
directors
804,000
$0.87
,
132,503
,—
Inc.
$522,340
parts,
spare
949,706
taxes—
inc.
30.991
$443,535
surplus.
capital stock——.t——
share—
paid
income
earned
to
amounting in 1942 to $106,985 and in 1941
to
$132,187, which are sold to lessees of machines at actual cost,
have
not been
included in either sales or cost.
tDepreciation and
amortization included above amounted to $92,442 for 1942 and $88,281
the
Electric Co.—Wage Increase, Etc,—
Investment
for
taxes
——r————.
charges
dividend of 25 cents per share
Income
taxes
corporate
•Sales
.
avail, for int.
adj.
the
156, p. 430.
board of directors of this company, control of which passed
Commercial
rates
4,302
662,423
liabilities———
Illinois Bell Telephone
The
on
Ry.
50 cents.—V. 156,
Holtzer-Cabot
The
500,252
and
profits
excess
Treasury tax anticipation notes at cost
%
Accounts receivable ———<———-■'
16 and
March
on
1941 were as follows:
and
$1,330,355
Net
43.444
65,062
——u_——-—
&
34,749
$2,998
441,184
———i—-v—
—
revenue
3,460,831
—
'
40,195
4,947,609
—
1941
$37,747
1$8.126
■
377,850
——
*
/"!:%
1942
$32,069
'L—
Dividends
„—————
•Exclusive of
Int.,
directors have declared
-Earnings—;
:
30—•
355,910
revenue—
adj.
on
Int."on
(A.) Hollander & Sons, Inc.—25-Cent Common Div.—
The
Cigar Machinery Co.June
611.421
:
per
31,
ended Aug.
on
Y 1,327,357
Net
173,195
——_u—-i——
charges
•Net inc.
'
•
represents the payment accrued but unpaid for
.
The current dividend
share
1,537,115
77,925,250
and
War
——-—;—.~L'.
income
Income
share has been declared on account of
accumulations on the 5% pref. B stock, par $25, payable Sept. 1 to
holders of record Aug. 25.
A similar distribution was made on this
issue on March 2 and June 1,
last.
Payments during 1941 were as
follows: March
1, June 2 and Sept. 2, 31 cents each; and Dec. 1,
cents
31
per
holders of record
to
$500,000
Operating income
Non-oper. income —-
Payments during 1941 were as follows:
March 15,
Sept. 15, 25 cents each, and Dec. 15, a year-end of 75
p. 2095.
of
1
17,522,780
period End. July 31—
Oper,
Heywood-Wakefield Co.—Accumulated Dividend—
dividend
cents
50
payable Oct.
$7,765,664
—
—
Net
A
of
dividend
a
value,
par
$1,528,989
Other
\
stock, par $5, payable Sept.. 15 to
similar distribution was made on March
declared
no
a-——-—
Gross
shares,
Gross
by Shields & Co.
21, was quickly oversub¬
total of 9,000 shares at a
of 25
$639,609
sales_-___L--'—
of
Roy alt ies
155,
cents.—V.
have
Ended
Months
Earned
offered
quarterly dividend
"124,563
This compares with 25 cents per share paid on April
Profit
Hudson & Manhattan—Earnings-
last.
15,
16
Canada
—
ownership plan—1942
a
declared
18
483,945
99,701
$676,621 *
$720,626 Y
$588,142
and others-i-:—
income, etc., taxes——-
current
stock
Gross
capital
per share on the
of record Sept. 1.
June
Aug.
on
485,282
*
*
stock,
Liabilities-?-
each
directors
$1,248,117
71,689
Steamship Co.—Larger Dividend—
directors
12.
Cost
at a stated value of $25 each; 1942—in treasury,
12,683 shares, outstanding,
724,706 shares; 1941—in treasury, 2,382
shares, outstanding, 735,007 shares
(subject to reservation for stock
V.
The
$1,261,604
504,875
$1,000,000
Canadian
for
*737,389
recovery" of the
Hewitt Rubber Corp.—25-Cent Dividend—\
,
of
(current)———;——-—
officers,
Total
156, p. 605.
V.
$1,297,191
504,875
divs..
•
International
■
'!.
declared
payable Sept.
26
815,041
598,000
71,704
for
695.'
common
6
,
Aug.
on
855,095
642,646
Comparative
surplus
surplus
Capital
dividend of 50 cents per share
on the common stock,
25 to holders of record Sept. 14.
A similar distribution was made on June 25, last, as compared with 60
cents
on
Mar.
25,
1942.
Payments during 1941
were
as
follows:
Mar, 25, June 25 and Sept. 25, 60 cents each; and Dec.
19, $1.20.—
directors
The
912,270
721,687
$1,164,721
.
•Sales
1941
74,470,834
Minority interest in subsidiary company
—
5%/ preferred stock ($100 par)———————
;
!*
Dividend—
973,888
Federal
$7,347,795
—-—
(net)—-—
Deficit
1 V
Aug.
to
up
stock
under
{
loans—banks
Serial
Reserves
price of 59 with a special commission of $1.15 per 'share,
The block
represented the unsold balance of the 6,300 shares offered through
another firm two weeks ago
but of which only 1,300 shares were
sold
$2,661,158
$2,759,345
tExpenses
etc.
——J——
equipment and improv. (net)-
Dominion
and
Dividends
Co., Inc.—Stock Sold—
the Stock
of
subscriptions
scribed.
employees
1939
,1940 >
.
$2,931,147
12,385,300
the other suit.
block
5,000-share
The
!
banks
bonds—,
and employees'
loans—banks
of
Hercules Powder
on
to
1941
.
942,700
——
payable:
bv
involved in
sums
sold
..
1 and
July 1, last.'. Payments during 1941 were as follows: April 1 and July 1,.
25 cents each; Oct. 1, 75 cents; and Dec. 23, $2.—V. 155, p. 1121.
•
/
for the six months ended June 30,
the rates prescribed by the proposed
by the House of Representatives on
taxes
upon
passed
Dominion
In
Loan
Notes
__
.Y
plaintiff
the
that
239,948
„.
charges
avail,
Sept
net income of the Canadian sub¬
12-month periods ended June 30,. 1942 and 1941
Canadian currency to United States dollars
receivable
notes
furniture,
stockholders'
a
trustees
asserting
stock
common
as
in
Serial
accounting suit against directors and
the corporation was asked Aug. .26 in New
defendants on the ground that the issues
raised in the suit had already been decided in another case.
The new
suit, brought by Max Singer as a stockholder, asked recoverv of losses
allegedly due to the sale of stock of the company to officers and
trustees at a price below the market. '
Defendants, in asking dismissal, said that the charges were identical
With those in a previous suit that resulted in a judgment by which
defendants paid $125,000 to the corporation and obtained a release.;
The sole difference is in the technical form of the new suit, brought
on
behalf of holders of the now expired voting trust certificates in¬
stead of on behalf of the corporation itself, the defendants declared,
of
voting
Supreme
$316,565
174,984
deductions
The
$12,178,734 $11,638,819 $12,178,734 $11,638,819
1942.
and
hand
•Common
Dismissal
$270,816
27,113
local taxes
and
Interlake
13,363
Hecker Products Corp.—Ask Dismissal of Suit—
York
$38,030
7,379
1942
Income
Bal.
158,679
158,679
based
contingencies
former
$21,088
3,660,430
3,653,014
•
'
63,702
$61,513
,
194,509
July 31—
depreciation
Fed.
Net
•
Liabilities—
$225,571
income taxes——
—
240,526
605.
—V. 156, p.
,
advances
Office
2279.
p.
1,470,573
1942.
141,301
$61,778
:
1
profit____
for Federal
profit
155,
10,544,568
11,638,819
11,008,917
1,454,598
profits
3,138
subsidiary
wholly-owned
of
1,801
29,318
..revenue,—-%—-!:!. $3,081,309
Other
of
1942
41,312
—
—
.
"'402
———;
p.
Interest
■
of
Miscellaneous
Net
,
$14,083,332 $13,718,070 $16,731,748 $16,357,927
450,000
450,000
900,000 ••
900,000
of
excess
Employees,
—V.
11,644,191
—
1,336
of
net
$5,813,360
notes and ac¬
counts receivable „——__—a————!
$443,938
.
profit
Total
$5,092,929
$82,550,416 $86,548,298
—
Provisions
$2,709,153
156,
or
All
57,928
—.— -
50
\
Oper., mainL & retirem.
sale
estimates
Act
on
Travel
$386,010
charges
profit
4,006
—
over
Assets—
4,357,186
_______
Interest
Net
6,446
—
shares
and
are
Victory
7,671
Depreciation
Net
224,261
V
' t
3,139
conversion
Investment
$99,893
profit
592,909
,
Indianapolis Water Co.—Earnings—
Consolidated Balance Sheet, June 30
$4,743,195
2,476,930
profit
income
Gross
324,951
3,810
—
surplus
on
July 20,
12 Mos.
3 Mos.
$2,576,822
________
;'
v
.
45,661
income——
oper.
12 Mos. End.
V
earns.
Other receivables,
Operating
;
671,991
90,843
98,570
■
oper.
84
income
Gross
generally at the averages of the free market rates of exchange during
those periods)
amounts to $148,579, $251,396, $122,433, and $156,226,
or
approximately 6.09%, 4.94%, 4.52% and 2.69%, respectively, of the
consolidated net income for those periods.
The provisions for Federal
(& Subs.)- -Earnings Statement—
Period End. June 30. 1942—
Operating costs
of
Note—Company's proportion of the
(based
39,312
49,140
operations-
192,331
!
113,524
expenses- '
20,273
Cash
from
773,000
beginning
and
Instalment
revenue
$9,313,149
2,498,522'.
1,136,000
sidiary for the six- and
156, p. 352.
Total
3,389,350
604,000
ownership plan.
$62,012
$46,879
—.
Hayes Mfg. Corp.
$9,949,675
1,335,000
dividends—
Revenue
$5,440
$3,812
_
$4,764,817
1,977,125
-L
dividends
income
income
Gross
Interest
839,223
surplus
Balance
87,417
revenues
581,726
Net
—V.
the
33,427
8,096
oper.
expenses
lease
for
Operating taxes
1
Total
340,162
——
.
27,942
2,465
7,149
364,108
Maintenance
Net
$158,395
154
$165,565
162
rev._
oper.
1942—7 Mos,—1941
$1,184,890
$1,106,863
1,155
1,079
1942—Month—1941
11,125
483,000
period
Preferred
$548,211
Taxes
—
6,121
2,834
:
excess
taxes
in
price,
$47,433
—
Rent
1942—12 Mos.—1941
29,845
Operating
Operating
,
$2,439,141
&
int.
Common
1942—Month—1941
•
398,474
income
Net
of
Co.—Earnings-
Light
1,216,642
Corp.—Earnings—
Indiana Associated Telephone
10,570,258
978,809
254,808
surtax,
•Excess of cost
Haverhill Gas
Period End. July 31—
521,284
430.
p.
Uncollectible
$5,163,291 $10,531,402 $10,152,372
tax
subsidiary
Bal.
Sept.
3656.
p.
936,679,
633,850
Period End. July 31—
Operating revenues
$5,160,456 $10,525,281 $10,141,247
——
&
inc.
profits
quarterly dividend of $2.50 per share
1 to holders of record Aug. 20.
a
payable
11,496,140
•
577,963
-.A'$5,095,406
inc.
Minority
$5 paid on June 1, last, and $2.50 on March 2,
1941 were as follows:
March 4, $1.50; June 1,
$2.50 each.
An extra of $1 was also paid on
with
in
compares
1942.
declared
have
common
5^378,714
,
$5,350,214
profits
Dominion
Hathaway Mfg. Co.—$2.50 Dividend—
The directors
1,131,087
882,482
^
/
$5,347,282
2,933
income
Net
of
on
,
421,157
—-
charges
Excess
22,
1941, the company on Dec.
dividend of 50 cents per share.—V. 155, p. 2094.
payments of 25 cents per share during
;
•-
receiv.
income
Normal
share on the common stock, payable Sept. 26 to holders of record
12. This -compares with 30 cents paid on June 26, last, and 40
cents on March 26, 1942.
In addition to making four regular quarterly
extra
156,
Net
Sept.
an
(& Subs.)- -Earnings—
5,699,578
—
.in-
on
notes
income
GrosS
per
paid
oper.
'
.
quarterly dividend of 20 cents
a
1,998,684
income—1,190,970
ry.
Reduced—
Harrisburs Steel Co.—Dividend Again
The
losses
income
Net
Other
Income
:
83,029
3,152,793
4,811,191
prop.
$17,242,244
'
.
98,352
from ,railway
1942—12 Mos;—1941
1942—6 Mos.—1941
$11,468,017 $11,117,133 $23,000,230 $21,928,146
oper
expenses
for
stalment
143,129
company.—V. 156, p. 605.
from
Operating
4,000,000
3,201,176
-r-rV-*-A-r—-■>■
—
153, p.
1,814,493
1,254,072
f
———
Total-
-
adjustment
all other liabilities—,—
inc.
$455,995
175,955
3,450,119
Net
—V.
latter
Gross
$519,985
3,870,993
1,478,151
226,301
income—
railway'—!—
from
Gross
-
$6,972,503
a—..—
——
railway,—,—
oper.
Net
Household Finance Corp.
$17,242,244
from
1939
1940
1941
$649,531
287,994
180,576
1942
•
$783,796
373,354
railway,..--
From Jan. 1—
Corp.—
See
from
Net ry.
Investment Trust
by Commercial
Purchased
Control
Period End. June 30—
unearned premiums
Reserve for
Net
Net
'
this time.-
at
contracts
Liabilities-
Reserve for
"
According to Mr. Welton some departments are working 'three shifts
others are working double shifts.
Work is almost entirely on war
RR.r—Earnings—
July—
Gross
and
1,472,436
547,059
days due
receivable, accrued interest and other assets—
Agency balances not over 90
Losses
-
are
mately 1,300 employees of the company.
$1,459,089
6,666,557
1,249,296
4,407,101
1,426,906
13,800
in office___„—-—
preferred stocks
and
Guaranteed
Bills
Illinois Terminal
brackets,
lower
also being made in the salaries of the office staff •
the clerical force so that the new rates will apply' to the approxi-"
Adjustments
___
-
Real
with proportionately larger increases granted
A. R. Welton, President, announced.'
10%,
the
in
"
Cash in banks and
Pulton
least
at
workers
and
Assets
of
creases
York—Financial
Insurance Co. of New
Fire
Hanover
Monday, August 31, 1942
CHRONICLE
THE COMMERCIAL & FINANCIAL
782
program
System
subject
change
for
the stock and debt of
the two which it now holds all of-
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4103
156
Volume
Kaufmann Department Stores, Inc.—Earnings—
reorganized company,, Such securities also would be
present debenture holders,
to sell its investments in Corinth Electric
Light & Power Co. and Moreau Manufacturing Corp. for cash, which
would be used either in part in distribution to debenture holders or
of-the
stock
the
distributed to the
;
As
'
of
disposed
be
assets
the
in
are
will wind
IHES
of
satisfaction
full
After
remaining
its
as
soon
properly
debentures
that
form
such
they
up its affairs and
and other liabilities
maining assets will be distributed to the shareholders.
The Commission later will set a
date for a hearing
plan.
•
The long-term debt and capital stock of IHES
30; 1942, excluding treasury holdings,
were as
posed
.
re¬
Operating
carried
amounting
State
Other
income,
Total
Oper.
incl.
exp.,
other than
2,306,600
—
fund,
$8,909,749
Cash
Hydro-Elec.
of
Amort,
4,187,160
8,822,003
disct.
%
expense
398,520
398,520
1,594,080
and
305,469
1,608,113
1,443,775
446,000
•Dividend
1,171,376
573,580
-403,612
7,092,330
1,937,686
206,179
261,138
879,991
1,854,219
1,684,023
requirements
in
int.
note
,
—V.
charges
155, p..1214.
John
Vice-President, Sales
mittee
1,187,652
the
V.
Crl9,927
—
:
•■•v;,; ■
this
of
business
will
He
years.
■
resignation
as
of the Executive Com¬
He had been active in
the board of directors.—
and a member
effective at once.
Manager
corporation,
30
remain
156, p. 343.
on
"..v
..
\'.
-V'./'
Operating
full
""On
basis not
accrual
subsidiaries.
tProfit.
'
amount
Note—The
$693,856 ;
$189,586
t$8,467
currently declared on preferred stocks of
\
'
Vv:.-:'
"• liability for Canadian income and excess
the
taxes
1942—6 Mos.—1941
1942—3 Mos.—1941
Period End. June 30—
allowances and
55,338,474
Total
51,093,74B 117,352,323
Pulpwood,
part:
95,166.300
60,300.017
49,254,642
6,333,254
4,962,081
mate¬
—28,664,916
and
Maint.
26.253,584
3,174,873
2,582,944
1.007,519
873.250
6,431,324
6,382,306
12,761,521
11,980,627
1,839,113
1,842,212
3,648,782
3,586,068
330.298
repairs-.™.
than in¬
lull
not only
2,010,0061,705,819
Selling, general and ad-'
expenses
acctsl
179,827
167,369
Operating income——
14,040,902
12.992,082
31,939,105
686.926
723,473
1,391,794
23,346,765
1,440,009
for doubtful
Prov.
Interest
and
359,639
95,346
2,716,746
127,174
5,384,845
5,425,061
202,543
Depletion
Divs.
paid
stock
on
subsidiary
227.943
412,742
437,163
of
8,495
——
3,468
.
1.803,352>
„'—r—n___
Excess
State
1,940,059
'4,004,295
10,559.799
!
2,775,876
256,286
353,721
415,085
51,234
445,379
1,113,650
eign taxes
•
ditional
-■
——
Net
per
♦Subject to
is
share—
com.
enacted.—V.
and
1,708,220
1,500,000
3,947,635
determination of
156, p. 343.
3,214,688
$1.13
2,000,000
tube
installation
systems
Net
inc.
The directors have
profit
>
been
15
March
June
Arrearages
1941.
•V.
and
20,
made
in
155,
as
last,
\■' ■' •;
2185.
p;
direct
order,
plants
to
limited
net quick
and
assets improved
dividends on
Oklahoma
Kansas
Gross
Mar.
Net
$273,091
railway
railway-—,
income— v
oper.
ry.
147,973
1941
67,143
$214,614
110,675
69,429
1940
$169,032
81,103
35,647
1939
from
Gross
Net
Net
—V,
from
Net
ry.
like
31,
rai'.way—
oper.
ry.
156,
p.
1,622,472
824,100
income—.
367,233
1,414,639
1,283,396
788)939
501,544
691,283
1,574,386
820,056
434,517
535,844
,
1942—12 Mos.—1941
$491,631
$287,507
$227,647
Federal
taxes
on
40%
income
rate
plus
for
an
of
excess
income
State
•"•
$401,055
264,468
170,151
income—'
181,723
175,492
119,556
'
'V*
Kelley Island Lime &
directors have
Transport Co.—Div. Reduced—
cents per share on the
holders of record Sept. 19. Preper share each quarter.—V. 151,
declared a dividend of 20
stock, payable Sept. 30 to
dusIv;' the company paid 25 cents
mmon
2195.
1:
:
'
$589,166
tax rates
elected
profits
reserve.—
—
2,892,686
1,216,132
2,510,121
894,111
803,958
income_L_
865,673
670,386
President
Lehigh Valley RR,
2,352,474
823,330
653,201
of
The
Home
1,484,247
taxes-...
of
106,541
railway
from
ry.
—V.
income—
railway-
railway
oper.
156,
120,933
$4,109,507
$4,025,658
—
199,631
228,556
$4,309,138
1,030,450
;
.
$4,254,214
1,030,450
160,227
160,227
debt
discount
debt
and
expense.—.
—
57,443
8,468
expense
79,067
250,000
37,000
37,000
Crl79,224
Cr44,216
—
contractual
of
capital
to construction
plant acquisition
of
expend
78,745
adjustments-
20,964
24,093
—
—
income
:
cash
1,076,007
dividends
dividends..
for
have
made
six
months'
accordance
in
1,446,811
—
for Federal
the
companies
been
$3,021,337
—.
cash
Common
income
period
and
$2,791,320
1,579,207
1,073,988
profits taxes by the
excess
1942, generally
1941. If the
ended June 30,
the Revenue Act of
with
bill is enacted in the form in which it was passed
recently by the House of Representatives the provisions required by
the
companies for Federal income and excess profits taxes for the
six months ended June 30, 1942, would be increased by approximately
$390,000 and consolidated net income for the six months' and
12
months' periods ended June 30,
1942, would be reduced by $390,000
in each period.—V. 156, p. 255,
;
t
pending
1942
tax
Co., Ltd.—To Amend By-Laws
McColl-Frontenac Oil
A
special
of
time
of
meeting
stockholders has been called for Sept, 30
a
by-law approved by the directors pro¬
the
of
ratification
consider
to
viding
for the removal of present restrictions as to
purchases of preferred shares for the sinking
the amount and
fund.
by-law would authorize the company to purchase
its preferred
shares at any time at a price not exceeding the re¬
demption price of $105 a share and accrued dividends.
It would also
extend to the end of each fiscal year the period in which the com¬
The
proposed
new
expend
must
pany
shares
purchase
the
in
equal
amount
an
to
at
or
redemption
10%
least
of
company during the preceding fiscal
tribution on its outstanding common stock, as
the
by
of the preferred
the net revenue earned
year available for dis¬
certified by the auditors.
155, p. 192.
Inc.—50-Cent Common Dividend
McKesson & Robbins,
declared a dividend of 50 cents per share
the-common stock, payable Sept. 20 to holders of record Sept. 4.
similar distribution was made on this issue on Mar.
20, last, as
directors
The
on
A
Aug.
on
26
share on the 5»/4 7e cumulative
holders of record Sept. 4.—V. 156,
per
to
preferred stock,
$1.31'A
payable Sept. 15
p. 344.
McQuay-Norris Mfg. Co. (& Subs.)—Earnings—
1942
1941
1940
1939
$303,738
$255,196
$269,794
$234,615
$2.65
$2.23
6 Mos. End. June 30—
♦Net
profit
share
per
stock
on
...
of 73%,
reserve
Federal taxes,
Arthur
——
—
depreciation, obsolescence, Federal taxes
Note—A
G.
$2.36
$2.05
and State taxes.
for
equivalent to $821,218, has been set up
which is believed to be adequate.
Vice-President and Treasurer, states:
100% war work except for the
Drefs,
Company business is now
manufacture
privately owned passenger cars,
considers the operation of these
vehicles of sufficient importance to grant an A-l-a priority, which in
itself is adequate testimony of the importance of maintaining needed
transportation but not pleasure car driving.
Company has taken a very commanding position in the war effort.
The value of its output in the first six months was in excess of 400%
of the corresponding period in 1941.—V. 156, p. 697.
parts
trucks,
etc.
maintenance of
Government now
the
for
The
Corp., Ltd.—Accumulated Dividend
a dividend of $1.25 per share on account
7% cumulative sinking fund refunding pre¬
ferred stock, payable Sept. 15 to holders of record Aug. 31.
A similar
distribution was made on March 16 and on June 15, last, and in each
quarter during 1941.
Arrearages at June 15, 1942, amounted to $40.25
accumulations
1940
2,917,264
1,449,522
823,582
$3,200,962
584,408
154,737
the
1939
$3,870,467
1,118,558
604,611
on
share.—V. 155, p. 2008.
per
1941
$4,965,496
1,606,655
Steel
MacKinnon
The directors have declared
of
-Earnings—
$7,195,578
p.
income—
(R. H.) Macy & Co.,
The
per
From Jan. 1—
from
492,877
1,004,265
'
railway—_
oper.
Net
1,123,952
Insurance
1942
from
from
1,428
1,187,201
1,197,752
;
:
charged
Preferred
CO; has been
director
of The Lehman Corp.
He is also a director of
Insurance Co. and of the 11 other companies which com¬
Smith,
July-
ry.
576,366
1,411,500
1,433
investments
income
funded
on
interest
Net
1939
$337,410
119,386
92,049
432.
V.
a
Net
578,940
1,531,000
—
retirement
income
♦After
■'
railway-p.
Home
Net
3,779,053
income.
other
Earnings
(The) Lehman Corp.—New DirectorHarold
$12,536,033
4,975,146
:
taxes.———
operating
1941
1942
'
limited-term
Miscellaneous
of
3,473,725
1,306,633
railway—
oper.
156,
1940
1941
$526,098
293,796
from
ry.
—V.
(& Subs. )—Earns.
(Ky.)
$15,171,768
taxes—,
Amortization
-Earnings—
1942
$620,265
oper.
Net
The
1,272
515.
p.
for
of
Federal
the 1942 periods
additional amount
railway,-—
from
Gross
431.
*$81,981
compared with an initial of 25 cents on Dec. 20, 1941.
The directors also declared the regular quarterly dividend of
Co.—Earnings—
1942—6 Mos.—1941
the basis of a
on
From Jan. 1—
Gross
Gross
railway—
$332,040
——
income
.
FrornJan. 1—
*$37,920
$53,029
(other than income taxes)——
Taxes
Chairman of the Insurance Committee for the
Protection
of American
Industrial Plants,
a
director of the Manu¬
facturers Trust Co. and of the Beekman Hospital.—V. 156, p. 515.
$240,067
135,251
86,011
460,701
including Federal, State and municipal taxes.
for
view
'
from
The
Ry.—-Earnings—
1942
from
,Net from
,
Gulf
&
$379,993
473,556
.'
Federal
prise the Home Group,
July-
$805,595
65,344
revenues—
Amortization
share has been declared on the common
railway™--
from
Net
Net
and on June 16, Sept. 15, and Dec. 15,
at June 15,, 1942 amounted to $2.25 per share.—
15,
By
dates.
to holders of record Sept. 19.
A
31 and June 30, last, and on Mar.
1941.—V. 154, p. 1700.
on
Dec.
July—
Gross
Dividend—,.
37Va cents per share has been declared on account of
accumulations on the 6%' cumul. pref. stock, par $25, payable Sept, 15
to
holders of record Aug.
31.
A similar distribution was made , on
$27,424
stocks.
per
——_
$16,000
dividend of
A
609
Corp.—2-Cent Dividend—
cents
paid
was
Net
Irving Shoe Corp.—Accumulated
(John)
156,
Note—Provisions
the present uncertainties as to the
which apply for the calendar year of 1942.—V. 156, p. 163.
of
1
.
90
501
debt
Operation
common
share on the
79
59
'
Year Ended June 30—
•.
to holders of record Sept. 15.
A like
amount was disbursed on April 1 and July 1, last.
Payments during
1941 were as follows:
April 1, July 1 and Oct. 1, 50 cents each, and
Dec. 15, $1.50.—V. 156, p. 431.
'
12
32
'
Louisville Gas & Electric Co.
earnings, it may
Note—Provision
has
$1.27
declared a dividend of 50 cents per
stock,"payable Oct.
$379,294
profit & loss
♦Loss.—V.
,
are
the corporation's
Lehigh & New England RR.
capital
20,
only.
work
war
common
to
♦After all charges,
*4,639,982
International Salt Co.—50-Cent Dividend—
592,589
$805,014
'
satisfactory
with
$4,300,000.
Lawrence Gas & Electric
6,761,511
$2.44
actual tax liability when new tax law
*2,170.087
\$0.55
-
930,691
$27,352
68,209
funded
Amortization
$1, payable Sept. 30
par
30 and
•♦Net
1—
profit
Earns,
-
This, after the payment of about $82,000 in
respect
dividend of two
Sept.
'.
.'
to
of June,
-Period End. June 30—
piofits taxes__
excess
86,542
$121,200
%
5
unfunded debt-
and pneumatic tube systems is
required
Lava Cap Mining
711,457
possible adincome
and
$971,883
$121,238
on
Interest
Good—
be stated that they are running
ahead of last year, but in the absence of a definitive tax measure,
there is no
way in which
the year's outcome can be forecast.
The
boardJ has
authorized
what it considers
adequate reserves out of
current earnings to cover Federal taxes.
In addition, the contingency
reserve
created at the -end of last year is being augmented and a
research and developmnt fund is being established in the interest of
diversifying the corporation's activities and products to better meet
post war conditions.
"On July
1 a new contract with the Government for a five-year
period went into effect covering the lease of the New York Mail &
Newspaper Transportation Co. tube system on the
same terms and
conditions as prevailed heretofore.
The Boston system contract still
has 4Va years to run."—V. 155, p. 2458.
■■* • *•' •
.
Canadian and other for-.
Reserve for
level,
about
at
pneumatic
end
year.
amount
1,857,788
$1,735,705
:
—
on
dependent
high priority rating but also deliveries of raw
the
devoted
preferred
stock,
171,508
;C—%-v*—-
$113,894
Gross. income
Interest
stockholders on Aug.
letter to the
a
good
a
conveyor
very
a
and
"With
3,172.635
4,351,036
profits
taxes
in
at
stand
meet
to
the
at
the
A
existing laws)—
Normal
841.875
$259,505
income-
Int.
This
1.
about $311,000. largely due to bank loan reductions, and giving a
ratio of nearly 3 to 1 as against 2.2 to 1
at the beginning
by
of
'
on
5,688,402
915,319
138,304
Int.
—V.
11,895
$7,502,159
6,072,017
120,250
•
—.
Gross
;
5,878
1,734
$8,723,041
873,795
revenue-
Miscellaneous
on
share
,
currently paid
pfd. stks. of subs.
Fed. taxes (based
S.
16,994
not
but
accrued
; v
being
U.
179,078
65,267
.2,828,994
expense
Deprec, and obsolescence
Divs.
r
debt discount
of
Amort,
on
"As
to
orders
business in
conveyor
the
expenses
ministrativc
due
institutions
Outward freight and de¬
livery
per
current
taxes)
come
cents
30
operations
the second half of the year, after a recent pro¬
material procurement difficulties.
At the moment
for
assured
upon
(other
Taxes
$1,107,939
960,790
$7,452,256
,
held
has
unfilled
"New
labor,
etc.
rials,
President,
Dietz,
in
"Business
materials
"
of
dividend
a
of Delaware—Business
Corp.
F.
93,837,091
1.329,209
1,044,018
income—net—
Other
declared
stock, payable Sept. 14 to holders of record Sept.
Lamson
duction
115,230,245
667,077
2,122,078
$1,354,107
revenue
Amortization
the
$54,294,458 $50,426,670
49,427
Amortization of flood and rehabilitation
*■''
discots'.
119,188
cents
fairly
$
$
S
less t^1 turns
6,695
.——I——,:
Net
with 20 cents per share paid on March 14 and June 12, last,
during 1941 were as follows:
March 31 and June 30. 20
each, and Sept. 30 and Dec. 23, 30 cents each.—V. 155, p. 1014,
Carl
<
476
33,099
Other
...
Gross seIcs
349
&
ry.
Payments
stated
Subs.)—Earnings—
1942—7 Mos.—1941
$8,603,504
44
Operating income
•
compares
.
International Paper Co. (&
have
directors
common
.
the
of
and United States income and excess profits taxes for
1942 cannot yet be determined.
Provision for these taxes in 1942 has
been made at the rate of 40%' plus an additional accrual for United
States taxes of $170,000,—V. 156, p. 605,
%
profits
The
1122.
39
expenses
oper.
Total
$23,552
—w
155, p.
Kleinert Rubber Co.—30-Cent Dividend—
(I. B.)
-
deficit
Net
1,
1942, at 102 and
Bank & Trust
1942—Month—1941
$1,101,200
Depreciation
Maintenance
■
his
announced
18
Aug.
on
32,180
Cr66,615
32,152
-
$24,536,136 $23,026,297
•
Sensenbreniier
S.
1,
of Nov.
$1,320,969
operations
Operating
11,941,53Q
Kimberly-Clark Corp.—Official Resigns—
8,113,928
882,134
against
income of subs
coach
Appropriation
income,
net
^———
Total
5,187,116
1,636,653
361,000
of subsidiaries——..,—
Other
7,440,890
'
exc.
subs._
of
common
on
as
Corp.—Earnings—
transp.
other
Operating
2,170,160
pfd. and class
on
Min.
55,266
1,200,000
499,855
3,723,500
Common stock ($1 par)
—_—:
552,662
Paid-in surp. result, from change in cap. struc.
833,289
Earned .surplus——r.—12,045,256
1,102,217
6,562,356
1,594,340
7,425,063
195,324
1,680,119
taxes
stock
921,496
110,532
1,500,000
131,465
3,723,600
552,662
833,289
stock payable in July
payable.—U———
Reserves for insurance and contingencies—,—
5% cumulative preference stock ($100 par)—;—
Dividend
Instalment
343.
p.
133,813
from
Interest
$2,050,000
'
899,361
362,361
„
——
the Senate.
sinking fund bonds due Nov.
mortgage 5%
revenue
rev.
from
Rev.
$24,536,136 $23,026,297
_
$2,800,000
Accounts payable
L:—901,426
Accounts payable, merchandise in transit—
177,748
Accrued liab., incl. Fed. and State inc. tax res.
1,747,132
payable to banks-,.———
excess
and
—
—
Liabilities—
Notes
<S?
deprec
inc.
profits
,
Taxes
„
——
profits taxes
Canadian
A
5,500,000
Total ^
1,594,080
——-
for
inc.
