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(US. ADM?
LIBRARY
Reg, V. S. Pat. Office
Volume 162
New
Number 4409
Price 60 Cents
York, N. Y., Monday, August 6, 1945
Copy
a
General Corporation and Investment Mews
RAILROAD
PUBLIC UTILITY
-
Ltd.—Class A Stock
Ltd., re¬
Acadia-Atlantic Sugar Refineries,
of
cently sold iri the Canadian market an issue of 200,000
shares of class A cumulative preferential- participating
stock at $17 per share flat, yielding 5.88%^ at $1 rate of
.
V
are fully paid and non-assessable; isubjec^; to
preferences attaching to the preference shares,
preferred as to dividends and as to capital;
are
entitled
to fixed preferential cash
dividends (cumulative from
July 1. 1945> as and when declared by' the board of directors at the
rate of $1 per share per annum payable quarterly
(January, April,
July and October) at par at any branch in Canada of the company's,
bankers for the time being (far northern branches as may from time
to time be designated by such bankers excepted).
The elm
the
"A"
shares
prior rights and
the class
"A": shares are
Transfer
class
Trust
•
Pro
on
the Toronto
Co.,
,__—**
1942
1944
$200,000
368,245
200,000
$138,669
163,245
•
1941
376,346
200,000
200,000
200,000
:
200,000
879,206
200,000
1937——906,969
200,000
200,000
1935*
/
546,331
—*—**-***
V
865,951
—*
Philadelphia Stock Exchange*************
Pittsburgh Stock Exchange—
********
St. Louis Stock Exchange———******
$12,889
'*'
Toronto Stock Exchange—Curb Section***
51,081
58,096
409,667
193,068
202,323
82.110
188,650
596
addition
Bankers—In
to
&
Ltd.,
the
Bell
As
Ltd.,
Co.
F.
other bankers
Stock and Bond Averages*—*-
estimated
taxes
Federal
which
would
be
payable upon
liquidation of the portfolio),
net
indicated
The
1944,
as compared witli $1,121,614 at Dec. 31,
asset coverage of the 8,530 shares of con¬
preference- stock outstanding (after deducting
vertible
561
612
meeting of June 6, 1944, and serving notice of with¬
the associatoin, instituted litigation claiming that the
shares as appraised by the officers, of the company
under the provisions of the articles was too low.
The court in. its
decision upheld the- amount of the
appraisal by officers and dis¬
missed the plaintiffs' complaint.
An appeal from this decision has
been taken by certain of the plaintiffs to the Appellate Division of the
Supreme Court of New York. ■ As of this date owners of only 29,043
of the total of 138,001 dissenting shares who served notice of with¬
drawal have failed to turn-in their stock,"
drawal
Income
Earnings for 6 Months Ended June 30
1945
expenses
collateral
Clearings*
Dividends Declared and Payable
6®^
603
604
—
.*——
602
.
Reserve
■
604.
Condition Statement of Member Banks of
Federal
Auction
;
Reserve
' Sales*
*
*'*
System
provision for taxes—
Net
'
'
■
•
"
■
Cash'.dividends
share,
Consul,
'
*'■
'/
",--v
31
'
87.321
21,128
28,891,
""16,921
$336,070
$402,044.
—,*__—
earned
Dec.
$282,888
$301,208
surplus,.
4.407,670
4,398,204
4,302.497
4,244,258
$4,809,714
265,056
$4,734,275
$4,585,385
198,791
219,491
$4,545,466
219,491
$4,544,658
$4,535,483
$4,365,894
$4,325,975
*--***—*^**
Total—*
Divs.
on
*
stock
common
earned
,
surplus, June 30—
•Nu
provision made for Federal income
M
* * *
taxes
for
1941.
Comparative Consolidated Balance Sheet
"-•Assets—o ; :•June 30, '45 Dec. 31. '44.
investments (at cost)—General portfolio securs. $23,550,393 $22,729,214
U, S. Government,obllgations*i***i:**i*^****
5,750,000'
3,065,239
<
-International
American
'o-
Corp.:
.
^
nofce-*****^***i^*i.**i**_.
Common stock
******
1,900,000
3,453,437
*_—**„*_
Accrued interest and
Accounts
3,453;437
receivable
200,000
(other)—i
100,000
713,885
80,215
dividends*^*!**^*^*-;**-
1,765,880
39,103
3,078
**_*•*.**
'
—
$33,751,007 $33,052,874
■"
Liabilities—>
•;..••'■V'
Accrued int., incl. unclaimed matured interest.
Accrued taxes and expenses**
—**—
,■
Reserves
$164,360
-.'*'4—'**;^.;* **:*——w* ***—,,,
-Earned
•
*****_-**__***_*;.__****_i.*
1,325,399
.i
n
•
1,375,500
17,479-,994
4,544,658
,
,
Total
~-v.
6,883,500
1,241,500.
1,375,500
1,325,399
18,081,961
.
-surplus,,
„
604
52.916
124,024
6,883,500
1,241,500
stock (par. $1■):**„*
Common
$162,372
48,487
85,643
for
contingencies****..——****:**:;
10-year 4(4% debentures, due Aug. l, 1946—
Collateral trust 4% bonds, due June 1, 1947
Collateral trust 4% bonds, due March I, 1948*
4,407.670
i
■
.w
i
I,
$33,751,007 $33,052,874
i6i,
1989.
p.
;•■•;;
;•,
._
■;
Akron Canton & Youngstown
June—
Gross
Net'
'
—V.
_
-
1943
1942
$332,632
$270,929
111,099
113,335
25,609
50,995
58,674
2,464,171
2,275,038
2,207,788
.
$11,858
from
from
: ry;
railway****
railway*****
income*.
129.
oper,
162, p.
829,463
805,582
347,517
;
406.566
80,078
39,106
'<
1,601,035
962,474
538,373
529,204
295,699
-
.
$11,655
Total -income **_-*_^*__**i**_***^**_***^___l_*_l^*_:***-;
1944 *
71,058
;
ry. oper, income
From Jan, 1—
Gross
RR.—rEarnings—
$364,012
Net
as
:
1945 "
$361,663
'
from
railway
Net from railway
Net.
Income, 6 Months Ended June 30, 1945
'
income
,
203,534 shares of common stock: out¬
June
Statement of
»
198,657
200 shares held:
30, 1945, was approximately. $4.81 per
against approximately $3,80 per share on Dec. 31, 1944."
-
198,615
debentures
and
Capital -surplus
602
——*—
.
at
198,615
trust
on
bonds
*
Banks****—**—**-—.*-—■ >■
share on the outstanding convertible preference stock (being, the
amount of its' preference on the liquidation of the corporation) the;
standing
198,615
26,100
;
Total
per
of the
1942
$594,271
83,877
$604,106
83,702
•
treasury pending retirement) was approximately $154.73 per share
June 30, 1945, as against approximately $129.10 per share on the
8,685 shares outstanding on Dec. 31, 1944,
After allowance of $40
value
1943
$639,515
90,222
_____
Int.
1944
$716,982
_*
General
on
asset
their
Total
in
indicated.net
from
of
'
Notices
The Course of Bank
■
■
stockholders'
\}. Adamex Securities Corp^*^***—..^..
Investment News
State and City Bond Offerings and Sales**
Redemption Calls and Sinking Fund
Report—
President, states:
V
company.
1,
lawsuits
value
583
—-
General Corporation and
■
for
*
Foreign Exchange Rates
—
—.
Combined Condition Statement of Federal
"v;:,
"The net assets of corporation, based upon the market value of the
investments owned, amounted to $1,319,830 at June 30, 1945 (after,
deduction
601
600
583
583
Miscellaneous Features
J.
Air Investors, Inc.—Semi-Annual
by
May
the
10-year
"
Gurdon W. Wattles,
"On
•''
Ltd.,
v
evidencing'the loan from Bankers Trust Co, was
subject to an agreement with Bankers Trust Co.
1945, which, among other things, provides for minimum
annual amortization payments of $120,000 to be made on Aug. J of
each year, beginning in 1947, and for additional and possibly earlier
contingent amortization payments in ease of certain specified increases
in the market value of the net assets, or additional payments from
net earnings, during any year when the net assets decline below 150%.
of the difference between the total funded debt including borrowings
incurred to pay such funded debt and amounts set aside to pay such
funded
debt
and
borrowings.
The loan
agreement
also
contains
certain restrictions on the payment of dividends in the event the net
assets decline below 150%, as well as certain other restrictions on
599
*
_****.
Transactions New York Stock Exchange—
Securities Ltd.,
as
(July 27)
Over-the-Counter Markets—*i
McCarthy Ltd., Lauder Mercer As Co. Ltd., The Yorkshire As Pacific,
Goulding, Rose As Co. Ltd., Isard, Robertson As Co.;
Lightcap Securities Ltd., Thomas B. Read As Co. and Traviss
Co.—v. 161, p. 2781.
As
maintained by the
providing for
and
under
Consolidated
Transactions New York Curb Exchange*
Brennan As Co, Ltd., Guildhall
Securities Ltd., G. E. Leslie As Co., Wilson, Tovell As Co., Canadian
Alliance Corp, Ltd., Geoffrion As Robert, J. C. Rogers As Co. Ltd.,'
Burns
Bros.
As
Denton Ltd.,
Credit Interprovincial, Limitee, Hall
Securities Ltd., Skaith 'As Co. Ltd., The Western City Co. Ltd., Carlile
M,
T.
**********
Current Week (August 3)—*--—**
participating in ihe offering were: R. A. Daly Co. Ltd., W, C. Pitfield
As Co. Ltd., Midland Securities Ltd., L. G. Beaubien <5s Co. Ltd., Eastern
Securities Co. Ltd., Pemberton As Son Vancouver Ltd., Fahtlough As
Co.,
(July 27)
Previous Week
and class "A" participation.
Co.,
be
July 2,
Montreal Curb Exchange—
''"'/'.V" /': \
Gairdner
598
601
Current Week (August 3)***_*—***—
Previous Week
(§(Class "A" stock participation,
will
Montreal Stock Exchange*—
(t)Dividend of $1 per share on class "A."
on common
Stock Exchange———*—*
outstanding,
"Company's note
dated
597
Toronto
25,448
/
,
200,000
1942
<*)Available for class "A" dividends.
(t)Available for dividends
—
.**_*—*
Detroit Stock Exchange**———*
22,748
253,243
274,290
' 1,329,003
679,206
706,96.9
346,331
j 665,951
1,529,003
,
"
176,346
453,243
1938*__*—*1—
1938.*
.
474,290
—*
.
1940***—*—*****i—*
1939—**——**a***
—
Cleveland Stock Exchange—
1943
-*
_**—
*i *—
Los Angeles Stock Exchange*.—*—.
$338,669
1943—
584
588
593
593
594
594
595
595
595
596
596
596
(Bonds)——
*
Chicago Stock Exchange
Cincinnati Stock Exchange***—
and Montreal
194fr
1944*—
Stock Exchange
573
Stock Exchange——*——
Boston
Statement of Earnings
Forma
Years—
Stock Exchange
New York Curb Exchange*——*
Baltimore
'
Calendar
*
made
in
pRg©
New York
debentures
such
of
1945, a decision in favor of the company Was rendered
brought by certain shareholders who, after dissenting
from amendment of the articles of association effected at the special
Stock and Bond Quotations
New York Stock Exchange (Stocks)--***-
St. John, N. B.
Listing—Listing of class "A" shales
Stock Exchanges has been approved.
amount
deposit with said trustee for the purpose of
the payment of such debentures at' their maturity.
company on
.
"A"
agents, Montreal Trust Co. and The Eastern
Registrar, National Trust Co., Ltd.
MISCELLANEOUS
-
transactions
shares are entitled to par¬
ticipating dividends, as and when declared by the directors, payable
out of residue profits representing one-third of consolidated profits
of each fiscal year commencing with the year 1945 after provision
for taxes and iixed dividends on preference shares
and class "A"
shares and after deducting $1 per share for each common share out¬
standing; such participating dividend, when payable, to be paid on the
next quarterly dividend payment date for the fixed dividend on class
"A" shares after the expiration of four months from the close of each
such fiscal year in an amount sufficient substantially to exhaust such
residue proits. \
:
Privilege—The
Participating
•
\ \
*
deposit in bank,- $60,129; t/.- S. Treasury certificates
indebtedness, $100,000; Investments, $915,17.0; accounts receivable
for securities sold, $19,074; interest and dividends receivable, $1,364;
prepaid taxes, etc., $340; furniture, and fixtures, less $191.56 allow¬
ance for depreciation, $103; total, $1,096,180.
v\
:
Liabilities—-Accounts -payable, $4,436; Federal and State taxes ac¬
crued, $32,791; convertible preference .stock - ($10 par), $87,300; com¬
mon stock ($2 par); $407,068; paid-in surplus; $I4T,403; earned
sur¬
plus, $424,446; treasury stock (200 shares convertible preference, at
cost), Dr$7,264; total, $1,096,180.—V. 161, p. 1533.
Assets—Demand
Sold—A syndicate headed by Gairdner & Co.,
dividend.
INSURANCE
-
Balance Sheet, June 80, 1945
;
v
■,
INDUSTRIAL
-
Interest
;**
earned,
203'
^^_^_-******_**'*****"
****^**^***
:
'
Alabama Great Southern RR.—Earnings—
:
i.: ''
1945
;
1944
•
1943
June—
;_*__*_**__***
Expenses-
;-**-'_'***_*-*-*_**„**^****.,';.;;- .5,844
Net
Net
Net 'income
Profit
on
income
Net
Income
,
of
of
i**—**__*^*
—I*:
__**v—**—
sales
taxes
securities
(after
provision
-
for
$6,014
Federal
__I
—;
Cash dividend of 30 cents per share
'■
>
$19,788)—
66,806
**1___*
paid on
pref, stk;
ELECTRONICS
TWfiUfertne:
HAnover 2-2600
96,408
127,335
;railway^.___» 11,084,230
railway**—*
4,127,991
11,263,593
from
ry.
1,002,372
1—
.
.
oper.
1942
172,566
'"r":
•
income—
877,013
11,400,077-
4,675,782
i
1,012,386
5,624,623
1,266,074
*-•
•
^
which
Co
994,086.
%
;
•
York
-
Belt Teletype: NY 1-573
are not
readily marketable.
inquiries invited
,
INCORPORATED
Members New
NEW YORK 4, N. Y.
„
\
REctor 2-36O0
Philadelphia Telephone
>
HILL, THOMPSON & CO.,
Security Dealers Association
45 NASSAU STREET, NEW YORK 5
Telephone
Enterprise 6015
.
,
~
Bell Teletype
New York 1-576
120 Broadway,
New York 5, N. Y.
i>
8,557,743
i 4,007,226
BLOCKS of SECURITIES
INDUSTRIALS
Kobbe, Gearliart & Company
"*
826,890 *
$1,727,215
899,833
»
89,023
-
MUNICIPAL DEPARTMENT
Established 1922
income.:*
$2,005,273
Banks, Corporations and Individuals have (ound
us an effective market place for large or small
RAILS
Municipal Bonds
80 BROAD STREET
544,612
from
—v.--162,1 p.-1,
SPECIALIST IN
&
$1,933,094
2,595
■;
FLORIDA & NEW JERSEY
qAllen
$1,689,512
railway
ry. oper.
Net
$72,820
railway—_
From Jan.
Net
!I*:.*__—*
.conv,
from
Gross
;
f
,
Gross from
INC.
,•
:
COMMERCIAL & FINANCIAL
THE
Period End. June 30—
Gross
revenue
taxes/
for
Other
11,890,400
3,235,200
8,932,973
13,494,094
3,326,670
273,600
,765,865
280,845
796,637
depreciation. :■/
for
Provision
914,977
1,081,445
expenses.
Operating
Prov.
8,753,645
Total
:
Exps;,
Net income
Divs.
—
i—, ■,
pfd. stock-
on
$324,081
incl. ://i'./!
712,854
chgs.,
discount and expense-
—V. 162, p. 241.
Inc.—New President-
Allied Mills,
been
V.
expects to call a special meeting of its
be held on Sept.* 5, 1945, for the purpose
preferred stock.—V. 162, p.-345.'.
• *• •
to
new
Net
>.v>
v\
%:>r
•
—V.
•
;
sales
>
$1.65
/:
$1,541,774""
865,000
640,000
1,925,000
$3.25
$1.33
$650,778
$1,347,992
$1.37
v.v~
v.
;•
Electric Co.
,1 1
Airlines, Inc., are to
>r:
;/•',
!
/
,
f
[s "r(v
Interest.
1943
$403,063
$367,894
$349,043
12,578
34,139
27,084
•
.1
income—
Total
-
79,298
241,823
252,349'
$98,534
$50,807
$143,253:
*
.
^
Dec. 31/44/
vX X'.*
$15,459,745 $15,499,139
obligations—————.1,100,000
2,100,891*
Machinery Co. of America
216,607 '
208,976
1,592,403 >
961,415'
interest'and
dividends
>
40,781
/ 39,662
—
—
Govt,
S.
Allied
,
85,262*
87,451
June 30/45
at book values: General portfolio
X ,/ :
securities
U.
•
$480,864"
Comparative* Balance Sheet'
Investments,
/
1,800
:
$377,927
$403,834
;:///
217,848
$228,013
income
"
/Assets—
r
'v? ;
'X:
76,498
-iLi/illl-ili'
Operating
.
■
.
>
■,/
1///X''./
112,930
Oper. and other exps.—
Interest
'
1,800
1,800
$417,441
America——
i.
■
.
-
i
$448,'555'
32,309'
Compensation receiv. fr.
l Allied Machinery Co.
30.-1945, were equivalent to'approximately:
the
amounts shown below for the respective securities. of American
General Corp.:
$172.77 per share convertible preferred stock, and,'
after deducting pieference in liquidation of $50 per share and accrued
dividends,- $15.52 per share common stock.
'--'-V.
$'•
$1.28
1944
/_.!
—
$13.93
1942
1945
Dividends«l__/l,l.l
2,823/
13,987,473
Ended June 30
Income Statement, Six Months
Report— I t :
General Corp.—Semi-Anrrual
3,763.
.
be
assets wt June
net
The
3,496
$6,550,000
—
—
:i
v...-*.
:
7,650,0001
;
Dec. 31, 1944—
1
5,750,000X
—
Aggregate loans:
X
»
June 30, 1945—I.—,—
—.
$6,550,000 . / ; 3,496
Dec. 31,
1944
' 7,650,000
Net assets applicable to common stock
16,347,851
Net assets per share of common stock———
$16.34
Sumner
; American
j
$1,239,298
$0.68
American
and
6,550,000
—
each $1,000 of debt:
loan;
1945—
30,
June
.
the
to
and
1
i
1,640,000
$654,137
Airlines
cojporation
this
$961,415
2,101,721
21,637,473
'tl
432,825
$3.56;
Airlines, Inc.—Services Unified—
System is the name under which the unified;
\
-
and excess prof, taxes
Dec. 31,'44
1,102,214
22,897,851
———„—_.
Asset coverage for
of
income
S.
at June 30, 1945,
Thi3
i
$1,592,403
—
loans
Aggregate
Secondary Offering—
Blyth & Co., Inc., on July 27 offered as a secondary dis¬
tribution and quickly sold 20,395 shares of common stock
(par $10).
The offering was priced at $35% per share
with a concession of 60 cents a share to NASD members.
—V. 162, p. 346.
./.11: '
,
——
U.
432,825
American Gas &
■
1945—3 Mos.—''1944
1945—6 Mos.—*1944 J
$21,500,000 $17,800,000 $43,700,000 $36,000,000
Inc. beore depr., etc.—
2,294,857
1,958,700 f 4,822,793
4,212,935
Deprec, and amort
775,720
667,922
1,54^,801 ■ 1,.>.5.1,637,,
i Period End. June 30—
903,157
$2.48
Bankers Trust Co.
$794,044
432,825
—1———
1.I—
obligations—
net assets before deducting loans—
Total
public.
In making this announcement, Ralph S.
Sewell, Presidents of American and American'
Export, respectively, reiterated that both companies will retain their
corporate identities.—V, 162, p. 241.
*
'
,
Co.—Earnings—
American Brake Shoe
for
178,426
1990.
of
Damon
yield
to
101.82,
at
113.
Prov.
$1,406,709
/ 432,825
$712,283
share-,—
p.
presented
■!;
' l
161,
American
*
3.4%.' The bonds mature:
May 15, 1974.
The issue was offered by A. E. Ames &
Co., Ltd., Wood, Gundy Corp., Ltd., Dominion Securities"
Corp., Ltd., and Royal Securities Corp., Ltd.—V. 160,i
Net
1,435,764
stock-
—————
per
services
Ltd.—Bonds Offered—An
issue of $4,250,000 of first mortgage 3Vz% sinking fundi
bonds series A was recently offered in the Canadian
p.
1,306,221
39,592
,
American Export
1 '
**
$2,220,798
compared with $3,063,136 at Dec. 31, 1944.
comparative data are indicated below:
as
Govt,
„
of Canada,
Co.
Aluminum
market
793,147
120,773
'
res....
of capital
Earnings
of authorizing;,
•
$2.46
hand—
on
S.
U.
$4,294,887
2,595,867
157,246
$3,020,899
$2,139,857
$1,626,203
>
profit
Shares
stock¬
common
$2.43
4,956,604'
4,923,657
Government obligations at market value
and
totaled $2,694,617,
Mos.—1944
1945—6
V/
to be received from the sale of the new stock,,
will be used to redeem all of the 195,225 shares of out¬
standing 5% preferred stock (including that received by underwritersin payment for the new stock) at $100 a share, and any balance of
proceeds will be added to the working capital of the company.
thd
$2,382,005
967,471
Corp.—Semi-Annual Report—•
American International
Cash
Cash
1945—3 Mos.—1944
profit
special
for
Prov.
net proceeds
holders.
surtax
Co.—Earnings—
taxes
Income
$19,522,500
The company
$2,653,047
1,093,006
deducting
and other pertinent
operating
Net
stock
'
$7,205,662
$7,177,402'
depreciation, interest and other charges.
tPro-'
for foreign income and profits taxes and for Federal income,
and excess profit staxes.—V. 161, p. 2654.
vision
450.
p.
Period End. June 30—
expected
the
162,
American Chicle
that arrangements will be made with the under¬
writers whereby holders of the company's outstanding 5%
preferred
($100 par) will be afforded an opportunity to purchase the new
at the public offering price by tendering their old stock in payment^
Of
earnings
Aver, no. of shs. of stock outstdg—
Earnings per share—
X, 1943.:
1944
;
X/-.v
$7,690,577
5,037,530
June 30,'45
September
for the new.
„
Consolidated net
•After
notes payable lElectric Bond and Share
serially, $24,000,000; 3% notes payable (Electric Bond & Share
Co.), $6,000,000; accounts payable, $243,200; accrued accounts, $2,291,717;
miscellaneous current liabilities, $721; deferred credits (income
from subsidiaries
received in advance), $94,245; special contingency
reserve,
$1,625,000; earned surplus, $37,130,346; total, $515,325,682.—•
statement
par)
is
■
series
$393,940,452;-gold-debentures, 5%
Liabilities—Capital stock,
2030, $50,000,000; 3%
profits taxes
excess,
tProv. for taxes—
$6,347,601; total, $515,325,682.
expense,
for income and
prov.
Co.), due
Corporation filed July 31 with the SEC a registration
covering 200,000
shares uf cumulative preferred stock ($100
which are expected to be offered to the public early in
through an underwriting group to be headed by Lehman Brothers.
It
"
duo
Corp.—Registers New Preferred—
Allied Stores
and
discount
elected President and Chairman of the
board of directors to succeed the late John B. Dehaven, who died on
June 25.
Mr. Buist has been with the company .since its inception in
1929 and has been Treasurer since 1933 and Executive Vice-President
and Treasurer since 1941.—V. 161, P- 2549.
has
Buist
J.
Harold
"■Profit before
v
1945
Ended June 30—
6 Months
!
Assets—Investment securities and advances; subsidiaries, etc., $491,449,473; cash in banks—on demand—U. S. currency, $6,824,751; U. S.
Treasury bills
(at cost),; $8,600,000; accounts receivable, $19,330; in¬
terest and dividends receivable) $1,844,878; . other current assets, $19,740;
special deposits, $219,910; deferred charges—unamortized debt
1945
Corp.—Earnings
American Home Products
$6,439,957
$6,663,442
$1,095,125
$1,170,970
.Balance Sheet, March 31,
$1,977,555
$1,684,163
$134,999
868,688
>
surplus/
Balance,
J
723,353
2,626,125
2,248,327
I'. •vll-.v.'V.>'/;''//,/////',;,<>■ //; //'/
944,521 , 3,488,127
4,480,842
■,/ ■///•
amort, of debt
and
Int.
$3,953,149
$4,246,541
2,268,986 ;,i; 2,268,986
189,082
$141,142
.Balance
$7,439,996
3,193,455
$570,690 .,$7,036,968
255,609
3,083,819
$330,224
189,082
deductions
other
&
Int.
$578,033
247,809
—
$2,762,999 $12,777,694 $13,169,126
' X'V*'/
v/ '// '•■"/ ///r ' ■
$2,752,512
—
——
etc.,
taxes
Gross income
$2,733,664
18,848
subsidS-
Income-^-From
$2,736,959
1945—12 Mos.—1944
$2,754,220 $12,721,748 $13,140,077
8,779
55.946
29,049.
1945—3 Mos.—1944
Period End. Mar. 31—
1945—Month—1944
1945—12 Mos.—1944
$2,534,133 $32,611,377 $31,498,568
v
_
—
$87,951; unexpired - insurance and other
$27,960,791.
I:
,;l:.
X
Liabilities—Accounts payable and accrued liabilities, $1,118,785; ad¬
vances under agency arrangements, $910,369; Federal income and ex¬
cess; profits
taxes,' estimated, $1,384,895; 'reserve for cargo claims,'
$10,000;
reserve for contingencies,
$580,000; reserve for insurance,<
$1,150,000;. reserve for vessel replacement' (excess of complete or
partial recoveries on,,ships lost over depreciated cost), $11,538,915;
capital stock ($10 par), $4,200,000; earned surplus, $7,067,827; total/,
$27,960,791.—v; 161. P., 2105.X///l/l//// 1///;
tory of steamer equipment,
deferred Items, $1,965; total,
Only)
Income (Company
Comparative Statement of
Co.—Earnings—';
Alabama Power
Monday, August 6, 194S
CHRONICLE
Cash
Accrued
(other)
receivable
Accounts
'
x_*_.
1,098
.
,
:.
/'/ 1,0851
'
Net income
Earns,
--
_
$0.66'
sh
com.
per
1
by $52,896.
1944
stock of associated company, Utility Equities Corp.— : .
Cash divs. on stocks of other corps.
Interest earned on bonds--T—;—---
;':':X/>/
Assets—
-,•//.
U.
tax rtoteS——„„———————
.
,
———
Total
/'•■'•///V' ;'•/.■
payable and accruals—
.—
$6,004,374
Accounts
4,048,499
2,007,810
9,800,000
12,886,225
7,074,313
10,864,932
—Jstock
Common
-
stock
-—
_
—
(796,406 shares)—————
Capital surplus
Earned surplus
—
'.
Total
taxes——
Period pnd. Mar.
Subsidiaries—
come
.
Prop, retire, res. upprop.
Net
oper.
in
C. A.
to
amounted
1944,
$151,295
:
(net)—_
income
interest
otter
and
—
$5,313,540
88,523
$5,057,280 $19,883,452 $18,266,884
165,121
689,192
883,062
$4,866,504
Balance
•Pfd.
divs.
Balance!
Exchange;,
542,233
535,559
—
x_—!■_> $4,338,323
adjusts,
working capital
538,789
1*7,090
2,157,679
$4,141,379 $16,335,900 $14,879,556
-./;/■/
.on,.
(net)
2,121,743
.-.105.476-
6,916
83,823
Balance
———$4,331,233
to mi- *
applic.
140,284
interests
r.ority
equity of co. in
income of subs.— —
$4,089,157 $16,342,816 $14,963,379.
^
: ;
503,117
123,799
Net
478,005
■
$4,190,949
$3,965,353 $15,834,699 $14,485,374
American & Foreign
Federal income and
taxes——!——
for
tProvision
profits
excess
Net
profit
___•
Earned surplus;
Total
Jan. 1—1
Earns,
.
1,186.000
$589,087
$725,060
Other
18,843
$3,965,358 $15,834,699 $14,485,374
8,779
.
.
55,946
29,049
$4,209,797
$3,974,137 $15,890,645 $14,514,423
$4,190,949
income—
Total
taxes
Int.
to
•Full
723,353
2,626,125
2,243,327
1
944,521
3,488,127
4;480,842
$2,623,255
$.2,306,263
$9,776,393
$7,785,254
& amort.
and exp.
Balance
whether
712,854
868,683
V
J——
pi'blie
of debt disct.
dividend
earned
or
requirements
unearned.
applicable
to
the
respective
periods
it
reasons
is
not
always
outstanding
the
of
sinking fund
5%
and
67*
Bonds—/
bonds.
debenture
1951, have been called for redemption on Sept, 1,
103 and interest.
Payment will be made at the State Street
at
•
1945,.;/
l,
Co., trustee,
Trust
State Street, Boston, Mass. ../,/'/•*•
be received at any time of the full redemp¬
Immediate payment may
x.
together with accrued interest to Sept. 1, 1945, upon presen-'
tation and surrender of said bonds.—V. 158, p. 2462.
'/ :■/
X—
tion
price,
Telephone
American
Deal—
■
■
.
Co.—Completes^
Telegraph
&
'
*
■
in the flotation of $175,000,000 35-year V
2%.% debentures, Morgan Stanley & Co., representing the 102 under- 1.
writers who participated in the new financing, on Aug. 1 tendered pay-»
ment to Donald R. Belcher, Treasurer of the company, by .102 checks. '
in
the amount of $165,479,825 representing the balance due on
the
subscription price. » Payment was made at a meeting held at Central"
Hanover -Bank
& Trust Co., at 70 Broadway, New York City, thetrustee of the issue.
The bank is also the trustee for the 314% de-.
bentures which will be retired at 105 next Oct. 1.
»
:
, r;
Representing the largest issue ever sold at competitive bidding/ ,
the 23A?idebentures were purchased by a nation-wide group on, ;
July 23. and were reoffered and sold in less than two hours.
The
winning bid was 99.5599 and the public offering price was par."
' '/
Marking
final
the
step
,;V
3%% Debentures on Oct, 1—
has called for redemption on Oct. 1, next, all of its
outstanding 25-year 3V4%
debentures due Oct. 1, 1961, at 105 and
interest.
Payment will be made at office of the Treasurer 6f thi3
company, 195 Broadway/ New York, N. ;Y.—V. 162, p., 450.
?■./ /,'
The
$7,954,561
630,000
surplus, June 30—1—
$7,067,827
$7,083,902
$7,316,011
company
X—_1__
1
7.075
630,225
—
over
value
par
of
purchased—1—1
:
638,550
$1.40
$1.70
of $69,298 in 1945, $100,593 in 1944, and'
post-war refunds of $27,000 in 1945, $32,000
share of capital stock—
depreciation
tAfter
and $100,000 for
1943.
$1.31
;
.
/
-
-
l
•
American Water Works &
Power
Balance Sheet,
Consolidated
V.
162, p.
;
June 30, J945
hand, $5,558,814; obligations of the
United States and its instrumentalities, at cost,, less amortization of,
Assets-—Cash
in
banks
and
on
premiums, $3,989,928: accounts receivable, United States Government
(less reserve), $1,348,990; miscellaneous accounts-receivable and claims,,
$483,610;
inventory of merchandise and supplies/at cost, $25,178;!
investments in stocks of other companies, at of below cost, $2,423,064;'
estimated, $645,500; estimated,
refund of Federal taxes for prior years under carryback provisions of
Internal Revenue Code, $22,200;
mixed claims awards, aggregating
$2,397,698, less reserve, $1; assets allocated to insurance fund (cash
in
banks,
$73,856; obligations
of the United States at
cost, less
refund
of excess
of
premiums,
vessel requisitioned as to'title,
the United States Government,
$2,834; vessels (after reserve for depreciation of $5,887,821), $103 961;
shore plant (after reserve for depreciation of $325,112), $74,752; in'ven$12,042,043: cost less depreciation of
for which compensation is due from
of this company for the week
kwh., an increase* of 6%■'over
corresponding week of 1944.—: '
..///I
451.
»*
Arizona Power Corp.—Earnings—
6 Months Ended June
:,// 1945
30—
$389,800
Net
Other
operating
income,
Net
income
fund
•Restated
226,453,,
$121,193
939
$122,123
21,825
requirement,-,
$96,639
113,911
;
25,484
$113,911
deductions——
for
*1944
$347,646.
1,894
—
96,639
comparative purposes.
Note—Sinking fund requirements are appropriated from net income
the extent available and are a prior charge to the declaration and
payment—any
dividends.
It
is
estimated
that the sinking fund
)requirf?ments for the year 1945 will be $127,673.
(2)
No
\tax.—V.
provision
162,
p.
is considered necessary for
130.
.
>
,$135,736
net
income
Sinking
to
$133,842
revenues,——
income
Gross
Total
255,958
»
,
.
Operating X revenues,x_lx_—,--u_ll—__1,__1—
Total operating revenue reductions-,,
profits tax,
$1,076,144), $1,150,000,- vessel replacement
bgnks to the credit of United States Maritime
Commission and American-Hawaiian Steamship Co, joint account (cash
in banks, $662,632; obligations of the United States and its instru¬
mentalities,
at
cost,
less amortization of
premiums, $11,379,411),
amortization
Electric Co., Inc.—Output-
output of the electric properties
ending July 28, 1945, totaled 88,230,000
the output of 83,199,200 kwh. for the
fund assets, deposited in
Exps., etc., charges, inch
mechanical
s
I To Redeem
7,132,115 X, 7,229,501
7,148,928
^7,721,202
per
1944.
( 568.000
$7,697,827
cost
/"Including
for
539,000
$548,899
-.
—
surplus
of
Earned
$1,911,060.
.
company's stock
Dividend
paid
post-war
Power Co., Inc.—
fret equity (as above)—•
$18,410,635 $18,811,168
March
due
(
Portion
1,000,000
8,298,036
•
,
$1,087,899 ; $1,157,087
profit
$141,550 in 1943,"
...
752,225
$1,022,285 $1,655,925'
134.802 X . 2S5tl35
X.'. $982,423
$4,680,168 $18,457,648 $17,037,235
528,181
public
tp
2,112,711
2,114,996
$4,852,895
3,196,970(
profit
Total
Excess
'
$2,219,613
1,197,328
Other credits
$5,222,401'$20,572,644 $19,149^946
deductions
1943
$2,216,607
1,234,184
—
"
Net
Subs.)—Earns.
1944
—-—
revenue —
expenses —
'
public
to
•Operating
21,775.
$5,402,063
income—
income
Cross
Net
6,017,167
16,860
3.107
361
Operating
.
.
$74,078,928
49,773,102
of plants
<net)
Other
-
■
$5,060,387 $19,900,312 $18,288,659
$5,313,901
Operating
1945—12 Mos.—1944
,l_
———————
2,531,186
7,606,226
American Locker Co., Inc.—Calls Debenture
All
,
1945
-
1,000,000
2,531,186
;
to arrange companies in exact alphabetical
However, they are always as near alphabetical
position as possible.
//,//;/■
/
1945
:
Ended June 30—
1,900,000.
—„•
NOTE*—For
$989,241: accounts receivable for securities
sold, not delivered, $542,057; accounts and dividends receivable and
interest accrued. $29,098; general market securities, at market quota¬
tions,. $16,632,262; investments in securities of subsidiary companies,
$12,632,422; total, $30,625,081.
•
Liabilities—Accounts payable for securities purchased, not received,
$66,420; accounts payable, accrued expenses and taxes, $55,528; reserve
for Federal income taxes, $21,293; notes payable to banks, $2,000,000;
capital stock. $297,133; surplus, $19,355,478; unrealized appreciation,'
$9,029,229; total, $30,825,081.—V. 162, p. 450.
X
>
■
6 Months
Co.
/
1990.
p.
order.
;
.
Sheet, June 30,
Express
possible
banks,
in
Assets—Cash
15,235
5,750~Oo5
Co
—
161,
$8,521
26,616
6,550,000
ended June 30,:
$404,492.
Balance
Total
/•
—•
___/
stock
surplus
I
*
securities for the six months
Trust
surplus
Earned
Co.—__1
Trust
loan—Adams
■
Capital
$255,101;
tNet in¬
Oil Co. of,
'
*
profit on sale of
The net
9,800,000
12,886,225
7,074,313
10,371,494
$20,370,747 $18,723,765 $79,363,581
13,641,995
12,345,182 53,327,540
1,414,851
1,318,196
6,135,729
-revenues
Rent for lease
4 Vi %
-V.
$140,797
income over expenses-
pay.
3'/4 % ' loan—Bankers
4,554
effect to results of security transactions.
connection with a former agreement with Pantepec
Venezuela,
Co., Inc. (& Subs.)—Earns.
■/'
„_
taxes-
accts.
$4,797
unclaimed matured int.
and accrued taxes and exps.
loan—Bankers
3%
...
,,
interest,
10,404
.
giving
♦Without
$52,685,153 $51,099,655
1945—3 Mos.—1944
31—
revenues
Oper. exps., incl.
Other
+101,428
9,000
3,667
—
(•
incl.
~
—J—
——
—
Accrued
$349,684
. 46,773
' v 22,8c2
$235,105
45,662
20,012
18,137
American-Hawaiian Steamship Co. (&
American & Foreign Power
Operating
$17,824
219,139
11,293
'
'
—v.; 161, p. 2654.
Total.
Liabilities—'
■
4,480
18,603
6,994
;
bank indebtedness
•Excess of
4,033,715
2,007,810
and excess profits taxes—
PIeferred
5'/4f/o
expenses
Interest on
X
$4,926,098
U. S. income
—.——
Capital stock and sundry
Federal income taxes
;
«;
Reserves
g
1943
"
—
;
—
$52,685,153 $51,099,655
—
Liabilities—
'
Corporate
$5,065,433
4,523,249
7,559,631
11,020,265
1,312,775
540,766
125,387
.■/x/v/
389,515
2,465,7.46
18,096,887
.
—
.
191,448
12,277
$230,590
51,530
income
Management expenses
Dec. 31/44
June 30,'45
;___—
1
——
Treasury
S.
$24,083
206,543
$26,865
income
Total
■
$6,003,093
6,237,307
Receivables (less reserve)—,
—.
—
8,219,449
Inventories
:—
—i
10,062,253
Post-war excess profits tax refund—______1,440,775
Deferred charges
——
—
325,962
Other assets
140,849
Investments:
:■
;
Subsidiaries not consolidated———
389,515
Other companies
——
2,242,089
Pixed assets (less reserves)
1—-— 17,624,862
Cash
Net
on
Common
.-.V •" t.
///:/
Comparative Balance Sheet
...
Months Ended June 30
1945
1944 t; :
'
'
'
div.
Cash
for
income
of
statement
"The
Income Statement. 6
,s
{
1944 does not include the operations
of National Bearings Metals Corp. or Magnetic Signal Co.- which were-'
not consolidated during that period.
Company's equity in the income
of these subsidiaries exceeded the dividends received from them during
the second quarter of 1944 by $27,559 and
during the six months of
'
$18,410,635 $18,811,163
Federal excess profit*
■
yolume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
Arkansas-Missouri Power Corp.—-SEC Approves Bid-
Bangor & Aroostook RR.—Selected Income Items-
Bonds to Be Placed Privately—The SEC on July 26 ap¬
Period End. May 31—
Net
proved the bid of 102.17449 submitted by Dick & Merle-
Other
Smith for the issue of
$2,000,000 of first mortgage bonds,
ZVs%, due Dec. 1, 1974. The brokers were act¬
agents for the John Hancock Mutual Life Insur¬
ing
as
The
net
funds of
301.895;
Inc.,
98.70,
deducts,
from
avail,
for
226,004
3,069
$65,798
$448,697
$575,256
and
tures
,
Expends,
of first mortgage
been called lor redemption on
jreddy
trust
Continental
451.
33.
Illinois
series E;
bonds,
fuhd
Bank
National
Trust
&
Chicago.—V.
of
Co.
f
Loans
dividends of
paid
161, p.. 2654.
(
Federal
and
cents
25
-
,
share each
per
"
■
.
Associated
and
Gas
Electric
&
Corp.
after
company
Audited
entitled
■
to
of
and
vote,
affirmatively.
amount holders. of $126,569,453
has been approved by the court and
The claim
—V.
Electric Corp.
Gas &
report that the
«,467,833 kwh., or 5%.—V.
162, p. 451.
>
(Includes Gulf/ Colorado & Santa Pe Ry. and
*::
,
1945—Month—1944
"PeriodEnd.June30—
Hailway
oper.
revenues
oper.
expenses
1945—6Mos.—1944
44,999,810 282,087,890 245,415,399
25,226,873 165,641,438 144,039,180
14,805,476
83,244,956
75,260,816
52,652,566
Itailway
29,089,854
16,256,762
■
1,287,261
-
"^Railway
,
Other
accruals.
tax
debits
Govt,
,
,
—-
*
405,783
to
value
asset
net
taxes
1,921,397
161,972
.
ry.
income
oper.
and
excess
the
six
months
income
t
profits
and
includes
1945,
-
,
ended
profits
with
compared
taxes
.
Plans
for
July
the
Santa
Fe's
that he
nounced
Interstate
the
Statement,
sales.—l—
on
other
income
into
entrance
the
meeting,
St.
Louis
G.
Mr.
Commerce
Commission
Gurley stated that
and
Adj.
to*
take
the plans now being
other
steps
considered
described.
jroute
Report—
V
-
fulfill
*
by
years
the
of
a
direct Santa
Fe
line
into
3Net
from
from
Net ry.
railway—'.
Net
from
ry.
—V.
RR.—Earnings—
1944
railway
$458,846
$553,342
147,852
115.966
54,862
50,041
58,629
4,624,715
451.
3,829,553
3,765,365
1,192,981
795,769
1.308,664
531,647
268,234
205,638
487,790
liquidation,
directors
on
July
-
declared
dividend
a
/
,
Earnings
June—
Cross
Net
1945
from
INetT from
■
for June and
,
ry.
railway—
railway
:
oper,
From Jan.
Cross
from
income—
;
„
*
>
of
$2.50
share
per
on
for
Prov.
Year to
Date
"
'
1942
$492,213
178.565
$643,614
221,881
$339,643
159,257
44,771
66,900
33,016
,
railway.—
2,738,998
2,823,586
2,585,434
1,719,509
882,265
185,879
1,087,932
1,184,651
250,970
E.
194,386
pany
r
was
Net
ry.
162.
1945—Month—1944
income-
$645,105
$1,263,262
,
1945—6
The
$5,124,681
$8,634,238
3.
company
Jan.
of
l,
has
the
Harris
Trust
&
111.—V.
148,
p.
at
100
for
redemption
fund,
called
sinking
$148,000
and
Savings Bank,
Interest.-
trustee,
3836.
on
Sept.
1,
11/0,252
103,901
224 686
•
102,581
Dana
offices:
135
47,984,442
1,137,479
1,381,131
—
811,379
———
10,336,990
9,874,372
13,568,089
29,711,682
28,575,909
32,223,843
income—
21,670,000
20,880,000
25,490,000
period—***
8,041,682
7,695,909
6,733,843
$2.15
$2.03
taxes
on
the
share,***.—
Grace, President, states:
;
.
,$1.71
'->.;*
/■
•
.
1944.
Current
the
steel
production is approximately 97%
time
first
dropped,
due
during
to
the
Bethlehem's
war,
cancellation
of
Government
of capacity.
for steel
orders
contracts
for
steel
next,
through
orders
of
has
162,
p.
common
was
*
the
Erie
Bolt
Barium
&
of
Nut
30
announced
employee has
the
and
reduced
of
new
that
been
benefits
the
of
not
Erie,
this
schedule,
Only
said
;
in
claims.
to
survivors
and
have
been
More
of
accident
than
paid.—V.
200
deceased
claims
162,
in
p.
years
of
San
and
reflect
Pa.,
p.
materials
comment
to
available,
were
Bethlehem's
on
Los Angeles
bought
a
and Seattle,
the other at
the
20%
its
"When
position
of
life
while
Los
Pacific Coast
insurance
Coast
the
on
the
two
and
Pacific
Pacific
Coast,
the
generally
'
fabricating
units
the
coast
company's'in¬
(current
Co.
capacity
be
in
Portland
situation
either
and
existing
Geneva
cheaper
Seattle,
in the East4 to
than
they
of
four
be
to
the
has
Geneva
and
or
is
it
why
we' are
not
to
easy
We
Fontana.
see
have
our
can
makes them.
Pacific
Coast
put
prices
He
will
on
the
Pacific
pointed out
be
made
shipping
ry.
oper.
640,839
income—
162, p. 130.
.
3,347,582
964,906
615,520
1,219,002
■■:*.■■•*.■■
1,758,285
in normal
the
The Venore,
tons capacity,
Baltimore July 23
the end of
before
Details
on
employment
in
and
eastern
the first
a
to Chile.
The
this
year,
and
the
second
quarter,
follow:
:
.
with
:* .•'■
;■
.
1945
comparisons
'
„,
,
2d Quar.,
1st Quar.,
1945
^
2d Quar.,
.
19441
$
1—
4,902,765
2,389,584
the
will
>
with Chile.
•
6,932,248
on
Coast
that
from
plants
own
the products down
make them in our own plant there."
we
Bethlehem's
resumed
ships of 25,000
from
finished
199,968
4,110,632
be
-
both
speed of 16 to 18 knots»
second, the Chilore, Will
two more are scheduled
to come off the ways next year.
Mr. Grace expects that other ships
of this type will be built later.
He added that each vessel will carry
twice as much ore a year as the older ships could.
The mines-in
Chile continue to operate and stored the ore.
»
sailed
1942.
5,755,989
3,024,529
caft
That applies to
292,830
108,943
can
that
competition
deliveries
Bethlehem
$592,441
97,857
Point we had In mind serving
the Gulf Coast, the Pa¬
plants in Bethlehem's own ships.
347.'
35,728
*
we
added
Grace
whatever
times
and more than* 6.500 sick¬
$500,000 in weekly benefits
1943
Net
at
500,008
seaboard,
deliver products made
can
the West Coast.
on
cheaper than
Mr.
than $1,000,000 has been
totaling $575,000, have been
424,922
railway,—
railway,—
San
one
.
that
interested
We
built, have ample capacity, and
$840,825
Jan.
Coast
at
the four major points of consumption—San Fran¬
in
Angeles,
Los
"With
for
the cost to
1944
from
not
Angeles.
Steel
markets—the eastern
and export.
Fontana.
*
of
Coast
made
the com¬
413,823
from
six
did
he
Mr. Grace said:
on
started developing Sparrows
we
specific
cific
Employees
workers,
$861,525
From
added
next
Bethlehem makes the structurals.
and some bars.
cisco,
1945
Gross
but
quarter
Mr. Grace
the
since
the Pacific
240,821
income
second
15 years ago and we have modernized and expanded the
then and expect to make further extensions as the
year)
four
3.
$726,034
oper.
the
within
"In addition we are supplemented by production in the East, pri¬
marily at Sparrows Point, Md., with a capacity of over 4,000,000 tons.
products which are in important consumption,
on the West Coast except one,
and that-one is made at Bethlehem, *
/."Sparrows Point makes plates; tin plate, sheets, pipe, wire products
of
"
ry.
cancella¬
That plant makes all the
any
control
railway—
from
in
this
of
have
Francisco and
tons
from" railway——
Net
—V.
labor
Francisco,
Beaumont Sour Lake & Western Ry.—Earnings—
June—
remainder
no
is authorized for future use.
$20.00Q,000
use
the Geneva and For.tana plants,
three steel-making plants
on
"We
more
claims,
if
to
construction
in
spent
was
like
would
Asked
and
The earnings
Duluth, Minn.,
head
employees,
excess
The
There have been
/
,
think it possible to reach such a goal.
retirement
ness
$3,OGO,000
he
months
year./
25 %.
Welch,
Ray
for
amount
increased
approximately
cancellations.
of
because
steel business.
new
and approximately $80,000,000
;
1942
the Clyde Iron Works Inc. of
by Barium in August, 1944.—V. 162,
insurance
ordnance
shipbuilding.
5,077,000 tons three months earlier.
tLoss.
does
of
life
30, last, amounted to $995,the end of March.
Gf the
at
V
June 30, last, unfilled steel orders totaled 4,125,000 tons, 'against
On
,
1943
1945
Co,
22
June
on
$1,194,000,000
opportunity warrants.
of contracts.
June
and
steel
properties
1944
months
with
bookings of
,
> ' 1945
of
group
in
in
tions in
stock (pa"r $50); $3,000,000;
.
Bethlehem
of
"We
3."
six
been
compared
nearly $200,000,000, Mr, Grace said that $100,000,000 was
due to the completion of shipyard work and approxibately $60,000,000
Sic? *>fu;
$469,347
$1,045,617
000,000,
on
first
paid
Net
of general mortgage bonds
Payment will be made at the
115 West Monroe St., Chicago,
directors
181,241,000 199,780,000
pavroi]
21!4,715,000
237,370
267,928
46.9
45.2
;mSrs"*r
Average hours per
—V.
162,
p.
week*..*—_
227^6
,
**•»
-
452.
2-9570.
Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news; and advertising ^ue)
a statistical
r
La Salle St., Chicago % 111.
(Telephone: State 0613); 1 Drapers* Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1945 by
as second-class
matter February 25, 1942, at the
post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and
per
£^™aU$27'50
year: South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except- Spain), Asia, Australia and Africa,
NOTE; On account of the fluctuations
in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York iimos.
s.
1944
v
39,587,760
:
based
for
per
Th« Commercial and Financial Chronicle
(Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor
William
!
deplet.. and deprec.
other 'than deprec.
taxes
Unfilled
82,957
realizable
the
July
on
Gross
1956,
and
for
paid
Mos.—1944^
Bamberger RR. Co.—Partial Redemption—
due
G.
was
acquired
insured
Under
Net
operation
117,014
587,706
During the past nine and half
—
oper.
:
1945
,
'
2d Quar.,
ordnance, it was disclosed by Eugene G. Grace, after the meeting
July 26 at which the regular dividends on the common
and preferred stocks were declared.
of
department, announced, each of some 9,500
employees participating in the progrem will be insured for one and
a
half, years'
earnings at a .cost of only 10 cents a week for each
$1,500 coverage.
1
revenues
p.
of
$487,746
5,166
banks
results
was
———
*—V.
'
of
———
income
have
'
acquired "by
the
surance
232,153
$11,387,739 $12,814,988 $78,099,439 $82,154,435
expenses
8,761,493
7,676,698
52,438,576
45,583,638
Taxes
1,700,000
3,500,000
17,600,000
25,000,000
Equip. & jt. facil. rents
281,141
375,028
2,966,182 - 2,936,559
.
^ 1942
$799,451
183,821
estimated
results
Liberalizing
:
Period End. June 30—
"
>
$1,750,336
Bausch & Lomb Optical Co.—Insurance for
637,551
Operating
Operating
1st Quar.,
:
with
follow:
1944,
1,126,022
charges——
income
on
Earnings
'
1943
each
from
Quar.,
1945
dismantlement
or
for
for
Net
$187,117
,
income
which
Atlantic Coast Line RR.—Earnings*
2d
-
its
and
comparing
1945,
quarter of
41,174,694
other
assets
based
300,629
Income taxes and
renegotiation
the
insured
ry,
of
quarter
398,603,390 382,261,664 471,368,482
sale
hocoH
-—.
$531,492/1 $159,647^/ t$24,350
$101,617
depreciation, amortization, etc., but before provision for Fed¬
After
include
1 to holders of record July 25.
railway
oper. Income—
162, p. 242.
Net
Net
—V.
of
v
1—
of corporation
operations
second
certain
equipment
provided
through charge to oper. exp._/
on
*Net profit
eral
1944
$425,372
132,923
29,026
-
:
335,829
,
which
17
30
1943
$463,622
623,812
—-
6 Mos. Ended June 30—
/■'";kfv-/'■■
the capital stock, par $100, payable Aug.
.
and
second
and the
NeT^nTome* beforeSDrov ° for
Barium Steel Corp.—Earnings—
The
The
June
values.
$18,643,950.—V.
r
171,061
r
Ended
495,000
total,
2,563,712
-
Atlanta & West Point RR.—Pays $2.50 Dividend—
v
the
1945
(incl. " amort.)
surplus, $7,237,891; operating deficit, $2,379,849; participating
preferred stock held in treasury (37,013 shares, at cost), £>'*$1,047,732;
1942
8,283
railway—:income—
p.
Corp.—Report for Second Quarter—
businesses
,
Provision
capital
1943
$615,243
122,477
income
oper.
162,
1.579,684
(Ingots and castings) ,-averaged approximately 98.2%
of .capa.city during the.second quarter oM945 as compared with 98.3%
during the first quarter of 1945 and 103.0: during the second quarter
1944
ferred stock (par
$50), $10,000,000;
1—
from
Cross
Net
162, p. 451.
8789,992
181,521
railway—
oper.
From Jan.
.
Louis.—V.
St.
1945
June—
Cross
the
companies for
and
on
fixed
hand, $1,256,524; deposits in banks
value, $80,850; due from brokers
and accounts
receivable/$84,185; deposits made under offers to pur¬
chase, $17,000; accrued interest receivable, $36,217; loans receivable,
$1,043,110; participation in underwriting account. $20,000; investments,
$15,990,466; deferred charges, $115,598; total, $18,643,950..
Liabilities—Dividend
payable
on
participating
preferred
stock,
$407,468; deposit received under sales agreement, $35,000; escrow funds
held, $97,502; due to brokers and others. $15,721; reserve for taxes,
net of $100,000 U. S.
Treasury-savings notes, series C, $668,114; reserve
for expenses,$30,747; deferred income, $579,087; participating pre¬
Louis, expressed over a long period of
of the city, Chamber of Commerce and civic
Atlanta Birmingham & Coast
■
expenses
Assets—Cash, in
in
St.
representatives
Readers for
3,156,218
193,635
Steel pioduction
$1,126,524 r
$1,682,283
,
desire
490,992
1,695,840
t
.
income
Loss
Statement of Financial Condition at June 30, 1943
proposal has been endorsed by representatives of the City of
Louis as being in the interest of St. Louis and, if consummated,
will
9,530,534
•
Interest
731,037
/;
neces¬
The
:St.
211,701
8,107,467
958,962
Steel
of
first quarter of
Total
$2;361,105
of security
contemplate
Fe's entrance into St. Louis via. the existdng lines of the Alton between Kansas City and Mexico, Mo.r and
of the Burlington from Mexico to St. Louis.
The plans contemplate
•through joint operations by the Burlington and Santa Fe over the
'
633,801
8,576,479
Jr
decrease
(bringing about the Santa
.'
693,979
8,987,706
1,470,989
•
railway*income—
results
For
./
Taxes
Chicago
Gurley,
President, an¬
authorized to file the necessary applications with
was
6 Months
$1,630,068
income
Operating
considered
were
meeting held in
a
Fred
1942-
$2,412,905
1,395,918
446,398
$2,048,329
936,894'
and
•Total
to consummate the plans.
sary
i
Following
26.
1943
1944
$2,261,676
.
Int., divs., commis. and
Entry Into St. Louis Approved—
«on
243.
1,463,627
-
'
appreciation,
1945
Profit
*
,Jby that company's board of directors at
of the National
p.
RR.—Earnings—
1945
oper.
,
per share, or a total-of $128.15 per share;, and
liquidating value of 60,000 shares of the outstanding
stock is $60 paid in, plus accumulated unpaid dividends of
$42.75 per share, as of June 30, 1945, and two-fifths of the remaining
surplus, amounting to $74.07 per share, or a total of $176.82 per share.
Federal income
$62,579,170
162,
indicated
Income
and for
Federal
in 1944.
$0.70
737,252
533,455
railway
amounting to $40.90
24,793,122
30,471,732
$13,988,000
compared with $12,666,000 In 1944,
June
30," 1945/ includes $70,026,000
taxes
excess
4,561,678
6,018,689
jvv; °For the month of June,
'
the
30,703
~
Net
$0.95
31,322
director.—V.
a
$2,083,721
171,904
112,726"
the
of
unrealized
on
$169;08ft
Corp.—New Director-
has been elected
Bethlehem
common
1,322,281
2,729,764
indicated
381,000
capital stock———
162, p. 4.
The
$3,515,046
2,823,330
v
•
ry.
subsidiary
credits—„—
-
117,981
558,000
-
.***
*
oper: income
Net
Govt.
taxes*'—
—*
railway—
from
from
—V.
providing an estimated amount of $5,700,000 for such taxes, the indicated liquidating value of
162,987 shares of the participating preferred stock of .the corporation outstanding, on June 30, 1945, is $60
per share paid in, plus accumulated unpaid dividends as cf June 30,
1945, of $27.25 per share, and three-fifths of the remaining surplus,
the
--
.
S.
451.
p.
sideration
''
Panhandle & Santa Fe Ry.)
(
U.
S.
—129,449
-
—
railway
Net
2,093,301
11,494
$5,396,318
liability—U.
1944
$5,422,840
699,392
918,716
1
—
From Jan. 1—•:
-227,717
95,700
33,662
—1_
80
$231,267
„
(est.)
%
from
from
Gross
corporation; before giving conis shown to be $37,/ 195,519, based on market value of assets, or, in the absence of market
value, on fair value as determined by the board of directors.
After
Atchison, Topeka & Santa Fe Ry.—Earnings—
*,
than
161,
The
'
j
217,862
—
%
tax
10,135
2,6.00
95,700
2,985,302
:•*_
Gross
23,543
2,875
—„^
unadjusted
Neb ry:
—
liabilities——,
accrued
364,157
12,075
——
.
depreciation.
JUne—r->
Net
66,058
-
.*_***
Bessemer & Lake Erie
v
40,000
359,197-
__*—,*.
liabilities
$4,912,873
686,399
Bankers Securities Corp.—Semi-Annual
output of the Associated Gas & Electric group for the week
July 27, 1945, amounted to 136,470,204 kwh., an increase of
.
•
for
for Federal taxes
Bell Aircraft
'
.
accrued
before depreciation
Aviation Corp.,
76,000
payable
liability".
common
161, p. 2655.
1,623,587
payable
wages
June
Elided
Months
Net billings
Associated
the
of
interest
of
Other
Other
Weekly Output—
trustees
and
Six
Frederick F. Robinson of New York, N. Y., President
1,112
months—
six
of
shares
$5,867,353
Earnings per share of
—V.
7,264
-
within
taxes-—2—
■t;
24,154
of
offering plus adjustments under
awaiting President Truman's signa¬
billed
Net income
1,182,854
714,574
$6,836,214
accounts
current
Analysis
this
'
ended
1,298,609
*
current
Toial
*:
the
512,223
*
service balances-rCr——_,*_**«
car
•
279,593
:—
—
Unmatured. dividends- declared—'*—
Accrued tax
Other
offering
of
now
Provision for contingencies
5,000
121T46
625,286
-
'
)the SEC,1
'
128,561
;„
assets
accounts
Unmatured
:•
1945,
1,350,000
-
receivable-—:-^—
**
debt, maturing
Miscellaneous
trus-
reported that holders of approximately 98% of the •, Associated
System's securities had approved the plan of reorganization. '4 Holders
«f a total of $128,020,501 face amount of securities and general claims
; electric
$1,446,266
145,401
sales
Provision
463,037
agents and cond.__
.Interest matured unpaid■I Dividends matured unpaids:
Leibell has set Aug. 9 for the hearing to
plan for Associated Gas .&
Judge Vincent-L.
Co.
current
i Traffic.and.
V
Proceeds
1945
1,665,000
__/*_—
receivable——
dividends
161,
Co.—Stock Subscribed—
stock
recent
Tax Law of
Net income
$1,015
supplies-——.
and
Funded
the
subscribed.
was
Earnings
481,267
receivable—*
accounts
Materials and
Interest
$2,356,000.—V,
of
'
ture, will increase working capital $490,000.
The stock was ofiered to
stockholders at par ($10) (see V. 161, p. 2655).
Net
*
/_**
Other current assets.:
•ifcfees
The
betterm'ts
investments————
bills
"
;
•
■voted
cash
Miscellaneous
consider confirmation "of "the reorganization
were
1944
of
the Interim
.
Liabilities—
Previously
quarter.—
-
Associated Gas & Electric Co.—Hearing Set—
(Electric
191,400
&
Net balance .receivable from
cents per share on the
declared a-dividend-of 35
stock, payable Sept. l to holders of record Aug. TO.*
company
y.
-
191,400
"
The directors have
tthe
-
95,700
companies
unadjusted debits—J
Total
t common
98%
stock
$49,957
Temporary
*
1942
of
404,160
Special deposits
162,
:.r.
Over
874,559
Provision
Associated Dry Goods Corp.—Increases Dividend—
.(
i._
.
$2,966,198
due Sept.
period
same
BeMen Manufacturing
194,926
20,925
1,263,176
.
1, 1964, are
for delivery in exchange for temporary bonds, at its corporate
department, 11 Broad Street, New York, N. Y., and at The
sinking
196,138
••
■*
43,822
(road)
affiliated
Other
v
3y4%
38,980
•/■'
(gross)
in
'
;
$2.92
include Federal normal and sur¬
'
95,700
for addit.
the
•
13,500
for addit. &' betterm'ts (equip.)
stockss, bonds, etc., other than those
Expds.
Invest,
:<»;
20-year
(gross)
for
taxes
1991.
p.
Balance Sheet Items, May 31
does not include any of the $350,000
'
on
1
$3.03
$2.90
$2.44
,
of
1945
a'pprop.
of
,
<
•:
Assets—•
Armour & Co. (111.)—Definitive Bonds Ready—
The Chase National Bank announces that' definitive first mortgage
V
pfd. stk. '
bonds.
(bonds, series A, which had previously
July 23, 1945.—V. 162. p. 347.
'
taxes.—
Div.
,
'
I
39,165
:-V 14,563
projects.
$1,275,619
'/,'"
.•
"
equip.)—*
def.
of
vv:
Federal income
said
;
!
.
excess
similar
chgs.__
Deprec. (way and struc¬
outstanding first mortgage 4%
of
$1,069,129
stock
com.
$20)
1942
.?
$1,267,403 t$l,325,028
"
437,-
on
.
1943
1944
$540,000 In 1945, $540,000 in 1944 and $600,000 in 1943 and
profits taxes of $1,600,000 in 1945, $2,690,000 in 1944 and $2,005,000 in 1943, a total of $2,140,000 in 1945, $3,230,000 in 1944 and
$2,605,000 in 1943, based bn the Revenue Act, which compares with
3,376
$20,302
—*—„
Inc. after fxd.
-
The above call
taxes
662
bonds, series A, due June X,
1965, have been called for redemption on Aug. 30, next, at 104% and
interest.
Payment will be made at the Continental Illinois National
Bank & Trust Co., corporate trustee, 231 So. LaSalle St., Chicago, 111.
Immediate payment of the full redemption price, together with accrued
Interest to Aug., 30, 1945, will be made at any time upon presentation
■i
238,091
(par
Co.,
&
shs.
(& Subs.)- -Earnings—
1945
estim.
-*—'
sh.
per
524
fixed
47,147
Peabody
Kidder,
were:.
Amort,
surrender
$816,723
$66,077
■
618
issue
-
©nd
$677,770
93
45,157
Calls Bonds—
..
1,963
25
inc.
Interest deductions—**
charges
'
'
2,979
$113,700
Other deductions——
the
for
rate.
All of the
16,397
$66,102
after
taxes'*
Fed.
$818,686
2,573
profit
tThe estimated taxes for the period
Inc..
Stuart" & Co., Inc., 100.578; Harriman Ripley & Co.,
and Blyth & Co., Inc., 98.578, all for a 2Vb7o
coupon
Halsey,
income—___
1965 at 104%%■• and interest.
submitted
bids
19,358
$680,749
$113,607
2,992
•
the sale of the bonds together with general
will be used to redeem $2,000.000 outstanding first
company
Other
Misc.
proceeds from
^mortgage bonds, series A, 4%, due June 1,
*
Total
not be reoffered.
The bonds will
Co.
ance
V
Beech-Nut Packing Co.
Net
$802,289
Earns,
series A,
i
income—*——
$661,391
$111,127
$63,110
/
6 Ivlos. End. June 30—
1945—5 Mos.—1944
1945—Month—1944
,
income
ry.' oper.
onria^
other
Reentered
Willh^ 3 1Dana Com;pany. Reentered
Po^e$siom,_ $26.00
yeaj, m Dominion ot
per yea*.
.
•,
Net
oper.
revenues—
;
Taxes '•
Net
$832,393
,
income-
oper.
ry.
90,492
,
$4,793,947
643,238
$730,598
$2,399,372
162, p.
alleged that Automatic had been operating
without registration. Automatic has filed
registration under the- Investment Company Act.
It was
(l)
ment company
of
:
'
controlled Allied and Auto¬
outstanding, that the class B
the exclusive voting rights,
and that Edward V. Otis and Curtis Franklin, by reason of their own¬
ership of the majority of such class B stock of B.-T. I„ controlled the
management of B.-T. I., Allied and Automatic to the exclusion of the
I. so as to
the board
the holders of
,,
160,
p.
approximately $5.50 a
market price being
thereof, the present
share.—V.
1859.
■
•
• ;
,
1,006,300
taxes..
income
_
$4,141,048
21,587
24,096
57,164
•
'
Gross income
income
Net
♦Earnings
*Based
$1,331,157
$1.79
_________
share___
per
Vi
745,364 shares.
on
$2,439,539
$2,188,229
857,072
_.™__
deductions.j__
Income
.
1,335,940
$1,103,600
k,
.
;k
$4,423,813
2,676,414
$1,747,400
$3.03
$2.34
sales
Net
(& Subs.)—Earnings
$7,425,166
Profit
1,726,640
k-k
381,612
Net
dividends
dividends
66,703
-
Earnings per common share
$0.72
$0.78
.1 ■<
"Deficit.
•
:J,'!
f
(includes
tina
Net
ry.
securities,
credit carry-back), $41(5,219; prepaid expenses and deferred
$281,654; property, plant and equipment, $2,506,377; patents,
goodwill, etc., $1; total, $19,247,930.
profits
charges,
Liabilities—Accounts
balances,
credit
payable,
$203,728;
$451,465;
accrued
salaries,
customers'
deposits and
wages and commissions,
$108,552; dividend on preferred stock, payable July 2, 1945, $33 351;
accrued State, local and miscellaneous Federal taxes, $250,749; accrued
Federal taxes on income, $474,930; reserve for post-war adjustments
other
and
contingencies,
$750,000;
$5 preferred stock
(26,681 shares
$4,500000:
par), $2,668,100; common stock (450,000 shares, no par),
capital surplus, $4,033,943; earned surplus, $5,811,651; common stock
in
treasury (3,945 shares, at cost), jDr$38,539; total, $19,247 930 —
V. 161, p. 1992.
i
.
no
•
■
•
...
Burlington-Rock Island
Net
from
Net
ry,
I&L—Earnings-
1945
from
railway.
railway
oper.
$301,299
159,647
92,208
139,403
30,682
93,826
46,212
95,333
19,233
.From Jan. 1—
from
railway.;
E^etkry,"
•—V.
oper. Income...
162, p. 4.
Buffalo
All
of
the
General
$410,000
1,326,275
1,554,455
730,515
659,136
470,710
615,989
100,674
245,342
379,772
6,179
Laundries
outstanding
Corp.—Calls Bonds—
first
mortgage
convertible
27,111,257
8,245,669
3,669,639
income
19,540
3,946
Cr2,002 v-v
$46,306
492
485
2,326
$13,869
$16,183
4,124
$48,632
$63,190
7,292
16,759
$12,059
$41,341
$46,430
■
\
146 '
$13,723
.
Natural Gas Service Co. and Sedan Gas
income of
April 30, 1944 and Blue Valley
p. 2068.
to
33,440
15,306
$60,132
3,057
\
income
160,
18,560
20,022
v
$15,697
$13,377
■;
$339,552
203,934
7,447
5,093
8,355
1,652
deductions
Note—Reflects
V.
48,073
taxes..
income.......
Interest
Net
5,111
_i_____™
Net oper. income
Non-operating; income.
Gross
1945—12 Mos.—1944
$83,982
3,474
depl.
&
retire.
Federal
Electric Co. to Dec. 31, 1944.—
6Va7o
Service Corp.—Merger Ap¬
Central Vermont Public
• :
proved
T
The
Utilities, Inc., into the corporation was aprThe SEC said Central Vermont may ac¬
assets provided it disposes of them with¬
of Vermont
merger
proved Aug. 1 by the: SEC.
quire the Utilities' telephone
in a year.—V, 162, p. 453.
-
and
or
called
The
Ohio.
payment of the full redemption price, plus accrued divi¬
27, 1945, will be made at any time upon presentation
of the stock at either of the two above-mentioned oflices.—V. 162, p. 453.
Immediate
dends
Aug,
to
surrender
and
Gross
Net
ry.
Net ry.
■-
from
Net
railway
1,044,832
from
Gross
from
Net
ry.
railway
railway...—
income—
oper.
From Jan. 1—■
from
Gross
Net
from
Net
ry.
1944
.
;
Net ry.
,;
8,196
*47,245
*223,805
*114,109
income...
*666,017
162, p. 131.
*547,097
*439,857
Gross,
expenses
—_
earnings
Net
_______
<■
Net
17,219,998
22,680,415
;7:
Dividend—;
directors on July 30 declared a dividend
the ordinary shares/ par $25, payable Oct.
The
.
on
Aug.
50
21.
cents
of 50 cents per 3hare
1 to holders of record
This compares with 75 cents paid on
on March 31 and Dec. 1, 1S44.—V.
each
—V,
March 31, last, and
162, p. 453.
,
Administration
Co.,
companies, two of which were American and "two Cana¬
dian.
The proceeds from the sale of the debentures were
used to retire simultaneously bank loans outstanding in
an
equal amount.
group.
Selected
Industries,
Inc.—V.
162,
p.
Central Electric & Gas
573.974
1,101,156
15,325,813
4,829,576
,1,661,581
1
1942
1943
$2,412,524
886,023
290,066
14,672,546
5,575,916
1,752,399
$2,004,803
;k" 705,150
186,892
11,668,399
3,715,685
1,214,696
Chicago & Illinois Midland Ry.—Earnings—
oper.
From
Gross
92,279
railway......;
from
Net ry.
3,529,704
1,416,102
487,156
■
495,073
income
Jan.
$632,506
283,118
1—
from
Net
ry.
railway
railway—...
from
Net
income...
oper.
162,
5.
p.
.
1942
1943
$406,998
112,354
58,664
$639,207
283,939
97,958
3,330,476
1,220,882
railway.../.
from
1944
1945 '
'k-."V>k
June—
Gross
$463,404
•
129,375
62,013
3,069,474
3,000,791
1,263,177 k 1,145,561
479,737
398,000
k<k,
-V
Chicago Indianapolis &
Net
Louisville Ry.—Earnings
1945
'June—
■=
1944
1943
1942
railway....
$909,195
$1,156,083
$1,038,206
$911,912
from, railway......
204,278
324,486
354,686
265,295
107,513
192,573
266,810
165,379
6,365,842
6,913,627
6.535,012
5,578,833
2,035,610
1,150,280
2,428,530
1,482,478
2,432,690
1,795,826
1,099,702
Gross
from
Net ry.
Net
from
1—
railway.—.
railway
from
Net' ry,
—V.
income.._
oper.
From Jan.
Gross
the debenture issue for Capital
investment companies in the TriUnion' Securities is jointly owned by Tri-Conti-
Union Securities Corp. arranged
Administration, which is one of the
nental. and
4,400,254
1,457,198
Income.
132.
162. p.
259,250
15,160,254
railway
oper.
Ltd.—Sells Debentures
Privately—Company on Aug, 1 sold $1,150,000 3% de¬
bentures due Aug. 1, I960, to a group of four. insurance
235,989
,
•
$2,499,388
685,598
-
railway...
from
1944
1945
723,382
income.
oper.
Net from
—V.
Capital
2,681,461
railway
'
Net
Declares 50-Cent
k
6,228,992
2,243,211
..
from
Net ry.
26,656,986.154,728,184 154,575,055
22,118,529 137,508,186 131,894,640
4,538,457
10,225,717
1,966,097
$2,520,733
railway..
from
Gross
v
1945—6 Mos.—1944
1945—Month—1944
4,652,677
15,868,035
5,266.199
1,513,680
railway
oper.
From Jan. 1—
""'7,-
23,420,585
17.225,306
4.651,632
railway
from
ry.
Net ry.
Co.—Earnings-
28,073,262
earnings
Working
16,001,152
1—
from
Gross
*308,257
Period End. June 30—
k
243,420
>■
Chicago Great Western Ry.—Earnings—
687,565
665,484
♦Deficit.—V.
Canadian Pacific Railway
345,938
239,139
income
Jan.
June—-
706,650
*307,450
railway/.:—
oper.
1,883.002
979,736
288,107
893,267
income..:__
V. 162, p. 131.
: ;
*13,308
681,337
*378,953
railway
$2,632,456
$2,956,053
825,054
railway
oper.
From
1942
1943
1944
1945
$2,756,410
railway
$130,159
:■
•
11,521,761
Illinois RR.—Earnings—
(V'',/ 'k. ;V."kk>
from
from
Net
87,839
/
*50,732
*90.331
23,979,234
22,182,469
12,669,368
162, p.
Net
1942
$106,682
$120,595
*70,368
68,838,252
44,681,097
,
income...*'16,342,451
Chicago & Eastern
2,661,603
1,110,812
858,138
1943
^
*116,566
•
1942.
99,463,960
railway..125,460,440 115,960,151
54,897,452
46,681,612
railway.:
June—
in Vermont—Earnings—
1945
$105,454
June—
'
1—
oper.
ry.
—V,
67,046
Quincy RR.—
1943
from
Gross
Gross
Canadian Pacific Lines
467,632
railway
Jan.
From
99,112
3,146,379
1,369,614
1,058,777
3,252,986
1,394,578
3,625,205
1,469,724
826.314
;
income
—V. 162, p. 131.
761,416
"
Net
Gross
oper.
ry.
960,276
:; 542,066
$311,427
77,360
36,036
874,426
470,142
1945
1944
$12,801,806
$21,292,995 $19,854;763 $16,549,925
.4,355,042
6,870,102
from railWay.__.__
8,593,613 ■ 7,291,485
2,157,404
1,408,377
ry. oper. income—
2,373,952
1,629,002
k:<kk
Net
.
income
oper.
2,358,886
245,558
'
from
Net from
206,033
1,925,747
546,414
Chicago Burlington &
256,329
75,034
62,622' k
p.
June—
Gross
1942
143,445
86,557
:
2,292,959
income
oper.
'162,
147,229
$331,937
134,613
-
2,145,711
railway..
railway
from
Net from
1942
$369,739
1944
1—k:k;kk
From .Jan.
—V,
34,392
6,339
income...
oper.
1943
$370,570
■
$319,198
railway....
from
Net
k;
Carolina Ry.—Earnings-
1945
k kv;k,
k-kkk
from railway—
June—
*382,613
$589,513
-
preferred stock
$110 per share
the redemption
Chemical Bank & Trust Co., 1.65 Broadway, New York, N. Y.,
Fifth-Third Union Trust Co^ 4th and Walnut Sts., Cincinnati,
outstanding shares of 6% cumulative
for redemption on Aug. 27, 1945, at
dividends.
Payment will be made at either of
the
of
been
agents,
104,158
1943
Co.—Calls 6% Stock—
Champion Paper & Fibre
All
have
-
oper,
162,
p.
...
income.
132.
1,691,776
349.
Co.—Registers with SEC—
with the SEC 65,000 shares of 4.75%
($50 par) cumulative preierred stock, series A, which will first be of¬
fered on a share-for-share exchange basis to holders of the company's
outstanding 6% cumulative preferred.
'
■
- An underwriting group headed by Paine, Webber,: Jackson- & Curtis
and. Loewi & Co. will selt the remaining shares to the public at a
price to be filed by amendment.
The company will apply the proceeds to the redemption of all 6%
stock not exchanged at $52.50.—V. 161, p. 981.
Company on July 31 registered
1,630,648
365,741
713,110
,
$259,101
172,021
$62,846
39,367
2,467
4,162
■
taxes.
1,253,700
$125,525
income™.
Oxpss..-from railway..
Net
'*535,939
-
.
*291,628
*619,768
J
1945 'rkk- 1944
$480,213
$422,510
134,887
• 127,731
railway....
Continental
1942
1943
1944
$244,555
$351,112
1,567,260
(& Subs.)- -Earnings—
1945—3 Mos.—1944
revenues..
Deprec.,
General
*34,147
*94,738
,,
Lines in Maine—Earnings—
railway——.
.
June—
Gross
872,800
*195,467
>
"Jan. 1—
Gross from railway..
"
restricted as to withdrawal under present
$1,969,330; claims for refund of prior years'
Income
(resulting principally from unused excess
on
3,421,055
Operation
$140,100
.
*146,151
952,200
,
4
p.
at
$1,483,533
taxes
*21,820 ,*82,612
*71,454
From
regulations),
exchange
Federal
Government
S.
162,
'
from
cost,
$5,625,000; notes and accounts receivable, $2,222,847;
inventories,
$4,085,489; net current assets in Canada; Brazil, Mexico and Argen¬
U.
$2,147,013;
Income.—
option.—V. 162, p. 131.
from
Gross
Consolidated Balance Sheet, June 30, 1945 v
'l'.
Assets—Cash,
31,324,620
9,017,192
3,388,964
1942
$4,977,473
350.
p.
oper.
Gross
railway.™.—
June—
222,452
-$0.10
8,339,763
Maintenance
sufficient to retire
$134,200
$156,700
..
1,206,500
*39,297
*410,033
Canadian Pacific
$411,341
66,703
222,878
$389,419
30,110,807
__
income..
Period End. June 30—
Ltd.—Calls 4% Bonds—
The corporation haS called for' redemption on Aug. 31; next, all of
its outstanding 4%
sinking fund" debentures; series A and series B,
at 101 and interest. ' Payment will be made at any branch in Canada
.(Yukon territory excepted) of The Royal Bank of Canada, at" the
376,000
66,703
$111,687
profit for the period._
Common
162,
Gross
Canadian Oil Cos.,
$787,341
345,000
223,028
'
Preferred
$734,419
..
railway..
oper.
•
Central States Edison, Inc.
Bonds Offered—An
1—
railway—_
from
♦Deficit/-—V.
137,354
50,000
.
41,960
*25,833
income...1
Jan.
From
Gross
$649,986
$161,687
—V.
England—Earnings—
1944
1943 2V':V;5: 1942;.
$220,800
railway.__.__
oper.
Net ry.
.1,648,014
$352,807
inc. & exc. prof, taxes
ry.
New
in
1945 :
from railway
from
Net
21,298,000
184,481
operations
from
for Fed.
Prov.
30,428,653
7,296,097
2,270,476
698,985
railway.
from
Net
$1,500,000. Trustee, The Royal
exceeding in the aggregate
June—
.
.
Gross
$7,370,929
2,079,447.
»'net)
income
498,570
1943
$5,059,242
1,385,506
k 382,633
.
.
Charleston & Western
Net
Other
Net
Net
*$22,793
£ Operating profit
—
which would be
annum,
per
1943
1,894,308
1,917,101
profit on sales
Selling, gen. & admin, expenses
Gross
income...
oper.
from
Gross
Co.
Canadian National Lin6s
Net
'
"1944
$5,041,295
1,440,950
$5,098,168
1,545,933
railway
From Jan. 1—
Counsel, these bonds will be investments in which
the Canadian and British Insurance Companies Act, 1932
(Dominion)
as amended states that companies registered under it may invest their
51,51.6
$2,261,594
1944
railwa.y_.___.
from
Net ry.
the opinion of
In
Net
1945
$6,279,221
Months Ended June 30—
2,684,061
-'v';
.
161, p. 2783.
Brunswick-Balke-Collender Co.
3,650,200
349.
p.
from
Gross
$4,372,297
$4,198,211
1,936,617
$1.48
Ltd.
bonds consisting of
bonds by maturity.
Provision will be made for the
additional series of first mortgage bonds subject to the limi-
of
issue
Net
6
$320,000
than
< tations not
Trust Co.
;
$2,415,443
7,121,264
4,552,259
Central RR. of New Jersey—Earnings—
Co., Ltd.
Net ry, oper.
$2,166,641
_
3,074,985
June—•'
17-year 4 %
the
holder's
Operating income ™
Other income (net)™.
12,796,728
764.
and $1,000, ;;
more
$14,330,279 $13,860,651
7,445,077
7,034,870
919,774
r 767,658
Maintenance
_j._
2...
907,558
Provision for deprec... kk 940,653
51,690 ...
51,687
Amort, of light oil plant
1,800,145
1,826,335
General taxes
Federal
706,168
18,528,184
5,000,876
income
oper.
—V. 162,
Net
Commencing Aug. 1, 1953, there will be provided for
the 17-year 4%
bonds an annual sinking fund, based on the volume
of the company's lumber and log sales, and estimated to amount to
1945—12 Mos.—1944
$26,724,817 $25,843,449
14,006,516 13,389,900
1,823,775
1,604,728
1,584,314 ^ 1,573,282
103,398
103,400
3,504,566
3,595,842
857,100
1,561,200. 1,204,000
Mos.—1944
ry.
redemption.
of
Co.—-Earnings—
1945—6
■
1,113,554
647,533
910,055
20,462,141.
railway../..
railway™.
from
Net
498,110
.431,340
'
'
p.
$6,000,000
Net from
____
$2,458,446
redeemed
offerk
Period End. June 30—r
Net
1,049,190
■■
177,021
4% bonds in coupon form in denominations of $500
registerable as to principal only.
Redeemable in whole or in part at
the option of the company at any time prior to maturity on 30 days'
notice at 101 for the serial bonds; the 17-year 4%
bonds to be re¬
deemable at 102 if redeemed prior to Aug, 1, 1956; at 101 if
on or after Aug. 1, 1956 and prior to Aug.
1, 1961; at 100 if redeemed
on or
after Aug. 1, 1961; in each case with accrued interest to date
7
Operating revenues
Total
operation
252,086
322,580
year
Stock
Gas
804,544
$3,050,062
19,310,557
5,527,342
3,051,058
554,894
oper.
from
Gross
1,194$; to mature Aug. 1, 1946-52 and 1962.
half-yearly interest (Feb. l and Aug. 1) payable in
lawful money of Canada at principal office of the company's bankers
in the cities of Montreal, Toronto, Winnipeg and Vancouver.
Serial
bonds in denominations of authorized multiples of $1,000.
Seventeen-
Brookside Mills, Boston, Mass.—Offer Made for
At a meeting of the board held on July 31, at which all cf the
directors were present, an offer was received from Jacob Ziskind, Fall
River, Mass., to buy all of this company's stock (after giving effect
to the recent split-up) at $50 per share.
The directors decided unan¬
imously that the price of $50 per share was a fair figure and all di¬
rectors who own stock expressed their intention to accept the
Other holders of large blocks of stock have informed the
directors
that they also intend to accept.
kkkkkU ■■..r;,■■■'
kk-k:
The company's plant is located in Knoxville, Tenn.—V. 160, p. 1731.
Brooklyn Union
income.™
$3,274,115
965,742
636,611
Principal and
and Franklin have agreed to return to Automatic
the shares purchased by them upon repayment of the purchase price
of $4 a share and to cancel the subscription agreements as to the
remainder of the stock.
The present market price of Automatic stock
is approximately $14.50 a share, k(4) It was alleged that after an offer had been made by Allen B.
DuMont Laboratories, Inc., to sell to Automatic securities of Majestic
Radio & Television Corp., the defendants,
on behalf of themselves,
their wives and associates, acquired the greater part of said securities
and caused Automatic to advance the necessary funds therefor.
The defendants have offered to pay to Automatic $96,025 in cash,
being the profits realized bn resale of part of such securities by them
and also to transfer to Automatic the unsold remainder of 9,500 shares
of common stock of Majestic upon payment of $1.20 a share, the cost
price
from
ry,
Dated Aug.
,
Messrs. Otis
profit.
of
Bros. &
.
into sub¬
shares
of
alleged that Messrs. Otis and Franklin entered
scription agreements with Automatic for the purchase, of 100,000
of Automatic at $4 a share when the then asset value of the stock
Automatic was $8.16 a share, and that thereafter they caused B.-T. I.
and Allied to buy stock of Automatic in the open market in order to
advance the price so that they could resell the subscription stock at a
It was
920,595
r. 440,425
74,447
$2,800,000 first
mortgage serial 2%, 2%%, 2%% and 2%% bonds, series
"A" and $3,200,000 first mortgage 17-year 4% sinking
fund bonds, series "A" were recently offered in the
Canadian market.. The 17-year bonds were offered at
100 and interest by Wood, Gundy & Co., Ltd., Nesbitt,
Thomson & Co., Ltd., W. C. Pitfield & Co.,; Ltd., Pemberton & Son Vancouver, Ltd., James Richardson &
Sons, Cochran, Murray & Co., Ltd., Lauder Mercer &
Co., Ltd., The Western City Co., Ltd., The Yorkshire &
Pacific Securities, Ltd., Ross Whittal, Ltd., Okanagan
Investments Co., Ltd., Hagar Investments, Ltd. and Read
It was alleged that B.-T. I., which
matic had both class A and class B stock
stock' although wholly devoid of value, had
(3)
Canada.—V. 161,
issue
as an invest¬
a notification
holders of class A stock of B.-T. I.
The defendants have agreed to a reorganization of B.-T.
confer voting rights upon the class A stock and to increase
of directors to seven, five of whom shall be elected by
the class A stock.
*
•
964,886
306,808
296,700
Canada West Lumber Co.,
(2)
18.000
811,415
railway
from
couver,
Investing Corp., and Auto¬
Act of 1940 has
Peter T. Byrne, regional
-
52,744
income
oper.
A $183,432
91,656
$80,886
*34,419
22,408
Ltd.—Partial Redemption—
The company has called for redemption on Sept. 1, next, $485,000
of first mortgage 15-year • 4lA %
bonds, series A, at 102 and interest.
Payment will be made at The Royal Bank of Canada in Montreal,
Toronto, Halifax, Saint John, Winnipeg, Regina, Edmonton or Van¬
-Suit Settled—Accedes to
Investors, Inc.All SEC Demands—
■
The SEC
action against certain officers and directors of British-
"
$153,373
60,588
50,187
railway
Canada Cement Co.,
243.
Investors, Inc.; Allied International
Products Corp., under the Investment Company
been settled,
it was announced July 21 by
Administrator of the SEC.
The basis of the settlement was as follows:
Net
1942-
1943
1944>
;
$3,282,288
From Jan. 1—
British-Type
matic
1942
.
ry.
Gross
$3,282,684
Type
1945
railway.™
railway
.....
from
From Jan. 1—
$136,535
44,804
railway
from
from
Net from railway
Net ry. oper. income—
♦Deficit.—V. 162, p. 131,
$5,437,185
2,154,501
$578,716
income
Net
$4,461,906
2,062,534
interest, etc.—
Rentals,
—V.
337,060
$1,076,835
346,237
$913,776
income
RR.—Earnings—
: !*■.1945
'
1944 •1943
Net
159,515
/•
Total
130.;;
p.
June—
Gross
k 1,583,460
$3,838,301
623,605
k $986,343
81,383
—kk_k
Other income
,162,
Net
24,929
'k;'kkkk'.'..kkkkkkk/k.
Central of Georgia Ry.—EarningsJune-—-
Gross
Cambria & Indiana
4,689,368
4,033,160
1,808,526
136,715
899,778
278,036
244,951
21,815
Equipment rents (Dr)__
Jt. facil. rents (Dr)—
(as extended) on Dec. 1, 1952, were
l, 1945, at the Manufacturers <&
Street, Buffalo, N. Y. See also
Net
V.
$9,816,702 $11,226,290
$2,189,086
due
recently called for redemption on Aug,
Traders Trust Co., trustee, 284 Main
,
si, 872,125
772,966
bonds
gold
fund
sinking
RR.—June Earnings—
Period End. June 30—
1945—Month—1944
1945—6 Mos.—1944
Operating revenues ...
$7,043,905 $7,439,519 $42,721,114 $43,285,825
Operating expenses
5,171,780
5,250,433 32,904,412 32,059,535
Boston & Maine
Monday, August 6,1945
CHRONICLE
COMMERCIAL & FINANCIAL
THE
564
Chicago Milwaukee
Gross
Net
Net
from
ry.
Gross
Net
Npt
—V.
railway
railway
from
From
St. Paul & Pacific RR.— Earnings
1942"'
June—
oper.
from
from
rv.
162,
income..
1—
Jan.
p.
4,054,334
2,047,881
115,205,062 109,035,829 105,535,415
30,987,659 32,169,648 42.376,554
14,684,924 15,245,298 28,038,227
79,560,992
2,492,893
2,545,473
,
railway
railway
income..
132.
oper.
1945
1944
1943
$14,264,351
$21,609,999 $18,720,427 $18,949,856
4,171,075
5,895,419
4,836,113
7,143,232
24,685,673
13,581,357
Volume
June—
1945
''.'V■
1944
.
from
1—' ■
From -Jan.
from
Net
from
Net
ry.
—V.
80, 752,431
23, 401,170
11, 850,393
83,662,772
22,476,558
11,145,437
income—
76,698,697
$1,925,918
$4,575,349
$3,723,928
1,352,500
1,330,950
'3,325,700
2,566,500
profits
exc.
27,369,475
17,251,160
15,250,034
9,791,718
•On
share,—/>■:
per
2,636,878
$594,968
of
shares
$1,249,649
for
$0.47
fotir
companies
Consolidated
of
Net
Net
;■ •
from
:
stock.
(Subject
Arthur
H.
Net
from
Net
ry.
99,511,122
38,222,506
14,013,433
railway——
income—
oper.
-W, 162,
90,861,973
34,845,696
14,393,915
Week Ended—
was elected to the board of West¬
Harland C. Forbes, Consolidated Edison Vicedirector of New York Steam Corp., and Thomas
to Consolidated Edison and head of its law
a director of Consolidated Telegraph & Elec^
17,878,198
July
28—
186,980,000
186,966,000
12,619,597
juiy
2i_——:
184,034,000
183,032,000
185,662,000
187,279,000
2.3
165,314,000
167,479,000
1.3
14
Gross
from
Net
570,512
The
432,707
377,360
219,362
12,730,661
10,725,615
3,208286
3,457,166
1,693,343
1,529,546
2,299,142
of
Net
from
Net ry.
V.
railway
income—
oper.
162,
132.'
p.
*
1944,
served
.
increase of 6,324,599, or 2.55%,—V.
an
End. June 30—
$3,101,722
$2,972,864
1,172,620
1,353,800
1,053,980
Net ry.
368,383
381,229
515,094
362,335
17,951,545
19,105,211
18,142,935
railway.—.. ;£$■" 6,367.981
7,861,787
8,777,508
13,715,307
5,640,794
2,289,205
2,518,243
'2,917,480
2,351,978
from
Net
from
Net
ry.
—V.
S.
income.]
oper.
From Jan.
Gross
$2,899,444
railway-
railway—
.
_
Federal
and
income
received
Dividends
Earns,
1945
1944
1943
$1,764,021
201,473
252,440
$2,047,391
$2,016,461
$1,287,328
—
——-
——
38,926
Fed.
55.805
sive
235,600
interest
and security transactions but before
of subsidiaries
1945, $245,401
>
621,500
1,243,000
1,243,000
1,243,000
operating revenues.—
com.
$0.70
on
for Federal
$595,000
increase
in
held
$0.68 -»■
Federal taxes
under
3,564,973
1,315,920
72,226
66,112
and
Commercial
——
i—
———»
-
treasury.
(No provision is required lor Federal
§Includes Federal excess profits tax (after deduct¬
1944 for post-war refund).
$3,960,373;
ar.d
U.
S.
for
Consolidated
'Period End. June 30—
Operating
New York,
Statement
Income
earned
1945—12 Mos.—1944
electricity---
56,504,101
Net
gas—.—i__
10,974,037
10,965,835
43,536,243
2,405,432
2,975,017
-15,421,980
surtax—————
2,906,000
2,904,000
Other
665,475
2,796,255
645,000
4,618,181
2,224,000
Operating
expenses
70,578,553
$7,324,403
.
-
-2__'
214,445
revenues.
26,746,892
110,498,486
7,621,454
6,530,708
29,414,769
7,890,233
8,130.233
33,507,933
$7,242,901
taxes
Operating income..—■
Non-operat.
surplus
Balance,
-v.
$6,065,619
$5,736,393
——
—
i6i, p. 2329.
The
Income
22,818,591
stock.
ferred
Net
Gross
from
Net
ry.
48,942,107
13,961,368
49,333,510
48,896,967
stock; that is,
4,439,360
17,457,221
18,320,734
for each
31,876,289
$1.83
30,576,233
9,522,008
7,520,387
453,143
600,493
El.
(kwh.)
340,295
505,153
Gas
(c. ft.)
$1,028,777
Dr45,140
from
Net
ry.
—V.
railway-
7,330,124
7,257,860
6.546.378
3,686,193
3,031.231
3,887,378
3,529,067
3,391,144
3,198,269
2,840,233
2,793,453
income—
oper.
162,
132.
p.
The
of
directors
have
Co.
V.
162,
this
6.
..v
Colorado &
and
the basis of a
approved
p.
company
,
the Wickwire
of
merger
■
of
of the two
;■
companies.. See
From
Gross
Net
4,424,000
4,568,000
18,649,000
9,292,402
8,220,426
25,283,531
26,180,19.9
9,240,000
6,160,000
Fed.
income
Net
Non-operating
railway
6,601,215
4,550,320
2.565.469
2,953.387
2,565,8.92
1,421,669
1.251.880
—
income
1,560,472
1,523,731
0V,
$124,364
$127,087
24,060
62,511
18,462
12,209
Net
23,996.854
14,908,838 ' 14,670,218
3,895,854
9,215,931
11,726,822
2,512,594
.6,705,251
9,214,228
895.632
885,612
302.670
355,981
368,878
115,999
income
858,029
244,612
203,522
133,683
136,009
—
(kwh.)
41,540,062
goods
delivery
came
,
of
Light
Brooklyn Edison
the
&
effective
Public
Service
at
Power
the
Co.
district.
Co.
close
Commission
solidation.
""r00^01-1L-
General
Contrib.
to
admin.
and
debts
1944
1943
Gross
from
Net
from
$150,609
Net
ry.
J From
$132,494
$100,200
$98,075
27,439
11,336
1,313
5,733
11,061
Gross
railway-
railway
oper.
4,164
5,648
into
of
and the
Co.
Consolidated
business
July
on
in
elected
Vice-
connection
income
Jan. 1—•
Nf^ r**
from
855.486
railway—
oper. \ income.
■
-rV. 16?,
P-
—
769.543
728,531
137.761
■
132,558
121,238
52,734
:
52,881
38,063
6.
608.001
53,414
-
1,268
1,579.409 '
700.773
342.789
,788,4^7
1,576,903
£29,82.1
1,484
5,602
$2,856 854
$4,1169'.397
1,493
$2,893,697'
-
income
419,649
225,000
—
23,973
747,796
161.652
$2,922,670
$3,018,506
—
New York
&
Queens
Co.,
which
date.
The
New
who
since
has
Executive
1942,
was
approved
be¬
Fed.'excess
;
,
'j'.-#
I
•
* " V <
•
54'3
Crl4,061
3.297
2*3,119
'•260.893
"516,830
*510,460
*1,(510,195
tax-
profits
"
Estimated
Vice-President
the
Brooklyn
made Vice-President,
Net
Brooklyn
of
Add'l
for
51,683
tax„
854,580
843,100
for
income
Fed,
of prior
period———
profits taxes
$1,368,666
$1,414,394
credit
Federal
and
income
Bal.
587,881
$1,688,811
320,000
yearsT_——
earned
v
excess
transferred
Bal.
:■
31,140
"15.865
(Cr>—__
post-war
Provision
'
,
■
con¬
formally
'
been
November,
$4,317,193
"
248.338
for
Prov.
York
the
// '-Total.' income /—
Loss on plant and equip, -disposed•
of
during
period,.———.
Interest
Queens
surp.
to
at
earn,
begin
$1,688
sil
$1,368,665
3,139,323
$1,094,394
2,965,537
1,811,980
$4,507,988
$4,059,932
966,000
surplus
of year
966,000
$3,500,792
966;0OO
$3,093,932
$2,534,791
..
Output of Electricity—
■
Net -from* railway.
8*866,554
11,217.604
—
—
with
Edison
that
on
26
been
;
Dean, who has been Executive Vice-President of ;the New York &
Electric Light-& Power Co. sincq. November, 1942, was made
Vice-President, Queens district.
.
1,048
—
1942
29,141,^27
9,9*8.608
fund._—_—_
off—:
pension
charged
profit
Other
exnenses_—
Mr.
1945
June—*
;
Advertising"—
6,393,961,234
.■
Baily,
34,322,775
10,214,422/
654.027*'
exps.
9,118,719,200 9,183,101,500 36,493,206,100 34,195,575,800
Baily and Harold C.. Dean have
These elections occurred on July 31
.
July 1, '44 June 26*,*'43
28,077,256
4,663,343,865
1,328,793,737
tool
26 WeekfS
27 Weeks
33,446,650
—
selling
and
advertising-i----'__^^
than
Depreciation
10,589,816
31,596,112
sold
' *..t.
V'\ /
Weeks
$49,000,683 $49,869,555 $44,978,139
———————
of
of
other
38,667,072
9,943,950
•
A.
merger
Mr.
-Earnings-
1,080,180,674
(cu. ft.)
Edison
Columbus & Greenville Ry.
.
Statement
Income
June 30, '45
sales ——
Net
Edward
6.
p.
3,091,942
income.
income
Electric
779,022
—
shares of commbn
reclassification.—See also V. L62,
the
by
;/■
Consolidated
Cost
26,631,224
7,830,968
2,510,680
Presidents.
the
r.
454.
Period—
Merger Effective—New Vice-Presidents Elected—
$159,748
37,709
22,373 \
affected
be
not
and
26
Bad
Net
1942
14,550
railway-—
railway--
oper.
6,123,939
deductions
Gas
1943
1944
32.863
income—.
1—•
income
income
Gross
Income
-Earnings-
$124,729
railway
railway
Jan.
162,
:
Sales of:
1945
-'000:0:
of $1,811,250 will be payable In the reclassification uo
preferred stock, upon surrender of their stock certificates
stock and this amount will be charged against the earned
Cost
954,141
245.
p.
from
ry.
(est.)." '
tax
208,433
7,878,516
the basis of 1 .1/20 shares of new preferred stock
stock issued.
stock, exclusive in each case of any accrued and unpaid
'
17,624,000
237*019
7.882.879
'
of old preferred
12,762,493
259,065
.
of',.$1^K «"
listing
1965.
'
'
will
351
pp.
77,886,667
225,948
railway:
1,
surplus of the company as and when paid.
The number of the authorized and outstanding
164,610,213
-
70,419,647
Operating
oper,
from
165,516,426
15,293,024
294,546
from
ry.
1,485,051
42,209,752
3,549,690
412,116
:
due July
authorized
aggregate
such
for
33.556.972
3,278,179
18,040,668
Elec.
from
1,755,228
40,947,751
rev.—
35,872.605
7,066,877
3,713,814
499,562
Colorado & Wyoming Ry.-
Net
An
122,576,944 127,775,062
9,055,858
17,393,546
505.175
oper.
Net
31,668,843
Taxes
1
the
authorized
has
Exchange
debentures
of the company will remain unchanged and the stated
share of new preferred stock outstanding, after giving
reclassification, will become approximately $95 per share
$100 per share as at presnt.
--y.'.:/
\ -'//■
dividends.
Maintenance
railway./
\. "...
liquidation preference of the new preferred stock issued in lue
will be $25,357,500 as opposed to $24,150,000 for the
The
stock
1942
income—
and
Debentures
oi
'
reclassification
1945—12 Mos.—1944
Depreciation
1944
Co.—Listing
-
each
of
old preferred
$860,133
June—
Gross
30,115,894
operating rev._
Operating expenses :
1543
from
from
9,679,830,239
Separately)
9,076,629
operating
$142,329
ry.-oper,
ry.
electricity
Total
''"From Jan.'1—- >'
tV. 162.
(Company
■"
161, p. 2555.
effect to such
15,292,805,000 16,031,401,000
1945—3 Mos. 1944
gas____
$1,397,657
Net
Net
Statement
payable,
capital
value
.$1.71
Steel
Southern Ry.—Earnings1945
from
Net
of
Other
Spencer
8,117,007,723
2,953,160,000
.
accounts
investment
holders of old
$1,493,456
from
Net
Gross
2,374,836,000
railway——
June—
Gross
(lbs.)
Income
Sales
Colorado Fuel & Iron Co.—Merger Approved—
2,146,389,011
1,912,998,007
Period End. June 30-
Sales
>
.
—
10,399,661,300 11,049,518,900 43,797,520,900 40,903,604,000
6.018,309
railway——
from
Net
•
r$
Stock
upon
share
instead of
St'm
From Jan. 1—
Gross
sh._
com.
payable,. $1,648;
/
t
Sales of:
$963,434
"
49,148,616
184,894
!
—
per
interest
receivable,
investment accounts
;
- J.< v
accrued
$65,907;
■
4.331,687
income
Earnings
472,433
>
527,195
income—
1942
573,688
624,328
railway
oper.
■
$1,134,805
$1,234,220
railway-
from
Net
■
receivable,
$7,865;
receivable,
a
87o
£)r8,245
'
1943
1944
1945
"
special meeting held July 24, .1945, the stockholders reclassified
preferred stock .unto 400,000 shares $5.50 dividend preferred
stock, or 900 shares less] than the authorized number,, of shares of .old.
preferred stock.
The 241,500 presently issued shares of old preferred
stock will become or be changed into 253,575 shares of new preferred
At
The
Clinchfield RR.—EarningsJune—
Sheet, June 30,. 1945
accounts
37c
20-year
13,969,613
deductions
1944.
Exchange has
72,717
income
Gross
"
.
compared
the listing of 253,575 shares (author¬
ized 400,000 shares)-of $5.50 dividend cumulative preferred stock * <no
par), such listing to take effect upon reclassification
of the: com¬
pany's 241,500 presently outstanding shares of 67c
cumulative pre¬
ferred stock
(par $100) into the new preferred stock, upon the basis
of J. 1/20 shares of new preferred stock for each share of old pre¬
The
11,779,357
loss
201,032
Baking
York
New
500,000
11,852,074
or
$416,371
201,032
share of the company as of June 30, f945.
with $61.72 on Dec. 31, 1944, and
per
as
and
Continental
'
v
-
.
inc.
$285,167
301,548
Preferred Shares—
the
1,414,441
Deductions
$316,131
402,064
$152,407; total, $14,077,365.—V,
ii11,157,200-*16,829,500
(est.)
value
Liabilities—Accounts
$7,480,061
1,506,508
income
income
$414,734
dividends
notes
49,157,516
Fed.
33,197
15,200
receivable, $11,755; deferred items, $425; total, $14,077,365,
31,732,595
16,578,9.47 V 48,236,353
17,086,369
35,590
*
June 30,
of
468,111;
117,499,930
26,201,140
Taxes
155,657
36,069
Crl,071
losses
$68.98
to
as
$2,979;
71,956,393 291,963,357 286,980,239
Depreciation
2,023,000
$7,028,456
adjustments—,
11,750
$449,568
Balance
1,935,000
4,715,111
revenues—
1,318
$335,957
Assets—Cash, $520,323; investments (market value, $22,561,953), $13,-
2,660,973
profits tax—.
—
,—:
depreciation———
non-operating
Gross
$56.20
15,698,053
post-war
'1,164
$352,200
provision has been made for Federal income taxes.
asset
net
amounted
40,579.643
of
operating
Total
The
57,350,066 230,208,879 228,041,570
of
694,983
521
-
inc., excl. of cap.
Note—No
'
of
rev._
113,908
35,176
gains and
u
Maintenance
for
Provision
Net
Inc.—Earnings
(Including Subsidiaries)
1945—3 Mos. 1944
!
$323,910
10,888
$46,115; prov. for taxes, $11,351; capital stock ($1 par), $335,054; p^idin surplus, $9,764,176;- capital gain surplus, $3,766,614; iqcome surp'his,
Sales
operating
1942
1943
$323,750
1944
$448,839
•
income
Dividends paid
surplus,
Sales
Total
161, p. 2554.
$338,910
12,126
52,407
Federal income taxes..
-revenues:
steam
1945
$395,911
—
Expenses
Sales
and
active service.—V.
,
income--"
income-
Total
1<M5
1,485,017
normal
board.
cost
4,047,590
excess
the
of
Corp.—Official Promoted
Utilities
Vice-President since 1933 and a director of the
has been elected to the newly-created office of
1940,
Other income
tax
2,887,614
Federal
Provision
June 30,
Government
municipal securities—at
1,455,370
————
other than income————————
Federal
$4.58
Gas
Hirschfield,
since
dividend
Interest
4,166,320
—
general expenses.—
and
$4.55
6 Mos. End. June 30—
Cash
3,270,338
expenses
Administrative
Taxes,
proposed
stock (1,390,000 shares no par), $11,650,620;
$15,456,939; total, $34,212,474."—V. 162, p. 453.
3,728,774
1,435,990
steam
distribution
$0.62
$325,000 for
1942 act.
(Exclu¬
payable and accrued charges, $1,556,754; Fed¬
State and local taxes accrued, $3,262,930; reserves for operating
miscellaneous, $1,662,286; reserves for contingencies,
$622,944;
14.129,640
distribution——
transmission
of
Steam
$0.53
and
tax
in
profits tax.
Consolidated Edison Co. of
Cost
$1.12
Consolidated Investment Trust—Earnings—
$46,858,203 $46,465,255
0-.
15,374,414
Electric
profits
excess
common
1944
1945
production—.——_——-
power
$1.20
sh
com.
739,658
Major
1,243,000
Government
S.
eral,
(& Sub.)—Earns.
*12 Months Ended June 30—
Electric
$6,623,193
Charles Friedman has been elected a director to fill the
created by the death of Charles F. Park.
Major Friedman
pf the United States Army Air Corps, who has recently returned from
Liabilities—Accounts
161, p. 1876.
1943 period.—V.
Electric Illuminating Co.
Cleveland
$6,591,033
vacancy
notes, $2,900,000;
less amortization
(market value $6,277,090), $6,179,600; accounts receivable (after re¬
serve for cash discounts and doubtful debts, $129,798), $2,140,283;
ac¬
crued interest receivable, $24,215; other accounts receivable, $121,427;
inventories, $6,257,423; other security investments—at cost, $705,588;
treasury stock—at cost (147,000 shares common stock), $1,368,486;
post-war refund of Federal excess profits tax, $295,000; cash —plant
replacement fund, $518,947; fixed assets (after reserve for depreciation
and
obsolescence, $14,905,052), $8,404,364; construction in progress,
$98,233;
goodwill, trade-marks, patents, processes, etc., $1; deferred
debits, $54,228; total, $34,212,474.
on
and $210,946 in
$1,624,810
$148,238
(no par)
shares
of
and
Total
621,500
$38,259
Consolidated Balance Sheet,
$692,951
$1,166,720
$1,193,757
Note—Company's proportionate share of net profit
not consolidated, not taken up, amounted to $217,665 in
1944,
621,500
Assets—Cash,
U.
long-term debt and provisions for depreciation,
depletion and amortization (except cost of depreciation and depletion
applicable to sales of real estate, timber and equipment),
tAfter
deducting estimated post-war refund of excess profits taxes amounting
to $3,400 in 1944 and $6,350 in 1943.
in
$769,738
$228,462
sh.
per
% 312,277
373,200
Crl,863
(excl. of sec. transacts)
•Exclusive of dividends received
28,310
.a' $1,724,217
-
Vice-Chairman
*1,420,000
ing $70,000 in 1945 and $58,000 in
46,499
422,598
Adjust, of prior years provision—
deducting
$555,000
621,500
—
————
estimated
.
396,560
418,148
deprec.,
Net prof.
per
Norman
$659,759
$849,962
2,390,905
43,498
—V. 162, p. 132.
in¬
§1,040,000
$9,753,757
2,331,097
673,114
_
84,395
$249,240
paid
♦Includes
$1,081,384
205,944
long-term debt-— — L.:./
depl. & amortiz.
taxes on inc. (est.)
on
for
'•
company
$870,740
tShs. com. out.
$1,845,919
—-
—
income
for
tProv.
288.233
§1,125,000
$9,595,245
596,545
bonds
$2,477,972
322,170
1942
$2,393,577
V;
excess
Prov,
$1,536,929
323,577
income
Net
Cleveland-Cliffs Iron Co. (& Subs.)- -Earnings—
Interest
$2,213,539
309,403
(est.)
$2,249,747
569,294
of pre¬
amort,
on
Assam, will be released from
3 Months Ended June 30—
Total
92,108
6.
p.
Dividends
1943
$1,444,821
122,455
$2,305,145
State
taxes
•Surplus
•Total
Earns,
1944
$2,091,084
—/
$9,114,799
638,957
income
and
mium
Net income-;
1945
amortiz.*—
&
$8,929,949
665,295
Other deductions—_—
$2,176,331
.
—
—
income
Total
come
_
income..
oper.
162.
income
Deprec.
1—
railway—
Int.
in
453.
p.
169,797
—
Consolidated
$2,445,184
924.331
from
from
162,
$2,079,949
172,986
$2,337,009
income
Gross
to 254,v,eex
128,815
profits
Operating
Other
1942
1943
1944
1945
**0
June—
the week ended July 26, 1945, amounted
with 248,081,488 for the corresponding
for
compared
as
6 Mos.
Net
Other
of electric energy of subsidiaries
show general business conditions of
to
$2,164,023
Operating income— i
Congoleum-Nairh, Inc. (& Subs.)—Earnings—
Cincinnati New Orleans & Texas Paciifc Ry.- -Earnings
Gross
Corp.—Weekly Output—•
output
adjusted
corporation
territory
revenues—
oper.
-
kilowatt-hour
weekly
this
406,087,
13,384,009
railway.:—;
from
————.
/'/'v
1945—12 Mos.—1944
$13,469,034 $13,123,425 $55,096,231 $53,104,066
Operating expenses
7,414,327
7,097,697
32,302,660
31,183,506
Deprec. and amort.—
1,630,455
1,538,044
6,293,067
5,804,164
Taxes
2,260,228
2,407,733
7,570,544
7,001,596
2,114,871
813,011
246,661
From Jan. 1—
Gross
,.
1945—3 Mos.—1944
Period End. June 30—
Total
162, p. 453.
Commonwealth & Southern
$1,916,129
$2,129,008
., 601,494
13,363,326
2,916,641
268,772
income
oper.
ry.
$2,188,137
429,036
$2,324,066
railway
railway——
Net.from
7—
—V.
1942
1943
454.
p.
Consolidated Gas Electric Light & Power Co. of Bait.
0.9
1944
162,
—Earnings;—.>;■'
% Dec.
22,118,021
July
1945
1944 V
•
38,360,011
July
June—
1945
,
o.o
Chicago St. Papl Minneapolis & Omaha Ry.— -Earnings
President of the
Consolidated Edison Vice-President, was elected
Yonkers Electric Light & Power Co.; Leland B. Bonnett,
Lighting Co.;
President, was made a
H.
Beardsley, • counsel
department, was made
trical Subway Co.—V.
Output—
fill vacancies
to
Edison Vice-President,
Consolidated
approximately the same as in the corresponding period last
Following are the kilowatt-hour output totals of the past four
and percentage comparisons with last year:
V,
weeks
57,112,108
87,314,137
132.
p.
System,
was
year.
/o';//
railway
from
-
Kehoe,
director of the
renegotiation.
to
excluding sales
1945,
increase
an
company.
.
Electricity output of the Commonwealth Edison group of companies,
to other electric utilities, for the week ended July .28,
0-
;
railway
From Jan. 1—
•
Gross
Edison
by the resignation of Frank W. Smith, former
$0.44
$0.20
common
161, p. 1994.
Commonwealth Edison Co.—Weekly
1942
;1943
1945
1944
$17,368,348 $15,960,440 $15,487,405 $10,511,291
3,683,709
6,840,300
> 6,442,080 f 6,264,592
from railway
2,823,066
3,097,363
2,377,362 - 2,497,630
ry. oper. income—
June—
year,
parent
$1,157,428
$0.23
$516,481
income...
Earnings
—V.
Chicago Rock Island & Pacific Ry.—Earnings-'
last
of
,,
chester
Gross
week
Announcement was made on July 31 of the election of new directors
;
tNet
61,859,607
t-~
d.
&
$1,868,981
taxes—
taxes
•
railway,——
162.
Fed.
corresponding
the
'
New Directors Elected for Four Units-
caused
railway—.
oper.
inc.
Fed.
'
Gross
bef.
Profit
railway,— $14,960,816 $14, 204,516 $13,925,337 $11,827,363
4,261,689
4, 524,791
5,244,365
Net from railway,—!.—
4,551,811
2,726,445
2, 040,946
2,958,637
Net ry. oper. income—
2,086,106
Gross
for
5,1%.
1945—6 Mos.—1944
1945—3 Mos.—1944
Period End. June 30—
kwh.
860,000
of
1942
1943
-
(& Subs.)—Earnings—
Commercial Solvents Corp.
Chicago & North Western RyA- -Earnings—
,
565
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
162
The
-
^
announced that system output of electricity
(electricity generated and purchased) for the week ended July 29, 1945,
amounting: to 168,300.000 kwh., compared with 167,GOO,000 kwh. forthe
tion
company
on
Aug.
1
corresponding week of 1944, an increase of -0.4%;
Local distribu¬
of electricity amounted to 166,900,000 kwh.-, compared with 158,-
Total
Divs.
on
earned
'-gg^jance
■■
•After
surplus..
at
end of
1943;
:
$3,541,988
period-.——/-——
debt
deducting
$133,200 for
—^—
pfd. stock
cumul.
8%
retirement
-
.
Z
credit *of' $39;09O; for: 1944 ' atid
.
......
;
.
hand——
—Y.
tax Series C—.—•
banks and on
in
3,290,850
Trade accounts receivable-.--—1,128,489
Sundry accounts receivable
——
74,594
Loans and advances to employees..
——
_14,491
Raw materials and products..,———————-~<v
4,554,517
Supplies
———--—
1,759,462
Sundry mortgages, stocks, etc., at cost
—
170,541
Post-war refund of excess profits taxes
260,241
ellArffCS
Hpfprred
26,502,650
6,831,405
Goodwill
:
,
X
Total
4,3-5,051
1,819,80;)
173,611
208,558
payable
Employees', payroll
purchases, <&c.
for
deductions
$1,259,395
—-
———
bond
war
'
583,619
Operating
213,486
Operating
483,000
483,000
Federal
537,715
.
Other
3,740~017
295.357
15,175,000
surplus
surplus
Earned
Total
.24,150,000
1,000,000
1,000,000
599,141
599,141
3,541,988
3,139,323
—
___—„
;
Net
Md.—V.
160,
1,027,165
950,760
75,561
904,905
$1,847,720
$164,633
,
$171,244
$2,089,775
767
865
9,857
-
■
•
$2,099,632
$1,856,791
48,667
560,000
560,000
Net
from
7,055
2,156
1,675
Net
ry.
—V.
15,970
5,893
58,996
162, p.
$129,179
$1,533,509
$1,569,662
478,644
507,386
considered by the
/
,
'
1945
/
1944^
- ' 1943
$23,436,400 $17,285,045 $14,798,017
30—
12 Mos. End. June
•Profit
1942
$14,891,919
Deprec,, depl. & Federal
inc. & exc. prof, taxes
U5.795.162
11,343,907
9,810,686
8,172,119
profitY——$7,641,238
$5,941,138
$4,987,331
$6,719,800
$20)
Y
(par
shares
and
^
Oct.
Gross
:i
Expenses
•Fed
—„—.
taxes
operation
from
income
Federal
Depreciation
Net
1
6,196,100
810,000
—
990,599
.1,083,701
1,991,075
,203,336
$2,614,732
$3,501,796
fixed
$6 ,482,797
1,283.107
,342,617
Yin,470
289,414
Other
Net
860,062
3,283,133
•No
$143,934
$858,256
;
ry.
Crane Co.—Listing
The New York Stock
issued
were
—V.
V.
Net
stock
and if they are
when
$2
new
preferred stock in exchange
Common stockholders
'•
-V..
v
Gross
profit from
Selling expenses
Gen,
and admin,
oper._
—
Y
expenses
....
amort,——
Social security and unemploy. taxes
Prov. for post-war adj. and conting.
Prov.
Est.
for
Wisconsin
Interest
and
deprec.
income taxes—.—._
paid
—
———
profit from operations———
Other income (misc.)—
r
.Net
1944
1943
$4,655,111
1,116,518
$7,316,413
637,442
256,397
198,812
324,369
480,273
648,483
179,793"
374,858
500,000
result .from
$2,291,180
64,153
income
Fed.
(less
inc.
$6,075,035
post-war
INet profit
Earnings
161,
—V.
per
p.
exc.
credit)
$4,224,178
$2,355,333
—
and
prof,
taxes
———
for the period——
common share——
2785.
1,720,958
.
3,264,550
$634,374
$977,628
$0.96
$1.48
the
the Oswego & Syracuse
162, p. 7.
Securities—
Net
York, Lackawanna & Western first and refunding
bonds, series A, due May 1, 1973, and $10,000,000
New York, Lackawanna & Western Ry. first and refunding mortgage
4'/2% gold bonds, series B, due May 1, 1973, obligation and liability
Net
ry.
Net
from
assumed by the Delaware Co.—
Net
ry.
The New York Stock Exchange
mortgage
in
has approved the
162.
continued' listing of
7.
p.
'■ '
June—
Gross
4,948,305
$1,154,896
$1.75'
1 r
from
Gross
from
Net
ry.
from
Net
from
Net
ry.
—V.
-
Income
$7,540,020
3,433,041
railway-
oper.
From Jan.
Gross
1945 1
"*• ■
'
1944
$5,453,893
1,345,594
1,542,167
805,260
33,908.683
15,145,108
33,774,449
10,624,391
7,116,615
7,063,907
8,627,905
•
$4,215,403'
_
...
15,039,727
:
21,069,806
'
ry.
Gross
'Y..:
/
;
YY
railway—— Y
oper.
Y':
2,259,283
•
& Atlantic
income
1—
railway— *•
7,078,783
Net
5,514,318 i
Net TyY oper.
income-—
-
8,702,175
Ry.—Earnings—
1945
1944
^
-1943
$406,729 Y $365,008 • $394,054
69,234—
155,034
84,045
48,876
136,742 v
N
J
1942 Y
$364,943
103,337 *
' 81,013
Y. :
Y -''
2,137,576
railway-^-.—_425,772
from
from
,
3,194,482
1,635,592
•:,' Y,-Y' YY' Y Y YV"
3,309,177
' Yy
'
•
15,391,533-
railway—_106,757
From Jan.
railway-
oper. income
162, p. 245.
from
Net
1,509,502
1—
railway—..
'
june_
Net
j
15,358,704 12,353,832
6,177,961 * 4,602,438
15,793,735
6,396,495
1
oper. income
Gross' from
.1,766,749
1,573,758
38,429,390
-
1942
1943
2,718,870
1942
v
$5,575,538
4,095,580
1,293,295
977,780
1943
$5,421,310
3,698,126
Y
railway——
railway—'——
from
Duluth South Shore
-Earnings—
$5,990,583
1,888,950 £ 2,110,074
income
oper.
—V. 162 p. 246.
.
railway-
•
Ry.—Earnings—
1944
$5,835,227
3,854,018
1945
$5,387,746
3,471,393
from
From Jan. 1—
gold
respect of botfi issues having been
■V.
Gross
New
4%
Denver & Rio Grande Western RR.
$6,103,201
& Iron Range
Duluth Missabe
t-,.
139,795
28,166
directors
railway
from railway——
$13,639,000
.
.
Declares
The
merger will provide a
of $1,100,000 a year
mergers.—V.
'
June—
Net
Total
Est.
all
Engi¬
Quarterly Dividend of 30 Cents—
on July 30 declared a quarterly dividend of 30 cent®
per share on
the present 50-eent par value common stock, payable
Sept. 15 to holders of record Sept, 1.
An initial distribution of 60
cents per share was made on this issue on June 15, last, for the first,
two quarters of the company's 1945 fiscal year.
The common stock
was
split-up in March, 1945, on the basis of two shares of 50-cenb
par value for each $1 par value share then held.
Distributions of $1 each were made on the $1 par shares on June 20
and Dec. 21, 1944.—V. 162,
p. 246.
.
, ..
v.
-
the
that
merged, it was by far the most
little more than one-half
in fixed charges that will
16 leased lines to be
its
reduction
|'.
„
fornix,
He
YY.-Y.-- Y ':
Continued Listing of
331,747
$4,143,493
80,684
14,274
700,000
209,167
45,007
iTo~6oo
/
Binghamton and Utica from Greene, N. Y.,
that the proposal to merge
.
1,011,841.
Y.
-
'
since
total
the
of
.
1,102,218
1
pending
now
important
$9,461,552
542,372
•
only one of
was
-
1945
Months Ended June 30—
5,228,146
11,033,354
with the Interstate Commerce Commission for
approval and that the proposal to absorb the Warren RR. has been
submitted to the ICC.
He pointed out that while the Morris & Essex
';VV;
•
line between
the
White stated
is
RR.
Cutier-Hammer, Inc.—Earnings—
6
6,443,160
of
Utica.
Mr.
for the $2.25 preferred stock,
•••/
4,435,753
William White, President of the Lackawanna, announced.
this completed the absorption of all leased lines composing
line of
the Lackawanna from New York to Buffalo, plus
to
common
"
34,533,393
10,667,471
part
share.
additional shares of
940,799
39,946,249
14,105,862
.
main
ex¬
.
corporation on July 27 announced that, the California State
Commissioner of Corporations had authorized it to issue 35,078 com- •
mon shares in
connection with its acquisition of Security Engineering
Co., Inc., of Whittier, Calif.
'
Y "•
Y •• •« • ,
:
•■) ;
The transaction is based on
an exchange of one share of Dresser
common for 1%
shares of Security common stock.
Approval by Se¬
curity stockholders will be by deposit of at least 90% of the common ?
stock now held by Security stockholders.
With acquisition of Security Engineering Co., the Dresser group
will have
14 member companies, six of which are located in Cali-^_
which
said
industries, primary market#
Common Shares for Security
The
,
merged into its system the Morris & Essex
operated by the Lackawanna under lease since
been
v
neering Stock—
26
July
on
has
35,078
Issue
'
-
$6,256,747
-
Company
•'
Mallon, "are in preparation for post-war
of the promise of broadl
needs,
and
•2,115,767
1868,
will be able to subscribe for
stock on the basis of one share for each
six shares now held.
The company also proposes to sell certain shares
of both preferred and common stock to underwriters.
Date of the fil¬
ing and; registration has not yet been determined.—V. 162, p. 352.
for
share
Y
Improvements and the remainder for- increasing:
general funds.
moves," said Mr
"These
To
'•■ '■ •>:'
'
39,291,393
to .be raised immediately, $2,100,000 is to ba
retirement of short-term bank loans, $816,000 for.
of a minority preferred interest in a subsidiary,
for plant
$1,500,000
1,013,523
Y'Y y.-'Y'; "
38,054,257
8,434,300
2,006,763
the
for
$6,749,521
2,259.517
2,029,688
871,152
RR.,
changed for the new $2 preferred stock or are called for redemption.
After registration
with the SEC, the company is expected to offer
the
income
oper.
.
t
.
divided into series, with diviconditions subject to future:
$0,000,000
the
redemption
the company's
Y
1942
(Merger Completed—
on
July 27 adopted a resolution approving an
authorizing 275,000 shares of new $2 cumu¬
stock, eliminating 13,617 common shares held in the
treasury, and increasing the authorized common to 650,000 shares.
A further amendment to the charter was approved, eliminating
the
preferred
y'y''''
.
•
yY.y'.Y;
Y
president.
especially in view
developments in the oil and natural gas
for the .company's products.".
.
•Deficit.-'-
•
preferred
$2.25
income.—
1—
railway
from
ry.
'
railway——
from
$6,764,525
1,884,882
'•723,319
>
railway.
oper.
ry.
the
issued
proposed preferred issue Is to be
rate,
price and other terms and
Of
22 006,863
7, 580,838
4, 435,729
1943
1944
$6,653,857
increase
of 60,000 New Pre¬
of 120,000
value preferred stock, of which 60,000 shares
near future for added capital, according to ■
par
in
utilized
& Western RR.—Earnings-
.1945
;
'
v
will vote Oct. 11 on approving an issue
of new $100
be
business
railway.
from
Net
Capitalization Approved—
of
4,543,542
'
determination.
781,780
352. \
•
Net
stockholders
shares
dent
1, 492.228
23,305,194
7,035,161
4,246,795
25,692,603
6,992,536
2,607,345
income.—
'•From Jan,
amendment to the charter
225,000
1942
$3,888,856 '! $4 ,050,055
751,753
•
..
Vice President—
made Vice-President and Sales Manager.—*
Industries, Inc., Cleveland, O.—To
Mallon,
N.
The
1,196,998
352.
p.
yy::Yy::/v,.Yy
1540.
p.
shares
H.
1943
'
24,231,321
5,081,779
railway
p.
from
Gross
of 160,000
authorized
"vv
161.
the
railway
oper.
162.
Gross
352.
•<
lative
998,188
471,569
June—
Seal Co., Inc.—Exchange Proposal and
iCrown Cork &
The
—
income
Delaware Lackawanna
Shares—
Exchange has authorized the listing
which are
V
Increase in
from
Net ry.
Net
of 3%% Cumulative Pfd.
preferred shares (par $100),
on July
17, 1945.—V. 162, p.
cumulative
1944
$4,119,475
1,023,421
581,364
$4,133,050
162.
The scockholders
-
Corp.—Earnings—
1945
railway
oper.
from
Gross
4?,
;
V.:
■
$6.94
' Y
■
of
Capitalization and Proposed Issuance
ferred Shares—Y
From Jan. 1—■
for the first six months of 1944,: it is
will benefit from the unused excess profits
credit carry-back provision of the
Federal income tax laws to the
extent of $405,000.
This amount is not included in the above figures
and is equivalent, after preferred dividends, to 16 "cents a share on
Common stock.—V.
161, p. 1995.
Y .YY-Y Y-Y;
,;Y Y..
•
$3,555,244
$1.41
profits taxes.—V. 162, p. 352.
railway.—
from
Net
/''■
i';:
from
Gross
estimated that the company
rJ'
provision for excess
■June—
$1.24
$0.96
$1.24
$724,672
$2.26
Y.—V.
Dresser
,350,591
$1,159,683
all
and
N.
would
$148,471
...
1,204,603
$0.48
.
on
500,000 shs.
400,000 shsi.v
the Toronto Stock ' Exchange has'
Co.—Calls Two Debenture Issues—
Ralph De Palma has been
earnings
of
basis
the
664,578
$248,002
...__
shares
these
To Be Issued
Authorized
!
Doyle Mfg. Co.—New
de¬
Delaware & Hudson RR.
860,062
3,283,133
—
...
Earnings per share
3%%
York,
V.
share——
per
announced '
has called
company
interest,
570,163
income
'
outstanding 10-year 214 %
>
144,688
charges
Earnings
;
Net
Deficit
•On
,
•
——•
;
234,345
de-'
property
deprec. and
Net
860,062
3,283,133
_
dividends
projects
$1.03
for redemption on Sept. l, next, all of its
debentures due Sept. 1, 1950, at 101 \f% arid
the outstanding serial debentures due annually
Sept. 1, 1946, through Sept. 1, 1950, at 100 and interest.
Payment'
will be made at the Guaranty Trust Co., trustee, 140 Broadway, Newr
,981,939
1,803,154
%■
Depreciation on railroad
$3,994,724
$3,999,261 *$3,284,939
dividends
Preferred
474,085
■
income taxes, etc..
profit
Common
fense
.
Dow Chemical
The
162,889
$1,542,004
—.
railroad
of
Amort,
$6,895,733 $12,969,703
517,794
654,979
2,283,000
7,570,000
810,000
750,000
Federal————!.
State
&
$11,479,446
...
—
excl. of
Taxes,
—_
—
„——
pletion
1944
1943
$6,269,396 $12,337,790
626,337
631,914
-
income
Total
Bal|nce
Subs.)—Earnings—
1945
$10,741,038
738,408
June 30—•
6 Months Ended
Other
charges
listing .of
approved.
been
.037,000
992,762.
897,784
income —
on
Fixed
July'28 by a group of underwriters headed
by Stern Bros. & Co. ot 10,102 shares of the unexchanged and unsub¬
scribed $3 preference 'preferred stock, series A (par $100), at $65 va
share.
On July 17 the underwriters sold 15,000. shares of stock at the ;
same price.
The outstanding preferred, In the amount of 34,577 shares, "
was entitled
to subscribe for the new stock, share for share.
A total
of 24,898 shares were exchanged or subscribed.
See also V, 162, p. 454.
,
and foreign taxes.
Ltd., Toronto,, recently
(no par value)
The
;
>
72,997
$0.93.
—
redemption and Federal, State
for
Capital stock
579,151 V s., 673,001
taxes
income
301,157
307,146
shares outstanding—^
t
.
721,000
737.000
77,300
228,000
61,797
income..
on
Canadian
Stock Offered—
Refining Co. (&
...
...
767,02®
311,02® '
832,868
312,868
Canadian market of 50,000 shares of cap-"
ital stock (no par) &t $8 per share.
^
% i »
Transfer Agent and Registrar—The Trusts & Guarantee Co. Ltd.,
Toronto.
*
;
Capitalization (upon completion of the present financing)
t*
offering was made
Corn Products
—
.....
profit
•
1944
$5,050,038
1945
$6,053,647
,
i
—
1945—3 Mos.—1944
.
Taxes, other than taxes
Public
Chemical Co.—Earnings—,
30—
the sale in the
1
Coal Co. and subsidiaries)
1944
1945—6 Mos.,521,982
$19,274,423 $21,671,146 $39,588,755 $44
,654,021
31,498,733
15,552,076
16,167,814
Period End. June 30—
-
Proceedings—The ^semi-annual report- notes that re¬
negotiation proceedings have been concluded for 1942 and 1943, result¬
ing In no refunds to the Government for those years.
Y T
'Renegotiation proceedings with "respect to the years ended Dec. 31* •
'1944 and 1945, have not yet been started, but it is believed by tho .
management that no adjustment of the company's profits for those
years will result therefrom,—V. 161, p. 1878.
■ ' 1 •
Y": v •Y
v • Y ,Y-"
' vy'Y^Y'Yw -Y
) Dominion Magnesium Ltd. — Stock Sold — McLeod*
(Includes Income of Hudson
2,853.971
Varnish Co.—Pfd.
Cook Paint &
' 385,233
Renegotiation
Sept. 1 to holders of record Y
of $1 each paid on Sept. 1 ,
"
1,090,644
464,798
132.
p.
sales
called
cents per share on •
of 75
1,252,358
.'After depreciation, obsolescence and all charges other than allow- .
ance for taxes.
tAfter all charges, including 'premium on debentures
.
(& Subs.)—Earnings—
Delaware & Hudson Co.
share.:
per
dividend
a
2,232,855
362,832
s
2,853.971
2,853,971
2,853.971
$2.62
$2.08
$1.75
$2.35
"After all charges,
but before depreciation, depletion and Federal
taxes,
tIncludes $9,721,941 income and excess profits taxes in 1945
and $7,203,819 in 1944, and $1,000,000 for inventory price decline and '
other contingencies in 1945.—V. 160, p. 454.
outstanding
declared
stock, no par value, payable
This compares with dividends
16,
1944.—V. 162, p. 454.
10.
Aug,
have
directors
The
the common
-
2,101,46®
2,297,287
1,191,732
Young, Weir & Co.,
Co.—Declares Smaller Dividend—"
Deere &
41,373
^';'. y.:/■. .v.;: Y-;
347,470
Earnings per, common share
Offered—Gairdner &
annum.—V. 162, p. 132.
70 cents per
which is at the rate of
)' •"
/♦
•
127,212
2,301,362
1,160,682
•Operating profit
Inc.—Earnings—
Wholly-Owned Subsidiaries)
(Including
Net
...
and sell at com¬
35,230
income
6 Months Ended June
Co.,-Ltd., recently offered in the Canadian market 50,000Y
shares (no par) Class B stock at $12.25 per share.
'Transfer Agents—Montreal Trust Co. and Eastern Trust Co,
Reg¬
istrar—Toronto General Trusts Corp.
.«
'; ■• Y"" ''-v-Y •'
The listing of the class B shares on the Toronto Stock Exchangehas been approved. * *
'■.: ■ - • - •.
/
1
^ *''»' • - ' • • t >
•Capitalizatibn— '
"
Authornzed
Y/- Issued
**
Class A shares
(no par)
150,000 shs.
100,000. shs.
Class B shares (no par).—..-.—I——
500,000 shs.
156,869 shs.
The directors propose to declare the next quarterly dividend (Sept. 1, "
1945) in the amount of HVfc
cents per share on the class B shares
Co.—Hearing Aug. 16—
Continental Can Co.,
162,
tNet
Co., Ltd.—Stock
50,906
49,179
railway.—.
oper.
Common
Davis Leather
1942
$291,571
"■'•"•Yy/.yYY•YY/'/:YyY
Dewey & Almy
274,546
$127,648
stocks
to pfd.
454.
'
1943
$281,712
117,903
$1,295,116
$1,474,513
$123,286
$111,678
1944
$302,988
125,540
-Y1yyy
railway..—
from
$172,109
46,667
surplus—L__
applic.
—V.
'
company's proposed refinancing plan will be
Aug 16.
The company proposes to issue
Profits
Gross
•") $165,400
,
income—.
From Jan. 1—
Transfer from surp. res.
Divs.
1945
railway
.'1
65,119-
*
j
Line RR.—Earnings—
$329,728
139,939
railway
from
from
Net ry. oper.
9,071
^
4,252.972
1,833,47®
.981,853
*
June—
Net
128,061
Y.
4.734,074
2,026,090
7.
p.
1942
>
$602,728
232.703
120,518
171,205
YYy.yY' Y-Y/:
4,924,516
2,414,121
1,123,439
1,323,383
89,098
•
392,237
-
1943
$668,017
260,566
1944
$645,862
199,293
■
...
1—
162,
Gross
—
495,336
railway
Detroit & Toledo Shore
528,744
—:—
income^
Y
income...
Jan.
Y'-'Y
453,367
int.
.Net
'
829.
p.
on
Earnings
—V.
84,430
mtge. bonds-™;
and deducts.
on
Other
petitive bidding $113,825,000 of 30-year bonds and borrow $15,000,000
from banks on Instalment notes.
The proceeds with other funds in
the amount of $12,000,000 would be used to retire its $113,825,000 first
mortgage bonds and 191,924 shares-of $5 preferred stock requiring
approximately
$140,803,720 including premiums, but exclusive of
accrued interest and dividends.—V. 162, p. 454.
*
Net
Net
,658,361
,258,946
454.
Consumers Power
The
,697,898
75,786
revs....
oper.
Net
3,798,717
1,869,941
156,724
88,012
Gross income_..„
Int.
$51,614,071 $52,134,349
—-——
1944
1945—12 Mos.
$9,690,503
'
income
Other
100,181
Redeem Bonds—
The corporation has called for redemption on Sept. 1, next, all of .
its outstanding collateral
trust 6% sinking fund income bonds due
Dec. 1, 1951, at 100 and interest.
Payment will be made at the Mer¬
cantile Trust Co. of Baltimore, Calvert and Redwood Sts., Baltimore, ;■
-
oper.
from
63,64®
.
1,176,52®
250,44®
RR.—Earnings—
1945
•
$625,673
158,936
-
—
31,274 j
393,946
4,860,021
from railway...—2,018,777
ry. oper. income...
1,114,145
311.885
156,545
_
24,150,000
Consolidated Title Corp.—To
and
Net ry.
$799,665
taxes
Balance
•
railway
from
Net
,
1,493,066
413,133
420,839
YvYY/YY^
railway
from
Gross
Prop, retirem't res. app.
40,756
40,756
—
.
—
161, p.
Com.
7. Y'Y
p.
•
'
1,621,740
279,703
••
Detroit Toledo & Ironton
340,534
expenses
taxes
!
15,520,000
130,393
reserves
cumulative preferred stock ($100 par)__—
stock (1,075,429 shares no par).
•
income
oper,
June—
$825,689
revenues—
Depreciation
3,924,618
299,651
Common
Paid-in
1945—Month-r-1944
341,791
insurance reserve—
Miscellaneous
Period End. June 30—
210,725
payable on preferred stock
Dividend payable on common stock
Accrued Federal income & excess profits taxes.
Salesmen's guaranty deposits
;
JNotes maturing semi-annually 1945 to 195G——
SEC
railway......
162,
Gross
Light Co.—Earnings-
591,927
—.
Dividend
—V,
Goldman, Sachs & Co.
Dallas Power &
$1,205,363
392,079
>————-
estate and sundry taxes—
Accrued interest
Accrued real
:
—V.
From
Accounts
8%
Net ry.
1
1,476,984
278,477
railway....
-
Liabilities—
Fire
1—
from
Net
heads the underwriting group.
of the presently outstanding
of 7% cumulative preferred
stock, and to provide working capital.
Any shares of 6% and 7%
preferred not exchanged will be called for redemption on Nov. 1, 1945,
at 103 and 108.50 per share, respectively.—V. 162, p. 352,
shares
Jan.
from
Gross
of the issue is to retire all
of 6% and 65,505 shares
The purpose
20,000
income.
From
stock
by amendment.
571,720
26,805,697
6,831,405
oper.
ry.
\.
1942
•
$206,88®
38,440
1943
$194,508
18,054
27,558
stock will be given an opportunity to exchange their
on a share-for-share
basis for the new preferred, with a cash adjust¬
ment,
The shares of the new stock not issued under the exchange
offer, together with the remaining 14,495 shares, are to be sold to
underwriters who will offer them to the public at a price to be filed
preferred
$51,614,071 $52,134,349
—
$264,528
8,720
65,006
Net
and 7% cumulative
outstanding shares of 6%
85,505
of the
Holders
1944
1945
Gross from railway..—
$250,067
Net from railway—43,702
June—
ment.
.
839,306
'
^r-•—
and
Plant
preferred stock
2,996,657
1,260,822
143,078
—
has
Company
'44
$oqqr'^7
June 30, '45 Dec. 30,
'
Assets
Cash
TJ. S. Treasury notes,
Ry.—Earnings— f-'-
Salt Lake
Denver &
Co.—Registers New Preferred—
registered with the SEC 100,000 shares of cumulative
($100 par). The dividend rate will be filed by amend¬
Cudahy Packing:
Balance Sheet
Consolidated
Monday, August 6, 1945
CHRONICLE
& FINANCIAL
THE COMMERCIAL
566
'
2,133,386 - 2,000,892 - 1,892,322
501,442 - - 577,407
4.97,843
308,272 * - 366,230
••
436,338 -Y- 356,471
Volume 162
Ebascp Services Ihc.—Weekly Input—
(E. I. du Pont de Nemours & Co.—Earnings—
;
For the
6o)npanies)'
(Including Wholly Owned Subsidiary
'
ferred stocks
week ended
_
—
15,953,767
17,654,109
8,226,540
8,933,759
™_-
portion >
'
and
The
for
lia-
-
*
<&
repricing Acts-30,580,000
'
Oper. income (net)
t)ivs. from General Mo-
11,274,213
'■
v-
9,204,366
22,657,022
7,500,000
7,500,000
15,000,000
109,719
142,719
Ur385,237
208,069
817,172
315,951
7,224,482
8,525,241
15,458,670
cq.
owned
_J
not wholly,
—
MiSC. Other inc.
Total
(net) _J
Prov. for Fed.
other
from that
'
—
taxes
inc.
920,000
950,000
13,688,670
36,345,692
3,799,913
Other
Net
income
inc.
pivs,
pfd.
on
Balance
6hS. Of
1,899,957
15,648,738
14.909,650
11,109,682
: 11,113,755
27,789,423
$2.93
——
-
$1.41
share
a
their consummation, the company will, as authorized by the
.apply to the SEC for exemption from the provisions of the Act.
upon
Brief
30,252,556
11;109,697
27,774,126
$2.72
32,545,779
11,117,871
outstdg.
earned
conformance
:of
„
Stock-
Stk.
dividends
Amount
1,899,957
-
14,956,759
34,052,469.
3,799,913
applicable to
com.
Common
7,605,241
16,809,607
.
period
stock——
common
-
6,274,482
17,548,695
(net)—
the
for
$1.34
',1. The. following
in
capital
the
of
.annual
Sheet, June 30
Balance
(incl.
tAccts
U.
Inventories
Misc.
172,084,483
(net)——,
profits
and
and
at
approx.
Goodwill,
247,000,000
:
U9,271,575
14,637,992
charges
■
v-
——w—
'
Accounts
V.
S.
~*777contract
Govt,
Dividend
.
1,838,377
1,772,302
,
.
stock
'
V.
8.
advances
Govt,
1,899,957
21,400,642
:
-
15,535,534,
lia-
related
and
.
.
.
«♦.—
.
s
Electric Co.
>
.
stock
Common
in
• /
Total
the
Drl,836,6i8
shares af; $2540. in. 1945 and $24.70 a share in 1944.
fAfter deducting doubtful accounts: 1945, $3,739,814; 1944, .$3,330,>,743.- "tlncludes refund: bonds received of $5,984,194,
§ After deducting
\ >*10,000,000
.XT.
£f. Government securities:
v. 162;
/
/
352.
p.
1945,
*
'
$7 preferred
7
:
Option'
.Gas & Fuel Associates—Earnings—
Eastern
tCuban
12 Months Ended June 30— •■
1945
1944
Total consolidated income—
—$15,594,739 $16,198,6J7
Interest
debt
and
5,189,535
2,308,465
preferred
$5
4,924,713
5,386,157
discount-.*.——
6%
2,854,062
17.001
88.98
51,840 shs.
937,221 shs.
3.1"17i
485 shs.
—
Corp.: ,7
7y'$7.-preferred, -7--—7*—1—7
—
$3,538,012
piv. requirements on Vk %: prior pfd. stk.__._
1,108,729
1,108,729
^V
income
.09]
5.30)
Balance-before *State taxes on dividends—
.
Earned per share of 6 % pfd. stock——
.
$2,429,283
$6.49
'
$2,121,578
Common—^—
'
Ebasco
■
is inviting bids for the purchase as a whole from
jt of $40,000,000 first mortgage and collateral trust bonds, series
due 1965.
Bids will be received by the Association at Room .1208, 250'
'
'
Stuart
6,
;
16,.Mass., before 12 o'clock noon (EWT) on Aug.
Each bid. shall specify the coupon rate (which shall be "a
1945.
Va
multiple of
elusive
of
7 p. 133.
of 1% )
interest)
accrued
;;:,:7:;7,7.7\ 77 ;7.;
7 '.r;:..;
'
Option
,
•'
•
the
the
•
162,
*
Period End. June 30—
Ry.
oper.
revenues—
agreement,- for
'"'7
annum.
Ry. oper. expenses——
1945—6 Mos.—1944
1945—Month—1944
$1,142,131
738,886
$7,140,991
4,692,458
$1,142,603.
763,065
$6,931,882
4,441,896
252,701
250,228
1,487,287
$129,310
3,289
$961,246
20,597
$930,652
21,651
$153,630
$132,599
$981,843
25,381
27,551
150.482
—
67,836
66.792
397,628
404,362
$60,413
$38,256
$433,733
$382,189
1
v
"
Other income.,
Gross
'
Int.
•
on
incomefunded debt, etc.,
corp.
.deductions
'
>
-
•
income
..Luther
H.
Atkinson
sales, effective Aug.
Of the
has
resigned
3i, 1945.
as
Vice-President
.
'
with
;
In
charge
of
.
the proposed
company
ultimate
At the present time and pending
oapital structure of Pennsylvania,
stocks
of
the
company
number
a
retirement of such stocks.
..
by the court to
application is made for the enforcement of this Plan II arid shall
be-a date not less than 15 days after the
mailing of a notice io the
holders of record of the preferred stocks of
the company.
;
6%
debentures was reduced
>
:
as
7
has approximately
66,000 common stockholders.
:
21,000
;
.
7(1) Pay
contribute to
American, in settlement and for the
company
discharge
of
the
claims
against
subsidiaries;
(3)
of
and
$6
oi
been
or
the
•
:
American
received
Sell for cash
(5) Sell
holdings of
for
cash
common
Pennsylvania
not
(or
in
or
its
wholly-owned
such
other
securities
of
American
as
may
exchange
otherwise
or
otherwise dispose of the
stock of American
used
provided in Plan II;
(6) Sell for cash
stocks company
will, pursuant to
:this Plan I,, pay to each of the holders thereof, without regard to
'class, $30 per share in cash as a distribution of capital.
On the effective, date of this^^ Plan 1, the company will make avail,7 able at the office of a designated agent funds sufficient for the pay¬
ment of $30 per share on its preferred stocks as a distribution of capi¬
tal.
As of the said effective date of this Plan I, the designations, preferences and privileges, and the restrictions or
qualifications, of all of
the outstanding shares Of the $5 and $6 preferred stocks, respectively,
;
will be deemed modified to the extent necessary to reflect the $30. dis¬
tribution of capital made available with respect to each share of such
and
company
otherwise dispose of the balance of Its holdings
therefor);
7.
dispose of the balance of its holdings
or stock and
option warrants to purchase common stock;,of Electric
(or such other securities of Electric as
may have been (received, in
exchange therefor);
7
t
■
(4)
,
of Plan I>
preferred
wholly-
...
Seil for cash
stock
have
Outstanding
203,012 ehs.
840,263 shs.
5,250,357 shs.
initial step in the proposed retirement of all of its outstand¬
$5
its
°I contribute to Electric in settlement and for the complete
for
the
"
.
*
balance/if any;,of its
Gas, Birmingham, Carolina and
retirement
of
"
of
and
■■■
com-
subsidiaries;
7>
preferred stockholders and
.
or
( '.-v
will;
plete^discharge of the* claims against the
owned
>
of June 30, 15)45
Authorized
company
Outline of Plan III
:
.
The
period to Nov. l, 1945, to a rate of 4V2 % per
7 ,;7;-7r > ;>"7'--_;
company
ing shares
of
distributed
in connection
^The effective date of Plan II shall be determined
2.26
4.43
"
As the
He will, however, remain as a member
board of directors.—V. 162, P, 8.
779,051 shs.
stock I no pari——7—7
903,312 shs.
$fi preferred stock, (no par)—2,184,613 shs.
Common stock ($5 par)—20,000,000 shs..
■
Elastic Stop Nut Corp, of America—Resignation—
"
"
2.36
Cuban Electric Co.
Outline
165,752
7. —V. 162, p. 455.
the
the
Of National and by
as provided in the
which
793.362 shs.
Capitalization of the .Company,
'
The
•
Pepreciation
Net
on
$952,303
—
Profit
stock which
stock of Pennsylvania,
preferred
Corp.:
% $5 preferred
1,559,334
$150,544
3,086
—
Taxes
100.00
stock of Pennsylvania which the
distribute in connection with the
common
is not practicable to
specify in this Plan II anv definite
shares of the common stock of
Pennsylvania that may be
to the holders of the
'
$100,000
common
further clarification of
•
The
•
100.00
7—7_77—
tThe interest rate
by
-
100.00
new
it
dated Jan. 22, 1944,
maturing one. two. three; and four years after date, respectively, and
one note for $18,000,000 maturing five years after date.
The note due
Jan. 22, 1945; has been extended to July 22, 1945, with the approval
of the-Commission;
Application has been made to the Commission for
approval of the further extension of this note to Jan. 22, 1946.
7
-v
Eastern Massachusetts Street Railway—Earnings—
77
46.56
—;
warrants
46.81
i8,900 shs.
common
plans of National and Pennsylvania.
73.57
46.56
The
,
•"Represented by four notes for $3,000,000 each,
(ex-
7;77:.7:'v7;?.
.——
National.
t
Boston
to be borne by the bonds and the price
to be paid to the Association for
bonds, which price shall be not less than the principal amount of
'bonds and-not more than 102%% of such principal amount.—V.
'
—7:
Common
of
subscription to
2,540,450 shs.
and Carolina which the company
the retirement of its; pre¬
is to acquire "upon thq dis¬
to acquire in connection with the dissolution.
;
18.59)
57.23'
a change in the number of shares of
held by National and the recapitaliza¬
company contemplates that it may
retirement of its preferred stocks is
•
1,976,638 shs.
393,408
——_
.'Commonwealth &-South.
company
St.,
.
Pennsylvania,
proposes to distribute in connection with
ferred stocks, are common stocks which it
20.70
77
Services, Inc.: '
stock
Account, receivable
Seeks Bids for Bond Issue—
The
'v;
—;
Option warrants, 7-—7—
Power, & Light Co. com.
Nat,
Capital
'/
13,905 shs.
of
The cominon stocks of Birmingham
,
second- preferred.
$7
$3,230,307
Net
stock
stock oL Pennsylvania
"
17.51
"
,
affected
are
solution
_
7
—
Elec. Power & Light
Company is also advised that Pennsylvania
near
tion -and refinancing of Pennsylvania,
.
18.89
the
common
25.87
846,985 shs.
such.
as
in
the'company and National
common
40.20
j
5,812,884
■;
7 ! - Common
')
40.20
common
file
future with the Commission a
plan, in
will join to the extent that their
thereby, which plan includes, among other things, '
proposals relating to the subscription by the stockholders of
National,
including the company, to a substantial number of additional shares of
which
'2.881
debs. $19,500,000
77——7—
Co.,
to
proposes
Power & Light Co.:
Amer.
.
4,362,105
for income and excess profits taxes—
Pepreciation and depletion—
:
Prov.
warrants
Electric
Amer. Gas & Elec. Co.
v
'
% of Vot-
83.98
whiclk
to file with the
in which the com¬
proposes
connection with
such dissolution; for the
complete compromise,
and discharge of all claims against the
company and its
wholly-owned subsidiaries by and on behalf of National, Its subsid¬
iaries (and. certain of its former subsidiaries) and their
respective
100.C01
881,500 shs.
National
in
interest
13,800 shs.
7 65,809 shs.,;
2,158,236 shs.
77.7-1—7—
preferred.;. 7_7-777,_n7_7_
$7 second, preferred——77-_w
Common —7——7—7—
that
-settlement
Outstand'g ing Power
Amount
,
$6.
■.y:-..;;;y-
.
.
^'*3%-(notes7.——7—17717-_7._ $30,000,000 7:7
;
1944, $166,015)907.—
•
:
$150,226,500;
advised
company
.
Amercian .& Foreign Pr; Cc.. Inc.:
:
is
National
of
46.56%.
security holders
% of Total
Company.65 Security—
-
;
Commission, as soon as practicable, certain plans,
pany wiir join to the extent that its interests are affected
thereby7
Company is further advised that such plans to be filed by National
will provide for the completion of the dissolution of National
and,
(following'securities:
——
owns
company
The
The assets, of the company* as of June. 30, 1945; consisted principally
'of .$20,900,000 in cash, $30,068,000 in U; S. Government bonds, and the
1,135,282,714 >
1,194,597,765
a.number of shares of Pennsylvania Power & Light Co.
and/or other securities and/or cash which will be
amendment to this Plan II.
'
'
which owns all or substantially all of their common stocks.
(has outstanding one-class of stock, namely common stock,
353,043,824 ;... 7
——
.
-
a
of
.
.
i.
stock; % of
,
a share of Birmingham
share of Carolina Power & Light Co.
»/4
,common stock and/or other securities and/or cash which will be
' specified by .amendment to this Plan II.
Company does not now own directly any Of the common Stocks, oi
4
Birmingham - Electric Go., Carolina Power & Light Co., or Pennsylvania
Power & Light Co.
These companies are now subsidiaries of National,
'
i
stock;
common
(b) For each share of $5 preferred stock 4/s of a share of American
Gas & Electric Co. common stock; Vs of a share of
Birmingham Electrie
Co. common stock; */3 of a share of Carolina Power &
Light Co. com-
.
y.
common
specified by
i
•
-
to the modlfor the period during which
stock
common
■
-
fair and equitable)
'.common stock;
..
377,474,942
Br75,378
by the court-as
:iG^s■;and Electric Co.
•
—:U-'.
treasury—————
speci¬
of the
^ consummation of this Plan- II, the company will distribute to the
holders of its preferred stocks:
-;._;t777' $■>
77.-;.. ['■ ■'
;
(a) For each share of $6 preferred stock % of a share of American
-
Surplus
of the-
and
rates provided for in Plan I,
said modified rates were paid or
payable.
"
-
shares
common
stocks now owned or to be received by the
connection with the dissolution of National, and (2) a
of coirimon stock of Pennsylvania Power & Light
mission and approved
securities which
a
of
number
shares
\fled dividend
holding
Inc.,
the
subject to the approval of the Comriilssion and court)
result in the receipt by the holders of the
preferred stocks of the com¬
pany of an aggregate amount of securities and/or cash constituting the
equitable eouivalent of the rights of the holders of such preferred
stocks, subject to any adjustment (which may be found by the Com¬
( wholly
i
.
(1)
such
in
of
company
own of public utility holding companies whose
the United States and of all securities which it
company,
the public utility subsidiaries of which operate
in foreign ^countrjes J (2) the. stock and-debt of Ebasco Services,
company furnishing operating,
engineering, design and con/ bilities;,less changes in .process (Of set^ .*■'/.
1 *
"
'
; 7 struction,
purchasing, - appfasal, tax,, insurance, • industrial 'felatiuns,
...tlement (contra)——
;
27,993,840
•
—
rate, sales,raccounting^Ybudget;. statistical, research, and other general
>
SFed. taxes on inc., and. liability with re• t
'
advisory -and consulting services to'public utilityand industrial com"J
spect
to renego. of war matls. con,
,
f,. panics;' (3) cash; and miscellaneous current assets.
7
;
7
v
tracts
(est.) •
6,895,374
7; 10,229,076
The company will have ceased to be a holding company with respect
.Other accrued liabilities
—25,023,516
26,509,884
(to, and will; derive no income from, any subsidiary company the
Prov. for awards to employees under bonus
^ '^principat1 business of which within the United States is that of a
^
plan
7 7,437,533
■
5,472,632
rpublic utility, company,, and, upon consummation of Plans I, II and III,
Reserved for pensions;.—i—;—._——36,183,292
• - 37,385,263 7
It will apply to: the;G.ommission; pursuant to the, appropriate sections
'»Reserve >for depreciation - and obsolescence >.*■• 257,606,637:xc 226,035,226
7'of the Act. " to - exempt- it (and its subsidiary companies from the Act
Reserve for-insurance andl "contingencies
32,900,359
> 32,461,989
7 and each ^and every: provision thereof.
'Preferred -stock
168,885,000 >..168,885,000.
>r
V
V '.Assets and .Liabilities
,
;
Coramoh stock
($20l.par)_-_—_
222,450,240
222,450,240
.
'Misc. acrts. payable, advances, etc*-;,—:.
retirement' thereof,
and/or other securities and/or cash which will be definitely
fied by amendment to this Plan II and which will t in the
opinion
Plans I, It and III are interrelated.
Upon consummation of these
plans the company believes that it will have complied in full with the
requirements of Section 11 (b) of the Act.
Its sole remaining assets
will consist' of (I) securitiefe of American.& Foreign Power Co., Inc., a
i
16,735,249
*
f
then
II
Co.
may;then own of public utility companies operating in the United
7 States.
This plan also contemplates the settlement of certain claims
against the company and its wholly-owned subsidiaries by certain
(subsidiaries and former subsidiaries of the company.
,
>
7 7" 7
——
—
may
company
subsidiaries operate in
f
1.194,597,765 ,1,135,282,714
advances
payable on pfd.
the
481,058,767
40,016,891
•777:7 ;*: :77y;;>777''-77: 77'7.777;7777;.¥777'-7--"'-7.
16,286,876
14,610,350
7'-:7 ;
trade
payable,
of
number
'
,
Plan III provides for the sale or other disposal of all
;
25,738,082
494,381,002
40,275,190
■
provides for the
stocks through
the
A portion of such
II
sidiaries).
14,637,668
23,461,986
cost—
Total
;
•
patents, trade-marks, etc
Deferred
;
—
254,000,000
.
investments—.
properties,
7 ■' Liabilities
•
.
respect
tax
securities
Plants
13,119,029
,
26,980,743
stk.—x-——
to excess
com.
with
(est.)—
Becurs. of controlled companies not wholly
owned, at cost^—
Other
:
cori27,993,840
•General Motors Corp.
credit
46,685,923
8,170,651
receiv., advances, etc
to. U.
S, Govt,
(contra)-—
Post-war
160,838,873
47,035,987
.
the
of
shares
completion of the retirement of the,pre¬
ferred
distribution of certain securities and/or
■cash.
securities are common stocks which the
company
will receive in connection with the dissolution of National
Power & Light Co. (National), a subsidiary of.the company, pursuant
to plans which the company is advised are to be filed by National
and certain .of i<;s subsidiaries with the SEC at the earliest practicable
date.
Such plans of National will also provide for the settlement of
all claims against the company: and its wholly-owned subsidiaries by or
on
behalf of National ana its subsidiaries (and certain former sub¬
83,737,514 .77 85,143,599
restricted
tracts
pletion
-
-
.
Plan
of
,common stocks of American Gas and Electric Co., Birmingham Electric
Co. and Carolina "Power & Light CO., being substantially all of the
,
-
Outline
■
dividend rates (subject to^any adjustment which, subsequent
of the Commission' and the court approving Plan I, may be
by the Commission and approved as fa.ir and equitable by the
Plan
:
The company will distribute to the holders^ of its
preferred stocks
.(in addition to the $30 per share payment provided in Plan I) in com¬
company
„——
accts.
Funds
:*i
tr$de
as
payment
court).
advances)!
Govt,
S.
and notes receiv.,
provides,
orders
found
7
Cash
the initial step in the retirement of all of the
stock of the company, for an
of, $30 per share on such preferred stocks, as a
distribution; and for a consequent moidification of the rights
preferred stockholders, including a reduction of 30% in the
I
Plan
immediate
....
Assets
as successive steps
compliance with the Act:
.
will be consummated
three plans
outstanding shares of $5 and $6 preferred
to
Consolidated
Act,
Summary of Plans
the company's general program Of
7
,
Note—Company's equity
in profits of controlled companies not
Wholly owned exceeded the dividends received from such companies by
approximately
3 months 1945; $651,000;
1944, $255,000; 6 Months
1945, $1,056,000; 1944, $700,000.
'
7
recapitalization plan filed by United Gas. Corp. under
in cash in liquidation of its
the United Gas System, formerly its second largest
present plans represent the final steps in the company's program
- with
the; Public Utility Holding ; Company Act, and
The
7
court
application
Simultaneously with the filing with the Commission of the present
plans, the company is applying to the Commission for approval of this
Plan 1 and the company is
requesting that hearings be held as soon
as practicable with
respect to Plan I.