Divs,
———„——__L—5,500,000
etc., at cost or less—_
___
Goodwill
10,149,241
System--
debt
Provision
S.
Net
8,603,594
10,003,001
'
U.
3,853,973
2
etc
at cost,, less res. for deprec—
Buildings at cost (less reserve for deprec.)—_
Machinery fixtures and autos, less reserve
$38,843,563 $35,990,746
-2,541,481
Other
3,675,983
2
,
2,486,058
Passenger
2,674,855
cost
156,
for redemption
called
Period End. July 31—
\
.
2,674,855
24,951,688
3,891,106
28,537,822
v
1941
73,113.
141,473
287,887
at
by
Payment will be made at the Central Hanover
Los Angeles Ry.
127,746
190,972
272,125
—„_
__
and Means
Ways
Madison Ry. Co.—Bonds Called—
&
Co., corporate trustee, 70 Broadway, N. Y. City.—V.
6,923,423
Land
House
revisions
$0.71
Inventories
stocks, bonds,
the
proposed
221,065
5,120,671
4,592,406
insurance,
of
outline
including
$0.56
4,523,685
in
the
of
110,532
information.
—
$4.60
increase
an
is after providing for Federal taxes on basis of the
total of $13,000 first
Notes and accounts receivable (less reserve).—
Invest,
basis
program,
1941
1959, have been
$781,918
Prepaid
tax
interest.
;
hand.—
on
the
on
115,595
1942
and
$5.04
$487,756
Comparative Balance Sheet, June 30
banks
in
22,500
$0,54
the basis of the Revenue Act of 1941 plus
on
Litchfield
$647,345
Internal.
Int. oh deb. of
40,000
available
of
4,913,850
2,093,688
131,675
"•'$406,290
93,087
surplus—
share—
basis
sh._„
com.
9,155,781
2,399,956
11,250
10,695
$0.54
42,008
*365,000
35,000
dividends——
the
579,758
254,381
bill then before Congress.—V.
revenue
41,684
——*
common
on
"
v
i
debt, etc.,
of subsidiaries—
debt
stock
'Estimated,
$80,390,551 $73,443,132
2,218,758
$9,907,630
inc—
Balance
on
1,058,664
i—
tax
Earnings per
$77,960,996 $70,733,575
851,699
2,429.555
2,709.557
,
estimated
*760,000
profits taxes.,—
excess
six months carried to
Outside properties
1942—12 Mos.—1941
6,574,741
1,001,369
6,474,822
_
Maintenance
Int.
■
per
1942—12 Mos.—1941
$1,801,474 $27,983,925 $16,257,021
768,645
requir.-
Net income for
18,493
23,116
,
income
Common
purch.
power
Taxes,
354,906
94,575
$948,256
properties not used in, operations-.
and
taxes
254,868
div.
profits taxes
—$1,276,030
Preference stock dividends
(Including Subsidiaries)
$19,747,716 $18,704,617
inc.
Fed.
♦Net income for 1942 is after providing for Federal income and excess
Assets—
1942—3 Mos.—1941
net——
revenue—
$853,681
76,916
income
Income for
revenue_„:_ $19,392,811 $17,852,919
Operating
$1,199,174
Net
A
to
'
Period Ended June 30—
i
paid
Federal
the percent¬
age of voting power held: Gatineau Power Co., 86.6%; New England
Power Association, 88.1%; Hudson River Power Corp.,
100% ; System
Properties, Inc., and Corinth Light & Power Co., 100%'.
It also owns
a one-third interest in Moreau Manufacturing Corp.—V.
156, p. 605.
Earnings of Company
stock
income
Expenses of
subsidiaries which include, with
securities are in
These
!
income
Pfd.
$3,013,402
bef.
committee's
Interest
books at a' total of $85,801,374.
its
on
stock
3,161,125
88,994
333,319
♦Net
88,995
348,652
Total operating income—
$3,977,547.
Other than the debentures mentioned and current interest-thereon
'the company has no debt of any kind except a relatively small amount
of current liabilities which are adequately covered by cash ond hand.
International Hydro-Electric System is solely a holding company, own¬
ing directly no physical properties. As of June 30, 1942, it had capital
assets consisting of securities principally in public utility properties
preferred
3,485,527
.
income.
pro¬
:
outstanding at June
follows: Convertible
6% gold debentures, due April 1, 1944, $26,568,000; preferred stock
(par $50), 142,729 shares, or total $11,117,497; and class A stock (par
$25),, 856.178 shares, total $21,417,958.
There is an arrearage in
on
Inc.
taxes)—
of buildings—
(other than Fed. and State inc.
Taxes
'
dividends
Net
1942—Month—1941
sales
9,875,851
Depreciation
Other
the
on
Net
11,098,700
—_
sold, buying and occupancy exps.
Selling, general and admin, and advert. exps.__
can
(R. G.) LeTourneau, Inc. (& Subs.)—-EarningsPeriod Ended July 31—
1941
$16,221,048 $14,312,971
——
of mercta.
Cost
dissolve:
the
1942
.,
sales
Net
the market.
acquisition of debentures in
6 Months Ended June 30—
,
will undertake
Company
783
41,410,413
31,576,342
26,964,885
13,516,423
10,622,324
6,238,134
7,364,716
3,617,636
6,076,160
516.
25,203,954
6,455,818
3,248,542
ers
See General Gas & Electric
Corp.—V. 156, p. 432.
also V.
pare
on
Aug.
26
Inc.—50-Cent Common Div.—
declared a quarterly dividend
155, p. 504.)--V. 156, p.
Magor Car
A
Lexington Water Power Co.—To Merge—
directors
share on the common stock, no par value, payable
of record Sept. 9.
A like amount was paid on July
dividend
stock,
1, last,
(Com¬
697.
Corp.—50-Cent Dividend—
of £0 cents per
payable
of 50 cents
Oct. 1 to hold¬
the common
18. This compares
31, 1942;
share has been declared on
Oct. 1 to holders of record Sept.
June 30, last,, and $l on March
with $1.50 paid on
-
addition
In
to
of
dividends
quarterly
regular
four
during 1941, the company disbursed the
payments during the same year: March 31, 50 cents;
share
Sept..
paid
75 cents.—V. 155, p. 2008,
130, 25 cents; and Dec. 26,
accumulations
of
Dividend—
Mangel Stores Corp.—Accumulated
of accumulations
account
dividend of $1.25 per share on
the $5 cumulative preferred stock, no par
declared
have
directors
The
on
155,
Oper.
exp.
from
earns,
Net
&
$934,484
oper.
646,126
—„
613,188
3,104,450
$1,638,326
$651,689
255.
p.
revenues.
revenues.
1.752
1,647
income..
Oper.
General
Maintenance
1,595,880
revenues
26,047
23,304
300,911
264,567
36,900
36,766
494,309
312,024
19,618
214,717
195,533
33,635
29,834
423,042
364,955
—
*
reserve
property
Net
Int.
on
Int.
on
$58,005
$800,374
debt_
22,604
22,604
271,250
2,246
2,620
28,301
32,793
300
331
4,354
828
$32,449
$496,469
$596,106
notes
(net)
income
—V.
156,
for
13,461
161,530
161,530
$334,939
$434,576
of
five
cents
has
share
per
of
,
of
25
cents
Net
sales
Cost
local
Cents—
$2,200,616
$4,330,567
3,485,258
4,621,663
Dividends
$1,621,345
$316,583
$845,309
6,323
6,448
15,225
Balance
-V.
5,339
4,446
10,614
$210,720
$873,589
$348,746
$1,673,978
47,419
89,325
income
deductions
depreciation.,
for
Prov.
of
Amortiz.
Net
inc' tax.
$53,377
basis
of
act.
Unless
rates
Losses
on
to
Act,
the
months.—V.
rates
the
income
156,
164.
p.
Melville Shoe Corp.
of
Profit
$23,857,497
21,200,003
16,187,954
$9,534,911
$7,669,543
5,261,491
276,946
4,890,166
248,252
3,441
100,000
9,078
48,153
Depreciation
Interest
—
sales——i
on
—i
—■
——.
selling, general and admin, exp.
L—
—
paid on store managers' deposits; etc.—
2,758
Provision for distribution to employees
100,000
Additional provision for pensions
—.—6,661
—„
Miscellaneous
Operating
Other
39,180
charges
profit
income
—„—
———
Net
before
income
profits taxes
Federal
70>312
„—
income
and
income
;
— —
for Fed.
excess
—■
2,710,449
Net
$1.05
—
House bill/
Income tax
45 7c I
rate,
profits
'
June 80
U.
S.
savings
U. S.
on
at cost
bonds,
receivable
1941
hand————„—$7,775,971
Treasury tax notes
Accounts
fProv.
1,195,167
Net
♦Fixed
'
assets
-
In
Total
pfd.
retirement
——
Accrued
Prov.
57c
Fed.
and
inc.
excess
security
conv.
profits
-
———
369,297
The
-share
stock
pari_
$23,146,687~$20,165,063
1,172,492
919,401
taxes-—
3,698,603
1940
30,553
24,625
111,000
120,000
of
$1,028,283
627,506
$556,679
$532,864
34,966
,
"
590,583
;
—
J
banks
in
June
Sheet,
and
on
hand,
30,
growing
1942
'■
accounts
$435,027;
■
receivable
crop
'
loans,
•
■-
•
$500,000;
•,
..
owing
to
for
1,532,182
100,000
<
100,000
127,035
($100
1941.—V.
and
156,
amortization
p.
919.806
$4,891,709
in
1942
and
(Exclusive
607.
(Denver, Colo.)—Divi¬
recently declared a quarterly dividend of 20 cents per
stock, par $10, payable Aug, 15 to holders of
common
This compares with 30 cents per share previously paid
quarter.—V. 140, p.
1316.
,
,
J
$3,941,284
1,656,183
858,264
783,888
,307,022
218,723
•1,185,480
300,000
$1,233,718
1,511,662
1,735,480
% $1,291,694
share—'
$0.70
410,641
"
$2,967,851
—1—
,
Federal
for
of
quarter
income
State
300,000
$1,758,347
$1.60'";
$0.95
$0.67
the amount of $550,000
the provision for Fed¬
in
provision
1942
and
Federal
for
371,274
„
&
taxes—*
first
the
477,520
.
taxes,
based on
taxes being
1942 law.
"■
f t ',V
'
1
/ ;•*.
;
.
•
•
for
provision
the earnings do not Indicate
155,
beet
2008.
p.
has been
declaration
/
with SEC by
filed
the company in which the
to make a capital contribution to Indiana RR./ a
direct, non-utility subsidiary of Midland United Co.
total amount of the capital contribution proposed is $7,093,910,
trustees
The
in
■.
.
United Co.—Trustees Plan to Sell Road—;:
Midland
A
propose
owned,
form
the
amounts as follows;
and
indebtedness of Indiana RR, to Midland—$6,223,600
14 demand promissory notes of Indiana issued to Midland
302,132
United Co. during 1932 (aggregate face amount)
Two demand promissory notes of Indiana payable to Public
.Service Co of Ind. and endorsed for transfer to Midland
(aggregate face amount)———I—
'
-—
176,932
Reduction in principal amount of demand promissory note
of Indiana payable to Midland, issued Dec. 31, 1931, pres¬
391,245
ently in the face amount of $1,111,245 (ami. of reduct.)'
account
Open
Total
growers
on
rfr— #-p-TJff4- — —
———.
$7,093,910
r*'
the proposed capital contribution, the
will consist of 500 shares of common
stock (no par), with an aggregate stated value of $500 and a demand
promissory note of Indiana RR. payable to the order of Midland United
Co., dated Dec. 31, 1931, in the principal amount of $720,000.
As at
June 30, 1942, the balance sheet of Indiana RR. Indicated a net worth
Of $560,545.
.
V,;,
r'/..
consummation of
capitalization of Indiana RR.
the
Upon
filing further indicates that upon the consummation of the
contribution, Midland United Co. proposes to sell to Wesson
the entire "remaining capitalization of Indiana RR*,
a
cash consideration of $650,000 to be payable $200,000 in cash
the balance in three equal annual installments beginning Sept. ly
The
t
capital
Co., a non-affiliate,
for
and
1943.—V.
156,
-
1941
Valley RR.—Earnings-
from
Net
ry,
>
1939
1940
railway-
$121,786
$125,887
42,962
58,191
$117,204
55,826
$118,017
railway—
54,169
from
Net
1941
1942
"
July—
Gross
%
607.
p.
Midland
20,903
39,330
31,602
828,466
746,848
319,237
308,420
304,764
154,286
177,749
166,277
38,468
748,700
income
oper.
.
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V.
(& Subs.) —Earnings—#
of
revenues
—
—*——
&
Fed.
railway——
railway—
income—*
oper.
743,205
327,586
200,404
'
'
156, p. 515.
in
6,725,647
1942—6 Mos.—1941
The
$17,306,272 $37,924,786 $34,924,978
6,077,568
13,771,934
12,467,013
2,097,737
4,764,016
profits*
2,002,812
1,913,124
4,091,945
taxes-
1,537,542
933,470
3,385,073
1,789,280
475,989
17,095
785,847
32,572
tric
of
...
Power
of
511,285
operating income
income (net)
$4,071,091
$4,537,005
$8,516,949
$9,149,744
—
97,733
117,460
191,659
214,145
_——
$4,168,824
$4,654,465
$8,708,608
$9,353,889
1,792,562
1,904,323
3,600,022
3,834,031
Is
of debt
Divs.
etc.—
income
declared
320,850
460,649
91,752
168,663
35,581
64,995
—
declared
not
preferred
stock
in
the
and
18,665
26,504
39,602
1,338,079
1,340,685
2,677,542
,
54,331
the
transportation
com.
213,147
426,110
427,617
64,422
18,162
from
ry.
111,730
$0.14
share-
$657,201
$0.20
.
$1,252,863
$0.38
and
a
suit
of the State and the
city of Minne¬
excess
profits
taxes
in
$0.41
welfare
of
more
than
500,000
persons''
St. Paul &
Sault
Ste. Marie
Ry.—Earns;
1
1941
1940
railway—-
railway—
1939
$3,785,411
$3,713,162
$2,714,598
$2,360,182
1,140,972
oper.
.
1,308,736
736,429
494,540
—
739,558
898,272
439,047
" 174,936
22,613,573
19,158,243
16,177,588
14,127,050
5,638,495
4,869,944
3,180,308
1,672,845
3,209,074
income—
156, p. 515.
2,552,089
1,288,139
*244,927
income—
From Jan. 1—
from
railway
from railway
Net
$1,358,733
1942 periods have
been provided on the basis of a 40%>
rate for income taxes, and a
schedule of rates ranging from 50%
to 75% -for excess profits tax.
Should the Revenue Bill of 1942, as passed by the House of Repre¬
sentatives
on
July 20,
1942. be finally adopted,
the p'-ovisi^n for
Federal income-and excess profits taxes, and charges in lieu thereof;
as shown
above, would .be increased with the result that consolidated
net income would be decreased by approximately $255,000 and $500,000
for the respective three and six months' 1942 periods.
income
life
future
and
Net
per
where
1942
from
Net
Net
213,010
Crl3,883
$464,574
Net income
Earns,
Minnesota on Aug. 20 an¬
of the State of Minnesota
and declared that "the rights of the public, as a whole,
present
Minneapolis
ry.
Gross
;
behalf
in U. S. District Court at St. Paul,
filed
July-
2,729,198
Gross
;
on
directly or indirectly involved.—V. 156, p. 433.
are
net
of subsidiaries
Burnquist of
A.
protest
73,637
,
on
—
Minority interest in
income
a
pref.
stocks
Divs.
of
Mr.
Burnquist charged that
the real purpose of the
plan is "to dismember and destroy the M. & S. L. as a
pending,
in Minneapolis,
120,552
39,066
A.
J.
filing
Burnquist said that 15 counties served by the railroad produce
enormous quantities
of grain and corn which find a primary market
654,060
84,332
232,420
deducts.„
on
;
Mr.
pref. stock re¬
financing expenseGeneral interest
(net)-,
Other
697.
apolis."
discount
expense,
Amort.
Amort, of
156, p.
reorganization
factor
debt-
long-term
General
the
the protest,
In
on
bonds.—V.
the proposed reorganization of the road.
against
1,282,882
—
4%
mortgage
Minneapolis & St. Louis RR.-^-Reorganization Opposed
Attorney
inc.
583,2.98
income
application respecting the partial liquida¬
an
capital obligations by the cash purchase, at par,
$100) from Wisconsin Elec¬
the redemption, at principal amount, of $250,000
its common stock (par
and
Co.
first
its
approved
shares of
nounced
222,331
Gross
Co.- -Ap-
Transport
&
Fed.
than
lieu
Railway
the company's
5,000
3,827,323
profits tax*
of
SEC has
of
tion
1,779,387
4,596,776
profits taxes
excess
Electric
Milwaukee
plication Approved By SEC—
Co.)
Servie
935,207
2,309,505
income
Charges,
$18,547,958
1,129,596
excess
excess
Public
2,382,951
;
other
inc.
Illinois
1942—3 Mos.—1941
Period End. June 30—
Operating
•Federal
Reduced—
directors
445,796
$6,837,034
Federal excess profits taxes has been made
that any such tax will be payable.
Current assets as of June 30,
1942, were $32,905,730, and current
liabilities were $5,737,442, including reserve for 1942 Federal and State
income taxes.
Net current assets as of June 30, 1942, were $27,168,288,
5,149,306
$23,146,687 $20,165,063
of
247,477
$2,536,331
depletion.
Note—No
possible
Middle West Corp.
25,090
5.235,818
—
9,447,700
228,334
par)-.
—
154,149
927,162
,
325,356
9,235,300
_—
356,192
$3,642,461
credits—
—
income
proposed
——
and floor stock tax refunds including
to growers of $96,930.
tprovision for
tax
payment
3,069,862
$3,530,643
$556,679
$497,898
§$189,807
336,597
$690,241
330,597
processing
after
——
250,000
stock—__
net
V.
Crll8,381
3,081,813
$6,391,237
surrendered
made
—V.
49,000
in Bay
1,627,983
$2,288,853
and
wholly
—.
1,591,450
1939
1941
&
.
„
depreciation
the
$2,366,420
additional Federal income taxes under pending
Revenue Act of 1942), $250,000; 6%
preferred stock (par $10), $5,409,950; common stock (747,108 shares no par), $747,108; capital surplus,
$1,751,636; earned surplus, $340,897; total, $10,472,576—V. 156, p. 344.
Int.
340,899
pfd.
($l
.record Aug; 11.
each
248,361
exps.
r—:
on
$2,314,407
$429,352; accounts payable-^-trade, $81,702; accrued prop¬
erty taxes, brokerage fees, pay rolls and miscellaneous other accruals,
$97,768; accrued Federal processing taxes, $359,561; provision for (est.)
Federal
income taxes, $504,602; reserve for contingencies
(Including
529,714
surplus
Rate
120,000
3,394,505
$1,592,073
Merchants Fire Insurance Co.
dend
120,000
$23,688,439 $20,185,329
14,215,388 ' 13,584,824
8,024,960
the 1941 rates.
Adjustment has been made
in the provision for taxes in the second quarter of 1942 for additional
taxes on the
Income in the first quarter of the year, based on the
(est.),
Taxes,
$2,081,044
——
Total
in
23,808
$2,486,420
process.
Liabilities—Bank
crop
3,403,148
employees—j———
deposits, and deposits
...—
——
stock
$4,549,455
..40,826
$2,434,407
$821,860
$10,472,576.
Net
—
•After
eral
to and on behalf of beet growers,
expenses—•current season, $268,403; inventor¬
ies, $4,011,978; deferred charges to future operations, $51,083; prop¬
erty, plant and equipment (less depreciation of $3,781,668), $4,540,366;
rolling
stock,
automobiles,
tools,
etc., less depreciation,
$260,002;
weigh
stations,
sidings
and equipment, less depreciation,
$40,784;
lands
and buildings held
for sale, less depreciation, $30,472; total,
Other
—
Paid-in surplus —4——
Earned
257,029
,
1942—6 Mos.—1941
1942—3 Mos—1941
7,765,4491
...
$3,286,269
income
•In
,
568,709
•—
royalties and sundy
distribution to
cum,
253,197
expense-
$610,894; loans and advances
(net),
290,972
fund
—
rents,
Reserves
Common
was
59,572
sub.
bldg.
thereon
$0.23
sales
Earnings per
31,798
62,722
tax.
contingencies
$223,567;
and
managers'
leases
on
Net
,
taxes,
for
$649,825
$0.20
$921,392
$0.19
abandoned
State
.1,702,133
contingencies (including $100,000 for possible additional Federal income
taxes under pending Revenue Act of 1942).
Jlncludes excess profits tax
of $42,000.
SDeficit.
6.372,663
———
payable
Prov.. for
Store
$635,353
$0.10
from
income
and
$4,507,188
1459,000
year—,
in
of
net
•Excess
—559,731
Liabilities—
Accounts
$346,252
•
share—
& adm. exp.
gen.
Leaseholds
23,353
:
——
interest
525,828
——
stock
and
sold or
oper.—
profit
pfd.
306,188
—
Prepaid expenses and deferred charges..
Cash
35,177
sales—
Deprec.
1,671,367
28,298
on
8,482.293
——:
Investments
44,716
for Federal income taxes,- as shown above, would be in¬
approximately $3,000 and $5,500 for the respective three
1942 periods.—-V. 156, p. 607.
'
;
income
Net
226,617
located
•Federal
500,000
—
payments on merchandise—
Inventories
6,513
23,860
——
profit
Other
$956,220
of
for
Divs.
$8,639,203
150,000
———
;
—
(net)-—
&
Net
$4,423,150
22,433
Invest,
-
&
Advance
3,699
23,8.91
sales, less returns $12,643,169 $11,941,797
Sell.
168,444
,
234,897
Depreciation
and
91,004
.
$931,746
Maintenance
1942
banks
;
9,965
Operation
Consolidated Balance Sheet,
in
13,207
prof.
taxes-
"
$4,338,744
$4,332,146
;
$1,381,590
234,771
Mich.
City,
$1.38
excess
'
Assets—
Cash
by
Provision
4,081
$345,046
share-.
present
on
90%.
275,990
,
$1,595,031
247,368
sale
equip,
919,778
$49,727
_
common
per
♦Based
tax rate,
119,870
8,183
,236,207
,
—927,113
——
income
Earned
—230,898
—
dividends
$2,468,857
967,826
$3,918,187
.Preferred dividends
Common
excess
profits taxes
—
and
taxes
(net)
prop,
$100,000
♦Prov.
Fed.
in
1942
operationsloans
Assets—Cash
$2,370,453
98,404
$3,847,875
—
————
1,042,875
Sugar Co.—Earnings-
from
on
1941
$30,734,914
Store operating,
2,540,964
1,118,760
stock——
Balance
1942
sales——
2,566,923
i
————————————
(& Subs.)—Earnings—
sales
Cost
the
on
are
Six Months Ended June 30—.
Net
estimated
been
have
1942
Federal—a.—
deductions
Fed.. inc.
on
Loss
tax
in the proposed new revenue
substantially changed upon final
provision for taxes should be amply suffi¬
tax liability of the company for the first
suggested
the
cover
$1,089,646
139,050
months'
six
of
1,503,107
————
during
Frofit
$856,389
f
$335,183
.
for
1,557,483
depreciation.
on
for
Prov.
consideration
under
now
the
of
enactment
cient
taxes
income
615,000
$103,904
450,000
23,098
85,000
—
62,500
'
profit
Note—Federal
six
11,547
———
Fed.
for
creased
938,968
—
2008.
from
•Excess
emergency
facilities
Prov.
32 689
55,717
38,633
44,663
;
288,836
5,516,939
987,516
—
discount
preferred
p.
for
Prov.
Loss
income
debt
—
155,
Profit
91,155
111,433
Other
271,759
;
increase
Years Ended June 30—
'33,571
12,614
«■
8,281,449
5,741,431
expenditures-
—————————
—,
on
retired
4,104
19,730
4,354
—
6,734
Sundry
provisions
and
as
divs.
and
received—
Discounts
Total
$841,774
70,995
•Federal income taxes in the 1942 periods have been provided on the
of a 40% rate.
Should the Revenue Bill of 1942, as passed by
the House of Representatives on July 20, 1942, be finally adopted, the
J
profits
excess
;
of
income
Net
An extra
$8,633,623
7,012,278
$4,938,247
2,006,324
$194,292
$24,451,881
9,319,842
interest
Michigan
exps.
Operating profit
earned
$736,722
85,601
basis
Cost
$26,171,851
*
long-term debt
—
—I——.,——_i.—„
on
Miscellaneous. other
1942—6 Mos.—1941,
1942—3 Mos.—1941
—
and
—
—————
income
Gross
Interest
Int.
$459,443
Fed.
excess
income
per com.
Gross
1941
——
income—
income
Interest
quarterly
of
——
—
;
miscell.
and
estimated
for
General
was
sales
of
166
{
Earnings—
depreciation——
operating
Other
Maytag" Co.—Earnings—
Net
11,218
207
155,522
1942
conversion
gas
income and
Provision
per
Period End. June 30—
:
11,024
61
Mid-Continent Petroleum Corp,—Earnings—
*—.
for
Federal
including March 31, 1942, the company made
37V2 cents per share on the common stock.
also paid on Dec. 24, 1941.—V. 156, p. 255.
and
to
$214,966
139,107
32,163
operation expense—-
Provision
share has been declared on the common
stock, payable Sept. 30 to holders of record Sept. 9.
A similar dis¬
tribution was made on this issue on June 30, last.
From March 31,
cents
$197,728
$42,050
been
Mathieson Alkali Works—Dividend of 25
distributions
129,391
24,564
Maintenance
Amortization
1938,
Crl,"751
$34,373
•
.
Amortization
declared payable
Sept. 15 to stockholders of record Aug. 31.
This distribution is de¬
rived
entirely
from
dividend
and
interest
income after company
expenses.
On June 15, last, a distribution of seven cents per share,
as
against six cents on March 16, 1942. Payments during 1941 were
as
follows:
March 15,
10 cents; June 16, seven cents; Sept. 15, six
cents; and Dec. 15, seven cents.—V, 155, p. 2096.
of 25
Cr318
178,549
Operating revenues
Gas purchased for resale——
$18,988
\
distribution
dividend
Cr 50
21,393
Earns,
2401.
p.
Taxes—State,
A
Cr50
29,412
——
Years End. June 30—
Maryland Fund, Inc.—Five-Cent Dividend—
A
5,500
115
Period End. June 30—
13,461
com.—
344.
p.
479,369
income
oper.
152,
Other
avail,
72,934
Michigan Consolidated Gas Co.
$22,675
pfd. stk.
$5
accru.,
Bal.
85,683
1,157
428,003
271,250
$36,136
serial
5.524
$900,977
deducts,
Net
Div.
$61,286
mortgage
Other
$771,766
1,285
'
——_—
earnings
Net
$856,613
204
*———
taxes
Net Income
—V,
,
161,883
expenses
than
income
Net
$136,531
225
—
expenses
Rent from lease of oper.
Operating
1942—6 Mos.—1941
1942—Month—1941
$149,643
—
rev.
oper.
Operating
excess
retir.
for
Prov.
$3,633,935
1,794,699
,
and
taxes
profits
$4,028,053
146,216
...
_
taxes
income
$313,742
151,40J
18,506
Operation
Fed.
$327,784
revenues
150,237
411,775
'
Michigan Associated Telephone Co.- -Earnings—
Uncoil,
Gross
16,430
90,203
—
—
admin,
&
income &
'•
Period End. June 30—
27,618
21,917
_L
Total
Taxes/ other
♦Federal
1942—12 Mos.—1941
$4,006,136
$3,606,316
1942—Month—1941
$326,137
$311,990
July 31—
operat.
8,935
-—J
;
Miscellaneous
3,020,429
$143,367
Marion-Reserve Power Co.—Earnings—
Period End.
207,562
8,985
divs._
companies;
Interest
$288,358
deprec
earnings
156,
-V.
'•
.
Non-operating
Other
$463,808
398,088
3,839
stock
$233,884
149,250
dividends
interest
Bond
$488,173
$220,917
79,797
stock
Common
1942—5 Mos.—1941
$4,742,776
$3,672,118
1942—Month—1941
$756,555
Period End. May 31—
Gross
,
•
d" !■
Total
Pref.
Power Co., Ltd.—Earnings—
Mexican Light &
A similiar distri¬
each quarter since and
this issue
1942—6 Mos—1941
Income, sub. cos. consol.:
Gen.
2096.
p.
$100,
Dividends
including
June 15,
1941.
On Dec. 15, 1940, a payment of $1.50 per share was
made.
Arrearages as at June 16, 1942, amounted to $13.50 per share.—
V,
par
1942—3 Mos.—1941
Period End. June 30—
a
holders of record Sept. 3.
value, payable Sept. 15 to
has been made on
bution
$5
also made
were
stock,
preferred
cumulative
to holders of record Aug. 26. On March 1, last, a dis¬
was made on
this issue.
Payments of $5 per share
on March 3, Sept, 2 and Dec. 29, 1941.—V. 155, p. 639.
payable Sept. 1
tribution
5 7«
the
on
(Parent Company Only)
Income
...
account
declared a dividend of $2.50 per share on
The directors have
of
Statement of
Mfg. Co.—$2,50 Preferred Dividend—
Merrimack
25 cents per
following extra
June 26, $1.75;
Monday, August 31, 1942
CHRONICLE
THE COMMERCIAL & FINANCIAL
784
oper.
.
—
.
•Deficit.—V.
.
the
Minnesota Mining & Mfg. Co.—30-Cent Dividend—
The directors have declared
common
50
Jowi:
p.
stock,
no
par
value,
dividend of 3.0. cents per share
payable Sept. 10 to holders of
a
A like amount was paid on June
cents on
March
10.- 1942.
Payments
Sept.
3.
April
2096.
1, June
1, Sept.-10 and Dec.
,
'
on
the
record
10, last, as compared with
during
1941
were
as.
12, 60 cents each.—V.
•
folw
155*
Volume
collateral trust 10-year 5%
lien
outstanding first
revenues.—
$809,390
$745,955
$9,326,616
$7,968,278
Operating
expenses....
223,360
242,273
2,875,911
2,434,428
179,675
73,496
1,652,610
758,470
Illinois
80,082
77,724
929,727
886,413
Chicago, 111.—V. 156, p. 609..
62,500
68,452
779,762
693,452
7,128
6,893
•'■Federal
taxes
taxes
,—
—
retirement
Property
Net
Other
205
$3,083,392
1,602,726
deducts.
5,836
5,797
1,592,918
74,698
199
9,768
$145,030
applicable to preferred stocks
$1,425,544
$1,518,969
990,825
990,825
u-.L—-
$434,719
and
to
.
"Includes
$126,556 N
,
> .
,
this issue
RR.—Appointments—
Pacific
Missouri
156, p. 433,
\
1
.
,
1,
Sept.
stock,
no
;
:
Ry.
on
par
$30
to
:
^;(•
Higher—
'/
,
f
,
have declared an initial
stock, payable Oct. 15 to holders of record Sept, 15.—•
1444.
•';j-.Ljy";%%y Y^Av%.%
p.
Julyr—
•
%/■,':
698..
p.
Other
f
—V.
production
V.
156,
1941
1942
1939
1940
,
609.
p.
•
%
both
Net
Uncoil,
oper. income ...
From Jan. 1— : i
: :
46,942
86,333
102.940
131,236
Operating expenses
1,525,205
' 1,266,147
1,249,665
Net ry.
from
604,065 " ' "
railway—
488,421
-
rev.
9,515
Operating
1,791,010
1,574,971
10,483,217
.9,273,298
587,859
expenses
468,132
2,906,047
2,554,621
taxes
—
income
'
—A—A'
oper.
income
p.
$2,484,138 $16,000,940 $14,324,783
54,987
" " 47.094
9,218
$2,845,700
Li.
-A A.
Co.—Earnings
1942—6 Mos—1941"
1942—Month—1941
revenues
oper.
Operating
156,
LA
$7,781,264
11,287
1,833,076
301,140
327,143
$2,449,770
$2,556,689
$431,817
$457,316
liet operating Income
;
last.
156, p. 82.
.
1942
Louis
St.
&
Chattanooga
July—
1941
'
Ry.—Earnings—
1940
1939
.
$1,716,633
income.—
2,365,166
516.
V'lvi> <
1,903,466
railway
from
ry.
railway
oper.
156,
i
563,159
p.
3,229,986
8,470,079
8,645,336
1,687,050
935,781
;
1942
before
excess
Note—Federal
$1.26
taxes, surtaxes and excess profits tax
(1942) on the basis of the Revenue Bill of
1942
,
,
vyL-r'-'"''1 r'/
National Cylinder Gas Co. (&
Subs.)—Earnings—
1942-^3 Mos.—1941
1942—6 Mos.—1941
taxes..
$1,337,456
$806,368 t$2,231,000 $1,586,883
'share-^w-i—-a.--$1.69'.;
$1.19
Net income after taxes...---...-..-----:,
376 000
786 883
"Earnings per share.———--—
..$0.28
$0.5.9
"On 1,335,701 shares issued,
tin the absence of an amended tax law,
provision for Federal income and excess profits taxes has been made
in the amount of $1,855,000 computed at the rates used in the bill
recently passed by the House of Representatives.
Note—Income from investments was about $100,000 less, after taxes,
than In the first half of 1941, because of the delay of dividend action
by companies in which stock is held, although such companies are
showing Increased earnings before taxes.. The management expects
to receive substantial income from these sources before the end of the
inc.
before
"Earnings
.
June
corresponding
and domestic
subsidiaries, for the six months
$9,512,779, an increase of 40%;■ over the
period of 1941.—V. 155, p. 1922.
30,
1942,
were
National Discount
Corp.—Dividend Decreased—
declared a quarterly dividend of 40
share on the common stock, no par value, payable Sept. 10
of record Sept. 1.
This compares with 50 cents per share
paid each quarter.—V. 152, p. 1441.
The
directors
have
National Distillers
A
Products Corp.—Special Offering—
special offering of 10,000
shares of common stock (no
par) at $25.25 a share, with a commission
share was made on the Stock Exchange
Glore, Forgan & Co. The offering was
16 minutes and was allotted on a basis
p.
164.
-
•
cents per
to holders
previously
•
;
of 50 cents a
Aug. 21 by
assumed
be
at
by
$174,488;
•
$62;
total,
North Star Oil, Ltd.—Accumulated Dividend—
dividend
A
Oct.
1
8%
of
cents
the
ort
holders
to
Jan.
on
of
2, April 1
been declared on account of
preferred stock, par $5, payable
share has
per
7%" cumulative
record
Sept.
and July
distribution was made
and in each quarter during 1941.'
A similar
1.
last,
1,
4,673,672
v.""';/*■'.'■
-V'-
.2283.
P
North West Utilities Co.
(& Subs.)
-
face
the
156,
1%
$8,692,325
8,088,654
2,970,899
2,786,630
386,105
"Fed.
;V
y
.
X
,
Court
District
Act.
The company states that its
liabilities approximate $282,000. L-yV
Chapter 10 of the Bankruptcy
assets approximate $314,000 and
states that the corporation is unable to pay debts as
they mature.
Judge John P. Hartigan of the Federal court appointed
two trustees to operate the business and also enjoined creditors from
t-
plan./:
$
Ry.
Maint.
of
Maint.
of
Traffic
&
way
Other
struc.
equipment.,—
expenses
v-—-
«rail i
expenses ■
-
;
'
■
'
'
**■'
House
:/
4,661,192
7,634,459
575,007
33,239,440
62,568,420
< 4,099,260
13,289,107 111,592,828
1,382,083
11,576,591
40%
from 50%
and
approximately $72,000
months' 1942 periods.
rate
to 75%,
•
25,933,076
50,574,162
3,823,527
88,371,609
9,193,814
Taxes
Net
2,215
exp.—.-
1,447
■
Net
income
"<..
-■
10,207,585
33,847,294
10,649,349
7,456,879
111,896
115,040
50,909,308
*
882,829
44,496,643
940,507
9,658,815
■~~Ji
.—
7,341,839
50,026,479
27,774,751
43,556,136
28,352,512
4,023,994
y
of Company Only
$106,417
$80,275
1,261
5,264
4,444
<
3,892
.
2,526
2,904
..
y
4,490
inc.
&
5,281,800
profits taxes
excess
1,595,221
22,251,72^ .,15,203,624
21,222,621
6,232,957
156, p. 698.
—V,
$58,861
$68,437
1,376
765
2,228
$33,841
July—
■ '
Net
ry.
V,
income—
'•%
oper.
From Jan. 1—
Net
ry.
railway—
from
—V.
railway.—_
from
Gross
Net
income—.;
oper.
-
$57,485
$67,672
$92,805
;
$95,033
Should
rate.
1942 periods have been provided on the
the Revenue Bill of 1942, as passed by
Representatives on July 20, 1942, be finally adopted, the
above, would be increased
respective three and , six
provisions for Federal income taxes, as shown
by approximately $175 and $450 for the
months' 1942 periods.—V. 155, p. 2370.
Water
Northeastern
End.
30—
June
$668,197
155,738
54.156
59,052
227.964
taxes
63,185
59,069
272,485
$2,582,475
1,121,405
33,740
L
retirements-
for
Subs.)-
$2,744,284
287,395
40.524
—_
$638,499
285.900
revenues
expenses
Maintenance
General
(&
1942—12 Mos—1941
1942—3 Mos—1941
Operating
Prov.
Corp.
Electric
&
,
A
Earnings—
Period
^ y,
———
1,087,149
142,786
<■
:
231,126
244,133
tax.
73,649
53,881
265,581
188,434
Operating income1939
1940
1941
1942
$150,783
$145,362
$701,112
$688,847
for
$5,095,082
2,203,811
$3,681,207
972,681
1,073,260
1,166,742
583,810
472,050
1";■'
25,488,553
48,095,985 -32,685,956
7,471,146
21,112,337
13,693,943
22,758,059
inc.
46,746
51,689
179,804
183,702
$197,529
$197,031
$880,915
$872,549
46,044
50,134
189,728
197,614
1,282
612
1,055
10,917
1,068
1,467
6,110
4,558
963
2,632
2,784
$681,391
.
$3,288,569
1,116,420
Fed.
income
Other
$8,106,849
4,064,860
railway
from
Net
:
<
railway
from
Gross
40%
a
HoUse of
Prov.
Chicago & St. Louis RR.- -Earnings—
New York
of
3,594
303
"Federal income taxes in the
the
;■.
1942—6 Mos.—1941
$66,213
v
■
'l''
2,198
payable--
income
Operating
-
Federal
3,345,118
fixed
after
charges'
3,996,721
5,634,821
charges.—^
inc.
"Incl.
40,701,723
1,515,513
fixed
for
avail,
Net
5,941,366
9,770,711
__
deductions
fixed
Total
8,655,884
8,307,412
income
charges
.
10,392,998
.
basis
income
oper.
ry.
Inc.
If;
1,335,341
.
1,649,597
-
Total
70,291,500
27,788,322
1,463,299
rents
Net
96,020,208
44,925,487
8,906,882
11,987,391
18,863,891
accrualsjoint facil.
tax
and
Other
4,710,684
from ry. oper.
rev.
"Railway
Equip,
charges
aggregate
$34,144
income
notes
on
and
the
in
the respective three and
2,331
taxes-
income
Gross
Int.
profits taxes,
■.
$40,138
admin,
"Federal
for income taxes, and a
in the various brackets,
1942—3 Mos.—1941
income
&
Gen.
$250,212
periods have
1942
increased
$152,000 for
Income Statement
Period End. June 30—
Total
'
39,529,239 319,096,747 248,187,688
52,118,
5,584, 908
8,992, 333
577, 461
16,421, 613
1,678, 028
revenues,.—
oper.
'
a
$266,031
the
in
taxes
profits
of
basis
$2,152,795
1,902,583
profits tax.
Should the Revenue Bill of 1942, as passed by
of Representatives on July 20, 1942, be finally adopted, the
excess
t
.'$
the
on
20,595
$1,930,099
1,664,068
$126,668
$97,195
excess
rates ranging
of
for
.
-
1942—7 Mos.—1941
'
234
provided
schedule
six
1942- —Month—1941
'
and
income
"Federal
952,547
provisions for Federal income and excess
lieu thereof, as shown above, would be
New York Central RR.- —Earnings—
(Including All Leased Lines)
836,252
u—--
income
Net
been
by
?
deductions
Total
*
$1,079,215
$2,128,890
23,905
$1,909,505
11,157
9,226
$.933,448
,
in
V
L.V;^r
-
548,355
189,553
258,915
$1,068,058
met)
income
the
On Oct. 9 the court
corporation.recently moved from Fall River (Mass.) to Coventry,
("Boston News Bureau.")
R. I.
87,988
$924,222
income-
Income
Gross
petition
bringing suits pending the reorganization period.
will fix a day for the filing of a reorganization
175,534
in¬
of
———-
oper.
Other
which operates a textile dyeing and finishing plant
I., on Aug. 26 filed a petition in the United States
at Providence, R.
I., seeking a reorganization under
R.
18,199
9,908
22,088
tax
profits
excess
yy. ..taxes
company,
Coventry,
1,054,564
42,638
,
990,377
1,219,003
859,688
.'.r 6
Reorganize—
Newport Finishing- Co.—May
.This
lieu
in
&
come
Net
in
profits
excess
Charges
annum,
per
taxes_
income
470,554
1,030,485
'
'
Inc. Such purchases would
computed as to yield to the pur¬
so
434.■_A
p.
"Federal
*:
1941
1942—6 Mos
1,403,228
$3,962,198
1,292,090
$4,221,193
revenues__
oper.
■
-Earnings—
1942—3 Mos.—1941
Period End. July 31—
Total
Service,
price
but in no event at a price
amount plus'accrued interest to the date of pur*
of
%
company
than
of
schedule
an
Public
Orleans
New
fixed
a
chase,—V.
7,378,623
156, p. 434.
8,092,983
Y.'v
3,727,131
Gross- income
interest
Other
6,682,298
3,305,907
Bond
interest
of
Amortization
discount
Minority
....
&
exp.,
debt
etc:
interest
.
y
692
:
Net income
Niagara, Lockport & Ontario Power
Earnings—
.
"Oper.
revenues—^
rev.
deducts—
Operating incomeincome
Other
Co. (& Subs.)—
■'
'
Period End. June 30—
Operating
...
■
y-
$707,981
1,088
1942—12 Mos—1941
$3,076,649 $13,553,646 $12,412,541
2,474,934 10,512,807
9,881,855
$601,715
Dr65
,
$3,040,839
£>r3,412
pfd. stock
91,579
91,579
366,317
i—-L
$56,864
$52,276
$315,074
$290,358
Balance
1942—3 Mos.—1941
$3,116,323
2,408,341
__L——
Dividends on
$656,676
366,317
$2,530,686
2,917
—V.
Northern Pacific
railway.— $10,517,680
3,821,508
—
2,442,396
oper. income—
from
Gross
income
—
$709,070
$601,650
$3,037,427
$2,533,603
—
345,519
355,676
1,384,360
1,418,185
—
deductions
Income
from
Net
ry.
Gross
completed within
Net
of 62.9%—V. 156,
"Provision
income
30,
1942,
Federal
was
$245,974
$363,551
__
for
income
taxes
based on 45%
for
the
$1,653,067
three
of the estimated
$1,115,419
months
ended
taxable income.
railway
From Jan.
from
Net
rv.
—V.
<
1941
1940
1939
$8,060,383
2,964,661
2,519,396
$5,661,398
$5,323,766
1,088,034
869,585
744,462
482,720
43,288,041
11,882,409
9,646,421
36,285,348
33,313,564
7,187,719
4,336,191
5,146,504
2,176,131
1—
railway.—
60,007,140
railway—
17,167,062
12,063,565
from
Net
$143,855
Ry—Earnings—
1942
July—
Gross
$148,443
1925.;
155, p.
Net
June
-
,
2370.
p.
108,129
,
per
^NeT^ale^o/^company
.ended
155,
401,494
Miscell.
Period End. June 30—
Net
J
common stock ($5 par),
surplus,
earned
495,333
520,005
.
608.
29,875
'
accounts payable,
1, $29,675;
$132,899;
209,761
esti¬
Representatives.
;
Total current assets as of June 30, 1942, were $2,597,467, including
cash of $751,438, compared with total current liabilities of $896,018,
leaving total net working capital of $1,701,449.
i; :
;
The company has on hand $1,002,024 of series B tax savings notes
reserved for future income and excess profits tax payments.—V, 156,
p.
$29,777.
29,675
,
by the House of
passed
as
surplus,
600,356
Transportation
estimated Federal normal taxes, sur-
income
calculated
were
C,
common.
including
profits taxes.
charges,
all
and
mates
$4,259,681
972,899
1
455,549
$1.37
payable July
$11,530; deferred credits, $29,902;
capital
515,185
Period End. July 31—
418,060
profit
"After
25
$29,069
.•
/
Liabilities—Dividend
Operation
1941
.
1,321,360
taxes
Earnings per share on
taxes
V
$5,702,166
sales
"Net
50
leases
accumulations
$7,208,130
5,371,415
1,765,347
1,030,082
taxes
Federal
July
266,632
Subs.)—Earnings
National Container Corp. (&
Profit
$29,752
'
$224,761; accounts receivable, $78; net book value of
and field equipment, $1,156,816; furniture and
(net), $2,471; deferred assets, $181,431; total, $1,565,557.
;
Federal taxes,
A'aAAY'A,A YY" ' "VAv';
approved
21
■
6 Mos. End. June 30—
Net.
$29,018
Taxes
The
10,970,318
before
rights,
fixtures
28,502,655
6,620,800
$7,661,336
$1,249,561
846,869
$1,333,180
961,756
%YA.;V'A
,
^
21,737
cAl..' AAAlA——
Depreciation
;
Net
$58,909
17,419.
21,503
A
income
1941
38,505
ffr -ff Comparative Balance Sheet, June 30,1942
1942—6 Mos.—1941
4,770,094- .30,911,970
1,262,332
6,506,989
Y-4 Y
Aug.
on
The
V
$1,294,223
$1,149,694
280,894 -> 224,492
341,875 VI ' 174,125 '.
143,467
$2,626,545
- 936,284
Net ry. oper. Income.—
504,783
From Jan. 1— ■■*% 1
Gross from railway..-L
14,955,635
Net from railway
—
4,279,831
—V.
1942
$69,026
—
Maintenance
cents per share on the
18. This
Last
made the following payments; June 16, 75 cents;
from
1,238,299
-Earnings-
,/; '■
application by company, proposing to
SEC
Dividend Declared— AY
have declared a dividend of 25
Nashville
Net
1,234,858
acquire for retirement such amount as may be purchasable of $1,624,500 50-year 5%
non-callable consolidated first mortgage gold bonds,
due Jan, 1, 1942, of the New Orleans City & Lake RR.
The bonds were
1,728,561
stock, payable Sept. 30 to holders of record Sept.
with 50 cents each paid on Mar. 30 and June 29,
year, the company
and Nov. 26, $1.50.—V.
Gross
176,545
$3,197,791 $10,783,392 $17,183,360
Assets—Cash,
Retirement Plan—
chasing
Brass Co.—Smaller
directors
The
"■
,
payable
mineral
New Orleans Public Service Inc.- -SEC Approves Bond
)
less
compares
$3,374,336 $12,018,250 $18,421,659
176,313
$1,550,964
income
;.;S
$7,297,052 $45,141,168 $42,411,510
- * 15,065
:
60,874 - r* 79,925
1,268,710
Net income
,164.
Mueller
-
5,168,087
■—
taxes
—
"
common
$1,727,277
—
funded debt
Telegraph Co.—Earnings
&
revenue.;.
revenues
oper.
r~V. 156, p. 698.
Period End. June 30—
—V.
$3,359,438 $12,015,626 $18,298,394
14,898
2,624
123,265
Arrearages as at July 1, 1942, amounted to 35 cents per share.—V. 155,
325,041
,381,878
516.
..A Mountain States Telephone & Telegraph
Net
6,981
income
Net
•
945,133
499,078
519,120
447,667.
.429,329.
Income—
oper.
Operating
Operating
r
railway...
156, p.
Net
$1,720,296
operating
Dividend
generated
1942—Month—1941
Period End. June 30—
110,386
Operating
0120,694'
156, p. 610.
Other
*
$218,748
Uncoil,
2,188,544'
Dr49,088
income.
income
on
$1,187,000;
England Telephone
115,149
from
3,434,370
385
balance.
oper.
$1,565,557.—V.
New
$234,977
ry.
491,674
015,657
net—522,537
North Central Texas Oil Co., Inc.-
Association—Output Up 4.17%—
kilowatt-hours,
in
121,652
Net
$16,230,544
Operating expenses
Depletion and properties charged off—
England Power Association and subsidiaries for
of New
$242,493
—V.
13,706,744
$8,630,343
Operating income
and purchased,
the week ended
Aug. 15, 1942 (the amount available for New England Power Associa¬
tion
and
other
reporting companies and secondary sales to
other
utilities) was 60,545,388 kwh., against 58,122,091 kwh. for the week
ended Aug. 16, 1941, an increase of 4.17%.• • ■
■'% Wv';-S. Y%v //' ■ v./;.
For the preceding week ended Aug. 8,
1942, output was 57,835,784
kwh., an increase of 1.16% over the corresponding week last year—
Total
>
115,035
Net
25,108,629
3 Mos. End, June 30—
y;vY
$253,072
Gross
2,717,392
$2,883,421
income
Net
Aug. 21,
New England Power
.%>
RR.—Earnings-
.
from
from
rent,
income,
Interest
& Electric Association—Output—
u
railway—
Net
3,979,247
facility rents (net)
Net ry.
.'
This is a decrease of 459,144 kwh., or 3.90%
railway—v.
Gross
$33,738,972 $29,937,288
$1,197,374
Income
\
this Association reports electric output
below
production of 11,780,247 kwh. for the corresponding week a year ago.
Gas output for the Aug. 21 week is reported at 89,247,000 cubic feet,
an
increase of .1,020,000
cubic feet, or 1.16% above production of
88,227,000 cubic feet in the corresponding week a year ago.—V. 156,
ended
11,321,103 kwh.
.
Montour
•
dividend of 50 cents per share,
common
150,
CY54.212
$5,600,812
$5,176,621
revenues
oper.
Equipment
"
V.
136,683
1,341*278
010,750
Period End. Aug. 15—
of
'
13,543,506
244,454
1,569,758
invest.
oper.
Joint
155,
share.—V.
per
'
...
16,497,532
22,619
160,947
2,060,209
!
5.
amounted
1942,
New England Gas
Distribution—
Rubber Co.—Initial
Mohawk
the
Net ry.
•
1942—7 Mos.—1941
45,937
expenses
for
Earnings—
2,412,355
operations—4—
Transp.
account of
value, payable
declared
been
prior preferred
y''v'
For the week
R. Von Windegger of St. Louis, Mo., as
individual trustee under the general mortgage dated April 2,
The directors
"on
ended
months
195,532
Miscell.
;
Frederick
end
trustee
.1917,—V.
equipment
expenses———
General
1942—32 Weeks—1941
$55,442,760
$41,211,920
Stores in operation on Aug. 15, 1942, totaled 991, as compared with
1,045 a year earlier.—V. 156, p. 434.
./'y"; yr'L. ;• \'''; v'v
Louis, Mo., as successor individual trustee
under the company's first and refunding mortgage dated April 2, 1917,
and The Continental Bank & Trust Co. of New York as successor cor¬
successor
three
Edwards of St.
W.
porate
the
$11,819,534 $10,804,547 $77,394,589 $66,082,975
8,011,641
1,382,581
951,732
6,594,642
2,457,032
16,234,141
1,858,838
13,536,679
149,477
160,139
1,098,091
1,047,110
rail line.—_
1942—4 Weeks^-1941
Sales/—$6,744,762'$5,314,029
"$174,973
"
of
Gross
appointments have been made;
1942, the following
Effective June 30,
Presley
for
taxes
1942—Month—1941
& struct.
way
Transp.
Payments of like amount were
Mar. 10 and June 15, last, apd on Dec. 1, 1941.
on
July
on
has
share
per
$6
National Tea Co.—Sales Continue
A
$450,500
$2,059,442
i .•/■'■''' 'V.'
of
Traffic
company
Co.—Accumulated Dividend—
of record
2283.
12 months
under the
$448,678
chgs.
the
on
Arrearages
.
156, p. 433;.
$1.50
on
to holders
p.
...
fixed
of
15
,
after
dividend
A
accumulations
1942—Month—1941
1.942—7 Mos.—1941
Operating revenues ...$4,952,099
$3,512,003 $28,335,801 $18,816,482
Operating expenses,...
3,528,365
2,218,240 20,128,964
13,912,110
Inc. avail, for fixed chgs.
810.336
820,880
4,602,746
2,393,015
Fixed charges
361.658
370,380
2,543,304
2,567,994
♦Loss.-—V.
Ex¬
■•
major sub-holding
a
Sept.
^yyy\'
Missouri-Kansas-Texas Lines—Earnings—
Period End. July 31—:;
income
Western Ry.
July 31—
Ry. tax accruals
5,642
$528,144
provision for Federal taxes of $107,792 for the
1942,1 additional to the-amount required
of 1941.—V. 156, p. 433.
1
"
Inc.
/;
Maint.
Maint.
Order
Light Co.—Dissolution
.
company,
made
July *31,
Act
&
National Refining
1,239
Balance
Revenue
Power
74,692
con¬
.......
income
Dividends
Period Ended
of the Electric Bond &
Share system, on Aug. 25 asked the SEC for a one-year's extension of
an SEC order directing dissolution.
The SEC set Sept. 15 for a hearing.
The request came on the heels of an SEC dissolution order against
two other Bond & Share sub-holding ^companies,; American Power &
Light Co. and Electric Power & Light Corp.—V. 156, p. 257,.
$3,190,745
133,054
charged
ended
1,914
$283,682
struction—Cr
Net
tension—
$3,188,622
2,123
$3,081,478
243
132,254
int.
Int.
$283,439
$263,407
mtge.
on
.■V Norfolk &
National
National
The
bonds..
Income
Gross
Int.
/
Income
y"
571
$263,202
revs
oper.
Other
'•l-
'
571
Investments
,
at
Ry. oper. revenues.,
j(..
limited-term
of
Amort,
1942,
re¬
appropriations.
serve
for Federal
30, 1942 and 1941, were $225,042 and $135,303, respectively.
No
provision has been made for Federal excess profits tax.—V. 156, p. 345.
bonds,
due June 1, 1947, have been called'for redemption as of Oct. 1,
102 and interest.
Payment will be made at the Continental
Bank & Trust Co.,
trustee, 231 So. La Salle St.,
series B,
Operating
Other
provisions
June
the
of
All
1942—12 Mos.—1941
1942—Month—1941
785
The
National Gas & Electric Corp.—Bonds Called—
Co.—Earnings-
Minnesota Power & Light
period End, July 31—
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4103
156
oper.
income.—
156, p. 610.
786
THE COMMERCIAL & FINANCIAL CHRONICLE
Northern States Power Co.
Electric
•Week
output
ended
34,088,000
156,
22,
kwh.
2.67c.—V.
the
of
Aug.
for
(Del.)—Weekly Output—
Northern
1942,
the
States
totaled
30, 1942,
Power
34,981,000
corresponding
Co.
kwh.,
week
last
for
system for the
compared with
as
year,
increase
an
the
be
six
months'
and
12
months' periods ended June 30,
each period.—V. 156, p. 258.
reduced by $316,000 in
Gas
Co.—Earnings—
Gross
Net
from
from
Net
ry.
RR.—Earnings—
1942
railway-
1940
$315,629
$306,652
31,787
40,608
75,564
6,942
"3,045
Net
$320,767
43,239
10,272
income
—
retirement
per
p. 610.
156,
share
common
'
,
$9,435,579
2,490,173
,
'
.
■
•'
:
,
Net
from
from
railway—
railway
2,525,644
1,835,498
1,757,608
430,823
ry. oper. income
•Deficit.—V. 156, p.
51,478
"133,471
"83,901
164,136
—
Net
"197,918
"352,801
"273,661
Federal
699.
nine
York,
Susquehanna
&
Western
RR.—Interest
•
Payment—
Walter
and
at
Market St.,
Paterson, N. J.,
and after Sept.
on
NY PA NJ Utilities Co. (&
1,
1942.—V.
Subs.)—Earnings—
12 Mos. End. June 30—
1942
Operating revenues
;
Operating expenses
Electricity & gas purchased for
Prov.
for
,
$80,991,262
29,110,109
26,054,300
resale
7,269,037
idepre.)
of
declared
value excess
plant
prop.,
equipment
•Fed. inc.
Other
5,238,670
glass
:______
7,758,116
7,556,840
profits
6,210,608
5,723,772
9,353,741
9,050,445
$19,986,198
New
taxes
—,
__
income
_
York
——
City.'
Kloeb
the
Gross
income
Income
deductions
deduct.
(subsidiary
(NY
PA
NJ
$20,506,167 $21,658,902
12,452,770
12,819,011
companies)-
Utilities
Co.)——
1,585,037
1,424,189
of
"•Provisions
Federal
income
made
income
principally
its subsidiaries
excess
for
do
the
period
anticipated
an
not consider
tax
that they
in
1916.
the
on
NY
NJ
PA
Utilities
for
have any liability for Federal
Profits
Tax
Act
of
1940,
as
statement.
Co.
convertible
obligation
evidence
156,
is
that
has
not
the
"available
to
net
income"
$278,249 in the
for
current
Income
■
I
am
any
I
Company
12 Mos. End. June 30—
Total
income
General
Federal
Other
1942
income
taxes—
41,109
and
$3,480,951
of
t
income—.
$919,848
above.—V.
155,
Normal
stock,
have
like amount
declared
dividend of
a
was
paid
March
on
15
14
15
to
and
cents
holders
June
Months
Ended
June
15,
Earnings
—V.
the1 laws
basis
on
basis of
on
of
share—_—
common
80%
is
&
Electric
1941
Maintenance,
taxes,
penses,
Net
operating
for
(
share
record
the
on
Net
Sept. 5.
$0.85
for
to
to
subs,
1941
1941
$330,592
176,038
Dividends
on
16,944
Dividends
of
Remainder applicable
tric
Co.
to
.
at
Corp.—Vice-President—
Vice-President in
Cresson, Pa.—V.
charge of
156, p.
opera¬
517,
^
appointed Treasurer of the company, succeed¬
42 years of service.—V. 139,
p. 3971,
••••"/••
.
//- %
•
Public
Service
Farm
/:■■/■
/■
(& Subs.)—Earnings—
June
30—,
"
Company Not Combined)
'■/
.
'•■>..•*
•
1942
,
■
" 1941
;
1,972,576
120.609
State
income
taxes
income
164,243
153,043
273,775
267,643
$1,098,778
'
•
income
Retirement
*
•
(net)
Gross
•The
sale
•23,250,799
18,182
$1,131,706
accruals.
$1,116,960
291,051
deductions_________iji__.
applicable
excess
to
do
parent
not
profits
under
that.
the
$824,277
$323,444
company———
consider
taxes
292,684
$840,656
„—_
companies
of
reserve
accruals—
reserve
income
Federal
8,978,079
before
income
Balance
19,804
$517,212
they, have
1941
$486,466
liability
any
Revenue
$337,811
-
1
Act.
fot
Because
of
losses sustained
properties
in
by Texas Public Service Company by the
such subsidiary company did not have' to
1941,
any Federal income tax for the year 1941.
If such subsidiary
had not such deductible losses the amount accrued for the
12-months' period ended June 39, 1942, would have
been: approximately
$75,5C0
(1941—$9,500)
greater
than
the
amount
shown
above
for
such period.
Provision for Federal Income taxes is
computed under
1941
Revenue Act for the six-months'
period ended June 30, 1942,
on the. basis
of an.assumed rate of
40%.for normal income tax and
■surtax.
''•■
•', '• '
■"
pay
2,010
21,256,680
company
1,649
23,249,150
8,211,510
7,909,822
12,522,547
522,622
2,816,781
$2.08
$2.45
•
Gross
income
Interest,
.
$115,228
amortization
expense
debt
premium
dividends
Balance
of
subsidiaries
—_
Interest, araortiz.
of
52,028
—V.
income
Note—The
Tor
the
$20,295
600
34,760
six
months
$19,694
provided
ended
in
June
$29,264
respect of Federal taxes
30, 1942, was determined
on
on
346.
p.
■
.*"
•
corporation
turing April 1,
an
has
1944,
original
issue
of
prepayment of the 1943
$7,000,000
dividend
of
accumulations
50
cents
the
on
$2.50
Value,
payable
Sept.r
distribution was made
1941.
Arrearages
$25.87Va
15
on
at
as
share.—V.
per
to
Gross
issue
155,
15,
p.
of
from
Period En*ed—
July 4, '42
.
earnings
(est.)—
Earnings
per
common
Net
ry.
stock,
record
Sept.
4.
15, last, and
reported
ho
A
on
to
similar
Sept.
City-Ada-Atoka
to
Federal
1941
1940
$23,577
$25,242
8,054
1939
7,752
income—
4 907
1,115
*2 131
679,761
income—
p.
$28 354
1,204
161,033
166,285
221 841
railway—375,861
156,
.
32,035
railway—
50,660
34,115
72^335
8,394
•11,122
27 679
165,105
517.
Federal
,
net
for
Operating
Operating
revenues
expenses
Maintenance
and
Appropriation
for Federal
Net
operating
Gross
Interest
Other
invest.—
23,759
' 23^637
1,582,934
1,087,714
523,643
taxes
profits taxes
basis
of
______
$4,388,216
income
$4,412 558
i,671
—_
'665
___
$4,389,887
r_
debt—
debt
discount
1,608,583
,,
and
expense
262,846
65,498
to
construction.
income
$4,413,224
1,627,583
'264
Cr6,895
32,571
sidiaries
—
34^843
and
$2,429,587
excess
passed
Federal income and
excess
the
solidated
and
the
its
of
in
the
partially-owned
ended
months
first
quarter
Paramount's
combined
from
direct
undistributed
non-consolidated
July
4,
40%
and
1942,
are
to
the
on
subsidiaries.
These
share
company's
Australia,
in
1942
the
only
Western
New
except
first
earnings
film
rentals
Zealand
the
to
six
1941
of
extent
months
those
and
of
and
1
included
the
in
only
dollars.—V.
which
the
which
811
have
p.
-
assets
in
in
in
acq.
aid
of
construction-,—:
of
—
goods
sold:
administrative
Operating
from
operations—^
credits
(net)—
——
$481,384
25,539
Net
Provision
General
——:
1,969,060
450,587
Income
$199,124
—
taxes—Federal
interest
in
and
of
542,884
Crl0,012
Crl7(36it
.
to construction—.
"Federal and
,,
,
depreciation
(retirements)-;.—_
Net earnings
income
income
99,657
94,630
93,225
76,529
68,623
$230,133
$263,290
taxes--—
———__—-———
Total
7,896
Dr606
$238,029
$262,684
155,232
155,340
_______
18,543
income
$217,667
83,337
Amortization
5,292
15,543
—
Miscellaneous
Interest
on
long-term debt
of
debt
income
$252,936
Consolidated
Assets—Cash
accounts
able
not
tirement
on
hand
Balance
and
Sheet,
demand
June 30,
$118,787
1942
discount
and
expense
9,879
deposits, $461,267; notes and
receivable, $1,086,131; inventories, $2,688,211; notes receiv¬
due within one year,
$31,987; sinking fund cash for the re¬
of
preferred capital stock of subsidiary company,; $2,118;
"The
June
30,
basis
of
tax
provision
1942,
46%
for the
on
for
Federal
has been
of the
year
income
accrued
net taxable
on
taxes
the
books
income.
1942 is anticipated. "
for
* 1
No
'
the
of
$86,347
41,973
preferred stock—
11,118
$60,941
—
declared
9,879
11,977
—
Income
Net
Dividends
68,879
121,350
——
State
,
499,080
60,066
—
for
248,694
subsidiary
$1,312,713
237,323
»
_
$506,922
—
State___
income
1941
$1,439,114
323,534
__
purchased
taxes
Gross
income
$15,527,142
1942
revenues
gas
General expenses charged
1941
.
$15,853,249
611.
Maintenance
•
Profit
Income
15,071
532,854
995,783
Peoples Water & Gas Co.—Earnings-
$2,618,771
482,000
14,688
547,869
Years Ended June 30—
Natural
$3,289,424
expenses
54,168
20,827
35,121
1,290.178
—
.
——_2,326,040
warehouse and
;
Total
1942
sales
63,002
32,799
_L_
p.
»71;230
-
22,630
—
156,
949,048
damages,
Operation
Net
19,896
2,407,777
-
the
Parkersburg Rig & Reel Co. (& Subs.)—Earnings—
Cost
21,164
reorg.___-
^_______w-■■
surplus
-V.
in
46,621
120,506
reserves___'_i__—
and
:
surplus
27,658
24,563
113,441
<
v,
2,653.885
of
injuries
reserves
Capital
other
259.
26,237
liabilities———
construction
credits--^-—J——
Earned
foreign subsidiaries
Australia,; New Zealand and
company's share of current film rentals therefrom are
to the extent received or determined to be receivable
156,
for
accounts
Contributions
*188,004
: *321,226
—
accrued
adjust,
Reserves for
.
included
operations
———
201,654
191,815
395,154
been
not
->'y
has
company
25,000
reserves
Uncollectible
operating
have
j'above reported.-
1942
subsidiaries
Hemisphere; the operations of
(including those operating in England,
India
India,
subsidiaries
1"
1
and
deferred
Retirement
included the operations of
from
—
_1—136,977
advances
Reserves for
Other
(unsecured)--—
7,343,000
—i__„
accrued
current
Other
bank
83,201
7,119,250
deposits
Customers'
same
to
62,520
83,201
—1—
payable
accrued
Other
62,520
.
debt
payable
Taxes
earn¬
$2,080,025
common—
Interest
subsidiaries.