The company is also requesting
at the time of the filing of the
present plans that the Commission, in
the event that it approves Plan I, apply to a court to enforce and
carry
out the terms arid, provisions of such Plan I in 'accordance
with the provisions of Section 11(e) of the act.
The company's re¬
quest that this Plan I be approved by the Commission and a court
includes a request for approval by the Commission and a court of the
proposal to retire all of the outstanding shares ipf the preferred stocks
of the company.
The manner in which the retirement of such pre¬
ferred stocks- will be completed after the consummation of Plan I is
contained in Plan II, wherein the company proposes to effect the com¬
pletion of such retirement by the distribution to the holders of its pre¬
ferred. stocks.of certain securities and/or cash.
Company is requesting
that the manner of the completion of the retirement of its preferred
stocks be approved by the Commission and a court in connection with
the approval of Plan II.
: v 7
7
a
Investments; in
which
the $30 payment.
Share received $44,000,000
1,735,000
1,770,000
•
company
source;
which Bond &
A
portion)
registered holding
a
Joined in
(3)
•;
on
(allocated
.
under the Act and, as
its opera¬
tions that is can be exempted from the provisions of the Act.
!
The company itself, in taking three major conformance teps, has;
(1) Purchased and retired $41,237,500 of preferred stocks at a cost
of $32,323,882 with a resultant-annual dividend saving of $2,377,262;
(2) Joined in a recapitalization plan filed by American & Foreign
Power Co., Inc., which; when completed, will .establish the status of
Bond & Share's largest investment and make possible increased income
16,691,759
control,
'7 '
■
is
Company
208,069
1,483,690
'
provisions of Section 11 (b)
such, must meet the requirements of the. Act or so arrange
15,000,000
—„
the Act.
of
19,095,710
tors Corp. com. stk—
Income from invest in
/
the
of
enabling the company to comply with the
65,455,000
60,450,000
31,590,000
filed on July 25, 1945, with the SEC, under Section
Public Utility Holding Company Act of 1935, plans
company
(e)
11
.
for the enforcement of this Plan I is made and
shall be a date not less than 15 days alter the mailing of a notice to
the holders of record of the preferred stocks of the company.,
Such
notice, which will be mailed by the company as soon as practicably
after the entry of orders of the Commission and court approving thia
Plan I pursuant to the act, will advise the holders of such preferred
stocks that they may obtain payment of $30 per share as a distribution
Of capital on and after the effective date of this Plan I (within the
time limit hereinafter provided) by surrendering their stock certificates
at the office of a designated agent of the company for the purpose of
having such certificates stamped with an appropriate legend evidencing
Electric Bond & Share Co,—Plans Filed with SEC—
7
bility under renegotia¬
tion
~
to
and
Inc. (allocated
be made thereon.
be determined by the
any way altered by the S3Q. payment to
The effective-date of this Plan I shall
•
on oper.
of the pre¬
and $6-preferred stocks shall
the $5
either in the event
the affairs of the
company or any distribution of its capital, whether voluntary or in¬
voluntary, ot in the event of any redemption of all or any portion of
such preferred stocks, shall be reduced by the amount of $30 per share.
7(2) The annual dividend rate and payments with respect to the $6
preferred stock will be reduced from $G per share to $4.20 per share and
the annual dividend rate and payments with respect to the $5 preferred
stock will be reduced from $5 per share to $3.50 per share.
The voting rights of the $5 and $6 preferred stocks shall not be in
.
prov. for Federal taxes
both
which
amounts
be entitled to receive upon any retirement thereof,
of any liquidation, dissolution or winding up of
.
deprec.
obsolescence
The
(1)
.
for
The more important rights of the holders
which will be so modified are as follows:
preferred stocks.
—
July 26, 1945, the System inputs of client oper¬
ating companies of Ebasco Services) Inc., • which are subsidiaries of
American
Power
& Light Co.,
Electric Power & Light Corp. and
Period End. June 30—
1945—3 Mos.^-1944
1945—6 Mos.—1944 '
National
Power
& Light Co.,
as compared
with the corresponding
$
$
7 0--'\'7-7:;,.;
week during 1944 were as follows (in thousands of kilowatt-hours) :
Sales (net of returns,
7 -i-.vV
:7
allow., outward freight,
7""7' *'' '•
7 '•■ v7'
.>77" ■ ■ : ;,!.77;> :• 77;-..■..•••■;
^increaseetc.)
7- 164,107,903 152,468,451 326,402,748 303,390,223
Operating Subsidiaries of—r
1945'
1944
Amt.
%
other oper. revenues—
American Pbwer & Light Co._——t—
5,632,496
6,864,985. 12,487,126
14,358,443 •
183,899
178,047
5,852
3.3
Electric Power & Light Corp
101,726
102,980
*1,254 *1.2
Total
169,740,405 159,333,436 338,889,874 317,748,666
National Power & Light Co.—
106,277
99,838
6,439
6.4
Cost of goods'sold, etc.,
s-7'Decrease. ' >'•>■■:7v;
■
' >7 ,v. ■"
opearting charges
106,669,766
98,178,881 213,103,654 193,352,824
r
Note—The above, figures do not - include the system Inputs of any
Selling, gen. and admin. :'7;;
'7"
companies not appearing in both periods.—V. 162, p. 455;
expenses
12,282,667
12,133,649 1 25,025,089
23,891,365
•
Prov.
567
THE COMMERCIAL 8c FINANCIAL CHRONICLE
Number 4409
its
preferred stocks
1
otherwise
,
as
1
all of1 its then security
holdings in Commonwealth «fc Southern Corp., consisting of shares of
common
stock and option warrants to purchase such common stock
(or such other securities as may have been received in exchange for
said common stock-and/or option warrants).
The foregoing steps will be taken by the company as soon; as prac¬
ticable (in the opinion of the company and its counsel j> .after the
entry of orders of the Commission and court approving this .plan IH
pursuant to the Art. 7
"
The company will request that upon the consummation of Plans I,
or
II and III the Commission enter an
dispose
of
order, pursuant .to the .appropriate
m
Statement of Income,
Interest—United
Other
i
877,500
12,673,636
-i—_;y—
877,500
2,115,993
8,637,876
taxes
Federal
Other taxes
Adj.
3,187,196
•—
The
-
37,475,256 140,752,216 133,369,137
12,085,119
48,219,155 46,222,309
1,844,361
8,611,891
6,913,089
7,512,812
20,488,887
20,777,544
3,118,323
11,916,198
11,875,278
y 39,844,071
revenues
—
Maintenance
$912,500
34,222
companies
system
$912,500
877,500
232,221
.
Operating
Operation
;
$1,257,700
912,500
Corp
Gas
Foreign Pr. Co., Inc.—
Cuban
Electric Co
Texas Power & Light Co
——
&
Amer.
Subsidiaries—
U)
(t)
<*)
vacuum
1945—12 Mos.—1944
$
$
1945—3 Mos.—1944
$
$
period End. Mar. 31—
.
Months Ended June 30, 1945
12
income;—' %.■
Gross,
producing and selling orange and other citrus juices reduced by a
process to a liquid concentrate or dry powder form.
company proposes to build a plant in Plymouth, Fla„ capable
of producing 5,500 pounds of powdered orange juice per day and 5,000
gallons of concentrate.
'-v-,
■ '
The authorized capitalization consists of 56,000 shares of preferred
and 450,000 shares of common stock (par 10 cents).
Of the latter,
140,000 shares were outstanding as of June 28, 1945, and owned by
National Research Corp.—V. 162, p.
134.
of
Electric Power & Light Co. (& Subs.)—Earnings-
then subsidiary
thereof.
of the Act, exempting the company and its
companies from the Act and each and every provision
sections
Monday, August 6, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
prior
years'
for Fed. taxes
of
prov.
Foremost Dairies,
"
interest
Total
Gas & Elec Co._
& Foreign Pr. Co., Inc
1
1,524,573
491,454
121,170
Dividends—Amer.
.
Amer.
Corp
Gas
United
—
-
Services,
Ebasco
.
$2,050,027
264,250
$5,673,186
$4,104,277
520,000
821,498
821,498
_
Other .expenses
$2,433,308
$2,591,998
;
■,
of Surplus, J2
-
.
ended
stated
'i——
ledger value
Total
173,200
Net
$6
1945
30.
Balance
&
option
warrants:
cancelled.
551,383
363,681
4,783,218
2,900,724
13,070,298
8,154,503
2,900,724
1,705
13,070.298
12,512
2,902,429
13,082,810
3,578
13,805
15.314
647,922
Net
199,000
10,681,211
$6
par)
—.
_
stock
preferred
19,500,000
carried
to
earned
011
87,000
2,374,328
4,206,992
with
the franchises of Dallas Power
provisions of
Dallas Railway & Terminal Co. (net).
applicable to respective periods whether
and
Co.
•
Common
stock
Accounts
^
$2,252,935
/
' 3,880
par)_„.
Int.
Associate
Reserves
1,705
$542,470
$6,250,749
21,402,590
22,831,917
5,859,069
20,867,744
251,467
170,198
436,724
15.693,055
348,762
income_i»_^___"
10,995,729
6,029,267
21,3^04,468
16,041,817
long-term debt-
162,500
on
inc.
$3,083,055
3,578
13,805
15,314
-
x.:
Deferred
"5,211
110,522
145,416
647,922
$2,137,605
—^—
$388,265
$5,569,430
364,725 y 1,458,900
25,697
1,459,273
*
.
364,725
Plan
I
on
9,171
debs..:—
36,683
36,717
199,000
41,500
$3,849,150
9,171
$811,646
:
87,000
y
;
$1,676,709
surp.)
5,270
4,893,982
—195
195
323,201,423
33,385,851
33,385,851
'
$495,094,985§$31,298,400$463,796,585
fAfter
transactions.'
162, p. 455.
to reflect Plan
§Indicates decrease.—V.
1945
from
ry.
I
and
$2,462,047
rv
—V.
162,
236,571
•
I..
-
...
■; y
■
M
'
17,119,573
16,267,947
16,276,377
5,146.288
4,314,734
4,268,467
5,969,582
for
1,524,683
655,301
1,393,768
common
—V.
per
1945
_____
income
and
tax
to
1944
$12,777,395 $12,912,613
323,203
operating
Earnings
after
per
The
company
due
of the
$163
•
v
Quarter
revenue.
1969 at
called
sinking
106.8%
Trust & Savings
188 302
$2,889,651
•>. 368.287
$0 39
_I~
$0.77
share.—....
and
-
for
fund.
■
.
;
redemption
$53,000
interest.,
6 Months
$1,403,139
___s_
charges and taxes..___
has
2658.
160. p.
Empire
All
Oct.
of
1.
of
on
first
Sept.
1,
1945
mortgage
Payment will be made at
the
.
Tin
outstanding
Plate
first
Co.—Bonds
mortgage
Pavment
will
be
made
at
per
the
the
and
i; .:
into
15
and
(40
162,
April
16,
cents
per
1945.
share)
delivery
of
Such
date.
Horn following
the
to
received
Other
the
from
agreement
Harris
111.—
and
The
67c.
due
Mansfield
Savings. Trust
National Bank, corporate trustee, Mansfield, Ohio;—V. 159, p. 1249.
162,
Horn
has been called
Months
Ended
Year
equivalent
$825,003
381,329
$592,551
89,434
223,266
$334,899
$0.24
$279,851
$0.33
108,774
——;
————————
share
—:
Corp.—Report for
y,r *'
?" June— (
Gross
from
from
ry.
railway-
railway
oper.
income—
$2,17.1,372
640,775.
357,922
1943
1944-
$2,602,068
$2,765,177
1,123,242
1,463,551
415,096.
847,103
$1,252,384
415,958
324,545
18,055,379
9,803,365
5,611,331
9,112,819
3,648,367
2,871,029
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V.
railwayrailway
oper.
162,
p.
income
7,180,156
18,343,109
8,764,586
3,075,571
3,841,266
17,156,657
;
8.
q
•" j
the
to
;
more
j
420,000 GM stockholders.
than
allotments to March 31,
\
which 95,096 are authorized for production in 1945.
of commercial trucks previously allotted plus Vj, A
allotments authorized for the second half of .... *1
this year to the extent that materials may be found available is 185,316 ;.>■.?
units.
Permission also has been granted to suppliers.to manufacture . ,
new
car
parts as well as additional replacement parts for cars in
operation.
Authorization to refrigerator manufacturers may reach
,
265,000 refrigerators for each of the last two quarters of 1945..-;. '
But, Mr. Sloan warned, "this does not mean that General Motors
..
.
cars, trucks, Frigidaires and other commercial products will be freely
available to the public.
The quotas for commercial production allotted .' "yv
to. General Motors are relatively small when-compared £jth,its prewar
business. * It is highly improbable that these quotas for initial ';': ?,
production will be sufficient to take care of the requirements of even ' .. s
essential users with high, priorities.
It is likely that such products
.
wilt for a time be subject to Government allotment.
The needs of the
war economy remain critical.
And it is proper that these needs should
have first priority."
'
,
"
•
I
Also warning that the intense absorption of the GM organization in " "
turning out war goods left neither time nor talent available for the
h
engineering and development work required for the recently announced
; *
somewhat
lighter, more economical car to meet the needs of the
;■ j; |
public, Mr. Sloan told the stockholders not to expect immediate pro- .
duction of this new car, which is to be manufactured and distributed
by the Chevrolet Motor Division.
,
; •
.
.
"No shortcuts will be permitted that sfreed production at the sacri*
fice of quality, which must remain the dominant consideration at all
corporation's quota
share
of
additional
.
.
times," he added.
Erie
June—
Gross
Florida Foods, Inc.—Stock
RR.—Earnings—
19^5
1944
1943
1942
from
railway..— $13,391,509 $13,098,447 $12,961,045 $11,474,074
4,350,197
4 007 927
4,929.491
d aafl,p«7
oper. income—
1,775,434
3,'730,839
1,443,273
2,208,343
Net
from
Net
ry.
railway
_
From Jan. 1—
Gross
from
Net Trorn
__
'—v.
railway..._
75.326.474
railway..._T. yo.359,974
'""ome—
8,616,139
npP"
162, p.
455.
79.954,461
25,842,273
10,864,684
76,705,843
30,252,315
10,353,707
63,436,427
22.159,888
10,879,250
Offered—An underwriting
Deliveries
months'of
War
$5) at $50 per share. The issue has been oversubscribed.
Other products
According
the
in
1945
syndicate headed by Paine, Webber, Jackson & Curtis
and The First Boston Corp. on Aug. 2 offered to Nation¬
al Research Corp. stockholders and the public 56,000
shares of $2 cumulative convertible preferred stock (par
in
shown- in the-table
second quarter and the first six
with the first six months of-1944 are
:
" '
•
first quarter, the
comparison
below:
'
■
.
,
..
■"
Deliveries—
.
11
"
■
-
-
■"
t
.
.
1945-—
1st Quarter 2d Quarter
S
'
$
1
1st 6 Mos.,
$
"
-
,
'
111944
1
-
lst.6 Mos.
$
—
Total net sales—
1,022,693,175 992,231,648 2,014,924,823 2,224,788,413
' '
1,749,081,9'81 2,04i;4C0,467
-123,482,789 -142,360,053
;265,842,842
183,387,946
899.210r386 849,871,595
materials
to the prospectus-the company was organized by National
Research Corp.
under Florida Jaws on April
12,
1945, for the purpose
I
|
j
.
„
-
.1
..y
1946, is 285,288, of
of Hear,
1942
.1
MM"]
Second Quarter—
ail
,
1945
y
31,
General Motors' quota of total passenger car
Date
to
31,376
quoats authorized
March
to
up
The
and
63,538
'
from General Motors plants will be available
by the War Production Board for the period
1946, if the necessary material can be obtained,
Alfred P. Sloan Jr., Chairman of the corporation, states in his quarterly
for the
Line RR.
June
1944v
production
commercial
A regu¬
353.
for
39
June
M
$561,175
—
——
Motors
for
$761,464
—
457.V
p.
-
corporation.
taxes
common
per
prd-
Despite the many difficulties and limitations involved in reconversion
while maintaining top priority in the use of production facilities and
materials for military requirements until the war with Japan is won,
change the
Earnings
y
bonds
1, next, at 100 and
Coast
—;
for Federal
profit—
Earnings
—v.
,
Net
.
Six
———
—
deductions
Provision
further
;
and approve the transactions.
Statement,
———
—
income
Gross
Other
has petitioned the ICC to postpone
location of a scheduled hearing on the reor¬
ganization of the company.
'-..v.
•
y. - ■
: .
..
Hearing on the proposed modifications of the reorganization plan
has been set for Aug. 21 in Washington,-before Director .Oliver E.
Sweet of ICC's Bureau of Finance.
'
Atlantic Coast Line has asked that the hearing be postponed until
November and that it be held ia Miami, Daytona Beach, Jacksonville
or
some other Florida city.
Company said such change is necessary
to allow more time to prepare proposals and to comply with Office ot
Defense Transportation travel restrictions.—V. 162, p. 8.
Atlantic
date
July
dated
the transfer of its property
of Horn of the
stockholders of
the
Income
profit
Income
report
Florida East Coast Ry.—Seeks Postponement
The
of
to consider
1945,
Operating
the old common stock outstanding before the
p.
< ;Xi
Horn,
stockholders
133.
is
r.
'.f
'
with
agreement
an
distribution
stock
common
Comparative
Conv. 6s—
15 to holders of record Oct. 5.
Jan.
on
share on
split-up.—V.
bonds
Called—
convertible
1948, have been called for payment on Oct.
interest.
as
dissolution
the
22,
Aug,
declared an extra dividend of 10 cents per
dividend of 30 cents per share on the
distribution
current
through
3'/a %
Bank, co-trustee, 115 West Monroe St., Chicago
• :
;
Sh-et &
the
t "
entered
special meeting
A
quarterly
disbursed
total
Net
V.
V
has
agreement
shares of
189 190
$0.96
-__i.—yy.
Partial Redemption—
operation
July 26
payable Oct.
stock,
cents
80
the
common
on
usual
the
were
stock
342,584
290 601
—•
Period Ended June 30, 1945—
Net income
t
r
stock (par $1), upon official notice of issuance in
the acquisition of substantially all of the properties
together with the good will of A. C. Horn Co. <N. Y.),
the total listed and to be listed 1,050,957 shares of common
assets
and
its
•____
outstandingshare
162, p. 455.
Gross
Steel Corp.—Calls First Mtge.
^
;
.• " i
'
Exchange has authorized the listing of 268,709 a?;)
/.
.
with
• *'
:V';,
Corporation
such
prov.
Empire District Electric Co.—Earnings—
.
$1.44
common
vides for
quarterly of 30 cents was paid on July 16, this year following the
two-for-one stock
split-up, prior to which the company paid
dividends
of the same amount.
In addition, extras of 5% each in
The
shares
Earnings
special cash de¬
Govt, obligations,
recent
renegotiation
Common
etc., $161,-
lar
2,248,001
Federal
$0.37
•
1945
directors
and
18,131,688
sales-„__;
after
banks—on demand, $11,850,183;
cash investments—U. S.
temporary
Empire Sheet & Tin Plate Co.. above.—V. 162, p.
The
'
6 Months Ended June 30—
profit
$0.76
5,526,317
$0.99
8,033,051
Printing Ink Corp*—Listing of Common Stock
General
stock
Let
1945
Eversharp, Inc.—Declares Extra Dividend—
Co.—Earnings—
Net
31,
Liabilities—Capital stock, $155,044,139; gold debentures, 5% series,
due
2030, $29,178,000; accounts payable, $28,055;
accrued interest,
$245,555; accrued taxes,
$209,915; Power Securities Corp. collateral
trust gold bonds called for redemption—including premium
(cash In
special cash deposits), $3,030; miscellaneous current liabilities, $41,070;
reserve,
$155,994; earned surplus, $25,192,923; total, $210,098,682.—
V. 161, p. 1094.
962,725
58,796
8,
p.
Elliott
in
$4,590;
share
Income
oper.
2,067,517
16, 1945, providing for the acquisition by the corporation of substan¬
tially all of the property and assets, including good will, of Horn,
subject to its liabilities and the delivery by the corporation to Horn
of 268,709 shares of
the common stock.
Aug, 31, 1945, is fixed in
$2,724,705
518,324
.
Net.
cash
170,027;
1942
310,807
•
railway
railway
4,247,229
StOCk.
$1,575,000; dividends receivable—associate companies, $2,052,735; other
current
assets, $7,786; investment
in subsidiary, (not consolidated)
See
$2,955,145
876,510
•
from
Net ,from
March
of
Net
76,455
From Jan. 1—
Gross
$14,369
Assets—Investment securities and advances—subsidiaries,
Empire
1943c,
1344
$2,571,599
income
oper.
337,500
r
assets,
making
,
341,670
railway
railway
from
Net
678,000
$210,098,682.
June—
Net
Sheet,
is
connection
taxes, on
income
Elgin Joliet & Eastern Ry.- —Earnings—
Gross
5,863,817
168,750
com.
The New York Stock
shares
1,23'*,650
tAdjustmenrs
transactions.
8,033,051
2,236,267
c—
9,500,000
■
-
1,233,650
4,893,982
———
——
books
»Per
to
—Acquisition--
discount
Fed.
for
680,685
280,656
cap.
:—
4,247,229
>
13,000,000
.
Francis, Chairman, recently announced that this corpo¬
acquired the Northland Dairy Co., Evart, Mich., which, ft
a processing plant for milk products.—V. 162, p. 456.
has
said
General
interest
and exp.
Prov.
-
'
1,514,167
—:
„—
279,000
sh._ com. stk.
Clarence
was
$2,349,136
19,592
5,270
surplus
Total
3,514,000
——
contingencies.
'37,920
-5,109
y
debentures—
on
:
280,656
surplus
Earned
271,417
.
prof.
exe.
6,586,000
for
ration
—
Amort, of debt
posits,
323,201,426
credits
Capital
from
and
Earns, per
than
income..
1,514,167
—.
(approp.
171,298,032 144,235,180
•V; -t
;
taxes
48,704,635 129,027,698 105,710,208
;:yv--
11,359,354
applic.
stock - —^
reorganized by order of Securities and Exchange Com¬
mission, $30,218,881; unamortized debt discount and expense, $3,111,977;
prepayments, $4,394;
reacquired capital stock (973 shares of
$7 preferred stock and 902 shares of common stock), $103,109; total,
_.
Accrued
65,923,058
;:
1
10,744,262
'
' $540,765
;
companies
declared
1945—6 Mos.—1944
63,549,062
gen.
profit——.
Divs. on pfd, stock—__
required to be
Others
Dividends
in United States
;v :M'
1945—3 Mos.—1944
Net
$3,075,827
'
7,220
$6,238,237
12,512
taxes
Other
58,818,760
26,251,788
26,251,788
•
Companies
Subsidiary
84,628,418
Bal.
$2,256,815
——"
Balance
payable:
($5
Corp.—Earnings—
Owned
10,335,094
Prov.
■■■'yy
3,579
-
—
Expenses '
•*(■>[' ;ivr
§25,208,040
Wholly
*
•
etc., charges
1945—12 Mos.—1944
1945—3 Mos.—1944
„
taxes—other
"Other
■
•-.*■-**"■-r
729,267
247.
p.
taxes
&
tFull dividend
earned or un¬
Income of Company Only
Federal
200
84,026,800
162,
sales—
Est.
-
-
1,693
..
1,050,318
-.V.i'
and Canada)
Int.
con-
surp
accordance
Fed.
22,500
,
1,642,890,,
i
Acquisition—
$20,301,200 §$6,090,360 $14,210,840
shares
(840,268
par)
no
shares,
—
4,207,821
1,454,087
Profit from operations
5,890,322
taxes
———
$495,094,985§$31,298,400$463,796,585
(203,012
6,815,676
3,265,776
v
41,500
Fed.
for
Balance
stock
preferred
no
7,482,461
2,817,558
1,374,743
2,365,581
income
oper.
expenses,
1,495,990
Liabilities—
$5
8,139,953
railway
railway
Selling, admin, and
'
—!
312,906
680,685
1,521,280
Net ihcome—.
Total *
305,493
Other income—__L_
145,416
Total
200
—
233,718
Period End. June 30—
37,920
19,592
5,211
5,109
373,896
Other
•
100,000
1,693
assets
7,228
110,522
.
current
.
373,896
—consolidated
j§$:
Prepayments
384,959
Cost of goods sold——
Gross income—From sub.
$30,000,000
,'
$860,400
618,287
•MM:
8,161,731
3,579
Period End. Mar. 31—
; Ebasco Services, Inc,——„„
1,690,000
System companies & miscell,— 390,916,073
in banks, on demand— < 20,899,517
§$31,298,400 19,669,096
Temporary cash investments (shortterm securities
•
30,067,979
.1,585,585
"Accounts receivable
; 1,585,585
Accrued interest receivable:.
'.,T:
311,438
Associate companies
;
311,438
-Other
ry.
8,154,503
4,783,218
——
earned.
it)
22,500
$1,277,485
508,917
•111,959
General Foods
income
.—
requirements
Cash
—
from
•Deficit.—V.
other
—
from
Net
(Including
—
Light
1,690,000
390,916,073
Others
Gross
Net
3,880
y-y
,
$1,335,413
income
oper.
Total
' :.
——
470,080
ry.
Light Corp.—
taxes
sol.
,
<t)
*;
•
272,166
Net
1942
$1,707,918
626,523
railway
railway
from
1943
1944
1945
from
Gross
Net
mi¬
above).
(as
taxes
Bal.
stock and 56,732
_———
Stocks
1,448,158
14,479,248
5,961,064
June—
116,543
receivable:
Amer. & Foreign Pr. Co., Inc.— $30,000,000
Ebasco Services, Inc.———100,000
Bonds—Cuban Electric Co. 6% debs.
due 1948
19,500,000
•
533,958
18,360,891
4,739,210
etc., deductions...
Prov.
accounts
and
Notes
4,818,962
subs.—consol.
Federal
Other
1,064,121
5,140,400
-
(")
■
■■■
5,589,342
Total
Sheet, June 30, 1945
Assets—
210,632
income
Federal
72,447
—
preferred stock, which shares have been
shares $6
Dr495,314
public
applic. to
interests
income
reacquiring 21,688 shares $5 preferred
•Over cost of
62,172
purchase, accomplished with Foremost Dairies, Inc., preferred
involved all operating assets connected with Aristocrat's milk
including continued production of the 1,000 acre farm and
plant south of Atlanta.—V. 160, p. 2757.
14,268,616
Drl38,975
$1,300,000 a
Fore¬
being
The
from
and
sales, running at the rate of approximately
)
*
Mrl'
J
Ga.
Fort Worth & Denver City Ry.—Earnings—
4,787,098
Other
$33,385,851 $323,201,426 $356,587,277
—
18,856,205
,
announced the acquisition
of 'the Aristocrat Dairy
business,
12,361,362
4,756,790
business
stock,
etc.,
reserve.
to
of
•In
June
Balance,
to
equity
Int.,
New York State
for prior year—
116,543
stock dividends
1,064,121
stock dividends— : 5,140,400
10,078,387
Atlanta,
2,
Aug.
on
milk
merged under one local supervision.
equity of corp. in
inc.
23,771,074
—
2,714,508
most
502,137
2,046,774
the
26,629,978
5,728,317
Expenses
72,447
563,345
28,934,592
—
than
—
27,254
7,471,298
—,—*—
Electric Power &
(
23,771,074
MM";#
14,992
7,775,091
public,
to
divs.
Net
over
of
preferred
preferred
int.
nority
$63,550,436 $323,201,426 $386,751,862
/
.
.
t, 1 v
-
tax
franchise
26,127,841
Portion
3,570,154
173,200
——
r
proceeds
under United
Gas
reorganization plan———
Net excess of ledger value over
amount realized upon disposal
of
other investment securities
Adjustment
28,371,247
tPfd.
cash
$5
7,444,044
of
of
—From Jan. J—
'
t
3,570,154
invest-
of
United Gas Corp.
ment in
7,760,099
Total
months
—
of
Excess
142,500
franchise
Months Ended June 30, 1945
Earned
Capital
Total
Surplus
Surplus
Surplus
1945———
value————
30,
June
of
345,000
•Transfers
$59,980,282 $323,028,226 $383,008,508
Balance, July 1. 1944—.:
income
balance 12
Net
•Excess
;-v-
■.
Summary
•
86,250
Co.
Inc.—Acquisition—
President,
represent more than 10% of the,$11,419,528 reported by
for
1944, Mr. Reinhold said.'
The; two operations .are
year,
Balance
6,204,521
transactions.
■
26,270,341
<:
Reinhold,
■
corporation
this
Aristocrat's
21,310,576
28,716,247
Gross income
6,056,668
4,239,668
•Per books.
tPro-forma based on investments owned June 30, 1945.
JPro-forma based on investments owned June 30, 1945, after Plan I
•
20,310,886
deductions
$3,570,154
divs, whether de¬
undeclared———
or
5,384,347
7,530,294
Net
surplus)
Preferred stock
clared
5,383,021
86,250
E.
Paul
Products
7,846,349
oper.
.
I
earned
(to
balance
income
Net
170,781
$3,840,027
414,440
170,781
.1,110,753
taxes
Other
170,781
.——
taxes
income
Federal
:;L—
3,036,322
-
and de-
Operating income
Other income (net)
U—-
821,498
Total
'};>
by
reserve-
Net
$2,050,027
187,846
.y——
revenuesRent for lease of plants
preciation
y
34,000
$2,171,197
dividends
Total
Other income
y
Prop, retirem't
34" 000
'Cr547,370
—
income
on
491,454
491,454
:
Charges in lieu of taxes
-
34,000
Inc.——
.
income
on
$1,790,000
1,524,573
$1,790,000
,1,524,573
$3,314,143
—_
-
•'
mmi
yoiume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
Condensed
-
Total sales in the second quarter of 1945 show a small decline from
first quarter, a decrease in war material deliveries being partly
offset by an ihcrease in deliveries of other products.
i
the
Asseto—
that
in
the
with
war
Germany
contracts
material
war
I
«
*June
with
30,
1945,
compared
March 31. 1945."
total
about.
of
been
released
114,736,462
133,698,162
52,366,991
.'Goodwill;:.patents,:..etcw-:.;
Accounts
ment for accrued
7or commercial
.taxes,
surplus'
Department
change in the published financial results for that year.
Summary of Consolidated
i
Per:End; June 30-^.
•Corp'A. equity in
earnings (net)—
profit from sale of
ithe corp.'s stock¬
holdings in the
National
Bk.
931,026
840,846
of
and cont
resulting
$71,742
disposition
from
'
*
i
.
.Corporate and Receivers—Combined
held
account
for
of
$206,531
Ry. Operating rfivenueRy. operating expensesRy. tax. accruals (reg.)
Ry. tax accruals (Fed.
RRv Taxing
Act of
1937)
:
:
.
Ry.
$197,733s
988,950
4,722
"29,706
3,052
4,961
V
Total
Unemploy.
-
3,186
Act oM938)-:w__
-
-
rents
facll.
Net ry.
-
Cell.,
gen.
&
836,629,751
2,940
2,817
7;810
.1,984
17.349
7,232
2,020
*
Gross
,_
1__
income
Surp.
'■-*'.
72,017
46.350
applic, to int..
Periods-
*"
Dated July
—V.
.
:
4,085,641
$48,661.
17
debentures
'■»'
43,702,096
49,835,002
^Retroactive
price
& other adjusts.
16,257,405
15,627,341
12,853,000
.
^Employees' bonds—
expenses —
Depre. and amortization
for
483,500'
taxes
1,044,955
Gross income
Int.
31,236,995
*.
29,927,000
60,236,000
4,903,000
4,241,000
■
excess
63,753,000
—
68,807,000
5127,200,000
least
§139,888,000
days'
on
or
published. notice,
before
1945—12 Mos.—1944
$3,98.7,009 $49,195,041 $48,747,438"
1,563,833
24,617,789
21,079,001
468; 165
5,820,000
5,719,650
1,229,610
10,371,714
12,84M83*
$725,401
284,715
for
50,431,654
per.
41,709,440
89,773,383
82,769,895
,;
301,553
$8,385,538
3(545,266
$9,104,298*
3,718,634
$423,848
$4,840,272
$5,385,664
223,005
2,676,064
2,676064
$200,843
$5
series
2,294,555
2,294,555
4,589,110
4,589,110-
earned
of
48,137,0§9
39,414,885
85,184,273
shs.
43,994,526
43,996,368
44,004,143
$1.10
$0.90
$1.94
com.
[^Amount' earned
common
♦Of
Corp.-to its present
—1_
common
I Avge.
on
$2,164,208
$2,709,600
subsidiary
companies
not
consolidated- (dividends
$1.78
'
and- interest
*
Net
war
1945
for
the
other
'company,
$
ginning
of
be-
period
BNet income; for
period.
iFreferred dividends
Earned
.
Net
the
general
fire
•
finance
charges
and
2,162,307
1,355,281
railway,——
.1,291,810
334,772
1,876,113
'
income—.
oper,
413,387
*
557,343
1944
,
-
.
$l,i49,445
Miscellaneous.
;
•*,
..
•
•
-
.:/•
—
>
Northern Ry,—-Plans Equipment Financing—
be received Aug, 17 for the lowest
used in financing equipment *pur¬
Co. at an aggregate'price of $885,437; 500
from Pressed Steel Car Co.* at $1,057,280; six new Diesel
cars
locomotives
Motors
anil
six-
new '
Corp. at $1,938,804.*
switch
locomotives
1
from
General
*
1943
Earnings for June and Year to
.42,415
70.004
Gross
56,227
$821,265
$1,219,450
Date
1942
•
*
1945
1044
1943
railway..' $20,950,031 $19,248,461 $18,721,208 $14,105,890
6,152,841
Net from railway——*
9,035,769
7,930;437*
8,423,276
3,589,789
Net ry. oper. income—' 3,025,566
2,759,243
3,123,645
June—
$812,815
,4,200
$873,242
_
761,693
309,380
American Car & Foundry
v.
from
,
.
Total
Cost
of
tee's
income
borrowings—interest, trus¬
and debenture interest
94,806-
155,403
$726,368'
431,533
ftom
Net
116,114
Opera'tirig 'ekpensSs
$1,064,046 ■
664,513:
ry.
operating income;
Profit realized through dissolution
of subsidiaries „__^_____________
98,417,835
33,356,070
11,175,166
12,005,501
162, P. 134;
Gulf Mobile
$294,835
$399,534.
_
$175,737
.
98,695,166
20,470
railway
Net from railways—— j
Net income,
;
$294,835
-
•
130,000
$164,835
Net
$175,737
:«
6,430
.
i38,5O0
^
—.
$*420,003
.
•
:
ry. oper.
From Jan.
Gross* froriJ*.
87,319,175
31,412,371
12.841,370
income.—
1945
$3,363^,971
Earnings—
.
l,l5r,880
341,212
1944*
V
1943
$283,094
.
/
1,687
1-—
railway-.—
19,'867(382;
18,704,339
19,282,435
$167,620*
Net
from, railway^——.
7,224,64.6
6,200,364:
7,534,43.6"
ry.
incomes....
2,250,063
2,369,240
2,525,244
—v.
oper.,
16;
162, p.
335.
1942
"
$3,276,486
$2,870,879
892,682
1,127,165333,284
450,231-
Net
409*
66,352,338
22,781,494
12,221,212
* *
& Ohio RR.
Gross-from
"•
income-
30,634,485
income—_
Jun®—
Net*
;
railway*——
oper.
$757,129581,392
£
from'railway
Net
fees,
expense
1—
From Jan.
Gross
...
663,796,953 627,034,456 663,796,953 627,034,456
51,431
3,730,038
chases under conditional sales agreements as follow: 250 flat cars from
Years End. Sept. 30
$778,849
.*
and
interest
*
'•'v-'T
119,788
3,393,824
.155,521!
162, p. 134.
freight
.Mar. 31,'45
earned, less provision; for lpsses—
received, subs.' not consol.—
.
:,861 734,386,927 697,629,165
71,731
frpm railway..—
Great
■-
$.:■
1942
$381,853
3,418,176
The company is inviting bids to
interest rate on $3,825,217* to be
—V.
-
1943
$619,106
317,714
161,709
40,997
income—
oper.
1944
$514,485
216,210
'
'
6 Mcs. End.
„
...
.
surplus
business
insurance
'
'
^Income
'
5,431,480
3,997,295 7
2,441,741" 1,644,973 '
2,137,234
1.462,189 1
"
business, operating
Divs.
1945—6 MOs.- -1944
As r*'
1,819,549
$559,546
railway——
railway
.
648,652,373 620,614,421 644^613,544 614,859.270.
50,^31,654 *41,709,440 89,773,383
82,769,895
'
-669,084,027
Total
JCommon dividends
'■
in
insurance,
.
'
£■'•',*
.1,587,488.
134.*
gondola
and
jEarned surplus at
r
engages
^
Summary of Consolidated Earned Surplus
1945—3 Mos.—1944
—V.
through its subsidiaries.
In May, 1945, the corporacontrol of The Stuyvesant Insurance Cqit and through
acquired
.
Period End. June 30—
other finance, and
through certain of
business
.
Note-rNbt; income does not include such portion of the earnings of1
Iforeign. subsidiaries as could not be remitted because of foreign "ex1 change-.restrictions.
-■r -.v:
•
the
rediscounting. of receivables of
companies.
In 1941 the corporation,
Earnings_for-Stated Periods
contracts, it is not possible to determine the effect of
renegotiation on the consolidated income.
§The provision for
includes provision for United States excess profits taxes of
I $71,366,000; for the first six months of 1945 and
$86,792,000 for the
llirst six months of 1944 ■< after
deductings post-war credits of $7,930,000
t
5,203,569
1,037,631
income.—
From Jan. 1—
Gross
"
material
-
and
allied lines of
taxes
.
305,514
1945
from
from
that
and other
renegotiation of
v
346,338
1942
Georgia Southern & Florida Ry.—Earnings—
ry.
ton
such
|and $9,644)000, respectively).
232,520
June—
Gross
-
Net
retroactive price
with
$778,409
349,875
4,851,430
1,235,906
railway
162, p.
Net
by the Government, as provided
While, provision of $29,927,000 has been
connection
—V.
ry.
renegotiation
of
399,384
184,703
railway
oper.
Net
its
on war material contracts is subject , to review and possible
adjustments which may arise in
ry.
from the General Acceptance
has confined its activities to the accounts receivable
$3,273,084 for the second quarter and the six months ended June 30,
11944, less sundry income deductions. iWhich may arise in connection
with the renegotiation" of war material-contracts.
Corporation's profit
through
from
Net
subsidiaries,- first engaged in the discount loan business, and in
1943 the corporation, through one of its subsidiaries, first engaged
in
the accounts
receivable
business.
Since
the corporation
itself
the second quarter and the six months ended June 30, 1944-.
tlnclud3ng dividends'received of $1,826,213 and $3,456,588 for the second
the six. months ended June 30, 1945, and $.1,840,128 and
adjustment
1943
$905,809
274,661
its
quarter and
under the. Renegotiation Act.
made-in the first six months
'
1944
$859:587
210,654
FroinJan. 1—
from
.
1945
$807,073
incorporated in Pennsylvania
* 1
-
RR,—Earnings—
•
Gross- from
Net
small-loan
I received amounted to $679,084 and $774,942 for the second quarter and
the six months ended June 30, 1945, and $755,175 and $858,329 for
[lor 1945
its name
•
:
$199,125
;
railway—__
Net from railway....
Net ry. oper. income
;
vehicles
44,005,351
*
•
i
161, p. 2786.
Frqm 1932 to 1941 the predecessor of the corporation and the cor¬
poration, and: their respective subsidiaries, confined their activities
principally to the financing of new and used motor vehicles for
purchasers and dealers, the making of small loans on used motor
78,180,785
per
share—
name.
223,005
June—
1933,
the corporation changed
1944,
Amt.
was
$422,131
stock.—.
Gross; from
and later acquired by merger the properties and assets
and Assumed the liabilities of Allen town Wimsett Thrift Co..
In May,
Aug. 7,
pfd.
on
Georgia
at
June
History arid. Business—-Corporation
on pfd. stock,
Net- income
—V.
.
Net inc.
|Divs.
$1,292,860
■;'*>
:
payable Jan. l and July £ in New York.
Coupon debentures
of $1,000 registerable as to principal only.
Redeem-
30
interest:
Jan. 1 to July 21
"
1944
1945
$706,845
deductions—
Balance
following prices, and accrued
30,-1947, 102lh\ thereafter and on or
before June 30, 1949,. 102; thereafter and on or before. Junes 30, 1951,
£01 Vz; thereafter and on or before June 30, 1953, 101; thereafter and
on or before June 30,
1955, 101 Vi; thereafter up to maturity, 100.
Each
$1,000 debenture is-convertible into 60 shares, of class A
common
stock of the corporation at any time on or before June 20,
1957 (or on or before, the 10th day prior; to .the redemption date in
case of debentures called for redemption).
,
and
Divs.
outstanding
,
1,990
*
denomination
at
33,116,243
25,929,000
2,157,000
3,067,000
U. S. A foreign in&
all
and
the
$80,758
$1,273,780'
$46,300
1945—Month—1944
$4,-189,8931,954,592
revenue
Provision
qbel at option of coiporation, as a whole or in part, at any. time, upon
,
-
profits taxes
Interest
in
of the principal amount of
other subordinated indebtedness.
aggregate
the
of
$82(748
Georgia Power Co.—Earnings
Operating
.
.
'come
150%
$77,878,
4,87e
6,557*
162, p. 457.
Gross
ing nine moths.. The. indenture^ provides that the corporation shall at
all times maintain its adjusted net worth_at q. sum equal to at least
*
amort.
of
real
estate,
plants & equip-
.
22,322,715
16,979
50,202
12(420
$49,8.71
1,210
$8,477
,
$42,350
Period End. June 30—
^
r
Week End. July 21
1945
1944
Operating., revenues—..
1, 1945;-due. July 1/1957, ^
'
:■
.
Pennsylvania and Massachusetts tiaxtes (other than succession, inheri¬
tance--and corporation taxes) up to not-exceeding $4 per annum for
Pennsylvania taxes and up- to-nob exceeding $2.40 per annum, for
Massachusetts taxes, payable by individual debenture holders for each
$1,000 debenture, will be refunded on timely application.
Commercial
National Bank & Trust Co. of New York, trustee. • »
'
'
The debentures are subordinate both as to principal and interest to
all indebtedness representing money borrowed, and maturing within
riot more than nine months and any renewals thereof for not exceed-,
..
.
.
25,685,920
&
;
$43,314
.
371
$16,356 '
.
-
$8,848
-
208,
Phaenix >Corp.-r-X)ebentures Offered—Paine,
General
$9:i06:v
,
Dr257
$16,564
income—
from
"
$15,494
1,070
income.
oper.
Deducts,
Webber, Jackson & Curtis* Central Republic Co* (Incr),
Reynolds & Co., Battles & Co., Inc., and Grubbs, Scott
& Co. on Aug. 1 offered at 99V2 and. interest $1,000,000
12-year 4%. convertible subordinated debentures.
921,180,782 1,697,917,780 1,868,263,844
adm.
expenses
Deprec.
18,282
s
(net Dr)
Non-oper. income
Floyd L.
*
(exel
prov. for deprec.)
$1,163,118
7
959,025*
-■
28,332-
18,794
f
Ins.
Equip: rents (net Dr)__
2108,.,
——1,008,677,730 1,097,733,278 2,032,672,408 2,230^337,830
Cost of
$1,1561480
168;7$4
170,166
tax accruals' (Fed.
RR.
Jt.
1945—6 MOS.—1944
1945-r—Month.—1944
Period End. June 30—-
-7
Greene; President?, * announced ithat as of June 30,. 1945,
the company had. retired
$645,000' of its notes payable.
Of this
amount,
$545,boo was applied against the 3 V\ % promissory notes
due Jan.
1, 1957, thereby reducing total outstanding, to $1,441,000.
1,463,776
13,957,787
2,948,952
2,285,242
.
(Including Statesboro Northern Ry.)
^
-
;
receivables of. $926,778.
t Excludes inven¬
others- under cost-plus-fixedr-fee contracts,
,
1,586,098
$251,587
securitleav—V." 16l»-
of
*
:
'
*
13,957,787
—
„
55,000
Georgia. & Florida RR.—June Earnings—
663,796353:, 644;613(544
Gfeneral Refractories*Cov-^Reduces Notes^*
;
'
•
Detroit
fOther income
1944
$82,587
♦Includes
p. 2660.'
,
1943
206,480
taxes
75,000"-:
♦$445,240
$573,010
228,943":
193,662v
interest
for
-
Corp.—Earnings-—
depreciation-^.,
Net- profit
.
.
'■
902,197
Provision
June-30, 1945, balance sheet is after giving, effect to the delivery in
August, 1945, under the bonus plan, of General Motors common stock
and cash awarded as bonus for the year 3944.—V. 162, p. 457-.-
1,094,517,010 2,014,924,823 2,224,788,413
v,
■.
.
$..
.
Debenture
2,-144,1875143! 2;182,609,504':
,
•
$.
.
Depreciation
.
: 1945-4 Mos,~1944
$
$
992,231,648
—
before
-
50,000**
134.
p.
'125,000
-
;.; -7";
-
General Realty & Utilities
Notes—(1) Corporation is the custodian for cash collected from, em¬
ployees for war savings bond purchases and for- income tax withheld.
Such' cash, amounting: to $19,951,520 at :June 30, 1945, and the* contra
liabilities therefor, are not included in the balance sheet.
(2) The
Income
1945*^3 Mos:r--1944
'
\
Ket sales
——.
J
Total :*
tories
Board providing- for a refund of " $61,700,000 in connection with rene¬
gotiation under the Renegotiation Act.
Since provision for thid refund
was made under the corporation's war-time profit limitation policy in
the 1944 financial statements, the final renegotiation settlement involves
no
Co,, .Inc-;—-—
6 Months Ended March; 31—
rofit
$17,121,747. r. f34*,975; (shares; held fdr bonus purposes.
SAfter deduct¬
ing 'reserve for depreciation* (including amortization of special facili¬
ties,): 1945.*'$662028,987j 1944* $631,652,398.'
— ,.5* -
Adjustment
Price
162,
.
'.
-After reserve for .doubtful
-
agreement has been reached with the United 1
War
—V.
;
•
.
the
3,850,807
2,294,555
-
Earned
per share of common stock the amounts earned for the second quarter®nd the first six months of 1945.
an
2,545,757
2,294,555'
_
;
Grubbs, Scott Ss Co.—
sur^usiii^.-ii----———;ii—34050,276---*34,850,276-
,
,
.through
Battles &t
■
Capital;
For the second quarter of 1945, there was an average of 411,385
employees -on" the corporation's .payrolls,, compared with an average
bf 432,489 for the: previous quarter and. with 475,471 for the second
quarter of 1944.
During the first six months of 1945 the average
number of-employees was. 421,515; compared with 484,708- for the corre-<
spending period a year ago. Payrolls in, the second quarter of 1945 £
totaled.$302,067087, "compared with$351097,588 for the second quar¬
ter oT 1944".
For the first six months of 1945 total payrolls amounted
to; $625,235,008,
oompared- with $714,197,864 for the corresponding
period a year ago.
.„,<>>,>
<
.*
: Mr. Sloan reported that complete liquidation of its holdings in the
(National Brink of Detroit, together with the sale of the rights to
subscribe to additional shares, increased by the equivalent of 21 cents
reported that
<
,
,
J
Government
—
& Co
'
the warmed services; am opportunity for employment by the corpora¬
tion, when they are released from active duty."
V'.-*
was.
.
Reynolds
205,499,311
"
in
It
stock, 60,000 shares reserved for the conversion of
12-year 4%
convertible • subordinated debentures now
'.;7
$1,000,000
Underwriters—The names of the several principal underwriters and
Several principal amounts of debentures underwritten
by them,
respectively, are as follows:
7;7.>.v7-;
77..'*'7'.7'.Paine, Webber, Jackson & Curtis_——
$550,000**Central Republic Co. (Inc.)—
200,000'
payable on, pfd.. capital stock——
Employees' bonus (portion of total estimated
to be payable in common stock held in
*
treasury f
.' * 2,357,634' - - * 5,237,951
Taxes,, warranties^ and miscellaneous
i—
59,294,465
57,379,015
Resefves-r-Ertxployee benefit ;• plans—• 6,536,243
* - 6,536073
Deferred";income
3,446,564-2074>85O>
Pokt-war contingencies -and rehabilitation
76,051,805* - 76,051,805
1 Contingencies Mnd-Amiscellaneous:
t , , ; . -r
r
.
•
Allocable to foreign subsidiaries
21,112,9G6
18,659,187
'V
General-—* 7,584529*— 0073;6Q^
Minoirity. interest, (pfd.'stock of sub.) ._i—
1,973,414* - 1,973,414
Preferred stock
_±
I—
183,564,400 .183(564,400
Common: stock* ($10 par)—----------i.--.-r- " 441,043,400
441,043,400
production
;
and (2) the balance of the net proceeds will be added to the general
working funds of the corporation.*
.
238,364,783
Dividends,
nection, GeneraPMotors is.planning to give its former employees still
States
-
.
•*
:
—
•
the
^ r.to be payable in cash
the finished product.
generally will.,speed': the effective realignment of* factory Jobs and' the
return of thousands vol temporary War-time industrial employees to
their; former occupations or. their, adjustment otherwise to peace-time
pursuits-,
it will likewise facilitate the employment of war veterans
who will want to resume their old iobs in manufacturing; iri* "trade,Sn the "service industries and in other lines of. activity. >in this con¬
5
61,700,000
14,358,472
war
Employees', bonus ( portion of total estimated
and partly for war production;
"Securing' new. machinery- and triols where' necessary;
^
;
"Building new plants where more adequate facilities' will be required,
s,
"To the extent that the requirements of the Japanese war permit,
General Motors will 'continue- to reconvert released facilities as rapidly
as possible.
Such action on the part of General Motors and industry
.
and
U. S.
-
•
■
29,927,000
27,109,161
material contracts,..
on Government contracts———
foreign income and excess profits
Advances
:
"Reinstalling machinery and tools for commercial production; ■?.
'Rearranging facilities in those plants which are- to be- used partly
production;4
45,118,583
which: may
renegotiation of
,
Purpose—Net proceeds (estimated $928,000) will be used by the cor¬
poration as follows: (1) a maximum of $441,840 will-be applied to
redeem
at
102* the
$432,000
10-year 5%
convertible subordinated
debentures as are not previously converted into class A common stock,
price
and other adjustments
arise in 'Connection with-- the;
Retroactive
.
84;358 shs.
10,000 shs.
vertible preferred
Due to contracting agencies of
essential in the flow of materials
are
25,213,078
■
25,000 shs.
70,000shs,
-
convertible
offered.
128,945,199
U. S. Govern¬
price reductions-.^--.^.-
———————
7
Co., Inc., was merged-into the corporation on March 31,
t31,363 shares reserved for conversion of the $432,000 10-year
subordinated debentures presently outstanding, 18,660
shares reserved for the conversion of the 15,000 shares of** 7%
con¬
181,085,059
170,196,124
...
_
-
war
network-of balanced facilities
i.46,923,796
—-
payable
—
warranties, and sundry ac-
Taxes, payrolls,
criied items
—7
-—•.
(par $5)"
23,925
15,000 shs.
shs.
shs.
shs.
shs,
t400,000 shs.
10,000 shs.
$5)
(par
23,925
15,000
200,000
30)000
70,000
$20)
"Hartsfield
Liabilities—
.
(par
1945.
5%
2,144,187,143 2,182,609,504
:
Total
:
There
are
i
.v v. ..V;,
i
"Clearing released plants of special machinery and tools used for
'
9,044,319
5,237,951
298,549,884
14,235,963
63,214,330
„_
'
.
pfd. stock
(no
stock
Common
the
the manufacture- and assembly of
involved in this Job such problems as:
V
19,076,225
*2,357,634
294,589,288
12,722,014
^-63,214,330
aSsets.__
§Net-real estate, plants, and equipment
Prepaid expenses and deferred charges
Inc
conv.
stock
common'stock
Class A
'
and in
War
—
not consolidated
capital stock in treasury
Common
,
a
:
cumul.
par)-—
$1.50 pfd. stock (no par)
$1 pfd. stock (no par)-,
498,728,376
.
"In
7%
Preferred
133,252,599
45,930,453
Miscellaneous
production," Mr." Sloan continued, "is being
carried out swiftly and aggressively in all divison.
Every effort is
being made to restore partial peace-time capacity as rapidly as pos*
Tsiblei
Because of the high degree of integration in General Motors'
operations, this partial reconversion must take- place in many plants
and portions of plants in many places at the same time, A single plant
of' itself is' of little*, use in automobile production where- many- plants,
from
427,500,000
396,252,674
t498,789048
—
sub.
in
companies
Other investments
Returning to a discussion of reconversion problems, Mr. Sloan ^aid
that,' in view of the present short-ages of many materials, some of
them critical,
and the additional shortages that will develop with
Increased commercial production,
the material procurement problem
is a .limiting factor in scheduling the production and delivery of new
motor vehicles.
'
; V.
•.
"In General Motors reconversion of such limited facilities as have
.
Outstanding
$1,000,000
$2,000,000
certifs.
Co.,
427,676,113
370,226,543
± ;
subordinated debs, '57
issued by Harts-
conv.
conv.
field
short-term,
——
"'112,140,525
Invests,
at
$3,690,000,000
securities,
cost 'j:.—-
"■6%
169,044,392
Inventories
has ended.
Cutbacks and cancella¬
resulting from victory in Europe are
a
at
12-yr. 4%
receivable, U. S. Government.Other accounts receiv., notes receiv., etc.—
greatly
a
Authorized
•
$
164,212,371
Accounts
reduced volume of General Motors' unfilled
orders and revised schedules which will progressively reduce production
during the remainder of this year.
Involved in these revisions are such
anajar volume items as tanks, airplane engines, shells and heavy duty
trucks.
The
total
contractual value
of
the corporation's unfilled
orders for war materials amounted to approximately $2,520,000,000 at
in
reflected
$
Cash i:.'.——
U.
S.
Government
material deliveries was
|'Since then deliveries,
reflecting accumulated stocks and lessened requirements of the armed
forces, have shown a declining trend—a trend which will be accelerated*
now
Dec. 31,.'44
June 30, '45
<
peak rate of General Motors' war
attained early in 1944," Mr. Sloan reported.
tions
Capitalization and Debt (Giving Effect to Present Financing)
Consolidated-Balance Sheet
*
•
"The
*.
569
•
$2,717,836
1;101,521
484,763
14,480,979
5,108,726
2,217,877
■
railway—
from
Net
Net
ry.
railway______
from
1944
1943
$160,718
$177,839.
12,820
47,350
$215,871
71,707
36,470
railway
from
Net
21,450
*40,039
1,391,132
1,337,245
1,050,223
379,336
181,534
74,086
*149,262
283,404
95,612
_
1—
railway
from
''5,824
1,653,835
income
oper.
From Jan.
Gross
The
1942
1945
$298,488
103,035
June—
Gross
income!
Net fy. oper.
1
507,093
251,168
.
manufacturer of radios and
July 27 filed a registration statement
corporation,
ment, on
of common stock.
An underwriting group headed by
& Co. will offer the stock publicly.
Proceeds from the proposed financing,
together with other funds,
will be used to increase the company's working capital, and for other'
shares
100,000
corporate
purposes.
incorporated in 1935 under the name of Namco
prior to the war was engaged in the
model radios, three-way portable sets,
table radio-phonograph combinations, and console combinations.
Since
the outbreak of war all the facilities of the company are devoted to
the manufacture of war-time requirements, with the result that sales
have increased substantially.
The
was
company
shares of outstanding 6 % cumulative preferred
called for redemption on Sept. 1, next at $105 per
share.1
Payment will be made at the Bankers Trust Co., 16 Wall St.,
New York, N. Y.
,,
r
It was also announced that all accumulated dividends on this stock
have been paid to Sept. 1, 1945, the dividend due Sept. 1, 1945, having
the
32,799
been
have
Six Months Ended June 30
1945—6 Mos.—1944
$2,719,660 $5,762,691
$5,110,435
2,151,143
4,328,239
4,064,022
Earnings for Three and
1945—-3 Mos.—1944
sales
of
Cost
Fixed
217,826
210,420
463,971
393,768
$359,845
6,020
$358,097
5,501
$970,480
9,213
$652,645
i
6,891
$365,865
$363,598
$979,693
$659,536
expenses
profit
Other income
___
_
Cr79,000
on
income
income
of
Amort,
facilities
plant
Cr25,000
tax—
.7■■■■■
•"■■■■'■
■■■„
.
"■'
■
■■
247,000
143,000
Operating income
1.....
■■'
246,000
$186,450
$356,339
$335,151
$5.16
$5.68
$0.35
$10.86
$0.67
$10.21
$0.61
Preferred
Common
$0.31
__—
Net
Z>r$27,051 JDr$596,712
$554,411
int. on adj.
Int.
$45,544
$413,073
102,692
581,475
616,150
Dewar, Robertson & Pancoast on July 16 offered
shares of 5*4% cumulative preferred stock (par
and
7,000
$100)
♦Exclusive of interest on
the owners
at $100
.
The
-
offered
was
share.
a
V.
department
a
proceeds,
the
Of
stock
$105
at
per
store
V.
employing 700 persons
"
Dallas,-..Tex. ///■■..:;■■■■.■■-■
at
1945.
162,£ p.
cents per share
record Sept. 1,
and the
usual quarterly dividend of $1.06% per share on the $4.25
preferred stock, payable Sept. 1 to holders of record Aug. 15. ~ Distribu¬
tions of 25 cents each were made on. the common stock on March 13
the
and
June
July 30 declared a dividend of 35
stock, payahle Sept. 13 to holders of
on
common
this year.
paid on the
13,
'
common
directors
The
have .declared
an
initiel
payable Aug. 15 to stockholders
L. Waddell and Frederick
additional directors.—V. 161, p. 1881.
share,
stock in 1944 *were as follows:
March 13 and June 13, 25 cents each; Sept. 13, 35 cents; and Dec. 13,
65 cents.—V. 162, p. 458.
Dividends
Net
.
Chauncey
Idaho Power
(The) Hecht Co.—Transfer Agent & Registrar—
'
12 Months
The Guaranty Trust Co. of New York has been appointed transfer
agent lor $5,600,000 3% % cumulative preferred stock of
this com¬
pany, which operates retail stores and branches in Washington, Balti¬
more, New York,
and Easton, Maryland.
Net proceeds of the sale
of the 3%% preferred stock has been employed in the redemption of
outstanding
preferred and for additional working capital.The Manufacturers Trust Co., New York, N. Y., has been appointed
registrar for the 56,000 shares of 3%%
cumulative preferred stock.
—V.
162,
Net
company at
12 o'clock
until
s^ares
°f
its office
noon
cumulative
respect
Initial
lar
Net
ry.
!&os. End. June 30—
Gross
profit
on
1945
sales—_
1944
$4,591,027
$4,368,700
1943
from
$2.16
^
Operating. prdfit__!_____.___™l_
—
$2,874,482
$2,169:164
$2,410,964
$2,903,286
172,129
>
'
1,269,742
1,465,414
_—:_.™
Other income—.--
1,716,546
$3,075,414^ $3,041,408
administrative exps.
•
166,926
.
Loss
sale
on
Federal
Prov.'
assets
State
and
—_
excess
Convertible
•> 'i
of
divs
•
—
■
Earnings
per
—V.
p.
162,
.
outstdg.
(no par)
share
G~7~5~22i
.....
.
railway_
income—
458.
162, p.
of Co. Only-
directors
248.
p.
v
Net
$333,633
685,749
~ $1.14
v
"
_
In 1944; -the
June 1-and
Pay $1 Preferred
'
,
Net
'
Net
ry.
/
income—
"
396,271
117,795-.
from
railway—
Net from railway--—
Net
—V.
ry.
oper.
6 Mos. End. June 30—
-
♦Prcjv. for Federal income taxes—
Nj.t'income
Earnings
per
common
share—
1945
$603,189
260,000
$343,189
$1.64
1944
415,000
695,000
$420,753 ..< $323,257
$1.54
*C?mpu^ec*
Prevahing rates, ater aoplving en).'re v*»ar'« e»"«ss
tin°« flfx Cue^>. tAfter depreciation of fixed assets and amortiza*
anri
in
tro
1944
improvements of $58,982 in 1945,. $62,240 in 1944
ltiA9iLard,°nt]!fr deductions- 627.
$143,170 in 1943.—V. 160, p. of $166,792 in iy45, $138,685
1*1=^
and
"While
income___
ingot
1
:
6,036,132
2,608,483
V
724,777
-
Kings County Lighting
will
//
1943
-
$797,606
'
■V
345,821
119,281
'
New
1942
$730,313
325,557
be
$4,200,000
received
1,349,381
15,625,516
"
2,500,883
667,932
4,668,402
2,024,951
691,474
/
4,027,395
1,625,330
964,669
.
Net
~
from
Net ry.
Co.-^-Asks for Bids—
Ishpeming RR.^-Earnings—
' / •' /
railway____ /
railway-.
oper.
1945
$371,649
220,257
./
121,643
income..:
from
ry.
—v.
railway.—
from
Net
railway
oper.
162, p.
each quarter
income^—
ii.. ■ OV'.ri
Lanston Monotype
The
1,191,865
447,491
211,461
r
1944
* ', 1943
-$448,133 $463,631
292,543 • 306,367
- 165,500 v: "196,527
1,170,657
419,738
196,795
total
remaining on our books is-still adequate to assure capacity
the present and the immediate future.
Inasmuch as
;
298,848
-
138,104
1,602,109
317,753
128,841
831,750
;
351,515
v :
■
Machine Co.—Split-Up Ratified—
at a special meeting held on July 26, approved a
split-up of the company's stock.
Shares with $5 par
the present $25 par value stock. See V. 161, p. 2788.
stockholders,
five-for-one
value will replace
~
have
1942
$450,126
1,054,202
Indiana Harbor.
we
<
issued:a public invitation for bids for the
first mortgage bonds due-Aug. 1, 1975.- Bids
Bank Farmers Trust Co.;.22 William.Street,
T; on Aug.-6, or such later
■/v/
"
r
Net
the
676,127
300,090
at City
up
Lake. Superior &
Gross, from
Shipped—
has issued the following announcement:
production was practically the same in
926,880
401,998
to 11:00 -a. nt., E_ W.
be fixed.—V. 162, p. 459. >>
.York'15,
date. a$ may,
•
195,474 f
"Although, since the cessation of hostilities in Europe;
some
cancellations of orders for war requirements,
for
1,922,243
Funds, Inc.—Dividend—
,/From Jan* 1—
main manufacturing plant at
output
48,767
corporation announces a
the Keystone Income
""".'The company on July 26
there was an appreciable increase in tonnage shipped in the
second quarter
both by, the parent company and all of its sub¬
sidiaries, resulting in a small increase in earnings.
Operating con¬
ditions were much improved and the opening of navigation in April
allowed a free. movement of ore, coal and stone to the company's
tonnage
4,082
•
.
period,
had
489,437
144,710
able
162, p. 10.
The company
1943
2,078,062
1,130,353
535,752
$264,942
on
Gross
$1,018,257
$2.01
The
.
'
$835,753
2,297,353
1,223,530
railway
railway___^__
income
162, p. 11.
share,
< -
$946,454/
407,864
84,698
Inland Steel Co.—Gain in Tonnage
tConspJidated net inc. bef. Fed. tax
194,379
86,495
1942
1943
$251,804
51,934
semi-annual distribution of 95 cents a
Preferred Stock-Fund. Series, ,"K/\" pay¬
Aug; 15 to shareholders-of record at the close of business July 31.
Of this payment' 36 cents- a share is a special distribution out cf
realized profits.—V.. 162, /p. 136. - "t l
♦, •
■ . '
/
.•
(A.)-Hollander & Son, Inc. (& Subs.)—Earnings—
1944
$347,696
127,385
Income—
oper.
June—
From January 1—
Gross
•
1944
$964,467
railway.
railway
oper.
Ry.—Earnings—
1945
$453,148
273,386
Keystone Custodian
Dividend—
-
from
—V.
RR.—Earnings1945
from
1945—4 Wks.—1944
1945—28 Wks.—1944
$4,460,653 $4,350,480 $31,735,880 $29,479,498
railway-;
oper.
Net ry.
account of arrearages,/
March 1 and June lj
following payments were made: March- 1/
Sept.-1, $1 each; -and Dec. -T,- $2.—-V. 161, -
'
"
from
Inc.—Sales Increased—
Oklahoma & Gulf
from
Gross
on
Illinois Terminal
Net
.
$172,932
: 685,749
$0.91
from
Net ry.
81,009,873
26,951,132
11,585,352
110,955,825 110,633,377 103,693,662
39,034,911
40,150,120 34,991,800
13,383,639
14,054,795
17,244,685
June——
Gross
:/;Z/
fe'■'
1944
$274,349
1945
$351,847
$1.46
_!
railway
from
purchase,of
!
.253,844
514,312
—■. .
>
cents-;
>/'//•'-v:/■
.
10.
162, p.
Gross
-
: :
$941,088
-.253,844
514,312
year.
2661.-
/■'
End. June 30—
earnings
Kansas
1942
1943
quarterly dividend and 31 Vs cents is on
of $1 each were also made- on
62%
■
1,004,261/1 '569,318
■
$290,680
685,749
$1.08
,
$1,101,788
514,312
■ 1
.
•'
stk.
'
! 253,844
—;—.
—-—
>
com.
,710,984
.
$1,058,835
Surplus
Shs.
1,137,998
3 881
225,337
•/'..*
"
.667,227
.
—
pfd.
■■
■
—
dividends
Common
720,493
-
profits
(est.)
income
■
______
taxes
Federal
for
taxes
Net
of
211,354
1,208,112
From January 1—
Distributions
this
income
Gross
Cash discount, etc
1,266,065
-A;/'''
•
Sales
July 26 declared a dividend of $1 per share on
the 5% cumulative convertible preferred stock, par $50, payable Sept: 1
to holders of record Aug. 6./Of this payment 62>/a cents-is the' current
241,801
115,549
meeting held on June 26, took no action with
on the preferred stock.
A payment of $1.25
this issue on May 15, 1944; none since. Simi¬
paid on Feb. 15 and Dec. 15, 1943.—V. 162,
Period End. July 14—
$16,961,252 $14,290,062
6,701,929
5,249,113
4,859,460
2,146,601
2,577,257
1,689,922
>7,371,407
2,667,564
._
income—
railway
oper.
ry.
The
1,530,966
218,345
Dividend—
Jewel Tea Co.,
450,900
$19,929,206 $18,567,220
Illinois Power Co.—To
$3,438,906
Shipping, sell, and gen.
1,499,782
June—
railway-
oper..
from
—V.
Hershey Chocolate Corp. (& Subs.)—Earnings—
1,943,818
167,906
1943
1942
$344,264
$245,202
$1.14
$1.43
$1.02
♦After all expenses, interest, depletion, depreciation and estimated
Federal taxes,
tOn 240.000 shares capital stock.—V.161, p. 2447,
1944
$2.53
1944
1945
on
the dividend
to
v///::
'
3
1,966,313
International Salt Co.—Earnings—
From Jan. 1—
Net
$4,200,514
199,888
135.
p.
and taxes.—V. 162, p. 354.
railway
from
Net
Net
$4,730,391
973,635
450,000
——
-
"
from
Gross
1945—6 Mos.—1944
$528,673
—
share was made on
dividends had been
per
$1,370,845
$1,392,355
1,137,232
stock—
Illinois Central RR. -Earnings
1945,
'J'•
335,061
No Action
From Jan. 1—
preferred
v
fxd.
for
income
—V.
West
105
at
Sept. 27,
on
5y2%
r
256,673
avail,
C Mos.
share
♦After charges
Adams St., Chicago, 111.,
receive bids for the sale
stock to an amount
sufficient to ev.haust the sum of $12,737, at prices not to exceed $104
per share and accrued dividends.
Payment for stock to be repurchased
will be made not later than Oct. 1, 1945.—V..162, p. 458.
The
V
1945—Month—1944
fEarnings. per. share—
1945
Surplus available for common
Number of common shares
June— '
will
'
America—Earnings-
$768,982
revenues
from
ry.
oper.
The directors, at their
of record Aug. 1.
L. Chapman have been elected
————~
——
——
/Earnings -.per
Gross
\
''
operations
dividend of five( cents per
Ended June 30—
'■♦Net income
(Walter E.) Heller & Co.—Tenders Sought—
,
charges
Co.—Earnings—
458.
p.
/
,
revenue
•Net
f.
^
Income
gold bonds, series A
Hytron Radio & Electronics Corp.—Declares
Dividend—Two New Directors Elected—
_
'
*
Railway
and series B, due Jan. 1, 1949, at
Payment will be made at the Irving Trust Co., trus¬
tee, 1 Wall St., New York, N. Y., or at the City National Bank &
Trust Co., .208 So. La Salle St., Chicago, 111.—V. 162, p. 458.
Distribution—
(M. A.) Hanna Co.—35-Cent
ended Aug. 31, 1944, amounted to
$2,723,209 in the previous year.—
with
compared
as
interest.
105 and
The directors
a
period End. June 30—
i
6%
convertible
on
International Rys. of Central
Products Corp.—Partial Redemption—
The corporation has called for redemption on Oct. 1, 1945, through
operation of the sinking fund, $68,000 of first and refunding mortgage
$525,000 will be used to retire the 1% preferred
share, and $145,000 will be used for general cor¬
As of Aug. 31, 1944, the company's
consolidated basis amounted to $51,695,000 and net
Canadian provinces.
the
in
that
30
July
161, p. 8.
the first half
was made.—
Hy grade Food
-
porate purposes.—V. 161, p. 1880.
on
10,
439^002
9,072,679
2,396,755
1,416,525
1
announced
v'
interest instalment of 1% %, or
1 will pay an.
eacb $1,000 of adjustment income bonds for
In April a payment of 2V2%, or $25 a bond,
of
,
operates
company
on Oct.
The company
$17.50 on
first to common stockholders and then to
of the outstanding 7% preferred stock on a pro rata basis
stock
income
oper.
$2,610,110
1%% Interest Payment—
$102 per share and dividend.
The
293,757
14,458,636
5,953,324
2,204,309
working capital to $14,345,000.
Net 'ncome in the fiscal year
'
at
291,677
15,184,277
4,678,852
1,736,306
162. p. 248.
four
$168,403
$223,439
adjustment income bonds.—V. 162, p. 10.
$57,148
$44,045
_________
311,935
15,009,017
4,398,752
1,836,748
railway
total assets
Deficit
1942
$1,754,163
/ 606,211
1943
$2,355,008
808,656
1944
$2,542,075
662,955
Notes Privately — It
the company had sold
$4,500,000 of 2%% notes due March 1, 1965 to a group
of insurance companies.
The notes were sold through
Kidder, Peabody & Co., as agent.
It is understood that
proceeds of the financing will be used to provide addi¬
tional working capital.
The company is one of the largest grain and flour milling com¬
panies in North America, operating eight mills in this country and
$392,711
96,912
Of¬
(A.) Harris & Co., Dallas, Tex.—Preferred Stock
fered—Dallas Rupe & Son, Dallas Union Trust Co.
RR.—Earnings-
International Milling Co.—Sells
<
bonds
inc.
adj.
on
827,171
railway______
from
for
income
bonds
$2,651,286
income
oper.
from
ry.
—V.
$1,203,729
811,018
$52,867
avail,
inc.
Net
55,453
♦$31,624
railway
Net
$1,146,963
56,766
$1,212,832
799,759
*$24,560
From Jan. 1—
3,428,704
8,557
♦$21,344
_________
railway
from
Net ry.
RR.—June Earnings—
1945—6 Mos.—1944
$4,760,877 $4,575,667
$180,370
134,826
30,707
$238,094
19,196
250,522
1945
from
Gross
8,597
19,366
$245,370
20,030
249,900
June—
taxes.—V. 161, p. 2110.
$1,157,379
3,344
$23,753
3,496
41,601
International Great Northern
Net
$171,813
624,071
$207,387
♦Deficit.—V. 162, p. 248.
Gross
3,603,498
506,739
$226,004
$26,588
deductions
Total fixed charges
98,834
$20,409
$110,642
3,289
80,765
income.,
Net income
$8,276,848
6,915,762
529,628
$8,301,826
7,102,966
466,117
35,400
income
Total
1945—6 Mos.—1944
,
$107,126
3,516
Income
oper.
ry.
Other
877,296
$186,213
133,346
Gross income
-V. 162, p. 353.
1945—Month—1944
$1,371,618 $1,265,949
1,152,720
1,110,222
76,372
36,484
accruals..™
Equip. & jt. fac. rents™
716,209
$177,616
♦Income charges
Earnings per share:
.
-
,
$169,188
—
$5,171,418
$3.17
tax
Railway
428,328
income
Non-oper.
,
-
Net income
$5,416,224
$3.32
expenses
was
....
6,662,000
$2,472,734
$1.51
revenues
oper.
——
1945—Month—1944
$772,392
$744,805
594,776
572,992
revenue
oper.
150,000
136,000
114,000
66,000
taxes
income
Federal exc, prof,
opar.
593,979
611,128
Dr$559,702
Oper. exps. & taxes
'_
'
;•
Gross
78,386
83,355
41,148
41,677
—
Railway
Net
•
.
p.
Railway
555,596
522,507
provision for excess profits
Period End. June 30—
normal
Fed.
and
..
conting—
for
Allowance
State
emergency
2,884,000
5,772,000
Indiana Harbor Belt RR.—Earnings—
317,732
-
depletion-
and
Net income
♦No
2,934,000
2,477,000
$2,943,490
$1.81
share
2333.
per
161,
290,174
303,356
Hudson & Manhattan
■Total
Earnings
—V.
273,497
259,405
-
charges
Deprec.
Selling, adver. and adm.
Gross
-
____
taxes
on
$2,734,931
2,157,260
Sales
1,417,000
3,295,000
excess
tax
earnings
Net
Subs.)—Earnings1945—3 Mos.—1944
1945—6 Mos.-—1944
$6,693,654 $8,484,104 $14,585,068 $17,955,460
6,481,722
7,489,297 13,387,468 15,318,646
incomeTaxes, other than taxes
♦Fed.
1,517,000
Fed.
for
profits
(&
Period Ended June 30—
Expenses
502,843
4,868,667
Period End. June 30—
Gross
' '
stock certificates/
484,218
4,818,851
tax
income
Prov.
Miscell.
time secure payment
presentation and surrender of their
redemption price upon
full
of the
.
242,118
2,344,065
normal
Fed.
for
Prov.
new
Hudson Coal Co.
paid to stockholders of record July 20, 1945.
Holders of the 6% preferred stock may at any
been
June 30/45 June 30/44
$19,425,293 $20,088,928
2,474,786
minerals-..
of
pletion
preferred shares will be convertible into common stock at
$25 a common share on or before Sept. 1, 1949, and at a price of
$30 per common share thereafter until Sept. 1, 1955, when all conver¬
sion rights terminate.
Charles Getler, President, states that present plans of the manage¬
ment call for the expenditure of not less than $7,000,000 for expan¬
sion
and improvement of plants and
equipment in order to allow
the company
to take full advantake of its anticipated opportunities
in th post-war period.—V. 162, p. 354.
Preferred Stock—
Hamilton Watch Co.—Calls 6%
All of
stock
notes
authorized.
The
serial
__________242,100
&
bonds
on
Deprec. of plants & de¬
shares not issued in the ex¬
change, are to be sold direct to underwriters.
While no underwriting
agreement has been entered into for sale of these shares or the de¬
bentures, it is contemplated the underwriting group will be headed by
Paul H. Davis & Co. and Union Securities Corp.
In
addition to the issuance of the debentures and new preferred
stock, the recapitalization plan provides for reclassification of the
class B stock into common stock, ot which 2,000,000 shares would be
Manufacturing Co., Inc., and
manufacture of various table
income
♦Net
Int.
along with any
shares,
16,500
These
Periods (Incl. Subs.)
-—-6 Mos. End.-—
3 Mos. End.
June 30/45 Mar. 31/45
$10,472,376 $8,952,917
Period—
exchange offer.
the
in
Alstyne, Noel
Van
year."
Earnings for Stated
additional $5 a share to the company.
This $5 payment
represents the difference between the par value of the new stock and
the $45 redemption value of the class A stock.
To facilitate
the exchange offer to class A holders it is proposed
that class B holders release their pre-emptive rights to the 173,500
shares of the new preferred stock to be offered in exchange.
Both
class A and
class B holders, meanwhile, are asked to release their
pre-emptive rights to the 16,500 shares of the new stock not involved
Corp.—Registers with SEC—
other electronic equip¬
with the SEC covering
Hamilton Radio
months of the
of an
ment
♦Deficit.—V, 162, p. 135,
The
practically all of the tonnage in our current schedules carries pref¬
erence
ratings under the WPB's Controlled Materials Plan, we have
not as
yet been able to schedule tonnage for civilian needs of the
type which carry no preference ratings.
With the availability of
increased manpower and
relaxation in the WPB controls, we hope
to be able to include such tonnages in our schedules in the later
Houdaille-IIershey Corp.—Plans Recapitalization—
stockholders will vote at a special meeting to be held Aug. 28,
on a plan of recapitalization which calls for the issuance of $6,000,000
15-year debentures with an interest rate not to exceed 3lA'/ot the
issuance of
190,000 new $50 par cumulative convertible preferred
shares and the retirement of the present class A stock.
The plan provides for the offer of one share of the new $2,25 pre¬
ferred stock in exchange for each share of class A stock upon pay¬
RR.—Earnings—
Gulf & Ship Island
Monday, August 6, 1945
CHRONICLE
& FINANCIAL
THE COMMERCIAL
570
La
Salle-Wacker Corp.—Pays
Interest
on.the first
by Coupon No.
Back Interest—
(closed) morteage (income) bonds
26 in the amount of
-
represented
2J/a% of the principal amount of
and the balance of interest (in full),
No. 14,*V2%, accumulated on
bonds,
the
Coupon
lated
on
i/2%
accumulated
Stuart & Co.,
p.
433.
'
,
June—
$251,481
76,833
Net ry.
Net
railway
railway
from
21,660
21,539
—
—V.
152,508
aos
173,275
_
expenses
—
855,992
Net
ry.
3,161,138
1,057,504
2,853,460
1,012,837
652,182
665,090
622,235
414,820
income.
oper.
2,994,179
1,053,834
2,696,346
545,729
railway-*
from
70,493
1944
$526,696
188,132
114,323
1945
Net
1942
$568,396
236,069
143,699
$560,480
187.503
125,062
railway
from
1943
$396,398
100,109
•
Net
ry.
railway
from
—V.
railway
from
Net
income
oper.
162.
—
11.
p.
,t
RR.—Earnings—^
Lehigh Valley
1945
$6,829,783
1,817,778
1943
$7,329,919
2,382,262
1942
$6,701,916
2,556,348
*40,663
1,000,783
1,078,482
1,046,988
50,361,591
43,968,607
34,214,835
8,710,317
14,832,271
14,727,354
10,599,159
1,924,112
railway.
from
Net
railway
from
$8,538,502
2,531,640
41,937,552
June—
Gross
5,153,309
6,595,089
4,626,638
income.—
Net ry.* oper.
•
1944
From Jan. 1—•
from railway—-
Gross
Net
Net
ry.
railway
from
income—
oper.
•Deficit.—V. 162, p. 249.
Co.—$40,000,000 Debentures
Placed Privately—Company on Aug. 3 announced the
sale of $40,000,000 of 2%% sinking fund debentures,
due in 1965, to the Equitable Life Assurance Society of
the United States at par. The announcement stated that
the long term financing "seems advisable in order to
provide funds for the continued expansion of the com¬
Liggett & Myers Tobacco
pany's business.''
discount rates.
prevailing prime commercial
%%%-i the statement said.
at
The
company
162,
Hughston
gain
Net
-
Depletion
$2,486,215
392,798
321,697
——Vft
10,594
-
Depreciation
Interest
-
1944
1943
1942
$2,321,345
424,213
304,291
$2,132,697
330,125
327,334
$2,867,253
343,333
352,844
38,883
14,022
115
♦Accrued Fed. and State
1,147,198
for period—
f Adjust. of - accruals—
•Includes excess
885,497
1,519,672
$595,790
$575,719
$651,288
336,310
.123,716
—_r__
——
$452,003
$314,978
profits taxes;; tFor Federal and State income and
$595,790
$613,928
period.
the
for
Gain
958,168
$613,928
taxes
income
Net gain
profits taxes.
Net profit for the six months ended June 30, 1945,
$1 148 159 after charges and Federal income and excess
compared with $1,038,436 in the 1944 period.—V. 161, p.
amounted to
profits taxes,
2001.
Interest
t$97,601
*$2,569
931
1942
*$2,006
658
1943
t$95,443
interest—
before
Profit
1944
795
1945
30—
——
$96,670
shares
1,007,801
Long-Bell Lumber Co.
The
of
*$2,665
*$3,364
capital stock.—
V. 161. P. 2001,
railway
from
Net
Net ry.
1944
$3,899,294
1,139,430
1943
$4,029,895
1,612.323
1942
$3,027,442
863,219
566,833
332,385
797,299
228,300
21,613,157
21,043,844
19,887,495
15,522,957
1945
—
income
oper.
from
Net
ry.
4,987,328
income—
oper.
4,097,591
4,722,409
390,094
1,135,461
585,477
r-V, 162,. p., 136.
1945—Month—1944
1945—6 Mos.-—1944
$1,878,579 $1,724,017 $10,894,506 $9,964,218
976,458
987,912
5,993,859
5,993,860
481,000
375,000
2,5#35,600
2,049,400
85,557
78,850
483,962
462,884
71,998
64,927
ft 394,374
348,645
ft
10,697
11,634
66,709
63,701
Period End. June 30—
Other
oper.
revenues
oper.
expenses
income
taxes
accruals..
tax
Equip, rents (net)—Dr.
Joint facility
(net)—Dr
Net ry.
—V.
oper.
■
$252,868
income
162, p. 11.
Co.—June Earnings—.
$205,695
$1,045,728
$1,370,002
\ .ft .*•.
.■
.ft:':,;•;.ft■' ftftft
ftftftftft ft-/'ftft- ftft;ftftv' ftftVftv'ft,- ft ft
Louisville & Nashville RR.—Earnings—
Gross
from
Net
from
Net
ry.
railway—.
railway.——
oper.
income—
1944
1943
From Jan. 1—
Gross
from
Net
ry.
75,729,999
28,712,420
10,025,684
103,085,736
46,384,059
12,447,950
13,178,430
railway— 106,913,009 106,597,358
railway.:.—
39,455,909
41,372,713
from
Net
oper.
income—
12,698,367
Listing of Series B Bonds—
'
The New York Stock Exchange has authorized .the .listing of $53,,119,000 first and'refunding mortgage '2%'%' bonds/series G, due iApril 1,
162, p. 460. ft
' • 'ft.■
'•'ft.,ft:.,"ft " 'ftft'ft ft -"ft.
ft;
2003.—V.
20,622,771
5,979,773
railway—
railway—
2,434,076
income—
oper.
909,063
20,075,529
7,934,916
2,935,295
12,329,090
3,343,547
1,860,383
Net
ry.
Inc.—Earnings—.
wholly-owned
(Including
subsidiary)
1943
1942
•Net
profit'.
——
t$474,8l4
$74,447
$649,702
$120,000
Com.
Shares
outstandg.
601,384
512,874
512,874
512,874
share.
$0.69
$0.03
$1.15
$0.12
6 Mos. End. June 30—
Earns,
com.
per
•After
Federal
tAfter
$384,495.—V,
ft
1945
1944
income
Canadian
and
dividend of 25 cents per share
$2 convertible preference stock,
in
on
no
—V.
162,
p.
Adjourned—
essary
848,733
281,714
133,165
839,806
277,255
114,985
901,367
706,680
396,468
276,275
tive
203,321
133,383
liberalized
par
$110,760
31,854
would
income—
12.
....
ry.
value,
The stockholders
convertible
the
shares
income—.
1—
railway
railway—...
from
from
ry.
$3,786,337
762,537
730,686
537,481
1,041,391
609,467
11,818,331
15,120,087
21,253,568
1,810,795
4,529,039
5,552,572
V:
.
.
,
3,491,050
951,414
tlncludes
Ry.
t
^■
2,469,516
Central Ry.
162, p. 12.
(Including Wholly Owned Subsidiary Companies)
from
and
Net
oper
amortization
from
Net
68,698
31,099
income—
Net ry. oper.
From Jan. 1—
'railway..'.ft from rarlway—Llft'
ry. oper. income.ift-
Net
Net
—V.
162.
36,287
39,084
438,881'
*
200,516
148,405
855,321
682,808
321,210
220,677
From Jan.
from
ry.
—V.
Earnings per share
—V.
1942
$295,510
$254,603
$238,345
127,533
93,538
34,929
89,226
1,472,296
535,637
1,512,028
1,487,570
767,090
677,793
733,627
221,744
183,709
204,825
333,046
35,689
income
161,
30,714
—V.
income
1944
1943
1945
$7,958,421
2,784,932
railway
income
$7,603,741
$6,303,241
2,640,691
1,525,797
511,700
393,343
,
.
.813,321.
from
Net
from
45,198,828
15,112,839
3,752,195
railway
ry.
—-V.
oper. income
162, p. 355.
Henry J.
addition
-
from
Net
from
Net
ry.
railway
of
railway
oper.
income..
Gross
Net
Net
from
6,783,103
approach
3,673,804
3,325,346
3,568,628
more
ry.
46,752,276
oper.
income..
16,399,207
Payment of Principal and
114,011,585 107,102,797
49,265,252
47,699,253
21,513,574
15,982,550
73,353,338
bonds
Evanston,
road's $18,-
t
»'i
represents a
/-
f>»
,
Securities,"
one
fund
new
such
from
Initial
groups.
selection
represents: the
building, household and office equipment, and .i^ilroad
all four of which have large post-w.ai" backlogs
groups,
The
directors
the
on
The
capital
last
on
July
stock,
31
_
160, p.
1082.
;
Aug.
•
13
to
'
-
,
Naumkea? Steam Cotton Co.—Purchase
—Offer
Royal
Island
trustee
has
the Naumkeag company,
was
to
at
.ft'1 11
Falls Through
Withdrawn—
Little,
Foundation,
early: in
Dividend-—
of 10 cents pef« Share
holders of record Aug. 3.
year-end of 15 cents on Dec. 20,
declared a dividend
payable
previous distribution was a
1943.—V.
was
mortgage and income bonds of this subsidiary, stating the
Groups
National Tool Co., Cleveland—Resumes
representing a group of bondholders.
learned that disbursement of the funds will not
be
made immediately
pending determination' by the trustee as to
whether an appeal will be taken by the minority group which opposed
the payments.
If no appeal is filed within the 30 days allowed for
application to the Appellate Court for a stay of the lower court's
order, the funds can be released.
-ft-.ftft Judge
Moore granted permission for the payment after Guy A.
Thompson, trustee, said his policy was to pay outstanding current
and back interest before attempting to retire the funded debt of the
road or its subsidiaries.
Counsel for the Comstock group, which holds
$900,000 oi' bonds secured by stock in the New Orleans, Texas and
Mexica RR.; ■ objected tor payment of-• $2,283,350 in interest on first7
it
.. .
Two;New
"j
group investment
by selecting not less than three or
five industry groups
and confining portfolio issuqsi, to a
„
pay
Comstock,
However,
1945, $62,000 of
.
Interest Ordered—
George H. Moore at St. Louis July 27 authorized the
$42,261,067 in principal and interest on outstanding
of "Mop" and subsidiaries over the objections presented by An¬
( t '
*,
represented by pent-up demands.
Changes in industry groups can be
made from time to time by; the investment management,,
The .initial
offering price is $5 per share and the estimated return is '5%.
The second fund,
known as "Speculative Series," is representative
of a portfolio of speculative securities selected for high return.
In¬
cluded in the initial portfolio are preferred and common stocks that
currently give a composite return to the investor of 8%.
iTjie offering
price is $5: per share.;.
' ■
•
^ "I ftft:
Although only established in the fall of 1940, the assets of National
Securities Series now exceed $26,000,000.—V. 162, p. 3. .
^
Federal Judge
to
'
Simonson Jr., President of the corporation, announces the
two investment series to the National Securities 'Series
selection
equipment
27,856,932
20,121,816
4 >
to
than
limited
113,670,793
railway
railway
from
f
1.
'
23,383,702
9,386,670
From Jan. 1—
^
Redemptions—;
ft
"Selected
Entitled
36,731,961
;,.v 1943;
..194.2
.1945";
'
1944
$18,919,246 $19,004,360 $17,159,902 $14,766,764
6,717,955
6,655,249
7,343,993
7,936,437
2,706,970
5,044,479
2,252,043
2,238,200
.»
ft "
_
called for redemption on Sept. 1,
'
12,373,261
Missouri Pacific RR.—Earnings
'
>
Series to Group—
automotive,
Gross
%
the
of
39,900,363
'
,
•
'
'
!
161, p. 2663.
group.
railway
shares
National Securities & Research Corp.—Add
1942
$4,445,477
1,193,388
625,210
1944
$61,802
$0.63
$118,905
$1.19
taxes
and interest.
Payment will be made at The Chase National
City of New York, trustee, 11 Broad St., New York, N. Y.
102 »/2
at
•Earnings—
From Jan, 1—
Gross
.
sinking fund debentures, 3'/4% series, due 1955, at 101V2 and interest,
and $42,000 of sinking fund debentures, 3'/4% series due April ft 1957,
Bank
railway.
ry.. oper.
$0.90
......
1945
30—
National Oil Products Co.—Partial
The company has
1,711,576
railway
Missouri-Kansas-Texas RR.
Net
'$551,301
$0.39,
: ft ft":;.
..
160. p. 1188.
j
75,367
—V.
from
ft
,
profit after charges and
168,214
,
161, p. 137.
from
2113.
p.
9 Months
$227,262
shares
common
Earnings per share on 100,000 common
i—
railway
oper.
3 Months;,
464,013
on
6 Months Ended June
Net
1943
$298,538
—
railway.
from
1944
1945
from railway
Gross
Earnings—
taxes.——.
profit after charges and
143,990
152,253
Missouri Illinois RR.—Earnings—
ry. oper:
$2.27
National Oats Co.—Earnings—
June—
Net
1
and reserve.—V. 162, p. 250.
Period Ended May 31, 1945—
137.
p.
2,045,451
$2.48
25,366
v
342,297
$4,638,445
2,045,451
;
National Linen Service Corp.-
1
11,795
1,114,747
$5,071,113
$2.41
outstanding
share:
•After depreciation
Net
995 890 -
$5,500,525
2,280,275
—
shares
per
$117,605
,.
from
Gross
$171,741
64,932
29,238
$173,777
railway
railway
from
$129,681
1944
1945
June—
1942
expense-
profit
Earnings
1943
s 1943
'
1944
1945
ft
1
ft
v
$19,956,466 $17,816,279 $12,918,203
419,941
527,304 ftft 653,095
Prov. for Fed. income, capital stock
'
ft1
and excess profits taxes
14,036,000
12,217,862
.7,626,663
•Earns,
Interest
Common
Missisippi Central RR.—Earnings—
Gross
Corp.-—Earnings— :
6 Months Ended June 30—
18,828,162
4,497,523
3,313,422
Wisconsin
to the board.
Officials said that the direc¬
issuing the stock in the near future.Tr-V. 161,
up
for
National Distillers Products
571,599
e
Central
Wisconsin
plans
this
2449.' ft
p.
928,053
428,704
*
.
more
left
issue
no
stock
on
'
$3,497,537
income...
oper.
•Excludes
—V.
in one or
the
on
have
the reduction of unissued $5 cumula¬
from 71,386 to 50,000 shares, and
stock, empowering directors to issue
series, with rights, qualification and limita¬
also approved
preference
restrictions
the
tl942
11943
$2,604,772
railway.—
/From January
Gross
RR.—Earns.
$2,669,759
railway
oper.
meeting held in July, approved an
of $2 class A stock now outstand¬
shares of common stock, 50 cents
would be eliminated from the com¬
special
pany's capitalization..
-»
•
The exchange, effective Aug. 1, will eliminate 22,139 shares of class A
1,537
,ft;
♦1944
*1945
June—
Net
a
stock.
Minneapolis St. Paul & Sault Ste. Marie
Net from
at
exchanged for 3V4
and the class A stock
be
ing
tors
from
stockholders,
exchange plan in which each share
17,958
1
Approved—
National City Lines, Inc.—Plan
The
22,826
162, p. 356.
meeting will be held some time this month.—V.
1942
1943
meeting called for July 26 to consider an increase
common stock from 145,000 to 500,000 shares has
adjourned indefinitely in order to provide time to work out nec¬
legal details.
It was indicated that the next stockholders
been
tions
Gross
authorized
the
,
13.
162, p.
The stockholders'
.
and Canadian income taxes.
and excess profits
taxes of
estimated Federal
and
charges
$131,956
railway——
oper.
492,698
138.
162, p.
12,683
railway——
from
drew W.
I'
1942
$17,823,769 $18,257,672 $17,022,661 $14,533,316
6,305,487
7,232,297
7,974,207
6,295,715
2,104,553
2,139,657
2,189,196
1,662,324
1945
June—
$2,527,621
1,515,147
235,991
21,355,743
5,917,483
2,306,597
183,962
$3,669,995
National Automotive Fibres,
From Jan. 1—
trustee
.
—V.
Preference Dividend—
"
Louisiana & Arkansas Ry.
Federal
ry.
1944
$138,403
42,967
income—
June—
Railway
Railway
from
Net
3,560.626
1,062,799
railway—
from
Net
railway
Net
17,340
railway.
oper.
Net
From Jan. 1—
Gross
a
the
1942
$3,409,959
843,496
173,666
783,508
-
income—.
oper.
1945
$141,895
42,144
railway
from
Gross from
Net
$4,223,195
1,418,417
railway
from
railway
from
Gross
Midland Valley RR.—Earnings—
June—
Gross
RR,—Earnings—
June—
Gross
on
June-—
Long Island
ry.
cost of
at rate of 10 cents per share
tlncludes dividend of $100,780
•Loss,
on
$91,504
months—
Profit for 3
declared
have
accumulations
of
Net
3,669
*
—
Net
value, payable Sept. 15 to holders of record Sept. 1. A like amount
was
paid in preceding quarters.
Accruals on this issue on June 15,
last, were said to amount to $14.75 per share.—V. 160, p. 329.
Net
Federal taxes
from
$3,287,117
railway—
1943
1944
1945
from
Net
par
Net from
270
3 Mos. End. June
St. Louis Ry.—Earnings—
Nashville Chattanooga &
June—
Gross
Chicago
Mart,
directors
$2,228,875
$0.52
291,110
$1,441,685
share
per
National Battery Co.—Meeting
account
1945—9 Mos.—1944
$677,549
$412,260
From January 1—
Building—
Midland Oil Corp.—25-Cent
Gross
Long-Bell Lumber Corp.—Earnings—
first
(& Subs.)—Earnings—
1945—3 Mos.—1S44
$0.09
$0.16
$0.33
•After all charges, including provision for income taxes.
tOn
shares.—V. 161, p. 2663.
/
over
Net
Subs.)—Earnings—
Bonds—
$4,000,000.
Joseph P. Kennedy, the prospective owner of the building, said that
the present policy of the mart to serve as a marketing center for the
nation is to be carried out.
(New York "Sun.")—V. 161, p. 2788.
be
has called
America, the successor company,
profit—
tEarnings
McBain, President, confirmed the sale of the
constructed by this company in 1930 at a
M.
Corp.—Redemption of Bonds—
569.
Period End. June 30—
apploximately $30,000,000.
He said that the liquidation of Marshall Field's wholesale business
between 1935 and 1937 resulted in a decrease in the store's occupancy
of the building from
1,000,000 square feet to less than one-fifth of
•that amount of space.
This put the company into a real estate opera-;
tion to a degree never contemplated.
The sale price is rumored at approximately $19,000,000,
and it Is
presumed that some part of the loss will be charged against Federal
taxes.
The building is about 99% rented, and revenue is believed to
ry,
1945
$372,911
$366,673
below.—V. 162, p. 461.
Nash-Kelvinator Corp.
•Net
outstanding
Merchandise
Net
30—
$46,993
Marshall Field & Co.—Sells
from
Long-Bell Lumber Co. (&
144,948
etc.
'.ft,ft;.-ftft'.ftftft
.ft; .'ft;
;
the outstanding Morris Plan
bonds, series A, due Sept. 1,
at 101 and interest. , Payment wili be made at the Chemical
& Trust Co., trustees, 165 Broadway, New York, N. Y.—V. 160,
1947,
p.
refunding mortgage gold bonds, 5%
called for redemption on Sept. 1, next, at
Sept. 1, 1945, including interest at the rate
instalments of interest due Sept. 1, 1942,
to March 1, 1945, from the respective dates thereof to Sept. 1, 1945.
Payment will be made at the Chase National Bank of the City of New
York, successor trustee, 11 Broad St., New York, N. Y.—V. 161, p. 671.
Net
3 Mos. End. June
139,940
$1,240,152
867,241
$44,817
the
of
Net
Beach Gas Co., Inc.—Tenders Sought— 1
Empire Trust Co., trustee, 120 Broadway, New York, N. Y., will
until 3 p.m. on Aug. 6, 1945, receive bids for the sale to it of first
mortgage 5% 40-year sinking fund gold coupon bonds dated May 1,
1916, to an amount sufficient to exhaust the sum of $7,677, at prices
not to exceed 105 and interest.—V, 160, p. 433.
245,699
$1,201,998
835,325
ft'ft - ft;
.
America—Calls Bonds—
redemption on Sept. l, 1945. all of
Shares Corp. 6% secured convertible gold
series, due 1946, have been
101 and accrued interest to
of 5%
per annum on the
Net
Long
74,754
$191,941
Manila Electric Co.—Calls 5%
Gross
The
$961,736
.■■
Plan Corp. of
The Morris
for
136.
p.
this revolving credit
Lion Oil Co.—DealingsCommencing Aug. 2, 1945, dealings on the New York Stock Exchange
will be in the common stock of Lion Oil Co,, in view of change of
name from Lion Oil Refining Co.—V. 162, p. 460.
Drl29,552
$956,299
ft;-:
Morris Plan Shares
Dr91,018
Drl57,448
Drl33,241
ft
ft; ft;
See Morris Plan Shares Corp.
7,299,586
1,461,510
1,205,395
67,949
Net income
—V.
has been extended to run for a five-year
1945. Its sole other funded debt consists
1951.—V. 161, p. 2788.
has made Arrangements whereby
agreement with the banks
period commencing Aug. 1,
of $12,886,600 of 5s, due in
The current rate is
$9,943,402
$184,757
income
The
indenture the company is required to pay
the retirement of the debentures, without pre¬
mium,' due in 10 years, thus providing for the retirement of one-half
of the issue by the time of its maturity.
In September, 1943, the company entered into a five-year revolving
credit agreement with a number of its depositary banks under which
it had the option to borrow up to $75,000,000 until September, 1948,
of the
terms
the
Under
$2,000,000 annually for
461.
Morris Plan Corp. of
Bank
All
Gross
The group also
6 Mos. '44
278,416
Other income
Gross
June—
$117,187
$116,808
income-
Deduct, rentals int.,
Gross
Dr21,510
243,183
England RR.—Earnings—
Lehigh & New
Cr5,932
Dr23,723
Cr23,582
should go to retirement of its $43,000,000 first
<
ft /
objected to Mr. Thompson's plan to retire $24,183,600
in principal and $484,792 in interest on the St. Louis, Iron Mountain
and Southern Ry. River & Gulf Division 4%
bonds, and $339,800 in¬
terest on first mortgage bonds of the Cairo & Thebes RR.—V.
162,
surplus
cash
000,000
mortgage.
p.
ft
6 Mos. '45
306,253 '
114.916
Equipment rents
Joint facility rents..—
oper.
1944
$1,609,311 $10,501,596
1,168,080
8,049,213
1,382 243
——————l—ft-
Net ry.
'
$1,611,895
revenues
Operating
Taxes'
'
1945
Operating
.
28,98o
1,607,485
723,415
150,285
oper. income—
162, p. 136.
Net ry.
oa
1,753,114
675,781
1,678,61:5
599,001 :
-
1942
$300,127
$206,032
income-
oper.
from
Gross
$272,339
90,343
21,583
railway
Net from railway
from
June Earnings—
Maine Central RR.Period End. June 30—
River Ry.—Earnings—
1945
1944
1943
Lehigh & Hudson
Gross
1, 1945 in
Halsey,,„
debentures.—V. 160,
1
.
the week ended July 28, 1945,
totaled 30,500,000 kwh.
as
compared with 31,471,000 kwh. for the
corresponding week last year, a decrease of 3.1%.—V. 162, p. 460;
of this company for
output
Electric
on Coupon No. 17, was payable Aug.
New York, at the office of the paying agent,
Inc.
No interest is payable on the
and
Chicago
(Ky.)—Weekly Output
Louisville Gas & Electric Co.
i.e., V/2%, accumu¬
Coupon No. 15, and
571
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4409
Volume 162
June.
noon
under declaration of trust for the '.Rhode
not to purchase the capital stock of
in line with his offer of $135 per share made
decided
The deadline for the acceptance of Mr. Little's offer
July 28.
The deposited shares are: being' returned
the: Second National Bank of Boston,, .acting as
on
their -owners r by
agent;'
offered
because less than 93%' oft the
for. purchase. ; ftft ■ft:ftftj:ft-
outstanding-capital stocjc wa3
....
ft'ftft-
l
356%
p#
!•'
<•
offer, it was
made his
Little
Mr.
•'S
•
'-V. *
.■
.
\
The
'
Wproceeds
-
■
New York, New Haven &
the issue, will be
to redeem all of the out¬
preferred stock and to advance to J. J. ,Newberry Realty Co., a wholly-owned subsidiary, an amount sufficient to
redeem all of
its outstanding preferred stock.
The balance of net
proceeds will be added to the general funds of J. J. Newberry Co.
According to the prospectus company expects to spend approximately
$5,500,000 in the years 1945 to 1948, inclusive, in connection with the
opening of additional stores
and the expansion and alteration of
present stores.
162, p. 356.
Total
&
ended July
week
13,075,482
above
year
.
fixed
♦Net
Net
ry.
4,170,700
*93,497
4,695,570
\ 312,998
3,967,798
411,610
income—
"*253,167
23
♦Deficit.—V.
162, p.
.
,
Preferred
162,
(no
par)
par)__
,
New England Telephone &
Operating, revenues
oper.
6,979,750
1,227,248
;
Operating taxes
income
—V.
$1,245*739
-
$1,204,985
*20,779
Co.
,.
771,959
4,091,344
...
457,698
1944
1945
;
from
Net
ry.
_
Gross
from
Net
ry.
6,414.268
2,735,785
818,123
649,953
income—
'
—V.
162, p.
13.
Jurie—
•
1945
June—
Gross
from
Net
Net
ry.
from
Net
ry.
—V.
5,585,368
4,369,944
2,696,133
949,185
income—
1,850,782
251.
income
*
•
'
*
y
-
«•*' *
.
.
'
"
in
,;'
1944
■
.
'■
1943
1942
$1,360,441
$1,657,330
$1,398,947
$2,883,780
*978,900
*1,174.000
*952,000
2,372,800
,
$381,541
$483,330
$446,947
per
share__._
259,120 ':;
$1.86
259,120
$1.47
the
year
.1944.
1943
year
.
'
.
net profit,
New York Connecting
June—
$1,72 %v;'
railway
in
income_i- "
from
1944
$320,909
200,126
•
ry.
oper.
162, p.
—
income—
,,
.639,159
932,682
138*
.
of
Pacific
Gas
July $6. declared an extra dividend of 50 cents per
semi-annual dividend of $1.50 per share oa
Ry.-—Earnings—
I
-
1943 1
1942
$13,980,276 $13,437,477 $12,207,805
$9,448,389
4,464,635
4,770,568
4,838.015 ; 2,983.703
2,000,046
2,046,198
2,683,262
1,998,255
..
,
1945
.
railway
railway
from
-
1944
I
SJ
72,970,408
75,076,826
66,772,079
49,489,469*1
18,102.913
23,662.918
24,510,573
13,345,554
9,852,152
railway-
10,657,283
14,349,269
9,621,169
railway-*—*..;.
from
income
oper,
—V. *162.
251.
p.
*
Co.'(Del.)—Weekly Output—
Northern States Power
Electric
■
totaled
output
45,819,000
of this company lor the week ended July 28; 1945,
kwh., as compared with 40,283,000 kwh. for the
Northwestern Pacific RR.—Earnings—
-June—
Net
Net ry.
2,912;360
3,034,451
471,706
147,-590
*23,328
102,048
76,809
3,109.865
636,456
2,889,738
2,929,415
2,084,691
440,966
734,857
317,694
328,122
148,952
443,509
v
railway
from
Net ry.
income
oper.
♦Deficit.—V*.
162,
%
139.
p.
118,093^
;
88,573
'
Northwestern Utilities, Ltd.—To Sell Additional Stk.
the
•
;
July 26 issued
The SEC on
sell
and
issue
to
western
to
an
order granting a proposal by "North*
International
Utilities
Corp.,
at
par„^
'
20,000 shares of common stock, $25 (Canadian) par value per share,
for-an aggregate price of $500,000 (Canadian), which at the present
official rate of exchange will approximate $454,545 in United Statea
currency.—V. JL61, p.
81,934
1098.
;
cents per
dividend of 25
fj
share has been declared on the common
value, payable Aug. 29 to holders of record Aug. 14.(1
This compares with 20 cents per share paid on March 1, last, and
on March 1, and Sept. 1, 1944.—V. 161, _p. 2664.
stock,
373,864
545,714
.
' '
'
Norwalk Tire & Rubber Co.—Larger Distribution—
A
1,946,199
759,014
1,382.167
1,337,047
$530,008
22,985
oper. income—
Gross
Net
-.1942
$429,954
$464,280
.
From Jan. 1—
from railway
;
1943
$551,354
159,097
105,063
railway
railway
from
1944
1945
-
from
Gross
227,833
*
•>
1
.
■■
VY 92,842
.
■
'•%>
"
•
1942'
$193,203
; 69,'577
$214,923
70,323
78,232
:
'
1,328,245
718,514
530,643
891,852 >• .635,087
1,503,986
,
,
Corp.-*—-$40,000,000'Bank Loan
no
par
Norwich Pharmacal Co*
Fed.
for
1945—6 Mos.—1944
$476,520
' $361,526
$976,610
311,128
Operating profit
Reserve
Earnings—
1945—3 Mos.—1944
Period End. June 30—
;
203,527
633,126
taxes-
$921,543
576,767 ?
:
-
'
;
*
1,500,038
"889,758
-938,340
■*
Net
earnings
Earnings
V.
of
of J.
V.
Buffalo,
P.
160.
and
trustee,
161,
per
_i
$165,392
$157,999
$343,484
$344,781
$C.21
—
$0.20
$0.43
$0.43
.share
2113.
p.
2407.
Efforts
.
bond redemption fund at the Marine Trust
Main St., Buffalo, N. Y., or at the office
Incorporated, 23 Wall St., New York, N, Y.—;
of
a
minority
group
Upheld—
replace
to
the
■
Corp.—Registers with SEC;—
>
•The Ansonia Electrical
L, Lloyd, Chairman and ^1
Two new directors, B; V.-Christie, Houston,;!
and E. H. Bryan, New York engineer, wero
added.
: '
{ u
A suit has been filed in Superior Court by the minority group alleg¬
ing management incompetence and seeking to have the court set asida
an option of 100,000 shares of common stock-which,
attorneys^for tha/l
minority group stated, was voted by officers and directors to them*'|
selves as a salary incentive at a special meeting in December
1944
i
investment
banker,
.
.
V.
of
exchange Triumph will be converted into a
Noma
summated
'The
resume
as
6f
until
a
later
controlled- subsidiary
although the exchange offer will not be con¬
July 31,
date.
■
v
-
the
p.
463.
' "
'
"
"
••
.
.
manufacture
lighting field
and
and
sale
to
of' its
continue
products
the
in
Christmas
the
manufacture
of :toys
household and marine-type heaters.—V,-162, p. 462.
•
as
.
' ; ..."
.■
ii
J
^
•
1
Nunn-Biish Shoe Co.—Earnings—.
.
-6 Months
Net
sales
EndeH April 30^—
' ';
'
•
.
.
1
after, charges
!
;
1945
and taxes
>
127,285
_____
Earnings per share on 127,266 common shares!
—V. 161, p. 211. •
?„.V
"/v
(Continued on page 607)
•
•
:
i
'1944..
$5,561,139
$5,815,943
—
1
]
■
Net income
registration statement said Noma and its, subsidiaries intend to
decorative
well
as
162,
Co.,>a'Wholly-owned subsidiary of Noma, holds
shares of the Triumph stock and 19,334 additional shares tare
■owned beneficially ?by officers of Noma and. their families. >As a result
,200,000
of the
by ti
Among those reelected to the board were C.
Tex.,
,
The corporation registered July 27 with the SEC 247,361 shares of
fully paid non-assessable ($1 par) capital Stock, which will be offered
to
stockholders of Triumph
Industries,' Inc., on an exchange basis
of one share for each two shares of $2 par value Triumph common.
heli if
meeting,
directors'
.
Noma Electric
this
of
management
L.:Frank Pitts, President.
•
,
Nu-Enamel Corp.—Management
corporation failed when stockholders at their annual
:on July 24, elected the management-proposed slate of
vote of 261,086 shares to 12,959 shares.
237
Morgan & Co.,
p.
Co.—Partial Redemption—
:
$T,000,000
due March
and interest.Payment will be-made out of moneys
amortization
the
Co.
or
%;
.
1943
,
184,854
1,396.212
railway.
/
RR.—Earnings—
$216,975
109,615
.
railway——
oper.
Net from railway
Net
;
'stock,
Gas & Electric
& Electric for every 100
regular
oper. Income
Net ry.
has called for redemption-on Sept. 1, 1945,
first and refunding mortgage 3Va% bonds
1,-1966,--at 106Va
:
<•
company
of its outstanding
$1.97
after renegotiation, was $922,808,
From Jan. 1—
Gross
in
From Jan. 1—
Gross
Net
the
and
Niagara Falls Power
.259,120
-
1945
-
from
from
2113.
p.
„
$510,980
i
259,120
applying estimated post-war refund.
$3.56 a Share.—V. 162, p. 356.
ry.
share
one
.
from
Net ry.
Machold,
Co.
The
..
the full
Gross
purchased,—V; 161,
,
reports that renegotiation of 1944 war ■ contracts has
been completed, with the result that net profit for that year, restated
to
reflect this adjustment,
amounted to $779,756, or $3.01 a share
Previously a net profit of $870,624, or $3.36 a share, had been reported
Net
1944
$447,753
stock,
.
from
Net
President, announced July 31 that the Marine
Manufacturers & Traders Trust Co., both of
Buffalo, head a group of 15 banks which have agreed to lend the
corporation $40,000,000.:
.
*
•
•
With other funds; this would enable the Buffalo, Niagara & Eastern
Power Corp., a subsidiary, to retire its $1.60 preferred, stock;, a trans¬
action which would involve; payment of. about $63,000,000 in cash to
stockholders.—V. 162, p. 462.
„
J.
Earle
Trust
company
Net
.
,
'Niagara Hudson power
capital steck
(no par)
For
1945
*$325,295
151,365
* 83,527 '
-80,068
345,368
operf income
—V, 162, p. 138.
r'JfS&j -;:v
r
ex-
taxes—
income
Shares .of
for
2,486,750
railway—— v'M,008,070
Net ry.
of
the
and
Gross
1942
$341,393
$465,215 '
205.069
$459,702
204,207
' 67,746
-
.1943
1944
V
$400,446
172,620
railway
from
from
Net
Co.—Earnings—
1945
—
&
income
profits
♦After
'
income
Corp.—-Earnings—
Co.—Common Dividend Payable
Northern Pacific
FromJan. 1—
i.Gross
1,714,520
1,651,273
6 Mos. End. June 30—
The
oper.
$11,094,96S
refunding (l) .to make company bonds
T945
railway—
from
ry.
$1,848,963 $11,206,234
2,984,£54
3,483,340
p.
Earnings
-
*
•
New York Air Brake
Net
222,909
477,782
2.812,901
1,651,275
i
cess
_
$486,010
'265,010
259,216
5.029,950
oper.
Federal
1942
""
$765,244
railway.—
162.
Net
Net
railway—
from
Net
1943
,
$732,742
373,692
328,324
267,468
From Jan. 1—
Gross
1944
-
187,435
income—
oper.
-
$612,530
railway
railway...
from
*
"
railway
from
Gross
Net
Ry.—Earnings—
New Orleans Texas & Mexico
-
>
f
Aug. 2 declared a dividend on the common
on
rate
capital
June—
Susquehanna & Western RR.—Earnings—
'
'
b
3,875,000
corresponding week last year, an Increase of 13.7% .—V. 162, p. 463.
declared:
of the
,
313,539
1,550,000
both payable Aug. 17 to holders of record Aug. 6.'
Like amounts were paid on Feb. 21, last,, and on Feb. 21 and. Aug, 18*
.1944.—V. 161, p. 571.
pui poses
purposes
New York
the
at
the
Gas Corp.—Refinancing
property, and the depreciation .existing -therein.
The history of
common stock would tend to discredit its value.'!—V, 162, p. 138,
5,029,121
2;822,456
964,018
7,079,358
3,995,869
548,406
6,471,019
2,990,580
-
...
372,628
725,000
$1,838,948
-
American
directors
snare
is a
.there
50,908
200,000
taxes, deprec., deplet. & interest
The directors oh
,
solid value of more than $18,500,000 in the common
stock, an assumption contrary to the evidence in this case.-: ? - 1
"The company offered no proof whatsoever as to the actual cost of
that
"604,106
243,574
. -
152,777
.
railway—
oper.
$1,273,332
718,576
;
$185,720,241
of pre¬
of bookfigures—so small that if the stated value of common stock were
reduced by only about $1,500,000, i.e., from $20,000,000 to $18,500,000,
the margin would be wiped out" entirely, " Hence the real compliance
.with the savings bank law would be dependent on the assumption
...
78,367
.
60%, -would here be achieved (through.the substitution
ferred stock for bonds)- by only, a small margin on the basis
11942
$1,024,521
1943
-
•
'
•
railway
from
Net
91,475
income
oper.
>Froni Jan. 1—
••
$1,129,319
502,706
■> 95,888
railway—• $1,002,363
railway
436,901
Gross from
Net
-
$2,624,871 $13,128,862 $15,283,505 * >
$2,117,315
funds
res.
Northern Insurance Co. of New York—Extra Dividend
than
RE.—Earnings—
New Orleans & Northeastern
;
available for savings bank investment and (2) to reduce the
company's
interest and
preferred dividend requirements,' may be
highly desirable and in the public interest considered by themselves,
but they may not be accomplished regardless of cost.:
"The first of the two purposes, Which requires a debt ratio of less
162, p. 462.
June—
two
&
shares of North American common stock held.
The dividend will be paid Oct. 1 to stockholders of record Sept. 4
subject to approval of the SEC.
In lieu of fractional shares of Pacific
Gas & Electric stock/ cash will be paid at the rate of 41 cents per^
share of North American common, based on the current market price
'
of approximately $41 per share of Pacific Gas & Electric.
A similar
dividend was paid in each of the last nine quarters.
The directors -also declared
the regular quarterly
dividends of 75
cents and 71% cents a share on the 6% and 53/4% $50 par value pre¬
ferred stocks, respectively, payable Oct. 1
to stockholders of record!
>SepL 10.—V. 162, p. -356.
legally
$6,110,688
3,805,942
$7,006,603
829,191
income
-
"The
income
.1,056,735
176,136
176,054
payable in the form of common shares of the Pacific
the
by
refunding
Commission,
-the
$8,660,832 $46,410,786 $42,686,703
5,903,755
33,138,836 29,060,007
1,552,092
6,265,347
7,516,008
$9,452,737
Operating revenues—
Net-operating
Telegraph Co.—Earnings—
v
Operating expenses
Net
'
.
1945—Month—1944
1945—5 Mos.r^l944
—$9,464,669 $8,671,178 $46,466,357 $42,729,187
rev,
/•
11,932
10,346
55,571
.
42,484
Period End. May 31—
Uncollectible
1,533 shs.
-—-
proposal
a
for
debt
$16,340,322 H
1,056,817 !
$2,801,007 $14,185,597
$2,293,369
funded
on
86,09^
$2,234,280 $12,778,658 $12,958,499
566,727
1,406,938
3.381,823
240,029
income
North
June 30, "45-'- 175,342,466
—
income :
♦Before profit on bonds
S.' Commission
P.
York
New
$2,053,340
oper.
Net Joss after
announced July 29 that it had
corporation to issue $25,000,000 of
and to reclassify its common stock.
:
The company's outstanding bonds, amount to $53,787,000.
Of these,
$13,000,000 of 25-year bonds bear 3%%
interest. It also has out¬
standing 120,000 shares of preferred stock with a 5.10% dividehd rate.
The company asked the Commission's consent to the issuance of
$10,000,000 of 3% first mortgage bonds and $15,000,000 of cumulative
preferred stock with a maximum dividend rate of 4'/»%.
The pro¬
ceeds of the issues were to be used to redeem the $13,000,000 of 3%.%
bohds, thus reducing its mortgage debt by $3,000,000 and increasing
its preferred stock by the same amount.
Commissioner Neal Brewster; summarizing his findings, approved by
The
4Q0 shs.
4,250 shs.
25,000 shs.
—.
—
356.
p.
disapproved
stock ($100 par)__:
stock
Bucksport Water Co.:
Common
stock ($50
—V.
226,103 shs.
•
—,
income
ry.
North American Cement
Vetoed by Utility Commission—
Plan
4,159,151
107,908
12 Months Ended June 30—
81,5i2
work on contracts; at. Junp
State Electric &
York
New
108,320 shs.
; 16 shs.
"4,649,972
12,126
Balance of income
30, 1945
——
75,324,781
-Y 'Estimated contract prices subject to adjustment; contracts subject
to cancellation on. certain terms and conditions.—V. 161, p. 1885.
securities
stock 4no par)-—,
Common
value of -uncompleted
Gross
670,312
33,953
j
—V. 162, p. 138.
at June 30, 1945—-$360,962,707
actt. o'f undelivered' contracts;, to
on
30, 1945
Billings; for 6 months ended June
'•
Keyes Fibre Co.:
Prior preferred
..
Billing's'
788,574
rents
(appropriations)
Miscell.
appropriations-
Operations—to .June 30, 1945
on
(net)—Cr_
(net)—Dr
oper.
rents
fac.
Net
13.
'♦Gross value of undelivered contracts;
4,196,361
par)
par):
—
Statistics
$8,885,445
Sinking
$663,474
-
Shipbuilding Corp.—Unfilled Orders—
New York
$8,236,504
Int.
*5,841
.
$1,576,094
Gross
3,539,133
■♦745,659
railway-:
oper.
$1,300,719
The
86,489
railway
from
"ry.
Net
income
Other
1942.
*49,068
$875,597
.
25,157,042
Pacific Gas & Electric Co. Stock—
.51,945
•
34,042,487
25,959,347
Net
Western Ry.—Earnings1944
6,490,299
4,914,205
34,195,941
3,878,242
Jt.
8,644,010
163,405
oper.-income--—
from
Net
$2,802,000
»——'
accrued to April 30, 1945
annum
per
preferred stock, non-cumulative ($100
Non-cumul. partlc. pfd. stock, series B (no
Common stock (no par)_
7%
-
6,200,542
i
'1945—6 Mos.—1944
$80,035,910 $79,074,324
45,839,969 45,031,837
5,178,961
Equip,
The SEC
England Industries, Inc.:
notes, principal amount—
Co:.—Earnings—
accruals—
tax
Railway
From Jan. 1—
Interest at 6%
-
12,237,786
1,718,269
from
Net
England Public
Demand
;
2,723,508
1943
$801,104
126,625
.
> 35,707
frpm. railway—>—
railway
Gross
Service Co.—Hearing on Sale
Non-Utility Properties—
New
expenses
Railway
12,631,884
J
14,745,710
1945
$807,897,
June—
will* hiold a hearing AugTiNaii_the proposed sale of the nohutility properties, - Company invited seale(Fbids- from .a. limited number
of persons for the purchase of any or all of its holdings, direct or
indirect, in its non-utility and Industrial subsidiary companies, or the
assets of such subsidiary companies.
Several bids were received andthe -board of directors of New England Public Service Co. having on
July 13, accepted, subject to approval of the company's stockholders
and to all necessary orders from the Commission, the bid of Coffin &
Burr, Inc., and The First Boston Corp; in the amount of $15,839,000
in cash for all of New England Public Serviee-Co.'s interests -in NewEngland Industries, Inc., Keyes Fibre Co., and Bucksport Water Co.,
represented by the following securities:
;
2,115,146
1,113,428
charges
income—
Gross
of
9,763,713
New York Ontario &
162, p. 462.
New
2,252,821
Association—Output Off 1.06%—
kilowatt hours available for
its territory for the week ended July 28, 1945 as 61,984,958 compared
with 62,646,051 for the week ended July 29, 1944, a decrease of 1.06%.:
The comparable figure for the week ended July 21, 1945 was 61,311,288 a decrease of 1.76% under the corresponding week last year.
—V.
oper.
620,747
Net ry. oper. revenues
present capital structure but excluding rents under rejected
leases, net income includes accrued and unpaid real estate taxes on
Old Colony and Boston and Providence properties; also accrued and
unpaid charges against said properties for Boston Terminal Co. taxes
and bond interest.—V. 162, p. 356.
the number of
reports
association
Railway
1,171,228
542,346
$12,678,540 $13,909,968
7,499,579
7,419,669
revenues
♦On the
.
New England Power
The
f
3.628,247^1
-
-1945—Month—-1944.
oper.
$92,032,445
1,753,647
Income
100,306,000 cu.. ft.,
production; of 96,the corresponding week a. year ago.—V. 162, p. 462.
273,000 cu. ft. in
revenues—'$15,294,860 $16,170,484 $89,622,448
oper.
Net ry. oper. income—
available
for
27,
kwh.
production bf
'ago.
"' V
;.'
Gas output for the July. 27 week is reported at
an
increase of 4,033,000 cu. ft., or 4.19%
above
of
•'
Norfolk & Western Ry.
1945—6 Mos;—1944
1945—Month—1944
Period End.'June 30—
Electric Association—Output—
this Association reports electric output.
This is an increase of 574,585 kwh., or 4.60%
12,500,897 kwh. for the corresponding week a
Gas
England
New
For the
and'net
;/
•
* s
191.003
4,112,008
1,173,453
305,450
330,450
income—
162, p. 356.
Period End. June 30—;
50-year gold bonds, $50,000 due Nov. • 1, "1945;
4% 50-year first mortgage gold bonds $7,000
due Dec. 1, 1945; and New Haven & Northampton Co., 4 7c 50-year re¬
funding consolidated mortgage gold bonds, $48,000 due Dec. 1," 1945.
Other petitions of the trustees approved by the court were for the
expenditure by the New England Transportation Co., a wholly-owned
subsidiary of the New Haven of approximately $50,000 to purchase land
at Hyannis, Mass., on which
to construct garage facilities, and for
payment of an allowance of $29,120 out of the estate of the Old
Colony RR. to the protective committee of the shareholders of the
Old Colony RR.
Earnings for June and Year to Date
principally
profit, $3,067,905.—V.
404,330
138,308
4,007,599793,879
836,324..
from-railway-.
Railway
47c
RR.,
Naugatuck
retail stores in 45
and subsidiaries operate 491
Cc.
Newberry
J.
J.
$881,379
...
ry.-oper.
Hartford RR..—Tol Pay Int.
Danbury & Norwalk RR.,
,
States, selling merchandise for cash for unit prices ranging
from five cents to $2.
Net sales in 1944 totaled $95,861,688
280,989
77,298 '■■;
•
A 5%
.
188,604
4,005,757
railway.—..
Net
—V.
C. Hincks has granted permission to the
trustees to pay semi-annual installments of interest aggregating $554,915 on bonds secured by liens.
>
*
The bonds and" the amounts due on each included:
Providence Ter¬
minal Co. 4% 50-year first mortgage gold bonds, $78,000 due Sept. 1,
1945;
Housatonic RR. Co., 5%
50-year • consolidated mortgage gold
bonds, $70,475 due Nov. 1, 1945; New York, Harlem River, Port Ches¬
ter 4%
first mortgage 50-year gold bonds-, $300,000 due Nov. 1, 1945;
financing will be used
the
of
series
standing
from
Net
Carroll
Judge
Federal
• -
.
per share has been declared on the $5 nonpreferred stock,- payable Sept.... 1 to holders of record
This is the first dividend on the issue since February, 1932.
p. 138. *
*
';! Y
'
r '
15.
162,
—V.
opportunity to
an
1943
$786,702
103,1*10
income—
oper,
From Jan. 1—
A; dividend of $1.50
holders of the 50,986
expected to offer to the
are
of series A 5%-preferred stock
exchange such shares for the new preferred stock. /
Public offering .of the
unexchanged portion of
shares
from
Gross
cumulative
Aug.
Co.—Registers Preferred—
The company has filed with .the-SEC-a registration statement cover¬
ing the proposed issuance of 100,000 shares of cumulative preferred
stock (par $100).
The new preferred stock is expected to have a 3JA%
dividend
rate.
Kidder, Peabody & Co. is named as the principal
outstanding
Net
Net ry,
1942
1944
$738,834
1945
$781,082
228,690
railway
railway-^
Gross from
Co.—Resumes dividend—
New York Dock
(J. J.) Newberry
Un*rheWunderwriters
sent
has
company
'
'/'J;-• ;*>.>:.• :JV .-v'-fr
v
.
Norfolk Southern Ry.~EarningsJune-r
out invitations for bids to be submitted
-by Aug. 6 for $8,800,000 of new equipment trust certificates, carryirig'maturities ranging; ftom one to ten years.—V. 162, p.-462. -
of the outstanding
"not less- than 95%'
Issuer—
New York Central *RR.—Equipment
conditioned on the deposit
capital stock." The original
final date of deposit was June 30, but this was subsequently extended
to July 28.
The Little offer also required that "each director and
officer of the company will tender his resignation on the settlement
date and render assistance to facilitate election on that date of suc¬
cessors
chosen
by bur principal." (Boston
News Bureau.) V. 162,
When
of
Monday/August16, 194$*
FINANCIAL CHRONICLE
THE COMMERCIAL &
127,851
$0.58
$0.54
.
fj
mamm
&S&SX
573
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 162 ' Number 4409
aaiaam
Stock and'-Bond Sales :<o*-New York Stock Exchange
■
Ly :;.='V :-W kE K;lV
salss tN disregarded In the day's range,
NOTICE—Cash and deferred delivery
ty
unless they are the only transactions of the day. No account Is taken of each sales in computing the range for the year.
Hew York Stock Exchange
United States Government Securities on the
Below
we
Figures after decimal
week.
Dally Record of 17. S.
point represent one or more 32d of a point.
July'48
Bond Prices
July 31
July 30
Daily Record of U. 6. Bond Prices
Aug. 3
Aug. 2
Aug. 1
Treasury
(High
] Low
Treasury
4%s, 1947-52
2
-i:
Low
sales
in
-
(High
.
..
units.
Total sales ltt $1,000
■'
',v
(High
'
-
■v
'
units
101.11
7
7
8
■
—
■
1 Low
[Close-
Total sales In $1,000 units—
units
101.14
101.12
16
f High
.
.
•
•
...
"
Hlgn
3S, 1946-48
in $1,000
2'%s, .1951-53
[Close
101.12
101.11
( Low
(Close,•
Holiday
....,
j Low
Vis, 1949-52
—
101.11
101.12
units.,-.
1967-72
Sept.,
Total sales
Holiday
—
>
3
2Vis,
[Close
.
Total sales in $1,000
sales in $1,000
I High
.(High
—] Low
•%S, 1946-49
-
Total
units
101.14
101.12
101.6
Low
[Close
.
101.11
101.12
—
J
2Vis, June 1967-72
Close
Total sales in $1,000
Aug. 3
Aug. 2
Aug. 1
—
$1,000 units
(High
LOW
July 31
—
Close
Total
-
July 30
July 28
High
Vis, 1966-71
[Close
Total sales In 11,000 units—
the current
transactions in Treasury and Home Owners' Loan coupon bonds on the New York Stock Exchange during
furnish a daily record of the
<
\ Low
—
rA^r.:
.v
'
High
•%8, 1952-55
Close
;
'
.
Low-
[Close
'
-
Total sales in $1,000 units
Total sales in $1,00C units—
/
...
High
Low
{High - ;
Low
3s, 1951-55
-
Close %
Closs
Total
,'j Total sales In $1,000 units—~
2Vis, 1955-60
■A
(High
( Low
„
■
'
'
113.13
113.7
1956-59-
100.10
lM'V
..
.
'
Total sales in $1,000
2s,
-j Low
(High
j Low
(Hign
\ Low
[Close
2Vis, 1956-59
Total sales in
$1,000 units
mgt.
Total sales in $1,000 units:
—
cM;-7
1949-1951
2s, June,
[Close
$1,000 units
—
Low
Close
—
•
units
1948-50—;
38, Dec.
Low
Total sales in
(Close
in $1,000
Hlgn
1958-63
a Vis,
—
-■{ Low
■
>
sales
10
—
2s, March 1948-50Total
101.6
i m?n •i:-'
■
units
101.6
Ml
...
(Close
sales in $1,000 units
(Close
Total sales in $1,000
101.6
101.6
—
—\ Low
.v
Total
101.8
101.5
,
(Hlgn
-
1947
[Close
,
—
;
-
/
—
units
?
?
units-
'm
—
(High
\ Low
[Close
100.10
»"i
2Vis, 1951-54
—
$1,000 units
2%s, 1959-62. J-
[Hlgn
Total sales In $1,000
,
—
—
100.10
units
2Vis, 1948-51
units
__J Low
':.!>>■[close
Total sales in
[High
\ Low
[Closs
2%8, 1945-47
Total sales in $1,000
2%S
*3
'■!:
5
Total sales in $1,000 units
•
in $1,000
> (High
113.7
113.13
[ClOSS
sales
113.7
113.13
'
-U>.v
.—
—
•{ Low
;•
(Close
•
.
Total sales in $1,000
-—
tugl",
I
——
—
Holiday
units
■
(Hign
] Low
2Vis, 1960-65
(High
( Low
[Close
2s, Sept., 1949-1951
(Close
Total sales In $1,000 units
Total sales In $1,000
—
(High
—
rHistn
{ Low
:
1949-1951
^
j Low
1945
3Vis,
2s, Dec.,
[Close
Total sales in $1,000
units
....
f High
—
[High
( Low
1948
—
(Close
Total sales In $1,000 units
2Vis,
—
units
1950-1952
March,
2s.
I Close
:-
'
Total sales in $1,000 units..
Total sales in $1,000 units
:
( Low
j Close
—
:
,
*
_
(High
• Vis,
(High
Low
j Low
1949-53
[Close
:
Total sales In $1,000
sales in $1,000 units
Total
2s, 1951-1953
•
(High
j Low
-
ir:,
Total
Holiday
(High
Low
[Close
sales In $1,000
units
'".■■■ir-.r'v.
■
f High
(High
[Close
Total sales In $1,000 units
:
2s,
In $1,000
units
A
1953-55-
2s
(
102.3
Total salds In $1,000
Low
2YaS
1965-70
7
101.27
101.31
units
'—j Low
1948
units
M
■
iy2s, 1950—
J;
Total sales In $1,000 units
LOW
*Odd
[Close
2
at
lot
sales.
101.5
(High
•{ Low
[Close
...
—
k
**2%
In $1,000 units-
in $1,000
:v\-;
101.31
101.27
l Close
sales
Total sales in $1,000
101.31
101.27
{ Low
—
2
Low
[Close
t*2%
(High
Total sales
IVis
102.3
units
2Vis, Dec., 1964-1969
102.25
2
(High
102.3
(Closs
I
102.27
[Close
Total
—
(High
2Vis, June, 1964-1969
102.25
;:"s
In $1,000 units
[Close
Total sales
5
102.25
102.27
—
(High
{ Low
>
v,r.
H3
102.27
—
Close
Total sales
■■■•>..
>
Low
f High
:
102.26
102.26
1952-54
Dec.,
[dose
Total sales In $1,000 units—
2Vis, 1963-1968
102.26
102.24
102.24
High
\ Low
:
102.24.
.
Total sales in $1,000 units...
<
fHigh
2Vis, 1962-67
—
Low
Close
1952-54
2s, June,
j Low
.
;
102.26
102.26
3
-
1951-55—
2 s.
[Close
Total sales In $1,000 units
Tr
102.26
—a'a
,7
Total sales in $1,000 units
Total sales» in $1,000 units,
•Vis, 1956-58
-■
-j
—
[Close
>
SViS, 1952-54*.
[HighLow
[Close
\ Low
■;...
—
'
(High;
2Vis, 1950-52—
j
Close
units
101.7
101.7
6
-
of
tTransaction
101.7
101.4
101.5
registered
bond.
HOne
registered
1
bond
sold
was
Au«
on
:v-:V-
102.21.
units
Total sales in $1,000
NEW YORK STOCK RECORD
LOW AND HIGH
Saturday
Tuesday
Monday
July 28
July 30
S pet snare
SALE
1
S per
July 31
$ per share
share
M123/4
*67Vi
13
114
72
13'/a
67%
*65
67 Va
*65
*112%
*68%
72
v
13%
13%
I
13%
26%'
27Vi
14%
15
36%.
27%
35
35%'
*115
*112%
*67
13%
27
14%
42
120
*65%
114
*67'%
26%
y8
1 per share
67%
72
14%
41%
*65%
114
26%
27
Aug. 2
$ per share
.
14 Vi
♦35
14%
*67
13%
*27'%
27%
14%
36
...
*35
i43/4
36
!
13%
27'%
14'%
*35
27 Vi
*27
27%
27
27
27'%
27'%
42
425/a
42
42%
41%
417%
41%
41%
*112
120
114
114
*114
117
*112
6%
7
6%
7
6%
6%
7
7%
7'%
4
4%
4r%
4%
4%
4'%-;
4'%
4%
4'%
48%
48%
48%
49
48%
49%
48
49%
*61%
62 y2
*61%
63
*61'%
63'"'
*61%
62%
48%
*61'%
30%
30%
30 y4
*101
105
16%
*15%
161
161%
*17%
29
For
15%
162
106
15%
162
*30
*100.
163/a
162
18%
17%
17%
*17y4
29 V4
29%
29%
29%
footnotes see page 583.
*101
30%
30%
105
16%
162
18'%
30
!
•30 y*
*101
30'%
105
16 Va
16%
*160'%
161'%
*J.7'%
29%
18
29%
30%
*101
*16
160'%
*17%
30
'
'
117
7'%
4%
'
49'%
627%
30%
v
l.A',
Range Since January 1
Lowest
Highest
i
I per share
60'% Jan
111'% Apr
2,600
-
1,000
;
18
200
30
2.200
.
Alghny Lud Stl Corp
rNo
Alleg & West Ry 6% gtd
Allen Industries Inc
Allied Chemical <b Dye——No
Allied Kid Co
i
—
Allied Mills Co Inc
No
par
100
1
par
5
par-
I per share
Lowest
Highest
t per
\ per share
22
71
May
5
9
Jun
15
108% Nov
15
2
47
73% Jun 20
16'% May 19
25% Apr 23-
28% Apr
163% Jun
27
10%
38'/? Apr
18
39% Jan
2 s
34% Jan
22
49
s
Apr
lT ;
75
Jan
July
Doc
7% July
5%
Jan
36
37
Jan
62
1
7
Oct
43
"100
37% May
fc
Dec
Deu
24%
23 ya
68'% Mar
2
*
21
34% Mar
Apr
'
2
3 V*
Mar
Dec
Dec
Dec
*'
24% Apr
29% July
May 28
18% May 17
70
91
6
3
1
141
104
153% Mar 26
165 V* Mar
2
20% May
28% July 27
34% Mar
15% Jan
/
11
21
23
Jan
.
5% Jun
24
11
13% Jan
Jan
Jan
8% Jun
60% Jun
Jan
91
19%
24
July 10
28% Jan
56
Deo
33
26% Jan
30% May 19
120
Dec
10%
28
6
22
6'% Jan
2
2% Jan 24
Jun
64
8% Aug
22 Va Apr
98'% Jan
Jun
114
Jan
32% Jan 24
13'% Mar 26
share
64%
52% Feb
115
9% Jan
>
-Year 1944
5„
;
Jan
60
No par
—
600
*:
Range for Previous"
*j
; Acme Steel Co_————
—10
Adams Express:
—
1
200
Adams-Millis Corp—No Par
400'.; • Address-Mutigr 'Corp
A„;——10
2,900
Air Reduction Inc_i—
No par
•:
10
Alabama & Vicksburg Ry
—100
3,200 ; Alaska Juneau Gold Mln—
-10
16,100
Allegheny Corp'
—
—1
4,200
5'%% pf A with $30 war
100
'I
$2.50 prior conv preferred-No par
:
16%
'
ACF-Brill Motors Co————2.50
2,200
1,100
3,900
?,
106
160'%
Abraham & Straus
.
f
'
36
27%
!
—
:
70
13%
27'%
14%
—
,
;■
EXCHANGE
*
•
■>Par
Abbott Laboratories—
—No par
4* preferred
100
Shares
-
*65%
67'%
*112% 114
70
13%
;"'
,,
STOCKS
NEW YORK STOCK
Sales for
the Week
'
I per share
67'%
114
"
Friday
Aug. 3
Thursday
Wednesday
Aug. 1
*112%
27
*35 V*
v,,
PRICES
Jan
9% Jan
Apr
13% Mar
29
Aug
15%
157
18%
Dec
Oct
.Dec
Feb
35% Mar
>.Aiiln,r,..mrf,V,,n
..)■_..^
.-.
■
-
.
■-
■
- ■
'■
■'■-■ -
-'
■
Monday, August 6,^1945
FINANCIAL CHRONICLE
THE COMMERCIAL 8c
STOCKS
LOW AND HIGH
Saturday
share
28%
28%
:'..
*100%
1023/4
100%
101%
45%
45%
453/4
45%
45%
116 Va
116 Va
116 %
116 %
*116%
26%
.26%
*25
26'A
25%
26
26
26
5-%
53/a
5%
5%
*5%
48
*45%
47 Va
*45%
48 Va
111
*111%
*45'/a
111
31%
31%
■
303/4
111%
30°/4
au-i'4
SI)3/,
30%
60%
61 Va
60
60
1,700
27%
28
*27%
28%
2,100
*78
78%
61
61%
61
61%
613/s
26%
28
27%
28
28
283/a
79 Va
78
78
*78
78%
*78
78%
79
17%
17%
17
17%
*16 3/4
17
*16%
17
*41%
423/4
43
44
134
45
44
,
134
*132%
11
11%
11%
11%
11
11%
HVa
97 Va
97%
98
98
98
98
98%
190
188%
53%
53
*
53%
533/4
53
•111%
112 V
112
293/4'
29%
29%
116%
116%
116%
116%
131 Va
131 Va
131%
*18V8
19
183/4
183/4
22
*21.3/4
21%
116%
116
♦131%
132
132
*18 Va
*18Va
>*21%
*115%
19
132
*21 %
363/a
1083/4
109
*107%
109
35%
35
363/4
'35%
5%
53/a
53/a
5%
*13%
143/B
*133/4
14%
*13%
•
14%
107
27%
-
5
106%
75
IK?: 8%
91
1003/4
100%
'
10
10
;•
*9%
10
-
.
8%
.'.■■■ 1 32
113
113
♦113
•
76
'12%
12%
27
*50
67%
68
12%':
125/s
123/4
•/.:
47Va
7%
7%
14,900
75%
75%
2,000
68 Va
11700
13%
13%
13%
13%
133/4
14,600
185
*182
20%.
893/4
89
23%
22%
*21 %
22
48
167%
167 Va
167
443/4
*44
443/4
45%
163
>
20
20
24
24
.1
24
24
46
139
*29%
"30
30%
178%
•
45%
46
30%
77%
35'Z//Z
30%
20 Va
.
24
45%
.
,■
76%
24
77%
156%
490
16 %
1,700
50%
1,500
16 Va
118%
*116%
118 Va
*116 Va
118%
15%
155/a
15 Va
15%
155/8
153/4
*16
49
*116%
6%
6 3/4
32%
51
50
*40%
13%
13%
*13%
:
5%'
6
*5%
70
*68
40%
14
*13%
6
6 %
*70
93/a
*125
126
-•
43%
43
43%
43 Va
42 34
*133/a
1434
*13%
133/4
*133/8
*12
12 Va
*12 %
12 34
12%
124%
124%
125
125
49%
49%
*47 %
108
*107
93%
92%
-A
106
106
50
*47%
V
108
933/4
108
93%
94%
106
106
67 3/4
67%
34%
343/4
*34%
343/4
78
*75
*106
78
*72
31
31%
*111
69
1113/4
v
31
111%
69
i. 68
*333/4
*73
693/4
27%
-'*47%
67%
34%
*33%
75
31%
303/4
31Va
303/4
1113/4
1113/4
1113/4
1113/,
.67%
343/4'
*33%
*70
•
14
14
101
101
►100
"
20
20
7%
8
8 ~
70
118
22
69%
70
*116
22
22
14
*13%
101
101%
20
"
19%
8
7%
22%
13%
133/4
101
22%
133/4
*101
"■
101%
193^
19 Va
'
7%
7%
26%
26 3/s
263/4
19%
8
;
>
200
180
4%
3,900
Atlas
57 Va
69%,
320
preferred—
5%
conv
600
Austin
101%
*100
20
-
1,500
20
19%
18,700
8Va
8
.100
preferred
No par
No, par
—r—No par
Atlas Tack Corp—
133/4
*13%
——
No par
800
22%
223/4
$5
5
50
Corp
Atlas Powder
.w
118
*116
Refining
———25
pref series A
100
conv
6%
300
70
-100
preferred
non-cum
Atlantic
7,400
17
16%
t-
5%
100
/"
303/4
*57
.
69%
118
*116
400
1,200
1113/4
111
17
57
78
-
30%
31
163/4
70%
3
••
1113/4
57
50
3,500
,
343/4
163/4
118
94
107
673/4
68
57%
14
20
93
107
105%
100
'
J
preferred—
7% 2d preferred
—100
Assoc Investment Co..—
No par
5% preferred
100
Atch Topeka & Santa Fe
100
5% preferred
100
Atlantic Coast Line RR—.——100
Atl G & W I SS Lines
1
1st
6%
-
75
69 Va
78
Aft
...No par
—_-_5
—No par
^1
—100
Artloom .Corp
60
124%
No par
100
Associated Dry Goods
190
:
108%
*107
94
105%
i
—5
preferred
preferred
Armstrong Cork Co
Arnold Constable Corp
400
"
No par
7c/e
300
-
127
*47%.
49
108%
93
94%
106%
7
*123%
1243/4
16%
70%
14
*13%
127
60
4,300
.
12%
57%
22
43%
X43s/a
26%
*107
Jan
Jan
27% July
Nov
115% July
y
107
423/a July
993/4
108% Feb
10 %
•;
Jan
Dec
131 Va Nov
15
Aug
Mar
20 3/4
Dec
Feb
107%
Dec
Sep
14
36%
Dec
101%
21%
4% Aug
2 % Mar
/3v 8
11%
Apr
23
Jan
5% Mar
r-v.
Jun
102
tJan
68
Dec
Mar
29
■
1% Oct
15%
Jan
25%
59
Jan
943/i Dec
33
Apr
40 Va
65
Jan
7y«
Apr
Oct
76%
Jan
61
9
Nov
46
Mar
4
Apr
Dec
6% Aug
3% Jan
39 % Mar
7% Aug
79 Va
Dec
93/a July
,
9%
Aug
6'%
Jan
46 /
Jan
50
Jun
14%
Feb
28 Va
Dec
80%
Jan
111%
Dec
14 3/a
Feb
24'/a
Dec
123/4 July
8% Jan
Feb
20
Dec
26
Feb
130
Oct
32
Jan
,43
Dec
2
Jun
115%
3'/a Aug
44%
Feb
66 %
Dec
40
Feb
60%
Dec
9
Jan
12% Aug
163
Jan
180
Jan
Aug
17% July
62 Va
Jan
773/4
13%
Jan
18 Va
Sep
13 %
Feb
19%
Dec
26 %
Jan
37%
Dec
36 Va
Jan
12 Va
Dec
43% July
Jan
165%
Dec
39'/a May
45%
Dec
Nov
152%
Dec
22%
Jun
28%
Dec
15
Jan
19% July
16%
Jan
25 3/4
Dec
147
146
29
Feb
56
Dec
111
Jan
132
Dec
156
Jan
Jun
31 Va
26% May
166%
Dec
563/4
Jan
75
July
57%
Jan
75
July
139
Jan
Nichols
prior A
-
Co.
Autocar
.... —
Aviation. Corp
of Del
77
152% July
Apr
Apr
6%
Jan
84 Va
.
,
.
4
16%
Aug
Nov
100
9%
Dec
Dec
107
6% July
Jan
44
Feb
65
Dec
24% Jan
29%
Dec
25
Jan
39
Dec
20
Jun 22
Jan
283/a Julv
14%
9% Jan
2Va
57
Jan
4%
Jun
6% July
Apr
74% Jan
107%
85
Jan
119
35%
Apr
Feb
9%
8 Va
Dec
43/4 Aug
Jan
42
132 Jun 16
49% Apr 24
153/B Jun 9
15
May 21
293/a Jun 26
127 Jun 25 v
125
July 26
50 Jun 29
108% Mar 23
101
Jun 25
114% May 19
79% Jun 25
40% May 1
80 Feb 7
363/aJPeb 15
113 % Jan 3
19% Jun 27
58 Jan 23
74 May 31
119
May 18
24
Feb 2
16% Jun 26
Dec
Jan
46%
Jun
12% July
133/4
Jun
19%
Jan
Dec
12 Va
Jan
90
Jan
113
85%
Jan
113% Nov
Dec
May
45a/4
Sep
103%
Jan
108%
Nov
53 Va
Jan
83%
Dec
82
Jan
106 %
Dec
33
25%
Jan
55
25
Feb
38% Nov
59 %
Jun
76
Dec
Nov
32% May
24%
Jan
107%
Feb
11%
Jan
173/a
Jan
57 Va
Oct
62
Jun
53%
52 %
114
Apr
112
Oct
Dec
1203/4 Aug
20 - Dec
May
14 Va May
7
Jan
13% May
66
Apr
84% May
14%
Dec
3%
102 Jun 22
23% May 7
9% Jun 28
2
Jan
Dec
Jun
120% July
Jan
67%
Aug 2
10 % Jun 18
117% Jun 15
-
Jan
6Va
70
14% Jan 2
5,% Jan 24
;
5o
(The)—,—3
39%
112% Apr 30
44'A Apr 30
15% Mar 6
7% Jun 18
July 20
15%
49
Jan
116 3/a
36% Jun 26
x56% July 12
35 % Apr 23
6
6
Jan
8%
Jun 14
83
July 6
May 4
Jan 2
50
Mar 26
6% Jan 2
102% Mar 27
111
Mar 27
42 % July 27
11% Jan 2
10
Jan 2
18
Jan 20
113 . Jan 3
111
Jan > ;4
45
Mar 9
106 Jan 12
76% Jan 31
101
Jan 30
48 Va Jan 22
33% Feb 1
74% Jan 5
30% July 27
110
Apr 20
;
14% Jan 22
55% Feb 19
60
Jan 2
113
Jan 25
18% Jan 6
10% Jan 22
.20
—5
Copper
$6 conv prior
300
V
109
38%
12%
4Va
21%
& Co
Mining
A P W Paper Co Inc.—
Archer Daniels Midl'd
Armour & Co of Illinois
~
12s/a
17%
'116%
14,100
93/a
9%
*26%
57V4
70
200
12%
*56%
22
69%
126
*17
118
*21%
1,100
114
17
*116
6%
114
57%
17
*56%
Andes
26%
,
preferred
Anderson, Clayton
*26 Va
//
$4
60
? 100
*12%
50
183% Nov
Apr
29% Jun 28
128% Jun 28
8% Jun 22
2
29Va Jan
38% Jan
24% Jan
No par
Cable
Corp___...12.50
————--No par
1,200
*123
127
50
Anaconda Copper Mining—
13%
//,•
14
60 % Jan 23
preferred
40%
*68
433/4
9
Jan 2
100VaMar 26
53/B Mar 27
25
Lead 81 Smelt
109%
*13%
108
Amer Zinc
40%
93/8
—No par
100
1
—
109%
12%
1243/4
95% July
Jan
23
99
July 31
ll3/» jun 25
10
Jun 15
111
99% Jan 11
Anchor Hock Glass
14
/■ 124
Preferred
$5 prior conv
8,400
No par
Woolen
American
200
125
*125%
July
68 3/4
No par
preferred..
1st
31
114
126
$6
*123/4
70
124
•
2,800
6%
*5%
125
125
125
125
*107'
27%
27'/a
27
27
27
1243/4
Sep
14
Mar
....
52%
6
433/8
43%
Oct
133
Apr^
33 Va
.
Anaconda Wire &
14
125
126
Jun
46
May
—
690
40%
9%
Dec
193/a
Jan
8
•
79
*30%
110%
*113
113
72%
*
53%
51%
31
70
July
82
50
preferred.
Locomotive^.—
conv
33
5%
71
.
Dec
23 Va
170%
48Va Apr 22 , . 50% July 13
26
Jan 22 .
37V4Jun 25
1% preferred
100
108
Jan 30
115 ./May 2
Amer Mach & F ly Co
No par
• 21
Mar 26
27% Jun 15
Amer Mach & Metais—
-No par- > 11% Mar 27'/ 14% Jan -9
Amer Metals Co Ltd
No par
24% Jan 24
31
Mar 6
6% preferred
-—100
130%-Jan 26
142% May 24
American News Co__.
No par
; 41% Jan
2
483/4 May 21
Amer Power Sc Light.*.*.—.No.par
•
2%. Jan 2 .. 7V8 July 2
$6 preferred
...
-No par V# 60% Jan 22
82 V4 July 3
:
$5 preferred.;
—y-No par
543/4 Jan 22
74 Va July , 3 .
Am Rad & Stand San'y.
No par
11% Jan 2
15% May 7
Preferred
—100
176
Jan 2
184
Mar 16
American Rolling Mill.
25
153/, Jan 2 >/ 223/4 July 10
4 % % conv preferred
;—.—100 /
75
Jan 2
91 % Feb 23
American Safety Razor^
18.50
18% Jan 4
253^ Apr 17
American Seating Co
No par
17% Jan 15
24% May 29
Amer Ship Building Co——No par
32V»May22
40
Feb 15
Amer Smelting St Refg
No par
40% Jan 2
50% Jun 22
Preferred
100
164% Jan
3
172
Apr 25
American Snuff
25
41% Apr 9
45% Mar 6
6% non-cum preferred
100
153
Feb 9
162
Jun 25
Amer Steel Foundries
—No par jf 27% Jan
2 / 35% Jun 26
American Stores
No par
17% Jan 16
25
Mar 7
American Stove Co
No par
22% Jan 3
28% Apr 24
American Sugar Refining
100
45% July 19
56% Jan 3
Preferred
100
128% Jan 12
142
Mar 7
Am Sumatra Tobacco
—No par
293/8 Jan 2
35
Jun 8
Amer Telep & Teleg Co
100
157
Jan 31
184
July 10
American
Tobacco
25
65
Jan 2
79
Jun 15
Common class B
25
65 % Jan 2
80 V2 Jun 15
6% preferred
100
145% Jan 3 X161
Jun 7
Amer Type Foundries Inc
—10
13% Mar 27
19% Jun 26
American Viscose Corp
14
433/4 Mar 27
543/8 Jun 27
5% preferred
>.100
117% Jan 22
121 % Mar 15
Am Water Wks & Elec
No par
8% Jan 23
17% July 10
5%
•
.
32%
33
*13%
6%
10% Jun
:■ 6% Jan 5
70
Jan 15
9
Jan 3.
7% Jan 3
*—No par
J00
No par
Americari Invest Co of III
1
i
preferred
6%non-cum
Amer Internat Corp_^__n
900
121
6%
40 Va
5,600
22%
*75%
79 //
*109%
40 %
14
9%
113
*123
125
-
9
1123/4
51%
.31
110 Va
*109
9Va
113
125
513/4.
31%
112 3/4
93/8
8%
*112
513/4
69
69
-•
32%
.
*118%'
6%
33
31%
40%
119
.
Products.—
Ice^
American
400
109
213/4
22
*75
52
109
9,900
15%
15%
153/4
118 Va
6%
118%
*116%
118'/a
21%
79
32%
1103/4
*109
40 Va
*40%
6%
♦75
493/4
109 %
*109
118%
-•
32%-.
*31%
110 3/4
*109
118
33%
51%
32%
*31%
22 Va
63/4
32%
15%-
109%
22 %
79
*75
79
32%
«
*119
120
*108%
•116%
American Home
Jan
Mar
' 68% Jan
5.
47
50
—1
Jan
31%
45 %
-
16%
49
6% /'
3,200
76%
16 Va
*75
1,500
*155%
48%
118
77
76%
77%
48%
120
9,000
1563/4
♦16%
;
379%
77
16%®
233/a
30%
156
48%*
1093/4-
100
77%
16%
22%
1,200
139
179
77
48%
109%
400
24
7; *30 V
179%
900
465/a
*137%
.
5,400
20%
453/4
30%
178 3/4
■:A/ 20 Va
■:./
32%
«V.
.
138
*30
163
32%
%:■
16%
233/4
200
*162
48%
109%,
45%
*44%
16%
22%
260
45%
33
4,600
;Z 168%
168
163
220
48
48
168%
48 Va
*109%
36
*35%
47%
1553/4
763/4
155
156
■;
138
76
76
200
K- 45%
179%
1783/4
77%
77
155%
V
21%
*23Va
139
*30
22
21%
20%
;
24
*137%
179%
76%
A
77%
156
*23%
46%
:
/ 178%
763/4
76%
763/4
154
/
139
*138
*
1773/8
-=
/:.
*46
46
•:
*137%
-
400
323/a
20 ?*■:. 20
20
23%
*44
32%
323/8
325/a
23%
*162
33%
31%
23%
-v
167 Va
163
.
32%
20
,v
*162
*
1,140
X47%
443A
443/4
10,100
89%
35
48%,
167 Va
*167
167 Va
20%
89
*213/s
35
48%/
48 3/B
*162
163
♦162
'
'
20%
89%
*23
22
*21%
'35
'
35%
35
473/4
185
*182
21
88%
23%
37
■
20 %
21 Va
89%
24
7
185
*182
21 A'./
r
-47
>320
46%''
46 3/4
68%
89
47%
/
? 50
73/a
89%
*21
'
683/4
88%
*35%
000
26 3/4
138%
*136
75%
20%
*223/4
2,800
68%
21
24
12%
7Va
20%
*23
6 ,.uj
69
133/4
185
%
75%
73/8
*68%
13%-
13%
46 Va
20Qr
.
& Leather
preferred..
conv
American
rj
76
7 Va
76
69
*182
185
47%
*46%
.
76%
■
/.//A | 40
v
*0
26%
27
.100
•
Va
115
12 3/4
138
138
139
139
:
27;
277/a
27"%
27%
140
300
,
9%
00
25 V*
123/4
68 Va
0/
13%
13%
12%-
-
25%
76
75%
*182
25 %
/
7%
,
25%
9%
50%
,
a/.,
*113%
243/4
;46%
/':■; 7
.46
6%
•>1
115
*113%
24%
27%
-
75%
31%
■
1,400
97 V4
7
9%
50:/,.;
*"?%
'
Hide
1,900
8%
8%
20% Jan
91
Mar
383/fe Jan
,
preferred
6%
'900
9%
*93/4
50
-114
114
115—:■/
8
9%
10
American
44%
*94%
50%
32%
31%
32%
*139
140
46
/
American
200
77
8%
12%
:>
27
.
*139
*50
400
4,000
$6
Dec
126%
Dec
42 3/4 Nov
110y/4 July
.
Jan
96
No par
$7 2d preferred A
100
10
No par
Amer & Foreign Power..-
//; $7 preferred..
No par
No par
Hawaiian SS Co..
10
51 Va
98
24
23%
23
'
so
32
31%
'
■
50%
:
400
-
.
Dec
4%
May
37 %
' ' 24% Jun 26
„ ,1093/4 Jun.29
24 ; .43% Jun 29
2
6 Va Jun 16
3//$ 15% Feb 20
3. .43V»Jun 28
2.. . 53/4 July 3
2
111 .. May 22
2. . 313/4 July 10
1
104% May 25
24
46% Jun 14
3
9 % July 10
1
51% July 11
2
81% May 5
30% Jan
3% Jan
10% Jan
/: 27- Jan
2VaJan
.--l
24 %
Mar
40
18% Jan 22
105% Apr 26
No par
Secs._i._i
Export Lines Inc
American
3,300
51%
.
■■
*50
18,500
t/V
Thing
Encaustic
Amer European
77
52%
8 3/s
American
101
7%
s
Amer
1,200
4% 7
*43%
44
6%
:
36%
•
97
'i.
14%
-
27%
•93/4
97
10
*93/4
-
50
z*9%
10
97
A
*35%
106%
76
83/4
8%
9Va
99
*13%
43/4
8
76
5%
26%
*51'/a
75%
5%
*100
20
3,700
•
10
10
100
^20
w-1
Crystal Sugar
1st preferred__^_rf_—
Distilling Co stamped
1,800
353/4
106%
44
8Va
52 Va ;
75
;
35%
100%
8
52%
American
27
•
*49%
.a
8
44%
•44
44 "
/ 95
,
10
*9%
*99%
8 S/8
8%
10
-V;
100 3/4
75
91
f
.
26%
*49%
75
;,
,273/4
8
52%
*49%
273/4
•44
7%
22%
800
5
*106
28%
!* 27 %
1003/4
/.
43%
7%
'
V;
106 3/4
Colortype Co—
107
43/4
5
4%
107
101
*43
:
;
28
*98%
-
43/4
*106%
4%
43/4
36%
36
37
*36
*105
36
36
36
No par
Chicle
American
14%
*135/8
*
'
100
preferred
conv
American
36
5%
5%
5%
No par
& Cable Inc
Chain
5%
70
.
100
preferred
100
35%
-
Am
No par
Fdy_:
&
Car
non-cum
'•:/•!/■ / '50
.
5%
35
1,600
'
109
*107%
109
*107%
1%
*.-1
^25
100
—
19%
% 22%
22%
24%
22%
109
American
900
116
132
.
*18Va
19%
100
Can_
Preferred
3,900
.-
29%
29 Va
132
*115
131%
36%
V
116%
*29%
*108
•
29%
American
290
533/4
1123/4
53%
v- 29'/a
2,300
82
26
x41
No par
7,800
2
15% July 27
21% Mar 7
Mar 21
.47% Feb 17
130- Feb 20
135
Jan 8
107/a July 27 . ,133/a Jan 12
89Va Feb 10.. 104
May 28
1833/4 Jan 5 :. 195
Apr 25
39- Jan 20 V -553/8 Jun 25
• 96
Jan 8 / 115% Jun 27
27/ Jan
2
.31% July 13
110
Jan 3.Z119 % Apr 27
112% Mar 9 ,.jl33
Jun 13
13% Jan 3
21% Jun .27
i„__l
Corp
Co
Shoe
99%
1
1123/4
293/4
•
*29%
Bosch
preferred _—
Amer Cable & Radio Corp
190
189%
112
preferred
Brake
11%
983/4
533/4
53%
112
;
189
.189
v.