$15,527,142
$2,080,025
preferred__i—_______
common________—
Customers'
indi¬
17,851
$15,853,249
^
convertible
B
Accounts
quarter of 1942, and also includes $1,026,000 share
earnings of
partially-owned non-consolidated
sub¬
$130,000 of non-recurring income.. ilncluding $231,000
and
earhings
the
recently by the
30,170
6,638
A
Notes
second
England,
been
1942
11,399
319,753
debits
Long-term
of
undistributed
earnings of partially-owned non-consolidated
subsidiaries, while earnings for the first six months of 1941 includes
$881,000 share of undistributed earnings of partially-owned non-con¬
Net
provisions required by the
company for
profits taxes for. the six months ended June
11,837
$2,425,388
profits taxes by
611.680
289,675
Class
*$1.56
share
Minority
;
Representatives,
representing
stockholder
a
six
the
67',501
company for the six months' period ended June
30, 1942, have
made in accordance with the Revenue
Act of 1941.
If the
pending
tax bill is enacted in the
form in which it was
of
804
Cr9,l98
_
deductions..
—
Note—Provisions for Federal income
House
$482,000
as
the
for
surtaxes
6 Mos. End. June 30—
_r___
56,501
534,447
supplies
Class
'"$1.88
$0.66
charges, including estimated provision for "all
and
quarter
for
the
as
$0.94
105,224
4,941
——
Inabilities-—
undistributed
Selling,
charged
Miscellaneous
881,000
231^000
480,761
33,898
—
and surtaxes being computed at 45%.
-These
deducting $240,000 representing increase in provision
1,539 727
interest
Interest
Net
of
710^851
1,500,000
profits taxes).;
income—
funded
Amortization
electric
exc.
State income
excess
income—,,
income
on
term
and
and
4,653 004
1,600,000
reserve
the
Note—In
1941
839,350
retirement
Provision for Federal
Total other
4,674,872
________
repairs
for
(other than inc.
Provision
1942
———$14,720,488 $13,951 777
Amortization of limited
Taxes
;
interest
included
Co.—Earnings—
Year Ended June 30—
.291,005
954,486
__________
Total
Cumulative
t
19,534
and
Deferred
6 Months Ended
normal
normal
include
tEarnings
all
and
after
are
for
in
Oklahoma Gas & Electric
interest
and
.
preferred
taxes,
results
ings
Ry.—Earnings—
75,741
oper.
15,
deposits
Materials
435.
p.
1941
■
$13,602,798
and
company
July 5, '41
July 4, '42
July 5, '41
J$l,9O4,OO0 t$5,823,000 t$4,379,000
■,
"" •
■.•/.'■
"$2,908,000
,/.
45%
$125,032
"Deficit.—V.
•After
par
amount
after
dividends
of
2011.
railway—_
from
from
common
share
account
on
railway—
oper.
Net
declared
were
From Jan. 1—
Gross
A
June
on
1942
1942
from
ry.
class
holders
this
been
156,
-
287,278
warrants, receivable.—.
Accounts receivable.
Receivables from associated
announced
company
Quarter Ended
rect
Oklahoma
Net
has
cumul,
June
July—
"Net
share
per
The
maturity in May of this year.—V.
Net
Ohio Confection Co.—Accumulated
Dividend—
A
notes.
»
v
1942
$13,710,514
apcount§____.
_
promissory notes ma¬
of July 1, last, $4,000,000
30
•
..
Cash
Notes
Paramount Pictures, Inc.—Earnings-
basis
2011.
p.
as
June
plant
Special
4%
of
Sheet,
Prepayments
contemplating an increase in the 1941 rates, and is
subject to adjust¬
depending upon the provisions of the new tax law, when enacted.
155,
$750,000
leaving outstanding,
ment
—V.
Utility
■
prepaid
Balance
..
.
income
a
Consolidated
,
Assets—
I
Pacfic Lighting Corp.—Prepays Notes—
$64,024
The
—
amount
156,
share—
common
Investment .and fund
of
Net
per
40,905
.-• *
discount and expense,
corporation——————
—'
—_
Earnings
32,681
42,905
,•
——
of debt
;
•
—
Balance
$137,610
and
(net), etc., of subsidiaries——/
Preferred
etc.,
of
,■
,
110,981
and
taxes
Gross
32,228,878
12,522,548
—-
days."-r-'
$1,111,902
Elec¬
stock
appointed
been
Ended
11,709,856
36,121,471
/
———,•
30
U—1,966,818
Total
preferred stock—
common
past
./,
$3,612,650
in¬
!
.
Months
Other
16,204,477
public
Pacific Gas &
/
$3,627,720
43,742,263
14,862,781
by
been
has
-
Other
196,471
held
the
51,350,875
47,767,476
minority interest in undistrib. earnings—
1942
24,373
Woods
"Federal
21,258,690
stocks
during
revenues
;
capital
"we
point, but
average-of
running 87% full.
An example
93%
of the available seats
Were
Maintenance
17,070,896
surplus
on
systerti
ex¬
———.
said,
saturation
a
Boyer has been elected n director to fill a
vacancy caused
death of Samuel D. Warriner.- Mr; Boyer is Executive Vice Presi¬
and a director of the
Smith, Kline & French Laboratories.—V.
12
y
■
122,213,998 111,297,615
Federal income taxes—1—
income
205,505
.
C.
nonrecurring
Net
the
has
route
where
passengers
& Coke
be located
(Texas
43,938,734
—
be
Operation
1942
228,554
Federal
passengers
number of
Operatihg
47,996,030
for
of
actual
O'Donovan
Mr.
would
Peoples Light & Power Co.
■
11,874,559
provision
Norfolk
has
will
155/ p. 2285.
discount and other in¬
taxes
Provision
at
the
-
,
transportation,"
Detroit-Norfolk
number
and
„
Pennsylvania-Central
wal'-essential
Morfit
He
$0.81
———__
before
.
dent
'$175,281
——
—
50%,
Pennsylvania Salt Mfg. Co.-—New Directorby
9,129
$177,708
deductions
$345,106
,
income
at
Francis
23,740
100,000
________
'
taxes
ing C. G. Merrill, who retired after
■
etc/57,375,626
income
come
last.
C.
D.
50,950
Co.—Earnings—
administrative
Act.
profits
Pennsylvania Rubber Co.—New Treasurer—
-
,107,556
,
13,862
—i'/
depreciation——
income
our
station
tions.
,
81,428
operatihg revenue__»-_—______—________
come
per
of
and
air
the
airplane
155, p.. 1756.
$366,656
-
13,264
v
between
an
factor of 65'%
,V-- Pennsylvania Coal
1,492,455
97,940
,
in
load
a
by
ratio
(
$1,859,111
r,"
.,
$484,202
revenue—————:_i_
Revenue
excess
excess
retroactive
v
$
operating
the
aboard
.".V.
Subsidiaries-.-
Gas
is
August,
with
our
V.
.
Gross
in
occupied
conclusion."—
-
_______
the
'
carried
time
one
already
was
j
contingencies
1942
and
and
additional '^feserve
under
The
cases.
$2,798,662
law
factor
be
thought that
C.
present law
present
income
income
an
liability
recently proposed
Federal
Federul
1941 end
tax
'■
filled."/
"At
r
,
load
can
seats
155, p. 2187.
and
___
surtax
The
Which
Em¬
•
—__ —
per
of
and
2,314,460
income
Net
Subs.)—Earnings—
30—
Gross earnings
Operating expenses, maintenance ana taxes.—
Provision for depreciation and
retirements—__
Hartford
,
Act of
possible
|
$0.69
,,
passenger traffic load factor records are being broken
by this
Corporation this year, according to J. J. O'Donovan, Vice President.:
/
.
>
,
most
for
reserve
Revenue
lor
1941
t$295,591
Pennsylvania-Central Airlines Corp.—New Records—
•
,
.
1942
Provision for additional taxes and
Divs.
Ohio Cities Water Corp.
(&
■
'
■
.
operations.
tax,
V
.
(& Subs.)—Earnings—
Bond and other interest,
Payments during 1941 were as follows: Jan. 15 to and
including
July 15, 5 cents each month; Aug. 15, 10 cents;
Sept. 15, 30 cents, and
Dec. 15, 50 cents.—V.
154, p. 57.
12
:1
taxes
and
.
other
no
from other operations—
sold, oper. expenses, depreciation,-
profits
Gross
$20, payable Sept.
par
a
$883,522
Oahu Sugar Co., Ltd.—15-Cent Dividend—
The directors
common
'
,.
at
the
699.
p.
1942
"$104,213
$0.24
$177,000
the
provide
charges and
156,
'
^
1
All
anti-trust
interest, net—
share Pacific Coast Cement Corp._-—
tax
Excess
2370.
p.
arrive
can
of
payable;
minority,
the
showed
on
violation
revenue
Miscellaneous
note
I
this
review
a
,
from
Minority
2,546,163
deductions.-
tBalance
of
in
$3,429,685
2,561,103
income
See
A
Profit
28,826
:
income
that
in
.
"
Provision
Gross
Total
find
that
between
12 Mos. End. June 30—
10,200
—_______
taxes
domination
guilty
Bond and other
1941
17,394
further
evidence
$3,582,833
114,123
tAfter
—V.
and
under
to
provisions of
violating
study of the entire record I am
been a violation of the anti-trust
a
agreement
'.
346.
,
Pacific
332,647
a
—
the
charges
$41,000
laws.
6 Months Ended June 30—
Sales
Only
$3,872,101
___
expenses
and
that
companies
only
convinced
conclusive
Cost-of goods
calendar year. Such interest amounted
period and $1,313,118 in the previous period.
of
"From
can
Pacific Coast Co.
any
Statement
control
asserted
first
as
So
p.
I
,
held
by the trustees of Associated Gas and Electric Corp.,
parent company,
is payable only out of, and
(not exceeding 1%) to the extent of, the
of
engaging
/
with
but
deliberate
as
$7,415,701
subsidiaries
Jan. 1, 1942 are based
of 40%.
Company and
rate
tax, under the Excess
for the periods covered by this
tlnterest
its
and
beginning
1942
profits
amended,
•
tax
upon
$6,468,361
by NY PA NJ Utilities Co.
from
anti-trust
following
there
depletion and
■(Balance
individuals
,
'
Income
unlawful
He
the
wrote
that
beginning
pire
v.
Operating income
Other
61
defendants
in
violate
found
and
accounts
$103,153;
reserves,
share.
common
profits taxes
Of
1
the
resulted
to
firms
charges,
$193,307;; preferred
_________L_——
per
"After
•
Toledo, Ohio, Aug. 25. found guilty
Act.
industry.
Kloeb
Judge
645,944
&
said
effort
convinced
$21,012,958
(net)-.—519,970
taxes
he
at
are
charges filed
by Thurman Arnold, Assistant U. S. Attorney General, in
December,
1939:
Owens
Illinois Glass Co., Toledo;
Hartford-Empire Co., Hart¬
ford, Conn.; Empire Machine Co., Portland, Me.; Hazel-Atlas Glass
Co.,
Wheeling, W. Va.; Thatcher Manufacturing Co., Elmira, N. Y.;
Lynch
Corp.,. Anderson, Ind.; Ball Brothers Co., Muncie, Ind.;
Corning Glass
Works, Corning, N. Y., and the Glass Container
Association, Inc.,
laws,
&
container
enjoined
container
Judge
Kloeb
Anti-Trust
Kloeb
deliberate
6,354,277
5,907,594
—_
retire,
1941
$85,595,399
—
Maintenance
156, p. 434.
glass
Sherman
Judge
practices
Kidde, trustee, will pay interest coupons due Nov. 1, 1940,
1, 1941, on the terminal first mortgage bonds, dated May 1,
the office of the Secretary-Treasurer of the
company,
160
May
1893,
leading
the
New
Judge Frank L.
income
Earnings
Owens Illinois Glass Co.—9 Glass Container Firms
Found Guilty of Anti-Trust Violations—
1,810,129
deferred
$500,000;
$557,449;
company,
3 Mos. End. June 30—
Net
From, Jan. 1—
Gross
accounts,
subsidiary
$1,821,098;
.
Parker Rust-Proof Co.—Earnings—
,,,
$3.45
■
,
accrued
in
(net),
bank,
—
3,315,225
$3.75
.
»
.
payable
stock, $1,952,000;
common
stock
($1 par),
$182,000; capital surplus, $919,918; earned
surplus, $1,493,619; total, $6,118,189.—V. 156, p. 611.
1941
$11,145,420
3,566,639
2,655,926.
—
accruals.
reserve
income
Earnings
—V.
interest
1942
revenues
Gross income after
1939
$440,953
113,129
railway
oper,
Operating
1941
and
equipment'
$6,118,189.
total,
LiabHilies-r—Notes
$211,743;
Natural
12 Months Ended July 31—
Northwestern Pacific
plant
$27,378;
of
Oklahoma
July-
property,
1942, would
;
699.
p.
Monday, "August 31, 1942
would be increased by approximately $316,000 and net income
42,000
six
the
company
liability for
'
1
'i
months
excess
•
ended
on
the
profits
j
^Volume
THE COMMERCIAL 8c FINANCIAL CHRONICLE
Number 4103
156
787
'
Balance Sheet,
accounts
lone 3ft, 1942
'
of
A
of
way
Malnt.
of
&
Transportation
Misc.
oper.
4-_i—
™_
—
-
•
Net
—..i:
invest.--—.
oper.
deductions
deductions of
or
Procter & Gamble Co.
for
estimates
for
are
1942
without
of
defense
amortization
the
financing
which
expense
156„ p.. 3.47.,
,
.
will
cents
;
(&. Subs.)—Earnings—
Years Ended June 30—
1942
Canadian
funds
with. 8
compares
declared
on
the
10 cents
and
*1941
$
share
per
Net
common
'Cost
On Oct, 1, to holders .of
cents per share paid on
preceding quarters.—V.
in
282,202,502 225,116,299
_-™^
Discft'ts, allow., returned goods and sales taxes
sales
8,589,924
10,756,853
271,445,650 216,526,375
-u™—™_
of
goods sold,- before depreciation.™.™™ 173,809,751 130,562,118
Selling, general and administrative expenses™
58,828,660
47,092,573
Depreciation -™™i.:_
3,457,462
3,157,589
155,
'V
\
sales
Gross
•
'
,
share has been
per
in
This
arise
.
(Excluding Procter & Gamble Defense Corp.. and Subsidiaries in
England, Canada, Philippines and Java)
i
Columbia, Ltd.-^-Divi-
Equip,
inventory adjusts,
407,901
.Net
Operating income
Equip, rents—net -Dr.—
$875,592
$667,988
44,030
$3,444,116
25,232
71,174
60,167
329,933
1941
"
1940
$107,259
30,447
30,507
20,885
railway™.-™
.
$36,148
61,984
59,491
109,623
35,490,285
and
35.604.490
scrapped
equip,
Net
699,539
raUway—-™
ry. opOr.
728,679
1,830,581
36,029,162
264,337
37,444,072
179,456
t900,000
*29,746
075,000
113.300,000
8,867,632
profits tax
excess
Provision for Federal income taxes—™—™
Provision for other income taxes
*12,770
102,857
-
359,948
310,359
21,409,214
27,582,081
291,i7l
162,873
215,838
..
.
income.™
564,095
258,276.
from, railway-
Net from
538,877
surplus
Provision for Federal
,*7,581
,
,
Gross
operations™-
income
Total
*7,076
48,561
4
Other,
from
1939
$134,277
$96,575
,34,533
>.
Net ,ry, .oper; income™From Jan. 1—
$4,565.2Q2
21,830
from
railway,,™
'
1942
...
.
Gross from
•
Joint facil. rents—net Dr
July—
•
,
$5,776,471$6,743,249
2,332,355
2,178,046
$1,075,889
$1,125,995
450,403
revenue.™
'Railway tax; accruals-
Profit
Pittsburg & Shawmut RR.—Earnings—
'
;
5
payable
Aug. " 31.
2098.*
•p.
'
-Transp,, for
The
•728,596
r_„™™™
vGeneral expenses
of
$1,
par
July 2; last,
$3,432,947 $23,795,072 $22,535,259
3,026,321
2,648,950
425,291
.4,230,964
5,009,635
612,247
489.730
457,037
72,011'
71,856
7,729,742
8,680,529
.1,132,391
1,254,478
48,290
64,203
17,993
17,603
1'
678,411
748,177
108,535
97,281
Crl,384
struc,
•
•Traffic
1942—7 MOS.—1941 !
465,271
equipment.™
dividend
record
$3,772,490
revenues...
oper.
•Maint.
possible
Federal
income tax
for
the.
have been computed ab a 40%
for
1942
year
surtaxes.
$
stock;
1942—Month—1941
for
facilities
war
provision
the
to
and
normal
because of proposed financing.—V.
$559,702; accrued
expenses,
estimated
applicable
for
adjustments
or
,
Pioneer Gold Mines of British
dend Again Reduced—
•
-Total
(less
rate
social'security* capital stock & other taxes, $98,748; reserve for Federal,
and Wisconsin income taxes, $462,062; reserve for
contingencies, $400,000; reserve for reconditioning expense, $15,000; 7r.e cumul. preferred
stock
($100 par), $2,472,600; 7%
cumul. 2nd preferred stock ($100
.par),
$500,000;• eommori stock
($5 par), $871,500;
earned surplus,
$2,971,165; Capital surplus, $303,344; total, $8,654,121.—V. 156, p. 517.
Ry.—Earnings^-.
PeriodEnd. July 31—
Note—The
periods
$658,836;
Liabilities—Accounts payable. <fe accrued
cumulative
Pere Marquette
$39,700; inventories, $2,654,819; contingent retreasury certificates, $402,000; cash surrender value
prepaid expenses, $54,398; plant & equip¬
reserve, for, depreciation,
$5,335,794), $2,857,429; total,
insurance,
$8,654,121.
$140,434; accrued interest on long-term debt, $14,342; iriiscellaneous.
accrued items, $9,335; reserves, $994,443; contributions in aid of .con-*
struction, $3,622; capital surplus,.$278,172; earned surplus/ since Jan.
1, 1940, $120,534; total, $5,327,674.—V. 155, p. 2187.
:
,
'
life
ment
preferred stock (7,000 no par shares),
[$349,850 coriimon stock (42,500, no par Shares!, $42,500; long-term
.debt, $3,046,000; accounts payable, ($14,714 to, affiliated companies),
$50,678; customers' deposits, and accrued interest thereon, $212,418;
accrued general taxes, $65,348; accrued Federal and state income taxes,
Liabilities—$6
receivable,
fund—Uv S.
•serve
$4,576,358; cash, $173,15*7; accounts and notes
receivable, $162,460; materials arid supplies, $212,945; prepaid iri'siiranCe,' et6.," $20,864; debt discount arid expense in process of amortiza^
tion, $147,359; improvements to leased property, in process of amortiza¬
tion, $21,952; miscellaneous deferred charges, $12,579; total, $5,327,674.
Assets—Utility plant,
Consolidated
Reserve
net
profit for year
investments in and
against
310,167
—
.
y—V. 156, p. 437.
449,231
;
to
,
,
Balance
Pittsburgh Brewing Co.—Accumulated Dividend—
[[:.
Other income
19,399
-Misc.
...
362,377
$614,618
$605,117
10,828
9,433
$3,479,235
50,044
$4,120,819
46,310
—
—
deduct, fr, inc,.™,'
for
Rent
leased
equipment
.
30,123
$3,805,804
21,695
293,321
_™_™
Total income
■
$563,791
11,203
$3,088,951
12,631
$582,588
Net ry. oper, income.
(Dividend income
'Interest
rds.
debt
The directors have declared
y-
:
accumulations
.
payable Sept/12 to holders of record Aug. 27.
A similar distribution
was made on thist issue on April 22 and July 10, last, and on May 10,
,
39,791
1^890,977
$320,539 »$1,498,421
$2,151,293
269,522
——
269,779
.
v
$328,875 /
Ferfod Eiid. July 31—
•
outstanding
was
current
$5.51
one-fifth
of
tributed
plus .the market '-value
1942,
that date of
ration
to
has
enter
resigned
military
the United
Cash, dividends
•
Six Months
Force.
Ended
280,317
-™.™™™
•
!
™~i_
—
$363,295
■
■«
vy
4,802
.
.
avail,
Inc;
-
——Ju—————■,
™_—_™™
$964,781
$5,643,152
-
Total
income
5,221,042
2,819,063
Provision
for estimated
'
Net
income
"In
connection
■
'dated Oil
Federal income
;
—
401,518
3,083,749
distribution
Of
$626,469
$3,505,859
$4,135,870
4,468
15,108
87,244
138,728
^$530,441
$641,577
257,598
168,886
$3,593,103
1,293,584
$4,274,598
891,261
•
--iy,
,
for
fixed
Balance
.
Sheet,
$272,843
,
charges.™;
$472,691
3,414
Cf5,241
$21,662;
etc.,
securities
owned,
total,
$41,547), $20,684;
.serve
Liabilities—Provision
for
*
-'"Jl".y'-.'*
Net
.
$15,117,772.
■[[ : Pfeiffer Brewing Co.—Earnings—
$3,383,337
47,009
•Net
par
income
'
taxes
for
1942
based
are
oha
•
Rear
on
.
Admiral
A.
Van
H.
Chief
Keuren,
of
the
Manager
of
the
Inca
of
division
mortgage
reserved
rate of 40%.
™
259,
•
■■
,
v
;
•<
•
■
[■-.
.
Gross
revenues
--.™™-
'
* 1942'
31—
1941
$2,776,269, $2,601,666
1
810,291
.720,669
91,424
Operation fincl. maint.)
y:
,
■
'
'
,
earnings
—
charges
;
Amftrt, & other deducts,
^
Federal
income
Retir. exps.
tax
207,000
___
(or deprec.)
Balance avail, for divs.
—V.
$1,746,047
618,943
52,215
206,851
$1,874,553
539,974
100,022
252,282
258,591
$768,967,
:
26 entered
Aug;
Six
Months
128,941
$1,647,952 ' $1,616,766
676,000
676,000
11,723
10,882
112,115,
-92,182
246,051
240,758
•
excess
Cash
for
disc,
on
sales &
—
(net)
^—-
has
been
for
.
income
Net
"
Net
Cash
—™™——-
income before income taxes_^
tProv. for Fed.
•
—!™_—„—
the-like
,
y<
t
reserves
for
Federal
period of
1941,
taxes
for
State
on
according
to
.
Joseph
Balance
.
'■
j■
Hampshire—Earnings-
Sheet,
June .39y
authorized
.000;
U.
'accounts
S.
for
the
179,972,107161,654,795
of
purposes
com¬
,
of
income
$8,102,390
$7,204,759
2,674,070
2,145,811
61,867
794,425
756,305
74,956
891,924
911,847
173,996
153,612
410,230
424,848
5,672
56,670
59,266
13,018
tax
.
12,309
156,504
140,740
45,060
42,470
668,219
*436,640
$152,883
Dr57
$177,295
$2,276,352
$2,175,690
2
0rl4,961
Dr3,220
income
$152,826
$177,297
58,361
$2,261,391
$2,172,470
700,338
700,338
Gross
—
58,361
Other interest
Other
Crl,025
1,226
7,962
all-time
an
8,980
120,082
118,417
$108,730
$1,433,009
$1,338,466
55,816
55,816
669,797
669,797
Kelly
established^ Mr.
June
div.
be
to
requirements.
for
:
the
i
Federal income tax
for calendar year
1940 reflects
a
of $105,200,. due to certain deductions claimed
allowable for Federal income tax purposes arising out of aban-
donnient
•
in
with
traffic.
troop
-*
that
12
of
credit
street
railway... property
months ended
'
new
a
record was
reported, and represented a 24% increase over
For the first seven months of 1942» he said,
3,600,000 soMiers, sailors and marines were moved by The Pullman Co.
Troops traveling on furlough and men en route to induction centers,
said, were .not. included in the figures.—V. 156, p. 612,
Mr,. Kelly,
Railway and Light Securities Co.- -Earnings9 Months Ended July 31—
on
.
1941-
1942
,
.
$138,960
220,299
$377,954
—.—"
$143,659
238,994
bonds and note3_™
TOtal interest and dividends™
-™——:
$363,958
54,435
Balance
•
income™™--™—™.—'
Net':
$317,129
.$221,678
$196,141
73.413
$0.77
•™™-_™_—-----.
and amortization on funded debt—
Interest
46,829
$323,519
101,841
Expenses and. taxes-—
97.884
126,988
95412
Preferred dividends—
dividends
Common
*
share..——
Comparative
,
Assets-—
,i
•
;
———
Earnings per common
—
Balance Sheet,
$0.62
Jaly 31
..i-".';
.
•
1342^
,
1941
$8,315,506 $8,407,735
436,911
Cash
___-™_-.™—^™_-.—-------—550,792.
Accounts receivable——r-——
2t5
51,599
Accrued interest receivable
53,266
82,970
Unamortized bond discount and expense.-™—
77,181
investments
Total
™.^™-_™--r—™?™—,
——
'
Total
•
[™_
———■
-
$8,996,961
$8,979,215
$4,000,000
$4,000,000
liabilities—
Collateral
trust 3V\ '/>
Accounts
bonds.---—
payable
3.005
Series
A
Common
6%
(par
($100 par)
2.113.600
2,113,000
1,631,400
1,631,400
Total
p.
515,047
464.553
473.996
224.831
186,696
$8,996,961
surplus—..
Earned surplus (since Jan, I, 1932)..™
Special
156,
25,594
515,047
Capital surplus
-V.
,21.667
22.258
—
stk.
$10)
pfd.
cum.
stock
11,215
21.667
—-—™--
accrued™-—------
Coupon interest
liability
Tax
$8,979,215
260.
Rath Packing:
July 31,
1941.
of
which
$51,797
is
reflected
.
in
Co.—37V2-Cent Dividend—
per share has been daelared on the
Sept. 10 to holders of:record Sept
1
A
made on this issue on MaI;
A
last.
Prior to the 40%
stock dividend paid on Feb. 16, 1942. the
company on Jan. 2 also paid a cash dividend of 37 % cents per share.
During 1941. the company made quarterly payments qf 37% . cents
per share on Jan. 2. April 1. Julv 1 and Oct. 1, and, in addition, paid
an extra of like amount on Oct. 24.—V. 155, p. 2098. <
,i
A
non-recurring
.
—™.
income
•Provision
$862,250; cash
high
Aug. 26,
on
their
to
High
sleeping cars of The Pullman Co.
July; George A. Kelly, Vice-President,
the transporting of 708,000 uniformed
in
troops
15,249
8,978
$86,512
(net)
deductions
Net
1913
S.*
U.
—
$627,708
200,835
14,142
38,162
5,076
taxes
Fref.
purchase of U. S. treasury notes—tax series, $300,notes, tax series—at cost, $122,641; customers'
(less reserve* $702,048; - Insurance ,deposits, .other
treasury
receivable
-
tRevised for
$2,405,604.
—
1942—12 Mos.—1941
taxes
Bond interest
1942.
Assets—Cash in banks and on hand-—for current use,
...
military destinations.
This marked the seventh consecutive month
W.
operating income
Non-operating income..
173,081
30,
-
Pullman. Co.—Troops Transported Hits All-Time
men
income
67,207
Net
$225,789
period ending June
stook
"tAfter deducting depreciation reserve of $47,034,575 in ,1942
in 1941.—V. 156, p. 612.
"
•
' '
announced
increase of 31K
Federal &
Federal
management to be sufficient to- cover the company's liability for such
the
contingencies™...-—:—._
in 1942,
'
for
2,636,264
$44,237,475
reached
:
an
66,568
depreciation—
Social secur.,
$536,714
27,715
—.
and
State
$673,901
269,939
16,226
—_
-
State & munic. taxes
159,822
I12;i39
-.
"The provision for Federal income and. excess profits and for Wis!corisin State income taxes was made in an amount estimated by the
taxes
8,009,968
12,296,879
2,436,577
16,342,778
_™-—.—.
—i
Movement
1941
$128,652
$0.42
-
*$141,504
$0.47
1942—Month—1941
:
Maintenance
—-
—
1st pfd. stock—.—
1942
V
;
37,924
Operating revenues
336,700
on
for
Public Service Co. of New
''y,;'
inc. & exc. profits & Wise. inc. taxes——
income
dividends
$5,000,000
11,436,778
Inc.—Earnings—
'
period End.: July 31—
;
$564,489
———J-™.—
179,972,107 161,654,795
—1,
reserve
Interest
-
made
/
■
Federal
iNon-recurring
1
2,153,786
1,000,000
1,000,000
2,250,000
2,250,000
8,447,300
8,447,300
Common stock (stated value $4 per share)—25,640.000
25,040,000
Common stock in treasury (582 shares)™.—,
Dr2,328
Dr2,328
Paid-in surplus
_.^_-™-17,154,456 17,154,456
Earned surplus
—-.—.-.i
...
^
90,066,859
84,421,944
and
Working capital of the company, as shown by the balance sheet as
of July 3, 1942/ amounted to $2,322,078.
Current assets of $2,611,028
represented a ratio of 9.03 to 1 over current liahilitiea of $288,950.
There, was no outstanding note indebtedness on July 3, 1942.—V, 156,
'.■.p. 700.-
$808,676
hosiery operations——™—-^.
other misc. charges
1,367,225
57,533,785
-
reserve
,
1942
Net income from hosierjr oper, bef. Fed. & Wise. inc. taXi
1.754.841
—™—-
...
taxes
parison.
Proposals for Purchase of Bonds
profits in the amount of $283,008.
the six months totaled $4,500,295,
Purchased power
denreciation_--
318,795
60,546,783
1
3,087,495
—
™_™.--™-.™
payable to banks...
payable and.sundry accrued liabilities
♦Less
order approving the application of
bidding an issue of $5,000,000 first
sales for
net, sales
over
Prov.
.'Operating profit from
s-Provision
to
Total
Powdreli, President.
$596,943
$602,063
Ended June 3ft,
■.••'.■'■y
before it declares any dividend on its common
.V
:
Operation
the
34,349
1,764,249
347,473
:—
(cumulative) preferred
preferred stock
8%
5%
to be used primarily to increase the company's generat¬
are
tProvision
Net
$72,130
.-y
for
.
an
competitive
at
PowdrelL & Alexander,
land
Phoenix Hosiery Co.—EarningsEarnings
•
charges and taxes—™—™J
[Earnings per,share on 300,000 common shares.
f
131,297
156, p. 612.
623,009
493,013
Net profit after
'
1939
$2,417,837
$615,757
1,051,763
863,665
6Months Ended June 30— '
v
Net
advances
and
1,845,102
1,869,109
1—
subsidiaries
Dividends received
;
'
Interest
1,194,207
•
1940
$2,472,283
693,033
134,955
Taxes™-—;™—-
172,220 "
1
™„„™i_™™—™™™.
Accrued
89,917
by the company.—V. 156, p. 612.
Philadelphia Suburban Water Co.—Earnings—
12 Mos. End. July
in
assets
Insurance
1,735,578
454,255
331,998
Public Invitation for
the workers
p,
38,045
2,373,562
-
Proposals for the purchase as a whole of $5,000,000 first mortgage
bonds, 3-'/4'/f series due 1977, of company will be received by the com(piny at Room 1905, 60 Broadway, New York, N„ Y., up to 12 o'clock
noon, EWT, on Aug. 31, 1942, or on such later date as may be fixed
Aug. 13, received the new joint Army-Navy "E" pennant on behalf
from Rear Admiral Stanford C.-Hooper, U3N.—V. 156,
of
1,074316
4,503,835
83,700
Accounts
$308,934
108,899
62,103
119,828
,
1,030,037
4.502.840
—_—™-™—
wholly-owned and hot consolidated™...
Notes
1939
1940
$327,688
2,943,674
;
923,337
12,933,824
44,184,840
75,817,577
-—
«wholly-owned
to
Liabilities--
•
,
on
advances
loans, deferred receivables, etc., less res.
bonds, VA'/r
series, due Aug. 1, 19^7. ; The Commission
jurisdiction hi regard to the sale price and spread and disthereof.
Another condition was that Potomac shall notify the
-Proceeds
Corp., a subsidiary, at Fort Wayne, Ind.
cepted the award on behalf of the workers,
-■/Workers of the Yonkers, N. Y
Habirshaw division on Aug. 12 were
.presented with the Army-Navy "E" pennant for excellence of produc¬
tion of war materials by Rear Admiral George H. Rock, USN (Ret.).
William J. Palmer, works manager of the E'izabeth. N. J., plant,
,
less reserve
Deferred charges-
,
ing capacity, and for additions to. plant and equipment. The company,
states that the proceeds from the proposed sale will be adequate only
to complete the, 1942 construction program.
The company states fur¬
ther that its construction program for 1943 will require the issuing
of additional capital stock or, incurring further indebtedness;
>
of Ships,
Paul A. Williams,
\ Dodge Copper
Mr. Williams ac¬
.Products
1941
141,268
-
stock.
Phelps
the
13,104,532
Value-—-
market
-
$
15,951,267
17.817,202
employees, less reserve—
General
sell
to
tribution
Bureau
Aug. 10 presented the Army-Navy "E" pennant to
at
y-%
tl941
$
*Philippines and Java———.—
not
$3,323,003
3,549,302
oper. income.-156, p. 517.
company
,
schedules the company has no excess profits
liability and no provision has been made for any.—V. 156, p. 436.
»Works
income.™
.Commission 30 days
Phelps Dodge, Corp.—Army-Navy :"E" Awards—
;
$2,246,510
$455,522
150,948
.
railway...-
30
14,610,618
2,731,244
/England''"';—™---.—™----™™™.;™™..
tFixed
Co.—Financing Approved—To
Sell at Competitive Bidding an Issue of $5,000,000 of
3^4% Bonds—, 'i*
Under existing income tax
tax
and
in
Investments
Potomac Electric Power
1939
$265,751
;.,' •
$0.61
$0.43
$0.57
$0.61
provision tor depreciation and Federal income taxes,
Note—Federal
•
oper.*
from
The SEC ori
capital stock——
* After
,
share on no
per
June
Sheet,
/
1942
: $590,938
209,633
railway—™
ryl
—V.
t
$243,227
$183,629
profit
Earns,
Balance
,
to
-60,328
$469,277
includes
pending
profits tax
proposed in
•
1940
$263,362
1941.
1942
6 Mos. Ended June 30—
:
ry.
Net*
-
„
taxes
1942
. ..
■
Special ..'deposits:
$2,293,519
.y y;.
Net from railway
,
accounts
*26,302;
$278,084
p.'437/ ;
from
Gross
payable and ac.crued expenses, $13,278; capital stock
<$5 pari, $9,351,000; surplus,
$5,737,008; cost of 2,400 shares of capital stock in treasury, £>r$9,816;
total, $15,117,772,—V. 155, p. 2098.
taxes,
'
".
From Jan. 1—
and interest receivable,
mineral rights, (less re-
$14,258,603;
'
Goodwill, patents^ licenses, etc,
Net from raUway.—™
!,
1942
June 3ft,
+ Excess
for
Loans
•'
'
July—
Gross
of 'Consoli-
Asseis—Cash on deposit, $816,822; dividends
,
84,421,944
485,796
Pittsburgh & WTest Virginia Ry.—Earnings—
$275,921
'
shares
$2,300,000
'subsidiaries, not consolidated;
Defense Corporation
Total
20,000
——
372,260
Corp. common stock on May 15, 1942;
tax
^securities,
Investments
2,392,105
$525,973
charges
•156,
20,670
,
—
'—!
™_
the
with
—
taxes.:
of comparison.
purposes
income
Debtors; and notes receivable,
:
51,308
.•♦Federal transfer tax & other costs
602,365
90.066,859
i...
Stocks of merchandise and materials
/ 454,921
/ y
Charges ;yL™i--;y-
"7
Total-fixed
$368,098
——-™,_,_™™™r™,™™_
602,365
'■•;
,j
Marketable
$4,562,828
739,830
Assets-—.
Net income, after fixed
•'
19,224,142
12,816,330
586,978
•
i
•
103,485,554 104,248,451
...
Other
tftl'i
3ft,
75,713,254
387,352
™- _™™_—
Consolidated
4,632,285
675,819
and
bilk
256,881
5,541,717
84,523
y.
:
.
June
—™™.;™™™™™™'■
™——
*_—
income
36,283
>
932,208
;
;
™„-_™
deductions-,
revenue
732,112
*
Ciw-;™-
income
Total
Miscell
4,950,564
5,553,864
$200,000
$1,003,260
■
facil.-
income-.
oper.
772,382
for
♦Revised
1,386,696
1,631,835
.
States Army Air
-■Interest-
40,805
.
Other income
as president and a director of the corpo¬
service.
Mr. Sheldon is now serving as "a
Income Account
'Other
joint
238,240
94,579
(Cr)
Net- ry.
,
capitain in
and
rents
per share on 1,877,100 shares outstanding at Dec, 31, 1941, was $7.10.
M. L. Gosriey has been elected President to succeed Huntington D.
Sheldon who
-™—™™.^™.
dividends.
27,582,081
565,763
84,421,944
....
——
dividends
Earned surplus /at end of year...—..
1942—7 Mos.—1941
826,027
_™-_—
Net rev. from ry. oper.
Equip,
Net asset value
1942; was $6.51.
May 15,
on
at
19,003.610
adjustments of prior years' taxes
at beginning of year
Philippine subsidiary..—™
surplus
Common
$2,828,327 $19,326,734 $16,376,232
849,326
[ Ry. : taxaccruals™-.;y
of Consolidated Oil Corp. dis¬
stock
share of. common
a
stockholders
to
of 1,867,800 shares
per
standing at June 30,
of
[Other expenses
30,. 1942, taking the value of the corporation's
prices arid- after deducting all liabilities and
share; The net asset value per share out¬
at June
at
reserves,
oper: revenuesu;.
$3,057,650
Of way At struc. •'
• 243,653
equipmerit;Traffic
expenses
'Transportation (rail!--
Petroleum Corp, of Amerfca—Report—
asset value
"1942—Month—1941
Malnt;
Maint.
Corporation reports .that the net
2,405,604
—1
Pittsburgh & Lake Erie RR.—Earnings—
1,883,346
5,366
Ry.
'securities
Total
/July 10, Sept. 20 and Dec,; 16, ,1941.—V. 155, p.- 2462,
39,870
5,394
advances
Philippines and Java™.™
Earned surplus
"Dividend from
&
[Net income ^1——J—..
V. 156, p. 517.
;
f
the
on
Refunds and
dividend of $1 per share on account Of
$3.50 cumulative preferred stock, no par value,
a
in
...
preferred
™_™.—-
on
27,907
subsidiaries
dividend
■common
stock,
of
37%
cents
payable
similiar distribution
was
.
™
THE COMMERCIAL & FINANCIAL CHRONICLE
788
accrued
Raybestos-Manhattan, Inc. (& Subs.)—Earnings—
paid
1942
1941
*$867,157
$1,142,973
6 Mos. End. June 30—
'
V
after
income
Net
capital stock
Earnings per share of
*After
profits
taxes
charges and
providing
$1.38
and
excess
5%
mortgage
accrued
Railway
oper.
expenses
p.
$28,250;
for
vances
$612,337;
952,902
8,356,562
$1,146,893
$12,385,866
pre¬
total,
contribution
89,081
26,858
1,211,353
39,961
Cr574
202,522
Cr5,065
$51,229;
Net
rents—net
ry.
$1,940,798
income..
oper.
156,
$1,120,609 $10,971,991
$9,091,004
437.
p.
as
aid
of
surplus,
earned
interest
accrued
unearned
fund
long-term
on
$38,725;
capital
total,
ad¬
reserves,
surplus,
$5,721,566.—V.
155,
and
fund
and
dividend of $1.25 per share on
a
of
use
will
account
on
the 5%
cumul.
pref. stock, par $100, payable
to holders of record Aug. 18. A similar distribution was made
on
this issue on Feb. 28 and June 1, last, and on March 3, June 2,
Sept. 2, Oct. 15 and Dec. 1, 1941.—V. 155, p. 2013.
accumulations
A
statement
registration
($1
the
of
part
85,326 shares of common stock
largest single manufacturer of steel
the
filed Aug.
was
24 with
Securities and
Exchange Commission.
Blyth & Co., Inc., is named
and manager of the proposed public offering.
Proceeds
of
the
contemplated Issue are to be used primarily to
increase the company's working capital, to repay certain notes and to
reduce
short-term
bank
loans
of
the
company,
according
to
the
registration statement.
Company is primarily engaged in the manufacture and sale of vari¬
ous
metal products made from sheet steel, such as electrically welded
pails, barrels, drums and tanks for the petroleum, chemical, paint,
plumbing and food and beverage industries, and waterheaters, hot-air
the
sole
as
and
coolers.
The
company
tainer
business.
the
is
It
enterprise
largest
the
is
only
engaged
the steel con¬
operating on a
throughout the
in
in its field
plants located
company
nation-wide
scale,
country,
important factor in an industry where distant shipment
of manufacture is Impracticable.
conditions the company is largely engaged in the manu¬
an
the
war
of
facture
methods
similar
ment.
The
machining
those
to
to
a
of certain
metal
and the opera¬
which will be wholly-owned
for military use,
products
shipyard now under construction
a
Commission.
An indication of the company's steady growth is the fact that net
sales have shown an uninterrupted increase from $1,560,000 in
1932
to $19,513,000 in
1941, while sales for the first six months of 1942
the U. S. Maritime
The
financing would bring
of the company to 400,000 shares,
proposed
stock
outstanding
the
new
common
to
notice from The Navy Board for Produc¬
Awards, which had already rewarded its war production record
with
the coveted Navy "E," that this recognition has been renewed
and extended with the award of the combined Army-Navy "E" pennant
Calif., and Newark, N. J., R. S.
Rheem, President, announced at Washington, D. C., on Aug. 18.
The
company
normally fabricates
steel shipping containers and
household heating appliances.
It is now turning out numerous items
for
both
the
Army
and the
Navy,
including depth bomb casings,
ammunition
cases,
shell forgings and shells, "blitz" cans, practice
bombs, smoke screen tanks and other war material.
In
1940, the company had six plants and now operates a total of
13 in this country, which are located in 11 cities from coast to coast.
In
addition, it has two plants in Australia.
In March the company
started operation of a shipyard in Providence, R. I., for the construc¬
tion of Liberty ships.—V.. 156, p. 613.
-
for
star
its
Atwater
declared
the
on
plants at Richmond,
on Aug. 12 by Hubert
Carnegie Ewen who were ap¬
William
pointed by the Court to formulate such
posed
plan
provides
for
only
The
plan.
a
$2,457,750
income
pro¬
bonds
and
85,560 shares of common stock to be outstanding,
exchange for outstanding bonds.
No provision
is made for existing preferred and common stock issues.
after
The
has
road
receiver being
been
in
receivership
since
May
5,
the
1938,
OUTSTANDING
INDEBTEDNESS
AND
required
made
the
the
stock
•Principal
declared
trustee
first
by
first
of
the
14,
The
of
the
bonds
1931,
1540.
14,
1938.
tPrincipal
tPrincipal declared due by
mortgage
of
4'/2s
and
of
$25,000
$8,000
Rutland
Rutland-Canadian
Net
of
interest
due
interest
in
have
been
due
July
on
of
1,
Jan.
on
1937,
and
due
interest
70%
1937;
1,
Jan.
1,
the
upon
1938;
above-
default.
of
sinking
upon
the
ever
been
stock
preferred
paid
$667,424
$651,503
530.612
135.105
159,265
41,450
279,444
78,507
income—
78,082
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V.
14.665.033
8,012,457
5,692,257
5,223,223
8,079.829
3.197.114
1,463.952
1,377,540
1,760.328
railway
1,630.757
517,555
544,525
railway
income
oper.
156. p.
437.
expected
are
tion
this
of
The
and
1938
the
on
since
common
the
Vermont
nature
last
six
taxes
the year
for
of
1937.
in the principal
amount of
By Act of the General Assembly of the State
has been made whereby indebtedness of this
compromised,
of
unpaid
months
provision
be
may
reorganization
a
the State of Vermont
owes
adjusted
railroad
a
and
CAPITALIZATION
is
settled
in
connection
with
company.
the
utilized,
properties
exp
$144,806
79,114
$360,606
131,657
The
$173,917
income
$228,949
$65,692
5,921
880
641
$179,838
$229,829
5,949
income
Other
expense
7,212
3,008
for
Prov.
—
in
be
at
Dividend
on
preferred
Dividend
on
common
the
Balance
Assets—Cash,
U.
S.
$216,850;
the
Central
3,487
3,675
company
81,892
(less
inventories,
$624,907;
$472,256),
permanent
$533,011;
prepaid
Liabilities—Accounts
Federal
state
and
$537,134;
dividends
contingencies,
stock
($1
$480,540;
32.756
total,
accrued
$480,520;
reserve
stock,
depreciation
$2,184,263.
for
$20,360;
Federal
taxes,
$2,688;
reserve
stock ($20 par), $143,340;
capital surplus, $682,065; earned
$131,025;
total, $2,184,263.—V,
155,
p.
2371.
Ontario
Lake
for
■
Water
Service
Corp.—
commission
General expenses
Provision
for
Real
Cr5,080
720
720
33,061
28.854
accounts
:
Depreciation
27,085
Social
taxes
taxes
security
•Federal
Capital
Net
income
Interest
on
4,134
3,779
22,835
2,281
1,020
$196,883
1
—
long-term
assumed
14,148
51,450
„
taxes
taxes
earnings
Other
Taxes
taxes
income
stock
66,585
15,931
property
25,392
65,409
——
Excise
on
$200,387
60
90
87,450
debt
91,367
1942,
.
includes amounts for the six
Assets—Utility
ous
$111,933;
year
$108,962
ended June 30,
1942,
com¬
receivable
(less
reserve
1,
1943,
issued
in
days'
be
notice,
bear
payable
will
and
fully
will
and
thereof,
and
will
$1,000,
30
interest
1944,
be
on
entitled
Co.
the
trustee,
as
new
to
company
embracing
and
con¬
capital
may
the
new
fund
extent
1944.
the
31.
such
sum
fund.
amounts
fixed
be
to
charges
income
as
shall
be
1944.
be necessary
may
to
for
$75,000;
the capital
fund
thereafter,
year
The
1945,
of Dec.
as
such
sum
as
of Dec. 31 of such year
as
the
with
shall, prior to April 1st of each
1944 pay to
the trustee under the
company
year
Service
Fund,"
equal
sum
a
the
to
to
the
under
mortgage,
exclusive
condemnation of
sale or
income
the
of
of
retired
bonds
mortgage
for
of
time outstanding
with
property,
the
commencing
one
any
the
(b)
or
preceding
proceeds
the
of
available
calendar year;
sub¬
ject however, to the provisions with respect to minimum cash and
cur¬
new
company
rent
assets.
$3,913),
$56,695;
vote
one
of
will
be
them
by
the
trustee
between
the "Bond Service Fund" to be apportioned
payment
of
interest
the
upon
income
bonds
and
sinking fund in the following manner: first, 1% to interest; second,
Va of 1% to sinking fund; third, 1% to interest; fourth, >/b of 1% to
fifith,
interest; sixth, Va of 1% to sinking fund;
seventh, 1% to interest; eighth, Va of 1% to sinking fund.
The sums so paid to the trustee for interest will be available for the
sinking tund;
1%
to
such April 1 of interest
including bonds held in
$250,000,
liabilities
the
of
to
for,
to
or
paid
as
but
the
in
the
capital
the
time to
time
the
incurred
for,
calendar
same
Investments
less
not
the
new
year,
the
exceeds
will
stock
be
ten
under
the
the
entitled
upon
shares)
reorganization
designate,
voting
a
after
years
be
Issued
qualifying
the
as
the court shall
successors
to
directors'
trustees
and
TRUST
company
common
than
voting
than
VOTING
the
(other
approval of
their
and
of
such
to
AND
of
All of
plan
a
the
reimburse
obligations
pay
made
such
stock
matters.
of
such
on
provided,
not
be made from
provide
or
be
to
cost
is
above
as
may
to
for,
or
which
to be held
trust
by
for
agreement
consummation
of
the
plan unless earlier terminated by action of the voting trustees.
The
voting trust agreement will contain such other customary terms
as
the reorganization managers shall determine.
provisions
OF
NEW
FOR
OLD
SECURITIES
-Will Receive-
Income
Existing Securities
Rutland
19357862
RR.
1st
Outstdg.
Cash
$3,491,000
Each
$872,750
$250
10 shs.
4,400,000
1,320,000
37,400 shs.
$300
8Vb shs.
$25
265,000
13,250 shs.
26,500
$200
$1,000
10 shs.
$20
—
•Ogdensburg & L. C. 4s
Each
$1,000
Each
—
4s
1,325,000
$1,000
preferred
•In
stock
stock
of
the
will
therefor
stock
is
Rutland
securing
8,962,500{
117,800 (
:
addition,
stock
Stock
cons.
4'/2s
7%
-
Common
Bonds
Is
Transit
be
placed
distributed
is
Co.
for
sold
Transit
in
rata
Co.
prior
trust
the
to
Hen
Ry.
and
liquidated
in
of
said
with the approval of
manner
of
capital
the mortgage
mortgage 4%
trust certificates
voting
holders
such
of
first
the consummation
to
$10
110,000
shares
2,000
the
Champlain
voting
a
pro
cash
the
subject to
now
Lake
&
$34,910
*
No provision made in plan
that
contemplated
Ogdensburg
34,910 shs.
bonds.
the
of
If
plan
said
the
or
the
as
reorganization
determine, the net cash
to such bondholders.. The
the court
may
proceeds thereof will be distributed pro rata
trustees of such voting trust shall consist of such
satisfactory
persons,
the trustee of the. Ogdensburg & Lake Champlain
Ry. first mortgage,
to
the
as
the
reorganization
court.
of
ten
Such
under
to
sell
trust
voting
its
from
years
the
shall
managers
designate
agreement
date,
will
will
deposited, stock
as
duly
called
and
held
customary terms and
whole
a
for
the
provisions
be
approval
at
for
period
there¬
time
any
of
a
trustees
voting
for
less
not
shall
as
be approved by the
trust certificates at a
voting
and
purpose,
the
as
the
effective
the
empower
than $200,000, or for such lesser price
holders of a majority in amount of the
with
will
contain
reorganization
such
managers
determine.
Note—If
held,
the
shall
be
the
bonds,
and
treatment
appurtenant
coupons
accorded
apportioned
by
between
the
plan
such
reorganization managers shall
UNPAID
The
holders
to Jan.
1,
of
1937,
under
which
bonds
bearing
separately
are
bonds
holders
and
coupons
such
in
manner
determine.
INTEREST
collect the
may
thereto,
such
to
separate
COUPONS
unpaid
which
coupons
in
same
full
matured
the deposit of
upon
prior
their
matured
upon
land
the
the
plan,
and
the
holders
of
bonds
bearing
coupons
on
Jan. 1, 1937. July 1, 1937. and Jan.
1, 1938. and
no partial payments have been made
pursuant to the Rut¬
plan and deposit agreement dated Dee. 26, 1936, may upon
deposit of their bonds collect such partial payments from the
which
RR.
funds
which are on deposit with the trustees of the
respective mort¬
for such purposes and which were found by the court's order of
1939, to constitute trust funds for such purposes.
gages
April
27,
STATE
is
and
discharged
mation
of
in
pay,
manner
by
the
acquire,
in
by
part
the
the
or
the
new
to
with
or
the purposes of
may
for
and
company;
all
use
of
company not otherwise required for
sale
the plan
and
NEW
in
of
plan,
hands
the
Vermont
mortgaged
reorganization
no
new
and
all
which
for
back
managers
or
any
(or)
any
such
in
may
of
or
provision
whole
or
purposes
the
available
for
the securities of
the
the cash
of
court,
specific
assumed
any
of
the
indebtedness
no
same
all
or
any
funds
DEBTS
of
authority of
lor
to have the
arrange
managers
the
the
any
company
new
of
State
the
compromise
railroad
plan
the
reorganization
of
satisfactory
managers
adjust
against
is made
TAXES—OTHER
claim
court.
reorganization
claims
the
thereon, will be settled
the consummation of the plan, and the consum¬
is contingent upon such claim being settled and
plan
a
approved
VERMONT
that
1938 and 1937, and penalties
upon
the
discharged
and
OF
anticipated
for the year
taxes
the purposes of
the plan.
MONEY
money
will be needed for the cash require¬
provided for by the court out of
which
will
of
receiver,
the
property
or
be
whether representing proceeds
otherwise, and funds in the hands
of
of
the trustees of the respective
mortgages.
COMPARATIVE
m
1931
to
REVENUES
1941,
AND
EARNINGS
INCLUSIVE
Income available
,
Total oper.
Total oper.
Net revenue
for bonds interest
revenues
expenses
from ry. oper.
Actual
Note 1
$4,541,812
$4,076,185
$465,627
$284,967
$430 986
3,870,106
3,363,500
506,606
344,635
481 297
430 619
1933—
1934.
STATEMENT OF
YEARS
,
3,386,806
360,552
315,767
3,071,677
176,72.9
10,993
3,127,879
85,385
§96,887
§8 452
3,465,870
3,141,741
324,129
144,720
208 488
3,483,634
—
3,026,254
3,248,406
3,213,265
—
3,261,559
222,075
§22,513
63 459
3,147,714
§41o!831
127!710
at
the
time
and
the
§192,488
§505,702
sum
*1939
3,456,841
3,247,843
208,998
§51,210
§18 207
*1940
3,513,726
3,290,764
222,962
§27,921
1941
3,772,087
3,303,777
468,310
330,819
'§8674
33o!819
11941
$3,772,087
$3,394,470
$377,617
$1941
3,927,056
3,621,202
305,854
on
aside
set
lesser
and
shall
paid
the
net
the
will
in
of
1
any
for
amount
1,
income
succeeding
the
if
The
income
(a)
for
any
any
will
the
To
calendar
bonds
fund,
extent
that
1%
of
year
or
so
or
earned
not
or
as
paid
shall
become
a
further
provide
that
of
on
year
service
due
provide
the capital stock
calendar
calendar
bond
accumulated interest
the amount required
and shall
thereof, on or before
the extent that available
to
years,
preceding
will
,
with
earned
multiples
paid
mortgage
interest
commencing
year
whether
be
to
The
unpaid
mortgage
of
Immediately
not
bonds.
any
disregarded.
accumulate
Va
paid or declared upon
is
sinking
at any one time a maximum of 12%
of
required
and
be
respect
shall
same
amounts
income
April
the
in
the
for
fractions
be
not
1943,
on
income
below
sinking fund shall be applied to the purchase or
redemption of income bonds at not exceeding their principal amount.
Interest will be
paid in amounts of Va. of 1%
or
multiples thereof
payment
outstanding,
so
all
31
current
over
interest
fund
elect
made
of
with
jointly
period
a
assets
Dec.
accumulate.
capital
may
common
assigned
mangers
payments, if made
cash included in the
or
the
such
accumulate
event
all
on
Years—
The mortgage will require
the
reduce
Any
company
that
consummation
ments
year
mortgage,
as
a
(a) 4l/a% of the
lesser
acquired or
through the
mortgaged property
sinking fund and held
for
on
current
shall
no
the
new
It is assumed that
new
of
COMMON STOCK
The
viz:
to increase
calendar
the capital
after
to the sinking
bonds
all retirements and depreciation,
if any, of roadway
charged, against income in such calendar year.
-
share
in
that
such
of Dec.
as
for each
therefrom
following
income
company,
for
be necessary
$100,000;
the
of
from
year
to
deducting
the purpose of
consist
each
the
after
$100,000
there
of
of
Each
It
from
be necessary to restore the capital fund
may
be
1942
plant (including intangibles). $5,467,Q87; miscellane¬
special deposits, $440; cash in banks and working
accounts
the
as
to
paid,
149
investment and
funds,
be
and
the date
year
remaining
$50,000;
be
months ended June 30,
Sheet, June 39,
will
$250
accumulated
from
Jan.
date, upon
mortgage
a
shall
to but not exceeding
puted at an estimated normal tax rate of 46%.
Balance
dated
1973,
$100,
with
Trust
&
of
1943,
year
up
$109,166
:
by
only
year
358
provision for Federal income taxes for the
issued
be
suffice therefor.
31
therefore)
sum
April
income
plus
to be set aside for
Dec.
42
charged to constructionMiscellaneous interest,
etc.-.
"The
1,
of
be
interest
annum
year,
(but
year
1945,
to
Bank
10
interest
Interest
Net
per
Fund"
of
as
increase
31,
1,430
Cr7,637
transferred to construction
will
202,621
4,482
expenses
uncollectible
Maintenance
$562,691
250,994
General operation
Regulatory
Jan.
any
thereof
1^41
$644,792
:
on
secured
required
the
For
any
revenues
Bonds—Will
payable
4%
such
for
such
net
1942
stock
common
year
sufficient
to
be
"Capital
"Bond
Year End. June 30—
of
largest principal amount of income bonds at
EarningsOperating
for
common
surplus,
some
first lien upon all properties and assets of the new company.
purpose
of the mortgage,
available net income for any
shall be the "Income after Fixed Charges" of the new
a
aside
such
payrolls,
preferred
par),
&
for
reserve
$30,282,
$42,585;
payroll taxes, $6,850;
payable on preferred
$137,677;
Rochester
(less
assets
expenses,
payable,
amount
set
at cost,
notes
be
part
company may
the
The
1942
tax
of
Hanover
calendar
31,
shares
denomination
In
amount
will
stituting
July
85,560
Income
to
in
or
rate
new
Bonds
10,750
Treasury
or
a sinking
fund of '/2 of 1% per annum, such interest and
sinking fund to be payable only to the extent that available net income
$52,576
certificates at cost, $25,000; trade notes and accounts
reserve
for doubtful accounts of $31,2911, $273,693;
Treasury
receivable
S.
formed,
to benefit of
2,688
Sheet,
U.
from
extent
amount
as
of each year commencing
1
109,750
—
all
at
65,513
stock
form
principal
interest
$112,868
stock
4%
expressed
101,000
tax
income
and
in
company
bonds
Mortgage
$72,889
Federal
profit
be
company
reorganization.
For
Net
will
of acquiring such of the
as
the reorganization
purpose
the
new
$2,457,750 of bonds
of
Total
the
of
as
of
payment
(1)
company
$250,000.
provision
the
such
would
excess
investments
structures
shall
company will have an authorized issue of not exceeding
$2,500,000 first mortgage 4%. Income bonds and 90,000 shares of com¬
mon
stock
(par $100)
of which it is intended that not exceeding
$66,333
—
—
for
COMPANY
determine.
managers may
April
Other
other
and
redeemable
1940
new
meeting
REORGANIZED
corporation
new
a
existing corporation
registered
1941
$293,517
119,600
profit
Selling, admin. & gen.
\
1942
that
THE
railroads
will
Rochester Button Co.—Earnings—
Gross
contemplated
OF
in
provided
added
other than
(exclusive of the amount in the capital fund)
shall
Withdrawals
managers
OBLIGATIONS
claims, unsecured, amount to approximately $3,000
to be settled and discharged prior to the consumma¬
of reorganization.
plus penalties.
$189,000,
of
plan
company
First
3 Mos. Ended July 31—
this
fund
Rutland
Pre-receivership
and
the trustee
to
Income
condemnation
or
that
31,
new
than
less
treasury of
bonds
paid
dividends have
no
OTHER
1939
1941
$1,209,614
1,450.311
railway
railway
oper.
ry.
1940
1942
from
from
to
Common
treasury.
installments
are
and
exclusive
are
stock.
It
$2,423,316
July—
the
company
31
other
Gross
reduce
new
as
extent
the
of
Rutland-Can.
amounts
installments
dividends
No
15,
18,
July
on
1938.
subsequent
mentioned
89.625 shs.
1,178 shs.
trustee
Nov.
foregoing
Installments
(3)
by
on
consolidated
all
Oct.
due
accumulated and
any
paid
manner
to be deposited
thereof.
EXCHANGE
£$1,325,000
—_
mortgage 4s held in
50%
and
par)
trustee
July
Notes—(1)
RR.
($100
declared
due
on
Richmond Fredericksburg & Potomac RR.—Earnings—
Net
the
to
assets
(2i
or
—1$4,400,000
mortgage 4s 1949
preferred stock ($100 par)
7%
Common
Any
any
*$3,491,000
-
Ogdensburg & Lake Champlain Ry. first mtge. 4s 1948
Rutland-Canadian RR.
in
hereinbefore
preceding Dec.
CAPITALIZATION
1941
be
in
respect of (a)
addi¬
sinking fund, (b) accumulated interest, and (c) the bond ser¬
fund, shall, in the order named in this paragraph, not be required
and
mortgage 4V2s
provided.
sale
a
purposes
current
present
W. E. Navin.
First consolidated
of
be
—
and
above
company
the
Court for the District of Vermont
F.
(2)
has received
company
proceeds
payments
be
on
to
RR. first
tion
with
recently
Reorganization Plan—A plan of reor¬
ganization for the road was filed with the U. S. District
Army-Navy "E" Award—
The
was
shall
in the sinking fund shall be
as
new
for
capital
Rutland RR.
$16,457,000, the registration statement sets forth.
were
which
613.
p.
under manufacturing
company's peace-time
from sheet steel
used in handling the
large extent, with the same machinery and equip¬
company is likewise engaged on war orders involving the
and,
of
manufacturing
products
military
output
tion
with
the
result
(England)—Dividend Dates—
20%
of
ordinary registered shares, par £1, is payable Oct. 14 (not Aug. 11, as
previously reported) to holders of record Aug. 3.
A similar distribution
was made on Sept. 30,
1941, for the year ended Dec. 31, 1940.—V. 156,
point
Under
by
dividend
underwriter
furnaces
from
final
The
covering
company,
barrels and other industrial containers,
drums,
Rolls-Royce Co., Ltd.
Co.—Registers With SEC—
held
so
by the
also
Dec.
Rheem Manufacturing
of
amount
tional
Co.—Accumulated Dividend—
directors have declared
The
the
bonds,
acquired through operation of the sinking fund whether
by redemption, shall be held alive in the sinking
continue to draw interest, and all Interest paid upon
applied
redeemed
vice
of
and (b)
Income
sinking
or
shall
income bonds
alive
&
the
on
the
to
purchase
upon
customers'
$162;
construction,
$1,104,467;
$3,908;
revenue,
service fund,
interest
Income bonds
deposits
$20,639;
taxes,
bond
a
addition
fund on or before such April 1; subject,
however, to the provisions with respect to minimum cash and current
assets hereinafter provided.
$569.41
customers'
general
liabilities,
accrued
$25,891;
(including
$17,412;
accrued
first
$50,000;
Water Service
York
New
payable
Aug. 31
—V.
1
unpaid
The
567,618
Dr.
$3,627;
taxes,
in
to
2189.
$9,653,557
Dr—
rents—net
facil,
Jt.
$40,52.9;
$1,099;
shares),
par
due
accounts
companies),
thereon,
miscellaneous
Rockwood
Equip,
supplies,
charges,
5,050,598
$2,069,840
affiliated
income
no
$1,695,000;
construction,
$1,792,919;
$2,099,795 $20,742,428 $14,704,155
1,495,135
and
interest
Federal
accrued
debt,
$3,564,975
revenues
parent
(2,000
$277,000;
account),
to
1942—Month—1941
1942—7 Mos.—1941
$8,916,703
$6,661,899 $57,370,791 $43,895,349
5,351,728
4,562,104
36,628,363
29,191,194
31—
oper.
stock
gold bonds,
(loan
due
Reading Co.—Earnings—
Period End. July
and
deferred
an
and
Railway
materials
$12,897;
etc.,
Liabilities—Common
Corp.
700.
p.
$29,985;
revenue,
insurance,
$5,721,566.
$1.82
for estimated Federal income
$3,590,000
156,
taxes.—V.
utility
taxes,
Monday, August 31, 1942
,
the
upon
that
the
the
25%
shall
fund
no
new
exceed
such
on
maturity
of
dividends
shall
company
while
bonds.
of
the
available
net
year
remaining after deducting therefrom
to be paid prior to the next succeeding April
2,955,226
PROJECTIONS
$240,693
168,930
♦Adjusted for purposes of comparison.
tEstimate
credit
1,
for
of
5%
results
computing
reduction
which
wages
went
into
at
basic
effect
rates
on
without
Rutland RR
taking
Anril
1941.
JRevenues computed
basis of applying increased freight and
pas¬
senger rates effective respectively Feb. 10 and March 18,
1942, to the
traffic of 1941, and assuming for comparison and
increase in wages of
12V2% over the scale used in (t) above which has been
effective on
the
trunk
Note
to
the
line
on
railroads
since
1—Giving effect to
basis of
1941
Sept.
1,
1941.
§Debit.
reduction in New York and Vermont taxes
payments.—V. 156, p. 700.
a
yyv-THEvGOMMERCIAL <& FINANCIAL CHRONICLE
ToHimtetlS6 > Niimber^03
Y Ybars Erldcd June 30—
Operating^ revenues
■Operations
:•
1—-1-
1—1—
!<—•
-v.■»
income taxes)—_i—_l——11!
v. 12,393
Provision for retirements and replacements—2071 „>,.>
Taxes "(including
+
Net-
Non-operating
>
■
200
4,379
Non-operating
50
•
V
■v
discount and expense.
v'v1
•
>
income
Preferred
$16,922
$8,371
—
■
dividends
Remainder
154,.
$179,390
Net
540
Other
$179,930
Net
52,199
56,473
14,309
8,550
$123,789
$114,907
$123,789
$96,207
deductions
and
expense
.___
-hV.
$15,836
$8,371
1————i
income
1007.
>
ICC
The
from
RR.—Abandonment—
dividends
154,
of
the
issued a certificate permitting abandonment by."
branch • line-t)f railroad extending southwesterly
with its main line at. Ralls -Junction, to-the end
of
18,700
—
income
net
1007.
p.
■-
1544.
p.
'•
.
.>."v
-
•
:
-
1942—Month—1941
$4,763,769 $2,278,263
2,124,267
1,429,157
revenues -
Railway oper. expenses
-"
Net' rev.Yrom ry. oper. ♦ $2,639,'502
Railway-tax
^$25,410,811 -$15,006,665
13,153,576
'9,262,569
2,056,768
Gross/from
purchase of railroad equipment by the
through the purchase/or purchase and
the
company
the company
ICC authorized
time the
of certain
to
equipment.-
from
inc.7
—'
From Jan. 1—
from
from
ry.
^-V.
156,
.