112%
53%
112
111%
190
*189
189
189
•
343/4 May 25
80
Jun 18
5%%
134
11 Va
11%
97 V2
20% Jan 2
69% Jan 30
6%
Am
1,000
433/4
43%
10
50
107'/a Jan
49
July
118
16
Apr
60
Jan
73/1 Jan
28
Jan 24
42% Jan 24
American
40% July
28% Jan
Feb 21
126
Feb 20
32 % Apr 25
693/4 Jun 28
/.American Banic Note...
400
6% Jun 28
3% Jan
Dec
July
103
Jan
2
6
43% May 14
American
200
,
17% Apr
Agricultural ChemicalJVo par
Airlines (new)
.—.„5
Amer
600
16%
16%
44
44
*132%
134
♦132%
134
*132%
200
112
*110
111%
31%
113
61%
*132%
48%
*45%
33Va Apr
105
Apr
29%M4y 8
2
113% Jan 2
23
Jan 19
100
par
Amalgam Leather Co Znc
1
6%conv preferred
50
Amerada Petroleum Corp___No par
1,000
5%
5% ./
■
48
31 %
*111%
113
303/4
■
493/4 May 8
125V2 May 8
31
share
223/4
14J/a Jan
96% Jan
Jun 15
102% Mar 26
38VaJan
No par
4% conv preferred
Alpha Portland
1,100
26 Va
Mfg
Allis-Chalmers
200
'
118
Highest
$ per
S per share
20V8Jan 24
99% Jan 7
100
preferred
5%
200
3,200
46Va
46
5%
*45%
5%
5%
/■///
1944
Year
Lowest
.
.
$ per share
$ per share
No par
Allied Stores Corp
2,700
28%
100%
28%
45%
H7Va
26
28%
102
*100"%
*28%
101%
45%
45%
29
*1163/4 117%
101 Va
♦101%
*116%
28%
29
Range Since January 1
Lowest
Highest
Far
Shares
Previous
Bange for
■.
■
,
EXCHANGE
the Week
t per share
S per share
share
$ per
Aug. 3
Aug. 2
Aug. 1
$ per share
share
28%
f per
f per
■-/
.
STOCK
NEW YORK
Sales for
Friday
Thursday
Wednesday
July 31
July 80
July 28
SALE PRICES
Tuesday
Monday
***3* /'/•;;VJK> Oti®?.'!:" •''//£• ■'
*r
:y. .»>/.,y^-//.V-....-,-
J::,'
-
Jan
15% Nov
:
8
Dec
B
21 Va
26%
26%
27%
21 Va
22%
22
34
33%
18
18
18%
75
*73%
34 Va
*
*73%
34%
35
263/4
52%
*253/4
26%
52%
22 %
33
34
18
21 Va
22%
33%
26%
333/4
*18%
74
75
20
74
20%
213/4
33
33%
*18 3/4
*73%
20
74
26% \ 263/4
22
74
24,300
34
21%
■
34
34
33%
32%
27
*26
26%
*25%
26%
52%
*52%
53
*52%
so
53
33 Va
3,400
33
:
100
*
19 Va
19%
19%
52%
19%
'
52%
52%
19
19%
19%
19%
19 Va
18%
19%
18%
19%
7,300
19%
19%
19%
193/s
19%
1,200
37%
37%
37%
37%
42%
*413/4
42%
*41%
423/4
*41%
*106'/a
108%
*106%
108%
107%
107%
*106%
12%
12%
*12%
12%
12%
12%
37%
*37
*41
40%
*39
115%
For footnotes
see
115%
page
*37
*39
*115%
13
40%
119
100
19
19%
■
*39
*112
40%
120
*39
"112
37%
42%
110
12%
40%
120
373/4
423/8
*106%
12%
373/4
42 Va
V
,
108
12%
*39
119Va
300
1,100
10
/
600
40%
*112
4%
100
Conv
Barber
Asphalt Corp—.
Barker Brothers-^——
preferred
—
Oil Co—
Works Corp.
Bayuk Cigars Inc—
Creamery——
preferred—_—
Beech Aircraft Corp—
Beech Creek RR
Beech-Nut Packing Co..
$4.25
12% Jan
31
23
Mar 27
66
*79
30% Jan4
par
50% Jan
163/a
...5
'
par
-25,
—No
Jan;
2
22%. Mar
95/a Apr
.50
114
20
Jan
14%
Dec
68% -Dec
Jan
-
23 3/8
18
Dec
July
14%"s7p
18% Mar
143/4 Aug
19 %
Dec
11
Feb
34 Va Nov
31
Jan
38
Jun
111
105%
73/4
153/4 Jun 28
40% Jun
6
1
Jun
Jan
31
111% Jun
May 29
124
Dec
25%
14
Jan
Apr
•
Dec
23%
""
7
44% Jun
110
25
Mar 17
36
.20
3
4
21%
>
Jan
12
;
May 31
40
Jan
60
54
Apr 30
25/ Feb 28
22
32% Jan. 19
36
Jan 23
106% July.
par
...1
May
Jan
9%
21
Dec
13%
Jan
9 3/a
July 13
31
„
9
18VsJan
;__i
—No
3
•
Jun
'
26%
/Apr
5%
443/4 May 16
2
•-17% Jan
—50
18
6
26
*44% Jun 22
28% Jun
19% Jan >31
-.10
5 Va %
Beatrice
22
100
~—No
30% Jun
22
11% Jan
.100
Barnsdall
Bath Iron
25 Va Jan
—50
& Aroostook—
5% preferred-
Bangor
•
74
*26
34%
27
400
13
.100
c
Baltimore &
6,400
19%
Works ▼ t
Ohio
preferred!
...
Baldwin Loco
•
33%
*183/4
8,300
v
Dec
Oct
14%
Dec
38
Dec
121
Nov
583.
1
'
*
a;.'1
•
(
t
*
'
1
s
1
i
"
\
'V*'
/
'
yolume 162
THE COMMERCIAL &
Number 4409
>Iiv««toTAL
RECORD-"
NEW YORK STOCK
LOW
July
21$,%
' July 30
/
14 %
*14
20%
19
141/4
21%
14ya
-
21%
<-18.1/4
19
*55
56
*22%
23%
23%
24
19
19Va
191,2
78%
19%
79%
79%
80%
48%
237/a
: *54 %
23%
19%
791/2
140 '/a
140%
*1401/2
141%
*140y2
54 %
54 '/a
55%
*54'%
27
27 %
27
55%
27%
14'/a
15%
15%
15%
15%
49
48%
49%
24%
48%
23%
24
24
.
*54 %
*23
24%
*23
*20%
20%
*20%
55 V2
*111'/a
24%
23%
57
105%
*105 %
106
58%
105%
*57
4 581%
*25%
25%
27
*122
136
*120
7,000
*105%
106
49 7/8
5,800
23%
24
24'%
24%
1,200
*55
55%
*541%
55%
*22%
23%
*22%
23%
19%
19%
19%
79% 7 80%
271/4
151/4
24%
*27
27%
20%
*20%
105%
58% Y'Y
*57
25%
25%
112
24 y4
57
105%
58V2
112
23 %
24
*lllVa
58%
*58 %
25 %
25%
*120
52'/a
58% ;
*58'/a
25%
26
136
*120
136
39%
41
*38%
40
41%
41' ' /'Y
V *7%
7% •;
7%
45%
*44
46
22%
22
22
22
*51%
52'%
12
12
41'%
>
41%
*40%Y 41%
50%
50%
106%
106%
41%
107%
107%
27%
27%
*55
Y
25
15%
*124%
125
-14%
*25%
24%
15%
85
85 %
15%
15%
*25'%
25%
22%
22%
15%
26
22'/4
22%
221/4
22'/4
59%
59%
*59%
22%
22%
23
23 V4
15%
15%
15%
15%
10
*9%
9"%
65
63 %
Xl8
17%
23'%
XI5
15%
9%
9%
83%
*82
64
18
106%
3%
60
22%
64
Xl06%
107%
3%
*59'%
60
83%
*82
83%
64
13%
•18
3%
109
•107
3%
3%
17%
16%
17
94%
94%
95
*24%
25'/a
94%
*24%
*17
.17%
95
25%
'
27% %
56
*24%
-15%
15%
41%
50%
51
27%
27%
31%
411/4
*41
107%
107
*24%
*
12%-
12
50%
51
*63%
/
52%
*51'/a
'
42
*82
-
39
40%
7%
12%
93%
24%
105%
105'/a
106
*44%
12%
*17
112
24
57
*105%
>
7%
*51%
3%
15%
24%
20%
*56
22%
17%
27%
15
*20%
*111%
44
22%
*105
27
20%
40%
9%
55%
*23
38%
44
■
55%
15i%
40'/a'
24%
79
142
24
38%
27
20
x77%
*141
15
40
*41%
•
24
26
136
*120
30
106
49%
56%
23%
*105%
49%
*54%
*111%
100
18%
49%
Y
38% :
7%
»
141%
*56
136
1,100
21%
*18
*201/4
24'/a
*55%
112
23'A
49%
23%
55 Va
23%
191%
801/4
141%
55%
14'%
21%
18%
13%
*23
20%
112
*54
:
14 Y
21%
*13%
20%
*140%
27'/4
241%
55'/a
*111%
4
19
25'%
31 Va
5%
1%
1%
6%
*113%
114%
*22 %
23
33 y».
*33%
34
*113y2
49
15%
15%
*52%.
53%
16
•
16%
16
16%
*52 %
53
54
24%
24'A
24'A
24 %
6i
eiy4
*60%
38
164%
38%
38%
*162
61%
*162
62%
62%
*
7
38%
164
e
y2
38%
*162
63'A
63
54%
35%
;
24%
24%
24%
61
6%
61
61
6%
38%
*38
38'/a
164%
*162
164%
*162
62%
46%
46%
106'/a
*105%
147%
46
147%
15%
20'A
107'A
105%
105%
148'/a
147%
147%
16 ye
21
16%
16%
16%
*16
16%
20%
*20'A
20%
20%
20%
*20 y4
22
22'A
21%
22
22'A
22%
22%
20%
22%
6%
*6%.
16
15%
20'A
.
-22 '/a
>.,5%
/' 6%
*111%
112%
*111%
16%
*16%
16%
15%
30'/a
30%
*29 '/a
*15%
16'/2
15%
16%
34
11%
163
6%
*111%
313
33%
34 y8
11%
;
11'A
164
163
16
(J I)
107%
31
Central Vloleta
15%
32'/2
22%
*22%
32%
32%
33%
11%
Certain-teed
162%
6%
Products
*22%
23'A
32%
Champion Pap
Chesapeake Corp of Va
Chesapeake & Ohio Ry
Chic & East 111 RR Co
9
28'A
28 'A
41
41%
40 Va
66
66%
65%
66'A
21%
21%
21%
24%
*51
57%
*17%
17
7
*39
Chicago
*16%
37
37
*102
107 y4
105
/■:
37%
Y
22'/a
*102
11%
City
53
*175
200
99
*95
99
51%
*47 >/8
*110%
112
47%
107%
*107
*991/8
*56%
573/4
36'A
3 6 3A
40%
47%
*107
*99'A
100
40%
*56%
51%
112
473/4
107'/a
100
57%
*110%
47'/a
*107
*99'/a
*56%
*36'/a
49
112
*110%
47%
107%
*107
100
573/4
135
*56%
36%
41
150%
149%
149%
135%
136%
.136%
64%
*63%
351/a
40%
*111%
351/a
401/4
35»A
*40y4
*111%
113
28%
'28 Vg
44
28%
*41
41%.
__
*1000
35'/a
353A
41%
41%
113
*111%
y8
*1000
—
35
42
113
34%
35%
32'/a
34i/a
*32%
331/2
Y
32%
8% Feb
19
36'A Jan
18
117% May 29
.53'/a Jun
..
s.
34'/a
96 '/a
10%
Jan
1
51
Dec
19
185
Apr
May 15
90
Oct
Jun
Jun
27
115%
Jan
45 y4
jun
100
Jun
30
109
Jan
96
Aug
53%
Oct
57% July
2
40% Mar
6
28% Mar
27
May 31
39% July
44% Apr
100
151
—No par
142
65
par
31 i/a Feb
2
2
6
23% Jan
23
Jan
23
2nd preferred—_1Q0
Mar
110% Apr 1?
34% Jan
non-cum
Dec
19
54% £*ay 14
110 y8 Jun
4%
July
Jun
114% Feb
No par
,
25 V8
31%
105
No par
No par
preferred
50'/a July
15
186
No par
conv
Jun
60
——100
Colo Fuel & Iron Corp
No vnr
Colorado & Southern—
100
4% non-cum 1st preferred—100
5%
Oct
July
13% May 18
1
100
50
50
No
98 y8
18
105
No par
:
6%
30
43 '/2 Jan
NO- 2nr
100
gtd
21
Nov
19% July
Jun
23'A Jan
CoHIns & Aikman
,
19
57
Colgate-Palmolive-Peet
35
*40%
*111%
(The)
A
Dec
54% Apr
Coca-Cola International Corp No par
;
41%
33%
Class
641%
28%
*32%
*63%
41%
28%
Molybdenum
Co
July
21% July
49'% Nov
17'/a
stock
4%
65 J/a
21%
7
23
(The)
7%
Coca-Cola
35
35%
par
par
26
16
8
$4.50 pfd
Cluett Peabody & Co—
Preferred
28%
*34
583,
35'/a
41%,
113
gtd
25% Mar
30% Nov
24% May 29
100
149%
42 V2
42
35
page
;
138
28
*34%
see
__
*148%
28%
42
*33%
For footnotes
65
Louis Ry. Co
142
41
♦148%
*1000
*1000
Climax
7% Mar
18
76% Jun
—No par
Bronze Co
preferred
Special
57%
36%
37
49
Ilium
18
26
27% Mar
No par
Clev & Pitts RR Co
100
•Y-135 y*
150'/a
135
5%
107%
*99 %
12% Jun
18% Feb
preferred
El
18% Mar
34'A Jun
5
Equipment
Dec
9'/a Mar
18
49% Jun
25
Clev Graph
48
64%
*148'A
Clev
112
*47
50%
18
Jun
19 Va Jun
Co
& St.
46% July
14'/a Deo
12% Jun
investing Co
5%
2
2
58% Apr
Corp
O. C. C.
7
26
100
5
Clark
*50
200
*95
1
54% Mar
No par
5%%. preferred.—
*—100
City Stores
.*/—«»»—
5
*175
7
Aug
17 V4 Jun
No par
Co
Ice & Fuel—
City
37%
105
11'/a
11% Jun
50
50
11%
,
14
23
10
C I T Financial Corp
47 '/a
*21%
July 13
par
Oil
Cotton
Copper
Ohrvslr-
108%
47
2 2'A
Chile
33
Jun
18
38% Feb
No par
Cab
Yellow
t Chi Ids
6%
*39
47%
5%
Chicago
17
6%
7%
109%
*11
u
18
33
18
22
57%
17
18
23
20'A Jun
No par
40
>A
Chickasha
10
7% Jun
Jun
*57%
46%
24'/a Jan
68
57%
18
14
5
5
25
52'/2
18
5
Jun
115'A Feb
Chicago & Northwest'n w i—No par
24%
24%
Jun
16
*51
24%
•
18'A May
7
21% Jun 13
Jun
52'/a
21%
153
39
preferred w i
Mail Order Co
Chicago Pneumat Tool
No
$3 conv preferred
No
Pr pf ($2.50) cum div—-No
108'%
110
Mar
i!_-
preferred
5%
28'A
41
«
27
25
25
Chicago Great West RR Co__
9%
28'/a
*110%
OIess
7"
69% Jun
164
Checker Cab Mfg
15%
51%
9%
8
No par
& Fib Co
58
21%
7
27
100
Chain Belt Co
*32
9
1
No par
23
32%
21%
May
2
28
52% Apr
1
,
prior preferred
50%
*20%
171
1
38
11
33%
11%
X15%
Y
7% Jun
Sugar Co
*161
33%
*55
22%
74
Century Ribbon Mills——:No par
Cerro de Pasco Copper
No par
15%
May
May
44% May
,
*30%
15%
164
30
preferred
5%
31
v
39% Jun
Central Aguirre Assoc
16%
6%'
130% May
No par
20
.No par
Central Foundry Co
1
Central 111 Lt 4%% preferred—!00
tCent RR of New Jersey
.
100
Corp
Celotex
5
20
55 % Mar
100
,
28
Jun
15% Feb
No par
No par
No par
preferred—';
2d preferred
24
19% Jun
—50
„
Apr
57
100
$4.75 1st
1%
16%
28
53
—5
Preferred
148
119-
22
38% Apr
100
Ry
Co
*15%
*16
25'A Jun
18
118% Mar 17
1
——25
preferred
4%%
Case
*111%
*111%
23
Carriers & General Corp
/
18%/
113
Feb
10
6%
113
;
6%
9
A—1
10
Co
46%
46%
148%
22
Ohio
&
Celanese Corp of Amer_
*105%
<105%
147%
class
Caterpillar Tractor
106%
150
150
Clinch
62'/a
45 Vz
45
*105 %
46%
62%
23
;
164%
61%
—:
Carpenter Steel
Carrier Corp
•
38 Va
,
Pacific Rp
Mills
Carolina
6%
38
63%
Southern.Ry
Administration
preferred A
$3
122%
*34ye
54%
124
6%
7
*53%
122'/a
34%
*53%
123
17
Feb
No par
5
No par
Co—
100
25
No par
Capital
24%
54 V4
125
Copper
Cons
preferred
Cannon
13
34%
*6%
Canadian
*12%
35%
6%
16%
*53
*34 y2
*
Canada
13
35 V4
6%
49
53'/a
*12%
35'A
*53%
116
*47'A
53%
13
125
♦115'A
$4.25
16%
Hecla
&
Apr
2
Campbell W & C Fdy
Canada Dry Ginger Ale
/
16%
*125'A
*53
'
15%
53%
*12Vg
*52%
.
49
*45%'
48
6%
115
114%
114V2
13 ;
54'A
126%
>12%
Calumet
22%
*45
48%
6%
6%
32%
22%
32%
32
1%
1%
1%
1%
6%
22%
6%
21%
%
Apr
56
1
5
par
Zinc-Lead
Callahan
34
50
No
Packing
preferred™
California
55
*53%
STOCK
EXCHANGE
Shares
share
181/8
14V4
22%
> *105 Y 106
<-105 V 106
108
106
21«/2
n8»/4
t per
$ per share
YORK
NEW
for
the Week
Aug. 3
Aug. 2
Aug. 1
Sales
'Friday
Thursday
$ per share
share
xl4Va
—"
21
*18%
STOCKS
PRICES
Wednesday
July 31
$ per
$ per share
$ per share
AND HIGH SALE
» Tuesday
Monday
Saturday
CHRONICLE
28
28 'A Jan
2
253A Jan
2
Aug
3
Jan 22
152
July
146% July
67%
Jim
ggg«anM
COMlwrT?1r><7rriJL'
THE
RECORD
NEW YORK STOCK
I per
July 30
•
Tuesday
'
-
*37
37%
7%
7%
37
37%
*36%
37%
*36
36%
7%
7%
103%
103%
100%
103%
104 i/a
104%
104%
100
100
100
22%
*21%
5iy8
*50%
99%
111
42
41%
104%
104%
16%
16%
16%
161/8
1%
106 >/4
301/2
30%
1%
105%
30%
34%
*28%
29
29
35%
35%
*103%
1041/4
*103%
104%
4%
4%
4%
30%
30%
31%
107%
*107%
107%
12
12 %
35%
29
20%
23%
112
:.28%
10
3,500
16,300
107%
107%
800
5
5
800
1,000
"
12'A
900
35
351/4
4,200
Consolidated
22%
22%
6,100
Consolidated Vultee Aircraft
28%
700
20%
20%
1,000
22%
22%
800
Consolidation Coal Co
1111/4
300
Consumers
111
29
29
1,100
Container Corp
10%
10
10
4,900
Continental Baking Co
97
43
423/4
*107
123/a
42
■'$
*12%
12%
50%
50%
50'A
51
50%
11
11%
11
11%
11
29%
18%
33%
18 3/8
51
30%
51
:
34
*33%
*18%
19%
*50%
18
51
*50%
*15%
153/4
15%
*52%
53%
*52%
15%
153/4
53%
.
100
50 %
2,300
11%
24,100
Continental
30%
V,
31
7,100
Continental
31
33%
33%
33%
19
18%
19
51
*50%
18%
*18
51
*50 Va
Continental Steel Corp
No par
No par
No par
5
50
20
51
153/4
15%
153/4
15%
153/4
1,400
150
52
53
52
173/4
173/4
17%
18
173/8
173/8
17
17%
17
17%
55%
56
551/4
55%
55
55'A
553/a
56%
55%
55%
190
313/s
313A
31
31%
*303/4
31
303/8
303/4
30%
303A
2,200
*101%
1023A
♦102%
102%
1023A
102 3A
1023A
102%
62%
62%
623/4
7%
7%
4
4 >:
*189
7%
4
103%
44%
44
29%
35J/4
30
*33%
,
14%-
14%
14%
•>
*105%
34%
*33
130
69%
*129ya
70
130
.*69%
6%'
; 6%
,21%
6%
21%
*120
128
,
37
38%
38%
1,100
39%
39%
39
39%
800
16%
21%
109%
37
22%
22%
*22%
103'A
103%
103%
44 y8
42%
42%
42 y4
96%
97%
96%
*27%
28%
*27%
28%
19%
18%
19%
19%
19%
150
*1451/2
*30
30
150
-
107
*33%
35
14%
30
35'/4
*34%
107
,105%
35
14%
131
*145»/2
30%
*34%
35%
107
*33%
14%
14
*129%
70%
131
131
70%
71
70
-
,
6%
•
6%
22
21%
"i
*120
'
.7:
6%
6%
21%
21%
128
*26%
*120
27%
*15
17
26%
150
*145%
30 y»
30
35 y4
105%
*34%
7
*105%
*33%
35 ,;:/
14
14%
133
70%
6%
22
128
26%
"s
v'j
70%'
6%
7
;
.
21%
7,400
14 Vb
100
1,500
71%
'
14,200
5,000
21%
128
*120
%
600
26%
17
*15
17
16%
16%
16%
*16%
16%
110%
*109%
110%
*109%
110%
10
*38%
40%
38%
38%
600
40%.
41
*15
38%
38%
41%
40%
41%
40%
41
37%
*36%
36%
36%
36%
*36%
*22%
1,800
37%
/
*22%
23%
47%
47%
11%
12
11%
121/s
22%
23
22%
*70
52%
*34%
Crosley Corp (The)
Crown Cork & Seal
4,500
600
v,;:
53
$5 conv preferred—
Crucible Steel of Amer^
preferred
preferred
Cuban-American
preferred
Sugar—
—
Packing Co—
Cudahy
Press
Inc_
preferred-—:
4%%
Cunningham Drug Stores Inc—2.50
Curtis Pub Co (The)—.
-No par
(The).
No
& Co
Deere
11%
12
8,500
Delaware Lack & Western
23
22%
22%
3,300
Detroit
&
&
53
750
Devoe
35
35
200
Diamond
6%
partic
45
*44
45%
*44%
45%
200
23%
*22%
23%
*22%
22%
*22'A
231/4
1,000
501%
51
51
*51%
52
52%
52
52%
1,800
Distil
*1051%
107 %
26
*26
26%
*48%
49
26
*48%
49
26%
*25%
26i/2
200
48%
50
49
49
*48%
Dixie
Cup
Class
Co
21%
21%
22
22
22
21%
22
22
221/4
1,700
23%
24
23%
23%
23%
24
23%
23%
4,000
84
84%
83%
83%
82
83
83%
83%
800
112
.112
*112
29
16%
16%
21
*19%
157%
158%
<
126y4
126
126
126%
126%
*126%
127
400
114%
113%
114
114%
114%
*113
114
110
161%
16%
58
581/4
*21
22%
16%
16%
16%
16%
58
58 %
*57%
58%
22
*20%
22
*21%
16%
16%
16%
16%
3,100
57
57%
,*571/4
58%
1,800
*21
22%
*21
170
172
170
171
*170%
172 %
*i?oy4
172%
*171%
172%
*193
197
*193
197
*193
197
*193
197
*193
195
54
54.
54%
54%
55
55
27
27
27
27
27
27
24
25%
*108
108%
24
;
<■
ic8
24%
24
24
*107
108
108
8%
8%
8%
49%
50%
50%
50%
50%
16
16
16%
15%
241/8
*107
50%
15%
16
9
*5%
5%
5%
5%
10%
11%
11%
12%
120%
120
121%
115
120%
*112
115%
44%
44%
37
37
23%
23%
21
21
see
583.
8%
8%
8%
2,400
511/4
51%
51%
2,800
16
5%
5%
5%
12%
11%
12%
16%
*16
5%
1,300
5%
1,000
12%
32
50,300
1,600
126
127
127 J/2
*115
116
116
116
45
45
45
*36%
37%
*37%
37%
37%'
37%
23%
*21
24%
1G2
*107%
109
page
30
115
24
21%
72
108
2.000
24%
108
1241/4
105
24%
24%
*107
45
*70%
103%
16
*26%
400
115
*104%
110
8%
51
500
124%
72
24%
5%
12
9
54%
27
45%
105
103%
8%
24%
108
*53%
115%
*69%
*106
.
55
27
45
*104%
footnotes
55
*26%
1,200"
,108%
24%
23%
*21
71%
105
23%
23%
21%
71%
1241/8
23%
*21
44%
38
23%
23%
1,400
*21%
21%
100
72
*71
1C5
105
24
700
.
23%
*71
24%
38
1.100
21%
105
105
.
400
44%
24%
24%
72
100
105%
460
9,400
24%
102
102
102%
102
102
104
105
110
107%
107%
1071/4
107%
107%
107%
108%
*108%
110
.
*108%
110
*108%
110
.
*
490
50
30
3% Jan
2
25% Jan
5
34% Jun
2
i 24
Jan
28% Mar 26
5
May 28
61%
Apr
Oct
173%
Apr
184% July
5
Jan
7% July
/
5
1% Jan
Aug
27%
Jun
1
18 3A
Feb
28% Mar
5
20
Jan
25% July
Jun
14
16 3A
Jan
32
; Dec
.
Aug
■
41
f.V "37 ,V\ Jan
6
463A Mar
7
273/4
Feb
39
Jan
18
513/4 Mar
7
45
Jan
49% Aug
20% Jan
22
25% May 29
15%
Feb
22 y2
47
Jan
Jan
89%
>
Feb
Jun
,1
343A Jun
18
Mar 26
x223A Jun
14
Jun
7
16
145% Jan 23
25% Jan
2
29% Apr
-
10
105
July
28
2
Jan 31
9
Mar 26
i:
.
18% Jan
2
Mar
7
25% Apr
6
■120
A
,12% Jan 12
/16 'A Jan
8
147
34% Jun
5
35% July 17
108% Jan
38
19
20%
113A
112
22.3/4
22%
101
Jan
Dec i!
29%
Dec
,
19 ye
Feb
Jan
Dec
:
144
Dec
29% Mar
Jan
30%
Jan
Dec
Jan
109% Nov f.
140
May 18
~5%
16% JUH
26
Jun
26
97
Aug
Apr
71 Va Jun
22
41,
11% Aug
Apr
140
30% May
July
114% May
21%
6%
Jan
8
13%
Jun
16%
Oct
15
109'/a
Dec
113%
Apr
5
'21%
Jan
41%
Oct
Apr
45%
Jun
48
May
5
5
36%
38 % Mar 26
32%
Apr
36%
22% July 20
26% Feb
19
17%
Jan
22 3/4 July
19
57% Jun
18
17%
Jan
37%
7% Mar 29
163/8 Jun
25
23% Jun
27
35% Jan
:
34,%
/
Jan
24
47% May
July 11
July 27
26 3A May
Jan
Jan
21%
Feb
65
29%
Jan
41%
Oct
28%
Jun
35 %
Dec
42
Sep
'
38 % Mar
Oct
5
13%
Jan
17% July
26
x273A
Feb
38%
Apr
par
17% Mar 26
15%
Jan
20%
Sep
par
47
49
Feb
1
433/4
Jan
49
Nov
27%
July
A—-No par
50c
1
Mar 20
18
Jan
2
22%
Jan
2
65
Mar 26
Jun
24% May
26% Feb 23
953A Jun 18
May
122% Jan
4
143
110% Jan
2
114'A Jan
27
Apr
12
Mar 21
6
21% May
47
May
Apr
131
Jan
17
106 3/4
Jan
113
Aug
8%
20 %
Dec
137
Feb
162 V2
Jun
Feb
1
123%
Jun
128 %
Dec
Mar
6
113
Dec
1203/4
Jan
172% May
1253/8 Jan
9
129
113% Aug
1
117
11%
Jan
22
19 Ve Jun
21
10% vFeb
22
63% Jun
27
33
26
25% Jun 21
170
July 30
185
Jan
183% Apr 30
200
Jun
2
.
Ind Am shares—
Electric Power & Light
No par
No par
No par
Battery-—No par
El Paso Natural Gas
3
Emerson Electric Mfg Co
—4
Emerson Radio & Phonograph.
5
Endicott Johnson Corp—
—50
4%
preferred—,
100
$7 preferred—
preferred.——.
—
Storage
—
Public Service
I
-t—.—.—No par
No par
$6 preferred————
No par
Engineers
preferred—
Jan
22
61
213A Jan
15
31
49
24
July 24
108
July 18
3
42"% Jan 20
8% May
Jan
20
5% Aug
2
3% Jan
2
14
May
May
7
9
6"%
41
Dec
25%
Dec
157
Feb
178
175
Jan
195
Sep
41
Jan
52
Dec
24%
Dec
16 3A May
July 18
12 % Mar
1
8%
Dec
15'A
54% Jun
8
37%
Jan
453/4 Aug
10
Apr
153A
18% July 10
7% May 11
12% July 19
3%
Jan
3%
Nov
81%
Apr
Apr
Jan
3
103
Jan
3
1233/4 July 5
50% Feb 16
39%
Apr
May
7
273/4
Feb
29% Jan
18
22% Jan
9
20% Mar 27
62
104
Mar 26
July 25
40
103%
Dec
47% July
343/4 Nov
15
Sep
223/4
1
57%
Jan
68%
Feb
26
101 %
Jan
108 V2
Jun
273/4 Jun
14
8%
Jan
17%
Dec
107
100% Jan
5
106
108
1
Dec
6
101% Apr 21
Feb:
78
Oct
5% July
114
Mar
4
104
5
6%
Sep
Dec
71% Aug
25
Jan
16
Dec
27% July 16
108
109
34 % Mar 21
14% July
Apr
Jan
132% July
43% July 17
14% Nov
Apr
Feb
4
19% July 16
Jan
5
2
6
72% Nov
I143/4
25
2
Jan
13
Dec
9
18% Jan
30
Co—
Dec
33% Jun 25
20% Aug
155
105
4
39% Jan
$5
Dec
95
International-———
$5% preferred
9% Mar
5"%
18%
1
$6
Oct
Dec
52
Steel Ccrp—>—5
Eastman Kodak Co™—-—No par
,6% cum preferred—
—100
Eaton Manufacturing Co.
—4
Edlsor Bros Stores Inc—
0
Ekco Products Co—,
;
——5
4 % % preferred —>
100
Elastic Stop Nut Co—
—— 1
Electric Auto-Lite
(The)
3
Electric Boat
3
Electric
13% Nov
6
———
Mus
Dec
9
Eastern Airlines Inc
&
Nov
Jun
No par
$4 preferred series
Industries
Elec
28%
Mar
Douglas Aircraft—.
—No par
Dow Chemical Co—.—No par
Eagle-Plcher
127
Apr
Dec
Jun
9
39% Mar 29
:
7
61%
19% Feb
193/4 Jun
109% July 27
Jan
Jun
123% Feb 21
113
; 33
L'
371/4 Nov
69
103
25% Mar 27
.
Dec
Jan
28
28
105
2
87% Jan
105
97%
49% JUn 26
% May 10
2
35% Jan
.,} 102
Dec 1
29
Eastern Stainless
22
52%
25
109
Duplan Corp——.—
No par
Du P de Nemours (E I) & Co——20
$4.50 preferred
No par
Duquesne Light 5% 1st pfd
>100
126%
9% Jun
25
Dunhlll
114%
2
Jan
200
114%
Jan
6
105
600
2,000
3
■
60
17%
159%
195% Apr
.
2
20%
1591/a
5
68% May 10
2
4
22
17%
159%
1053/4 Jun
July 26
Jan
Jan
*19%
158%
58%
Jan
Dresser
160
102
XI82% Jan
16%
600
159%
26
38
2,800
20%
Jun
35% May 21
30
28
28%
17%
12
60
Jun
46% Jun
112%
20%
22% Jan
Mar 27
4
28%
*171/8
July 26
30
■
40% Jan
112%
17
17
52%
■y
3
112
21
25
28
38% Jan
112
17
Jun
16% May 29
533A Jun
6
113
*20
16%
21
53
2
36
129
127
127
*114
16%
*19%
•
157%
157
5
16
33% Apr
129
28%
47% Feb
12% Jan
49% Jan
v
par
129%
28%
26
54
129%
29
7
Jun
23
130
28%
Mar
22
Jan
112
29%
37
74
*129
112%
29
28%
2
2
16
2
2
Dome Mines Ltd-.
84
800
1
Jan !
Jan
V 29%
31
——-5
Doehler-Jarvis Corp
24
128
8
25
Jan
—No
84
128
Mar
Mar
5
Jan
.—No
—
1
A
23%
127%
36
Dec
10
—No par
preferred
21%
127%
May
12% Jun
29%
Oct
——100
Corp-Seagr's Ltd-
5%
*25%
26
58
Feb
5
22
67
Diamond T Motor Car Co
49
3
2
;
Jun
23
44%
23%
49
Jan
8% Jan
14
21
preferred
44%
23%
26
109% Jun
No par
Match
44%
107%
47% May
2
6
7%
112
1
No
Reynolds A
50%
For
100
50
20
Hudson
Edison
52%
*105%
94% Aug
29% July 27
par
Detroit Hillsdale & 8 W RR Co—100
107%
46
1
20
10
Preferred
Deisel-Wemmer-Gilbert
*105%
13
37% Jan
:
20
4
11% Jun
10% Apr
1
12
107%
30% Jun
5
106% July 18
■
100
pfd
Dayton Pow & Li 4%%
Decca Records Inc
46%
*105%
6
8% Jan
93% July 30
—6
Davega Stores Corp—
Chemical Corp
Davison
22%
107%
26% Apr
.
24
1
19% Nov
*43%
*105%
Jan
Jun
22%
52
Aug
Jun
102 ya
14 3A
11%
45
14%
Feb 23
115
24
28
22%
35
12
26% Jun 21
18% Mar 26
24
12%
*34%
15
Dec
Dec
Dec
Dec
Nov
7% Nov
22%
35%
26% Jun
20 Va
25%
24
Jun
Delaware
53
Jan
4'A
2,500
52
Oct
Jan
18%
28
46 y2
51%-
32%
11%
28
Jun 21
,17 % Jun
23%
*34%
Jan
28
,
5% Jan 22
45%
75
24
Jun
293A Jun
40
26
6
*22%
*70
6%
30%
13 %
16
23%
75
Jan
•59% J&n
46
*70
7%
122% Apr
——
No par
preferred
No par
Curtlss-Wrlght —————————I?
*>: Class A
>
—>—1
Cushman's Sons Inc 7% pfd
.300
Cutler-Hammer Inc
—No par
46%
75
6
14% Mar
$7 preferred
23%
*70
Jan
Dec
Nov
Dec
Dec
Dec
Dec
July
Oct
Oct
Jun
Nov
July
Prior
*22%
51%
35%
No par
3
No par
No par
100
100
—10
,100
30
!
3
—>100
Zelierbach Corp
11%
.
16%
2
No par
-No par
$2.25 preferred
5%
14
108 % Jan
23
2
(The)
Cream of Wheat Corp
Crown
Jan
33% Jun
1
1
45%
r
23
75
"20
35
6%
100
Co
Cuneo
35 y8
*109%
109%
47
531%
400
30 y4
1
20
Corp
Co
Inc.—
Internat Corp
7%
150
107
Trust
Cuba RR 6%
2,800
133
133
26
1,200
97
16%
:>
17
24
35
860
5,000
43
28%
46%
75
1,700
103%
98%
*22%
53
22%
103%
39
*37
35
?'
23
41%
41%
*70
500
47
47
47%
39
391/4
37
,
19%
17
110%
*47
98%
27
16%
38i/2
>.4
47%
*27%
*15
41%
103%
V 128
17
*109%
22
98%
27
17
y*15
*47
103%
*120
r
27%
271/s
400
19 y8
19
*34%
107
*105%
28 Ve
28%
98%
29%
28
37
44%
*145%
■>. *34 %
28%
39%
22%
*28
150
Crane
4,600
2%
Glass
Preferred
Coty
2
Jun
July
108%
6V4 Feb
■N 18% Jan 20
Works
5
3%%
preferred ——————100
Corn Products Refining
25
Corning
Coty
321/B
Bank
Exch
Corn
700
32%
Electric
Cornell-Du'cilier
9,600
36%
.
47
47
*22
22'/8
•';
•145%
4
32%
31%
$3 prior preferred
Copperweld Steel Co
Conv pref 5%
series
4%
8
*7%
39%
40
•
?
;
36%
36y2
39%
19
' »V ;
:v 4
100
*28
36%
28
8
4
1,900
28%
40y4
*28
98%
'.
340
62%
189 V2
28%
36i/2
18%
4
8
'"4 8
1023A
1883A
28%
36%
*27
189%
*
189
189
1,400
61%
62%
613/4
62
r
32%
28%
V *98
102 3A
4
*51%
31%
28%
32%
104
>'
/.P
32%
32%
47
52%
8
*r'.-
31%
V
-
7%
3%
•
62
190
*189
190
52
<
Jan
24
1
Cooper-Bessemer Corp
Jun
3
3
500
Feb
Jan
Jan
24
10
600
/
Feb
Feb
95 '/a
25%Jan
5
Motors
3%
21%
102%
8%
20%
171/4 Jan
20
Oil of Del
19
25
Jan
243A Jan
21%
Jun
311/4 Jan
No par
Continental Insurance
5y» Jun
323/8 Jun
109% May 23
79
27% July 27
11% July 19
.
Oct
-
18%
1 V«$
95"%
29%
26
29%
31
103
4%
25%
5
2
41/3 Apr
—No par
Continental Diamond Fibre
12%
11
11%
Feb
105
28
3% Mar 23
20
No par
Inc
Can
preferred
$3.75
12 %
30%
34
600.
$5.50 preferred
Continental
59%
50%
:
4,400
33%
30%
30%
303/4
34
30%
33%
*
300
:
42%
107%
*106%
107%
123/4
*12%
*106%
100
42
42%
107%
>
100
100
*96
94%
94%
'.
43%
107%
Apr
%
38
2
Xl06% Mar 28
100
25
pfd
of America-
29%
9%
43%
14%
33% May
2
Jan
24% Jan
par
pfd—No par
X28%
11%
44
$4.50
Pow
93/4
12%
21%
6%
293/8
50%
103%
Cuba
of
9%
10%
-
RR
Consol
*283/4,
*107
108
16
26
104% Mar 10
26'/4 Mar 31
No par
*27%
111%
Feb
Feb
1% Jun
18 3A
12
Jan
29% Jan
—1
pfd
conv
28%
123/a
47
$1.25
Corp—
Natural Gas
23%
12%
*39
Laundries
Consol
20'/a
111
Jan
101
No par
3
13
preferred
30
20
50 Va
•
$2 partic
*29%
10
43
*188 3A
Industries
Consol Film
28
111
37%
28% Jan
No par
1
$5 preferred-
22'/a
*22%
Jan
47% Jun 27
108% Apr 21
2
Jan
22
No
of N Y
29
*94%
933A
107%
61
Coppermines Corp
Consol Edison
351/b
34%
X22
39 V8
89
No par
5
preferred
$4.75
Consol
>12%
12%
13
•104
No par
*12
30%
29%
Jun
39
No par
-
*28%
10
42%
4%
Co
Edison
93A
28
933A
23
111
40
103%
311%
4%
4%
29%
12%
351/4
23
28%
20%
23
20%
23%
107%
Congoleum-Nalrn Inc
Consolidated Cigar
400
107%
51
23
Dec
49% Dec
43% Jun
Apr
24
31% Jun 26
39% Jun 16
200
107%
16 %
109% July 11
36
4%
14
2
Conde Nast Pub Inc
Commonwealth
Feb v:
25% Jun
24
300
Feb
15
No par
11,600
351%
Jan
:
Jan
No par
23
preferred 6evies
1,300
30%
31
84
Jan
$6
104%
103%
70
2
conv
30%
4%
76
July 17
Jun 13
,
,
U Jan
4%%
*34%
31 y8
9
47% Jan
par
-No par
———
>10
preferred*
100
104"%
1041/4
May 31
104
125
27
21
—
35%
4%
No
Pictures——
$2.75 preferred.
Commercial Credit
3% Nov
July 30
15% Mar 26
*2829
5
Columbia
Jan
,107
2
Jan
35 aA Deo
35% Deo
5% Mar
97% Dec
93
Feb
98% Dec
Jan
25%
8% July 12
95% Jan
f
26%
40'/a Jun 26
,
2
90y* Jan
84
Columbian
30%
31
Mar 27
4'/8 Jan
par
preferred series A-*,
-.>100
preferred
.
100
Carbon Co——No par
6%
5 %
40% Jun 26
Mar 26
31
No
Commonwealth & Southern—No par
*35
22%
28%
112
104%
104 y4
31
2.50
Elec
Commercial Solvents™-——No par
500
1%
35%
23%
*28%
1%
30%
2.50
cl A
Columbia Br'd 8ys Inc
Coxumoia Gas 6c
$ per share
$ per Share
9.809
J%
104
$ per share
27,600
16
29
20%
,
3,300
105 %
35%
*29%
12%
35%
29%
12 y8
231/2
'
29
*4%
22%
35 y2
23
16
1%
30%
31%
107% 107%
108
35%
12 y8
351/3
:
29%
29%
29%
'
43
*105
161/4
*34%
5
5
5
5
42%
105i/8
16
421%
*35%
4%
30%
51
51
43%
35%
103% 103%
4%
4%
35%
,•
23
*50%
34
29%
29
*34%
100
*22%
*105
30%
30%
34 y2
100
23%
*50%
1%
106
30%
34
29%
1%
106%
106
34
16%
410
110
*109%
1,000
100'/a
100%
37.200
104%
*102
110
*22%
105
16%
105
7%
Hlgltsst
Lowest
Highest
$ per share
par
Class B
37%
7%
100%
110
51
42%
41%
42
1%
1%
1061/4
34
Range Since January 1
Lowest
^
700
36%
*36
103
100%
23 %
*50%
5iy8
*50%
103
111
*108
*22%
104
41%
104
v
.
23%
23%
7%
7%
Range for Frevloas
Year 1944
'
,
EXCHANGE
Shares
share
36%
36%
*36
7%
*108
$ per
share
37%
7%
111
per
37%
*36
100
*108
r.
STOCK
NEW YORK
the Week
Aug. 3
Aug. 2
t
t per share
share
37%
371%
*36
'
Sales for
Friday
Thursday^
,
-
$ per
f, per share
share
STOCKS'
high sale prices
Wednesday
July 31
Aug. 1
and
LOW
Monday
Saturday
July 28
Monday, August 6, 1945
& FINANCIAL CHRONICLE
109
Dec
Dec
July 16
July 24
87
104
Dec
89
Jan
105
Nov
July 12
92%
Jan
107
Dec.
Jan
Volume -162
RECORD
NEW YORK STOCK
Monday
,
July 31
;
EXCHANGE
1
'
>
$ per share
$ per snare
I per share
$ per share.
t
Share •
I per share
share
per
j"r'V
*"■
,/
I per share
'
1%
...
1%
2
16%
16%
r,
:'\'2':V
'
2
16%
'/•
2 Va
16%
16%
16%
1%
16%
2%
2
16%
16"%
Bldg——No par.
Office
tEquitable
14.900
2
16%
79%
80%
•89%
*89%
95
79%
79%
*89%
95
78 %
79%
•89%
95
12
20 Va Jun
19
84July 11
42% Jan
24
Exchange Buffet Corp
3
2.50
13%
Jan
2
Fairbanks Morse A Co
1.300
*17%.
600
48%
tO "'4
tO 74
*48
18%
'48%
1,200
*6%
;
6%
y •■;'■■ ;,,,v loo
13%
13%
17%
17% "
48%
18%
48%
48 %
49
No par
42% Jan
25Va Jan
2
Eureka
13%
18%
13%
*17%
v
*
6%
6%
6%
6%
*6%
6%
*6%
6%
53%
53%
53%
53%
53%
53%
53
53
53
53
28%
28%
28 %
28%
28%
28%
28
28%
29
29%
Ex-Cell-0
.1.200
.
Cleaner
Vacuum
Products
Evans
.
Co
Corp
14%
15
14%
14%
14%
14%
14%
14%
14%
14%
2,400
20%
20%
20%
20%
*20%
20%
20%
20%
20%
21
1,100
Federal
*107%
108%
108 %
108 %
*108%
109%
108%
108%
*108%
*33 %
34%
33%
33%
*33%
34%
*25 %
26%
*25%
*25%
11%
11%
11%
34
25%
Federal Mln & Smelt Co
34%
34%
34
105
v
*104%
23%
23
%
22%
r%
%
55
55
55
54
Federal-Mogul
*106%
*46%
*47 %
48"
28%
27%
28 %
♦43
43%
43%
300
11%
11%
11%
2,800
Federal
33%
33%
*33%
104%
34'%
1,200
Federated
105
100
23%
24
3,300
34%
104%
105
23%
23%
23
23%
*37
38
66
*65%
19%
19%
*19%
61%
61%
23%
55%
55%
56
56
56
56 %:
57
57
49
28%
*28
27%
28%
44%
*37%
8%
65%
*19%
43'%
38
8%
20
2,400
5%
90
%
'
;
34
f
34%
;
*26
*26
26%
15%
*19%
20
*62
62%
*135%
34%
*26%
15%
'
138
*26 Va
16
*136%
138
*136%
38%
38'/a
16%
F'k'n Simon
20
138
'
38 %
38%
37%
38
38%
7%
.••..-•*•-7%'
6%
6%
6%
17%;
*17%
17%
*17%
17%
17%
*15
xl4%
14%
*14%
8%
6%
6%
17%
*17%
16
:v
'
*17%
68
'
68
•16
*17%
•;
68
■r1 *66
*
8%
8%
x8%
8%
8%
24%
24%
*24%
24%
*24V4
''M
9%
24%
7%
7%
-
7%
1,300
Gair Co
*17%
a
24%
*24
Gar
12,700
25 A:-
'
*57
60%
:»58%
'14%
14%
14%
*58%
60%
5
60%
*58%
14% --14%
14%
1
14%
14%
*58'/4
60%
14%
60%'
15
107%
♦107
51%
9%
51%
9%
*107
52
9%
107
107%
*107
52%
9%
52%
107%
52%
107%
*107
51%
52
107
52%
-
V "100
52%
%%
Gen
9%
9%
>
185
♦183
185
*183
♦183
183%
20%
20%
20%
21%'
21%
9%
9%
9%
*9%
9%
2,400
28%
28%
*28
29
•
O 21
29%
29%
*29
167
42%
General
131%
131
29
29
4%
:
44%
4%
•
4%
4%
4%
♦144
150
145
134
132
•129% 130%
65%
66%
66%
•127%
127%
•127%
*60%
61%
*5°
132
129
129
130
130
129%
129%
61
V *60%
18
-.17%
17%
17%
17%
*26
26%
26%
26%
1,100
13%
13 %
13%
2,400
•i *17%
:
18
18
26%
26%
26%
13 %
13%
13%
13%
•133%
■'•
136
*133%
3
i':
22%
*21%
22%
107%
107%
106
32%
15%
*107%
16%
16%
*98%
*97%
28%
-
*53%
4%
53%
*101%
4%
27%
56%
55%
4%
*101%
27%
*109%
56%
51%
r;
110%
109%
109%
11%
10%
10%
5%
23%
23%
16%
16%
47
46
46
22
22
16%
16%
16%
16%
16%.
16%
40
49
50%
40
40
K,
48 %
49
30%
30%
30%
30%
30%
30%
'
1/,
172
171
>79
*72
172
*171
172
*171
*72
79
*72
79
*72
57
57
57
58
57%
57%
57%
57%
24%
24%
24%
24%
24%
24%
24%
24%
*105
108
35%
36%
7%
7%
♦7
108
•
36%
7%
*105
108%
35
36%
7%
7%
212
*210
213 %
214
24
23%
24
23%
24
75
74
74
73
73
52
52%
52%
53
212
212
23%
*73
51%
:
809
16%
f
*105
35%
7%
212
23%
*72
2.800
24%
24%
4,100
7%
23%
7%
7%
212
212
2,400
200
212
23%
"
24
*72
74
6,500
36
35%
36
7,200
200
74
'
51%
52%
52%
52%
52%
3,500
Dec-:-
10%
Feb
16%
Dec;
41%
Apr
54%
12% Jan
22
16% Jun
26
18
108'/a Jun
18
Jan
31
56 '/a Jun
26
8% Jan
2
10% Mar
1
49
160% Jan
17% Jan
7
7%
2
Feb
6%
22
4%
Jan
22
<37
Jun
22
11%
Jan
114% Jan
22
139
Jun
25
81%
Jan
32% Jun
26
25 %
161
Jan
12% Jun
Jan
Apr
6
22
Mar 21
19
27% Mar 20
156% Jan
37% Jan
172
4
24
par
par
'■
par
May 29
48% Jun
3% Jan
-
140
May 31
44 %
Feb
40
1
4% Jun
40
22
\
-
19%
Nov
Dec
7% July
22%
124
Dec
Dec
29% July
Feb
35
..
5
Oct
9% July
Jan
143
183% July 30
26% Jun 15
155
Dec
Feb
2%
{115
40%
Nov
:
43% July
Feb
3% Aug
140
Sep
Dec
148
134% Jan
par
Sep
62
'
70% May
22
Jan
May
9% Mar 27
106% Feb:
Mar
130
3
Mar
110
7
3% July
1% Jan
3
28% Jan
24
Mar
10
134% Aug
3% Jan
3
5% Feb
14
26% Jun
26
21
24
Jan
.
2
31%
Apr
124
Apr
3%' Nov
19%
Nov
2% July
Apr
19%
Jun
11% Aug
107%
Oct
112
July
23%
Jan
1%
3
37
Dec
Nov
66
Feb-
Apr:
6%
6
Feb
123
1
18%
106
3
120
134%
4%
Dec
Nov
Oct
25% July
Apr
te
M
Dec
Dec
106% Apr
27
26*% "Dec
No
No
No
—No
No
Safety Razor
preferred
conv
preferred
Co (The)
conv preferred—
JGoebel Brewing Co_
Gold & Stock Telegraph Co
$4.50
$5
,
50
1
100
10
Greyhound Corp (The)
4%% preferred
Grumman Aircraft Corp
Guantanamo
RR
preferred
Oil
No par
No par
28
Corp
19%
Feb"
*7%
Jan
13
69
Jan
90%
Dec
29
11 Va
Jan
227/a
Dec
Dec
8
16%
Dec
2
32
May 10
18 V*
Jaii
25%
4
57
May 16
45
Apr
52
3% Jan
2
4% July
63% Jun
25
20
105 % Mar
6
July 27
102
x57% Feb
15
8
14
Apr
48
Jan
Aug
4Ve May
175
Dec
25
July 27
Jan
85%
12
31% Jun
25% Feb
53
2%
5
165% Jan
1
147% July 27
107% May 19
12% Mar 26
112% Mar
21% Jun
6
No var
100
1
Dec
16
2
2
100
1
Nov
12
52% Jan
4% Jan
par
19%
110%
25% Jan
1
par
Apr
100% May
3
100
preferred
Gulf Mobile & Ohio
9
12
No par
Sugar
July
2
pfd—No par
Co Inc
L)
(H
X97
5% Jan
Sugar—.—No par
100
West RR
Bay &
Green
Gulf
100% Jun
20
Preferred
8%
9
23
Prop—-No par
Ore
Iron
Nor
$5
Mar
29
-
July 30
Jan
10
preferred
5 %
»
21
par
Great
32% Feb
110
90
par
Co
Mar
111
par
par
par
par
Hosiery
(W T)
15
17% Jun
convertible
Gotham
2
Jun
13% Mar 27
!—No par
Rubb
Jan
par
—No par
—No par
(B F)
Co
26
107
100
pfd
cum
Glmbel Brothers
Green
195%
*104
108.
58%
104% Apr
64% May
<
31%
Western
59
Jan
2
Jan
Northern Rv 6%
79
Dec
51
Jan
19
Great.
58
Dec
23%
35% May 22
Great
♦72
7%
Feb
23
7,700
79
Jan
58
Apr
28% Jan
5,200
70
Oct
4%
13'/4
2
27
50%
170
62%
11
27
Jan
Jan
30%
170
Nov
31
23
22%
30%
171
66
9% Jun
16
49%
171
.
16%
16%
May 16
i 76
Dec
34% Jun
700
30%
19
Jun
25% Mar 29
1,100
30
Dec
18 y«
Sep
22'%
45%
*22
18%
Sep
Jan
46%
22
Dec
15%
14%
Grant
46%
16%
74%
1,200
22
12
18
1,000
46%
18% Jan
20% Apr
-.
27
15%
1,400
Jan
24% Feb
24
433,900
5'/a
12%
116% Jun
24
11%
5
20
22
15%
11
July
5% July
18% Feb
17%
Mar 26
15%
46%
*21%
16
Jan
Jan
24
19%
2%
19
15%
300
7
2% Jan
19
99
—
$5 preferred
200
27
7% Jun
1
Goodyear Tire &
110'%
9Va Feb
Sep
preferred—No par
General Telephone Corp
20
Gen Time Instrument Corp—No par
4% % preferred
100
General Tire & Rubber Co
5
4,900
; ;;
52%;
2
2
i:..
24
22
46%
22
6% Jan
4% Jan
Dec
r.. 30% Mar
6
16
Jun 20
preferred—No
No
Graham-Paige Motors
Granby Consol M S & P—
Grand Union Co
No
Granite City Steel
No
48
36%
600
44%
116
Apr
2
16%
*15%
*105%
900
103
22% Jan
24
23%
15%
16%
vf.r,
2
4
Oct
3,400
*13%
23
Jan
53% Jun
123% Jun
Nov
$5
56
18%
5
29%
1
Sep
Dec
36% July
13% July
Goodrich
103
18%
15%
Jan
Jan
Goodall-Sanford Inc
56
*18%
23
30%
9
34
Jan
5
42% Mar 26
113
Jan 17
4%
110
*102
*109%
5
7
Mar
118
135
19% July 11
2,600
56
110 %
5%
Jan
16
28 %
103
*109%
.
70
May
41% May
Jan
149 %
27%
27%
19%
5%
9
146
10
3,600
99
4%
*149
149%
109%
10%
17%
56%
Gillette
99
109%
5
Jan
130%
4%%
51%
12
5
13%
15
Jan
10
99
51%
11%
•
Jun
Jan
1,100
24%
51%
5
Dec
19
25
14
51%
27%
16%
51%
11%
25%
36%
8,100
10
Jan
125%
4%
18%
20
7
109'%
24%
99
55%
*101%
July
2
8
50
i
100
4'/a %
56'%
Dec
Jan
4
Apr 10
27
6
GUdden
103
Deo
29
25
100
51
69
Jan
61% Jun
1,100
56
Jan
16
11
28%
*101%
103
51%
53%
15
Jan
54%
18%
46
*96
4%
Nov
5
41% Jun
53
*53%
19%
*21%
25
27%
16
80'/a Jun
125
*28%
*19
•
25
149
11% May
21% Apr
Jan 24
No par
Common
No par
Gen Precision Equip Corp—No par
General Printing Ink
——1
$4.50 series A preferred
No par
Gen Public Service
10c
Gen Railway Signal
No par
6% preferred
ln0
Gen Realty & Utilities—w".
10c
General Refractories—--—No par
28%
4%
25
13
60 % July 27
Outdoor Adv A
54%
4%
27%
15% Jan
25
No par
preferred
$5
28%
149%
58% Mar
2
General Motors Corp—.—
*53%
:
43% Aug
Jan
53%
4%
26
Mar
28%
27%
Jun
102
■98%
*147
75
128
28%
149 %
*147
27%
103
#
47% Jan 24
6
29
16
Dec
8% July
22
*28%
*98%
33'/a
28
700
16%
Dec
5% May
Jun
33%
99
Dec
24%
41
Jun
53%
28%
51%
50
25
;
•98 %
4
Mar
*32%
"
4%
149%
27%
7
Jun
42 Vt
139
97%
54%
*147
99
26 %
Jan
134
General Shoe Corp
~20
18% May
34%
110
13
Gen Steel Cast $6
110
Dec
Jan
320
*27%
Aug
Apr
200 v
*107
44
113
22%
*107
Jan
129
107'%
27%
35%
100
10
*21%
109%
15%
16%
16%
*98%
25
27%
*107
Jun
11
57 %
par
107%
•
109
33% May
8
Jun 27
.
16
Corp
22
107
107
27% '
109%
preferred
107
•f>.
22
107
107
27%
99
54%
1,700
28%
♦107%
25
28%
99
10,900
*28
V
16%
99
28%
•97%
4-/4
*24n;24%
*104%
109%
♦53%
4*/a
24%
4
29
27%;;
♦24
%
*24%
*28%
107
*27%
24
24
30
*32%
*104%
99
*98
134%,134%
33%
29
27%
110
110
137%
33%
*28%
107
27%
*134
33%
29
♦104%
1,100
2,000
22%
106%
33
33
33
*28%
2%
31%
137%
*22
107%
22'/4
106
108
2%
4%
4%
24%
900
31%
24%
4%
24%
60 %
•107
108
•107
2%
*60
Apr
48% May 16
16
7% Jan
No
No
Gen Gas & Electric A
No
;$6 conv preferred series A. No
General Mills
1
No
5% preferred
Gen
2%
4%
4%
24%
-;
13%
67%
31%
,
24%
4%
61
•
31
3
*134
136
,
31%
*2%
31%
32%
23 %
;
108
*107
108
2%
100
*59%
26%
31%
17,100
67%
128 %
13%
*107
67%
'127% 127%
66%
*127%
67%
18%
2%
.-.
70
128
■67%
26%
31%
100
-
*127%
67%;
128
13%
108
7,100
:i.Vy.40
148
*131
•
Feb
26
;
100
—No par
100
preferred
Foods
Jan
38%
103%
4
51% Jun
66% Feb
General Electric Co
General
45
3
Jun
No par
No par
A—
cum
7%
50
3,500
4%
*145
18%
2%
4%-.-
4%
148
133
61%
31%
4%
♦145
*130
;
General Cigar Inc
17,400
45
148
26%
*107
■
44%
134
•
130
%
■y
Xtli
43%
148
132
*128%
-4%
400
42%
44%
44 y8
7%
20O
29'A
*130
145
*130
43%
Class
1,200
/
169
*166
167%
44%
44 %
44%
44
Baking—.
preferred
Nov
May
May 14
10% Jun
-8
8
-No par
5
Amer
$8
53%
60
9
—
General Cable Corp
y: 1,400
1307/a
29%
42%
43%
28%
*130
.
167%
169
43
-
•
43%
28%
131
28%
28%
9%
27% Aug
July 20
110% Mar
July 20
Jan
9
64
2
6
Investors
General Bronze Corp——
800
9%
29
130
10
; *20% ' 21
9%
28
*167
43%
43%
9%
28%
-•
168%
43
170
*167
29%
:
28
132 4 5
131
132
131
9% '
185
♦183
185
21
21%
9%
'
V 9%
9%
Jan
41
1
'
183%
s
9%
Dec
—20
'
V
108
Jan
16% Mar
preferred
Transportation—.
$4.50
2,000
Jan
17
14% Apr
—
preferred
conv
Amer
93
11
1 '/e
6
Wood Industries Inc.
Gen
3,400
'
18
29% Jun
Jan
Jan
Gaylord Container Corp—
200
v
107% Apr
13% May
No par
No par
Co—
preferred
$3
9 %
22
20
Gardner-Denver
200
68
9
Dec
Dec
No par
1
(The)——
Co
24
10% Aug
23 Va Jan
100
preferred
6%
Gamewell
500
18 '/4
*66
9%
£'•■■■ 24%
100
is yi'
17%
>:::
9
I
17%'
Apr
5
Nov
30 % Feb
2
6 % Mar 20
—
cl A
(Robert)
Inc
27%
17
7
Dec
Aug
Apr
32
107
10
(The)
Gabriel Co
2,/UU
May
105
Jan
19%
Jan
25
preferred
4%%
6'/4-
"
K'y 6 Va .'
68
17%
18%
*66
18% '
•66 '
17%
17%
•66
20
100
Jan
1
Co
2,100
6%
8
6%
15
Trailer
47%
118 %
*7%
7%
6
15
Fruehauf
47%
*117%
*117-%
118%
17%
10
Co
48%
49%
118%
7%
*17%
Freeport Sulphur
118%
48
48%
*117%
49
48%
118%
*117%
1,100
Jan
10
Corp
Corp
38'%
38
16
49
47%
118%
f.-ry.
38%
14%
7
Dec
22%
,
No par
& Co Inc 7% pfd—100
Francisco
800
Jan
22
50
-oar
prior preferred
Sugar Co
6%
26%
16%
26%
.
135%
135%
•
16
2,100
Dec
14%
100
Food
Machinery
47%
Jan
38% Jun
53% Mar 26
Food Fair Stores Inc—
Foster-Wheeler
44%
Jan
9%
10
600
;l;
62%
34%
32
105% Apr 26
42 % Jan
2
No par
Corp
preferrtd
conv
Dec
21% July 24
% July 24
par
No
Co
Steel
500
20
34%
35%
*26'/a
26%
15%
16
20
*61
62%
62
36
*35
36
26%
15%
15%
138
*134%
34%
19%
62
62
Stove
Florshelm Shoe class A
Follansbee
5
25
No
6%
21%
20
22
103
—No par
preferred
Florence
1,000
300
64
64%
64
$4
100
2% Jan
Oct
33% Jan
38% Mar
28 % Jan 23
—No par
Stores
Dec
13%
7
109% July 27
100
(The)__
Co
Flintkote
4,300
-
43%
8'/a
8%
63%
%
28
109
37%
';
37%
8%
8%
65 %
8%
67%.
•45
*43%
37%
44%
*37
28
109
28%
109
*108
109
109
National
Dec
47%
8
22% Jun
5
Mar 28
Jan
2
10
Y____
17%
Jan
* ■■■<■.
16% Jun
23 % Jan
9% Jan
:
preferred
4%%
First
300
48
,,
Firestone Tire & Rubber—
4
100
107%
48
48
48
49
107%
107%
*106%
108%
*47 %
43%
Rights
2,000
*106%
107%
Corp
Apr
27
33% Mar
25% Jan
No par
100
-1
preferred
conv
Enamel
Fidel Phen Fire Ins N
800
55%
Corp—
Dept Stores
Feb
Apu
.
5
May
57
Dec
Dec
84% Aug
6%
28
17
104
Motor Truck—_——No par
4% %
Ferro
22,900
56
55%
37%
8%
8%
8
65
105
56
1
;*37
25%
%
r%
%
109
109
110
*108
25%
11%
104%
34%
105
55%
107%
25%
11%
34%
55 %
54%
*106%
11%
26%
11%
26
57% Apr
7% May
Deo
78%
12
22
4
12% Mar 26
No par
—__2
5
$6 preferred
70
200
157/aJun
21% jun
:■
t
21%
2
6
Jan
9%
27
;
1%
14
70
9% Jan
i
7
Jan
11% Jan
15
Traction
&
34%
"
105
Light
109%
*34
34
2,000
Jun
89
f per share
Apr
46%
15% Jan 24
86
Fajardo Sug Co of Pr Rico——20
Parnsworth Televis'n & Rad Corp_l
.
22
12% Jan
5%
93
13%
13%
18%
48
*89%
95
13 Va
13%
20
68% Jan
common—
1,100
79 %
%
2Vo Jan
'
May 21
100
-50
^——8
8
RR
pref series A
Erie & Pitts RR Co
*17%
13%
17%
/'
79%
79%
t per share
t per share
No par
Erie
7,500
'
80
1
Highest
Lowest
Lowest
Far::
;.'v
Year 1844
Range Since January 1
♦
Highest
STOCK
NEW YORK
the Week
Aug. 3
Aug. 2
Aug. 1
Sales for
Friday
Thursday
Wednesday
Tuesday
July 30
r
July 28
Range for Previoas
STOCKS
LOW AND HIGH SALE PRICES
Saturday
577
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
40
Jun
25% Jun
27
104 '/a
Nov
Feb
51%
Deo
Jan
1121/s
8%
Jan
17%
1%
.
Jan
36%
20
"jun
98
•
54%
104%
July 31
~Feb
Jan
7
3%
Jan
5% July
15% May
19%
Jun
Oct
Aug
Dec
18% Jan
3
14% Jan
23
19% Jun
5
9%
Feb
16
36% Jan
22
54% Jun
22
32%
Jan
42%
24% Jan
10
23%
Jun
25'/a Mar
1
14 Va
Dec
17%
21% July 25
14% Jan
2
46'/8 Jan
24
28 '/a Jan
2
161% Mar 16
*17% Mar
26
25%
Jan
32% Jun
26
24%
Jan
30
Dec
May 25
143%
Feb
163
Nov
May
67
175
24
43%
Feb
55%
28% May 28
19%
Feb
24 %
July
105%
Dec
105%
Dec
Apr
32%
Dec
20
25
63% Apr
2
104% Jan
12
28% Jan
24
Jan
26
14% Mar 27
58
Jan
23
108% Mar
44'/8 July
8% Jun
13
2
26
216% July 13
30% Jun
26
Jun
14
82
6
57% Mar 16
Jan
2
39
Jun
22
20% Jan
2
29
Jun
8
49% Jan
Dec
57
Jan
167
49»/a
22
% Jan
5% Mar 26
'
Jun
23% Jan
52
Dec
Nov
,55% Jun
72
64
July
11
3%
123
6%
33
42%
Apr
Jan
Feb
Dec j
6'/a Aug
189% Dec
Jan
16% May
Jan
62%
Dec
Sep
50%
Dec
H
*35
37
*35
36
*35
26
26
*25%
26%
*25
18%
18%
*18%'
103%
104%
18%
104
108%
*108
21%
*150
•
*32%
9%
♦109
For
footnotes
see
18%
104%
108%
21%
21%
"150
__
22
9%
—
111
583.
110
21%
.
22
*150
32%
*9%
*109
33%
_
10%
111
35%
35
35
25
25
25
300
1R3Z,
*18%
19
103%
103%
*108%
22
*150
*32%
9%
111
25
18%
*108%
9%
"109
*35
104
104
32%
33
page
108%
36
26
.
.700
32%
*9%
*109
(103/,,
l.noo
103%
103%
395
110
*108%
22
*21%
»15Q
__
32%
10
111
,
22%
'
.
*32%
9%
*109
10
110
1,000
.
39
.
9%.
111
200
.500
Hall
Water.
Hackensack
Printing
Co
.28
10
No *»ir
100
pfd—No par
Harbison-Walk Refrac
No par
filfc preferred
*—100
He^Uton Watch On
4%
conv.
Hanna
(M
preferred.
A) Co $4.25
Hart, Schaffner & Marx
10
Hat Corp of Amer class A.
1
:6%% preferred (modified)—1°0
33
15 % Jan
2
103% Aug
2
Feb
28
18% Jan
2
107
154
Feb
17
Apr
7% Jan
9
Jan
13
x30
107
4
22
Mar 19
Apr
33%
*J*C
15% Mar
22 %
Dec
11%
16% July
27
Apr
104% July 27
110% Jan
24
155
12
July 12
Apr
2
102
15%
138
109
Dec
Apr
21
July
Jan
152
Dec
Jun
37% May 28
16
5%
Jan
May 16
104%
Jan
10% Feb
112
~8%
110.
Jun
July
I
194Sf
Monday, August 6,
FINANCIAL CHRONICLE
THE COMMERCIAL &
NEW YORK STOCK RECORD
share
11%
12
11%
10 %
9'A
24%
112%
*185%
*74
•
76
.
»185i/4
189
112
'
25
V:
189
*185%
;'■> 22,300
112%
200
2634
7;,7. 88
Hecht
200
Helme
26
26%
25%
26
26%
*25%
87%
87%
88
«8 y4
bd
*86%
*134%
132
132
*30%
*23%
241/2
*24
481%
*47%
48%
*18
181/2
*18
18%
26%
26%
26
26%
51'/a
"51%
52%
53
32%
*30%
*24
25
*23%
24%
*47%
48%
48%
48%
*18
18 y4
18
18%
26
26%
26%
26%
50%
51 ft
51
51%
46 y2
*45
200
26%
2534
*47%
*30%
26%
3,100
5234
44%
7,900
Homestake Minings
30%
100
30%
31%
32%
18%
51%
44%
321%
*30%
25%
*24
200
48%
48%
*18
25%
45
44
44
21
20%
21%
201/8
20%
20%
20%
2.900
25ya
26
26
26%
25
25%
25
25
1,800
106%
*106
-
106%
107
107
107
107
*106
107
84
84
*81
84
82
83
84
84%
84%
84%
14%
14%
151/a
14%
15
14%
15
15
15%
14%
37
37
37
6
6
g
37%
6
38%
37%
5%
37%
5%
5%
28%
27%
27%
17%
17%
*17%
18%
28%
28y4
:
28%
28 V4
28%
27%
6ya
27i/4
6%
26'%
5%
34%
5%
200
26%
6y«
8,800
A;
700
Jan
20 Va
Jan
63
114
Jun
28
1974
Apr
Feb
295/a Feb
28
20 V4
23
Jun
Mar
73
July
Dec
125
Jan
32
2
Feb
89
134
Jan
26
NOV
27 3%
Jan
Jun
Feb
753/4
170
Apr
132
25
41% Jan
75
128
Sep
Dec
22% July
Apr
.
July 20
>
25%
Aug
Dec
23%
8
36 %
Mar
47 %
Sep
17% May 21
20% Feb
19
13%
Jan
21 %
Nov
17% Jan
29
Jun
26
13 V4
Jan
19 %
2
603/4 Jun
26
39
2
48
Jun
23
42
42
15
Jan
44
49% May
Aug
167« Jan
2
Aug
28
663/a Jan
843/4 Aug
22
20
63
2
Feb
70% July
13% July
18% Apr 20
7. 43% Feb 21
7«/4
Feb
30%
Feb
7% Jun 25
l3/a
Jan
2%
Jun
6
Jan
11%
Dec
2
Jan
16
10
:
183/a Aug
Jan
9
2
123/a Jan
347/a Jan
Jun
45
3
Apr
109% July
103% May 21
Dec
47% July
Jan*
May
1374
7
237a May
2
25
Jan
19
23% Jun
26
28
No par
27
Jan
2
No par
14 y4 Jan
6
34
1
33/4 Jan
2
20
Co-——j—100
29% Jail
3
197/a Jan
24
42% Jun
30
76
24A
91
Hupp Motor Car Corp
151,000
Sep
80% July 16
7 23% Jan
25
Jun
32% Feb
Hudson Motor Car
35
35 7
337/s 7: 34%
15
100
preferred
Bay Min & Sm Ltd
Hud
6%
15
Feb
100
Manhattan
&
non-cum
2,800
28
27
34%
Hudson
2,800
18
Feb
123
-
1,300
!•:-
:5.: 27%
6%
35%
5% 7:
•A 72
22
Mar
63 3/4
Dec
8%
112
160 A: Mar
A
22
138
preferred
.—.—100
Houston Light & Power Co.—No par
Houston Oil of Texas v t c
25
Howe Sound Co
5
3,900
6ya
;
*17
28%
26%
6%
26%
27%
6%
28
5
5% A
5%
17%
17%
28
*17%
37
37
38
94
15
,3%%
900
A
8
Feb
No par
No par
Class B
,
24
•Jan
-12.50
No par
Household Finance
70
106%
313/a Apr
82
preferred
Houdaille-Hershey cl A
300
45
20%
25%
20%
45%
21
*45
28
130
A 2274 Jan
:
after
pfd-5%
conv
25
Jun
'
Nov 15—_100
So par
No par
Hlnde & Dauch Paper Co
10
Hires Co (C E) The——
—1
Holland Furnace (Del)—
10
Hollander & Sons (A)
8
Holly Sugar Corp
No par
6%
$4
100
80% Jun
,
186
4
Jan
93/4
Jan
99
.
"
170
No pat :
——No par
Motors—*
2
71% Apr
8
25
i per share
Apr
2%
I
20V4
Feb
26% Jun
118
10
.
21
11% Jun
Mar 13
'
20% Jan
.
Hershey Chocolate
332%
*130
13234
*130
80
*78%
80
*78
132%
*130
136
*135
80
*78
80
134%
*130
136
*135
136
*78
80%
*77%
Hercules
Hercules Powder
136%
*134
136
♦134
v
108
•6%
14% Jun 28
4
Previous
1944
Highest
9 per share
t per share
Mar 26
6
-
*—-25
—
lioo
88%
'/2
93/a Jan
preferred-—a—100
non-cum
1,100
26%
87%
—
W).
(G
1%
189
26%
26%
*86
Co.
900
76%
*74%
*185%
Year
Lowest
Highest
I per share
.
A
25.
»—15
Co—
Hazel-Atlas ..Glass
.
1
9
Mfg Corp
Hayes
25
*24%
77
76
189
77.,..;.
,
Hayes Industries Inc
1,800
9%
112
25
:\
*74
v,
11%
9%
112
Lowest
Par
11%
9%
EXCHANGE
Shares
S per share
12
9%
//VA-;;
the Week
Aug. 3
A
share
12
25%
*24%
25
75%
75%
75%
189
9%
112%
112
25
25
*74
*185 %
11%
9%
10%
111%
112
112
11%
12
9%
S per
$ per share
share
W per
f per share
Aug. 2
Aug. 1
July 31
July 30
July 28
I per
Range for
Range Since January 1
STOCK
NEW YORK
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
Saturday
STOCKS
HIGH SALE PRICES
LOW AND
37%
July
28 Vb July
22% Mar4
16% Aug
May 19
8V4
Feb
6% July 31
17*
Jan
6
Aug
I
35%
35
35
35
A.V 35%
33
34%
34
34%
!M:
65
65
'
*87
32
*87
32
v/A
24 y8
24%
45%
46
45%
•
112
112
12%
12%
172
172
*
*
■
81%
81%
81%
:
18534
185%
A/AA;
33% ;;"
6
-32%
2®
88
88
96
96
15%
89%,
44%
41-34
*111
118%
*135
145
A.,KA:
24 %
24%
*40
♦135
7
24%
24%
247/s
24 %
*23%
24%
*23%
24%
*37
39
37%
37%
38
110%
110%
*109
3%
3%
*38 %
38%
112%
*111
35 Va
35%
35%
95%
106%
23
s
39
37%
*109
114
r3%
3%
3%
145
24%
1,600
2374
600
243/4
100
Intertype Corp
Island Creek Coal—i
38
38
*150
112%
114%
ii5y2
41%
r3%
3%
175,200
38%
200
112%
10
38%
112%
38%
38%
112 V*
*38
*111%
112%
*111%
35%
35%
34%
35 %"
343/4
35%
95
35%
95%
95%
9534
94%
947a
106%
23%
*23
243/4
*24%
243/4
*105'/a
*23%
105%
23%
233/4
*23%
25
♦24
122
*118
23%
Jones
9,300
700
>
105%
233/4
105%
*2334
107
*106
23%
4%
Joliet
*120
*120
Rights
Johnson
800
800
A
5%
.5%
Joy
Dec
Dec
1%
Jan
88
Jun
Dec
Apr
130
Jan
6Va
Jun
32% July
136
Oct
30% May 29
13 Va
Feb
21%
Dec
66
Feb
94
Dec
26
•:
Mar 27
.
3,
2
73%
1974 Jun
21
98
20
Jun
■
134% Jun
1
139% Jun
5
V. 18-% Jan
2
31% May
187/a Jan
2
31% May
j 2 5 3/4 May
Feb
Jun
Jan
47
Aug
Jan
Jan
117
Feb-
20
Jan
20% Aug
15
Apr
20 % July
2
24
26% Apr
24
15
Jan
<741% Jan
9
29
Jan
34% Jan 22
1107s July 30
101
Jan 2
12%
—100
•
a—100
;
1
3 Va July 23
31
Jan 25
109% May 31
90
Jan 10
27 Va Jan 24
79
Mar 27
91 y2 Jan 2
19% Jan 9
150
Oct
Dec
Jan
19% Jan
12
Sep
Dec
11 %
177a Jan
Jan
43
93
135
117a
7
36 3/4 Mar 27
145
Jun
12%
92
39%
56%
5
42% May 31
68% Jan
35%
47% May
2
stamped—100
& Laughlln Steel
No par
pref series A
100
-
18 3/4
80
Jan
25%
77a Feb
19
RR
Mfg Co
Jan
Jan
4%
Jan
————————
pref sefles B conv
3% Aug
15 Ve
Feb
preferred ser A
Nov
05
Aug
92
Inc———No par
100
Corp—-—No par
Chicago
82%
180%
39
& Johnson——.
2nd
&
188
Apr
Jan
137% A p.
Johns Manvllle
•
*38%
*120
1,600
Feb:
67 3%
165%
140% May 22
9% Mar 26;
preferred
4V*%
100
114%
♦109
Jewel Tea Co
800
37%
37%
37%
112
Dec
874 July
107a July
7
38 % May
23
41% July
——.1
preferred
$6
1547/8
;
Apr 27
907a May
—100
*23%
77;
195 Va May 19
No par
No par
No par
No par
La—1
:
Teleg
23%
38
Jan
A':
105%
•
997/a July 16
79
50
Silver
Foreign share ctfs
Interstate Dept Stores
*24
r*
2
4074 July
Apr
6%
•
1274 July
87a Oct
Nov
21
ll7/a Jun
Sep
Aug
19% Jan 26
No par
No -par
preferred
1%
'
NOV
165,
843/4 Jan
100
*
Feb
129
29 %
104 A
6
:;v
7:28% Jan 24
No par
100
.
27
Dec.
X87
Feb
974 May
7Va Jan
6
24 % May
5% Jan
1113/4
Mar
71%
Jan
2
Salt
Intern'l Telep &
22,300
17:
.
158
Oct
106%
Jan
5 88%
9
■:% 67» Aug
2
International Shoe
>7
24%
2434
*150
113% 115%
23%
106
*371/8
38
95
*io5y4
*23%
112
38%
*135
preferred
International
118%
7
,
23%
"24%
24%
400
*113
24%
2334
24
38
112%
24%
•24%
24%'
.
*109
3%
*94ys
23%
5&
5%
23
Jun
Apr 11
187
Jan
5
Paper
International
42
*41
.VA'A
145
*37
*120
♦120
*135
24%
38
3%
38%
145
24%
112
■
42
11834
274 Jan
Co——.——15
conv preferred——s—j-100 A
Rys of Cent Am
No par
Inter
A
4
7574 Jan
Preferred
600
i
178% Jan
July
67a
A
19
—100
u—,
Int Nickel of; Canada—
International
87/e Mar 26
173% Jan
Dec
8
.
8% Feb
%
74% Mar 21
.7
22
100
9%. May 25
503/4 Apr
109
6% Mar 28
Jan
423/4 July
,
3
Corp—-——1
preferred.
International Mining
250
7
44%
*40
44%
42
*113
; *23%
115%
*111
*40
*
41%
*150
115%
115
114 ;
91%
11834
*23 %
24
*148%
♦148%
16
91%
■
A: 1,100
99
16
A 41%
24%
24%
23 V2
39
983/a
15%
♦135
145
24%
*23%
*37
97
91
44%
*40
119
,,,'•23%
y
97
•11234
•
42
*111
13,500
257a
15%
90%
92
\
7 50
■
.
25
25 y8
*
8,900
A
140
•133
132
15%
15%
*90%
44%
*41%
25
7'.
.
Dec
8
35 y4
174 7. Jun?
,
6
.
77%
49% May 17
25
37% Jan
Dec
Jan
20%
147a Mar
104% Jan
Dec
56
26
94 :. May
»
87r Jan
,
-23
Hydro-Elec Sys class A_
& Chem__
A 4%
200
33
32%
Int
International Min
1,200
26
Nov
23%
153% Apr
_H% Mar 26
-
19,900
7.
90
i'.'fvj/'i
3334
210
.
20%
96%
96%
A
90%
9034
25 Ye
24%
9634
15%
15%
132
132
132
132
32%
400
.
2,800
67s
57a
20
•87
%
33 y8
32%
33%
32%
6%
*6
6%
*6
95%
.
-
20%
86%
15 y4
41%
A
6
20
86%
25%
*40
5%
634
5%
4,800'
■
A
.
82%
183% 18374
20
25%
89%
185
6%
25%
24 %
82
185
V
191
*190
82
87
*130%
132
132
186
97a
9%
10
191
Jun
.Jan.. 2
82
;
:
20 j
-1 y
,_No par A
/4% % /preferred———'
100
IntercontT Rubber—,
—No.par
Interlake Iron
—
No par ;
Int Business1 Machines„i.No par International Harvester——No par
Preferred
—iii
—a—100.
poo
,
1,** 109 Va Mar 16
7122
Jun 15
2
Aug
Feb
166
32%
46
28
Jun 25
26% Jun 27
; -
2
104% Jan.
Inter chemical. Corp.—
100
:•:
7
*6%
'
81
20%
*8534
87
6
9%
106%
A 7
i-7
104
InsuransharMr
300
'
.
.$4.60 preferred A—-—No pa*
Ingersoll-Rand__——
No, par
,6% preferred—
——_—i_100-i
Inland Steel Co
No par 7
100
f
739 % Jan
Feb
10% Jan
25% Jan
24
1
26
Apr
38
•
Inspiration Cons Copper
Ctfs Inc—
4,100
42%
♦105% 106
*190
81%
1,100.
9
'7. -f
*41
5%
20%
•85%
■;T 7
192
*185
186
*105%
"A
9
200
'
12%
12%
9y4
42
42
1A " A;
-
81%
'
*8%
;
900
i
YiS
93
*90%
91%
12%
20%
5%
5
20%
185%
9%
82
12%
7
192
191%
191%
*;
192
90
105%
*6%
10
9%
10
9%
192
172
J
47% Jan
72% Jan
37% May
; A 1874 Jan 22
7 19 Va Jan "A 2
Indianapolis Power & Lt—No par,
Industrial Rayoni.—No par
1,700
1,000
112%
*171
ctfs series A
RR See
100
.
105%
X112%
172
42%
105%
7
6%
*104%
115
9%
*8%
*42
106j/2
*105%
105
12%
12%
9%
42%
7
93
*90%
12%
12%
7
6%
105
115
.
A
46%
*112
104
91%
*45%
.
*171
104
*8%
106%
106
46%'
*112
42 34
9%
42
42
46
*171
ri-
"
*87/a
24%
46%
HS
91%
92
*90%
31%
24%
46. v
106
*171
172
*171
31%
24%
*112
;
32%
24%
—100
—--1000
—
*31%
■>
;—10Q
A-
6% preferred series
A .Leased lines 4 %
200
90
24%
*104
106%
*104
32%
*87
Central RR
Illinois
8,300
■t
65%
90
;7-i *87
*64%
24%
24%
45%
24%
90
*31%
7 32
66
*64
*87
A
90
32
90
65
65
66 7-7;
*64%
33% 7 3434 A
A34347;
34
Idaho Power Co_
18
138%
May 16
Jan
27
25
20'/a
45,
Dec
July
144
Dec
Apr
387a
Aug
114% May 31
1073/4
Jan
112 Va
Nov
21
847a
Feb
105
Dec
30
Nov
42
128
Jun
Jun
5% July 25
40
18
Jun
Sep
Sep
111
Dec
May
95
May
Jan
1073/4
112 % Apr
17
102
Apr
25
90
39
Jun
26
207a
97
July
116 % Jun
343/4
28
Dec
58
Jan
80
Dec
26
66%
Jan
93
Dec
9
10%
Jan
20%
Dec
16%
Apr
9
30% May
K
*23%
*118
227a
51
*19
30 3/4
*118
124
23%
23
51%
51
20%
27
*26%
*19%
23%
23%
36%
37
29%
29%
27
*26%
23%
*23
*29%
*81
28%
27%
27%
27%
28
*26%
20%
543A
*193A
33%
55 .■•"'/ /■
32%
55
20%
-V
.
200
N00
32%
100
27
*26%
28
900
•
400
23%
23
23
23
23
363/a
37 • -•■■■
37%
37%
31
29%
30 Va
*30%
303/4
31
31
800
47
500
46
12%
*107%
,
33
6,200
7
243/8
37 %
*11%
107%
55
*193/4
35
11%
81
81%
46 y4
46
12
81
*12
7;,;.
82,
*46%
45 iv
*81%
82
28 Va
*400
1073/4
1073A
*1073/s
27 %
27%
27%
27%
2,000
107%
27%
•>= 30
.
28%
107%
27%
28
27%
7.000
7.77:
82 3/8
107%
28 3/4
108
-.7
12
12
12%
28%
28
28% 7
*9%
10%
*9%
10%
*9%
10 y4
*9%
10%
36%
36%
367a
367a
*363/8
363/4
7 v: *36%
363/4
*9%
363/4
42
42'A
41%
41%
41%
41%
41'A
53A'
5%
5%
53/4
5%
34%
34%
343A
7
80
1,100
10%
41 %
41
:
400
36 3/4
■
2,100
42
(Julius)
34'A
34%
34
*53
55
*53
*51%
53
*52
53
53%.
53
*52
5%
■
34%
53
53
*51%
13%
13%
133/4
13%
133/4
133/s
13%
313A
32
32
31%
32'A
31%
32'A.
13 Va
12%
13
13
13 %
23/4
13%
2%
3
*44%
45
44
12%
45%
41
41
41%
22%
22%
22 3/s
*40%
41
*22
223/a
41
*22
*19
19
19
56
56%
193/8
19%
*56%
57
19%
57
12%
123/4
Class
B_.
Keystone Steel & Wire Co
Kimberly-Clark Corp
Kinney (G R) Co
$5 prior preferred
Koppers
4% %
Co Inc
preferred
Kresge (S S)
Co
Kresge Dept Stores
Kress
& Co
(S H)
Kroger Grocery & Bak
.
"
13%
41%
42%
42 3/s
2,500
Lehman
22%
22%
22%
300
19%
19%
*56%
8%
56 %
1,200
19
19
56 3A
77
700
54
8%
54
*52%
54
*52%
54
*52%
533A
*52%
91
*92
94
*93
95
*92%
95 V4
92%
95%
400
92
93
94
94
95%
95%
95%
3,300
*187
191
*187
191
8%
83A
8%
94%
"
*187
8%
95
95
191
190
36
*33%
36
52
52%
52%
523/4
*52
523/4
45
45'A
45%
46
22%
22
22
*21%
*31
*33%
36
*33%
*21%
31
31
31
31
26
27%
27
27%
173A
For footnotes
43
22
31%
27
27%
♦33%
52
190
35
45%
45
*21%
*31
26%
8,900
(The)—
Fink Prod Corp
Lerner Stores
Corp
(new)—No par
Glass
Libby McNeill & LJbby
Libbey Owens Ford
10
Liggett &
25
—
—
No par
Wks
—No par
No par
-No par
-No par
—1
No par
Lima Locomotive
Co
*21'/a
21%
100
Lion Oil Refining Co
31%
*31
25 3/4
25%
25'A
25%
54%
55
55
54%
54%
17%
18%
173/4
18%
18%
18%
25%
*55
18%
Liquid Carbonic Corp
31%
400
28%
17,700
Loekhped Aircraft Corp
10,700
Loews
257/a
100
Lily Tulip Cup Corp1,100
22
54%
25
Series B
Preferred
Link Belt
25%
7
8
900
273/4
No par
Myers Tobacco
45%
273A
No par
50
—1
——3
Life Savers Corp
36
52
Lehn &
—
Corp
%
25%
8%
190
*33%
*45
173/4
583.
*188
52
54%
see page
,
52
26
25%
*54
46
50
41
91
8%
Bryant
Lehigh Valley Coal
6% conv preferred
*53
8%
Lane
1.100
*56%
8 3/4
57
(The)
Lambert Co
55%
600
18%
1,900
2
24
10
8
15
14
1
17
26
7
27.
24
iiliftiisllllll;
l
Lehigh Valley RR
100
7,000
133/4
32
3
*22
-a
I
No par
,—10
—100
10
1
No par
No par
5,600
7
;:7
Jan
Mar
Jan
83/a Jan
72% May
28
Aug
107% July
26
Mar
8% Apr
353/4 July
37
Jan
Laclede Gas Lt Co
45%
3
Jan
2,000
1,200
*45%
3
18%
35%
22Va
337a
100
No par
No par
Lee Rubber & Tire
5
Lehigh Coal & Navigation Co
10
Lehigh Portland Cement—
25
18,800
453A
2%
J
No par
No par
No par
1
4,000
7/
53
.13%
31%
3
1
Kelsey Hayes Wh'l conv cl A,
45%
3
3
44
27/a
44
.
52%
*52
53
13%
,
*51
52
313A
5%
34%
*34
34%
*51
7;
5% 77
5%
Jan
& Co_.
Kennecott Copper-^...-
3
Jan 1 3
Jan 22
Jan 22
Jan 26
Jan 22.
Jan 23
20
117
7 7 13
. 34
18%
237/a
A 22%
—10
ICaufmann Dept Stores
Kayser
i-7i:
5%
Furn
L pf ser B_.—No par
Kansas City. Southern
No par
•4% non-cum preferred
100
Kan City P Si
112
23%
233/a
Kalamazoo Stove St
v
37%
47%
29
28%
23
7'/7
243A
'•/:
37%
*46%
107%
233/4
53 %
*33%
*23
*118
20
20
20%
33
36%
823/a
*81
:
52
51%
33
12%
*113/4
23
23%
46%
46
*118
124
27
31%
243/4
122 :7 ('
.
.
''4% Apr 5
31% Jan 3
30
Jan 24
47
Jan 22
12
Jan
4
29% Jan 24
6% Jan 30
7 2% Mar 26
355/a Jan 22
367/s Jan 22
20 Va Jan
3
17% Jan 22
51% Jan 24
73/4 Jan 2
47% Mar 28
78
Jan 2
78
181
32
47%
41%
19%
Jan
Jan
3
5
Mar 28
Jan 25
Jan 22
Jan 22
29% Jan
2
Cement Corp
No par
19 % Jan 31
25% Aug 2
50
Jan 23
Long Bell Lumber A—
No par
15% Jan
Lone
Inc
Htar
—
6
28% Mar
124
1
Mar 26
297/a Jun
18
59% Jun
18
117
,
,
Dec
6% Jan
193A
Jan
Jun
7
13 V4
Feb
38% Jun
28
17
:
Jan
2874 Feb
27
20
y
Jan
22
21% Aug
124 :
147/a
Feb
■
Dec'
39% Mar
20 %
X26
Dec*
Aug
243A
Jun
26
Jun
11
13 Va
Jan
19%
Jun-
40
Apr 24
293/4
Jun.
373/a
Dec
31
Aug
3
19%
Jan
24
Dec
48% Jun
5
31% Mar
42
15% Jun
28
Jun
28
90
34% Jan
112
Mar
3
5
29
Jun
26
11
Feb
13
3
Feb
54%
Jan
32
Dec,
108 %
22
63/4
97/a
78'/a
343/a
Oct
Dec
Dec
Dec
Dec
108%
Dec
Feb
27%
Nov
Jan
10%
Oct
4274 Jun
4
273/4
Jan
39
Dec
44% May
7
31%
Jan
37%
Nov
26
7% Feb
2
357a Jan
19
Jun
15
56
55% Jun 26
Apr
X31 %
Dec
17%
Jan
31%
Dec
38
Apr
49%
Dec
12%
Oct
Apr
31%
Dec
4 %
Jan,
8%
Dec
Dec
16% Jun
26
8
Jan
Feb
20
21
17 Vz Jun
18
37
1%
Jan
27a
50 % Jun
8
15%
Feb
39 %
47
Jun
16
297s
Jan
387a
Dec
24
Jun
26
18%
Jan
21%
Jun
21
Jun
5
V17 % Dec
193/4
Dec
65
May
3 3/4 Jun
9% Apr
55% Jun
8
5
17
42
678
Dec
Jan
537/a Aug
Apr
8% July
8
39
Jan
49 %
95 Va Aug
3
68 %
Jan
83%
Jun
95 % Aug
2
67%
Jan
86%
Jun
195% Apr 25
39
Jun 15
174%
Jan
2678
182
Dec
Nov
Feb
32 %
Dec
59% Mar
1
36
Apr
52
Dec
Mar
7
37
Jan
44
Dec
24% Feb
7
173/4
Nov
22 V4 May
34% Feb
13
193/4
Jan
30 %
Dec
Jun.
28
1478
Jun
23%
Nov
4074
Feb
53
Dec
8%
Jan
167a
Dec
51
30
28 3/4 May
17
60 % May
9
21
21 Va Jun
Volume 162
NEW YORK STOCK
$ per
Tuesday
■;
$ per
25%
25%
58%
X57,
*31%
57
*31%
*153%
523/4
155
Lorillard
7 %
30
—
166
Jan
183
2
28
July
60
Jan
20%
ft,.,
t per share
20% July
165
Jan
—
Dec
44
Apr
151
5
1
21
Jun
Jan
17%
2
27% Mar
Mar 27
52
t per share
Mr y 18
25
4
23% Jan
No par
—50
& Nashville
50% May
20
Highest
ft.':. Lowest
ft* per share
18% Jan ft2
100
preferred
Louisville
3,500
10
;
_
Louisville Gas & El A
700
57%
Co
(P)
40% Feb
—23
Biscuit
Loose-Wiles
4,000
25%
57%
33
.ft
Fear 1944
Highest
f per share
Par
400
ft,:
24%
173 -ft
25%
57%
57%
"
ft'
44
173
253/8
*25%
32%
57%
32%
173
253/B
ft
24%
Lowest
EXCHANGE
Shares
share
Range for Previa**
,
Range St III! Tannary 1
STOCK
NEW FORK
the Week
44
24%
175 %
ft
Sales for
Aug. 3
$ per
44 %
24%
253/e
57%
33
57%
44%
176
>173
25%
25%
.
243/a
176
176
178%.
"•176
'
24%
' 45
*441/2
243/a
23%
Friday
■ft
share
$ per
i per. share
per sTiaro
*44%/ 45
45 ft/ft
24'/a
23%
.
S
share
ft *44 y3
Aug. 1
Aug. 2
July 31
July 30
share
Thursday
•ft
RECORD
STOCKS
SALE PRICES
Wednesday
AND HIGH
LOW
Monday
Saturday
July 28
579
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4409
—
Deo
24%
Oct
—
ft M
ft
*31%
*153%
154%
154
*107%
109%
*17%
18%
18%
9
*8%
9
165/8
28
*27%
9 %
800
Manati
Sugar
16%
400
Maude!
Manhattan Shirt
4%
5
5
5Va
8
C
8%
10,600
17%
171/2
171/2
*17%
173/4
*17%
',25%
25%
.25%
25%
253/e
'ft" 25%
253/8
110%
*108
IIO1/2
*107
110%
*107
110%
4%%
27%
26%
27%
26%
263/4
26%
27 %
4,300
18%
20
193/a
20%
18%
193/8
18%
18
3/4
18%
18%
5,200
41%
42
41
41%
42
42
ft'ft
*105%
106% 107
11%
11 %
11%
*ll3/8
45%
•44%
112
112
*110
38%
24
24
112
33"
*323/8
33
Too
*21%
22%
700
57
57, *
57%
57%
57%
293/4
29%
29%
29%
295/8
X57
29%
17%
*111
24 •:
*23
*104
105%
*104%
105%
*103
105%
*103%
106
37%
37%
22%:
22%
66%
66%
67
39
*37%
38
37%
73/4
263/4
27%
26%
*403/|
41%
*40%
*65%
69%
16%
/■V
16%
3%
*109%
110%
3:9%
9%
35
*39
40
28%
*85
87
*112%
1097/s
*109%
112
116
14%
35%
40
40
283/4
28 3/4
86%
*112%
115
1073/8
150
61%
4,900
61%
60%
46
45%
45 %
39%
39%
395/8
39%
39%
39%
39%
*39%
39%
450
27%
27%
27
28
28
26%
*26
26%
26%
39%
39%
39%
27%
27%
27%
26
25%
26%
..3 36%
14%
37
*26
35%
35%
35i/4
14%
15%
14%
353/4
14%
: 14
ft"
102
100%
100%
*100%
102
*100%
102
27%
27%
*27%
28
*27%
28
*27
28
94
*97
93
*93
94
111
111
111
ooi
17
IIO34
111
57%
19%
18%
19
18%
18%
46
451/2
45%
44 %
45
100
111
60
:
16%
5,200
100
58
3
6
47
Mar
28%
Nov
97
Apr
104%
Dec
18
10
Feb
13%
103
Sep
16% Aug
111
Oct
Dec
19% July
8
Jan
13
3
82
Jan
100
103 % July 27
70
Jan
94
19
31Va
Apr
38 %
Nov
24% July 10
8y8
Jan
16%
Dec
16
Jan
3
Jan
2
May 21
x41% Apr
Dec
Sep
Oct
3
37
Jan
55%
Dec
10
45% May
Mar
39
Aug
44% Mar
9
2
25
3
27
Jan
38
Dec
Jan
72
107
Dec
1
6
Apr
107
Deo
Z ft 8% July
24
23%
Sep
ft
27 Va
Jan
•:39
116%
Jan
45% May 17
Mar
6
74 V2 July 11
19
46
12%
Oct
18
2
113 Va Jan
4
1%
7
5
July
47% May
36 %
108 %
Mar 13
109% May 21
114
110
111% Apr 24
11% Jun 23-
May 22
6%
Jan
93 Va
Jan
8
17%
Feb
16% Jun
18
2%
Jan
119% Jun
3% Jan
2
22
16% Jan
22
49% Jun
3
46% Apr
30
2 5 % Ja n
2
8Va
18
Jan
36
33
Feb
5
116
Jun
113
July 26
119
Apr
2
106% July 26
113
Jun
11
47% Jan
41
26
47
23
44% Jun
44% Jun
Dec
9% Oct
III
Jun
23% July
6%
Dec
18%
Dec
Jun
Apr
25
Oct
88%
Oct
117
Jan
119%
Sep
113
Aug
Nov
107% Jan
41% Apr
35% Jan
53% Nov
42
Oct
21 %
Jan
35%
Dec
Jan
16% Jan
21
July 16
21% Jan 20
Dec
Nov
112
114
9
Jun
Dec
113
111% May
65% July 10
12
Mar
Dec
39%
19% Sep
28
46
114
Jan
74%
8
2
2%
ft
Jan1
29
8
97% May
79% Jan
111% Jan
.
107
19
4
22% Jan
May
Sep
31 % Mar
7% Mar 26
109% Jan,
Apr
Mar
Aug
Oct
58% May
19 % Dec
Oct
105
5
28% July
144%
Apr
22% Jun
Mar 24
May
29
160
1% Mar 27
109
Jun
31 Va Apr
23
15% Jan
July 10
9% Mar
111
106% May 16
21
32% Jan
39
32
May 17
28% May 17
15%
24%
Jun
23% Mar 27
6
40
5
26 Va
Apr
25%
33%
Dec
31% Jan
No par
-5
*
1
;
Co
55% July
21% May
9
Mar
105% Aug
12
ft;; 7% Jan
1
preferred
No par '
Munsingwear Inc
—No par
Murphy Co (G C)
No par
4% % preferred
—100
Murray Corp of America10
Myers (F E) & Bro
No par
600
Dec
26
,
Oct
22
112% May 23
26% Jun 22
24
37
—
Corp
Brass
32%
Feb
54% Jan
$7
60
:
Wheel
Apr
14
33% Mar
Mullins Mfg Co class B
1,400
>
94
*57
58
*57
57%
Mueller
27
16%
58
*57
*110%
Motor
14%
Q3
17
16*
17
17
17%
17
58
*57
93
94
*110%
111
16%
Motor Products Corp
1,000
1,000
102
*26%
;
1,500
26%
28
*14%
102
of deposit
Jun
Apr
27
19 % Jun
25
14 % Mar 10
No par
50
Essex
&
Certificates
27
% *353/4
36
13%
351/4
102
*110%
Morris
330
39%
Oct
21
112%
33% Jun
35
No par
No par
preferred series C
$4
/Montgomery Ward & Co
Morrell (John) & Co
200.
39%
25%
15%
46 Va
;-"*44>',.:
.ft
Dec
18
Apr 28
No par
Preferred series B
200
393/4
26%
r#
61
61%
Feb
July
29 Va
Jan
10
No par
Co
II Va July
44
61% Mar
94
No par
s
16
109%
108
12% Mar 27
100
20
preferred ser A
$4.50
39%
39%
40%
*45%
46
*45%
49
*46
ftftftft>40;;ft
39%
Tool
Mach
Monsanto Chemical
,
Nov
110%
Jan
24% Jun
13% Jan
98% Jan
19%
Aug
39
17 % Jan
;/
106 Va Mar
24% May 18
Jun 27
109% Jan
ft.
4% Mar
,
115
42% Mar 26
preferred series A
Carpet Mills
7%
Monarch
*106s/8
107%
61%
25
104% May 21
No par
300
*113
115
*106
613/4
19% Jan
24%« Dec
176Va
32% Mar
27
3
40
111% May 10
—-1
Impl
*
300
107
*113
107
29
Apr
Mar 15
112
3
100
100
,—100
Mo-Kan-Texas RR
87
115
113
107
27% Jan
•
1
No par
10
28%
107
113
49 %
15
29
Mar
Jun
23
13% May 29
4
40% Jan
110% Jan
10
Mohawk
*113
113
61%
100
115
107
61
32,500
41*.
*112%
*112%
Corp
39%
115
8% Jan
170
May 17
May 5
107% Jun
104% July 24
6
series D
115
87
115
*112%
Mission
1,300
16
33
2
preferred
20,600
27%
28%
87
27% Feb
Sep
29
25% May
19% May
13
195
No par
*112 %
*283/b
*85
32% Feb
Apr
vtc
*85%
28%
5
51 Va May
53
14%
*40
12
Apr
3
37%
37%
40
Jan
2
25 »/4
Dec
4%
24
Power
25 %
37%
Jan
$6.50
Jan
20
Jan
Minn Mollne
Dec
16%
28
Jan
6,200
May
20
47 Va May
35
133/B
87
28%
10%
21
Apr
24% Jun
Jan
Petroleum
Products
preferred
Jan
13%
30% Jun
26
26
4%
12 %
8
5
22
Mar
24
1st preferred
B
6
12
5
Steel
eum
Oct
Jun
18% Jan
26
137
114
*25
14
33% .37%
*391/2
*1123/8
Co
Deo
110% Jun
100
110 'V
25%
13%
*106
60%
•112%
25
12%
12%
ff
116
Jun
26
5
Copper
Class
40
ftftv 93/4
ft/ft 9% ft; 10 Ve
8%
52
Minn-Honeywell Regulator
4% conv pfd series B
4% % preferred series C
10
112
*108%
110
*108%
110%
109%
Jan
No par
600
1,700
*109%
25%
25
40
*85
113
*107%
35%
33%
*39 %
*28%
43%.
112
*114
1,300
33/4
43%
109"%
10%
17
*3%
*109%
•
6 Va
Minneapolis & St Louis Ry—No par
Minn St P & SS M A vtc—No par
69%
16%
*1071/2
110
8%
3%
35/a
44%
*108 %
Midland
120
17%
3%
w
Co—
Mid-Continent
200
>44%
16%
17%
1,500
403/4
160
*66
44%
253/4
12%
12%
11%
34%
69%
Miami
8% Feb 20
34% July 17
Metropolitan Edison 3.90% pfd—100
1,300
9
23% Jan
No par
No par
No par
1
1
50
No par
5
preferred
1st
Aug
1.76% Jan
No par
Co
Min Trans
27/8
27
Mfg.
Machine
Mesta
4
4
100
10
(The)
Co
conv
73/8
*40
159%
159%
*66
5%
Merch &
340
109
V
*158
3%
116
*25%
26%
693/4
10%
9%
*114
116
41
443/a
110-.
*108%
•-Z;
i,800
73/8
27%
41
109"%
109%
109%
263A
41%
17
41
73/4
109%
*107
109 %
'ft
3%
45
443/4
44%
*109
17
*3%
100
109
109
27
*66
320
Jan
9% Mar 26
-18
Shoe Corp
Mengel
3,200
39
*40 %
8
7%
160
*158
40 5
1083/4
7%
*73/4.
693/4
16%
3%
109
109
:
159
158
158
40%
213/4
66V2
2%
40
1
$5.50 pfd ser B w
Melville
5% July 13
2
:
—.
series A
$6 preferred
2
25
—
McQuay-Norris
16
24%
19% Jan
Co
Stores
preferred
Feb
Feb
30% Jan
Inc
-
Mead Corp
ft
500
37%
*36%
39
5%
10
103%
66%
22
66%
*36%
405/8
40%
413/4
1083/4
26%
30
21%
213/4
66
67'A
371/2
7%
40
25%
A
*40%
7%
26%
40
•114
-
108%
'
200
1,400
37%
373/4
*37%
22%
21%
66
41%
237/e
103%
-
ft
15 Va
105%
38%
McLellan
800
105%
15
15
105%
& Robbins
$4 preferred
17%
*22%
23%
14%
*104%
65%
108%
23
-
McKesson
Dec
10%
18%
1
Mclntyre Porcupine Mines
113
*111
105%
*37%
21%
'
15
15
1,200
8,700
107
17%
17%-
*104%
'A/
38%
38 %
24
*23%
15
104
29%
113
*111
113
*111
113
17%
173/a
17%
17%
57/4
29%
57%
*1043/4
107
*104
107
*104
107
*104
'
10%
Apr
3
16% July
No par
i
Jun
29 % Jun. 13
21% Jan
100
McGraw-Hill Pub Co
6%
391
17
27% Jan
-
Jan
20
par
—
McGraw Elec Co.
22%
"
107% Jun
3
315
6
13
Jan
18
preferred ww
conv
*323/8
15
*107%
5%
*213/4
*103
44
McCrpry Stores Corp
112
22
14%
158
23%
%
:
July
Jan
16
—
32%
24
*68
23%
*1103/4
112
McCall Corp
1,100
1,500
r.
22
104 %
7%
:
233/4
23%
*1103%
40
38%
$6 1st cum preferred—
32%
113
40%
39
*38%
38%
39
23%
*110
112
112
450
7
Jun
Dec
7% Mar
ho par
No par
No par
Maytag Co
$3 preferred
10
112
Dec
108%
3% Jan
No par
*110%
17%
108
100
11%
*44 %
22%
100
5
preferred
22%
105%
*37%
21%
1,700
113/4
45%
*103
'
12 3/4
45%
11 3/4
$3.75
33
29%
14%
210
Jun
22
No
Wks
112
56%
*23
1,200
14%
18% Jan
preferred
*32%
ftft 22
*111
36%
106%
*441/4
22%
29 %
17%
36%
*105%
Oct
2
7% May
1
*110%
112
56%
*104
36%
*105%
19
22% Jan
15% Apr
Co
Alkali
Jan
109% Jun
May Department Stores
7%
Jun
14
14
No par
No par
Mathieson
106%
36
36
106
L)
1,300
24
195
12
22%
32%
22
353/i
Elec
Master
24
195
45
*38
22%
*32
1,200
:ft
-
*190
24%
*190
195
105%
35%
107
.*110
38
*110%
29
11%
112
38
42
*28%
45
45%
*00:
*415/8
29%
24 v«:
24%
241/4
*193
195
35%
35%
*110
42-..:
*28%
293/8
*28%
24%
*193
195
*44%
A:, '" 413%
'
24%
24%
24
30
*28%
30
*28%
*193
%
(Glenn
104
27
24
-
1
Martin-Parry Corp
Masonite Corp
38% May
1
Feb
3
Mar 28
100
Co—
27
26%
Martin
26%
X26% Aug
Mar
19
,
No par
—
Dec
17
I
prior pfd
Dec
Nov
48
16% Feb
5
100
& Co
preferred
30
148
Jan
34%
110
425
5
Corp
6%
Marshall Field
2,700
ft;
110%
*109%
Market St Ry
150
17%
25%
Midland
Marine
May 29
Apr 3b
36% May 29
22
Apr
Feb
135
59
24
par
•
Maracaibo Oil Exploration
2,800
8
No
155
2
31% Jan
1
Co
16
106% Jan
50
Bros
100
8%
8
•
Magma Copper
Mahoning Coal RR Co
28
9%
*27%
5%
5
8'/a
700
460
161/2
28
•
100
18%
18 %
16 5/8
28
No per ft
100
No par
10
*17%
17
25%
1
*109
16%
No par
Macy (R H) Co Inc
4 % % pfd series A
Madison Square Garden
200
18%
*420
9%
9%
9
9
*
460
*420
Mack Trucks Inc
1,700
*17%
18%
18 '/a
18%
460
16%
•
5
•
8
8'/a
17
25%
.-?t;
18%
18%
*420
28
5
4%
ftftfti 4%
ftftftft 8
•;
*17%
9
*27%
28
%
*27
18%
1,000
ft
1083/4
25%
33% May 31
3
Jan
47% Jan
147
—100-
36
35%
*108
108 %
16%
16%
16%
*15%
108%
*17%
460
ft
36 %
108%
28% Jan
-—10
Forbes—
preferred
52%
52%
52%
36
36'/a
36
6%
20
155
*153%
&
MacAndrews
33
*31
108 %
18%
18%
*420
460
*420
A:
17%
17%
18%
523/4
523/4
'>!».
53
36
109%
36
36
35%
155
*153%
155
52 3/8
52%
52%
"•107%
*31%
9% Jan
6
16 % Jun
27
4Va
Jan
10%
Oct
May
97% Mar 27
106
Jun
16
72
Jan
Jan
8
31
Jun
21
20
Aug
X82% Feb
15
100 % May 28
70
May
109% Jun
21
115
4
110
Nov
13
Jan
5
19% Jun
20
8%
Jan
53
Jan
5
58% Jun
30
43%
Jan
22
Jan
1Q,0
Dec
Oct
24% July
84
Nov
116%
Feb
14% Aug
Oct
53 Va
N
18%
19%
45%
45%
24%
24%
24
243/4
12%
13
19
*45%
183/4
18%
25
25%
25%
25%
25%
25%
25%
233%
24
23
23%
22%
231/8
23
23%
1,900
13%
13 A
13
13
12%
13
12%
13
6,400
■£> 13
123/4
12%
20
11%
Apr
35% Jan
23
54
Jun
21
28
Jan
41%
Dec
20% Jan
2
27
Jun
26
13"% Jan
20 %
Dec
16 % Mar 27
29
Jun
28
18
Dec
19%
Dec
16
Jun
25
9
Jan
13% July
15% Jun
25
10% Nov
13% July
15% Dec
5
Louis—100
1
1
National Airlines
-1
Nat Automotive Fibres Inc
1
National
700
"
25
15% Jan
Chatt & St.
Nashville
70
45
♦44 %
Nash-Kelvinator Corp
16,300
6%
3,000
Co
Acme
conv
preferred
12%
12%
123/4
18%
18%
18%
18%
18 i/s
18%
*17%
18%
17 %
18
1,700
National
Aviation
25
25%
25 Va
253/8
25%'-
253/8
25
25%
25
25%
4,500
National
Biscuit Co—
*186
1873/4
187 3/4
*186
1873/4
1873A
100
13
13
12%
*186
*21%
12%
*186
1873/4
22
14%
14%
14%
34%
*34%
14%
14%
14%
345/8
34%
345/a
143/4
15
15
15
14%
143/4
39%
16
*41
15%
103
*1023/4
103%
243/4
25%
25%
14%
1,200
30%
400
12%
*11%
121/s
*11%
41
16
103
40%
39%
40%
413/4
41
41
41%
42%
1,000
16
15%
16%
16
16%
•3,500
103V2
*102
*102
:
26%
183 %
*158
*183%
184
184
161
1823/4
*157%
162
*158
16%
16%
25%
25%
34%
34%'
10%
11%
73%
73%
24
16%
25%
16%
-
103%
263/4
184
*183%
*16s/e
*25 Va
35%
,
35%
11
113/8
10%
73%
733/4
A" 733/4
74
*73
11%
73%
24
24
24%
*23%
24
23
15%
15%
15%
15%
15%
153/a
27%
27%
27 %
273/4
27 Va
271/8
225/8
23%
15%
27%
10,1
101
101
100
100
101
102
:
10
-
25 ft;
35
:
11
'
101
100
101
*101%
101
102%
102
102
18%
18%
18 3%
18
18%
1,000
:
73%
223/4
11%
11%
11%
1,100
1,100 f
15%
15%
3,100 1
27%
27%
870
100 %
100%
330
103
210
15%
15%
15%
153/4
ft 103
18%
13%
*18%
18%
800
11%
11%
11 %
11%
1,900
153/4
11 Ve
15%
*153/4
16
15%
15%
500
'
40%
*39%
*106
*393/i
*106
109
403A
109
•
*39%
*106
40
109
*39%
40%
109
*106
*393/4
*106
Nehi Corp—
No pa\
——
403/4
No pat
76%
104%
*107
76%
104 %
108 J/4
*76%
104%
*107
79
104%
108%
*76%
104%
*107
79
104%
108%'
32%
32%
33
33%
33%
34
23%
23%
23%
231/4
23%
235/8
18%
18%
18%
19
110%
110%
*110%
112
•
For footnotes
see
page
583.
19
*110%
19%
112
*76%
105
"
*107
795/8
305
108%
78%
200
104%
104%
410
*107
108%
10
1
Newport News Shin & Dry Dock—1
$5 conv pi eferred
No var
1,800
Newmont Mining
1,100
Newport Industries—.—
19%
19 Va
3,300
100
4
16
27
xl 1%
Feb
23% Aug
14% Dec
Jan
Corp
Jun
.
2
x32% May 18
26% Feb 28
19%
Jan
25%
22
13% Jan
24%
5
12% Mar 14
11%
Jan
12
44% Jun
30 %
Feb
37% May
26
Jan
9
Feb
11% May
35% Jan
22
44
37
Jan
2
13
Jan
4
102
Jan
5
Jun
19'A May
108
Jun
26
1
7
87%
20
Jan
Dec
Dec
Mar
37
Dec
14% July
104%
Dec
25 Va
Jun
Jan
2
7
19
Jan
177 Ve Jan
5
192
May
5
164
Feb
181
Dec
Feb
5,8
163
May
7
141
Jan
159
Dec
16% Jan
4
18
Feb
5
16
Dec
21
Jan
2
29
Jun
21
17%
Apr
22% July
23
Jun
33
Jan
4
37% Jun
28
28 Va
Apr
34
7% Jan
2
11% Jun
22
24
155
29 % May
Apr
6
3
27 Va Jun
Jan
6
5% Feb
577/a
77% July 11
22% Aug
65
15
30% Mar
79%
Feb
95
Dec
83%
Jan
98 y4
UiC
5Va
Jan
11% Nov
Mar
11% July
97% Jan
105
Jun
11
22% Mar
6
10% Ja'i
3
15% Mlir 26
Jan 22
4
32% July 26
18% Jan 25
105% J in
16% Jan
109
Jan
22
9
17% July
11% Feb
24% Nov
14
3
Dec
July
1
Jun
10%Jaii
Jun
7%
70
33% Mar 16
19% Jun
105
17
Feb
18
26% July 26
92 % Jan 15
3
23%
*110% •112
Sep
104 % Aug
34
19%
X10
4
23%
112
16% May 18
Jan
33%
18%
9
66
34%
*110%
34
(J J)
—No par
5% preferred series A
100
New Jersey Pr & Lt Co 4% pfd_100
Newberry Co
23%
Dec
Apr
serial preferred—100
23%
Apr
26
6
*33%
Dec
28
28
Ff b
'
78%
Dec
17%
8% Jan
17% Jan
103
conv
Dec
21
x36% Jun
30
4%%
109
24%
181
Feb
2
1
Nelsner Bros Inc
18
21% Jan
10
Natomas Co-
26
24% Jan
4
1—No par
National Steel Corp_.
—25
National Sugar Ref Co_:
No par
/National Supply (The) Pa
—10
$2 conv preferred——;
—40
ftft 5 % % prior conv preferred—100
:
6%
prior preferred.:
-100
Co
24
24 % Jun
Mar
6
13
National Power & Lt
Tea
Apr
165
192
23
Jan
20% May
9
.May
12% Mar
preferred
—
10
Products—-—No par
Nat Enam & Stamning
No par
National Gypsum Co———
1
$4.50 conv preferred
No par
National Lead Co
10
7% preferred A
—100
6% preferred B—
1
100
National Linen Service Corp
1
Nat Mall & Si'l Cast Co
No par
National
9%
22% Jun 27
26
17% July
13% Jan
National Oil Products Co
200
38,100
11%
18 3/s
11%
;
j
200
16%
,
G is Co
Nat Dairy Products
National Dept Stores
24
7
31% Apr
—
4
'
101
162
25
10%
27%
184
*34
11%
15%
A
50
*165/8
16%
73%
io3A
5,100
*158
35
*34
r
10
26 3/4
*183%
25%
25
26%
*34
184
103%
26%
263/4
160
160
16%
*34
"
26%
162
ft *165/b'
25%
*102
20% Jan
Nat Distillers
3,000
40%
15%
13% Jan
23% Mar 26
182
Jan
5
6%
12%
40
42
!
6,200
22%
*41
40%
26
National Cylinder
145/s
*11%
41ft ft,
National Container
29%
12%
39%
1,200
*213/4
*11%
L
Register
14%
30%
145/s
10
5
10
No par
10
No par
—1
1
No par
No par
Corp
Can Corp
14%
221/4
12%
Share
1,600
29%
14%
&
34%
*21 %
*21%
15%
Nat Cash
22%
223/4
39%
National
14 5/8
29%
22%
Bond
33%
.
30%
143/4
29%
22%
41
Nat
9% Mar 26
11% Mar 21
1——100
preferred
2,300
14%
14 5/8
7%
800
:
14%
14%
29%
22
*11%
5-
'
30
15
29%
*14%
22
*21%
22
345/a
35%
14%
22
22
14%
34
22
14%
22
21%
187 3/4
—
Corp
22% May
12 Va Feb
24
18% Apr
9
18
X43
13%
12
81% Jun
7
110
Jan 26
108% Apr 28
Jan
18% July
Dec
22
Jan
32%
96%
Jan
105 Va
56
Jan
68
N)V
106% Deo
110
Jan
May 29
108 % Mar
Oct
Deo
•••
Dec
106
27%
Apr
35
Dec
28
23
16 V*
Apr
22
July.
26
13
Jan
18%
110 % July 18
97
Jan
39% Feb
28
Jun
19% Jun
j
109
>
Dec
Dec
LOW
July 30
July 28
S
I per than
26'/a
58
*127
130
128%
18%
41'A
120
*24%
*52
.55
WZ1
197
197
:-x:
104
.104%
; 18%
18%
*18 %
18%
*18%
41%
*40%
41%
40%
40%
104%
104
*119
243
245
245
119
*118
245
c
*119
'
122
25%
25%
25'A
25%
25 Va
25%
25%
25%
25
55%
55%
55%
56
56
*55%
56%
56
56
*57%
58 Va
59
59
59
*58
58%
58%
58 %
11%
109
12
*108%
11%
28
27%
28%
111
*110%
111%
*110%
111%
38%
37%
37%
37%
37%
37%
37%
2,200
*50%
51
51
51
51
51%
*50%
51 Va
*10%
11
10%
10%
10%
10%
10%
10%
*52
55
*52
55
13%
*13%
13%
Northwest
I 10%
54
*52
13%
*13%
13%
Edison
on
116%
Jun
122%
Dec
19%
Dec
15%
Jan
23
52
J an
56
Oct
53% Jan
16
59
51%
Jun
54%
Dec
9 % Jan
20
14'A July
7%
Jun
11%
105% Jan
9
110% Jun
26
100
Jan
17% Jan
31
35% Jun
26
xl3%
Jan
22 %
Dec
112
Jan
115%
Apr
110
July
July 31
2
116% Mar
6
3
47% Jun
28
17%
Jan
31 Va
46
52
Jan
11
37% Feb
50 Va
Apr
6% Jan
No par
Oct
Dec
106
26% Mar 27
50
50
11
12% Jan
100
107% Jan
Dec
Dec
1
4%
Jan
7
Jun
16
40%
Jan
53
Oct
3
14% Jun
18
12% May
16
Jan
12
111% M«tr
7
109
Dec
20 % Feb
28
11'/a Jun
2
55
Mar 17
2.50
Norwich Pharmacal Co
Ohio
Dec
2
Mar
28
50
100
218
58% Feb
Telegraph
400
Jan
Jan
50
100
Norwalk Tire & Rubber
54
*13%
%v: 47 Va Sep
33%
193 %
26% Jun
Preferred
*52
Dec
23%
14% Jan
44% Feb 21
Jun 21
6
No par
700
■
198% Jun
2
;
Airlines
Northwestern
Dec
44%
Jan
Jan
129
24% Mar 14
18% July 18
$5 pfd_No par
Northern States Pow
110
51%
30%
9
July U
•
19% Jan
Northern Pacific Ry
70
38
13%
v
July
,
53% Jan
Northern Central Ry Co
80
Dec
Dec
*,;■18% July
50
50
North American Aviation
14,800
Dec
29%
y
_1
preferred series—
5%% preferred series—
6,900
28%
Dec
35%
—10
1
6%
200
27%
"55
July 26
104
1
pfd
non-cum
23%
118
105% July 23
Light 3.90% pfd__100
North American Co
700
110%
13%
200
124
37 Va
*52
57
Mar 26
1
28 Ye
13%
Mar 26
162
118% Aug
109%
*10 %
41
W
par
—
—100
28
*50%
No par
251
110%
28 Va
Jan
2
37%
111
Jan
11%
20T
27%
27%
24%
37% Jan
219
Jan
110%
111
8
SMpbldg Corp part stk
*109
111
*109
111
11%
11%
11%
11%
11%
109
11%
12
109
109
*57%
39% Jan
25% Jun 23
Power &
Adjust 4%
v-
Jan
2
N Y
10,600
25%
55 %
62
2
Noblitt-Sparks Industries—
a
Norfolk & Western Ry
——100
100
i'
Jan
Jan
N Y
560
•
Jun
148
50 Va Aug
19% Jan
„
17
N Y & Harlem RR Co
10
380
,:v
•
248
122
245
118%
245
23
400
18%
*41
103% Jan
15
16
400
104%
104%
18%
26
75% Jun
Apr
15%
15
32% Jun
22
Mar 22
28% Jan
No
preferred
$5 non-cum
300
J
Dock——
York
New
26%
26%
55
35%
51% Feb
22
Jan
45
—100
Highest
$ per share
f per share
32
-No par
6%. preferred series A—100
N Y City Omnibus Corp—No par
2,700
31%,
*31 Va
197
*52
120
242%
244
120
■■i
194%
*24%
>'
55
197
I per share
21% Jan
No par
Central__
N Y Chic & 8t. Louis Co-
500
130
Air Brake
York
New
26,600
700
41%
*
*40%
*128%
\
60
*58%
31%
31%
26%
!;
*51
104
104
18%
242
*25
*194%
20%
128
127
31%
31%
•
59
58%
128
127
54
104
18%
41 %'
58%
;v58%
Highest
f per share
Par i
New York
900
47
26
197
*193%
197
104
47
26%
26%
54
54
45%
25%
128%
*24%
26%
*24
'
45
26%
31% -.31%
31% ,31%
*193%
46%
26
59
59
59
46%
26%
26%
:V.\ %
Shares
I per share
Lowest
Lowest
exchange
the Week
Aug. 3
Aug. 2
I per snare
Range for Previous
'
.;-;v
Year 1944
,
Range Since January 1
new toxck stock
for
•
46
;
46
45%
26%
45 %
Sales
Friday
Thursday
t per snare
$ per share
Share
per
stocks
HIGH SALE PRICES
Wednesday
July 31
Aug. 1
AND
T"esday
Monday
saturday
Monday, August 6, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
July
O
108%
108%
*107%
17'A
17 Va
25%
108
~
13'/a
13 Va
117Va
1177/a
18'A
1067a
18 Vt
13%
18%
*23%
*75
76
*75
*61'/a
63
14%
14%
14'A
14%
25%
107%
—No par
4%% convertible preferred
100
Omnibus Corp (The)
6
8% conv preferred A
100
Oppenheim Collins
10
107%
107%
13%
2,000
117%
118
25%
*161
'
163
*161
V
*75
/.76-.V/ %
7
61%
77
■
77
*75
'
<
'
Yv.?:\
61%
1,200
14%
500
13%
90
Pacific
63
30
1st
*14%
14%
*14%
13%
64%
A- 13%
13%
*13
64%
63
*62%
63%
63%
*62%
28%
28
28
*28
28%
28%
29%
28%
29
39%
40 >/a
40
40%
40
40%
40%
40%
40%
40%
*52%
52%
52%
52%
53
53
52%
52%
52%
*62
53
132%
133
*51%
53%
52%
53
*132
52
52
131%
>
133%
173%
*171%
*132
*171%
V 172%
8%
8%
8%
8%
8%
8%
*20%
20%
20%
20%
*20%
20%
6%
7%
7%
18 '/a
18%
173
8%
*20%
7%
7%
7%
18
18%
18
7va
18%
18
20%
20%
7 Va
7%
108,800
18 Va
18%
52,000
15 %
600
14%
14%
14%
14%
15'A
*14%
15'A
31%
31%
32
31%
31%
31%
31%
5%
6 Va
6%
6%
63%
63%
5%
5%
5%
*
*109%
5%
*109%
109 %
38%
38%
;•
30%
38%
38
38
2%
2%
2%
30%
30 %
2%
30%
24
8%
8%
19%
119
119%
34%
34%
13
38
21%
21%
-
21
Va
21%
Penn-Central
1.900
Penn
17%
21 Va
21%
99
112 Va
25%
112
25%
*116
14 »/8
1%
11
*65%
26%
27
120
13%
21%
26%
27
-
*8%
10%
65%
25%
*27
*107%
26%
27
33%
108
38%
38%
600
32%
32%
500
85
85
300
17%
100
Peoria
33%
*104
21%
33%
108
217/a
33%
21%
"106
■
14 VB
rl'/a
99
29%
109
8%;
10%
21%
*97%
99
28%
*27
*107%
-V
109
8%
8%
11
y
*21 Va
11
21%
97%
*97
97%
*27%
*107%
109
27%
28
5%
108
s
107 %
Pet
100
8%
8%
8%
10%
10%
700
*21'/a
21 %'
*21
Pfizer
26% '
26%
26%
27
26%
27
65%
64%
65%
65%
65%
65%
65%
280
111%
111%
30
112
25%
112
112
25%
25%
*111%
25
112
25%
27
27%
27%
27%
27%
120
*116%
119%
*116%
119 Va
14'/a
14%
14%
15 Va
14%
25 Va
27 Va
119
15'a
25 Va
$6
—
No
com
Rights
24,800
34
34
34
34%
33%
34
34%
34%
2,100
"hilco
53'A
59
59%
59%
bOVa
59%
60
60
61
3,000
Philip Morris & Co Ltd
*108%
111%
*109
111'/a
*108%
110
18%
18
*112
49%
49%
♦14Va
*14%
16
31
31
49%
*30 Va
18'a
115
50 Va
16
31%
109
109
18%
*18
115
*112
49 v4
14%
*30 Va
49%
14%
31%
18%
18%
113%
112%
x48%
*14%
31%
49
*107%
*17%
113
48%
15
*14%
31%
*30%
100
300
Pillsbury
106
106
*105%
106
106
106
*115
135
*115
135
*115
135
*115
135
8%
8%
93%
93%
*18%
*195
18%
6%
73%
8%
8%
95
95
18%
18%
201
*201
8%
6%
*6%
6%
*6%
6%
73'a
6%
72
*72 %
73%
72%
72 Va
8%
*8%
8%
8%
8%
18'a
18
206
96
*17%
99
18%
201%
201%
*201%
95%
*17%
207
*201%
7'/a
7%
7%
7%
7%
7%
7%
7%
7%
10%
10%
10 Va
10%
*10'a
10%
10%
10%
10 Va
*107
120
*107
59%
60%
85
85
*33
34
60 %
*ao
34
120
61
87%
34
14%
14%
*95
100
*95
u%
20%
21
21
*27%
29
*27
61'a
61%
87%
*85
33%
33 7/a
*196
*196
*195
120
*107
14%
100
21
28%
*107
61'a
*85
33
120
61%
87%
33
*196
13va
14'a
1o0
*95
20%
20%
28%
*27
96
18'a
$5 conv
80
207
7%10 Va
1%
30
86
86
60
*33
35
400,
480
*196
15
14 Va
15
96
96
96%
96%
20%
20%
28%
20%
*27
20 Va
6,600
-
-
20
1,800
Pond
28
Creek
16%
16%
17%
17%
17 Va
18
18
18
17 Va
17 Va
2,400
Poor &
20
20%
20%
20%
20%
20%
20
20%
20 Va
20 Va
4.400
*20
20%
**>0%
20%
*?0%
20%
*20 Va
20%
*20
20-%
63
*60
63
*60
63
*60
62
*60
62
No par
No par
Pocahontas
Co class b
Pressed
*59
58%
.
58%
58
58%
58
"
22%
58
22 Va
57%
22%
57%
57%
57 Va
4,700
Steel Car Co Inc
5% conv 1st preferred
5% conv 2d preferred—
Procter & Gamble_:
Pub Serv
22%
22%
22 va
22%
22%
8,700
105%
105%
105%
106%
105Va
105%
106
106%
106%
106%
470
$5
112%
i;2%
112%
112%
112
113 vt
111%
111 Va
110 v4
111%
550
6%
119%
119%
120
120
*119%
120%
119%
120
119%
13 9%
130
133%
*133%
134%
i'm
3 m
134%
134 %
210
,133%
For footnotes
see
133%
page
583.
22%
133%
23
No par
.
No par
1% preferred class b
100
5% preferred class a.
—100
5 % %
1st ser conv pr pfd
100
Pittsburgh & West Va
100
Pitts Young & Ash pfd
100
Pittston Co. (The)
———1
Preferred
100
Plymouth oh Co
5
120
61
-—10q
preferred..
Pittsburgh Steel Co
1,000
61
Chic Ry
Pitts Screw & Bolt-j
5.400
♦107
No par
1
100
preferred
Pittsburgh Forglngs Co
400
Pitts Ft Wayne &
14%
*27
c & St Louis rr
6%
*195
*195
7 %
.
1
5
50
No par
Corp of n j———No par
preferred
preferred
preferred
8%
nrpferred—.
Dec
163
7
12%
Sep
7% July
Feb
17%
3%
Jan
~8%
Feb
19%
r2%
Jan
5%
Dec
6% Aug
11
Jun
5
45
Jan
61
July
Jan
109
Dec
Jan
30
Dec
July 26
22
103
5
27
20
.
-
No par
;
100
—,
100
——joo,
23%
Feb
25
12
15%
Apr
20%
Dec
May 28
51%
Apr
59%
Dec
May 17
93% Feb
4%
113
Nov
Dec
Apr
24%
9va
Jan
17% July
8
Jun
21
2% Jan
91
Jun
20
37 Va
16
26% Mar 19
Feb
Mar
18
110% Mar
40% May 29
25 Va Mar
113
40
Apr
Jan
5
Aug
x70% Nov
18%
112
Dec
Jan
33%
Dec
29
39% Apr
19
21 %
jail
32
Dec
Jun
28
55
Jan
70 %
Dec
23% Jun
18
5'a
Jan
17%
Dec
Jan
2
22vs
Dec
26 Va
Dec
43% Jun
18
Jan
19va
Dec
117% Jun
11
10%
54%
Jan
96
Dec
116% Jun
25
33%
Jan
65%
88
"> 26
30
108
23% Mar
May 29
Mar 22
9% Feb
105 %
Oct
7
Sep
28
Dec
28 Va July
107 Va
Nov
9!a Jan
11% July 20
5
40%
Apr
71
Dec
29% Mar
1
20%
Feb
26%
Dec
08% July
3
49'a
Jun
597/e
Dec
114% July 10
88 Va
Jan
108%
Dec
25
28'a Apr 16
122
Apr 19
19
May
23% May
117
Apr
21va
Jan
26%
Oct
1197/e
Oct
24 Va
May
26% Jun
16
July 17
2% July 17
40
May
Aug
24%
7
61
Jan
37
July
3
113
Apr
21% Jun
6
8
Mar
Mar
6
20
May 23
32
11%
x98
8
55
120.
Feb
Jan
42 %
,
16% July
117
Nov
48% July
Apr
9
Sep
14 vt
July
July 10
23%
Feb
28
July
108% Feb
28
105 Va
Nov
108
Dec
8% Jan
2
5
Jan
~8*%
1
61
Jan
.92%
8% Mar 22
85 Va Jan 15
99
Aug
20
May
5
205% July
9
Mar
10'a Feb
15% Jan 31
Jan 2
4
8% Jan 2
99
Mar 10
49% Mar 27
68
Feb 20
21
Jan 2
198
Jun 9
12% Jan 19
74% Jan 27
190
9
6% Jan
Feb
10% Nov
2
68%
Feb
90
19
11%
Jan
17
Dec
6%%
Jan
171
Mar
Apr
190
183
4%
6%
Jan
Apr
Aug
67/a July
9% July
82
Sep
100%
26
45
Sep
61%
Jan
57% May
11% Jan
73
Dec
Jun
26
43% Jun
6
Jun
9
91
Nov
27
May 28
69% Jun
198
Dec
19
Apr
12% Jijn
105
Dec
7 va
j
—
17% May 22
175
.
8'/a
Nov
Dec
22% Aug
175"
Nov
Jan
14%
Oct
May
83%
Nov
Jun
11
69
25% Apr
30
16%
Sep
19% July
28% Jun
18
19 %
Jan
25
19% Jun
25
8%
Apt
13 Va
2lVa Jun
28
11%
Apr
18 %
Dec
21'a Jun
27
11% May
18%
Dec
Jun
27
35% May
52% May
55 Va
13%
18%
Dec
98
2
3
8% July
13 %
94
121 v4 Jan
Jun
2
July 13
71% July 27
102% Feb 16
106va Jan 30
110
Jan 4
Jan
23 Va
23
—
22
27
2
Dec
31% Aug
Apr
18 %
v
Jan 23
3
8
22
30
'
26%
28
38% July
2
17% Jan
2%
17% Jun
2
6
24% Jan
12% Jan
16% Jan
17% Jan
50% Jan
55
Mar
17
Jan
37% July
Sep
1% Apr
123
6
v
Dec
25
72
25
Jan 2
105% July 26
,
July
6% Jun
10% Jun
14% Jan1 20
preferred
Pitts Coke & Chemical Co—No par
1,600
96
*95
c
—:
Pittsburgh Coal of Pa
800
*195
*185
—
201
6%
73'a
74
Pitts
500
123%
24 % Mar
13% July 24
25
No par
100
100
:—100
Mills Inc
preferred
$4
60
Apr
Jan
27% Feb
25
Jan 2
118% July 10
5
Hoslerv
31%
106
6%
6%
73%:
Phillips Petroleum
3,300
15
*105%
135
*115
'
Dec
117%
149
1
23
33% May 17
111
Mar 29
44% Jan 2
—
preferred—-
Pnrenix
105%
105%
v
42%
3% Jun
5
2
3
5
100
(new)
preferred-
1%
20
Jan
34% Jun
Va July 23
31% Mar 27
56% July 24
107 Va Feb
6
Corp
Phillips Jones Corp.
300
19%
49
4%
100
110
113
Dec
25%
45 % Mar
5
9
No par
100
No par
33%
115
Jan
Apr
21 Va Jan
par
—-
.—
58%
18
Dec
48
Jan
71
Jan 23
Jan 25
106% Jan 2
preferreo
700
Phila & Read Coal & Iron w 1—1
29,300
35 Va
Jan
17%
4%
110
57
No par
preference com
$1
25%
Jan
39%
34% July 17
•v
25
preferred—50
No par
33 %
*110%
Aug
Jun
22% Mar
5
8
Jan
2
9% Jan 2
20VaJuly 6
25
Corp
Electric Co.
Jan
30
9% July 25
106% Jan
4.4%
10
1%
-
& Co Inc new
preferred
Phila
3,100
15%
America
Philadelphia Co 6%
8.400
27%
119
(Chas)
63
26
-100
__5
1
1
2nd preferred
Phelps-Dodge
5,800
27
-
100
Corp of
Jun
5
54% Jun
133
175
£1
July 27
19% Jan 2
92% Jan 19
:
No par
Pfeiffer Brewing Co
1,100
21%
i
30% Jan 18
69
Jan 6
14% Jan 23
100
1-100
nreferred
Petroleum
1,300
10%
33%c
Milk Co—
4%%
109
8%
10%
Dec
64
i
Dec
2
3
26
53% July
37VaMar28
100
Co
Mar
May
33% Jan
10
-—5
100
Co
Jan
112
100
50
Co
prior preferred
5%
900
27%
Ry
Pere Marquette Ry
1,700
99
Eastern
Pepsi-Cola
17,100
34
'
65%
*116%
Va
33
84%
21%
Jan
42% Jun
21% Jan
No par
No par
No par
Cement
32%
*16
Apr
48 Va
32 v2 Apr
2
10
12% Apr 13
4
Jan 2
62
Mar 26
19
Jan
3
1
10
preferred
&
59
106
No par
Corp.
84%
17%
Sep
13
Sep
39
July 11
6
*30%
*16
14 Va
Jan
67
26
Pennsylvania
10,400
37
Jan
8%
15% May 21
75%
30
*37%
:.<•
36%
10Va
_*
...
15va Mar 17
:
7% Jun
Glass Sand Corp
5%
*112
37
Feb
69% Apr
17% Mar
$7 conv oref ser a
/ Penn
Sep
55%
2
28% Jun
rr
Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc_
Peoples g l & Coke (Chic)
36%
-
37%
*104
21%
*112
37
*16%
107
11
21%
22% :
32%
*104
8%
8%
*10%
75
*21
157
3
7
b
Coke Corp
&
Penn-Dixie
200
*73%
22%
Coal
May
Jan
Feb
Jan
3
Mar 27
Jan
3
160% Jan
3
6
Mar 8
16% Jan 3
No par
Airlines
Dec
64
No par
(j c) Co
'Penney
1,100
6%
75
86%
:
6%
6%
.
*21
*112
37%
33
109
*107%
6%
13%
*73%
32%
33
29%
*27
6%
13%
13%
75
*84%
98
96
*13%
22%
36%
107
*105%
13Va
67
108
14% Dec
:/ 24% Aug
6
Corp—2'%
Ford
&
1,700
5,300
33
33%
33%
Penick
66%
34%
6%
18
*16
500
2,900
119%
13 Va
86
17%
8%
19%
*8
34%
32%
17%
Va
19%
8%
19%
*64%
38
32%
86
*23%
24%
118%
;
38
24%
300
34%
37
86
3,400
*64%
*112
33
2,200
119%
75
38
2%
30 %
19
67
*21
*85
2%
30 Va
34
7,:-:
*31
2%
30%
119
22%
36%
37
36%
2'%
147
7
Apr
5
Jan
Jan
18
Mar
—
34%
73%
*112
*112
300
38
Oct
11% July
28 Va Jun
79
5'a Jan
2
16% Mar 26
13% Jan 31
Panhandle East Pipe Line—No par
29 % Apr 26
Panhandle Prod. & Ref.———
1
j. 4% Mar 20
Paraffine Cos Inc
No par
56
Jan 16
4% conv preferred
—100
103% Jan 17
Paramount Pictures Inc
—1
27% Mar 26
Park & Tilford Inc ex-privilege-—1 /.
32% Jan 22
Park Utah Consolidated Mines—1
,
2% Jan 24
Parke Davis & Co
No par
29'a. Feb
1
Parker Rust Proof Co—
2.50
217b Jan
5
Parmelee Transportation
No par
6% Mar 8
Patino Mines & Enterprises
10
I8V4 Jan 22
119%
73%
22%
9.200
31%
Corp
Petrol & Transp
Pan-Amer
33%
*21 f.?-.
75
*21%
*37%
*8%
19%
*64%
35
13%
6%
6%
6%
*73%
38%
10
110
164% Jun
30
34'/a
48
38%
121%
1
10
Motor Car
Packard
Pan American Airways
119%
67
119%
34%
13%
12%
19
31 Va
*23%
8%
'
*64%
118%
24%'
8%
8%
19%
19
67
*64%
24
24
,
8%
; '18%
400
30 Va
30%
*24
31 Va
;
2%
30 y«
2%
30 VB
109 Va
30%
31 Va
10.700
6%
64
*62
*37%
31 Va
38%
31
i
6
2,300
32
31%
♦109%
31
30%
*23%
62
62
63
*62
63
63
*14'a
.
preferred
Pacific Western Oil
200
7'A
18'A
26
45% Mar 9
24
Jan 24
Pacific Tin Consol'd Corp
15.800
Jan
58
100
100
108 Va
Apr
Aug
8% Jan
16
74
No par
Oct
Dec
105
22
287a Feb
23
v 13% Jan
2
11% Jan 20
& Teleg-
28%
99 Va
Jun
2
22 Va Jan
No par
20 Va Mar
.July 31
4
8
10
Mills
Telep
6%
160
8%
20%
Pacific
Pacific
„
118
Sep
Nov
8%
22
<
Nov
15%
23%
5
16% Mar
Jan
155
25
104%
V
113% Mar 14
13% Jan
No par
No par
& Electric
Gas
8
23% Jan
107
par,
Co
Pacific Lighting Corp
80
171%
111
8 %
13%
.
1,100
8%
31%
.
52%
133%
173%
171%
*171
52%
*132'a
Pacific
:
700
52
133
133
Coast
preferred non-cum
preferred non-cum
2nd
4,100
52%
2
12.50
Co
Pacific Amer Fisheries Inc
160
•';
No
Glass
Owens-IUlnols
61%
14%
Mfg
Co
Outlet
•
61%
13%
3
11 Va Jan
30% May
24
106% Jan
100
2.50
-
Marine &
Outboard
61%
*61%
.
preferred
6%
50
'
24 Va
*23%
24 Va
Mar 27
24% Jan
No par
Otis Elevator
4,400
25%
25%
257a
163
*23%
*27%
•
.
400
18%
"
14%
,
150
117%:-';.,.:
18%
18%
17
No pur
Co
Oliver Corp.
l.tUU
13%
13
*17%
247A
61%
14%
*13%
.
onto
1,600
117
is
19
25%
162 'VV
*75
61%
14%
*13%
25
*23%
61'A
6.100
26 Va
'
r
162
24%
76
24%
17%
25%
13
13'A
*18%
163
*24
17 Va
107%
■
118
118
18%
25 Va
25
*161
163
/ 107%
13 %
13%
118
118
25%
25%
*161
107
107%
*108%
17%
17
"
25%
25%
26%
26
26
*107%
pfd
Co 4.40%
109%
25%
17'A
17%
17 VB
*108%
109%
17Va
110
*108%
110
j
65
62% Jun
4
Jun
21
26
109% May
xll7
Jun
2
14
Jan
59
Mav
Dec
Dec
July
87 %
Jan
18%
Dec
96
Jan
109%
Oct
Jan
113% Nov
Jan
122%
123 Va May
9
104%
138% msv
3
113%
RECORD
NEW YORK STOCK
LOW
f
;
j
v
July 38
S
t per share
« per
share
per
19 %
18%
19%
110%
11033
11032
108%
1087a
108%
108%
.
3,400
52*4
19%
111%
12,400
♦111 3*2
109
26%
1.000
19%
19%
111%
18%
•111 A
■11018-111%
50
114%
52
52%
52
600
25%
26
.109
26%
*16%
17
*16%
17
400
13'/a
123/a
13
12%
13
39.200
86 VB
86
863/a
103
109
108%
25
25%
25'/a
25%
25%
25%
16%
16%
16%
16Ya
17
17
12%
12%
12%
12%
121/2
86 y4
86%
86 %
■86%
109
■
1,500
t
Par
Shares
share
per
♦114
114%
114%
19%
19
18%
110%
S
* per share
52%
52
52
V
.
114"%
♦114
115%
•51 %
51 lA "' 52
share
x per
share
115%
115*4
•114
"
■
oer
Lowest
No par
118
Jan
20
Pullman Inc
No par
47 y4 Jan
22
55
Jun
26
37 ya
No par
17
24
21
Mar
7
14%
115% Apr
109% July
9
109%
5
103
(The)
Oil
Pure
5
conv
106
May
4
Feb
Jan
52% July
Sep
18
Mar
Jan
115% Nov
Jan
108%
Dec
Jan
19%
24Ya
Oct
3
27
Feb
15% Jan 22
18
Feb 16
10y4Jan
2
8%
Apr
12
15
13% Jun
87% Jun
18
78% Jan
28
69 Va
Jan
80%
Jun
25
7%
Apr
10Ya July
2
101% Juri
26
85 Ya
Jan
107%
July 18
104% Jun
26
28%
Jan
33%
23% Jan
No par
!•
Oil Ref Corp
Quaker State
110% July 17
100
100
preferred
preferred
Purity Bakeries Corp.p%
Jan
share
119%
113% NOV
Pub Ser El & Gas pfd $5
113% July 17
Highest
< per
I per share
t per share
share
1944
Year
Range Since January 1
Lowest
Highest
STOCK
YORK
EXCHANGE
the Week
Aug. 3
Aug. 3
NEW
Sales for
Friday
Thursday
Aug. 1
July 31
July 30
,
Range for Previous
STOCKS
HIGH SALE PRICES
Wednesday
AND
Tuesday
Monday
Saturday
,
581
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4409
Volume 162
8
16Y4 Aug
12% Jan
R
*86
8%
8%
8y4
98
971/2
36
36%
351/2
35%
35%
19
19 y8
18 Ya
19%
18Ys
185/a
35 Y4
353/4
24
353/4
35%
36
'23%
23%.
23
23»/a
353/4
23%
*46
,
t-
*41% :• 42
19 Ye
%?.:*42
197/a
*116
70
70
:
: 900
j
600
431/4
195/a
19-%
; 300
:
120
*118
123
*117
363/8
70
'70
22%
*323/4
*21 Ya
*323/4
25%
26
*100%
101%
101%
22%
'33 3/4
102
26
25%
:•
34
*213/a
333/4
*21%
71
*70'/a
.
Y;7
25 Ya
26
102
■21%
,21%
213/4
10%
•107/a 7
10%
'231/4
22%
11%
r.
22%
23%
22%
•23 %
f.
/ 223/4
'
*109
:v
..
5,300
20,200
15%
77. :77~~
19%
17
17 -7
33%
33%
38*4
38 %
19
19
33%
33'/a
7
39
.':•,
191/4'
21%
Y
11%
23%
23%
23%
36
36
36
36
*36
19%
19%
18%
19%
*19
43%
44%
44%
45
*45
20
20%
20
20%
109
*107
50
50
•49'
•110
' 112
*110
100
> 113
•111
Reo
Richfield
22
7
6.Y4
:
.
r'
7/
100
7
1,700
v
Roan
*36%
183/4
187/a
1,200
37
400
V.77:
45
45
1,800
St
2C%
20
20%
6.000
57%
3.600
112
111%
113
111%
18
Feb
24
Dec
22
14%
Apr
23 Y4
99% Jan
5
1
15% Jan
3
25%
800
8%
8%
8%
300
119%
119%
120%
3,900
20 y8
2,200
Servel
*112%
20'/a
*112%
*89%
90%
89
13%
8%
:
8*/4
1,300
21%
900
13%
13%
13%
82
15%
15%
'7 15%
15%
•
60
60
60%
60%
•
26%
26%
28%
27
6% .7
77 36 - "
36%
36%
7
*15%
16
*60
800
15%
15%
15%
•62%
*60%
62%
70
27*/4
2.300
15%
62%
82
*78
82
*78
1,500
13%
•
*78
80
50
90
90
90
*89%
82
8%
21%
•
6%
■
♦33%
'.*33%
47%
16'
16
X47
47
-16
i 16
24
'•'--'v*23 %'
*23% '■•-•24
64%
*63
30%
30
15%
:
;
*63%
-
15 Ya
'
•29%
15%
15%
77 4%
; 4%
•
V
*33%
-
15%
-46'/#
46%
46%
461/#
^16
•15
20%
20%
21V*
46%
47%
*47%
473/4
'
20
20
30%
30%
20
•
20
19%
20
48%
48%
45%
45%..
49%
45 Ya
48%
45%
45%
73V4
73%
74% 7
74%
75
48%
49
7
:
50
.
Smith
5.UO0
7%
7%
7Ya
7
♦11
*80
87
•
*34%
36
:
65%
*64%
53
*52%: 53%
34%
.
303/a
:
67
42
7
•'.
:
300
36
-*35%
14 Ya
90
89 Ya
90
:
*893/a
-
66
*110
*
66
*107*/a
36
:
108 %
27 % May
38%
Dec
110% Jan
115%
Dec
Dec
Jan
46% May
23
19% July 27
23% Apr
5
17
115% Mar
9
12% Jun
28
7
Jan
0%
68% Jun
8% Mar 27
26
30
Sep
39 Y4
23
105
Jan
109 %
Dec
37% Mar
45 Ya
Nov
38% Jan
2
Xl05% Jun
22
111
x42 % Feb
23
52
Feb
July 23
109
Feb
115
NOV
108
Jan
110
Jam
1
113
Aug
2
19
28
Feb
19
20%
Sep
Mar
8
9
Jun
16
2%
Jan
99% Mar
9
108 % May
Jun
7
,
84
122% May 28
17% Mar 26
1
111% Jun
1
No par
—1
22% May
114
15
7
Jun
Jun
1
i6% Jan
22
8
10% Feb
15% Jun
11%
1
61%
Dec
28 y3
Apr
7Ya
Dec
35 Va
Sep
3
8% Jan. 17
'
41% Apr 23
36
Jun
:
24% Apr
23
12
7
;
Sep
Square D Co.
400
Squibb (E R) & Sons.
$5 pref series A
$4.25 preferred
$4.50
Jan
6
13% Apr
18 %, Jan
22
Jan
23%
26
29%
Feb
64%, Dec
23
Apr
31%
12
Jan
Feb
Mar
22.
:
7
,
,
x51% Jun
Jan
20
21
Jun
6
31
57% Jun
26
32% Jan
22
52% Jun
26
64% Jan
22 :
81% Jun
26
Jan
Jan
13%
20
Dec
De-i
162
Apr
23%
•
July
45%
22%
July 16
Det
26 Ya
Oct
Jan
17%
Aup
Jan
43%
Dee
>Jan
34 Ya
Dec
40%
Jan
69
Deo
89% July 18
54
Jan
82%
Dec
12
NOV
13%
Dec
6% Mar 27
15% May 9
8% Jun 15
7% Jan
15% Mar
80% Jan
V
5
11% Jan
24
>
■
,.
Dec
21Y4
141
178%'July 24
.
5 y4
Dec
28%
14
Jun
14% July
3% Jan
20%
23% Mar 19
38% Jan
2
80
Feb
32
47% Jan
50
Feb
75
Dec
May
35
Dec
56
July 23
76% Jan
Jan
28
8
22 Ya May
May
;
29% Nov
36% Jan
20
72% May 29
12% Mar 27
•
5%
1
7% Aug
9
Jun,
55
Jun
36
12.
>
4% Jan
87% Apr 25
2
24
,
:
38% May
Mar 27
27% Jan
No par
preferred
Dec
5
19% Mar
32
(The)
1
Splcer Mfg Co
No par
$2 preference series "A"—No par
Conv
16
42%
:
•: 24% Jun
2
•
;
31%, Dec
Feb
35
,
7
,
Apr
10%
17% Mar
•i 54% Mar
4
*
Oct
Jan
Sep
May
26% Jan
—2
15 Y4
20%
20
No par
—
76%
48%
Apr
Sperry Corp
Spiegel Inc.
14YaiWar
Obte,.
Jan
Jan
9%
3
35
17
Sep
72 '
8
77
155
78% July
67% Jan
2
40% Apr
Dec
9
18% July
Jan
28% May
13% Jan
■■7
Spalding (A G) & Bros Inc—
1
Sparks Withlngton—
No par
Spear & Co.
1
$5.5J preferred——
No par
Spencer Kellogg & Sons
July
May
63%
78% Mar 10
29% July 27
100
100
tr ctfs
stk
Ohio
Dec
24 Ya
Dec
13
3
May 16
18% May 29
•
No par
Railway
preferred
106 Ya
Feb
14
23% July
95
25
7.50
non-cum
Feb
V 16%
27
No par
Edison
25% May
8% Dec
'
No par
Gas Co—
Dec
13
114% Jun
111% May 16
23
Southern Pacific Co
200
*40%
♦110%
6%.
115
.
66
•■•■
v'-
36%
37%
37 Va
*
"•
•
20%
: 119
.
20
59%
-
:•
:.
■:
20
42%
37%
59%
37%:
*
13%
.35%
35%
35' '
35%
18%
18%
13%
v
■
16
131/2
13%
'<
16
35%;
: *34.%'
'
■
20%
20
35%
36
.
13 Va
13%
-
i6%;
7
20
v
20 y8
'
20%
:
■■
20%
v
13%
48
Sep
Jan
1~3~%
Dec
Feb
79 Y4 NOV
2
6
17% May 29
92% May
9
50%
7
;•
37%
20
7.400
60%
37,%
59%
16,200
20%
:
'
,
120
r
13% ;
f
34% '
--'■34%
"34%
V
16%
16
16,';
-
*20%
20%
V *20%
20%
-
:
13%
125%
*123
6*%
*
13%
25%;
*57
59
♦58%
13%
24 7%
*123
6
59
;
:
,
*124%
:
:!
-
*124%
125%.
"•
6*/a
6
12%
.12%
12%
24
24%
*97
102
:
.12%
.
24%
: 28%
28%
*28%
29%'
*34
34%
*34
34%'.
*34
34%
*33
34
J
33
.
12%
.24%
28%
.
125%
12%
24
*100
29
-
*34
.
102
29
34%
13%
r
X
24%
*12-1%' 125%
6 y4
7,000
12%
2,300
23%
2,700
100
'
28%
*34
100
28%
-
100
800
34%
■
page
583.
33%
33%
34
33%
36 %
3,400
16
33%
116
16
40%
34%
25
28
31
Sep
Sep
56
Jan
24
66ya Jun
25
50% Sep
20
July 27
74
Feb
27
39% Jun
118% Jan
(The) L 8.
No par
—1
cum) ——100
....————1
—.100
Co..—
Superheater Co (The).
-No par
Superior Oil of Calif......——25
Superior Steel Corp——:—.—100
Sutherland Paper Co——
;—10
Sweets Co of Amer (The)
^12%
34
14% Jun
,16
Aug
10% Jan
2
*•
>10% Jan 24
18% Jan
!
f
4
123% July 18
6
11%
9%
15%
Feb
7%
15% Jun
9
10
Mar
9
.'
15% Jun
21
Mar 26
T
27% Jun
11
122% Apr 30
79
Jan
3
25
Jan
22
31% Mar
11\
35
Apr
_
17% Jan
2
-
13%
.-•
4
127% Mar 24
23
31
Dec
'
Dec; :
17% July
Apr
6
13
7% Jan
Mar 27
•: 37%,
Feb
20% July
54
64% May 12
.
■
11 Y« July
18
>29% May
2
57% Jan
Jan
28% Jan
21% Apr 30
19', Jun 26
2
18% Jan
•
22
11?
Sep
6%
25
38% Jun
2
Jan
110%
.•
26
39% Jun
-34% July 26
Sterling Drug Inc tnew)——5
Corp
—-5
No par
23% Apr 18
Feb 13
137
24
9% Jan 22
Sep
4% July *
%| Dec
85% Dec
39%i July
34%f Jan
58%j July-
Feb
>
45% Jun
•
Sunray OH Corp
Sunshine Mining
Jun
96
109% Jun
Sun Oil Co.
23%
33%, July
Jan
2% Nov,
2
Studebaker Corp (The)——.
'12%
110
1
14
2
—10
preferred.....^..——100
-L
(4%
4
8% Jun
23
Standard Oil of New Jersey-j.—25
Class A'pfd
Dec
33% Jan
Standard Oil of Indiana..
.
113
27% Dec
38% Jan
9,500
,
Yaj Feb
July
78% Jan
Stokley-Van Camp Inc.—
—
1
5% : prior 'preferred—20
Stone & Webster—w—No par
59 *
114% Mar
*
67% Jan 23
Stewart-Warner
"
33%
2
-
>
*56%
"6
6
6 1
'13%
24%
:
59
23%
29
/ 34%
'
24%
12%
•
102
*100
102
6Va
'
12% '
: 233/4
13% -13%
24%
*57%
59
*57%
125%:
'23%
*100
13%
24%
13%
24%
Deo
64
115
No par
Standard Oil of Calif
2,000
"
-
13%
:24%- ,25%
2
2% Jan
37% Jun
2
111% Jan
No par
No par
11,900
^ 400
900
115
Sep
111% Apr
108
May
5
Jan
28
Standard. Oil of Ohio—
'
38Ya; Dec
Jan
57
108% July 30
3,300
'
'
110
No par
—No par
preferred
$7 prior preferred
Stafrett Co
33% Jun
•
'
114% Mar 16
3,600
h
18%
113% Jan
107% July 27
Standard Steel Spring—..
35
May 25
:
6
107% May 28
Inc.
$6 prior
:4%%
8
72% Jun
3
No Par
11,300
300
"
7-7 is :
18% •18%
10,300
108
45% Apr 24
116% May
Jan
—No par
...
$4.50 preferred—.;
700
43
58
10
20
109% July
Standard G & E Co $4 pref—No par
400
99
::
;':„i3%-
35 •-•:
35
16
87% :
v
' *114-
:
-34%'
34-
•'
35%
•
;
T,
*
119
-
"
is y4 ;i8%
15% .16%
18%:
87
*98%
42%
■■•••
37%
7118%
.
*34% •36%:
35%
18%
•.
77:
59%
.20'A
20%
*
preferred
37% Jan
1
100
No par
No par
preferred.
Standard Brands,
300
3,300
•
*
37%
:.
.3,000
,
43 y
59%
120
*116
"
•
7'
93
'
'42%
60 %
.20%
119
*113
99
"
15%
115 7
:
36% ■7 36 ya
114 7 114 7
•
7 -•
36 %
-
$4
280
108 V*
108%
6% ■■•••■; 6%
87%
—87%'
98
98
42%
:
37%
59%
59% '
-
36
♦113%
115
7 6Ya ; • 7%.