$5,606,517
$3,514,999
1,766,009
1,765,113
$919,333
$3,840,509 ;'$1,749,885
$184,239
r
57,482,890
36,536,486
28,149,028
25,869,981
21,547,481
9,500,018
5,158,075
Sales—
Period—
•••••„
46,561,127
Sales
in
Stores
operation
railway—
\
Aug. 16,'41.
•$
6,036,665
'2,162,699
1,663,530
360,644
254,476
'
•Includes shaft
total
tax.
;
'
N0te_provision for United States
profits
..
.
.
Net
■/;
-r;
/
;
J-—
sales
.,
>
share
per
11,075,524
5,777,499 shs. of common
on
$1.92
transferred
was
$1.90
,
to
contingency
Revised
reserves.
518.
p.
Savannah Electric & Power
'
Operating
Dperation
$268,043
115,984
revenues!!--
■—4—,
Maintenance
'Fed,!
income
taxes—1!
taxes
dther
.
$39,262
amortization
&
i
dividend
debenture
311,124
,
>
748
•3,109
ited
$24,923
income
tax
ended
31,429
$715,619
376,026
$10,810
$30,690
$339,593
149,115
of "therRevenue
June
^——!
>.
There
of
Act
$29,134
profits
net
Net
able
60,000
dividend, requirejneht^n._/_'-
of
securities
v
.
on
in respect
the six months
to
-
w,.
"Y
v.
-»
'
A
total
Investments-.——---
■!
)
s
y
'
*
'
•
prices
995
Accounts
.
-counts,
Materials
receivable, including instalment acless reserve__!-r--r-^-r---!^-r----'-—!
and supplies—
r
•
$85,000;
accounts pay¬
stock (par
first mortgage 4Y
of
:
v
deferred
»•;' Total .income
Provision
Other
725,269
>671,105
675,577,
$270,476
1,866
"'$167,835
$280,596
$212,814
10,000
28,750
7,900
$251,846
$204,914
Deferred
credits ;
"
•
...
54,525
Earned
"
surplus
5.283
5,117
—
•
166.
-
..
■
•>■.
$89(817.—V/
154,
/ 1,520,263
,
,
-
1,003,632
$22,686,148
1,798,907
1,423,188
$4,488,052
Federal
6,120,632
8,875,737
$3,945,135 $18,725,846 $13,810,411
inc.
2,142,933
1,085,001
$2,345,119
dividends--!-
7,214,275
1,460,988
$2,860,134 $11,511,571 $12,349,422
1,256,423
1,256,340
$1,088,695
$1,603,794
1,193,640
1,193,675
5,568,874
5,569,009
*$104,944
dividends
$410,120
$879,069
$1,716,721
___
per
share—
com.
taxes
$0.34
income
on
legislation.—V.
pending tax
5,063.627
5,063,692
$6,447,944" $7,285,730
$0,51
155,
for
1942
$2.30
$2.02
estimated
are
Colorado Power Co«-
-Earnings—
Net
operating
•Net
income
months'
six
form
Act
284,386
243,870
charges, amortization of debt dis¬
'
•
figures include provision for Federal income tax for
.
June 30,
ended
If
the
pending
in
1942,
1942
accordance
bill
tax
is
with
the-
in
enacted
the
passed recently by the House of Representatives,
was
required for Federal income tax for the six months ended1
would be increased approximately $19,000, and net
six months'
and
12 months' periods ended June 30,
the
for
would
1942,
reduced
be
profits
excess
will be
tax
interest
,
1942,
30,
Federal
etc.
1941.
it
which
in
all
period
of
691,413
_
for
expenses,
1941
$2,413,007
738,659
.-!_!
_______
Note—The above
the
Revenue
—I—;—.—
income
deductions
and
count
1942
$2,548,524
__!___
Operating revenues
of
basis
on
2014.
p.
12 Months Ended June 30—
due.—V.
by
tax
$19,000
has
been
in
each
made
period.
as
it
156, p. 262.
at
is
provision
No
estimated
for/
such
no
.
total of $108,000 first mortgage pipe line sinking fund bonds,
due
1023A
1942—12 Mos.—1941
$221,402' $2,585,374
";
$2,407,468
69,651
679,576
833,377
39,274
/'
would
be
60,743
579,103
Bank
by
Trust
<te
155,
Co.,
approximately
$100,000.—V.
156,
$55,394
.1,220,-
com.
-stock-
corporate
Pacific
Period End. July 31—
p.,
•
6 cents per
income
Oct.
1,
3V4%>
$0.10
taxes
70
Broadway,
Y.
N.
1942,
City.—
Co.
Earnings
of
Transportation
3,584,072
2,398,206
22,505,093
14,883,180
5,869,837
4,082,830
37,305,019
26,027,082
571,451
506,661
3,837,441
3,596,534
11,407,478
8,727,191
74,000,671
55,791,632
772.349
469,488
4,573,577
2,740,101
966,336
.811,636
6,463,379
5,060,790
way
of
equipment
&
expenses
'expenses
General
for
_____
expenses
Transp.
Net
from
18,148,651
operations
(net)
Jt. facil. rents
Net
•Before
\Dr)
(Dr)
(net)
oper.
ry.
Cr6,501
ry.
Ry. Tax accruals———.
rents
160,216,669
Cr2,300
invest.____
revenue
Equip,
26,432,845 242,286,783
struc.
of
Miscell.
1942—7 Mos.—1941
1942—Month—1941
41,320,174
Maint.
income
9,439,131
93,601,603
52,123,851
8,124,305
1,661,683
37,136,758
11,079,712
1,512,469
1,402,396
10,086,102
107,734
66,014
591,934
404,816
6,309,038
45,786,809
32,907,390
>8,404,142"
provision for interest charges on outstanding
7,731,933
debt, or other
$463,702
$0.25
before
estimated
,
1942
from
Gross
$0.38
depletion.
under
the
Net
from
ry.
$14,610,926
$32,052,292 $21,442,885
$14,8.95,591
8,038,245
4,058,863
4,358,836
6,252,265
5,521,647
1,915,905
2,253,480
190,909,185
income
123,794,948
41,235,702
26,287,402
94,783,524
90,235,056
23,019,289
22,742,704
9,163,917
9,405,825
From Jan. 1—
from
Gross
1941
Net
from
Net
ry.
increase
1939
.1940
1941
13,405,306
railway——
railway
oper.
in rate to 45%> would .reduce the profit
share leaving net of 4 cents for the quarter.—V. 155,
are
trustee,
revenues—
Ry. operat.
Net
and. depreciation but
taxes
of
as
the Central Hanover
System—
July—
$306,798
.
$0.05
Federal
1942
proposed
redemption
Earnings of Company Only
1942—12 Mos.—1941
$120,112
"
•
.
for
non-operating income items.-
Mines Co.—Earnings—
1942—3 Mos.—1941
on
sh.
per
called
Payment will be made at
2190.
p.
Southern
725,400
less
been
interest.
Transportation expenses
47,428
!!—!—!!/:!
have
1956,
and
Maint.
-Earnings-
$218,543
—V.
railway
156,
70,969/770
railway-
oper.
p.
income-—
35,215,789
438.
2014.
Southern Ry.- -Earnings-
,1,'186,371'
.
60,592
& Iron Co.—Smaller Div.—
53,655.
lj410,908
The
directors
common
$ l-6;66%609/$16,424/978
-^Y°fc156,~p.
to
••
retire.
* After, Federal .income
about
,1,302
38,987
-—
after
earnings
law./; .The
75,996
1,054,090
■
amounted
1942
-
accruals-—
-Note—For
182,367
•'
75,808
>,
$157,835,
-1942—Month—1941
'
revenues!!-!
467..shs;
87,381
•
"393,301
—
—
'■
.
Period End. June 30—
Earn,
"
l^preciation ..reserve _!J—.—-i———
Reserve for injury and damage -claims^.!—!
/
Net, profit.
7,330,000
94,656
58,274
liabilities—
write-offs
before
Silver King Coalition
!
$6,037,355
7,330.000
.
•
.
taxes—
? NoteY-if during the 12 months ended July 31, 1942, taxes had been
computed Vin, accordance with the provisions of the proposed
1942
Revenue Act; as passed by the House July 20, 1942, with'its provision
for a 45',Y income and surtax rate and a 90%
excess profits tax rate,
(he ."net
"
•
515,896
of
5,684
$6,037,355
97,363
$5,368,323 $24,846,478
$210,948
10,119
$886,525
.
p: 518.■
217.285-
1—————!
accrued
current
■
Net^income
1,241
—
Interest
for
inc.
Gross
:
,
,
142,421
income
series
$941,582
3,455
TSierra Pacific Pawer Co.
*
.
,
290,245
$6,286,959
amort,
for
Traffic
———
Liabilities--/
.-.i
Total
capital stock—!
—„—!-—
Total
long-term, debt-!-!—:
Accounts payable
—-----.
Customers' deposits
Taxes accrued
!!—-'-!_l!-~!—
2099.
p.
'
10,728
debits.—--------r-?—----
283,218
$5,270,960 $24,330,582 $21,682,517
Southern Natural Gas Co.—Bonds Called—
1940
$889,648
„
Y-Noie—Capital- expenditures' in
$16,668,609 $16,424,978
\ Total
■
Realized: profit
19:096
,20,777
73,269
revenue.
Note—Federal
A
1941
$164,379
<,Period Ended 'July Si-
..,201,719
discount and expense——
&
income
bonds, series B, due Oct. 1/
1942, at 103 and
Portland National Bank,
1942
profit
Operating
>
"200,247,»
.'191,441
7,778,141
74,796
income
June
be , made at The First
Non^operating revenue
294,233,
278,054
-
Dther
*".
8,414,339
$6,144,538
revenue____
the provision
;
•
admin, costs—_■—
Devel., oper.-&
f'.r.V
-■
Prepayments:-!—„——-—!—
Unamortized: debt
.
6,010,933
1,877,836
Remainder
$923,030),
been called for redemption as of Sept. 26,
20,557
16,6.72
•»
6,352,082
2,112,868
discount
Earn,
$7 cumulative preferred
$2,146;
Net -return' from metal -sales
.386,602^
241,014
—
—.——
Warrants
2,566,137
oper.
earnings
•After
bank,
payable to
loans
Payment ; will
reserve
rwrr^"-Tr?--rr-"tr
—
deposits
..receivable.
Special
of
/Balance
Sherritt Gordon Mines Ltd.—Earnings—
.'
1941
606,929
1,455,841
(Vernon)
Net
total, $1,174,900.
expenses,
of $7,000
have
Operating
1942
Plant and other
row
' Y
.
2,263,298
660,691
trustee, Portland, Me.—V. 155, p, 2463.
Sheet, Tune ,3.0,,..!..,'.,.
'
Assets—
2aSh
Comparative Balance
2,707,198
1,580,204
Southern
market
quoted
(at
Shenango Valley Water Co.—Bonds Called—
1961,
and-surplus-—-!
w
•
2,654,223
Fed.
taxes
V.
("LOSS.,
659,385
•Deficit.
on income pending
the proposed Act a
$42,144;
banks,
in
accrued
and
interest.
$130,478 .$168,592
•Accruals for 1942 Federal incomeMnonqal and $urtax) -and excess
arofits
taxes are based upon the
1941 Revenue Act plus an added
provision of approximately $130,000 for additional taxes which may be
•equired Under the proposed 1942 Revenue Act. This additional amounts
being
spread monthly upon the basis of taxable income.
The
jmounts shown above for Federal income Taxes include .provision Tor
estimated excess profits taxes of $1.25,093,37 for the 12,orionths ending
lune
30
1942 Y1941—$3;836.63>: For comparative -purposes Federal
ncome
and excess profits taxes for each month of 1941 ^have been
restated to give effect to the Revenue Act enacted in September, -1941.
stock
for common
Balance
778,487
2,698,346
612,481
expense_
than
non-oper.
Prov.
Balance Sheet, As of June 30, 1942
cash
i*
'
60,000
-
852,893
2,520,881
sales
on
$100)(,,;i$184.300; $6-cumulative preferred stock (par $100), $473,100;'
common i;stock
(par $1), $272,500;, capital surplus, $95,443; earned
surplus1 since July 31, 1940, $62,413; total, $1,174,900.—V. 155, p. 1022.
$228,592
■
182,652
620,269
__
taxes)
oper.
Net
'
ta.tes
Based
1942.
sales
no
were
indicated
is
investments
'3 Mos. End/June 30—
$190,478
expense
lease
prop.
2,931,083
249,657
depreciation^
Net
3,021,638
633,682
^628,043
expense__
expense
gen.
1942—12 Mos.—1941
$12,805,258 $11,380,825 $50,995,993 $47,140,247
741,981
for
1942.
30,
*':\>
,
Liabilities—Demand
149,115
requirements—
.
'referred
1941,
June 30,
surplus.
furniturc -and fixtures, $35;
374,813
.
1942—3 Mos.—1941
for
$377,707
^
-
to jearned
Assets—Total
$752,520
-$62,120
5,972,907
Rent
amounted to $803, which was cred¬
restated basis)
approximately $4,000
"Of
YY; -Y
/15,127.
v
ended
months
the six
-directly,
enactment
$737,393
,
$7,636,571
6,594,485
Prov.
748
'
-—
during the^ix months ended June TO. 1942.
No
provision has been made for Federal
$2,855,922
983,403
178,330
!'
343,867135,530
.277,399
$727,023
v+11,404
,
$8,116,990
928,523
9,380
'
.dividends and accrued interest
receivable,Y$20,238; .accounts receivable,
$1,226; prepaid taxes andexpenses,
$923; funds Uii closed banks
(less reserve $2,500) f $666;
$42,318
.31,508
1
Balance
:
286,986
$1,218,519
before .provision for Federal taxes
income
Note—For
;
'
—
[nterest
387.227
25,954
revenues!—/i* :! $45,700
income (net)—
+3,382
Balance
.197,597
$59,011
Net oper.
dther
15,177
.13,102.
'33,979
25,683
.
.
1,340,960
-
32,775
.——-!_!",' ^
depreciation
89,531
31,394
<
'13,922
—.
1
&
Net
1941
1942
loans—
of -investments Mon
with
1942—12 Mos.—1941
$3,250,916
$1,333,427
revenue___!
(other
Common
€o.—Earnings-
1942—Month—1941
$234/170
7,529,921
expense
Distribution
Interest
$35,801
bank
$1,109,669;
period End. June 30-
oper.
Preferred
Net
Phoenix Ry.—To Pay Bonds— ; ,
maturing Sept l
3942. will be paid on and-after that^date upon presentation at the
office of its financial' agency,-The Atchison,. Topeka & Santa ..Fe/Ry,
Co., 120 Broadway, New York, N. Y.-YV.-77, p. 90.
k
r
27,579,401
8,729,693
1,070,493
Production
income
10j892,806
10,130
on
f.-'on
gold bonds of the company,
The-first'mortgage 5fr
160,128
32,195,455
1,222,689
Southern California Edison Co., Ltd, —Earnings—
Taxes
taxes of $29,352,528 has been
for income and excess profits
of'$2,000,000
Interest
Rrescott
Santa ¥e,
j
164,900
4,812,018
1,419,598
Period End. June 30—
Total
Admin,
1941
taxes——
Expenses..!
period'-of 1941.—V. 156, p; 437. - -t.
for the ^corresponding
$1,561,583
-
26,817
5,624,488
701!
p.
Commercial
————^$383,192,786 $392,584,681
Six "MOiiths Ended June 30—
V Ji
$3,278,040,'. compared
28,539
__
income___
oper.
156,
debt
and Canadian income taxes in the
of .-1942 'amounted' to'
first "six- months
1942—6 Mos.—1941
$7,280,043 $49,207,038 $42,906,021
_____
rev.__
income
Transmission
has been elected a director.—V. 156,
Total;income
'
Co.—Earnings—•
1942—Month—1941
$8,406,052
Securities Corporation General—Statement of Income
*
'
C
.
518.
p.
Period End. June 30—
t
excess
155, p. 367.
South Carolina Electric & Gas Co.—Merger and Re¬
-Proposed—See General Gas & Electric
c
taxes
will continue as Chairman of the
figure, "after" certain adjustments.—V. 156,
-$2.84
*After provision tpr income tgx at the rates provided in-the Revenue
Act of
1942 as passed "by the House. , A provision of $500,000 was;
made for excess profits tax.
tWithout giving effect to any provision
for
$2,68
capitalization
expenses
by estimating the income for the entire fiscal year and using the
rates of the proposed House revenue bill.
A total of $5,200,000 was also
transferred
to the reserve 'for contingencies.
For the 1941 period, a
53^
"
share_^_—" $1.93
fEx reserve for taxes.- -V.
sinking.
oper.
.>
after all charges and
income
Provision
YT"
—
'
Treasurer,
Demotte,
518.,;,
1942
1941
*$2,169,613 +$2,752,096
Ended June 30—
Net after charges and taxes—!—
preferred dividends'
!—-r—
assets—i
Operating
made,
,
Earnings per common
431,278
current
Net
Carney's death,
Mr^
of-directors.
Earns,
been included in ithe figures
for "the four weeks -ended Aug. 15, 1942. .The sales figures ,and-numberof
stores
operated during the comparable period a year ago have
been adjusted to include the Beeves operation.
Y .
.
Earnings for 6 Months
since
RalpinJ.
Net
the National Grocery CoYhave
from
70,503
Net
Uncollect,
elected President to succeed the late Thomas
General Robert E. Wood, who has been serving as Acting
Consolidated
'
/
,
,$245,960
$2.95
111,094
Barrows, Vice-President in charge of the company's Pacific
Carney.
1942 were 2,690, compared with
..
$300,383
$2.85
115,078
*9,098
1942
stores-acquired in -August. 1941; in The merger with
and the sales of the 84 stores acquired on Oct. .6.
the
of
Sales
;
$299,619
revenues
Earnings, 24 Weeks Ended July 16
" 37,685;276 368,l95;093 '287,800,502
15,
of Aug,
as
1941. '
65,230'
ton^.——
per
Operating
_
Daniel Reeves. Inc.,
1941
Quarter
64,137
tOperating profit
Operating
oper.*.income-!!
President
p.
...77;>,.■■
/
Aug. 15,'42 Aug. 16,'41 Aug. 15,'42
$
■
v-.. $
V''"
$
■■
v
•
2,959 on Aug. 16.
4th
Quarter
64,639
208,549
.,
—32 Weeks Ended—
—4 Weeks Ended—
1941
1st
4,610,232
16,485,264
$3,035,981
Division; has been
board
Safeway Stores, Inc.—Gain in
1942
'Quarter
,'Operating cost
Sears, Roebuck & Co.—New President Elected, Etc.—
,
.
Ltd.—Earnings, Etc.-
Period-
1939
'" '1940
$3,285,957
222,943
*15,934
.
i
-
railway—_
Arthur s.
Coast
517.
p.
1022.
p.
Sladen Malartic Mines,
—V.
J.
income
$5,152
'
Net
253,737-
$437,975
253,585
gross
•
Net
155,
Southern Bell Telephone & Telegraph
$3,460,447'
54,552
-9,810
'$1,172,918 V-
income
Gross
-V.
Corp.—V. 156,
"
1941
$5,064,943
1,375,344
-1,016,451
-VY Y*"' "."71942.
.
railway——
railway
Net
$5,541,352
65,165
$428,165
inc.' $1,161,8621
Non-operating income—
11,056
railway oper.
'
2,056
$27,154
Income
obliga¬
assume
•Deficit—V,' 156, p. 614.
Deduc.
44,083
1,424
expense.
July and Year To Date
$9,092,474
3,950,217
Net.ry: .oper,'income!!-3,208.440
from
1,263,284
/
The
same
$4,723,730
$7,598,120
''$631,451
203,286
413,220
/
financing
'•n:julyl_l ;t!v-
1,183,472
4,830,586
,-245,302
oper.1 inc.-- ^ $1,575,082
Deductions
Net
30,535
debt discount and
Production
Aug. 17 approved the aid by the Reconstruction Finance
on
Earnings 'For
oper." income' $1,547,587
$603,803- $7,426,649' *$4,560,624'
Inc. 1 ..
>27,495-,;■>'[ 27,648
171,471 /
163,106
ry.
$51,291
long-term debt—
on
Tons milled
tion-with "the-procurement
,,
$849,105 .$12,257,^35 t $5,744/096>
■
1,091,915
accruals—_
1942—7 Mos.—1941
Gross
Total
2,622
$59,114
earnings
Net
Financing
liability in respect of not exceeding $2,280,000 ef equipment
trust ? certificates, series LL, to be-issued by the Girard Trust Co., as
trustee, and sold at par and accrued dividends to the RFC in connec¬
Other-railwayjoper.
'*
$48,669
Df936
1942
and
Net
Railway
$60,050
(net)
Amortization of
•
the
tion
Lines—Earnings—
St. Louis Southwestern Ry.
Railway ..oper.-
_!„_
earnings from operations.:—..!,
Interest
guaranty/ or guaranty, of not exceeding $2,280,000 of equipment trust
certificates."'
•'
V,,;.
•>
:•
*
-
At
Period End. July 31—
ICC
receivers" oi
v
*
29,051
.
Guaranty—
The
Corporation 'in
approximately T7^8 miles, in Ralls County,; Mo.
branch at Perry,
136,
and
*
-
of'the
connection
a
50,508
2nd
13
Aug.
on
company
70,854
70,192
38,099
'
)
St. Louis & Hannibal
the
73,908
,1.
___
depreciation—
Taxes
income
280,433
__
—
for
1941
$479,513
..
Seaboard Air Line Railway—Reconstruction
,
Provision
>
—
1,086
------
net
of
p.
47,187
$190,298
-
of-debt discount
Remainder
—V.
104,010
47,184
revenues.
Net -income
;
Net
Maintenance
19,977
92,683
,
1942
bus
$536,338
294,089
railway and
—
199
.199
'
Preferred
Operation
23,730
_•
--,
replacements—.
income
interest
Amortization
'410
.
•'
:
Total
5,434
'
-
—1
209,140
Operating revenues,
$189,758
540
and
Service 'Co.—Earnings-
12 Mos. End. June 30—
$559,705
237,248
1—
•Gross income
$22,965
-
1941
1942
$590,603
;
retirements
Net. operating
••
$22,915
5,741
_
of debt
Amortization
,.->,
.
$14,312*.
1—-
—_
American Gas
Interest To
,/
,
Provision-for
———
deductions—!———!l__
& Power Go. Jl—.:
interest
Total
$14,112
"
,
income
income
Gross
!
jevenuesl_—j—__—
operating
Sioux City
30—
Maintenance
• <4,335
>-10,812 /; -Taxes/(including income taxes)
4(02L
•.
•mvYear/Ended June
$84,090'/' ..Operating..jrevenues _J—_
Operations Yl„_
.y4I,649*
483,175
—1-—111—!—!__!—1—1-1
•.
♦
^1941.
i-44/443Y'
.
Maintenance
■
-
:Y 1942
J-
•
Savannah Gas Co.—Earnings—
!
i'f St. Augustine-Gas "<)©.—Earnings— Y
789
stock,
have
declared
payable Sept.
21
--mieide
f
each ofrthe lour
a
on
dividend
to
holders
Mar.
21
$1
of
record Sept. 11.
and
per
June
share
20, last,
Week Ended Aug.
Period—
of
on
14
—Jan. 1 to Aug. 14—
thd
1942
1941
1942
Dis-
$
$
$
and
in
quarters of >1941 (see V. 154, p. 1496).—V. 155, p. 1846.
Gross
—V.
earnings
156,
p.
615.
—
5,703,960
"
1941
$
3,694,607 156,782,059 108,687,820
'
■;
THE COMMERCIAL & FINANCIAL CHRONICLE
790
Gross
from
Net
from
Net
ry.
Incomes
oper.
from
Net
from
Net
$48,275
$798,283
$557,852
*260,619
54,956
16,563
railway—j~
*268,601
27,091
5,330,808
*119,101
413,645
405,431
295,166
*121,407
242,480
227,818
181,442
2,030
.
ry.
railway-——
oper. income..ir
'Deficit.—V. 156, p. 436.
.
Inc.
at
pany
-
Bell
Telephone
Co.
,V
Operating
revenues
expenses
18,924,124
Taxes
$
$*
'
'
*5,594,163
manufacture
Other
4,935,639
income
4,979,250
19,545,453
business
began
L>r88,717
£>r76,472
19,468,981
3,277,232
be:
William
will
Elmer
wool
C.
carried
mill.
In
from
Net
ry.
—V.
Secretary and Treasurer.
carried on by the old com¬
mills
were
of
the
required,
business
top
for
making
and
tnet)_„.
Interest
5,016,374 "
—-
deductions
860,845
income
Net
making
The
provided:
were
1800."—V.
3,892,500
Balance
*263,029'/'
221,792
143,
taxes
rates
ftftcr
Profit
15,570,000
1942
have
which
been
still
are
accrued
in
at
effect.
but
rates
1,878,518
imposed by
to 1942 are under consideration by Congress.
shown herein for the periods ending June 30, 1942
the} extent that'taxes
will prove
mately
to
the
Thus
present
company's
is,
to
decisions.
Note—Certain
included
the
in
1940
the
periods
:
and
1941
accounts
to
which
v.-
,
tax
when
they
•
■
,
and
other
directors
have' been
applicable.—V.
the
on
common
record
when
Sept.
stock,
no
5. ' This
total of 75
a
declared
Aug.. 21
on
is
156,
first
dividend
mod
stock,
similar
cents
of
12 Va .cents
$1,
par
of
25
distributed
to
'
share has
per
made
was
on
15
been
declared
holders of
to
June
last,
15,
share in preceding quarters.:—V.
per
holders
..
the
of
of
Net
from
Net
ry.
as
railway
Sept.
4.
11,668,096
1,116,242
258,187
3,560,893
1,499,322
125,456
125,391
754,701
656,540
Crl,472
Cr7,410
Crl7,604
Crl5,146
$1,138,960
$501,991
$5,503,461
$3,602,158
37,961
34,802
294,246
251,806
$1,176,921
$536,793
$5,797,707
$3,853,964
2,951
3,943
28,911
29,673
$1,173,970
$532,850
$5,768,796
$3,824,291
317,633
320,759
2,234,793
2.248,083
$212,091
$3,534,00.3
$1,576,208
factt.
155, p. 2099.
•
s
1941
$74,590
'
•
1939
1940
i__
95,104
44,780
27,604
,
33,984
18,071
-
deductions
■
$823,779
$1,894,802
$3,491,589
$1.99
$2,643,353 $25,801,325 $17,410,970
,■
charges
income
—V.
156, p.
(Grand
;v
Bank
Hanover
740,000
r
349.
Texas Power & Light Co.
;
Period End.
Mich.)
Rapids,
Operating
Bonds
—
expenses
(Federal
:
Trust
&
has
Co.
been
stock,
of common
shares
..
5,368,971
122,006
res.
101,067
1,313,015
63,577
739,507
647,727
100,000
100,000
1,200,000
1,140,690
v——
551
480
934,793
7,963
revenues./.
oper,-
$332,037
$327,397
$3,661,800
Income
1,179
(net)^__.
Int.
on
mtge
Int.
on
deb.
int.
4,836
20,911
19,893
$327,536
$3,682,711
$4,250,141
170,417
170,417
bonds..
\
•
2,045,000
2,045,000
10,000
10,000
120,000
120,006
13,970
6,997
115,460
90,736
$138,829
$140,122
$1,402,251
$1,994,403
bonds.....
&
139
/
$4,230,246
$333,216
income
Gross
Other
appro.
4,640,234:
of- limited-term
investments
...
432,836
66,186
retire,
Amort,
appointed copar value.—
V ;
'/
441,101
—
taxes
Prop,
no
702.
1942—12 Mos.—1941
$1,025,357 $12,291,256 $11,598,528
$1,061,881
_
taxes
Other
Net
-Earnings—
1942—Month—1941
July 31
revenues
"•."'/■■/..
for
$856,337
——
for
reserve
'
agent
for
charges
Net
$4,752,981
$2.73
—
available
Fixed
3,661,386
Net
stock,
with
compares
4%
30
quarters.
dividend
of
stock,
pref.
cents
paid
$10, on Dec.
June
15,
company
and
15,
25 cents
deduct.
24.
par
of
155,
1941.—V.
/—-—
.—
applic,
to
stocks
pfd,
865.050
865,050
$537,201
$1,129,355
...
the
per
Balance
last, and 60 cents in
disbursed an extra
dividend
a
income
Divs.
share on
of record Aug.
holders
to
the
share
per
15
on
addition,
In
$1.60
of
dividend
a
payable Sept.
$5,
par
$1
share
per
to
2101.
p.
——————
provisions for Federal taxes of $27,936 for the current
$110,939 for the 12 months ended July 31, 1942, additional
required under the Revenue Act of 1941.—V. 150,
'Includes
month
in
9,434
and
the
amounts
438.
p,
'•
'
-■
Tampa Electric Co.- -Earnings754,688
323,563
538,253
166,391
97.044
76,312
179,983
101,279
36,652
31,444
445,234
output
of
public
the
Electric
161,732,000
utility
Co. system
kwh.,
operating
with
Other
the
in
kwh.
$6,323,231
$5,526,281
1942
1941
1940
1939
190,257
2,637,155
2,114,964
Operating
revenues—.:
$1,479,120
$1,217,895
$1,207,419
$1,204,155
Operating
expenses...
1,080,840
939,367
910,994
912,495
revenue..
$398,280
$278,529
$296,425
$291,660
30,129
and
25,306
304,631
274,150
88,156
78,883
1,138,696
726,448
44,814
inc.
42,070
526,805
/ 467,466
excess
taxes
Net oper.
Taxes
190,685
154,258
149,691
156,325
$124,270
$146,734
$135,334
1942,
for
Utility
the
inc.
oper.
operating income
Non-oper. income —i.
bef.
•
corresponding week last year, an
-Earnings of System-
$469,111
238,875
profits taxes
companies
148,159,000
Month of July—*
$533,450
revenues-,—
Maintenance
Federal
Third Avenue Transit Corp,
1942—12 Mas.—1941
1942—Month- -1941
Period Ended July 31—
Operating
Operation
Output—
for the week ended Aug. 22,
compared
as
434,384
V,
"
Standard Gas & Electric Co.—Weekly
&
...I
income
fixed
..
•
,
*4,656,613
directors have declared
The
cash
18,461
27,660
156, p. 438.
Electric
.
'
■
.
Martin,
p.
preceding
$71,309
from
totaled
(net)
income.
oper.
income
Income
?
Talon, Inc.—Dividend Again Decreased—
This
income.._
Standard Gas
rentals
ry.
Misc.
$8,414,367
$8,148,202
-
Central
156,
15
$101,259
railway
Net from railway
Net ry. oper. income—'
—V.
1942—7 Mos.—1941
1942—Month—1941
A
with
compared
V.
From Jan. 1—
Gross
$3,322,272
1,427,470
share
common
$600,000
trustee.
transfer
1942
railway
oper.
July 31—
tax accruals
rentals (net)—.
Other
corn-
$173,675
•
from
Pacific Ry,—Earnings
15,999,874
Sylvania Electric Products, Inc.—Co-Transfer Agent—
■
Spokane International RR.—EarningsJuly—
1,862,190
1,765,194
Total
1931,
V--,'.';;:.-.
the
on
record
,
Stuyvesant
H.
common
Gross
5,521,244
1,757,382
2,526,538
Net
mortgagor, has notified the Michigan Trust Co.,
trustee, Grand Rapids, Mich., of his election to redeem all of the
outstanding first mortgage real estate bonds dated April 1, 1930, on
Sept. 1, 1942, at 103 and interest.
Payment will be made at the office
\
since
926.
p.
Albert
share
per
to
issue
per
Called—
*
cents
15
,
this
on
paid.—V. 155,
was
payable Sept.
distribution
5,677,832
6.377.508
4.
■
.
(The)
•
The
A
10,474,504
$4,905,724
number
employees
anticipated higher taxes (of which'
amount $330,000 applicable to the first quarter) for the quarter and
$800,000 for the six months.
(Revised.—V. 156, p. 518.
Spencer Trask Fund, Inc.—12 V2-Cent Dividend—
v.
10,092,428
.
24,057.767
expenses
Jt.
yarn
*2,232,416
(est.)—
taxes
^.Including
;
items,
167.
p.
Sept.
payable
dividend
share
per
dividend
a
value,
par
the
cents
09,673
/
25,270,963
revenues
Equip,
\
•
Sparks-Withington Co.—Resumes Dividend—
;
V The
33,262
.
31,951,726 '
22,750,934
income—/
Operating
major retroactive
encountered,
are
j
'
■
(
$3,056,195
taxes
frgn. inc. & exc.
Earnings
(Includes
been,
approximately $71,000 and
$291,000 for the 3 months and 12 months periods ending June 30,
1942, respectively, subject to refund in whole or in part in event of
adverse, rate
1,055,993
51,375,518
Railway
1942—6 Mos.—11941
1942—3 Mos.—11941
ch8<r^cs
Fed,
Net profit
retroactively increased, higher than it ulti¬
are
have
all
before
prof,
Heavy increases in these
applicable
income
net
for
Act
Revenue
2,153,157
>
596,746
Operating
3163.
p.
Period End. June 30—
17,448,518
"621,749
,
Fed. &
'Federal
1.661.507
Operating
Sterling Products, Inc. (& Subs.)—Earnings—
3,042,448
,
4,114,292 *16,191,749
3,892,500
15,570,000
*4,155,529
Dividends
1941
4,744,521
,
railway—
oper.