87%
87%?
.
42% •42%
<7-59%
36%
36. .:
*113%
.
108%
-108%
108
"
98%
98
conv
—
108
•
7%,:
87%
*8G*/4
•87
20'
67%
*65
5%
111%
66
.
-• 100
.20
41%
111%
66%',66%
;;
: 36%
36
*113%
6%
42%
see
Feb
110% July 25
—100
42
*40%
i' 111%
.
108% f
115
*98
footnotes
23
No par
preferred
200
108% •:
108%
41%
For
Jan
37
—.10
—5
10O
5
3M>
South Porto Rico Sugar
883/4
-
30
14%
1
88
•
,
300
i'
-
21% May 18
24
3,200
*noy4
-
'42%
*41
111%;
*106%
•86"
\ 6
17% July 17
par
>5% Feb
147/a
.
34 7/a July
>48% Jan
52%
;
24% July
Jan
Typewrlter.NO: par
65 V2
':
Jan
2
303/a
•
Apr
Corp——s————10
&
Jun
9
5Va
17% Apr
Mobile
Dec
17%
1
July 16
2
5%
17 Ya
25
8% Mar
26
4% Mar 26
Southern
Oct
11% July
Jan
13
May 22
19 %
Feb
87/8
39% May 19
22
14 Ya
7.
Jan
10
15% Jan
65%
:
-
39% Nov
13
28
27
22% Jun
52%
15
67
3.200
May
26
Mar 26
33
5
30%
52%
145/a
42
*110%
108%
6%
;
;7
108%
•35%
"2
87
'
65%
-52%
.147/a
89% 7
108%
'
•113
I.
65%
.523/4
*65
;
'
89%
65%
108
j
*80
:
-
303/a
,-•■30%
*52%
,
15%
40%
•106%
■
;
147/a
111
•107V8
13'
30%
30 Vs
•
14%
65 %
*113
:
'
90%
40%
7
400
38
21% Jun
Jan
.
•110%
,
*11
11% "
87
65 %'
6,300
'
12%
30
73/4
12 Va
7Y4
.
35
29%
:'A
7Ya
35
29%
.
73/4
.
1,100
39% May 31
; 13% Feb
20% July 27
8%
Dee
15 %
Jan
1
1,500
15
*14%
*80
34%
14%'
7Ya
'
143/a
143/a
7Y4
*11
*80
.89
14%
Dec
100
28
22
Socony Vacuum Oil Co Inc
South Am Gold St Platinum
90-
*88%
90
*88%
'
12%
7' 12
88
34%
♦52%
•"
■
-
87
12
*80
•
'.
'
.90
14%
7%
*33
•11%
*88
15
14%
15
14%
1
90
*88
90
16%
8%
6
Southeastern Greyhound Lines-.—5
1
•88
37 % Mar 13
& Iron
20
—..No. par
Southern Natural
12,200
Jan
27
35% Jun
41% Jan
Southern California
;
2
-15
& Corona
Dec
July
35% July
21% Mar
•6% Jan
Skeljy Oil Co
1,400
46
31% Jan
■
Steel
88
109% July 16
-
1,000
49Y«
2
2
No par
20
.75%
5
Jan
14% Jan
•19% Apr
& Gas
$1.20 preferred
Dec
12% July
Jan
10
15% Jan
98
Jan
>78
3
No par
"12% Mar 27
Sharpe & Dohme
—No par
74
May 15
$3.50 conv pref ser A
No par
13% Jan 23
Shattuck (Frank G)—
No par.
July 23
Sheaffer (W A) Pen Co
No par A: 59
Vi
25% July 18
Shell Union Oil
15
5% Mar 21
Stiver King Coalition Mines—
5.
2
Simmons Co
——No par V .32% Jan
2
:
30% Feb
Slmonds Saw St Steel.———No par
Mar 26
15
Sinclair Oil Corp
No par
Smith (A O)
85%- Apr
102 %
Jan
63
par
III
—
30%
•
49%
/77-
76
1,300
48%
45%
747/a
'7:' 7"
457/a
45
500
...
'
19Ya
48%
23,300
■
; " 2,800
777
21%'
777 ■77 30%
*74%
•■
•
.
100
177 Vs
177
31
20
49
' •
■7
7:
43/a7'
7 20
*30%
457/a
72%
180
•■
: 400
15 Ya
43^
:
21% 77 l77 21Ya
47
7
463/4
,
183 .vs' 7'! *177:
*177
7
7: 4%
77 *21
473/4-7- -46%
473/4
30 Ya.7
303/a
•30%
30%
Ys
180
*1763/4
181
•176%
21
30%
•:
■
15Ya
43/8
7
%7 7
63
30%
"
-
Jan
6%
__1
preferred
8loss-Sheffield
21% July
Apr
2
Steel Corp
$5 conv
.
63 y4
■
.
30%
-
1,009
7': ; 200
24
■7: 15%
63%
63%
15%
4%
21
7"
•:
,
15Ya' :'■
*157*
*23%
v-
24
*30
15%
;
4%
;7K
21%
•23%
'
65 :
9,900
15%
30%
V ^7 15%
4%;. 77
4%
■
*30
34*/a
15%
.
30
■
600
•
M 15%
46%' -46%
v#:
"7- 7-'*15Yt' 16 77
24
Y7
*23%
7.>
63%
'63%:
2,200
35
r
•
-6%
36%
■
*33%
15%
15%
15%
27
6%
*35%
6%
35%
35%
35
7
27%
■if 27 7
v
-6%
6%
36%
35
15%
15%
47%
:
6%
36*%
>
"
15%-
27
27
6%
36»/2
*33%
?•
:35
•
*60
Shamrock Oil
Sharon
18
87
.100
-No par
preferred
Aug
28
Jun
106% May 14
22% May 21
16% Jan
Inc—
$4.50
20
21%
8%
21%
•
13%
*78
13%
13%
13%
13%
8%
2
'
par
Seagrave Corp
Sears Roebuck & Co
20%
89
90%
•89
$4 preferred
8%
.21%
87% Jan
100
2
Seaboard OH Co of Del
20%
112%
'
•78
$4.50 preferred-
'119%
*8%
16
100
No par
——No par
No par
8%
21%
11% Jan
>
.10
No
Scott Paper Co
20%
21%
par
16 % Mar 27
Stores--—-—
preferred
Savage Arms Corp—
Schenley Distillers Corp
5%% preferred
120'/a
21%
22
22
4
16
Apr
26
22
102% Jan
10% Jan
Joseph Lead
20%
113
19% Jan
10C
8%
1
Dec
99Ya Nov
X83% Mar
30
110% May 18
17% July 10
26
par
No
•7V2
112%
.11% Jun
8% May 26
—1
Jan
•
27% May
—1
7 119 %
113
102
par
5%
30
25%
Dec
35% July 12
28% May 18
Rustless Iron it Steel Corp
10
111%
25%
25 Yj
114
♦112
111%
113
26
*25%
100
54
*52%
53
*50%
109
*107
109
*107
113
V":
3,700
59%
57%
57»/a
51%
10%
57%
10%
10%
113%
Xl0%
*112
113%
♦112
10%"
85%
3
,
——No
Safeway
90
Jan
.10
(The)—
Co
Jan
50%
22 % Jan
22 % Jan
i.—:—
Oil Corp
Ruberoid
90
2
-25
Typewriter—'—
45%
-
Dec
13
Nov
...
Company
20 Va
"
Dec
155
Jun
82% Jan
18
Antelope Copper Mines-
Royal
24
45%
8% 7 8%
8%
■:77, 8%
Ritter
2,100
6 Ys
*23Ya
13
Feb
Co
112%
112%
113
•112%
4,600
Mfg
8%
20%
20%
12% -.7
*21%
/
7
24
Jan
5%
Dec
11%
Tob class B
(R J)
Common
Rheem
.
Dec
—1
20%
118
117%
20%
Reynolds
20
1.300
11 Ya
r.;-
36 Y*
24% Jun ,20
—
120%
8%
8
*7%
117
7,800
36%
112%
*110
V
'7
27% Jan
Dec
9
Republic Aviation Corp—
Republic Steel Corpi
^__No
6 % conv prior pfd ser A—
Revere Copper & Brass.^
No
5 % % preferred...
Reynolds Metals Co—
No
5%% conv preferred—:
Reynolds Spring—;
19%
17
-10
lac——
Motors,
19
108%
•111
25%
777
Dec
19
July
Jan
No
Preferred with warrants..^
36%
*49%
113
25%
26
25%
:
39
■
42 %
137
17
69% July 26
par
& Co 1st pfd
Reliable Stores Corp
20%
*107
112
•111
7-
33Y8 .;
.
Jan
116% Apr
183/a
57%
109
50
•107
500
21Y4
32%
.100
193/a
10%
57%
57%
57%
57%
6Y4
24
140
>
Jan
16
24% May 23
19%
.7
22
*21%
500
:.
15%
Jun
50
5
22
45%
112%
11
10%
11
10%
33%
*37
H
11% 7
■
210
343/4
.11% Jan
363/4
•
20%
7 112%
112
111%
•110%
: ;;
7%
24
23%
23
llYa
•
2,200
7'
17%
*16 7/a
38 Ya
719
19
19%
108
108
33%
33%
*37
:
21%
:7
"7
7 %:•;•:
■
,
11%
7'
22
7
333/8
::
;
105 7/a
193/4
;•
•.
77 .;
17
17
*19
•
77
19Y4
108%
♦108
*37
•:•
'
11%
*21
'
17%
19%
11%
7%
7% ::
39
;
105%
108% !
*17 y8
33%
19
22
♦21
17%
*37
11%
11%
.
17
.
20 '/a
108'/a
:
300
•
16
153/4
8,200
,
llOVa
105%
105%/,;
193/4
*19Ya
109%
23 rYtf
22%
*109
16
16
/
;•*.'
23
110%
*109
105%:: 7
105%
105%
19%
',
109 %
16
15 Y4
t
109V4
19%
■
108%
•
16
105%
106
19%
J
110%
15%
15%
•
106
j
110%
110
110,
•••
110% >
18
Feb
45% Jun
(Robt)
Dec
Feb
8
31
Rels
Jan
12%
21
36% Jan
Remington-Rand
107/a
30
Mar
Dec
29% Mar 19
2
19 % Jan
July
28
23% Jun
38% Jun
Mar 26
43
7
A% non-cum 2nd preferred... -50
—5
Real Silk Hosiery.
'
'?
39% May
34% Jan
—50
Reading Company
4% non-cum 1st preferred—. -50
: •200
21 '/a
16
i
...
Jan
33% July 24
..25
Reliance Mfg Co
10Ya
.
-—
2,400
26 Va
102
No
Inc
preferred
$2
500
21%
105/a
22%
10%
; 100
:■
.
103
par
Preferred
331/2
*1001/4
213/4
22
10%
22
*213/a
.,:i;
33%
25 3/4
.
1
7iy2
71%
.
..*100%
26
10%;
21% ,22%
:
.
33
33
102
-
.22
*21%
.
.
34%
26
5
•70%
,22
?iooy4
72
91
pfd— .100
3%%
Co
10
7% Mar 26
.100
Rayonier
'•*
•
'
-
Purina
.—1
—
Kaybestos Manhattan
700
23i/a
*42
19%
*19
120
1,500
•
49
*47%
;
42
42
19%
23i/a
49%
*47 %
•42%: :
f,
*19
19 Ya
120
*115
120
49
*471%
,
42
42
■
20
♦18Y4
*115
49
*46'/a
49
800
36
363/a
227/a
227/a
.
Ralston
183/4.
36%
*36
640
300
*35%
35%
19 Ya
*19
98%
1043/a
104Y8
1043/a
35%
35%
,
98
104%
104 %
104%
104%
104 y4
97%
98
97YB
98
98
104 Ya
'98
•
*104
Radlo-Kelth-Orp" sum
6% conv preferred
24,300
91/2
8s/a
87/a '
8s/a
87/a
8Ya
8%
600
87
*86
Corp of Amer
No par
$3.50 conv 1st preferred—No par
Radio
Jan
36% Aug
,
„
121
-
Jan
13% July
Dec
19
,
I2%j Dec
29% July
,
Apr
64
5%
Feb
5%
Jan
17%
Jan
66% Nov
'
Oct
128
Jun
Jan.
Oct
7% July
10% July
25%) Dec
.
84y« Feb
6
19%
Apr,
26
Deo
4
29
Sep
3a
Dec
Jan
20%
Sep
3
8%
.
Range for Previous
Year 1944
STOCKS
SfltafdAj
Monday
July 2S
July 30
t per
I par share
BALE PRICES
LOW AND HIGH
Tuesday
i per
share
share
the Week
Range Since January 1
STOCK
EXCHANGE
;
30% Apr
.„28
32
31%
31%
32%
Swlfi Jc Co
32
31%
5,300
31%
31%
32
32V8
32%
32%
32%
32%
.32 %
32%
Swift International Ltd-
32%
32%
3.700
32%
32%
31%
32 Va
31%
32%
30%
31%
4,100
31 %
32
Sylvania Elec Prod's Inc
9%
10 Va
9%
9%
9%
9%
7,300
9%
*9%
9%
9%
9%
*9%
9%
400
*9%
8%
8%
8%
*8%
8%
8%
600
8%
10
9:
9%
9%
9
8%
7%
7%
7%
■7%
7%
106%
51%
51%
51%'
51%
7%
7%
.
100
*33% "14
13%
106%
106 %
*106
51%
9% y"
9
13%
14
*13%
51%
52
51%
106 %
*106
106%
106
14
*13%
14
*13%
10
240
106
106
1
Talcott Tnc (James)
9
5
5 /,;
Tennessee
51%
3,700
Texas Co
7%
7%
3,000
Texas
7%
Corp
43%
43%
43%
43%
43%
43 %
'43%
1,800
Producing
.No par
Coal & Oil
10
Land Trust—
1
42%
42 %
21%
217/s
2,400
Paciftc
21%
21%
Texas
21%
22
21%
21%
21%
21 %
16%
16%
16%
16%
16%
Pacific
16%
16 %
Texas
16%
4,000
16%
42 %
41
42%
41
41%
42%
42%
1,600
Texas & Pacific Ry
42
17
16%
16%
*16ys
16%
*42
44
*16%
17
*16%
*53%
54%
*53%
*9%
*9%
*
*134%
139
*134 '/8
*93%
97
*93%
97
11
11%
11%
54%
54 %■
11 %
11%
10%
54%
11%
11
'
14%
*14%
14%
46%
*107%
50
18
41%
42%
11
10%
54
*14%
15
'11%
*14%
14%
*46%
47%
*46 '/a
*107%
6%
6%
49
49
49
18%
18%
18 Va
18%
.
41%
41%
52
52%
12%
12%
12%
44 /•
45%
45
21
12%
4,300
45 %
'4,700
6%
6%
6%
6%
109%
*109%
109%
*109%
12%
13%
13%
13 %
13%
13%
*13%
24%
24%
*106%
24%
108%
.27%
27%
*11%
*25
'/1,500
/
*25%
25%
25%
25%
108%
*106"%
103%
*106%
28 %
28%
28%
28 Va
28%
34"%
105
*104%
105
'
34%
105
i!
"
122
'
122
17
121%
17%
'
12*
12
12
7,600
'•
•
121%
121%
430
1,600
16%
16%
Dec
37% July
14%
7
.
26 Vb Jun
25
20% Jun
54% Jun
22
21% Jan
59% Jan
24
12
Feb
Feb
29%
Dec
167/a
Nov.
28
139
Apr
16
22
•
-•>
8%. Feb
20
Apr
12% Jun
-—~z.No par
35
12%
Jan
24% July
50%
.>
Feb
58
5%
$1.50
pisfetred
No par
No par
-No Par
y
prior ptd
y$4.50
-
9%
Jan
Nov
Dec
Oct
7
94
10%
Dec
12%
,
Dec
Apr
81%
{;
1
July
-
122,/
Jan-
92
i
16
110% Jun
Dec
v4%: Jan'
11%
Jun
Jan
49%
'•
•
,
9% Jan
115. Feb
Rapid Transit——No par •
1% preferred
—100
Twin Coach Co_
s
1
3
.
17
Jan
38
43%
Apr
52% Aug
13
>
17 Va
Jan
-
8%
Dec
Dec
18%July
5%
Feb
Jan/
3%
85
22
Dec
29
Apr
12%
i
July
,
11%
8%'. Jah
Dec
105%
.
Dec
11%
Jan
15% Mar
Nov
20%
Dec
Dec
102%
Dec
28
Z 21%
Feb
28%
Dec
28
28%
Jan
35%
Dec
13
85
Jan
105 V*
Dec
5%':Jan
9%
Dec
102
29
13
Jun
13
19% Feb
*.
Dec
34
Feb
25
14% Jun
16
137
5% Aug
18% Mat
•
Jun 26
3
2
14% Jan
Twin City
Oct
I
Jan
2
^
68 %
Dec
118
Jan
16%
Dec
66
8%v Jan
Jun
'
U
62
*61%
16%
17
17%
17%
86
86%
86%
87
21%
22%
130%
130%
108
-—!£</
108
2iy8
*107
107"%
38
38%
*124
'-26
*111%
71%
*29%
7%
22
28 %
'28%
28%
108%
37%
♦103%
109%
37%
37 %
37 y2
128
*70%
71%
*71
,
29%
*29%
30
8%
8%
yv;
22 V8
2%
2%
34,800
45%
5.200
2,300
United
1.000
United
46
17%
17
17%
17%
11%
81
..
11%
11%
11% ;
*80
82
*80
'
13%
13%
39%
39%
40
40
104%
105
105
18%
24%
18%
*24%
24%
*108
109%
*108
7%
7 %
82
85
13%
13%
13%
13%
x39%
39%
39%
104%
103%
103%
18%
18%
18%
United
39 %
900
United
105 y2
1,700
24%
24%
7%
*7%
7%
108%
-v
800
24%
108%
*7ya
7%
24%
24%
109
*108
108
15.800
7%'
•70
'
200
,
'
15%
*14%
14%
14%
v15Va
106%
106%
*106%
107%
*106 V4
107%
19%';
19%
19%
19%
20
*18%
19 Va
*19%
88 y*
86%
88%
*85%
88
*86
88
15%
15
15
106 V2
15
■■•>•■
106%
193
*190%
*190%
192 %
*190%
*17
"17%
*17.
17%
17
17
*51
51%
*51
51%
50
51%
47%
*47
48%
*190 y4
46%
*8%
46%
,•/';/■' 8%
33 Vs
111%
12%
12%
*10%
39%
*49%
29%
193
47%
9
33%
*110%
*110%
39%
68
150
23%
41%
41%
41
"
*110V2
*17
6%
43
e
5C
2%
54 %
*162 %
165 Va
*162%
3
165 Va
*162%
*61
62
61
62%
*61%
80%
81
81
80%
66%
677/a
67 Va
67%'
67%
68%
23%
23%
23%
149%
23%
47%
47
47
*46%
xl 49%
149%
5%
5%
150%
1.500
24
24%
4,600
47%
5%
6%
7
6"%
*110%
♦111%
87
*17
17%
6%
6%
6%
44
*42%
*43
87
88
86
*186
187
*186
'
24%
24
24%
24%
13%
13%
13%
*13%
34
34
34
*33%
34%
16 %
16%
165/a
16%
16%
16%
•
/•:
167a
49 %
49%
49%
*48
*
49
*48
49
*48
97%
*93%
97%
*93%
97
*93%
97
*93%
103
*100
103
*100
28
*27
29
*28
65%
99
100
29%
*28%
6%
5%
6
67%
67 %
68
29%
*64%
*120
5%
66
120%
5%
65%
120%
*99
•
20
500
1,800
200
49
97
•
100%
120
400
28%
28%
5 Ye
57/a
7,700
69
69%
2.300
120%
150
121
♦120
*67
74
*67
*48%
49%
48%
48%
100
40
40
40
600
*68
76
*68
76
*67
49%
*48 %
49%
*48%
49%
4Q
40
40
74
40
40
40
40
160
*154
160
*154
160
*154
160
*154
160
*154
170
*156
170
*156
170
*156
170
*156
*156
170
*70
73
*15
15%
footnotes see
page
71
Z
71
*70 %.-
-15 Va
*15
15%
*70%
71
15
•
71
*15
15%
*70%
15 Va
Preferred
Preferred
U S
—No par
—100
No par
-
—
Tobacco Co
7%
non-cum
United
preferred
Stookyards Corp
United Stores class A
conv
—
1
Am——No par
—2.50
Van Raalte Co Inc_
—
10
Vertientes-Camaguey Sugar Co-6y2.
Vick Chemical Co—.•—s—
5
Vicks Shreve & Pac Ry-———.100
5%
non-cum preferred——100
Victor Chemical Works—-—
9.
Van
Norman-Co—
Chemical ——No par
6% div partic preferred
—100
Va El &. Pow $5 pref_
^.100.
Va Iron Coal & Coke 5% pfd—100
Va-Carolina
———-—23
25
Virginian Ry Co
,6%
preferred
RR
4%%
100
Wabash
15 Va
700
Waldorf System
»■
25
1
5
preferred.
No par
Universal-Cyclops Steel Corp
1
Universal Laboratories Iqc—-—1
Preferred
No par •
Universal Leaf Tob
—No par
R
nreferred
.'
100
$6
71
.IV.
!
U. S Steel Corp
—100
100
preferred^—100
No par
Co
72
•
Feb
17%
8ep
93%
Jan
92%
Feb /
26
100%
110%
Sep
22%
Apr
36%
Dec
28
102%
Jan
123%
Dec
29
Jun
27
>
24 %
20% May
Jan
6
110
25
61
May
31
23
Jun
Dec
114
Mar
79% Jun
Jun
70% July
j
28
22 :/ Jan
Oct
11% May 19
Jun
24
8
"
1%
Jun
14
47% Jun
25
3
88% Jun
27
13% Feb
20
44
25
11% Aug
78 Vb
Aug
Jan
ll7/a
Dec
36 %
91%
Dec
11%
Oct
15%
Jun
68%
8
Apr
Dec
2
Jun
110
Jan
16
Feb
21
8
Dec
Feb
26% May
75% Jan
9
28
/.
Dec
17%
45%
/■
106% July 12
19% July
42 Va
Apr
6
27
% Jun
Apr.
12%
•
14% Jun
:
l7/s July
Jan
31%
21% May 18
Jan
109%
Dec
4
Feb
7%
Sep
7%
/'
18% Apr 24
108% Jan 26
Jan 24
Feb 5
Apr 10
Feb
97%
".,.14%
12% July
107%
Jan
Dec
21%
Jan
Feb
25% Jun
15
94% Jun
12
70
Mar
/88
Jun
194% Jun
15
170
Jan
186
Dec
20 Va May
..
8%
4
54
.
Jan 17
Jan 10
Mar 27
Mar 26
1
May
52% May 25
10% July
15%
Jan
Oct
Jan
51% Nov
34 % Apr
43 % July
42
V
5
2
•
•
9
Jan
16%
Dec
33%
Jan
Dec
38% Jun
28
Jan
10
15% Jun
5%
Apr
9Ve
Sep
11% Jun
25
11
87/a
Jan
10%
Dec
44% Apr
17
30%
Apr
37%
Jun
48
Nov
114
3
55% Mar
Feb
110
~1
•'
2
61% Jun
25
40
Feb
Jun
21
130
Jan
Jun
20
170
71
i
85
6% Jun
5
22
44%
•
DeC
27% Aug
48%
Apr
Dec
Jan,
4% Nov
2%
•
Apr
5%
Oct
106%
Dec
76
6
Jan
14%
114% May 28
20% Mar,
136'%
2%
26
3
Dec
637/a July
May
6
.
7% Aug
78
Jan
26% Jun
50% Feb
61% July
Dec
May,
Xll9%
21
•
Dec
54% July
" Dec
150
Apr
151% Jun
•
69
50%
27
v
48%
Mar 19
72% Jun
Sep
~4%
Feb
Jan
4
58% Jan 24
2
23% July 27
,46%-July 10
- 4
Jan 24
4% Jan 23 '
98% Jan 5
,16
Jan 2
5% Jan 2
39
Jan 5
75% Jan 24
178
Mar 27
113
40% Jan
;
31% July 12
Jan 18
Jan
3%
Jan
;
18 Va July
6 "
July
8
Jan
25
47
Jan
24
31
Jan
41%
Dec
May 28
68
Apr
81%
Dec
25
162
Mar
95
187
Jun
176
•
Nov
28% May 28
247/a July 26
2
f
28
Mar,
15% Jun
Mar 27
39
Mar
18
22 ;
.13% Apr
6
Jan
Jun
52 v Mar
48% May 22
8
23 ya July
17%
6
28
;/
Jan
9%
Jan
14% Nov
Oct
52
28
Sep
23
12 V4 May
18 /
7
41%. Jan
51
'
Oct
6
-
Dec
Dec
63%
Jan
85
26
70
Feb
85% July
19
21%. Jan
25% Aug
7% Jun
8
3% Mar 27
July
Jun
33% Apr
20
100 '
101
86% Mar 26 V
59% Jan
/ Nov
28
2
2
24% Jan
Dec
30
114
July 20
May 19
Jan 2
Jan 2
Jan 22
Jan 5
Jan >' 5
May 28
Jan 31
90% Jan
104
/; 33% Nov
43% Jun
135 % Jan
13
Dec
144% Jun
-
32
Feb
Oct
Dec
118
Jun
110% Apr .18
Z
115
«
Jun
25%
8
Nov
20%
109%
11
Dec
119
1
32% Jan
18
22
22
22
25
21% Jan
,
28
109% May ,10
j.
50
—
.Preferred
r-/
29
Jun
—
Vulcan Detinning
583.
—
Vanadium Corp of
2 00
121
74
preferred
Lines Co
Jan
li 33% Mar
110% July 3
I'YJy- 7% Jan 23
Preferred
10
9"% Jan 2
U S Pipe & Foundry—
20
35
Jan 2
U S Playing Card Co
!
10
46
Jan 2
U S Plywood Corp—
1
- 27% Jun 15
tU S Realty & Impt
No par
2% Mar 26
US Rubber Co
10
:
51% Jan
6
C')8% non-cum 1st preferred-:
100144% Jan 12
U S Smelting Ref & Min
50
52
Jan 2
U S
1,300
'
„
—No par
100
Partic & conv cl A
Universal Pictures Co Inc—
121
*48%
For
:
50
38%
6%
30%
.:
Feb
25% Mar
13% Jan 17
5
preferred.:
,.—50
Industrial Chemicals—-No parLeather Co———No par
conv
1,600
'
5%
5%
65%
120%
*120
103
190
-
167/a "
*49
28
: 10
34
*93%
*100
13%
33%
•
' 800
•
24%
*13%
14
f
25 Va
24
24%
25
13%
87%
25
200
■
186
186
25Va
'
6%
86%
87%
-
44
•*43
187
24%
24%
17 Va
6 %
44
25
.
111%
♦17
6%-':
'14,500
7%
7
111%
17%
25
..
130
700
.
'
*17
187
5%
5%
112
:
47
*46%
7
112
43
13.700
150
5%
6%
'600
24%
6%
18
2,400
:./ /•'
149%
5%
112
*186
*33 %
200
81%
67%
8,800
62%
*80
•;•/
165 Va
61%
13%
16%
2,800
2%
53%
•:;
24%
33
100
1,400
54%
3
24%
16%
50
30
53%
3
24%
33
1,000
42
42
29%
50
29% •29%
547/a
3
164
87
86 %
*49V2
54%
54%
150%
6%
187
50
29%
29%
80%
5%
44%
*49 V2
3%
6%
6%
41%
41%
50
29%
1
:
113
136
Jan 22
180% Jan 17
20
100
:
Hoffman Mach Corp
5'/2%
Prior
:/•-■
.
200
23%
18
5 Va
111%
*110%
10%
5%
*17
24%
111%
*10V2
*47
112
*13%
*110%
10%
150
112
/
U S
10%
60%
47%
86%
U S
300
400
33%
10%
67%
23%
24%
400
9
.
*33
*10%
*80
47%
*186
46%
*8%
">/:.•:•■
11
163 %
80
*42%
*45%
9
33
2,400
3
60%
6 V8
100
12%
164
J-
50%
12%
29%
'
U S
18
*50
12%
54%
149%
:•
300
*17 Va
Co
Co
preferred
7%
50%
12 Va
3
67 %
i
>:V/
U 8 Gypsum
——*
12%
55
80
•
193
••
-■•
■
12'%
*49 %
29%
59
•
700
:
13
40
50
6Va
.:
*10%
11
5%
*190%
S Freight
U
11%
105
16%
77
No par
—No par
—No par)
Secur
1st preferred
$6
50
12%
27/a
*160
,/'■
33
111%
*110%
9
193
U S & Foreign
23
116
Jan 2
6% Mar 26
——
15 %
82% Jun
76
117% Jan
107
—
Ferb
Sep
9%
5
•93% May
24
27
11
22
24
24
19
25
89% Mar 9
13% Jan 20
22
Mar 9
~
13%
United Merch & Mfrs Inc
—
-1
5%
preferred
.—
100
United Paperboard10
Improvement Co
Gas
600
87
87
No par
United Fruit Co
47
47
■
"•
;
.
33%
5
Engineering & Fdy
United
17
17
*49%
33%
*33
111%
./■;
9%
*8%
8%
33%
33
53%
-
3,200
20 %
88 V4
: '
15 Va
106%
19%
106%
157/a
9%
66
10%
100
_5
Coal Cos,-
Electric
•
5
—1/
Co—
Dyewood Corp
Drug
Preferred
120
19
7%
22'%
i%
38%
—
2.200
18%
108
7%
12%
*103%
24%
24%
109
*7%
11%
82
18%
18%'
18%
12
*80
40
17%
104%
105%
17%
17%
13%
40
■
22%
22%
*11%
:/v
13%
13%
13
Un
45%
/ 2%
12
No par
No par.
United-Carr Fast Corp—
4,700
2%
2%
45%
17 %
;" 200
8%
45%
22%
2%
45%
81%
—100
Co
Carbon
United
No par.
?
2%
22%
2%
45%
81
Co
preferred——
45%
22%
*21%
45%
17%
conv
400
8%
22%
2%
*11%
400
Biscuit
5%
10
;■
109% Jan
100% Jan
29 % Jan
27% Apr
105% May
31V8 Jan
118
Jan
22% Mar
109% May
66
Jan
26% Feb
Cigar-Whelan Stores new,.
30c
Prior preferred
—20
United Corporation.:
No par
$3 preferred—^
i
No par
8%
■
United
".
112
preferred
preferred
4%%
500
71%
29%
72%
29%
72
8
25%
*111%
conv
i.—5
1".
100
:
-—10
———100;-;
United Air Lines Inc
200
25%
25%
111%
5%
ioo
3.500
128
25%
111%
112
*29%
*124
124
124
;
26%
*25%
•
y
'
2%
*17
9,500
United Aircraft Corp
27%
*111%
22%
Union Tank Car
Jan
51%
May 18
22
18% Jun
14% Jan 24
100
preferred
*.100,
——No par
•: 700
108 %
*124
non-cum
y 200
30 y2
28%
45%
22%
'
30%
4%
108 y4
66
3
58% Jan
.
Union Pacific RR Co
700
/
131%
30%
•37%
37%
8 %
;■<
3,000
109%
28%
•
*30
30%
117
*107
No par
No par
—
Bag & Paper—
Carb.
-No par\78%-Ja-n
Union El Co of Mo $5 pfd
No par • xll0% Apr
Preferred $4.50 series^—No. par
111% July
Union Oil of California^——
25
- 20% Jan
10
111%
22
131 %
131%
Union
Union. Carbide 3c
4.200
87
22
107%
30
7%
8
*112%
113
22
107%
72
72
*29%
■111%
■5*112
22
130%
:
71%
29%
112%
113
*108
112
*111%
112
86%
108%
26%
26 %
87%
132%
7
38%
125
.,,125
112
•
,*29%
.
V 109%
37 Vz
128
26
*107
2,300
*107
29
28%
29
28%
30
300
17 ya
K
*131%
-
108 %
30
30
86%
*111%
22
132
132
87%
*111
'
22
*107
--
29%
112
*110
' 112'
*110
61%
17 ya
17%
*111
*110%. 113 "
113
*110%
17%
86%
-
<
61%
17%"
17%
'
62
*61%
62
*61%
62
62
Underwood Corp
18
73
9
Jun.18
Feb.19
3%
50
Sep
Sep
113% Jun
5% Mar
62% July
120
Aug
118% July 18
123
22
76
38%
Feb
63
25
49% July 25
37
Jan
45
July 10
33
Apr
38% Nov
12
102
Jan
125
Oct
147% Mar 26
149
Feb
155
July
21
40
Jan
68
Dec
10%
Jan
14%
Dec
57
Jan
45% Jan
120
145
Mar
42
16
Mar
2
36% Jan
5
Jan
2
13% Jan
10
66
163
.
•
77 '
Jun
Jun
Jun
22
16% Mar 10
:•
Nov
Dec
i
f.V;
13% Mar
32 %
13% July 23
y
28%
18% Mar 28
Jun
; 108
101 y2 Jan 3
26% Mar 21 & 30% 'May
37% May
34 Ve Mar 27
106% Jan
102 'May 22
i—1 £•;
100
preferred
Dec
Jan
17%
10
100
103
Jan 13
10% Mar 22
—No par
20th Cen Fox Film Corp
100
300
16%
Jan
6%
Apr
14
25
Rayon/Corp.;.
Tubir.e
2.200
104 %
12%
16%
•<
'
122
121%
'
:
-16%
16%
-
,
122
2
10
Sep
Feb
50%
4%
32%
19
May
'
4% %
*i2y8
:%
12
44%
Feb
9% Feb
55
45
>
50
$6 preferred—
■—
Truax-Traer Corp—
Oct
12% July
par,
—1
Jun
8%
Jan
'56%
preferred—
Transit Corp.-iVo
conv
Avenue
8%
Jan
4%
Dec
10% Mar
May 23
53 y4 .July 24
1
15% Mar
10%Jan U
15% Mar 6
13
Jan 3.
53% Mar 1
Thompson Products i_.
—No par : f 45
July 17
4% preferred
Li!
-i-100
' '
//;—___
~7% Jun 18
Thompson-Starrett Co—
-No par./
4'/a Jan 2
:
61% Jun 18
$3.50 cum preferred—_—_Nf par
31
Jan 22
20% Mar1 7
Tide Water Associated Oil—
—10
■
16% Jail2
i.;: 44% July 13
Tlmken Detroit'Axle
..10.
34% Jan 22
Feb 16
Tlmken Roller: Bearing
—No par
50
Apr 6 j* 56%
14% Jun 25
Transamerica Corp_;
:
2 •
:10
Mar 26
54% Jun 27
Transcont'l 3c West Air Inc.—.
5
/
26 U Jan 15
24 Vi Mar ' 8
Transue & Williams JSt'L:
-Nonpar .
.
18ya Jari 2
Jun 26
TrI-Continental Corp
1
5
Jan 2 Yp. 7%
.$2% div
Third
Thompson (J R)
••
12
'
12
1
U:'.
35%
104 %
35
*104%
■35%
35%
35%
35%
17
5,000
108%
27%
12
16%
13%
*106%
28
9,300
♦
90
«
,
25 y4
13%
13%
108%
*104%
_
.
7
16
.
400
{
:
6V2
109%
*106%
122%
,122%
6%
109%
109%'
<
21%
*20%
v:
6%
6%
*109 %
34%
1,800
12 y«
21
6 %
109%
28%:
1.400
51%
44%
*20%
;
6%
109%
•
41%
51%
12%
12%
45%
21
...
5,200
*
.45%
12 %
21
41%
42
53
41%
52%
45
105
600
y
49
18%
12%
34%
4,400
6'%
6y»
6%
/'< 6%
:
49%
18%
45
*104%
500
108%
49
25%';
100
-
47%
108%
53
21
700
•
Co_
Jun
8
5% May-
C;
.
*107%
12%
20%
14%
108%
43%
20%
11%
*46% "■4 47%
*107%
'42%
53
'120
55 '
*14%
54%
11%
14%
*53 %
*11
54%
11%
-
7,300
Thermoid
'.•
109% July 13
26
2
2
9% Mar 27
»
——
Jan
33%
25
1
v
.—No par
:
j,
33%
Jan
21
15% Jun
——100
•—Ll
100
N<$ par
-preferred——No par
conv
10% Feb
10% Jun
30
14% Mar 31
44% Mar 29
8% Apr
6
125 >Z. Jan 3
x93% July 19
100
Co__
preferred
preferred
6%
10%
10%
10%
54%
6%
42
52%
97
18%
17%
52%
*93%
50
*49 %
17%
97
-
*11%
108
6%
6%
6
50
97
■
$3.60
139
10%
47%
47%
108%
'46
*107%
-■
*134y0
97/a
•
:
The Fair
10
139
*9%
*
•
-
Thatcher Mfg Co
80
53%
*9%
134 Va
*93%
139
*93%
500
17
53
54 Va
*53%
10
134 %
10
139
*53%
.54%
•*53%
54%
*9%
10
*16%
17
1
i_
Gulf Sulphur
2
26
Apr
27%
107/aJun
-Z
Dec
33
Jan
26%
38% May 9
35% May 22
7% Jan 16
7Va .Jan 3
11% Jan 2
105y2 July
48% Jan
6% Jan
36% Jan
xl9% May
■
13% Jan
30% Jan
pfd_100
:
25
(The)__
Gulf
43
'
5%
new
Tennessee Gas & Trans
51%
Texas
,
Corp
27%
7
6
7%, Jan
Symington Gould Corp
Telautograph
34% Feb
6
Apr
I per share
I per share
t per share
3iya Mar 21
29
No par
Highest
Lowest
Highest
f per share
Par
31%
30 Va
*
*
Lowest
Shares
< per share
f per share
share
v per
Aug. 3
Aug. 2
Aug. 1
July 31
NEW YORK
Sales for
Friday
Thursday
Wednesday
1945
Monday, August 6,
COMMERCIAL & FINANCIAL CHRONICLE
THE
y
'
rm
Volume 162 f. Number 4409
THE COMMERCIAL & FINANCIAL CHRONICLE
RECORD
NEW YORK STOCK
LOW
* ■:->
Saturday
« per
SALE PRICES
Monday ;>
Tuesday
July 31
Aug. 1
,
•>>
f per than
sftar*
STOCKS
Wednesday,
July 30
July 28
J.tfS
HIGH
AND
share.,.>£
« per
Thursday;
Aug-. 3
NEW
the Week
i fper share
9 per tfiars
s per snare
Sales for
Friday
,
YORK
•,>■/
STOCK
ftwjefor rrmm
.
Range Since January 1
Shares
Aug. 2 -;./, •
EXCHANGE
Lowest
Par
Year 1944
Highest
t per share
$
Lowest
share
per
Highest
I per share
i per share
W
31%
313/4
105%
*66%
i
*313/4
,
*105 »/4
673/4
»20
11
..
ii
V:63
-; i3%
-
•
It
15% >
}
■V
.
427,-
27
,
20% ,>
*20%
1
•
.
10
~
85 y2 ;/ 86
>
>
*
115
?
■
.
••
•
115%
1
.*
»;• 28 ~
28%
24% *-24%
i
•
44
■;
.. ;
--
48%
x48% "46%
'.
X84% >85
*'
i:
9%'
24%.
-
27%
;
86 y
V
30% > /,>r,/30% <
•
■■
*47
u
v
85o. .85%'*
i>...
•.
24 /
•
433/4
?9'/4
26
-•
.
28%
;
•'
42% > '43 % ■'?
%
31% /31%
31
X
-
-•.
85-^
>
-
:
*108%
:
107%
107
42
;
'42
.
107
-V->
47%
;••
>
41 V»
f/
42'A
31
> *303A
.v
iioyy-**
*108
♦
.
•<
i-
r
-
i
.6%
<60 Ori
-
14%
•
•
*85.;
-14v
9r*<(
1'
,
3134
*85 ; >
*32
*32
343/8 •
:34% >• •'
'i: 8% r'*i >> 8% >;• 83/a t. >> *8'A
25 %» v>>- 23%
>23%
24% •;. 25%
*32
•;
•
S03O%
14 VB
v;!,^14-'^
91
>14
:
:>
> ; *65
3434
.
rv 8%
^
14
'14%
A14%
.
*100 > ioi
•
> -'/y
.V
'*
200 >
;
>
*70
'
.94
*91
*89 v'- •91
30
>•>'
.
390 '»■
22
•
■
__
''
47/
•
93
.
>
>
'
88
*72
17%".
69
37
93
173/4
74
17 3/a
'>
3/4
400
17%
47%'
22
47%
*
46 %
47:'/2:
106%
23%
23 »A
351/2
35
23%
23
343/2
35
35%
353A
35%
9%
9%.
9%
.
-
I
\
—r
V" 100
>.
■)
>:>•
-300
;
3,200
Yftle ft Towne
•:900
•'••46%-
473/8
3,200
1053/2
105%.
-23'/a
233/8
1,300"
35'A
9%
3,600-
4-7 %
»1053/4:105%
■
.
100.
85'A Apr
in3/* Apr
163
16
31% Jun 26
16% Jan
113
103
•
Dec
118% Sep
28
Feb
July
Deo
110
26
2
293/4 Dec
313/4
2
92
27
65
Dec-
£6'A. Dec!
90% May 29
41
Feb
53% July
22
'/a j»n
21
Apr
31'A July
31% Deo
Mar 26
f
28
Jun
2634 Apr
>
x3l% p«b
15
37%
3% Jan
•
29 % May 25
6
Dec
6 3/4 July;
163/4 July ,
7'A jaa
Dec
•Bid
9%
and asked prices;
no sales on this
35
9%
9Va.
'
day.- tin receivership.
*
>
*35%
9%"
93/4
;
-
36'a Feb
.
,
26
>063/2 May 14
66% Jan
116% Apr
78
30 V
43
pfd-i-lQO
128
Jan
'
30
79
Jan
80
>
par
10% Jun
as
<
-
•-
92*/# Deo 3
22
July
Feb
Feb
Jan
293A July1
8% July
Jan
,87'A Oct
Jan
31 %t
24
6
Dec
4%
Jan
93A- Apr
6
Feb
20 y» July 1
8
Jan
ll'/a. July
89»/4 Nov14 >/4 July
803%. Jan
103a Jan
123
Sep
125
Sep
Jun
26
> 19%
Apr
24
July
48'/2 Jun
1
36%
Jan
443/4
31
.
Oct ;
59% Apr 17
20%
Jan
41'A Nov
90
Apr
47% Jan
82 »/a Nov
04
s
July 17
49
Jan
78
22
16
84
Nov
27
69
Jun
91%
Deo"
May 31
68
Apr
741/a
Nov
13
Dec
14
Deo
993/4 Feb
9
20% Jun 28
>32% Jan 24
-42 3/4. Jun
-
%
13
27'a Mar
183/4 May 19
Feb
19
9% Apr
143/4 Jan
517/8 Jun
26
33%
Apr
423/4. July
96
Jan
106% Nov
28
13
Jan
20'A
Deo
44 *a
July
-i
13 Vt> Jan
13
19% Jan
17
25
par
39'/8 Jan
22
100
105'A Jail
19
20
164%. Aug -i
32% Dec
5
25
par
110
Mar 21
Mar 26
253/b Jun
34'A July 26
53A Jan
2
pat
Dec
20
16
July 13
103% July 12
17 >/a May
7
132»/2 May 24
•>
■
JulyJ
-1073/4 Nov'
77
July •
X64 'A
•
15
26'a Jun
24
Jan
13
5
Jun
18
34'A May 31
y
5
Jan
693/a Mar
26
163/4 July 13
3
jan
f
75
No par
15
33 3A Jun
22% Jan
6i
40% J»n 24
38
Jan 15
No par
Jun
94
163A Mar 26-
2
19
26®A Feb
9 -
Jan 23
Feb
5
107'/a Jan.. 15
24
Ye Deo
32
263/4 Jan 22
_X
36
111
4
87% Jan
215a Jan
s
293/4 Dec
253A
Jan
102% Aug
3f
31% Jan 24
.
16
105'A Jan
101 % May
59 »/# Feb
97 '/a, Jan
20'A Feb
July 23
64?- Jam 19
10
Zonite Products Corp.
Deferred delivery^ wNew Stock. >r Cash salo.
Transactions at the New York Stock
Number
Feb
15
33 3%
11
3 3A
20% July
Jan
12% Jun
36% JUIy
15% July
Jan
:
>
Week Ended Aug. 3,1945
Saturday
Monday
Tuesday
Wednesday.
ThursdayFriday—
Sharep >
Government
Bond
>
Bond*
Bonds
Total
Foreign
Bonds
Sales
i
>
f
■
"
$21,000
167,000
13,000
$4,792,000
•
4,185,600
Sharesy
Aug. 3,1945
i
1 Kv'4
jmM
■
Domestic
Foreign
Corporate
Holiday
>
!
i
3,502,000
146,000
598,440-
3,159,700
125,000
511,130
3,415,000
215,700
16,000
3,646,700
3,541,330
$13,669,300
$637,700
$99,000
$19,606,000
29,000
>
20,000
•
Tuesday
•
Total
v
315,000
237,250
$39,000
10,000
*190,000
1,000
243,000
6,000
$317,000
$5,000
330,000
3,000
*410,000
1,000
'
*250,000
*190,000
223,000
1,000
6,000
*230,000
1,034,315
$1,465,000
$57,000
$15,000
$1,537,000
/.
—.
»:. ;v Total—•'
406,000
*210,000
•
Thurscday
Friday
,
/
>
L
Wednesday.—
.
$278,000
207.065
Monday
r
3,677,000
3,304,700
•
651,190
TotaL...-.
Bonds {Par Value)
Foreign
Government
of
Week Ended
Saturday
$184,000
,
4,005,000
871,330
..
Exchange
•
$4,587,000
909,240
y Ex-rights.
(Number
;
;
Holiday
♦,
x-Ex-dlvidends.
6% July
Stocks
united States
andMiscel.
wd When distributed.
42
mm. Daily* /Weekly and Yearly
Railroad
of
oBpecial sales,
-
Transactions at the Dew York Garb
Exchanges
Daily, Weekly and Yearly
Stocks,
.No par
—1
Zenith Radio Corp—
900-
>—
-
>>>>
Week Ended Aug. 3
Jan. 1 to Aug. 3
1945
Week Ended Aug. 3
1945
Stocks—No. of shares—1
1944
3,541,330
Bonds
.'»
Jan. 1 to Aug: 3
19415
4,272,080
;■>;■,
1944
222,442,519 >. 163,024,570
Foreign
Total—
$4,133,200
1,916,000
62,015,860
Domestic^
70,239,500
18,669,300
Railroad & Industrial
$3,901,850
•837,700
—.
$88,500
33,103,400
1,529,127,600
1,748,327,300
$19,606,000
>
1
$1,465,000
$2,875,000
57,000
166,000
15,000
22,000
$1,537,000
♦Note—Approximate volume.
Mew York
>
listed
on
the
daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.
are
-Stocks-
Far
30
.
July 30——_
July 31
Aug. 1-
If
Total
Rail¬
Utili¬
65
trial*
July 28__
20
Indus¬
Date—*
road*
ties
A
Stocks
10
*
Bankers Trust
Grade
trials
Second
Grade
10
Utili¬
40
Rails
ties
97.50
108.51
62.01
106.55
162.88
57.12
32.66
62.25
106.34
,
114,55
97.94
108.55
162.72
57.22
32.55
62.21
106.09
114.61
98.09
108.49
106.82
Aug. 2
162.49
56.89
32.35
62.01
105.96
114.49
97.92
108.50
106.72
Aug. 3
163.08
57.41
32.42
62.32
105.69
114.47
97.74
108.46
106.59
100
445
457
"
46%
120
113'A
116 %
40%
>42%
55 %
57'A
49'A
52'A
55
/
24 %
26'A
57'A
Exchange Bank & Trust_20
Empire Trust
50
Fiduciary Trust
—;
93
97
33 3A
First
18.80
35 3A
19.40
National
Bank-
100
Fulton
Trust.
.100
190
Ask
210
~
National
100
200
Guaranty Trust
47%
115
Corn
106.84
Bonds
669,000
Bid
Far
Ask
"
,
32.40
ma
31
10
716,000
$3,063,000 $114,569,000 $119,610,000
City Banks & Trust Cos.
29
—100
$89,315,000 $112,174,000
24,538,000
6,767,000
volume was not available at press time.
Commercial National Bank Jc
Trust Co
20
Continental Bank & Trust
10
106.77
•
Holiday
57.12
The actual
10
Central Hanover Bank & Trust 20
Chase National Bank—':
_15
Chemical Bank & Trust1-10
Total
114.52
Ralls
Holiday
;
Brooklyn Tryst
10
First
Indus¬
162.09
—
Bank of the Manhattan Co
Bank of New York
-Bonds-
10
41,610,352
Foreign government—*w.
v
Below
1944
68,220,167
Foreign corporate.
Total—
$35,107,900 $1,595,045,310 $1,822,700,000 V
Stock And Bond Averages
1945
1,121,760
Bonds
•>
$99,000
1944
1,034,315
Stocks—No. of shares-
1
TJ. 8. Government.
..
56% May 17
•«33J% Apr-27
113% Jan 17
3
;/
>93/4
;
37% May 17
2
-
July 13
-
Dec
18
15
Young Spring St Wire—
No
Youngstown Sheet & Tube—No
5%%t preferred series-A
Youngstown-Steel Door—_—No
Apr
Dec
r
37% Jun 18
67% July 10
3
Mfg. Co^.—
113
118
15
York Corp__—
213A
Feb
Dec
28
.2
10 JA Jan
No
96'A
July 13
168% July 12
85 Vz
Jun
13'a Jan
(Del)
102% Dec
Jan
Jun
8% Jan
Wyandotte Worsted Co.—
3,900
36
16% >16%
J*
Jan
.
14% Jun
1061% Jan-
.
pfd 4Vs% series
-100
Prior pfd 4'/a % Conv series—100
'Wirv)
Feb
83
July 18
50
108 f
;
Prior
WrisrlMr
200
18'A
30
973/4 Jan
Wright Aeronautical
20
:
77
14
17'% Mar 27
32% Jan 13
4%-Jan 22
f/o par
(Del)
28
117
"
10 >
Jan
*
27% Feb-
,
Woodward Iron COv-.^w—.
900
•
v
V
'•'17%
21%
23 :;/•• 23'A
22%
A
93
*37,:;,
•
21%
105 'A
•
23%'
213%
/.
[
Jan
Feb
109
31'A July 27
37% May 12
30% July 26
Co_^._—
Wcrthinaton P & M
22'A
10% July
25% Jun
87
22 3A Mar 21.t
83% Jan
Woolworth (F W) Co
31'A- Dec
Jan
29% July 11
8
,„No par
44'.preferred;—
Jan
63A
34'/Sb Jun
6% Mar 26">•
Wisconsin. El Powt Co 6%
300
5,700
-
89—>:>.4>;
*17
,.163/4-16%
16%
-
-
22 »/a
23
2
26'A Jan
Gil Co—
Wilson-Jones
r ■
v
>
>543/8
88
•i:<
500
*72% >74%
:*37'A:>>38'.Ar
22
.
106 3/4-
;
*91
.
543/4
•»'/• »''-fi9'<*91 •
93 V:v^
>,*, 88 >/V >. *66 > ;
89
16%
22%
47»/2
>54 -K> "54 •:-:.•,••. .->
->.*88 >>
36% >36%
16%
16%
,
:•■'
88-:>,
*85
% -743/4 tit *72'A
*17
*106.
106", 106 i
55 ;-.w:
■>
lS'A Apr
19
I
a
Deo
20
A; 27% July 18
—I
Motors.
Aug
24 */a Feb
par
20
preferred
25
•
No pay
Wilson Ss Co Inc_—
6,700
.*1313,4
>*26/-A'^28 3/4
t
»9i-
89
73%:
*22 <■
.
47%
?
-'-*131% • "v.
y ' *28 >>V 28% >;'
22,700
16
*87%
36%
>
16'/a
.21%
Prior
Xpr
39% Feb
July 17-
<
44
—1
Wiisys-Overland
22%
30'A Jan
.
>.
vWBcox
-:>• 400
Dec
7
9
64% Jan
-
Weston Klec Instrument—,^^.-12.50
.»«,
July
36'A
13%, Feb
r
White Sewing Maoh Corp
$4, conv. preferred
143/2
16
*54
V
>
Westinghouse Airr Hmke^»JVo par
White Motor
15
Feb
11% Mar
101 V Jan
£&&;*.
5% conv preferred—^
100
Wheeling Steel C^pk~-S-—No par
45:cony.prior profx.>-.:,...jyo par
White Dental Mfg (The S S)__„2Q
May
Apr
22%
3
Jan
2.
84% Jan 20-
106
1,700
1003a
> ioo%
>
.* i6y>:
89
C
Mar 26
23% Mar 26
8
100% Jan
1093/4 Jan 26
CO—par
5,200
■
Z; 23 %
54%.. h
17%
•
200 ;
;• /: 433/4 ; 44y«~ »y43 % ' : 43% '> » 43'A > 43%
*87%
1
par
.preferred,
62
11'A
8
•
Jan
Jun
>A May
'
Weetern; Union Teleg class A^No par
"".Class Bpar
Preferred
25
Dec
1083/4 Nov
May 10
;
115
2nd
45
22
31%
Apr
18% May
,273A May
24 '-
'
,
34%,
;
v.
>>•14% >
14 >/a
100 3/a" 1O0'/a
.
9
Jun
18>A Jun
37
2
303/i Jan
Supply Co^.^i-^10
non-cum
70
9
Jan
£0 '
rWheeling A Lake Erie Ry.w;. 109
U10 T
»8'3/a-f."85/»
23 %
». 28 y2
89
> .36%
36
-.16%
*32 y
>
28%
*91.
.
•..■■:•:
17'/a
17%
34% "''-
14%
28 ya
5
X
Lines,
15
Mar 26"
24%
prpferred-i-100
4%
44.25
\.
1,100
r,
14- *
44J/at
:'
£
Inc-
1
70
*<
31'a
,
28%
72 *;>>> :•> 72%
v.
:
-
'» 91 •>
*87
54%
V
189
t
-
16%
*131%
par
TVestvaco Chlorine Pred^—_No Par
.44.50 preferred^—
par
i 400 >
>
44
■
*>
43.% I4i\
53%
53%
No
2.
15 r July 17
Ry_—
>8io;
109
-
30%
■V
>•»•
22%
101:--/
*16--;
13
29% Apr
sWestlnghnuse Eleetric Corp new_50
16.100 <
32
-
i
3,300
109
>
•23% ./■:
-14%
101
*131%
*131%
*87
14 y«
y
x
y
>•16,.'': .16 •>... \
S;*28'^. •28%
>
14 %T
101
*100%
►
16%
*16 >
r
57% Jan
.
par
'Western.Pacific RR Co com^Nppar
••
Preferred series '
1.100
3.300
3,200 >
*
28 'a
>> 14 /
147
91
8%
'•
2'/a Aug
Western. Maryland
-1317/8 >317/a
V
•31'A V
•
r.
»32- 3
»
834
24% ;
:-
Feb
preferred
Western. Auto
700 r
...
31 % -•x ' y> 31 >/.
'
31%
>
•
.
Tobacco
Western; Air
■
2,800
'
> 92
-
West V« Pulp St Pap
1.709*-
"
29% •31 %
14 Vb «' 14%
l3/g
-West Penn Power
20
'
*86:
17
pteferred. i,_
-1OQ
#%• pBeferred_i,ii—100
:t':/
-
: * 500
-
.
2% Apr
>
1%
40
42'AT 42"%
•'
>'• 31% »; 31%
:;
ll7/a Mar
West Penn Electric elass
-
100
2#%.-f>.;%,> 2R»/a >28%
•'•''32% jv" V'32%'32%
31
>
10 3/a
Jan
West indies Sugar Corp—* a
40
<
•
49 >/
v
' y»*2-7 % >
.281/4
28%
32%
-
Nov
Jan
8
Wesson Oil & Snowdrlfr._i.___lVo par
64 conv preferred—
par
•
•
*27>A
31%
*31-
*31
X20
7%
18
Webster
'
>*108 >110
110
46
>.•
Jan
5
Jun
Wayne Pump C04
'
>66%.-'86%'y>>JB9-: >'89">•
-46%
46%>4G%
28%
32%
,
17%
Jun
14
8
llo'a Apr
'
0.46
-
24
12
2
Waukesha: Motor Co_,
"
60
.¥■
'
;
463%
*27% : 28y»
•
:
31'%
••31% > 313/4 -.V>
109%
86
-46%
20 >/a Feb
2
9% Jan
1% Jan,
'
*22% > 23 %
i i:- » 44-t -•'' '44 -<-•
> 9 %.
93/a v- 95/a •
% 26% -t26%"•>• ?!'J ?6'%26'/a
"!45% >46%'
.
43 k;r /
.
?3i ;
-
300
9%
"
16
8 3A Jan
5
Washington Gas Lt Co
4.300
*43 %V 44-
26 %
:,.
19% Apr
2,400
32
■
*106%. 1073/*.
: 106 34; 106 3/4 A -.
*106% 10734
V-' *72'/a 77J/a ;'(>'* 72% >77%"..
>*'72 % > 773/2
-"'*72% ." 77'/a fv-s ••*72% -77%
*102% 104%
.*1023/a 104% &i.'.*10234 103-.
*102% ': 103- ■i 102%! 102%
38% r;-i*,-• 37% "37%
-•:■" 37%" > 37%
-' •v*37%
37
37J: '!'v37-• >
*37% -v.-.;• 94
94% V
9493% v 93%. >
94.:94 -*
94 *
;•;>> 93%' •94
25 .•••*/-•>: 24 Ve ;:24%--r >*24%
> *24 > > 25
*24s/»
25» ;; '- :25
*;•; 25 >>
*107
♦
,
42,
V
■
;;•■•
•
109%
,Jw
.
200
»85t. >86
•: 22 %;: 23
9'/a
>28.v.«..; i28% .-283/4
U*. 28 34
32 % v'32%:.' *;32%
,
32%
31%
•
47
; ;> *26 y.
■
28%
v
'»■
>" 46%
46% >46% f.
*26% >281
•
-
500
115%
"
!
27'/a
-•
Nov
_5
400
•>
27%
27%
68
Warten Petroleum: Corp_
"•
v-
26
> 26
-
.
'■
Feb
2,200
9%
■'
Nov
48
—.50
700
36
••
*934
!
>; *115;.y 115%^r ; *115 > 115 y2
283A
^*223/4->28V>> 'U2S-4=;w4-2S-.«4:^•''^>«8S
*110%, 111.x ;• •uoy^in
;
*110y4 111
■»%.'
*24-'/
9%
9
'
v
.
33% > : *; *35
*85 •■■/
».
30%
■5115%
.
21
'273/a
20% " 20%»
*105
27
*
'
26%
6
Apr
par
Warren Pdy & Pipe_.__i___JVo
3
*27%
r30%:
85%;,-;,
.
' /
24y8"> >223/4
44'%-"'-'
43%
■
44
•'44-'
-28%
30
,15'A
•
May
72
par
Pictures—
35
61% Mar 27
No par
preferred_„^_^__^_.
Warner Bros
24
105'/a July 31
par
Apar
100
107%.108y%>/ ^108%-J»8%"-f ;*'1,* 108 %>109 y2
>114% 114%> *115 ,y. 1153/4'*'. ■«>ii5%,ni5y2
*106% 407; ,/ : *106%>107>"/."/ >•'>• 107 'A- 108 %
.
.*110% m*
112
112
*
115%
27'%
$7
1.000
12,900
30'/a Jan
par
100
No
No
Ward Baking Co ci
Class
2,900
*15'%
•>'
-•
W
&
preferred
645/s
•
G
Walworth Co
16%
'. 33
16%
:9'/a
■
23/8
2%
(■
700
11
*62yB
; 28
35%
:
600
*31-;.
-
-.is y»
*20%
93/4
85%
:
*
115%
*115
21
-
27%
106% 406%
■
/
15 y8
*27 y»
9%
-
300
Walker (Hiram)
>
DJv redeem
3,200
16%
33
•
35%., 36
'
-
20'A
n,:.-,', 11 Vb
*10 »A
—__No
Walgreen Co—
4% preferred
40
*19'/a
.
v--
64
♦31
200
V
107
673A
y4:>£ 34,>• >>><-
16%
,
.28
*20%
9%
86/;
*114%
m •H.t,:
*28
—
^
107%
115%
••
15%
*27 y*
.
29% >30 >>
% JL19W
♦107%
A-.
15%
16'/a
•
32%
■
•673A
v
11 y8
6334
.
31-.
-27%
107% 107
■*.
633/4.
-
16%
20%
27%
5-
2
31
.
*85
...
>>29% / 29%
23,4
*62
.
36
9%
27%
27%
.
2 3/8
11
*31%
*106
•
20 % •'•
10%
*10'a
.
>
'
67%
*193/4
•
16%
20%
10
,
11'%
33
-
*35
35% -.35%
20 ,-•>..
...
31% >
107 %
.
67%
11'/a'.
T
,
*106
67 '/a
11
15% > 15 y8
273/4
273/4
•
J.
>31%
>
11 Vb
64% '
16%
*31:.
■
20
.
2 34
64
33
67 Vb
.
11%
v
2%
16% > 16%.
*32
/.
20
32%
106%:
•."-11%
>11
2%
64 •>!
2%
.sv
67/>
*193/4
u%
•
10'/a
*313/4
*105%
106
663/4
,r-
20
-10%
32%
-"•':.
105 %
100
340
348
17
1,800
25
45
1 ,850
Grace
18
Irving Trust
10
Kings County Trust—.——100
Lawyers Trust
Manufactures Trust Co com—20
Morgan (J P)
National City
& Co Inc
100
Bank——12%
59%
300
42
.
48
61'A
308
.
44
108
25
105
47%
Public Nat'i Bank & Trust—17'A
45%
79
Sterling National—
76
Title Guarantee & Trust
12
ll3/e
123/8
Dnited States Trust—
100 1,510
1 ,570
New
York Trust—
THE COMMERCIAL &
584
Monday, August 6, 1945
FINANCIAL CHRONICLE
as
SSB
Mew: York Stock E
FRIDAY
NOTICE—Prices
the week,
the fcguiOii
i/uu regular1
outsiae of
;side oi
and when
for
interest"—except
..anri
%
-
The italic letters in the column headed
footnote in the week in which they occur. No account to
.
FHjt winnfh whon iha handl WULtllfA.
"Interest Period" indicate to each case the month when the bonds mature
In
Iw^lAAta
aanh
ito sa
RANGE
S.
U.
4'AS
Treasury
3%s_
Treaiury
3%s_,
.1946-1949
Treasury
3l/8s_
.1949-1952
Treasury
3s___.
.1946-1948
Treasury
3s
.1951-1953.
Treasury
2%S_
.1955-1960
Treasury
2%s_
.1945-1947
Treasury
23As.
.1948-1951
Treasury
23As_
2%s_
2%S_
Treasury 2%S_.
Treasury 2'/2S_
2%S_
2%S_
.1962-1967
Treasury
2'As
Treasury
2'As
.Sept 1967-1972
1951-1953
2%S_
Treasury
2%s_
1952-1955
Treasury
2%s.
..1954-1950
•Treasury
2'As
..1956-1959
2'As.
..1959-1962
Treasury
J-D
Treasury
2s__.
2s__.
..Sep 1949-1951
.Dec 1949-1951
.March 1950-1952
.
M-S
M-S
__
1951-1953
M-S
__
J-D
Treasury 2s
V
Dec 15 1952-1954
.June
*
1948
15
l'As
1950
York
New
3%s
Series
No.
Series
Series No.
OcllcS
Series
No.
No.
Brisbane
107.1
103.4
100.18
102.15
A6s
100.17
102.9
External
100.15
__
102.7
Buenos Aires
f 5s
M-S
stamped
102.2
102.3
101.24
3%
*"8 "
101%
9.
95%
102% ;
2
100%
100.30
105.17
Canada
107.8
107.26
7:
90
91'/a
20
\
90
91 Vb
7
.1970
A-O
(Dom of) 30-yr 4s
..I960
A-O
..1961
-1967
25-year
3y48——
30-year
3s
3s
:
lily,
15
93%
I
95
96%
76
63
73
*68
94'/a
947a
83
,
.■
95
92%
,92%
J-J
95
80%
80%
80%
90
90
M-N
103 y,
95
M-S
..1984
30-year
110% lll'/4
21
J- J
107% 107%
6
J-J
'
1086/a
*1035/8 104'/a
102%
106 »/4
104 >/4 104 '/4
102.26
*102.30 103- v
A Carlsbad
104.24
104.24
AChile
102.20
102.27
II
101.29
1Q3.4
a 6s
_w
102.21
103.2
\ A Extl
3
102.10
•
.
103.3"
101.4
*103% 104%
15
103.6
101.20
101.9
7
101.10
119'A
18%
197a
M-N
17%
19%
A-O
1961
1901
J-J
sinking fund 6s
1961
Sep 1901
Sep 1981
assented
J-J 7
A-O
a 68
19%
18%
2 2'/a
19%
17%
19%
119.%
"
J-D
J-D
7
...
•
•"
*18
J-D
*18%
1961
A-O
.1962
M-N
19
19% :
19'/2
19% ;:•■■■
~6
17%
19'/2
18
;
18% ■'
187a f
17%
18'/a
18
18'/a
7 17%
.7
18%
6
.1960
M-S
18
18
Chinese
.1901
J-D
30%
31%
1961
A-O
,
18s/a j
17%
183/a 1
5
'^7:18
17%
1
18%
18%
18
;
)
185/a 7
17%
18%
■
18% ( '••
18
/
*18%. 19.
M-S
fHukuang Ry) 5s:
(Republic of)~ ■
A 6s of 1928—
L
•'
19%
18%
.7
__
A7s assented.
A
'
17%
M-N
•.1177
19% :
19%
17%
A-O
1962
:;
17%
17%
*18% :20
J-D
■-/
"2
,;.
;'T'.
.«•
.1961
fund 6s__
26
18 74
:'7._i.'
1961
Chilean/Cons Munic
19%
18%
.
12
r.;
19%
:.7-
1901
sink
7
19%
M-N
assented—
717
KI
19
/;■;■ *
■
777 19
*19%
19%
M-N
-1963
19
7
,■!
'II'
'
,.1963
sink fund 6s_.
a68 assented
Guaranteed
17 3A
1
18%
A-O
1903
A
9
19%
19%
M-S
1962
A Guaranteed
A
3
19%
19%
M-S
1957
19%
18%
19%
t
.1957
/
19'/4
19
sinking fund 6s
A63As assented
2
19
F-A
Jan
Jan
19
19%
F-A
I 6s
s
V' 19
19%
A-O
ASinking fund; 6%s.
122
1127a
42
118'A 119'A
20
1961
.1-
J-D
*19%
I960
AChile Mortgage Bank 6Vfes_
A6'/2s assented
City
70
M-N
A6s assented—
•
AExternal sinking fund 6s
a 6s. assented
101.23
101.4
„
101.7
36
——Feb
assented
A6s
70
Feb
fund 6s
assented
AExternal
*39
1900
sinking
A Extl
103.5
105%
J-J V
1942
t 7s
s
J-J
1954
assented
AGs
105%
1958
8s
External
ARv external
v
102 3/4 7
103% 104
1942
(City)
(Rep)
A6s
100.13
*101.18
J-J
A7s assented
103
100.25
102.24-102.26
,
J-J
1953
AExternal sinking fund 6s
102.25 102.27
^*106.23 106.25
'
1948
15
104
1033/4
15
106%
102
Jan
103.28
2-.
1027a
Jan
—
102.9
*
M-N
*101% 102%
—
103.28
102.26
J-D
3s
102.9
102.30
102.26
__
2'As
101.12
100.28
,
109% 111%
106%
—Jan
104.9
.100.27
.1968
7
68
97%
F-A
-1975
s
67
52%
"2
*95
*81%
f
••■
67 ' /
52 7 ",657a r
68 ;, '
7:51%
66
!
51%
.
53
•
.1970
f $ bonds
external
68
51%
"
_1977
f 4y«-4%s.
s
Refunding s f 4'/4-4'As.
External readj 4%-4%s.
External s f 4y2-43/4s.
101.6
38
J-D
.1981
>
63%
,100% 101 +:■■■■
100'/« 100'/»
101
F-A
.1950
:
60%.
100% 100%
M-S
_1958
100.18
__
64%
I
(Province of)—
100.10
__
3
65
60%
*60%
.1957
68
51%
,
64% 7,
60%
...
Sinking fund gold 5s
Sinking fund gold 6s
107.1
el
*60%
30l_
107.25
12
51%
*60%
29-C
Series
s
67% '
;X. 7
*60%
Series
(City)
51%
65
-
27—
28—,—
No.
INO.
66%
61
■
61
25
66
52
*60%
No.. 26
33/<s
103.26
J-D.
Corporate Stock
3%
24——.
3%s
!
•,
Unification
Transit
No.
3%s
100.17
J-D
laAs_
Treasury
Series
61
107.15
M 102.25
J-D
1953-1953
'Treasury
*60%
23
66
51%
66
*60%
22
No.
100.28
__
102.25
*102.28
X
J-D
2&
II
102.27
7*102.26 102.28 1
v
Sept 1950-1952
2s
21
No.
107.23
__
*102.25
__
.1951-1953
Treasury
No.
Series
Series
3%s
103.14
*102.24
J-D
..—June 15 1952-1954
Treasury
Series
107.1
21
*102.23
,
2s
Treasury
20———.
33/4S
/4o
102.4
,*104.11 104.13
M-S
Treasury
—
No.
O
*102.2
__
J-D
..Jun 1949-1951
*103.12
__
M-S
..Dec 1948-1950
2s___
113.27
114.19
Series
68
61
51%
64%
61
*60%
3%s
'
,
113.7
113.2
101.8
101.5
.
J-D
2S—
Treasury 2s
112.10
19—
33/4s
'
'
■
110.15
112.21
__
J-D
2s__.
Treasury 2s
109.25
No.
3%s
101.17
106.11
Series
3%s
114
100.10
18
„
Treasury
Treasury
112.27
105.14
No.
3%s
—
.Mar 1948-1950
2s—
Treasury
;
.1947
Treasury 2s
111.27
Series
67
51%
*60 V2
677a
59
64%
■
67%
51%
*60%
High
51%
*60%
—-
3%s
103.19
111.4
Low
,!
3
61%
61
__
Treasury
Treasury
17
103.19
__
1967-1972
.June
16
No.
__
1965-1970
2'AS.
Treasury
1964-1969
1966-1971
Treasury ? 'As
Treasury 2'As_
No.
Series
Range Since
January 1
Bonds
Sold
No.
Friday's
Bid & Asked
High
Low
(Continued)-
bonds
$
3%s
__
.June 1964-1969
.Dec.
Series
3^4s
__
.1963-1968
2 'As.
Treasury
3 a/4s
103.20
...
.1956-1958
Treasury 2'%S
Treasury 2%s
103.27
102.26
__
.1952-1954
Treasury 2'As.
102.8
„
__
or
15—,
__
.1950-1952
Treasury
No.
„
.1949-1953
Treasury
Series
—
.11
2'/aS_
3%s
External
..
1943
Treasury
High
109.24
—
.1960-1963
Last
Sale Price
(Continued)
Brazil
Low
—
.1958-1963
23As_
Treasury
Period
—
.1956-1959
Treasury
Treasury
Interest
New York Stock Exchange
—
.1951-1954
Week's Range
Friday
bonds'
•
t
nwr
108.14
No.
*108.1
108.3
* 101.31 102.1
J-D
* 102.6
102.8
J-D
*109.18 109.19
J-D
*102.2
103.4
M-S
'
*111.11 111-13
M-S
ell3.7
113.13
M-S
.1.
100.10 100.10
M-S
*105.13 105.15
J-D
s' *109.22 109.24
M-S
*113
113.2
J-D V',.
*113.14 113.16
J-D
*114
114.22
J-D
.J.
*100.23 100.25
M-S
*105.19 105.21
J-D
*106.26 106.28
M-S
*107.22 107.24
M-S
.-L
*105.24 105.26
M-S
7
*107.12 107.14
J-D
*103.5
103.7
J-D
*102.15 102.17
J-D D
*102.7
102.9
J-D
*101.3
101.5
M-S
*101.28 101.30
M-S
*101.22 101.24
J-D
101.14
101.6
101.14
M-S ■•a:
' *104.16 104.18
J-D ■■'7A
*107.12 107.14
J-D
*104.9
104.11
J-D
*108.20 108.22
M-S
*104.2
104.4
-
January 1
A-O
M~-S'
_1946-1950
of
week's range, unless they are the only tewnaaettoaa
taken of such sales'<VV oomputtof the range for the year.
to
h!
3
AUGUST
ENDING
Range Since
Sold
Low
High
Government
1947-1982
Treasury
or
Sale Price
Period
WEEK
;
Bonds
Friday's
Bid & Asked
Last
Interest
Exchange
Stock
FOR
Week's Range
Friday
BONDS
York
New
YEARLY
-
weekly range —- - -—— in a
are shown —
..i.
•
WEEKLY
-
Cash and deferred delivery sales are disregarded to the
and defaulted bonds.
income
16%
18
26
35
10
,
'7,
Colombia
77% '
1
68%
1901
J-J
76%
76%
77
2
69
1970
A-O
56
55%
483/4
58% ;
—1947
A-O
56 '/a
7:
6
Mtge Bank 6l/bs.
ASinking fund 7s of 1926
41%
50
;
1940
M-N
48
48 -'7
41%
1947
F-A
48
48
49%
50
:•
ASinking fund 7s of 1927
Foreign Securities
of
A 6s
3s
-Oct
1827
external
jan
f g
s
bonds..
AColombia
Wertheim &. Co.
Copenhagen
Members New York Stock Exchange
Telephone
120
REctor 2-2300
Broadway, New York
NY
(City)
5s
1952
25-year gold 4VaS
Teletype
"
(Republic of) 5s of 1914—_1949
Cuba
7s
loan
4'/2s
1949
debt
1977
J-D
1—1953
Sinking fund 5'/2s
Govt.
&
Municipal
APublic
(Colombia)—
-1947
AGtd sink fund 6s
_„__1948
Akershus (iting of Norway) 4s
1968
AAntioqula (Dept) coll 7s A___
1943
A External s f 7s series B
—1945
A External s f 7s series C——1945
A External s f 7s series D——_.,_1945
AExternal s f 7s 1st series
1957
A External sec s f 7s 2d series—1957
AExternal sec s f Is 3rd series.^3957
Mtge Bank
Agricultural
sink
AGtd
fund 6s
f
f
conv
S f ext) conv loan 4s
S
f extl
Australia
External
>;
'
External g
.—1972
4y2s of 1B28
External
s
■I——'
33 v»
95
1017a
7,90
42
95% •
103
100'%
9
95%
105'/a
997a
m-n
"
1
90 ve
37
105'/a 1057a
'•
'•
997a
e
99
.;
103
95%
64
99% 100%
100
105%
1C0
9
102% 103
107%
*102'/a 108
100%
104
100 vb
102%
*
105 y8
109%
59%
73%
a-o
A-O
Ry)
1979
1952
1978
J-D
'7
■'
—*
1077a 110
71
*70%
—
-7'7'7y-
'
4r
—
•
53
687a
■
70%
57%
71
52
4
59
J-D
68%
60
7
52
Series
No.
1
73%
54
52
3%s. Series
Series
No.
52
68%
f~y:'
'
68%
.
No.
6—
"7,3
Series
No.
7—
"v
7__.
...
•'
No.
8
Series
No.
3%s
Series
No.
10—
33/4s
Series
No,
11
Series
No,
12
——
6374
64
6
52
673/4.
633/4
1
52
68%
60
53
74
74
74
74
74
2
517a
Finland
75
11
52 3/i
—
;
115
95
23
81'/4
F-A
96%
93%
96%
29
80
A-O
91%
91 Vz
3
77
M-S
*101%
1940
A-O
A-O
1961
M-S
A-O
1969
A-O
*ioiy4102%
1967
series
7s
J-J
ext 6s——
76
8
52
76
—
52%
513/s
66 %
—-r-7.
51%
66
51%
68
-7
e60% c60%
*60%
*60%
.
64%
i-
99
95%
100 '/a
101%
*101%
1007a
101'%
*101% 102%
100
102
-
447a
60
*53
1945
M-S
French
1949
J-D
*108%
7s
17
17%
147a
1952
A-O
96%
97%
96
1960
A-O
96»/2
82 %-
60
1949
Republic 7s stamped
unstamped
*97
....
.
97
1067a
98
108
Greek Government—
A7s
A 6s
Haiti
part
paid
nart
paid
(Republic)
Helsingfors
1904
(City)
AJugoslavla
Mendoza
6»/2s
ext
Irish Free State extl
AMedellin
s
f 5s
.1960
(State Mtge Bk)
(Colombia)
(Prov)
7s
Assented
Nov.
5.
101%
101% 101 y,
100 V8
25
23 %
100
90%
102
20%
20'/2
12%
J-D
30
30
30
34%
1954
J-D
*_.
99
94
100%
1943
1942,
A-O
1954
4s
to
M-N
*88
16 Va
18
l'#57
6'/2s
readjusted
Mexican Irrigation—
A4'/2s stamped assented
A
17%
19S8
f 6s sejies A
s
M-N
agree
.7
*12%
*11%
14%
For Financial Institutions
7 7
12%
10%
117a
77
SECURITIES
FIRM TRADING MARKETS
ryiBL MARKS & no* iNa
FOREIGN SECURITIES SPECIALISTS
50 Broad St., New York 4, N. Y.
Telephone HAnover 2-0050
27
12%
68%
2
643/4
99
*101%
1940
1920
(Republic of)
93%
75
76
e60%
...
115'/a
74
115
95
1942
series
(Rep of)
*110
72
115
74
74%
■
footnotes see page 588.
AEstonia
*110
72
1
-£ — ••'
*60%
...
—
1st
2d
157'%
68%
*63
...
——
5V2s
1137a
154
1969
5'/28 of
112
157%
155
68
52
4
76
.
13
52
64
74
9
14
64
75
Series
No.
'■— '
74
—
——
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Series
■
64
6374
63%
...'
...
——.—
3 34s
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633/4
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i
.
...
—
5
Series
5V2s
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110
J-J
FOREIGN
a-o
—
4-—
No.
3%s
3%s
series
105%
66
*
•'. .2
*63%
2„.—
3
5 A 1st
41%
110
108
112
1902
5 A 2d series sink fund 5'/2s
Customs Admin 5»/2s 2d series
.
-.
112
1955
Rep Cust Ad 5'/is
94
89%
i
31.%
69%
;
'I
—
...
—
No.
No.
A-O
1942
External gold 4'/2s
fADominican
725/a
70
"5
77%
113% 113%
A-O
„_1952
B
A.1951
7
.
35
66
59%
*70%
7
funding bends of 1931
Series
ASinking fund 8s series
ser
87
71%
60
68%
—
68%
59
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J-D
/;
7
427'
66
57%
"i
68%
7/—
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1
87%
86
35
"l
*108
112
J-J
1945
lADenmark 20-year erftl 6s
External gold 5'/2s
33%
86%
11
100%
95%
95%
-
a-o
For
"3
95
1057a
M-S
1957
3V4S
5
30
*102 vb
f 6%s of 1927
Series
'
33
'
Stamped pursuant to Plan A
(int reduced to 3.375%)
1979
Ex ternal $ bonds of 1944 (Plan B)—
■
100
A-O
1979
:
37%
J-J ,7 '•
Stamped pursuant to Plan A
(Int reduced to 3.375%)
s
30
3274
102% 10274
100
a-o
jJ/4s
'
1047a 1047s
j-d
3%
7
30
5'/2s
A Czechoslovakia
.
1957
6%
34
*30
1978
(Central
2
5
7
M-S ..7.
1926.
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7s
3574
30
*30
J-D
'
37%
35%
•
a-o
.1941
external 8s
Stamped pursuant to Plan A
(Int reduced to 3,5%)—
(U S of)
s
38
34
-
30
J-D
AExternal
38
35
1
2
a-o
1953
AExternal s f 6'As of
;
36
36
a-o
J/tamped pursuant to Plan A
(Int reduced to 3.5%)
■..y..
36
•••'
7
•
.1959
f 6s
'External s f 7s
lABrazil
7.^
82
.1949
external 6%s.
uelgium
J-J
.;
36
36
'w—
J-J
1957
1958
—
J-J
J-J
37
71%
79
35
-■
71%
62%
•.
90
*35
'"••
...
f-a
5s of'25-1955
1927
of
5s
*82
■
J-J
''77
*66
...
M-S
M-N
Feb——.1972
loan 4s Apr
conv
(Commonw'lth)
A-O
M-N
——1971
4'As«.
loan
61
*66
j-d
AAntwerp (City) external 5s____ —.1958
Argentine (National Government)—
S f external 4'As
1948
S
F-A
wks
•
*81%
35
F-A
external
4y2s
Foreign
86%
M-S
(Rep of)
'77
*46
M-N
M-N
Rica
External
-
J-D
1953
1951
A Costa
1-1693
77
Teletype N. T. 1-971
/
:
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
162
Volume
YORK BOND RECORD
NEW
FOR
RANGE
A'
BONDS
...'■
•/
,
Interest
Stock Exchange
A
'
New York
WEEK
Last
Period
Sale Price
or
.
Bonds
Friday's
Sold
January 1
No.
Low
High
18%
18%
16
18
10%
13
High
.
Mexico— (Continued)—
AMexico
US;
i
exu
os
1899 £—.1943
01
Q-J
*18%
Railroad Reorganization Securities
*20
Q-J
'
to
Assented
A
5,
1942,
5,
—1954
1942, agree
Nov.
AAssentlng 4s of
AAssented
—1943
1899
AAssentlng 5s of
1904
Nov.
to
agree
1943
AAssentlng 4s ol 1910
AAssented
Nov.
to
1942,
5,
—
14%
*11%
J-D
103A
10%
10%
J-J A
—.
20
*16%
t
,18
agree
15%
.
13%
9%
16
18'a
*13%
,
3
Range Since
Bid & Asked
Low
'
.
AUGUST
ENDING
Week's Range
Friday
■
18%
.12%
,
PFLUGFELDER, BAMPTON & RUST
,X
17%
"
1913
JA'lreasury 6s ol
AAssented
to
(Statej—
Mlnas Ueraes
external
A Sec
Nov.
assent—1933
5, 1942, agree
22% A
22%
•
A;., A:A
;•
*17%
'
61
•
MS
*43%
46
38%
47%
♦
42
35%
*43%
46'/a
38%
47%
New York
41
118
y/
Membcrt New York Stock Exchange
Broadway
120
6
37
37
;_1958
f 6V2S
s
*22%
j-j
\ ;
585
—
A''
Telephone—DIgby 4-4933
Bell Teletype—NY 1-310
Stamped pursuant to Plan A
2.125% )—2008
to
reduced
(Int
ASec external s f fe'/as__
1959
—
M-5
BONDS
Stamped pursuant to Plan A
New
External
f
s
External
100
100% 100 %
1956
m-S
►100%
A-O
►100
1965
103
97
12
103%
100%
1963
101
98%
Conv
*99% 100
j-D
A-O
*93
Oslo
5a ser A-1963
jtf-N
*95
—1963
1994
M-N
j-d
*95
B——1967
(State of) 7s__
1947
m-s
►105%
MS
*43%
M-S
♦
sink fund 4%s
iCity)
APanama
extl s I
(Rep>
AStamped assented 5s
mod 3 Vis ext to—
Stamp
Ext
ref 3'/as series
sec
APernambuco
Stamped pursuant to Plan A
reduced
(Int
A Peru
2.125%)——2008
to
Loan extl s f 6s
'
L
7
0'
93
*65
100%
'88
Conv 4s of
105%
38%
38%
23%
t8
a.\: 19%
21
20%
21'a
56
a.:' 18%
21
21'a
28
'/
18%
r
25%
*25 ■:«?
31'a
34%
1st
'
*33
a-O
7
25
j-j
25
J-J
39
16
39
14%
30%
50%
•
1
;
'•
'■
v4/;<
•
_•„ - r
yLy
*46
• ;—
A.7s
v
A
.A
47
~i
101%
(City)
Paulo
SASan
2
42'/a
48'/a
48%
41
A-O
F-A
43'A
1968
42
Ref
42
52%
46
39%
4
u
—
*93
M-S
47%
45
J-J
J-J
45%
f
s
39%
49%
36
Uruguay (Republic) extl 8s:
AExternal sink fund 6s—
A
External
47%
:C
40%
external 7s-
(City)
AWarsaw
A4Vis assented
2
37%
1st
mtge
87%
88 Va
due
2000
(int at \% to
M-3
80
80
81
38
1990
M-S
80
80
81
43
F-A
65%
65%
67
233
M-N
98%
97%
98%
due
due
?
Y'
J-J
A.
J-J
51%
51%
46
::
" 46
*74%
1
1
79%
with
6s
J-J
.—1951
J-J
*_-
1951
A-O
A-O
J-D
*101% 102 '
1950
A-O
Amer I
Chem
G
American
5Vis
conv
Bell
Beneficial
2%s
debentures
Steel Corporation—
Bethlehem
Consol
mtge
3s series G
Consol
mtge
3%s series H
Boston & Maine
1st
M
,-u.
debentures.
3'As
debentures
3s
conv
1960
..1965
*106
a.'
j,
53%
39;r
46%
37
51%
36
Elec 4%s B
A
Co
deb
64
:
17
100
V*
105
*81%
J-D
*81%
F-A
J-J
F-A
F-A
*87'a
81
5s
1934
103%
105
Wat
89
87
j-j
1957
1969
1970
Guaranteed gold 4%s
1955
Guaranteed gold 4'As
1958
Guaranteed gold 4'As
1951
Canadian Northern Ry deb 6'As—1946
Can Pac Ry 4 % deb stk perpetual
Arbor
1st gold
A-O
1st
&
3'As
series
20%
Collateral
M-S
102%
(Subordinated)
due.
For
footnotes
see
page
588.
31%
Clinch &
106%
109
102%
102
tACent
100
102'A
114%
116%
89 %
94
103%
102
104%
registered—
AGeneral
A4s
4s
142
105%
109%
3
105%
109 Va
Guaranteed
136% 138%
185
116
143%
1st &
32
67
114%
99
15
106%
106
106%
29
106% 106%
25
115
4
104%
16
96%
106%
1
103 Va
105'/*
■
—
■
■
107%
121%
121
121
5
111%
120 %
107
9
107
110%
6
78
'•
''"A
*
-•
•'
a'A—'
.A
.
88 /H'
General
90
'
Ref
&
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104%
107%
39
53%
24
14%
28
23%
148
13%
28
63'A
87
102%
107%
,
79%
291/a
47
106%
108%
96
,
84
48
109%
1
103%
124
38
55
138
36%
52%
41%
23
34%
48%
105%
16
103%
106%
107% 108
12
107%
109
103% 104 %
79
44'/a-
43
42%,; 44
39%
'
105 z
F-A
4%s
impt M 3%s series E
♦110%
35%
96%
44
1992
1996
1996
1946
M-S
143
104%
140%
90
145%
5
104%
106%
5
104
107%
102%
103
*102%
j-j
A-O
2
104% 105
F-A
J-J
85
.
143
143
111
104% 105%
M-N
52%
131
<
*123
131
; j-j
cons
consol gold 4s
108%
.
*90%
M-N
—1989
tACLicago & Alton RR ref 3s.—1949
1st
91
106%
23%
43
104
impt mtge 3'As D
Div
104 %
22%
43%
A-O
,
106%
•
86%
77% ...78%
*42%
107%
to Aug !
gold
73
3
■.
88
102%
102%
A
88
*76
J-J
gold 4s.—.—1989
R St A
25
22%
78
22%
Chesapeake & Ohio Ry—
105%
:
102%
*100
F-A
115%
102
.
•
104*
94
.;
-.,
104
*103
A
86
103%
103
103
j
—
85 v*
J-D
J-J
107 »/a
107
***+
Y-J
104%
2d
M-N
121%
120'/*
112%
103'a 103'/*
F-A
5s
Potts Creek Br 1st 4s
M-S
116%
115%
*1021/4 103.,:
100%
104
118
1
*108
101%
71
88%
99%
117%
■
2
,
J-J
1949)——1974
IA Central RR & Banking 5s stmp_1942
(4'A%
121 Va
116 Va
116%
5
104% 105 v*
105
1960
gold
series A
116%
14
6
a
118'/a
A-O
110%
102% 103%
*86%
ref
117%
104104j1
'
•
1st ref gtd gold 4s-1949
Central Pacific
105% 105 &'
105% 105%
•
A
119% 119%
-1961
1987
1987
——1974
Power 3s
Y
N
-
1987
registered—
138'a
M-S
1975
Eng
New
A
108%
107 Va
1
-
-A
1987
1st gtd 4s.
JACentral of N J gen gold 5s
A 5s
99
M-N
A-O
105'a
Q-J
J-J
106%
112
14
117
118
A-O
105%
Jan
1st gold 4s
100
103 % 103 %
98%
104
103 7/a
••
■:
113% 113%
J-J
ARef & gen 5s series
A-O
1964
F-A
5'As series B
1959
C——
1959
AChatt Div pur money gold 4s__ 1951
AMobile Div 1st gold 5s
1948
Central Illinois Light 3%s
1960
1
*114
118%
M-S
ARef & gen
M-S
103%
86%
A-1
107%
106
117
—
—..1962
1953
3%s<debs
debs.
Branch U P
J-D
102%
>,
49%
103%
97 V«
119'a 119%
J-D
1981
1st gtd gold 4s
Cart & Adir
Central
M-N
15
116% 117
aj •' '
J-J
107
46
97
115% 116
117
M-S
100
102%
51
31
101%
__
-102%
*107 Va
•'."'•/•
F-A
5
102
49
*__
F-A
1965
Ohio 4s
A
A../
F-A
tCentral of Georgia Ry—• \.J
Alst mtge 5s
—
Nov 1945
IA Consol gold 5s—
—1945
•
>_
73%
28
J-J
108
•
debs
91-
96
A-O
1949
104%
*103% 105
M-N
86%
83%
47
*101
J-J
>•96%
98'%
98%
111%
107%
81%
J-J .HA
J-D
114% 114%
A-O
109%
107%
45'/a
*102%
J-D
1960
4'As
trust
A-O
1948
103%
107
9
110 3°
82%
:
■
A Cent
104
107
*
106%
46%
,
j-j
157
105%
*101%
a-O
a-o
—1964
E
Income
cum
—Oct
5s
27
103
100% 100%
A-O
Co-(111)—
mtge
4Vis
gold
Carolina
102%
*100%
A-O
1967
1998
4s
Ark & Memphis Rv Bdge & Term 5s
Armour
National gold 4'As.
Guaranteed
JjACarolina Central 1st gtd 4s
Certificates of deposit
104%
*106% 106%
107
A A-O
series A—1975
Anglo-Chilean Nitrate deb—
Ann
3'As
78
*102% 103
1969
1.
Wks & Elec 6s
Power
Elec
-
*104
M-N
84
108%
106%
—
*44
155 A
14
80%
63%
105
6
109
A-O
Calif Oregon
Celanese Corp
100% 100%
1
.
82
87%
13
*105%
103 %
70%
100
.
111
110
110
A-O
—1960
gtd
91
18%
20%
78
108% 108%
A-O
:
70
24%
98
"18
105% 105%
*106%
m-n
Bush Terminal 1st 4s
Bush Term Bldgs 5s
78%
*17
75.
78
105%
F-A
1957
due
72
80
*17
75%
74%
84%
*71
1962
3s
debentures
3s
Am
Tobacco
727/s
,
F-A
1952
1955
to May 1, 1947)
3%
•
6mer
F-A
M-N
at
(interest
modified
Stamped
]
IBurllngton Cedar Rap & Nor—
§ Alst & coll 5s—__
A Certificates
of deposit
Consolidated
46
>, 87%
5
83 Vi
107%
106%
J-D
►100
83%
107%
104
106%
1969
1981
f debentures
4s s
Buffalo Gen
Buffalo
Guaranteed gold 5s
82%
107%
Niag Elec 3%s series C—1967
Buffalo Rochester & Pgh Ry—
'(
■'75
M-N
Canadian
83%
105
104
105%
100% 100%
100%
J-J
26%
M-N
M-N
lOS'/a
5
3
105
A-O
4%s series JJ
1st mtge 4s series RR
Alnc mtge 4%s ser A
—July
t A Boston & N Y Air L 1st 4s
.
6
►100
103
103
108%
"110
M-N
102
101'/a
*106% 107'/a
32
M-N
131'/*
100%
32
M-N
1st gold
>
22
23
129%
..
103
105
A-O
23
102%
130%
107'/a 107%
107%
M-N
100% 100%
98 V2
102%
—.1955
1968
23
98'A
86'/a
M-S
Power 3%s
—1974
Canada Soucnern cons gtd 5s A—-1962
F-A
F-A
101
-,86%
.
947/a
103
F-A
California
.1958
1
130
F-A
27%
-I960
94%
94%
94%
100
91
•
>
27%
—.1961
.
debentures
19
107'A
Telephone & Telegraph Co.—
3'As
v. 100%
•100
.--'A
■
_a1967
1st 5s A C—
series ii
5s
.
12
*10%
86%
93
*102'/a 102%
stamped
12
—1949
a
A
*102%
4s
1
■
97% a
1951
ref 4s
10
Albany & Susouehanna RR 3%s._._5«4fi
Gen mtge 4 Vis—
———1975
Alleghany & West 1st gtd 4s
1998
Am & Foreign Pow deb 5s
—2030
v
J-J
;
J948
assented
warrants
97
97%
J-J
1959
due
1947)
100%
108%
66%
2
75
94%
43
.—1950
1
Jan
'•
__
88
55
105%
53V
.
,A40%'"
*47
66%
'•
$
-
*53%-
-
105%
60%
..
a; 66%
')
17
52
•;V»53
1948
Albany Perfor Wrap Pap 6s
:■■'■
11
45%
*60
92 Va
'88
ser F
gen
20%
>
-
(int at 1% to
21
1972"
3Vis
75%
88
1999
„
~i
43%
*53
;v
J-J
J-D
Power
88'/*
28
J-D
due
105% 105%
60
F-A
Alabama
107 V*
66%
105% 105%
40
45%
1947
Express coll tr gold 4s
1907
99%
M-S
37%
1
10-year deb 4'As stamped
1946
Alabama Great Southern 3V!»S—1967
Coll trust 4s of
27
152
(int at 1 Vi %
1946)
20%
1953
1948
a
81% a
Feb 11960
1
Celotex Corp 3%s
AStamped
'
M-S
•
2
*150
Adams
103% 104
21
—1953
plain
A
106%
M-N
42
37%
J-D
J-D
M-S
series
98%
1947
—1969
50%
41
and Industrial Companies
Railroad
18
Bklyn Union Gas 6s series A
Gen mtge s f 3%s
42%
2 i
JAbitibi Power & Paper—
§A5s
46'/a
105 V*
Bklyn Edison cons M 3'As—
Bklyn Union El 1st gold 5s
98%
60
1978
readjustment
3 Vis extl
38
102
1961
1960
1970
1953
1968
1950
60
1978
1984
1958
1958
3%-4 Va-Afg extl conv
4-4%-4%s extl readjustment
2
9
45'/a
90%
—
42%
48%
36
■i 1'
;
43%
1979
conversion
50
41%
104
M-N
M-N
J-D
J-D /
readjustment
External
44
103'/a
41%
103
A-O
75
of 1937)—
1979
($ bonds
3%s-4-4V8%
6
104% 105%
75
—1960
1964
External sink fund 6s—
109%
49%
104%
A-O
1955
1948
(City) s f 5Vis
109%
96%
A-O
1978
.
104 %
80
Serbs Croats & Slovenes
A
41%
M-S
A-O
(Kingdom)—A 8s Becured external
—1962
A 7s series B sec extl
—1962
A Silesia
(Prov of) extl 7s
1958
A4Vas assented—
1958
107%
3
24
48%
1940
7s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
8ydney
J-J
J-J
:••■
,
107
80%
Beech Creek Extension 1st 3%3
40%
37%
] 60
Stamped pursuant to Plan A
AAAA:
(Int reduced to 2%)—
,12012
J-J
I ASecured
42%
96%
-
42%
M-S
Stamped pursuant to Plan A
(Int reduced to 2.25%)——2004
Afis extl dollar loan
1968 1
35
36%
*__
J-J
Stamped pursuant to Plan A •
(Int reduced to 2.5%)-—ail1999
extl water loan
—
1956
A7s
..
107% 108%
107
Telephone of Pa 5s series C—1960
Indus Loan 2%s_*
1950
v
39%
47%
AA
■'A
►105%
108%
J-D
J-D
Ref
Con
54
40
a: 36%
39%
36%
M-N
,
1953
Toledo Cin Div ref 4s A—
47:
_
M-N
1950
.-1948
gold 4s extended to
1951
S'west Dlv 1st M (int at 3Va%
45%
■
*44%
J-D
1999
external
110%
Pgh L E & W Va System—
41
to
42 'A
.
♦
—
-
Paulo (State) 8s
.
Stamped pursuant to Plan A
(Int reduced to 2.5% )
&
AConv
!•'
y
35%
42
*44%
2012
1938
Stamped pursuant to Plan A
(Int. reduced to 2%)_
IASan
1948
(int at
due—
ser C
gen
Dec
Sep 1 1946)
50
42%
1957
f—
M-S
July 1948
gold
Sep 1 1946)
^
83
104%
37
9
;7 43'a
*50 a
M-N
1952
A '
2.375%)—2001
M-N
Bangor & Aroostook RR—
J-D
8s
to
reduced
A6Vis extl secured s
A8s
43
?38
Stamped pursuant tn Plan
(Int
111%
104%
•
-
RR—
Ref & gen ser D
-
a-o
&
to
42
71'/a
7
82%
82%
103% 104
J-D
Stamped pursuant to Plan a
(Int reduced to 2.25%)—2004 V
flanta Pe external sink fund 4s—1964
—1963
A
*110%
Ry—
July 1952
1964
4s
cons
4%s
110%
109
15
.11085 11033
•
J-D
4% to
Oct 1 1946)
-July 1948
Ref & gen ser A (Int at \% to
Dec 1 1946) due
1999
49%
k ■: 37%
J-J
m-H
F-A
45
Stamped pursuant to Plan a
(Int reduced to 2.25%)_—2004
A7s municipal loan
—1967
Line
gold 4s
mtge
Ref
43
41
:
■■
Ohio
&
mtge
1st
.
2012
(Int reduced to 2%)
external loan of 1926
J-D
J-D
111
Stamped modified bonds—
30%
25%
;,a44%
r"
-
25
25
*46%
j-d
1
25
39
25
A-O
pursuant to Plan A
Stamped
f
Air
110%
__
124
B
Baltimore
~
A-O
■
1st
unified
*110%
123
117
3
25'/a
27%
32
A-O
14%
•25
F-A
Stamped pursuant to Plan A
.
(Int reduced to 2.5%)
.-1999
Afis external sink fund gold—;—1968
1955
133%
115%
120% 120%
J-B
24%
23%
•
Stamped pursuant to Plan A
(Int reduced to 2% )
2012
Rio Grande do Sul (State of)—
\
a 8s extl loan of 1921
1948
High
•129%
16
24%
21
a-o
.
January 1
Low
25%
23%
a-O
/
Range Sinee
Sold
No.
High
*123
1960
Atlantic Refining deb 3s
40%
j-d
2d ser
Bonds
Friday's
129% 130
M-N
.—1940
gold 5s
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
47
38%
__
—
3%s
mortgage
General
Nov
1910
1st
Charlotte
&
Atlantic Coast
100
105%
45%
1st
98%
v 95
2
Atlanta
98%
95
-.*»
—1995
.—1995
1955
4s—
129%
A-O
1905..
gold 4s of
Atl Knox & Nor
95%
98'/a
'
;
99
99
gold
4s
gold 4s of 1909
Conv
90%
88%
——
M-S
1959
external 7s
(Rep of)
-
Nat loan extl 8 f 6s 1st
A Nat
'
v
ser—1960
1961
8 A Poland (Rep of)
gold 6s
1940
a4%s assented—
1958 '
A Stabilization loan s f 7s—1947
a 4 V2 s assented
1968
A External sink fund gold 8s
1950
A4%s assented
1963
APorto Alegre (City of) 8s—.
1961
Stamped pursuant to Plan A
,
.
' „
(Int reduced to 2.375%)
2001
A External loan 7%s
1968
Stamped pursuant to Plan A
A
(Int reduced to 2.25% )——2006
A Prague (City of Greater) 7 Vis—1952
Queensland (State) extl 6s
1947
A Rio de Janeiro
(City of) 8s
1948
Stamped pursuant to Plan A
•
(Int reduced to 2.375%)
2001
A External
sec
6 Vis—
1953
a
''
•
-1970
1953
199b
—
-
Adjustment
101%
98'/a
F-A
extl loan
fund
Municipal Bank extl a i 5s
4s
Stamped
'
sink
4s
1
or
Bid & Asked
Low
97%
3
100
F-A
4%s
Sale Price
Atchison Topeka & Santa Fe—
A-O
4'/*s
fund
sluit
►105
1957
1958
5s
(Kingdom of)
Norway
M-N
—
General
f 5s
s
External
"115
Week's Range
Last
Period
(State)—
Wales
South
j-d
Friday
Interest
Exchange
York Stock
New
reduced to 2.125% )—-2008
AMontevldeo
tClty) 7s
1952
a 6s series A
:
—1959
(Int
—
"I
51
52%
363
128%
131
125
131
-
128
32
59
Monday, August 6, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
586
new york bond record
for* week
range
Interest
-
Last
Sold
Low
No.
High
Low
Friday
■
Interest
B_-
1st & ref 4 Vis series
ref mtge 3%s
1st &
Chloago ft Eastern 111 RR—
A Gen mtge inc
(conv)
1950
—1970
gen
10
10
65%
._1964
83
997/a
79
*86 Va
3 Vis
72
16%
31%
96 Vi
95%
92%
97%
97 Va
1
•
Alst
114%
88
59
96 Va
95 Va
111
99
95%
95%
97
97%
96%
97%
77%
76%
79
236
69
26%
28 Va
688
17%
33%
90 Vi
89%
92 :
90%
290
*90
J-J
25
3 Vis
Union
1st mtge
77%
series
—
1st mtge 2%s ser G
——
Cleve Cin Chic ft St Louis Ry—
i
103%
103
68 Va
General 5s series B
•
M-S
69%
837
47%
75 Va
52%
79 y*
23
128
73 Va
22 Va
99
*
105
*99%
..
_-
98 Va
198
88 Va
88 Vi
M-S
*84
•
09 y*
83%
-89-j
i03"%
J-J
1
Oeoenture
105
XS
108
105%- 106%
-
105% 106
A-O
98% 100
12
•90%
A-O
97% 100
30
90%
76
)
V
109
i'.:
X 5.
100
100
Jkf-N
3 Vis
ADebenture
;t
ADebenture
103
'
y
■
'
95%
88%
•-:.••
91%
19
1 105%
;
-1977
A-O
107
JL06%
•
103%
J-J
104
A-O
--.4
109%
:
116
111%
106
J-J
M-N
M-N
1969
75 Va
74
106%
15
106%
108%
105%
110%
102%
4
~3
103'A
108%
108%
105% 106
103
103%
51 Va
61%
51%
43
7
44%
24
43
50%
84
_•_
80
85%
45%
31
45%
51%
*81
•■■
..
51 Va
43
J-D
—
53%
104%
*108% 109
J-D
J-J
45%
45%
"
•
^
J-D
■
*63
66
66
42%
42%
45
63%
43
A-O
—
63%
43
J-D
1973
'
91
101%
98
104
98 v#
..
139%
:
144%
103
96
.
V/
/
72%
87%
114%
119
84
115%
160
•64 %
80
59
30%
45
31
102%
3%s
i
V
68
22
42%
52
5
h
101%
M-N
95%
M-N
105%
F-A
88%
J-D
88%
96%
14
84%
95% 95%
105% 106
39
84
10
94%
88%
314
74
5
100
105%
99
100%
103
87%
J-J
*100% 101%
J-J
101% 101%
45
101% 101%
63%
71%
12
43
50%
14
101
103%
D
J-J
106%
*103
J-D
106
10
106
98
96
2
95%
94%'
5
83%
gold 3s——■1951
J-J
95
1
82 Va
J-J
97
98
9
89
100
1951
J-J
1951
F-A
105%
99%
105%
97
103 Va
1st ref 5s series A—i
ref 4%s series C——
/
'»
.—1963
*104
81 Va 100%
J-D
■k 95%
94%
96%
201
J-D
-1963 '
92
91%
92 Vs
25
76'/a
88 %
88%
4
73%
J-D
1st
J-J
1950
f AInd Si Louisville 1st gtd 4s
96
*96%
■
4s ser D——1—1963
gold 4s
98
*86
J-J
1950
105%
"105
75
94
M-S
"106% 107
92
106 Vn
97%
"111
A-O
Indianapolis Union Ry 3%s Ser B.1986
Inland Steel 1st mtgo 3s series F__1961
95%
106%
107%
^International Great Northern RR—
Alst
6s series
A.:.
Alst
Alst
5s
series
;_1952
1
AAdjustment 6s series A
July 1952
B__
gold 5e series O
86
A-O
v
47%
86%
46%
49
80%
J-J
.
——1950
80%
J-J
J-J
——1950
*79%
21
62%
103
28%
54%
3
58%
85
58%
84%
87
SAInternat Hydro
El deb 6s.
1944
A-O
85 Va
97
Internat Paper 5s
series A & B
1947,
J-J
104% 104%
24
Ref sink fund 6s series A
1955
M-3
108% 108%
2
Int Rys Cent Amer 1st 5s B
1972
1952
J-J
101%
1955
F-A
104%
Teleg deb gold 4VaS
V:
)
85
84
88
104
105%
106%
111%
102
*103Vb
M-N
74%
89%
102%
100% 101%
68
95%
102 V«
105.%
82
99
105 Vi
104%
!
108%
63
97%
95
Debentures 5s
106
99%
107%
94%
Joint
Ind 111 & Iowa
103
F-A
1951
HI Cent and Chic St L Si N a—
ref mtge
99%
89%
26
Registered
1st
b V75 v;
23
96%
96%
J-J
gold 3%s_l953
gold 3s
Springfield Div 1st gold 3%s—
Western Lines 1st gold 4s_i
.
74
74%
98%
101% 102%
105% 105%
96%
M-N
—1955
1952
-
a
M-S
A-O
1952
-
Gold 3%s.
.
103%
104%
1st
St. Louis Div & Term
t
105
103
1951
Louisville Div & Term
Omaha Div
105%
103
*100%
108%
Va 107 Va
105%
105 Va 106
James Frankl
Jones
97 Va
J-D
& Clear 1st 4s—-—1959
Si Laughlin Steel 3%s
103%
J-J
1961
96%
103
97 Va
6
88%
103%
15
102%
104%
103
105%
99
99% 105
•57%
106
78%
109
K
"
—1936
J-J
66 ..67%
93
59%
75
Kanawha ft Mich 1st gtd gold 4s—1990
__1936
J-J
67%
10
61
76%
67 Va
■
F-A
16%
16 Va
16 Va
24
5%
21
F-A
Western RR—
1955
14
13 Va
14 Va
149
5 Va
19
City Fort Scott & Mem Ry—
{ARefunding gtd 4s—
1936
ACertificates of deposit
—
Kansas City Southern Ry 1st 3s
1950 '
62
63 Va
30
54%
71%
Kansas
3
106 %
108%
——
,—1978
series B
Detroit Edison 4s series F
A-O
1968
G
A-O
108 Va 108%
1960
M-S
*106% 108 7/a
1970
J-D
1st lien gold 4s 1995
J-D
ly«5
4 Vis
19al
rDow Chemical deb 2 Vis
Dul Miss ft Iron Range Ry 3
-—1950
Vis—1962
Atl gold 5s—1937
Light 1st M 3 Vis
—1981
*§ADul Sou Shore ft
107% 107%
107%
109'/a
~2
106
109
48
56
54
35%
M-N
M-S
2
35%
2
113 Va 113 V2
J-D
54
6
*102% 103
A-O
106
J-J
*60
J-J
105% 106%
28
35%
110% 114%
102 V2
106
67%
13
109 %
45
106
103%
City Terminal Ry 2%s
1974
Kentucky Central gold 4s
1987
Kentucky & Ind Term 4%s—
1961
Stamped
——1961 *
gold 5s
588.
1958
M-N
1995
J-J
119%
119% 119%
*157
A-O
90%
89%
91
89
89
A-O
102%
4%s
102% 102%
34
81%
3
80%
24
93
92%
91%
103
A-O
J-J
118%
*120%
77
63
118%
79
J-J
77
J-J
*105%
101
106%
J-J
*109%
104
109%
1961
J-J
*105 Va
102
102
1997
1964
1959
A-O
*182%
A-O
1961
Plain
unguaranteed.
Kings County El L & P 6s
173%
183%
103% 103%
102%
105 Va
6%
4%
__
108%
Koppers Co 1st mtge 3s
SAKreuger ft Toll 5s ctfs
3%s
Va ft Ga Div 1st 5s
"107 Ve
70%
105
A-O
Kansas
Lake Sh ft Mich Sou
5
*100%
A-O
-
lines
i
page
,f
Int Telep &
—
Granae RR—
cons
v
103% 103 Va
Collateral trust gold 4s
1953
Refunding 5s—
—i
1955
40-year 4%s
1960.
Cairo Bridge gold 4«
——1950
Litohfield Div 1st gold 3s
—__1951
74 Va
3
106% 108
106
M-N
1943
{Alst consol 4s
{AConsoi gold 4Vis
see
108
'*104
J-J
1st &
104% 1047/a
•;
107 %
57
71%
*-, V
108
Purchased
105 Va
'
*67
J-J
.
105%
70%
1st
101 %
*114% 115%
M-N
—1951,
Refunding 4s
t:
105 Va
103
4
26
71%
M-N
'
57
106
*—
102
107%
(NY)
83%
J-D
-
144
*102%
1951
1951
—
103 %
102
6
103% 103%
103%
5
*—
footnotes
18%
26
12
;v-
IT".
♦139
M-N
}■ J-J
Extended
107%
5
102 Va 102 Va
*—
For
84
104%
108% 110
•'
tv
J-J
——1951
1st gold 3%s
1st gold 3%s
V
112%
105 Va
—
102% 102%
102 Va
J-D
1
108%
*112%
J-J
Illinois Central RR—
1st gold 4s
I
126%
105%
A-O
^Tenn
;''J
~t
Illinois Bell Telep 2%s series A—1981
114
11
•106Va
A-O
i
)
;•••'.
31
%
M-N
Ed El IU
1949
I
110%
114
__
Income mtge due————1993
aast
..
102 %
;
'40
108%
__
106 7/a 107
1955
1st 5%s
;
A second gold 4s
'Detrqit Term & Tunnel
111%
.
98%
38%
108
J-J
'
Detroit & Mackinac
106
;,74
17
;
• ;
109 * V
13%
• v:
101%;
38%
1st gold 3s sterling
F-A
.1960
Gen & ref mtge 3Vis series
Gen & ref 3s series H
5
,*10 7 % .109 %
3f-N
106 Va
103%. 107:
m 13
*98
^
r-
•}•.
..
.'
.101%
; 101
A-O
Collateral trust gold 4s
F-A
-1950
86%
121% 122 Va
121%
J-J
'
74%
20
.
1955
102% 107%
100 Va 100 Va
Duquesne
j-j
101"
101%
—-Feb 1957
AAdJ income 5s
l
J-J
—.
ARef & impt 5s
.'!
112 Va
2
105'/a
-.104% 105
Hudson & Manhattan 1st 5s A--—1957
|
M-N
AAssented
130%
104%
*'
■
77
105%
.1965
jDenver & Rio Grande
AGeneral s f 5s
137%
11
V'W-i
i 102% 102%
73%'
106%
M-N
IDenyer & Rio
1
104%
123
109%
X ■■
':-75%-
103%
*110%
A-O
deb: 4s—
3s
102*%'
119%
33
y
t'-*.78 Va
F-A
103
*114Va
-1958
Light
v
101%
127%
106%. 106%
•
100 Vi
121 Vs
'•■v is v::i5%;
A-O
1999
1st gold 5s__—
Co Gas
87
*107%
F-A
.1950
■;
&
V:
/A-O
XJ-J/V:
X J-J
.
|06>a
}
H
25
.1970
Power
1959 *
series; A—'—2015
104%
extended—1963
Lack & West RR Co—
Y, Lack & Western div
1st & ref M 5s ser C__
1973
Delaware
%
Feb
Feb
B_--—
103 Va 104'%
'104
—
M-S
4. 77 Va
76
M-N
M-N
*n
106% 106 7/a
76
..1980
Delaware & Hudson 4s
;
12
120 /;
106 Va .106%
J-J
114%
—
Delaware,
j;
•'
Gulf States Utll 3 %» series D——1960 ;,
Hudson
107 Va
A-O
'frayton P & L 1st mtge 3s
1970
yDaytpn Union Ry 3 Vis series B ~..«.23C3
N
18
*105% .107%
v
Ry cons gold 5sJ—1937'
Hudson Coal 1st a f 5s series A—1962
108%
104 7/a
"
r
U
53
115
__
104% 105
112%
107 % 107%
106% 107 Va
.169;%
54'/a
89 %
91 Va
__
109 Va 1107/a
J-j
fjAHousatonic
101% 106
107,
109%
13
107% 107%
80
•
127% 127%
j-Jf-
105%
39%
'•}":•; 2
109
*127% 129.
J-j
73
40
120
j-J
—1977 v
Hocking Valley Ry 1st 4%s
96%
83
M-N
£t ••••,'•v
.
ctfs
65%
100% 100%
J-J
mmm
103 Vi
*102%
,V; J-J
■
VV;r^y~.t':; fa:
104%
•4
105% 106
106
:;vr
.
1
112%
79
88%
A-O
receipts
—-—
Curtis Publishing Co 3s deb——.
"
94%
94%
109
100%
r:
6
*51
j-D
'
104%
104
■:
1
25
107
ADeposit
■u
102
107 V
20
111
109%
ADeposit receipts
A7Vis series A extended to
ADeposit receipts.———
AGs series B extended to
■£.
4
107
.1951;s
receipts..:
RR 1st 5s gold
J-J
111% 112%
—
'mmm
t "m'-n
Gulf St Ship-Island RR— •••.:•
1st & ref Term M 58 stpd--^.-.^195^>
\
108%
*112% 114%
mtge 3Vis
ACuba
-
;
*107%
A Deposit
\
106%
r
A-O
mtge 3 Vis
yjACuba Northern Ry
■
69%
68 %
69%
*107
1st Ac ref 3%s'series D-———1969
F-A
deb 3 Vis— -1954
1st mtge 3 Vis
1st mtge 3 Vis
^Crucible Steel 3Vis s f debs
77%
104 Va
5||pi
3%s.' 'ser L—_J!—1970
mtge
Gen- mtge. inc 5s
*121Va
.1973
4s
1st
111
.1972
'
80
57
*51
'
>
.1981
Power Co—
1st
15}
.
*102% 103%
J-J
-1948
4s
102
103
3
.
* I
•
—1970
—
Greyhound Corp 3s debs——
.1950
—
JAConsol Ry non-con-v
Consumers
♦107% 110
M-N
-1958
3Vis debentures
Consolidated Oil conv
105%
•112%
J-J
.
debentures
debentures
4105
J-D
J-J
3 Vis
.1977
3s series L
-1951
Conn Ry si L 1st & ref 4Vis
.1961
Conn River Power s f 3%s A
Consolidated Edison of New York3 Vis
105%
f-&
V
.1977
debs
,
*104Va 105%
J-J
Gulf Mobile 'Si Ohio',4s series B—-i.l978
f
mtge
1st
72%
J-J
SVeS-.ser^K.———^-1960-
ADebentures
>
102 y3
105
'
L
r
bitge
i03V«
F-A
1st extl gold 4s.
—1970
Columbus & Sou Ohio El 3V4s_—.
.-1959
Columbus & Tol 1st extl 4s—
Commonwealth Edison Co— v
Conv
'
Gen mtge, 3.% sv ser M———1980/
AGfeeif BAy & Wekt: deb ctfs A——--—.
•
iii
.5
109 Va
102%
M-S
..1948
5s
73
'0—/'.
M-S
5
fntge 3%s series I——-J—1967
Gen
14
103%-'
vv,103
-i
•
Gen
■
J-J
..1961
Columbus & H V
55%
.
j-D
,
-——-1953
b——---—.--1973 >
Gen
i'.-vy,
105% 108
1
■:>
109
..1952
4%s (stamped modified)
^Columbia Gas & Elec deb 5s
;-J
8
72'/a
—
General 4 Vas series
92
83
' 88 Va
deposit-
General 4 Vas series D
.94%
s
.1948
3Vis gtdCleve Short Line 1st gtd 4Vis—
Cleve Union Term gtd 5Vis_j.—
1st s f 5s series B gtd
1st 6 f 4 Vis series C
Colorado & Southern Ry.—
128%
99%
72%
deposit——.—.——,
General 5s series
99%-
94% 100
V
106% 106%
J-J
J-D
Series D
M-N
••
——1969
Great Northern Ry Co— '
General .5 Vas series B
106%
•
.1993
3 Vis gtd
C
Series
.1956
Goodrich (B F) Co. 1st mtge.2%fi-1965»
Grays Point Term 1st gtd 5s-—1947
91:.
22
98 Va
*97
J-D
J-D
•
95
;
v
98
J-D
RR—*
Pittsburgh
of
Certificates of
28
13%
102
*106% 107%
J-D
series E
.1991
Cin Wab ft M Div 1st 4s
-1990
Bt L Div 1st coll tr gold 4s-—.
.1970
Cleveland Elec Ilium 3s
Cleveland ft
debs—
inc
conv
Certificates
74%
129
74 Va
M-N
F-A
Ref & impt 4 Vis
132
50
73
M-S
1974
Steel Castings 5Va8__
—1949'
JAGeorgia & Ala Ry 5s
-Oct 11945
108%
78%
63
67
J-D
-1993
—.
—
deposit—
Gen
90 %
80%
-1974
——Z
General gold 4s—
105%
117%
120 Va
.mm.
g
A4s
104 Va
68 Va
A-O
.1969
mtge gtd 3%s
1st
of
Gas & Elec of Berg Co cons 5s
-1949>
General Realty & Utilities Corp-
94
103
104,
J-J
.1967
*
Terminal—
Cincinnati
104
8
«...
129%
72%
5s series A
f§AGa Caro & Nor 1st ext 6s——1934
.i960
i
106%
100% 100%
J-D
..
1
132
*125
•:96% 119 %
85%
857/a
F-A
—1943
——1957
5s-——1952
s
& ref
.1959
99%
27%
J-J
4s-—-1952
.—1962
Elec 3 Vis
Cincinnati Gas ft
'99
106%
105% 105%
105%
J-J
.
;
i
...
•
1
1963
*§AChilds Co deb 5S{ADebenture 5s
tAChoctaw Ok Si Gulf cons
J-
101 Va
•
*__
Francisco Sugar coll trust 6s
A-O
-——1903
27/eS ser G
Chic Si West Indiana com
1st ft ref 4 Vis series .D
99
":V
:t
102%
117%
97
deposit——y
1st mtge
99
*106
:••:
J-J
105 »/a
100%
1
117%
95%
102
"2
100% 100%
M-S
:
102%
88
y 123 V
102%
*104%
■
J-J
.1943....
rciuiismur
oo
ACertificates
.-41
•
102
102%
•
A-O
M-N
Certificates of deposit
IFlorida East Coast 1st 4%s.
F-A
gold 4s__<_
..1951*
Chic T H & Southeastern 1st 5s—1960
Income guaranteed 5s
Dec 11960
ACertificates of
T£J-J
^'i
.1961/
UCUIP
108
105
95 Va
96>/2
100
f
29%
11
23 Va
23
115
103%
106 Va
115%
*101'A 101%
j-j
97%
15%
J^J
Memphis Div 1st
Chicago Union Station—
1st mtge 3 Vis series F
:
106%
115%
*—
■'■■-A-O
104%
68
91
24 Va
22
••
J-J
1951
,
107
116%
'
*107% 108 Va
J-J
1934
1952
1960
1951
5s
105%
i
1990,
2000,
110
84
•
deposit——;
of
103 %
'
-2013
-
ACertificates
102%
*106
*112
-
90% 100
78
1
High
Low
NO.
High
•
1017/«
*92
24 Va
J-J
Jan 1 2000
fARefunding gold 4s
lASecured 4Vis series A
AConv gold 4Vis
Chicago St L & New Orleans
'v
;/ January
*102% 103%
"
t;
1968
.1962
;
Co—
99%
96%
;y,i 75 Va
stamped
Empire Gas & Fuel 3%s_Ine. Railroad
•
140
132
V:
-1
*97 Va
J-J
1927
tChicago Rock Island & Pacific Ry—
A General 4s
1988
Gold
78
J-J
Western Ry—
2nd mtge conv income 4 Vis
1999
1st mtge 3s ser B
1989
ISAChicago Railways 1st 5s stpd
.
5s
76%
99%
98 Va
95Va
J-J
1975
part paid
67%
J-J
Chicago & North
25%
68%
•60
95 Vi
M-N
May 11989
B__May 11989
A Gen
May i 1989
AGen
May 11989
AGen
May 11989
tChic Milw St Paul ft Pac RR—
:
AConv
104%
42
J-J
1947
gold 5s series A
adjustment 5s
21
Sold
M-3
El Paso & S W 1st 58--------1-1905,
■_1971
gold 3Vis series
4 Vis series C
4Vis series E
43/4S series F
AMtge
Elgin Joliet & East Ry 3%s
•;
J-J
A
series
4s
AGen
i
115 Va
106%
*__•
J-J
5s series A
A Gen
-
ll5Va
112%
*140 Va
J-J
1947
gold 5s series B—1947
C
111%
40
68 y*
J-J
1960
A 1st & gen 6s series B
May 1960
Chicago Ind Si Sou 50-year 4s
1958
fChicago Milwaukee Si St Paul—
&
A 1st
—
M-N
6s ser A
ARefunding 4s series
8
113 V4
Range Since
Bonds
Friday's
-'A-O
J-D
Elec Auto-Lite 2%s debs
112 Vi 112 V2
113
M-N
-
gold 5s
—1982
Chicago Gt West 1st 4s series A
1988
A Gen inc mtge 4 %s
2038
tChicago Ind & Louisville Ry—
ARefunding
/
1
Chicago Si Erie 1st
ARefunding
113%
F-A
1997
1985
3%s ser B
1st mtge
112 Vi
or
Bid & Asked
Low
104% 104%
J-J
F-A
1958
—1977
1974
General 4s
Sale Price
High
t
Quincy RR—
Chicago Burlington &
Week's Range
Last
Period
Excitant#
New York Stock
Range Since
January 1
Bend*
Bid & Asked
Sale Price
Period
s
BONDS
Week's Range
or Friday's
Friday
BONDS
New York Stock Exchange
ending august
116 Va
119%
151
158 %
gold 3%s
registered
Lautaro Nitrate Co Ltd—
Alst
mtge
income
reg
1997
-1997
M-S
6%
8
J-D
109% 110
105%
110%
J-D
*108'/a 109
102%
108
i
1975
Dec
*53%
55
50
61
Lehigh Coal & Nav s f 4'As A__. .1954
1st
5s
.1964
stamped--—
.1st & ref sink
stamped
—
,5s
Leh
Valley N
gtd 5s
.1954
83
87
25
4s
.2003
——
registered——
4s
57
M-N
95
A.
stamped
45%
141
.50
60%
56
56
57
17
47
M-N
647A
63'/2
65'A
59
55%
85'A
20
79
3Vis
deb
4s
deb
4s
5s_195l
1965^
1951
.1962
Liggett & Myers Tobacco 5s
Miami gen 4s series A.
Lit.e
1949
Long Island unified 4s
Guaranteed ref gold 4s—
1949
1949
Lorlllard (P) Co deb 5s
1951
3s debentures
1963
Louisiana & Ark 1st 5s series A—1969
Louisville Gas ft EJec 3'A3
—1966
stamped
4s
Louisville
&
84%
A-O
*132'A
_3
*115'A
119'A
—
1st
.
116
107
106%
108
1
106%
107% 1
118%' 118%
2
118%
120
103 '/2 104
7
103%
105%
2003
-.1946
1980
1955
F_
2(1 gold 3s
Div 4s
103
10
105%
107
107%
15
5
M-S
*102'A 104
M-N
*116'A
A——1960
Steam
'
37'A
25
45%
69'A
71
51
61
81%
108
70
& Pow 3Vis
17'A
61
4%
101% 101%
1
*831/4
.
..1965
1940
v..™
48
& Bost
1st 4%s
1946
MS
33%
*
A-O
Norfolk Southern Ry
82'A *;.
4 Vis
mtge
90'A
75
92'A >
;
■
.
34
50
107
4
107
44
109%
1
107
" 108%
3
f 89% 102%
33'A
102%
*24
16%
25 Vi
(Minn)
1st
102
109
109
*86
107
107
States
98%
105
75
89%
'89%
103% 1071/4
108'A 109'A
233
99%
110%
106
107%
27
93%
110%
2047
107%
106'A 107%
57
931/4
110%
104% 105
*103
103'A
3
1041/2
107
102
104'/a,
107'A 107'A
3
lC7i/a
110
25%
28
20%
series D
-
Co—
Power
1st & ref mtge 3%3
1967
...1974-
1st mtge 3Vis
1964
Ohio Edison-1st mtge 3s
2%s
mtge.
23%
1974
100
J-J
70%
71
79
69%
81
1990
J-D
87'A
881/2
83
77'A
93%?
cons
Guaranteed-stpd
cons
gold 5s
5s
!
Oregon-Washington RR 3s
89%
4
82
17
••••,
98
1061%
300
101
i 100%
100
1946
103%
8
100
102 Vs 102'A
5
102 W 103%
2
103 %
1031/4 1031/4
1051/4
103'A 105%
5
105%
19
105
104%
106%
t
88
102%
A..1960
ser
30%
103 7/a
103 V'b 103'A
1948
1st
100%
100
1946-
Ore Short Line
1:;
f
15
33
104'A 105
—.....1975
;
Oregon RR ft Nav con gold 4s
106
95
1991
87'A
109
107%
Oklahoma Gas & Electric 2%s____1975
87'A
87
109%
JOgdensburg & Lake Champlain Ry—
Alst guaranteed 4s
1948
;
99
J-J
71
' ;
2047
120
97%
98'%
J-J
72%
21
173
81
____2047
116% ;
104%
J-J
1962
88
-
85
iij-
111% f
r! 91% i
1st
1962
106'%
107
mtge 2%s__
(Wise)
*.—1971
lien 5s series A
115
1
107%
*98
87%
128
108%: 119%
13
V
82'A
136
107'A "
A 89
107
102
105%
A-O
1st 4s
impt 5s
F-A
MS
.
impt 5s series C
Northern
J-J
1939
impt 6s series B_.
&
'
__
115
136%
124
6
116'A
80
84%
75
,
133%
136
115
...2047
&
102%
47
23
116
Jan 2047
i.
■A
64
*1271/2
1997
2047
Ref &
100
62'A
136% 136%
1974
series A
& Id gold 3s
ry
•
*138,
Ref
106'A
1G0
64
136%
1974
impt 4%s series A
99'A
—
25%
;
Pacific Ry prior lien 4s__1997
registered.
100 »A 100 %
J-D
& ref 5s
registered
3s
-
1998
2014
Ry 1st gold'4s_1998
gen
ref 4%s
&
A-O
J-t>
77
*
A
Ref &
?■'
105%
104
*104% 105
M-N
3'As_1969
1940
Northern 1st ext 4Vis—1939
ext 5s
Central
4s
Co—
series
mtge 5s conv inc...
Gen lien
101%
80'A
105 'A 106%
98
110
1
107% 107%
*60
M-N
35
93%
106
108
107
AGen
—
48
11%
49
1953
1st 5s A
Ref
*93-
80
26
V
34
1960
1st
r8
85%
85
107%
52%
73
33
108
105%
111%
100'A
101
*100
M-N
.
89
105%
83%
*45%
1937
17'%
74%
*106'A 107
*72
30'A
101%
101
*105% 106'/a
1963
5s
61
131/2
108%
107%
24'A
12%
24
1955
Corp 1st 3 Vis
20
23'A
108
1992
108
102'A
Missouri-Kansas-Texas RR—
Prior
36%
97
*96% 102
116'A
*104 'A 104%
Mo Kansas & Texas
93%
1957
1967
102 %
68 %
*100%
4Vis inc ser A
mtge 4s inc ser A
A Gen
82%
84'%
1943
Gen
*107'A
mge
741%
63%
45
Niagara Falls Power 3%s_..
Paul & Sault Ste Marie—
Minn St
56 '/a
43
88
?st gold 5s
:
Telephone 3'As series B
Northern
M-N
§ Con sol ext 4 Vis
/ 'r. a 1st
10
72%
861/2
1954
gold
10111
16
77%
M-S
Michigan Cons Gas 1st mtge
A
65
71'A
86%
41/28
114'A
1951
3952
..1979
Sag 3 Vis—
gold 3'/a8
Ref & impt 4 Vis series C
}§ AMilw &
65
71%
4s
t§AN Y West
Central—
1st
.
77
a
gold
100
'
—
77%
77%
J-D
f §AMidland of N J 1st
57
Y
N
105%
101 hi 101 ih
F-A
coll 4s ser B
1954
Manati Sugar 4s sink fund—Feb 1 1957
A Manila Elee RR & Lt s f 5s
1953
A Manila RR (SoiUiher-n Lines) 4s
1959
McCrory Stores deb 3'A—
~—1955
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5 Vis
1950
f§AMet West Side El (Chic) 4s__1938
Central RR 4%s ser
mtge &
Lans ft
59
1940
4s
5AGeneral
M
Jack
77
66%" 67%'
67
A Terminal
22
108 Vi 108 Vi
108'/a
A-O
J-D
Micmgan
57%
Power &
North
1st
22
1948
Norfolk & Western
Maine
75
67
"
105% 105%
M-S
56%
!_1950
3%s
4s——.
5 A 2d
"
104'A 104%
104%
56
7
*§AN Y Susq & W 1st ref 5s..___..1937
' A
3
106% 106%
J-J
2
65%
Niag Lock & Ont Pow
Paducah & Mem Div 4s
Atl Knox ft Cine
Y
N Y
106% 106%
118%
74%
64
6s
6s
N Y Queens El Lt
•
MS
A-O
76%
64
64'A
Light 1st mtge 2%s_1975
N Y ft Putnam 1st cons gtd 4s
1993
Nashville RR—
St Louis Div
deb
AGeneral
N
MS
F-A
107
58%
—
66%
..1954
tAN Y Ont ft West ref gold 4s
•
121
106%
MS
100
91%
t A Harlem River & Port Chester—
132%
109'A
119'A 119'A
A-O
M-N
115
84%
"'
64%
,,.1947
i
Alst & ref 4Vis series of 1927___1967
93%
127%
__
—
ref M 3%s series
1st &
A-O
,
116
64
..1950
v
Lehigh Valley Terminal Ry ext
Lex & Eastern 1st 50-yr 5s gtd
>66'A
1955
ADebenture
76%
'
.1947
31/28...
AConv
,66%
58
130%
6
98%
deb
71%
59%
24
.
94%
deb
64%
M-N
Hiqh
115
4.
114% 115
'
94%
7
4s__-.
ADebenture-certificates
69%
62
*54
.
98 'A
ANon-conv
96'A
47
'
Low
~2
116
M-N
ANon-conv
91
116
M-N
ANon-conv
?
74
204
58%
56
;
.2003
-
.2003
modified.
—
4 % s registered.—..-—- .2003
.2003
5s stamped modified
;——
4'As
,
deb
§ ACoilateral trust
Valley RR—
stamped modified
Lehigh
J-J.
January 1
108% 116%
...1973
series A
4s
Range Since
Sold
No.
—
1973
West
ANon-conv
:
80%
15
85%
J-J
90
&
Lack
ANon-conv
95%
88%
2
79 Vi
81'A
F-A
.1950
-'92
Y
*116
...
Bonds
High
$N Y New Haven & Hartford RR—i
93
87'A
10
89
.1974
——
89
J-J
4 Vis series B
"
89%
'
N
>.
92
—
97'/2
89
F-A
Y 4%s ext.—
Harbor Term
Val
Lemgh
.*94'A
.1974
fund 5s
•
*94 'A
.1964
-
100%
98
102%
2043
;
Mtge 4s series B_.
A
100%
100%
*97
Week's Bancs
or Friday's
Bid & Asked
M-N
2043/
Mtge 4s series A
100
2000
gold 3%s.
& Harlem
Y
N
106
99%
'•85
.1954
f,
106 %
104
106
99% 100
.1854
>■53 •. stamped1st & ref sink fund 5s_■
104%
>;
Valley Coal Co—
& ref sink fund 5s.~—
Leiugn
Last
Sale Price
Low
Hioh
Low
llioh
106
*
Lehigh & N Y 1st gtd gold 4Si.r„ .1945
Stock Exchang*
January 1
106'A 106'A
"
106
.196a
Lehigh & New Eng RR 4s A
v
—
New York
:
Interest
Period
Range Since
Bid & Asked
Low
Friday
BONDS
Friday;. Week's Range
Last
or Friday's
Sale Price
,
"
40-year 4s- series B
Prior lien 4%s series D
1978
Jan 196T
AGeneral
AConv
98
91%
™1968
1973
—1977
—,..1978
F-A
90%
90
G
1949
gold 5 Vis
& ref gold 5s
Alst
::
series H——1980
1981
ref 5s series I—
Alst. &
.
—
ref 5s series
ft
Alst
4s—
ref 5s series F
Alst- &
A-O
Moh'k ft Malone. 1st gtd
gold 4a—1991
Mohongahela My 3 V*s series
B—196ft
Monongahela W Penn Pub Serv-—
'1st mtge
'
.
<
33
■
•
-74%
73
98
89%
641/2,112
:
M-S
50%.
MS
91
M-N
90%
91%
,
'.48%
Pacific
91%
.
:*
648:
14%,
91%
•81
72%
91%
575
k,
105 y# 106%
1st ft ref M" 3s series K
1st &
1965
Montana Power. 1st & ref 3%s™—1966
Montreal Tramways 5s ext
.1951
Morrell (John) & Co 3s debs
195ft
Morris & Essex 1st gtd 3 Via—;
2000
vConstr M 5s series A
——1855
Constr M 4Vi8 series B——
1955*
Mountain-States T ft T 3'As
—1968
Mutual Fuel Gas 1st gtd 5a„ .
.1947
——
A-O
1st &
J-D
210%. iio%:,
110%
105 %•
105%' 105%.
•
J-J
*100
*
M-N
.
101'A-
101%
102%
71/-'.'
70%
71%
M-N
79%
79
8C%.
74-%. V
67*.
M-N
73%.
-
j-r»
M-N
72%.
•
'
v.
*105%
107%
4•'
;»•
4'
Dairy Prod 3'As debs—
—1960
National Steel 1st mtge 3s—..—1965
J-D
106%
106% 106%
lANaugatuck.RR 1st gold 4s
...1954
Consol Gas cons 5s——1948
M-N
Nat
Newark
fANew
..
1945.
1945
1952
1961
England RR gtd 5s—
AConsol gtd 4s
Tel ft Tel 5s A
gtd 4'As series B
N J Junction RR gtd 1st 4s—.
New-Jersey P & L 1st mtge 3s
New Orleans Great Nor 5s A
N O ft N E 1st ref & imp 4 Vis
New Orleans Term 1st gtd 4s
New England
!>-.<
ACertiiicates
Alst
5s
series
of
.
79%
107%
110
44*
'"j
7 96%
105
J-J
101%
J-J
< 99%.
J-D
114%
.
•<*96
12
'.100% 101%
99%
7
■,114% 114%
1131/2
17 /,
100
.
5s
series
106%.
104 'A
108
106% 107
104 %
107%'
J-J
'•/
*■
/>/
v
deposit
;
...
A-O
••
Alst
deposit.
—.
v
.••
i-V
of
deposit
of
•
93'A
—.
F-A
4Vis series D—
A Certificates
-'v
•
™
/j
93
-
—i.'
94
1
93
5Vis
series
ACertificates
N
Y
A-O
deposit
96'A
1998
.2013
Central RR 4s series
Ref
Ref
&
&
97%
impt 4Vis series A.
2013
impt 5s series C
;':v
F-A
93%
A-O
89%,
A-O
94%
1st
v
91.;':..
81
96
*
80-
97%
>
80
93
81
95
941/2
96'A
'. 93
38'A
93%
93%
89 '/a
95
83'A
18
T
-
Vis—
1997
registered
—1997
Lake Shore coll gold 3Vis
—.1998
3 Vis registered
1998
Mich Cent coll gold 3Vis———1898
3Vis registered.
1998"
Y Cent & Hud River 3
3 Vis
.
J-J
J-J
F-A
v.
105'A
•
.
'_L
F-A
*89
93%
^ ■•'■■"
94%
153
781/2
94'A
172
87 ; • '
100%
12
971/2
—
87
34
83
91
90
■
Ref
mtge
Ref mtge
3%s series D—
—1975
3'As ser E———1980
J-J
J-D
N
Y Dock
1st
gold 4s
N Y Edison 3V4s
1st
lien &
ref
A—
...
seriesJD—
ref 2%s_
6
106
105% 106
27
101%
1011/4101%
24
3'As series E
N Y Gas El Lt H & Pow gold 5s
Purchase money gold 4s
For footnotes see
page
A-O
107
1071/4
9
V951
F-A
104'A 104%
104 % 104 7/a
11
A-O
104%
1966
A-O
107
1948
J-D
1949
F-A
588.
107
14
—
19
108%
107%j 108%
124'A 128%
118% 124%
11
126%
12
10
131
121% 122%
32
118%
126'A
10
118%
40
103%
126%
106'A
15
102%
106'/a
107%
109'A
105
105 %.
86'A
87%
5
78%
57
,
57
5
49%
*106
;
88%
•
70
15
98'A
100%
:>> 2
1037/8
106%
131%
i
138
~
128%
*131% 132
105%
.2
131%
IO51/4 108 '/4
102% 104'A
102 'A 1021/2
J-J
14
101%
102%
18
10;% 104'/a
67
203%
290
104%
106
106
107
32
105'A 105%
102% 102%
J-D
M-N
302
254
102
235'A 254
M-N
*106'A
1963
MS
1937
J-J
>
*106% 106%
.1962
91 y4
107%
99
*137
F-A
M-N
98'A
134
106'A
■■>''' -A-i''
__
104 'A 104 'A
J-D
J-J
;
107%
108%
*107%. 108
Reading Coal—•
Income..
Apr 1964
—
deposit
'
'
1
•—*..
9
30
1964
F-A
M-N
*101
J-D
15%
30
27
10; y4 103%
*102'/a 103
1943
1949
guaranteed gold.__.1953
G 4s guaranteed..
1957
H cons guaranteed 4s
i960
•
1041/4
15%
24%
22%
*17iA
Phillips Petroleum 2%s debs
..
Series
105
Series I cons 4%s
Series
97
94
cons
guaranteed
series A
.a
>
:
106'A
109
1st mtge 4V'si series B____"
124%
127
131%
23
128%
134
133 y4
11
103% 108'A
4
127 j
131
A-O
133
A-O
J-D
1311%
106
J-D
1958
J-D
96%
96%
96%
95
97
A-O
95%
96%
.1948
J-D
\
1st gen 5s series B
106'A
10.9
113%»
1st
gen
109
110%
*st
4%s
5s
series
series D_,
C—;—:
F-A
1962'
—1974
J-D
.1977
J-D
*106
136
105
109
104
106
1061/4
10$ % 106'/a
*104% 1C6
J-D
12§'/a
IOI1/2 1041A
*103%
M-N
/.1950
126'A
1
127
A-O
111'A
114
123
■
.I960
& Ash 1st 4s ser A
114%
'
.1959
Pitta Young
107%
113 y4
11^%
—
1st mtg^ 41/2S series R:
6
--
*126
'
107
133'A
11*
~~A
'♦114
F-A-
'
1st mtge 4%s series C,
,
100%. 1047A
104
*116'A
F-A
M-N
1975
Pittsb Coke&Chem 1st mtge 3'/2S-1964
Pitts Steel ,.lst mtge 4%s
*
1950
102
r—
106%
*113
M-N
4%s__1964
1970
1975
Gen-mtge 3%s ser E__
.
F-A
1963
Gen mtge 5s series
105'A 106%
102
J
Gen mtge 5s
,
95
91
loi'A
F 4s
8
107
1111/4 111%
*109'A
107%
105% 106
mtge 6s
of
106%
121%
105'A-
—1974
1st s f 4s_
108%
9
108
.
1952
M 2%s
107%
82%
88
1965
1965
107%
106%
108
.
B.___—197*
Pitts & W Yw 1st 41/2s series A
N Y Connecting RR 3Vis
IO51/2
17
123% 123%
3%s ser D-.—1980
debentures
Seriis
York Chicago ft St Louis—
New
—
130
Pittsburgh Cine Chi ft St Louis—
Beries D 4s> guaranteed.^
Series E 3'/2s gtd gold.™,.
.
99'/a
>811/4
90
*68
106%
108 VA 108%
99
82%
104
93
'
121%
*
1977
196P
1971
1967
JSAPhilippine Ry
.
101'A
83
■
F-A
F-A
104
*__
104%
.
105 i/a
--
121%
,
..1932
Philip Morris Ltd deb 3s
3s
175
4
:
109% 111
'>
121
.
Union Ry 5%s_—1974
ACertificates
95%
v
114
125% 126
4s ext..——_—1960
series
5s
ref
and
AGen
97%
3
s
105%
112
108
Apr J990
Philadelphia &
98'A
?
10
2
93'A
91
77
'-5
93'A
—
.
126
.
F/__™._^—1985
;
1947
gold 4%s series C
Philadelphia Ca> coll tr 4%s
Phila Electric 1st & ref 2%s
Series
N
*108
1984
General
deposit—
A
of
General
1st &
80
31
•
93
93
107
106%
103%
;
—
*108
198P
Phelps1 Dodge conv 3%s deb
Phila Bait & Wash 1st gold 4s—
■:
86
"
Alst
1968
;
4s
ft Pekin
77
''
*78%
93'A
••
F-A
AIncome
70
CO cn
00 iH
110%
*111
1965
;
:
ser
Pere Marquette Ry
Mexico Ry—
C
ACertificates
-
1081/2 V
*107% 108
J-J
*_.''
109
107%
110
*106
100%;
104
*105
.
Conv deb' 3V4S
Gen mtge 3%s
Peoria
107%
*100'A
J-J
A-O
A—
B
4%s series E
Peoria ft Eastern
115'A;
107%
105%
F-A
M-S
1983
1952
1953
106
105%
■
*103'A 105
Peoples Gas: L & C ref 5s.
123% 126
1974
B
ACertiiicates of
Alst
;
107 ■ i
'112%!;;
i: A 104%;
125%
*125
"
!.>
f
95."/ 102 %r,
4
9
.
series
series
Gen mtge
io6%;-
111
5s
General 4 Vis- series D:
104
t
*_.
1974-
;
104%;
1081/4
'
23
mi'mm
106'/a
106%
.
Pennsylvania RR—
Consul gold 4s
*
—194ft
; 4s sterhstpd dollar™
May 11948
Cons sinning fund 4%s__
196ft
...ft
106'A
111"
111
104%, 108
107
106
*106
*107% 108'A
:—1981
'
4%s debentures
2
,104% 105%
35
*106% 107%
■
4
*107
M-N
inc 5s series A
jANon-cum
104%
<
J-D
1986
1st
fNew Orleans Texas &
A-O
:W
.
106'A
A 106% 1071/4
106'A 106%
ref 3%s
General
101%; 102
106
196ft
ft
General 4%s
101%
L 4a aerlea A—-1978
106
^..196»
N
F-A
Nash Chatt ft St
107%
107'A
ser D—
1st
109% A
10
rv..
,
105%
105
Penna Power ft Light 3%s_
105%
107%' 107%
8
4
/
77
86%;
/ 64%
106'A"
107'A
107
1966"
series B
1st ft ref .41/2S
7
103.
62%
33
37
•■•••:
108%
107
—.1979
Pennsylvania-Ohio ft* Detroit RR—
101%);
69 'A.
J-D
101.: 102%
106
10T
Pennsylvania Co—'
Gtd 4s series E trust jctfs
_^__195ft
Pennsylvania-Glass San'd 3Vis..
196ft
113'A>
96 v.;
1
107
Paterson ft Passaic G ft E cons 5s.l94ft
104%.. 106%)
*
,-V
106
107
Jlef mtge 3'As series C
^...1966
Paducah & 111 1st s f gold 4%s
1953"
Panhandle East F L 3s B
196ft
108% i
110'A
5 <
;.12.;a.
y'
ref .M 3s series MA
Pacific Tel ft Tel 3'As series B)
f
105%
*105% 106%
ArO
ref-' M 3s series L
106
'
91%
■
13
102i/4l02'A
'
95%|
105% 107
4
102'A
-^.197ft
^.1971
r._1974:
95 %<
v
79Vi
87%.".
F-A
1st ft ref mtge 3s series J
43 V*f
721/2.
M-S,
..1948
Co—
__1966
i
,
72Vi", 95'A,'
90
90%
gold 5s
Electric
95»A<
•
89'A.
90%
F-A
1st
Coast Co
1st ft ref mtge 3%s series I
59%
73
>?'■ 75
41'A
38
39
A-O
;
!■
95
33
368
•
'
M-N
<72%
>;■
598
91%
89%,
65
.
51%
89%
:
<
v*
—I960
4%s——
debentures
6s
70 %
'■
y
79%
'791/4
Pacific Gas- &
^Missouri Pacific RR Co—
Alst & ref 5s series A
-
79%.
5s series A
adjust
A Cum
89
*87i/s
J-J
5
84%
6
84%
22
84%
106
99%
99%
99%
106
*125
*127
*117
=31
Monday, August 6, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
588
mini
Willi
t!
NEW YORK BOND RECORD
RANGE
Interest
Exchang*
Last
Period
Sale Price
.
or
Pressed Steel Car deb 5s
Terminal 4s-
1st &
ref mtge
ref mtge
1st &
ref mtge
"•■'■j-.'
F-A
*—
J-J
M-N
—
J-D
F-A
104%
104% 1043A
5
J-D
103 %
103
104%
41
104%
130
101II
105%'1
106'/a 106'%
49
105%
107%
105
1065/a
f
43'A
1
Standard Oil N J deb 3s
103%
103 Va
j
110
110%
1
110%
107%
—
debenture
J-J
60%
60
109%
105
107%
57
1011?
J-D
106%
-
663/4
,
<
103%
1053/4
103
106 3/4
M-N
♦104
106.
M-N
*104% 106%
104 Va
*101% 102%
101%
101%
111'A
110s/a
•
106
M-N
112
'
102'A
100'A
Transmission—
&
Gas
mtge pipe
Terminal
line 3s
RR assu
_1965
;
ol St Louis—
1953
3%s series B..1974
imp M 4s ser C
2019
Texarkana & Ft Smith 5%s A
.1950
Texas Company 3s deb——.
...1959
refund
Gen
s
111
J-J
f gold 4s.
R
106% 106%
A-O
106%
'*107%
J-J
107%
107%
102%
J-J
*107'A 1073/4
106%
107%
Ref
Cent coll 48—^.1951
Remington Rand deb 3%s_—
.1956
Rensselaer & Saratoga RR Co—
Gen mtge (4.7%
for 1945) due_1975
ReVere Copper & Brass 3%s
—i960
IJARio Grande West 1st gold 4s—1939
A 1st cons & coll trust 4s A—1949
J-J
*127
126
129
&
debentures
3s
104 Va
108
"4
103 VA
105 V*
M-N
103 % 103%
J-J
108% 108%
4
98%
70'/a
10
68%
70'/a
A-O
& Elec Corp—
Gen mtge 4%s series D
1977
Gen mtge 3%s series H
1967
Gen mtge 3%s series I—
1967
Gen mtge 3%s series J
1969
ISAR I Ark & Louis 1st 4%s—.—1934
lARut-Canadian 4s stpd
——1949
ISARutland RR 4%s stamped
1941
MS
110
108%
108'A
*109% 110%
1093/e
104 5/a
105% 1053/4
24
104
107 Vi
M-N
1053A
1053/4 1053/4
5
105 3A
108'/a
130
150
ref
5s
series B.
ref
5s
series
147%
*141
105% 105%
A-O
109%
70%
20
51
22
22'/a
9
16
24
25
8
17%
58
55'A
134
30
gold 6s—
2d
>
J-J
*106%
M-N
A-O
J-J
1947
J-J
104%
104% 105%
A-O
1043/4
1043A 105
;
.
|St
1st
Si unifying 5s—-—1952
gold 5s series A_—1990
Paul & Duluth 1st cons gold 4s_I968
JtKCShli gtd 4 Vis1941
Union Depot 3y#s B———1971
|§ A St P
Paul
Bt
Schenley Distillers 4s s f deb——1952
Scioto V & N E 1st gtd 4s
1989
ISeaboard Air Line Ry—
8a 1st gold 4s unstamped
—1950
ACertificates of deposit—
i;
.
•
ACtfs of
51
71%
63'/a
51%
;
37%
;50'A
!
.•Vi'
82'/a
85
83'/a
97%
72
100 Va
i
57'A
49
•40 Va
105% 105%
57
F-A
2
55 %
■
104'A
105 Vi
87%
114%
109 %
r
86
120
86%
119%
9
39%
53%
1
50%
50
49%
49%
39 VA
54
55%
|
39%
54%
68
67%
68
92
53%
67Vi
67 Vs
67%
25
52%
74
67'/a
67%
12
53%
74%
78%
105
101
100%
24
z<*3/4
24
:
V
49
104% 104%
J-J
28
104%
11
101%
103
101%
103
*103'%
J-J
71
71'A
F-A
101 Vz 101%
101%
103 7/a
J-J
105% 105%
105%
107%
126
130
103%
108% '
—1979
debentures-.-
J-J
107'A
107'A 107'A
107%
110'A
Pacific Co—
M-S
103'A
102% 103%
248
923/4
105%
M-S
99%
61
853/4
101% 1
*130
A-O
*103
A-O
105
32
,
1977
Gold 4Vis——
1968
Gold 4%s
;
—1969
Gold 4'/as
1981
San Fran Term 1st 4s_.
—1950
South Pac RR 1st ref gtd 4s——1955
(Oregon Lines) A
99Vi 100
—
'
F-A
*114%
M-N
*117%
85
'
'
103% 104
98%
10
104
109'A:!
1091A
—
V
V '
•»'
V
115
112%
■
••
*■
•-
v.'
•' t t
i
100%
103 Vi
32
*1033A 105%
M-S
J-J
M-N-
105
JOS
104 V& f
123
lOlVi
■
! •'
ii
109
105
107%
A-O
100%
118
100% 101
101
M-S
1995
106
•
V-i.
i*
'
;
Co
&
84
104
15
105
105%
39
104%
106%
131%
130% 131%
31
123
132%
103%
103% 104%
140
Wisconsin
95
95
•5
•
26
91'A
90
9a,
Apr
F-A
101
102
101
15
100% 101
A-O
102
1
>»
100
102 %"
*102
F-A
*71
Q-M
90
H
84'/a
1013A
993/4
;
103% 103%
100
102 3/4 5
102'%
6
'
M-S
103 Va
r
731% i
60
73
103%
105'%
<
1011/4
F-A
*116% 118
J-D
•
1173/4
i
106'/a
*106% 106%
V
102
117
*101%
J-D
107% f
107% 107%
3
110'%
I
A-O
1063/4
105% 1063A
12
105
107 Vi
/
J-J
1073A
1071/4 107%
5
106%
108%
•
107%
106% 108
73
923/a
J-J
May
107 Va
114
,
V
107% 109
10
106%
109
J-D
105%
105%; 106 3A
26
105
108
M-S
107%
106% 107%
27
1051/4
i;
108% i
102% 102'/8
2
1013/4
103'A :
109
M-N
M-N
J-J
87 Va
86%
87%
47
83%
83%
84
12
74%
■1
103% 103%
A-O
'{
;
9
*1171/4
lio3A J
1043A
1063% J
104
105 VA
117'/4
10
105% 105%
M-S
87
109%
*110
MS
1st mortgage 3s__—1958
90
78 Va
J-J
...——
117% ;
•
—.1960
J-J
.194}
1st 4s
J-J
84
82%
84
59
79
793/4
92% 5
M-N
30
28aA
30
65
19
38'A
29
29
5
106
106
1
95
•
—
1968
1971
Wisconsin Elec Power 3'As—
107
•
•
..2361
Wheeling & Lake Erie RR 4s_„—1949
Wheeling Steel 3'A series C
1970
■;
i
-
-
r
Apr
5s_™—1———-—1960
IASu & Du div & term 1st 4s
.1930
ACertificates of deposit..—...—
1013/a ;
153
99'A
;
■
..1958
......
lAWisconsin Central 1st 4s_.
ACertificates of deposit
}
241
100%
1955
4s lnc
mtge
Wilson
99%
99%
M-N
5s
Winston-Salem S B
99'/a 101'A
M-N
1073/4:
M-S
t 4s series
Registered
:
F-A
...1964
.—1963
1962
debs
109'A
104 Vi
1959
3%s debs—
Westinghouse El & Mfg 2y8s_—1951
West Shore 1st 4s guaranteed
2361
f
Va
80
66
Vi
s
30-year
104'/a
102 V2 102%
104'/a
M-S
t
J
81
*P4
*94
24
F-A
106%
18'
1053/4
;
74% |
M-S
17
1053A 1053/4
107'A
A-O
1980
'
'
series A
1981
Gen mtge inc 4'As series B_—..1991,
1st 'mtge *3'As ser B———:
1971
.Walworth Co 1st mtge 4s—
...1955,
Warren
Petroleum 3'As
1955
Warren RR 1st ref gtd gold 3%s_.2OO0,
Washington Central Ry 1st 4s—...1948
Washington Terminal 2%s ser A..1970
Westchester Ltg 5s stpd gtd..—..1950,
Gen mtge 3%s——_—
1967
West Penn Power 3%s series I—.1966
Western Maryland 1st 4s———1952
1st & ref 5'/as series A—
1977"
Western Pacific 4 %s inc ser A—2014
Western Union-Telegraph Co—
Funding 61 real estate 4'/as——1950
25-year gold 5s—
—.—1951
'i
107
107
106% 107%
J-D
._..1955
Wabash RR Co—
!
89%
*107'/a 108%
107
103%
■
133
*106
*106
106%
104
5
'
W
5
*106
A-O
104%
8
20
'
104%
104
■
106
; 130%
-
32
105
i
62
102%
*131%
203A
103
V-
'
RR cons g 4s series A
cons
Gen
M-8
M-N
__
•„
103%
<
■
A-O
•293A
*103
M-N
....1971
114% ?•
114%
i
'
...
Virginian Ry 3s ser B
;
95%
72
26
.-5
114'/a 114%.'.
1st
116% :
108
i;: 87%
'10
<41
83 %
82
J-J V
1970
—
B_;
;
1957
Virginia Electric & Power Co—
• . ' "
V 1st & ref mtge 23As ser E.:—:_1975
Va Iron Coal & Coke 1st gold 5s_. 1949
Va & Southwest 1st gtd 5s—A.
2003
Cons
,70
37'A
45
92'/2
Vahdalia
1
265
45%:
43%
Vi
'■{■
5
44'A
*49%
debentures———;—1950
Ala RR gtd 5s
South Bell Tel Si Tel 3 Vis
1st 4'/is
75
92
MS
debentures—-1961
Corp coll tr 7s—1941
South & Nor
Southern
64 Vi
—
fund
Socony-Vacuum Oil 3s
3s
62%
A-O
(Chemical Bank)_._
Alst cons 6s series A
—--194B
ACtfs of dep (Guaranty Trust)—.
ACtfs of dep (Chemical Bank)—
ISAAtl & Birm 1st gtd 4s
—1933
ACertificates of deposit
—
tASeaboard All Fla 6s A ctfs—
1935
Seagram (Joseph E) & Sons 3%s_1965
toneil Union Oil 2%s debs
—1954
Skelly Oil 3s
66% )
J-D
4s————-.1959
|§ ASilesian-Arn
68
48
116'A 116%
dep
2%s sinking
48'A
23
A-O
dep (N Y Trust)—
of
ACtfs
653
45
J-J
195u
8A4s gold stamped
ACertificate of deposit—.
8 A Refunding
61'A
60%
51
V
V
59%
;
3VaS deb
Universal Pictures
59
M-N
j-j
grant 4s
land
&
.
99
44%
AGen & ref
113%
'
-
3'As deb——
Ref mtge 3%s series A
United Biscuit 3%s debs
103 Vi
92 Va
20
63 %
M-S
| A 1st term
Sti
1st
'
35-year
104 Vi
98%
98%
*62 Vi
bond certificates——«—1981
inc bond ctfs———Nov 1989
4s
■A 2d 4s
99%
103'/a
Pacilic Rtt—
34-year
'
60'A
j-J
ACertificates of deposit stpd
Louis-Southwestern Ry—
-
j
95
59
of
ACertificates
106%
110
■i
*110'A 111
1945
1967
96 Vi
79%
100% 100 %
J-J
—1950
deposit—
•APrior lien 5s series B
1950
ACertificates of deposit——.—
A Cons M 4%s series A
:
1978
•:
»
103%
81
__
*_.
J-J
Ry
|St Louis San Francisco
APrior lien 4s ser A
:
103%
__
..
*__
—-
stpd———1955
Mt & P 5s
St L Rocky
*91 y8
M-N
-1933
103
105%
—
1971
Union
—re¬
§ Alst 4s stampedA Certificates of deposit—,
.
*94 y2
A-O
Gulf Division
River &
*103%
J-J
106%
Mountain & Southern-
let Louis Iron
1015/a
U
104%
105%
105
105%
A-O
1968
105
M-S
F-A
(Chic) 5s—
Union Oil of Calif 3s debs____.
Ltd 1st M 4%s
60'%
103
101% 101%
J-D
gold 4s__1948
Trenton Gas & Elec 1st gold 5s—1949
Tri-Continental Corp 3'% debs——1960
105'A
*103
94 Vi /
51
27
J-J
903A
54%
75%
J-J
Grand Island 1st 4s.,
1947
Adir 1st gold 5s—-—1998
103%
85'%
893A
55
-
J-D
Ham & Buff 1st
Toronto
70
70'/a
M-8
Bt Lawr &
106 Vi
102%
90
J-J
1960
Ry 1st ref 4s
Ave
Adj
t§AUnion Elev Ry
Bt Jos &
"-99%
1
102% 102%
102%
J-D
RR of New Orl 3%s__1974
Union Electric Co of Mo 3%s—
Baguenay Pwr
106%
9
•
106% 1063/a
J-D
IO53/4
100
5
A-O
•;
100%
10
105% .105%
A-O
Tenn
Pac
110
108%
MS
M-S
105
J-D
—2000
income 5s
Jan 1960
Tol & Ohio Cent ref & impt 3%s_-1960
*110
4
A-O
1977
C———%—1979
& ref 5s series D
1980
Gen
*125%
M-S
107%
Texas Pacific-Missouri—
79%
A
Gas
107
&
Third
Rochester
107
&
Gen
110
F-A
..I960
s
1st gold 5s
Texas & Pacific
Gen
8
107'/a 107%
107 Vi
r:
;
Ref & impt mtge
Reading Co Jersey
•
157
224% '245
101% 101%
107'/a
6
r->."1
106'A 107
60
J-J
1953
:
debs—-..J..1959
..i
:
1950
Swift & Co 2%s debs
1861
Oil Corp 3%
Sunray
t
108%
155
108
23As
.......1961
7
./■ 4
107'/a 107 3A
J-J
Superior Oil 3%s debs
1st
deb———...—1964
;
Apr
Tennessee
Quaker Oats 2%s
i
J-D
103%
—
108
:
High
Southwestern' Bell Tel 3%s B..J.J964
1st &: ref 3s series C^__._..._._1968
■;
25
*242 y» 256
—
Low
High
101
*151%
J-J
January 1
No.