Other
Total' income
"•
$3,225,639
156, p. 438.
Period End.
R.
facilities
'
.
1939
$3,399,412
' 544,305
railway.,—
Texas &
1909,
I., as a small weaving and
the business was moved to Harrisville, R. I.
acquired and built at Ashaway, Greenville, *
1912
•
1940
$4,941,685
income...
oper,
from
Net
Gibbons,
this company was founded in
by
on
Greenville,
at
career
ry,
:
1941
$9,266,412
.
From Jan. 1—
Gross
Mowry,
will be
tops
J,
railway
railway./
from
Net
Thompson;
Marcus
Vice-President:
company
First
and
of
now
-Earnings—
1942
from
20,490,966
776,241
Net
Mapleville, Washington, Nasonville, and Glendale, R. I.; East Wood¬
stock, Conn.; Augusta- Spring, Craigsville and Goshen, Va.
As the
£>r23,058
4,890,533
its
Subsequently
20,514,024
80,735
income___i
oper;
new
Reid,
Vice-President,
growth
'Net
Gross
\
•
-
the
of
William H.
finishing
26,904,483t 112,500,714 102,086,603
16,721,047
72,367,448
64,120,297.
5,204,186 *20,587,813
17,452,282
t29,453,926
Operating
$
and
time.
officers
"The
1942—12 Mos.—1941
,
July—
and Austin T. Levy will continue as its President and Treasurer.
pany,
Earnings—
1942—3 Mos.—1941
Texas & New Orleans RR.-
yarn
formed
new
future
a
"The
"The
Southwestern
This
President:
Second
Period End. June 30—
been
yarn and worsted cloth,
and will sell its products through
Stillwater Sales Co., which it will also acquire.
The new company will
have an option to acquire the wool combing plant of the old com¬
4,152,266
*1,279
—.
worsted
just
worsted
711
4,469,994
Mills,
,.
railway—..,
has
which
$1,471
..
From Jan. 1—
Gross
1939
1940
*1,175
railway
of
manufacture
1941
1942
those of its-plants engaged in the
and worsted cloth to a new corporation,
under the name of Stillwater Worsted
corporation will engage In the manufacture of
yisville Combing Co., and wilf sell
Southern Pacific SS. Lines—EarningsJuly—
Monday, August 31, 1942
retire,
increase of 9.2V.—V. 156, p. 701.
•
$131,476
$1,715,944
$132,595
169
accruals
res.
398
$1,943,253
$207,595
income
$225,680
$142,602 *
208,350
213,993
217,099
221,669
*$17,330
$71,391
$52,369
$61,720
18,085
18,331
17,996
24,615
$164,730
$159,949
"
Other
l
Years End. June 30—
1942
Cost
of
4,259,810
/£//•„,/.
sales....
$4,602,365
$2,053,785
2,691
3,707
9,029
income"
,
Total income
Other
income
$4,615,104
$131,645
$132,994
$1,717,878
35,833
35,833
430,000
430,000
$95,812
$97,160
$1,287,878
$1,516,612
715
680
8,108
11,370
$95,097
$96,481
$1,279,770
$1,505,242
70,000
70,000
1,046,074
1,141,704
excess
:
deductions
\.
.
_—
Reserve
additional U.
S.
—V.
Income and
new
381,200
interlirt
An
the
Mich.-r-Bonds Called
est.
Addition
the year
St., Detroit, Mich..
to.reserve
for
$1,074,335
Tennessee
$1,047,996
50,000
200,000
contingencies.....
made
—V.
income
Operating
—L—
surplus
$1,024,335
credits
55,683
e
$847,997
84,371
/
Pres.
1
surplus
$1,080,018
$816,808
Operating surplus charges
in
increase
Dividends
declared
403,422 /
Mr.
1939
1940
operating surplus^-
Net
61,295
66,566
46,356
45,132
because
Net
ry.
income—_
24,907
31,996
20,389
18,333
advisable
2,266,133
1,685,037
1,511,797
>1,310,237
—
538,471
268,855
262,368
487,351
255,763
363,924
income.—
166,380
931,206
year
ftme
Net
from
ry.
—V.
railway-
railway
oper.
156,
$7.14
Gross
gas
Comparative Condensed Balance Sheet, June 30
Assets—
'
deposits
and currency)—/-//-„
U. S.
Treasury tax
U.
bonds and Treasury
S.
anticipation notes
notes
(at cost).
131,703
1,170.342
607,647
—
and buildings
(at U. S. equivalent)
receivable....
accounts
Miscellaneous securities
7,549
(less deprec.
and equipment
charges
619,668
514,119
—1,290,438
(net)
21,555
$9,297,543
$5,937,068
Accounts payable and accrued expenses...$401,206
Accrued Federal, State and town taxes__^\L_..
3,607,112
$278,484
Liabilities—
for
-
contingencies^..—
stock
Capital
Total
V'
'
....
and
inc.
250,000
1942
from
Net
ry.
railway
railway
oper.
from
Net
from
Net
ry.
$139,043
$141,041
19,541
17,350
19,508
27,116
*13,189
*12,579
*13,210
1,320,907
1,019,652
923,905
301,114
130,488
59,277
60,931
41,010
*108,117
*160,548
*181,909
'
,
income—
156, p. 438.
Stillwater Worsted Mills, Harrisville, R. I.—To
Change
A. statement- issued -by,-,
future
-
this
the -present1 company
company
will
states,
224,299
each
reduce
change
its
part:--
corporate
'
•
stockholders, on Aug. 18 advised
on
the common
stock, payable
share, as compared with 15 cent&
quarter,
that
earnings for the first six months of the
those
of
taxation
the
conditions
than
policy
formerly.—V.
rate
the
been
same
July
56,397
49,692
106,088
135,079
$836,198
influenced
Total
income
stock,
no
34,285
73,153
15,
March
on
16,
March
$3.—V.
155,
for
excfess
$324,425
$279,827
$604,251
10,215
12,692
22,907
15
p.
1942.
and
Sept.
made
was
15
During
June
16,
V.
155,
1941
$292,519
$627,158
$533,597
48,818
43,022
91,839
136,441
Oil income
98,953
85,351
184,305
173,151
Oil
58,323
114,381
132,196
Gas
24,000
24,000
48,000
7,500
t$188.633
$81,823
$106,809
I—
tEquivalent
1942
888,150 shares of capital stock.
Assets—Cash
ment
to
21
and
cents in
10
$84,309
cents in
on
hand
and
Sheet,
1942
reserve
and
accrued
for
June
30,
Savings
1940
$0.27
Other
Association.—
(
,
Co.—Earnings—
1942
1941
1,165,243
1,089,947
/-iwi..........
$1,396,150
$1,199,782
i..**./
102,146
66.285
$1,498,296
$1,266,067
Income
Income
taxes,
expenses
Operating
1913
depreciation and depletion.
824,690
911,49
344,995
312,994
$328,611
and
$41,577
2,019
8,879
charges
income
Miscellaneous
charges
credits
,
$377,485; working funds, $250;
interest,
$13,032;
accounts
receivable,
Net
>
15,568
3,322
$342,159
income
Note—No mention is made of Federal taxes.—V.
$36,019
154,
;
p, 2101.
total, $4,960,154.
payable
Federal
income
to
the
and
Federal- income
and
excess
and
profits
excess
taxes,
$28,296;
reserve
profits, taxes—current
>
year,
for
"In
the
near
par
name
to
Har-
surplus, $4,093,828; total, $4,960,154.—fV.
156,
p.
615.
The
electric
,
Guaranty
contingencies, $4,315; common stock (888,150 no
$633,859;? dividend credits outstanding,
$1,456;
earned
reserve
Tri-City Utilities Co.—Sale Approved by SEC—
etc.,
Trust Company of New
York, $79,000;
accounts payable,
$46,158;
accrued interest payable,
$99; accrued salaries and wages, $13,001; accrued employees war bond
purchases, $1,514; accrued royalties payable, $10,627;- accrued taxes—
shares).
$2,
$2,870,006
$0.34
(barrels)
income
Total
depreciation, $2,406,433), $1,114,121; producing."
development costs (less reserve for deple¬
charges, $66,170;
than
pay¬
intangible
Liabilities—Note
estimated
com¬
15,
1941
—$0.38
in banks,
and
$4,178,152), $2:656,428; non-producing leaseholds, royalties,
$372,024;
incomplete plant
construction,
$52,588;
other
assets
other
record
1941
tion,
for
the
on
of
Sept
.„___>(Est.)$3,800,000 §$3,506,492
Six Months Ended June 30-
Inventories, $156,087; lease, district and miscellaneous equip¬
(less
leaseholds
share
15, last, as
the following
$1.50 each;
'
Expenses,
$151,967;
per
holders
1686.
p.
$334,639
_
taxes—
income
share on
to
June
on
and
inc.
revised.
per
that
larger
2374.
share-—
per
56,059
*As
the
fact
much
21,401
——
—
profits
Net
the
'After charges, minority interest and provision for estimated taxes.
§ Exclusive of $273,508 net profit realized on the sale of common stock
of the ■ Bank of America National Trust
and
$512,190
cost__—
Fed.
deemed
for
Corp.—Earnings—
/._—
profit
Earnings
56,639
Depreciation
,
by
carry
dividend of 50 cents
payable
distribution
made:
were
value,
par
similar
A
Dec.
*Net
prof¬
expenses-—
of
to
but
year
been
stock
4130.
6 Mos. Ended June 30—
38,868
income
Depletion
last
has
common
necessary
145, p.
period
it
1,
the
on
also
was
has
it
for
effective
dividend
The dividend
Transamerica
132.284
$1,007,791-
Fed.
excess
Non-oper.
$48,000;
in
dividend
Transwestern Oil
deferred
Name—To Organize New Company—
,
and
941,205
1939
,
railway
oper.
1940
1941
$149,432
64,000
railway.—
•Deficit.—V.
...•
102,911
exp.,_
than
note, receivable
$214,019
,
income—
From Jan. 1—
Gross
Ry.—Earnings-
letter'to
cents per
excess
Miscellaneous
July—
from
$466,713
121,388
Balance
Staten Island Rapid Transit
Net
admin.
Non-oper.
200,000
$5,937,068
$3,75.
10,
;
,
.
Gross
$541,078
;
Profit from operations
4,362,629
$9,297,543
.....
a
stated
in
with $1.50
ments
and
———
—_
2014.
p.
In
directors have declared a
1.
pared
'1941
1942
1,095,955
5,039,224
...
31,*42 June 30/42
maintenance
repairs
to
common
and
taxes-,
Prov.
surplus..
...
-V.- 155,
*.
,
Dec.
oil and
royalties)
and
its
1,183,823
....—
stock;
'
next
.the
increased
wartime
Sept.
6 Mos. End. June 30
oper-
oil
produced,
Taxes—other
5,192
27,264
„
Reserve
Gen.
40,450
& amort.).
(crude
exp.,.
and
12,621
4,380
13,500
•
(at cost)^...^.'.......
Machinery
'
Prod.
2,152,011
Miscellaneous
Deferred
95,002
——3,450,013
Deposit in Canadian bank
Land
gas
1941
$1,304,647
1,200,820
(at cost)
Accounts receivable
Inventories
1942
$1,381,866
■
(demand
Mar.
from
inc.
ations
,
of
inventories
Co.—Earnings3Mos. Ended-—
Period—
Cash
and
10
common
Todd Shipyards Corp.—50-Cent Dividend—
Texas Gulf Producing
$931,206
$7.32
share
per
been
being.
under
438.
p.
774,544
$1,607,801
/
Operating surplus (at end of year).
Earnings
March
on
72,610
oper.
from
Gross
$156,662
(at beginning of year,).
Operating surplus
C/
-;
that
Dunkleman
$187,286
660,146
$676,595
June
2101,
Dunkleman,
have
$207,097
The
Net increase in
issue
the
on
will amount to 7l/2
$255,300
115,560
operating surplus..;
this
old no par value
10 and Sept. 10, $2 each; and
1941
previously disbursed
1941
1942
Net
Net
$2.25;
p.
R.
1,
$322,859
$932,367
$1,080,018
i-
during
stockholders
From Jan. 1—
Total
12,
155,
railway——
from railway—_—
Gross
Net
share has been declared on the
to holders of record Sept, 4.
10
on
Tip Top Tailors, Ltd.—To Halve Dividend—
Central Ry.—Earnings-
from
made
was
mortgage
:
July—
50 cents per
payable Sept.
10, last. Prior to the four-for-one split-up, the following payments
Oct.
income for
Net
"
of
similar
June
bonds dated Sept. 1, 1927,
been called for redemption as of Sept. 1, 1942, at par and inter-'
Payment will be made at the Detroit Trust Co,, trustee, 201 West
first
outstanding
dividend
stock, par $1,
distribution
common
A
March
of
87.
p.
Time, Inc.—Interim Dividend of 50 Cents—
were
Fort
910,900
law.
preferred stock———
common stock
10950 Longview Avenue, Detroit,
have
excess
tax
loss
Net
156, p. 702.
All
•
under
on
Dividends declared on
101,329
2,091,300
profits taxes anticipated
Net income
Dividends declared
868,600]
profits
———
$1,946,612
accruals
income
Gross
Income
$2,060,226
taxes
Reserve for
for
~2~733
'
1,019
199,669
■
charges
Reserve for U. S.
Deductions
retire¬
accruals-
res.
reserve
'
securities____^.._____.^__i.._.„t.A
gain from plant items sold or scrapped
Other
3,359
1,934
/
/' * Profit.—V. 156,
685,030
177,383
ment
Retire.
*
profit
from
-
3,001,374
790,455
250,816
compensation: to employees..
Operating
Income
Net
inc. bef.
Gross
1941
$5,917,572
Selling and general expenses___....
Additional
■*
$9,903,446
_
net
Gross
(L. S.) Starrctt Co.—Annual Report—
Sales
income,
-
>
-
in
SEC
approved
facilities
exchange
for
munities.
The
in
Aug,
"
20
the
sale
eight Kentucky
$175,000
cash
and
...
by
Tri-City
counties
facilities
to
in
Utilities
Co.
of
its
Kentucky Utilities Co *
three Kentucky com¬
.
acquisition by Tri-City of
the Kentucky Utilities facilities,: the'
"integral part of the disposition by Tri-City of a much
larger amount of its physical properties."
,
/
;
Tri-City is a liquidating company formed to facilitate the divestment
,
SEC said, is an
by Associated Electric Co. of its Kentucky interests and the SEC noted
both Associated Electric..and. Tri-City must
dispose of alh Ken¬
properties. In the near, future;,- All are units of the
that
tucky
.Associated-
Volume 156
Gas
&
Number 4103
Corp.! system
Electric
in
now
Holding Company Act.—V. 156,
THE COMMERCIAL & FINANCIAL CHRONICLE
?02..
p.
integration
of
process
...
.
United States Graphite Co.—15-Cent Dividend—
The
Truax-Traer Coal Co. (& Subs.)-^Earnings—
Net
profit
"The
charges, Incl.
taxes—
quarter of
Note—Provision
—.
"$124,385
$0.26
$0.24
provision for
included no
1942
' ••
•
for
$112,495
Federal
■'
•
:
?*;
■
■-
.
'
1 Including
'■*
and
-
Ry.
opierat.
revenues
31,683,624
Ry,
operat.
expenses.
18,460,670
169,202,404 111,660,154
13,991,960 114,901,397
84,823,375
income
from
54,301,007
29,032,912
of
Total
5,193,636
851,476
2,514,851
20,074,460
income
sources
from
■"Include
1942,
$5,500,000;
1942,
831,537
7,866,446
indicated
income
1941,
Taxes
from
27,940,906
Total
Net
profit
Excess
16,142,119
taxes
follows:
as
$500,000;
the
for
No
$2,939,242.
year.—V.
156
-
the
For
July,
months ended July 31,
seven
Earned
519.
in
.rates
90%
/
$4,932,165
990,267
970,184
224,245
169,333
!
_
of
ended
profits
June
tax
30,
1942.
bill for
taxi.
provision I for
that
surtax,
period
60%
and
»
Assets—
Cash
'TJ.
U.
1942
<45%
taxes
basis of
the
and
on
normal
surtax,
and
Accrued
months
basis
ended
June
of
the
1941
"Other
(31%
S.
150,323
and
5,519
773,809
unable
to
in
2,252,499
$2,252,499
shares of
"
,
obtained
in
deemed
was
who
6.4%
A
subscribed
Balance
to
call
purposes
Sheet,
June
1
securities--!,
Corp.
shares
minimum
offering but;
for
of
for
fulfillment
of
-
1941
$381,356
1,456,417
64,637
1
$15,092,439
mortgages
stock
Notes
payable-
Federal
payable
dividends
32,384
taxes
$5
preferred
Series
A
,
—V.
$10,641,703
296,932
452,126
9,191
37,148
293,061
—
1,51L336
3.665,516
3,202,091
2,890,307
$15,092,439
Oapital stock-(1,200,000 no par shares)
30,000,000
30,000,000
Earned
surplus
—___——v' 6,855,840 -6,571,769
♦Reacquired capital stock (at costi—_________ Dr2.870,660 Dr2,337,537
Period End.
__
Operating
June 30—
$2,409,657
*—V.
156,
1942, and 96,402 shares at June 30,
!
519.
p.
$2,006,782 $26,705,783
$22,462,755
865,756
730,861
9,785,763
231,106
168,371
2,159,233
225,365
210,167
2,614,895
taxes
469,200
263,400
4,498,500
202,830
171,318
2,263,269
revenues-
$415,401
$462,665
$5,384,123
$5,658,643
loss)—
34,795
1,848
95,571
46,689
$380,606
$460,817
$5,288,552
$5,611,954
150,818
151,214
1,816,453
1,762,419
$229,788
$309,603
$3,472,099
$3,849,535
1,171,602
$2,3 00,497
(net
Balance
——_
$2,320,065
839,913
Estimated normal Federal income taxes_______.
558,000
451,000
Estimated Federal
243,000
55,000
$932,896
$974,152
stock &
interests.
11,906
16,351
"Accruals
$920,990
$957,801
——;——
3,556,069
3,184,136
prior years____———.
97,488
excess
profits taxes—
Int.
amort.
and
Balance
div.
Pfd.
require.—!-
Balance
Net
after FederaT taxes-——
profit
Profits of subsids.
applic. to minority
for
common
profit
__—
Refund
1942—J
State
on
taxes,
vision
1942
:
Federal
income
(normal
and
surtax)
and
excess
is
upon the 1941 Revenue Act plus an added pro¬
approximately $975,000 for additional taxes which may be re¬
of
quired
,
Adjust, reserve for depreciation————
•Dividends
_
w
being
June
596,827
and
stated
$3,977,720
shares outstanding
(no pari
$2.31
Earnings per share
Consolidated
"..
.
$1,476,392
———.—1.111,903
1,219.633
2,034,200
receivable
Accounts
1,286,042
1,245,633
assets
—
(land,
buildings,
703,339
759,813
30,968,680
1
115,306
28,834,780
$37,804,276
assets
Fixed
Total
$35,026,328
1
Reserve
for
Reserve
for
Reserve
for
Deferred
Minority
Common
_f._!—!-__
——_______
depreciation and depletion.
!__
possible losses and contingencies.Income
liability
taxes
on
and
Total
fl
!
155,
298,414
298,414
601,186
17,199.030
445,745
528.000
20,992
25.622
11,952.538
11.952,538
3,977,720
—
p.
$1,045,627
6,500
—
(397,885 no par shares)
Earned surplus
-V.
$1,028,911
851.900
expenses—
contracts——
interest
stock
3,525,639
$37,804,276
10.344
$35,026,328
2191.
United Gas Improvement Co.—Weekly Output—
The
ended
'!
..
Assets—
%■
r
12
,
v
:•!
!
The
provision
months
output for the U. G. I. system companies for the week
22. 1942, amounted to 118.818,295 kwh„ as compared with
each
month
of
1941
have
Balance
•"
!
Sheet,
June
been
Auc.
101 678,490 kwh
in the same week last year, an increase of 17,139,805
of
as
filed
holders
the
a
against land
and'"
of
close
preferred,
and
of' business
class
Aug,
21
A
who
changes. - Approval may be had,
the SEC, by affirmative vote of
with
the
preferred
of declaring
stock
soon
as
dividend
a
the
as
stock¬
July
made
to
as
the
time
extent
or
of
these
■■
the
to
letter
4,
1942
sent
to
before
achieved
was
rate
of
bill
revenue
for
stockholders,
Federal
despite
for
45%
profits
Income
taxes
increasing
is
write
down
value,"
stock
to
of
the
any
of
of
for
27
$609,850,
were
and
costs
the
wartime
$100
stock
surtax
and
provided
as
Federal
the
No
Income
provision
for
in
Tax
excess
"The
will not
to
as
tax
House,
$306,000.
will, of course/ in no way change their
the letter signed by Faris R. Russell,
change in the par value of the pref.
to
board.
at
necessary.
assets
according
from
pref.
or
the
estimated
the
$50
of
normal
by
passed
as
1942
its other
its
in
way alter or affect the rights
dividend rate of $7 per annum,
any
present
rights and preferences."—V.
156,
p.
704.
Warner Ca.—Time For Deposits Extended—
Charles
date, for
President,
Warner,
deposit of
extension
has
Warner
that
states
to
bonds
been
make
plan
Aug.
15
reached
effective."—V.
that, the
announced
the company's
from
"deposits have
the
21
Aug.
on
under
extended
to
final
plan of bond maturity
Sept, 30, 1942.
Mr.
66%
of
p.
616.
156,
the amount
neces¬
dividend
of
50
cents
share has
per
been
declared
on
the
common
value,
payable Sept. 28 to holders of record Sept. 19.
with 75 cents per share paid on March 27 and June 26,
last; $1 on Dec. 26, 1941, and 75 cents per share each quarter from
March 25, 1940, to and including Sept. 29, 1941.—V. 155, p. 928.
par
no
This compares
Notes
.■
receivable
_!—_
Materials
and
instalment
supplies
(less
accts.,
reserves)
2,348,160
263,542
4,515,459
4,394,274
2,209,804
4,788,723
4,229,433
413,512
906,961
retire.
69,000
455,700
$5,950,366
$6,692,911
_____
110,903
215,493
—_
$6,061,269
$6,908,404
_____—
income
Total
deduc.
Total
deducts,
of
subs._
Net
7%>
295,747
386,911
$12,265,940 $13,490,056
4,138,145
4,110,525
8,149,854
151,487
157,936
291,936
298,972
________
$1,771,637
$2,639,943
$3,824,150
$4,927,738
divs.__
1,133,923
1,133,923
2,267,847
2,267,847
dividends——
206,941
206,941
413,882
413,882
$430,773
$1,299,079
$1,142,421
$2,246,009
of
income
&
$11,970,193 $13,103,145
Co._'_____
Elec.
Penn
92,499,550
2,715,820
40,726
:
1,302
6,274
1,398,873
1,506,895
1,133,158
.
less
6%\
A
"In
pfd.
8,263,346
West
;—_—
153,180
108,376
expense.——
3,946,523
4,318,645
465,240
376,874
108,685,189
102,598,296
____________
June
30,
normal
85%
and
(which
passed
Jan.
to
determined, the tax accruals for the six months ended
1942 have been computed substantially on a basis of a com¬
be
presently
of
of additional Federal taxes on income, which may
1,
1942, and the amount of which cannot
anticipation
retroactive
be
bined
—
3,567,998
4,937,454
;i_.
account
prop,
Balance
1,246,901
(incl.
3,685,831
8,807,720
Operating income__!_
Non-oper. income
$
97,661,923
—
800,506
530,015
2,581,695
Adjustments
Gross
14,864,976
1,797,759
5,179,540
depletion
of
16,920,252
!
_!_..
Prov. for deprec.,
&
1942—12 Mos.—1941
617,800
taxes-
Income
taxes
Subs.)—Earnings—
8,407,916
expenses
Maintenance
Other
(&
— $26,334,436 $23, 570.278 $51,101,690 $46,004,241
revenues
"Federal
Co.
1942—6 Mos, —1941
Operating
Class
41,291
receiv.
Operating
re¬
1941.
$
Electric
Penn
1941
v.
plant' & other investments
Accounts
West
Period End. June 30—
in¬
30
1942
!
for
by
surtax
lower
are
rate
of
than
40%
the
and
rates
House of Representatives)
the
an
excess
included
and
in
profits
the
tax
bill
without giving
rate
recently
effect to
debt
discount
and
substantial
which may
be allowable for tax purposes,
with
consequent thereon.
Such accruals may be subject to
adjustment, depending upon the provisions of the new tax
law,
Unamortized
Other deferred debits——!
deductions
enacted,
certain
tax
savings
when
matters.—V.
154,
and
p.
upon
final
determination
of
other
pending
2016.
Liabilities—
stock
stock
Total
Notes
Accounts
Interest
deposits
Deferred
Reserve
Other
year)_
670,000
620,000
Operating
revenue
539,644
658,202
Operating
expenses
353,392
303,512
Maintenance
5,747,974
2,685,288
one
.■
.
Federal
____________
and
damage
in
surplus
aid
of
construction
surplus
Earned
—
12,312,841
10,291,262
—
$837,072
292,138
548,745
578,485
______—_
92,516
81,594
173,123
158,377
21,100
17,635
48,185
8,06?
Gross
16,577
Interest
taxes-
Total
———
"Represented
for
—
32,480
17,769
27,895
299,136
7,717,480
7,558,373
13,361
13,934
28,284
26,015
45,000
20,500
65,300
41,800
—
$15,984
"$66,378
"$26,565
"$137,928
—,—
498,439
652,248
1,155,771
1,312,259
$514,423
$585,870
$1,129,206
$1,174,331
debt
118,232
121,804
238,341
245,253
under tax coven't.
Misc.
deductions
12,120
12,660
24,780
22,425
16,206
1,500
27,623
2,937
$367,865
$449,906
$838,462
$902,782
—_—
depreciation-
Operating income
Non-oper.
Amort,
income
income
on
of
funded
discount
108,685,189
by 2,788.445 shares (no par), including 20
outstanding scrip.—-V. 156, p. 168, 264.
934
______
Pay.
__—
served
$699,229
443,293
299,136
—
_____
$359,423
272,851
26,832
sales
—___
claims.
reserves
Capital
for
1942—12 Mos.—1941
$460,812
___
taxes
Prov.
45,317
reserve
injury
Other
211,891
491,590
construction
480,075
216,758
1942—6 Mos.—1941
—__
income
64,718
______
profit on long-term merchandise
Contributions
Period End. June 30—
490,420
—
liabilities.—
advances for
for
Rys.- -Earnings—
42,125,000
__—_______—
accrued
Depreciation
Penn
17,637,260
42,855,000
__!_____!
current
Customers'
West
17,637,260
—_—___
———
accrued
Taxes
19,215,764
______
payable
Customers'
Other
19,215,764
—;
long-term debt—
payable to banks (due within
electric
kwh., or 16.9%.—V. 156, p. 703.
.
pay¬
:
expressed their intention
,
,
Chairman
ending
For comparative purposes Federal
for
Special deposits
"Common
\
19,061,486
income.
include
the
give effect to tlie Revenue Act enacted in September,
Preferred
payable
for
Total
"
from
forecast .can .be
"The
amount
206,935
.Liabilities—
Accounts payable, including provision for accruals, Federal and State taxes______
_____
Dividends
taxable
taxes
Prepayments
equipment, wells,
pipe lines, franchises, leaseholds, etc., at cost)
marks, contracts, etc.
——
Deferred charges ——_—______
Trade
'
of
income
$2,907,300
1,242,733
(stocks at cost)——___—_
Other
taxes
basis
additional
3,661,934
$1,625,213
——
Inventories
; Investments
profits
This
Act,
1941
1942
—
!. v
the
Federal
taxes of
Comparative
Total
Sheet, June 30
■
Cash
1
Balance
$'2.41
Revenue
(1941—$707,800).
397.885
•
Assets—■
to
1942
upon
for
profits
excess
$3,525,639
397.885
Balance, June 30———
Common
monthly
above
excess
30, 1942
come
proposed
spread
shown
estimated
19,471
'
^
596,828
.
the
under
amounts
$4,141,938
$4,574,547
on
early
the
stock.
have
showing
Amort,
-
surplus—
for
8,242,580
profits taxes are based
Net
Surplus, Jan. 1,
permit
..
th^ proposed
per- share' on
ended
actual
$2,677,932
1941
inc.
940,587
——
29
Sept.
accounting practices, and
to
$441,205'reserve
.
stock
on
meeting
its
also
stock by reducing capital account
writing down property and plant
a
$1.
profits tax for the period is
1,171,602
oper.
$2,674,484
•Operating profit
Depreciation and depletion-—
,
writing down goodwill copyrights and trade
to
program
all
and
solicited
vote
the
of
combined
the
2,021,223
inc.
taxes
Net
1942
!
and compares with a loss of $173,025 for the like period
1941, and which was before the effective application of the policies
the new management,
which assumed office during the year.
At
2,359,389
Other
6 Mos. End. June 30—
disbursed.—-
was
■
restrictions,
2,425,224
Other
United Carbon Co.—Earnings—
the
on
1,755,696
—i:——
"Federal
!',''
■
and
use;
being
to
no
stock,
1942—12 Mos.—1941
Depreciation
1941.
special
a
setting up
common
to
cents
tions
A
Operation
$42,849,150 $36,982,951
per'share
$10,641,703
Maintenance _—!—____
!-_______
-.v
;
:
cents
15
of
(S. D.) Warren Co.—Smaller Distribution—
1942—Month—1941
revenues
B
payments.
-f-■'!
Virginia Electric & Power Co.—Earnings—
551,846
of
approval of the program has been received.
They further
state they will make later distributions at times and in amounts as
earnings warrant but point out that under wartime operating condi¬
735,300
3,876,083
v"
at
values
$25,683,875;
$7,595,000
directors
50
171,838
1,511,436
703.
50
155,-
holders'
3,209,725
pari
surplus
p.
1,
227,753
175,901
734,300
($1
43,437
283,791
year
stock—::——___
preferred
156,
March
each,—V.
$1
Dec. 20, 30 cents
on
preferred
on
from
are
according
of
200,020
one
Total
1,561,811.
558,450
Reserves
from
class
sary
$304,439
97,667
232,958
follows:
as
"
vbte
sheet
$2,928,036;
entitled
of
■9,178
due after
stock
6.4%
stock
Capital
$36,982,951
taxes_________%___7,126,183
Including
dividend,
v
Co.—Proposes Recapitalization, Etc.—
will
dividend
a
by
two-thirds
5,363
420,970
940,402
Earned surplus
general
compared
the current
Dec.t 1,
holders
to
1941, while
of balance
Proxies
are
164,342
purchase obligations-!-—
1
Federal
of
and
7,055,250
$180,557
payable__
(not current I
Mortgages and
13,638
wages
similar
record Sept. 5.' A like
March 15 and June 15, last, and on March 25%
on
25,
Baking
According
275,043
taxes-____
40,620
for
of
,
.
$12,883,475
account
-
$216,348
payable_________"_-______
interest, etc.
growing crops——
for
no
A
per
5.
15, last, as
1940, to arid
16,
616.,
proposals designed to modernize
liability
1
"118,202 shares at June 30,
to
of
,
1942
30,399
contingencies—-----.
Reserve
of
The
and
for
Accrued
Dec.
dividend
a
15
1687.
p.
stockholders
series
stock
128,414
a
3,000,608
__________
for
Sept.
paid
and Sept,
155,
which
and
declared
payable
marks
the
r
Total
June 25
weeks
& Devel.
for
Reserve
stock,
buildings not in
30.<
-
,
Reserve
$822,659
66,824
289,854
on
stock,
Sept.
June
on
p.
share
preferred
V
directors have
meet
preferred
to
such
'
Reserve
_
cents
Vinco Corp.—15-Cent Dividend—
capital
....
462,123
payable
25
record
after payment
share,—V, 156,
•
expansion
To
covering
with
inadvisable
war
report.
series
new
for
the plans for
out
annual
connection
26,648,259
$42,849,150
of
* Payments
during 1941 were
June 1, 75 cents; and Sept. 1 -and
ment
•'v
»
production
commitment
25,055,473
-
issue
from
of
cumulative
date.
statement
less related income tax.
year
carry
stockholders
_;—.
—
quarter
$1
holders
this
on
Arrearages,
2016.
1,592,907
$2,890,307
tenth
962,123
—-
2,890,307
states:
—__
etc.
1942.
to
directors
cents;
p.
230,925
Preferred
6~,i27
1,706,163
'
each
dividend
a
the
on
15
have declared a quarterly dividend of $1.50
per share'
the common stock, payable
Sept. 1 to holders of record Aug, 13.
Quarterly distributions of $1.25 each were made on March 2 and
June 1; last, and, in
addition, an extra of 25 cents was paid on the
1,415,368
Provision
"
4,480,352
$6
on
disbursed
were
Victor-Monaghan Co.-^Jncreases Quarterly payment—
2,420,150
Realty
taxes,
-
declared
Sept.
made
was
cents
Ward
$3,202,091
_________________
Notes
—1,356,535
have
accumulations
16,
The
Cr65,000
accounts
_____
amounts
$659,591
investments—:—
Accrued
Liabilities—
i
376"! 231
$637,808
Liabilities—
5,008,400
Like
share.—V.
payable
amount has been
...