108%
35
*110
—
Range Since
Sold
Utah
101%
103
■
Bonds
Friday's
94%
1st gold 4%6__2013
Btand OH of Calif 2%s debs^
—1966
*100%
M-S.-;
3%s—.—1968
3s——
1972
5s
...
2037
8s__
—2037
...
ASpokane Internat
103
—
or
Bid & Asked
Sale Price
104 Vi
5
"
—
vLast
.
:
hoto
*113
M-N
Public Service El Si Gas
1st &
*104%
.
Period
Low
No,
Htzh
100Vi 101
101
J-J
1987
..—1956
JAProVldence Securities 4s
I A Providence
•
J-J
Interest
New York Stock Exchange
Range Since
January I
Sold
Week's Range
Friday
BONDS
Bonds
Friday's
Rid & Asked
Low
J-J
1964
1966
—1977
—1951
deb__._:
Potomac El Pwr 1st M 3%s
1st mortgage 3 %s
-iPittston Co 5% lnc
3
AUGUST
ENDING
Week's Range
Friday
BONDS
Ne# York Stock
WEEK
FOR
Public Service 3y4S_.
351%;
20
,
A-O
106
1083/4
109
*108%
J-J
110% v
—
...
106
106'A
105%
105
J-J
A-O
A-O
J-J
v
a
1st cons
115
A-O
115%
.
119% 120
119%
A-O
*124'/i
J-J
109
J-J
953/a
111
5
not included
105 Vi
122
*Friday's bid
:
109 Va
106
,
tCompanies reported as. being in bankruptcy, receivership,
the Bankruptcy Act, or securities assumed by such companies.
116% 125
10
in the year's range,
§Negotiability impaired by maturity.
tThe price represented is the dollar quotation per
pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
117
117
19
—
109
sale not included in the year's range,
d Ex-interest,
e Odd-lot sale not
n Under-the-rule sale not included in the year's range,
r Cash ,sale
y Ex-coupon.
•
/ • ;
:
-Z
delivery
included in the year's range,
<
J-J
gold
5s__—1994
Devel & gen 4s series A1956
Devel & gen 6s
1956
Devel & gen 6%s__
—1950
Mem Div 1st gold 5s—.——-—1990
St Louis Div 1st gold 4s
1951
Ry
Southern
Deferred
A Bonds
anh asked prices;
selling flat.
•
"
\"
•
no
or
sales being transacted during current
VV
■.
200-
reorganized under Section 77 of
week.
■
V
•■:
3k
mmmmmsnmmmmm
NEW YORK CURB EXCHANGE
WEEKLY
in
a
and
28,
July
ending
and
the present
include every security,
Friday
whether stock
(Aug.
or bond,
3,
1945).
It
STOCKS
York
Curb
Friday
'
Last
Exchange
Sale Price
Low
Par
ACF-Brill
Aero
Co
1
Class
5%
5%
10
28'A
28'A
warrants
common...
compiled entirely from the daily reports of the Curb Exchange
is
itself, and is intended to
Air Investors
Convertible
common...
For footnotes see
2%
Alreon
32
Apr
Air-Way
22'A May
Alabama
33/4 July
3%
400
1.2Q0
9%
Jan
100
11%
Jun
3%
3%
600
,
'
5'A Feb
15'%
Jun
13%
Jan
2'A Mar
4%
36'/a May
3 7'A
Jun
Apr
50c
...3
Mfg Corp
Jan
Jan
14'A
Week's
Sales
Last
Exchange
Range
for Week
of Prices
Shares
Low
Par
73A May
Jan
12'A
3%
13 Va
Curb
High
27%
13%
......10
page 593.
Low
1,000
100
Friday
Sale Price
York
Range Since January 1
_3
(N J)
preferred..
29
3
STOCKS—
12 VA
0
common..;
AUGUST
19
J
Mfg
ENDING
New
.1
B
Associates Inc
Shares
Hiah
6'A
WEEK
FOR
Sales
for Week
1
Supply Mfg class A
A ins worth
Air
Motors
Wire
Week's
Range
of Prices
*
beginning on Saturday,
in which any dealings have occurred during the current year.
RANGE
New
week, and when selling outside the regular weekly range are shown
transactions on the New York Curb Exchange for the week
In the following extensive list we furnish a complete record of the
Acme
RECORD
YEARLY
AHD
deferred delivery sales are disregarded in the week's range unless they are the only transactions of the
footnote in the week in which they occur.
No account is taken of such sales In computing the range for the year.
NOTICE—Cash
Electric Appliance
Great Southern...
9Va
8%
53/4
$6
preferred.
$7 preferred:
:
1
Alles <fe Fisher common
Allied
Int'l
Investing $3
.•
___•
conv
pfd
.*
'
11,200
5%
400
3%
Jan
10
99%
Jan
123
118
109
10% July
6% May
132
July
5% Jun
9%
123
50
118
10
115 Va May
109
109
10
106
6'A
118%
Jun
July
Jan
110
Apr
10
Feb
48
Feb
■
41
1
High
Low
,
Alabama Power Co
Range Since January
Hiah
Jan
j.
Volume
NEW YORK CURB
RANGE
Week's
Range
Friday
STOCKS—
Last
Curb Exchange
York
New
58$
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
162
Sale Price
WEEK
EXCHANGE
ENDING
AUGUST 3
Sales »
for Week
Range Since January 1
LOW
High
Shares
of Prices
Hijh
Low
Par
FOR
List of
"
Allied
(Mich)———— ...10
Products
Class
A
...28
common
conv
preferred
6%
114
114
114
39
May
Jan
9
49
Jun
Jan
117
19%
Jan
101
100
17%
,100
Zioo
preferred
Co.
400
11%
47
48 y2
200
46
46
46
350
42% July
...28
A
6%
5%
6%
Cyanamid Co common
10
Foreign Power warrants-
37%
%
36%
377/a
%
3.400
5/a
20
19%
35%
35%
&
Fork
common—.—*
Hoe
&
—10
Electric
&
Corp common—10c
preferred
1
$2.50 convertible preferred
1
General
Hard Rubber
American
STOCKS
950
17%
Jan
4,600
31
Jan
38
Laundry
Light & Trac common
8%
Mfg
American
Maracalbo
Co
Seal-Kap
American
35%
1; 700
32%
Jan
2,700
17%
Jan
24%
Jun
Calamba
1,000
257a
Apr
29%
Jun
California
51
Jan
70
Jun
Jun
Canada
Bread
53%
Jun
Canada
Cement
12%
5,200
6%
6%
300
4%
Jan
1 %
1%
31,600
%
Jan
133 % 133%
75
120%
Jan
1 %
287a
6 % %
28%
30
'
v
7%
common.
-J
;—
Anglo-Iranian Oil Co Ltd—
Am. dep rets ord reg——..... .£1
1
Angostura-Wupperman ....
•
-Apex-Elec Mfg Co common.:
i
Too
Appalachian Elec Pwr AVi% pfd—
:
1
Argus Inc ■,
—.
Arkansas Natural Gas common—.
Common class A non-voting
5%
Jan
34%
Jun
Jan
5
Mar
Jan
3%
preferred..
Jan
I
;
Electric Industries—
American
v
>
,
6% July
20 % May
150
18%
Jan
4
Feb
100
20%
Jan
28
May
112% 113%
112%
100
111%
Jan
93/a
4,500
7%
Jan
9%
600
3%
Jan
6%
6%
8%
'
47a
5
Jan
47a
5%
6.100
37a
.Associated Tel & Tel class A
103/4
1,500
10%
Jun
8%
•i
7
110%
11
73A
10'/a
10
.
Atlas
,
Plywood
i
Corp
Products
;
Voting/ Machine:
Automatic
; Automatic
6#
33/4
175
14
:
14%
(L)
Baumann
12%
'I,
Central
Hudson
Feb
■.
Co
&
i
Apr
Jun
;
17e
Jan
4%
16 %
Jan
28
Mar
33
May:}
Jan
19
Apr];'
3% I!
374
-3%
4,100
50%
118%
50
New
Central
Ohio
102
Jun
Co
:
33
Gas
York
7%
'
8/a
ptd_.100
7
preferred
ser
Cnans
Cherry-Burrell
Jun
Jan
Chicago Flexible Shaft Co
May
Jan
26%
Jun
18%
16 % Mar
Jan
/
f.
Corp
70
,
~37a
Jan //
37
May
10%
Jan
153/4
Jun
200
40
Aug
43
Apr
10%
Jan
12% May
19
57a
6
578.
65
66
66 %
Convertible
preferred—
-r
3
35,800
go
"4%
"43/4
43%
123/4
19
127a
Anr
Feb
Feb
Cleveland
Jun
Colon
i
Feb
Colonial
87a Mar
113/4
Jan
20
106
Mar
9
Jan
12% July
Jan
31
43/4
500
37a
JUn
20%
6.500
16
,Jan
%' Jan
127%
500
117
Jan
500
11
Jan
85
19%
19%
124
12
12
10
107a
125
May
Mar
Jun
Patent
Colt's
5%
4%
153%
145
■
■
Blauner's
Bliss
'
•
'
WW
;
2%
50
$3
1%
(H C)
1st
Fire
—
4%
55%
Inc—_—:
14 7o
Jun
Jan
36/a
3%
Jan
574 Mar
Jan
57%
22
100
15%
Jan
247a
Jun
19
400
97a
Jan
22
Jun
38
100
-
1%
loo
7%
7%
Jan
135%
38
300
36
23
22%
23
III
16%
16%
17
i
478
4%
5%
Jan
7a
Jan
2
May
48
Feb
5,700
6%
6%
6%
400
•
3/a
•
•„
...
.38
3%
278
600
2,200
20
900
.
15
3%
17
Co
217a
217a
100
Apr
8%
Jan
22%
Jun/J
850
35%
Jan
43
Juni|/
45
28%
Jan
46% Mar
100
93/4
Jan
5%
200
5%
113%
'37a
4
18
2,200
53/4
5
7a
36%
35%
36%
92%
95
iV
32
34%
35%
250
Water
Service
1
l3/a
1%
Mar
20
Jun
35
21
Jan
23%
May
May
Jun
Am
'
Tobacco—.•
American
V
t
$3
Am
British
rets ord
reg_____
B
Class
-£1
19% Jan
-.10®
5% Mar
A
Bruce
(E L)
Co
Bruck
Silk
Mills
common
—
Ltd-
Hill
&
dep
page
Jun
Jun
7%
Apr
3%
Jun
57a
Jan
83/4
Jun
29
1,000
30
23
97
47a
300
"
97
5%
24
Jan
•500
20
Feb
10
91
25
Feb
33/a
1.1Q0
Jan
30
.2678
97
<
57a
Aug
Jun
Apr
Aug
Jun
9%
Mar
Jan
39
Jun
10%
Feb
,•
13%
12%
13%
3,800
10
Jan
13% July
28%
27%
28%
1167a
21,500
20%
Jan
B
Mining & Smelt
593,
Stores..
prior
25c
•
109
58 3/4
13%
-
——
American dep
Creole
Brewing
common;
—_
—5
Cork
International
Drug Co
17a
25,300
1%
Jan
23/4 May
Dayton
4%
4%
17a
47a
3
Jan
5% May
63/4 Mar
Class
47a
Jan
'
;
14%
57a
Apr
700
43%
Jan
87a
2,300
2 %
65
207a
47a
6/a
2,600
20%
800
104% 112/a
840
6
20%
V
"7% /"§
•
Jan
75/e
Jun
;
133/4. Jan
-
]
2374
Jun
/
113
104/2 Aug
207a
77a May
9%
Jan
.
I
21% May. 1
~3
400
2
Jan
4
Feb
/
95
96
60
84
Jan
109
Feb
i
38
37%
38%
300
27
267e
27%
3,300
3
3
100
2%
32
9%
37a
j
July;
|
10 %
Jun
Feb
40
Jan
Jan
May't
]
31% May
257a Mar
1%
1%
4,000
1
Jan
1%
Feb-
8%
8%
10%
100
8
July
11%
Jan.
97a
2,200
16%
17%
250
37a
37a
100
15
3%
25%
25%
26%
13
13
5,300
ioof
10%
26%
11
600
29
303/4
11% July
73/a Mar
29%
Jan
4%
Jan
Apr
Jan
28
11
Jun
227a Mar
31
Jun
12%
Jun
10 % July
38
Jan
Jun.
13%
Feb
D
?l
—•
Dejay Stores common.;
1
;
1
...
i
303/4
t
35
50c
II '
10
10
100
Jan
37
Jun
22%
Jan
34%
Jun'
35%
1,350
|
July.;
i
4% Mar
61
4% Mar
2.50
'
Feb
Feb.
'
Apr
32
•
Davenport Hosiery Mills
convertible
.
Jan;;
1%
5
Mfg..
•'
~3
2%
Sugar
A
\
"3
.25
common
Rubber
•'!
Apr
iS Jun
14 7e Mar
i:
Apr,«' '
Jan
900
U
•
Jan
■
950
!-
Jun
25%
15
~77a
May j
•33/c Mar )
Jan
6%
V,
Jun: 1
147a
Jan
18%
;
.
73/4
Jan
300
1,800
10
Atlantic
14% May
Jan
16 %
preferred
Refining common
Tobacco
Jan
110
27a
250
Lighting Inc common
Mfg Co (Mo).
Jan
;
106% May
10%
A
common.....
convertible
103/4
Jun
8%
...
preferred
Curtis
5 '
July
Ib
i..
Crown
Cuban
79
_1
Co
Crown
Curtis
Jan
118%
receipts (ord reg) _£1
Petrol -(Md)
$6
1
67%
1143/4 July
•
Cent
nei
12 % May
21%
III
.50
preferred
Crowley Milner & Co
Crystal Oil
43% Mar
Jan
95
-^1
Petroleum..
Crown
.50
2%^ Feb
Jun
2,400
7%
60
■.
f.;:
Jub
20
•
!
&
convertible
111%
200
'
2/a Mar
15%
30
.
_*
Petroleum
Cosden
300
6%
'
Feb
2%
104%
Reynolds—
$8 preferred A^.—i!—
Cor? von
1,100
6/e
58
20%
Inc d_
13%
•
1
Jun
7 %
193/4
—1
———*
Co..
Cornucopia Gold Mines..—;
Coro
123/4
1,400
Jan
Jan
~2%
..—100
preferred—™
6%
67a
lOo
Co—
Fdy & Machine Co
Continental Gas & Electric Cc—
1%
109
5
1
.10
.•
Ltd
Royalty Oil.__——
Steel Corp....™
Textile
115%
1
....
Continental
123/4
116
Jun
1
,
300
79
78
115
100
Utilities
Consolidated
Consolidated
100
;
32
36 %
Jan
il,
1,700
4
;
Gas
Consol
11
11
100
preferred
Consolidated
Consolidated
,
July J
41
17a
11%
1%
•
287a Aug
11678 Aug
1167a
Jan
1/64 Jan
*
preferred series C
4%
Cuban
33
35
.12%e
see
47a
rets
common...—
For footnotes
97
1
2.50
Surry Biscuit Corp
H)
Apr
|
95
:
j
113/4
1
Co
Biscuit
series
17a
Sullivan..
Corp Am
6%
20%
*
,
(P
;/
50
5
common.
Buckeye Pipe Line;
:
Buffalo Niagara & East Power—
$1.60
preferred..
$5
1st preferred
i—
Butler
25
22
30
t
*
prior preferred
Burma
65/a
A
preferred—
Brown Rubber Co
Bunker
25
——
Fence &r Wire common
Class
22
2%
25
Brown Forihan Distillers!.;
$5
227a May
Jun
Apr
27%
1
1946
to
preferred
Croft
—.
Power class A
Columbia
Brown
Feb
Ltd—
Celanese
Amer dep
39%
..£1
dep rects ord bearer—
dep rets ord reg—
British
extended
c
Gas & Coke Secur common
Conn
Courtaulds Ltd—
-
!
77a
41%
Compo Shoe Machinery—
5 %
British
Feb
Jun
Jan
600
warlants
Feb
Jan
j I
6%
203/4
71
10,600
25
Copper Range
Jun
,
34% Mar
1,240
-
Service
Southern
&
Cook Paint & Varnish Co.
6
5%
,
|
Jun
13%. July
Jan
May
'
800
Public
Jan
1078
/ 8
650
95
6%
37a Aug
3,200
17%
4
25
Jun
19
'
300
100
4%
r
«.'•
175/a
43%
Arms
247a
Jan
»
Apr
1%
Electric—
Jan
Feb
25%
3%
Jun:
Jan
300
42 3/o
warrants
Apr
67s July
,—-
14%
31
American Oil
Jun
July
,347s Apr
1,400
37%
———
Co common...;
Jan
32
12%
#
.....
Corp common—.——
Aeronautical
British
Feb
Jan
15,200
Community
Jun
51
Feb'
17%
1
Consol G E L P Bait common
Jan
9%
23/4
•
Consolidated
15%
110
Bridgeport Oil Co—
Mfg
900
»
Brewster
•
|v
Jun i
113/4
20%
•
common
15% May
Mar
10/a
'
2,000
.
Jan
Jun
Mar
17%
3i
-.25
.
Brillo
37a
54%
.100
preferred
Co.
Brazilian Traction Lgt & Pwr.
Breeze
'
3,100
27a
17
Junl
135
Jan
7a
100
—
preference
Commonwealth
•
Juh-: { .4
42
ordinary
Consolidated Retail
1st preferred
2d preferred.!.—
$5
Feb
22
Bowman-Biltmore common
1%
11
"
'
31%
4/a
19
CO common
Borne Scrymser
Bourjois
29 %
55%
?
(S) & Co—!
Blumenthal
Bohack
.
46
: 247a July
■
I/
V.
—.
Ridge Corp common
—1
optional convertible preferred
•
Blue
46%
7t 17a Jan
4,400
15%
'
313/4
—1
—
153% July
36% Mar
'
'
2%
15%
2%
U.—
•
;
—
common
Mar
Jan
'
Fdy & Mach Co com..*
common
(E W)
Jan
30
120
::;-
/
57a
133/4
?
•
;
Columbia Gas &
•
Jun,/',
«
Corp
Colorado Fuel & Iron
••
142
Jan
197a
2
2%
1
Mfg
Illuminating
Co
Febv
Jun;
87a
1,200
20%
.1
Utensil Co
Plow
17a
24%
9
107a
•
Airlines
•
'i
juns
3227a May
1103/4 Mar
Development
Apr*
403/4 July;
14% Febi
Jan
10
Co
Coal
13
| L
Jun:?
1273/4
Feb
11%
1,500
10
Lights Inc
Aluminum
Club
7%
18%
34%
100
l/a
57b Aug
Jan
./
.150
11%
1
—100
Homes
Electric
Clinchfield
Apr
..
36%
11%
_*
Clayton & Lambert
53/4
400
36
1%
t
|
Jun
21
Jan
117a
'
•
Jail ;■
5 %
35
Jan
36
;
? '
Junl
30% Mar
Jan :
112
1
Stamping
Neon
15%
30 34
100
•
Controller
Claude
200
'
Birdsboro Steel
107a
16%
100
127a
19
.
Feb
•
:
preferred B
Auto
Jun
19% July
4% Mar
2,400
[
Apr
32
Mar?.
78
May U if
20% Mar. •
>'
July ;
July
4
common
preferred
1,100
—.'
•
152
..
1
;
19
63
.25
common
City. A Suburban
578
87a
5
common..
Cities Service
>
__
-
4%
1
Berkey & Gay Furniture
Bickfojds Inc common
H Apr
275
11
147a May i
122%
2u
10
common
Consolidated Mining
'{Childa Co preferred
....
Cockshutt
30
•
*
Hedges common
Jun
May
Feb
5,300
19
4/a
.19%
37a
$6 preferred BB.
200
■
&
iI 4
Apri<;)'
107 3/«
12% Jan
1
Chief
Clark
6,600
.'
.100
Canada..
Bell Tel of
Benson
120
5
Chicago Rivet & Mach
60c
.V^'*
Feb;
10
100
;
Chesebrougb Mfg____
7% May
Jun/?
Jan
118
100
..100
29
common
Jun
15
29
118% May
104% Apr
100
Jun
18%
Jan
Jan
77a
300
105% 106
106
50c
div ser
Conv pfd opt div
9
■■
loo
preferred
Conv pfd opt
4%
Apr
29%
-
1.300
r
12/a
18%
•
—.
...1
I
Jan
Marti
19% Feb'i,.
10%
1
ofd
Utilities
West
{Cent States Elec 6%
7%
5%
1%
9%
100
Proaucts
Light
127b
40%
/
"43/8
1
;
10
77a July
1,600
9%
73/4
8
•
com
pfd
Power
Steel
&
Elec
&
24%
r ;
Jan
-
100
50% Aug
119% July
Jan
24
..1
Jan
12/a
11/a
40
-10
Feb
8%
.10
America
Chamberlin Co of America—
Jan
,
Jun
117
1
Community
Aircraft
Bellanca
42%
140
118
'
118
|
Jun;
21% July
14%
Power
Central
Jun
\
8%
...
com..
of
Central Power
Feb
I
,
Jun
5%
;?!
City
■'
—■*.'
Jun ; i
9%
50
pfd
Corp
$6
—•
common..
$5
(A M)
'
18%
8
—
L
Cessna Aircraft Co
.23
:
'/
^
32%
utt,
27%
;
Jan
6
common
&
W)
Feb
5%
...
12
..1
common.—
Beaunit Mills Inc
Co
P
Jun
10%
1st preferred
Brummel Ties
\1%
Beau
Carolina
85%
10%
v \
V.
53/8
common...—
Carnation
11%
:
200
shares:.—...
Refractories Inc.
25% May
25
,
July \ ?
9% July
108% Apr ;
•
Apr
.12
■/
"
mm mm
11%
.30
convertible A common.
$1.20
Basic
Apr
5
•
Jan
17%
300
...
„
12%
i'i;
—1
Steel Corp—.—
& Beelig Mfg—
Barlow
Jan
A
Castle
;■
warrants for common..
American
Barium
class
Catalin
los Andes—
de
Banco
Co
Jun
'
■
33
common.
&
Jan
17
July
7 .10% Feb
900
1,500
•
Babcock & Wilco* Co.
Rubber Co
July
108%
,
227a May
Jan
5
8%
•
2%
■
,2,800
127a
21
—
,
f."'
preferred
20
*
Alcohol-
77a
175
'•*.
Purchase
Jan
.1
Jan
B
17o
8%
43/e May ;
Jan
»
58%
1,100
4
12%
■
Ayrshire Collieries Corp.
Baldwin
678 Mar
Products—
17a Mar
Jan :'t-
'
Baldwin Locomotive—
1,300
7
"
3
25
,
8%
75 ..V
V.
207a
.
/'
21
•
(B F) & Sons common
preferred
—
Avery
nYo
Products
Jan
10%
Jan
1
3
101
■:
7 73
12%
1
—1
——
City
9%
Feb
3/4
100
'
./.
10/a,
s:
37a
.8
Drop- Forge common—
Atlas
5
7%
voting
Casco
'
■:1
'
—*
Apr
•
Central & South
.
;8
ioy8
5
Canadian Marconi
23%
Apr
9%
Fisheries.;.—.....—1
Atlantic Coast Line Co
50
Atlas Corp warrants
Jan
33/4
100
(J
113 Ze May
Feb
.1674 July
800
900
1*1% ~I%.L
Coast
Atlantic
6 3/4
;
12
non
Central Maine
;V'V 'mh.Ii'
.
%'
8%*;:
17
173/a
—
& Coast RR Co pfd—100
Atlanta Birm
'
•
1,000
common
Foundry Ltd—
preference..
Carter
114% Mar
Jan
10%
fl
:•
-•
dep recta reg...
Associated Laundries of America
103/o May
9%
May
Jun
87e
24
/
,
Jan
,9%
voting
Class B
Carman
73A
9%
l
Ltd
Industrial
A
Capital
3% May
Ltd
Co
Participating
Class
4
Jan
Corp
Co,
Car &
Canadian
Jan
1%
SI
preferred
Canadian
2
2,600
Class B
3
Arkansas Power & Light $7. preferred.*
Aro Equipment Corp
2.50
Ashland Oil & Refining Co..
—1
Associated
Apr
24
.10
—
100
10%
v,
18% ,18%
_
6%
1,400 ' '
5%
V
Jun
5%
600
8%
8
Jun
1%
133% Aug
4%
18
1,100
47s
•'■4/2
16% Mar
12% Aug
1,200
33/a
Insurance
4%
40%
12%
6%
common—
Fences.
Post
Fire
Jan
'
Anchor
Camden
pfd—..
Power
Tungsten
Jan
325
37a
2%
50o
Estate
Electric
Jan
1%
3,200
12%
—
Paper
Writing
Callite
Sugar
41%
*
3%
46%
,45
$6
American
r
Mar
American dep rets 5%
31
'
3%
3%
Superpower
1st
300
60
36% May
■>',
3
3%
l
certificates..
Wireless—
23 %
27%
Range Since January 1
Low
High
High
10
trust
&
22%
Corp com—
preferred.—.
$6 series preferredAmerican Thread 5%' preferred—
Amer
Cables
34%
59
Co
Republics
American
/' /Voting
23'/a
27
Chemical
&
Potash
,
34%
,
Low
Cable Electric Products common—50c
July
49% July
24% Jan
Jan
Mar
18
150
Shares
Par
20
20'/a
fer Week
Jun
20'/8
100
—1
•
•
common—
American Meter Co
American
54
July
41%
Range
oi Prices
11% July
Jan
44
—25
preferred—
6%
Last
Exchange
113%. Feb
111% Jan
150
200
Sales
Week's
Friday
Sale Price
Curb
217a May
35%
New York
7a July
.20
23
Mach_.
American
American
American
44% Mar
Jan
25
Co
New York 5, N. Y.
Jan
3Ba
10%
EXCHANGE
NEW YORK CURB
7% Mar
20%
10%
THE
MEMBERS OF
Jan
48%
Jan
36% July
convertible
$2
52
July
4
1,800
112/2 113%
100
preferred
43A %
American
HERBERT E. STERN & CO.
30 Pine Street
2,000
46
request
on
Jun
20
1
Gas
25%
19
23
American
Jan
;
,
Jun
—1
A
American
54%
40
Class B.
American
Mar
46
■
,
Jun
110% July
2% Jan
51
Mfg.J——.—
Cities Power & .uight—
American
117
51
Central
class
Jan
1% Mar
i
;
Stocks
Dividend Records
Jan
..100
Book
Class
Jun
26
Jan
86 %
108
with Long
Feb
21%
15 % Jan
■
600
99% 101
New York Curb Exchange Common
Jan
Jan
112%
600
-20%
17%
17%
-
common—.——
American
.
39% May
Jan
36%
3.600
20%
i—.*
American
Convertible
42
——
common
American Beverage common—.—
American
41
Jan
30
325
8%
::ioo
__
Goods
Aluminum Industries
Ltd
4i %
»
■
.
Aluminium
35
common
Aluminum Co common...-.,
6%
/, 36I/2
36%
29
-50 -l
•
Altorfer Bros Co
Aluminum
/•■■
35.
35.
Feb
40% Mar-
7%
Apr
1174 July-
/
'
Monday, August 6, 1945
& FINANCIAL CHRONICLE
THE COMMERCIAL
59,0
EXCHANGE
NEW YORK CURB
RANGE
Curb Exchange
York
New
Range
of Prices
Sale Price
..50
preferred
#6 prior
.100
debenture—
8%
I
•
I
I
~8%
Devby Oil &
!
82
Apr
16
...1
1%
1
6%
50
2%
1,600
2 3/8
6%
600
7
i
Co common
preferred
7%
Diamond Shoe common
i
•
">■
■
•
f
K
:?*
$7
r
$5
<
"l*1 •
■'
preferred
$6
preferred——.
Electric Power & Light
Option warrants
Electrographic Corp
Elgin National Watch
Elliott Co common
District Electric 5%
Emsco
100
Horn
(A C)
Apr
Horn
& Hardart Baking
Horn
& Hardart
A A May
Jan
Hormel
5%
14%
11% July
Feb
Jan
78%
Feb
99
775
46%
Feb
60
33 %
553/4
2%
1,125
,
Jan
37 % Mar
1%
Jan
2% Jun
,
"l% ~1Vb
900
Apr
47% May
Jun
May
59%
48%
12 %
Jun
Jan
39%
103A
100
9%
14%
13%
13%
July
101
101
101
700
95%
Jan
101
100
•100
102
1,500
97%
Jan
105%
70
Jan
112
July
3
Aug
'
v"
•
'■
•
•
'
3
2%
2%
Jan
5,900
I43/4
,
200
14%
11%
Jun
15%
Jan
Jun
36
37
250
35V4
Jan
40%
Feb
27%
29
2,400
15
Jan
33%
Jun
78
.37
.>■28%
80
150
49
Jan
90
Jun
Vv;i
2
10%
453/4
105/a
28%
30
33
35%
Jan
48
1,200
25
253/a
100
20% Mar
26a/4 May'
15%
100
14%
Jan
15%
Jan
Fibre
Corp
Co
Ligonier
.
Jun
May
32%
Jan
20'/a
1,100
18%
Jan
23%
500
19%
Jan
24% May
27 % May
45%
33
47
400
Jan
593/4
10%
11
2,400
9%
Jan
12% May
16'%
16'%
50
14%
Jan
18%
14
Jan
20
37
16%
Mar
40%
Jun
Zinc
Illinois
ctfs
arrear
Co
Fedders Mfg
Federal Compress
393/2
Imperial Chemical Industries—
Am dep rets regis
Imperial Oil (Can)
Registered
110
26
43
42%
43%
8%
8%
22/'/:
20%
22%
Franklin Stores
4%
Jan
7 %,
preferred
Malt common,
Jan
8
Jan
100
28
400
143A Mar
5% Mar
100
25'% July
3VS
'
>'
250
251/4
25%
>
76%
76i%
253/2
350
173/«
Jan
10
55%
77
x4'"'-
—
—
—
Jun
July
20
21%
1,600
14%
25% May
/
58%
60%
Jan
60% July
,
17%
1,700
1,800
53
16
15
Mar
20
•
22
V 22
22%
250
6%
6%
13%
7% July
11%
n%
25%
:
11%
25%
.
15
15
J un
Jan
50
xll3% Mar
12% July
29%
25% Aug
20
20
67 H
66
Jun
116
Jun
52
Jan
68
Jan
71
Jan
1,000
2%
1,000
85%
87%
700
55% Mar
95%
95%
150
85%
Feb
101%
Jun
21%
21%
\
100
193/4 Mar
23%
Jun
.80
39%
41%
3,500
12%
12%
600
19% '19%
6,600
19%
100
'
2
-•
2%
19%
•
19%
•
10
8%
preferred
—1
—*
:'2%
:/2%
«
—•
5%% pfd—100
107%
11
109%
108% 109%
-:
3%
Jan
Feb
Jan
313/4 May
51%
Jan
53% Mar
1%
Jan
17%
Jan
50
3/4
19
200
107% 107%
;
2%
1%
42
1
;
;
Feb
Jun
1%
Jan
Feb
:
24
Jan
July
13% July ;
4% Mar r
9%, Jan
/
400
2%
r
Jan
13
8% July
1,100
10%
'
Mar
300
21%
21%
May
22
21% Mar ;
Jan
100
1 Vb
1
1%
16
19%
500
10%
v
41% Aug
24% May
23
.
34
34
Feb
350
1%
1%
Equipment
Interstate Power $7 preferred——•
Investors Royalty
1
Iron Fireman Mfg voting trust ctls
•
Home
Jan
July I
9% May
18% Jan
300
29
52% ; 52%-
.
3
'*91
Jan'
700
2%
8%
.2%
27
com.
52%
Irving Air Chute
Italian Superpower A
19
203/4
—•
Razor B
Corp
1% Aug
2% Mar
_•
Chemicals-
shares
Products
Utilities
f
Feb
3
j
Feb
57%
115
115
!
Jun
Jan
11
300
25%
Jan
12%
*2%
Metal Industries A
International
Feb
Jun
2%
series
$3.50
Registered
Jun
28%
6% July
1,600
May
"l%
International Petroleum coupon shs
Interstate
Jan
13% Mar
100
13%
Warrants
Jan
Jan
4%. Apr
135%
Apr
24% Jun
Jan
:
7>«
34
Jan
17 s/8
.
108
j,
10% July
2,200
May
6%
19
;
10
——•
Ci^ar Machine
International Minerals and
7% May
Jan
600
12i%
36
17
100
of North America
Co
Insurance
273A July
24*
Mar
20
100
preferred
7 %
May
28
> •
v,'.
-ii.
75
July
Jan
24-,
.
Jun
73/4 July
58%
—1
——3
International Safety
Jan
ll'A
r :
46
v'
Jun
6%'July
19
£1
.
International
223%
123%
24
July
Jan
,34
13%
Common
Jun
22'A
•
— —
Feb
10
24%
33/4 May
Industrial Finance v t c common
39'% Aug
50
253%
50
Jun
19
32%
Indianapolis P & L 5%% preferred.100
Service 6% preferred
100
241% Apr
400
:
Feb
3%
Indiana
Jan
263/s
"53/2 "53A
Jan
28%
7
£1
Jun
273/4
251/2
ow.n.
553A
Feb
3%
i
stock.
convertible preferred..,.
$3 wui
conv
.
"53/4
Co—
Fuller {Geo A)
173%
26 3/8
..
——
Froedtert Grain &
Apr
273/4
B
Jan
113
Jan
43% July
——-—
Ireland
$3.50
—•
A
Jun
34
Jan
10%
1,700
Jan
May
7% May
100
.v,:
Feb
July
23
42 % July
1,900
Jun
130
•
Mar
23
u'50-
—
_•
Imperial Tobacco of Canada
;
8
Imperial Tobacco of Great Britain &
Jan
5%
3,300
63%
>63/8
6VB
.11
of Canada—
non-voting
voting
Ford Motor of France—
Amer dep rets bearer—
Fort Pitt Brewing Co
Fox (Peter) Brewing,
Franklin Co Distilling
Class
4%
56
280
58'%
:: •.•":>
26
coupon
9'%
'mmmm
Jan
May
30% Jan
•
23J%
'
57s/a
—
May
38 3/4
1,800
'
■
Ford Motor
Class
'
"
'
«»-•
—10
Association (Phila)
Ford Motor Co Ltd—
Am dep rets ord reg—......
Fire
39i%
353%
"
1,200
45
441%
45
*
—.—.—5
& Warehouse Co—25
Metallurgical
Fansteel
Jun
3
6,000
.
*
Brewing
Falstaff
14 3A
16
33/4
3%
3%
8
124
—.
Co
Preferred
Apr
113%
700
300
23
22
—80
preferred
conv
Dividend
Feb
39%
5%
International
13i%
13
13%
Jan
Jan
5%
23%
—•
•
Illinois Power Co common
International
.1
1
& Inst Co.
Fairchild Engine & Airplane
Aug
9
103 %
20
1
1
*
..J
:
13% May
108
10
warrants
Electric Securities
flygrade Food Products
Jun
Aug
1,200
108
6%
7%
——»—•
1
Jun
May
7%
108
108
International Hydro Electric—
Fairchild Camera
13%
11
rY;-
•
.8
• X;;.
Hydro
Jun
12
25
300
30
Jun
313/4 May
900
35%
2%
73A Mar
43
225
10%
..
Feb
12
Jan
1% Jan
700
45%
453/4
108 % May
Jan
11
100
11
1%
1%
lOS'A
:V,;:
•
11
Esquire Inc—
-*
Eureka Pipe Line common.———50
Eversharp Inc hew common.
1
(Harvey) Inc
& Refining
Oil
Huyler's common
1st preferred
15% July
47
500
;.j
53
Jan
1,000
100
—..8
Jun
20%
225
42%
10%
41%
Jan
8%
12%
Jun
Jan
Jan
50%
41%
49
—
Jan
ll3/4
700
Jun
Jan
8
50
60
common
$2.25 preferred
Com stk purch
July
17
'3!i:
50
50
50
*''
Hubbell
Apr
3%
•11,100
2»A
Feb
36%
Jan
12%
'
•
•
•
Co
preferred
Hussmann
54
-X.—
(Geo A) & Co common
Co common
Hummel-Ross
98
1
preferred
3%
common
Jun
95
8 3/4
Jun
48%
6
•
•
•
1
Inc,
Feb
Humble
2%
10o
Equity Corp common
convertible
12%
963/4
—8
1
$3
123/a
pfd—100
Equipment
Derrick &
200
55%
-1
15
10
-50
Co
"33/4
Horder's
12% May
.
8% May
2%
—
preferred
conv
Jan
Co
Holophane
66
Jan
Jan
6%
7
200
8'A
10
Consolidated G M
82%
Apr
38.%
97%
—1
•
*
8
*
"
2d pfd A
•
$5
x68 % May
liT E
Washing Machine B
Economy Grocery Stores...
Electric Bond & Share common
5 V2 %
74
■
*
preferred
Empire
50
50
Jun
10
Apr
76
"3%
-
Easy
'
Hollinger
May
Jun
4% Mar
"9%
12%
2.80
Heyden Chemical common
Hoe (R) & Co class A
57
—
Associates—
Sugar
Feb
Apr
July
36
Jun
3%
8'A
■-
8
Rubber common
5%
76
—
Holt & Co common
28%
57
,
!—i
preferred series A
preferred series B
Eastern
'
w
w
Apr
Jan
4%
800
er- vt©
1
84
.■'
$$
''*•
•
./,/•
Jun
60%
Jan
"§'/«
2
100
1
common
preferred
5%%
25% Mar
20
1
%
I
57
Fuel Assoc
Gas &
Hewitt
6%
common.—•
4'/2 % prior preferred
100
6%
preferred
100
Eastern Malleable Iron —.
23
Eastern States Corp
.*
$6
*
-
1
4
v-
V
'
East
Henry
23"%
—
:; ./■'/■
"
1
{
class B common..
■
*
25% July
Jan
«
•
"
I
1
Duval Texas Sulphur————
i
Jan
11 %
67
Corp common
Duro Test
13%
300
—
—
Hosiery
1
Iio
Duke Power Co:
Durham
2,000
laa
Co.
Driver Harris
Co
Jun
21
...1
Corp
Draper
Heller
Jun
21
Jan
1%
80
Rubinstein
Helena
12
23%
53j/4
1,900
29%
8%
July
30
21%
1
...
com
Apr
30
High
40
3%
23A
3% May
25o
•
Co
Mining
Feb
650
—
Domestic Industries class A
Dominion Bridge Co Ltd
Dominion Steel & Coal B
Dominion Textile Co Ltd
,
34% Mar
Low
57%
57
2%.
:.*
8
common
preferred
b%
Hecia
Jan
27%
23
III
Corp
Divco Corporation
Dobeckmun Co common
Diana Stores
Jan
573/4
Range Since January 1
High
.15%
Jan
Dept Stores
18
27
Low
1
Corp
Hearn
10%
27
Shares
com—1
of America B non-vot
Hazeltine
7% July
25%
..10
——
voting trust ctfs
Co
Hat Corp
2% July
27
..10
De Vilbiss
Brewing
Apr
5% Jan
•;
.10
Rayon
Harvard
Jan
Jan
1%
•
Hartford
18%
21%
for Week
28
1
Light
Electric
Hartford
11%
Jan
20% Aug
203/4
(M O
..20
142% May
8% Aug
300
CO
1
I
Feb
92
Apr
138
1
Feb
9%
Range
of Prices
Par
High
Jan
5%
100
1
I
CO
Ref Corp
I Detroit Gasket & Mfg6%
preferred
i Detroit Gray Iron Foundry
Detroit Mich Stove Co common
i Detroit
Steel Products
Range Since January 1
Low
V/a
£>
7%
3
class A common
Dennison Mfg
Shares
High
Low
Par
Sales
Week's
Last
Sale Price
York Curb Exchange
New
for Week
Last
Friday
STOCKS
Sales
Week's
Friday
STOCKS
WEEK ENDING AUGUST 3
FOR
29
82
,Jun
Jan
114
Jun
Jacobs
Jun
Jan
'•>
(PL)
13% V
Co—
Jeannette Glass Co
Jersey Central Pwr & Lt
>
preferred——
preferred.*
• '
6%*
7%
>--v
Julian & Kokenge Co
——100
100
—*
7%
'
'•
■
:
'•
40-
i
.•
104
Jan
107% Aug
*
Jan
110%
Jun
-
114
Feb
xl08% Mar
50
110% lll'A
Jun %
Jun
8
*
108 '
50.:,
•
—-
—
16%
500 *—•
7%,
-7
-11'A Jam
2,000
13% -14%
.
/:
243/4 May
21%, Feb
K
2,000
8%
7%
Garrett Corp common—
-lOfl
preferred
Gellman Mfg Co common.
2%
General Alloys Co.
Gen Electric Co
Amer
....
7%
& Elec $8
—
•
preferred B——•
pfd......100
General Public Service $8. preferred—*
General Rayon Go A stock
.
—•
General Shareholdings Corp-com—1
$6 convertible preferred
—•
Gen Water Gas & Electric common—Jl
v
General Outdoor Adv 6%
9%
20 %
148
..
—
105
*
21
600
150
1,200
•
?
(AC)
."2%
"2% ~2'%
2% i: 3'/a
100
101
18%
■
-
■>
19%
200
400
90
700
18%
1,450
9%
Apr
Jan
23%
Jun
Apr
y' t
Jan
148%
Jun
Jan
106
Jun
Jan
/
108
Jun
3% Jun
1%
Jan
2%
Jan
4
Mar
Jan
104
Apr
92
13%
Jan
Jan
Jan
15
19%
Apr
2.50
•
Coal
B
,
I
18%
18%
21%
2,200
514
800
66
110
19%
Feb
I
50
•
Mfg Co
conv
50
200
*
10
pfd._25
—1
8%
9
50%
50%
48
46%
48
33%
30
35%
200
60
200
60,700
8%
8 %
100
18%
16%
18%
Grayson
10%
10
10%
2,300
1,900
Varnish.....
Co.:
—Jl
Shops (Cal)
.1
Great Atlantic & Pacific Tea—
Non-voting common stock—
7 %
1st preferred—
Great Northern
94
133
90%
133
95
900
133
25
38%
•
39%
18
38%
Paper.
Greenfield Tap & Die.—.——
20
17%
8%
Stores Products common—23c
Utilities $4.40 pfd
—100
48%
Jan
5% July
71% May
Jan
47
July
Jun
13
106
July
8%
%
Jan
1 %
Jun
Feb
39%
Feb
7%
Jan
13% Mar
47
Jan
51%
Apr
39%
Jan
50
Feb
22% May
7% Mar
35% Aug
9%
10%
Apr
20
10%
Jun
13%
Feb
86
Jan
103%
Feb
127
JUn
140
Feb
42 % July
10% Mar
22%
Jun
10
Feb
7%
Jan
Klein
Emil)
(D
22
75
1
Co
Bridge
114% Mar
109
July
8
Hamilton
Hammennill
Co
Feb
10%
.10
Paper
For footnotes see
page
10%
600
9%
Jan
12% Feb
Jun
Apr
7
Jun
27% Jan
32
Jun
6
Ltd..
593,
Jan
433/4
Jan
7,500
33/»
Jan
5'A
7%
1^
7%
,200
7
Apr
"v. 9%
/;1% ;j
2,900
v
75
.
Feb -•
Jan
July
Jun '
13/a
12
Jpn
•
Feb '
;
Jan
i-■
l3/8 May
J-,'
173A
Jun
I
15,% Jan
1110
16% May
18
Jun
14% Mar
18
Aug ;
1
1
;
18
17%
'8%
,
9%
500
18%
9%
1
:
3,700
10
Jun
Jan
100
Jan
9
900
8%
8%
8% July
99
'*
Kobacker Stores new common
1,100
18
Jan
ll'A
23
I
Feb '
Lake
18%
Shore Mines Ltd
Lane Bryant
.Lane Wells
5%
5Vn
1
8%
8
-
15%
Jan
5%
700
3%
Jan
8%
300
6% Jan
109%
—100
preferred
7%
18%
■
'
J
Lakey Foundry & Machine...
Lamson Corp of Delaware
;
14% -15.
Co common—
'29%
Langendorf United Bakeries class A—*
Apr
Class
B
Line Material Co
'17
.10
Corp
(Thos Ji Inc 6% preferred..
Llpton
Lit
i
Brothers common
Loblaw
Groceterias
.23
Locke Steel
Class
ChaTn
*■
6% Mar
4
100
6
"VA
6,100
/
Mar
Mar
1% Jan
_.
4%
t
.
Lynch
Corp
Jan '
13%
500
17%
37% May
Feb
19
19
16%
14
Jan
50
27%
Feb
1,300
2%
21%
14%
50
18%
Jan
24.
1,600
10%
Jan,
15
10,500
1%
21%
13%
700
,
.
24
1%
1%
90J/2
85%
82
81%
1%
90%
83%
7%
7%
8%
4,800
37%
—1.
& Exploration
Land
Louisiana Power & Light $8
Jan !
Jun
Feb
28
,4%.
4
.10
preferred A ctfs of dep
preferred B ctfs of dep
Louisiana
2'A
28
..8
Long Island Lighting CoCommon ctfs of dep„
1%
7%
70
Jun
Jan.
Mar
Feb .('
,;*30% Apr
4%
.
Jun. >
f
Jun *
24% May '
^
—
Lone Star Gas Corp common
6%
8-
16%
16%
,
.
A
!
Feb
Jun
28%
..8
Lionel
"l%
"l%
28
.1
Le Tourneau (R G)r Inc..
>
17
32
Jan
48
6
6
•
Jun
Apr
13 % Mar
50
29%
'
common——.....1
1095/a
25%
200
'•
Convertible preferred.....:
Leonard Oil Development
May
,
'
Lefcourt Realty
5%
ll3/4 Mar
37%
38%
200
3%
3%
1,100
.
July
;
July
96
Jun
•
.81V4 Aug
,89
Jun
Jun
pfd—.
common
7% July
11%
110
..1
Jun,'
2
85
795
400
July i
Feb
114%
32
Jan
40
Feb
:
Jun
May
M
10%
Lamp
76
52%
70
4%
V
Jun
v
v
H
da 11
25%
4%
Kresge Dept Stores—
.
.
4% convertible 1st preferred—.. .100
Co
'
343/4 Aug
-*
—
Knott Corp common
Brewing
:19
*"12 :
Apr
'
4%
—.1
Co common.
(I B) Rubber Co
67
18
HO
76
66
5
—10O
—.100
——1
__J
100^
22
'
Jun
35% Mar
100
;
Co
pfd B
preferred D—....
Kingston Products.—
Kiiby Petroleum.
Klrkland Lake G M Co Ltd.*..
8%
July
550
.....*
Alabastine.
Jan
Jun
4,200
Gulf State
Gypsum Lime &
21% May
37,400
Gray Mfg
Grand Rapids
19% May
39%
1%
VA
...
common..
36%
Jun
24%
3% May
&
Kings Co Lighting 7%
119% July t-
Feb
Jan
8% May
—•
Key Co common
Kidde
(Walter)
13
28% Mar
2,900
34%
33%
34%
——*
I
Ken-Rad Tube & Lamp A
Kleinert
116%
200
16%
16%
—8
—,
Jan
17% July
103
prior preferred
Consolidated Mines
Graham-Paige Motors $5
66
36
class A_.
$3. preferred
500
4%
4%
;
Mfg
19%
21%
21%
•
class A
May
Inc.
Kennedy's
100
preferred
114% May
17
Jan
Kansas Gas ft Elec 1%
Krueger
52% May
JB
•
Gorham Inc
Grocery
Jun
12%
Goldfield
Gorham
16%
May
8%
8% Feb
18%
18
52% May
Godchaux Sugars
Goodman
6%
111%
17%
Gobel. (Adolf) Inc common..
$4.50
3% Feb
101
Co
Class
Jan
1%
132
—
Gladding McBean & Co
Gleaner Harvester Corp:
Alden
9% July
84
101
Jun
3% Jan
109% May
common
Preferred
Gilchrist
92
20
preferred
Gilbert
Jan
30
148
X106
Power $6 preferred—
Geoi gia
Glen
7%
9%
preferred series A.
Gen Gas
12% Jun
16% Jan
General Fireproofing common.
$5
1,100
2%
2'A
,
Ltd—
dep rets ord reg.
General Finance Corp common..
5%
8 rzKtf 600'
7%
Jan
87%
v»uu«»urufsr Co- common.
5%-
9% July
7% July
9%
3%
Manatl Sugar optional warrants.
Mangel Stores
$5
common
convertible
preferred
1
2% Mar
14%
104
3%
Jun
Jan
-23
May t
Jan
135
Mar
Volume 162
Number 4409
59H
NEW YORK CURB EXCHANGE
RANGE
STOCK 8
New
Week's
Friday
Curb
Mapes
(The B) Co
Consolidated
Marconi
Shares
New York
Low
17
38 %
38%
100
5%
53/a
400
.w;
,
Ltd.
Co
13%
,
McCord
Corp common
$2.50 preferred ——.
McWilllams Dredging.
Mead Johnson
&
Mercantile
•
Merrltt
Chapman
6Va%
A
Metal
i
10%
V
11 Va
.10%
11%
1,400
44%
100
36 s/8 Mar
13%
-
iS
120
16%
preferred
104
4
4
13%
25
4%
v
4%
100
51%
10
95
Jun
Pacific Power
Pacific
•
2%
v
Feb
July
Feb
Pan
130
Jun
3%
$1.30
18% Jun
5% Feb
110
Parker Pen
Jan
5% Mar
Jan
51% Aug
53/8
600
3
Jan
6%
8 % Mar
12%
23/4
2,200
11%
300
8%
Jan
13%
700
12%
Jan
23
Jun
16%
200
15%
Jan
23% May
2 3/4
July
16%
1
v t c
2%
Middle
j
Mld> ale Co
3,100
7,800
12%
12%
100
28%
28%
50
34%
34%
34'A
350
Jan
3
West
Corp
15
0
common
Mid-West
•
common
Abrasive
Midwest
■
150
...
Wohl
Miller
!
Minnesota.pwr & Light 1% pfd
,
I
33/8
Y
;
9%
1,900
.:;;:3% /
„1
\
■■
-
9%
-1%
$6
preferred
Penn Traffic Co
30
May
Philadelphia Co
Feb
400
2%
4
Jun
•:
v
Feb
8%
3% y1] 1,400
y5% '■/
v
69
Y
68%
a'47, y July.
:.%125
53/8*.";Tf.
"Jan
1,900
Phillips
■X
69
60 Y Mar
? 175
1063/4
13
76 y Jun
Jan
Jun
Jan
27
18
i
Jun
//115
Jan
•
"
2.50
Coloc———
.1
:
—1
Corp....—u.-—^
.1
Monogram' Pictures common...L
5% %
...10
conv
preferred.,—...
.
Monroe Loan
Montana
11%
■
3%
1,800
3%
4
:
9%
9%
\
2,200
:800
11% ui%
.;
1
Society A
Dakota Utilities..——\
13
K 200
% 15% .15%
;'Tl'%rll'%'
11%
\
100
;.
'
••
y
Feb
43/»
9% July f.
2% -Jan
Jun
10%
Jun
2% Mar
.
10% Feb
182
r
.179
30
182%
.
Copper common.., —5fl
Producers——— —10
Mountain
States
Power
common.
■'•'1%
,/ 1% .Y 2
27 r>.
V 27 /x
27
—100
Mountain States Tel & Tel——
6'A
4,200
't
\
Powdrell
—
7%
Y
1—23
preferred
Prentlee-Hall
Inc
Feb
Pressed
Apr
Feb
30
July
1373/4 July
Jun
19
National
Refining
National
Rubber
Steel
Jan
Jan
17%
Jan
97% July
Jan
2*A
Jan
33% May
39% Mar
Feb
6%
25%
Jun
3%
/
38
Nehi Corp
20% May
15% Jan
24
1,300
12
12%
5,000
11
Jan
12%
Feb
6%
10
July
Quebec
21
13 Va
1
1%
1%
••
/•';
•
5%
* i.'
15
•
Feb
14%
Jan
100
21
14%
300
Jun
8%
500
203/4
13 Va
•' •'
i43/«
—100
preferred
11
Jan
16
19%
Apr
is/a
Jun
153/4 July
2% Mar
13A
.,
600
53/8
200
;Y
'Y,
113
5
May
107
120
Jan
9
110% 113
May
.—*
>
6%
Jan
New
England
Haven
ZI100
New
Mexico
Jan
10%
6
Jan
Feb
63
Jan
50
21%
Jan J
253/4 July
123%
320
110y4
Feb
124
Jun
200
141/2
Jan
31
Jun
20%
Jan
28% May
63
Mar
70% Mar
.
24
24%
'24%
200
25
66%
65%
66%
1,200
1
Land
14% Mar
7%
1,450
23 '
Arizona
/
79%
253/4
78 %
common
&
100
9
Jan
120% l233/4
78%
Co
New Jersey Zinc——
Aug
11% Mar
93/4 Jun
801/2 Jun
24%
Tel & Tel
New Idea Inc
8%
—100
Clock
113
8%
.
New
43/a
4%
,43/a
700
2% Mar
New Process Co common
N
Y
Y
40
Auction
N
Co
•
common
City Omnibus warrants
NY
Mar
10
Merchandise
Y
N
Y
Niagara Hudson Power
5%
1st
5%
2d
common
preferred
.'
Jun
Jun
Noma
com
Corp B
B
North
94%
63/4
1,750
97
891/2
Jun
82
Jan
420
16
1,700
Jun
xl4%
2%
1,300
6% Mar
223%
Aug
97%
Jun
% July
JUn
14%
100
Jan
Jan
Mar
Jan
26
Jun
5% May
136
May.
43% May
36%
Feb
43
53
Jan
56
May
Mar
1%
1
143/4
14%
153/4
—
1
Jan
6%
5%
Jan
7% Mar
11% Mar
3,900
993/4
...
106%,
38
1,000
7%
2,800
333/4
500
33
Apr
Jan
34,% May
143/4 Mar
450
17%
7%
~7%
38%
17%
38
•
63/4 May
26% Jan
Jun
18% July
Jim
105
110% Mar
40 3/8
Jun
19
Jun
9% Mar
35% Jun
class B common....
•
Ohio Power 4%% preferred
_100
Public Service 1% 1st
pfd
100
6% 1st preferred—I
100
Oklahoma Natural Gas
common..—.15
For footnotes
see
page
593.
93/4
800
Jan
10%
31%
100
253/4 Apr
37%
Jan
18
200
18
Aug
18
Aug
5%
"5%
5%
,10
7%
5%
2,400
4
Jan
5%
2,800
3%
Apr
100
x8%
Jan
Feb
10
68%
68
70
550
16
16%
350
135% 136
43A
-
43/4
17
-
400
43/4
500
117
Apr.
78% May
20Yi Jan
Jan
4
Jan
-
Jan
19%
17% Mar
16%
25
16 Va
Jan
4%
45/a
2,700
3%
Jan
19%
20
142% May
ey» Apr
13%
16%
4%
20%
500
37
1A
12%
123%
1%
6%
6,800
22
Jan
31
50
i
July
11% Jun
.Jan
40
-
Ifa Jan
61
Jun
5y8 Jun'
Jan
12%
1-
"1%
Jun
"44%
100
17
'
..
6% July
GVa
14% Mar
136
—
Jun
11% July
64% Jan
16
:
,
Jun
1% Mar
.Jan
73
-Mar
Jan
15% May
1% Jun
Apr
13%
8% May
America
iya
11
11
13
BVb
12
400
1%
1
%
10 ye
25,800
Mar
-
'
11
400
Jun
Feb
of Colorado—
107%
Apr
111%
Jan
112
.10
—
16%
153/4
16%
18%
14%
5,400
109 7/a 109"%
18%
75
107
■
r
J,
•
■■
,
Jan
177/8
Jun
Feb
•
16%
100
May
118% Jun
■'
110%
Jan
i
Jun
i1'
Jan
19
|
,
13'A Mar
.10
13%
18y2May;tt
13% May
500
^4
28
4%
4 3/s
1,200
28
113% 114
50
311%
111% 1113/4
22%
75
113%
30
28
/
Apr
Jan
5% Mar
31
Jun
113
July
116
Jan
117% Jan
119% Mar
110% July
115% Mar
'
x31% x3l%
84
86
17s/8
162
■; 40
76%
230
161
86
.100
preferred
Power Co
156
;
13
.'}
Jan
Jan
90
Jun
Jan
164
Jun
100
Jan
14%
Jun
14,900
1%
17%
13/4
150
153/4
Jan
iy8
Jan
30
30 %
100
2
Jan
17%
13/4
1%
2
Jun
Railway & Light Securities
10
Railway & Utility Investment A
1
Rath Packing Co. common_r
10
Raymond Concrete Pile common
*
53 convertible ureferred
•
Raytheon Manufacturing common—50c
common
Red Bank Oil Co
—
Co
Reed Roller Bit
Reliance Electric & Engineering
Goods
Stix Dry
Rice
Richfield Oil Corp.
1
•
8
*
———-1
Rio Grande Valley Gas Co v t c
1
Richmond
Radiator
IOO
20%
Jun
2»A Jun i
54%
53
53
19%
18%
29% July
42%
Feb
Jan
33%
Jun;!
Apr
56
52
120
173/4 July
19%
3.000
2%
2%
4,000
24 Vs
; 2%
Va
"24 Va
200
24
250
14
200
19
3%
1% Mar
Jun
'
17%
18
22
17%
23
Y
'
.
,
%
Jan
26% Mar
Jan
18%
Jan
25
Jun
%
Jan
1%
5
1,300
3%
Jan
6% May
1%
1,700
%
Jan
1% Feb!
10
105 5/a
Jun
109
Jan
15
1%
5
43/4
1%
1%
pfd D— .100
Cable
ord reg
■■
Feb]
r
12
19%
Jun
19%
17%
100
17
Apr
22 y2
I
...
Jan
14 Va
200
12%
Jan
17
Jun
23A
Jan
17%
14
8
5
Petroleum Co
17%
"3%
7%
73/4
1,000
21%
21%
2,100
500
18%
-10
Rotary Electric Steel Co
♦
May
]
19%
25
Jun
193/4 Mar
Mar
73/4
7%
7%
2,600
6%
Apr
6 Va
1
Consolidated Petroleum
Ryerson St Haynes common
6 ya
6 Va
200
6 Va
Jun
4
4%.
2,200
4Va
'
1
<
Jun
Feb
Jan
11
-2H-
Ave
Ryan Aeronautical Co
•
Jun
8 3/0 Mar
18 5/8
Royalite Oil Co Lta_—
Russeks Fifth
Feb
Jun
18 y2
-
Ryan
43/a
6% Mar
..20
preferred
$1.20 convertible
4
7%
1
3Va
21%
8
Root
■
!
May]
100
13%
..£1
common
Corp
Art
Ronson
107
13%
Metal Works.
dep rets for
Am
107
—
f
Mar
800
1%
Ltd—
Rolls Royce
Rome
:,
May'!
233/a Feb !
.
Rochester Gas & Elec 6%
j
j|
22
~r%
warrants
St
St
Cort
Lawrence
$2
Class A
conv
Ltd
pref—
12% Mar
10 y8
:
Jan :
9
Jan
4%
Feb
Jun
3y4Mar
Dome
Oil
—
Co
A)
Convertible
Bcranton
29 %
Jan
35
Apr
Jun ;"
7
7,600
7y8
7%
2,300
7
May
10%
Jgn
.1
6%
6y4
1,300
5% Mar
8y4
Feb
3Y4
33/4
500
3
4 3/8
Feb
200
22
$6
Elec
32
—•
1
common
preferred..
25
~4
83%
32y4
July
Jan
3%
4
2,000
3%
85
350
70 y2
Jan
SB
preferred
Steel
39
39
300
34% Mar
41
July
116
116
10
1113/8 Mar
116
Aug
114
May
•
common
Securities Corp General
Bros
98
12%
98%
120
88 Va
12%
127/a
300
107/a Jan
•
1
48
48
100
3
7,800
•
Shoe
Convertible
common
stock
(R
B)
Sentry Safety
—
1
12%
600
13/4
2
15%
2,600
42%
15
15
Feb
2
Jan
9%
Jan
Jan
19
147/a
Jun
8'A May
50
Jun
3% Mar
14 Va
Jun
22 Va July
Feb
Jan
2y»
Jan
iy8
193/a
Apr
850
12
150
82% Mar
92
Jun
86%
19%
1%
88
83 %
Jan
Jun
86
50
92
86
—
1
2%
12%
13A
25
Inc
Control
1
5
$5.50 prior stock
Allotment certificates
Semler
2%
•
Co
Jan
4% Mar
1
Inc
Selected Industries Inc
Jun
39
116
•
Co
May
4% May
89
*
pfd—
Scranton Spring Brook Water Service-
Scullin
38
Jan
83 y2
25
Manufacturing
Scovill
Jun!'
77/B
33/4
common
(D
273/s
6 y4
Co
Schulte
35/8
Jan
J..—1
Corp common
Oil
Savoy
Schiff
Jan
5% Mar
5
United
Samson
Co
575
6%
5
1
Regis Paper common.
Salt
22
2V2
16%
.
21%
50
Selby
4%
Co
-
32% Mar
9%
18
Segal Lock & Hardware
Seiberling Rubber common
O
Ogden Corp common.
Ohio
May
14% July
R
Seeman
Brass
Jan
Apr
353/4
5
Penn RR Co....
—50
Northern Indiana Pub Serv 5% pfd—100
Northern Natural Gas
20
Northern States Power class A
L..25
Ohio
Jan
Jan
Jun
23/4
1 %
Utility Securities—
Northrop Aircraft Inc
Novadel-Agene Corp
18
11 y4
30
Feb
193/a Mar
1,800
50
Oil
110
8%
2
3,100
38
7% July
17%
121
38
May
12 3A Mar
•
•
common
*
200
433/4 Aug
31%
Radlo-Xeltb-Orpheum option warrants.
Feb
90
Jan
133/4
300
,4
213/a May
110
-fa Jan
500
2,300
14
Jan
Jan
•
Rayon class A
North
23% Mar
3%
8%
3%
Texas
Jan
20.700
153/s
21%
Airlines
Feb
37
64 %
60
73A
1
Central
1,000
323/8
Jun
Jan
11
Quaker Oats common.
Jan
Apr
106% July
60
14%
15%
Light & Power common__l
American
Northeast
5
2%
prior preferred
Northern
78
1053/4 110
1
preferred
6%
97
5
North American
Class
6%
6%
110
•
Electric
$6
10
74%
%
Mines
North Amer
6%
22
30%
16% May
100
Niles-Bement-Pond
Nipisslng
Jan
lot>% 107%
76%
100
preferred
Nineteen Hundred
15%
32%
15%
210
Jan
35
.
5%
48
16%
B
optional warrants
Niagara Share Corp class B
153/8
151%
300
31%
Roosevelt Field Inc
Water
Class
Mar
12
200
—1
Electric & Gas $5.10 pfd.100
Service 6% pfd
100
State
x5
100
35%
35
—10
N Y Shipbuilding Corp—
Founders
shares
N
100
15%
6
6
15%
...
& Honduras Rosario
Y
400
433A
•
Shs
Roeser & Pendleton Inc
N
200
190
200
Jun
11%
1,800
5
preferred
preferred
$2
Jun
'
class A
Co
73 Vs
Feb
Jan
Y
*
1st pfd—
Mur
Jan
Jun
;
16%
21
'"■•V
common
23
100
93/a"
:Y; 9%
England Power Associates
6%
57
July
93/8
Corp
Neptune Meter class A
New
850
39% Mar
50
i8
(Herman)
t r Nestle Le
72%
28
Pyrene Manufacturing.
Voting
Nelson
Jun
Jun
22
Radio
Nebraska Power 7%
Jun
Jun
69%
Feb
v
17
Y:
i~*
II12.50
National Tunnel & Mines
112%
1% 1st preferred.
Puget Sound Power k Light—
22
IIIIIIi
Ltd
115%
Jan
1st preferred.
17
common.
common,
3Va
Jan
107%
Gas
Public Service
22
Machinery
Car
Union
19%
'
Jan
109%
10
common
of
Metals
Providence
8%
National Transit
National
_
1%
150
72%
of Nevada
Prosperity Co class B.
..._50o
common
Mfg & Stores
National
'Y'
500
Jun
Pratt A Lambert Co.
May
13%
5,500
July
53/4
Producers Corp
26
;,,v
•
National Fuel Gas
National
-X
Jun
82 Va
51 'A May
Jan
2 3/4
112
Power Corp of Canada.—
12%
Lines
City
~2% "3
«
National Candy Co common
National
''
~2%
._—.l
common
common
8ya
Mar
Mar
7,200
111 3/4 112%
111%
$8 prior preferred
Puget Sound Pulp St Timber.
Pyle-NaUonal Co common—
—
Hess
Jan
Jan
Alexander.
2%
89
•
Corp
Bellas
National Breweries
5%
Jun
313/4
3
Polaris Mining Co—
Common
National
73/a
37
|
9
N
Nachman
Jan
423A Mar
•
May
.100
Mar
400
Mining.
;Jan
550
Feb
54%
78
Pneumatic Scale common
Premier Gold
: 129
155/s
May
22
Jan
47
7%
'
jun
10
15%
50
Jan
40
common—
Apr
18
.m
1,100
4%
Pleasant Valley Wins Co
St
Jan
18
44 Va
20%
43
Pittsburgh & Lake Erie
Pittsburgh Metallurgical.
Pittsburgh Plate Glass
44
Jan
.24%
50
•
—•
Murray Ohio Mfg Co..
Muskegon Piston Ring——
Muskogee Co common..
6%
preferred—.
333/4
19"%
RR
May
y
*./1% Jan
3,900
.
,-.7% y.7%
■,lVa
'
—
E
22
38% Jan
Mountain City
Mountain
L
193
Feb
18% Mar r
Y
St
Jun
■
■i
Bess
Jan
4%
1
—
pfd
,
8%
"4%
common.
12
'
—•'
Montgomery Ward A—..
Montreal Light, Heat & Power—,
;*V
Moody Investors partie pfd—
Governor
Plough lno
May
'12% July
9%, Apr
3
•>
10
:
Pitts
Jun
9% July
15s/s July
93/4 Feb
9%
I
;
26
5% July
8% Jan
•
Pinchin Johnson Ltd Am
Pioneer Gold Mines Ltd
Piper Aircraft Corp com.
Pitney-Bowes Inc..
'
100
11,000
112
Paoking Co.
16% July
50% July
/' • 63/a May
143/4 July
47% .'47%
143/4
26
2%
•
—
/
3%
Jan
14%
Jan
Jun
X223%
•
common—
Power 5%
.}
35%
3 %
44,000
42
Feb
27 y Jan
6%
7%
„_100
Jun
Apr
53/4
2 30
Pierce
11 %
8%
•
com
preferred
—
Y
Jan
V
8%
Co
Phila Electric
Jun
83/4 July
25% July
29
1
Co
Perfect Circle
;
Molybdenum
Mfg
Mar
Jan
Missouri Public Service common—
Mojud Hosiery
;
Pepperell
39
Mar
Feb
114
Jan
—28
Penn Water & Power Co
•'* 16
'■
.50
5% conv. preferred.-—...—
Mining Corp .oi Canada—:„r
*
Minnesota Mining1 & Mfg
.....
f
3%
9 Va
26
28%
-
109
Jan
7
10
Feb
15%
12% July
,
cbmmon__
Co
•
i
Mid-West. Refineries—
I
3 3/»
-10
Oil Co...
Piping &1 Cupply,
Midwest
Co
Jun
5
Jan
104% July
110
1
—
Pharis Tire & Rubber,
$2 non-cum dividend shares.
\
11
30
100
143/8
shs
Corp
Penn Gas St Elec class A
Penn Power & Light $7
Jun
•
Midland Steel Products—
I
3%
15%
Midland Oil Corp $2 conv preferred..*
,
2%
14%
28%
:
1%
Apr
38% July
50
113
Pennsylvania Edison Co $5 series pfd.*
$2.80 series preferred
•
Jun
19%
Am
preferred A
Pennroad Corp common
Jun
Jun
42 y«
Jan
•
$1.40
Jun
150
21
Jan
36
•
commop
Airways warants
Motors
Jan
38
6%
—
new
143/4
800
1043/4 105
113
Parkersburg Rig & Reel
1
Patcliogue Plymouth Mills
——•
Peninsular Telephone common.—
•
Feb
45
preferred
American
Paramount
Jan
7%
1st
Page-Hersey Tubes
100
300
37% X38
pfd—.100
Pantepec Oil of Venezuela
Jan
18%
100
X40% x403/4
•
6
10%
2%
Light 1%
Service
18
18%
:
&
Public
185
5%
10%
——
Jan
Jan
3%
13%
18%
Co common
Pacific Gas & Elec 6% 1st pfd
_2B
5%%
1st preferred
—...28
Pacific Lighting $5 preferred
»
Jun
11%
Class B
13%
Pacific Can
Mar
10
•
Jan
Securities.
Overseas
Jun
10%
1
Preferred
»
10%
10
,Jan
16% May
Feb
Micromatic Hone Corp
.—1
Middle States Petroleum class A V t c.l
>
i
^% July
July
12%
Jan
High
Jan
9 %
45
Apr
IOO
3,700
51%
...2.50
Michigan Sugar Co
104
4%
4*A
15
Michigan Steel Tube
400
Low
6
1
Jan
91
3%
104
25o
Corp
\
150
-
Rang* Since Jannanr l
High
Omar Inc
Jan
4%
—
1
Michigan Bumper Corp
:
I
Low
e
Jan
144
2,200
Shares
Mar
125/a
Mar
123A
90
5%
117
100
...
Jan
7% Mar
500
185
16%
preferred
Textile
5
•
■I'Biniurmim-iw'vrmi
'-T«ntrr'
14%
180
5'
Ilia
Scott
-nwti
Participating
13%
185
St
1
200
95
—*'
common
Far
13% July
2% Jun
7% Mar
44
200
:ioo
pfd
„—,
-—
Messabi Iron Co
't
1%
10%
common
WfHTfUltS
8% Jan
1%
10%
Co
Stores
300
i%
•
1
Memphis Natural Gas
13%
6 3/4
for Week
Oliver United Filters B.
Mar
29
Apr
Sales
Range
of Prices
Sale Price
38% Aug
5% Aug
.—*1
t c—
Week's
Friday
Exchange
..
Marion Steam Shovel
v
18
Jan xv'/
21
Massey Harris common
McColl-Fron tenac Oil Co 6%
Curb
High
Mar
33
Margay Oil Corp
Mass Utilities Association
3
Range Since January 1
High
•
—
Internat Marine
Communication
Low
—£1
Co
AUGUST
for Week
•
Mfg
ENDING
STOCKS
Range
of Prices
Exchange
Par
Manischewitz
WEEK
Sales
Last
Sale Price
York
FOE
19%
700
143/4
Apr
21%
Apr
19
H Jan
2'A
Jun
1%
700
1%
1,
& FINANCIAL CHRONICLE
THE COMMERCIAL
592
NEW YORK CURB
range
for week
EXCHANGE
ending AUGUST 3
Week'e
t*t*W
Last
Range
far *%##%
Sale Price
of Prlwi
Mia.rr*
Friday
STOCKS
Leather common
Shares
—
preferred——
ShefWiu-WUiiams of Canada
Slck's Breweries Ltd
4%
4Va
17 V*
4Va
5%
Jan
15%
Apr
18 Va
Jun
102%
Jan
121%
Apr
116%. July
114y2
Jun
20 V2
Jan
21%
20 Va
Apr
26
—
.
——
Feb
July
16% May
12% Mar
275
13 Va
12%
13
Jun
200
400
110 Vz 113
113
12% July
Jan
3y4
1,400
4%
17'A
Ilia
Mining
& Power——"Zh
8herwin»WiIliams common
.100
Denn
7% July
5% Mar
10'/a
common
Co
Slmmoiis-Boardman Publications—
$3 convertible -preferred—
—.
,__1
Simplicity Pattern common
.100
Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec 1%
pfd
32.
3
Apr
400
3Va
3%
3%
Universal Consolidated Oil
—10
.—
*
Class
B
,
•
Co
Universal Products
Utah-Ioano sugar
IIZb
—
preferred-
Utah Power & Light $.7
Utah Radio
Products
(Howard)
Smith
6y«
Solar
Southwest
July
19
y8 July
Jan
22
.10c
IV*
Jan
8
7%
8V3
3,900
3%
3%
"3Vz
2,600
2%
Jan
3%
Oil—
834
,7%
Jan
9 ya
5%
5%
45%
45 Va
200
Pa Pipe Line
42%
27
California Edison—
—28
5% original preferred
-•
23
6% preferred B_—
■—
25
5Va% preferred series C_:
.100
Southern New England Telephone.
..10
Southern
Phosphate Co——
_10
Southern Pipe Line-.
—
.—8
Southland Royalty Co
—
44
31%
30%
30
,
Jan
31% May
31% Jun
8%i
Apr
12
27
Jun
Jan
36
Jun
Jan
5y4 Mar
Jan
26% July
20%
800
107% 107%
21
50
20 y4
20%
25%
35
"iv*
iy8
1%
iy8
1%
1%
18%
107
A Jan
A Jan
300
A
11%
5,500
%
1st preferred..—
5-^
2d
100
2V2
Jan
22%
1,100
10%
Apr
13%
54 Va
200
53 V*
Mar
54 % May
200
15
Apr
16
11%
Jan
16% Mar
150
•
15%
15%
13%
13%
13%
100
1
5%
5%
5%
800
20
,
3%
14 y4
3%
9
Feb
100
Jun
Feb
July
18 V2
Jan
Jun
Jan
3% July
Jan
"17% Jun
1%
2,100
14%
r
Feb
6y8
14
75
16
3
,
4% May
"'
2,000
' 7%
16
14%
12
«
30
30%
600
23% Jan
*
3iy4 Jun
1
21%
21%
100
19%
Jan
-
25 % Mar
52%
200
48*
Apr
52% July
350
14%
Jan
20
200
10% Aug
.
Superior Portland Cement—
--$3.30 "A" part...
•
52%
52%
17%
Class. "B" common
17%
11%
17%.
10%
Till
Pinch Oil Corp
Swan
Waco
M~Us
Knitting
1
10%
Light 7%
Textron Inc
Shovel
Thew
Tiln
Roofing
'■
i..
'J.-
'r— ■"
29
33
33%
1
Tobacco
12%
13 V*
700
10%
11V*
1,900
8
1.28
We.ntworth Manufacturing
•
West Va
8
Western Maryland Ry t% 1st pfd—100
Western Tablet & Stationery coni—
•
Westmoreland Coal
20
Utility $6 preferred
Coal & Coke
Product
*
Feb
12% Apr
Westmoreland
dep recs def teg
6%
1%
85%
85%
i .'.
(R
Williams
Products
Wlllson
Co
&
CI
Inc
Winnipeg Elec common B
Wisconsin Power & Light 7"£
Portland
Wolverine
Cement
Wright
.
"
V
■
1
2,100
4%
2,300
42%
42%
1,300
2,300
.
41
1%
1%
1%
1
"e%
"8%
~8%
700
•
13
13
13%
500
warrants
Aircraft
3%
3% '
6
5%
600
y4
3,000
o
600
200
7%.
7%
"
rJ
Products
—
13%
14%
7,600
23%
14%
United
Cigar-Whelan
Corp
23%
100
Jun
Jan
14%
Jun
Apr
11%
Jun
Jan
1% Mar
^
$3
participating
United
2%s
Friday
f debs
s
3%s
s
f debs—
3%s
s
f deos
—
Lt deb 6s_
Amer
Pow &
Amer
Writing
6s
Paper
Elec
Appalachian
3Y48
Pow
~ '•
.—1950
1960
1970
...2018
.—1961
1970
2024
Appalachian Pow deb 6s
Molasses
July
67
6% May
13% May
1% May
'
-10%
Profit
V.y
18%
17%
18%
89
90
1%
Jan
4
Jan
2% July
35%
Jan
5%
Feb
59 % May
1953
4%s
Elec
1,700
13
20,700
30
40%
38%
42
F- A
40%
3f %
43
-1968
A-O
40%
38%
preferred
75
74%
75%
47
46%
47
11%
common-
11%
S
42
5s
ADebenture
.1977
5%s
deb
AConv
1st
,
1st preferred with warrants—
Radiator common
•
3
*
•
Jf-N
118
2175
A-O
1112% 113%
J-D
8 A Central States Electric 5s—. 1948
.1954
A5%S
_i.
Debenture
A-O
2%
Jan
.1969
A-O
104%
.1971
J-D
.1969
J-D
5s
.
—
—
ser
P..:
.1970
C
>—
(Bait City)—
Gas
—
F-A
& Western RR—
Division—.
United Wallpaper, Inc.
:
%3
125%
101
103%
it
7V4 July
Jun
7% May
Feb
71
9% Mar
15% July
Feb
26"'; Apr
22
'
110%
Jun
y4 Jun
Jun
Jan
9%
26
Jan
13% July
14% Mar
19
45
July
Feb
90% July
7% Jun
%?
-
M-S
71%
mu
71%
M-S
49%
39%
40%
IJ
M-S
101%
101 % 101%
t*
1956
2030
1956
4s ser B____
mtge
F-A
106
IM
—
1127
Fuel 4s ser A
Light 5s
Water Lt & RR 5&^
M-S
m%
f-'i
f. "
H*
w
[
(
■'
A
Jan
1% Mar
286
Jun
2%
Jan
11%
Feb
May
73% July
81
May
Feb
50
Apr
Mar
14% May
44
9
•
Residential Mtge Bank—
^
1969
1953
A—...1948
Grand Trunk West 4s
1950
Great Nor Power 5s stpd
1950
Green Mountain Pow 3%—
—1963
Grocery Store Prod 6s
1953
Guantanamo & West 6s
—1958
Hygrade Food 6s ser A
Jan 194?
6s series B
Jan 1949
Power 3%s
Serv 5s
Gatlneau
A
Pub
General
AGeneral Rayon Co 6s ser
m
j 89
—
..1961
stamped
5s
•
yk
A-O
J-J
—
J-J
1102% 1«H%
—
J-D
..
104
—
J-D
J-J
*.
1
mr* iov%
F-A
J-D
1-
74%
104
2
1V4
no?
tm
1101%
74%
A-O
1104%
A-O
%"
13%
Jun
20%
1st
1,100
2%
Feb
Jan
91%
Feb
Co—
5y2s series B
ref
&
1957
5s„
Sei vice
& ref 5s
lien
P A L 3V4s
{International Power Sec—
Indianapolis
A6V2R
A 7s
(Dec
(Aug
series
A7s
1
1941
coup)
E—
series
A7s
C
series
A6yas
—.1950
—
1963
1970
1941
coupon)
F
(July 1941 coupon)
.
—1958
1955
1957
1957
1952
1952
Jan
Jan
83
300
4% Jan
9% May
Interstate .Power
7
74%
♦. J
14*
-
V" to
Debenture. 6s—:
Altallan
Superpower
104% 104%
%
J-J
103% 103%
i i
103%
v.
6s
-M.
104% 104%
'1->
;
y
i
106% 106
1
—
61%
54 '
4
154
F-A
553 i
53
154
J-j
V*
1
62
54 *
J-D
<4
*
t
3.
*.2
%
55%
!•
^
60
.
;i
•
55 3 4
53
55%
,1
100% 101%
J-J
86s4
84%
J-J
52%
52%
41
V
87
_198b
»2%
2%
100
1%
Jan
4
2%
11,300
il
Jan
2% Aug
Jersey Cent Pow & Lt 3%s_.
—1965
Kansas Electric Power 3y2s_—,...1966
2
5%.
5%
5%
4,200
6% July
Kansas Gas
A/Electric
V1
■J 'v
'v
F-A
M-N
100%
2%
Jan
M-S
J-J
2
4%
•/,
?.:•#»•
-
.—1957
.—1952
5s
2%
Jun
i'|
f j
1103
—
1
i >i
..
•
1st
•
,
'
Ut
! 06%
10S
Power
Illinois
A7S
8% Mar
f
h'f
Jun
Jan
86
■!
p
1993
..1993
4s ser A—
1st mtge
Finland
Apr
7%
SOS
1123
101%
^
.105
108
A-O
.1958
Jun
1%
6%
104% w%
;
Feb
6% July
8V2
13 y8
*
4 "4
mi ■j
to:
i
iiot% m
108
10*
J-J
.1954
Continental Gas & El 5s__
M
\ms*
;V'A
(Bait)—
& Pr
N
mtge 4%s
Gen
M
im
■
10,1% 103%
los
—50e
■
United Stores common—
'■
las
105%
1st ref mtge 2%g ser
4
4 % Mar
200
125
lCf>
)\
103% 103%
M-S
A-O
ref mtge 3s
1st
Elmira
150
1%
j
.1958
series
Jun
1,800
89
*4
«W
5s—
El Lt
Gas
10
10%
1%
3%
'.|
if
IM%
5s.
deb
Debenture
Lackawanna of N J
13%
87
76%
84%
2102
103%
Delaware Lackawanna
10%
1%
$4
F-A
12% May
13%
89
*
.1950
14% May
80
|
1(4*1' f
m :4
73%
74%
75
M-S
Jan 1966
Ss
Service
j|;
:vil|
13
73%
J-D
B
series
6s
Cities
M-S
.1927
.1952
ctfs.
: >$
;
103% 103%
J-J
.1955
Rys 5s
fAChicago
T
m
m
tm
-1970
i
4
list
Q-F
-1962
2%s—
Edison
Boston
104%
110% m
J-D
..I960
Jan
13%
_1
1
Reclaiming
,
-1957
B
C
series
5s
11
3)
nm
of Canada—
series
5s
M
M-S
1
r
^%'H
■
41%
37%
M-S
.1964
ni
.
103% KHU
F-A
.1955
3%s.
Apr
10%
Foil Co class B.
Rubber
375
;V-j
'■sfe
•
12 V* Mar
9
S; Graphite common..
: U S and International Securities
U S
300
1%
'
»
41
140
MS
j-ir
Jun
5% Mar
■
upM
100% m%
-1950
15
275
1%.
i
124
li21
101
i
I'.'
'i
*
i*'$
1%
107
J-J
A-O
-1949
Indiana
__
U
U
J-D
J.J
% n *
J#7%
101% 101%
107
107
■<*
flh!
110
no
M-S
j.j
'i*
im
J-J
Apr
7%
f: j
h-\
m
4%s
2
6V2 Jan
Sharing.,
W*
1102% 103
J-J
deb
AConv deb 5s
Jan
1
Ltd—
Preferred
$5
Rid A A#h«d
-1948
Jun
20
United Specialties common
U S
Friday a
4%s_.
117
38
•Uriited Shoe Machinery
»r
deb
May
Apr
—7
rets ord regis
United NJ RR & Canal
United
Sate Price
Week's Rang#
AConv
107% Mar
Jan
12%
preferred.
Co
Last
lAssociated Gas it Elec Co—
3%s
3/64
'Amer dep
•
;^v
p.:;,,
Consoi
95%
Uriited Milk Products
•
3
3%
Interest
Curb Exchange
American Gas A Electric Co.—
May
20
12%
b
■■
3%
*
Period
91% July
Jun
9,000
Zo
'United Light & Railways
1
|;-r
n
BONDS
York
New
112
71%
V4
A.
m
common
J !?>
1 *
.51
6%s
9V2
106% 106%
•
United Elastic Corp
Gas
II#
Jun
Stores.
$5 preferred
Utitiea uorp warrants—
United
10 %
—
Bickford's Inc
9% Jan
-
«.•
,-'l
tb
.
1
Jun
121
IV*
»
6V2 July
—1
tV
«
tm
.1998
38*
59
..100
United Chemicals common
not
3%
1%
8%
.100
Union Stk Yds of Omaha
United
It-
4«
16
200
Electric Power &
-10
Investment Co
Uhioa
11%
16
.
1st
—1
'
Co
v^ij
t- f ,-r
I (
'''
Eastern Gas &
Corp
u
ft*
»♦-
53«
Bethlehem Steel 6s
U
Unexcelled Manufacturing
Uriion Gas of Canada
250
13%
Jen
Jan
12
•
Tung-Sol Lamp Works
80c convertible preferred
Udyllte Corp
Ulfen Realization
21
*-4iv
A7U
Consolidated
4%
4%
10
Inc
Trunz
19%
25
40%
13%
25 V*
Jan
-
Corp.
Trans western Oil Co
Tri-continental
1%
1%
1%
.fyr
?:i8
40%
2
—
Ltd
Hargreaves
IM
t,
5%
1
-
.
m
10A
receipts.
deposit
American
12
•
Woodall Industries Inc.
Woodley Petroleum..
Woolworth (F W) Ltd
i|
|:!;i
$
?6* V-
12%
pfd—100
]
18
Jun
12 y2
111
.100
'
.
30
109
109
Tonopah Mining of Nevada
Trans Lux
100
40
1%
86 y2
1%
zi*
!lOO
preferred^.
7%.
6
12
i'
4'
I
10
—4
1
River Oil Corp
Conv
—*
preferred
7% Feb
26
12% Mar
Todd Shipyards Corp
Toledo-Edison
V
%<■'
90$
m
10
Inc
Weyenberg Shoe Mfg
Wichita
33%
30%
3%. Jan
—
dep rets ord regis
Amer
Jan
61
'
—•
Exports
Tobacco Security Trust Co LtdAmer
5%
%
.
%-% J-
5M
4%
28%
4 %
28
28
A
28
West Texas
Cincinnati St Ry 5y2s A
•
& Allied Stocks
Tobacco
12%
11 y8
Jan
6%
150
1
Tne
Tlshman Realty & Construction...
Jan
116
100
1,100
28
28
B
common
'
'
IV*
714
—1
_
Co
'
'
2
Jan
19% Aug,
2,400
2iy»
19%
•
.100
pfd
Oil & Land Co
5%
27%
600
32%
31%
32%
100/
6
6
6
•
Technicolor Inc common
Power «r
27 <'4
•
t
Olft'SS B
Wayne
Bell Telephone
Texon
2IV
114
If*
100
preierred
Atlantic City Elec
Texas
i»
•
Co.
Aircraft
1%
I'
n
f
■
i-'
;
-
Wagocr Biking voting trust ctfa ext—•
Assoc T & T deb 5%s
Taggart Corp common
Tampa Electric Co common
144
1 i % RLur
AConv
Sun- Ray Drug Co—
>•!
t;
Associated
tH S-K
Sullivan Machinery.;
4;
71/4
7%
16
..8
Corp..,
Strooc.k (S) & Co common—_
(Hugo 1
A |
%
m
Feb
54%
Inc.—
(J B) Co common
ft
4'* %
4'i
Jun
11%
1
Brumes
2m
W
July
>
22%
Sterling Brewers Inc.—
Stetson
13 Va
3m
•
68
Jan
11
11%
50
preferred—
11%
$4
9%
n
10%
Manufacturing
6% July
*
22%
.—
76
11%
13%
Petroleum
Venezuelan
9
LM
5
4%
5
76%
-1
3% Mar
Jan
3%
Sterling Aluminum Products-
Sterling
Jun
600
61
-III
iw
50'.)
n
_8
preferred
convertiole
$4
July
% Jun
6ya
•
& Co common...,
Sterchi Bros Stores common
8%
1% Jun
18
3%
U—
Jun
145
5%
6ya
1%
%
Jan'
3%
.—1
ctfs„1
Jun
Jan
700
%
•
•
Jun
114
Jan
105
16%
15%
16
260
126
125
125
20%
Jau
July
3,400
.
1% Feb
Jan
3%
1,250..
25%
Feb
6V4
Mar
17
100
■'
4%
Jun
7% July
.27%
1,200
4%
33%
34 y8
;—.—1
1
Products Co
Standard Silver Lead
:
Standard Tube class B
Btarrett (The) Corp voting; trust
Standard
24%
34y2
23%
23%
Standard Oil (Ohio)—5% pfd——..100
Standard Power & Light—
1
Common class B_
•
(A)
64
Apr
Jan
—
common——1
$1.60 convertible: preferred—.—.—20
Staridard Oil (Ky)_
:—:
;
10
Stein
Feb
Jan
4»/4 May
Standard Dredging Corp
Steel Co of Canada—
10%
14%
5
300
Jan
11
Jan
x51%
_6Va "?
Spencer
Jun
July
9 V*
12
200
12%
135%
Jan
.
—2.78
.-1
—10
May
30 V*
200
" 9
12%
46
29% Mar
-50
(A G) & Bros pfd—
Shoe Corp.
Stahl-Meyer Inc—_.
Standard Brewing Co..—
Standard Cap & Seal common
Convertible preferred
-i
Ttfcfir Corp common.
Waltt & Bond clans A
Jan
134 y2
~9
Feb
200
31%
30 y8
Feb
32
200
46
31%
49 y4
Jan
May
41%
50
46
5% May
Jan
4
600
45%
1
—10
3%
3%
Jun
—23
—
9%
3 V4
#•'%
IM##
*5%
78%
9%
Jan
400
8Va
3
9% Mar
1
1
P
4 40#
.1
$5.50 priority stock
24
%
I
^
It#
4%
Jun
1
—
Southern
Spalding
Apr
10%
3,100
18
*
%
30%
4
76%
Utility Equities common..
Vogt
Corp—_
Boss Manufacturing common—
South Coast Corp common.—Penn
113
Feb
19%
17 V*
17 y4
1
Sonofeone
South
110
.100
£9%
4%
4»
t' %■
Jun
6Ya Jun
Jan
30%
1
*»
t
V(
%
4
12% ■J* Si
UM
5
b*
21
*
if'-H
16%
Jan
Mills—
Paper
Aircraft Co
Manufacturing Co
Solar
,J51
4%
500
5Vz
4%
Z—1
Singer
5%
16%
4%
rziio
Insurance
Universal
*
16%
Cooler class A—
Universal
;
High
Mar
370
267% Mar
80
312 Vz 317
314%
36
Jan
Low
Par
High
Low
High
Low
Curb Exchange
York
New
"Range Since January 1
1
Bhawmigrm Water
Siiex
for Week
of Prices
Sale Price
Par
Shattuck
Sales
Range
Last
Curb Exchange
Serrtck Corp class B——
Seton
Week's
Friday
STOCKS
York
New
6s——2022
M-8
105%
105% m%
107
J-D
t104
M-S
:ua% 120
i\
V!
u.
e-si
i
***
(t#
j
»i.
Kf'
For footnotes
see
page
593.
HP
A
THE COMMERCIAL &
592
NEW YORK CURB
EXCHANGE
AUGUST 3
WEEK ENDING
RANGE FOR
Monday, August 6, 1945
FINANCIAL CHRONICLE
Week's
Sales
Last
Range
for Week
8ale Price
of Prices
Shares
Friday
STOCKS
STOCKS
10%
-23
(Howard)
.
Penn
Oil
21%
Apr
26
Feb
July
16% May
—
Apr
113
19 % July
10%
Jan
8%
3,900
7%
Jan
3%
2,600
2%
Jan
3%
400
7%
Jan
600
4
Jan
45 %
42%
200
45%
45%
5% May
,
49 y4
Jan
27
Feb
Feb
32
May
Jan
46
30 %
Jan
31% May
—25
31%
31%
31%
—25
30%
30
30%
200
29% Mar
Jun
135%
Jun
200
8%
,
—10
Apr
Jan
10%
Feb
July
14%
Jan
12
200
12%
12%
6
x51%
"7
Jan
(2
.2.78
23'/a
23%
24%
1,200
34%
33%
34%
1,250
4%
20%
Jun
Jun
21
20 %
20 %
3,400
260
126
Jan
11%
Jan*
3%
3%
2%
Jan
5%
6%
600
3%
Jan
)Hugot
Stroook
22%
11
11%
.1,100
10%
Apr
54%
200
53%
Mar
54 % May
Apr
16
Feb
15%
200
15
13%
100
Jun
5%
800
6%
Feb
7%
-.7%
7%
2,000
11% Jan
4% May
3% Feb
14 y4
5%
14
18%
(S) & Co common
75
16
16
July
Jun
3% July
Jan
17%
Jan
12
100
14%
14%
9
Jan
v
1%
2,100
3%
3
Jun
21%
21%
£ 100
19%
Jan
43'
Apr
52% July
V
52%
III
Swan Finch Oil Corp
52%
52%
200
17%
"3" common
Class
Jun
25% Mar
Superior
n
Aircraft
1%
17%
17%
350
14%
Jan
20
Feb
11%
200
10%
Aug
12%
Technicolor Inc common
%
10%
ft
Power
pfd
Light 79t
8
1.25
Mills
Utility $<$ preferred
West Texas
Coal
Va
West
Shovel
Thew
Tllo
Co
•
5
Coke
&
Williams
C>
(R
Tishman Realty ft Construction
200
18
Jan
28
5%
19%
25 Vi»
Aug.
Jan
Product
pfd
Jan
9%
Jan
30%
Toledo-Edison
16
Jan
Jun
26
Jan
14%
Jun
Apr
11%
Jun
Jan
67
9%
7%
>• 1%.
10%
2%s
s
Friday
Interest
Last
Sale Price
j-j
.—2016
j-j
t deos
ft Lt
Amer
Pow
Amer
Writing
deb 6s
A-O
j-j
;
1948
MS
;.[• i
1949
AConv
Gas ft Elec
deb 4%s
deb
4%s
A Debenture
J-J
-
M
1977
195b
1964
series
5s
-1957
B
101
-
Service
Cities
deb
112
May
3%8
May
117
Jun
2 %
Jan
5s
Debenture
Debenture
5s
-
El
Gas
series
35%
convertible
80c
Jan
1%
1
2,300
~8%
8%
700
13%
8%
13
13
preferred.
500
J*
Feb
; 59% May
Jan
2
Apr
.15
116
29
12
29
43%
'•'7,•■'■23
99
104%
..
•
Oaa' 1
'
••
■■
■
yju'-"
7
,
'
,,/ ■'
Ulen
vyy
7%
Jan
Q-F
Realization
.10fl
Corp
Mar
•'
7
Gas
Union
ser Q
(Bait City)—
1st mtge 4s
5% Mar
10
Jun
Elmira
)%
600
2%
Jan
4
Feb
5%
0%
3,000
4% Mar
7%
200
7% July
8%
1
13%
14%
7,600
23%
100
20
95%
9,000
3/64
7y2 May
6% July
14%
15% July
9% Mar
22
Feb
71
Jun
59
common
Cigar-Whelan
26 /;
Apr
Jan
110 %
Jun
Apr
%
"Feb
Stores.
preferred
'
Uriuea corp warrants
«-"$5
ft
%
Ttrftted Elastic Corp
United Gas Corp common
.10
12%
12%
13
'United Light &
-7
18%
17%
13%
89
90
Jun
Jan
20
1,700
Jun
9%
26
Jan
13% July
20,700
19
Milk
Products
Jan
45
July
86
Feb
90% July
14% Mar
'
$3' participating preferredUnited Molasses Co Ltd—
<
Amer dep rets ord regis
United NJ RR & Canal
■i
275
>i0%
Shoe
75
Machinery common
Preferred
Jan
300
75%
375
2%
9
May
73T% July
74%
46%
47
11%
U
Foil Co class B
8; Graphite
U S and
$5
S
13%
common
International Securities
1st preferred
U 8 Radiator
U
10%
Rubber
footnotes
see
•
1%
89
13%
1%
87
10%
80
11%
81
Jun
150
1%
1,100
89
•
page 593.
1
104%
106%
106%
110
106%
109%
103%
105%
—7,7
120%
124 7 7
77
101
106
108
-
J-J
108
"5
-105
8
*123
125%
101
103%
101%
■
'
''
-■.•7
-
i--
'
69%
71%
36
69%
40%
39%
40%
10
39%
1956
2030
M-S
101%
F-A
106
1956
M-S
A
5s
Serv
:
71%
General Rayon Co 6s ser A
Illinois
1st
101% 101%
106
106%
,
iv
39
,
7101
32
104
86
*80
——
—■
50%
103
•
108
77
v
80%
.;
124%
*127
—
127
89
_
105
A-O
16
105%
103%
106%
102 %
*102% 104%
101%
106% 106%
J-J
104%
107%
104
106%
105%
106%
45
J-D
J-J
104
104
*107
108
104
F-A
J-D
-
*101%
J-D
—
A-O
*104%
A-O
55
101
77%
104%
__
106
104%
*103
•
92
67
74%
74%
74%
J-J
1st
Feb
7 May
50
14 % May
Apr
13 %
Jun
20%
Jan
2%
Feb
Jan
13%
lVa
5%s series B
ret
5s
Seivice
3%s
L
91%
Feb
ft
(July 1941 coupon)
.1955
1955
1957
1957
1952
1952
5s
C
series
A6%s
A6%s
A 7s
P
1957
1950
1963
1970
5s
& ref
lien
105
104% 104%
-A-
Apr
'■
A7s
1941
E
coup)
——
1941
(Aug
coupon)
F
series
A7s
1
(Dec
series
Interstate
105%
102%
103%
1
102%
104%
1
106...
109
106% 106%
M-N
61%
/
2
54%
30
62
2
62
54%
J-D
-
28%
63
37
60
'
F-A
,
55%
*54
53
55%
100%
55%
16
31
60
22
31
63
100% 101%
42
97
102
53
60
.1957
J-J
1952
J-J
86%
84%
87
23
71
Superpower
198k
J-J
52%
52%
52%
5
37
105% 106 %
22
7%
300
4%
Jan
9% May
Altallan
2%
2%
100
1%
Jan
4
Jersey Cent Pow &
Electric
2%
2
2%
11,300
12
Jan
2% Aug
Kansas
2
5%
5%
5%
4,200
4%
Jan
6% July
Kansas Gas &
6s.
Lt 3%s_
1965
Power 3 %s
.1966
2022
Electric 6s
,
M-S
105%
63
37
55%
*54
J-J
62
6s_
Power
Debenture
6%
Jun
102%
13
104 % 104%
103%
F-A
/-:• 3
103% 103%
MS
J-J
Jan
8% Mar
183
Co—
Power
ft
._50o
;
ios
(International Power Sec—
'
125
9
'mmill-"'
104% 105%
MS
1969
—1953
—1948
Grand Trunk West 4s
——— .1950
Great Nor Power 5s stpd——
1950
Green Mountain Pow 3%
1963
Grocery Store Prod 6s
—1953
Guantanamo ft West 6s
—1958
Hygrade Food 6s ser A—
Jan 1949
6s series B
Jan 1949
A
3%s
Power
Pub
General
Indianapolis
Feb
9
13%
106%
105
J-D
F-A
1961
Jan
Mar
44
200
1,800
105%
103%
Jlf-S
& RR 5s^
m
Reclaiming
Wallpaper, Inc
For
B
ser
j
common
United Stores common
United
•
with warrants—
10%
105%
103
8
'
*107% 103
Residential Mtge Bank—
Gatineau
A7s
U '8
4s
Jun
286
1% Mar
11%
47.
United Specialties common
7%
Jan
1%, 1%
Sharing
preferred
United
■
6%
Profit
103
106
1993
-1993
stamped
5s
Indiana
'
United
•
30
90%
101%
Jun
38
Railways
'
united
104%
A-O
Jun
■
*
United
mtge
Finland
6% July
IlOO
Products
Urffted Chemicals
dIJI>
3% *
60C
m-
of Omaha
Aircraft
A-O
J-D
1954
A
ser
Water Lt
!1%
7%
6
•
Investment Co
Union Stk Yds
United
A-O
7
103%
38
103 % 103%
105 '" 105%
.1958
Fuel 4s ser A
Electric Power & Light 5s
23%
..10
Co
Canada
of
3%
1
103%
105%
85%
'
103%
•
3
105
105
'
MS
68
85%
59
63
103% 103%
F-A
58%
35
— • ->7
104%
*102
.'if1'
;V
105%
A-yl
7'
86
180
112%
102%
13
75%
84%
„
-
121
110%
i
'
Eastern Gas &
8%
,
73%
74%
75
•
113%
118
170
73%
- -
4
190
*112% 113%
103% 103%
i.
A-O
& Western RR—
Lackawanna of N J Division—
14% May
106% 106%
Unexcelled Manufacturing
Urlion
*175
.
108%
110%
45
118 V.7-
118 7
-■
Delaware Lackawanna
12% May
12%
U
—1
Corp
105%
'■
110% 111
v/:.
;
--y..•
■■
■
Odyllte
"/
;,:"v
106%
*105
'
43%
'
1971
1969
1978
N
Gen mtge 4%s
Continental Gas & El 5s
1st
..
43%
38 % * 42
Apr
Jun
42%
29%
57
J-D
ref mtge 2% s
1st
42
29
v::
7.7;. 143
(Bait)—
ft Pr
Lt
101%
29
103% 104%
A-O
mtge 3s ser P
ref
1st
July
5%
Jan
4
2,300
1,300
Inc
Tung-Sol Lamp Works
{
4%
42%
1%
1
42
40%
MS
Jan 1966
1950
1958
1
.1969
5s
5s
129%
92%
42
M-S
.1927
1952
ctfs
A
B
111%
123
93
38%
M-N
1954
102%
;
108%
39% >41%
-
J-D
1948
109%
100
*
5
739%
J-D
2%s
Rys 5s
series
6s
Mar
1%
1
7;
109%
109
110%
104%
3
40%
J-J
—
106%
17 7
,
•■vi 40%
M-S
.1955
6s
High
104
107%
1
7";7-
107%
*40 —41
J- -■
A-O
1960
1998
1962
1970
C
(AChicago
107 %
1%
Low
101%
*127
129
100% 101%
M-S
5 A Central States Electric 5s
A5%s
111
warrants
Range Since
January 1
No.
of Canada—
Edison
Boston
30
12
Tri-Continental
f, Trunz
Bonda
Sold
-
F- A
City Elec 3%s
series
Consol
4%
May
4& Jun
'
F- A
5%s
Telephone
91% July
41
15
Jan
110
109
j-j
*,—1950
1968
;
5s
deb
AConv
13% May
1% May
4%
Feb
Feb
Jan
Co—
AConv deb 5s
Jun
2,100
Jun
3
101% 101%
j-d
1953
4%s
Elec
(Associated
1% Mar
42%
12%
109"
107
'
71%
.1
14% July
Low
109
107
1961
1970
;
3%fl
Pow
Appalachian Pow deb 6s
40
..10
j: Transwestern Oil Co
8% Mar
Week's Range
or Friday's r
Bid ft Asked
:'s 110
M-S
2024
6s
Paper
Elec
Appalachian
Consolidated Gas
'Trans Lux Corp
6%
*102% 103
j-j
-1950
1960
1970
f debs
s
100
'
Jan
11
f debs
s
3%s
1%
1%
5
7,300
3%
3%
Exchange
Curb
York
3%s
86%
1%
111%
American Gas ft Electric Co.—•
1%
.100
Jun
Jun
9% July
High
85%
"1%
Aug
11
Jan
110
Period
Conv
12% Mar
1
16
~
6
deposit
New
1%
Tonopah Mining of Nevada..
i;
Jan
100
-1
85%
preferred.
Jan
Jun
-
-
receipts
Wright Hargreaves Ltd
July
6% May
3%. Jan
109
Feb
Jan
15%
450
10%
Woodley Petroleum
Woolworth (F W) Ltd
#
109
14%
21
11%
13%
16
.
.100
Feb
Jun
38
1,900
Jun
21
May
200
Bethlehem Steel
Jan
Exports
Corp
6% preferred.
19
100
Blckford's Inc C%s
6%
Tobacco
Todd Shipyards
40 % July
13%
Cincinnati St Ry 5%s
Security Trust Co Ltd—
Amer-dep rets ord regis—.
Amer dep recs def reg
30% July
12
13%
Jan
12%
*
Jun
Jun
14% July
•
Cement
Jun
121
100
700
May
164
Jan
i9%,-;2r:^-^:V25a
~5%
1st
61
ft Allied Stocks
Tobacco
Feb
14% July
28
13%
5s
150
113
27%
~5%
Jun
13%
6% Feb
f
Jan
Mar
25
40%
.10
American
May
35
Jan
9
900
Jun
5% July
135
•'
12%
12
12
Jun
29%
111
•
Tobacco
4%
200
6
-2
Feb
1,100
11%
28%
40%
1
Inc
Portland
Wolverine
7ya
33%
10%
100
Jan
Woodall Industries Inc—1,
331/2
12%
11%
4%
3
100
Jan
33
12%
I
1
Mar
Co
ft
Products
Willson
Winnipeg Elec common B
Wisconsin Power ft Light 7<fc
Jan
116
29
Mar
17
4%
28
Jun
14%
114
200
28
—10
Corp
River Oil
Wichita
Jan
__i
Mfg
Weyenberg Shoe
Jan
107
27%
10
Westmoreland Inc
8% May
5
20
Westmoreland Coal
5%
-
7%
7%
I 28
28
—8
common
Roofing Inc
Jun
300
Maryland Ry t% 1st pfd—100
Western Tablet & Stationery cow
•
27%
2,400
21%
—
1
14%
13%
Western
600
32%
31%
19%
2
Inc
Textron
32%
100
Tcxon Oil & Land Co
Jan
11 % Mar
11%
10
•
;
Wentworth Manufacturing
100
6
6
6
•
Texas
Apr
12%
100
•
Bond clans A
Knitting
Wayne
Apr
10%
1
•
Apr
82%
Jun
100
prel erred
Class B
Bell
common
6%
Jan
9%
Wagner Baking voting trust ctfs ext..*
Atlantic
Tampa Electric Co common
Jan
54
•
Co
Assoc T ft T deb 5%s A
Tiggart Corp
3
40
W
Waco
AConv
Sullivan
■
Feb
Jan
10%
Manufacturing
Associated
31'A
23% Jan
600
30%
30
•
Jun
1,400
5
Feb
13%
16
Portland Cement—
—$3.30 "A" part
.
13%
11%
Jun
13%
-5
Machinery—.
Buh. Ray Drue Co...
600
3% July
98
Jun
300
BONDS
15%
.
10%
77
76
76%
preferred
Petroleum
Venezuelan
July
68
5Va
Corp.—
£t lanes
oonvertiole
$4
6% July
|T
Jan
16% Mar
150
22%
%
13%
..20
—1
Jan
Jan
3% Mar
54%
11%
-50
„
7%
1%
65%
July
Jun
%
100
.""6%
..11
preferred—
2d preferred
Sterling Aluminum Products
Sterling Brewers Inc
.
Sterling
Inc
Stetson (J Bt Co common
18
700
5,500
22%
1st
Jun
Jun
ft
Steel Co of Canada
(A) ft Co common
Sterchi Bros Stores common
Jun
1%
145;
16%
61
Stein
Jun
1%
Jan
105
ft
%
ctfs—1
114
July
15%
16
26% July
20% Jun
{a Jan
ft Jan
.,
300
1%
1%
125
Jail
107
35
1%
1%
5% Mar
Jan
Jan
18%
50
1%
125
3%
800
107% 107%
1
.
25%
~1%
-u-*
class B
4%
25%
1
————1
(The) Corp voting trust
27
36
27%
100
Feb
Jan
17
-10
common——1
1%
Jan
Feb
Mar
—1
$1.60 convertible preferred
—.20
Statidard Oil (Ky)——
.—.10
Standard Oil (Ohio)—59i pfd—.——100
Standard Power ft Light
——1
Common class B_
•
7% July
6%
4% May
•
Jun
64
Apr
5
300
-v.;=V
p'Preferred
Jan
11
9%
"r9
~9
—10
"6%
Products Co
31%
Jan
134%
.100
—50
Standard Sliver Lead—
May
41%
200
Standard Dredging Corp
3%7
4%
5
Tatetrr Corp common
Waitt &
•
50
46
44
46
i ;
Jan
500
550
♦5.50 priority stock
Jun
8%
5%
i,
4% Jun
80%
92
Jan
9%
18
8%
Standard Brewing Co
Standard Cap ft Seal common
Convertible preferred
Mar
3%
3%
Jun
31
Jan
3
78%
9%
9%
Products
Utility Equities common
26
4,400
9% Mar
"3%
'
Bros
76%
preferred—
Utah Power ft Light $7
150
4%
4
4%
Feb
30%
29%
30%
17% July
24
Jun
Jan
Jun
22
3,100
7%
3%
17%
5%
Spencer Shoe Corp
Stahl-Meyer
Inc
Feb
12%
1,800
5
Jun
Jun
8
17 %
—25
Apr
6%
Jan
6%
Feb
4%
Insurance
Universal Products Co.
R«dio
24%
21%
Utah-Iaano dugar
Utah
Mar
Mar
370
Jan
Universal
16%
4%
B
Class
100
16%
16%
Universal Cooler class A
High
Low
4% July
18
Oil
Universal Consolidated
Vogt
—10
preferred B—*
preferred series C——
New England Telephone
Southern Phosphate Co
.—
Southern Pipe Line—
—
Southland Royalty Co
Starrett
4%
19% July
—25
5%%
; i Standard Tube
80
..._1
.—
California Edisonroriginal preferred
Standard
Apr
267% Mar
500
5%
"•/'
6%
36
Jan
3
1
6%
i:
3%
312% 317
5%
1
•
Southern
;
Jan
12% Mar
400
3%
3%
314%
1
—
Spalding (AG) ft
7/
1
Southern
j";
116% July
Jun
275
100
•
Pa Pipe Line
Southwest
i
Jun
Apr
110
Mills
Paper
Aircraft Co
Manufacturing Co
Sonotone Corp—
Boss Manufacturing common
South Coast Corp common
•
18%
121%
32
_
Solar
•
Apr
Jan
20 %
100
Solar
v
15%
102%
13%
12%
Jun
200
114%
13
Manufacturing Co..
Singer Manufacturing Co Ltd—?
Amer dep rets ord regis—
Sioux City Gas ft Elec 1%
pfd
5%>
5%
20%
Singer
South
Jan
400
*
Bimmons-Boardman Publications—
$3 convertible preferred
*
Simplicity Pattern common..——~--l
Smith
3%
12% July
common
Co
Silex
7% July
Jan
1,400
4%
17%
110% 113
113
Breweries Ltd
Blck's
4%
17%
4%
Water ft Power.
8herwin-Williams common
4%
preferred
Bherwin-Williams of Canaaa
6hawini(^»n
Range Since January 1
.'i,
High
Low
High
Low
5% Mar
Mining
Denn
snattuck
Range Since January 1
.1
B
Curb Exchange
York
New
High
Low
Leather common
Beton
of Prices
Sale Price :
Par
Serrtck Corp class
Range
Last
Curb Exchange
York
New
8ales
tor Week
Shares
Week'k
Friday
J-D
*104
107
M-S
*118% 120
90
61
105%
107%
104
105%
116%
120
Volume
THE COMMERCIAL & FINANCIAL
CHRONICLE
Number 4409
162
NEW YORK CURB
RANGE
BONDS'
i.
■
■
,
Friday
■
York
Curb
Interest
Exchange
Last
Sale Price
Late Superior Dist
McCord
Corp 6s
Midland
Milwaukee
at
Nebraska
6s
A-O
.1967
^M-S
.1978
1981
4Vis
—2022
A
•
106
110
2
105%
1073/4
106%
102..
(Hugoi
Gas
1948
J-J
1947
5s
New Eng Gas & El Assn 5s
M-S
101%
New
5s_
England
.1950
107
j
106
108%
114
117
108%
Power
New England
1961
.1948
Debenture 5Vis
N Y State Elec
Gas
3%s
19t>4
Y & Westchester Ltg 4s_^_
North Continental Utility Corp—
N
Ohio Power 1st
1st
mtge
Ohio
2004
Electric
N
Power
St
&
i/
Lt St Rys
6s
series
A-O
.-1971
Service
_1962
Pacific
5s_
1955
1964
J-J
Light
95%
A5s
.1949
West
Western
1053/4
101%
103 Va
0
•.92%
J-D
1st
1977
M-N
1979
5s
M-N
ft
106
:
Pennsylvania Water & Power 3%s_1964
3 Vis
Elec
Power
103
6s
1959
A-O
5%s_1952
A-O
(Maine)
F-A
Philadelphia Rapid Transit 6s——.1962
Portland Gas & Coke
5s
\
Penn
Corp (Can) 4%s B
Public Service Co of Colorado—
1959
1st
mtge 3 Vis
Sinking fund deb 4s
6%
y
perpetual
5Vis
series
J-D
Real
6s
1A York
f
s
Rys
P-A
M-N
Southern
-
V;>
1951
A-O
Counties
Gas
3s
1965
Rys
1970
A-O
Southwestern
Spalding
6s
Gas
L
St
(A G)
Standard
—
P
6s
gold
Standard
Stinnes
v
■
151
I
8s
158%
23
12
108
104%
107
90
96
101
99
i
■f 9
f
■f9
f l
106'/a 106%
106
F-A
105% 105%
.2022
>
•
__
M-S
1989
99
99
*•'"
..
! t'
H)9%i
5s
2030
A-O
U07
109
105%
110-..:
1960
J-D
*118
123
116%
110
..1959
P-A
1043/4
101
105%.
5s
5s
stpd
1937
J-D
99
107%
A-O
103%
A-O
103 Vi
F- A
103%
1986
debentures
&
105%
89%
——
106%
100% 100%
*100
v
1
41
108%
ACauca
Friday
Exchange
105i., •
99 %
101%
J lite
.
•
Week's Range
Interest
Last
Sale Price
or
:
Friday's
Bonds
Bid & Asked
No.
January 1
109
jni-l,
A-O
*66
,
v
..
63
City
*66
J-D
*27
293/4
28%
(
M-N
*85
90
76
F-A
i:91%,
*85
90
60 •;
'.eO3/*
J-J
*29
32%
19
.37
1948
Danzig Port & Waterways—
AExtemal 6%s stamped
(Peru)
;
6y2S stamped.1958
7s
AMaranho
J-J
;
7s
<
•
.
M-S
1958 r
pursuant
*17%
__
19
*43
47
*34
> M-N
2ysS
2008
stamped
•
M-N
•
1951
37%
16%
;!•;
"963/4
batifi
35
96% 1053%
963/a 105 r
1927)—:
1947
1927).—.
1947
A-O
1931
46%
J-D
49it;
*17%
22
22:
22
1972
J-D
*87
90
75
87
M-S
45
45
.1383/4
Mortgage Bank of Denmark 5s
M-N
*48
*
•
.;
d*)
■
$48
>
■45.ni <:
(State)
■^Stamped
ARio
7s
reduced
Janeiro
de
1958
/
to Plan A
pursuant
to
•8
6
963%
2008
6y2S
-963%
Plan
J-J
*43%
.1-;
" "
A
"
46
58
to
Government
2%
,2012
6%s
1919
$36
J-D
-
.46%
.
J-J
-1921
—
-i-O fj
'37 3%
—
»y4
.,
J-J
39
"
8 y8
8%
8%
45
8%
'Cii:
-
1-
••
"v-36%
•
..
.
11
37%
5%.
.22.fi
5% 721%
1 -Artcn
,j'.
"
*No par
1
value,
sale,
rCash
1053/4
78
reduced
-46%
.
,
•M-S
•
.1959 *
pursuant to
Interest
105%
4
*74%
:
'
.
2%s__
105
1033/8 103%
A-O
,36%
•
4 :
1053/4
963/4
19
103%
20%
—
J-D
32
•3ey0 -t-45%
to Plan A
to
yai1
—
of)
5s
Stamped
103
,
-
"'■Low
1952
Bank
5%s
ALlma
Low
AH
-.
Range Since
Sold
1953
Mortgage
Valley 7s
Danish
1033/4
24
103%
103%.104%
■i
r,
1955
(see
Interest
1043/b
103% 104
F-A
.1950
;
•
D9%
High
101
100
3
102% 1033/4
H03
104%
F-A
1957
Corp lnc 5s
(Hugo) Corp—
A7-4b 3d stamped
ACertificates of
J-D
.1957
Light 6s
53% i-,70
.
1951
Dee 1
22
1093/4
105
4
103% 103 %
.May 1948
May 1948
6s__
Curb
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1940
A 20-year
7s
Jan 1947
A5%s
,
104
J-D
—1947
1043/4
Period
ARus&ian
6s
67%
A78 (issue of Oct.
Electric—
&
ha
168
67
A7s (issue of May
106
*108% 109%
fr
116 %1
U073/4 108%
Mortgage Bank of Bogota—
1053/4
1
--*107%
M-N
115 3%
J-D
5s
York
AMedellin
92
106
1
vOj.nUf
67%
109
127
/
--
F-A
1970
5s—
Power
AStarrett
,''.7
106 V*
J-J
1951
^stamped)
6s stamped
Debenture
106%
126
•
106%
115% 115%
—
Foreign Governments & Municipalities
A Parana
4s
Conv
Debenture
109
155.
99
112%-
M-S
debentures
Co
Extended
105%
(Calif)—
/" Southwestern Gas & Elec 3Vis
<
106%
*90
M-S
.»„1971
Indiana
101%
*126
99
310%
1964
AMortgage Bank of Chile 6s
Lst mtge 3s
Southern
102%
103
106% 106%
J-D
3Vis
Gas
101
ff4
108
.
.
(
7
1954
Literest reduced
IO6V2
"I;
110% 1103A
♦
Bogota
41'' 2~X\
104
155
J-D
—1951
Edison
California
A-O
M-S
Scullln Steel lnc mtge 3s__
Southern
155
,
•'
8
106
103
ft 106%,
Newspaper Union—
conv
Stamped
1979
6s
I
M-N
.1952
6s 3
Estate
'V!
;3i ''jl
101
106
•
114
'
—1952
.
>> Southern California
103
107:
101
109
109%
106% 109
102% 103
'
& Pwr
/
109
101
J-D
Harbor Water 4%s._.
^ASchulte
102%
1964
A
106%
13
Jersey—
certificates——
San Joaquin Lt
M-S
25
3%s
Traction
New
109
/1
_
%
101
103
*
-
101ft 102
-
;
108
4
'
114
*107
"I..
J-J
.1949
1
New
Queens Borough Gas & Electric—
Safe
>
of
107
•X:
Power
Service
M-S
ft
■
2022
A
series
Electric
Penn
108
105%
108
Co—
stamped extended..———1950
Public
104%
3
112'
112
.<•#
72%
16
108
A
v'
4103% 105
,
101
—
debs
105
63
106% 106%
J-J
1972
5Vis
4
JIU'U
;
Light Co-
103%
"v.
104% 1053/4
J-D
1970
Philadelphia
109
107%
101%
.
1
"V
71%
105 3/i 106
— M
4
108%:
109
105%
;,v1
■
1053/4
109% 109%
109%
BONDS
Penn Central Lt & Pwr 4%s
105%
1061093/4
3
103
*70%
55
1
98%
..
High
27
'
(Delaware)
Water Power
West
109%
106
103
—:
..
106 7/a
106
•
1
105% 105%
1952
&
income
Wash
104
102%
"
103% 103%
103'%
55
'
108
105%
-
107%
F-A
1st mtge 3s.
St
95%
88
13
-
98%
*105
F-A
55
-
Waldorf-Astoria Hotel—
101%
45
—
*106
.
F-A
1948
Power
103%
98
A-O
4s
Oklahoma Power & Water 5s
Park Lexington
'.
5
102% 102%
,
J-J
-
Co—
A
Utah Power
957/8
'88%
28
102%
103
•
4s.
United Light St Railways
107%
102
..
J
5%s
cons
AStaraped
-1968
3s_
Public
19
'
*105% 108%
—
88
*107% 109 %
/
J-J
mtge 3 Vis.
93%
'
J-J
v.
1
93%—*
92%
103 %
M-N
redeemed).1948
A5%s series A, (21%
92
102%
.1954
&
'X
16
93%
A-O
•'
/V;
93
M-N
3%s
Power Assn 5s
112
923%
.
January 1
Low
110%
*105
;
A-O
1968
Light
1st lien
United
*
116Vi 116%
93%
M-N
Range Since
Sold
No.
Low
t'
106
103 y8
93
J-D
deb
Conv
1946
United
108%
102% 102%
*
Bonds
T
7-4s 2nd stamped
Toledo Edison 3%s
78
105
■»
Friday's
'
A
Debenture
Amsterdam
New
or
Bid & Asked
Industries—
United
64
'
103% 1041/2
—'
Last
Sale Price
104%
8tlnnes
106% 107; „•-/
:r:y.
M-S
Week's Range
Interest
'
-
J-D
Friday
Curb. E*c>iango
High
112
>
:
..
York
High
106 y4
75
106
New
Period
3
1 '1 ,'.i
.
75
—
J-D
Low
104
V'-
^
"'1'
J-D
—"1955
Power
'
jyo.
**10 6% 107
-
F- A
y'1
5s
series
w
__
J103
1948
3
January 1
110% 110%
106
106'
.
—
.1963
u
Gas Light
ref
&
J-J
AUGUST
Range Since
Sold
Low
/,
.
to
4%s_
Minnesota P & L 4%s.
1st
„
A-O
1966
stamped
4%
■V
j—1970
Pow 3%8_
Valley RR—
Extended
■J-J
-1969
Light 3Vic
Kentucky Utilities 4s.
EXCHANGE
ENDING
BONDS
Bonds
Friday's
or
Bid & Asked
High
Kansas Power &
WEEK
Week's Range
Feriod
New
FOR
593
a
Deferred delivery sale,
Ex-divldend.
x
.
a Ex-interest,
r
e Odd-Jot sale,
—
-
-
n
-
-
JPriday's bid and asked prices; no sales being transacted during current week.
A Bonds
81
being traded flat.
C
...
{Reported in receivership.
Abbreviations used above—"cod,"
/.
..1046
J-J
55%
55%
30%
55%
deposit
certificates of deposit; "cons," consolidated; "c
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates)
"wi," when issued; "ww," with warrants; "xw," without warrants.
.
<}J'. L
*oT
it.
OTHER STOCK EXCHANGES
y'-"
•nLv
RANGE
FOR
WEEK
3
AUGUST
ENDING
■%3T.
"■
//9fi'v:
z&y 'oD-
T
•-"•f
Friday
Friday
Sales
Range
for Week
of Prices
Shares
Par
Arundel
Bait Transit Co
Preferred
Eastern
•
Corporation
common
Maryland & Pa
5%
5%
230
32%
10 3/4
115
20
50
8
pfd vtc_.—25
28%
28%
130
t
RR
II
-100
Mills
2.35
273/4
1
16
40
Jan
10
15%
230
3%
Jan
105% 105%
19
87%
Feb
49
2
59
Fidelity & Guar
49
43%
43
47%
7
29'
29%
108% 108 3/4
50
U S
Anr
2.75 May
28% Aug
44
series
:
indebt 5%
Baltimore Transit Co
&
Conn
Jan
-
38
486
Mar
i
6%
100
Gas
Fuel
&
4a
113
$400
108%
Feb
5%
Aug
70 Vt
Apr
76
Apr
1975
82%
83%
28.300
1975
A
85 y2
86%
I 6.150
,
,
t.
"
go
475
6y8
Apr
86
•
119% 120
16%
Jan
(July
9
i
Fet)
-.
24%"Jun
57
113
Jan
120
■
July'
'
■'
.i
.100
$2
preferred
1st
Lines
SS
97
98
475
78%
Feb
54
54%
100
473/4
Jan
3%
.100
99
.100
A
preferred B
preferred adjustment
84
3%
5
43/4-Mat
July
99
75
96
Jun
109
Feb
84
84%
35
71
Jan
87
Mar
153/4
*
16
35
143/4. Jan
13
"
42
19%
100
34
14%
—
143/4
42
19%
lnc common
3
34 Va
70
21% Mar
995
12
May
143/4 Aug
25
38
May
42
16%
Jan
21
31%
Jan
36
16
Jan
27%, Jun
42%
Jan
51%, Jun
July
5
Stores.../.....
Grocery
Economy
National
V
99 •■'.July
59%-'Apr
99
-
.100
preferred—
conv
97%
.100
Street Ry common.. .100
Mass
Eastern
115
67/a
20
17%i July
Feb
Associates—
preferred
July
First
113
19%
High
Jan
41
:
4%% prior preferred
6%
.
:
6%
6%
:•
•iOkTC
6%
Jun
240
•
'
Feb
45%
60
13%
-
Preferred
Aug
29% July
109% July
250
River RR—
Passumpsic
Eastern
49
'
Mar
Low
17%
58
10
T.y0-i ■"
.
Range Since January 1
High
16%
5
HeCitt
61
Low
*
100
1
Employers Group Assoc
Engineers Public Service
Line Conn—
Coast
Shares
'
107
"
40
Trust
Service
15%
?
Certificates of
Calumet
Cities
31%
Jan
26
r106%
364
Prop
Boston & Providence RR
Eastern
28%
Amsterdam Casualty...
Central Ry
Jun
30
Feb
15%
30
tor Week
'"Jun
12%
•
Jun:.:
28%
Northern
5s
Apr
"Feb
25
National Marine Bank
Atlantic
23% July
7
Jun
2.75
100
com
100
Bonds—
2.35
High
Jan
16
10%
v
Preferred
New
Low
956
32%
-100
Vernon-Woodbury
Range Since January 1
C-.l
common
Monongahela West Penn Pub Serv
7%
preferred
Mt
22%
Personal
Boston
High
21%
t c
v
t c
v
Sugars Assoc
Houston Oil of Texas 6%
Low
213%
Sales
Range
of Prices
Par
Week's
Last
Sale Price
STOCKS
STOCKS—
Week's
Last
Sale Price
Baltimore Stock Exchange
•
oW
i
iti?.
1
233A
Stores
24
48%
48%
48%
81
128
"5
il
yJun
vApr
,
May
86 3/i
;91 '
Jun
General
Jun
General
1
Capital Corp
Electric
39.49
39.49
36V4
Jan
41
43%
1,128
37%
Feb
44% Mar
157/a
16 V*
115
100% 101
23/e
2%
*
18
42%
.
—
Gillette Safety Razor Co
40
-
13% Mar
July
-
173/4
Jun
e.< .<0
Bakeries $7 conv
Royale Copper
Hathaway
Isle
Boston Stock
Exchange
Friday
Week's
Range
Sale Price
of Prices
Shares
Range Since January 1
15
Central
RR
5%
36 3%
37%
18
18
100
52
52%
—*
67
67
pfd™
Linotype
Mergenthaler
2%
——25
Theatres
Boston
Maine
for Week
300%
—*
Copper
Loews
Sales
Last
STOCKS—
Kennecott
pfd—
.
100
Jan
1,935
1%
Jan
361
35%
105
Jan
2
Feb
i
3/4. Jun
40%, Apr
14
17
Feb
18%, Jun
35
41%
Jan
62
100
64%
Apr
71%.Mar
,;Jun
ft'
■
Par
Low
American Agricultural Chemical.
American
Tel
American
Woolen
Anaconda
Copper
313/8
Bird
&
Son
Boston &
&
Tel
...10i>
1793/4
lnc
Boston
II100
Edison
Elevated
Herald
1773/B 180
1,862
25
Ry
.-100
Traveler
23%
22
32%
*
Boston
58
327/8
291
20
130
41%
76
20
130
131
40%
9%
29
•:
High
313/a July
..
1
14
13%
14%
410
7%
Jan
16 Va, Jun
5
18%
18 %
19
430
15 3/8
Jan
22% May
25c
26c
National
184
July
Jan
29
Jun
New
36%
Jun
North
Jun
Northern
17
Jan
1153/4
Jan
20%
132
July
Jan
423A
69%
Jan
81
Jun
23%
Jan
30
July
37
Narragansett Rac'g Assn lnc
Nash-Kelvinator
Jan
255
3,180
78
28 3/i
70
29% July
156% Jan
390
41%
76
27
Corp...
100
"
,/
Low
:
3l3/8
23%
50
Albany RR
Boston
High
—
Service
Cos
Butte
7%
5%
8%
&
Maine
RR
(N
H)
class A 1st preferred
stamped_100
class B 1st pfd stamped
100
10%
class D 1st pfd stamped
For footnotes
see
page
600.
100
80%
80
81%
13%
13%
16%
17
18
18%
121% 123%
47c
53c-
400
22c
280
109 %
Jan
70c
-Tan
2,875
—100
130
130
35
100
Old Colony RR
Pacific
Mills
Pennsylvania
Rutland
—100
■-
123 %
2.50
3
3
250
115
30c
561
60%
Jan
90
iFeb
124%,, Jun
72c,
130
Mar
5.
Jan
Feb
1
,,Aug
-
May
82
Jun
RR
7%
•
52%
52%
53%
30
38% Mar
54% jJun
50
—
RR
37%
36%
37%
864
33%
Jan
40% ,-Jun
Jan
Jan
25
pfd
l3/4
2
180
2%
1%
100
1%
2%
500
1%
ADr
Shawmut
Assn
10%
Jan
17
11
Feb
19% July
Stone
85
14
Apr
22
Torrlngton
Jun
3%
,
St
Webster
Co
Feb
3%, Jun
V
105
.
49c
July
Jun
RR—
prior preferred
-100
Mining
Quincy Mining Co
Boston
1
England Tel & Tel
,
' *
37%
16%
16%
660
14%
Apr
16% July
13%
16%
Inc..:
13%
246
103/4
Jan
3*%
Jun
36%
37%
254
35% July
•41%
Jun
■
the
'594
Monday, August 6, 1945
commercial & financial chronicle
OTHER STOCK
'-V-vI
range
EXCHANGES
3
for week ENDING august
Week'a
Sales
Last
Range
for Week
Sale Price
ef Prices
Shares
Friday
Week'a
Friday
5
Drug Inc
United
32
17 %
17%
17%
Jan
15%
90
Mar
225
73% July
Switch
Elec
Pennsylvania
Perfect
.—10
(The)
Co
,;
42%
75%
46%
115
45%
Jun
50
Apr
54%
110
51%
Jan
61%
62%
59% July
69%
Jun
.* ' ' -*•'
•' ';*•
•'
62%
•
Quaker Oats Co common
Rath
Packing
preferred-
110
36
Jan
466
31% July
75
44%
46%
32%
32%
Corp class B common—i
Serrick
May
1
Friday
Last
...Range
/j//.; / Sale Prlee
..
12%
1
-5
X
Laboratories common
::ioo v
American Publio Service- pfd.;—American Tel & Tel Co capital— „100
X
High
128
129
180
.
7%
70.
100
,
;
9%
850
2%
500
1%
X
~3
"5%
Aviation Corjr (Deiawareiw—..
X.
•
AO
20
••X"
-1
Common
——
Butler Brothers
:..//•
.10
——
300
3
Jan
2,400
150
Air
Yates-Amerlean
0% Jun
Jan
34
16%
Jan
21%
Jun
-200
48%
>
Jan
55
10% Mar
13
Feb ;X
150
7% Jah
10
Apr
18
300
200
22
09% Jan
20
<
Interlake
General Electric
July '•£'•
2%
Apr
II Jan
5
Jun
*
Jan
131
Jan
>
82%
Jan
145
Aug
>
8%
Jan
2,400
10
121% 121%
145
120
710
15
15
15
200
23
23
100
21% Mar
19
19
100
16
■
20'/#
Apr
'.
lron-
Chicago Corp common
i
.
Convertible preferred
7%
8%
15,400
7%
Jan
27% Mar X
20 Va Apr -j
9% Feb I
56%
58%
600
53%
Jan
61
36
36'A
300
*
Shaft
Flexible
Chicago
—„—
common...
Jan
May
40'A July
Jan
35
ft
V
for
preferred
pfd
.? Chicago Towel Co conv
Common
capital
4
Co
Service
Cities
41
common
41
100
66%
*
100
*
*
—10
i—*
common
for 5%
t c
66%
100
117%
Jan
74
Jan
24%
3%
Jan
6%
July
18%
17%
150
30%
30Va
17
28%
11
11%
3,900
600
50
*
41%
41%
.10
21%
21%
50
11%
11%
50
10
32
32
Common
3
Co
&
Deere
','
.
Drive
Four-Wheel
Fox
?
Oil
Standard
(H W)
Gossard Co
<
& Rubber
Tire
Goodyear
S
of
36%
425
8%
300
15%
100
25%
27%
1,000
. ..
t
1,600
/.,.,:100
Apr
Burger
8
46% May
40% Mar
4
21%
Jan
Jun
40% Feb
8% July
15% July
13% Mar
35%
13%
18% May
Jan
6%
200
Apr
32%
13%
500
200
29%
67%
6%
400
5%
X
r
13% Mar
17%
Jan
13%
Feb
Leonard
51%
100
51% July
57%
Feb
19%
20%
21
50
1,000
Jan
21
Jun
Magnavox
22
Jun
National
16
20%
100
17
Jan
23
(new)
—1
1%
5%
6%
6,600
3%
Jan
16%
12%
16%
1,000
7%
Jan
16% Aug
6%
preferred
...
Clark
Kimberly
—
34%
34%
100
20
Jan
41%
Jun
26%
26%
350
26
Apr
29
9%
9%
550
33%
34%
350
26%
•
*
9%
34%
53
53
Jun
Jan
11%
28% Mar
34%
20
52%
Feb
56
May
10
107%
Jan
110
19%:.
26%,*.
300
22
30%
31%
400
28
Leath
Co
&
109% 109%
46%
200
38%
Jan
Apr
47
48%
Jun
preferred —
Cumulative
Co
Consol
Mapes
Marshall
Field
Jan
13
May
45
Apr
8%
Prod
capital—
com
$1
Hart
&
Inc
common
vtc
prior preferred
Brewing
Minneapolis
Monroe
Chemical
Montgomery
Co
Co
Ward
com
common..
&
Co
common
Class
National
National
Cylinder Gas
Standard
common
43%
20
37%
Jan
87/a
1,300
7%
Jan
6%
200
6%
Jan
8
100
5%
Jan
17%
17%
17%
50
13% Mar
18%
37%
37%
37%
50
35%
Feb
38
Noblitt-Sparks Ind
Northwest
For
Inc
Bancorp
footnotes
25%
25%
18% Jan
26
—
•
11%
150
8%
Apr
14%
15%
1,700
10%
Jan
15%
3%
300
2%
Jan
4%
Jun
26.
Jun ;</
19% .Jan
500
.
,
Mar i
•*
.
it
.
3%
3%
500
9%
32%
Apr
1
Jan
65 % May
60%
241Al25%.
60%
:
200
...700
I
18%, Jan
.
,
58% May
Apr '
60
'
Sales
Week'a
Friday
Last /
Range
for Week
of Prices
Shares
Low
High
34%
34%
9;
11 %.
35%
4 w :«
'
Rang* Slnee January 1
-r*:
Low
-X
Jan
32%
351
-
High
36%
-Jan
10
25
9
11%
9
Mar
50
10
Jan
12%
S
U S
Jan
109%
Jun
8%
Jan
14
.Feb
85
85%
52
78% Mar
86% July
38%
36%
38%
80
28% Mar
40%
Jun
19%
Jun j
13% Jan
16%
16%
10
28.•
100
—*
28
43%
40
26%
55
40
Apr
/Jan
33%
Feb
*
i.
—
—2.50
—*
—'•
.'
A—
Card
l————
72'
72
100
67
Feb
48%
242
45
Mar
41%
42%
103
36% Jan
4%
4%
4%
125
4
Jan
29%
29%
20
27
Jan
13
49
11%
Jan
13%
4%
4%
4%
20
57%
58%
489
57%
25
25
—*
4%
4%
12
200
20
50
50
20
18%
10
—•
26
18%
20
50
Jun ;
44% May ?
4% July ;
Mar >
Mar
5%
55% Mar
62%
3
25
Apr
3%
Jan
23% Jan
27
Feb !
Jun '
Jun
July
Mar.;
45%
Jan
56
Mar
14%
Jan
20
May
43
Jan
50
Jun
Jan,
May
24
49
49
1
20%
20%
21
451
19%
19%
19%
5
19
7%
7%
50
4
66%
67%
45
18%
19%
120
18%
Jim
20%
Jun
36
25
Rolling Mill
Service
Columbia
36
2
28 ye
Jan
37%
Jun
Gas
10
Motors
67%
15%
Jan
62% Jan
Pure Oil
Standard
Brands
..
8
22 V2
July
Jun
8% July
70% May
July
Jun
Cleveland Stock Exchange
Friday
*
141/s
50
12
Jan
14% May
13%
50
10%
Jan
13%
Feb
4%
Jun
stocks—
4
61%
4
61%
300
100
2% Mar
48%
Jan
■:*
65% July
Akron
100
Brass
14%
35
—50c
14%
14%
35
35
50
15 % Mar
39
July
40
50
36 Va
41
Apr
Commercial
13% Mar
Jan
15% May
Cleveland Cliffs Iron
Cliffs
41%
100
38%
Feb
44
Feb
Detroit
26
300
23%
Jan
26%
Jun
Eaton
&
Range Slnee Jan vary 1
67/a
22
420
6%
Jan
7%
125
20%
Jan
23 %
Jan
28
197/a
Jan
24%
Jun
80 y4
Jan
20%
20%
260
18 Va
Jan
17
17
17
200
14% Mar
90%
4
91
331
5%
300
a537/a a547/a
65
5%
High
Low
High
20%
Bookbinding —
Cleveland Navigation- .!!—5
Manufacturing
Shares
a20y8 a20ya
preferred
Corp common
26
for Wesk
67/e
IIIII
Sales
Range
ef Prices
22
Controller
41%
26
Mfg_—
Fuell—
City Ice &
-Week's
■•/.
Low
Par
40
I
2
Sale Price
5%
49
Apr
Jan
;
5% July
27
UnlistedAmerican
'
32
13
50
Preferred
.
I
Apr
76
|
Jan
46
43
72
1—*
Printing
Cities
{
1,
Jun
107%
—*
Playing
j
j
57
108% 109
10
;
B
Feb
7% Mar
14 Va
•
,
L'ilHSVt May
Apr
13%
10
1
i
Jan
56%
831
'
Feb
—
•
13%
29%
Jun
15
*
600,
Jun 2
21
Jan
12%
—-
Jan
15
1
fl
cap
page
54%
Jan
Jan
10%
1,600
.
28
Jun
11%
8
common
see
{,
Jun.;
Mar
6%
10
common
34%
v
17
800
18%' 19 %
,V", 12%', 13./,
-i
22% 23%
26
Clark
National Pressure Cooker common
32%/Jun
'
12%
Last
Miller
Jan
May,'
22%
'
Jun
8%
•
common—
Middle
Corp
7%
*
capital
Mickelberry's Food
West
4% Mar
100
.5
common
Mfg
250
43%
Lindsay Light & Chemical com.
Material
7%
11%
r8%
Libby McNeil & Libby commonLincoln Printing Co common
Line
7"
11%
7%
common
;
12
:
class
General
La&alle Ext Unlv common
Jan
Jan*
15%
'300
18 %v
Apr
7%
'
*
'
26
/
7
,
Feb
*
common
Mar
50
——*
...
Pumps
Randall
U
—50
100
*
W'v 44% Jun.:
411'A Jun '
?8%.July,
Jan
9
•>
18%
6% July
—10
A
100
"
May
capital—
com
j
j;
12%
f—
—
18% Feb
20%
common
Apr
7%. Jun,
50
pfd
Lunkenheimer
Jan
9
•
Lamp
38
500
Jun
150
Houdaille Hershey class B
&
X
23% J5h
*
100
Procter Se Gamble
Tube
■
9% ;
i.-.
13% Mar
Switchboard
•''
8IV4
Jan
41%
62
200
17% July
Kentucky Util Jr cum pfd
100%, Jun
Jan t
'
26%:
70% May
400
Apr
Ken-Rad
..
|
•^*V/a>Jan!
Jan
200
9%
20
—*
i—
class
16%
Apr
Kellogg
j
J»a
79%
42%, 43%
43%
-
pgr
Machine
part pfd
A
Holjart
13%
11%
100
37%>iay
-;"/14% July
11% Jan
32%
43%
67
13%
new—
X-1'
3a*
,.
'
Insulation
Formica
16
19%
common
Jun !
?-
10%,Mar
31% July
77%
Sale Price
Eagle-Picher
13%
50
vtc
v
13.%
:.
x77%
STOCK*—
'Corp
Crosley
Hatfield
150
RR
.
Jan
78%
y.
—1
Cincinnati Telephone
Jun
9 % May
16%
Tool
7%
32%
^13%..
.25
—
Cincinnati Gas & Electric
9%
8% Jan
11%
Central
j
72
5rf% Jan
1,000
7% /, 8% ^.(.,-2,850 :;^x^%:Jan,
Gibson Art
16%
Pneum
r:.
43%' Jun
—
common—
Brewing
Feb
11%
Indep
93% May
.
*
48%
J
Laundry
34%
25% July
1
Illinois
"
100
5% Mar
Apr
—10
Illinois Brick Co
Jan
,14% Mpr
'
800
{vv;
••^45j\ Jun
Jan
23%
■
Jun
Heileman
Hupp Motors common
'
—
-
►
51%
Harnischfeger Corp common—
Brew Co G cap
:
FU',;:
19%
-
108%
600
21
.,r 400
32%
,
v
Jan
7%
common
37%
Jah
1
79
common!!——...- .10
Co
7
.
Jan
3%
9%
Great Lakes Dr & Dk com
; ioo
-
Gioeinnati Stock Exchange
American
7%
com_.
-
j '
May
Jun
9%
66
3«%
43
Jun
j
37%
7%
16
23%
———-
common
N
Corp
Rubber
Jan
9%
.13%
Jan
13% -13%
13%
Jan
1
Goldblatt Bros Inc common
Feb f:
'
17
67%
(The) common.
Brands
Standard
11%
10
—
Motors Corp commonSafety Razor common.
General
Gillette
400
15%
27%
IVi
General Finance Corp common
1
18%
8%
—10
Auto.—
—
900
-36
Jun
16%
34% Feb i-
86%
17% .18%
31%
Cincinnati Street
5
(Peter) Brewing common
Preferred
100
4%
15
America Inc.—
Mills of
Flour
Feb
104
50
41%
18
39%
Apr
./ 9%
Of America common.:—
Republic Steel Corp* common—^—
;
v •
^
July
21% July
Mar
200
7
4%
———8
ElectrJc Household Util Corp
Elgin National Watch Co
v
i...
800
,
t.
.
Incorporated
44 -
Jan
26
41%
4%
-
31'
9%
-1.
Churngold
*
common
7% Jan
36
100
106%
106
7
Industries Inc class A—1
Domestic
j
106
'
|
X'
Jan
t,wK
-.' Apr
14
1,200
r,
31%
31% July
12% May
Jan
17%
*
Crane Co common
25
Cudahy Packing Co 7% cum pfd—100
Curtis Lighting Inc common
2%
Common
5V4 Mar
490
32
67%
o
Co_
Jun
17%
11
23%
6%
Co .common—.
Jun
17%
partic pfd
part sh. vtc A
part shs vtc class B_.
500
-r
Jun
5%
30%
Co vtc
Jan
Jun
June
26% Aug i
:
Feb
16%
—5
Consumers
i
3%
42%
>
..
Jun
63
90
Commonwealth Edison common
25
Consolidated Biscuit common—.—_—1
(The) Co Inc
Jan
i.; 200 :i;--
,L: 14
36%
Apr
20%
Jun
100
5%
gColeman
49%
76%
25%
800
70
*19%
5%
Uten Co com
Aluminum
Club
Jan
54% Jan
115
Apr
20%
69
19%
10
117
M-117
—
-2«%
'
July
*
,17% Mar
Mar
t20% Aug
;
-10
9%
:>
•Radio Corp.
U
Chicago & North Western Ry—
Vtc
/-
<y/ 67%
L
.;
Paramount Pictures Inc
Studebaker
;■*
,
Nash-Kelvinator. Oorp^——
New York Central RR capital—.
Pullman
8%
1
250
-
42%
Corp. common——
(Glen L)
Martin
'
115
15
86%
.
curtiss-Wright;
56%
Chain Belt Co common
-7% July
16
;
1
Jun
110
% Jan
200
2
28%
Jan
23
Cherry. Burreil Corp common
22
21% *22%
Machine. capital-—5
s
Pure Oil Co
F
.
American Radiator ft St. San, com—a.*
Copper Mining,
.——30
Atch Topeka & Santa/Fa Ry com—100
Bethlehem Steel' Corp common...-——* -
r
Jun
8%
13% Jaa
28%
139
.
19% May
500
7%
18
144
100
37JA
Anaconda
Jun
23% Jan
5% Jan
31
300
30
4 X:
Apr
31%
\
18%
Unlisted Stock
.
Feb
950
9
3%
Jan
15%
'' ■»
Jun
400
2
<5%
14%
.
.
31%
common——T-f
Bankshares
Wisconsin
*
5% Jan
26
7
105% 106
300
1,250
14
14
6% May t:
28
—
common
9%
12
6%
28
—10
Central Illinois Pub Senr Sb pfd
*
Cent 111 Secur Corp common
1
Central S W Util common
—50c
Prior lien preferred
*
Preferred
•
Central States Pr & Lt preference—•
(A M)
Co
Castle- &
Jan
49 y4
30
30
Ill-'
Feb
7%
21
/
7%
200
Westinghouse El & Mfg com (new) 12 Va
i
?
3% May
Jan
400
49%
8%
class A pfd—
Fence & Wire
Brown
■.
37%'
United Light So Rys w 1
U SSteel commonr_l^.-_.^.if^.-—C—£*
8%
5%
12
12
W
United
29%
■■■
29%
21
-1
5
7%
29%
_5
Co capital—..
i
.
July
25% May !
Jan
15%
.■:y4% 'v4%
37 ^
37%
4%
Line Transp .'cap————5.
!
»%
8%
8%
-
18%
200
10% July
6% Jan
2%
Mfg
50
4%
;
26%
capital—I
Carbon,
Utah Radio froduots copimon .
8%
.4
Carbide Si
V
180% July
158% Jftft
2%
Binks
Apr
300
200
23%
25%
common.
Feb
135
Jan
9%
Corp
5%
/ * 27%
30
i
■
Apr
19%
Peb
16%
124
.5
Brewing
Jan
23% Jan
Aug
i
15% May
10% Feb
Jan
-1
Bertthoff
'
Jan
37,%'.37%
:
/-• .2m.,
capital—.125
Indiana
of
(The)
Trane Co
Union
I 800
180
128
180
10% Jan
350
Asbestos Mfg Co common—
common.
Jun
4%
t20%
37.1/2
;
21%25
208 South La Salle Street Corjr com—* j/ 42%
High
V 3,700
17%
17%
Swift 4c Co
Low
8%
8%
Sundstrand
Armour & Co common——
Co
89%
'46 %
200
7%
20%
\
5
preferred——20
-
xlx;i
Machine Tool,common—.-4L, ,
capital————————-23 /
iMfl Sinee January 1
IX /•" II;/
12%"
12%
8%
Allied
Mfg
Apr
July
76%
•100
15%
—
-—-——————1. -;
.'
"
Shares '4
ef Prices
Low
rat
-■
L:
Oil
Standard
Sales
for Week
Week'a
Works capital
Stockyard* capital
Dredge
Common
Chicago Stock Exchange
Belden
;
*
15%
.
15%
Lathe
Bend
Standard
Bastlan-Blessing Co common.
42% July
27%
.
23%
(new)
St Louis Nat
Athey Truss Wheel capital
Automatic Washer common—...
40 V* May
Jan
8% Mar
Signode Steel Strap—
South
common-.
Jan
35
30 Vi
4%
Sinclair Oil Corp..
Corp
33%
50
86
■27,'
1
Schwitzer
46% Aug
38
Co common
Cummins capital
Common
Admiral
200
37
30
*,
Electric
Sangamo
16% Mar
Jan
15%
July
137
Peb
130
13%
15
15
Advaneed Alum Castings.
22
Jan
4%
■'
100
137
137
Corp—.—12%
STOCKS—
18»/a Mar
42%
I
84
v
10
5
common
Raytheon Mfg Co 6%
400
,V,
'w
Jun
10
I ••••'I.' **'«
High
300
t
22
37
•
:
Low
i
i
7%
21%
50
capital-
RR
Circle
A.
Range Slnee January 1
High
6%
class
80% May
74
53%
Weldorf Systemlnc-—
Warren
(S D) Co————————--
Westlnghouse Electric
Penn
•
46%
common—50
Ref & Min
Low
Peabody Coal Co class B
Jun
21% May
370
25
Massachusetts Ry Co—100
Vermont &
Par
106% July
75
25
common
preferred
u S Smelting
1
35
Jan
30
83
95
'
,
STOCKS—
High
Low ;
103% 105%
United Shoe Mach
6%
30
Co
Fruit
United
32
S
Twist Drill
Ranfft Blnee January
High
Low
Par
Union
b»i« .
tor Week
Share#
ef Prtcee
Sale Price
STOCKS-—
'
Range
La it
93
Feb
Mar
24% Mar
17
7%
61
Aug
Jan
May
Volume
THE COMMERCIAL' & FINANCIAL CHRONICLE
Number 4409
162
OTHER STOCK EXCHANGES
RANGE
Week's
Friday
Sales
Range
of Prices
(B
F)
Goodyear .Tire & Rubber
Great
Lakes
common——100
Towing
Preferred
Greif
Interlake
Kelley
Steamship
Island
Lamson
&
McKee
L
National
15
Paving
Brick
1
Electric
Richman
39
Mar
45
85
Aug
90
Jan
56%
Jan
Jan
39%
17%
■
200
4%
Jan
8
20
20 y8
Jan
27
5%
760
39
28
300
TV*
m
-
4%
~
Bros
of
Oil
Ohio
White
!
I
Motor
California
Jun
Jan
18%
Cessna
39% Mar
48%
Jun
14%
Jun
23%
Feb
266
20
630
18%
24
9%
Jan
July
Jan
*■{■
26%
Jan
33%
a47%
55
39 %
Jan
51%
of
Industries
Farnsworth
5
Firestone
Tire
1
Bronze—
Graphite
Cleveland
v
a47% a47% ' f.
a55% a55%
Jan
f
a43%^
•
a43%
*
General Electric common
Industrial Rayon
_
54% May
160
a46 Va a46Va
37%
64
>
Jan
39%
\
,
50
May
it
Stores
&
class
'
."
497/a May
Jan
32%
17
Mar
20% Feb
Jan
——*
al7Va al7Va
230
•
a22% a23 Va
92
19 V®
Jan
26
a67 Va a67%
93
58%
Jan
72%
Jun
a23
50
Mar
25%
Jun
Steel
Oil
Honolulu
Jun
*
*
;
Jan
Apr
25%
Jan
29% July
Jan
16
170
71
Jun
May
92
Jun
Jun
33
Jun
27%
143/s
143/4
350
44c
45c
400
30c
14%
14%
200
13
6%
•6V4
750
''
12% Mar
45c
—1
1
Apr
10%
143/4
-v
Jan '
28
26%
"
12
28 %
28%
y,
~
7%
...
Corp
Hancock Oil Co
21%
70
a25% a26
__
Apr
18 3/4
Apr
5%
115% May
Z'
**r
■
common-
II10
67%
Hudson
"A"
45c
Jan
-
Feb
153/s
Jan
July
Jun
16%
.
6Va May
Feb
8
Brothers
22
50% July
■
IIIi
26% July
57% Mar
- -
T
yZ
71
333/4
333/4
*
com
Jan
60
__
a23
,
20
Lincoln
Petroleum
Co
Lockheed Aircraft
533/4 ,Jan
33% ,Jun
225
15 Va .•Jan
32% May
15% July
17
27%
15%
15%
100
53/a
67/a
5,098
•
v.
6 Va
1
80c
65c
71% July
34%
Jan
•:/" 33/4
Jun
Jan
80C
Jan
•29%
Mfg Co..
Merchants
Oceanic
2.50
2,475
2.40
Oil
Pacific
New York Curb
Indemnity
Ranch
Rice
Richfield
Ford
Building
DETROIT
»
Oil
Oil
Safeway
r'-''" Telephone: Randolph ,5530
a ;
Corp
Last
Range
for Week
Shares
Allen
Electric
Baldwin
Rubber
Continental
2
12 V*
12%
115
10%
15%
15 Va
100
11%
11
11%
955
10
5%
5%
1,000
...
—...
Detroit
Edison
Detroit
<T
Gray
20
common
is.
Iron.
Frankenmuth
common
5%
22%
23
Oil
5
—
2%
4%
4
4%
9%
8%
9%
7%
.7%
66%
:
2%
1
3
Brewing
2%
Feb
12 Va May
Wood
Industries
General
It
Finance
Motors
66%
4%
10
.
Goebel Brewing
Graham-Paige common
5%
1
4%
t
pfd
conv
107/a
4%
12%
Jun
7%
Jan
Calumet
23%
Jun
Cardinal
Jan
Apr
Ball
850
Hoskins
Mfg
Houdaille-Hershey
Hudson
Hurd
Motor
Lock
class
Car
&
Inc—
Products,
Juneau Gold
Gold
Apr
4% July
Jan
Jan
34%
400
34% July
26%
200
23%
250
12%
Jan
?
14
'
A T
Co
Mar
21
450
16%
Jan
23
27%
310
15%
Jan
34% May
6%
6%
220
4'/4
4%
600
~6%
/
6
Products
I
common
:
i
i
A
Michigan
Die
Michigan
Murray
.
common..
Sugar
i
| Parke,
•
May
7%
2%
a
"2%
2%
16%
JIIIZIio
16%
Motor
Car
700
5%
Oil
Co
'
2%
1.050
165
7.%
Products
7%
30%
..
30%
1
3
*
7%"
2%
Jan
76c
Jan
3%
1 Va
Jan
3
13% Jan
8,648
5% Jan
394
19%
29% Feb
2% Jan
30%
600
3
>
Raisin
Paper..
4
5%
—
190
4
100
5%
Jun
32
July
Jan;;.
32 %
533
31%
Mar *
Jan
39%
Jan
45%
Jun
Jun
10% Mar
14%
Feb
42%
20 Va
Jan
25%
14% July
100
-
Jun
%
Mar ; \
15% July
6%
250
1%C
lc
1,000
Jan
8%
Jun.
July
4c
Jun
2%c Jan
7,000
6c
9c
May
,
13%
305
12
747
161
a32%
a32% a33
207
a93 %
8
a93% a94%
;
Jan
15% May >7
Feb
180% July
9
100
9
7%
29%
Jan
6%
Jan
10% July
77%
Jan
98
r
36
a27
8
733
5%
Jan
9'%
Jun
a27
50
26%
Jan
30 Va
Jun
;,17%
Jan
24%
Feb
:
al9% al9%
25
48%
49%
250
48% July
78
78
130
68%
__
Jun
15
-..
Apr
f
49% Aug
7%
,
33
3%
3% May
3% Jan
4
Feb
14
5%
Jan
80% May
a23% a24 %
100
17%
Jan
27%
a38% a38%
110
34%
Jan
38%
Jun,
16%
962
10%
Jan
19%
Jun
102
48%
78
*
5
15
Company
July
25
Pacific Railway Co.
Canadian
Feb
Jun
Caterpillar Tractor Co
Jun
Cities
*
Electric Corp
Commercial Solvents Corp
Commonwealth Edison Co
Jun
May
\
Jan
66
9
20%
Feb
23%
7%
498
4%
Jan
16% al6%
20
16%
Jan
a61% a63%
'Zio
Co.
Service
15%
16%
19% a20
a
7%
7%
a
85
1%
1%
310
22%
22%
22%
100
18
11%
10%
11%
825
9
Jan
.10
Scotten-Dillon
j Sheller
.
'
..1
[
Mfg
:
Standard Tube B. common
..1
Timken-Detroit Axle,
12%
.10
8%
3%
3%
13
Z-Z
693
"
8%
700
3%
>
200
12%
54
21
Mar
7
Jan
,V
Jun
July
18% July
31% May *;
Feb
Jun
Cons
Vultee Aircraft
Corp
Jun
Continental Motors Corp
Jun
Crown
2% Jan
9 %
•
May
4
Mar
a21% a22
Zellerbach Corp
H Feb
j;:
Jan
•
1%
Jun
25 Va
Jun
12 %
Mar,/t
j
f•"•
•
•:
t
i
Tivoli
Class A
-————
S
Shirt
Radiator
Warner
j
Aircraft
„4
■L
■
885
3%
8%
225
5% Mar
6%
230
5%
Jan
Apr
7%
500
4%
Jan
9% May
Goodrich
-1%
1%
1,815
1%
Jan
2% Mar
6V»
__1
common
Wayne Screw Products
4%
7
"l
common
Light Corp
6%
«
Distributors..
Power &
8%
~83/a
..1
_.
Mar
275
4%
..1
common
United
U
i.
Brewing
Udylite
37
41%
6%
375
4% Mar
6% July
Graham-Paige Motors Corp
Great Northern Ry Co pfd
41
6%
Jan
41%
5
10%
Electric
Jun
5%
Jan
67
19%
Jan
22%
11%
11%
115
4%
Jan
11% July *
43
43
557
38%
Jan
6%
—«
General Electric Co
General Foods Corp
(B F)
Co
—*
*
—*
1
——:*
Tel & Tel
a44 % a44 %
Last
Range
of Price®
Week'®
Shares
Friday
Par
Barnhart-Morrow
Consolidated
—
Bolsa
Diamond
Chica
Oil
Corp..
For
....
...
footnotes
see
corn-
page
600.
*
67%C
4%
::
4%
High
67%C 67%c
•
2%
625
4%
4%
1,790
4%
4,590
4%
22
24
Low
^775
25c
Apr
1% Mar
3
1.75
21
Jan
Jan
Jan
High
75c
Robblns,
2% May
4% Jun
5%
Jun
26% May
York
Central
AViation Inc
-.1
American
Co
Motor
Car
52 %
Apr
a32% a33 %
66
30
Jan
35%
Jun
18%
Jan
31
37
136
160
8%
8%
300
25%
290
Co
Inc
..1
.50
'
35% Mar
7%
Jan
39%
9 Va
July
May 7
Apr
Apr
50
43
a26%
110
25% July
28 % May
48%
Jan
62%
Jun
22
Jan
32%
Jun
a367/s
125
9%
Jan
14
40
19%
Jan
26
6%
7%
5,575
5%
Jan
31%
7%
Pennsylvania Railroad Co
Pictures,
12
Jan
a25% a25%
al2
.10
Paramount
Jan
a26
RR
American
Packard
i
5%
50%
a60%a61%
North
Jun
July,
60 V* May /
50
12
25%
Inc—
44
45
12,336
10
a29% a29%
18
North
Jun
Jan
37
8%
Montgomery Ward & Co,. Inc
a
2,000
&
54%
a24 V* a25
.1
Range Since January 1
New
.
"
2%
__
2
1
Corp
Broadway Dept Store Inci
Low
"
1
Berkey & Gay Furniture Co
Blue
1
McKesson
Sale®
for Week
Sale Price
STOCKS—
40% Mar
17
a50% a50%
11%
Corp
Libby. McNeill & Llbby
Loew's, Inc
Angeles Stock Exchange
71
a55% a56V8
a33%
Int'l Nickel Co of Canada
Int'l
-
Kennecott Copper Corp..
:
Jun,;,-;
Feb
Jun
—
Los
i
Mayj^
7Va; Jun
:
a21% a217/s
—
a:'"
1
25
/
418
6%
6%
Curtiss-Wright Corp
\. '•
41
t
Jun
8
29% Mar
a30% a30%
25
Jun
•
I
)
j
57 Va Jun
Jan
28
27
i
Jan'
39
3,127
,
Jan
130
125
i,399
13%
Commonwealth & Southern Corp.
(H W) Co..
21
Jan
■% 11
178% 178 Va
5
5
—
Boeing Airplane Co
•
!j Rickel
17% Mar
30Va
1%C
13
•
17
Feb >>
July
26%
6c
5
Corp
Aviation
Bendix
Feb
32c
Z
17c
15% Mar
1,086
7%
7
1 %0
6c
100
3
Columbia Gas &
Davis & Co
Peninsular Metal
River
2%
14%
Apr
27%
Jun
3% Jan
10,365
22
14%
1
50
Cou-
Corporation
Barnsdall
.
*v"
,
A-.;-",
common.
common
70c
66c
1
;
Packard
70c
..—.—l
Casting
Corp
\
■
Oil
22
22
•
& S F Ry Co
Borden
McClanahan
12%
23%
383
110
y
12%
100
Bethlehem Steel Corp
Kingston
.
Stock®—
Tel & Tel Co
Baldwin Locomotive Works vtc
Jun
27%
Mfg——.
-
Mar
1,038
-
30%
43
Z
Jan
26% July
20V4
20%
31%
4c
,
169
■
18
a43% a43%
Co——.-^1-.— 1
Mng
Anaconda Copper Mining
Armour & Co (111)
11% July
34% July
Jan
13% >13%
B_,
Apr
13%
70
Jan
5%
109,500
30%
30%
12%
10
—10c
Mng Co
Mines
Gold
American
26%
common
Jan
Mining Stocks—
Amer Rad & Stan San Corp
46,028
-2%
8%
43c
Jan
20% July
26% Jan
140
42%
5
—25
Jun
11%
26%
Jan
Mar
10%
1,137
a48 % a48%
California
Jun
34V4
..10
Bearing..
30%
2
8%
3%
"
33c
2% July
5% Feb
Jan
10
25
&
—25
43
9%
j
62%
404
Jan "
5V2
Jun
May
Aviation
Hoover
—i»
Calif
7
1200
'
48%
170
31%
Company
of
7% Mar
4,290
183
59% July 'S
53 Va July iO
v.
450
17C
30%
30%
'
1
Jan
27
6c
25
Corporation
of
Unlisted
Gar
General
27
y
•
18
25
& Western Air Inc
Aircraft
United
Jan
1%
IOC
1
Co Ltd
class
Pacific
Oil
Union
18
4
;
500
500
51%
al9% a20
27
al5% al6
Company
Oil Co
Transcon
5% May
21% Jan
''
July
v
12%
Corp
pfd class C
Jan
8%
1,616
23
11%
al97/a
Inc
preferred
Alaska
Detroit & Cleveland Nav
75c
41%
39c
High
July
Jan
14
I
Machine..
Motors
Z
500
15%
...
Burroughs Adding
LOW
2%
39c
12%
common
.15
Transamerlca
Range Since Janoary 1
-
High
2%
—...
.
t
.
Jan
,■
7%
6%
39c
.25
Southern
of Price®
Low
100
■
Apr
524
a52% a53%
•
—1
Corp
Standard
Sales
U
a52%
-1
Corp
5%%
Exchange
Friday
59%
Oil
Aircraft
6%
Sale Price
59%
Trading
Solar
STOCKS—
59%
._*
Co..
Southern Calif Edison
Week's
34%
.
Jun
July
40%
-10
common
Co
Stores,
Union
Sierra
Sinclair
Detroit Stock
40%
3%
37c
2,845
52 %c 55c
40%
-
j.
Shell
*
29c
4,100
55c
.25
Jan
Feb
100
Associate
Chicago Stock Exchange
Detroit Stock Exchange
1.45
30c
30c
30c
1
Elec
&
Pacific Lighting Corp commonRepublic Petroleum Co common.
Members
Stock Exchange
Co
Gas
Pacific
York
2.40
1
Co
11
Watling, Lerchen & Co.
New
Petroleum
J
t
I
>•' '•
Jun
Jun 1Q
..
Menasco
*■
6% July 1T
45c
127
%
June
19%
8,200
a263/4 a28%
a28%
1
—.
'
75C >:
_10c
—
Corp
L'ftj
,
107
100
333/4
27%
Packing Co
16%
70 Va May 5 A
,
>
? *
10.
9% July 1 *.
■
Co
Hupp Motor Car Corp
•'
160
71
*
Car
925
a52%
a52
a52%
8% July'
62% Jan
325
67%
22
»
common
Corp
Motor
'67 Va
*
com.
V
8
*
*'■:*'•* '"..i
*
U S Steel common
Youngstown Steel Door common
Radio.
A—
Gladding, McBean & Co
Goodyear Tire & Rubber Co
44% May
Jan
Hunt
Republic
,;T
l5Qc
333/a
Apr
Jan
27%
380
,
a843/a a843/8
Television
Garrett Corp
General Motors
'
ill N Y Central RR common
'i
| Ohio Oil common—
190
133%
Jan
4%
94
190
20V4
29
-135/a
.
r~
28%
»
157
•
53% Mar
v
20%
29
——
30% May
44
60
90
Apr
50
•
III
1
(new)
...
10
Rubber—
&
22%
„
300
*
Inc..
Electrical Products Corp.——— .14
Exeter Oil Co, Ltd, class A
1
Fitzsimmons
150
America,
*4
Jun
„
'
Douglas Aircraft Co
Dresser
Jun
i
Unlisted Issues
—
30
4%
4%
107% 107 %
a28% l287/a
"
__
Consolidated Steel Corp..
Preferred
'I* ',;•
:
134
a27% a27%
Listed
a30% a30%
4%
"
5
Iron
&
a30%
III1
Fuel
Creameries
Unlisted—
10
*
common
Co
Corporation
Apr
24%
25
a47
Packing Corp
Aircraft
Colorado
Jun
a29% a31%
1
Addressograph-Multigraph
,
j
Jun
Angeles Stock Exchange
Jun
5%
'
Youngstown Sheet & Tube common—•
i'{
:
14%
327
23
FACILITIES
Spring Street — LOS ANGELES—TRinity 4121
Jun
100~
44%
24
_•
•
Chrysler
a20% a20%
10
Dorn Iron Works—.
32
*
Jan
a 1'2%
44
al2%
——*
-
2
650 So.
52
Jan
17%
17%
—
,
Member Los
11% July
May
Jan
Jan
100
50
BROKERAGE
AND
Jun
33
'
COMPLETE INVESTMENT
FAIRMAN & CO.
Apr
13% Mar
60
531
10%
Co., New York
Feb
7%
43%
h
Direct Private Wire to Allen &
,
Feb
48
•
!]
High
23%
10%
28
common--*
Seiberling Rubber
Standard
%Low
15
50
*
*
3
63% Jun
57% Feb
28
*
Acme
Reliance
;: Van
36
14 %
.10
--:
'
B
Cement-.
Tile
National
,1
35 V*
15
*
July
a25V4 a25%
class
Portland
Metropolitan
I
35 %
*
Sessions—
(AG)
Medusa
:
*
T
&
v
,
50
.
.
July
63
85
50
No.
48
100
39
85
85
A—*
class
Cooperage
39
100
—
Bros
a49% a51% re'V.
53
115
a55% a56%
•
common
AUGUST
Range Since January 1
Low
42
*
common
ENDING
"
Shares
,
High
Goodrich
WEEK
for Week
Last
Sale Price
STOCKS—
FOR
31 Va
215
28 V« Mar
33%
Jun
a36% a37%
177
33%
40 Va
May
all% al2
Jan
7%
July
Jun
Jun
V
OTHER STOCK
Friday
Range
ef Prices
-Sale Price
^
„_25-
Phelps Dodge C'orp—
•
Oil
Pure
Co
_•
America.
..
:
v
•
__
a22%
Republic Steel Corp
i
'
—
:
! Texas
j
4
Apr
Devonian
Jun
Duquesne Brewing
Follansbee Steel
37
(■ 29%
Jan
35%
122
U
Fort
Pitt
Apr
Lone
Star
29 Ma May
Corp.—
~
Jun
National
49 Ma
55
Apr
Pittsburgh
Pittsburgh
Jan
39% Mar
Mar
435
17%
Jan
20
110
84 M2
Apr
92% May
77
117 Ma
Jan
129% July
33%
Feb
28
Apr
25
145
2%
Pittsburgh
'
a32
San
Jun
170
13%
Apr
17%
'
/
—
275
31% July
C
(
17%
165
1;;
i
Budd
?
lo4
Pub
Curtis
of Prices
Shares
\
-
19%
157%
719
177% 180
.
16% Jan
61
25%
Jan
30%
74
25
57%
Jan
80%
15%
145
10%
Jan
16%
15%
10%
Jan
18%
107% 109 Ma
260
92%
Jan
14
14%
347
20
22%
1,296
44%
45 %
278
43% July
62
Jan
70% May
26%
15%
108%
14
•
13 Mi
44%
•
16%
9% Jan
I'..
preference
$1
16 %
22%
67 %•
13%
13%
539
12 %
Jan
16%
Philco
13
12%
13
139
6%
Jan
17%
10%
10%
11%
455
7%
Jan
7%
5%
32%
Jan
285
Inv
j:
Burkhart
Salt
38%
38%
24%
28%
Scott
Paper
122
Jan
661
33%
34%
55
23
23%
80,
41%
42%
1
1
•
21%
21%
! *'
f
Tonopah
•
Bottling
Transit. Invest Corp
;
common—,
49%
Brewing
Preferred
preferred
$3
i
2%
18 y8
:■(:
7
.
V
-
10
July
57
45
Jan
58
July
34
100
30
Mar
35
July
300
8
July
10
Mar
8%
*
Clay
McQuay-Norris
common
Feb
Jan
31
31M2
41 Va
Jan
1%
Feb
200
(7
41%
23
-
Feb
Feb
65
,
July
2% July
-
34
Jun
42%
Jun
14%
Jun
Jan
39 Ms
16
"90;
20
Jan
-
com— —5
10
13%.
*r
14
__
23
23
22
Prod
22
22
14%
14%
13%
-
-
320
9% Jan
-
IS
Apr
(-23
Aug
20
May
24
Jur.
1.000
,
'
1 Mb; Jun
Candy
common
100
<
1% May
Apr
"
1%
Jan
1%
Jan
Jan
47'
13%
Jan
19% July
•7,
18%
Jun
21% July
1
Pub Serv: "A", com——
Louis
J5t
38%
St Louis
1
common—16
—
Aluminum
3% Jun
Sterling
3 Ma
v
Jan
Aug
22% Jun
Jan
14%
47 Ma
2%
2M2
• '
10%
•
51% July
132
•V
59
/
63
63
2%
—100
Laclede-Christy
991
20%
Mar
25
17 %
39
Apr
34
20
(.
17
63
16
30
17%
20
10
10
39
17
39
:
—
16
(
16 M2 July
Jan
13 V2
20
'
25%.Mar
22 Mi Jun
180
24
17
•
I-II5
10% Jan
255
45%
19 v8
19%
18%
7%' Jan
80
May
267
2%
45%
45%
—13%
200
16
(■'c-
1
common
10
8M2
common
Shoe
High
Low
High
23 M2
'
com
(V;-'
Range Since January 1
34
5
common
27 Ma May
%
593
55
23% K
common—
Jan
U 1
1.4bo
3
•/#
Sales
Shares
'
3
7600
for Week
10
—
May.
42%
109
ipa
2
——10
—
15%
3%
2%
;
Inc
Westmoreland
45
% ;T %
2%
United Gas Improvement—
37% May
.
Range
55
Hyde Park Brewing common
29% Mar
Jan
7
,
10
International
Jan
36%
10
49%
1H
United Corp common..
•
Apr
31% Mar
Bell Teletype SL
l
Huttig S & D common
National
25
—
,(38
31% July
45-j-
Week's
Hydraulic Pressed Brick common- —100
19%
ois
1871
Low
39% May
265
■
7
T
1
25
:
5% July-
Jan
27% Mar
163
of Prices
common
Hussmann-Llgonier
Jun
/'.
...—
Mining.
Jan
34
120
v*.?
Jan
St. Louis 2, Missouri
-i
Griesedieck-Western Brew
32% July
27% May
32% Mar
common
.
>
Sale Price
common
Brewing
Falstaff
Apr
Jan
117
109
117% 118
___.50
:
May
Phone
Jun
24%
236
27%
26%
27%
26%
Jan
32%
Corp.
28%
/
CEntral
common
Mfg
Coca-Cola
Jan
21
2,211
41
32%
—
Oil
Dome
1%
215
32%
*
Electric Co
Century
40% May
37% Mar
—.50
preferred
2nd
Reo Motors
Mar
Jan
Exchange
common
Shoe
Brown
Jun
8
Jan
1.195
38%
25%
36%
25%
10
•
2.858
37%
7
7%
*
common.
5%
31%
Par
American
11% Jun
37%
Stock
Preferred
Co
Reading
Feb
8c
Last
Jun
—100
25
3
Corp
1%
16%
5c
3,000
34M2
Friday
Jun
*
pfd
Power 8%
Phila Elec
Jan
16 y8 Mar
142
St. Louis Stock Exchange
Feb
•
50
—
5 Ma
34%
North 4th St.,
Jun
51
Jan
65%
common
6c
28 Mi
1
—*
0TOCKS>->
13%
1
50
preferred
4.4%
90c
205
16%
6c
Jun
67%
Philadelphia Electric Co common
Jan
Jun
18%
Jan
200
1
1
117% May
—10
Salt Mfg
Pennsylvania
I. '■
4
Jan
Jan
Jun
Columbia
■
Jun
Jun
695
Pennsylvania RR
2%
July
4M2 July
15%
55-
Chicago Stock Exch.
Chicago Board of Trade
New York Curb Exchange Associate
Jun
Pennroad Corp
12%
118%
50
St. Louis Stock Exchange
.
Jun
65
National Power 6c Light—;
15
Feb
Jan
Members
York
New
Mar
184% July
22% May
Jan
10
19%
25
Jan
14%
Lehigh Val'ey RR-
,
205
,
136
16 Ma
•
com—12 M2
Air Brake
Westinghouse Electric Corp
High
Low
IT/2
614
20%
26%
73%
Navigation.
750
18 Ma
18%
136
136
Jan
9%
1%
943
.
3
3
—*
1
-25
Steel.
Alloys
Range Since January 1
High
19%
180
-5
Lehigh Coal &
3%
Established
15%
Motors
General
3%
—-——1
300
26%
Storage Battery—
Electric
10%
Edward D. Jones & Co.
73%
Power & Light
Delaware
14
10%
6% Feb
Apr
10%
87-
13%
10%
5%
:
45% July
—50
Co common
100
25 Ma July
—13
Chrysler Corp
5%
—.—__i—r——5
—1
for Week
Wheel Co——
Budd
Jun
5%
37 M2 May
Jan
:: Jan
41
'
Securities Corp preferred^
IE G) Mfg Co common.—.
Jun
10%
7% May
v
Range
—5c
Bankers
25
Mining™
Sales
Low
:ioo
—
Locomotive Works v t c_.
f Baldwin
'
—,
Jan
24%
Jun
Week's
Sale Price
common
18%
14
•
"
St. Louis Listed and Unlisted Securities
20%
Company
247
8%
7%
Jun
a43% a44
a43%
Par
!Autocar'
24%
8%
Co
Toy
Vanadium
61%
25%
25%
STOCKS—
>
24%
United States Glass common
71%
Last
J American Tel & Tel
24% May
Mfg.
Ruud
Jan
Jan
16%
a32%
16%
—1
American Stores
8% July
Jan
1
Jun
-
58%. May
315
Friday
t
Jun
Jan
7%
lu
10
*
; 3
,
59%
70
a66% a68 Ma
12%
?!!■;
16Ma
Jan
4%
20%
Brewing common.
Forgings
Plate Glass
Westinghouse
'
a53% a54 %
a67%
i:
•
13
180
Corp
Fireproofing
Philadelphia Stock Exchange
J
90
260
24
—
32 Mi
1% Jan
1,300
,
a53%
-10
-
14%
39% May
2%
5
\ Warner Bros; Pictures, Inc.——
j
Westinghouse Eiec & Mfg Co
\ Willys-Overland Motors, Inc..
| Wool worth Company (P W)—
5 M» July
23%
Gas
34%
39% Mar
—
Brewing
31 Ma Mar
18
—
L
34% Mar
Apr
10
*
•
Fuel Supply
Mountain
63
a27% a28%
a27%
*
Corporation (Del)
Steel
S
Jun
62
90
al30%al31%
a37% a37%
al31%
a37%
;|U S Rubber Co————1-—..—10
j
39
Jan
Jan
87
17%
•87
.
| United
:
412
a51% a51%
a43% a43%
Jan
18%
164
a59% a60%
24% 24%
a31% a32
—
Jan
3%
25
15 Ma
:
28%
-
j—~"19
—5
10
Oil
57 Ma
35 Mi
62
a37% a37%
—
'
High
Low
4%
■
Jun
Renner
Corp..:——•
Union Pacific Railroad Company
100
United Air Lines Inc
—
10
United Aircraft Corp
5
!
17 Ma
52 M*
30%
4%
com
Electric common
Jan
a43%
..10
Co
Co
Columbia Gas &
108% May
Jan
a32
Carbide & Carbon
Union
S
Gas
Nat
Arkansas
Blaw-Knox
■
*
Texas Gulf Sulphur Co
Tide Water Assoc Oil
,
i
Jun
25 Ma
Jan
1011/4 Jan
13%
a51%
Co
Range Since January 1
High
30%
30%
•
Ludlum Steel
Allegheny
34 Ma
24%
.25
I Swift <fc Co..————-—
Jun
50
a60%
;—;
Shares
Low
571
'
a37%
1
Corp
13%
Jan
19%
191
for Week
Jun
a36V8a36%
15 Mi
'
Standard
; Studebaker
53 M2
Jan
10 Ma
616
Sales
Range
of Prices
20% Mar
*
.50
STOCKS—
226
—«
Brands, Inc————
25
'Standard Oil Co (Ind>
-25
-Standard Oil Co (N J)—
——
'
48 V4 Mar
Mar
a45% a45%
.13
8ocony-Vacuum Oil Co—
Southern Railway Company
Jun
17Ma
50
>:-r
Week's
Last
Friday
29
26
i;V; 50 Vr
Sale Price
High
Low
all9%al20%
'15%
15%
a 120%
Roebuck 6c Co—
Sears,
a
—
Corp of
Radio
19% al9%
12% 12%
a22% a23M<
al9%
1
Range Since January
Shares
a27
a27
a51%a51%
(
•
Inc
Pullman
Pittsburgh Stock Exchange
for Week
High,
Low
Par
AUGUST 3
Sales
Week's
Last
v*";,
STOCKS
EXCHANGES
WEEK ENDING
FOR
RANGE
Monday, August 6, 1945
CHRONICLE
COMMERCIAL & FINANCIAL
THE
596
fe
13%
14
;«80
39 r<
14
39
62
69%
Wagner Electric common—
Jun
89 M2 ;
(ft 15May
11% Jan
•liy2 Jan
36
Jan
4
r
14 Mi
,
i
Bonds—
'£■7.. i, :' ;
>
Pub Serv 25-yr
•
*
80%
$2,400
.*■,*
I
*,
Feb
91
i.,'.. ,-;l' ^
..
/
inc_1964 !:•'?«?
conv
Jun
-May
41
Jan
Jun
i
CANADIAN
RANGE
FOR
MARKETS
LISTED
WEEK
AUGUST
ENDING
3
'
■
.
7(7;;''7
:
[
Astoria
;
MEMBERS
STOCK
TORONTO
THE
V
CO.
V*
EXCHANGE
Branches:—KIRKLAND
j,:.
LAKE—TIMM1NS
IK
Canadian
•
•it:.
Last
!
-
iVf
*-•-' "
STOCKS—
Sale Price
\
f •;
f
j
j
I
I
>
6% preferred —
Acadia-Atlantic Sugar
(
(
„100
*
common—^
!.
Preferred
__100
L._
Ajax Oil & Oas—
Aldermac
4%
•
of
Nova
of
Scotia
i.
—
58 M2
-
17%
l
—
1.90
16 V4
57
58 M2
17
'
764
-
655
17 Mi
440
1.90
-
1.92
-
10c 10M2C
Ltd common^—
-
10
,
'113
1,500
.
...
16Mi
44
--
-113
-
5%
Co.
of Canada
5%
pfd..-100
-
-
Mar-*
62Mt
Anglo Canadian Oil—
90c 9OM2C
90c
8.25
Anglo-Huronian
Aquarius
Area
porcupine Gold
Mines
Aug.
-
:*
100% July
2.35 May
1.25 Mar
•
14% Feb
Oc
40
Gold
62c
61c
—1
:
1
22c
'*95
—1
Armistice-Gold
Arntfield
For
Mining
footnotes
23c
-ROe
.—1
see
page
600.
31M2C
-*
23c
48o
31M2c
-
50c
37c
100 V2
-
-
—
-
-
4.500
27,850
1.62
1.57
171
172
16%
1.00
90c
1.10
t
9.50
11,450
■
'
Mines
•
—.
Bralorne
Jan
129 Ma
Ltd•Cordage——___—*
105 M2
•
15%
*
85c
July
rr
*
31c
16 %
9,55 Mar
Jun
96c
May
2Tc
Jun
10c
.Jan
29c
May
55c
'July
Mar '
3iy2C Aug
-
50c
May
May
British
•
Oil
Aug
Apr
Jun
67c
Jun
Jan
18
Feb
35c
14%
1,261
,8%
"B"-
10 Mi
230
25
28%
1,130
22 Mi
10
10
200
8 Mi
Feb
23 M2
24
1,005
32
105
31%
-
.
Buffalo Ankerite Gold Mines
22
-
r..
115
24
"
-1
3%
41c
4,500
61c
61c
-1
1.25
,25
,
.
,
20%
5.40
5.40
5.80
1.000
310
25%
Aug
■■i
Apr
38c
July
95c
Jim
5.00
Jun
"
Jun
Jun
4% Jun
73M2c
Aug
60c
-
Jun
Jun
34% July
27
Apr
'2% May
'
1.25
;
28% Aug
(.11
•'
5,100
1.15
3%
,
23 %
-
50
38c
3 Mi
Oil
Porcupine Mines, Ltd
Buffadison Gold Mirtes_——
Broulan
10 M,
Feb
22 Ma
—
British Dominion
■
Jan
9 Mi,
Packers™.
Columbia
British Columbia Power class
Jan
<45c
9 Mi
24
• *
15 %c Jan
25 y2
5
,•
9
Jun
May
Mar
Jun
American
1.46
52
6,000
15%
*
1.30 Feb
55c
Apr
Jan
Jan
12c
15,307
40c
,
32c
-.4,400
36c
,
Jan
50
10
21c
27C
5-'
7y2
50
v
52
r
30c
July".
12% July
Jan
13,150
8%
-
19c
20c
39c
Mines,
Brewers & Distillers^—
Jun
Jan
-
31c
—
Bonville Gold Mines—
Brazilian Traction Light & Pwr com
1.13 Mar
•"27c
Gold
38c
52
—i_,
Brantford
16c
-
8%
common..
Jan
Jan'
60c
Corp
34M2c
36c
,.
Feb
1.90 May
172
Feb
-90c
.
Jan
2.35
Jun
'Jan
161
61-
300 3,900
;;
30
24M2c Mar
.'; 1.55 Mar
,15,900
-v—♦
Jan
May
30% Jan
,
Aug
1.22
Apr ;
19% July
>.
27 V2 May
11c
Apr
22MtcApr
Apr
26% Mar
-
120
43,250
1.02
1.10
_z._l
;
*
11M2
1.02
„:
Jan
Jan
•
1,500
i
1.48
1.37
60c
Jan
'■
Apr
80c
lOMicJun
120
.
.',S::
3,855
11%
Mines—
Gold
29
-11c 15M|c
11c
77
-
120
i.71
18%
73c
4,100
.
13c
2,500
,
19
29M2
1.44
20c
July
**-7.60
~
2,800
23c
22c
,
...1
Mines
1,700
;
18,500
15c
*
29
29
-
• KirklandGold
Bonetal
17% July
July
-
1,100
-
8.75
-
Arjon
River
Ribbon
British
•
i'875
■!''V
39c
14c
28%
1.60
Bobjo Mines Ltd—;
Jun-
-17-
140
105 105%
105 %
v
82,300
1.30
4.00
32c
•
——
Preferred:,
•
Aluminum
1.90
4.25
■
Jun
100
-
6,200
300
Jan
3.6O Jan
'•;.'»
'■>
Exploration & Radium
Blue
High
2% Mar
-
40
.15%
74c
1.03
3.90
•
18%
10
m'
Metals
Bldgood
Range Since January 1
Low
4%
Mar
7
'
Shares
100 %• 100 Mi
10M2c
^
■
35c
14c
Toronto
Base
Bevcourt
High
14Mr
'.
100 Mi
*
Copper
.Algoma Steel common
Aluminium
*
196,900
37c
for Week
of Prices
Low
Parr
I Abitibl Power & Paper common—
63c
10
Belleterre
Sales
•
48c
-
Bank
Berens
Range
1.03 May
1
Mines—__
Bell Telephone of Canada—
Gold Mining:
Exchange
Week's
r
29c
Jun
1.25
Montreal-
Bank
Funds
Friday
July
3.95
Beattie Gold Mines Ltd—_
.»>
15c
41c
-1
of
Bear
Toronto Stock
6,850
5,850
•
ij.
iir
16c
—1
Mines
Consolidated
Bank
Mar
21c
58c
1
—
—
Bankfield
.
1
Aumaque Gold Mines
Geld Mines
Aunor
5,240
62c
1
±
High
Low
6M4C Feb
55c'
15M2c
v
r_—
Mines———
Aubelle Mines Ltd1
Range Since January 1
High
55c
."•-;".'7
l
Quebec Mines
Bagamac
i
293 BAY STREET, TORONTO 1, CANADA
Telephone:—Waverley 7411 j
Cable Address:—"Dohroadco" Toronto
/
Low
# 10c 10M2c
—1
Yellowknife
Atlas
:DOHERTY ROADHOUSE
Shares
Par
Ashley Gold
1
for Week
of Prices
Friday
'
STOCKS
Canadian Listed and Unlisted Securities
Sales
Range
Sale Price
V'V./t
■(
Week's
Last
('
.
78c
1.25
6.50
Jan
Feb
Jun
Jan
.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
162
CANADIAN
Week's
Last
Range
Shares
""riday
STOCKS—
Par
Buffalo
Low
•
Gold Mines——
Canadian
*
■
Class
B
Caldwell
preferred
Calmont Oils
Red
Campbell
Class
B
Canada
Cement
Packers
Class
Canada
10
July
8
Aug
30
50
27
23c
5V2
Bakeries
15,700
—«
Bank
Breweries
*:■
.175
126
-,v. 10
22%
25
20
Apr
'13%
130
65
48%
Apr
56%
60
7%
Jan
11
35
35
32%
Jun
35
190
12%
Apr
17
171
171
3
158%
Jan
16
16
16%
260
11%
Jan
45%
45
45%
1,151
39%
Jan
47
82
82
5
70
Apr
82
9%
9%
.—10
'}>
Jan
;
1st
Canners
16%
125
14
Jan
17
■2,115
8
Jan
17
65
44
Jan
52
Conv
preferred
Canadian Car
New
&
.
Foundry common
preferred
Canadian
Celanese
Canadian
Dredge &
Food
Canadian
Canadian
Oils
com
Canadian
Pacific
52 %
24%
8
8
30
99c
24
18%
.
.
*7
■
Jan
58
6%
19
100
11%
Canadian
Castle
Trethewey
Canada
Loan
Jan
21
7
Central
Patricia
Gold
Mines
15%
Jan
22
20%
Jan
1.00
1,200
172
35
160
2.58
7 2.57
2.60
1,065
1.89
180
23 Vic
26c
14,600
12 %c
2.85
Jan
24c
1
Jan
1
33c
1.95
20,615
1.50
Jun
2.42
•
1.25
1.25
1.25
10
1.15
Apr
1.50
15%
:»,T 25
14%!
Jan
16
26c
Jun
75c
S
*
*
1
37c
28c
37c
123,200
Plow
CocKsnutt
Coin
Gold
Mines
1
4.45
Co
4.50
4.55
13,250
•
13%
1
Lake
Commonwealth
Petroleum
13%
_•
44c
Conduits
__1
6%
Coniagas
5
Ooniaurum
Mines
Consolidated
Mining
Consumers Gas
Conwest
5
471
49
146
146
30
145
1.30
5,000
1.00
7%
100
3%
110 110%
60
7%
•
110%
100
Crolnor Pershing Mines
Crowshore Patricia Gold
1.50
1
Cub
•
Class B
class
29%*
Distillers
Dominion
Dominion
Jun
1.12
Apr
2.10
30
355
12%
635
7C
Ltd
& Steel com
Gold
Magnesium
Dominion
Scottish
13
Dominion
Steel
Erie
&
7,500
3%c
Feb
13c
58
225
42%
Feb
Dominion
27
405
25% July
29
22
745
18
Feb
Tar
Dominion
28%
27
782
25
Apr
29
7%
8%
1.275
7% July
Chemical
3%
100
2% Mar
1,765
16
16%
120
14
common—*
17%
17%
25
13
56c
61c
43c
46c
32
9%
12
Jun
Jan
19%
-
28
25
—
17%
17%
25
-
.
__
,
21%
21%
2,527
13%
9'%
9%
1.05
1.00
1.10
29%
Metals
common
•
A
Preferred
100
preferred
Uranium
>,
Mining
10
9%
10%
Jan
11
1.13
1.00
1.13
17,800
98c
Jan
East
Malartic
Mines
East
Sullivan
Mines—
!
1.15
1.50
110,600
22c
Jan
2.40
42c
40c
42c
3,100
40c
lie
10c 11 %c
42,700
10c
July
July
2.75
6,100
7%
1,271
^
Eldona
Gold
Class
2.26
44c
Mines
Jan
>
3.05
4.25
Mar
23%
::.f
295
14
Apr
,91c
'■■■*
22,200
53c
Apr
57,900
>
50
23
69c
«
60c
24
24
4%
38c
85,700
72c
'
—
Co
Fanny
4%
-
1.20
Jan
16C
Lake
96c
90c
Jun
1
13c
Federal
Grain
Preferred
Federal
1
Mining..
70
38%
190
4
4
—lioo
-L-
Kirkland
-
850
37
•
common
>
4
70
71
9c
,
Ford
Co
of
•
——i—
Aircraft
tieury-Bissell
pfd
L-
Canada
class
——
■
>:
Gold
__
Class
•
-
Francoeur
Frobisher
Shore
__
Petroleum
Co
>■> 6
25%
100
29%
740
-
•>'
I
0
24
55c
54c
5.00
5.15
5%
General
Giant
preferred
Steel
•
_
IZIaoo
preferred
5%%
;
Wares
100
—
—
Gold
_i
13%
...
■
106
4.30
2.23
13%
13%
Lake
Mines
35
.»
."
>
Jun
; Apr
Jan,
20
24%
Jan
Feb
Feb
52c
4,500
4.95
3,850
v
May
25'%
10
13%
Goldcrest
Gold
106
106
>-
■
•'■•■
1
r/VMv,awk
Golden
July
Jun
10%'Apr
For
:
footnotes
see
page
600.
July
18c
Apr
13'/a
Aug
Jun
)I
15%
Jun
M
11%
Jan
Jan
1.20
1.25
2,300
50c
Mar
1.40
1.48
39,360
35c
37c
?■: 11,000
22
22%
1,910
4.75
5.00
4,395
1.27'
1.30
4,300
14%c 15%c
4,000
■
5.00
1.40
1.00
Jan
Jan
14c
22
,;Jun
2.35
V
Jan
1.05 Mar
12c
Jun
20%
20%
405
17%
Jan
7.10
26c
—
*
L_
.
29c
7.10
29c
159
6.15
Jan
3,100
__
16
16
—
•>>
3
290
5c
5%c
4,133
1.00 July
1.35
;}
Apr ;j
ij
1.50 July
i
j
23% July ,
5.15 Jug >
)
40c
May
1.76
Jun
i
i
j
24 %C
Api
24% Mar
25c
Jun
15% July
3c
Jan
1.15
Jan
9.15 May
34c
July
17
Apr
10c
Apr
1.50
Feb
1.37
1.35
1.38
5,700
39 %c
31c
40c
3,500
31c
Aug
48c
Jun
45c
1.80
65c
1.86
77.400
44c
July
57 c
Jun
•
60c
> 1.86
•
1
1
Ltd
!
class
A
i
320
1.50
58c
7,715
28
26%
28
1
-
27%
26
1.44 (> 1-30
26%
•.
.
•
58c
52C
1
Ltd
Mines,
4.15
4.15
■•>:>' 240
1.23
Jan
26% Mar
>25
2.10
Jun
29
July
Feb
Mar
27
21,400
89c
Jan
2.09 Mar
20,200
:
52c
July
Jun
80c
53c
:>48C
53C
?5c
69 %c
30c
78
-
3.40 May
Jan
2.85 May
Jan
4.15 May
3.05
2.85
3.65
4,700
3.25
_.
Gold
:_
common
3.65
>5c
4%c
5c
12,400
•
_1
13
12%
9%c
13
10c
333
1,000
1
-
Mines
1
•
Fields
Gold
1.10
88c
1.11
89,900
11%
11%
11%
27%
27
27%
10%
10%
9c
9c
Jan
16%
Feb
8c
Jan
15 %c
Apr
77c
Jun
12
8% Mar
370
>fy
Jan
2c
15
-
Mar
6.50 Mar
9c
sr
15c
;
--
Segur
Lake
Red
McKenzie
Gold
McLellan
1
Mines
9c
64%
—
1.63
.
1
Mines
Lake
Gold—
Mines
Explor &
—
28c
29%c
—1
*
;
30
8%
Jan
12
Feb
8c
65
Jun
]9c
Jan
67% Mar
64%
» 29%
25
OiI
&
.V'
10,850
500
43,090
700
1.35 Mar
4%c Jan
16c
Jan
22%c
Jan
77c
9.25
Julv
17%c
Moore
Light Heat
Corp
75c
22
€2JA
1
Porcupine
& Power-.
L_*
—*
common———
National
.;L
Grocers
Preferred
"
..1
National
National Sewer
13% July
common-—-
Jan
> <• 19 '/8 Aug
11% Jan
28c
Mar
21 %c
Jan
26 %c
J"n
3,500
30c
3,600
J,'.j
39c
May
I,200
22%c
Jan
39c
15%
15%
355
12%
Jan
16
Jiin
I
I6V2C 17%c
39,400
33c
16 %c Aug
Jan
Apr
;
6.90 May
j
Jun
t
6.25
6.45
4,860
22c
23c
2,000
17c
J^n
72c
22
'62
23c
-
Jan
May
1.99
75c
22'A
62%
25c
8,345
53c
Jan
1.10
-
105
20% Mar
24'/a
720
57
Jan
65%
Jun
20c
Jan
30c
Mar
,.
2,000
•
13
/
>_
12%
Petroleum
25c
i
35c
May
Feb
Apr
;
45
Feb
13 %
28
July
30
12
29
19c
9,600
10%c
Feb
28
28
75
22%
Feb
28
Aug
20%
21%
809
17% Mar
22
Jun
217
217
217
Aug
.
1.62
1.50
1.65
Feb
,
>1
Car
National Trust
New
100
!
1
Mines
Bidlamaque
7
II,350
"
46c
1
•
•
42c
46c
22,350
42c
36c
42c
39,300
.57
—
Yellowknife
Noranaa Mines
Nordon
Norgold
Malartic
Mines—
—1
Oil
1
Mines
Ltd
50c
May
Normetal
4c
Jan
14c
Mar
Northland
65c
Jun
87c
Apr
Northern
Canada
Mines
26c
July
44c
Jun
Northern
Empire
Mines
Mining
;
Jan
15c
•
.
—*
—
Negus
Nib
I
Jun
28
——20
_____25c
x——
class A
29
325
13
56
57
755
87c
1.05
Apr
65c 69 %c
Apr
21%
—
Feb
Mar
-
May
8c
*-
Feb
24c
56,850
1.85
35 %c Mar
30c
—
Gas
Mosher Long Lac
July £
85c
12c
Jun
"
Jun
27c
36c
Jun
July
30c
Corp _________——6.40
Oils
1
Moneta
6% July
3%c Jan
8c
13%
29
59%
70
1,600
1.52
1.63
6c
6c
21c
28c
29%c29%c
5
Dev
•
Mid-Continental
25% Aug
21,500
28c
1.11 Aug
Mar
22
170
:•
Apr
20,300
6,100
18,800
Apr
Jun"
July
25c
29C
Jan
2.17
2.95
2.65
3.55
Jan
185
July
24 %c
11 %C
Jan
2.25
3.05
2.80
—.
Model
102
14,200
-
3.85
5,859
>
-1
1
Mines
4.50 May
2,375
18,750
4.20
*
Gold
Oil—>>>
__——
•
>>
Mclntyre Porcupine Minos
5
Jun
106
21c
14c 15%c
.
.
20
Lake
Red
McDcugall
Mining
May
3,225
•
——
60c
59c
July
30c
-1
.
Preferred
Feb
May
5,215
1
Arrow
Jan
Apr
13% Aug
1,000
15%c
~
Goldfields
Massey-narris
39%
97
22c
14c
—
Feb
18c
13c
35c
3,100
1
Gold
102
7.50
-I-IIi
Mines—.——
Apr
1.35 May
90c
22%
i >
Ltd
Mines,
Red
30
19%
21 %C
—1
—__
Eagle
1.60
39c
Jun
55c
13%
36c
Ltd
Mines
Candy
McMarmac
14
101 % 101%
>
17
II—1
Goldale Mine
Jun
24% Mar
12 %c May
__
Exploration
&
Yellowknife Gold
5%
July
21
7.35
1
Ltd
39 Ve
*
Jan
1.45
-
•_
Groceterias
Norbenite
God's
Jan
3c
90c
L._
1
Apr
6.25 Mav
Jan
20
7.35
1
Gillies Lake-Porcupine Gold
Glenora Gold
20,300
1
1
Gold
Mentor
'
18%
common
Yellowknife Gold Mines.
69c
28c
5'Ac Jan
275
1
Gold
National Steel
Gatineau Power common
60c
Jan
500
8,100
Mines
Oro
McWatters
50
-
55c
5.00
•
2,000
6c
3c
Feb
•
Jan
3% May
380
'>•>•
29%
23 %
__
*
Gold
>128,400
12c
6c
__
40c
1
Mines.
oecord
Apr
5%c
3,800
>•
29V4
•
Exploration
60c
10c
51c
13%
mJL
Mining
Jan
65
29
29
__
Foundation
1,150
37c
Townsite
9
15
5%
*
.B
6,500
6c
•
13%
Mines__
,
(John)
28
3
'
■J
14c
6c
49c
:
__
1
July
200
■
25%
__
—100
A
13c
24 %c Aug
10c
Jan
9,300
40c
J
Montreal
Fleet
500
27c
13%
Lake
4% July
22
5.50
5.50
5,50
1
Candy Snops
Farmer
106
96c
24 %c
Juh
106% July
Jan
Ottawa.—;_*
of
Mining
Mercury Mills
«
30
Apr
Jan
27c
Apr
Apr
31%
__1
Publishing
Maralgo Mines
23% July
83c
:
Mines
Feb
Jun
1.40
103%
21%
-
Jun
10
103
812
Quebec —68c
Marcus
6.75 May
22%
a
Nickel
75
3,955
_1
Maple Leaf Milling Co common
3.05 May
89c
_
Falconbridge
22%
50
Jan
37
1
Gold
Manitoba & Eastern
Apr
4.25
1
Mines
B
71c
July
13% July
Jan
23%
1
Mines
Madsen
July
21c
23%
_—_1
English Electric class A
8
22
.1
MacLeod-Cocxshutt Gold Mines—
Jun
1
_—■—
——
16%
Jan
17% Aug
Apr
•
Eastern Steel
Elder. Gold
2.65
2.75
1
22
Jan
12'A
•
Macassa
2.50 Mar
1.37
1_
Gold Mines
Oil
Feb
13%
-35%
*
Jun
Jan
36%
McColl Frontenac
Crest
Jun
>22%
1
Mines
:
Consol
35
•
Waite
M
Feb
May
18%
-
144
__
35%
*
common
Petroleum
Gold
29 %
104% 104%
104% 104%
29%
100
"A"
48c
Jan
15%
4,000
*
Apr
Jan
20
■
40
1
1.09
34c
360
__
Apr
30
210
15%
13 %
Lynx
18% July
Mar
*
Amphi
East
-
43c
"
-15 %
Class "B"
Jun
Jan
7
1
East
Aug
ITYeC May
Apr
1,600
28
27 %c
36,875
31'A
Mar
3%c Jan
35,900
45c
13 %
•1
Loblaw
Jun
•
Co
paid
9,500
58c
'
25c
46,000
31%
.:;irLL«.
20%
36c
ll%c 12%c
15 %
Louvicourt
Jun
1
Mining
Apr
1.72
3% Aug
•
10
Mines
Duquesne
May
11 Vic
•
Lingman Lake Gold Mines
Little Long Lac Gold Mines Ltd
8% July
3%
8%
9%
Woollens common
Donalda
&
87c
21%
Leitch
22% July
com__l
Stores
Dominion
Jan
1
:
& Smelting
Oil
Lexinden
65Jun
26%
25
Jan
43 %c
•
Lebel
Mar
21%
•
B
54 %c
14,000
10
Laura
2.00 May
8%C
•
class
91.599
73c
39c
.1
Lapaska Mines
July
Jan
21%
——*
Investments
1.72
70c
3
Mines
Bay Mining
Ltd class A
Malartic
Dominion
1.47
72c
31% July
Aug
July
.
1.15
57%
•
10
Foundries
12
900
1.60
1.60
.
Gas
Gold Mines
Lake
Mar
58
J.
common
Bank
29%
■
17c
Jan
Apr
31 %c
&
Lamaque Gold Mines...
Jun
12 %c
Apr
65c
35c
Oil
Lake Dufault Mines
July
60c
1.60
1
Mines
Seagrams
Mines
Dome
60c
2.943
15c
Mar
13% May
4.30 Mar
Lake Fortune
1.92 Mar
200
29%
1.60
1
Nickel
Denison
Mar
20,600
15c
5%c Jan
20c
Feb
91c
12
A
'
—
Delnite Mines
Jun
1.80
14 %c
6,500
21,000
65c
Labatt
Jan
1.50 May
5,200
Feb
lie
39%c
31c
Jun
85c
Petroleum
Leather
Davis
1.60
Jun
Jan
Kirkland
May
7% Aug
110% Aug
90
Jun
8%
90c
Jan
Kirkland Hudson
1.60 Mar
Jan
10c
9
Apr
Apr
Apr
KlrkJand
Apr
149%
Jun
lie
39%c
Feb
6%
680
3.05
Kerr
Jun
1.80
91c
1
Aircraft
66
65
1,220
6,470
10 %
Kayrand
70% May
Jun
1.20
8
82c
20c
Journal
May
2.09
Jan
146
6'A
100
8
78c
4.00 May
"
July
16
May
7%
8
80c
Jan
580
Joliet
Apr
7%
Jan
14
50
1.26
Corrugated Paper Box common
Davies
1.45
2,120
7%
3.10
1,070
Labrador
>
500
July
2.25
Jan
•
—«
85c
Jun
6% Mar
1.33
400
14%
65%
Jan
100
& Smelting
(Toronto)
Exploration
Preferred
35c
100
■
1.69
14%
14%
500
6%
4.96
1.60
*
Bakeries
15
78c
44c
44c
6%
•
Consolidated
12% May
43c
370
74c
1.96
4.55
Jan
31,678
13%
58c
68c
2.94
Apr
4,200
64.600
Kerr-Addison
Willans
Cochenour
15c
7c
3.75
40c
Jason
Jun
15%
&
Knitting
Apr
Jan
6c
3.75
3.80
Jellicoe
Feb
Malartic Mines
24c
3c
7c
3.75
■
12%
Jack
Jun
1.88
Bar
12% July
Apr
12
Jacoia Mines
May
1.88
Circle
Jan
5c
33c
Jacknife
May
Chesterville Larder Lake Gold Mines--1
Chromium M
8%
10,500
3.70
J
Citralam
900
13c
1
Jun
'
Central Porcupine Mines
ll7/s
lie
3.70
International
1.30 May
Jan
July
11%
1
Mines
International Nickel Co
25% May
1.20
Apr
1
Oil
International
July
5
160
Jun
54c
*
Inspiration Min & Devel—
Jun
Jan
125
1.15
51
Jan
12 V*
V
23
::
100
July
L—
^
_
Feb
48
22 %c
11%
__1
Mines
14%
10
6,700
l
>
21%
1.15
.1
—
Central
■
30
49
42c
•
Jun
23
23
•
Boxes
6%
5
2.00 July
21%
*
r
Wirebound
6%
1
Mines
International
Tire
Canadian
Jun
Imperial Tobacco of Canada ordinary_5
Inglis (John)
•;
__6
Jan
5%
100
7
30%
Mar
49
•
•.
Imperial Bank of Canada
Jun
29
Aug
Jun
50
Apr
26% May
6% Aug
30%
29%
Apt
23c
38c
l
Imperial
Jun
1.35
Jan
99c
23
16 %c
42c
'
i
Huron
Jun
35
Feb
Jan
Jan
60
__
1
Mines
Gold
Gold
Hunts
July
10%
Mar
70c
6%
28
29%
II
•
__l
Jun
16
-
*
Ltd——
Hudson
Jun
32%
75
1,032
3,424
■
Gold
Howey
24% Aug
2,050
1.00
17 V*
1V/B
25
;
14%
Apr
19% May
75
24
99c
—•
Apr
49% May
820
7
30
1.00
Apr
28
•
Mines
Gold
Homestead
Feb
83
8%
99c
;
Homer-Yellowknife
Jun
255
>•
72
29%
.*
Building class B
75
54
24
70%
Jan
4
Hollinger Consolidated Gold Mines
July
45%
330
24
Apr
27%
10
>1,080
30
•
Ry
20
13%
99 c
Canadian Ship
25%
Feb
13
•
common
Jun
17%
29%
A__*
Malartic
15%
23%
30
*
Locomotive
Canadian
19% r
*
■
13%
•
-.
Alcohol
Industrial
Canadian
19%
•
common.
Dock
Prod
Canadian
19%
19%
125
225
745
18
Si'- 24
11c
25
.—50
Rock
Hosco
18
24
4%c Jan
2,500
Home
July
July-
*
;
3,000
20c
4%
lb%C
>
._*■
:
Heath
Jun
16%
20
*
*
25
common..
preferred
8%C
4%
i
*
„
com
Hasaga Mines
July
51%
16%
8%C
90
Heva Cadillac
10
51%
16 V*
51%
Mar
common
Mines
Gold
Harricana
105% July
May
July
57
Mines
Harker
Jun
»' 16
16 V*
•
i—,
5%
105
.
Saddlery
Bridge
Harding Carpets
Hard
July
95
Jun
ADr
53% Mar
•
vtc
;
Hamilton
July
82
315
Apr
80
_
Paper
Gold
Hallnor
Mar
171
265
10c
147
.j*
West
Halliwell
July
>
Jan
105
Halcrow Swayze Mines
July
17
105 v*:105%
3c
55%
Gypsum Lime & Alabastine
July
9%
3,800
7 %C
104
Preferred
Jun
53
10%
"
Canadian
Great
Jun
53
17%
1.36 May
22c
55%
pfd
Gunnar
Jun
175
Jan
7
common—*
Bousquet
Preferred
July
24
May
Jan
83c
12,500
„5u
Lakes
Vtc
July
10 V*
"100
common
118
Great
Mar
35
*
Commerce
6%
High
9c
14,500
1.25
7c
Low
18c
1.02
1.20
Range Since January 1
High
16c
LI
Rubber
&
17c
l
Co
Shares
Low
1
Grandoro Mines
Apr
Feb
9%
12%
Graham
Aug
Feb
75
Mining
for Week
Jan
2.40 Aug
Jun
63
;'■'
Mining
Preferred
Aug
2.15
30c
Gate
Goodyear Tire
Feb
16%
11.50
class A
100
75
Golden
July
30
5% July
350
5%
>>
126
*
Preferred
8
Jan
1.80 July
22%
12%
.
——'
Canadian
15%
Jan
21c
:
126
common——
Canadian
1,800
2,500
—«.
Steamship Lines common
Preferred
24
Jan
Jan
1.70
22 y2
iiioo
m
Canadian
1.89
24c
5%
—
—
;
"
2.40
iwl75
Mortgage- ..100
Preferred
•■•>'■
23c
•
Canada Wire & Cable
13
10
.
Permanent
Canada
Jan
35
*
—
10%
8
.12%
A—_
Goodfish
1,500
"
Power-
class
Apr
5c
1.81
_____—
_
10c
11%
*
B
Jan
8
8
—
Canada
3 %c
11%
i'.\
«
Northern
Canada
Golden Manitou Mines
17%
ZZI50
—-
—
Foundry A
Canada Malting
Aug
1VA
v
common
Preferred
23 V*
2.30
——
Canadian
Jan
17
•
:
18%
50
common
—
60
20
'
Lake———-—•-
Bread
Canada
23%
13
ZTS-i
i
1
8%c
20
'
•
Calgary & Edmonton
25,500
13
\
—
—
May
36c
30
_♦
—
common—
«
1st
■
♦
i.—
Mills
Linen
65c
Jan
*
Par
High
Low
High
Sale Price
Sales
Range
Last
STOCKS—
Range Since January 1
20
■
Steel
Burns & Co. class A—
Week's
of Prices
Friday
5c
—
*
Burlington
3
32c
34c
Products
Bunker Hill
AUGUST
23
;
•
Building
ENDING
for Week
of Prices
WEEK
Sales
Sale Price
MARKETS
LISTED
FOR
RANGE
Corp
1
Ltd
—*
*
Mines
—
—
1.05
,
__
__
70c
1.000
10c 10Vic
70c
74c
"
2,000
970
—
75c
Apr
29c
Jun
64c
May
Feb
59%
Jun
Jan
39c
80c
July
Jan
20c
2Cc
Apr
Feb
89c
Apr
26c
,
Apr'
Jan
Apr
64c
12%c
Jan
15c
13,120
1.20
6,390
1.08 July
100
2.00 July
2.00
1.65 May.
7c
6%c
14 %c
2.00
1.85
:
Aug
50
15
15c
*
1
19,100
12%c 12%c
Jan
1.26
19c
1.63 Mar
2.60
|
i
.
i.
Apr
r
Ok'
TH E COMMERCIAL &
598-
LISTED MARKETS
CANADIAN
RANGE
Monday, August 6, 1945
FINANCIAL CHRONICLE
WEEK
FOR
ENDING AUGUST 3
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
Friday
Week's
Last
^
Range
Sale Price
STOCKS-
Sales
for Week
.;
High
1
Range Since January
Shares
of Prices
Wool
"-llZZ-i
14,000
9c
47c
1,500
45c
Jun
1.40
7,740
50c
28
28'A
28
July
1.65
1.73
Ltd
1.19
35C
21,900
16%
100
i
20,200
5,000
25c
July
64c
5c
Feb
16c
May
50,000
37c
Jan
88c
July
Jan
1.75
Apr
2,350
4.05
4.20
5,025
2.40 Jan
4.45
6.00
6.00
900
4.35 Jan
7.10 July
74c
75c
33c
36c
21
21%
95
1.30
350
98c
Jan
2.00 May
1.20
3,300
8lc
Jan
1.65 May
3,000
70c
25c
Mar
*
45c
May
22
18% Mar
1.17
1.10
1.50
1.50
1.50
2,500
14
S.1 i
280
2.79
2.70
2.75
1.15
2.45 Jan
13,100
1.98
12'/8
48C
11'A
200
,*8c
5,000
'
21c
20c
—1
7%
;<
■
41
235
500
45c
&
Jun
95c
1,993
80c
July
1.39 Feb
8.85
6,345
18c
Jan
10'A May
July
70c
Jun
4'Ac
Jan
10c
31
500
Jan
35
33
33
15
16c
9,400
ll%o Jan
28c
July
Apr
36 %c Jan
65c
Apr
1
50c
43c
50c
8,800
-10
18'A
17%
18'A
130
20
Gold Mines..
Royal Bank
15
J an
May
255
19
341/2
220
—
335
335
6
3'/a
3'A
75
common-
/
..
.•'
•.■,
■>
.
Ltd—
Minnesota
200
1.85 July
2.25 May
;■!.
55
55
50% Mar
56'A July
/f
1,131
8
Jan
10%
Jun
32c
1,375
28c
Jan
40c
Jan
3
July
3
July
July
115
3
20
15
Jan
17
140
29
Feb
37%
17
33%
33%
33%
1.45
1.40
1.45
2,350
1.28
Jan
17
19
455
15%
Feb
11%
12
1,590
27%
27%
40
t
18'A May
29%
11%
5
Ontario Paper
&
Flour '.
—
11% July
61,
4.65
4,70
10c
IOC
2,720
4,600
6'Ac Jan
18c
1
Oreille
60C
46c
60c
1.90
1.80
1.90
1,760
lie
12c
13%
150
12'A May
14
3,000
75c
34,800
31c
1
Mining.
1.45 Apr
19%
19%
1.36
66c 69 %C
67c
Aug
'
Jan
100
16'A
Feb
1,100
3,450
1.06
Jan
Gold
•
South
15
of
Jan
50c
Mar
Jan
9%cMay
Jun
16
6'Ac
860
1.35
1.41
2,200
8'A
10%
5,015
4'A
25
15'/a
3c
2,000
16
5
15
May
Jun
Acme
•
9% July
Apr
3'A
14
16% July
7
May
8
July
25
34
Jan
44
Teck-Hughes Gold Mines
75%
76
80
67
Apr
77
July
11,810
6,000
3.10
2.93
3.10
33c
31c
33c
2.75
2.25
3.05
3.05
Toronto Elevators
2.40
3.35
Jan
Feb
20c
Jun
37c
Asbestos
Bell
3.05
13,358
1,150
4.05
Jan
11.50
2.50
3.45
Jan
Apr
July
1
4.60
4.55
4.75
63c
60c
63c
5,800
t
20
20
22
3.50 Jan
8,025
•
725
,
51c
Jan
10
Mar
5.65 May
: 88c
34
IlOO
35
130
35
common——
130
•
1.60
1.50
1.60
•
Transcontinental Resources
8%
8%
8%
44c
44c
44c
>/;
28'A
85
:
20
111
9,800,
Feb
Mar
1.40 Jun
36% May
132
3.15
July
I.$l
Union Mining
United
mtm
B
'
50
United Fuel class "A'
United
Oils
United
■
'
19
150
44
; /
140
46
60
10c 13'Ac
class A_—
29%
19
Corp
Class
*
710
2,350'
1,500
29%
5%
Upper Canada Mines Ltd.
5'A
5%
352
1.96
Steel
1.95
1.99
4,400
7'A May
36c
May
Jan
30
July
16'A May
22
Jun
40
July
46 'A Mar
July
14c
27'A
8c
3%
Apr
1.85 Mar
July
6%
Jun
2.59
Jan
12'A
Ventures, Ltd.
Vprmilat.A
Vicour
12%
12%
1,991
12
Jan
...
12c
14c
131,100
12c
Jan
73c
14c
Oils
Mines
Mines,
Walker-Gooderham
Ltd
&
Worts
com
•
•
80c
13,800
70c
July
4.50
4.45
4.70
12,056
76
75'A
76'A
685
69
Mar
22'A
22'A
75
21
Apr
1.30
1.40
16,000
•
Preferred
1
Wasa Lake Gold Mines
Malartlc
Western
Grocers
1.36
common
79c
1
i,
;
100
155
20%
common—
101'A
4% % preferred
86c
6,800
25
25%
3,262
Apr
1.05 May
4.45 Aug
1.20
Jan
5.10
Apr
79%
90c
July
1.63
Electric
common
.100
Preferred
footnotes
see
page
600.
18
22
Jan
26%
16
15%
16
586
11
Jan
16
22%
24
307
18 %
Jan
24
Aug
20
20
100
17
Jan
24
May
Jan
-5
Investment
Alcohol common
Canadian Locomotive
Canadian Pacific Railway
& Seal Co
Distillers Seagrams com
Dominion Bridge
common.
&
Ltd
Jan
145
Feb
Dominion Tar & Chemical com
145
Jan
155
Aug
Dominion
20'A
535
18
Jan
100 101 %
190
99
Feb
101%
Jan
41c
Apr
11%
12
1,123
84
84
10
Jun
46%
Feb#
17
July
51% July
5,042
8%
Jan
275
44%
Jan
Mar
28
Apr
32
•
•
25
*3ye
390
46
Jan
59
Jun
40
160
Jan
172
July
5
120
Apr
130
July
33
Jan
47
Mar
Apr
10%
Jun
15% Mar
35
Jun
11%
20% Jun
13%
172
172
130
130
41%
41%
10
8'A
8%
325
:
30
30
N
•
30
17%
.
17%
18
275
8,095
57
58
32%
33
13'A
13'A
10%
10%
11
26%
26%
Jun
May
40
Jun"
38
Jan
42
Jan
42%
Jan
64%
Jun
529
40%
58
15
70
Jan
50
39
40%
Apr
Jan
33
29
Feb
36'A
Jun
11% May
16'A
Jun
Jan
13'A
Jun
Feb
29
275
65%
38'A
49
225
14
65
39
•
33
25
20% July
Feb
6
Apr
14
68%
Jan
95
Feb
105
13%
65'A
U
6%
'385
;;
13%
5
•
*
25
*
20
12 %
'
9%
9?/8
16
16
•
common
17
17%
•
79
100
Textile
Electrolux
165
July
&
—1
Corp
Heating
Products
*
English Electric class B
*
Foundation Co of Canada
•
'
Jun
53
172
>
Jun
10
465
*
•
14'A
620
30
13%
55
26%
40
97A
1,310
16
-
200
17'A
530
79
235
165'
Jun
25,000
17%
Jan
30
100
...
128
8c
Jan
51'A
25
9'A
25
.
7% Mar
14
Jan
12%
Jan
-
Jun
12
Jun
18'A
Jun
Feb
15
19c
11%
40
16%
13%
Steel—
Dominion Steel & Coal B—
63
16c
Jun
10% July
16%
•
•
Glass
Jun
27
45
*
Plow
Consolidated Mining & Smelting
13
16
30
100
Jun
Jan
16%
16%
Jun
Jan
9%
20
51
.•
*
•
25
Foreign
35
45
16%
July
7%
146
12%
450
140
11%
—
Jan
21
*
50
155
20
Jun
Feb
15%
•
common
Fundries
27'A
22%
325
Fairbanks preferred
Dominion
July
115
Apr
22% May
1.77 Mar
Jun
172
230
25
Canadian
Dominion Dairies
18
Feb
18
16% Mar
32c
26% Jun
22
10%
Canadian Celanese common.
Preferred
1
Cork
55% Jun
>
17%
17%
12%
preferred
Canadian Ind
July
Jan
161
10
155
19c
Wiltsey-Coghlan Mines
For
73
25
Canadian Car & Foundry common
Enamel
Winnipeg
171%
171
12%
Preferred
Ltd
171
-•
100
Mar
14%
25
140
*
;
Preferred
Westons
460
10
preferred
Dominion Stores
West
16%
•
Dominion Coal pfd
Walte-Amulet
16%
16
Apr
20
Jun
20
54'A July
A———_*
Canadian Breweries common
Crown
13
55
—
Power
Northern
Consumers
25
1,281
_•
Canada Forgings class
Cockshutt
75
17%
"A"
Building Products 'A'
Bulolo Gold Dredging
Canadian
Jun
100%
105%
25%
Feb
9% Jun
61c
127% Jun
Jan
54%
25%
—
Union Gas Co
Jan
24
British Columbia Power Corp
New
94%
17%
A
Preferred
Trust—
Jan
265
25%
British American Bank Note———
5 %
May
19
54%
Jan
25% May
100
Apr
25%
*
Brazilian Traction Lt & Pwr
Canada
Jan
14%
54%
of Canada.:
Telephone Co
Canada Cement common
2.80
90
10
•
j
Corp
14'A Mar
481
—50
Amalgamated Electric Corp
Canadian Tel pfd_
Anglo
High
:.y
Jan
16%
105'A 105%.
105%
Low
9%
75
112%
112
112
Ltd
~———-—*
Aluminum Co of Canada preferred—100
Canada Steamship
—
100
15%
16%
Jun
*
Tip Top Tailors common
13
100
Range Since January 1
t
Hioh
13
*
<-.•
May
•.
"Thompson-Lund Mark Gold Mines.
Low
Jun
5%
Feb
May
43
1
C
Shares
—100
preferred
6%%
Algoma Steel common
Bathurst Power & Paper class
7
7'A
1
-j
for Week
*
Ltd common
Works
Glove
1.84 Feb
1.25 Jan
7%
7'A
1
'Sylvanite Gold Mines
Sales
Range
Par
Bruck Silk Mills.—.—
Mines
Week's
of Prices
64c Feb
75%
common
Steep Rock Iron Mines
,
58c
8,000
4'A
Sturgeon River Gold
General
90c
12,900
43
Canada
Cons
101% May
52c
10'A
....
—_• f
Steel
STOCKS—
Jun
76c
6'Ac
Brothers
Toronto
15%
Feb
99% Aug
340
15'A
Stedman
f.
19% July
10'A
25
■
1.35
v,' Standard Radio
;
15
15'A Feb
450
19
15%
6'Ac
Chemical
1
10 % Apr
50c
Preferred
-
May
69c
Standard Paving common
1
Apr
9
99% 100%
76c
Sturgeon
Sullivan
4
'310
July
Aluminium
Co
!.
25
10
16
Springer
Vs
5%
310;
Sale Price
Friday
Mar
16% May
5% July
15
Mines
Southam
Co
12
82c
July
13%
18%
99%
Petroleum
End
Standard
63c
10
19
*
Mines
Malartlc
Bladen
Apr
Funds
Canadian
1.43 July
—
IIII100
Siscoe
Jun
19c
7%c Jan
Montreal Stock Exchange
Jun
20
5%
mmm
—
new
2.40
4.90 Jan
4.05 Jan
13%
•
"B"
1.20 May
Jan
1.30
July
65c
1.35
.......■
Simpsons Ltd class "A"
Feb
24c
10,300
1
—;—-—
Mar
13%
——
—
27% July
Aug
20
—1
Silknit Ltd common
14% July
Mar
25
Jun
61
175
50c
Sigma
Feb
Aug
———————
Last
A
Jun
1.59
19
j
Jun
74C
1
•
'
i
8%
1.85
„
& Gas
Hayes Steel
4
61
■r-'-yO.-.
Gold
■
4% May /
55
3
common—
Oil
Foothills
Jan
24
—
Creek
Sheep
!
.
,
Shawlnigan
15'A July
Jan
32c
Aug
13%
—1
,
Jan
2 >
.
*
Benator Rouyn,
11
350
-
8%
1.85
8%
Dominion Bridge
335
10c
1
.Jan
May
10
15
3%
2
*
——•
Osisko Lake
4.65
1
—
Jun
2G
24
17
Pend
61
;
Ltd.
San Antonio Gold Mines
Band River Gold Mining
75
——
May
23'A
Paper com—
'
A
Steel
Disher
22% Mar
61
-50
Class
15
3%
Dalhousie Oil
35
235
2%
Jan
45%
70
25%
*
Western Lumber
Westinghouse
Consolidated Paper
Temiskaming
3'/a
135
'v..S
4.15 July
2.25 July
300
66
-1
Canadian
Feb
28 %
.100
"Russell Industries common—
3%
—
Canadian
Apr
20
34 %
July
1
Ogilvie
19 '/a
•
Jan
160
3%
18% Jun
*
-10
—
46
Apr
65
May
37c
15,700
15c
A—
16c
Lawrence Corp
A pfd
Dominion Sugar—V.
Preferred
42c
May
130
3%
1.15 Mar
80c
8 'Ac
34
10
25%
Marconi
Apr
•
95
155
Jan
8.40
38c
11
Jan
150
44
155
.100
■
———
Vinegars —1
95c
8'Ac
8%
10%
44
1
Co common—
Brown
Canada
8% Jun
Jan
56% July
50% July
yy. 530
v
——100
Canada
8.85
42c
61
10%
*
——
Preferred
Apr
.
85C
85c
-
High
Low
56
*
Pulp & Paper *com—*
Jun
46
Mar
Range Since January 1
High
3.45 May
40c
Feb
6'A May
20
45%
i
15c
♦8,200
7%
45
of Prices
8hares
Low
60%
-
15
Mar
for Week
Apr
Feb
British Columbia
Canadian
Gold
:
:
60c
Apr
36c
Range
Jun
16
Jan
13% May
12'/a
•
Roche Long Lac
.
Atlas Steels
Sales
Week's
:.y\
Apr
Preferred
r..
Funds
Sale Price
STOCKS—
Par
1.01
Jun
0,000
,
—
Riverside Silk Mills class
i
35% May
*
Exchange-Garb Section
Toronto Stock
Beath Ltd class A—__
Regcourt Gold Mines
(
32% Apr
Last
1.50
',vt.
f
S3,000
Friday
Jun
1.06
1.48
21%
East Dome Mines,.
Lawrence
33%
Apr
9c
30c
1.20
Mines
/'""Quebec Goldf—1
Queenston Gold Mines
Quemcnt Mining
•
33%
6s
85c
Preferred
St
Feb
Bonds—
Uchi
8c
25c
35c
PuVdy Mica Mines
y-purity Flour Mills common.
St
May
25c
16% Aug
75c
.■«">
it
65c
Jun
Jan
10
6.00
Mines
.—
Preferred
Jun
3%c Jan
Canadian
certificates
Gold Mining Co—.
Royalite Oil
35c
3,000
5.00 Jun
Jan
Jun
2.12
44c
4.10
Proprietary Mines
fi-'L
2,800
18c
Girl
75c
Gold
Rouyn Merger
40c
17c
Mines
Ymir Yankee
3.30
Jun
29
Jan
Jan
8c
31c
Prospectors Airways
Reno
V" 1,902
July
1.50
Voting trust
*
July
18
v
4.45
39c
Wright Hargreaves Mines-
81c
Mines of B C
Pressed Metals
65'
4,700
16%
30c
Gold
Rouyn
Feb
18c
67 V2 c Apr
1.40
:
4.30
Jun
1.20
Mar
//';///•; High 'y
Apr
17%
4.30
8'Ac
Mines
Malartlc Gold Mines-
Porcupine Reef Gold
Powell River Co
i
July
9c
—
Porcupine Peninsular
Prfeston
Apr
1.00
34c
1 Bo1
Pioneer Gold
Premier
68c
July
28
•
1
Ltd
Oil
Pickle-Crow
t
Jan
60c
1.70
*
(new)
Gold Mines
Pofcell
10c
34c
16
200
.
Paymaster Cons Mines
Perron
25,000
Apr
46c
Pandora Cadillac
Partanen
18,200
72c
39c
1.02
Porcupine Mines
Paramaque
39c
60c
Jan
22e
,
9'Ac
Hersey
Pantepec
35c
——
Pacific Petroleum
Pamour
12,000
72c
Pacific Oil & Refining
Page
12,870
30C
Low
V
17%
Combing
Yellorex
Oils
Pacalta
:
3.35
29c
38c
Omega Gold Mines
Orenada Gold Mines—
v
2.90
30c
Mines,
O'Leary Malartlc
<
:»■
3.35
1
Mine*
Gold
O'Brlen
3.90 Apr
2.26 Mar
Range Since January 1
High
Low
Par
High
Low
No.
Low
STOCKS—
14%
14%
72
2
161%
75
12%
Jan
Feb
Jan
■
•
9
9
5
5
5
/10
24
24
25
6'A
5
20%
Jan
18% July
79%
165
Jun
July
16% May
9% May
July
9
Jan
Jan
25
Jun
'
Volume
162
THE COMMERCIAL & FINANCIAL CHRONIOLlt
Number 4409
•
"
-'
590
'
'
I
CANADIAN
LISTED
MARKETS
"
RANGE
Last
STOCKS—
j
General
5%
Power
common
Wares
Steel
preferred
Low
18%
105
__
105
llVa
Gypoum, Lime it Alabastine.
102
10%
98
11%
Howard
19 %
Jan
8%
Paper
12Va
12%
22
21%
Brown
Co
Preferred
Aug
100
111
110
22
111
'"
v
Canada
Canada Wire & Cable 6%%
pfd
ilOO
Feb
Canadian
Ltd
*
Power
112
Apr
i:
320
15%
15%
1,463
13%
Jan
16%
13%
13%
2,525
12%
Jan
7%
302
7%
Feb
13% July
7% July
35
&
6%
Co
Dominion
Starch
Co
Gen
Sugar
pfd
7%
of
Preferred
Industrial
Can
9
common
:
£1
—
pfd
Acceptance Corp
7%
104
100
104
104
•
-
101
Bronze
Preferred
16%
common
25
.
17
Jan
16
5
^
32
31Va
:i;;
May
75
^
■
Investments
105
18%
f,
Co
Ltd
<
32% Mar
516
31%
Jan
28%
850
21%
Jan
15
97%
Apr
Power
Canadian
Vickers Ltd
7%
22%
21%
Jan
33
22
22%
31
31 Va
113
113
33
108%
Jan
113
Catelli
Jun
1
31
31
16
26%
Jan
35
May
-
_.
Service Ltd
Public
common..*
Preferred
& Paper
12
1,874
,
27% May
180.
38%
of
the
Woods
Lindsay
109
109
..
11
Jan
12
29
15%
3
15%
8
*
common
5%
Products
Ltd
Massey-rHarris
Mitchell
11%
•
Oil
99
107
Feb
109
T
15%
Feb
8
V
:.3i':-' Jun
24% Mar
25
.
550
11%
fcottons pfd
Montreal
Lt
8
July
9%
195
29
Montreal
24
—__10O
•
24
140
_____
& Pr Cons__.
Ht
140
21%
-
Neon
Preferred
National
___
132
5
22%
Weaving
23%
22 *
45
40%
840
!
45
:
21%
23% =
•
57
—
45
13
Jan
15
Jun
15
159
170
■t
<
23%
'; 24
55%
■
••<>
57
28 f
173%
3%
3%
50
2
Jan
75c
225
7%
7%
275
73
268
46
2.00
140
55
55
*
Jan
4%
Apr
Jun
4%
Jun
1.25
Apr
Jun
8
July
Apr
73
July
1.85 May
Mar
3,000
113
12%
200
15
__
40c
—
15
55
47
47
15
!
28%
Apr
•;
46
v22
49%
Jan
5%
Jun
15%
Jan
76
25c
50c
Jan
13%
3%
class
B___^____
*
Falrchlld
Jan
i
_v_
<
Jun
Halifax
International
Limited—.
29%
95
29% Aug
25
15
28%
175
17
17
39%
10
Jan
2.00
Jan
Jan
18
35
10%
10
10%
—5
4%
3%
May
20
Feb
Feb
7%
192
30% July
18
Jun
Feb
35%
620
•
4%
5%
^
5%
41
Jan
July
11%
9% Mar
29 %
Jun
12%
37%
2
467
25
Jan
464
29%
'"-34%
'39
1-u*
■<
—
Mar
2,355
1,315
6
29%
—
Limited
Insurance
Investment
75
9
39%
__
Ltd
Companies.
Jun
'17%
18%
14% May
10 % Jun
Jan
8V4
60c
Jun
1-:
*
4% Juiy
7
July
6% Mar
•
30%
Jun
Jan
43
Jun
Jun
26
Jan
200
'
Aircraft
Aircraft
59%
24% Mar
1,831
.
10%
•
Ford Motor Co of Can Ltd A.
Fraser
iJan
-
Fleet
Jan
168%
16
8%
1.75
29%
17
•
Apr
<
14Vt
29%
__20
*
50
7
Mar
8%
*
Paper Co Ltd.
20
150
30c-
1.70
8%
•
.
Corp Ltd
Woollens
Donnacona
115
173% 173%
Feb
Jan
175
Apr
41% Feb
37-••May.k
•
Feb
Jun
42
590
14%
15^
50c
Mar
Feb
14% July
4%
14%
30c
—t-
Jan
13
SBe
1,000
4%
—
Jun
2.25
11% May
14% Jan
35
40c
14%
__
Dominion Oilcloth & Linoleum
Feb
Feb
24%
43% May
V:
40c
Mar
>
13
50
1.85
12%
__
David & Frere Limitee A
1,027
28
168
172>
Jun
18%
Paper Corp Ltd
Aircraft
Dominion Malting Co Ltd
17% Mar
>•
Feb
10
—2.50
Consolidated
Feb
$/• «VD'
•
———__100
'
Jun
July
Jun
75
*
26%
167% May
4
v-
1
—100
Jun
1,104
v
21%
20%
.
Ogilvie Flour Mills common
Preferred
160
14%
__
common
11%
26%
vVJan
:;20% Mar
1,070
40
40%
25
_i'
Mines Ltd
Jan
14%
159 159%
1.95
•
com
Goodyear Tire & Rubber of Can
Wire
Noranaa
111
71
*
Advert
Davis Leather
13%
•
22% May
435
140
22%
common———*
Steel 'Car; Corp—-s.*
Niagara
118
Apr
22% Mar
75c
15
General
29
Jan
"23% May
320
'
24%
V
21%
Tramways— ——___100
Breweries
-
Feb
108
July
■
National
117
4
14%
*
—
•
Dominion
Brewery
1
108
14%
3%
Consolidated Dis Sec class A——*1
Cub
17 % May
8% Mar
1,620
.
10%
10%
/ : 29
•
Molsen's
275
118
108
170
•
common
Preferred
Jun
'
8
11%
10%
(Robert)
Montreal
26%
118
__
mm*
■
•
preferred
Commercial Alcohols Ltd
v
McColl-Frontenac
25%
'
'
Feb
5
29
Milling common..*
Candy
W)
<C
Maf
100
Westinghouse Co Ltd
Food
Claude
Jun
210
12
11%
100
Laura Secord
107
Inv com—*
common
Preferred
Lake
Feb
.
Consolidated Bakeries of Canada Ltd-'*
Jamaica
105
14%
.1.00
preferred
Canadian
May
108% July
24 % Mar
100
Utilities
Jun
56
High
4.15 May
39% May
36%
•
common
Preferred
International
mmtrn
—100
Canadian Western Lumber___
Power
75
100
Canadian Light & Power Co_
Canadian Marconi Company
Jan
Jan
105 % 105%
100
Petroleum
Jan
Jan
Jun
29%
27%
28
19
Preferred
International
45
106% 106 %
——
_—_•
Preferred
Jun
370
35%
•
Paper common
International
25
'
Int Nickel of Canada common
International
65%
Low
2.30
Mar
Canadian
International
2,084
'
100
Canadian Industries class B
Imperial OH Ltd
Imperial Tobacco
3%
65%
106%
26%
Feb
32%
Jan
pfd_—i—_100
24
-31%
30%
Range Since January 1
High
65%
13% May
'•••
31%
•
Shares
3%
'
—
100
Calgary
15%
Mining
Bay
Jan
for Week
Low
1
12% July
;
Mar
r
For
common
Sales
Ranee
105 % May
Jan
11
21
22
common
Preferred
Hudson
12%
•
1,935
700
5
Mines__
Smith
Week's
of Prices
ale Price
.
13% July
Apr
102
v
600-
•
High
■■
Jan
15%
7,650
STOCKS—
Canada
Gold
Hollinger
.
Last
Low
: 105
r
11%
3
Friday
30
19 Va
17%
AUGUST
Range Since Jannary 1
■
High
102
___—..
common.
Shares
of Prices
Tar
Gatineau
ENDING
for Week
Range
Sale Price
.
WEEK
Sales
Week's
Friday
FOE
6%
Jun
*
Co____-____i._^
Paints
—_
15 •: ~
■
*
7
Foundation—
cum
preferred
102
102
10
(Can), Ltd "A
50
—'
15
10
102
y.2
15
50
50
7
July
50
July
13% Aug
255
13%
.
104
49 Y* July
45
13%
100
22
conv
July
Apr
4% Mar
13% Aug
■
/
■"H 7 i
22 Va
July
16% Mar
Jun
'
Ontario
Steel
'
V*
*
v.:=',I
C
Electric Rys
Ottawa
common
Aircraft
Ottawa. Car
J
Products
Ottawa Lt Ht &
Preferred
8
17%
%
8 i
.
5%
Jan
95
28%
Jan
8 >
Journal
Jun
37 /
100
!
37
250
10% <10%
..100
;
100
100
•
8% Jan
1
Labatt
Jun
38
Jun
11%
v
•
■'•
' ■
•
■
,
Ltd
Penmans
pfd
—100
—
99
Jan
101
150
15
Jun
29
May
Apr
14G
'
Jun
'
21%
21%
565
18% Mar
10%
•
10%
10%
1,180
Jan
___*
150
(Walter)
Price Bros & Co Ltd
5'ft)
Provincial
33 %
22
Jun
12%
Jun
Melchers
—*
Transport
'
»■
Regent
Knitting
Rolland
Paper
8t
Lawrence
Class
St
A
Corp
1
preferred
Lawrence
Paper
preferred.
11.50
.—100
Mar
103
Apr
12
>
12
--
320
9%
24
12
10
12
106
3%
241/4
23%
,
Distilleries
*
19%
19%
24
24%
26
"
;%2 rL
11%
Jan
Jan
Feb
105
Feb
/
Minnesota
Jun
Montreal
Shawinigan Water & Power—
Sherwin Williams of Canada com——*
Breweries
Sicks'
preferred— 'ZIIZaoo
&
13%
525
27
27%
290
107
107
common—*
4%
4%
Paper
Ltd
17% Jun
Southam
Press
Southern
Canada
Steel
of
Co.
Preferred
—
Canada
15%
13
24
12%
106
July
<
Jan
75%
/
Noorduyn
—
IIIIIII25
80
0
Steel Corp
i
Viau Biscuit common
Ltd
Aviation
*
Preferred
Weston
Tel
&
class
Power
Sarnia
2,130
16%
Feb
20
Jun
Southmount Invest
25
Jan
Standard
32
30
'/
22
Mar
22%
Apj.%
99% Mar
1,270
460
15
10%
July
Jun
16
Jun
Jan
^
101
14
July
85
:-vv
69
Jan
76
25
74
Apr
80%
Electric common
Winnipeg
375
5%
3%
Apr
Jun
6%
Jun
Canada
6%
Power
Corporations class
Windsor
5%
preferred
6 %■
A
Mar
Beaufor
76
260
70
Mar
22%
50
21
Apr
78% Apr
22% July
12
324
Jan
14%
20
75
Jan
91
July
Gold
—10
.—
—
10
Buffalo
Jun
Cartier-Malartlc
Jan
7 V*
Jan
8%
8%
Jun
Central Cadillac Gold
6%
505
6
111
111
39
107
23c
25c
731
9%
U'/a
9,380
20
20
29%
29%
10
10
May
28%
10
28% Mar
29
Jan
16
65
19
19
685
28%
28%
28%
95
18%
13
18 %
1,461
15
Jan
Jan
16%
27
15%
16% July
17% Jun
Apr
19%
May
> 14
29%
Jan
Jan
18 %
July
Jun
Week's
1,400
15
Shares
Pr
&
Paper
Ltd
Bros
British
American
British
Columbia
class
"B"
High
4%
<4 2,218
58
415
17
17%
530
17
July
17% July
100
100
50
100
/July
100% July
*
A
—*
Oil Co Ltd
Packers
Low
V:'V
2% Mar
44
Jun
62%
35c
45c
V
75c
Jan
8c
Jan
Jun
60c
Jun
flc
Jan
27c
May
Apr
31c
45c
500
19c
Feb
44c
500
flc
Jan
18c
20,300
6,500
V'
4c
Jan
54c
May
May
33c
Jun
60c
Jan
26%
Jan
29
Jun
26
26
30
1.05
300
1
1
4.05
3.10
4.15
23,300
38c
35C
40c
38c
34c
40c
3%
92
3
Jan
39%
25
35
Apr
30c
July
46c
July
20 %c
Apr
64%c
Apr
6c
70c
6,000
6c
63c
13%
■13%
100
13c
14c
3,026
20%
20%
75
Gold Mines Ltd
1
Goldfields
—;
1.70
Mines
Jan
25%
24
23%
24
670
53%
•
32
31%
32
125
25
footnotes
see
page
600.
Jan
Jan
Jan
18
10,000
46c
July
500
92c
Jan
1.75
8,920
28c
28c
1.55
300
3.15
2,300
30c
34c
5.90
1.50
200
36c
33c
36C
14% May
28c
Apr
24% May
63c
Aug
2.05 Mar
10c
July
1.75 Aug
Jan
30c' July
3.80 Apr
Feb
2.25
3,400
1.50
-
13 %c May
1.50 May
July
25c
19,350
5.85
34c
Ltd
Mines Ltd
Yellowknife
i
14c
Mines
_______
10c
45c
Jun
4.75
>.
Feb
5.90 July
1.20
Jan
1.79 May
22c
37c
Mines
Sherritt-Gordon
Siscoe
Gold
Mines
6c
Jan
25c
Apr
15c
Jun
37c
Aug
Stadacona
8tandard
July
67c
200
65c
July
68c
—
July*
21c
67c
Ltd
Ltd
39 %c
6,800
118,700
Itf}
36c
Mines Ltd—
Gold
Gold
70C
3,310
65c
Jan
80c
90c
1.05
Mar
May
1944
Apr
69c
Ltd
Sullivan Cons Mines Ltd
1
66c
69c
8,442
60c
Mar
54c
Mines
Gold
Mar
4%
43c
54c
20,100
43c
Apr
1.00 May)
Jan
3.80
2.75
2.30
2.85
14,205
1.50
Apr
I
34
Jun
Jun
July
OilsEast Crest
Homestead
*
7c
63c
1.50
Gold Dredging
11%
1.40
2.90
—U
3,15
Ltd
Gold Mines Ltd..
Cadallic
7%c Jan
1.50
—
Mines
Gold
3%c Jan
60c
1
Mines
Calumet
■
1.40
Mines
Gold
Lake
Lingman
14c
1
Ltd
Mines
Shore
Lake
1
7.00 May
12,500
1
Kerr Addison
2.40 Mar
39% Aug
Pulp & Paper Co Ltd—
Common
1.05 Aug
52c
Apr
15,300
1,500
Consolidated Gold Mines Ltd—1
Kirkland Gold Rand Ltd
Apr
35c
1.05
1
1.80 Apr
51c
500
,
*
Apr
3,800
a
35c
38c
May
79c
1,500
10c
25c
29c
1
Jan
23c
Feb
10,400
•
23c 25%c
10c
3c
19c
Jan
1.25
1
Mines
9%c July
1.05
—
Oil
Co
10c
Ltd
_r
Home Oil Co Ltd—
Brit Columbia
Apr
11% Mar
37%C
Jun
39%
•
Ltd
Mar
High
5%
3%
__
30
8
1,500
Range Since Jannary 1
57%
Beatty
Aug
Feb
Jan
28%
6,500
J.-M.
Red Crest
4%
17
Aug
20
9c
Mines Ltd
Mines
Joliet-Quebec Mines Ltd
Rochette
Lovi
100
11 Va
58c
Cadillac
One
for Week
•
100
July
17 % May
8c
—;v.;
Mines
Pato Cons
Par
& Atlantic Sugar
Apr
8
25
1
East Sullivan
perron Gold
Sales
Range
of Prices
preferred
Jun
July
Fonda
Sale Price
Preferred
10
112
30c
58c
1
Mines
Pandora
Montreal Curb Market
Paper common
Jan
Jan
9c
25 %C
Ltd
Mines
Donalda
New
Last
Apr
Jan
58c
Gold Mines Ltd
Gold
Centremaque
O'Brien
Power &
Feb
May
7%
22c
21
—
Mines
Gold
Canadian
MacDonald
STOCKS—
50
36%
13c
20% May
27
19
Friday
46%
96
39c
22
Feb
550
Canadian
106% July
Jan
/ \ y:i' 30
13c
Jan
26%
16%
v.
14% July
Jan
41
39c
Jan
80
16%
-
Jan
7%
Bouscadillac Gold Mines Ltd..
18
26%
16
'
__
Mar
99
41
Bonville Gold Mines
19%
26%
4M4*
3%
14
35
■'
7%
■
..1
Ltd
Mines
Louvicourt
For
10
184
10 %c 10% c
Aumague Gold Mines Ltd
July
* 89
-10
Bathurst
788
,
42
42
*
;
,_1
15
25
-10
Scotia
Acadia
13%
106% 106%
'
—
._1
63
115
-10
_
—
Royal
Abitibi
13%
.
Heva
Canadieftne
Nova
13%
*
Ltd
Jan
Banks—
Montreal
Jan
Ltd
Copper Corp
Mines
Aubelle
Goldora
Commerce
6%
•
Jun'
Mines—
Mar
20
—______
262
•
12%
22
25
July
Jun
12
—
class A.
Corp
58
28%
preferred—..
Jan
4% July11
Jun
11%
*
pfd—100
Ltd
Hotel
Aldermac
Dome
Ltd
Zellers
107
3%
Feb
10%
Amusement
13
11%
Feb
65 Va
57 Va
Chemical
United
45
89
Jun
16%
14%
20
Ltd
Co
14
20 .V
*
30
28% July
11% July
2% Feb
215
;_*
A
Bridge Co Ltd
63
22
100
Preferred
44%
44%
25
36% May
/•
Jun
Jun
•
common
Jun
8% Mar
10%
Jun
75 •
...
*
(George)
Ltd
Wilsils
875"
3%
Quebec
22%
.————*
llVa
62%
Jun
76
Walker Gooderham & Worts common.0
23
Jun
4%
14.
63
9% Mar
3%
•
63
•
Cotton
Wabasso
5%
*
—
2% Mar
325
62%
N.C.
Arno Mines Ltd
United
Feb
355
10%
11%
ll7/a
Corp of Canada 6% 1st pfd__100
part, 2nd preferred
50
Quebec Pulp & Paper 7% red pfd__100
6%
Jan
120
V
105
50.
4%
10
Power
68
75%
80
common
—■
'"'-v
:
Jan
Jan
Mar
*
Ltd
Jan
29%
•
13
107
%
12%
•
Royal Hotel Co Ltd..
Jan
.
16
13
Power
*
Mount
,
58%
430
,
Jun
22
,
Refrig & Storage Ltd com.*
United
Simpsons
100% 100%
—
22
25
12%
27
Ltd
Ontario
2% May
18% Jan
27%
26
common
V*;?/
26%
12%
Corporation
Southern
•
26%
*
10
■; 305
62
19%
15
240
24V4
61
...
200
3%
62
15% Feb
95
22
6% May
9% July
350
100
Moore
16 %
.
200
,
37% Mar
i
•
106
•
■
3%
common-
Feb
100
24
*
-1
——..100
32
65
16%
25'1
pfd
common...
Preferred
870
12
—
.
Quebec Power
33%
32%
560
1
9%
preferred_100
McColl-Frontenac Oil 6%
102% 102%
——loo
preferred
8
9%
—
Preferred
•
8
Co
MacLaren Power & Paper Co___
Maple Leaf Milling Co Ltd com
Massey-Harrls Co Ltd 5 % pfd—
July
28%
10
21%
Canada
of
Corp
27%
150
—
Powell River Co
Power
27%
27%
*
(Alfred)
*
Jan
-Vv:
'
>
Tubes
13%
(John)
Lowney
'
Page-Hersey
(Ottawa)
Publishing
Lambert
Power common
______
no
8
18%
„
——*
—.
15% May
45%
Jan
Oil
& Gas
Royalite Oil Co Ltd
Ltd
;
•
—
IOC
3.65
1,000
3.65
20
12c 12 %c
11,000
20
175
20
10c
3.10
4V.n
19%
July
Jan
Jpn
Jan
21c
Apr
4.25 Mar
18c
May
22 % Mar
Monday, August 6, 1945
COMMERCIAL & FINANCIAL CHRONICLE
THE
600
OVER-THE-COUNTER MARKETS
for
Quotations
-
Friday
August 3
Quotations on Real Estate Bonds
For
Specialists
Shaskan & Co.
v ■'
OVER-THE-COUNTER SECURITIES
*
Members New York
'
;v
K
Markets
Firm Trading
*' I■
„■
i-r
'
in
'
Members New York
ACTIVE
250
i
Place, New York 5, N. Y.
ISSUES
Tel:
BeU Teletype NY 1-953
DIgby 4-4950
120 Broadway, New York
Ward
Co.
&
Tele.
BOSTON
Direct Wires to
rfARTFORI)
—
2-8700
REctor
Phone:
1-2173 & 1-1288
NY
Reorganization Rails
Dealers Association
Members New York Security
Established 1928
>
"
40 Cxchango
■
Stock Exchange
Curb Exchange
PHILADELPHIA
—
(When,
as
and
if Issued)
Bid
Chic
Investing Companies
8.43
:
...
5.23
Series
B-2
Series
Scries
Series
K-l
16.19
17.41
Series
K-2
31.51
33.88
Series 6-1
6%
"
—
Investing—
Bankers Nat
Tr
Bond Jnv
of America
Fund Inc
Broad Street Invest Co
Century
20.30
3.60
31.39
•
—1
Securities com—100 2,670
Chemical Fund
Christiana
Dividend"
^
HowardBalanced Fund
General Investors
'
Equitable
American
Fidelity
American of Newark
12.70
6.16
8.80
Putnam
6.89
Republic Invest Fund
4.60
1
5.52
&
Federal
Fire Assn
2.90
■
•
101.61
16.88
4.08
' * '
103.67
2%
11.69
12.75
\
6.73
7.37
1
15.70
i—I
3.72
—
Selected Amer Shares
4.84
5.33
Sovereign Inventors
Standard Utilities
6.45
20 ? :
15
(Geo) Fund
10c
—.
;
,
64c
66c
55c
8
•
26.79'
Fund
series
25o
C
2.90
8.23
13.51
Pwr Shares A
1
1
General Reinsurance Corp—
Gibraltar
A First
15.10
14.71
Globe
Banking
-
Boston
Corp
Of Governmental
,_10
5%
5%
44%
46
Bid:
U 8 Conversion 3s
U S Conversion
100 {§-
Panama Canal 3s
101 &
103.25
25%
fit Paul Fire & Marine,—..,12%
Dollar Price 100 Pins
Maturity—
of Indebtedness—
Certificates
100
52%
33%
r35%
25
Standard Accident
—10
Travelers
Steel
552
———
&
26%
28%
79%
108%
2.60
33%
36%
U S
Guarantee
Westchester Fire
100% i
1974
103%
100%
104
&
1974
Gulf
3%s—
Bid
Louisville & Nashville 2%s. 2003
101
108
100%
99%
104%
1974
107
1975
100%
.1975
—1980
1965
98%
Portland Gen Elec 3%S—
3%s
Co
—
Bid
.0235
.0264
.0359
100.24
100.25
t0;90s
.0398
.0478
100.10
100.11
.0362
dividend,
101
t%s Feb. 1, 1946
t%s March 1, 1946
t%8 April 1, 1946
.0265
100.31
.0253
.0367
.0288
.0472
t%s May
1946
.0325
.0472
tVaS June 1. 1946
.0444
.0607
' 0532
'.0342
.0712
.0538
.0293
1945
k
101 %
Bell Tel &Tel 2%s. 1985
101 %
101%
1974
103%
104%
South'n
Pub
Sou'western
3%s_
Serv
3V8S.
102
July
t7/as Aug
1,
101%
;;
102 %
Ry 3%s— .1985
98%
Elec Service 2%s_„. .1975
Texas Power & Light 2%s. 1975
101%
102
100%
100%
&
Pacific
Texas
98%
quoted are for discount at
Bills
purchase
Bid
Ask
b0.375
0.28%
b0.375
1,
1946—,^
—,
1,
1946
1946
0.33%
bO.375
0.34%
bO.375 '0.35%
1945
4,
Ask
bO.375
20, 1945September 27, 1945—
September
0.32%
October
b0.375
0.32%
October
11,
1945
bO.375
0.35%
bO.375
0.32%
October
18,
1945—
bO.375
0.35%
b0.375
0-33%
October
25
1945—__
bO.375
0.35%
bO.375
0.33%
November 1,
1945—
bO.375
0.35%
.0291
.
.0355
•
f.09%
99
1965
(Jos E)
to
1,
107%
101
Ask
t%s Dec.
Jan.
::
1965
100'A
105%
,
August 9, 1945—
August 16. 1945—
August
23, 1945
August 30, 1945—
September
6, 1945
September 13, 1945—,
t%S Sept. 1, 1945
t%S Oct. 1, 1945
1,
101%
Skelly Oil 2%s___———..
South Carolina Pow 3s___. .1975
Seagram
100%
102%
3s
Elec
Narragansett
Texas
99%
101%
96%
101
101%
109
100%
Ry—
Ask
96%
Mountain States Power 3s_. 1975
Reading
Rates
100.10
52
49%
Auk
United States Treasury
100.21
..
43%
104%
1975
2%s
Pow 2%s
Gas Lt
100.3
.
567
;
76%
106
;_1953
Lt
100.2
-
38
35
.,100
41%
101%
Oklahoma
100.9
i
122%
117
10
Bid
4sk
x48%
U 8
105%
—
100.20
1%%
74
71
10
10
Fidelity & Guaranty Co—3
U S Fire
4
Cent Vermont Pub Serv
1%%
%
;
32 Vb
101 %
Birmingham Electric 3s
1%%
1
l»4?_
tSept.'l5, 1947.
tSept. 15. 1943,;
31
23%
r 91%
.
3%s~ 1974
133%
Figures after decimal point represent one or more 32ds of a point
15.
28%
!
87%
2%s__1980
103.29
132%
Quotations For U. S. Treasury Notes
tSent.
26%
Lt
10113«
1947
;,,___1948
3s
-'M
—
5%
28%
10
—
Fire
TO
Tel
&
Treasury bills—
1946,
49%
-
30%
103%
99.31
6%
3
10
—
(Texas)
(Paul)
Ask
1961
101.5
102.4
100^
3/.
103%
Bid
38%
Issues
102.2
v.
'
Bid
Pow
Erie RR 2s
Tt~
15,
46
.,8
1975
Conn Light & Power 3s—1974
Continental Baking 3s„—1965
Page 583
'
Other
'
35%
Agencies
Ask
Federal! Land Bank Bonds—
Int. Rate
.15
.10
Tel &
Laclede
L
101.3
14
10
—
Recent Bond Issues
Bethlehem
1
'
"'Ss^ah. 1, 1956-1946——_
J3s May 1, 1956-1946—
''l%V-Oct 1, 1950-1948
■^V4S Feb. 1. 1955-1953
20
,
.10-
Fire
2%s
Bid
12%
Security New Haven
58
;
#■' 9
.15
preferred
3%s
•<;
89%
8
Springfield Fire & Marine.
54%
-
.8
Hanover
3
-'19':.
.,8
.,8
;
Rutgers Fire com.
&
2nd
Houston
i'V.
63
85%
13%
23%
.10
Marine
Fire &
Great American,,—,,,,—.
Kansas
tDee
12%:$
22
Glens Falls Fire,:
Globe 4s Republic,
ArKansas
ABlalr & Co
FOR NEW YORK CITY BANKS & TRUST COS.—See
tMar 15 1947
Revere
20.41
18.71
Corporations
30.85
V*%
98%
.,8
American
14.80
28.38
Maturity-
Republic
94%
19.20
&
Investment
1.17
1.06
Insurance Group shares
IDec. 15, 1945.
tMar 15. 1946
60
.10
25.16
1.08
Stock and Bond Group shares.
105
58'A
10
9.00
22.02
Wellington Fund
98c
X98%
10
—
(NY)
Corp
Reinsurance
164
-
57
15.72
14.35
25
—
—^
10.39
9.50
i
Unlcn Common Stock Fund B
Securities Ltd—
shares
A 92
24.17
86c
A
B
Union Preferred Stock Fund
29.02
2.59.
5%
.
96c
25.90
22.11
Bond
Series
1.75
1.60
25.12
Trusteed Industry Shares
Investment Co of America—10
J'.,
154%
—8
Fire
14'A
24%
5
88%
Indemnity Co—.
.10
Newark,.
of
Franklin
32
52%
50%
.20
30%
> 48%
12.50
Northern
Preferred Accident
71c
>
52c
Bta.te Street Investment Corp—
Series
Bank Group shares
3V
36
Phoenix
.10
Deposit of Md_.
of Phila
Firemen's
•
—
.
U S El Lt
-
Pacific Fire
62
.10
1
Fidelity Ac
8.04
—!
3.15
;
..l
Trading—!
5.51
Union
■
32;
33%
Group
9.37
■
30
:•
53%
providence-Washington
11.61
8.72
;
67%
50 V4
10
2.50
5
River
Northeastern
—
65%
8
Crum & Forster Inc
North
23
Casualty
Fire
21
10
20
Fire
Union
Seaboard Surety
Foundation Fund Inc
10c
12%
22%
Employees
X8.52
1
.
—
6.92
54c
8
Employers Reinsurance
21%
8
Fire
Fireman's Fd of San Fran-
Scudder, Stevens it Clark
Fund, Inc
5.86
York
11.31
Camden
shares—
Trust
5.80
—
45%
: 7.97
X7.31
Petroleum
;
10
Pacific
,
8.51
5.01
Hampshire Fire
184
174
'
29%
29%
11.50
x7.93
Railroad equipment,
Amer
2
10
City of New York,,.
Connecticut General Life,, —10
Steel
North
685
660
100
Tr-;-
5% ?
3
'
60
57
10
6
33
/
Amsterdam
Continental Casualty,,
xl0.56
,
4%
30
(Detroit)—10
Brunswick
xl0.46
.
6%
$
New
14.69
10.29
.7
55%
New
9.78
13.39
x7.24
-87%
New
7%
82%
9.42
xl0.29
12
10%
83
51%
5%
4
Fire
Casualty
National Liberty
11.97
—.
-
4
National Fire
X8.89
xl2.19
Railroad
8.75
Monarch
X13.37
; x9.36
;
Oils
10.35
6.29
Investors Fund O
42
Fire N Y
Mfrs
&
National
X8.57
Speculative
5.oo:
Aviation Group
67%
,
78%
28
Bankers & Shippers
Boston
Hartford
Institutional
-
xlO.89
7.74
—
Incorporated investors
Independence Trust Shares
Merch
18%
62%
19%
6%
2%
Baltimore American
8.23
—
40
New
12.91
xll.75
14.47
4,17
_
•
98%
36%
12%
8
Merchant Fire Assur
National
Series 1955
Utility shares
Common
13%
39
Series 1056
Steet shares—
Income
12%
& Casualty_8
3%
10
rrv-.
1
Casualty
Maryland
Massacnusetts Bonding
65%
,
96
20
of N Y
12%
18%
25
6.26
AHuron Holding Corp
31 %
,,4
5 :; 11 % V
8
167/s
8.11
"petroleum shares——,—
Tobacco shares
American
8.56
4.87
•
Casualty
Surety
8.67
—
'Railroad Bond shares
'RR. Equipment shares
Tkallrbad stock shares
7.78
4.33
Automobile-
American
American
11.14
-Mining shares..—
1
American
10
America—10
Fire
47
28%
22%
20%
29 %
10
Alliance
14.81
-7.38
—
Merchandise shares
Insur Co of North
14.66
Metals
10.62;
Homestead
79%
10
5.27;■
'Low Price Shares
55
Ask
Bid
44
26%
14%
Inspect.,10
8
Hartford Steamboller
48%
10
Machinery
64%
Par
82%
76
„10
—36
Life
Agricultural
Reserve
>: 7.89
'
Aetna
Re-Insurance
stock,,
6.51
33%
62%
Home
American
equipment
"
57
31%
Preferred
62
23%
55
52%
47
.,16
'.Aetna y,'---
American
t——x7.48
Insurance
29
,,
21%
Preferred
Ask
Bin
79%
Surety.
&
American
—
Electrical
74%
27
60
Insurance Companies
Par
•'-< 7.97
stock
7.62
8.01
'Industrial Machinery shares—
•Institutional bond shares——
-
85
75-year 4Vis
87
40%
72%
com—-
Seaboard Ry common
100
9.75
6.55
Building supply
9.28
7.96
—
99
Fund-..-..—..!
^Diversified
9.42
shares—
Income
,
X13.17
9.36
5.60
Fully Administered
-'General bond shares
Francisco—
San
8.82
5.90
Automobile
11.56,'
!Food shares,
r;
;
5.92'
'Electrical Equipment———
■
&
Automobile
8.51
6.93
Louis
38%
—,100
Grande
Rio
&
27
66%
Pacific—
4^-*—-*
Common
5% preferred
Preferred
;
1st 50-year 4s—
25
64%
St Louis & San Francisco com—
104
102
1993
—
series
Bank
8.52
St
75%v>--: 77%
2018
Pacific
Preferred
Denver
4V2s
.:."v
—
Chicago Mtlw St Paul &
Common
:
Chicago Rock Island &
95
Grande-
Rio
1st 3-4$ income
8-72
7.15
Agriculture; ■"y.-
6.12
8.44
shares—
'Building shares
Chemical shares—
&
Income
8.08
6.14
Diversified Investment Fund—
Aviation
106%
93
New York Stocks Inc—
6.36
7.74
105%
1994
167/a
59%
17%
Chemical
^
$;•:$
84 V4
2019
4V2s__
income
Denver
15.85
.
7.35
$■; 5.54
priced bond series—
„ $
priced stock common—.
New England
7.27
6.05
82 V4
2019
1st 48
Conv
;
,
Preferred stock scries—
39.60
•
1
shares'-
-Agricultural
"
4.42
8.99
Aviation
'Automobile shares—
;
Low
36.17
5.54
A—2
Trust
Securities—
6.51
4%$ B
Chicago Rock Island & Pacific—
2.27
27.53
income
2019
10.90
27.16
13.71
14.89
14.76
—
stock series
Industrial
25.86
2.07'
Gen
Aetna Casual
series———.———.
Income
Stock
Inc-—2
General Capital Corp-
Group
16.45
Fund, Inc,
Fund
8
Fundamental Trust shares
-
.
26.31
15.38 *
stocks
106%
99 V2
>
A
Jersey Insurance
1.58
24.61
24.01
FUndafhental Investors
■'
7.35
shares
Balanced
Low
}
Fidelity Fund Inc
Fihancial Industrial
First Mutual Trust
t
1.43
-1
Stock Fund.
,
21,15
National Security Series—
Bond seMes————
6.45
250
Shares
National Investors'Corp—I
19 56
<fc
Eaton
6,18
55 A
.143
*
Shares—^
33.75
—i
2,770
2d
Investors
Mass
income 4'/2s
97%
10414
1994
Gen
77%
77
109.60
47.10
9.92
25.26
12.75
13.59
Fur.d——1
Mutual Invest Fund Inc
10
Natlon-Wlde Securities—
(Colo) series B shares——,•
5.69
53 A
1
1
Delaware Fund—
Diversified Trustee
4.20
Trust
Investors
;<
Chicago Milw St Paul & Pacific
16.34
14.31
6.58
7.65
,
100
75
4 Vis
Income
.<
10c
1
Common
Mass
„
143
100
Preferred
Commonwealth Invest
Consol Investment Trust
Fund Inc—
Manhattan Bond
,r,
1
Fund Ltd
Shares Trust
35.88
18.52
*
Canadian Inv
21.47
33.19
8
Inc
26.85
S-2
—
110.09
19.97
»
Fund Ltd
Bullock
6%:
105.69
-
Boston
19.88
27.50
14.85
Series
S-3
—12.98
Series
S-4
5.92
Knickerbocker
Fund
6.92
Loomis Sayles Mutual Fund—•
107.41
Loomis Sayles Second Fund—10
46.16
•
6%
—'
A Common
—
,
Series
98
2003
1st 4s
J
B-4
7%
13.39
Ask
29.80
32.33
21.39
13.24
21.82
30.34
29,47
28.46
29.51
19-47
12.06
—,
B-3
4.57
14.53
4.17 ;
1
too
!S—
—J
;7 Bid
1983
2nd 4%s
*
B-l
Series
32%
30%.
-10
Funds—
Keystone CustClan
9.25
4.78
1
.1%
1st 4s
Par
Auk
Bid
Par
Aeronautical Securities—
Affiliated Fund Inc
AAmerex Holding Corp
Indianapolis <fe Louisville—
101%
75%
Seaboard Ry 1st 4s—
Ask
99%
Ask
Bid
Bosds—
a
Odd lot sales,
b Yield price,
c
Result of the merger, effective
Jan., 1, 1945, of Doehler Die
Casting Co. with the W. B. Jarvis Co.
d Deferred delivery,
e Ex-interest. > f Flat price,
Stock Exchange,
r Canadian market,
s Cash sale—not included in range for year,
x
Ex-dividend,
y
Ex-rights,
z
Ex-due bills.
gFormerly Coleman Lamp & Stove Co.; change of name approved June 12,
share of old common stock reclassified into one-fifth share of new 4%%, $50 par
and four shares of new $5 par common stock.
»
•No
tin default.
by sponsor or Issuer.
par
furnished
value,
k Removed
t Ex-stock
*-
tThese bonds are subject to all
Federal taxes.
1945 and each
preferred stock
AQuotatlons not
Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number "4409
CANADIAN
LISTED
60
MARKETS
RANGET FOR WEEK ENDING JULY 27
Friday
Montreal Stock Exchange
Canadian
Par
Low
13
23
Steel
Algoma
—
'Ltd
A-uminum
*
—.-100
Light & Power—i.
V
Telephone
Brazilian
British
Power class B——
16%
16%
17
171%171%
395
24%
.24% .25%
4,311
22%
Feb
27%
15%
Jan
18% July
4% Jun
Jan
16
Jan
10%
10%
16%
170
11%
Jan
140
40
Jan
46%
16%
6,545
51
51%
305
8% Jan
44%- Jan
40 V
«
101
38% May
23
26%
Apr
Apr
26%
Jun
28
130
8
•":'!'
120
5
120
8
Apr
10J/4
110
V
6%
6Vfe
Apr
9%
29%
30
15% Mar
17
17%
4,170
11%
Feb
20%
13%
125
12%
Apr
15
65%
65%
66 %
152
49
Jan
70
39
40
155
;
Abitibl
-
33
:V'':V' 5
:
Jan
40
Jun
42
58
385
42%
Jan
64%
185
29
Feb
36%
25
11% May
9'/a Jan
16 y2
13%
15%
Jan
32
29
Jan
164
7% Mar
12
Jun
18%
163
25
161
~9%
9%
.
10%
16
17
215
16%
17
2,217
Jan
14
2,470
12% Jan
110% 110%
20
109% Mar
79
79%
420
10%
500
50c
50c
100
14
17
14
155
20
20
2
V
110%
79%
20
,;!;5Y
5
;
-
/
•Y
72
Jan
8% May
,
5c
12%
20
Jan
July
5
16
Jan
July
24%
72
20 %
Jan
312
10%
Jan
97
Feb
24
16%
16%
105
5
•.
'
11%
7
910
16%
105
101% May
15 y4 Apr
10
1,085
v
8%
6%
100
7
Jan
102
25
7
12%
Jan
17
; 17%
100
100
100%
Feb
15%
11
Mar.
21%
22
435
21
32%
15%
13%
"7%
7%
27
104
100
105% July
17% Jan %
8%
Jan
24
Feb
30%. Jan
35
Mar
15%'
2,480
13%
13%
1,415
7%
500
27
104
12%
101
16%
.;"r' 5
32
32%
180
29%
35%
35
36
1,105
27
Canada com..*
28
390
22
22%,
1,715
15
22
Co Ltd——*
International Power common!
*
Jamaica Public Service Ltd common..*
Jan
39% May
33
Jan
27% May
Jan
30
11
108%
70
26%
200
29
29
152
15
11
35
152
12%
1,579
*
10%
10%
10%
29
28%
29
24
Cottons
———
11%
24% Mar
24
140
preferred———100
Montreal Light Heat & Power Cons—*
Montreal Tramways
—100
Murphy Paint Co preferred—..
100
22
21%
23%
106
24%
140
22%,"
23%
106
y
9%
Jan
23% May
525
5
Feb
8% Mar
795
12
*
—
——
Jan
Jan
150
465
*
—
22% May
132
Jan
20% Mar
3,122
50
22
Apr
5
105
May
40
40%
400
37
May
21
Steel Car Corp
20%
21%
430
17
y4 Mar
May
24% Mar
38%
Jun
113
Jun
35
May
12
Feb
31
Jun
152% May
13% Jun
ll'/e
Jun
26%
140
Feb
Feb
24%
28%
76
106
Apr
Jan
July
41%
Feb
22
Jun
27%
Ogilvie Plour Mills common
Aircraft—
20
Apr
26
Jun
56%
960
50
Jan
27%
28%
370
24 y4 Mar
59%
28%
Jun
15
168% Jan
5% Jan
172
.100
*
24
55%
Noranda Mines Ltd
7%
■
172
7%
37
—
Ottawa Light Heat & Power corn- .100
.100
Preferred
10%
37
10
10%
65
Jun
175
Jun
8
Jun
20
28%
Jan
38
Jun
175
8%
Jan
11%
Jan
17
99
52
57% Mar
101
-1
18
Powell River Co..
10%
—
32%
Price Bros & Co Ltd common
.100
11%
—
,
Power —
*
Power preferred———.100
Corporation common.
-50
preferred
100
St Lawrence Paper preferred
Shawinigan Water & Power,
Power—!,.———!
1,225
34
1,090
32
Feb
365
100
Mar
103
Feb
Apr
12
Jun
11%
12
*
14
Jan
18% Mar
7
Jan
9%
100
286
16%
17
24
25
22
12
39
11% Jan
106
30
3%
3%
15%
Jan
2
% May
50
18%
58%
138
61
61
19%
19%
23%
24
30
27
29
345
27
13
Steel Co of Canada common
15%
.13
74%
Jan
Jan
101
.July
61% July
18% May
22
Jun
12%
Jun
37% Mar
17%
24
Jun
July
12%
107
Jan
July
4% Jun
Lt. &
Pr
68
22% Apr
99% Mar
32
Jun
101
July
Jun
16
Jun
60
10% Jan
14
Westinghouse
75
35
69
Jan
76
365
16 %
Jan
22
Tooke Brothers
3%
Apr
15%
13
16%
1,920
22
7
380
15
.
July
Mar
'
5%
United Steel Corp—_—
600.
5%
-24%JJun
63
13
Jan
159
Feb
6
5%
100
6%
Jun
f jhly
13'^ipr
May
20
130
'
56% Jin
106
Jan
372
V
15, ,r, Jun
168 ;
Mar
167% May
Jan
.15
62
Catelli Food
Products
-
100
2
Feb
10
Jun
2
Jan
40c
Jan
12%
4
33/4
400
50c.
24
3%
50c
.
__
.
'
9
10
7%
7%
71
.
1.90
-
•
■
55
5
48
50
....100
Preferred
48
Commercial Alcohols Ltd common—*
4%
—5
7%
.,
Preferred
—
Feb
M^r
Consolidated Div Sec class A—_____i* -—■' /'
»
.!).
Dominion
Square
Dominion
Woollens
Donnacona
Fanny Farmer Candy
Aircraft Ltd
Ford Motor Co of Canada class
A
16
100
4P5
v
12%
10
12
.
5
191
7%
11
500
93/4
3%
29%
15
6
1,175
24
100
104
Mar
25
13
343%
jyn.
Jan
43 q
8
100
Jan
93
Feb
—10
Company
Insurance
15%
Inter-City Baking Company Ltd.—.100
(Can) Ltd A—*
—
100 i
Co
MacLaren
125
7%
Apr
51%. July
.7%, July
25^sJuly
4% Mar
Jan
25
50
21
22%
700
22
Jun
23 ..Jun
32%
25
24
Jan
36
450
9
' 9%
26
26%
175
22% Jan
12%
13%
365
12
16%
73
27%
770
22
Mar
50
105
Feb
13
,
27%
107
4%
10%
11%
—
33/4
27%
107
107
,
-
Standard
United
Chemicals—
United
10%
552
9% Mar
11 vJuly
115/s
11%
1,250
25c
35c
33/4
30
33/4
15
13%
13%
I
113/4
100
class B-.——
* "
Canada, Ltd
—*
,—100
—_—.——*
Ltd
Windsor Hotel Ltd—.!
-
111
23c
/
9%
--
6%
—
35c
July
2% Feb
.
Feb
23
5
,
63
11%
14% Jun
11% July
25c
8
25
62
—•
——'
Corporations
Securities
pfd
Jan
4% July
10%
13%
—'
.40%
99
.20
283/4 July
107
2% Mar
10% Feb
57% Feb
150
735
6%
Jan
65 %
14
.
July
.33/4 Jun
27, vMay
13% July
Jun
Mar
13%
782
3% Jan
14% July
106y2 106%
35
99
Jah
106% July
92
35
Jan
46% Feb
13
42
42
100
73/4
4iy2
96
99
20
20%
275
9%
105
6
Jan
76
107
Jan
73/4
>
:
392
15
111
112
8%
9%
1,661
10,125
18%
18%
"6%
23c
6%
5J/2
10
23c
8%.. Jun
"Jun
6% May
40%
9%
6%
Jun
500
60
11 Ve
Bridge Co Ltd
Power
Jun
16% Feb
17%
43/4
25
Purity Flour Mills common--—--—V
Quebec Pulp & Paper 7% red pfd__i00 .
Ltd preferred——* '
Southern Canada
30-
Jan
lfi% Jan
4%
'
Soiithmoiiht Invest Co Ltd—
10%' Jun
July
"
Noorduyn Aviation Ltd—13%
Power Corp of Canada 6% 1st pfd—100
106%
6% N C Part 2nd preferred——50
—
—*
"" Jun
8% Mar
6% May
9
26
*
8
350
8
16%
*
■
16% Mar
Apr
8
Massey-Harris Co Ltd 5% pfd-—100
McColl Frontenac Oil 6% cum pfd. 100
Melchers Distilleries Ltd common
*
Preferred
-10
Minnesota & Ontario Paper Co—
5
Montreal Island Pr Co—_______*^
Montreal Refrig & Storage common—*
1st preferred ——_———30
2nd preferred
—20
Moore Corporation Ltd
*
Mount Royal Hotel Co Ltd——*
Sarnia
'
15
50 y2
9
Power & Paper Co...
July
32%
Ltd
Maple Leaf Milling Co Ltd common—*
Maritime Teleg & Tel Co Ltd com__10
Jan
,
MncO
92
22
——*
(Alfred)
Lambert
145
■
25
cumulative preferred——20
Labatt (John) Ltd
—
*
Lake St John P & P.
—•
5%
Lowney
15
51%
7
7
International Paints
15%
51%
__
July
104
•:
Halifax
Feb
39
its'
Mar
5
Jun
Jun
July
Mar
.4%; Jun
Mar
5
10
104
(.
IS .,
11% Jun
12% Jun
,
Jan
; 79
'''•
100
;
,Jan
Jan
Feb
2
100
'■
8
; 4i
Feb
35% July
3% Mar
962
25
39
8
,
-_
65
293%
37%
—'
377/8
725
4
37
5%
l2%July
30^ July
40 i,
18 j
Jan,
Feb
15
35%
Jan
14%J)ily
ip%t Jun
July;
10
37
50c
;
July
30
93/4
__
:
—
16
!40%
Mar
30
,
10%
—,
7,fe,3un
Jan
75
5%
100
preferred
8y4
170
3%
*
*
Goodyear Tire & Rubber of Can Ltd—*
6%
2,384
165
10%
Foreign Power Sec Corp Ltd com——*
Fraser Companies voting trust—.—*
Freiman Ltd
(A J)
common—
,_*
8%
12
—
5%, Jun
Jan
12%
,
5
—
13%
30
Shops Inc.—1
Fleet
9
?9
*
Fairchild Aircraft Ltd
14%
39
>'•!. 16
*
—_!
?sc
12
—*
Corp—
Paper Co Ltd
7
30
30
49%.Jan
Apr
30c
*
.
'
50c',! Jun
Feb
6%
*' 383/4
__
_p.*
Engineering Works Ltd—_^*
Dominion Malting Co Ltd.!————.20
Dominion Oilcloth & Linoleum Co
•
Dominion
131! Feb
'5?4i'.Jan
*
-
3% Jan
100
8%
8%
*
Leather class A
Class B
42
90
200
143/6
————2.50
Consolidated Paper Corp Ltd
Davis
30c
25 c
vJuly
2.25, Jun
55!!;,V3an
.
May
4%
45
1,000
4%
7%;
Jun
12r,,lfJun
M
Mar.
11 y«
..5.
5
35c
48
"■ 35c
Jan
Apr
*
Claude Neon General Advert Ltd com.,'*
,
1.25 Jun
1.65 May
♦
2
12%
5
35c
6%
46
•
4,225
55
12%
—*
2.00
345
13
4% Apr
675
^
72
1.65
*
!
8
7%
71
:—♦
common
Chateau-Gai Wines Ltd—
II':".,
2%
Jun
22
14%
26%fjun
Apr
July
11%
100
23/4
3%
_100
Company
23^
;
Lumber.—,—«.—__1
Canadian Western
Canadian
United Distillers of
22
49
36 3%
96
19%
Jan
22c
50'
'
100 /'Mar
May
Jan
Jun
Jan
24
Jan
106
25
Jun
34
July
,4,15Jun
22%.Mar
5
!v-
-j...
25%
Jan
45
25
:
15
63
:
1
preferred—;
Royalite '
20
53
14%
2.30
472
;
159% 159%
169% 170
'•
Feb
Mar
355
,
1
106 '
.
8%
25
,•900
12%
v
——100
Co
Reliance Grain Co
25
52
24
•■'"
■
preferred
—i*
Viewers Ltd common.—
*
cumulative
7%
Jun
Feb
26
106
__
cumulative
Canadian
Jan
29%
Mar
100% 100%
100
Feb
Jan
105
450
24%
JW,
61
15%
Southam Press
10%. 10%
32%
23%
com
._——
21%
440
24%
3%
A
of Canada
650
106
Saguenay
common——
18%
12
*
Lawrence
61
18
Jan
24
16%
I25
Regent Knitting preferred
Rolland Paper _______—
61
102% 103
61
common
101
21
—.—
.66
100;if|ly
Jan
23% Jan
15
3%
65
-r-
Canadian Power & Paper Inv com——•
Feb
29
24
Niagara Wire Weaving
Canadian
Canadian Marconi Company™.
_
40%
National Breweries common
Jan
Jan
28
common—*
Jun
18%
21%
33
.—100
105
Apr
21%
113
11%
13% July
7% Jan
27%
31%
28
11%
Jun
323/4 Mar
33
—
May
16%
Jan
113
;__1G0
Jan
Jan
16!
16%
International Petroleum
Jan
7% Feb
24%
350.
25
_____—_*
Common
Preferred
Jan
102
455
Jun
Canadian International Inv Trust Ltd—
Jun
13% May
1,660
32
*
Paper common
610
32%
21%
12%'
10%
25%
:
3
Jun
62%
170.,
100% July
70
24%
15
,
5%
101% July :
July
31
3%
65
»
B
17
24%
3%
_____—100
class
Jan
131
■
,July
105% May
123/e July
1
:S$4, J^h
Mar
144
930
>
44
'10
31
Dominion
Industries Ltd
700
■
o
High
2% Mar
2,520
V,
4
10%
24.
preferred —100 /
Canadian Ingersol Rand—
.*'"v;c_
r Jun '
13 3/4
&
10%
*
7%
Jan
*;• 25
4
Ltd——*
Company common—,—___.
Canadian
July
16% May
Jan
28%
9
_*
c
*
Jun
50c
Pfiper class B
__
Jun
11
_j__100
Power &
■
Sugar
—-—J*';
253/4
Canada Malting Co Ltd-—*—■'__•:
Canada Northern Pow Corp 7% pfd_100
106
Canada Vinegars Ltd—_—_—*
Canadian Dredge & Dock Co Ltd!
•
Canadian General Investments Ltd__*
18% July k
Jun
79%
4ye
r.i
Range Since January 1
Low
17
Preferred
111
'
12
5
——
oli.''
•ViO-'i
Shares
43/fe
Canada
Jun
25
Jan
iey» July
for Week
High
59%
162
Brown
Jun
27%
5
163
"n%
of Canada
29 y2
Jan
ft-OVi-'
Range
4%
British Columbia Packers
Jun
80
27
105% 105%
—
Apr
May
•;tt.
57%
British American Oil Co Ltd
Jun
Jan
30
27
101% 101%
Ottawa Electric Rwys—
17% Jun
Sales
of Prices
57%
Brewers & Distillers of Vancouver Ltd-5
Jun
70
30
——-
27
649
160
Preferred
Jun
13% -13%
page
16%
210
160
Jun
13
10%
27
—
see
890
Paper common—.—*
preferred.—___—100
preferred—___100
cum
Bathurst
Jun
34
10%
10%
24
—
22% July
21% July
19% Jun
18%
Acadia & Atlantic Sugar common—___*
Jan
13
*
1
•
Oil
Jan
19%
Low
cumulative
7%
Jun
38
150
■
56%
*
—
—
Jan
19
29
Week's
Sale Price
Power &
6%
'
Jun
33%
57
——_*
Preferred
14
18% Mar
18
Last
May
lis
25
footnotes
125
450
283/4
283/4
Por
Jun
Preferred
For
25
213/4
-19
10
—_—
STOCKS-
Jun
13%
—£1
Canada
.10
17
22%
21%
21%
Friday
Jun
17%
—
preferred
16%
22%
—10
<
Jun
13%
*
—
Jdn
t
July
:V
8%
29%
—
Breweries
10
^.10
Nova Scotia
Feb
Apr
36
27%
130
35
International Bronze common
Southern
90
50
8%
Industrial Acceptance Corp common..*
Simpsons
23
27%
27%'
of Canada—
Sherwin Williams
49% Feb
—
____.
July
23% Feb
27% Mar
23
130
*
Preferred
Sicks'
49%
Canadian Funds
Imperial Oil Ltd
—.
_*
Imperial Tobacco of Canada common_5
St
$10,000
Jun
Bay Mining
Quebec
49%
Jun
_____
5% preferred
Provincial Transport
49%
July
'
& Power 3s_1949
172
Hollinger Gold Mines
Howard Smith Paper common—
Power Corp
Jan
Jan
——-—
Ltd
29
160
.
10%
Development
28 % Mar
65
Gypsum, Lime& Alabastine
Bridge
—.
Penmans
5
172
General Steel Wares common—
Placer
28%
171
—*-
Car
28%
Jun
Gatineau Power common
Ottawa
May
14y4
*
Class B
Preferred
27
59
English Electric class A
National
Feb
32
Dryden Paper
Breweries
26%
Jan
—.100
Molson's
25Q
Apr
Dominion Tar & Chemical common...*
Montreal
26%
26%
Mar
Dominion Glass preferred...—
100
Dominion Steel & Coal class B___—25
;
Jun
26%
II25
"
—v
10
Steel
—
28
28
common..
(Robert)
Jan
46
35
McColl-Frontenac
23
355
Preferred
Massey-Harris
91
200
230
*
25
Dominion Textile common
14% Jun
Jan
273/4
Feb
40
Ltd
Jan
•27%
July
..25
Preferred
6%
.»!_*.
2,305
Bridge
Coal preferred
Lake of the Woods Milling
75
13%
_
Utilities
Jan
10
53
♦
Smelting—
International Nickel of
193%
1,280
Apr
88
Royal
'
Preferred
385
12
-8ft
21%
11%
U%
,n■
—
preferred'
51% July
41% Jun :
38%
Hamilton
22
20 y4 May
22
Jun
30 %
Distillers Seagrams common
Preferred
17
*
preferred
preferred
22% July
Jan
12%
:__—
5%%
Apr
18
51
Consumers Glass
Foundation Co.
21
250
30
.100
Canadian Locomotive
Kootenay Power
110
20
13
Cockshutt Plow
Mitchell
990
27%
Canadian Pacific Railway
Electrolux Corp
22 3%
51
8
Stores
78 y»
30
Class B
Foundries &
Mar
.25
..25
International
Jan
45%
100
—
Dairies
70
Montreal Curb Market
Ind Alcohol common
International
7%
16%
————
Dominion
20
*
1%
Dominion
75%
._100
:
Montreal
Jun
40
—,
Crown Cork & Seal Co
6%
Dominion
Jun
15%
;;
.
common
Consolidated Mining &
common.
__________
Commerce
July
27
20
45%
16%
Foundry common..
Cottons
July
75%
10% July
17% Jun
—50
Preferred
Hudson
13
J27
Jan
50
10%
Jan
Jan
.
6
25
9%
119%
515
12%
127
63
20
Imperial
12%
Mar
Banks
22% July
25
Mar
58
common
\i "Bonds—
'!
Montreal Light Heat
Jun
11
18%
16
—
preferred
Preferred
May
520
123
Canadian Fairbanks preferred
5%
2
375
23
.East
200
25
15
25
Jun
5I.4; "
Canadian Celanese
.
3%
July
15%
—_.
Canadian Car &
Dominion
25
172
22%
12%
Canadian Bronze common..
Dominion
17%
Feb
Jun
15%
—
-.
preferred -—!—:
Dominion
161
18
22%
Canadian Breweries common
:
14% Jan
195
Jan
63
26% Jun
Mar
15%
—
Canadian
20
.
High
12%
63
75%
com.
common
5% preferred
/
Low
65
63
!___
14
22
Zellers Ltd
Jun
Range Since January 1
High
22%
(George)
Preferred
,
Shares
14
Ltd
"Winnipeg Electric
July
55%
22%
Porgings class A
Canada Northern Power Corp——
Canada Steamship common...!—
Preferred
Apr
54% July
13
50
..*
Preferred
Canadian
54%
20
—*
.
Canada
New
Jun
3%
Canada Cement common—
Preferred
Jun
105%
1,484
m_*
Building Products class A—.
;
127%
17%
Bruck Silk Mills
5%
19
Jan
Jan
14
26%
American Bank Note—
British Col
Jan
Jan
94%
170
18
25%
________
Trac
Wilslls
100%
50
,
54%
25%
Bathurst Power & Paper Class A
Weston
May
138
105%
17
...—
14% Mar
23
for Week
Low
—
Preferred
Jan
160
118-
105
-
20
10
15%
%
114
114
pfd__ 100
Amalgamated Electric Corp..
—-•*
Anglo Canadian Telephone pfd
50
Asbestos Corp
...—.—*
Bell
15
15%
*
of Canada 5%
Co
>
Jan
9%
175
23
common
Wabasso Cotton
i._;
Walker Gooderham & Worts
Range Since January 1
Low
High
Shares
13
—*
*
Aluminium
;
for Week
,
High
Acme Glove Works Ltd common__—_•
Agnew-Surpass Shoe common.
Viau Biscuit
Sales
Ranee
of Prices
;
Por
Sales
of Prices
Sale Price
Week's
,
Last
Sale Price
if
Funds
Friday > Week's
Last
Range
STOCKS—
"*
-
STOCKS—
Jan
8% July
.
22%
|gar
10?;' Jin
112 iJfily
30c,;'Apr
9% July
21%
Jun
200
33/4 Feb
7
July
6
105
4
Jan
8
Feb
10
121
8
Jan
110
17
Jan
11 y4
Jan
;
ENDING JULY 27
WEEK
FOR
RANGE
MARKETS
LISTED
CANADIAN
Monday, August 6, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
602
Last
Range
High
Low
High
Low
Par
Lingman Lake
Macdonald
Stocks
Mining
Leaufor
Bouscadtllac
Jun
60c
Jun
6c
Jan
27c
May
6c
Jan
18c
54c
May
Yellowknife
Quebec
4c
Jan
35c
37c
7,600
33c
Jun
60c
Jun
26c
26c
100
10c
Jan
45c
May
26V2
Jan
29
52c
Apr
7.00 May
——1
Ltd
—Stadacona Mines 1944 Ltd—
1.10 July
1.75 May
Standard Gold Mines
23
26j/2
3.15
3.25
1,700
1.10
1.10
1.10
300
30c
46c
'31c
35c
34J/2C 36c
4,100
2014 c
Apr
6414c
7c
7c
6,000
2Ve.c
Jan
1314 c May
65c
63c
68c
4,650
7%c
Jan
1.50 May
13c
12c
13c
1,100
7c
Jan
2.45
Jan
46c
900
5
5
1
15,200
July
Jan
1.79 May
July
39 %c July
1.19
21c
7.500
10c
2,300
Jan
25c
2lc
22c
11,000
15c
Jun
35c
Jun
70C
68c
72c
4,000
65c
Jan
90c
May
68c
€8 .Vic 70c
6,843
60c
Mar
43c
8,000
43c
10c
—
46c
2.40
2.25
2.30
Cons Mines Ltd
Sullivan
July
40c
Ltd—
Mines
Gold
Siscoe
2,000
.
3934c
5.90 July
Feb
43 c
Red Crest Gold Mines
Rochette Gold Mines——.—
Jun
1.51
35c
18,500
6c
1.05
1.00 May
Jan
3.80
3.10
Jan
Stocks
Oil
Oil
Home
Co
Pacalta
3.75
Oils Co
250
3.85
4.25 Mar
12c
13c
9,500
414c Jan
18c
ID/a
11'/2
1,000
HVi July
ID/a July
Homestead Oil & Gas Ltd
Jun
5.15
3.75
—'*
——1
Ltd———*—4———*
Ltd
Apr
28c
Talcott
tifying daily to the Secretary
cable transfers in the different countries of the
of the Treasury the buying rate for
record for the week just passed:
-
<
General
6.%
July 27
■
Argentina, peso—
York
bond
.297733*
.297733*
.297733*
.297733*
.251247*
Free
.297733*
.251247*
.251247*
.251247*
.251247*
.251247*
.060602*
.060602*
.051802*
.060602*
.060602*
.060002*
.051802*
.051802*
,051802*
.051802*
.909090
.909090
.909090
.909090
.909090
.905859
.906093
.905156
.902578
.901875
.902656
.569800*
.569800*
.909090
.909090
.909090
<
.900000';
.899375
3.223000
3.224000
3.223666
3.222000
4.005000
4.005000
4.005000
4.005000
4,005000
.
.561250*
.561250*
.658300*
.658300*
.561250+
.658300*
.561250*
.561250*
.561250*
—
and Issue—
1
-.
1965
due
and
stocks called for redemption,
common
OF
Aug 30
•
346
Long Beach Gas Co. 1st mtge. 5s dated 1916——Aug
Ohio Power Co. 6%
debenture bonds due 2024——Aug
6
" *
8
356
Southern Ice Co.,
PARTIAL
bonds due 1946_Aug
*
9
REDEMPTION
Date
''
Page
345
Sep 15
1st mtge. 20-yr.
—-
—
—
Bamberger RR. gen. mtge. bonds due 1956
—
Canada Cement Co., Ltd. 1st mtge. 4I/4s, ser. A
Canadian Utilities. Ltd., 1st mtge. 5s. ser. A—
-Sep
Sep
1
Sep
451
*
■ •
1
1
1
Sep
131
1st mtge. 4s, ser. A,
due
1965
—
Sep
1
Chicago & Western Indiana RR., 1st & ref. mtge. 4V4s,
Ser. D, due 1962————.
—;■
„
Sep
1
Cleveland Union Terminals Co.—
:
1
1st mtge. 5Vz % s.f. gold bonds, series A
_Oct
1
1st mtge. 5%
s.f. gold bonds, series B
——Oct
1
1st mtge. 4V2% ,s.f. gold bonds, series C
.—Oct
1
Empire District Electric Co. 1st mtge. 3V2s due 1969—Spe
1
General Acceptance Corp. 5%
conv. debentures——Sep
1
Gorham, Inc., $3 preferred stock—
——
-Aug 15
Clinchfield & Ohio Ry.,
244
—
Hartford Electric Light Co.
2lA%
debs,
due
1971—
Hygrade Food Products Corp. 1st & ref. mtge. conv.
G% bonds, series A and series B, due 1949
Illinois Power & Light Corp. 30-yr. 5 Vz % debenture
1957——_——
$2553
v
v
132
132
132
*
456
247
458
1
Sep
Oct
/
1
•
135
355
1
1
1
1
>
Niagara Falls Power Co. 1st & ref. mtge. 3 Vis due 1966_Sep
Paton Mfg. Co., Ltd., 1st mortgage 4 Vis, due 1956
Sep
1
1
*
$2337
1
♦
gen.
.
461
*
Pennsylvania Gas & Electric Co. 1st lien & ref. mtge.
A
5Vi%
bonds—
_
Pennsylvania Water & Power Co. ref. mtge. & collat.
trust 3 lA % bonds due 1964
—
20-yr. s.f.
25-yr. s.f.
Sep
& Fibre Co. 6% preferred stock—Aug
collat. tr. 6% bonds due 1951-Sep
-----—,—i-—-Sep
Corrugated Paper, Box Co., Ltd. 7% pfd. stock——-Sep
Crane Co. 5%
preferred stock
Aug
Cuban Telep. Co. 5% 1st mtge. conv. bonds due 1951—Jan
Sep
1
Sep
1
*
1
1
1
•
'*
•
•
504
*
1
1st mtge. 3V2s due 1964_Aug 20
Western Auto Supply Co. 3y4% debs, due 1955
1
Sep
1
Washington Water Power Co.
Sep
1
Corp., 5%
Ltd. 4%
Mills
Burlington
Oil
Cos.,
•
ENTIRE ISSUES CALLED
Champion Paper
due
Dow
1951
Chemical
2lAr/o
10-year
Edison
and serial
2'/4%
Co.
due
debentures
Brothers
5%
& Teleg.
Arkansas & Memphis Ry. &
& 6%
Page
deb. bds. due 1951-Sep
1
5%
Inc.
Stores,
2-
stocks-
pfd.
-J.
';
Elliott
Co., 5'/2% preferred stock
Empire Sheet & Tin Plate Co. 1st mtge.
due
1948
——
Aug 13
1
*
cities
shows
the
following
changes
principal
for
the
-
declined
$53,000,000 and other loans for the same pur- ^
declined $134,000,000, both largely in New York
6% conv. preferred
and 6%
conv.
preferred series A stock
Aug 15
Louisville & Nashville RR. 1st & ref. mtge. 3%s, ser. E,
due 2003
—Oct
1
—
Electric
Manila
4% bonds due 1960
Co.
ref.
1st
mtge.
Maple Leaf Milling Co., Ltd. 5'/2%
& Cold Storage Co.
Micromattc
Hone
Corp.,
due
5s
Shares Corp.
Plan
—-Sep
1946
series
6%
1
352
352
'46
*
7
352
Pure
Oil
Eastern
Co.
Borrowings
conv.
Aug 29
Oct
1
stock—Aug 31
pfd.
247
due
St.
1947
-
133
Car
—
Co.
3%
Bell
Tel.
Southern
130
of reporting
Co.
458
$2787
460
common
5.60%
3.V4s,
249
250
dealers
for
U. S. Government
'
1,613
185
—
1,051
Obligations guaranteed by U. S. Government
—
725
+'■'
6
+
153
532
—
+
41
+
2,129
+
69
+
5,778
8
'
-
banks
+
9
+
323
+
86
+
1,035
Time deposits
11
+
2,254
Demand deposits-adjusted.
500
615
—
.
.
3,201
—
84
Standard
Oil
Co.
(Ohio)
4y4%
23A%
conv.
debs, due
pfd.
stock
26
—
Liabilities-
8,681
9,485
3,937
+
1,811
+
.
185
+
832
175
—327
*
1,069
demand
deposit accounts
+
16
+
234
Foreign banks.
Borrowings
to
+
44
+
14,219
Domestic banks.
Debits
+ 588
—593
37,440
U. S. Government depositsInterbank deposits:
+
85
+
1953—Sep
1
Interbank
Sep
4
during'
and
U.
S.
Gov't
155
except
'
(New Jersey)
19
—1,908
43
accounts,
13,956
:
52
—
+
2
22
567
Balances with domestic
395
1
;i
9,796
—
Cash in vault
499
Aug 25
296
25,156
U. S. bonds
1
1962_Oct
585
:
9,632
.—Oct 31
due
—
10,603
-
12
+
1.913
Treasury notes
Aug 15
Aug 29
1
—*
1,485
■
2
—
90
Loans to banks
Treasury bills
Treasury certificates of indebtedness
Reserve with Federal Reserve Banks
1950————
+
:■'/+■
398
Real estate loans
Other securities————
1
+
—134
2,043
obligations
464
Sep
+
6
+
Other loans for purchasing or carrying:
stock—Aug 16
1948
53
—
905
1969—Aug 20
Spicer Mfg. Co. $2 series A preferred stock
Oil Co.
.
+
25
—
1,465
obligations
due
debs,
■
6,788
pur¬
Other securities
pfd.
debs, due 1952—.
3!/4%
and
394
bonds—
Co.
brokers
251
395
Teleg.
to
Other loans
$2560
$313
1
mtge.
5,903
Aug 15
stock
4y2s due
—195
+
agricultural
Other securities
13
1
1st mtge.
and
loans
137
461
1st mtge. 5s, ser. A,
—Sep
Inc.
industrial,
—141
13,340
Commercial,
Loans
s
$
63,853
;
Loans—total
460
1944
1945
$
Loans and investments—total
July 26,
July 18,
1945
Assets—
stock—————Oct
debentures due
&
Increase (+) or
Decrease (—) Since
July 25,
1st & ref. mtge. 4^3 due 1960-Oct
—
1st
(In millions of dollars;
353
457
395
preferred
Machinery Co.,
Louis
A summary of the assets and liabilities
U. S. Government
pfd.
conv.
1st mtge.
Quincy Electric Light & Power Co.
Read
weekly reporting member banks in¬
of
creased $85,000,000.
352
chasing or carrying:
1st mtge. 6y2s
6to
Inc.,
Line
Pipe
Telep. Corp.
6%
$28,000,000 each in the Cleveland and Dallas districts.
secured convertible
O'Connor, Moffatt & Co<, class AA
Pennsylvania
Deposits credited to domestic banks declined in' Bll
districts, the principal decreases being $113,000,000 in
New York City, $37,000,000 in the Chicago District, and
1947—
due
A,
Automotive Fibres.
Panhandle
-
.
clined in all districts.
1
Sep
1
stk.__Sep
1
National Candy Co., Inc., 1st and 2nd pfd. stocks—.Aug 15
New York,
Chicago & St. Louis RR., ref. mtge. 4y2s
Ser. C, due 1978
——
—
Sep
1
Toledo St. Louis & West. RR., 1st mtge. ds, due 1950_Oct
1
bonds,
$69,000,000.
was
deposits adjusted increased $312,000,000 in
New York City, $86,000,000 in the Chicago District, $79,000,000 in the San Francisco District, and $588,000,000 at
all reporting member banks.
Time deposits increased
$44,000,000.
United States Government deposits de¬
1st (closed)
cumul.
5%
Jan. 1,'46
—
bonds
mtge.
Merchants Ice
districts, and the total increase
Oct
Empire Steel Corp., 1st mtge. 6% conv. bonds, due I948_0ct
Co. $7 preferred stock
Oct
General Outdoor Advertising Co. class "A" stock
—Oct
Hamilton Watch Co. 6%
preferred stock
Sep
Hecht Co. 4»/4% preferred stock———
Aug 20
Unified mtge.
Holdings of Treasury bills showed substantial changes
a number of districts, but the net change was a de¬
of only $22,000,000.
Holdings of Treasury certi¬
ficates of indebtedness declined $43,000,000.
Holdings
of Treasury notes increased $36,000,000 in the New York
District outside of New York City, and declined $22,000,000 in the Philadelphia District; the net increase at
all reporting member banks was $41,000,000.
Holdings
of United States Government bonds increased in most
in
member banks follows:
Fuller Brush
Bridge Co. 1st mtge.
Sep
244
6s
conv.
—
Standard
1950_j.
*
debs, due 1961_Oct
Co. Vk%
5s, due 1964
1950
due
debs,
1946-1950
due
debentures
Skelly Oil Co.
Date
Company and Issue—'
American Telephone
debens., series A and B—Aug
Consolidated Title Corp.
:
Schenley Distillers Corp. 4 %
American Locker Co., Inc.
452
1
—
Portland Gen, Elec. Co.
Sep
Inc. 5 % preferred stock—
—Oct
Schenley Distillers Corp. 4% debens. due 1952
Sep
Schulco Co., Inc. guaranteed 6% bonds, ser. A due 1958_Sep
Walworth Co. 1st mtge. 4s due 1955—
Oct
Safeway Stores,
———Aug
preferred stock—
Aug
1
6
31
27
1
1
1
18
1,
1952
National
.
—Sep
—
mtge.
Morris
Maritime Elec. Co., Ltd. 4V2%
series
r''[#
•
Demand
International Metal Industries, Ltd.
mtge. 5 Vis due 1956—Oct
1st mtge, bonds due 1956_Oct
National Oil Products Co. 3V4% debs, due 1955 & 1957_Sep
Electric Co., Ltd.
2% bonds, ser. G, due I960—Aug 24
3 lA% bonds, ser. H, due 1965 Aug 24
1st mtge. conv. 6 Vis
452
Steel Corp.—
mtge.
Serial
Issue—
/
5% preferred stock
3'4% bonds, series E,
Corp.
$2782
Canadian
351
*
preferred stock
Inc.—
Southern Ice & Util. Co. 1st mtg. 6%
347
——.—Aug 15
due
451
Sep 27
5Vz%
347
Aug 15
—
Buffalo General Laundries Corp.
352
& Co.
serial bonds, due 1945
5% sinking fund bonds, due 1952~——Aug 15
Sugar Refineries Ltd. 15-yr. 1st mtge. 4s due
Bethlehem
Page
134
130
■
Cons.
Georgia, Southern &
stock——Jan. 1, '40
—Dec
■
Cons.
9
16
Florida Ry., 5% debs, dated 1924—Oct 1
347
451
—
1951
in
Compania Salitrera De Tarapaca Y Antofagasta bonds_Aug
Curtis Publishing Co. 3%
debentures due 1955—
Aug
1
1
Dec
1st mortgage
Atlantic
TENDER
and Issue—
Date V.
Appalachian Power Co. 6% gold deb. ser. A, due 2024_Aupg 8
Baumann (Ludwig)
Brooklyn Bldg. 1st mtge. fee 6s__Aug 9
E.)
•
2%
1st mortgage
called under sinking fund provisions.
indicates the redemption or last date for mak¬
due
'
crease
.
Atlanta, Birmingham & Coast RR. 5% pfd.
'
Page
4s, ser. A,
1st mtge.
—
—
Atlantic Co.—
Date
'
v
,
Arkansas-Missouri Power Corp.
bonds, notes,
Company
bonds
-
The condition statement of weekly reporting member
of the Federal Reserve System in 101 leading
pose
NOTICES
Maritime
'
■:r'«
ing tenders, and the page number gives %the location
which the details were given in the "Chronicle."
Carolina,
,
.658300*
.658300*
those
1964
" ;900208
.902500
.658300*
Below will be found a list of corporate
due
.909090
3.223000
.
Co.
♦
•
banks
3^20582°:
.903333
Atchison, Topeka & Santa Fe Ry.—
4% convertible bonds due 1955—
Convertible bonds due 1960
&
1
;
,205820
.909090
Redemption Calls and Sinking Fund
Stores
—Oct
161.
Commercial, industrial, and agricultural loans declined
$25,000,000.
Loans to brokers and dealers for purchasing or carrying United States Government obligations
.205820
Company
Company and
$ In Volume
f
.205820
•Nominal rate.
Armour
preferred stock
issue.
$593,000,000 in United States Government deposits, and
$327,000,000 in deposits credited to domestic banks, and
an increase of $588,000,000 in demand deposits adjusted.
3.980000
Controlled
Allied
this
Condition Statement of Member Banks
.909090
3.223000
poundAfrica, pound-
Union of South
(Walter
396
—Aug 13
——
♦Announcement in
.301215
.205820
-
Uruguay, peso—
Heller
1960
Youngstown Sheet & Tube Co.
.301215
ft
.301215
.903333
The date
• \'f.
290
54
week ended July 25: Decreases of $195,000,000 in loans,
.301215
.909090
preferred
/
1
—Sep
1946—•
.020189
.301215
-
including
July 1, '47 $2490
Sep 15
; ; 53
series A, due 2022
4.027656
.205820
(British;, rupee
Noncontrolled™
•
4.029375
.301215.
Official
-:
.020189
Mexico, peso
Newfoundland, dollar—
New Zealand,
.
4.030000
4.028750
4.028750
4.028437
sterling
France, franc—.—4-———
India
.569800*
.569800*
.569800*
.569800*
1
k
3.209120
3.210800
3.211116
—
«mgiand, pound
*
Dec
D——
!
of
.
.060602*
Colombia, peso
series
1
—
,051802*
Official
Canada, dollarOfficial
bonds,
-
3.210116
3.210116
3.210116
Australia, pound—
Brazil, cruzeiro-
due
ctfs.
Oil Co.
due
'
$
.297733*
Official
5%
mtge.
Light Co.—
&
396
-Oct
i
Youngstown Sheet & Tube Co. 1st mtge. ZVts, ser.' D,
Aug. 2
Aug. 1
July 31
July 30
//V: a
July 28
/
mtge.
California, 3% debentures, due 1959—Aug 15
United States Leather Co. 7: prior preference stock
Oct
1
in United States Money
Value
Country and Monetary Unit
& ref.
stock
5% bonds,
—
gold debenture bonds,
4'/o
-
Buying Rate for Cable Transfers in New
gen.
C—
ref.
&
Texas Power
Union
Noon
and
B
Page
Aug 20
preference
Tilo Roofing Co., Inc., $1.40 preferred stock
Trinity Court Bldg. (Burda Holding Corp.) 1st mtge.
UNDEB TARIFF ACT OF 1930
FEDERAL RESERVE BANK TO TREASURY
JULY 27, 1945 TO AUG. 2, 1945, INCLUSIVE
EXCHANGE RATES CERTIFIED BY
Pacific Ry.
&
Texas
Act of 1930, the Federal Reserve Bank is now cer¬
of Section 522 of the Tariff
Pursuant to the requirements
'V'.''.T'V
May
Date
bVi%
Inc.
(James),
series
FOREIGN
Apr
Apr
Foreign Exchange Rates
v
Apr
Apr
600.
page
We give below a
Apr
1,50
2,100
Company and Issue—
world.
Apr
Jun
44c
Feb
4.75
1,900
Jun
3.80
Jan
2.25
July
1.70 July
30c
July
10c
4,600
5.90 :
1.51
-1
—
27c
3.15
5.75
•
26c
—1
Co Ltd
Dredging Ltd
Perron Gold Mines Ltd—;
1
1
—
Cons Gold
Puto
~5.90
„1
25c
300
32c
46c
July
1.55 July
1,625
2.95
32c
24'/2 May
Jan
46c
5,400
30c
2.90
2.90
._1
2oe
26 >/2
1.55
18
1,000
1.70
30c
May
1
Labrador Mining & Explor
footnotes see
35c
500
1
Gold Mines Ltd
Joiiet-Quebec Mines Ltd
Kirkland Gold Rand Ltd
For
1,700
2,000
-1
Ltd——
Gold Mines Ltd.
Cadallic
37c
1
Mines.,
ITeva Cadillac
J-M Consolidated
Pandora
15c
ioy2c lOVaC
Century Mining Corp Ltd————1'
Dome Mines Ltd———
East Sullivan Mines—
1
Formaque Gold Mines———
CJoidora Mines Ltd
—
O'Brien Gold Mines
Apr
37c
15c.
1
Gold Mines
Centremaque
Apr
51c
4,400
24c
37c
1
-1
Cartier-Malartic Gold Mines Ltd--—1
Central Cadillac Gold Mines Ltd
1
Mines
—
Gold Mines Ltd
Gold
Eonville
79c'
Jan
8c
23c
22c
Low
125
46c
20c
Range Since January 1
Low
No.
High
,'s. Shares
20%
1.65
-1
Mines
Feb
37l/2c
200
50c
50c
1
—1
Limited...
—
Gold Mines Ltd—-—
Aubelle Mines
20 Vi
.
—
Calumet
New
*
20 '/2
46c
._1
Ltd
Shore Mines
Lake
1
Range Since January
Shares
of Prices
Sale Price
STOCKS—
Range
of Prices
High
Sale*
for Week
Week'®
for Week
Last
Montreal Curb Market
Friday
Sales
Week's
Friday
Sale Price
STOCKS—
1
'•
4
Volume
rHE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
162
604
Week Ended July 28
1945
THE COURSE OF BANK CLEARINGS
$
Third Federal Reserve
clearings this week will show an increase compared with a year ago.
Bank
for all cities
will
Chester—
for the week ended Friday of 18.4%.
At this center there is a gain
for the week follows:
.
1,620,862
$
+ 10.3
1,803,217
556,954
415,738
1,390,479
1,347,236
6.0
829,484
—
607,507
—10.1
1,705,845
1,727,231
3.4
611,000,000
526,000,000
+ 10.5
2,330,095
2,010,298
621,000,000
+
2,079,045
2,229,154
1,882,204
2,572,686
—13.4
2,393,080
""II
1,726,176
2,002,083
—13.8
1,764,194
1,755,896
1,963,538
1,494,273
+
2,091,158
5,807,800
3,978,500
+ 46.0
1,827,180
4,217,200
659,787,121
637,421,941
3.5
628,014,511
545,918,611
.
Jersey—Trenton
Total
.
1942
$
~~~
York
New
714,979
642,000,000
Wilkes-Barre
Our comparative
(
2.
i
Scranton
.V-.
1943
—25.4
604,246
1,369,753
672,369
_
Reading
Our preliminary
,
.
Philadelphia
$11,450,009,905, against $10,128,409,918 for the same week in 1944.
total stands at
summary
corresponding week last year.
those for the
above
13.1
be
666,212
1,021,965
Bethlehem
Lancaster.:
Inc. or
Dec. %
District—Philadelphia-
Pennsylvania—Altoona
telegraphic advices from the chief
country, indicate that for the week ended Saturday, Aug. 4, clearings
of the United States from which it is possible to obtain weekly clearings
Preliminary figures compiled by us, based upon
cities of the
1944
_
(10 cities)..
31.4
+
,
2,094,947
3,652,200
I
Clearings—Returns by Telegraph
'
•'
New York
$5,646,155,751
p 390,572,481
403,882,045
530,000,000
504,000,000
314,945,532
—
Philadelphia—
r
Boston
:
:
-
272,379,870
-
+
-
Kansas City—
,
-
-
-
-
-
Chicago—:
;
Fourth Federal Reserve
1944
$4,769,807,047
1945
Week Ending Aug. 4—
St. Louis——
+ 5.2
+15.6
Columbus
145,000,000
234,882,000
203,487,252
226,086,439
/
Cleveland
181,922,722
Baltimore
139,199,612
137,216,362
$8,014,852,291
$7,041,627,240
-I
-
V' jTen cities, five days—
Other
V .:
f.
—
Total
.1
'■
<
West
1,432,049,895
$8,473,677,135
1,908,334,984
; 1,654,732,783
Virginia—Huntington
ends Saturday and
[
.
South
/
we
of
the foregoing will appear
We cannot furnish them today, in as much as the week
ended
final and complete results for the week previous—the
increase of X8.2t%, the aggregate; of
having amounted to $f0,560,194,236 against $8,933,-
this city) the totals
expansion of; 32.4%, in the Boston Reserve District of 8.4% and in the
Philadelphia Reserve District of 3.5%.
In the Cleveland Reserve District the totals
record a decline of 0.1%, but in the Richmond Reserve District the totals register
appears
that in the New York District (including
an
ah improvement of 10.3% and in the Atlanta Reserve District of 5.0%. The Chicago
Reserve District suffers a loss of 4.9%,. but the St. Louis Reserve District enjoys
a
Minneapolis Reserve District of 7.1%. ; In the Kansas City
totals are larger by 9.0% and in the Dallas Reserve District
gain of 1.6 % and the
Reserve District
by 2.9%, but in
the
the San Francisco Reserve
Federal
Week Ended July 28—
$
New
3d
"
10
"
659,787,121
7
2d
"
606,177,425
291,897,271
379,625,319
580,405,610
286,161,481
Philadelphia
4th
YorkI
Cleveland
6
"
——
10
"
—
-17
"
4
"
7
10
"
"
6
"
10
"
-
5th Richmond
6th Atlanta
7tb Chicago
Louis—
8th St.
9th
Minneapolis
City
10th Kansas
11th Dallas
—;
i*
Francisco
12th San
Inc. or
1943
Dee. %
203,454,205
318,642,375
150,556,919
497,273,810
Outside New York City
8,933,953,793
4,416,728,565
10,560,194,230
4,572,276,976
—111 cities
—
detailed statement showing the
We now add our
week ended July 28 for
6,138,000
58,246,766
+ 17.2
+32.4
+ 3.5
— 0.1
+10.3
+ 5.0
— 4.9
+ 1.6
+ 7.1
+ 9.0
+ 2.9
—
1.0
1,955,741
139,058,241
115,437,792
30,611,878
29,017,859
291,897,271
264,634,361
+10.3
245,903,648
211,656,075
9,802,151
33,901,067
130,200,000
+15.6
+18.2
6.8
— 1.8
—16.1
+ 4.6
— 7.5
—10.0
— 2.8
+ 5.7
7,595,405
32,238,898
109,100,000
1,986,142
• 1,800,000
J 40,612,637
35,759,853
4,112,650
184,784
80,611,928
37,052,288
101,300,000
1,691,678
1,500,000
27,277,334
31,825,795
4,098,425
140,802
59,998,060
5.0
314,002,297
11,330,700
139,100,000
:
1,823,610
2,241,208
2,174,143
44,236,692
Alabama—Birmingham
50,784,373
3,845,263
84,032,542
54,894,240
4,274,357
174,400
79,489,403
379,625,319
361,387,661
2,201,853
Mobile
Mississippi—Vicksburg
Total
—
Reserve District—Atlanta-
46,275,825
169,493
Orleans
(10 cities)
+
+
5,479,078
273,863,460
'
■'
4. -'
>
,
■
Seventh Federal
Reserve
District—Chicago557,912
632,805
5,244,035
3,036,608
Michigan—Ann Arbor
428,105
5,078,654
3,525,632
Terre Haute
Wisconsin—Milwaukee
+ 11.4
4,275,341
2,925,420
—29.0
2,602,585
8.0
2,849,377
2,715,180
30,563,000
0.2
30,375,000
25,985,818
3,478,082
10,439,189
Bend—
4,707,458
3,066,197
Indianapolis
7,243,999
32,924,091
¥ 1,837,521
30,904,137
Iowa—Cedar Rapids
1,805,456
Moines
35,031,044
Des
-
747,257
50,490,000
Rapids
Lansing
Indiana—Fort Wayne
South
'i:
—11.8
3,159,942
Grand
-
15,385,090
+
—
—11.8
2,925,969
2,136,621
3,371,7426,657,862
+ 44.1
7,288,960
6.1
27,260,884
1.7
1,574,976
1,419,753
2.3
12,581,365
12,890,086
+ 26.6
6,088,839
—
—
—
27,891,889
1
Sioux City
5,908,105
7,478,458
Decatur
5,241,665
—17.5
427,144
440,594
6.1
434,920,856
381,960,297
7.7
1,289,617
1,505,724
478,412
580,062
456,527,265
Illinois—Bloomington
Chicago
486,214,000
1,704,172
—22.5
—
Peoria
5,946,432
1,581,884
7,674,937
4,879,294
4,870,707
Rockford
1942
*
$
330,277,025
4,689,534,343
3,549,481,974
628,014,511
545,918,611
572,403,873
488,947,430
245,903,643..; 211,656,075
314,002,297
: 273,863,460
544,815,250
485,380,737
247,813,612
212,965,328
185,240,943
146,155,255
301,289,907
223,569,544
112,831,385 ^102,085,051
464,849,933
389,497,519
+ 8.4
3.2
+ 62.8
40,061,660
Louisiana—New
1,931,407
1,769,371
34,289,970
2,155,186
2,557,581
—15.7
1,956,462
2,533,806
2,381,165
1,870,577
+ 27.3
2,153,336
1,619,925
4.9
544,815,250
485,380,737
1.1
131,000,000
+ 10.7
154,500,000
61,490,162
30,914,350
■■■909,100
1.6
247,813,612
212,965,328
.«•
—
r,
(17 cities)
610,359,953'
580,405,610
+
—
Eighth Federal Reserve District—St. Louis—
Missouri—St. Louis..——
175,600,000
72,279,733
Total
38,187,565
1,077,344
973,000
286,161,481
cities)
(4
177,600,000
37,204,404
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy__
281,646,891
64,886,326
—
+ 11.4
2.6
—
+
56,683,488
24,565,840
716,000
,
f,
V*
,
,
Ninth
Federal Reserve District—Minneapolis-
4,430,963
3,783,881
140,697,104
133,759,744
47,444,744
42,156,900
3,094,958
Minnesota—Duluth
Minneapolis
...
* St. Paul—
;
....
+18.2
+ 3.5
8,676,489,751
4,158;326,667
6,959,798,002
3,533,283,082
.
figures for each city for the
four years.
4,569,777
3,906,960
5.2
127,001,023
44,971,632
96,103,517
+ 12.5
+
37,501,251
Dakota—Aberdeen
Montana—Billings
3,027,184
+
2.2
2,943,249
2,838,914
1,757,656
Dakota—Fargo..
South
Total
+ 17.1
1,509,172
+ 16.5
1,440,529
1,155,512
1,447,293
North
1,220,867
+ 18.5
825,973
832,057
(7 cities)
—
-
.
203,454,205
.
; 4,435,348
+
3.3
3,488,760
3,817,044
189,893,116
4,581,487
Helena
Total
6,300,000
66,893,296
Springfield
$
369,790,049
368,822,757
4,672,619,733
637,421,941
606,093,210
264,634,361
361,387,661-.
610,359,953
281,646,891
189,893,116
292,414,653
146,362,259
502,297,258
399,626,762
6,186,585,938
12 Cities
-
-
—
$
v
12
Boston
2.3
+ 14.3
153,690,373
Macon
Districts:
1944
.1945
#
Districts
Reserve
Federal
884,251
1,084,492
+ 42.6
+
2,073,201
Augusta
Total
1st
2,284,554
148,801,087
55,821,349
(6 cities)
*
SUMMARY OF BANK CLEARINGS
,
1,082,824
5,857,000
67,944,823
1,543,957
Florida—Jacksonville
District the totals are smaller by 1.0%.
furnish a summary by Federal Reserve
In the following we
488,947,430
Nashville
the cities according to the Federal Reserve Districts ih which they are located and
from this it
572,403,873
—
5,993,000
Georgia—Atlanta
953,793 in the same week in 1944. Outside of this city there Was a gain of 3.5%,
the bank clearings at this center having recorded an increase of 32.6%.