515,286
and
Current
(net I
50
The
$826,301
Government
Common
Accounts
Bitting
;
1941
charges
Total
36,765
,
______
3,028,813
(at cost)—_
investments-,—:
of
,
distribution
$846,679
36,765
_
purchase
A
,
it
$4,344,019
notes
patents,
$1,050,804
36,715
period---
outlined
was
$2,620,788
•
1.
on\ the
share
per
per share on the
of
accumulations
July 1, last. Arrearages on the $7 pref. stock
to $32;02V'3
per
share and on the $6 pref.
156, p. 440.
amount
per
directors
value,
par
subs.!—!
267,647
Other investments, advances,
etc.50,230
Total capital assets (net)_—7,960,457
Prepaid and deferred items
21,358
been
normal
R.
offered
reasons,
etc;
prorated taxes applic¬
law
Sept,
$1.75
$1.50
account
130,000
increasing tempo of
program,
share.
(at cost)3,319,338
!-_
supplies——
assets
The
a
assets
Fixed
Goodwill,
has
1941,
of
has been
1942
and
Deferred
30,
and
1
will
record
of
of
on
"Victor Equipment Co.—Accumulated Dividend—
"
Total
receivable
Material
440,000
840,000
_
commitment."
Clewiston
profits taxi.
securities
interest on
Accounts
76,772
Products, growing crops, materials and supplies,
_■
.
six
the
on
'
tl. S. Treasury tax
71,409
Receivables
for
the
profits
excess
1
Government
$1,053,451
79,274
"
451,960
Comparative
$790,194
is estimated
K
the
excess
—
S.
$1,562,214
141,174
Assets—
Consolidated Balance Sheet, June SO
■
17,596
$1,035,512
17,939
inventory beginning of
were
per
Cash
643,417
$925,374
end
of» the
such
$25)
certain
420,434
J——
the proposed
to
$1,544,618
•
Clarence
150,000 shares
$1,854,044
4,584,902
April
$27.50
dividend
a
dividend
a
payable
.
surplus,
reason
$25
such
945,073
and
both
1939-40
$246,783
diversification
(par
27,105
$6,455,349
computed for comparative purposes to show the
able
*:
;
molasses
needs
$1,826,939
28,259
stock,
will be 75 cents per
4,263,728
1__
corporation
and
1,965,709
$6,427,089
declared
stock
of
1
account
$5,299,241
surplus, beginning of period
"By
the
J
The
-'
*
stock
President
1941
$11,144,537
3,502,935
general expenses—_
and
provision for Federal income and
excess
1940.
$876,633
'
Earned
'V
—
have
holders
2,
to
The
for excess profits, tax
liability
P.
Z-—
months
1
32,358
■"Adjustment
of
month
1942
Income
six
during
>
V.
:
Note—The
issue
Oct.
on
1940-41
Series A preferred, stock—
Advances
the
this
on
each
$1,795,908
stock
Common
profits tax—
Net
$1.50
4,841,575
Balance surplus
,
tax
with
paid
$6*386,194
______
preferred
7,957,905
income
Income
Oct.
with
-
8,184,214
Federal
income
Jan.
$50,"
par
was
1941-42
paid
8,351,191
income from operations.-—
Other
account
on
$1,763,549
Dividends:
at
Net
share
per
5,823,826
__
19,589,715
operations,-—
than
to
1
on
each,
$7,587,375
revenues
(net
2,175,440
_
(other
cents
"
profit
1,187,084
1941,
repairs
Depreciation
of $1
paid
were
;
1,170,948
Union Tank Car Co. (& Subs.)—Earnings—
Gross
35
.pref. "A" stock,
15. A like amount
•
;
operating
3,346,388
6 Mos. End. June 30—
Maintenance,
dividends
income
"For
•
and
5,252.008
either
for
15,
conv,
Sept.
compared
as
Provision for taxes5 on income—:. Li
5,757;250
income
$18,724,158;
is
Sept.
Oct.
as
all
_____
Federal
No
cumul.
record
last,
•
6,439,092
_
were
pref.
latter
10,384,869
1,302,346
charges____
etc.,
Net
1,
642.
income
Total
4,520,739
;
5,136,746
income
1941
directors
cumul,, pref.
on
$5
Fixed,
July
sales..
Interest
etc.
in
$7
cumul.
com¬
on
dividend
a
6%
holders of
1941,
Operating
,829,171
869,775
as
Payments
and
,834,779
1,897,026
—
invests.,
and
declared
the
on
p.
sales
Other
5,263,353
Equip. & jt. facil. rents
(net charge)
Net
14
record
last,
2016.
p.
19,255,313
7,216,433
"Taxes
Inc.
have
to
1,
155,
Cost
13,222,954
from ry. oper.
rev.
1
Dec.
Net
,
$
$
v
Net
155,
Years Ended June 30—
1942—7 Mos.—1941
$
•
June
cents;
of
15,
United States Sugar Corpt.-Earnings—
Leased Lines]
1942—Month—1941
$
directors
April
on
.
;
25
cents.—V.
1942,
16,
June
on
March
Union Pacific RR.—Earnings—
Period End., July 31—
March
on
15,
30
accumulations
—V.
'
15,
payable Oct.* 1
,i
„
March
Dec.
The
of
profits taxes applied
to the first quarter of the present fiscal year were computed at the
proposed rates of 45% for normal and surtax and 90%
for excess
excess
profits tax.—V. 156, p. 519.
cents
20
made
was
The
United States Printing & Lithograph Co.—Accum! Div.
■
.
and
income
with
distributions
share
per
stock
profits
excess
•
and
similar
A
follows:
in¬
on Aug.
20 declared a dividend of 15 cents
stock, par $5, payable Sept. 15 to holders
capital
1.
pared
1941
•
«'
v
.
Federal
share
common
directors
the
Sept.
1942
•-
profits
excess
per
first
taxes.'
all
after
and
come
Earnings
July 31—
Utah Power & Light Co.—Accumulated Dividends—
,
on
3 Months Ended
791
•
the
under
102,598,296
shares
re¬
Net income
"Deficit —V.
—
155, p. 1928.
THE COMMERCIAL & FINANCIAL CHRONICLE
792
Willys-Overland Motors,; Inc.-—Large Shell Output—
(& Subs.)—Earnings—
West Penn- Power Co.
1942—6 Mos.—1941
11942—12 Mos,-1941
Period End. June 30—
Operating, revenues — $14,362,232 $13,523,855 $28,126,643 $26,350,388
4,382,798:
4,294,846
9^084,539
8,391,181
Operating expenses '_j_
Maintenance
946,493
971,851
2,006,003
2,017,577
Federal income taxes—
3,031,000
1,616,645,
5,206,355
3,211,720
Other taxes
1,045,614
1,045,867
2,021,594 '
2,054,712
'Prov. for depreciation _Z
1,198,562
1,303)340
2,517,229*
2,293,117
——_
—
$3,652,987
170,773
income
Int.
_
303,303
Crll,628
Cr97,120
Crl04.382
2,260,913
39,993
47,762 '
34,675
-.-j--
58,073
668,447
1,336,893
$2,574,474
$3,618,883
$4,683,828
$1.23
:
$1.60
-
$4,955,776
share
$0.61
Western Maryland
$0.88
;.
.
....
1942—Month—1941
335,516
251,821
1,750,251
584,254
398,330
3,687,586
42,898
40,758
316,566
466,195
9,954
52,481
403,207
operations——_
General
expenses
59,527
4 —. -
Cr5,126
Transpt. for investment
f
revenue^—~
Net oper.
'Taxes,
Iiiabilities—Accounts
2,515,000
$466,197
$3,652,265
49,480
211,328
$640,680"
T
-——
16,199
net Dr
15,166
12,362
101,661
income.
$641,713
Other income—18,685
$508,315
$3,761,932
117,258
Wisconsin Electric Power
Provision
for doubtful accounts_i.__^.____—__i.
Provision
for casualties and
•
income——
Gross
: Fixed
charges
11,273
$660,398
282,066
—
operating
1,957,158
282,510
1,
of
1824,
the
194P.
the
0nt.,
.receive 103
Internal; Revenue
On- the- basis
3,425,248
-
-
amended
as
of
by. the
sinking/'fund^ bonds dated
6^/
at.
Co,,- Ltd,,
Main
11
prior to Oct.
time
any
date of
Street
East,
and will
1, -1942,
.such "surrenderA-V. 156, p. 88.
The-directors have declared*
,
of
accumulations
payable Sept.
income^ & excess'
profit taxes--—.
4,265,500
for
depreciation
—
2,504,692
2,850;733
$5,381,875
$5,804,762
1,306,001
511,933
$6,687,876
$6,316,695
Net interest charges..—2,524,187
34,703
2,560,256
;■
34,928
Net profit after taxes..
500,000
1,250,000
Rev.
2,507,194
-
__w—
Code
of^ the
a dividend of-$175» per share on account
on
the Vk
cumulathee* preferred- stock, par $100,
18 to holders of record Sept. 8, A similar distribution
" was made on March 20 and on June 20, last. During-1941; the following
/payments were made; March 20, June 20-and-Sept. 19, $2.25 each, and
Dec. 19, $3.25.
Arlearages as at July-1,- 1942; were said to amount
;
est.
revenues
six; months
first
'
for
Non-operating
Trust
National
Canada,
and. interest to the
Provision
operating revenues.
the
'(Alan) Wood S^eel Co.~Accumulatel Dividend—
'999,837
.
account
Net
heern made .for
have
do/so- at
•may
3,291,384
Prov.
$232,078
include
expenses
1942
and interest.
iHamilton,
*1,129,397
Taxes other
$1,922,034
$1,439,579
amortization of
defense projects of $85,439 and $504,369, for the month and seven
months ended July 31, respectively.—V. 156, p. 440.
;
/
Note—1942
30,
been *calledi for redemption -as of Oct, 1; 1942) at
Payment will be made at the Bank of Nova Bcotia
in Hamilton, Toronto and Montreal, Canada. * '
*; *
•> '.
Any- bondholder desiring to surrender bonds.: called -for redemption
6,041,137
^
$751,98^
June
78,444
1,214,349'
than income taxes—
ended
Wood» Alexander & James; Ltd.—Bonds Called-—.
24,920
64,762
.
months
12
A- total- of £$29,500 of • first' mortgage
103
Administrative and general 'expenses:;—!" /1,094,922
Other operating .expenses./————7,234,655
'
Net income$378,332
:
the
;for the^ six:months ended. Juno 30< 1942;~^V. 155, p. 2016.
■
$3,400,774
1,961,195
$3,879,190
$514,588
insurance_i___i__^
expenses
for
•
Aug.
23,054
>,
2,695
$?73,96l'
provision of Bill H. R.
<7378; as/passedi-by the House of Representatives.on-July 2$ ,1942- it
is estimated that Federal normal income tax, surtax and excess profit's
taxes of: the company will: be increased by •
approximately, $120,000
1941
.
includr
$1,259,854
' "
503;687
"
4,182
1941
the* basis, of
-Revenue" Act
accounts; payable
taxesFederal
1942
30)
for ithese taxes! have
'1942f on
'.Operating revenues*.-—'■$26,848;343;: $24,184,166
Purchased power
96,675
75)349
Maintenance and repairs_^__—1,542,610
.1,381,009:
Commercial
Net ry. oper.
/ / ;
;
27)651
*
■>
$1,274,470
>; 407/81:5
-
eo%—Earning^—
:
';
$1,232,203
.—————
amounts
June
ivisiona
salaries and wages accrued, $32,307;
$40,816; miscellaneous accruals, $1,160;
12 Mos. End. June 30—
$3,342,797
57,977
Joint facil. rents,
'
•
$3,246,604
186,472
90,279
Operating income
Equipment rents
v;
receivable
and State income and excess, profits taxes,, $885,384;
capital, stock,
$137,000; capital surplus, $832,237;, earned- surplus, $900,503; Treasury
stock,. Dr$32.624; total, $2,732,410,—V. 155; p. 2104.
$4,586,604
1,340,000
$6,167,265
240,000
(regular),, $131,759;
payable
$3,868;
miscellaneous accruals,
Cr7,994
______
$706,197
$1,085,680
445,000
v—
.
accounts
.J/ZZ—l'Z-1—z/Z^Z—Z_L
529,447
$1,246,'966
; ,' 27,504
provisions- for estimated* Federal-excess: profits
;taxes oft $221,757 ^ndi;-$78|442
respectively.
Provisions for Federal
normal income tax, surtax and excess profits taxes for both*
periods
<are adjusted to reflect -special provisiohsTor these* taxes*.made in-.the
•month of- September;--1941, applicable to- -the respective periods;
Pro-
reserve,
.(miscellaneous),
288,662
3,033,558
51,195
339,040
4,459,615
73,013
11,002
bank,/ $329,624;
in
and
"These
and
$55,777), $376,081; inventories, $1,053,938; life -insur¬
ance, $88,782; investments in U. "S. Treasury notes, $25,000;
plant,
property and equipment (less depreciation reserves, $196,872) , $836,656; prepaid'expenses and deferred charges, $22,429; total, $2,732,^10.
$1,920,610 $16,857;503' $12,447,706
683,959
expenses
hand
on
Net income
;■
442,685
.
..
584,965
,
$172,944
"
$1.35
-
—
177,701
031,094
585,636
.;638t-786«
_
[ Neb interest charges;1
Oihpr deductions
A*---4-
•
/
200,-165
652,912
_/2_Z.-—ZZ-/.::;;,..:
income
Gross
166,726
629,340f
/z.
oper.; reveque§__„
Noh&'jSferft't^
'■'!
304,405
•
Balance Sheet;
Assets—Cash
2,651,557
Transport, expenses
".,4
•,
i
1,445,084
Maint/ of equipment—
511,066
;
profit Z—u-:.,—-.i-;—-——
$79,079
Earnings, per commonshare.———. $.62
(less
*-•
■
Net
,
/
1942—7 Mos.—1941
$2,802,836.
19,140-
,
Net
■>
and Federal income
and excess profits,, taxes——
!'
4
;
'
28,490
178,684
————,
prof its taxes--.
2,792
1
5,321
taxes-————.
exo,,
"
4
expenses———i_——
for est. income &
"Prov.
$477,349
$609,285
Other, charges; to income—-
Ry.—Earnings-
Operating revenues
Maint. of way & struct.
,
11,838':
-
expenses—--,.——
192,704
251,320
1.526
iZ__-z/_iz-Zz-Z..
than; income
126,665
"
-Provisidm fOr^ depreciation—Z-„L—^ j..
$465490
8,899
$597,447
:
general
oper,
Taxes; other
$705244
269,75S"'
239,793
•"*
expenses—
—
income
St
■
$1,699,063
990,819
.
$867,202
/'
profit from ORerations™^^-income
//—Z_—
-Provision-for State
*
Micell.
.
—_J
;: Total income —————————Z_zz/z-
Monongahela West Penn Public Service
Co. and its subsidiaries are not herein consolidated/ (2) In anticipa¬
tion of additional Federal Income taxes, which may be retroactive to
Jan. 1, 1942 and the amount Of which cannot presently be determined,
the tax accruals for the six months ended, June 30, 1942 have been
increased approximately $649,000 over the amount that would- have
been required-on the basis of the 1941 rates.—V. 155, p. 2192.,
Traffic
profit on sales:
_z„
administrative fc'rid"' general
$2,269,738
1,402,536
1.335,894
.
stk.
Period Ended July 31—
Admin.
.1941
,
Other
allowances
expenses,
-
$4,181,480
':/65,334
;
145,811
othersZ///_ ::ZZZ'_ZZ-
Vepair&Zz_/_-„Zr.-Z.f——Z_ZZ_..
fqr-doubtful accounts—-„ZZH
(Casualties and insurance
:/—/
h
Net
Other
$3,242,921""
Notes—(1) The accounts of
.
1942
-
less, discts., returns and
&~
.1941
.
$4,636,663
i *100,865^
Provision
Commercial
sales——Z--Z.,,—,
/Selling,
$6,020,722
$2,447,149
668,446
surplus
com.
'Cost..'of
Gross
(2,935,000 shares) —
;
.
Gross sales,
-1942'.
.v-'-v
power^fram/pa-rprit
Purchased!; powerf^-frpm
Maintenance.
:
Cr126,966
2,259,611
.
"
—
Balance for com.
per
367,454
Purchased
,/. '
;
:
:>»:*
r
Operating^:reyenubi/^^'u/i'^i.,i:--i-,-/j-.-.i.r
-
3,034
151,667
six Mos. Ended June 30—
$8,519,079
$1,778,703
income
Earns,
4,471
215,647
to constr_.i_;
deductions "_/„//'
&
136,998
2,649
Preferred, dividends,
•
239,769
'
2104,
p.
31,1942
Wisconsin Michigan Power €o.—Earnings^-
Wilison Products, Inc.—Earnings-
.
'
prem.
Int. chgd.
Net
;
$8,382,081
$4,463,893
1,130,550
1,260
—
of,' debt disc,,'
met) & exp.—
.Amort,
"Misc.
$7,530,692'
debt-
interest
Other
-
——
funded
on.
$7,290,923
*
Non-operating income
Gross
$4,396,084
67)809;
$3,823,760
1,129,750
Operating income
Z
carriages and other armaments.—V. 155)
.
M
:
32 Mos. End. June-30-rr-. \^
The corporation had, passed the million) mark/in, its production* of
medium artillery shells and is. continuing tp ^ship^ many^ carloads • V,
"these projectiles every week/company officials dlsclosed ont-Aug; ,26.;
,/ In. addition to shells,) the company is. engaged in., volume.production
of, "jeeps, aluminum aircraft forgings, precision, artillery; gun: parts,; guh :
/
.,
rk-'v
..
/to $45.75 per. share —T. 155, p. 2192.
'
July—
Net
1942
1941
1940
1939
$2,990,501
1,210,832
$1,975,727
$1,486,997
$1,353,459
556,815
331,882
from
railway
—
—
.
Worcester* Street Ry.—Earnings—
'
:Gther*'deductions;v—;
Appropriation for con ting, losses- on investment
298,267
694)012
income-—
oper.
39,952
137,412
.
Net income carried to earned surplus—$3,628,986
From Jan. 1—■
Gross
from
from
Net
railway,.—
11,551,584
2,817,047
18,458,328
railway—
6,594,927
.
Net ry,
12 Months Ended June 30—
/Operating
/
Western Union Telegraph Co., Inc.r—New Device—
time
telegrams
to
developed a device
matic transmission
telegram may
same
-cities at
/
The
desired
are
company's
of doing everything
program
—V, 156, p. 704.
':•//; :
portation. subsidiary
Net
V-:
-V.
profit before depreciation
income—rentals, interest and sundry
Other
charges
Prov.
_4—
State
income
Net
■
taxes
on
on
I'M
.'
income
and
tax
:
accounts
:
payable,
$891,847;
accruals,
.750,012
income
$1,226,395-
dividend of
25
cents per
the-common
on
$1,234,078;
:
$1,156)931
441,518
442,701
^—
Dec. 17, 50 cents.
Aug.
on
The previous payment, 31 cents per share, was made
155, p. 1024.
V
1,. 1934.—V.
Wick wire Spencer Steel
;
income
'
'
include
for
tax,
surtax,
and
(And
Wholly
income
Owned Subsidiary, American
excess
before State
Wire
for income
"Income
earnings.
and
This
excess
estimate is
carryover of
tSix
in
our
taxes
based
as
return
in
1941
applicable
have
■
been
Internal
months
12
the
■
$788,058"
ended
$691,428
$560,433
have been
estimated
profits
excess
tax
tl30,995
at
of
50%
90%
of
and
proposed 1942 House TaX Bill and
for
last
year,
and
with
deductions
on
for
previous credits,
months'
proportion
of
incom^ taxes.—V. 156, pv 704.
1941, provision
., .
for
State
and
Federal
2,800,000.
**«
2,800,000213,901
318,901
145,033
1.454,000
taxes
profits
_iv
taxes
^12,636,348
.
L—1/854,000
" 4;688;i44* "23,836,348
^7,252,070
2,646.794
3,900,323
1,133,280
period
TEarnings^^ per share..—»
1,848,849
$0.53-
,$0.29
•
$0,71'
:
$1.13
"Based upon the'tax' bill' as passed by ;fhe Hpiise of; Representatives
July 20, 1942.
tOn" combined' 2,199,985; shares of class B* and
"800,000 shares of common stocks.
'
the
to
made
for
periods..
respective
the
•will
of
first
six
Provisions
of.
months
1942
on
for
the
these
basis
Note—The
/
taxes
of
ended
the
provisions for taxes include $22,862,694 for-the six months
1942 and $4,038,125 for the six months ended June 30/
June 30,
for excess profits taxes.
1941
•
-//.
'
tax,
surtax
and
profits. taxes
excess
of
the
;'y The directors
company
increased by-approximately $130,000 for the six months ended
30, 1942.—V. 154, p. 2016.
•
'
"
v
per
be
Wisconsin Hydro-Electric
3
each
of
on
earnings
!—__—_
/
_
.
1941;
$192,778
$178,617
76,377
72,039
/
——
•
of
Sept.
Like amounts were paid on April
16.
___//__—_
6,173
"Depreciation.
State
Z—;
.
5.494
—//>.'
_"__—//*.'
29,268
:
2
;
and
Federal
income
21,204
/. 21,.703
taxes—
10,900'
Interest
on
funded
Interest-
on-
unfunded
debt—
r
,v
-,i
directors
\~y
...
were;
elected-to. succeed
'
y
•
six/directors who
their: Own businesses
Walter L. McLucas,
Carter, R. J. Emmert, C. O. Ball and W. B, Livingston, The
who/ resigned, are5.43: E- -Wilson,,.O., E.^Hunt,: #bert; Bradley,
R; Hr Grant and C. -L, McCuen,; all officials of General Motors, and
George^ A. * Green,.. who, is. on,, the. staff . .of W. Averell; Harrrman- in
London.—r.V. 155, p. 2104.
'
- >
George
■
$57,496
25,963'
—
>'
following
>
regular-dividend of 25- cents per share, an< extra
paid - on. the -common,; and- class B, stocks' on Jan.
a
! directors,
3,135
$48,857'
■
v'f
"194^'
The
*
'Net'earnings
to
was
to
1
1 and
- --
resigned because of increased responsibilities/in
'due to the war1 effort: Charles T.* Fisher, Sr.:
18,750
;'
taxes1 •——————,/Z
.
addition
50- cents
Directors Elected—
a
the common and; class B stocks, all -payable Oct.
record
'
1942
Months Ended June 30—
■Maintenance-
In
Co,- -EarningSr-
/Operation
"
"..
quarterly,, dividend of - $1.75
the 7% cumulative preferred stock and dividends of 25
share on
cents
holders
.
Aug/ 24 declared
on
.'July 1, last?.
Gross
■■
Declares ReguIar Dividends—New
■
the
income
June
.
/on
profits taxes for both periods * arc*
provisions for these taxes mads, in Sept.,
,
25,963
•
.
,
'
Amortization of' debt
155,
p.
and expense,
*,
■
2104,
'■■"
debt__
discount
*
....
.
83
-
74
3,466
3.431
$19)345
etc;
$28,029
..
Wisconsin Power <Sr Light Co*—Preferred Dividends-—
The directors
dividend* of $1.75; per "share on
a dividend* of $1.50 per share
both on account; of accumula¬
tions, payable Sept. 15 to holders of record. Aug. 31 - Like^ amounts
were- disbursed on
these issues on June 15> last, .while' in* preceding
quarters, the company made distributions as follows: $1,16% per share
on
account of accruals and regular quarterly of $1.75 on |he' 7.%
preferred, stock, and*$1 on account of accruals and regular quarterly
of $1.50 on the 6%
preferred stock.
Arrears as of Junt/16» last,
amounted to $13,41% per share on the 7% preferred* and $11.50; on
the 6% preferred stock;—V, .1515, p, 2104.
;
; /
'
the
on
7 %
the
on
Aug, 21 declared
;■
/
YouHgstown; Sheet &. Tube Cov (&. Subs.) —Earnings—^
a
cumulative preferred stock and
cumulative preferred stock;
6%
,
*
June 30—
3 Months Ended
"Operating, profit
_
•
.
*
•
'Depreciation; and: depletion/—,—-——
/interest
.
$850,956
262,625
•
Revenue
basis
mal
194,1.
$1,701,911
"850,955
—
183,166
Federal income & excess
$714,030
June, 30,,194,2
Code as amended by the Revenue Act of 1941.
On
provision of Bill H. R: 7378, as passed by the House
of Representatives on July 20, 1942, it is estimated that Federal nor¬
the
:
—^
on*
.
and
for taxes-
profits
normal and surtax Of 45 %
used
,
taxes
Net income after provision
valuation
income
profits, taxes—..———
Frovision
Fabrics Corp.)
1942
Fed.
and
138,763
42,372
55,007
Net inc: for th<T
excess
'adjusted- to. reflect special
—V.
Six Months Ended June 30—
Net
4,723,941
-512,969
'
and June 30) 1941 provisions for estimated Federal: excess! profits taxes
of $120,600 and, $34,000 respectively.
Provisions for Federal normal,
Net'income
Co.—Earnings—
261,490
358,191
.
r«-
contracts^
additional
199
;
17
.
92,010,002
73,185,173
5,499,258
674,900
2,481,381
bonus
Employees
Dr2,500
4,502
amounts
General
share has been declared
51,110,237 174,564,856
and'
agreem.
material
$1,159,431
,
to holders of record Sept. 10.
A like amount
was disbursed on March 17 and June, 17, last.
Payments during 1941
were as follows:,
April. 17„ July 17 and Oct. 17,,,25 cents each, and
40,023,709 138,779,357
2,880,522
exps._
price & other
adj. potential in conn,
with renegot, of war
'
A
100,892
■
'
stock, payable Sept,
537,518
215,353
doubtful acct. & notes
864,643
7,683
:P_.—_
charges,—
income
"These
receivable
White Motor Co.—25-Cent Dividend--
380,668
70,760
Retroact.
392,71.3
822,001 •
deductions
Net
lor
$22,347; Federal
and State taxes on income, $515,362; first mortgage 20-year. 7% sink¬
ing fund, gold bonds, $26,656; 7% cucumlative second preferred stock
($100 par); $771,500; common stock (30,854 no par shares), $2,150;000;
capital surplus; $57,748; earned surplus, since Nov, 1, 1922; $1,013,723;
common treasury Stock (666 shares at cost), Dr$15,568;
total, $5,433,615.—V. 155, p. 1423;
'
purchase
723)796
787,715
547,700
profits taxes*.
exc.
315,762
97,986,194
78,080,474
sales—
Possible losses under
•
$493,440;
Liabilities—Accounts
701,973
depreciation_/__—
197,295
51,947
.
■Deprec; <te amortization-,
389,088
•
$3.90
buildings, furniture and fixtures,* automobiles
(less depreciation of $724,943), $1,155,626; deferred charges, $23,424;
total, $5,433,615.
;
/.
*■■/
..! * v
land,
&
v-.
of
Selling and adm.
*
(net), $1,773.332; inventories, $1,455,480; investments and other assets,
$84,646;
for
interest
Other
_
and
■Gross
Net
.
acceptances
inc.
est.
—
taxes—
''
_.$
^
91/371,592
/Contihgen. incl. passible
.
notes,
income
"
50,723,715 173,968,635
in-
(less
deductions)---/
Total
Cost
392.861
,
415,048
Net operating revenues————
Non-operating revenues
surtax,
$447,667;
for
than
)■•■
11,557
31,042
442,858
,
1942—6 Mos.—1941
-•
■
97,736,952
income
come
*
and 87'/a % for excess profits tax,
pending final enactment of 1942 Federal tax legislation.
(2) Amortization of appreciation on buildings in the amount of
$3,101.16 for the period of six months ended June. 30; 1942, has been
charged, to capital surplus in accordance with the previous practice of
the company.
"
/'/,
■..-/',, _• ';■;
Balance Sheet, June-30, 1942
•
•//
Assets—Cash.
Other
2,130,291
380,162
':■■;;'
34.624-
expenses
operating
"Prov.
5,659
Notes—(1) Federal taxes on income are estimated at rates Of 45"%
normal
*
$3,225,597
442,177
"■•/•C7r 720
*
expenses
other
Provision
27,067
;
insurance
;—
general expenses:
Taxes
$120,097
stock—^__^4._.^_._4__4.'
:
—
accounts
§'•
.
2,391.116
:
repairs
Other
stock——60,360
Earnings per common share.—
;■/. ■/'■■
Mfg. Co. (& Subs.)-—EarningB
1942—3 Mos.—1941
-
Co.'s prop, of net earns,
of subs, not consol.*/
1941
1942
;
Administrative &
2,052
18,480
.
''
cumulative preferred
common
Co.—Earnings—
$7,810,888
doubtful
and
Commercial
.
,240)000
—■'
profit.
Divs.
"Divs,
Casualties
.
and
■;
Net- sales
from parent co»)
1
power
for
Provision
—4__.4.70,000
profits tax-_._4....^____.-:__.4-,__44_-___
excess
AWards
of the Army-Navy "E"
corporation were raised
,,
& Coach
./•,■ ',.■./■•■'.■/
'; ///:."/ '://,,
revenues-
Purchased
$436,896
■
29,665
.
depreciation of buildings* and equipments
for
350.
Maintenance
772,286;
.
w//
Federal normal income tax and surtax
Federal
p.
Operating
:
7,089,599
■'
mortgage bonds.-
on
156,
12 Mos. End. June 30—
4.—\ .$466)561'
4.
..^u_4__i__.44_4
10,272
Total income
this
to
■
500,000
*
'■
Operating
Interest
264.
p.
Yellow Truck
■'
$8,298,781
.
-Operating- expenses;
Other
V. 156,
$4,007,831
1942
-1
goods
the presentation
production
41,346
_"■
—
Wisconsin Gas & Electric
the Six Months Ended- June 30,
for
of
Period End. June 30—
traffic.
;
sales
■
285,167
carried to earned surplus—,.
Net income
.
Earnings
for -excellence
*
com¬
'Whitaker Paper Co.—Earnings—
-Cost -Of
3,333,076.
—_
Appropriation for contingent losses on investment in trans¬
speed war
to
9.61,0
"
$8,167,421
—.L,
charges———_——
!
preferred stock of subsidiaries).-/.
'Other deductions——'—-—*.—:'
reached.
are
the main' operating rooms of the
in
use
9.72c
:
New
filed
the
of
that
device is in
$131,216
12,396,197
9.64c
simultaneously on Aug. 18 over five of its North New Jersey plants.
The company* produces engines for numerous military aircraft types,
including the Flying Fortresses and the B-25 bombers (which raided
Japani.•
■
'"/
*
!''
/'
''r ,'
/ The presentation was made' by Colonel Roy M. Jones, supervisor of
the* Eastern
Procurement Division of the U; S. Army Air Corps.—
592,998
for dividends" on
Provision
pennants, symbolizing
Five
/award
$7,574,422
-
Grots; income.
; Net interest
York City, and other key cities, where such, messages
by the Government, are being similarly, equipped, as a part
at
pany
are
time until all
a
new
revenues—
Non-operating revenues—
quick transmission of important war¬
long lists of cities, this company's engineers have
which prepares any arriving telegram for- auto¬
over trunk
lines to 36 cities simultaneously.
The
then be* transmitted automatically to 36 additional
$138,822
15,064,858
9.77c
rev. pass.
1942—6 Mos.—1941 /
$22,489
5,939,612
Wright Aeronautical Corp.^-Army-Navy
•-/;1942
$35,465,059
revenues; a—/—.—i./———.
Net operating
$11,996
7)704,480.
;—V.; 155, p. 57.
Operating expenses and ftaxes—^//——2T,890,637
To meet the constant need, for
1942—3 Mos.—1941
carried^
'■ /.
Consolidated Income Statement
8,351,864
938,501
"108,870
9,234,626
1,617,133
443,399
1,416,493
oper. income.^.
4,563,547
"Deficit.—V. 156, p. 520.
$2,471,511
fare pass,
Aver.'fare'per
,
Net ry.
Period End. June 30—
*
223,507
.
from railway
Gross
income
Gross
Western Pacific RR.—Earnings-
on,
f
-Net,
*
*
599,195/
' 659,232
4,541,800
$2,291,119*
$4,765,997
debtii;——t__j-^-^_-—--
profit
Common
1941
/
,
excess-profits tax-—8-677,000.
funded
/Federal income &
1942 ' "
>
' $14,099,277 $12,039,140
2,531,963: . 2,072,111
share outstanding.
_
--1,675)008,;
',Earnin'gs-/'i>eri,-; share„/_:—___■■_-—$1.2.4;..
.1,675,008'
a
$2,72,
deducting charges for maihtenance and repairs of' plants, mis-;
cellaneous: taxes, and sundry other operating expenses, etc.'1 '
- /' ■ 1 •,
"After
additional amount in/1942 ofr $259*000 was provided, in- the
estimated Federal excess profits and.income taxes,
applicable to the first quarter; . In view of the information now/available, it is believed the provision made for taxes, for the first six
'months of 1942 is/ample/for. probable increases therein,—?V, 156, *p, 350.;
Note—An
second
■«
quarter for
@FedFRASER