We group
show
0.1
Tennessee—Knoxville
week
For that week there was an.
July; 28.-
clearings for the whole country
606,093,210
—
77,664,677
Columbia—Washington-
Total
going to press.
of the week in all cases has to be estimated.
detailed statement, however, which we present further below,
able to give the
are
210,472,952
Carolina—Charleston
District
the Saturday figures are not available at time of
!ln the elaborate
232,915,624
...
Maryland—Baltimore
+ 12.6
Accordingly, in the above the last day
*
7.3
:
+13.1
i
'
issue of next week.
2,710,810
271,549,743
606,177,425
Richmond
Complete and exact details for the week covered by
our
2,984,736
+15.3
$11,450,009,905 $10,128,409,918
Totkl all cities for week——
in
13,759,900
-1,858,099
+ 23.2
Virginia—Norfolk
+ 13.8
+ 6.6
1,526,822,630
+
*•
•
+ 14.5
3,053,927
251,689,676
(7 cities)
Sixth
V-
-
11,350,700
16,015,400
2,336,512
+ 12.0
2,674,452
3,763,318
Fifth Federal Reserve District—Richmond-
1.4
+
$9,541,674,921
All cities, one day
i
+
—.
\ Total aU cities, five days—
■
t
88,940,891
170,503,197
—10.0
—
cities, five days
111,423,449
203,636,183
17,943,600
Pennsylvania—Pittsburgh
8.7
181,669,591 1 +
i
San Francisco
4.9
5.5
+13.5
' 255,224,000
<
■"
;
2,684,426
2,825,882
+
+
3——
^
Youngstown
+13.2
+ 14.2
105,953,511
203,673,766
~~
Mansfield
166,703,886
3,510,351
4,009,632
111,140,593
214,956,154
Cleveland
164,600,000
-
;
-
Cincinnati
3.3
Pittsburgh
">
Ohio—Canton
+18.4
—
188,744,941
*
District—Cleveland-
•<<
+
7.1
185,240,943
146,155,255
I
Tenth Federal Reserve District—Kansas City—
$."
_
Federal Reserve
First
Maine—Bangor
-
Massachusetts—Boston
—
1,309,469
4,012,607
Springfield
2,648,817
i
Connecticut—•Ilartford
New
HavenJ
New
T
(12
Second
18,376,600
Federal Reserve District—New
^Yorip—Albany—
„
368,822,757
—1-
—1-1^
cities)—
553,094
399,626,762
-
6,572,907
16,941,400
556,369
'
—
Hampshire—Manchester—
Total
New
1
Island—Providence.'—
Rhode
13,554,007
7,970,227
-
1
Jamestown-
York—
62,165,000
Rochester
New
Jersey—Montclair
.
t
2,517,686
15,173,838
5,760,901
14,876,800
390,081
.
369,790,049
330,277,025
29,016,147
1,385,816
6,221,993
1,285,740
10,571,976
0.2
+32.6
—
845,349 '
767,575
+ 2.1
9,479,216
8,652,315
7.1
+ 8.2
+ 0.1
6,321,501
6,557,569
312,577
5,938,650
- 4,854,886
389,438
20,923,662
26,672,021
3,549,481,974
+
1.2
34,985,347
35,498,717
—
1.4
24,642,554
34,559,270
6,186,585,938
4,672,619,733
+32.4
4,689,534,343
-
1,022,940
705,409
3,426,514,920
25,095,220
*
.-
46,300,000
.
4,518,163,084
-
397,743
7,259,849
-•
«
.
56,883,685
,
25,389,303
^
I
—.
—
:
cities)
4,976,067
280,228,727
787,757
380,776
780,189
3,608,970
2,267,862
15,836,301
6,345,941.
16,464,300
451,818 ■
6,387,751
6,707,029
- 397,677
5,953,048
Northern New Jersey—,
(12
873,270
4,517,225,228
10,789,134
-Newark—
Total
871,391
.
Connecticut—Stamford—
1942
795,243
,
4,379,074
+ 5.4
5,987,917,260
;
Syracuse
155,000
3,233,462
72,093,395
63,489,007
3,349,818
3,724,409
68,082,312
2,018,251
Kansas—Topeka
9.9
119,201
49,011,851
2,569,224
2,246,847
+ 14.6
6,822,112
+
7.6
212,410,130
5,264,240
157,777,139
+
6.5
5,596,395
4,064,357
+ 25.0
912,889
854,079
—
9,039,588
7,891,292
206,596,258
833,338
888,964
794,160
+ 11.9
665,309
852,368
318,642,375
Missouri—Kansas
City
St. Joseph
Colorado—Colorado
Springs
292,414,653
9.0
301,289,907
223,569,544
Pueblo
Total
13.6
+
128,799
222,197,984
6,088,797
1,041,813
Wichita
953,195
+ 2.p
966,351
«,
——
,
660.637 ;
3,190,406
318,068,494
850,284
321,737
.
+ 8.4
63.903.000
.
Elmira
New
+21.3+ 8.5;
+ 0.6'
1,018,487
Buffalo,—:
378,328
+ 16.5
(10 cities)
5,717,891
+
r
■
Eleventh Federal Reserve District—Dallas—
•-./.
•.
'■
'
'< '
i '
-
'
<
•'-.v.-
V h:r
;
+
3.1
2,135,999
1,763,865
+
3.4
90,094,953
83,731,729
8.7
12,636,757
9,345,311
3,073,000
+ 20.9
1,867,000
2,064,000
1,509,594
+ 16.8
1,222,867
1,094,230
5,355,613
4,826,537
+ 11.0
4,873,809
4,085,916
150,556,919
146,362,259
+
2.9
112,831,385
102,085,051
+
11.4
123,144,000
2,352,868
119,101,000
14,153,242
15,499,260
Galveston
3,714,000
Wichita Falls
1,763,737
2,426,327
Texas—Austin
Dallas
-
Fort Worth
Louisiana—Shreveport.:
Total
-
—■•■yjf:::
(6 cities)
Twelfth Federal
1,440,013
■
+ 16.3
—11.7
3,289,461
Hastings
.
$^
Dec- \
5,322,583.+776.8
1,408,931 + 2.2-
46,661,363
—.
1
^
,
York—
'
Binghamton
„
1943
Inc. or
658,511 +29.1
3,059,314 —15.8
318,916,123 + 8.6
850,254 +18.2
346,061 +11.0
1,094,584 +19.6
/>' 3,739,916 + 7.3
2,520,820 + 5.1
13,569,770 — 0.1
384,159
v
-
Bedford
Worcester
28
J
850,127
2,575,633
346,383,652
1,005,095
-
—-
LoweH-J—J—
New
5
,
-
-
-
Fall'River
1944
-
-
Ended July
District—Boston—
Portland-
144,276
309,152
3,832,715
Omaha
1945
Clearings at—
167,785
273,083
Lincoln
Nebraska—Fremont
Week
—
Reserve District—San Francisco—
Washington—Seattle
97,706,497
87,698,518
2,742,156
2,230,408
65,764,486
25,067,003
8,934,279
4,587,696
295,870,000
6,004,160
2,007,850
4,132,858
*
Yakima
r
Oregon—Portland
Utah—Salt Lake
—
City
California—Long Beach
Pasadena
San
66,541,413
24,118,102
7,019,674
4,628,140
Francisco
281,934,000
San Jose
6,250,089
Santa
2,033,739
Barbara
Stockton
Total
•4,300,000
(10 cities)
Grand Total
(111 cities)-
Outside New York
•Estimated.
-
+ 22.9
+
1.2
—
3.8
85,174,517
1,871,135
72,456,244
+
1.3
27,644,546
9,073,547
3,351,487
255,869,000
3,857,293
1,301,235
+
4.0
4,250,929
—21.4
+
0.9
—
4.7
+
4.1
73,299,593
1,211,175
59,854,133
21,373;445
5,345,930
2,347,844
218,326,000
3,210,520
3,457,248
1,071,631
497,273,810
502,297,258
1.0
464,849,933
389,497,519
10,560,194,236
8,933,953,793
+
18.2
8,676,489,751
6,959,798,002
4,572,270,976
4,416,728,565
+
3.5
4,158,326,667
3,533.283,083
—
Bareco
Combined
Reserve Banks
Common
Decrease
Increase ( + ) or
1,
1«45
* Aug.
ailCti
229,587
+
21,488
Discounts and advancesIndustrial loans—,———
399,200
3,089
+169,777
+
141
purchased*—.:
V:;47Jf
Total reserves
—-—
Other cash
Accent"nees
'.a',
securities:
0.8. Govt,
r*
+
+
12,000
+
—
Other assets——*
6~0i2
+
22,555
+
~
91,446
+
1,769,210
33,965
50'
~
+146,682
Foreign—————
1,103,996
428,416
■
Other—
—
161,781
+
84,156
24,573
+
—
+
17,609
+
Total deposits
Deferred availability Items——
17,070,712
1,485,207
+
+
8,306
+
+
-
44.5%
+
.6%
—
259
—
9-
1
8-15
Alcohol
25c
8-10
7-31
20c
8-10
7-31
1
7-20
10.8%
Company
Coal
Textile
Cos.
——i ;
common.
Gonic Mfg. Co., common ($100 par)—..
Richmond Lace Works ($100 par)..
Drill
& Machine
Co.
($100 par)
Kenworthy Bros. Co.
Longwood Towers, preferred
.....
($10 par)——.
Southern Corp., common temp.
Commonwealth
&
ctf.;
Commonwealth
172
tr.
■
.
War.
par);
$40,000
Southern
&
War.
40
International
B
1935
>
.
Then
we
Morse
&
9-
9-25
99-
1
(quar.)
When
Allied
Laboratories,
Altorfer
Bros.
Company
la.;!......:
—
Co.,
Refractories
Union
American Hair & Felt Co.
t%
1st preferred
25c
$4.25
30c
6%
10-15
$1,75
10-. 1
12 (6 c
10-
1
Co,
(quar.)
(quar.)
10-
1
__
$1.50 :
IO- l
4(6%
(bi-monthly)
75c
'
Foundries
Mills
Atlanta
& West
:
Atlas
1
10-10
$1.75
9-29
9-19
Okonite
9-
I
8-21
Pacific
9-12
8-28
Pennsylvania
$1
9-15
9-
preferred
Pharmacal
Scotia
Power
Co.
Ohio
State
1
Life
Company
Industries
Fire
9-
'
10-15
9-15
8-31
9-14
:
....
9- 1
$15c
Mulliken
$2.50
37(6c
25c.
—
I.
75C
.8- 1
"
7- 25
;
9-
1
8-10
9-10
8-20
8%c
45c
90c
37(6c
,
/
5c
Valley
75C
9-10'
Potomac Electric Power
8-15
1
6%
8-15
6%
1
8-10
5%
10-20
10-. 6
8-15
8-15
-
8- 7
-
.
8-15
1
8-25
10-
.
9-14*
1
5%
preferred
9-15
8-28
Republic
9-
1
8-17
Robbins
9-
1
•8-17 '
9-
1
'8-17
9-
1
8-15
9-
1
8-15
9-
t
preferred
I
"8-15
$1.50
class
Insurance
St
8-21
7-24
8-10
150c
9-
1
8-15
$1.37(6
9-
1
8-17
8-10
8-15
8-
1
A
of
D
(quar.),.
Manufacturing
Co.,
(quar.)
'
-''
*—
50c
9-12
35c
10-15
9-24
90c
10c
5c
;
Inc.
8-17
8-8
9-15
8-31
8-15
8- 8
8-
7-24
>
'
Class
•
——-—
—_
—% 25%
20c
1
8-15
:
7-31
8-15
9-15
8-25
11-
1
8-31
10-
1
8-10
$2
10-
1
$1.75
8-
1
8-
1
7-26
9-7
8-21 >
9- 1
8-15
1
8-15
8-15
7-30
25o
8-15
7-30
——.—$3.50
8-15
7-30'
—
(s-a)
$1.37(6
V-
9-10
1
9-10
9-
1
8-15
9-
5 % '
1
8-15
30c
8-25
8-10
75C
9-15
9-
9-
1
8-15
$1.50
9-
1
8-15
8-2
6-15
50c
"9-20
9-11
37(6c
9-
1
8-15.'
50c
9-
1
8-15
25c
10-
1
9-15
;
(quar.)
Investment
8-15
8-
1
9-
y$1.05
110c
8-
1
1
20c
class A___
9-11
9-1
IOC
Corp."———-
9-14
8-1$
9-15
9-1
9-15
8-31
9-.1
8-15
8-24
8-13
50C
50C
—„——
.
"
X
5
39 (6c
(quar.)
;
?/
participating
35c
new com.
1
8-15
12-
1
11-15
-
9-15
8-20
$$1.50
10-15
9-20
9-12
9-17
8-27
50c
5-12
8-30
$i
25c
11-
1
10-15
9-15
8-31
(quar.)
(quar.)
60c
9-
4
9-
4
—
43c
9-
1
8-18
50c
(initial quar.)
pfd.
9-.3
75c
71c
$2 pfd.
Stromberg-Carlson Co. 6(6%
8-31
9-
3iy4c
—
Inc.
35c
9-15
-
37(66
(quar0_—
*
Sterling Drug, Inc.
2o.<
15c
'
..
preferred
preferred
-■
259
-
Stott Brlquett Co.,
.
.
$1.25
.
""
75c
Cora,
1
10-
(accum.)
*—
15c
$1.50
^
9-10
10-
(quar.)—
Southern Pacific Co. (quar.)
Squibb (E. R.) & Sons, common*————
$4 preferred
*-'
'
——
Standard Oil Co. of Ohio,, common
4(4 % preferred
7-24
10c
-
1
'
Southern Natural Gas Co
-
9-17
-
(quar.)— *
9-20
"9-20
10-
$1.25
Texas
—
'
—
8-15
10-15
25c
Southern California Edison CO., Ltd.—
6% preferred B (quar.)—
Southern Canada Power Co., Ltd.—
6%
1
25C
V
(Wm.)
Common
8-29
9-14
;
8-1
9-
Inc.—
Brewery- (quar.)„—
Sivyer Steel Castings Co.,**—
Solar Aircraft Co—*,—*
'
Southeastern Greyhound Lines, Inc. com.__
*
$1.25
95c
10c
25c
$1
;
B
8-15
International
Signal Oil & Gas Co.
Simon
1
t75c
—
partic pfd, (quar.)——
Inc. (increased)
b.)
8-15
9-
'
62(6c
Whitehall RR. Co.
Ltd. 4%
8-28
10-15
(quar.)„
—
(R.
V
—
i
&
Canadian
9-
$ $ 1.50
Rolls-Royce;. Ltd.—t
^
American deposit rets (final)
Roos Bros., Inc. (quar.)'—
:
ROXy Theatre, Inc., $1.50 pfd. (quar.)—
Rubinstein (Helena), Inc., common——
8-20
9-10
8-io;
1
—
9-10
8-20
$1.37(6
preferred
series
8-20
9-
Rochester Gas St Electric Corp.—
5% preferred series E (quar.)
preferred
$•
9-21
1
9-
1
(quar.)
A
Co.
Myers, Inc,— "
participating
9-
10-15
8-14
(quar.)
Semler
(s-a),—:
10-
$1
$1.50
com.
2nd- preferred
(quar.)
Public Service Co. of Indiana,
Common
(quar.)
8-15*
•
1st
Sheller
*7%. preferred
9-15
25C
5%
8-20
(quar,)———
———
1
6y4C
Inc.,
30c
;
Textbook .Co.-—-
Extra
9-15
10-
Co.—
Co.,
8-15
Merchants Fire Assurance Corp.,
of
$1
Car
6
1
10c
preferred (quar.)—
participating preferred (quar.)
Steel
8-
10-
$1.75
1st
Pressed
8-21
8-11
$1
:
preferred
(quar.)
5(6%
preferred (quar.)
Power Corp. of Canada, Ltd.—
8-31
8-31
15c
6%
Class
Corp., common—i.
—J—-j—
preferred class A (quar.)_—
$5.50 preferred class B (quar.)
8-29
8-31
Co
8-15
8-15
50c
u.
Wine
8
25c
Pleasant
•
6%
1
7-17'
25c
1
25c
25c
; $1
$1
37(6c
Mead
9-
1
$1.50
9-
1
8-21
7-25
8-
—
9-15
1
8-15
8-
1
40c
5
9-
9-15
7
8-
Photo
9-
9-10
9-
15c
pfd. (quar.)
9-
$1.25
common—
Corp. (quar.)-——
Taylor (quar.)
Mallory Hat Co. 7% preferred
Marsh Wall Products, Ltd.:
8-11
$1.12(6
//•
(quar.)
Corp
12(6c
&
1
Co. 6%
preferred (quar.)
Brewing Co
Philadelphia Co. 5% preferred (s-a)
Second
Lord
8-15
8-10
9-
$-1.25
9-27
Lionel
8-10
,
9-1
8-14
9-14
9-10
Pfaudler
Rutland
——————
8-15
9-29
$1.25
Pettibone
8-14
(stock dividend)
8-15
1
(quar.)
com.
Engravers & Electrotypers, Ltd. (s-a)
Pittsburgh Steel Co. 5(6% pr. pfd. (accum.)
Lanett-Bleachery & Dye Works
Life & Casualty Insurance Co. of Tennessee—
9" 1
1
9-
4
8-29
(quar.)
8-20
8-14
Kysor Heater Co. (quar.)
Lane-Wells
Co.
(quar.)
9-14
50 c
60c
Co.
Power,
8-20
'
Kansas-City Stock Yards Co. of Maine—
5%
preferred
(quar.);———:
Keystone Custodian Funds Ser: K-l (irreg.)
8-15
9-
—
——
&
50c
25c
Jersey Insurance Co. of New York,(s-a),
& Johnspn (s-a)__
K. W. Battery Co., Inc. (quar.)
T-30
9-15
Water
preferred (quar.)___.
Peoples Drug Stares, Inc
Pfeoples Gas Light & Coke Co.
6%
Department* Stores,
9-10
$1
—
4
Johnson
5
8-10
—
Insurance
9-29
preferred
9-10
1
$1.50
<quar.)_—
(quar.)_
(quar.)
9-29
6%
Co.
8-
(quar.)'; ——
;—tlOc
preferred (s-a)—- 3%
Interstate
1
9-15
Insurance
20c
preferred (quar.)—
partic; preferred '(quar.) —
Co.,
9-
1
10-
25c
$5
Co,—
Products
1
10-
$$1.50
8-15
Lighting & Power Co. (quar.)
& Refining Co, (quar.)———
International
8-18
35c
(quar.)
4(6% preferred
1
Oil
Steel
10-
Light & Power Co., Ltd.— <
preferred
1
9-
"
15C
1
9-
3
75c
Co
9-
25c
$1.50
50c
25c
3
71%c
(increased)
9-15
,
8-
for
13%c
——
3
8-25
/
87 J/2C
9-
1
8-
—
(quar.)
9-
9-
8-25
$1
6%
Indiana
Electric
&
Perkins Machine & Gear Co. 7%
9-
8-
(quar.)
preferred
Common
8-18
$1.12 Va
...
Powder Co.*_
8-
/
Gas
8-15
1
3
8-25
5c
(stock div.)
common
8-20
9-15
8-
50c
1
9-13
3
8-25
Shares
9-1
9-
8-
—
$4
Olin
35c
$1.06(4
3
8-25
7C
Pfelffer
Hytron Radio & Electron—
Imperial Tobacco Cd. of Canada, Ltd.—
"
10c:
Atlas Tack Corp. (increased)
Bankers & Shippers Insurance CO;
New York (quar.)
1
9-
20c
;
a
C.V
non-cumr.
Humble
8-14*"
1
9-
9-1
,
RR
Refining Co....
Corp., common6% preferred (quar.)
Atlas
9-
$1.50
(quar.)l
'Atlantic
•
.*
$2
25c
20c
,
Point
10-15
non-cumulative
Houston
8-30
•
1
(irreg.)
Corp.
6%
—
'Anglo-Canadian Telephone—
Class A (quar,).
:
Artloom
9-12
20c
•
Pulley Co
Rolling Mill Co., common...
convertible preferred (quar.)—.
Steel
Nova
$1.10
8-
10c
Fund——
.Norwalk Tire & Rubber Co., com.
.
Metal
Duck
(A.
7%
9-20
American
American
Horn
9-20
*
1
8-11
Ohio
——
—
Co.,
Pacific
share
One
8-15
(quar.)—
3
8-25
3c
15c
$4140 pfd.
3
8-
3
$1.75
common—
8-
8-25
20c
-—
American
8-16
62f2c
Co.,
8-25
3
1
35c
3
:
10c
7-31
8-30
(quar.)
8-
8-17
Norwich
——-
3
8-25
>
lOe
*100 shares held (Subject to ap¬
proval by the SEC)
—
6% preferred (quar.).————
5%%
preferred (quar.j—
Northeastern Water Co.
$2 pfd.
(s-aj
'
...
8-
'
3
8^15
;
3
8-25
9C
8-
1
40c
3
8-
8-25
9-
11.12(6
8-
8-25
3
7%
9-
8-25
8-
8-11
25c
3
8c
8-
1
$2.75
8-
8-25
9-
—
3
3
8-25
8-25
8-11
9-
88-
•
19c
9-11
15c
8-25
8-25
10c
8-15
$1.50
3
7c
lie
Industry Series
————
Industry Series
1
—
8-
8-
15c
(quar.)
3
8-25
8-25
9-30
.
3
; 8-
7c
7c
8-25
50c
8-
8-25
'every
4
9<
8-
8-25
6C
9-
preferred
i' - 6% '
9-20
$1.50
•
8-25
*
Series—
25c
Rubber
Co,
(quar.)
Heyden Chemical Corp., common (quar.)
4%
preferred class A (quar.) ——„
4% preferred class B (quar.)_
Hobart Manufacturing Co., class A (quar.)
9-15
—„_™,
6
8-
-
*
5c
6c
—:—
Industry
Equip.
60c
Hewitt
9-29
Indemnity Co.
Co., Ltd., common........
preferred (quar.) ——
Anehor
9
20C
•American
•
8-15
(quar.)—
Hart-Carter Co. $2 preferred (quar.)—
Hawaiian Pineapple Co., Ltd.,
(irreg.)
Hazel-Atlas
Glass ' Ca.
(quar.)
...
7-26
American
Co.
9-15
$1.31
8-
8-25
IOC
————
Nonquitt Mills
7-24
1
3
i.
•
5c
—
Speculative
8-15
—;
preferred
Common
9-13
8-2
g% convertible* preferred (quar.)
'American Home Products Corp. (monthly)
'American News
8-
10-1
-
common........
(quar,)
American Hide & Leather Co.—
6%
; *8-15
15C
t
American
8-
25c
3
Industry Series^
Diversified
8-15
50c
8-—
10c
—
Investment
North
3
—
Diversified
8-11
1
Harbison-Walker Refractories Co.—
7-31
75c
-
$6 2nd preferred (quar.)—
,
9-
8-
—
Series
9-10
30c
3
8-25
—„_————_
Series
Railroad
6
8-
5c
1
8-
3
8-
8-25
6c
Tobacco
8-16
(irreg.)..
Co.
Co.
Hajoca Corp.
Hanna (M. A.)
of Rep.-
8-15
Steel
8-10
10-
3
8-
8-25
11c
Extra
7
8-25
Series—
——
1
50c
cojnmon———-—
Gulf States Utilities Co.
Bolden
Payable
,
25c
;
Ino...
$3
preferred (quar.)_
American Asphalt Roof Corp. (quar.)
American Can Co, 7%- preferred (quar.).
,
25c
.
.
(quar.)
CO.
Share
'
(Irreg.)
Extra
8-10
9-29
————
8-10
9-
8c
—
Utility
1
$1
—-—
-
Industries
Grand
industrial and Miscellaneous Companies
Per
Public
9-
10-31
$3
1
3
; "
-
-
1
25c
—
37(6c
7-27
8-
1
15C
Series
9-
35c
8-10
8-10
Series
Series
Industry
9-
75C.
8-20
—
10-
75c
(quar.).
9-
7c
Extra
8-31*
9-15
56 (4 c
—
(quar.).—-.
Manufacturing Co.
Gossard
(H. W.) Co
second table to
a
Oil
1
9-15
V
:
Extra
7
—
.
8-15
9-
9-15
75C
$1.27(6
i__„—_—
Industry
25c
Co
Co.
Co.
Gorham
ord ot past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
declared.
The dividends announced this week are:
:
:
Name of
1
(reduced)
Gas
General
follow with
8-31
25C
50C
—*
Railroad
preferred (quar.)—.
Bottlers, Inc.—
55c convertible preferred (quar.)
show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
Co.
8-10
Stock
Merchandising
General
we
Kid
9-15
25c
4(6%
$500 lot
1
9-28
——
preferred (quar.)—
Fort Pitt Bridge' Works—
Fort Wayne & Jackson RR. Co.—
5(6 % preferred (s-a)._
——
Fruehauf Trailer Co., common
(quar.)
grouped in two separate tables.
In the
bring together all the dividends announced the
Allied
9-
20c
—
$4
6s,
April 26,
are
Acme Wire .Co,
9-24
93%c
Corp,
Rubber
&
Natural
Flintkote
mtg.
8-15
10c
Series*.
Extra
Metals
Light & Traction $6 pfd. (quar.)..
Fenton United Cleaning & Dyeing Co.—
7% preferred' (quar.)
...
;
—
First State Pawners Society
(quar.)
Fitzsimmons & Connell Dredge & Dock Co.—
DIVIDENDS
which
Machinery
9-15
40C
(quar.)
General
we
8-11
1
10-
15C
Federal
$425 lot
......
_________
current week.
8-24
Quarterly
Corp.,
...
first
Insurance
43%C
Fajardo Sugar Co. of Porto Rico
Palstaff Brewing. Corp. (quar.)
for
Dividends
8-15
25C
Hose
Paso
Extra
-
$21,495.17, July 2, 1935 for $1,500, July
31, 1935 for $1,000, and Sept. 5, 1935 for $500 all
payable to Herbert M. -Plimpton and signed by
Boston Metropolitan Airport, Inc...
V
1
Industries,
Fairbanks
Corp.
Utilities
Boston Metropolitan Airport, Inc., ref.
Sept. I, 1957 reg.
Demand notes dated
<■
9-
Corp.
Electric
El
170 Wickwire Spencer Steel Co., common
(old); 1,000 Gulfport Oil & Refining Co.
cents par); 100 Pettijohn Pure Products Co.
(10
($1
8-10
120c
Corp. (Ind.) (quar.)
Inc. $2 pfd. (quar.)..
.J
———
—
Dresser Industries, Inc.
(quar.)
——Eastern Equities Corp.
(liquidating)
ctf.
class
■
8-10
Manufacturing
Dravo
;
1
Co.
common
8-10
8-24
preferred
Dodge
9
1
Building Supply Industry SeriesBusiness Equip. Industry Series———
Chemical Industry
Series—
—
Electrical Equip. Industry Series—
;
Food
Industry
Series———:
9-
>$(6c
Motors
1
7
9-
Industry* Series———
Industry Series
Aviation Industry Series—™*—*—*
50C
Co
Biscuit
Co.,
9-
:
7
8-
8-15
1
—
Stock
8-
*
9-
Dist.
&
8-3
-
$1.75
—
50c
;—
(quar.).
—
Light Co., common
4%
preferred
(quar.)
Delaware Rayon Co., class A—
Detroit Gasket & Mfg. Co. 6% pfd. (quar.)
%
8-27
Corp.—
preferred (quar.)
New York Stocks, Inc.—
Agricultural Industry Series
25 c
preferred
(quar.)
Publishing Co. $4 prior pfd,
&
7%
common;
•
87(6c
*
Company, common (quar.)
3%% preferred (quar.)—
Crown Cork & Seal Co., Inc.—
325
40
96
5%
.....
8-27
$1
(quar.)
5.10%
Bank
8-
pfd.
State Electric & Gas
York
New
"
.
$2
Crane
$ per share
STOCKS
352 52-80
(quar.)
Corp.
preferred
7%
& Co., Boston on Wednes¬
8-17
8-13
■
—-—-
Extra
$1.50:,
6%
Co.
Power
7%
Ohio
Clinchfield
$1.00 lot
$2.00 lot
7-31
1
Automobile
dividend series
guaranteed (quar.)———
Special Guaranteed (quar.)
—
on
7-31
8-15
9-
$1.50
9-10
7%
day, Aug. 1:
Chares'
.
9-10
Domestic
Transacted by R. L. Day
—r—---
-
1
4% preferred (sra)
Cleveland & Pittsburgh RR. Co.—-
$ per Share
Post, Inc., class "A".———...
Parts C/D Chicago Ry., series 2, partic. ctf.__....
—
10-
6,517,664
York
Extra
10- 1
Delaware Power &
<
6
8-15
$1.50
$1.50
(quar.)
Consolidated Edison Co. of N. Y., Inc. (quar.)
Continental Commercial Corp.—
Philadelphia
Lofland,
&
10-15
15c
National Union Fire Insurance Co——
6216c
Cincinnati Inter-Terminal RR; Co.—1
1,249
8-27
11-1
——*—•—
(quar.)--.——————-
preferred
9-10
9-15
$1.75,
IOC
^
9-10
common.
Consolidated Bakeries of Canada, Ltd. (quar.)
+
8-20
l2(6c
9-29
(resumed)
Co.
9-10
Co.,
" 30,207
—
9-
Co.—
I
Continental
STOCKS
74
9-15
Tool
10-
Brewing
452,509
!7-20
7-26
Tea
National
6
10- 1
—
Ltd.
+
8-10*
9-10
15C
$1.50
Commoll,
42,445,809
9-1
16C
$1.75
Columbia
v
8-10*
——
12 (6c
200
+
8-
1
9-
50C
Ltd/ (quar.)
(quar.)
(irreg.) _j
Co.
Power
Maine
" 40,056
+
8-
!
series
stock
jseries
National
preferred (quar.)—-preferred (quar.)*—.:
Chilton
Indus*
Shares
10
Stock
8-24
+
Barnes
Morse Twist
8-15
(quar.)..——
Light St Power, Co.— ?
$6 preferred (quar.).—
—
Chambersburg Engineering Co.————
Wednesday, Aug. 1:
6
Preferred
1
4
6
8-15
9-10
-
$1.50
8-31
Deere
6
8-24
9-
8-
35c
—
8-15
Curtis
'♦
9-15
30c
(quar.)
B
8-31
11.840
5,169
Associated
20c
preferred
6%
6
8-15
8-17
National Securities & Research-
; 8-15
$2.25
5
8-15
1
+
trial loans
23
8-15
9-15
1
60
gold res. to deposit &
F. R. note liabilities combined
31
9-15
110c
1
5%
Ratio of
New
110c
9-
+
3.7598
1
8-
1
$1.06
Cylinder Gas Co., com. (quar.)„
preferred' (quar.)—.
—:
Dairy Products Corp
National Lead Co., common (quar.)
7%* preferred A (quar.)*—
—
8-22
9-
$1
4(4%
9-
+
114,520
Total liabilities & cap. accts..
7/100
9-1
8-21
*
20c
National
10-
Ry.
450,851
+
9-24"
•
25c
Central
6,435,361
1
—
50c
6%
1,390
27,165
10-
10-15
—
Consolidated
14
8-13
2>/2C
Co., Inc. class A (quar.)—
—
i—
171,092
228,153
by
8-24
1
Co
150c
Pacific
B
+
Surplus (Section 7).
Surplus (Section 13b)
Other capital accounts
Transacted
1
9-
93%C
—
10-
,
50C
$1.50
50C
& Coated Paper
.
8-31
preferred (quar.)
Nelsner Bros., Inc. (quar.)————
—
New Amsterdam Casualty Co.
(s-a)
New Bedford Rayon Corp. class A
(Irreg.)
New Britain Gas Light Co. (quar.)
,
make
9-
50c
8-31
1
National
50C
:8-31
MO-
—
7-31
Ltd.
Pood Products,
41,904,879
Capital Accounts—
Capital paid in.
to
Nashua-Gummed
,
Total liabilities.
Commitments
8-15
9-U
i,
1.
10r 1,
10.*
(quar.)
1
"
103,455
252
'
8-25
< 8-25
t$1.75
$1.75
——:
8-15
8-15
0-10
J
50c
tbbVzC
(quar.)
9-20
50C
i—
preferred
10-
$6
2,154,883
+
64,944
Other liabs., inch accrd. divs.—
+
238,973
8-11
7%
162«/aC
7%
88,829
r
9-1
Munslngwear, Inc. —
Muskogee Co. 6% preferred
Nashawena Mills (quar.)
;
Nebraska
Central
1,976,349
417,026
327,321
—
8-10
8-15
Carman &
4,175,633
+
14,860,576
677,724
+
+
9-25
8-25
7-20
1
9-
t $1.75
1
Class
23,340,654
8-10
9-29
7-20
9-1
,
9-
Canadian
Liabilities—
Federal Reserve notes
Deposits:
'Member bank—reserve acct.-.
0.0* Treasurer—gen; acct.—
8-15-
1
7-31
25c'
$1.25
125C
Canadian
6,517,664
+
452,509
+
42,445,809
9-
12»/2C
...
Canadian Fairbanks-Morse Co.,
652
1,718
—
Mills.
Cotton
California
8-
$25
preferred B (quar.)—
——
Morrison Cafeterias Consolladted, Inc.—*
•
50c
Co. (quar.>—
Inc. (irreg.).————
Burdines,
6,812
7%
•
50C
———
7-20
—
—*-r—
40C
—-
Rubber Co. (quar.)..
Roller Bearing Co...---*--——
centrating
77,589
;
—
2,546
—
61,368
■« ■
26
—
110
Total assets.
7,341,043
+
477,108
+
22,279,558
Total loans and securities..
One from foreign banks
p. Br notes of other banks.—
Uncollected Items
Bank premises.
(quar.)—_
30c
Corp......
——
(quar.)
Carpet Mills, Inc—————
Corp., Ltd., common (quar,)——
preferred A (quar.),——i--—— '
Moore
8-15
I-
1*
——-,
—
common
75c
$1.50
Buckeye Pipe Line Co——
——
Bullock Fund, Ltd,
(Irreg.)
Bunker Hill & Sullivan Mining & Con¬
+ 6,985,369
+ 307,215
21,876,794
(incl. guar. sec. J
•
——-
common.
(quar.).
Extra
Total Uv B. Govt, securities
preferred
Co.,
7-31
8-
$1.75
(quar.)—
Central RR. (s-a>
Utilities
8-20
7-20
15c
"
Mohawk
,
8-13
9-10'/
,15c
Brager-Eisenberg, Inc. (quar.)
Bristol-Myers Co., common..——--------3% %
preferred (Initial quar.)
Brown-McLaren Mfg. Co, (quar.)———
Bruck Silk Mills, Ltd. (quar.) ——
3,898,563
2.738,521
578,379
230,094
+
46,500
5%
8-20
$1.25
.
Of Bee.
25c
.
preferred
Missouri
8-20
30c
>.
*
7%
Co.
Bower
248,715
$1.50
8-15
Boston Woven Hose &
*
+
Bonds——
Diamond
8-15
10c
(s-ai
Tobacco Co.,
preferred
Borden
475
./;
+
+
Certificates
Blue
7,812
—
6,120,511
1,697.950
1,112,642
Notes
preferred
6%
-
363,011
+
25
—
50.144
—,
12,945,691
Bills—
Bloch Bros.
—
60,004
Co. of Delaware—
(E, W.)
Bliss
855,240
6%
—■
17,980,565
7%
Michigan
Co.'--r——
Bla w-Knox
247,770
+
13,999
—
659,955
notes—
■ademption fund—P. R-
5%
—1,103,010
46,005
n.320,610
Black
1Q44
1945
8-15
7-20
9-
50C
—l—w-
(quar.)
i
8-1
$3
partic. pfd. (quar.)
Michigan Bakeries; Inc., common_-_-*_=.--;
$1 prior preferred
(quar.)———-——
8-15
1
C. 9-
15c
preferred (quar.)...
—i-—;
Hills Power & Light Co., common...
preferred (quar.)
6%
Aug. 2,
July 25,
:
5c;
common.—
6% preferred (quar.) -—
*
—*-->
6% pfd. (aecum.)
Bigelow-Sanford Carpet Co., Inc.— (
(
(—-) Since
Hold certificates ott hand and
from U. S. Treasury-,—-
Radio Show, Inc.,
Bausch Machine Tool Co.
dollars)
Cla thousands of
.
Baltimore
Bolder*
1
9-
81(4c
Metal Textile Corp. $3.25
6
8-
8-16
25c
OH
When
Share
Name of Company
of Ree.
Payable
1945
Payable
Pit
Uoldert
When
Per
Share
Name of Company
Statement of Condition of the 12 Federal
Monday, August
FINANCIAL CHRONICLE
THE COMMERCIAL &
8-
1
7-20
$1.62(6
9-
1
8-11
Volume 162
THE COMMERCIAL
Number 4409
"
&
FINANCIAL CHRONICLE
When
V
Sun
(quar.)—
20c
25c
25c
——_/
_
Co.' (quar.)'
Southeastern Gas (Initial)...
—
Oil
Texas
.Thompson Products, Inc., common.,;.,.;.::.,,
4%
preferred (quar:)__,.X!--,_--,,<,,:.,''
Tide Water Associated Oil Co. (quar.)—--,
United
U.
S.
U.
S.
9- 7
8- 1
9-10
8-24
25c
50c
Co.
v
8-15
50c
—
10- 1
62 %C
(quar.i—
(quar.)
Steel Corp.,
States
77c
preferred
/
Universal
Insurance
Co.
(quar.)
—
Vanadium-Alloys Steel
Co._
Virginia-Carolina Chemical Corp.—
6%
participating preferred
<accum.)
Vogt Manufacturing Corp. (quar.) _________
Walgreen Co., common
(quar.i.
'
preferred
Warner
&
(quar.)
_____
Co.
Swasey
::——
Washington Railway & Electric Co.,
Participating
5%
units
5%
Wesson Oii
convertible
$4
Western
—
:
Snowdrift Co.,
&
Weston
"Wheatley Mayonnaise Co.
.Whitaker
Paper
Williams
75c
(J.
Co.
8- 1
10-1
8-1.5
8-15
8- 1
9- 1
Corp.—
_
20c
7-31
(Rudolph)
Co._______
/Yates-American Machine Co, common-..-
20c
12V2c
9- 1
10-12
Associates
,'Wurlitzer
Co.
Brothers,
(accum.)....
Park
&
■"Youngstown Sheet & Tube Co.
5Vz'/t
preferred class A
Power
Gas
v
10- 1
5%
Foreign
preferred
Investment
When
6%
25c
preferred
Mfg.
(quar.)
Ltd.
Note
(quar.)
7c,'o
(quar.)
pfd. (quar.)—.,
pfd. (accum.),
Foreign Pr. 6%
(accum.)—
Forging & Socket,
Fork
American
Hoe
&
Co.,
8-15
8-20
8-15
10-2
10- 1
8-15
9-11
9-11
8-30
9-15
9- 1
9-1
9- 1
8-31
10- 1
"i
•*
$$1.25
J85c
' 8-15
8-15
8-15
8- 6
8-31
——
50c
9-15
8-28
$1.75
$1.75
9-15
12-15
9- 5
12- 5
10c
9-29
8-24
$1.75
50c
50c
9- 1
8-15
8-31
8-8
10- 2
9- 1
9- 1
8-21
8-3
,
67o
preferred
Co.
Meter
5c
•
K Common
7%
(quar.)———
American Re-Insurance (N. Y.)
s
preferred
(quar.)—-
American
Smelting & Refining Co. com
American Stove Co. (quar.)
'
Sugar Refining, lc/c
American
American
Tobacco,
common
Class
(quar.)
30c
$1.75
75c
75c
pfd. (quar.)—
—
B
(quar.)
Anheuser-Busch,
Arden
Farms,
25c
:
$3
$1.50
$1.50
25c
$15c
$1
common
Extra
-
preferred
participating
Participating
Arkansas
Natural
Armour & Co.
Gas
(111.)—
8('o
'
7%
•
(quar.),
(quar.)
Atchison
Topeka
&
Santa
—.
Ry.,
Fe
Atlanta Birmingham & Coast 5%
Aunor Gold Mines, Ltd. (quar.)
Autocar
Co,
Automatic
Baldwin
series A pfd.
5.%
pfd.
Products-Corp.
Locomotive Works
7%
pfd.
(s-a)
(s-a),
Oil
(quar.)..
Bayuk Cigars, Inc. .(quar.)
Belding Corticelli, Ltd.,
7% preferred (quar.)
common
Belding-Heminway Co. (quar.)—
Belleterre Quebec Mines (Initial),
Bell
&
4%%
Howell
Co.,
preferred
common—,:
(quar.).,.
4$1
,—■/$$1.75
;——
—-
—-
:
v;
20c
' tlOc
12Vic
$1.06VV
8-15
7-31
8-31
;
*
-
8-31
8-31
(initial quar.)
(accum.)
25c
'
::
10-
8-
1
10-
1
20c
8-15
8-
9-
25C
....
Ltd. i
4
8-13
1
11-13
,w
9-
1
9-
1
30c
9-28
9-14
20c
9-28
9-14
12-
25c
1
11- 2
8-15
9-29
8-13
25c
31 y«C
9-
62>/ac
8-20
1
9-
8-20
1
25c
8-28
8-
$1.50
8-15
7-20
$1.25
8-15
7-20
$1.25
8-15
7-20
68%c
8-15
8-
$1
9-10
8-10
8
75C
$15C
$$1.50
Rubber, 4J/2%
Stock
Corp
8-18
7-31*
preferred
preferred
8-15
8-17
"
17 %o
9- 1
8-20
17%o
Kleiser
&
12- 1
n-20
5c
8-15
8-
$2.50
8-10
8- 3
—-—,———
preferred
(s-a)—,
1
8-
0
7-16
0
7-16
8-
9-29
25c
8-15
Industries—
General Baking Co.—
8% preferred (quar.)
General Cigar Co, common
7% preferred (quar.)
General Electric Co, Ltd.—
IOC
—
—
Wood
f Gar
r
7-16
1
HIM
1111 in
8-31
8-15
7-31
8- 8
7-28
(s-a)
Corp,
A
1
9-
1
8-15
Gibralter
9-
1
8-15
Godfrey Realty Corp. (Montreal)
Goebel Brewing Co. (quar.)
Goodall-Sanford
(quar.)—
$6 preferred (accum.)—
General Steel Wares, Ltd, common
9-13
9-15
1
9-15
9-
25C
9-
1
8-15
Graton
25c
9-
1
8-21
Great
Eastern
15C
10-
1
9-15
Great
Lakes
10-
1
9-15
Great
Lakes
7«/2C
Corp
(quar.)—
1
(s-a)
8-15
8-15
8-
1
11-15
11-
I
8-15
8-
1
8-15
8-
1*
8-15
7-17
1
8-15
50c
—
-
&
Dock
9-1
8-25
$1.75
8-15
8-
*■21
8-15
8-15
*
25c
8-15
15 c
9-15
250
9-10
10-
1
9-14
10-
1
0-14
1
•
8-15
5 V2 %
9-
^
9-15
$50c
Extra
25C
$2.25
2Vz%
t50c
43%c
$1.25
v
<
•
:
9-
$2
7-31
8-31
1
1
7-19
8-15
7-16
8-15
8-6
1
8-13
9-29
9-18
$1.75
9-29
9-15
12 %c
8-15
8- 6
12 %c
11-15
,
11- 8
v
$1.12%
37%c
25c
9-15
10-
1
10-10
-
9- 1
9-21
9-30
Stores, Inc.
10-
1
10-
1
9- 7
25C
10-
1
9* 7
9-
1
8-15
$1.25
$5C
4%
6%
.
Watch
Co,
common
preferred (Initial)
—
preferred (quar.)———;——
—
;—,
—
(quar.)——
Harristourg Gas "7% preferred' (quar.)———
Havana Elec. Ac Utii., 6% 1st pfd. (accum.)
Hecht & Co. 4 Yt% preferred—
—
Hercules Powder Co, 69i> pfd. (quar.)-,——
Hammond Instrument 6%
pfd.
(quar.)—
$4 convertible -preferred (quar.)———
Hershey Creamery Co. (quar.)————
Hershey Chocolate Corp., common
Heywood-Wakefleld Co. common (Irreg.) —
5% preferred B (quar.)
"
Hiawatha Oil Ac Gas 5%
pfd. A (quar.)
1
8-19
25c
—
10c
Hamilton
>
4
"V- '
1
25C
(quar.)
(quar.)—.
(quar.),,——
Mines, Ltd. (quar.)
Hamilton Cotton, Ltd
9-
.
9-25
Hallnor
8- 4
8-15
9-
•
Hallicrafters Company
7-30
9-
r
34% C
(quar.)
——
Hale Brothers
8-31
8-20
9-
—
—
preferred
8-17
8-31
f$1.75
convertible
Griggs Cooper & Co, 5% preferred
Gulf Oil Corporation (quar.)
8- 3
1
Copper
3
7-30
9- 7
Griesedieck Western Brewery Co.—
30c
(quar.)
$3
(quar.)
Green
—
jtquar.),
9-15
9-
7-31
1
9-15
30c
9-14
31 V*c
•
8-20
9-
(s-a)
68%C
Crown Drug Co.,
8-14
1
j
'
7-16
9-12
50c
(quar.)
$2
■
8-
8-15
$1.25
Works
Engineering
8-15
$$1
37yac
1
"
Darling Stores Corp., 6% preferred
Decker (Alfred) & Cohn (quar.)
Insurance
Dredge
Cananea
8- 0
5c
:-:<
—
8-15
20c
50c
8-15
8-15
preferred
Knight 7%
Fire
9-
8K
25c
(initial)—
10
:$30c
common—
9- 1
9- 1
&
3
35c
$1.50
$20c
—
(Interim)
Marine Insurance
Goodyear Tire & Rubber, common
$5 preferred (quar.)
Grace National Bank (New York)
(s-a)
9-15
8-0
8-15
$1
4
1
9-9
8-15
$1.50
preferred (quar.)
$4 cum. partic. class A
General Steel Castings Corp.—
&
9-15
$1.50
pfd. (quar.)
6'%
Fire
9- 5
25c
!
4
1
7-31
9- 5
9-15
"
8-
10-
7-27
9-15
37 Vac
8-
10-
8-15
•8-15
25c
preferred (quar.)
$1.50 preferred (quar.)
7% preferred
(quar.),.
9-
10-
11-10
40c
:
1
$1
11-25
50o
—
common
1
$1.12y8
7-24
11-10
;
30C
'Extra on common and class A———
12-24
12-31
7-34
8-30
25c
$1
9-23
9-29
8-14
11-25
7 y2 %
1, j ,g
;
8-14
50c
Corp.
Phoenix
Class
9-14
1
-
40c
I'n
pfd. A (s-a)„—
General Metals
1
1
9-
8-30
[
^
5%
8-
9-15
9-13
$1.75
(final)
registered
Exlra
General Finance Corp.
8- 4
if! •f-.f|
10- 1
r
25c
(quar.)———
9-12*
8-15
.
i
,
.
8-11*
9-
8-14
1
10-
25c
25c
A
(Robert) 6% preferred (quar.)
Company (quar.)
9-11
10-
I
$1.75
-•<
30c
Class
8-25
'
9-
50c
;
preferred B (s-a)
General Foods Corp. (quar.)—
8-15
5
9-
9-10
<
$1.50
—
Press, Inc.—
9- 9
:
40C
Gilchrist Company
Cuneo
8-31
9-1
—
9-15
—
8- 1
8-15
9-20
9-15
Gamewell
(Bait.)—
—
<
9-10
9-15
1
(quar.)
(quar.)
non-cumulative
Gair
Co.—
(s-a)
1
4
$1.12%
(quar.)
pfd.
56 ViC
7% conv. preferred (quar.)
Corp., $5 conv. pfd. (quar.)
Crum & Forater, 8%
preferred (quar.)
Cuban-American Sugar, 7% pfd. (quar.)
Culver As Fort Clinton RE. Co., com. (s-a).
10-
35C
—
9-
Mills
preferred
$$2
15c
9-
25c
Crown Zellerbach
4Va%
8-11
30c
55c
conv.
Extra
8-
8-15
(quar.)
60c
Corrugated Paper Box, Ltd. 7% pfd. (quar.)
Courtaulds, Ltd.—
Ordinary registered (interim)
—
Crown Cork & Seal Co., Ltd. (quar.)
»
Bank
General
America
(resumed)
e-is
8-15
6%
Continental Gas & Electric
r
10- 1
12-18
$$1.50
(quar.)
5%
1
90C
of
$2.50
9-ls1
9-29
12-20
(quar.),—,,,——
Ordinary
(quar.)
Corp.
9-17
1
-$1.25
(accum.)—
(quar.),—.
J.
7-27
8-10
10-
3c
25c
Freeport Sulphur Co. (quar.)
———
7% preferred
——
Fulton Service Corp,, common—*—
,
'
(quar.)
Consolidated Vultee Aircraft Corp.—
Container
'9-21
(Syracuse,
Fuller Brush Co,
'
9-11
52c
pfd. (quar.)
preferred (quar.)
Consumers Gas Co. (Reading, Pa.)
Consumers
Glass, Ltd. (quar.)
10- 5
1
15C
Corp.
25c
Common
N.
of
10-5
10-15
10-15
Foundation Investment—
7-24
87y2C
Extra
$1.25
Insurance Co.
pfd.
B
7%
8-15
Laundries
preferred
$2.75 preferred
6V$t%
Fitzsimmons Stores, Ltd.—*,
8-11
25c
(quar.)
8%
11-16
10-
50c
preferred-
$1.50
Ltd,
8-17
12- 1
$1.25
General Outdoor Advertising 6%
preferred C (quar.).
preferred B (quar.)
9-1
,25c
i;iV;<
—
A
First
8-14
(quar.)
(quar.)
Inc.,
(quar.)—....
8-15
•
Electric
Firestone Tire &
*
$1.25
$5
Stores,
9-14
9-
30c
(quar.)
(quar.)
Class
8- 1*
8-10
12-24
....
4V2 %
Retail
9-14
10-
10c
Corp,
Class
"Foster
(quar.)
Power Co.
(quar.)
Imperial
7-14
$-14
10-
75c
Federal Grain,
9-1
preferred
Consolidated
8-15
$1,50
Quarterly
7%
Corp
Consolidated Paper
(quar.)
Consolidated Press, Ltd., class A
9-
10-
*'
9-21
Utilities
$1.25
8-
8-20
1-2-46
$$1.50
Gas
8-16*
$1.25
$1.37 y2
1
$3.50
preferred i(quar.)
9- 1 '
9-
Federal Fire Insurance Co. of Canada (s-a).
$1.50
...
Consolidated
8-13
—
Federal
12•-»,'
—
Consolidated
7-30
9-17
25c
9-14
9- 1
6c
4Vo
8-4
8-10
32 1/lOc
—
8-15
Federal
$1.25
Common
9- 5
25c
(quar.)
Farmers & Traders Life Insurance
Federal-Mogul
Uc
Power
preferred
preferred
$5
$5
'•
,
3
t'/zC
River
25C
6% preferred (s-a)
Fansteel Metallurgical Corp.—
X :
6
(Del.)——
6%
8- S
;
7>/2c
—
Instrument
&
Brewing
8-
25C
*
Inc.
8-24
(quar.),—
Camera
Falstaff
9-
$1.25
(s-a)—__—...
Co.
46 1/lOc
8-141
8-24
i
mm,
8-24
held
share
for each
48 %c
7-20
8-25
——-
4
common
^preferred
10-15
$1.25
Ltd.
75C
8-11
;
Finance Co. of America at Baltimore—
-
Plow Co.,
1
$1.25
50c
...———
9-
(quar.)
25c
preferred (quar.)
—
6
$25C
1
9-
1
8-
Ltd.
9-28
62 %C
9-
20C
(quar.)M„MM>M,..MMM.'
Fairchild
1
8-10
9-
$1.75
Extra
9-20
:
8-11
1
$1.50
preferred
5%
9-20
8-25
■
•8-25
•
preferred
Eversharp, Inc.,
8-15
75C
Chesapeake Corp. of Va
Chicago Corp. $3 conv, pfd. (quar.)..:
Chicago Great Western, 5% pfd. (accum.)..
8-15 ~
9-15 ■
*
8-16
$1.50
8-1
9-10
$1.'25
8-13
9- 1
$1.12%
...
Co
Consolidated Gas Elec. Lt. & Pow.
8- 3
8-15
8-1
8-15
7-31
7-31
10-1 v
10-1
(quar.)-..
.
Belt
Connecticut
—-
9- 8
9- 1
9-15
20c
t25c
37 Vic '
Co.
(quar.)
Bathurst Power*& Paper, Class A
prior preferred
.9-15
8-15
5%
8-17
1
15c
Connecticut
8-10
8-10
8-10
7-27
8-15
5c
'
,
Barnsdall
common
(quar.),,
Baltimore American Insurance
Extra
9- 1
9- 1 <
9- 1
$1.50
9- 1
$2.50 1-2-46
$5e
8-31
25c
9- 1
10c ' 8-15
$1.05
>9-1 «
10c
8-15
—
8-31
9-
25c
Co.
10-15
5%
-
Certain-teed Products—
$2.20
8-6
9- 1
35c
$1.50
$1.75
(increased)
preferred
preferred
9-10
Products
Central Steel & Wire
Cosmos
$1
Steel
Congoleum-Nairn,
9-10
9-1
9-15
1
75C
9-20
jErie Railroad Co.—*
10-31
Connecticut Light & Power $2.40
8-10
8-10
9-15
25c
10-
11-10
Quarterly
8-10
10-1
1
50c
common
Quarterly
8-10
$1.50
B-
Confederation Life Assn. (Toronto)—
10-22
1-21
9- 5
8-10
8-22
"
B-20
pfd. (quar.)..
Concord Gas (N. H.), 7% pfd. (accum.)—
Conduits National, Ltd. (interim)..
7-27
8-31
1
10- 1
Quarterly
-
.
.prior preferred (accum.)
Armstrong Cork, common (interim)
4%
convertible preferred (quar.)—
Associated Dry Goods Corp.
6%
A
^
Engineers Public Service $5 pfd. (quar.) —_
$5.50 preferred
(quar.)
——
$6 preferred (quar.)
Equity Corp. $3 preferred (accum.),,
8- 1
1
8-15
$1.25
Co.,
&
Commonwealth Telephone
8-10
8-10
.
9-
$25C
$$2
class
Commonwealth Investment
8- 3
9- 1
9- 1
9-23
(quar.)—75c
12Vic
pfd. (accum.),..
15c
$6
Common
9-
10c
50c
—
;
7-31
8-31
7-31
-
7-23
9- 5*
9- 1
9-26
11- 1
1-31-46
9-25
9- 1
9- 7
9- 1
25c
Inc.
8-15
1
1
8-10
Commoil,
American
Zinc, Lead & Smelting Co.—
X Common (first payment since 1917)
Anaconda Copper Mining—
_____
Anchor Post Fence Co., 6'Jo pfd. (quar.)—,
6%
preferred (quar.)
Andes Copper Mining Co
Anglo-Canadian Telephone class A (quar.)
1
10-
$750-
5
40- 1
15c
Ely & Walker Dry Goods (quar.)
Empire District Electric, 5% pfd. (quar.)
Empire Steel (stock dividend)——
Commonwealth International Corp., Ltd.—
American Radiator & Standard Sanitary—
•
10-
8-15
1
10-
$62yac
Colgate-Palmolive-Peet, common (quar.).
New $3.50 preferred (initial quar.)
$4.50 preferred
(quar.).——Colonial Stores, Inc.,
common,
5%
preferred A (quar.)___
Colorado Fuel & Iron Corp. (quar.)
—
Columbia Gas & Electric, 6 % pfd. A (quar.)
Cum. preferred 5% series (quar.),—
5% cum. preference (quar.).
——...
Columbia Pictures Corp.—
$2.75 convertible preferred (quar.).—
Columbian Carbon Co. (quar.)
(Stock dividend),! two additional
shares
8-31
American Paper Goods, 7'h pfd. (quar.)____
7%. preferred «juar.)___
American
•
v
10-
8-15
-8-20
25C
—
8-31
50c
(A. M.)
Cockshutt
8-18
8-18
common—,___
8-24
8-10
8- 8
9-
t$l
Wirebound Boxes
Extra
8-17
8-17
8-15
9- 1
9- 1
Co., Ltd.,
(quar.)
9-20
1
preferred (quar.)—
Clearing Machine (quar.)
—
Climax Molybdenum Co.
(quar.)—..—..
8- 8
' 25c
$1.50
Metal
American
•
8-29
8-15
5%
8-31
-
—
—
7-26
9
7-15
8-
$1.25
(quar.)
Eaton Manufacturing Co. (quar.)
Edison Brothers Stores '5% conv. pfd
>
5 % 'convertible
preferred.
Electrolux Corporation
Electromaster, Inc.
—
Elgin National Watch Co.
Elliott Co. 5Va%
preferred
8-31
;
1
9-10
—
Products'
Steel
Eastern
City Water Co. of Chattanooga—
8- 6
7-26*
9-21*
9-21*
.10- 1
Extra
8-31
1
9-
8-15
(quar.)
preferred (quar.)
preferred (quar.)
Corporation
7%
9-
1
37V2C
;
Eastern
f $3.50
City of New Castle Water Co.—
6% preferred (quar.)—
City of Paris Dry Goods Co.—
7% 2nd preferred (s-a)
7-25
50c
62Vic
75c
$1.50
'• 25c
Corp. $2 pfd, (quar.),,,,
(quar.)
L_,.—
preferred (quar.)
American Ice Co. 6% preferred (irreg.)—American Insurance (Newark, N. J.)
(s-a)„
preferred
$3
6%
7-31
9-12
$200
7-15
1
50C
—
7-31
8-
t20c
8-18
9-
8-
$1.12 y2
(quar.)
East St. Louis & Interurban Water Co.—
9-15
t$1.25
9-15
1
12J/2C
7-31
7-31
7-31
9-
prior pfd.,,
—;
common
8-15
$15c
conv.
——
7-31
,
8-25
Dwight Manufacturing Co
Eagle-Pitcher Lead
(quar.),—
(increased).
Castle
5%
9- 7
9-7
7-25
25c
common
1
9-15
-
25c
(quar.)—.
common
Company
7-31
1
,
8-15*
1
8-15
37y2c
Ltd...
Shoe $1
(W. L.)
preferred
(quar.)
Duquesne Light 5% preferred
8-15
T
9-
$50c
Ltd.—
8-15
'
37y2c
8-15
$300
8-15
62yac
9-1(1
8-15
25C
4Va%
7-31
9-
,
Citizens Utilities
9- 1
12Vic
-
'American General
$2.50
9-15
10- 1
10- 1
8-15
4c
75c
$3
$1.75
$1.25
$1.50
$1.75
(quar.)
9-
8-15
Cincinnati New Orl. & Texas Pac. Ry. Co.—
5% preferred (quar.)
8-10
8-6
9-14*
9-14
8-20
20c
75c
15o
(quar.)
9-15
37%o
(accum.),.
Corp.,
Chicago Yellow Cab (quar.)
Chickasha Cotton Oil (quar.)
Chile Copper Co
7-31
8-17*
10-1
10- 1
9- 1
50c
$7 preferred
American
8- 2
...
' 8-15
20c
Foundry common (irreg.)
preferred
&
8-10
9- 5
9-10
9- 5
9- 1
75c
Co., common
American Export Lines, 5%
American
1
$37yac
6%
7-31
8-31
20c
Shares, Inc
Business
American Can Co.
American Car &
9-
(quar.)—
4'/2% prior preferred
8-15
$1
—
American
9-1
9- 1
10- 1
25c
t$2
t$1-50
common
(quar.)
American Barge Line Co.
•
Dun & Bradstreet
...
Chain
'
preferred
Extra
2
Common
of Reo.
100
Bank
8-
Caterpillar Tractor Co. (Increased)
...
Foundry 5% preferred (quar.)....
;
Holder t
130c
t$1.75
Amalgamated Leather 6% conv. pfd. (accum.)
American Arch
(irreg.)
American Automobile Insurance (St. Louis)
American
1
(accum.)
•
preferred
Canadian
-
Payable
(quar.)—
(quar.)
Goods
9-
Canadian International Investment Trust—
87y2c
preferred (quar
4<7o
preferred
Draefcelt
10c
8-18
Co.—
Alpha Portland Cement
Aluminium, Ltd., common
6%
3
50c
9-15
Share
—
Allis-Chalmers Mfg.
Aluminum
8-
150
Canadian
Companies
(quar.)
Allentown-Bethlehem
7%
5
25c
10-1
25C
9-
'
preferred
62 ViO
Class B
Douglas
$1.75
8-28
10-10
Class A—
Paper,
6
(quar.)
8- 1
Per
Dairies
8-29
9-12
________—
12-15
•
preferred
Donnacona
150
2
Central Ohio
7%
8-15
8-
Central
Agnew-Surpass Shoe Stores, com.
8-17
IOC
Ltd. (interim)
Ltd. 7% pfd. (s-a)
Canadian Bakeries 5 Vo preferred
^Canadian Breweries, Ltd. com. (initial)
$3.40 conv. preference (quar.)
Canadian Food Products (quar.)
| preceding table.
Abbott's
1
preferenceDominion Stores,
12yac
common
8-13
10-31
$$1.25
Investments,
(accum.)——
Ltd. (quar.)
5%
8-25
$1.12 Vz
.6-23
2V2%
5%
.
91%C
(quar.)..
8-13
8-13
1 VA%
8
2-
t$3
Dominion-Scottish
9-
9-1
(interim)
8-23
2c
3-1-46
&
Common
9-10
$1.25
8-17
A-10
75c
(quar.)
Anglo Investment—
Dominion
9-20
50c
6Vfe %
Class A
:
3
1
9-1
9-1
75o
7-31
:8-
8-17
$1.25
t$2.25
•8-17
8-
X
9-1
25c
9-30
Canada and Dominion Sugar,
give the dividends announced in prevlguf
weeks and not yet paid.
The list does not include divi-,
fiends announced thfts week, these being given in the
Name of Company
1
8-15
1
10-
37»/2c
preferred (quar.)
Dominion Bridge Ltd. (quar.)—
i
Canada Starch Co.,
we
Miscellaneous
9-
>
,
j Callite Tungsten Corp
Campbell Wyant & Cannon Foundry
8%
Industrial and
8-10
8-lt
common
8-20
States Life Insurance
-Canadian Oil Cos.
Below
1
Co.,
62%c
10-10
$ 1.37Vi
—__—
9-
8- t
9-
5c
—
Cup
8-15
:
Cement
—
—
16c
.
California
California-Western
(auar.)
81.50
50c
(quar.)
com.
1-
8-15
8-15
25C
Match
68%c
(quar.)
-50c
Co
Curry
1
8- 2
-.w—
—
$1.75
A
(quar.)
Electric
Extra
8-20
9-
v
8-20
(quar.)
(quar.),—
——
Co., common (quar.) —__
:
6% participating preferred (s-a)——
6% participating preferred (s-a;
Distillers Co., Ltd.—
Ordinary registered
8-15
* 12-24
50c
class A
Extra
Packing Corp., common (quar.)
5%
preferred (quar.)
California Water Service 6% pfd. A (quar.)
8% preferred B
(quar.)
;
;
1
B
12-24
35c
preferred
Dixie
.
(quar.)
7% pfd.
Butler Water Co.
California
9-
20c
common
preferred
5%
8-15
I
9-1
75C
(quar.)
(quar.)
Byron Jackson Co.
1
8-15
V
Class
Diamond
(optional)
share of
'
12y2c
Common
vYosemit'e
1
Machine
&
Bolt
4Vi %
8-20
9-25
Transportation
8-
750
Devoe & Raynolds
8-23
10^ 1
$1.75
(quar.)"——
5% preferred
1
62y2c
(quar.)
class
Corp.,
Die
Butler
-7-15
Worcester
(quar.)
Inc.
*
of Reo,
9-20
$1.75
(quar.)
(quar.),—.
Derby Gas & Electric " Corp.,
Detroit-Michigan Stove Co.—
1
8-
Burlington Mills, 5 % preferred
Burroughs Adding Machine
8-17
(quar.)
Co.
9-
8-15
& Co
preferred
7'/o
,
9- 1
9- 5
Governor
9-15
12 Vic
50c
prior preferred (quar.)
Canada
-
$1.75
25c
prior
"Woodward
Fund,
Buffalo
8- 4'
(quar.i.
preferred
$5
Buell
8-4
iquar.).
common
9- 1
<$1.50
Y.)
(N.
BoUm
Payable
$1
(quar.)
V/o pfd.
7%■ preferred
7
Brewing Corp. of America (quar.)
Budd (Edward G.) Manufacturing—
8-15
7-25
8-15
7-25
-9-15
25c
(quar.)
(quar.)
Newspaper Machinery
$7
pfd.
(quar.i...
Co.,
B.)
preferred
Wood
$1
S3
$ $ 1.12 Va
10c
$1.25
(Sidney)
Bourjois, Inc. $2.75 preferred
Inc.—
(quar.)
9-
...
a
Dentists Supply
6
1
10-
$1.75
Share
Name of Company
Delaware it Hudson Co.
7-25
8-
75c
C.)
Brandon
9-1
(s-a).
common
4
7-31
8-16
8-»15
stock
(H.
"Boston
8-10
8- 2
9- 1
8-15
9- 1
8-17
/v:// :
8-24
8-14
9- 1
8-15
9-12
8-15
9-12
8-15
9- 5
8-21
8-31
8-15
8-31
8-15
12-1
11-15
9- 1
8-15
12- 1
11-15
25c
preferred
of
Alabama
(Georgei, Ltd. 4 % '/»
Ry.
com.__
_:
preferred (s-a)
preferred
(quar.)
preferred
(quar.)
5%
Co.,
Bohack
9-15
8-20
$3
15c
40c
$1
25c
$9
22y2c
$2.50
$1.25
$1.25
.
4'A
(E. W.)
common
9-10
$1.75
25c
75c
———
—
7-31
25c
preferred (s-a)
6%
preferred (s-a)
Blue
Ridge Corp., $3 preferred
v
Payable in cash or l-32nd of
7-31
9-15
10- 1
$1
common
(quar.i
8-15
$1.50
5%
Blumenthal
preferred
United
-
Bliss
Printing & Lithograph Co.—
5r/c
■
:
9-11
10- 1,?
;
3c
8-23
common
preferred (quar.)
Birmingham Water Works 6% pfd. (quar.).
Blauner's, Inc., common (quar.).,...,
$3 preferred (quar.)—.
8-3/
7-25 :
'
1
*15C
7%
-
$1
9-
„
(quar.]
Inc.
Steel Corp.
Bethlehem
8-25
__—
Card
Best *& Co.,
8-10
,
-8-10
Light & Power B shares
Playing
U. S.
9- 1
5%
1
$1.25
!<
8-23
$150
9-1
Cos—
Coal
Electric
Illuminating
Electric
9- 1 '
9- I -
9-
8-
When
Per
of Reo.
8-14
8-15
9-15
9-15
9-15
Street
United
*9- 1
;
5c
deposit rets (interim),!—1,,,
Railway Co
American
;
Payable
37 Vic
$1.75
preferred (quar.),—
preferred (quar.)
Bertram (John) & Sons,-Ltd. (s-a)
$5
(quar.)——,:—10c
Tobacco Securities Trust Co., Ltd.—
Union
.
10c
■
•
Extra^-^,-1——
■■
Share
common
7%
8-15
8-15
8-24
9- 1
9-1
9-15
'25c
$1
15c
-
:
TUo Roofing Co., Inc.
Name of Company
(
Berkshire Fine Spinning Associates
preferred
participating
Extra
'
of Rec.
Bolder •
When
rer
Payable
:
Oil Co., Ltd.—
(D. A.)
Class. A
;
Share
Name of Company
<
-
Stuart
<60$
%22VaC
,
8-15
8-10
9-
1
15c
9-15
67C
9-15
$1.50
9-
1
75c
8-15
$1.75
10-15
8-15
50c
•
8-1
8-31
;
$1,298
8-15
8-31 f
8-31 (
7-20 1
8-
i [
9-26 f
7-20
8-20
$1.50
8rlO
;
i-3
7-23 '
75c
8-15
$1
8*15
7-29 f
500
9-29
9-10 !
$1.25
9-10
31C
9-1
8-21 J
12%C
8-13
a-«i
'8-31
1
THE
Per
Holdert
When
V-
15C
8-31
8-21
6%
15c
9-28
9-18
8%
15c,
10-26.
10-16
5%
1st
9-15
————
—■————~
pllo Electric Light, common..—
Hires^haries
(Henry)
Holt
12-15
30C
1
8-15
9-
30c
E.) Co. (quar.f& Co., Inc.—
25C
8-29
9-
8-15
8-15
Bay Co.
Hudson
Bay Mining &
Hudson
Motor
$2
8-
1
25c
8-15
8-
4
9-29
9-20
$1.25
12-30
12-20
40C
8-20
7-25
$1
9-1
$-8
25c
8-20
8-
-•—■———
Co. common (quar.)
—
Power 5% preferred (accum.)——
Zinc Co
—-
\
2*
1
8-20
137«/2C
9-1
8-20
$1.62 »/3
9-10
9-
1
6
Mount
$1.50
9-
1
8-
9-
1
8-14
Extra
9-31
7-31
$1.50
9-10
8-22
$1.75'
9-
4
8-
1
7-16
Murphy
9-
1
8-16
Muskegon Motor
9-
1
8-15
25C
9-
1
8-15
$50c
9-15
10-15
1
8-10
30c
12- 1
11-10
/ 25c
8-15
7-25
9-
30c
$1.25
9-
1
50c
10-
-
9-
$1.25
10-1
9-
1
10-
1
9-
1
15c
9-15
9- 5
15c
12-15
12- 5
37 Vic
8-15
8-
I:
87 Vic
8-20
8-
1
$5c
8-28
7-31
(quar.)
(quar.)
——
Trecker
Kentucky Utilities 7% Junior pfd. (quar.)
! Kerr Addison Gold Mines (interim)—
■'.Kerr Lake Mines, Ltd. (resumed).
Kingsbury Breweries
Co.__——
Kinney (G. R.) $5 prior pfd. (accum.)
Klein (D. Emil) Co., Inc. (quar,).
Knickerbocker Fund (quar.)
8-15
7-30
$1.50
8-24
8-10
National
1
9-20
8c
8-20
7-31
4c
8-20
7-31
5c
9-25
9-15
2 Vic
9-15
9-15
25c
9-12
1
50c
9-
1
$1.50
10-
1
9-15
$1.75
11-1
10-15
10c
8-20
8-10
(s-a)—-
v'f/ $1
8-31
7-31
(quar.).
J30c
9-
1
8- 3
$$1.75
$5c
9-
1
8-
—
2nd preferred - (quar.)----i------i.—.
Wines & Champagne (irreg.)
Salle
preferred
Lamson & Sessions
.
Machine
10-
1
5
9-22
8- 4
25c
>11-15
11- 5
8-15
8-15
8-31,
8-20
Common
$4.50 preferred
Leath
(quar.)
Co., common
——
$2.50 preferred (quar.)
Lehn & Fihk "Products Corp. (quar.)——
Leitch Gold Mines, Ltd.
Leonard Custom Tailors (Irreg.)
35C
Class
vr
.
B
(quar.)
9-1
8-11
9-10
8-25
8-
-
1
8-
8-15
9- 1
1
0-1
8-10
Northern Liberties Gas
75c
9-
1
8-10
Northwestern
30c
Quarterly
—
-Lindsay Light & Chemical..
Link-Belt Co. (quar.)
8- 4
9- 1
8- 3
8-10
50c
„
.
10-26
1
8-20
15C
....
.
11-
8-
'
Linen
'•:
Service
of
Corp.
Texas
common
Loblaw
Groceterias,
Inc.
Groceterias Co.,
Class A
8%
"
»!
preferred
Common
1
8-15
9-
1
8-15
$1.12 Vz
20C
10-15.
8-17
11- 1
9- 1
(quar.)
8%
pfd.
1
8-
8*
6%
9-
1
8-
8♦
Ottawa
$2
10-1
0-21
1-2-46
12-22
$1
(quar.)
^'8-31•
(quar,)..—
-
fmonthiyi
'""^Common (rtio'nthly)
LOne Star 'Gas Co. (quar,)
9-29
$1
8-31
*s
9-19
'■
Lord
&
^Louisiana
Land
5%
.
&
&
8-17
8-17
9-15
Nashville
9- 1«
common
5%
&
——
RR.
v
*'8Vz%
fiVi%
Dreferred
(auar.)
Corporation (quar.)
Mackintosh-Hemphill (quar.)
1
8-
4
(
0- 4
25c
8-25
8-15
25c
8-15
8-10
—...
Macmlllan Company, common (quar.)
"$5
preferred
(quar.)
Manhattan
Marathon
Shirt
Co.
Corporation
Department
(quar.)
(quar.)__^_
Stores,
8-
'•■?•:■ 25c
; 25c
'
9-
1
8-
'
9
'
$3.75
preferred
McClatchv Newspapers,
7%
,
9-30
9-15
Common
8-15
8-
3
8-8
1
1
93% C
...
& Frank
Co., Inc.
* 9- 1
8-15
j
6-31
43 %c
pfd. (quar.)
(quar.)._
;
43%0
•'
Z 20c
$5sy2c
Z
-
*
8-30
11-3B
; xi-28
"
■
-6-15
-
8-30
8- i
9-1
8-15
15c
»
-
9-10
37VzC
}■
$1.40
8-15
9-
42ViO
7-
..
-
7-31
«- 1
class
Penman's,
A
Ltd.;
,
"Cdmmon*
5%
(quar:) I——.
preferred (quar.)
—
:
I
11-
I
11-
1
10-15
15c
11-
1
10-15
Ltd.,
8-15
7-25
1
9-15
$1.75
10-
1
9-15
9-10
8-25
U5c
(quar.)
common
8-15
15c
1
9-20
Becord
1
9-20
Seeman
7-28
9-10
8-24
8-17
8- 6
8-17
8- 6
9-10
8-
12-31
12-15
8-16
50c
common
8-27
Sinclair
9-
1
7-27
8-
;50c
1
7-16
7-16
8-22
Solar
9-20
8-22
55c
8-24
8-3
6- 1
8-15
*7-31
/ 8-15
7-31
8-15
7-20
9-15
9-
6%
South
9-30
9-20
75C
9-10
8-10
1
8-1
75c
9-15
y 8-31
9-
1
$1.12 Vz
10-
1
1
8-15
8-15
$1
pfd.
7%
7-30
7-14
8-10
7-31
40c
8-27
22y2c
8-15
(initial quar.)
(quar.)
Works,
37Vic
(Initial)
common
.
Water, 5%
com.
,ti9c;
9- 7
Southern
9-
1
8-20
Southwestern
$1.37¥2
9-
1
8-20
$1
$$1
$$1.75
8-
>
-
7-26
9-15
1-2-46
50c
4-1-46
50c
8-15
35c
11-15
35c
2-15-46
35c
12-15
$75c
25c
$1.25
3-15
8-
2-
8- 8
8
5
7-25
8- L
10-1
10- 1
:
9-15
9-15
8-15
8-15
8-31
7-13
8-1.54
'*
7-20
37 Vic *'
8-15 '
3iy»c
9-
1
8-15
37y2c
9-
i
8-15
8-15
7-20
——.
120c
9-
1
8-15
9- 1
8-15
75c
9-15
8-15
35c
10-15
10-11
10c
8-20
7-31
$1.50
9-15
9-5
45c
9-10
8-18
—
(quar.)-———
Life Insurance (Dallas)—
Co.
Railway
:
—
Investors*
Co.—
Sovereign
Sparks-Withington
6%
convertible
preferred
(quar.)
—
(quar.)
Spicer Manufacturing $2 preferred—^—-—
8piegel, Inc., $4.50 preferred- (quar.)__—_
Spencer Kellogg & Sons
Water
Stamford
Standard
$4.50
$1.60
Co.
8z
■
——
Seal Corp.— :
j
' ~
preferred- (quar.)—_—_
Chemical,-5%
Standard
Dredging
Oil
Co.
Oil
of
Standard
Extra
9-15
9-1
40c
8-15
8- 4
30c
9-15
8-15
$1.12 Vz
9-15
*
r
_*
preferred (quar,)—
40c
(quar.)
i
,
;—-
9-
9-
7-31
1
1
1
8-15
.9- 1
/ 40c vr.9-
$$1.25
$1.60 pfd. (quar,)—,—1
California (quar.)—»
of
Indiana
-
'
"
convertible
Standard
..
8-25
,
Brands, Inc., common—J.—
Cap
25c
$1.12 Vz
(quar.)
preferred (quar.)—
Standard
7-15
>
I
1
8-15
25c
Standard
9-
8-
I
8-25
Public Service Co.—
Quarterly
11- 5
8-16
8-
4
*
"
(quar.)
pfd. (quar.)
(quar.)
(quar.)
9-28
1
8-31
30c
$1.50
20c
Common
50c
25c
8-15
1
7-31'V
8-15
13%C
—
8-15
8-8
8,
Corp.—
(quar.)—
8-15'
9i». 1
7-31
8-10
$1
——
Southern Canada Power Co., Ltd;—
8-31
8-31
8-20
8-15
*.
Ltd." ^initial)
preferred
8-31
8-31
8-20
8-10
$1.75
(quar.)—
preferred A (quar.)
Lathe
32c
7-30
-
25C
Southern California
Common
6
8-15
1
Co.—
preferred
Southwestern
9-15
7-31
1
9-
>
7-31
..
1
9-
J
common
Southern California Edison Co.,
6%
9-
15c
62y2c
quar
9
9-14
7-20
-
8-25
75c
8-
v
15c
conv.
8-16
9-15
9-
123c
;
(quar.)
preferred
Bend
6
$1.25
■
_—
Manufacturing
'^outhaiti. Co.,
1
8-20
25c
Co.—r__
cum.
6
8-
30c
$20c
Soundview Pulp Co., common
7-31
8-15
8-
9-
8-15
9-15
Corp
Aircraft
Conv.
7-30
< 8-15
10-19*
11-1
(quar.)
(Initial
Company
Skelly Oil
Solar
8-15
1
10-19*
25c
(quar.)
Shops
City Gas & Elec.
Common
(quar.)
*
9-20
8-15
8-31*
11-1
'%V'
(quar.)
Inc.
common,
Oil
3
9-12
45C-
—
Candy
$2.50 preferred
3
8-
8-15
'
*
J
(quar.)
Signode Steel Strapping,
1
8-
8-
"
Sioux
8-15
-
*
Co-
prefererd
6
7-20
8-15
75c
1
8-15
8-
8-10
20c
10c
(Del.)
Surety
Inc.,
10-
9-
9-20
75c
12J/2c
preferred (quar.)
Water Power Co
Sherwin-Williams, common (quar.)
Silex
8-15
8-11
12-20
6
8-15
8-10
12-30
(s-a)_-
$4.50
4%
8-15
■■
1
9-29
Co._
Brothers,
Servel,
1
9-
ny2c
(Laura)
8-20
1
8-25
17 Vic
Shawinigan
.
9-
25c
$1.50
(quar.)
Seagrave Corp., 5% preferred (quar.)
Sears Roebuck & Co.
(quar.)——_—
6
4
8-15
7-11
8-20
(quar.)
(quar.)
8-30
8-
8-
1
20c
Dillon
10-
9-
1$1.50
9-10
1
9- 6
7-25
10-
35C
7-18
,
8-
8-15
$1.75
(quar.)
Shops
6
8-15
35c
8-10
9-
I
8-31
15C
$2
9-21
/*"
I
8-
1
9-15
50c
Schumacher Wall Board Corp.,
8-20
v
common'"(quar.)
1
12-
68%c
Arms Corp
Distillers Corp
1
'
;
9-
t40c
Seaboard
Pennsylvania-Central Airlines Corp. (initial)
"725c
Pennsylvania Electric,' $4.40% pfd. B (quar,)-;" ' $1.10
Pennsylvania Glass Sand Corp>— .:: ;
:
r*
$40c
Seaboard Oil Co.
—
(quar.)
(quar.)
8-23
9-20
t$1.62yjj
6-15
(quar.)
$1.40 class A
$1.40
8-31
10-
7-12
9
9-13
Schenley
1
(quar.)
8-
9-30
Company
Francisco Remedial Loan Assn.
San
1
8-15
50c
9-10
$1.50
10c
50c
9-
1
25c
Scotten
75c
75c
70c
9-
25c
Grain, Ltd.
Paper,
1
(quar.)
(quar.)
class A (quar.)
9-15
*
1
Common
$3
MqGrqw Hill Publishing Co."
Melntyre Porcupine' Mines (quarJZ~~~
Meadville Telephone -(quar.)....^..
Meier
preferred
8-31
7-20
Co
preferred
X
9-15
7y2c
1
V
8-
8-31
8-25
37 Vic
8-
&
Peabody Coal 6% pfd. (accum.)
Peninsular
Grinding Wheel
Peninsular Telephone Co., common
87 Vic
'
'
7%
$1.06 Va
preferred (quar.)_.___
.
Rig
9-10
25c
8-
(quar.)
$5.50 preferred
7-30
common
(quar.)....
Inc.
Reel, comomn—-—..—
(quar.)
Patchogue-Plymouth Mills
Paton Manufacturing, common (quar.)
Parkersburg
8-10
"
4
Pictures,
1
non-cum.
16c.
Paramount
8-10
10-
125c
8-15
Extra
8
8-15
'
Massawippl Valley RR. Co. (s-a)
May
8
8-31
25C
.......
Marshall Field & Co. 4V4% pfd. (quar.)
Massachusetts Bonding & Insurance (quar.)
,
8-
$1.25
^Madispn Square Garden Corp
,
12-22
10-15
10-
6
1
$1.50
Quarterly
1
8-15"'
31V4C
8-
8-15
1
9-15
Aircraft, .Ltd.——
8-15
8-
9-
$1.25
Co., common
convertible preferred
8-15
pfd
8-24
8-22
25c
9-14
———
7-24
$1.50
(initial)
Oil
25c
5.6%
8-30
8-15
9-15
Inc.
9-
(quar.)
Pacific Lighting Corp. (quar.)
9-29
50c
Alegre Sugar Corp.
$1.50
9-13
1-2-46
8-15
v
30c
$1.75
participating preferred (quar.)—.
Scott Paper Co., common (quar.)
—
: $4 preferred (quar.)_
'
J $4.50 preferred (quar.)
;
Pantepec Oil Co. of Venezuela—
American shares (initial semi-annual)—
50C
preferred (quar.)
preferred (quar.)
Power & Light Co
Joseph Water Co., 6% preferred
6an-Nap-Pak Manufacturing (quar.)
8-15
9-10
$$1,75
Panhandle Eastern Pipe Line
r
...
8-30
9-
—.
1
$1.62 Vz
Lynch
9-29
& Gas—
Electric
Russell-Berg
11-
—
1
9-21
$1.25
6%
8-15
$25c
8-
1
8-15
Holland
1
9-
50c
8-
10-
9-14
Richardson
9- 1
59%c
8-15
$1.62 Vz
„
7-13
50c
$25c
$$1.75
-
35c
.
8-15
40c
433Ac
8-15
....
8-15
50c
9- 1
9- 1
$1.75
88c
I.
(quar.)
Company, common
preferred (quar.)
8-15
9-14
10-
(quar.)
pfd.
(Increased)
9-14
$1.25
$2.50
preferred
Mills
8-15
$1.75
9-10
25c
25c
$1.50
50c
60c
$1.50
9-15
10-1
9-15
—_—
Rustless Iron & Steel
10-
8-15
-
9-14
St.
50c
7-30
1
9-
412/aC
—
I2V2C
$$1
$4
Lunkenheimer
2
7-30
8-16
"
1
8-
7
$1.25
$50c
$2.50
...
-t
$2
8-20
$25o
Owens-Illinois Glass Co.
50c
Outboard Marine &. Manufacturing-—
25c
Oxford Paper $5 .preferred(accum.)—'$1.75
Pacific Gas &'Electri£ :d% pfd. (quar*.)——
37V2C
5V"2% preferred (quar.)——
34%c
Car
Pacific
Louis Ry.—
St.
—
-preferred'(s-a)
Louisville
9-10
9-1
IOC
1st
♦Louisville Henderson
■!»;;Common"(s-al
•
15C
$1.50
:
.■
preferred (quar.fZZZZ
& Exploration (quar.)
Taylor 6%
6%
(quar.)
preferred
9-
$25c
-
Co.
Elevator
$25c
;
,
9- 7
10-
4
8-
5
8-15
$2QC
-
$1
—
Service
7-26*
9-
8-15
Savage
(quar.)——
4
Nor'western States Portland Cement (quar.)
O'Connor Moffatt & Co. $1.50 class AA_—
Ogilvie Flour Mills, common (quar.)
7% preferred (quar.)-.—
—
Oklahoma Natural Gas, common (quar.)—
43A% preferred A.(quar.,;—:
——
Ontario Steel Products Co., Ltd., common—
7% preferred.(quar.)
——;
—
Otis
Ltd.—
(quar.)
Class B (auar.)._.
••'Lock Joint Pipe Co.,
9-
25c
-
•'
>
1
$2.50
>'$5 preferred
(s-a)
•Liquid Carbonic Corp., com./ (quar.).
;v*.*'4 Vi % preferred A <quarv) .—.....j.
Loblaw
10c
;
Pub.
8-15
$5c
1
50c
preferred
7%
—
50c
10-
8- 3
$1.12Vz
t25p_.
1
8-
59y3C
1
$1.50
$1.25
i.——
8-22
8-15
8-15
50c
(quar.)—
■.Extra
75C
...»
Lincoln National Life Insurance Co
7-31
9-
$1.50
$1.50
'
1
9-15
9- 7
A (quar.)—
B (quar.)———
—
North American Oil Consolidated (quar.)—
North River Insurance
(quar.)——
Northern Insurance (N. Y.)
(s-a)—
—
1
9-
1
Saco-Lowell
$6 1st preferred
$6 1st preferred
7-16
8-
8-15
$2.50
9-
9-15
20c
50c
(quar.)
common
1
50c
8-31
30c
8-15
50C
preferred
American Car Corp.,
9-
5 8 Vic
8-
$2
(quar.)—
Ltd.
8-15
37'Ac
1
9-15
(quar.)
8-15
25C
7-31
50c
Corp. class A
1
of Colorado-
8-15
North
$2c
25c
7-31
8-15
25c
8-31
20c
$1.75
7-31
8-
7-31
9-
$1.60 non-cum.
0-21
25c
8-21*
8-31
20c
10-
Reliance
8-15
$1.75
9-
10c
—
preferred (quar.)
preferred (quar.)
6y2% pfd. (accum.)__
Republic Investors Fund—
6% preferred A (quar.)
6% preferred B (quar.)
Republic Petroleum 5'/2% pfd. A (quar.) —
Reynolds (R. J.) TobaccoCommon
(quar. interim)
Class B (quar. interim)
Rlce-Stix Dry Goods Co.—
7%
1st preferred
(quar.)
7% 2nd preferred (quar.)
—
8-18
8-15
53VsC
B
Adjustment
9-15
,
9-14
1
8-15
25c
Co.
1
$1.25
(quar.)
9-15
1
$1.60
8-15
8-15
25c
1
1
10-
Regent Knitting Mills, Ltd.—
9-28
9-10
7-31
(quar.)—
Noranda Mines, Ltd. (interim)-.
Norfolk & Western Railway Co., com. (quar.)
Class
9-15
1
Weaving,
Nineteen Hundred
9
8- 9
1
10-
62 Vic
Lexington Water Co., 7% pfd. (quar.)..
fLibby-Owens-Ford Glass
Liberty Aircraft Products
Life Savers Corp. (quar.)...———
Liggett & Myers Tobacco, common (quar.).
;
10-
10c
&
8-
1
0- 1
$1.12 Vz
"
"
9-
8-15
8-15
—
Wire
Niagara
12-21
12-31
$3
25c
Gamble
Reed Roller Bit
10-15
$1.25
$5 convertible preferred (quar.)
Niagara Lower Arch Bridge (quar.)
Niagara Share Corp. 4^2% pfd. (quar.)
.
....
7
8-14
8-15
8-15
(resumed)
Newberry (J. J.) Co., 5% pfd. A (quar.)—
Newport News Shipbuilding & Dry Dock—
1
$1
11- 8
1
$5 preferred
New York Dock
30c
Common^ Iquar.)
,
—
Lansing Company (quar.)
Lanston Monotype .jjachlpe—
...
Lawyers Title Insurance Corp. (Va.)—
»
6%
preferred
(s-a).w-—
«Le Tourneau (R. G), Inc., com. (quar.) —
8-10
1
9-
England Water Light & Power Assn.—
New Jersey Zinc Co.—
-———
—
New York Air Brake Co.
(quar.)
3
9-
I
12-
New
8-15
10-
1
9-
8-15
Meter 8% preferred (quar.)
Nestle-Le Mur $2 pfd. A (accum.)
New Amsterdam Casualty (N. Y.)—
25c
62 Vic
Co.,- commou
1
9-
9-15
Neptune
8-28
i
9-15
25c
(increased)
common
(quar.)——.
—
(quar.)—.
preferred
$2.50
(interim)—....
8-10
'
9-
1
(s-a)—
(s-a)
—
National Rubber Machinery Co
—
National Tea Co., 4»/i% pfd. (initial quar.)-;
Naumkeag Steam Cotton (Irreg.)—
Nelsner
Brothers
(quar.)
8-10
8
1
—
—
8
8-
9-
preferred
1
8-
75c
(quar.)
•
Quaker Oats Co., 6% preferred (quar.)_^—
Quaker State Oil Refining Corp. (quar.)—
Quebec Power Co. (quar,)—
Rapid Electrotype Co., common (quar^
Raytheon Manufacturing Co.—
6%
preferred (quar.)
Reading Co., common (quar.)
4% non-cumulative 1st preferred (quar.)
8-11
10-
(quar,)—
common
10-
8-21
9-
5%
$2.50
$3.50
Service,
Linen
8-
9-
10-15
10c
50c
Pure
5c
25c
—
Extra
5%
8-21
9-
(quar.)
8-15
9-
$1.00
RR. Co.—
412/3c
Punta
7
8-31
8-13
(quar.)_„
7%
9-
10-15
8-
15c
$5
9-17
8-22
1
1
pfd. (initial quar.)
&
1
3
99-
Puget Sound
12-20
12-28
25c
$1
50c
15c
$5
8-15
8-25
15c
...
(S. H.) Co..—
JLandls
Extra
40c
(quar.)
Lamaque Gold Mines, Ltd.
.-
:
—
Lake of the Woods Milling, common
$1.50
$1.50
8-11
10-
10-22
50c
(s-a)
Public Service
9-20
9-28
8-11
1
30c
(quar.)
Inc. (quar.)
preferred
Pullman,
America—
preferred (s-a)
$7 preferred (s-a)
National Paper & Type
10-
25c
'
7%
2
8-16
; i .<■
•
8-
$5c
Knudsen Creamery Co., common..—
Bank of Brooklyn
8-15
preferred
————
15c
convertible preferred (quar.)
15o
6% convertible preferred (quar.)
—.
15o
National Biscuit Co., common (quar.)
30c
7% preferred (quar.)
—
—.—$1.75
National Candy 7% 1st preferred-—-—87'/2C
7%- 2nd preferred
———»«——
87V2C
National Cash Register (quar.)
—
25c
National Container Corp. (Del.)
20c
National Gypsum Co. $4.50 pfd. (quar.)
$1.121/a
National Liberty Insurance (s-a)
10c
10c
,
Natl.
8-21
1
9-
6%
1
$1.25
&
Lafayette
9- 1
50c
6%
8-25
G
•
v-Common
7%
75c
preferred (quar.)
6% preferred (quar.)
Nachman Corporation
Nashua Gummed & Coated Paper (quar.)—
National Acme Company (quar.)
National Automotive Fibres, com. (resumed)
'
La
9- 1
6%
$75c
8-11
11-10
9-15
Specialties—
Mutual Chemical Co. of
8-15
$2
(quar.)
class A
$2
8-15
9- 1
12- 1
Co. (quar.)—
(G. C.)
8-1G
$1
37V2C
1
9-
50C
preferred
(monthly)——
preferred (monthly)
preferred (monthly) *
6%
preferred (monthly)
7%
preferred
(monthly)
7%
prefererd (monthly),.
—:
Public Service Corp, of New Jersey—
8 % preferred (quar.) 1
7% preferred (quar.)
$5
preferred
(quar.) _____
6% preferred
(monthly)
6% preferred
(monthly)
8-18
pfd. (quar.)-
8%
9-
5%
$1.73
$1.75
$7 preferred (quar.)
Muncie Water Works Co.,
20C
$1.50
—
5%
.
$7 preferred (quar.)—
40c
9- 1
10-
6%
8-31
Mullins Manufactured Corp.—
8-15
(s-a)
preferred
Public Service Co.
8-15
9- 3
9-10
Mines, Ltd. (interim,*
Provincial Transport Co. (s-a)
8-15
9- 3
1
25c
(quar.)—~
preferred
Procter
25c
lc
1
50c
Proprietary
8-1
7-26
1c
>9-
Princess Shops, 6%
8-15
8-15
*—i
1
9-30
Common
75c
$1.50
———
—
—
1
25C'
Pittsburgh Coke & Chemical $5 pfd.
Polaris Mining Co—.
Poor & Company class B
$1.50 class A
(quar.)__.
Pratt Food Co. (Increased)
Co.—
Diablo Oil Mining & Development
Quarterly
7
9-
9-24
25c
"
com.
4$1
$$1.75
(quar.)—
common
1
9-
$4
11-10
11-10
11-10
12- 1
9-15
9-15
1
10-
9-
Pitney-Bowes,
9- 1
8-10
12- 1
9-
9-30
Pittsburgh Bessemer & Like Erie
9-14
9-14
12-1
1
$1.50
(quar.)
Participating
8- 4
8- 1
9-15
9- 1
$2.25
$2,25
$2
—-
9-
Iron Fireman Mfg. Co. (quar.)..
■./:% Quarterly.—
i
Jacksonville Gas Corp. —
——
Jantzen Knitting Mills—>
5% preferred (quar.)
—
Jones & Laughlin Steel, common (quar.)..
5% preferred A (quar.)——
—5% preferred B (quar.)—————
Kalamazoo Vegetable Parchment Co.—
Kroger Grocery & Baking Co.,
■,
6% 1st preferred (quar.)—
$1.20
50c
8-17
10-
Phillips Petroleum Co. (quar.)
Pillsbury Mills, Inc., com. (quar.)
9- 1
9-15
8-20
10- 1
10- 1
7-24
9-10
40c
30c
6%
—-
JS1.75
$$1.25
7-27
'
Philadelphia Transportation Co.—
'
(s-aj
(a-a)
$4 preferred C (s-a)
Montreal Cottons, Ltd.,
tl5c
(quar.)
\ Investment Foundation, Ltd.—
6% convertible prefererd (quar.).—
Kress
preferred A
$4.50 preferred B
$4.50
:Zv
$1
—
8-15
8-15
7-31
———
Extra .—,
—.
«*.
c;-r 60c preferred
(quar.)——
Kresge (S. S.) Co. (quar.)——
$1.62Va
$1
(quar.)
pfd.
Rubber Reclaiming $4
8
Intertype Corporation
Extra
25c
50c
$1
...
9-
Inspiration Consolidated Copper—.—-_
Institutional Securities. Ltd.—
Stock and Bond shares (irreg.)
—
Internat'l Business Machines Corp. (quar.).
International Harvester Co. 7% pfd. (quar.)
International Holdings. Ltd
International Silver Co. (quar.)
International Utilities Corp., common
Common
8V3C
pref. (accum.)
$2 conv.
preferred (quar.)
—
Moody's Investors Service, Inc.—
$3 participating preference (quar.)
Morse Twist Drill & Machine (quar.)_.——
Motor Finance Corp.
(quar.)
Ingersoll-Rand Co.
Kearney
—
—
Corp.
Company
8-14
$1.25
(quar.)_—
pfd.
$5
Philadelphia Suburban Water Co.—
Common
^
7-25
9- 5
9-15
8-31
9-15
10- 1
9- 1
71/2%
Britain &
(interim)
Imperial Var. & Colour, Ltd, com. (quaXv)
$1.50 conv. partic. pfd. (quar.)
——
Industrial Silica Corp.,.6'/a % pfd (accum.)_
Steel Co..
97VzC
$1
8-15
9- 4
7-25
8- 6
8-10
Philadelphia Electric Power, 8% pfd. (quar.).
Philadelphia Insulated Wire (s-a)—
9- 1
10-1
8-6
50c
Co.
preferred
$6
_
15c
$2.50
—
Philadelphia Electric Co., common.:
$1 preference common (quar.) ______—
9-20
9-20
—.
common
9-
25c
Brewing Co
Philadelphia
8-11
1
$1.75
Phelps-Dodge ;i Corp—
10- 1
10- 1
$1.62'/a
7%
Imperial Tobacco of Great
1 Ireland Amer. dep. rets,
Inland
1
9-
52 V2 c
Power
Illinois
8-11
8-11
$1.23
Co.—
preferred (quar.)
preferred (quar.)
Illinois
1
8-15
Huttig Sash & Door
Idaho
1
9-
9- 1
12-1
8-31
7-31
6-13
10- 1
$1.12Vz
$1.31 Vi
Minneapolis-Moline Power Implement Co.—
$6.50 preferred (accum.)
—:
Minneapolis & St. Louis Railway Co
Monarch Knitting Co., Ltd.—
7% preferred
5% preferred
Monarch Life Ins. (Springfield, Mass.) (s-a)
Monsanto Chemical Co., common
(quar.)__
8-17
9-
$1.75
preferred (initial)——
(Tom) Peanut
(quar.)
Huston
Midvale
7
$1.50
Hussman-Ligonier Co.—
$2.25
Oil
Midland
8-10
8-
1
Corp.
Hone
preferred
5%
7-24
9-10
$1.50
—
—
6% pfd. (quar.)
preferred (quar.).—— ——.———
Huntington Water Co.,
7%
Micromatic
Midwest
preferred (quar.).
6%
7-30
25c
50c
$1.75
$1.50
25c
(accum.)———-
certificates
Allotment
8-11
9-
10c
(quar.)
Car
1
8-15
150C
Smelting (quar.)
Hummel-Ross Fibre Corp.—
5%
1
8- 6
9-
5%
(final).——
Hudson
5%
(quar.)
(quar.)
Merritt Chapman & Scott Corp.—
6j/2% preferred A (quar.)
Metropolitan Edison 3.90% pfd. (quar.)—
Metropolitan Industries 6% pfd. (accum.)-
7-28
$1.25
/
common
preferred
5V*% preferred
7-28
$1.50
Co.,
&
V/2%
8- 3
9-27
50c
.
.
11-21
40c
common (quar.) —
preferred, (quar.)
—(George A.) Co., common (quar.) —
(quar,)—
Horn & Hardart Co. (N. Y.)—
''"'V 5# preferred (quar.)—
Hotel Barbizon. Inc. (quar.)
■>.'
1
preferred
6%
,
12-
Merck
8-21
$1,061/4
Hiwke^Electrochemical,
Hormel
1
25C
$4.25
9-
preferred (quar.)
preferred (quar.)
...
—?
Mercantile Stores Co.,: common (quar.)
7%
preferred (quar.)—.—.......——
Merchants Ice & Cold Storage 6%
pfd.—
12- 3
Pennsylvania State Water Corp.—
$7 preferred
Peoria & Bureau Valley RR——
Pfelffer
of Rec.
Payable
Name of Company
9-1
12- 1
9- 5
12- 5
9- 5
12- 5
9-15
8-15
8-21
30c
30c
25c
■
—
1st
5%
5
9-
of Rec
:
—
Holder*
When
Holder*
Payable
of California—
preferred (quar.).
preferred (quar.)
30c
(Monthly)
( Monthly)
(.'• '(Monthly).
'
Mercantile Acceptance Corp.
Bartlett & Co.—
Spencer,
Hibbard.
of Rec.
Payable
Share
Name of Company
When
Share
Name of Company
••
Monday, August 6, 1945
CHRONICLE
COMMERCIAL & FINANCIAL
r
*8-20
8-13
50o
9-15
25c
9-10
e-10
25c
9-10
8-10
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
Volume 162
Per
.
Name of
.
Holdera
When
.
Share
Company
Payable
Participating
Standard
Silica
Co
Corporation and
12-29
12-15
30c
8-15
7-31
9-
8-15
6%
preferred
Swift
&
(quar.)
Gross
Net
from
8-15
Net
ry.
9-1
8-15
—V.
'
10-
1
9-
40c
9-
1
f Technicolor,
7%
4-
Thatcher
:-
(quar.)
8-
9-
1
8-15
1
8-28
—V.
$1.75
9-
1
8-11
623/2c
11-
1
7-30
8-
8-15
35c
8-31
■
25c
8-15
•-
25c
8-15
8-1
8-15
8- 1
1
8-20
25c
8-15
8-10
-
Trane Company, common
5c
■
common.
25c
11-15
(quar.)
50c
10-
1
10-
1
8-15
8-15
holders
on
of
March
record
20
in
1944
were
and
follows:
as
and Dec.
(& Subs.)-
8-10
Sundry
8-
8-10
25c
9-
admin,
25c
9-1
9-1
20, 35
8-15
com.
8-
$1.75
8-14
Federal
12,757,802
"16*383
prior preferred
6.36%
8-15
and
shares
579,000
9-
of
1
10-
:
237,925
576,912
26,650,245
1,104,415
837,837
27,488,083
tax
1,409,363
1,400,000
4,491,280
10,326,700
and surtax
profits tax
4,343,020
1,661,200
16,437,570
35,911
12,712,500
20,846
25,622
income taxes
share
per
in
Gross
8,941,173
2,661,204
$3.36
8,214,225
2,661,204
$3.09
9-15
Eastern
Pipe
Line
shares
issued
and
$2.50
10-10
25c
8-21
8? 6
50 c
9-15
8-10
40c
9-30
9-
1
9,146,118
2,661,204
$3.44
40c
9-20
12-20
11-30*
9-10
■'.? 8%
U. S.
1st preferred-
non-cum.
Utica Knitting Ca.—
5%
Van
(quar.)—
Works
Iron
-8- 4
-9- 1
1-2-46
12-22
i
9-
50c
;
(quar.)
Est.
fprofits tax
140,000
all of which are
7% preferred
(quarj—
$1.75
,
Petroleum
Warren
99-
1
$1.50
9-20
$1.75
%
9-20
preferred
9-10
t20c
9-15
1
1-2-46
$1.75
.
20c
Corp.—
1
8-18
1
8-15*
7-25
$1.25
8-10
$1.12%
8-10
7-25
J$ 1.75
——
8-15
Wellington Fire Insurance Co.
Wellman Engineering
—
8-11
—
10c
1
8-15
9-
1
8-15
guarantor,
as
8-15
7-17
8-15
7-17
-4%%
8-15
8-1
75C
8-15
8- 1
75c
11-15 :
(quar.)
„
Common
(quar.)
(quar.)
4——
5%- preferred A (quar.)—.
Common
5% i preferred A (quar.)
5% t preferred A iquar.)
Westinghouse
4;
!—
New
common
New
preferred
Westmoreland
—i
r.
Products
Dental Mfg.
Co.«.—
iquar.)
•
—>
Traffic.
1,109,558
Transportation
33,353,416
1,330,294
General
expenses
1.485,220
8-15
7
1
-
-
4
Hosiery Co., common (quar.)
Worthington Pump & Machinery,
4'/2% prior preferred (quar.)—
1
/
1,170,941
795,839
at
State
auction
2'/a;%
in
205,631
156,785
:■
2,958^3
4,017,065
3,567,793
1,124,622
4^42^115
832,389
Department
984,5*72
782,068
*
943,492
Utilities
Fublic
of
The. proceeds
Boston.
for
note
which
Boston
will
$75,000
mature
held by
now
Sept.
7.—V.
has "ap¬
will be used to pay
the First National
161, p. 2.452,
:.!•«
o!
895,362
4,941,704
1,246,360
//£. ;
.
Inc.rp-To Solicit Prokies
7-
6
Net
9-
1
Net ry. oper.
1
from
9,947,169
51,699,161
for
9-15
9-
9-15
9-1
Gross
9-20
Net
from
9-10.
Net
1942
1943
week
operating companies served by this corpora¬
July 28, 1945, totaled 197,404,000 kwfy. as
week last .yjaar,
ended
188,506,000 kwh. for the corresponding
of 4.7% .—V. 162, p. 499.
•
ti!/
X-fXi
Industries,
Philadelphia
Inc.,
Registers
—
X-'4'
■
.
.
and
denatured
acetone,
forms
line
company's
of
industrial purposes.
for
diversified
anti-freeze, butyl
which
sold
are
under
branded
" At the present time the
chemical
industrial
products
.
includes
ice and other-products,
alcohol; dry
some
names.
-
-
Following the repeal of • prohibition in 1933 the company, through
subsidiaries, entered the -distilled'spirits business, producing-and dis¬
tributing lines of whiskies, gins and other beverages.
Company brands
'include
"Dixie Belle" and
"Rinsey" gins, as well -as "Kinsey" and
"Philadelphia" -blended whiskey.
'• - -- --- - The company also is engaged in the shipping business through a sub¬
sidiary which owns five modern ocean tank vessels which are now
•chartered
the
to
7
■
.Total
•
''
904,000
$1,131,952
$807,710
350,590
223,008
131,901
138,109
16,129
net
on
,$15.13.
146,443
;
The
„ago.
U.
S.
Government.
;'
•
-
•
' v'.-.
'
,
^
7-
x■;
■
.;
.
Putnam Fund of Boston—Report—
resources
of
the
June 30,, 1945,
asset
.
^
Fund
increased
to
approximately
$13,-
compared with $12,350,000 three months
as
value
improved during the quarter
.7... ;.7:.
•
Earnings for Quarter Ended June 30
From Jan. 1—
i
1944
1945
ry.
-
,
$1,129,907
375,238
;
:;?>,!
•
$1,153,976
398,390
Income—
this
for
company," largest producers of ethyl alcohol in the tliiited
States, on July 28 filed a registration statement with the SEC covering
100,000 shares (no par) cumulative preferred stock.
Public offering
of this stock by
a
banking group headed by Merrill Lynch, Pierce,
Fenner & Beane will represent the first financing done on behalf.of
this company.
Issuance of the stock is subject to approval of stock¬
holders at a meeting to be held on Sept. 11.
r..
Net proceeds to be received by the company will be used to pay bank
loans and for working capital to finance increased business.
The company was incorporated in Pennsylvania in 1913 under the
name Publicker-Ward Distilling Co..
Originally the company produced
ethyl alcohol by molasses fermentation processes and sold it in pure
51,895,411
1944
the
of
output
the
r
railway
organized
corporation
a
The
.
railway
Inc.,
Co.,
with SEC—
1,155,762
1045
from
1
Water
&
Publicker
5.327.360
152,874
9,564,372
income^
Gas
increase
an
annual cost of the
195,845
:June—
Gross
9-
9-20
$1.12 y2
each
of
...
tion
Pennsylvania Reading Seashore Lines^-Earnings—'
10-15
10-15
$31
(George)
8-51
10%
taxes
taxes..
—V. 162, p. 464.
9-15 '
3IV2C
common
1,080,886
insur.
retirement
'Net ry.^oper.
-
11-15
11-
?•>'81-
*
request of this company to sell 2,400 shares of additional
stock.
The additional shares of par value of $25 will be sold
compared with
8- 1
11-1
$1.50
Wooiworth (P. W.) & Co., Ltd. ADR (interim)
6-
8-11
income—
$599,046
236,247
161,093 ^ ■;
135,420
■
4,007,007
1,462,719
1,202,827
1942
$663,946
184,234
165,646
fnli
''"
1943
1944
$620,342
Public Utility Engineering & Service Corp.—Output-J-
7*30
8-
1
12-30
415c
Inc
8.914,000
;
Equip, rents (JDr bal. )__
Jt. facil.- rents (Dr -bal.)
6rl0
1
185,331
the
Electric
25,721,585 116,036,528 130,664,797
12,475,905
44,584,000 58,885,261
6,449,762
6,511,277
1,080,126
6,951,241
7,054,026
1,170,149
21,721,883
op.
RR.
8-15
$$2.50
taxes
Unemploy.
1
ry.
9-15
8-14
9x
from
rev,
8-27
8-15
-30C
$1.50
$2.50
9-
10- 1
9-
Net
Railway
"''*9-104
35C
•:44:3oc
(quar.)
(R._ C.)
Industries,
10,162,897
J5,779,115
operations
9-15
$1
-25c
-
Extra '--—7-
Woodall
& struct.
way
of-equipment
Miscell.
8-
223,743
-
...
1945—6 Mos.—1944
$
$
$
87,134,485 495,567,932 502,505,257
10,179,655
56,778,874
57,951,719
15,835,755
92,270,809
94,859,321
1,061,750
6,271,099
6,202,829
31,614,653 206,862,362 196,133.989
1,340,784
8,056,234
7,938,611
1,380,303
9,292,026
8,752,991
$
84,942,383
9-15
7 '-nr40c
Wiiliamsport Water Co., $6 pfd. (quar.)
Wilson Line, Inc., 5% preferred (s-a)
Winnipeg Electric Co., 5% non-cum; pfd
Winsted
Maint.
8-31
Coal ^quar.)—————
(8. S.)
Maint. of
8-1
8-31
197,496
114,946
$605,098
167,355
railway....
oper.
Indiana
1945—Month—1944
Period End. June 30—
11- 1
(initial)-—
Westmoreland, Inc. (quar,)
Electric Instrument, (quar.)—;
White
On this basis the average
3-I5r46 2- 1
/.:25c
35,793
59i2;3£to
"
purpose,—V. 162, p. 395.
of
—
'44,760
The SEC has authorized the company to solicit proxies for a special
meetitng of stockholders Aug. 31, 1945, to vote on the proposed sale of
gas
and water properties,
including Sheridan Ice property*' to
Corp.
-Weston
.Williams
8-15
11-15
'--25c;
.(initial)
Chlorine
accepted.
been
Ry. operating revenues.
11-1
$1.25
$1.25
Air- Brake
Westinghouse "Electric
Westvaco
-
182,951
129,133
Public Service Co. of Indiana,
proceeds to the applicant will be approximately 1.86%.
2-15-46 2- 1
$L25
-
_
—1
—
has
,
75c
186,337
1945
unsecured
an
(Excludes L. I. RR., and B. & E. RR.)
Western Pacifin RE., common
677,883
142,948
railway
Massachusetts
Bank
Earnings of Regional System
$1.50
(quar.)_
—
Pulp & Paper—
preferred (quar.)——;————4-v $1.12 y2
preferred
780,419
732,979
in
9-1
West /Virginia
;
liability,
8-15
$1.75 preferred (quar.)—
——i.——
Penn Electric, 7% preferred
(quar.)
1942
$112,472
6,616
45,930
1943
$104,016
11,537
4,415
38,158 :
front railway—»«..
common
below.—V. 161, p. 572.
$1.75
and
Steel Foundry—
West
$135,380
14,437
X:X*?"XX.
ry.
>
43 %C
25c
—
xX1
1944
$139,228
j
8-1
(quar.)
Mfg. Co., $1 conv. pfd.
West Michigan
6%
$727,052
$L01
8-15
Wentworth
g
9-
5c
—,
—
68,046
-
Plymouth County Electric Co.—Stock Approved—?
respect of not exceeding $10,290,000
equipment trust certificates, series Q, to be issued by the FidelityPhiladelphia Trust Co., as trustee, and sold at 100.12766 and accrued
dividends in connection with the procurement of certain equipment.
The report of the Commission states;
"The applicant invited 88 banking firms, insurance companies, and
savings banks to bid for the purchase of the certificates, the bidders
being required to specify the rate of dividends to be borne thereby in
multiples of Va of 17o per annum.
In response thereto two bids were
received.
The better bid, 100.12766 and accrued dividends, based on a
rate of 1%%
per annum, was made by Halsey, Stuart & Co., Inc-.
12-15
99-
50c
1945
from
The
The
and
9-15
10-
'169,849
81,046
'
"
153,530
39,291
15.
Net
Pennsylvania RR.—Equipment Trust Certificates—
ICC on July 23 authorized the company to assume obligation
8-10
—
(quar.)
$803,258
$1.11
lit AX*
719,604..
its
8-10
9-15
$1.75
—«...
See York County Gas Co.
8-10
t$l
(quar.)
$4.50 preferred
$577,322
$0.80
share
common
8-31*
t25c
*36,528
l,8fc2S?0
' .X,
3,611
•
—V. 162, p. 15.
1,156,660
;
....
per
30,993
♦44,670
...
from
Gross
1943
1,608,730
10,376
655,860
From Jan. 1—
$1,883,712
1,216,745
—
$104,906
584,190
35,339
Net from railway—.:.*«;
Netjry. oper. income...
Pennsylvania Gas & Electric Co.—Partial Redemption
9,-10
10-10
Washington Gas Light Co.—
$5
....
$100,146
1042'•
$130,633
*3,027
railway
income—
v
1943
*14,332
from
proved
72i,905 shares.—V. 161, p. 2791.
♦On
8-21
.
10-20
50c
♦Earning
8-15
1
$1
v
—.—
preferred (quar.)—
(S. D.) Co.—
12- 1
"'
-
Net profit
9- 1
12-10
50c
;"
Virginia Coal Jb Iron (quar.)—————
Vulcan Detmning Co., xcommoh——
7% prarerred (quar.)
Wagner Electric Corp. (quar.)
Waite Amulet Mines Ltd. (quar.)
Walker (Hiram) G. & W., common (quar.)$1 preferred (quar.)
Waltham Watch, 7% preferred (quar.)
7%
9-10
$1.75
—.
-
Warren
1944
•
debt
of
464.^;.^,
p.
Pittsburgh & West Virginia Ry—Earnings—
de¬
the
15.
$2,411,988
'
162,
1944
6,627
June-7-
■:
for
Vapor Car Heating Co., Inc.-—
-7% preferred (guar.)-—
Vick Chemical €<ou (quar.)^——.—
(net)
$1.17
$2.35
taxes.—V.
*7,182
oper.
v
-V. 162, p. 14.
'
8-24
7
normal,
Fed.
1943,
$411,069
amortization
depreciation,
Canadian
$98,071
railway
Net from railway
;
Net ry. oper. income—
(& Subs.)—Earnings-^1945
$1,794,087
but before tax
surtax & excess
after charges
and
railway....
Net
6 Months Ended June 30—
Profit
'
prior preferred
Dorn
8-10
9-12
1944
'
From January 1—
139.
p.
Parmelee Transportation Co.
8-20
:50c
€2%C
62
162,
depletion,
States
railway
Net from railway—_—
Net ry. oper. income—
8-20
9-10
$2
—
Rubber Reclaiming 8% pfd. (accum.)
Laboratories $2.50 pfd.. (quar.) —
Universal
—V.
)
offer¬
$821,512
'
•
$1.56
of
United
from
Gross
Stock Exchange has authorized the listing of
An initial half-yearly dividend of-32 cents per share has bee»
clared in addition to an extra dividend of 16 cents per share on
American shares, both payable Aug. -31 to holders of record Aug.
8-31*
40c
•50c
the
of
Pittsburg & Shawmut RR.—Earnings—
Oil Co. of Venezuela, C. A.—Initial Dividend
Pan tepee
>
1945
349,470
on
June—
v.,
,
9-10
1
ry.
Gross
7
shares
common
railway
income—
from
Net
9-20
_
'• ''
that warrants
announced
1,
375,000
$544,230
share
♦Deficit.—V. 162, p.
-,
,
of 4%
9-15
.—
V
'.*■
Co.—91% "of
Iron
&
Aug.
on
than
oper.
Net
Co.—Listing of Pre¬
cumulative preferred stock (par $100),
outstanding.—V. 162, p. 394.
8-15
10-
common
Coal
1945
from
Gross
New York
The
9-
50C
Co.,
year/L.
last
*
'
President,
more
From January 1—
Gross from railway
tlncludes royalties and other operating revenues.
ferred Stock—
50c
Rubber
Reading
preferred
from
ry.
61,180
—__—...
1943.
Panhandle
prior
U. S.
&
deduction
Net
162, p. 251.
prior
10-
week
Pittsburg Shawmut & Northern RR.—Earnings—
28,680,798
1,663,137
retirement trust
profit for period
shs. outstanding
6%
$1.75
corresponding
:*-
June—
28,034,472
646,327
24,720,963
—
foreign
4,67o
—
6%
•After
discount and
♦Including depreciation of manufacturing plants and amortization
leased equipment
of $3,484,496 in 1945, $3,707,578 in 1944 and
—V.
8-15
y 53c
subsidiaries fori the
kwh., an increase
126,548,000
to
77,564
23,616,548
losses
9-15
preferred (monthly)
preferred (monthly)
«,
preferred (monthly)
United N. J. RR. & Canal (quar.)
United
Specialties Co
U. S. Casualty, 4% non-cum. class A
U. S. Guarantee Co. (quar.)
U. S. Leather Co., 7% prior preference (quar.)
U. S. Pipe & Foundry (quar.)
Quarterly —
—
its
and
company
I
profit
Earnings
per
1,475,312
7,431
of common
Earnings
8-15
prior
6.36%
the
■
E. Taggart,
purchase of
the
♦Net
7-31
910-
: - 53c
(monthly)
$1,348
',!]/•
for
-
7:X'7'7':\
12,790
20,355
588,500
Crl5~779
—.
excess
and
Net
No.
7-17
1
58yac
25c
output
Quarters Ended June 30—
10,631,069
129,479
1,641,285
Renegotiation refund for year 1942
9-10
1
58y3c
r
f
9-
$$1
electric
162, p. 464.
135,369,015 119,686,653
retired—-
income
$3,651,997
1
$1,607
...-
ing of July 18, 1945, have been exercised.
This represents approxi¬
mately 91% of the total offering of 412,596 shares.
,--,i n"Accordingly, the company will proceed with the plan to redeem
its outstanding general mortgage 6% income bonds on Sept. 7, 1945.
—V. 162, p. 464.
">M
" X'
vV'.: *
'r \
i
"
.'♦«,
" *' X'\
$
1,609,252
income
State
8- 3
10-
2,168,768
$15,484,980 $13,371,686
Shares Subscribed—
1943
$
5,729
debentures
Federal income
3
8-14
t75c
2,168,768
stocks
common
share
common
Philadelphia
cents.
599,042
Payments to serv.
7-14
50c
"
,
stocks
for
of
-Earnings-
8-16
J38c
of Amer.
per
Net
8-16
$1.25
Co.
available
Pittsburgh Coal Co,—Earnings-
—.—
profit
Total
1
(quar.)__
Biscuit
preferred
on
July 28, 1945, amounted
1,282,000 kwh. or 1.2%
over
the
20
March
1944
131,223,288
12,131,081
exps
sales
on
expenses
Other
8-10
1
preferred (quar.)
Corporations, $1.50 cl. A (quar.)—
United Engineering & Foundry, com .(quar.)
7% preferred (quar.)
—___
United Fuel Investments, Ltd.—
67c
class A preferred (quar.)—
—
United Grain Growers, Ltd.—
.5% non-cum. preferred A
United Light & Railways (Del ), common—
17o
prior preferred (monthly)
17o prior preferred (monthly)
5%
7,341,383
6,887,580
$17,653,748 $15,540,454
:V
pat¬
paid,
bonus
on
Gross
7-10
$1.12 J/2
4,546,129
$24,541,328 $22,881,837
V.
22.
20,
Aug.
June
1945
debentures
on
discounts
Cash
7-31
25c
(quar.)__
1,949,769
•
3,797,157
ended
Ralph
royalties
and
Management
9-14.
$1.25
United
;
stock
common
interest
Other
8-10
9-24
(quar.)
Storage Co. (quar.)
Air Lines 4%% preferred
United
s
to
made
The
the common
169,179,815 177,278,287 161,203,251
gen.
Interest
8-31
15C
—
Oil Co.
Union
V
20
were
on
8-31
9-15
$1.50
(quar.)
of California
Union
United
each
expenses
8-31
37 Vac
Bag & Paper Corp
—...
Union Electric Co. of Missouri—
taxes
income
week
declared
2664.
sales,
Premium
$1.12 '/a
;^
Union
preferred
the
on
p.
of
Selling,
9- 4
—
«,
(quar.)
preferred (quar.)
Tyer Rubber Co., 6% prefeerred (quar.)
5,401,810
1,834,931
income
Earnings
ent, development and other oper.
8-30
9-15
preferred
prior
$5
payable Sept.
cents
revenues!
Twentieth Century-Fox Film Corp.—
conv.
20
share has been
per
20, 20 cents each; Sept. 20, 25 cents;
161,
"■Cost
11-10
9-10
$1.37'/2
—
8,358,522
6,122,056
deductions
Balance
1Net sales, royalties and other oper.
'•}& 25c
—.—
(quar.)___;
9-
$1.50
$6 1st preferred Xquar.)--—-—
Trinity XJniversal Insurance Co. (quar.)—.—
:
Quarterly
—
$4.50
cents
$
8- 3
Common
133,070
Owens-Illinois Glass Co.
8-21
:$1.50
146,000
Years Ended June 30-
9-15
•;
300,120
1
25c
25c
(John R.) Co
.
Co., Inc., $1.40 conv. preferred
Corp. of St. Louis (irreg.)_
Tokheim Oil Tank & Pump
Insurance
9,186,670
i
taxes
taxes
local
Dividends
554,729
385,907
186,558
10-22
8-15
Title
preferred
June
and
10-
eoc
taxes
profits
"
Tilo Roofing
5J/a%
714,816
465,361
98,086
for
——__——
Co.,
25
of
Dividends
1
J5c
Thompson
Goal
814,113
297,301
Corp.—
Incorp., $2.50 prior pref. (quar.)—
Mfg. Co. $3.60 pfd. (quar.))
Truax-Traer
Gross
Income
70,498
661,014
value,
par
no
Distributions
25c
——-
(interim)
of
:
25,024
last.
8-15
Works
Water
preferred
Textron
stock,
40c
Inc.
Haute
8-15
8-20
Teck-Hughes Gold Mines
Terre
7-28
11-15
37%
railway
railway
income
dividend
1
1
87,616
38,626
Otis Elevator Co.-—25-Cent Dividend Declared—
9- 1
12-
$122,864
95,820
38,992
162, p. 14.
A
10-
$139,670
and
Net
oper.
1944
Weekly Output-—
8-15
50c
$147,966
5,236
4
1—
1945
1942
1
40c
$3c
1943
27,709
frcm
8-4
8-15
37»/2C
Co
Electric
Tampa
Prom January
8-10
1
9-
excess
Federal
State
1944
$87,724
-
income—
oper.
8-15
-
railway
from railway-...
ry.
8-25
10c
preferred—
5%%
from
Gross
Net
313Ac
50c
(James)
Ry.—Earnings-
1945
373/2C
-
Company
Talcott
1
9-1
$1.50
—
(quar.)
Swift International Co., Ltd.—
Dep. ctfs. (reduced)
Sylvanite Gold Mines, Ltd. (quar.)
Syracuse Transit Corp., common
June-
Net
$i
•
Stonega Coal & Coke
income
Federal
Other
9-15
$1.25
(increased)
Co. (quar.)
Strawbridge & Clothier—
6%
prior preference A (quar.)
Struthers Wells Corp., $1.25 pfd. (quar.).^..
Sullivan Machinery Co.__
Swan-Pinch Oil 4% 2nd pfd.
(quar.)__—z.
9-29
Co.
&
Federal
(Continued from page 572)
Oklahoma City-Ada Atoka
$1.25
V
>
Operating revenues and other utility income-_$100,487,753 $96,434,278
Operating expenses, including maintenance^..^
46,642,438
44,992,437
Provision
for
depreciation
8,363,173
8,303,774
8-1
preferred (quar.)
(A.)
9- 1
8-15
'X 6% preferred (quar.)——
5%
8-10
31%c
12 Months Ended June 30—
Investment News
8- 4
1
9-10
$1
Phosphate & Acid Wks.
Stanley Works, 5% preferred (quar.)
Stecher-Traung Lithograph Corp.—
Stein
1
8-15
50c
—.—-
9-
9-
,10c
.
Standard Stoker
Standard Wholesale
10- I
31j/4C
(interim)—
Philadelphia Electric Co.. (& Subs.)—Earnings—
v
General
of Bee.
Standard Paving &
Materials—
conv.
preferred
607
$15.94
to
from
■:
-
:1942
1943
"
4%%
Wrigley
conv.
prior preferred
(Wm.)
$i.i2y2
(quar.)
Jr.
7 7c
7%
1st
preferred
1 x Less 30%
3
Jamaica
10-
1
t20c
.
8-15
8-15
7-31
l
799.206
*461,231
5,089,777
Income—Divs.
3,762,538
658,776
780,153
*199,558
♦747,879
.Interest
Total
There have been called for redemption on Sept. l, 1945, out
in
the
sinking
fund,
trust 3(47c. bonds due
$101,000
at
the New York Trust Co.,
v.
i6i,
p.
2114.
of
refunding
mortgage
1964 at 105 and interest.
and
of moneys
collateral
Payment will be.made
trustee, 100 Broadway, New York, N. Y.—
>■ -,:V
on
capital
on
20,666
$120,527
income
$111,445
25,220
18,247
:
-
*Net inc.
"
—
4
••
for
■
period-
,
■
$95,307
~
"
,
The
net
realized
for the quarter
gain
from
'
$93,198
;
$81,727
14,517
;
i1 ' I' r
♦Does rot' include realized or unrealized gains
f-'J
$59,140
26,995
^
$63,929
17,797
$90,779
50,304
bonds
Expenses
j.
-
•
-
$70,223
stocks
286,324
528,264
.
Pennsylvania Water &< Power O#.—Partial Redemption
l
sW$ closed for this dividend. 7*: - 7 :
7 r7 ■
tPayable in U; 8. facds, less 15% .Canadian non-residents* tax.
IPayable in Canadian funds, tax deductible at the source. - Non¬
resident tax, 15%; resident tax, 7%. -a Less British Income tax. -
5,130,575
5,325,646
railway
railway
.7-31
8-15
from
oper. income
♦Deficit.—V. 162. p. 139.
7-31
§$3.50
__
Income .tax#"-'/ "
'Transfer books
1
t$3.50
(s-a)
(s-a)
10-
15C
—
2nd preferred
-
50c
Co., common
YaJe & Towne Manufacturing Co. (quar.)
.York Knitting Mills common (s-a)
-
.
$86,135
,11,273
'
— $«7,209
brTobses
on
$74,861
sectitities.
sales of securities amounted to $39,068
ended June 30.—V. 161, p. 2791.
Railway Express Agency, Ine.
terminated.
continued to climb with a 31.3% increase
in number of shipments for June over the same month last year,
according to the corporation's Air Express Division.
This does not
include traffic to and from Canada.
' : •'
A total of 25,210 international air express shipments were reported
for the month as against 19,204 for June, 1944.—V. 162, p. 499.
International air
express
Subs.)—Earnings—
sales
1945—3 Mo3.—-1944
1945-—12 Mos.
$2,975,003 $12,503,891 $12,619,233
NeburbeforenFedChtaxes
228,917
Net profit
r
;
1,592,471
1,758,996
provision for excess profits taxes.—V. 181, p,
*Does not include
2792.
J'
Common—
shares of convertible
Of the 43,496
Bank
1
_
of
preferred stock called for redemp¬
The
Aug.
Pennsylvania
ances
After
St.
for Insur¬
Co.
Louis
addition
the
to
companies, throughout the
other countries.
"
Underwriters—The
,
call,
the company announces
that the re¬
Richmond Fredericksburg & Potomac
1945
June—
Gross
from
$2,957,007
1,383,790
income—
220,068
railway
Net
ry.
oper.
1942
1943
1944-
railway—
from
Net
$3,020,012.
1,740,525.
$3,142,440
1,611,462
271,160
outstanding 10-year 4% sinking fund deben¬
tures, due March 1, 1952, have also been called for redemption on.
Sept. l, next, at 102 and interest.
Payment is also being made at the*
Bankers Trust Co.
Holders of these bonds may receive the full re¬
RR.—Earnings—
291,444
$2,338,824
1,372,613
78,654
demption price, plus accrued interest to Sept.
upon presentation and surrender of said bonds.
Calls $1,200,000
From Jan. 1—
Gross
Net
ry.
railway-
income—
-V. .162,. p. 16,
18,400,416
10,971,731
2,034,084
18,053,877
19,329,776
8,642,893.10,560,423
1,182,906
1,723,309
lailway
from
from
oper.'
'
-
12,241,717
6,629,518
1,681,821
-
.
Inc.—Registers with SEC—
Rockland Gas Co.,
The
Butcher
underwriters, are
—V.
The
New
York, N. Y., has been appointed the
par value 4*4%
cumulative pre¬
common stock of $5 par value.—
Net
rail way
from
Net
$416,450
39,018
$409,439
66,301
65,61*
15,841:
48,834
45,447
Net
from
2,519,532
from
2,389,835,
2,226,655
138,146
239,904
Net ry.
342,171
*101,551
*3,918
131,636
240,999
railway..:
income—
oper.
♦Deficit.—V.
162.
1945.
with
70,214,270
railway
3,953,444
71,711,168
33,155,743
20,168,571
48.390,416
11,628,109
9,714,346
17,597,264
13,276,824
Seagrave Corp. (& Subs.)—Earnings—
36,100
$54,196
and
income
$51,361
$50,878
$0.43
$0.37
$0.36
90,296
profits
exc.
1943
$1,363,413
taxes
-
Net
•Earnings per common share
122,700 shares.—V.
180,478
Ry., Light, Heat &
Republic Co.
'
'4
City Securities Corp.—l
Clayton Securities Corp.
161, p. 2793.
Name—Exchange of Preferred Stock—
See St.* Joseph
Light & Power Co. above.—V. 162, p. 16.
St. Louis Brownsville & Mexico Ry. -Earnings—
June—
Gross
1945.
■
from
Net
from
Net
ry.
$1,224,401
$801,888
592,786
567,202
303,828
145,840
193,233
170,783
10,938,320
10,485,172
8,724,286
6,132,764
5,463,991
5,373,623
5,126,150
2,823,118
1,480,429
1,431,931
1,637,805
1,960,527
income—
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V.
railway
income—
oper.
162,
due Aug. 1, 1985, was offered July 31
& Co. and 181 associates at lOiys and
140.
p.
Period End. June 30—
Gross
earnings
Interest
Deprec.
Prov.
487,461
1,836,307
1,883,771
$140,716
$216,162
$545,959
$1,033,898
registered
authorized
68,500
112,400
317,700
$102,605
$252,792
$536,305
in denominations of $1,000, $5,000, $10,000, $100,000 and
multiples of $100,000.
Coupon and registered debentures
interchangeable.
Debentures will be redeemable at option of company as a whole or
'in part at any time prior to maturity on at least 30 days' notice; the
initial redemption price being 107 plus interest.
to be applied toward the retirement of
the
company's 25-year 3>/4%
debentures, due April 1, 1962, to be
called for redemption on Oct. 1, 1945, at 103 and interest.
proceeds
Purpose—Net
Total
oper.
1945—Month—1944
Other
of
System-
1945—6 Mos.—1944
$10,483,523 $10,135,868 $61,040,400 $58,672,860
I,377,988
1,332,097
7,775,556
7,997,426
II,818,894
1,787,721
10,437,972
10,634,371
'3,299,411
3,167,551
19,434,927
18,999,822
550,656
547,249
3,285,217
3,200,856
revenues—
Malnt, of way & struct.
Maint. of equipment
Transport,
Ry.—Earns,
expenses
expenses
Total
oper.
expenses,
$7,046,949
oper.
Income—
$1,506,462
$1,468,473
Capitalization Outstanding as of Dec. 31, 1944
.,
debentures, due April 1, 1962
40-year 3% debentures, due July 1, 1979
30-year 2%% debentures, due Sept. 1, 1972
Capital stock (par
Other income
47,193
$8,169,065
debentures for redemption on Oct.
1
'
Earnings for'Calendar Years
:r;
1944
'
1943
•'
1942
1941
29,614
218,982
161,163
$1,556,655.
$1,498,087
3,921
3,961
$9,466,163
23,747
$8,330,228
28,5*7
•
—
Income
Deducts,
from
—
income..
'
1
.
Total
*$45,000,000
25,000,000
35,000,000
——175,000,000
♦Company Intends to call these
1, 1945.
$9,247;181
are
25-year 3J/4%
$6,834,619 $40,933,671 $40,832,476
Net ry.
avail,
charges
♦After
for
fixed
1
——
deductions
of
Co.
Toll
service
'
$
$
■■
■
'
$
■'
R.
$1,552,734
$1,494,126
profits
taxes, compared
period last year.—V. 162,
six
to
1
,
Total
Inc.
s
—
Inc.
—--.v.—
June
$9,442,416
$8,301,711
p.
June—
Gross
Net
Other
Other
oper.
oper.
Net
ry.
Net
RR.—Earnings—
t
Other
oper.
'
From Jan. 1—
$224,484
$189,990
$142,278
41,697
♦20,922
18,949
*764
*9,982
income
1944
$252,193
railway—
railway
*74,414
*23,962
1,316,223
1,200,638
813,595
270,670
38,505
7,297
100,000
100,000
Putnam
500,000
F.
Net
from
Inc.
from
Net ry.
railway—
*209,799
1,377,295.
71,533
9,117"-
income:— ■*272,748
♦Deficit.—V. 162, p. 140.
oper.
*320,702
&
Co.,
100,000
_:
'Ransom-Davidson
Co.,
Inc*
150,000
_
Rauscher,
Pierce & Co.,
Reinholdt
&
100,000
•
Gardner-
100,000
Reynolds & Co
Daniel
Riter
F.
&
150,000
Rice & Co.__
100,000
Co._
300,000
The. Robinson-
Humphrey Co
Rogers
400,000
Hartley
E.
H.
Rollins
&
&
Co._
100,000
Sons
L.
Rothschild
F.
Russ
1,250,000
&
&
Co.
1,250,000
100,000
100,000
Scott, Horner & Mason,
-
oper.
Lord;
__i.—
250,006
-
.Green, Ellis & Anderson
Greenman .& Cook, • Inc.-:
Gregory & Son, Inc.—
Hallgarten & Co
Sterne,
Stifel,
income
..
Haydon
Harley,
&
Inc.
Wm.
"
Co.,
*
100,000
-
P. Harper
Carter H. Harrison & Co.
100,000
100,000
-1
300,0QG
Co.
J——
&
Haupt
Co
Hawkins
Robert
&
Co.,
income
Hfisman
H.
&
Business—Company
American
capital
Telephone
stock.
was
Townsend, Dabney &:
Tyson
;;
100,000
Tucker," Anthony
& Co.
Corp
800,000
Wainwright & Co.
100,000
100,000
Weeden
&
250,000
Weil
-Arnold-
Co.—
Corp.
of ^'7:
Norfolk
—
Johnston, Lemon & Co._
D.
Thomas
& Co.
Jones
Kalman & Co.,
Inc.-—i
Kemp
&
Co.—
Wheelock
150,000
100,000
150,000
1,100,000
11,694,076
W.
10,850,000
Lucien
B.
Layne & Co._
Loewi
&
Co.——
100,000
and
Telegraph
Co.
owns
all
■-
of
the
■v":':
company's
■>■■
Burns
Corbett,
&
Inc
100,000
1,250,000
Cummins,
100,000
V,
Hattier
&
;
150,000
-
The White-Phillips
: Incv:'
Harold E; Wood- &
Co—
100,000
Wcodard-Elwood
7
Co—
100,000
&
Co.,
100,000
Woolfolk, Huggins &
Shober
'100,000
100,000
Inc
Wurts, Dulles & Co.—
100,000
Wyatt, Neal & Waggoner
&
100,000
F.
100,000
S.
Yantis
Yarnall
is engaged in the telephone business in the States ot
Florida,
Georgia, Kentucky, Louisiana, Mississippi,
North
South Carolina and Tennessee.
•
:
♦
>v
Co.,
Sanford
100,000
Martin,
100,000
Inc.
White,
100,000;
100,000
100,000
11,375,000
1879.
&
Co.
.
11,552,037
Langley & Co.
C.
Wertheim & Co
100,000
200,000
—
11,375,000
Dec. 20,
100,000
Watkins,. Morrow & Co.
^
12,514,227
on
.150,000
Washburn
11,375,000
incorporated in New York
100,000
250,000
,
Co,—;
H.
Co.,
Inc.
ffirsch &
C.
,-
Wachob-Bender
12,028,517
declared——
Co
100,000
250,000
100,000
Laird, Bissell & Meeds—
Dividends
Co
-
-
16,411,599-,15,354,450
3,385,140
&
&
E. W. Thomas and
8,598,475
15,079,216
100 000
Stokes
Thomas
a- •:
& Son &
1
1
9,186,828
3,433,113
150,000
1-
Stix & Co
'
10,104,149
14,985,150
100,000
Co.,
Walter
16,785,057
3,400,947
&
Swiss American Corp
Thomas H. Temple Co-
16,300,949
15,915,174
Leach__
Nicolaus
Inc.
100,000
3,373,279
200,000
100,000
1
15,401,796
&
Co.—
100,000
Heller, Bruce & Co
-
Agee
150,000
150,000
■
„
& Co.—
Hanauer
B.
Edward
Total
.
100,000
Co._£_
Hannahs. Ballin & Lee—
J.
J.
Dr369,300
&
Stern. Brothers &
100,000
400,000
800,000
Hill & Co.———L—i
Dr496,425
100,000
Scrib-
150,000
300,000
12,137,102
Dr469,031
Co.
&
Stein Bros. & .Boyce-_
16,278,329
15,380,039
Dr300,823
100,000
&
Deane
ner
Granbery, Marache &
29,645,632
(net)-,.i
Simon
Starkweather
15,870,827*
income-
income
M.
Smith, Moore & Co.-:_—
13,460,834
6,300,994
100,000
Showers
100,000
10,726,208
income
Robert
300,000
36,163,124
10,939,853.
taxes
150,000
1,250,000
Graham; Parsons & Co._
14,482,475
17,509,746
100,000
_
Foster & Marshall
Fitzgerald & Co.—
45,506,465
18,602,251
Stringfellow—
Seasongood & Mayer-
100,000
100,000
20,845,698
&
Shields & Co
I.
15,246,450
on
100,000
100,000
200,000
Hawley, Shepard & Co._
expenses
Interest deductions™.
Net
.
Co
Putnam
Singer,
88,340,571
1942
-
railway
&
L.
-
Gross
Co.,
Prescptt, Wright, Snider
Co.'
100,000
100,000
131,264,141 121,891,996 102,614,835
67,289,903
50,381,763
*41,222
1943
&
Co._-,„
52,274,009
oper.
Federal taxes
140.
1945
from
from
Pollock
Schmidt, Poole &■ Co.—
;
Corp.
Investment
San Antonio Uvalde & Gulf
E.
100,000
Field, Richards & Co—
The
First
Cleveland
55,313,357
29,478,288
Depreciation
30,
months'
Wm.
100,000
100,000
-
61,002,654
37,633,664
70,091,666
56,615,692
revenues—
revenuesCurrent maintenance
in June, 1945, and $7,849,987 in
1945, for estimated income and excess
with $1,306,747 in month and $6,530 238* in
Jan.
Phillips, Schmertz & Co.
100,000
100,000
-
100,000
•_*
_?
Inc.
-
—
Douglas—
M.
Chris-
Writer &
Phelps,; Fenn & Co.^_w— 1,250,000
100,000
J.
Ira
Local sendee revenues—
$1,383,986
period
Peters,
tensen, Inc.
400,000
Inc.
♦Bal.
*
Scott
80,939
Francisco
100,000
.
Schoellkopf &
Doolittle,
100,000
Chas. W. Scranton & Co.
98,954
161. p. 2115.
Period End. June 30—
Kendall, Inc.
Perrin, West & Winslow,
100,000
$57,063
St. Louis-San
Patterson, Copeland &
•
—
John
150,000
100,000
200,000
38,200
—
1
Inc.
150,000
Co.—
._i
76,702
v
Dittm'ar & Co.-—
,
Northwest
Pacific
Park-Shaughnessy & Co.
Farwell, Chapman & Co.
Ferris Exnicios
& Co.,
Aug. 1, 1945: due Aug. 1, 1985.
Interest payable on Feb. 1
and
Aug. 1 at agency of company in New York City.
Coupon in
denomination of
$1,000 registerable as to principal only and fully
104,065
26,388
The is¬
Co.,
Dickson
; 100,000
1,250,000
—
Edwards, (Inc.—_
Elkins, Morris
Co.—
Clement A. Evans & Co.,
19,373
.
Otis & Co.—
800,000
&
was
25,684
19,065
.
tax
inc.
Fed,
Net income
467,575
& Co
Dick & Merle-Smith
S.
100,000
100,000
Pacific. Co. of California;
100,000
300,000
Davis, Skaggs & Co
R.
__11__
O'Gara
"
100,000
100,000
100,000
.—
&
&
Co., Inc.
Co
100,000
Company
Schenley
Bank
Distillers
Credit
announced
ment dated
Corp.—Consummates
Agreement—The
corporation
Alabama,
$75,000,000
on July 30
Carolina,
»
consummation of
as
of-
a
new
bank credit
agree¬
Aug. 1, 1945, with 23 banks, making
available total credits of
$75,000,000 for ten years. An
On March
To Redeem 3V\%
The
31, 1945, the company had 1,792,628 telephones in service.
Company estimates that other, telephone companies
had
approximately
490,000 telephones in service on Dec. 31, 1944, in the States in which
it does business.
Practically^ all such other companies have connec¬
company
Debentures
has called
on
for redemption
Oct. 1—
on
Oct.
1,
next,
all
of-its
outstanding 25-year 3V4%
debentures due April .1, 1962, at 103 and
interest.
Payment will be made at the Bankers Trust Co., trustee,
16
Wall
St.,
New- York,
«
300,000
& Co._v_
Smith:
The
Dallas Union Trust Co._
r.?."*
100,000
Hirshberg, Inc.
Baudean &
O'Neal, Alden & Co.,
! Inc. .-'I—•l.t^ll^—_
&
J. M. Dain & Co.—
John Dane
Newton & Co.—_
M.
Alfred
150,000
l
/■■*>•
Dated
$2,917,669
_
charges
& depletion
for
$2,382,266
interest.
ed July 30 on a
1945>—12.Mos/—1944-
$683,736
taxes
&
expenses
Net
1945—3 Mos.—1944
$628-;177
earnings
Cost,
*-V.
.
2%% debentures
by Halsey* Stuart
quickly oversubscribed. The issue was award¬
bid of 100.5599. The only other bid was
by Morgan Stanley & Co. and associates, who bid 99.819.
sue
St. Louis, Rocky Mountain &• Pacific Co*—Earnings—
E.
Nusloch,
100,000
100,000
Dempsey
fered—-An issue of $45,000,000 40-year
& Co._
Inc.
Curtiss, House "& CflT—-
150,000
&
Hanoi™ .100,000
100,000
Newburger, Loeb & Co._
Norris &
200,000
Co.,
Southern Bell Telephone & Telegraph Co.—Bonds Of¬
>•-
railway
,,,
200,000
1
Cunningham
K.
S.
Co.
100,000
100,000
Co
&
Cruttenden
193,343
'
$1,456,140.
1942
,
462,896
$1,387,424
railway
railway—
oper.
1943
1944
Cooley
an extra
Securities
Newbold's Son
H.
250,000
Newburger &
800,000
JuJien Collins & Co
dividend of 75 cents per
share and the regular quarterly dividend of 75 cents per share on the
common
stock, both payable Aug. 15 to holders of record July 31.
This brings total dividends for the fiscal year ending Aug. 31, 1945,
to $3.75 per share, as compared with $3 paid in the previous year.
A.
W.
Steudel, President,
stated that the sales volume for the
current fiscal year from. Sept. l, 1944, exceeded that of the previous
year by about 9%.—V. 161, p. 2666.
directors on July 24 declared
The
W.
100,000
.
Ross & Co.—
150,000
Inc
& Burr,
100,000
Cabot—
Moors
Nashville
900,000..
100,000
Middlebrook
&
Coburn
-150,000
Mullaney,
100,000
Co.
(Inc.)
Sherwin-Williams Co., Cleveland—Extra Dividend—
Power Co.- -Changes
& Co.—
Cassell &
F.
C.
Coffin
St.* Joseph
Cahn
B.
100,000
<■
Mosle and Moreland
Central
profit
♦On
.: '
800,000
100,000
100,000
100,000
Phillips & Co.
John B. Carroll & Co.—
Thei corporation has
;
Sherrerd—
&
Caldwell
129,600
.
850,000:'
100,000..
Inc
Co.,
Byllesby and Co.,
Frank
1944
$1,032,818
85,601
34,240
$935,935
income after charges..
Fed.
shares' of its
M.
Inc;
'
1945
30—
sales—
Net
Safeway Stores, Inc.—Partial Redemption—
&
Butcher
400,000
Co._—_
Monell & Co.__
Lynch •
100,000
100,000
100,000
100,000
Burr
100,000
Miller &
C.
Milwaukee
Minsch,
150,000
&
R.
&
100,000
,100,000
Monroe
>
Moore, .Leonard:
Co.—
Bradford
C,
W.
The
and Co.
Brooke;. Stokes-'& Co.—
Brooke, Tindall & Co.—
Brush, Slocumb & Co.—
J'.
3,238,595
H.
6 Months Ended June
called for redemption on Oct 1, next, 41,200
outstanding"' 5% cumulative preferred stock at $110 per
share and dividends.
Payment will be made at the Chase National
Bank of
the City of New York,
11 Broad St., New York, N. Y.—
V. 162, p.
'
72,826,430
28,622,622
23,391,481
E.
100,000
Bosworth, Chanute,
Louehridge & Co.-—_
$9,215,312
&
.
750,000 :
& Co.—
Blair
Braun,
from
*; 100,coo
:
Boettcher and
100,000
McKnight, Inc.———'
Inc«y--150,000:
Barro^v Leary/&-Co:__C
100,000.
Jack M. Bass & Coi„^
100,000
Baum, Bernheimer Co.__
100,000
Bear, Stearns & Co.—_ 1,250,000
Bingham, Sheldon & Ccu . 100,000
Bioren & Co
100,000.
Blair & Co.;. Inc.^__—i. 1,250,000
1942
1943
Co.,
•—7—'
Metropolitan Bt. Louis '
,;,
Bond: Co.,
Bankers
The
100,000
&
150,000
&
Inc.
Inc.100,000,
William
''41944
Co.,
&
150,000
100,000
Co.^__—_
Mericica
J.
Wm.
400,000
Adams
Ballou,
and
?
Net
1
together
&
ridge
Milhous,.: Martin
200,000
300,000
100,000
& * • Co.—
McMaster Hutchinson
150,000,
100,000
Redpath
See V. 162, p. 501.
$10,549,816 $11,304,051 $11,409,605
3,137,034
4,010,319
5,045,387
1,478,645
1,792,029
1,650,504
railway——:
Net ry. oper. income—
—V. 162. p. 500,
Net
500.
p.
price,
1945, will be made upon presentation
Mather
McCourtney-Brecken-
&,
Baker, Weeks & Harden
2,035,149
72,097
railway
income—
oper.
from
Gross
61,418
From Jan. 1—
Gross
ry.
From Jan. 1—
$352,309
93,273
__—_
Income—,
oper.
ry.
$486,417
railway—
Gross; from
Net
railway—..
railway
from
Net
1942
1943
194*
1945
•
redemption
full
the
1,
i
from
Gross
.
of
Sept.
.
$100,000
& Co.—„
Masten
E.
Morris
100,000
100,0Q0
Bacon, Whipple & Co._^
,
Seaboard Air Line Ry.—Earnings—
Rutland RR.—Earnings—
June—
payment
June—
.V, 162, p. 500.
.
;
Parker
Auchincloss,
ha* called for- redemption on Sept. 1, 1945, $56,500
of guaranteed 6% bonds, series A, due July l, 1958, at 100 and in¬
terest.
Payment will be made at the Underwriters Trust Co., trustee,
50 Broadway, New York, N. Y.—V. 162, p. 140.
35,000 shares of $100
and 500,000 shares of
of
$1,200,000
The: corporation
1
Trust Co.,
Lawyers
stock
ferred
fund,
A.
.
100.000
:
Inc. —______
Atkinson, Jones & Co._
Atwill and Co.——.'
A: E. Aub As
Schnlco Cov, Inc.—Partial Redemption*—
Sherrerd, Battles & Co., Inc., the
W. Scranton & Co., and Putnam. & Co,
(Jacob) Ruppert—Registrar Appointed—
registrar
i
•;
-
•
Mason, Moran & Co.
$4,450,000
100,000
'
underwritten are set
Marx & Co.__—
Applegate—; 100,000.
and S. Bleich.-
Arnhold
for
called
surrender of the called debentures.
&
161, p. 2226.
;
.
:
-
interest to
accrued
par) common stock now outstanding and owned by the'General Water,
Gas & Electric Corp.,. which will receive the net proceeds from sale
of the securities to the public at a price to be supplied by amendment.
Southern Securities Corp-., Chas.
-
inc
Geo: * G.
Debentures—
has
sinking
Y.
N.
Immediate
July 27 registered with the SEC 30,500 shares (no,
The company on
the
of
York,
New
i
corporation
debentures
••••'•
»• '
A. C. .Ailyn and Co.: Inc.» ■ 800,006.
Ames, Emerich & Cov,
.
redemption on Sept? I, next, for
of the outstanding 10-year
*% sinking fund debentures due March* 1, 1952, at 100 and interest.
Payment will be made at the- Bankers Trust Co., trustee, 16 Wall St.,
The
account
the
.
and^the
underwriter
principal
•
Inc.
at any time
1945,
and with telephone systems
each
r-1
roeder,
<
Net
1,
including
company
■
of
Co.,
Allison-Williams Co.——
of
$11,400,000
which
United States
name
amounts of
&
S.tuart
Halsey,
.
maining
its terri¬
companies,
connecting
Co.,
below:
forth
;
above
with
in
of
..
.
Knoxville,
Chattanooga,
and
La.,
Telegraph
Telephone and
respective principal
Annuities, Philadelphia
In
Co.,
The Toledo Trust Co.
Granting
and
Lives
on
Trust
&
Winston-Salem, N. C.
Bank, Atlanta
The Boatmen's National Bank
company's
conjunction with other companies, principally American Telephone and
Telegraph Co., through which company the company and its con¬
necting companies have connections for the interchange of
traffic
with all other companies
of the Bell System and their connecting
First National
Bank, Pittsburgh*
National
Mellon
York
■
Bank
Wachovia
the
has reserved
the exclusive right to transact interstate toll business between nu¬
merous points within the company's territory.
Company also furnishes
toll service between points within and points outside of its territory in
Bank, Philadelphia
Fidelity Bank & Trust
Co., Louisville '
conjunction
in
partly
tory,
First National
Citizens
of
50%
furnishes toll service between points within
company
American
Bank
National
& Trust Co. of New
National
Los
The
Y.
N.
Commercial
The
of
Angeles
Bank of Detroit
Bank of the Manhattan Co.
1
all but 11,300 shares were converted into common stock.
giving effect to the redemption of these remaining shares, on
Aug. 1,
the outstanding capitalization consists of 796,975 common
Chares.—V. 162, p. 500.
1
;'V*
/
.7
tion
Bank
-
National
■
•
.
-
Security-First
•
ed Into
National
First
Continental Illinois National Bank
& Trust Co. of Chicago
Co.—Preferred Stock Convert¬
Rheem Manufacturing
Rochester,
Approximately
population.
New Orleans and Shreveport,
Memphis and Nashville, Tenn.
Co.,
Trust
Rochester
Lincoln
of
1
Boston
$876,268
$622,622
$343,377
$251,646
Bank
National
Chicago
.
r
Ky.;
Cincinnati
York
First
The
2,635,264
Louis
Bank,
St.
in
Savings
The Fifth Third Union Trust Co.,
Bank of the City
National
New
The
167,764.
:
2,215,093
Pr0f'
eXC'
I
572,294
419,410
of
&
Trust
Chicago
Chase
$2,839,149
—_
—
Bank
National
Harris
cisco
-1944
Period End. June 30—
Net
First
t,
,
75,000
over
telephones are located in the 15 largest exchange areas, each having
populations of 125,000 or more, which include the following cities:
Birmingham and Mobile, Ala.; Charlotte, N. C.; Charleston, SC.;
Jacksonville and Miami, Fla.; Atlanta and Savannah, Ga.; Louisville,
National Bank
The Philadelphia
York
National Trust &
San Fran¬
of
26
in the new agreement are:
Savings Association,
' '
.
„
furnishes local service in 948 exchange areas including
■
Company
ten-year 4% sinking fund debentures (see below).
It
no outstanding bank loans.
The banks participating
Bank of America
Reliable Stores Corp. (&
therefrom.
,
has
Bankers Trust Co., New
the company for the interchange of traffic under agree¬
providing for the handling of toll calls and division of revenues
ments
available credits of $63,000,000 is being
The corporation recently called all of its
made
.
with
tions
1944,
credit agreement dated April 1,
existing bank
International Ship¬
—
which
ments—
Monday, August 6, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
€08
N. Y.—V.
162, p. 502.
i
Volume 162
Sierra Pacific Power
Period End. June 30—
Net income—
$2,738,918
659,804
554,046
sought authority to acquire 20%, 30%
30%, respectively, of the voting securities of Kingfisher Gas Co.
The SEC reserved jurisdiction over Southern Union's, alternate pro¬
posal to sell both its Oklahoma gas and water properties to either
Kingfisher Water or, Kingfisher Gas in the event that the other fails
$2,612,598
-085,509
580,333
to
consummate
Skelly Oil Co.—Calls 3% Debentures—
the
called for redemption on Aug. 29, 1945
■will be made at the Central Hanover
.
K
June
Gross
payable to banks; $2,250,000 of V/4V0
Net
,':'
from
•Net
Earnings
share
per
•After
all
capital stock
on
from
Net
ry.
$2.20
—
1944
1943
—V.
25,924
14,998
19,237
47,033
June
30,
and
1960,
redeemable to
are
1,048,555
480,146
141,662
income
215,614
115,662
185,745
63,613
2,934,152
2,619,929
1,220,128
647,672
1;937,821
839,631
1,106,888
1,191,"772
553,901
railway
railwav
income—
oper.
162.
The
581,013
329,247
1,051,286
540,785
228,459
118,215
1945
from
ry.
railway—-
489,361
13,894
53,
P.
171,127
is
127,916
26,028*
237,114:
V
■
1944
shares
notes.—V.
to
of
Lowell
from
President of TACA,
200,000 shares.
There are about *775,000
outstanding, plus $1,400,000 of convertibleYerex,
retain
TACA
162, p. 289.
(James) Talcott, Inc.—Earnings —
6*Mos.End. June 30—
1945
1944
780,646
962,162
821,910
330,576
572,404
Prov.
est.
$2,035,146
1942
$449,143
$461,690
108,000
120,000
207,800
143,600
169,400
120,800
$181,368
$0.43
$190,638
$0.46
.
Federal
tax
352,172
for
$468,038
112,800
Prov.
1943
$437,768
Operating net profit
1942
1943
$2,256,670
~
Sold Privately—G. H.
privately in the United States
'
obtained
was
understood
152,323
203,655
income
oper.
block
common
$2,565,540
946,815
rail way
from
Net
normal income & sur¬
$1,624,937,
for
Fed.
excess
profits tax
From Jan. 1—
,
■■
Gross
from
Net
cluding June 30, 1946, at 105%, and thereafter each June 30 at grad¬
uated prices to 100Vfe% to June 30, 1956, and thereafter at par.
Proceeds from the financing will approximate $2,455,000, of which
about $1,490,000 will be used to redeem at 104%
the $1,437,000 of
from
Net
in¬
and
1943
$209,308
242,202
115,965
and South America.
53.
p.
Net
offering of a new issue of $2,500,000 of first mortgage
4y4% sinking fund bonds at 102^2% and accrued int.
due
from
who
1,146,684
railway
oper.
162,
Gross
South Coast Corp.—Bonds Offered—A banking group
headed by Paul H. Davis & Co. on Aug. 1 made a public
are
.
$386,466
100,000 shares of common stock of this Panama cor¬
poration with operating subsidiaries throughout Central
63,876
Spokane Portland & Seattle Ry.—Earnings—
charges and taxes.—V. 162, p.' 52.
bonds
from
Net ry.
$129,609
49,177
June—
The
Net
—v.
1942
$168,444
52,083
$146,441
78,500
...
From January 1—
Gross from railway—
1944
$263,999
$1.67
profit
1Q4Q
,
$495,398
Walker & Co. has placed
1945
railway.
Net ry. oper. income...
Works—Earnings—
1945 $200,797
1Q44
$510,509
,
$189,814
railway.
from
Net
South Bend Lathe
.
TACA Airways, S. A.—Shares
and
6 Months Ended May 31—
1Q4R
from
from
Gross
Spokane International RR.—Earnings-
giving effect to the present financing, the outstanding funded
capitalization will consist of $500,000 of 3%%
series A
series B notes, payable to
banks, both covered under Regulation V-Loan agreement;
100,000
shares of 90-cent cumulative
convertible preferred stock
(par $15)
and 433,352 shares of common stock (par $1) .—V. 162, p. 395.
debt
debenture
•
'Prom'Jan. 1—•
corporation has purchased the Dorris-Heyman Co.,
largest
furnishing merchants of Arizona, with stores in Phoenix and
Tucson, M, J. Sprague Jr., President, has announced.
The purchase makes a total of eight large retail home furnishings
stores now operated by the Spiegel company.—V. 162, p. 502.
After
notes
and
•
railway
railway..—;.—
Net ry. oper. income
home
3, 50,000 shares of common stock.
The
stock was priced to the public at $17,625 per,share.
Other principal underwriters are Alex, Brown & Sons
and The Ohio Company.
Aug.
expired,
Rapid Transit Ry.—Earnings
Jimp—
Gross
Net
The
headed by Reynolds & Co. offered, after the close of the
market
and
1
Staten Island
,
abandoned
2490*
p.
Spiegel, Inc.—Further Expansion—
Co*—Stock Offered—A banking group
Solar Aircraft
,
leases
''
'
proceeds from sale of capital assets during the nln« >
months ended May 31, 1945. were used in part to redeem 3 % % deben¬
tures in the principal amount of $4,165,000 on June 25, 1945.
Bondsoutstanding after this redemption amounted to $10,000,000.—V. 161,
'
The company has called for redemption on Aug. 25, next, all of its
outstanding $2 series A preferred stock at $52.50 per share and divi¬
dends.—V. 161, p. 2793.
: v;.
debentures due Feb.
outstanding 3%
acquisition.—V. 161, p. 2597.
leases/
Note—Cash
Spicer Manufacturing Co.—Calls Preferred Stock—
1, 1950, have been
at 10IV2 and interest. Payment
Bank & Trust Co., trustee; 70
Broadway, New York, N. Y.—V. 162, p. 502.
of
Undeveloped
'interest.
and
•After retirement reserve accruals.—V. 162, p. 288.
All
60S
related transaction in which E. R. Bahan, Walter
a
Bahan and Merle A. Bahan
J.
1945—12 Mos.—1944
$213,464
54,167
45,671
$216,920
51,707
42,842
revenues—^
income
mission sanctioned
Co.^-Earnings—
-1945—Month—1944
'
Operating
•Gross
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
ry.
13,614,119
4,530,114
1,707,836
railway—_
railway—
income...
oper.
—V. 162. P.
174.
11,461,153
3,869,841
3,371,917
2,512,685
/
8,473,983
5,749,546
11,941,976
3,379,549
1,431,251
Net
profit
——/
•Earns, per com. share•On
.
■
_•
$208,343
$0.52
$253,890
$0.66
,
322,056 shares of common stock outstanding.—V. 162, p. 503.
•
first
(closed)
—V.
162,
mortgage
395.
„
sinking
5%
fund
bonds
due
Dec.
1955.
31,
Rubert
;
The directors
stock,
common
the
other
have
declared
1
35
1 to holders of
holders of
to
dividends of
two
payable Sept.
one
Dec.
on
Comp¬
Chicago
about Sept. 1 to become Financial Vice-President of Standard Oil Co.
(Indiana).
In his new capacity, he will centralize supervision of
financial, accounting and tax affairs in one executive possessed of
broad knowledge and experience in the field of finance.
These iaffairs
are
now
being supervised by the Chairman of the board directly.*
record
record
the
on
15,
Aug.
Like
15.
Nov.
each
cents
amounts
and
were
on
In
March 1, June 1 and
Sept. 1, 37% cents regular and 12% cents extra; Dec. 1, 50 cents regu¬
lar and 50 cents extra; and Dec. 18, 100% in stock.—V. 162, p. 502.
l
Southern Colorado Power Co.—Weekly Output—
this
•
for the week ended July 28, 1945,
1,952,000 kwh. for the corre¬
increase of 11.9%—V. 162, p. 502.
company
sponding week last year, an
Treasurer,
Net
Southern Ice Co.,
Inc.—Tenders Sought—
of the City of New
r> The Chase National Bank
;
.
York, successor corpo¬
rate
trustee,- 11 Broad St., New York, N. Y., will until 12 o'clock noon
1945, receive bids for the sale to it of first-mortgage gold
bonds, convertible 6% series, due Feb. 1, 1946, of Southern Ice &
;Utilities Co., to an amount sufficient to exhaust the sum of $40,076,
at prices not to exceed par and accrued interest.—V. 161, p. 707.
w
on.Aug. 9,
the
Net
Net
of 25
Cents—
,
$25,
loan
Birmingham
Southern Natural, Gas Co.—Purchase of
will
underwriters
presently
present time owned by Southern, Southern
shares of said stock.—V. 162, p. 395.
Pacific
Southern
the
before
direct
a
first
securities,
of
lien
approximately
the
Net
about
on
about
on
3,900
miles
2,800
1,100
miles.
of
additional
The
reach
lines
and,
road
of
miles
Golden
of
The
El
State
Route
Paso.
of
the
and
company
the
Sunset
redemption on Jan. 1, 1946, of the
$159,459,000 Southern Pacific RR. first and refunding mortgage bonds
at 105, of which $143,473,500 are owned by the public and $15,985,500
by
Southern
Southern
under
Pacific
Pacific
the
$25,000,000
of
Co.
bonds
To
will
RR.
'first
new
provide for
sell
funds for this redemption,
of bonds to be issued
An
additional
The
Co.
At
Pacific Co.
As
a
v./
.
..
result
of
'
this
operation,
outstanding debt of Southern Pacific
reduction
(excluding equipment obligations) since Jan. 1, 1940, will
approximately $216,000,000.
The remaining debt other than equip¬
ment obligations then outstanding will be less than $500,000,000.
*
be
charges,
which
since
Jan.
1,
about
1940, have been
further material
reduced
by
Earnings
for June
June—
Year
and
1945
to
P.
Net
Date
1943
1944
Net
ry.
railway.,.—^
oper. income—
Prom Jan. 1—
Gross
from
.
-
15,663,442
3,761,480
13,564,004
3,623,126
12,774,823
5,325,350 :
5,702,881
-
-----
-
19,039,308
railway..
248,899,044 244,856,065 225,819,887 158,856.893
Net from railway—
75,338,586
75,977,908
92,074,844
57,564,464
Net ry. oper. income—
19,004,838
19,551,738
33,227,960
28,963,524
—V.
162,
June—
.
Gross
from
from
Net ry.
railway..
...
railway^....
oper.
income.
—
~
1945
1944
1943
in
All of
and
'
plant
sion
Superior Oil Co.
from
railway..
frpm railway
Net ry. oper. income.
„
135,556,624 129,214,464 120,669,729
89,875,646
—
54,633,999
52.668,872
57,363,822
35,510,761
...
16,412,480
16,565,960
17,348,286
Gross
such
1945
S
—V.
earnings w~.
162, p. 502.
—
6,040,584
July 21
1944
$
;
Jan. 1 to July 21
$9,113,333
133,892
1944
1945
$
-*'•
»
——
$9,247,225
5,390,903
^
Net
profit
Provision
tax and
for
before
Fed.
Fed. inc. taxes
normal
surtax———
$2,661,512
$6,712,788
income
~
.—-
$3,856,322
4
200,000
.
Southern .Union Gas Co.—Sale of Properties—
$6,712,788
$2,661,512
?$15.87
--$6.29
Net profit Earnings per common share—-i.-..
erties to Kingfisher-Water Co. for
$70,000:
profit per share from normal operations was5 $7.33.
intangible development costs, depletion -and -depreciation,
Subject to the conditions of Rule U-24, the SEC on July 31 approved
At the same time the Com¬
cents
par
•Net
.
Outstanding
500,000 shs.
value)-.
purchase
460,000 shs.
Kobbe, Gearhart & Co.. Inc.,
warrant
shall entitle the
holder thereof to pur-
corporation -at any time after one year but before two
.stock at $5.50 per share.
Underwriters—Kobbe, Gearhart & Co., Inc.,-and Newburger & Hano.
"
V
" Consolidated Income Account, 6 Months Ended May 31, 1945
Income
from
Income from
coin
washing machines———————
$63,337
on machines.^^.-^.——22,136
service
operations
$85,493:
72,13ft
$13,363
Total
Cost
of
Profit
$3,656,322
$8.64
tIncludes
rents of
6,837
sale of securities—./——.———-^.
on
'
$20,200
Net profit before income taxes.—r—.
Estimated Federal income taxes——
■
'
Net
5,300*
profit
on
—
preferred stock (now retired)
————.
Consolidated Balance Sheet, May 81.
•••; $14,90®
1,97?
1915
accounts receivable,
$11.3*6/ customers' deposits on orders for future delivery (contra),
$11,500; affiliated companies, not consolidated, $12,697; general in vest¬
ments (at cost), $31,011; equipment (as valued by directors), $46,333#
Assets—Cash
total,
in
banks
and
on
hand,
$185,996.
than income taxes,
271; customers'- deposits on
for taxes,! other
taxes
$8
$11500; common
$71,099;
r
Liabilities—Accounts, payable and
the
proposal of company to sell its: Oklahoma Gas properties to
Kingfisher Gas Co. for $237,000. and to-sell its-Oklahoma Water prop¬
(10
from the
Dividends
income
—.
6,677,816 194,700,183 190.766,202
stock
Chase
1943
'
$12,522,739 $11,682,739
tExpenditures and charges
9,421,112
9,021,227
Gain on sale of capital assets (net) Cr3,611,161
'
—"
Total
Week End.
stock
Operating profit
1944
$12,301,734 $11,405,375
221,005
277,364
-
income (net)—.
experimental stores and the
justify extension and expan¬
years from Sept. l, 1945, one share of common
$19,163,855 $17,603,367 $13,885,342
6,862,121: 6,197,992
4,772,009
17,979,626
Period—•
Gross
profit
Miscellaneous
several
not subscribed
and
paid for by the stockholders, corporation will
promptly thereafter sell and deliver them, or such person or persons
as
they may designate, 20,000 stock purchase warrants, in each case
at and for the sum of five cents per stock purchase warrant.
Each
From Jan. 1—
Gross
Net
opened
has
operation.
Options—Corporation has agreed with
(Calif.)—Earnings—
Operating & general expenses—
their
of
and Newburger & Hano, the underwriters, that In the event that they
shall find purchasers for the total of 60.000 chares of common stock
it is announced.
It was
advantage of the V-loan
1945
merchandising.
Authorized
Co.—Pays V-Loan—
May 31—
of
Capitalization Giving Effect to Present Financing
given permission recently to resume making auto¬
production is scheduled to start at the Coraopolis,
month.—V. 161, p. 2489.
9 Month6 Ended
fields
corporation
Common
the shares of the cumulative
Net production & other oper. rev.
other
results in the opinion of the management
made an original commitment on June 5,
At one time- the borrowings against the
this
Inc.
the
The
400,000
The company was
mobile bumpers and
r
1942
issue of
$7,280,000.
Pa.,
$21,462,748 $21,591,285 $19,701,229 $17*437,472
C,086,987
8,825,256
9,166,084
8,018,518
2,292,311
2,635,375
2,947,962
3,723,275
new
Laundries,
feels that except for a new development
corporation's business within the last six to eight months no*
new
financing would be necessary.
This new development is the
operation of the so-called "Laundrette" stores, which are self-service
laundry stores using Bendix coin-operated washing machines.
The
The
charge in these stores is 25 cents for 10 pounds of dry clothes.
customer puts the clothes Into the machine herself, and removes the
clothes herself.
It is an extension of the self-service Idea so popular
in
1942, for $35,*
000,000.
loan aggregated
something over $21,000,000.
On Nov. 30, 1943, arrangements were
made to extend the loan for two years for $14,560,000.
As a result
! of the payments now made the commitment has been cut in half to
Southern Ry.— -Earnings—
Net
a
one
plan
502.
p.
8.
present
Purpose—The management
par
The company has paid off all its V-loan,
of the first industrial concerns to take
1942
railway$44,910,455 $41,757,585 $42,550,814 $30,583,070
frbm
$10
Standard Steel Spring
-
from
of
preferred stock, series A,
been sold by the company to a group of underwriters headed by
Moseley & Co. See offering in V. 162, p. 502.
have
the board and President, respectively,
of
operate
Metered
,
preferred
stock
meeting of the common shareholders, held July 23, an amend¬
the Articles of Incorporation of the company was approved
annum.
$7,600,000, will be reduced by a
sum on the
completion of this refunding.
A quarterly dividend of 75 cents
per share has been declared pay¬
able Sept. 17 to holders of record Aug. 27.
Gross
common
shares of cumulative preferred stock
issuable in series; and at a subsequent meeting of the board of direc¬
tors held on the same day, a further amendment to the Articles of
Incorporation was adopted establishing the first series of the new cu¬
mulative preferred stock to be issued presently consisting of 200,000
shares to be known as cumulative preferred stock, series A, of the
par value of $100 per share, carrying a dividend rate of 3%%
per
the hands of the public will be decreased by an additional
$18,473,500.
Upon this refunding being completed, the total debt
and
Business—Corporation
was -organized
in Delaware
1943. * Upon organization corporation took -over.'the property,
of the,unincorporated business conducted under the name
Virginia, which owns and operates approximately 65 machines in
Alexandria, Va.
Corporation also owns 50-51% of the stock of the
following four companies, which may accordingly be considered sub¬
sidiaries, namely, 1st, 2nd and 3rd Mechanized Laundries, Inc., andk
to
creating
System in
Interest
,
of AVi %
share
<
purchase warrants for the purchase of 20,000 shares of
per-share .-at-any time after one year and on dt
from Sept. 1, 1945.
^
years
of
of
a
ment
com*
Corp., which in turn owns and operates approximately 8»
coin-operated Bendix Home Laundries In California, and Telecoin Corp.
New Preferred Issue Approved—
first
mortgage bonds will be guaranteed, principal and interest, by Southern
underwriting
Telecoin
$125,000,000
mortgage
authorized Aug. 2.
will be sold to Southern Pacific
the
on
stock may be converted into 5.825
value (with a cash adjustment
for any fractional share resulting from such conversion) until the close
of business on Sept. 4, 1945, at either the Chase National Bank or the
National City Bank of Cleveland,
Euclid Ave. and East Sixth St.,
Cleveland, Ohio.Each
shares
the
two
20,
At
and
(Ohio)—Redeems 4lk% Stock—
conversion agent.
Route
-
authorized
deduction of
after
announced on Aug.
was
demption
and
public
of this corporation.
the corporation and its wholly-owned subsidiaries own,
approximately 450 coin-operated Bendix Home Laundry
Machines, those of the corporation being located principally in apart¬
ment houses in all of the boroughs of N. Y. City, as well as in several
adjacent cities in New Jersey.
The
corporation now has two wholly-owned subsidiaries—Pacific
man
1944
1 that the corporation has called for re¬
Sept. 4, 1945, all of its 16,007 outstanding shares of 4%%
cumulative
convertible preferred stock at $105 per share and divi¬
dends.
Payment will be made at the Chase National Bank of the City
of New York, 11 Broad St., New York, N. Y., the redemption agent and
It
total
a
Francisco
San
<
directors
^ >
30
T..' $84,000,000 $71>000,000
.i/i————$3.07
$2.60
•••!-■
■.
„,,
Standard Oil Co.
pledge
by
road,
area, Los Angeles, Southern California,
the Pacific Coast
those two cities, the San Joaquin Valley, Phoenix and the
River Valley, and Tucson, Arizona, and include practically the
west
June
—V, 162, p. 502.
Bay
entire
earnings
-Earnings per share—-
between
Salt
Ended
1945
Subsidiary Bonds
Financing-
Co.—$159,459,000
Months
Six
for
the
to
of
The Telecoin Co., consisting of the ownership and
operation of
approximately
450
coin-operated Bendix Home Laundries;
located
chiefly in metropolitan N. Y. City and a small number of "adjacentNew Jersey cities.
The predecessor business mentioned was. started
in April of 1942 by Eugene R. Farny and Arthur W. Percival, Chalrf
on
lien
a
Earnings
'V
and business
,
1, 1945, all of Its
Co., Incorporated, 23 Wall St., New York, N. Y.—V. 162, p. 502.
Estimated
Aug. 2 announced that the directors approved
by Southern Pacific RR. of a first mortgage which will
creation
be
of
Mercier
&
United States Corporation Co.; registrar, Registra? Jfc
stock at $5.50
common
History
j
Theibompany has called for redemption on Sept.
192,176
stock
writers
$50,000,000 outstanding 15-year 2%% debentures due July 1, 1953, at
101% and interest. Payment will be made at the office of J. P. Morgan
-
"to Be Paid Off With Proceeds of New
president
owning
$0.3?
..
Nov.
Calls 2%% Debentures—
July 30 issued an order approving the proposal on the
part of Southern to purchase in the open market from time to time
.but prior to Dec. 31, 1945, at prices current at the time of purchase,
but not in excess of $9.50 per share, any or all of the outstanding
; 35,372 shares of common stock of Birmingham Gas Co. not at the
$82,781
$0.37
of 15%, or. 75 cents per share—no such commission is to b»
paid by the corporation in respect of shares subscribed and,paid for
by the stockholders.: '
In addition the corporation has agreed to issue and sell to the under*
at the end of 10 years.
on
$83,673
161, p. 1812.
mission
Stock—
V- The SEC
$39,765
$0.18
'
$0.19
54,000
The' offering to the public is subject to prior offering to stockholders
of record July 25 to subscribe for and purchase their pro rata propor¬
tions of the
60,000 shares at $4.25 per share, being the net price
receivable by the corporation from the sale of the shares sold by the
staggered maturities calling for payments of
seven, eight and nine years and for $35,000,000
in
22,366
$42,929
prolit per share
Transfer agent,
carry
each
•
56,000
22,739
Transfer Co.
Bank Loan—The
announced July 31 that it has borrowed $50,1000,000 at 1%% from a group of New York City banks
headed by Guaranty Trust Co. to provide funds for re¬
demption on Sept. 1, next of its $50,000,000 of 23A%
debentures due July 1, 1953. • : '
■
*
The
_„V
—_
$159,147
Telecom Corp.—Stock- Offered—Kobbe, Gearhart 8$
Co., Inc., and Newburger & Hano on July 31 offered
60,000 shares of common stock (par 100) at $5 per shares
,
company
-
profit
$162,412
-
.
,
V
surtax-
&
v.
1945—6 Mos.—1944
$74,904
27,000
—
8,139
$80,925
28,000
9,996
profit (net)
excess
-
: 1945—3 Mos.—1944
-
———
normal
Fed.
usual
par
$5,000,000
>.
profit
Fed.
Standard Oil Co. (N. J.)—$50,000,000
.*■■■'
Period End. June 30—•
•
extra dividend of 25 cents per share
quarterly dividend of 25 cents per share on the capital
both payable Sept. 10 to holders of record Aug. 10.
Extras of like amount were disbursed on Sept. 15 and Dec. 15, last
year.
No extras were paid in March and June of this year, nor in
1944.—V. 162. P. 289.
"
•
->
compared with
as
Vice-President,
present
The directors have declared an
and
'
Electric output of
at
Distribution
Extra
stock,
totaled 2,185,000 kwh.
Lindquist,
director of the Curtiss-Wright Corp., will come to
a
r-V.
March 1 and June 1, this year. "
1944, the following payments were made:
paid
J.
troller and
Southeastern Greyhound Lines—Two Dividends—
-r
-
p.
Telautograph Corp.—Earnings—
Standard Oil Co. of Indiana—New Official—
accrued expenses, $*,823; ^reeerveo.
$2,697; reserve for Federal, income
orders ior.future -delivery (contra)*
stock (10 cents par >..$40,000;
earned surplus, $20,929;
capital surplus,. $96,776/
total, $185,S96.—V. 160, p. 2336.
Net
Net ry.
2,366,569
792,359
1,943,274
427,577
237,461
270,585
,
V
141,505
railway,,—
1,995,810
2,564,111
railways.—.
402,166
income—
150,445
698,420
286,763
from
from
Net
Net ry.
oper.
•Deficit.—V.
162,
Sept.
to
plus accrued in¬
full redemption price,
the
of
prior preferred stock.
United Light said it might ask SEC approval
of a proposal to borrow temporarily sufficient funds to pay its deben¬
tures
and
prior preferred stock pending the receipt or sale of the
securities from American Light.
"
v,
Y V
,
,
,
1945, will be made at any time upon presentation
of said certificates.—V. 161, p. 468,:';.*-/'-/:.:y; ■/-",
l,
Continental
surrender of any
and
to
51,592
477,176
Net
oper.
1943
$429,148
246,088
212,455
'
Frank
•
Net
Louis-San Francisco Ry., has
Federal Court at St. Louis for authority to make
trustee of the St.
Thompson,
A.
a petition
in
application to the Interstate Commerce
plan to refinance bonded indebtedness
Association of St. Louis.
Court approval
filed
of the Terminal Railroad
would permit the Frisco
and 14 other proprietary companies of the Terminal company to file
with the Commission necessary applications for assuming and guar¬
anteeing the principal sinking fund and interest payments on a pro¬
posed issue of $40,312,000 refunding and improvement mortgage oonds
Y 331,550
168,820
Terminal
the
Jan. 1, 1946,
Gulf Sulphur Co.,
30—
Quarter Ended June
tax
foreign, inc & exc. prof,
Fed. &
Provision
•Net
contingencies
for
•On
share
per
3,840,000
.
1943
follow:
items
sheet
/Balance
U.
securities..
S.
•Current assets
Reserve
Number
i
:
to
'
2,007,295
29,060.503
ance
and U. S. Treasury
$31,151,112. This
1945, current assets, including cash
certificates of $27,600,860, amounted to
and
inventories of sulphur above ground or materials and
supplies.
Current liabilities, including provision for current taxes of
$10,110,065,
amounted
to' $10,538,284.
Reserve for contingencies
amounted to $2,495,042.
Earned surplus as of June 30, 1945, totaled
$30,548,731.—V. 161, p. 2339.
1945
Y'
1944
/:
i;
From Jan. 1—
$8,137,639
;
2G,498,814
tfet ry. oper. income—
7,138,386
railway
from
Net
—V.
3,992,605
42,109.106
35,128,224
18,006,413
15,030,565
8,539,271
ITexas & Pacific Ry.—To Retire Three
The
SEC's
7Earnings for June and Year to Date
:/Y
?
Period End. June 30—
1945—Month—1944.
1945—6 Mos.—1944
Operating revenues—
$7,017,519
$6,251,623 $40,407,847 $39,466,256
1,807,495
230,614
22,595,525
22,631,473
12,019,137
12,374,078
1,001,745
1,206,047
(net Br)
5,884
26,380
52,739
76,990
income.
rentals
ry.
oper.
$1,078,502
74,092
$528,441
$4,532,399
406,951
alter
Total
:
Misc.
—
38,056
1,763,792
Net
expenses
641,982
327,679
....
67,636
810,216
oper.
100,000
1,200,000
276
5,010
on
290,937
861,354
$5,232,894
299,883
636,845
2,986,694
$963,513
$956,080
$8617354
$636,845
$1.30
/••■ 'X; $1.17
$0.87
share
$1.31
mtge.
k
shares of capital stock.
$0.70,
and $0.57,
$0.67
respectively.—V.
161,
$310,454
$363,094
$7,157,499
/
9,029
104,410
Operating
profit
normal
,
1,346,400
51,817
..
inc.
$5,428,127
.( 678,704
696,024
/ 240,000
122,000
tl,571,000
Net
897,300
28,915
119,168
income
per
246,000
$4,934,035
170,417
72,188
oonds.
$7,261,909
1,936,948
$372,123
bonds
$372,118
$1,047,300
(Int. chgd.
to
109,900
$0.29
$0.82
11,805
Cr43
Cr 661
2,532,653
Cr4,478
179,534
construct.
$197,187
$180,562
$2,686,886
timberlands
on
and
as
leases
were
25,046
72,195
52,657
1945—Month—1944
'
companies)
(& Subs.)-
1945
865,050
-Earnings—
<£'
39,237,759
252,382,339 235,165,176
27,745,149
25,667,869
161,518,771
159,085,160
9,933,393
65,425,900
54,047,909
1,319,202
964,108
5,466,869
5,048,005
4,407,600
2,672,389
19,970,799
16,984,102
a
g,
'/V
/■//.'■>
/
(
$7,522,016
$7,416,507
$5,971,038
221,666
273,861
443,744
99,569
$0.75
$0.93
$1.50
$0.34
profit
Earns,
per
sh.
on
296,-
,/^300 shs. of com. stock
"After
depreciation,
Federal and
State
income
taxes,
etc.
-V.
Y
626,454
13,853,843
t38,962,196 M28,492,214
3,098,383
J
868,188
36,198
30,563
22,270
7,121,720
5,852,827
6,912,466
common
2,604,364
share
depreciation'
-1,758,907
$2.57
:
of
$5,640,212
in
&
other
sources
2,569,457
2,302,971
8,325,963
1945,
6,977,057
4,975,360
28,296,762
24,498,111
other
1,130,390
1,173,009
6,787,795
7,043,635
439,725
/
$2.44
in >1944
$4,437,973
provision
from
for
renegotiation
fAfter
sales,
all
of
war
returns,
in
contracts
discounts,
war
1943
excise
r*
,
Balance
and
Sheet
:
June 30/45
•
S.
Treasury 2%
Finished
Goods
Raw
bonds at cost
bonds, at cost
$
22,479,654
5,000,000
receivable
notes
from
1
of
manufacture..!.
51,004,830
2,184,000
customers
^739,323
53,621,486
2,561 042
22,927,816
and
19,018^429
16.819,961
;___—
Supplies
______
receivables,
2
...
etc.,' assets
relating
under
Government
refund
of excess profits
36,778 214
4.896,201
4,379,428
9,772,714
—
to
15,249 028
41,321,285
process
materials
vances
...
5,000,000
goods
in
Dec. 31/44
"••. ■-/./" /'
26,974,825
________
10,787,686
5,682,285
ad
contracts.!...
taxes..
7,455,668
!
1,139,705
Net
properties, plants and equipment.
Prepaid and deferred assets
Y
.
1,287,461
68.602,222
...
63,708i626
1,205^177
2,349,718
7,514,009
income
2,604,364
,
.
$1.85"
1943./ tlncludes provision for renegotiation of
in
The
2,604,364
1,758,906
stock
common
Miscellaneous investments
Total
Total
Fixed
&
charges.
•
income
sources
from
all
one
5,846,667
■
3,802,351
!____
21,508,967
17,454,476
year
tAccrued
taxes
&
—V.
prof,
exc.
162,
inc
Fed.
taxes
All
11,600,000
8,000,000
53,100,000
42,500,000
53.
p.
263,065,601 239,881,183
Liabilities—
,
•
Accounts payable
10-year 2%
f
Net
.
•Net
earnings
Number
of
bank
notes
maturing
income
accrued
accrued
3.000,000
and
renegotiation of
(& Subs.)—Earnings—
contracts
;
taxes
and
Earnings
capital
per
shares...
share—
taxes, etc.—V.
p.
$5,955,000
/_
After
Federal
income
2,925,000
2,925 000
$3.16
;
figures.
162,
July 1, '44
$9,250,000
$2.04
and
excess
profits
396.
2%
serial
for
Reserve
for
reserves
161,
of
subsidiary
(1947-1954
in
27,000,000
I,650,000
1,562,689
Y/, ■/ /'
capital stock and
1,223,737
5,896,217
5,917,432
surplus
companies
non-cumulative
Earned
notes
-
Minority interests
438,792
preferred stock
!__
-
405,565
65,109,1C
65,109,100
17,590,920
($10 par)
Capital surplus
United Light & Railways Co.—Files Plan to Sell Se¬
bank
10,787,686
25,500,000
1,848,033
pensions...
General
Common stock
15,225,797
re¬
insurance.......
8%
5,926,515
12,334,769
contracts
9,772,714
10-year
June 30. '45
charges..
18.599,586
7,933,466
Government
Reserve
all
3,000,000
38,435,173
profits
excess
war
liabilities....
under
20,725,278
within
'
Federal
other
Other
24,115,711
serial
...
and
Advances
after
•Approximate
p. 2152.
25,381,6Q4
//675,016
1
,
»
taxes, transportation and allowances.
Cash,
^
transp.
invest.
from
34,950,620;
299,667
taxes.
..175,081
532,587
46,419,781
stock
preferred
on
Post-war
from
inc.
operations
6 Months Ended—
1Q49
194?
1944
$7,377,945
Sales
-
■!.
$
47,646,463
expenses
rents
34,413,033/ 25,206,523
tOther accounts and notes receivable..!—.
•
revenues
________
income
on
•Accounts
1945—6 Mos.—1944
14,174,512
(net)
15,328,224
46,188,535
231,246 /
Dominion of Canada Victory loan
;
oper.
Equip,. & jt. fac.
168,096,726
.$
(and Leased Lines)—Earnings—
•Taxes
*
208,631,473
.
17,399,581
taxes
per
Assets—
U.
'
1943
171,206,396
.....
Cash
.
Subs.)
~
19,381,414
...
Consolidated
&
.
prof,
$987,755
45,924
O-' *'"
17,590,92
11,827,165
II,827,16
37,650,852
...
surplus
34,892,40
curities—
Trinity Court Building (Burda Holding Corp.), N. Y.
City—To Redeem 6% Gold Bond Certificates—
All
of
March
the outstanding first
1.
1941,
and
extended
mortgage 6% gold bond certificates due
to March 1, 1946, at 4% per annum,
,have been called for redemption on Sept. l, 1945 at 100 and interest.
•
€.912,979
expenses..
.
deducted
sales
1945—6 Mos.—1944
$1,062,026
oper.
•
(incl.
3,650,389
i
indebtedness..'
norm,
$3,943,022
was
$498,858
——
-
'
Com¬
1944
lated liabilities
6 Mos. End. June 30—
!
to
$534,185
United Fruit Co.
•Net
charged
and
—V. 161, p. 2376.
*
gen.
exc.
income
•Including
162, p. 53.
(John R.) Thompson Co.
.»
Net
follows:
1945—3 Mos.—1944
$2,621,124
st<
for Fed.
contracts.
Railway
Railway
30
June
1945
for foreign income taxes..:..
Equity in earnings applic. to minor¬
ity interests in subsidiaries
$0.63
during the period ended June 30,
June 30—
Ended
:
Prov.
Cr31,623
937,138
.
pfd.
Prov.
provision
•Includes
—V.
,
Earnings
Union Pacific RR.
.
.
period of 1944.
same
3,691,232
operations
Fed.
Dividends
timberlands
Months
revenue
funded
-on
for
Dividends
on
the
over
(net).......
Prov.
debt retirement credit of $169,000 for 1945 quarter
120,000
ll~6~891
I - Net
income
Divs. applic. to
Interest
$99,700 for 1944 quarter, $347,000 for the first six
against $219,000 for the six months of 1944.
tlncludes
provision for renegotiation of war contracts.
Note—Provisions
for
depreciation
and
special
amortization,
and
leases
Six
for
income
1945
Depl.
1813.
268,447,897t219,373,621.202,718,494
income
with
depletion
p.
$795,354
$0.40
2,045,000
10,000
deducts.
and
Account
from
months of
for
22%
ox
goods sold—____________ 206,569,180
compared
•After deducting
161,
.272,139,129 223,024,010
of
Other
13,228,000 -/ 1,971,000
228,123
71,830
$508,663
share.
com.
$27,079,090.—V.
Total
$3,774,208
359,097
120,000
taxes
increase
an
operating
•Cost
$3,693,319
€0,889
112,758
42,668
$1,777,430
Other taxes
Earns,
(indi¬
Corp,
$27,079,090.
2,740,122
2,861,835
327,407
,,
is
Selling, admin, and
$2,649,238
_
total,
sales
Other
$1,734,762Y $5,315,369
$2,597,421
-
profits taxes,
exc.
total,
$1;
^
>
and other chgs.....
"Fed.
Securities
International
&
$7,079,700),
Y ' ■ YY Y
$8,937,646 $21,566,328 $18,423,576
5,856,484
13,389,124
11,990,135
1,400,746
Gross income^
Fed,
States
'
Tbtal
Int.
United
'
98,584
$316,223
'''":C;Y'YY v'Y
1945—6 Mos.t-1944
1945—3 Mos.—1944
$10,549,230
6,551,063
...
Other Income—
$4,835,451
5,769
516,957
approximately
Income
1812.
p.
tNet
'
deb.
int.
Other
This
Profit
Net
income.......
on
Int.
$3,428,756
$4,221,774
2 79,000
and gen. expenses
-
Int
1942
$5,141,193
91,701
Delivery, selling, admin,
4,729
(net).
516,957
from the separate Government-owned plants is included in
operating revenue" in the consolidated income statement.
Commenting on operations, Herbert E. Smith, President, said: "Our
business in the first six months was the greatest for any comparable
period in the company's history.
Both sales and earnings were at a
new high.
*
''War production continued to account for the major part of rour
operations.
Although we experienced cutbacks in some kinds of mili¬
tary output, such as ammunition, these were offset by increases' in
others. These increases indicated the important part rubber and plastics
are expected to take in the war against/ Japan."
*
;/ Mr. Smith said the company had consumed 44% more synthetic
rubber and 38% more synthetic plastics in the first half of 1945 than
in the first half of the previous year.
;. ;
1,200,000
359
revenues..
3Dther income
"Gross
1943
$3,367,271
61,485
267,766
sales.
Income
Nat
1944
$4,137,035
84,739
664,189
Cost of products sold--.
limited-term
investments
516,957
Sheet. June 30, J945
"other
$1,895,468
Period End. June 30—
Net
763,098
100,000
retire, res. approp.
65,848
516,957
pensation
Union Bag & Paper Corp.—Earnings—/
•
1945—12 Mos.—1944
$537,062
Y
Consolidated net sales, exclusive of the volume of business done 'for
the Government on a cost-plus-fixed-fee basis, amounted to $268,447,s-
profit for the quarter ended June 30, 1945, was $513,310, as
with $493,546 in 1944 and $416,433 in 1943, and earnings
share,
Period End.
$1,336,166 $16,829,351 $15,884,514
6,305,581
7,021,578
563,385
635,048
2,775,655
243,563
$163,098
divs....
in
value
897.
__
»On 734,300
$1,904,338
$3,215,871
80,435
$521,627
30,647
33,000
United States Rubber Co.—Semi-Annual Report/?-
liable,tV. 161, p, 1471.
■(Excluding offsetting accounts between the
1945—Month—1944
$1,448,110
of
,
taxes.—
Net profit
•Earnings per
-Earnings—
Light Co.
revenues
Other taxes
Amort,
$282,392
\
Federal taxes
cated
modification of the lease arrange¬
on
which thi latter's parent,
1945
income
Depreciation
Federal, etc.,
103,668
1,685,423
$864,948
Texas Power &
Prop,
$3,771,798
$4,939,350
22,746
297,908
1
Period End. June 30—
,
$603,046
6,947
72~5Q7
$1,714,059; Federal tax claim receivable and interest
$161,658; dividends receivable, interest accrued, etc., $79,997; V
(indicated value approximately $34,909,627), $25,123,374;
investment
Ebasco
$1,808,017
87,451
expenses....
389,828
280,699
...
income——
f-V.. 162, p. 503.
Operating
Operating
74,605
$1,152,594
income.
charges—
Net
and
Deprec. and spec, amort.
deductions—.
Fixed
thereon,
Corp.—Earnings—
income
$3,381,970
■Other; income
"73,347
$681,145
______
transactions), $3,725,137:
■■
authorized
Rector
6 Mos. End. June 30—
Net
Income
Net
8,180
73,147
preferred
securities
(Including Domestic Subsidiaries)
..
3,687,541
1,894,927
114,334
3,895,024
Operating expenses
Ry. tax accruals
Equip, rentals (net Br).
$243,785
5,515
•
principal.
also
Two
Underwood
and
\\
Jt. fac.
ruling
between
Electric Bond & Share, is contingently
Bond Issues—
refunding mortgage 5% bonds,
series B, due April l, 1977, and series C, due April 1, 1979 ($14,252,000
of series B and $16,704,000 of series C) have been called for redemption
on
Oct. 1, 1945 at 105 and interest.
Payment will be made at the
Chemical Bank & Trust Co., successor trustees, 165 Broadway, New
York, N. Y.
Immediate payment of the full redemption price, together
with accrued Interest to Oct; 1, 1945, will be made at any time upon
presentation and surrender of any of these bonds.
>
It is also announced that the company proposes to call for redemp¬
tion on Dec. l, next, all of its outstanding general and refunding mort¬
gage 5% bonds, series D, due Dec. 1. 1980, at 105 and interest.
The
company has
offered the holders of these series D bonds payment
thereof at the proposed redemption price of 105, together with accrued
interest to Dec. 1, 1945, immediately, or at any time prior to said
proposed redemption date, upon surrender of their bonds to the Chemi¬
cal Bank & Trust Co.
■
\Y
outstanding general
the
of
$600,489
6,756
:
$741,765
Br60,620 5
Liabilities—Reserve for taxes and accrued expenses, $15,600; $6 first
preferred stock (172,319 shares, no par), $17,231,900; $6 second pre¬
ferred stock (50,000 shares, no par), $50,000; general reserve (set up
out of $5,000,GOO paid in cash by subscribers to second preferred stock),
$4,950,000; common stock (985,000 shares, no par), $98,500; capital a
surplus, $1,007,953; operating surplus (including results of security
$100,000 payment on
per
All
First
compared
175.
162. p.
$855,077
invest..
on
profit
profit
/•/;/< $0.66
of
1,539,794
65,845,561
67,413,196
30,637,424
8,703,112
64,269,040
railway—
from
Gross
$538,921
$0.70
1, 1955, 4% % ' interest to 1955,
taneous with each interest payment, Two
Total
1942
1943
railway..— $10,500,856 $11,385,482 $21,602,847
4,389,813
5,315,094
6,377,938
Net from railway——
1,098,495
1,259,303
2,846,422
Net ry. oper. income...
from
$651,891
Br408,106
expenses
Net
RR.—Earnings—
Texas & New Orleans
$594,481
Cr6,008
of $189,500 on principal, the $2,700,000 bal¬
on,the company's office building will be extended
and 5% thereafter.
Simul¬
Rector will make an annual
of indebtedness
Other
*;June—
subsidiary
April
does not include
Gross
$585,783
Cr269,294
$775,174
realized
Other
the'payment
Following
to
ment
As of June 30,
notes
$664,613
*
77,152
Cap. stk. & other taxes
for Fed. inc. tax.
Ebasco Services, Inc., permission
extend its mortgage indebtedness to the Prudential Life Insurance
"-:of "America
■'-yvyy
*
•. •• ; v <• • .
y/.■
CP
and supplies.
materials
or
54,680
$578,673
73,217
Prov.
Corp.—Bond Extension Approved
Street
wholly-owned
ration,
22,287,572
3,840,000
$539,802
Balance
Rector
Two
30, '43
sulphur above ground
not include inventories of
do
assets
•Current
$2,245,504
1,639,218
67,365
shares..
on 702,856 common
1942
$553,627
156
53,
p.
'
1943
Assets—Cash,
$2,092,119
$0.54
liabilities
Earned
1945
$661,467
share
per
162,
Y
30
1944
received....
income
Total
contingencies
7/ -Y'Y;,■
1
Ended June
Months
6
31,999
divs.
Total
Net
1,806,315
76,323
Account,
Other income
or
for
1944
taxes
"
'
Income
/V
Interest
1812."
income
Earnings
—V.
$18,723,581
'
in
stock.
preferred
Cash
$2,544,105
for
investments
the
1945
Corp.—Earnings—
/.>v
Corp.—Semi-
Securities
Foreign
&
Report—
''
Y/..7Y-'.l:
Net
100,000
_______
...
first
Having found the proposal to be solely for the purpose of financing
the business of the corporation, the SEC on July 31 granted the corpo¬
$27,600,859 $22,474,405
31,151,112 26,086,768
10,538,284
8,644,248
for contingencies———
2,495,042
2,438,302
surplus
30,548,73 1 29,892,163
of capital shares
3,840,000
3,840,000
and
Cash
Current
$1.70
profit
.
1,788,000
'45 June 30, *44 June
June 30,
$1.56
ended June 30, 1945, net profit was $82,809,
share, compared with $102,928, or 76 cents per share,
Reserve for
'
■■rr-.
134,965
6 Months Ended June 30—
$3,980,119
$2,472,418
$0.64
$2,569,617
$0.67
shares of capital stock,
profit
Earnings
134,905
$1.31
Tubize Rayon
Reserve
$4,467,418
1,895,000
100,000
$5,379,617
2,710,000
100,000
charges..
after
Profit
Inc.—Earnings1945
1944
134,965
corresponding quarter of 1944.—V. 161, p.
Net
States
$229,605
quarter
61 cents per
V
Texas
$211,026
-
share
per
the
For
4% bonds at 110, and
$6 375 000 refunding and improvement 3%% mortgage bonds at 107.
The bonds would be sold
through competitive bidding bearing an
average interest
rate cost to the Terminal of not more than 2/4%
per annum.—V. 161, p. 2794.
•.
1,100,000
$2,023,582
1,588,605
1,359,000
shares
capital
of
Earnings
the
X.
1,311,026
$176,809
provisions
tax
Number
would use the proceeds,
or before
1943
$1,794,109
1,011,809
835,000
profit
.
together with cash on hand, to redeem on
outstanding $34,000,000 general mortgage
1944
$1,383,827
charges
,
Net
;/:'Y-
396.
the corporation and in Credit &
Investment Corp. at their indicated values based cn underlying assets,
securities without quoted market prices at cost of $713,030, and all./
other securities at market quotations, the net assets of the corpora¬
tion
had
an
indicated
value on
June 30,
1945, of approximately
$43,929,441, which is equivalent to approximately $255 per share of
1945
profit
Federal
Annual
Corp.—Earnings—
Steel Forging
Ended June 30—
after
Net
subject to issuance and sale or
states that,
the Terminal company
bonds,
proposed
the
company.
petition
trustee's
The
■
1,213,305
162, p.
United
Calculating
& Williams
Transue
6 Months
Gross
&
its
own
prior ^preference stock.
Continental would sell United
Light about 225,642 additional shares of common stock for $9,025,713,
pay off its publicly-held prior preference stock with the proceeds.
53.
162, p.
a
of
i
income..
oper.
ry.
—V.
Commission for approval
an
of
railway
from
United Light subsidiary/ proposes £
Southern Ohio Electric Co. and
a
Columbus
in
of
—V.
2,686,787
1,572,034
1,258,276
2,547,850
1,325,977
1,063,376
railway
from
Gross
Net
"■ Y
Program—
Loute—Refunding
St.
Electric Co.,
&
and
From Jan. 1—
of
Association
RR.
Terminal
Gas
investment
1,150,156
1,398,116
254,388
213,114
1942
$269,026
119 315
87,309
2,401,683
1944
$443,204
227,181
income... .178,368
.
railway
from
ry.
'v
$444,170
railway—
from
its
sell
apply the proceeds to the pro rata partial payment of its debentures;
In addition, Continental proposes to issue to United Light & Rys.
about 192,327 shares of common stock in exchange for 77,317 shares
RR.—Earnings—
1945-
JuneGross
Net
175.
p.
terest
'
Toledo Peoria & Western
From Jan. 1—
Gross
1942
$363,002
100.350
$537,045
*8,353
income—
oper.
/
$421,452
132,289
*76,310
$265,859
26,071
railway
railway
from
from
1943
1944
1945
June—
Gross
way, New York, N. Y.
Immediate payment
trustee, 140 Broad¬
the Guaranty Trust Co.,
Payment will be made at
Central Ry.—Earnings—
Tennessee
Monday, August 6, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
'610
The
shares
waukee
Total
company has filed
of
Detroit Edison
Gas
receive upon
will
apply
with the SEC a plan to sell the common
Co., Michigan Consolidated Gas Co.,
Mil¬
Light Co. and Madison Gas & Electric Co., which it will
the liquidation of American Light & Traction Co.
It then
the proceeds to
pay
off
all
its outstanding
debentures
and
•After
010
for
263,065,601
reserves
1944.
for doubtful
tAfter
accounts
of
reserves
of
$92,824
$2,477,158 for
for
1945,
239,88l,li
1945, $2,120
$95,219
for 194
fAfter U. S. Treasury Savings Notes of $22,071,628 for 1945, $23 251 6
for
1944.—V.
161, p. 2794.
s
'
Volume 162
THE COMMERCIAL
Number 4409
producer,
C. S. Industrial Chemicals, Inc.—New Director, etc.—
T. Dodge,
President of Dodge & Olcott, Inc., has been
v
Young, Secretary of the company, has been elected
Secretary and Thomas H. Casson has been ap-
Bracebridge H.
Vice-President
*Net
account
par
declared
have
directors
accumulations
of
a
the 8%
on
of
cents
50
profit
504.:-/(--
p.
per
without
operates
matter
still
is
profit
under
for
the United
consideration
(
paid on May 10. last, and on April 11 and July 12, 1944.
It was
reported that arrearages on this issue amounted to $10.75 per share on
Net
$45,339
Net ry.
$43,091
$224,423
taxes.—V. 162,
July
1945.—V.
1.
160,
Utah Ry.—Earnings—
■
Annual Report—
Net
based
Gross
V-*'..'' o'(-
stock
'
'
i
-• •
first preferred
■
divs.
Int.
1943
1942
$561,954
27,622
$629,723
$611,989
43,614
55,057
1,308
1,296
6,695
1,705
accrued..
&
rec.
1944
$521,685
deceived—
Other income
——
162,
Total
-
income
inv.
607,673
before
Net
.
Estimated
Other
?
Net
"
11
(08,000
36,000
31,000
t$86,390
t$728,149
'
*
Balance Sheet, June 30, 1943
,
$1,812,063;
securities
sold
not
but
June—
Net
Net
(Liabilities—Reserve for taxes and accrued expenses, $63,650; $5 first
stock (239/200 shares; no par), $23,920,000; $5 second pre¬
ferred stock( 100,000 shares, no par), $500,000; special reserve (set up
$407,943;
stock (2,485,543 shares, no
common
surplus, $53,768:
Gross
—V.
162,
total, $24,970,216.—;V. 161, p. 1813.
♦Net
Reporting the earnings of the corporation for the second quarter of
Irving S. Olds', Chairman, announced that the directors had
31 declared the quarterly dividend of $1.75 per share on the
preferred stock, payable Aug. 20 to holders of record Aug. 2, and a
dividend of $1 per share on the common stock, payable Sept. 10, 1945,
holders
lion
record
of
Aug.
the'second
10. quarter
of
1945
was
$32,153,373,
or,
Income for the first six months of 1944.
all costs—including
but before declara-
'U~>,.
v»'■
.r
,
in
$2,539,538
Tt The
■<
/■
»■■■
.■
i
g ■
. .7".
6,076,067
3,529,681
—
.
Pfod. & serv. boughtDepl., deprec,, amort.
of emerg. facii. and
loss on Sale of fixed
Trust
*
'
?;/
•
to
♦Net
Dec.
35,818.221
68,596,426
66,793,441
*
——
6,000,000
,
12,000,000
——
on
901,817
1,145,642
1,767,055
12,396,920
long-term
*
12.338,643
16,000,000
33,800,000
18,831,280
30,500,000
debt
2,264,803
State, local & miscell.
j
taxes
Est. Fed. taxes
.
on
inc.
v>
'18,738,932
49,000,000
■
Preferred dividends
common dividends
Steel
Per
and
also
bility of
17,604,504
17,406,504
to
346,746
766,031
12,609,838
2,137,031
2,366,191
5,271,500
10,124,959
10,632,854
$1.20
$1.04
$2.24
stated
various
are
subject to final 1945 audit adjustments
uncertainties such
renegotiation of
as
those
involved
profits on certain contracts,
in
the possi¬
the estimated
tax liability, provision for depreciation and amortization, and estimates
of various contingencies
j
;
r
Lack of Labor Retards Output—
'The
workers for no adequately defined
reason, and the manpower problem is limiting production, Mr. Olds
announced at his press conference following the quarterly meeting of
directors.
He
disclosed
that
United States Steel companies have
33,676 fewer workers on payrolls than a year ago and observed that
many jobs left vacant have been hard to fill because of skills required.
v Women
employees numbered 35,4.00 on June 30, or 12.4% of the total
.force of 287,775, compared with 39,000 women employed on Jan. 1,
or 13.6'^
of total employment at that time.
The average number of
(einployees for the second quarter compared with 321,451 in the like
1944- period./:."./V.. S'-.t
"We don't know why they quit or where they go." Mr. Olds adihifcted.* adding that labor turnover in United States Steel's shipbuilding operations is "tremendous."
:
/• -'({
•
*
Besides lack of recruits and job jumping, the Chairman said, strikes
/ and work stoppages in 1945 up to last week had resulted in a loss of
1>338,000 tons of steel which otherwise would have been produced,
Mr. Olds said the company has made no offer or taken any additional
steps with respect to Geneva Steel Co., the Government-owned Utah
corporation
$200,461
is losing
f
$0.33
748,042
1944
$2,186,111
813,711
1943
1942
v
$2,181,235
908,198
280,823
297,736
$2,067,797
623,280
295,836
13,973,149
5,729,260
1,831,567
12,220,927
13,303,899
11,254,169
4,369,873
5,356,973
1,823,202
4,088,451
jl,342,488
income
s
railway.
railway....—
264,926
from
income—
oper.
162.
1,614,503
55,
p.
Colorado Fuel & Iron Co.
Co.—Merger Approved—
above.—V.
162,
p.
'i
176.
Wilson & Co., Inc.—Plans Preferred Stock Financing-
97,458
Thomas E. Wilson, Chairman, has announced that the directors h$ve>
$1.65
:
on
Oct. 1,
1945,
for the
approved
plan of recapitalization of the company's 274,085 outstand¬
'
' :
*
stockholders has been called for Sept. :17
to consider an amendment of the company's charter to provide for a
new Issue of preferred stock consisting of
250,000 shares (no par).
/
The plan contemplates offering such.new preferred stock (together
with, if hereafter so determined by the board, shares of the authorized
but unissued common stock of the company)
in exchange, for the
presently outstanding shares of the company's $6 preferred stock, .the
issue and sale to underwriters of all new preferred stock not issued
pursuant to such exchange offer, and the redemption of all unexchanged
shares of the $6 preferred stock.
•
^
»
Th dividend rate and the redemption prices for the new preferred
stock will be determined at a later date.—V. 160. p. 2044. /
/ /--v; ...
a
ing shares of $6 preferred stock.
A
ac¬
special meeting of the
divs.,
legal
Wisconsin Public Service
Electric
$203,163
84,346
67,247
3,250
.....J
$255,856
$200,957
feei_."
tNet
.51,863
Earnings
358,653
$355,426
«
:
$1,185,558
$558,558
per
227,633
219,680
1
420,000
share.
$0.71
$551,426
520,000
$1.31
$0.84
$641,082
400,000
$1.60
$1.64
t
:; /:
^/*:
(Including wholly»owned domestic subsidiaries)
Profit
from
operations.
operations
Divs.
Profit
.
before
for Fed.
$8,808,263
326,195
340,229
4,317,405
3,907,374
$1,751,860
262,658
231,964
$4,164,663
542,119
$4,263,955
$8,517,359
262,638
228,132
377,606
'273,274
258,944
;
■ prov.
taxes—
inc.
profits
excess
$3,942,282
170,105
2,020,317
(net)
income
for
Prov.
$3,822,626
161,220
2,115,173
foreign subs
from
v
1945—6 Mos.—1944
domestic
from
Profit
1945—3 Mos.—1944
$1,546,232
-
& admin, exp.
gen.
Other income
interest, depreciation and depletion and Fed¬
2270,
p.
.336,223
$1.19-
(Wm.) Wrigley, Jr., Co.—Earnings—
1945—6 Mos.—1944
1945—3 Mos.—1944
$338,576
400,000
161,
336,223
$180,000 for general contingencies/ tAfter chafgee
Period End. June 30—
Sell.,
outstd.
com.
capital shares..—338,446
share
i.——
$1.17
reserve of
a
Depreciation
$297,478
shares
$552,098
,
$354,951
418,277
1943
1944
*$398,581
475
i
.....1.
(
/
1945
per
♦After
1
1,053
}
.....
and Federal taxe3.—V. 162, p. 55.'
204,127
$559,610
.' /
$394,629
profit
Number of
$151,299
932,407
Corp.—Weekly Output—
this
6 Months Ended June 30—
>
$1,188,264
2,706
transact
income
of
10,922,000
1943
$268,204
totaled
Woodward Iron Co.—Earnings—
•
1944
$343,452
etc
output
corporation for the )*reek ended July 28,
kwh. as compared with 10,507,000 for, the
corresponding week last year, an increase of
V. 162, p. 505* <
1945,
»
Statement, Six Months Ended June 30
The
Sept. 1, next, $275,000
of 15-year 3V*% sinking fund debentures due Sept. 1, 1955 at 100Vz
and interest.
Payment will be made at the Chase National Bank of
the City of New York, trustee, 11 Broad St., New York, N. Y.—V. 162,
has
company
called for
p. 290.
redemption
'
Western
Condensing
'
,
Co.—Stocks
Offered—Offering
of 10,000
first
shares of series A, 5% cumulative convertible
preferred stock' (par $100) and 50,000 shares of
stock
(par $2.50) was made July 31 by Dean
Witter & Co.
The preferred is priced at $104 per share
and the common at $13.50 per share.
The company is the largest producer of Whey
States.
The company also produces concentrated
condensed
milk.—V.
162,
p.
solids,
whey
176.
condensed
many
-
'
Con sol.
on
powder in the United
skim milk, condensed
buttermilk and dried skim-
$2.27
share___
results
int.,
eral taxes.—V.
whey,
•/
5,123,714
products
common
Note—All
»
8,703,252
It
Shipments of finished
.
8,703,252
__
___
Surplus
-
32,153,373
12,609,838
32,382,533
6,304,919
15,354,917
6,304,919
16,774,202
:
redemption
^
common
Income
$1,121,257
,
•/j././-/:
$4,920,633
$2,037,003
$2,246,482
431,000
640,500
1,802,000
1,770,909
$1,606,003 v $1,603,982
$0.82
$0.82
$3,163,726
$1.61
$3,149,935
$4,965,726
and
taxes..
Western Auto Supply Co.—^Partial Redemption-—
■
i-
$181,872
100,345
$1.43
$1,74
21, last.
profit
Earns,
.
applic.
other costs
railway..™.
Wickwire Spencer Steel
365,142,867
this
&
$2,151,102
oper.
Net ry.
—V.
Trust
♦After ordinary taxes,
/
period arising out of war
K Int.
Net
3,813,265
trustee, 45 Milk St., Boston, Mass., or at the
Co., 22 William St., New York, N. Y.—
Co.,
Farmers
Period End. June 30—
,
'
36,315,568
costs
$0.42
.
railway....
from
6,778,358
;^/J61,/p. (2599.;///;N:^
(1,012,963,938
186,611,517 192,455,973 377,225,509
assets..
add.
called for
been
Net Income
Dividends paid
.
:i Est,
13,512,400
Z
:
466,641,362
•
$1,355,964
$0.38
share......
From Jan. 1—
See
$221,355
104,681
shares
Ordinary net income
Net profit from security
i
,
1943
$4,147,46$
3,026,211
June 16, '45 June 10, *44 June 12, '43
common
from
Common
226,298,322 234,647,702 459,309,840
1944
$6,132,839
4,776,875
176.
p.
Deductions
"
.
ry.
457,453
12,928,362
Non-recurring
J '-.V' " ■ ■
& services sold^ 497,298,346 531,561,098 988,383,483
( Wages, salaries, social
sions
Net
573,213
592,756
1945
Income
1945—6 Mos.—1944
(P^od.
.'secur. taxes & pen-
1,119,325
615,102
957,646
796,098
West Virginia Coal & Coke Corp. (& Subs.)—Earnings
,
common
1945
$5,181,405
3,966,979
taxes
prof. tax..
exc.
1945
from
from
Gross
Income
'
1945—3 Mos.—1944
Period End. June 30—
Gross
Net
957,611
Prov, for Pennsyl. corp. net inc. tax
decrease
The total payroll amounted to approximately $215,750,000
Consolidated Income.Statement (Including Subsidiaries)
v"; '
1942
$2,231,179
6,735,624
With $17.60
number of employees in the second quarter of 1945 was
in the second quarter of 1945.
'-/*;■
but before
inc.
3,172,110 common shares.—V. 161, p. 2270.
$1,658,792
3,662,984
have
Total
287,775. compared with 321,451 in the same quarter of 1944, a
(of 33.676.
.
♦On
Wellington Fund, Inc.—Report—
,
average
333,259
$1,214,426
chgs.
Net profit
♦Earnings per
The quarterly report as of June 30,
1945, shows that the Fund
during the past six months enjoyed the largest growth in any similar
period of its history.
Total assets on June 30, 1945, amounted to
$21,085,000, compared with $16,138,000 on Dec. 31, 1944^ and $13,,192,000 on June 30, 1944. / Asset value per share of $19.05 compares
and
$96,197,915.
-
$2,327,982
15,070,475
Bank
723,695
'
330,708
v
On June .30, 1945, unexpended balances for property
replacements amounted to approximately $133,000,000.
After retirement of capital obligations of $864,018 during the quarter,
the - amount of long-term debt outstanding at June 30, 1945, was
,
account
1943
4,520,332
Colony
77,234
1,855,206
Wheeling & Lake Erie Ry.1944
6,175,293
of
after
for Fed.
June—
1945
15,764,051
Old
$8,000,000.
j
on
Earnings—
-v//
income...
•
H-
share
V. 161, p. 2795.
^
,
per
railway....
City
*
r
from
Prov.
Walworth Co.—Partial Redemption-—
this $100,000,000 total,
additions
from
Westinghouse Air Brake Co. (& Subs.)—Earnings—
count of the sinking fund, $175,000 of 20-year first mortgage 4% bonds
due April l, 1955, at 100 and interest.
Payment will be made at the
about $4,000,000 had been spent to Dec. 31,
i 1944.
As the balance remaining is considered adequate in the light
: of
present conditions, no additional amount was set aside for this
purpose
during the first six months of 1945.
This resulted in a
decrease of $12,000,000 in the costs for such six months' period, as
compared with the costs for the first half of 1944, which decrease was
/ more than offset, however, by increases in other costs.
4,, Shipments of finished steel products in the second quarter of 1945
hamounted to 5,123,714 net tons.
For the first six months of 1945
1 shipments were 10,124,959 net tons, compared with 10,632,854 net tons
shipped in the same period of 1944.
///Production of steel ingots and castings in the second quarter of 1945
''"averaged 88.1 % of rated capacity.
; *
.5" Net current assets of the corporation and its subsidiaries at June 30,
V1945, after deducting the current dividend declarations, were $603,792,874, compared with $574,980,056 at June 30, 1944.
-//
The total capital expenditures during the second quarter of 1945,
for additions to and betterments of fixed assets, were approximately
-
dividend of $3
profit
There
.
'During each of the past four years $25,000,000 has been set aside for
estimated additional costs applicable to these years arising out of war.
Of
"
1,049,326
282,883
1,137,207
227,973
'•
,
♦After depreciation, Federal income and capital stock taxes and other
deductions,—V. 160, p. 2378.
/
Income for the first six
$229,160. less than the reported
to $16,774,202.
dividends—amounted
of
months
f
a
Earnings per common share.
./Incomer for
of 1945, after
allowance for estimated Federal taxes on income,
J
804,300
Net ry. oper. income...
—V. 162, p. 55.
6Vo
cumulative and participating preferred
to holders of record Aug. 14.
A similar dis¬
1944, on Aug. 28; none since.—V. 161, p. 2599.
24
Number
to
/
Net
1,151
the
on
24 Weeks Ended—
r
*
2,611,178
Gross
$85,519
1945.
>
2.794,572
$325,315
income—
oper.
1942
164,150
-
Cr22,172
July
-
j
2,628,938
7,428
railway—
railway......
from
$365,537
From Jan. 1—
Wagner Baking Corp,—Earnings—
United States Steel Corp.—Quarterly Earnings Report
'
55,246
$236,192
7,209
railway......
oper.
•
46,858
$61,545
railway
income—
from
ry.
Date
for June and Year to
^
from
Net ry.
1943
Crl5,956
railway
from
Net
1 and Dec. 19, last year.»
194,773
253,390
oper.
Net
preferred stock),
par), $24,855; operating
in cash by subscribers to second
amount paid
of
ry.
Dividend—
dividend of $3 per share, pay¬
This compares with
July 25
a
record
178,804
From Jan. 1—
preferred
out
from
of
3 Months Ended June 30—
/;//:./'
Grbss from
stockholders
124,579
35,316
1,037
182,357
Virginian Ry.
delivered, $821;
dividends receivable, interest accrued, etc., $54,263; securities, at cost
(indicated value approximately; $31,714,146), $23,103,068; total," $24,-
(/ * Assets—Cash.
July 17 declared
on
to
railway.i..—_
1944
-
3,869,535
$445,344
refund..—Cr25,837
made
was
1
$473,383
295,290
payable Aug.
tribution
5,384,095
$436,951
$99,661
accumulations
stock,
$509,681
9,392,219
4,964,420
3,354,999
railway.../.
$378,805
The directors have declared
of
15,467,827
1943
Virginia-Carolina Chemical Corp.—$3 Pfd. Div.—
: /
850,601
21,292,676
1944
2377.
p.
1,171,360
24,766,621
9,553,300
2,231,913
June—
Net
695
1,063,566
1945
1945
profit
161,
directors
Gross
profits taxes.
excess
post-war
railway..—._
income...
Aug.
Profit
538,800
divs.—_
66,030
8,997
1942
$2,715,413
2,136,810
Earnings
54
depreciation,.-
1943
$4,218,062
oper.
146,668
55,408
railway.
$3,50 each paid on Aug.
624,996
129,497
tLoss.
.
I'*
27,500
:
preferred
-V.
74,268
Federal
tax
profit
First
7,218
69,902
/
66,209
687,756
8,777
6,192
2,736
v
___/._
est.
for
Income
.
/
68,988
$603,911
expenses
f Prov.
$623,726
t$615,03Q
t$16,789
$700,355
profit
Cap. stk. & other taxes
'
The
27,519
63,726
1944
$3,939,439
1,265,210
720,031
Western Ry. of Alabama—Pays $3
37,695
•
148,418
/:(
43,320
Net
■
*28,133
737,193
117,910
Deprec. of buildings and equipment
Amortization of patents____^_____„
$667,046
$674,633
1,289,663
$590,884
$530,085
Crl70,270
—
Net realized loss in
665.419
77,538
p.
be
162, p. 505.
able
3 Months Ended June 30—
Profit
Est. income &
i
*20,835
$117,181
Victor Equipment Co.—Earnings—
1945
Cash
'Deficit.—V.
$60,850
6,044
1942
■
income
oper,
should
29,571,375
11,510,945
income...
oper.
from
—V.
'■
(v V
\
v,
■
ry.
v
,™
$105,307
11,240
15,797
railway____
railway______
from
Net
1943
22,167
,
.
income
-
bonds
the
$5,369,736
2,161,222
628,553
railway....
railway™
from
Net ry.
1944
$119,625
_
from
Net
Ended June 30
Account, 6 Months
Income
.
*;
railway
oper.
From Jan. 1—
.
equivalent to approximately $140 per share of
which is
from
railway
bonds,
From Jan. 1—
•
1945
from
Net ry.
Corp.—Semi-
1945, the net assets of the corporation had an indicated
on
market
quotations,
of approximately $33,517,643,
On June 30
I value,
June—
53.
p.
United States & International Securities
from
Gross
/
a-
1945
from
3945—9 Mos.—1944
was
Gross
authorize the
adequate sinking fund.
an
June—
Gross
1945—3 Mos.—1944
$19,167
V-/.
position and
required to have
Earnings for June and Year to Date
_—
:
his
overrule
by
Net
A like amount
payable Aug. 10 to holders of record Aug. 4.
$25,
and
the
2794-
p.
-"After charges and Federal income and excess profits
share on
cumulative prior preferred stock,
dividend
built
that
161,
Period End. June*30—
•/
U. S. Rubber Reclaiming Co., Inc.—Accrued Dividend
The
it
added
611!
Universal Cooler Corp.—Earnings—
and
pointed Controller.—V. 162, p. 176.
T
which
directors.—-V.
director.
a
but
States,
Francis
elected
&
FINANCIAL CHRONICLE
Earns,
/
Company
covering
are
to
offered
Proceeds
from
June 30,
filed with the SEC a registration statement
first mortgage series A 30-year bonds which
competitive bidding.
sale would be
used to redeem at 104 V2
the
30
of
under
the
Light & Telephone Co.
./■>"
The
company is
the surviving company of a recent merger of
Western Light & Telephone Co. and Kansas Power Co.—V. 162, p. 396.
Western Pacific RR.—Examiner
F.
E.
Against Bond Issue—
Interstate Commerce Commission Examiner, has rec¬
Commission that it deny the company's proposal
to issue $10,000,000 first mortgage 3% bonds.
The company applied on July 12 for permission to issue the now
bonds proceeds of which would have been used to redeem an equal
amount of 4% bonds now outstanding.
No objections to the company's
application were made to the ICC.
v
Mr. Grutzik declared that the company has cash and liquid assets
sufficient not only to meet current requirements and contingencies,
but to pay -in full the outstanding 4%
bonds without resorting to
financing.
_/,:.
He also pointed out that the proposed bonds would not have the
Grutzik,
benefit of
to
a
received
excess
of
$1.60
from foreign subsidiaries not consolidated
earnings for tl?c six months' period ended
1945, and $36,416 in- 1944.—V. 162, p. 396.
Yale & Towne Manufacturing Co. (& Subs.)— Earnings
Period End. June 30—
Net earns,
Interest
Total
from oper...
Res.
1945-r3Mos.—1944
$1,655,529
received
3,278
income
$1,658,807
charges W-.
231,734
Depreciation
for
Fed.
income
1945—6
Mos.—19^4
$1,666,043
3,663
$3,310,818
5,586
/ 9.09S
$1,669,706
225,788
$3,316,404
452,928
$3,29.5,091
,420.299
$3,285,995
'
&
profits taxes-
1,141,658
1,155,135
2,290,781
2,299,841
profits__i—_
$285,415
$288,783
$592,695
$574,969
share.
2270.
$0.58
$0.59
$1*17
excess
Net
Earns,
$5,000,000 4% series A bonds of Kansas Power Co. and to redeem at
105 the $1,189,000 of outstanding 3%%
series B bonds of Western
ommended
in
$14,692
per
161,
com.
p.
$1.13
.
& Telephone Co., Inc.—Registers Bds.
July
on
$6,200,000
be
cora.-share.
per
Note—^Dividends
were
—V.
Western Light
net profit.—
the
sinking fund, and recommended that if the Commission
Yazoo &
Mississippi Valley RR.—Earnings—
1945
June—
Gross
from
railway....
Net from railway—...
$1,964,110
1944
$2,449,669
<
■
-
1942
1943
$2,922,076
145,172
544,210
$3,392,115
1,514,012
*243,366
250,975
684,467
1,487.353
1,191,311
railway..—
17,812,068
railway
6,631,233
income...
2,030,179
♦Deficit.—V. 162. p. 55.
16,775,964
Net ry.
oper.
income—
From Jan. 1—
Gross
Net
from
from
Net ry.
...
oper.
York County Gas Co.—Calls
19,762,940
14.666,055
5,738,042
8,631,158
2,084,418
4,026,414
6,848,911
5,252,335
$100,000 Bonds—
.....
V
is notifying holders of Pennsylvania Gas & Electrie
refunding mortgage series.A 5¥z% sinking fund
gold bonds that $100,000 principal amount of these bonds have been
called for redemption on Sept. 1, 1945, at 102 and interest.
Payment
will be made at the Chase National Bank of the City of New York,
This
Co.
company
first
lien
and
trustee, 11 Broad St., New York, N. Y.—V. 161, p. 609,
s
Youngstewn Sheet & Tube Co.—Calls Preferred Stock
The company on July 27
called for redemption on Oct. I, next/ all
$105 per share
of its $15,000,000 of outstanding preferred stock at
and accrued dividends to that date.—V. 162, p. 396.
Monday, August 6, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
612
»
.5?
♦
o*.
t
*
r.;
NEGOTIATIONS
BOND PROPOSALS AND
who will pay the highest price
$1,000. These presented to the State Supreme
1946 to Court for a final ruling in regard therefor, the Board reserving the
to
the
validation given by the exclusive and unqualified right to
i.'
Newport, Ark.
1955, and $10,000 in 1956 to 1970.
determine who is the best bidder
Bonds Sold—An issue of $230,- The next highest bidder was the Circuit Court on July 12.
and to reject any or all bids.
The
000 water system bonds is said to Bank of America National Trust
Miami Shores> Flat.
payment of said bonds and the
have been sold recently as 2V2S. & Savings Association, San Fran¬
Bond Validation Sought—It is
1945. Denomination
ARKANSAS
bonds
Special School Dist.
Pulaski County
Rock), Ark.
i Bond
Election—An
issue of
$446,000 2% refunding bonds will
be submitted to the voters at an
cisco, for 13/4S.
(P. O. Little
vi
.CALIFORNIA
Authority
(P. O. San Francisco), Cal.
i'
Bond Call—The fiscal agent of
the Authority, the American Trust
Co., San Francisco, calls for pay¬
ment on September 1, from excess
Bridge
Toll
California
in the Reserve Fund, $1,794.000- principal amount of the
Authority, San Francisco-Oakland
moneys
revenue
bonds.
be redeemed on
at
Fund
Sinking
Bridge
Toll
Bay
Said bonds will
redemption date,
103%% of the principal
said that a suit will be heard on
Springs, Colo.
Bond Call—Robert F. SonnekColorado
has announced
that
all
outstanding refunding
bonds, Department of Water and
Water Works, issue of 1936, Nos.
1 to 312, amounting to $312,000,
are called for payment on Sept. 1,
at par, together with accrued in¬
terest.
Denomination $1,000 each.
In the event any of said bonds
have been registered in accord¬
ance with the terms of Ordinance
No. 1518, they shall be paid only
to
the registered
owner.
Said
bonds must be presented with the
coupon maturing on Sept. 1, 1945,
subsequent coupons.
shall be presented
all
and
amount
Clerk,
City
bonds
The
by Circuit Judge G. E.
Holt, to validate the $350,000 golf
club purchase bonds approved by
24
Aug.
COLORADO
son,
18.
election to be held on Aug.
$9,000 in
due
are
the voters
on
June 12.
Palm Beach County
Drain Districts
One
A petition for the issu¬
refunding bonds
July 19.
of
ance
was
age
$27,000
Drain¬
District in Circuit Court on
filed by the Pahokee
Panama
City, Fla.
Bonds Voted—At a recent
tion the voters
are
elec¬
said to have
offers
bidder
the
par
and
accrued interest to date of deliv¬
and state separately the pre¬
ery
mium,
if
for bonds
offered
any,
forV which bid is made.
Principal
payable at the County
Treasurer's office. The legal opin¬
and interest
ion
s5>f, Orrick, Dahlquist, Neff &
Herrmgton, of San Francisco, as
to J;he validity of said bonds, will
be delivered to the successful biddei^'ffree of charge. No condi¬
tional bids will be considered. En¬
close; (a certified check for 5 % of
the
terest rate in the bid and the fur¬
ther fact
that
in
amount
an
-
close
162,
v.
—
506
p.
—
Paying
check for
5%
of
reject any or all bids. The
payment of said bonds and the
and to
Bonds Voted—The
enue
$400,000 rev¬
certificates submitted to the
voters
at the election held
on
July
Staats
Co., all of San 24, were'favorably voted.;
as
2s, at a price of
100.125, a basis of about 1.986%. | Hendry County Special Tax School
District N 0.7 (P. O.La Belle), Fla.
The
$38,000
Alhambra
City
July 31—v.
162,
p.
506—were
| bonds offered for sale
Bond Sale—The $450,000
on
■
162,
awarded to the William R. Staats
—v.
Co* o| San Francisco, as l%s, at
price of 101.05), a basis of about
1.62%. Denomination $1,000. The
the *
a
next
highest bidder
was
Lawson,
p.
179—were awarded to
Ranson
Miami.
-
Davidson
Dated
April
Denomination $1,000.
due
are
on
school
July 27
Co.
1,
of
April 1, 1946 to 1965.
The next highest bidder was John
at
Nuveen
Orhhge'
County,
School
District
bonds offered for sale
—v.
the
162,
p.
Anaheim,
on
July 31
506—were awarded to
Southern
as
.
County
1.60s.
Supreme
on
Bond Sale—The $240,000 school
Bank
of
Dated July 1,
&
Co.
Miami Beach, Fla.
Garden
Grove
(P. O. Santa
Ana), Cal.
•
secured
or other like
petroleum accruing
gasoline
of
16 of Article IX of
under Section
Court
Ruling
Sought
Bond Validity—The auditorium
construction, hospital construction,
park
area
improvement and parking
acquisition bonds amounting
of the State,
by
terms of which the Legislature of
to continue
is required
said tax for a period
of 50 years from Jan. 1, 1943, and
is
prohibited from withdrawing
the
proceeds: thereof from, the
operation of said Constitutional
pro visidri during said period.
' •
Polk
Special
County
and
Road
Bridge District No. 11 (P. O.
Bartow), Fla.
_
Offering—It is stated by
A. Johnson, Executive Di¬
Bond
Thos.
rector of the
State Board
of Ad¬
ministration, that the Board will
in
bids
sealed
at
its
office
3 p.m. on
Aug. 14, for the purchase of $30,000 coupon SBA refunding, Series
1945 bonds.
Denomination $1,000.
Dated Oct. 1, 1945.
Due on Oct.
1, 1957.
Principal and interest
nayable at the Florida National
Tallahassee,
$2,450,000
.
guided as to thg fairness of the
price offered for the properties by
a report of the Securities and Ex¬
change
Commission, ' which
is
anticipated within the next few
A number of investment
weeks.
banking houses have evinced in¬
terest
in
the
proposed transit
.
Sarasota County (P.
Fla.
Bond
O. Sarasota),
Offering—It is stated by
Thos. A. Johnson, Executive Di¬
rector of the State Board of Ad¬
ministration, that the Board will
authority bond issue.
Chicago Park District (P. O.
Chicago), III.
Bond
Call
J.
R.
—
of
President
Park
the
Dunham,
District,
office
calls for payment at par and ac¬
crued interest on Sept. 1, the Dis¬
Tallahassee, until 3 p.m., on
Aug. 14, for the purchase of $105,000 coupon SBA refunding, Series
1945 bonds.
Denomination $1,000.
Dated Oct, 1, 1945.
Due on Oct.
1, 1965.
Principal and interest
issue of 1941, series
H, refunding bonds, Nos. H-531 to
H-795, amounting to $265,000.
On presentation and surrender
of said bonds on Sept. 1, 1945, the
payable at the Palmer National
Bonds to bear interest expressed
due on and after Sept. 1,1
1945, thereto belonging, at the
District Treasurer's office; or at
in
the
sealed
receive
bids
at
its
in
Trust
&
Bank
multiples of
one-twentieth
Co.,
Sarasota.
V\, one-tenth or
1%, at lowest
of
rate obtainable when sold at par,
at 3% when sold to the bidder
or
who
will pay the highest price
therefor, the Board reserving the
exclusive
and
unqualified right
to determine who is the best bid¬
der and to
reject any or all bids.
payment of said bonds and
The
the
thereon
interest
will
be
se¬
cured by a
pledge of the full faith,
credit and taxing power of said
County,
and. additional
pledge
of said County's distributive share
of
tax of two cents per gallon
sales of gasoline or other like
a
on
products
of
petroleum
accruing
the State Is required to continue
the levy of said tax for a period
of 50 years from, Jan. 1, 1943, and
is
prohibited from withdrawing
the
proceeds thereof from the
operation of said Constitutional
provision during said period.
Tampa Suburban Sanitary District
(P. O. Tampa), Fla.
trict's 2%%
bonds
called
so
and
interest
all
coupons
First National Bank of Chi¬
payment
cago,
shall
made
be
for
bonds
said
holders
the
to
thereof; and the privilege is ex¬
to holders of the bonds
tended
called, to present them with in¬
terest coupons due on and after
thereto belonging
prior to that date,
namely at any time on or after
July 27, 1945, and holders will at
once receive in full payment the
same amount of principal and in¬
terest as is payable on Sept. 1, R
1945. Dated March 1, 1941.
De¬
nomination $1,000. Due March 1,
Sept.
for
19.45,
1,
payment
1961.
Treasurer Edward E; Brown
is
hank, City Comptroller, has an¬
nounced that at the election held
31, the creation of the
authority *to con¬
sewerage disposal systems
and finance them through sewer
service charges, issuance of bonds,
and special benefit tax levies was
approved.
,
July
on
District
with
struct
-
Bank of Jacksonville.
Bonds
are
to bear interest
tiples
of
twentieth
hospital
June
22
to
Rexburgj,
Details—The
$100,awarded on
First
Security
bonds
the
Trust
Co., of Salt Lake City, as
2%s and Is—v. 162, p. 291—were
sold
at
1960
inclusive.
%,
expressed in mul¬
one-tenth or one-
of
1%.
at
the
lowest
Sept. 1, 1955.
on
Cook County School District
No. 85
III.
Elm wood Park),
O.
(P.
Publicly Offered—An is-,
sue of $15,800 3%% funding bonds
is being offered for sale by Daniel
F. Rice & Co., of Chicago. Dated
March
1,
1945.
Denimonation
Bonds
$1,000, one for $800. These bonds
are
due on September 1, 1953.
Principal and interest payable at
the Northern Trust Co., of Chi¬
cago. Legality approved by Chap¬
man & Cutler, of Chicago.
These
bonds
were
amount
ness,
sel,
of
issued to fund
a
like
outstanding indebted¬
and, in the opinion of coun¬
direct and general obli¬
are a
able from ad valorem taxes levied
County (P. O.
Sale
Bond
000
due
gation of the School District, pay¬
IDAHO
Madison
est, the district's refunding bonds,
Series B, dated Sept. 1, 1935, and
„
Creation Approved—H. D. Pel-
Dated July 1, 1945.
The bonds are due from 1947 to
par.
l
until
authorizedr at the rate obtainable when sold at par,
election held on April 24, will be or at 3% when sold to the bidder
to
required to con¬
tinue the levy of said tax for a
period of 50 years from Jan. 1,
1943, and is prohibited from with¬
drawing the proceeds thereof from
the operation of said Constitu¬
tional provision during said pe¬
Ida.
receive
1945.
These bonds
Levy & Williams, for $38,000, l%s,
,price of 100.64.
of
products
Francisco,
School District bonds also offered
be
by a pledge of the full faith, credit
and taxing power of said County,
and an additional pledge of said
State
Gainesville, Fla.
<jf tlie Bank of America National
on
will
thereon
interest
the levy of
funding bonds.
State is
Sept. 1, at par and accrued inter¬
the
were
Constitution of the
the Constitution of the State, by
terms of which the Legislature of
the highest price there*
for, the Board reserving the ex¬
clusive and unqualified right to
determine who is the best,bidder
Constitution
re¬
under Section 16 of Article IX of
3% when sold to the bidder who
will pay
sales
—
gasoline or other like
of petroleum accruing
products
said to be calling for payment on
the
Agent
system
in the Chicago area.
16 of Article IX of
County's distributive share of a
tax of two cents per gallon on
Drainage District, Fla.
surface lines and elevated
the Federal District Court will be
on
under Section
for the district's issue of 1945
on
Trtfst & Savings Association, Blyth
& >-Cpv:< Weeden & Co., and the
William R.
than
less
municipal ownership and opera¬
tion the present privately-owned
obtainable when sold at par, or at
The
Marine
Midland Trust Co., New York, has
been appointed as paying agent
syndicate composed
a
not
FLORIDA
Angeles County School Dist.
v (PO. Los Angeles), Cal. /
•'
Bond Sale—The $2,075,000 Centinela Valley Union High School
awarded to
of
certified
a
East Shore
Los
July-^31
ac¬
the amount bid.
1
District bonds offered for sale
will be
$2,000 above the face value of the
issue.
Bids may be made subj ect
to the opinion of Joseph A. L.
Errigo of Wilmington, Attorney
for the Board, only, a copy of
whose opinion will be furnished
the purchaser upon request.
En¬
R>qnds bid for, payable to the
County Treasurer.
bid
a
ceptable to the Board only if it is
The transit authority was created
for the purpose of acquiring for
State, by
gallon
riod.
July 20.
tion the validity
the terms of which the Legislature
of
sales
refunding bonds was approved by
S. White, Circuit Court
following a * hearing 'on
share
of establishing beyond ques¬
of the program.
pose
The agency
is empowered to issue up to $90,000,000 revenue bonds for such
purpose.
Both of the operating
companies are in bankruptcy and
tax of two cents per
a
of the
Joseph
Judge,
distributive
District's
said
the
plus'interest thereon due on that for redemption and payment at
date. '-Said bonds hereby. called the Exchange National Bank of approved the issuance of $280,000
must be surrendered on said re¬
Colorado Springs, or, at the option hospital bonds, to be used in con¬
nection with a $200,000 Federal
demption date with all interest of the holder, at the Chase Na¬
coupons maturing on or subse¬ tional Bank, New York City.
In¬ grant.: \
quent to said redemption date at terest ceases on date called.
Pahokee Drainage District, Fla.
the principal office of the paying
Paying Agent—It is announced
DELAWARE
agent, Bank of America National
that the Marine Midland Trust
Trust; and
Savings Association, New Castle County Henrik J.
Co., New York, has been appoint¬
San Francisco, or at the option of
Krebs School District No. 21
ed as paying agent for the dis¬
the Respective holders thereof, at
(P. O. Newport), Del.
trict's issue of 1945 general re¬
the office of the collection agent,
Bond
Offering—Herman
D. funding bonds.
the, Guaranty Trust Co. of New
Walker, Chairman of the Board
Pinellas County (P. O, ClearIfrfcK? City, for redemption at said
of
Trustees, will receive sealed
redemption price. Interest ceases
■}RR: water), Fla.
bids until noon (EWT) on Sept.
on date called.
Bond Offering—It is stated by
>•);
v
10 for the purchase of $100,000
Thos. A. Johnson, Executive Di¬
Contra Costa County, Orinda Union school coupon bonds, not exceed¬
rector of the State Board of Ad¬
.00* School District (P. O.
ing 21/2% interest.
b
Martinez), Cal.
Dated Oct. 1, 1945.
Denomina¬ ministration, that the Board
receive sealed bids at its office in
■>' Bond
Due Oct. 1, 1946 to
Offering—W. T. Paasch, tion $1,000.
Rate of interest to be in Tallahassee, until 3 p.m. on Aug.
County Clerk, will receive sealed 1965.
bids Until 11 a.m. on August 13 multiples
of one-eighth of 1% 14, for the purchase of $110,000
coupon
SBA refunding,
Series
for the purchase Of $75,000 build¬ and must be the same for fill of
1945 bonds.
Denomination $1,000.
Principal and interest
ing bonds, not exceeding 5% in¬ the bonds.
Dated Oct. 1, 1945.
Due on Oct.
terest. Dated Aug. 1, 1945. De¬ payable at the Farmers Bank at
Principal and interest
nomination $1,000. Due $1,000 in Wilmington.
The bonds shall not 1, 1965.
1946, $2,000 in 1947 and 1948, and be sold at less than their face payable at the Florida National
Bank of Jacksonville. Bonds are
$5,000 in 1949 to 1962. The bonds value, and will be awarded to the
to
bear
interest
expressed in
will be sold for not less than par bidder naming the best offer in
and f accrued interest to date of the opinion of the Board, after multiples of %, one-tenth or onetwentieth of 1%, at lowest rate
delivery, and each bid must state considering the lowness of the in¬
that
taxing power of said Dis¬
and
trict, and an additional pledge of
issue of $344,000 East Shore Drainage District
Other Pending—An
secured
by a pledge of the full faith, cred¬
it
of
West Palm Beach), Fla.
Bond
Issue
Approved—
(P. O.
thereon will be
interest
Court, which is expected to pass
the issue sometime in Septem¬
ber.
The action was brought on
behalf of the State for the pur¬
on
\
against all of the taxable prop¬
erty located therein, without limi¬
tation
to rate
as
Crook
Township
or
amounts
(P.
O. McLeans-
boro), III.
Bond Sale—An issue of
3%
semi-annual
$15,000
road bonds
was
awarded
recently to the Illinois
Municipal Bond Co., of MurphysDated July 15, 1945. Legal¬
ity approved by Charles & Trauboro.
ILLINOIS
ernicht, of St. Louis.
Chicago Metropolitan Transit
Authority, III.
Validity Upheld—Circuit Court
Judge Julius H. Miner ruled at
Chicago on July 30 that both the
transit
authority and the State
legislation under which it was
created
are
constitutional
in
all
decision will be
appealed to the Illinois Supreme
respects.
The
•••'
Farmer
Bonds
City,
Authorized
III.
—
The
City
Council is said to have approved
an ordinance calling for the issu-:
ance
of $75,000 electric light plant
and system
•V-.
•'.
Bonds
nance
.
bonds.
iGreenuo, III.
.
Authorized—An
ordi¬
calling for the issuance of
refunding bonds is said
electric light plant and
been passed recently by
system
$47,000
have
to
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
Volume 162
the Village
Council.
terest cost to the
City, to be de¬
by cumputing the total
78, 80, 82 to 84 and 86 to 108, are the purchaser. Enclose a certified
called for redemption on Sept. check for
$5,000, payable to the
1,
Dated June 1, 1938.
Denom¬ District.
their
maturities
and
ination
deducting
$1,000 each. Interest
therefrom the premium bid, if any. ceases on date called and shall not
maine
Principal and interest payable at be paid, subsequent to the date.
Auburn, Me.
the Citizens National Bank, Tell The bonds will be
paid upon pre¬
Bond
Offering—I. B. Safford,
City. Said bonds are payable out sentation at the Kentucky Title
City Manager, will receive sealed
of the revenue to be derived from Trust Co of Louisville.
bids until 4 p.m. on Aug. 6 (to¬
the operation of the City's munici¬
Owen County (P. O.
Owenton), day), for the purchase of $35,000
pally owned water works, and will
r'V"• ppv
Ky,y;/p^jy;^p.p;py'' '■ public improvement and equip¬
not constitute a corporate indebt¬
ment coupon bonds.
Dated Aug!
Bond Offering—Sealed bids will
edness of the City within the pro¬
15, 1945.
Denomination $1,000.
visions
and
limitations
of
the be received until 11:30 a.m. on
These bonds are due $7,000 on
constitution of the State. The ap- August 7, by O. E. Rose, County
Aug. 15, 1946 to 1950.
Bidders to
poving opinion of Ross, McCord, Court Clerk, for the purchase of
name
the rate of interest in a
Ice & Miller, of Indianapolis, to¬ $59,000
school building revenue
multiple of one-eighth of 1%. No
gether with a transcript of the refunding bonds. Interest rate is
not to exceed 2y4%, payable A-O, bid for less than par and accrued
proceedings had relating to the
interest will be accepted.
Prin¬
issuance of said bonds, will be Dated Sept. 1, 1945. Due on April
furnished to the purchaser at the 15 as follows:
$3,000 in 1948 to cipal and interest payable at the
Merchants National Bank of Bos¬
expense of the City.
No condi¬ 1956, and $4,000 in 1957 to 1964.
ton. ' The bonds will be prepared
tional bid or bids for less than All of said bonds at any time out¬
under
the
supervision of
and
the par value of said bonds at the standing shall be redeemable in
certified as to genuineness by the
interest rate named by the bidder whole or in part in the inverse
order of their numbering prior Merchants National Bank of Bos¬
will be considered. Enclose a cer¬
ton and their legality approved by
tified check for $500, payable to to maturity on any interest pay¬
Ropes, Gray, Best, Coolidge &
ment date upon 30 days' published
the City.
notice, and in the event of such Rugg of Boston, whose opinion
will be furnished the purchaser.
iowa
redemption,
additional
interest
will be paid as to any such bonds In the event that prior to the de¬
Bennett Consolidated School
at the time of such
redemption livery of the bonds, the income re¬
District, la..
ceived by private holders from
equal
to 3%
of the
principal
Bond Election Held—An issue
amount thereof if called for re¬ bonds of the same general type
of $100,000 construction and
demption on or before Oct, 15, and character shall be taxable by
equipment bonds was * submitted 1950, and without
the terms of any Federal income
payment of any
to the voters at an election held
tax
additional interest if called for
law, the successful bidder
on Aug. 3.
redemption thereafter. Both prin¬ may, at his election, be relieved
cipal and interest of the bonds of his obligations under the con¬
Delaware County (P. O. Man¬
will be payable at the People's tract to purchase the bonds. ■ De¬
chester), Iowa
Bank & Trust Co., Owenton. Bid¬ livery will be made at the above
termined
interest
on
all
of
bonds
the
terest payable at the Detroit Trust
Co., Detroit.
to
all of the
The
ered.
No bid for less than
bonds will be
district
is
consid¬
authorized
-
" D.
C.
Called
Certificates
Electric
.
•:
—
Clerk, an-
Village
Boots,
that all of the outstand-
jj.
nounces
i
ing $47,000 3% electric light plant
and system certificates of indebt¬
r
edness, dated March 1, 1942, have
called for redemption on
been
Sept. 1, 1945, at par and accrued
interest. The certificates are num¬
bers 16 to 62, both inclusive, and
mature on September 1 from 1946
to 1954 inclusive The certificates,
with Sept. 1, 1945 and subsequent
coupons attached, must be pre¬
sented in negotiable form at the
Greenup National Bank, Greenup.
;
i
indiana
Anderson
i'
«'■
Township School Town-
ship (P. O. Anderson), Ind.
;
Sale—The
Bond
sale
July 26—v. 161, p. 397—
to the Anderson
on
were
for
offered
bonds
purchase
ing
$19,000 build-
awarded
Bank.& Trust Co., as Is, at a price
100.44, a basis of about 0.92%.
July 1, 1945.
Denomina¬
tion $500.
These bonds are due
of
Bated
$1,000 on July 1,1946 and on Jan,
and July 1, in 1947 to 1955., The
next highest bidder was the indianapolis Bond & Share Corp.,
Indianapolis, for iy4s, at a price of
!i
'!
I 100.62,
Converse School
Town, Ind.
Offering —J.
Bond
E.
the Board
of
Treasurer
Fraley,
of Trus¬
f
4
■M
;
.
r
•
,
Bonds
held
on
the
at
*
expense
of
the
,
Enclose
considered.
for
check
$600,
certified
a
payable
•
bonds were
(These
the
to
School Town.
(>
originally
scheduled for sale on July 30, but
the offering was
postponed.)
Indianapolis Park District, Ind.
Sale—The
$68,000 park
bonds offered for sale on July 30
Bond
.—v.
the
162, p. 398—were awarded to
City Securities Corp. of In¬
1^4s, at a price of
101.139, a basis °f about 1.15%.
.Dated Aug. 1,1945. Denomination
$1,000.
These, bonds are due on
Jan. 1, from 1947 to 1969.
The
only other bidder was the Fletcher
Trust Co., Indianapolis, and the
Indianapolis Bond & Share Corp.,
jointly, for l^s, at a price of
dianapolis,
*
jf
I
July
by
24
election
the
the
voters
ap¬
margin the
$100,000 county
wide
a
payment date
1957.
Rate
on
of
or
after July 1,
interest
to
be
in
School multiples of V\ of 1%. The-bonds
No conditional bids will be
Town.
*
Voted—At
tees; will receive sealed bids until issuance of
the
2 p.m. (CWT), on Aug. 10, for the
hospital bonds.
purchase of $12,000 improvement
of 1945, bonds not exceeding 5%
Essex, Iowa
interest. Dated Aug. 1, 1945. DeBonds Voted—An issue of $80,nomination $600. Due $600 July 000 municipal power and light
1, 1946, and Jan. and July 1, 1947 plant bonds was favorably voted
to Jan. 1, 1956. Rate of interest to
at the election held on July 20.
be in multiples of
of 1% and
kentucky
not more than one rate shall be
named by each bidder. Said bonds
Henry County (P. O. New Castle),
are
being issued for the purpose
Ky.
of procuring funds to be used in
Bend Offering—Sealed bids will
the remodeling and improving of
be received by the County Clerk
the school building in the School
until 11 a.m. on Sept. 5, for the
Town. Said bonds are the direct
purchase • of $67,000
road
and
obligations of said School Town,;
bridge refunding bonds.
Interest
payable out of unlimited ad val¬
rate is not to exceed 2%%, pay¬
orem taxes to be levied and col¬
able
J-J.
Denomination $1,000.
lected on all of the taxable prop¬
►Dated July 1, 1945.
Due on July
erty of the School Town.
The
opinion of Ross, McCord, Ice & 1, 1975; callable at par plus ac¬
interest on any interest
Miller of Indianapolis, approving crued
the legality of said bonds, will be
furnished to the successful bidder
.
as
are
103.
to
be
sold
Said
subject
to
the interest
for
bonds
the
on
not
are
less
to
principal
be
of
than
sold
and
said bonds not be¬
ing subject to Federal or Ken¬
tucky ad valorem or income tax¬
ation on the day of their delivery
to the successful purchaser and
to the final approving opinion of
Woodward, Dawson, Hobson &
Fulton of Louisville, being given
as to their legality.
The County
will
furnish
said
opinion and
printed bond forms.
Enclose a
Johnson
County (P.
ville), Ky.
O.
Paints-
.
Bonds Offered for Investment—
Stein Bros, & Boyce of Louisville,
is offering for general subscrip¬
tion
ders may
specify and bid for the
bonds with a lower interest rate
than 2%%, but the same must be
in multiples of Va of 1% and in
no
event
will
10214% of
a
bid
of
$35,000 2%% coupon school
buildifig revenue refunding bonds.
}9 100.31.
Denominations $500 and $1,000.
i
Tell City. Ind.
Dated July 1, 1945.
Due serially
! - Bond Offering—Sealed bids will on Jan. 1 in 1946 to 1958, inclu¬
I • - be received until 2 p.m. on Aug; sive. Principal and interest
(J-J)
14,/by: Nickolas T. Beumel, Jr., payable at the Second National
: City Clerk-Treasurer, for the purBank of Paintsville.
Subject to
i
chase of $40,000 water works rev¬
approval as to legality by Skaggs,
for
bank
graphic
cepted.
Boston
funds.
.
will
N
'
,
1945 to
must
be
so
conditioned.
A certi¬
fied check of $2,000 must be fur¬
nished by the bidders.
louisiana
Acadia Parish, Fourth Ward Drain
District No* 1 •/ (7V O.
v
:
Crowley)* La*
Boston,
the purchaser. The purchaser shall
pay the cost of
lowest interest cost to the school
district after deducting the prem¬
ium
offered, if any. In deter¬
mining the net interest cost, in¬
terest
terest
Bank
of
certified check for 2% of the total
value of the bonds,
the District Treasurer. ;
ac¬
Mich.
District
$3,000,-
Denominations
These
bonds
are
in 1946 to 1969.
Aug.
$1,000
1945.
or
$500.
due on Aug. 1,
1,
A certified tran¬
script and the approving opinion
of Chapman & Cutler of Chicago,
will be furnished the purchaser,
without cost.
Enclose
a
certified
check for $1,000, payable to J. P.
Gray,
President of the Board of
Commissioners.
No.
Parish
IS
Bond
School
District
Offering—Thos.
W.
Mc-
Secretary
of
the
Parish
School Board, will receive sealed
bids.until 11 a.m. on Aug. 22, for
the purchase of $140,000 building
and equipment bonds, at not ex¬
ceeding 4% interest.
Dated Aug.
15,
1945.
Denomination
$500.
These bonds are due on Feb. 15,
follows:
$3,500 in 1946 and
1947, $4,000 in 1948 to 1954, $4,500
in 1955 to 1958, $5,000 in 1959 to
1971 and $5,500 in 1972 to 1975.
The approving opinion of Wood,
Hoffman, King & Dawson of New
York, will be furnished the pur¬
as
were
Boston
without
cost.
Enclose
which
at
The
Other
the
,
h U
vr
:
Bond Sale—The
$345,000 cbtqfoh
building bonds offered for sale* oh
30—v. 162, p. 398-^were
of
July
0.27%.
awarded
were
Minneapolis.
as
due
1965
■
_
0.38%
Highest
the
was
',
'
Meeker*. Couptj.es,
Indep. Cons. Sch. Dist. N0.. 8Q
(P. O. Kimball), Minn.j j;.
high¬
and
.
.
,
Stearns,
Rehobo*h, Mass.
$16,150
1, from 1948 to
The next
First; National
Bank, Minneapolis.
,.
v
0.28%
________
Feb.
on
inclusive.
bidder
•
J.
to
M. Dain & Co; of
Dated Aug. 1; 1045.
Denomination $1,000. These b'ohds
Nov. 28,
on
are
Sale—The
the amount
available for this pur¬
Aug. 6. Offerings shoUld
Earth), Minn.
National Bank,
Note
to exhaust
MINNESOTA
Rate
Boston
right
Faribault County Independent Sch.
District No. 14 (P. O. Blue '
Third National Bank,
First
Education V re*
to waive c any
be firm for three days,
Co., of Spring¬
bidders
-
of
of money
follows:
Springfield
for
touthe
:•?
Board
sufficient
$200,000 tempo¬
due
sold
0.46%
discount
are
amount
irregularities in the tenders;.to ac¬
cept the tender or tenders which
in the opinion of the board are
most favorable to the district; and
to purchase additional securities
§ 0.475%
a
these
declared bond
the
they will be
serves
notes were awarded recently
rotes
sinking
$10,605.61.
district.
Chicooee, Mass.
These
to
should
and
V
Leavitt & Co
field,
the
0.43%
Bank,
to t.^e Union Trust
receive
(EWT),
purchase f of
in
amounts
pose on
(plus $1)__^
Note Sale—The
will
the retirement of
Offerings
Rate
'
First National
1
•
the
hand
on
numbers
follows:
as
.
notes offered for sale on July
Bonds Sold—An issue of $24,000
27, were awarded to the First Na¬
tional Bank of Attleboro, at a dis¬
count of 0.45%.
The next highest
bidder was the First National
coupon, semi-annual refunding
bonds was offered for sale on 1Jiuly
Bank, Boston, at 0.465%.
Denomination $1,000.
way
'•
Buchanan School
District, Mich.
and
26
awarded to
was
son-W illiams Co. of
the j Ali¬
Minneapolis.
Dated, iJuly
15, 1945.
Due $2,000 from rJan,
15, 1948 to 1959 inclusive.
U v
michigan
<
'-/£ Bonds Voted—An issue of $45,—
enue bonds.
Interest rate is not to
Hay & Fahey of Louisville.
certified check for 3%
of the 000 construction bonds was fa¬
|
exceed 3%, payable J-D. DenomiThese bonds are subject to re¬ amount of the bonds, payable to vorably voted at an election held
*
nation $1,000. Dated June 1, 1945.
on July 23, to be used in connec¬
demption prior to maturity on any the School Board. ;
;
j
Due on June 1 as follows: $2,000
tion with a grant from the Fed¬
interest payment date in whole or
in 1946 to 1950, and $3,000 in 1951
Jefferson Parish Garbage District eral Works
in part unon 30 days published
Agency of $78,000.
No. 2 (P. O. Gretna), La.
to 1960, ootional on June 1, 1951,
notice in inverse numerical order
Bedford Township School District
or
any
interest
payment
date at 104 and accrued
Bond Offering — William Hepinterest to
(P. O. Detroit), Mich.
i ; thereafter, in
inverse.numerical and
including January 1, 1950, ting, Secretary of the Police Jury,
order at 103 on 30 days' notice.
Bond Offering—Sylvester Shear,
will receive sealed bids until 1
at 103 and accrued interest to and
Rate of interest to be in multiples
District
Secretary, will - receive
including Jan. 1, 1955, and at p.m. on August 29 for the purchase
of Va of 1% and not more than
of $250,000 public improvement sealed bids until 8 p.m. (EWT), on
102 thereafter.
"
'
one rate shall be named by each
bonds, not exceeding 4% interest. Aug. 13, for the purchase of $115,bidder. The bonds .will be awarded McLean County (P. O. Calhoun),
Dated Oct. 1, 1945. Denomina¬ 000 coupon building bonds, at not
to
the highest qualified bidder
KV*
tion $1,000.
3%
interest.
Dated
Due Oct. 1, 1946 to exceeding
Bond
Call—W.
who has submitted his bid in ac¬
L.
1965.
Knuckles,
Payable from unlimited ad July 1,1945. Denomination $1,000.
cordance with the notice of sale. State Local Finance Officer, has valorem taxation. The
Due $23,000 March 1, 1946 to 1950.
approving
The highest bidder will be the announced
that
4%
road
and opinion of B. A.
Campbell, of Rate of interest to be in multiples
one who offers the lowest net in¬ bridge renewal bonds Nos. 77 and
New Orleans, will be furnished of y4 of 1%.
Principal and in¬
chaser
bonds
$25,000,
$5,000. These notes
March 14, 1946.
Other
Bidders
(P. O. Cameron), La.
amount
Denominations
on
6, for
fund for
and
1.943,
Cameron
0.425%.
Bidder
rary
;
series A, issue of 1936, refunding
bonds dated April 1, 193$. ,' The
National
Goldman, Sachs & Co
Dated
to
Wanted—Ralph YaWm,
Secretary,
Aug.
on
at a
Dated Aug.
interest.
1945.
bidders
payable
Royal Oak Township School Diet.
No. 8 (P. O. Hazel Park),
Boston,
discount of
due
on
sealed tenders until 7 p.m.
the
to
Offering—J. C. Fremaux,
Secretary of the Board of Com¬
missioners, will receive sealed
bids until 3 p.m. on Aug. 31, for
the purchase of $40,000 improve¬
ment bonds, at not exceeding 4%
are
will :<not be
deductible and? in¬
bonds will be computed
as
par
Mass.
awarded
were
$10,000
premium
from Aug. 13, 1945, to the
respec¬
tive maturity dates.
Enclose a
Chealsea, Mass,
Note Sale—The $300,000 tempo¬
rary notes offered for sale on Aug.
1,
on
considered
July 27 to the First Boston
Corp., and the Chemical Bank &
Trust Co., jointly, at a discount
of 0.45%,
The only other bidder
was
Halsey, Stuart & Co., at
0.48%, plus a premium of $65.00.
Due on Nov. 6, 1945.
Shawmut
Bond
printing the .bonds.
The bonds shall be awarded to the
bidder whose bid produces. < the
Tenders
Note Sale—An issue of
1
at an
16,1945.
June
on
opinion of the pur¬
chaser's attorney approving the
legality of the bonds. The cost
of such opinion shall be paid by
on
Woodward, Dawson, Hobson &
Fulton, of Louisville, and all bids
held
unqualified
Tele¬
be
15,
The Fiscal Court will
the approving opinion of
inclusive/,
1949, both
election
Bids shall be conditioned updn the
000 temporary notes was awarded
par
1945.
increase in
an
tax limitation to 1.9% of thb as¬
sessed
valuation for the4 years
■
proposals
be favorably con¬
sidered. These bonds will, bear no
interest from Sept. 1, 1945, to Oct.
furnish
the
district authorized
massachusetts
less than
Call,
certified check for $1,000.
.
.
required by law to levy upon
taxable property therein
such ad valorem taxes as may be
necessary to pay the bonds and
interest thereon, within the lim¬
itation prescribed by Section 121,
Article X of the Michigan Consti¬
tution and the Michigan ''Prop¬
erty Tax Limitation Act"r The
all
■
proved
'
and
.
Missouri
a
.
.
.
St.
Bond
<
Mo.
Joseph,
Sale—The
■-
$126,000
cou¬
•
.
-
,
pon
semi-annual refunding bonds
offered for sale
p.
Stuart &
of
on
Co., as IV4S, at a price
100.9347,
Dated
a
Sept.
basis of about 1.13%.
1,
1945.
Due'from
Sept. 1 in 1950 to 1965, iiiclusive.
The
second best bid
was
a
joint
offer by the Harris Trust'
ings
Bank
of
EmDire Trust
Chicago,
Co.
'
July 30—v.; 162,
508—were awarded to Halsey,
of 100.60 for iy4s.
of
St.
Sav¬
and
the
Joseph,
rate
MONTANA
Lodge Grass, Mont.
Offering—It is stated by
,
Bond
Town Clerk, that
W. T. Shaw, Jr.,
he will receive sealed bids
until 2
Aug. 13, for the purchase
following bonds aggre¬
on
the
p.m.
gating $73,000: $35,000 water sys¬
tem; $12,000 Improvement District
No. 1, water system, and $26,000
Improvement District No. 2, sew¬
age system bonds.
y
posal is received. As between pro¬
posals at the same lowest interest
rate, the bonds will be sold to the
bidder or bidders offering to pay
not less than the principal amount
$50,000 and accrued interest,
and to accept therefore the least
amount of bonds, the bonds to be
of
accepted being those first matur¬
ing, and if two or more bidders
offer to
accept the same least
amount
of
bonds at the same
lowest rate of interest, then said
Musselshell County (P. O.
?
Roundup), Mont.
Tenders Invited—It is bonds will be sold to the bidder or
stated by Delia E. Webb, Clerk of bidders offering to pay therefor
the highest additional price, which
the Board of County Commission¬
price shall not exceed by more
ers, that the Board will receive
tenders until 10 a.m. on Sept. 5, than $1,000 the par value of the
bonds hereby offered for sale. In
of March 1, 1937, refunding bonds,
addition to the price bid the pur¬
at prices less than par.
chaser must pay accrued interest
Saco School District (P. O. Saco), at the rate borne by the bonds
Mont.
from the date of the bonds to the
Bonds
Voted—It
is
reported date of payment of the purchase
that the voters approved at a re¬
price. Proposals are desired on
cent election the issuance of $120,- forms which shall be furnished by
000 construction bonds.
the Borough. The bonds will be
-
j
Bond
delivered
NEBRASKA
.
Aug. 28, 1945, or as
as they may be
The
prepared.
Omaha, Neb.
| ^
on
thereafter
soon
the
of
legality
Lavallette, N. J.
Ordinance
Pending—A
Bond
ordinance
bond
the
for
calling
bonds
$300,000 2%% and 3%
issuance of
the administration
Mayor Dan B. Butler
of Omaha, which was superseded
at this year's Spring election by
a mew City Council favorable to
public ownership. More recently,
Representative Lyle H. Boren of
by
of; former
a rate higher than the
lowest rate stated in any legally
specifies
'■*
who
company,
declared that
they would be glad to cooperate
in any investigation of the facts
involved in the proposed sale.
■,
u."';
■
New
-
High School
District No. 1 (P. O. Valley
Stream), N. Y,
Bond Offering—George Lederle,
District
Treasurer, will receive
acting
announced on
July 30 that New Jersey's net debt
had been reduced from $50,410,000
Year—James
State
B.
Sautter,
Treasurer,
Aug. 9 for the purchase of $54,000
school site coupon or registered
Jersey since 1935, when the net
debt was $109,765,653.
bonds, not exceeding 5% interest.
Union
(P.
County
Elizabeth),
O.
J.
N.
Treasurer,
County
bids
sealed
ceive
N. Pier-
to
tenth of 1% and must be the same
until
noon
submit
to
$25,000
has
election to be held to
the
voters
municipal
been
presented
Council.
issue
an
airport
to
of
bonds
the
City
'/v.,
be
linger,
Borough
sealed
(EWT)
Treasurer,
will
on
bids
until
3
same
of any Federal
law, the successful
bidder may, at his election, be
relieved of his obligations under
the contract to purchase the bonds
and in such case the deposit ac¬
companying his bid will be re¬
turned.
NEW JERSEY
Avon-by-the-Sea, N. J.
Bond Offering—Robert R. Bol¬
receive
the
p.m.
Aug. 14 for the pur¬
chase of $50,000 reconstruction of
1945, coupon or registered bonds,
tax
The successful bidder will
furnished with
the opinion of
Hawkins, Delafield & Longfellow
of New York, that the bonds are
valid and legally binding obliga¬
tions of
Enclose
the
a
Board
of
Education.
certified check for $18,-
400, payable to the Board of Edu¬
cation.
■' /-.-uC'V
exceeding 6% interest. Dated
Aug. 1, 1945. Denomination $1,000.
Due $5,000 Aug. 1, 1946 to 1955.
v
Rate
of
interest
ples
of
V4
and
must
or
be
the bonds.
to
be
in
one-tenth
the
same
multi¬
of
1%
for all
of
Principal and interest
payable at the First National Bank
of
Bradley
Beach.
No
proposal
Will be considered for bonds at
a
Refunding
mission
the
took under
refunding
The
of
valid
obligations of the School District,
all the taxable real property with¬
in which will, be .subject to the
to
offer
the
accept
amount of bonds, in
the interest
on
a
class
includes
levy of ad valorem taxes to pay
bonds and interest thereon,
without limitation as to rate or
Enclose
County.
a
and character shall be taxable by
law, the successful bidder
may, at his election, be relieved
of his obligations under the con¬
tract to -purchase the bonds and
in such case the deposit accom¬
panying his bid will be returned.
The approving opinion of Vandewater, Sykes & Heckler of New
York City, will be furnished to
the purchaser without cost.
En¬
close a certified check for $1,080,
payable to the District.
construction
bonds
struction
Commission
will
,
bonds.
meet
on
Aug. 20, at which time the application to refund the bonds will
be
further
Las
considered.
on
coupon
July
awarded
162,
Gouv-
price
a
were as
or
certified
follows:
100.30
.
George B. Gibbons & Co.,
100.32
Inc., For 1.90s
NORTH
*
CAROLINA
County (P. O. Gastonia),
Gaston
N.C.
Offering—It is stated by
Bond
W. E..Easter ling, Secretary of the/
Local
Government Commission,
that
he
until
11
his
at
will
a.m.
office
of
purchase
school
receive
sealed
Aug. 7,
Raleigh, for the
(EWT),
in
bids
$125,000
on
coupon
bonds.
Interest
6%, payable
Denominatiorf $1,000. Dated
building
rate is not to exceed
F-A.
Aug. 1, 1945.
Due on Aug. 1:
$10,000 in 1946 to 1956 and $15,000
in 1957.
Principal and interest
payable in New York City.
The
approving opinion of Masslich &
Mitchell of New York City, will
be furnished the purchaser.
A
$2,500 certified check, payable to
the State Treasurer, must accom¬
pany the bid.
Pitt
County Drain District No. 5
(P. O. Greenville), N. C.
Bonds Sold—It is reported by
fa¬
Frank
of
the
M.
Wooten, Jr., Secretary
Board of Commissioners,
that $10,000 semi-annual drainage
bonds were sold recently as 5V2S.
Sanford,
York
New
182—were
Chanute,
as
be received until
11
a.m.
(EWT),
Aug. 7, by W. E. Easterling,
Secretary of the Local Govern¬
on
ment
(
•,
Bidders are re-
City.
5
quested to name the interest rate
or
rates, in multiples of onefourth of 1%. Each bid may name
one
rate for part of the bonds, and
or other rates for the
'
,
^
>
*
another rate
balance,
no
three
than
more
bid may name f
but
rates, and each ■).'
specify in his bid the *
bidder must
each
of
of
bonds
Each
rate
must
bonds
of
amount
rate.
maturities.
to the
The bonds will be awarded
bidder
bonds
offering
the
at
for
bid
be
consecutive
-
purchase the
to
interest cost
lowest
the
to
Town, such cost to be de¬
ter n^ned by deducting the/total/
amount of the premium bid from
the aggregate amount of interest
upon all of the bonds until their
respective maturities. No bid of
less than par and accrued interest(
will be entertained. / The' approv- '
ing opinion of Reed,- Hoyt &
Washburn, of New York City, wilt;
be furnished by the purchaser* Ih
the event that prior to the deliv- -ft
ery of the bonds the income re^
ceived by private holders from ;;'
bonds of the same type and char-,
acter - shall- • be
taxable by the i
,
terms of any Federal income tax
law, the successful bidder may, at:
election, be relieved of his ;*
obligations under the contract tjo u
his
purchase the bonds and in such:^
case the deposit accompanying his .?
bid will be returned. Enclose ja (
certified check for $2,000, payable
State Treasurer. ^
the
to
:
OHIO
Berea
School
City
Bond
Election
$500,000
Ohio
District,
—
An
construction
issue
of
bonds will
be submitted to the voters at the
general election to be held
vember 6.
No¬
on
;
•
Cambridge,
Ohio
Ordinance
*
-
■
Passed—Ant
ordinance calling for an issue
qf
$70,000
2*4%
sewerage
system
first mortgage revenue bonds has
been passed by the City Council.
Dated
tion
June
1, 1945. Denomina¬
These bonds are due
$1,000.
$5,000 on Sept. 1, 1947 to 1960,
optional on Sept. 1, 1955. Princi¬
pal and interest payable at the
Huntington National Bank, Co¬
lumbus.
/
',
Chagrin Falls,
.
Commission, at his office in
Raleigh, for the purchase of $100,-
Ohio
Bond
Sale—The $13,500
V/z%
village hall bonds offered for sale
on July 28—v. 162, p. 294—were
awarded to the Provident Savings
Bank & Trust Co. of Cincinnati,
at a price of 100.25.
Dated May
1,1945. Denomination $500. These
bonds
1947
due
are
Jan.
on
1961.
to
-
from
1,
-
,
o
.
Cincinnati, Ohio
Bond
Offering
—
Arnold
E.
Majoewsky,
Secretary
of
the*:
Board of Sinking Fund Trustees,
will receive sealed bids until nooja
on
23 for the purchase of
$699,000 City bonds held in
Aug.
the
the
investment -account
of
the
Sinking Fund.
Blank forms for*
bids, list and description of bonds
to be offered and information re¬
garding the conditions of said sate
may be obtained from the above
Secretary.
> ;
Bonds
To
Be
Purchased—The;
City
Sinking Fund or City Re¬
tirement System will purchase the
following
bonds
amounting
to
$443,000:
'
$275,000 2 Vz % street improvement
bonds.
Dated
Due Sept.
1,
in
000
bonds
1961
are
July 1, 1945.
follows: $14,1960, and $13,-
as
000 in 1946 to
issue
N. C.
Bond Offering—Sealed bids will
' Loughridge & Co. of Denver,
Registerable as to principal; general
obligations; unlimited tax; deliv¬
ery at place of purchaser's choice.
Principal and interest payable in
4
$5,000 in 1953 to 1968.
Price Bid
l%s
For
;
|
Mex.
Bosworth,
at
September 1, 1945. Due March 1,
as follows: $4,000 in 1948 to
1952,
and
I
Dated
Denomination $1,000.
•
MEXICO
31—v.
sale
exceed 6%, payable
rate is not to
Chas. E. Weigold & Co.,
$160,000 build¬
bonds offered for sale
to
as
Bidder
Bond Sale—The
ing
1.40s,
of
Bank
The other bidders
Vegas Municipal School Dist.
N.
for
399—were
162,
the
to
con¬
of
100.055,' a basis of about 1.39%.
Dated Aug. 1, 1945.
Denomina¬
tion $1,000.
These bonds are due
$1,000 on Aug. 1, in 1946 to 1963.
erneur,
July 24.
NEW
offered
26—v.
awarded
vorably voted at the election held
on
bonds
July
on
these
was
Sale—The
Interest*^*
bonds.
000 coupon sewer
M-S.
Bond
Potsdam, N. Y.
$18,000
^
Bond
Wyckoff School District, N. J.
Bonds Voted—An issue of $50,000
Federal income
tax
'
.
from bonds of the same type
ers
the terms of any
$2,260, payable to the
:
ol
probable usefulness of which is
30 years.
In the event that prior
to the delivery of the bond% the
income received by private hold¬
The purchaser must accept
delivery of and pay for the bonds
at the County Treasurer's office
on Aug. 28, 1945, or as soon there¬
after as the bonds can be prepared
for
pursuant to the
-
site for the District, the period
bid.
check
Issued
amount.
Education Law, as amended, for
the purpose of. acquiring a school
purchaser to the return
of the amount deposited with the
and executed.
binding general
and legally
said
same least
which event
bonds of
which
character
consideration
$60,000
Principal
bonds.
the
of
one-
or
$47,000 park bonds. Due on Aug
15, as follows: $2,000 in 1946
to 1958, and $3,000 in 1959 to
Pending—On
July 23, the State Funding Com¬
multiples of
terest:
Jamesburg, N. /.
Bond
all
for
,
not
in
be
(EWT) on Aug. 16 for the pur¬ and interest payable at the Valley
chase of the following coupon or Stream National Bank & Trust
registered bonds amounting to Co., Valley Stream, with New
$113,000, not exceeding 6% in¬ York exchange.
Bonds will be
entitle the
of
Sept.
will re¬
Bond Offering—Arthur
son,
1, 1945.
Denomina¬
tion $1,000.
Due Sept. 1, as fol¬
lows: $14,000 in 1946, and $10,000
in 1947 to 1950.
Rate of interest
Dated
terms of the contract of sale and
bonds
(EWT) on
$44,397,000 during the fiscal
ending last June 30. A 60%
reduction was realized by New
sealed bids until 2 p.m.
year
income
from
Central
to
able by the terms
holders
YORK
NEW
Hempstead
bonds, will, at the election of the
purchaser, relieve the purchaser
from his
obligations under the
■
.
Election Sought—A petition re¬
an
price.
In the event that
prior to the delivery of the bonds
the income received by private
1
Jersey (State of)
Net Debt Reduced During Fiscal
type and character shall be tax¬
-.v-v
.
Wahoo, Neb.
questing
chase
1964.
in
reading on Aug. 11, it is stated.
acceptable proposal.
Each pro¬ that one of such last mentioned
posal must state the amount bid proposals which offers to pay the
for the bonds, which shall be not highest price will be accepted.
less than $920,000 nor more than The purchaser must pay accrued
$921,000.
As between legally ac¬ interest from the date of the bonds
Oklahoma, cited
the Nebraska ceptable proposals specifying the to the date of delivery. Principal
Power Co. deal in connection with same rate of interest, the bonds and interest (F-A) payable at the
his attack in Congress on transfer will be sold to the bidder com¬ County Treasurer's office or at
of
utility properties;, to
public plying with the terms of sale and the Union County Trust Co., Eliza¬
The successful bidder will
ownership. A Congressional com¬ offering to accept for the amount beth,
mittee was created to conduct an bid the least amount of bonds, the be furnished with the opinion of
investigation as a result of Mr. bonds to be accepted being those Reed, Hoyt & Washburn of New
Boren's allegations. The inquiry first maturing, and if two or more York, that the bonds are valid and
will be of general nature and not bidders offer to accept the same legally binding obligations of the
confined to any particular situa¬ least amount, then to the bidder County. The enactment, at any
tion. Congressman Buffet of Ne¬ offering to pay therefor the high¬ time prior to the delivery of the
braska, incidentally, took issue est price.
T^
must bonds, of Federal legislation which
with Mr. Boren regarding the lat- also
pay an amqpnt equal to the in terms, by the repeal or omis¬
ter's attack on the Nebraska Power interest on the bonds accrued to sion of
exemptions or otherwise,
Co. transaction, as did officials of the date of
payment of the purr- subjects to a Federal income tax
the
due on Aug. 1, as fol¬
are
lows:
$6,000 in 1948 and 1949,
$10,000 in 1950 to 1963, and $8,000
refunding bonds will come up be¬
Borough Council for final
fore the
trict
furnished
and
1J/4S,
as
$38,000 as iy2s.
Dated Aug. 1,
1945. Denomination $1,000. These
bonds will be approved by Cald¬
of Power Dis¬
1965.
Expected-^-Early creation of well, Marshall, Trimble & Mitch¬
the Omaha Public Power District ell^ of New York, whose approv¬
66,000 road improvement bonds.
for the purpose of effecting public ing opinion will be furnished to
Due on Aug. 15, as follows:
the
purchaser without charge.
ownership of the properties of the
$3,000 in 1946 to 1959 and $4,Enclose a certified check for 2%
Nebraska Power Co., now tempo¬
000 in 1960 to 1965.
of the par value of the bonds,
rarily Owned by the Omaha Elec¬
Dated Aug. 15, 1945.
Denom¬
tric Committee, Inc., is expected payable to the Borough Treasurer.
ination $1,000. Rate of interest to
in view of the recent announce¬
Glen Ridge School District, N. J* be in a multiple of one-twentieth
ment
that petitions asking for
Bond Offering-r-M. W. Brown, of 1%, and must be the same for
establishment of the district and
all of the bonds.
In bidding for
Acting District Clerk, will receive
bearing the required 22,500 signa¬
sealed bids until 8 p.m. (EWT), the bonds, bidders must consider
tures will be presented to State
the bonds as constituting a single
on
Aug. 14, for the purchase of
officials. This is the last step nec¬
The purchase
$920,000 school coupon or regis¬ issue of bonds.
essary to the formation of the dis¬
tered bonds, not exceeding 6 % in¬ price specified in the proposal
trict, the Board of Directors for
Dated Sept. 1, 1945.
De¬ must not be less than $113,000 nor
which will be named by Governor terest.
In selecting
nomination $1,000.
Due Sept. 1, more than $114,000.
Dwight G r i s w o 1 d. When the
the proposal to be accepted, the
Omaha
Electric Committee ac¬ as follows: $17,000 in 1946, $18,000
in 1947, $19,000 in 1948, $20,000 in County Treasurer will not con¬
quired the properties in Decem¬
sider proposals which name a rate
ber, 1944, it announced intention 1949, $21,000 in 1950, $22,000 in
1951, $18,000 in 1952, $20,000 in of interest higher than the lowest
to turn them over to public own¬
rate named in any legally accept¬
ership at the earliest possible date. 1953 to 1959, $25,000 in 1960 to
Rate able proposal; and if two or more
The proposed transfer has been 1984, and $20,000 in 1985.
such proposals name the lowest
*the subject of controversy for a of interest to be in a multiple of
number of years and the enabling one-eighth
or one-twentieth
of rate, the proposal offering to ac¬
legislation traveled a stormy 1% and must be the same for all cept the least amount of bonds
Principal and in¬ (such bonds being the first matur¬
course
before it was finally ap¬ of the bonds.
proved by the Nebraska lawmak¬ terest payable at the Glen Ridge ing bonds) will be accepted, un¬
Trust Co., Glen Ridge.
ers and signed by Governor GrisNo pro¬ less two or more proposals name
wold. Much of the opposition was posal will be considered which the lowest rate of interest and
Creation
Early
;
'$122,000,
follows:
higher than the lowest rate
legally acceptable pro¬
at which a
'
J
-
"V
of
Monday, August 6, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
614
to
authorized
election
in
1965.
part of
a
at
These
$6,000,000
the
1944.
Nov.
;
110,000 2%% street improvement
bonds.
Dated Sept. 1,
1945.
Due
1955.
of
a
$11,000
These
Sept.
1946 to
part,
issue author-
bonds
$2,850,000
1,
:
are
Volume
ized
in'
Nov.?election
the
at
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4409
162
1927.-
58,000 2V4% fire apparatus pur\
chase bonds/ Dated Sept. 1,
:
1945. Due Sept. 1, as follows:
$6,000 in 1946 to 1953,
$5,000 in 1954 and 1955.
on
Bros.,
v.
i Phelps, Fenn & Co., ■
Stone & Webster, and
Blodget, Inc.,
Estabrook & Co.,
Eastman, Dillon & Co.,
Hemphill, Noyes & Co.,
author-
held
the election
June
on
Were
above bonds
The
zed at
and
held
"V1
$3,000,000: *
$1,000,000
$40,000
Due
and
struction
con¬
Sept.
$25,000
1,
S.
Co.,
1H% Bonds
City Bank,
ders
1946
'
1965.
to
improvement
Due
bonds.
Sept.
$75,000
1,
1946 to 1965.
.
m*
Co.,
Field, Richards & Co., and
Fahey, Clark & Co.,
,
jointly
101.81
County (P. O. Cleve¬
land), Ohio
Bond Offering—Frank J, Husak,
Clerk of the Board of County
Cuyahoga
Sept. 1, 1945.
Denom¬ Commissioners, will receive sealed
$1,000. .These bonds are bids until 11 a.m. on Aug. 13, for
part of the various issues amount¬ the purchase of $1,625,000 3% re¬
ing ;ta $16,000,0D0 authorized at funding
coupon
or
registered
the November, 1944 election.
bonds.
Dated Sept. 1, 1945.
De¬
nomination $1,000.
Due $163,000
Cincinnati City
School District,
April and $162,000 Oct. 1, 1946 to
]'■■■■
Ohio
■
'ng bonds offered for sale on July
2$--v. 162, p. CO-^-were awarded
to a syndicate composed of Hal¬
sey,
Stuart & Co., Blair & Co.,
Inc.,. Shields & Co. of New York,
HSlarine Trust Co., of Buffalo, B.
Ingen & Co;, Graham Par¬
sons & Co., Hornblower & Weeks
11 of New York, Otis & Co. of
J. Van
Stroud & Co.,
Dougherty & Co. both
New York,
Co. of
A. Webster
and William R.
Philadelphia,
of
&
Phelps
Campbell,
Cleveland;
Compton & Co.; Inc. of New York,
ds Is, at a price Of 101.08, a basis
bf about 0.91%.
Dated Sept." 1,
1945. Denomination $1,000. These
bonds are due $125,000 from Sept.
The next highest
J, 1946 to 1969.
bidder
Weeden
Chicago,
Bank,
National
First
the
was
Co.,
&
Said bonds
1950.
the
issued for
are
of providing funds
refunding
certain
callable
Burr,
Otis
for
First
bids
bids
If
will
not
received
are
different rate
a
considered.
be
of
based
upon
interest
than
ihteiest; based upon the
jointly, for Is, at a price of 100.Bids to be
855.
Other
bidders
were
as j lowest rate of interest.
Lazard Freres
Clerk.
1% Bonds
& Co.,
Corp.,
Lee
York,
Higginson
jointly
Mellon
.
Securities
about Sept.
Corp.,
bid
bonds
Enclose a
1, 1945.
for
for,
1%
of
the
payable
check
certified
to
York,
New
v
■;>'
Co., and
of. Columbus,
Co.
Ohio
| jointly
——
100.569
Bankers Trust Co.,
New York,
.
,
Darriman Ripley & Co., Inc.,
Smith, Barney & Co., —
Fifth Third. Union
.
of
>
'
Cincinnati,
Stranahan, Harris & Co:,
Trust
Co.,
•
-
-
i
,
Geo. B. Gibbons &
:
Inc.,
..
Co.,.
St. Louis,.
Michigan Corp.,
& Co.,
Dickson
$2,975,000 and
offered for sale on July 30, were
awarded to a syndicate composed
of
the
/
Y
First
National
Bank
of
Bank
.
Trust
&
Co.
price
of
about
*
0.95%.
100.535,
Due
Breed & Harrison,
1945.
Bank &
Trust Co., Cincinnati,
Assel, Kreimer & Co., and
Weil,. Roth & Irving Co.,
a
Dated
basis
Sept.
Sept.
1,
follows:
•
jointly
on
100.189
■4,\
YY :
160,000 series A, court house an¬
nex
and juvenile detention
-
1967.
■
—
the
proposed
consolidated
a
■
SOUTH
CAROLINA
>
Bond
■>
Chief
1960.
(J-D)
there
Prin¬
and
Williamson,
Highway Commis¬
will
become
and
be
due
payable with respect to each
of the bonds the
Wellington Bank,
and
accrued
date
called
tional
Coweta, Ohla,
$12,000
v
.
S.
sioner, has announced that all out¬
standing bridge revenue refund¬
ing bonds amounting to $4,050,000,
dated Sept. 1,
1944, which are
payable on or after March 1, 1946,
are called for
payment on Sept,
1, and accordingly on thatr date
an
payable
Sale—The
Call—J.
State
principal thereof
interest
thereonyto
(including the addi¬
interest
in
the
of
amount
$10.00 required to be paid in
Sani¬
case
interest will be paid on presenta¬
tion and surrender of such bonds
and
Associates,
For
Is.
Bond
Bank
are
due
of
$2,000 in 1948
at
Planned
—
An
issue of $250,000 Veterans Memo¬
rial building bonds will be sub¬
mitted to the Voters at the election
to be held in November,
redeemed
such
on
Bank
&
Trust
Chicago.
Bank
Each
&
Trust
bond
Co.
surren¬
dered must be accompanied by all
for
interest
accruing
Sept. 1, 1945.
Coupons for
interest due on Sept. 1, 1945, may
coupons
after
be attached to said bonds for pay¬
Pottawatomie
County (P. O.
Shawnee), Okla.
Issuance
*
Chemical
National
can
Aug. 14, for the purchase of $60,000 hospital bonds, approved
by
the voters on July 3.
Bond
the
of
receive sealed bids until
Lima, Ohio
is
Co., New York City, or at the
option of the holder at the Ameri¬
Norman, Okla.
Bond Offering—It is stated by
T. C. Barrowman, City Clerk, that
he will
bond
date), and that such principal and
Coweta.
Y*"Y: Y'Vv':-.
Y•'V
100.16
__
Election
National
to 1953.
V
>*
Lakewood, Ohio
ment,
Pending—It
or, if detached from the :
bonds by the holders thereof, may
is
be
said that county officials are con¬
presented for payment imthe
usual
course.
Registered bonds
sidering the issuance of the fol¬
lowing bonds aggregating $800,000: must be accompanied with proper
instruments of assignment. 5
•
by the City Council. These bonds $600,000 road construction, $100,were
authorized at the Novem¬ 000 road machinery, and $100,000
Any time after July 5 and prior
to Sept. 1, 1945, any holder may
ber election held in 1944.
bridge repair bonds.
Newcomerstown,
Ohio
mitted
eral
the voters at the
to
election
in
Ohio
gen¬
November.
reported by Geo. M. Pogue, Secre¬
tary of the State Teachers' Retire¬
Harris
the
that
Trust & Savings Bank of Chicago,
was the highest bidder on July 30
for
the
$750,000
City of
bonds,
follows:
as
.
$250,000 refunding, Series A bonds
at 102,2907.
Due on Sept. 1,
1946.
Interest payable M-S.
250,000 refunding, Series A bonds
at 104.163.
Due on Sept. 1,
1947.
Interest payable M-S.
250,000 refunding, Series A bonds
105.818.
Due
on
Sept.
1,
Interest payable M-S.
1948.
The next best bidders were:
Northern
Trust
Co.
1948
Trust
Co.,, *
Chicago,
:■ >4 ''
1946 Maturity..... 102.288
For 1947 Maturity
104.08
For
For
1948
For
1946
Maturity..... 102.218
Sept. 1, 1945, at either
places of payment named
following
1
amount
to which he would be entitled by
of principal and accrued in¬
of South Carolina
These bonds are part of the
$825,000 issue voted at the elec¬
rial
tion held
sewer,
June 12.
on
Springfield,
for sale
on
—were
awarded
Oregon,
First
July 30—v. 162,
of
as
Sept.
Bank
l^s,
at
400
p.
of
Bank
Springfield,
National
jointly,
the
to
the
and
of
Eugene,
1,
PENNSYLVANIA
Election
Planned
—
An
issue of $3,000,000 post-war
build¬
ing bonds will be submitted to the
voters
at
an
election
to
be
held
November.
Northampton
Claude
of
the
1945. ' Interest
called.
Yt J
having acquired
Bridge, referred to in- the
bonds, pursuant to and in accord¬
with
an
act of
the
General
Assembly of South Carolina,: ap¬
proved March 15, 1945, the notice
of redemption is published by the
Chief Highway Commissioner ■ of
the
State
behalf
of
of
South
Carolina
Charleston
County,
on
.
as
provided in the act.
SOUTH
[ ;
•
is
stated
Bond Sale—The $25,000
1% air¬
bonds offered for sale on
30—v.
162, p. 295—were
awarded
to
the
City - Sinking
port
July
Fund, at
C.
Fogelman, Secretary
Authority, that the Au¬
par.
Dated July 1, 1945.
These bonds
1946 to
Denomination $1,000.
are
due $5,000 on July 1,
1950,
Bonds
by
DAKOTA
Huron, S. Dak.
,
Municipal
Borough
Call—It
1,
date
title to the John P. Grace Memo¬
Norden
Authority, Pa.
Bond
Sept.
on
The State Highway Commission
>
Bond
to
ceases
Dated
Denomination
Allentown School District, Pa.
in
terest
par.
,1945.
The next highest bidder
was Chas. N.
Tripp Co., For $56,000, l%s, and $29,000 IV2S, at a
price of par.
$1,000.
way
ance
Ore.
Bond Sale—The $85,000 coupon
semi-annual sewer bonds offered
Maturity..... 105.758
Braun, Bosworth & Co, Inc.,
or
the
$225,000:
$78,000 in¬
tercepting sanitary sewer, $15,000
sewer disposal
plant, and $25,000
park improvement bonds.
1946
Other bidders were as follows:
:
ized the issuance of the
bonds
amounting
to
maturity,
Northern
after
on
of
Authorized—On
July 17, the City Council author¬ I above and receive the full
of Chicago
maturity, 102.888; for
105.758.
Braun, Bosworth & Co, Inc.—
For 1947 maturity, 104.09.
—For
Issuance
21/2%
Cleveland (Unlimited Tax)
at
Bond
$107,000 storm
(State of)
System,
Medford, Ore.
and
Portfolio Bonds Awarded—It is
ment
surrender his bonds together with
all coupons for interest accruing
OREGON
swimming pool bonds will be sub¬
as
$128,000 from 1946 to
1.966, inclusive and $127,000 in
Provident Savings
$80,000
OKLAHOMA
,
of
Charleston County, S. C..;
Dec. 1 in 1946 to
Bond
finance
These bonds
of
1,
issue of
Y Trust Co, Cincinnati,
Fahey, Clark & Co,
City,
$2,815,000 series C, county home
building bonds, as Is, at a
'
election
an
building,
together with
Lower
Macungie Township School Dis¬
trict.
' V':' ;V.
Y'Y>:;:"
YYirJ Y*
jointly by the Village
Township.
Denomina¬
$1,000, $500, and one for
Dated Sept. 1, 1945.
Due
at the First
to
construction
neces¬
an
First
of
Milwaukee Co. of
Milwaukee, and Stroud & Co. of
Philadelphia:
: ''
Brown Brothers Harriman
:
O. Cincin
(P.
County
nati), Ohio
.
Bond Sale—The following bonds
Kansas
John Nuveen-& Co.,
Co.,
100.111
Cincinnati.-
National
Mercantile-Commerce Bank
&
offer of
an
Lazard -Freres & Co.;
Braun, Bosworth & Co., Inc., Cof¬
fin & Burr of New York, City
Chicago,
First Boston Corp.,
S.
was
Chicago,
Savings
Bank,
First of
Second
pass
tary sewer bonds offered for sale
on July 30 were awarded to the
taking the award
—
R.
$4,000
inclusive.
15,
15,
amounting to
&
& Trust Co.,
July
from July
1971
best bid
v
■
;
Due
to
Hamilton
..
YYY,-,:
Trust
1947
of
Adams, McEntee & Co., and
Chas. E. Weigold & Co.,
jointly
100.531
Harris
1945.
Dated
l%s, tendered by the Prov
ident Savings Bank & Trust Co.
•
Hayden, Miller & Co.,
Wood, Struthers & Co.,
R. L. Day & Co., ;
1.23%.
about
for
'
Inc.,
cou¬
on
District
Ohio
The
—
cipal and interest
the issuance of $30,000 park
hospital bonds
July 27—v. 162,
p.
294—were awarded to Fox,
Reusch & Co. of Cincinnati, as
Wis, at a price of 100.55, a basis
pon
offered for sale
Voted
Bond Election—It is stated that
semi-annual
Bros.' &
Barr
on
100.305
to
Provident Savings Bank &
the
Galion, Ohio
Sale—The $100,000
Bond
School
Pandora),
the
$125.
meet
the
Treasurer.
County
Guaranty Trust Co.,
t
10:00 a.m., on
these bonds before
O.
owned
tions
$2,815,000 Bonds
calling for the issuance of $390,000
Memorial
Hospital and Nurses
Home bonds was passed recently
furnished.
100.714
be
and
un¬
Pittsburgh,
;
100.15
approving opinion will be
The
purchaser must
be prepared to accept delivery of
of
Dempsey
will
legislation to call
sary
ordinance calling for the issuance
of $13,125 2 % town hall bonds, to
were:
Township School
(P. O. Emaus), Pa.
to submit to the voters
Township
;• ••
'!
„•
i'i
Milford
rectors
No¬
Council is said to have passed
Ordinance Passed—An ordinance
or
—-——
I
Y
1
Bond
Election
Pending — On
Aug. 10, the Board of School Di¬
Wellington, Ohio
bidders
Sand¬
whose
Co.,
&
Anthony
been taken
in
'
District
Bonds Authorized—The Village
Cleveland,
-and
ers
Corp.,
Equitable Securities Corp., ,
Brauri, Bosworth & Co., Inc.,
Gruntal & Co.,
C. F. Childs & Co., and
Tucker,
incident
authorization of
der the direction of Squire,
New
-
The proceedings
to
the
proper
these bonds have
Securities
Union
forms furnished by the above
on
105.20
held
•;
all
on1 date
ceases
.
"•[
.
due in 20 years.
are
between Jan. 1, 1931, and Jan. 1,
Halsey, Stuart & Co, and
1934.
Principal and interest pay
',. Associates, ':
able at the County Treasurer's
For Is.
office.. Bids may be submitted at
a
different rate of.interest, pro¬ Harris Trust & Savings
Bank, Chicago,
vided, however, that where a
fractional rate of interest is bid, First Boston Corp,
Shields & Co,
said fraction shall be V\ of 1% or
multiples thereof.
Different in¬ John Nuveen & Co,
terest rates may be bid, but split R. S. Dickson & Co,
rate
'■
house, garage, bus
and vocational farm shop bonds
were favorably voted at an elec¬
tion held recently.
These bonds
,
For
be
/Y
with
attached,
presented for payment
Interest
Upper
William Blair &
incurred
bonds.
Maturity..
Bonds
.
indebtedness
105.44
memorial field
Co,
Bank,
together
coupons
said date, at the place of pay¬
ment specified on the face of the
Hutzler,
to
Due
on
1948
election
to
Due March
called.
(P.
.
an
should be
bonds
Co,
bonds which will be called for First National Bank,
payment Oct.' 1, 1945.
Of said i. Minneapolis, and .
bonds approximately $1,393,938.50 First National Bank,
St. Paul, jointly,
represent
an
.indebtedness
in¬
curred prior to Jan. 1, 1931, and
For $160,000, Is
the remainder of said bonds rep¬
Amond other
resent
bonds,
103.88
102.09
Maturity
;
Maturity..... 103.86
Memphis,
crued
For
National
Sept. 1, 1943.
102.06
1947
Riley
Weeks,
A. G. Becker &
& Trust
follows:
Co,
1,
1940.
1970.
to
■;
Said
vember.
'
&
1961
unmatured
1946
the
Halsey, Stuart & Co,
Co, Inc.,
&
Dated
of $700,000 construction bonds
will be submitted to the voters at
100.51
March
1,
1, 1971.
sue
Blair &
purpose
City
National
Above specified, the bonds will be
Co., Kansas City,
awarded
to
the
highest: bidder
Milwaukee Co., Paul H, Davis &
Co. and
A.
G. Becker & Co., offering not less than par an ac¬
&
Coffin
Bank
Co, and
Van Lahr, Doll &
Isphording, jointly
For $2,815,000, Is.
561
Water Revenue, Nos. 1 to 35, to
amount of $35,000.
Painesville School District, Ohio
Bond Election Planned—An is¬
&
Nos.
the
For
Brown Brothers Harriman
Hornblower
Dated
March
For
Co, Cincinnati,
Higginson Corp,
Equitable Securities Corp,
Revenue
1,000, to the amount of $440,000.
For
Lee
Dated
build-
Salomon Bros. &
Fifth Third Union Trust
ination
Bond Sale—The $3,000,000
Price Bid
Co.,
New York,
Smith, Barney & Co.,
W. E. Hutton & Co,
Stranahan, Harris & Co,
&
Water
Trust Co, Kansas City,
jointly,
For 1946 Maturity
For 1947 Maturity
i.
For 1948 Maturity
highest bid¬
follows:
as
Bidders
:
:
street
1,500,000
The next
were
Bankers Trust
.
,
1969 inclusive.
Cleveland.
-
thority is calling for payment as
of Sept. 1, the following bonds:
Corp,
Pittsburgh, jointly,
For 1946 Maturity^
102.07
For 1947 Maturity.
103.79
For 1948 Maturity
105.30
Boatmen's National Bank,
St. Louis, and
City National Bank &
office.
Legality to be approved
by Squire, Sanders & Dempsey of
-
Curtis,
Moseley
105.64
Mellon Securities
Principal and interest (M-S)
payable at the County Treasurer's
?
; Y
Rothschild & Co.,
F.
&
Maturity...— 104.09
1948
Maturity.
Halsey, Stuart & Co, and
to
For
L.
1947
For
Dated Sept. 1, 1945.
on
Sept. 1, as follows:
$7,000 from 1946 to 1961, in¬
clusive and $6,000 from 1962
Co., and
New York,
Blyth & Co.,
For
Due
100.13
National
F.
equipment
Due
bonds.
-
"
hospital
general
Sons,
615
0.97%.
Y-
jointly
Sept.
on
Y-Vl, 1946 to 1970.
500,000
-
&
home bonds, as Is, at a price
of 100.387, a basis of about
'■
,
construction Paine, Webber, Jackson
sewer
'Y bonds.
.
Rollins
H.
Einhorn &
6.
Passed—On
une 27
the City Council passed
ordinances calling for the issuance
of the following bonds amounting
to
E.
Stern Bros. &
Ordinances
Bond
,
Lehman
v
Township (P. O.
Nor den), S. Dak.
Voted—The
Lake
issuance
of
$13,000 road improvement bonds
was
approved recently by, the
voters, it is reported.
:
THE COMMERCIAL & FINANCIAL
616
'
Tenn.
Program
Chattanooga,
.
Equalization
Debt
Complete—The
Nearly
program
involving $6,135,000 of the city's
debt has been completed to the
extent of over 96%, according to
a report made to city officials by
Wainwright, Ramsey & Lancaster
of New York, fiscal agents for
Of the $6,135,000 bonds,
the city.
only
$237,000
remained* unex¬
changed with bondholders at the
close of the fiscal year, June 30,
1945, when the program was con¬
cluded.
While certain bonds^ma¬
turing in the fiscal years
of the program has been
completed.
purpose
*
Sevierville, Tenn.
1
Bond
Call—Electric system rev¬
bonds, Nos. 1 to
refunding
enue
called for
Sept. 1, 1945, at the
31, totaling $31,000, are
payment on
New
dated Aug.
Chemical Bank & Trust Co.,
Bonds are
and mature on Sept. 1
1943 to 1951 inclusive.
York City.
from
*,.
f
(State of)
Tennessee
Bond Offering—It
is announced
by Governor Jim McCord, that the
State Funding Board will receive
sealed bids until 11 a.m. on Aug.
follow¬
bonds:
$2,000,000 Charitable and Penal
13, for the purchase of the
ing coupon or registered
and $1,500,000
Tuberculosis Hospital bonds. De¬
nomination $1,000. Dated Sept. 1,
1945.
Due on Sept. 1, 1957.
Bid¬
ders are requested to stipulate the
rate of interest the bonds are to
bear in multiples of
% of 1%.
Different rates of interest may be
Institutions,
stipulated for both issues, but the
same rate of interest must be stip¬
ulated for all bonds of the same
issue.
Bidders may bid for both
issues, or for one issue, and may
condition
their
bid
upon
the
them of all or no part
award to
No bid for
of the bonds bid for.
will be accepted.
Principal and interest payable at
the fiscal agency of the State in
New York City or at the office
of the State Treasurer, and the
bonds contain provisions for their
registration as to principal alone
or
as
to both principal and in¬
less
than
par
All of the bonds
terest.
are
direct
general obligations of the State
,
for the payment of
faith and
which the full
of the State
credit
are
pledged, and as additional secur¬
ity therefor, there is also pledged
the annual net
bridges
revenues
of all toll
operated by the State
State agency, the first
$307,500 of the annual receipts of
any
tobacco tax heretofore or
or
now
any
hereafter levied until and includ¬
ing the fiscal
1946-47, the
year
nual proceeds of
a
tax of 5 cents
gallon upon gasoline, the an¬
nual proceeds of all fees for in¬
spection
of volatile substances
provided for by Section 6821 of
of
Code
the
of
proceeds of motor
registration fees
hereafter
the
Tennessee, one-half
annual
vehicle
State
and
the
entire
bonds
of
the
taxes,
share
entitled to the
are
proceeds
now
or
opinion of
Wood, Hoffman*,' King & Dawson
of New York, will be furnished.
Enclose a certified check for 2 %
of the bonds bid for payable to the
State Treasurer.
Bexar County
revenues
pro
benefit
and
to
rata with any
other obligations of the State that
might be entitled to share therein
as provided
by Chapter 165, Pub¬
lic Acts of Tennessee, 1937.
The
bonds will be awarded to the bid¬
der offering to take them at the
lowest rate of interest at a price
not less than par and accrued in¬
terest to
date of
bid for
both
which will
terest
cost
delivery, unless
issues is received
result
to
in
a
lower in¬
the
State over the
life of both issues than
any com¬
bination of bids for
separate issues
in which
event
such bid
accepted.
will be
The statutes prescribe
a
maximum rate of 3% for
the
Charitable and Penal Institutions
(P. O. San Ant onto),
Com¬
It is announced that all
but 3%
of the County's bonds,
called in October, 1943, for re¬
—
funding under a contract entered
into between the Commissioners'
bond syndicate,
have been taken up and refunded
at a lower interest rate. As of Feb.
Court and a local
1, holders of $289,000 in bonds that
had been called had not complied
with the call order,
all
weeks
of
these
but in recent
but $43,000
returned for refunding.
were
'
substantial
It is believed that a
part of the Bexar County bonds
still outstanding on the called is¬
sues
for refunding are held by
Houston Land & Trust Co., and
possibly will be surrendered soon
for completion of the country's
original refunding contract in¬
volving $1,419,000 ih bonds which
were issued at 4% % interest. The
refunding program calls for in¬
terest rates at from 2 to 3%.
original total, the county
paid off $76,000. A total
$1,280,000 in the bonds, includ¬
ing courthouse and jail, bridge,
juvenile home, bridge refunding,
an ad valorem
all taxable property within
supported by
are
tax
on
the City
limits. These bonds carry
option to call prior to matur¬
ity. It is believed that these bonds
will be ready for delivery to the
no
purchaser immediately after Sept.
1, 1945. The Liberty State Bank,
of Dallas, will certify as to the
genuineness of the signatures of
the officials signing the bonds and
also as to the City seal impressed
thereon. The City will furnish at
its
Nearly
Refunding
Bond
plete
bonds
lithographed
expense
with the proper interest coupons,
and will also
of
opinion
supply the approving
the Attorney-General
approving
opinion of Chapman & Cutler, of
Chicago, all legal opinions to be
paid for by the City. The City
Council states that the City will
of
the
sell
the
and
State
within
bonds
additional
no
their
State Board of Education by
counsel, Gaynor Kendall, the
statement is made that City obli¬
bond
gations receive automatic waiver
of the option to purchase for the
Permanent School Fund of the
Enclose
a
check
certified
2% of the face value of the
paid off by the coun¬
ty, leaving a balance of $43,000
to be refunded.
Borger Independent School District
(P. O. Borger), Texas
Bonds Not Sold—It is stated by
Roberts, President of the
Board of Trustees, that the $475,000 school house bonds scheduled
J.
L.
for
award
.
on
July
162,
26—v.
400—were not sold, as no bids
received.
Dated Aug.. 14,
Pi
were
These bonds
1945.
are
due
Feb.
on
follows: $20,000 in 1946 to
1950, $21,000 in 1951, $22,000 in
1952 and 1953, $23,000 in 1954 and
1955, $24,000 in 1956 and 1957,
$25,000 in 1958 and 1959, $26,000
in 1960 and 1961, $27,000 in 1962,
14,
as
$30,000 in
The $60,000 bonds maturing
in
$57,000
1964.
1963,
and
in 1963 and 1964 to be
Feb.
optional
for,-payable to the City.
The City Charter requires that
the opened bids shall be held for
48
hours
before ■; making
the
award, after which period the de¬
posit checks of the unsuccessful
bidders will be returned promptly.
14, 1948, of any interest date
and $106,000 maturing
Dallas, Texas
Offering—It is stated by
Earl Goforth, City Secretary, that
Bond
receive sealed
bids until
1:45 p.m. on Aug. 8, for
chase
of
the following
bonds
the pur¬
coupon
aggregating $1,500,000:
;
$1,000,000 airport improvement
bonds, Series No. 188.
Due
$50,000 on Sept. 1 in 1946 to
1965 inclusive.
Voted
on
Dec.
Tex.
—
An
issue
of
feated at the election held on July
24.
Elgin Independent School District,
Tex.
Bond Sale—The
house
$20,000 school-
offered for
bonds
sale
on
511—were
awarded
to
the Elgin National
Bank, as 2*4s.
Dated Aug. 15,
1945.
Denominations $1,000, $500
31—v.
July
and $100.
162,
p.
These bonds
Bond
Sale —The
$100,000 3%
recently
to the Ranson-Davidson
Co., of
San Antonio. Dated June 15, 1945.
Denomination $1,000. These bonds
are due $5,000 on June 15 in 1946
to
1965.
Principal and interest
road bonds were awarded
(J-D) payable at the State Treas¬
office.
Legality approved
urer's
by Vandewater, Sykes & Heckler,
of New York.
.
Midland Independent School Dist.,
Tex.
ry::\
Bond Offering—Frank Monroe,
Acting Superintendent of Schools,
will receive sealed bids until 7.30
on Aug. 7, for the purchase
$325,000 school house bonds, at
3% interest. Dated
p.m.
of
not exceeding
Sept. 1,1945. Denomination $1,000.
Due Sept. 1, as follows: $10,000 in
$13,000 in 1947 and 1948,
$14,000 in 1949 and 1950, $11,000
in 1951 and 1952, $15,000 in 1953,
1946,
payable at the place preferred by
the purchaser.
It is the intention
$1,000.
Dated
Bidder to name the
rate of interest that will justify a
bid of par, or approximately par,
expressed in hundredths of 1%,
but split rates will not be consid¬
ered.
It is.-desirable, but not a
requirement, that all issues carry
the same rate. Principal and in¬
terest (M. & S.) payable at the
Chase National Bank, New
WASHINGTON
assistant director of the State Department of Conservation and De¬
velopment and E. Z. Berg, recla- V.|
mation
engineer, conferred re¬
cently with the District Commis- v
sioners
regarding
- outstanding
debt of $38,000 incurred in 1936., ■
Nothing has been paid on bond
principal,
according to
report.
The bonds
are
owned by the State
1
of
Washington, which is consider¬
ing foreclosure on property owners
who have not paid their asJ
sessments.
,
|
.
accrued interest.*
of two
bination
rates
of
issue
Held—An
$74,150 construction bonds was
submitted to the voters at
tion held
on
Knott
County
School
Bond
an
elec¬
July 28.
Independent
Line
District,
Offering—H.
Tex.
E.
Barnes,
Superintendent of Schools,
August
$110,000
not
7,
calls
until 8:30 p.m. on
the
for
purchase
of
school house bonds, at
exceeding 4%
interest.
Sept. i, 1945. Denomina¬
$1,000. Due September 1, as
follows:
$3,000 in 1946 to 1960,
$4,000 in 1961 to 1970, and $5,000
Dated
tion
in 1971 to 1975.
These bonds car¬
ried by" a vote of 58 to 4, at an
election held on July 21. Princi¬
pal and interest payable at the
place preferred by the purchaser.
certified check
fpr $6,500, payable
to the District.
Nocona, Tex.
«
Bonds Voted—An issue of $120,-
water
printed bonds, a copy of
proceedings, the approving
opinion of J. P. Gibson, of Austin,
or of Chapman & Cutler of Chi¬
cago, and will deliver the bonds
the
to
the
bank
designated
by
purchaser without cost to him.
is
anticipated that delivery
can
the
It
be
effected by Sept. 10* 1945. Enclose
a
certified check for $2,200, pay¬
York. able
to the District.
*•
run
for
a
and
sewer
at
bonds
an
of
the
bonds, payable
County, Treasurer.
the
Washington Toll Bridge Authority
(P. O. Olympia), Wash.
Sale—The issue of rev-^j
refunding bonds amounting
Bond
was
election
to
enue
to
$4,750,000 offered on July 28—
162, p. 512—was awarded to a
syndicate
composed
of Harris,
Hall & Co. of Chicago, Phelps,
Bonds Voted — It is. reported Fenn .& Co. of New York, Crutthat the voters approved recently tenden & Co., Paul H. Davis &
the issuance of $750,000 construc¬ Co., Paine, Webber, Jackson &
tion bonds.
Curtis, all of Chicago, the Milwau-t ,1
kee
Co.
of
Milwaukee, Braun,
Willacy County-. Water Control and Bosworth & Co.,
Inc., -Harris,
Improvement District No* I
Lameroux & Norris of Seattle, and
(P. O. Raymondville), Tex.
Julien Collins & Co., Chicago, as
Bond Sale—An issue of $2,351,- 1 %s, at a price of 100.13, a basis '
000
3%
refunding
bonds was of about 1.23%.
These bonds are
v.
City School District (P. O.
Texas City), Texas
awarded
recently to a syndicate
composed of John Nuveen & Co.,
R. A: Underwood &
Co., of Dallas, C. F. Childs & Co.,
of Chicago, the Equitable Secur¬
ities Corp., Allen & Co., of New
York, Robert Hawkins & Co., of
Boston, Paine, Webber, Jackson &
Curtis, of Chicago, Boettcher &
Co., of Denver, Thomas & Co., of
Pittsburgh,
Miller,
Kenower &
of Chicago,
It is the, intention of the Board of
nish the
Said bonds will
period of 10 years, said period of
time being
(as nearly as prac¬
considered on bonds with 5-year ticable) equivalent to the life of
<]
option.
The district will furnish the improvement to be acquired
the printed bonds, a copy of the by the use of the proceeds of the
proceedings, the approving opin¬ sale of said bonds. Provided, that
ion of J. P. Gibson, of Austin, or the District reserves the right to. I
of Chapman & Cutler, of Chicago, pay or redeem said bonds or any
1
and will deliver the bonds to the of them at any time after three
bank designated by the purchaser years
from
the
date y thereof.'
without cost to him.
It is antici¬ Principal and interest payable at
the
pated that delivery can be effect¬
County
Treasurer's
office.
ed by Sept. 10, 1945. Enclose a Enclose a certified check for 5%
Texas
T ex.
numerical
multiples of Vs
proposals will be
of 1 %. Alternate
favorably
voted
held on July 10.
District (F. O. Galveston),
are re¬
with their
Any rate or rates
000
Election
be-^
come
named must be in
Galveston
County, Santa Fe Con¬
solidated. Community School
Bidders
quired to name the rate or com¬
sive.
Bond
Said bonds shall mature and
terest.
of approxi¬
mately, but not less than, par and
*
Denomination
W'-
Grays Harbor County Diking and^
Drainage District No. 4, Wash. J
Bonds
Unpaid—B.
B. White, j|
crued interest.
bonds at the lowest interest cost
that will bring a price
1
Sept. 1, 1945.
gality approved by Chapman &
Cutler, of Chicago, • and McCall,
Parkhurst & Crowe, of Dallas.
payable serially in their: I
order, lowest numbers Jj
first, beginning the second year
after the date of issue, and in such ^
amount (as nearly as practicable)
as will together with the interest
on the outstanding
bonds be met
by equal annual tax levies for the |
payment of said bonds and in-t
of the Board of Trustees to sell the
Co., of Detroit, Leedy, Wheeler &
Trustees to sell the bonds at the Co., of Orlando, Allison-Williams
bonds, Series No. 189. Due lowest interest cost that will bring Co., of Minneapolis, and Smallwood & Co., of Fort Worth. Dated
$10,000 on Sept. 1 in 1946 to a price of
approximately, but not
1965 inclusive. Voted on Dec.
July 1, 1945. These bonds are due
less than, par and accrued inter¬
28, 1943..
•>
' est. Bidders are required to name on March 1, as follows: $5,000 ,in
.200,000 street paving bonds, Ser- the rate or combination of two 1946, $21,000 in 1947, $22,000 in
ies No. 190.
Due $10,000 on
rates with their bid which is near¬
1948, $30,000 in 1949,. $46,000 in
Sept. 1 in 1946 to 1965 inclu¬ est par and accrued interest. Any 1950, $48,000 in 1951, $49,000 in
sive. Voted on Dec. 15, 1927.
rate or rates named must be in
1952, $51,000 in 1953, $52,000 in
100,000 park improvement bonds,
multiples of Vs of 1%. Alternate 1954, $54,000 in 1955, $55,000 in
Series No. 191. Due $5,000 on
proposals
will
be
considered 1956, $57,000 in 1957, $59,000 in
Sept. 1 in 1946 to 1965 inclu¬ on bonds with
option at any time 1958, $60,000 in 1959, $62,000 in
sive.
Voted on Dec. 15, 1927.
after date. The District will fur¬
1960, $64,000 in 1961, $66,000 in
28, 1943.
200,000 storm sewer improvement
i*
tional Sept. 1, 1950.
Secured by
unlimited ad valorem taxes.
Le- l.
Skagit County Consolidated School j
District No.
311
(P. O.
V5)j
$16,000 in 1954, $17,000 in 1955 and
\
Mount Vernon), Wash.
1956, $18,000 in 1957, $17,000 in :
Bond Offering—Will
B. Ellis, 1958, $18,000 in 1959, $19,000 in County Treasurer,
will receive
1960 to 1962, $11,000 in 1963, $26,sealed bids until 11 a.m. on Aug.*$l
000 in 1964, and $27,000 ih 1965.
25, for the purchase of $35,000
These bonds carried by a vote of
semi-annual, building coupon^ ]
215 to 2, at the election held on
bonds, at not exceeding 2Vz% in¬
July 14.r Principal and interest terest.
'
'
- *
J
due on
are
Aug. 15 from 1946 to 1965 inclu¬
for sealed bids
thereafter.
will
Defeated
$750,000 bonds, consisting of $250,000 sewage revenue bonds, $100,000 street improvement and main¬
tenance bonds and $400,000 water
arid power plant bonds—was de¬
thereafter
he
Denton,
1
Bonds
on
in 1960 to 1963, to be optional on
Feb. 14, 1959, or any interest date
Tex,
,
bid which is nearest par and ac¬
bonds bid
Of the
mains to be
(sW*ty (P. O. Centerville),
■■t
.
State.
for
of
and permanent improvement re¬
funding bonds, have been refund¬
ed to date.
A total of $20,000 re¬
Leon
,
dated
July 5, 1940, and written for the
the next 90 days. In a letter
since has
annual
of the foregoing
fees and
therein,
the
determine
will
The approving
award.
required to be paid to
proceeds of franchise taxes im¬
posed by the Franchise Tax Law,
being Chapter 100, Public Acts of
Tennessee, 1937, and all of the
a
premium"
naming the same
the amount of
an¬
per
the
interest,
of
rate
1942
1,
a
between bidders
ending
1957 and
1960 were not
turned in, the City had on hand
sinking fund assets adequate to
meet them and thi"? the original
1956,
fully
maximum rate of 4% All bonds will be payable to bearer
with the option of registration as
for the Tuberculosis Hospital
to principal only. "All or none"
bonds, * and:/ accordingly higher
rates cannot be considered.
As bids are permissible. These bonds
bonds and
TENNESSEE
Monday, August 6, 1945
CHRONICLE
due
Sept. 1,1955. Optional on
as follows:
$200,000 in
1946, $390,000 in 1947, $470,000 int
1948, $490,000 in 1949, $500,000 in
1950 and 1951, $520,000 in 1952,
on
Sept.
1,
.
$530,000 in 1953, $540,000 in 1954
and $610,000 in 1955.
'
Bond Call—L W. Hoover, Secre¬
tary
of
the
Authority,
that
nounced
all
has
an¬
outstanding
Washington Toll Bridge Author¬
and Lake Washington Toll*|
Bridge revenue bonds Nos. 1 to
4815, amounting to $4,815,000 are
called for1 payment on ; Sept,
1.
Dated-Sept. 1, 1944.
Denomina¬
tion $1,000 each.
Holders of any
ity
of said bonds
sent
them
are
notified to pre¬
at
one^of the places
designated
therein
as
oL date
called,, for redemption on terms *'
as
specified in the respective
bonds.
called.
Interest
ceases
.
on
date
'v-oV-
$68,000 in 1963, $70,000 in Yakima County, Sunny-Side School
Dist. (P. O. Yakima), Wash.*
$72,000 in 1965, $74,000 in
Bond
Offering — The
County
$77,000 in 1967, $79,000 in
$81,000 in 1969, $84,000 in Treasurer will receive sealed bids
until 10 a.m. on Aug. 11, for the
$86,000 in 1971, $89,000 in
$91,000 in 1973, $94,000 in purchase of $100,000 construction
1974, and $585,000 in 1975. Bonds coupon bonds, to bear not exceed¬
maturing
from
1956
to
1974, ing 6% interest. - Dated Sept. 1,
Denomination $100, or any
and
$235,000 in 1975, are • op¬ 1945.
1
tional Sept. lr 1955, and $350,- multiple not exceeding $500.
En¬
000
maturing in 1975
are
op¬ close a certified check for $5,000.
1962,
1964,
1966,
1968,
1970,
1972,
,|
@FedFRASER